PECAN

Company limited by guarantee

Company Registration Number:
02394165 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

PECAN

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PECAN

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Jennifer Mary BROWN
Dr Fiona Philippa TUDOR
Esenam Sheila AGUBRETU
Terryna D'SOUZA
Helen PALMER
Albert Acheampong BERCHIE
Paul Nicholas Robert JONES


The director shown below has held office during the period of
1 April 2023 to 31 January 2024

Christopher John PRICE


The director shown below has held office during the period of
1 April 2023 to 12 September 2023

Bonike BRACEWELL


The director shown below has held office during the period of
5 December 2023 to 31 March 2024

Sarolta STUCKLEY BEERI


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 December 2024

And signed on behalf of the board by:
Name: Dr Fiona Philippa TUDOR
Status: Director

PECAN

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 1,831,188 1,754,751
Gross profit(or loss): 1,831,188 1,754,751
Administrative expenses: ( 1,849,480 ) ( 1,755,622 )
Operating profit(or loss): (18,292) (871)
Interest receivable and similar income: 44,395
Profit(or loss) before tax: 26,103 (871)
Profit(or loss) for the financial year: 26,103 (871)

PECAN

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 433,426 443,564
Investments: 4 525,377 480,982
Total fixed assets: 958,803 924,546
Current assets
Stocks: 5 26,805 20,182
Debtors: 6 211,366 90,160
Cash at bank and in hand: 416,032 496,791
Total current assets: 654,203 607,133
Creditors: amounts falling due within one year: 7 ( 261,227 ) ( 206,003 )
Net current assets (liabilities): 392,976 401,130
Total assets less current liabilities: 1,351,779 1,325,676
Total net assets (liabilities): 1,351,779 1,325,676
Members' funds
Profit and loss account: 1,351,779 1,325,676
Total members' funds: 1,351,779 1,325,676

The notes form part of these financial statements

PECAN

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 December 2024
and signed on behalf of the board by:

Name: Dr Fiona Philippa TUDOR
Status: Director

The notes form part of these financial statements

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 34 38

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 656,898 8,935 665,833
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 656,898 8,935 665,833
Depreciation
At 1 April 2023 213,334 8,935 222,269
Charge for year 10,138 10,138
On disposals
Other adjustments
At 31 March 2024 223,472 8,935 232,407
Net book value
At 31 March 2024 433,426 0 433,426
At 31 March 2023 443,564 0 443,564

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed assets investments note

Investments Fixed asset investments are a form of basic financial instrument are initially recognised at their transaction value and subsequently measured at their fair value using the closing quoted market price or the share of the Net Asset Value of the fund (if unlisted). All gains and losses are taken to the Statement of Financial Activities as they arise. The Statement of Financial Activities includes all net gains and losses arising on revaluation and disposals throughout the year. As investments are revalued to fair value continuously, no realised gains or losses arise.

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Stocks

2024 2023
£ £
Stocks 26,805 20,182
Total 26,805 20,182

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Debtors

2024 2023
£ £
Trade debtors 106,299 34,864
Prepayments and accrued income 100,121 49,915
Other debtors 4,946 5,381
Total 211,366 90,160

PECAN

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 85,194 14,114
Taxation and social security 20,271 17,073
Accruals and deferred income 144,935 166,007
Other creditors 10,827 8,809
Total 261,227 206,003