Company registration nurnber.. 07487367 Charity registration number: 1150823 Epic Partners (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended i l March 2024 CommuIiity Accounting Plus Units l & 2 North West 41 Talbot Street Nottinu NGI 5GL
Epic Partners Contents Reference and Adminlstrative Delails Trustees, Report 2to5 Independent Examine¢s Report Statement of Financial Activities 7t08 Balance Sheet 9tolO Notes to the Financial Statements I to21
Epic Partners Reference and Administrative Details Trustees Andrew Paul Sloan. Vice Chair Jane Swingler. Chair Joanna Temple Antony Rhodes Debi Heath French Helen Stevens Kingstun Nelson Peter Bewley, Chief Executive Officer Kevin Brown, Chief Operations ol¢er Stephanie Blanksby. Chief Finance oifjcer Senior Management Team Charity Registration Number 115082) Company Registration Number 07487367 Registered Office The Oliver Hind Youth Club Edale Road Sneinton Nottinghamshire NG2 4HT Independent Examiner John O'Brien. employee of Community Accounting Plus Units l & 2 North West 41 Talbot Sireet Nottingham NGI 5GL Page I
Epic Partners Trustees, Report The trustee5, who are director5 for the PUTPOSe5 of company law. present the annual report together with the financial statements and auditors, report of the charltable company for the year ended 31 March 2024. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Tnte¢S.. Andrew Paul Sloan, Vice Chair Jane Swingler. Chair Joanna Temple Emma Luca5 (resigned 22 April 2024) Antony Rhode5 Debi Heath French Ellie Jennings (resioned 17 October 2023) Helen Stevens Neghat Khim (appointed 17 (ktober 20?) and resigned 29 July 2024) King5tun Nelson (appointed 22 January 2024) Structure* governance and management Nalure ofgoverning documenl The charity is a company limited by guarantee and registered charity. It is operaled under the rules of its memorandum and articles of association dated l O JiU8ry 201 l and most recentl)i amended 17 July 2013. It has no share capital and the liability of each member in the event of winding-up is limited to £1 O. Epic Partners applied for charitable status and this was approved on 14 February 201 J. Recruilmenl and appointmenl of Iruslees Trustees are nominated by current trnstees and elected via a vote. Objeclives and activities Objects and ain The charity's objects are specifically restricted to the folloiving= For the benefit of the public to undertake such elclusively charitable objects or Purposes in the United Kingdom as the directors in their absolute discretion Shall think fit includin but not limited to the follo,ing." l. the advancement of education of Children, young people and adults in St Ann's, Sneinton and surrounding areas in Nottingham; 2. the promotion of Community cohesion in Si Ann's. Sneinton and surrounding areas in Nottingham. the promotion of, for the benefii of the inhabithnts of St Ann's. STJeinton and surrounding areas in Nottingham, the provision of facilities for recreation, sport or other leisu time occupation of individuals who have need of such facilities by reason of their youth. age. infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. 4. the relief of sickness and the preservation of the health of the people residing in St Ann's, Sneinton and surrounding areas in Nottingham, and. 5. the promotion, for the benefit of the public, the conservation protection and improvement of the physical and natural environmeni, particular in and around St Ann"s, Sneinion and surroundlng areas in Nottingham. Page 2
Epic Partners Trustees, Report ObjeLtive5, slrategie5 and activilie5 Epic Partners undertakes a variety of activities to meet its charitable objectives-. l. We provide educational support and progrdmmes for children. young people. and adults in St Ann's, Sneinton and surrounding areas in Nottingham. This includes after-school activities and clubs. mentorship programrnes, and workshops to enhance leaming and development. 2. Promotion of Community Cohesion". We organise community events, workshops, and activities designed to bring together diverse groups within Si Ann's, Sneinton and surrounding areas in Nottingham, fostering a sense of unity and shared purpose. These initiatives help bridge social divides and strengthen community bonds. 3. Provision of Recreational Facilitie5.' We offer facilitie5 and prograTnmes for recreation, sport, and other leisure activities. These are particularly targeted at individua15 who need them due to youth, age. infirn]ity, disability, financial hardship, or social and economic circumstances. Our sports programmes, youth clubs, and leisure activities promote physical health and Social engagemenL enhancing the quality of life for local residents. 4. Relief of Sickness and Health Preservation- We ruv] health and 'elInesS Programme5 airned at improving the physical and mental health of resident5 in St Ann's. Sneinton and surrounding area5 in Nottingham. This includes health education: fitness classes, mental health support groups. and partnerships with healthcare providers to offer screenings and health services. 5. Environmental Conservation and Improvemenl: We engage in activities that promote the conservation, protection, and improvement of the physical and nalural environmenl in and around S( Ann's, Sneinton and surrounding areas in Nottingham. Thls includes community clean-up events, tree planting initiatives, and educational workshops on environmental sustainability. Through these comprehensive activities, Epic Partners strives to support and uplift the communities in St Ann's, Sneinton and surrounding areas in Nottingham: addressing educational needs, promoting social cohesion, providing recreational opportunities, enhancing health. and fostering environmentsl stewardship. Public benefil The activities undertaken by Epic Partners significantly benefjt the public in various ways. By providing educational support and programmes, we help children, young people. and adults improve their knowledge and skills, leading to better academic performance. increased employability, and greater opportunities for personal and professional groThth. This educational advancement empow'ers individuals to break the cycle of povew, and achieve their aspirations. Our communitv events and activiiies promote community cohesion, fostering a sense of belonging and mutual support arnong residents. By offering recreational. sports, and leisure facilities, we provide e55ential oiitlets for phvsical activity.. social interaction. av]d personal developtnent: particularli, for those facing financial hardship or social and economic challenges. Additionally.. our health initiatives contribute to the relief of sickness and the preservation of health. enhancing the overall 'ell-being of the communiti,. Lastly, our efforts to conserve and improve the physical and natural environment ensure a sustainable and pleasant living Space for current and future generations. The trustees confirm that they have complied '1th the requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Epic Partners Trustees, Report Achievements and performance Epic Partners is dedicated to supporting children. young people. and their families in St Ann's. Sneinton and surrounding areas in Nottingham to achieve their aspirations. Our efforts are particularly focused on individuals traditionally labelled as 'hard 10 reach., We develop and deliver projects aimed at bringing systematic change to perceptions and negativity in our communilies, adding value to schools and the community by supporting the most vulnerable children and families ihrough nurture groups and mentoring. We provide diversionary activities and clubs for children and young people. including sports, arts. and music. Additionallv, w'e support young people to better equip them to identifi, and solve the problems they face to progress in life. Epic Partners delivers mentoring and diversionary activities to children, particularly those deemed at high risk of involveinent in negative behavior and crime. Our diverse range of sporting, educational, and ¢atIve community activities are offered in the evenings and on week"ends, as well as during school holidays through the well-known Community Games. Our community activities include the Epic Partners Sports Academy. Girls Club, Rebound Thernpy, Health Hub, Sharks Swimming, Football League, )xi Basketball, Youth Club, Mini Games. and the Community Games Holiday Club. In addition to these a¢livities, we have supported 15 local schools with additional activities that enhance provision including. PE sessions, lunch and afterschool clubs. and providin2 mentoring support to children and young people. These initiatives aim to fosier community cohesion. improve health and well-being, and offer positive recreational opportunities, thereby enhancing the overall quality of life for our community members. Financial review Epic Partners maintains a stable financial position, ensuring ongoing supporl and impactful community services for children and young people. Over the last couple of years. we have been utilising reserves that were generated before covid and the cost-of-living crisis. Our main income stream has in the past been through grant funding. Plans established by our fance committee of Trustees and staff are in place to diversify income streams. Our reserves and budgets are reviewed regularly to ensure that we remain in our reserves policy. Poliry on reserves At all times we aim to have reserves that would cover our pajroll costs for 5 months, this is currently £140,000. Page 4
Epic Partners Trustees. Report Statement of Responsibilities The iruqiee.s (who are also the directors of Epic Partners for the purw)ses of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and Uniied Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 "The Fin2llciAI Repnrting Standard applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provision5 in the Companies Act 2006 relating to small companies. Company law requires the tte¢S to prepare financial statements for each financial year. Under company law the lste¢S must noi approve the financial 51atcTncnts unless ihey are satisfied that they give a tnjc and fair vicw of the stale of affairs of the charitable wmpan}' and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for thai period. In preparing these financial siaiemenis, th¢ trnsiees are required 10- selert suitable accounting policies and apply them consistently; ob5crYc thG rn¢thods and principlc5 in th¢ CharAtACS SORP. make judgements and estimal¢s that are reasonable and prudent; state whether applicable accounting standards. eomprising FRS 102 have been followed, qiihject tn any material departures disclosed and explained in the financial sthtrments. and prepare the financial statements on the going concern b&sis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are re5winsible for keeping Proper accounting records that can disclose with reasonable accuracy at ny time the financiAI pnqitic)n nf the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are a150 r¢sponsible for safeguarding the ass¢ts of the charitable company and hence for taking reasonable steps for the prevention and dete10n of fraud and other irregularities. The jSees are re5por15ible for thc mdinlrn¢L¢ ¢uid iiiir¥riLy uf iorporai¢ ld fli1}Cial inforniation included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may dtffer from legislation in other jurisdictions. Small companies provision statement This repon has been prepared in accordance with the small companie5 regime under the Companies Act 2006. The annual report was approved by the trustees of the charity on . 1111112024 and signed on its behalf by: Andrew Paul Sloan Trustee elen Stevens Trustee Page 5
Epic Partners Independent Examiner's Report to the trustees of Epic Partners ('the Company,) Independent examiner's report lo the trustees of Epic Partners ('the Compan),) L report to the charity trustees on my examination olthe accounts of the company for the year ended 31 March 2024. 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 satlsfied myself that the accounts of the CompaT]y 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 Aci 2011 ('the 2011 Act,). In carrying out iny examination I have follom'ed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement Since the Company's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 201 l Act. I confinn that l am qualified to undertake the examination because l am a rnember and Fellow of the Association of Charitv Independent ExaTniner5. which is one of the listed bodies. I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe that in any vnaterial respect- accounting records were not kept in respect olthe Company as required by section )86 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 i96 of the 2006 Act other than any requirement that the accounts give a 'true and faiP 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 conneclion with the examination to which attention should be dra in this report in order to enable a proper understanding of the accounts to be reached. John O'Brien Msc, FCCA, FCIE, employee of Community, Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 1111112024 Page 6
Epic Partners Statement of Financial Activities for the Year Ended 11 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities Investment income 1,679 133,109 4.581 11,679 337,806 4,)81 3,521 346,981 2,361 204,697 Total Income 149,369 204,697 354.066 35? 863 Expenditure on: Charitable activities (218.626) (187.481) (406,107) (432,826) Total Expenditure (218.6?6) {187.481} (406,107) (432,826) Net (expenditure)/income (69,?57) 17,?16 (52,041) (79,96)) Net movement in funds (69,257) 17,216 (52,041) (79,963) Reconciliation or funds Total funds brought fonvard 215,J49 ?38,917 J18,880 Total funds carried fonvard 14 146,092 40.784 186,876 238,917 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 14. The notes on pages I I to 21 form an integral part of these financial statements. Page 7
Epic Partners Statement of Financial Activities for the Year Ended 11 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous accounting period and are included for eomparative purposes Unrestricted Restricted Total funds funds 2023 Note Income and Endowmenls from: Donations and legacies Charitable activities Investment income 141,6)6 2,361 205,345 J46,981 2,361 Total income 147,518 205,345 352,863 Expenditure on: Charitable activities (216.951) (215.875) (432.826) Total expenditure (216,951) (215,875) (432.8?6) Net expenditure Transfers between funds (69,43)) 678 (10.530) (678) {79,963) Net movement in funds (68.755) (11.208) (79,96)) Reconciliation of funds Total funds brought fonvard 984,104 34,776 318,880 Total funds carried forward 14 215,349 23,568 238,917 The notes on pages I I to 21 form an integral part of these financial statements. Page 8
Epic Partners (Registration number: 07487367) Balance Sheet as at 31 March 2024 2024 2023 ote Fixed assets Tangible assets io 3,659 4,093 Current assets Debtors Cash at bank and in hand 19,894 183,945 9,701 235,?17 12 203,8)9 244,918 Creditors: Amounts falling due within one year (20,622) (10,094) Net current assets 183,217 234,824 Net assets 186,876 238,917 Funds of the charity: Restricted income funds Restricted funds 14 40.784 23,568 Unrestricled income funds Unrestricted funds 146,092 215,349 Total funds 14 186,876 238,917 The notes on pages I I to 21 form an integral part of these financial statements. Page 9
Epic Portners (Registration number= 07487367) Balance Sheet as at 31 March 2024 For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of tlie Companics Act 2006 ielating to small companies. Directors, responsibilities: The member5 have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial ststements have been prepared in accordance with the special provisions relating to companies subjcct to thc Small ¢ompani¢s r¢gimc within Part 15 of thc Companics Act 2006. The finAnciAI .%tAtementq nn pages 7 ts) 21 were approved by the trnstees. and authorised for issue on 1111112024 and signcd on thcir khalf by: Andrew Paiil Sloan TtU5tc Helen Stevens Ttust¢ Thc notcs on pag¢5 11 10 21 fortn an integral pan of thc5c fllwiLial s(1clS. Page 10
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 l Accounting policie5 Sumtnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been con51Stently applied to all the years presente(L unless oihenvise Stated. Staten]ent of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland {FRS 102)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation Epic Partners meets the definition of a public benefit enlity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaciion value unless otherwise stated in the relevant accounting policy notes. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Exemption from preparing a cash flow slatement Under the exemption available to smaller charities the Board of Trustees ha5 chosen not to include a Statement of Cash Flows ithin the financial statements. Income and endowments Voluntary income including donations. gifts. legacies and grants that provide core fuvjding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with suificient reliability. Donations and legocies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfomance by the charity before the charity is entiiled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fiilfilment of those conditions is wholly within the control of the charity and it is probable that these conditions .111 be fulfilled in the reporting period. Inveskmenl income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Pagell
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that agregate similar costs to ihat category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on ihe spread of staff costs. Charitable activilies Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exernpt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gain5 Act 1992. to the extent that such incom¢ or gain5 are applied ¢xclu5ively to charitable purposes. Tangible fixed asset5 Individual fixed assets costing £500.00 or more are initially recorded at cost. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life a5 follows- Asset class General equipment Computer equipment Depreciation method and rate 20% reducing balance 200/0 straight line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfornied in the ordinary course of busin¢ss. Trade debtors are recognised initially at the transaction price. They are subsequentl}, measured at amortised cost using the effective interest method, less provision for impairnient. A provision for the impairrnent of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original ternis of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other 5hort-tern] highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Page 12
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as cuent liabilities if the charity does not have an unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an uncondilional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective inlerest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustee5' discretion in furtherance of the objective5 of the charity. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income fund5 are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions The charity operates a defined contribution pension scheme for emplovees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year. 2 Income from donations and legacies Unrestricted runds General Total 2024 Total 2023 Donations and legacies; Donations from companies, trusts and similar proceeds 11,679 11,679 3,521 11,679 11.679 3 Income from ¢hari12ble aclivilies Unrestricted funds General Reslricted funds Total 2024 Total 2023 Commission Grants & donations Sundry income 133,109 133,109 204,697 141,486 205,345 150 204,697 lJ3,109 204,697 JJ7,806 J46,981 Page IJ
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 4 Grants & donations Unrestricted funds Restricted funds Total BBC Children in Need Place5 for People People's Health Trust Sport England The Renew'al Trust Pentland Brands Ltd Framework Housing Association Sports Leaders St James, Place National Grid National Lottery Community Fund Nottinu .ham City Council Notts Police Semble Network Edge PS Countryside Partnerships Datalink 41,355 23,900 3,719 10,268 16,540 8,313 19,800 2,482 2,259 6,690 9,580 52,956 2,335 3.000 41,355 23,900 3,719 10,?68 16,540 8,313 19,800 2,482 2,259 6,690 9,580 52,956 2.335 3,000 4.232 3.500 2,000 1,000 500 1,947 2,000 Nottingham College Golf Foundation Sundry grants & donations ,000 500 1,947 11,679 204,697 216,376 5 Investment income Unrestricted Total 2024 Total 2023 General Interest receivable and similar income- Other interest receivable 4.581 4,581 2,361 Page 14
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 6 Expenditure on charitable activitie5 Unrestrieted funds General Restrieted funds Total 2024 Total 2023 Activities & trips Equipment, repairs & renewals Marketing & advertising Hospitality & refreshments Insurance IT equipment & support Legal & professional Uniforn]s General admin Printing, postage & stationery Recruitment Rent & venue hire Travel Training Sundry payments Telephone Outsourced work fees Card transaction fees Wages, Nl & pension Removal costs Depreciation 4,121 9,733 4,121 9,733 460 10.696 1.638 5.824 7.655 1,284 865 285 180 20,162 689 13,093 531 942 467 1.835 5,119 4,846 1,004 65 10,696 1,6)8 5,574 7,655 250 1,284 865 285 180 13,240 594 906 18,678 474 6.922 95 2,004 590 2,594 2,930 304 1,599 609 184,550 609 )J7.945 153,395 J76,552 960 1,023 1.067 1,067 218,626 187,481 406,107 432,826 7 Net incomingloutgoing resources Net outgoing resources for the year include- 2024 2023 Depreciation of fixed assets 1,067 1,023 Page 15
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 8 Staff costs The aggregate payroll costs were as folloivs= 2024 2023 Staff costs during the year were: Wages and salaries Social security costs Pension costs 312,411 19,280 6,254 350,000 21,405 5,147 )37,945 376,552 The monthly average number of persons (including senior management team) employed by the charity during the y.ear was as follows= 2024 2023 Average number of employees 19 16 11 (202J I l) of the above employees participated in the Defjned Contribution Pension Schemes. Contributions to the employee pension 5cheme5 for the year totalled £6,254 (2023 - £5,147). No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £105,833 (2023 - £141,210). 9 Charitv status The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 O towards the assets of the charity in the event of liquidation. Page 16
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 10 Tangible fixed a55ets General equipment Computer equipment Total Cost At l April 2023 Additions 5,074 3.044 8,118 At i l March 2024 5,707 8.751 Depreciation At l April 2023 Charge for the year 609 609 4,025 1,067 458 At 31 March 2024 3.874 1.218 5,092 Net book value At 31 March 2024 ,83i 1,826 i.659 At J l March 202J .658 2.435 4,093 11 Debtors 2024 2023 Trade debtors 19.894 9.701 12 Cash and Cash equivalents 2024 2023 Cash on hand Cash at bank 26 183,919 26 235,191 183,945 235,217 13 Credilors: amounls f211ing due within one year 2024 2023 Trade creditors Other taxation and social Security Other creditors Accruals 6,047 11,352 1,135 2,088 1,620 6,165 2,309 20,622 10,094 Page 17
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 14 Funds Balance at I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestricted funds General General Fund 75.349 149,369 (218,626) 6.092 Desigiialed Contingency Fund 140,000 140,000 Total unrestricted funds 215,349 149,369 (218.626) 146,092 Restricted funds Keep Calm Get Active Money Matters People'5 Health Trust Golf Foundation HAF 202J Hays Travel Foundation Water Safety Mansfield Building Society Aw'ards for All National Grid Million Hour5 The Renewal Trust HAF 2024-25 Sports Leaders Include Project Garfield Weston Foundation Framework Housing Association 32,908 1.000 3,719 500 i),942 (32,908) (750) (3,719) (500) ()3.942) (J.42)) (2.796) (6,762) (9,130) (6,690) (9,580) (16.541) 250 8,31) 5,892 6,762 9,liO 6,690 9,580 16.541 6.932 9,929 12.082 (9,929) (7,199) (J,878) 4,883 SSBC Nottingham College Notts Police Community Support Pool Table Resilience Programme Warni Spaces Sir Robert McAlpine Sport England St James Place 19,800 1,000 2.335 12.500 400 (19.800) ( 1,000) (2,335) (2,299) (400) (10.000) (667) (1,185) (2,048) 10,201 i 0.000 1.000 1,815 8,219 2,259 10.267 2.259 Total restricted funds 23,568 204,697 (187,481) 40,784 Total funds 2J8,917 J54,066 (406,107) 186,876 Page 18
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the funds are to be applied are as folloivs: Keep Calm Get Active- providing a young persons mentoring programme- Money Matters: to support numeracy education for yOLmg people. People's Health Trust: funding for social action projects- Golf Foundation,. for the purchasing of golf equipment. HAF 2023- funding towards holiday activities in ?0?3= Hays Travel Foundation. to support sport equipment purchases- Water Safety - Speedo. drowiing prevention si4'imming programme. Mansfield Building Society- contribution funding to support running costs for community activities- A'ardS for All- after school activities- National Grid. supporting youih club and equipment- Million Hours; funding toward youth clubs. 11-18 year old; The Renewal Trust; area based grant for youthwork sessions. HAF 2024-25- funding towards holiday activities in 2024-25- Sports Leaders - supports young people to gain coaching qualifications while volunteering- Include Project- supporting at risk pupils in schools frorn exclusiov]- Garfield Weston Foundation: COVID-19 Help Project- Maths, English. ESOL, CV - back to work project. FrameM.ork; small steps for your English- Family Mentors volunteets ESOL support: Nottingham College. funding an pprenticeship: Notts Police; funding toward a JXJ basketball project: Community Support; supporting community activities: Pool Table,. purchase of a pool table- Resilience Programme- consulting on strategic aims- Warm Spaces; opening up building for wann spaces over winter; Sir Robert McAlpine- supporting young people to access youth club provision- Sport England. funding rebound therapy; St James Place; funding toward nlllning a girls club. Page 19
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 These are the figures for the previous accounting period and are included for comparative purposes Balance at 31 March 2023 Balance at I April 2022 Incoming resourees Resourees expended Transfers Unrestricted funds General General Fund 144,104 147,518 (216,951) 678 75,349 Designaled Contingency Fund 140,000 140,000 Total unrestricted funds 284,104 147,518 (216.951) 678 215,349 Restricted Keep Calm Get Active People'5 Health Trust Hays Travel Foundation Water Safety Mansfield Building Society Awards for All The Renewal Trust Sports Leaders Garfield Weston Foundation Framework Housing Association SSBC Angus LaTh'son Memorial Trust Nottingham City Council Boots Charitable Trust Enable Edward Cadbury Tst Nottingham Wesleyan Big Issue 7.977 6,909 32,908 13.016 (40,885) (19,925) (199) (),6?5) 3,423 375 6.762 9,130 4,000 6.762 9.966 (158) (41,32)) (9,639) (26,122) {678) 9.639 20,000 i 0,000 3,878 19,800 {19,800) (7,038) (9,526) (J,022) (8,11)) (20,000) 20,000 Total restricted funds 34,776 205,345 (215.875) (678) 23,568 Total funds i18,880 i52,86) (432,826) 238,917 Page 20
Epic Partners Iyotes to the Financial Statements for the Year Ended 31 March 2024 15 Analysis of net assets between fund5 Unrestricted 2024 Total funds General Designated Restricted Tanoible fixed assets Current assets Current liabilities 3,659 21,343 {20,622) 3,659 203,839 (20,6?2) 141,712 40,7&1 Total net assets 141,712 40,784 186,876 Unrestricted 2023 Total funds General Designated Restricted Tangible fixed assets Current assets Current liabilities 4,093 244,918 (10,094) 81,350 {10,094) 140,000 23,568 Total net assets 75,349 140,000 23,568 238,917 16 Fees payable to independent examiner During the period, the fee5 payable (excluding VAD to the charity's independent examiner are analysed as follows: 2024 2023 Independent examination Other flnancial services 1,570 412 1,450 745 1,982 2,195 17 Taxation The charity is a registered charity and is therefore exempt from taxation. 18 Trustee5 remuneration and expense5 No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 19 Related partv transactions There were no related party transactions in the ye. Page21