2025-03-31-accounts - PIPS Hope & Support Limited

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Company Registration Number: NI 609642 Charity Number: NIC102127

PIPS Hope & Support Ltd {A company limited by guarantee, not having a share capital} Annual Report and Audited Financial Statements for the financial year ended 31 March 2025

Daly Park & Company Ltd Chartered Accountants and Registered Auditors 6 Trevor Hill Newry Co. Down BT34 1DN Northern Ireland

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PIPS Hope & Support Ltd (A company limited by guarantee, not having a share capital) CONTENTS

	Page
Reference and Administrative Information	3
Directors' Annual Report	4-6
Statement of Directors' Responsibilities	7
Independent Auditor's Report	8-10
Statement of Financial Activities	11
Balance Sheet	12
Accounting Policies	13
NotestotheFinancialStatements	14-17

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PIPS Hope & Support Ltd (A company limited by guarantee, not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION

Directors

: : Chairperson

Patricia Trainor Eain Duffy Louise Mary Campbell Tracy Tookey Geraldine McIntyre lan Sutherland

Eoin Duffy

Society Secretary

Patricla Trainor

Charity Number in Northern l[reland

NIC102127

Society Number Registered Office and Principal Address

NI 609642

50 Mill Street Newry Co. Down BT34 2DE Northern Ireland

Auditors

Daly Park & Company Ltd Chartered Accountants and Registered Auditors 6 Trevor Hill Newry Co. Dawn BT34 1DN Northem Ireland

Principal Bankers

First Trust Bank 42-44 Hill Street Newry Co.BT341AU Down Northern lreland

PIPS Hope & Support Ltd (A company limited by gquarantec, not having a share capital} DIRECTORS' ANNUAL REPORT for the financial year ended 31 March 2025

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The directors present their Directors’ Annual Report, combining the Directors' Report and Trustees’ Report, and the audited financial statements for the financial year ended 31 March 2025, The financial statements are prepared in accordance with the Companies Act 2006, FRS 02 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Directors’ Report contains the information required to be provided in the Directors’ Annual Repart under the Statement of Recommended Practice (SORP) guidelines. The directors of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of trustees.

In this report the directors of PIPS Hope & Support Ltd present a summary of its purpose, governance, activities, achievements and finances for the financial financial year 31 March 2025. The campany is a registered charity and hence the report and results are presented in a form which complies with the fe Practicerequirementsfor of theSmaller CompaniesEntities Act(the 2006FRSSE)and, although(effective 1notJanuary obliged to2015), complythe with theorganisation Statementhas ofimplemented Recommendedits recommendations where relevant in these financial statements.

Review of Activities, Achievements and Performance

; ;

Itis both a privilege and an honour to present the 22nd Annual Report of PIPS Hope and Support Ltd in my capacity as Chairperson.

As | reflect on the past year, | am consistently struck by the breadth, depth, and quality of what we have achieved. Our impact has been significant - delivered by a small but extraordinarily dedicated team that continues to exceed expectations in meeting the complex and evolving needs of our community. A review of our programmes highlights the wide array of individua! and group services we provide. These are not only diverse but also responsive - crafted with care to ensure they are relevant, accessible, and impactful. Of particular note js the strong rate of return among service users for further training and development opportunities in the areas of mental health and wellbeing. This trend is a powerful endorsement of the trust placed in our services and of the effectiveness of our approach in supporting personal growth and resilience. a None of these outcomes would be possible without the collective effort of an exceptional group of individuals and partners. On behalf of the Board of Trustees, | extend my sincere gratitude to our staff, Counsellors, Facilitaters, Trainers, Supervisors, sessional workers, and volunteers. | also wish to acknowledge the invaluable support of our funders and the local communities who believe in our mission and sustain our work through their continued engagement, with| wouldthe alsosupport like toof recognisea professional the criticaland leadershipcompassionate of our Chiefteam, Executive,our organisation Seamuscontinues McCabe.to Underdeliver his guidance,services fo andan exemplary standard, This is consistently reflected in the feedback we receive from those we support - both formally and informally. . | must also pay tribute to my fellow Board members. The strategic leadership and oversight they provide is fundamental to the continued strength of PIPS Hope and Support. Their regular engagement - through monthly and often weekly meetings - and their broad mix of professianal expertise and lived experience ensure that our governance remains strong, responsive, and aligned to the challenges and opportunities we face. | would particularly like to highlight the contribution of qur volunteers and sessional workers within our Counselling and Suicide Bereavement Advisory Panel & Befriending services. These teams represent the heart of our direct support model. Their compassion, time, and professionalism enable us to deliver timely, person-centred care to those in crisis. We remain deeply grateful for their commitment.

Looking forward to 2025/26, we are excited by the launch of our new social enterprise initiative: the WELL Bean Café. This project represents a bold and innovative step farward. It will not only create employment and training pathways for those on a recovery journey but will also generate sustainable income ta support the continued delivery of our WELL Bean Crisis Café, In partnership with organisations like Action Mental Health, we hope to create structured apprenticeship and employment opportunities that support long-term mental health recovery and community reintegration.

Aligned with our long-term strategic objectives, we also plan to expand our WELL Bean (Crisis) Café model into the Portadown area. A proposed location adjacent to the Craigavon Area Hospital site would allow us to increase accessibility for individuals in crisis across a broader region.

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PIPS Hope & Support Ltd {A company limited by guarantee, not having a share capital) DIRECTORS’ ANNUAL REPORT

for the financial year ended 31 March 2025 ; As we look to the future with ambition and determination, we are also mindful of the financial challenges that continue to affect the voluntary and community sector. Ongoing budget constraints and the wider implications of austerity measures have created a climate of uncertainty. While the careful stewardship of our leadership team has ensured that we remain resilient and well-positioned, we do so with a clear understanding that our current stability cannot be assumed or taken for granted.

We are deeply aware of the growing demand for our services at a time when funding is increasingly constrained, Several af our peer organisations have already been forced to reduce or cease operations, leaving significant gaps In local service provision. In this challenging context, the continued support of our funders and stakeholders has been nothing short of[vital.][Their][ belief][in][our][work][ empowers][us][to][persevere][and][adapt][in][the][face][of][ adversity.] As you read this report, | encourage you to explore the full extent of the work undertaken in 2024/2025. It offers not only a detalled account of our service delivery but a powerful testament to the compassion, professionalism, and unwavering commitment that define PIPS Hope and Support.

On behalf of the entire Board, thank you for your continued trust and support, We move forward together - with purpose, with determination, and with hope,

Financial Review . The financial statements are presented in the standard format required by the Companies Act 2006 and the Charities SORP. The Statement of Financial Activities (SOFA) shows the gross income from all sources.

Financial Results At the end of the financial year the company has assets of £572,904 (2024 - £593,351) and liabilities of £70,982 (2024 - £56,368). The net assets of the company have decreased by £(35,061). Reserves Position and Policy ; It is the policy of the charity that liquid unrestricted reserves which have not been designated for a particular purpose should be maintained at a level to ensure that, in the event of a significant drop in funding, we will be able to sustain the charity's current activities while consideration is given to ways in which additional funds may be raised. It is a strategic objective of the charity to hold a minimum unrestricted liquid reserves fund amounting to 6 months of running costs, which would enable the charity to sustain in challenging times and continue to operate without other sources of income. The Trustees regularly review the level of liquid reserves held by the charity and consider opportunities to apply them in line with, and in furtherance of, its charitable objectives. Reference and Administrative details ChairpersonSecretary PatriciaEoin Duffy Trainor Treasurer Louise Campbell

Directors The directors who served throughout the financial year, except as noted, were as follows: Patricia Trainor Eoin Duffy Louise Mary Campbell Tracy Tookey Geraldine McIntyre lan Sutherland In accordance with the Constitution, the directors retire by rotation and, being eligible, offer themselves for re-election.

The secretary who served during the financial year was:

Patricia Trainor

Compliance with Sector-Wide Legislation and Standards The company engages pro-actively with legislation, standards and codes which are developed for the sector. PIPS Hope & Support Ltd subscribes to and is compliant with the following: - The Companies Act 2006

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PIPS Hope & Support Ltd

{A company limited by guarantee, not having a share capital) DIRECTORS’ ANNUAL REPORT

for the financial year ended 31 March 2025

The Auditors

Daly Park & Company Lid, (Chartered Accountants), were appointed auditors by the directors; to fill the casual vacancy and they have expressed their willingness to continue in office in accordance with the provisions of Section 495 of the Companies Act 2006.

Approved by the Board of Directors on 18 July 2025 and signed on its behalf by:

Tres (onwas “On, Weta Patricia Trainor Director

L-E\ DOLLAvy Eoin Duffy Director

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PIPS Hope & Support Ltd {A company limited by quarantee, not having a share capital} STATEMENT OF DIRECTORS' RESPONSIBILITIES

for the financial year ended 31 March 2025

The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Campany law requires the directors ta prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the net income or expenditure of the company for that period.

In preparing these financial statements, the directors are required to: - select suitable accounting policiés and apply them consistently; - observe the methods and principles in the Charities SORP -- statemake judgementswhether the andfinancialaccountingstatementsestimateshave thatbeen arepreparedreasonablein accordanceand prudent;with applicable; accounting standards, identify those standards, and note the effect and the reasons for any material departure from thase standards; and
- prepare the financial statements on the going concern basis unless it is inappropriate fo presume that the company will continue in operation.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the campany and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the directors are aware:

there is no relevant audit information (information needed by the company's auditor in connection with preparing the auditor's report) of which the company's auditor is unaware, and
- the directors have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company’s auditor is aware of that information. ,

Approved by the Board of Directors on 18 July 2025 and signed on its behalf by:

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Giles eco “Wein
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Patricia Trainor Director

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INDEPENDENT AUDITOR'S REPORT to the Members of PIPS Hope & Support Ltd (A company limited by quarantee, not having a share capital}

Report on the audit of the financial statements

Opinion|

We have audited the company financial statements of PIPS Hope & Support Ltd (‘the company’) for the financial year ended 31 March 2025 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and notes to the financial statements, including the summary of significant accounting policies set out in note . The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland* and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.

In our opinion, when reporting in accordance with a fair presentation framework the financial statements: ~ give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its deficit for the financial year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical respansibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern In auditing the financial statements, we have concluded that the directors' use of the going concem basis af accounting In the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concem are described in the relevant sections of this report.

Other Information The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our repart, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated, If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives tise to a material misstatement in the financial statements themselves. lf, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. .

Opinion on other matter prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: - the information given in the Directors’ Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the Directors' Annual Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception In the light of our knowledge and understanding of the company and ils environment obtained in the course of the audit, we have not identified material misstatements in the Directors’ Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept; or - the financial statements are not in agreement with the accounting records and returns, or - certain disclosures of directors' remuneration specified by law are not made; or - the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemption in preparing the Directors' Annual Report. : a

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. INDEPENDENT AUDITOR'S REPORT to the Members of PIPS Hope & Support Ltd (A company limited by guarantee, not having a share capital) Responsibilities of directors for the financial statements ; The directors are responsible for the preparation of the financial statements and for being satisfied that they give a : true and fair view, and for such intemal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concer, disclosing, as applicable, matters related ta going concern and using the going concem basis at accounting unless management either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

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Auditor's responsibilities for the audit of the financial statements ye : Our objectives are to obtain reasonable assurance about whether thg finangial.statements ag a,wholé are free. from. material misstatement, whether due to fraud or error, and to Issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with iSAs (UK) will always detect a material misstatement when it exists. Misstatements can arlse from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations, We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Further information regarding the scope of our responsibilities as auditor ; As part of an audit in accordance with ISAs {UK}, we exercise professional judgement and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the , whether due to fraud or error, design and perform audit procedures responsive to those risks, and abtain audit evidence that Is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omisslans, misrepresentations, or the
x override of internal contral. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal contral. ; ;
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and - related disclosures made by directors, : - Conclude on the appropriateness of the directors’ use of the going concen basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. if we conclude that a material uncertainty exists, we are required to draw attention in our Auditor’s Report to the related disclosures in the financial statements or, if such disclosures are inadequate, ta modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor's Report. However, future events or conditions may cause the the company to cease to continue as a going concer. ;
- Evaluate the overall presentation, structure and content of the financial statements, including the d isclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

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INDEPENDENT AUDITOR'S REPORT to the Members of PIPS Hope & Support Ltd

{A company limited by guarantee, not having a share capital}

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

The purpose of our audit work and to whom we owe our responsibilities

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state te them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Darragh Gotter FCA (Senior Statutory Auditor} for and on behalf of

DALY PARK & COMPANY LTD

Chartered Accountants and Registered Auditors 6 Trevor Hill Newry Co. Down BT34 1DN Northern lreland

18 July 2025

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PIPS Hope & Support Ltd

(A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) for the financial year ended 31 March 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Total|Unrestricted|Tatal| |Funds|Funds|Funds|Funds| |2025|2025|2024|2024| |Notes|£|£|£|£| |Incoming|Resources| |Voluntary|Income|2.1|272,622|272,622|{98,716|198,716| |Charitable|activities| |-|Grants|from|governments and other co-funders|2.2|424,663|424,663|467,719|467,719| |Total|incoming|resources|697,285|697,285|666,435|666,435| |Resources|Expended| |Raising|funds|3.1|11,163|11,163|26,322|26,322| |Charitable|activities|3.2|721,183|721,183|757,761|757,761| |Total|Resources|Expended|732,346|732,346|784,083|784,083| |Net incoming/outgoing|resources before|transfers|(35,061)|(35,061)|(117,648)|(117,648)| |Gross|transfers|between|funds|us|=|5|s| |Net movement|in funds for the|financial year|(35,061)|(35,061)|(117,648)|(11 7,648)| |Reconciliation|of funds:|:| |Tatal|funds|beginning|of the year|13|536,983|536,983|654,631|654,631| |Total funds|at|the|end|of the year|501,922|501,922|536,983|536,983|

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The Statement of Financial Activities includes all gains and losses recognised in the financial year. Allincome and expenditure relate to continuing activities.

8 The notes on pages 14 to 17 form part ofthe financlala statements 11

PIPS Hope & Support Ltd

(A company limited by guarantee, not having a share capital) Company Number: Ni 609642 BALANCE SHEET

as at 31 March 2025

;			2025	2024
	Notes		£	E
Fixed Assets Tangibleassets	g		232,693	238,903
Current Assets Debtors Cash atbankand in hand	410	;	4,735 338,476	1,606 352,842
			340,211	354,448
Creditors: Amounts fallingduewithinoneyear	14		(70,982)	(56,368)
NetCurrentAssets			269,229	298,080
TotalAssets lessCurrentLiabilities			501,922	536,983
Funds General fund (unrestricted}			501,922	536,983
Totalfunds	13		501,922	536,983

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006,

Approved by the Board of Directors and authorised for issue on 48 July 2025 and signed on its behalf hy

Podorrcs O weenor . Patricia Trainor Director Eoin Duffy Director

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a ee The notes on pages 14 ta 17 form part of[the][financial][statements] 12

PIPS Hope & Support Ltd {A company limited by guarantee, not having a share capital} ACCOUNTING POLICIES for the financial year ended 31 March 2025 ;

Basis of preparation . The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and Part 8 of the Charities Act (Northern Ireland) 2008. They also comply with the Charities SORP (effective January 2015) and with the financial reporting standards. The following accounting policies have been applied consistently In dealing with items which are considered material in relation to the company's financial statements.

Cash flow statement The company has availed of the exemption in FRS 1 from the requirement to produce a cash flow statement because itis classified as a small company.

Incoming Resources ; . Voluntary income or capital is included in the Statement of Financial Activities when the company is legally entitled ta it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate receipt. Entitlement to legacies is considered established when the company has been notified of a distribution to be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred income until eamed. Grants for activities are recognised as incame when the related conditions for legal entitlement have been met. All other income is accounted for on an accruals basis.

Resources Expended

All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities, Non-staff costs not attributed to one category of activity are allocated or apportioned pro-rata to the staffing of the relevant service. Finance, HR, IT and administrative staff costs are directly attributable to individual activities by objective. Gavernance costs are those associated with constitutional and statutory requirements.

Tangible fixed assets and depreciation oo, Tangible fixed assets are stated at cost or at valuation, Jess accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: Land and buildings freehold - 2% Straight line Fixtures, fittings and equipment - 20% Straight line TaxationDeferred tax is recognised in respect of all timing differences that have originated. but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temparary differences between the company's taxable income and its results as stated in the financial statemenis. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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PIPS Hope & Support Ltd {A company limited by guarantee, not having a share capital} NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

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GENERAL INFORMATION

PIPS Hope & Support Ltd is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is 50 Mill Street, Newry, Co. Down, BT34 2DE, Northern Ireland which is also the principal place of business of the company The financial statements have been presented in Pound (£) which is also the functional currency of the campany.

2. 2.1	INCOME DONATIONSAND LEGACIES		Unrestricted Funds	Unrestricted Funds	Restricted Funds	2025	2024
				E	£	£	E	.
	PublicHealthAgency Action Menial Health Newry& Mourne DistrictCouncil-Amortised		Grant	51,518 72,811 821	- “ -	51,518 72,811 821	49,035 72,984 821
	Income Main Grants CDHN SHSCT -WB Cafe			53,401 2,400 91,671	- - -	53,401 2,400 91,671	29,757 9,600 36,519
				272,622	-	272,622	198,716
2.2	CHARITABLE ACTIVITIES			Unrestricted Funds £	Restricted Funds £	2025 £	2024 £
	Grants from governments and other co-funders: Training Income Fundraising & Donations Giving.com RentReceived			1,975 295,111 124,144 3,433	- ~ - -	1,975 295,111 124,144 3,433	3,660 402,880 58,420 2,759
				424,663	-	424,663	467,719
3. 3.1	EXPENDITURE RAISINGFUNDS		Direct Costs £	Other Costs £	Support Costs £	2025 £	2024 FE
	Fi: Professional Fees Advertising &Promotion Website& ITCosts		- 1,813 -	- - -	5,072 - 4,278	5,072 1,813 4,278	5,658 9,591 11,073
			1,813	-	9,350	11,163	26,322
3.2	CHARITABLEACTIVITIES	*	Direct Gosts £	Other Costs £	Support Costs £	2025 £	2024 £
	AuditFees Bank &Loan Charges Depreciation Incurred Fundraising, Counselling&Training	. - - 114,250		- - 7,799 -	3,400 2,176 - “	3,400 2,176 7,799 114,256	3,975 2,711 7,967 142,859
	Costs Wages& Salaries GeneralExpenses Office Utilities &Other Rent, Rates& Insurance	504,384 - . -		- - - -	- 30,796 30,352 28,026	504,384 30,796 30,352 28,026	501,282 26,314 45,641 28,612
		618,634		7,799	94,750	721,183	757,761

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continued

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					continued
PIPS	Hope & Support Ltd
(Acompany limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
forthe	financialyearended 31 March 2025
3.3	SUPPORTCOSTS	Castof	Charitable	2025	2024
		Raising	Activities
		Funds
		£	£	£	£
	Support Costs Governance Costs	9,350 -	72,804 21,946	82,154 21,946	102,739 19,645
		9,350	94,750	104,100	122,384
4,	ANALYSIS OF SUPPORT COSTS
				2025	2024
				£	£
	Support Costs Governance Costs			92,154 21,946	102,739 19,645
				404,100	122,384
5.	NETINCOMING RESOURCES			2025	2024
				£	£
	Net Incoming Resources are stated after charging/{crediting): Depreciation oftangible assets Grants receivable received Amuortisation ofgrants receivable			7,799 (271,807) {821}	7,967 {197,895} {821}
6.	INVESTMENTAND OTHER INCOME			2025	2024
				£	£
	Amortisation ofcapital grants received Revenue grants received			821 271,801	821 197,895
				272,622	198,716
7.	INTERESTPAYABLEANDSIMILARCHARGES			2025 £	2024 E
	Qnbankloansandoverdrafts			-	532

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PIPS Hope & Support Ltd . (A company limited by guarantee, not having a share capital} NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025

a. EMPLOYEES AND REMUNERATION

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Number of employees

The average number of persons employed {including executive directors) during the financial year was as follows:

			2025	2024
			Number	Number
	Charitable Activities Management&Administration oftheCharity		13 13	i3 13
			26	26
	The staffcostscomprise:		2025 £	2024 £
	Wagesand salaries Pensioncosts		488,78 15,603	484,771 46,511
			504,384	501,282

9.	TANGIBLE FIXED ASSETS	Land and	Fixtures,	Total
		buildings	fittings and
		freehold	equipment
		£	£	£
	Cost At 1 April2024 Additions	276,983 -	38,576 1,589	315,559 4,589
	At31 March2025	276,983	40,165	317,148
	Depreciation At 1 April2024 Charge forthefinancialyear	47,785 5,540	28,871 2,259	76,656 7,799
	At 31 March2025	53,325	31,130	84,455
	Net book value At34 March2025	223,658	9,035	232,693
	At31 March 2024	229,198	9,705	238,903
10.	DEBTORS		2025 £	2024 £
	Prepaymentsandaccruedincome		1,735	1,606
11.	CREDITORS Amounts fallingduewithinoneyear		2025 £	2024 £
			-	226
	Bank loan Trade creditors Taxationandsocial securitycosts Othercreditors Accrualsanddeferred income		22,582 7,463 222 40,725	5,773 8,505 318 44,546
			70,982	56,368
			————	————S=
				16

continued

PIPS Hope & Support Ltd {A company limited by guarantee, not having a share capital} NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025

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12,	RESERVES
					2025	2024
					£	£
	Atthebeginningof theyear Deficitforthe financial year			;	536,983 (35,061)	654,631 (117,648)
	Attheend oftheyear				501,922	536,983
13. 13.1.	FUNDS RECONGILIATIONOFMOVEMENTINFUNDS				Unrestricted Funds	Total Funds
					£	F
	At1 April2023 Movement duringthefinancial year				654,631 (117,648)	654,631 (117,648)
	At 31 March 2024 Movement during the financial year				536,983 (35,061)	536,983 (35,061)
	At 31 March2025				501,922	501,922
13.2	ANALYSIS OF MOVEMENTS ON FUNDS Balance 4 April 2024 £		income £	Expenditure £	Transfers between funds £	Balance 31 March 2025 £
	Unrestricted funds Unrestricted General	536,983	697,285	732,346	-	501,922
	Totalfunds	536,983	697,285	732,346	.	501,922
13.3	ANALYSIS OF NET ASSETS BY FUND		Fixed assets	Current assets	Current liabilities	Total
			-charityuse £	£	£	£
	Unrestricted generalfunds		232,693	340,211	(70,982)	501,922
			232,693	340,211	(70,982)	501,922

14, STATUS

The company is limited by guarantee not having a share capital.

The liability of the members is limited. Every member of the company undertakes to contribute ta the assets of the company in the event of its being wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased fo be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1.

POST-BALANCE SHEET EVENTS

There have been no significant events affecting the Charity since the financial year-end.

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