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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|
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|Registered|Office and Operational|Office and Operational|Office and Operational|Pennywell
Neighbourhood|Pennywell
Neighbourhood|Pennywell
Neighbourhood|Centre|
|---|---|---|---|---|---|---|---|
|Address||||Pennywell
Shopping||Centre||
|||||Portsmouth
Road||||
|||||Sunderland||||
|||||Tyne and Wear||||
|||||SR49AS||||
|Custodian|Trustees|||Denise Haley||||
|Chief Executive||||Gary Brooks||||
|Management||Committee|Members|||||
|||||Julie Hanly||||
|||||Denise Haley||||
|||||Beverley Bulmer||||
|||||Sue Foster||||
|||||Peter Lovegrove||||
|||||Esdaile Boyling||||
|||||Leanne Moore||||
|||||Kevin Doran||||
|||||David Thompson||(appointed 21"November 2022)||
|Independent||Examiner||A. M. Henshaw|FCCA,|||
|||||Torgersells||||
|||||Avalon House||||
|||||StCatherine's|Court|||
|||||Sunderland||||
|||||SR5 3XJ||||
|Bankers||||Co-operative
Bank pic||||
|||||5/6 Fawcett Street||||
|||||Sunderland||||
|||||Tyne and Wear||||
|||||SR1 1RF||||
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|The trustees present|their|report|together with the financial|together with the financial|together with the financial|statements|statements|for the year ended 31 March 2023.|
|---|---|---|---|---|---|---|---|---|
|Reference and Administrative|||Information||||||
|Charity Name:-||||Pennywell|Neighbourhood|||Centre|
|Charity Registration|Number;-|||1005148|||||
|Registered Office and Operational||||Pennywell|Neighbourhood|||Centre|
|Address||||Pennywell|Shopping||Centre||
|||||Portsmouth|Road||||
|||||Sunderland|||||
|||||Tyne and Wear|||||
|||||SR49AS|||||
|Custodian
Trustees|||||||||
|Denise Haley|||||||||
|Jane Caldwell|||||||||
|Management
Committee||Members|||||||
|Julie Hanly|||||||||
|Denise Haley|||||||||
|Jan Caldwell||(resigned 11'"July 2022)|||||||
|Beverley Bulmer|||||||||
|Sue Foster|||||||||
|Peter Lovegrove|||||||||
|Esdaile Boyling|||||||||
|Leanne Moore|||||||||
|Kevin Doran|||||||||
|David Thompson||(appointed||21"November|2022)||||
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|||||Total||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Funds|Total Funds|
||Note|Funds|Funds|2023|2022|
|Income and Expenditure||g||||
|Income||||||
|Income from generated
funds||||||
|Donations
and legacies|2a|62,578|139,912|202,490|87,938|
|income from investment|2b|42,896|-|42,896|27,600|
|Income from charitable
activities|3|11,724||11,724|90,378|
|Total incotne||117198|139912|257 110|205 916|
|Expenditure||||||
|Expenditure
on charitable activities|4|(147,441)|(86,839)|(234,280)|(216,923)|
|Total expenditure||~147441|~86839|~234280|~216923|
|Net income/(expenditure)||(30,243)|53,073|22,830|(11,007)|
|Transfers||||||
|Transfers between
funds|14|70,776|(70,776)|||
|Net movements
on funds||40,533|(17,703)|22,830|(11,007)|
|Total funds brought
forward||388,182|47,696|435,878|446,885|
|Total funds carried forward||||||
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|||||Note|2023|2023|2023||2022||2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Fixed Assets||||||||||||
|Tangible assets||||||262,148||||255,130||
|Investments|||||||I||||I|
|||||||262,149||||255,131||
|Current Assets||||||||||||
|Debtors||||10|32,141||||111,251|||
|Cash at bank and|in hand||||236,972||||171,094|||
|Total current assets|||||269,113||||282,345|||
|Liabilities||||||||||||
|Creditors: Amounts||falling due within one year||11|45|416|||47322|||
|Net current assets||||||223,697||||235,023||
|Creditors: Amounts||falling due alter one year||12|||27,138|||54,276||
|Total net assets||||||||||358 8||
|Unrestricted
funds||||13||||||||
|General
fund|||||117,067||||133,052|||
|Designated
funds|||||311,648||||255,130|||
|||||||428,715||||388,182||
|Restricted funds||||||||||||
|Revenue||||14|||29,993|||47,696||
|||||||45EJ%||||||
|These
unaudited||financial|statements
were|appmved|by|members|of|the|committee|on|the|
|7 t
Iz|ts|and are signed on their behalf by:||||||||||
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|2a|Donations
and Legacies|Donations
and Legacies||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Funds|Funds|
|||||Funds|Funds|2023|2022|
||Grants Receivable||||g|||
||The Clothworkers||||7,000|7,000||
||The Bernard Sunley||||4,000|4,000||
||Ballinger Trust|||10,090||10,090|9,797|
||The Community
Foundation|||5,250|10,100|15,350|15,041|
||National
Lottery Community||Fund||60,718|60,718|10,000|
||Sir James Knott Trust||||15,000|15,000||
||Bernicia Foundation||||7,494|7,494||
||Empower Community|||2,000|2,790|4,790||
||Zedra Trust||||3,000|3,000||
||HSBC Screwftx Foundation||||3,500|3,500||
||Sir John Priestman|Charity Trust|||6,000|6,000||
||The Bailey Thomas|Charitable|Fund|||||
||The Edward Gostling Fundation||||5,000|5,000||
||The Hadrian Trust|||1,000||1,000||
||Trusthouse||||||7,500|
||Greggs Foundation|||15,000||15,000|18,850|
||The Evan Conrish Foundation||||||4,000|
||Postcode Neighbourhood
Lottery||||||7,950|
||Sunderland
CC||||12,310|12,310|4,000|
||Rukba Independent|Age Grant|||||10,000|
||Rothley Trust||||||800|
||Joseph Frazer Strong Trust|||1,000||1,000||
||The Joicey Trust||||3,000|3,000||
||Catherine
Cookson|Charitable|Trust|600||600||
||NHS Sunderland|||27,138||27,138||
||Gentoo|||500||500||
|||||62 578|139912|~4||
|was unrestricte|d
(2022:632,691)and f13|d
(2022:632,691)and f13|9,912restricted (2022:855|,
,247).||,|
|---|---|---|---|---|---|---|
|Income from|Investments||||Total|Total|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Funds|2023|2022|
|||||g|||
|PNC recharge|||||||
|Rent|||||||
|Pennywell|Medical|Centre|15,651||15,651|27,600|
|Northeast|Dementia|Care|27,245||27,245||
||||||42 896|~2600|
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|3|Income from|Charitable|Charitable|Activities||||Total||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Funds|Total Funds|
|||||||Funds|Funds|2023|2022|
||||||||||f,|
||User Contributions|||||5,358||5,358|8,252|
||Pennywell
Medical Centre|||—running|costs||||42,825|
||Release ofredundancy||provision||||||24,822|
||Job Retention|Scheme|||||||14,479|
||NED Running|costs||||6,366||6,366||
|||||||11724||11724|9~037|
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|Total Expenditure|||||||
|---|---|---|---|---|---|---|
||||Health and||||
|||Basis of|Family|Other|||
|||allocation|Support|Activities|Total 2023|Total 2022|
||||8|8|f||
|Costs directly aUocated|to activities||||||
|Wages &Salaries||Direct|60,636|3,149|63,785|66,414|
|Equipment||Direct||||15|
|Rates &Water||Direct||28|28|1,129|
|Light &Heat||Direct||1,186|1,186|8,060|
|Insurance||Direct||762|762|955|
|Repairs &Renewals||Direct||1,527|1,527|14,900|
|Programme
Costs||Direct|9,046|100|9,146|5,052|
|Travel||Direct|||||
|Printing,
Postage &|Stationery|Direct|||||
|Cleaning||Direct||177|177|844|
|Telephone||Direct|||||
|Miscellaneous
Costs||Direct||160|160|153|
|Staff Development||Direct|||||
|Depreciation||Direct|||||
|Legal &Professional|Fees|Direct|||||
|Support costs allocated|to activities||||||
|Wages &Salaries|||71,927||71,927|57,323|
|Equipment|||1,986||1,986|1,216|
|Rates &Water|||1,948||1,948|1,769|
|Light &Heat|||10,401||10,401|8,061|
|Insurance|||5,758||5,758|5,153|
|Repairs &Renewals|||14,355||14,355|11,658|
|Programme
Costs|||1,151||1,151|1,490|
|Travel|||76||76|46|
|Printing,
Postage &|Stationery||505||505|695|
|Cleaning|||2,047||2,047|1,328|
|Telephone|||1,979||1,979|1,647|
|Miscellaneous
Costs|||1,026||1,026|1,005|
|StaffDevelopment||||||100|
|Accountancy
fees|||8,707||8,707|4,380|
|Legal &Professional|Fees||10,361||10,361|12,998|
|Profitl(loss) on Disposal||||||(4,483)|
|Bad Debts|||6,394||6,394||
|Depreciation|||18,888||18,888|15,015|
||||2~2||||
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|5|Staff Costs||||Total|Total|
|---|---|---|---|---|---|---|
||||||Funds|Funds|
||||||2023|2022|
||Staff costs were as follows:||||||
||Wages and salaries||||126,696|113,150|
||Social security costs||||4,324|4,900|
||Pension costs||||4,692|5,688|
||||||~15
12|~123
38|
||No employee received|in excess ofK 60,000|during|the current orpreceding year.|||
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|Tangible Fixed Assets|||||Furniture,|Furniture,|Office &||
|---|---|---|---|---|---|---|---|---|
||||||fixtures &||general||
|||Buildings||||littings|equipment|Total|
|Cost||||g|||||
|At 1 April 2022||704,814||||83,524|25,167|813,505|
|Additions||||||23,937|1,969|25,906|
|Disposals||||||(1,986)|(2,026)|(4,012)|
|At 31March 2023||704814|||~1054 5||~25 110||
|Depreciation|||||||||
|At 1 April 2022||485,527||||50,141|22,707|558,375|
|Charge for the year|||8,319|||8,990|1,579|18,888|
|Disposals||||||(1,986)|(2,026)|(4,012)|
|At 31 March 2023||||||57 145|22 260|~53 251|
|Net BookValue|||||||||
|At 31March 2023||||||48 330|2 850|~62 148|
|At 31March 2022||21928||||3383|2460|2~1|
|Fixed Asset Investments|||||||||
||||||||Shares|in group|
||||||||undertakings||
|Cost|||||||||
|At 1 April 2022 to 31March|2023||||||||
|Net BookValue|||||||||
|At 31 March 2023|||||||||
|At 31 March 2022|||||||||
|The charity holds 20%or more ofthe issued share capital ofthe||||companies||listed below:|||
||Country||||Proportion||Nature of||
||ofincorporation|Shareholding||||held||business|
|Subsidiary
undertakings|||||||||
||||||||Provision of|premises|
|P N C Services Limited|England|Ordinary|Shares|||100%|management|services|
|Aggregate
Capital &Reserves||||||||2022|
|P N C Services Limited||||||||3,182|
|Profit/(Loss)
for the Year|||||||||
|P N C Services Limited|||||||||
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|10.|Debtors|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2023|2022f|
||Trade debtors|||||||||18,558|81,414|
||Other debtors||||||||||6,394|
||Prepaymeuts|&accrued income||||||||13,583|23,443|
|||||||||||32 141|~11125|
|11.|Creditors: Amounts||falling due|within one year||||||||
|||||||||||2023|2022|
||Trade creditors|||||||||2,235|5,153|
||Other creditors|||||||||10,705|9,625|
||Accruals &deferred||grant income|||||||32,476|32,544|
|||||||||||45 416|4
22|
|12.|Creditors: Amounts||faihng due|after year||||||||
|||||||||||2023|2022|
||Deferred grant income|||||||||27,138|54,276|
|||||||||||27 138|54276|
|13.|Unrestricted|Funds||||||||||
|||||||||||Transfers|At 31|
|||||At 1April||||||between|March|
|||||2022||Income||Expenditure||funds|2023|
||PNC Fund|||~0||67|936|~4||~08|~11 06|
||Designated|Funds||||||||||
||PMC Fund|||||15,651||(7,090)||(8,561)||
||NED Fund|||||33,611||(17,055)||(16,556)||
||Capital Fund|||255,130||||(18,888)||25,906|262,148|
||Redundancy|Fund||||||||49,500|49,500|
|||||||||(44)||||
||Total Unrestricted|||||||||||
||Funds|||3$Lj82||ll2J98||~L44J||7006|42K21 5|
||Unrestricted|Funds|—movement|in previous|year|||||||
|||||||||||Transfers|At 31|
|||||At 1April||||||between|March|
|||||2021||Income||Expenditure||funds|2022|
||PNC Fund|||~142|23|~l||~14|4|~129
1|~133052|
||Designated|Funds||||||||||
||PMC Fund|||||42,825||(37,445)||(5,380)||
||Capital Fund|||268,691||||(15,015)||1,454|255,130|
|||||~286|1|42|2|524|0|~2|~21|
||Total Unrestricted
Funds|||~1||~56||||||
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|14|Restricted Funds|At||||Transfers|At 31|
|---|---|---|---|---|---|---|---|
|||IApril||||between|March|
|||2022|Income||Expenditure|Funds|2023|
|||K||||||
||Revenue Funds|||||||
||Breakout|10,196||||(10,196)||
||PNC|37,500|50,784||(17,157)|(60,580)|10,547|
||Family Support|||||||
||—Adult||89,128||(69,682)||19,446|
||Total Restricted
Funds||~13|12|~~||~23|
||Restricted Funds —movement|in previous year||||||
|||At||||Transfers|At 31|
|||1April||||between|March|
|||2021|Income||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|~35771|~55|247|0|~168|~46 6|
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|Analysis ofNet Assets Between Fu|nds|nds||||
|---|---|---|---|---|---|
||Unrestricted||Funds|Restricted||
||PNC|Designated||Funds|Total|
|||||K||
|Tangible fixed assets|||262,148||262,148|
|Investments|I||||I|
|Debtors &prepayments|32,141||||32,141|
|Cash at bank|157,479||49,500|29,993|236,972|
|Creditors|(72,554)||||(72,554)|
||~6||~3|29993|~5|
|Analysis ofNet Assets Between Funds —prior year||||||
||Unrestricted||Funds|Restricted||
||PNC|Designated||Funds|Total|
||8||8|||
|Tangible fixed assets|||255,130||255,130|
|Investments|I||||I|
|Debtors &prepayments|111,251||||111,251|
|Cash at bank|123,398|||47,696|171,094|
|Creditors|(101,598)||||(101,598)|
||~133052||255 130|47 696|~45
8|