## PULP FRICTION SMOOTHIE BAR CIO 

Charity Number:  1209412 

Trustees' Annual Report and Financial Statements for the Period 

2 August 2024 to 31 July 2025 



## Contents 

- Page 3 Reference & Administration Details 

- Page 4 Structure, Governance & Management 

Objectives & Activities 

Achievements & Performance 

Page 5 Financial Review 

Declaration 

Page 6 Independent Examiners Report on the Accounts 

Page 7 Report of the Independent Auditors to the Trustees 

- Page 8 Statement of Financial Activities 

- Page 9 Balance Sheet 

## Charity name: PULP FRICTION SMOOTHIE BAR CIO 

Charity number: 1209412 

Charity's operating address: C/O 4 St. Michaels Square Bramcote, 

Nottingham 

Postcode: NG9 3HG 

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Names of the Charity Trustees who Manage the Charity 

Trustee Name Office (if any) Appointed 1: Chris Emmott Chair 2024 2: Susan Carter 2024 3: Shirley Pillar 2024 

4. Jessie Carter-Kay 2024 

5. Sandra Pownall 2025 

6. Kamalakkannan Chokkalingam 2025 

## Names & Addresses of Advisors 

Name Address & Postcode Bank: HSBC 8 Market Square, Stafford, ST16, 2JP 

Independent TMDG Accountancy & The Old Forge, London Road, Brampton, Suffolk NR34 8EL Examiner: Estate Planning 

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Structure, Governance & Management 

## Description of the Charity's Trusts 

Type of Governing Document: Constitution 

How the Charity is Constituted: Charitable Incorporated Organisation 

Trustee Selection Methods: 

The charity trustees will make available to each new charity trustee, on or before his or her first appointment: 

- a. a copy of the current version of this constitution; 

- b. a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts. 

The charity’s trustees review the board composition at least once a year to consider the skills and experience required and identify any recruitment needs arising.  The board determines the best way to select and recruit new trustees. 

How New Trustees are Inducted and Trained: 

The chair and an existing trustee meets with new trustees to ensure that they understand the nature of their role and responsibilities and each trustee is issued with formal written guidance regarding this.  Individual training needs of any trustees are identified and addressed by the chair. 

## Objectives & Activities 

## Summary of the Objects of the Charity as set out in its Governing Document 

- (1) the relief of those in need by reason of a learning disability (and or autism) by the provision of training opportunities as will enable them to acquire and develop social, independent living and employability skills with the object of improving their conditions of life; and 

- (2) to provide or assist in the provision of facilities for the recreation or other leisure time occupation for people who have need thereof by reason of learning disability with the object of improving their conditions of life. 

## Achievements & Performance 

## Statutory Declaration 

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties. 

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Financial Review 

The charity’s trustees recognise the need for financial reserves and are actively building up charity reserves through current income sources and are looking to further generate funds through a proactive fundraising strategy.  The charity’s trustees review the charity’s financial position at each trustee meeting to ensure that it always has the funds to meet its activities and commitments. 

## Other Optional Information 

Pulp Friction has delivered a positive and stable financial performance during the year, supported by sound governance and prudent financial management. Modest income growth reflects both the continued confidence of our partners and the sustained demand for our services. The charity remains financially resilient, with appropriate controls in place to ensure sustainability. Continued external support, however, remains vital to enable future growth and to meet the increasing needs of the communities we serve. 

Declaration 

The Trustees declare that they have approved the Trustees' Report above. Signed on behalf of the Charity's Trustees 


Signature(s): 

Full Name(s): Jill Carter Chris Emmott Position(s): Chief Executive Officer Chair of Trustees Date: 1[st] December 2025 1[st] December 2025 

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Independent Examiner’s Report on the Accounts 

The content and format of the Independent Examiner’s report are defined by law.   So it is the responsibility of the Examiner to make sure that his/her report is correctly laid out and signed. 

Note that the Independent Examiner cannot sign of his/her report until the Trustees’ Annual Report (above) and the Statement of Financial Activity (below) have been completed, approved and signed off by the Trustees. 

## BASIS OF INDEPENDENT EXAMINER'S REPORT 

We have carried out an independent examination in accordance with the general direction given by the Charity Trustees for the period ended 31st July 2025.  The financial statements have been prepared under the historical cost convention and the accounting policies set out on page 7. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the accounts. 

This report is made solely to the Trustees as a body.  Our work has been undertaken so that we might state to the board of Trustees group those matters we are required to state to them in an examiners report and for no other purpose. 

## RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER 

The Trustees are responsible for the preparation of financial statements in accordance with applicable law and United Kingdom Accounting Standards. 

Our responsibility is to review the financial statements in accordance with relevant legal and regulatory requirements and United Kingdom Auditing Standards. 

## STATEMENT 

In connection with our examination, no matters came to our attention on review of the accounting records kept by the Charity and the financial statements have been prepared in accordance with guidance of the Charities Commissioners. 

TMDG Accountancy & Estate Planning 

The Old Forge, London Road, Brampton, Suffolk NR34 8EL 

Dated:  30[th] October 2025 

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31st JULY 2025 

## 1. ACCOUNTING POLICIES 

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Accounting Convention: 

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. 

Going Concern: 

The financial statements are prepared on the going concern basis. 

Incoming Resources: 

Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty.  Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period. Where income is restricted to a specific purpose it is recognised in the accounting period in which the expenditure for the specified project is incurred. 

Resources Expended and Basis of Allocation of Costs: 

Expenditure is included in the period in which it is incurred.  Expenditure has been reported in the financial statements in the cost category to which it relates. 

Funds Accounting: 

Funds held by the charity are: 

Unrestricted General Funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. 

Restricted Funds - 

these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor. 

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**2025** 

## **Income and Expenditure Account** 

## **Pulp Friction Smoothie Bar CIO For the year ended 31 July 2025** 

|**Income**||
|---|---|
|Community Support Projects|376.00|
|Interest Income|175.91|
|Other Revenue|438.00|
|Sales|455,369.56|
|**Total IncomeCost**|**456,359.47**|
|**of Sales**||
|Cost of Goods Sold|147,416.06|
|Direct Expenses|29,753.84|
|Direct Wages|30,962.76|
|Restricted Expense|8,728.20|
|**Total Cost of Sales**|**216,860.86**|
|**Gross Surplus**|**239,498.61**|
|**Administratve Costs**||
|Audit & Accountancy fees|1,875.90|
|Bank Fees|4,758.54|
|Cleaning|4,399.24|
|Consultng|8,000.00|
|Depreciaton Expense|8,523.06|
|Employers Natonal Insurance|13,110.46|
|Equipment Expenses|289.41|
|Insurance|3,651.34|
|Interest Paid|662.42|
|IT Sofware and Consumables|6,812.48|
|Legal Expenses|33.95|
|Light, Power, Heatng|5,001.79|
|Motor Vehicle Expenses|50.00|
|Pensions Costs|9,385.39|
|Postage, Freight & Courier|18.85|
|Printng & Statonery|1,532.15|
|Rent|13,887.77|
|Repairs & Maintenance|6,136.80|
|Salaries|317,494.22|
|Staf Training & Welfare|16,169.09|
|Subscriptons|3,164.35|
|Telephone & Internet|1,068.15|
|Travel - Natonal|14,511.69|
|**Total Administratve Costs**|**440,537.05**|



**Operating Surplus (201,038.44)** Profit and Loss Page 8 of 2 Income and Expenditure Account 

Pulp Friction Smoothie Bar CIO 29 Oct 2025 



**2025** 

|**Other Income**||
|---|---|
|Choir Fees|1,294.50|
|Donatons & Fund Raising|8,127.27|
|Members Fees|245,482.86|
|Restricted Grants|4,020.00|
|**Total Other Income**|**258,924.63**|
|**Surplus on Ordinary Actvites**|**57,886.19**|
|**Surplus**|**57,886.19**|



Pulp Friction Smoothie Bar CIO 29 Oct 2025 



Profit and Loss 

Page 8 of 2 

**31JUL2025** 

## **Balance Sheet** 

## **Pulp Friction Smoothie Bar CIO** 

## **As at 31 July 2025** 

|**Fixed Assets**||
|---|---|
|**Tangible Assets**||
|Buildings|12,000.00|
|Computer Equipment|2,709.86|
|Less Accumulated Depreciaton on Buildings|(12,000.00)|
|Less Accumulated Depreciaton on Computer Equipment|(541.97)|
|Less Accumulated Depreciaton on Motor Vehicles|(16,168.00)|
|Less Accumulated Depreciaton on Ofce Equipment|(28,404.86)|
|Less Accumulated Depreciaton on Plant and Machinery|(53,518.50)|
|Motor Vehicles|16,168.00|
|Ofce Equipment|28,404.86|
|Plant and Machinery|85,099.46|
|**Total Tangible Assets**|**33,748.85**|
|**Total Fixed Assets**|**33,748.85**|
|**Current Assets**||
|**Cash at bank and in hand**||
|Atmosphere Glee Choir|4,475.25|
|Cafe Pety Cash|18.98|
|PULP FRICTION - SAVERS ACCOUNT|30,589.68|
|Pulp Fricton Smoothie Bar CIC|20,133.87|
|Pulp Fricton Smoothie Bar CIO|41,595.25|
|Zetle Bestwood Cafe|4,077.19|
|**Total Cash at bank and in hand**|**100,890.22**|
|Accounts Receivable|56,077.44|
|Prepayments|2,426.66|
|**Total Current Assets**|**159,394.32**|
|**Creditors: amounts falling due within oneyear**||
|Accounts Payable|17,134.26|
|Accruals|1,320.00|
|JHQ Pety Cash|743.95|
|PAYE Payable|5,660.06|
|Pensions Payable|2,639.24|
|Restricted Funds|47,129.82|
|Student Loan Deductons Payable|2.00|
|**Total Creditors: amounts falling due within one year**|**74,629.33**|
|**Net Current Assets (Liabilites)**|**84,764.99**|
|**Total Assets less Current Liabilites**|**118,513.84**|



## **Creditors: amounts falling due after more than one year** 

Balance Sheet Page 9 of 2 Balance Sheet 

Pulp Friction Smoothie Bar CIO 29 Oct 2025 



**31JUL2025** 

|J&P Loan|109,908.30|
|---|---|
|**Total Creditors: amounts falling due afer more than one year**|**109,908.30**|
|**Net Assets**|**8,605.54**|
|**Capital and Reserves**||
|Current Year Earnings|57,886.19|
|Retained from CIC conversion to CIO|(49,280.65)|
|**Total Capital and Reserves**|**8,605.54**|



Pulp Friction Smoothie Bar CIO 29 Oct 2025 



Page 9 of 2 

Balance Sheet 

Pulp Friction Smoothie Bar CIO 29 Oct 2025