REGISTERED COMPANY NUMBER: 04365411 (England and Wales) REGISTERED CHARITY NUMBER: 1169746 REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR NORTH HALIFAX PARTNERSHIP LIMITED (A COMPAIYY LIMITED BY GUARANfEE) SMH Sheards Audit Limited Statutory Auditors Vernon Hous¢ 40 New Nortb Road Hudd￿field West YO￿bire HDI 5LS NORTH HAUFAX PARTNERSHIP LIMITED CONTENfs OF THE FINANCIAL STATEMENrs for the year ended 31 March 2025 P4ge R¢port of the TThstees 1 10 15 Report of the Independent Auditor8 16 to 19 Ststement of Finanelal Aetivitie8 20 Balance Sheet 21 to 22 Ctdsh Flow Ststement 23 Note$ to the Cash Flow Ststement 24 Notes to tbe FinAneial Ststements 25 to 32 Detslled Statement of FlnAn¢ial Aellvltles 33 to 34 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 March 2025 The trustees who also directors of the charity for the purposes of th¢ Compayjies Act 2006, present their report with the finan¢ia] statements of the charity for the year ended 31 March 2025. The trustees have adoptal the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan¢¢ with the Financial Ji¢trf)rting Standard applicable in the UK and Republic of Ireland (FRS 102) {Cff￿tiv¢ I January 2019). Page I NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the ye*r ended 31 Marcb 2025 OBJECTIVES AND ACTIVITIES ObJe¢tlve$ and alms The Charity's objects are specifically restricted lo th¢ promotion for the public benefit of urban and rural regenerntion in areas of social and economic deprivation and in particular North Halifax by all or any of the following ]neans.' (a) The relief of poverty in such ways as may be thought fit. (b) The relief of unemployment in such ways as may be Ihougbt fit. including assistance to find employment. (c) The advancement of ¢duc&tion, training or ￿traIning, particularly among unemployed people, alld providing unemployed people with work exp¢rienc& (d) The pmvision of financial assistance, technical assistanc4 or business advice OT ¢onsuliancy in order to provide training and emplosmenl opportunities for unemployed peopl¢ and to enhance and retain employment opiknLinili¢s in th¢ area. (¢) The provision of. or assistance in, the provision of recreational faciliti¢s for the general public al I￿ge and lor those who, by reasons of the youth. a8¢, infirniity or disabl¢menL pov¢ty or K￿la1 and ewnomie circumstance, have need of such facilities. (fj The protection of the environment. (g) The provision of public health facilities and chIld￿re. (h) Suth othtr means as may from time to tim¢ be deterniined subjxt to prior consent of the Charity Commissioners for England and Wales. In catrying out its objects. the Ch￿lty shall promote equality of 0p[Kyr￿n1ty and Op￿Se any fonn of discriminalioD on grounds of rac4 ethnic origin. gender. scxual orientation, age. disability or religion. Vislon And Purpose Th¢ Charity's vision is for a stronger North Hallfftx and a bett¢r future for All g¢DerAtlons. The Chariry's awd purpose therefore is to support indlviduals from cradle to grave, and to earry out a¢¢lvlde$ which r¢lleve poverty and dtsadvautAgeJ promots health and wellbeing and stsTngthen tommunities. The Board review8 its objectives and p￿[pOSe periodically, and in January 2024 reviewed our strategtc objeclives under our 4 strategt¢ goals of Strengthening Communities, Building R¢silienc4 Improving Outcomes and Growing our Charity. These goals und¢rpin the services de1]￿'eTed by our Family Hub S¢tvi¢es, Neighbourhood tearn under Contract to Calderdale Council. our Staying Well work and ddivery of our Place based social action work. We manage Family Hubs across half the Metropolitan Borough of Ca]derdale covering ¢ouncil wards in North and East Halifax and th¢ Lower Calder Valley. In 2024125 we transition￿ from Children's Centres to kome Family Hub5 under the Government's agenda. We delivered smlces from 8 Family Hub buildings, 6 of which provide day car¢, and we cover 2 other outr¢a¢h areas where $¢rvice8 are delivered from different community venues. We run 2 Family Supporr teams who work in the ¢ommunities. The contract for this work was originally for 3 years until 30th June 2017 but has been extended severdl limes- most recently until Seprember 2025. Our Communities Team works with local communities and public serviecs lo improve local areas. improving cohesion and a sense of lo¢al pride. We cover the whole of North and East Halifax and provide a Neighbourhoods Team service for Calderdale Council in that area. The team also includes Community Organisers. who work alongside communities to bring people together to find solutions lo local issues. Our Staying Well service works across North and East Halifax and the Lower Calder Valley to improve wellbeing amongst adults, including personalised support for those living with and beyond cancer. A¢ross 23-25 delivery of the UK Shared Prowity Fund (UKSPF) prosramme ha8 been embedded a¢ros5 the work of our Communities Team, included a diverse range of community engagement activiti&8 to cstablish community priorities for funding. Proposals for investment hav¢ then develo￿] and CO•produc&l to secure investment for North Halifax communitie& In 2024 the team was also expanded to include d¢livwy of an Activ¢ Trnvel project across Ovenden, Illingworth and Mixenden. These areas of work include targets for achievement set by funders Page 2 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 March 2025 OWEcfivES AND ACTIVITIES SlgDifKant activities The Charity's main prograrnm4 projecls and services are: l) childre￿ Young People and F*milk$- Childcar4 young people and family support Most of our WOTk is geared to supporting Cbildr￿ and families. Family Hubs provide holistic services ts parent5 and carc and their young children. Thc5c include health. training and employment. family Safety and faTnily learniDgJ parenting skill and above all providing an environment whcrc chilthEn Can learn and play. We deliver Family Hubs servica5 from our Family Hub buildings and in homc% and many diffuent community 5ettiDgs. Neighbouth￿d team works with a rang¢ of young people to positively engage them in meaning￿1 activitie4 capturing insight empowerlng their voices lo be he￿d. This wotk ranges from Junior Wardens schemes - engaging smaller groups of yOUDg people in schools to develop environmentsl awareness and skills - to teenagers who are Involv￿ swial a￿ll0￿ projects to improve local gre¢n spaces and creative projects suth as Open Mic sessioDS. Wiib a fc¢us on adult w¢llb¢ing, Staying Well support a tange of parents to develop social netwo￿5. wnnert into communities and mak¢ h¢altbier choices. ID 2024 a Parents Cbampions proj¢ct was launched across the Family Hub and Communities teams. This cross organisalional approach developed a volunt¢¢r programme to ￿gage local parents and involve them in promoting lo￿1 Services, shaping the d￿jgI} and delivery of activities and developing local provision forparents. We bave 8 number of contractual targets around children and famili&s being registered with us (partI￿18r]Y from within the most disadvaDtsged areas), and children and families benefitting from Family Hub& nurseries and Family support services. 2) Health and Wellbeing- P￿Ven￿lIve health promotion and supportlng self-management I Self￿re Our Family Hubs sffvices provide direct health support on a wide range of issue& particularly those affecting childra) and their parent and carers. This is supplemented by wellbein8 and health education in OIIT family leart]ing programm Midwives and health visitors provide somc services from our Family Hubs, and we work closely with NHS and Public Health on strategic pl￿ning and optrational delivery partDetsbips. Our Staying Well service follows a community-bascd model of social prescrib1￿ working with adults to improv¢ b￿lIb and wellbeing by connecting thern with local services and community provision. This includ&s supporting those facing loneliness and isolalton to access clubs and activities in the community. Tt also focuses on 5upportiTJg PL7ylc to makc healthier cboi and develop health Confiden￿ In 2024 the model was extended to Include personalis¢d suplkn for those living with and beyond cancer. Staying Well also dclivff community education events which rdise awareness of health issues. promote local serviccs. and develop community cohesion. A telephone befriending service is also delivered tljrough the 5ervic¢ encouraging volunteering and skill development. Staying Well were also a p8rtner in the d¢livffy of th¢ Saving Together project across 2024-25. delivwing I: I work, workshops and events to reduce fuel pov¢rty. NHP are now also TunDing 2 Active Travel Hubs ID North Halifax. Th¢ hub$ offer advic¢ inforn)ation and resources to support p￿pIe to walk, cycle and wheel for travel. Empowffling Iwal r￿pIe to make healthier, 8rc¢ncr and moTC economical choices in travelling. Our tsrgets are around health Supp￿ services to children and familTr¢s in our Family Hub4 arranging Tefe4Tals to statutory services, improving w¢llb¢ing and supporting and dev¢loping community-based groups and a¢livitie& Page 3 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 March 2025 OBJECTIVES AND AcfiviTIES 3) Strengthened Communltles- Actlvldes that m*k¢ the community more empowered And ¢oheslve Communities across North Halifax face various social and e￿noMiC challenges. Our Neighbourhood Team works closely with the local pa￿ers, Tesidents, and Community groups to make our areas safer, cleaner and gre¢ner places lo live. We work with agencies such as the police, fire and rescue se￿1¢e and Ihe local authority to improve community safety and to encourage the community to take pride in their neighbourhoods, enjoyin8 our local green spaces alld countys?de. A rdnge of partnerships ar¢ facilitat¢d to encourage collaborative respons¢ and solutions lo local issues. A diverse range of community engagemenl activities are delivered lo capture the voice of local people and enwurage involvement in respondin8 to local issues. This include setting priotities for local investrnent of shaping the development of prOJ￿tS and initiatives, such as our delivery role in the UKSPF programme. A broad programme of activities and events are also delivered to bring together local people and ¢¢lebrate the success of individuals and groups. Weekly community mmuni¢ations in h'onh and East Halifax and the Lower Valley help promote what's on type ev¢nls in localities and across the Borough. The Neighbourhood and Staying Well Teams also focus on supporting the development of new and existing communtty groups, often with a focus on address local isw¢s and priorities. This enriches community provision and l￿d8 to stronger, mor¢ cohesive communities with confidence and resilience. Our torg¢ts are around improving the environment through education and enforcement action, engaging attd consulting with local peopl4 supporting> promoting, and empowerin8 ￿mUnIty aclivity and providing inforniation to local communities. We are committa to ensuring that our event$ 8nd activities are environmentally responsible, while consistently Teinfo￿lng sustsinable pra¢tices and messages across our communities. Our n¢w Parent Champion PTogramme plays a vital role in amplifying the voices of local parents. By listenin8 to th¢ir experiences and insights. we ar¢ better equipped to shape Services that truly refiecl th¢ needs of families in OUT firea 4) Employment Support- Helplng people Intij employment and tralnlllg This is achieved by advice and support lo families w¢ work with who are assisted to training and employment opportunities, partly through job clubs. The provision of childcare at 6 of our Family Hubs, located mainly in areas of disadvantage, provide mu¢h needed childcare for parents looking to undertake training or attend work. We provid¢ accredited training in areas such as pa¢diatric first aid and food hygiene with childcar¢ available at some sessions. Our volunic￿Ing programm¢ provi&s training and work experience Oppo￿nitieS with many volunleers progressing into S¢5SiOrtal or pemlanenl work within our charity or inlo elnp1o￿nenl in the wider community. We also engage apprentices, many of whorn progress into pern]anent jobs. We work in partnership with local community partners offering work Sup￿r￿aln1ng. offering our buildings as venues and signposting our service users to these activities. Our targ¢ls around supporting people into jobs and trainin& developing volunteaing and volunteering opl￿nitieS and th¢ provision of childcare places. PubRie beneflt The trustees confinn that they have each cclnplied with their duty under section 17 (5) of the Charities Act 2011 to have due Tegards to the guidance on public benefit published by the Charity Commission wha) carrying out their rol¢ and duties. The charity WO￿ specifically in areas facing social and economic deprivation and in Ni orth Halifax in p4rticular. Public ben¢fit has been achieved through the provision of support around training and eTnploymenl, health and wellbeing and support to families and children. Services are designed around ben¢fitting trM)th Indi￿ldUal8 and the neighbourhoods and communities in which they reside. Pag¢ 4 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 Mar¢h 2025 STRATEGIC REPORT Aehlevements and perforrnanee Charltable aetlvitles General This year has been about f(xus8in8 on the quality of our 5¢rviw and meeting the needs of the communities we s Our nursery income h&s been better than last year, our occupancy l¢v¢ls have improv￿. bui at tirrtes we have still had to restrict o¢cupancy on some of our nurseries this year due to the ¢hallenge of being able to recruit to early years posts. Like other charities and busin￿5¢8, w¢ have continued to Ix hit by risiJ)8 costs. our utilities, salary costs, buildings and all otber outgoing5 have all increased again this year. Despite the challenges w¢ have bAd this year. in particular around recrnitment and retention, we have had an ¢xtremely successfvl y¢ar. childre￿ young people And famllles On 31 March 2025 790/D of the 4.505 rbildren under 5 in the Lower Valley and Halifax North attd East area were registered with NHP Family Hubs. Over the year we engaged with 91 /0 of all register¢d families in Lower Valley) and 880/0 in Halif8X North and East. Target￿ work ensured we engaged with 940/0 and 940/0 of familie& in greatest social and economic need it) the respective areas. General satlsfaction with services remained high. with lo￿/0 of familie8 re4)onding in our annual Family Hub servicas Consultation saying they were happy with the s¢rvi¢¢ they r¢¢eived. The proportion of re￿ondentS wbo bdieved that services had a positive irnpact on their parenting confidence and aspirntion increased by 0.3% to 85.11A1 , and there was an increase of 9.4fj/u to 88.60/0 in th¢ proportion of parents with same b¢lief about school ￿adinG$s. A lo¢al of children attended our day care provisioDS during the year. All of our 6 day care PTOVi8ion8 currentty bave a gqng Well were a key partner in the delivay of the Saving Together project. Led by Newground Together. the prOj￿t focused on addressing fi]el povety and enetEY efficiency across North Halifax. Stsying Well capacity was used to offer a holistic wellbeing offer to wider energy advice. along with maximising community netWo￿S lo promote the opportunity. Delivery capitalised on existing opp0tkn￿Itits within Staying Well delivery such as comtnunity events, aclivities and groups who are regularly supported by staff. Staying Well took a direct role in the developmalt of the Encrgy Chan]pions sch¢m¢ which r¢miit¢d local voluntcer5 to test out eDcrgy saving equipment and th¢n rhaD]pion the use amongst their networks and wider in the community. The project ended in March 2025 wilh plans to explore wider fvnding foT furth¢T delivery in autumn 2025. Page 7 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the ye*r ended 31 March 2025 Across 2024 funding wa5 obtained to support the d￿ClOpment of Active Travel hubs in Nortb Halifax. Launthing tbe project was delay by political restrietions on ￿leasIng fijnding and recrnitment ¢hallenges however in late 2025 an Aclive Travel Coordinutor was successfvl appointed. Work began on establishing hub sites at OSCA Foundation in Ovthden and Mixenden Activity Cthtre. Th¢ Hubs will focu5 on offering advice, resource and support to help people walk. cycle and wheel more for travel. Initial work focused on building relationships with th¢ sites and other providers of active travel work in Caldffdale. Existin8 events and &ctivilies were also extended lo include active travel activities such as pop up bike rq)air sessions. The Health and Wellbeing Group was established in May 2023. Since then, it has ¢xpanded its Membership improved its ability to deliver health and wellbeing activiti¢s across the organisation. Key achievements this year include: - Six slaff members completed Mental Health Fi￿1 Aid training - The group reviewed EAP bids and selected Health Assured Ltd. as th¢ provider - They eontiibuted to implem¢nling ideas from the Fair Work Charter - The group play¢d a key role in shaping the or8anisatioD-wide Appraisal Golden Thread Employment Support and Volunteerlng Job Clubs were held across North Halifax. A total of 61 sessions were d¢livffed in 2 venues. This benefitted 230 attendee an increased attendance on the previous Y￿r. An EmployD]ent Fair was held itTr March which involved many parmers leading on employability support but was coordinated by the Neighbourhood Team. The ev¢nt built on previous delivery and following feedback was d¢livered through a local li￿rary to increase aeeessibility. had strong¢r attendance than last year with around 25 families acce88ing suppi)rt. The Staying Well Befriending scheme continued to recrnit voluntea3 throughout the year with a total of 112 volunteers being registered with the Scheme. A comprehensive training package for volunteers continu¢s to be in place including Safeguarding. Boundary Setting and Mental Health First Aid. A Volunteer Christmas celebration was held in conjunction with Parent Champion5. Experienced volunteers, new volunt¢¢rs and anyone interested in becoming a voluntetr was welcomed to come. Over 30 people attended. The family learning Programme delivered I l anployability course8 with 61 attendees. We continued to work with our local College to deliver introduction to Childcare courses, Autism awarene&8 l¢v¢l 3 and Principles in Pt7Ctice SEND ar our Hubs lo ensure aC￿ssIbl11ty for families. Volunteers continued lo support the Family hub work with 5 volunt¢¢rs undertaking 390 hours of work, 2 voluntttr moved into a role within d&y¢aTe. We also had 6 breastfeeding peer support volunteers who undertook 158 hours work. Sassional staff were active for ihe whole of this year wirh 23 on the database, 5 were given t¢mporary contracts to support holding vacaneies in ¢entres and SEN one lo one work. A lotal of 2669 hours wer¢ worked by thos¢ nol on a tempordry contract. W¢ offer a wid¢ range of training and development for all NHP staff. Every I￿rn member has completed &t least rhtEe training courses, totalling 1,000 eLearning modules including food hygi￿e. safeguarding, disability awareness, and equality and inclusion. We've delivered professional d¢velopmenl workshops for both new and exp¢rienc&l managers, including National Professional Qualification in Early Years Lead¢rship (NPQEYL} and supported NVQS in childcare. family supp)rL and business administration. cUrr￿lly. we're supporting seven childcare appr¢ntices, with six moving into full-lime roles this year. We've also prioritisd key training in proteotive securiry and sexual hornssment, r¢tlccting important ch&nges in the wid¢r community. Page 8 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 Mareh 2025 Strellgthened CommuDitie5 There was a ￿ntInued focus on environmentsl work from our NeIghbOu￿0￿ Team. A total of 73 sessions were held to address and engage on ncighbourbood isbues. This included wa]kabouty community Cl&￿ ups. litter picks and Street audits and engaged over 900 people. Support of community action around green space continued to be a keen focu5 across the Communities Teams. In addition to coordinaling ongoing development of Shroggs Park, a parthership group continue4J to be facilitated to improve Beechwood Park. WoTk in both areas has included obtaining funding to secure new fencing. instaIlation of Active Spots, event delivery. new signage and impTovemcDts to acccssibility such a5 car paTking. NHP work with a rnnge of partners to ensure comrnunity voice remains central to all development work and cr￿S otEanisational opportunitie5 are rnaximised. In December 2024 wc prcscntcd to widff neigbbourhood teams in the council to champion the model of work and shaTe learning and experience of impact to be mlled out in other arcas of Calderdale. Alongside this development work there is a focus on 8upikning and developing varied models of Friends of Parks groups aiYOSS North & East HalifaL This has included traditional support related to organising events, accessing ￿ndIn& and en£aging with comtllunities as well trialling differenl approaches. In Beechwood Park a focus has been made OD engaging young pcople through skating and cycling with an aim to forni a 'teen frI￿dS of group,. This intends to engage young people positively in the are4 reducing g¢n¢ratioDal divides in the park Over £20k of Ward Fornrn grnits were distributd io over 50 small scale projects and groups. This sustained the interest and level of SUcc￿ful funding that was seen in th¢ Previous year and n)eanl all fi]nds were utili5ed. Projects and activities supported included support foT local events, fvnding of equipmeni for group5 and support to cover insuranc¢ ¢osts. A wide and divers¢ ran8c of con]munity eng8g¢m¢nt activities continued to b¢ held across the year as part of the Reimagining CommuDili¢s Programme which gathered insight to infoTm UKSPF spend iD North Halifax Communiti￿. Over 150 engagement activities have been delivered from wa]katwts. creative projects, and online and individual conversatiODS. This insight shaped fvrther proposals for investmenl building on the success of delivery in 23-24 and identifying ￿rther community priorities and g8PS In PTovision. In 2425 a total of 17 Suc￿sSful proposals were generated and over £4(K).000 were inv¢5t¢d across North Halifax. Funding included the development of accessible changing places, youth programmes to reducc ASB and improvements to green spaces. A range of community events were delivered across the year. Thryr was a continued focus on delivering a range of opportunities in local green spaces to Show￿Se and promote wider development WOA in thv8e areas. In Spring an event was held in Ling Bob, utilising green Spa￿ and local youth and chuTch spaces. Th¢ event showcased a range of lo￿1 scryi¢¢s as well as engaging Pellon comftnunities in shaping UKSPF funding. A largw summer event beld in Bee¢hw¢￿d Park. brought local services togcther lo crcate a n)arketpla¢e. promoting local organisations and activities. Over 200 people attended with many explusing interests in volunteering locally. A sumrner Art in the pa￿ ev¢nt was delivered in Shroggs Park. attrncting ovtt 70 people. The event used Culturedale funding to bring creative opportunities into North Halifax. The previous years programme of pop up seasonal cvcnts in grccn spaces was built upon to deliver similar opportunities in increased areas. Halloween trails were delivered in BeechworML Mixenden and SI￿oggs Park and in tota] over 2W people att￿ded. The CVCDts brought ncw people into the North Halifax areas and showcasing local parks in a positive way. At ChTi5ttnMs 2 events were delivered in green spaccs. Thc Shrow Lantern Walk returned for a third year. attracling ovff 60 pes)ple, showing an increase on the previous year. The event also worked in partnership with Saving Together. engaging parents and pri>moting wider support opportunities. An event was also delivered in Beechwood Park, with over 60 people attending. The vent focused on promoting physical activity opportunities and getting d)ildren's and families moving more. The third annual Thriftll)as event was delivered. The event ¢ontinueAI to focus on providing messag&s around being more mindful of waste at ChriSt￿aS as well as ideas and tip8 to lower the cost of the festive period. Over 300 people &llendcd and more services were engaged than Previous year. This included Healthy Minds. St G¢orge$ Community Tn￿t. VSJ Allianr and Dads R Us. The event al80 focused on promoting th¢ Saving Together project and offered a rnnge of workshops and support to empower local peoplc lo make more posttive choices around fuel efficiency. Page 9 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 March 202S A celebration of International Women's Thy event was h¢ld across Febtvary and ma￿h. A range of ￿Ups, organisations atKI individuals were engaged in decorating mosaic tiles r¢fiecting imFrtyrtant things to th¢m. The tiles were then used to decordle a large planter. An event was held in early March to both bring local women together and unveil the planter. A tree was then planted to signify the growtb of eommunity and women. A range of support has been offered lo the forn)4lion of residents and tenants asso¢iation8 acTOSS the North Halifax area. This has included direct and indirect gupport to newly fornied groups including applying for funding, recruiting volunteers, developing governance and planning evenl& Over 2£k25 NHP continued to work with CMBC on the establtshment of a license to commen¢¢ lo comtnunity management of Mix¢nd¢n Activity Centre. This included successfully securing funding from a range of sources including CFFC. UKSPF and Active Calderdale. There were continueAI delays to tbe prO￿S which meant the license was not successfully s¢cured in 2￿25. Following tL¢gotiation8 with funders all funding was retained for future use and the license is hoped to be achicved early 2025. We continued with our focus on transforniing our equality and diversity outC0rn¢5 with our equality and diversity action plan still in place we provided opportunities for improved learning, discussion, and awareness sessions. We sustained the opl￿nity to learn and question through NHP staff n¢ws and ieam m¢elings and continued to develop scrutiny al Board l¢vel. We incorpi)rated more disability training into our mandatory programme of training for our staff. with a view to working towattls the next level of the disability iward we hold. We have ci)ntinued our focus on reducing our carbon footprint as a businas& each of OUT buildings ¢ontinues to have aD environmental athlon plan in place and our NHP Climate chang¢ group m¢ets regularly to review our operations. make suggestions, and implem¢nt ways that will ￿rther mak¢ us more sustainable. Si)me examples of work this yw include ntinuation of Meat Free Monday in all our day care provisions, as an organisation we took part in World Clean-up Day and undertook many local litter picks. We hav¢ continued to mov¢ more systems to paperless systems, encouraging slaff to wall( more and car share. We continue to use our NHP communication channels to share. inforni and engage Ihe residents of Calderdale in ¢nvironrnental initiatives, promoting campaigns wher¢ appropriate. We delivered community events that had themes around rcducing carbon footprint, we have introduced t001hbn￿h re-eycling at 2 of our nurseries. We have W0￿¢d hard in developing QUT comms and marketing this last year. we had just over 83,000 views (118D/o increase compared to 38,000 views last yearl on our NHP website and 16.000 views {230/0 increase compared lo 13,OIX) vi•vs last year} on the Staying Well website. Across our social tnedia plarforms we have 6.842 posts (520/0 increase rompar¢d to 4,495 last year) 1,293,043 impra8SiOm% (35.7'kn increase compared lo 952,754 last year) and 8,275 reaclions (450A increase from 5,705 last year). We have 12.512 followers {7.6 /0 decrease from 13,537 last year). FinanclAI r¢view Investment policy and obje¢tives Under the Memorandum and Articles of Association the trustees have the power lo rnake any investment they see fit. Our investment policy is to minimise risk and rherefore it is 88red to dq)osil some re5¢rves in interest bearing ￿count9 wilh Lloyds TSB. our bankers. The policy is to place a maximum of £150,000 on deposit at any one time with not more than £IOO.(W on a Single fixed tern] deposit of more than l year. Thai policy has been maintained through the year. Page 10 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 MAreh 2G2S STRATEGIC REPORT Flnanci81 revie Reserves policy Our Reserves and lDvesttnents Policy recognise5 that re5erv&% aTe required foT V8TiOUS reasons. We employ around 180 pernianent stsff whose fimding is reliant on public service contracts. In the event of fi￿dIng ending (without staff transfeTring to another contractor under TUPE). there would be a significant Tedundancy commitment fa]ling to the charity. Furtherniore, though we do not own buildings" we lease 8 Chli dren's Centre buildings with a Tepair's Tequirement. Wbilst dAy to day mainfrnance is budgeted from revenu4 it may be neL¢&Sary to fund larger and particularly un¢xpe¢ted capithl rq)airs from r¢5erves. Also, it is n¢¢a5s0ry to maintain a level of r¢s¢rves to fvnd fixvAI wmmitments in a situation wb¢r¢ Golltracl income is late or delayed. Finally, it is prudent to maintain a level of reservas to ¢xt¢nd a projwt when funding has ended or to kick start a new ctivity. The policy therefore requires a level of reserves of between land 3 montbs running costs to addrtss the abo At the Year￿￿￿ unrestiicted Teserves stood at £1,126,165. Pritteipal rlsks And uncertAllltles The Board of Truslees continue to undthake an annual Risk Managemet)t Review. The rising c08ts of fvel, food and energy, ¢onlinu¢ to be a ris Other key risk areas are around financial mismanagement, litigation e.g., employment or health and safety, staff tecrnitment and fflention whi¢h h&s continued to be a challenge to us this year. Bs)ard reputation and eapacity, contract perfornyance and l(w of ¢ontractslfimding. Our Family Hubs contract has been extend￿ until September 2025. this will be with the current yeaes budgct figur4 which me8ns budgets will be tight during the latter end of the contract extfflsion period as running costs and staffing costs are 8ttl1 projected to rise. In December 2024 we put in a tender for the Family Hub contract work and In March 25 we wffe successful with this tender. however the contract is larger than previous and it rneans we will lake on 5 MOTC building4 3 more daycare provisions and will TUPE ovc 100 moTe staff to the organisation ID October 2025. the budget for this contract 15 the same amount foT tbe contract that it has been for the work across the whole of Calderdale foT the last couple of year4 this do&8 mean that the budgd will be tight and in bidding for this conts7Ct we have had to make a lot of assumptions for th¢ half of the borough that we don't cutrently manag¢. The Neighbourhood Team contract continue to be on a yeaT-on-y¢aT renewal, ￿ have now secured the Staying Well contract for at leost 3 years. We are curmtly working with CMBC around a licencc to occupy a community building to deliver services for initially a y¢8r. whith is a building CMBC are looking lo asset transfer. With a long-tern vision of us tsking on th¢ building on asset transfer, whith is the fiTSt time NHP have undertook such a projecL Pagell NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for ¢he year ended 31 MArch 2025 STRATEGIC REPORT Future plans The ￿tIvitieS outlined above are dependent on key fvnding streams outlined below. Future planning for all services will bc impacted by the rising costs and the difficulties we are having with recrnitment and retention particularly in our nursery provisions. We continue to work with our ￿nderS to develop seryices to meet the changing need of our communities. Marketing future growth As we look to the futur< a key PriOTity for us 15 strengthening how we present ourselves to the public, partner4 and th¢ communities w¢ serve. We're currently developing a rebrand. which will includc a refreshed visual identity. updat￿1 messaging. and a clearer cxprcssion of our value% and vision. This process is being thaped by input from across the organisation and the community, ensuring the new brdnd retle¢ts who wc arc and what we stand for. Alongside the rebrand. we are developing a new website that will significantly improve arKessibility. naligation. 4nd user exp¢rienc¢. The current site no lon8¢r meets the needs of the organisation or our audiences. and the new platforni will allow us to better showcase our projects, Signpost to seTViCeS, and keep people infornied and engaged. These changes will lay the foundation for more effective communication, stronger connections, and continued growth in the years ahead. F8mAly Hubs Our contract was extended until 301912025, with th¢ same financial envelop¢ as this year which will in&ke th¢ budget tight The Children's Centres have transfonned lo Family hubs from April 2024. From l October our new Family Hub ¢ontrdcI will start and we will be delivering this contraci across the whol¢ of Calderdale, this will be an exciting lime for us shaping th¢ work on this n¢w contract, but it will also be challenging due to tbe new budget Constraints. This contracl is now separnled into 2 contracts the 9 daycare PTOViSiOllS aTe on onc wntracl and this is 3 years with poterjtial to extend for a further 2 years and then the Family Support and core offer is on an￿her contract this is a 5 year contrdct with potential to exiend for anoth 5 years. Nelghbourhood Services o increase to ￿ttdIng wag agreed for 24-25. Increa5¢d staffing costs were accommodated through matching staff time to other wntract& In Ibe immediate this has reduced pressure on the contract and alleviated the challenges of delivering the same for less. A discussion for a review of contract amount and length is due during 2025. Grant fvnding for Place Based Social Action work was sustained lo MaTch 25. Additional ￿nding for Community Organising capacity was sccured from Public Health for delivery in 24-26. Staylng Well StsNing Well funding is now secured on a 5 ycar (3+2) contrdct. This commenced in AutLLmn 2024. Additional funding to extend the model to include support for those living with and beyond cancer is securc for 3 years through Macmillan and Wesl Yorkshire Cancer Alliance. This funding will end on December 2027. UKSPF In D¢c¢mber 2025 a 6 month extension to fvnding was agrred. taking the contract end date lo S¢pt¢mbeT 2025. Actlve Travel Active Travel funding was secured from UKSPF, Activ¢ Calderdale and West Yorkshire Combined AuthoTity (WYCA). This will support 2 years of d¢livery. running to approximately Febwary 2027. Parent Chydmpions Parent Champion fijnding is in pla¢¢ until September 2025. It will then move to the new Family Hub contract from l October 2025. P&ge 12 ORTH HALIFAX PARTNERSHIP LIMrrED REPORT OF THE TRUSTEES for the year ended 31 March 2025 STRATEGIC REPORT Community A5S¢t See page I l under ri8ks arnund our vision for taking on a lrtal community assd. srRUCTURE, GOVKRNANCE AND MANAGEMENT Governing d0￿ment Governance North Halifax Partnership Ltd beC￿lle a not-for-profit limited company in January 2(K)2 (company regi5trdtion no. IM365411) and a registered charity in October 2016 (charity registration no. 1169746). Board mcmbcr5 arc therefore Trustees of the Charity and DiTectQTS of the Company. North Halifax Partnership Ltd is gov¢rn¢d by a BoaTrI of TrustC¢5. The Trustees s¢rve a ￿year tem and have the option of 8¢rviDg 2 temis. The articles were reviewed in January 2024. The updated arti¢1¢5 r¢flect the chan8in8 needs of the chaTity and the wider changes the cbarity commission have advised. TTh8tee5 are Governed by a Code of Conduct and are issued with a Board Memberfs Handbook which cov¢rs our history and background. finances, Articles and key objeetives, thanes atKI activiiies, role and duti¢s of Truste¢s. These docLmJents are viewed annually and forn the key part of induction for new Trusttts. Trustees are kept abreast of and encouraged to undertake relevant Lrdining. PAMrd of Trnstees The Board has met on 5 occasions during the year. with a fvrther I I sulKommittee and special meding& The Board controls finanK COntra￿S and service level agreements and appoints Senior Management. Ai ￿ch Board meeting otTAcers submit detailed reports on contr8Ct perfomance and acbi¢vement and finances. Th¢ Board has standing agenda items on ¢qual opportunitiet> and health and safety. During the year the Board I￿S reviewed policies and pr￿￿UreS. The Board ODsideTS and reviews risks facing thc organisation. The key focus of reviews is assessing the likelihood and impact of risk and the Measur￿ being taken to avoid or rethice that risk. The key risk facing the organisation is loss of funding since we are substantially Teliant on public sector funding. The day-l￿d&Y management of the organisation is dclcgated lo the Chief Executive and senior management team. Company limited by guydrnntee North Halifax Partnership Limited 18 a company limited by guarantee and accordingly dKq not have sh&re c&pital. Every membcr of the company undertakes to contribute such aD amount as may be rcquircd Dot excccding £1 to the assels of th¢ charithble company in tb¢ ¢vcnt of its beit)8 wound up while they ar¢ a member, or within one year after they cease to b amember. REFEREIYCE AND ADMINISTRATIVE DETAI￿$ Registered CompaDy number 04365411 (England and Wales) Registered Charlty number 1169746 Page 13 NORTH HALIFAX PARTTr4ERSHIP LIMITED REPORT OF THE TRUSTEES for thè year end¢d 31 M&roh 2025 Registered offie¢ Kevin Pearce Children's Centre Ovenden Road Ov¢nden Halifax West Yorkshire HX3 5RQ Tru8tse$ L J Craigie E Wardman (resigned 7.1.25) S Ha￿iSOn P Robinson S Bowles D Eyers MFee C Gonzal¢z S Clarke (appointed 13.6.24} M Wilson (appointed 25.11.24) S M Hodgson (appointed 30.7.24) (resigned 1.4.25) Company S¢cretary V L Ennis Audltorg SMH Sheards Audit Limit¢d Statutory Auditors Vernon House 40 New North Road Huddwsfield West YoTkshirc HDI 5LS STATEMEh'T OF TRUSTEES, RESPONSIBILITIES The trnste¢s (wbo are also the directors of NTorth Halifax Partnership Limited ftir the purpos￿ of company law) are Tespot)sible for preparing the Report of the Trustees and the financial slatements in accordanee with applicable law and United Kingdom Accounting Standards (United Kingdom Generdlly Accepted A￿OUntIng Practice). Page 14 NORTH HALIFAX PARTNERSHIP LIMITED REPORT OF THE TRUSTEES for the year ended 31 Maryh 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES- eontillued Cimipany law requires the trustee5 to prcpare financial statern￿ts for each financial year. Under that law. the truste£s have elected to prepare the financial statements in accordancc with United Kingdom Genernlly Accepted Accounting Practice nited Kingdom Accounting Standards and applicable law). Under company law the trnstees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of (he charitable company and of the incoming rcsources and application of r￿UrCeS, including thc income and expenditure, of the charitable company for that ￿lOd. In preparing those financial statements. the trusters are required lo select suitsble a￿)UThting policies and then apply them consistently. obs¢rve the methods and PTin¢ipl¢s in the Charities SORP. make judgen]entS and ¢slimates that are reasonable and prudent. state whdher applicable accounting standards have been followed, subjwt to any material departures disclosed and explgined in the financial stslemenls- prepare the financial st8t¢ments on the going concern bgsis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records whicb disclose with reasonable accuracy at any time the financial position of the eharitable company and to enable them to ensure that the financial statements comply with the Companies Ath 2006. They are also responsible for safrguarding th¢ assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as th¢ Iwsltts are aware: there is no relevant audit information of which the clwitable compaDy'8 auditors are unaware. and the tru8lee5 heve tsken all slep5 that they ought to have takcn to make themselv&s aware of any relevant audit inforn)alion and lo establish that the auditors are aware of that Infomation. AUDITORS The auditor& SMH Sheards Audit Limited. will be proposed for re-appointment at tbc forthcoming Annual GeDeral Meeting. Rerth of he trustees. on........ Tporating a strategic report. approved by order of th¢ board of trustees, as the company directors, and signed on the board's behalf by.. DEyers-T Page 15 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF NORTH HALIFAX PARTNERSHIP LIMITED Opinion We have auditsj the financial staternents of North Halifax Partnership Limited (the 'charitable company,) for the year thded 31 March 2025 which comprise the Statement of Financial Activiti• the Balance Sheet, the Cash Flow Staiement and notes to the finan¢ial statements, including a gummary of significant accounting polieies. The financial reporting framework that has been applied in their prq)aration is applicable law and United Kingdom Accounting Standards (Unit¢d Kingdom Generdlly Accepted Accounting Practice). In our opinion the financial statements: give a trne and fair view of the state of the charitable cornpany's affairs as at 31 March 2025 and of its incoming resources and application of Tesources. including Its incom¢ and expenditure, for the year then ended. have been properly prepared in accordance with UDlt¢d Kingdom Genlxally Accept¢d Accounting Prnctice. and have been prq)ared it) accordance with the r¢quirements of th¢ Companies Act 2006. Basls for opinlon We conducted our audit in accordance with IniernAtional Standards on Auditing (UK) (ISAS (UK)) and appli¢able law. Our responsibilities under those standards are further desuibed in the Auditors, respon8ibililies for the audit of the financial statements stttion of OUT report. We are independent of the charitable company in accordance with the ¢thical r¢quiTements that are r¢l¢vant to our audit of the financial $tat¢n)ents in the UK, including the FRC'S Ethical Standard, and we have fijlfilled our other ethical responsibilities in accordance wilh these requirem¢nts. We believe tbat the audit evidence we have obtained is Sufficient and appropriat¢ to provide a basis ft>r OUT opinion. Conclusions reladng to going concern In auditing thc financial statements, we have conclud¢d that the trustees, use of the going concern b￿lS of acwunting in th¢ preparation of the financial statements is appro￿late. Bas￿ on the work we have perfornied, we have not identified any mal¢rial uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charitable company's ability to continue as a going concern for a period of al least twelve months from when the financial stat¢m¢nts are authorised for Issue. Our responsibilities and the responsibilities of the trusltts with respect to going concern ar¢ described in the relevani sections of this report. Other Informatlon The tNstees ar¢ responsible for the other inforni&tion. The other infom)alion comprises the inforniation included yn the Annual Rwr( other than the financial staiemenis and our Re[￿rt of the Indq)endenl Auditors thffeon. Our opinion on the financial stsiements does not cover the other infornlalion and. except lo the exleni otherwise explicitly stated in our report, w¢ do not express any forni of assurance conclusion th￿On. In connection with our audit of the financial srarements, our reswnsibility 18 to read the other inforniation and, in doing so, consider whether the other inforniation is malerially ittconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears lo be marerially misstateAI. If we identify such material inconsistencies or appareni material misstatemenls, we are required to determine whether this gives rise lo a material rnisslalemenl in the financial statements themselves. If. based on the work we have perfomied, we conclude that there is a material missratemenl of this other inforniacion, we are required to report that fact. W¢ have nothing to rel￿ in Ihis re8ard. Opinlons on other matters prescribed by tbe CompAnles Act 211)6 In our opinion, based on the work undertaken in the course of th¢ audit: the infomialion given in the Report of the Trustees for the financial year for which the financial statements are prepared 18 nsistent with the financial 51atements- 4nd the Report of the Trustees has been prepared in accordance with applicabl¢ legal requirements. Page 16 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF NORTH HALIFAX PARTNERSHIP LIMITED Matt¢ts on whlch we are requlred to report by exceptlon In the light of the knowledge and understanding of the dtsTitable company and its environment obtained in th¢ ¢QUTse of the audiL w¢ have not identified mat¢tial Misstal￿￿entS in the Report of th¢ Truste&q. We bave nothing to reFK)rt in respect of the following matt¢rs where the Companies Act 2006 requires us to report to you 1£ in our opinion: adequat¢ awounting records have not been kept or reDJrnS adequat¢ for our audit have Dot been received from branches Dot visited by or the financial slat¢ments are not in agr¢¢meDt with th¢ accounting records and returns. or e￿ain disclosures of trustees, remuneration specified by law ar¢ not mad< or we have not received all th¢ infonnation atjd explanations w¢ require for our audit. Ruponslbllliks of trustees As explained more fully in the Ststement of TTUStees' Resp)nsibilities. the I￿S￿S (who are also tbe directors of the charitable company for the pwp)ses of company law) are re4)onsible for the preparation of the financial statanents and for being satisfied that they give a true and fair view, and for such internal control as the trnstees deterniine is Decessary to enable the preparation of financial statements that are free from material misslatemenL whether due to fraud or error. In preparing the financial statementy the twstees are responsible for assessing the charitable company's ability to ¢ontiDue as a going concern, dis¢losing, as applieable, rnatt￿8 related to going concern 8nd using the going ¢on¢ern b&8is of accounting unless the tn]stees either intend to liquidate the charitsble company or to cease operntion& OT hav¢ no realistic altemativ¢ I￿t to do so. Page 17 REPORT OF THE INDEPEI)'DENT AUDITORS TO THE MEMBERS OF NORTH HALIFAX PARTNERSHIP LIMITED Our resp)nslbill¢les for the audit of the flnAneial stalemenls Our obje¢tives are to obtain reasonable assurance about whether the financial statements as & whole are free from material misstatement, whether duc to fraud or error, and to issue a Rq)ort of the Independent Auditors that includes o￿T opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in ac¢ordance with ISAg (UK) will always delect a material misstatement when it exists. Misstatements can arise from fraud or error and are Considered material if. individually or in ihc aggregat¢, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Our arq)roach to identifying and assessing the risks of material misstatem￿t in respect of irregularilics. including fraud and non-compliance with laws and regulations. was as follows.. the engagement partner ensured that the engagemenl team collectively had the appro￿late competence. Capabilities and skills to identify or recognise non-compliance with applicable laws and regulations,. wc identified the laws and rcgulations applicable to the charity through discussions with trustees, and from our ommercial knowledge and experiet)cc of the sector" we focused on specific law5 and regulation5 which we considffed may have a direct material effect on Ihe financial statements. or the operations of the charity; we assessed th¢ extent of compliance with the laws and regulations identified through making enquiries of managcment., and ensured identified laws and regulations were Communicat￿ within th¢ audit team regularly and the team Temain¢d alert to instances of non-compliance throughout the audit. We assessed the susc¢ptibility of the charity's financia] statements to material misstatement. including obtainin8 an understanding of how fraud might occur, by.. making ¢nquiri& of tnanagunent as to where they ¢onsidered there was suscq)tibility to fraud, their knowledge of actual, suspected and alleged fraud. and considering the internal controls in place to mtti8ate risks of fraud and non-compl?ance with laws and regulations. To addr￿ the risk of fraud through management bias and override of controls. we.. perfornied analytical procedures to identify any unusual or unexpected relationships. tested journal entries to identify unusual transactions. assessed whether judgements and assumptions made in detemining accounting estimates were indicative of potential bias- and invcstigat¢d the rationale behind significant or unusual transactions. In rcsponse lo the risk of irrcgu12rities and non-compliance with laws and rcgulalions, we designcd procedures which included, but wcre not limited 10: agreeing financial staien]ent disclosures to underlying supporting documentation. and enquiring of management as to actual and potential litigation and claiTn5. There are inherenl limitations in our audit procedur&% described abovc. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of nOn-￿mplIanC& Auditing standards also limit the audit procedures rcquired to identify non-compliance with laws and rc8ulations to enquiry of the trustees and the inspection of rcgulatory and legal corres'pondence. if any. Material tDisststeM￿tS that arise due lo fraud can be harder to detect than those that arise from error as the may involve deliberate con¢ealmenl or collusion. Page 18 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF IYORTH HALIFAX PARTIYERSHIP LIMITED A further description of OUT responsibilities for the audit of the financial stalemenls is located on Ihe Financial Reporting Council's website at www.frc.org.uklauditorsresponsibiliti&s. This description foms part of our Report of the Independent Auditors. U$e of our report Thi5 report is made solely to the charitable compaDy'S members, as a b¢)dy. in accordance with Chapter 3 of Part 16 of the Companies Act 2(K16. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state lo them in an auditots, report and foT no other purpose. To th¢ fvllest extent perniitted by law, we do not accept or assume responsibility to anyone other than the charitabl¢ company and the charitable Companys memb￿8 as a body. for our audit work, for this report. or forthe opinions we have forn)ed. Kevin Winterburn FCA {S￿l0r Statutory Auditor) for and on behalf of SMH Sheards Audit Limit¢d Stattrtory Auditors V¢rnon House 40 New North Road Huddersfield West Yorkshire HDI 5LS Page 19 NORTH HALIFAX PARTNERSHIP LIIWllTED ATEMENT OF FINANCIAL AcfiviTIES for th¢ year ended 31 March 2025 2025 Total fiJnd8 2024 Total funds Unrt8tricted nds Restricted nds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 811.591 3,757 815,348 845,212 Charltable actlvltie$ Children's C¢ntres Neighbourhood Management Staying Well PrOj￿t 2234.682 176.779 1,769,241 326,469 319,961 4.003,923 503,248 319,961 3.382,076 287,400 252,765 Invesknent ID¢Om¢ 1,509 2.606 4,115 5223 Total 3,224.561 2,422,034 5,646,595 4,772,676 EXPEIYDITURE Oly Charlt*ble Attivities Children's Centres Nei8hbourhood Manag¢tnent Staying Well Project 2.796,261 91 J73 1.810,508 312,665 312,002 4,606.769 404,038 311002 4240.144 288,420 192.742 97,829 97.829 42,316 Totsl 2.985,463 2,435,175 5.420,638 4,763,622 NET INCOMEI(EXPENDITURE) Transfers betsveen thnds 239,098 27,334 (13,1411 (27.334) 225.957 9.054 13 Iyet movement In funds 266.432 (40,475) 225,957 9.054 RECONCILIATION OF FUNDS Total funds brought fonvard 750,886 143,322 9(KI,208 891,154 TOT AL FUNDS CARIUED FORWARD I,D23,318 102.847 1,126,165 900.20S The notes forn) part of these financial statements Page 20 NORTH HALIFAX PARTIYERSHIP LIM]TED BALANCE SHEET 31 M*rch 202S 2025 Total nds 2024 Total funds Unrestrlcted nds Restri¢led nds Nota8 FIXED ASSETS Tangible assets io 6.354 5,578 11.932 615 CURRENT ASSETS Debtors Casb at bank and in hand li 10,129 1.229,417 10,129 1,340.436 11275 998,089 111.019 1,239,546 111,019 1,350,565 I,O(V).364 CREDITORS Amouttts fa]ling due within one year 12 (222,582) (13.750) (236332) (109,771) ET CURRENT ASSKTS 1.016,964 97.269 1,114233 899,593 TOTAL ASSETS LESS CURRENT LIABILrriES 1.023.318 102.847 1.126.165 900208 I ET ASSETS 1,023318 102.847 1,126,165 9(M)208 The notes form part of th￿C financial ststemenls Pagc21 continued... NORTH HALIFAX PARTNERSHIP LIMITED BALANCE SHEET- cotttinued 31 Mareh 2025 FUNDS Unrestri¢ted fvnds: General fund Comn]unity budgets Mixend¢t) Activity Centre 13 837.575 49,187 136,556 672,fy19 84,837 ,023,318 756.886 Restrict¢d fimds.. Ovenden and Mixenden Initialive WaTd Forum Grnlts Staying Well Nursery Education Funding Place Based Social Action UK Shared Prosperity Fund 4,948 4.342 75,345 1.990 4,775 92,594 8,348 21,169 14.446 10,193 8.019 102.847 143,.322 TOTAL FUNDS 1,126,165 900,208 The financial statements were approved by th¢ Board of Trustees and authorised for issue on and were signed i)n its behalf by: /9...//.:..15.......... D Eyers- Tru. Th¢ notes forni part of these fmancial statements P4g¢ 22 NORTH HALIFAX PARTNERSHIP LIMITED CASH FLOW STATEMENr for the ye*r ended 31 March 2025 2025 2024 C*sb Ilows from operatlng acdvltles C&8h generated from optrations 353,700 66,E43 Net cash provided by operating activities 353.700 66.143 Cash flow6 from Investlng Acdvltks Purchase of tangible fixed assets Intaest received (13.288) 1,935 1251 N¢t casb {used in)Iprovided by investing activities (11.353) 1251 Change In easb And easb equlvalents In the reporting period Clsh and cash equivalents at the beginning of the reportin% period 341347 67,394 998.089 930,695 Cash and cash equlvalents at the eDd of the reporting period 1.340,436 998,089 The notes fonn part of these financial statements Page 23 NORTH HALIFAX PARTNERSHIP LIMITED NOTES TO THE CASH FLOW STATEMEY4T for the year ended 31 March 2025 RECONCILIATION OF YET INCOME TO NET CASH FLOW FROM OPEIL4TING ACTIVITIES 2025 2024 Net ineome for the reporting period (as per the Ststement of Financi41 Aetivitles) Adjustments for: Depreciation char8¢S Interest received Decreasel(increase) in d¢btOTS Increase in creditors 225.957 9,054 1.971 (1.935) 1,146 126.561 13.347 (1,251) (11275) 56268 Net ￿$h provlded by operailons 353,700 66,143 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At31.3.25 Net casb Cash at bank and in band Y)8,089 342.347 1,340,436 998,089 342,347 1.340,436 Totsl 998,089 342.347 1,340,436 The notes forn) part of these financial statements Page 24 NORTH HALIFAX PARTNERSHIP LIMITED NOTES TO THE F￿ANCIAL STATEMENTS for the year ended 31 Mar¢h 2025 ACCOUNTING POLICtES Basls of prep*ring the tlnantlal statements The fiDancial statements of the charit8blc company. which is a public benefit entity under FRS 102, have been prepareA in accoTdancc with th¢ Charities SORP (FRS 102) 'A￿oUnting and Reporting by Charities.. Statement of Recommended Practi¢e applicable to chaTitic5 prqmring ibeir a￿OuntS in acccfdancc with the Financial Reporting Standard app]i￿able in the UK and Republtc of Ireland {FRS 102) (effective l January 2019).. Financial Reporting StaDdard 102 The Financial Reporting Standard appli￿b]e in the UK and Republic of Ireland and the Compani&8 Art 2006. The financial statements have been prcpaTrd ullder ihe historiLxI cost convention. Income All income is recognised in the Stataneul of Financial Activities (SOFA) once the chaTity has entitlement to the fiinds. it is probable that the income will be T¢c¢iveAI and the amimmt can be measured reliably. The following specific poliGi¢s ar¢ applied to particular categori&s of income: Voluntsry tncome is received by way of nursery and 8roup few grants and donations and are Includ￿ in full in th¢ SOFA when receivabl Grants where entltlement is not conditional OD the delivery of spwific ptrforniance by the charity, are re￿gnised when the charity bec(Kn¢s unconditionalty entitled to the gryanL Grant& including government grants. Ihai are classed as restricted. are recognIs￿ wh&) the charity receives the grant. Any residual ￿ndS are caTried forward to be relea%d against related expenditure as it is incu￿¢d. Income from investments and sundry incom¢ such as room hire eharges. are included in the year which it is receivable. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing th¢ charity to that expendIm￿ it is probabl¢ that a transfer of economic bencfitb will be requir￿ in settleJnent and the amount of thc obligation can be measured reliably. Expenditure is accounted for on an accruals b&sis and has bccn cla5sificd unts headings that aggregate all ¢ost related to the category. Where costs cannot be directly attributed to particular headings they have been allocatal to activitics on a basis consistent with the use of Tesourc¢s. Tanyl)le fixed a55ets Depreciation 15 provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to prot Fixtures and fittings Computer equipment IOYO on c4)st 250/0 on reducing balan¢e 330/0 on cost Taxatlon The tharity is exempt from cOr￿Tati(￿ tsx on 7ts charitable acliviti¢s. Fund accounting Unrestrici¢d fvn(ts can I￿ used in accordan¢¢ with the charitable obiectiV&8 at the discretion of the trustees. Restrlcted fi￿a8 can only b¢ used for particular r&8tricted purposes withiD the objects of tbe cbarity. Restrictions arise when Sp￿]fied by the donor or when funds are raised for particular restricted purposeg. Page 25 C4)ntinued... NORTH HALIFAX PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025 ACCOUNTING POLICIES- eontinued Fund ae¢ountlllg Further explanation of the nature and pu4x)se of each ￿nd ts included in the notes to the financial statements. Penslon costs and other post-retirement benefits The charitablc company opeTates two defined contribution pension schemes. Contributions payable lo the charitsble company's pension schemes arc charged to the Stalemenl of Financial Activities in the period to which thcy relate. Th¢ asset's of the schemes are held separately from thos¢ of the Charity in ind¢pendently adtninisteTed funds. DONATIONS AND LEGACIES 2025 2024 Childcare and group f¢a5 815,348 845,212 INVESTMENT INCOME 2025 2024 Room hire income Deposil account int47¢St 2,180 1,935 3.972 1,251 4.115 5223 INCOME FROM CHARIT ABLE ACTIVITIES 2025 2024 Activity Children's Centres Neighbourho(MJ Managejncnt StayiDg Well Project Grants Grants Grant5 4,(K13,923 503,248 319.961 3.382,076 287,400 252,765 4,827.132 3.922,241 Page 26 conlinued... NORTH HALIFAX PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the y¢ar ¢nded 31 March 2025 CHARi'fABLE AcfiviTIES COSTS Support costs (see note 6) Direct Costs Totals Children's C￿treS Neighbourbood Management Staying W¢ll Project 4,048,951 403,291 311.760 557,818 747 242 4.61kn,769 404.038 312.0(T2 4,764,002 558,807 5,322.809 SUPPORT COSTS Governance ¢0sls Management Totals Other resources expended Children's Centres Neighbourhood Management Staying Well Project 63233 556,478 743 242 34,596 1,340 97,829 557,818 747 242 620,696 35,940 656,636 NET INCOMEI(EXPENDITURE) N¢t In￿m&(cApenditUYc) is slatd aft¢r chargingl(crediting): 2025 2024 Auditors, remuneration Dq)reciation- owned Rssets 8,941 1.971 8,160 13.347 TRUSTEESI REMUNERATION AND BEIYEFI]3 Ther¢ were DO trustees, remuneration or othcr b¢nefits for the year ended 31 MaTch 2025 nor for the year ended 31 March 2024. Tru$teeg' expenses Ther¢ w¢r¢ no trustees, expen8es paid for the yw ¢Dded 31 March 2025 nor for the year ended 31 Mareh 2024. Pag¢ 27 ontinued... NORTH HALIFAX PARTNERSHIP LIMITED Tr40TES TO THE FIIYANCIAL ￿ATEMENTs- eontinued for the year ended 31 March 2025 STAFF COSTS 2025 2024 Wages and salaries Other pension costs 4,140.073 163,014 3,728,170 145,544 4,303,087 3,873.714 The averag¢ monthly numberof employets duting the year was as follows: 2025 139 25 18 2024 141 25 16 Charitsble activities Administrative Gov¢rnance 182 182 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 w&s.' 2025 £60,001- £70,0(KJ 2024 io. TANGIBLE FIXED ASSETS Improvements to Fixtures Computer equipment property fittings Totals COST At l April 2024 Additions 56,612 22,585 119,036 13.288 198,233 13,288 At 31 M￿h 2025 56,612 22.585 132J24 211,521 DEPRECIATION At l April 2024 Charge for year 56.612 22,372 54 118,634 1.917 197,618 1,971 At 31 M￿h 2025 56,612 22,426 120,551 199.589 NET BOOK VALUE At 31 March 2025 159 11,773 11,932 Ai 31 Mareh 2024 213 402 615 Page 28 continued... NORTH HALIFAX PARTNERSHIP LJLWTED NOTES TO THE FINANCIAL STATEMENTS- tontlnued for the year ended 31 Mareh 2025 ii. DEBTORS: AMOUNTS FALLING DUE WJI'HIN ONE YEAR 2025 2024 Prepayments 10.129 11.275 12. CREDJTORS: AMOUIYTS FALLING DUE W]THIN ONE YEAR 2025 2024 Trade credttors Defwred income Accrued expenses 209,368 86,101 15,510 8.160 26,964 236,332 109,771 13. MOVEMENT lly FUTr4DS Net movement in fimds Transfers between funds Ai 31.3.25 At 1.4.24 UDrestricted fullds General fund Children's Centres Communtty budg¢ts Mixenden Adivity Centre 671049 159,801 (6.109) {35,650) 121,056 5,725 6,109 837,575 84,837 49.187 136.556 15,500 756,886 239.098 27,334 1,023,318 Restrl¢¢ed fvnds Ovenden and Mixenden Initiative Ward Fornm Grants Staying Well Nursery Education Funding Place Basal Social Action UK Shared Prosperity Fund 1,990 4.775 92594 8,348 21.169 14,446 16,801 (433) 7,959 (35.078) (7,547) 5.157 (13,843) 4.948 4,342 75J45 (25,208} 26,730 (3.429) (11.584) 10.193 8.019 143J22 {13,141) (27,334) 102.847 T(yfAL FUNDS 900208 225.957 1,126,165 Page 29 continued... NORTH HALIFAX PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontlnued for the year endeql 31 March 2025 13. MOVEMENf IN FUNDS- continued Net movement in funds, includvd in the above are as follows.. Incoming resources Resources expended Movement in fimds Unrestrlcted thnds General fund Children's Centres Conm)unity budgets Mixenden Activity c￿tre 908,166 2.139,616 37.102 139.677 (7421.365) (2.145.725) (72.752) (18.621) 159.801 (6.109) (35.650) 121,056 3224,561 (2,985,463 } Restri¢te41 funds Ovenden and Mixenden Initiative Ward Fornm Grdnts Staying Well NuTsery Education Funding Place Based Social Actio UK Shared Prosperity Fund 239.098 177.824 20510 319961 1.775,430 53.755 74.554 (161.023) (20.943) (312.002) (1,810.508) (61.102) {69J97) 16,801 (433) 7,959 (35,078) (7,547) 5.157 2,422,034 (2.435,175) (13.141} TOTAL FUIYDS 5.646.595 (5.420,638) 225,957 Page 30 continued... NORTH HAIJFAX PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMEN13- ¢ontinued for the year ended 31 M4r¢h 2025 MOVEMENT IN FUNDS - eonthiued Comparnlives for movement in funds Net Mov￿llent in fvnds Transfers betwe funds At 31.3.24 At 1.4.23 Unrestrlcted funds Genernl fvnd Children's Ccntres Community budgets 678.256 127,088 (163542) (58.144) (133,295) 163542 45.740 672,049 97241 84.837 775.497 (94,598) 75,987 756,886 Restrieted fundi oV(￿den and Mixenden Initiative Wanl Forum Grants Sthying Well Nursery Education Funding Place Based Social Action UK Shared Prosperity Fund 1.988 6.005 93,804 2,495 11.365 15.417 (1,230) 60.023 (9569) 13.122 25.889 (15,415) 1,990 4,775 92594 8.348 21,169 14.446 (61233) 15.422 (3,318) (11.443) 115.657 103.652 (75.987) 143.322 TOTAL FUNDS 891,154 9,054 9(M)208 Comparative net movernent in hnds. included in the abov¢ are As follows: Incoming resources Resources expended Movement in funds Unrestritttd fund8 Generdl ￿lld Cbildro)'s Ccn¢r&q Community budgets 852,692 2,179,229 7.783 (725,604) (2,342,771) (65.927) 127,088 (163542) {5S.144) 3,039.704 (3,134,302) (94,598) Restrlcted fvnds Ovenden and Mixetkdcn Initiative Ward Grnnts Staying Well Nursery Education Funding Based S￿1￿[ Action UK Shared Prosperity Fund 169500 20.930 251765 1202.590 21659 64,528 (154.083) (22.160) (192,742) (1.212.159 } {9537) (38.639) 15.417 (1230) (rfi.023 (9569) 13,122 15.889 1.732,972 {1,629,320) 103,652 TOTAL FUIWS 4,772,676 {4.763,622) 9,054 Pag¢31 continued... NORTH HALIFAX PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued for the year ended 31 March 2025 14. RELATED PARTY DISCLOSURES Th¢re werc no related paty transactions for the yeaT ¢ndd 31 March 2025. Page 32 NORTH HALIFAX PARTNERSHIP LIMITED DETAILED STATEMEiYf OF FINANCIAL ACTIVITIES for the y¢ar ended 31 MaT¢h 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons and legacles Childcare and 8roup fees 815,348 845,212 Investment Ineome R¢)om hire income D¢￿sit account interest 2,180 1,935 3,972 1251 4,115 5223 Charit*ble aetivities Grants 4,827.132 3,922,241 Total Incomlng resources 5,646,595 4,772,676 EXPENDITURE Charhable acdvltles Wages Pellsions Ratas and water Light and hcal Te]￿hOne Postage and stationery Advertising Sundries Staff training Travel expenses Cleaning and maintenance Health and safdy Cost of delivering s¢ryi¢es Nursery and group food Subscriptions and ￿lS￿￿tiOn IT costs 3.692.667 146,958 17,259 79,895 6,426 21,851 17.548 4,740 38,607 17.764 276,666 1.840 349,602 69,095 15,637 7.447 3284,195 128.375 12,536 82.632 9.253 19,411 6,254 1,027 40,023 17,743 113.151 2,343 311138 60.529 12.917 7,272 4,764,￿2 4,109.799 Support ¢o$ts Manfdgement Wages Carried forward 447.406 447,406 443,975 443,975 This pagc does not forni part of the statutory financia] ststements Page 33 NORTH HALIFAX PARTNERSHIP LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year end¢d 31 ivlarch 2025 2025 2024 Management Brought forward Pensions Insurdnce Telephone Postsge and stationery Advatising Sundries Subscriptions and registration IT costs Repai￿ and maintenance Depreciation of fixtures & fjttings Depreciation of ¢omputer equipment 447,406 16,056 26.268 13,268 10,598 31,737 1,733 8,932 62,320 407 54 1.917 443,975 17,169 32,661 19,090 13,462 8.772 2,036 8,604 66,893 975 70 13277 620,696 626.984 GovernAn¢e costs Auditors, remuneration Leg81 fees Recruitment Bank charg&s 8.941 25.029 1.142 828 8.160 15,950 2.020 709 35,940 26.839 To¢al resources expended 5.420,638 4,763,622 Net income 225.957 9.054 This p&ge does not forni part of the Sta￿tOry financial ststernents Page 34