PETERSFIELD
PARTNERSHIP
Trustees Annual Re
ort From 01
03
2023 to 31
03
2024
Th• P•t•rsfleld ParlMr•hlp CIO- R•glstered Charlty No 1202135
About V•
The Petersfield Partnership is a new charity set up on the l March 2023 with the aim to oversee the bulld and
running ofa new community hub in St Peters Cheltenham, which is a very deprived a￿a, our aim is to improve
the live5 of local resldents through better facilities and a wide range of activities.
Tnista•s
The charity started with lust three trustees, but soon grew to the tur￿nt six, all have a varlety of skllls.
Name
Gary Goodhall
Role
Chairman
Blo
Experience in communlty events, fundraisin&
coaching sports for over 40 years.
I CIMA qualified accountant and Amcf qualified
i treasurer who lives locally, 20 years, experience in
financial and treasury management
Has played and coached Saracens for around 20
years, so has great knowledge of the area, CIPS
qualified with over a decade's experience In
procurement and supply chain.
Lives locally, has a wealth of experience In
community engagement, fundraising and
organisational skills. also works for Te5CO as the
community champion.
Has lived locally to St Peters and has coached
football in Cheltenham for many years, has 8reat
organisational and people skills.
Grew up locally, has played and coached football at
Saracens, 30 years of experience in the constructlon
industry as a contracts manager and a member of
the NICEIC
Shelly McLau8hlin
Treasurer
Ryan 8etteridge
Trustee
Marisa Regan
Trustee
Gerry Oldham
Trustee
Graham Roberts
Trustee
The trustees are made up of local volunteers who have all lived and worked in the area we serve, all have
great knowledge ofthe area and understand the issues they have.

Structurn Gov•rnance & Mana
ement
Governing Document- Constitution adopted 25101123
The charity is registered as a Charitable Incorporated Organisation {ClO)
Trustees are appolnted at any tlme if all agree or reappointed annually at the AGM.
Ob
OGtlves
Since our formation our main objective has been to start to bulld a new community hub, total costs will be
around £1.2 million, we managed to secure just over £1 million in grant funding through various avenues, and
plan to fundralse for the outstanding amount, since securing the funding we have had drawings produced and
had planning permlsslon 8ranted, we have employed a project manager, quantlty surveyor and had formal
quotatlons back for the maln contractor.
The next step5 wlll be to Start construrtion On￿ a lease has been agreed with Cheltenham Borou8h Countil.
Our alm Is to Improve the lives of local residents by giving them better facllities and improved access to soclal,
physlcal and mental activities, 8ivin8 them the tools to improve thelr own Ilves and 8ettlng them involved In
plannlng events that they want to be part of, creating a stronger community.
Actlvltlos & Achl•v•m•nts
Actlvities this financ5al year have been limited as activity has been focused around p￿-cOnStrUctIon plans,
plannlng appllcatlons, securin8 grant funding, and general preparation for the build project for the new
community hub, once this is complete it will give us a base where we can expand the artivities we can offer.
In the future. once the new communlty hub is bullt we wlll be lookin8 to expand our activlties.
offering structured access to 5POrts, education, wellbelng and mental health classes, fitness, cooklng and
eatin8 healthy cla55e5, movie night5. mother and baby drop in sessions, IT skills to name just a few.
We are very grateful to all the efforts by our trustees and volunteers without thelr hard work, dedicatlon and
many hours spent volunteerlng we would not be in the 8reat position we are now.

Flnanclal Revlew
Since the formation of the charity we have been concentrating on raising funds for the new buildin& securing
almost £1 million in grant fundin& this has been in the way of Brants in principle, these are-
Funder
Community Ownership Fund ICOFI
Community Ownership Fund ICOFI Le
Big Local
Big Local Additional Funding
Cheltenham 8orough Councll
Cheltenham Borou
h Homes
OPCC- Police Commi55i0ner
Total
£450,(X(J.(X)
£8,0￿.()}
£350.(￿.
£109,643.(K)
£26,132.00
£25,¢J)J.CKI
£22.CW.LN)
£990,775.
al fees
Whilst the above has been agreed in principle, for the majority of the grants, fund5 wlll only be released once
we have a si8ned lease for the ground that the building will be built on.
Once the building is up and running this will produ￿ revenue for the charity to become self-sufficient whi15t
still applying for future grants and organizing local fundraising events will making the charity even stronger.
Currently our outgoin8s are limited to costs directly connected to the build, these comprise a small number of
Invoices for our consultants, e.8 Quantity Surveyor, Project Manager, Searches, ground investigations.
As a new charity which initially is focused on the building of a new cornmunlty hub. the malorlty of funds
ralsed are restrlcted for the purpose of building the hub and associated costs, these funds are held wlth
Locally Trusted Organlsation "LTO" and released in instalments to pay suppliers as the involces fall due.
Petersfield Partnershlp has 155ued no guarantees and has no secured debt or recurrlng Ilabilltles, which means
reserves held are minimal and as a result the Charity does not currently have a reserves policy. At the year-end
£1,479 of reserves were held. As the build project progresses and Petersfield Partnership grows to perform
more community activities, these reserves will grow and a reserves policy will be established prior to this
polnt.
Rlsks
The risks associated with our charity are minimal as we have no paid staff and no runnin8 Costs, so if
fundraising or donations dry up we have no financial obligation5 to meet.
We do, however, have some time restraints on the above funding from COF and The Big local, to retain the
COF money building work must commence before December 2024 and the Big local grant expires in 2025 so
delays to commencement of the build could result in the10s5 of this funding.
Post Yoar End Dovelo
ments
Unfortunately following the year end. in September 2024 COF confirmed that due to delays with the project
and the likelihood of further delays the £458k of funding was no longer available. As a si8nificant portion of
the funding toward the buildin& this loss of funding Puts the project in its current form in jeopardy.
Alternative options are to raise other fundin8 to replace the lost COF money, however this will necessitate
further delays and risk expiration of other grants, or to proceed with an alternative scaled- down building
within budget from the remaining grants. At the time of writing (January 2025) both the IcKal countil Iwho

own the land on which the revised building would be built) and the remaining funders are supportive of an
alternative building.
Declaratlon
The trustees declare that they have approved the trustees report above.
Full Name - Gary Goodhall
Positlon Chairman
Signed - G Goodhall
THE
PETERSFIELD
Reglstered Chartty No 1202135
St Peters, Cheltenham. GL519DY

CHARITY COMMISSIO
FOR ENGLAND AND WAIE
THE PETERSFIELD PARTNERSHIP CIO
Receipts and payments accounts
CC16a
Fw th* ￿riod
To
01fi)YW23
311(XY2024
Un￿trICted
Restrlcted
Endowmortt
fitrnrt*
Tot•1 fundo
Last yo•r
thg i.= .:__
loth• M•rn•t£ ta tPbt Il•lf•&E£ )>th¢ rwr¢rt£
A1 R•eelots
tsrant
Grant FWKI ?
Sub total(G￿ inGome for
AR)
A2 A•••t •nd In¥Mkn•nt••lM.
¥514
Sub totsl
110
¥814
A3 P8vmènt*
Buikl Pr4￿*. th¥•r*•tr4
Buikl Pmjxa. Quantsty Sur%
Bulk4 ProJ•(*. Groun(J in¥wib)
bu1￿ PruJ•¢t- Trae Idling
1,224
9.120
9.120
5.175
S,175
Bulk1 Prcwct.Ta¥ *
Indemnty Insurnr
324
io
10
Sub fotai
io
A4 A••et and Invo8tm•nt
purcha•M, Iv• tsbl•l
Sub total
34026
03S
N•t of r•¢•1p￿{Payn￿JtsJ
AS Trdn8forn bgtw8en fund•
AO C¥$h fvnO8 l•st yo#rwKI
Cash funds thls yw •nd
1.479
11x1
1.379
1,479

Section B Statement of assets and liabilities at the end of the period
Unrea￿Cted
Restricted
Endowment
Categories
Dètsil*
Bl Caoh fvnd8
Total &•sh fund
1A79
Endowment
fund•
fvndj
lund*
11.025
Furbj towhkh
••••i
Curr•nt valu•
Details
83 Invo•tm•Trt a•••ts
towhbrh
Curr•nt v•lu•
onal
Details
84 As••ts r•talned for tho
charlty'• own u••
Fundto *hkh
W￿n du•
ona
Dotaiis
B6 Llabllltl•s
PW. JtnK*urnl wgireering
s￿1¢¢1 inYoc•J knJt￿t￿
Signed by one tNstses on
haNof all Ihe t￿$￿8
Skanature
Prfnt Nam•
Date of
foval
Gary Gc4>attal
26101rd025

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
The Petersfield Partnership CIO
On accounts for the year
ended
31-03-2024
Charity no
(if any)
1202135
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity {'Ihe Trust'} for Ihe year ended 3110312024
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation
basis of report of the acwunts in accordance with the requirements of the Charities Act
2011 Ilhe Act.).
I report in respect of my examination of the Trust's accounts carried oul
under section 145 oflhe 2011 Act and in carrying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145(5){bl of the Act.
I have completed my examination. I confim that no material matters have
ome to my attention (other than that disclosed below ") in connection with
the examination which gives me cause lo believe that in, any material
respect:
a¢¢ounting records were not kept in accordan￿ with section 130 of
the Act or
the accounts do not accord WFth the accounting records
Independent
examiner's statement
I have no Gon￿mS and have come aGross no olher matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the account5 to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
Name:
Sarah Jane Willis. FCCA
Relevant professional
qualificationls) or body
(if any):
ACCA member no 0102961
Address:
Orton House, Middle Hill, Stroud, Glos GL5 1 NT
IER
October 2018

Section B
Disclosure
Only complete rf the examiner needs to highlight matters of concem (see
CC32, Independent examination of charity accounts: directions and guidance
for examiners).
Give here brief detsils
of any items that the
examiner wishes to
disclose.
IER
October 2018