OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Community Action Hampshire

2025-03-31-accounts

Company number: 3162873 Charity number: 1053806

Community Action Hampshire

Report and Financial Statements 31 March 2025

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

Contents

Reference and Administrative Details 2
Report of the Trustees 4
Independent examiner’s report 10
Statement of Financial Activities (incorporating an income and expenditure account) 11
Balance sheet 12
Statement of Cash Flows 13
Notes to the Financial Statements 14

2

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

Reference and Administrative Details

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

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

Our advisers

Auditor: 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 (resigned 7 July 2025) Julie Amies Kate Shurety Nagina Kalem Sarah Quarterman David Laing Ian Bowes Dr Tika Ratna

Company Secretary:

Leah Campbell, Director (resigned 2 May 2024) Nicola Judd (appointed 7 July 2025)

Chair of the Finance Committee:

David Laing

Key management personnel

Senior Leadership Team Chief Executive Officer Interim Head of People

Nicola Judd Claire Vincent

3

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

Report of the Trustees

The trustees present their report and the audited financial statements for the year ended 31 March 2025.

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.

4

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

Achievements and Performance for the Year

In an ever changing landscape for communities and the VCSE organisations who work with them, our mission to support communities to be strong, equitable and connected has never been more important. In 2024/2025 Action Hampshire piloted and developed innovative approaches such as the Action Hampshire Way to support VCSE organisations to enable community-led action. Though we have experienced the loss of core funding we concluded year 2 of our 3 year strategy in a stronger financial position, having made necessary changes and successfully secured further funding. We strongly believe in being an “effective bridge between the VCSE and public bodies” as the DCMS report into Local Civil Society Infrastructure highlights as a key contribution of organisations like ours. This bridge is not just for representation but for collaborative action.

This year we implemented our Theory of Change and impact measurement tools and are pleased to be able to share our impact report. Next year we will review our theory of change and work on our new strategy that will begin in 2026. For our full impact report in an accessible format please visit our website: www.actionhampshire.org.uk

5

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

6

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

Financial Review

Net Incoming/Outgoing Resources

The charity budgeted for a deficit in the year to 31 March 2025. Income was as planned but expenditure was below budget mainly due to the timing of project-related expenses, and so the charity reported a small operating surplus for the year. However, a loss on the market value of investments returned the charity to a small net deficit for the year.

The current 3-year strategy aims to return the charity to break-even by 31 March 2026 by addressing the challenges of reducing income and increasing operating costs. Previous actions taken as part of this strategy include reductions in staff numbers, closure of the defined benefit pension scheme from October 2023 and vacating its Westgate Chambers offices in January 2024. The year to 31 March 2026 will focus on developing the charity’s staff and processes to optimise income generation and ensuring unfunded activity is kept to a minimum, operating a full cost recovery model.

The charity received income from donations of £80,436 (2024: £72,307), charitable activities of £784,064 (2024: £686,941), trading of £14,775 (2024: £82,849) and investment income of £56,595 (2024: £58,329).

Unrestricted funds show net incoming resources for the year of £594 (2024: £125,475) before gains/losses on investments. Restricted funds show net incoming resources for the year of £19,732 (2024: £70,830).

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

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 loss on the market value of investments during the year of £45,909 (2024: £98,420 gain), and details of the 2024- 25

7

Community Action Hampshire

Report of the Trustees for the Year Ended 31 March 2025

performance are given in the financial statements in note 19.

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 2025, the charity had cash reserves of £336,577 (2024: £145,239) and investments held in the CCLA COIF Charities Deposit and Investment Funds totalling £1,512,038 (2024: £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 2025, six months of unrestricted expenditure was £133,687 (2024: £261,377) and unrestricted reserves were £631,340 (2024: £546,655). Designated reserves totalling £890,000 (2024: £1,020,000) were held for the volatility in investment market values, setting up new office space and the ongoing provision of infrastructure services.

Unrestricted reserves represent 28 months’ (2024: 12.5 months) of unrestricted expenditure, and therefore the trustees consider the charity to be a going concern.

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 the three-year strategic plan helps to take advantage of emerging opportunities, and strengthen operations and finances to maximise the long-term support of our members and beneficiaries.

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.

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 2021, 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 2025, there were 9 trustees. The trustees may act notwithstanding any vacancies in their number.

8

Community Action Hampshire

Report of the Trustees

for the Year Ended 31 March 2025

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.

Induction 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 decisionmaking 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.

Organisation: 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 parties: 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 25.

Pay policy for senior staff: 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 14 and note 25 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:

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.

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

The trustees annual report has been approved by the trustees on 26 November 2025 and signed on their behalf by

Richard Barritt,

Chairperson

9

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

I report to the trustees on my examination of the accounts of Community Action Hampshire for the year ended 31 March 2025.

This report is made solely to the trustees as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity trustees of the Company you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’)/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 the Company’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011 (‘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 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

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.

Signed: Name: Fleur Holden ACA Address: Sayer Vincent LLP, 110 Golden Lane, London, EC1Y 0TG Date: 5 December 2025

10

Community Action Hampshire

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2025

INCOME AND ENDOWMENTS FROM
Notes
Donations
3
Charitable activities
Support for VCSE sector
6
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
Support for VCSE sector
8
Support for community-led action
Celebrating diversity and tackling disadvantage
Consultancy, advice and training
Other
12
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		 Unrestricted
funds
£
30,500
8,950
-
136,319
24,191
11,412
56,595
267,967
68,758
27,026
9,038
113,782
48,769
-
267,373
(45,909)
(45,315)
-
(45,315)
1,566,655
1,521,340		 Restricted
funds
£
49,936
68,940
249,681
285,983
10,000
3,363
-
667,903
11,027
102,660
279,117
245,368
9,999
-
648,171
-
19,732
-
19,732
256,472
276,204		 2025
Total
funds
£
80,436
77,890
249,681
422,302
34,191
14,775
56,595
935,870
79,785
129,686
288,155
359,150
58,768
-
915,544
(45,909)
(25,583)
-
(25,583)
1,823,127
1,797,544		 2024
Total
funds
£
72,307
110,680
259,427
303,660
13,174
82,849
58,329
900,426
63,506
233,789
304,826
429,230
57,502
(131,312)
957,541
98,420
41,305
155,000
196,305
1,626,822
1,823,127

11

The notes form part of these financial statements

Community Action Hampshire (Registered number: 03162873)

Balance Sheet
31 March 2025
FIXED ASSETS
Notes
Investments
19
CURRENT ASSETS
Debtors
20
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
21
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
23
Restricted funds
TOTAL FUNDS		 2025
£
1,515,138
66,900
336,577
403,477
(121,071)
282,406
1,797,544
1,797,544
1,521,340
276,204
1,797,544		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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 26 November 2025 and were signed on its behalf by:

............................................. R Barritt – Trustee

12

The notes form part of these financial statements

Community Action Hampshire

Cash Flow Statement
for the Year Ended 31 March 2025
2025
Notes
£
Cash flows from operating activities
Cash generated from operations
26
(38,338)
Net cash used in operating activities
(38,338)
Cash flows from investing activities
Purchase of fixed asset investments
(26,919)
Sale of fixed asset investments
200,000
Interest received
56,595
Net cash provided by investing activities
229,676
Change in cash and cash equivalents in the
reporting period
191,338
Cash and cash equivalents at the beginning of
the reporting period
145,239
Cash and cash equivalents at the end of the
reporting period
336,577		 2024
£
(441,464)
(441,464)
(46,989)
500,000
58,329
511,340
69,876
75,363
145,239

13

The notes form part of these financial statements

Community Action Hampshire

Notes to the Financial Statements

for the Year Ended 31 March 2025

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 £1,797,544 at the year end. Net current assets are £282,406 and the charity has investments of £1,515,138. There was a net decrease in funds for the year of £25,583, though £45,909 related to losses on investments. The charity made an operational surplus of £20,326 and 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.

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.

14

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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 participates in a defined benefit pension scheme. The assets of the scheme are held and managed separately from those of the charity.

The charity has 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, are charged to the statement of financial activities. Pension finance costs or income are included within total resources expended or incoming resources as applicable. Actuarial gains and losses arising are recognised within ‘gains and losses’ on the statement of financial activities.

The deficit on the scheme, representing the shortfall of the value of the scheme assets below the present value of the scheme liabilities is 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 is included within total unrestricted funds.

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.

15

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

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

Unrestricted
Restricted
Donations
funds
£
-
funds
£
23
Grants
30,500
49,913
30,500
49,936		 2025
Total
funds
£
23
80,413
80,436		 2024
Total
funds
£
18,307
54,000

72,307

All donations income in 2024 was unrestricted. Grants received, included in the above, are as follows:

Hampshire County Council (HCC)
National Lottery Community Fund		 2025
£
30,500
49,913
80,413		 2024
£
54,000
-
54,000

16

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
Rental income
-
-
Training, membership fees and other income
11,412
3,363
11,412
3,363		 2025
Total
funds
£
-
14,775
14,775		 2024
Total
funds
£
65,244
17,605
82,849

All other trading activities income in 2024 was unrestricted.

5. INVESTMENT INCOME

Unrestricted
Restricted
funds
funds
£
£
Interest and dividends
56,595
-		 2025
Total
funds
£
56,595		 2024
Total
funds
£
58,329

All investment income in 2024 was unrestricted.

6. INCOME FROM CHARITABLE ACTIVITIES

Activity
Grants
Support for VCSE sector
Fees and contracts
Support for VCSE sector
Grants
Support for community-led action
Fees and contracts
Support for community-led action
Celebrating diversity and tackling disadvantage
Grants
Celebrating diversity and tackling disadvantage
Fees and contracts
Grants
Consultancy, advice and training
Fees and contracts
Consultancy, advice and training		 2025
£
77,790
100
249,681
-
285,983
136,319
1,900
32,291
784,064		 2024
£
110,680
-
250,753
8,674
282,377
21,283
4,168
9,006

686,941

In 2025, all grants were restricted except for £8,820 Support for VCSE sector.

In 2024, all grants were restricted except for £4,168 Consultancy, advice and training. All fees and contracts for 2025 and 2024 are unrestricted.

7. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
Unrestricted
Restricted
funds
funds
£
£
Staff costs
64,169
-
Sundries
1,843
-
Support costs
2,746
11,027
68,758
11,027		 2025
Total
funds
£
64,169
1,843
13,773
79,785		 2024
Total
funds
£
40,342
5,323
17,841

63,506

17

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

8. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling
disadvantage
Consultancy, advice and training		 Direct
Costs (see
note 9)
£
104,765
146,690
194,211
48,131
493,797		 Grant
funding of
activities
(see note
10)
£
2,980
97,281
103,654
500
204,415		 Support
costs (see
note 11)
£
21,941
44,184
61,285
10,137
137,547		 2025
Totals
£
129,686
288,155
359,150
58,768

835,759
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
Consultancy, advice and training		 Direct
Costs (see
note 9)
£
162,557
216,590
175,797
41,199
596,143		 Grant
funding of
activities
(see note
10)
£
5,100
2,111
132,243
-
139,454		 Support
costs (see
note 11)
£
66,132
86,125
121,190
16,303
289,750
2025
£
379,484
46,114
68,199
493,797
2025
£
2,980
97,281
103,654
500
204,415		 2024
Totals
£
233,789
304,826
429,230
57,502

1,025,347
2024
£
349,541
283
246,319

596,143
2024
£
5,100
2,111
132,243
-
139,454

Wessex Cancer Alliance / Communities Against Cancer funding - grants paid £52,222 (2024: £28,993)

22 grants (2024: 11) were paid to eligible community groups/organisations, ranging in value from £1,148 to £3,000 (2024: £800 to £4,500).

Fratton Big Local Community Grants funding - grants paid £67,381 (2024: £2,111)

1 grant (2024: 3) was paid to eligible community groups in Fratton (2024: ranging in value from £411 to £850).

ICS Rend - grants paid £2,6350 (2024: £78,460)

6 grants (2024: 33) were paid to eligible community groups, ranging in value from £135 to £500 (2024: £500 to £5,200)

18

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

10. GRANTS PAYABLE - continued

NIHR - grants paid £5,100 (2024: £5,100)

8 grants (2024: 8) were paid to eligible community groups, ranging in value from £550 to £1,100 (2024: £550 to £1,100).

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

Hampshire Communities for People and Planet - grants paid £28,297 (2024: £18,290) 19 grants (2024: 8) were paid to eligible charity's/organisations, ranging in value from £(2024: £1,525 to £2,540).

Healthwatch Hampshire Engagement - grants paid £3,250 13 grants were paid to eligible community groups of £250 each

HIVCA - grants paid £2,405

4 grants were paid to eligible community groups, ranging in value from £405 to £700

Connect Fund Peer Network - one grant of £700 was paid to an eligible charity.

Shaping the conversation - grants paid £30,000 24 grants were paid to eligible community groups, ranging in value from £600 to £1,900

Safe and Warm Communities - grants paid £12,000 24 grants were paid to eligible community groups of £500 each

HIVCA Health Hubs - grants paid £5,250 7 grants were paid to eligible community groups of £750 each

Community assets / social connectedness - grants paid £500

2 grants were paid to eligible community groups of £250 each

19

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

11. SUPPORT COSTS

SUPPORT COSTS
Management Management
2025 2024
£ £
Raising donations and legacies 13,773 17,841
Support for VCSE sector 21,941 66,132
Support for community-led action 44,184 86,125
Celebrating diversity and tackling disadvantage 61,285 121,190
Consultancy, advice and training 10,137 16,303
151,320 307,591
Activity Basis of allocation
Management Staff time attributable to each activity

Support costs, included in the above, are as follows:

Management

Raising
Wages
donations
and
legacies
£
9,365
Social security
711
Pensions
656
Other staff costs
251
Operating costs
2,790
13,773
Celebrating
diversity
Consultancy,
Wages
and
tackling
disadvantage
£
41,675
advice
and
training
£
6,894
Social security
3,163
523
Pensions
2,916
482
Other staff costs
1,115
184
Operating costs
12,416
2,054
61,285
10,137
OTHER
Exceptional items
Unrestricted
funds
£
-
Restricted
funds
£
-		 Support
Support
for VCSE
sector
£
14,921
for
community-le
action
£
30,047
1,132
2,280
1,044
2,102
399
804
4,445
8,951
21,941
44,184
2025
Total
activities
£
102,902
2024
Total
activities
£
171,708
7,809
23,500
7,200
1,209
2,753
11,062
30,656
100,112
151,320
307,591
2025
2024
Total
funds
£
-
Total
funds
£
(131,312)

12. OTHER

The above relates to the reversal of the dilapidation provision which was provided for in the year ended 31 December 2023.

20

Community Action Hampshire

for the Year Ended 31 March 2025

Notes to the Financial Statements - continued

13. NET INCOME/(EXPENDITURE)

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

Independent examination fee (excluding VAT)
Operating lease rentals - property		 2025
£
5,950
-		 2024
£
5,000
71,667

14. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

Trustees' expense represent the payment or reimbursement of travel and subsistence costs totalling £235 (2024: £183) incurred by 2 (2024: 2) trustees relating to attendance at meetings of the trustees.

15. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
 2025
£
499,115
35,435
27,014

561,564		 2024
£
527,771
42,395
16,134

586,300

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		 2025
2
2
6
2
9
21		 2024
3
3
4
5
7
22

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 £102,000 (2024: £150,000).

Total redundancy payments for the year were £36,151 (2024: £14,975).

Employer pension contributions are split between:

Operating costs of defined benefit pension schemes
Employer’s contribution to defined contribution pension schemes		 2025
£
-
27,012
27,012		 2024
£
(7,000)
23,134

16,134

21

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

16. 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
Charitable activities
Support for VCSE sector
Support for community-led action
Celebrating diversity and tackling disadvantage
Consultancy, advice and training
Other
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
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
142,538
57,501
(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
286,692
1
-
579,254
-
70,830
(6,321)
-
64,509
191,963
256,472		 2024 Total
funds
£
72,307
110,680
259,427
303,660
13,174
82,849
58,329
900,426
63,506
233,789
304,826
429,230
57,502
(131,312)
957,541
98,420
41,305
-
155,000
196,305
1,626,822
1,823,127

22

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

17. INTANGIBLE FIXED ASSETS

COST
At 1 April 2024 and 31 March 2025
AMORTISATION
At 1 April 2024 and 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
18.
TANGIBLE FIXED ASSETS
COST
At 1 April 2024 and 31 March 2025
DEPRECIATION
At 1 April 2024 and 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
19.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2024
Additions
Disposals
Change in fair value
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
There were no investment assets outside the UK.
Analysis of investments:
CCLA COIF Charities Investment Fund
CCLA COIF Charities Deposit Fund
Investment in Community Infrastructure Partnership CIC
Investment in Cirican		 Fixtures
and
fittings
Computer
equipment
£
£
36,586
12,977
36,586
12,977
-
-
-
-
2025
872,105
639,933
100
3,000
1,515,138		 Fixtures
and
fittings
Computer
equipment
£
£
36,586
12,977
36,586
12,977
-
-
-
-
2025
872,105
639,933
100
3,000
1,515,138		 Computer
software
£
24,857
24,857
-
-
Totals
£
49,563
49,563
-
-
Investments
£
1,734,128
26,919
(200,000)
(45,909)
1,515,138
1,515,138
1,734,128
2024
1,168,015
563,013
100
3,000
1,734,128

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.

23

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

19. FIXED ASSET INVESTMENTS - continued

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

20. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments and accrued income
21.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accrued expenses		 2025
£
65,675
-
1,225
66,900
2025
£
14,897
30,268
3,485
63,471
8,951
121,071		 2024
£
38,430
13,155
15,472
67,057
2024
£
66,255
15,922
6,943
-
34,177

123,297
Deferred income
Deferred income at 1 April 2024
Resources deferred in the year
Amounts released from previous years
Deferred Income at 31 March 2025		 2025
£
-
63,471
-
63,471		 2024
£
22,230
-
(22,230)
-

Deferred income relates to contact income received in advance for post year end project delivery.

22. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Investments
Current assets
Current liabilities		 Unrestricted
funds
£
1,515,138
127,273
(121,071)
1,521,340		 Restricted
funds
£
-
276,204
-
276,204		 2025
Total
funds
£
1,515,138
403,477
(121,071)
1,797,544		 2024
Total
funds
£
1,734,128
212,296
(123,297)
1,823,127

24

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

22. ANALYSIS OF NET ASSETS BETWEEN FUNDS - continued

COMPARATIVE ANALYSIS OF NET ASSETS BETWEEN FUNDS

Investments
Current assets
Current liabilities		 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

23. MOVEMENT IN FUNDS

Unrestricted funds
General fund
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
Connect Peer Fund Network
Hampshire Communities for People and Planet
(HCPP)
HIOW Voices
Rural Housing
NLCF
CHAT (Communities' Health Action Together)
Campaign codesign
Marginalised Communities Engagement
Programme
HIVCA - health hubs
RViR - MHRM
Training
TOTAL FUNDS		 At 1.4.24
£
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		 Net
movement
in funds
£
(45,315)
-
-
-
-
(45,315)
(67,383)
(10,272)
12,725
(7,390)
(14,958)
(13,076)
(2,661)
(5,769)
(14,341)
(2,970)
(13,841)
42,823
40,844
8,984
7,984
17,800
33,110
8,123
19,732
(25,583)		 Transfers
between
funds
£
130,000
(100,000)
(30,000)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 At
31.3.25
£
631,340
-
150,000
240,000
500,000
1,521,340
-
9,387
71,134
25,418
-
6,000
-
2,219
3,000
-
(622)
42,823
40,844
8,984
7,984
17,800
33,110
8,123
276,204
1,797,544

25

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

23. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
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
Connect Peer Fund Network
Hampshire Communities for People and Planet
(HCPP)
HIOW Voices
Rural Housing
Shaping the conversation
NLCF
CHAT (Communities' Health Action Together)
Campaign codesign
Marginalised Communities Engagement
Programme
HIVCA - health hubs
RViR - MHRM
Training
TOTAL FUNDS		 Incoming
resources
£
267,967
44,675
-
-
167,000
66,000
-
51,967
-
2,961
37,017
-
36,447
69,999
49,914
50,000
9,000
8,000
30,000
34,923
10,000
667,903
935,870		 Resources
expended
£
(267,373)
(44,675)
(67,383)
(10,272)
(154,275)
(73,390)
(14,958)
(65,043)
(2,661)
(8,730)
(51,358)
(2,970)
(50,288)
(69,999)
(7,091)
(9,156)
(16)
(16)
(12,200)
(1,813)
(1,877)
(648,171)
(915,544)		 Gains and
losses
£
2025 Movement
in funds
£
(45,909)
(45,315)
-
-
-
(67,383)
-
(10,272)
-
12,725
-
(7,390)
-
(14,958)
-
(13,076)
-
(2,661)
-
(5,769)
-
(14,341)
-
(2,970)
-
(13,841)
-
-
-
-
42,823
40,844
-
8,984
-
7,984
-
17,800
-
33,110
-
8,123
-
19,732
(45,909)
(25,583)

26

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

23. MOVEMENT IN FUNDS - continued

Comparatives for 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
£
(613,679)
-
-
(300,000)
180,000
240,000
500,000
6,321
(8,014)
-
-
-
-
-
-
1,693
-
-
-
-
(6,321)
-		 At
31.3.24
£
(737,781)
1,284,436
-
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

Community Action Hampshire

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

23. MOVEMENT IN FUNDS - continued

Comparative 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
2024 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

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.

ICS Rend

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

28

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

23. MOVEMENT IN FUNDS - continued

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 secretariate 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.

Shaping the conversation

Developing community-led health research priorities

NLCF

Conduct audit of EDI practices at AH and plan how to improve practices to then share and model to VCSE sector. Implement Impact toolkit, develop software options & share learnings and tools with VCSE sector Create strategy 2026-2030 for and create innovative working practices that can be shared with the VCSE sector Create audit of existing practices, develop action plan and share learnings with VCSE sector

CHAT (Communities' Health Action Together)

To be invested in creating a new shared infrastructure for volunteering within Hampshire and the Isle of Wight

Campaign codesign

To ensure ICB communications campaigns reach priority communities for those campaigns, by piloting elements of codesign and consultation

Marginalised Communities Engagement Programme

Consulting local communities on local government reorganisation

HIVCA - health hubs

To reach diverse communities and get their feedback on women's health services in Hampshire and the Isle of Wight.

RViR - MHRM

Developing community-led mental health research priorities

29

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

23. MOVEMENT IN FUNDS - continued 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. The 25/26 budget was approved in July and confirmed that the charity should be operating at a surplus in the year to March 26. Therefore this reserve is no longer necessary and has been transferred to general funds.

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.

24. 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 2025

The Employer's regular contributions to the Fund for the accounting period ending 31 March 2025 are £Nil (2024 £46,000). At 31 March 2025 outstanding contributions were £Nil (2024 £Nil).

The charity also makes payments to NEST, a defined contribution scheme. The costs for the period was £27,012 (2024: £23,160). At 31 March 2025 outstanding contributions were £3,484 (2024 £5,236).

Defined benefit pension plans

Fair value of assets
Present value of defined benefit obligation		 2025
£
-
-
-		 2024
£
-
-
-

30

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

24. EMPLOYEE BENEFIT OBLIGATIONS - continued

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

Current service cost
Net interest from net defined benefit
asset/liability
Past service cost
Actual return on plan assets
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		 Defined benefit
pension plans
2025
2024
£
£
-
21,000
-
104,000
-
28,000
-
153,000
-
-
Defined benefit
pension plans
2025
2024
£
£
-
5,372,000
-
21,000
-
28,000
-
5,000
-
104,000
-
(124,000)
-
(5,203,000)
-
(53,000)
-
(150,000)
-
-

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
Benefits paid
Settlements
Return on plan assets (excluding interest
income)		 Defined benefit
pension plans
2025
2024
£
£
-
5,164,000
-
100,000
-
46,000
-
5,000
-
(124,000)
-
(5,143,000)
-
( 48,000)
-
-

31

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

24. EMPLOYEE BENEFIT OBLIGATIONS - continued

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
Return on plan assets (excluding interest
income)
Principal actuarial assumptions at the Balance Sheet date (expressed as weighted averages):
Discount rate
Future salary increases
Future pension increases		 Defined benefit
pension plans
2025
2024
£
£
-
53,000
-
150,000
-
(48,000)
-
155,000
2025
2024
-
5.25%
-
4.05%
-
3.05%

25. 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 2025: £Nil (2024: £26,290). Energise Me invoiced the charity £7,292 for services provided during the year ended 31 March 2025 (2024: Nil).

32

Community Action Hampshire

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

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

Net (expenditure)/income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Losses/(gain) on investments
Interest received
Release of provision
Decrease in debtors
Decrease in creditors
Difference between pension charge and cash contributions
Net cash used in operations		 2025
£
(25,583)
45,909
(56,595)
-
157
(2,226)
-
(38,338)		 2024
£
41,305
(98,420)
(58,329)
(150,000)
42,239
(165,259)
(53,000)
(441,464)

27. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 145,239 191,338 336,577
145,239 191,338 336,577
Total 145,239 191,338 336,577

33