2022-03-31-accounts - Pennywell Neighbourhood Centre

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Contents				Pages
Officers and Professional		Advisers
Trustees'	Report			2-7
independent Examiner's		Report
Unaudited	Statement ofFinancial		Activities
Unaudited	Balance Sheet			10
Notes to	the Unaudited Financial		Statements	11 —20

Registered	ONce and Operational	ONce and Operational	ONce and Operational	Pennywell Neighbourhood	Pennywell Neighbourhood	Pennywell Neighbourhood	Centre
Address				Pennywel1 Shopping		Centre
				Portsmouth Road
				Sunderland
				Tyne and Wear
				SR4 9AS
Custodian	Trustees			Denise Haley
				Jane Caldwell
Chief Executive				Gary Brooks
Management		Committee	Members
				Julie Hanly
				Denise Haley
				Jane Caldweu		(resigned	1in July 2022)
				Beverley Bulmer
				Sue Foster
				Peter Lovegrove
				Esdaile Boyling
				Leanne Moore
				Kevin Doran
				David Thompson		(appointed	21"November	2022)
Independent		Examiner		A, M. Henshaw	FCCA,
				Torgersens
				Somerford Buildings
				Norfolk Street
				Sunderland
				SR1 1EE
Bankers				Co-operative Bank pic
				5/6 Fawcett Street
				Sunderland
				Tyne and Wear
				SRI IRF

Reference and Adm	inistr	ative Infor	mation
Charity Narne:-			Pennyweii	Neighbourhood		Centre
Charity Registration	Number:-		1005148
Registered Office and Operational			Pennywell	Neighbourhood		Centre
Address			Pennywell	Shopping	Centre
			Portsmouth	Road
			Sunderland
			Tyne and	Wear
			SR4 9AS
Custodian Trustees
Denise Haley
Jane Caldwell
Management Committee		Members
Julie Hanly
Denise Haley
Jan Caldwell		(resigned Ila July 2022)
Beverley Bulmer
Sue Foster
Peter Lovegrove
Esdaile Boyling
Leanne Moore
Kevin Domn
David Thompson		(appointed	21"Noveiuber	2022)

					Total
			Unrestricted	Restricted	Funds	Total Funds
Income and Expenditure		Note	Funds	Funds	2022 f	2021
Income
Income from generated funds Donations and legacies Income from investment		2a 2b	32,691 27,600	55,247	87,938 27,600	134,512 27,600
Income from charitable activities		3	90,378		90,378	127,858
Total income			~15066	55 247	205916	289970
Expenditure Expenditure on charitable	activities	4	(156,724)	(60,199)	(216,923)	(218,009)
Total expenditure			~156724	~60 199	~216923	~218009
Net income/(expenditure)			(6,055)	(4,952)	(11,007)	71,961
Transfers
Transfers between funds		14	(16,877)	16,877
Net movements on funds			(22,932)	11,925	(11,007)	71,961
Total funds brought forward			411,114	35,771	446,885	374,924
Total funds carried forward

		Note	2022	2022	2021	2021
						f.
Fixed Assets
Tangible assets				255,130		268,691
Investments				I		I
				255,131		268,692
Current Assets
Debtors		10	111,251		18,602
Cash at bank and in hand			171,094		212,568
Total current assets			282,345		231,170
Liabilities
Creditors: Atuounts	falling due within one year	11	47 322		52 977
Net current assets				235,023		178,193
Creditors: Atnounts	falling due aller one year	12		54,276
Total net assets
Unrestricted funds		13
General fund			133,052		142,423
Designated funds			255,130		268,691	411,114
				388,182
Restricted funds
Revenue		14		47,696		35,771

2a	Donations and Legacies	Unrestricted	Restricted	Total Funds	Total Funds
	Grants Receivable Sunderlaud Teaclung CCG The Hadrian's Trust Garfield Weston Ballinger Trust The Community Foundation Big Lottery Fund Leathersellers Charitable Fund Sir James Knott Tnist CAF Tesco Bags ofHelp Percey Hedley 1990Trust Joseph Strong Frazer Trust Bernica Foundation The Bailey Thomas Charitable Fund The Edward Gostling Fundation Barbour Foundation Trusthouse Greggs Foundation The Evan Conrish Foundation Postcode Neighbourhood Lottery Sunderland CC Rukba Independent Age Grant Rothley Trust	Funds 5,041 18,850 4,000 4,000 800 32691	Funds f 9,797 10,000 10,000 7,500 - 7,950 - 10,000 — ~24	2022 9,797 15,041 10,000 7,500 18,850 4,000 7,950 4,000 10,000 800 ~	2021 54,276 1,000 10,000 500 20,546 21,190 1,000 5,000 3,000 500 500 1,000 5,000 3,000 5,000 3,000 334512
	The income from donations and legacies for the charity was 887,938(2021:8134,512)ofwhich was unrestricted (2021:896,276) and f55,247 restricted (2021:f38,236).				f32,691
2b	Income from Investments			Total	Total
		Unrestricted	Restricted	Funds	Funds
		Funds	Funds	2022	2021
					f,
	PNC recharge
	Rent Pennywell Medical Centre	27,600		27 600	27 600
				~2	~60


Income from Charita	le	Activities				Total
				Unrestricted	Restricted	Funds	Total Funds
				Funds	Fundsf	2022f	2021
User Contributions				8,252		8,252	407
Pennywell Medical Centre —running Business Rates Grant Release ofredundancy provision			costs	42,825 24,822		42,825 24,822	29,041 25,000
Job Retention Scheme				14,479		14,479	73,410
						~3	~2

Total Expenditure
		Basis of	Health and	Other	Total	Total
		allocatiou	Family Support	Activities	2022	2021
Costs directly allocated	to activities
Wages & Salaries		Direct	54,595	11,819	66,414	66,841
Equipment		Direct		15	15
Rates &Water		Direct		1,129	1,129	486
Light &Heat		Direct		8,060	8,060	5,962
Insurance		Direct		955	955	827
Repairs &Renewals		Direct	732	14,168	14,900	5,661
Programme Costs		Direct	4,872	180	5,052	2,198
Travel		Direct
Printhrg, Postage &Stationery		Direct
Cleaning		Direct		844	844	433
Telephone		Direct
Miscellaneous Costs		Direct		153	153	153
StaffDevelopnient		Direct
Depreciation		Direct
Legal & Professional	Fees	Direct
Support costs allocated	to activities
Wages &Salaries			57,323		57,323	57,550
Wages Support Costs						24,879
Equipnient			1,216		1,216	549
Rates & Water			1,769		1,769	486
Light &Heat			8,061		8,061	5,963
Insmuuce			5, 153		5, 153	4,676
Repairs &Renewals			11,658		11,658	5,780
Programme Costs			1,490		1,490	254
Tmvel			46		46
Printing, Postage &Stationery			695		695	121
Cleaning			1,328		1,328	788
Telephone			1,647		1,647	1,324
Miscellaneous Costs			1,005		1,005	326
StaffDevelopment			100		100
Bank charges aud interest
Accountaucy fees			4,380		4,380	4,032
Legal &Professional	Fees		12,998		12,998	12,890
Profit/(loss) on Disposal			(4,483)		(4,483)
Depreciation			15,015		15,015	15,830

Staff Costs	Total	Total
	Funds	Fuuds
	2022	2021
Staff costs were as follows:
Wages and salaries	113,150	114,599
Social security costs	4,900	5,259
Pension costs	5,688	4,533
		~243 1

Tangible Fixed Assets				Furniture,	Furniture,	Office &
				fixtures &		general
Cost		Buildings f		fittingsf		equipment	Total
At 1 April 2021		704,814			83,523	48,836	837,173
Additions						1,750	1,750
Disposals						(25,419)	(25,419)
At 31March 2022
Depreciation
At 1 April 2021		477,210			44,244	47,028	568,482
Charge for the year			8,319		5,895	801	15,015
Disposals At 31 March 2022						(25,123) (25,123) 22726 ~4
Net Book Value
At 31 March 2022		~21					255 130
At 31 March 2021		~22
Fixed Asset Investments
						Shares	in group
						undertakings
Cost
At 1 April 2021 to 31 March	2022
Net BookValue
At 31 March 2022
At 31 March 2021
The charity holds 20% or more of the issued share capital ofthe companies					listed below:
	Country			Proportion			Nature of
	oflncorporation	Shareholding			held		business
Subsidiary undertakings						Provision ofpremises
PNC Services Limited	England	Ordinary	Shares		100%	management	services
Aggregate Capital &Reserves							2021
PNC Services Limited							~18
Protit/(Loss) for the Year
PNC Services Limited

10.	Debtors
							2022	2021
							f
	Trade debtors						81,414
	Other debtors						6,394	7,025
	Prepayments	&accmed income					23,443	11,577
11.	Creditors:	Amounts	falling due	tvitbin one year
							2022	2021
	Trade creditors						5,153	2,102
	Other creditors						9,625	16,919
	Accruals &	deferred grant income					32,544	33,956
12.	Creditors:	Amounts	falling due	after year
							2022	2021
	Deferred grant income						54,276
13.	Unrestricted	Funds
							Transfers	At 31
				At 1AprU			bettveen	March
				2021	Income	Expendituref	funds	2022
	PNC Fund					(~0
	Designated	Funds
	PMC Fund				42,825	(37,445)	(5,380)
	Capital Fund			268,691		(15,015)	1,454	255,130
	Total Unrestricted Funds Unrestricted Funds —movement			~61 ~1 in previous year	~	(~	~16	130 8 18
							Transfers	At 31
				At I April			bettveen	March
	PNC Fund			2020	Income g 2~22	Expenditure f (~61	funds	2021 ~I
	Designated	Funds
	PMC Fund				29,041	(25,184)	(3,857)
	Capital Fund			283,897		(15,831)	625	268,691
				~S
	Total Unrestricted
	Funds

14	Restricted	Funds			At			Transfers	At 31
					I April			between	March
					2021	Income f	Expenditure	Funds	2022
Revenue Funds
	Breakout				10,928		(732)		10,196
	PNC					37,500			37,500
	Family Support —Adult				24,843	17,747	(59,467)	16,877
	Total Restricted
	Funds
	Restricted	Funds—	rnovernent	in previous year	At			Transfers	At 31
					I April			between	March
					2020f	Income	Expenditure	Funds	2021f
	Revenue	Funds
	Breakout				10,928				10,928
	Family Support —Adult				43,575	38,643	(57375)		24,843
	Total Restricted
	Funds

		Unrestricted	Unrestricted	Funds	Restricted
		PNC	Designated		Funds	Totalf
Tangible	fixed assets			255,130		255,130
Investments		I				I
Debtors	6t prepayments	111,251				111,251
Cash at bank		123,398			47,696	171,094
Creditors		(101,598)				(101,598)
Analysis	ofNet Assets Between Funds —prior year
		Unrestricted		Funds	Restricted
		PNC	Designatedf		Fundsf	Total
Tangible	fixed assets			268,691		268,691
Investnients		I				I
Debtors tk prepayments		18,602				18,602
Cash at bank		176,797			35,771	212,568
Creditors		(52,977) ~42	~1		~35	(52,977) ~85