Reglstered number.. 07655788 Charlty number: 1144809 THE BATIC PARTNERSHIP TRUST IA ¢ompany limiled by guarantecl UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 THE BAnC PARTNERSHIP TRUST IA ¢ompany limiied by guarathteel CONTENTS P8g8 Reference and adrninistrative details of the company* its Tru5tee5 and advlsers Tru$tee$' report Independent exarninerfs report Statsment olfinancial activities Balance sheet Note$ to the finan¢lal statements 8-17 THE BATIC PARTNERSHIP TRUST IA ¢ompoTry Ilmlted by 9uaranteel REFERENCE AND ADMINISTRAnVE D￿AlLs OF THE COMPAMY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUfjUST 20Z3 Tru$1￿5 Dofftinic Carver D8si McKeown John Arch8r (Tesbwed 31 Marth 20231 SaTah Wames Nic Maxwell Gkn Moore christi￿ Redpath IresMJned 31 March 2023 Dave Walton. Char Ernm8 Dawx Diana Ma Sam Pt(tlw Iwgned 31 Mard) 20231 Gemma Thurston Liz Cornish Joanne Pa*es Lucy Fymn lapw)irted 1 (klob8r 20231 Natal￿ Ja¢ks)n laFVint￿ 1 Octithr 20231 Company rngi$t•rèd numbw 07655788 Charlty rpglstered nurnber 1144809 Re9lSterÈd office South Benflèet Pwimary SthcKJl High Road Benfle81 Essex SS7 SHA Accountants MWS King5ri&Je HIMJse 601 LO￿k￿ Rwl Westdiff.on.Sèa Essex SSOgPE Bankèr8 TSB Bank PLC High Road Benfleel Essex Paoe 1 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2023 The Truslees present their annual repr￿t iogether ￿th the fi￿ar￿181 statements of lie rAynpany for Ihe 1 Seplerter 2022 10 31 August 2023. Th8 Annual r8POrt serwes the purpose5 of a Tru5t8es' rethyt and 8 direc10￿, raport under cornpany law. The Trustees confirm that thÈ Annual report and finantsal statetnents ol tre tharitable Cl￿panY co[n￿Y with tha current statutory raouirèments. thè requirements of the charitsble cornwntys goveming d(Kument a￿1 the rxoiisK)ns al the Statement of R￿0M[nended Practice ISORPI applicable lo chawities preparing their accourts in alLOrdan￿ wth Ihe Finanoal Reporting Standard appkable in the UK and Republic of Iieland IFRS1021 leffecbve 1 Javuary 20191. Oble¢tlve$ and a¢tlvltles Pdlcles and oblectlves The objects of the ccxnpany are to advance the edu¢atKm of wrmls at any relebant sch(d for the benefil ol Ihe publi¢ Ihrou9h the provision of èducational facilities Ou￿raIty and limilatth in parI#￿L¥ kn ttr￿ Èffective and Bffitient provision of educabon whith is exclusively Charitab￿ accorditvJ to English law. The clear objective of the BATIC Trusl remains based Ihe wsNJn of working tr￿ther to cr88t8 a Str{￿g ￿mrnUnity through the vehicle of its Member schools. The Trust continues io seek out additsonal oppyJtunitie5 which enhan￿ schLKA and community life across Ihe BeThfleel 2rea through aotlvely seeklTrJ ftJn(IlrvJ where th)sslble. rnaxlmlslng partrwshlp and share¢ worklng practte and r8spondiry to local neads. In setting objectives and planning for acbvities. Ih? Trustèes have given due ujnskleration to general guidan￿ published by the Charity Commission relating ID public benÈfil Ind￿•79 Ihe guNlarte'PutA* benèfiL" running a ch8rily IPB21'. b. Maln a¢tlvllles undertaken to lurther th¢ company's wrposes forthe publ1¢ benefft and to achleve oblectlves The BATIC Trust coniinues to support the member sclKX)LS Ihrowh c so.ci1￿ both irFschcx)l and remole counselliTh) SeTh￿S th￿￿9h grant fundlng. - A continued focus on SUPFth"ng families in need as we ftN)ve out ofihe paThJeM￿. . A fLKUS ￿ supFK)rtiry 811 staff in s¢hooLs through staff w8ll*ein9 *)d fvnd8d prowJrnmes. - Planning an¢ preparab.on fcrfa return io face ¢0 fa¢e delwy and raisrwj wts. Financial roVi•W . Golng concern After making appropriate enqUir￿S. the Trustees h8ve a reasonab￿ expectation Ihat the company has adequale resources to continue in operational existence for the foreseeable fuiure. For this reason, Ihey continue to adopt the gcmng concem basis in preparing the financial statements. Further details r8gaiding Ihe adoptr)n of the going concwn basi5 can be fvJnd in the 3ccounting OicE5. b. Reseryes poll¢y Finances are reviewed and rnonitored Ihrou9h a finance sub commitlee. linked to the Tft￿l Managernenl Board. Reserves are decreasiThJ over b.me and the Trust is dependant ¢urrenUy on geierabng IrwiE to support Its activities from either grant funding, fundraising (K ¢ontr1t￿￿ns from mernbers. The Tnt51 ￿ntinUeS lo be Sur￿$Sful in granl apt4ications and organising fund raising 8V8nts to 5UPW)rt th8 work. At the year erd the funds of the ch8rit8ble company tOtal￿d £32,83612022.. £42.5391. of Wh￿ £22,07412022.. £25,244) related to r8Strict8d fund5, and £10,76212022. £17,925) to Unrestrict￿ furmts. Structure, yoYeman¢e and Managen￿￿t a. Con$lilutio The Balic Partnership Trust 15 registered as a charttable company lirnited by guarantee and TrKas 5pI up by a MerTroranduwn of Asso¢iatioll on 1210512011 It is a regL$tW￿ pharty. number 1144809_ b. Melbod$ otappoln¢ment or ele￿On of Trus¢ees The managernent of the company is the responsibilly of the Trustees who are ekded and C(￿pted under the krms of the knbcles of Assooation. The governance of the Trust rests with a Board of Dr&iL¥S. Each [￿M￿r$￿￿K)I $ repre*nted on the Board with tsr￿ Diret.i()r ThÈsÈ are Èither thè He￿￿each￿Of thè sd)ool or thÈ Cbair of GDvp.mots Npw DirÈtttrs arp recwiied on need directly thrcwh indiv￿ual sclths and appc*nted by the TrLL%ta(kninistrative secretary. Funds held as custodlan The cc¥npany does not hohl, and d￿S not exp8Ctto hdd. anyknds as custodian. M•mb•rs' Ilabillty The Members of Ihe ￿rnPany guarnntee lo contribute an aft￿￿nt exceeiliry £1 lo Ihe assets of the mnpany in the event of winding up. Paoe 3 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) Statement of Trustees. r8spJnslbllities The Trustees Iwho are aL￿ the directors of the corrpany the PLrposes of company L4wl are respon%ble preparing the Trustees, r8POrt IncluditvJ Ihe SJategic report and the financial stalements in ac(x)nJance wth ap￿Irable law 8nd United lfj'ngdom Ac￿unting Standard5 (United Kingdom Gen8rally A￿￿pIed Aixx)unting PraCli￿). ornpony law requires the Tru$tee¥ tr* prepgre finenc481 ¥t3temenls for eath fingncial . Under company 18w. the Tru$tees musl not 8pprov8 th8 financial sta18m￿t$ unless th85. are Satisf￿ that they giv8 8 In￿ and fair view of the stat8 of affairs of the company and of its incoming resoLrces and application of resour￿5. induding its income and expenditure. lor that period. In preparing these financial statement5, the TtU51ees are reqUi[￿j to.. selecl suitable a¢¢ountiThJ p)Icies and then aprAy u)n*slenlj￿', obs8rw8 th6 [T￿th￿J$ and prinoples olthe Charili85 SQRP IFRS 1021." rnake judgments and aCC￿nting estimales that are-easonable and prudert.. state whether applicable UK Accounting Standa￿$ IFRS 1021 have been fdlowed. subj.ect to any material departures is¢k)sed and tsxplaine(I In Ihe financial statanents," prepare the ￿anCIal staierrEnts on the gLxng concem basis urless IL 15 inapyropriate to pre5urne that the cornpany will tontinuè in business. The Trustees are responsitAe for keeping adequale ￿(x>unting recorth Ihat are suffiaent to show and explain Ihe company's transactions and disclose with reasonaL4e accu[￿ at any time the finawKaal posthon of the company arTrd enaL4e thern lo ensure that the financlal statements compty wllh tre Compan￿$ Aci 2C06. They are aso responslble for saf￿uard1fQ ihe assets of the company and h8nce for taking reasona)le steps f(x th8 pr8VentI￿ a￿1 d8tectK)n of fr3ud arKI 0lh8r lrr8gularit￿5. Approved by cyder ofthe members olthe board of Twstees ￿ 19 Mard) 2024 ané wgned on th￿r behalf by. Dav• Walton Chair Paoe 4 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2023 Indwnd•nt oxamlnofs report lo th• Trust￿$ ofTh• Bay¢ Pathorsh* Trust IYh• ¢ompany'l I r8port to the charity Trusteès on my 8xamirwtion Of￿ actswnts cffilpany lot Year8nd￿ 31 August 2023. ResponsibilltlE5 and basls of report As the Trust8es of 1h8 company laThl ts directors for Ihe Purym￿S 01 cunpany lawl you are responsible for Ihe pr8par8tion of the accounts in acwrdance with Ihe req￿re[r￿ts olthe CoM￿nIeS Act 2006 Ilhe 2006 ACVI. Having satisfied mysdf that the a￿￿xInts of the oympany are ￿)¢ r￿Uired to be audited (nder Part 16 01 the 20)6 Act and are eligitle for independent examination, I r8POrt in respect of My 8x£minatiM of the companls 8CCOUntS Carried out under Section 145 of the Charilies Act 2011 Ilhe 2011 Acl'l. In carrying (yjt my examina11L￿ I have f￿10￿d Ihe Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Indwdènt OX2minÈrfs staèrnent I have cotnpleled my examinab"on. I confiFTh that no mattw5 have c(xne to tny attentw in (￿nectiOn the ex3rnination gibryng tnE cause to believe". accounlin9 recLYds we¢ kept in respect d Ihe c(mpa)y as rty4uir&J by section ￿ of Ihe 21K)6 Act." or the accounts do not ar£ord wlh those records.. or the 8ccounts do not comply with the accounb'TrJ reqJiremerts of sect￿￿ 396 of 2008 Act other than 8ny requirernent th8t th8 8c.rnunt8 gia8 a 8nd fairf vwj Th)t 8 matt8r C￿%￿ler8d 8S P8rt of 8n irylety)nd8nt ex8rnination, or the aCCDunts hava noi been prepared in 2ctordancÈ with Ihp rneiws printiples of the StatemÈnl of Recomrf￿ndQd Practice for arLounting and reporting by charities lappIr￿￿ to charities preparing their att￿ntS in a¢cordan¢e with the Financial Reporting Standard appI￿a￿e in the UK Repu￿￿ of IreL8nd IFRS 10211. I have no cOn￿M5 and have coyne across no other matter5 in Cont￿(￿n wf(h the exatnnation lo which attention should be drawn in this report in order to enable a proper utKJer*nding ol the ac(J)unts to be teached. This report is mad8 solely to the cornpanls Trustees. as a trthy, in arm￿anCe Wth p￿ 4 of thè Ch￿tIeS (Accounts and Reports) Regulati(￿5 2008. My work has been underlaken so that I mvJht state lo the ￿rnpanIS Trustees Ihose rnatters l am required lo state to them In an Independent examiner's repcyt and for Ot￿r purpose. To tr)e fullest exteni pemiitted by law. I do not a¢￿pt c¥ assume r8spon￿bIlity to 8nyone otherthan the company armj the (xKnpanYs Trustee5 as a boKty. for my wuk or f(￿ this report. Signed.. Dated.. Jonathan Gorridge FCA MWS Charte￿d A¢0￿ntants ICAEW Kingsridge Hous8 601 L￿don Road Westcliff-on-sea Essex SSO 9PE Paoe 5 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) STATEMENT OF FINANCIALACTMTIES IINCORPORAMNG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023 Total fur7d5 2023 Total lunds 2022 fvnds Reslrict8d furTrd5 2023 Income from= Donations and I￿aC￿5 1500 31.190 33.69 32, 700 Total income Expendliure on". Ch8ritgtA8 8Ctwwthe5 1500 31.190 33.69LI 32, 700 &916 34J60 43.276 38,016 Total expendlture 8.916 34J60 43,276 38.076 Net movemert Sn lunds 18.4161 13.1701 19.5861 (5,-7761 Reconciliation otfunds: Tot81 lunds broughl forward Net movement in fundg 17.178 25244 42.422 47, 738 1&4161 13,1701 19,5861 (5.376) Total funds carried forward 10.762 22.074 32.836 42,422 The Statemenl of finanoal ￿tiV￿"eS indudes all gains and losses rwnised in the year. The notes on pages 8 to 17 form rA3rt of Ihese ffinarK4al statements. Paoe 6 THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel REGISTEREO NUMBER= 07655788 BALANCE SHE AS AT 31 AUGUST 2023 2023 2022 Curr•nt ass•ts Cash at bank and in hand 33.933 49.808 33,933 49,808 Creditcrs.. amounts falling due within on8 year 10 11.Q971 (7,386J Net current assots 32,836 42,422 Totsl assets less Cu￿ent lI￿lI1￿e$ 32,8 42,4?2 Nel asset5 exduding pension a558t 32.836 42.422 Tolal not as$•ts 32,836 42.422 Charity funds Restricted funds 22,074 10.762 25.244 Unrestricled funds 17,ITII Total funds 32.836 42,422 The ¢(mpany was ants.ued to eXètnpt¥Jn frown audrt ￿K18T 477 01 Iht C£¥npani8s Act 2(KJ6. The rnembers have not reQUi￿j the rfjmpany io obtsin an audit for the year in q￿tiOn in accordance with seclion 476 of Companies Ad 2006. The Trustees acknowledge their resron￿bIlitieS complw.ng wilh the requirements of th2 Act with reS￿cl to accountiro records and preparation of financial stalements. The financi81 statements have been prepared in accordall￿ with Ihe rxowi&on5 apPI￿atrAe to entit￿S subject to the srnall cotnpanies regitne. The financial statemenls We￿ approved and aUthori￿j fL¥ tssue by Ihe Truskes on 19 March 2024 and signed on their behalf by.. Dave Walton Chair The notes on pa9es 8 to 17 form part ofthese ffinarmial staten*nts. Paoe 7 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 General information The BatL Partnership Trust is a cornpany limiied by guarantee and registered in England. Its registe￿0 Offi￿ is South Benlw Primary S¢lKKI. High Road. Penknt. Essex. SS7 SHA Accounting PDlicies 2.1 Basi5 01 prepardtlon of flnanclal staternents The finaicial 5tsternpnts have been prepared in accordan￿ with Ihe Charit￿5 SORP IFRS 1021- Arcounling and Re￿rtIn9 by Ch2nties'. Ststement cl Reccthmended Pr￿tiCe aJpl1c2b￿ to charities preparing th*r accounts in cord8nce with the Finanrial Reporbng Stardard ap￿￿ats1e in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151, the Firon¢kg1 Reporb"ng StaThJ¥d applicable in the VK and Republi¢ of I￿land IFRS 1021 and the Companies Act 2006. The Bali¢ P8thership Trust megtS the definthn ola puljic gntity under FRS 102. As59ts and liabillie5 are initi8lly r8cognis8d al historicAI cost or valu8 unless 01he￿￿ st8t8d in lh8 re18V8nt accounting policy. 2.2 Golng concern There are w¥) rnat￿la1 uncertairrties abtsJt the thawitys akn.lty ￿ Continue. 2.3 Income All Incorno is re￿nised once tho conyny has entiUÈment lo the iw)me. il is [￿obabl￿ that the intome will bÈ received and the amountol I￿rne recÉivatAe can be measured reliabty. Granis are indLKJed In Ihe si*emeni of finantial acJvllles on a re￿1¥abl& basis. Th& balance of Incom8 rec8iv8d for specffic purposes but not expended during the ￿n(x1 is showry in the relevant fund5 on the Balance sheet. Where income is received in advance of entidernent of receipt, its recogn￿c￿ is deferred included in creditors 8s defeffed incorne. Vther8 8ntiU8riwt occurs b8fw IrKorne is rw3ived. the inc(MDe is awL*d. Othef incoyne is iecogni5etJ in ts pet¥yJ in rt k% rece￿aLle a￿1 to the exlent Ihe goL¥J5 have been provided or on Dtnpleb'un Df ￿ Se￿ice. 2.4 Expendibjre Expenditure is recognised ￿¢É Ihere is a Wl ￿ COrtstr￿Sive rtA￿atiOn lo IranSferec0￿rnlc benefrt to 8 third party, it is prob8ble that a tr8nsfer Df economic benefts wll be required in sett￿ent and the amount of the oNigation can be measur&1 reliably. Expenditure is dasSIf￿ by activity. The o)sts of each acbvity are made up of Ihe total of dirgcl costs and shared costs. including su￿p￿ costs invoved in undertaking exh actiwly. Direct cosls attribU1at￿e to a single activily are allocated directly to thal activty. Shared costs contribute to TTM)re than i)ne activity a￿1 support costs which are rK)t artributatAe lo a single aclivty a-e apportioned between ihose 3ctivthe5 on a ba5V6 con5￿te￿t wilh the use of re%)urce5. Central staff costs *e alkmxted on the ba￿8 of IJ"rr* spent. a￿1 depreciAt￿ charges allocaied on the porbon of the a5set'5 use. Paoe 8 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 A¢¢ountlng wll¢*s Iconllnu•d 2.4 Expenditure Iconlinuedl Expondilure on charit2blÈ activities i8 inthrred ￿ directty undertakin9 the acliviiiès which futlher the company's objectives, as well as any associated suppc*t costs. Support rx)sts w8 th￿ costs In￿rred diredly in suppJrt of eynditsjre on the objects of th8 company and indud8 project management carr￿d at Headquarters. Governantr costs are th￿e incurred in connection administration of the company and cLKnpliance wth COWb5titutional and slalutory requrements. 18XP8nditure is inclusbv8 of lrre(x)v8rd￿8 VAT. 2.5 Cash at bank aNI in hand Cash al bank and in hand indLvJes cash aThY short-term hKJhly liquid investments wth a short matLrrity of three months or less from the dale of a¢qutsition or rwing of the derAJgt or simiL2r a¢cwnL 2.6 Liabiliti•s and provisions Liabilities are recognisal when Ihere i& an obw.on at the BaLar￿ sheet date as a result ol a past event, il is probable that a transf•r of economic benofft wll b8 required n 58tlkngnt. 8nd Ihe arnount of thg 5e1dernent ¢3n bo estirnaled Liabilities are recognised at the atnoutbt Ihat the cornpany anbopates it Wil pay to settle the debt 01 the arnount it hEs rBcgiYed a5 advanced payTnent5 for the go(xls or 5ervKBs rt rrust prowdg. Provis￿￿$ a￿ measured at Ihe test estrmate of Ihe amunts required to seme the (i)Ilgation. Where the effect of the tlme Val￿ of m(A￿Y Is matenal. Iho provrsion is based on the present value of those an￿UnIS. discounted 81 Ihe p￿-taX discounl rale that renecls the ritsks speific to the Ikatilty. The of the discounl is recognised in fv Statement of financial aciivities as a finance co*. 2.7 Flnanclal Instruments The company only has finanual assets and fina￿181 li8bilrt￿8 of a kind Ihat qualify as basic financi81 instruments. Basic financi81 instruments are inttrally recognised at transacti(￿ value and subsequently Measured at their settlement value with the exception of bank I(￿nS which are sut.sequerfy Theasured a: atnorti5ed cost Usiwig the efferthve inleiest method. 2.8 Fund accounting General funds 2re un￿[r￿ed funds which We avaikiAe loi use at the 111x￿tIon ol the Trustee$ in futherance ol the general objedives ofthe ￿MpanY and have no.. been des￿nated for (ther purposes. Reslriclgj fuThls arè funds whid) a￿ to be used in accordan￿ with spÈtific restridions imposèd by donors or 4Yhich have en raised by Ihe C￿panY tor partrular purposes. The costs of raising and administenng such funds are charged ainst the speafic The aim ond use of eath re¥JKW is set out in the ncles to the financial statements. Investment income, gains arml kNsses &e all(Kxied to the apwpriaiefund. Paoe 9 THE BATIC PARTNERSHIP TRUST IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 In¢ome from donalion$ and legacies Llnre51ricted funds 2023 Restricted funds 202J Tota fund 202 Donaticffts 2.5(K) 28,940 31.440 2.250 Grants 2.250 Total 2023 2,500 31.190 33.690 Umpsthcte