2023-12-31-accounts

REGI￿ERED COMPANY NUM8ER: 04498986 (England and Wale5) REGISTERED CHARITY NUMBER: 1147911 REPORT OF THE TRu￿EEs AND AUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR PENNINE MAGPIE Walter Dawson & Son Chartered Accountants First Floor, Unit 12 Pennine Bu5ine55 Park Longbow C105e, Bradley Huddersfield West Yorkshlre HD2 IGQ

ENNINE M CONTEKfs OF THE FINANCEAL STATEMEwrs FOR THE YEAR ENDED 31 DECEMBER Z023 Page Report of the Trustees Report of the Independent Auditors 7 to 10 Statement of Flnandal ActlvFties Balance Sheet 12 Cash Flow Statement 13 Notes to the Cash Flow Statement 14 Notes to the Flnancial Statements 15 to 24 Detalled Statement of Flnanclal Activltle5 25 to 27

PENNINE MIGPIE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEM8ER 2023 The trustee5 who are a150 directors of the charity for the purposes of the Companle5 Act 2006. present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the pmision5 of Accounting an¢J Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the FinancTal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effertive 1 January 20191. OBJECTIVES AND A￿1VrrIEs Objectlves and Alms The objerts of the company are to beneflt youn8 persons and adults with special needs through the provision of training, personal development actlvftles and support setvice5 to provide the skills, confldente and infrastructure necessary for them to live a more Independent and fulfilling life withln the community. Slgnlflcant Actlvltle5 The Charfty is established to benefit young people and adults wlth speclal needs. Thls Is achleved by the provlslon of training and other facilitie5 to enable such persons to acquire skllls, confldence and the infrastrLKture necessary for them to live a more independent and fulflulng Ilfe withln the communlty. Public Beneflt Statement The trustees have complied with the dLrty in Sec 17{51 of the Charities Art 2011 to have due regard to the guidance contalned in the Charity Commi55ion'5 general guidance on public beneflt when reviewng its aims and oblettives and In plannirk8 its future activitles. In partlcuiar, the trustee5 conslder Iw)w planned actlvlties wlll contribute to the aims and objectives they have set. The charitable activity focu5e5 on supporting all yOLng people and adults to further the charltable purpose for public beneflt. Page 1

PENNINE IAAGPIE REPORT OF THE TRu￿EE$ FOR THE YEAR ENDED 31 DECEMBER 2023 STrATEGIC REPORT Achlevement and performance Charltable actlvltle5 2023 was another exceptional year of growth with Income Increaslng by 63% from the previous year. We supwted approximately 135 members in 2023. The day Service delivered around 257 days of suptKJrt per week lapprox. Bo,(￿ hours of support over the yearl with the Outreach delivering 31,500 hours of support includin4 deliverinq over 100 weekend and evenlng activity 5ession5. We continue to fKus all our efforts providing our Member5 With opportunltles to create new skllls and opportunities by prowding quallty and varied sessions across the week. Member5 contlnue to be at the forefront of any strategic decisions made, wlth a weekly Members Voice session contrlbuting to informing the l+lanagement Team of tx)th positive and negatiye aspects of hlagpies, as well as ideas for future 5es51¢)ns. A cohort of Members has also worked closely with other Learnlng Dlsability charitie5 in Calderdale to ensure the voices of Adults with Leaming Disabilitie5 are heard when Strategic decision5 are b￿n made wthin Calderdale. This level of growlh meant a need to continue to recruit new staff, In April 2024 we recnjlted a new Accounts Manager, and In September 2024 recruited a new HR Manager. These new roles were developed to support the core operatlon of the 5eMce. In November 2023 we also developed a new Deputy Chief Executive Officer role to support the Chief Executive Officer. We also slrengthene(I the staff support, recruiting 2 new Supervisors to increase the support for our Enablers. Towards the tatter stages of 2023 was partlcularly dlfficult as we looked to recruit a new Operations Manager. but are pleased that we were able to recrtht to thls roie in early 2024. The Trustees have identified the principal risk facing the charity is the current premises, which we are now at the point of maximum occupancy. A5 part of our ongoing effort to flnd a new buil(iing/ property to purchase for the charityj in December 2023 we found a potentially viable suitable location but nfortunateiy were unable to get the deal across the line. The Trustees continue to priorit15e the purchase of either land or a suitable buildlng to convert ané recognlse the dlfficultle5 the current marketplace presents. In June 2023 we decided to increase our fleet of Vehicles to support the tran5POrtation and opportunities for our Members, placing an order for two new Minibuslvans due in Summer 2024 and an additional car purchased in October 2024. In February 2024 we said goodbye to our Chief Executlve Offlcer, Amanda Gouldln8, and we would like to place on record our slncere thanks for all the support and effort that She provided Magpies in her seven.year tenure,. steering the charity through a rebrand and in a new strategic direction, as well as through the Covid-19 pandemic. Page 2

PENNINE IAGPIE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 STRATEGIC REPORT Finandal review Flnandal posltion The net income for the year was £231.744, including a net income of £232,213 on unrestricted funds and net expenditure of £5,321 on restrlcted funds after transfers. The primary funding source ccnes from Members pawng directly and through both the Local Authorfty and Health Servi￿, to access the Day servi￿ and Outreach Service at Magpies. Magpies a150 undertakes soffle small fundralslng events during the year. such a5 ￿ Halrfax Gala. these are prirnarily used to promote Ma¥pies. All Incoming resources to Magpies are used to support and deliver Services to our Mernber5. The primary expenditure of Magples Is Staffing to support our members. Our 'Enablers' SLtpport Members to access sessions that allow them to leam new skills, have new opportunities and develop and malntain friendship5 wfjthin the day centre as well as accesslng the communlty In Outreach. In early 2023, the Trustees recognised the need to ensure that the reseNes belng held were s£￿eratin9 a retum for Magpies. The Trustee5 agreed to move the majority of our reserves to Flagstone, a Charity Deposit Platform. giving easy access to multiple sawn8s accounts, Wbth all deposits being placed under an agreed rlsk framv*¥ork. A5 we enter a period of consolldation and we continue to prforltlse the quality of the servlce for our Members. we estlmate Ehat our Income will remain stable over the next couple of years. but that costs wlll naturally increase due to external factors such as inflation. While we don'l estimate this to have a negative effect on Magpies reserves the trustees will continue to closely monitor the 5ltuation. Reserves policy Magpies keep between 3 and 6 months of running costs as reserves to enable the smooth runnlng of the charity. Magples have seen significant gr0￿h again durlng 2023. Runninq cost5 have therefore been Increased to cover this. Magpies continue to look for appropriate premise511and to buy. Flndini appropriate premises has proved extrernely dlfflcult over the past few years. We hope to find something durini 2024. Designated building funds remain at £750k. The charitys free re5erve5, eX￿￿lIng flxed assets, at the year end were £1,328,942. After deducting designated funds this leaves £578,942. Future plans As we enter a period of consolidation, haYln8 grown significantly in the past two years, the quality of our Service remalns the priorityj Wlth thls, we continue to monitor the number of members, considering their individual needs and how the seNlce meets their needs. We also contlnue to concerbtrate our efforts on finding the rtght property to purchase. with the trustees and mana8ernent tearn leading the search and remaining proactlve in a difficult marf(etplace. Training and development for all staff is also a priority, upskSlllng the team to meet the needs of both current and potential new Member5. RUCTURE, GOVERNANCE AND MANAGEMEKr Governlng document The charity Is controlled by its governlng d¢xument, a deed of trust, and constitutes a limited teffipany, limite(i by guarantee, as defined by the Companies Act 2006. Page 3

PENNIME MIGPIE REPORT OF THE TRu¥fEES FOR THE IEAR ENDED 31 DECEMBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMEtrir Structure, governance and management The charity is a company Ilmited by guarantee and wa5 formed on 30 July 2002. It is governed by memwandum and articles of aswciation. New articles were adopted by a Special rewlution on 8 March 2012 as amended by a special resolution on 6 June 2012. The liabillty of the members In the event of the company being wound up is limited to a sum not exceedlng £10. Inductlon and tralnlng of new trustees The Board con51Sts of a minlmum of 3 trustees with no maximum. One-thlrd of all twstees lon a rotatlonal basis - longest serving deemed to retire firstl who have held office slnce the last Annual General Meeting {AGMI, plus all new appointment5 retlre at the next AGM. Retiring trustees are eligible for revappointment. New trust￿ are recommended for appolntment by the existing trustees. Membershlp of Pennine Magpie is open to any indiwdual or organisation provided that. in the oplnion of the l)oard. they do not present a C￿f1￿ct to the best interests of the Charity. REFERENCE AND ADMINISTRATIVE DEfAILS Re8lstered Company number 04498986 (England and Wale51 Re8iStered Charity number 1147911 Reglstered offlce Unit 15 Calderdale Busines5 Park Club Lane Halifax West Yothshire HX2 8DB Trustees J P West (Treasurer) Mrs J L Core (Chairl J Platt Ichalrl (resign￿ 27.9.23} ts N Abel Ire518ned 25.1.23} Ms L Morgan (appointed 29.5.241 Ms L Buick (appointed 27.9.231 (resigned 18.2.241 Company Secretary M B Reynolds Audltors Walter Dawson & Son Chartered Accountants First Floor. Unit 12 Pennlne Buslness Park Longbow Close, Bradley Huddersfield West Yorf(shire HD2 IGQ Page 4

PENNINE MAGOIE REPORT OF THE TRusfEES FOR THE YEIR ENDED 31 DECEklBER 2023 REFERENCE AND ADMINISTRATIVE DETAILS Bankers Natlonal We5tmin5ter 8 Market Pla HLKldersfield HD12AL Shawbrook Bank Limlted Lutea House Warley Hill Business Park Brentwood CN13 3BE The Charity Bank Llmlted Fosse Hc¥Jse 182 High Street Tonbridge TN91BE Flagstone Group Ltd 1st Floor, Clareville House 26-27 Oxendon Street London SW1Y 4EL STATEMENT OF TRusfEES' RESPONSIBILMES The trustees (who are also the directors of Pennlne Magple for the purposes of company lawl are responsible for preparing the Report ol the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practlcel. Company law requires the trustee5 to prepare flnancial statements for each financial year which give a true and falr view of the State of affairs of the charita￿e company and of the incoming reswrce5 and application of resources, including the income and expenditure, of the charitable company for that peric¥J. In preparlng those flnanaal statemefit5, the trustees are required to seleci suitable accounting pollcies and then apply them consistently. obswve the methods and prlnciples in the Charlty SORP; make judgements and estimates that are rea$￿able and prudent; prepare the financial Statements on the going concern basis unless it Is inappropriate to presume that the charltable company will C￿tInUe in buslness. The trustees are responsible for keeping proper accounting record5 which di5c105e with reasonable accuracy at any time the financial posltion of the charitable company and to enable them to ensure that the flnanclal statements comply with the Companies Act 2006. They are also responsible for safeguardlng the assets of the charitable company and henc? for taking reasonable steps for the preyention and detecti(ffl of fraud and other irregularities. In so far as the tr￿tee$ are aware: there is no Tel￿ant a￿lIt information of which the charitable companys auditors are unaware,. and the trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant audit informaiion and to establlsh that the a￿ltorS are aware of that infomiation. Page 5

PENNINE IL4GPIE REPORT OF THE TRu¥fEES FOR THE YEAR ENDED ECEMBER 2023 AUD￿ORs The auditors, Walter Dawson & Son, will be proposed for re.appointment at the forthcomlng Annual General Meeting. Report of the trustees, Incorporating a strateglc report. approved by order of the board of trustees, as the company directors, on 24 September 2024 and signed on the board's behalf by: Mrs J L Core - Trustee Page 6

REPORT OF THE INDEpeNDEKr AuorroRS TO THE MEMBERS OF PENNINE h14GPIE Oplnlon We have aL￿lIed the flnanclal statements of Pennine Magple lthe'charitable companll for the year ended 31 Decernber 2023 whlch comprise the Statement of Financial Activltles, the Balance Sheet, the Cash Flow Statement and note5 to the financial statements, Including a summary of si8niflcant accountlng polldes. The financial reporting framework that ha5 been applied in their preparatlort Is applicable law and Unlted Klngdom Accounting Stan¢Jards Iunited Kingdorn Generally Accepted Accountlng Practicel- In our opinlon the financial statements". give a true and falr vlew of the state of the charttable companYs affairs as at 31 Decemt)er 2023 and of its incoming resources and application of rescrfjrces, Includlng its income and expenditure, for the year then ended. have been prLperLy prepared in accordance with United Klngdom Generally Accepted Accounting Practi￿. and have been prepared In accordance vrith the requirements of the Companie5 Art 2006, The financial statements of the Charity for the year ended 31 December 2022, were unaudlted, but were subject to an independent examination by West yorkshi￿ Communlty AccountarKy Service CIO who Issued a statement that the examlner foLmd no material concerns in cfflnection wlth the examinatlon. Basls for oplnlon We conducted i)ur audit in accordance wtth International Standards on Auditing IUKI IISA5 IUKII and applicable law. Our reswnsibllltle5 under those standards are further described in the Audltors. responsibilities for the audit of the fSnanclal statements section of our report. We are Independent of the charitable company in accordance with the ethical requireyments that are relevant to our audlt of the flnandal statements In the UK, including the FRCS Ethical Standard, and we have fulfilled our other ethlcal re5ponslbilities in accordance ￿￿th these requirements. We bdieve that the audit evidence we have obtalned Is suffldent and appropriate to provlde a ba515 for our opinlon. Conclusions relatln8 to going concern In auditing the financial statements, we have concluded that the trLFStees' use of the golng concern basls of accountlne In the preparation of the flnanclal statement5 is apprLpriate. Based on the work we have performed, we have not identified any material uncertalnties relating to events or conditions that, Individually or collectively, may cast significant doubt on the charitable compan￿$ ability to continue as a going concern for a perlod of at least twelve months from when the financial statements are authorised for issue. Our ￿SpOnsIbl11t1eS and the responsibilitie5 of the trustees with respect to going concem are described in the relevant sectlons of this repcrt. Other inf¢xmatlon The trustees are responsible for the other Information. The other Infom)atlon comprfses the Information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our oplnlon on flnancial StateM￿ts does not cover the other Inforniation and. except to the extent otheNise explicitly stated in our report. we do not express any form of assurance conclusion thereon. In connection with our aL*Jit of the financial statements, our responsibility Is to read the ot￿r infomatl and. in doing 50, consider whether the other Infomiation 15 materially Intonsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material Inconsistencie5 or apparent material mi55tatement5, we are required to determine whether thls glves rise to a material mlsstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material mi5Statement of this other infom)ation, we are re￿re￿ to report that fact. We have nothing to report In thls regard. Page 7

REPORT OF THE INDEPENDEKf AUDITORS TO THE hlEMBERS OF PENNINE AiAGPIE Oplnlons on other matters pre5crlbed by the Compènles Act 2006 In our oplnlon, based on the work undertaken in the course of the audit: the information given in the Report of the Tnjstees for the financial year for whlch the financial Statem￿t5 are prepared Is consistent ¥￿th the finanaal statements. and the Report of the Trustees has been prepared in accordance with applicable legal requlrements. Matters on which we are required to report by exceptTon In the light of the knowledge and understanding of the charitable company Its environment obtained In the course of the audlt. we have not identified material misstatements in the Report of the Trt￿tee5. We have nothing to report in respect of the following matters where the Companies Att 2006 requires us to report to yw if. in our opinion: adequate accountlng records have not been kept w retums a¢Jequate for our audit have not been received from branches not visited by us. or the finanthal statements are nol in agreement with the accounting record5 and return5. or certain disclosure5 of trustees. remuneration speclfled by law are not made; or we have not received all the inforrnation and explanations we requlre for our audit. Responslbllltles of trustees As explained more fully in the Statement of Twstees, Re¥)onslbilitTes, the trustees Iwho are also the dlrectors of the charitable company for the purposes of compaw lawl are responsible for the preparation of the flnancial statements and for being Satisfied that they give a true and fair view, and for such internal control a5 the trustees detemiine is necessary to enable the preparation of financial statements that are free from material mi5Statement. whether due to fraud or error. In preparing the financial statements, the trustees are responsible for a55essing the charitable cornpanys ability to continue as a going concern, disc105ing, as applicable, matters related to going concem and Using the going concem basis of accounting unless the trustees eiiher intend to liquldate the charitable company or to cease operations, or have no realistic altemative but to do so. Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF PENNINE AIAGPIE Our responslbllftles for the audlt of the flnanclal statements Our objedlves are to obtain reasonable assurance about whether the financfal statements as a whole are free from material misstatement. whether due to fraud or error, and to 15sue a RepLYt of the Independent Auditors that includes our opinion. Reasonable assurance is a hlih level of assurance, but is not a guarantee that an audit conducted in accordance wfth ISAS IUKI wll alway5 detect a material mlsstat£ffient when it exists. Mi55tatemer)ts can arfse from fraud or error and are considered material if, individually or In the aegreeate, they could reasonably be expected to influence the econ¢)mic deci5ion5 of users taken on the basis of these financial statements. The extent to whlch our procedures are capable of detecting I￿e¥ular1t7es, including fra￿ is detailed below: Our approach to identifwn8 and assessing the rlsk of material mlsstatement in respect of Irreguladtles, Induding fraud and non-compliance wlth law5 and regulations. was as follows: the engagement partner ensured that the engagement team collectlvdy had the appropriate competence, capabilities and skills to identify or recognise non-tompllance vrtth appllcabie Law5 and reeulatlon5' we identlfied the Laws antl regulatlons applicable to the company through dicussions wth directors arKI other management, and form our commerdal knowledge and experien￿ of the sector" we focussed on specific laws and regulatlons which considered may have a dlrect materlal effect on the financial statements or the operatlons of the company* including the Companie5 Act 2006, taxation legislation, data protection, anti-bribery. employment, environmental and health and safety legislation. we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and Inspectlng le8al corre5pondence- and identlfled law5 and regulations were communicated within the aL￿7t team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the crmpanys finandal statements to material mT55tatemLYt, Including obtaining an understanding of how fraud might occur, by.. rnakine enquirles of management as to where they considered there was a susceptibility to fraud. their knowledge of actual, 5U5pected and alleged fraud. and considering the Intemal controls in place to mltlgate rlsks of fraud and non-compliance with laws and uLations. To addre55 the risk of fraud through rnanagement bias and overide of C￿trOl5, we: performed analytlcal procedures to identify any unusual or unexpected relationships> tested joumal entries to identify unusual transactlons: assessed whether judgernent5 and assumptions made in deterrTrining the accounting estimate5 set out in rK)te 2 and where indicative of potential bias. and inve5tigaled the rationale behind significant or unusual transactlons. In response to the risk of irregularities and non-compliance wlth laws and regulations, we designed procedures which Induded, tr4Jt were not limited to: agreeing finandal statement disc105ures to underlylng supportin8 documentation; reading the mlnutes of meeting5 of those charged wlth governance. enquiring of management a5 to artual and potential litigation and claim5. and reviewing correspondence ￿th HMRC, relevant ￿UlatorS including the Health and Safety Executive, and the companys legal advisors. There are inherent lirnltatlons in our audit Pr￿edureS described above. The more removed that law5 and regulations are from finarrial transactions, the les5 likely it is that we would become awa￿ of non-compliance. Auditing standards also limit the audlt procedures required to identify non.compliance with laws and regulation5 to enquiry of the dirertors and other management and the i￿PectIon of regulat(ry and legal COrre5Pt￿denCe. if any. Page 9

REPORT OF THE INDEPENDENT AuD￿ORs TO ThE MEMBER PENNINE MAGPIE Material misstatements thal arise due to fraud can be harder to detect than tlb)se that arise from error as they may involve dellberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Councll's web51te at www.frc.org.uk/auditorsresponslbllltles. Thi5 description forms part of our Report of the Independent A￿ltOrS. Use of our report Thls report is made solely to the charitable companys members. as a body, in accordance with Chapter 3 of Part 16 of the Companles Act 2006. Our audit work has been undertaken so that we might state to the charftable company's member5 those matters we are required to slate to them In an auditors, report and for no other purpose. To the fullesl extent pemiitted by law, we do nol accept or assume responslbility to anyone other than the charitable company and the charitable company's members a5 a body. for our aLKlit work, for this report, or for the oplnlons we have formed. J Richard Hall (Senlor Statutory Auditor) for and on behalf of Walter Dawson & Son Chartered Accountants First Flcor, Unit 12 Pennine Business Park Longbow Close, Bradley Hudder5field West Yorkshire HD2 1GQ 24 September 2024 Pale 10

PENNINE MAGPIE STATEMENT OF FINANCtAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total fvnd5 2022 Total f￿rKI5 Unrestrlcted funds Re5trfrted fund5 Notes INCOME FROM Dc4)atlons and legaaes 6,811 500 7,311 12,370 Charltable artlvitie5 Support Setvice5 Out of Hours Supp¢yt Student Events 1,053,457 496,796 1.053,457 496,796 1,061 667,032 269,892 1.518 Other trading actlvltles Investment income 559 22,738 559 22,738 2,222 4,093 Total 1,581,422 500 1.581,922 957.127 EXPENDrruRE ON Ralslng funds 4,748 Charitable activities Support Ser¥ice5 1,350,663 969 1,351,632 754.150 Total 1,350,663 969 1.351,632 758,898 lNCOMEI(EXPEND￿uRE) 230,759 1469) 230,290 198,229 RECONCILIATION OF FUND5 Total f￿d$ brought forward 1,091,379 5,821 1,097,200 898,971 TOTAL FUNDS CARRIED FORWARD 1,322,138 5.352 1,327,490 1,097.200 The notes form part of these flnandal statements Page11

PENNINE MAC￿E BALINCE SHEEr 31 DECEMBER 2023 2023 Total fund5 2022 Total fund$ Unrestrkt•d funds Restrlcted funds Notes FIXED Assrrs Tanglble assets 13 50.581 50,581 14,272 CURRENT ASSErs Debtors Cash at bank and in hand 14 241.630 15 1,084,291 241,630 1,089,643 156,595 952,982 5.352 1,325,921 5,352 1,331,273 1,109,577 CREDITORS Amounts falling due within one year 16 154,364) 154,3641 126,6491 NEf CURRENT ASSErs 1,271,557 5,352 1,276,909 1,082,928 TOTAL ASSEfs LES5 CURRENT LIABILITIES 1,322,138 5,352 1.327,490 1,097,200 ASSErs 1.322,138 5.352 1,327,490 1,097.200 FUNDS UnrestrEcted funds Restricted funds 18 1,322,138 5,352 1.091,379 5,821 TOTAL FUNDS 1,327,490 1,097,200 The financial statements were approved by the Board of Tru5tee5 and aL>thorlsed for i55ue on 24 September 2024 and were sjsned on its behalf by.. J L Core . Trustee J P West - Trustee The notes foTm part of these finandal statements Pale 12

PENNINE hilGPIE CASH FLOW STATEMEKr YEAR 031DE EMBER 2023 2023 2022 Note$ Cash flows from operatln8 actlvltles Cash generated fr(Nn operations 156,414 110.639 Net cash provided by operatlng activities 156,414 110.639 Cash flow5 from Investlng actfvltles Purchase of tangible flxed assets Interest received 42,4911 22,738 114,161) 4,Crf)3 Net cash used in investing activities 119.7531 (10,068) Change in cash and cash equlvalents in the reporting perl¢)d Cash and cash equlvalents at the teglnnlng of the reportln8 perlod 136,661 100,571 952,982 852,411 Cash and cash equlvalents at the end of the reportlng period 1.089.643 952,982 notes form part of these financial statements Page 13

PENNINE KAGPIE NOTES TO ThE USH FLOW STATEME FOR THE YEAR ENDED JI DECEMBER 2023 RECONCILIATION OF INCOME TO NEf CASH FLOW FROAI OPERATING ACTIVITIES 2023 2022 Net Income for the reporting perlod las per the Statement of Financial Actrvities) Adjustments for: Depreciation charges Interest received Increase in debtors Increase in creditors 230,290 198,229 6,182 122,7381 185,035) 27,715 3,865 14,0931 194,7861 7,424 Net tash provided by operatlons 156,414 110.639 ANALYSIS OF CHANGES IN NEf FUNDS At 1.1.23 Cash flow At31.12.23 Net Cash at bank and in hand 952,982 136,661 1.089,643 952,982 136,661 1.089,643 Total 952,982 136,661 1,089.643 The notes forrn part of these flnanclal sratements Page 14

PENNINE IAAGPIE NOTES TO THE FINANOAL sfATEMEPUS FOR TrtE YEAR ENDED 31 DECEMBER 2023 AccouKnNG POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The flnancial statements of the charitable company, which is a publlc beneflt entity under FRS 102, have been prepared in accordance ￿th the Charities 50RP (FR5 1021 'Accounting and Reporting by Charltles.. Statement of Recommended Practlce applicable to char1tle5 preparlng thelr accounts In accordance with the Finanoal Reptsrtlng Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reportln8 Standard 102 The Flnanclal ReportTrng Standard applicable In the UK and Republic of Irdand. and the Companie5 Act 2C4)6. The financial statements have been prepared under the historical cost conventlon. INCOMING RESOURCES All incoming resources are recognised in the Statem￿tt of Flnanclal Actiyitles c￿e the charlty has entitlement to the funds, it 15 probable that the iKome wlll be received and the amount can be measured reliably. Where income has related expendlture, the incTrne and retated expenditure are reported gross In the Statement of Financlal ACtI￿tIes. Interest on deposit funds held Is Included on an accrual basls provided that the amount can be measured reliably by the charlty. EXPENDrruRE AND IRRECOVERABLE VAT Liabilltie5 are recognised as expenditure as soon as there is a legal or constructive obligation commlttin8 the charity to that expenditure, it ls probable that a transfer of economic benefits will be requlred in settlement and the amount of the obligation can be measured reliably. Expenditure Is accounted for on an accruals basis and has been dasslfled under headings that aggregate all cost related to the category. Where costs cannot be dlrectly attributed to partlcular heading5 they have been allocated to activitles on a basis consistent with the use of resources. Support ￿t5 comprise those costs which are Incurred directly In support of expenditure on the objects of the charity and include governance cost, finance and office costs. Govemance costs are those costs incurred in connection with the Complian￿ with constltutional and statutory requirements of the Charity. Irrecoverable VAT is charge(i as a cost agalnst the activity for whith the expendlture was incurred. GIiANTS AND DONATIONS Grants and donatlons are only incI￿le0 In the Statement of Finanthal Actlvltles when the charity has unconditional entitlement to the resources. Where grants are related to performance and specific deiyverables, they are accounted for as the charity earns the riqht to consideration by Its performance. TANGIBLE FIXED ASSErs Tangible fixed assets C05ting more than £750 are capitalised and inclLthd at Cost incluijing any incident31 expense5 of acquisition. Gifted assets are shown at the value to the charlty on recelpt. Depreclation 15 provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their experted useful economic lives as follows: Fixtures and fittings.. over 5 years Computer equipment: over 5 years Motor vehlcles: over 5 years Pa8e15 Contin￿￿...

PENNINE IL4GPIE NOTES TO THE F NANCIAL STATEME R ENDED 31 - Contlnued ER AccouKnNG POLICIES - contlnued TAXATION As a charity the or8an15atlon benefits frLNn rates relief and is generally exempt from income tax and capital gains tax but not from VAT Irrecoverable VAT Is included int he cost of those items to which it relates. FUND ACCOUNTING Unrestricted funds can be used in accordance wth the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular re5trirted purposes wlthln the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for partlcular restricted purp05e5, Further explanation of the nature and purpose of each fund is included in the note5 to the financial statement5. HIRE PURCHASE AND LEASING COMMITMEkirs Rentals paid under operating leases are charyed to the Statement of Financial Attlvitles on a straight line basis over the period ol the lease. PENSION COSTS AND OTHER Po￿-R￿IREmENT BENEFITS The charitable company operates a defineLI contribution pension $d￿Me. Conlrlbutions payable to the charitable c(ynpany's pension scheme are charged to the Statement of Financial ActI￿tIeS in the period to whith they relate. CASH AT BANK AND IN HAND Cash at bank and In hand 7ncludes cash and short term highly liquid investments wlth a short maturfty of three month5 or less from the date of acquisltlon or opening of the deposlt or similar account. DONATIONS AND LEGACIES 2023 2022 Donations Grants 6,811 500 990 11,380 7,311 12,370 Grants received. included in the above, are 3s follows: 2023 2022 Other qrants 500 11,380 Page 16 contlnued...

PENNINE MAGHE NOTES TO THE FINANCIAL STATEMENTS- contlnuèd FOR THE YEAR ENDED 31 DECEMBER 2023 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES Unrestrf¢ted funds Restrfcted nth Total funds INCOME FROAI Donation5 and legacies 990 11,380 12,370 Charltable actlvltle5 SLtpport SeNce5 Out of Hours SuP￿rt Student Events 667,032 269.892 1.518 667.032 269.892 1,518 Other trading activities Investmenl Income 222 4,093 2,000 2,222 4,093 Total 943,747 13,380 957,127 EXPENDITURE ON Raising funds 2,748 2,000 4,748 Charitable actlvltle$ Support Services 748,091 6,059 754,150 Total 750.839 8.059 758.898 INCOAIE 192,908 5,321 198,229 RECONCILIATION OF FUNDS Total funds brought foNard 898.471 500 898,971 TOTAL FUNDS CARRIED FORWARD 1.091.379 5,821 1.097,200 Page 19 continued...

PENNINE KAGPIE NOTES TO THE FINANCIAL ￿ATEMENTs- ¢ontlnued FOR THE YEAR ENDED 31 DECEMBER 2023 13. TANGIBLE FIXED ASSErs Flxlures and flttlngs Short leasehold IAotor vehlcles Computer equlpment Totals cosr At 1 January 2023 Addltions 94,526 126,514 2,277 78,142 36.221 32,685 3,993 331,867 42,491 At 31 December 2023 94,526 128,791 114,363 36.678 374,358 DEPRECIATION At l January 2023 Charge for year 94.526 117,509 2,852 78,142 1,811 27,418 1,519 317,595 6,182 At 31 December 2023 94.526 120,361 79,953 28,937 323,777 BOOK VALUE At 31 December 2023 8,430 34.410 7,741 50,581 At 31 December 2022 9.005 5,267 14,272 14. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2023 2022 Trade debtors Other debtors Accruals Prepayments 180,039 28,738 13.446 19,407 133,395 15,383 7,331 241,630 156,595 15. CASH AT BANK AND IN HAND Royal Mencap So¢lety 1 r*nèral fund 8ulldln8 fund Cash in hand Bank deposit account Notlce deposit account 392 242,021 91,878 4.631 750,000 Total 334,291 750.C 4,631 2023 2022 Royal Mencap Soclety 2 Total fund5 Total fundi Carrled forward Page 20 conttnued...

PENNINE Ik4GPIE NOTES TO THE FINANCIAL ￿ATEMEKfs- ¢ontlnu•d FOR THE YEAR ENDED 31 DECEMBER 2023 CASH AT BANK AND IN HAND - continued 2023 2022 Royal Mencap Soclety 2 Total funds Totsi fund5 Brought forward Cash in hand Bank deposit acc¢)unt Notice deposit account 392 247.373 841.878 797 642,784 309.401 721 Total 721 1.089.643 952.982 16. CREDrroRS: AMoutr¥fs FALLING DUE wrrHIN ONE YEAR 2023 2022 Trade creditor5 Social security and other taxes Other creditors Accrued expenses 10,957 20,773 6,494 12,397 3,727 4,031 22,634 54,364 26,649 17. LEASING AGREEMEPffS Minimum lease payment5 under non.canceilable operatln% leases fall due as follows: 2023 2022 Within one year Between one and flve years 17,023 14,280 4,320 3,480 31,303 7,800 Page 21 contlnued...

PENNINE MAGPIE NOTES TO ThE FINANCIAL STATEMENTS- conttnued FOR THE YEAR ENDED 31 DECEMBER 2023 18. MOVEMENT IN FUNDS Net movèment At 31.12.23 At 1.1.23 in funds Unrestrlcted funds General fund Building fund 341.379 750,(Th)O 230,759 572,138 750,000 1,091,379 230,759 1,322,138 Restrlcted funds Royal Mencap Society 1 Royal kncap Society 2 4,880 941 12491 12201 4,631 721 5,821 1469 5,352 TOTAL FUNDS 1,097,200 230,290 1,327,490 Net movement in funds, induded in the above are as follows.. Incoming Resour¢•s Aknvernent exp•nd•d In funds Unrestrirted fund5 General fund 1,581.422 11,350,663) 230.759 Restrlcted funds Royal Mencap SIKiety 1 Royal Mencèp Society 2 NHP Ward Forum 12491 12201 (5001 12491 12201 500 500 (969) 14691 TOTAL FUNDS 1,581,922 {1,351,6321 230,290 Pagtr 22 conlinued...

PENNINE IAAGPIE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 18. AIOVEMEKf IN FUNDS- continued Comparatives for movement In fund5 Net rnovernent In fund5 At 31.12.22 At 1.1.22 Unr￿triCted funds General fund Building fund 148,471 750.000 192,908 341,379 750.000 898,471 192,908 1,091,379 Restrlcted funds Royal Mencap Sodety 1 Royal Mencap Soclety 2 North Halifax Partnership Ward Fonjm 4.880 941 (5001 4,880 941 500 5,321 5,821 TOTAL FUNDS 898,971 198,229 1.097,200 Comparatlve net movement In fund5, included in the above are as follows: In¢omln8 Re50urce5 Movement In fund5 Unrestricted fund5 General fund 943,747 1750,8391 192,908 Restrlcted funds Royal Mencap Sodety 1 Royal Mencap Society Z North Halifax Partnership Ward Fowm Halifax Rugby Union 4,880 6,500 4,880 941 {5001 15.5591 (SC￿> 12,(KXI) 13,380 18.059 5,321 TOTAL FUNDS 957.127 (758,8981 198,229 Re5tr1cted Fund5 Fwd Name Royal Mencap ktiety 1 Purpose of re5trlctlon Towards mixed ability football Toward5 the'Let'$ 8et digital. programme for organlsational digital needs and for an equipment bursary for members to access new technolo8y and increase thefjr digital skills Towards leveilin8 and refurbishing the earden flcorin$ Royal Mencap Society 2 NHP Ward Forum Deslgnated Fund5 Fund Name Buildlng Fund Purpose of de51gnation Funds set aslde toward the purchase ol a building Pagè 23 contlnued...

PENNINE MAGPIE D￿AlLED STATEMEPU OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Charltable actlvltles Brought forward DBS Checks Equipment purchases Travel expenses Provlsion for bad debts Garden construction Health and safety IT Support, software & website IT support, software & website Staff support costs Fixtures and fittlngs Motor vehicles Computer equipment 1,070,402 379 6,137 7,064 1,465 618,540 1.193 6,979 8,179 6.972 60 9,270 4.534 3,365 3,615 1,902 1,811 1,519 1,825 984 476 1.108,098 648,573 Support costs Management Wages 173,454 61,152 Offlce costs Hire of plant and machlnery Other operating leases Insurnnce Light and heat Telephone Postage and stationery Repairs and maintenance Refreshment & Christmas party IT support, software & website Travel expense5 Equipment purchases Subscriptions and licences Tralning and éevelopment DBS Checks Health and safety General purchases Staff support costs Fixtures and fittings Bank charges 701 2,450 1,147 4,185 5,755 4,806 8,868 3,993 13,604 1,285 1,115 804 909 69 1,684 42 657 950 2,446 616 2.364 896 2,565 4,026 1,902 13,216 3.103 4,622 1,232 701 863 1,568 580 997 55,470 40,695 Legal and professlonal Legal and professional 9,866 1,917 Governance costs Auditors, remuneration Carried forward 4,OC4) 4,OCKI 1.8ry) 1,8 This page does not form part of the statutory f>nancial statements Page 26

PENNINE h14GPIE DEfAJLED STATEMENT OF FINANCIAL AcTIV￿lEs FOR THE YEAR EWDED 31 DECEMBER 20Z3 2023 2022 c￿ernance costs Brought forward Govefflance 1.800 13 744 4,744 1,813 Total resources expended 1,351,632 758,898 Net Income 230.290 198,229 Thi5 page d￿5 not form part of the statutory financial statetr*nts PaEe 27