COMPANY REGISTRATION NUMBER: 3240687 CHARITY REGISTRATION NUMBER: 1064481
Pallion Action Group Company Limited by Guarantee Unaudited Financial Statements 31 March 2025
TREMAINE
Chartered accountants 19 Tremaine Close Hartlepool TS27 3LE
Pallion Action Group
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
| 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 | 10 |
| Notes to the financial statements | 11 |
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
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 2025.
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 V Loraine C Poole R Downey S L Rayner A L Gillingham M J Mphisa M Campin R Hollywood S P Williams C O'Connor (Resigned 16 April 2024) S Chowdhury (Resigned 28 January 2025) Company secretary R Hollywood Independent examiner Julie Todd Tremaine Chartered Certified Accountant 19 Tremaine Close Hartlepool TS27 3LE
1
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
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 9 members but currently consists of 9.
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 2025
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
Over the past year, PAG has continued to deliver and expand its wide range of services and projects, making a tangible and lasting difference to the lives of people within our local community. Through commitment, innovation, and collaboration, we have strengthened our position as a trusted community anchor and a key contributor to the city's social, cultural, and economic wellbeing.
A key milestone this year was the development of a comprehensive Funding Strategy and a Strategic Plan, setting a clear direction for the organisation's future growth and sustainability. Our CEO successfully completed a mentoring programme with the Garfield Weston Charity through Pilotlighters, further enhancing leadership capacity and strategic insight across the organisation.
The long-awaited opening of the Pavilion marked one of our proudest achievements to date, attracting over 500 attendees on launch day. The Pavilion has since been recognised as one of the most successful UKSPF Capital Projects in the region, providing an accessible, inclusive space for community engagement and development.
We have actively promoted our work and raised awareness of our services through live features on national radio, highlighting the vital role PAG plays in supporting local residents. In partnership with Sunderland City Council, we also facilitated the Household Support Fund, ensuring that essential assistance reached those most vulnerable in our community during times of financial hardship.
Our efforts in leadership and innovation were recognised through successful funding from the Rank Foundation for the Time to Shine Leader Programme, and we were honoured to be selected as one of five Community Leaders to participate in the Citywide Sunderland Anchors Collaboration, also supported by the Rank Foundation.
Cultural and community engagement has remained at the heart of our work. This year, we delivered a range of creative and cultural activities, including community art projects and outdoor theatre performances, fostering inclusion, wellbeing, and pride in place. We continued to deliver holiday provision programmes, offering healthy snacks and meals to young people, while maintaining our commitment as a Warm Hub, providing a safe and welcoming space for those in need.
3
Pallion Action Group
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Another significant achievement was becoming the first organisation in the city to deliver ParkPlay, promoting physical activity, social connection, and family wellbeing. Additionally, we purchased a community minibus, enabling us to provide transport for socially isolated residents and young people, ensuring access to outings, educational trips, and wider community opportunities.
Collectively, these achievements demonstrate PAG's unwavering dedication to empowering individuals, strengthening communities, and creating positive, lasting change.
FUTURE PLANS
PAG will develop the Colab partnership with a view to look at multi year funding and commissioning work. Increase the capacity at the buildings and develop a Digital Strategy in line with the changes that are happening around services
Financial review
The statement of Financial Activities shows a surplus of £372,586 and total reserves stand at £1,111,794.
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 2025 amounted to £611,304 of which free reserves (i.e. those not tied up in fixed assets and designated funds) amounted to £280,111.
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 10 December 2025 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 2025
I report to the trustees on my examination of the financial statements of Pallion Action Group ('the charity') for the year ended 31 March 2025.
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').
Since the charity's income exceeded £1,000,000, in accordance with Charity Law, FRS102, the Charities SORP the financial statements for the year ended 31 March 2025 are subject to an audit. The trustees obtained from the Charity Commission of England and Wales an audit dispensation under s154(1)(f) of the Charities Act to continue with an independent examination by an external Independent Examiner.
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 Association of Chartered Certified Accountants, 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 2025
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.
Julie Todd Tremaine Chartered Certified Accountant Independent Examiner
19 Tremaine Close Hartlepool TS27 3LE
6
Pallion Action Group
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 82,182 | 934,573 | 1,016,755 | 484,795 |
| Charitable activities | 6 | 36,207 | 12,138 | 48,345 | 31,441 |
| Investment income | 7 | 438 | – | 438 | 401 |
|
|
|
|
||
| Total income | 118,827 | 946,711 | 1,065,538 | 516,637 | |
|
|
|
|
||
| Expenditure | |||||
| Expenditure on charitable activities | 8 | 35,467 | 657,485 | 692,952 | 472,486 |
|
|
|
|
||
| Total expenditure | 35,467 | 657,485 | 692,952 | 472,486 | |
|
|
|
|
||
|
|
|
|
||
| Net income | 83,360 | 289,226 | 372,586 | 44,151 | |
|
|
|
|
||
| Transfers between funds | 216,127 | (216,127) | – | – | |
|
|
|
|
||
| Net movement in funds | 299,487 | 73,099 | 372,586 | 44,151 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 311,817 | 427,391 | 739,208 | 695,057 | |
|
|
|
|
||
| Total funds carried forward | 611,304 | 500,490 | 1,111,794 | 739,208 | |
|
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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 11 to 26 form part of these financial statements.
7
Pallion Action Group
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 14 | 600,636 | 414,994 |
| Current assets | |||
| Debtors | 15 | 48,671 | 139,818 |
| Cash at bank and in hand | 469,544 | 200,889 | |
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|
||
| 518,215 | 340,707 | ||
| Creditors: amounts falling due within one year | 16 | 7,057 | 16,493 |
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|
||
| Net current assets | 511,158 | 324,214 | |
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|
||
| Total assets less current liabilities | 1,111,794 | 739,208 | |
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|
||
| Net assets | 1,111,794 | 739,208 | |
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||
| Funds of the charity | |||
| Restricted funds | 500,490 | 427,391 | |
| Unrestricted funds | 611,304 | 311,817 | |
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||
| Total charity funds | 18 | 1,111,794 | 739,208 |
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For the year ending 31 March 2025 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.
The statement of financial position continues on the following page. The notes on pages 11 to 26 form part of these financial statements.
8
Pallion Action Group
Company Limited by Guarantee
Statement of Financial Position (continued)
31 March 2025
These financial statements were approved by the board of trustees and authorised for issue on 10 December 2025, and are signed on behalf of the board by:
V Loraine Trustee
The notes on pages 11 to 26 form part of these financial statements.
9
Pallion Action Group
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 372,586 | 44,151 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 23,389 | 21,927 |
| Other interest receivable and similar income | (438) | (401) |
| Accrued expenses | 2,321 | 141 |
| Changes in: | ||
| Trade and other debtors | 91,147 | (78,911) |
| Trade and other creditors | (11,757) | 9,703 |
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|
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| Cash generated from operations | 477,248 | (3,390) |
| Interest received | 438 | 401 |
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| Net cash from/(used in) operating activities | 477,686 | (2,989) |
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| Cash flows from investing activities | ||
| Purchase of tangible assets | (209,031) | (82,299) |
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| Net cash used in investing activities | (209,031) | (82,299) |
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| Net increase/(decrease) in cash and cash equivalents | 268,655 | (85,288) |
| Cash and cash equivalents at beginning of year | 200,889 | 286,177 |
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| Cash and cash equivalents at end of year | 469,544 | 200,889 |
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The notes on pages 11 to 26 form part of these financial statements.
10
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
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.
11
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
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.
12
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
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.
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.
13
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 182 | 1,170 | 1,352 |
| Rotary Club | – | 350 | 350 |
| Arnold Clark | – | 500 | 500 |
| Aspire | – | 500 | 500 |
| Grants | |||
| City of Sunderland | – | 293,826 | 293,826 |
| Anonymous | 40,000 | 4,000 | 44,000 |
| Sir James Knott Trust | 5,000 | – | 5,000 |
| Awards For All | – | 19,782 | 19,782 |
| The Rank Foundation | 30,000 | 17,079 | 47,079 |
| National Lottery Community - Reaching Communities | |||
| North East and Cumbria | – | 123,520 | 123,520 |
| Garfield Weston Foundation | 5,000 | – | 5,000 |
| Trelix Charitable Trust | 2,000 | – | 2,000 |
| Making a Difference Locally | – | 700 | 700 |
| 29th May 1961 Charitable Trust | – | 3,000 | 3,000 |
| Birkdale Trust | – | 3,000 | 3,000 |
| Linden Charitable Trust | – | 4,935 | 4,935 |
| Rothley Trust | – | 1,600 | 1,600 |
| Community Foundation | – | 7,990 | 7,990 |
| Charles Hayward Foundation | – | 10,000 | 10,000 |
| Netherton Park | – | 7,500 | 7,500 |
| Wise Group | – | 102,994 | 102,994 |
| The Ballinger Trust | – | 20,000 | 20,000 |
| Youthall | – | 6,500 | 6,500 |
| BIC Foundation | – | 8,294 | 8,294 |
| Cathering Cookson Charitable Trust | – | 1,600 | 1,600 |
| Ladbrookes | – | 1,600 | 1,600 |
| Tesco Groundworks UK | – | 1,000 | 1,000 |
| Sunderland Community Chest | – | 2,450 | 2,450 |
| Virgin Money | – | 27,075 | 27,075 |
| UKSPF | – | 169,106 | 169,106 |
| The Rubin Foundation Charitable Trust | – | 2,000 | 2,000 |
| Hadrian Trust | – | 1,000 | 1,000 |
| High Sheriffs | – | 1,000 | 1,000 |
| ShARP | – | 90,502 | 90,502 |
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| 82,182 | 934,573 | 1,016,755 | |
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14
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 2,039 | 1,000 | 3,039 |
| Rotary Club | – | 500 | 500 |
| Percyl Hedley | – | 300 | 300 |
| Grants | |||
| City of Sunderland | – | 224,171 | 224,171 |
| Anonymous | 20,000 | 1,000 | 21,000 |
| Sir James Knott Trust | 5,000 | – | 5,000 |
| National Lottery Community - Reaching Communities | |||
| North East and Cumbria | – | 23,263 | 23,263 |
| Garfield Weston Foundation | 6,500 | – | 6,500 |
| Together For Children | – | 11,399 | 11,399 |
| Making a Difference Locally | 1,000 | – | 1,000 |
| 29th May 1961 Charitable Trust | – | 3,000 | 3,000 |
| Sainsburys | – | 1,500 | 1,500 |
| Rothley Trust | – | 1,500 | 1,500 |
| Community Foundation | 10,000 | 10,670 | 20,670 |
| Leigh Trust | 1,000 | – | 1,000 |
| The Access Foundation | – | 14,470 | 14,470 |
| North East Roots | – | 3,000 | 3,000 |
| Molitor Trust | 3,000 | – | 3,000 |
| The Ballinger Trust | – | 20,000 | 20,000 |
| ASB Funding | – | 29,660 | 29,660 |
| Youthall | – | 4,125 | 4,125 |
| Barbour Trust | – | 7,000 | 7,000 |
| UKSPF | – | 74,000 | 74,000 |
| Back On The Map | – | 5,698 | 5,698 |
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| 48,539 | 436,256 | 484,795 | |
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15
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
6. Charitable activities
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Other | 2,988 | – | 2,988 | ||
| Admin services | 184 | – | 184 | ||
| Room hire | 21,345 | 8,684 | 30,029 | ||
| Service Delivery | 11,690 | 3,454 | 15,144 | ||
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| 36,207 | 12,138 | 48,345 | |||
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| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Other | 2,187 | 1,742 | 3,929 | ||
| Admin services | 121 | – | 121 | ||
| Room hire | 23,891 | – | 23,891 | ||
| Service Delivery | 3,500 | – | 3,500 | ||
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| 29,699 | 1,742 | 31,441 | |||
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| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Bank interest received | 438 | 438 | 401 | 401 | |
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16
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
8. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| General Fund | 35,467 | – | 35,467 |
| Sainsburys - Cookery | – | 1,255 | 1,255 |
| Holidays | – | 10,040 | 10,040 |
| Rank Foundation - Time to Shine | – | 4,941 | 4,941 |
| Kayll Road Library | – | 8,375 | 8,375 |
| Welfare Rights Sunderland | – | 107,198 | 107,198 |
| Awards For All - Kayll Library | – | 9,638 | 9,638 |
| Rotary Club | – | 346 | 346 |
| BIC - Self Employment | – | 5,604 | 5,604 |
| Outdoor Activities | – | 2,128 | 2,128 |
| Community Foundation - Job Club | – | 7,694 | 7,694 |
| Building fund | – | 9,116 | 9,116 |
| T4C Holiday Activities | – | 1,412 | 1,412 |
| Warm Spaces | – | 61,774 | 61,774 |
| Library Development | – | 2,500 | 2,500 |
| KRL Improvements | – | 205 | 205 |
| Rothley Trust - Equipment | – | 721 | 721 |
| Seeds of Potential | – | 495 | 495 |
| Social Isolation | – | 3,000 | 3,000 |
| Access Foundation | – | 19,022 | 19,022 |
| EMR - ASB | – | 12,995 | 12,995 |
| Household Support | – | 18,116 | 18,116 |
| Wise Group - Relational Mentoring | – | 102,994 | 102,994 |
| Digital Hub | – | 531 | 531 |
| Toddler Group | – | 1,929 | 1,929 |
| Adult Social Care | – | 11,600 | 11,600 |
| Pavilion 36 | – | 85,450 | 85,450 |
| Pavilion refurbishment | – | 25,794 | 25,794 |
| Pavilion Open Day | – | 1,483 | 1,483 |
| Multiply | – | 141,129 | 141,129 |
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| 35,467 | 657,485 | 692,952 | |
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17
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
8. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| General Fund | 151,792 | – | 151,792 |
| Million Hours | – | 9,470 | 9,470 |
| Kayll Road Library | – | 12,802 | 12,802 |
| Welfare Rights Sunderland | – | 108,670 | 108,670 |
| Community Foundation - Job Club | – | 13,713 | 13,713 |
| Awards for All | – | 4,477 | 4,477 |
| LA6 Community Renewal | – | 3,947 | 3,947 |
| Building fund | – | 9,116 | 9,116 |
| T4C Holiday Activities | – | 12,348 | 12,348 |
| Warm Spaces | – | 31,303 | 31,303 |
| Library Development | – | 8,522 | 8,522 |
| Community Chest - Craft & Chat KRL | – | 14,852 | 14,852 |
| Small Grants | – | 20,607 | 20,607 |
| Sports England - Fitness | – | 2,880 | 2,880 |
| Wellesley Trust - YP Education & Training | – | 6,165 | 6,165 |
| Household Support | – | 9,147 | 9,147 |
| Wise Group - Relational Mentoring | – | 16,860 | 16,860 |
| Pavilion | – | 1,899 | 1,899 |
| Multiply | – | 33,916 | 33,916 |
|
|
|
|
| 151,792 | 320,694 | 472,486 | |
|
|
|
18
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
9. Analysis of support costs
| Total 2025 | Total 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Staff costs | 99,524 | 102,755 | |
| Premises | 17,284 | 17,816 | |
| Communications and IT | 2,761 | 5,415 | |
| General office | 16,558 | 12,995 | |
| Depreciation | 14,273 | 12,811 | |
|
|
||
| 150,400 | 151,792 | ||
|
|
||
| 10. | Net income | ||
| Net income is stated after charging/(crediting): | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Depreciation of tangible fixed assets | 23,389 | 21,927 | |
|
|
19
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
11. Independent examination fees
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 600 | 600 |
|
|
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 423,807 | 307,791 |
| Social security costs | 29,891 | 17,677 |
| Employer contributions to pension plans | 8,739 | 6,010 |
|
|
|
| 462,437 | 331,478 | |
|
|
The head count of employees during the year was 20 (2024: 17). The number of full-time and part-time employees during the year is analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Charitable activities | 20 | 17 |
|
|
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
Key Management Personnel
Kay management personnel are remunerated for their services as follows:
| 2025 | 2024 | |
|---|---|---|
| £ | ||
| Wages & salaries | 37,347 | 37,753 |
| Social security costs | 3,899 | 3,955 |
| Employers contribution to pension plan | 933 | 932 |
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
20
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
14. Tangible fixed assets
| Long | ||||||
|---|---|---|---|---|---|---|
| Freehold | leasehold | Plant and | Fixtures and | Motor | ||
| property | property | machinery | fittings | vehicles | Total | |
| £ | £ | £ | £ | £ | £ | |
| Cost | ||||||
| At 1 Apr 2024 | 486,524 | 78,812 | 14,618 | 111,875 | 32,800 | 724,629 |
| Additions | – | 186,993 | 5,416 | 11,121 | 5,501 | 209,031 |
|
|
|
|
|
|
|
| At 31 Mar 2025 | 486,524 | 265,805 | 20,034 | 122,996 | 38,301 | 933,660 |
|
|
|
|
|
|
|
| Depreciation | ||||||
| At 1 Apr 2024 | 184,624 | – | 4,630 | 101,981 | 18,400 | 309,635 |
| Charge for the | ||||||
| year | 9,116 | – | 1,092 | 5,408 | 7,773 | 23,389 |
|
|
|
|
|
|
|
| At 31 Mar 2025 | 193,740 | – | 5,722 | 107,389 | 26,173 | 333,024 |
|
|
|
|
|
|
|
| Carrying amount | ||||||
| At 31 Mar 2025 | 292,784 | 265,805 | 14,312 | 15,607 | 12,128 | 600,636 |
|
|
|
|
|
|
|
| At 31 Mar 2024 | 301,900 | 78,812 | 9,988 | 9,894 | 14,400 | 414,994 |
|
|
|
|
|
|
The long term leasehold property is leased until which time either party give notice to terminate the contract. The charity is obligated to pay a peppercorn rent of £15 per annum during their tenure.
20
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
15. Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade debtors | 44,911 | 136,381 | |
| Prepayments and accrued income | 3,760 | 3,437 | |
|
|
||
| 48,671 | 139,818 | ||
|
|
||
| 16. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade creditors | 1,672 | 12,687 | |
| Accruals and deferred income | 5,151 | 2,830 | |
| Other creditors | 234 | 976 | |
|
|
||
| 7,057 | 16,493 | ||
|
|
17. 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 £8,739 (2024: £6,010).
22
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
18. Analysis of charitable funds Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | At 31 March | |||||
| 1 | April 2024 | Income | Expenditure | Transfers | 2025 | |
| £ | £ | £ | £ | £ | ||
| General funds | 311,817 | 118,827 | (35,467) | 216,127 | 611,304 | |
|
|
|
|
|
||
| At | At 31 March | |||||
| 1 | April 2023 | Income | Expenditure | Transfers | 2024 | |
| £ | £ | £ | £ | £ | ||
| General funds | 255,458 | 78,639 | (151,792) | 129,512 | 311,817 | |
|
|
|
|
|
23
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
18. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | At 31 March | ||||
| 1 April 2024 | Income | Expenditure | Transfers | 2025 | |
| £ | £ | £ | £ | £ | |
| Building | 278,559 | – | (9,116) | – | 269,443 |
| Welfare Rights City of | |||||
| Sunderland | 53,207 | 102,891 | (107,198) | (8,700) | 40,200 |
| T4C - Holiday Activities | 362 | – | (362) | – | – |
| Wise Group Relational | |||||
| Mentoring | – | 102,994 | (102,994) | – | – |
| Kayll Road Library | (102) | 5,371 | (8,375) | 5,165 | 2,059 |
| Rank Foundation - Time | |||||
| to Shine | – | 17,079 | (4,941) | – | 12,138 |
| Rotary Club | – | 350 | (346) | (4) | – |
| BIC - Self Employment | – | 8,294 | (5,604) | (628) | 2,062 |
| Library Development | – | 3,000 | (2,500) | – | 500 |
| Awards for All - Kayll | |||||
| Road | – | 19,782 | (9,638) | (1,387) | 8,757 |
| Holidays | 3,987 | 10,490 | (11,090) | – | 3,387 |
| Rothley Trust - | |||||
| Equipment | 1,998 | – | (721) | – | 1,277 |
| Warm Spaces | (30) | 64,557 | (61,774) | (2,753) | – |
| Corona Virus Response | – | – | – | – | – |
| Job Club | 8,874 | – | (7,694) | – | 1,180 |
| KRL Improvements | 204 | – | (205) | 1 | – |
| Outdoor Activities | 6,519 | – | (2,128) | – | 4,391 |
| Household Support | 3,957 | 17,500 | (18,116) | – | 3,341 |
| Social Isolation | 3,000 | 1,228 | (3,000) | – | 1,228 |
| Pavilion Refurbishment - | |||||
| Capital | (80) | 197,422 | (2,457) | (194,885) | – |
| Pavilion 36 & | |||||
| Refurbishment | 42,210 | 174,081 | (108,787) | (101) | 107,403 |
| Multiply | – | 144,262 | (141,129) | (3,133) | – |
| YP Education & Training | 555 | 21,500 | – | – | 22,055 |
| Digital Hubs | – | 3,270 | (531) | (2,739) | – |
| Sainsburys Cookery | 1,500 | – | (1,255) | – | 245 |
| Toddler Group | 3,107 | – | (1,929) | (1,178) | – |
| Access Foundation - | |||||
| Digital Skills | 5,993 | 27,075 | (19,022) | – | 14,046 |
| EMR ASB | 13,571 | – | (12,995) | – | 576 |
| KGP Equipment | – | 4,800 | – | (3,498) | 1,302 |
| KGP Lighting | – | 2,320 | – | (2,320) | – |
| Seeds of Potential | – | 495 | (495) | – | – |
| Adult Social Care | – | 13,500 | (11,600) | – | 1,900 |
| Pavilion Open Day | – | 1,450 | (1,483) | 33 | – |
| Birkdale Trust - BSL | |||||
| Training | – | 3,000 | – | – | 3,000 |
|
|
|
|
|
|
| 427,391 | 946,711 | (657,485) | (216,127) | 500,490 | |
|
|
|
|
|
24
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
18. Analysis of charitable funds (continued)
| At | At 31 March | ||||
|---|---|---|---|---|---|
| 1 April 2023 | Income | Expenditure | Transfers | 2024 | |
| £ | £ | £ | £ | £ | |
| Building | 287,675 | – | (9,116) | – | 278,559 |
| Welfare Rights City of | |||||
| Sunderland | 73,940 | 104,002 | (108,670) | (16,065) | 53,207 |
| LA6 - Community | |||||
| Renewal | 3,947 | – | (3,947) | – | – |
| T4C - Holiday Activities | 2,294 | 11,399 | (12,348) | (983) | 362 |
| Wise Group Relational | |||||
| Mentoring | – | 20,401 | (16,860) | (3,541) | – |
| Million Hours | – | 9,800 | (9,470) | (330) | – |
| Kayll Road Library | 8,668 | 1,742 | (12,802) | 2,290 | (102) |
| Library Development | 5,522 | 3,000 | (8,522) | – | – |
| Northumbria Police - | |||||
| Payback | 3,588 | – | (3,588) | – | – |
| Strength & Balance | (1,000) | 1,000 | – | – | – |
| Holidays | 5,865 | 10,670 | (11,623) | (925) | 3,987 |
| Rothley Trust - | |||||
| Equipment | 569 | 1,500 | (71) | – | 1,998 |
| Warm Spaces | (2,538) | 36,681 | (31,303) | (2,870) | (30) |
| Corona Virus Response | 467 | – | (467) | – | – |
| Job Club | 17,929 | 5,698 | (13,713) | (1,040) | 8,874 |
| KRL Improvements | 300 | – | (96) | – | 204 |
| Outdoor Activities | 6,519 | – | – | – | 6,519 |
| Household Support | 5,637 | 7,000 | (8,680) | – | 3,957 |
| Social Isolation | – | 3,000 | – | – | 3,000 |
| Pavilion Refurbishment - | |||||
| Capital | – | 79,578 | (846) | (78,812) | (80) |
| Stop Loan Sharks | 208 | – | (262) | 54 | – |
| Pavilion 36 & | |||||
| Refurbishment | – | 43,263 | (1,053) | – | 42,210 |
| Awards For All | |||||
| Christmas | 4,977 | – | (4,477) | (500) | – |
| Multiply | 3,132 | 53,148 | (33,916) | (22,364) | – |
| Sport England Fitness | 2,940 | – | (2,880) | (60) | – |
| YP Education & Training | 8,960 | – | (6,165) | (2,240) | 555 |
| Digital Hubs | – | 486 | – | (486) | – |
| Sainsburys Cookery | – | 1,500 | – | – | 1,500 |
| Xmas Activities | – | 2,800 | (2,800) | – | – |
| Toddler Group | – | 7,000 | (2,253) | (1,640) | 3,107 |
| Access Foundation - | |||||
| Digital Skills | – | 14,470 | (8,477) | – | 5,993 |
| EMR ASB | – | 19,860 | (6,289) | – | 13,571 |
|
|
|
|
|
|
| 439,599 | 437,998 | (320,694) | (129,512) | 427,391 | |
|
|
|
|
|
25
Pallion Action Group
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
18. Analysis of charitable funds (continued)
Transfer of funds represent the following:
| 2025 | 2024 | |
|---|---|---|
| £ | ||
| Management fee | (12,461) | (8,758) |
| Projects that have ceased in the year | (135) | (1,095) |
| Fixed asset expenditure transfered to general reserves | (203,530) | (78,812) |
| Contribution to running costs | – | (40,847) |
|
|
|
| (216,126) | (129,512) | |
|
|
19. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Tangible fixed assets | 331,193 | 269,443 | 600,636 |
| Current assets | 287,168 | 231,047 | 518,215 |
| Creditors less than 1 year | (7,057) | – | (7,057) |
|
|
|
|
| Net assets | 611,304 | 500,490 | 1,111,794 |
|
|
|
|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | 136,435 | 278,559 | 414,994 |
| Current assets | 191,875 | 148,832 | 340,707 |
| Creditors less than 1 year | (16,493) | – | (16,493) |
|
|
|
|
| Net assets | 311,817 | 427,391 | 739,208 |
|
|
|
20. Analysis of changes in net debt
| At | |||||
|---|---|---|---|---|---|
| At | 1 | Apr 2024 | Cash flows | 31 Mar 2025 | |
| £ | £ | £ | |||
| Cash at bank and in hand | 200,889 | 268,655 | 469,544 | ||
|
|
|
26