**Charity Registration No. 1158541**
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2022**
**NEWTON HALL COMMUNITY PARTNERSHIP**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Amanda Hopgood Mamie Simmons W Pattison L Tuttiett
(Appointed 1 August 2022) (Appointed 1 August 2022)
**Charity number** 1158541
## **Independent examiner**
Rebecca Davison ACA 12 Bessemer Court Hownsgill Industrial Park Knitsley Lane Consett Co Durham DH8 7BL
**NEWTON HALL COMMUNITY PARTNERSHIP**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 15|
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The trustees present their report and financial statements for the year ended 31 December 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "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).
## **Objectives and activities**
The objects of the Charitable Incorporated Organisation (CIO) are:
To further or benefit the residents of Newton Hall in County Durham and the neighbourhood, without the discrimination of sex, sexual orientation, race or political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.
To promote such other charitable purposes as may from time to time be determined.
In furtherance of these objects but not otherwise, the trustees shall have power to establish or secure the establishment of community facilities and to maintain or manage or co-operate with any other organisations in the maintenance and management of such facilities of the above objects.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
Newton Hall Community Centre provides sporting, recreational and educational activities for the residents of Newton Hall and surrounding districts and as such benefits the local community.
The trustees confirm that they have referred to the guidance contained in the Charity Commissions’ general guidance on public benefit when reviewing the Partnerships’ aims and objectives and in planning future activities.
In the years following the global Covid pandemic the centre has continued to be a viable going concern and the centre has implemented different practices and procedures to ensure user groups feel safe and comfortable. Many groups have developed over the past two years since the centre underwent a major investment and internal building work to increase capacity and ensure the space in the centre was more usable. We continue to see the benefits of this coming through new user groups coming on board over the past year, increasing the range of activities and opportunities for the wider community.
In addition to this, the centre has been able to provide accommodation to support Durham County Council and Abbey Leisure Centre during their major refurbishment programme. This has ensured that their fitness programme was able to be continued with as little disruption as possible for their users who are predominantly from within the local community.
- 1 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **Financial review**
The attached financial statements show the state of the finances and related transactions during the past year, which the trustees consider to be correct.
Incoming Resources amounted to £33,854 (2021 £44,846), whilst Resources Expended were £42,248 (2021 £33,943). The deficit of £8,394 (2021 surplus £10,903) resulted in closing Net Assets of £102,453 (2021 £110,847) of which £35,000 (2021: £38,716) are restricted funds and £67,453 (2021: £72,131) are unrestricted funds.
The Partnerships' bankers are the Co-operative Bank at Durham City. The accountants are TC Group, Accountants, 12 Bessemer Court, Hownsgill Industrial Park, Knitsley Lane, Consett, DH8 7BL
## **Reserves Policy**
The target of the reserving policy is to maintain a level of reserves, which will ensure a continuation of operations for at least six months without income.
## **Investment Policy and Objectives**
Funds are maintained in an interest bearing instant access bank account giving security and rapid access.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have assessed the major risks to which the charity is exposed and where necessary have taken steps to minimise such risks.
## **Going concern**
The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The trustees have made this assessment in respect to a period of one year from the date of approval of these financial statements.
The trustees of the charity have concluded that there are no material uncertainties related to the events or conditions that may cast doubt on the ability of the charity to continue as a going concern.
## **Structure, governance and management**
## **Governing document**
The organisation is a charitable incorporated organisation (CIO) registered on 12 September 2014. The organisation was established under a constitution that established the objects powers and governance of the CIO.
The trustees who served during the year and up to the date of signature of the financial statements were: Amanda Hopgood
Janet Potts (Resigned 31 July 2022) Mamie Simmons Boswell Whitaker (Resigned 31 December 2022) W Pattison (Appointed 1 August 2022) L Tuttiett (Appointed 1 August 2022)
- 2 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **Recruitment and appointment of new trustees**
The charity trustees are members of the CIO. They are responsible for investing and expending funds of the charity in such a manner as they shall consider most beneficial for the achievements of the objectives. They enter into contracts on behalf of the charity. They are responsible for the proper management and administration of the CIO in accordance with the constitution.
The trustees are subject to retirement after a maximum of 3 years unless they retire or are removed in accordance with the constitution. Retiring trustees may be reappointed for a further term. Appointments are made by members of the CIO at its Annual General Meeting or at other times by ordinary resolution. Trustees are recruited for their ability to manage the charity in accordance with the provisions of the constitution and in furtherance of its objects.
There must be 3 trustees minimum and 9 maximum.
The present trustees have a variety of backgrounds and skills and the board seeks to maintain an appropriate range of skills to match the tasks undertaken by the board. Trustees must be familiar with the activities of the charity and in sympathy with them. Potential trustees identified by the existing trustees are, discussed with the other trustees then approached to check their availability.
The CIO was established to take over the activities of Newton Hall Community Association (registered charity number 1105199) (NHCA) prior to closing NHCA. A resolution to transfer the assets and operations of the NHCA was passed by its members and this transfer took effect from 1 January 2016. This transfer is to create a suitable limited liability organisation to take the lease of the community center and expand the operations of NHCA. NHCA was in good financial health and this transfer is simply to improve the governance arrangements.
The trustees' report was approved by the Board of Trustees.
.............................. **Amanda Hopgood** Trustee 17/10/2023 Dated: .........................
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## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF NEWTON HALL COMMUNITY PARTNERSHIP**
I report to the trustees on my examination of the financial statements of Newton Hall Community Partnership (the charity) for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statements to be reached.
Rebecca Davison ACA
12 Bessemer Court Hownsgill Industrial Park Knitsley Lane Consett Co Durham DH8 7BL
Dated: .........................
- 4 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
-
-
Charitable activities
**3**
33,854
-
**Total income**
33,854
-
**Expenditure on:**
Raising funds
**4**
22,212
-
Charitable activities
**5**
16,320
3,716
**Total resources**
**expended**
38,532
3,716
**Net (expenditure)/income for**
**the year/**
**Net movement in funds**
(4,678)
(3,716)
Fund balances at 1
January 2022
72,131
38,716
**Fund balances at 31**
**December 2022**
67,453
35,000|**Total** Unrestricted
Restricted
funds
funds
**2022**
2021
2021
**£**
**£**
**£**
-
28,469
-
33,854
16,377
-
33,854
44,846
-
22,212
18,503
-
20,036
9,798
5,642
42,248
28,301
5,642
(8,394)
16,545
(5,642)
110,847
55,586
44,358
102,453
72,131
38,716|Total
2021
**£**
28,469
16,377|
|---|---|---|
|||44,846|
|||18,503|
|||15,440|
|||33,943|
|||10,903
99,944|
|||110,847|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 5 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **BALANCE SHEET**
## _**AS AT 31 DECEMBER 2022**_
|**Notes**
**Fixed assets**
Tangible assets
**9**
**Current assets**
Debtors
**10**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**11**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**12**
Unrestricted funds
The financial statements were approved by the Trustees on|**2022**
**£**
5,627
53,094
58,721
(2,684)
........................|**£**
46,416
56,037
102,453
35,000
67,453
102,453
.|**2021**
**£**
5,543
53,689
59,232
(1,706)|**£**
53,321
57,526|
|---|---|---|---|---|
|||||110,847|
|||||38,716
72,131|
|||||110,847|
||||||
.............................. Amanda Hopgood
## **Trustee**
- 6 -
**NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
## **Charity information**
Newton Hall Community Partnership is a Charitable Incorporated Organisation.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 7 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 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.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold land and buildings 10% straight line Leasehold improvements 10% straight line Plant and equipment 20% straight line Fixtures and fittings 10% reducing balance Computers 33% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
- 8 -
_**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Donations and legacies**
||**Total**|Unrestricted|
|---|---|---|
|||funds|
||**2022**|2021|
||**£**|£|
|Grants receivable|-|28,469|
- 9 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **3 Charitable activities**
||**Unrestricted**|
**Unrestricted**|
|---|---|---|
||**funds**|
**funds**|
||**2022**|**2021**|
||**£**|**£**|
|Charitable rental income|33,672|15,838|
|Other income|182|539|
||33,854|16,377|
## **4 Raising funds**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2022**|2021|
||**£**|£|
|Trading costs|||
|Staff costs|22,212|18,503|
||22,212|18,503|
- 10 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **5 Charitable activities**
|**Charitable**
**expenses**
**Depreciation**
**2022**
**2022**
**£**
**£**
Depreciation and
impairment
-
6,906
Rates and Water
828
-
Insurance
884
-
Light and Heat
4,402
-
Telephone
1,099
-
Sundries
415
-
Repairs and Renewals
4,422
-
12,050
6,906
Share of governance costs
(see note 6)
1,080
-
13,130
6,906
**Analysis by fund**
Unrestricted funds
13,130
3,190
Restricted funds
-
3,716
13,130
6,906
**6**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Accountancy Fees
-
1,080
-
1,080
Analysed between
Charitable activities
-
1,080||**Total**
**2022**
**Charitable**
**expenses**
**Depreciation**
**2021**
**2021**
**£**
**£**
**£**
6,906
-
6,958
828
188
-
884
850
-
4,402
1,383
-
1,099
1,166
-
415
413
-
4,422
3,642
-
18,956
7,642
6,958
1,080
840
-
20,036
8,482
6,958
16,320
8,482
1,316
3,716
-
5,642
20,036
8,482
6,958
**2022**Support costs Governance
costs
**£**
£
£
1,080
-
840
1,080
-
840
1,080
-
840|**Total**
**2021**
**£**
6,958
188
850
1,383
1,166
413
3,642|
|---|---|---|---|
||||14,600
840|
||||15,440|
||||9,798
5,642|
||||15,440|
||||2021
£
840|
||||840|
||||840|
Governance costs includes payments to the auditors of £1,080 (2021- £840) for independent examination fees.
- 11 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **8 Employees**
The average monthly number of employees during the year was:
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
||4|3|
|**Employment costs**|**2022**|**2021**|
||**£**|**£**|
|Wages and salaries|22,212|18,503|
- 12 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **9 Tangible fixed assets**
|**Leasehold land**
**and buildings**
**Leasehold**
**improvements**
**Plant and**
**equipment**
**Fixtures and**
**fittings**
**Computers**
**£**
**£**
**£**
**£**
**£**
**Cost**
At 1 January 2022
56,422
7,928
191
8,867
10
At 31 December 2022
56,422
7,928
191
8,867
10
**Depreciation and impairment**
At 1 January 2022
11,284
4,457
190
4,155
10
Depreciation charged in the year
5,642
793
-
471
-
At 31 December 2022
16,926
5,250
190
4,626
10
**Carrying amount**
At 31 December 2022
39,496
2,678
1
4,241
-
At 31 December 2021
45,138
3,470
1
4,712
-|**Total**
**£**
73,418|
|---|---|
||73,418|
||20,096
6,906|
||27,002|
||46,416|
||53,321|
- 13 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **10 Debtors**
|**Debtors**|||
|---|---|---|
|**Amounts falling due within one year:**
Trade debtors
Other debtors|**2022**
**£**
2,547
3,080
5,627|**2021**
**£**
2,463
3,080|
|||5,543|
## **11 Creditors: amounts falling due within one year**
|Other taxation and social security
Other creditors
Accruals and deferred income|**2022**
**£**
-
884
1,800
2,684|**2021**
**£**
26
-
1,680|
|---|---|---|
|||1,706|
## **12 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Balance at**|**Resources**|**Balance at**|**Resources**|**Balance at**|
|---|---|---|---|---|---|---|
||**1**|**January 2021**|**expended**|**1 January 2022**|**expended**|**31 December**|
|||||||**2022**|
|||**£**|**£**|**£**|**£**|**£**|
|Building Refurbishment||44,358|(5,642)|38,716|(3,716)|35,000|
- 14 -
## **NEWTON HALL COMMUNITY PARTNERSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**13**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**£**
**£**
Fund balances at 31
December 2022 are
represented by:
Tangible assets
11,416
35,000
Current
assets/(liabilities)
56,037
-
67,453
35,000|**Total** Unrestricted
funds
Restricted
funds
**2022**
2021
2021
**£**
£
£
46,416
14,605
38,716
56,037
57,526
-
102,453
72,131
38,716|Total
2021
£
53,321
57,526|
|---|---|---|
|||110,847|
## **14 Related party transactions**
There were no disclosable related party transactions during the year (2021 - none).
- 15 -