REGISTERED CHAIUTY NUMBER: 1083150 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 FOR PALS ARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE C B Heslop And Company Lirnited Chartered Accountants i High Street Thatcham Berks RG193JG
PALS PARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE CONTENTS OF THE FINANCIAL STATEMENTS for the ear ended 5 APRIL 2024 Page Report of the Trusttts Independent Examiner's Report St4tement of Flnanelal Aetivities Balance Sbeet otes to tbe Financial St#tem¢nts 6 to 9 Detailed Statement of Finaneial Activities 10 lo Il
PALS PARTNERS FOR ACTIVE LEISURE SCH£ME WEST BERKSHIRE REPORT OF THE TRUSTEES for the ear ended 5 APRIL 2024 The trustees present their report with the financial st*ements of the charity for the year ended 5 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in ihe UK and Republic of Ireland (FRS 102) (effective l January 2019). ORJEcfivES AND ACTIVITIES Objectives aud aims The object of the charity is to give children with physical disabilities between the ages of 5 and 18 the chance to join in leisure opportunities, enabling them to make friends and gain greater independence, and at the same time, providing respite to their families. The charity also runs a Youy]g Adults group (18 to 25) in order to provide continuing support. The trustees ¢onfJmi that they have referred to the guidance contained in the Charity C.ommission's general guidance on public benefit when reviewing the trust'5 aims and objectiv and in planning further activitie5. ACHIEVEMENT AND PERFORMANCE Charitable gctivities The charity continues to provide activities for 5 kn 1 l year olds in the forn) of the Fun Factory. Activities Include crafts, Cooking and various sports and games. This group meets weekly in terni time. The PALS Youth Club group (PYC) provides support for young people from 12 to 18. meeting fortnightly and provides an opportunity for the members to increase theiT independence and extend their social nelMDrks, through participation in a range of activities, as well as residential trips. The charity also provides weekend and holiday activities. The Young Adults group provides additional support to the young people as they enter adulthood. Activities include visits lo the theatre, restaurants and lo¢al leisure facilities. Fundraising aetivlties The committee aim to maintain reSe¢S of unrestricted fund5 of an amount to COV¢T the expected costs for the following year. FINANCIAL REVIEW FinaneiAI positio This year the charity has received a grant from the local council which ha5 been used to help cover the costs of activities. Reserves policy The trustees aim to rnaintain free reserves in unrestricted funds so there are enough funds to cover all costs in the next year. FirruRE PLANS The cornmittee men)ber5 will continue to fund raise and target private and corporate donors. with a view to meeting the charity's objectives and reserves policy. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing do¢um¢nt. a deed of trust and constitut¢s.an unincorporated charity. PALS West Berkshire is a registered charity and was originally aifiliated to SCOPE, becoming independent in 2000. Re¢ruitment and appointment of new trustees Trustee's len of service con51Sts of a maximum of three tems of five years. unless there are exceptional circumstances where this may need to be extended by an inilial period of six months, which Could be extended by another six months and no longer. This needs to be a majority decision by the board. Page I
PALS PARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE REPORT OF THE TRUSTEES for the ear ended 5 APRIL 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1083150 Principal address Broadway House 4-8 The Broadway Newbury Berks RG14 IBA Trustees P Elsley JPWest H F J Bankes T R Snook (resigned 30.9.2023) R P Ireland EJLPott¢r J L W¢5t (appointed 7.4.2024) Indepehdent Examiner N Rivers FCA C B Heslop And Company Limited Chart¢red Accountants l High Street Thatcham Berks RG19 3JG Approved by order of the board of trustees on ............. ... . and signed on its behalf by: J P Wesl - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PALS ARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE Independent examiner's report to the trustees of PALS (Partners for Active Leisure Scheme) WÈst Berk8hire I report to the charity trustees on my examination of the accounts of PALS {Partners for Active Leisure Scheme) West Berkshir¢ (the Tnt) for the year ended 5 April 2024. Responsibilities and basis of report As the charity trustees of the Trust you ar¢ responsible ftlr the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the A¢t'}. J report in respect of my examination of the Trusvs accounts Caled out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b} of the Act. Independent exgminer's statement J have completed my examination. l Gonfimi that no matsrial matters have come to my attention in Connection with the examination giving me cause to believe that in any material respect: accounting records were nol kept in respect of the Tnlst as required by Section 130 of the Act" or the accounts do not accord with those records. or the accounts do not comply with the appllcable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view th1¢h is not a matter ¢onsidered as part of an independent examination. I have no concern5 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. N Rivers FCA C B Heslop And Company Limlted Chartered Accountants l High Street Thatcham Berks RG19 3JG Page 3
PALS PARTNERS FOR A1vE LEISURE SCHEME WEST BERKSHIRE srATEMENT OF FINANCIAL ACTIVITIES for th¢ egr ended 5 APIUL 2024 5.4.24 5.4.23 Total funds Unrestricted fi]nd Notes INCOME AND EIYDOWMENTS FROM Donations and legacies 33,561 20,857 Charitable activities Childrens activities 5,500 7,100 Other trading activities Invesbnent income 3,943 847 3,834 533 To¢al 43,851 32,324 EXPENDITURE ON Raising funds 2.987 1,701 Charitable activitie5 Childrens activities 47,325 42.733 Total 50.312 44,434 NET INCOMEI(EXPENDITURE) {6.461) (12,110) RECOIYCILIATION OF FUNDS Totsl funds brought forWd 93,081 105,191 TOTAL FUNDS CARRIED FORWARD 86,620 93,081 The notes forn] part of these fiT)ancial ststements Page 4
PALS PARTNERS FOR ACTIVE LEISURE SCHEME WEST BEIiKSHIRE BALANCE SHEET 5 APRtL 2024 5.4.24 5.4.23 Toial fund5 Unrestricted fund Notes FIXED ASSETS Tangible sets 4,920 6.566 CURRENT ASSETS Debtors Cash at bank 315 82,471 306 87.393 82,786 87.699 CREDITORS Amounts falling due within one year (1,086) (1,184) NET CURRENT ASSETS 81.700 86,515 TOTAL ASSETS LESS CURRENT LIABILITIES 86,620 93,081 NET ASSETS 86,620 93,081 FIJNDS Unrestricted funds 86.620 93,081 TOTAL FUNDS 86,620 93,081 ncial state ents were approved by the Board of Trnstees and authorised for issue and were signed on its behalf by: on J P West - Trustee The notes forni part of these financial statements Page 5
PALS ARTNERS FOR AcfivE LEISURE SCHEME WEST BERKSHIRE NOTES TO THE FINANCIAL STATEMENTS for the ve4r ended S APRIL 2024 ACCOUNTING POLICIES Basis of preparing the fJDancial statements The financial statements of the charity. which is a public benefit entity under FRS 102, have been prepared in accordance wryth the Charities SORP (FRS 102) 'Accounttng and Reporting by Charities: Statement of Recommended Prdctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been ppared under the historical cost convention. Ineome All income is recognised in the Ststemenl of Financial Activilies once the charity has entitlement to the funds. it is probable that the income will be received and the amount can be m¢&sured reliably. Grants and donation5 Grants and donations are only included in the Statement of Financial ActivAties when the general income recognition criteria aTe met {5.10 to 5.12 FRS 102 SORP). Expenditure Liabilities are recogni5ed a5 expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of e¢onomi¢ benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendithre is accounted for on an a¢¢ruals basis and has been classified under headings that aggregate all Cosl related to th¢ category. Where costs cannot be directly attribufrd to particular headings they have been allocated to activities on a basis Consistent with the use of resources. Tangible fixed ¥ssets Depreciation is provided at the following annual rates An order to write off each asset over its estimated useful life. Fixthres and fittings Motor vehicles Computer equTpment 250/0 on reducing balance 250/0 on reducing balance 330/0 on reducing balance Taxation The charity is exempt from tax on its chaTitable activities. Fund accounting UeStriCted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restri¢t¢d purposes within the objects of the charity. Restridions arise when specified by the donor or when funds are rai5¢d for particular r¢stri¢ted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial stalements. Foreign currencies Assels and liabilities in foreign Cenc1¢S ar¢ translated into sterling at the fdtes of exchange ruling at the balanre sheet date. Transactions in foreign currencies are translated into slerling at the rate of exchange lIng at the date of transaction. Exchange differences are taken into account in aLYing at the operating result. Page 6 continued..
PALS ARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE IYOTES TO THE FINANCIAL STATEMENTS- for the ear ended 5 APRIL 2024 ntinued OTHER TRADING ACTIVITIES 5.4.24 5.4.23 Fundraising events 3,943 3.834 INVESTMENT INCOME 5.4.24 5.4.23 Deposii account interest 847 533 TRUSTEES, REMUNERATtON AND BENEFITS There wer¢ no trustees, remuneration or other benefits for the year ended 5 April 2024 nor for the year ended 5 April 2023. Trustees, expenses There were no trustees, expenses paid for ihe year ended 5 April 2024 nor for the year ended 5 April 2023. STAFF COSTS The average monthly number of employees during the year was as follows.. 5.4.24 5.4.23 Employees No employees received emoluments in excess of £60.000. TANGIBLE FIXED ASSETS Fixtures Motor vehicle5 Computer equipment fittings Totals COST At 6 April 2023 and 5 April 2024 13,421 14,989 515 28,925 DEPRECIATION At 6 April 2023 Charge for year 13,245 8,666 .580 448 22 22.359 1.646 At 5 April 2024 13.289 10,246 470 24,005 NET BOOK VALUE At 5 April 2024 132 4.743 45 4,920 At 5 April 2023 176 6,323 67 6,566 Page 7 continued...
PALS PARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE NOTES TO THE FINANCIAL STATEMENTS- continued for the 'ear ended 5 APRIL 2024 DEBTORS: AMOUNTS FALLING DUE wrfHIN ONE YEAR 5.4.24 5.4.23 Prepayrnents 315 306 CREDITORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 5.4.24 5.4.23 Taxation and social 5urity Oth¢r Creditors 335 751 464 720 1,086 1,184 MOVEMENT IN FUNDS N¢t movement in funds At 5.4.24 At 6.4.23 Unrestyieted funds General fund 93,081 (6,461) 86,620 TOTAL FUNDS 93,081 {6,461) 86.620 Nel movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in ndS UrtrIcted funds Gey)eral fund 43,851 (50,312) (6,461) TOTAL FUNDS 43,851 {50,312} (6,461) Comparatives for movement in funds Net movement in funds At 5.4.23 At 6.4.22 Unrestricted funds General fund 105,191 (12,110) 93,081 TOTAL FUNDS 105,191 (12,110> 93,081 Page S continued...
PALS ARTNERS FOR A1VE LEISURE SCHEME WEsf BERKSHIRE NOTES TO THE FINANCIAL STATEMENTS- continued for the ear eDded 5 APRIL 2024 MOVEMENT IN FUNDS - continued Comparntive net movernent in fimds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrleted funds General fund 32.324 (44.434) (12,110) TOTAL FUNDS 32.324 (44,434) {12,110) A current year 12 months and prior year 12 months combined position is as follows: Nel movement in fund5 At 5.4.24 At 6.4.22 Unrestricted funds General fund 105.191 (18,571) 86,620 TOTAL FUNDS 105.191 (18,571) 86,620 A ¢urr¢nt year 12 months and prior year 12 months combined nel movem¢nl in hnds, included in the above are as follows: Incoming resources Resources expended Movement in fvnds Unrestricted funds General fund 76,175 (94,746) (18,571) TOTAL FUNDS 76,175 (94,746) (18,571) io. RELATED PARTY DISCLOSURES There were no related party iransaclions for th¢ year ended 5 April 2024. Page 9
PALS PARTNERS FOR ACTIVE LEISURE SCHEME WEST BERKSHIRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the ear ended 5 APRIL 2024 5.4.24 5.4.23 INCOME AND ENDOWMENTS Donations 2nd legacies Donations 33,561 20,857 Other trading activities Fundraising events 3,943 3,834 Investment income Deposit account interest 847 533 Charitable activities Grants 5.500 7.100 Total incoming resources 43.851 32.324 EXPENDITURE Raising donations and legacies Fundraising & publi¢ity 2,987 1,701 Charit4ble activities Wages Postage and stationery Sundries Activities c05t5 Volunteers expenses C(pordinator expenses 25,781 432 4.934 7.521 90 1.196 23,802 256 857 9.192 199 1.284 39,954 35,590 Support eosts Management Insurance Telephone Stationery & office supplies Advertising Training costs Fixtures and fittlngs Motor vehicles Computer equipment 747 815 727 708 1.196 338 ,050 59 2.108 33 421 ,559 44 1.581 22 6,333 6,219 Fingnce Bank charges 60 104 Governance costs Auditors, remuneration for non audlt work Carried forward 778 778 720 720 This page does not forni part of the statutory financial statements Page 10
PALS PARTNERS FOR ACTIVE LEISURE SCHEME WE BERKSHIRE DETAILED STATEMEIYT OF FINANCIAL ACTIVITIES for the ear ended 5 AfRtL 2024 5.4.24 5.4.23 Governance Costs Brought forward Professional fees 778 200 720 loo 978 820 Total resources expended 50,312 44,434 Net expenditure {6.461) (12.110) This page does not forn) part of the statutory financial statements Pagell