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 p￿parIng 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 Inhe￿nt 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 AsS￿s
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 ASs￿s 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 ASs￿s
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 ASs￿s
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 ASS￿5
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 re￿iVed 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