ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION No. 1125022
COMPANY REGISTRATION No. 06166971
BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
Contents
Page 3 Legal and Administrative Information Page 4 to 7 Directors' Annual Report Page 8 Statement of Financial Activities Page 9 Balance Sheet Page 10 to 15 Notes to the Financial Statements Page 16 Independent Examiner's Report
BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
CHARITY NUMBER 1125002 COMPANY REGISTRATION NUMBER 6166971 LEGAL STATUS Incorporated Charity DATE OF INCORPORATION 19th March 2007 START OF FINANCIAL YEAR 1st April 2023 END OF FINANCIAL YEAR 31st March 2024 DIRECTORS AT 31ST MARCH 2023 Linda Austin Michael Butler Hayley Franco Krishnan Vaidyanathan (appointed 17th October 2023) David Fielder (resigned 26th February 2024)
GOVERNING DOCUMENT
Memorandum & Articles of Association Dated 19th March 2007
OBJECTS
1) to promote sustainable development for the benefit of the public by:
a) the preservation, conservation and the protection of the environment and the prudent use of natural resources, particularly in Brighton and Hove and the surrounding area,
b) the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities, particularly in Brighton and Hove and the surrounding area, and
c) the promotion of sustainable means of achieving economic growth and regeneration, particularly in Brighton and Hove and the surrounding area.
2) to advance the education of the public in subjects related to sustainable development and the protection, enhancement and rehabilitation of the environment and to promote study and research in such subjects provided that the useful results of such study are disseminated to the public at large.
3) to advance the education of the public in subjects related to peace movements, the causes and effects of war and the peaceful settlement of conflicts.
Note: "Sustainable development" means "development that meets the needs of the present without compromising the ability of future generations to meet their own needs".
REGISTERED ADDRESS
Brighton Eco Centre 39-41 Surrey Street Brighton, BN1 3PB
PRIMARY BANKERS
INDEPENDENT EXAMINER
CAF Bank 25 Kings Hill Avenue Kings Hill West Malling, ME19 4JQ Robin Headlam ACPA Partners In Enterprise Ltd 9 St Georges Place Brighton, BN1 4GB
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31ST MARCH 2024
The Trustees of the Brighton Peace and Environment Centre (BPEC) are pleased to present their report and financial statements for the year ended 31st March 2024.
1. Organisational Structure and Management
Brighton Peace and Environment Centre is a charitable company limited by guarantee; it was incorporated on 19[th] March 2007 and registered as a charity on 15[th] July 2008.
Brighton Peace and Environment Centre was established under a Memorandum of Association, which describes the objects and powers of the charitable company; it is governed under its Articles of Association. Under those Articles, the Trustees are elected by quorum at the annual general meeting. The quorum consists of at least two Members entitled to vote upon the business to be conducted at the meeting or one tenth of the total membership, whichever is the greater.
The Members have guaranteed to contribute a maximum of £1 each in the event of the company being wound up.
All members of the Trustee Board give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in note 2 to the accounts.
1.1 Governance and decision-making
The Board of Trustees governs Brighton Peace and Environment Centre and meets at least 6 times a year to discuss and review strategy, planning, development and financial matters. Additional working groups and committees are convened for specific purposes between meetings. Day-to-day management of the organisation is delegated to the staff.
1.2 Recruitment, appointment, induction and training of trustees
Skills audits of the existing Trustees are undertaken to identify whether there are any skill gaps. When vacancies arise, the Trustees look to individuals who have expressed an interest in our work.
1.3 Public Benefit
In shaping our objectives and planning our activities for the year, the Trustees have considered the duties set out in section 4 of the Charities Act 2006 to have due regard to public benefit. In particular the trustees have considered how the planned activities will contribute to the overall aims and objectives that they have set.
The Trustees believe that the following paragraphs, specifically on the “Objectives and Activities” and “Achievement and Performance” for the year, relate in detail to the benefit that the charity provides to the public.
2. Objectives and Activities
2.1 Objects
1) to promote sustainable development for the benefit of the public by:
a) the preservation, conservation and the protection of the environment and the prudent use of natural resources, particularly in Brighton and Hove and the surrounding area,
b) the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities, particularly in Brighton and Hove and the surrounding area, and
c)the promotion of sustainable means of achieving economic growth and regeneration, particularly in Brighton and Hove and the surrounding area.
2) to advance the education of the public in subjects related to sustainable development and the protection, enhancement and rehabilitation of the environment and to promote study and research in such subjects provided that the useful results of such study are disseminated to the public at large.
3) to advance the education of the public in subjects related to peace movements, the causes and effects of war and the peaceful settlement of conflicts.
Note: "Sustainable development" means "development that meets the needs of the present without compromising the
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (Continued) FOR THE YEAR ENDED 31ST MARCH 2024
2.2 Main activities
Brighton Peace and Environment Centre aims are to support Sussex residents to understand the links between their own lives and actions and those of others, and contribute to a just, peaceful and sustainable world. Our programme activities fall into two main areas:
1) Working with community groups to raise awareness about climate change and provide practical support to reduce carbon emissions, make sustainable choices and to engage in dialogue about global concerns;
2) Providing information for local residents about peace and environment issues, to enable them to have a positive impact at local and global levels;
3. Achievements and Performance in 2023/24
Brighton Peace and Environment Centre delivers a number of projects to realise its objects fostering peace and engaging the local community around climate change and other environmental concerns. These projects are supported mostly through the efforts of trained volunteers and grant funding from trusts.
3.1 Reforest in Brighton
The aim of Reforest Brighton is to support climate action in the city. The focus is to support initiatives so that the natural landscape can more readily absorb or sequester CO[2] from the atmosphere. Over the year we delivered training to local groups to identify, assess and agree restoration and planting projects including how to raise funds to resource and sustain initiatives. Reforest Brighton celebrates the importance of community-led climate action and encourages people to get directly involved with practical projects in their communities.
3.2 Sustainable Fashion Week
Sustainable Fashion Week (SFW) 2023 marked a significant milestone as Brighton hosted its first hub for this international mo vement promoting sustainable fashion practices. The week-long event featured a diverse programme, including workshops, panel talks, a vibrant popup market, and a revolutionary runway show at the Brighton Dome, drawing over 2,500 attendees. Highlights included over 700 garments swapped in the clothes swap, the Rewear , Relearn , and Remake runway segments showcasing vintage, student, and sustainable designs, and hands-on workshops that taught valuable skills like mending and upcycling. Collaborations with organisations like Brighton MET Coll ege and Sew Fabulous enhanced community involvement and education, embedding sustainability into local initiatives. Media coverage fr om outlets such as The Independent and ITV Meridian helped amplify the event's message, while the participation of local designers, makers, and charities further strengthened Brighton’s role as a hub for sustainable fashion. SFW 2023 successfully inspired the community to embrace more ethical and conscious consumption practices.
3.3 Energywise
Energywise addresses fuel poverty in Brighton and Hove. We empower vulnerable residents to manage their energy use and reduce bills. During the year we worked with food banks to provide energy efficient appliances to those at the highest risk of fuel poverty. In the midst of a cost of living crisis the work of Energywise is more important than ever.
3.4 Out of Gas
Out of Gas involves developing a city-wide community lead plan to guide the transition from natural gas to renewable electricity for heating homes and workplaces. The focus is on helping Brighton & Hove achieve its net zero goals by providing up-to- date information and practical advice around alternatives to gas boilers such as heat pumps and finance. Gas is a major contributor to global emissions with the added problem of methane leaks. In the years ahead gas boilers will be banned and everyone needs independent advice to make the right choices.
During the year we engaged with local experts, utilities and the Council to identify the likely pathways to a greener future. The Out of Gas plan will involve web based and other digital communications about how the city can transition away from gas in the years ahead.
3.5 Breathe in Brighton
Brighton Peace & Environment Centre is leading a campaign to improve air quality in Brighton & Hove. We are working with partners including the Council, Sustrans and Brighton University to achieve measurable reductions in air pollution. Evidence has shown that air pollution at even low levels exacerbates the symptoms of underlying illnesses such as respiratory disease and asthma, making poor air quality specifically dangerous to sensitive populations. So far we have organised public meetings to raise awareness and continued to engage with the Council on specific issues such as changes to the Low Emission Zone in the centre of the city.
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (Continued) FOR THE YEAR ENDED 31ST MARCH 2024
3.6 Refill Brighton
Refill works with cafes, pubs and other publicly accessible venues to promote reusable water bottle refills. Brighton Peace & Environment Centre commenced the delivery of Refill Brighton & Hove in collaboration with City to Sea. Each outlet receives a window sticker and poster to show their involvement and is placed on the national City to Sea Refill app by Brighton Peace & Environment Centre volunteers. People can download then access the national Refill app and find their closest Refill station where they can obtain free tap water without making a purchase.
3.7 Volunteering Programme
Over the year we recruited volunteers to support our fundraising efforts especially around Glastonbury Festival and our projects. Brighton Peace & Environment Centre benefits from the efforts of over 75 dedicated volunteers. They play key roles in activities including managing social media campaigns to boost our projects. Their efforts provided thousands of hours of valuable volunteer time to further our mission.
Volunteers managed three property lockups at Glastonbury Festival generating nearly £2K in donations.
They also helped to organise coach services to and from the event from both Brighton and London. They established and managed a kitchen providing vegetarian meals to 120 people three times a day. These fundraising efforts resulted in £14K that supported our work in 2023-2024. These volunteering experiences are valuable on a personal level and help people achieve jobs in the environmental and voluntary sectors.
4. Financial Review
The accounts declared in this report have been prepared in accordance with Statement of Recommended Practice: Accounting for Charities (SORP,2005) and with relevant companies and charities legislation and regulations. The Statement of Financial Activities on page 11 shows BPEC’s income from all sources and how this was expended, and the split of activity between restricted and unrestricted funds.
4.1 Overview
The year ended 31[st] March 2024 ended with a surplus of £8,866. Reserves stood at £21,342 of un-restricted funds.
Total incoming resources for 2023/24 amounted to £62,427 compared to £30,890 in the previous year. Total expenditure for 2023/24 was £53,561 compared to £41,013 in 2022/23.
In line with SORP 2005, expenditure is analysed into three main categories; charitable activities, governance of the charity and costs of generating funds. Charitable activities comprise the main work of the charity. Expenditure on charitable activities was £50,800 compared to £37,919 in 2022/23.
4.2 Reserves Policy
Brighton Peace and Environment Centre is committed to using its resources in pursuit of its charitable objectives. It is also committed however to maintaining a level of reserves that is prudent to meeting ongoing liabilities, sufficient to ensure that all delivery commitments can be met and to protect the long-term future of BPEC’s operations. BPEC’s policy seeks to balance these priorities by holding a level of reserves, which equate to three months expenditure of the charity. At 31st March 2024 there were reserves of £21,342.
The Board of Trustees continues to monitor the level of reserves quarterly and takes appropriate action if reserves fall outside the desired range.
5. Plans for the future
Brighton Peace & Environment Centre continues to operate in a challenging funding environment. Brighton Peace and Environment Centre is a founding member and is based in the Brighton Eco Centre located opposite Brighton Station. During the year we have provided deskspace to Sussex Prisoners’ Families and have recently opened a free hotdesk for small and emerging environmental organisations.
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (Continued) FOR THE YEAR ENDED 31ST MARCH 2024
Statement of Trustees Responsibilities
The Trustees (who are also the directors 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, which 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 charitable company for that period. In preparing these financial statements, the Trustees are required to:
a) select suitable accounting policies and then apply them consistently and observe the methods and principles of the Charities SORP;
b) make judgements and estimates that are reasonable and prudent;
c) state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
d) prepare the financial statements on the going concern basis unless it is not appropriate to presume that the charitable company will continue in business.
The Trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charitable company and enables them to 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 irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the Trustees on 11th December 2024 and signed on their behalf by :
.................................................. Michael Butler Trustee/Director
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024
| Notes INCOMING RESOURCES Incoming Resources From Generated Funds Donations & Legacies 3a Charitable Activities 3b Investment Income 3c Other Incoming Resources 3d RESOURCES EXPENDED Cost of Generating Funds Costs of Charitable Activities 4a Cost of Generating Funds 4b Governance Costs 4c TOTAL RESOURCES USED NET INCOMMING / (OUTGOING) RESOURCES Total Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Funds Restricted Funds TOTAL 2023/24 TOTAL 2022/23 £ £ £ £ 10,495 - 10,495 2,845 51,891 - 51,891 28,020 41 - 41 25 - - - - |
|---|---|
| 62,427 - 62,427 30,890 |
|
| 50,800 - 50,800 37,919 1,044 - 1,044 1,959 1,717 - 1,717 1,135 |
|
| 53,561 - 53,561 41,013 |
|
| 8,866 - 8,866 (10,123) 12,476 - 12,476 22,599 |
|
| 21,342 - 21,342 12,476 |
Movements on all reserves and all recognised gains and losses are shown above. All of the charity's operations are classed as ongoing.
The notes on pages 10 to 15 form part of these financial statements.
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31ST MARCH 2024
| Fixed Assets Tangible Assets Notes 2 Current Assets Debtors & Prepayments 7 Cash at Bank and in Hand 6 Total Current Assets Creditors: due within one year 8 NET CURRENT ASSETS TOTAL ASSETS less current liabilities NET ASSETS Funds of the Charity General Funds Restricted Funds 5 |
Unrestricted Funds Restricted FundsTOTAL 31- Mar-24 TOTAL 31-Mar-23 £ £ £ £ 525 - 525 540 10,313 - 10,313 6,315 25,398 - 25,398 22,740 |
|---|---|
| 35,711 - 35,711 29,055 |
|
| 14,894 - 14,894 17,119 20,817 - 20,817 11,936 |
|
| 21,342 - 21,342 12,476 |
|
| 21,342 - 21,342 12,476 |
|
| 21,342 - 21,342 12,476 - - - - |
|
| 21,342 - 21,342 12,476 |
Directors Responsibilities
The directors are satisfied that for the year ended 31st March 2024 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 16.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companie s subject to the small companies regime and in accordance with the Financial Reporting Standards.
The director acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at t he end of the financial year and of its profit and loss for the financial year in accordance with the requirements of section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as is applicable to the company.
Approved by the Directors on the 11th December 2024
..................................................................... Signed on their behalf by Michael Butler
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
• the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. Gifts in Kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024
1. ACCOUNTING POLICIES (Continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Taxation
The charity is exempt from tax on its charitable activities.
Legal Status of the Charity
The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
Fixed Assets
Tangible fixed assets for use by the charity, these are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
There has been no change to the accounting policies (Valuation rules and methods of accounting) since last
Depreciation Expense
| Depreciation Expense | Depreciation Expense | Depreciation Expense | Depreciation Expense | |
|---|---|---|---|---|
| Depreciation has been calculated on a reducing balance basis. The rates applied per annum | are as follows: | |||
| Equipment | 25% | |||
| Computer Equipment | 25% | |||
| 2. TANGIBLE FIXED ASSETS | ||||
| Unrestricted | Restricted | Total | ||
| Equipment | Equipment | 2023/24 | ||
| £ | £ | £ | ||
| Cost | 01-Apr-23 | 4,443 | - | 4,443 |
| Additions | 120 | - | 120 | |
| Cost at | 31-Mar-24 | 4,563 | - | 4,563 |
| Depreciation | 01-Apr-23 | 3,903 | - | 3,903 |
| Charge | 135 | - | 135 | |
| Depreciation at | 31-Mar-24 | 4,038 | - | 4,038 |
| Net Book Value | 31-Mar-24 | 525 | - | 525 |
| Net Book Value | 31-Mar-23 | 540 | - | 540 |
The annual commitments under non-cancelling operating leases, capital commitments, contingent liabilities are nil.
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
3. INCOMING RESOURCES
| a) Donations & Legacies Gifts, Tithes & Offerings Gift Aid Tax Recoverable Grants b) Activities for Generating Funds Fundraising Events Membership Subscriptions Room Hire Training Events c) Investment Income Interest d) Other Incomming Resources Sundry Income |
Unrestricted Funds Restricted Funds £ £ 10,495 - - - - - |
TOTAL 31-Mar-24 TOTAL 31-Mar-23 £ £ 10,495 2,845 - - - - |
TOTAL 31-Mar-24 TOTAL 31-Mar-23 £ £ 10,495 2,845 - - - - |
|---|---|---|---|
| 10,495 - |
10,495 2,845 |
||
| 49,099 - 622 - 2,170 - - - |
49,099 23,039 622 511 2,170 4,470 - - |
||
| 51,891 - |
51,891 28,020 |
||
| 41 | 41 25 |
||
| 41 - |
41 25 |
||
| - - |
- - |
||
| - - |
- - |
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2024
4. RESOURCES EXPENDED
| a) Costs of Charitable Activities Activities & Projects Cleaning Costs Insurance Costs Office Costs Printing, Postage and Stationery Rent & Rates Salaries & Wages Sundry Expenses Telephone Costs Volunteers Expenses b) Cost of Generating Funds Fundraising Event Costs c) Governance Costs Bank Charges Depreciation Legal & Professional Fees |
Unrestricted Funds Restricted Funds £ £ 32,073 - - - 718 - 1,065 - 82 - 7,251 - 9,172 - - - 157 - 282 - |
TOTAL 31-Mar-24 TOTAL 31-Mar-23 £ £ 32,073 16,313 - - 718 670 1,065 51 82 174 7,251 8,137 9,172 12,000 - 80 157 186 282 308 |
|---|---|---|
| 50,800 - |
50,800 37,919 |
|
| 1,044 - |
1,044 1,959 |
|
| 1,044 - |
1,044 1,959 |
|
| 497 - 135 - 1,085 - |
497 120 135 180 1,085 835 |
|
| 1,717 - |
1,717 1,135 |
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2024
5. RESTRICTED FUNDS
| National Lottery Brighton & Hove Council National Lottery Brighton & Hove Council CURRENT FINANCIAL YEAR PREVIOUS FINANCIAL YEAR |
- - - - - - - - - - Balance Balance 01-Apr-23 Income Expenditure Transfers 31-Mar-24 £ £ £ £ £ |
- - - - - - - - - - Balance Balance 01-Apr-23 Income Expenditure Transfers 31-Mar-24 £ £ £ £ £ |
- - - - - - - - - - Balance Balance 01-Apr-23 Income Expenditure Transfers 31-Mar-24 £ £ £ £ £ |
|---|---|---|---|
| - - |
- - |
- | |
| - - - - - 6,000 - - 6,000 - Balance Balance 01-Apr-22 Income Expenditure Transfers 31-Mar-23 £ £ £ £ £ |
|||
| 6,000 - |
- 6,000 |
- |
The restricted funds of the charity are wholly represented by cash reserves and are to be expended as specified above.
6. CASH AT BANK AND IN HAND
| ANK AND IN HAND | ||
|---|---|---|
| Prepayments Sundry Debtors Cash at Bank and in hand & PREPAYMENTS |
Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ 25,398 - 25,398 22,740 |
|
| 25,398 - 25,398 |
22,740 | |
| 8,400 - 8,400 5,350 1,913 - 1,913 965 Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ |
||
| 10,313 - 10,313 |
6,315 |
7. DEBTORS & PREPAYMENTS
8. CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR
| Deferred Income PAYE & NI Sundry Creditors |
6,997 - 6,997 11,890 9 - 9 14 7,888 - 7,888 5,215 Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ |
6,997 - 6,997 11,890 9 - 9 14 7,888 - 7,888 5,215 Unrestricted Restricted Total Total Fund Fund 31-Mar-24 31-Mar-23 £ £ £ £ |
|---|---|---|
| 14,894 - 14,894 |
17,119 |
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BRIGHTON PEACE AND ENVIRONMENT CENTRE (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2024
9. STAFF COSTS AND NUMBERS
| 2023/24 £ Gross Wages & Salaries Employers National Insurance Costs Pension Contributions 9,172 - - 9,172 Employees who were engaged in each of the following activities: Activities in furtherance of organisation's objects 1 2023/24 TOTAL |
2022/23 £ 12,000 - - |
|---|---|
| 12,000 | |
| 1 2022/23 TOTAL |
The charity operates a PAYE scheme to pay all employed members of staff and no staff and no employees received emoluments in excess of £60,000 pa (2019/20: None)
10. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES
The company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1125002. The Charity does not have a share capital and has no income subject to Corporation Tax.
| Surplus / Deficit for the period Balance Brought Forward Closing Funds at 31st March 2021 |
2023/24 £ 8,866 12,476 21,342 |
2022/23 £ - 10,123 22,599 12,476 |
|---|---|---|
11. PAYMENTS TO DIRECTORS & RELATED PARTIES
No payments were made to Directors or any persons connected with them during this financial period. No material transaction took place between the charity and the Directors or any person connected with them.
12. RISK ASSESSMENT
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
13. RESERVES POLICY
Brighton Peace and Environment Centre is committed to using its resources in pursuit of its charitable objectives. It is also committed however to maintaining a level of reserves that is prudent to meeting ongoing liabilities, sufficient to ensure that all delivery commitments can be met and to protect the long-term future of Brighton Peace and Environment Centre 's operations. Brighton Peace and Environment Centre 's policy seeks to balance these priorities by holding a level of reserves which equate to three months expenditure of the charity. As at 31st March 2020 there was more than three months of reserves at current spending levels.
14. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS
BRIGHTON PEACE AND ENVIRONMENT CENTRE
(A COMPANY LIMITED BY GUARANTEE) FOR THE YEAR ENDED 31ST MARCH 2024
Report to the trustees/ members of Brighton Peace and Environment Centre on the accounts for the year ended 31st March 2024 set out on pages 9 to 15.
Respective responsibilities of trustees and examiner
The Charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
Basis of independent examiner's statement
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
Independent examiner's statement
In the course of my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in, any material respect, the trustees requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
• to prepare accounts which accord with the accounting records, comply with the accounting requirements ot section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities.
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Robin E Headlam ACPA Partners In Enterprise Ltd First Floor Offices 5 Bartholomews Brighton East Sussex BN1 1HG
Dated:11th December 2024
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