Reglstered number- 07655788 Charity number: 1144809 THE BATIC PARTNERSHIP TRUST (A company limiled by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
THE BATIC PARTNERSHIP TRUST IA company limited by guarantee) CONTENTS Page Reference and admlnlstratlve detsSls of the company* Ils Trustees and advlsers Truslees, report Independent examiner's report Statement of financial activbties Balance Sheet Noles to the finan¢Sal ststements 8-17
THE BATIC PARTNERSHIP TRUST IA ¢ompany Ilmlled by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2024 Truslees Dominic Carver Desi McKeown (resigned 10 Septgmber 20241 Sarah Wame5 (resigned 10 September 2D241 Nic Maxwell (resigned 10 S8ptember 20241 Glenn Moore Dave Walton (resigned 10 September 20241 Emma Dawson (resigned 10 September 2024) Diana Mason Isigned 10 September 20241 Gemma Thurgton Liz Cornish (resigned 10 September 20241 Joanne Park8s Ir8sign8d 10 S8pl8rnber 20241 Lucy Fynn (resigned 10 Sepl8rnber 20241 N8tali8 Jack50n {r8signed 10 September 20241 Company rggi$tered number 07655788 Charlty r•glstsrad numb•r 1144809 Registered off ice South Benlleet Primary School High Road Benfleel Ess8X SS7 SHA Accountant8 MWS Kingsridge House 601 London Road Weslcliff-on-sea Essex SSO 9PE Bank8rs Metro Bank G19-G21 Victoria Busin8ss Centre Soulhend On Sea Essex SS1 2NG
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present their annual report together with the financial statements of the company for the 1 September 2023 10 31 August 2024. The Annual report Setves the purposes of ly)th a Trustees. report and a directors, report under company law. The Trustees confirm that thè Annu21 report and financial slalemenls of tho charitable company comply with the current statutory raquiremenls, thè requirements of the charitable cornpany's governing document and the provisions of the Slalement of Recommended Practice ISORP) applicable to tharilies preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS1021 leff8Ctive 1 J8llu8ry 20191- Oblectlves and actlvltles a. Policiè6 and objeclives The object5 of the company are lo advanc8 the 8ducalion of pupils at any relevant school for the benefit of the public Ihrou9h th8 provision of educational facilities gtsnerally and without limitation in particular for th& 8ff8cliv@ and 8ffici8nl provision of education which is exclusively charitable according to English law. The cl8ar objective of the BATIC Trust remains basad around the vision of working together lo cr88le a strong community through th8 vehicle of ils member schools. The Trust continues lo seek out additional opportunities which enhance school and community life across the Benneel area Ihrougm actlvely seeklng fvndlng where posslble. maxlmlslng pannershlp and shared worklng pracllce an(J responding lo local ne8ds. In selling Dbjeclives and planning for aclivilies, thè Trustees have given due consideration to general guidance published by the Charity Commission relating lo public b8nefil. including the guidance 'Public benefit.. running a charity IP821'. b. Maln actlvltles undertaken to further the company's purposes lor the publlc beneflt and to achleve oble¢llve$ The BATIC Trust continues to support the member schools through co-ordinating and providlng services which are not necessarily covered through the sl8lulory role of schools. Examples of how the Trust works to achleve Its objectives include: Headleacher focused discussions around common challeng95 in schools and the community which the Trust can attgmpt to help to rectify. This year a conlinued main function of the Trust has been lo co-ordinale a local counselling Servi for families through schools, including intervention projects and small group work. The Trust also plays a major role in supporting the health and well-being of staff in schoo15 through a physical activity plan and ulilising funding to provide support. The Batsc Trust received 8 grant for £15,000 lo be spent over two year5 through the Public Health Accelerator bid IPHA81 which sils within Essex County Council Health leam. The bid ivill enable to Trusl to scale up provision for counselling support for children. young people and staff across the 15 schools, This will include the develcpmeni of sustainable look kits and resources to help schools longer term a5 well as additional dedicated hours from the counselling team in viot*ing with the most vulnerable people within th8 area. A ftjller valuation of this proj8Ct will be eondueled on ils completion in December 2025. The Trustees have complied with the duly In secllon 17{51 of 2011 Charities Act to have due regard lo guSdance published by the Charity Cornmission li.e. th8 public b9n9fit stat9mgnll- Strate9lc report Achievements and performance
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel Achlevements and performance Icontlnuedl a. Revlew of actlvltle5 and maln achlevemènts The main achievements of the Batic Trust over the last 12 months include= Retaining A slriipturFJ tn SAeLirp hnth in-%phonl and rpmnlp rn(Inselling qAtvirp.s thro(Igh mAmber sr.hnol8 awl gr8nl flinding. A continued focus on supporting families most in need as we move out of the pandemic. A fi)cus on supporting all staff in schools through staff wg11.bging and activity fund8d programmes. Planning and preparation foi a return to face to face delivery and fund raising evenls. Financial review Golng ¢on¢ern After making appropriate enquiries. the Trustees have a reasonable expectation that the company has adequate resources lo cc)ntinue In operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing ihe financial sl8tem8nls. Further detsils regarding the 8(Joplion of the going concern basis can b8 found in the 80oounting policies. b. Res•rv•8 poIIcy Finances arè reviewed regularly by the Trust Management Board. Reserves are decreasing over lime and the Trust is dependanl currently on generating income to support ils aclivilie5 from either grant fvnding, fundraising or contributions from members, The Trust continugs to be succgsslul in grant applications and organising fund raising evenlg 10 gUPW)rt the work. The Trust is commllled lo malnlainlng 8 reserves pollcy that ensures financial stability and the ability lo meet fSnan¢i81 comitments 8S they full due. Al the year end the funds of the Cheritable company totalled £30,61012023'. £32,838), of which £28,46412023.' £22,074) related to reslriclèd funds, and £2,14612023. £10,762) lo nstrIcted funds. Slructure, governance and management a. Con$tilution The Batic Partnership Trust is regisl8red as a charitable company limited by guarantee and was set up by a Memorandum of Association on 1210512011.11 is a registered charity, number 1144809. b. Method$ of appointment or election of Tru$lees The management of Ihe company is the responsibiif(y of the Trustees who are elected and co-opted under Ihe terms of the Articles of Assoc.ialion The governance of the Trust rests wilh a Board of Directors. Each member school is represented on the Board with one Dirèctor. Th8&9 ar8 <hgr thg H8adlgacher of Ihg school or the Chair of Gov9rnors. Now Dirgclors are recruited on need directly through individual schools and appointed by the Trust administrative secretary. Funds held as custodian The wmpany doe5 not hold, and does not expect lo hold, any fLJnds a5 CU51gdian.
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel Members. Ilablllly The Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up. Statèment of Trust•ès' rèsponsibilitios The Trustegs (who are also the directors of the company for the purposes of company lawl are responsible for preparing the Trustees, report Including the Strategic report and the financial slalements in accordance with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Practi1. Company law requires the Trustees lo prepare financial statements for each financial . Under company law, the Truslees musl not approve the financial statemen15 unless they are satisfied that they give a true and fair view of the slate of affairs of the company and nf 114 inrnming ra8niirrAs applip.alinn i)f rA8cJurrAS, inr.luding itq ine,nma fixpfindiliirg, fnr that pArind In prfiparing Ihfi.s financial slalements, the Trustees are required to.. S81ecl suitable accounting policies and Ih8n apply them consist8nlly', observe the rnelhods and principles of the Charities SORP IFRS 102)., make judgments and accounting eslimales that are reasonable and prudent., slate whether 8pplicoble UK Accounting Standards IFRS 1021 havg b89n followed, subject lo any m8t8rial d8partur8S disclosed 8nd 8xpl8ined in the fin8ncial slalemenls., pr8pare th8 financial statements on Ihe going concern ba518 unless it is in8ppropriat8 to prgsurne th81 the company will continue In business. The Trustees are responslbl8 for keèpSng adequate accounllng records that are sufflcient to show and 6xpl8ln Ihe company's Iransaelions and disclos8 with r8asonabl8 accuracy al any lim8 th8 financial posilion of th8 company and 8nabl8 Ih8m lo 8nsur8 that the financial statements comply with the Companies Acl 2006, They are also responsible for safeguarding the assets of the company and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by crter of the mernbers of the board of Trustees on 18 March 2025 and signed on their behalf by.. Gemma Thurston Chair
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Independent examlner's report to the Trustees of The Batlc Partnershlp Trust Ilhe company'l I reF)orl lo th8 charity Trustees on my examination of the accounls of th8 company For the year ended 31 August 2024. Responslbllltles and ba815 of report As the Trustees of the company land ils directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'lhe 2006 Acl'l. Having satlgfied myself that the accounls of the company are not required lo be audited under Part 16 d ihe 2006 Act and are eligible for indgpendent examination, I r8POrt in respect of my 8xaminalion of the company's accounts carried out und8r section 145 of th8 Charities Act 2011 I'lhe 2011 Acl'}. In carrying out my examinalic*) I have followed the Directions given by the Charity Commission under secllon 14515llbl of the 2011 Act. Independènt oxaminar's slal8m8nt I have completed my &xamin8lion. I confirrn that no matters have corn8 to my allgnlion in connection with th8 8x8rninalion giving rn8 Cause lo believe.. accounting records were not kept in respect ol the company as re9uired by section 386 of the 2006 Act,. or the accounts do not accord with those records: or the accounts do nol comply with the accounting requlremenls of section 396 of the 2006 Act other than any requlremenl Ihal IhA 8pr,rJiinls glve 8 'triJe and fel view whlc.h Is not a m8tt8r consld8r8d as part of an independent eKamin8llon.' or the accounts have not been prepared in accordance with the methods and principles of the Sla18m8nl of Recommended Practice for accounting and reporting by charities lapplicable to charilles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aThY Republic of Ireland IFRS 10211, I have no concerns and have come across no other matters In connecllon wllh the examination lo whlch allenllon should be dffjwn In this report In order to enable 8 proper understsnding of the accounts lo b8 reached. This report is mad9 solely to the cornpany'5 Trustees, a5 a body, in accordance with Part 4 of the Charit19s IAccounls and Reports) Regulations 2008. My work has been underlaken so Lhat I might stale lo the company's Trustees those mallers l am required lo slate lo them in an Independent examiner's report and lor no other purpose. To the fullest extent permitted by law, I do nol aocepl or assume responslbllily lo anyone other than the company and the company's Trustees as a body. for my work or for this report, Signed.. Dated.. 18 March 2025 Jonathan Gorridge FCA MWS Chartered Accountants ICAEW Kingsridge House 601 London Road Weslcliff-on-sea Essèx sso gpE
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2024 Unrestrlcted funds Restricted funds 2024 2024 Total funds 2024 Total funds 2023 Not• Incomè from.. Donations and legacies 39.000 39,000 33,690 Total income Expendllure on: 39,000 39,000 33,690 Charitable aclivi118S 8,371 32.610 40.981 43,276 Total expondlturo 8.371 32.610 40.981 43,276 N61 movement In funds (8,3711 8.390 11.9811 (9,.586) Rèconciliation of funds: Total funds brought forward Nel movemenl in funds 10,762 18,3711 22,074 32,836 11,9811 42,422 6,390 (9,586) Total funds c8rrl•d fonvard 2,391 28,464 30,855 32,836 The Slalemenl of financlal aciivlties includes all galns and losses recognlsed In the year. The notes on pages 8 10 17 form part of th888 financial slalemenls,
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel REGISTERED NUMBER: 07655788 BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Note Cuffent assèts Cash at bank and in hand 32.469 33,933 32,469 33,933 Creditors.. amounts falling due within one year 10 {1.6141 (1,097) N•1 currènt ass•ts 30,855 32,836 Total assets less current Ilabllltles 30,855 32,836 Nel assets excluding p8nsiDn asset 30,855 32,836 Total net assèts 30,855 32,836 Charity fund8 Restricted funds 28,464 2,391 22,074 Unreslricled funds 1U,T62 Total lunds 30,855 32,836 The company was enlilled 10 8x8mplion from audit under section 477 of the Companies Act 2006. The members have nol requlred the company lo oblain an audSt for the year In questlon In accordance wlth secllon 476 of Cornpanles Act 2006. The Trustees acknowledge their responsibilities for Complying wilh the requirements of the Act wth respect to aOUntIng records and preparation of financial slalements. The financial slalements have been prepared in accordance with the provisions applicable lo entities subject to the small cornpani8S regime. The financial slalemenls were approved and authorised for issue by the Trustees on 18 March 2025 and signed on their behalf by.. Gornma Thur$ton Chair The notes on pages 8 to 17 form part of these financial sialemenls.
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 General inforrnation The Balic Partnership Trust is a company limited by guarantee and registered in England. Its registered Offi is South Bgnfleel Primary S¢hoc4, High R08d, Benfleet, Essex, SS7 SHA. Accounting pDlicies 2.1 Basls of preparatlon of flnan¢lal statements The flnanclal slalemenls have be8n prepared in accordance with the Ch8ri1ies SORP IFRS 102} - Accounting and Reporting by Charities., Statement of Recommended Practice applicable to charities preparing their accounts in
rdance with the Financial Reporting Standard applicabl8 in Ihe UK and Republic of Ireland IFRS 1021 leffecliv8 1 January 20151. the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and th8 Companies Act 2006. The Batle Partnershlp Trust meets the definlllon of a publlc benefll entity unéer FRS 102. Assets and liabilllles are Inlllally rgcognisgd al historical cost or Iran$¥clion valu8 un18SS Oth8rwi88 $l*ed in the relevant a¢¢ounling policy. 2.2 Golng concern There are no material uncertainties about the ¢harily's ability ID Continue, 2.3 Income All incorne is recognised once the company has enlillement lo the income. il is probable that the ineome will be reeeived and the amount of income receivable can be measured reliabty. Granis are Included In the Staièmeni ol flnanclal aciivlllgs on a recelvable basls. The balance of Incomg recolved for specific purposes but not expended during the period is Shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlemenl of receipt, its rewgnition is deferred and in¢luded in creditors as deferred income. Where entitlement occurs before income is received, th8 income is accrued. Other income is recognised in the period in which il is receivable and to the extent the goods have been provided or on completion of the service. 2.4 Expenditure Expenditure is recognised once there is a leg81 or constructive obligation lo transfer economic benefit to a third party, it is probable that 8 transfer of economic benefits will be required in selllement and the amount of the obligation can be mga5ur8d reliably. Expenditure is classified by activity. The Ix)sts of e8ch activity are mad8 up of thg totsl of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly lo that aclivity. Shared costs whh contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned between those aclivrtie5 on a basis con51slent with the use of resources. Central staff costs are alloeAled on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use.
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles Icontlnued) 2.4 Expenditure (continued Expenditure on charitable aclivit18s is incurred on directly und8rtaking th8 activities which further lh8 company's objectives, as well as any associated support costs. Support Costs arg tho59 C05t5 incurred directly in support of expenditure Dn th8 objec15 of the company and include project management carried out at Headquartèrs. Governance costs are those incurred ir) connection with adminislralion of the company and cornpliance with constitutional and statutory requirements. All expenditure is inclusive of Irrecov8rable VAT. 2.5 Cash at bank and In hand Cash al bank and in hand incleS cash and shorl-temi highly liquid investrnents with 8 short malurily of three months or 1955 frorn the da19 of acquisition or opening of th8 dgPOSIt or similar account. 2.6 Liabilitiès and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, il is probable Ihal 8 Iransfgr of economic benefit wlll be requirgd in Sglllemenl. snd the amount of the settlement C8n be oslimated reliably. Liabilities are recognised al the amount that the cornpany anlicipales il will pay lo settle the debt or the amount it has roceived os gdvanced Payrnenls for tho goods or servicgs It musl provide, Provislons are measured at the best estlmate of the amounts required lo setle the obllgatlon. Where the effect of the Ilme value of money is material, the provision is b85ed on the present value of th058 amounls, discounted al the pre-tax discount rate that reflects the risks specific lo the liability, The unwinéing of the discounl is r?cogni8ed in the Statement of financial activities as a finance ¢osl. 2.7 Flnan¢lal Instruments Th8 company only has financlal assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instrumen15 are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.8 Fund accounting General funds are unreslricled funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have noi been éesignaled for other purposes. Restrict] funds are funds which are lo be used in accordancè wilh specific reslrlclions imposed by donors or which have been raised by the company lor particular purposes. The costs of raising and adminislering swh funds are charged Jainsl the specific fijnd. The aim and use of each restricted fund is get out in the notes lo the financial statements. Investment income, gains and losses are allocated to the appfopriate fund.
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Income from donalions and legacies Unrestrlcted funds 2024 Reslrlcted funds 2024 Total funds 2024 Donations 24,QOO 24,000 Granls 15.000 15,000 Total 2024 39,000 39,000 Unr8StriGled funds 2023 Restricted funds 2023 Total funds Donaticns 2, 5cXI 28,g40 2,250 31,440 2,250 Grants 2,5QO 37,790 33,690 Income from donations and grant$ l¢haril4blo a¢tivitie$l 2024 2023 other income 2.000 Speech+ langua96 Counsdling PHAB 24,QOO 15,000 24,000 Find your active 6, 700 39.000 32, 700 Analysls of expendlture on charltable actlvltles Summary by fund type Unr•strlct8 funds 2024 R8sirlct•d funds 2024 Total 2024 Charitable activities 8.371 32,610 40,981 Paqe 10
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analy515 of expenditure on charitable artivities (¢onlinued Summary by fund type {continuedl Unrestricted funds 2023 Restricted funds 2023 Tola, Charitable activities 8,916 34,360 43,276 Analysis of expenditure by activitigs A¢tlvllles und•rtak•n directly Support costs 2024 2024 Total funds 2024 Charitable activities 32.610 8,371 40,981 Acllvlllgs undgrtaken directly Support costs 2023 2023 Totsl funds Charitable activities 34,360 8,916 43.276 Analysls of dlrect costs Total funds 2024 Actlvltles 2024 Grant expenditure 32,610 32,610 Paqe11
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analy515 of expenditure by activities {¢ontinuedl Analysis of direct costs (continued) Total funds 2023 Aclivities 2023 Grant expenditure 34,360 34,360 Analysls of support costs Total funds 2024 A¢tivitie$ 2024 Staff costs 7,414 7,414 202 G8nsral oxpèndilure Govemance costs - accounlancy fees 202 755 755 Total 2024 8.371 8,371 Total funds 2023 Activilies 2023 Staff costs 6, 80Q 836 6,800 836 General expendllure Adrninislralion costs 428 428 Govemanee costs 852 852 Total 2023 8,916 8,916 Ind8p8ndent oxaminer's remuneration 2024 2023 Fees p8y8ble lo the comp8ny's independent examiner for the independent ex8min8tion of the company's annual accounts 1,000 852 Paqe 12
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Slaff costs 2024 2023 Wages and salaries 7,414 6,800 7,414 6,800 Thg averag8 number of person5 employed by the company during the year wa5 as Follows.. 2024 No. 2023 Seconded staff No employee received remun8ralion amounting lo more than £60,000 In either year. There were no key personnel who rec9ived any remuneration during th8 year. Trusto¢s' romunèration and èxpensès During the year, no Truslees received any remuneration or other beThefils (2023- £NIL). During the year ended 31 August 2024. no TnJst88 expenses have been Incurred (2023- £NIL)- 10. Credltors.. Amounts falllng due wlthln one year 2024 2023 Accruals and deferred income 1,614 1,097 Income of £nil12023.' £nil) relating lo income received in advanced of enlillement has been d8f8rr8d. Paqe 13
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11. Statement of funds ststemant of funds- currenl year Balance at 1 September 2023 Balance at 31 August 2024 Income Expendlture Unrestrlcted funds General Funds- all funds 10,762 18,3711 2,391 Rèstrietod funds Counsdlin9 Family proj8cI Supportlng vulnerable famllies Public health funding M9ntal h8allhlwgllb9ing Flnd your active PHAB 5,728 1,289 24,000 125,9171 3,811 1,289 3,824 2.000 3,824 2,000 6.973 2,260 11,9291 {5401 14.2241 5,044 1,720 10,776 15,000 22,074 39,000 132,e101 28,464 Total of funds 32.838 39,000 140.9811 30,855 Unreslricled funds are donations and other income rec8ived for the general workings of the charity and do not have any reslriclions upon them other than to spend them in accordance with the charity's objects, Restrictsd fundg are donallons or grants made wllh a speclll¢ proje or purpose in mind. Paqe 14
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11. ststement of funds {continuedl Statament of funds - prlor year 8818nc& 8t 1 Seplen7ber 2022 Balance at Expenditur8 31 August 2023 Income Unrestri¢tod funds G8n&ral Fund 17,778 2, SCIO {8,916J 10,762 Restricted funds Coun5dling Family projed Supporting vulngrablg families Public health funding Mental healthlwellbeing Find your active 6,821 24, OCIO 4, 940 (25,093) (3,es1) (846J 5, 728 1,289 3,824 4,670 2,000 2.000 9,493 2,260 2,250 (4, 770) 6,973 2,260 25,244 31,190 {34,S60) 22,074 Total offunds 42,422 33,690 {43,276) 32.836 12. Summary of funds Summary of funds- current year Balanco at 1 September 2023 Balance at 31 August 2024 Income Expenditure General funds 10,762 22.074 18,3711 132.6101 2,391 28,464 Restrictsd funds 39,000 32,836 39,000 140,9811 30,855 Paqe 15
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 12. Summary of funds {conlinued Summary of funds. prior year BalanGe at 1 S@plemb8r 2022 Balance at Expenditure 31 August 2023 Income G8neral funds 17,778 2, 5LIO {8,916) (34,360) 1Q,762 R88trictsd fund& 25,244 31,190 22,074 42,422 33,690 (43,276) 32,836 13. Analysls of n•t agS•ts botween funds Analysls of nel assets between funds - current perlod Unr•strlct•d funds 2024 R•slrfct•d funds 2024 Total funds 2024 Curr8nt ass8ts 4,005 28,464 32,469 {1,614) Creditors due within one year {1.6141 Total 2,391 28,464 30,855 Analysls of nel assets between funds - prlor perlod Unres¢ricled funds 2023 Restricted runds 2023 Tolal funds Current assets 11,859 (1,0971 22,074 33, 933 (I,og7) Creditors due wilhin one year Total 10,762 22,074 32,836 14. Transfers between funds There were no transfers betr4een funds dunng the year Paqe 16
THE BATIC PARTNERSHIP TRUST IA company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 15. Members. liability Each member of the charitable company undertakes to contribute lo the assets of the company in the event of it being wound up while helshe is a member. or within one year after helshe ceases lo be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before helshe ceases to be a member. 16. Rèlatgd party transactions During the year the following arms lerKJth related pamy Iran8action8 look place where disclosure is required.. The De8n8$ School, ol which Trustee Desl McKeown is a Headteacher. Expendilure £7,340 12023.. £12,110) Includes the repayment of salary eosls incurred by the Trust of £6.80012023= £6,800) South 88nfle81 Prlmary School, of whth Trustee Oomlnlc C8rv8r Is H8adteacher. Trustee, Member and Dlreclor. Expenditure £2,123 {2023.' £1,070). In¢lude$ accountancy fees reimbursed of £12023 £6421. admin salary costs of £614 12023 £428 and other expenditure of £1,50912023 £nil} Al the year end there were no arnounts owing lo or from any related partl8S. Page 17
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