Registered number: 04167948 Charity number: 1088536 PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) AUDrrED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
PAC - posrrivE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) CONTENTS Page Referenc• and administratlve detalls of the charity. its trustses and advisers Trusts•s' roport 3-13 TNstaO8' respon$lbllltle8 Statement 14 Independent audltors. report 15-18 statsment of flnanclal activities 19 Balance sheet 20 ststement of cash flows 21 Notss to the financial statements 22-37
PAC - posrrivE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trusloas K Broadhurst N Barrow A Dewhurst N Stone Company rnglstarnd number 04167948 Charity raglstarod numbèr 1088536 Reglstsred offlce Hills House Leeds Road Nelson Lancashlre BB9 8EL Company secretsry C Bennett CEO C Bennett Independent audltors Smith & Goulding Limited Chartered Accountants and Statutory Audltors 2 Southport Road Chorley Lanc8shire PR7 1LB Page 1
PAC- POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) REFERENCE AND ADMINISTRATNE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Advl$ers (continued) Bankers Unlty Trust Bank PLC Nine Brindleyplace Bim)ingham 812H8 Investment Advisor CCLA 85 Queen WictOTia Street London EC4V 4ET Page 2
PAC . POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the audited financial statements of the charity for the year April 2023 to 31 March 2024. The Trustees confinn that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the coMpanS governing doGument and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) Since the charily qualifies as small under section 383. the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directorfs Repcrt) Regulations 2013 is not required. Objectlves and Activities . POLICIES AND OBJECTIVES The charfty'5 objectives are specifically restrlcted lo the followlng:_ To provide public benefits for the inhabitants of the North of England wrthout distinction of sex, or of political, religious or other opinions, by associating the Local Authorities, Voluntary Organlsations. and local inhabitants In the following ways: The prevention and the relief of povety. (li) To promote the education of persons who through their social and economic Glrcumstances are in need and unable to gain employment and In particular to provide or support schemes where such persons may acquire and develop vocational skills which will enhance their employment prospects their physical and emolional health and well-being. {ili} To provide facilities in the interest of social welfare for ¢ation and leisure tlme occupalion with the object of Improving the conditions of life of those persons In need, hardship or dlstress. (iv) To advance education for the public benefit by providing advice and guidance upon questions of unernplonent, housing, domestic abuse, safeguarding and social welfare and related topics (v) To assist persons of limlted means in cases of social hardship or ecDnomic misfortune upon terms appropriate to their means whether or not members of the society to find appropriate living accommodation and whilst so doing to provide where possible temporary shelter in properties managed by the charity from time to time. b. ACTIVITIES FOR ACHIEVING OBJECTIVES Positive Action in the Community GUentlY manages ten main projects: Safespace Pendle providing supported accornmodation and support for homeless young people aged 16- 21yrs Safespace Ross8ndale, providing supported accommodation and support for homeless young people aged 16-21yrs HAPI (Homelessness Awareness and prevention interventions) vthich supports young people aged 14- 25sffs across Burnley, Pendle and Rossendale to prevent homelessness through eady inteD/ention and family support, and also to respond to crisis homelessness in accessing accommodation. Be Free fomierly known as PDVI which provides a holistic community based sUPPOrt pad(age for viclims of domestic abuse, including one to one and group support BE Free - SafeHouses which provides shared accommodation In Pendle for victims of DomestiG Abuse an(J thelr children Be Free - The Lookout which support5 young people aged 4-18 who are affected by or living wlth domestic abuse In Pendle Page 3
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) TRUSTEES. REPORT (contlnued) FOR THE YEAR ENDED 31 MARCH 2024 BE Free - RAH (Reducing Aggression and Harm) which supports young people aged 418 yrs in Pendle who are displaying hannful behaviours towards olhers. to address these b8haviours, develop alternative strategies 8nd improve their mental health and wellbeing. Evolve which provides counselling and life skills development programmes to those primarily in receipt of other Posltive Action in the Community services as well as our youth work offer. Employability which is part of a larger partnership assisting those furthest away from the job marf(et to engage in training, education and employment. YMHFA, SafeTalk and ASIST training tsordination is a public health contract we hold to c(>ordinate the delivery of free training to the children and young people's workforGe to support the earfy intervention approach and increase mental health and wellbeing in Lancashire The Annual General Meeting. PAC meetings and Strategic Planning Meetings are utilised to allow PAC to look at its aims. objectives and management structure as well as providing appropriate level support to sustsinability of the projects as well as looking at development opportunities through evidence of need. PAC has clear and well estsblished financial reporting procedures, with appropriate levels of delegation to support this. PAC has referred to the information contained within the Charity Commission's general guidance on public benefit when reviewing its aims and objective5 and in planning its future activtties. In particular, the trustees consider how all their projects activities will contribute to the aims and objectives they have set via their business plans, action plans and risk assessments which are reviewed annually. The Directors l Trustees would once again like to thank all staff throughout their prolects for their hard work and commitment in maintaining and developing high level quallty seNices to some of the most vulnerable people in Pendle, Bumley and Rossend8le. Our ability to engage and conlribute strategically at a local and national level has resulted in continued success and growth of the charity which has further more ensbled to us to develop new innovative projects to meet the needs of our local communities. PAC and its projects have received funding from: LCC Supporting People Houslng Benefit Pendle Borough Council Children in Need Lancashire County Council Lancashire Public Health Rossendale Borough Council Police Crime Comrnis5ioner Active Lancashire Pendle Borough Council Safenet Child Action North West Lottery Funding Families Health and Wellbeingl Spring North Neighbourly Community Foundation Many donations have also been received from individuats and businesses who have donated through sponsored events and individual circumstances. PUBLIC BENEF The trustees Gonfirm that, in accordance with thelr duty In sectlon 17(5} of the 2011 Charities Act, they have paid due regard to the Charity Commission guldance on publlc benefft reporting in deading what activities th8 charty should undertake. The remainder of this Annual Report explains the charitys work during the period and how il has been carried out for the public benefit. Page 4
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 c. VOLUNTEERS PAC currently has no volunteers, however we hope to expand our volunteer programme In 2023124. Volunteers tsken on by PAC are to be experienced in working with our dient group and support our paid staff to deliver group work, trips and activitles and appropriate support. Achievements and perfonnance a. REVIEW OF ACIIVITIES PAC Our year of 2023-2024 saw the resignation of our long tenn Chair, Sue Blgg5. We sincerely thank Sue for her dedicats'on, commitment. support and direction provided to PAC over her years as a trustee. vice Chair and latterly Chair of the board and wish her all the very best for her fijture. As a result we held a recruitment drive to replace our Chair. this included advertising extemally and intemally. Following this we successfully appointed Neal Stone (who was previously Vice Chair) as OUT new Chair. We welcomed Neal, whom has committed to a 3 year temi as Chair of trustees lo allow his position to develop and progress with the needs of PAC includlng the priority of recruiting futher trustees to complement the skills sel of the current board and to 5UPPOrt PAC'S plans for the future. Along wlth hls appointment. Nicola Barrow was appointed as Vice Chair, and we retsined Andrew Dewhurst as our Treasurer and retained Karen Broadhurst as a trustee. 2023-24 continued lo be jam packed wrth development and strategy and operations. We moved all the ntral team, SLT and Be Free team Into our new building and started to settle in. Some refurbishrnents were made along with plans for brandlng and further training room developments planned for 24-25. The move into our own buildSng has certainly brought more settlement and opened up opportunities for PAC in the future. Recruitment, and retention also remained a challenge at the start of the year, leading to some changes in management positions, but we pleased to say that the majority of management positions were able to be filled intemally through prornotion and development of peoples skllls. We complete our recruitrnent drives through open and transpant procedures, and it is a tribute to our staff when th8y are successfully appointed in lo higher posltions of responsibility. This was also complimented by the recruitment of 2 new roles, which were advertised internally and externally for posts as Registered Service Manager and also a Development Manager. both essential roles for compliance and sustainability for PAC services and these were also filled by intemal candidates. Fundraising and Community engagement remained high on our agenda during 2023-24. with the launch of our very first 12 month prize draw, which concludes in September 2024, and we saw a significant increase in fundraising and support from the public including being the chosen charity to benefit from a local music festival and also a significant increase in businesses opting to support us as part of their Corporate Social Responsibility. Servic8s and projects continued to grow in response to need throughout 23-24. which included us receiving our first significant grant funding from health I ICB via the consortium Spring North. This enabled us to pilot addwtional mental health support in our supported accommodalion, and also allowed us to expand our training offer. Both of which significantly embedded the role of lived expeTience within their development and delivery. Other key developrnents in our delivery induded securing funding to deliver a Know Your Neighbourhood project Just for Burnley to address soclal isolation, this project compliments our other provision, and also allowed us to have a more established presence in Burnley alongside our HAPI project whlch also covers the Burnley area. Our Safespace projects also saw significant change and development this year, meeting the reglstration Page 5
PAC - POSITIVE ACTION IN TrIE COMMUNITY LTD (A ¢ompany Ilmlted by guarantee) TRUSTEES, REPORT (contlnuod) FOR THE YEAR ENDED 31 MARCH 2024 requirements of Ofsted, implementation of our refurbishment plan for decoratlon and furniture across both sites, and also embarking on achieving the Trauma Informed quallty rnark for our project (still In progress. Our Bè Free team grew in response to the changes and implementallon of the statutory duties of the Domestic Abuse ACL and expanding our offer within the Rossendale area. We completed our MPT Steps Employabllity conlract (as a partner of Active Lancashire), meeting and exedIng in a significant number of tsrgets, as such we were chosen to continue d81ivery in the new programm8 Moving Fowdrd under UKSPF funding managed by SelNet whiGh continues until March 26. Our strategic role in various forums an(J boards has continued, including; Lancashir8 Housing Reference Group, Lancashire Domestic Abuse Forum, Pan Lancashire Strategic Domestlc Abuse Board, Bumley, Pendle and Rossendale Homeless Forum, Pendle Youth Forum, Rossendale Community Alcohol Partnership,. Nelson Town Deal, VCFSE Alllance, VCFSE Referen Group (ICBIMentsl Health). Spring North, P8ndle 88ng, Rossendale BOB Club, CDOP, Domestlc Homlclde Reviews, Pendle Community Safety Partnership, as well as attending relevant consultations an conferences. Additionally the year ended wlth a new opportunity emerging in relation to being a board member for a £20 million long tem plan fund (for over 10 years) to be delivered in Nelson. As such PAC continues to serve our communlty wlth public benefit and responds accordingly to their needs. The year ahead for us however Is a slgnificant one, where we expect to see the tenders released for both our safeSpa projects, that all our domeslc abuse seniices being retendered as a Lancashire wide provislon, the release of the tender for the LanCashI Victlms seICe, and also a tender opportunity via the ICB for dellvery of mental health support. Clearly we need to ensure that we respond to all such opportunities as part of our sustainability plan, as well as developing and exploring additional funding streams to ensure Ihat we can continue to provide the servlces and meet the needs we have identified. Ba Free Community Provision A responsive service continued to be available for both adults and thlldren in Pendle 8nd Rossendale, with self referrals continuing to be our highest refeal source. Support continued to help service users to improve thelr level of safety and emotional resilienGe, empowered them to make infonned choices and live independ8nt and fulfilled lives. The following services were available for adults in Pendle and Rossendale to aGGess; Helpline support Live chat support IDVA support One to one support Risk management Bespoke safety plannlng MARAC representation Sanctuary support to secura homes Referrals to safe accommodation Legal advocacy Emotional advocacy Support with criminal and dvll law Support with private and publlc proceeding5 Access to specialist family support to address the impact of Domestic Abuse on parenting Group support Recovery programmes Counselling Regular support reviews to meet emerglng needs Clear exit pathways to maintain outcomes achieved Page 6
PAC- POSITNE ACTION IN THE COMMUNITY LTD (A company Ilmited by guarantse) TRUSTEES. REPORT (contlnued) FOR THE YEAR ENDED 31 MARCH 2024 The following services were available for children and young people to acce5S' Age appropriate initial assessments Programmes of one to one support Drawing and Talking therapy Sibling sessions YPVA support; including support to report abuse to the Police. criminal trial support, representation at MAR4C Advocacy, ensuring children and young people's voices were seen. heard and believed Bespoke and age appropriate safety planning Regular support reviews to meet emerging needs Clear exit pathways to maintain outcomes achieved We continued to deliver the 'Connect and Respect. healthy relationships programme in Pendle and Rossendale primary schools, secondary schools (including SEND schools and PRU'S) and community groups. This was part of a wider pathership offer for all Lancashire schools commissioned by LCC. We continued to provide acce55 to specialist support for parents impaGted by Domestic Abuse; inclusive of those who had care of a chlld under 18 years of age, were pregnan( had experienced miscarriage, termination (through choice and coercion) or who had lost care of a child through private and public proceedings as a result of Domestic Abuse. This support wa5 restricted to Pendle only due to the funding arrangements. The types of support provided have been individual to each service user, enabling them to lead their support joumey with us and acce5S SUPPOrt at a pace directed by them. Accommodatlon Services We continued to prowde 6 unlts of supported accommodatlon for women and chlldren escaplng Domestic Abuse. Throughout 202312024 we continued to provde provlslon for women with complex needs. reducing the number of non-admlssions for these reasons and to ensure sUPPOrt was available for those who needed additional support to maintain their stay in supported accommodalior). The provision of a dedicated children's worker ensured children received the specialist support they needed when fleeing Domestic Abuse to a place of safety, and the change this brought to every aspect of their lives. Support also included transitional support to support women and children resettle into the Gomrnunity following their stay in safe accommodation. Be Free have continued to be represented at operational and strategic boards in relation to Dornestic Abuse. Feedback from Be Free service users included" "I couldn't ask for bett8r support, I was supported all the way through my joumey.. "In my opinion the accommodation helped my needs and supported me when my anxiety and depression got the better of me. Th8 Staff were very helpful and understanding when expressing my needs.. he best thing about living in the accommodation was feeling safe after traumatic incidents. Chatting with support workers who were able to share their knowledge and help me not to feel alone in my situation. Them being so approachable helped me to share my experience, whlch as a private type person I have never prevlously felt comfortable doing." Safespace Safespace has continued to provide access to safe and supported accommodation for young people Page 7
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantoo) TRUSTEES. REPORT (contlnued) FOR THE YEAR ENDED 31 MARCH 2024 experiencing hom8lessness. 33 units of accommodation have been available at our sites In Pendle and Rossendale. Support enabled young people to have support tallored to their emerging needs and to help them overcome Iraumatic life experiences that contributed to them experiencing homelessn8SS. Young people have been supported to manage their finances effectively, develop independent living sk511s induding cooking, deanlng and dolng laundry, manage their emotional wellbeing, receive targeted support for mental health, alcohol and substsnce use and to make plans for their future Including participation in Iraining, education and emplownent. Outcomes achieved at Safespace Rossendale over the course of the year induded., 39 young people accornmodated The average length of 5tsy was 204 days Occupancy rate was 98.01 Yo Of those that moved on.,. 1000/0 of young people developed a support network In preparation for independent living 96LA> were supported to maximise their income, manage their finances and live within thelr budget Outcomes achieved at Safespace Pendle over the course of the year included; 51 young people accommodated The average length of stay was 231 days Our occupancy rate was 98.13% Of those that have moved on. 100Yo of young people developed a support network in preparation for independent livlng Of those that required support wlth employment, 86Yo secured paid work 89% were able to participate In their desired training or educatSon n line with new supported accommodation regulations, PAC applied for Safespace to be Ofsted reglstered within the deadline (October 2023) to contirbue to legally oper8te and accommodate young people who are Children Looked After. HAPI HAPI continued to provide a service for young people at rfsk of homelessness and In need of preventstive support. Young people had access to support vla phone, In person and online gnd this was provided on both a planned and unplanned basis. Support from allocated support workers was provided and support was tailored to individual need. which was reviewed regularfy to ensure emerging needs were identified and considered and that support was infomied by the young person. Drop in sessions were provided throughout the Bumley. Pendle and Rossendale area to ensure we were accessible to all. Of the young people referred,, 36 accessed one off advice 318 acSSed one to one 5UPPOrt 5 young people accessed mediatlon 297 accessed advocacy support 60 accessed support to apply for benefits 269 accessed support regarding their existing housing 60 accessed support to source emergency accommodation 62 required support regardlng Chlldren's Social Care interventrons 80 requlred referra15 to other services 29 have acce55ed our emergency fund 8 have accessed our resettlernent fund In addition to the above targeted work wlth young people at risk of home18ssn8ss, educational workshops were delivered in schools and colleges. Page 8
PAC- posrrivE ACTION IN THE COMMUNITY LTD (A company limited by guarantee TRUSTEES, REPORT (contlnued) FOR THE YEAR ENDED 31 MARCH 2024 EVOLVE Evolve has delivered on a number of programmes to help adults, young people and children within our Io(21 community to reach their potential and thrive. This has been delivered through Ihe following provision arrangernenls: Counselling Therapeutic interventions have been provld8d to PAC sep4ice users, providing direct referral pathwasE for counselling provision, reducing the demand on health services and the length of time service users are waiting for this essential support. This has been pivotal to their journey to healing following their experiences of Domestic Abuse and youth homelessness. Additionally, we have worked on an emotional health 8nd wellbelng contract funded by LCC to deliver programmes of counselling to children and young people throughout East Lancashire. EMplOent support Employment support was available to local residents. predominantly in the areas of Bumley, Pendle and Rossendale, to support those who were not in work to develop their skills and experlence. create a CV, obtaln support wlth job searching, develop interview skills and receive support with thelr personal development to overcome barrier5 to emploent. Loneline55 SUPPOrt and interventions In July 2023. we launched a new project in Bumley. funded by The National Lottery, to support people experiencing loneliness and i801ation. Support included individual assessments and bespoke support plans to meet their needs, drop in servlces, peer SUPPOrt groups and activities to empower people io build support nelworks and improve theSr personal wellbeing. Youth provlslon We contlnued to provlde acce5S to youth prDvision, 2 sessions a week delivered at our youth centre in Waterslde, Colne. Thls was complimented by our invofvement In HAF durlng Easter, Summer and Christmas. Detached youth workwas delivered in Pendle and Rossendale. alongside LCC'S targeted youth support team to reach young people in plaS where they are at. aiming to reduce engagement in ASB. We continued to employ a youth engagement wort(er. based in ihe Pendle Yes Hub V¥ith Active Lancashire, to provide support with employTnent, personal development and other youth needs. Public Mental Health Training We continued to Co-ordinate and deliver mental health and suicide prevention across Lancashire. 60 courses had been delivered in 202312024. Flnanclal revlew a. GOING CONCERN After making appropriate enquiries. the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concem basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounling Policies. b. PRINCIPAL RISKS AND UNCERTAINTIES The Trustees have assessed the major risks to which the charlty Is exposed, In parttcular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. Significant consideration has been given in regards lo GDPR GomplIan, and as a Page g
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) TRUSTEES. REPORT (contlnued) FOR THE YEAR ENDED 31 MARCH 2024 result we have an active ongolng actlon and implementation plan ¢. RESERVES POLICY The Charity maintains a reserves policy in order to prornote sustainability and growth. This policy alms to resepie 6 months core running costs alongside fvnds allocated to running costs, staff training and charity growth. However, we curr8ntly hold 3 months and are aiming to get to the 6 months as per best practice. The trustees have reviewed the r8Stricted funds of the charity and made transfers to designated and unrestrlcted funds where appropriate. The restrlcted reseNes consist of funds received committed to project delivery. During 202312024 Trustees designated reserrfes to a Sinklng Fund to replace and maintaln the Fumiture fixtures, fittings and decoration at Safespace Pendle. Rossendale and Be Free at the end of thelr Ilfecycle, In line wth contractual obligations required by our Landlord. Trustees also designated a maximum £48.000 from reserves towards Charity Management. Governance. IT and Stsff Training and a further £56.000 towards strategic developmenL £25,655 was also deslgnatsd to asist ryth the development of the EVOLVE waterside development which has now been fully spent, In 202312024 the remaining unrestricted, unall¢xated reserves equated to approximately 3 4 months core running costs providing sustainability to the Charlty at a tSme when funding sources are changing dramatically and funding contracts are available for shorter time periods. d. FINANCIAL REVIEW The Statement of Financial Activities and Balance Sheet set out the financial p051tlon of the Charity. Incoming resources for the year ending 31 March 2024 amounted to £1,882,293. sOUrceS 8xpended £1,819,350 producing a surplus of £62,943. This leaves total charitable fund8 of £791,030. Structureg governance and managernent . CONSTITUTION The charity is constituted under a Memorandum of Association dated 26 February 20018s amended by Special Resolutions dated 15 May 2001 and 2 October 2001 and is 8 registered charity number 1088536. The charity was incorporated on 26 February 2001 and commenced trading on that date. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management of the charily is the responsibility of the Trustees who are elected and capted under the tenns of the Articles of Association. Namely that the process Is open to other individuals or organisatlons who apply to the charity in the fomi required by th8 directors; and are approved by the directors. Throughout the financial year we have received funding to advertise trustee roles through 8 INstee recruitment agency. This was aimed at Indlvlduals wkh partlcular skill sets. Applications are then completed and sent in lo thè Chair and thè Chartty Manager. Upon approval, the newly appointed trustee is required to fill out a self-assessment fom to Identify any training needs. If anything is tlagged up, courses are Ihen provided to the Indlvldual. Page 10
PAC - POSITIVE ACTION IN THE COMMUNrrY LTD {A company limited by guarantee) TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 The directors may only refuse an application for membership if, ading reasonably and properly, Ihey conslder it to be in the best interests of the charity to refuse the application. Trusteeship is not transf6rable. c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES Policies adopted for the induction and training of Trustees are: PAC Trustee Induction Pack PAC Trustse Role Description PAC Trustee Leave of Absence Policy PAC Trustee Structure d. ORGANISATIONAL STRUCTURE AND DECISION MAKING PAC is a charitable company limited by guarantee. Members of the board in their roles as trustees of the charity and as Directors of the company I management committee a responsible for ensuring that the financial and administrative affairs and controls of the organisation are conducted In aCrdanCe with legal requirements and best practice. PAC has appointed a Company Secretary who is responsible for ensuring that the requirements of Ihe Charities Act 2011. Companies Acts 2006 and Trustees Act 2000 and other statutory requirements relating to companies are adhered to. PAC has appointed a Treasurer who maintains oversight of the finances of the organisation, ensuring that the Board is appropriately informed of the financial situation of the organisatlon and that ststutory requirements are met. Twstees ensure that arrangements have been made for accounts to be extemally independently examined on a yeady basis, and that annual accounts are produced and approved. For those years where the income exceeds the audlt threshold, an extemal audit wll be conducted. The PAC CEO has responslblllty for the strateglc leadership, direction and management of PAC - Positive Action in the Community and the projects within It. The CEO must work in line with budget and business plans as agreed by the Trustees of PAC. The CEO is also responsible for overseeing the financial sustainability of PAC, for liaison with the project managers, identifying development opportunities, and for preparing reports for the Trustees. The tnjstees have decided to delegate some of the day to day decision making, in relation to contracts, purchaslno of supplies and the control of assets to the CEO. PAC has appointed a project manager for each project who report to the CEO and have day to day responsibility for the projects within PAC including quality of provision and Health and Safety. The Project managers are responsible for ensuring that financial policy and procedures are followed and that timely infomialion is provided as required to the Head of Business and Finan and CEO. e. RISK MANAGEMENT The tW5tees have assessed the major risks to which the charity is exposed, in partiGular those related to the operations and finance5 of the charity, and ar& satisfied thal systems and procedures are in place to mitigate our exposure to the major risks. Page11
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A Company limlted by guarantee) TRUSTEES, REPORT {contlnued) FOR THE YEAR ENDED 31 MARCH 2024 Two of the major risks facing PAC include: PAC receives limited unrestricted income and needs lo diversify. The COVID-19 pandemSc has severely affected the capacity to generate unrestrfcted funding vla the rnarketing and fundraising strategy. The strategy will Continually be reviewed to find innovative altemative routes for funding, and minimise risks for the benefit of PAC and its service users. PAC continued to invest In a Partnership and Community Eng8g8m8nt Officer tn 202312024 to help drive this forward. PAC provlslon of supported accornmodation icame out to tender in 2024. Rlsks will be rninimised by ensuring that 8dequate resource and support is given throughout the process to maximise opportunity for Success. Plans for future perlods a. PLANS FOR THE FUTURE AND FUTURE DEVELOPMENTS Plans for the future 202412025 viill inevitsbly be slrongly inftUend by the Government direction and management due to recent govemment Ghanges. The 2020 2025 Strategic Plan for PAC is coming to an end in the next financial year so the nexl 5 year strategic plan will be set. Future Plans To recruit new trustees, and Increase diverslty and community representation within the board To meet all the charity and company requirements To remain strategically relevanl and actively engage with local and natlonal strategic aims PAC to explore gaps in ser41ce and pursue opportunities for development To Identlfy potential sources of funding for any development opportunities in line with the approved straleglc and operational plans To ensure PAC and all its projects are adequately staffed to meet required delivery, and ensure outcomes can be achieved. Page 12
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limSted by guarantee) TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 MEMBERS. LIABILITY The Members of the charity guarantse to contribute an amount not exceeding £1 to the assets of the chaiity In the event of 1ndIng up. DISCLOSURE OF INFORMATION TO AUDITORS Each of the persons who are Trustees at the time when this Trustees. report Is approved has confinned that: so far as that Trustee is aware, there Is no relevant audft infomiatlon of which the charftsble companvs audilors are unaware. and that Trustee has taken all the slaps that ought to have been taken as a Truste8 in order to be aware of any relevant audlt Informatlon and to estsblish that the charilable CoMpanS auditors are aware of that Inforynation. AUDITORS The auditors. Smith & Goukling Limited. have indicated their willingness to continue In office. The Designated Trustees will propose a motion re-appointing the auditors at a meeting of the Trustees. This report was approved by the Trustees, on s1.1?5 and signed on their behalf by". Trustee Ttvstee 2r. Page 13
PAC - POSITIVE ACTION IN THE COMMUNITY LTD IA company Ilmlted by guaranto8) TRUSTEES. RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees (who are also directors of Positive Action in Ihe Community for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prdctice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of th8 Stat8 of affairs of the charitable company and of the incoming resource5 and application of resources, including the incorne and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: select suitable accountlng pollcies and then apply them consistently, obsenie the methods and principles of the Charities SORP: make judgments and accounting 8Stimates that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed, subject to any material departures disGlosed and explained in the financial statements: prepare the financial statements on the going COnM basis unless it is inappropriate to presume that the charitable company will continue in operation. The Truslees are responsible for keeping adequate accounling records that are sufficient to show snd explain the charitable companvs transactions and disclose with reasonable accuracy at any time the fin£ncsal position of the charitable company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularitles. The Trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the charitable CoMpanS website. Legislation in the United Kingdom governing the preparation and diss8mination of financial statements may differ from legislation in other jurisdictions. Page 14
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF PAC - POSITIVE ACTION IN THE COMMUNITY LTD OPINION We have audited th8 financial statements of PAC - Posltlve Actlon In the Community LTD (Ihe 'charity) for the year ended 31 March 2024 which comprise the Slatement of financial activitles incorporating income and expenditure account, the 8alance sheet, the Stslement of cash flows and the related notes, Includlng a summary of significant accounllng pollcles. The finanaal reporting framework that has been applied in theSr preparation is applicable law and United Kingdorn Accounting Slandards, including Financial Reportlng Standard 102 'The Financial Reporting Slandard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounling Practice). In our opinion the financi81 statements.. give a true and fair view of the state of the charitable compans4s affairs as at 31 March 2024 and of its Incomlng r&gources and application of resources. including its income and expenditure for the year then ended: hav8 been properly prepared in accordance with United Kingdom Gen8tally Accepted Accounting Practice. and havo been prepared in accordance with the requirements of the Charities Act 2011. BASIS FOR OPINION We Conducted our audit in accordance with Intemalional Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responslbllltles for the audit of the flnancial statements section of our report. We are independent of the charitable company in accordance wlth the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, indudlng the Financial Reporting Council's Ethical Stsndard, and we have fulfilled our other ethical responslbilities in accordance with these requirements. We believe that the audit 8vid8nce we have obtained is sufficient and appropriate to provide a basis for our opinion. CONCLUSIONS RELATING TO GOING CONCERN We have nothing to report in respecl of the following matters in relation to which Ihe ISAS (UK> require us to report to you where: the Trustees, use of the going concern basis of accounting in the preparatlon of the financial statements is not appropriate; or the Trustees have not disdosed in the financial statements any identified material uncertainties thal may cast significant doubt about the charitable companls abllty to contlnue to adopl the going concem basis of accounting for a period of at least twelve months from the date when the financial stalements are authorised for issue. OTHER INFORMATION The Trustees are responsible for the other information. The other infonnalion comprises the infonnation included in the Annual report, other than the financial statements and our Auditors, r8POrt thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thar80n. In connection with our audit of the finanaal statements, our responsibilty is to read the other InfOnatiOn and, in doing so. consider whether the other infomation is materially inconsistsnl with the financial ststernents or our knowledge obtained in the audit or otherwise appears to be materially mi&8tated. If we identlfy such material Page 15
PAC - POSITIVE ACTION IN THE COMMUNITY LTD {A Gompany limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF PAC- posrrivE ACTION IN THE COMMUNITY LTD inconsistencies or apparent material misstatements, we are requlred to det8rmln8 wh8th8r there is a material mi5Statement in the financial stat8m8nts or a material misststement of Ihe other information. If, based on the work we have performed, w8 conclude that there is a material misstatement of Ihis other information, we are required to report that fact. We have nothing to report in this regard. MArrERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION We have nothing to report in respect of the following matters where the Charitles (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: Ihe information given in the Trustees, report is inconsistent in any materfal respect with the financial statements., or sufflclent accounting records have not been kept; or the finandal 8tat8ments are not in agreement with the accounting records and retums.. or we have not received all the information and explanations we require for our audit. RESPONSIBIUTIES OF TRUSTEES As explained more fully in the Trustees, spOnSibl11t1eS statement, the Trustees {who are also the directors Df the charlty for the purposes of company law) are responsible for the preparation of the financial statements and for belng satisfied that they give a true and falr view. and for such intemal control as the Trustees detennine is necessary to enable the preparation of financi81 statements that are free from material mlsstatement, whether due to fraud or error. In preparing the financlal statements, the Trustees are responsible for assesslng the charitsble companrfs ability to continue as a golng concem, disclosing, as applicable, matters related to golng concern and using the going concem basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic altemative but to do so. Page 16
PAC - POSITIVE ACTION IN THE COPIIMUNITY LTD (A company limlted by guarantee) INDEPENDENT AUDITORS. REPORTTO THE MEMBERS OF PAC- POSITIVE ACTION IN THE COMMUNITY LTD AUDITORS, RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material rnisstatement, whether due to fraud or error. and to Issue an Auditors, report th8t includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordan with ISAS (UK) will aayS detect a material misstatement when it exists. Misstatements n arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to Influen the economic decisions of users tsken on the basis of these financial statements. A futher description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. www.frc.org.uklauditorsresponsibilities. This description forms part of our Auditors, report. OTHER MATTERS Irregularities, including fraud, are instances of non-complian with laws and regulations. We design procedures in line wilh our responsibilities, outlined above, to detect material misststements in respect of irregularities including fraud. Our approach to identifwng and assessing the risks of material rnisstatement in respect of irregularities, including fraud and non-compliance with18ws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competence. capabilities and skills to idenlify or recognise nortrwmpliance with applicable laws and regulations: we identified the laws and regulations appli¢able to the tharitable company through discussions with trustees and other management, and from our commercial knowledge and experience of the charfty sector: we focused on specific laws and regulations which we nsidered may have a dlrect material effect on the financial stalements or the operations of the charity, including the Companies Act 2006, taxation legislation and data protection, employment, environmental and health and safety legislation; we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and identified laws and regulations were communicated within the audit team regularfy and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptlbility of the compansPs financlal statements to material misstatement, including obtaining an understanding of how fraud might occur. by: making enquiries of management as lo where they considered there was su8p11bI[lty lo fraud, their knowledge of actual, suspected and alleged fraud; and considering the intemal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we: performed analytical procedures to identify any unusual or unexpected relationships. tested joumal entries to identify unusual transactions: and - assessed whether judgements and assumptions made in determining the accounting estimates were indicative or potential bias. In response to the risk of irregularitl8s and non-compliance with laws and ragulations. we designed procedures which included, but Were not limited to: - agreelng financial Statement disclosures to underl>ing supporting docurnentstlon,, - reading the minutes of meetings of those charged with govemance; Page 17
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF PAC . POSITIVE ACTION IN THE COMMUNITY LTD enquiring of management as to actual and potential litigation and daims, and reviewing correspondence wilh relevant regulators and the companS legal advisors. There are inherent limitslions in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likety it is that we would become aware of non-compliance. Auditlng standards also limit Ihe audil procedures requlred to Identlfy non- compliance with laws and regulations lo enquiry of Ihe dlrectors and other managemerbt and the inspection of regulatory and legal correspondence, if any. Material misststements that arise due to fraud can be harder to detect that those that arise from error as they may Involve deliberate concealment or collusion. USE OF OUR REPORT This report is made solely to the charilable companys trustees, as a body, in accordance viith Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audlt work has been undertaken so that we might stste to the charitable companls trustees those matters we a required to state to them in an Auditors, report and for no other purpose. To the fullest extent pemitted by law, we do not acpt or assume responsibllity to anyone other than the tharitable company and its trustees, as a body. for our audit work, for this repor( or for Ihe oplnions we have fomied. Andrew Simm FCA (Senior Statutory Audltor) for and on behalf of Smlth & Goulding Limited Chartered Accountants and Ststulory Auditors 2 Southport Road Chorley Lancashlre PR7 1LB Date: Andrew Simm Bsc FCA (Senior Statutory Audltor) for and on behalf of Smtth & Goulding Limited 10[Ilio Page 18
PAC- POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) STATEMENT OF FINANCIAL ACTNrriES INCORPORATING INCOkqE AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Note INCOME FROM.. Donation5 and legacies Charitable activities Other trading activities Investments 90,476 1,365,615 5.525 28.596 90,476 .757.696 5.525 28,596 392.081 TOTAL INCOME 1,490.212 392,081 1.882.293 EXPENDITURE ON: Raising funds Charitable activities 1,827 6,7,8 1,405,503 1.827 1,817.523 412,020 TOTAL EXPENDITURE 1,407,330 412,020 1,819.350 NET INCOME I (EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND LOSSES NEf MOVEMEKf IN FUNDS 82.882 82,882 (19.939) (19.9391 62.943 62.943 RECONCILIATION OF FUNDS: Total fijnds brought forward 653,459 74,628 728,087 736,341 54,689 791.030 TOTAL FUNDS CARRIED FORWARD The notes on pages 22 to 37 fomi part of these financial ststements. Page 19
PAC - POSITIVE ACTION IN THE COMMUNITY LTD {A company Ilmlted by guarantee) REGISTERED NUMBER: 04167948 BALANCE SHEET AS AT 31 MARCH 2024 2024 Note FIXED ASSETS Tanglble assets CURRENT ASSETS Debtors Cash at bank and in hand 12 11,405 13 122.031 673.866 794897 CREDrroRS= amounts falling due wlthin one year 14 (16.272) NEf CURREKfASSETS 779,625 NET ASSErs 791.030 CHARrrY FUNDS Restrlcted funds Unrestricted funds 15 15 54,689 736.341 TOTAL FUNDS 791.030 The charitys financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The Truslees consider that the charity is entitled to exemption from the requirement to have an audit under Ihe provisions of section 477 of the Companies Act 20061.the Acr) and members have not required the charity to obtain an audit for the JEar in queslion in accordance viith Section 476 of the Act. However. an audit is required in accordance with section 144 of the Charities Act 2011. The Trustees acknowledge thelr responsibilities for complying with the requirements of the Act with respect to accountlng records and the preparation of financial Ststements. The financial ststements were approved and authorised for issue by the Trustees on signed on their behalf, by. 5{1l?L)1S and Trustee 2f. Trustee The notes on pages 22 to 37 form part of these financial st8tem8nls. Page 20
PAC - posrrivE ACTION IN THE COMMUNITY LTD (A company limiled by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 Note Cash flows from operatlng actlvltl68 Net cash provided byl(used in) operating activities 17 57.005 Cash flows from investing actlvltles: Purchase of tsngible fixed assets (6.509) Net cash used in investing actlvltles (6.$09) Change in cash and cash equlvalents In tha yoar Cash and cash equivalents brought fonvard 50,496 623,370 Cash and cash equlvalents carrled forward 18 673,866 The notes on pages 22 to 37 form part of these finandal statements. Page 21
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES 1.1 Basi8 of preparation of financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in aOrdanCe wlth the - FRS 102 SORP. Charities Act 2011 and the Companies Act 2006 PAC - Positive Action in th8 Community LTD meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unkss otherwise ststed in the relevant accounting policy. 1.2 Reconclliatlon with previous G•norally Acc•ptsd kcountlng Practice In preparing these accounts, the Twstees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatements were required. 1.3 Company status The charity is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the cherity being wound up, the liability in respect of th8 guarantee is limited to £1 per member of the tharity. The charity was incorporated in England and Wales and has a registered Offi address of Hills House, Leeds Road. Nelson, Lancashire, 889 8EL. Page 22
PAC. posmvE ACTION IN THE COMMUNITY LTD (A company limited by guaranleo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (continued) 1.4 Incoma All income is recognised once the charity has entitlement to the income, It is Probable that the income will be received and the amount of income receivable can be measured reliably. For legacies, entitlement Is taken as the earller of the date on which either: the Gharity is aware that probate has been granted, the estste has been finalised and notffication has been made by the executor{s) lo the Trust that a distribution will be made, or when a dlstribution is reIVed from the estate. Receipt of a legacy, in whole or in part, is only consldered probable when the amount can be measured reliably and the charity has been notified of the executovs Sntention to make a distribution. Where legacies have been notified to the charity. or the charity is aware of the granting of probate, and the criteria for income recognlllon have not been met, then the legacy is treated as a contingent asset and disclosed rf material. Donated services or facilit18s ar8 recognls8d when the charity has control over the Item. any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends 15 not recognised and fer to the Trustees, r&port for more information about their contribution. On receipt. donated professional services and donated facilities are recognised on the basis of the value of the gtft to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount Is then recognised in expenditure the period of receipt. Income tax recoverable in relation to donations re¢eived under Gift Ald or deeds of covenant Is recognised at the time of the donatlon. Income tax recoverable In relation to investment Income Is recognised at the time the inveslment Income Is receivable. Page 23
PAC - posrrNE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (contlnued) 1.5 Expenditura Expenditure is recognised On there is a legal or wistructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliabty. Expenditure is classified by activity. The costs of each activty are made up of the lotal of direct costs and shared costs, including support costs involved in undertaklng each activity. Direct costs attrfbutsble lo a slngle actlvity are allocated directly to that activty. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned betrween those actlvities on a basi5 consistent wlth the use of resource5. Central staff costs are allocated on the basis of time spent, and depreclatlon charges allocated on the portlon of the a55et's use. Support costs are those costs incurred directly in support of expenditure on the objects of the charty and indude project managernent carried out 8t Headquarters. Governance costs are those incurred in connectlon wlth administration of the Charity and compliance with constllutional and statulory requirements. Costs of generating funds are costs Incurred in attracting voluntary Income, and those incurred in tradlng activities that raise funds. Charitable activlties and Governan costs are costs incurred on the charlvs operations, induding support costs and costs relating to the govemance of the charity apportloned to charitable activities. All expenditure is indusive of irrecov8rable VAT. 1.6 Tanglble flxed ass•ts and depreciatlon All assets costing more than £1,(X)O are capltallsed. There are currently no assets. A review for impalnnent of a fixed asset is carried out If events or changes in circumstances indicate that the caYing value cf any fixed asset may not be recoverable. Shortfalls between Ihe carrying value of flxed assets and their recoverable amounts are recognised as impalrments. Impairment losses are rgcognised in the Staternent of financial activities incorporating income and expenditure account. Tangible fixed assets are carried at cosL net of depreciation and any provislon for Smpaimient. Depreciation Is provided at rates calculated to write off the cost of fixed assets, less their estlmated residual value. over their expected useful lives on the following bases.. Fixtures and fittings Computer equipment 25 /0 Reducing Balance 250/0 Reducing Balance 1.7 Interest recelvable Interest on funds held on deposit is included when receivable and the arnount can be measured reliably by the charity. this is normalty upon notification of the Interest pald or payable by the Bank. 1.8 Debtors Trade and other debtors are re¢ognised at the settlement amount after any trade discounl offered. PrepayTnents are valued at the arnount prepaid net of any trade discounts due. Page 24
PAC - POSITIVE ACTION IN THE COMMUNrrY LTD (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (continued) 1.9 Cash at Bank and In hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or openlng of the deposit or slmilar accounL 1.10 Liabilities and provisions Liabilities are Tecognised when there is an obligation at the Balance sheet date a5 a resull of a past event, it is probable that a trdnsfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are tecognised at the amount that the charity anticipates it will pay to setue the debt or the amount it has reiVed as advanced paents for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts. discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges. 1.11 Fund accounting General funds are unrestrscted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financlal statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such fijnds are charged against the speafic fijnd. The aim and use of each restricted fund is set out in the notes to the financial statements. 1.12 Crltlcal accountlng estlmates and areas of Judgment Estimates and judgments are continualty evaluated and are based on historical experience and other factors. induding expectations of future events that are believed lo be reasonable under the circumstsnces. Critical accounting estimates and assumptions: The charily makes estimates and assumptions conceming the future. The resulting accounting estirnates and assumptions will. by definition. seldom equal the r81ated actual results. The estimates and assumptions that have a slgnificant risk of causing a materfal adjustment lo the carrying arnounts of assets and Ilablllties wlthSn the next finanaal year are dlscussed below. Critical areas of judgment: Depreciation expense Uncollectable receivables Page 25
PAC - POSITIVE ACTION IN THE commuNy LTD (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 Rent and Housing 8enefft LCC - Supporting People Resident Service Charge Pendle Borough Council- Domestic Abuse Big Lottery Fund - Domestic Abuse OPCC- MOJ Fund Pendle Borough Council- DA Bill Act Household Support Fund Healthy Relationshipsl Safe at Home Active Lancashire - Together Fund SELNET- Move Forward LCC - Domestlc Abuse Spring North - Healthler Thinking for me Active Lancashlre - Yes Hub Pendle Borough Council Pendle Borough Council - Youth Forum Lancashire Violence Reduction Network EVOLVE - CANW Active Lancashire - Together Fund HAF Delivery I COrdination Womens Aid Lookout - Children In Need RAH - Children In Need LCC- Public Mental Health LCC - Ofsted Otherl Sundry small grants MHCLG LCC - Wellbeing Education Reform Grant Active Lancashire - MPT Steps Rossendale Borough Council - DA Bill Act Active Lancashire - MPT Wellbeing Activities OPCC - Waterside LCC - Detached Youth Work Big Lottery Fund- HAPI Spring North- Health 592,374 319,289 30,153 16,000 92,817 26.715 16.000 29,480 4.060 12,900 263.842 5.500 49,312 3.01)0 3,600 10,991 800 12.152 2.000 52.000 5.500 2.600 22,672 7,455 84.187 92,297 1,757,696 Page 26
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM DONATIONS AND LEGACIES Unrestrlcted Restrf¢ted funds funds 2024 2024 Total fund5 2024 Donations Student Placement Fees Managing Agent Rebate 45,776 2,800 41,900 45.776 2,800 41,900 Total donations and legacies 90,476 90,476 FUNDRAISING INCOME Unrestricted funds 2024 Restricted fund$ 2024 Total fund5 2024 Fundraising 5,525 5.525 Total 2023 10,489 10,489 INVESTMENT INCOME Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Bank interest receivable 28,596 28.596 Total 2023 10,436 10.436 Page 27
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 DIRECT COSTS Total 2024 PAC Rent and water rates Llght, heat and power Insurance Repairs and maintenance Fixtures and fumishings Telephone and IT costs 304,114 89,146 11,310 35,806 27,129 57,833 304.114 69,146 11,310 35.806 27,129 57,833 È li Beneficiary costs Stsff training Travel and subsistence Promotional expenses Bank charges General expenses Office and sundry expenses Wages and salaries National insurance Pension cost 55.293 12.273 10,464 3,527 4,522 6,316 11,895 904,019 64,342 44.150 55.293 12.273 10,464 3.527 4,522 6,316 11,895 904.019 64.342 44.150 1,642,139 1,642,139 SUPPORT COSTS Total 2024 PAC Legal and professlonal fees Wages and salaries Natlonal Insurance Pension cost 25,428 123.275 8.774 6,020 25,428 123,275 8,774 6,020 163,497 163,497 Page 28
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GOVERNANCE COSTS Unrestricted Restrictsd funds funds 2024 2024 Totsl funds 2024 Auditors, remuneration Depreciation - tangible fixed assets 7,000 4,887 7.000 4.887 11,887 11.887 NET INCOMEI(EXPENDITURE) Thls is stated afler charging: 2024 Depreciation of tangible fixed assets: - owned by the charity Auditors, remuneration - audlt 4,887 7.000 During the year, no Trustees received any remuneration. During the year, no Trustees received any benefits in kind. 10. AUDITORS. REMUNERATION The Auditorfs remuneration arnounts to an Audit fee of £7,000 (2023 - £4,500). Page 29
PAC . posrrivE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. STAFF COSTS Staff costs were as follow5: 2024 Wages and salaries Social security costs Other pension costs 1,027,294 73.116 50,170 1,150.580 The average number Df persons employed ty the charity during the year was as follows: 2024 No. Charitable activities Average headcount expressed as a fijll time equivalent: 2024 Charitable activities The number of higher paid employees was: 2024 In the band £60,001- £70,000 Th8 key management at PAC includes on average 3 employees which together for the year ending 31st March 2024 have tolal remuneration amounting to £169,255 (2023 - 3 employees - £153,297) Page 30
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company Ilmlted by guarants8> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. TANGIBLE FIXED ASSETS Flxtures and flttlngs Computer equipment Total Cost At 1 April 2023 Additions 7,342 6,509 22.834 30,176 6,509 At 31 March 2024 13,851 22,834 36,685 Depreclatlon At 1 Aprll 2023 Charge for the year 4,776 2,482 15.617 2,405 20,393 4,887 At 31 March 2024 7.258 18,022 2S,280 Net book value At 31 March 2024 6,593 4,812 11.405 13. DEBTORS 2024 Trade debtors Other debtors Prepanents Accrued income 38,696 3,341 39,625 40.369 122.031 Page 31
PAC - POSITIVE ACTION IN THE COMMUNITY LTD IA Gompany Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. CREDITORS: Amounts falling due wlthln one year 2024 Trade edItorS Other taxation and social security (see below) AC¢al$ and deferred income 1,276 14.996 16,272 Other taxation and social security 2024 Page 32
PAC - POSMVE ACTION IN THE COMMUNrrY LTD (A Gornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. STATEMENT OF FUNDS STATEMENT OF FUNDS . CURRENT YEAR Balance at 31 March 2024 Balan¢• at 1 Aprfl 2023 Transfers inlout Income Expenditure Designated funds Designated Funds - SSP Sinking Fund SSR Sinking Fund Charity Managemen( G0veman. IT and training Be Free Sinking Fund strategical Development Waterside Development 175.106 33.969 10,000 10.000 (25,241) {15.896) 159.865 28.073 48.000 13.161 40.000 11,763 (35.6891 (4.215) (28,654) (11.763) 48.000 13,446 40,000 4,500 321,999 24,500 (121,458) 289.384 General funds General Funds 331,460 1,465.712 (1,285,872) (64,343) 446.957 Total Unrestricted funds 653,459 1,490,212 (1.407,330) 736,341 Restrlcted funds LVRN LCC Womens Aid VCFSE Lot 1 and Lot 3 Lookout - Children in Need OPCC - Waterside Active Lancashire Youth Mental Health First Aid Big Lottery Fund- HAPI RAH - Children In Need MHCLG Big Lottery Fund - Be Free P8nd18 Borough Counixl OPCC- MOJ Fund Healthy Relationshlpsl Safe at home 3.600 5.500 2,000 92.297 13,600) (5,500) (2,000) (81,546) (7,861} (5,673) (800) (55,490) (81.5421 (4,253) (10,605) (89.522) (2.000) 127,296) (34,3321 10.751 7,861 5.673 800 52,000 84.871 19,540 6,676 4,253 10.605 14.588 16.050 10,005 92.817 2.000 26,715 29,481 17,883 581 4,851 74.628 392,081 <412,020) 54,689 Totsl offunds 728,087 1,882,293 (1,819,350) 791,030 Page 33
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 SUMMARY OF FUNDS. CURRENT YEAR Balance at 31 March 2024 Balance at l April 2023 Transfers inlout Income Expendlture Designated funds General funds 321,999 331,460 24,500 {121,458) 1,465,712 {1,285,872) 64,343 (64,343) 289.384 446,957 653,459 74628 1.490.212 (1,407.330 392.081 (412,020) 736.341 54689 Restricted funds 728,087 1,882,293 (1,819,350) 791,030 DESIGNATED FUNDS SSP Sinking Fund - Maintenance of fumiture and ffttingsl other repairs at Hills House SSR Sinking Fund - Maintenance of fumiture and fittingsl other repairs at 1 Queen St. Charity management, Governance. IT and Training - to cover overhead and staff training costs whiGh cannot be met though project funding. to fund investments needed to promote sustaiTrability- Be Free Sinklng Fund - Maintenance of fumiture and fittingsl other repairs at the SafeHouses. Stratsgical Development To support the strategic development, marketing, rebrandlng, project sustainability and business planning review of the charity to maximise new opportunitles that will support the sustainability of services. Waterside Devolopment - To support the development of the Waterside project. Page 34
PAC - posmvE ACTION IN THE COMMUNITY LTD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RESTRICTED FUNDS Lookout 4hildren in Need - Charitable activity funded by BBC Children in N88d for young vlctlms of Domestic Abuse. LCC - WER - This fvnd to enhance workforce development in mental health across Lancashire. Up to 12 people to be trained in Youth Mental Heallh First Aid. MPT - Wellbeing Activities - Monies specifically for trips and activities for those young people on the employment project. Laneashlre Wiolence Reduction Network - Funding received to pay for the trauma quality rnark. VCFSE Lot 1 and Lot 3 - Funding from Spring North through the ICB to provide mentsl health support in safeSpa and prepare and present training for sevices that are dealing with older people. Lancashlre County Council - Funding Ihe Ofsted registration for Safespace. Womens Aid - Funding for victims of domestic abuse. Youth Mental Heallh First Ald - Charitable aclivity funded and resultlng from a contract wlth LCC Public Health to coordinate and deliver training. RAH Childron In Ne•d - Small grants to pilol sUPPOrt to young people presenting with harmful behaviours towards others. MHCLG - Complex need worker and Play worker to asslst the PDVI accommodation serdices. Big Lottery Fund - Bo Fre• - This fund granted by the Big Lottery is for 5 years lo support the PDVI Outreach project. Big Lottery Fund - HAPI - This fund grarlted by the Big Lottery is for 3 years to support earfy Interventions to redu the risk of homelessness amongst young people up to the age of 25. Children and Families Well Belng Servlce - This fund was awarded to support the start up of youth work at a youth centre in Colne. Neighbourly - Two funds were received £400 for support to beneficiaries for isolation throughout COVID and £4,000 for outside areas to be enhanced at the supported accommodatlon sites for the Serv1 users. Hapl . Lottary - This was lo lund a full time worker to provide prevention and awareness int8rventions for youth homelessness across Bumley, Pendle and Rossendale. LCC IPC - An infection. prevention and control fLfnd offered by Ihe council to provide supported accommodatlon with monies for COVID equipmenu cleaningl staffing costs Klckstart- This funding was received to pay for salarles to a5SiSt those between the ages of 16 - 21 to gel back into emplownent by gaining work experience. OPCC - MOJ - This was a fund to increase staffing to assist the domestlc abuse helpline and live chat due to the increased demand as well as counselling sessions for beneficiarfes. OPCC - Walerside - This funding Is for various youth groups to be run from our Waterside building lo reach young people in the area. M&S Grant - Grant received from Marks and Spencers for counsellingl other evolve project work. Household Support Fund - This funding was received to support those women and their families fleeing domestic abuse. This fund provided hèlp with billsl white goods and furnure and fittings. Healthy R8lationshlpsl Safe at home - This was funding reiVed to go into schools to support with Domestic Abuse and to help those fleeing domeslic abuse to find suitable housing. Youth Investment Fund (YIF) - This was a fund provided to the youth club for new equipment and fumiture to benefit the residents in Ihe local communty. Arnold Clark - This grant received to support our counselling sèpiice and to equip a room to provide counselling support. Page 35
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. ANALYSIS OF NET ASSETS BEfwEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS. CURRENT YEAR Unrestrlcted Restrlcted funds funds 2024 2024 Toial funds 2024 Tanglble fixed assets Current assets Creditor5 due within one year 11,405 741,208 116.272) 11,405 795,897 (16,272) 54,689 736,341 54.689 791,030 17. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NEf CASH FLOW FROM OPERATING ACTIVITIES 2024 Net incomel(expenditure) for the year (as per Statement of Financial Activities) 62.943 Adjustment for: Depreciation charges Decrease in debtors Decrease in creditors 4,887 39.479 (50,304) Net cash provided byl(used In) operating actlvitles 57.005 ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 Cash in hand 673,866 Total 673,866 19. RELATED PARTY TRANSACTIONS There have been no related paty transactions throughout the financial year, 20. POST BALANCE SHEET EVENTS There have been no significant events affecting the company since the year-8nd. Page 36
PAC - POSITIVE ACTION IN THE COMMUNITY LTD (A Company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21. CONTROLLING PARTY The Irustees named in the administrative section of the accounts ultimatety Gontrol the company. Page 37