PEOPLE'S VOICE MEDIA
Company Registration Number: 3083575 Charity Registration Number: 1059681
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
PEOPLE'S VOICE MEDIA
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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
INDEX
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- 1-6 Trustees Annual Report 7 Independent Examiners Report
8 Statement of Financial Activities 9 Balance Sheet 10 Statement of Cash Flows 11-18 Notes to the Accounts
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PEOPLE’S VOICE MEDIA
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Report of the trustees for the year ended 31°" March 2025
The trustees present their annual directors’ report and financial statements of the charity for the year ended 31* March 2025 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 (FRS 102) (effective January 2019).
Referenceand administrative information
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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 trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:
Ms Caroline Marsh (Chair) (resigned 23 October 2024)
Ms Paula Sergeant (Treasurer)
Mr Anthony Floyd McKenzie | Ms Harinder Birring (Chair from 23" October 2024) Dr Obert Tawodzera Ms Helen Wales (appointed 23" October 2024) Ms Nat Farley (appointed 23 October 2024) Ms Laura Able (appointed 23 October 2024) Miss Hayley Elizabeth Trowbridge (Company Secretary) (appointed as director on 24" April 2025)
Key management personnel: Trustees and Directors
MsCaroline Marsh Chair of Trustees until 23"? October 2024 _
Senior managers
Ms. Hayley Trowbridge - CEO until 315t March 2025
Registered Office
The Fort Offices, Artillery Business Park, Garrison Avenue, Park Hall, Oswestry, SY11 4AD
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PEOPLE’S VOICE MEDIA
Independent Examiners
Hilton Jones Chartered Certified Accountants t/a Community Accountancy Service Hollinwood Business centre, Albert Street
Oldham OL8 3QL
Bankers
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Cooperative Bank plc, 1 Balloon Street, Manchester, M60 4EP
The Charity Bank, Fosse House, 182 High Street, Tonbridge, TN9 1BE
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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.
Structure, governance and management
People’s Voice Media is a company limited by guarantee governed by its Memorandum and Articles of Association dated 25" July 1995. It is registered as a charity with the Charity Commission (dated 9° December 1996).
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 appropriate.
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PEOPLE’S VOICE MEDIA
Organisation
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.
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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 betweena trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.
Review of our achievements and performance
Between April 2024 and March 2025, we have continued to deliver our current strategy ‘Changing the world, one story at a time’ and making progress on our strategic goals:
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Enhance Community Reporting’s position as a research tool, and lived experience stories as a form of evidence
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Embed Community Reporting and lived experience into service development and improvement
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Use learning from the Community Reporter Network to influence and inform local, regional, and national policy change
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Be actively anti-racist and use this as a lens through which we address structural inequalities
This work has included:
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e Hosting 1 annual conference
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e Establishing 13 new social change projects
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e Training 10 Community Reporter Trainers
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e Delivering 56 events, workshops and trainings
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e Recruiting and training 131 Community Reporters
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e Gathering 131 lived experience stories
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e Engaging 687 people in our activities
The impact of this work is that we are:
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Enabling people to develop capacities and skills they can utilise in their communities to address the challenges they face and have their voices heard. Specifically, this year we have:
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i. Enhanced Skill Development: As well as training people as Community Reporters, we also offered skill-specific training such as editing and curation. We also worked with more complex work around developing learning frameworks, and foresight/future thinking.
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ii. Expanded Reach and Deeper Engagement: Core Community Reporter work reaching a diverse audience across UK (and Europe to lesser
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- degree), broadening access to skill development and inclusive storytelling practices.
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iii. Fostering Community and Personal Growth: Projects like HOME? fostered stronger connections within refugee and migrant communities, cultivating a sense of belonging and increasing participants’ self-understanding, even creating employment opportunities for migrants. The anti-racism work, in particular, created safe/brave spaces for racialized individuals to share experience.
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Driving forward people-led change in service delivery, research practices and policy that puts lived experience at their core, creating more effective services, peoplecentred research practices and relevant policy. Specifically, this year we have:
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i. Positive Partner Reception: The Community Reporting for research approach was well-received by external partners, with partners from EUARENAS in particular incorporating it into their own work postproject.
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ii. Increased Work Towards Policy Change: Community Reporting has been adopted as an advocacy tool, especially with partners such as Equality Trust, providing evidence for their policy work.
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Changing power dynamics, supporting institutions to develop ‘bottom-up’ processes for working with communities and challenging perceptions and behaviours to catalyse new ideas and ways of working. Specifically, this year we have:
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i. External Recognition: The organisation's work garnered significant external recognition, with content extending into educational spheres. For instance, a blog post for the Vision for Volunteering project was requested for reprinting in an educational publication for young people. The anti-racism work was particularly praised as "highly informative and well-researched," capable of "genuinely shifting perspective," and driving "meaningful, lasting change".
Financial review
The charity finished the year with income of £183,856 down from £306,794 with a corresponding decrease in expenditure to £188,112 from £261,023. The financial year ended with a small deficit of £4,256 (surplus 2024 £45,771).
Investment powers and policy
The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in an interest bearing deposit account.
Reserves policy and going concern
The balance held in unrestricted reserves at 315* March 2025 was £276,785 (2024 £288,323) all of which is free reserves, after allowing for funds tied up in tangible fixed assets. The education and training reserve included in this, has been established to ringfence any surpluses from these activities and has a balance of £43,009. It is also the aim to maintain the remaining free reserves in unrestricted funds at a level which equates to approximately
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six months of running costs (expected to be £90,000 for the coming year). 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 25/26, the trustees consider that the charity is a going concern. Any reliance on grant funding is managed through a flexible approach to staffing. £49,102 has been received in advanced funding for 2025/26.
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 Periods
Our plans are to continue the delivery of our current strategy and strategic goals. This includes:
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e 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 by4 insight briefings with reach 80+ service and policy professionals
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e 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 geographic or issue-based community.
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e Informing and influencing services and policies with lived experience so that they e 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 marginalised communities. This will equip 7+ professionals with the skills and confidence to embed lived experience storytelling as a tool in their work.
Specific elements of these plans for 2025 - 2026 include:
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e Ananti-racism in storytelling training event for changemakers working across sectors such as research, education, community development and health and social care.
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e Continuation and completion of a Community Reporting and changemaking development programme for people from racialised communities
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e Establishment of a youth changemaker network focused on using storytelling as a tool for local social action.
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e Redevelopment of the Community Reporter website to support its usage as an open access archive for research, service development insights and evidence to inform policy.
Paula Sergeant
JM Hilton-Jones
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PEOPLE'S VOICE MEDIA
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
(including profit and loss account)
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|Year|Year|
|Ended|Ended|
|31.03.25|31.03.24|
|Notes|Unrestricted|Restricted|Total|Total|
|Funds|Funds|Funds|Funds|
|£|£|£|£|
|INCOME|FROM:|
|Charitable|Activities|(4)|90,012|77,185|167,197|257,293|
|Other Trading|Activities|(5)|13,767|13,767|46,947|
|Investment|Income|2,892|2,892|2,554|
|TOTAL|106,671|77,185|183,856|306,794|
|EXPENDITURE|ON:|
|Charitable|Activities|(6)|118,151|69,961|188,112|261,023|
|TOTAL|118,151|69,961|188,112|261,023|
|NET|INCOME/(EXPENDITURE)|
|BEFORE TRANSFERS|(11,480)|7,224|(4,256)|45,771|
|Gross|Transfer|between|funds|(15)|(58)|58|-|-|
|NET|INCOMING/(OUTGOING)|
|RESOURCES FOR THE YEAR|(11,538)|7,282|(4,256)|45,771|
|Reconciliation|of Funds|
|Total|Funds|Brought|Forward|288,323|2,339|290,662|244,891|
|TOTAL FUNDS|CARRIED|FORWARD|(15)|276,785|9,621|286,406|290,662|
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The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 11 to 18 form part of these accounts.
Paula Sergeant
PEOPLE'S VOICE MEDIA
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STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST MARCH 2025
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| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| RECONCILIATION OF NET MOVEMENT IN FUNDS TO | ||
| NETCASH FLOW FROM OPERATING ACTIVITIES | ||
| Net movement in funds | (4,256) | 45,771 |
| Add back depreciation | 2,426 | 2,074 |
| Deduct investmentincome | (2,892) | (2,554) |
| Decrease/(increase) in debtors | 40,827 | (1,160) |
| Increase/(decrease) in creditors | 12,037 | 15,849 |
| Netcash used in operating activities | 48,142 | 59,980 |
| Cash flows from investment activities: | ||
| Interest | 2,892 | 2,554 |
| Purchase of Fixed Assets | (2,099) | (2,325) |
| Netcash provided by investing activities | 793 | 229 |
| Increase/(decrease) in cash and cash equivalents during the year | 48,935 | 60,209 |
| Cash and cash equivalents broughtforward | 260,733 | 200,524 |
| Cashandcashequivalentscarriedforward | 309,668 | 260,733 |
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
(a) Basis of preparation and assessment of going concern
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- . The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and the Companies Act 2006.. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
(b) Funds structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There were 2 restricted funds at the year end. Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion have created a fund for a specific purpose. Further details of each fund are disclosed in note 15.
(c) Income recognition
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until 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 fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
(d) Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below.
(e) Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred where it is practical to do so, otherwise it is included as irrecoverable vat in expenditure.
(f) Allocation of support and governance costs
Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs. Governance costs and support costs relating to charitable activities have been apportioned based on Staff time and facilities used in each activity. The allocation of support and governance costs is analysed in note 7.
(g) Charitable Activities Costs of charitable activities include governance costs and an apportionment of support costs as shown in Note 6.
PEOPLE'S VOICE MEDIA
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
(h) Tangible fixed assets and and depreciation
fixed assets and and depreciation : Fixed assets are included in the accounts at net book value. Additions of a single item or a group of similar assets exceeding £500, are capitalised at cost (valuation for donated assets). Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets over their estimated useful lives as follows:Computer Equipment 33.33% on cost Furniture & Equipment 20 % on cost
(i) Taxation
The organisation is exempt from income tax by reason of its charitable status. Income tax suffered on investment income is reclaimed in full. The Charity is not currently registered for VAT.
(j) Pensions
The charity currently administers contributions to a pension scheme on behalf of individuals. The charity offers access to a defined contribution (stakeholder) pension scheme. Contributions are charged to the income and expenditure account when incurred.
An auto enrolment pension scheme is also in place. The charity has no
liability beyond making its contributions and paying across the deductions for the employee's contributions.
(k) Debtors
Trade and other debtors are recognised at settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
(I) Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event 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 estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
(m) Contingent liabilities
A contingent liability is identified and disclosed for those transactions resulting from a possible obligation which will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees’ control.
(n) Reserves
The charity aim to maintain general reserves equivalent to 6 months running costs. This approximates to £96,000 of anticipated running costs for 2024/25.
| 2 | NET INCOME FORTHEYEAR | ||
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| 2025 | 2024 | ||
| This is stated aftercharging: | £ | £ | |
| Depreciation - owned assets | 2,426 | 2,074 | |
| �� Pension Costs IndependentExaminersFees |
5,748 800 |
6,575 800 |
(See taxation policy note above) -
3 TAX ON SURPLUS ON ORDINARY ACTIVITIES
PEOPLE'S VOICE MEDIA
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
4 INCOME FROM CHARITABLE ACTIVITIES
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|Unrestricted|Restricted|Total|
|Funds|Funds|2025|
|£|£|£|
|Sales|of Services:|
|Education|&|Training|34,075|34,075|
|Educational|Support|15,375|15,375|
|Social|Reporting|&|Lived|Experience:|8,250|8,250|
|Production|of|Media|11,680|11,680|
|Grants:|
|NCRM|3,470|3,470|
|EU Arenas|30,844|30,844|
|Big|Lottery|��|- Awards|for All|9,950|9,950|
|Esmee|Fairbairn|Foundation|20,632|-|20,632|
|Heritage|Lottery|Fund|24,697|24,697|
|DWP|8,224|8,224|
|90,012|77,185|167,197|
|Previous|Year:|Unrestricted|Restricted|Total|
|Funds|Funds|2024|
|£|£|£|
|Sales|of|Services:|
|Education|&|Training|65,640|65,640|
|Educational|Support|25,775|25,775|
|Social|Reporting &|Lived|Experience:|10,375|10,375|
|Production|of Media|12,800|12,800|
|Grants:|
|Other|(713)|1,143|430|
|EUNarrativesArenas|���|of Impact|57,28520,649|57,28520,649|
|Unicorn|567|567|
|Continue|(2,095)|(2,095)|
|Heritage|��|Lottery|Fund|57,677|57,677|
|DWP|8,190|8,190|
|113,877|143,416|257,293|
|5|INCOME|FROM|OTHER TRADING|ACTIVITIES|
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|Unrestricted|Restricted|Total|Total|
|Funds|Funds|2025|2024|
|£|£|£|£|
|Consultancy &|Other Sales|13,767|13,767|46,947|
|13,767|-|13,767|46,947|
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All "trading" activities in 2025 and 2024 were unrestricted.
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PEOPLE'S VOICE MEDIA
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
| 6 | EXPENDITURE | Education | Other | Total |
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| & Training | Services | 2025 | ||
| Expenditureon CharitableActivities: | £ | £ | £ | |
| �� Employment Costs Freelance & Subcontract Costs |
45,000 113 |
72,100 17,177 |
117,100 17,290 |
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| OtherStaffCosts | 67 | 334 | 401 | |
| Grants to Partner Organisations / Partner Costs | - | 7,100 | 7,100 | |
| Travel and Subsistence | 1,779 | 3,901 | 5,680 | |
| Conference, Room Hire& Course Expenses | 430 | 2,723 | 3,153 | |
| �� Volunteer Expenses Participant Expenses &Access Costs |
15 - |
155 430 |
170 430 |
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| Publicity, communication & dissemination | 7 | 3,617 | 3,624 | |
| Internet/Online Costs/Security | 19 | 2,112 | 2,131 | |
| Minor& Computer Equipment | - | 1,405 | 1,405 | |
| SupportCosts | 2,464 | 24,141 | 26,605 | |
| Governance Costs | 35 | 2,988 | 3,023 | |
| 49,929 | 138,183 | 188,112 | ||
| Restricted Funds | 69,961 | |||
| Unrestricted Funds | 118,151 | |||
| 188,112 | ||||
| PreviousYear | Education | Other | Total | |
| & Training | Services | 2024 | ||
| Expenditure on Charitable Activities: | £ | £ | £ | |
| �� Employment Costs Freelance & Subcontract Costs |
60,000 6,647 |
77,954 19,493 |
137,954 26,140 |
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| Other Staff Costs | 114 | 610 | 724 | |
| �� StaffTraining Grants to Partner Organisations / Partner Costs Travel and Subsistence |
200 - 2,186 |
394 29,358 6,088 |
594 29,358 8,274 |
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| Conference, Room Hire & Course Expenses | 1,613 | 15,023 | 16,636 | |
| �� VolunteerExpenses Participant Expenses&Access Costs |
- 85 |
349 944 |
349 1,029 |
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| Publicity, communication & dissemination | - | 5,251 | 5,251 | |
| Internet/Online Costs/Security | 17 | 2,489 | 2,506 | |
| Minor& Computer Equipment | - | 77 | 77 | |
| SupportCosts | 6,938 | 21,317 | 28,255 | |
| Governance Costs | - | 3,876 | 3,876 | |
| 77,800 | 183,223 | 261,023 | ||
| Restricted Funds BO A OT |
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| Unrestricted Funds | 116,109 | |||
| 261,023 |
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PEOPLE'S VOICE MEDIA
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
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| 7 | ALLOCATION OF GOVERNANCE AND SUPPORT COSTS | ALLOCATION OF GOVERNANCE AND SUPPORT COSTS | ALLOCATION OF GOVERNANCE AND SUPPORT COSTS | ALLOCATION OF GOVERNANCE AND SUPPORT COSTS | ALLOCATION OF GOVERNANCE AND SUPPORT COSTS | ||||
|---|---|---|---|---|---|---|---|---|---|
| Basis of | General | ||||||||
| Apportionment | Support Governance | Total 2025 | Total 2024 | ||||||
| £ | £ | £ | £ | ||||||
| Employment Costs | StaffTime | 7,024 | 1,004 | 8,028 | 9,804 | ||||
| Financial Management | StaffTime | 10,155 | 1,084 | 11,239 | 13,040 | ||||
| Rent,Meeting Room hire& Storage | StaffTime | � | � | 2,000 | 2,000 | 2,668 | |||
| Post, Printing and Stationery | StaffTime | � | � | 250 | 250 | 456 | |||
| Publications& Subscriptions | StaffTime | � | � | 60 | 60 | 166 | |||
| Insurance | StaffTime | � | � | 1,046 | 1,046 | 926 | |||
| Sundry | StaffTime | � | � | 80 | 80 | 26 | |||
| Depreciation | StaffTime | � | � | 2,426 | 2,426 | 2,074 | |||
| Bank & Card Charges | 128 | 128 | 140 | ||||||
| Payroll Costs | 1,054 | 1,054 | 1,176 | ||||||
| Trustee Expenses&AGM | - | 35 | 35 | 766 | |||||
| IrrecoverableVAT | 2,365 | 2,365 | - | ||||||
| Exchange Rate Differences | 17 | 17 | 89 | ||||||
| Independent Examination | Governance | - | 900 | 900 | 800 | ||||
| 26,605 | 3,023 | 29,628 | 32,131 | ||||||
| Restricted Funds | - | 9,741 | |||||||
| Unrestricted Funds | 29,628 | 22,390 | |||||||
| 29,628 | 32,131 | ||||||||
| 8 | STAFF NUMBERSAND COSTS | 2025 | 2024 | ||||||
| £ | £ | ||||||||
| Wages and Salaries | 117,254 | 138,044 | |||||||
| Social Security Costs | 2,126 | 3,139 | |||||||
| Pension Costs | 5,748 | 6,575 | |||||||
| 125,128 | 147,758 | ||||||||
| Noemployee earned £60,000 perannum or | more. | ||||||||
| During theyear 10 staffwereemployed ona | parttime basis, withanaverage | of8. | |||||||
| The average number ofemployees, analysed by function | was: | ||||||||
| Management& Administration | 1 | 1 | |||||||
| Provision of Services | 7 | 10 | |||||||
| 8 | 11 |
The charity considers its key management personnel comprises the Chief Executive Officer. The total employment benefits, including employer pension contributions of the key management personnel was £20,070 (2024: £24,512), No employees has benefits in excess of £60,000 (2024: none). -
9 DIRECTORS (MANAGEMENT COMMITTEE) REMUNERATION AND EXPENSES
No remuneration directly or indirectly out of the funds of the charity was paid or payable during the period, to any trustee or to any persons known to be connected with any of them.
No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the period.
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PEOPLE'S VOICE MEDIA
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|10|TANGIBLE|FIXED ASSETS|Computer|Furniture|&|Total|
|Equipment|Equipment|
|COST|£|£|£|
|At|1|April|2024|9,357|339|9,696|
|Additions|2,099|-|2,099|
|Disposals|-|-|-|
|At|31|March|2025|11,456|339|11,795|
|’|DEPRECIATION|
|At|1|April|2024|6,857|339|7,196|
|Charge|for Year|2,426|-|2,426|
|Disposals|-|:|-|
|At|31|March|2025|9,283|339|9,622|
|NET|BOOK VALUE|
|At|31|March|2025|2,173|-|2,173|
|At|31|March|2024|2,500|-|2,900|
|11|CAPITAL COMMITMENTS|2025|2024|
|Contracted|but|not|provided|for|£|nil|£|nil|
|12.|DEBTORS|£|£|
|Accounts|Receivable|16,820|52,135|
|Accrued|Income|15,406|20,882|
|Prepayments|and|Accrued|Interest|1,613|1,649|
|33,839|74,666|
|In|2025 £14,827|related|to|restricted|funds.|In|2024|£18,017|related|to|restricted|funds.|
|13|CREDITORS:|AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|2025|2024|
|£|£|
|Accounts|Payable|4,264|8,507|
|Other Creditors|623|789|
|Other Taxes &|Social|Security Costs|3,573|5,684|
|Deferred|Income|49,103|30,486|
|Accruals|1,711|1,771|
|59,274|47,237|
|Included|in|creditors|is £30,582|(2024|£24,109)|that|relates|to|restricted|funds.|
|14|DEFERRED|INCOME|
|2025|2024|
|Deferred|income comprises|grants|paid|in|advance.|£|£|
|Balance|as|at|1st|April|30,486|19,903|
|Amount|released|to|income|earned|from|charitable|activities|(30,486)|(19,903)|
|Amount deferred|in|year|49,103|30,486|
|Balance|as|at 31st March|49,103|30,486|
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17
PEOPLE'S VOICE MEDIA
|
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|15|ANALYSIS|OF|CHARITABLE|FUNDS|
|Analysis|of|Movements|in|Balance|Balance|
|-|Unrestricted Funds:|01-Apr-24|Incoming’|Transfers|Outgoing|31-Mar-25|
|£|£|£|£|£|
|General|229,460|72,596|(58)|(68,222)|233,776|
|Designated|Funds|-|Education|&|
|Training|58,863|34,075|-|(49,929)|43,009|
|288,323|106,671|(58)|(118,151)|276,785|
|Previous|Year:|
|Analysis|of Movements|in|Balance|Balance|
|Unrestricted|Funds:|01-Apr-23|~— Incoming|Transfers|Outgoing|31-Mar-24|
|£|£|£|£|£|
|General|148,116|97,738|21,915|(38,309)|229,460|
|Designated|Funds|-|Post Covid|24,010|(24,010)|-|-|
|Designated|Funds|-|Education|&|
|Training|71,023|65,640|-|(77,800)|58,863|
|243,149|163,378|(2,095)|(116,109)|288,323|
|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|surpluses towards|future education|and|training|costs|
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|||||||||
|---|---|---|---|---|---|---|---|
|Analysis of|Movements|in|Balance|Balance|
|Restricted Funds:|01-Apr-24|Incoming|Transfers|Outgoing|31-Mar-25|
|£|£|£|£|£|
|DWP|-|8,224|(8,224)|-|
|HLF|(161)|24,147|(1,550)|(22,436)|-|
|EU Arenas|-|30,844|(30,844)|-|
|Awards|for All|-|9,950|(2,503)|7,447|
|NCRM|-|3,470|58|(3,528)|-|
|Capital|-|HLF|2,500|550|1,550|(2,426)|2,174|
|2,339|77,185|58|(69,961)|9,621|
|Previous|Year:|
|Analysis|of Movements|in|Balance|Balance|
|Restricted|Funds:|01-Apr-23|Incoming|Transfers|Outgoing|31-Mar-24|
|£|£|£|£|£|
|DWP|-|8,190|(8,190)|-|
|Continue|-|(2,095)|2,095|-|-|
|HLF|(161)|55,352|(55,352)|(161)|
|’|EU Arenas|-|57,285|(57,285)|-|
|Narratives|of Impact|-|20,649|(20,649)|-|
|Unicorn|-|567|(567)|-|
|House|-|613|(613)|-|
|NCRM|-|530|(530)|-|
|Capital|-|HLF|1,903|2,325|(1,728)|2,500|
|1,742|143,416|2,095|(144,914)|2,339|
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18
|
PEOPLE'S VOICE MEDIA
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
|
15 cont... Details re funds: HLF towards the Home? Project DWP towards access costs Awards for All towards the Amplifying Voices project Cosie towards the Co-creation of Service Innovations in Europe Project EU Arenas towards the EU Arenas Project Narratives of Impact towards the Narratived of Impact Project Unicorn towards the Co-operation for Innovation and the Exchange of Good Practices Project Concrit towards the Community Narration and Critical Thinking project House/ towards evaluation costs NCRM towards participation costs
16 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Tangible Fixed Assets £ |
Net Current Assets £ |
2025 Total £ |
Tangible Fixed Assets £ |
Net Current Assets £ |
2024 Total £ |
|
|---|---|---|---|---|---|---|
| RestrictedFunds Unrestricted Funds |
2,173 - |
7,448 233,776 |
9,621 233,776 |
2,500 - |
(161) 229,460 |
2,500 229,460 |
| Unrestricted-Designated | - | 43,009 | 43,009 | - | 58,863 | 58,863 |
| 2,173 | 284,233 | 286,406 | 2,500 | 288,162 | 290,823 |
17 POST BALANCE SHEET EVENTS
The trustees consider that, there are no significant post balance sheet events that impact on the financial statements as presented.
18 COMPANY STATUS
| The company is limited by guarantee and has no share capital. All members have | |||
|---|---|---|---|
| agreed to contributeasum notexceeding £1 in the event ofwinding up. | |||
| 19 | CONTINGENT LIABILITIES | 2025 | 2024 |
| £nil | £nil |
20 CONTROLLING PARTIES
The charity is under the shared control of the trustees (directors) named on Page 1.