Company number 07147619 Charity registration number 1147767 SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP UNAUDITED TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP A company Ilmlted by Guarantee) REFERENCE AND ADMINISTRATIVE DETAIL OF THE CHARITABLE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDEO 31ST MARCH 2024 Company number 7147619 Charity Reglstratlon No. 1147767 Rgglstered Office Canolfan Ni London Road cOrn Denbighshire LL21 ODP Trustees Michael McNamara Roger Haybyard David Jerman Julian Sampson Helen Counsell Anne Davies lapwnled 13 November 2023) Alistair Dodd (resigned 18 Mar¢h 20241 Sheila Hughes John Palmer Graham Timms LirKla Williams Chair Vice Chair seetary Treasurer Independent Examlners Salisburys Accounlanls Irish Squaie Sl Asaph Denbighshire LL17 ORN Bankers Co-operab've Bank PIC 10 Egerton Street Wrexham LL21 1LW
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP {A company Ilmlted by Guarantee) TRUSTEES REPORT AND FINANCIAL STATEMENTS CONTENTS FOR THE YEAR ENDED 31ST MARCH 2024 Reference and administrative details Trustees, Report Independent Examiner's Rerx)rt Slalemenl of financial activities Balance sheet 10 Notes lo the financial slalements
SOUTH DENBIGHSHIRE COMMUNifY PARTNERSHIP IA company limited by Guarantsel TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 The Truslees present their annual report togethei wth the ffinanaal statements for the year ended 31 March 2024. The annual report serves the purposes of both a Trustees, report and the directors. report under company law. The financial statements comply the Charrties Act 2011. the Companies Act 2006. the Memorandum and Articles ol Association. and the charib.es Statement of Recommended Practs'ce (applicable lo charities preparing their accounts in accordance wth the Finanoal Reporting Standard applicable in the UK and Republic of Ireland." FRS 102) issued in October 2019. Sin¢e the Charilable Company qualrfies as small under section 382 of the Companies Act 2006, the Strategic port required ol medium and large companies under the Companies Acl 2006 (Strategic Report and Direclors, Report} Regulations 2013 has been omitted. OUR PURPOSES AND ACTIVITIES Purposes of the CIMrity Oui focus is on benefiting the communities of South Denbighshife and surrounding areas by the services offered by SDCP. the use of Ihe Cent at Canolfan Ni in cor¥ and various facilities in Llangollen. In shaping our objectives for the year and planning our actmlies, the twstee5 have Consided the Charity Commission's guidance on public benefit, including the guidance 'pvblic benefit." running a charty IPB2)'. Specifically. our Charity's purposes as reflected in the objects contsined in the company's memorandum of a$slatIOn afe". To work toward5 improving the well-being of the communities of South Denbighshire and surrounding areas wlhoul distinction of sex. sexual orienlalion, race or political, religious or other opinions. While doing this we recognise the importance of the Welsh language and Cultu and the need for this to be encouraged wherever $sible. We yrk wlh local people. local aulhorilies. voluntary and other organisations in a common effort lo improve the general well-being of the Community. Our attention is focussed on addressing isolation, poverty, communrty transport and mental health issues in addition to advancing education and providing social welfare fa¢ililies for recreation an(1 leisure b'me occupation. General Review As the residual effects of the epidembc have receded, the Charity has been able lo wncentrale more on developing and expanding our core offerings in addition lo consolidating the development of the provision in Llangollen.
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee) TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 (CONTINUED) ACHIEVEMENTS AND PERFORMANCE General Review (conlinued) The key areas of our focus have been Conlinuing lo improve, consolidate and expand on our service in the Peng%%em centre in Llangollen and ensuring conlinuily by agreeing a 5 year SLA with Denbighshire CC Maintaining and strengthening Ihe effectiveness of our cooperation wlh ICAN and KIM inspire Ensufing the conlinualion of the Meals on Wheels and Luncheor) Club projects by seeking and obtaining additional tunding from Cl¢xaenog Forest Windfarm Fund Expanding our ability lo provide Iranswrt provision by obtsining a signifirant grant from Molobility vknich has allowed us lo purchase additional vehicles. In addition lo these have eonlinued working wth Citizens Advi Denbighshire. fulty using the centre for Parents and loddlers, groups, MIND. Cawl a than. Art and craft groups and youth provision. Our employees have remained constant during the year and we are conscious of the need for and work towards continuous personal development. We a aware thal Ihere wll be some changes required of senior personnel and Y afe working carefully lo ensure that these wll be effected wlhout any disruption to our activitie5 The charily aims and objectives are constant bLrt the manner of achieving these have lo adapt lo the prevailing circumslan¢es. Ensuring our work reflects our aims The Board of Direclorsttruslees hold quartedy meetings lo oversee the work ol the charity and lo examine whether the objectives are being adhered lo. It also reviews any changes in operational detail, financial due diligence, Heallh arbd Safely and Human Relations piacli¢es lo ensure continued best practice and Compliance wth the latest legislation. The charity has a comprehensive set of policies afid standards which are revi annually. Monthly monrtoring records are kept of the usage and users of the centre and its vehicles. Questionnaires and impact assessments are used lo gauge the qualrty of the services offered and most comments are very favourable. Any adverse comments are taken seriously and addressed. Who used and benefitted fmm ourservices7 We oller our services to Ihe communities of the Lower Dee Valley and there are no restrictions as lo o can use our service from these areas. We work dosely yh Citizens Advice Denbighshire and in addition lo the provision we offered last year. we are expanding our area of coverage and developing programmes lo help b*ilh the iesidual impact ol the pandemic.
SOUTH DEN81GHSHIRE COMMUNITY PARTNERSHIP A company Ilmlted by Guarantee) TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 ICONTINUEDI ACHIEVEMENTS AND PERFORMANCE General Review (continued) Aetlvities Our main activities and prqects in the year were.. - Your Place or Ours EdeyTnion and Dee Valley- funded by the National Lottery Bus Service Support Grant Corwen - funded by Flinlshire and Denbighshire County Councils Bus Service Support Grant Llangollen - funded by FlinIshi and Denbighshire County Councils - Volunteer Driver Scheme supporting rural communities- funded by Denbighshire County Council INorking together for the future of Pengwern Community- funded by DCC Housing - COGOG - A project funded by BCUHB and DenbKJhshire County Council aimed lo reduce food waste and lo provide nulrilious and economically pr[ meals for local residents - ICAN - funded by Belsi CaaLdI UnNersity Health Board As mentioned earfier, all these projects are kept under conslanl review by the operations team and quarterfy by the board of Trustees and all of them are performing SatisftorIty. Details of the above can be obtained by ¢onla¢ling the ¢enlre. In addition to these, the charsty continues lo offer the servKes provided in house and a fLK)rfall of nearly 3,000 in the year is a sign that this is reluining to pre-pandemic levels. FINANCIAL REVIEW Results for the year While the primary purpose of the Charity is to offer a serVe lo the community as described in the objectives, It can onty continue lo offer these rf il has sufficient fUrS for ils immediate requirements. Thi5 requires us lo develop detailed slruclured budgets for the future lo ensu the ongoing sustainability of the organisalion. Al 31 March 2024 our total reserves amounted lo £293.496131 March 2023 £331,510) which is a reduction during the year. Of these funds £104,241131 March 2023 £110,622) are Restricted Funds, £52.638131 March 2023 £137.5001 are deSnated for future prgects and General Unrestricted Funds total £136,617131 March 2023 £83.388}. We are happy 10 58y that we believe that we currently have adequate reserves lo continue lo provide our ServIS for Ihe next 2 years. In addition we are in discussion wilh funders to lake on more projects. Going concern After making appropriate enquiries, the trustees have a reasonable expectation that the Charitable Company ha5 adequate resouf¢es lo ¢onlinue in opeiational exislen¢e for the foreseeable future. For this ason, they contsnue lo adopt the going COnM basis in preparing the financial slalemenls. Reserves policy The Board of Directors have examined the charivs requirements for reserves considering the main risks lo the organisalion. 11 has established a policy whereby the unwlricled funds not committed or invested in tangible fixed assets held by the ¢haTily should be beiween 3 and 6 months ol the expenditure.
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP {A company limited by Guarantee) TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 {CONTINUEDI STRUCTURE. GOVERNANCE AND MANAGEMENT Constitution The organisalion is a Chaiilable Company limited by guarantee. incorporate(l on 5 February 2010 and registered as a charity on 20 June 2012. The company was established under a Memorandum of Association which established Ihe objects and powers of the Charitable Company and is governed under ils Articles of Association. In the event of the company being wound up members are r41[ed lo contribe an amount not exceeding £1. Over the year certain amendments were made lo the consti110n as agreed al the Annual General Meeting held in Oclober 2018. Recruitment and appointment of the 8oard of Directors The Directors of the Company are also chaiily Iruslees for the purposes of charity law and under the company's Articles are known as members of the Board of Direclors. Under the requirements ol the Memorandum and Articles of AssocialK>n the members ol Ihe Board of Diieclors are elected lo serve for a period of three years after which they much be red at the next Annual General Meeting. Methods of appolntment or election ol Trustees The Chair and Vic&Chair are elected by the Board of Directors and hold offe for 12 months. All directors of the Board gThie their lime voluntarily and receive no benefits from the chaiily. There were no expenses reclaimed by directors. except a5 disck)sed in note 10 to the accounts. vvnen a vacancy arises tor a replacement of addrtional trustee, consiueration Is given io existing users of the cenlre, people wlh local knowledge as well as any Spe¢rf skill set that would be beneficial. Any individual w8nling lo offer himlherself lor ele¢tti)n must become. or already be, a member of Soulh Denbighshire Community Partnership and must be nominated by a proposer and a seconder who are also members. Directors may appoint addilional directors. but a director so appointed sh311 hold office only until the next AGM. If not re-appointed al the AGM, the person will vacate office al the conclusion ol the meeting. Durin9 the year, one Trustee retired and a new Trustee was ctsopled in February 2023 and fomally appointed al the AGM in November 2023. Director Induction and Tralnlng As most new directors are either users or volunteers of the services offered by SDCP they are already familiar with the praclical work ol the charity. The Charty will conlinue. prior to the appoinlrllenl of a new Director, to examine the slrenglhs and weaknesses of Ihe organisalion to ensure that any new appointee will be able to offer Ihe relevanl expertise. On appointment they will be issued with an induction pack containing details of the roles and responsibilrties of directors, a copy of the charily's memoiandum and articles ol asswiation. copies of internal monilollng arHI control documents and lull information about the charity's operations.
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee) TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024 ICONTINUEDI STRUCTURE. GOVERNANCE AND MANAGEMENT ICONTINUEDI Organisatlonal structure and decislon-making policies South Denbighshire Community Partnership has a board of directors of beNveen 6 Ilhe minimum) and 15 Ilhe maximum). which meet quarterty. Al Board Meetings reports are submitted by the project leaders in each function in which progress againsl expectation and any actual or potential issues are highlighted and addressed. 11 is the policy of the Board lo have the relevant members of staff presenl whenever matters of a non- sensitive nature are being discussed. The organisalion is periodicalty reviewed in order to be responsive to changing needs. This has includeol the setting up of an Executive Commrtlee in April 2022 to assist the chief officer in dealing with any urgent decisions which are subsequentty reported to the tr*)ard. We are flexible in our recruilmenl and working praciices to awmmodate part-time working. As an organisalion we are fully commilled lo a fair employment poIY which is nOn-diriminal0ry and sensitive to well-being and personal devek)pmenl. Related party relatlonshlps The charity works closely wrth local groups. organisations. and the thal authori(ies lo achieve ils aims of providing local facilities and services to prc4mole Sla1 welfare and community well-being. Risk management Any risks to which the charity is exposed. as idenlrfEd by the directors. are rewewed and systems established lo miligale those iisks. When determining the level ol risk that the charity faces the directors COnSKler a number of risk Categories, in particular., governance,. operational.. financial,. external,. and compliance with law and regulation. The directors accept that there afe risks that cannot be avoided if activities are lo continue, and they lake a¢lion lo Mrtate such risks by. fot example. implementing internal financial control systems. ensuring adequate insurance cover is in place, employing professionals lo advise on employment law, human sOUrceS and health and safely. and ensuring disasler recovery plans are in place. PLANS FOR FUTURE PERIODS We are in negotiations with a number of funders about new projects ar¥J extensK)ns lo existing projects. The ending of the COVID pantlemic has allowed us lo ref$ on new areas ol need and in particular we are looking lo develop additional suprx)rt for Ihose who are suffering from the cost of living crisis.
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee TRUSTEES REPORT FOR THE YEAR ENOED 31ST MARCH 2024 ICONTINUEDI STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees (who are also the directors of the Chari(able Company for the purposes of company law) are responsible for prepaiing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting SlarHJards (United Kingdom Generally Accepted A¢counling Practice). Company law requires the Trustees lo prepare financial slalemenls for each financial period Under company law the Trustees must not approve the financial slalemenls unless they are satisfied that they give a true and fair view of the slate of affairs of Ihe Charitable Company and of ifs incoming sources and application of resources, including rts income and expenditu, for that period. In preparing these financial slalements, the Trustees are required lo.. select suitable accounting policies and then apply them consislentty", - observe the methods and principles of the Charities SORP IFRS 102),. make judgments and accounting estimates Ihat are reasonable and prLHlenl". slate whether applicable UK Accounting Standaids {FRS 102} have been followed. subject lo any matenal departures disclosed and explained in Ihe financial statemenls,. prepare the financial slalements on the going concern basis unless (( is inappropriate lo presume that the Charitable Company wll continue in business The Trustees are responsible for keeping adequate a¢counling records that are suffbcienl lo show and explain the Charitable Companls Iransaciions and disclose with reasonable accuracy at any time the financial position of the Charitable Company and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and herKe for takirig reasonable steps for the preventson and delectKJn of fraud and other irfegularities. INDEPENDENT EXAMINER Messrs Salisburys Accounlanls have expressed their willingness to continue as the Companls Independent Examiners and 11 be proposed for re-election at the AGM. Approved by order of the membets of the boartl of Trustees on and signed on their behalf by.. Michael McNamara. Chair Date:
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company Ilmlted by Guarantool INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST MARCH 2024 Independent Examiner's Report to the Trustees of South Denblghshlre Community Partnership {'the Charitable Company'l I report lo the charity Trustees on my examination of the accounts of the Charitable Company for the year ended 31 March 2024. Responsibilities and basis of report As the Trustees of the Charitable Company {and its directors for the purposes of company18w) you are responsible for the preparation of the accounts in accordance wlh the requiiemenls of the Companies Act 2006 Ilhe 2006 Act'i. Having satisfied myself that the accounts of the Charitable Company are not required lo be audiled under Part 16 of the 2006 Act and are elwJible for independent examination, I report in respect of my examination of the Charitable Company's accounts carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carying out my examination I have fo11th•d the Directions given by Ihe Charity CommissKin undei section 145{5)Ibl ol Ihe 2011 Act. Independgnt gxaminerfs statement Since the Charitable Companrfs gross incCe exceeded £250.000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confim that l am qualified to undertake the examination because l am a member of ICAEW. whh is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to bel¥& 1. accounting records were not kept in respect of the Charitable Company as required by section 386 of the 20( A¢l.' or 2. the accounts do not accord with those records: or 3. the accounts do not comply wth Ihe accounting requirements of section 3* of the 2006 Act other than any requirement that the accounts give a 'lrue and fairf view which is not a matter Considered as part of an independent examination.. or 4. the accounts have not been prepared in accordance wlh the meth$ and principles of the Slalement of Recommended Practice for accounting and report1ng by charities. I have no concerns and have crme ¥ross no other mallers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. This report is made SOlY lo the Charitable Companrfs Trustees, as a bcmyy, in accordance with Part 4 of the Charities (AOuntS and Reports) Regulations 2008. My work has been undertaken so that l rni9hl slate lo the Chaiilable Companrfs Trustees those matters l am required to slate lo them in an Independent examinerfs report and for no other purpose. To the fullest extent pemilled by law, I do not accept or assume responsibilrty lo anyone other than the Charitable Company and the Charilable Company's Trustees as a body, for my work or foi this report Signed Date 13.q.)o) A Roberts FCA Salisburys Accounlanls
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee} STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31ST MARCH 2024 Unrestricted Unrestricted Restricted funds funds funds General Designated 2024 2024 Total lunds Total funds 2024 398.131 2023 Note In¢omg from: Donations and legacies Charitable activities Investrnents 4.9 36,630 2,741 398,131 402,200 ,630 2,741 494,404 37,566 140 Total Income 43,440 398.131 441,571 532,110 Expenditure on: Charitable activities 121.456 358.129 479,585 449,154 Total Expendlture 121.456 358.129 479.585 449,154 Net (Expendlturel I Income (78.0161 40,002 - 38,014 82.956 Transfers between funds 14 131,245 (84.8621 146,383) Net movement in funds 53.229 84.862 6,381 38,014 82,956 Reconciliation of funds Total funds brought forward 83,388 137,500 110.622 331.510 248,554 Nel movement in funds 53,229 184,862) 16,3811 138,0141 82,956 Total funds carried forward 136.617 52,638 104,241 293,4 331,510 The notes on pages 11 to 24 form part of these financial slalements.
SOUTH OENBIGHSHIRE COMMUNITY PARTNERSHIP (A company limited by Guarantee) BALANCE SHEET AS AT 31 MARCH 2024 Note 2024 2023 FIXED ASSETS Tangible Assets 11 145.285 92.255 145,285 92,255 CURRENT ASSETS Debtors Cash al bank and in hand 12 8,642 149.647 158,289 75.450 201,203 276,653 Credrtors.. amounts falling due wthin one year 13 10,078 37,398 NET CURRENT ASSETS 148.211 239,255 TOTAL ASSETS LESS CURRENT LIABIUTIES 293,4 331,510 TOTAL NET ASSETS 3,496 331.51 D CHARITY FUNDS Restricted funds 1.11. 14 104.241 110,622 Unrestricted funds 1.11 189.255 220.888 TOTAL CHARITY FUNOS 293,4 331,510 The Charitable Company was entitled to exemption from audit under seclw)n 477 of the Companies A¢1 2006. The members have not required the company to obtain an audit for the pericxl in question In accordance with section 476 of Companies A¢1 2006. The Trustees a¢knowledge their responsibilities for comptying wth Ihe requirements of the Act with respect lo accounling records and preparalion of financial slalements. The financial slalements have been prepared in accordance wlh the provisions applicable lo entities subject lo the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Michael McNamara. Chair Dale The notes on pages 11 to 23 form part of these financial slalemenls. 10
SOUTH OENBIGHSHIRE COMMUNITY PARTNERSHIP {A company limited by Guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Accounting policies 1.1 Basis of accounting The financial slalemenls have been prepared in accordance with the 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 IFRS 1021 (issued in October 20191 ICharilEs SORP {FRS 10211, the Financrdl Reporting Stsndacd applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Acl 20r South Denbighshire Communtty Partnership meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historul cost or Irartrsaction value unless otherwise slated in the relevant accounting policy. 1.2 Income All income is reeognised once the Charitable Company has entitlement to the income, rt is probable that the income will be received and the amount of incCe leNable can be measured reliably. Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entillemenl lo the funds, any perfomance condilK)ns aliached lo the grants have been mel, f( is probable that the income will be received and the amount can be measUd reliably and is not deferred. Other income is recognised in the period in whth il is receNable and lo the extent the goods have been provided or on coMplet)n of the service. 1.3 Expenditure Expenditure is wognised once there is a legal or conslruclwe obligation lo transfer econombc benefit lo a third party, il is probable that a Iransfer of economic benefrts will be required in selllemenl and Ihe amount of the obligation can be measure(I reliabty. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of direct costs and shared costs, including support costs involved in undertaking each activily. Direct costs allribulable lo a single a¢liwty are allwaled directly to Ihal activity. Shaied costs which conlribule lo more than one aclivily and support costs which are not atlribulable lo a single acliwly are apportioned between those activities on a basis consistent wrth the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges allwaled on the portK)n of the asset's use. Expendilure on charrtable activities is incuired on directly undertaking the aclThirties which further the Chafilable Companys objectives. as weu as any assocrdted support costs. Irrecoverable VAT is charged as a cost against the activity for which the cxpendilufe was incurred. 1.4 Interest receivable Inlerest on funds held on deposi( is included when e1Vable and the amount can be measured reliably by the Charitable Company.. this is rbormally upon nolificalion of the inleresl paid or payable by the Inslilulion with whom the funds are deposited_ 11
SOUTH DEN81GHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Accounting policies (continued) 1.5 Tanglble fixed assets and depreciation Tangiblè fixed assets costing £5DO or more are capitalised and recognised when fulure economic benefits are probable and the st or value of the asset ean be measured reliably. Tangible fixed assets are ini(ialfy recc>anised al cost. After recognition. under the cost model. tangible fixed assets are measured at cost kss a¢¢umulaled depreciation and any aUmUlated impairment losses. All costs incurred to bring a tangible fixed asset into ils intended working condition shoukl be included in the measuremenl of wsl. Depreciation is charge(I so as lo alltK*e the cost of tangible fixed assets le5S their residual value over IheiT eslimaled useful lives. Depreciation is provided on the foltrjwing bases.. Freehold property 2.5Qh slraKJht line Motor vehicles 20Qh straight line Fixture5 and fittings 20¥0 Straight line Computei equipment 25% straight line Building improvements 100/0 Straight line 1.6 Debtors Trade and other debtors are recLyJnised al the settlement amount after any trade discount offered. Prepayments are valued at Ihe amount prepaid net of any trade discounts due. 1.7 Cash at bank and In hand Cash al bank and in hand inclvdes cash and short4emi highty liquNJ investments with a short maturi(y of three months or less from the dale of acquisitn or opening of the deposit or similar account. 1.8 Liabilities and provisions Liabililies are re¢oJnised when Ihefe is an obligation al the Balance sheet dale as a result of 8 past event. il is probable that a transfer of economic benefit will be required in settlement, and the amount of the selllement can be estimated reliably. Liabilities are recognised al the amount that the Charitable Company anticipates rt will pay lo sellle Ihe debl or the amount it has received as advanced payments for the goods or services il must provide. Provisions are measured al the best estimate of Ihe amounls required lo settle the obligation. Where the effect of Ihe lime value of money is malellal. the provision is based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the risks specific ID the liability. The unwinding of the discount is rogniSed in the Slalemenl of financial activities as a finance cost. 1.9 Flnanclal instruments The Charitable Company only has financial assels and financial liabilities of a kind Ihal qualify as basi¢ financial inslrumenls. Basic financial instruments are initially recognised at Iransaclion value and subseqLJenlly measured al their selllemenl value wlh the ex¢eplion of bank loans which are subsequently measured al amortised cost using the effective inleresl method. 12
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guaranteg) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Accountlng pollcies Icontlnuedl 1.10 Pensions The Charitable Company operates a defined conlribution pension scheme and the pension charge represents the amounts payable by the Charitable Company to the fvnd in respect ol the year. 1.11 Fund accounting General funds are unreslricled funds which are available for use al the discretion of the TrLJslees in furtherance of the general objectives of the Chanlable Company and which have not been designated for other purposes. Designated funds are those general funds which the Trustees have idenlrfied as being sel aside lo fund specific future projects and costs. Reslricled funds are funds whKh are lo be used in accordance %wth spe¢ifK restri¢lions imposed by donors or which have been raised by the Chari(able Company particular purposes. The costs of iaising and administering such funds are charge(l against the specific fund. The aim and use ol each reslricled fund is set out in the notes lo the financial slalements. Investment income, gains and losses are all¢xaled lo the appropriate fund. General Infomiallon The Chariiable Company is a company limrted by guarantee. The members of the company are the Trustees named on page 1. In the event of Ihe Charitable Company being wound up, the liability in respect of the guarantee is limited lo £1 per member of the Charitable C¢)mpany. Income from Donatlons and Legacies Unrestrfctgd Funds Restricted Funds Total funds 2024 2024 2024 Donations Grants 4,(9 4,9 398,131 398,131 4.069 398,131 402,200 Unrestricted Restricted Funds Funds Total funds 2023 2023 2023 Donations Grants 4.392 829 4.392 490,012 489, 183 5.221 489,183 494,404 13
SOUTH DEN81GHSHIRE COMMUNITY PARTNERSHIP IA company limiled by Guarant¢e} NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Income from charitable activities Unrestrlcted Restricted Funds Funds Total funds 2024 2024 2024 Charrtable activities 36.630 36,630 36,630 36,630 Unrestricted Restricted Funds Funds Total funds 2023 2023 2023 Charftable activities 37,566 37,566 37.566 37,566 Inveslmenl Income Unrestricted Restrlcted Funds Funds Total funds 2024 2024 2024 Investment income 2,741 2.741 2.741 2,741 UnStriCted Restricted Funds Funds Total funds 2023 2023 2023 Investment income 140 140 140 140 14
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Analysls of expendlture on charltsble actlvitles Summary by fund type Unrestricted Restricted Funds Fund$ Totsl funds 2024 2024 2024 Charitable costs 121,456 358,129 479,585 121,456 358,129 479,585 Unrestricted Restrlcled Funds Funds Total funds 2023 2023 2023 Charitable costs 56,638 392,516 449, 154 56, 638 392,516 449, 154 Summary by fund typg Stafl costs Depreciation Other costs Total funds 2024 2024 2024 2024 Direct costs 247.024 24,328 208.233 479,585 Staff costs Depreciation Other costs Total funds 2023 2023 2023 2023 Direct costs 235.349 36,853 176,952 449, 154 15
SOUTH OENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Charitable costs Total Total 2024 2023 Vehicle costs and travel Cai lease payments Energy Water Insurance Repairs and cleaning Telephone and internet Printing, postage and stationery Recruitment costs Computer and IT costs Legal and professional fees A¢¢ounlancy Sundry expenses Training costs Consuliancy costs Activity costs Cilizens Advice wsls Marketing Bank charges Licenses Wages and salaries National insurance Pension costs Depreciation 15,065 7.948 8.961 1.092 2,756 23.203 995 4.072 104 12.279 2.259 3.100 1,511 4,(1 1,950 109,357 26,806 2.107 347 986 211.895 10.726 3.677 24.328 17,838 8,158 8,186 142 4,598 6,709 1,029 3,150 2.094 10.628 5.526 3,404 931 91,854 23,502 2,589 660 722 201.105 13,197 3,215 36,853 479,585 449, 154 16
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company Ilmlted by Guaranteel NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Net Income I IExpenditurel for the year This is staled aftei eharging.. 2024 2023 Operating leases - equipment Depreciation Independent Examinerfs fees 7,948 24.328 3,100 8,158 36.853 3,404 Staff Costs 2024 2023 Wages and salaries Social security costs Other pensions costs 211,895 10.726 3.677 201105 13, 197 3,215 226,298 277,517 The average number of persons employed by Ihe charitable company during the year was as follows.. 2024 No 2023 No 10 Trustees. remuneration and expense5 During the year, no Trustees receNe(l any remuneration or other benefrts {2023 - £NILI An amounl of £8.465 {2023 £1.4601 was paid to Nicholas McNamara in the year, the son of Michael McNamara a director of the company. This was for work carried out al Canollan Ni and the Pengwern Centre and was conliacled al mathet rates. 17
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP {A company limited by Guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 11 Tangible assets Fixtures Freehold Motor & Computer Building property vehicles fittings equipment improvements Total Cost or valuation Al 1st April 2023 50,000 73.373 52,242 16.056 145,018 336,689 Additions Disposals 75.942 1,416 77,358 Al 31 March 2024 50.000 149,315 53.658 16,056 145.018 414,047 Depreciation Al 1st April 2023 12,109 39,251 42.038 6.020 145.016 244.434 Charge for the period Disposals 1,252 14,674 4.616 3,784 24,328 Al 31 March 2024 13,361 53,925 46,654 9.804 145,018 268,762 Net Book Value Al 31 March 2024 36,639 95.390 7,004 6.252 145,285 Al 31 Mah 2022 37.891 34, 122 10,204 10.036 92,255 12 Debtors 2024 2023 Due within one year Trade debtors Other debtors Prepayrnents and accwe(l income 1,362 60,500 7,280 74,950 8.642 75,450 13 Creditors: amounts falling due within one year 2024 2023 Trade cfeditors Olher laxalion and 50ei8l securty Other creditors Accruals 1,511 3,804 1,374 3,389 27,865 2.877 46 6,610 10,078 37,398 18
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company Ilmlted by Guaranto91 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 14 Statement of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Unrestricted funds Designated funds General funds 137.5CKJ 83,388 184,8621 131,245 52,638 136,617 43.440 121.4561 220.888 43.440 121.456 46,383 189,255 Restricted funds- Revenue NLCF Round 2 and COL uplift BSSG EdeyrnK)n BSSG Llangolkn COGOG BCUHB ICAN Coordinator BCUHB ICAN Activitie DCC Pengwern coordinator DCC Social Isolalion Fund DCC Warm space DCC Cost of Living support CFW Rent for Pengwern Hub 46,805 1.600 82,980 70.685 50,073 12,309 33.830 26,209 32.442 2.180 6,537 {150.4411 {46,8421 126,0321 19,6991 132,000) 115,701) 129,569) {2,180) 16.367) 16.408 2,544 19.176 125,4431 124,0411 {2,6101 11.830} {10,0001 12.8731 1.480 871 1,379 {1701 1.408 15.t 5.000 - 2,456 Restrlcted funds - Capital NLCF Climate Top up fund Morrisons grant Community Foundation WaS grt Minibus BCUHB ICAN Prqed Capital DVSC Winter Pressures L&D Llangollen Rolary Molobilily vehicles 3.122 8,374 2,465 13.033 990 6.616 11.746 11,9311 14,8761 11.3131 16,8001 1636) {1,7931 12.9991 1,191 3,498 1,152 6,233 354 4,823 8,747 75,887 75.887 110,622 398,132 358,131 46.383 104,240 331,510 441.572 479.587 293,495 19
SOUTH OENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 14 Stalement of funds Icontinued) Statement of funds - prior year Balance at 31 March 2023 Balance at l Apnl 2022 Income Expenditure Transfers in/out Unrestrieted funds Designated funds General funds 137,500 32,053 105.447 137.500 83.388 220,888 129,1 $2 42,927 129.152 42.927 56,638 56.638 Restricted funds- Revenue NLCF Round 1 NLCF Round 2 NLCF Cost of Living uplrft BSSG EdeyrnKJn BSSG Llangollen DCC Volunteer DrNers Scheme COGOG BCUHB ICAN Cooidinator BCUHB ICAN A¢livfties BCUHB ICAN Extension BCUHB Covid 19 Transilion Fund DCC Pen9wern coordinator DVSC social isolation DCC Househo Support Fund DCC snack packs DCC Cost of Living support CC Electric Car Club Energy Lal BCVHB Communily Hub DVSC Winter Pressure CFW Wellbeing Wednesday Tesco funding DVSC Youth 2.000 12.000 142,731 49.000 10.000 45,842 10.000 47,021 13.691 44.397 33.000 25.000 2.000 {6,9211 60,000 12,018 2.180 2,395 2,640 15,000 {2.OCKI) 1130.2551 119.9611 {6.7101 {29.0181 126,824} {23.4221 133.599} {13,8191 1,728 {30.2031 114,194} 133.5531 553 114.129) 110,0001 4,921 146,339) {13.6611 112,620) 602 {2.180) {3,5131 12.5841 4,515 42,290 871 1.118 1561 15,000 1940} 96 {3181 298 11,1411 1631 253 1961 318 1,744 3,830 500 1,900 250 (2.292) {2.689) {4371 {2,1531 Restricted funds- Capital CFAP grant NLCF Climate Top up fund Morrisons grant Community Foundation Wales grt Minibus BCUHB ICAN Project Capital DVSC Winlei Pressures L&D Llangollen Rotary 6,435 5,053 13.250 3.778 19,833 1,626 9.272 14,745 119,402 489, 184 {13.2941 (1,931) (4,8761 (1.3131 {6.8001 16361 12.6561 2,999 392,517 6,859 3,122 8,374 2,465 13,033 990 6,616 11,746 110,622 105.447 248.554 532. 111 (449, 155J 331,510 20
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guarantee} NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 14 Statement of funds Icontlnued) Revenue Projects Natlonal Lottery Community Fund Rural Development Fund Round 2 enabled the exiensKJn of Ihe Round 1 project, Your Place or Ours, eovering 8 wder geographal area and an extension lo the Your Place or OUTS project. This project has now been exiended lo 31 March 2025 from our own funds. Welsh Government- Bus Setvices Support Grant IBSSGI BSSG Edeyrnion prowded funding foi the operation ol a community transport including salary costs, vehicle rllainlenance and operalino costs across the Ederynion ale8. BSSG Llangollen funding enaNed the expansion ol a community transport provision including, salary costs, veht¢le Mainlenan and operaling Costs. to LIangoIn and ils environs. BSSG Volunteer driver scheme provides a dial a ride service, for those with Concessionary bus Passes in Mid Denbighshire wrth Communiiy Volunteer Drivets using their own VehleS lo increase 8ccess to services where the Local Authority is unable to operale a viable bus service. Volunteer drivers are reimbursed mileage expenses. Betsi Cadwaladr University Health Board {BCUHB) BCUHB ICAN project enabled the devebpment of a Network in South Denbighshiie lo support Mental Health wellbeino in and funded a cwrdinalor post and A¢lMlies. Donbighshire County Council IDCCI Pengwern Hub - Llangollen. Fundino lo provide a paid ccxnmunity co-ordinator to devekjp the centre in line with community consuttantion resutts_ DCC Househokl Support Fund- FOCMI Poverty Grant to assist in the allemation of food poverty. Cost of L Thiing Support ILevelling Up Grant) - Cost of LNing Support is being used to prov& resources lo reduce declricity costs for the mosl vulnerable and address the'Eat or Heat" pressures Warm Space Hubs- Funding lo expanding our provision in Llangollen to include a diopin Warm Spe in the cenlre of Llangollen and another al the Pengwern Hub Community Foundation Wales This project will piovide increased access to a warm and friendly meeting place and actwilies for socially and physically isolated and ecOnomallY inactive people in Llangollen. 21
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA company limited by Guaranleg) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 14 Statement of funds Icontinuedl Capital Projects The Cfap grant was for the refurbishment of Canolfan Nl. NLCF Climate lop up fund provided a grant lo pay for the capital cost of installing solar panels 81 the partnership's bu11ng Canolfan Nl. Morrisons have provided a grant towards the capital Cost of buying a new delivery vehicle for hol and cold food - 'meals on wheels.. The Community FoUndatn Wales grant was received towards the capital cost of krtchen equipmènt. The rllinibus fund represents a gift in kind from DenbwJhshire County Council. finance(I by Ihe Council's Bus Service Support Grant. The BCUHB ICAN capital fund was a strand of the ICAN project that was used lo pay for a new DVSC Winter Pressure L&D ¢apf(al funds are sponsored by Belsi Cadwaladr Universrty Health Boaid and distributed by Denbighshire Voluntary Semces Council. The money was used to provide new IT equipmenl for an IT surte available lo Sere users. LL3ngollen Rotary have donated a Vauxhall Maxi Caddy Vehic for use in the Llangollen dial a ride scheme taken over by SDCP in the year. Molobility provided funds fof the purchase of 2 vehicles 15 Summary of funds Summary of funds- currentyear Balance at 31 March 2024 Balance at 1 Aprll 2023 Income Expenditure Transfe inlout General funds Reslricled funds 220.888 43.440 11 D.622 398.132 331.510 441,572 1121.456) 1358,131 1479.5871 46.383 146,383 189.255 104.240 293,495 Summary offunds- prioryear Balance at 31-Mar 2023 Balance at l April 2022 Income Expenditure Transfers in/out General funds Reslricled funds 129, 152 42,927 119,402 489, 184 248,554 53?. 111 (56,638) 392.517 449. 155 105.447 105.447 220,888 110,622 331,510 22
SOUTH DENBIGHSHIRE COMMUNITY PARTNERSHIP IA coiTrpariy liinited by Guaranteel NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 16 Analysls ol net assets between lunds- cuffent year Unrestricted Restricted Funds Funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due within one year 41.663 156.498 110.07n 103.622 1.791 145.285 158.289 110.0781 188,084 105.413 293,4 Analysls of net assets between funds- prlor year Unrestricted Rèstrict•d Funds Funds 2023 2023 Total funds 2023 Tangible fixed asseis Current assets CredItS within one year 46.377 45.878 181.782 94.871 {7.2711 {30, 127J 92.255 276,653 (37,398) 220.888 110.622 331.510 17 Pension ¢ommitments The th8rity paid £3.S77 Into a pension sd*me (kJriNJ the year121Y23 £3,215). 18 R•lated party transactlons Thertr werè no related party transactions during Ihe year, other Ihan as disdosed in nole 10 to 23