Company Reyistrgt*Jn No oei174e4)2 IEnglarwJ arKI W*sl Charity Registrath"on No. 114CQ32 IEigiaThY and Wales) PEDESTRIAN UMITED {UMITED BY GUARANTEEI REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 3I•YJuLY 2023 PEDESTRIAN LIMITED (UMITED BY GUARANTEEI REPORT AND UNAUL¥TED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023 P•gg CONTENTS Legal 8nd 8drYMnistrth Tw9tee$' and Dwgc*or¥ rwrt 1nder￿j0nt EKamin8ts' Rwl Stat•ment of fln8nd4 acaMts8 10-15 Nots8 to the finanuol Itst•n￿￿ts PEDESTRIAN LIMITED (LIMITED BY GUARANTEEI LEGAL AND ACVAINISTRATIVE INFORMAMON FOR THE YEAR ENDED 318TJuLY 2023 Incorpor•tsd Company Numb•r Janugry XQ7 c￿)74602 Chartty R•gl•tratlon Charlty NumlJ•r 2V January 2011 114CI)32 CompAny Olr•ctorn and Charlty Tru#t• H Certer Z ChaufAn J R Da*Tc N S Ha&8an D MIlL*ir*on S (Jdm H Sarnpaon O Sguihwel Z KO Stsnn•rd J E W4ters Re￿9n0￿ Aoril 2023 A￿on*￿ 24" August 2022 Vice-Ch* AFpDint•d 2rf February 2023 AFp)inted 24th August 2022 TTrawJrer Chair A IAtsbb Ro&gn&J 24th August 2022 Appth'nt*J 2M Fobruary 2023 Chl•f Offle•r l Ex•¢utlv• Dlr•ctor H B8dgw4Aotry P Ilntenml 15m Decemtjer 2022 to 31# August 20231 R•4l•t•r•d omc• and Oporatlon•l Addr•M 29a Hornef•'r Str8•t LE158P Aceountints Topgz Scqulions Umrted Charter&J ALxwntsnts 5 Giffard Co¢*1 MJltffjc* Clx N(thamp￿1 NN55JF Bank•rn HSBC NNI 2AN Page 1 PEDESTRIAN UMITED IUMITED B Y GUARANTEE) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31ST JULY 2023 The tnjstftes ansj directors ol tht ¢haTtsbk company pr¥swt Ihatr rerthl gnd tho unaudited financial statamants for the year ended 31* July 2023. The infr)m￿t￿)n sel OLrt on page 1 &Jrm$ part ofthis ￿p0 Vl•lon Our vi&on is to chld and youro person rwni8e th•r F+)￿"n9 1hr￿gh partiapatirg in orts and creatsve activrty Mi8•lon Use arts and creaty.vty as a vehck to engage. and 8ftr￿h thldren and youTrJ liv•s lup to the age 01251. who èxperien¢e ¢ho118ng85 and d￿a￿l•Jes. Obhct1v￿ and Aetl¥lU The objective8 for th& charity wag 8ststAishgd, as doffingj in Ihg M￿Or8D(1jffl 8nd hJtc19s of As50oation, and amendgd AU￿$t 2015 ar• to kwmot• chaiitabl& purk*)888 onty, more skxofically.. al To athanc4 in I￿ 08 w(19 o rnr￿ of as to •xpr•ts thtmuw artJsttc4lly by thg provl$ion of complimentary seNicw and XDvi*es to $ur* lnd6vtrdu￿9. vthK* develop th￿.1 s￿115, ¢ap8(xty, and capabilities to ¢n8Ll$ th8rn to Pa￿"¢￿}&te in bl To further such charitable causes both locally and nabonglty aj frun bme to tim• d•t•mined by the meAnb*r8 In the SUFWrt ol Ihe Comwy's pnmary otpth'W. Publ1¢ B•n•fft Tho Trustse5 confirrn that Ihty hav8 Teferrod to Ihe guldanc¢ ¢onlaine4J Sn Ihe Charity CommissKin's general guldanc8 n public tr￿nefft reviewna the org8nwbon'$ aim5 and obpdv8s and In Jarnina ftjlure acbvitlgs Fljble Benefit 18 dgmonstraled more spwfi¢¥lly in lh8 lonowro Ac*thwnents P•rfofmonc* s8th.on ￿tth￿h highlvJhts speclflc wom( und¢rtokan aeross Padestrian's prow•on Stru¢turo, Oov•rMn¢• •nd Manag•mgnl Gowoming Document The organisatiw 18 a chorrt8ble company limited ty guarantee. The thanty is constituted. and govorngd, by its Memorgndum 8nd Artides ol A$s￿laIN)n dated W J8nuary 2r))7. amen(J•J 20th January 2011, 1. Novtrmb•r 2013, and 1¥ August 2015 The Ixmp8ny tecam• 8 registered ¢harity on 25th January 2011 In th• •v•ntofthe comwgny being wound up, m•mborn are req￿TrJ to etinlritKrte on •mounl Tr)1 £1 Trn$t88￿01leCt0rs and In￿¢ti The trustees and dirKtors ￿ have s8N&J Ihmugh)ul the y¥8r. unless a dat• ol aFwntment or re&gnation18 noted. are IL4led on page 101 this repjrt. The organis8b"(M) all n8w trusts85 Wth an Infomab'on p8¢k containing details ol the role ol a ¢*arity trust86 and Ih•ir legal rights and rwp)nsit¥lth IrdudrvJ guidance from the Chanty Commisson. Followng 3uccessfvl applicthon. Twstees wll ottend an iTrau¢thon b)ard ma￿"ng to f￿Illartse th&m$dves with their peers and Ihe organrsatse￿, antj to ￿lIrtate thar daa"sThi maknng in rgsfft of ncyninating themSe￿S for a 3.y8arterm, at the follobling toard rneeting or AGM. TnL*t¢e8 wll b)en be ele(thJ ty unanimrAJ8 Vot8 of thé 0th8r Trusto8s. (kganS%atk4n*l Structurn Pades￿an Is a bading arts organisation and chanty 5P8(xalising in musc and alts edwAtion bawj in tho heart of L&wier's busling cty centre. Sinc• 1998. have bult a strong tra￿ rwx)rd of dgliv8ring hi9h quality creab.ve actNity that ha$ seen usccffipkte tsver 15,0￿ wfjrkshops. We wovth eljuca￿n. training. and outreach proj8ts foryoung people at risk. vuhèra)1è 8dutts and commun￿"e$ in Leice5tar. Lethster5hire and across the MKllands Our Part￿1pants are often swially exduded, not In 8ducation, empbymwL ortraning INEET) w eyrienang di5athantsge. Page 2 PEDESTRIAN LIMITED (LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST JULY 2023 {eonllnwdl oryan18￿1Onal StN¢tsrn l¢ontlnu•d) Our prt¥ramm& cx)n*sts ofthrge maln ar•as." Allemah"ve Edu¢8ts'on An accredrted 8tiamgtive to 8th>￿ tr your4J Feoplè agad 14_18 yeats suFp)rts those stru9ying or havo ggled In m¥4n3tream education to ach*ve thwr Uts"lising M￿lo[lng w￿pIeS to devdop the person, alongsmlè a tramework of recogni￿1 ￿c¥edrtatson apwowratts to fv thl. ne•Js and intgr8St ofthe leamw. Eafryy InleThsntson and Oulmach A series of projs¢1s wrth communthès. Scho￿9 and pgthr organBalKJns to 8xFerW￿rrfJ challenges aThl disadvanlages caused ty t•rn•rs s￿h as i*lats"on cauwj by 9￿graphical or w)nomt81 factors, b￿ng in tho care system or Ihose al risk Of(￿Minallsaty0n or other hamifuunsky praths Progr9SSth 8ncl Tr8iri Supports'ng thildr8n, yourrfJ r*)￿e. and adutts to proJres$ Into Iha n•xt pha89 ofth•r d8v•lopmènl, induding proL¥amm•$ %￿l¢h seok to train emergirvJ practiti'¢ner8 and proftssgMMals thin9 in the creatNe ￿tor through gJJcats"on, trainlng, and qualific•*"c¥)$. A Pl•M•g• from th• Ch•lr As ￿ •pproach th• end ofanothef Impxlfvl year, ond my yw88 Chalr for P&J88tr1an, l am filbd grnbbJd8 and prlde for Ihe work P•d851rian ha$ 8nd th• stridas rt hos made In ￿ last year. It's Ixen an honour to b¢ a part of P&Ièstn￿.$J0Umey, *orking alGYfjsNYethe boawd oftrustees. 6taff, tuknrs, voluntggrs, and our nowyouth A¢*i80ry trKJard to h*lp ¥th•nce arts 8duca￿n to Ihoso most vulnwat4e In our o)mmunty. Freffl engagiThJ workshops to iThspinng rforrnances. we￿e saen first*and lh8 Impxt of these Inthves On the lives ol c￿r parb'rypant8 and th•r famili6¥ or ¥UFWrt systems. Sorn• wrwnal highli￿S 8eoing. 436 thshop¥ ddivered Induth'n9 the laurKh oloJT &ime OF￿9 proJ8cI. HallTwm An￿c5 la new threa.y•9r school holidHy prwammel and second successful y&ar of Feel (>)od Fndays Ifree 8ctNIty dunng th8 Sumrr¢r holidays every Fnd8yI 49 young pewe ac(•ssing (wr AtsmalNO Eojcabon Provwon. 18 to double nex1 year duo ta tho highqu81ty servu r•sp•thd ty thal and *eNc 156 Arts Awards achw&l Partnerships ond now c¢xnrrissKrn wilh S￿(￿$, M￿(11Y3, L8ieesler Cty In tho Communty and Leicestershire Mu*c. As a sm811 ¢h•rity. roty on pu￿1¢ fvnth'ng. Ilongbon$. W¢J ftJndr#iying rnrtrthvès Nonè olthts b8 p)ssiblè without the gurport ol our fijndern. sponsors, path•rs. voluntters. educators. and advocates I wDuld Iikg to tska this opportunity to thank all ofyou lorbdiwirvJ ￿ *ork th•1 w• th). all ths su[V￿ 1gd1r￿Y tr•rffjferTed to e4tKontratè on and impact our serweA UW8 It'B trAen ￿t)nder￿1 to have QkWlunTty to rell￿t on this ￿aT and how far hav• o)me. OJT ￿￿[¥￿er￿1 Dlrector, Homa, onnounced her pregnancy and PA￿ Snape to the team 890ur Int&nm Director. This kyomded us wth a fresh ￿r$￿*th"v& and the 10 buil¢J on our Busness Plan and strateg￿ ￿m5 l knvuld like to thank Hema and Paul forth8 increditAe effort they have wt into Ihis prct8s$. Hwna retum&J to us in Septernbef 2023 and now we are ready to Slep into the n8Xt Fthse of Pede*nan's d￿elopment reCru￿n9 new Staff rnamb8rs aNJ progressing b%ith new buildirYJ plYa)s. This will accommodate tyJr grov+lh lor AltemalNe EthJcats)n. Pro)8ds, and Tutor Training Our vision for the future involvas reaching rrv)re Ind￿￿U#1s. fosteang cleats￿ty. ar*a creatsng an ac¢￿tsIe wtrfantcomrnunity there thearb thrivo. l I￿te you lo p)in w in celebrating the achievements ofthe Fk8St year and ￿ne￿n9 our ujmmitment lo ernpowering the naxt g￿er8￿n through arts ￿ucatiOn. Thank ytyj for being an int￿r81 part of ourpumoy Here's to the next 25 years. Zuli Star￿ard Page 3 PEDESTRIAN UMITED ILNITEO BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST JULY 2023 l¢ontlnuodl A¢hl•wrn￿ts and P•rform•n Osyanisation StatistlC5 We are part￿ularty proud of ￿ttl V+* a¢hhvo at P￿SI￿an ￿￿1 SIn￿ b) imww on ￿ r8sutts year on year. ￿ are FAeased to present some of our stat.slcs in resp*t of who ha¥e and some of ts oukomtrs w hav8 achiewj. Working with 1495 young rAWo. collaborab.ng wth 73 p8rtntrff. Number of new. uniryje wth" 892 Nurnbor of 80ssK)n$ deiNorgd. 436 Number of hours dgts'vwed 2,4e8 Numb8r of YP Supported •Jr over 3 mMth$". 31 Number of unaco)rnpanied awl(m 808k•rs. 20 Nurnb•r YP In AEP 49 Nurnber of YP in the Youth OfvndirrfJ'14 Number ol pnmary school childrtn workèd with". 333 Number ol Arts Aw8rd8 8¢hwed 158 Number of train8as practstK)nws SUPFQrted'. 3 Numblr ol YP •4)em)ce ￿￿rents.. S 0rg*nb84￿0nll A¢hl•v•m•ni• Pedestrian's t89 bne 1$ 'PK)ne•rtng Potenlal ' C*Jr FW8rnmos #nd o)urw •rnbod kyowan rnechan16m8 that devek)p ifid8nc8, 8rnOtvJnal r8*.116n￿ 8n¢J inugase sdf*8Steern. This In le8d5 to su(xess ￿ a varittty ol forms Induding ernploymenl, Job ¢re8bon and educ4bon kryr858K)n. Tho Board remains Ixuwj on Ihg dlr•Xor aTrJ tho team aThJ iY8 sal8 to they are in¢reditAy p￿)ud ol all P•(lestitan has managed to achie¥e in 2022-2023 The suctesso¥erthe last year Istruty 8 rn1￿.0￿ ofthe tslented people Involwj Th• Dts¢torl$l ond t•am, Iho lutors and arb'8ts have twn atAg lo adaptquicaty and con*'nu• to dèlI￿r thè hig*. qualty tsur yourv4 pwle. fvndws p8rtMrd hawj corn to eva. We value the rJe8tve indu$tn¥$ and tho t9￿nted profes&onals vmh'n rt. thamp*)ning 8u¢cevdfvJl ¢0118borgtiong and partnerships with organisakn.ons follo￿n9 &mi￿r￿a￿ta￿a aims S8voral ￿c(0$s￿jl cdlatrKJrabons w*th organisats'on8 8uc* as Arts Council England. Chik4ren in Need and Youth Muwc hawj ￿¥t1+Al Jo to str•ngthen our romlt ond rooth and hav• provided a aolid ￿8t[orM u lh• organis•t*)n mos•¢ thtg rt$ 25th year of delivery. Futur• ActIvI￿ Like all Thir¢J Sec*or organisatK)ns, Pedesln'an laces a huge chanerrfJe n tsvdopng its sarvu5 in tho fac8 of m85SiV cuts in fvnding to the sector, bur the Trustees are confident that wll meèt th18 c*allenge. The Truste88 recognise that that, as wth all Ihird s¢¢tor OffJIntsal￿, 7Ae mwt ryJr Inco￿ streoms to ￿sUr0 thtr bng4•m wjstsinabilty ol Pedestn"an. Thè Tru$tetrs ¢onbnu8ly th• owatKJns and xlMli8s ofthè ¢)rganisakn 8ff8ctsd by the COVID-19 pandern￿ The organtsats.on continues to provwjè lh8 swvic8s and incxJm8 g￿era￿On was rnaintsingd, thérèfoia, tha Trust￿ are satisfie(l have laken ali rnasongble steps to saftyuaro the onwng and tyture actiWts8S of th6 organisation as far a3 Ihey art abb In Ihe opnion of the Trustees. the Organi￿On remains a going concem and wth the Senior Managern￿t Team and stsff t￿M con11nu￿ to *t¥k on I￿rUjrT￿)t 3-y6ar strategy To our purpose. 5ion, aTrd misson, V￿rkIng in a way that is true to ojr valu88 and oJNure, the str8tsgic airns w• need to ¥trive for ar¢." To fvjrthgr d9ve1￿ our Alternats￿ Edu¢xb"¢)) PrrM$i￿ IAEPI offerbj YC￿ F•*0 in a gLtst*inable way. ¢Wlinuin9 to bulky on our repuiation 35 the besiaty centre prowder. 2. To build our rewitstson In th8 Icrf%i tommunth.es to be re￿gniS&j for our eyrb.se in pKowding high. qualty ealivg exwngncas for all thildren and young pawo. Building mora partherships and commi5sion5. 3. To grow the ng 01 £177.671 r85tri¢l•J &Y￿rtUrI on tharitaNe act￿￿e9 of £177,871, which is dgscribed in 3 oflhè actcthpanymg not88 to accounts. Ths statamatt of finarKtal acb"wlJes l￿deS all gans antt kJss8s rwiniseLI in Ihe year. suTrlu$ for tha year for Cornpanies Ad purposes is Ihe surplus rerorted 2tthie AJI irthm• and •XpeThjitu￿ (lerive from cerfiNiNJ acbwtss. The acojmpanying nths on p899$ 10 to 15 an intswal port ofthe a￿￿ts. PayB PEDESTRIAN LIMITED (LIMITED BY GUARANTEEI BALANCE SHEET AS AT 31ST JULY 2023 Not•• 2023 2022 Flx•d A¥••l• Tangits￿ r￿ed ass￿3 6.045 6,873 Curr•nt A•••ts 30,760 73,814 84.570 R•8trict•d fijnds deP￿tACt¢￿nt Cash at bank and In hand 98.45S 81,144 189.955 188,944 Cr•dltor•.' Amounts falling due wthln rn year {115,2121 1112,0771 N•t Currnnt AM•ts 74.743 78,867 N•t Au•ts 80,786 83,540 Roprts•ntsd by: Restricted fvnds Opor8bn9 fvnd De&gnat•d fvnd 10 10 50,788 38,540 45,OOJ 80.788 83.540 For the financi81 ye8r end•d 310 Juty X)23 thè sxfflpany entilJ•d lo ¢xemF￿on from audl undw 6￿tIOn 477 Companies A(* 2C¥)8. No M￿ber ol Ihè Mrnpany has deposthj a nobce. wrwanl to sec*'on 476. requiriw an audit ofthe8e finanrAal stat•m¢nts underlha rn9uirWn￿ts o1th8 comW￿ Act 21Th. The d'roctors acknovA8dg8 Ih•r resp)n•￿'1￿.8S forensuring th8tlhe r￿MpanY ke￿¥ ￿Unting records comply ￿tion 386 01 tha Aet And fr)r prepann9 financjal statemenls which gve a true and fa'r wew of the stste of atrairs ol the company as at the eTrJ ol the financaol Jpar and If Its kyofft Qr fr)r (he fiThanoal y¥ar in accordance with the rgquirements of 8ection$ 394 and 395 anu olher*tse ¢xsmth wth Ihe r•wirwnents of th8 Companles Act 2CQ6 relating to ￿*Urts, so far 8s appllcthe to th8 ujmpony. Thege fin8neAal st8t•ments have bo8n prgpared in accordanc¢ %Mlh the 6￿4a1 provi8ion3 relatsng to small comp•nies thin Part 15 ofthe cornp8ni•sAia2006 and w￿1h A?￿An￿ng8nd Reporb'ng by Charit'6s. Staterngntol Re￿Mmended Pr￿tICe apFJicatrAe to chan*•5 prepanng I￿"T accounts in xoJf(lance%%7th Ihe Finanoal Rap)rting Stsndard appI￿able tha UK and R8puIAi¢ ollroband IFRS 1W211è118L*"%e 1* J8n4wry 20191--Chgrths SORP IFRS 1021. AFyo¥¢d by ¢he Board fr*r i8wJe on 12th January 2tr23 O Stsnn¥d Chairperson aEGgrnpnyiTrJ no￿ on p•Jes 10 19 1? fvrm an In￿re1 pan orthe atcounts. Page 9 PEDESTRIAN UMITED ILIMITEO BY GUARANTEEI NOTES TO THE FINANc￿L STATEMENTS FOR THE YEAR ENDED 311TJULY 2023 Accountlng pollclo Ba•1• of pr•p•rthn The Financral Statements have beèn pr8pared in aCCordar￿e wth aFplicab￿ ￿e￿n￿n9 Standards in Ihe Unrted lQnuiJom aTrJ A¢¢pwr￿n9 and Remng by Chan￿e$. Statement ol Re¢omm8nd•d Practsce applica￿e lo charitses wepanng thwr actounts In acc¥Jrdance the Finart4al Reportino stsndard 8ppli¢8bl8 In the UK and Rewblic of IrdaTrJ IFRS 10211off8r*bp 1* January 20191-'Charit* SORP IFRS 1021 and tho Cornpaniè$ Act 2C(6 Incomlng f••ourco• l inccffjn9 r850urc•s arn Indud&J In th8 ¥ta18m8nt of finanaal aLkn'b&S whèn th8 Chanty 18 8ntsUed to Ihe income and the amunl oJanth"fied reawnatAe 8￿r0¢Y There h•$ boan no offsethng of asset8 an11 li8bl1rt￿$ orincome and oxpansas. unl8s8 wuired or peThitsJ by the FRS 102 CHARITIES SORP or FRS to2. Grants aNJ E1onabons are ￿d￿ded in th& Slatement of Finanaal %then thè gemral Incom• ¢ritaria ar• met in acKordan¢e *ith ￿ra￿ap￿ 5 10 to 5 12 of FRS 102 CHARIMES SORP L•9ado5 Are IndtyJ8d wilhin t￿ stst•m•tt of k*vitsB rgC4iPt 18 PTobAbK8. that ig whan th•r8 has bo8n grnnt of pffjbate. th? 9X￿Ul0￿ havo 8gt4tlkth•a that Iherts are suffioent a￿8￿ in thg g¥tstO and that any £C￿al￿on5 attached to th• are ether wthin the contrd ofthe ¢honty or hav? b¢¢n mtst. 1.3 Fund account1￿j Unrg$trirted fvnds ar• availat4ètO 8F¢fKI on a¢tswtr•¥th8t tuthr oflh•pury*•a# ofth• Ch•rty. 0&8vJn•tsd fijnds ar8 unre$tnct•J frJnd8 aotasvje by ihe Trustee8 for u89 for •pwfi¢ pup)*$. R•th'¢bJ funds ar• grants and donations he￿ botn r•ceN•d for speofic pwiects ofthe chanty. 1A Tanglblo Flxod A•••t• Tangl￿8 fixed assets. oth•r than freeh￿0 i8￿1. are 8tatod at cost ￿ valuatlon 1088 and any provision for impairmant. [WW81￿ is pr￿d at rnt•s calculated to off thè cost or valuatlon ol fixed a88ets, 1898 1heir e¥ts'm8tsd o*dual value over th&r expthj usehjl INe8 on the folkjwing bows.. Equipmnt, fixlures. and fith'rys 25% Stsght IM Flnanclal In•trum•nl• Th8 company has dected to aFrt4 the provi￿onS of Sth 11 'Basic Fina￿al Instrum￿ts, and Secl'on 12 'th¢r FinAnci81 Instruments 19gM' ol FRS 1tr2 to all rts finanud InstrLma)ts. Fin8nty81 irntnTr¥nts Arn rec4wi8&J li th• L))mF4nf$ W8n¢o 8he•t *l1gn the company t￿0M•S party to the ontra￿U31 yo*isKin5 of the Instswment. Finan¢wl 0¥8¢ts and lik￿11￿￿9 are offset, the net 8moun¢8 presented in ¢he finan081 #atwnonts. Ihere Is a Wlty enlorceatrAe rightto set off thg recogni￿d amounts and tharè 1$ an intenthon to setu? ￿ 8 net t4sis orto rnaltstithe asset arvj $￿tIO the lIa￿lty &muhanoou¥ly. Ba•lc fln*nclal a•B• Ba$1¢ fin8noal 8s98ts, which Ind￿ detrtm 8rYl ¢8sh and bBnk balances. 8Te In￿"alty rneaurtd 8ttr8nsoe￿On price Including transaction costs aThJ are subsequenty carried at amortiged cost u&ng the effechve Interest method unkss the arrangement ¢onstibJtes a fina￿n9 transacb"on, vknere the transactson is rfiso$ur6d 8t tho present ¥fdlu¥ of the fiJture tw2pts discwnl•J at a rnarket rate of interest. Fin8ncAal assets classified as receivable wthin one year are Th)t am￿. Cla8sMka￿0Th of fin•n¢ial Ilablllti•8 Financial Iiaknlities and equty In5trum8nts aro dassthed accordiro to the subst8no of the ojntrxtual arrangem9nts ent*èd Into An equtty insbiJm•nt is •ny eonlAetth8t wdane89 g r8sidug1 intwe51 in thg assets of thè comoany after ¢J8duckna 811 its Ik4ly"lrf*s. Page 10 PEDESTRIAN LIMITED (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEIIJENTS {eontinugdl FOR THE YEAR ENDED 318TJuLY 2ty23 Ac¢ountln9 poll¢1￿ Icon0N•d) 1.5 Fln*n¢lo1 In8trum•nts Icontinu•dl B••lc fln•nel*l Il•bllltl•• Bas￿ financial IK8bi1il￿, indLkliThJ creth'tors. kjans. loans Irryn Idlow group Ltmpan￿B and pr6feren¢e Shares that are dassifigj a8 debt, ar• inib•lty rwA•d at transac*on pnce Unl￿ Ihe arrangement ￿nStItute6 8 finanong tTrnsacbon. the debt inthrnont Is measured al the present value ol the fijture payrn•nts diyLountgd at a market rale of intsrest Financiall18￿1th5 85 ￿aLle wthin one year arè not amortised. Debt instruments are subsequenty camed at t￿1. u%ng the O￿tive Interest rate m8thod Trade cr8drtOTS ore oblvJations to pay for ￿￿00$ or servrEs that ha￿ 8o]uired In the ordinary c￿rS& ol bu$ines8 from sUp￿￿eTS Amounts paya￿8 8r• daswfied as cJJrr8nt liats'libes Il payrnènt 18 dJ8 within ono y&8r or le88 11 not, they are Pfesented as nonryojrrenl lia￿.1￿8$ Trade crè*iors are inthlty 01 transxtr)n prica 8N $uteequentty m&4sured at amorts'8ed ￿5t efv¢lwe Interest mathtsa. 1.6 UK tsx•tlon As o regWt•red Chanty. the CA)mp#ny IB oxwIO from c•rtain Qlwrents of UK Corwatth Taxab"on. 1.7 Exp•ndllurn Expenthture Is ro￿a￿ls￿l *fi8n 1$ a *al or C(JnstrUc￿ olAw8b'on to mak• a payment ts g third party. Costs of Chants￿0 act￿￿.•5 0)M￿Se thè eosts incurred Chanty to moot ts chants￿¥ objKtIV68, tho provi8KJn ol sarwees 8nd laa"lrfi04. Sypport cosls ar• Iho8• C06ts Incurr•d to gn8tAe the Charity to daliver its prOgr￿m• of a¢tivhleB. Salarnl not 1oBtrK￿j grants aro AFwrbomY ￿ the lollov+ing bag1•.' Ch8ritst48 8cb"v SuFVOrt cx>st8 97% 3% 12022- 97%) 12022- 3%} Gr•nts r•¢•5v*bl• IR•8tskt•d Fund•) Grant• Grants 8Tr R•c•hf•d Grants R•etsgnl•od Grnni• Cff Art8 Counul England Children in Need Fre• tts Create LLR Community Foundel Nation81 Found8bon for Youlh Mu Nat'onal Lottery Pokn*r to Change Th• Arts SocAety The ￿l￿ty Cr*￿'Ve viol￿Ce Reducton 56,415 {19,5911 36.824 29,053 3,539 3.539 19501 146,0291 16,8371 32,288 50.107 3.163 10.CIXJ (1,S¥)41 3.008 10.0(K) 4.386 10.OJ) 11.850 (7.9641 fj7.444 163.959 183,2751 148.128 Pagg 11 PEDESTRIAN UMITED ILIMITED BY GUARANTEE) NOTES TO THE FINAPKIAL STATEMENTS Iconllnuod) FOR THE YEAR ENDED 31ST JULY 2023 Exp•ndllur• on ¢h•rfi•bb actlTrttl•• 2023 2023 Unrn•irf¢t•d R•St￿ct￿l 2023 To¢•1 Salariès and Tutors and c(￿5￿1*￿ts Matenal¥ and gquipment Fee8, Iir*nces, and venw hir• Supwrtc¢sts (nots 41 39,454 56.612 93.630 39.¥1)8 4.748 2,092 7.750 133,Ce4 96.520 5.220 52,420 7.312 60.170 1S4.202 148,128 302,330 2022 2022 Unmtrlctsd R￿trIct0￿ 2022 Total Salaries and wages Tutors 8nd con8Utants M8tèrial$ and equipment Fe•$, Ilc•nC￿, and ¥￿ul hi Supportcosts (note 41 8,095 77.964 108.250 59.8 5.771 114,345 137,564 9,214 4,358 49.301 3.458 48.151 3.150 137.111 177,671 314,782 Page 12 PEDESTRIAN LIMITEO ILIPIIITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (￿lI1nUedI FOR THE YEAR ENDED 31ST JULY 2023 Support Co•t• 2023 unth￿¢1•d 2023 R￿trICtsd 2023 Total Sal8ri03 •)d w•)es Stoff traning, l￿fare, & sut¢ist•rt• Premises cc6ts expen688 Prole8610nal fè•5 Accountsncy and boolth•OF4ng fe68 Complionc? fo08 Int•re8t bank chargès 08fft8tion of llxed 3.224 2,284 20,834 7,281 4,120 11.C 1.311 147 2,219 3,224 4,484 26,384 7,281 4,120 11,OCKJ 1,311 147 2,219 2.200 5,550 52,420 7.750 60,170 2022 Unrn•trkt•d 2022 R￿trICt•d 2022 Total Salarfo¥ and wag•s Stsff IT8ining, ￿e￿arn. & SU￿$10r￿• Premi8e5 ccats Offic• expen Prof&ssthal fo88 Accountsncy and b(thk8eFirvJ 19 Compliance fo•# Interest and tr*nk charges D8pr•datron ol fix•d as￿5 3,536 2.805 16,882 6.478 2.122 12,Lh)J 1.091 133 1,104 3.638 2.8OS 20,032 6,478 2.122 12,Oc￿l 1,091 133 1,104 3,150 39.154 43,502 T•tal R••ourcM Exp•ndod 2023 2022 Stsff costs cornprise". VVa9os & Soianes I1￿￿ding xoal 3￿UrIty ¢))¥tsl Pen￿￿ o)5ts 127.123 9,185 110,805 4,8e6 Tru•te•s R•munernllon The TN5tees did not receNe any r¢rnuwation ye•r under 8nd there no reimbursed expens8s12022- £ndl. Page 13 PEDESTRIAN LIMITED (LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS Icontlnu•Jl FOR THE YEAR ENDED 31ST JULY 2023 T*nglbl• Flxod AH•i• Offic• Equlpm•nt At Co•t Al 1. August 2022 Additons 9,277 1.591 At 31* Juty 2023 10,868 D*prnelatSon At August 2022 CharyJe for the year 2.604 2.219 At 31# Juty 2023 4,823 N•t Book V*lu• At 311¢ Juty 2023 6,045 Al 311t Juty 2022 8,673 D•btorn 2023 2022 Amounts ￿*1¥able 28,512 27.38S 3,375 Oth8r d8btors and pr￿y￿an1• 30.7eo Crgdltorn: *nK•unts falllng Ythhln t)n• 2023 2022 Trade ue(htor8 Deferred in¢4rn0- rgStn"¢#9d acbths Deferred ino)rne- gaw818thvth.èg oth8r craditts 8,514 83,275 575 22.848 13,159 87 31.387 115,212 112,077 Paoe 14 PEDESTRIAN LIMITED (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {conllnu•dl FOR THE YEAR ENDED 31ST JULY 2023 R•otrkt&d Funds Restndèd fiJnd8 f8Lwgsont grant8 ￿¥8¢1 for wfie kyojxts Expenditure * match&J to Incotne over the penod ol the grant Defwred i)ccffje repr8sents fvjnds ￿¥•d fr)r wll be compbt&Y In future finar>cld perio(15. Deferred ￿C(*￿er￿85onts re￿n￿•y fiJnd8 and bsmatitsjby fijndsheld in daFQSit accijunts and any out$t•nding debtors or eredrtor3 at th6 year4nd. 10 Anily•l• ol Fund• R••trletsd Fund• 2023 2022 G•n•rnl Fund 2023 2022 B#i&nce brnught 10Th￿r￿ IncDmSrwJ r•sourtes Outgotng r•sourre Tron8f8r Itol lfrom dabvwalod fvnd 10,234 151,460 165,417 1154,2021 1137,1111 15,LDQ 148.128 177,671 1148.1281 1177.871) 8alane• ¢omgd I0￿*d 50,788 38,540 D••lgnat•d FuThl 2023 2022 R•locatK)n and prwni80$ rn8•MI Human rt8ource8 regaN• Development ol fiJbJr• seNC85 20.OCpJ 20.0 5.000 45.oc 11 Analy•l• of N•t A•••l• B•t*wn Fund• Unr••trlct•d Fvnd8 G•nwal DMlgnat•d Fund Fund Tol•l Fund• Fund balanc98 * 31* Juty 2023 8r• rwe8ent•d by. . T8ngit4e fixed assets oobtors Cash 8t b•nk & in hand Creditors 6,045 30.356 159.599 131.9371 183.2751 30,3 31,144 {16,7571 98.455 115,1801 183,2751 $0,7 80.788 12 Controlllng Party Th¢ company 15 lrnrknd ty LKwants8. Ther• r8 no u￿"Mats controning F4ty. Page 15