## **Charity Registration Number 1001776**
# **Halesworth Volunteer Centre Annual Report and Unaudited Financial Statements For the year ended 31 March 2021**
## **Halesworth Volunteer Centre**
## **Legal and administrative information**
|**Trustees**|Karen Austin (chair)|
|---|---|
||Clare Ludwig|
||Richard Austin|
||Christopher Warner|
||Steve Chadwick|
||John Lavery|
|**Charity number**|1001776|
|**Principal address**|Halesworth Volunteer Centre|
||London Road|
||Halesworth|
||Suffolk|
||IP19 8LW|
|**Independent examiner**|Helen Rumsey|
||Ensors Accountants LLP|
||Connexions|
||159 Princes Street|
||Ipswich|
||Suffolk|
||IP1 1QJ|
|**Bankers**|Barclays Bank plc|
||Leicester|
||LE87 2BB|
## **Halesworth Volunteer Centre**
## **Contents**
||**Page**|
|---|---|
|Trustees’ report|1 – 4|
|Independent examiner’s report|5|
|Statement of financial activities|6 – 7|
|Balance Sheet|8|
|Notes to the financial statements|9 - 15|
## **Halesworth Volunteer Centre**
## **Trustees’ Report**
## **For the year ended 31 March 2021**
The Trustees present their report and financial statements for the year ended 31 March 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity’s governing document, the Charities Act 2011 and the “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”.
The legal and administrative information page forms part of this report.
## **Objectives and activities**
The Charity’s objects are to undertake voluntary work in education, social wellbeing, rural isolation and deprivation and similar charitable activities amongst those classes in need thereof.
The Charity undertakes a number of services to fulfil these objectives, centred around Halesworth, which includes the following key activities:
- Community car service
- Isolation Busters - a befriending service and other services to support vulnerable and older people
- Support to other voluntary and community groups.
During the year, the Charity became the support hub for the local Community response to Covid 19, providing shopping support, a medication collection and delivery service and telephone support to isolated and shielding individuals.
The Trustees have paid due regard to guidance issued by the Charity Commission on public benefit in deciding what activities the Charity should undertake.
## **Achievements and performance**
The current year has been challenging due to the Covid-19 pandemic, which has seen the Charity respond to the needs of the Community during the 3 national lockdowns.
The shopping and medicine delivery service has helped the Charity support people who were classed as vulnerable and needed to shield during the pandemic. This service has been offered free of charge, thanks to grants and personal donations and the support of the volunteers who undertake the shopping at no charge. Halesworth and Area Community Transport provided a shopping delivery service at minimal charge.
The Community Car Service has continued to offer its vital transportation to the beneficiaries. The service has operated under Covid Restrictions (in line with guidance from the Community Transport Association) for the majority of the year, only being able to transport people for essential, medical purposes. This has significantly reduced journey numbers this year. Thanks to support from a local business, we were able to assist Halesworth and Area Community Transport in getting older and vulnerable people to their Covid Vaccinations, free of charge.
Our Community Larder Project, in partnership with St Mary’s Church, Halesworth was set up during the first Covid-19 lockdown to enable the sharing and donating of food to those in need. This service has continued to grow thanks to the volunteers and the donations from local supermarkets.
1
## **Halesworth Volunteer Centre**
## **Trustees’ Report**
## **For the year ended 31 March 2021**
## **Achievements and performance (continued)**
During the year we have launched the Gift Project to provide treats and support to local residents impacted by the pandemic. As restrictions have lifted, we have been able to offer a variety of community events such as shared meals providing opportunities for isolated and vulnerable people to socialise once again.
HVC is supporting Bungay Town Council and their Bungay Emergency Community Support Project (BECS) to become part of the Community Action Suffolk Good Neighbour Scheme. Under that scheme HVC is acting as grant receiver for BECS until they have established a charity in their own right.
## **Covid pandemic**
There have been a number of services added in response to the pandemic in order to support our local community. In addition, the Charity has had to implement social distancing and other safety precautions, especially around the Community Car Service and befriending services.
## **Financial review**
The Charity has received £106,314 in the year to 31[st] March 2021 (2020: £160,785, of which £93,938 was a legacy income).
The Community Car Service (non-a/c) income fell to £3,317 (2020 £37,525) and in parallel expenses fell to £2,788 (2020 £37,525). This was due to Covid-19 restrictions which substantially reduced the number of journeys undertaken.
Grants for the year totalled £70,461 (2020 £5,956) due to increased funding for Covid Response and handling of Bungay grants. Personal donations increased to £24,031 (2020 £11,865), which is as a response from the local community for the services the Charity provided.
The Covid support shopping did not generate income for the Charity, as the monies paid by the beneficiaries were simply a reimbursement of the actual shopping cost. The volunteers undertaking this service did this free of charge.
Outside of the Community Car Service expenditure changes highlighted above, the key movement in expenditure was an increase in wages by £18,715 due to an additional staff member for the GNS project in Bungay and additional hours for Charity centre staff to administer Covid response projects.
For this current year, the Charity had a surplus of £33,237. A large proportion of this (£25,098) is restricted income for use in ongoing projects. In 2020 the Charity saw a surplus of £73,651 however, the Charity received a one-off significant legacy in 2020 of £93,938, without which the Charity would have generated a deficit of £20,287.
## **Reserves policy**
The Charity has a policy for holding reserves in order to manage its day-to-day operations and to provide support where it is needed.
The Charity has £28,528 (2020: £3,430) restricted reserves, being made up of: £1,780 (2020: £1,900) from the Harris Family fund for community development in Bungay; £1,530 (2020: £1,530) from the Pargiter Trust fund for community meals in Halesworth; £14,457 (2020: £Nil) for the Bungay GNS project; and £10,761 (2020: £Nil) for the Community Larder project.
2
## **Halesworth Volunteer Centre**
## **Trustees’ Report**
## **For the year ended 31 March 2021**
## **Reserves policy (continued)**
The Charity held unrestricted funds of £149,336 (2020: £141,197) of which the Charity has designated £72,757 (2020: £78,400) as a contingency fund.
## **Risk management**
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to those major risks.
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
## **Future plans**
The Trustees are keen to continue the current projects to support the local community as well as develop new projects to meet future needs.
## **Use of volunteers**
The Charity is absolutely reliant upon the substantial voluntary help of both Community Car Service drivers, volunteer shoppers and other volunteers.
## **Structure, governance and management**
The Charity’s constitution was adopted on 8 November 1990 and amended on 14 June 2006 and 22 June 2011.
The Trustees who served during the year and up to the date of approval of the financial statements were:
Karen Austin Clare Ludwig Richard Austin Christopher Warner Steve Chadwick John Lavery
The Charity recruits Trustees through local networks and by recommendation. New Trustees are sympathetic to the Charity’s objectives and bring a broad knowledge base to ensure the effective running of the Charity. The Trustee Board is also supported by a Volunteer Representative, Gareth Ingram and a representative from Halesworth Town Council, Dave Wollweber.
The Chairperson is responsible for the induction of new Trustees. This involves awareness of the Trustees’ Responsibilities, the governing document, administrative procedures, and the history of the Charity. A new Trustee receives copies of the previous year’s financial statements, annual report and a copy of the Charity Commission leaflets providing guidance for Trustees.
3
## **Halesworth Volunteer Centre**
## **Trustees’ Report (continued)**
## **For the year ended 31 March 2021**
## **Funds held as custodian trustee on behalf of others**
As part of the Good Neighbour Scheme, the Charity is assisting Bungay Town Council in the set up of a new charity. In the meantime, the Charity is acting as grant receiver and making all required payments on behalf of Bungay Town Council.
During the year, the Charity received £21,353 (2020: £Nil) and paid out £6,896 (2020; £Nil) on behalf of Bungay Town Council. As at 31 March 2021 the Charity held £14,457 (2020: £Nil) on behalf of Bungay Town Council. These amounts are included in the Charity’s Statement of Financial Activities and Balance Sheet as a restricted fund.
The Trustees’ report was approved by the Board of Trustees on 9 September 2021.
Karen Austin (Chair)
Richard Austin (Treasurer)
4
## **Halesworth Volunteer Centre**
## **Independent Examiner’s Report**
## **To the Trustees of Halesworth Volunteer Centre**
I report to the Trustees on my examination of the financial statements of Halesworth Volunteer Centre for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Helen Rumsey Ensors Accountants LLP Connexions 159 Princes Street Ipswich Suffolk IP1 1QJ
Date: 9 September 2021
5
## **Halesworth Volunteer Centre**
## **Statement of Financial Activities including Income and Expenditure Account**
## **For the year ended 31 March 2021**
|**Notes**
**Income from:**
**Donations and legacies**
Grants from trusts & foundations
Local organisation & business
Town and Parish Council grants
Personal donations
Fundraising
Legacy
**Charitable activities**
Community transport grant
Community Car account contribution
Community Car non-account contribution
**Investment income**
Interest
**Other**
Sundry income
**Total income**
**Expenditure on:**
**Charitable activities**
**3**
Wages
Pension contributions
Vol. exp: Community Car account
Vol. exp: Community Car non-account
Vol. exp: Isolation Busters
Vol. exp: WISH Project
Vol. exp: Covid support
Telephony
CATSS software licence
Stationery
IT inc. website
Advertising and publicity
Administration expenses
Insurance
Accountancy fee
Events – AGM
Training
Depreciation
Bad debt write off
Staff expenses – Covid support
Sundry goods
Equipment
**Net income / (expenditure)**
Transfers
**Net movement in funds**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**2021**
**2021**
**2021**
**£**
**£**
**£**
8,910
17,316
26,226
9,335
400
9,735
15,000
19,500
34,500
15,847
8,184
24,031
-
-
-
-
-
-
49,092
45,400
94,492
6,931
-
6,931
359
-
359
3,317
-
3,317
10,607
-
10,607
116
-
116
347
752
1,099
60,162
46,152
106,314
38,432
17,119
55,551
753
-
753
999
-
999
2,788
-
2,788
272
-
272
-
-
-
-
793
793
2,049
-
2,049
-
-
-
125
250
375
2,648
-
2,648
433
686
1,119
286
558
844
817
-
817
1,320
-
1,320
-
-
-
50
-
50
402
-
402
357
-
357
292
60
352
-
229
229
-
1,359
1,359
52,023
21,054
73,077
8,139
25,098
33,237
-
-
-
8,139
25,098
33,237|Total funds
2020
£
3,631
2,180
145
11,865
979
93,938|
|---|---|---|
|||112,738
6,931
2,389
37,525|
|||46,845
498
704|
|||160,785
36,836
836
2,445
37,525
1,261
200
-
1,532
834
832
1,512
126
323
784
450
780
456
402
-
-
-
-|
|||87,134|
|||73,651
-
73,651|
6
## **Halesworth Volunteer Centre**
## **Statement of Financial Activities including Income and Expenditure Account (continued)**
## **For the year ended 31 March 2021**
|**Notes**
**Reconciliation of funds**
Total funds brought forward
Net movement in the year
Total funds carried forward|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**2021**
**2021**
**2021**
**£**
**£**
**£**
141,197
3,430
144,627
8,139
25,098
33,237
149,336
28,528
177,864|Total funds
2020
£
70,975
73,651|
|---|---|---|
|||144,627|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
7
## **Halesworth Volunteer Centre**
## **Balance Sheet**
## **As at 31 March 2021**
|**Notes**
**Tangible fixed assets**
Cost brought forward
Cost carried forward
Depreciation brought forward
Depreciation charge
**Net book value**
**Current assets**
Debtors other prepayments
Debtors a/c passengers
Debtors covid response
Debtors BACT
Cash at bank
COIF bank
Cash in hand
**Current liabilities**
Creditors driver payments
Creditors other accruals
**Net current assets**
**Net assets**
**Funds**
Restricted funds
6
Unrestricted funds
Designated fund
7
**Total funds**
8|**2021**
**£**
**£**
6,643
6,643
5,839
402
6,241
402
404
579
7,479
-
148,573
23,158
116
180,309
579
2,268
2,847
177,462
177,864
28,528
76,579
72,757
149,336
177,864|**2020**
**£**
**£**
6,643
6,643
5,437
402
5,839
804
404
686
646
1,733
113,221
28,127
116
144,933
186
924
1,110
143,823
144,627
3,430
62,797
78,400
141,197
144,627|**2020**
**£**
**£**
6,643
6,643
5,437
402
5,839
804
404
686
646
1,733
113,221
28,127
116
144,933
186
924
1,110
143,823
144,627
3,430
62,797
78,400
141,197
144,627|
|---|---|---|---|
||6,643
5,839
402|6,643
5,437
402||
||6,241|5,839||
||404
579
7,479
-
148,573
23,158
116|404
686
646
1,733
113,221
28,127
116||
||180,309
579
2,268|144,933
186
924||
||2,847
76,579
72,757|1,110
62,797
78,400||
||||144,627|
||||3,430
141,197|
|||||
||||144,627|
The financial statements were approved by the Trustees on 9 September 2021.
Karen Austin Richard Austin
8
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2021**
## **1 Accounting policies**
## **1.1 Charity information**
Halesworth Volunteer Centre is a charitable trust established on 8 November 1990, as amended on 14 June 2006 and 22 June 2011.
The registered office of the Charity is: Halesworth Volunteer Centre, London Road, Halesworth, Suffolk, IP19 8LW.
## **1.2 Accounting convention**
The financial statements have been prepared in accordance with the Charity’s governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”. The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared under the historic cost convention, in sterling which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The principal accounting policies are set out below.
## **1.3**
## **Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
The Trustees’ have considered the impact of the covid-19 pandemic on the Charity. The Charity has adapted well to the impact of the pandemic and associated lockdowns with the inclusion of a new service for home shopping.
The Charity has continued to provide the beneficiaries the same level of service and support during the pandemic, whilst observing social distancing and other government policies.
## **1.4**
## **Charitable funds**
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
The unrestricted funds include the general funds and the designated funds. The general funds are available for use at the discretion of the Trustees in the furtherance of the charitable objectives. The designated funds are held as a contingency so that the Charity can continue to operate and meet the needs of the beneficiaries in the event of unforeseen and potentially financially damaging circumstances.
9
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements (continued)**
## **For the year ended 31 March 2021**
## **1.5 Incoming resources**
Income, including grants and donations, is recognised when the Charity has legal entitlement to it, after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
For legacy income, entitlement is taken at the earlier of the date on which the Charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made, or when a distribution is received from the estate.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity, this is normally upon notification of the interest being received.
The contributions from the passengers in the Car Scheme are due when they are receivable and the amount can be measured reliably by the Charity, this is normally upon completion of the agreed upon journey.
## **1.6 Resources expended**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefit will be require in settlement and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated to the applicable expenditure headings.
Support and governance costs have been allocated to the Charitable Activities, as shown on the Statement of Financial Activities.
The Charity is not registered for VAT, therefore all amounts are shown gross of VAT.
## **1.7 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following basis:
Office Equipment and furniture
-
33.3% reducing balance
The gain or loss arising on a disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is recognised in net income / (expenditure) for the year.
At each reporting end date, the Charity reviews the carrying value of its tangible assets to determine 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 to determine the extent of the impairment loss (if any).
10
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements (continued)**
## **For the year ended 31 March 2021**
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
## **1.9 Financial instruments**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity’s balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Basic financial assets, which include debtors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of unused holiday entitlement is recognised in the period in which the employee’s services are received.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both the current and future periods.
## **3 Expenditure**
Included within the accountancy expenditure is the independent examiner fee, inclusive of VAT, of £1,320 (2020: £450).
11
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements (continued)**
## **For the year ended 31 March 2021**
## **4 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year (2020: £Nil).
One Trustee received reimbursement of expenses from the Charity during the year, being £172 (2020: £Nil) of which £48 (2020: £Nil) was outstanding at the year-end and is included in creditors.
## **5 Employees**
The average number of employees during the year was 5 (2020: 4).
|**Employment costs**
Wages and salaries
Social security
Other pension costs|**2021**
**£**
53,496
2,055
753
56,304|**2020**
**£**
36,836
-
836|
|---|---|---|
|||37,672|
There are no employees whose annual remuneration was £60,000 or more.
## **6 Restricted funds**
|Harris Family fund
Pargiter Trust fund
Harris Family fund
Pargiter Trust fund
Coronavirus
Community Support
fund
Bungay GNS
Community Larder|**As at 1**
**April**
**2019**
**£**
-
-
-
**As at 1**
**April**
**2020**
**£**
1,900
1,530
-
-
-
3,430|**Income**
**£**
2,000
1,630
3,630
**Income**
**£**
2,500
-
9,215
21,353
13,084
46,152|**Expense**
**£**
100
100
200
**Expense**
**£**
2,620
-
9,215
6,896
2,323
21,054|**Transfer**
**£**
-
-
-
**Transfer**
**£**
-
-
-
-
-
-|**As at 31**
**March**
**2020**
**£**
1,900
1,530|
|---|---|---|---|---|---|
||||||3,430|
||||||**As at 31**
**March**
**2021**
**£**
1,780
1,530
-
14,457
10,761|
||||||28,528|
12
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements (continued)**
## **For the year ended 31 March 2021**
## **6 Restricted funds (continued)**
The Harris Family fund monies are restricted to the community development work in Bungay.
The Pargiter Trust fund monies are restricted to the Community meals project in Halesworth.
The Cornavirus Community Support fund monies were restricted to provide community support during the pandemic. The entirety of this fund was spent in the year.
The Bungay GNS fund is for specific work supporting the Community Project in Bungay.
The Community Larder fund is for providing a food bank style service in Halesworth during the covid pandemic.
## **7 Designated funds**
|Contingency fund
Contingency fund|**As at 1**
**April**
**2019**
**£**
78,400
78,400
**As at 1**
**April**
**2020**
**£**
78,400
78,400|**Income**
**£**
-
-
**Income**
**£**
-
-|**Expense**
**£**
-
-
**Expense**
**£**
-
-|**Transfer**
**£**
-
-
**Transfer**
**£**
(5,643)
(5,643)|**As at 31**
**March**
**2020**
**£**
78,400|
|---|---|---|---|---|---|
||||||78,400|
||||||**As at 31**
**March**
**2021**
**£**
72,757|
||||||72,757|
The contingency fund has been designated to ensure that the Charity can continue to operate and meet the needs of the clients in event of unforeseen and potentially financially damaging circumstances. The Trustees continue to consider:
- a) The reduction in public funding for the car services, other projects and general administration; and
- b) Uncertainty regarding the continued favourable office accommodation terms.
13
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements (continued)**
## **For the year ended 31 March 2021**
## **8 Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Tangible fixed assets
Current assets
Current liabilities|**Unrestricted**
**2020**
**£**
804
141,503
(1,110)
141,197
**Unrestricted**
**2021**
**£**
402
151,781
(2,847)
149,336|**Restricted**
**2020**
**£**
-
3,430
-
3,430
**Restricted**
**2021**
**£**
-
28,528
-
28,528|**Total**
**2020**
**£**
804
144,933
(1,110)|
|---|---|---|---|
||||144,627|
||||**Total**
**2021**
**£**
402
180,309
(2,847)|
||||177,864|
## **9 Related parties**
The Charity considers the key management personnel to comprise of the Trustees. The employment benefits, including pension contributions, of key management personnel were £Nil (2020: £Nil).
All transactions with the Trustees are listed under note 4.
14
## **Halesworth Volunteer Centre**
## **Notes to the Financial Statements (continued)**
## **For the year ended 31 March 2021**
## **10 Comparative Statement of Financial Activities including Income and Expenditure Account**
|**Expenditure Account**||||
|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total funds**|
||**funds**|**funds**||
||**2020**|**2020**|**2020**|
||**£**|**£**|**£**|
|**Income from:**||||
|**Donations and legacies**||||
|Grants from trusts & foundations|1|3,630|3,631|
|Local organisation & business|2,180|-|2,180|
|Town and Parish Council grants|145|-|145|
|Personal donations|11,865|-|11,865|
|Fundraising|979|-|979|
|Legacy|93,938|-|93,938|
||109,108|3,630|112,738|
|**Charitable activities**||||
|Community transport grant|6,931|-|6,931|
|Community Car account contribution|2,389|-|2,389|
|Community Car non-account contribution|37,525|-|37,525|
||46,845|-|46,845|
|**Investment income**||||
|Interest|498|-|498|
|**Other**||||
|Sundry income|704|-|704|
|**Total income**|157,155|3,630|160,785|
|**Expenditure on:**||||
|**Charitable activities**||||
|Wages|36,636|200|36,836|
|Pension contributions|836|-|836|
|Vol. exp: Community Car account|2,445|-|2,445|
|Vol. exp: Community Car non-account|37,525|-|37,525|
|Vol. exp: Isolation Busters|1,261|-|1,261|
|Vol. exp: WISH Project|200|-|200|
|Telephony|1,532|-|1,532|
|CATSS software licence|834|-|834|
|Stationery|832|-|832|
|IT inc. website|1,512|-|1,512|
|Advertising and publicity|126|-|126|
|Administration expenses|323|-|323|
|Insurance|784|-|784|
|Accountancy fee|450|-|450|
|Events – AGM|780|-|780|
|Training|456|-|456|
|Depreciation|402|-|402|
||86,934|200|87,134|
|**Net income / (expenditure)**|70,221|3,430|73,651|
|Transfers|-|-|-|
|**Net movement in funds**|70,221|3,430|73,651|
15