REGISTERED COMPANY NUMBER: 04391979 (England 2nd Wal¢s) REGISTERED CHARITY NUMBER: 1091201 Report of the Trustees and Unaudited Financial Statement5 for the Year Ended 31 March 2024 for Pembrokeshire People First Ashmole and Co. Williamston House 7 Goat Street Haverfordwest Pembrokeshire SA61 IPX Ashmole & Co.
Pembrokeshire People First Contcnts of the Financial Statements for the Year Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet CvAsh Flow Statement Notes to the Cash Flow Statement 10 Notes to the Financial Stalements Detailed Statement of Financial Activities 19 to 20
Pembrokeshire People First Report of the Trustees for the Year Ended 31 March 2024 The trustees who are also directors of the charity for the pUoseS of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities prepartng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019). Hello aT]d thank you for taking the time to read this report. There will be lots to read and we won't be able to capture all of the success and the bits that hav¢ be¢n hard in one repoit So, we will tell you about the main highs and lows and welcome anyone to come aiid talk to us who would like to learn more. Firstly the dry bit. What does it say in our papetwork that we do? Why does PPF exisf? 0ECTIVEs AND ACTIVITIES Objectives and aims The objects of the charity are as follows: { l ) To support people with learning dityiculties andlor autism through the provision of advocacy, training and group work using the arts, which will help people know and attain the same rights as everyone else. {2) To advance the education and iraining of people with learning difficulties andlor autism, to develop their skills, capacities and capabilities to enable them to participate fully in society. (3) To advance education and raise awareness of the public in the experiences and of the issues affecting people with learning difficulties andlor autisrn. Page I
Pembrokeshire People First Report of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Significant activities Pembrokeshire People First Report of the Committee of Management For the year ended 31 st March 2024 PPF conlinues to be a member-led charily with a list of members that has grown to over 480 people. Our members had the opportunity to access any or all of the projects we have had running this year. Thcse projects are all linked to the aims and objectives listed above. One of th¢ great things about PPF is that we remain a constant that people can access when thcy need us. They may come and go as they explore other opportunities but if life chaT]gcs, thcy are always welcomed back thTougJi the highs and the lows. We provide support for approximately 250 members each moT]th. The strategies we used to meet these aims- We ran a range of projects 50 that we could meet the wide range of needs of our members. This included smaller group sessions, l.. I worK and larger sessions to provide opportunities for developing friendships and reducing isolation. One of the greatest strengths of PPF has bccn its continuity. The trustees want to ensure that kindness and equity remain the foundation of all of our delivery. The staff, freelancers and volunteers all continue to demonstrate great strength and resilience as they support people. For this, the trustees are truly grateful. We have continued to grow as an organisation throug out a challenging year and provided supported employment opportunities for members, at Mor and via Cilizen Champions and the Dream Tearn. We were success1 in securing £197,000 SPF funding to expand th¢ Mor Project in Letterslon and leased a workshop premises. We were also success1 in securing £36,300 SPF funding for the "Take a Bow" project which evenallY transferred to Arts Care along with one member of staff, While the majority of front line projects continued as usual, ndIllg for these projects started to become more difficult, due to the local Authority and Health Board's increasing financial pressures. For further inforn1atio please see our website at httP.'//ww.pembrokeshire-peopIe-fSt-pPf/. Please note that this is currently under review. Also a Facebook page is available at Facebook=Pembroke5hire People First, for additional project information. ppr employed some external management consultants and freclance support to review and develop thc website and social rnedia, which inevilably depleted our reserves. The staffing complement at the beginning and end of the fll]ancial year was as follows: StafFing Members No. of full tim¢ staff No. of part tirne staff over 25 hours per week No. of part time staff less than 25 hours per week No. of supported Members being employed Total Head Count 1st April 2023 31 st March 2024 14 27 15 Th¢ abov¢ shows that while employed staff numbers have reduced by 2 members of staff, the major new initiativ¢ during the year was to employ 14 members through the assisted work programme, which has been very beneficial to them. Page 2
Pernbroke5hire People First Report of the Trustees for the Ye*r Ended 31 March 2024 OWECTIVES AND ACTIVITIES Swnmary of Financial Po8ilion 2023 2024 Incorne for the Year Expenditure for the Year Salary & Pension Costs (inc in expenditure) Net Surplusl{IA)ss) for the Year 455,900 444,897 337,515 11,003 585,147 612,825 410,678 (27.678} Restricted Reserves Unrestricted Reserves Net Movement in Unrestricted Reserves 165,326 27,512 147,326 17,844 (9,668) The financial year to March 2024 saw a substsntia] increase in both income (£129247) expenditure (£167,928) prinn]Y due to the additional SPF funding to support the craft worksknp at MOR This grant funding w&8 also augmented by a significant increase in the number of membets being employed which resulted in a totsl of £232.606 access to work fi]nding. lo support 14 rnember employecs. Unfortunately. our cost5 also increased resulting in a loss of £27,678. This w&8 PIAm8rily due to one of Governance and freelance support costs. The trustees are aware and are working io resolve the staffing issues ai the year end and are aware of the need to replenish our es going forward. STRATEGIC REPORT Finanelal revlew Reserves pollcy The tNstees have detennined the level of reserves that the charity ought ts have (that is those funds that are freely available and not part of the restricted fund). and are working towards achieving this. Financial and risk maDageD)enl obje¢liv¢5 and polieies The Trustees are aware of the major risks the OTganisation face and are working to addre8s and reduce them. The Tn1¢¢8 are actively engaged in recruiting new additional Trustees who will be given a suitsble induction programme, Trustees are in contsct with staff on a daily basis and hold forn1 Trustees meetings each month.. STRUCTURL COVERIYANCE APID MAI¥4AGEMENT Governfing document Pembrokeshire People First is a ¢ompany limited by guarantee governed by its Memordndum and Articles of Association" it is also a register charity with the Charity Commissioners. Anyone over the age of18 can beGomc a member of the company. Rerwiitment and appointment of new trustees . out in the Memordndum of Arti¢l¢s and Association, the trustees are ¢lected bi-allnually by the members of the company at AGM. New It¢¢$ undergo an orientstion session to brief them as to th¢ir lega] obligations under charity and ¢ompaDy law. the committee and decision making proc¢ws, the business plan and receni fmancial perfonnance of the charity. During the induction period they will meet all employees, trustees and comn)ittee members. TTUStees are encouraged to attend external training events that will fa¢ililate the undertaking of their role. The Management Committee meets regularly and administers the Charity. The Trustees are aware of the need to strengthen the Board with a wider rdnge of people with professional ba¢kgrouDds and skills to he]p take the organtsation forward. The induction process is also under review to ensure it is fit for pujpose. Page 3
Pembrokeshire People First Report of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The trnstees have a duty to identify and review the rlsks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04391979 (England and Wales) Registered Cbarity number 1091201 Registered office Portcullis House Old Hakin Road Merlins Bridge Haverfordwest Pembrokeshire SA61 IXE Trustees J Fulton S Hinksman L M Hinksman A Jones C Poupard JCDTyler I Eynon (appointed 17.9.24) Mrs E Rawlings (appointed 17.9.24) Company Secretary J Fulton Independent Examiner Ashmole and Co. Williamston House 7 Goat Street Haverfordwest Pembrokeshire SA61 IPX Report of the trust¢¢s, incorporating a btratcgic rcport, approv¢d by order of th¢ board of trustees, as the company directors, on 17 S¢pt¢mber 2024 and sign¢d on th¢ board's behalf by: ..ynon - Trustee Page 4
Independent Examiner's Report to the Trustees of Pembrokeshire People First Independ¢nt examiner's report to the trustees of Pembrokeshire People First ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibxlities and basis of report As the charity's trustees of the Company (and also Its directors for the purposes of company law) you ale responsible for the prcparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company arc not rquired io be audited under Part 16 of the 2006 Act and are eligible for independent examinatio I report in respect of my examination of your charity's accounts as carried out under Seclion 145 of the Charities Act 2011 (Ihe 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 your charity's gross Income exceeded £250,000 your examiner must be a member of a Itsted body. I can confinn that I am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe: accounting r¢cords werc not kept in respect of the Company as required by Section 386 of the 2006 Act. or the account5 do not accord wilh those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requircmcnl that the accounts give a trne and fair view which is not a matter considered as part of an independent examination- or the accounts have not been Prepared in accordance with the methods and principles of the Statement of Recornmended Practlce for accounting and reporting by charities (applicable to charities PTepartng iheir accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 102)). I have no ¢onc¢rns and have come across no other matters in connection with the examination to which attention should be drawn An this report in order to enable a proper underslanding of the accounts to be reached. N Mil15 FCCA Ashmole and Co. Williamston House 7 Goat Street Haverfordivesl PembrokeshirL SA61 IPX Date: ...!1. ..12:ty.......................... Page 5
Pembrokeshire People First Statement of Financial Activities for the Year Ended 31 Mareh 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted fund Restricted nd Notes INCOME AND ENDOWMENTS FROM Donations and legacies 174 424 598 ,369 Charitable activities Charitable activities 35,000 541,843 576,843 444,137 Other trading activities Investment income 7,569 87 50 7,619 87 3,379 15 Total 42,830 542,317 585,147 455,900 EXPENDITURE ON Charitable activities Charitable activities 52,497 560,328 612,825 444,897 NET INCOMEI(EXPENDITURE) (9,667) (18,011) (27,678) 11,003 RECONCILIATION OF FUNDS Total fvnds brought forward 27,512 165,326 192,838 181,835 TOTAL FUIYDS CARRIED FORWARD 17,845 147,315 165,160 192,838 The notes forni part of these financial statements Page 6
Pembroke5hire People First Balance Sheet 31 March 2024 31.3.24 Total funds 31.3.23 Total fijnds Unrestricted fund Restricted fund Not¢s FIXED ASSETS Tangible assets 12 3,862 3,862 CURRENT ASSETS Debtors Cash at bank and in hand 13 282 21,338 154,192 22,203 154,474 43,541 55,592 159,751 21,620 176,395 198,015 215,343 CREDITORS Amounts falling due within one year 14 (3,776) (32,941) (36,717) (22,505) NET CURRENT ASSETS 17,844 143,454 161,298 192,838 TOTAL ASSETS LESS CURRENT LIABILITIES 17,844 147,316 165,160 192,838 NET ASSETS 17,844 147,316 165,160 192.838 FUNDS Unrestricted funds Restricted funds 15 17,844 147.316 27,512 165,326 TOTAL FUNDS 165,160 192,838 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company lo obiain an audit of its financial SLernents for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for {a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statcmcnts which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with th¢ requirements of the Companies Act 2006 relating to fanCIal statements, so far as applicable to the charitable company. (b) The notes forni part of these fiThancial statements Page 7 continued...
Pembrokeshire People First Balance Sheet- continued 31 Mareh 2024 These financial statement5 have been prepared in accordance wtih the provisions applicable to charitable companies subject to the small companies regime, The financial statements were approved by the Board of Trustees and authorised for issue on 17 Sepiember 2024 and were signed on its behalf by.. on - Trustee The notss fonn part of these fmancial statements Page 8
Pembrok¢shire People First Cash Flow Statement for the Year Ended 31 March 2024 31.3.24 31.3.23 Not¢s Cash flows from operating activities Cash generated from operations (111,753) 11,667 Net cash (used in)/provided by operating activities (111.753) 11,667 Cash flows from investin2 activities Pwchas¢ of tangible fixed assets Interest received (4,544) 87 15 Net cash (used in)Iprovided by investing activities (4,457) 15 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period (116,210) 11,682 159,751 148,069 Cash and cash equivalents at the end of the reporting period 43.541 159,751 The notes forni part of these financial statements Page 9
Pembrokeshire People First Notes to the Cash Flow Statement for the Year Ended 31 March 2024 RECONCILIATION OF NET (EXPENDITURE)IINCOME TO NFT CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net (expenditure)lincome for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received IncrL'8SC in debtors Increase in crc.dilors (27,678) 11,003 682 (87) (98,882) 14,212 (15) (7,082) 7,761 Net cash (used in)Iprovided by operations (111,753) 11,667 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At31.3.24 Net cash Cash at bank and in hand 159,751 (116,210) 43,541 159,751 (116,210) 43,541 Total 159,751 (116,210) 43,541 The notes fonn part of these financial statements Page 10
Pembrokeshire People First Notes to the Financial Staten)ents for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of ihe charilable company. which is a public benefil entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reportlng by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial stat¢rnents have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the nds. it 15 probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commltting the charity to that expenditure, it is probabl¢ that a transfer of economic benefits will be required in settlement and the amount of the obligation ran be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggr¢gat¢ all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated io activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and EquÉpment 150/0 on reducing balance Taxation The charity is exempt from corporation tax on its charitable activitie5. Futtd ac¢ounting Unrestricted funds can be used in accordance with th¢ charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the chartty. Restrictions arise when specifjed by the donor or when fimds are raised for particular restricted PuOses. Further explanation of the nature and pU05e of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable Company operates a defined contribution pension scherne. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Pagell continued...
Pembrokeshire People First Notes to the Financial Statetnents - continued for the Year Ended 31 March 2024 DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations vents 598 7,369 1.000 598 8,369 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Commissioned work and other income 7,619 3,379 INVESTMENT INCOME 31.3.24 31.3.23 Deposit account interest 87 15 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activily Charitable activities Grants 576,843 444,137 Grants received, included in the above, are as follows: 31.3.24 31.3.23 Access to Work BBC Chtldren in Need CPF Department of Work & Pensions HDUHB Hywel Dda National Lottery PAVS Making it Happen PAVS SCAF Fund PA VS Innovation Fund PAVS LDIF PCC Dream Teamlcharter RIF including JD LD Champion PCC UKCRF PCC Food Poverty Grdnt PCC Service Level Agreement PCC Housing Support Grant PCC Learning Disability Charllpion Project Police & Crime CommissÈoner Dyfed Powys Postcode Community Trust South Pembs GP Cluster (Training LD Awareness) 232,606 7,110 8,445 7,610 (26.998) 1,480 150 36,610 19,700 4,446 3,500 9,500 6.000 138.319 86,412 5,949 25.000 47.206 16,740 4,800 24,658 2,900 97,509 33,889 5.000 28,547 4,800 Carried forward 409,461 422,427 Page 12 continued...
Pembrokeshire People First Notes to the Financial Statements - continued for the Year Ended 31 March 2024 INCOME FROM CHARITABLE ACTIVITIES - continued 31.3.24 31.3.23 Brought forward The British Institute PPF We Can CCC Dream Team Lloyds Bank Foundation Big Lottery Cost of Living Grant Groundwork UK Tesco Community Fund PCC UK Shared Prosperity PCC Communities Shared Prosperity PCC Enhancing Pembrokeshire PCC Citlzen Champion 409,461 422,427 200 21,510 4,254 50,000 10,000 1,500 36,301 20,028 30,899 14,400 576.843 444,137 CHARITABLE ACTIVITIES COSTS Support costs (see note 7) Dir¢ct Costs Totals Charitable activities 518.704 94,121 612.825 SUPPORT COSTS Governance costs Management Totals Charitable activities 76,545 17,576 94.121 NET INCOMEI(EXPENDITURE) Net incomel(exp¢nditure) is stated after chaiging/(¢r¢diting): 31.3.24 31.3.23 Auditors, remuneration Depreciation - owned assets 2,574 682 918 Page 13 continued...
Pembroke5hire People First Notes to the Financial Statements - continued for the Year Ended 31 March 2024 TRUSTEES, REMUNERATION AND BENEFITS The following trustees are also member employees of the charity and during the year ended 3 1st March 2024 were remunerated as below: Aggregate value of pension contributions £240 Aggregate amount of emoluments £8,008 £4,095 Trustee: LM Hinksvnan C Poupard Trustee5' expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. 10. STAFF COSTS 31.3.24 31.3.23 Wagcs and salaries Other p¢nsion costs 403,321 7,357 322,690 15,745 410,678 338,435 The av¢rage monthly number of employees during the year was as follows: 31.3.24 31.3.23 No employees received emolurnents in excess of £60,000. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total nds INCOME AND ENDOWMEIYTS FROM Donations and legacies 8,369 8,369 Charitable aetivities Charitable activities 26,172 417,965 444,137 Other trading activities Investment income 3,379 15 3,379 15 Totsl 37,935 417,965 455,900 EXPENDITURE ON Charitable activities Charitable activilies 88,279 356,618 444,897 Page 14 continued...
Pembrokeshire People First Not to the Financial Statements- continued ror the Year Ended 31 March 2024 ii. COMPARATIVFS FOR THF. STA TFMFNT OF FINANCIAL ACTIVITIES- COlltinu¢d Unrestrtcted Restricted fund fund Total funds NET INCOMEI(EXPENDITURE) (50,344) 61,347 11,003 RECONCILIATION OF FUNDS Total funds brought fonvard 77,856 103,979 181,835 TOTAL FUNDS CARRIED FORWARD 27,512 165,326 192,838 12. TANGIBLE FIXED ASSETS Plant and Equipment COST Additions 4,544 DEPRECIATION Charge for year 682 NET BOOK VALUE At 31 March 2024 3,862 At 31 March 2023 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trnde debtors Prepaid expens¢s 152,965 1,509 54,262 1,330 154,474 55,592 Page 15 continued...
Pembrokeshir¢ People First Notes to the Financial Statemen15 - continued for the Year Ended 31 March 2024 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade creditors Social security and other taxes Accrued expenses 8,253 6,152 22,312 15,363 5,331 1,811 36,717 22,505 15. MOVEMENT IN FUNDS Net movement in ndS At 31.3.24 At 1.4.23 Unrestricted funds General fund 27,512 (9,668) 17,844 Restricl¢d funds Restricted 165,326 (18,010) 147,316 TOTAL FUNDS 192,838 (27,678) 165,160 Net movement in funds, included in the above are as follows,. Incoming resources Resources expended Movement in funds Unrestricled funds Generdl fund 42,830 (52,498) (9.668) Restricted fund5 Restricted 542.317 (560.327) (18,010) TOTAL FUNDS 585,147 (612,825) (27,678) Page 16 continued...
PembrokeshRr¢ People First Notes to the Finaneial Statements - continued for the Year Ended 31 March 2024 15. MOVEMFNT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General nd 77.856 (50,344) 27,512 Restricted funds Restricted 103,979 61,347 165,326 TOTAL FUNDS 181,835 11,003 192,838 CompaTative net movement in funds. included in the above are as follows: Incoming rcsources Resources expeuded Movement in fi]nds Unrestricted funds Gencr&l fund 37,935 (88,279) (50.344) Restricted funds Restricted 417,965 (356,618) 61,347 TOTAL FUNDS 455,900 (444,897) 11,003 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.3.24 At 1.4.22 Unrestrieted funds Gencral fund 77,856 (60,012) 17,844 Restricted fund5 Restricted 103,979 43,337 147,316 TOTAL FUNDS 181,835 (16,675) 165,160 Page 17 continued...
Pembroke5hire People First Notes to the Financial Statements - continued for the Year Ended 31 March 2024 Is. MOVEMENT IN FUNDS- continued A rU¢Tht y¢ar 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds Gcncral fund 80.765 (140,777) (60,012) Restricted funds Restricted 960,282 (916,945) 43,337 TOTAL FUNDS 1,041,047 (1,057,722) (16.675) 16. RELATED PARTY DISCLOSURES Please refer to Note 9 for details of related paty transactions. Page 18
Pembrokeshire People First Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donation5 and legacies r)onations Events 598 7.369 1,000 598 8,369 Other trading activities Commissioned work and other incotne 7,619 3,379 Investment income Deposit account interest 87 15 Charitable activities Grants 576.843 444.137 TotJl incoming resources 585,147 455,900 EXPENDITURE Charitable a¢livitie5 Wages Pensions Travel and subsistence Fundraising costs Freelance costs Training General office expenses Sundry expenses Bad Debts Events and catering Venue hire Plant and machinery 403,321 7,357 32,183 4,613 42,141 809 15,557 750 2,376 1,475 7,440 682 322,690 14.825 8,854 41,402 15,253 1,998 5,816 1,872 518,704 412,710 Support costs Management Insurance Light and heat Telephone and internet Cornputer costs tEgal and professional fees Carried fonvard 2,736 55,179 7,762 8,724 1,644 76,045 1,969 15,262 5,629 748 23,608 This page does not forni part of the statutory financial statements Page 19
Pembrokeshire People First Detailed Ststement of Financial ActivAties for the Year Ended 31 March 2024 31.3.24 31.3.23 Management Brought forward Sundry expenses Bank charge5 76,045 332 168 23,608 643 76,545 24,251 Governance costs Recruitment Auditors, remuneration Professional fees 920 918 6,098 2,574 15,002 17,576 7,936 Total resources expended 612,825 444,897 Net (expenditure)/income (27,678) 11,003 This page does not form part of the statutory financial statements Page 20