## **TRUSTEES ANNUAL REPORT April 1[st ] 2023 – 31st March 2024**
1. Full Title of Charity:- THE POWERPACK TRUST
2. The Trust is established under the TRUST DEED.
3. The registration number of the Charity with the Charity Commission is No. 1050323
4. The Trust is administered by a BODY OF FIVE TRUSTEES.
5. Trustees who have acted at any time during the course of the year to 31st March 2024 are as follows:-
K. Causebrook / P. Herridge / E. Brackley / K. Cunningham / S. Cunningham Trustees are appointed when necessary and are given sufficient training upon appointments.
6. Risk Management The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## 7. Public Benefit
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
8. The address of the charity is as follows:1, Walpole House 2, Pickford Street, Aldershot HANTS GU11 1TZ
## 9. Bankers:Lloyds Bank (Bognor Regis)
10. Independent examiner:Mrs L.C Grant FCCA MAAT The Kilns, Lynwick Street, Rudgwick, Horsham. RH12 3DG
## 11. Trust Activity
This year has seen some changes in the charity’s activity. In past years, as well as being involved in training and consultancy for churches and children’s leaders, Powerpack has been invited to lead the children’s ministry for very large family camps and this has been a significant part of the charity’s activity in this country and to a lesser extent, overseas. However, involvement in Spring Harvest in April ’24 may well be the last such event in the foreseeable future. There were various reasons for this; a lower demand for the service since covid, changes in availability and rising costs of organizing such events.
However the amount of consultancy and training has continued to grow with more churches wanting help and advice in running their children’s ministry. Once again our conference in March was very well received with above 80 delegates from various parts of the UK. Powerpack Ministries were also represented in Eastbourne at the Hand In Hand Children’s Leaders annual
conference and were involved in offering training. Return visits for ongoing consultancy and for further training events were made to Argentina and America and also to Norway.
Financially, the total income for the year was £34,920 and the total expenditure was £41,343 so overall there was a loss of £6,423. The reason for this is the continued drop in income through the sale of resources both online and from exhibitions and events. However, the trustees feel that, given the healthy state of the Trust, and the continuing needs of children with the training and resourcing of children’s leaders, it is well placed to fulfil its objectives in the coming year.
Signed ..................................... (Trustee) Emma Brackley Date ……30/01/25…………………
Independent Examinerfs Report to the Trnstees of The Powerpack Trust
I report to the Trustees on my examinatlon of the accounts for the year ended 31st March 2024.
Respective responslbllltles of Trustees and Independent Examlner
The Trustees are responslble for preparlng the accounts. The charlS Trustees consider that an audit
is not required for this period under section 144 of the Charities Act 2011 (the Charitie5 Act) and that an
independent examination is needed. The charitys gross income did not exceed £250,0(Xl and l am
qualified to undertake the examination by being a qualified member of The soSc13t10n of Chartered
Certified Accountants.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act 2011.
follow the procedures laid down in general directions given by the Charity Commission
(under section 145(5)(b) of the Charities A¢ and
state whether particular matters have come to my attention.
Basls of Independent Examlnerfs Report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting record5 kept by the charity and a
comparison of the accounts presented with those records. It also indudes consideration of any
unusual items or disclosures in the accounts and seeking explanatlons from the Trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
In an audit, and consequently no opinion is given as to whether the accounts present a -true and falr
VIev and the report is limited to those matters set out in the statement below.
I have completed my examination. I confimr that no material matters have come to my attention in
connection with the examination giving me cause to believe that, in any material respect:
accountsng records were not kept in accordance with section 130 of the Charities Act,
the accounts do not accord with such records.
I have no concerns and have come across no other matters in connection with the examination to which
attention >hould be drawn in this report in order to enable a proper understanding of the accounts to
be reached.
Dated..
291OV2025
Slgned:
L C. Grant FCCA MAAT
The Kilns, Lynwick Street. Rud8wick. Horsham RH12 3DG
## **The Powerpack Trust**
## **Statement of Financial Activities for the Year Ended 31st March 2024**
|**Note**
**Incoming Resources**
Charitable donations
Books, tapes and merchandise
Course advisors
Sundries
**Total Incoming resources**
**Resources Expended**
**Direct Charitable Expenditure**
Course advisors and conference fees
**Governance Costs**
Books, tapes and merchandise
Gifts
Management and administration
6
**Total Resources expended**
**Net Incoming/Outgoing Resources for the year**
Grants received|**Unrestricted**
**funds**
**Restricted**
**Funds**
**Total Funds**
825
18980
19805
14901
14901
214
214
0
0
**15940**
**18980**
**34920**
467
1672
2138
467
1672
2138
3206
0
3206
5924
1587
7511
17369
11118
28488
26499
12705
39204
**26966**
**14376**
**41343**
**-11027**
**4604**
**-6423**
**Year to 2024**|**Year to 2023**
**Total Funds**
22959
16923
249
40
0|
|---|---|---|
|||**40171**|
|||4161|
|||4161
2326
8015
26428|
|||36769|
|||**40930**|
||||
|||**-759**|
## **The Powerpack Trust**
## **Balance Sheet as at 31st March 2024**
|||**31st March 2024**|**31st March 2024**|**31st March 2023**|**31st March 2023**|
|---|---|---|---|---|---|
||**Note**|**£**|**£**|**£**|**£**|
|**Non Current Assets**|2||3762||3379|
|**Current Assets**||||||
|Debtors and Prepayments|3|240||240||
|Inventories|4|3084||5402||
|Cash at Bank and in Hand||71969|75292|76883|82525|
|**Less: Current Liabilities**||||||
|Accruals|5|0|0|0|0|
|**Net Current Assets**|||**75292**||**82525**|
|**Total Assets less Total Liabilities**|||**79054**||**85904**|
|**Represented by:**|||14140|||
|**Unrestricted Funds**||||||
|Balance as at 1st April|||71337||72096|
|Add surplus / deduct deficit for the year|||-6423||-759|
|**Balance as at 31st March**|||**64914**||**71337**|
We, as Trustees, have examined these accounts and approved them:
Signed: (1) (2) rs." Date 30/01/2025
E. Brackley
P. Herridge
## **The Powerpack Trust**
## **Notes to the Accounts for the Year Ended 31st March 2024**
## 1 **Accounting Policies**
**Basis of preparation of accounts** The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP 2005), with current Accounting Standards and with the Charities Act. There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. No changes have been made to accounts for previous years. The accounts have been prepared on a "going concern" basis. Reserves are a minimum of £10,000.
## **Funds**
The charity maintains a general unrestricted fund which may be expended at the discretion of the trustees to further the charity’s objects. Restricted funds represent incoming resources and resources expended on specific projects within the charity where the donor has specified the purpose for which the funds may be used.
## **Inventories**
Inventories are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Resources Expended**
These are included on an accruals basis. There are no trustees’ remuneration or expenses. Resources expended are only for direct charitable expenses and governance.
## **Taxation**
As a result of the allowances available to charities, there is no liability to taxation.
## **Depreciation**
Depreciation is calculated to write off the assets over its useful life as follows:
|Motor cars|25% reducing balance|
|---|---|
|Equipment|20% straight line|
|Furniture and fittings|10% straight line|
- 2 **Fixed Assets**
|Net Book Value as at**_31st March 2023_**
Cost at**_31st March 2023_**
Additions / disposals through the year
Depreciation at**_31st March 2023_**
Charge for the year
Depreciation at**_31st March 2024_**
Cost at**_31st March 2024_**|2600
32825
35986
1448
1448
561
**Total (£)**
**Fixtures &**
**Fittings (£)**
**Equipment (£)**
**Motor Car**
**(£)**|
|---|---|
||2600
34273
37434
561|
||2600
29446
32607
1065
1065
561|
||2600
30511
33672
561|
||0
3379
3379
0|
|**Net Book Value as at****_31st March 2024_**|**0**
**3762**
**3762**
**0**|
|3
Prepayments
Deposit
**Debtors and Prepayments**|0
0
**£**
**31st March 2024**
**31st March 2023**
**£**
240
240
240
240|
|---|---|
|4
5
6
Books, tapes and merchandise
**Management and Administration**
Exhibitions & Advertising
Premises Costs
**Accruals**
Accruals
**Inventories**
**Total**
Bank Charges
Depreciation
Printing, Postage, Stationery & Repairs
Professional Fees
Travel Costs|**Restricted**
**Unrestricted**
90
1065
1450
11118
8233
847
661
5025
**2024 (£)**
0
3084|5402|
|---|---|---|
|||0|
|||**Total**
**2023 (£)**
85
895
789
18037
659
385
5578
**Total**
**90**
**1065**
**1450**
**19351**
**847**
**661**
**5025**|
||11118
17369|26428
**28488**|
Independent Examinerfs Report to the Trnstees of The Powerpack Trust
I report to the Trustees on my examinatlon of the accounts for the year ended 31st March 2024.
Respective responslbllltles of Trustees and Independent Examlner
The Trustees are responslble for preparlng the accounts. The charlS Trustees consider that an audit
is not required for this period under section 144 of the Charities Act 2011 (the Charitie5 Act) and that an
independent examination is needed. The charitys gross income did not exceed £250,0(Xl and l am
qualified to undertake the examination by being a qualified member of The soSc13t10n of Chartered
Certified Accountants.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act 2011.
follow the procedures laid down in general directions given by the Charity Commission
(under section 145(5)(b) of the Charities A¢ and
state whether particular matters have come to my attention.
Basls of Independent Examlnerfs Report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting record5 kept by the charity and a
comparison of the accounts presented with those records. It also indudes consideration of any
unusual items or disclosures in the accounts and seeking explanatlons from the Trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
In an audit, and consequently no opinion is given as to whether the accounts present a -true and falr
VIev and the report is limited to those matters set out in the statement below.
I have completed my examination. I confimr that no material matters have come to my attention in
connection with the examination giving me cause to believe that, in any material respect:
accountsng records were not kept in accordance with section 130 of the Charities Act,
the accounts do not accord with such records.
I have no concerns and have come across no other matters in connection with the examination to which
attention >hould be drawn in this report in order to enable a proper understanding of the accounts to
be reached.
Dated..
291OV2025
Slgned:
L C. Grant FCCA MAAT
The Kilns, Lynwick Street. Rud8wick. Horsham RH12 3DG