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2022-06-30-accounts

REGISTERED COMPANY NUMBER: 07295737 (England and Wales) REGISTERED CHARITY NUMBER: 1139247

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 June 2022

for

Police Firearms Officers Association Ltd

George Hay Partnership LLP, Chartered Accountants St George's House, George Street Huntingdon, Cambridgeshire PE29 3GH

Police Firearms Officers Association Ltd

Contents of the Financial Statements for the Year Ended 30 June 2022

Page
Report from Chief Executive 1
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10 to 11
Cash Flow Statement 12
Notes to the Cash Flow Statement 13
Notes to the Financial Statements 14 to 21
Detailed Statement of Financial Activities 22 to 23

Police Firearms Officers Association Ltd

Report from Chief Executive for the Year Ended 30 June 2022

It has been another very busy year for the PFOA. My thanks as always go to our incredible, hardworking and loyal team. Cheryl, Hannah, Rachel, Claire, Gary, Helen and of course Mick our Ops Manager. They have worked tirelessly to provide a first-class service to our members and their families.

We are still all playing catch up after the Covid pandemic. Whilst we were able to provide the support required for members the Museum has suffered in the fall out. It was a decision not taken lightly to suspend the Museum until we were well out of Covid and we were ready to receive visitors. The good news is that 2023 will see an expansion of the Museum and our doors opening once again.

My thanks go to our Trustees. We welcomed three new Trustees in the past year. Angelo from GMP, Claire from MDP and Carol-Anne from Police Scotland. Our Chair of Trustees, Steve Hartshorn became the new Chair of the Police Federation of England & Wales, which is an amazing achievement.

Our members continue to deliver an outstanding service to the public they protect. Some in the past 12 months have taken the most difficult decision there is in engaging a subject. To them, and all of those amazing men and women, we give our heartfelt thanks. We are honoured to support you and to look after your families.

Mark Williams CEO

Report of the Trustees for the Year Ended 30 June 2022

The PFOA is now in its 13th year! Over that time, we have assisted literally thousands of officers and their families. We have spent over £3m in direct support. We have created unique support strands to keep officers at work and return them sooner than expected. We have a hard-working and dedicated team who continue to deliver a first-class service year in, year out.

In these unprecedented times we have proved as a team that we are fit for purpose and for the challenges ahead. We are delighted to report that all is well and that we continue to evolve and explore different ways to support our amazing members and their families.

Page 1

Police Firearms Officers Association Ltd (Registered number: 07295737)

Report of the Trustees for the Year Ended 30 June 2022

ACHIEVEMENT AND PERFORMANCE

Key activities and achievements

Supporting our members and delivering prompt, first class support is what the PFOA is all about. We have amazing, caring people working with us, some on a voluntary basis. We will always look at ways to improve our service and to help even more members.

1992 Counselling sessions delivered 152 NLP & 122 Counselling sessions assessments delivered Over 500 Physiotherapy sessions 178 hampers sent d li d to members and their families

----- Start of picture text -----
19 members
1683 calls to
received respite
members and their
breaks
families requiring
support
£496K in
support of our
members and
their families An increase of
246% in
support
compared to
2017/18
----- End of picture text -----

Page 2

Police Firearms Officers Association Ltd (Registered number: 07295737)

Report of the Trustees for the Year Ended 30 June 2022

ACHIEVEMENT AND PERFORMANCE

Communication and Awareness

The PFOA social media profile consists of LinkedIn, Instagram and a closed private PFOA FB group (532 members)

The PFOA Twitter account has recently been removed due to a troll tagging us in their views.

The Museum of Armed Policing remains active on Twitter, although Tweets have been limited due to proposals to extend HQ and the Museum.

Our Blogs are shared across Police Open FB Groups, LinkedIn and Instagram. LinkedIn is proving a successful platform for the PFOA over the past 12 Months.

We have had a successful Social Media Campaign - supporting one of our members, who is from Ukraine, asking for first aid equipment to be donated.

Most Visited pages

  1. Why do we have Armed Police?

  2. Support for you and your family

  3. Who are we?

  4. Met Police Female Police History

  5. PC Bill Bishop Murder (Essex Police)

----- Start of picture text -----
Over 300,000 visits to
the PFOA website
----- End of picture text -----

News Blogs

Devices used to view website

PFOA private forum on Facebook

We have 532 members on the group and a national membership of 10,500.

Fully accepting the issues around social media for Police Officers; it would be great if we could get a few more members onto the group.

Recruitment page

The PFOA has a recruitment page on the main website. Transferee AFO adverts are placed on there (National & International) The Trustees consider this to be a great benefit for membership.

Our engagement figures illustrate the importance of our website and the need for us to continue to post blogs. More work will be done over the next 12 months in expanding the website and ensuring it is always up to date with what is happening within UK Armed Policing.

Page 3

Police Firearms Officers Association Ltd (Registered number: 07295737)

Report of the Trustees for the Year Ended 30 June 2022

ACHIEVEMENT AND PERFORMANCE

PFOA Shop

Sales of merchandise have remained consistent throughout the year and have increased slightly in the second half. This is mainly due to increased marketing via social media.

The PFOA shop has recently collaborated with Frontline Tactical Apparel to supply PFOA T-Shirts. The Shop website has a direct link to PFOA T-shirts on the partner website. The Partnership allows us to not hold large amounts of stock or process orders, which benefits us. A set contribution is given to the PFOA on the sale of each shirt.

FINANCIAL REVIEW

Financial Overview

Page 4

Police Firearms Officers Association Ltd (Registered number: 07295737)

Report of the Trustees for the Year Ended 30 June 2022

FINANCIAL REVIEW

Reserves policy

Having reserves is essential to ensure we have adequate resources to deal with the unpredictable nature of our work. Total reserves currently sit at £318,537 [2021: £405,462] with the following funds ring-fenced:

The terrorist attack budget is not something we want to use for obvious reasons, but nevertheless it is important to ensure immediate funds are there if/when required. The Museum project involves the making of a film based on the London Bridge terrorist attack in 2017 involving PFOA members. This is hugely important to raise awareness of the amazing work carried out by firearms officers daily, but to also document and produce a legacy for all those involved on that fateful night. Staff training in the next 12 months involves two CPD events and mental health first aid training for new members of the PFOA Team.

Free Reserves

Funds free of restriction or designation and therefore available for core activities as at 30th June 2022 were £193,172 [2021: £272,488]

Going concern

If the charity's income was to cease with immediate effect, the charity could continue its good work for approximately 6 months, which is exactly in line with the Charity Commission guidance.

Page 5

Police Firearms Officers Association Ltd (Registered number: 07295737)

Report of the Trustees for the Year Ended 30 June 2022

FUTURE PLANS

We have recently discussed whether we should purchase Chatteris Police Station. The Cambridgeshire PCC has agreed to sell the property to us. We have also been granted planning permission to extend above the museum. Unfortunately, this has all come at a time when interest rates are going up and building costs have more than doubled. We are considering the options and will decide in due course. It would be good to freshen up the museum and introduce some new technology, one being a state-of-the-art virtual reality firearms range. But for the time being the plan for the next 12 months is to support our members and their families, particularly with the added pressure from the huge increases in the cost of living imposed on us all. This in turn causes stress and anxiety. In an already hugely stressful role, outside pressures can tip some over the edge. We will be introducing a new phone support line in January 2023 which will provide on-demand counselling. This phone line will also incorporate a 24/7 GP line, debt advice and family legal advice.

We will be raising the monthly donation from £4 to £5 in January 2023. It has remained at £4 since 2009. Of course, in that time costs of just about everything have gone up, counselling, respite breaks, NLP Coaching, rent, fuel costs, wages, the list goes on. This increase will allow us to sustain the support we provide and improve in some cases. This increase has been communicated via our social media, magazine and force co-ordinators.

Over the next 12 months we will be organising meetings with our force co-ordinators and ensuring they are equipped to perform their role which is vital to the running of the charity. We will also be actively engaging with Taser officers, who now number in their thousands nationally.

We will be introducing new zones in the Museum of Armed Policing dedicated to the RUC/PSNI and women in armed policing. The Museum is an incredibly powerful way of interacting with people of all ages around all aspects of UK armed policing.

In summary, we look forward to another successful year, conscious that many of our members and their families will be feeling the effects of a steep increase in the cost of living, and the ever-increasing pressures that modern day policing brings.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The PFOA currently has seven Trustees [2021: six] chaired by Steve Hartshorn. The Trustees meet four times per year including the annual general meeting. During the Trustee meetings the CEO will give an overview of how the Charity is operating, including staffing and finances. Of course, our primary goal is to provide support to members and their families so there is much discussion around what we provide and what else we can do to assist.

Previously, a Trustee could serve an indefinite term. However, in January 2022 this was changed to a fixed term of five years. We do realise that Trustees for various reasons may not be able to fulfil their role and will resign. If this is the case a process of discussion between the other Trustees in conjunction with the CEO will take place to appoint a replacement. We are keen to ensure that we have female representation on the board of Trustees following the resignation of Sarah-Jane Ferris and have plans to recruit another female Trustee in the next year.

The charity's operations are led by Mark Williams, Chief Executive who reports directly to the board on a frequent basis.

Page 6

Police Firearms Officers Association Ltd (Registered number: 07295737)

Report of the Trustees for the Year Ended 30 June 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Decision making

When the board meets there are occasions when key decisions must be made. This could be around expenditure or making a policy on certain aspects of support. Because our Trustees have a thorough understanding of policing this helps to ensure a prompt decision is made. Our current Trustees experience include:

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 07295737 (England and Wales)

Registered Charity number 1139247

Registered office

St. George's House, 14 George Street Huntingdon, Cambridgeshire PE29 3GH

Trustees

Mr S Hartshorn Police Officer Mr J A Roger Police Officer Mr D Keen Police Officer Mr G Cable Retired resigned 01.11.21 Mrs S Ferris Police Officer resigned 17.01.22 Mr M Wardley Lawyer Mr A Deponeo Police Officer appointed 18.01.22 Mrs C Batt Police Officer appointed 18.01.22 Mrs C Jackson Police Officer appointed 18.01.22

Independent Examiner

George Hay Partnership LLP, Chartered Accountants St George's House, George Street Huntingdon, Cambridgeshire PE29 3GH

Bankers

Nat West PLC

Legal Advisors

Straw & Pearce -- Loughborough

Key Employee

Mr M Williams – CEO

Approved by order of the board of trustees on 22[nd] February 2023 and signed on its behalf by:

Mr D. Keen Trustee

Page 7

Independent Examiner's Report to the Trustees of Police Firearms Officers Association Ltd (Registered number: 07295737)

Independent examiner's report to the trustees of Police Firearms Officers Association Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity'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 the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCCA, ACA, DChA which is one of the listed bodies.

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:

  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 principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 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.

Mrs Toni Hunter FCCA, ACA, DChA George Hay Partnership LLP St George's House George Street Huntingdon Cambridgeshire PE29 3GH

Date: 28[th] February 2023

Page 8

Police Firearms Officers Association Ltd

Statement of Financial Activities for the Year Ended 30 June 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
598,123
Other trading activities
3
858
Investment income
4
79
Other income
88
Total
599,148
EXPENDITURE ON
Charitable activities
5
Provision of grants & support services
665,294
Museum & promoting education
20,779
Total
686,073
NET INCOME/(EXPENDITURE)
(86,925)
RECONCILIATION OF FUNDS
Total funds brought forward
389,678
TOTAL FUNDS CARRIED FORWARD
302,753		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
15,784
15,784		 30.6.22
Total
funds
£
598,123
858
79
88
599,148
665,294
20,779
686,073
(86,925)
405,462
318,537		 30.6.21
Total
funds
£
507,944
1,231
781
3,744
513,700
491,914
1,411
493,325
20,375
385,087
405,462

The notes form part of these financial statements

Page 9

Police Firearms Officers Association Ltd (Registered number: 07295737)

Balance Sheet 30 June 2022

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
10
29,581
CURRENT ASSETS
Debtors
11
51,417
Cash at bank
243,909
295,326
CREDITORS
Amounts falling due within one year
12
(22,154)
NET CURRENT ASSETS
273,172
TOTAL ASSETS LESS CURRENT LIABILITIES
302,753
NET ASSETS
302,753
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
15,784
15,784
-
15,784
15,784
15,784		 30.6.22
Total
funds
£
29,581
51,417
259,693
311,110
(22,154)
288,956
318,537
318,537
302,753
15,784
318,537		 30.6.21
Total
funds
£
35,706
55,312
343,933
399,245
(29,489)
369,756
405,462
405,462
389,678
15,784
405,462

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 10

continued...

Police Firearms Officers Association Ltd (Registered number: 07295737)

Balance Sheet - continued 30 June 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 22[nd] February 2023 and were signed on its behalf by:

Mr D. Keen Trustee

The notes form part of these financial statements

Page 11

Police Firearms Officers Association Ltd

Cash Flow Statement
for the Year Ended 30 June 2022
30.6.22
Notes
£
Cash flows from operating activities
Cash generated from operations
1
(83,263)
Net cash (used in)/provided by operating activities
(83,263)
Cash flows from investing activities
Purchase of tangible fixed assets
(1,056)
Interest received
79
Net cash used in investing activities
(977)
Change in cash and cash equivalents in
the reporting period
(84,240)
Cash and cash equivalents at the
beginning of the reporting period
343,933
Cash and cash equivalents at the end of
the reporting period
259,693		 30.6.21
£
60,326
60,326
(4,932)
31
(4,901)
55,425
288,508
343,933

The notes form part of these financial statements

Page 12

Police Firearms Officers Association Ltd

Notes to the Cash Flow Statement for the Year Ended 30 June 2022

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Decrease in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations		 30.6.22
£
(86,925)
7,181
(79)
3,895
(7,335)
(83,263)		 30.6.21
£
20,375
7,450
(31)
14,286
18,246
60,326

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.7.21 Cash flow At 30.6.22
£ £ £
Net cash
Cash at bank 343,933 (84,240) 259,693
343,933 (84,240) 259,693
Total 343,933 (84,240) 259,693

The notes form part of these financial statements

Page 13

Police Firearms Officers Association Ltd

Notes to the Financial Statements for the Year Ended 30 June 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 15% on reducing balance Plant and machinery - 25% on reducing balance Computer equipment - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 14

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

2. DONATIONS AND LEGACIES

Donations - members
Donations - other
Gift aid
3.
OTHER TRADING ACTIVITIES
Merchandise Sales
4.
INVESTMENT INCOME
Rents received
Bank interest
5.
CHARITABLE ACTIVITIES COSTS
Provision of grants & support services
Museum & promoting education
6.
SUPPORT COSTS
Management
£
Provision of grants & support services
85,862
Museum & promoting education
3,211
89,073		 Direct
Costs
£
495,833
-
495,833
Human
resources
£
58,419
6,492
64,911		 30.6.22
£
438,183
91,152
68,788
598,123
30.6.22
£
858
30.6.22
£
-
79
79
Support
costs (see
note 6)
£
169,461
20,779
190,240
Premises
Costs
£
25,180
11,076
36,256		 30.6.21
£
434,701
36,972
36,271
507,944
30.6.21
£
1,231
30.6.21
£
750
31
781
Totals
£
665,294
20,779
686,073
Totals
£
169,461
20,779
190,240

Page 15

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

6. SUPPORT COSTS - continued

Activity Basis of allocation Human resources Approximate time spent Premises Costs Space occupied

Support costs, included in the above, are as follows:

Other operating leases
Utilities
Sundries
Employee & Trustee Training
Committee expenses
Meetings (including AGM)
Telephone
Printing, postage and stationery
Repairs and renewals - equipment
Travelling
Marketing and web costs
Insurances
Credit card charges
Bank charges
Accountancy & payroll costs
Depreciation of tangible and heritage assets
Wages
Social security
Pensions
Rent, rates and water
Property maintenance
Depreciation of tangible fixed assets		 Provision
of grants
& support
services
£
6,964
6,734
3,502
4,107
425
12,427
7,778
10,427
-
4,852
14,418
3,501
875
741
5,220
3,891
52,891
4,209
1,319
10,709
11,181
3,290
169,461		 Museum &
promoting
education
£
-
354
158
-
-
-
-
-
1,277
111
-
1,167
-
-
144
-
5,877
468
147
2,677
8,399
-
20,779		 30.6.22
Total
activities
£
6,964
7,088
3,660
4,107
425
12,427
7,778
10,427
1,277
4,963
14,418
4,668
875
741
5,364
3,891
58,768
4,677
1,466
13,386
19,580
3,290
190,240		 30.6.21
Total
activities
£
4,315
5,175
2,195
3,686
607
34
7,217
4,677
-
3,108
23,447
4,033
978
658
5,154
3,580
57,722
3,892
1,455
13,386
7,798
3,870
156,987

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.6.22 30.6.21
£ £
Depreciation - owned assets 7,181 7,450
Other operating leases 6,964 4,315

Page 16

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.

Trustees' expenses

There were not any trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable Activities
Governance		 30.6.22
£
161,800
10,433
3,547
175,780
30.6.22
6
1
7		 30.6.21
£
147,268
7,694
3,027
157,989
30.6.21
5
1
6

No employees received emoluments in excess of £60,000.

10.

TANGIBLE FIXED ASSETS

Improvements
to
Plant and
Computer
property
machinery
equipment
£
£
£
COST
At 1 July 2021
64,585
7,830
21,797
Additions
-
-
1,056
At 30 June 2022
64,585
7,830
22,853
DEPRECIATION
At 1 July 2021
42,655
2,782
13,069
Charge for year
3,290
1,262
2,629
At 30 June 2022
45,945
4,044
15,698
NET BOOK VALUE
At 30 June 2022
18,640
3,786
7,155
At 30 June 2021
21,930
5,048
8,728		 Totals
£
94,212
1,056
95,268
58,506
7,181
65,687
29,581
35,706

Page 17

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22 30.6.21
£ £
Sundry debtors & prepayments 44,724 46,869
Prepayments and accrued income 6,693 8,443
51,417 55,312

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22 30.6.21
£ £
Social security and other taxes 2,611 3,860
Sundry creditors & accruals 6,126 4,929
Accruals and deferred income 13,417 20,700
22,154 29,489

13. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
In more than five years		 30.6.22
£
14,458
53,544
33,465
101,467		 30.6.21
£
17,696
54,616
33,465
105,777

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Museum of Armed Policing
Advancement of education
Contingency for terrorist events
Training Budget
Restricted funds
PFOA Training Ltd
TOTAL FUNDS		 At 1.7.21
£
308,194
1,484
45,000
25,000
10,000
389,678
15,784
405,462		 Net
movement
in funds
£
(73,928)
(8,890)
-
-
(4,107)
(86,925)
-
(86,925)		 Transfers
between
funds
£
(11,513)
7,406
-
-
4,107
-
-
-		 At
30.6.22
£
222,753
-
45,000
25,000
10,000
302,753
15,784
318,537

Page 18

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Museum of Armed Policing
Training Budget
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Museum of Armed Policing
Advancement of education
Contingency for terrorist events
Training Budget
Restricted funds
PFOA Training Ltd
TOTAL FUNDS		 At 1.7.20
£
319,938
2,955
15,000
25,000
6,410
369,303
15,784
385,087		 Incoming
resources
£
599,088
60
-
599,148
599,148
Net
movement
in funds
£
25,532
(1,471)
-
-
(3,686)
20,375
-
20,375		 Resources
Movement
expended
in funds
£
£
(673,016)
(73,928)
(8,950)
(8,890)
(4,107)
(4,107)
(686,073)
(86,925)
(686,073)
(86,925)
Transfers
between
At
funds
30.6.21
£
£
(37,276)
308,194
-
1,484
30,000
45,000
-
25,000
7,276
10,000
-
389,678
-
15,784
-
405,462

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Museum of Armed Policing
Training Budget
TOTAL FUNDS		 Incoming
resources
£
513,700
-
-
513,700
513,700		 Resources
Movement
expended
in funds
£
£
(488,168)
25,532
(1,471)
(1,471)
(3,686)
(3,686)
(493,325)
20,375
(493,325)
20,375

Page 19

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Museum of Armed Policing
Advancement of education
Contingency for terrorist events
Training Budget
Restricted funds
PFOA Training Ltd
TOTAL FUNDS		 At 1.7.20
£
319,938
2,955
15,000
25,000
6,410
369,303
15,784
385,087		 Net
movement
in funds
£
(48,396)
(10,361)
-
-
(7,793)
(66,550)
-
(66,550)		 Transfers
between
funds
£
(48,789)
7,406
30,000
-
11,383
-
-
-		 At
30.6.22
£
222,753
-
45,000
25,000
10,000
302,753
15,784
318,537

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources		 Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
General fund 1,112,788 (1,161,184) (48,396)
Museum of Armed Policing 60 (10,421) (10,361)
Training Budget - (7,793) (7,793)
1,112,848 (1,179,398) (66,550)
TOTAL FUNDS 1,112,848 (1,179,398) (66,550)

15. RELATED PARTY DISCLOSURES

PFOA Training Services Ltd

The key employee of the Charity, Mr M Williams, is one of three directors and shareholders of PFOA Training Services Ltd. All transactions are carried out at arms length, however during this accounting period there were none to note.

PFOA Welfare Services Ltd

Both employees of the Charity, Mr M Williams and Miss R Williams are both directors of PFOA Welfare Services Ltd, both are also shareholders. The following transactions occured with the company during the year:

During the year PFOA Welfare Services Ltd charged the charity Nil (2021: £16,000) to provide support to the charity's members.

Page 20

continued...

Police Firearms Officers Association Ltd

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

15. RELATED PARTY DISCLOSURES - continued

PFOA Museum Ltd

The key employee of the Charity, Mr M Williams, is the sole director & shareholder of PFOA Museum Ltd. The following transactions occured with the company during the year:

£144 was paid by the Charity for accountancy and Companies House filing fees on behalf of PFOA Museum Ltd to protect its dormant status.

Page 21

Police Firearms Officers Association Ltd

Detailed Statement of Financial Activities for the Year Ended 30 June 2022

30.6.22 30.6.21
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations - members 438,183 434,701
Donations - other 91,152 36,972
Gift aid 68,788 36,271
598,123 507,944
Other trading activities
Merchandise Sales 858 1,231
Investment income
Rents received - 750
Bank interest 79 31
79 781
Other income
Government Grants 88 3,744
Total incoming resources 599,148 513,700
EXPENDITURE
Charitable activities
Wages 103,032 89,546
Social security 5,756 3,802
Pensions 2,081 1,572
Provision of grants and charitable assistance 369,209 233,269
Costs of maintaining and expanding
membership levels 3,750 8,149
Costs associated with members' fundraising and
events 12,005 -
495,833 336,338

This page does not form part of the statutory financial statements

Page 22

Police Firearms Officers Association Ltd

Detailed Statement of Financial Activities

for the Year Ended 30 June 2022
30.6.22 30.6.21
£ £
Support costs
Management
Operating leases 6,964 4,315
Utilities 7,088 5,175
Sundries 3,660 2,195
Employee & Trustee Training 4,107 3,686
Committee expenses 425 607
Meetings (including AGM) 12,427 34
Telephone 7,778 7,217
Printing, postage and stationery 10,427 4,677
Repairs and renewals - equipment 1,277 -
Travelling 4,963 3,108
Marketing and web costs 14,418 23,447
Insurances 4,668 4,033
Credit card charges 875 978
Bank charges 741 658
Accountancy & payroll costs 5,364 5,154
Plant and machinery 1,262 670
Computer equipment 2,629 2,910
89,073 68,864
Human resources
Wages 58,768 57,722
Social security 4,677 3,892
Pensions 1,466 1,455
64,911 63,069
Premises Costs
Rent, rates and water 13,386 13,386
Property maintenance 19,580 7,798
Improvements to property 3,290 3,870
36,256 25,054
Total resources expended 686,073 493,325
Net (expenditure)/income (86,925) 20,375

This page does not form part of the statutory financial statements

Page 23