## **PARTNERSHIP (UK) LIMITED**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2022**
Company Registered Number 02442321
**Page 2**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
|**Trustees**|J. Bain|
|---|---|
||S. J. Bedford|
||M. Davies|
||E. S. Dickson (Co-chair)|
||A. P. Miles|
||Philip Richardson|
||N. W. Summerton|
||N. J. Walker (Co-chair)|
|
**Chief Operations Officer**|Evan Winter|
|
**Development Team Leader**|Andrew Conlan|
|**Registered Office**|
The Barn|
||Baines Lane|
||Seaton|
||Oakham|
||Rutland|
||LE15 9HP|
|
**Charity Registration Number**
|802564|
|
**Bankers**|Barclays Bank plc|
||93-97 Queensway|
||London|
||W2 4QG|
|**Independent Examiner**|
Paul Mullis FCA|
||High Spen|
||Rowlands Gill|
||County Durham|
**Page 3**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
The trustees (who are also directors of the company, as it takes the form of a company limited by guarantee without share capital under the Companies Acts) present their report with the financial statements of the charity for the year ended 31 March 2022.
## **OBJECTS AND PRINCIPAL ACTIVITIES**
Partnership (UK) Ltd ('the charity') is established for
- the advancement of the Evangelical Christian Faith and the promotion of Christian Education
- the relief of need in the British Isles or overseas.
The charity at present achieves these objects by encouraging and seeking to strengthen independent local Christian churches which are evangelical in their biblical commitments and activities, which practise plural leadership, and which practise every member ministry through the wide use of spiritual gifts in each congregation.
The charity seeks to encourage, support and equip these local churches, towards spiritual vitality, effectiveness, and growth, by working alongside leaders and others who are active in the work of those churches. Part of the ministry of these churches is the relief of need both at home and abroad, and the charity encourages the churches in particular to involve themselves in their local communities, to help those in any sort of need. While the work is carried out mainly in the UK, some of the churches, leaders and other individuals with whom the charity works are located abroad.
Many of the charity’s supporters and member churches have a background in the worldwide Open or Christian Brethren movement, and the charity considers that it has a particular responsibility to help those churches. While these churches have other inter-church bodies which assist in activities such as overseas mission, home evangelism, and relief and development, the charity sees a particular need to help strengthen the spiritual life and ministry of individuals and fellowships in this circle, so as to enable them better to carry out their activities, and thus be better able to support these other inter-church bodies in their work. The charity recognizes a particular responsibility to work closely with other bodies which share its objectives and which serve mainly the churches referred to. These other bodies include particularly Church Growth Trust, Counties UK, GLO Europe, and Echoes International, all of which are charities in England and Wales, or Scotland, or both.
Member churches also include a number which do not have a Brethren background: the charity welcomes, and is ready to work with, all who share its goals and approach to church life, and seeks to expand membership among them also, irrespective of their origins, if they are content to be helped by the charity. It seeks genuine working partnership with such in order to secure its charitable objects more effectively.
The charity also gives assistance to international bodies which have similar purposes and activities, particularly with respect to churches in the worldwide Brethren movement. Accordingly, it has assisted International Brethren Conference on Mission (now IBCM Network CIO, registered in England and Wales in March 2019) and Brethren Training Network (now a component of IBCM Network). The organisational support has now ceased because it is no longer necessary, but Partnership (UK) Ltd continues to welcome the work of IBCM Network and Brethren Training Network and will involve itself in it when it is appropriate to do so.
**Page 4**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
## **REVIEW OF THE YEAR**
The Charity’s present activities are summarised below.
## **Area activities**
The charity retains the part-time contracted services of five regional coordinators. Between them, they cover large parts of England and Wales, though there remain certain significant areas where the charity would like to see regional and local networking activity, but which are not covered yet. However, following the introduction of online meetings during the COVID-19 pandemic, these (as well as resumed in-person meetings) have continued with increased attendances at some events. While there is a small number of member churches in Scotland, at present contact is maintained by such means as are available, especially in collaboration with GLO Europe which is based in Motherwell.
Coordinators make bilateral contact with as many Brethren-background and unattached independent evangelical churches as possible, to encourage them and offer support, strategic advice, and consultancy. They also seek to stimulate networking activities between local clusters of churches. There are regular cluster activities in many parts of England and Wales, including the South-West, London and its environs, Essex, Kent, East Anglia, Gloucester and Hereford, South Wales, Merseyside and Cumbria. These cluster activities are aimed at networking, encouraging, stimulating, developing and training local church leaderships and others who are active in the life of these churches. Activities include forums, seminars, workshops, and training sessions, as is judged appropriate in individual localities. Many of these activities have the character of continuing professional development for those involved. In some areas, there are also specific efforts to stimulate networking between those in fulltime Christian service within these churches.
The coordinators are in close touch with some 350 local churches, to assist them in the ways described.
## **Church Revitalisation Project**
In developing these area and cluster activities, Partnership seeks to work closely with Counties, GLO Europe, and Church Growth Trust which have ministries in evangelism, church planting, training, and support with buildings matters in respect of the same churches with which Partnership seeks to work. One significant manifestation of this joint activity is a joint Revitalisation Group which focuses on special measures to assist weaker and declining churches. As the vitality of local churches has long been at the heart of Partnership’s work, much of this revitalisation activity is the direct responsibility of Partnership. This Group is chaired by Giles Arnold from Church Growth Trust with representatives from Partnership, Counties and GLO in the Operations Team. Through the work of the Regional Coordinators and some other advisers, they are in regular contact with around 40 churches, with 9 having completed a Church Health Check (CHC). The process is always in the control of the local church leadership who, post-CHC, can request ongoing input from an adviser and/or apply for funding for a full or part-time worker.
The updating and standardisation of the forms as well as the publicity materials and website have all taken place during the past year.
In the London area, networking with some 80 churches is being undertaken jointly between Church Growth Trust, Counties UK, and GLO Europe, the executive for the work being Partnership’s contracted regional coordinator in London and the South East. This work continues to develop in an encouraging way.
**Page 5**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
## **Publications**
The charity produces a number of publications with themes orientated very much to the needs and challenges of the churches and individuals that are served. These include:
**A monthly electronic E-news** which is circulated to more than 700 church leaders and others, and carries short articles and items, information, reports, and advertisements, which are likely to be of interest to them. It facilitates recruitment of workers for churches, and advertises events likely to be of help to churches, leaders and others active in serving them.
**Partnership Perspectives** —This is a substantial print periodical which appears three times a year with a print-run of 750 copies. The aim is to provide stimulating material for busy church leaders and others who are active in church life, many of whom are in full-time employment separate from their church involvement and therefore have little time for reading and study relevant to their church responsibilities. Issues focus on themes relevant to local church leaderships, such as evangelism, disciple making, apologetics, pastoral matters and care, youthwork, relations beyond the local church, and training for church work. In 2021–22, the three issues were ‘Caring for God’s Creation’, ‘Practising the Presence of God’ and Europe: The Dark Continent?
**Books** —the aim is to publish, as they become available, texts which meet the objects of the charity. _Growing Healthy Churches_ was published in March 2022. In preparation is a text entitled, _Learning to Care,_ part of a series being published jointly with OPAL Trust and entitled _Learning to ..._ , the relevance of which to the fulfilment of Partnership’s objects is self-evident.
Significant past publications have included _Church Leaders Handbook_ and _Serving God’s People: Re-thinking Christian Ministry Today_ , _Fresh Shoots in Stony Ground: the challenges of church planting_ and _Building Biblical Churches_ .
**Workbooks—** the first workbook entitled _The Gospel – what is it?_ was published in November 2021 and a number of associated training videos have been produced in collaboration with the Tilsley Academy venture of Tilsely College (GLO) and are available for download from our website.
_**—**_ **Digital materials** in recent years, significant steps have been made in making high-quality, user-friendly publications available on the Partnership website. These now comprise issues 1– 21, 30, and 40–74 of _Partnership Perspectives_ onwards, and several out-of-print publications including _Church Leaders Handbook_ and _Serving God’s People_ already mentioned.
An external consultant was commissioned to review our range of publications. This led to the setting up of a Board sub-group to discuss the extent and implementation of a digital media strategy. Their report has been discussed by Board, Council and the Publications Committee but has not been actioned due to ongoing collaboration discussions.
An important development has been reNEW, a series of videos and supporting workbooks, prepared by Simon Ladd (Regional Coordinator in East Anglia). These are short videos which serve as discussion starters for leadership and church groups, to help them to think about church revitalisation and the need for change to encourage the ongoing life of local fellowships. The videos and supporting materials are available on the Partnership website.
**Page 6**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
**Website –** throughout the year the website was monitored and updated as appropriate.
## **Consultancy**
There are frequent opportunities for Partnership’s coordinators and Council members, and others working with Partnership, to offer church consultancy and advice, whether in the normal course of contact with churches or at the direct request of churches. Activities range from helping churches in the search for full-time assistance to advising churches on strategy, leadership, trusteeship, charity and property matters. Some of this consultancy is provided by regional coordinators and others under the umbrella of the joint Revitalisation Group already referred to. In addition to more formal consultancy advice, much of co-ordinators' regular contact with local church leaders is in the nature of informal consultancy.
## **Training**
For many years, Partnership has worked closely with Counties and Tilsley College (GLO Europe) to develop a range of training opportunities for service in the group of churches which the three organisations serve. In recent years, what is now Enable Training has been set up to encourage and coordinate better the wide range of training initiatives which now exist for the group of churches that Partnership serves. Partnership strongly supports this, and a Partnership trustee chairs its core steering group. Partnership continues to work with others to strengthen the character and quality of training for Christian service in the group of churches, including through Partnership's area networking and publications.
## **Co-operation with other bodies serving the same churches**
Partnership is an active member of the Church Support Network (CSN) which seeks to maintain a flow of information and fellowship between the various bodies which serve churches of Brethren background. Partnership seeks to work bilaterally and multi-laterally with other agencies where it seems good to do so. Partnership is an active partner with five other bodies in organising the regular Living the Passion conferences, the most recent being held in October 2021 under the theme of _Together (with, in, for) Christ_ . Over 200 delegates attended. The next conference is planned for October 2024.
## **Delivery Group**
Partnership has been working closely with Church Growth Trust, Counties, and GLO since 2017, to see whether more effective networking to assist local churches is possible. This followed on from discussions in the Service Group Forum/Church Support Network. A Delivery Group representing the four organisations and including some church leaders began meeting in January 2021. This group was chaired by Martin Erwin (Counties CEO) and administered by Evan Winter (Partnership COO). At the beginning of 2022 they published their draft proposals which included, _inter alia_ , the recommendation for ‘creative fusion’ between Partnership and Counties. Representatives from the Board and staff of both organisations have met to discuss the feasibility of this recommendation which has led to a Memorandum of Understanding whereby certain functions and assets (specifically related to the work of the Regional Coordinators) that Partnership currently performs will be transferred to Counties by 31[st] December 2022. At that date, Partnership will cease its church-facing activities, including stimulation of regional and local networking between churches.
## **Chairs and CEOs**
The chairs and CEOs of the four bodies meet biannually to review key developments within the network as well as the progress of collaboration between the bodies.
## **Other activities**
**Page 7**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
Included within the charity's work is responsibility for the activities of the Brethren Archivists and Historians Network (BAHN). BAHN promotes the study of, and publishes works on, the history of the Brethren (of all varieties) worldwide. These activities further Partnership’s objective of promoting Christian education, and are also relevant to the work which the charity seeks to do with local churches within the Brethren tradition. Within its accounts, the charity keeps a separate record of income and expenditure for BAHN and this is summarised in Appendix A to the financial statements. Partnership gives assistance to BAHN with subscriber administration, distribution of BAHN literature, and administration of the biennial International Brethren Conference which BAHN runs.
In the year of report, BAHN produced the annual _Brethren Historical Review_ vol. 17 (217 pages) and published Tim Grass, _Brethren and Their Buildings_ , a notable book recording, with copious illustration, buildings used in the past two centuries by Brethren fellowships, and interpreting them so as to draw attention to their significance as markers of the Brethren movement. A full programme of annual volumes is being planned, stretching up to the last years of the present decade. During the year, the 10[th] International Brethren History conference was prepared (and was held on 29–31 May 2022 at Emmaus Bible College, Dubuque, Iowa, USA. The conference was a very successful blended, in-person and online event, with papers relating to the development of the Brethren in North and Central America and the Caribbean, as well as in one or two other places. Many of these papers will be published in _Brethren Historical Review._ The 11[th] International Brethren History Conference is being planned, to be held at Shatterford, Staffordshire, at the beginning of July 2023, on the subject of the Brethren and eschatology.
## **COVID-19**
While restrictions related to COVID-19 have not been as extensive as in the earlier phases of the pandemic, many churches have still struggled as they negotiate their way out of the severe disruption of their activities in the first 15 months after the emergence of COVID-19. Most have found their attendances at services has decreased and, those with the capacity, are maintaining an online presence by broadcasting their services live over the internet. In some cases Partnership’s Regional Coordinators have found it quite difficult to arrange meetings with church leaders, who report that keeping the activities of the church functioning is taking much additional time.
Partnership has long been an organisation without a physical head office. Its staff, contractors and volunteers have always worked from home. So COVID-19 has not done more than intensify methods of remote working and teleconference meeting already well established. Administrative, church leader and governance meetings have adjusted to a rotation between online and physical meetings.
Financially, Partnership is supported largely by donations and grants, and it does not seek to raise funds directly from the public. There has therefore been no immediate effect on income, though we recognize that, in the longer run, sharp falls in investment income, lower church membership numbers and economic recession generally, could be reflected in lower levels of donation and grant income.
## **Value of input by volunteers**
Partnership is a small charity which continues to depend on executive and operational work by volunteers, including trustees. Some devote considerable time to Partnership—in a few cases, more than three days a week. Taking into account trustees’ meetings, preparation, and travel, all trustees devote significant time, as indicated by the details of meetings given elsewhere in this report. Beyond trustees, the regional and local cluster meetings for church leaders and others depend on work for Partnership by other volunteers who wish to further the work for the benefit of churches in their areas. No effort is made to quantify in financial terms the value of this extensive volunteer input, as that is methodologically difficult and unreliable, and could be invidious as between the valuations given to
**Page 8**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
the input of different volunteers. No trustee receives any financial recompense other than reimbursement in many cases of directly incurred expenses for their service to Partnership.
## **FINANCIAL SUMMARY**
At the end of the financial year of this report, Partnership’s reserves had fallen from £61, 562 to £57, 146 despite an increase in income of 13.9% (from £96,457 to £109,908). This increase in income was the result of higher donations from individuals, increased book sales, and a one-off restricted grant for the work of Church Revitalisation.
Expenses have also increased from £94,101 to £116,680 as this is the first complete year to include the COO’s salary and there was also payment for activities associated with Church Revitalisation.
## **PUBLIC BENEFIT**
The charity provides public benefit in the British Isles and overseas through the activities described above which
- advance Evangelical Christian faith, particularly through educating, training and developing leaders and individuals who are active in independent local churches,
- strengthen local churches to advance Evangelical Christian faith, build up their own congregations, and serve their communities.
The foregoing detailed description of Partnership's activities and work in 2021-22 gives details of how the charity provides this public benefit.
The trustees have been directed to the Charity Commission’s guidance on public benefit, both the general guidance and that specific to the public benefit of religious charities, and have had regard to it in their work.
## **SAFEGUARDING**
At the September meeting 2021, the trustees approved revisions to the Protecting People and Safeguarding policy. The policy covers, for example, risks to trustees, staff, contractors, and volunteers arising from lone working, and risks arising from using private vehicles on the business of the charity. The policy is reviewed annually.
## **FUTURE PLANS**
As noted previously Partnership has engaged in discussions on the transfer of activities and associated assets to Counties. The date being worked towards is 31[st] December 2022 and notification of closure of the membership section of the organisation will be communicated to those who belong to the various categories. As this represents a major part of Partnership’s activities, the trustees are considering changes that will be required from 1[st] January 2023 in governance structures, publications, website, IT, volunteers and funding.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is a company limited by guarantee not having share capital. It is a registered charity. There are as at the date of this report 22 company members, each of whom agrees to contribute up to £1 if the company is wound up.
As a registered charity and as required by its memorandum and articles, the company makes no distributions to its members and applies all its income to its charitable purposes. The directors of the company are the charity’s trustees for the purpose of charity law and administration. The directortrustees usually meet six times a year, and additionally as necessary.
**Page 9**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
As a company, the charity is governed by its Memorandum and Articles of Association dated 26 October 1989 (as amended). It has a board of directors who are charity trustees. The members of the company in general meeting (known as the Council) have explicit power to tender advice to the board on matters of policy and general strategy, and the board is required to have regard to that advice as appropriate in carrying out its duties. There is power to appoint committees. At present, there are two such committees (the Publications and Finance Committees).
At the AGM in December 2021 the Memorandum and Articles of Association were amended to permit online meetings to transact business for the charity (subject to the same requisite notice as for other meetings being given to those entitled to attend the meeting in question)
The director-trustees who served during the year 2021-22 at the date of this report are as listed on page 1 of this report.
The director-trustees keep the composition of the board of trustees under review, so as to ensure that between them the director-trustees have the knowledge, skills and experience necessary, and in order to advise the company members on appointments at the AGM and to exercise the board’s interim power of co-option as necessary.
The Operational Coordinating Team has continued to meet and includes trustees, staff, contractors and key volunteers in its membership. These take place fortnightly and are an opportunity for those chiefly concerned with operational matters on behalf of Partnership to ensure that their current work priorities are known across the team and that necessary coordination between team members is achieved. The meetings are ‘conducted’ by the Chief Operations Officer.
The trustees have reviewed and confirm that there is no person exercising significant control whose identity needs to be declared in addition to the information already provided in this report.
The 22 current members of the company continue to meet in general meeting twice a year, in order to act as a sounding board for the trustees and to provide them with guidance on matters of policy and general strategy, as well as to carry out their other duties under the memorandum and articles of association.
## **SELECTION AND INDUCTION OF TRUSTEES**
Under the provisions of the Memorandum and Articles of Association, the director-trustees of the company must be selected by the members of the company from among those who are members of the company. In encouraging persons to apply for membership of the company, the company considers the need for members who are suitable for appointment as directors, and therefore trustees, of the company, having regard to the advice of the board. Given the charitable objects of the company, and its policies for the time being for achieving those objects, the company needs trustee-directors who understand and have a heart for the body of local churches which Partnership (UK) Ltd serves, as well as people with the range of knowledge and expertise which is needed in director-trustees of a company of this kind. Given Partnership's desire to also work closely with other agencies which serve the same group of local churches, the company bears in mind the potential benefit of crossmembership between the boards of these agencies.
On appointment, by way of induction to their responsibilities, new director-trustees are given access to copies of key documents, including the memorandum and articles of association of the company, the latest report and accounts of the company, briefing notes on current Partnership activities, and
**Page 10**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
latest budgets and other financial information. New trustees are also directed to the Charity Commission's guidance for trustees, and in particular to both its general guidance on public benefit and that on public benefit of charities which advance religion.
## **RISK MANAGEMENT**
The trustees’ stated risk management strategy comprises
- a regular review of the risks the company may face
- the establishment of systems and procedures to mitigate those risks identified
- the implementation of procedures designed to minimise any potential impact should those risks materialise.
## **RESERVES**
The trustees believe that the charity should hold financial reserves because it has
- no endowment funding and is dependent for income upon grant, donor and subscription funding from year to year, which is inevitably subject to fluctuation; and
- certain administration and support costs without which it could not function and achieve its purpose.
The trustees consider it prudent that unrestricted funds should be sufficient to cover the equivalent of six months' operating costs calculated and reviewed annually. Unrestricted funds are currently in that range. In the past few years, the charity has expanded its activities, and the resources devoted to them, in response to the widely perceived needs of the group of local churches which it seeks to serve. The effect has been to draw down the financial reserves which it has, and as a result the charity monitors its reserves carefully (through the Finance Committee) to ensure that that it can sustain its current and proposed levels of activity. The charity draws the attention of supporters and potential supporters to its ministry and the financial resources required for it.
## **DIRECTORS' RESPONSIBILITIES**
The directors are responsible for preparing the Directors’ report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law, the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.
In preparing those financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business,
The directors confirm that they have complied with the above requirements in preparing the financial statements.
**Page 11**
## **PARTNERSHIP (UK) LIMITED**
## **TRUSTEES’ REPORT**
The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Acts. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
By authority of the director-trustees,
………………… 2022
A P K Miles Company Secretary
**Page 12**
## **PARTNERSHIP (UK) LIMITED**
## _**Independent examiner’s report to the Trustees of 'Partnership (UK) Ltd' Charitable Company**_
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **Charity No. 802564 Company No. 02442321**
I report on the accounts of the charitable company for the year ended 31[st] March 2020, which are set out on pages 12 to 20.
## _Respective responsibilities of trustees and examiner_
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales
Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2006 and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## _Basis of independent examiner’s report_
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
12
**Page 13**
## **PARTNERSHIP (UK) LIMITED**
_**Independent examiner’s report to the Trustees of 'Partnership (UK) Ltd' Charitable Company**_
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
have not been met;
or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name of principal: Paul Mullis
Relevant professional qualification or body:
Fellow of the Institute for Chartered Accountants in England and Wales
Address: High Spen, Rowlands Gill, County Durham
Date: 2022
Paul Mullis FCA
13
**Page 14**
## **PARTNERSHIP (UK) LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES Including income and expenditure**
## **FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME FROM:(Note 3)**
Donations and legacies
Charitable activities
Investment income
Total income
**EXPENDITURE ON:(Note 4)**
Raising funds
Charitable activities
Total expenditure
Net Income (Expenditure)
Transfers
Net movement in Funds
**Reconciliation of funds**
Funds brought forward
Balance carried forward|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total Funds**
**Prior year**
**£**
£
**85,054**
**18,851**
**103,905**
94,500
**1,654**
**4,345**
**5,999**
1,935
**4**
**-**
**4**
22
**86,712**
**23,196**
**109,908**
96,457
**-**
**-**
**-**
-
**96,481**
**20,199**
**116,680**
94,101
**96,481**
**20,199**
**116,680**
94,101
**(9,769)**
**2,997**
**(6,772)**
2,356
**(2,196)**
**2,196**
**-**
-
**(11,965)**
**5,193**
**(6,772)**
2,356
**56,618**
**7,300**
**63,918**
61,562
**44,653**
**12,493**
**57,146**
63,918|
|---|---|
All of the activities of the Company are classed as continuing.
The Company has no recognised gains or losses other than the results for the year as set out above.
There are no material differences between the deficit on ordinary activities and the deficit for the financial year stated above, and their historical cost equivalents.
A breakdown of Prior year’s figures is included in Note 12
## **The notes on pages 15 to 20 form part of these financial statements**
14
**Page 15**
## **PARTNERSHIP (UK) LIMITED**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2022**
||**31 March 2022**|31 March 2021|
|---|---|---|
||**£**|£|
|**CURRENT ASSETS**|||
|Debtors|**3,417**|3,417|
|Cash at bank and in hand|**67,596**|75,717|
||**71,013**|79,134|
|**CREDITORS**|||
|Amounts falling due within one year|**(13,867)**|(15,348)|
||**_____________**|_____________|
|**NET ASSETS**|**57,146**|63,918|
|**RESERVES**|||
|Unrestricted funds|**44,653**|56,618|
|Restricted funds|**12,493**|7,300|
||**57,146**|63,918|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts.
For the year ended 31 March 2022 the Company was entitled to exemption from audit under Section 477 of the Act.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
These financial statements on pages 12 to 13 were approved by the directors on and are signed on their behalf by:
…………………. 2022 APK MIles Company Secretary
Registered Number: 02442321
**The notes on pages 15 to 20 form part of these financial statements**
15
**Page 16**
## **PARTNERSHIP (UK) LIMITED**
## **Notes to the Financial Statements for the year ending 31[st] March 2022**
## **1 STATUTORY INFORMATION**
Partnership (UK) Ltd is a private company, limited by guarantee, registered in England and Wales. The company’s registered number and registered office address can be found in the Report of the Trustees
## **2 ACCOUNTING POLICIES**
## **Basis of accounting**
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016) and in accordance with the Companies Act 2006.
The charity is a public benefit entity.
There are no material uncertainties affecting the ability of the charity to continue as a going concern. In adopting FRS102 for the first time no prior year numbers have been affected.
## **Income**
Income is recognised in the Statement of Financial Activities when
- the Company becomes entitled to the resources
- the Directors believe the receipts of the resources is probable and
- the monetary value can be measured with sufficient reliability.
## **Expenditure**
Expenditure is recognised on an accruals basis as and when a legal or constructive obligation arises.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include and costs linked to the strategic management of the charity. Governance costs are included within Support costs.
## **Fixed assets**
Fixed assets are stated at cost and new items costing more than £1,000 are capitalised. Depreciation is calculated so as to write off the cost of fixed assets on a straight line basis over their estimated useful lives.
## **Taxation**
The company is registered as a charity and is therefore not liable to corporation tax on its charitable income as long as it is applied for charitable purposes. It is not considered there are any activities giving rise to a tax liability.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Directors.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
A full description of each of the funds is included under Note 10
16
**Page 17**
## **PARTNERSHIP (UK) LIMITED**
## **Notes to the Financial Statements for the year ending 31[st] March 2022**
## **3 INCOME**
|**Analysis of**
**Income**
Unrestricted
funds
Restricted
funds
Internationa
l
Restrict
ed funds
BAHN
Church
Revitalisation
London
CPI
Kent
Total
funds
**Prior**
**year**
**Donations**
**and legacies**
Donations
and gifts
22,645
20
4,627
27,292
20,403
Gift Aid
3,371
5
380
3,756
3,036
Grants
provided by
other
charities
41,426
-
-
5,000
6,000
-
52,426
49,820
Membership
subscription
s which are
in substance
donations
17,613
-
2,819
-
20,432
21,241
**Total**
85,055
25
7,826
5,000
6,000
-
103,906
94,500
**Charitable**
**activities**
Sale of
publications
1,304
-
4,345
5,649
1,935
Conference fees
-
-
-
-
-
Training and
consultancy
350
-
-
350
-
**Total**
1,654
-
4,345
5,999
1,935
**Income from**
**investments**
Interest income
4
-
-
4
22
**Total**
4
-
-
4
22|Unrestricted
funds
Restricted
funds
Internationa
l
Restrict
ed funds
BAHN
Church
Revitalisation
London
CPI
Kent
Total
funds
**Prior**
**year**
22,645
20
4,627
27,292
20,403
3,371
5
380
3,756
3,036
41,426
-
-
5,000
6,000
-
52,426
49,820
17,613
-
2,819
-
20,432
21,241|Unrestricted
funds
Restricted
funds
Internationa
l
Restrict
ed funds
BAHN
Church
Revitalisation
London
CPI
Kent
Total
funds
**Prior**
**year**
22,645
20
4,627
27,292
20,403
3,371
5
380
3,756
3,036
41,426
-
-
5,000
6,000
-
52,426
49,820
17,613
-
2,819
-
20,432
21,241|
|---|---|---|
||85,055
25
7,826
5,000
6,000
-
103,906
94,500||
||||
17
**Page 18**
## **PARTNERSHIP (UK) LIMITED**
## **Notes to the Financial Statements for the year ending 31[st] March 2022**
## **4 EXPENDITURE**
|Analysis of Expenditure
**Charitable Activities**
Cost of Publications
Staff and contractor’s
costs
Conference Fees
Other admin
**Total**|Unrestrict
ed funds
Restricted
funds
International
Restrict
ed funds
BAHN
Church
Revitalisation
London
Kent
Total
funds
Prior
year
14,111
221
7,808
-
-
22,140
16,193
75,672
-
-
931
7,904
935
85,442
64,986
-
**-**
750
-
-
-
750
-
6,698
-
1,139
257
255
-
8,349
12,862|
|---|---|
||96,481
221
9,697
1,188
8,159
935
116,681
94,041|
There were limited governance costs Included in the above due to the impact of COVID such that there was just one in-person meetings of Trustees – costs £44.50 (2021: Nil).
## **5 FUNDS RECEIVED AS CUSTODIAN**
|**Name ofparty**|**Amount received**|**Amount paid out**|**Balance held at**
**period end**|
|---|---|---|---|
||This year
Last year|This year
Last year|This year
Last year|
||£
£|£
£|£
£|
|**International**
**Brethren**
**Conference on**
**Mission**|88
-|43
437|(134)
(179)|
|**Local Church**
**Leaders’ Task**
**Group**|500
-|892
-|29
421|
|Total|588
-
935
437|||
Amounts due to connected parties represent cash funds held and administered by the Charity as custodian for other unincorporated organisations who share related objectives to the Charity
18
**Page 19**
## **PARTNERSHIP (UK) LIMITED**
**Notes to the Financial Statements for the year ending 31[st] March 2022**
## **6 PEOPLE RESOURCES**
The average number of persons employed by the Company during the year was 1 (2021: 0).
Staff costs
|costs|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|Wages and salaries|**21,000**|7,000|
|Social security costs|**-**|-|
|Pension costs|**-**|-|
||-----------------------------------------|-----------------------------------------|
||**21,000**|7,000|
||=**==================**=**=**=|=**==================**=**=**=|
There are 5 independent contractors who work to further the objects of the charity in their own area of the country and 1 who provides administrative support. The total cost of these staff during the year was £54,672 (2021: £56,078).
## **7 TAXATION**
Partnership (UK) Ltd is recognised as a charity for UK tax purposes therefore exempt from Corporation Tax on its income and gains provided these are used for charitable purposes only.
|**8**|**DEBTORS**|||
|---|---|---|---|
|||**2022**|2021|
|||**£**|£|
||Gift Aid tax refund|**3,756**|3,040|
||Other debtor|**363**|377|
|||-----------------------------------------|-----------------------------------------|
|||**4,119**|3,417|
|||=**==================**=**=**=|=**====================**|
|**9**|**CREDITORS**|||
|||**2022**|2021|
|||**£**|£|
||Accruals|**13,867**|15,348|
|||-----------------------------------------|-----------------------------------------|
|||**13,867**|15,348|
|||=**==================**=**=**=|=**====================**|
19
**Page 20**
## **PARTNERSHIP (UK) LIMITED**
## **Notes to the Financial Statements for the year ending 31[st] March 2022**
## **10 MOVEMENT IN FUNDS**
The movements in Funds in the 2021-2022 year were as follows **:**
|Unrestricted
**Restricted**
BAHN
Partnership –
International
Church Revitalisation
London CPI
Kent
**Total Funds**|At 1 April
2021
Income
Expenses
Transfers
between
funds
At 31
March
2022|
|---|---|
||56,618
86,712
(96,481)
(2,196)
44,652
3,231
12,172
(9,697)
-
5,706
-
25
(221)
196
-
183
5,000
(1,188)
-
3,995
274
6,000
(8,159)
2,000
116
3,612
-
(935)
2,677|
||63,918
109,909
(116,681)
-
57,146|
## **Description and purpose of funds and transfers**
## **Unrestricted Funds**
These are funds that may be used for any purpose that lies within the aims and objects of the charity as the trustees decide.
## **Restricted Funds**
## **Brethren Archivists and Historians Network**
This is a section of Partnership that seeks to encourage the study and writing of the history of the Brethren movement. This is achieved by means of an annual periodical, biennial conferences and publication of books from time to time.
## **Partnership – International**
Supporters of Partnership have the opportunity to include donations to this fund through which copies of ‘ _Perspectives_ ‘ are sent at no cost to those who would benefit from receiving it but may not have available funds to pay for it themselves. During the course of the 2018-19 year £206 was transferred from Unrestricted Funds to this fund.
## **Church Revitalisation**
This relates to specific funding provided by a charitable trust to assist Partnership, Church Growth Trust, Counties UK, and GLO Europe work jointly to encourage the revitalization of selected existing churches.
## **London**
Church Planting Initiative has provided specific funds for 2019-20 to assist Partnership, Church Growth Trust, Counties UK, and GLO Europe to work jointly in London to encourage nearly 100 identified independent evangelical churches.
20
**Page 21**
**Notes to the Financial Statements for the year ending 31[st] March 2022**
## **PARTNERSHIP (UK) LIMITED**
## **11 TRANSACTIONS WITH TRUSTEES**
## **Expenditure**
There were no payments to trustees in the year for their services to the charity.
Two trustees were reimbursed for expenses incurred on behalf of the charity
|**Type of expenses reimbursed**
Travel
Postage
Printing & Stationery
Admin expenses
**Total**|**2022**
**£**|**2021**
**£**|
|---|---|---|
||-
1,205
110
90|-
248
-
853|
||1,405|1,101|
21
**Page 22**
**Notes to the Financial Statements for the year ending 31[st] March 2022**
## **PARTNERSHIP (UK) LIMITED**
## **12 Prior Year Statement of Financial Activities**
|**INCOME FROM:**
Donations and legacies
Charitable activities
Investment income
Total income
**EXPENDITURE ON:**
Raising funds
Charitable activities
Total expenditure
Net Income (Expenditure)
Transfers
Net movement in Funds
**Reconciliation of funds**
Funds brought forward
Balance carried forward|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total Funds**
**£**
**81,246**
**13,254**
**94,500**
**1,165**
**770**
**1,935**
**22**
**-**
**22**|
|---|---|
||**82,433**
**14,024**
**96,457**|
||**-**
**-**
**-**
**80,285**
**13,816**
**94,101**|
||**80,285**
**13,816**
**94,101**|
||**2,148**
**208**
**2,356**
**(2,314)**
**2,314**
**-**|
||**(166)**
**2,522**
**2,356**|
||**56,784**
**4,778**
**61,562**
**56,618**
**7,300**
**63,918**|
22
**PARTNERSHIP (UK) LIMITED**
**Page 23**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## Appendix A
## BAHN
|Balance in hand at 1stApril 21
Income
Subscriptions
2,818.50
Books
4,345.31
Donations
4,627.38
Gift Aid
380.50
Expenses
Publications
7,808.07
Postage
1,055.09
Credit card fees
83.83
Other
750.00
Balance in hand 31stMarch 22|£3,231.44
12,171.69
**15,403.13**
**9,696.99**
**£5,706.14**|
|---|---|
**PARTNERSHIP (UK) LIMITED**
**Page 24**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## Appendix B
## Unrestricted Funds
|**Income From**
Donations and gifts
Gift Aid
Grants
Membership subscriptions
Sale of publications
Interest
Total income
Expenses
Publications
Staff and Contractors
Other admin
Total expenses|2022
22,994
3,371
41,426
17,613
1,304
4
**86,712**
14,111
75,672
6,698
**96,481**|2021
20,105
2,848
39,820
18,473
1,165
22
**82,433**|2021|
|---|---|---|---|
|||11,540
56,078
12,667||
|||**82,085**||