Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-316622213134485392925655692844148478221524222023-09-012024-08-31falseNo description of principal activity 07655788 2023-09-01 2024-08-31 07655788 2022-09-01 2023-08-31 07655788 2024-08-31 07655788 2023-08-31 07655788 2023-09-01 07655788 2022-09-01 07655788 c:RegisteredOffice 2023-09-01 2024-08-31 07655788 d:CurrentFinancialInstruments 2024-08-31 07655788 d:CurrentFinancialInstruments 2023-08-31 07655788 c:FRS102 2023-09-01 2024-08-31 07655788 c:IndependentExaminationCharity 2023-09-01 2024-08-31 07655788 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07655788 b:Trustee1 2023-09-01 2024-08-31 07655788 b:Trustee2 2023-09-01 2024-08-31 07655788 b:Trustee6 2023-09-01 2024-08-31 07655788 b:Trustee8 2023-09-01 2024-08-31 07655788 b:Trustee9 2023-09-01 2024-08-31 07655788 b:Trustee13 2023-09-01 2024-08-31 07655788 b:Trustee14 2023-09-01 2024-08-31 07655788 b:Trustee18 2023-09-01 2024-08-31 07655788 b:Trustee20 2023-09-01 2024-08-31 07655788 b:UnrestrictedFundsGeneral 2023-09-01 2024-08-31 07655788 b:UnrestrictedFundsGeneral 2022-09-01 2023-08-31 07655788 b:RestrictedIncomeFunds 2023-09-01 2024-08-31 07655788 b:RestrictedIncomeFunds 2022-09-01 2023-08-31 07655788 b:UnrestrictedFundsGeneral 2024-08-31 07655788 b:UnrestrictedFundsGeneral 2023-08-31 07655788 b:RestrictedIncomeFunds 2024-08-31 07655788 b:RestrictedIncomeFunds 2023-08-31 07655788 b:TotalUnrestrictedFunds 2024-08-31 07655788 b:TotalUnrestrictedFunds 2023-08-31 07655788 b:TotalRestrictedIncomeFunds 2024-08-31 07655788 b:TotalRestrictedIncomeFunds 2023-08-31 07655788 c:FullAccounts 2023-09-01 2024-08-31 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 2024

 
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 2024


Trustees
Dominic Carver
Desi McKeown (resigned 10 September 2024)
Sarah Warnes (resigned 10 September 2024)
Nic Maxwell (resigned 10 September 2024)
Glenn Moore
Dave Walton (resigned 10 September 2024)
Emma Dawson (resigned 10 September 2024)
Diana Mason (resigned 10 September 2024)
Gemma Thurston
Liz Cornish (resigned 10 September 2024)
Joanne Parkes (resigned 10 September 2024)
Lucy Fynn (resigned 10 September 2024)
Natalie Jackson (resigned 10 September 2024)

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
Metro Bank
G19-G21
Victoria Business Centre
Southend On Sea
Essex
SS1 2NG

Page 1

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 AUGUST 2024

The Trustees present their annual report together with the financial statements of the company for the  1 September 2023 to 31 August 2024The 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.
The Batic Trust received a grant for £15,000 to be spent over two years through the Public Health Accelerator bid (PHAB) which sits within Essex County Council Health team.  The bid will enable to Trust to scale up provision for counselling support for children, young people and staff across the 15 schools.  This will include the development of sustainable took kits and resources to help schools longer term as well as additional dedicated hours from the counselling team in working with the most vulnerable people within the area.  A fuller valuation of this project will be conducted on its completion in December 2025.
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 regularly by 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. 
The Trust is committed to maintaining a reserves policy that ensures financial stability and the ability to meet financial comitments as they full due.
At the year end the funds of the charitable company totalled £30,610 (2023: £32,836), of which £28,464 (2023: £22,074) related to restricted funds, and £2,146 (2023: £10,762) 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.
 

Page 3

 
THE BATIC PARTNERSHIP TRUST
 
(A company limited by guarantee)
 
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.
 

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 18 March 2025 and signed on their behalf by:
 




Gemma Thurston
Chair
Page 4

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024

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 2024.


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: 18 March 2025

 
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 2024


Unrestricted funds
2024
Restricted funds
2024
Total
funds
2024
Total
funds
2023
Note
        £
        £
        £
        £

Income from:







Donations and legacies

3

-

39,000

39,000

33,690
 
Total income
-
39,000
39,000
33,690
Expenditure on:







Charitable activities

5

8,371

32,610

40,981

43,276
 
Total expenditure
8,371
32,610
40,981
43,276

Net movement in funds
  
(8,371)
6,390
(1,981)
(9,586)

Reconciliation of funds:

  





Total funds brought forward

  

10,762

22,074

32,836

42,422
 
Net movement in funds

  

(8,371)

6,390

(1,981)

(9,586)
 
Total funds carried forward
  
2,391
28,464
30,855
32,836

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 2024


2024
2023
Note
£
£

Current assets
  

Cash at bank and in hand
  
32,469
33,933

  
32,469
33,933

Creditors: amounts falling due within one year
 10 
(1,614)
(1,097)

Net current assets 
  
 
 
30,855
 
 
32,836

Total assets less current liabilities
  
30,855
32,836

Net assets excluding pension asset 
  
30,855
32,836

Total net assets 
  
30,855
32,836


Charity funds
  

Restricted funds
 11 
28,464
22,074

Unrestricted funds
 11 
2,391
10,762

Total funds
  
30,855
32,836

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 18 March 2025 and signed on their behalf by:


Gemma Thurston
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 2024

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 2024

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 2024

3.

Income from donations and legacies




Unrestricted funds
2024
Restricted funds
2024
Total
funds
2024
        £
        £
        £
 



Donations

-

24,000

24,000

Grants

-

15,000

15,000

Total 2024


-
39,000
39,000




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



Donations

2,500

28,940

31,440

Grants

-

2,250

2,250



2,500
31,190
33,690


4.


Income from donations and grants (charitable activities)

2024
2023
£
£



Other income
-
2,000

Speech+ language
-
-

Counselling
24,000
24,000

PHAB
15,000
-

Find your active
-
6,700

39,000
32,700


5.

Analysis of expenditure on charitable activities


Summary by fund type




Unrestricted funds
2024
Restricted funds
2024
Total
2024
        £
        £
        £




Charitable activities

8,371

32,610

40,981


Page 10

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.Analysis of expenditure on charitable activities (continued)

Summary by fund type (continued)




Unrestricted funds
2023
Restricted funds
2023
Total
2023
        £
        £
        £




Charitable activities

8,916

34,360

43,276



6.

Analysis of expenditure by activities




Activities undertaken directly
2024
Support costs
2024
Total
funds
2024
        £
        £
        £




Charitable activities

32,610

8,371

40,981






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




Charitable activities

34,360

8,916

43,276



Analysis of direct costs



Activities
2024
Total
funds
2024
        £
        £



Grant expenditure

32,610

32,610




Page 11

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Activities
2023
Total
funds
2023
        £
        £



Grant expenditure

34,360

34,360


Analysis of support costs



Activities
2024
Total
funds
2024
        £
        £



Staff costs

7,414

7,414

General expenditure

202

202

Governance costs - accountancy fees

755

755

Total 2024


8,371
8,371



Activities
2023
Total
funds
2023
        £
        £



Staff costs

6,800

6,800

General expenditure

836

836

Administration costs

428

428

Governance costs

852

852

Total 2023


8,916
8,916


7.

Independent examiner's remuneration

2024
2023
£
£

Fees payable to the company's independent examiner for the independent examination of the company's annual accounts
1,000
852

Page 12

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.



Staff costs


2024
2023
£
£


Wages and salaries
7,414
6,800

7,414
6,800

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


2024
2023

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 (2023 - £NIL).

During the year ended 31 August 2024, no Trustee expenses have been incurred (2023 - £NIL).


10.



Creditors: Amounts falling due within one year


2024
2023
£
£


Accruals and deferred income
1,614
1,097

Income of £nil (2023: £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 2024

11.

Statement of funds


Statement of funds - current year

Balance at 1 September 2023
£
Income
£
Expenditure
£
Balance at 31 August 2024
£

Unrestricted funds





General Funds - all funds

10,762

-

(8,371)

2,391
 

Restricted funds






Counselling

5,728

24,000

(25,917)

3,811
 
Family project

1,289

-

-

1,289
 
Supporting vulnerable families

3,824

-

-

3,824
 
Public health funding

2,000

-

-

2,000
 
Mental health/wellbeing

6,973

-

(1,929)

5,044
 
Find your active

2,260

-

(540)

1,720
 
PHAB

-

15,000

(4,224)

10,776
 



22,074
39,000
(32,610)
28,464

Total of funds


32,836
39,000
(40,981)
30,855

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 2024

11.

Statement of funds (continued)



Statement of funds - prior 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


12.

Summary of funds


Summary of funds - current year

Balance at 1 September 2023
£
 
Income
£
 
Expenditure
£
 
Balance at 31 August 2024
£
 
General funds

10,762

-

(8,371)

2,391
 
Restricted funds

22,074

39,000

(32,610)

28,464
 


32,836
39,000
(40,981)
30,855

Page 15

 
THE BATIC PARTNERSHIP TRUST

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

12.

Summary of funds (continued)


Summary of funds - prior 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


13.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted funds
2024
Restricted funds
2024
Total
funds
2024
        £
        £
        £



Current assets

4,005

28,464

32,469

Creditors due within one year

(1,614)

-

(1,614)

Total 


2,391
28,464
30,855



Analysis of net assets between funds - prior period

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


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 2024

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 £7,340   (2023: £12,110)
Includes the repayment of salary costs incurred by the Trust of £6,800 (2023: £6,800)
South Benfleet Primary School, of which Trustee Dominic Carver is Headteacher, Trustee, Member and Director.
Expenditure £2,123   (2023: £1,070).
Includes accountancy fees reimbursed of £ (2023 £642), admin salary costs of £614 (2023 £428 and other expenditure of £1,509 (2023 £nil).
At the year end there were no amounts owing to or from any related parties.

Page 17