Company registration number: 02693602 Charity registration number: 1015841
## Newark and Sherwood Community and Voluntary Service
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 31 March 2022
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
## **Newark and Sherwood Community and Voluntary Service**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6 to 7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 20|
## **Newark and Sherwood Community and Voluntary Service**
## **Reference and Administrative Details**
**Trustees** Jeremy Hague, Chair Tom Geraghty, Treasurer Terry Shrimpton Ivor Walker Lisa Geary Arran Coggan **Senior Management Team** Madeleine O'Sullivan, CEO Helen Stanbridge, Director of Operations Kirsty Joynes, Finance Manager
**Charity Registration Number** 1015841 **Company Registration Number** 02693602 **Registered Office** Edwinstowe House High Street Edwinstowe Nottinghamshire NG21 9PR **Independent Examiner** John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
## **Newark and Sherwood Community and Voluntary Service**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2022.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Jeremy Hague, Chair Tom Geraghty, Treasurer Terry Shrimpton Ivor Walker Lisa Geary Arran Coggan Jackie Insley (resigned 25 January 2022) Johnathan Lee (resigned 12 July 2021) Stuart Wallace (resigned 6 May 2021)
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 4 March 1992 and most recently amended 23 November 1992. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
## _**Recruitment and appointment of trustees**_
The management of the company is the responsibility of the trustees who are elected and co-opted under the terms of the Articles of Association; trustees are asked to complete an application form and are interviewed by the Chair / Vice Chair and CEO.
## **Objectives and activities**
## _**Public benefit**_
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Objects**
• To promote any charitable purpose for the benefit principally but not exclusively to the community in Newark and Sherwood district and in particular the advancement of education, the protection of health and relief of poverty, distress and sickness;
• To promote and organise co-operation in the achievement of the above purpose and to that end bring together in Council the representatives of the statutory authorities and voluntary organisations engaged in the furtherance of the above purposes within the Newark and Sherwood area.
## **Mission**
• To support and develop local organisations and to promote and encourage local voluntary activities in the Newark and Sherwood district.
Page 2
## **Newark and Sherwood Community and Voluntary Service**
## **Trustees' Report**
## **Priniciples:**
- Working with the Community, for the Community;
- Promoting Voluntary Action in Newark and Sherwood;
- Developing and maintaining links with a wide range of Voluntary and Community organisations;
- Values the unique vision that local communities bring to the innovation, development and delivery of services;
- Committed to the delivery of quality services that deliver value for money.
## **Core Functions:**
- Co-ordination and liaison;
- Representation and consultation;
- Development and support of voluntary and community groups;
- Practical support services;
- Promotion of partnership working.
All of our work helps inform service design & development e.g. health & social care provision. We are actively involved in the developing of the new ICS structure ensuring that local voice is represented and local provison meeting local need supported.
## **Achievements and performance**
- Supporting the roll out of a County Wide vaccination programme providing over 11,000 volunteer hours per
- month.
- Successfully developed a Community Champions programme recruiting 35 local volunteer Community
- Champions to help roll out positive health messages and encourage the uptake of Covid-19 vaccinations.
- Successful in receiving funding from NHS Charities to develop an End of Life Care service.
- Boots funding to develop Golden Thread a volunteer programme for Young people. We have delivered 4 x
- training courses to 33 young people (Introduction to Volunteering) across the district with education providers working with 16 – 18 year olds.
- Managed (38) under 25-year-old volunteers across 6 vaccine sites to support the local NHS roll out the
- Covid-19 vaccine.
- Set up and delivered 4 projects for local young volunteers to participate in: -
- Equality & Diversity Week (Dukeries School); o Shoe Box Appeal (The Rope Homeless Appeal Ollerton); o Newark Christmas Tree Festival; o Great Notts Toy Appeal.
- 12 young volunteers were involved in promoting volunteering during National Volunteers Week.
- Delivered brokerage service on volunteering opportunities to (61) individuals under the age of 25.
## **Financial review**
## _**Policy on reserves**_
Newark and Sherwood Community and Voluntary Service is required to ensure that reserves are available in each financial year to meet any reasonable foreseeable contingency. In reviewing the potential costs should a significant reduction in income arise, the trustees have determined that unrestricted reserves be maintained at three months running costs. This is reviewed annually.
## _**Principal risks and uncertainties**_
## _Financial risk_
Loss of funding and decommissioning of contracts.
Page 3
## **Newark and Sherwood Community and Voluntary Service**
## **Trustees' Report**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Newark and Sherwood Community and Voluntary Service for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees 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 charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Jeremy Hague Trustee
Page 4
## **Newark and Sherwood Community and Voluntary Service**
## **Independent Examiner's Report to the trustees of Newark and Sherwood Community and Voluntary Service**
## **Independent examiner’s report to the trustees of Newark and Sherwood Community and Voluntary Service ('the Company')**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.
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 Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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 accounts to be reached.
......................................
John O'Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:.............................
Page 5
## **Newark and Sherwood Community and Voluntary Service**
## **Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
4
Total income
**Expenditure on:**
Charitable activities
6
Other expenditure
7
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
20|**Unrestricted**
**£**
3,450
-
22
3,472
(1,575)
-
(1,575)
1,897
25,315
27,212
66,534
93,746|**Restricted**
**£**
-
285,560
-
285,560
(293,195)
-
(293,195)
(7,635)
(25,315)
(32,950)
74,127
41,177|**Total**
**2022**
**£**
3,450
285,560
22
289,032
(294,770)
-
(294,770)
(5,738)
-
(5,738)
140,661
134,923|**Total**
**2021**
**£**
3,858
304,662
244|
|---|---|---|---|---|
|||||308,764|
|||||(281,693)
(1,279)|
|||||(282,972)|
|||||25,792
-|
|||||25,792
114,869|
|||||140,661|
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for the period is shown in note 20.
The notes on pages 9 to 20 form an integral part of these financial statements. Page 6
## **Newark and Sherwood Community and Voluntary Service**
## **Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
## **These are the figures for the previous accounting period and are included for comparative purposes**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
4
Total income
**Expenditure on:**
Charitable activities
6
Other expenditure
7
Total expenditure
Net income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
20|**Unrestricted**
**funds**
**£**
3,858
-
244
4,102
(1,760)
(1,279)
(3,039)
1,063
9,220
10,283
56,251
66,534|**Restricted**
**funds**
**£**
-
304,662
-
304,662
(279,933)
-
(279,933)
24,729
(9,220)
15,509
58,618
74,127|**Total**
**2021**
**£**
3,858
304,662
244|
|---|---|---|---|
||||308,764|
||||(281,693)
(1,279)|
||||(282,972)|
||||25,792
-|
||||25,792
114,869|
||||140,661|
The notes on pages 9 to 20 form an integral part of these financial statements. Page 7
## **Newark and Sherwood Community and Voluntary Service**
## **(Registration number: 02693602) Balance Sheet as at 31 March 2022**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
14
**Creditors: Amounts falling due within one year**
15
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
20
**Unrestricted income funds**
Unrestricted funds
**Total funds**
20|**2022**
**£**
1,714
12,562
125,859
138,421
(5,212)
133,209
134,923
41,177
93,746
134,923|**2021**
**£**
2,577
12,094
131,143|
|---|---|---|
|||143,237
(5,153)|
|||138,084|
|||140,661|
|||74,127
66,534|
|||140,661|
For the financial year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- 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 in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 6 to 20 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Tom Geraghty Trustee
The notes on pages 9 to 20 form an integral part of these financial statements. Page 8
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Newark and Sherwood Community and Voluntary Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Exemption from preparing a cash flow statement**
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 9
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Computer equipment 33.33% straight line General equipment 20% straight line
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 10
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from companies, trusts and similar
proceeds
Grants, including capital grants;
Government grants
**3**
**Income from charitable activities**
Grants & donations
Fees & contributions
**4**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**General**
**£**
200
3,250
3,450
**Restricted**
**funds**
**£**
283,538
2,022
285,560
**Unrestricted**
**funds**
**General**
**£**
22|**Total**
**2022**
**£**
200
3,250
3,450
**Total**
**2022**
**£**
283,538
2,022
285,560
**Total**
**2022**
**£**
22|**Total**
**2021**
**£**
2,333
1,525|
|---|---|---|---|
||||3,858|
||||**Total**
**2021**
**£**
303,850
812|
||||304,662|
||||**Total**
**2021**
**£**
244|
Page 11
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
|**5**
**Grants & donations**
Coalfields Regeneration Trust
NHS Nottingham & Nottinghamshire CCG
National Association for Voluntary and Community
Action
National Lottery Community Fund
Newark and Sherwood District Council
Nottingham Hospitals Charity
Nottinghamshire County Council
Nottinghamshire Together (Notts County Council)
Sherwood Forest NHS Hospitals Trust
Sundry grants & donations|**Unrestricted**
**funds**
**£**
-
-
-
-
-
-
-
3,250
-
200
3,450|**Restricted**
**funds**
**£**
42,958
56,849
1,500
9,774
24,517
8,346
14,234
14,350
110,919
91
283,538|**Total**
**£**
42,958
56,849
1,500
9,774
24,517
8,346
14,234
17,600
110,919
291|
|---|---|---|---|
||||286,988|
Page 12
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **6 Expenditure on charitable activities**
|Bank charges
Contractors
Depreciation
Events & activities
Hospitality & refreshments
Insurance
IT software & consumables
Legal & professional fees
Marketing
Partnership grant distribution
Postage
Printing & stationery
Recruitment & advertising
Rent & services
Room hire
Salaries, NI & pensions
Staff expenses & training
Subscriptions & memberships
Telephone & internet
Volunteer expenses
Vaccination project delivery by Mansfield
CVS
**7**
**Other expenditure**
Loss on disposal of tangible fixed assets|**Unrestricted**
**General funds**
**£**
**Restricted funds**
**£**
-
114
-
-
1,575
356
-
3,600
-
-
-
1,120
-
7,411
-
2,093
-
8,181
-
45,020
-
132
-
51
-
2,189
-
539
-
437
-
201,180
-
5,128
-
1,050
-
2,424
-
12,170
-
-
1,575
293,195|**Unrestricted**
**General funds**
**£**
**Restricted funds**
**£**
-
114
-
-
1,575
356
-
3,600
-
-
-
1,120
-
7,411
-
2,093
-
8,181
-
45,020
-
132
-
51
-
2,189
-
539
-
437
-
201,180
-
5,128
-
1,050
-
2,424
-
12,170
-
-
1,575
293,195|**Unrestricted**
**General funds**
**£**
**Restricted funds**
**£**
-
114
-
-
1,575
356
-
3,600
-
-
-
1,120
-
7,411
-
2,093
-
8,181
-
45,020
-
132
-
51
-
2,189
-
539
-
437
-
201,180
-
5,128
-
1,050
-
2,424
-
12,170
-
-
1,575
293,195|**Total**
**2022**
**£**
114
-
1,931
3,600
-
1,120
7,411
2,093
8,181
45,020
132
51
2,189
539
437
201,180
5,128
1,050
2,424
12,170
-
294,770
**Total**
**2022**
**£**
-
-|**Total**
**2021**
**£**
69
3,250
2,209
250
30
909
9,435
2,585
20
-
449
1,678
-
-
-
223,999
3,820
499
2,890
8,411
21,190
281,693
**Total**
**2021**
**£**
1,279|
|---|---|---|---|---|---|
|||293,195||||
|||||||
||||||1,279|
Page 13
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **8 Net incoming/outgoing resources**
Net (outgoing)/incoming resources for the year include:
|Loss on disposal of fixed assets held for the charity's own use
Depreciation of fixed assets
**9**
**Staff costs**
The aggregate payroll costs were as follows:
**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2022**
**£**
-
1,931
1,931
**2022**
**£**
184,342
8,503
8,335
201,180|**2021**
**£**
1,279
2,209|
|---|---|---|
|||3,488|
|||**2021**
**£**
203,261
11,443
9,295|
|||223,999|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
Average number of employees
|**2022**||**2021**||
|---|---|---|---|
|**No**||**No**||
||10||11|
7 (2021 - 10) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £8,335 (2021 - £9,295).
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £72,977 (2021 - £78,710).
Page 14
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **10 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **11 Fees payable to independent examiner**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner are analysed as follows:
|Independent examination
**12 Tangible fixed assets**
**Cost**
At 1 April 2021
Additions
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
**13 Debtors**
Prepayments
Other debtors||**2022**
**£**
1,060
1,060
**Computer**
**equipment**
**£**
6,627
1,068||**2021**
**£**
1,030|
|---|---|---|---|---|
|||||1,030|
|||||**Total**
**£**
6,627
1,068
7,695
4,050
1,931
5,981
1,714
2,577
**2021**
**£**
4,117
7,977|
|||7,695|||
|||4,050
1,931|||
|||5,981|||
|||1,714|||
|||2,577|||
|||**2022**
**£**
3,082
9,480
12,562|||
|||||12,094|
Page 15
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **14 Cash and cash equivalents**
|Cash at bank
**15 Creditors: amounts falling due within one year**
Other taxation and social security
Accruals|**2022**
**£**
125,859
**2022**
**£**
353
4,859
5,212|**2021**
**£**
131,143|
|---|---|---|
|||**2021**
**£**
-
5,153|
|||5,153|
## **16 Obligations under leases and hire purchase contracts**
## **Operating lease commitments**
Total future minimum lease payments under non-cancellable operating leases are as follows:
|**Other**
Within one year
Between one and five years|**2022**
**£**
88
-
88|**2021**
**£**
973
88|
|---|---|---|
|||1,061|
## **17 Charity status**
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
## **18 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **19 Related party transactions**
During the year the charity made the following related party transactions:
## **Tom Geraghty & Associates Ltd**
(During the year the charity acquired services totalling £634 (2021 - £634) from Tom Geraghty & Associates Ltd, a company in which Tom Geraghty is a director and controlling shareholder.) At the balance sheet date the amount due Tom Geraghty & Associates Ltd was £Nil (2021 - £Nil).
Page 16
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **20 Funds**
|**Unrestricted funds**
**_General_**
General fund
**Restricted funds**
Community Engagement
Project
Door to Door Project
Nottinghamshire Together
Ollerton Development
Project
Vounteer Centre
Golden Thread
Vaccination Programme
VC SEP
Listening Line
Butterfly Project
Community Champions
Door to Door (National
Lottery)
Let's Connect
Social Recovery
State of the Sector Survey
Innovation fund
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2021**
**£**
66,534
19,811
-
6,861
-
2,094
10,000
21,950
644
12,767
-
-
-
-
-
-
-
74,127
140,661|**Incoming**
**resources**
**£**
3,472
31,848
11,348
10,312
42,958
11,260
-
110,919
1,500
-
8,346
25,000
9,774
13,257
5,000
4,038
-
285,560
289,032|**Resources**
**expended**
**£**
(1,575)
(37,945)
(11,087)
(16,094)
(34,832)
(10,022)
(9,050)
(121,300)
(2,047)
(10,828)
(3,432)
(13,085)
(2,271)
(12,545)
(3,786)
(3,840)
(1,031)
(293,195)
(294,770)|**Transfers**
**£**
25,315
(1,595)
-
(1,079)
(8,126)
-
-
(11,569)
(97)
(1,939)
-
-
-
(712)
-
(198)
-
(25,315)
-|**Balance at**
**31 March**
**2022**
**£**
93,746
12,119
261
-
-
3,332
950
-
-
-
4,914
11,915
7,503
-
1,214
-
(1,031)|
|---|---|---|---|---|---|
||||||41,177|
||||||134,923|
The transfer from Community Engagement Project to the General fund represents the redundancy contingency. The transfer from the Let's Connect fund to the General fund represents the net book value of fixed assets, the use of which is not subjest to any restriction
The transfer from the Nottinghamshire Together, Ollerton Development Project, Vaccination Programme, VC SEP, Listening Line and State of the Sector Survey funds to the General fund relates to activities which have ceased, and the release of any restrictions on the use of these funds.
Page 17
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
The specific purposes for which the funds are to be applied are as follows:
Community Engagement Project - funded by NHS Newark and Sherwood CCG the project aims to improve community engagement with health services in the Newark and Sherwood area.
Door to Door Project - funded by Nottinghamshire County Council the project aims to increase provision of community transport across Newark and Sherwood for those over 60 or with disability and who find it difficult to access transport services.
Nottinghamshire Together - funded by Nottinghamshire County Council this project aims to build on the strategic success of the existing Nottinghamshire Together partnership and its achievements in the co-production and redesign of services to whole system commissioning. Offering a single point of access for strategic infrastructure support whilst playing an active role in local place based area co-ordination.
Ollerton Development Project - funded by Coalfield Regeneration Trust, this project aims to support and empower Ollerton & Boughton communities to identify issues and create their own sustainable solutions. Golden Thread - funded by Boots to support young people into volunteering.
Vaccination programme - funded by Sherwood Forest NHS Hospitals Trust to support national vaccination program at a local level across Nottinghamshire.
VC SEP - funded by DCMS to share knowledge & local intelligence with local communities to identify issues or unmet community needs are raised and to collaborate with all VC SEP Partners to support the design and development of a sustainable platform for future emergency response.
Listening line - funded by NSDC to support isolated residents with weekly befriending call.
Volunteer Centre - funded by NSDC to provide support services to organisations who involve volunteers and individuals looking for volunteering opportunities.
Butterfly Project - funded by Nottingham Hospitals Charity to develop and deliver a new end of life care service.
Community Champions - funded by Ashfield Voluntary Action - working with voluntary and community sector colleagues and local authority partners to enhance and embed health and wellbeing messages and support services across the district.
Let’s Connect - funded by NSDC - a support service to help improve confidence and awareness of the online world and a greater understanding of the benefits of the digital landscape.
Social Recovery - funded by Nottinghamshire County Council to develop and expand the social transport scheme.
State of the Sector Survey - encouraging and assisting organisations to complete the survey run by Nottinghamshire Together Partnership to gain an insight into the state of the voluntary and community sector as it emerges from the Covid-19 Pandemic.
Innovation Fund - to develop and implement a community transport business plan for joint working with Rushcliffe CVS. The balance at the yearend is negative, the funds will be received in the new financial year in arrears.
Page 18
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
**These are the figures for the previous accounting period and are included for comparative purposes:**
|**Unrestricted funds**
**_General_**
General fund
**Restricted**
Community Engagement
Project
Dementia Project
Door to Door Project
Nottinghamshire Together
Social Prescribing Project
Ollerton Development
Project
Reaching Communities
Vounteer Centre
Coronavirus
Divisional fund
Golden Thread
Phoenix
Vaccination Programme
VC SEP
Listening Line
Safer Streets
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2020**
**£**
56,251
12,864
-
2,158
2,865
7,950
2,635
29,246
900
-
-
-
-
-
-
-
-
58,618
114,869|**Incoming**
**resources**
**£**
4,102
46,602
22,000
12,457
11,796
-
26,250
-
11,260
21,085
1,500
10,000
44,782
61,615
3,000
26,315
6,000
304,662
308,764|**Resources**
**expended**
**£**
(3,039)
(37,903)
(19,541)
(13,506)
(7,800)
(6,376)
(31,591)
(28,643)
(8,314)
(21,010)
(468)
-
(43,964)
(39,665)
(2,356)
(12,888)
(5,908)
(279,933)
(282,972)|**Transfers**
**£**
9,220
(1,752)
(2,459)
(1,109)
-
(1,574)
2,706
(603)
(1,752)
(75)
(1,032)
-
(818)
-
-
(660)
(92)
(9,220)
-|**Balance at**
**31 March**
**2021**
**£**
66,534
19,811
-
-
6,861
-
-
-
2,094
-
-
10,000
-
21,950
644
12,767
-|
|---|---|---|---|---|---|
||||||74,127|
||||||140,661|
Page 19
## **Newark and Sherwood Community and Voluntary Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **21 Analysis of net assets between funds**
## **Unrestricted**
||**Unrestricted**|||
|---|---|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**General**
**£**
1,714
92,446
(414)
93,746
**Unrestricted**
**General**
**£**
2,577
63,957
-
66,534|**Restricted**
**£**
-
45,975
(4,798)
41,177
**Restricted**
**£**
-
79,280
(5,153)
74,127|**2022**
**Total funds**
**£**
1,714
138,421
(5,212)|
||||134,923|
||||**2021**
**Total funds**
**£**
2,577
143,237
(5,153)|
||||140,661|
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