2023-12-31-accounts - Newton Hall Community Partnership

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Newton Hall Community Partnership

Charity No. 1158541

Trustees' Report and Unaudited Accounts

31 December 2023

Newton Hall Community Partnership Contents

	Pages
Trustees' Annual Report	2 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7 to 10
Statement of Cash flows	11
Notes to the Accounts	12
Detailed Statement of Financial Activities	13 to

Page 1

Newton Hall Community Partnership Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1158541

Principal Office

Abbey Road Pity Me Durham DH1 5GE

Trustees

The following trustees served during the year:

C. Hillary A. Hopgood W. Pattison M. Simmons L. Tuttiett

Key Management Personnel

Chair Mamie Simmons

Accountants

DJP Accountancy Limited 78 Lumley Avenue South Shields NE34 7DL

Bankers

Co-operative Bank Durham City Branch

OBJECTIVES AND ACTIVITIES

The Objects fo 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, 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 objective of improving the conditions of life for the residents.

To Promote such other charitable purposes as may from time to time be determine. 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 organisation in the maintenance and management of such facilities of the above objects.

Page 2

Newton Hall Community Partnership Trustees Annual Report

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, social and educational activities for the residents of Newton Hall surrounding districts and as such benefits the local community.

Over the past 12 months the centre has established several new groups and activities into the programme.

These new activities have not only helped increase the usage figures,but have also enables the centre to deliver a wider programme of use, therefore increasing the opportunity for the wider community.

The revised programme has also altered the demographic profile of the users of the centre, with a significant increase in younger people being involved in activities provided and participating on regular basis.

STRUCTURE, GOVERNANCE AND MANAGEMENT

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

Wendy Pattison Mamie Simmons Linda Tuttiett and Colin Hillary

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

A. Hopgood Trustee 31 December 2023

Page 3

Newton Hall Community Partnership Trustees Annual Report

Page 4

Newton Hall Community Partnership Trustees Annual Report

Page 5

Newton Hall Community Partnership Independent Examiners Report

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 for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

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

the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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.

DJP Accountancy Limited 78 Lumley Avenue South Shields

NE34 7DL 31 December 2023

Page 6

Newton Hall Community Partnership Statement of Financial Activities

for the year ended 31 December 2023

Unrestricted funds	Restricted funds	Total funds	Total funds
2023	2023	2023	2022
£	£	£	£

44,841	-	44,841	33,672
-	-	-	182
44,841	-	44,841	33,854

50,882	-	50,882	42,248
50,882	-	50,882	42,248
-	-	-	-
(6,041)	-	(6,041)	(8,394)
-	-	-	-
(6,041)	-	(6,041)	(8,394)

(6,041)	-	(6,041)	(8,394)

67,453	35,000	102,453	110,847
61,412	35,000	96,412	102,453

Page 7

Newton Hall Community Partnership Balance Sheet

at 31 December 2023

Charity No. 1158541 Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand Creditors:Amount falling due within one year 10 Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 11 Restricted income funds Unrestricted funds 11 General funds Reserves 11 Total funds	2023 £ 39,557 39,557 5,324 52,415 57,739 (884) 56,855 96,412 96,412 96,412 35,000 35,000 61,412 61,412 96,412	2022 £ 46,416
		46,416 5,627 53,094
		58,721 (2,684)
		56,037 102,453
		102,453
		102,453
		35,000
		35,000 67,453
		67,453
		102,453

Approved by the trustees on 31 December 2023

And signed on their behalf by:

A. Hopgood Trustee 31 December 2023

Page 8

Newton Hall Community Partnership Notes to the Accounts

for the year ended 31 December 2023

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

Newton Hall Community Partnership Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

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

Leasehold property 10% Straight Line Plant and Equipment 20% Straight Line Fixtures and Fittings 10% Reducing Balance Computers 33% Straight Line

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 10

Newton Hall Community Partnership Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Page 11

Newton Hall Community Partnership Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

2 Statement of Financial Activities - prior year
Income and endowments from: Charitable activities Other Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from charitable activities Charitable Rental Income 4 Other income Other Income	Unrestricted funds 2022 £ 33,672 182 33,854 42,248 42,248 (8,394) (8,394) (8,394) 75,847 67,453 Unrestricted £ 44,841 44,841	Restricted funds 2022 £ - - - - - - - - 35,000 35,000 Total 2023 £ 44,841 44,841 Total 2023 £ - -	Total funds 2022 £ 33,672 182
			33,854 42,248
			42,248
			(8,394)
			(8,394)
			(8,394) 110,847
			102,453
			Total 2022 £ 33,672
			33,672
			Total 2022 £ 182
			182

Page 12

Newton Hall Community Partnership Notes to the Accounts

5 Other expenditure

of £60,000.	Unrestricted £ 26,068 5,022 6,859 11,209 1,724 50,882 2023 £ 6,859 2023 26,068 26,068	Total 2022 £ 22,212 5,230 6,906 6,820 1,080
		42,248
		2022 £ 6,906 2022 22,212
		22,212
		Total £ 73,418
Plant and Equipment	Fixtures and Fittings
£ 191 191 190 - 190 1 1	£ - - - - - - - 2023 £ 2,547 2,777 5,324
		73,418
		27,002 6,859
		33,861
		39,557
		46,416
		2022 £ 2,547 3,080
		5,627

Page 13

Newton Hall Community Partnership Notes to the Accounts

10 Creditors:

amounts falling due within one year

2023 £ 884		2022 £ 884
-		1,800
884 Incoming resources (including other gains/losses ) £ - - 44,841 44,841	Resources expended £ - - (50,882) (50,882)	2,684
		At 31 December 2023 £ 35,000
		35,000
		61,412
		96,412



At 1 January 2023 £	Unrestricted funds £ 39,557 56,855 96,412 Cash flows £	Total £ 39,557 56,855
		96,412
		At 31 December 2023 £
53,094	(679)	52,415
53,094 53,094	(679) (679)	52,415
		52,415

Page 14

Newton Hall Community Partnership Statement of Cash flows for the year ended 31 December 2023

Cash flows from operating activities Net expenditure per Statement of Financial Activities Adjustments for: Depreciation of property, plant and equipment Decrease/(Increase) in trade and other receivables (Decrease)/Increase in trade and other payables Net cash used in operating activities Net cash from investing activities Net cash from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year	2023 £ (6,041) 6,859 303 (1,800) (679) - - (679) 53,094 52,415	2022 £ (8,394) 6,906 (5,627) 2,684
		(4,613)
		182

		-

		(4,431)
		-
		(4,431)

Components of cash and cash equivalents
Cash and bank balances	52,415	53,094

	52,415	53,094

Page 15

Newton Hall Community Partnership Detailed Statement of Financial Activities

for the year ended 31 December 2023

Income and endowments from: Charitable activities Charitable Rental Income Other Other Income Total income and endowments Expenditure on: Employee costs Salaries/wages Premises costs Rates Light, heat and power General administrative costs, including depreciation and amortisation Depreciation of Plant and Equipment Depreciation of Fixtures and Fittings Depreciation of Computers Equipment repairs and maintenance General insurances Software, IT support and related costs Stationery and printing Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments	Unrestricte d funds 2023 £ 44,841 44,841 - - 44,841 26,068 26,068 - 5,022 5,022 - - 6,859 8,325 884 458 606 396 540 18,068 1,724 1,724 50,882 50,882 -	2023 £ - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds 2023 £ 44,841 44,841 - - 44,841 26,068 26,068 - 5,022 5,022 - - 6,859 8,325 884 458 606 396 540 18,068 1,724 1,724 50,882 50,882 -	Total funds 2022 £ 33,672
				33,672
				182
				182
				33,854 22,212
				22,212
				828 4,402
				5,230
				- - 6,906 4,422 884 - - 415 1,099
				13,726
				1,080
				1,080

				42,248
				42,248 -

Page 16

Newton Hall Community Partnership Detailed Statement of Financial Activities

Net expenditure Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	(6,041) (6,041) - (6,041) 67,453 61,412	- - - - 35,000 35,000	(6,041) (6,041) - (6,041) 102,453 96,412	(8,394)
				(8,394) -
				(8,394)
				110,847
				102,453

Page 17