OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-10-31-accounts

1

The Po lar Partnershi p p

(A company limited by guarantee) Report and Financial Statements For the Year Ended 31 October 2020 Charity number 1145513 Com an number 7800008 p y

2

Table of Contents

Legal and Administrative Information ............ 3 Management Committee ................................ 4 Our Aims and objectives .................................. 5 The focus of our work ........................................ 6 Education Projects. ............................................ 7 Financial Review………………………………19 Governance and Management………..…..21

3

Legal and Administrative Information

31 October 2020 Balance Sheet

Notes forming part of the financial statements

The Poplar Partnership

Report of the Management Committee for the year ended 31 October 2020

The Management Committee presents its directors’ report and audited financial statements for the year 31 October 2020 ended

Reference and Administrative Information

Charity Name: The Poplar Partnership

Charity registration number: 1145513

Company registration number: 7800008

Registered Office and

Operational address:

The Poplar Partnership

C/O Bygrove Primary School

Bygrove Street

London

E14 6DN

4

Management Committee

Mr Jeremy Iver

Ms Joanna Franklin (chair)

Ms Dee Bleach

Mrs Fanoula Smith

Mr Nicholas Hague (Resigned 31/1/2020)

Paul Jackson

Ms Tracy Argent

Mr Martin Grant

Owen O’Regan

Delivery Team

Mr Mark Causton - Business Manager

Accountants -Butler & Co LLP Chartered Accountants

Bankers – HSBC Canary Wharf

Website: www.thepoplarpartnership.org.uk

Our Aims and objectives

5

Purposes and Aims

Tower Hamlets has the highest rate of child poverty in London. It is the second most deprived borough in London and is the third most deprived borough nationally. Particular issues that Tower Hamlets faces include high levels of unemployment, disadvantage in income, health, housing and crime as well as recording one of the highest population densities in London.

Poplar is one of the most deprived areas within Tower Hamlets.

The Poplar Partnership is small charity set up to try and tackle these problems at their root, by helping fund and support early intervention projects within our community.

Our charity’s purposes as set out in the objects contained in the company’s memorandum of Association are to:

TO FURTHER SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC IN TOWER HAMLETS AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN PARTICULAR BUT NOT LIMITED TO:

(A)ADVANCING EDUCATION AND TRAINING;

(B)PROMOTING CIVIC RESPONSIBILITY AND GOOD CITIZENSHIP;

(C)ADVANCING COMMUNITY PARTICIPATION IN HEALTHY RECREATION;

(D) PROMOTING RACIAL HARMONY;

(E)PROMOTING AND PRESERVING GOOD HEALTH;

(F)PROVIDING OR ASSISTING IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;

(G)ADVANCING IN LIFE AND RELIEVING THE NEEDS OF YOUNG PEOPLE THROUGH THE PROVISION OF SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS; AND BY (H) PROMOTING THE SOCIAL INCLUSION OF CHILDREN AND YOUNG PEOPLE BY PREVENTING THEM FROM BECOMING SOCIALLY EXCLUDED FROM SOCIETY, OR PART OF SOCIETY, AS A RESULT OF THEIR YOUTH AND/OR BEING A MEMBER OF A SOCIALLY AND ECONOMICALLY DEPRIVED COMMUNITY.

6

The focus of our work

Our main objectives for the year continued to be our core message on Early Intervention

Early Intervention is an approach, which offers our area a real opportunity to make lasting improvements in the lives of our children, to forestall many persistent social problems and end their transmission from one generation to the next, and to make long-term savings in public spending. It covers a range of tried and tested policies for the first three years of children’s lives to give them the essential social and emotional security they need for the rest of their lives. It also includes a range of well-established policies for when they are older which leave children ready to face the challenges of each stage of childhood and of passage into adulthood – especially the challenge of becoming good parents to their own children. Graham Allen Report In spite of its merits, which have achieved increasing recognition by national and local government and the voluntary sector, the provision of successful evidence-based Early Intervention programmes remains persistently patchy and dogged by institutional and financial obstacles. In consequence, there remains an overwhelming bias in favour of existing policies of late intervention at a time when social problems are well-entrenched – even though these policies are known to be expensive and of limited success. Strong leadership by all political parties is required to overcome this bias and achieve a cultural shift to Early Intervention. A move to successful Early Intervention requires new thinking about the relationship between central government and local providers. It also needs authoritative evidence about which forms of Early Intervention are most successful, and about their impact.

COVID 19 Pandemic:

Change of Focus and Partnership Working

We have had to react quickly to the changing needs of our community and alongside our partners both locally and nationally, we have focused our energies on the supply of food packs to vulnerable families and education support to children and families receiving free school meals. The impact of the pandemic on our organisation has been dramatic, but we have managed to support 400 + families per week since the Covid outbreak and have supplied the equivalent of over 82,000 meals so far from March 2020, we are hoping that over the next 6 months we can sustain this level of support to families.

3a=EEiii.. ITS IN THE BAG

It*iiiiii 72+8=2 14+6-20 , 117+3=20

10

Because Tower Hamlets is one of the poorest boroughs in London and in our ward Poplar 67% of the community is from a BAME background, because of these factors our community has been disproportionately impacted by the pandemic. Our families and children were already at the bottom of most national measurements of deprivation, with chronic health and employment issues, so the pandemic has hit us harder than most. The majority of working adults in our community were employed in service industries or on zero hour contracts and because of redundancies the number of children and families facing food poverty & education disadvantage as grown immensely.

Over the next 6 months more children will need our support just to sustain their education options and the strain on families home life and financial stability have been immeasurable effected by the Covid pandemic.

The facts so far:

These amazing results were only made possible by the hard work of our partners,

donors and community. We would like to thank you all.

Morgan Stanley, CitiGroup, Mayors Fund for London, Awards for All, London Community Fund, City Bridge Trust, Felix Project, Tower Hamlets, Hygienebank, Magic Breakfast, HIS Church Charity, Harper Collins, Kitchen Social, Barbican Centre, Culture Mile, Aviva, Thomas Franks, CO-OP, Reading Agency, Costa Coffee and all of the staff and volunteers at Stebon & Bygrove Primary Schools

11

Education Projects: SHINE@MARNER & SHINE@STEBON

We are now in the 7th year of delivery at Marner and our fifth at Stebon both schools have received funding from the Lehman Foundation to carry on the work started by Poplar Harca and SHINE have agreed to sponsor the Saturday schools for another year. We are still a seeking corporate sponsor for a third Poplar school to take part and hope this valuable project will carry on in 2019

Schools have taken part in cooking, computing, sports and drama activities as well as enjoying trips to the Natural History Museum and a London tour.

Shine @ Stebon has been really successful and we are looking forward to the opportunities to learn available next year!

SHINE exists to help disadvantaged children and young people. They support programmes that concentrate on core educational subjects. Education provides choices. By funding best practice educational support projects SHINE is working to ensure that the participants can have choice and control in their lives.

12

The project at Marner Primary School is the first in Tower Hamlets and is the first nationally to be co-funded by SHINE, Marner and a local housing association

Poplar Harca, who work with residents to help make Poplar a fantastic place to live and work. This can only happen when residents fulfil their potential. This is why their focus is to promote local services

Shine on Saturdays enables us to re-inject the enrichment aspects of learning into the educational experience of the young participants, something which is sorely lacking at present. We plan to engage with the children’s families all the way through the project to bring about a greater appreciation of the importance of education and the value of gaining a broader range of experience. Trips beyond the classroom to complement each term’s theme will enable children who rarely travel outside their local area, let alone the

Borough, to broaden their horizons and aspirations and help them gain confidence. We hope that, alongside other benefits, the project will have a positive impact upon attendance levels throughout the school and that some of the information we impart to the children, particularly around healthy eating and lifestyle, will become disseminated across the community, helping to bring about general shifts in attitudes and behaviour.

13

: Education Projects

Morgan Stanley Healthy London, Year 6.

Our cities, dynamic centres of culture and arts and economic engines of innovation and growth, can also be a challenging environment, especially hard on children. This project has now delivered over 27,000 meals to children in Tower Hamlets

Morgan Stanley has launched Healthy London, anchored in Poplar, a community close to our London Headquarters. Our program partners with, and brings together local charities to offer parents and carers better access to wellness, nutrition and play resources vital for children to get a healthy start in life. To help make this happen, Morgan Stanley collaborated with renowned scientist and health expert Dr. Paul Sacher. He and his team spent six months in 2014 learning about Poplar, listening to local parents and carers, who offered a unique window into the community’s concerns, challenges and aspirations when it came to their children’s health. This research provided the insights that drove the planning and execution of Healthy London.

14

Community Collaboration

“The Healthy London program in Poplar represents a partnership between a number of different stakeholders, each bringing their expertise and knowledge to help build a program with the intention of having a significant and long-lasting impact on the community,” says Colm Kelleher, President of Institutional Securities at Morgan Stanley. “This has been a truly collaborative effort involving a variety of stakeholders and we are looking forward to building on the results of the research to deliver a successful and sustainable program.”

A number of crucial themes emerged from the research. One was how families struggled to access key services, such as health care, due to language barriers and hard-to-find information. Residents also wanted to better understand health issues, particularly related to nutrition. Many noted the overabundance of fast food and the growing evidence of childhood obesity in the community.

Against this backdrop, children at play became especially important. Play fosters a sense of wellbeing and cohesion for families. And it’s fun and healthy for the children. However, many residents commented on the limited opportunities and facilities for children in the community to play.

15

Holistic Approach

Healthy London offers a holistic approach to enhancing children’s health. The program will give thousands of children and their parents access to health education and a Community Health Advisor, three different playgrounds with structured events, as well as healthy meals, nutrition programs and awareness, healthy lifestyle education, and exercise programs.

“Research has shown that poor nutrition and inactivity in childhood is associated with significant health and psychosocial issues. Disadvantaged communities present some of the hardest challenges to living healthy lives,” Dr. Sacher says. “Solutions are often provided from the top down, imposing programs and initiatives that may not fit with local needs. Fortunately, by evaluating the issues and solutions that really matter to the community and by implementing our research recommendations, the Morgan Stanley Healthy London Program is more likely to lead to positive and sustainable improvements in child health,” he says.

16

Healthy London joins three other cities—Chicago, Newark, and Oakland—as part of Morgan Stanley Healthy Cities. It is our first international foray, as we look to add global reach to a program steeped in local realities and necessities. As urbanisation gathers momentum in both developed and emerging markets, megacities are becoming the norm. Their growth has created vast opportunities for families—and tremendous challenges. Millions of families are struggling to provide their sons and daughters with the basic building blocks of a healthy childhood. Healthy Cities is one way that we can help, as part of Morgan Stanley’s long-standing commitment to help improve the lives of children all over the world.

As part of Healthy London, Morgan Stanley has also sponsored a garden at the Chelsea Flower Show called the Morgan Stanley Healthy Cities Garden. Designed by Chris Beardshaw, the garden will be transferred to a preselected plot in Poplar after the show, where it will become a centrepiece among the many projects in the community.

17

Education Projects: Now>Press>Play

The project funded by The Poplar Partnership helped schools across Poplar pilot the use of wireless headphones to provide the children with an educational experience they will never forget. The Poplar Partnership schools have the chance to work with Now>Press>Play to fully immerse our children into their topic.

In a now>press>play experience, the children put on wireless headphones and are plunged into the world of their topic. Immersed in sound, they become a character in a story, meeting people, discovering places and solving problems, on an educational adventure they’ll never forget. The experiences are delivered by a now>press>play facilitator as part of an hour long experience. Up to 30 children can take part in one experience. They can deliver any combination of up to four experiences in one school day, so whether bouncing across the surface of Mars, Plunging into the Water Cycle or running for shelter in the Blitz or trying your luck on the streets of Victorian Britain! The Key Stage 2 children really enjoy this new learning experience.

now>press>play:

18

Financial Review

Against the backdrop of limited resources and insecurities over funding, it has been difficult to plan or develop services. Nevertheless the charity, with the aid of sound financial management and the support of both the local authority and schools in the area, generated a positive financial outcome.

Principal Funding Sources

The principal funding sources for the charity are currently by way of grant and contract income from Tower Hamlets, Corporate Sponsors and funding applications to charities. The charity has to seek funding from a much broader group of agencies and more joint working with both local and national bodies; we are in talks with Poplar Harca, SHINE Trust and Barnardos

19

These joint working models are proving particularly useful in identifying possible opportunities for a much wider range of funding for the future.

Investment Policy

Aside from retaining a prudent amount in reserves most of the charity’s funds are to be spent in the short term so there are few funds for long term investment. A review of investment policies is therefore planned early in the new financial year.

Reserves Policy

The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure . The reserves are needed to meet the working capital requirements of the charity and the Management Committee are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding

The present level of reserves available to the charity falls significantly short of this target level. Although the strategy is to continue to build reserves through planned operating surpluses, the Management Committee is well aware that it unlikely that the target range can be reached for at least five years. In the short term the Management Committee has also considered the extent to which existing activities and expenditure could be curtailed, should such circumstances arise.

20

Plans for Future Periods

The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. Plans are also being developed to work on a number of schemes with a local housing association and a national charity to develop the first Saturday school in Poplar. We are also hoping that a corporate sponsor will fund the position of health advisor for a further three years. This will help us encourage GP’s and Health bodies to use our schools to deliver their health message to children, parents and staff.

Governance and Management.

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 6 October 2011 and registered as a charity on 18 January 2012. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Recruitment and Appointment of Management Committee the directors of the company are also charity trustees for the purposes of charity law and 21 under the company’s Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of three years after which they must be re-elected at the Annual General Meeting.

All member of the Management Committee give their time voluntarily and received no benefits from the charity.

Trustee Induction and Training

Most trustees are already familiar with the practical work of the charity having worked alongside the charity in supporting people in Tower Hamlets

Additionally, new trustees are invited and encouraged to attend a short training session,(of no more than an hour) to familiarise themselves with the charity and the context within which it operates. These are led by our Business Manager Mark Causton and cover:

Question & Answer sessions take place at these meetings and information about the charities actives found at The Poplar Partnership website. 22

www.thepoplarpartnership.org.uk

All new trustees are directed to Commission publications signposted through the Commission’s guide “the Essential Trustee” as a follow up to these sessions. Feedback from new trustees about their induction has been very positive.

Risk Management

Systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities.

Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers and children to ensure a consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

Financial risk management

The Business Manager is responsible for the day to day management of the charity and has one to one meetings with the chair once a week. At these meetings evidence of

Must be produced, all cheque need to be signed by two signatories who are members of the management committee.

23

Organisational Structure

The Poplar Partnership has a Management Committee of 9 members, who meet quarterly and are responsible for the strategic direction and policy of the charity. At present the Committee has nine members all of whom are Head Teachers in Tower Hamlets and whose professional backgrounds and commitment to the work of the charity is backed by the support of the governing bodies in each school.

The day to day responsibility for the provision of the services rests with the Business Manager, along with the Project Manager and Health Advisor

.

Members of the Management Committee

Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 4.

In accordance with company law, as the company’s directors, we certify that:

Butler & Co LLP Chartered Accountants were appointed as the charitable company’s accountants during the year and have expressed their willingness 24 to continue in that capacity.

This report has been prepared in accordance with the Statement of Recommended Practice:

Accounting and Reporting by Charities (issued in March 2005) and in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small entities. Approved by the Management Committee on 16/7/2018 and signed on its behalf by: The Poplar Partnership

Joanna Franklin (chair)

REGISTERED COMPANY NUMBER: 07800008 (England and Wales) REGISTERED CHARITY NUMBER: 1145513

Report of the Trustees and

Unaudited Financial Statements for the Period 1 November 2019 to 31 August 2020

for

THE POPLAR PARTNERSHIP LIMITED

Butler & Co LLP Chartered Accountants Third Floor 126-134 Baker Street London W1U 6UE

THE POPLAR PARTNERSHIP LIMITED

Contents of the Financial Statements FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4 to 5
Notes to the Financial Statements 6 to 10

THE POPLAR PARTNERSHIP LIMITED (REGISTERED NUMBER: 07800008)

Report of the Trustees FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 November 2019 to 31 August 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The Trustees changed the company's accounting reference date to 31 August to align with the academic year as this will enable it to better report its activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07800008 (England and Wales)

Registered Charity number

1145513

Registered office

Bygrove Primary School Bygrove Street London E14 6DN

Management committee and directors

Ms J Franklin Chair Mr J Iver Ms T Argent Mr N Hague (Resigned on 31.01.2021) Mr P C Jackson Ms D Bleach Mrs F Smith Mr M W Grant Mr O D O'Regan Mr Patrick Anthony Devereux (Appointed 28.02.2020)

Independent examiner

M Desai Butler & Co LLP Chartered Accountants Third Floor 126 - 134 Baker Street London W1U 6UE

25/3/2021 Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Mrs Jo Franklin - Trustee

Page 1

Independent Examiner's Report to the Trustees of The Poplar Partnership Limited

Independent examiner's report to the trustees of The Poplar Partnership Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the period 1 November 2019 to 31 August 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

The impact of uncertainties due to the COVID19 pandemic on our examination

Uncertainties related to the effects of COVID-19 are relevant to understanding our examination of the financial statements. All examinations assess and challenge the reasonableness of estimates made by the trustees, and related disclosures and the appropriateness of the going concern basis of preparation of the financial statements. All of these depend on assessments of the future economic environment and the company's future prospects and performance.

COVID-19 is one of the most significant public health, social and economic event and at the date of this report its effects are subject to unprecedented levels of uncertainty of outcomes, with the full range of possible effects unknown. We applied a standardised firm-wide approach in response to that uncertainty when assessing the company's future prospects and performance. However, no examination should be expected to predict the unknowable factors or all possible future implications for the company and this is particularly the case in relation to COVID19.

M. Desai FCA ICAEW Butler & Co LLP Chartered Accountants Third Floor 126-134 Baker Street London W1U 6UE

Date: .............................................

Page 2

THE POPLAR PARTNERSHIP LIMITED

Statement of Financial Activities FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
44,266
EXPENDITURE ON
Charitable activities
Funding early intervention projects
32,012
Other
-
Total
32,012
NET INCOME/(EXPENDITURE)
12,254
Transfers between funds
9
(57,704)
Net movement in funds
(45,450)
RECONCILIATION OF FUNDS
Total funds brought forward
61,687
TOTAL FUNDS CARRIED FORWARD
16,237		 Restricted
fund
£
-
190,434
-
190,434
(190,434)
57,704
(132,730)
132,730
-		 Period
1/11/19
to
Year ended
31/8/20
31/10/19
Total
Total
funds
funds
£
£
44,266
269,525
222,446
175,742
-
726
222,446
176,468
(178,180)
93,057
-
-
(178,180)
93,057
194,417
101,360
16,237
194,417		 Period
1/11/19
to
Year ended
31/8/20
31/10/19
Total
Total
funds
funds
£
£
44,266
269,525
222,446
175,742
-
726
222,446
176,468
(178,180)
93,057
-
-
(178,180)
93,057
194,417
101,360
16,237
194,417
176,468
93,057
-
93,057
101,360
194,417

The notes form part of these financial statements

Page 3

THE POPLAR PARTNERSHIP LIMITED (REGISTERED NUMBER: 07800008)

Balance Sheet 31 AUGUST 2020

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
6
42
CURRENT ASSETS
Debtors
7
500
Cash at bank
21,197
21,697
CREDITORS
Amounts falling due within one year
8
(5,502)
NET CURRENT ASSETS
16,195
TOTAL ASSETS LESS CURRENT
LIABILITIES
16,237
NET ASSETS
16,237
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
-
-
-
-		 2020
Total
funds
£
42
500
21,197
21,697
(5,502)
16,195
16,237
16,237
16,237
-
16,237		 2019
Total
funds
£
53
24,366
174,900
199,266
(4,902)
194,364
194,417
194,417
61,687
132,730
194,417

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 4

THE POPLAR PARTNERSHIP LIMITED (REGISTERED NUMBER: 07800008)

Balance Sheet - continued 31 AUGUST 2020

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were authorised for issue by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 25/3/2021

............................................. Jo Franklin - Trustee

The notes form part of these financial statements

Page 5

THE POPLAR PARTNERSHIP LIMITED

Notes to the Financial Statements

FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Going concern

The trustees believe that the company is well placed to manage its business and operational risks. The trustees have a reasonable expectation that the company has adequate resources and will continue in operational existence for the foreseeable future. The trustees consider it appropriate to adopt the going concern basis in preparing the annual financial statements.

Since the financial year end, there are uncertainties relating to COVID19 pandemic. No provisions have been made in the financial statements in respect of these uncertainties.

continued...

Page 6

THE POPLAR PARTNERSHIP LIMITED

Notes to the Financial Statements - continued FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Period
1/11/19
to Year ended
31/8/20 31/10/19
£ £
Depreciation - owned assets 11 18

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31 August 2020 nor for the year ended 31 October 2019.

Trustees' expenses

There were no trustees' expenses paid for the period ended 31 August 2020 nor for the year ended 31 October 2019.

4. STAFF COSTS

The average monthly number of employees during the period was as follows:

Period
1/11/19
to Year ended
31/8/20 31/10/19

The company did not directly employ staff. The staff costs relate to contributions to staff costs made by the company.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
4,101
EXPENDITURE ON
Charitable activities
Funding early intervention projects
21,284
Other
726
Total
22,010
NET INCOME/(EXPENDITURE)
(17,909)		 Restricted
fund
£
265,424
154,458
-
154,458
110,966		 Total
funds
£
269,525
175,742
726
176,468
93,057

continued...

Page 7

THE POPLAR PARTNERSHIP LIMITED

Notes to the Financial Statements- continued Notes to the Financial Statements- continued
FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£ £ £
RECONCILIATION OF FUNDS
Total funds brought forward 79,596 21,764 101,360
TOTAL FUNDS CARRIED FORWARD 61,687 132,730 194,417
6. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 November 2019 and 31 August 2020 400
DEPRECIATION
At 1 November 2019 347
Charge for year 11
At 31 August 2020 358
NET BOOK VALUE
At 31 August 2020 42
At 31 October 2019 53
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£ £
Trade debtors 500 24,366
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£ £
Accrued expenses 5,502 4,902

continued...

Page 8

THE POPLAR PARTNERSHIP LIMITED

Notes to the Financial Statements - continued FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

9. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Bursary Fund
TOTAL FUNDS
Net movement in funds, included in the above are
Unrestricted funds
General fund
Restricted funds
Bursary Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Bursary Fund
TOTAL FUNDS		 At
1/11/19
£
61,687
132,730
194,417
as follows:		 Net
movement
in funds
£
12,254
(190,434)
(178,180)
Incoming
resources
£
44,266
-
44,266
At
1/11/18
£
79,596
21,764
101,360		 Transfers
between
At
funds
31/8/20
£
£
(57,704)
16,237
57,704
-
-
16,237
Resources
Movement
expended
in funds
£
£
(32,012)
12,254
(190,434)
(190,434)
(222,446)
(178,180)
Net
movement
At
in funds
31/10/19
£
£
(17,909)
61,687
110,966
132,730
93,057
194,417

continued...

Page 9

THE POPLAR PARTNERSHIP LIMITED

Notes to the Financial Statements - continued FOR THE PERIOD 1 NOVEMBER 2019 TO 31 AUGUST 2020

9. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Bursary Fund
TOTAL FUNDS		 Incoming
resources
£
4,101
265,424
269,525		 Resources
Movement
expended
in funds
£
£
(22,010)
(17,909)
(154,458)
110,966
(176,468)
93,057

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 31 August 2020.

Page 10

The Poplar Partnership Ltd Bygrove Primary School Bygrove Street LONDON E14 6DN

Butler & Co. LLP 3[rd] Floor 126-134 Baker Street London W1U 6UE

14 June 2021

Dear Sirs,

We confirm that the following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience and, where appropriate, of inspection of supporting documentation, sufficient to satisfy ourselves that we can properly make each of the following representations to you, in connection with your examination of the charity’s accounts for the period ended 31 August 2020.

  1. We acknowledge as directors our responsibility under the Charities Act 2011 for preparing accounts which accord with our accounting records and comply with the requirements of the act and for making accurate representations to you. All the accounting records have been made available to you for the purpose of your examination and all the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. All changes in the governing document of the charity have been communicated to you. All other records and related information, including minutes of all directors and management meetings have been made available to you.

  2. We confirm that the charity is eligible for an independent examination of its accounts and that there are no circumstances which we should draw to your attention which would invalidate this eligibility.

  3. We confirm that the accounting reference date was shortened from 31 October to 31 August to allign with the academic year.

  4. All grants, donations and other incoming resources, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions during the period in the application of such incoming resources. There was no bursary income and no endowments or restricted income grants and donations received during the period by The Poplar Partnership.

  5. Except as stated in the statement of assets and liabilities, there are no unrecorded liabilities, actual or contingent. We are not aware of any material provisions, contingent liabilities, contingent assets or contracted for capital commitments, that need to be disclosed in the statement of assets and liabilities.

  6. The charity has not entered into at any time during the year, any arrangement, transaction, or agreement to provide credit facilities (including loans, quasi-loans or other facilities) for directors nor to guarantee or provide security for such matters.

  7. We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect fraud; and have disclosed to you the results of our assessment of the risk that the accounts may be materially misstated as a result of fraud. We are unaware of any irregularities, including fraud and suspected fraud, involving management, employees who have significant roles in internal control, or those employed by the charity where the fraud could have a material effect on the accounts. No allegations of such irregularities or breaches have come to our notice.

  8. We are not aware of any breaches or possible breaches of statute, regulations, contracts, agreements or the charity’s Article of Association which might prejudice the charity’s going concern status or that might result in the charity suffering significant penalties or other loss. No allegations of such irregularities or breaches have come to our notice.

  9. We have reviewed the affairs of the charity and confirm that no income is subject to tax.

  10. We believe that adequate cash resources will be available to cover the charity’s requirements for working capital and capital expenditure for at least the next twelve months and we are not aware of any other factors that we believe could put into jeopardy the charity’s going concern status. The accounts have therefore been prepared on the going concern basis.

  11. There have been no events since the balance sheet date, which necessitate revision of the figures included in the accounts or inclusion of a note thereto. Should further material events occur, which may necessitate revision of the figures included in the accounts or inclusion of a note thereto, we will advise you accordingly.

  12. We confirm that the charity has had no non-routine communication with the Charity Commission during or since the period of which you are unaware.

  13. We confirm that the charity does not require an audit and that the management committee does not request one to be carried out. We also confirm none of the donors demanded an audit.

  14. We confirm that the charity does not have an insurance policy as it is covered by the local authority insurance cover. The charity offices are based in a primary school.

  15. There have been no transactions in the period with the directors, companies controlled by directors’ related companies and other related parties which have not been at arms’ length and properly recorded in the accounting records.

Yours faithfully

............................................................................ Signature on behalf of the board of directors