```
REGISTERED CHARITY NUMBER: 1158364
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
```
```
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 2023`**
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`5`|
|**`Independent Examiner's Report`**||`6`||
|**`Statement of Financial Activities`**||`7`||
|**`Balance Sheet`**||`8`||
|**`Notes to the Financial Statements`**|`9`|`to`|`18`|
|**`Detailed Statement of Financial Activities`**|`19`|`to`|`20`|
```
THE PELHAM CIO
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2023
```
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31stMarch2023.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
TheObjectsofthecharityareinaccordancewithChristianprinciplesandforthepublicbenefit,to further
orbenefittheresidentsofSidley(Bexhill),EastSussexandsuchotherpartsoftheUnitedKingdom as
maybedecidedbythecharitytrustees,withoutdistinctionofsex,sexualorientation,raceorof political,
religious,orotheropinionsbyassociatingtogetherthesaidresidentsandthelocalauthorities, voluntary
andotherorganisationsinacommonefforttoadvanceeducationandtoprovidefacilitiesinthe interests
ofsocialwelfareforrecreationandleisuretimeoccupationwiththeobjectiveofimprovingthe conditions
of life for the residents.
```
```
InfurtheranceoftheObjects(butnotlimitedto)thetrusteesshallhavethepowertoestablishor secure
theestablishmentofacommunitycentreandtomaintainormanageorco-operatewithany statutory
authorityinthemaintenanceandmanagementofsuchacentreforactivitiespromotedbythecharity 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,inaccordancewiththeObjectsandCharitableAimsoutlinedin the
Constitution.
```
```
Page 1
```
```
THE PELHAM CIO
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2023
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
ThePelhamcontinuedinitsmissiontoprovidepracticalsupportindiversewaysthroughdirect delivery
andeffectivepartnershipworking.Theyearhasbeenatimeofre-establishingroutines,partnerships and
activities as we adjust and respond to post-lockdown challenges and opportunities.
```
```
Here is a summary of our impact below:
```
## **`A. The Coffee Lounge and Community Hub`**
```
TheCoffeeLoungeremainedacentralmeetingpointinthecommunitywelcomingpeopleintoThe Pelham
allthroughtheyear.Overthewintermonthsitprovidedavitalwarmspace,complementedby the
provisionofgiftedmealstothoseinneedofthem.Thisspaceistheheartbeatofthecharity,overseen by
staff and run by our dedicated and skilled team of 20 volunteers throughout the year.
```
```
Volunteering-Wehaveseenourvolunteersacrosstheorganisationgrowinskillsandconfidence, from
baristastorunningcoaches.MorethenhalfoftheCoffeeLoungeteamareadultswitha physical
disability, learning disability or autism.
```
```
CommunityHub-ThePelhamcontinuestoprovideahubforthelocalorganisationstodeliverand share
theiractivitiesandopportunitiesasaCommunityHub.Over50organisationshostedmeetings,events or
sessionsduringtheyearandcontributetoThePelhambeingaone-stop-shopforpracticalsupportin our
community.WeeklycommunityprojectsrunbyThePelhamwere'PelhamGrowz'(previouslyGreen gym),
whichsees8-12adultswithlearningdisabilitiesengageinourgardeningprojectandour 'Crafting
Connections'self-helpcraftgroup.TheTableTennisgroupisthrivingwith15+peopleeachsession, twice
a week.
```
## **`B. RunningSpace- Championing life, Beating Suicide`**
```
RunningSpacesessionscontinuetorunsuccessfullyinBexhill&Oredirectly,aswellasour satellite
franchiseinSittingbourne.Duringtheyear,wealsoranoneofthesessionsfromthelocalprimary school
playground,andequippedwithbuggies,wereabletoreachparentsandcarersinanewway.Oneof the
highlightsoftheyearwasoursecondannualWorldSuicidePreventionDaytoraiseawarenessfor suicide
preventioninourcommunity.Togetherover62walkersandrunnersjoinedtocomplete76lapsand over
304milesaroundSidley.Thiswasatotalofover684,000stepswithlapsgoingouteveryhourfor 24
hours.WeattendedtheNationalSuicidePreventionAllianceConferenceandourannualretreataspart of
theCinnamonNetworkbusinessincubationprogramme.OurProjectAssistantworkedupuntil February
2023,beforetherolewasstoppedtoduefundingissues.ThedeliveryofsafeTALK,asuicide prevention
trainingcontinuedonaregularbasis.17participantscompletedtheHastingsHalfMarathoninMarch this
yearandtogethermanagedtoraiseover£3000throughCrowdfunding,reachinganimpressive 185
online supporters.
```
## **`C. Youth Work (P84 Youth)`**
```
Theweeklyafter-schoolclubcontinuedtoprovideasafespaceforlocalsecondaryschoolaged students,
averaging30attendeeseachweek.Overthecourseoftheyear,wehadover90differentyoung people
comethroughthedoors.Inthesummertheyouthgroupcompletedasponsoredwalktoraisemoney for
asocialenterprisecoffeecompanysupportingvictimsofmodernslavery.ThePelhamyouthworker and
teamcontinuesworkingaspartofaCommunityPastoralgroupwithinthelocalsecondaryschoolon a
Monday lunchtime, alongside churches and other youth support agencies.
```
## **`D. The Pelham Counselling Service`**
```
TheCounsellingServicestrengthenedandgrewovertheyear,with5sessionalcounsellors working
alongsidetheCounsellingServiceLeadand3counsellorsintraining.Over49clientswerereferred over
theyear,aswellover44childrenandyoungpeople,whowereabletobepartofaprojectproviding six
fundedsessions.WereceivedreferralsfromlocalstatutoryandVCSEpartners,aswellas self-referring
client and individuals form within The Pelham community.
```
## **`E. The Pelham Building Enterprise`**
```
ThePelhamBuildingEnterpriseprovided,throughtheCharity'stradingsubsidiary,paid traineeship
placementsto20youngpeopleduringthis12-monthperiod,resultinginover1000paiddays'work. This
wasworkingasthesocialvaluecontractortwonationalhousingdevelopers(BovisHomes& Barratt
Homes), for whom The Pelham acts as their agent overseeing the delivery of their social value.
```
```
Page 2
```
```
THE PELHAM CIO
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023`**
## **`F. The Pelham Building Enterprises Ltd`**
```
DuetothesuccessfultradingactivitiesofThePelhamBuildingEnterpriseasacommunityproject, a
limitedcompanywasformed.Thecompanyisawhollyownedsubsidiaryofthecharity,sothatall assets
arelockedintobenefitthecommunity.Thecompanyturnoverwas£29,288resultinginan operating
profitof£4,514.50%oftheseprofitswillbedonatedtothecharityinthenextfinancialyear,with the
other 50% being held as retained earnings to invest in the next years' activities.
```
```
Wewouldliketothankourgenerousandsupportivefundersfortheirsupportandresourcesfor The
Pelhamtodeliveranimpactonthelivesoflocalpeopleandthecommunity,withthefollowing grants
received during the 2022/23 financial year:
```
```
- Local
o Ashburnham Thanksgiving Trust
- Regional
o Chalk Cliff Trust
o Ernest Kleinwort Charitable Trust
o NHS Sussex ICB
o Homity Trust
o Jempsons Foundation
o East Sussex Women of the Year Fund
o Rother District Council
o Southern Housing (was Optivo)
o Sussex Community Foundation
o Kent Community Foundation
- National
o Aviva
o Benefact Trust
o Bernard Sunley
o Biffa Award
o LOCASE
```
## **`FINANCIAL REVIEW`**
```
ItistheaimofthetrusteesandCEOtostrategicallybuildreservestoanadequatelevel,inorder to
sustainthefinancialhealthofthecharity.Futureexpenditurewillbefocusedaroundonthe core
objectivesofThePelhamandprojectswillbeprioritisedbasedontheresourcesandfundingavailable, as
well as the needs of the community.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
ThecharityisgovernedinaccordancewithitsConstitution,dated15thJune2016,andinthelegal and
charityregulationsasaregisteredcharityandaCharitableIncorporatedOrganisation(CIO).The charity
currentlyhas4trusteesaswellasarecognisedofficer,whofulfilstherolesCEO.Overthisfinancial year,
there were six trustees' meetings.
```
## **`Recruitment and appointment of new trustees`**
```
ThepowerofappointingneworadditionalTrusteesisvestedintheTrustees.Priortoappointment, new
trusteeswouldbeintroducedtotheworkingsofthecharity,givenaroledescriptionandadvisedof their
responsibilities.
```
```
Page 3
```
```
THE PELHAM CIO
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Organisational structure`**
```
Duringthecourseofthefinancialyear,thecharityemployed35staffmembers.Thirteenofthe staff
wereworkingonthegeneralinfrastructure,operationsandprojectdeliveryofthecharity,madeup of
the full-time CEO and twelve part-time employees.
```
```
AsateamthiscoveredtheCommunityHub,CoffeeLounge,PelhamGrowz,CraftingConnections, P84
Youth, RunningSpace, Building Enterprise, Counselling Service.
```
```
TwentyoftheemployeeswerepaidtraineesaspartofThePelhamBuildingEnterprise,withafurther two
employees through the Government's Kickstart Scheme, working on social media and housekeeping.
```
```
Inadditiontothisnumber,wecontractedin3sessionalprojectworkersworkinginThePelham Building
Enterprise,PelhamGrowzandCraftingConnections.Wealsohad7sessionalcounsellorsworking within
The Pelham Counselling Service.
```
## **`Risk management`**
```
Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandto 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 Robert Harper
Mrs Anna Cole (resigned 15/10/2022)
Mr Andrew Garlick
Mrs Molly Reuter (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 a trustee of the charity.
```
## **`Independent Examiner`**
```
Mr Richard Appleyard FCA
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
```
```
Page 4
```
```
THE PELHAM CIO
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023`**
```
Approved by order of the board of trustees on 30th January 2024 and signed on its behalf by:
```
```
Mr Robert Harper - Trustee
```
```
Page 5
```
```
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 2023.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin 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£250,000yourexaminermustbeamemberofalisted body.
IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstitute of
Chartered Accountants in England and Wales, 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.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Mr Richard Appleyard FCA
```
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE
```
```
30th January 2024
```
```
Page 6
```
```
THE PELHAM CIO
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023`**
|`Unrestricted`
`Restricted`
`funds`
`funds`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`18,671`**
**`2,633`**
**`Charitable activities`**
`Charitable activities`
**`42,879`**
**`132,687`**
`Projects`
**`-`**
**`135,512`**
`Other trading activities`
`3`
**`29,998`**
**`-`**
`Investment income`
`4`
**`253`**
**`-`**
**`Total`**
**`91,801`**
**`270,832`**
**`EXPENDITURE ON`**
`Raising funds`
`5`
**`15,689`**
**`2,224`**
**`Charitable activities`**
`6`
`Charitable activities`
**`76,832`**
**`101,232`**
`Projects`
**`2,196`**
**`273,771`**
**`Total`**
**`94,717`**
**`377,227`**
**`NET INCOME/(EXPENDITURE)`**
**`(2,916)`**
**`(106,395 )`**
**`Transfers between funds`**
`17`
**`(808)`**
**`808`**
**`Net movement in funds`**
**`(3,724)`**
**`(105,587 )`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`653,183`**
**`151,864`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`649,459`**
**`46,277`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
**`21,304`**
**`175,566`**
**`135,512`**
**`29,998`**
**`253`**
**`362,633`**
**`17,913`**
**`178,064`**
**`275,967`**
**`471,944`**
**`(109,311 )`**
**`-`**
**`(109,311 )`**
**`805,047`**
**`695,736`**|_`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`_|
```
The notes form part of these financial statements
```
```
Page 7
```
```
THE PELHAM CIO
```
## **`BALANCE SHEET 31ST MARCH 2023`**
|`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`**
**`CREDITORS`**
`Amounts falling due after more than one`
`year`
`15`
**`NET ASSETS`**
**`FUNDS`**
`17`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
**`598,853`**
**`10`**
**`598,863`**
**`48,944`**
**`36,725`**
**`85,669`**
**`(8,071)`**
**`77,598`**
**`676,461`**
**`(27,000 )`**
**`649,461`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`46,275`**
**`46,275`**
**`-`**
**`46,275`**
**`46,275`**
**`-`**
**`46,275`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
**`598,853`**
**`10`**
**`598,863`**
**`48,944`**
**`83,000`**
**`131,944`**
**`(8,071)`**
**`123,873`**
**`722,736`**
**`(27,000 )`**
**`695,736`**
**`649,461`**
**`46,275`**
**`695,736`**|_`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`|
|---|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
30th January 2024 and were signed on its behalf by:
```
```
Mr Robert Harper - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
havebeenpreparedunderthehistoricalcostconvention,withtheexceptionofinvestments which
are included at market value.
```
## **`Financial reporting standard 102 - reduced disclosure exemptions`**
```
Thecharityhastakenadvantageofthefollowingdisclosureexemptionsinpreparingthese financial
statements,aspermittedbyFRS102'TheFinancialReportingStandardapplicableintheUK and
Republic of Ireland':
```
- `the requirements of Section 7 Statement of Cash Flows.`
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
thefunds,itisprobablethattheincomewillbereceivedandtheamountcanbe measured
reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
## **`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`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayableto the
charity'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to
which they relate.
```
```
continued...
```
```
Page 9
```
```
THE PELHAM CIO
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023`**
|**`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`
`£`
**`173,982`**
**`275,967`**
**`449,949`**||**`2023`**
**`£`**
**`19,620`**
**`1,684`**
**`21,304`**
**`2023`**
**`£`**
**`23,418`**
**`6,580`**
**`-`**
**`29,998`**
**`2023`**
**`£`**
**`253`**
**`2023`**
**`£`**
**`15,106`**
**`-`**
**`2,807`**
**`-`**
**`17,913`**
`Support`
`costs (see`
`note 7)`
`£`
**`4,082`**
**`-`**
**`4,082`**|_`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`_
`Totals`
`£`
**`178,064`**
**`275,967`**|_`2022`_
_`£`_
_`19,877`_
_`2,561`_|_`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`_|_`2022`_
_`£`_
_`11`_|
||||||_`33,079`_||
|||||**`454,031`**|||
```
continued...
```
```
Page 10
```
```
THE PELHAM CIO
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023`**
## **`7. SUPPORT COSTS`**
|**`SUPPORT COSTS`**||
|---|---|
|`Governance`
`Finance`
`costs`
`£`
`£`
`Charitable activities`
**`1,128`**
**`2,954`**
`Support costs, included in the above, are as follows:`|`Totals`
`£`
**`4,082`**|
|||
## **`Governance costs`**
|**`Governance costs`**|||
|---|---|---|
||**`2023`**|_`2022`_|
||`Charitable`|`Total`|
||`activities`|`activities`|
||**`£`**|_`£`_|
|`Accountancy and examination fees`|**`1,560`**|**_`990`_**|
|`Legal and professional fees`|**`1,394`**|**_`-`_**|
||**`2,954`**|**_`990`_**|
## **`8. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stMarch2023 nor
for the year ended 31st March 2022.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31stMarch2023norforthe year
ended 31st March 2022.
```
## **`9. STAFF COSTS`**
|`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2023`**
**`£`**
**`235,796`**
**`7,871`**
**`4,277`**
**`247,944`**|_`2022`_
_`£`_
_`170,517`_
_`5,542`_
_`3,217`_|
|---|---|---|
|||_`179,276`_|
```
The average monthly number of employees during the year was as follows:
```
||**`2023`**|_`2022`_|
|---|---|---|
|`Average number of employees`|**`19`**|_`12`_|
```
No employees received emoluments in excess of £60,000.
```
```
continued...
```
```
Page 11
```
```
THE PELHAM CIO
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023`**
|**`10.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`15,190`
**`Charitable activities`**
`Charitable activities`
`37,579`
`Projects`
`180`
`Other trading activities`
`24,244`
`Investment income`
`11`
**`Total`**
`77,204`
**`EXPENDITURE ON`**
`Raising funds`
`17,158`
**`Charitable activities`**
`Charitable activities`
`52,809`
`Projects`
`274`
**`Total`**
`70,241`
**`NET INCOME`**
`6,963`
**`Transfers between funds`**
`240`
**`Net movement in funds`**
`7,203`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`645,979`
**`TOTAL FUNDS CARRIED FORWARD`**
`653,182`
**`11.`**
**`TANGIBLE FIXED ASSETS`**
`Freehold`
`property`
`£`
**`COST`**
`At 1st April 2022 and 31st March 2023`
**`595,024`**
**`DEPRECIATION`**
`At 1st April 2022`
**`-`**
`Charge for year`
**`-`**
`At 31st March 2023`
**`-`**
**`NET BOOK VALUE`**
`At 31st March 2023`
**`595,024`**
`At 31st March 2022`
_`595,024`_||`Restricted`
`Total`
`funds`
`funds`
`£`
`£`
`7,248`
`22,438`
`66,346`
`103,925`
`232,390`
`232,570`
`15,818`
`40,062`
`-`
`11`
`321,802`
`399,006`
`15,921`
`33,079`
`53,829`
`106,638`
`194,008`
`194,282`
`263,758`
`333,999`
`58,044`
`65,007`
`(240)`
`-`
`57,804`
`65,007`
`94,061`
`740,040`
`151,865`
`805,047`
`Fixtures`
`and`
`fittings`
`Totals`
`£`
`£`
**`8,007`**
**`603,031`**
**`3,752`**
**`3,752`**
**`426`**
**`426`**
**`4,178`**
**`4,178`**
**`3,829`**
**`598,853`**
_`4,255`_
_`599,279`_|`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`|
|||||
|||||
|||||
|||||
```
continued...
```
```
Page 12
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023
```
## **`12. FIXED ASSET INVESTMENTS`**
|**`FIXED ASSET INVESTMENTS`**||
|---|---|
||`Shares in`|
||`group`|
||`undertakin`|
||`£`|
|**`MARKET VALUE`**||
|`At 1st April 2022 and 31st March 2023`|**`10`**|
|**`NET BOOK VALUE`**||
|`At 31st March 2023`|**`10`**|
|`At 31st March 2022`|_`10`_|
```
The Pelham CIO owns 100% of the share capital of The Pelham Building Enterprises Limited.
```
## **`13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|||**`2023`**|_`2022`_|
|---|---|---|---|
|||**`£`**|_`£`_|
||`Trade debtors`|**`48,944`**|_`19,547`_|
||`Other debtors`|**`-`**|_`1,791`_|
||`Tax`|**`-`**|_`1,418`_|
|||**`48,944`**|_`22,756`_|
|**`14.`**|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**|||
|||**`2023`**|_`2022`_|
|||**`£`**|_`£`_|
||`Trade creditors`|**`5,061`**|_`1,231`_|
||`Other creditors`|**`3,010`**|_`10`_|
|||**`8,071`**|_`1,241`_|
|**`15.`**|**`CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`**|||
|||**`2023`**|_`2022`_|
|||**`£`**|_`£`_|
||`Other creditors`|**`27,000`**|_`-`_|
|**`16.`**|**`LOANS`**|||
||`An analysis of the maturity of loans is given below:`|||
|||**`2023`**|_`2022`_|
|||**`£`**|_`£`_|
||`Amounts falling due within one year on demand:`|||
||`Other loans`|**`3,000`**|_`-`_|
||`Amounts falling between one and two years:`|||
||`Other loans - 1-2 years`|**`3,000`**|_`-`_|
||`Amounts falling due between two and five years:`|||
||`Other loans - 2-5 years`|**`9,000`**|_`-`_|
```
continued...
```
```
Page 13
```
```
THE PELHAM CIO
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023`**
## **`16. LOANS - continued`**
|`Amounts falling due in more than five years:`
`Repayable by instalments:`
`Other loans more 5yrs instal`
**`17.`**
**`MOVEMENT IN FUNDS`**
`At 1/4/22`
`£`
**`Unrestricted funds`**
`General fund`
**`20,975`**
`Designated property fund`
**`599,279`**
`Designated sustainability fund`
**`32,929`**
**`653,183`**
**`Restricted funds`**
`Special projects`
**`1,372`**
`Staff fund`
**`52,265`**
`RunningSpace`
**`44,543`**
`Pelham Growz`
**`2,320`**
`Basement project`
**`18,260`**
`Crafting Connections`
**`988`**
`Pelham Counselling Service`
**`12,211`**
`Tudor Trust wellbeing`
**`87`**
`GEM Youth Work`
**`7,191`**
`JAG`
**`1,112`**
`PBE trading`
**`9,897`**
`Workshop`
**`1,618`**
`CAP money course`
**`-`**
**`151,864`**
**`TOTAL FUNDS`**
**`805,047`**|`Net`
`movement`
`in funds`
`£`
**`(2,741)`**
**`(426)`**
**`253`**
**`(2,914)`**
**`-`**
**`(24,174 )`**
**`(39,045 )`**
**`(1,727)`**
**`(17,250 )`**
**`(2,040)`**
**`1,562`**
**`(87)`**
**`(8,537)`**
**`145`**
**`(13,132 )`**
**`(3,002)`**
**`890`**
**`(106,397 )`**
**`(109,311 )`**|**`2023`**
**`£`**
**`15,000`**
`Transfers`
`between`
`funds`
`£`
**`(808)`**
**`-`**
**`-`**
**`(808)`**
**`(1,372)`**
**`-`**
**`-`**
**`(593)`**
**`-`**
**`1,052`**
**`-`**
**`-`**
**`1,346`**
**`(1,009)`**
**`-`**
**`1,384`**
**`-`**
**`808`**
**`-`**|_`2022`_
_`£`_
_`-`_
`At`
`31/3/23`
`£`
**`17,426`**
**`598,853`**
**`33,182`**
**`649,461`**
**`-`**
**`28,091`**
**`5,498`**
**`-`**
**`1,010`**
**`-`**
**`13,773`**
**`-`**
**`-`**
**`248`**
**`(3,235)`**
**`-`**
**`890`**
**`46,275`**
**`695,736`**|
|---|---|---|---|
```
continued...
```
```
Page 14
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023
```
## **`17. 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`
**`Restricted funds`**
`Staff fund`
`RunningSpace`
`Pelham Growz`
`Basement project`
`Crafting Connections`
`Pelham Counselling Service`
`Tudor Trust wellbeing`
`GEM Youth Work`
`JAG`
`PBE trading`
`Workshop`
`CAP money course`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`91,548`**
**`-`**
**`253`**
**`91,801`**
**`67,999`**
**`10,303`**
**`1,645`**
**`64,287`**
**`1,152`**
**`23,630`**
**`-`**
**`-`**
**`145`**
**`100,781`**
**`-`**
**`890`**
**`270,832`**
**`362,633`**|`Resources`
`expended`
`£`
**`(94,289 )`**
**`(426)`**
**`-`**
**`(94,715 )`**
**`(92,173 )`**
**`(49,348 )`**
**`(3,372)`**
**`(81,537 )`**
**`(3,192)`**
**`(22,068 )`**
**`(87)`**
**`(8,537)`**
**`-`**
**`(113,913 )`**
**`(3,002)`**
**`-`**
**`(377,229 )`**
**`(471,944 )`**|`Movement`
`in funds`
`£`
**`(2,741)`**
**`(426)`**
**`253`**
**`(2,914)`**
**`(24,174 )`**
**`(39,045 )`**
**`(1,727)`**
**`(17,250 )`**
**`(2,040)`**
**`1,562`**
**`(87)`**
**`(8,537)`**
**`145`**
**`(13,132 )`**
**`(3,002)`**
**`890`**
**`(106,397 )`**
**`(109,311 )`**|
|---|---|---|---|
```
continued...
```
```
Page 15
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023
```
## **`17. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for 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 16
```
```
THE PELHAM CIO
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023
```
## **`17. MOVEMENT IN FUNDS - continued`**
```
Comparative 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`|
|---|---|---|---|
## **`Designated funds`**
```
PropertyFund:Thisfundrepresentsthewrittendownvalueofthecharity'sfixedassetsat the
year end.
```
```
Sustainability Fund: This fund earmarks funds for the sustainability of the charity.
```
```
Stafffund:Thisfundrepresentsatransferfromthegeneralfundfromprioryear 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,PelhamGrowz,CraftingConnections,Heat&EatBexhill,PelhamCounselling Service,
TudorTrustwellbeing,Familywellbeingfund,GEMYouthWork,JAG,PBETrading,CAP Money
Course,WorkshopandBuildingEnterprises;thesefundsrepresentspecificprojectscarriedout by
thecharitytowardswhichspecificgrants,donationsandothersourcesoffundingarereceived for
each specific project.
```
```
Basementproject:Fundshavebeenreceivedtowardsthecostofcarryingoutimprovements to
make use of the basement in the charity's property.
```
```
continued...
```
```
Page 17
```
```
THE PELHAM CIO
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023`**
## **`17. MOVEMENT IN FUNDS - continued`**
## **`Transfers between funds`**
```
Atransferwasmadeof£593.44fromtherestrictedpelhamgrowzprojectfundtothe crafting
connections project fund as the pelham growz project had closed.
```
```
Atransferwasmadeof£1,371.79fromtherestrictedspecialprojectsfundtothe workshop
project fund.
```
```
Transfersof£458.26and£12.07weremadefromthegeneralfundtocraftingconnections and
workshopprojectrespectively.Therewasalsoatransferof£338.13adefromthegeneralfund to
youth fund (JAG).
```
```
Priorto2021/22,withtheexceptionofthestafffund,allotherrestrictedfundswere grouped
togetherasa"specialprojectfund".At1April2021transfersweremadeoutofthisfundto each
individual restricted fund in order to show each fund on the face of the accounts.
```
## **`18. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31st March 2023.
```
```
Page 18
```
```
THE PELHAM CIO
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
**`Other trading activities`**
`Coffee lounge`
`Kickstarter`
`Building enterprises`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Room hire`
`Management fees`
`Grants`
`Car parking`
`Projects`
`Other`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Goods for resale`
`Kickstarter costs`
`Fundraising costs`
`PBE costs`
**`Charitable activities`**
`Wages`
`Social security`
`Pensions`
`Project costs`
`Insurance`
`Light, heat and rates`
`Coffee lounge and kitchen repairs`
`Cleaning and waste management`
`Repairs and maintenance`
`Carried forward`|`2023`
`£`
**`19,620`**
**`1,684`**
**`21,304`**
**`23,418`**
**`6,580`**
**`-`**
**`29,998`**
**`253`**
**`39,081`**
**`1,477`**
**`131,787`**
**`2,895`**
**`135,368`**
**`470`**
**`311,078`**
**`362,633`**
**`15,106`**
**`-`**
**`2,807`**
**`-`**
**`17,913`**
**`235,796`**
**`7,871`**
**`4,277`**
**`68,515`**
**`3,342`**
**`8,371`**
**`1,191`**
**`2,668`**
**`90,029`**
**`422,060`**|_`2022`_
_`£`_
_`19,877`_
_`2,561`_|
|---|---|---|
|||_`22,438`_
_`18,790`_
_`5,454`_
_`15,818`_|
|||_`40,062`_
_`11`_
_`21,629`_
_`500`_
_`234,598`_
_`2,505`_
_`76,359`_
_`904`_|
|||_`336,495`_|
|||_`399,006`_
_`12,176`_
_`4,121`_
_`861`_
_`15,921`_|
|||_`33,079`_
_`170,517`_
_`5,542`_
_`3,217`_
_`87,631`_
_`3,256`_
_`4,916`_
_`1,037`_
_`3,371`_
_`5,391`_
_`284,878`_|
```
This page does not form part of the statutory financial statements
```
```
Page 19
```
```
THE PELHAM CIO
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023`**
||`2023`|_`2022`_|
|---|---|---|
||`£`|_`£`_|
|**`Charitable activities`**|||
|`Brought forward`|**`422,060`**|_`284,878`_|
|`Training and wellbeing`|**`4,651`**|_`1,382`_|
|`Office costs`|**`6,238`**|_`4,339`_|
|`Travel`|**`2,622`**|_`1,380`_|
|`Equipment repairs`|**`2,668`**|_`1,704`_|
|`Bookkeeping`|**`8,848`**|_`4,768`_|
|`Miscellaneous expenses`|**`2,436`**|_`841`_|
|`Bank charges`|**`-`**|_`165`_|
|`Fixtures and fittings`|**`426`**|_`473`_|
||**`449,949`**|_`299,930`_|
|**`Support costs`**|||
|**`Finance`**|||
|`Finance charges`|**`1,128`**|_`-`_|
|**`Governance costs`**|||
|`Accountancy and examination fees`|**`1,560`**|_`990`_|
|`Legal and professional fees`|**`1,394`**|_`-`_|
||**`2,954`**|_`990`_|
|`Total resources expended`|**`471,944`**|_`333,999`_|
|**`Net (expenditure)/income`**|**`(109,311 )`**|_`65,007`_|
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