```
REGISTERED CHARITY NUMBER: 1158364
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
```
## **`FOR`**
## **`THE PELHAM CIO`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
```
```
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE
```
```
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
```
## **`THE PELHAM CIO`**
## **`Page`**
**----- Start of picture text -----**
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
**----- End of picture text -----**
```
THE PELHAM CIO
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
```
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31stMarch2021.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102) (effective
1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
TheObjectsofthecharityareinaccordancewithChristianprinciplesandforthepublicbenefit, to
furtherorbenefittheresidentsofSidley(Bexhill),EastSussexandsuchotherpartsofthe United
Kingdomasmaybedecidedbythecharitytrustees,withoutdistinctionofsex,sexualorientation, race
orofpolitical,religiousorotheropinionsbyassociatingtogetherthesaidresidentsandthe local
authorities,voluntaryandotherorganisationsinacommonefforttoadvanceeducationandto provide
facilitiesintheinterestsofsocialwelfareforrecreationandleisuretimeoccupationwiththe objective
of improving the conditions of life for the residents.
```
```
InfurtheranceoftheObjects(butnotlimitedto)thetrusteesshallhavethepowertoestablish or
securetheestablishmentofacommunitycentreandtomaintainormanageorco-operatewith any
statutoryauthorityinthemaintenanceandmanagementofsuchacentreforactivitiespromoted by
the charity in furtherance of the Objects.
```
```
NothinginthisconstitutionshallauthoriseanapplicationofthepropertyoftheCIOforpurposes which
arenotcharitableinaccordancewithsection7oftheCharitiesandTrusteeInvestment(Scotland) Act
2005 or section 2 of the Charities Act (Northern Ireland) 2008.
```
## **`Public benefit`**
```
Thecharitytrusteescanconfirmthattheyhavefulfilledtheirdutytoconductandguidethecharity to
benefitthepublicusingtheirpowers,inaccordancewiththeObjectsandCharitableAimsoutlined in
the Constitution.
```
```
Page 1
```
```
THE PELHAM CIO
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
Duringthisfinancialperiod,ThePelhamwassignificantlyimpactedbytheCovid-19pandemicand the
subsequent lockdowns throughout the financial year.
```
```
FromMarch2020totheendofAugust2020,ThePelham'sdoorswereclosedtothepublic, including
theCoffeeLoungeandCommunityHub.Forthemajorityoftheyear,anumberofthestaff were
furloughedonthejobretentionscheme,withtheCEO,CommunityDevelopmentManager and
Administrator continuing to work and coordinate the charity's activities continuously.
```
```
However,thecharitiesinvolvementwithoutreachdidnotclosedown,andevolvedtomeetthe needs
ofthecommunity.InApril2020,ThePelhamtransformedovernightintoacommunityresponse team,
recruiting25volunteersandtherelevantpoliciesandprocedures,workinginpartnershipwith Rother
DistrictCouncil,EastSussexCountyCouncil,RotherVoluntaryActionandBexhillFoodBank. Between
AprilandtheendofAugust,ThePelham'svolunteerscontributedover1000hourstocomplete over
500shoppingtripsandprescriptionpick-upsformemberofthecommunitywhowereshieldingand in
isolation.Further,ThePelhampartneredwiththeBexhillFoodBanktocoordinateallthedeliveries of
the branch over a 20-week period, totalling over 800 deliveries to 115 unique households.
```
```
Aswellasthetangibletasks,ThePelhamteammadethousandsofphonecallsinorganising and
coordinatingthesupporttoisolatingindividualsandvolunteers.Alongsidethepractical arrangements
ofshoppinglistsandpayments,theintangiblebenefitsweretheconversationalsupport and
relationshipswebuiltwithpeopleoverthephone.Inreality,veryfewphonecallswereshort, often
lasting over 10 minutes and covering all topics, and ensuring people felt safe and listened too.
```
```
InAugust,ThePelhambegantore-engageit'sfaithfulvolunteersintheredecorationofthe Coffee
Lounge,beforere-openinginSeptemberuntiltheendofOctober.Ourdoorswerethenclosed in
November,beforere-openinginDecemberupuntilChristmas.However,ThePelhamasabuilding was
then closed again until May 2021, crossing over the end of the financial year ending 31st March 2021.
```
```
FromJanuary2021,ThePelhamlaunched"Heat&EatBexhill",whichwasaCovidWinter Grant
Schemeproject.ThiswasfundedbyEastSussexCountyCouncilinpartnershipwiththeHeart of
Sidley.£65,000wasspenttoprovidefoodandutilitybillssupportto1342(614unique households)
households,helpingtoresource4743localresidents,including2278childreninBexhill.Thiswas all
deliveredwith6localindependentshops,providingthemwiththetradeandtheopportunityto build
stronger community relationships.
```
```
Duringthisyear,ourRunningSpacesuicidepreventionprojectraninsevendifferent formats,
moulding around Covid guidelines to ensure a flow of exercise and community opportunities.
```
```
OurYouthworkwaslargelyputonhold,withcommunicationmaintainedonlineregularlywith our
young people.
```
```
ThePelhamisincrediblygratefultoitsfunders,includingTudorTrust,EastSussexCounty Council,
SussexCommunityFoundation,ChalkCliffTrust,Optivo,HMGovernmentandtheNational Lottery
CommunityFund,ErnestKleinwortCharitableTrust,HenrySmith,AllChurchesTrust,Hastings &
RotherClinicalCommissioningGroup(CCG),GoodnewsEvangelicalMission(GEM),RotherJoint Action
Group(JAG),RotaryClubofBexhill,HastingsRoundTable,HastingsDirect,SouterCharitable Trust,
Tesco Bags of Help and Groundworks and Active Rother.
```
```
ThePelhamisalsosothankfultoitsfaithfulSupporters,regulardonors,volunteersandstaffthrough a
most turbulent but impactful year.
```
## **`FINANCIAL REVIEW`**
```
Thetrusteesarestrategicallybuildingreservestoanadequatelevel,inordertosustainthe financial
healthofthecharity.FutureexpenditurewillbefocusedaroundthecoreobjectivesofThePelham and
projects will be prioritised based on the resources and funding available.
```
```
Page 2
```
```
THE PELHAM CIO
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.
```
```
ThecharityisgovernedinaccordancewithitsConstitution,dated15thJune2016,andinthe legal
andcharityregulationsasaregisteredcharityandaCharitableIncorporatedOrganisation(CIO). The
charitycurrentlyhas5trusteesaswellasrecognisedofficers,whofulfiltherolesofTreasurer and
CEO.TheCEOisafull-timeemployeeandoverseestheday-to-dayrunningofthecharityand The
PelhamasaCommunityHubandCoffeeLounge,aswellasthestaffteamandvolunteers.Thereare 6
additionalemployees,whooverseetheCommunityHub,CoffeeLounge,RunningSpace (suicide
prevention project) and Youth work. Over this financial year, there were 9 trustees' meetings.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
1158364
```
## **`Principal address`**
```
The Pelham
Holliers Hill
Bexhill-on-Sea
East Sussex
TN40 2DD
```
## **`Trustees`**
```
Mr Christopher Norcock (resigned 31/3/2021)
Mr Colin Povey
Mr Robert Harper (Chair)
Mrs Anna Cole
Mr Andrew Garlick (appointed 4/9/2020)
```
```
Mr Robert Harper became Chair on 31 March 2021.
```
## **`Independent Examiner`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE
```
```
Approved by order of the board of trustees on 31st January 2022 and signed on its behalf by:
```
```
Mr Andrew Garlick - Trustee
```
```
Page 3
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PELHAM CIO`**
## **`Independent examiner's report to the trustees of The Pelham CIO`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofThePelhamCIO(theTrust) for
the year ended 31st March 2021.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccounts in
accordance with the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145ofthe Act
andincarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbythe Charity
Commission under section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofa listed
body.IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIama registered
member of Chartered Accountant which is one of the listed bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexamination to
whichattentionshouldbedrawninthisreportinordertoenableaproperunderstandingof the
accounts to be reached.
```
```
Mr Richard Appleyard FCA
Chartered Accountant
Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE
```
```
31st January 2022
```
```
Page 4
```
## **`THE PELHAM CIO`**
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`Charitable activities`**
`Unrestricted`
`Restricted`
`Other trading activities`
`2`
`Investment income`
`3`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
**`Charitable activities`**
`Unrestricted`
`Restricted`
`Other`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
`10`
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
**`38,614`**
**`85,808`**
**`-`**
**`-`**
**`-`**
**`124,422`**
**`10,346`**
**`84,458`**
**`76`**
**`525`**
**`95,405`**
**`29,017`**
**`(6,541)`**
**`22,476`**
**`623,503`**
**`645,979`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`159,483`**
**`-`**
**`-`**
**`159,483`**
**`95,181`**
**`-`**
**`31,584`**
**`-`**
**`126,765`**
**`32,718`**
**`6,541`**
**`39,259`**
**`54,802`**
**`94,061`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`38,614`**
**`85,808`**
**`159,483`**
**`-`**
**`-`**
**`283,905`**
**`105,527`**
**`84,458`**
**`31,660`**
**`525`**
**`222,170`**
**`61,735`**
**`-`**
**`61,735`**
**`678,305`**
**`740,040`**|`2020`
`Total`
`funds`
`£`
`70,050`
`-`
`170,149`
`1,657`
`3`
`241,859`
`111,658`
`25,585`
`120,775`
`584`
`258,602`
`(16,743)`
`-`
`(16,743)`
`695,048`
`678,305`|
|---|---|---|---|---|
```
The notes form part of these financial statements
```
```
Page 5
```
## **`THE PELHAM CIO`**
## **`BALANCE SHEET 31ST MARCH 2021`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`7`
**`CURRENT ASSETS`**
`Debtors`
`8`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`9`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`10`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
**`599,512`**
**`-`**
**`3,974`**
**`9,375`**
**`44,323`**
**`84,686`**
**`48,297`**
**`94,061`**
**`(1,830)`**
**`-`**
**`46,467`**
**`94,061`**
**`645,979`**
**`94,061`**
**`645,979`**
**`94,061`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`599,512`**
**`13,349`**
**`129,009`**
**`142,358`**
**`(1,830)`**
**`140,528`**
**`740,040`**
**`740,040`**
**`645,979`**
**`94,061`**
**`740,040`**|`2020`
`Total`
`funds`
`£`
`600,037`
`2,481`
`78,949`
`81,430`
`(3,162)`
`78,268`
`678,305`
`678,305`
`623,503`
`54,802`
`678,305`|
|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
31st January 2022 and were signed on its behalf by:
```
```
Mr Andrew Garlick - Trustee
```
```
The notes form part of these financial statements
```
```
Page 6
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102, have
beenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'The Financial
ReportingStandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct 2011.
The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhas entitlement
tothefunds,itisprobablethattheincomewillbereceivedandtheamountcanbe measured
reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomic benefits
willberequiredinsettlementandtheamountoftheobligationcanbemeasured reliably.
Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that
aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributed to
particularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
```
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenoted as
a commitment but not accrued as expenditure.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Fixtures and fittings- 10% on reducing balance
```
```
No depreciation is provided on the cost of the freehold land and buildings.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretion of
the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotesto the
financial statements.
```
```
continued...
```
```
Page 7
```
## **`THE PELHAM CIO`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`FOR THE YEAR ENDED 31ST MARCH 2021`**
## **`2. OTHER TRADING ACTIVITIES`**
|`Fundraising income`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`4.`**
**`RAISING FUNDS`**
**`Investment management costs`**
`Repairs and maintenance`|**`2021`**
**`£`**
**`-`**
**`2021`**
**`£`**
**`-`**
**`2021`**
**`£`**
**`5,915`**|`2020`
`£`
`1,657`|
|---|---|---|
|||`2020`
`£`
`3`|
|||`2020`
`£`
`3,439`|
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stMarch2021 nor
for the year ended 31st March 2020.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31stMarch2021norforthe year
ended 31st March 2020.
```
## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`Charitable activities`**
`Restricted`
`Other trading activities`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
**`Charitable activities`**
`Unrestricted`
`Restricted`
`Other`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**|`Unrestricted`
`funds`
`£`
`66,225`
`-`
`1,657`
`3`
`67,885`
`39,550`
`25,585`
`-`
`584`
`65,719`
`2,166`|`Restricted`
`funds`
`£`
`3,825`
`170,149`
`-`
`-`
`173,974`
`72,108`
`-`
`120,775`
`-`
`192,883`
`(18,909)`|`Total`
`funds`
`£`
`70,050`
`170,149`
`1,657`
`3`
`241,859`
`111,658`
`25,585`
`120,775`
`584`
`258,602`
`(16,743)`|
|---|---|---|---|
```
continued...
```
```
Page 8
```
## **`THE PELHAM CIO`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`FOR THE YEAR ENDED 31ST MARCH 2021`**
|**`6.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`funds`
`£`
**`Transfers between funds`**
`(4,739)`
**`Net movement in funds`**
`(2,573)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`626,076`
**`TOTAL FUNDS CARRIED FORWARD`**
`623,503`
**`7.`**
**`TANGIBLE FIXED ASSETS`**
`Freehold`
`property`
`£`
**`COST`**
`At 1st April 2020 and`
`31st March 2021`
**`594,784`**
**`DEPRECIATION`**
`At 1st April 2020`
**`-`**
`Charge for year`
**`-`**
`At 31st March 2021`
**`-`**
**`NET BOOK VALUE`**
`At 31st March 2021`
**`594,784`**
`At 31st March 2020`
`594,784`
**`8.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`Tax`|**`6.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`funds`
`£`
**`Transfers between funds`**
`(4,739)`
**`Net movement in funds`**
`(2,573)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`626,076`
**`TOTAL FUNDS CARRIED FORWARD`**
`623,503`
**`7.`**
**`TANGIBLE FIXED ASSETS`**
`Freehold`
`property`
`£`
**`COST`**
`At 1st April 2020 and`
`31st March 2021`
**`594,784`**
**`DEPRECIATION`**
`At 1st April 2020`
**`-`**
`Charge for year`
**`-`**
`At 31st March 2021`
**`-`**
**`NET BOOK VALUE`**
`At 31st March 2021`
**`594,784`**
`At 31st March 2020`
`594,784`
**`8.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`Tax`|**`- continued`**
`Restricted`
`Total`
`funds`
`funds`
`£`
`£`
`4,739`
`-`
`(14,170)`
`(16,743)`
`68,972`
`695,048`
`54,802`
`678,305`
`Fixtures`
`and`
`fittings`
`Totals`
`£`
`£`
**`8,007`**
**`602,791`**
**`2,754`**
**`2,754`**
**`525`**
**`525`**
**`3,279`**
**`3,279`**
**`4,728`**
**`599,512`**
`5,253`
`600,037`
**`2021`**
`2020`
**`£`**
`£`
**`9,528`**
`392`
**`1,578`**
`-`
**`2,243`**
`2,089`
**`13,349`**
`2,481`|
|---|---|---|
||||
||||
||||
||||
||||
```
continued...
```
```
Page 9
```
```
THE PELHAM CIO
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021`**
## **`9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Trade creditors`
`Taxation and social security`|**`2021`**
**`£`**
**`281`**
**`1,549`**
**`1,830`**|`2020`
`£`
`156`
`3,006`|
|---|---|---|
|||`3,162`|
|**`10.`**
**`MOVEMENT IN FUNDS`**
`Net`
`movement`
`At 1/4/20`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
**`6,362`**
**`29,642`**
`Property fund`
**`600,038`**
**`(525)`**
`Sustainability fund`
**`17,003`**
**`-`**
`Maintenance fund`
**`100`**
**`(100)`**
**`623,503`**
**`29,017`**
**`Restricted funds`**
`Special projects`
**`31,916`**
**`4,626`**
`Staff fund`
**`22,886`**
**`28,092`**
**`54,802`**
**`32,718`**
**`TOTAL FUNDS`**
**`678,305`**
**`61,735`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`124,422`**
`Property fund`
**`-`**
`Maintenance fund`
**`-`**
**`124,422`**
**`Restricted funds`**
`Special projects`
**`47,237`**
`Staff fund`
**`112,246`**
**`159,483`**
**`TOTAL FUNDS`**
**`283,905`**|`Transfers`
`between`
`funds`
`£`
**`(16,456)`**
**`-`**
**`9,915`**
**`-`**
**`(6,541)`**
**`(6,979)`**
**`13,520`**
**`6,541`**
**`-`**
`Resources`
`expended`
`£`
**`(94,780)`**
**`(525)`**
**`(100)`**
**`(95,405)`**
**`(42,611)`**
**`(84,154)`**
**`(126,765)`**
**`(222,170)`**|`At`
`31/3/21`
`£`
**`19,548`**
**`599,513`**
**`26,918`**
**`-`**
**`645,979`**
**`29,563`**
**`64,498`**
**`94,061`**
**`740,040`**
`Movement`
`in funds`
`£`
**`29,642`**
**`(525)`**
**`(100)`**
**`29,017`**
**`4,626`**
**`28,092`**
**`32,718`**
**`61,735`**|
|---|---|---|
```
continued...
```
```
Page 10
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2021
```
## **`10. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
`Property fund`
`Sustainability fund`
`Maintenance fund`
**`Restricted funds`**
`Special projects`
`Staff fund`
**`TOTAL FUNDS`**|`At 1/4/19`
`£`
`18,389`
`600,622`
`7,025`
`40`
`626,076`
`33,477`
`35,495`
`68,972`
`695,048`|`Net`
`movement`
`in funds`
`£`
`5,392`
`(584)`
`-`
`(2,642)`
`2,166`
`(6,300)`
`(12,609)`
`(18,909)`
`(16,743)`|`Transfers`
`between`
`funds`
`£`
`(17,419)`
`-`
`9,978`
`2,702`
`(4,739)`
`4,739`
`-`
`4,739`
`-`|`At`
`31/3/20`
`£`
`6,362`
`600,038`
`17,003`
`100`|
|---|---|---|---|---|
|||||`623,503`
`31,916`
`22,886`|
|||||`54,802`|
|||||`678,305`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
`Property fund`
`Maintenance fund`
**`Restricted funds`**
`Special projects`
`Staff fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`67,885`
`-`
`-`
`67,885`
`113,478`
`60,496`
`173,974`
`241,859`|`Resources`
`expended`
`£`
`(62,493)`
`(584)`
`(2,642)`
`(65,719)`
`(119,778)`
`(73,105)`
`(192,883)`
`(258,602)`|`Movement`
`in funds`
`£`
`5,392`
`(584)`
`(2,642)`
`2,166`
`(6,300)`
`(12,609)`
`(18,909)`
`(16,743)`|
|---|---|---|---|
## **`11. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31st March 2021.
```
```
Page 11
```