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2024-03-31-accounts

Company number: 3162873 Charity number: 1053806

Community Action Hampshire Report and Financial Statements

31 March 2024

Community Action Hampshire

Report of the trustees

For the year ended 31 March 2024

Contents

Reference and Administratve Details 2
Report of the Trustees 4
Report of the independent examiner 13
Statement of Financial Actvites (incorporatng an income and expenditure account) 14
Balance sheet 15
Statement of Cash Flows 16
Notes to the Financial Statements 17

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Community Action Hampshire

Report of the trustees

For the year ended 31 March 2024

Reference and Administrative Details

Charity Number: 1053806 registered in England and Wales Company Number: 3162873 incorporated and registered in England and Wales Registered Office: The IncuHive Space, Hursley Park Road, Winchester, SO21 2JN Telephone: 01962 854971

Website: www.actonhampshire.org Email: info@actonhampshire.org

Our advisers

Independent examiner: Sayer Vincent LLP, 110 Golden Lane, London EC1Y 0TG

Principal bankers: Unity Trust Bank plc, Nine Brindley Place, Birmingham B1 2HB

Investment Managers: CCLA Investment Managers Ltd, Senator House, 85 Queen Victoria Street, London, EC4V 4ET

Directors and trustees

The directors of the company in office during the year and up to the date of this report, who are trustees for the purposes of charity law, were:

Richard Barritt (Interim Chairperson) Savannah Sawdy Julie Amies Katharine English (resigned 28 March 2024) Margaret Geary (resigned 1 June 2023) Kate Shurety Nagina Kalem Sarah Quarterman David Laing Ian Bowes (appointed 3 April 2023) Dr Tika Ratna (appointed 1 July 2023)

Company Secretary:

Denise Lavers (resigned 6 February 2024) Leah Campbell (appointed 5 February 2024, resigned 2 May 2024) Savannah Sawdy, Director (appointed 2 May 2024)

Chair of the Finance Commitee:

David Laing

Key management personnel

Senior Leadership Team

Chief Executive Officer

Head of Operations Head of Community (previously Head of VCSE Support and Engagement)

Leah Campbell – resigned 2 May 2024 Nicky Judd – appointed 3 May 2024 Denise Lavers – resigned 6 February 2024 Nicky Judd

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

Report of the Trustees

The trustees present their report and the financial statements for the year ended 31 March 2024.

Reference and administrative information set out on page 2 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association, the requirements of a directors’ report as required under company law, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Our Charity Objectives

The objectives of the Charity are:

Statement on Public Benefit

The trustees have given due regard to public benefit when planning the Charity’s activities, in accordance with Sections G2 and G3 of the Charity Commission’s General Guidance on Public Benefit (January 2008). The Charity benefits organisations and communities by helping to provide the skills, knowledge, resources, advice, and information needed to fully realise potential. These benefits are directly related to the aims of the charity and are fully compliant with Principles 1 and 2 of the Charity Commission Principles on Public Benefit.

Action Hampshire’s Vision, Mission and Approach

Action Hampshire’s vision is of strong, connected communities in a just and equitable world. All our work is driven and underpinned by our values that we are:

Our mission is to work with communities, community organisations and businesses with a social purpose, empowering them to thrive. We are a trusted advocate, listening to communities and championing voluntary and social action. We collaborate to enable positive, sustainable change. Our aims are to:

  1. To strengthen and connect Voluntary, Community or Social Enterprise (VCSE) leaders, organisations and networks

  2. To promote community-led and place-based action

  3. To champion diversity, challenging inequality and disadvantage

Our approach, the Action Hampshire way, is to resource and fund VCSE organisations through workshops, guidance and onward grants, to work with the communities of which they are a part. In this way we support communities to thrive.

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

Achievements and Performance for the Year

Charitable Actvites

Connecting VSCE leaders, organisations and networks

We support and represent the sector through Hampshire Leadership Forum (HLF), Hampshire Rural Forum, Ukraine Support Group, Hampshire Domestic Abuse Partnership Board, HIOW solutions (engagement) group, HCC mental health and poverty, and its subgroup mental wellbeing and green spaces and taking part in ad hoc opportunities.

Hampshire Leadership Forum: We held an HLF event in which the wider VCSE sector had the opportunity to discuss with HLF representatives their views on a range of topics. Nicky Ward from HCC’s Health & Social Care department gave a presentation on working and communicating with the VCSE sector and Shelley Talbot from the National Lottery spoke about the importance of funding for, and engaging with, grassroots communities. We held several round table discussions in which HLF representatives spoke about the Boards they sit on and how to engage with the wider sector to ensure the voice of the VCSE sector is properly heard. The countylevel Boards on which HLF currently has representatives include Hampshire Health & Wellbeing Board, Hampshire Safeguarding Adults Board, Hampshire Children’s Trust Board and the Improving Mental Health & Wellbeing Board. A full list is available on the HLF page of our website.

Hampshire Rural Forum: Action Hampshire provides secretariat support for the Hampshire Rural Forum, funded by Hampshire County Council. This forum brings together organisations, groups and individuals with a concern for the economic prosperity and well-being of businesses and communities in rural Hampshire, and is currently chaired by Julie Milburn, CEO and Principal of Sparsholt College. It has 4 sub-groups focusing on environmental stewardship; skills and training; connectivity and community resilience.

Hampshire & Isle of Wight VCSE Health and Care Alliance (HIVCA): Through a series of ‘task and finish’ working groups, facilitated by Action Hampshire, a design for the VCSE alliance for the HIOW ICS operating structure was completed in the summer of 2023 and a business case submitted. Partial funding was agreed to cover Action Hampshire’s support to establish elements of the model including a leadership committee, thematic leads and some ad hoc representation. Action Hampshire has worked with the ICB to establish the alliance, socialising it to partners in the Integrated Care Partnership. Having established the leadership committee, Action Hampshire continues to provide project management support as the alliance begins to establish itself.

Strengthening VCSE organisations

A thriving VCSE sector is vital for thriving communities and so we support our membership and the wider VCSE sector in several ways, through providing guidance, support and training, and through specific projects for which we secure funding, always looking to use those projects to strengthen the VCSE sector.

Acton Hampshire Membership: Our members benefit from guidance, support and training, information about funding opportunities, membership of our Community Buildings Advice Service, discounted posts on our jobs board and opportunities to connect with other VCSEs. The bi-weekly Member newsletter focuses on networking and connecting in Hampshire, and information on governance, policy, good news stories, up and coming events, resources, surveys, support for our members, funding and urgent announcements.

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

News You Can Use: This sector-wide bi-weekly newsletter focuses on urgent announcements, funding opportunities, events, information and support for organisations and their beneficiaries, and a snapshot of the types of resources, information and funding that users can get if they become a member. At year end we had approximately 100 member subscribers and 1365 NYCU subscribers.

Connect Fund: This project equips organisations with knowledge about social investment, raises awareness of investment opportunities, and creates peer support networks, enabling organisations to ready themselves to pursue investment opportunities that will benefit their organisation and beneficiaries. This is achieved through online information, introduction sessions and social investor panels.

Community Building support: We continue to offer specialist support to rural community buildings through bespoke guidance, regular newsletters, county-wide sessions, and district sessions incorporating guest speakers on a range of topics such as incorporation, business planning, marketing and risk management. During the year, 53 rural community buildings were given specific guidance and information on a wide range of issues and 278 community buildings were on our mailing list at year end receiving support and information including about: Government consultations (VAT relief on energy saving materials, and the Terrorism (Protection of Premises) draft bill), new / revised grant schemes (including the national energy efficiency grant scheme), new resources for community buildings, and Village Halls Week in March.

Rural Community Council / ACRE network member for Hampshire: Action Hampshire receives funding from Defra to provide the Rural Community Council in Hampshire. This enables us to provide specialist support for rural community buildings and delivering on Defra’s key priorities (Digital skills & inclusion; rural life opportunities; social infrastructure; rural transport; net zero & affordable energy; housing and planning; business support and social enterprise development), directly and in tandem with several of our other projects and partnerships. With new funding from Defra, we have been able to re-establish our Rural Housing Enabling Programme, working with partners to develop affordable housing schemes in rural areas.

Hampshire Communities for People and Planet: This project builds capacity in VCSE organisations delivering climate action to find out from communities, especially underserved communities, their perceptions of climate action; the action they take, the barriers to action, what they would like to do and what support they need.

Listening to communities and promoting community-led and place-based action

Our research work has grown this year, having successfully secured, with partners, national funding for our Raising Voices in Research project and appointing a Community Researcher. Through our research and engagement projects Action Hampshire seeks to form an effective bridge between statutory sectors and the expertise and lived experience of VCSE organisations and their communities.

Raising Voices in Research Phase 2: Action Hampshire partnered with the Hampshire and Isle of Wight ICS, University Hospital Southampton, the University of Winchester and other VCSE organisations to deliver Raising Voices in Research, a programme that aimed to grow research engagement, through both the creation of networks and participation in research. We funded 11 VCSE organisations to undertake two workshops with their community members, to understand their perceptions and needs regarding research and how they would like to be communicated with about research opportunities. Data analysed from the workshops was written into a ‘Local Plan for Research and Pledge,’ and we produced Communications Toolkits to support VCSE organisations to engage their members and for local researchers to better engage underserved communities in research. The project was funded by NHS England Research and Innovation. Phase 2 of Raising

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

Voices in Research further funds VCSE organisations, bringing them together with researchers to put the Local Plan for Research into action.

Infographic of the evaluation of Raising Voices in Research phase 1.

Impact measurement: On behalf of the Hampshire CVS Network, our Community Researcher developed a guide to impact measurement. The impact measurement guidance booklet was shared with the VCSE sector and public sector through partners’ events such as Hampshire County Council’s Mental Health and Green Spaces subgroup of the Poverty and Mental Wellbeing group, and the HIOW Social Prescribers Network.

Greening for Wellbeing Phase 2: Greening for Wellbeing is a research project, funded by NIHR Underserved Communities fund. Following on from the first phase, Action Hampshire is partnering with VCSE organisations who are delivering green activities with underserved communities to support their health and wellbeing. We funded and supported the VCSE organisations to codesign with their communities, a range of impact measurement tools. These were then collated into an Impact Measurement toolkit, which is available to all VCSE organisations to help them measure and evidence their impact on the health and wellbeing of their participants.

The Bill Sargent Trust research project: The Trust is a research charity demonstrating the need for housing and funding support in Hampshire (including Portsmouth and Southampton) by commissioning research into issues related to poverty and homelessness. The Trust was established in 1994 and ran independently for many years, producing a variety of research reports.

Now approaching closure, in June 2023 the Trust commissioned Action Hampshire to complete one final research project to explore the impact of homeless services on the mental health of service users and their perceptions of homeless services. Working with a local homeless charity and their associated Service User and Residents Association, we have used various creative data collection methods, and analysis demonstrates that being shown humanity is an important factor in whether experiences with homeless services have a

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

positive or negative effect on service users’ mental health. Additionally, a plethora of perceptions of homeless services based on individual experiences were uncovered, leading participants to believe little change is possible, as those who could help are part of and are stuck within a broken system. Together these themes have been used to suggest five co-created recommendations which should be taken into consideration by stakeholders within all levels of homeless services and the wider system.

Fraton Big Local: Action Hampshire is the “Locally Trusted Organization” for Fratton Big Local (FBL) – a £1,000,000 10-year project aimed at regenerating the Fratton area. The programme is managed nationally by the Local Trust and is funded by the Big Lottery Fund. During the year, the FBL Partnership has undertaken planning future sustainability beyond the life span of FBL including establishing a legacy organisation, ‘Fratton Together’.

Championing diversity, challenging inequality and disadvantage

Warmth Maters: This programme, funded annually by Scottish & Southern Energy Network (SSEN), aims to help the energy sector reach vulnerable energy users and provide information. Delivered in partnership with Surrey Community Action, as the SSEN area covers Hampshire & Surrey, the project focuses on supporting eligible individuals and families to sign up for the Priority Services Register (PSR) so that they receive additional assistance in a power cut, whether planned or an emergency. This has been achieved through attending events and collaborating with VCSE partners to provide information and guidance to energy users in vulnerable groups.

Communites Against Cancer: Communities Against Cancer project continued its work to support VCSE organisations championing diversity and inclusion when raising awareness of cancer. This was the first project to use the Action Hampshire approach of enabling community-based action and continues to be a pathfinder for that collaborative approach. A comprehensive independent evaluation was completed for the 2020-2022 iteration as shown below.

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Community Action Hampshire

Report of the trustees

For the year ended 31 March 2024

Communites Tackling Loneliness with Transport: This a 1-year pilot project funded by the Department for Transport (DfT) which Action Hampshire project managed including project reporting to the DfT progress reports and financial recording, ended in July 2023. The Hampshire-wide project involved three delivery partners – Age Concern Hampshire, MHA and Good Neighbours Network, each sharing in the funding and delivering a sustainable transport model to older residents who may be experiencing loneliness. The project was evaluated by the University of Winchester and key learnings from the project were presented at a celebration event in Winchester on 1 March. Action Hampshire continues to share learning from the project and champion the importance of social connection.

Operatonal Changes

3-year strategy

In January 2023, the Board of Trustees agreed a 3-year strategy of transformation to enable the organisation to be sustainable for the future and continue our work for strong, connected communities. This involved moving to teams-based approach, enabling project staff to be deployed across multiple projects; diversifying funding streams; a focus on staff wellbeing; and a process to review, consult and then relaunch Action Hampshire’s identity. Alongside this internal change we have continued to deliver projects that help us realise our objectives and vision and fulfil our purpose.

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

Office premises

As part of the transformation, in consultation with the Senior Leadership Team, the Board agreed not to renew the lease on our office base in central Winchester, which came to an end in January 2024. Westgate Chambers had been Action Hampshire’s home for 10 years but, because of the Covid pandemic, many staff continued to work primarily from home, and we could no longer justify the expense required to maintain and upkeep a building of this size. The staff team work remotely from home, with regular co-working, social events and away days arranged to ensure face to face connections between staff members are continued. We continue to review options for a cost-effective office base in Hampshire.

Future Plans

The Action Hampshire approach means we have several projects continuing or starting in the 2024-25 financial year. These include several projects supporting and amplifying the voices of underserved communities through working with the VCSE organisations who are embedded in those communities. These include an engagement strand of Healthwatch Hampshire, Safe and Warm Communities, and further community research projects where communities will identify their own research priorities.

Financial Review

Net Incoming/Outgoing Resources

The charity budgeted for a deficit in the year to 31 March 2024, and while income was below budget, cost reduction measures contributed to a smaller operating deficit than planned. In addition, investment gains and the release of a pension provision resulted in a small surplus for the year.

The 3-year strategy is addressing the challenges of reducing income and increasing operating costs and is expected to be completed during the year ending 31 March 2026, by which time the charity should be operating at break-even.

Having closed our defined benefit pension scheme to new members in 2019, it was closed for remaining active members from October 2023. Responsibility for all accrued obligations was transferred to the local authority pension service and all active members were enrolled in the charity’s defined-contribution pension scheme. The defined benefit actuarial pension provision of £208,000 was released in the year to 31 March 2024.

The charity vacated its Westgate Chambers offices in January 2024, and the cost savings will provide an opportunity to use more convenient and cost-effective spaces for meetings and functions when required.

The charity received income from donations and legacies of £72,307 (2023: £58,943), charitable activities of £686,941 (2023: £1,202,929), trading of £82,849 (2023: £111,451) and investment income of £58,329 (2023: £64,820). The reduction in income from charitable activities is mainly due to the conclusion of the “Tackling Loneliness” project in 2023 which generated income last year of £567,000.

Unrestricted funds show net outgoing resources for the year of £127,945 before accounting for the actuarial gain on defined benefit pension scheme of £155,000 and a gain on investments of £98,420. Restricted funds show net incoming resources for the year of £70,830.

The statement of financial activities shows income and expenditure in respect of each of the charity’s main areas of activity.

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

Reserves, Investment Policy and Going Concern

In August 2013 the Board appointed CCLA as external investment managers and takes their advice in investment strategy. Long term investments have been made in a range of CCLA funds, with the object of securing a sustainable income while maintaining capital value. CCLA reports regularly to the Finance Committee and to the Board. There was a gain in the market value of investments during the year of £98,420, and full details of the 2023-24 performance are given in the financial statements in note 18.

The charity’s reserves increased significantly in early 2014 as a result of the sale of its single major asset, Beaconsfield House, which had been Action Hampshire’s operational base. The sale proceeds were invested to support and develop the organisation, securing its ability to meet the needs of current and future members in an increasingly difficult financial environment as well as fund leased office space.

The Board maintains current accounts with Unity Trust Bank plc and Lloyds Bank plc.

As of 31 March 2024, the charity had cash reserves of £145,239 and investments held in the CCLA COIF Charities Deposit and Investment Funds totalling £1,731,028.

The Board aims to maintain free reserves of at least six months of unrestricted expenditure. The trustees consider that this is the minimum required to manage variations in income generation and timing, unexpected expenses, and other financial challenges without impacting support for our members and beneficiaries.

At 31 March 2024, six months of unrestricted expenditure was £261,377 and unrestricted reserves were £546,655. Designated reserves totalling £1,020,000 were held for the completion of the three-year strategic plan, volatility in investment market values, setting up new office space and the ongoing provision of infrastructure services.

Unrestricted reserves represent 12.5 months’ worth of unrestricted expenditure, and therefore the trustees consider the charity to be a going concern. The unrestricted reserves are in excess of the minimum required level but the senior leadership team and trustees are aware that the charity can only continue to operate at a deficit for a limited period and so have implemented a three-year strategic plan aimed at taking advantage of emerging opportunities, and strengthen operations and finances of the charity to maximise the long-term support of our members and beneficiaries. The strategic plan is expected to be completed during the financial year to 31 March 2026 and by then the charity should not be operating at a deficit.

Restricted funds are designed to be self-sufficient and to support themselves from their own reserves.

Structure, Governance and Management

Community Action Hampshire, whose operating name is Action Hampshire, is a company limited by guarantee and is a registered charity. It was incorporated in 1996 and was previously an unincorporated association formed in 1951.

Full members comprise voluntary, community and social enterprise organisations (including unincorporated groups and individuals). Associate members are private or public sector organisations with an interest in the voluntary, community or social enterprise sector, including social enterprises that are private limited companies. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

The governing document is the company’s Articles of Association, a single document adopted at a general meeting held in November 2009 to reflect the Companies Act 2006. Revised and updated Articles of Association were adopted at the AGM in November 2013, but with no change to the charity’s objects.

Board of Trustees

When recruiting trustees, the organisation ensures that the Board has a comprehensive range of skills and that the trustees come from all areas of Hampshire. Trustees elected for the first time must be proposed by a member. Members elect trustees at the AGM. The number of trustees shall not exceed twelve nor be less than five, of whom a simple majority must be elected. As of 31 March 2023, there were 9 trustees. The trustees may act notwithstanding any vacancies in their number.

In accordance with the Articles of Association, one third of the non-co-opted trustees stands down at the AGM and can seek re-election. No trustee may serve continuously for more than nine years unless holding the office of chairperson. Trustees can be co-opted by elected trustees; they leave office at the AGM following their co-option unless re co-opted.

Inducton and training of trustees: New trustees receive a full, planned induction. They are fully briefed on their legal responsibilities under charity and company law, the content of the Articles of Association, the committee and decision-making processes, the business plan, and recent financial performance of the charity. During the induction period they meet key employees and other trustees. All trustees are expected to attend trustee training events and, when possible, organisational training events and away days.

Organisaton: The Board of trustees is responsible for setting the overall direction and policies of the organisation. The Board also has a Finance Committee. The Chief Executive is responsible to the Board for the implementation of policies and decisions.

Related partes: None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with any supplier or contractor must be disclosed to the full Board of trustees in the same way as any other contractual relationship with a related party. Related party transactions are reported in note 10.

Pay policy for senior staf: The Board of trustees, and the senior management team comprise the key management personnel of the charity in charge of directing and controlling, running, and operating the charity on a day-to-day basis. No trustee received remuneration in the year. Details of trustees’ expenses and related party transactions are disclosed in note 8 and note 10 to the accounts. The pay of senior staff is reviewed annually and normally increased in accordance with cost-of-living increases, when finances allow.

Risk Management: The trustees have a risk management strategy which comprises:

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Community Action Hampshire

Report of the trustees For the year ended 31 March 2024

This work has identified that financial sustainability is the major financial risk for the charity. Active management of the charity’s working capital and regular cash flow forecasting are key elements in the management of this risk, drawing down on earnings and capital from long-term investments when needed. Attention has also been drawn to non-financial risks arising from shortfalls in staffing, governance, and legal obligations. These risks are managed by having robust policies and procedures in place across all operational areas.

Fundraising

The charity does not undertake any significant fundraising requiring legal reporting in the accounts.

Trustees’ responsibilities in relation to the financial statements

The trustees (who are also directors of Community Action Hampshire for the purposes of company law) are responsible for preparing the report of the trustees and the financial statements in accordance with applicable law and United Kingdom Accountancy Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping adequate accounting records that 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. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies’ regime.

By order of the Board of trustees

Richard Barritt, Chairman 29 November 2024

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Independent Examiner's Report to the Trustees of Community Action Hampshire

Independent examiner's report to the trustees of Community Action Hampshire ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:

  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

  2. 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

  3. 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.

Fleur Holden Sayer Vincent LLP 110 Golden Lane LONDON EC1Y 0TG

Date: ..12 December 2024......

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Community Action Hampshire

Statement of Financial Activities

(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling disadvantage
Consultancy, advice and training
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling disadvantage
Consultancy, advice and training
Dilapidation provision, and subsequent reversal, for
liabilities and charges
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
24
Other recognised gains/(losses)
Actuarial gains on defined benefit schemes
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
72,307
-
2,400
21,283
13,174
82,849
58,329
250,342
63,506
145,992
100,062
142,537
57,502
(131,312)
378,287
98,420
(29,525)
6,321
155,000
131,796
1,434,859
1,566,655		 Restricted
funds
£
-
110,680
257,027
282,377
-
-
-
650,084
-
87,797
204,764
286,693
-
-
579,254
-
70,830
(6,321)
-
64,509
191,963
256,472		 2024
2023 restated*
Total
Total
funds
funds
£
£
72,307
58,943
110,680
123,234
259,427
224,251
303,660
851,854
13,174
3,590
82,849
111,451
58,329
64,820
900,426
1,438,143
63,506
47,455
233,789
323,996
304,826
449,835
429,230
889,998
57,502
159,823
(131,312)
150,000
957,541
2,021,107
98,420
(87,941)
41,305
(670,905)
-
-
155,000
1,496,000
196,305
825,095
1,626,822
801,727
1,823,127
1,626,822

*Restatement of comparatives : the comparatives have been restated, for presentational purposes, to show the £150,000 dilapidation charge separately on the face of the Statement of Financial Activities. Support costs allocated to raising funds and charitable activities have subsequently reduced by £150,000.

The notes form part of these financial statements

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Community Action Hampshire (Registered number: 03162873)

Balance Sheet

31 March 2024
Notes
FIXED ASSETS
Investments
18
CURRENT ASSETS
Debtors
19
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
20
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
PROVISIONS FOR LIABILITIES
22
PENSION LIABILITY
25
NET ASSETS
FUNDS
24
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2024
£
1,734,128
67,057
145,239
212,296
(123,297)
88,999
1,823,127
-
-
1,823,127
1,566,655
256,472
1,823,127		 2023
£
2,088,819
109,296
75,363
184,659
(288,656)
(103,997)
1,984,822
(150,000)
(208,000)
1,626,822
1,434,859
191,963
1,626,822

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 29 November 2024 and were signed on its behalf by:

R Barritt - Trustee , 29 November 2024

The notes form part of these financial statements

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Community Action Hampshire

Cash Flow Statement
for the Year Ended 31 March 2024
2024
Notes
£
Cash flows from operating activities
Cash generated from operations
27
(441,464)
Net cash used in operating activities
(441,464)
Cash flows from investing activities
Purchase of fixed asset investments
(46,989)
Sale of fixed asset investments
500,000
Interest received
58,329
Net cash provided by investing activities
511,340
Change in cash and cash equivalents in the
reporting period
69,876
Cash and cash equivalents at the beginning of
the reporting period
75,363
Cash and cash equivalents at the end of the
reporting period
145,239		 2023
£
(367,202)
(367,202)
(212,420)
470,000
64,820
322,400
(44,802)
120,165
75,363

The notes form part of these financial statements

16

Community Action Hampshire

Notes to the Financial Statements for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Community Action Hampshire is a charitable company limited by guarantee and is incorporated in the United Kingdom. The registered office address is Westgate Chambers, Staple Gardens, Winchester, SO23 8SR.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10.

Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The charity has net assets of £1,823,127 at the year end. Net current assets are £88,999 and the charity has investments of £1,734,128. There was a net increase in funds for the year of £196,305, though £155,000 related to actuarial gains on the defined benefit pension scheme and £131,312 related to the release of the dilapidation provision. The balance sheet remains strong. On this basis, the trustees consider it appropriate to prepare the financial statements on the going concern basis. This assumes that the charity will continue in operational existence for the foreseeable future. In making this assessment the trustees have reviewed the balance sheet, the likely future cash flows of the charity and have considered the funds available at this point in time.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Interest on funds held on deposit and income from investment funds is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the income paid or payable by the bank or fund.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

17

continued...

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Expenditure

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Allocation and apportionment of costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned based on staff time attributable to each activity.

Where information about the aims, objectives and projects of the charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

Where such information about the aims, objectives and projects of the charity is also provided to potential donors, activity costs are apportioned between fundraising and charitable activities on the basis of area of literature occupied by each activity.

Redundancy / Termination payments

Termination benefits are measured at the best estimate of the expenditure required to settle the obligation at the reporting date. If the expected settlement date of the termination payments is 12 months or more after making the provision and the effect would be material, the present value of the obligation is calculated using an appropriate discount rate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on straight line basis Computer equipment - 33% on straight line basis

Fixed assets are capitalised where the purchase price exceeds £1,000. Depreciation and amortisation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity participated in a defined benefit pension scheme. The assets of the scheme were held and managed separately from those of the charity. On 31 August 2023 all 7 members of staff left the scheme.

The charity had adopted the full requirements of Financial Reporting Standard 102 - Accounting for Defined Benefit Schemes (FRS102). Current or past service costs and gains, as determined by the scheme’s actuary, were charged to the statement of financial activities. Pension finance costs or income were included within total resources expended or incoming resources as applicable. Actuarial gains and losses arising were recognised within ‘gains and losses’ on the statement of financial activities.

The deficit on the scheme, represented the shortfall of the value of the scheme assets below the present value of the scheme liabilities was recognised as a liability on the balance sheet to the extent that the employer charity has a legal or constructive obligation for the liability. A corresponding pension reserve was included within total unrestricted funds. As all staff members have now left the scheme, the charity has no further obligations or liabilities.

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

18

continued...

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Listed investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities and any excess of fair value over the historic cost of the investments will be shown as a fair value reserve in the balance sheet. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading 'Net gains/(losses) on investments' in the statement of financial activities. The charity does not acquire put options, derivatives or other complex financial instruments.

Non-listed investments

Non-listed investments are recognised at cost.

Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. DONATIONS AND LEGACIES

Unrestricted
funds
£
Donations
18,307
Grants
54,000
72,307
Grants received, included in the above, are as follows:
Hampshire County Council (HCC)
OTHER TRADING ACTIVITIES
Unrestricted
funds
£
Rental income
65,244
Training, membership fees and other income
17,605
82,849		 Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-		 2024
Total
funds
£
18,307
54,000
72,307
2024
£
54,000
2024
Total
funds
£
65,244
17,605
82,849		 2023
Total
funds
£
443
58,500
58,943
2023
£
58,500
2023
Total
funds
£
90,958
20,493
111,451

Grants received, included in the above, are as follows:

4. OTHER TRADING ACTIVITIES

19

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

5. INVESTMENT INCOME

Unrestricted
Restricted
funds
funds
£
£
Interest and dividends
58,329
-
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Support for VCSE sector
Grants
Support for community-led action
Fees and contracts
Support for community-led action
Grants
Celebrating diversity and tackling disadvantage
Fees and contracts
Celebrating diversity and tackling disadvantage
Grants
Consultancy, advice and training
Fees and contracts
Consultancy, advice and training		 2024
Total
funds
£
58,329
2024
£
110,680
250,753
8,674
282,377
21,283
4,168
9,006
686,941

6. INCOME FROM CHARITABLE ACTIVITIES

7. RAISING FUNDS Raising donations and legacies

Staff costs
Sundries
Support costs
CHARITABLE ACTIVITIES COSTS
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling
disadvantage
Consultancy, advice and training		 Unrestricted
funds
£
40,342
5,323
17,841
63,506
Direct
Costs (see
note 9)
£
162,557
216,590
175,797
41,199
596,143		 Restricted
funds
£
-
-
-
-
Grant
funding of
activities
(see note
10)
£
5,100
2,111
132,243
-
139,454		 2024
Total
funds
£
40,342
5,323
17,841
63,506
Support
costs (see
note 11)
£
66,132
86,125
121,190
16,303
289,750		 2023 restated
Total
funds
£
19,427
6,482
21,546
47,455
Totals
£
233,789
304,826
429,230
57,502
1,025,347

8. CHARITABLE ACTIVITIES COSTS

20

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

8a. CHARITABLE ACTIVITIES COSTS - comparative

Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling
disadvantage
Consultancy, advice and training
9.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Other staff costs
Operating costs
10.
GRANTS PAYABLE
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling disadvantage		 Direct
Costs
£
172,728
247,169
90,454
89,028
599,379		 Grant
funding of
activities
£
6,600
2,594
621,018
-
630,212		 Support
costs
£
144,668
200,072
178,526
70,795
594,061
2024
£
349,541
283
246,319
596,143
2024
£
5,100
2,111
132,243
139,454		 Totals
2023 restated
£
323,996
449,835
889,998
159,823
1,823,652
2023
£
338,404
1,760
259,215
599,379
2023
£
6,600
2,594
621,018
630,212

Wessex Cancer Alliance / Communities Against Cancer funding - grants paid £28,993 (2023: £91,188)

11 grants (2023: 32) were paid to eligible community groups/organisations, ranging in value from £800 to £4,500 (2023: £760 to £5,000).

Fratton Big Local Community Grants funding - grants paid £2,111 (2023: £2,594)

3 grants (2023: 4) were paid to eligible community groups in Fratton, ranging in value from £411 to £850 (2023: £285 to £934).

ICS Rend - grants paid £78,460 (2023: £39,100)

33 grants (2023: 16) were paid to eligible community groups, ranging in value from £500 to £5,200 (2023: £500 to £3,460)

NIHR - grants paid £5,100 (2023: £6,600)

8 grants (2023: 10) were paid to eligible community groups, ranging in value from £550 to £1,100 (2023: £600 to £1,200)

NAVCA Cost of Living - grants paid Nil (2023: £4,500)

No grants were paid to eligible community groups. (2023: 4 grants of £750 each)

Department for Transport Tackling Loneliness- grants paid Nil (2023: £486,230)

No grants were paid to eligible charity's/organisations. (2023: 4grants ranged in value from £37,493 to £177,658).

Bill Sargent Trust - one grant of £6,500 was paid to an eligible charity.

Hampshire Communities for People and Planet - grants paid £18,290

8 grants were paid to eligible charity's/organisations, ranging in value from £1,525 to £2,540

21

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

11. SUPPORT COSTS

SUPPORT COSTS
Management
£
Raising donations and legacies 17,841
Support for VCSE sector 66,132
Support for community-led action 86,125
Celebrating diversity and tackling disadvantage
121,190
Consultancy, advice and training 16,303
307,591
Activity Basis of allocation
Management Staff time attributable to each activity
Support costs, included in the above, are as follows:

Management

Raising
donations
and
legacies
£
Wages
9,959
Social security
1,362
Pensions
70
Other staff costs
643
Operating costs
5,807
Auditor's remuneration
-
17,841
Celebrating
diversity
Consultancy,
and
advice
tackling
and
disadvantage
training
£
£
Wages
67,653
9,101
Social security
9,259
1,246
Pensions
476
64
Other staff costs
4,358
586
Operating costs
39,444
5,306
Auditor's remuneration
-
-
121,190
16,303		 Support
Support
for
for VCSE
community-le
sector
action
£
£
36,917
48,078
5,053
6,580
260
339
2,378
3,097
21,524
28,031
-
-
66,132
86,125
2024
2023 restated
Total
Total
activities
activities
£
£
171,708
257,928
23,500
45,435
1,209
179,608
11,062
2,374
100,112
120,662
-
9,600
307,591
615,607

12. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Independent examination fee (excluding VAT)
Operating lease rentals - property
Operating lease rentals - other
Auditor's remuneration (excluding VAT)		 2024
£
5,000
71,667
-
-		 2023
£
-
86,000
446
9,600

22

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

13. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

Trustees' expense represent the payment or reimbursement of travel and subsistence costs totalling £183 (2023: £65) incurred by 2 (2023: 2) trustees relating to attendance at meetings of the trustees.

14. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Supporting for VCSE sector
Support for community-led action
Celebrating diversity/tackling disadvant
Consultancy, advice and training
Support and admin		 2024
£
527,771
42,395
16,134
586,300
2024
3
3
4
5
7
22		 2023
£
615,759
45,435
179,608
840,802
2023
5
5
4
3
8
25

No employees received emoluments in excess of £60,000.

The total employee benefits including pension contributions and employer's NI of the key management personnel were £150,000 (2023: £186,000).

Total redundancy payments for the year were £14,975 (2023: £49,060).

Employer pension contributions are split between:

15.

Operating costs of defined benefit pension schemes
Employer’s contribution to defined contribution pension schemes
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling disadvantage
Consultancy, advice and training
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds		 2024
£
(7,000)
23,134
16,134
Unrestricted
Restricted
funds
funds
£
£
58,943
-
-
123,234
37,628
186,623
-
851,854
3,590
-
111,451
-
64,820
-
276,432
1,161,711
43,246
4,209		 2023
£
171,000
8,608
179,608
Total
funds
£
58,943
123,234
224,251
851,854
3,590
111,451
64,820
1,438,143
47,455

23

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

15. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Charitable activities
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling disadvantage
Consultancy, advice and training
Dilapidation provision
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Other recognised gains/(losses)
Actuarial gains on defined benefit schemes
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
16.
INTANGIBLE FIXED ASSETS
COST
At 1 April 2023 and 31 March 2024
AMORTISATION
At 1 April 2023 and 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
17.
TANGIBLE FIXED ASSETS
COST
At 1 April 2023 and 31 March 2024
DEPRECIATION
At 1 April 2023 and 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023		 Unrestricted
funds
£
214,825
288,656
143,654
145,994
150,000
986,375
(87,941)
(797,884)
1,496,000
698,116
736,742
1,434,858
Fixtures
and
fittings
£
36,586
36,586
-
-		 Restricted
funds
£
109,171
161,179
746,344
13,829
-
1,034,732
-
126,979
-
126,979
64,985
191,964
Computer
equipment
£
12,977
12,977
-
-		 Total
funds
£
323,996
449,835
889,998
159,823
150,000
2,021,107
(87,941)
(670,905)
1,496,000
825,095
801,727
1,626,822
Computer
software
£
24,857
24,857
-
-
Totals
£
49,563
49,563
-
-

24

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

18. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 April 2023
Additions
Disposals
Change in fair value
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
There were no investment assets outside the UK.
Analysis of investments:
CCLA COIF Charities Investment Fund
CCLA COIF Charities Deposit Fund
Investment in Subsidiary - AH Activate Ltd
Investment in Community Infrastructure Partnership CIC
Investment in Cirican		 2024
1,168,015
563,013
-
100
3,000
1,734,128		 Investments
£
2,088,819
46,989
(500,100)
98,420
1,734,128
1,734,128
2,088,819
2023
1,869,594
216,025
100
100
3,000
2,088,819

The charity owned 100% of the share capital of AH Activate Limited, a company limited by shares (company number 10495826) and based in the UK. AH Activate Limited was closed during the year ended 31 March 2024.

During 2019/20 the charity made a £3,000 investment in Cirican LLP, a Limited Liability Partnership with ACRE and 16 other Rural Community Councils.

During 2019/20 the charity made a £100 investment in Community Infrastructure Partnership a Community Interest Company with 6 other CVSs.

19. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments and accrued income		 2024
£
38,430
13,155
15,472
67,057		 2023
£
63,559
-
45,737
109,296

25

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

20. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accrued expenses		 2024
£
66,255
15,922
6,943
-
34,177
123,297		 2023
£
172,257
5,223
3,003
22,230
85,943
288,656
Deferred income
Deferred income at 1 April 2023
Resources deferred in the year
Amounts released from previous years
Deferred Income at 31 March 2024		 2024
£
22,230
-
(22,230)
-		 2023
£
178,308
22,120
(178,308)
22,230

21. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
22.
PROVISIONS FOR LIABILITIES
Provisions		 2024
£
-
2024
£
-		 2023
£
71,667
2023
£
150,000

The charity gave notice to leave the premises they occupy during the year and as such a provision for dilapidation was made at the best estimate of the amount that was be payable. Since the year end negotiations with the landlord have completed and resulted in settlement of some £10,277 plus professional fees. Therefore the provision has been released to the Statement of Financial Activities.

23. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS
Investments
Current assets
Current liabilities
Provision for liabilities
Pension liability		 Unrestricted
funds
£
1,734,128
(44,176)
(123,297)
-
-
1,566,655		 Restricted
funds
£
-
256,472
-
-
-
256,472		 2024
Total
funds
£
1,734,128
212,296
(123,297)
-
-
1,823,127		 2023
Total
funds
£
2,088,819
184,659
(288,656)
(150,000)
(208,000)
1,626,822

26

continued...

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

23. ANALYSIS OF NET ASSETS BETWEEN FUNDS - continued

COMPARATIVE ANALYSIS OF NET ASSETS BETWEEN FUNDS

Investments
Net current assets/(liabilities)
Provision for liabilities
Pension liability		 Unrestricted
funds
£
2,088,819
(295,960)
(150,000)
(208,000)
1,434,859		 Restricted
funds
£
-
191,963
-
-
191,963		 2023
Total funds
£
2,088,819
(103,997)
(150,000)
(208,000)
1,626,822

24. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Fair Value reserve
Pension reserve
3 year strategy
Volatility of CCLA investment values
New office space
Infrastructure services
Restricted funds
Fratton Big Local
Scottish & Southern Electricity Network
Wessex Cancer Alliance
HIVCA
Tackling Loneliness
ICS REND
NIHR Greening for Wellbeing
Accelerating Women in Enterprise
Connect Peer Fund Network
Hampshire Communities for People and Planet
(HCPP)
HIOW Voices
Rural Housing
TOTAL FUNDS		 At 1.4.23
£
56,843
1,186,016
(208,000)
400,000
-
-
-
1,434,859
36,354
3,171
41,243
11,881
61,825
27,519
5,970
4,000
-
-
-
-
191,963
1,626,822		 Net
movement
in funds
£
(180,945)
98,420
208,000
-
-
-
-
125,475
39,043
16,488
17,166
20,927
(46,867)
(8,443)
(3,309)
(5,693)
7,988
17,341
2,970
13,219
70,830
196,305		 Transfers
between
funds
£
124,102
(737,781)
-
(300,000)
180,000
240,000
500,000
6,321
(8,014)
-
-
-
-
-
-
1,693
-
-
-
-
(6,321)
-		 At
31.3.24
£
-
546,655
-
100,000
180,000
240,000
500,000
1,566,655
67,383
19,659
58,409
32,808
14,958
19,076
2,661
-
7,988
17,341
2,970
13,219
256,472
1,823,127

27

continued...

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

24. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Fair Value reserve
Pension reserve
Restricted funds
Rural Community Action Network
Fratton Big Local
Scottish & Southern Electricity Network
Wessex Cancer Alliance
HIVCA
Tackling Loneliness
ICS REND
NIHR Greening for Wellbeing
Accelerating Women in Enterprise
Connect Peer Fund Network
Hampshire Communities for People and Planet
(HCPP)
HIOW Voices
Rural Housing
TOTAL FUNDS		 Incoming
resources
£
250,342
-
-
250,342
44,675
173,306
23,660
100,000
71,000
-
121,700
9,220
-
26,460
37,017
4,000
39,046
650,084
900,426		 Resources
expended
£
(431,287)
-
53,000
(378,287)
(44,675)
(134,263)
(7,172)
(82,834)
(50,073)
(46,867)
(130,143)
(12,529)
(5,693)
(18,472)
(19,676)
(1,030)
(25,827)
(579,254)
(957,541)		 Gains and
Movement
losses
in funds
£
£
-
(180,945)
98,420
98,420
155,000
208,000
253,420
125,475
-
-
-
39,043
-
16,488
-
17,166
-
20,927
-
(46,867)
-
(8,443)
-
(3,309)
-
(5,693)
-
7,988
-
17,341
-
2,970
-
13,219
-
70,830
253,420
196,305

28

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

24. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1.4.22
£
Unrestricted funds
General fund
898,785
Westgate Chambers Lease and Maintenance
100,000
Action Hampshire Business Development
50,000
Fair Value reserve
1,273,957
Pension reserve
(1,586,000)
3 year strategy
-
736,742
Restricted funds
Rural Community Action Network
4,483
VCSEP
4,750
Fratton Big Local
22,346
Scottish & Southern Electricity Network
440
Wessex Cancer Alliance
-
HIVCA
15,657
Hampshire Rural Forum
575
HIWCF Strategic Digital Funding
16,734
Tackling Loneliness
-
ICS REND
-
NIHR Greening for Wellbeing
-
Accelerating Women in Enterprise
-
64,985
TOTAL FUNDS
801,727		 Net
movement
in funds
£
(534,973)
(56,969)
-
(87,941)
1,378,000
-
698,117
(4,483)
(4,750)
14,008
2,731
41,243
(3,776)
(575)
(16,734)
61,825
27,519
5,970
4,000
126,978
825,095		 Transfers
between
funds
£
(306,969)
(43,031)
(50,000)
-
-
400,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 At
31.3.23
£
56,843
-
-
1,186,016
(208,000)
400,000
1,434,859
-
-
36,354
3,171
41,243
11,881
-
-
61,825
27,519
5,970
4,000
191,963
1,626,822

29

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

24. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Westgate Chambers Lease and Maintenance
Fair Value reserve
Pension reserve
Restricted funds
Rural Community Action Network
VCSEP
Fratton Big Local
Scottish & Southern Electricity Network
Wessex Cancer Alliance
HIVCA
Hampshire Rural Forum
HIWCF Strategic Digital Funding
Tackling Loneliness
ICS REND
NIHR Greening for Wellbeing
NAVCA Cost of Living Fund
Accelerating Women in Enterprise
TOTAL FUNDS		 Incoming
resources
£
185,474
90,958
-
-
276,432
44,675
6,001
135,947
11,000
176,978
22,000
-
-
566,876
87,000
15,000
10,000
86,234
1,161,711
1,438,143		 Resources
expended
£
(720,447)
(147,927)
-
(118,000)
(986,374)
(49,158)
(10,751)
(121,939)
(8,269)
(135,735)
(25,776)
(575)
(16,734)
(505,051)
(59,481)
(9,030)
(10,000)
(82,234)
(1,034,733)
(2,021,107)		 Gains and
losses
£
-
-
(87,941)
1,496,000
1,408,059
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,408,059		 Movement
in funds
£
(534,973)
(56,969)
(87,941)
1,378,000
698,117
(4,483)
(4,750)
14,008
2,731
41,243
(3,776)
(575)
(16,734)
61,825
27,519
5,970
-
4,000
126,978
825,095

Purposes of restricted funds:

Hampshire Rural Forum

Funding for Action Hampshire to provide the secretariat role for the Hampshire Rural Forum.

Power To Change

Funding to run the Community Business Trade Up programme.

Wessex Cancer Alliance

Funding to cover a social capital project to raise awareness of signs and symptoms of cancer, cancer screening and support early diagnosis within local communities

Fratton Big Local

Grants from Big Local to support the Fratton Big Local project in Portsmouth

Rural Community Action Network

The charity receives funding from Action with Communities in Rural England to finance the work of the Hampshire Rural Community Council

VCSEP

NAVCA -VCSEP Local Infrastructure Network Grant to support Action Hampshire's liaison role with the National Emergency Partnership.

Scottish and Southern Electricity Network

Providing free, accessible and practical information to assist with day to day budgeting, saving money, saving energy and staying safe easier to understand.

HIWCF Strategic Digital Funding

Delivery of training, workshops and coaching aiming to build digital capacity in the sector.

30

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

24. MOVEMENT IN FUNDS - continued ICS Rend

Funding to support the ICS area Hampshire & Isle of Wight to be part of the Embedding the VCSE sector in ICS programme.

NIHR Greening for Wellbeing

Grant payment for Action Hampshire to deliver Greening for Wellbeing; looking at impact measurement of green/nature activities with underserved communities, including onward grants to VCSE organisations.

Accelerating Women in Enterprise

Funding from the School for Social Entrepreneurs, plus match funding, to accelerate women in enterprise.

Tackling Loneliness

Delivery of Communities Tackling Loneliness with Transport in Hampshire project.

Hampshire Communities for People and Planet (HCPP)

Engaging underserved communities in Hampshire climate action

Rural Housing

Enabling affordable rural housing

HIOW Voices

Engagement and consultation for HIOW Integrated Care System's citizens' panel.

Connect Fund Peer Network

This project equips organisations with knowledge about social investment, raises awareness of investment opportunities, and creates peer support networks, enabling organisations to ready themselves to pursue investment opportunities that will benefit their organisation and beneficiaries. This is achieved through online information, introduction sessions and social investor panels.

NAVCA Cost of Living Fund

Cost of Living grant for Infrastructure and Frontline Services.

HICVA

The VCSE alliance for the HIOW Integrated Care System is a vehicle for the VCSE sector to work as equal partners with the Integrated Care System and it's other partners. Action Hampshire coordinate/act as the scecretariate for HIVCA, which includes an assembly of VCSE organisations, thematic leads and a HIVCA leadership committee made up of VCSE system leaders from organisations in the HIOW area.

Purposes of designated funds:

3 year strategy

Funds designated to provide towards the cost of investment in business development and operational costs particularly over the first two years, and significant changes at the organization relating to pensions, digital tools and business development.

Volatility of CCLA investment values

Designating 10% of the value of the investment.

New office space

Funds designated to set up a new office space and the expected annual costs of the new office space.

Infrastructure services

Funds designated to maintain the infrastructure costs of the organisation for the next 10 years.

31

continued...

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

25. EMPLOYEE BENEFIT OBLIGATIONS

The disclosures below relate to the funded liabilities within the Hampshire County Council Pension Fund (the Fund) which is part of the Local Government Pension Scheme. Action Hampshire participated in the Fund which up to 31 March 2014 provided defined benefits based on members' final pensionable salary. From 1 April 2014 the scheme provided benefits based on members' career average salary, with preserved rights for benefits earned under the final salary provisions. On 31 August 2023 all 7 members of staff left the Hampshire County Council Pension Fund, which is part of the Local Government Pension Scheme (LGPS).

Membership of the Local Government Pension Scheme was open to all the charity’s existing employees as at 31 December 2018, new employees from 1 January 2019 are eligible to join the NEST pension scheme. The employer’s contribution to the LGPS for 2023/24 is 21.8%, and the employee’s contribution is between 5.5% and 8.5% of gross salary. All contributors to the LGPS received regular information from the Hampshire Pension Fund.

In accordance with Financial Reporting Standard 102, disclosure of certain information concerning assets, liabilities, income and expenditure related to pension schemes is required.

Contributions for the year ending 31 March 2024

The Employer's regular contributions to the Fund for the accounting period ending 31 March 2024 are £46,000 (2023 £54,000). At 31 March 2024 outstanding contributions were £Nil (2023 £Nil).

The charity also makes payments to NEST, a defined contribution scheme. The costs for the period was £23,160 (2023: £8,608). At 31 March 2024 outstanding contributions were £5,236 (2023 £1,986).

Defined benefit pension plans

Fair value of assets
Present value of defined benefit obligation		 2024
£
-
-
-		 2023
£
5,164,000
(5,372,000)
(208,000)

The amounts recognised in the Statement of Financial Activities are as follows:

Current service cost
Net interest from net defined benefit
asset/liability
Effect of settlements
Past service cost
Actual return on plan assets		 Defined benefit
pension plans
2024
2023
£
£
21,000
129,000
4,000
42,000
(60,000)
28,000
-
(7,000)
171,000
(48,000)
(599,000)

32

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

25. EMPLOYEE BENEFIT OBLIGATIONS - continued

Changes in the present value of the defined benefit obligation are as follows:

Opening defined benefit obligation
Current service cost
Past service cost
Contributions by scheme participants
Interest cost
Benefits paid
Settlements
Remeasurements:
Actuarial (gains)/losses from changes in
demographic assumptions
Actuarial (gains)/losses from changes in financial
assumptions
Actuarial (gains)/losses from
changes in liability
experience
Changes in the fair value of scheme assets are as follows:
Opening fair value of scheme assets
Interest income
Contributions by employer
Contributions by scheme participants
Actuarial gains/(losses)
Benefits paid
Settlements
Return on plan assets (excluding interest
income)		 Defined benefit
pension plans
2024
2023
£
£
5,372,000
7,326,000
21,000
129,000
28,000
-
5,000
15,000
104,000
195,000
(124,000)
(198,000)
(5,203,000)
-
(53,000)
(30,000)
(150,000)
(2,316,000)
-
251,000
-
5,372,000
Defined benefit
pension plans
2024
2023
£
£
5,164,000
5,740,000
100,000
153,000
46,000
53,000
5,000
15,000
-
(599,000)
(124,000)
(198,000)
(5,143,000)
-
(48,000)
-
-
5,164,000

The amounts recognised in other recognised gains and losses are as follows:

Actuarial (gains)/losses from changes in
demographic assumptions
Actuarial (gains)/losses from changes in financial
assumptions
Actuarial (gains)/losses from
changes in liability
experience
Return on plan assets (excluding interest
income)
Asset gains(losses)		 Defined benefit
pension plans
2024
2023
£
£
53,000
30,000
150,000
2,316,000
-
(251,000)
(48,000)
-
-
(599,000)
155,000
1,496,000

33

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

25. EMPLOYEE BENEFIT OBLIGATIONS - continued

The major categories of scheme assets as a percentage of total scheme assets are as follows:

Defined benefit Defined benefit
pension plans
2024 2023
Equities - 57.60%
Government Bonds - 16.50%
Property - 6.80%
Cash - 1.10%
Other - 18.00%
100.00%

Principal actuarial assumptions at the Balance Sheet date (expressed as weighted averages):

2024 2023
Discount rate 5.25% 4.70%
Future salary increases 4.05% 3.70%
Future pension increases 3.05% 2.70%
CPI inflation 3.05% 2.70%
Pension accounts revaluation rate - 2.70%

The current mortality assumptions include sufficient allowance for future improvements in mortality rates. The assumed life expectations on retirement age 65 are:

At 31 August At 31 March
2023 2023
Current pensioners
Males 22.1 years 23.3 years
Females 24.7 years 25.7 years
Future pensioners*
Males 22.6 years 23.8 years
Females 25.7 years 26.7 years

26. RELATED PARTY DISCLOSURES

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

Julie Amies, a Trustee appointed in October 2019 is CEO of Energise Me, a charity which has rented 2 rooms in Westgate Chambers from March 2018. Rental income received from Energise Me during the year end 31 March 2024: £26,290 (2023: £32,400).

27. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
(Gain)/losses on investments
Interest received
Release of provision
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Difference between pension charge and cash contributions
Net cash used in operations		 2024
£
41,305
(98,420)
(58,329)
(150,000)
42,239
(165,259)
(53,000)
(441,464)		 2023
£
(670,905)
87,941
(64,820)
150,000
(54,657)
67,239
118,000
(367,202)

34

continued...

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

28. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank and in hand 75,363 69,876 145,239
75,363 69,876 145,239
Total 75,363 69,876 145,239

35