Caseware UK (AP4) 2022.0.179 2022.0.179 Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-3175732169688662229850844148504882152434356No description of principal activity2023-08-3122022-09-01false2 07655788 2022-09-01 2023-08-31 07655788 2021-09-01 2022-08-31 07655788 2023-08-31 07655788 2022-08-31 07655788 2022-09-01 07655788 2021-09-01 07655788 c:RegisteredOffice 2022-09-01 2023-08-31 07655788 d:CurrentFinancialInstruments 2023-08-31 07655788 d:CurrentFinancialInstruments 2022-08-31 07655788 c:FRS102 2022-09-01 2023-08-31 07655788 c:IndependentExaminationCharity 2022-09-01 2023-08-31 07655788 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 07655788 b:Trustee1 2022-09-01 2023-08-31 07655788 b:Trustee2 2022-09-01 2023-08-31 07655788 b:Trustee3 2022-09-01 2023-08-31 07655788 b:Trustee6 2022-09-01 2023-08-31 07655788 b:Trustee8 2022-09-01 2023-08-31 07655788 b:Trustee9 2022-09-01 2023-08-31 07655788 b:Trustee12 2022-09-01 2023-08-31 07655788 b:Trustee13 2022-09-01 2023-08-31 07655788 b:Trustee14 2022-09-01 2023-08-31 07655788 b:Trustee18 2022-09-01 2023-08-31 07655788 b:Trustee19 2022-09-01 2023-08-31 07655788 b:Trustee20 2022-09-01 2023-08-31 07655788 b:UnrestrictedFundsGeneral 2022-09-01 2023-08-31 07655788 b:UnrestrictedFundsGeneral 2021-09-01 2022-08-31 07655788 b:RestrictedIncomeFunds 2022-09-01 2023-08-31 07655788 b:RestrictedIncomeFunds 2021-09-01 2022-08-31 07655788 b:UnrestrictedFundsGeneral 2023-08-31 07655788 b:UnrestrictedFundsGeneral 2022-08-31 07655788 b:RestrictedIncomeFunds 2023-08-31 07655788 b:RestrictedIncomeFunds 2022-08-31 07655788 b:TotalUnrestrictedFunds 2023-08-31 07655788 b:TotalUnrestrictedFunds 2022-08-31 07655788 b:TotalRestrictedIncomeFunds 2023-08-31 07655788 b:TotalRestrictedIncomeFunds 2022-08-31 07655788 c:FullAccounts 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 07655788
Charity number: 1144809











THE BATIC PARTNERSHIP TRUST
(A company limited by guarantee)








UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the company, its Trustees and advisers
 
 
1
Trustees' report
 
 
2 - 4
Independent examiner's report
 
 
5
Statement of financial activities
 
 
6
Balance sheet
 
 
7
Notes to the financial statements
 
 
8 - 17

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2023


Trustees
Dominic Carver
Desi McKeown
John Archer (resigned 31 March 2023)
Sarah Warnes
Nic Maxwell
Glen Moore
Christine Redpath (resigned 31 March 2023)
Dave Walton, Chair
Emma Dawson
Diana Mason
Sam Proctor (resigned 31 March 2023)
Gemma Thurston
Liz Cornish
Joanne Parkes
Lucy Fynn (appointed 1 October 2023)
Natalie Jackson (appointed 1 October 2023)

Company registered number
07655788

Charity registered number
1144809

Registered office
South Benfleet Primary School
High Road
Benfleet
Essex
SS7 5HA

Accountants
MWS
Kingsridge House
601 London Road
Westcliff-on-Sea
Essex
SS0 9PE

Bankers
TSB Bank PLC
High Road
Benfleet
Essex

Page 1

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 AUGUST 2023

The Trustees present their annual report together with the financial statements of the company for the  1 September 2022 to 31 August 2023The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Objectives and activities
 

a. Policies and objectives
 

The objects of the company are to advance the education of pupils at any relevant school for the benefit of the public through the provision of educational facilities generally and without limitation in particular for the effective and efficient provision of education which is exclusively charitable according to English law.
The clear objective of the BATIC Trust remains based around the vision of working together to create a strong community through the vehicle of its member schools. The Trust continues to seek out additional opportunities which enhance school and community life across the Benfleet area through actively seeking funding where possible, maximising partnership and shared working practice and responding to local needs.
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

b. Main activities undertaken to further the company's purposes for the public benefit and to achieve objectives
 

The BATIC Trust continues to support the member schools through co-ordinating and providing services which are not necessarily covered through the statutory role of schools. Examples of how the Trust works to achieve its objectives include:  Headteacher focused discussions around common challenges in schools and the community which the Trust can attempt to help to rectify.
This year a continued main function of the Trust has been to co-ordinate a local counselling service for families through schools, including intervention projects and small group work.
The Trust also plays a major role in supporting the health and well-being of staff in schools through a physical activity plan and utilising funding to provide support.
In addition, the Trust continues to co-ordinate and deliver area based agreed events such as a  fundraising Talent Show, a District Sports and a Young Citizens Event.
Fundraising has been a challenge over the last two years due to limitations on events throughout the pandemic but these activities are now beginning to return.
The Trustees have complied with the duty in section 17(5) of 2011 Charities Act to have due regard to guidance published by the Charity Commission (i.e. the public benefit statement).
 

Strategic report
 

Achievements and performance
 

Page 2

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 
Achievements and performance (continued)

a. Review of activities and main achievements
 

 The main achievements of the Batic Trust over the last 12 months include:
- Retaining a structure to secure both in-school and remote counselling services through member schools        and grant funding.
- A continued focus on supporting families most in need as we move out of the pandemic.
- A focus on supporting all staff in schools through staff well-being and activity funded programmes.
- Planning and preparation for a return to face to face delivery and fund raising events. 
 

Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

b. Reserves policy
 

Finances are reviewed and monitored through a finance sub committee, linked to the Trust Management Board. Reserves are decreasing over time and the Trust is dependant currently on generating income to support its activities from either grant funding, fundraising or contributions from members. The Trust continues to be successful in grant applications and organising fund raising events to support the work. 
At the year end the funds of the charitable company totalled £32,836 (2022: £42,539), of which £22,074 (2022: £25,244) related to restricted funds, and £10,762 (2022: £17,925) to unrestricted funds.
 

Structure, governance and management
 

a. Constitution
 

The Batic Partnership Trust is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 12/05/2011. It is a registered charity, number 1144809.
 

b. Methods of appointment or election of Trustees
 

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
The governance of the Trust rests with a Board of Directors. Each member school is represented on the Board
with one Director. These are either the Headteacher of the school or the Chair of Governors. New Directors are
recruited on need directly through individual schools and appointed by the Trust administrative secretary.
 

Funds held as custodian
 

The company does not hold, and does not expect to hold, any funds as custodian.
 

Members' liability
 

The Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up.
 

Page 3

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 
Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees' report including the Strategic report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. 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.


 

Approved by order of the members of the board of Trustees on 19 March 2024 and signed on their behalf by:
 




Dave Walton
Chair
Page 4

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023

Independent examiner's report to the Trustees of The Batic Partnership Trust ('the company')

 
I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 August 2023.


Responsibilities and basis of report


As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').


Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.


Independent examiner's statement


I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:


1.
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

2.
the accounts do not accord with those records; or

3.
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

4.
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].



I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.


This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.




Signed:      Dated: 

 
Jonathan Gorridge FCA
MWS
Chartered Accountants
      ICAEW

 
Kingsridge House
601 London Road
Westcliff-on-Sea
Essex SS0 9PE
Page 5

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)


 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2023


Unrestricted funds
2023
Restricted funds
2023
Total
funds
2023
Total
funds
2022
Note
        £
        £
        £
        £

Income from:







Donations and legacies

3

2,500

31,190

33,690

32,700
 
Total income
2,500
31,190
33,690
32,700
Expenditure on:







Charitable activities

5

8,916

34,360

43,276

38,016
 
Total expenditure
8,916
34,360
43,276
38,016

Net movement in funds
  
(6,416)
(3,170)
(9,586)
(5,316)

Reconciliation of funds:

  





Total funds brought forward

  

17,178

25,244

42,422

47,738
 
Net movement in funds

  

(6,416)

(3,170)

(9,586)

(5,316)
 
Total funds carried forward
  
10,762
22,074
32,836
42,422

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 8 to 17 form part of these financial statements.

Page 6

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
REGISTERED NUMBER: 07655788


 
BALANCE SHEET
AS AT 31 AUGUST 2023


2023
2022
Note
£
£

Current assets
  

Cash at bank and in hand
  
33,933
49,808

  
33,933
49,808

Creditors: amounts falling due within one year
 10 
(1,097)
(7,386)

Net current assets 
  
 
 
32,836
 
 
42,422

Total assets less current liabilities
  
32,836
42,422

Net assets excluding pension asset 
  
32,836
42,422

Total net assets 
  
32,836
42,422


Charity funds
  

Restricted funds
 11 
22,074
25,244

Unrestricted funds
 11 
10,762
17,178

Total funds
  
32,836
42,422

The company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 19 March 2024 and signed on their behalf by:


Dave Walton
Chair

The notes on pages 8 to 17 form part of these financial statements.

Page 7

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

The Batic Partnership Trust is a company limited by guarantee and registered in England.
Its registered office is South Benfleet Primary School, High Road, Benfleet, Essex, SS7 5HA.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Batic Partnership Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Going concern

There are no material uncertainties about the charity's ability to continue.

  
2.3

Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

  
2.4

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Page 8

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

2.4

Expenditure (continued)

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.
Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

All expenditure is inclusive of irrecoverable VAT.

  
2.5

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.6

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.7

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

  
2.8

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 9

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

3.

Income from donations and legacies




Unrestricted funds
2023
Restricted funds
2023
Total
funds
2023
        £
        £
        £
 



Donations

2,500

28,940

31,440

Grants

-

2,250

2,250

Total 2023


2,500
31,190
33,690




Unrestricted funds
2022
Restricted funds
2022
Total
funds
2022
        £
        £
        £



Donations

2,000

24,000

26,000

Grants

-

6,700

6,700



2,000
30,700
32,700


4.


Income from donations and grants (charitable activities)

2023
2022
£
£



Other income
2,000
7,886

Speech+ language
-
-

Counselling
24,000
23,141

EYRS football
-
1,500

Find your active
6,700
-

32,700
32,527


5.

Analysis of expenditure on charitable activities


Summary by fund type




Unrestricted funds
2023
Restricted funds
2023
Total
2023
        £
        £
        £




Charitable activities

8,916

34,360

43,276


Page 10

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.Analysis of expenditure on charitable activities (continued)

Summary by fund type (continued)




Unrestricted funds
2022
Restricted funds
2022
Total
2022
        £
        £
        £




Charitable activities

7,797

30,219

38,016



6.

Analysis of expenditure by activities




Activities undertaken directly
2023
Support costs
2023
Total
funds
2023
        £
        £
        £




Charitable activities

34,360

8,916

43,276






Activities undertaken directly
2022
Support costs
2022
Total
funds
2022
        £
        £
        £




Charitable activities

30,219

7,797

38,016



Analysis of direct costs



Activities
2023
Total
funds
2023
        £
        £



Grant expenditure

34,360

34,360




Page 11

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Activities
2022
Total
funds
2022
        £
        £



Grant expenditure

30,219

30,219


Analysis of support costs



Activities
2023
Total
funds
2023
        £
        £



Staff costs

6,800

6,800

General expenditure

836

836

Administration costs

428

428

Governance costs - accountancy fees

852

852

Total 2023


8,916
8,916



Activities
2022
Total
funds
2022
        £
        £



Staff costs

6,500

6,500

General expenditure

99

99

Administration costs

428

428

Governance costs

770

770

Total 2022


7,797
7,797


7.

Independent examiner's remuneration

2023
2022
£
£

Fees payable to the company's independent examiner for the independent examination of the company's annual accounts
852
770

Page 12

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

8.



Staff costs


2023
2022
£
£


Wages and salaries
6,800
6,500

6,800
6,500

The average number of persons employed by the company during the year was as follows:


2023
2022

No.
No.


Seconded staff
2
2

No employee received remuneration amounting to more than £60,000 in either year.

There were no key personnel who received any remuneration during the year.



9.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).

During the year ended 31 August 2023, no Trustee expenses have been incurred (2022 - £NIL).


10.



Creditors: Amounts falling due within one year


2023
2022
£
£


Accruals and deferred income
1,097
7,386

Income of £nil (2022: £nil) relating to income received in advanced of entitlement has been deferred.

Page 13

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

11.

Statement of funds


Statement of funds - current year

Balance at 1 September 2022
£
Income
£
Expenditure
£
Balance at 31 August 2023
£

Unrestricted funds





General Fund

17,178

2,500

(8,916)

10,762
 

Restricted funds






Counselling

6,821

24,000

(25,093)

5,728
 
Family project

-

4,940

(3,651)

1,289
 
Supporting vulnerable families

4,670

-

(846)

3,824
 
Public health funding

2,000

-

-

2,000
 
Mental health/wellbeing

9,493

2,250

(4,770)

6,973
 
Find your active

2,260

-

-

2,260
 



25,244
31,190
(34,360)
22,074

Total of funds


42,422
33,690
(43,276)
32,836

Unrestricted funds are donations and other income received for the general workings of the charity and do not have any restrictions upon them other than to spend them in accordance with the charity's objects.
Restricted funds are donations or grants made with a specific project or purpose in mind.

Page 14

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

11.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 September 2021
£
Income
£
Expenditure
£
Balance at
31 August 2022
£

Unrestricted funds





General Fund

22,975

2,000

(7,797)

17,178
 


Restricted funds






Counselling

7,250

24,000

(24,429)

6,821
 
Supporting vulnerable families

5,630

-

(960)

4,670
 
Public health funding

2,000

-

-

2,000
 
Mental health/wellbeing

9,883

-

(390)

9,493
 
Find your active

-

6,700

(4,440)

2,260
 



24,763
30,700
(30,219)
25,244


Total of funds


47,738
32,700
(38,016)
42,422


12.

Summary of funds


Summary of funds - current year

Balance at 1 September 2022
£
 
Income
£
 
Expenditure
£
 
Balance at 31 August 2023
£
 
General funds

17,178

2,500

(8,916)

10,762
 
Restricted funds

25,244

31,190

(34,360)

22,074
 


42,422
33,690
(43,276)
32,836

Page 15

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

12.

Summary of funds (continued)


Summary of funds - prior year

Balance at
1 September 2021
£
 
Income
£
 
Expenditure
£
 
Balance at
31 August 2022
£
 
General funds

22,975

2,000

(7,797)

17,178
 
Restricted funds

24,763

30,700

(30,219)

25,244
 


47,738
32,700
(38,016)
42,422


13.

Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds
2023
Restricted funds
2023
Total
funds
2023
        £
        £
        £



Current assets

11,859

22,074

33,933

Creditors due within one year

(1,097)

-

(1,097)

Total 


10,762
22,074
32,836



Analysis of net assets between funds - prior year

Unrestricted funds
2022
Restricted funds
2022
Total
funds
2022
        £
        £
        £



Current assets

24,564

25,244

49,808

Creditors due within one year

(7,386)

-

(7,386)

Total 

17,178
25,244
42,422


14.


Transfers between funds

There were no transfers between funds during the year
 

Page 16

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

15.


Members' liability

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.



16.


Related party transactions

During the year the following arms length related party transactions took place where disclosure is required:
The Deanes School, of which Trustee Desi McKeown is a headteacher.
Expenditure £12,110   (2022: £8,540)
Includes the repayment of salary costs incurred by the Trust of £6,800 (2022: £6,500)
South Benfleet Primary School, of which Trustee Dominic Carver is Headteacher, Trustee, Member and Director.
Expenditure £1,070   (2022: £1,410).
Includes accountancy fees reimbursed of £642 (2022 £583), admin salary costs of £428 (2022 £428 and other expenditure of £nil (2022 £nil).
At the year end there were no amounts owing to or from any related parties.

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