Charity ReBFstratk)n number". 1197953 PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD IP.E.E.F) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31*1 March 2025 AdAmsan Aceountsnts Pendle Haven 138 Every Strggt. Nels£. BB9 7EX
People's Enterprf8e & EmpoMm*nt Forum Ltd Contants Administrative Details Page 1 TrL&Stees Re1 Pages 2 to 5 Indepwvjwrt Examinerfs Report Page 6 Statement of financial athibes Pag8 7 Balanc• Shèèt Page 8 Notes to the FinwKial Statements Paggs 9t0 13 The folwng pages do not form port of statutory ffinan¢iBI Statents. Statement of hJThled 8clwibe5 Pages 14to 15
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM Adrninistratlve tY•lall$ Charity Name PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Charity Registration Number 1197953 Regtstered OfficÉ 50 Colne R08d Brierfield, Nelson Lancashire 889 5NN Trustees Mr. Farry)q Khan. (Chairman> Mrs. Raisa Malik (VKX Chairperson) Mr. Mohammad Aslam {S&cretary) Mr. Mohammad Latrf Mr. Mohammad Ai Bisharat Mr. Mohammad Saleem Din Bankers Bardays Bank P 72178 St James's SL Bumley BB11 1NH Accountants Adamson Accountants Pendle Flaven. 13B Every Street Nwson, Lancashire BB9 7EX
PEOPLE'S EKfERPRISE & EMPOWERMENT FORUM LTD Truslèè's Report P•riod End9d 31" March 2025 ChaiTman's foreword It gives me great pleasure to pent the annual report of People's Enterprise and Empowerment Forum Ltd IPEEF Ltdl for the year 2024125. People's Enterprise and Empowemient Forum (The Association) has been closed and all assets including Fixed and current assets comprising of bank balance and property have been transferred to People's Enterprfse and Empowerrnent Forum Ltd. During this period fvnding opportunttles have been lImed and challenging due to our p05ttion. I would like to thank the Energy Redress Sd)eme. Community Foundation Lancashire and others for providing resource5. With their help. we have been able to achieve our goa15 to offer services to the ommunitie5 in Pendle. I would also like to thank all the past and present members for their help in making the vrganisation a continuous succes& I fully appreciate hard work and dedication of the 5t3ff in managing the services we provide. l am aware none of this could have been achievable wtthout their eontlnued tontributlon. I would like to take this opporrunFty to thank all the Executive member5, volunteers. and staff fortheir suppo¢ hard work. foresight. and personal tommitment to our common endeavour. l am happy to say we have developed a truly wonderful team. wtth the spirit of friendship and open communication. The different roles within the organisation offer a process lor arning and sharing, a5 well as the opportunity to move forwar(I together'as a strong team. I look forward to further succes5 in the tomlng year as incorporated charitable oryanisation. Farooq than Chaimwn Page 2
People's Enterprise & Empowermont Forum Ltd Trustsos Annual Rwrt Pgrlod Ended 31" March 2025 The tNstees present report and the ffinanual slalements of the charity for the year ended 3111 Marth 2025. Admlni$tr•tlon Detalls Regislgred charity na.. People's Entfr& Emrvweffll1 Forum Ltd Charity giStrat)n number. 1197953 Priropal office". 50 Colne Road. Brierfiekl, Nelson. Lancashire 8Bg 5NN The Trustees The Trustees whts served the associ8th)n during the period were as follows: Mr. )hamMad Aslarn Mrs. Rais8 M81ik Mr Mohammed Latif Mr M. Aslam The Tnjstees are appcmnted by the mgmbers of Ihe (arity at the AGM. Indepdent Examiner: Adamson Accountants. Stru¢tur4 Governance and Management People's Enterprise and Empowerment Forum (The AssatiOn) Chartty Registration Number IC60294 has been closed and all assets includiThJ Fixed and current assets cornprising of bank balance and propety have been trartsferred to We's Enlerprlse arid Empowern]enl Forum Ltd, Chairty Registration Number 1197953. Truslees Tnjstees are reGruitgd wh&n particular 5kls are ne&Jed. The trustee's meeting5 are held on a quarterfy basis. day to day njnning of the Charity is dglegated lo a Management Committee who meet on a rnonlhly basis. Risk Management The Trust have examined the major strategic. busin and Cpera rfsks that the charity la$ and CA)nfirm that systems have been established lo enaL48 regular r&vipw& to bg carrwj rArt so thal necessary steps Can be taken to lessen t1 rtsks. Objedlves and AGtivllieG The main objectives of PEEF are. 1. To improve the econom coTrj.0rY0 of the local communy. 2. To advance educatn81 allainrnent levels of the inhabitants of the di51tK of Pendle. 3. To improve the skdls of th& ccrfnmunty 4. To Improve the social. welfar8 and heth condttK)ns fo th8 inhabitsnts. 5. To improve the re¢re"ons. teisure and cutturgl 18cililies for inhabrtants of Northw8sI England. Page 3
Trustees Annual Report... Cixrtlnuul Swvlces: To further its objectNey over the years, the organSsatK>n has devebped ils seTViCeS lo Galer for thg wide range of issues facwKJ Ihe kjcal ¢cKnmunty. espeu'ally. the ethnic minority community. The semces prDvided include.. Advl Employablity Health weHbeing th.ce Educath)n Information LObb.n Outreach Pli ot projecis Pr#ctit81 SUFV?rt Training Brierfield Pèoples Centre officially opened in March 2005 and after an extensive perKxI of renovation designed to brfng ft up lo o)ntemporary slandarts, both in terms of arnenities offer¥d and also health and safety requirements. It has been set up lo serve the needs of the communrties in PerKlle and Northwest of ErJland. Achlevements and Perfomance PEEF Ltd exists to emFAJver and enable socialty and economicaly exduoed indlviduaL% lo access P8rsonal devglopmenl 9PFluni$. The 8[rfld Peoples Centro 15 a resourc8 for the Wle community and provKles kJeal venue to faclrtate these Inrtialis. Currerfy PEEF is ftmni vanc4Js projects In and from the centre. all ot vhich alm lo improve the 8cx)fiDmiG. edtiOnal. social and Guhural GofKlitions of p8ndle iesidents. The centre has been designed with a great deal of considerath)n for people with dis2bilities. Much emphasB has bn plaL%d on pft)viding full io every lor whoekhair u5ets with thg aid of a lfft to each The Centre prowdes a physical base for other organi%ations to t¥r81e Irom elther on a pemianent or sessional basrs. Our polry has always been to wov¥Je equal a( to all sections of the ojmnwjnty. Therefore. our faciliti.es are available frjr use by al tegOrieS of ganiSathJns. wheth8r voluntary. statutory, Charitab or commgTLial. Affiliated crganisations that have used the Centre Include". Pendle Brough Courol, Department for Wk and Penslons. Lanceshtre County Council. Pendle Women's Fonjm. BuNding Bridg8s La[hire. BME NelworK Calico HousiThJ. T(NJether Housing, Rosendale, Bumley and PerKVe CVS. L1 Mosques and Church&8. Rgsorves Poli The trustees are mindhA of the &)nstraints of obtaining revenue grant funding al present and are looktng into ways of generating rts own w)¢( to enable its athilS trj u)nlinue. The Charfty's free reserves not invested in tsngible red assets at 31 * March 2025 amounted lo £39,706. The trust*s cg¥nsidef the charrty needs £17.207 in reseNes. the equivalent of six months running costs. The frèe reserve is ¢ent in excess of this amount. Page 4
Tntee8 Annual Rerth... Continued Rosponslbillty of tho TTu$tse5 Law appliGgble to charibes in England 8nd Wales requres the Trustees to preparo financial slalements for each financial year. Un[[ the law the Trustees have elected lo prepare the financk81 statements with United KIdn generally accepted aOUnting standard5 and the applicable law. The ffnanaal slateThnLs ar8 required by law to giv8 a true and fair view of Ihe ststg of affairs of the charity and of the Surp1 or deficit of the chanty the p8ri0d. In preparing these financial statements. lh9 Trust8&5 are required to: Se19GI suitable acjntin9 p0cleS arNJ then appty them consi8tenty. Make jLKlgements and estimate$ that are reasonable 8rKJ [Knt Prepare ts financial Statts ijn the going (x)ncem basis unless it is rp{¥1ate to presun that the charity win coniThe its OFwatK>n. The trustegs arg respible for keeping propor acyx)unting records whth disdose reasonable aeLur2cy at any time the financkql positi for Ihe charity ar•J whbth ene them to ensure that the financial statements ccfftply with the '¢hariti"es Act 2011. The TTuslees are also responsible ftsr the safeguarding the assets of the charity and hence fLY taknng reasonable steps foy the prevention and det8Ction of fraud other irrewlarrts. Approved by the Twstees on 1 January 2026 and swed on theii be by.. Mr Farooq Khan Truste
CHARITY COMMISSION FOR ELAND AND WA1£5 Independent examinerfs report on the accounts Report to the trusteesl members of People's Enterprise & Empowerment Forum Ltd I report to the trustees on my examination of Ihe accounts of the above charity llhe Trust-} for the year ended 31st March 2025. As the charitys trustees, you are responsible for the preparation of the accounts in accordance wtth the requirements of the Charities Act 2011 {Ihe Acr>- I report in respect of my examination of the Tntst's accourrts rrIed wt under section 145 of the 2011 Act and in carw'ng out my eXaminan. I have followed all the applicabte Directions given by the Charty Commission under sectK)n 14515)Ibl of the Act The charity's gross incorne exceeded £25.OCiI and l am qualrfied to undertake the examination by being a qualffied member of aat IIFACI. I have Comp1 my examinakn. I confirni that no material matters have come to my attention in connection wrth the examinaknn which gNes me cause to believe thal n. any materTral respecL the accounting records were not kept in aL%0rdan with section 130 of the Charities Actr. or the accounts not accord with the accounting records", or the accounts did not com1Y wilh the applicable requirements conceming the fomi and conlant of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts grve a Irue and fairf view which is not a matter cons*Jered as part of an iThJependent examination. I have no concems and have come acrnss no otsmatters in (x)nnecti¢)n with theexaminat.on to which attention shoLd b8 drawn in this report in order to enable a proper understsnding of the accounts to be reached. Kashrf Insari IMAAT) Adamson Accountants 138 Every StreeL Nelson BB9 7EX 19kn January 2026 Page 6
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Statement of Flnanclal Activlties for the Year Ended 31st March 2025 UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 vrttary irny 209.4J5 209.435 209,435 Casts ofgeneratiro & voluntary ITMe 760 Net moveff*nts ift 169.729 169,729 R¢¢ondllth offund8 fiJnd5 L¥W fmrd 169,T29 169,729
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Balance Sheet as at 31st March 2025 2025 2024 Note Flxod assots Tangible assets 131. Cuffènt Debtors Cash al bank In hand 10 39,706 39.706 CrodrI. knounts falling due wlthin one ygar 11 1.570 Nd currènt &ets 38.136 169.n9 Tha furth of the thanty. Restricted funds 169,n9 Tcknl Charity Fund8 169.729 bythe Board ¢Xb 19th Janaury 2026 arxl shjned ils bghaff ty. Jk Mr. Farooq Khan Trnstee The notes on pwJe5 9 to 13 fo ofthese5 thandal statsments.
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Notss To the Flnanclal seMents for the Year Ended 311 March 2025 1. Ac¢ountlng policies The financial Stalerrls have Ixw) preparpd under the historical cosl convention and in a(¢ordaTrce wlh ihe Slalemenl of Recommended practfjce 'Accounling and ReportiThJ by Charilles ISORP 2005). issued on March 2005. Applicable accountsng st8n08rds and the Chanlies Acl 2011. Fund Accounting Policy Restrrted funds are those (knated for use in a partlar area or for specffic purse9, the use of which is restrictaj to that area or purpose. Designated funds are unrestricted fvnds sel aside at the disoTetion of the trustees for speeific purposes. Further detaiLs of each fund are disclosed In note 13. No trading iTrcome was erVed during the year. Incomlng Resources Voluntsry income induding donat)r6 and grants that provide cCe funding or are of a ggneral nabjre 18 rerJ)grnised whe.re the.re is entrtkment, cerlainty ofreceipt and the amount CAn be measured with suffiaonl reliability. Inveslrnent irwme is recconlsed on 2 reable basis. Resources expended. Liabilibes are recognised as scth as therÈ is a kgal or u>nstmclive Dbligalion comTnttting the charity lo th6 eXrndltu. Ail expenditure 15 accryjnted for acctyS basis and has been classrfied under headings th81 aggregate all Gosts related to the c7tegory. Cost of generatlng fijnds are th8 costs asso(2al8d wth attractiw voluntary ncomg. Govemance costs Govemarice costs indude costs of the preparatic and èxamlnaknon of the statutory a¢xx)unts, the sois of trustee meetings and the cost ol any legal advice to tnJslees on governance or constitutional matters. FIx0d Assets Individual fixgd assets are initHlly recorded at cost. Depreciati Depreuation is provided on t8ngible fixed as5els lo wrilts off the c(tsl or valuafion. less any estimaled residual value, over their expected useful eLnnomic h'fe 8s folk)ws-. Fixtures arvJ fftiings 20% strawJht hne basis Fr8ehold laThJ aThJ buildings {including herltage> P9
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD strtement of Flnanclgl Actlvftles for thg Year Endgd 31st March 2025 1knstrScl•d RwMct•d Totsl FndS FunJB 2025 Tot•1 Fund8 2•24 Grants- other agencies PeorlÈ ErrtErw$e AssDC4ttft Furn15 Tran*t 72.(K6 PeoF4e Enlerwi5e As$7a11 Asse15 Tran81 1&3.110 4.320 72.005 133.110 2ry3.435 209.435 People's enterprise EMpoWert Forum IFA$s0[tiOn) Chanty Rewstrntion NtsMr I{0294 has beÈn rjosed al Bssets i[1{J1Tj Fixed aThl CLwrert assets cxKtWn9 of bank balance aTrJ prGPErty nave bg8n Ir¥nsfeMA4 to Peo#e's Enterpnse ErnnnnI Fonm Ltd. Rstr8c Number 1797953. I1¥K•stY0 Restrlcled Total Funds Total Funds Funds Fwid 2025 2024 GNnts & Trawfers 209.435 20Y.435 Unwtrl¢W R•strlctsd Tolal Funds TO Funds Funds 2025 2024 Pa)e 10
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD ststomont of Fln•n¢lal Actlvlll•$ for tt Year Ended 31st March 2025 Totsi Tr$Ou¢ •xptnd•d Govwn•nc• T•1 EmplDyThwI & Subt£¥thcts Costs EsiablishmeTrt ¢X15 Repair aTr4 maiftierCe oirith eNpens8s Prin11. P05 and $tatiorwy 19.7&fj 7.170 3,653 4,4¥2 143 19,7BS 7,170 3,653 4.492 143 Cn1j 818 818 2,129 Bank tharoes Depvwiakn 0fts ass•ts 1.516 1,516 38.946 76D 39.7( Ernpk)ymeM & sutKrts Coas Ind Sthjo)nknriseN cty ofE9.870. 6. Trust•g TrThin•rlon •Dd •xpws• No Temer#bOnS we to 8nylnxt$ durpig 2024 F4re rfother assets. ryerabtyj Wos The aoar8oate Pa LX>5ts 01 empbsws ¢JwirwJ thg r• 2025 2024 Wag tnd 6rbs 19.785 P•g•11
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Statement of Flnanclal Actlvltles for the Year Ended 31st March 2025 Tanylblè Flxtd Assèts Frèehold Land & Buildingy Ilnclulfiry Herilage assetsl Fixlure$. ffttlngs
nd equipment
Total Cost As at 31 Marth 2024 A(*Jitions l DetiOnS 125,529 125.$29 7.581 7.581 133.110 133.110 As at 31 March 2025 Depreciation As at 31 March 2023 Ch8rge for the year As at 31 March 225 1.516 1.516 1.516 1.516 Net Book Value As at 31 March 2024 As at 31 March 2tr25 125.529 6,L5 131,594 10. Dèbtors 2025 2024 Olhw dtrbtors 11. Creditor3: Amounts fairing dLrw within ar 2025 21f24 AcL¥als arbj deferrod inccffi 1,570 Page 12
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Statemont of Financlal Activltles fof thg Year Ended 31st March 2025 12. Control of enllty The erdity w8s cortr01d by Ihe trle0$ ihe year. 13. An41• of fvnds 31 MaT¢h 2024 Inconn? f•6ourc•s Resour> •xp•nded 31st March 2025 D$1•d Funds DgsJnalgd Funds 2ryJ,435 39.7115.99 169,729 R•strictsd Funds Rethcied Inn Fund I 209.435 39,706 169.729 N•t a$t by fund R•strfjct•d Fund5 Tolal Funds 2025 Total Funds 2024 Fund5 Tanb assets CLwrent assets Cr•JrtL¥S". Arnounts fJlkng skn within one yetr 131.594 131.594 39.7( 1.570 1.570 169.729 169.729 . AU gures ha¥8 b88n rowvjwj to np*est £ Pag8 13
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Statement of Flnanclal A¢tivlties for the Year Ended 31st March 2025 De81gnated Fund 2025 Dolgnated Fund 2024 Incornlng r•Bowr Inttjmrno reUrCeS frtsn PEEF ASsotsabl Vdunlary inc(m T81 irwnkng P•sourc•s •xp•ndgd C£ts of 98n9ratiF¥J funds & votrJnlarylr NetrncNerTrents in fiJdn3 ReEoncifiatiDll of funds Tr*al fJnds brougth fon48rc Tlxal lurwjs carried Itr0 P 14
PEOPLE'S ENTERPRISE & EMPOWERMENT FORUM LTD Statement of Flnanclal Actlvttles for the Year Ended 31st March 2025 UnRestrict•d Income Fund 1 202S UnR¢strl¢t¢d Income Fund 1 2024 Incomlng résourets Incoming resources frun fiJr Vcluntary ifKX> Total incoming resourrs 205.115 4,320 209.435 Rèsourc05 exp•Trdgd Costs ofgènerabng fijnds & vokmtsry Inne GoV&Man casts Total resour eXPed 38,946 760 39,706 Net movements in fLvJns 169.729 Reconclliatlon of lunds Totsl lunds brwgth forwar Total lun(Js crried loard 169.729 This page fLYm part ol statutory fman(yal sLalem8nis Pa9e 15