Company No: 02486564 People In Action REPORT AND CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 March 2024 llllN *AD181RKI• 1811212024 COMPANIES HOUSE A27
11
Muras Baker Jone$ Llmlted Chartered Accountants Wolverhampton
People in Action INDEX For the year ended 31 March 2024 PAGE Report of the Directors (including Strategic report) Report of the Audltors Consolidated Statement of Flnanclal Actlvltles 10-. 11 Consolldated Statement of Flnanclal Posltlon 12 Charitable Company Statement of Financial Posltlon 13 Consolidated Statement of cash Flows 14 Notes to the Flnanclal Statements
People in Action REPORT OF THE DIRECTORS The trustees are pleased to present their annual directors, report together with the consolidated financial statements of the charity and its subsidiaries for the year ended 31 March 2024 which are also prepared to meet the requirements for a dlrectors, report and accounts for Companies Act purposes. The financial statements comply wlth the Charitles Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charitles.. Statement of Recommended Practice applicable to charitses preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). REFERENCE AND ADMINISTRATIVE DETAILS Charlty name: People In Actlon Charity number: 702885 Company number: 2486564 Prlnclpal Office: St David's Way Bermuda Pgrk Nuneaton CVIO 7SD DIRECTORS AND TRUSTEES The company Is a reglstered charlty and the direttors are Its trustees for the purpose of charlty law and throughout this report are collectively referred to as the Directors. The Dlrectors set out below have held offlce durlng the whole of the perlod from l Aprll 2024 to the date of this Report unless otherwise stated. MrJWHunt Ms S J Morris Ms J Seton (resSgned 12 August 2023) Ms L A Bonnar MrMJCox Mrs Y Hunter (reslgned 8 August 2023) COMPANY SECRETARY J Reeson (reslgned 12 August 2023) D Sumner, R Odedra, J Reeson, C Hardyi C Robbins, A Marchewka, D Page & K Randle SENIOR MANAGEMENT TEAM AUDITORS: Muras Baker Jones Llmlted Regent House Bath Avenue Wolverhampton WVI 4EG BANKERS: Barclays Bank PLC POBoxNo2 25 High Street Coventry CVI 5QZ
People in Actlon REPORT OF THE DIRECTORS continued STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document People In Action is a company incorporated in England, limlted by guaranteei governed by Its Memorandum and Articles of Association dated 29 March 1990 as amended 26 July 2004. It was registered as a charity with the Charity Commission on 10 May 1990. The company currently has four members who in the event of the company belng wound up are required to contribute an amount not exceeding £25. Recrultment and appolntment of Trustees and Induction and training The dlrectors of the company are also charlty trustees for the purposes of charity law and under the company's Articles are known as the Board of Dlrectors (the Board). The Board can durlng the year appolnt a member to fill a vacancy or as an addltlon (as long as the maximum number of 13 is not exceeded). Any such Board member shall only hold office untll the next general meeting, but shall be eligible for re-electlon. At each Annual General Meetlng one thlrd of Board members, or the number nearest to one thlrd, shall be subject to retlrement by rotatlon, A Board member who retires at an Annual General Meetlng may, If willingi be re-elected. The minimum number of trustees shall not be less than three. In an effort to malntaln a broad mlx of skllls, the make up of the Board Is revlewed at least once a year and Indivlduals wlll be approached to offer themselves for electlon or organlsatlons wlll be asked to conslder whether they have an Indlvldual who w511 be wllllng to do thls. When considering.appolntlng trustees, the Board has regard to the requirements for any speclalist skills needed. New Board members attend an Inductlon meetlng to famlllarfse themselves wlth the charlty, the legal context within which it operates, and thelr responsibilities. All Board members are regularly updated with Informatlon pertlnent to thelr role as directors and on matters relatlng to the operatlon of the charity. Organisation People In Actlon has four volunteer non-executlve trustees/dlrectors, who along wlth the Senlor management (as detailed on page l) are responsible for the overall runnlng of the organlsation. Thls group formulates the policy and dlrectlon of the organisation, and are the key management team for the organisation. Three Operation Managers and a Quality and Development Lead are responsible for the Implementatlon of policy development on new seniices and the Internal monitoring of current services. Servlce Managers are dlrectly responslble for managlng thelr Indlvldual services on a day to day basls. Subsidiary companles People in Action Retall Llmlted contlnues operating a cafe in Bedworth, providing a hub for the local community along with an on-site garden project. The site opened in 2014, serving vegetarian rneals and offering volunteering opportunities for those Involved with the charity.
People in Action REPORT OF THE DIRECTORS continued Employees The sklll. and commitment of our staff is the bedrock to our services users. Development focuses on tralning and the achievement of qualificatlons such as NVQ'S. With regard to dlsables persons, the Charity's policy is to give full and fair consideration to applications for employment by disabled people having regard to their particular aptitudes and abilities. As always, we express our appreciatlon to all our staff teams and supporters. 'Investment Pollcy The company reserves are invested In fixed assets funded by bank borrowlngs. Cash funds to meet day to day expenses are held Sn UK bank accounts. OBJECTIVES AND ACTIVITIES The objects of the Company are to promote relief for adults with learning disabilitles and mental health problems who need addltional support. In planning our actlvities for the year we kept in mind the Charity Commission's guidance on public benefit at our Trustee Meetings. We provlde a learnlng experience for people in a varlety of environments. We can provlde residentlal care which Includes accommodatlon, we operate supportlng livlng servlces where people can be supported In thelr own homes and tenancles, we offer a respite service where people can take short breaks, as well as communlty and leisure support. We operate two garden projects where individuals can learn horticultural skills, an assessment servlce, and services for challenging and rnultiple disabilities. ACHIEVEMENTS AND PERFORMANCE People In Actlon contlnues to be affected by the polltlcal environment, and being almost wholly Council related work has no leverage on the prices that can be achleved, and even less on cost increases Imposed such as Minimum Wagei pensions, NatSonal Insurance and regulatory cost Increases in the year. Revlew of 2023124 Once again we would like to thank all members of staff for thelr continued support and efforts, which enable us to contlnue to support our customers. Followlng on from two years of various COVID impacted operations, the 22/23 financial year saw People In Actlon Improve Internal processes and compllance. Followlng on from an inspettlon of one of our propertles in February 2022, our regulator (The CQC) published thelr report In May 2022 rating one of our services as "Inadequate" and placlng it In special measures. Consequently, the organlsation was in constant communication wlth various stakeholders with the sole alm of addressing issues and concerns. This took several months wlth support Internally from multlple staff members, and external bodies/agencies. Following a re-inspection the CQC were satisfied with the changes implemented and rated the service as "requires irnprovernent" and lifted any measures in place. The organisation took pragmatic approach and revlews systems and processes across the buslness. Resources were put towards ensuring our seNicps and properties were in line with compliance and a full overhaul of internal processes was undertaken with the sole aim of compliance and transparency. During this financlal year we moved from our long-standing Head Office In Bedworth to a new bullding in Nuneaton, which was purchased outright in March 2023. The move was one we envisaged due to rising rental costs, and the purchase of the building on St Davids Way ensures People in Action's operational viability for years to come. With tight moving Lleadlines in place, work was completed in a matter of months and in August 2023, with acknowledgement to all staff teams involved in the move, we had fully moved over into our new Head Office.
People in Action REPORT OF THE DIRECTORS continued Following an organisational restructure, efficiencies have been made in our day to day operations by job role absorptlon within the Senior management team, allowing us to further Improve our worklng methods. Further developments In rota management systems have taken place and will continue In the future, where People in Action fully embrace technology to keep us at the forefront as an innovative care provider. Our training department saw an overhaul of current systems, moving towards a blended learning approach embracing online training solutions. Our Day Opportunities contlnue to thrlve. Our Increased capacity for sessions at our new office aldlng, along with a National Lottery grant of £40,000 to improve our offerings. Our day to day care provislons contlnued, and followlng on from a number of years of restrlctlons varlous activities, day trips and holidays for our customers which were not prevlously possible were achieved during this financial year.. FINANCIAL REVXEW Detalls of the flnanclal posltlon of the Charlty are set out In the followlng accounts which have been prepared In accordance wlth the Charfties SORP (FRS 102). The accounts comply with all the current statutory requirements and wlth the requirements of the Charlty's governlng Instrument. Results for the year For the year ended 31 March 2024 total Incomlng group resources amounted to £11,224,690 a marglnal Increase on the previous year. After deducting resources expended of £11,369,574 net outgoing resources amounted to £144,884 {2023 - Net Incoming resources of £585,253). other key perfomiance Indicators such as occupancyi Staff hours and agency hours are contlnually monltored. This checks actuallagency hours correlate with contracted hours and total income, to ensure best use of resources. Other key Indicators are health and well-belng Indicators and staff retentlon levels. People Sn Actlon.contlnues to work wlth vulnerable Indlvlduals In a variety of clrcumstances, from domlclliary support to residentlal accommodation, day services and work based opportunitles in garden centres and our café. We take pride.in offering in house training to all current staff and new starters, and we stand apart from the majority of providers In provlding our staff wlth full employment contracts as opposed to zero hour contracts evident elsewhere. We believe In provlding a quality service to all customers and our valued staff and will through strateglc analysis and initiatives resume our financial security in the near future. Reserves policy Details of General Reserrfes of the company are shown in Note 19 to the financial statements. The Trustees have examined the requirement for free reserves which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise commltted. The directors consider that glven the high level of funds Invested in fixed assets a pollcy based on free reserves Is not appropriate. It Is the policy of the charity to maintain a general fund reserve that equates to ten percent of the previous year's. income (£l.I million) to ensure sufficient funds are retalned to meet any potential liabilities, Group General Reserves of approximately £4.8 million, excluding revaluations, were held at 31 March 2024.
People In Action REPORT OF THE DIRECTORS continued PLANS FOR FUTURE PERIODS The Trustees along wlth the Dlrector Team contlnue to explore all opportunlties for future growth and development of the organisation, which fit into the ethos of providing a quallty servlce to those we support and the organisations strategy to attract, retain, developi and promote the best people. Plans to rebrand and relaunch Content Care to enable us to capture new opportunlties have been put on hold for the time being, as the landscape of care locally and natlonally are ever changing. Continuing investment into our services and staff teams is crucial for the organisation. The purchase of a new office building represents flnancial due diligence which wlll allow our office based staff teams to work more efficiently and grow our day opportunlties and trainlng programmes. RISK MANAGEMENT The company carries out an ongolng review of all Major potential rlsks to whlch It may be exposed. Senior management meet on an eight week basls In order to discuss any matters that arlse, along wlth quarterly Governance meetings open to varlous levels wlthin the organisatlon. Financial rlsks are managed by the preparatlon of budgets and monthly management accounts, together with appropriate control procedures. Other rlsks are managed by such procedures as health and safety reviews, customer care and best value revlews. STATEMENT OF DIRECTORS, RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS Charlty and Company Law requlres the Dlrectors to prepare financial statements for each financial year whlch glve a twe and falr vlew of the state of affalrs of the charity at the end of the financlal year and of its surplus or deflcit for the financSal year. In preparlng those Financial Statements the Directors are requlred to: select sultable accountlng policles and then apply them conslstently; make sound Judgements and estimates that are reasonable and prudent; and prepare the financlal ststements on the golng concern basls unless It Is Inapproprlate to presume that the company wlll continue In buslness. The Directors are responslble for malntalnlng proper accountlng records which disclose wlth reasonable accuracy at any tSme the flnancial position of the company and whlch enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safegLJarding the assets of the company and hence for taking reasonable steps for the preventlon and detection of fraud and other Irregularitles. In accordance wlth company law, as the company's dlrectors, we certlfy that: so far as we are aware, there is no relevant audit information of which the company's auditors are unaware; and as the dlrectors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that Informatlon. TAXATION STATUS In the opinion of the Dirertors the charity Is exempt from taxation In accordance wlth the provisions of the Income and Corporation Taxes Act 1988.
People in Action REPORT OF THE DIRECTORS continued AUDITORS Messrs. Muras Baker Jones Limited have signified their willingness to contlnue in office and a resolution to re-appoint them as Auditors will be proposed at the forthcomlng Annual General Meeting. Approved by the Board on 16 December 2024 and slgned on its behalf by: JWHUNT Dlrector
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF PEOPLE IN ACTION Oplnlon We have audited the financial statements of People in Actlon (the'parent charitable company.) and its subsldiaries (the 'group') for the year ended 31 March 2024 whlch comprise Consolidaled Statement of Financlal Activitles (including Consolidated Income and Expenditure Account), the Consolidated and Parent Charltable Company Statement of Financial Position, the Consolidated Cash Flow Statement and the related notes to the financial statements, Including a summary of significant accounting policle5. The financlal reportlng framework that has been applied In thelr preparation Is appllcable law and United Klngdom Accountlng Standards, Includlng Flnanclal Reportlng standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practlce). In our oplnion the financial statements: glve a true and fair view of the state of the group's and parent charltable company's affairs as at 31 March 2024, and of the group's Incomlng resources and appllcatlon of resources, Includlng Its Income and expendlture, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practlce; and have been prepared In accordance wlth the requlrements of the Companles Act 20Q6 and the Charities Art 2011. Basls for oplnlon We conducted our audit In accordance wlth Internatlonal Standards on Audltlng (UK) (ISAS (UK)) and applicable law. Our responslbllltles under those standards are further descrlbed In the Auditor's responslbilities for the audlt of the financial statements sertlon of our report. We are Independent of the group and parent charitable company In accordance with the ethical requlrements that are relevant to our audlt of the financlal statements In the UK, Includlng the FRC'S Ethlcal Standard, and we have fulfilled our other ethlcal responslbllltles In accordance wlth these requlrements. We believe that the audlt evidence we have obtained Is sufficient and approprlate to provlde a basls for our oplnlon. Coneluslons relatlng to goFng con¢ern We have'nothlng to report In respect of the followlng matters In relation to whlch the ISAS (UK) requlre us to report to you where: the trustees, use of the golng concem basls of accountlng In the preparatlon of the flnanclal statements Is not approprlate; or the trustees have not disclosed in the financlal statements any Identified materlal uncertalnties that may cast slgnlflcant doubt about the group's or parent charltable company's abillty to contlnue to adopt the 9olng concern basis of accountlng for a period of at least twelve months from the date when the flnanclal statements are authorlsed for Issue. other Informatlon The trustees are responslble for the other Snformatlon. The other Informatlon comprises the Information Included In the dlrectors, annual report, other than the ftnanclal statements and our audltor's report thereon. Our oplnlon on the financlal statements does not cover the other information and, except to the extent othernise explicltly stated in our report, we do not express any form of assurance conclusion thereon. In connection wlth our audit of the financlal statements, our responslblllty Is to read the other Infomatlon and, In dolng so, consider whether the other information Is materially inconsistent with the financial statements or our knowledge obtalned In the audlt or othernise appears to be materlally mlsstated. If we identify such material inconsistencles or apparent materlal misstatements, we are required to determine whether there is a materlal misstatement In the financlal statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a materlal mlsstaternent of thls other information, we are requlred to report that fact. We have nothlng to report In thls regard. Oplnlons on other matters prescrlbed by the Companies Act 2006 In our oplnlon, based on the work undertaken In the course of the audlt". the informatlon given In the directors report (incorporating the strateglc report) for the financlal year for whlch the financial statements are prepared is consistent with the financial statements; and the strateglc report and the dlrectors, report have been prepared In accordance wlth applicable legal requlrements.
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF PEOPLE IN ACTION CONTINUED Matters on which we are required to report by exception En the light of our knowledge and understanding of the group and parent charitable company and its envlronment obtained in the course of the audlt, we have not Identifled material mlsstatements In the strateglc report and the directors, report. We have nothing to report In respect of the following matters In relation to which the Companies Act 2006 and the Charitles Act 2011 requires us to report to you If, In our opinion: adequate and sufficient accounting records have not been kept by the parent charitable company* or returns adequate for our audit have not been received from branches not visited by us. or the parent charltable company's flnancial statements are not In agreement wlth the accountln9 records and returns. or certain disclosures of directors, remuneration specified by law are not made. or we have not recelved all the Information and explanations we require for our audit. Responslbllltles ol trustees As explalned more fully in the dlrectors, responsibilities statement set out on page 5, the trustees (who are also the dlrertors of the charltable company for the purposes of company law) are responslble for the preparatlon of the financial statements and for belng satlsfled that they glve a true and fair view, and for such Internal control as the trustees determine is necessary to enable the preparatlon of flnanclal statements that are free from material rn155tatement, whether due to fraud or error. In pparIng the flnanclal statements, the trustees are responslble for assesslng the group's and parent charltable company's ablllty to contlnue as a golng concern, dlscloslngi as appllcable, matters related to going concern and using the going concern basls of accountlng unless the trustees either Intend to liquldate the group or the parent charitable company or to cease operatlons, or have no rea115tic alternative but to do so. Audltor's responslbllltles for the audlt of the finan¢lal Statemerbts We have been appointed auditor under the Companies Act 2006 and report in accordance wlth thls Att, Our objectlves are to obtaln reasonable assurance about whether the fSnanclbl statements as a whole are free from material misstatement, whether due to fraud or error, and to Issue an audltor's report that includes our opinlon. Reasonable assurance is a hlgh level of assurance, but Is not a guarantee that an audlt conducted In accordance wlth ISAS (UK) wlll always detett a materlal mlsstatement when It exlsts. Misstatements can arlse from fraud or error and are consldered material If. Sndlvldually or in the aggregate, they could reasonably be expected to Influence the economlc declslons of users taken on the basls of these financial statements. Irregularltles, Includlng fraud, are Instances of non-compllance wlth laws and regulatlons. We deslgn procedures In line with our responsibilities, outlined above, to detect materlal mlsstaternents In respect of Irregularlties, Including fraud. The extent to which our procedure5 are capable of detecting Irregularltles, Includlng fraud Is detailed below: In plannlng and deslgnlng our audlt tests we Identlfy and assess the rlsks of materlal mlsstatement wlthln the flnanclal statements, whether due to fraud or error. Our assessment of these risks includes consideratlon of the nature of the industry and sector, the control environment and the charity performance along with the results of our enquiries of management about thelr own identification and assessment of rlsks and Irregularitles. In common wlth all audits under ISAS (UK), we are also required to perform speclfic procedures to respond to the risk of management override. We also obtalned an understanding of the legal and regulatory framework5 that the charltable company operates In, focuslng on provlslons of those laws and regulatlons that had a dirert effect on the'determlnatlon of material amounts and disclosures in the financial statements, The key laws and regulations we considered In this context included the UK Companies Act, Charitles Act, UK tax legislation and other laws and regulation5 identified as rlsk areas Identlfled from our dlscusslons wlth management. We communicated relevant identified laws and regulations and potential fraud risks to all engagement team members including internal specialists, and remalned alert to any Indlcations of fraud or non-compliance with laws and regulatlons throughout the audlt. After conslderation of the above risks we then carried out audit procedures including the following: performlng analytlcal pmcedures to identlfy any unusual or unexperted relauonshlps that rnay Indlcate risks of material misstatement due to fraud.
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF PEOPLE IN ACTION CONTINUED readin9 minutes of trustees meetings. reviewing correspondence with H M Revenue & Customs. enquiring of management and reviewing any correspondence wlth legal advlsors concernlng actual and potential litigation and claims; reviewlng the financlal statement dlsclosures and testing to supportlng documentation to assess compliance wlth provislons of relevant laws and re9ulatlons described as havlng a direct effect on the financial statements. in addressing the rlsk of fraud through management override of controls, testing the appropriateness of Journal entrles and other adjustments; assessing whether the Judgements made In maklng accountin9 estimates are Indicative of a potential blas; and evaluating the business ratlonale of any slgniflcant transattlons that are unusual or outslde the nomial course of business. There are Inhent Ilmitations In our audit procedures described above. The more removed that the laws and regulatlons are from financlal transactions the less Ilkely it Is that we would be aware on non-compliance. Auditing standards also limlt the audit procedures requlred to Identify non-cornpliance wlth laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, If any. Material mlsstatements that arlse due to fraud can be harder to detect than those that arlse from error as they may Involve dellberate concealment or colluslon. A further descriptlon of our responslbilitles for the audit of the financial statements is located on the Financial keporting Councll's web51te at www.frc.org.uvaudltorsre5ponslbllities. Thls descrlptlon forms part of our audltor's report. Use of our report This report Is made solely to the charltable company's trustees, as a bodyi In accordance with Part 4 of the Charities (Accounts. and Report5) Regulatlon5 2008. Our audlt work has been undertaken so that we mlght state to the Charitable company's trustees those matters we are requlred to state to them In an audltor's report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responsibllity to anyone other than the charitable company and the Charitable company's trustees as a bodyi for our audit work, for this report, or for the opinlons we have formed. Ollver Ross Bsc (Hons) FCA (Senlor Statutory Auditor) For and on behalf of Muras Baker Jones Llmlted Chartered Accountants and Statutory Auditors Regent House Bath Avenue Wolverhampton WVI 4EG 16 December 2024
People in Action CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING CONSOLIDATED INCOME AND EXPENDITURE ACCO.UNT) For the year ended 31 March 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total funds 2024 Total funds 2023 Notes INCOMING RESOURCES Incomlng resources from generated funds Voluntary Income: Donations and sundry Income 9,236 40,000 49,236 34,648 Actlvltles for 9eneratlng fundg: Fees for the provlslon of care and nursing Income from cafe Interest recelved 7a 7b 144,574 38,095 144,574 38,095 167,858 20,538 Incomlng resources from Charitable actlvltles: Grants and Fees for provlslon of care and accommodation 10,992,785 10,992,785 10,950,208 TOTAL INCOMING RESOURCES 11,184,690 40,000 11,224,690 11,173,252 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary Income 17,707 17,707 16,428 Costs for the provlslon of care services 7a 254 254 29,390 Costs for the operatlon of cafe 7b 197,125 197,125 199,810 Goodwill amortisation 12 51,158 215,086 215,086 296,786 Charitable artivltles 11,154,488 11,154,488 10,291,213 TOTAL RESOURCES EXPENDED 11,369,574 11,369,574 10,587,999 io
People In Actlon CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES continued (INCLUDING INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 Notes NET INCOMING/ (OUTGOING) RESOURCES FOR THE YEAR (184,884) 40,000 (144,884) 585,253 TOTAL FUNDS AT I APRIL 2023 4,996,759 4,996,759 4,411,506 RESERVE TRANSFERS TOTAL FUNDS AT 31 March 2024 19 4,811,875 40,000 4,851,875 4,996,759 The statement of financial activltles Includes all galns and losses in the year. The resources and expenditure Sn relation to the provlslon of care and nursing derive from dlscontinuing activities. All other Incoming resources and resources expended derive from continuing artlvltles. 11
People in Action CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 March 2024 Note 2024 2023 FIXED AsSs Tangible Fixed Assets 11 5,211,221 5,072,046 CURRENT ASSETS Stocks Debtors Cash at Bank and In Hand 2,500 874,016 1,888,029 1,026 867,357 2,142,094 14 15 2,764,545 3,010,477 CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR Bank Loans & Overdrafts All Other Credltors 16 17 56,197 1,995,880 50,862 1,907,158 2,052,077 1,958,020 CURRENT ASSErs 712,468 1,052,457 TOTAL ASss LESS CURRENT LIABILITIES CREDITORS - AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 5,923,689 6,124,503 18 {36,430) (92,360) NEf ASSETS 5,887,259 6,032,143 Represented by: GENERAL UNRESTRICTED. FUND kESTRICTED FUNDS REVALUATION RESERVE 19 19 20 4,811,875 40,000 1,035,384 4,996,759 1,035,384 5,887,259 6,032,144 The financial statements were approved by the Board on 16 December 2024 and signed on its behalf by: J W.HUNT Director Company Registration No. 02486564 12
People in Action CHARITABLE COMPANY STATEMENT OF FINANCIAL POSXTION At 31 March 2024 Note 2024 2023 FIXED ASSETS Tangible Fixed Assets Investment In subsldlary 11 13 5,210,666 5,070,534 5,210,666 5,070,534 CURRENT ASss Debtors due within one year Cash at Bank and in Hand 14 1,244,912 1,842,788 1,302,592 1,931,476 3,087,700 3,234,068 CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR Bank Loans & Overdrafts All Other Cred itors 16 17 56,197 2,070,006 50,862 1,933,217 2, 126,203 1,984,079 NET CURRENT ASss 961,497 1,249,989 TOTAL ASSEfs LESS CURRENT LIABILITIES CREDITORS - AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 6,172,163 6,320,523 18 (36,430) (92,360) NET ASSErs 6,135,733 6,228,163 Represented by.. RESERVE FUNDS RESTRICTED FUNDS REVALUATION RESERVE 19 19 20 5,060,349 40,000 1,035,384 5,192,779 1,035,384 6,135,733 6,228,163 The flnanclal statements were approved by the 8oard on 16 December 2024 and slgned on Its behalf by: JWHUNT Director Company Registration No. 02486564 13
People in Action CONSOLIDATED STATEMENT OF CASH FLOWS For the year ended 31 March 2024 2024 2023 Note Cash flows from operating actlvltles Surplus for the year (144,884) 585,253 Adjustments for.. Depreciation OF tangible assets Goodwill amortisation Other interest receivable and similar income Interest payable and similar charges Losses/ (gains) on dlsposal of tanglble assets Accrued (income)/expenses Changes In." Stocks Trade and other debtors Trade and other creditors 84,634 42,159 51,158 (20,538) 9,378 (38,095) 7,764 (35,168) (67,775) (1,473) 8,630 108,600 989 54,270 12,394 Cash generated from operatlons {9,992) 667,288 Interest paid Interest recelved {7,764) 38,095 (9,378) 20,538 Net cash from operating actlvltles 20,339 678,448 Cash flows from investlng actlvltles Purchase of tanglble assets Proceeds from sale of tangible assets (223,809) {1,303,695) Net cash used In Investing activities (223,809) (1,303,695) Cash flows from flnanclng actlvltles Repayments of secured bank loans (50,595) (49,054) Net cash from financing actlvlties (50,595) (49,054) Net Increase/ (decrease) In cash and cash equlvalents Cash and cash equlvalents at beginning of year (254,065) 2,142,094 (674,301) 2,816,395 Cash and cash equlvalents at the year end 15 1,888,029 2,142,094 14
People In Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 STATEMENT OF COMPLIANCE These flnancial statements have been prepared In compllance with FRS 102, 'The Financlal Reporting Standard applicable in the UK and the Republic of Ireland,. ACCOUNTING POLICIES (a) BASIS OF PREPARATION The financlal statements have been prepared in accordance wlth Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charlties preparlng thelr accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)), the Flnancial ReportSng Standard applicable In the UK and Republic of Ireland (FRS 102) and the Companles Act 2006. The statement of financial activities (SOFA) and balance sheet consolidate the financial statements of the charity and its subsidiary undertaklng. The results of the subsldlarles are consolldated on a Ilne by line basis. People in Action meets the definition of a public benefit entity under FRS 102. Assets and Ilabilities are initially recognised at historlcal cost or transaction value unless otherwlse stated In the relevant accounting policy notes. The.directors have assessed whether the use of the going concern basis Is appropriate and have considered possible events or condltions that might cast significant doubt on the abSllty of the charity to continue as a golng concern. The trustees have made ihls assessment for a period of at least one year from the date of approval of the financial statements. In particular, the trustees have considered the charity's forecasts. and projections and have taken account of pressures on Income generatlon. The trustees have concluded that the charlty has adequate resources to contlnue In operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis In preparlng Its financial statements. (b) COMPANY STATUS The charlty Is a prlvate companyi registered in England (company number 02486564), and is limlted by guarantee, The members of the company are the trustees named on page l. In the event of the charlty being wound Upi the Ilablllty In respect of the guarantee is limited to £25 per member of the charity. (c) FUND ACCOUNTING General Unrestricted Funds comprlse accumulated surpluses on General Funds. They are available for use at the discretion of the Directors in furtherance of the charlty's objectives. Deslgnated Funds are those funds allocated from the General Fund for partlcular purposes or projerts at the discretion, and wlth the approval, of the Directors. Restricted funds are those funds to be used for speciflc purposes as lald down by the donor. Expenditure which meets these criteria is charged to the fund, together wlth a fair allocation of management and support costs. 15
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 (d) INCOMING RESOURCES Voluntary income including donations, gifts, legacies and grants that provide core fundlng or are of general nature are recognised where there is entitlement, certainty of recelpt and the amount can be measured with sufficient rellability. Such income is only deferred when: the donor speclfies that the grant or donation must only be used In future accounting periods; or the donor has Imposed condltions whlch must be met befo the charity has unconditional entitlement. Investment Income is recognlsed on a receivable basls. Income from charitable activities includes income received under contract or where entitlement to grant fundlng is subject to specific performance conditions is recognised as earned as the related services are provlded. Donated services and facilities are included at the value to the charlty where this can be quantified. The value of serrfices provlded by volunteers has not been included In these flnancial statements, (e) RESOURCES EXPENDED Expenditure Is recognised on an accruals basls as a 1Sability Is incurred. Expendlture includes irrecoverable VAT, which Is reported as part of the expendlture to which it relates. Costs of generatlng funds comprlse the costs assoclated wlth attractlng voluntary Income... Charitable expenditure comprises those costs Incurred by-the charity sn the delivery of Its actlvitles and services. It Includes both costs that can be allocated dlrectly to such activities and those costs of an Indlrect nature necessary to support them. All costs are allocated between the expenditure categories of the SOFA on a basis deslgned to reflect the use of the resource. Costs relatlng to a particular actlvity are allocated directly. others are apportioned on an appropriate basis. (f) CAPITALISATION AND DEPRECIATION OF TANGIBLE FIXED ASSETS The company wlll capitallse Items of equlpment where thelr expected useful Ilfe Is more than one year. Tangible fixed assets are inltlally recognised at cost which Is the purchase price plus any dlrectly attributable costs, and are subsequently measured at cost less accumulated depreclation and impalrment, Depreciation is Calculated to write off the cost less estimated residual value of Fixed Assets over thelr estimated useful lives at the followlng annual rates: Motor Vehicles Equlpment Mobile Home 330/0 330/0 Straight Line Stralght Llne/200/0115 % 1330/0 reduclng balance Straight Line Short leasehold property Is depreclated over the lease perlod. No depreclatlon Is provided on Freehold or Long Leasehold Properties. It is the policy of the charity to maintain Its properties in a contlnual state of sound repalr and to extend and make improvements thereto from time to time. Accordinglyp the Oirectors consider that the lives of such propertles are so long and resldual values a so high that their depreciation is insignlficant and immaterial. Any permanent dimlnution in the value of such properties is charged to the Profit and Loss Account as appropriate. 16
People in Actlon NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 (g) GOODWILL Goodwill arlsing on the acquisition of subsidiary undertakings, representing the excess of the fair value of the consideration given over the fair value of the Identifiable assets and liabilities acquired, Is capitalised and written off on a straight line basis over its useful economlc life of 5 or 10 years. (h) IMPAIRMENT OF ASSETS At each reportlng date the Company revlews the carrylng value of Its assets to determlne whether there is any indication that those assets have suffered an impairment loss. If any such indication exists the recoverable amount of the asset Is estimated in order to deterrnine the extent of the impairment loss. The recoverable amount of an asset Is the hlgher of falr value less costs to sell and value in use. Value in use is the present value of the future cash flows expected to be derived from the asset, or cash generating unit. The present value calculation Involves estimating the future cash Inflows and outflows to be derived from continuSng to use the asset, and from Its ultimate disposal, applying an appropriate discount rate to those future cash flows. Where the recoverable amount of an asset is less that the carrying amount, an Impalrment loss is recognlsed immediately in profit or loss. An impairment loss recognised for all assets Ss reversed in a subsequent per5od If, and only If, the reasons for the Impalrnient loss have ceased to apply. Impalrment losses are charged to proflt or 105s In adrn5nistration expenses. PENSION COSTS ContrSbutlons payable to penslon schemes are charged to the Proflt and Loss Account In the perlod to which they relate. (i) OPERATING LEASES Rentals payable under Operatlng Leases are charged on a stralght line basls over the terms of the Leases. INCOME Income arises from: 2024 2023 Provislon of servlces Sale of goods Interest received Other operating income 10,992,785 10,950,208 144,574 167,858 38,095 20,538 49,236 34,648 11,224,690 11,173,252 17
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 OTHER OPERATING INCOME 2024 2023 Donations and Sundry income Grant income received 9,236 40,000 34,648 INTEREST PAYABLE AND SIMILAR CHARGES 2024 2023 On Bank Loans and Overdrafts 7,764 9,378 NET INCOMING/(OUTGOING) RESOURCES FOR THE YEAR 2024 2023 These are stated after charging Depreclatlon of Owned Tanglble Flxed Assets Depreciation of Leasehold Property (Profit)/Loss on disposal of Flxed Assets Auditors, Remuneration and other services Hlre of Other Assets Property Rentals Vehicles and Equlpment 40,047 44,587 2,733 39,426 19,950 339,668 41,958 24,500 453,057 56,055 18
People in Actlon NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 7a. INCOME AND COSTS FOR THE PROVISION OF CARE AND NURSING 2024 2023 Fees recelved for the provision of care and nurslng Other operating Income 293 293 2,191 2,191 Cost of sales Admlnistratlve expenses 254 29,390 Expenditure Incurred for the provision of care and nurslng (254) (29,390) Surplus/(Deficlt) for the year 39 (27,199) 7b. INCOME AND COSTS FOR THE CAFE 2024 2023 Café Incorne Other operatlng Income 144,574 59 144,633 167,858 12 167,870 Cost of sales Administrative expenses 52,339 144,786 60,058 139,752 Expenditure Incurred on: Cafe (197,125) (199,810) Deflclt for the year (52,492) (31,940) 19
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 ANALYSIS OF RESOURCES EXPENDED Voluntary Income Charitable activities 2024 2023 staff and Agency Support Premises costs Provlsion and household expenses Legal and Professional Insurance Depreciation, (Profit)ILoss on disposals Motor and Travel costs Bank Interest Telephone Recruitment and Tralnlng General Repalrs Offlce and Mlscellaneous Bad debts 5,707. 9,466,942 564,991 263,858 105,081 57,674 9,472,649 564,991 263,858 105,081 57,674 8,818,552 617,894 253,816 60,748 51,698 83,677 50,042 7,764 53,786 92,399 164,455 244,233 (414) 83,677 50,042 7,764 53,786 92,399 164,455 256,233 (414) 41,140 70,619 6,035 46,489 60,877 101,934 239,354 (61,515) 12,000 17,707 11,154,488 11,172,195 10,307,641 staff and agency support costs Include £8,560 governance costs included within charltable activltles (2023 £9,642). Legal and professional costs ir)clude £18,000 governance costs withln charltable actlvltles (2023 £17,000). Total £26,560 (2023 - £26,642). Resources expended for the provision of the subsldlarles care services and cafe are detalled separately In notes 7a and 7b. 20
People In Actlon NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 EMPLOYEE INFORMATION The average number of persons employed by the group durfng the year was as follows: 2024 2023 No Management and Admlnlstration 379 388 The aggregate payroll costs of these persons were as follows.. 2024 2023 Wages and Salaries Social Security Costs other Pension Costs 8,282,485 708,132 154,575 7,795,401 655,439 139,601 9,145,192 8,590,441 The number of employees receiving emoluments in excess of £60,000 were:. 2024 2023 No Taxable emoluments band: £60,000 - £70,000 £70,000 - £80,000 The employees whose emoluments exceed £60,000 durSng the year ended 31 March 2024 also had retirement benefits accruing under a defined benefit pension Scheme. No Dlrector received any remuneratlon from the charity (2023 - £NII). The senlor management team disclosed on page I recelved emoluments of £415,457 durlng the year ended 31 March 2024 (2023 - £368,818). io. TAXATION The charitable company is exempt from corporation tax on Income and gains falling wlthin section 505 of Taxes Act 1988 or Section 256 of Taxation of Chargeable Gains Art 1992, to the extent that these applled to the charitable objects. No tax charges have arisen In the charlty. 21
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 ii. TANGIBLE FIXED ASS5 Motor vehicles & mobile home GROUP Short leasehold property Freehold property Equipment Total COST: At l April 2023 Addltlons Dlsposals 575,470 4,897,508 111,681 72,758 231,032 112,128 (26,907) 5,776,768 223,809 (94,108) (67,201) At 31 March 2024 508,269 500,189 72,758 316,253 5,906,469 ACCUMULATED DEPRECIATION; At l Aprll 2023 charge.for the year Dlsposals 404,157 44,587 (67,201) 72,019 185 228,546 39,862 (26,907) 704,722 84,634 (94,108) At 31 March 2024 381,543 72,204 241,501 695,248 NET BOOK VALUE: At l Aprll 2023 171,313 4,897,508 739 2,486 5,072,046 At 31 March 2024 126,726 5,009,189 554 74,752 5,211,221 22
People in Actlon NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 ii. TANGIBLE FIXED ASSETS continued Motor vehicles & mobile home CHARITABLE COMPANY Short leasehold property Freehold property Equipment Total COST.. At l April 2023 Additions Disposals 575,470 4,897,508 111,681 64,444 228,715 112,128 (26,907) 5,766,137 223,809 (94,108) (67,201) At 31 March 2024 508,269 5,009,189 64,444 313,936 5,895,838 ACCUMULATED DEPRECIATION: At l April 2023 Charge for the year Dlsposals 404,157 44,587 (67,201) 64,444 227,002 39,090 {26,907) 695,603 83,677 (94,108) At 31 March 2024 381,543 64,444 239,185 685,172 NEf BOOK VALUE: At l Aprll 2023 171,313 4,897,508 1,713 5,070,534 At 31 March 2024 126,726 5,009,189 74,751 5,210,666 23
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 12. GOODWILL ON CONSOLIDATION COST At l April 2023 and 31 March 2024 448,332 AMORTISATION At l April 2023 Charge for the year 448,332 At 31 March 2024 448,332 BOOK VALUE At 31 March 2023 At 31 March 2024 The goodwlll arose on the acqulsltlon of Chartervllle Care at Home Llmlted on 24 February 2012, the acquisition of Core Business & Communlty Support Ltd on 7 November 2014 and the acquisitlon of People In Action Retall Llmlted on 7 October 2015 (see note 13). 24
People in Action NOTES TO THE FINANCXAL STATEMENTS For the year ended 31 March 2024 13, INVESTMENT IN SUBSIDIARY COMPANIES 13A CHARTERVILLE CARE AT. HOME LIMITED The Investment at 31 March 2024 in part represents the whole of the Issued Share Capital of Charterville Care at Home Limited. The company is reglstered in England (company number 04015898) and has its registered office at St Davlds Way, Bermuda Park, Nuneaton, CVIO 7SD. The subsidiary was acquired on 24 February 2012,. and was prlmarily used for the provlslon of care servlces in Oxfordshlre. The company has now ceased trading. Goodwill of £187,812 arose on consolidation between the fair value of the fixed assets acquired and the purchase price of £480,900 (see note 12). Net book value in note 12 at 31 March 2024 Is £nll (2023 £nll). Income and expendlture of the subsidiary for the year ended 31 March 2024 Is Included In note 7a together with income and expenditure of its own subsidiary, Content Care Limited. Both companies ceased trading during the prevlous year. A summary of the balance sheet of Chartervllle Care at Home Llmited at 31 March 2024 Is shown below". 2024 2023 Assets Llabilitles 86,000 172,304 (1,129,765) (1,216,005) (1,043,765) (1,043,701) Represented by: Share capltal Profit and loss account 1,002 1,002 (1,044,767) (1,044,703) Net Ilabllitles (1,043,765) (1,044,703) 25
People In Actlon NOTES TO THE FZNANCJAL STATEMENTS For the year ended 31 March 2024 13B PEOPLE IN AcfIoN RETAIL LIMITED The investment at 31 March 2024 also includes the whole of the issued share capltal of People in Action Retail Limited. The company is registered In England (company number 02908041) and has its reglstered office at St Davids Way, Bermuda Park, Nuneaton, CVIO 7SD. The subsldlary was acquired on 7 November.2014 and was used for the provision of consultancy services to facilltate care at home in Haddenham. The company ceased providing these services during 2019 and instead undertook to run the Café in Bedworth which had been established by People Sn Action. Goodwill of £89,998 arose on consolidation between the fair value of the fixed assets acquired and the purchase prlce of £90,000 (see note 12). Net book value in note L2 at 31 March 2024 is £nil (2023 - £nil). Income and expenditure of the subsidiary for the year ended 31 March 2024 is included In note 7b. A summary of the balance sheet of the subsldiary at 31 March 2024 Ss shown below: 2024 2023 Assets Liabi lities 48,393 (296,984) 62,184 (258,282) (248,591) (196,098) Represented by: Share capital Profit and loss account (248,593) (196,100) Net IlabSlltles (248,591) (196,098) 26
People In Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 13C CONTENT CARE LIMITED During the year ended 31 March 2016, one of the Charity's subsldiarles, Chartervllle Care at Home Llmlted, purchased the whole of the Issued share capital of Content Care Llmlted. The company is registered in England (company number 05688399) and has its registered office at St Davids Wayi Bermuda Park, Nuneaton, CVIO 7SD. The subsidiary was acqulred on 7 October 2015 and was primarlly used for the provislon of care services In Oxfordshire. The company has now ceased tradlng. Goodwill of £170,522 arose on consolidatlon between the fair value of the fixed assets acquired and the purchase price of £263,725 (see note 12). Net book value In note 12 at 31 March 2024 Is £nll (2023 £nil). Income and expenditure of the subsldiary for the year ended 31 March 2024 Is Included In note 7a aggregated with that of Chartervllle Care at Home Limited. A summary of the balance sheet of the subsldiary at 31 March 2024 is shown below: 2024 2023 Assets Liabllities 87,382 104,043 (16,763) 87,382 87,280 Represented by: sha capital Profit and loss account loo 87,282 loo 87,180 Net assets 87,382 87,280 13D CHARITABLE COMPANY COST At l April 2023 and 31 March 2024 570,900 IMPAIRMENT At l April 2023 Charge for the year 570,900 At 31 March 2024 570,900 NEf BOOK VALUE At 31 March 2023 At 31 March 2024 27
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 14. DEBTORS Group 2024 Charitable Company 2024 2023 2023 Trade Debtors Other Debtors and Prepayments Amount due from group undertaklng 779,274 94,742 745,209 122,148 779,274 94,091 745,209 126,150 371,547 431,233 874,016 867,357 1,244,912 1,302,592 15. CASH AND CASH EQUIVALENTS Group 2024 2023 Cash and cash equivalents comprlse the followlng: Cash at bank and In hand 1,888,029 2, 142,094 16. BANK LOANS AND OVERDRAFrs The charltable company bank loans are secured. The loans total £92,627 (2023 - £143,222.). 17. CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR Group 2024 Charltable Company 2024 2023 2023 Trade Creditors Amount due to group undertaklng Social SecurSty Costs and Other Taxation other Creditors Accruals 169,856 199,950 165,145 191,318 86,827 331,426 851,657 642,941 303,806 805,758 597,644 326,335 851,657 640,042 303,806 805,758 632,335 1,995,880 1,907,158 2,070,006 1,933.217 28
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 18. CREDITORS - AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR Group 2024 Charitable Company 2Q24 2023 2023 Bank Loans 36,430 92,360 36,430 92,360 36,430 92,360 36,430 92,360 Included In the above are the fo.Ilowing: Amounts repayable by instalments but not wholly repayable wlthin five years: Charitable Company 2024 2023 Repayable wlthln one to two years Repayable within two to five years Repayable after five years 36,430 50,862 41,498 92,627 92,360 The bank loan Is secured and Interest Is charged at a flxed rate of IV2% above the bank base rate. It is wholly repayable wlthin five years. 19. RESERVE FUNDS GROUP General funds Deslgnated Restrlcted funds funds Total At l April 2023 Surplus/(deficlt) for the year 4,996,759 (184,884) 4,996,759 (144,884) 40,000 At 31 March 2024 4,811,875 40,000 4,851,875 CHARrrABLE COMPANY General funds Designated Restrlcted funds funds Total At l Aprll 2023 Surplus/(deficlt) for the year. 5,192,779 (132,430) 5, 192,779 (92,430) 40,000 At 31 March 2024 5,060,349 40,000 5,100,349 The Stricted funds were reiVed to improve the provision of Day Opportunlties. 29
People in Action NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 20. REVALUATION RESERVE The charities freehold properties are included at deemed cost of £3,575,000 based on a market valuation at 10 June 2016. Thls is £1,035,384 greater than the origlnal cost of acquisition. At l April 2023 and 31 March 2024 1,035,384 21. CAPITAL COMMITMENTS At 31 March 2024 the group had no capital commitments (2023 none). CONTINGENT LIABILITIES 22. There were no contlngent liabllltles as at 31 March 2023. 23. OTHER FINANCIAL COMMITMENTS At 31 March 2024 the group was commltted to making the followlng payments under non- cancellable operating leases: Land and bulldlngs 2024 2023 Other 2024 2023 Operatlng Leases whSch expire: Wlthln one year Within two to five.years After five years 38,500 91,458 59,500 129,959 11,763 22,565 11,763 34,328 129,958 189,459 34,328 46,091 24. PENSION COMMITMENTS The company contributes to personal pension schemes, the local government pension scheme, and the NHS Penslons Agency. The assets of the schemes are held separately from those of the company In Independently admlnlstered funds. The pension cost charge detailed In Note 8 represents contributions payable by the company to the schemes. At 31 March 2024 contrlbutlons totalling £70,544 were outstanding to the funds (2023 - £61,410). 30
People in Artion NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 25. RELATED PARTY TRANSACTIONS Indemnity insurance was taken out during the year in SpeCt of directors and officers. The cost of this insurance was £4,870 (2023 - £6,710). Amounts due to/from People in Action from/to group undertakings are disclosed In note 14 and 17. £1,129,765 (2023- £1,216,005) is due from Charterville Care at Home Limited against which a provision of £1,042,500 was made at 31 March 2024 and £284,282 {2023 - £242,861) Is due from People in Action Retall Llmited. In addltlon, £86,827 is due to Content Care Limited (2023 £14,868 due from). 26. ULTIMATE CONTROL The ultlmate control of the charltable company rests wlth Its members. 31