ELLACOMBE COMMUNITY PARTNERSHIP TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY NUMBER 1165031
Ellacombe Community Partnership Conl¢nls Page Charity Infonnation Trustees Report Independent Examiner's Report Staternent of Financial Activities Balance Sheet Notes to the Financial Statem¢nts 7- IL
Ellacombe Community Partnership Charity Infomiation Trustees John HaoW (resigned Dec 2023) Jermaine Atiya-Alla Hazel Foster Katy Schmidt Alex Green (appointed Apr 2024) Chairman Richard Beame Charity Number 1165031 Operatlng Address 4 - 8 Temperance Street Torquay Devon TQ2 SPU Independent Examiner Robert Loxton Accounts Investigations Ltd 8 Queensway Crescent Shiphay Torquay Devon TQ2 6DH
Ellacombe Community Partnership Trustee's Report for the year ended 31 March 2024 The trustees Present their report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in aceordan¢e with the accounting policies set out in note I to the financial statements and comply with the charity's Trust Deed, the Charities Act 1993 (as arnended) and the Statement of R¢commended Practi¢¢ ' Accounting and Reporting by Charities" issued in March 2005. Structure, Governance and Management The charity is constituted by a charitable incorporated organisation on 4 January 2016 Registered Charity Number 1165031. The trustees who served during the year were '. John Harrow Richard Bearne Jennaine Atiya - Alla Hazel Foster Katy S¢hmidt Charities Objects The objects of the CIO are.. to fiuther or benefit the residents of Ella¢ombe in Torquay and the neighbourhood, without distinction of gender, sexual orientation, race or of 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 tirne occupation with the objective of improving th¢ conditions of life for the residents. To promote such other charitable purposes as may from time to time be detennined. In furtherance of these objects but not othenvise. the trustees shall have power to establish or secure the establishment of comrnunity facilities and to maintain or manage or cooperate with any other organisations in the Maintenance and management of such faciliti¢s for activities promoted by the chatily in furtherance of the above objects. Activities The Ellacombe Community Partnership runs a Community Hub. providing a Community Café, advice and support, activities and projects which support and benefit the local community.
Ellaeombe Community Partnership Trustee's Report (continued) for the year ended 31 March 2024 Financial Review It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which allows for any shortfalls in flllure nding. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue with charities current activities while consideration is given to ways in which additional funds may be raised. On behalf of the board of Truste¢'s. Richard Beame Chairman Date 19 August 2024
Ellaeombe Community Partnership Indep¢ndcnt Examiners Report year ended 31 March 2024 I report to the Trustees on my examination of the accounts of Ellacomb¢ Community Partnership for the year ended 31 March 2024 which ar¢ set out on pages 5 to I l. Responsibilities and basis of report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("Ihe Act"). I report in respect of my examination of the Charity's accounts carried out und¢r section 145 of the 2011 Act and in carrying out rny exarnination I have followed all the applicable dir¢ctions given by the Charity Commission under section 145(5) b of the Act. Independent Examiners Statement I have completed my examination. I confinn that no material matters have come to my attention in eonnection with the examination giving my cause to believe that in any material respect. l. Accounting records were not kept in respect of the Charity as required as required by section 130 or 2. The accounts do not accord with those records- or 3. The accounts do not comply with the applicable requirements coneeming the fotin and content of the accounts set out in the Charities (Accounts and Reports) Regulalioiis 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 exarninalion. I have no concerns and have COTne across no other matters in Connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Robert Loxton Accounts Investigations Limited 8 Queensway Crescent Shiphay Torquay Devon TQ2 6DH 19 August 2024
Ellacon]be Community Partnership Statements of Financial Aetivitie5 including Income and Expenditure Account for the year ended 31 March 2024 Unrestricted li unds Restricted Funds Total 2024 Total 2023 Notes Incomill resources from enerated funds Activities for generating funds Invcstment Income 10,241 1,219 10.241 1,219 6,938 38 11,460 6,421 11,460 134,517 6,976 107,400 tncome resources fron] charitable activities 128,096 Total incoming resources 17,881 128,096 145.977 114.376 Resources ex ended Costs of generatillg fundslProject Mallagement Costs of generating donations alld Icgacies Fundraising trading costs of goods sold 3,938 4,449 99,017 102,955 4,449 103.448 132 8,387 99,017 107,404 103,580 Charitable actitieS Support Costs 10,026 10,026 2,456 Governance costs 700 700 600 Total resources expended 19,113 99,017 118,130 106.636 Net outgoing resources before transfers Gross Iransfcrs between fL]nds (1,232) 29,079 27,847 7,740 Net ineomel{expeDditure) for the year Net tnovements in funds Fund balance at l April 2023 (1,232) 103,608 29,079 23,730 27,847 127,338 7,740 119,598 Fulld balances at 31 Mthrch 2024 102.376 52.809 155,185 127,338
Ellacombe Community Partnership Balallce Sheet as at 31 Mar¢h 2024 Notes 2024 2023 Fixed Assets Tangiblc assets Current Asset5 Debtors Cash at bank and in hand 161,357 127,938 161,357 127,938 Creditors: amounts falling due within one year (6,172) (600) Net Current A58ets 155,185 127,338 Total assets le55 current liobilities 155,185 127,338 Income Funds Restricted Funds Unrestricted Funds 52,809 102,376 23,730 103,608 155,185 127,338 The fInala1 staletncnls were approved by Ihc Trustee on 19 August 2024 Richard Bcamc Chairnthn
Ellacombe Commllnity Partnership Notes to the Accounts for the year ended 31 March 2024 Accounting Policies Basi5 of Preparation The financial statements have been prepared in accordance with applicable a¢¢ounting standards the Sialement of Recommended Practice "accounting and Reporting to Charities" issued in March 2005 and the Charities Act 1993 (as amended). Incoming Re$ovrces Commercial trading activities.. Incoin¢ froin sale of goods and services derived from charitable activities and own produce is included in incoming resources in the period in which the charity is entitled to receipt. Donations and Grants: Income from donations and grants includiiig capital grants is included in incoming resources when thes¢ are receivable, except as follows: donors specify that donations and grants given to the charity must be used in future accounting periods, the income is defeed until those pertods. When donors imp05e conditions which have to be fulfilled before the charity becomes entitled to use such income. th¢ incoine is deferred and not included in incoming resources until the pre conditions for use have been met. When donors specify that donations and gr11$ including capital grants, are for a particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable. Intangible Incom¢'. Intangible income, comprising donating services, is included in incoming r¢sources at a valuation which is an estimate of the financial costs bome by the donor where such a cost is quantifiable and measurable. No income is recognised when th¢re is no financial cost bome by a third party. Interest Receivable Interest receivable is included in incoming resources when receivable by the Charity
Ellacombe Community Partnership Notes to the Accouiils (continued) for the year ended 31 March 2024 Resource$ Expended Resourccs expended are included in the Statement of Financial Activities, on an accruals basis, inclusive of any VAT which cannot be recovered. Certain expenditure is directly attributable to specific activities and have been included in those calegyories. Certain other costs, which are attributable to more than one activity are apportioned across cost categories on the basis of an estimate of the proportion of time spent by staff in those a¢tivities. Support Costs Support ¢0Sts incurred wholly or mainly in support of expenditure on the objects of the Charity, and being an integral part of the Cost of carrying out the direct charitable objectives, are separately analysed within Charitable Expenditure in th¢ Statement of Financial Activities. Governance Costs Costs relating lo the management and athninistration of the charity are separately analysed within Charitable Expenditure Statement of Financial Activities. No remuneration or expenses were paid to the Trustees during the period. Activities for Generating Funds 2024 2023 Activities for generating funds Fundraising trading costs of goods sold 10,241 (4,449} 6,938 (132) Net activities for generating funds 5,792 6,806
Ellacombe Community Partnership Notes to the Actount5 (continued) for the year ended 31 Mar¢h 2024 Illvestment Ineome 2024 2023 Interest receivablc 1,219 38 Incoming Resources from Charitable Aetivities Unrestricted Funds Restricted Funds Total 2024 Total 2023 Grants received 6,421 128,096 134,517 107,400 Total Resources Expended Staff cost5 Other costs Total 2024 TotAI 2023 Costs of %enerating fundslProject Management costs of gcnerating donations aiid legacies Fundraising trading.. costs of goods Sold 85,920 13,097 99,017 103,448 3,938 4.449 8,387 132 Total 89,858 17,546 107,404 103,580 Charitable gctivities Support costs Governan¢e costs 6,130 700 3,896 10.026 700 2,456 600 96,688 21,442 118,130 106,636 Governance costs includes paytnenl lo the independent cxatniners of £700 (2023 £600) for independcnt examination fees.
Ellocombe Community Partnership Notes to the Accounts (continued) for thc ycar ended 31 Mah 2024 Support Costs 2024 2023 Insurance Phonc Repairs and Maintenance Printing and Stationery Sundry expenses Payroll Costs 94 749 195 170 1,494 1,194 102 586 198 406 1,042 Overheads costs total 3,896 2,334 Staff Costs 6,130 122 10,026 2,456 Goveruance Costs 2024 2023 Other governance costs comprise.. Independent examinets fees 700 600 700 600 10
EIIAcombe Community Partnership Notes to the Accounts leontinued) for the year ended 3 I March 2024 Restricted Funds Thc incomc funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific puryosc8.' Movement in Funds Resources Expended BalAnce ot l April 2023 Incoming Trallsfer Balance 31 March 2024 Awards for all National Lottery Torbay Food Alliaiicc Local Motion Fund CIL Fund Nat Grid Energy Warni Spaces Ward Fund 9,176 66,120 16,120 12,000 16,000 (6,176) (66,221) (15,060) (3,000) (3.780) 3,000 16,629 8,060 9,000 12,220 16,730 7,000 4.780 3,900 (4,780) 3,900 23,730 128,096 (99,017) 52,809 An#lysis of Net As5et5 between Funds Unrestricted Funds Restricted "unds Total Fund balances at 31 March 2024 are represented by.. Tangible fixed assets Current assets Creditors.. amounts falling due within onc year 108,548 52,809 161,357 (6,172) {6,172) 102,376 52,809 155,185