2023-03-31-accounts - People's Voice Media

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				Year	Year
				Ended	Ended
				31 .03.23	31 .03.22
	Notes	Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
		£	£	£	£
INCOME FROM:
Charitable Activities	(4)	80,780	242,956	323,736	216,406
Other Trading Activities	(5)	45,081		45,081	42,205
Investment Income		1,015		1,015	49
TOTAL		126,876	242,956	369,832	258,660
EXPENDITURE ON:
Charitable Activities	(6)	73,493	243,454	316,947	222,162
TOTAL		73,493	243,454	316,947	222,162
NET INCOME/(EXPENDITURE)
BEFORE TRANSFERS		53,383	(498)	52,885	36,498
Gross Transfer between funds	(15)	(2,240)	2,240
NET INCOMING/(OUTGOING)
RESOURCES FOR THE YEAR		51,143	1,742	52,885	36,498
ReconciliationofFunds
Total Funds Brought Forward		192,006		192,006	155,508
TOTAL FUNDS CARRIED FORWARD	(16)	243,149	1,742	244,891	192,006

		2023		2022
	Notes	£		£
FIXED ASSETS
Tangible Fixed Assets	(10)		2,249		694
CURRENT ASSETS
Debtors	(12)	73,506		83,442
Cash at Bank and in Hand		200,524		254,228
		274,030		337,670
LIABILITIES:
Creditors: Amounts falling due
within one year	(13)	(31,388)		(146,358)
NET CURRENT ASSETS			242,642		191,312
TOTAL NET ASSETS			244,891		192,006
THE FUNDS OF THE CHARITY
Unrestricted Income Funds	(15)		243,149		192,006
Restricted Income Funds	(15)		1,742		-
TOTAL CHARITY FUNDS			244,891		192,006

	2023	2022
	£	£
RECONCILIATION OF NET MOVEMENT IN FUNDSTO
NET CASH FLOW FROM OPERATING ACTIVITIES
Net movement in funds	52,885	36,498
Add back depreciation	1,299	917
Deduct investment income	(1,015)	(49)
Decrease/(increase) in debtors	9,936	(49,799)
Increase/(decrease) in creditors	(114,970)	(12495)
Net cash used in operating activities	(51865)	(24,928)
Cash flows from investment activities:
Interest	1,015	49
Donation of fixed assets	-	(1,041)
Purchase of Fixed Assets	(2,854)
Net cash provided by investing activities	(1,839)	(992)
Increase/(decrease) in cash and cash equivalents during the year	(53,704)	(25,920)
Cash and cash equivalents brought forward	254,228	280,148
Cash and cash equivalents carried forward	200,524	254,228

NET INCOME FOR THE YEAR
	2023	2022
This is stated after charging:	£	£
Depreciation - owned assets	1,299	917
Pension Costs	6,077	4,651
Independent Examiners Fees	800	660

	Unrestricted	Restricted	Total
	Funds	Funds	2023
	£	£	£
Sales of Services:
Education & Training	45,300		45,300
Social Reporting & Lived Experience	13,980		13,980
Production of Media	1,500		1,500
Web Building	20,000		20,000
Grants:
Concrit		4,108	4,108
EU Arenas		89,496	89,496
Narratives of Impact		62,422	62,422
Unicorn		5,467	5,467
Continue		30,566	30,566
Heritage Lottery Fund		46,802	46,802
DWP		4,095	4,095
	80,780	242,956	323,736
Previous Year:	Unrestricted	Restricted	Total
	Funds	Funds	2022
	£	£	£
Sales of Services:
Education & Training	73,075		73,075
Social Reporting	1,320		1,320
Production of Media	6,000		6,000
Web Building	400		400
Grants:
Concrit		23,451	23,451
Cosie		6,235	6,235
EU Arenas		40,521	40,521
Narratives of Impact		34,740	34,740
Erasmus Co Engage		1,726	1,726
Unicorn		3,962	3,962
Continue		24,620	24,620
Erasmus Eurospectives		356	356
	80,795	135,611	216,406

5 INCOME FROM OTHER TRADING ACTIVITIES
	Unrestricted Restricted Total Total
	Funds Funds 2023 2022
	££ ££
Consultancy & Other Sales	45,081 45,081 42,205
	45,081 45,081 42,205

EXPENDITURE	Education Other Total	Education Other Total
	&Training Services 2023
*Expenditure on Charitable Activities:*		££ £
Employment Costs		7,200 117,908 125,108
Freelance & Subcontract Costs		11,647 33,044 44,691
DBS Checks		13-13
Staff Training		7130101
Grants to Partner Organisations / Partner Costs		56,035 56,035
Travel and Subsistence		1,354 21,149 22,503
Conference, Room Hire & Course Expenses		1,522 15,960 17,482
Volunteer Expenses		40762802
Participant Expenses & Access Costs		1,250 3,226 4,476
Publicity, communication & dissemination		- 3,347 3,347
Internet/Online Costs/Security		1,900 5,912 7,812
Minor & Computer Equipment		825825
Support Costs		460 29,044 29,504
Governance Costs		180 4,068 4,248
		25,637 291,310 316,947
Restricted Funds		243,454
Unrestricted Funds		73,493
		316,947
Previous Year	Education Other Total
	& Training Services 2022
Expenditure on Charitable Activities:		_££ £ _
Employment Costs		7,000 83,998 90,998
Freelance & Subcontract Costs		21,044 34,772 55,816
DBS Checks		1313
Staff Training		1010
Grants to Partner Organisations		- 20,943 20,943
Travel and Subsistence		1,506 8,088 9,594
Conference, Room Hire & Course Expenses		3,578 5,790 9,368
Volunteer Expenses		-4848
Participant Expenses & Access Costs		875453 1,328
Publicity, communication & dissemination		- 2,426 2,426
Internet/Online Costs/Security		90 1,854 1,944
Minor & Computer Equipment		-100100
Support Costs Governance Costs		9,500 16,269 25,769 300 3,505 3,805
		43,893 178,269 222,162
Restricted Funds		136,181
Unrestricted Funds		85,981
		222,162

		Basis of	General	General
		Apportionment	Support Governance Total 2023			Total 2022
				££	£	£
	Employment Costs	Staff Time		13.182 1,883	15,065	13,340
	Financial Management	Staff Time		9,754 1,084	10,838	10,166
	Rent,Meeting Room hire & Storage	Staff Time		2,807	2,807	2,233
	Post, Printing and Stationery	Staff Time		206	206	76
	Publications & Subscriptions	Staff Time		48	48	48
	Insurance	Staff Time		506	506	612
	Sundry	Staff Time		460	460	126
	Depreciation	Staff Time		1,299	1,299	917
	Bank & Card Charges			232	232	122
	Payroll Costs			939	939	814
	Trustee Expenses & AGM			481	481	460
	Irrecoverable VAT			71	71	-
	Independent Examination	Governance		800	800	660
				29,504 4,248	33,752	29,574
	Restricted Funds				17,071	26,990
	Unrestricted Funds				16,681	2,584
					33,752	29,574
8	STAFF NUMBERS AND COSTS				2023	2022
					£	£
	Wages and Salaries				130,592	96,953
	Social Security Costs				3,504	2,734
	Pension Costs				6,077	4,651
					140,173	104,338
	No employee earned £60,000 per annum or more.
	During the year 10 staff were employed on a part time		basis, with an average of 8.
	The average number of employees,	analysed by function was:
	Management & Administration				1	1
	Provision of Services				7	3
					8	4

10 TANGIBLE FIXED ASSETS	Computer Furniture & Total
COST	Equipment Equipment £££
At 1 April 2022	8,708339 9,047
Additions	2,854-2,854
Disposals	(4530) (339) (4869)
At 31 March 2023	7,032 7,032
DEPRECIATION
At 1 April 2022	8,014339 8,353
Charge for Year	1,299 1,299
Disposals	(4,530) (339) (4,869)
At 31 March 2023	4,783 4,783
NET BOOK VALUE
At 31 March 2023	2,249 2,249
At 31 March 2022	694 694
11 CAPITAL COMMITMENTS	2023 2022
Contracted but not provided for	F- nil£nil
12 DEBTORS	££
Accounts Receivable	16,618 71,400
Other Debtors	1,382-
Accrued Income	54,375 9,914
Prepayments and Accrued Interest	1,131 2,128
	73,506 83,442

13 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR	2023 2022
	££
Accounts Payable	3,368 6,195
Other Creditors .	676 1,590
Other Taxes & Social Security Costs	2,021 10,282
Deferred Income	19,903 125,970
Accruals	5,420 2,321
	31,388 146,358

EFERRED INCOME
	2023 2022
Deferred income comprises grants paid in advance.	££
Balance as at 1st April	125,970 135,769
Amount released to income earned from charitable activities	(125,845) (73,272)
Amount deferred in year	19,778 63,473
Balance as at 31st March	19,903 125,970

*Analysis of Movements in*	Balance		Balance
*Unrestricted Funds:*	01-Apr-22 Incoming	Transfers	Outgoing 31-Mar-23
	££	£	££
General	114,571 81,401		(47,856) 148,116
Designated Funds - Post Covid	26,250	(2,240)	24,010
Designated Funds - Education &
Training	51,185 45,475		(25,637) 71,023
	192,006 126,876	(2,240)	(73,493) 243,149
Previous Year:
Analysis of Movements in	Balance		Balance
Unrestricted Funds:	01-Apr-21 Incoming	Transfers	Outgoing 31-Mar-22
	££	£	££
General	106,835 49,974		(42,238) 114,571
Designated Funds - Post Covid	26,250		26,250
Designated Funds - Education &
Training	21,853 73,075		(43,743) 51,185
	154,938 123,049		(85,981) 192,006
Designated Funds
Post Covid	- these funds are set aside to meet potential employment and
	administration costs that may arise due to		gaps in funding
	including changes in service delivery following the Covid pandemic.

Education & Training	- ringfenced s	urpluses towa	rds future edu	cation and train	ing costs
*Analysis of Movements in*	Balance				Balance
Restricted Funds:	01-Apr-22	Incoming	Transfers	Outgoing	31-Mar-23
	£	£	£	£	£
DWP		4,095		(4,095)
Continue		30,566		(30,566)
H LF		46,802	(1,903)	(45,060)	(161)
EU Arenas		89,496		(89,496)
Narratives of Impact Unicorn		62,422 5,467		(62422) (5,467)
Concrit		4,108	2,240	(6,348)
Capital - HLF		- 242,956	1,903 2,240	- (243,454)	1,903 1,742

Previous Year:
Analysis of Movements in Restricted Funds:	Balance 01-Apr-21	Incoming	Transfers	Outgoing	Balance 31-Mar-22
	£	£	£	£	£
Donation in Kind	570			(570)
Continue		24,619		(24,619)
Co Engage Cosie		1,726 6,235		(1,726) (6235)
Eurospective EU Arenas		356 40,521		(356) (40,521)
Narratives of Impact Unicorn		34,740 3,963		(34,740) (3,963)
Concrit		23,451		(23,451)
	570	135,611		(136,181)

	`Tangible` `Net` `Tangible` `Net`
	`Fixed` `Current` `2023` `Fixed` `Current` `2022`
	`Assets` `Assets` `Total` `Assets` `Assets` `Total`
	`£` `£` `£` `£` `£` `£`
`Restricted Funds`	`1,903` `(161)` `1,742`
`Unrestricted Funds`	`346` `147,770` `148,116` `694` `113,877` `114,571`
`Unrestricted- Designated`	`95,033` `95,033` `77,435` `77,435`
	`2,249` `242,642` `244,891` `694` `191,312` `192,006`

`19` `CONTINGENT LIABILITIES`	`2023` `2022` `£nil` `£nil`