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← Peasholme Charity

2025-03-31-accounts

Company Number 02280503

Charity Number 701265

PEASHOLME CHARITY

A company limited by guarantee and a registered charity no. 701265

ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 31 March 2025

HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

PEASHOLME CHARITY

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS page
Annual Report of the Directors and Trustees 1 to 11
Independent Examiner's Report 12
Statement of Financial Activities and Income and Expenditure Account 13
Balance Sheet 14
Notes to the Financial Statements 15 to 21

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The Directors (who are also the Trustees of the Charity and whose details are shown in the reference and administrative section of this report) are pleased to present their Annual Report together with the Financial Statements of the Charity for the year ended 31st March 2025.

The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 1st January 2019)

The Charity is a Public Benefit Entity.

Objectives and Activities

Our Mission

Peasholme Charity has a mission to end homelessness, and a vision that everyone has access to the right help at the right time to prevent the escalation of crisis situations. Peasholme Charity works with disadvantaged and socially excluded people, in particular those who are homeless or at risk of losing their home.

We address social exclusion and poverty by providing support services for people in or heading towards crisis – the charity defines ‘crisis’ as lacking security, shelter or an ability to sustain oneself.

Aims and Objectives

Peasholme Charity's purpose was set out in its objects in the company's Articles of Memorandum of Association:

“The relief of poverty, suffering and distress of persons in or about the City of York who are in need and in particular, but without prejudice to the generality of the foregoing, the relief of such of the beneficiaries who are homeless, rootless, or socially isolated for whatever reason as deemed by law to be charitable.”

Our strategic aim is that people are empowered, realise their aspirations, and achieve their full potential. Our specific aims are to:

Our aims fully reflect the purpose that the Charity was set up to further.

1

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Objectives and Activities (continued)

The focus of our work

Our main objectives and activities for the year was the provision of good quality community-based support services for disadvantaged and socially excluded people.

This was achieved through:

Our Services

My Money. My Life...

My Money. My Life…’. is a financial capability advice and support service that offers a pathway from financial instability and crisis to a more secure and stable position. The service offers a range of interventions from brief advice to community drop-ins and long term supported learning aiming to provide individuals with the skills to prevent the recurrence of crisis situations.

Our Financial Capability Coach left the charity last year to pursue other avenues, and we recruited a new Financial Capability Coach who joined us in November 2024.

Throughout the year the project has flourished and developed into a project that has strong partnership collaboration. These working relationships provide an integral source of referrals, as well as effective partners in the support of people, including budgeting support, specialist benefits and some housing advice where appropriate. Information was provided as part of the cost-of-living support activities, including within Household Support Fund information. Drop-in activities as well as appointment-based sessions are encouraged within specific venues, and through direct referral from on-site workers and volunteers. Project information is available online via Peasholme Charity’s own website

Activities in Kyra and engagement at these sessions did dip during September/December 2024 while the new starter was finding her feet. My expectation was that this would build again quickly, which is certainly the case. The service has worked with 207 clients throughout 2024 up to 31[st] March 2025. It is essential that this project continues for the foreseeable future as it has become a massive form of support for the clients that it serves.

2

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Objectives and Activities (continued)

The charity has been monitoring the sources of its referrals; ‘My Money. My Life…. And the following services have been provided:

As above, over the reporting period we have worked with 207 clients. Of these, 116 engaged in supported learning activities and 10 were fully signed off the service.

78 clients received support under the agreed measurement categories. Of these, the following positive outcomes were achieved:

In the last financial year, the charity worked with the York Clinical Commissioning Group to expand the service to meet the needs of people with mental ill-health needs; specifically, those leaving Foss Park hospital and engaging with Clarence Street Hub.

Funds received were used to meet the service costs, including a proportion of the 30 hours staff salary and a contribution towards organisational core costs.

Promote and engage with partners

Peasholme Charity has a history of working within partnerships to deliver positive change for vulnerable people.

The project works in partnership, alongside existing provision, including referring to Step Change, CAP and CAB debt advice.

The Financial Capability Coach works to avoid duplication and ensures quality of service delivery.

The project will be promoted through existing partnerships and referral arrangements including promotion of drop-in activity through Peasholme Charity social media.

3

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Objectives and Activities (continued)

Exit Strategy

As the cost-of-living crisis continue to take hold we don’t envisage an exit plan to the project. The plan is to embed the project with more funding so that is able to deliver the skills needed for our clients to be able to manage their own financial situation.

Housing/Transitional Tenancy Coach

The service provides intensive outreach support for individuals with complex needs who are rough sleeping or insecurely housed, enabling people to move from crisis situations to a place of security.

During the last reporting period, this service supported 26 individuals. The project, in-part, had to close due to a lack of funding in February 2024. With agreement from the board of trustees, some aspects of this service were supported by the charity manager with no allocated funding. We have now got the funding in place to recruit a full-time Housing/Transitional Tenancy Coach in the coming months.

To note, in the reporting period 01/04/2024-31/03/2025, the charity manager supported:

Community Advice Service

The charity continues to offer a service in partnership with York Foodbank, providing supported inperson service delivery in venues. The Advice Worker and volunteers work together to identify people in crisis for whom additional support would have a positive impact on their situation. During the last reporting period, the service helped 391 individuals / families. This continues to demonstrate a need for this service. As a reflection of need the service successfully recruited another Community Advice Worker in May 2024.

During the last reporting period, the Community Advice service provided:

The service also supported:

4

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Objectives and Activities (continued)

The Board of Trustees are very thankful to York Foodbank Trustees, management, and volunteers for their continued support of this partnership project, which included developing a multi-year fundraising application from the Trussell Trust which, has been successful, and will secure the service until July 2025.

Demand for high quality advice and support continues to grow within York Foodbank, the charity is committed to ensuring sufficient resources are allocated to this project to meet the demands of the cost-of living crisis.

The staff team work together to support each other’s wellbeing when dealing with people experiencing hardship and destitution; making effective use of staff training and external supervision.

How our activities deliver public benefit

Peasholme Charity’s principal activities are to provide services for disadvantaged and socially excluded people in York; to prevent those in danger of losing their tenancies, from becoming homeless and, for those who have become homeless, to help them settle back into accommodation in a sustainable way.

We have referred to the Charity Commission's guidance on public benefits when undertaking review and planning future activities.

Who uses and benefits from our services?

Peasholme Charity aims to be accessible to anyone in housing need and therefore does not operate any excluding eligibility criteria. Our services are primarily accessed by those presenting with multiple complex needs who need additional support to access mainstream services, including mental health and substance misuse services, and / or statutory services.

We aim to meet people at their point of need; facilitating self-referral and family signposting, home visits, working within community venues and specialist service providers to remain accessible, reduce barriers to engagement and reach those most in need.

Financial Review

The charity has been able to fulfil all its commitments and submits a satisfactory financial report.

The charity was funded through a mix of multiple year and small grants, local authority contracts and donations, this totalled £193,945.

Peasholme Charity is a small charity that relies on the support of local churches, organisations and our individual donors, we are very grateful for their loyalty and continued support.

5

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Financial Review (continued)

Future Plans and Growth

The charity will secure sufficient funds to continue the development and delivery of current services.

The charity will review its business plan focusing on the following key areas:

  1. Funding – develop multiple year funding streams that can sustain existing services and develop new areas of work. This will include adding capacity within existing services so they can continue to meet increased levels of need resulting from the cost-of-living crisis.

  2. Recruit new Trustees with specific skills to strengthen the Board and its ability to meet their responsibilities.

  3. Continue to expand the team in line with the growth of current projects within the charity.

  4. Explore further opportunities for partnership working across York

6

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Reference and administrative details

A Registered Charity – number 701265 A Company Limited by Guarantee – number 02280503 Register Name: Peasholme Charity

==> picture [469 x 391] intentionally omitted <==

----- Start of picture text -----
Working Name: Peasholme Charity
Registered Office: 25 Micklegate, YORK, YO1 6JH
Operational Address: 25 Micklegate, YORK, YO1 6JH
Mr. Richard Dixon (Chair)
Directors and Trustees: Mrs. Elain Hughes (Treasurer)
Mr. Richard Parker
Mr. Jonathon Morley
Cllr Michael Pavlovich
Mrs Elaine Kerr
Mrs Carrie Brook
Charity Manager: Ray Brown
Bankers: CAF Bank Limited, 25 Kings Hill Avenue,
Kings Hill, West Maling, KENT, ME19 4JQ
Independent Examiner: Sarah Wearing, HPH Chartered
Accountants, 54 Bootham, YORK, YO30
7XZ
----- End of picture text -----

7

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Structure, Governance and Management

The Charitable Company is limited by guarantee and itself, and its officers are governed by the Memorandum and Articles of Association dated 26 July 1988. The Company received charitable status on 8 March 1989. In the event of the Company being wound up members are required to contribute an amount not exceeding £1.

Organisational Structure

The Directors and Trustees are known collectively as the Board and they meet a minimum of 6 times a year to administer the Charitable Company, setting and monitoring the strategic direction of the Charity.

The Charity Manager and the Treasurer meet and monitor income and expenditure against the agreed annual budget, reporting to the Board.

The Charity Manager, Ray Brown, is delegated by the Trustees to manage the operations of the Charity. The Charity Manager is responsible for ensuring that the organisation delivers the services specified in the contracts that the Charity has entered and that performance indicators are met, including performance against budget.

The Charity Manager also attends Board meetings but has no voting rights. The Charity Manager is responsible for the day-to-day operational management of the Charity's projects, including staff supervision and the continued development of skills and working practices in line with good practice.

Members of the Board

Members of the Board, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out within this report.

Recruitment and Appointment of Board

Under the requirements of the Memorandum and Articles of Association the Members of the Board are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting. New Directors/Trustees are appointed by the Trustees.

Training of Directors/Trustees

All Trustees are expected to be familiar with the objectives of the Charity, the practical work of the Charity, the financial position of the Charity and the obligations of Trustees.

Trustees are appointed based on their experience in other fields and their commitment to the objectives of the Charity. New Trustees are familiarised with the work of the organisation by the Charity Manager and visits to the Charity’s projects. They are also provided with information on their obligations as Charity Trustees. All Trustees meet the expectations outlined above.

8

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Structure, Governance and Management (continued)

Risk Management

The Trustees have conducted a comprehensive risk management review; examining the principal areas of the Charitable Company’s operations and considering the major risks which may arise in the following areas:

1. Financial Resilience

2. People

3. Reputation

  1. Governance

5. Technology

6. Partnerships and Competition

In their opinion the Charitable Company has established resources and reviewed systems, which under normal conditions should allow the risks identified by it to be mitigated to an acceptable level in its dayto-day operations.

Policies and procedures to ensure the health and safety of staff, volunteers and visitors to the Charity’s premises have been reviewed and revised. Controls and procedures are in place for the authorisation of all transactions and projects.

The continued fulfilment of the objects of the Charitable Company remains dependent upon the continuation of an acceptable level of funding. Trustees have identified the risk to the Charity in this area and are working with the Charity Manager to ensure sufficient funding levels are achieved.

Investment Policy

Under the Memorandum and Articles of Association, the Charitable Company has the power to make any investments which the Trustees see fit.

Peasholme Charity holds an instant access high interest account with its bankers to maximise its income.

9

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Reserves Policy

The Board has reviewed its reserves policy and has examined the Charity’s requirements for reserves in the light of the main risks to the organisation.

The charity aims to hold unrestricted reserves at 30% of income in order to achieve the following aims:

  1. to support the costs of winding down the charity, including meeting the costs of staff redundancies and contract liabilities.

  2. to ensure sufficient cash is available to meet the costs of running the charity, including managing any gaps between funding and activity.

There are sufficient unrestricted and designated funds to continue with their plans over the next year. The unrestricted reserve increased during the financial year to £54,774. The Trustees consider this to be a satisfactory level in the short term.

Restricted funds totalling £45,064 were held at the end of the year. This is made up of funds to provide bond money for clients to secure tenancies, and to support service delivery over the coming years.

Responsibilities of the Board

Company and charity law require the directors and trustees respectively to prepare financial statements which give a true and fair view of the Charitable Company's state of affairs at the end of the year and of its financial activities for that year.

In preparing those financial statements the directors and trustees are required to:

The Directors and Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and applicable charity law. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

10

PEASHOLME CHARITY

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Provision of Information to the Independent Examiner

So far as the Directors and Trustees are aware, there is no relevant information of which the Charitable Company's Independent Examiner is unaware and we have taken all the steps that we ought to have taken as Directors/Trustees to make ourselves aware of any relevant information and to establish that the Charitable Company's Independent Examiner is aware of that information.

Independent Examiner

S B Wearing of HPH Chartered Accountants were re-appointed as the Charitable Company’s Independent Examiner during the year and have expressed their willingness to continue in that capacity.

Exemption

This report has been prepared in accordance with the small companies’ regime under the Companies Act 2006.

Approved by the Board on the 19 November 2025 and signed on its behalf by:

Mr Richard Dixon

Chair

11

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PEASHOLME CHARITY

I report to the Charitable Company’s trustees on my examination of the accounts of Peasholme Charity for the year ended 31 March 2025.

This report is made solely to the Charitable Company’s trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the Charitable Company’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 Charitable Company, the Charitable Company’s members as a body and the Charitable Company’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the Charitable Company’s trustees of the Company (and also 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 Company 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 your charity’s accounts as 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 Company 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.

Sarah Wearing, FCA, DchA HPH, Chartered Accountants 54 Bootham, YORK, YO30 7XZ

19 November 2025

12

PEASHOLME CHARITY

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

Income
Donations and legacies
3
Income from charitable activities
4
Investment income
5
Total income
Expenditure
Charitable activities
6
Total expenditure
Net income for the year
Transfers between funds
Net movement in funds
Funds brought forward at
1 April 2024
Funds carried forward at
31 March 2025
11 & 12
11 & 12
Notes		 Unrestricted
Funds
£
33,889
-
1,907
35,796
18,240
18,240
17,556
-
17,556
37,218
£ 54,774		 Restricted
Funds
£
17,040
143,016
-
160,056
139,798
139,798
20,258
-
20,258
24,806
£ 45,064		 Total
31 March
2025
£
50,929
143,016
1,907
195,852
158,038
158,038
37,814
-
37,814
62,024
£ 99,838		 Total
31 March
2024
£
55,593
123,233
1,974
180,800
170,503
170,503
10,297
-
10,297
51,727
£ 62,024

None of the Charitable Company's activities were acquired or discontinued during the accounting period. The Charitable Company has no recognised surpluses or deficits other than the surplus or deficit shown above.

The notes on pages 15 to 21 form part of these financial statements.

13

PEASHOLME CHARITY

(Company Number: 02280503)

BALANCE SHEET AT 31 MARCH 2025

Notes
Fixed assets
Tangible fixed assets
8
Debtors
9
Cash at bank and in hand
Creditors : amounts falling due
within one year
10
Net current assets
Total assets less current liabilities
Net assets
Represented by:
Unrestricted funds
11
Restricted funds
12
Total Funds
13
Current assets		 Unrestricted
funds
£
-
-
5,803
53,603
59,406
4,632
54,774
54,774
£ 54,774
54,774
-
£ 54,774		 Restricted
funds
£
-
-
13,660
90,877
104,537
59,473
45,064
45,064
£ 45,064
-
45,064
£ 45,064		 Total
2025
£
-
-
19,463
144,480
163,943
64,105
99,838
99,838
£ 99,838
54,774
45,064
£ 99,838		 Total
2024
£
-
-
16,408
83,776
100,184
38,160
62,024
62,024
£ 62,024
37,218
24,806
£ 62,024

For�the�year�ended�31�March�2025,�the�Charitable�Company�was�entitled�to�exemption�from�an�audit� under section 477 of the Companies Act 2006.

The�members�have�not�required�the�Charitable�Company�to�obtain�an�audit�of�its�financial�statements� for the year ended 31 March 2025 in accordance with section 476 of the Act.

The�directors/trustees�acknowledge�their�responsibilities�for�complying�with�the�requirements�of�the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Approved by the Trustees on 19 November 2025 and signed on their behalf by:

……………………………………. …………………………………… Richard Dixon Elain Hughes Chair Trustee

The notes on pages 15 to 21 form part of these financial statements.

14

PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

2. NET INCOME/EXPENDITURE FOR THE YEAR
Net income/expenditure for the year is stated 2025 2024
after charging: £ £
Independent Examiner's remuneration:
Statutory accounts examination 3,066 3,414
3. Unrestricted
Restricted
funds
funds
£
£
Donations and covenants
33,889
17,040
DONATIONS AND LEGACIES		 Total
2025
£
50,929		 Total
2024
£
55,593
4. In 2024 income from donations and covenants amounting to £731 related to restricted funds.
Unrestricted
Restricted
Total
funds
funds
2025
£
£
£
Grants received
-
143,016
143,016
INCOME FROM CHARITABLE ACTIVITIES		 Total
2024
£
123,233
5. In 2024 income from charitable activities amounting to £123,233 related to
Unrestricted
Restricted
funds
funds
£
£
INVESTMENT INCOME
Bank interest receivable
1,907
-		 restricted funds.
Total
2025
£
1,907		 Total
2024
£
1,974

In 2024 no investment income related to restricted funds.

15

PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

Basis of
Unrestricted
allocation
funds
£
£
6.
Costs directly allocated to activities
Staff costs
direct
-
Training and recruitment
direct
-
Other property expenses
direct
-
Other operating expenses
direct
-
Support and governance costs allocated to activities
Staff costs
staff time
13,451
Training and recruitment
usage
19
Fundraising
usage
435
Marketing
usage
119
General office costs
usage
2,704
Insurance
usage
289
Service costs
usage
413
Independent examination fees
usage
794
Accountancy fees
usage
-
Bank charges
usage
16
£ 18,240
EXPENDITURE ON CHARITABLE ACTIVITIES		 Restricted
funds
£
81,558
961
339
4,730
38,503
55
1,245
341
7,742
828
1,180
2,272
-
44
£ 139,798		 Total
2025
£
81,558
961
339
4,730
51,954
74
1,680
460
10,446
1,117
1,593
3,066
-
60
£ 158,038		 Total
2024
£
101,032
499
1,161
7,391
36,820
336
-
-
12,895
1,763
4,672
3,414
432
88
£ 170,503

In 2024, expenditure on charitable activities amounting to £170,503 related to restricted funds.

7. EMPLOYEE INFORMATION

The aggregate payroll costs of the charity for the year were as follows:

Salaries
Employer's National Insurance
Employer's pension contributions		 2025
£
122,951
4,634
5,926
£ 133,511		 2024
£
127,171
4,239
6,441
£ 137,851

The average number of employees during the year was 6 (2024 - 6). During the year no employees were paid emoluments amounting to £60,000 or more.

The key management personnel of the charity comprise the trustees. The total employee benefits of the key management personnel of the charity were £nil (2024 - £nil).

16

PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

8. FIXED ASSETS

Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Charge for year
Disposals
At 31 March 2025
Net Book Value
At 31 March 2025
At 31 March 2024		 Unrestricted
Restricted
funds
funds
Total
£
£
£
1,410
33,411
34,821
-
-
-
-
-
-
1,410
33,411
34,821
1,410
33,411
34,821
-
-
-
-
-
-
1,410
33,411
34,821
£ -
£ -
£ -
£ -
£ -
£ -
Office equipment, fittings & furniture

All Fixed Assets are used in the furtherance of the Charity's objects.

9. DEBTORS

Trade debtors
Prepayments
Accrued income		 Unrestricted
funds
£
-
3,523
2,280
£ 5,803		 Restricted
funds
£
13,660
-
-
£ 13,660		 Total
2025
£
13,660
3,523
2,280
£ 19,463		 Total
2024
£
13,397
2,731
280
£ 16,408

17

PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

10. CREDITORS, falling due within one year

Unrestricted
funds
£
Trade creditors
73
Taxes and social security
-
Accrued expenditure
4,548
Deferred income
-
Other creditors
11
£ 4,632
In 2024, Creditors of £Nil related to restricted funds.
Deferred income - Monies received in advance
Balance at 1 April 2024
Released in the period
Deferred in the period
Balance at 31 March 2025
11. UNRESTRICTED FUNDS
Current year
Fundraising
£
Balance at 1 April 2024
-
Income
-
Expenditure
-
Transfers between funds
-
Balance at 31 March 2025
£ -
Comparative year
Fundraising
£
Balance at 1 April 2023
-
Income
-
Expenditure
-
Transfers between funds
-
Balance at 31 March 2024
£ -		 Restricted
Total
funds
2025
£
£
-
73
-
-
-
4,548
59,473
59,473
-
11
£ 59,473
£ 64,105
2025
£
29,556
(29,556)
26,250
26,250
PRC
General fund
£
£
-
37,218
-
35,796
-
(18,240)
-
-
£ -
£ 54,774
PRC
General fund
£
£
-
33,890
-
56,836
-
-
-
(53,508)
£ -
£ 37,218		 Total
2024
£
3,595
2,159
2,850
29,556
-
£ 38,160
2024
£
21,290
(21,290)
29,556
29,556
Total
£
37,218
35,796
(18,240)
-
£ 54,774
Total
£
33,890
56,836
-
(53,508)
£ 37,218

The General fund represents the free funds of the Charitable Company which are not designated for a particular purpose.

18

PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

12. RESTRICTED FUNDS

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Current year Restricted Next My Money. Bond Hub Woodworking Community Hardship
Donations Steps My Life… Money Coordinator Project Advice Service Fund Total
£ £ £ £ £ £ £ £ £
Balance at 1 April 2024 - - 21,052 538 - - - 3,216 24,806
Income 3,750 - 84,771 - - 2,000 69,495 40 160,056
Expenditure (3,888) - (61,696) - - - (74,114) (100) (139,798)
Transfers - - - - - - - - -
Balance at 31 March 2025 £ (138) £ - £ 44,127 £ 538 £ - £ 2,000 £ (4,619) £ 3,156 £ 45,064
Comparative year Restricted Next My Money. Bond Hub Woodworking Community Hardship
Donations Steps My Life… Money Coordinator Project Advice Service Fund Total
£ £ £ £ £ £ £ £ £
Balance at 1 April 2023 378 4,483 10,891 538 24 423 - 1,100 17,837
Income 3,316 13,000 66,272 - - 8,478 30,398 2,500 123,964
Expenditure (3,715) (51,452) (56,111) - (24) (16,023) (42,794) (384) (170,503)
Transfers 21 33,969 - - - 7,122 12,396 - 53,508
Balance at 31 March 2024 £ - £ - £ 21,052 £ 538 £ - £ - £ - £ 3,216 £ 24,806
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Restricted donations

Smaller donations expressly given for a defined purpose.

Next Steps

Funds for outreach service for rough sleepers.

Surviving Winter

Providing financial and practical support to clients over the winter months.

My Money. My Life…

Funds for the delivery of a financial capability supported learning project.

Bond Money

Hub Coordinator

Funds for the delivery of the Homeless Hub project.

Woodworking Project (Previously known as Hull Road Project) Provides an opportunity for multiple excluded people to engage in meaningful activity in the form of woodworking.

Community Advice Service

Funds for the delivery of support activities via the Community Advice Service

Hardship Fund

Providing relief to people impacted by poverty, including food, utilities and other practical suport.

Money to enable deposits to be paid to landlords in order to secure tenancies for clients.

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PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS

31 March 2025
General fund
Restricted funds
31 March 2024
General fund
Restricted funds		 Tangible fixed
assets
£
-
-
£ -
Tangible fixed
assets
£
-
-
£ -		 Current
assets
£
59,406
104,537
£ 163,943
Current
assets
£
45,822
54,362
£ 100,184		 Current
liabilities
£
(4,632)
(59,473)
£ (64,105)
Current
liabilities
£
(8,604)
(29,556)
£ (38,160)		 Total
£
54,774
45,064
£ 99,838
Total
£
37,218
24,806
£ 62,024

14. PENSION ARRANGEMENTS

The Charity operates a defined money purchase scheme for the benefit of specific employees.

15. TRANSACTIONS WITH TRUSTEES, CONNECTED PERSONS AND RELATED PARTIES

The Directors/Trustees of the Charity do not receive any remuneration or benefits by virtue of being a Director/Trustee and were not reimbursed for any expenses (2024 - £nil).

There were no related party transactions in the year (2024 - £nil).

16. TAXATION

As a registered charity, Peasholme Charity is exempt from the tax on income and gains falling within sections 466 to 493 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Company.

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PEASHOLME CHARITY

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025

17. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

Income
Donations and legacies
Income from charitable activities
Investment income
Total income
Expenditure
Charitable activities
Total expenditure
Net income/(expenditure)for the year
Transfers between funds
Net movement in funds
Funds brought forward at
1 April 2023
Funds carried forward at
31 March 2024		 Unrestricted
Funds
£
54,862
-
1,974
56,836
-
-
56,836
(53,508)
3,328
33,890
£ 37,218		 Restricted
Funds
£
731
123,233
-
123,964
170,503
170,503
(46,539)
53,508
6,969
17,837
£ 24,806		 Total
31 March
2024
£
55,593
123,233
1,974
180,800
170,503
170,503
10,297
-
10,297
51,727
£ 62,024		 Total
31 March
2023
£
9,292
117,688
562
127,542
157,924
157,924
(30,382)
-
(30,382)
82,109
£ 51,727

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