OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-30-accounts

Charity number: 1168234

OLIVE PATHWAY

(A charitable company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2023

OLIVE PATHWAY

(A charitable company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10 - 11
Notes to the financial statements 12 - 19

OLIVE PATHWAY

(A charitable company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 MARCH 2023

Trustees Maulbrey Mugani, Chair
Allishia Fungai Mahovo
Rachel Fundisi
Company registered
number
09266897
Charity registered
number
1168234
Registered office
Alderman Gatley House Office 10
1st Floor Hale Top
Manchester
M22 5RQ
Accountants
GIL Accountancy Services
177 Ballens Road
Chatham
Kent
ME5 8PG

Page 1

OLIVE PATHWAY

(A charitable company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 30 MARCH 2023

The Trustees present their annual report together with the financial statements of the OLIVE PATHWAY for the 31 March 2022 to 30 March 2023. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

Policies and objectives

The charity's main objectives are:

  1. the relief of emotional distress and suffering and the preservation and protection of the mental, and physical health amongst ethic minorities families who have suffered or are exposed to domestic violence in particular (but not limited to) the provision of services, information and support.

2 the advancement of education of the public, in particular but not exclusively, by the provision of workshops on the fundamental effects and consequences of domestic violence.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Page 2

(A charitable company limited by guarantee)

OLIVE PATHWAY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2023

Objectives and activities (continued)

Activities undertaken to achieve objectives

At Olive Pathway, throughout the year we engaged ourselves, service users and students on placement to attend series of events organised by us and through our stakeholders and partner organisations. Here is the list of projects and activities we organised throughout 2023 and continuing our successful and introducing amazing new initiatives:

  1. Collaborating an engaging across Greater Manchester with VAWG Strategy Workshop with other Charities across Greater Manchester.

  2. Caritas Salford Combating myths and stereotypes regarding communities’ integration and working together to challenge the narratives. Raising awareness about gender-based violence.

  3. Royal Highness King Coronation celebration, inviting our service user to a Royalty treatment High Tea to make them feel special, amazing self-confidence talks and therapeutic meditation alongside with amazing food to celebrate.

  4. “Community Connector Wythenshawe collaborating with Olive pathway service users to come and join to share their experience of domestic abuse.

  5. Collaboration with “Sensitive MCR” raising awareness tackling domestic abuse and intimate partner violence within BAME community.

  6. Representing Olive Pathway in “Gender Based Violence Campaign 2023 discussing and raising awareness regarding BAME community and maternity issues in the system, tackling ethnic inequalities regarding mental health DV services with Kate Green And Lord Mayor Yasmin Dar.

  7. Training program organised by Wythenshawe Housing on Community Connector, participants are getting culturally sensitive training busting the myths and stereotypes within the black Asian ethnic minority groups regarding Domestic Violence issues, supporting the service user with cultural specialised services.

  8. British Transport Police VAWG program relaunch: engaging in discussion and participating to raise awareness regarding interlinked connection between domestic abuse.

  9. Mama Monthly Partnership meeting engagement and participation to collaborate with the mental health services for domestic abuse victim and survivors specialised with BAME community needs.

  10. GMPA Training Organising and participating sharing the voice of our domestic abuse and gender-based violence victims and survivors’ issues and problems regarding immigrations problems and Criminal justice system.

  11. Manchester Anti-Poverty Summit Partnership program relaunch: engaging in discussion and participating to raise awareness regarding interlinked connexion between domestic abuse and homelessness and Poverty.

  12. Honour Based Violence Workshop for international gender-based violence awareness month camping, Olive Pathway organised to give more information to audience.

  13. Safe and Together Institute webinar focus on Perpetrator Patterns Mapping Tool to raise awareness about women equality and domestic abuse.

  14. Collaborating with Renaisis and Smallwood Trust learning raising awareness about healthy relationships combating community attitudes towards domestic abuse.

Page 3

OLIVE PATHWAY

(A charitable company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2023

Objectives and activities (continued)

  1. Partner at Oldham mental health USTAWI Launch. engagement and participation to collaborate with USTAWI, mental health services for domestic abuse victim and survivors specialised with BAME community needs.

  2. Collaborating with Greater Manchester Combined Authority Project Lived Experience Reference Group Engaging in supporting local communities and charities working together to combat the issues of a women Domestic violence.

  3. Christmas, homelessness, and winter warmer project: on the festive occasion of Christmas, olive pathway decided to support single mother and children with £30 Asda voucher, we supported or service user by providing them warm clothes for women and children by referring them to the right services, it really helped service users who are victim of domestic abuse and gender-based violence living in temporary accommodations with limited resources.

  4. Art Workshop for service users’ children to help with their mental wellbeing during School half Terms.

  5. National Suicide Prevention Day to raise more awareness and how it can be interlinked with intimate partner and gender-based violence against women and girls.

  6. On Our Radar Community Reporter Training to raise awareness about olive pathway and its services specialise for BAME community.

  7. Black History Month Celebration with Mama Health and Poverty Partnership.

  8. Prosper Life Initiative course supporting victim of Financial Abuse.

  9. Domestic Violence Awareness Month, sharing Support for women with disability and children with autistic needs collaborating with Sensitives Wythenshawe charity.

  10. Olive Pathway is partner member of Mama Health and Poverty Partnership (MHaPP) and in February the partnership welcomed four Social Worker and Mental Health Nursing Master’s Students from the University of Salford on an initial four-week placement which upon students request to stay longer was increased to a sixweek placement. The opportunity and partnership with the prestigious University of Salford was indeed an honour. Olive Pathway office was the student’s Hub where they were able to learn and engage with all the Organisations within the MHaPP partnership.

  11. Olive pathway Participated in a training and workshop held by MP Mike Kane on housing advice tackling and raising awareness Domestic Abuse establishing a strong network for Culturally and religiously sensitive communities and their need for housing.

  12. The Lotus Hub: proud partner of four major domestic violence organizations in Greater Manchester providing specialist support and a helpline for domestic violence to women on No Recourse to Public Funds (NRPF). This project is funded by the Home Office for two years.

Page 4

OLIVE PATHWAY

(A charitable company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2023

Achievements and performance

Main achievements of the Charity

Since 2023 began, Olive Pathway continued to offer specialist services to help support survivors of Gender Based Violence (GBV) and Domestic Violence in Greater Manchester. The service remained opened by delivering face to face welfare checks, food parcel deliveries, financial support, telephone, and video consultations. Our Culturally Sensitive Counselling and Life Coaching sessions also never stopped, and our service users are testifying to how relevant our service is to them. Olive Pathway supported over 500 women and families’ victims and survivors of domestic abuse and GBV through face to face, self-referrals, referrals from the local authorities, Social Services, partner organisations and through our social media platforms, black women private safe spaces on WhatsApp and Facebook.

Along the line, we saw an increase in new referrals and an increased need for financial assistance from our service users especially from women on NRPF. The service continued to be relevant and present in the race to tackle Domestic Abuse and GBV.

Olive Pathway Founder & CEO, Memory Nyahunzwi continues to serve on Greater Manchester, Gender Based Violence (GBV) Board as a board member and remains on the Panel Member for the Greater Manchester Women and Girls Equality Panel led by the Deputy Mayor of Andy Burns, GM- Violence Against Women and Girls (VAWG) Sub- Group.

Compliments and feedback

We continue to receive great compliments from the general public, community leader, faith leaders, stakeholders, and our service-users; verbally and through emails expressing that we are delivering the most effective and rapid service especially to women facing GBV when they are in crisis.

Financial review

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

Reserves policy

The Charity seeks to maintain reserves which match any obligation, such as to employees, and to ensure sustainability beyond the next quarter. The target is to build and maintain unrestricted reserves equating to three months normal expenditure.

Financial results

Total receipts during the year was £147,056 (2022: £61,530). Total expenditure for the year was £94,604 (2022: £81,095). The detailed breakdown of the accounts can be found in the accompanying SOFA, balance sheet and notes.

Page 5

OLIVE PATHWAY

(A charitable company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2023

Structure, governance and management

Constitution

OLIVE PATHWAY is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.

Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Plans for future periods

Olive Pathway continues to work towards securing sustainable funds to develop and achieve the following proposed and outstanding projects targeted as per our 5year Strategic Plan 2020-2025 and the following projects:

• Entrepreneurship workshop Olive Pathway service users to start a business or who already have a business and need support with coaching and finances. We at Olive Pathway will arrange a GIS (Group Information Session) and further strategy will be developed on how to support women in BAME community to be financially independent.

Page 6

OLIVE PATHWAY

(A charitable company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 MARCH 2023

Independent Examiner's Report to the Trustees of OLIVE PATHWAY ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 March 2023.

Responsibilities and Basis of Report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

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:

  1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 31 January 2024 D Tabiri FCCA ACIE

Page 8

(A charitable company limited by guarantee)

OLIVE PATHWAY

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 MARCH 2023

Note
Income from:
Donations and legacies
3
Other trading activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2023
£
142,356
4,700
147,056
94,604
94,604
52,452
2,415
52,452
54,867		 Total
funds
2023
£
142,356
4,700
147,056
94,604
94,604
52,452
2,415
52,452
54,867		 Total
funds
2022
£
60,271
1,259
61,530
81,095
81,095
(19,565)
21,980
(19,565)
2,415

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 12 to 19 form part of these financial statements.

Page 9

OLIVE PATHWAY (A charitable company limited by guarantee) REGISTERED NUMBER: 09266897

BALANCE SHEET AS AT 30 MARCH 2023

Note
Fixed assets
Tangible assets
10
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 62,571
62,571
(8,711)		 2023
£
1,007
1,007
53,860
54,867
54,867
54,867
-
54,867
54,867		 7,677
7,677
(7,552)		 2022
£
2,290
2,290
125
2,415
2,415
2,415
-
2,415
2,415

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 5 February 2024 and signed on their behalf by:

Page 10

OLIVE PATHWAY

(A charitable company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

1. General information

OLIVE PATHWAY is a registered charity, number 1168234, and is constituted under a Memorandum of Association.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

OLIVE PATHWAY 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.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 12

(A charitable company limited by guarantee)

OLIVE PATHWAY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

2. Accounting policies (continued)

2.4 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

2.5 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.6 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.7 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.8 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Page 13

OLIVE PATHWAY

(A charitable company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

2. Accounting policies (continued)

2.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

3. Income from donations and legacies

Unrestricted Total Total
funds funds funds
2023 2023 2022
£ £ £
Grants 142,356 142,356 60,271

4. Income from other trading activities Income from fundraising events

Unrestricted Total Total
funds funds funds
2023 2023 2022
£ £ £
Other charitable activities and donations 4,700 4,700 1,259

5. Analysis of expenditure on charitable activities Summary by fund type

Unrestricted
funds Total Total
2023 2023 2022
£ £ £
Direct costs - Activities 94,604 94,604 81,095

Page 14

OLIVE PATHWAY

(A charitable company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

6. Analysis of expenditure by activities

Direct costs
Total 2022		 Activities
undertaken
directly
2023
£
88,418
78,526		 Support
costs
2023
£
6,186
2,569		 Total
funds
2023
£
94,604
81,095		 Total
funds
2022
£
81,095

Analysis of direct costs

Staff costs
Project management and support costs
Travel and subsistence
Rent and rates
Coaching and mentoring sessions
Computer software costs
Computer & IT Consumables
Insurance
Adverising and publicity
Training
Telephone
Professional fees
Family support
Volunteer costs		 Activities
2023
£
5,998
23,406
320
13,674
3,960
418
-
219
2,228
8,816
2,178
22,666
3,558
977
88,418		 Total
funds
2023
£
5,998
23,406
320
13,674
3,960
418
-
219
2,228
8,816
2,178
22,666
3,558
977
88,418		 Total
funds
2022
£
20,120
-
-
15,705
2,690
335
2,310
1,227
3,223
10,066
727
19,754
540
1,829
78,526

Page 15

(A charitable company limited by guarantee)

OLIVE PATHWAY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

6. Analysis of expenditure by activities (continued)

Analysis of support costs

Depreciation
Printing, postage and stationery
Bank charges
Other office costs
Accountancy fees		 Activities
2023
£
1,283
993
140
1,770
2,000
6,186		 Total
funds
2023
£
1,283
993
140
1,770
2,000
6,186		 Total
funds
2022
£
1,283
427
249
610
-
2,569

7. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £1,000 ( 2022 - £1,000 ).

8. Staff costs

Wages and salaries
Contribution to defined contribution pension schemes		 2023
£
5,929
69
5,998		 2022
£
19,780
340
20,120

The average number of persons employed by the Charity during the year was as follows:

2023 2022
No. No.
Staff 1 1

No employee received remuneration amounting to more than £60,000 in either year.

Page 16

OLIVE PATHWAY

(A charitable company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL) .

During the year ended 30 March 2023, no Trustee expenses have been incurred (2022 - £NIL) .

10. Tangible fixed assets

Cost or valuation
At 31 March 2022
At 30 March 2023
Depreciation
At 31 March 2022
Charge for the year
At 30 March 2023
Net book value
At 30 March 2023
At 30 March 2022		 Computer
equipment
£
5,133
5,133
2,843
1,283
4,126
1,007
2,290

11. Creditors: Amounts falling due within one year

Pension fund loan payable
Other creditors
Accruals and deferred income		 2023
£
196
7,515
1,000
8,711		 2022
£
37
7,515
-
7,552

Page 17

OLIVE PATHWAY

(A charitable company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

12. Financial instruments

2023 2022
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 62,571 7,677

Financial assets measured at fair value through income and expenditure comprise cash at bank.

13. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds - all funds
Statement of funds - prior year
Unrestricted funds
General Funds - all funds		 Balance at
31 March
2022
£
2,415
Balance at
1 March
2021
£
21,980		 Income
£
147,056
Income
£
61,530		 Expenditure
£
(94,604)
Expenditure
£
(81,095)		 Balance at
30 March
2023
£
54,867
Balance at
30 March
2022
£
2,415

Page 18

(A charitable company limited by guarantee)

OLIVE PATHWAY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023

14. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2023
£
Tangible fixed assets
1,007
Current assets
62,571
Creditors due within one year
(8,711)
Total
54,867		 Total
funds
2023
£
1,007
62,571
(8,711)
54,867

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2022
£
2,290
7,677
(7,552)
2,415		 Total
funds
2022
£
2,290
7,677
(7,552)
2,415

15. Pension commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £69 (2022 - £340). £196 (2022: £37) outstanding contributions were payable to the fund at the balance sheet date.

Page 19