commi&oion
Charity Registration Number . 1005148
Pennywell Neighbourhood Centre
Unaudited Financial Statements
For the year ended 31 March 2025

Pennywell Neighbourhood Centre
Index
Year Ended 31 March 2025
Contents
Pages
Officers and Professional Advisers
Trnstees, Report
Independent ExamineT'S Report
Unaudited Statement of Financial Activities
Unaudited Balanc¢ Shc¢t
io
Notes to the Unaudited Financial Statements
11-20

Pelln￿ell Neighbourhood Centre
Officers and Professional Advisers
Registered Office and Operational
Address
Pennywell Neighbourhood Centre
Pennywell Shopping Centre
Portsmouth Road
Sunderland
Tyne and Wear
SR4 9AS
Custodian Trustees
Denise Haley
Chief Executive
Gary Brooks
Trustees
Julie Hanly
Denise Haley
Beverley Bulmer
Sue Foster
Peter Lovegrove
Esdaile Boyling
Leanne Moore
Kevin Doran
David Thompson
Sharon GuDn
Independent Exarniner
A. M. Henshaw FCCA,
Torgersens
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
Bankers
Co-operative Bank plc
516 Fawcett Street
Sunderland
Tyne and Wear
SRI IRF

PennJTrvell Iyeighbourhood Centre
Trustees, Report
Year Ended 31 March 2025
The trustees present their report together with the financial statements for the year ended 31 March 2025.
Referenee and Administrative Information
Charity Name:_
Pennywell Neighbouthood Centre
Charity Registration Number:_
1005148
Registered Offjce and OperationaI
Address
Pennywell N¢ighbourhood Centre
Pennywell Shopping Centre
Portsmouth Road
Sullderlalld
Tyne and We
SR4 9AS
Custodian Trustee5
Denise Haley
Management Committee Mcmhers
Julie Hanly
Denise Haley
Beverley Bulmer
Sue Foster
Peter Lovegrove
Esdaile Boyling
Leanne Moore
Kevin Doran
David Thompson
Sharon Gun
Structur4 Governance and Management
The organisation has existed since 1989, and its objects and regulations are regulated by a t￿st deed under which
the Charity is constituted as an unincorporated association. It has been registered as a charity (No. 1005148)
since October 1991. The conslitulion stales ihat its objects are..
"In the interests of social welfare to provide for the benefit of the inhabitants of the Pennywell estate and
neighbouring environs in Sunderland in the county of Tyne and Wear [hereinafter called "the area of benefit"] a
neighbourhood centre and to promote therein and in the area of benefit, facilities and activities so as to relieve
poverty, advance education and itnprove the conditions of life for the said inhabitants."
Recruitment and Appointment of the ManageMent Committee
The management COTnTnittee members are also the trnslees of ihe Charity. All members. save co-optees, are
elected at ihe AGM. One of the key strengths of the organisation 15 that it is fimlly rooted in the community and
is led by local people. The make-up of the Committee reflects this, with a majority of eight places being
allocated to local residents with full membership of the Association. Usually. a number of these members seek to
maintain their involvement for more than one year which gives continuty and stabillty to the Committee. New
members are recrnited by advertising around the area and by promoting the opportunity amongst Centre users. A
fi]rther two places are open to nominated representatives of locally based organisations with which the Centre
has strong working links. and a final two places are for associate members who are nominated staff
rq)res¢ntatives from PNC.

Pennywell Neighbourhood Centre
Trustees, Report
Year Ended 31 March 2025
Trustee Induction and Tralning
Most of the Comrnittee member5 are familiar with the practical work of the Centre as they either are existing or
past users of Centre services or have links to partner orgallisations. In addition to this, trustees r¢ceive induction
trdining focusing on th¢ constitution. the role of ihe Committee and its officers, and the need for DBS clearance5.
A rolling programme of policy and procedure review ensures that the trustees have an opportunity to famlliarise
themselves in detail with the Nnning of ihe organisation and statutory responsibilities. Trustees are also
encouraged to take part in training opportunities that are available at the Centre and within the wider voluntary
sector network.
Risk Management
The Management Committee has identified the major risks to which the Charity is exposed and has ensured that
there are a range of syst¢rn5 and procedurcs in place to address them. Thcse are subject to regular review, and
include:
significant external risks to funding, which have been addressed through a business plan and regular budget
review
internal control risks which are minin)ised through f￿anCial and operational procedures
policies and procedures to ensure compliance with health and safety requirements and standard5
protection of children and vulnerable adults addressed by obtaining enhanced CRB clearances for trustees,
staf( and volunteers, Working to Ofsted standard4 having relevant protection and recruitn)ent policies and
procedures, and providing a programme of staff training.
The Centre receives support and insuTaTJce relating to personnel and employment matters as well as health and
safety from Black Mountain. This has proved invaluable in dealing with a number of issues.
Organisational Structure
The Charity has a Management Committee comprised of up to twelve members as described earlier. It also has
the Capacity to appoint up to four ¢o-optee& and these would nomially be individuals who can bring specific
areas of expertise or who are representatives of organisations with whom the Centre wishes to strengthen its
links.
The day to day running of the Centre is delegated to a paid slaff team which is headed up by the Chief Executive.
All staff work within teams that are lead by line managers. Staff receive monthly supervision, and attend regular
staff and teatn meetings. Most staff attend bespoke training that supports professional developTnent.
Related Parties
The Charity has close links with Sunderland City Council to ensure that opportunities for professional
development and guidance on slandards are accessed.
Public Benefit Statement
The trustees have had regard to the Charity's Commission guidance on their legal duty on public benefit, and are
satisfied that the charity delivers public benefit" and due regard is paid to the guidance on public benefit wh¢n
deciding on what new projects the charity should undertake.
Missioll Statement
"To improve the lives of our community through health and well-being services."
The need we address and why this is important
In Pennywell, widespread and chronic poverty ha5 led to a significantly higher than average occurrence of the
following 4 challenges..
Poor physical health
Poor mental health
Isolation and loneliness
Improving the ability to live independent

Pennywell Neighbourhood Centre
Trustees, Report
Year Ended 31 Marcb 2025
All of the above are related and represent multiple issues for many people. Povety lies at the root of unhealthy
lifestyle choices, (for example, lack of exercise, smoking and drinking too much. living on junk food. etc). These
factors lead in turn to ejnergent physical and mental health issues such as wor general fitness. alcohol
dependency and depression. The result of these challenges can include increased withdrawal from engagement
in ihe community, growing social isolation and loneliness. Left unaddress¢l this siluation will often trigger a
downwards spiral of increased substance use, reinforced social isolation and chronic illness. Many in our
communily have lived this way for decades - ultimately resulting for a high proportion in life changing illness
(cardio vascular issues, long tern) depression. higher levels of life threatening issu¢s such as heart disease,
ancer, et¢). In short, many of Pennywell's residents are locked into a self-reinforcing cycle of economic
deprivation, physical ill-health. declining mental health, incre&sing social isolation and re(luced personal
resilieTJce.
COVID-19 and now the cost of living crisis has amplified and exacerbated all of the above problems. For
example, amongst our clients who already had flnancial difficulty there has been a return to previous unh¢althy
behaviours, as they do not have the income to continue with some of their positive health choices.
EVIDENCE RE: THE NEEDS WE DESCRIBE:
A) In 2020, we commissioned Dr. Mark Wetherell from Northumbria University to undertake a needs analysis
amongst local people. Assessing the health, wellbeing and functioning of a sample of 41 individuals. Dr.
Wetherell found that:
l) Older people in Pennywell were more likely than the wider older population to struggle with daily living tasks
and were more dependent on others as a result. Dr. Wetherell concluded thal, in Pennywell, "in the main, levels
of function are low and dependency levels are high"
2) Pennywell residents reported almost twice the level of chronic stress than did the population at large.
3) Across a wide age range, Pennywell residents report role limilations caused by physical or emotional factors
that are significantly worse than average. The evaluated group also scored very poorly (when compared against
the g¢neral population) in tem)s of general health, physical functioning, emotional wellbelng and social
functioning.
B) In a consultation with 43 project users in June 2023, 980/0 Stated that they believed that attending our Heath
and Well-being Sessions helped to lower their stress. 930/0 Stated that the sessions help them with their anxiety.
950/0 confirmed that their confidence is helped. 730/0 Stated that they valued the social opportunlties afforded by
our activities.
Aetivities
Our purpose is to support the most vulnerable in our Community to break the cycle described above, help th¢Tn to
adopt healthi￿ life habits and so improve their mental. physical and emotional health in the long tenn. Given the
need to target resources, we design our programmes to supporting specific groups of vulnerable people. for
example older people, often living alone or otherwise socially isolated, people with learning disabilities. families
living in wverty and young people.
Currently w¢ provide:
I) HEALTH AND WELL-BEING EDUCATION (including things like Next Steps in Cookery and Seasonal
Cooking [supporting kitchen confidence. cooking skills and nutritional knowledge]- Sit and Be Fit and 'Yoga'
[focusing on physical fitness, flexibility and improved mental health through mindfulness]; Down Memory Lane
[focusing on social interaction]).
2) A GARDEN]NG CLUB. This gives users a sense of challenge, purpose and achievement. It provides physical
artivity, fresh air and comradeship. The activities are inherently Mind￿7, absorbing and calming - and they keep
people moving.

Penn￿ve11 Neighbourhood Centre
Trustees, Report
Year Ended 31 March 2025
3) An ARTS PROJECT (including Texliles, Card Crafts, [helping to maintain manual dexterity] and Singing
[this addresses social isolation, addTesses loneliness and has been proven to improve both rnental and physical
health]).
4) Peer Mentor volunteers help to design and deliver the programme. This gives them opportunities to meet their
neighbours, increase their social interaction and build ncw relationships. 'lThis leads to reduced feelings of
loneliness and isolation and improved emotional and menta] wcll-being for the Peer Mentors - and contributes to
improved nutrition. fitness and emotional health for the wider group.
5) PaTÈnership activities with other local charities, sucb as Pennywcll Cornmunity Cenre and North East
Dementia Care- joint events and activities (e.g. Christmas cclebration. school holiday activities).
6} THE BREAD AND BUTTER THING is a food surplus distribution charity that offers a weekly shop for just
£8.50. Funded by Gentoo, Pennywell Neighbourhood Ccntre was the first hub to open in Sundcrland on 9th
November 2022. It provides local residents with the opportunity to sign up and gain access to an average of £35
worth of items, including fresh fruit and veg, fridge favourites and cupboard staples.
7) LtNKS FOR LIFE PROJECT. This delivery is a continuation of the Welcome Spaces project. They are
places where people can gather foT free in a warn), safe, welcoming place and enjoy a hot drink. some food,
some activities and some company.
We work alongside Sunderland City Council and 32 other voluntary, community and social ent¢￿TiSe
organisations as part of a network of Links for Life providers across Sunderland. The netWOTk of providers
allows us to signpost any attendees who may need advice or practical solutions with debt, managing utilities,
help with housing and more.
Strategic Goals
The 4 strategic goals for the organisation set out in our business plan for this period are..
Widen participation through developing existing services and creating new ones
We aim to expand the range and delivery activities of all our services to increase the number of people we can
help. to help attract new funding and to raise our profile within the area. This will include creating brand new
service5 alongside existing services.
Funding and Income Generation
Our key areas of service delivery remain the Health and Well-Being Skills Programme and landlord activities.
The key Challenge for them both is the Continuation of funding. A funding strategy for the organisation in
gencral and in particular the Health and Well-Being Ski115 Programme is fundamental to its long-tenn success
and the ability of the organisation to d¢liver activities essential to local r¢sid¢nts and those who trav¢l in to th¢
area to access our services.
Good Govemance
We also need to maintain good governance of the organi5ation through the introduction of new local
management committee members. allowing long-terni committee members the opportunity to move on and
rnaking sure all committee members have the inforniation they need to make decisions. We need to have a
strategy in place for recntitment and selection of new committee members.

Pennywell Neighbourhood Centre
Trustees, Report
Year Ended 31 March 2025
Marketing and Promotion
Finally, we need to develop and adopt a marketing strategy that includes plans for improving our website,
increasing our social media presence and making sure everyone who would benefit from our service5 knows
about our services.
Aehievements and Performance
Health and Well-Bein
ramme
During the course of this year we have offered activities thai promote healthy living, the acquisition of life skills,
independence and engag¢m¢nt with neighbours. Our projects are designed around sessional programmes. These
vary based on the needs and the expressed wishes of our useT5 and are described in more detail above.
Our pmgramme place5 a strong emphasis upon celebrating achievement and enswing that the gains our servtce
users make are recognised by their families and the wider community.
We have now been awarded a further three years of funding for this project frorn the National Lottery
Community Fund. This major funding will take the project through to June 2028.
North East Dementia Care
Our tenan¢ who signed a new lease in 2025 that Tuns until 2028. They offer day care support to people living
with Detnentia in Sunderland and the surrounding areas. Day care includes; stimulating activities, hot lunch and
transport. We have developed a strong working partnership with them since they moved in.
Links for Life
Extension funding for this project has been obtained and this will now run until the end of March 2026.
Marketin
Our website, www.pennywellnc.org was updated in 2025 10 reflect any chang¢s to our seryice delivery.
Financial Review
Against a continuing background of reduced funding across the county as a whole with the end of funding
progrdmmes, the cutting of fvnding from government, the impact of the cost of living crisis and increased
pr¢ssures on grant funders, the Centre's main priorities have been to address shortfalls in core funding. and to iry
to secure the sustainability of its key services by looking at our income generation strategies.
Princi
al Fundin Sources
With regard to the core funds the Centre has been fortunale in receiving support from NHS Sunderland Clinical
Commissioning Group until March 2025. Taken together with rental income from North East Dementia Care,
this means we have been able to meet our core costs for the year.
The main source of funding for our service delivery and to support and expand the work of the centre came from
a number of different sources. We received significant tsnding from the National Lottery Community Fund,
Awards for All, Community Foundation, Garfield Weston, Sir John Priestman Charity Trust and Sunderland
City Council Links for Life.
Also, smaller grants and in kind donations have also made a huge impact. This year we benefited from continued
funding from the Joseph Strong Frazer Trust, small grants from the Hadrian T￿￿[ ASDA Foundation, Music for
All, The Joicey Trust. Sabina Sutherland Charitable Trust, Hospital of God, Leslie and Lillian Manning
ChaTiLqble Trust, Percy Hedley 1990 Charitable Trust and King Charles Ill Fund, and other small fundraising
activities.

Pennywell Neighbourhood Centre
Tn]stees' Report
Year Ended 31 March 2025
Investment Polic
Currently no reserves are invested and this will continue to be Teviewed aJ)nually.
Reserves Polic
The Management Committee has established a policy whereby the unrestricted funds not committed or invested
in tangible fixed assets held by the charity should be approximat¢ly 6 months of running costs - which cU￿entlY
equates to roughly £1 00,000. At this level the Managcmeni Committee feel they would b¢ able to continue ihc
cu￿ent activities of the charity in the event of a significant drop in fimding until lost fimding could be replaced
or alternative busines5 plans drawn up.
Plans for Fulure PeriDd5
The organisation will continue working to obtain alternative sources of funding to make sure the organisation is
sustainable in the long icrni.
Other funding and sources of income will include rental of office sp￿¢ to other organisations and more
advertising of the space will be required.
Joint working initiatives with North East Dementia Care and other local organisations will continue to be
explored and built in to future delivery models and funding requirements.
Members of the Management Committee
The members of the Management Committee who are the I￿ste¢S of the Charity, and who served during the year
and up to the date of this Teport are listed at the beginning of this report.
Statement of the Management Committee's Responsibilities for Financial Statements.
The Charities Aci 2011 requires the Management Committee to keep proper records of accounls with respect to
the affairs of the charity, and prepare stalements of account for each a￿ountIng period consisting of a slateTnent
of fmancial activities and a balance sheet. The Management Committee are also responsible for safeguarding the
charity's assets, and hence for taking reasonable steps for the prevention and detection of e￿or, fraud. and other
i￿egUlar1ties.
In preparing the financial statements the Management Committee are expected to,.
Select suitable accounting policies and apply thetn consistently, making judgements and estimates that
are reasonablc and prudent.
Following the recomrnendations of the Charity Commission and of the accounting profession with
regard to the forn] and content of the fmancial statements or to disclose and explain any departures
therefrom" and
Prepare the financial statements on the going concern b&8is unless it is inappropriafr to assume that the
charity will continue to meet its objectives.
Examiner
The examiner. Mrs A. M. H¢nshaw of ToTgersen4 will be proposed for re-appointment at the Annual General
Meeting.
This r¢port was approved by the truslees on
Signed on behalf of the trustees by
Name
'.ILi NJL
Date

Independent Examiner's Report to the Trustees of
Pennywell Neighbourhood Centre
Year Ended 31 March 2025
I report on the financial statements of the Charity for the year ended 31 March 2025 which are set out on pages 9
to 20.
Respeetive responsibilities of trustees and examiner
The Charity's Twsfres are responsible for the preparation of the financial statements. The Charity's Trustees
consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 ("The Charities
Act"} and that an independent examination is needed.
It is my responsibility to:
exarnine the financial statements under section 145 of the 2011 Act.
• to follow the procedures laid down in the General Directions given by the Charity Commission under
section 145 (5} (b} of the 2011 Act. and
• to slate whether any particular matters have come to my attenlion.
Basis of ind¢pend¢nt examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission.
examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts and Seeking explanations from you as truslees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audiL and consequently no opinion is
given &s to whether the accounts present a "trne and fair view" and the report is limited to those set out in the
statement below.
Independenl examiner's statement
In connection with my examination, no matter has come to my attention:
(l) which gives me reasonable cause to believe that in any material respect the requirements:
• to keep accounting records in accordance with section 130 of the 2011 Act. and
• to prepare a￿ountS which accord with the accounting records and comply with th¢ accounting requirements
of the Charities Act
have not been met. or
{2)
to whicli, in my opinion, attention should be drawn in order to enable a proper understanding of the
flnancial statements to be reached.
M. Henshaw FCCA
Torgersens
Chartered Accountants
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
Date: zj loilzG

Pennywell Neighbourhood Centre
Unaudited Statement of Financial Activities
Year Ended 31 March 2025
Total
Funds Total Funds
2025
2024
Unrestricted Restricted
Funds
Funds
Nots
Ineome and Expenditure
Income
Income from generdtcd funds
Donations and legacies
Income from investment
Income from charitable activities
48,0(Y)
33,471
8,231
125,767
173.767
33,471
8,231
224.394
44,000
14.981
2b
Total income
125 767
215469
283 375
Expenditure
Expenditure on charitable activities
(154,851)
(86,780) (241,631) (223,319)
Total expenditure
154 851
241631
223 319
Net incomel(expenditllre)
(65,149)
38,987
(26.162)
60.056
Transfers
Trdnsfers between funds
12
Net movements on funds
(65,149)
38,987
(26,162)
60.056
Total funds brought fonvard
495,860
22,904
518,764
458.708
Total funds earried forward
The noles on pages 1110 20formpart of these unaudtsedfinanclalslalements

Pennywell Neighbourhood Centre
Unaudited Balanee Sheet
As at 31 March 2025
Note
2025
2025
2024
2024
Fixed Assets
Tangible assets
230,928
245,536
230,928
245,536
Current Assets
Debtors
Cash at bank and in hand
11,490
274,252
21,783
297,585
Total eurrent assels
285,742
319,368
Liabilities
Creditors: Amounts falling due within one year
io
Net eurrent assets
261,674
273228
Total net assets
Unrestricted fund5
General fund
Designated funds
96,073
334,638
98,421
397,439
430,711
495,860
Restricted funds
Revenue
12
61.891
22,904
These unaudited f￿anCIal statements were approved by melnbers of the committee on the
and are signed on their behalf by:
Trustee
Name
The noles on pages 11 to 20formpart of Ihese unaAdltedfinanelalslatements
10

Penn)Ivell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
Accounting Policie5
Basis ofPr¢paration
These unaudited financial statements have been prepared under the historical cost convention and in
a¢¢ordance with..
the Statem¢nt of Recommended Practice: Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Stsndards applicable in the UK and Republic
of Ireland (FRS 102) (Charities SORP (FRS102)).
ii)
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
iii) the Charities Act 201
The unaudited financial statements are prepared in sterling, which is the fimctional currency of th¢
charity. Monetary amounts in these unaudited financial statements are rounded to the nearest £.
Going Concern
There are no material uncertainties about the charity's ability to continue.
FundAcGounting
Funds held by the charity are used for:
Unrestricted funds comprise those funds which the trnstees are free to use in accordance with the
charitable objectives.
Designated ￿ndS are unrestricted fLmds earnlarked by the trustees for particular purposes.
Restricted funds are funds which are lo be used for specific pulposes as laid down by the donor or by
specifi¢ tern]s of the appeal under which the fi￿dS are raised. Expenditure which meets these criteria is
charged to the fund, with a fair allocation of management and support Costs.
Donalions L￿d LegL7cies
Donations and legacies are recognised in the Statement of Financial Activities when they are received.
Grants Receivable
All grant income is recognised on the receivable basis. Grants relating to core costs are shown under
Income from Generated Funds, whilsi grants receivable to specific activities or projects are shown under
Income from Charitable Activities.
In the event that a donation is Subject to conditions that require a level of perfonnance before the charity
is entitled to the funds, the income is deFeffed and not recognised unlil either those conditions are fully
met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that
those Conditions will be fulf)Iled in the reporting period.
When income from the grant is received that has time-related conditions attached and the charity is not
entitled to spend that income in advance of its budgeted y&v(s) without the further Prior approval of the
grant-maker then the grant is deferred.
Incomgfrom Investments
Bank interest is included in the Statement of Financial Activities on the a¢cnLa15 basis.

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
Aeeounting Policies (continued)
LeasedAssets
The company acts as a lessor of its land and buildings. Rentals received under these operating leases are
rccognised as income on a straight-line basis over the lease tern].
Expendilure
All expenditUTe is included on an accn￿lS basi5 and is recognised when there is a legal or constructive
obligation to pay for expenditure. All direct costs have been attributed to one of the specific activities a5
set out in note 4 to these unaudited financial statements.
Support cost5 includcd in expenditure are allocated in specific activities on the basis set out in note 4 in
these unaudited f]nancial statements.
FixedAssets
All fixed assets are initially recorded at cost. The trustees have agreed to capitalise assets of more than
£300. any assets below £300 will be included as expenditure in the statement of fmancial activities.
Donated assets are capitali5ed at their market value, as estimated by the trustees, when they are received.
The Co￿espOnding credit is included wiihin donations and legacies under Income from Generated Funds.
Deprecialion
Depreciation is calculated to write off the cosL less estimated residual value, of tangible fixed assets over
their estimated useful lives. The annual depreciation rate5 and methods used are as follows"..
Buildings
Furniture, fjxtures and fittings
Office and general equipment
20/0 straight line
15 % reducing balance
15 % & 250/0 reducing balance
Operuling Lease Agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership
remain with the lessor are charged to the statement of financial activities on a strdight-line basis over the
period of the lease.
Pension Costs
The charity operates a defmed contrilTrution pension scherne for employees. The annual contribution5
payable are charged to the SOFA.
Financial Inytruments
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the entity after deducting all of its financial liabilities.
12

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
Donations and Legacies
Total
Funds
2025
Total
Funds
2024
Unrestricted Restricted
Funds
Funds
Grants Reeeivable
The Community Foundation
National Lottery Community Fund
- RC North East and Cumbria Region
Cost of Living Fund
- Awards for All
- Community Support Worker
Garfield Weston
The Iladrian Trust
The Henry Smith Charity
Greggs Foundation
The Headley Foundation
Postcode Neighbourhood Lottery
Sunderland CC
Greatham Hospital
Roseline Foundation
Joseph Frazer Strong Trust
NHS Sunderland
Th¢ Barbour Foundation
The Percy Headley 1990 Charitable Trust
Sir John Priestman
Asda Foundation
Frazer Trust
Leslie and Lillian Manning Charitable Trust
Music For AII
The Morrisons Foundation
The Catherine Cook Charitable Trust
The Joicey Trust
Sabina Sutherland Trust
2.650
2,650
13,532
56,048
56,048
58.083
29.839
i 0.000
10,000
10,000
20.000
1,000
25.000
20,000
15,000
1,000
25.000
15,000
1,000
12,348
4,954
3,000
2,000
1,000
27,138
5.000
500
1,000
25,000
14,950
14,950
27,138
27,138
500
6,000
1,600
500
6,000
1,600
1,000
1,000
1,600
1,781
500
2,000
1,000
1,000
1.000
1,600
1,781
500
2,000
1,000
125 767
173 767 aLi4
The income from donations and legacies for the charity was £173,767 (2024.. £224,394) of which
£48,000 was unrestricted (2024: £108,897) and £125.767 restricted (2024: £115,497).
2b
Income from Investment5
Total
Funds
2025
Total
Funds
2024
Unrestricted Restricted
Funds
Funds
Rent
Northeast Dementia Care
33,471
33.471
44,￿0
The income from investmeni for the charity was £33,471 {2024: £44,000) which w&s all unrestricted iTJ
the current and previous year.
13

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
Income from Charitable Activities
Total
Unrestrlcted Restricted Funds Total Funds
Funds
Fund5
202S
2024
Us¢r Contribution5
Gift Aid
8231
,231
5.022
9,959
14
The income from charitsble activities for the Charity was £8,231 (2024: £14,981) of which
£8,23 L was unrestricted (2024.. £14,981) and £nil was restricted (2024: £nil).
14

Penllywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
EIpenditure on Charitable Activities
Health and
Family
Support
Other
Aetivities
Total 2025 Total 2024
Costs directly allocated to activities
Wages & Salaries
Rates & Water
Light & Heat
Insurance
Repairs & Renewals
Programme Costs
Printing. Postsge & Stationery
Cleaning
Miscellaneo￿$ Costs
71,360
4,094
397
5,201
822
2.318
75,454
397
5,201
822
2,318
11,655
68,051
11.655
8,495
24
259
1,375
161
14,368
1,375
161
97,383
83,015
76,836
Support Costs allocated to activities
Wages & Salaries
Equipment
Rates & Water
Light & Heat
81,404
1,724
1,826
3,643
5,590
3,649
831
36
464
2,613
1,851
900
390
4,974
15,666
14,922
140,483
81,404
1,724
1,826
7273
5,590
3,649
966
36
464
2,613
,851
900
390
4,974
15,666
14,922
144,248
81,668
3,038
1,991
4,490
6,718
4,721
1,509
3,630
Repairs & Renewals
Programme Costs
Travel
Printing, Postage & Stationery
Cleaning
Telephone
Miscellaneow Costs
Staff Development
Accountancy fees
Legal & Professional Fees
Depreciation
135
382
2,806
1,791
876
9,723
10,079
16,613
146,483
3,765
86,780
154,851
241,631
223,319
The eX￿ndItUre on the charitable activities of the charity was £241,631 (2024: £234280) of ￿1¢h
£154,851 was unrestricted (2024: 116,647) and£86,780 was restricted (2024.. £106,672)
15

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
Staff Costs
Total
Funds
2025
Total
Funds
2024
Staff costs were as follows..
Wages and salaries
Social security costs
Pension costs
146.076
7.515
3,266
138,590
6.184
4.945
No employee received in excess of £ 60,000 during the cu￿ent or preceding year.
The key management personnel of th¢ charity comprise the trustees, the chi¢f ¢xccvtiv¢, and thc health
and well-being co-ordinator. The total employee benefits of the key management personnel of the charity
were £86,870 (2024.. £83,800).
The average monthly number of employees during the year was as follows:
Direct project workers
Management and administration
Trustees Remuneration
Trustees recelved no remuneration and were reimbursed £nil (2024: £nil) for travel expenses during the
year.
Taxation
The charity considers its activities to be exempt from corporation tax by virtue of Section 466 of the
Corporation Taxes Act 2010.
16

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
Tangible Fixed A55ets
Furniture,
OITice &
rixtures &
general
rittings equipment
Buildings
Total
Cost
At l April 2024
Additions
Disposals
704,814
105,475
314
(6,112)
25,110 835,399
314
(760) (6,872)
At 31 March 2025
24 350 828 841
Depreciation
At l April 2024
Charge for th¢ year
Disposals
502,164
8,319
64,395
6,387
(6,112)
23,304 589,863
216 14.922
(760) (6,872)
At 31 March 2025
510483
22 760 597 913
Net Book Value
At 31 March 2025
At 31 March 2024
41
Debtors
2025
2024
Trade debtors
Other debtors
Prepayments & accrned income
4.396
958
6,136
14,700
7,083
io
Creditors: Amounts falling due within one year
2025
2024
Trade creditors
Other creditors
Accruals & deferred grant income
3,281
266
20,521
1,228
11,894
33,018
14
17

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
li
Unrestricted Funds
Transfers
betsveen
funds
At31
March
2025
At l April
2024
Income Expenditure
General Fund
PNC Fund
Designated Funds
NED Fund
Capital Fund
Redundancy Fund
Property Maintenance Fund
32,863
245,535
79.041
40.000
33,471
(14,368)
51,966
230,928
51,744
{14,607)
(27,297)
(40,000)
397 439
14
Total Unrestricted Funds
154851
Unrestricted Funds- movement in previous year
Transfers
between
funds
At31
March
2024
At l April
2023
Income Expenditure
General Fund
PNC Fund
Designated Funds
NED Fund
Capital Fund
Redundancy Fund
Property Maintenance Fund
123 879 •9J. C6LO)
44,000
(11,137}
(16,613)
(3,189)
32,863
245,535
79,041
40.000
262,148
49,500
32.730
40,000
Total Unrestricled Funds
42
495 860
Purposes of D¢signaled Funds
Capital Fund
This represents the net book value of tangible fixed assets. Transf¢rs
are in respect of Capital expenditure.
This represents funds received from North East Dementia Care in lieu
of premises costs incurr¢d by themselves that are paid for by the
charity.
This represents fi]nds held for the purposes of future property
mainlenance require to keep the property at an accepiable standard.
This represents ￿n0$ held for potential redundancies if the entity is
unable to continue operate.
NED Care
Property Maintenance Fund
Redundancy Fund
18

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
12
Restricted Fund5
At
l April
2024
Transfers
between
Funds
At31
March
2025
Income Expenditure
Revenue Funds
Family Support
Adult
22,904
125,767
(86,780)
61,891
Tolal Restricted Funds
Restrieted Funds- movement in previous year
Al
l April
2023
Transfcrs
belween
Funds
At31
March
2024
Income Expenditure
Revenue Funds
Family Support
Adult
29.993
115,497
(106,672) {15,914) 22.904
Total Restricted Funds
115497
14
Purposes of Restricted Funds
Family Support
This represents fuTJds received towards the costs of providing support
to families and parents in the community and work with those who
need confidence building and stress management.
19

Pennywell Neighbourhood Centre
Notes to the Unaudited Financial Statements
Year Ended 31 March 2025
13
Analys15 of Net Assets Beliveen Funds
Unrestricted Funds
General
Designated
R￿tricted
Funds
Total
Tangiblc fixed assets
Debtors & prepayments
Cash at bank
Creditors
230.928
5.475
99,830
(1,595)
230,928
11,490
68,242
274,252
(6.351} (24,068)
6.015
I06,180
(16.122)
Analysis of Net Assets Between Funds- prior year
Unrestricted Funds
General
Designated
Restricled
Funds
Tolal
Tangible fixed assets
Debtors & prepayments
Cash at bank
Creditors
245,536
245,536
21.783
50,042
297,585
(27,138) (46,140)
21,783
95,640
(19.002)
151,903
518764
14. Related Party Transaetions
No transactions with related parties were undertaken such as are required to be disclosed under the
Financial Reporting Standard 102,
15. Operating Lease Commitments
The total future minimum lease payments under non-cancellable operating leases are a5 follows:
2025
2024
Not later than l yeaT
Later than l year and not later than 5 years
More than 5 years
580
1,450
7,083
29,617
20