CYARITY REGISTRAYION NUMBER: 1203318 COMPAIIY NUMBER: ce032459 Church and Community Partnership {Tynedale} Trustees. Annual Report & Flnancial Statements 31 March 2024 SON COATES AU ITED Chartered Accountants & Statutory Audltor West 2, Asama Court Newcastle Business Park Newcasde upon Tyne NE4 7YD
Church and Community Partnership (Tynedale) Financial Statements Period ended 31 March 2024 Page Trustees. annual report Independent examinerfs report to the TrEtstees Statement of financial attivityes (Incorporatlng the Income and expenditure account) Balance Sheet Notes to the financlal statemerts
Church and Community Partnership (Tynedale) Trustees. Annual Report Period ended 31 March 2024 The trustee5 present thelr first report frjr Church and Communlty Partnership (Tynedale) ffthe charity? and the unaudited financial statements of the charity for the period ended 31 March 2024. R•ference and admlnistrative detalls RegISter charlty namè Churth and Communlty Partnershlp (Tyea) ChaTity reglstntion number 1203318 Company number CE032459 i>rfnclpal offlce CCP Clo Hexham Abbey Abbey Cottage BeaL¢mont Street Hexham NE46 3NB john Squires Rev John Ernest Sadler Rev David Charle5 Glover PrL)fessor John Burgess Goddard OBE, PhD Rev Marie Louise Beard Appointed 31 May 2023 Appolnted 31 May 2023 Appotnted 31 May 2023 Appolnted l July 2023 Appotrnted 14 December 2023 Appointed 14 December 2023 Dr Helen Lesley Paterson Independert examlner John Oswald BA FCA Stephen50n Coates Audit Limited West 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD Bankers CAF Bank Llmlted 25 Kings Hill Avenue Klngs Hill West Malling Kent ME19 41Q
Church and Community Partnership {Tynedale) Trustees. Annual Report (continued) Period ended 31 March 2024 Strurturei 90vtrn4n aftd management Gove nrn documen and membe Church and Communlty Partnershlp (Tynedale) is a Charitable Incorporated Organisatlon (CIO) established on 31 May 2023. govemed by its constitutlon. The Charity Registration number Trs 12Q3318 and the Company registration number is CE032459. Intment and r ent ofT The Chaty currently has six trustees. Recruitment of trustees Is undertaken by the trustees ès the need aTises in order to ensure that charity trnsrees collectively have the necessary skills, knowledge and experience for the effettive admini5tratron of the CIO. New treeS are briefed on the powers and responslbllitie5 of the twstee5 and are provlded with a copy of the charity'5 current constittstlon. They are also brlefed on the objectives of the charity and the recent financial performance of the charity. Isation The chaty is managed by the trustee5, who mèet at least qu8rterFy, or more frequently if thè need arises. There must be at least three tnjstees and a maximum number of tv4èlve. If the number of trustees falls below the minimum the remalning trustee or trv5tees may att only to call a meeting of the tnjstees to appornt new trustees. Apart from the flrst trustees, evèry trustee is appornted for term of three years. Fkns em Thè trustees have carried out a risk assessment to rdentity the major governance, financial, operational and Complian risks which the chartty faces and this is reviewed each year. Pmcedures have been established to enable the trustees to rnonltor and mittgate those risks. ObJeLtlves and activttles for the pubJl¢ benefft The objèrtives of thè CIO are.. For the public benefit, to promote the effective use of resources for tharltsble purposes by charitable and nort-charitable bodles in partlcular by the provision of co-ordination, support, advice, training and the facilltation of cooperation and partnership to and between third sector, statutory and other relevènt bodies lindudrng churches and their congregations) so that experttse and skills may be shared In addresslng charitsble neèds Identified within Tynedale. {In particular but not limlteé to poverty, health and educatr"on). For the purpose of thSs objett.. a) third sector means charltles, voluntary organisatrons and social enterprises. b) Charltres are organisations whid) are established fvr èxcluslvely charltsble purposes in accordan wlth the law of England and Wales. cl Voluntary organlsatlons and social enterprtses are Independent organlsatlons. which are established for purposes that add value to the commtsnity as a whole or a significant 5ectlon of the communlty, and whlch are not permitted by their constitution to make a profit for prlvate distribution.
Church and Community Partnership (Tynedale) Trustees, Annual Report (continued) Period ended 31 March 2024 Statem*Tht of Trust• Responslbllltles The Trustees are responsible frjr preparÉng the Trustees, Report and the finandal ststements In accordance with applicable law and Unlted Klngdom Accounting Stsndards {United Kingdom Generally Accèptsd Accounting Prattice). The law appllcable tr) chaNties in England & Wales reqLEires the trustees to prepare financlal statements for each financial year which glve a true and Pdir vtew of the stste of affairs of the charlty and of the incoming resources and application of resources of the chaty for that period. In preparing these flnancial statements, the trustèes are requireil to- Selett suirabje ac(Duntlng policies and then apply conslstently,. Observe the method5 and prlnciples the Charities SDRP,. Make Judgements and estlmates that are reasonable and prudent- State whether applicable accounting standards have been follow&Y, subj.ert to any materÉal departures disdosed and explakne(l in the finanoal statements. and Prepare the financial statements on the going concem basls unless It Is inapproprlate trj presume that the charrty will contlnue its activlties. The trustees are responsible for keeplng adequate accounts.ng records that disdose with reastsrjable accurary at any time the financial position of tt)è tharity, and to enable them to ensure that the finandal statements comply with the Charitie5 Att 2011. the applltable Charity (Accounts and Reports) Regulations, and the provtslons of the charity.es govemlng document. They are also responsible for safeguarding the assets of the charity and t4n9 reasonable steps frJr the prevention and detettion of fraud and other Irre9ularltles. The tru5tees' annual report was approved on 5 December 2024 and Signed on behalf of the board of trustee5 by.. John SqLtires Trustee, Chair
Church and Community Partnership {Tynedale) Trustees. Annual Report (continued) Period ended 31 March 2024 AchIevemts and performan¢¢ Since Stsn9 the charlty tn October 2022, the CIO has been active in building relationshlps with c()mmunlty partners and developing the schedule of events to be held. We are Incredibly grateful to receive fvnding from the Squlres Foundatlon which enabled us to second a member of stèff from a communlty partner. This donated support role Is expeLted to continuè. Golng Concem The trtteeS has reviewed its cash flow forecasts and the 15 4 reasonable expectation that it has adequate resources to continue in operational existence for at leagt the next twelve month5 ant1 on this basis the charity is consldered to be a golng concem. Flnanc4al revlew and reservès poll¢y During the peNod to 31 March 2024, total Income r1Ve by the charity was É58.354 all of whlch was unrestritted income. Total expenditure for the perlod ended 31 March 2024 was £54,304 resultlng In a net Income position at period end of £4,050. UnStrtcted reserves at 31 March 2024 were £4,050, and there were no restrtcteil reserves. The overall funds position for the charfty at 31 March 2024 was £4.050. Flnandal revl•w and rnserves wllcy As the Charity is in Its development phase, it ctsrrently does not hove a resetves pollcy In pla for the period ended 31 March 2024. The operational moilel is l)eing developed for the running of the tharfty and will be used to inform thè reserves policyi which will be in place for the accounts year ended 31 March 2025.
Church and Community Partnership (Tynedale) Independent Examiner's Report to the Trustees of Church and Community Partnership {Tynedale) Period ended 31 March 2024 I report to the trustees on my examination of the financial statements of ChLFrch and Communlty Partnershlp {Tynedalel ('the charity,) for the period ended 31 March 2024, which are set out on pages 6 to 12. Responslbllltles and bas1$ of rnport As the trustees of the charity, you are responsible for the preparation of the flnan¢ial statements In accordan with the requirements of the Charitles Act 2011 I'the Act'l. l pOrt in respect of my examlnation of the charity's finandal Statements carried out under sertlon 145 of the 2011 Att and Sn carrying out my examination, I have followed all the appllcable directiC+ns given by the Charity Commission under 5ertlon 145151(b) of the 2011 Art. Independent examlner's statement I have completed my *xaminatSon. I confirm that no material matters have come to my attention In conne£tlon with the examinjtion givlng me cause to believe that In any material respett: the accounting record5 were not kept in respett of the charéty as required by sertion 130 of the Art.. or the flnandal statements do not accord with those accountlng records,. or the financlal statements do not comply with the appllcable requlremerts concemlng the form and content of the financial statements set out in the Chariknes {Accounts and Reports) Regulations 2008 other than any requirement thot the Ilnanclal statements glve a 'true and fair. vlew which Is not a mattef considered as part of an independent examinatlon. I have no concems and have come acmss no other matters In connettion wlth the examlnatlort to which attention should bè drawn In thls report In order to enable a proper understanding of the financlal statements to be reathed. John Oswald BA FCA Member of the ICAEW Stephènson Coates Audit Llmlted West 2, Asama Court Newcasue Business Park Newcastle upon Trne NE4 7YD 5 Decèmber 2024
Church and Community Partnership {Tynedale) Statement of Financial Artivities (incorporating the income and expenditure account) Period ended 31 March 2024 2024 Unrestricted ftFrid5 Restrtcted fijnds Tirtal ffunds Incomo and endowment$ Donatlonsi glfts and grants Investment income 58,344 io 58,3H Total Income Expendlture Expenditure on charltable activities 54,304 Total expendlttsre 304 Net Incomlng resourcÉs and nat mrvement In funds Recondllatlon of funds Total funds brought rorwartl Total carrled forward 1¥12 The staternent of financtal actIvIeS includes all gains and losses recognised In the year. All Income and expendlture derive from contlnuing actlvities. The on pag•s 8-11 form of fittand•l t•t*meDI
Church and Community Partnership (Tynedale) Balance Sheet 31 March 2024 2024 Note Cash at bank and In hand 5,611 Credltors: am(bunts falllng due wlthln one va•r io Net current awts *oso Total assets loss current Ilabllltles 4,050 Funds of the chjrlty Unrestrirted funds Re#ricted funds 4,050 Total charlty funds 11. 12 4.050 These flnancial statements were appmed by the board of trustees and authortsed for issue on 5 December 2024, and are signed on behalf of the board by: John Squires Trustee. Chair The not¢$ pag•¥ 8-12 form p•rt0fth•11nafft•I •tat•tr.
Church and Community Partnership (Tynedale) Notes to the Financial Statements Period ended 31 March 2024 Goneral Inlorniatlon The charfty is a reglstered charity in Englan(J and Wales and Is a charitable Incorporated organlsatlon (charity number 1203318 and company number CE032459). The at1dress of the principal office Is CCP Clo Hexham Abbey, Abbey Cottage, Beaumont Street, Hexham. NE46 3NB. Statement of Compllance These financial ststements have been prepa in compliance wlth FRS 102, Yhe Financlal Reportlk)g Standar¢J applicable in the UK and the Republic of Ireland,, the Statement of Recommended prattl appIlble to chants.es pparing their accounts in accordan with the nancial Reporting Standard applicable in thè UK and Republlc of Ireland IFRS 102) (Charities SORP (FRS 1021) and the Charities Act 2011. Aecountlng pollcles Basls of preparatlon The financral statements have been prepared on the hlstorlcèl cost basi5. The flnanclal statements are prepared In sterjing, which is the funttronal ctsrrency of the entity. Church and Communlty Partner5hlp (Tynedale) meets the definitlon of a publlc beneflt entty under FRS 102. GolTr9 concern At the tlme of approvlng tt)è finanaal statements, the trustees have a reasonable expettation that the chaTity has adequate resources to conttnue In operational existence for the foreseeable future. The trustees are confiQent that the charity has sufficient worklng capital to meet its liabsiiknes as they fall due for a period of at least 12 months from the date of approval of the finanoal statements. Therefore, the trusteès continue to adopt the going concern basls of accountlng In preparing the financial statements. Judg•mènts and key sourtes ol •sUmatlon unortalmy The preparation of the financlal statements requlres managemènt to make JLN1gemerts, estimètes and assumption5 that affett the amounts rEportÈd. Tl)ese estimates 4nd judgements are continually revlewed and are based on experience and other fattors, includlng expertations of future events thèt are belreved to be reasonable under the clrcvmstances. There are no key sources of estimatlon uncertalnty to report that have a Significant rlsk of causlng a material adjustment to the financtal statements. Fund accountlng Unrestrrtted lunds a available for use Jt the discrtlon of the trLtstees to further any of the eharity's purposes. Designated funds are Un$trted fvnds earmarked by thé trustees ft)r particularfuture projetts or commltments. Restritted funds are subjèrted to rè5tr1ctions on their eXpditLEre declared by the donor or through thè terms of an appeal, and fall into one of two sub-tlasses.. restricted income funds or endowment funds.
Church and Community Partnershlp (Tynedale) Notes to the Financial Statements (continued) Period ended 31 March 2024 Incomlng rngources All incomlng rtsources are Induded In the statement of financial att•vities when entitlement has passed to the charity- it is probable that the economic benefits èssoaated wlth the transactlon wlll flow to the charity and the amount cèn be rellably measured. The following speclfic polioes are applled to particular categories of income.. Income from donations or grants is recognlsed when there is evidence of entitlement to the gift, receipt Is probable and Its amount can be measu rellably. Resource5 expended ExpendItrj Is recognlsed on an accruals basis as a liabllity is incurred. Expenditure Include5 VAT, and Is classified under headings of the statèmènt of financlal activities to whith it relate5'. Expendlture on charitable attlvities indudes all costs incurred by a charity in undertaklng attivitie5 that fvrther its diaritable aims for the benefit of its benefidaries, includlng those support costs and costs relating to the gtsvemance of the charity apportioned to charltable attivities. All costs are allocated to expendlture categories refletting the use of the resource. Dirett Costs attributable to è single acbvlty are allocated dTrrectly to that acuvity. Shared costs are apportioneil between the actlvitses they contrlbute to on a reasonable. justifiable and consistent basis. Flnanclal Instruments A financial asset or a financial Ilablllty Is recognlsed only when the entlty becomes a party to the contractual provislons of the instrument. Basic flnandal Instruments are tnitially recognised at the amount receivable or payable indudlng any relateil transattion costs, unless the arrangement constitutes a financing tran&iction, where it is recognlsed at the present value of the fvture payments discounted at a market rate of irterest for a slmllar debt instrument. Current assèts and current liabilities a sub5equenUy measured at the cash or other consideration expetted to be paid or received and not dlscounted. Debt instwments a subsequently meassjred at afftortised cost. Financial assets that are measured at cost or amortlsed cost are reviewed for objethve evidence of impalrment at the end of each reporting date. If there is objertlve évidence of Impairment, an Impèirment loss is recognlsed under the appropriate heading in the ststement of financial attivltles In which the initial gain was recognised. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying •mount would have been had the irnpairment not previously been CogniSed. Voluntary a$slstance Tlme is expended on the charlty's arttvltfes and governance whlth Is donated free of tharge. It is imprattl1 to quèntify the value of the time given, and accordtngly it is nelther recorded as donatsd income nor as an expense In the financial statements.
Church and Community Partnership (Tynedale) Notes to the Financial Statements (continued) Period ended 31 March 2024 Flrst year accounts Church and Communlty Partnershlp (Tyned4lel present thelr financial StateMer for the first reportlng penod slnce establishing. The period of account to which these flnancial 5tstements relate is 31 May 2023 - 31 March 2024. There are no prior year comparative figures to report. Donatlons gifts & grants Unrestritted Funds Restrftted Funds Total Funds 2024 Grants Donations and gifts Donated services 8,413 8.413 58,344 Expendlture on charftable actlvltleg by fund typ• Unrestritted Funds Restritted Funds Total 2024 Management costs Management expenses 8ank fees Entertainment Events Telephone costs Professlonal fees 49,022 1.254 40 556 1,210 349 546 49.022 1.254 556 ¥210 349 546 327 6. Expèndlture on chafitawe activltles by artlvlty type Attlvltles undertaken dirertly Support costs Total Funds 2024 Managèrnent costs Management expenses Bank fees Entertasnment Events Telephone costs Professional fees 49.022 1,254 40 49.022 ¥254 40 556 ¥210 349 546 556 1,210 349 546 1,140 187 io-
Church and Community Partnershlp (Tynedale) Notes to the Financial Statements (continued) Period ended 31 March 2024 Net Incoming resources are stated after charylng: 2024 FS payabk to the independent examiner ft)r.' Endependenr examlnation and preparation of the financial statements Staff costs There were no staff costs In the year. Trnstee reffluneratlon and èxpenses The trustees are consldered to be the Key management personnel of the Charity. No remuneration or other benefits from employment with the Charlty or a related entity were reiVed by the trustees. During the year £Nil was relmbursed to Trustees for expenses relating to travel, accommodatlon and subsistence. 10. Credltors: amounts falling due wlthln one year 2024 Trade credltors other creditors 421 1,140 11. Analysls of tharltable funds Unrestrlcted funds At 31 March 2024 At 31 May 2023 Income Expendlture Transfer General funds Restrlcted funds At 31 May 2023 31 March 2024 IrKome Expendlture Transfer Total charitable funds 58354 li-
Church and Community Partnership (Tynedale) Notes to the Financial Statements (continued) Period ended 31 March 2024 12. Analysb of net assets beton funds Unrestttrted Funds Totsl Funds 2024 Restrlrted Funds Current assets Creditors less than i year Net assets 5,611 5,611 13. Related party transactlons A Trustee of the Charity is also a Trustee of the Squire5 Foundation. The Squires Foundation have donated services ro the valtje of £49.931 duiing the period. Tnjstees have also privately gifted fvnds to the Charity of £8,010 durfng thé perfod. 12-