## **Trustees’ Annual Report for the period**
**From 31[st] October 2022 Period start date To 31[st] October 2023 Period end date**
## **Charity name: THE POPLAR PARTNERSHIP**
## **Charity registration number: 1145513**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|The advancement of education through the
provision of bursary grants to support
access to teacher training for
disadvantaged and under-represented
graduates.|
|Summary of the main
activities in relation to
those purposes for the
public benefit, in
particular, the activities,
projects or services
identified in the accounts.|Para 1.17 and
1.19|The Charity is used to received grants
at a school choosing, these are then
paid to student teacher whilst they
train over the academic year from
October to July.|
|Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit|Para 1.18|Trusteesreceived PB3
as issued by the
Charities Commission and they
understand the guidance issued.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference **N/A** Para 1.38 Policy on grant making **N/A** Para 1.38 Policy on social investment including program related investment **N/A**
Para 1.38 Contribution made by volunteers **N/A** Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.|Para 1.20|The Charity has supported several
students with bursaries whilst they
undertake their Initial teacher Training
(ITT).|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
**N/A** Achievements against Para 1.41 objectives set **N/A** Performance of Para 1.41 fundraising activities against objectives set **N/A** Investment performance Para 1.41 against objectives **N/A**
Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the
end of the period|Para 1.21|The Trustees have reviewed the
charities financial position for the period
of this report.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves held by the charity are for any
students who the trustees feel need
financial support. In some
circumstances this is agreed by the
trustees, if a school is in financial
difficulty and is unable to provide a
bursary to the trainee teacher.|
|Amount of reserves held|Para 1.22|£1840.00|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially
in deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a
going concern|Para 1.23|None to report at this time.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
The charity’s principal
sources of funds
(including any fundraising)|
Para 1.47|
N/A|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A|
|A description of the
principal risks facing the
charity|Para 1.46|N/A|
|Other||N/A|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing
document
(trust deed, royal charter)|Para 1.25|CIO Foundation –
Date started: 21/10/2021.|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation
(CIO)|
|Trustee selection
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled to
appoint one or more
trustees|Para 1.25|Appointed.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|
N/A|
|---|---|---|
|The charity’s
organisational structure
and any wider network
with which the charity
works|Para 1.51|N/A|
|Relationship with any
related parties|Para 1.51|N/A|
|Other||N/A|
## **Reference and Administrative details**
|Charity name|The Poplar Partnership|
|---|---|
|Other name the charity
uses|N/A|
|Registered charity number|1145513|
|Charity’s principal address|The Poplar Partnership
c/o Bygrove Primary School
Bygrove Street
London
E14 6DN||
|---|---|---|
||||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Jo Franklin|Chair|||
||Mr J Iver|Trustee|||
||Ms T Argent|Trustee|||
||Mr P C Jackson|Trustee|Until 1stMarch 2023||
||Ms D Bleach|Trustee|||
||Mrs F Smith|Trustee|||
||Mr M W Grant|Trustee|||
||Mr O D O'Regan|Trustee|||
||Mr P A Devereux|Trustee|||
||F Durnian|Trustee|1stMarch 2023||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved **Director name N/A**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**N/A**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements N/A for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser**|**Name**
**Address**|**Name**
**Address**|
|---|---|---|
|**Finance**|Steven Fontaine|Unity School Services Limited
9 Newlands Road,
Bournemouth,
BH7 6NX|
||||
||||
||||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
N/A
## **Other optional information**
N/A
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Jo Franklin **Position (eg** Chair **Secretary, Chair, etc) Date** JUNE 2024
**Company Registration No. 07800008 (England and Wales) Registered Charity Number: 1145513**
**THE POPLAR PARTNERSHIP LIMITED TRUSTEE REPORT AND UNAUDITED ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
**THE POPLAR PARTNERSHIP LIMITED TRUSTEE REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Charity information|3|
|Trustees' report|4|
|Independent examiner’s report|5|
|Income statement|6|
|Statement of financial position|7|
|Notes to the accounts|8-10|
- 2 -
**THE POPLAR PARTNERSHIP LIMITED CHARITY INFORMATION FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## **Management Committee and Directors**
Ms J K Franklin (Chair) Mr J Iver Ms T Argent Mr P C Jackson Ms D Bleach Mrs F Smith Mr M W Grant Mr O D O'Regan Mr P A Devereux
## **Company Number**
**Charity Number**
## **Registered Office**
## **Independent Examiners**
07800008 (England and Wales) 1145513 BYGROVE PRIMARY SCHOOL BYGROVE STREET LONDON E14 6DN ENGLAND
Tarpon Limited Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE
- 3 -
**THE POPLAR PARTNERSHIP LIMITED TRUSTEES' REPORT**
The Poplar Partnership is a small charity set up in Tower Hamlets. 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.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Poplar Partnership is a small charity set up to try and tackle the problems, in Tower Hamlet, at their root, by helping fund and support early intervention projects within our community.
## **Significant activities**
The key priorities for the year are set out below:
- Partner with as many schools and organisations and implement the early intervention projects more effectively in the community.
- Continue to increase our understanding of children with Language and Communication difficulties and children and help the project to focus on the treatment of disorders of speech, language, communication and cover mild, moderate or severe learning difficulties, physical disabilities, language delay, specific language impairment , specific difficulties in producing sounds, hearing impairment, cleft palate, stammering, autism/social interaction difficulties, dyslexia, voice disorders and selective mutism.
## **Public benefit**
The governors have complied with their duty to have due regard to the guidance on public benefit issued by the Charity Commission in exercising their powers and duties.
## **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.
## **Recruitment and appointment of new trustees**
Newly appointed Head Teachers in local schools are requested to joint the charity on a voluntary basis. If the new Head Teacher requests to join the board as a trustee, the existing board vote on the appointment.
At each AGM trustees step down and are reappointed. No external body or person can appoint a trustee.
Signed on behalf of the board of trustees
Ms J K Franklin (Chair) Director
Approved by the board on: 21 June 2024
- 4 -
**THE POPLAR PARTNERSHIP LIMITED INDEPENDENT EXAMINERS' REPORT**
## **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 year ended 31 October 2023.
## **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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of CIPFA which is one of the listed bodies.
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.
Michael Rowe CPFA – Chartered Public Accountant Tarpon Limited
Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE
21 June 2024
- 5 -
## **THE POPLAR PARTNERSHIP LIMITED INCOME STATEMENT FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
|**Notes**
**Income and endowments from**
Donations and legacies
**Expenditure on**
Raising funds
4
**Charitable activities**
Funding early intervention projects
**Total**
**Net income/(expenditure)**
Total funds brought forward
**Total funds carried forward**|**Unrestricted Restricted**
**2023**
**2022**
**Funds**
**Funds Total funds Total funds**
**£**
**£**
**£**
**£**
451
475,832
476,283
384,675
(167)
-
(167)
(49)
-
(352,437)
(352,437)
(402,581)|
|---|---|
||(167)
(352,437)
(352,604)
(402,630)|
||284
-
284
(17,955)|
||1,556
-
1,556
19,511|
||1,840
123,395
125,235
1,556|
- 6 -
## **THE POPLAR PARTNERSHIP LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2023**
|**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
8
Cash at bank and in hand
**Creditors: amounts falling due within one year**
9
**Net current assets**
**Net assets**
**Funds**
Unrestricted funds
**Total funds**|**Unrestricted**
**fund**
**£**
**Restricted**
**fund**
**£**
**2023**
**Total**
**funds**
**£**
**2022**
**Total**
**funds**
**£**
18
-
18
24
-
-
-
150,643
174,242
174,242
53,116|**Unrestricted**
**fund**
**£**
**Restricted**
**fund**
**£**
**2023**
**Total**
**funds**
**£**
**2022**
**Total**
**funds**
**£**
18
-
18
24
-
-
-
150,643
174,242
174,242
53,116|
|---|---|---|
||174,762
-
(49,025)
-|
174,762
203,759
(49,025)
(202,227)|
||125,217
-|
125,217
1,532|
||125,235
-|
125,235
1,556|
|||125,235
1,556|
|||125,235
1,556|
For the period ending 31 October 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 June 2024 and were signed on its behalf by
Ms J K Franklin (Chair) Director
Company Registration No. 07800008 Registered Charity Number: 1145513
- 7 -
**THE POPLAR PARTNERSHIP LIMITED NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## **1 Statutory information**
THE POPLAR PARTNERSHIP LIMITED is a private limited company limited by guarantee incorporated in England and Wales. The address of the registered office is given in the trustees report in page 3.
## **2 Compliance with accounting standards**
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.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment 25% on reducing balance
## _**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
## _**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.
- 8 -
**THE POPLAR PARTNERSHIP LIMITED NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## _**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.
|**4 Raising funds**
Raising donations and legacies
Support costs
**5 Net income/expenditure**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation of tangible fixed assets
**6 Taxation**
The charity is exempt from corporation tax on its charitable activities.
**7 Tangible fixed assets**
**Cost or valuation**
At 1 September 2022
At 31 October 2023
**Depreciation**
At 1 September 2022
Charge for the period
At 31 October 2023
**Net book value**
At 31 October 2023
At 31 August 2022
**8 Debtors**
**Amounts falling due within one year**
Trade debtors
**9 Creditors: amounts falling due within one year**
Other creditors
Accruals
Deferred income|**2023**
**£**
167
**2023**
**£**
6
**2023**
**£**
-
**2023**
**£**
-
1,020
48,005
49,025|**2022**
**£**
49
**2022**
**£**
8
**Computer**
**equipment**
**£**
At cost
400
400
376
6
382
18
24
**2022**
**£**
150,643
**2022**
**£**
1,684
3,900
196,643
202,227|
|---|---|---|
- 9 -
**THE POPLAR PARTNERSHIP LIMITED NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## **10 Average number of employees**
During the period the average number of employees was 0 (2022: 0).
## **11 Trustees’ remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 August 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 October 2023 nor for the year ended 31 August 2022.
- 10
**Company Registration No. 07800008 (England and Wales) Registered Charity Number: 1145513**
**THE POPLAR PARTNERSHIP LIMITED TRUSTEE REPORT AND UNAUDITED ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
**THE POPLAR PARTNERSHIP LIMITED TRUSTEE REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Charity information|3|
|Trustees' report|4|
|Independent examiner’s report|5|
|Income statement|6|
|Statement of financial position|7|
|Notes to the accounts|8-10|
- 2 -
**THE POPLAR PARTNERSHIP LIMITED CHARITY INFORMATION FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## **Management Committee and Directors**
Ms J K Franklin (Chair) Mr J Iver Ms T Argent Mr P C Jackson Ms D Bleach Mrs F Smith Mr M W Grant Mr O D O'Regan Mr P A Devereux
## **Company Number**
**Charity Number**
## **Registered Office**
## **Independent Examiners**
07800008 (England and Wales) 1145513 BYGROVE PRIMARY SCHOOL BYGROVE STREET LONDON E14 6DN ENGLAND
Tarpon Limited Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE
- 3 -
**THE POPLAR PARTNERSHIP LIMITED TRUSTEES' REPORT**
The Poplar Partnership is a small charity set up in Tower Hamlets. 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.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Poplar Partnership is a small charity set up to try and tackle the problems, in Tower Hamlet, at their root, by helping fund and support early intervention projects within our community.
## **Significant activities**
The key priorities for the year are set out below:
- Partner with as many schools and organisations and implement the early intervention projects more effectively in the community.
- Continue to increase our understanding of children with Language and Communication difficulties and children and help the project to focus on the treatment of disorders of speech, language, communication and cover mild, moderate or severe learning difficulties, physical disabilities, language delay, specific language impairment , specific difficulties in producing sounds, hearing impairment, cleft palate, stammering, autism/social interaction difficulties, dyslexia, voice disorders and selective mutism.
## **Public benefit**
The governors have complied with their duty to have due regard to the guidance on public benefit issued by the Charity Commission in exercising their powers and duties.
## **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.
## **Recruitment and appointment of new trustees**
Newly appointed Head Teachers in local schools are requested to joint the charity on a voluntary basis. If the new Head Teacher requests to join the board as a trustee, the existing board vote on the appointment.
At each AGM trustees step down and are reappointed. No external body or person can appoint a trustee.
Signed on behalf of the board of trustees
Ms J K Franklin (Chair) Director
Approved by the board on: 21 June 2024
- 4 -
**THE POPLAR PARTNERSHIP LIMITED INDEPENDENT EXAMINERS' REPORT**
## **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 year ended 31 October 2023.
## **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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of CIPFA which is one of the listed bodies.
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.
Michael Rowe CPFA – Chartered Public Accountant Tarpon Limited
Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE
21 June 2024
- 5 -
## **THE POPLAR PARTNERSHIP LIMITED INCOME STATEMENT FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
|**Notes**
**Income and endowments from**
Donations and legacies
**Expenditure on**
Raising funds
4
**Charitable activities**
Funding early intervention projects
**Total**
**Net income/(expenditure)**
Total funds brought forward
**Total funds carried forward**|**Unrestricted Restricted**
**2023**
**2022**
**Funds**
**Funds Total funds Total funds**
**£**
**£**
**£**
**£**
451
475,832
476,283
384,675
(167)
-
(167)
(49)
-
(352,437)
(352,437)
(402,581)|
|---|---|
||(167)
(352,437)
(352,604)
(402,630)|
||284
-
284
(17,955)|
||1,556
-
1,556
19,511|
||1,840
123,395
125,235
1,556|
- 6 -
## **THE POPLAR PARTNERSHIP LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2023**
|**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
8
Cash at bank and in hand
**Creditors: amounts falling due within one year**
9
**Net current assets**
**Net assets**
**Funds**
Unrestricted funds
**Total funds**|**Unrestricted**
**fund**
**£**
**Restricted**
**fund**
**£**
**2023**
**Total**
**funds**
**£**
**2022**
**Total**
**funds**
**£**
18
-
18
24
-
-
-
150,643
174,242
174,242
53,116|**Unrestricted**
**fund**
**£**
**Restricted**
**fund**
**£**
**2023**
**Total**
**funds**
**£**
**2022**
**Total**
**funds**
**£**
18
-
18
24
-
-
-
150,643
174,242
174,242
53,116|
|---|---|---|
||174,762
-
(49,025)
-|
174,762
203,759
(49,025)
(202,227)|
||125,217
-|
125,217
1,532|
||125,235
-|
125,235
1,556|
|||125,235
1,556|
|||125,235
1,556|
For the period ending 31 October 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 June 2024 and were signed on its behalf by
Ms J K Franklin (Chair) Director
Company Registration No. 07800008 Registered Charity Number: 1145513
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**THE POPLAR PARTNERSHIP LIMITED NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## **1 Statutory information**
THE POPLAR PARTNERSHIP LIMITED is a private limited company limited by guarantee incorporated in England and Wales. The address of the registered office is given in the trustees report in page 3.
## **2 Compliance with accounting standards**
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.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment 25% on reducing balance
## _**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
## _**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.
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**THE POPLAR PARTNERSHIP LIMITED NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## _**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.
|**4 Raising funds**
Raising donations and legacies
Support costs
**5 Net income/expenditure**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation of tangible fixed assets
**6 Taxation**
The charity is exempt from corporation tax on its charitable activities.
**7 Tangible fixed assets**
**Cost or valuation**
At 1 September 2022
At 31 October 2023
**Depreciation**
At 1 September 2022
Charge for the period
At 31 October 2023
**Net book value**
At 31 October 2023
At 31 August 2022
**8 Debtors**
**Amounts falling due within one year**
Trade debtors
**9 Creditors: amounts falling due within one year**
Other creditors
Accruals
Deferred income|**2023**
**£**
167
**2023**
**£**
6
**2023**
**£**
-
**2023**
**£**
-
1,020
48,005
49,025|**2022**
**£**
49
**2022**
**£**
8
**Computer**
**equipment**
**£**
At cost
400
400
376
6
382
18
24
**2022**
**£**
150,643
**2022**
**£**
1,684
3,900
196,643
202,227|
|---|---|---|
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**THE POPLAR PARTNERSHIP LIMITED NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 SEPTEMBER 2022 TO 31 OCTOBER 2023**
## **10 Average number of employees**
During the period the average number of employees was 0 (2022: 0).
## **11 Trustees’ remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 August 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 October 2023 nor for the year ended 31 August 2022.
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