Charlty registration number 1101223
Company registration number 04858513 (England and Wale5)
PENRITH PARISH CENTRE LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

PENRITH PARISH CENTRE LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
rrustee5
Mrs M M Allison
Mrs RAAngus
Mrs S Barton
Mr P Donald
Mr J S Green
Mr S J Harper
Mr L Hope
Reverend D G Sa￿ent
Mrs SThomson
Mrs I Peall
Mrc Harper
Mr J Langcake
(Appointed 28 June 20231
IAppolnted 16 August 20231
(Appointed 16 August 20231
(Appointed 16 August 20231
Secretarv
Mr P Donald
Charlty number
1101223
Company number
04858513
Re815ter¢d office
Penrlth Parlsh Centre
Saint Andrews Place
Penrith
Cumbria
CAII 7XX
Independent examiner
lan Thompson 8AIHonsl, FCA
Saint & Co
4 Mason Court
Glllan Way
Penrith
Cumbria
CAII 9GR

PENRITH PARISH CENTRE LIMITED
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financial activltles
Statement of financial position
Notes to the financlal statement5
8-17

PENRITH PARISH CENTRE LIMITED
TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their annual report and financial statements for the year ended 31 December 2023.
The financial statements have been prepared In accordance wlth the atcountlng policies set out in note I to the
statement5 and comply with the charlty's Memorandum & Articles, the Companles Act 2006 and "Accountlng and
by Chorltie5.' Statement of Recommended Practice applicable to charltie5 preparlng theiT account5 in accordance wlth the
Financial Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021 leffective l January 20191.
Objertlves and activlties
The objectives of the Company are to promote any charltable purpose for the beneflt of the Inhabltants withln PenrSth and
surrounding district, with the provision of facilltles Sn the interests of soclal welfare for ￿c￿atIOn, lelsure-time occupatlon and
with the object of improving the conditlons of life for the sald inhabitants. Actlvltles carrled out over the year Snclude, Swlng
Danclngi
Scottish Dancing, Yoga, Karate, Tal Chl, Adult learnlng classes, Art Club classes and annual art exhibltSon. The Centre is
a150 a deslgnated polling statlon.
Publlc beneflt
The trustees have paid due regard to guidance Issued by the Charlty Commission In deciding what actlvltles the charlty should
undertake.

PENRITH PARISH CENTRE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achievements and performance
Significant octivities ond achievements agL7ill5t objectives
The Charity has continued to act accordlng to its aims and objectlves and the Centre has continued to be ¢Jsed for a wide
varlety of community actlvities by both local people and vlsitors to Penrith alike. During the Pandemic many user groups, who
had long 5tsndlng involvement with the Centre, ceased to functlon but new users have come along.
2023 was a year of change for the Parlsh Centre with the reslgnation of our longstanding cleaner in January and the
resl8nation of our Office Manager in May. It was felt that this was the tlme that these changes presented the opportunity to
try new ways of operating. To reduce costs and cut down on adminlstratlon tlme It was felt appropriate to move to on-llne
booklng and to contract out the remalnlng work of the cleaner and administrator thus no longer havlng employee5 or
responsibllity for wages, penslons, National Insurance, payment of taxes etc.
At the AGM In June, long servlng Trustees Peter Slmpson and Rev. Le51ey Ridley retlred after some 17 years. Peter had been
Company Secretary and Lesley the Centre Manager and Chair of the Trustees for many of these years. Those retirements left
blg hole In the operation of the Centre.
Following the AGM new Trustees were appolnted and Lenny Hope was appolnted ChaSr of The Trustees and Paul Donald was
appointed Company Secretary.
The local Charity 4Eden closed thelr Brougharn Hall Café and opened up in thè Parish Centre on May 1st. At first thls was for 5
days per week but later, untll the Autumn, opening also on a Saturday. Goods for Sale are produced off slte at thelr Sandgate
Bakery and transported to the Centre.
It was agreed that 4Eden's adrnlnlstration se￿[(ed could work wlth the Centre Company to provlde the cleaner/caretaker
cover needed and one day a week admin cover (Wednesday) at cost prlce. The latter proved somewhat problematlc and a new
arra ngement was agreed to allow 4Eden free use of the offSce in exchange for 2 members of their staff deallng wlth the phone
and callers on the other weekdays.
A new on-llne booking system that allows hirers to see what rooms are avallable has been Installed that allows hirers to book
the rooms without vislting or phoning the office. This system also issues bi115 to the hirers.
The Trustees continue to maintain the bullding to a hlgh Standard. A vandalised double glazed gla55 unlt at the front of the
bulldlng has been replaced.
A wall in the up5talrs Tarn Room ha5 been damaged by the ingress of water from a blocked rainwater gutter or hopper. These
have been cleaned and a quotation has been recelved from Neil Coates a building Contractor that the Centre has used In the
past and knows the acce55 Issues and requlrements. An Insurance claim has been submltted and approved and the work wlll
be completed in 2024.
At the end of the year there were 12 Trustees15 women and 7 men) providlng a wlde Spectrum of experience, the Vicar (Rev
David Sergeant), one member of St Andrews PCC, two church goers and eight members of the community.

PENRITH PARISH CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Flnancial revlew
The charity remains grateful for the help and support given by government agencies, charitable trusts and other sources.
Results for the year are shown In the financial Statements. The charity generated a total Income of £30,404 in the year, and an
overall expenditure of £23,331.
Grants and Donatlons Recelved
On behalf of Penrlth Parish Centre, I gratefully acknowledge the followlng grhnts and donations received thls
year,.
2023
Gift Aid Donations
Cash Donatlons
Donated Goods
730
315
loo
Since the Pandemic the Income from the hire of the rooms has gradually increased to the level before the pandemlc. The
emphasis is on a continual process of careful fsnancial management and to invest the reserves to optlmlse Income wherever
possible.
The current level of unrestrlcted reserves, £33,822, comprlses of three component5, cash flow, contlngency and closure. The
cash flow component will ensure the centre operates for the next twelve months, allowing time for room hire to recover and
the research Into futu￿ means of generatln8 unrestrlcted reserves will a150 continue. The contlngency component wlll
manage any large unexpected payments over the next twelve months. The Reserve Fund will be monitored and reported on
monthly and revSewed for use next year.
Golng Concern
After analysls of the Charlty's operatlons and fln?nces the Trustees have a viable expectation that the Charitable Company has
adeguate resources to contlnue In operatlonal existence for the foreseeable future. For thls reason. they continue to odopt
the going concern ba51s In preparlng the financlal statements.
Mcjjor risks
As part of the Charlty's buslness and development plan, an assessment was undertaken as to the risks the Charity is exposed
to. The Charity has taken a proactive stance to reduce Its overall reliance on one or two large hlrers and to develop a portfollo
of funders to further reduce the impact any one funding stream may Sncur. A major part of the Charity's partnership worklng Is
to keep the org3nSsation abreast of any strategic, political or legal changes that could Snfluence the charlty, Internal control
r55ks are minimised by the Implementatlon of procedures for authorisatlon of all transactlons and prolerts. procedu￿ s are1n
place to ensure compllance with health and safety of staff, volunteers, clients and vlsitors to the centre. These procedures a
periodically reviewed to ensure that they cont5nue to meet the needs of the charitv.
Structurei governan¢e and management
Our Cornpany is governed by our Memorandum & Articles which were adopted on l August 2003.

PENRITH PARISH CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustee5, who are also the dlrectors for the purpose of cornpany law, and who served durlng the year and up to the date
of signature of the financlal statements were..
Mr P SSmpson
Mrs M M Alllson
Mrs RAAngus
Mrs S Barton
Mr P Donald
MrJ S Green
Mr S J Harper
Mr L Hope
Reverend L Rldley
Reverend D G Sargent
Mrs S Thomson
Mrs J Peall
Mr CHarper
Mr J Langcake
IRe5igned 23 October 20231
(Reslgned 23 October 20231
(Appointed 28 June 20231
{Appointed 16 August 20231
(Appointed 16 August 2023)
{Appolnted 16 August 20231
Recrultment ond oppointment of trustees
The Management committee will be appoSnted at the Annual General Meetlng, by proposal, seconded and a vote, A11 those In
the area of benefit and users of the Communlty Centre are welcome to attend.
Orqanist7tlonolstructure
The organ5saiion conslsts of 10 members of a voluntary Executlve/Management CommSttee, 2 paid staff posltions and a
number of volunteers.
Inductlon ond tfoinlng of trustee5
New trustees are supplled wlth a copy of the Charlty Trustees Handbook,. additlonally. they meet wlth the Chair of the
Management Committee and senior staff who wlll cover:
-The obligations of Management Commlttee members.
- The main document5 whlch set out the operatlonal framework for the charlty IncludlnB the Memorandum and Articles.
The current financial positlon as Set out In the latest published accounts.
Future plans and objectives.
Trustees are annually reminded of Charity Commlsslon guldance of Trustee'5 duties and responsibllities and a￿ aware of the
publlc benefit guldance when maklng a declslon to whlch the 8uldance Is relevant.
Small company provlslons
This report ha5 been prepared in accordance with the provislon5 applicable to companies entltled to the small companies
exemption,
The trustees, report was approved by the Board of Trustees.
MrLH
Trustee
Date..

PENRITH PARISH CENTRE LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PENRITH PARISH CENTRE LIMITED
I report to the trustees on my examinatlon of the financial statements of Penrith Parlsh Centre Limited (the charity) for the
year ended 31 December 2023.
Responslbllities and basis of report
As the trustee5 of the charity land also it5 directors for the purposes of company lowl you are responslble for the preparation
of the financlal statements In accordance with the requirements of the Companies Act 2006 Ithe 2006 Act).
Havlng satisfied myself that the financlal statements of the charity are not required to be audited under Part 16 of the 2006
Act and are eligible for independent Èxamination, I report in ￿SpeCt of my examination of the charity's finantlal statements
carrled out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying Out my examlnatlon I have followed all the
appllcable Directlons given by the Charity Commisslon under se¢tlon 14515llbl of the 2011 Act,
Independent examlner'5 Statement
I have completed my examlnation. I conflrm that no matters have come to my attentlon In connectlon wlth the examlnatlon
giving me cause to belleve that in any material respect..
accounting retords were not kept in respect of the charity as requlred by sectlon 386 of the 2006 Act; or
the flnancial statements do not accord wlth those records,. or
the financial statements do not comply wlth the accountlng requlrements of section 396 of the 2006 Act other than anv
requlrement that the accounts give a true and fair view whlch is not a matter consldered a5 Part of an Independent
examination. or
the flnanclal statements have not been prepared In accordance wlth the methods and prlnclples of the Statement of
Recommended Practlce for accountlng and reportlng by charitles appllcable to charltles preparin8 thelr accounts in
accordance with the Financlal Reportlng Standard applicable In the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters In connection with the examlnation to whlch attentlon should be
drawn in this report in order to enable a proper understanding of the flnancial statements to be reached.
lan Thompson BAIHons), FCA
Salnt & Co
4 Mason Court
Glllan Wav
Penrlth
Cumbria
CAII 9GR
Dated..

PENRITH PARISH CENTRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlcted
funds
2023
Restrlcted
funds
2023
Total
Unrestrirted
funds
2022
Restrlcted
funds
2022
Total
2023
2022
Notes
Income from:
Donatlons and legacies
Charitable actwities
Other tradlng activltles
Inve5tmentS
1,386
28,635
1,386
28,635
9,761
9,761
20.558
850
iio
20,558
850
74
383
383
36
Total Income
30,404
30,404
21,482
9.797
31,279
Expendlture on:
Charitable actSvitles
15,019
8,312
23,331
28,143
57,141
85,284
Total expendlture
15,019
8,312
23,331
28,143
57,141
85,284
Net Income/(expendlture) and
movement In funds
15,385
18,3121
7,073
16,6611
147,3441
154,0051
Re¢onclllatSon of fvnds:
Fund balances at l January 2023
18,437
8,312
26,749
25,098
55.656
80,754
Fund balances at 31 December
2023
33,822
33,822
18,437
8,312
26,749
The statement of flnanclal activltles Includes all galns and losses recognlsed In the year. All Income and expendlture derive
from continulng actlvitles.

PENRITH PARISH CENTRE LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT31 DECEMBER 2023
2023
2022
Notes
Flxed assets
Tangible assets
13
6,274
7,842
Current asset5
Debtors
Cash at bank and in hand
971
18,957
14
923
27,425
28,348
18001
19,928
11,0211
Credltors: amounts fallin8 due wlthin one year
15
27.548
18,907
Net current assets
Total assets less ¢urrent Ilabllltles
33,822
26,749
Net assets extludln8 penslon Ilablllty
33,822
26,749
The funds of the charSty
Restricted Income funds
Unrestricted f unds
17
8,312
18,437
33,822
33,822
26,749
The company is entltled to the exemptlon from the audlt requlrement contained In section 477 of the Companles Act 2006, for
the year ended 31 December 2023.
The dlrector5 acknowledge their responslbllltles for complying wlth the requlrement5 of the Companle5 Act 2006 wlth respect
to accounting records and the preparation of financlal statements.
The members have not required the company to obtaln an audlt of its flnanclal statements for the year In question In
accordance wlth sectlon 476.
These financial statements have been prepared in accordance with the provlsions applicable to companies subject to the small
companies regime.
The financial statements were approved by the trustees on .
MrLHo
Trustee
Company registration number 04858513 (England and Wales)

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng poll¢ie5
Charlty Informatlon
Penrlth Parlsh Centre Llmited is a private company Ilmited by guarantee Incorporated in England and Wales. The
registered office is Penrith Parish Centre, Salnt Andrews Place, Penrith, Cumbria, CAII 7XX.
The members of the company are the Trustees named on page 3. In the event of the company belng wound up, the
Ilablllty in respect of the guarantee is limited to £10 per member of the company.
1.1 Accountlng ¢onventlon
The financlal statements have been prepared In accordance wlth the charlty's governing document, the Companies Act
2006, FRS 102 "The Flnancial Reporting Standard applicable in the UK and Republic of Ireland" I"FRS 102,1 and the
CharltSes SORP "Accounting and Reportln8 by Charitles: statement of Recomrnended Practice applicable to charities
preparing their accounts In accordance wlth the Flnanclal Reporting Standard applicable In the UK and Republic of
Ireland IFRS 1021" leffective l January 20191. The charity is a Publlc Benefit Entlty a5 defined by FRS 102.
The charlty ha5 taken advantage of the prov151ons In the SORP for charitles not to prepare a Statement of Cash Flows.
The financial Statements are prepared In sterling, which Is the functional currency of the charity. Monetsry amounts In
these flnancSal statements are rounded to the nearest £.
The flnancial statements have been prepared under the historlcal cost conventlon. The prlncipal accounting pollcles
adopted are set out below.
1.2 Goln8 Concern
At the time of approvlng the financial statements, the trustees have a reasonable expectation that the charlty has
adequate resource5 to continue in operational ex15tence for the foreseeable future. Thus the trustees continue to adopt
the going concern basls of accounting in preparing the flnancial ststements.
1.3 Charltable funds
Unrestricted fund5 are available for use at the discretion of the trustees in furtherance of their charitable objective5.
Restrlcted funds are subject to specific condltions by donors or grantors as to how they may be used. The purposes and
uses of the restrlcted funds are set out In the notes to the financial statements,
1.4 Income
All incoming resource5 are included In the statement of flnancial actlvltie5 when entitlement ha5 pa55ed to the charltv,.
it is probable that the economic benefit5 a550ciated with the transaction will flow to the charity and the amount can be
reliably measured. The followlng 5peciflc policie5 are applied to particular categories of income:
income from donations or grants Is recoEnised when there Is evidence of entitlement to the gift, receipt is
probable and Its amount ca n be measured reliablv.
legacy income Is recognlsed when receipt is probable and entitlement Is estsblished.
income from donated goods is measured at the fair value of the good5 unless this is impractical to measure
reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated
facilities and servlce5 are recognised In the accounts when ￿ceiVed if the value can be reliably measured. No
amounts are included for the contributlon of general volunteers.
income from Contracts for the supply of servlces is recognised with the delivery of the contracted servlce. This
Is classified as Un￿strIcted funds unless there is a contractual requirement for it to be spent on a particular
purpose and returned if unspent, in which case it may be regarded as restricted.

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcies
(Contlnuedl
1.5 Expendlture
Expenditure is recognlsed on an accruals bè5is as a Ilabillty Is incurred. Expendlture includes any VAT whlch cannot be
fully recovered, and is classified under headings of the ststement of flnanclal activlties to which it relates:
expenditure on raising funds includes the costs of all fundfaislng activitles. events, non-charitable trading
activltles, and the sale of donated good5.
expendlture on charltable actlvitles Includes all costs Incurred by a charlty In undertaklng actlvltles that further
its charitable alms for the benefit of Its beneflciaries, includlng those support costs and costs relatln8 to the
governance of the charlty apportioned to charitable actlvities.
other expendlture Includes all expendlture thatls nelther related to ralsing funds for the charlty nor part of It5
expendItU￿ on charltable activltles.
All costs are allocated to expendlture categorles reflectlng the use of the resource. Dlrect cost5 attributable to a single
activlty are allocated directly to that octlvity. Shared costs are apportloned between the actlvltle5 they contribute to on
reasonable. justifiable and con51Stent basis,
1.6 Tangible flxed assets
T3nglble fixed assets are Inltially measured at cost and subsequently measured at Cost or valuatlon. net of depreclatlon
and any Impalrment10sses,
Depreciatlon Is recognlsed so a5 to write off the cost or valuatlon of asset5 less their resldual values over their useful
Ilves on the following bases.,
Freehold land and buildlngs
Plant and equSpment
Fixtures and fittings
Computers
20% fteduclng 8alance
20% Reduclng Balance
20% Reduclng 8alance
20% Reduclng Balance
The galn or105s arSslng on the d15posal of an asset Is deternilned as the dlfference between the sale proceeds and the
carrying value of the asset, and is recognised In the statement of flnancial activlties.
1.7 Impalrment of fixed assets
At each reportlng end date, the charity reviews the carrying amounts of St5 tangible a55ets to determine whether there
is any indlcation that those assets have Suffered an Impairment 105$. If any such indication exists, the recoverable
amount of the a55et Is estimated In order to determlne the extent of the Impairment loss lif any).
1.8 Cash and cash equlvalents
Cash and cash equivalents Include cash In hand, deposit5 held at c311 wlth banks, other short-term liquid investments
wlth origln81 maturitles of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlng5 in
current li3bllities.

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng policles
Icontlnued)
1.9 Flnan¢lal instruments
The charlty has elected to apply the provisions of Section 11 '8asic Financial Instrument5. and Section 12 '0ther
Flnancial Instruments155ues' of FRS 102 to all of its financlal Instruments.
Flnanclal Instruments are recognised sn the charity's balance sheet when the charlty becomes party to the contractual
prov15ions of the instrument.
Flnancial assets and liabilities are offset, wlth the net amounts presented in the financial statements, when there 15
legally enforceable right to Set off the recognised amounts and there 15 an intention to settle on a net basis or to rea lise
the asset and settle the Ilabillty slmultaneously.
8aslcfinanclal ossets
Basic financial assets, whlch include debtors and cash and bank balances, are InStlally measured at transactlon price
Includlng tran5aCtlon costs and are subsequently carrled at amort15ed cost usSng the effective interest method unless
the arrangement constltutes a financing transactlon, where the transactlon Ss measured at the present value of the
future receipts dlscounted at a market rate of interest. Flnancial assets classified as receivable within one year a fft not
mortised.
8051cllnanclol Ilobllltles
8asic financial liabilltles, includlng credltors and bank loans are Inltlally recognised at transactlon prlce unless the
rrangement constitute5 a flnanclng transaction, where the debt instrument 15 measured at the present value of the
future payments discounted at a market rate of Interest. Flnancial liabllitSes classlfSed as payable within one yea r are not
amortised.
Debt Instruments are subsequently carrled at amortSsed cost, uslng the effective Interest rate method.
Trade credltors are obllgations to pay for good5 or services that have been acquired in the ordlnary course of operatlon5
from supplier5. Amounts payable are classified as current liabilitie5 If payment Is due within one year or less. If not, thev
are presented as non-current liabilitles. Trade creditors are recognised initially at transaction price and subsequently
measured at amortised cost using the effective interest method.
Dere¢ognltlon ofAlnonciol Ilabllltles
Financial liabillties are derecogni5ed when the charlty's Contractual obllgatlons explre or are discharged or cancelled.
1.10 Retlrement beneflts
Payments to defined ¢ontrlbution retlrement benefit schemes are charged as an expense as they fall due.
Crltlcal accountlng estimates and judgements
In the appllcation of the charlty's accountin8 policies, the trustees are requSred to make Judgements, estirnates and
a55umptlons about the carrylng amount of assets and IlabllStles that are not readily apparent from other sources. The
estlmates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estlmates.
The estlmates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate5 are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future period5 where the revision affects both current and future periods.
10-

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Income from donatlon5 and legacies
Unrestrlrted
funds
2023
Restrirted
funds
2023
Total
Unrestrlrted
funds
2022
Restrlcted
funds
2022
Total
2023
2022
DonatSons and gifts
Government grant income
1,386
1,386
3,469
6,292
3,469
6,292
1,386
1,386
9.761
9,761
Donatlons and glfts
Gift Aid
Cash Donations
Other
730
730
315
341
3.020
449
3,020
449
315
341
1,386
1,386
3,469
3,469
Income from charltable attlvltles
Unrestrirted
funds
2023
Unrestrlcted
funds
2022
Room lettlngs
Charltable rental income
28,635
20,558
In¢ome from other tradln8 actlvit5es
Unrestrlcted
funds
2023
Unrestrlrted
funds
2022
Trading activlty income: other
850
11

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Income from Investments
Unrestricted
funds
2023
Restrlcted
fund5
2023
Total
Unrestrlcted
funds
2022
Restricted
funds
2022
Total
2023
2022
Interest recelvable
383
383
74
36
iio
Expendlture on charltable actlvltles
Room lettlngs Room lettlngs
2023
2022
DSrect costs
Staff costs
Depreciatlon and impolrment
PremSses cost5
7,132
1,568
13,718
17,309
1,960
65,134
22,418
84,403
Share of support and governance costs (see note 81
Governance
913
881
23,331
85,284
Analy51s by fund
Unrestricted funds
Restrlcted funds
15,019
8,312
28,143
57,141
23,331
85,284
Support Costs allocated to artlvltles
2023
2022
Governance costs
913
881
Analysed between:
Room lettings
913
881
12-

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs allocated to activitles
(Contlnued)
2023
2022
Governance costs comprlse:
Independent examination fees
Bank charge5
840
73
Boo
81
913
881
Net movement In funds
2023
2022
The net movement in fund5 15 Stated after chargingllcreditlngl:
Fees payable for the independent examlnatlon of the charlty's flnanclal statements
Depreclatlon of owned tangible fixed assets
840
1,568
840
1,960
10 Trustees
None of the trustees lor any person5 connected wlth them) recelved any remuneratlon or benefits from the charity
durSng the year.
li
Employees
The average monthly number of employee5 during the year wa5..
2023
Number
2022
Number
Employment costs
2023
2022
Wages and salaries
Other pension costs
7,019
113
17,148
161
7,132
17,309
There were no employee5 whose annual remuneratlon was more than £60,000.
13-

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
li
Employees
{Continued)
Remuneration of key management personnel
The remuneratlon of key management personnel was as follows:
2023
2022
Aggregate compensation
7,132
11,727
12 Taxatlon
The charlty Is exempt from taxatlon on its activitles because all its income Is applied for charitable purposes.
13 Tang5ble flxed assets
Freèhold land
and bulldln85
Plant and
equlpmenl
Flxtures and
flttln8S
Computsrs
Total
Cort
At l January 2023
69,798
6,557
994
837
78,186
At 31 December 2023
69,798
6,557
994
837
78,186
Depre¢latlon and Impalrment
At l January 2023
Depreciation charged In the year
65,545
851
3,685
574
587
81
527
62
70,344
1,568
At 31 December 2023
66,396
4,259
668
589
71,912
Carryln8 amount
At 31 December 2023
3,402
2,298
326
248
6,274
At 31 December 2022
4,253
2,872
407
310
7,842
14 Debtors
2023
2022
Amourrt5 falllng due withln one year:
Trade debtor5
923
971
14-

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Credltors: amounts falling due wlthin one year
2023
2022
Other taxation and social security
Accruals and deferred income
221
800
800
800
1,021
16
Retirement benefit schemes
2023
2022
Defined contrlbutlon schemes
Charge to profit or loss in respect of defined contrlbutlon schemes
113
161
The charity operates a deflned contrlbutlon pension scheme for all qua11fylng employees. The assets of the scheme are
held separately from those of the charlty in an Independently administered fund.
17
RestrS¢ted funds
The restricted funds of the charlty comprise the unexpended balances of donatlons and grants held on trust subject to
speclfic condltions by donors as to how they may be used.
At ljanuary
2023
Incomln8
resources
Resource5 At 31 December
expended
2023
Restrlcted Fund
8,312
18,3121
Prevlous year:
At ljanuary
2022
Incomln8
resources
Resour¢es At 31 December
expended
2022
Restrlcted Fund
55,656
9,797
157,1411
8,312
18
Unrestrlcted funds
The unrestricted fund5 of the charity comprise the unexpended balances of donations and grants which are not subject
to specific conditions by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the trustees for speclflc purposes.
At l January
2023
Incoming
resour¢es
Resour¢es At 31 December
expended
2023
General funds
18,437
30,404
115,0191
33,822
15

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18
Unrestrlcted fund5
(Continued)
Previous year:
At l January
2022
Incomlng
resources
Resources At 31 December
expended
2022
General funds
25,098
21,482
128,1431
18,437
19
Analysls of net a55ets between funds
Unrestrlcted
funds
2023
Restrlcted
funds
2023
Total
2023
At 31 December 2023:
Tangible asset5
Current assets/lliabllltie51
6,274
27,548
6,274
27,548
33,822
33,822
Unrestrlcted
funds
2022
Restrlcted
funds
2022
Total
2022
At 31 December 2022:
Tanglble 055ets
Current a5sets/lliabiiitlesl
757
17,680
7,085
1,227
7,842
18,907
18,437
8,312
26,749
20 Operatlng lease commltments
Lessee
At the reporting end date the eharlty had outstandlng commitments for future minimum lease payments under non-
cancellable operatSng leases, whlch fall due as follows:
2023
2022
Wlthin one year
Between two and five years
In over five years
1,000
5,000
1,000
5,000
1,000
6,000
7,000
16-

PENRITH PARISH CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
21
RelatÈd party transactions
The charlty has paid £500 rent in the year to St Andrew's Room Trust of whom Rev. Davld Sargent Is also a trustee.
There were no other dlsclosable related party transactions during the year12022 - none).
17-