PEOPLE'S VOICE MEDIA Company Registration Number: 3083575 Charity Registration Number: 1059681 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
PEOPLE'S VOICE MEDIA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 INDEX Page Trustees Report Independent Examiners Report Statement of Financial Activities Balance Sheet Statement of Cash Flows 10-17 Notes to the Accounts
PEOPLE'S VOICE MEDIA ST Report of the trustees for the year ended 31 March 2024 The trustees present their annual directors, report and financial statements of the charity st for the year ended 31 March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective January 2019). Reference and administrative information Charity Name.. People's Voice Media Charity Number: 1059681 Company No: 3083575 Directors and trustees The directors of the charitable company (the charity) are its trustee5 for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: th Mrs Janet Castrogiovanni (Chairl (resigned 27 July 2023) Ms Caroline Marsh {Chairl Ms Paula Sergeant Mr Anthony Floyd McKenzie Ms Harinder Birring Dr Obert Tawodzera th Mr Anthony O'connor (appointed 18 May 2023, resigned 19th February 2024) Key management personnel: Trustee5 and Dlrectors Ms Caroline Marsh Chair of Trustees Senior managers Ms. Hayley Trowbridge - CEO and Company Secretary Registered Office The Fort Offices, Artillery Business Park, Garrison Avenue, Park Hall, Oswestry, SYII 4AD Independent Examiners Community Accountancy Service Limited The Grange, Pilgrim Drive, Beswick, Manchester, Mll 3TQ
PEOPLE'S VOICE MEDIA Bankers Cooperative Bank plc, l Balloon Street, Manchester, M60 4EP The Charity Bank, Fosse House, 182 High Street, Tonbridge, TN9 IBE Objectives and activities The purposes of the charity are to advance the education, to preserve and protect the good health and to relieve the poverty of the public in England by the provision of free and confidential information about charitable, voluntary, health and public services. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Charity's aims and objectives, in planning future activities, and setting the policies for the year. The charity furthers its charitable purposes for the public benefit through undertaking community reporting activities that spread the knowledge and stories of excluded groups that create conversations of change, and provide network support structures. Structurei governance and management People's Voice Media is a company limited by guarantee governed by its Memorandum and Articles of Association dated 25th July 1995. It is registered as a charity with the Charity th Commission Idated 9 December 19961. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of 3 years. Each year one third of the trustees shall retire from office by rotation and offer themselves for re-election. Trustee induction and training New trustees are giving a formal induction training plan that consists of minutes of copies of the previous board meetings, introduction to the services we provide and a conversation with the Chair of the organisations. Regular feedback sessions are held in the first year after board meeting to ensure that they are aware of all the activities. Training is given when approprlate. OrEanisation The board of trustees administers the charity. The board normally meets quarterly. A Chief Executive is appointed by the trustees to manage the day-to-day operations of the charity.
PEOPLE'S VOICE MEDIA Related parties and co-operation with other organisations Except as disclosed in Note 9 to the accounts none of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contrattual relationship with a related party. In the current year no such related party transactions were reported. Review of our achievements and performance Between April 2023 and March 2024, we have: o Delivered l annual conference Established 12 new social change projects o Trained 22 Community Reporter Trainers Delivered 109 events, workshops and trainings o Recruited and trained 152 Community Reporters o Gathered 211 lived experience stories o Engaged 1907 people in our activities o Had 11,104 unique views on the Community Reporter website The impact of this work is that we are: Creating brave spaces that are actively anti-racist, where people can learn about, and share, lived experience Influencing individuals and organisations with our anti-racist, inclusive vision Demonstrating the importance of lived experience in a variety of contexts Helping organisations to use Community Reporting in their work and change the way they do things Supporting people to develop new skills Providing platforms to people whose voices are often unheard or ignored Contributing to influencing policy Flnancial review The charity finished the year with income of £306,794 down from £369,832 with a corresponding decrease in expenditure to £261,023 from £316,947. The financial year ended with a surplus of £45,771 (2023 £52,885) increasing reserves to £290,662. Investment power5 and pollcy The trustees. havin8 r@8ard to the liquidity requir@ments of operating th@ charity, have kept available funds in an interest bearing deposit account. Reserves policy and going concern The balance held in unrestricted reserves at 31 March 2024 was £288,323 all of which is free reserves, after allowing for funds tied up in tangible fixed assets. The education and st
PEOPLE'S VOICE MEDIA training reserve has been established to ringfence any surpluses from these activities and has a balance of £58,863. It is also the aim to maintain the remaining free reserves in unrestricted funds at a level which equates to approximately six months of running costs (expected to be £96,000 for the coming yearl. The trustees consider that this level will provide sufficient funds to allow applications for grants in the event of funding gaps and ensure that support and governance costs are covered. Having regard to the level of general reserves and the budget for 24/25, the trustees consider that the charity is a going concern. Any reliance on grant funding is managed through a flexible approach to staffing. £30,486 has been received in advanced funding for 2024125. Risk management The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Plans for Future Perlods Over the next 12-months we will continue to work towards our strategic goals: l. Enhancing Community Reporting's position as a research tool, and lived experience stories as a form of evidence 2. Embedding Community Reporting and lived experience into service development and improvement 3. Using learning from the Community Reporter network to influence and inform local, regional and national policy change 4. Being actively anti-racist and uses this as a lens through which we address Structural inequalities Key aspects of this work will be: Ensuring lived experiences are heard by decision-makers, and that accessible platforms are provided for marginalised voices via gathering 80+ lived experience stories of injustices and inequalities and making them available on an open-access platform. We will deliver 4 knowledge exchange events on cross-cutting social and economic issues, accompanied by 4 insight briefings with reach 80+ service and policy professionals Supporting people and organisations to develop the skills to use lived experience to address inequalities and injustices via the delivery of around 20 capacity-building, training and mentoring activities delivered. Through this 35+ people with lived experience of inequalities will develop the confidence to be agents of change in their own geo8raphic or issue-based community. Informing and influencing services and policies with lived experience so that they better meet people's needs and enable people to live well. We will directly support 3 organisations to create and implement action plans to enhance their provision for
PEOPLE'S VOICE MEDIA marginalised communitie5. This will equip 7+ professionals with the skills and confidence to embed lived experience storytelling as a tool in their work. Trustees responsibilities in relation to the financial statements The charity trustees (who are also the directors of People's Voice Media for the purposes of company law) are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting principles and then apply them consistently; Observe the methods and principles in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keepin8 proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irre8ularities. By order of the board of trustees Ms Caroline Marsh Chair Ih Date: 29 August2024
INDEPENDEIYT EXAMIINER'S REPORT TO THE TRUSTEES OF PEOPLE'S VOICE MEDIA I report on the accounts of the company for the year ended 31" March 2024, which are set out on pages 7 to 17. Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Aci 2011 (the 2011 Acl) and that an independent examination Ès needed. Tlie LharÈty is required by company law to prepare accrued accounts and l am qualified to undertake the exaniination by being? a qualified member of The Association ot. Chartered Certified Accountants. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 201 l Act , to follow the procedures laid down in the general Directions gyiven by the Charity Commission under section 145(b) of the 2011 Act; and to state whether particular matlers have come to my attention. Basis of independent examiner's report My examinalion was carricd out in accordance with the general Directions given by the Charity Commission. An examination includes a review ofthe accounting records kept by the charity and a comparison of the accounts preseiited with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekinbi explanations from you as trustees concerning) any such matters. 'I'he procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is gyiven as to whether the accounts present a 'true and fair view, and the report is limitcd to those matters set oul in the statement below. Independent 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 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 ot" the Companies Act 2006, and witli the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been mel. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Anita King FCCA Community Accountancy Service Ltd The Grange, PilgFrim Drive Beswick. Manchester, Ml 13TQ th 29 August 2024
PEOPLE'S VOICE MEDIA STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 (including profit and loss accounti Year Ended 31.03.24 Totsl Fund8 Year Ended 31.03.23 Total Fund8 Notes Unr88trlct8d Restricted Funds Funds INCOME FROM.. Charitsble Activities Other Trading Activities Inv&$tmonl Income 113,877 46,947 2,554 143,416 257,293 46,947 2,554 323,736 45,081 1,015 TOTAL 163,378 143,416 306,794 369,832 EXPENDITURE ON. Charitable Activities 116,109 144,914 261.023 316,947 TOTAL 116,109 144,914 261,023 316,947 NET INCOMEIIEXPENDITUREI BEFORE TRANSFERS 47,269 11,4981 45,771 52,885 Gross Transfer beeen funds 12,0951 2,095 NET INCOMINGIIOUTGOINGI RESOURCES FOR THE YEAR 45,174 597 45,771 52,885 Reconclllatlon of Funds Total Funds Brought Forward 243,149 1,742 244,891 192.006 TOTAL FUNDS CARRIED FORWARD 1151 288,323 2,339 290,662 244,891 The stalamenl of financial a¢liviti&$ includes all gains and losses in the year, All incoming resources and resources expended dèrive from continuing a¢livilies. The notes on pages 11 to 18 form part of these accounts.
PEOPLE'S VOICE MEDIA BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note8 FIXED ASSETS Tangible Fixed Assets 2.500 2,249 CURRENT ASSETS Debtors Cash al 8ank and in Hand 1121 74,666 260,733 335.399 73.506 200.524 274.030 LIABILITIES.. Creditors.. Amounts falling due within one year 1131 47.237 31,388 NET CURRENT ASSETS 288,162 242,642 TOTAL NET ASSETS 290.662 244,891 THE FUNDS OF THE CHARITY Unrestricted Income Funds Restricted Income Funds TOTAL CHARITY FUNDS {161 1161 288,323 2,339 290,662 243,149 1,742 244,891 For the year ending 31 sl March 2024 the company was entitled to the exemption from audit under section 477 of the Companies Act 2006 relating to small ¢ompanie$. The members hav• not required the company lo obtain an audit of its accoun15 for the year in question in accordance with section 476, The Iruslees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the pparatiOn of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. Approved on behalf of th6 Board l Tru$lee Ms Caroline Marsh Dal8. 29th August 2024 The nol&s on pages 10 to 17 form part of these accounts.
PEOPLE'S VOICE MEDIA STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST MARCH 2024 2024 2023 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES Nel movement in funds Add back depreciation Deduct investment income Decreasellincreasel in debtor$ Increas&llde¢reasel in creditors 45,771 2,074 12,5541 11,1601 15,849 52.885 1,299 11,0151 9,936 1114,9701 Net ¢a$h used In operatlng actlvitle8 59.980 151,8651 Cash flows frorn investment activities: Interest 2,554 1,015 Purchase of Fixed As$&l$ Net cash provided by invosting aGtivitiè8 2,325 229 2,854 11,8391 Increaselldecreasel in cash and cash equivalents during the year 60,209 153.7041 Cash and cash èquivalents brought forward 200,524 254,228 Cash and cash equlvalents carriod forward 260,733 200,524
PEOPLE'S VOICE MEDIA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 10 I. ACCOUNTING POLICIES (al Ba515 of preparation and assessment of goin8 concern The accounts (financial slalementsl have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise slated in the relevant notes to these accounts. The financial statement5 have been prepared in accordance with the Statement of Recommended Practi.. Accounting and Reporting by Charities preparing their ac¢ounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 effective 1 st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and R&publie of Ireland IFRS 1021, the Charities Act 2011 and the Companies Act 2006.. The charity constitutes a public benefit entity as defined by FRS 102. The Iru5toe$ ¢on5ider that there are no material un¢ertainlies about the ¢harity'$ ability lo continue as a going concern. Ibl Funds struGtur• Reslriclgd funds are funds which are to be used in ac¢ordance with specific reslriclions imposed by the donor or trust deed. Thore were 2 restricted funds al the year end. Unrestricted income funds comprise those funds which the Iruslees are free lo use for any purpose in furtherance of the charitable objects, Unrestricted funds include designated funds wherè the trustees, al their discretion have created a fund for a specific purp050. Further details of each fund are disclosed in note 15. (¢1 Income recogn5tlon All income is recognised once the charity has entillemenl to tha income, it is probable that the income will be received and the amount of income receivab18 can be measured reliably. Donations ara recognised when the charity has been notified in writing of both the amount and selllement date. In tha event that a donation is subject lo conditions that require a level of performance before the charity is enlillod lo the funds, the income is deferred and not rocognised until either those conditions are fully mel, or the fulfilmenl ol those conditions is wholly within the control of th8 charity and il is probable that those conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be rneasur&d reliably by the charity., this is normally upon nolificalion of the interest paid or payable by the bank. Idl ExpendSture Recognltlon Liabilities are reco9nised as expenditure as soon as there is a legal or conslruclive obligation commilling the charity lo that 8xpendilure, il Is Pfobable that settlement will be required and the amount of the obligation Can be measured reliably. All expenditure is accounted for on an accruals ba$i$. All expenses including support cost5 and 90vernancg costs are allocated or apportioned lo the applicable expenditure headings. For more infomialion on this attribution refer lo note If) below. le) Irrecoverable VAT Irrecoverable VAT 1$ ¢harged against th& expenditure heading for which it was incurred whère il Is practical to do so, otherwise it 1$ included as irrecoverable vat in expenditure. {fj Allocatlon of support and governance costs Support costs have been allocated betsveen governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and ils complian¢e with regulation and good practice. These ¢osls include costs related lo independent examination and legal fees together with an apportionment of overhead and support ¢osls. Governance costs and support costs relating to charitable activities have been apportioned based on staff lime and facilities used in each activity. The a11o¢alion of support and governance costs 1$ analysed in note 7. Igl Charltable Activities Costs of charitablo activitiè8 include governanc8 casts and an apportionm&nt of support costs a5 shown in Note 6.
PEOPLE'S VOICE MEDIA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 11 Ihl Tangible fixed assets and depre¢latlon Fixed assets are included in the accounts al net book value. Additions of a single item or a group of similar assets exTreding £500, are capilalised at cost (valuation for donated assetsl. Depreciation is provided lo write off the cost less the eslimaled residual value of tangible fixed assets over their estimated useful lives as follows'.- Computer Equipment 33.330/0 on cost Furniture & Equipment 20 0/0 on cost li} Taxation The organisalion is exempt from in¢ome tax by reason of ils charitsble stslus. Income lax Suffered on investment income is re¢laimed in full. The Charity is not currently registered for VAT, Ul Pensions The Charity currently administers contributions to a pension scheme on behalf of individuals. The charity offers access lo a defined contribution Islakeholderl pension scheme. Contributions are charged lo the income and expenditure ac¢ounl when in¢urred. An auto enrolrngnt pension scheme is also in place. The charity has no liability beyond making ils contributions and paying across the deductions for the employee's Contributions. {kl Debtors Trade and other debtors are recognised at settlement amount due after any trade discount offered. Prepayment5 arg valued al the amount prepaid nel of any trade discounts due. 111 Creditors #nd ProviJlon8 Creditors and provisions are recognised where the Gharity has a present obligation resulting from a past ovénl that will probably result in the transfer of funds to a third party and the amount due to settle the obligation Can be measured or eslimaled reliably, Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Im) Contln8ent Ilab115tles A conts'ngenl liability is identified and disclosed for those transactions resulting from 8 possible obligation which will only be confirmed by the occurrence of one or more uncertain future events not wholly within the Iruslees, control. Inl Re8er4e8 The ¢harity aim to maintain gener81 reserves equivalgnl to 6 months running costs. This approximates lo £96.000 of anli¢ipaled running costs for 2024125. NET INCOME FOR THE YEAR 2024 2023 This is staled after charging,. Depreciation - owned assets Pension Costs Ind8pendent Examiners Fee5 2,074 6,575 800 1,299 6,077 800 TAX ON SURPLUS ON ORDINARY ACTIVITIES (See taxation policy notè abovel
PEOPLE'S VOICE MEDIA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 12 INCOME FROM CHARITABLE ACTIVITIES Unrestricted Restricted Fund$ Fund$ Total 2024 Sales of Services.. Education & Training Educational Support Social Reporting & Liv8d Experi&nce'. Production of Media 65,640 25,77S 10,375 12,800 65,640 25,775 10,375 12,800 Grants.. Other EU Afenas Narratives of lrnpact Unicorn Continue Heritage Lottery Fund DWP 17131 1,143 57,285 20,649 587 12,0951 57.677 8,190 143.416 430 57,285 20,849 567 12,0951 57,677 8,190 257,293 113,877 Previous Year.. Unrestricted Restricted Funds Funds Total 2023 Sales of Services.. Education & Training Social Reporting & Lived Experien¢ei Production of Media Web Building 45,300 13,980 1,SOO 20,000 45,300 13,980 1,500 20,000 Grants.. Concril EU Arenas Narrativ8s of Impact Unicorn Continue Hgrilag8 Lottery Fund DWP 4,108 89.496 62,422 5,467 30,566 46.802 4.095 242,956 4.108 89,496 62,422 5,467 30,566 46,802 4,095 323,736 80,780 INCOME FROM OTHER TRADING ACTIVITIES Unre8tricted Re8trlcted Funds Fund8 Total 2024 Totsl 2023 Consultancy & Other Sales 46,947 46.947 46,947 46.947 45,081 45,081 All "trading" activities in 2024 and 2023 were unrestricted.
PEOPLE'S VOICE MEDIA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 13 EXPENDITURE Education Other & Training Services Total 2024 Expenditure on Charitable Activlties." Employment Costs Freelance & Subcontract Costs Other Staff Costs Staff Training Grants to Partner Organisations I Partner Costs Travel and Subsistence Conference, Room Hire & Cour$8 Expenses Volunlegr Expenses Participant Expenses & Access Costs Publicity, communication & dissemination Inlernetlonline Costslsecurily Minor & Computer Equipment Support Costs Governance Costs 60,000 6,647 114 200 77.954 19,493 610 394 29,358 6.088 15,023 349 944 5,251 2,489 77 21,317 3.876 183,223 137,954 26,140 724 594 29,358 8,274 16,636 349 1,029 5.251 2,506 77 28,255 3,876 261,023 144,914 116,109 261.023 2,186 1,613 8S 17 6.938 77,800 Reslricled Fund$ Unrestricted Funds Previous Year Education & Training Other Services Total 2023 Expenditur8 on Charitable Aclivilies.. Employment Cost$ Freelance & Subcontract Costs DBS Checks Staff Training Grants to Partner Organi5ation$ I Partner Costs Travel and Subsistence Conference. Room Hire & Course Expen5e$ Volunteer Expenses Participant Expenses & Access Costs Publicity, communication & dissemination Inlernevonline Cosl$lSecurity Minor & Computer Equipment Support Costs Governance Costs 7,200 11,647 13 71 117,908 33,044 125,108 44,691 13 101 56,035 22,503 17.482 802 4,476 3,347 7,812 825 29,504 4,248 316,947 243,454 73,493 316,947 30 56,035 21,149 15,960 762 3,226 3,347 5,912 825 29,044 4,068 291,310 1,354 1,522 40 1,250 1,900 460 180 25,637 Reslricled Funds Unrestricted Funds
PEOPLE'S VOICE MEDIA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 14 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS Basis ol Apportsonmant Genoral Support Governance Totsl 2024 Total 2023 Employment Costs Sl¥iY fJnK• Financial Management Slaff fJm9 Renl,Meeting Room hire & Storage Siaff fimg Post, Printing and Stationery Staff Time Publications & Subscriptions St8ff fift Insuranc8 staff Timo Sundry Staff Ti Depreciation Staff TIftNry Bank & Card Char9es Payroll Costs Trustee Expenses & AGM Irrecoverable VAT Exchange Rate Differences Independent Examination 8,578 11,956 2,868 456 166 926 26 2,074 140 1,176 1,226 1,084 9,804 13,040 2,668 456 186 926 26 2,074 140 1,176 766 15,065 10,838 2,807 206 48 506 460 1,299 232 939 481 71 766 89 89 800 32,131 9.741 22,390 32.131 Govwnon 800 3,876 800 33,752 17.071 16,681 3,75 28,255 Reslricled Funds Unr8$tri¢led Fund$ STAFF NUMBERS AND COSTS 2024 2033 Wages and Salaries Social Security Costs Pension Costs 138,044 3,139 6,575 147,758 130,592 3,504 6,077 140,173 No employe8 earned £60,000 per annum or more. During the year 12 staff were employed on a part lime basis, with an average of 11. The average numbgr of employee5, analy$8d by function was.. Mana9emenl & Administration Provision of Services 10 The charity considers ils key management personnel comprises the Chief Executive Officer. The total employment benefits, including employer pension contributions of the key management personnel was £24,51212023. £37.6621. No employees has benefits in excess of £60,00012023 none). DIRECTORS {MANAGEMENT COMMITTEE) REMUNERATION AND EXPENSES Except a5 disclosed below no remuneration directly or indirectly out of th$ funds of the charity was paid or payabl8 during the period, lo any trustee or to any persons known lo be connected with any of them . Tony McKenzig, trLSSt•e, was paid £1798 in connection with r8cial justice work. Except as dis¢lose(J below no reimbursement of expenses has been made or is due to be made to any ol the Iru51ees in respect of the period. Travel Expenses 3 trustees £135
PEOPLE'S VOICE MEDIA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 15 10 TANGIBLE FIXED ASSETS Computer Fumiture & Equipment Equipment Total COST Al 1 April 2023 Additions Disposals Al 31 March 2024 7,032 2,325 339 7,371 2.325 9,357 339 9,696 DEPRECIATION Al 1 April 2023 Charge for Year Disposals Al 31 March 2024 4,783 2,074 339 5.122 2,074 6,857 339 7,196 NET BOOK VALUE Al 31 March 2024 At 31 March 2023 2,500 2.249 2,500 .249 11 CAPITAL COMMITMENTS Contracted but not provided for 2024 £ni 2023 12 DEBTORS Accounts Receivable Other Debtors Accrued Income Prepaymen15 and A¢¢rued Interest 52,135 16,618 1,382 54,375 1,131 73,506 20,882 1,649 74,666 In 2024 £18,017 rolaled to restricted funds. In 2023 £46,784 related to restricted funds 13 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accounts Payable Other Creditors Other Taxes & Social Security Costs Deferred Income Accruals 8,507 789 5,684 30,486 1,771 47,237 3,368 676 2.021 19,903 5,420 31,388 Included in creditors is £24,10912023 £16,1031 that relal8S to restricted funds. 14 DEFERRED INCOME 2024 2023 Deferred income compris6$ grants paid in advance. Balance as al 1 sl April Amount released lo income earned from charitable activities Amount deferred in year Balance a5 at 31 st March 19,903 125,970 119,9031 1125,8451 30,486 19,778 30,486 9,903