OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-01-31-accounts

The Pilion Trust (A Registered Charity and Company Limited by Guarantee)

UNAUDITED REPORTS AND FINANCIAL STATEMENTS

For the year ended 31 January 2022.

Registered Charity No. 1122628

Registered as a Company in England & Wales No. 06043010

1

THE PILION TRUST LEGAL AND ADMINISTRATIVE INFORMATION For The Year Ended 31 January 2022

__________

CONTENTS Pages
Legal and administrative details 3
Trustees report 4 - 12
Independent Examiner’s report 13
Statement of financial activities 14
Balance sheet 15
Notes to the accounts 16 - 19

(Ghana Pilion – 3 yr old Rama receives her first teddy bear)

2

THE PILION TRUST LEGAL AND ADMINISTRATIVE INFORMATION For The Year Ended 31 January 2022

__________

Registered Charity Number: 1122628

Company Registration Number: 06043010

Official Company Name: The Pilion Trust Ltd Other Names used: Pilion Trust; Pilion

Principal address and Registered Office

60 Lough Road, London N7 8RH

Trustees/ Directors of the Charity and Company

Dolores Monica Steadman Chair Marvyn Raymond Marques Treasurer

Company Secretary

Annalisa Vininanza

Chief Executive

Savvas Panas

Independent Examiner

Shruti Soni FCCA FCIE Shruti Soni Ltd 117A St John’s Hill Sevenoaks TN13 3PL

Bankers

Lawyers

Lloyds TSB Bank Highbury Corner Branch 31-33 Holloway Road London N7 8JU

Lextent Partners PPL Palmerston House 51 Palmerston Street Bollington SK10 5PW

3

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

The Pilion Trust Board of Trustees are pleased to present their Annual Report together with our Financial Statements for the year ending 31st January 2022. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company’s governing document and the provision 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 (FRS2) (effective 1 January 2015).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Structure: Simple Line Management Board of Trustees – CEO - Senior Staff – Junior Staff – Volunteers – Students – Beneficiaries Governance: Trustees govern and direct

Management: CEO leads – manages – delivers

Constitution:

The charity is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association and Articles of Association on 05/01/2007.

The company is constituted under a Memorandum of Association dated 05/01/2007 and is a registered charity number 1122628.

Induction and training of New Trustees

All Pilion Trust Trustees receive a full induction upon being elected to the Board of Trustees. The induction is a comprehensive overview of the work of the organisation, and includes detailed information about our income both restricted and unrestricted.

Trustees are informed about our service level agreements (SLA’s) with key funders and Formalised Working Partnerships. A thorough introduction to the organisation's strategic and business plan, financial procedures and budget for the current financial year together with a series of briefing meetings with the Chair, other Board members, CEO and the Charity's staff, volunteers, students and some beneficiaries.

Trustees are also encouraged to attend relevant courses, seminars, conferences and networking events, during the year as appropriate, also to take up e-learning and peer training via email and given a list of appropriate specialist websites to further their personal development at their leisure; this is an on-going obligation.

Organisational structure

Pilion Trust’s organisational structure is linear and designed to be quite simple. This simplicity of structure allows us fluidity and speed when setting up pilot schemes and emergency projects like our Youth Shelter which we found an extremely urgent need to set up quickly over the last winter period.

Risk management

The Pilion Trust Board of Trustees understand and fully comply with their duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls

4

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________ are in place; to provide reasonable assurance against fraud and error. Risk is an on-going reality and the Pilion Trust Board recognise that calculated risks need to be taken to further the objects of the charity and that risk taking can have both negative and positive outcomes or can be both threats or opportunities. In light of this we will always adhere to professional advice in the areas where we need said advice.

Environmental Responsibilities

The Pilion Trust Board of Trustees takes their environmental responsibilities very seriously understanding the world resources are stretched and dwindling and aim to reduce our carbon footprint as much as possible while maintaining an organisational standard of quality.

Public Benefit

The Pilion Trust Board of Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity. The following sections demonstrate our provision of public benefit.

OBJECTIVES AND ACTIVITIES

OUR MISSION STATEMENT

To work with vulnerable and excluded people, many of whom are homeless and have complex needs. We believe in empowering the most disadvantaged members of our society to gain control of their lives and place within their community.

5

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

ACHIEVEMENT AND PERFORMANCE 2021/2022

The Pilion Trust

The Pilion Trust was established and incorporated as a company limited by Guarantee on 5th January 2007 and achieved Registered Charity status on 5th February 2008. The Pilion Trust specialises in supporting, advocating for vulnerable people and families suffering with unmet complex needs such as: drug or alcohol misuse; mental or physical ill health; homelessness; Domestic Violence and/or abuse; trafficked people; young people at risk; disabilities; learning difficulties and offenders returning to their communities.

The charity supports people through any future challenges which they feel unconfident or ill equipped to resolve on their own. We are established in the London Borough of Islington, and work across all London Boroughs and from across all UK regions. We work in Partnership with the local authority and other compatible organisations/agencies and charities across all London Boroughs and the whole of the United Kingdom.

This year with continuous funding cuts and closures of front line services, we continue to see an increase in people and families accessing our services due to the constantly changing and shifting political landscape.

This has created more work for our charity; by increasing the volume of people who require our services at the same time as the financial landscape is decreasing. This is a familiar theme for The Pilion Trust having been created and established at a time of desperate need for the people coping with severe complex needs.

Pilion Trust have become experts at doing even more with even less; but recognise the serious negative impact and emotional strain on the whole organisation is enormous. The only positive in the present time is the volume of people who have and are still being supported by the Pilion Trust staff to create and maintain stable lives.

Finally, my heartfelt thank you to all our staff members, volunteers, students, partners, local businesses and the local Community who all have again outdone themselves in enhancing the organisation’s reputation and built on their success from last year.

Dolores M Steadman Chairwoman

6

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

Our Services:

ECO Project

The Enhanced Community Outreach Service (ECO) has developed its links and accessibility to work with the hidden homeless and those at risk of losing their homes. The Project delivers outreach in grassroots and faith based charities and groups. The Outreach Workers cover the London Boroughs of Islington, Haringey, Camden, and Hackney and working with vulnerable people with complex needs.

Over 1,246 homeless people were supported in accessing specialist housing, treatment, and mental health services; generic housing; accessing benefits and statutory rights as well as advocacy in legal matters and more.

Ringcross Community Centre

The Community Centre has seen an amazing growth in organisations coming to use the Centre of the past 12 months. They include: The Oromo Association; Kurdish Families Association; Back 2 Basics Create; Eritrean Community Association; Islington Somali Association; Islington Bangladeshi Community; British Red Cross; Kurdish Community; Hyde Plus; Islington Housing; DWP and Job Centre Plus; London Probation Service; NHS; Islington Adult Social Care; Islington Book Clubs; Children Carers Association; Alexandra Wylie Tower Foundation; Solace Women’s Aid; St. Giles Trust, Help on your Doorstep; Islington Law Centre; Centre 404; and many more.

The Centre delivers the following schemes; Elevenses Group – Social activities for people over 60 years old who face isolation, loneliness and hardships in these difficult times. The group offers tea and coffee morning, current affairs, arts and crafts sessions, luncheon and bingo.

The group lost over 23 friends during the pandemic but the core group has increased to 63 members.

7

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

Tiny Tots Stay and Play – Under 4 year olds activities including messy play, story time, singing and dancing and play. Open to parents, nannies, child minders and carers of children under 4.

The group run “Messy Play”, Reading, Story Telling and creative activities for the children throughout the year.

Ringcross Fresh Food Bank: Giving out free fruit, vegetables and bread 3 days per week from 12 to 4pm. Over 250 households attend each of the 3 days we are open to collect fresh produce as they face economic hardships. We are actually feeding 470 households (families, children and vulnerable adults) weekly.

In addition to the Food Bank we also run 5 yearly Clothing Give Away Days of clothes for men, women and children; toys; books; household items; kitchen items and small electrical items.

We see over 120 people attend each Clothing Day.

• Other Hirers included: MMA–RAP; Calvary Evangelical Church, Friends of Paradise Park, RIngcross TRA; Gendered Intelligence; Islington Cycle Club: Full Tabernacle Church; Ghanaian ex- service men and women association; Islington Boccia; irish Dancing; Afro Zumba; Islington Young Carers, and BAMER Groups such as Turkish Kurdish Women’s Group and The Oromo Community group.

8

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

Ghana Pilion

This year The Pilion Trust has been able to support poor unskilled families to set up market stalls in Accra’s outskirts settlements such as Galilea, Kasoa, Kokobite and the surrounding areas .

We were also able to set the following:

• An apprenticeship programme for over 14 to 16 year olds who are not in education in motor bike and car mechanics in the areas of Galilea and Kasoa with Idris Motors.

• 3 school support programme with a primary school in Nkawkaw over 300 children benefiting from education

materials and IT equipment.

Partnerships:

Islington Foodbank:1,368 vouchers have been issued this year in the borough of Islington. We have seen an increase in food poverty and child poverty. Within the Borough we continue to see individuals and families struggling to manage their homes and provide food. Most of our clients are people in employment who still struggle to pay bills and feed their families.

Islington RSS: Working in partnership with Islington’s Housing Department to assess and assign grant funding to those who are the most vulnerable and/or likely to lose their homes if some basic needs were not met within their homes.

The funding was designated for people who have been homeless and are setting up a home for the first time; or those at risk of losing their home if basic factors were not met within their home.

Team Building: The Pilion Trust works

proactively on all levels of the organisation in developing essence of belonging. We

9

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

deliver away days, conferences, team meetings, training and an organisational intranet to enable broader communication across the charity.

Profile-raising and Outreach: The Pilion Trust works tirelessly with numerous organisations and partnerships to develop and raise their profile and the profile of its Services.

Future Plans

To continue building and consolidating the organisation and the projects we currently have while slowly developing projects designed to support the altering needs of our clients and the disadvantaged people we work with; still delivering person centred and positive outcome focused programmes created from stakeholder feedback.

Annual Plan for 2021/22

Volunteers/Students

To continue developing our volunteer training programmes with the feedback from each annual intake of volunteers and students and adding to the current support we provide.

10

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

In Loving Memory of our friend and colleague Mrs Stella Aguocha who passed away and left us and her children due to the Pandemic and Covid 19, “You may have left but you remain very much alive in our hearts and thoughts”

11

THE PILION TRUST TRUSTEES REPORT For The Year Ended 31 January 2022

__________

Financial review of the year

The statement of financial activities shows the incoming resources of £122,447 (2020-21: £103,455)

The expenditure £88,960 (2020-21: £92,019) has decreased from the previous year. The charity carries forward funds of £4,290

Reserve policy

Trustees are fully aware of the low level of reserve that is due to the nature of charity’s funding sources. All attempts are made to improve the general reserve to a level of three months operating costs of the charity that trustees consider necessary to maintain the continuity of the charity.

TRUSTEES’ RESPONSIBILITIES STATEMENT

The trustees (who are also the directors of The Pilion Trust 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 Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SMALL COMPANY SPECIAL PROVISION

The report of the trustee has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006. This report is approved, and authorised for issue, by the trustee on 03.03.2023 and signed on their behalf by:

Dolores Monica Steadman, Chairwoman

12

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEE OF THE PILION TRUST

__________ I report on the financial statements of the Charity for the year ended 31 January 2022 which are set out on pages 14 to19.

RESPONSIBILITIES AND BASIS OF REPORT

As the Charity Trustees of a company (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to ne audited under part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011(‘the 2011 Act’). In carrying out my examination I have followed the Directions given by Charity Commission under sections 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. The accounts do not accord with those records; or

  3. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. The accounts have not been prepared in accordance with the methods and principals of the Statement of Recommended Practice for accounting and reporting by charities applicable with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102)

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached,

Signed: Dated: 03.03.2023 Shruti Soni FCCA FCIE Shruti Soni Ltd 117A St John’s Hill Sevenoaks TN13 3PL

13

THE PILION TRUST

STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 January 2022

__________

Notes
INCOMING RESOURCES
Incoming resources from generated
funds:
Voluntary income
2
Incoming resources from charitable
activities
2
Gifts in kind
2
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Charitable activities
Charitable
3
Governance costs
3
TOTAL RESOURCES EXPENDED
Net incoming/(outgoing) resources
before transfer
Transfer between funds
RECONCILIATION OF FUNDS
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Total 2022
Total 2021
Funds
Funds
Funds
Funds
£
£
£
£
-
61,611
61,611
50,993
7,812
10,835
18,647
16,208
16,876
25,313
42,189
36,254
24,688
97,759
122,447
103,455
4,560
83,400
87,960
91,519
-
1,000
1,000
500
4,560
84,400
88,960
92,019
20,128
13,359
33,487
11,436
(20,128)
(13,359)
(33,487)
(11,436)
-
-
4,290
7,116

All recognised gains and losses are included in the Statement of Financial Activities. All activities during the above two financial years arose from continuing operations. The accompanying notes are an integral part of these financial statements.

14

NOTES TO THE ACCOUNTS For The Year Ended 31 January 2022

THE PILION TRUST

__________

Notes
FIXED ASSETS
Tangible assets
6
TOTAL FIXED ASSETS
CURRENT ASSETS
Stocks – arts
7
Debtors
8
Cash at bank and in hand
TOTAL CURRENT ASSETS
LIABILITIES
Creditors: Amounts falling due within
one year
9
NET CURRENT
ASSETS/(LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY
Unrestricted funds
Restricted
TOTAL CHARITY FUNDS
10		 Unrestricted
Total Funds
Total Funds
Funds
31-Jan-2022
31-Jan-2021
£
£
£
20,457
20,457
15,176
20,457
20,457
15,176
18,965
18,995
16,933
23,651
23,651
14,411
5,180
5,180
4,290
47,826
47,826
35,634
(27,369)
(27,369)
(20,458)
13,976
13,976
8,700
(13,393)
(13,393)
(13,768)
(13,393)
(13,393)
(13,768)
7,812
7,712
7,116
10,835
10,835
2,270
18,647
18,647
11,436

For the year ended 31 January 2022 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees Responsibilities:

Dolores Monica Steadman Chairwoman

15

THE PILION TRUST

NOTES TO THE ACCOUNTS For The Year Ended 31 January 2022

__________

1) ACCOUNTING POLICIES

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Support costs are those costs incurred directly in support of expenditure on the object of the company.

Costs of generating funds are costs incurred in attracting voluntary income.

Charitable activities and Governance costs are costs incurred on the company’s charitable operations, including support costs and costs relating to the governance of the company appointed to charitable activities.

All Resources expended are inclusive of irrecoverable VAT.

1.6 Reconciliation with previous Generally accepted Accounting Practice.

In preparing these accounts, the Trustees 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.

1.7 Tangible Fixed Assets and Depreciation.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Leasehold Improvements - Over the term of the lease (including subsequent
leases on the same property where relevant)
Plant and Machinery - 25% straight line and 50% straight line
Motor Vehicles - 33.33% straight line
Office Equipment - 33.33% straight line

1.8 Operating Leases.

Rentals under the operating leases are charged to the Financial Activities Incorporating Income and Expenditure Account on a straight line basis over the lease term.

1.9 Interest Receivable.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

1.10 Debtors.

Trade and other debtors are recognized at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid met of any trade discounts due.

1.11 Cash at Bank and in Hand.

16

THE PILION TRUST NOTES TO THE ACCOUNTS For The Year Ended 31 January 2022

__________

Cash at bank and in hand included cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1 .12 Liabilities.

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt to the amount it has received as advanced payment for the goods or services it must provide.

1.13 Financial Instruments.

The company only has financial assets or financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognized at transaction value and subsequent measured at their settlement value with the exception of bank loans which are subsequently measured at amortized cost using the effective interest method.

2) INCOMING FROM DONATIONS AND GRANTS

2022 2021
Unrestricted Restricted Total Total
£
£		 £ £
Incoming resources from generated funds:
Local Authority Funds - 37,360 37,360 20,516
Partnerships/ Consultations - 24,250 24,250 30,477
Charities & Trust - 10,862 10,862 12,023
Hire Charges 11,189 7,459 18,648 4,185
Gifts in kind (art work) - 9,411 9,411 12,303
Donations 21,916 - 21,916 23951
TOTAL INCOMING
RESOURCES 33,105 89,342 122,447 103,455

In accordance with specific conditions of grant we are pleased to acknowledge the generous support of all of the funders.

3) ANALYSIS OF RESOURCES EXPENDED

2022 Total 2021 Total
Charitable activities £ £
Human resources costs 50,136 45,311
Office running costs 3,746 1,740
Rent & rates 9,482 4,500
Insurance 563 1,254
Utilities 2,929 4,616
Building Repairs and Decoration 3,547 1,378
Telephone/Internet/Stationery 3,461 3,895
Travel, meeting & subsistence 1,583 5,205
Dues and subscriptions 442 411

17

THE PILION TRUST

NOTES TO THE ACCOUNTS For The Year Ended 31 January 2022

__________
Client Welfare Grants
Consumables/Cleaning/Laundry
Training
Professional fees
Bank charges
Loans
Equipment
Depreciation
Other expenses
TOTAL CHARITABLE ACTIVITIES
Governance costs
TOTAL		 ______
1,086
2,242
3,828
8,736
540
-
6,200
5,826
195
126
*
-
1,400
1,875
1,398
1,147
1,424
2,249

87,960
91,519
1,000
200

88,960
92,019**

4) TRUSTEE REMUNERATION

Trustees received no remuneration during the year (2021-22 = £nil). No trustees received any payments for professional services during the year (2021-22 = £nil).

5) STAFF COSTS

Wages and salaries including NI
Agency and casual staff		 2022
2021
£
£
50,136
30,696
6,200
5,615
56,336
45,311

Wages and salaries include Employer’s NI contribution

Average Number of staff: 1(full-time) & 4 (part-time)

6) TANGIBLE FIXED ASSETS

Asset Cost
At 1 February 2021

At 31 January 2022
Accumulated
Depreciation
At 1 February 2022
Charge for the year

At 31 January 2022
Net Book Value
At 31January 2022
 Fixtures &
Fittings
Computer
Equipment
Totals
£
£
£

4,399
7,300
11,699

596
955 1,551
264
438
702
854
1,393
2,253


3,545
5,907
9,446

18

THE PILION TRUST NOTES TO THE ACCOUNTS For The Year Ended 31 January 2022

__________

7) STOCKS

Donated arts material
Furniture and White Goods
TOTAL DEBTORS		 Total at
Total at
31-Jan-22
31-Jan-21
£
£
745
-
4,680
3,100
5,425
3,100

Trustees estimated this amount based on potential sales value

8) DEBTORS

Sundry Debtors
Prepaid expenses
Grant receivable
TOTAL DEBTORS		 Total at
Total at
31-Jan-22
31-Jan-21
£
£
5,109
4,800
1,641
1,278
3,700
8,333
10,450
14,411

9) CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals
PAYE/NI
Deferred Income
Loan from director
Other creditors
TOTAL CREDITORS		 Total at
Total at
31-Jan-22
31-Jan-21
£
£
6,588
3,568
1,568
3,132
-
-
-
-
3,561
-

11,717
6,700

19