COMPANY REGISTRATION NUMBER: 3240687 CHARITY REGISTRATION NUMBER: 1064481
Pallion Action Group Company Limited by Guarantee Unaudited Financial Statements 31 March 2022
CENSIS
Chartered accountants Exchange Building 66 Church Street Hartlepool TS24 7DN
Pallion Action Group
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 7 |
| Statement of financial position | 8 |
| Statement of cash flows | 9 |
| Notes to the financial statements | 10 |
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
Reference and administrative details
Registered charity name Pallion Action Group Charity registration number 1064481 Company registration number 3240687 Principal office and registered 5 East Moor Road office Pallion Sunderland SR46QW Tyne & Wear The trustees D Maddison V Loraine C Poole R Downey C O'Connor D Sherriff Company secretary C Poole Independent examiner Censis Exchange Building 66 Church Street Hartlepool TS24 7DN
1
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Structure, governance and management
Governing document
The organisation is an incorporated registered charity limited by guarantee. Registered with the Charity Commission of England and Wales on 18 September 1997.
The company was established under a Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.
Recruitment and appointment of Management Committee
The Management Committee are also the Charity Trustees for the purpose of Charity Law and under the Company's Articles of Association are known as the Management Committee. The aim is to have a maximum of 10 Trustees. Nominations are requested from other organisations. The aim is to attract a variety of skills and abilities to maximize the effectiveness of the committee.
Organisational structure
The Pallion Action Group consists of a Board of Trustees consisting of a maximum of 10 members but currently consists of 6.
Responsibilities of the Management Committee
The Management Committee shall manage the business of the Charity and may exercise all the powers of the Charity unless they are subject to any restrictions imposed by the Act, the Memorandum, the Articles or any special resolution.
No alteration of the Memorandum or the Articles shall retrospectively invalidate any prior act of the Committee.
Any meeting of the Committee at which a quorum is present at the time the relevant decision is made may exercise all the powers exercisable by the Committee.
Objectives and activities
Aims and activities
Pallion Action Group (PAG) is a voluntary sector managed project, formed in 1993 as a result of positive community action. This was to address the concerns of local residents with regard to increased crime rates linked to youth unemployment.
PAG was formed to address these issues by establishing a range of services and activities aimed at reducing offending behaviour, offering choices and providing support to parents and families in order to cope with the problems they face, especially if on low income or benefits.
Public Benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the Trustee Board consider how planned activities will contribute to the aims and objectives they have set. The Trustee Board reached the conclusion that the Charity's aims and objectives did fall within the appropriate charitable purpose.
2
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Pallion Action Group (PAG) has had a productive year. Post COVID has seen an increase in demand for services and the profile of the organisation has been raised quite substantially. Sunderland City Council (SCC) has supported with funding to help those most vulnerable to access Household Support Funding (HSF)
We have worked with over 6,570 households during the last financial year working to develop more social isolation projects and bring in partners to offer a wider range of services and projects to help support residents.
Achievements and Performance
First Tier Welfare Rights advice has continued to be delivered and we have seen a peak in demand for this service. We offer First Tier Welfare Rights support, debt advice as well extending our referrals to Love Amelia and local community organisations. We have continued to deliver our regular projects with great success. These include Community Local Led Development (CLLD) - Care to Achieve Project, Building Better Opportunities (BBO) and Lottery - Helping in Your Pathway to Excellence (HYPE), Job Club and we have also a Self-employment Advisor courtesy of BIC to deliver sessions around "Being your own boss"
Kayll Road Library Hub has gone from strength to strength in the past year with 122 sessions delivered including Jigsaw Club, Craft and Chat, Mosaic Art, Meditation, Crystals for You and Pyrography. Since reopening after COVID we have been able to develop and facilitate small projects and this has been recognised by funders who have contacted us regarding good news stories.
We have completed a piece of research with Central Government around Digital Identity and how those marginalised and struggle to identify themselves digitally on Gov.Uk website. The research was invaluable, we will hopefully see changes in the next coming year. . Once again, the success of PAG could not happen without the support of funders, the commitment and dedication of the staff and volunteers who work extremely hard to help people. A big thank you to everyone.
Future Plans
We understand the impact on finances and are concentrating our work around supporting residents to be more financially resilience. We have identified that there is going to be a knock-on effect from COVID and this will have a negative affect on peoples finances. We will try and secure funding over the next 12 months to support with the ever-increasing cost of living and to support those most vulnerable with their mental health and emotional wellbeing.
3
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Financial review
The statement of Financial Activities shows a surplus of £69,630 and total reserves stand at £656,508.
Reserves Policy and Risk Management
It is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity, at a level which equates to approximately six to twelve months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to emergencies.
The unrestricted reserves of the charity at 31 March 2022 amounted to £188,055 of which free reserves (i.e. those not tied up in fixed assets and designated funds) amounted to £145,858.
The trustees actively review the major risks which the charity face on a regular basis and believe that maintaining our free reserves at the levels stated above, will provide sufficient resources in the event of adverse conditions.
The trustees' annual report and the strategic report were approved on 9 November 2022 and signed on behalf of the board of trustees by:
V Loraine Trustee
4
Pallion Action Group
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Pallion Action Group
Year ended 31 March 2022
I report to the trustees on my examination of the financial statements of Pallion Action Group ('the charity') for the year ended 31 March 2022.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
5
Pallion Action Group
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Pallion Action Group (continued)
Year ended 31 March 2022
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Censis Independent Examiner
Exchange Building 66 Church Street Hartlepool TS24 7DN
6
Pallion Action Group
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 53,899 | 387,585 | 441,484 | 422,397 |
| Charitable activities | 6 | 26,658 | 2,445 | 29,103 | 7,862 |
| Investment income | 7 | 3 | – | 3 | 9 |
|
|
|
|
||
| Total income | 80,560 | 390,030 | 470,590 | 430,268 | |
|
|
|
|
||
| Expenditure | |||||
| Expenditure on charitable activities | 8 | 88,941 | 312,019 | 400,960 | 320,949 |
|
|
|
|
||
| Total expenditure | 88,941 | 312,019 | 400,960 | 320,949 | |
|
|
|
|
||
|
|
|
|
||
| Net income | (8,381) | 78,011 | 69,630 | 109,319 | |
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|
|
||
| Transfers between funds | 37,763 | (37,763) | – | – | |
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|
|
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| Net movement in funds | 29,382 | 40,248 | 69,630 | 109,319 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 158,673 | 428,205 | 586,878 | 477,559 | |
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|
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| Total funds carried forward | 188,055 | 468,453 | 656,508 | 586,878 | |
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|
|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 10 to 22 form part of these financial statements.
7
Pallion Action Group
Company Limited by Guarantee
Statement of Financial Position
31 March 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 338,988 | 347,095 |
| Current assets | |||
| Debtors | 14 | 22,149 | 19,964 |
| Cash at bank and in hand | 299,824 | 223,199 | |
|
|
||
| 321,973 | 243,163 | ||
| Creditors: amounts falling due within one year | 15 | 4,453 | 3,380 |
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|
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| Net current assets | 317,520 | 239,783 | |
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|
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| Total assets less current liabilities | 656,508 | 586,878 | |
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| Net assets | 656,508 | 586,878 | |
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||
| Funds of the charity | |||
| Restricted funds | 468,453 | 428,205 | |
| Unrestricted funds | 188,055 | 158,673 | |
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| Total charity funds | 17 | 656,508 | 586,878 |
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For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 9 November 2022, and are signed on behalf of the board by:
V Loraine Trustee
The notes on pages 10 to 22 form part of these financial statements.
8
Pallion Action Group
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 69,630 | 109,319 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 12,252 | 11,300 |
| Other interest receivable and similar income | (3) | (9) |
| Accrued expenses | 105 | 5 |
| Changes in: | ||
| Trade and other debtors | (2,185) | 8,527 |
| Trade and other creditors | 968 | 40 |
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|
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| Cash generated from operations | 80,767 | 129,182 |
| Interest received | 3 | 9 |
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| Net cash from operating activities | 80,770 | 129,191 |
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| Cash flows from investing activities | ||
| Purchase of tangible assets | (4,145) | (5,203) |
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| Net cash used in investing activities | (4,145) | (5,203) |
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| Net increase in cash and cash equivalents | 76,625 | 123,988 |
| Cash and cash equivalents at beginning of year | 223,199 | 99,211 |
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| Cash and cash equivalents at end of year | 299,824 | 223,199 |
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The notes on pages 10 to 22 form part of these financial statements.
9
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2022
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 5 East Moor Road, Pallion, Sunderland, SR46QW, Tyne & Wear.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
10
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
11
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
| Freehold property | - | 2% straight line |
|---|---|---|
| Plant and machinery | - | 25% straight line |
| Fixtures and fittings | - | 25% straight line |
| Motor vehicles | - | 25% straight line |
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
In the event of the charity being wound up, members are required to contribute an amount not exceeding £1.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds |
|---|---|---|
| Funds | Funds | 2022 |
| £ | £ | £ |
12
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 2,899 | 500 | 3,399 |
| Grants | |||
| City of Sunderland | – | 40,879 | 40,879 |
| Roseline Foundation | 10,000 | – | 10,000 |
| Hadrian Trust | 1,000 | – | 1,000 |
| Virgin Money | 20,000 | – | 20,000 |
| National Lottery Community Fund | – | 63,407 | 63,407 |
| The 1989 Willan Charitable Trust | 10,000 | – | 10,000 |
| T4C | – | 19,550 | 19,550 |
| Grace Charitable Trust | – | 2,500 | 2,500 |
| Sports England | – | 8,890 | 8,890 |
| SIB "Pride in Pallion" | – | 878 | 878 |
| Peoples Health Trust | – | 9,244 | 9,244 |
| CoOp | – | 1,742 | 1,742 |
| Youth Allmighty | – | 7,812 | 7,812 |
| The Barbour Trust | – | 10,000 | 10,000 |
| LA6 | – | 27,000 | 27,000 |
| Wellseley Trust | – | 5,020 | 5,020 |
| Building Better Opportunities | – | 50,536 | 50,536 |
| Community Foundation | – | 18,226 | 18,226 |
| ShARP | – | 116,501 | 116,501 |
| Northumbria Police | – | 4,900 | 4,900 |
| The Four Acre Trust | 10,000 | – | 10,000 |
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| 53,899 | 387,585 | 441,484 | |
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13
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 1,050 | 87 | 1,137 |
| Grants | |||
| City of Sunderland | – | 51,733 | 51,733 |
| Local Authority Business Support Grant | 10,000 | 10,000 | 20,000 |
| Virgin Money | 10,000 | – | 10,000 |
| Garfield Weston | 15,000 | – | 15,000 |
| National Lottery Community Fund | 12,000 | 98,218 | 110,218 |
| John R Murray Charitable Trust | 2,000 | – | 2,000 |
| SIB "Care to Achieve" | – | 22,259 | 22,259 |
| Webb Family Charitable Trust | 2,000 | – | 2,000 |
| Awards For All | – | 9,998 | 9,998 |
| Peoples Health Trust | – | 11,092 | 11,092 |
| Rise North East | – | 2,300 | 2,300 |
| Youth Allmighty | – | 1,300 | 1,300 |
| Tesco Groundworks | – | 1,000 | 1,000 |
| Bernica Group | – | 9,984 | 9,984 |
| Assumption | – | 15,000 | 15,000 |
| CoOperative | – | 2,097 | 2,097 |
| LA6 | – | 5,000 | 5,000 |
| Hedley Foundation | – | 1,500 | 1,500 |
| Wellbank | – | 9,540 | 9,540 |
| The Rank Foundation | 10,108 | – | 10,108 |
| Yorkshire Bank Building Society | – | 1,000 | 1,000 |
| DEFRA | – | 10,000 | 10,000 |
| ShARP | – | 38,833 | 38,833 |
| Good Things | – | 1,250 | 1,250 |
| Greggs Trust | 10,000 | – | 10,000 |
| Northumbria Police | – | 32,230 | 32,230 |
| Albert Hunt Trust | 3,000 | – | 3,000 |
| The Four Acre Trust | 10,000 | – | 10,000 |
| Job Retention Scheme | 2,818 | – | 2,818 |
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| 87,976 | 334,421 | 422,397 | |
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14
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
6. Charitable activities
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Apprenticeships | – | – | – | ||
| Other | 6,703 | 2,445 | 9,148 | ||
| Admin services | 737 | – | 737 | ||
| Room hire | 11,248 | – | 11,248 | ||
| Training | 7,970 | – | 7,970 | ||
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| 26,658 | 2,445 | 29,103 | |||
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| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| £ | £ | £ | |||
| Apprenticeships | 2,488 | – | 2,488 | ||
| Other | 4,089 | – | 4,089 | ||
| Admin services | 203 | – | 203 | ||
| Room hire | 1,082 | – | 1,082 | ||
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| 7,862 | – | 7,862 | |||
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| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Bank interest received | 3 | 3 | 9 | 9 | |
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15
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
8. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| General Fund | 88,941 | – | 88,941 |
| Peoples' Heatlth | – | 13,551 | 13,551 |
| Outdoor Activities | – | 2,104 | 2,104 |
| Care to Achieve | – | 25,640 | 25,640 |
| RISE NE - Talking Inequalities | – | 874 | 874 |
| Kayll Road Library | – | 6,203 | 6,203 |
| Welfare Rights Sunderland | – | 67,899 | 67,899 |
| H.Y.P.E | – | 54,060 | 54,060 |
| Childrens Fitness | – | 11,299 | 11,299 |
| Health & Wellbeing | – | 10,468 | 10,468 |
| Community Foundation - Job Club | – | 2,961 | 2,961 |
| Awards for All Wellbeing | – | 7,237 | 7,237 |
| LA6 Community Renewal | – | 4,709 | 4,709 |
| Building fund | – | 9,116 | 9,116 |
| T4C Holiday Activities | – | 14,440 | 14,440 |
| Library Development | – | 10,517 | 10,517 |
| Community Chest - Craft & Chat KRL | – | 155 | 155 |
| Assumption Job Club | – | 8,197 | 8,197 |
| Small Grants | – | 16,418 | 16,418 |
| Northumbria Police | – | 984 | 984 |
| Corona Virus Response | – | 12,609 | 12,609 |
| BBO - Wise Group | – | 29,646 | 29,646 |
| SIB - Pride in Pallion | – | 815 | 815 |
| Sir John Priestman - Equipment | – | 124 | 124 |
| Shears/Barbour - Youth Opportunities | – | 1,993 | 1,993 |
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| 88,941 | 312,019 | 400,960 | |
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| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| General Fund | 79,867 | – | 79,867 |
| Peoples' Heatlth | – | 3,981 | 3,981 |
| Care to Achieve | – | 22,069 | 22,069 |
| RISE NE - Talking Inequalities | – | 1,426 | 1,426 |
| Kayll Road Library | – | 4,814 | 4,814 |
| Welfare Rights Sunderland | – | 53,579 | 53,579 |
| Community Chest - Emergency Funds | – | 180 | 180 |
| H.Y.P.E | – | 48,453 | 48,453 |
| Community Foundation - Job Club | – | 4,248 | 4,248 |
16
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
| Building fund | – | 9,116 | 9,116 | |
|---|---|---|---|---|
| Everyone Thrives | – | 2,975 | 2,975 | |
| Library Development | – | 5,459 | 5,459 | |
| Small Grants | – | 17,476 | 17,476 | |
| Northumbria Police | – | 4,380 | 4,380 | |
| Corona Virus Response | – | 15,048 | 15,048 | |
| BBO - Wise Group | – | 30,680 | 30,680 | |
| SIB - Pride in Pallion | – | 79 | 79 | |
| KRL Improvements | – | 469 | 469 | |
| Sir John Priestman - Equipment | – | 956 | 956 | |
| Shears/Barbour - Youth Opportunities | – | 13,006 | 13,006 | |
| Northumbria Police - Corona | – | 2,688 | 2,688 | |
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| 79,867 | 241,082 | 320,949 | ||
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| 9. | Net income | |||
| Net income is stated after charging/(crediting): | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 12,252 | 11,300 | ||
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| 10. | Independent examination fees | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 960 | 840 | ||
|
|
|||
| 11. | Staff costs |
The average head count of employees during the year was 20 (2021: 16). The average number of full-time equivalent employees during the year is analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Charitable activities | 20 | 16 |
|
|
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
12. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
17
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
13. Tangible fixed assets
| Freehold | Plant and | Fixtures and | Motor | ||
|---|---|---|---|---|---|
| property | machinery | fittings | vehicles | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| At 1 April 2021 | 486,524 | 14,619 | 96,440 | 4,000 | 601,583 |
| Additions | – | – | 4,145 | – | 4,145 |
|
|
|
|
|
|
| At 31 March 2022 | 486,524 | 14,619 | 100,585 | 4,000 | 605,728 |
|
|
|
|
|
|
| Depreciation | |||||
| At 1 April 2021 | 157,276 | 2,437 | 90,775 | 4,000 | 254,488 |
| Charge for the year | 9,116 | 731 | 2,405 | – | 12,252 |
|
|
|
|
|
|
| At 31 March 2022 | 166,392 | 3,168 | 93,180 | 4,000 | 266,740 |
|
|
|
|
|
|
| Carrying amount | |||||
| At 31 March 2022 | 320,132 | 11,451 | 7,405 | – | 338,988 |
|
|
|
|
|
|
| At 31 March 2021 | 329,248 | 12,182 | 5,665 | – | 347,095 |
|
|
|
|
|
|
| Debtors | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade debtors | 19,729 | 19,964 | |||
| Prepayments and accrued income | 2,420 | – | |||
|
|
||||
| 22,149 | 19,964 | ||||
|
|
||||
| Creditors: amounts falling due within one | year | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade creditors | 1,803 | 836 | |||
| Accruals and deferred income | 1,805 | 1,700 | |||
| Other creditors | 845 | 844 | |||
|
|
||||
| 4,453 | 3,380 | ||||
|
|
14. Debtors
15. Creditors: amounts falling due within one year
16. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £4,052 (2021: £3,350).
18
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At 31 March | ||||
| 1 April 2021 | Income | Expenditure | Transfers | 2022 | |
| £ | £ | £ | £ | £ | |
| General funds | 158,673 | 80,560 | (88,941) | 37,763 | 188,055 |
|
|
|
|
|
|
| At | At 31 March | ||||
| 1 April 2020 | Income | Expenditure | Transfers | 2021 | |
| £ | £ | £ | £ | £ | |
| General funds | 118,334 | 95,847 | (79,867) | 24,359 | 158,673 |
|
|
|
|
|
|
| Restricted funds | |||||
| At | At 31 March | ||||
| 1 April 2021 | Income | Expenditure | Transfers | 2022 | |
| £ | £ | £ | £ | £ | |
| Building | 305,907 | – | (9,116) | – | 296,791 |
| Welfare Rights City of | |||||
| Sunderland | 17,209 | 116,556 | (67,899) | (15,043) | 50,823 |
| LA6 - Community | |||||
| Renewal | – | 27,000 | (4,709) | (657) | 21,634 |
| Awards for All | 9,998 | – | (7,237) | – | 2,761 |
| BBO Wise Group | 1,831 | 30,019 | (29,646) | (3,336) | (1,132) |
| T4C - Holiday Activities | – | 19,550 | (14,440) | (2,650) | 2,460 |
| Peoples' Health | 5,246 | 9,244 | (13,551) | (4,810) | (3,871) |
| RISE NE - Talking | |||||
| Inequalities | 874 | – | (874) | – | – |
| Kayll Road Library | 10,051 | 2,374 | (6,203) | 6,979 | 13,201 |
| Childrens Fitness | – | 23,890 | (11,299) | (4,340) | 8,251 |
| Health & Wellbeing | – | 8,217 | (10,468) | (1,233) | (3,484) |
| Bernica - Library | |||||
| Development | 4,525 | 16,000 | (10,517) | – | 10,008 |
| Care to Achieve | (324) | 20,518 | (25,640) | – | (5,446) |
| SIB Pride In Pallion | 321 | 878 | (815) | – | 384 |
| Northumbria Police - | |||||
| Payback | – | 4,900 | – | – | 4,900 |
| Cancer Awareness YAP | – | 500 | (505) | 5 | – |
| Strength & Balance | – | 2,060 | (190) | – | 1,870 |
| H.Y.P.E | 15,065 | 63,406 | (54,060) | (7,956) | 16,455 |
| Holidays | 3,878 | 2,500 | (2,570) | – | 3,808 |
| Rothley Trust | 956 | – | (209) | – | 747 |
| Community Chest - Craft | |||||
| & Chat KRL | 534 | – | (155) | (325) | 54 |
19
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
| 17. | Analysis of charitable funds | (continued) | ||||
|---|---|---|---|---|---|---|
| Xmas Switch On | – | 500 | (500) | – | – | |
| Shopping & | ||||||
| Prescriptions | 1,308 | 16 | – | – | 1,324 | |
| Northumbria Police | 1,315 | – | (984) | – | 331 | |
| Corona Virus Response | 7,824 | – | (852) | – | 6,972 | |
| Job Club | 792 | 3,226 | (2,961) | (720) | 337 | |
| KRL Improvements | 391 | – | – | – | 391 | |
| Sir John Priestman | 644 | – | (124) | (520) | – | |
| Youth Opportunities | 1,994 | – | (1,994) | – | – | |
| Catherine Cookson | 250 | – | (250) | – | – | |
| COVID 19 - Mental | ||||||
| Health - YAP | 1,300 | 1,300 | (2,600) | – | – | |
| Assumption - Job Club | 15,000 | 18,348 | (8,197) | – | 25,151 | |
| Social Isolation | 2,097 | 4,242 | (3,814) | (300) | 2,225 | |
| GMBC - LA6 - Capacity | ||||||
| Building | 799 | – | (300) | (499) | – | |
| Outdoor Activities | 11,040 | 5,020 | (2,104) | – | 13,956 | |
| Covid Winter Response | 3,611 | – | (7,446) | (868) | (4,703) | |
| Slow Cookers | 2,769 | – | (1,361) | (380) | 1,028 | |
| Social Isolation | 1,000 | – | (389) | (611) | – | |
| Get a Better Job | – | 3,754 | (3,729) | – | 25 | |
| Covid Champion YAP | – | 6,012 | (4,311) | (499) | 1,202 | |
|
|
|
|
|
||
428,205 |
390,030 |
(312,019) |
(37,763) |
468,453 |
20
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
17. Analysis of charitable funds (continued)
| At | At 31 March | ||||
|---|---|---|---|---|---|
| 1 April 2020 | Income | Expenditure | Transfers | 2021 | |
| £ | £ | £ | £ | £ | |
| Building | 315,023 | – | (9,116) | – | 305,907 |
| Welfare Rights City of | |||||
| Sunderland | 3,253 | 74,921 | (53,579) | (7,386) | 17,209 |
| Awards for All | – | 9,998 | – | – | 9,998 |
| BBO Wise Group | (1,020) | 37,012 | (30,680) | (3,481) | 1,831 |
| Community Chest - | |||||
| Emergency Funds | 182 | – | (180) | (2) | – |
| Peoples' Health | – | 11,092 | (3,981) | (1,865) | 5,246 |
| RISE NE - Talking | |||||
| Inequalities | – | 2,300 | (1,426) | – | 874 |
| Kayll Road Library | 2,918 | 10,082 | (4,814) | 1,865 | 10,051 |
| Bernica - Library | |||||
| Development | – | 9,984 | (5,459) | – | 4,525 |
| Care to Achieve | (514) | 22,259 | (22,069) | – | (324) |
| SIB Way to Go | 1 | – | – | (1) | – |
| SIB Pride In Pallion | 400 | – | (79) | – | 321 |
| Safety Stewarding | 40 | – | – | (40) | – |
| H.Y.P.E | 9,043 | 61,206 | (48,453) | (6,731) | 15,065 |
| Holidays | 2,878 | 1,000 | – | – | 3,878 |
| Rothley Trust | 956 | – | – | – | 956 |
| Community Chest - Craft | |||||
| & Chat KRL | 534 | – | – | – | 534 |
| Everyone Thrives | 2,025 | 1,250 | (2,975) | (300) | – |
| Xmas Switch On | – | – | – | – | – |
| Shopping & | |||||
| Prescriptions | (77) | 6,760 | (5,375) | – | 1,308 |
| Northumbria Police | 1,569 | 4,200 | (4,380) | (74) | 1,315 |
| Corona Virus Response | (1,456) | 25,330 | (15,048) | (1,002) | 7,824 |
| Job Club | 5,760 | – | (4,248) | (720) | 792 |
| KRL Improvements | 860 | – | (469) | – | 391 |
| Sir John Priestman | 1,600 | – | (956) | – | 644 |
| Youth Opportunities | 15,000 | – | (13,006) | – | 1,994 |
| Catherine Cookson | 250 | – | – | – | 250 |
| Northumbria Police - | |||||
| Corona | – | 2,700 | (2,688) | (12) | – |
| COVID 19 - Mental | |||||
| Health - YAP | – | 1,300 | – | – | 1,300 |
| Assumption - Job Club | – | 15,000 | – | – | 15,000 |
| Social Isolation | – | 2,097 | – | – | 2,097 |
| GMBC - LA6 - Capacity | |||||
| Building | – | 5,000 | – | (4,201) | 799 |
| Outdoor Activities | – | 11,040 | – | – | 11,040 |
| Covid Winter Response | – | 11,300 | (7,689) | – | 3,611 |
| Slow Cookers | – | 3,501 | (542) | (190) | 2,769 |
| Social Isolation | – | 2,500 | (1,281) | (219) | 1,000 |
| Get a Better Job | – | 2,589 | (2,589) | – | – |
|
|
|
|
|
|
| 359,225 | 334,421 | (241,082) | (24,359) | 428,205 | |
|
|
|
|
|
21
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
18. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 42,197 | 296,791 | 338,988 | |
| Current assets | 150,311 | 171,662 | 321,973 | |
| Creditors less than 1 year | (4,453) | – | (4,453) | |
|
|
|
||
| Net assets | 188,055 | 468,453 | 656,508 | |
|
|
|
||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 41,188 | 305,907 | 347,095 | |
| Current assets | 120,865 | 122,298 | 243,163 | |
| Creditors less than 1 year | (3,380) | – | (3,380) | |
|
|
|
||
| Net assets | 158,673 | 428,205 | 586,878 | |
|
|
|
||
| 19. | Analysis of changes in net debt | |||
| At | ||||
| At 1 Apr 2021 | Cash flows | 31 Mar 2022 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 223,199 | 76,625 | 299,824 | |
|
|
|
22