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COMPANY REGISTRATION NUMBER: 05583687
CHARITY REGISTRATION NUMBER: 1121990
Weardale Community Partnership Ltd
Unaudited Financial Statements
For the Year Ending
31 December 2025
Weardale Community Partnership Ltd
Financial Statements
Year Ended 31 December 2025
Page
Trustees' Annual Report (Incorporating the Director's Report)
1
Independent Examiner's Report to the Trustees
3
Statement of Financial Activities (Including Income and Expenditure Account)
4
Statement of Financial Position
5
Notes to the Financial Statements
6
Weardale Community Partnership Ltd
Trustees' Annual Report (Incorporating the Director's Report)
Year Ended 31 December 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2025 .
Objectives and Activities
To promote the benefit of the inhabitants of Weardale and the neighbourhood (hereinafter referred to as the "area of benefit") together without distinction of age, gender, sexual orientation, race, disability or political, religious or other opinions by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education, improve mobility and to provide facilities in the interests of social welfare and recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.
Public Benefit
Our main activities and who we help are described elsewhere in this report. All our charitable activities are undertaken to further our charitable purposes for the public benefit. The Committee have had regard to the Charity Commission's guidance on public benefit throughout the year when deciding on the activities of the charity.
Achievements and Performance
2025 has been a year of continuing operations.
This report wishes to acknowledge the valuable support given by the staff of WCT and volunteers without whom the organisation would not exist.
The Partnership has been helping with the operation of the Wheels to Meals project by doing the administration of the calendar of trips and the clients attending. The transport is provided by Weardale Community Transport but challenges remain, in particular the fallout from the failure to secure a contract with NEAS which is having a negative impact on our finances and hence the transport for Wheels to Meals.
The soon to be implemented ROUTES project will help in this respect and will raise our profile in the wider area.
The hub is open for people to wander in and view the art work, pamphlets, jigsaws and for computer use and also to ask for information and signposting to other service providers. Recovery in terms of usage of Wheels to Meals and our facilities continues to recover after Covid and a variety of trips take place regularly.
WCP continues to hold the funds for Weardale First Responders and the Stanhope Emergency Response Volunteers (SERV).
The window now has a large video display with a rolling display which can be used by local groups and providers to promote their information. We now have an Artist work in the office regularly so people can come and watch him at work. This proves quite popular and his work is for sale in the window on commission.
Trustees are exploring other projects that would be worthwhile to the local community.
Financial Review
Reserves Policy
The Trustees try to maintain 6 months of core operating costs as a reserve which would require £1,000. Actual reserves at 31st December 2025 were £13,143.
Structure, Governance and Management
Weardale Community Partnership is a charitable company, limited by guarantee, company number 05583687 and registered as a charity with charity number 1121990 .
The charity is governed by its memorandum and articles of association.
Trustees are selected by the membership.
Reference and Administrative Details
Registered charity name
Weardale Community Partnership Ltd
Charity registration number
1121990
Company registration number
05583687
Principal office and registered
The Hub, 85b Front Street
office
Stanhope
Bishop Auckland
County Durham
DL13 2UY
The Trustees
John Bell
(Retired 10 November 2025)
Pam Forbes
Julian Haynes
William Hobson
Laura Lowes
Dr Janette Smith
Company Secretary
Pam Forbes
Independent Examiner
Jane Ascroft FCA MA (Cantab)
Enterprise House
Harmire Enterprise Park
Barnard Castle
County Durham
DL12 8XP
Small Company Provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 22 September 2026 and signed on behalf of the board of trustees by:
William Hobson
Trustee
Weardale Community Partnership Ltd
Independent Examiner's Report to the Trustees of Weardale Community Partnership Ltd
Year Ended 31 December 2025
I report to the trustees on my examination of the financial statements of Weardale Community Partnership Ltd ('the charity') for the year ended 31 December 2025.
Responsibilities and Basis of Report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 charity’s accounts as 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 charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements 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 financial statements 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.
Jane Ascroft FCA MA (Cantab) Independent Examiner
Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XP
22 September 2026
Weardale Community Partnership Ltd
Statement of Financial Activities
(including income and expenditure account)
Year Ended 31 December 2025
2025
2024
Unrestricted funds
Restricted funds
Total funds
Total funds
Note
£
£
£
£
Income and endowments
Donations and legacies
5
275
–
275
107
Charitable activities
6
806
2,814
3,620
2,372
Investment income
7
37
–
37
41
-------
-------
-------
-------
Total income
1,118
2,814
3,932
2,520
-------
-------
-------
-------
Expenditure
Expenditure on charitable activities
8,9
9,027
3,644
12,671
57,560
-------
-------
--------
--------
Total expenditure
9,027
3,644
12,671
57,560
-------
-------
--------
--------
-------
-------
--------
--------
Net expenditure
( 7,909)
( 830)
( 8,739)
( 55,040)
-------
-------
--------
--------
Transfers between funds
5,857
(5,857)
–
–
-------
-------
--------
--------
Net movement in funds
( 2,052)
( 6,687)
( 8,739)
( 55,040)
Reconciliation of funds
Total funds brought forward
15,195
9,031
24,226
79,266
--------
-------
--------
--------
Total funds carried forward
13,143
2,344
15,487
24,226
--------
-------
--------
--------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Weardale Community Partnership Ltd
Statement of Financial Position
31 December 2025
2025
2024
Note
£
£
£
Current Assets
Cash at bank and in hand
15,847
24,586
Creditors: amounts falling due within one year
16
360
360
--------
--------
Net Current Assets
15,487
24,226
--------
--------
Total Assets Less Current Liabilities
15,487
24,226
--------
--------
Net Assets
15,487
24,226
--------
--------
Funds of the Charity
Restricted funds
2,344
9,031
Unrestricted funds
13,143
15,195
--------
--------
Total charity funds
17
15,487
24,226
--------
--------
For the year ending 31 December 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:
Julian Haynes
Trustee
Weardale Community Partnership Ltd
Notes to the Financial Statements
Year Ended 31 December 2025
1. General Information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is The Hub, 85b Front Street, Stanhope, Bishop Auckland, County Durham, DL13 2UY.
2. Statement of Compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investments measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. The entity is a Public Benefit Entity.
Going Concern
There are no material uncertainties about the charity’s ability to continue .
Judgements and Key Sources of Estimation Uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Trustees consider that there are no significant estimates or judgements affecting these financial statements.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the purposes of the charity. Designated funds are unrestricted funds earmarked by the trustees for specific purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor.
Income
All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Donations and legacy income is received by way of donations, legacies, grants and gifts and is included in full in the Statement of Financial Activities when receivable. Where legacies have been notified to the charity but the criteria for income recognition have not been met, the legacy is treated as a contingent asset and disclosed if material. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity, being the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. Investment income is included when receivable. Income from charitable trading activity is accounted for when earned. Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
Costs of raising funds comprise the costs associated with attracting donations, grants and legacies and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer Equipment
-
33% straight line
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial Instruments
The charity only has financial assets and 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.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
Cash at Bank and in Hand
Cash at bank and cash 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.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
Taxation
The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
4. Limited by Guarantee
The company is limited by guarantee. At 31st December 2025 there were 5 members each of whom had undertaken to contribute an amount not exceeding £10 in the event of a winding up.
5. Donations and Legacies
Unrestricted Funds
Total Funds 2025
Unrestricted Funds
Total Funds 2024
£
£
£
£
Donations
Donations
275
275
107
107
----
----
----
----
6. Charitable Activities
Unrestricted Funds
Restricted Funds
Total Funds 2025
£
£
£
Use of Resources
806
–
806
WAAP Hub Display
–
2,664
2,664
Anita Savoury Small Grant Anniversary Party
–
150
150
Stanhope Emergency Response Volunteers (SERV)
–
–
–
Other income
–
–
–
----
-------
-------
806
2,814
3,620
----
-------
-------
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Use of Resources
676
–
676
WAAP Hub Display
–
–
–
Anita Savoury Small Grant Anniversary Party
–
–
–
Stanhope Emergency Response Volunteers (SERV)
–
1,274
1,274
Other income
422
–
422
-------
-------
-------
1,098
1,274
2,372
-------
-------
-------
7. Investment Income
Unrestricted Funds
Total Funds 2025
Unrestricted Funds
Total Funds 2024
£
£
£
£
Bank interest receivable
37
37
41
41
----
----
----
----
8. Expenditure on Charitable Activities by Fund Type
Unrestricted Funds
Restricted Funds
Total Funds 2025
£
£
£
Costs of charitable activities
9,027
3,644
12,671
-------
-------
--------
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Costs of charitable activities
12,058
45,502
57,560
--------
--------
--------
9. Expenditure on Charitable Activities by Activity Type
Activities undertaken directly
Total funds 2025
Total fund 2024
£
£
£
Costs of charitable activities
12,671
12,671
57,560
--------
--------
--------
10. Net Expenditure
Net expenditure is stated after charging/(crediting):
2025
2024
£
£
Depreciation of tangible fixed assets
–
518
----
----
11. Independent Examination Fees
2025
2024
£
£
Fees payable to the independent examiner for:
Independent examination of the financial statements
324
360
----
----
12. Staff Costs
The average head count of employees during the year was Nil (2024: Nil).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
13. Trustee Remuneration and Expenses
Trustees received no remuneration or expenses during the current or previous year.
14. Transfers Between Funds
During the year £5,857 was transferred from restricted to unrestricted funds. This comprised:
2025
£
Transfer from Covid HAHF fund to reserves
5,445
Transfer from Covid Autumn Activity fund to reserves
506
Transfers from reserves to cover minor deficits on projects
(94)
-------
5,857
-------
15. Tangible Fixed Assets
Equipment
Total
£
£
Cost
At 1 January 2025 and 31 December 2025
1,676
1,676
-------
-------
Depreciation
At 1 January 2025 and 31 December 2025
1,676
1,676
-------
-------
Carrying amount
At 31 December 2025
–
–
-------
-------
At 31 December 2024
–
–
-------
-------
16. Creditors: amounts falling due within one year
2025
2024
£
£
Accruals and deferred income
360
360
----
----
17. Analysis of Charitable Funds
Unrestricted funds
At 1 January 2025
Income
Expenditure
Transfers
At 31 December 2025
£
£
£
£
£
General fund
15,195
1,118
(9,027)
5,857
13,143
--------
-------
-------
-------
--------
At 1 January 2024
Income
Expenditure
Transfers
At 31 December 2024
£
£
£
£
£
General fund
26,007
1,246
(12,058)
–
15,195
--------
-------
--------
----
--------
Restricted funds
At 1 January 2025
Income
Expenditure
Transfers
At 31 December 2025
£
£
£
£
£
First Responders
1,623
–
(228)
4
1,399
WAAP Allotment grant
20
–
(50)
30
–
Craft and Chat
228
–
–
–
228
Co-Op Fund
–
–
–
–
–
WAAP Well Being
–
–
–
–
–
Covid HAHF
5,445
–
–
(5,445)
–
Covid Autumn Activity
506
–
–
(506)
–
SERV Stanhope Emergency Response Volunteers
1,209
–
(492)
–
717
WAAP Hub Display
–
2,664
(2,720)
56
–
Anniversary party
–
150
(154)
4
–
-------
-------
-------
-------
-------
9,031
2,814
(3,644)
(5,857)
2,344
-------
-------
-------
-------
-------
At 1 January 2024
Income
Expenditure
Transfers
At 31 December 2024
£
£
£
£
£
First Responders
1,773
–
(150)
–
1,623
WAAP Allotment grant
64
–
(44)
–
20
Craft and Chat
228
–
–
–
228
Co-Op Fund
1,814
–
(1,814)
–
–
WAAP Well Being
36,995
–
(36,995)
–
–
Covid HAHF
5,445
–
–
–
5,445
Covid Autumn Activity
1,270
–
(764)
–
506
SERV Stanhope Emergency Response Volunteers
5,670
1,274
(5,735)
–
1,209
WAAP Hub Display
–
–
–
–
–
Anniversary party
–
–
–
–
–
--------
-------
--------
----
-------
53,259
1,274
(45,502)
–
9,031
--------
-------
--------
----
-------
18. Analysis of Net Assets Between Funds
Unrestricted Funds
Restricted Funds
Total Funds 2025
£
£
£
Current assets
13,503
2,344
15,847
Creditors less than 1 year
(360)
–
(360)
--------
-------
--------
Net assets
13,143
2,344
15,487
--------
-------
--------
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Tangible fixed assets
–
–
–
Current assets
15,555
9,031
24,586
Creditors less than 1 year
(360)
–
(360)
--------
-------
--------
Net assets
15,195
9,031
24,226
--------
-------
--------