REGisfERED COMPANY F4UMBER: 02721597 (EnE]And and Wales)
REGISTERED CHARITY NUMBER: 1012204
PA.K
TATEMEwrs
FINANC.IAL.L_
FORIHEYE. AB Ely￿￿1 MARCIIIL124
Arn)strongs Bishop Simmons
Chart¢red Accountants and Siutulory Auditors
Gethin House
36 Bond Strcct
Nun¢alon
WaNickshir¢
CVII 4DA

CONTENTS OF THE FINANCIAL STATEMENT3
FOR THE YEAR E
-￿ED3] MARCH 2024
Reference *Dd AdmlnfistrAthi¢ Detal15
Trustees, Report
Report of the Independent Audltors
Ststeujent of Flnanclal Acdvttfies
8Raa¢¢ Sheet
Cash Flow Ststsment
io
Notes to tht Cash Flow StAtemént
Notrs to the FlnaneAAI Statem¢nts
12 to 19
Detailed Statement of FinAncJAI Activitie5
20

REFEREN
FO_R THE YEAR ENDED
TRUSTEES
G GT¢wcock Charity Worker
Ms M Moyle Le¢￿rer
P R TomliTtson Engineer
Ms E D Rowe Assistant
REGISTERED OFFICE
Unit 42 Cent¢nary BUSin￿S Centre
Hammond Closc
Attlcborough Fields Industrial Estat¢
Warwickshire
CVI 2 6RY
REGISTERED COMPANY
h'UMBER
02721597 (England and Wale5)
REGISTERED CHARrrY
NUMBER
101221M
AUDITORS
Arn]strongs Bisl)op Sinllnons
CharteT¢d Accountsnts attd Siututory Audilors
Gethin House
36 Bond Street
Nuoeaton
Warwickshire
CVII 4DA
BANKERS
National westminst￿ Bank Pl
13 Th¢ Borougb
Hinckl¢y
LEIO INW
Uoyds Bank PIC
17-23 Covellty Strect
N￿n￿lon
CVI15TD
BANKERS
Santander UK Pk
2 Triton Square
Regant's Place
NWI 3AN
Pag¢ I

TRUSTIES,. REPORT
The truskes present their anmial report and financial statements for the year ended 31 M4rch 2024.
The financial ￿oI¢M¢nts b8v¢ been prepared in ￿ordanCe with ihe accounting policies set out in note I to the finan¢ial
statements and comply with the charltable company's gov¢ming documenL th¢ Companies Act 2006 and "Accovnting
and Reporiing by Clwiiies.. Staiemenl of R¢cornrnended PTa¢ti¢e applicable to ¢hatitie5 preparing their 8Lwunls i
a¢COTdan¢e wÈth the Finallciaj Repurting StsmdaTd applicable in the UK and Republtc of Ireland (FRS 102).
OWEcrtVES AND ACTIVITIES
Objectives and aims
The charitable company's objective and its principa] activity to b¢nefit tlL¢ public conlinues to be that of providing a
quality service for Clients with learning difficulties. enabling them to fvlly integrale into the commuNty. The charitable
company also offers day-care services providing structured activities and outings forclients with learning difficulti￿.
The polictes adopted in fi￿er8D¢¢ of these objeaives ¢ontinu¢s to be Tenting suTlablc properties. fully equipping and
staffing tbern as appropriate to provid¢ don)iciliary scrvicc& Ther¢ bas EK¢n no chaa8¢ in these policies during tk year,
The nwin obj¢rtive continued to be maintsining and improvitig its good quality lev¢1 of seTviee to the chariiable
company's Clie￿8. To enable the charitsbk company to achieve this objectiv¢ all the employees aTe NVQ qualified.
The trust¢e5 have paid due Tegard to guidanee issued by the Charity Commission in deciding wbat activities the
Charl￿ble company should undertake.
STRATEGIC REPORT
Achieven)ent and performance
CbarlÉable ictivides
The tTristees consider that the perf0Trna￿e of the charitable company this year h&4 met the objectsves outlined abov¢,
The charitsblc ¢ompany has continued to maintsin its higb quality skndari] of care within a happy gnd safe environt)KnL
The tsusiees and managemeni are satisfied with the current yeavs financial and operalional perfornw¢a Th¢ chATitsble
COMpan￿S lotal unresiTi¢led Tescrvcs have inrr¢a%¢d froln £243,205 (2023) lo £354,410. Th¢re have b¢en nuMe￿uS
changes in the current y¢ar which includes d)anges in ￿sident lev¢ls and costs incurred on the reslructUTe of ihe
residential hou5in& as part of thc charitablc company's plans to improve operation&1 activities and finances. All th¢8¢
changes OT¢ to io ¢Lsure the longevity of the chaTitable company both financially and non-financially.
FFn#Mcl*l rtvlew
Futsrt devtlopments
The tustees and management anticipate a small sU￿lUS income over expenditUTe for the 2025 firjancial year similar t
the 2024 financial y¢ar providing fjjture reserves for financial stability for the foreseeable futurc.
Prlncipal fundlng sources
The WlDcipa] funding resource8 Teceived by the charitable company comprises of contract income Warwickshire
County Council and othey lo￿ H¢alth Authoriti¢s.
Investment policy
The chari18ble company only invests its available fund5 Ill iIIt¢Test4>earing deposit a￿oUn15 with the companys main
Reserves policy
Ii is the policy of the charitsble compgny that unrestricted f￿dS wbich have not been designated for a 4>eeific use
sh¢)uld b¢ maintained at ll level of £IOO,(rf)O io cover any future defi¢iis for two flnancial years. The In￿te¢S consider5
that reserves ai Ihis level will ensure thaL in th¢ ¢v¢nt of a S]￿lfiCant drop in funding.
Page 2

PA.IL
LllSTEES' REPORT
FQLTHE YEAR ENDED 31 MARCH 2QU
STIL4TEGIC REPORT
Finiycial review
Rlsk maThagenJent
The trustees have assessed the major risks to which the Ch￿itable company is exposed.
The t[￿￿te¢S and management are satisfied with the systems that are in pl￿ to mttigate exposu￿ to the non-financia]
STRUCTLIRt GOVERNANCE AND MANAGEMENT
Goyerning do¢ument
The ¢haritable company is a registered ch¥Tity and is w]stituted as a cornpany limited by guardnte¢ and is therefor¢
g0ven￿l by a m¢mordndum and articl¢s of association.
Direetor5 and Irustees
The trustees, who are also the directots ft)r the PUT￿Se of co]r4)any law, who served during the year were:
P R Tomlinson
M Moyle
G Grewcock
E D Hudso]J
AppolntmeDt of trnstees
All of the trustees are dirc¢tors of the charitable company. Detsils of the trustees can be fo]md above. The Board bas the
power to appoint additional hvslees if it Con81d￿ fit to do 50. None of th¢ tjustees bas any beneficial interest in the
company.
OrgAntsAtion
The chaTitable c(wany is orgaTsised 50 th81 the ttwst¢¢s meet rcgularly to manage its affairs. There is one administrator
and two llwagerial staff who managc the day to day thinistration of the Ch￿*table company. The rern8inin8 Staff are
employcd directly to G&try out the objectiv¢s of the charitable company.
Trnstee knduction and training
All new tDJstees are required to attend 8 serie5 of tn]st¢e meetitigs prior to being appointed. New trllst￿ ar¢ invited to a
social meeting to be introduced to the managets, the SaJiOT nmbers of staff and the residents. Th￿1¢¢$ are giv￿ written
and Verb￿ inforniation regarding the charitable company and the cont¢xt within which it opcrdtes. Lilthttwe reg8rth.ng
the tnNees' role and responsibilities obtained from the Charities Commission is also givcn to each new ttustee.
Related parlies
None of our tntslees (directors) receive reM￿eration or any other benefit from th¢ir WO￿ with the ¢haTity. Any
conneclion btheen a tnistee or senior manager of the charity mum b¢ disclosed to the ￿11 board of tswtees in
the same way as any otho cL)rttl￿7 relationship with a yelated prty. In the ¢urrent year no such related pgrty
transaclions were reported
TRUSTEES, RESPONSIBILITY STATEMENT
The trU￿¢¢S (who arc alsu the dir¢rtoTh of PA.K.S. for the puryN)ses of company law) ar¢ responsibl¢ for preparing ihe
Trustees, Rcport atsd the financial statem¢nts in accordance with applicBble law and United Kingdom A￿OUntIng
Stsndards (United Kingdom Generally ACce￿d Accounling Prnclice).
Page 3

PA.KS.
TRUSTEES, RE￿RT
FOR THE YEAR ENP.ED 3J MARCH 2024
TRUSTEL8' RESPONSIBILITY SfATEmE￿- totstlnued
Company law requiTes the tn￿te¢S to prepare financial statements for each fmancial year whith give a twe #nd fair vi
of the slate of affaiT5 of ihe charitable company and of lh¢ iDcoming resources and application of rth)￿￿, including
the income and expendibjre, of the ¥hariiabl¢ c<ympany for that period. In preparing those financial slatements, the
trust¢¢s are requircd to
select suitabl¢ a¢￿tIng policies and then oN)ly them consistently.
observe the methods and piinciples in the Charity SORP.
make judgements and estimates that are reasonable and prudent"
prepare the financial Stat￿1¢nts on the going concern basis unless it is inapprnpriate lo p￿SUMe that the cbaritable
company will continue in busine&8.
Th¢ ttustees are Tesponsible for keeping proper accounting records which disclose with reasonable accuracy al any tD])e
Ibe fil￿n¢la1 posilion of thc chaiitable cornpany and to enablc Ihcm to ensure that th¢ financial 5taiements ¢omply with
the Ci)mpanies Act 2006. They are a]so responsible for safeguarding Ihc a5scts of the charitable cowy and hcnce for
tskin8 reasonable steps for the prevention and detection of fraud and other irregularities.
DISCLOSURE OF INFORMATION TO AUDITORS
So far as the Itust¢es are aware. there is no relevath infomjation (as defined by Se¢tÉon 418 of the Companies Act 2006)
of which the chaTilY4ble compangs auditors ore unaM•re. and each truste¢ h&s tsken all the steps that they ought to have
tak￿ as a trustee in order to them awa￿ of any audii inforniation and to estsblish that the clwitable companys
auditorn aware of that inforniation.
AUDITORS
The auditors, Arn￿￿8s Bishop Simmons, will be proposed foT re-appointn)¢nt at the forthcoming Annual Gweral
Teport, incorporating a strategic r¢porL approved by order of the board of trnstees. as Ibe compBny directors,
4'1ola4....,...............
and 5ign¢d on the board5 beh￿rby.
P R Tomlinson- Tnlstee
Pag¢ 4

PO_RT OF_THE INDEPENDENI_' AUDJTORS TO THE TRusifES OF
Opittion
We have audited thc fynancial slalcmenls of P.A.K.S. (the 'charitable company? for the year ended 31 March 2024 which
comprise the Sial¢ment of Financial A¢livilies, Ihe Balance Sheet, the Cash Flow Statement and notes to the financial
stat¢ments. including a summary of sigmificant accounting policies. Thc financial reporting framework that has been
applied in their Preparation is applicable law and United Kingdom Accounting Standards Wniled Kingdom GcneTally
Ac¢¢pled Accounting Practice).
In our upinion the fina￿la1 statements:
give a true and fair vlew of ihe slale of the charitsble company'5 atrairs &$ at 31 March 2024 and of its incoming
resources and applicalion or1esourc￿. includin8 115 income and ¢7(penditure, for the yeaT then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted A￿0￿￿lIng Practice. and
have be¢n prepared in accordance with requirem¢nts of Ihc Companies Ad 2006.
Basis foT opinion
We conducted our audil in accordance Mpitb International Siandard5 on Auditing (UK) (ISAS (UK)} and appli¢able law.
Our responsibilities under th0￿ stsndards are further described in the AuditorJ' ¥esponsibililtes for the audit of the
financial 5tateinenls seclion L)f ow report. We are independenl of the charitable company in accordance with the ethical
requirements Ihal are relevant lo our audil uf Ihe financial ststemenis in the UK including the FRC'S Ethical Standard.
and we have fiJlfill¢d our other dhical responsibilities in accordance with these rwiT¢mentk We believe thai the audit
evidence we have obiained is sufficienl 4md appmpriate to provide a basis for OUT opinion.
CoDclusions relating to gothg eoncern
Ill auditing the financial ststemenrs, we have concluded that the trust¢es' use of the going concern basis of accounting in
the PTeparation of the financial statements is appropriate.
Based on the work w¢ bavc ￿f0m)ed. w¢ have not idcntified any m?terial uncertainties Telating to events or coNlitions
tha( individually or ¢ollcdively, may c8St Significant doubt on the chdritsble company's ability Io CODlinue a5 a going
¢oncern for a period of at least Iw¢lve months from whcn the financial statements auth￿]Sed ftir iss￿.
Our responsibilities and th¢ rcsponsibilities of the trustees with respect to going concern are desctyb¢d in the relevant
sections of this reporL
Other ADforrnatloD
The trustc¢s are r¢SponSi￿le for the other infomialion. The other infOrn￿tiOn comprises the infomiation included in the
Annual Report, other than the fi1￿icial statements and our Report of the Independent Auditors thereon.
Our opinion on th¢ financial Statements ￿(￿S not cover the other infornjation and, except to the exlenl oth¢TWiSC
explicitly staled in ow reporL we do not express any f￿rn of assutance conclusion thereon.
In connection with QUT a]￿lt of th¢ fjnaJcial ststements. our respoA8ibility is to read the other infomwtion 8n4L in doing
so. eonsider whether the other inforn)atiOD is mat￿i&llY inconsistent with the fmancial statements or our knowledge
obiaincd in Ibe audit or oibenvise appedrs to bc m8terially misstated. If we identify such matai81 inconsistencies or
apparent materia] missts)ten]ents. we are ￿￿1[¢d lo detern)ine whether this gives rise to a materfftal misstatrment in the
finon¢ial statcmenls thems¢1v￿. If, based on the work we hav¢ I￿rf0m]e￿, we conclude thai there 18 a material
misstatement of ihis other inforniation. we are required to report that fact. Wc have nothin8 to report in this regmrii.
MAtters om Mhich wt are required to report by exL%ption
We have nothing lo rqkn in respe¢t of the following ￿￿tte[s where the Charities (Accounts and Reports) R¢gulations
21N)8 requires us to report to you if. in our opinion:
the iDfomthtion given in the ttustees Report is inconsistent in any material resjkci with the financial statements; or
the charitable company has not kept adequate acccrtmting re¢ords' or
the fi]wi¢ial slat¢m¢nts are not in agreement with ih¢ a¢wunting records and retwns. or
have noi received all the infomjation aDd explanations we requir¢ for our audit.
Page 5

REPORT OF THE INDEPETrIDENT AUDITORS TO THE TRUSTEES OF
Responsfib5lldes of trustees
A5 explained more ￿]lY in th¢ Tr￿steeS, Responsibilities StaternenL the Irust¢¢s (who are a180 the directors of the
haritable company for the pw)oses of company law) are responsible for Ibe pr¢parntion of the financia] statements and
for being satisfied that th¢y give a truc and fair view. and for such internal control &8 the Iruslees determine is necessary
to enable the PT¢paralion of financial statements that are free from m8teTial mi551at¢menl, whether due to fraud or error.
In prq)aring the fthanrial stateTnent4 tbc are responsible foT assessing the charitable cornpany% ability to
Continue as a going concern, disclosings as applicable. matters related to going concern and using thc going con¢¢m
basis of accounling Unl￿ the trustees either intend to liquidate the chaTitable company or to cease operations. or have
no realisti¢ altemative but to do 80.
Our rtsponslbilities for the *wdit of the finantiAI statements
We have been aJwin*d as audilors under Section 144 ofihe Charities Act 2011 and report in arKordance with the Aet
and rel¢vanl regulations made or having effect theTeundet.
Our objectivcs arc to thtain rcasonable assurgnc¢ about whethcr thc finaT]cial statements as a whole ar¢ free from
m&terial misstatement, whether due to fraud or error, and to issue a Rq￿rt of th¢ Independent Auditors thal include8 oilr
opinion. Reasonable assurance 18 a high level of assufdnce. but is not a guarantee that an audii conth]ct¢d in accordance
with ISAS (UK) will a]ways detect É matwial missta¢¢m¢nt when it exists. Misstalem¢nts ¢an arise from fra￿1 or enY)r
and are considered MA1￿7￿1 if, individually OT in the aggregdle, they could reasonably be expected to intluence the
¢conomic decisions of users tsken on the basis of these finanoi81 ststements.
The exteni to which our proc¢durcs are Capable ofdetecling 1wlat1ti￿ iwludin¥ frdud 15 d¢tsilcd bdow:
Based on our understanding of the Compony and industy, we identified that the principal risks of non-complian¢¢ with
laws and regulations related to the indtlstry, and we considered the extent to which non-compliance mighi have a
maierial etTe¢t on Ihe fmancial statements. We 8bo ¢onSid￿l those laws and regulations that hav¢ a direct impacl on
the fmoncial ststernents such as the Compantes A¢t 2006. We evaluated management's incen*ives and opportunili¢s for
fraudulent manipulation of the financial statements (inCI￿]Ing the risk of oveTTide of controls) and deterniined thal the
princwal Tisks were related to Po￿1ng wiusual journal entTi&q to increase revenue and profiis or the manipulation of
a¢couiiling e&tirnates which could be subj￿¢ to managemenl bid¥. Audit PTULcdurcs pcrfonned by the cngagcmcnl t¢8m
included..
-Reviewing final￿]81 statements disclosures and testing to supporting documentation to assess complianc¢ wilh
applicable laws and T¢gulations,'
-Perforniing audit wot* over the risk of managemeDI ovetride of controls, including testing of journal entries and other
djustillenls for &pproprialene4 evaluating the business rdtionale of signifi¢ant transactions outside the norn￿1 course of
business and reviemyng accounting estimates for bias"
-Perforn]ing audit work over the iisk of undwslalemeDt of turnovrr including obiaining ¢om)boraled cxplanations from
managem¢nt.
- Reviewing minul¢s of the mcctings of thos¢ ¢h8rgcd with govcrnan¢c.
There are inhererLI limitalions in Ihe audil procethwes dcscribed above. We are less likely lo become aware of inslances
of non-compliwKe with laws and regulation$ that are not closely related to events and transactions reflected in the
financial statements. Also. the risk of not dete¢ling a matwial misstalemenl due lo fraud is higher Ihan the risk of nol
detecting one Tesuliing from error. as fwd may involve delibeTa* concealment by. for example, forgery or int¢ntionaI
misrwresen1alj0￿ OT thrvugh wllusion.
A further descriptiim of our rwibilili¢s for lh¢ audil of th¢ finaDcial slatcmcnts is located on the Financial Rq)orting
Council's website al www.fr¢.oTg.ukI&uditorsresponsi￿1Iltie$. This description forn)s part of our Report of the
Jnd¢p¢nd¢nt Audilots.
Pw6

REPORT IIF THE INDEPENDENf AUDIT￿0 TO THE.TRUSTEES OF
P.￿Ls.
U¥e of our report
Thi$ report is made solely to the ch￿lIable companys Injslees. a5 a bod
, in a¢cordan¢e wtth Part 4 of the ch￿ltieS
(A¢¢ounts ay)d Reporls) R¢gulations 2008. Our audit work has becn
rtsken so that wc rnighi slale to the charitable
companys trustees those matters we are requi
le lo the
audiloTS' report and for no other pu4)ose. To the
Il&%t cxtcnt pern)itted by law, we do
me Tes
"bilit to anyone otheT than the chariiable comparty
and the chari
's In￿le¢S a
s report, OT for the opinions we have fomied.
a body. f
Arn￿trongs
op Simmons
Chartere
ccountsnls and Ststytory Auditors
Eligible to 8¢t as an auditor in tcmls of Section 1212 of the Compani¢s Act 2006
Gethin Hou5¢
36 Bond Street
Nuneaton
Warwickshire
CVII 4DA
D41e.'
Page 7

.Ks.
STATEMENT.QF. FINANCIAL AC_TIVITIES
FOR THE y￿￿ B EIYDED 31 MARCH 2024
2024
Totsl
2023
Totsl
UnrestrAthed
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and l¢gacies
J5.579
J5.579
Charltsbk acthddes
Resid¢nti*l care & supry)rt service5
1,252,811
1252,811
1,088,450
Inveslment income
7,055
7.055
2,615
Total
1,275,445
1.275.445
1,091,065
EXPENDITURE ON
Chlritable actlvities
Residential caTe & SUPPOTI seTvice
1,164240
1.164,240
1,070.711
Tr4ET Th'COME
IJI205
111,205
20,354
RECONCILIATION OF FUNDS
Totsl fimds brought fornvard
243205
243,205
222.851
354,410
354,410
243,205
The notes forni p&rt of these financial ststements
Pa8¢ 8

PA.K&
BALANCE SIIEE_T
31 MARCH 2
2024
2023
Notes
FIXED ASSETS
Tangible assets
12
31,622
34,627
CURRENT ASSETS
Debtors
C8sh at bank and in hand
13
197,846
J55,375
105,846
133.098
353.221
238,944
CREDITORS
Amounts f811ing due within one year
14
(30,433)
(30.366)
NET CURRENT ASSETS
322,788
208,578
TOTAL ASSETS LESS CURRENT
LIABILITIES
354.410
243205
NET ASSETS
354.410
243,205
FUNDS
Unrestricted ￿ndS
17
354,410
243205
TOTAL FUNDS
354,410
243.205
The chaTitable con¥any is entiiled to exemption from audit under Section 4T1 of the CA)mpanies Act 2006 for the year
ended 31 March 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiriJ)g An audit of th￿e
financihl ststcments.
Thc trustees a¢knowledg¢ their r¢sponsibilities for
(a)
ensuring that the charitsble ¢ompaDy keeps accounting r¢cords that wmply with Sections 386 and 387 of the
Companies Act 2006 and
preparing fllWleAal statements which give g true and fair view of the state of affairs of the Charitable company as
at ihe end of each financial year and of its surplus or deficit for each fiJwi¢ial year in accordance with the
requirements of Sections 394 and 395 and which otherwise ¢omply with the r¢quiT¢ments of thc Compantcs Art
2006 relating to fmancial statem¢nty so far as applithle to the chatitsbl¢ company.
(b)
These fiJ)arKial statcmenls hav¢ been audit¢d undcr the requirements of Section 145 of the Charities Act 2011.
The fi
9ncial stht¢m¢nts were approved by the BoaTd of Tn￿teeS attd authori5ed for issue
i oJ.1.4............ aDd w￿e signed on its behalf by:
on
P R TomliThson- Trustee
The notes forni part of ihe&¢ financi41 stal¢n)¢nts
Page 9

£&SH_ FIA)W STATEMENT
FOR THE YEAR ENDED
2024
2023
Notes
C&8h Ilows from operathig activities
Cath generdted from operations
21.222
{43,976)
Nd provTded by/(used in) opuating activities
21222
(43,976)
Cash flows from investing i¢ththdes
Purchase of tsngible fixed assets
Interest received
(6,000)
7,055
(3,270)
2.615
Ncl cash provided byl(used in) invc51ing activities
1.055
(65S)
Change in cash and tash equlvAlents ID
the reporting perlod
Cash and cgsh equivalents xt the
beginning of the repDrtlng period
22277
(44,631)
133,098
177,729
Casb and usb equlvalents at tbe Md of
the reporting perlod
155.375
133.098
The notes forni part of these finantial slatements
Page 10

Q.TES TO THE CASH FLOW￿IATEmENT
AR EN.DED 3J._MARCH_ 2924
FOR THE YL. . .
RECOTrICILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING A￿1VITIEs
2024
2023
Net In¢ome for tht reporting period {98 per the Stsi¢ment of FknanciAI
Activities)
Adjustrntnts for..
Deprecialion charg¢s
Loss on disposal of fixed assets
Interest received
Increasc in debt￿
IncTeaseJ(decrease) in cr￿ltO[S
111203
20,354
7,636
,369
(7,055)
(92.000)
67
7,539
1,812
(2,615)
(10,542)
(60,524)
Net cAsh provlded byl(used in) operat5ons
21.222
(43,976)
AN ALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
F4et c
Cash at bank and in h8nd
133,098
22,277
155,375
133,098
21277
155J75
Total
133,098
22277
155.375
The note5 fonn pan vf these financial statements
Pagell

P.AJLS.
NOTEfiyO THE FIY4
CJAL
TATE
THE YEAR ENDED 31 MARCH 202
AccouNfiNG POLICIES
Basis of prepArlD£ the Ilnallclal st*tememts
PAKS Tn￿t IS 8 private company limiled by guaTant¢e incoryordted in England / Wales . In the event of the
charity being wound up, the liability in resp¢¢t of the guar￿1¢£ is limited to £1 ptr member of the charity. The
address of the registered offic¢ is give￿ in thc charity infomMtion on page l of these financial statements.
nature of the chaTitys operdtions and principal activities to PTovide a quality s￿¢¢ for clicnts with learning
difficvlties. ¢nabling th¢m lo fully inte8ratr into the Community. Thc chaTity also off¢rs day-car¢ 5avices,
providing S1￿CtUred activities and outings for cli¢nts with kttrning diffiwlti¢s.
The charity constitutes a publi¢ benefit cntity as defined by FRS 102. Th¢ financial statem¢nts have been
prepared in accoTdan¢e with Accounting and Reporting by ChaTities: Staten)¢ttt of Recommended Practice
applicable to chariti¢s preparing their accounls in accordance with the Financial Reporting Standard applicable
in the UK and Rwublic of Irclalld issued in October 2019. the FiDawial Rq)orting Standard applicable in the
UDiled KingdoTn and Rcpublic of Ireland (FRS 102), the Chariti¢s Acl 2011, the C4)mpanies Art 2006 and UK
Genernlly Accepted Accounting Practicc.
The financial statemenis are prepaTed on a going concern basis under the historicaI ¢ost ¢onvention, modified to
include certain it¢ms at fair value. The fmancial statemcnts are presented in Sterling which is the fim¢tional
currency of the ch￿lty and round¢d to the nearest £.
Thc significant aw)unliDg policic5 appli¢d in the preparation of these finan¢ial s¢atemeNs are sel out below.
Thcsc policics have been ¢onsistently applied lo all ycars prcs¢nled unl¢ss otherwise ststed.
Income
All incomin8 resources 8re in¢hKled in the Statement of Financial Aciivities (SOFA) vthen the chaTity is lega]ly
entitled to the income after any t*rfornw]ce conditions have been meL the amount can be measured re]iably and
it is probable that th¢ income will be received.
For donations ￿ bc rccOgni￿d the clwity wJll have been nolified of the amounts and the settlement date in
writin8. If there are conditions attached to th¢ donation and tbis requires a level of perf0m￿xce before
e￿ilIernent cgn be obt2ined Ihen iti¢ome is deferred until those conditions are fvlly met or the fulfilment of those
conditions is within the control of the clwity and it is probablc that they will ￿ fvlfilled.
Investment incom¢ received is in relation to bank interest received. Interest income ts r¢co8nised using tbe
effedive inteT¢St rnetho
Expenditurc
Liabilitic5 ar¢ rcwgnised a5 expenditure as ¥oon as there is a legal or cOnStr￿tive obligation committing the
chaTity to that txpenditure. it is probable that a transfer of economic b¢nefils will be required in sclllement and
the 8mouni of the obligation ¢an be me¥ured rcliably. Expenditure is accounted for on accruals basis and has
been classified under headings that aggTegate all cost related lo the category. Where costs cannot be directly
attributed to particular heading& they have been •ll￿ated to activities on a basi$ ¢onsisl¢nt with the use of
Tangible fixed assets
Tangibl¢ fixed &8sels ar¢ stated al CO￿ (or deemed co8t) or valuation less accumulated d¢preciation and
aceurnulated impairn)ent losses. Cost includes costs direthly altsibutsble to making the asset capable of
operating as inlended.
Deprecialion is PTovided on all tsngible fJx¢d assets, at rates calcula*d to wrile oif the c05t. less estimated
residual value, of each asset on a systematic basis over its expected usem life as follows:
Leas¢hold improvements
rixtures and fittings
Motor VehicleA
4/0 on cosi
2511/0 on Thlu¢in¥ balance
25Yo on reducing balance
Page12
¢onlinued..

.Ks.
NOTES TO THE FINANCIAL YfATKMENT￿￿￿l1￿llQ4
FOR THE YEAlLE￿￿ED 31 MARCH 2024
ACCOUIYTKNG POLICIES- ¢ontlnued
Tasation
The Ch￿1￿ is an ¢x¢rnpt charity within the meaning of schedule 3 of th¢ Charities Aci 2011 and is consMleTed to
PASS th¢ tests set iyut in PaTOgraph I Schedule 6 Fin￿)¢¢ A¢t 2010 and therefore it mccls the d¢finilii)n uf
charitable company for UK corporation tax PU￿0$¢6.
Fund aecounting
Unrestiicted funds are available for u5¢ at ihe discretion of the IT￿$(eeS in fiJrther8nce of the genetal objecliv¢s of
the chaiity and which have noi been designat¢d for othcT purposes.
Restricted fi￿dS aTe funds which are to be used in accordance with specific restrictions imposed by donors OT
which have been rnis¢d by the ¢harity for partlcular pujposes. The co81 of raising at)d administerin8 such funds
are chorged against the specific fund. The aim and use of eoch ￿sITI¢l￿ fi￿d ys set oul in the notes to the
financial staternents.
Pensk•n ¢ost$ and other post-tttlrement benefits
The thaTitable company operdt¢5 a defined contribution pension scheme. ContributioDS payable to the charitable
companys pension stheme are ¢hargcd w the Statement of FiDhtici81 A¢tivities in the wiod to which they relate.
DOLYATIONS AND LEGACIES
2024
2023
Donations
15,579
INVESTMENT INCOME
2024
2023
DeFKJSit account int¢Te8t
7,055
2,615
INCOME FROM CHA￿ABLE AcfiviTIES
2024
2023
Activity
Residcntial carc & suppx)rt smiiccs
Fee5 receivable
1252,811
.088,450
CIIARITABLE A￿1VITI￿s COSTS
Direct
Costs (see
note 6)
Support
costs (see
note 7)
Totalb.
Residential c￿¢ & support s¢rvi¢es
1,156,631
7,609
1,164,240
Page 13
continued...

P.A.
NOTES
-￿.THE FINANCJAL STATEMENTS- contlnued
FOR
YEAR ENDED 31 MARCH 2L
DIRE￿ COSTS OF CILIRITABLE AcfIviTIES
2024
2023
Staff cosls
Rates and water
InsuranLe
Light and heat
Telephone
Postage and stationery
Repairs and maintenance
Food and sundry residence costs
Molorand trnvelling expenses
Rental of equipment
Pmfesyional fees and subscriptions
Equipmeni lic¢n¢¢s
Bank charge8
Aecountancy fees
D¢preci8tion
848.106
91,435
J3,983
10.786
12,585
2,812
67,018
36.968
1,936
13,993
42,683
3.227
253
3210
7,636
818,105
89546
13,239
15.415
13.033
2,286
29.385
40,363
3.704
14,736
10,821
3,035
192
1,500
7,539
1,156,631
1,062,899
SUPPORT COSTS
Fintsnc¢
osts
Totals
Residential care & support ￿]¢¢6
1,369
6.240
7,609
Support c4st4 includ¢d in the above. are as fouows:
2024
R¢sidential
2023
Total
activiti¢s
Loss on sale of I￿g[ble fixed assets
Auditors, remunerdtion
1,369
6.240
1.812
7.609
7.812
NET INCOMEI(EXPENDITi)RE)
N¢t incom01(￿pend1tuTe) is stated &fter chargingl(crediting):
2024
2023
Auditors, r¢mimer&tion
D¢precialion- owned assets
Deficit on disposal of fixed assets
6,240
7,636
,369
6.000
7,540
1,812
Page 14
continued...

PA.
NOTES TO THE FJYANCIAI. STA TEMENJL- COJ￿n.Ued
FOR TH
NDED_31 MARCII 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no tru$l¢es' remurfteration or other beJ)efi¢s for the year ended 31 March 2024 nor for the y¢aT ended
31 March 2023.
Trn5tees' expeDSe$
There were no trustee5' expenses paid for the year ¢Thled 31 March 2024 nor for the year ended 31 March 2023.
io.
STAFF COSTS
2024
2023
Was¢s and salaries
Social secur£ty costs
Other p¢nsion costs
785.1)01
47.019
16.086
773,006
28.991
16.108
848.106
818.105
The av¢rdge Monthly number of ¢nwloyees during the yeor was as follow$:
2024
26
2023
27
Dir¢¢t chaTitable work
Office aNI managerial wolk
31
32
No employees received emolumcnts in ex¢e68 of £60,000.
COMPAIi4TJVL8 FOR THE STATEMEKT OF ￿NANCIAL ACTIVITIES
Unrestricled
fund
Restricted
fund
Totsl
II¥COME AND ENDOWMENTS FROM
Ch8Yit#ble aetlvfitles
Resideniial c8re & support scrvires
1,088.450
1.088,450
knvcstment income
2,615
2,615
Totsj
1,091,065
1.091.065
EXPENDITURE ON
CharltAble *¢tivltl
R￿iden11a] care & support s￿VIceS
1,070,711
1.070.711
NET INCOME
20,354
5.012
20.354
Tr￿￿TerS between fuDds
(5.012)
Net movtment In fvnds
25.366
(5,012)
20.354
RECONC]LIATION OF FUNDS
Tvtaj funds broughi forward
217,839
5.012
222,851
Page 15
continued..

￿￿E$.T￿THE FINANCIAL STATEMENTL. continu
EQE.THE YEAR ENDED.31 MARCH 2024
ii.
COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVI￿ES- contlnued
UnTestrict¢d
Restrict¢d
fund
fund
Totsl
fun&%
TOTAL FUNDS CARRIED FORWARD
243,205
243205
12.
TANGIBLE FIXED ASSETS
Fixturcs
Leasehold
improvements
Motor
vehicks
fittitigs
Totals
COST
At l April 2023
Additions
Disposals
41.244
96J32
0.290
6.(KiO
143,866
(10,765)
(10,765)
At 3] March 2024
41,244
85,567
12290
139,101
DEPRECIATION
Ai l April 2023
Charge fw year
Eliminated on disposal
24.750
.650
81.316
3,707
(9J96)
3.173
2.279
109239
7.636
{9,396)
At 31 March 2024
26,400
75,627
5.452
107,479
NET BOOK VALUE
Al 31 March 2024
14,844
9.940
6,838
31,622
Al 31 ma￿ 2023
16.494
15,016
3.117
34,627
13.
DEBTORS
2024
2023
Amounts falling du¢ within one year.
Trade debtOT6
Other debto
PTepaym¢nts
175,913
5,551
13J67
80.559
6,892
18.395
194.831
105,846
Amounts falling due after more than one year.
Other debtors
3,015
Agwgat¢ amounts
197,846
105,846
Page 16
continued...

NOTES TO THE FINAN_C_IA_L STATEMENTS- eonlSnuod
EQB. IHE YUR ENDED 31 MA_RCH 2024
14.
CREDITORS: AMOUTh FALLING DUE WITHIN ONE YEAR
2024
2023
Trade credito
s￿la] security and other taxes
Pension account
13,981
9.609
6,1143
20,703
4,045
5,618
30,433
30,366
15.
LEASING AGREEMENTS
Mtnimum lease payments under non-can¢ellable op¢rnting l¢&se8 fall as follows:
2024
2023
WithiD one year
Between one and five years
45,995
68.991
38.495
78.656
114,986
117.151
16.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Tota]
funds
2023
Total
Unrestncted
Re5ttiGtrd
nd
Fixed assets
Current ttssds
Cwrenl liabilities
31,622
353,221
{30,433)
31,622
353,221
(30,433)
34,627
238,944
(30,366)
354.410
354.41
243205
17. MOVEM￿ IN FUNDS
N¢t
movement
in fiuMIs
At
31.324
At 1.423
Unrestrleted fundi
General ￿nd
243205
111,205
354.410
TOTAL FUNDS
243,205
111.205
354.410
Net nY)vement irt funds, tncluded in th¢ above are as follows..
Incoming
re$Durces
Resowces
ex￿nded
Movement
in funds
Unrestrlcted funds
General fimd
1,275,445
(1,164,240>
111.205
TOTAL FUNDS
1275,445
(1.164.240)
111205
Page 17
continued...

Y40TES.TO_THE FINANCIALIATEMENTS- rontlnu¢d
.THE YÉAR ENDED 31 MARC
2024
MOVEMEiYf IN FUNDS- continued
17.
Comparxtives for movement in ￿ndS
Net
movement
tn fill￿s
Trdn$f¢rs
between
At
31.323
At 1.4.22
Unrestricted funda
General fimd
217,839
20,354
5,012
243205
Restricted funds
Gene￿ fimd
5,012
(5,012}
TOTAL FUNDS
222,851
20354
243205
Compardtive movement in funds, included in the above are as follows:
Incomi
resources
Resourtt5
eXp￿ded
Movement
in funds
Unrntrlet¢d fuDd$
Gen¢Thl fimd
1,091.065
(1,070.711)
20J54
TOTAL FUNDS
1,091,065
{1,070.711)
20,354
A CUTrent year12 months and Prior year12 months combined positiijn is as follows..
Net
movwnenl
in fimds
Transfers
between
fiwds
At
31.3.24
Ai 1.4.22
Unrestrltted fllndy
GeneTrl fimd
217.839
131,559
5,012
354,410
Restrirted lunds
General fund
5,012
(5.OJ2)
TOTAL FUNDS
222,851
131.559
354,410
A currenl year 12 months and prior year 12 month& combined net D￿Vement in funds, included in the above are
as follows:
Incoming
Resources
expended
Movement
in funds
UDrestricted funds
Genernl fvnd
2,366.510
(2,234,951)
131,559
TOTAL FUNDS
2.366.510
(2,234,951)
131.559
Page 18
continued...

PA
NOI'ES TO THE. FD¥
IAL STAT.EMENTS- continu&d
FOR THE.YEAR ENDED 3J MAR£U2QU
18.
RELATED PARTY DISCLOSURES
There wer¢ no related paTty transactions for the yellr ended 31 March 2024.
Page 19

A.KS.
D_ETA_ILED STATEMENT OF FIN
. ￿NC.JAL ACllV.I.TIJE
E￿R THE YEA_R ENDED_3_1 MA.RCH 2024
2024
2023
INCOME AND ENDOWMEIYTS
Dona¢Sons and legacles
Donations
15,579
Investlnent incA>me
D¢posit account interest
7,L155
2,615
Charitabk aCtI￿leS
Fees reccivablc
.252,811
1.088.450
Total Intoming resourtes
1,275.445
1.091.065
EXPENDtTURE
Charlt4ble aed￿deS
Wageb and agen￿ staff
Social s¢curity
P¢nsions
Ratss and wat¢r
Insurnncc
Light and heal
Telephone
Postage and staiionery
Repairs dnd mainlenance
Food and sundry Tesid¢n¢e costs
Motor and trdvelling expenses
Renlal of equipment
Professional fees and subsoiptions
Equipme7]t licences
Bank charges
A¢¢ountancy fees
I)ep￿clatT0￿ of tsngible fixed ￿ets
785.001
47.019
16,086
91,435
13.983
10,786
12,585
2,812
67.018
36,968
1,936
13,993
42.683
3,227
253
3,210
7,636
773.006
28,991
16,108
89.546
13239
15,415
13.033
2,286
29J85
40.363
3.704
14.736
IlJ.821
3,035
192
,500
7,539
1.156.631
1,062.899
Support costs
Flnanee
Loss on ￿Te of tangible fued assets
l J69
1,812
GoveTnaDC¢ costs
AudiloTS' Temuneration
6.240
6.000
Totsl resources expende
1.164,240
1,070,711
Incon)e
111.205
20,354
This page does noi fonn part of ihe sta￿tOry financial slatemenls
Page 20