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2025-12-31-accounts

Registered Company Number 6632086

Charity Number 1152448

PBIC LTD

Report and Unaudited Accounts

for the year to 31 December 2025

PBIC LTD

Report and accounts

Contents

Page
Charity and Company information 3
Trustees' Report 4
Independent Examiner's report 10
Statement of Financial Activities 11
Statement of Financial Activities (Previous year comparison) 12
Balance Sheet 13
Notes to the accounts 15
Schedule to the Statement of Financial Activities 23
Schedule to the Statement of Financial Activities (Previous year comparison) 25

PBIC LTD Reference and Administrative Details

Directors

Nigel Rees Chair Dominika Pawlik Appointed 28th February 2026 Monika Frak Gordon James Moritz Lank Charles Leydon Resigned 21st February 2026 Sandra Turner Resigned 21st February 2026 Gemma Chiarini Resigned 28th February 2026

Secretary

Malgorzata Brady

Independent Examiner

Jasbir Rai ACMA BVSC Accountancy Services Birmingham Voluntary Services Council Latham House 33-34 Paradise Street Birmingham B1 2AJ

Registered office

90 - 92 Bromham Road Bedford MK40 2QH

Registered number

06632086

Registered Charity Number

1152448

Page 3

PBIC LTD The report of the trustees for the year ended 31 December 2025

Introduction

The trustees present their annual report and accounts for the year ended 31st December 2025.

PBIC LTD (PBIC) is a charity established to support the integration of migrants from European countries within Bedfordshire, into the British society.

Our vision is a society in which migrants can appreciate the values and challenges of life in the United Kingdom and in return feel empowered to give their input to create a culture of understanding and success.

Our mission statement: helping migrants settle, achieve and contribute.

Chairman’s statement

This is the first of our new accounting periods which reflects the calendar year, in this instance it covers the period 1st January to 31st December 2025. To move us away from our previous accounting period of 1st July to 30th June, we had chosen an adjustment period covering 6 months’ worth of accounts only, July to the end of Dec 2024 which is reflected in our comparative period data.

As we had predicted in last, 6 months accounts, this subsequent 12-month period has seen a downturn in funding.

On a positive note, we managed to run our services without a loss, so our healthy reserves remain intact. This is thanks mostly to the 5-year grant awarded from the National Lottery Community Fund, that began in March 2025 for which we are extremely grateful. It is precisely this type of long-term funding that provides us with sufficient stability to plan with confidence.

Of course, at this point we were also entering the second of 5 years funding from Access to Justice through our Improving Lives Through Advice project which gives vulnerable adults the access they often need to deal with legal matters.

More often our funding can be for shorter periods. An example of this is, following our success with a small project with Bedfordshire Police and Crime Commissioner, we achieved more comprehensive two-year funding to increase our capacity to help with East and Central European female victims of domestic abuse.

Another grant to mention is The Peoples’ Postcode Lottery which is an unrestricted multiyear award providing not only financial support, but it is also a sign of our work being recognised and needed.

However, we also deliver 12 monthly or even shorter projects and regrettably these have been reduced in value.

Inevitably all the above has been experienced at a time when national and international economies have failed to grow as predicted and the sentiment for funding to support vulnerable migrants has inevitably declined.

Fortunately, through being extremely vigilant with our spending, we believe we have the reserves to help us grow even in this difficult time.

It is rather ironic that despite our funding difficulties, we are, as a charity model, feeling more confident than ever about the value and benefit of our work supporting vulnerable migrants. Our understanding of our role in the lives of so many vulnerable migrants is becoming stronger. In essence we see clients as individuals rather than as the bearers of the cases that they bring to us.

Page 4

PBIC LTD The report of the trustees for the year ended 31 December 2025

We have a holistic approach to clients with the use of client minders to keep track of progress that each person is making. We are also using listening in its many forms to ensure both that we fully understand their issues and also so that they begin their journey of having the time and space to express themselves.

Perhaps as a further sign of our confidence, we appear to have found ourselves at the forefront of developing an ESOL strategy for Bedford Borough and we are also responding positively to enquiries from other agencies who wish to learn from our approach.

At PBIC we are very positive about the impact that we can make in people’s lives and we are confident that we can ride out the downturn in funding provided we remain vigilant in our spending whilst at the same time we are coherent and relevant with our bespoke services.

Embedding deep listening alongside relationality, radical candour and recognising our own vulnerability has a major impact not only ensuring Equality Diversity and Inclusion but also forms the culture of commitment and owning responsibility by our PBIC team.

Without these principles supporting people in crisis, on the verge of destitution or without legal solutions to their situation (e.g. trapped in no recourse to public funds) would be just too heavy a burden for our staff and volunteers. This deep listening-based model creates a sense of togetherness that allows staff to genuinely meet with an affected individual. This translates into better trust, honesty and perseverance in achieving effective solutions by themselves.

Nigel Rees

Chair of Trustees

Name, registered office and constitution of the charity

Full name: PBIC LTD
Date of incorporation: 27th June 2008
Company registration number: 6632086
Charity number: 1152448
Date charity registered: 17th June 2013
Charity registered office: 90 - 92 Bromham Road Bedford MK40 2QH

Public Benefit

The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011, and have referred to and taken due regard to the Charity Commission guidance on public benefit and consider the charity's activities are for the public benefit.

Objectives and Activities of the Charity

Page 5

PBIC LTD The report of the trustees for the year ended 31 December 2025

Summary of main activities of the charity in relation to its objects

Page 6

PBIC LTD The report of the trustees for the year ended 31 December 2025

Future Plans

Nature of the Governing Document and constitution of the charity

The Charity is a charitable company limited by guarantee and was set up on 27 June 2008. It is governed by a Memorandum and Articles of Association.

The methods adopted for the recruitment and appointment of new trustees

The Directors of the Company are also charity Trustees for the purposes of charity law and sit as a Board on a quarterly basis.

In line with our governing document the number of Directors shall be not less than 5 and not exceed a maximum of 9.

Page 7

PBIC LTD The report of the trustees for the year ended 31 December 2025

The Board seeks to use the knowledge and skills of those involved in the local area as well as specialists in the field of learning and advice. On their appointment each trustee will undergo induction and initial training on PBIC’s work, policies and procedures as well as trustee’s rights and responsibilities. Further training and mentoring is undertaken by trustees on a needs basis.

Organisational structure and decision making

The charity is managed by a Board of Directors who are also Trustees. A CEO is appointed by the trustees to administer day-to-day activities.

Risk management

The directors actively review the major risks which the charity faces on a regular basis. These risks are recorded on a Risk Register which, combined with risk assessments, enable the charity to effectively manage and mitigate risk.

Financial Review

Policies on reserves

The Board annually reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations. The reserves that we have set aside provide financial stability and the means for the continuation of our activities. We intend to hold our reserves at a minimum of 6 months expected cashflow.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Transactions and Financial position

The Statement of Financial Activities show net incoming resources for the year to December of £21,250 (six months to December 2024: net incoming resources £196,882). Total funds carried forward show £777,129 (2024: £755,879) of which £112,880 (2024: £112,354) are restricted.

The total and free unrestricted reserves at the year end of 31 December 2025 stand at £664,249 (2024: £643,525). This includes £70,000 of designated funds (2024: £60,000).

Share Capital

The company is limited by guarantee and therefore has no share capital.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:

Page 8

PBIC LTD

The report of the trustees for the year ended 31 December 2025

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the Board of Trustees on 6th June 2026 and signed on its behalf by:

Nigel Rees

Director and Chair of Trustees

Page 9

Independent Examiner's Report to the Trustees of PBIC LTD

Respective responsibilities of charity trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Chartered Institute of Management Accountants.

Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:

  1. examine the accounts under section 145 of the 2011 Charities Act,

  2. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and

  3. state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

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

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 financial statements to be reached.

Signed Dated

Jasbir Rai ACMA

BVSC Accountancy Service Birmingham Voluntary Service Council Latham House, 33-34 Paradise Street Birmingham, B1 2AJ

Page 10

PBIC LTD Statement of Financial Activities Incorporating an Income and Expenditure Account for the year to 31 December 2025

Notes
Income & Endowments
Contracts, Grants & Donations
Interest received
Total income
Expenditure
Expenditure on charitable activities
Total expenditure
Net Income for the year
Transfers between funds
10.
Net income after transfers
Reconciliation of funds:-
Total funds brought forward
Total funds carried forward
Net movement in funds		 Unrestricted
Restricted
Total
Prior Period
Funds
Funds
Funds
Total Funds
Year to
Year to
Year to
6 months to
Dec-25
Dec-25
Dec-25
Dec-24
£
£
£
£
179,505
373,600
553,105
463,033
7,480
-
7,480
-
186,985
373,600
560,585
463,033
165,343
373,992
539,335
266,151
165,343
373,992
539,335
266,151
21,642
(392)
21,250
196,882
(918)
918
-
-
20,724
526
21,250
196,882
20,724
526
21,250
196,882
-
-
-
-
643,525
112,354
755,879
558,997
664,249
112,880
777,129
755,879

Page 11

PBIC LTD Comparative Statement of Financial Activities Incorporating an Income and Expenditure Account for the 6 months to 31st December 2024

Notes
Income & Endowments
Contracts, Grants & Donations
Interest received
Total income
Expenditure
Expenditure on charitable activities
Total expenditure
Net Income for the year
Transfers between funds
10.
Net income after transfers
Reconciliation of funds:-
Total funds brought forward
Total funds carried forward
Net movement in funds		 Unrestricted Restricted
Total
Prior Period
Funds
Funds
Funds
Total Funds
6 months to 6 months to 6 months to
12 months to
Dec-24
Dec-24
Dec-24
Jun-24
£
£
£
£
152,660
310,373
463,033
726,469
-
-
-
-
152,660
310,373
463,033
726,469
66,844
199,307
266,151
535,943
66,844
199,307
266,151
535,943
85,816
111,066
196,882
190,526
(1,288)
1,288
-
-
84,528
112,354
196,882
190,526
84,528
112,354
196,882
190,526
558,997
-
558,997
368,471
643,525
112,354
755,879
558,997

Page 12

PBIC LTD Balance Sheet as at 31 December 2025

Company Number 06632086

Notes
Fixed assets
Tangible assets
6.
Total fixed assets
Current assets
Debtors
7.
Cash at bank and in hand
Total current assets
Creditors:
amounts due within one year
8.
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity :
Unrestricted income funds
Unrestricted accumulated funds
10.
Designated funds
10.
Total unrestricted funds
Restricted Funds
10.
Total charity funds		 Dec-25
£
5,053
29,413
774,802
804,215
(32,139)
772,076
777,129
777,129
594,249
70,000
664,249
112,880
777,129		 Dec-24
£
5,684
106,154
669,013
775,167
(24,972)
750,195
755,879
755,879
583,525
60,000
643,525
112,354
755,879		 Dec-24
£
5,684
106,154
669,013
775,167
(24,972)
750,195
755,879
755,879
583,525
60,000
643,525
112,354
755,879
594,249
70,000		 583,525
60,000
755,879
755,879
643,525
112,354
755,879

The directors are satisfied that the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 10.

The director(s) acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Page 13

PBIC LTD Balance Sheet as at 31 December 2025

Company Number 06632086

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Signed

Nigel Rees

Director and Chair of Trustees Approved by the Board of Trustees on 6th June 2026

Page 14

PBIC LTD Notes to the Accounts for the year to 31 December 2025

1. General Information

PBIC LTD (PBIC) is a charitable company registered and domiciled in England. Its principal activity is to operate as a charity established to support the integration of migrants within Bedfordshire, into the British society. Its registered office is 90 - 92 Bromham Road Bedford MK40 2QH.

2. Accounting policies

Basis of preparation of the accounts

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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

PBIC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are presented in £ Sterling, its functional currency and rounded to the nearest £.

Accounting convention

The financial statements are prepared, on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset

The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid.

Incoming Resources

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.

Deferred income

In accordance with the SORP grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met, and which are outside the control of the charity or where it is uncertain whether the conditions can or will be met, are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are shown as creditors in the accounts.

Recognition of liabilities

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.

Page 15

PBIC LTD Notes to the Accounts for the year to 31 December 2025

  1. Accounting policies (continued)

Grants awarded are included in the statement of financial activities when approved by the trustees and agreed with the recipient. The value of grants unpaid at the year end is accrued. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Fixed assets and depreciation

Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value) over their estimated useful economic lives.

Equipment and office furniture

25% straight line

Pension Costs

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.

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is partially recoverable by the company.

Finance and operating leases

Rentals payable in respect of operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities as incurred.

Funds structure policy

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them.

There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above.

Any other proposed transfer between funds would be considered on the particular circumstances.

Financial Instruments

The charity only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. These are initially recognised at transaction value and subsequently measured at their settlement value.

Page 16

PBIC LTD Notes to the Accounts for the year to 31 December 2025

3. Deficit /Surplus for the Financial Year Dec-25 Dec-24
£ £
This is stated after charging :-
Rentals under operating leases 19,668 9,209
Reporting Accountant fees 3,368 2,208
Fund Audit fees - -
4. Expenses paid to trustees or persons connected with trustees Dec-25 Dec-24
£ £
The aggregate amount of expenses paid to trustees was 207 107
The nature of the expenses paid were Travel & Subsistence reimbursement. There were no other
payments made to trustees during the year to December (six months to December 2024: Nil
trustee).
5. Staff Costs and Emoluments Dec-25 Dec-24
£ £
Gross Salaries 412,188 192,264
Pension Costs 5,061 2,227
417,249 194,491
Numbers of full time employees or full time equivalents Dec-25 Dec-24
Engaged on charitable activities 12 12
There were no employees with emoluments in excess of £60,000 per annum
6. Tangible fixed assets
Equipment
& office
furniture
£
Asset cost, valuation or revalued amount
At 1 January 2025 11,751
Disposals -
Additions 1,629
At 31 December 2025 13,380
Accumulated depreciation and impairment provisions
At 1 January 2025 6,067
Disposals -
Charge for the year 2,260
At 31 December 2025 8,327
Net book value
At 31 December 2025 5,053
At 1 January 2025 5,684

Page 17

PBIC LTD Notes to the Accounts for the year to 31 December 2025

7.
Debtors
Trade debtors
Prepaid expenses
Accrued income
Other debtors
8.
Creditors: amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Accrued expenses
Accrued wages
PAYE and NI
Taxation
Pension Contributions
Deferred income and grants in advance
9.
Operating Leases
The future minimum lease payments for operating leases which expire:
within one to five years
over five years		 Dec-25
£
3,850
8,216
16,263
1,084
29,413
Dec-25
£
-
6,483
4,288
-
8,548
12,820
-
-
32,139
Dec-25
£
68,810
-
68,810		 Dec-24
£
175
4,972
99,923
1,084
106,154
Dec-24
£
-
4,265
4,690
-
6,413
9,604
-
-
24,972
Dec-24
£
21,500
-
21,500

The operating lease relates to rental for premises.

10. Particulars of Individual Funds and analysis of assets and liabilities representing funds

Unrestricted
At 31 December 2025
Funds
£
Fixed Assets
5,053
Current Assets
682,164
Current Liabilities
(22,968)
664,249
At 31 December 2024
Fixed Assets
5,684
Current Assets
662,813
Current Liabilities
(24,972)
643,525		 Restricted
Funds
£
-
122,051
(9,171)
112,880
-
112,354
-
112,354		 Total
Funds
£
5,053
804,215
(32,139)
777,129
5,684
775,167
(24,972)
755,879

Page 18

PBIC LTD Notes to the Accounts for the year to 31 December 2025

  1. Particulars of Individual Funds and analysis of assets and liabilities representing funds (Continued)

The individual funds included above are :-

Funds at
Movement
Dec-24
in Funds
£
£
Art Therapy
(900)
Bedford Creative Arts
1,475
Big Lottery Community Fund YAV
6,704
(6,704)
Big Lottery Community Fund WW25-29
21,158
DV (Police and Crime commissioner)
-
-
E VISA Translation fund
-
(10)
ELIP strand 1
344
ELIP strand 2
-
The Harpur Trust Fund- YAV
-
(8)
Homeless SMART
2,493
18,788
ILTA (Access To Justice)
95,748
(29,545)
PBIC ESOL
7,409
(4,990)
Unrestricted Designated Fund
60,000
-
Unrestricted Fund
583,525
21,642
755,879
21,250
Analysis of movements in funds as shown in the table above
Incoming
Outgoing
Resources
Resources
£
£
Art Therapy
5400
-6300
Bedford Creative Arts
2457
-1701
Big Lottery Community Fund YAV
-
(6,704)
Big Lottery Community Fund WW25-29
107,617
(86,459)
DV (Police and Crime commissioner)
31,529
(41,568)
E VISA Translation fund
18,475
(18,485)
ELIP strand 1
1,666
(1,322)
ELIP strand 2
5,000
(5,988)
The Harpur Trust Fund- YAV
6,921
(6,929)
Homeless SMART
79,542
(60,754)
ILTA (Access To Justice)
100,000
(129,545)
PBIC ESOL
3,247
(8,237)
Unrestricted Fund
184841
(165,343)
546,695
(539,335)		 Transfer
of Funds
£
900
-
-
-
-
10
-
-
8
-
-
-
10,000
(10,918)
(900)
Accrued
Income
£
719
10,039
988
2144
13,890		 Funds at
Dec-25
£
-
1,475
-
21,158
-
-
344
-
-
21,281
66,203
2,419
70,000
594,249
777,129
Movement
in funds
£
(900)
1,475
(6,704)
21,158
-
(10)
344
-
(8)
18,788
(29,545)
(4,990)
21,642
21,250

Page 19

PBIC LTD Notes to the Accounts for the year to 31 December 2025

  1. Particulars of Individual Funds and analysis of assets and liabilities representing funds (Continued)
Comparative Year
Funds at
Movement
Jun-24
in Funds
£
£
YAV Big Lottery Community Fund
-
6,704
DV (Police and Crime commissioner)
-
-
E VISA Translation fund
-
-
The Harpur Trust Fund- YAV
-
-
Healing Hearts with Art
-
(1,288)
Homeless SMART
-
2,493
ILTA (Access To Justice)
-
95,748
PBIC ESOL
-
7,409
Unrestricted Designated Fund
50,000
-
Unrestricted Fund
508,997
85,816
558,997
196,882
Analysis of movements in funds as shown in the table above
Incoming
Outgoing
Resources
Resources
£
£
YAV Big Lottery Community Fund
50,771
(44,067)
DV (Police and Crime commissioner)
-
(3,454)
E VISA Translation fund
3,320
(11,525)
The Harpur Trust Fund- YAV
8,226
(41,105)
Healing Hearts with Art
-
(19,830)
Homeless SMART
25,936
(23,443)
ILTA (Access To Justice)
150,000
(54,252)
PBIC ESOL
9,041
(1,632)
Unrestricted Designated Fund
Unrestricted Fund
115,817
(66,844)
363,111
(266,152)		 Transfer
of Funds
£
-
-
-
-
1,288
-
-
-
10,000
(11,288)
-
Accrued
Income
£
-
3,454
8,205
32,879
18,542
-
-
-
36843
99,923		 Funds at
Dec-24
£
6,704
-
-
-
-
2,493
95,748
7,409
60,000
583,525
755,879
Movement
in funds
£
6,704
-
-
-
(1,288)
2,493
95,748
7,409
85,816
196,882

Description of funds

Art Therapy

Funded by Bedford Borough Council this is a small grant to pay for art sessions aimed at vulnerable migrants and their families coping with stress and trauma providing space and various craft activities to offer experience of becoming a creator.

Page 20

PBIC LTD Notes to the Accounts for the year to 31 December 2025

Bedford Creative Arts

A theatre initiative known as Held , where PBIC was to lead on establishing a theatre group for migrants and refugees. PBIC, staff, volunteers and beneficiaries involved and as a result formed a PBIC Listening Theatre group where participants can express themselves and find tools to become a creator in the mode of physical theatre.

Big Lottery Community Fund

This 5 year grant in respect of our YAV project supported vulnerable migrants with advice, learning and a listening service drew to a close in March 2025.

Big Lottery Community Fund Warm Welcome W25-29

A 5 year project aiming to offer a safe space to vulnerable migrants with focus on advice, listening sessions, volunteering and entry to English Learning.

DV funded by Bedfordshire Police and Crime Commissioner’s Office (grant)

Comprehensive range of support for Eastern European Female Victims of domestic Abuse including: welfare and benefits advice, health and wellbeing support, immigration and legal guidance, housing advice, and practical support. A significant component of our support involved interpreting and translation. Our two dedicated project workers speak Polish, Romanian, and English, helping enable effective communication/listening and ensuring that language barriers do not hinder the women’s access to essential services.

E Visa –eVisa Transition Fund funded by Home Office (grant)

Support to vulnerable migrants related to the eVisa transition including direct assistance with submitting eVisa applications, advice on updating personal details, managing login information, navigating the UKVI system and accessing digital support. Advisers also frequently supported clients with contacting the Resolution Centre and provided language support throughout. We have cases where expired or missing ID documents caused difficulties & where possible, we have supported clients in obtaining these documents.

ELIP Strand 1 and Strand 2:

Strand 1 delivering ESOL with Art classes to 98 participants combining teaching English with therapeutic aspects of becoming a creator through art engagement.

Strand 2 getting local ESOL providers together and preparing a draft ESOL strategy for Bedford Borough.

The Harpur Trust Fund -YAV

This grant match funded our YAV scheme for its final 2 years.

Healing Hearts with Art

Bedford Borough Council provided a grant to deliver an event offering mental health support to Ukrainian Guests. This event was delivered on the 30th March 2024 and was based around art therapy.

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PBIC LTD Notes to the Accounts for the year to 31 December 2025

Homeless SMART

PBIC is subcontracted to SMART to deliver homeless support to migrants in Bedford Borough. The grant pays for one full time outreach worker and one part time homeless caseworker.

ILTA –Improving Lives Through Advice funded by Access to Justice Foundation, (grant)

It is a project aiming at enabling vulnerable individuals to access legal advice. We enable this access internally to our specialist, low level legal advice especially in immigration, welfare, housing and health and through referrals to more specialist advice or law centres including GYROS, CAB, Law Protect etc. Thanks to this project PBIC is hoping to develop our database, active listening element of our service and become more confident in improving our delivery, collecting better data, understanding its aspiration and contribution to service design and development and becoming a beacon for delivery of good practice for charities engaging with vulnerable migrants and other vulnerable groups

PBIC ESOL (funded by donations)

English for Speakers of Other Languages classes have always formed part of PBIC delivery. Recently funding for these is limited so we created a separate pot for raising donations for this delivery. During the Running Festival in September last year, we raised over £3,000 for this purpose. As a result, as well as ‘Step into English’ classes funded through Big Lottery Fund as part of YAV and subsequently Warm Welcome, we were able to put on additional 8 classes

Designated Fund

This unrestricted fund is set aside for the charity to meet its employment liabilities in the next financial year.

General Funds

The General Fund is generated by unrestricted donations and income from contract work with our beneficiaries. Currently our contracts are with Bedford Borough Council and Futures. The Bedford Borough Council contract is for the Ukrainian Guest Scheme, now in its fifth year, which supports vulnerable Ukrainians settling in Bedford along with their British host. The Futures contract allows PBIC to deliver careers and skills advice under a national Careers Service project.

11. Share Capital

The charity is incorporated under the Companies Acts and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

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PBIC LTD Schedule of the Statement of Financial Activities for the year to 31 December 2025

Detailed Statement of Financial Activities

Detailed Statement of Financial Activities
**Unrestricted ** Restricted Total Prior Period
Funds Funds Funds Total Funds
Dec-25 Dec-25 Dec-25 Dec-24
£ £ £ £
Incoming Resources from generated funds
Voluntary Income
Government and public bodies
Incoming resources of a revenue nature
Bedford Borough Council 133,968 5,400 139,368 115,530
Bedford Borough Council Homeless Support - - - 18,542
Bedford College - - - -
Futures Advice 41,794 41,794 37,078
Home Office - 18,475 18,475 11,525
Local Government East - 7,654 7,654 -
Police and Crime Commissioner Bedford - 41,568 41,568 3,453
- - - -
Total 175,762 73,097 248,859 186,128
Non government and non public bodies
Incoming resources of a revenue nature - grants, donations and legacies
Bedford Creative Arts - 3,176 3,176 -
Access to Justice - - - 150,000
Big Lottery Community Fund Grant - 107,617 107,617 50,771
The Harpur Trust - 6,921 6,921 41,105
SMART - 79,542 79,542 25,936
Donations 2,310 3,247 5,557 4,093
Other Funded Projects 1,000 100,000 101,000 -
Other Income 433 - 433 5,000
Total 3,743 300,503 304,246 276,905
Total Grants, Legacies & Donations Received 179,505 373,600 553,105 463,033
Interest received 7,480 - 7,480 -
Total Voluntary Income and Interest 186,985 373,600 560,585 463,033
Support costs of charitable activities
Direct support costs
Gross wages and salaries - charitable activities 98,781 318,468 417,249 194,491
Volunteers' Costs 139 257 396 -
Expenses Beneficiaries - - - -
98,920 318,725 417,645 194,491
Indirect employee costs
Temporary staff and recruitment
Training and welfare 3,235 4,012 7,247 3,749
Restructuring costs - -
Travel, subsistence and healthcare 3,199 3,035 6,234 2,514
6,434 7,047 13,481 6,263

Page 23

PBIC LTD Schedule of the Statement of Financial Activities for the year to 31 December 2025

Status of this schedule to the Statement of Financial Activities continued

**Unrestricted ** Restricted Total Prior Period
Funds Funds Funds Total Funds
Dec-25 Dec-25 Dec-25 Dec-24
£ £ £ £
Premises Costs
Rent payable 1,514 18,154 19,668 9,209
Rates 1,133 1,133 142
Insurance 1,886 2,481 4,367 1,915
Office refurbishment / Room hire/maintenance 648 2,221 2,869 475
5,181 22,856 28,037 11,741
General administrative expenses:
Telephone and fax 6,589 536 7,125 2,291
Software and IT Costs 7,277 1,316 8,593 1,497
General Office Running Costs 8,388 423 8,811 4,754
Social Events for beneficiaries 4,823 9,927 14,750 21,743
Advertising and PR 2,976 577 3,553 1,741
Bank charges and interest 254 120 374 89
Stationery, Printing and postage 4,665 6 4,671 1,567
Subscriptions 2,465 775 3,240 1,468
Sundry expenses 1,552 1,562 3,114 1,355
38,989 15,242 54,231 36,505
Professional fees in support of charitable activities
Consultancy fees - 2,700
Professional Fees - Tutors and administration 828 828 -
Professional Fees - Other 5,354 6,184 11,538 4,448
5,354 7,012 12,366 7,148
Other support costs
Depreciation of assets used for charitable purpos 2,260 2,260 926
Expensed and hired equipment 3,717 385 4,102 1,229
Beneficiaries expenses 17 201 218 4,327
Fundraising 587 60 647 -
Training workshops and teaching materials 945 1,794 2,739 842
Tutors - - - -
7,526 2,440 9,966 7,324
Governance costs
Trustees' expenses 106 101 207 107
Reporting Accountant's Fees 2,833 535 3,368 2,208
Other Accounting Services - - - 330
General Governance Costs - 34 34 34
Fund Audit Fees - - - -
Total governance costs 2,939 670 3,609 2,679
Total Support costs 165,343 373,992 539,335 266,151
Total Expended on Charitable Activities 165,343 373,992 539,335 266,151

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PBIC LTD Schedule to the Statement of Financial Activities Comparative for the 6 Months to 31 December 2024

**Unrestricted ** Restricted Total Prior Period
Funds Funds Funds Total Funds
Dec-24 Dec-24 Dec-24 Jun-24
£ £ £ £
Incoming Resources from generated funds
Voluntary Income
Government and public bodies
Incoming resources of a revenue nature
Bedford Borough Council 110,530 5,000 115,530 140,256
Bedford Borough Council Homeless Support - 18,542 18,542 -
Bedford College - - - 500
Futures Advice 37,078 - 37,078 106,824
Home Office - 11,525 11,525 9,674
Police and Crime Commissioner Bedford - 3,453 3,453 -
University of Northampton - - - 224,193
Total 147,608 38,520 186,128 481,447
Non government and non public bodies
Incoming resources of a revenue nature - grants, donations and legacies
Bedford and Luton Community Foundation - - - 2,278
Access to Justice - 150,000 150,000 -
Big Lottery Community Fund Grant - 50,771 50,771 127,015
The Harpur Trust - 41,105 41,105 42,962
Wixamtree Trust - - - 5,000
Donations 52 4,041 4,093 177
Other Funded Projects - 25,936 25,936 65,656
Other Income 5,000 - 5,000 1,934
Total 5,052 271,853 276,905 245,022
Total Grants, Legacies & Donations Received 152,660 310,373 463,033 726,469
Total Voluntary Income 152,660 310,373 463,033 726,469
Support costs of charitable activities
Direct support costs
Gross wages and salaries - charitable activities 42,434 152,057 194,491 441,306
Volunteers' Costs - - - 452
Expenses Beneficiaries - - - -
42,434 152,057 194,491 441,758
Indirect employee costs
Temporary staff and recruitment - - - -
Training and welfare 270 3,479 3,749 3,520
Restructuring costs - - - -
Travel and subsistence 515 1,999 2,514 2,695
785 5,478 6,263 6,215

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PBIC LTD Schedule to the Statement of Financial Activities Comparative for the 6 Months to 31 December 2024

Status of this schedule to the Statement of Financial Activities continued

**Unrestricted ** Restricted Total Prior Period
Funds Funds Funds Total Funds
Dec-24 Dec-24 Dec-24 Jun-24
£ £ £ £
Premises Costs
Rent payable - 9,209 9,209 20,286
Rates 142 - 142 -
Insurance - 1,915 1,915 4,531
Room Hire/ Office Refurbishment 475 475 535
142 11,599 11,741 25,352
General administrative expenses:
Telephone and fax 2,216 75 2,291 5,042
Software and IT Costs 1,462 35 1,497 7,166
General Office Running Costs 4,684 70 4,754 10,334
Social Events 2,284 19,459 21,743 5,967
Advertising and PR 1,446 295 1,741 2,531
Bank charges and interest 19 70 89 298
Stationery, Printing and postage 1,514 53 1,567 5,386
Subscriptions 1,073 395 1,468 2,950
Sundry expenses 734 621 1,355 978
15,432 21,073 36,505 40,652
Professional fees in support of charitable activities
Consultancy fees - 2,700 2,700 2,050
Professional Fees - Administration - - - 210
Professional Fees - Other 1,109 3,339 4,448 12,423
1,109 6,039 7,148 14,683
Other support costs
Depreciation of assets used for charitable purposes 926 - 926 799
Expensed Equipment 614 615 1,229 92
Beneficiaries expenses 4,254 73 4,327 2,125
Fundraising - - - -
Training workshops and teaching materials 206 636 842 1,184
Tutors - - - -
6,000 1,324 7,324 4,200
Governance costs
Trustees' expenses - 107 107 120
Reporting Accountant's Fees 908 1,300 2,208 2,125
Other Accounting Services - 330 330 825
General Governance Costs 34 - 34 13
Fund Audit Fees - - - -
Total governance costs 942 1,737 2,679 3,083
Total Support costs 66,844 199,307 266,151 535,943
Total Expended on Charitable Activities 66,844 199,307 266,151 535,943

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