PBIC LTD

Company limited by guarantee

Company Registration Number:
06632086 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

PBIC LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

PBIC LTD

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

Summary of main activities of the charity in relation to its objects All services remained free at the point of delivery. These included advice on Social Welfare, Benefits,Immigration and Housing. Our Listening Service continued to grow. This is a service aimed at those who are struggling with mental health issues, providing somewhere for vulnerable migrants to come and talk about their issues in a safe environment. Learning, especially ESOL classes were delivered under Pathways For Recovery and our You Are Valued projects. Under YAV we continued an ESOL programme that introduced migrants to learning English in the UK. Step Into English has become an accredited course consisting of a thorough ESOL assessment, career and skills advice and a few useful tips on how to develop 4 key skills: speaking, listening, reading and writing. Step Into English is offered to all clients wanting to learn English. Perhaps the single most influential new area of work for us during this financial year was the introduction of Active Listening. Over several staff meetings and awaydays it emerged just how important it is for our advisers to not just answer queries brought to us but to also be able to recognise where it is possible to help a client to express themselves often in an area that had remained closed for an unhealthy period. Several training sessions later and Active Listening is now embedded in all our services. We undertook annual cultural events including Polish Heritage Day and Ukrainian Independence Day together with regular and successful Art Activities. We were pleased to renew our contract with Bedford Borough Council for another 12 months to act as the single point of contact for the coordination of care and support to all vulnerable Ukrainian guests temporarily settling in and around Bedford. This in turn has ensured continued job security for several Ukrainian guests to continue as PBIC employees, allowing for an all-encompassing service to be delivered. Throughout the financial year we continued to support children and youths wanting to promote their Polish heritage through our song and dance group, Promethidion. Once again this year we have supported long term homeless migrants through our link with SMART, who are contracted to Bedford Borough Council, to take on responsibility for assisting with all homeless people living on the streets in and around Bedford. Our clients face multiple complex issues often around communication, mental health, family and financial. As a result our staff also require support themselves which this year has involved away days and staff meetings that include regular art activities and meditation and regular one to one staff supervision meetings.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

GORDON JAMES
MORITZ LANK
SANDRA TURNER
THOMAS LEYDON
GEMMA CHIARINI
MONIKA FRAK
NIGEL REES


Secretary MALGORZATA BRADY

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
22 February 2025

And signed on behalf of the board by:
Name: NIGEL REES
Status: Director

PBIC LTD

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 726,469 674,958
Cost of sales: ( 535,943 ) ( 595,773 )
Gross profit(or loss): 190,526 79,185
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 190,526 79,185
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 190,526 79,185
Tax: 0 0
Profit(or loss) for the financial year: 190,526 79,185

PBIC LTD

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,400 0
Investments:   0 0
Total fixed assets: 2,400 0
Current assets
Stocks:   0 0
Debtors: 4 29,784 24,413
Cash at bank and in hand: 649,418 431,684
Investments:   0 0
Total current assets: 679,202 456,097
Creditors: amounts falling due within one year: 5 ( 122,605 ) ( 87,626 )
Net current assets (liabilities): 556,597 368,471
Total assets less current liabilities: 558,997 368,471
Total net assets (liabilities): 558,997 368,471
Members' funds
Profit and loss account: 558,997 368,471
Total members' funds: 558,997 368,471

The notes form part of these financial statements

PBIC LTD

Balance sheet statements

For the year ending 30 June 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 22 February 2025
and signed on behalf of the board by:

Name: NIGEL REES
Status: Director

The notes form part of these financial statements

PBIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

PBIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 19 21

PBIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 4,341 4,341
Additions 3,199 3,199
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 June 2024 7,540 7,540
Depreciation
At 1 July 2023 4,341 4,341
Charge for year 799 799
On disposals
Other adjustments
At 30 June 2024 5,140 5,140
Net book value
At 30 June 2024 2,400 2,400
At 30 June 2023 0 0

PBIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 9,141 11,048
Prepayments and accrued income 19,559 12,281
Other debtors 1,084 1,084
Total 29,784 24,413
Debtors due after more than one year: 0 0

PBIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Trade creditors 1,998 4,500
Taxation and social security 18,346 15,103
Accruals and deferred income 100,000 65,967
Other creditors 2,261 2,056
Total 122,605 87,626