**REGISTERED CHARITY NUMBER: 1158364**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
## **FOR**
## **THE PELHAM CIO**
Gibbons Mannington & Phipps LLP Chartered Accountants
20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE
**THE PELHAM CIO**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
||**Page**|**Page**|**Page**|
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|16|
|**Detailed Statement of Financial Activities**|17|to|18|
**THE PELHAM CIO**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The Objects of the charity are in accordance with Christian principles and for the public benefit, to further or benefit the residents of Sidley (Bexhill), East Sussex and such other parts of the United Kingdom as may be decided by the charity trustees, without distinction of sex, sexual orientation, race or of political, religious, or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
In furtherance of the Objects (but not limited to) the trustees shall have the power to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the Objects.
Nothing in this constitution shall authorise an application of the property of the CIO for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 or section 2 of the Charities Act (Northern Ireland) 2008.
## **Public benefit**
The charity trustees can confirm that they have fulfilled their duty to conduct and guide the charity to benefit the public using their powers, in accordance with the Objects and Charitable Aims outlined in the Constitution.
Page 1
**THE PELHAM CIO**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The Pelham has overcome a challenging year but has been delivering impact and experiencing significant growth in response to the needs arising from Covid-19, and the subsequent lockdowns. The majority of our outreach activities and services were relaunched in April 2021, having been closed since Winter 2020.
The Pelham has maintained contact and dialogue with our community partners, navigating through various lockdowns and restrictions. The Pelham continues to directly deliver and launch new initiatives, with around half of the community activities flowing out of The Pelham being run by us directly. Here is a summary of our impact below:
## **A. Covid-19 response**
As part of the Government's Covid Winter Grant Scheme, the charity designed and launched "Heat & Eat Bexhill" from January to April 2021. A grant of £65,000 was received from East Sussex County Council to help provide food and heating vouchers to families with children in Bexhill, who were struggling. The most common reason for support was that outgoings had increased, and income had decreased, linked to home schooling, and reduced employment & hours. 1,342 applications were processed, supporting 614 unique households. This in turn fed 4,743 people, including 2,278 children. One of the most innovative factors was that we used 6 local independent shops to provide vouchers that we paid for. This put the money straight back into the local economy, whilst empowering recipients to choose and buy their own food with vouchers in the shops. All of this was successfully managed without distributing any food from The Pelham and subsequently, another charity took on our model to keep running the initiative over the summer months.
## **B. Reopening the Coffee Lounge and Community Hub**
a. At every milestone of change, The Pelham opened phases as a community hub and Coffee Lounge at the earliest opportunity. The need for connection to combat isolation and to positively impact the community's mental and physical wellbeing was prioritised. The Pelham supported many groups as the lockdowns were lifting, to navigate the restrictions by staying up to date with the latest regulations and providing template risk assessments, whilst ensuring The Pelham was 'Covid-secure'.
b. Volunteering- As confidence has grown, many previous volunteers returned, with recruited new ones too. Despite our staff team growing, volunteers remain a crucial part of day-to-day life. 16 active volunteers help to run the Coffee Lounge each week. Over half of the Coffee Lounge team (9 people) are adults with a physical or learning disability and their growth in confidence and competence is a key focus and delight.
c. The active partnership with Rother District Council improved significantly over the last year, and as a result, a new 'Virtual Hub Network' was created. This provides direct access to their support services to help triage customers and residents to signpost them to the best support. This includes training our staff and frontline volunteers too, as well as key partners like Christians Against Poverty, Job Centre Plus, HARC and Greener Futures.
## **C. RunningSpace- Promoting life, Beating Suicide**
Over the last year RunningSpace has expanded upon the 3 sessions at The Pelham, to launch and replicate sessions in Sittingbourne and Sheerness (East Kent), Hastings and Eastbourne. There are now over 125 different runners across all the different groups, led by 12 volunteer running coaches. A Project Assistant was recruited in the autumn to assist the project director and Founder, Jacky. This project was also accepted onto a business incubation program with the Cinnamon Network for 2 years, starting in January 2022. It is a funded programme to help RunningSpace be replicated and multiplied over many places and spaces. The delivery of safeTALK, a suicide prevention training continued on a regular basis.
## **D. Youth Work (P84 Youth)**
The weekly after-school club restarted in September 2021 and has attracted an average attendance of 25+, with over 40 different young people coming, alongside our team of 4 volunteers. This is all part of the development for the basement, which will be the next capital project and a designated & exclusive space for young people. The Pelham continues working as part of a newly formed Community Pastoral group within the local secondary school on a Monday lunchtime, alongside churches and other youth support agencies.
Page 2
**THE PELHAM CIO**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **E. The Pelham Building Enterprise**
The Pelham Building Enterprise is a construction, building and maintenance enterprise providing intermediate employment, apprenticeship, and placement opportunities for local young people (16-24 years old), who are at risk of long-term unemployment. The first 6-month long program for the first 6 trainees, recruited via the Government's Kickstart scheme, finished in March 2022 and was a huge success. This forms a wider piece of work with two national housing developers (Bovis Homes & Barratt Homes), for whom The Pelham acts as their agent overseeing the delivery of their social value.
## **F. Counselling Service**
The Counselling service was launched in September and has three counsellors and 12 clients so far. It was a response to the mental health crisis in our community and as a complementary opportunity to our existing activities (Suicide prevention, youth work, self-help craft group).
## **G. Additional Kickstarters roles**
As well as the Building Enterprise Kickstart roles, The Pelham recently recruited an Assistant Housekeeper and a Social Media Administrator as part of the scheme.
## **H. Other weekly community projects**
These include our 'Pelham Growz' (previously Green Gym), which sees 8-12 adults with learning disabilities engage in our gardening project, as well as our 'Crafting Connections' self-help craft group. The Table Tennis group is thriving with 15+ people each session too. There is a real connection in the role of The Pelham as a health and wellbeing hub to complement the formal services available at the GP practices and all the care navigators. The partnership work continues with our local health services in Bexhill, including hosting the new Primary Care Network (local NHS) for one day a week. The Pelham is also the temporary home to the Bexhill Town Council Clerk, whilst they await new premises, following their recent formation. Further, the Community Hub hosts regular sessions for many local organisations including the Stroke Association, Respiratory support group, Breast cancer support, Care for the Carers and Alcoholics Anonymous.
Our website (www.thepelham.co.uk) has recently been updated to reflect current life at The Pelham
## **FINANCIAL REVIEW**
The trustees are strategically building reserves to an adequate level, in order to sustain the financial health of the charity. Future expenditure will be focused around the core objectives of The Pelham and projects will be prioritised based on the resources and funding available.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is governed in accordance with its Constitution, dated 15th June 2016, and in the legal and charity regulations as a registered charity and a Charitable Incorporated Organisation (CIO). The charity currently has 5 trustees as well as recognised officers, who fulfil the roles of Treasurer and CEO. Over this financial year, there were 7 trustees' meetings.
## **Recruitment and appointment of new trustees**
The power of appointing new or additional Trustees is vested in the Trustees. Prior to appointment, new trustees would be introduced to the workings of the charity, given a role description and advised of their responsibilities.
## **Organisational structure**
During the course of the financial year, the charity employed 24 staff members. Ten of the staff were working on the general infrastructure and project delivery of the charity, made up of the full-time CEO and nine part-time employees. In addition, we contracted in 3 sessional project workers and 2 sessional counsellors. As a team this covered the Community Hub, Coffee Lounge, Pelham Growz, Crafting Connections, P84 Youth, RunningSpace, Building Enterprise, Counselling Service.
Fourteen of the staff were employed on Kickstart Scheme, a Covid recovery project helping young people aged 18-24 years old on Universal Credit into a 6-month job, for 25 hours a week funded by Department of Work & Pensions.
Page 3
## **THE PELHAM CIO**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1158364
## **Principal address**
The Pelham Holliers Hill Bexhill-on-Sea East Sussex TN40 2DD
## **Trustees**
Mr Colin Povey (resigned 18/11/2021) Mr Robert Harper Mrs Anna Cole (resigned 15/10/2022) Mr Andrew Garlick Mrs Molly Reuter (appointed 21/7/2021) (resigned 19/7/2022) Ms Jane Dicker (appointed 19/5/2022) Mr Jerry Hocking (appointed 17/11/2022)
Treasurer - Mrs Lori Young CEO - Mr Oliver Jeffs
Neither the treasurer nor the CEO are an officer of the charity.
## **Independent Examiner**
Mr Richard Appleyard FCA Chartered Accountant Gibbons Mannington & Phipps LLP Chartered Accountants 20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE
## **Bankers**
HSBC, 2 Devonshire Road, Bexhill-on-Sea, East Sussex, TN40 1AT
Approved by order of the board of trustees on 6th January 2023 and signed on its behalf by:
Mr Robert Harper - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PELHAM CIO**
## **Independent examiner's report to the trustees of The Pelham CIO**
I report to the charity trustees on my examination of the accounts of The Pelham CIO (the Trust) for the year ended 31st March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Chartered Accountant which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Richard Appleyard FCA Chartered Accountant Gibbons Mannington & Phipps LLP Chartered Accountants 20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE
9th January 2023
Page 5
## **THE PELHAM CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**15,190**
**Charitable activities**
Charitable activities
**37,579**
Projects
**180**
Other trading activities
3
**24,244**
Investment income
4
**11**
**Total**
**77,204**
**EXPENDITURE ON**
Raising funds
5
**17,158**
**Charitable activities**
6
Charitable activities
**52,809**
Projects
**274**
**Total**
**70,241**
**NET INCOME**
**6,963**
**Transfers between funds**
15
**240**
**Net movement in funds**
**7,203**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**645,979**
**TOTAL FUNDS CARRIED FORWARD**
**653,182**|Restricted
funds
£
**7,248**
**66,346**
**232,390**
**15,818**
**-**
**321,802**
**15,921**
**53,829**
**194,008**
**263,758**
**58,044**
**(240)**
**57,804**
**94,061**
**151,865**|**2022**
**Total**
**funds**
**£**
**22,438**
**103,925**
**232,570**
**40,062**
**11**
**399,006**
**33,079**
**106,638**
**194,282**
**333,999**
**65,007**
**-**
**65,007**
**740,040**
**805,047**|_2021_
_Total_
_funds_
_£_
_37,114_
_51,982_
_190,950_
_4,791_
_-_|
|---|---|---|---|
||||_284,837_|
||||_3,094_
_94,329_
_125,679_|
||||_223,102_|
||||_61,735_
_-_|
||||_61,735_
_678,305_|
||||_740,040_|
The notes form part of these financial statements
Page 6
## **THE PELHAM CIO**
## **BALANCE SHEET 31ST MARCH 2022**
|Notes
**FIXED ASSETS**
Tangible assets
11
Investments
12
**CURRENT ASSETS**
Debtors
13
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
**599,279**
**10**
**599,289**
**12,859**
**42,276**
**55,135**
**(1,241)**
**53,894**
**653,183**
**653,183**|Restricted
funds
£
**-**
**-**
**-**
**9,897**
**141,967**
**151,864**
**-**
**151,864**
**151,864**
**151,864**|**2022**
**Total**
**funds**
**£**
**599,279**
**10**
**599,289**
**22,756**
**184,243**
**206,999**
**(1,241)**
**205,758**
**805,047**
**805,047**
**653,183**
**151,864**
**805,047**|_2021_
_Total_
_funds_
_£_
_599,512_
_-_
_599,512_
_13,349_
_129,009_
_142,358_
_(1,830)_
_140,528_
_740,040_
_740,040_
645,979
94,061
740,040|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 6th January 2023 and were signed on its behalf by:
Mr Robert Harper - Trustee
The notes form part of these financial statements
Page 7
**THE PELHAM CIO**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
**THE PELHAM CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
|**2.**
**DONATIONS AND LEGACIES**
Donations
Gift aid
**3.**
**OTHER TRADING ACTIVITIES**
Coffee lounge
Kickstarter
Building enterprises
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**RAISING FUNDS**
**Other trading activities**
Purchases
Kickstarter costs
Fundraising costs
PBE costs
**6.**
**CHARITABLE ACTIVITIES COSTS**
Charitable activities
Projects|Direct
Costs
£
**105,648**
**194,282**
**299,930**||**2022**
**£**
**19,877**
**2,561**
**22,438**
**2022**
**£**
**18,790**
**5,454**
**15,818**
**40,062**
**2022**
**£**
**11**
**2022**
**£**
**12,176**
**4,121**
**861**
**15,921**
**33,079**
Support
costs (see
note 7)
£
**990**
**-**
**990**|_2021_
_£_
_32,513_
_4,601_
_37,114_
_2021_
_£_
_3,487_
_-_
_1,304_
_4,791_
_2021_
_£_
_-_
_2021_
_£_
_2,679_
_-_
_415_
_-_
_3,094_
Totals
£
**106,638**
**194,282**|_2021_
_£_
_32,513_
_4,601_|_2021_
_£_
_32,513_
_4,601_|
|---|---|---|---|---|---|---|
||||||_37,114_||
|||||||_2021_
_£_
_3,487_
_-_
_1,304_|
|||||||_4,791_|
|||||||_2021_
_£_
_-_|
|||||||_2021_
_£_
_2,679_
_-_
_415_
_-_|
|||||||_3,094_|
|||||**300,920**|||
continued...
Page 9
**THE PELHAM CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**|||
|---|---|---|
|||Governance|
|||costs|
|||£|
|Charitable activities||**990**|
|Support costs, included in the above, are as follows:|||
|**Governance costs**|||
||**2022**|_2021_|
||Charitable|Total|
||activities|activities|
||**£**|_£_|
|Accountancy and examination fees|**990**|**_960_**|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **9. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|**2022**
**£**
**170,517**
**5,542**
**3,217**
**179,276**|_2021_
_£_
_104,467_
_2,236_
_2,231_|
|---|---|---|
|||_108,934_|
The average monthly number of employees during the year was as follows:
|Average number of employees
No employees received emoluments in excess of £60,000.|**2022**
**12**|_2021_
_7_|
|---|---|---|
||||
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
29,801
**Charitable activities**
Charitable activities
37,236
Projects
54,830
Other trading activities
3,487
**Total**
125,354|Restricted
funds
£
7,313
14,746
136,120
1,304
159,483|Total
funds
£
37,114
51,982
190,950
4,791|
|---|---|---|
|||284,837|
continued...
Page 10
## **THE PELHAM CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
|**10.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||£|£|£|
||**EXPENDITURE ON**||||
||Raising funds|3,094|-|3,094|
||**Charitable activities**||||
||Charitable activities|29,796|64,533|94,329|
||Projects|63,448|62,231|125,679|
||**Total**|96,338|126,764|223,102|
||**NET INCOME**|29,016|32,719|61,735|
||**Transfers between funds**|(6,541)|6,541|-|
||**Net movement in funds**|22,475|39,260|61,735|
||**RECONCILIATION OF FUNDS**||||
||Total funds brought forward|623,503|54,802|678,305|
||**TOTAL FUNDS CARRIED FORWARD**|645,978|94,062|740,040|
|**11.**|**TANGIBLE FIXED ASSETS**||||
||||Fixtures||
|||Freehold|and||
|||property|fittings|Totals|
|||£|£|£|
||**COST**||||
||At 1st April 2021|**594,784**|**8,007**|**602,791**|
||Additions|**240**|**-**|**240**|
||At 31st March 2022|**595,024**|**8,007**|**603,031**|
||**DEPRECIATION**||||
||At 1st April 2021|**-**|**3,279**|**3,279**|
||Charge for year|**-**|**473**|**473**|
||At 31st March 2022|**-**|**3,752**|**3,752**|
||**NET BOOK VALUE**||||
||At 31st March 2022|**595,024**|**4,255**|**599,279**|
||At 31st March 2021|_594,784_|_4,728_|_599,512_|
continued...
Page 11
**THE PELHAM CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **12. FIXED ASSET INVESTMENTS**
|**FIXED ASSET INVESTMENTS**||
|---|---|
||Shares in|
||group|
||undertaking|
||£|
|**MARKET VALUE**||
|Additions|**10**|
|**NET BOOK VALUE**||
|At 31st March 2022|**10**|
|At 31st March 2021|_-_|
The Pelham CIO owns 100% of the share capital of The Pelham Building Enterprises Limited. The company was incorporated on 20 January 2022 but has not commenced trading yet.
|**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Tax
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors|**2022**
**£**
**19,547**
**1,791**
**1,418**
**22,756**
**2022**
**£**
**1,231**
**-**
**10**
**1,241**|_2021_
_£_
_9,528_
_1,578_
_2,243_|_2021_
_£_
_9,528_
_1,578_
_2,243_|
|---|---|---|---|
|||_13,349_||
||||_2021_
_£_
_281_
_1,549_
_-_|
||||_1,830_|
continued...
Page 12
**THE PELHAM CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **15. MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**|||||
|---|---|---|---|---|
|**Unrestricted funds**
General fund
Designated property fund
Designated sustainability fund
Designated staff fund
**Restricted funds**
Special projects
Staff fund
RunningSpace
Pelham Growz
Basement project
Crafting Connections
Heat&Eat Bexhill
Pelham Counselling Service
Tudor Trust wellbeing
GEM Youth Work
JAG
PBE trading
Workshop
Building Enterprises
**TOTAL FUNDS**|At 1/4/21
£
**19,548**
**599,513**
**26,918**
**-**
**645,979**
**29,563**
**64,498**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**94,061**
**740,040**|Net
movement
in funds
£
**16,427**
**(474)**
**11**
**(9,000)**
**6,964**
**(1,831)**
**(5,983)**
**28,245**
**(942)**
**18,500**
**(1,694)**
**(2,483)**
**12,211**
**(1,913)**
**3,416**
**(22)**
**9,897**
**1,618**
**(976)**
**58,043**
**65,007**|Transfers
between
funds
£
**(15,000)**
**240**
**6,000**
**9,000**
**240**
**(26,360)**
**(6,250)**
**16,298**
**3,262**
**(240)**
**2,682**
**2,483**
**-**
**2,000**
**3,775**
**1,134**
**-**
**-**
**976**
**(240)**
**-**|At
31/3/22
£
**20,975**
**599,279**
**32,929**
**-**|
|||||**653,183**
**1,372**
**52,265**
**44,543**
**2,320**
**18,260**
**988**
**-**
**12,211**
**87**
**7,191**
**1,112**
**9,897**
**1,618**
**-**|
|||||**151,864**|
|||||**805,047**|
continued...
Page 13
**THE PELHAM CIO**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated property fund
Designated sustainability fund
Designated staff fund
**Restricted funds**
Special projects
Staff fund
RunningSpace
Pelham Growz
Rye food bank
Basement project
Crafting Connections
Heat&Eat Bexhill
Pelham Counselling Service
Tudor Trust wellbeing
Family wellbeing fund
GEM Youth Work
JAG
PBE trading
Workshop
Building Enterprises
**TOTAL FUNDS**|Incoming
resources
£
**77,194**
**(1)**
**11**
**-**
**77,204**
**1,263**
**85,346**
**62,281**
**3,261**
**26,583**
**18,500**
**330**
**-**
**20,252**
**-**
**5,986**
**10,000**
**2,000**
**25,818**
**8,004**
**52,178**
**321,802**
**399,006**|Resources
expended
£
**(60,767)**
**(473)**
**-**
**(9,000)**
**(70,240)**
**(3,094)**
**(91,329)**
**(34,036)**
**(4,203)**
**(26,583)**
**-**
**(2,024)**
**(2,483)**
**(8,041)**
**(1,913)**
**(5,986)**
**(6,584)**
**(2,022)**
**(15,921)**
**(6,386)**
**(53,154)**
**(263,759)**
**(333,999)**|Movement
in funds
£
**16,427**
**(474)**
**11**
**(9,000)**
**6,964**
**(1,831)**
**(5,983)**
**28,245**
**(942)**
**-**
**18,500**
**(1,694)**
**(2,483)**
**12,211**
**(1,913)**
**-**
**3,416**
**(22)**
**9,897**
**1,618**
**(976)**
**58,043**
**65,007**|
|---|---|---|---|
## **Comparatives for movement in funds**
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1/4/20|in funds|funds|31/3/21|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|6,362|29,642|(16,456)|19,548|
|Designated property fund|600,038|(525)|-|599,513|
|Designated sustainability fund|17,003|-|9,915|26,918|
|Maintenance fund|100|(100)|-|-|
||623,503|29,017|(6,541)|645,979|
|**Restricted funds**|||||
|Special projects|31,916|4,626|(6,979)|29,563|
|Staff fund|22,886|28,092|13,520|64,498|
||54,802|32,718|6,541|94,061|
|**TOTAL FUNDS**|678,305|61,735|-|740,040|
continued...
Page 14
**THE PELHAM CIO**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **15. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|125,354|(95,712)|29,642|
|Designated property fund|-|(525)|(525)|
|Maintenance fund|-|(100)|(100)|
||125,354|(96,337)|29,017|
|**Restricted funds**||||
|Special projects|47,238|(42,612)|4,626|
|Staff fund|112,245|(84,153)|28,092|
||159,483|(126,765)|32,718|
|**TOTAL FUNDS**|284,837|(223,102)|61,735|
## **Designated funds**
Property Fund: This fund represents the written down value of the charity's fixed assets at the year end.
Sustainability Fund: This fund earmarks funds for the sustainability of the charity.
Staff fund: This fund represents a transfer from the general fund from prior year surpluses towards the salaries paid by the charity.
## **Restricted funds**
Special projects: This fund is for donations received for various projects of low value.
Staff fund: This fund contains grants specifically towards staff costs of the charity.
RunningSpace, Pelham Growz, Crafting Connections, Heat&Eat Bexhill, Pelham Counselling Service, Tudor Trust wellbeing, Family wellbeing fund, GEM Youth Work, JAG, PBE Trading, Workshop and Building Enterprises; these funds represent specific projects carried out by the charity towards which specific grants, donations and other sources of funding are received for each specific project.
Basement project: Funds have been received towards the cost of carrying out improvements to make use of the basement in the charity's property.
## **Transfers between funds**
A transfer was made of £240 from the restricted basement project fund to the property designated fund for fees relating to the basement project which have been capitalised so are no longer part of the restricted fund.
Transfers of £6,000 and £9,000 were made from the general fund from earlier year surpluses to the designated sustainability fund (£6,000) and the designated staff fund (£9,000).
Prior to 2021/22, with the exception of the staff fund, all other restricted funds were grouped together as a "special project fund". At 1 April 2021 transfers were made out of this fund to each individual restricted fund in order to show each fund on the face of the accounts.
continued...
Page 15
**THE PELHAM CIO**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st March 2022.
Page 16