Charlty numbgr. 301595
THE PAINSWICK CENTRE
{A CHARITY REGISTERED IN ENGLAND & WALES)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

ThE PAINSWICK CENTRE
IA CHARITY REGISTERED IN ENGLAND & WALES, NUMBER 301595)
CONTE14TS
Page
Re￿ranc¢ and administratlv• d•tsll¥ of th• charfty, Its In•to08 and advl8er•
Trust￿$. report
Indgwndont •xamlnoV$ r•port
8tatomont of flnanGlal actJ¥lUo8
Balanc• •hg91
Not•• to th• Iln•nc￿I *tat•m•nts
10-12

THE PAINSMCK CENTrE
IA CHARITY REGISTERED IN ENGLAND & YIALES. NUMBER 301595)
REFERENCE AND ADMIIIISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Tru8t*i
Roger Balknwll {apFK)inted 24 September 20241
Stephen Brignall lappoinled 11 June 2023)
m Brockett (appointed 30 May 2023, resigned 24 September 2024)
Ceri Chaplin, Chair lappointed 27 June 20231
Caroline Finch (appointed 24 September 20241
Adrian Gyde {appointed 30 May 20231
Mahboob Hu53ain lappointed 11 June 2023. re5rgned 31 2025)
Dawn Jolley {app(Mnted 27 June 2023. o5vJne£l 31 March 20251
Davi¢J Loose lappointed 27 June 2023. ￿s￿Jned 31 January 2025}
Richard O'Dohety lappoinled 24 September 20241
John Petrle lappoinled 27 June 2023. resigned 24 September 2024)
Graham Walson lappoinled 24 September 2024}
John Wlliamson lapwnted 30 May 2023
Antonia Wright lappoinled 27 Jun¢ 2023)
Charfty rng1gt￿ed numb•r 301595
R•9l•tsrod offlc•
Bisley Street.
Painswick.
GltyJcestershire
GL6 6QQ
Ind•p•nd•nt •x*mln•r
Price Davis Limited
4 Manor Park Business Centr8
Ma¢Kenzse Way,
Sy￿ndon Village,
Chettenham
GL51 9TX
Page 1

THE PAINSWICK CEiifRE
(A CHARITY REGISTERED IN ENGLAND & WALES. NUAIBER 301595)
TRUSTEES. REpoi¥f (conlinued)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report together with the una￿rted financial statements of the Charity for the
year 151 January to 315t December 2024. The Trustees confinn that the Annual Rèport and financial statements
of the Charity comply with the current statut¢xy requirements, the requiremenls of the Charity's goveming
document and the provisions of Ihe Statement of Recommended Practtr ISORPI, applicable to charrties
preparing their accounts in accordance with the Financial fiepO￿.ng Starbdard applicable in the UK and Republic
of Ireland IFRS 1021 leffecbve 1 January 2015) as am8nded by Update Bulletsn 1 leffecb.ve 1 January 20151.
ABOUT THE CHARITY
The charty ¢)wns and operates a village hall in Painsvrtk. GI0￿es1￿5hIre.
OBJECTIVES AND ACTIVITIES
Purposgs of tho charlty
The object of the charity is the provision and maintenance of a village hall for Use by inhabitants of the
fjcclesiastical parish of PainsvAck and the surrounding neighbourhoc¥J wthout distinction of political, Trligious or
other opinions, including use for lal meetings, lecture5 and das5es. and Ibl otherfomis of recreation and leisur
lime ottupation, with the object of improving the ¢ondibons of lrfe forthe inhabitants.
Alain activtti•• und•rtak•n to furfh•r th• G￿rIty,• Purp￿ fr>r publlc b•n•fft
The Tru8tees conf¥m thatthey have conwied V•ith their dutyto have due regard lo the gutdance on public benefrt
published by the Charity Commission in exerciwng Ihwr powe￿ and duties.
The Centre has a range of room8 for hire. It hosts a wide range of events, induding art ¢xhibition8, conferences,
M￿ting$, private parties, swrts. theatre events and cOr￿rts, arb"sts' Studios and weddings. 11 also puls on
events, Such as the Wck-Flix fikn SCTeenings and FVIJP ftyxj event5. The Centre addrtionally owns a residential
cottage, fom)erty used ay staff a¢GcrfnmodatKJn, vknic** 13 let on comn*r(xal terms to a tenant
ACHIEVEMENTS AND PERFORMANCE
As was rep¢Nted al the last AGM in September 2(Y24. the current trustee group took over the running of the
Centrg June 2023 when the then board olthree trustees had announced the ckjsure of most aspects of the
Centre based upon projected finanual (Jrfficuliies. The ()Jfrent trustee body is made up of experienced trustees
wde ranging Skills in business, com1F￿Clal, financial. eslate managetr*nt. legal and marketing and they
have slabilised the finanaal siiuation and have started to restore the chanlies reserves tolovds vthere rt is
C8P8ble ofwthstanding financ￿1 ups and down5.
The operations of the Ceftre have retumed to a $maller employed base supplemented by an *ive volunteer
group. This has had the effect of reducing overheads vthilst improving communty involvement.
The actions taken to improve the way the Centre is managed is nDW apparent. The Centre 15 ncw operating at
8 surplus on a monthty basis and has aceumulaled cash reserves at over £80,1￿ at the balance sheet date.
The Iruslee policy is to hold reserves at least equrvalent to six months expenditu￿ whith t5 approximately
£45,000. Trustees are now in a position to look at h(Ml the knlth'es can be further improved whilst su3tsining
the Centre's ongoing viabiltty. There are pmj.ects under exploring renovation of the skrttla allèy, potentially
converting Tt to a muttpuse facilty designed to Cater for all age and interest groups.
The Centre could not survive with(xrt the tireless efforts cl many ded￿ated volunteers. The Trustees are

THE PAINSMCK CENTRE
{A CHARITY REGISTERED IN ENGLAND & WALES, NUIIJBER 301595)
TRUSTEES. REPORT Icontlnued)
FOR THE YEAR ENDED 31 DECEMBER 2024
delighted to tske this opportunity to thank each and every one of them. That sabd, would welcome any new
volunteers, irTe5pectNe of how much or lrtlle twne they Can give and would also ¥￿lcOme those who would
consider serving as a tnjstee. We are paitutarty keen on younger people joining us as Painswick continues to
see many younger families moving into the area and v* wjuld welc(wng It￿ helpingto develop and c(kordlnate
a Centre that caters for all age groups.
We 3re also continuing to discuss and draft a ntrw conslitull￿ mrye re￿ant to the modem day bul retaining
the primary objects've of the trust. ￿11$1 we We￿ in￿￿lY opb"mistic of implementing thi$ within the financial year.
the complexities of doino this and obtaining Chanty Commission consent has delayed and continue to
successfully operate under the con$titutw)n detsiled urHler the sectson tyelow on Structure and Govemance
FINANCIAL REVIEW
The ¢harity's Pri￿1paI 8oure¢8 of funds a￿ hir•. •v•)ts ond b•r tsk￿98 supplemented by l•tting of
residenllal cottage
Total income in 2024 was £100.745 (2023 - £84,568) refiecJng the restor8knn of regular operations fo1104Mng
the severe conlrath'on caused by the deciS￿n$ taken by the previous tnjslees. Studio and room hire was
£44,47812023- £35.9251 and bar ta￿.ngS £17,43812023- £4,720). Cottage ￿nt was £10,78812023 - £3.0001,
Event income fell slightly lo £12,01112023 - £15,700) mainly because of the en¢)mious assistance given by
several wonderful group8 in 2023 wanted lo help the Centre overcome short terni drfr￿u1tleS whllst
restored regul¥r trading activrfies vthich had fallen 5ignificanUy for the reasons already ouyined. Other income
wa8 £7,23812023- £8.072)
Bar costs in¢rea$ed as a consequence of the higher sales at £7,190 (2023- £4,694). Event costs reduced to
£2,14012023- £4.3081, reflecting one off nature of some of the events in 2023. Repair costs reduced due lo the
careful managemenl and maintenance the building. Staff costs reduced slightty to £15,094 {2023 - £16,359),
reffecting the change in approach adopted by the new l)oard. Utility and other operatlonal ¢0$15 were ¥lrfdy
managed and all were al expected levels.
The net rèsult w•$ net income of £21,808 for the year {2023- net expenditure of £5,527}. At 31 ￿ December
2024 the ¢hanty had unrestricted fiJnds of over £1.339 million (2023- £1.317ml. Most olthls 1$ ￿p￿sented by
the value of the Painswd( Centre tyLikling. The chaiity had ￿$h al bank and in hand of £82,027 12023 -
£58,894).
After making appropriate enquirfes. the trustees have a Te350nable exF*Ctation th* the Charlty has adequate
resources to continue sn operational existence for the foreseeable fvture. albeit at a lower level than previously.
For this reason. they C￿[nUe lo adopt the goin9 concwn in pwring Ihe financial statements.
The trustees, policy on reserves is that the charrty will bok to retain enough cash to cover at least six months
forecast eharrtable a¢livty and overhead ouffityws. This 1$ of the order of £45.CrtlO.
The trusteès keep the prinrypal risks of the eharity undef oview. One of the princtpal risk$ faGing the chanty
would be 8 significant reduction in demand for its rooms and events over the long4emi. Another would be
shortfaii in the availabilty of volunteers tQ SUPP(Kt the charity's activrties. The other prinGipa1 risk would be the
requirement for significant unanb"cipated expenditure on the fabric of the building. These principal risks are
unchanged from last year.
Page 3

THE PAINSWICK CENTRE
(A CHARITY REGISTERED IN ENGLAND & WALES. IIUMBER 301595
TRUSTEES. REPORT {￿n¢[nUed
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND IAANAGEMENT
Govornlng document
The Centre is govern￿ by a scheme dated 101h Odober 2002 as ar￿nded on 24th Apr 2018. This scheme
replaeed the original deed of Sth Deeembw 1908.
C¢JiMlltuUon
The charity 1$ a stsndard regi*ored ch¥ity.
Mothod of appolntm•nt or el•ctlon of trust•••
The Centre is run by a Committee of Manage￿￿t. This should have three elected membern, one appointed
member for each of the organisationg that use the p￿MiseS and not more than ts¥o ¢tropted mèmbers. The
membern of the committee are the managing trustees ofthe tharlty.
Thè term of office of all members ends at the end of the annual gerwal meeting fdl(Ming the date on which
they came into office. They may be ro-¢l¢d¢d ty r¢-aPPOinted.
The eleGted members must be appointed at the annual general meeb'ng. The appoint￿Ent wll be effective
from the end of the annual general meets'ng at vthich the apwintment k8 made.
Appointed rnemters must be apptynted a¢¢ording to Ihe ordinary practKe of the appointing body. An
appO￿ntment must not be made more than n￿)nthS before the annual 9t￿ra1 meelmig. The 8ppointmenl
vlll be effectfve from the latter ot.
lal the end ofthe annual general meetirs.. and
Ibl the dale on wthich the commitlee or their see￿ary crf derk ￿ InfOnn￿ ofthe appointment.
The person appointed need not be a member of the relevant appolnting body. Where an organisation
declines lo appoint a member to Ihe committee or lails to nobfy the Secretary of their appointment wlhin the
mescales prescribed in clause 22 of the scheme. fv commrttee may appolnt a member to fill the vacancy.
The appointment musl be made al a special meeting ofthe commiitee. The appoinlmenl will be effective from
the end of that meeting until the end of the following annual general meeting.
Cctropted members (of vknich there may not be more than at any timel must be appointed al a speclal
meets'ng of the committee. The aprrt)intrnent wll be effective from the end of that meeting until the end of the
fdlowing annual general meeting.
Policies adopted for th& Induction and lrnlning of trustees
The charity has developed a welcome pack and inducbjn process for r*wtrusts&s, basad on the Charity
Commission's best practKe guidelines.

THE PAINSWICK CENTRE
(A CHARITY REGISTERED IN ENGLAND & WALES. NUMBER 301595)
TRUSTEES. REPORT {continued)
FOR THE YEAR ENDED 31 DECEIIJBER 2024
Thls report was approved by the Trustees on 8 September 2025 and signed on their behaw by.
Cell Chaplln
Ch8iman and T￿￿te8
Treasurer and Tw$lee
Page 5

THE PAINSWICK CEMTRE
IA CHARITY REGISTERED IM ENGLAND & WALES. NUMBER 3D1595
INDEPENDENT EXAIAINERS. REPORT TO THE TRUSTEES OF THE PAINS￿cK CENTRE
I report on the accJJunts of the Charty for the year erKled 31 DeceFnber 2024 *thrch are set out on pages 8 10
12.
Y￿[ attention is drawn lo the fact that the Charrty has prepared the Financial Statements in accordance with
Aecounting and Reporting by Charibes preparing their accounts in accordan¢¢ wrth the Financial Reporting
Standard applicable in th8 UK and Republic of Irejand IFRS 1021 in preferencE to the Accounting and Repo￿n9
by Charib"e8." Statement of Recommended PractKe is5￿d LN) 1 Awil 2005 which 15 ￿ferred to in the extant
ulalions but has since been t*Jthdrawn.-
We understsnd that this has been done in order for the a¢courrts to provtde a true and falr vlew in accor(lance
rith the Generally Aecepted Aeeounting Practice effectNe for reportin9 periods beginning on or after 1 January
2015.
R08POCtlvo rosponslblllllos of IMto08 and examlner
The trustees are responsible for the preparat￿)n of the accounts. The trusteeg consKier that an audTt is not
required for this year under section 144121 of the Charriies Act 2011 (the 2011 Act) and that aft independent
examination 18 needed. l am qualrfied to urKlertake the examination ty being a qualified member of the
Association of Charte￿d Certified AGcwntsnts IACCAI. Having satisfied myselfthal the charity is not subject lo
audrt under ￿MpanY law and Is eI￿ll￿e for Independent examu)ab"on, rt 18 my responsibilty to..
examine the aCcO￿ts under 8ecllon 14S of the 2011 Act..
lo follow the pr￿ed￿re5 laid d17*n r¢ the genwal Dwecbons given by the Chorfty Commisslon under
tseCt￿n 14515llbl of the 2011 Act,. and
lo stsle whether partscular matters have c<>me te my attentA￿.
8a81# of ind•pèndgTht •x•mIn•￿$ r•port
My exgminalion was ¢arrled out In acctydan¢e ￿ the general Dlre¢Uon$ given by the Chaiity Commlsglon,
An examination indudes a review of the ￿ntIng records kept by the Charity and a Comparison of the
accounts piesented those ￿t0￿$. 11 also indudes consKlefation of any unusual rtems or dlsclosures in the
accounts, and Seeking explanat￿n9 from you as trustees conceming any such matters. The procedures
Ltndertaken do not provide all the evidence Ihat *￿UkI be required in an audit and eonsequentty no opinion is
given as lo whether the accounts present a and fair and ￿ report is Iwnited to those matters set out
in the $talement ￿lOw.-
Contlnued....

THE PAINSWICK CENTRE
IA CHARrrY REGISTERED IN ENGLAND & WALES. NUMBER 301595)
INDEPENDENT EXAMINERS. REPORT TO ThE TRUSTEES OF THE PAINSWICK CENTRE
..Gontinued.
Independent examinerfs statement
In connection with my examination, no matter ha5 come to my attention".
(11 which gives me a reasonable cause to believe that in any material respect the reqijirements..
to keep accounting records in accordance with section 386 of the Compantes Act 20C6,' and
to prepare accounts which ac¢ord wtth the acGounting records, comply with the a¢Gounts"ng requirernent5
of section 396 of the Companies Act 2006 and with the methods and principles of the Ststemenl of
Recommended Practsce.. Accountsng and Reporting by Charities have not been rnet.. or
121 to which. in my opinion, attention should be drawn in order to enable a proper undeTstsndlng of the
ac¢oLtnts to te reache11.
Craig Fitchett FCCA
Price D?vis Ltd
Chartered Certified Accountants
4 Mantsr Park Business Centre
M8cKenzie Way.
Swindon Village,
Cheltenham
GL51 9TX
Date.. 9th September 2025

THE PAINSMCK CEp¥fRE
IA CHARtrY REGISTERED IN ENGLAND & WALES. NUMBER 301595)
STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME
Donations
Chgritsble activitias
stud￿ 8nd r￿M hke
Events
Olher
569
10.604
44.478
12.011
7.236
35.925
15.700
8,072
63.725
59,697
Other tradW￿ Incomo
8813
Cottage
17.438
10.788
6.836
4.720
3.000
5.710
35.062
1.388
100.745
13.430
837
Investm8nl income
84,568
EXPENDITURE
Raising fun(l$
Barcosts
Event Gosts
Marketing
7,190
2.140
4,694
4.308
2,498
9,412
11,500
Charitabl• activities
Repaits & Trnew8ls
7245
18.184
6.135
4,381
530
13.595
18,017
5.584
3,997
461
Cleaning & waste
Insurance
L￿e￿Ing
36.745
41.655
Administratfve staff
Pmfessional fees
ITand coMmun￿at
Bank charges
Cvher
15.094
5,992
2,200
740
9.025
16.359
11.403
1.937
6,653
33,051
78.937
36,940
90,095
NET INCOMEI{EXPENDtTURE)
21,808
(5.5271
The notes on pages g to 11 foryn part of these finan(ial StsteM￿$.
Pdge 8

THE PAINSWICK CENTRE
{A CHARITY REGISTERED IN ENGLAND & WALES. NUMBER 301595}
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
FIXED ASSETS
Pr(weTty
Improvements
Fixtures & fftbngs
T¢)tal
CURRENT ASSETS
Stocks
Debtofs
Cash at bank and in hand
Total
CURRENT UABILITES
1.189,209
67.100
5,667
1,261,976
1.189,209
67,100
12,032
1.268,341
1.704
6.583
58,894
67.181
6.896
82.027
90,924
Credilorn: amounts fallin9 due within one year
NET CURRENT ASSET8
NET ASSETS
13,313
17,74
77.610
1.339.586
49,437
1,317.778
FUNDS OF THE CHARITY
Unrnstrbct8d ftsnd•
1.339.$86
1,317,778
The Charty's financial statements have been prepared in 8￿rdance wtth the prowsions appliGable lo the
Financial Rewting Standard appl￿ble in the UK and Republ￿ of Ireland IFRS 1021.
The financial statements apwoved and aUt1K*￿ for wue by the T￿Slee8 ond wgned on their behaff,
by..
Cerf Chaplln
Chaimian and Trustee
Treasu
r and Trustee
Dale.. 8 September 2025
The notes on pages 10 to 12 fomi part of Ihese fin8ncial slatements.
Page g

THE PA114SMCK CENTRE
(A CHARITY REG18TERED IN ENGLAND & WALES, NUMBER 3015951
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIIDED 31 DECEMBER 2024
ACCOUNTING POUCIES
1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities". Statement of Recommended Practsce applicable to tharthes preparing their a¢counts in
accordance with the Financjal Rewting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeth.ve 1 January 20151- IChariti"es SORP IFRS 10211, and the Financial Repcirting Stsndard
applicable in Ihe UK R¢pubb'c of Ireland {FRS 1021.
The Painswck Centre rr￿ts the defintt&n of a publi¢ benefft entsty under FRS 102. Assets and
liabilrtie5 are inibally recognised at histor￿ cost or transactim value unless othewse 5tsted in the
relevant accounting pcdw.
1.2 COMPANY STATUS
The Centre is govemed by a scheme date(1101h October 2002 as am8nded on 24th Apr 2018.
Thi8 stheme replaced the ownal deed of 5th December 1906.
1.3 GOING CONCERN
Th8 trustees conslderthat th•re are no materi*l uncertoinlies ab)ul the Charty'8 ability to ¢ontinue a8
• going concern.
1.4 INCOME
l income is recognised ulce the Chanty has entrtlementto the tr￿Me, li is probable thal the income
vlll be recefved. and tho 8mount of rec8b4able can be measured reliabty.
Donated services or facilities are rec(￿niSed *l)en the Charity hgs control ovèr th6 rtem, ony
condition8 88sociated with the donated item have been met. the receipt of economie benefit fvom the
use of the Charity of the item is proba￿8 and th* economic benefft Can be measured reliably. In
accordance wrth the Chanties SORP (FRS 1021, the genefal volunteer lime is not recognised., pltras•
refer to the Trustees, report for more information abtyjt their eontribution.
On ree•lpt, donated professKJnal services and donated facilities aye recognised on the basls of the
value ofthe gfft to the Charrty whith 1$ the amount the Chanty would have been wlling lo pay lo obtain
Serv￿e$ or faolkn.es of equivalent economic teneffl on Ihe open market a cOrres￿nding amount is
then recognised in eXpendrtU￿ in the perio(i of receipt.
IncoThE tax recoVera￿e in relalion to donalN)n$ receNed under Gift deeds of covenant 18
recognised at the b.me gf the donalKffl.
1.6 EXPENDITURE
Expenditure is recognised once there i8 a ￿al or cons1n￿liVe obligation to transf8r economie benefit
to a third party, it is probab￿ that a transfer of econom* benèffts wll be requiretl in settlement and
the amount of the obligation can b¢ mea¥ured relrdbty.
Costs of ralslng funds are those in¢urred in generating income and do not include the costs ol
disseminating infonnab.on in 5UPPOrt of the charitsble aclJvth"es. Charitable activities aTe the direct
costs of urKlertakn'ng the charrty's objectives. Ottw costs a￿ principalty support costs.
Page 10

THE PAINSWICK CEKfRE
IA CHARITY REGISTERED IN ENGLAND & WALES. NUMBER 301595)
NOTES TO THE FINAIICIAL STATEIIENTS
FOR THE YEAR ENDED 31 DecEMBER 2024
1.6 TANGIBLE FIXED ASs￿s AND DEPRECIATION
A review for impairment of a fixed asset is catried oul rf events or than9es in circumstancey Indicate
that the carrying value of any fixe(l asset may I￿1 be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts a￿ Tecognised as impaimienls. Impairment
losses are recognised in the Slatement of financial actNilies ￿>rpora￿.nQ income and expenditure
account.
Tangible fixed 888ets are ¢arried at cosL net of depreuabon and any provishm for impaimient.
Fixtures and ffttings are depwEciated over thalr anlicipated usefvl Ilfv. For the Cu￿ent fixtures and
rittings that is 20% straight4ine depreciakn.
1.8 DEBTORS
Trade and other deblors are re¢ognised at the sèltlement amount aftgr arty trade di$¢ounl offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
1.9 CASH AT BANK AND IN HAND
Cash at bank and In hand indudes cash and short tern highty I￿￿K1 investments wlh a short maturtty
of th￿e months or less from the dale of acquisttk>n or opening of the dèpo$il or similar account.
1.10 LIA8ILITIES AND PROVISIONS
Liabllrties are recognised when there is an Obliga￿On at the Balance sheet dale a5 a result of 8 past
event. it 1$ probable that a transfer of economic benefit will be required in settlement. and the amount
of the Settlement can be estimated relrably. Liabililies are recognised at the amount that the Charty
anticipates rt V*ill p8y to setue the debt or the amount rt has r¢¢eivtd as advanced payments for the
900ds or services It musl prowde. Provisions are measure(l at the best estimate of the amount$
required lo setue the obligalion. Wherethè èffecl ofthe time value of money is material. the provision
Is based on the present value of th08e amtsjnts, discLJunted at the pre-tsx discount rale th81 reflects
the risks specffic lo the liabihty. The un￿1nding of the discount is reecgnised w4th1n interest payab
and similar charges.
NET INCOMEIIEXPENDITUREI
This Is ststed after charging..
2024
2023
Depreclation and impaimient of tsns¥ble fixed as9ets
2,430
During the year, ￿ Trustee5 f￿1Ved any remu￿Wat1¢¥n(2o23'. nil).
During the year. no Trustees recelved any beneffts in kind {2023.' nil).
Page 11

THE PAINSbYICK GE14TrE
IA CHARITY REGISTERED IN EMGLAND a WALES, NUMBER 301595
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
TANGIBLE FIXED ASSETS
pro￿rtY IMwov￿eTrts
Fixture$ &
r￿Ing8
Total
COST OR
VALUATION
At l January 2024
isposa15
At 31 D4cgmb•r 2024
1,189,209
67,100
18.702
6,553)
12,149
1.275.011
16,5531
1,268.458
1.189,209
67.1(rf)
DEPRECIATh)N
At 1 January 2023
Cttarge for the y•ar
Dlsposals
At 31 Decemb•r 2024
6.669
2.430
6,669
2.430
(2.616)
6,483
6,483
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
1,189.209
1,189,209
67.100
67, 1C
5,867
1,281,975
7,268.342
CREDITORS: AMOUNTS FALUNG DUE VdlThlN ONE YEAR
2024
2023
Trade creditors
Oeptssil$ taken
Awuals and deferred income
5,662
1.221
6.430
13.313
7.339
1,821
17,744
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