RUSHMOOR Voluntary Services Annual Report and Flnancial Statements for the year ended 31 Mareh 2024 for Rushmoor Voluntary Services R¢gister¢d Company Number: 03238444 (England and Wales) Registered Charity Number: 1059794
Rushmoor Voluntary Services Contents of the Financial Statements for the year ended 31 March 2024 Page Legal and Administrative Infornlation Report of the Chair of the Board of Trustees Report of th¢ Chicf Exccutive Officer 3-10 Report of the Trustees Independent Examiner'8 Report 16 Siatem¢nt of Financial Activities 17 Balance Sheet 18 Cash Flow Statement 19 Notes to the Financial Statements 20-33
Rushmoor Voluntary Services Legal and Administrative Information Company Registered number 03238444 (England & Wales) Registered Charity number 1059794 R¢gistered OtTIc¢ Civic Offices Farnborough Road Farnborough Hampshire GU14 7JU Email: info@rvs.org.uk Websits: www.rv8.org.uk Trustees Mr A Lloyd- Chair Mr C Slattcr- Vi¢e-Chair Mr A Thorp¢- Treasurer Mrs D Bedford Mr W Card Ms A Cooper Ms J Crossley Mr G Ghal¢ Mr R Hickn)an Ms D Keenan Mr M Wood Ms B Garrett- resigned 28 February 2024 Mr R Groocock- resigned 26 September 2023 Nominated by Rushmoor Borough Council Cllr. S Masterson Chief Executive Otricer Ms D Bone Independent Examiner Paul Chamberlain Chamberlains Chartered Accountants Elm House, Tanshire Park Shacklcford Road Elstead Godalming Surrey GU8 6LB Bankers Royal Bank of Scotland plc Holt's Branch Farnborough Waterside Court Chatham Maritime Chatham Kent ME4 4RT Thc constitution of the Charity and its Objects are set out in the Report orth¢ Trust¢es. Page I
Rushmoor Voluntary Services Report of the Chair of the Board of Trustees for the year ended 31 March 2024 In this, my first y¢ar-¢nd report as Chair, I would fStlY like to pay tribute to my predecessor Colin Slatter for all he achieved throughout his long tenure as Chair. Colin ste¢r¢d th¢ organisation through some truly challenging times, including the Covid pandemic, always driven by a commitment to, and focus on, public service and supporting our local community. I was though, delightcd when Colin kinilly aed to remain a Trustee and take on the role of Vice Chair and I am enonnously grateful for his advice, support and encouragement throughout the year. I am very aware of the importance of RVS'S role, working at the heart of our community, supporting the strong and flourishing voluntary sector, which does so much to protect and support those in socicty less able to look after themselvcs. I never fail to be amazed and humbled by the variety and extent of volunteering taking place throughout all sectors and activities across our community- l am pleased and proud that RVS has continued to play a part in ¢nabling this to happen. It was, overall, another extremely busy y¢ar for RVS well illustrated by the summary of activitics and achievements set out in thc Chief Executiv¢ Officer's report, wbich reflects the hard work. dedication and commitment of our staff, which l and my fellow Trust¢¢s appreciate and value gttatly. Throughout the year our Team continued to look for funding opportunitics, and we supported M¢mb¢r groups with funding bids totallillg over £600,000 which led to funding commitments of at least £324,000! Th¢ overall economic situation remained challenging throughout the year, with the combination of continued pressure on public finances/ funding and thc ongoing cost of living pressure8. The Trustee Board ha8 bcncfited from the skill and experience of our Treasurer. Alan Tho]pc and wc havc maintsined a prudent approach to our overall financial strategy, This has enabled us to maintain sufficient reserves to help manage the challenges created by the current economic climate, particularly within the public sector. The Trustee Board made thc dccision to set a defi¢it budget for this year which enabled us to maintain our 8erviccs and to invest time in looking for pot¢ntial additional funding sour¢c8, and wc were pleased to reach the year end with an overall r¢duction in the dcficit. The year ahead will inevitably bring additional challenges, a8 Hampshire County Council has embarked on a Future Services Consultation (SP25), which is highly likely to lead to a reduction, or potentially the complet¢ withdrawal of funding from some key s¢rvAce areas across our sector. We arc indebted to Rushmoor Borough Council for their consistcnt support and have equally appreciated the support received from Hampshirc County Council. The Trustee Board said farewell, at the end of the year, to Roger Groocock who has served RVS as a Trustee, Vice Chair and Chair throughout over 20 years, service, for which we are extremely grateful. We were extrernely sad at the passing in February of Bev Garrett who had been an active trustee for three years, throughout which she maintained a strong focus on diversity and inequalities. Bev was a loyal and highly respected colleague. Finally, I want to place on record my appreciation to my colleagues on the Trust Board for all their hard work, dedication and commitment. Andrew Lloyd Chalr Page 2
Rushmoor Voluntary Services Report of the Chief Executive Officer for the yeydr ended 31 March 2024 During a year when we experienced ditriculty with r¢cTuiting staff and faced significant funding cuts, I have been incredibly impressed by what our amazing team hav¢ a¢hi¢ved. Infrastructure Support to Groups General requests for support and infonnation can often be re8olv¢d by signposting to resources that wc have created or identified as suitable for the purpose, ¢.g. guidelin¢s on which organisation structure might be most appropriate for the new group being set up. When more intensive support is needed, our Community Development team will work with the groups to support them to develop the skills, find solutions and assist with the completion of fom]s, bids etc to support the development of the groups. When necessary, support will be provided to address specific issues on governance, people, funding, etc. Durlng 23124: 329 member organisations received regular infomiation and CeSS to resources, 216 groups received direct support, 20 organisations joined as new members, We supported th¢ development of six new groupslentery)rise8. Fundlng Support - We frequently share information with our members on the many grant8, trusts and funds which are available to community groups. This is achieved through our bi-weekly newslcttcrs, through direct e-mailshots to members, sharing funding bulletins, via access to seawhable databascs, also via our website. Durlng 23124: Wc .8upported 74 groups to completc andlor to submit funding applications, These bids totalled £614,820.00. At least £324.000.00 was achieved. Some bids ar¢ still pcnding. Local Grants- I have been proud to support the distribution of local grants by sitting on the assessment panels for the Rushmoor Community Lottery and for the Frimley ICS Innovation Grant. Direct financial support is also provided to local groups via Rushmoor Voluntary Servi¢es Legacy Grants and the Frank Rust Memorial Grant. During 23124: From these fvnds, w¢ provided six grants to local VCSE groups, Wc invested £3,006 into 0Up development. Voluntary Sector Fora - Members and local stakcholdcrs are invilcd to attcnd our quarterly Voluntary Scctor Forum (VSF). These sessions provide valuable opportuniti¢s for voluntary/community groups to come together, share experiences and learn from one another. Presentations are given from a variety of voluntary and statutory organisations which provide essential inforniation and support. This enablcs the Rushmoor Voluntary, Community and Social Enterprisc (VCSE) sector to keep abreast of any changes which might bave an impa¢t on their organisation. tA)cal issues arc discusscd and evcnts promoted" strong partnerships hav¢ en formed here. Throughout the year, our agenda was influenc¢d by emerging issues and n¢eds: Togetherfor our Planet - we focused on supporting the local VCSE sector to green their organisations and consider how we can work in partnership to improve our rcsponse to climatc change in Rushmoor. Page 3
Rushmoor Voluntary Servlces Report of the Chief Executive Officer for the year ended 31 March 2024 (continued) Equalities Passionate and w¢ll-inforn]ed speakers provided valuable insight into meaningfully b¢coming 'Disability Confident raised awareness of health inequalities in Rushmoor and insightful consideration on gender identity. Measuring Jmpacl - Speakers demonstrated access to valuable resources to organisations were clearly rethinking the importance of measuring impact, particularly in the present climate. Inequalities in ot4r Communities - We fed back on work undertaken alongside Hampshirc County Council, Rushmoor Borough Council and Frimley Integrated Car¢ Board strategically, to reduce health inequalities and the impact of those inequalities. Durlng 23124: Four VSF events werc held 126 Delegates attend¢d Representing 46 local or8anisation8 Tralnlng - En recognition of the plethora of on-line training available through high quality providers such as NCVO, we have focussed our training offer on FArst Aid and MIDAS (Minibus Driver Awar¢ness Scheme). providing in-house access to MIDAS to groups and organisations needing to us¢ minibuses in Rushmoor. Durlng 23124: We hosted 31 training events, Trained 299 individuals, including 73 MIDAS drivers. Volunteer Recrultment The increasing demand for volunteers is evidenced by the record number of volunteering opportunities listed on the Volunt¢¢r North Hants database and record numbers of volunteers signing up. Durlng 23124: We increased th¢ number of voluntCCT brokerage opportunitics to 178 by year-end, These attracted more than 500 enquiries from potential volunteers, 159 volunteers were placed in local organis4ttions, this includes volunteers supporting RVS services directly This equates to a financial value of £236,919.00! (Based upon a calculation by the Institute of Volunt¢er Research). RVS Responders- In addition to the traditional brokerage approach to volunteering, we have continued to be supported by our fabulous tcam of RVS Responders. Th¢ tcam havc not only supported RVS activities, they are also in demand from our member organisation8 and have supported various events. The 'bitesize' opportunities have ranged from Rushmoor Borough Council town centre ev¢nt marshals, support for Remembrance Sunday events and drivers for the very l*ucc¢ssful community Christmas Lunch, plus Rotary events including Music in the Park, Donkey Derby and the Christmas floats. The RVS Responder team remain connected with cach other through our 'Thrive Together, programme which provided opportunities for training and social ¢ngagcmcnt. Durlng 23124: We maintained a team of approximately 122 Responders, The team fulfilled 173 rcquests for bite-siz¢ volunteering. Page 4
Rushmoor Voluntary Services Report of the Chief Executive Officer for the year ended 31 March 2024 (continued) Bloomlng Marvellous - Volunteers living with mental ill h¢alth, hav¢ been supported throughout the year to undertakc gardening projects both at the group's base and within the community. The team really enjoyed taking part in the Victoria Day pardde in June 2023 and their Red Barrows display received a wonderful response from the crowd. Having entered the South and South-East in Bloom (S&SEiB) and the Rushmoor Community in Bloom competitions, the team were delighted to be awarded a plethora of awards. giving credit to the hard work of the staff and volunteers who work tirelessly in all weathers. We are very grateful to the Broadhurst Welcome Trust for their on-going financial support Durlng the project year of July 2023 to June 2024: Eighteen individuals living with mental ill h¢alth were supported to volunteer, Th¢ team tidied 32 individual gardens for elderly or infinn residents, The volunteers contributed 877 hours to gardening in our community, This equates to a value of £17,540 of volunt¢ering hours (costed at £20 p/h as TNL Heritsge Lottery guidance). Youth Volunteerlng- RVS are working in collaboration with Frimley ICS to deliver The Smile Project under the Core 20 Strategy. The project aim is to improve thc oral health and wellbeing knowlcdge of primary agc children living in Rushmoor areas affected by hcalth inequalities. We rccruitcd yOUDg volunteer Ambassadors from Wavell School, Farnborough Technical College and Farnborough 6th fom]. Wc also recruited volunteer Mentors with experience in dcntisty andlor working with young people. We are on a tight timeline, aiming to delivcr key health messaging to primary aged childr¢n in June/July 2024. Interactive training was undertaken ahead of the delivery which will takc place in schools, unifornied groups and community cv¢nts across thc summcr. We anticipate that this work WAII prcparc us for future collaboratjons, particularly to support the VCSE sector to work cffcctively with the NHS. Volunteers, Week and Month of Communlty - We created daily social media posts to celebrate a different volunteer every day throughout Junc. All the posts can be found here: https:/lwww.rvs.org.uk/rushmoor-voluntcer-recognition-awards-20231i-love-volunteering/ As part of Volunteers, Week, we held the Rushmoor Volunteer Recognition Awards ceremony in June 2023. This was the first time that the awards had been held since the pandemic. It was a wonderful evening celebrating achievements and recognising the difference the volunteers make to our community. The West End Ccntrc Community Choir entertained us whil.st our volunteer photographcr capturcd mcmories of the event - https:Ilwww.rvs.org.uklrushmoor-volunteer-recognition-awards-20231 In 2023: We celebrated the achievements of 42 volunt¢ers, specifically nominated. Volunteer Fair - We organised a Voluntecring Fair in Kingsmead in September 2023. the firsl since the pandemic. Eighteen organisation.8 att¢ndcd ranging from national charitics such as Guide Dogs, Royal British Legion and Citizcns Advice through to Hampshire-wide organisations such as Home- Start Hampshire, Innovation Volunteers and Hampshirc Hcalthy Familics (Barnardo's) tIough to Page 5
Rushmoor Voluntary Servlces Report of the Chief Executive Officer for the year ended 31 March 2024 (continued) smaller Rushmoor organisations such as th¢ Rowhill Nature Reserve Society, Rushmoor Repair Café and Hart & RhM00r Young Carers. The promotional posts and materials were translated to reach out to our Ukrainian residents in Rushmoor. Approximately 80 people connected with the stall holders, also there was some extrem¢ly valuable networking between the voluntary organisationti. Communlty Development Rushmoor Repalr Café - Rushmoor Voluntary Services were Commissioned by Rushmoor Borough Council to incubate the project until our exit strategy was expertly cxecut¢d at the end of September. l-he application for CIO status was approved, giving the group charffitable status and a clear framework for governance of the organisation. We were proud to celebrate its transition to becoming a member organisation, which offers access to RVS support in th¢ longer tenn, should they need it. Untll September 2023* we supported the Rushmoor Repalr Café to: Register 200 customers, Complete 174 repairs. Ru8hmoor Communlty in Bloom - Funded by Rushmoor Borough Council, th¢ inaugural Rushrnoor Community in Bloom (RCIB) focussed on four categorics under the theme of Wild About Gardening. The project was delivered following environmentally friendly principles and was supported by teams of volunteer co-ordinators and judges. The competition culminated in an Awards Evening at th¢ West End Centre in September. With morc than 40 invited guests, the evening celebrated the achievements of our priz¢ winners. with the pr¢8enlation of certificates and vouchers. 38 entries were received and &88es8cd by the volunteer judges in 2023. Green Soclal Pre8crlblng - We recognise that many new developments that are taking place in health and social carc have seen a welcome rise in prevention initiatives with a link to nature, RVS acknowledge that Social Prescribing has emerged &8 a Crucial m¢thod of linking patients back into their omrnunities. Funding 8ured to develop Blooming Minds, a ten-week gr¢cn social prescribing programme, for people living with poor mental health or wcllbeing. A new Community Support Worker was appointed, to support the exiyting Blooming Marvellous offer and facilitate the d¢velopment of Blooming Minds. The green social prescribing programme will offer another referral pathway to and from Blooming Marvellous, serve as a conduit for new and existing supported voluntcers. We arc CUentlY working with partners to develop appropriate green spaces and to further referral pathways. Rushmoor Green Communlty - Our new Community Support Workcr also undertook the necessary networking to develop a Community Garden Forum, connecting the increasing number of gardens across tbe borough. The fonun now exists to share knowledge, experience and resources. Our future ambition is to support and encourage the gardens to also accept social pr¢scribing Tcfcrrals. Durlng 23124: 17 groups joilled Rushmoor Green Community, 3 meetings of the forum have occurred. Page 6
Rushmoor Voluntary Services Report of the Chief Executive Officer for the year ended 31 March 2024 (continued) Frlmley Integrated Care System (ICS) - Rushmoor Voluntary Services continues to be involved in the trAtegrated Care Partnership (ICP) which brings togeth¢r organisations, professionals and elected representatives who hold thc responsibility for the development of Frimley Health and Care Strategy. The ICP not only ¢r¢ates the conditions for this broad range of partners to examine and tackle the wider deterniinants of health and wellbeing for residents, but also for promoting effective partnership working with the voluntary sector. Funding has recently been established to 8UPPOrt the d¢velopm¢nt of a Frimley VCSE Alliance to be a strategic system-wide group that can shape to improve services. We will continue to represent the sector on the development of the Alliance and as a conduit of infornlation. We have worked Closely with the team in North East Hants and Farnham Place to explore opportunities to reduce health inequalities in our area. Communlty Engagement We have continued to play a key role in promoting and co-ordinating ¢o-op¢ration in bringing key partners together to deliver community initiatives. Working with voluntary organisations, local authorities and statutory bodies, we are able to harness local investment and achieve community action. Community Response - RVS uses our widc-ranging presence and connections amongst local, county and national networks to ensure the voice of the VCSE sector is represented at a strategic level and our members, voices are also heard. This was evidenced by the responses subinittcd to Hampshire County Council in thc two rounds of their Future Services Consultation. After consultation with members. passengers and Rushmoor, Hart & Hampshire Councillors we submitted a seven page response on bchalf of the organisation. This followed a campaign to raisc the awareness of the Consultation to our member organisations. Two workshops were delivered to give VCSE organisations an opportunity to explore, share and discuss how the 13 proposals included in the Consultation would impact on the organisations and their clientslmembers. W¢ discussed the hidden impacts, identified unintended conscquences and explored alternative solutions which the w)ups fed back to HCC via the consultation. We continue to work closely with colleagues at Rushmoor Borough Council and appreciate their valued support through core funding for the organisation. Our Community Development team maintain frcquent contact with the Community and Partnerships team to share inforniation and maintain effcctivc partnership working. We remain an active partner and representative on Rushmoor Borough Council's Supporting Communities group. The group - and strategy - aims to tackle deprivation and inequalities across Rushmoor. Rushmoor Llnk - This is a great example of collaboration. With funding and design support from Rushmoor Borough Council, technical input from colleagues at Hart Voluntary Action and the research from our own volunteer Directory D¢te¢tives, the Rushmoor Link community directory was crcated and launchcd in March 2024 - www.rushmoorlink.org The directory PTovides acccss to local inforniation about activities, groups and community services. Page 7
Rushmoor Voluntary Servlces Report of the Chief Executive Officer for the year ended 31 March 2024 (continued) Between January and March 2024: 384 groups and activities were listed in the directory. 2,165 visits were made to the directory, 10,226 pag¢ views w¢re made on Rushmoor Link, By 416 unique users, King's Coronatlon We created a newsletter containing all the local events and activities associated with the King'8 Coronation in May. This proved very popular as it was the only resource in the local arca so was shared widely on social media within the local community. This included opportunities for single people to com¢ together to share the momentous occasion. Supportlng Independenee RVS remain connected in our local community through the provision of direct services to support those in our community who require assistance. Whilst some services are well established, RVS continuc8 to identify need and respond to gaps in community provision. Communlty TrAnsport - Rushmoor Dia]-a-Ride and Fleet Link are now known as Rushmoor and Fleet Connect under the Hampshire County Council re-brand. The buses look smart and distinctive with the new branding which has had a positive impact for awareness and number of passengers registering to use the services. We are very grateful to Hampshire CouT)ty Council who were able to s¢cure Government funding which has supported the continuation of the valuable passenger services during 23124. Specifically, in supporting some unexpected expenditure for vehicle maintenance. Unfortunately, as part of the SP25 Future Services consultation announced in June 2023, all funding from Community Transport could be removed from April 2025. In January 2024, RVS hosted Hampshire County Council who met with a rcpresentation of our Rushmoor, Fleet and Yatel¢y passengers to hear feedback and concerns. We supported the passengers to feedback to the consultation and ensured all individual responses were r¢cexved in time. Dvrlng 23124: 858 passengers were registered to book local transport, 208 signed up during the year, An average of 791 journeys were made every month, Our minibuses were hired for 576 community outings, day trips and holidays. Home Help - Our Home Help service has continued to provide essential support in the bid to rcmain independent and living at home. Clients have benefitted from an increasing number of hours of assistance with shopping and housework. Our team of 21 Hom¢ Helps havc also provid¢d a smiling facc and a friendly chat for residents. This increase is in spite of the need to relu¢tantly increase our charges to the resid¢nts, and we are pleased that the incr¢ase did not havc a detrimental cffcct on our service levels, which is testament to how valuablc and professional th¢ s¢rvArc ib. Page 8
Rushmoor Voluntary Servlces Report of the Chief Exeeutive Officer for the year ended 31 March 2024 (contlnued) Durlng 23124: Home Helps d¢liver¢d 8,545 hours of domestic support, up from 8,264 in 22/23. 56 new clients registered with us. 212 Clients were supported in total. Soc121 Incluslon The weekly telephone calls and visits remain th¢ core activity of our team of 24 volunteers. Following a succcssful coffee trip to the Fab café (Farnborough library) in April 2023 however, we have made a couple of trips out to Beaumont Village in Aldcrsbot who are keen to receive visits from our residents. Additionally, some r¢sidents enjoyed a cream t¢a in June 2023 so we plan to arrange further trips. Onc Buddy fcd back- '1 visited Mrs X in Jan to discuss our service and arranged short walk to the local shops for some OCerIeS. W¢ also discussed attending the Silvers Club at Th¢ Vine centr¢ in Aldershot, to which I accompanied the resident using Rushmoor Connect. She thoroughly enjoyed this trip and has since att¢nded on her own. We received the following message of ihankb.: 'I must thank you for all your help and encouragem¢nt. It has madc a big diff¢r¢n¢e in my life going to The Vine Centre and th¢ Connect minibus has really helped me put my life back together,. During 23/24.. 24 volunteer buddies and befrienders actively supportcd residents, 18 residents benefited from volunteer friendship, 362 weekly telephone contacts were mad¢ by Befrienders, 445 weekly visits from or outings with Buddies. Farnborough Lunch Club: Originally under the auspices of Age Concern Farnborough, this group took the decision to close in December 2023. due to rnnning costs and lack of trustees to take the group forward. Rushmoor Voluntary Seryic¢s agreed to r¢-open the group (subject to funding), as part of our Social Inclusion project. The first week back was 16th February 2024. The original members were very pleased to be back with their friends. Wc would like to thank the RVS Trustees and Responder Volunteers who helped to get this group up and rutming again. Wellbelng Walks In partnership with Public Health (Hampshire County Council), Rushmoor Voluntary Services were commissioned to provide Wellbeing Walks to increase activity for those who, for health or social reasons, are fairly inactive. Thi5 project was scvercly aff¢cted by the wet weather experienced for almost six months and numbers were mu¢h lower than we hoped initially. programme of walks of one to two mil¢s were established across Farnborough and Aldershot. The most successful walk is the Thursday Southwood group who have fornied into a social group and stay on for coffee and a chat. Our team of friendly and trained volunteer Walk Leaders ensure that everyone is included, regardless of speed and fitness levels. Early in 2024, we relaunched as Wellbeing Walks and the project is now extremely successful. Our thanks to Public Health and also Rushmoor Borough Council for their support during the early days. Durlng 23124: 50 walks W¢ facilitated, l O voluntceTS wcrc traincd as Walk Leaders, Over 300 people enjoyed the organised walks. Page 9
Rushmoor Voluntary Servlees Report of the Chief Executive Officer for the year ended 31 March 2024 (continued) Hampshire Htv Support - In ihe penultimate year of our sub-contract arrangement, we are working with TVPS to explore opportunities to maintain support in one of highest areas of HIV diagnosis in Hampshire. In recogmition of ihis, Aldershot Primary Care T( ran a local campaign for HIV Testing Week in response to the number of older people being diagnose, late, with HIV. The takc-up of HIV and sexual health testing was small but the response to the social media posts was encouraging. This pilot is being used to roll out a wider campaign. Sanctuary Seekers - We have worked alongside statutory and community groups to support new p¢opl¢ into Rushmoor. Specifically, we supported a family 'fun day, in the summer which was attended by a number of Ukrainian families. We also assisted RBC in the planning and delivery of a Ukrainian Indep¢ndence Day celebTation in August which was very well attended. A new support network has been developed to support the residents at Potters hotel. This multi agency network has supported families to engage in local activities and volunt¢¢ring. With many organisations and services concemed about the impact of the loss of further funding, particularly from Hampshire County Council, it has been another year of uncertainty, with more uncertainty ahead. At the close of the financial year, Rushmoor Voluntary Services are facing not only thc loss of the Infrastructure Grant (our core grant from Hampshire County Council) but also the total de-oommissxoning of all Community Transport service contracts as a result of the Futurc Services Consultation. Rushmoor Voluntary Services recognise Hampshire County Council's need to make savings. However, the need to cut funding doesn't remove the need for the support services delivered by ststutory and community organisations. Not only, would thts impact on us and member organisations, but we know that the proposed cuts will result in only the most vulnerable people being supported in future. Residents with substantial or even a moderate need won't be eligible or be able to access services. Implementing the proposed cuts will move us from implementing forward-thinking prevention strategies to imposing crisis management. W¢ hope that this will be recognised when th¢ proposals considered. Donna Bone Chlef Executlve Page 10
Rushmoor Voluntary Services Report of the Trustees for the year ended 31 March 2024 The Trust¢¢s, who arc also Directors of the Charity for the purposetri of the Companies Act 2006. present their report with the financial stat¢rn¢nts of the charity for the year ended 31 March 2024. Publlc Beneflt Statement The Trustees have referred to the Charity Commission's general guidance on public benefit when reviewing aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set. In the Trustees, opinion, the activities of the charity benefit the wider community through the support provided to other charities in Rushn)oor and benefit a substantial number of individuals through services such as Home Help and on- demand bus services. In addition, thc charity has made substantial contributions to setting up new chariti¢s to serve the citizens of Rushmoor. The Trustees are therefore satisfied that the charity fully mcets the "Public Benefit" requirements of the Charity Commission. Th¢ fmancial statements Comply with current statutory r¢quirement8. th¢ governing document and the provisions of A¢¢ounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordanc¢ with the Financial Reporting Standard applicable in the UK and RepubliG of Ireland {FRS 102) (effcctive l January 2015), Company Status Rushmoor Voluntary Services ("thc Charity"), a company limited by guarantee, is registered An England &Walcs (No. 03238444) and operates from its registered office at The Civic Offices, Farnborough Road, Famborough, GU14 7JU. It is established for charitable purposes. by a Memorandum of Asbociation dated 16th August 1996 and registered as a Charity (No. 1059794) by the Charity Commissioners. Under Section 60 of th¢ Companies Act 2006. the Charity has been exempted from having to use ihe word ' Limited, in its name. The Charity is also r¢rogni8ed by HM Revenue & Customs as a charity for tsx purposes. Thi8 means that it 18 able to take advantage of charitable tsx relief on donations from individuals. Objects The Charity's Objects are: (l) To promote any charitable purpose8 for ihe benefit of the community in the area of the administrative authorities comprising th¢ hi8toric county of Hampshire (including Portsmouth and Southampton) and in particular the local government district and Borough of Rushmoor and, if the directors of the Charity (hereinafter called "the Trustees") shall so dccidc, in any of the administrative authorities immediately adjoining, whether in Hampshire or Surrey (hereinafter together called "the area of benefit") and in particular the advancement of education, the protection of health and the relief ofpovcrty, distress and sickncss. (2) To promote and organi8e cfroperation in the achlevement of the above pury)os¢s and to that end to bring together represcntativcs of the voluntary organisations operating within the local government district and Borough of Rushmoor and relevant statutory authorities cngagcd in the furtherance of th¢ above putposes. (3) To be so constituted and adminiskred that it is at no time (for the purposes of the Local Government and Housing Act 1989) undcr the control or subject to the influencc of a local authority. Page 11
Rushmoor Voluntary Services Report of the Trustees for the year ended 31 March 2024 (continued) Mission Ln partnership with the voluntary, statutory and business sectors, to enable all the people of Rth8hmoor to play a full and tive part in the life of the local community. Principal Activities The principal activities remain those of a council of voluntary service (CVS) centred on the Borough of Rushmoor, These activities are detailed in the report by the Chief Executive. Servlce Agreements and Contracts The following agreements which provide funds for the Charity's core and transport activities existed during the course of the year or are being negotiated: Core CVS Functions Rushmoor Borough Council and Community First weSsexaMpShlre County Council Hampshire County Council Hampshirc County Council Hampshire County Council Rushmoor Connect Fleet Connect Connect Minibus Hire Th¢ following agr¢em¢nts provide or have provided funds for other activities.. Blooming Marvelloub HIV advice and assistance Green Social Prescribing Broadhurst Welcome Home Community Ltd Positive Action Hampshire Hants CC Get Going Again Fund Organlsatlon The governance structure is made up of a Board of Trustec.8 of up to 12 members and th¢ following sub-committees: Remuneration Committee, Legacy Grants Committcc. The sub-committees are based on delegated decision-making powers banded down by the main Board. Board members are drawn from the local community and have a variety of skills and experience including Accounting and Finance, Inforn]ation Technology, Education, Human Rcsourccs, Disability and Social Welfare. The Chief Executive is not a Director but a p¢rnianent non-voling mcmber of the Board. The Board currently meets every two months. Cllr. S Masterson was nominated to the Board by Rushmoor Borough Council but is not a Trustcc of thc Charity. Electlon of Trustees The Trustccs are clcctcd by the members of the Charity in accordance with the Articles of Association. Rushmoor Borough Council is entitled to nominate a representative. All new Trustees are giv¢n induction training which includes learning about the background, ethos day to day activities of the Charity as well as outlining their responsibilities. Investment Powers and Pollcy Under the Memorandum and Articles of Association, the Charity has the power to make any investment which the Trustecs se¢ fit. Th¢ curr¢nt policy is to invest up to 500/0 of core funds in a range of investment funds, and the remaining 500/0 in deposit accounts of varying maturities with several different banks. Page 12
Rushmoor Voluntary Servlces Report of the Trustees for the year ended 31 March 2024 (continued) Rlsk Management As required by the Charity Commission, the Trustees regularly undertake reviews of the significant risks to ensure the appropriate mitigation policies exist. A fornial Risk Management document 18 reviewed annually and approved by the Board. The key risk to th¢ Charity has been identified as the inability to sustain or replace current gry}t funding from local authorities. In the event that funding will not be forthcoming in the future, designated reserves have been set aside to allow thc Charity to continue for a limited period to enable it to find additional funding and to provide for slaff redundancy costs. A number of lower priority risks have been identified and procedures have b¢en implemented which minimise all identified risks. Th¢ TTUStees also keep under review the prospect of havin8 to relocate lo short-tem accommodation in the event of evacuation of their premises due to fire or any other unforeseen disaster. Flnanclal Revlew In thc opinion of the Trustees the resources of the Charity are sufficient for it to continue to operate. Their policy rcgarding r¢s¢rv¢s is sct out below, and in the notes to the accounts, The Charity sometimes makes funding applications on behalf of members and other local voluntary organisations. These funds are dislributed when received. In addition, on application from other organisations, such as Citizcns Advice Rushmoor, the Charity will mak¢ one-off grants to hclp individuals in Rushmoor. Thc charity does not accept direct applications from individuals. The Charity's principal sources of funds are local authority contracts and grants from variou8 bodies. including local authorities. The Charity also generates a considerable amount of income from its Home Hclp and Community Transport activities. For the year ended 31 March 2024 the Charity recorded a deficit of £44,590 before investment gains of £8,715. Thi8 ¢ompares to a deficit of £32,220 before investment loss¢8 of £3.587 for the year ended 31 March 2023. Unrestricted Income fell substantially below Exp¢nditure by £35,417. We have suffered from the overall finan¢ial ¢limate, with local councils as well as individuals feeling the effects of high inflation levels. We also recorded a defjcit on Restricted Funds, but at a significantly lower level of £9,173. We continue to b¢ grateful for the support we have received from Hampshire County Council, Rushmoor Borough CounciR, and a number of other organisations. In spite of these losses, the financial position of the charity remains healthy, with total reserves of £497,677 and net curr¢nt assets of £304.817. Reserves GeThcral Rescrves are held to provide cover for unexpected changes in income and expenditurc (not already provided for in Designalcd Reserves) to allow us time to adjust our cost base and continue activitics. As at 31 March 2024 they stood at £133,289, and amount to approximately 2.5 months. total expenditure. The Trust¢es consider that this is rcasonable. Page 13
Rushmoor Voluntary Services Report of the Trustees for the year ended 31 March 2024 (continued) Futures Plans Whilst such a significant proportion of our ant and contract income remains uncertain p¢nding the outcome of Hampshire County Council's Future Serviccs Consultation, it is difficult to set out a clear vi8ion. Until this is r¢solv¢d it is difficult for us to plan ahead with any confidence, but w¢ are already cxploring possible alternative sourccs of income. We intend to remain agile and to proactively seek opportunities to ensure sustainability for the organisation and for our support to our community. Performance and Review Key perforn]anc¢ inforn)ation concerning the activitics of the charity 18 reported to the Chief Executive on a rnonthly ba.sis and reported to the Chairnian and Trustees in fornial meetings held every two months. As outlined in the Chief Exccutive's Report, th¢ Charity has pcrfomied well against our key objectives and activities. Staff The Trust¢¢s would like to thank the staff team for all of their contributions to the management of servAces and the day-to-day running of the Charity's activiti¢s. StAtemenl of the Respon$lbllltles of the Board of Trnstees The Trustees are responsible for prepaTing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclice). Company Law requires the Trustees tv prepare financial statements for each financial year, which give true and fair view of the state of affairs of the charitable Company and of ihe incoming resources and application of resources, including the income and expenditur¢, of the charitable Company for that period. In preparing these financial statements, the Trust¢¢s are required to., Select suitabl¢ accounting policies and then apply them consistently. Makc judgements and cstimat¢s that are rcasonable and prudent. State whether applicable accounting standards have been followed; Subject to any material departure disclosed and explained in the financial statements: Prepare financial statements on a going-concern basis unless it is appropriate to assume the Charity will not continue to operate. In addition to complying with companics, legislation, the Trustees are also requir¢d to have regard to the Statement of Recommended Ptactice, Accounting and Reporting by Charities (Revised 2015) (the SORP), published by the Charity Commissioners for England and Wales and are required to follow that statement insofar as compliance does not contradict any requirement of the Companies Act 2006. The Trust¢es are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the SORP and the Companies Act 2006. They hav¢ a general responsibility for taking reasonable steps to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities. The Trust¢¢s ar¢ also wsponsible for ensuring that the assets ar¢ properly applied in accordance with Charity Law. Pag¢ 14
Rushmoor Voluntary Services Report of the Trustees for the year ended 31 March 2024 (continued) Statement of disclosure of information to the Independent Examlners All directors of the Company who held ol¢e at th¢ date of approval of these Financial Statcmcnts, as set out bclow, each confinn so far as they ar¢ aware, that.. Thcrc is no relevant inforntIon of which the company's ind¢pend¢nt examiners are unaware. They have taken all the steps that they ought to have taken as directors in order to make themselves aware of any r¢l¢vant inforniation and to establish that the company's independent examiners are aware of that inforniation. Small Company Provlslons This report has been prepared tn accordance with the provisions applicable to companies entitled to the small companies, exemption. The Report of the Trustees was approved by order of the Board of Trustees as the Company dii'ectors, on .IAA•tre z4)+and signed on the Board's behalf by: Andrew Lloyd ChAlrman Page 15
Independent Examiner's Report to the Trustees of Rushmoor Voluntary Services I report to the charity's Trustees on my examination of the accounts of the company for the period ended 31 March 2024. Respectlve responslbllltle8 of Trustees and Examiner As the charity's trustees, you are responsible for the preparation of the accounts in accordance with thc requirements of the Charities Act 2011 ('tthe Act"). l report in respecl of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in canying out my examination. I have followed all the applicable Directions given by the Charity Commtssion under section 145(5)(b) of the Act. Basls of Independent ExAmlner's Report l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. Independent Examlner's Statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination which give me cause to bclicvc that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning th¢ form and content of accounts set out in the Charities (Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered us part of an independent examination. I have no concerns and have come across no other Matte in connection with the examination to which ttention should be drawn in this report in order to enable a proper understanding of the accounts to be l'eached. pJ(L] qt4J)a 7o>k Paul Chamberlain Chamberlains Chartered Accountants Elin Hou.4¢, Tan.8hire Park Shacklcford Road, Elstcad Godalming, GU8 6LB Page 16
Rushmoor Voluntary Servlees Statement of Flnancial Activities for the year ended 31 March 2024 2024 Total funds 2023 Total funds Restrlcted funds Unrestrlcted funds Notes Income from: Donations, Gifts and legacies Charitable activities 2,034 180 2,214 6,286 361.347 226,090 11,021 587,437 11,021 572,197 5,074 Invcstmcnt income Total 363,381 237,291 600,672 583,557 Expendlture on: Raising fvnds Charitable activities (372,554) (272,708) (645,262) (615,777) Net expendlture for the year (9,173) (35,417) 8,715 (44,590) 8,715 (32,220) (3,587) Net gains/(losses/ on investments Transfers b¢twe¢n Fund8 1,559 (1,559) Other recognised gainsl(losses) Net Movement on Fund$ {7,614) (28,261) (35,875) {35,807) Reconclllatlon of funds Total funds brought forward 153,579 379,973 533,552 569,359 Total funds carrled forward 15 145,965 351,712 497,677 533,552 There are no unrecogntsed gains and losses other than those shown in the Statement of Financial Activities. All of the above amounts relate to continuing activities. The notes forn] part of these financial statements. Page 17
Rushmoor Voluntary Services Balance Sheet as at 31 March 2024 2024 2023 Notes Fixed assets Tangible assets Investments 65,378 127,482 82,965 164,202 12 Total fixed assets 192,860 247,167 Current assets Debtors Cash at bank and in hand 13 122,841 336,659 113,351 326,071 Total current assets 459,500 439,422 Credltor8: Amounts falling due within one year et current assets 14 (154,683) (153,037) 304,817 497,677 286,385 533,552 Total a8sets less current Ilabilities and Net assets Funds of the Charlty Restricted funds 15 145,965 153,579 Unrestrlcted funds Dcsignated reserves Othcr reserves 218,423 133,289 222,C)57 157,316 Total fund8 497,677 533,552 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 accordancc with Section 476 of the Companies Act 2006. Thc tSteeS acknowledge their responsibilitics for (a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006, and (b) Pr¢paring financial statcments which give a true and fair vi¢w of the slatc of affairs of the charitable company a8 at the end of cach financial ycar and of its surplu,% or d¢ficit for cach financial year in accordance with the requir¢ments of Scctions 394 and 395 and which othcrwisc comply with the requirements of thc Companies Act 2006 relating to financial statements, so far a5 applicable to the charitsblc company. These financial statements have b¢¢n prepared in accordance with the provisions applicable to charitable companies subject to the small compani¢s rcgimc. The financial statements were approvcd by tlie Board of Trustees and authorised for issue on 9-t)a 7G"Z¢* and were signed on it5 behalf by: JaL Andrew Lloyd - Chalrman The notes fonn part of these financial statements. Page 18
Rushmoor Voluntary Services Cash Flow Statement for the year ended 31 March 2024 2024 2023 Note8 CAsh tlow from operating activitles 22 (47,835) (25,414) Cash flow frorn InvestSng actlvltles Proc¢eds from sale of fixed assets Purchase of tangible assets Proceeds from disposal of investments Intcrest received 3,JOO (1,133) 45,435 11,021 11 12 (84,243) 20,812 4,608 466 Dividends received Net ¢ash from inve8tin8 activities 58,423 (58,357) Net Increasel(decrease) In CA$h And cash equivalents 10,588 (83,771) Cash and cash equivalcnts at the beginning of thc year Cash and cash equlvalents at the end of the year 326,071 409,842 336,659 326,071 Page 19
Rushmoor Voluntary Servlces Notes to the Financial Statements for the year ended 31 March 2024 Accountlng Pollcles The significant accounting policics applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented. Basis ofprepuring the Flndnclal Skalemen¢s Th¢ financial statements have becn prepared under the historical cost convention modified to include inVtmentS at fair value. Rushmoor Voluntary Services meets the definition of a public benefit entity under FRS 102. The financial statements of the charitable company have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charitics: 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) (effcctive l January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. Golng concern Despite the financial losses incurred over the past year and uncertainties over existlng grant funding aangeMentS continuing in future ycars. Rushmoor Voluntary Services remains committed to its objectives of supporting. promoting and sustaining the charity sector in the Borough of Rushmoor. The Management and Trustees continue to explore new revenue streams, fundraising initiativ¢s and cost reduction measures. The Trustees believe that, with the continued support of our donors, partners, and voluntecrs, the Charity has sufficient resources to continue its operations for the foreseeablc future. The Charity will Continuc to seek additional funding and managc its fjnances prudently. Thcrefore, Ihe Trustecs have a reasonable expectation that the Charity will continue as a going conc¢rn, fulfilling its objectives and serving its bcneficiaries. Fund accountlng General Funds are unrestricted funds which are available for us¢ at the discretion of the Trustees in rtherance of the general objectives of the Charity, and which have not been designated for any other purposes. Designated Funds (See note 17) comprise uttrestricted funds that have been set aside by the Trustees for particular purposes, The aim and use of each designated fund is set out in the notes to the financial statements Restricted Funds are funds which are to be used in accordance with specific restrictions imposed by donors OT which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the speciftc fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income and gains are allocated to the appropriate fund. Page 20
Rushmoor Voluntary Servlces Notes to the Financial Statements for the year ended 31 Mareh 2024 Accounting Polieies (continued) Incoming resources All incoming resources are included in the Statcmcnt of Financial Activities when th¢ charity is legally entitled to the income and the amount can be quantified with reasonable certainty. For lega¢i¢s, entitlement for this purpose is the earlier of the Charity being notified of an impending distribution or the legacy being received. Cash donations are recognised on receipt. Donations in Kind are recognised on receipt and valued at estimated market value. Contract income is recognised in the period to which it relates. Grants received are recognised on r¢ceipt, except wh¢re the grant is for a specific purpos¢ and is to be applied to cxpenditure covering mor¢ than one fmancial period. In such cases the nt is accounted for in line with the expenditure. Resources oYpeAded Exp¢nditur¢ is accounted for on an accruals basis and has been classified undcr headings that aggregate all costs related to each category, on a project-by-project basis. Where costs cannot be directly attributed to particular projccts. they have been allocated to activlties on a basis consistent with the use of the resources. As the Charity is not registered for Value Added Tax (VAT), the irrccoverable amount is included with the relevant cost of the goods or services purchascd GovernanLe costs include all items of expenditure relating tv the running of the Charity. They comprise filing and registration fees, Independent Examination fees, and costs of preparing the annual accounts and holding the Annual General Meeting. TangibIefed assets D¢pr¢¢iation is provided at the following annual rates in order to write off each asset over Ats estimated useful lif¢. Computers Office equipment Motor vehicles Right of use assets 33.330/0 p.a. straight lin¢ basis 20ts/0 p.a. straight linc basis 20% p.a. straight line basis Equally ovcr the lease or liccnee tenn Inveslments Investments are stated at market value at the balance sheet date. The Statement of Financtal Activities includes the net unrealisd gain or loss arising on revaluation. Debtors Trade debtors are recogntsed at the settlement amount due after any trade discount off¢red. Pr¢paym¢nts are valucd at the amount prepaid. Page 21
Rushmoor Voluntary Services Notes to the Financial Statements for the year ended 31 March 2024 Accoundng Policies (eontknued) Cash al bank Thi.s includes cash and fixed tern] deposit accounts with maturlties up to tw¢lv¢ months. Credilors andprovisions Creditors and provisions are recognised when th¢ entity 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 discounts due. Penslon costs and otherpost-retireertl benefits All employees are eligible to join the Charity's pension schem¢, which is a money purchase defined contribution schem¢ complying with the Pensions Act 1995, Contribution8 to this scheme are Charged to the Statement of Financial A¢tiviti¢s as they are incued. Operating leases Rentals paid under operating leases are charged to profit and10gs on a straight line basis over the pcriod of the lease. T{aOn The charity is exempt from corporation tax on its charitable activities. Income from donAtlons* glfts and lega¢les 2024 Total funds 2023 Total funds Restrleted funds Unregtrleted funds Donations, Gifts and legacies 2,034 180 2,214 6,286 2,034 180 2,214 6,286 Page 22
Rushn]oor Voluntary Servlces Notes to the Financial Statements for the year ended 31 March 2024 Income from charltable actlvities 2024 Total funds 2023 Total funds Restricted funds Unrestricted funds Grants Rushmoor Borough Council Hampshire County Council Broadhurst Welcome Home Community Hart District Counci Hants & Iow Community Fund NAVCA 102,737 70,121 11,006 4,200 113,743 74,321 118,855 15,502 21,174 21,174 19,493 5,000 1,000 10,000 900 2,852 3,000 37,000 Unity for Finance NHS Charities Partnership Frimley CCG Communities First 25,773 25,773 Farnborough Aijport Grainger plc Kebur Garden Materials Rushmoor Repair Café 1.000 200 1,000 200 50 450 50 450 221,505 15,206 236,711 213,602 Local Authorlty Contracts Hants CC Transport Services 109,643 24,749 134,392 160,168 Mlnlbus Income 20,451 9,748 43,477 63,928 9.899 142,507 54,708 15,735 127,984 Office & Tralnlng Services RVS Home Help Servlce 142,507 361,347 226,090 587,437 572,197 Page 23
Rushmoor Voluntary Servlces Notes to the Financial Statements for the year ended 31 March 2024 Income from Investments 2024 Total funds 2023 Total funds Restrlcted funds Unrestrficted funds Bank interest receivable 11,021 11,021 4,608 Income from UK listed inv¢stmcnts 466 11,021 11,021 5,074 Income by actlvffity 2024 Total funds 2023 Total funds Restrlcted funds Unrestrficted funds Core fimctions 21,851 21,851 137,609 18,500 113,217 6,949 132,984 220,579 21,070 23,992 45,609 657 cvs 137,609 Covid-19 Homc Help Transport Social Inclusion 142,507 72,933 142,507 203,027 41,628 40,100 13,950 130,094 41,628 40,100 13,950 Blooming Marvellou8 Projects Charity Funds 363,381 237,291 600,672 583,557 Page 24
Rushmoor Voluntary Services Notes to the Finaneial Statements for the year ended 31 March 2024 Expenditure on eharltable 8Ctlvltles 2024 Total funds 2023 Total funds Restrlcted funds Unrestrlcted fund5 Core functions cvs Covid-19 HIV in Hampshire Homc Help Transport Social Inclusion 50,649 50,649 124,993 40,258 109,319 7,011 24,844 150,843 204,886 15,019 28,045 35,085 124,993 24,844 24,844 149,467 209,828 32,348 41,552 10,042 1,539 149,467 72,592 137,236 32,348 41,552 10,042 1,539 Blooming Marvellous Projects Legacy grants Charity Funds 467 372,554 272,708 645,262 615,777 These figures include 8upport costs, governance costs and management charges. These huve been allocated to charitable activities in line with grant or contract ternis, pro-rata to income received in each class of activity. Trustees, remuneratlon, beneflts and expenses There were no trustees, r¢muneration or other benefits for the year ended 31 March 2024 (31 March 2023.. £nil). There were no trustees, expenses paid for thc year ended 31 March 2024 (31 March 2023.. £nil). Net expendlture Nct expenditure for the year is stated aftcr charging: 2024 2023 Independent Examiner's / Auditor's rcmuneration Depreciation of fixed assets Op¢rating lease rentals Grants paid 7,392 18,720 20,940 18,876 6,510 16,529 14,955 23,089 Page 25
Rushmoor Voluntary Servlces Notes to the FAnancial Statements for the year ended 31 March 2024 Grants pald 2024 2023 Grants pald to Indlvlduals Grvdnls pald to organisatlons TVPS Disability Challengers Ltd Knights Foundation Spaces for Growing Rushmoor Repair Café Rushmoor & Hart Young Carers Covc Infant School Bohunt School RBC- Wellbeing Walk Farnborough Library - Ukraine Leaders, Grant Community Grub Hub - Ukraine Grant Lions Club of Fleet St John's Church Cove Hampshire Cultural Trust Rushmoor Citizens, Advice Cove Methodist Church St Patrick's JunAor School Parsonage Farni Nursery & Infant S¢hool Hampshire Cultural Trust 370 248 14,844 450 638 293 750 425 756 350 14,844 3,276 150 350 1,000 230 690 200 200 500 500 901 18,876 23,089 10 Staff costs 2024 2023 Wages and salaries Social security costs Other pension costs 448,979 18,789 14,573 391,461 20,775 12,635 482,341 424,871 No employee received an annual salary including benefits of more than £60,000 per year. In addition to paid staff, RVS also has a number of voluntcers. Page 26
Rushmoor Voluntary Services Notes to the Financial Statements for the year ended 31 March 2024 io Staff costs (continued) The average monthly number of employees during the ycar was 4 full time (2023.. 4) and 43 part time (2023.. 39). employ¢d as follows.. 2024 2023 Core activities cvs Home Help Transport Blooming Marvellous Social Inclusion 25 10 26 Total 47 43 11 Tanglble Flxed Assets Office equlpment Motor vehlcles Computers Total Cost At l April 2023 Additions Disposals 2,726 660 ( 1,783) 22,218 473 (10,781) 153,120 178,064 1,133 (32,964) (20,400) At 31 March 2024 1,603 11,910 132,720 146,233 Depreclatlon At l April 2023 Charg¢ for year Disposals 2,488 234 (1,783) 20,081 1,688 (10,781) 72,530 16,798 (20,400) 95,099 18,720 (32,964) At 31 March 2024 939 10,988 68,928 80,855 Net Book Valme At 31 MarLh 2024 664 922 63,792 65,378 At 31 March 2023 238 2,137 80,590 82,965 Page 27
Rushmoor Voluntary Servlees Notes to the Financial Statements for the year ended 31 March 2024 12 Investments With the authority of the Trustees, inv¢stments can be wid¢r or narn)wer range investments within the meaning of Section 3 of the Trustee Act 2(K)O. Current investments are as follows.. Market Value 2023 Number MArket Value At cost unlts UK Llsted Investments Rathbones Activc Income & Growth Fund CAF UK Equitrack Fund L&G UK Equity Income Fund (l) Acc. CCLA COIF Charities Ethical Investment Fund (Acc) BlackRock Charishare Common Investment Fund 35,103.99 46.997 35.9l5.53 50,000 54,305 57,209.93 57,193 10,704.33 50,000 56,310 49,777 1,773.30 7,282 13,979 13,123 Total 127,482 164,202 Market Value 2024 Market Value 2023 Value at the beginning of th¢ year Disposal of investments in year (at cost or value brought forward) In¢reasel(decr¢as¢) in value 164,202 188,601 (45,435) 8,715 (20,812) (3,587) Value at the end of th¢ year 127,482 164,202 During the year the adminiqtration of thc CAF UK funds was taken over by L&G and th¢ holding in the CAF UK Equitrack Fund was ¢onverted into an equivalent numbcr of units in the L&G UK Equity Incomc Fund. Page 28
Rushmoor Voluntary Services Notes to the Financial Statements for the year ended 31 March 2024 13 Debtors: Amounts falling due wlthln ODe year 2024 2023 Trade debtors Other debtors Prepayments and accrued income 91,860 14,284 16,697 92,354 4,612 16,385 122,841 113,351 14 Credltors: Amounts falllng due wlthln one year 2024 2023 Trade cr¢ditor8 Other creditors Payroll ¢08ts Accruals Deferred grant income 20,E24 47,660 2,174 2V,721 64,004 20,609 60,515 391 19,010 52,512 154,683 153,037 In 2022-23 Hampshire County Council gave a grant of £49,500 towards the purchase of two replacement minibuses. Tkn's grant is being spread over the 5 year Uful life of the buses and th¢ net amount not yet transferred to income AS shown as a liability withing Other creditors. £9,900 has been included in Income from Charitable Activities in 2023124. Page 29
Rushmoor Voluntary Servlces Notes to the Financial Statements for the year ended 31 March 2024 15 Movement in funds Atl Aprll 2023 Invest ment Galn Transfers between fund8 At31 March 2024 Income Spend Restrleted reserves Blooming Marvellous cvs Rushmoor Connect Fleet Connect Legacy Fund Projccts HIV in Hampshire Social Inclusion 40.100 (41,552) 1,452 3,899 19,304 137,609 75,510 (124,993) (82,545) 16,515 12,269 54,584 (54,691) (1,540) (10,041) (24,844) 107 36,115 37.666 50,544 34,575 41,575 25,700 13,950 6,051 41,628 (32,348) 15,331 Total re8trl¢ted reserves 153,579 363,381 (372,554) 1,559 145,965 Unrestrlcted reserves Deslgnated reserves Bus replacement Bus deprcciation Charity Fund Employment contingency Volunteer Centre expenses Blooming Marvellous Frank Rust Memorial Contingency Reserve 21,330 80.600 10,000 56.727 28,808 (16,808) 50,138 63,792 i 0,000 41,493 (15,234) i 0,000 10,000 20,000 20,000 4,000 (1,106) 106 3,000 20,000 20,000 Total deslgnated reserves 222,657 (1,106) (3,128) 218,423 General reserves 157.316 237,291 (271,602) 8,715 1,569 133,289 Tota unre$trleted reyerves 379,973 237,291 (272,708) 8,715 (1,559) 351,712 Total funds 533,552 600,672 (645,262) 8,715 497,677 Page 30
Rushmoor Voluntary Servlces Notes to the Financial Statements for the year ended 31 March 2024 16 Purpose of funds Unrestrlcted funds General reserv¢s Th¢ funds are held available for the ordinary puOseS of the charity. Thes¢ are amounts that have been set aside by the Trustees from the General reserves of the Charity to fid specific projects or activities. To make donations to help tndividuals. The Trustees will from time to time increase this reserve fmm the general reserve8 of the Charity. To replace minibuses that have reached the end of their useful lives. To cover the cost of future depreciation of the minibuses as their market value is uncertain. Designated funds Charity Fund Bus Replacement Reserve Bus Depreciation Reserve Volunteer Centre To cover shortfalls in funding in the coming year. To cover shortfalls in funding in the coming year. To cover Costs arising in thc event that the Charity is forced to close. Blooming Marvellous Employmcnt contingency and general contingency Frank Rust Memorial Reserve To fund ntS to commemorate a fornier Trustee and Chair of the Charlty. Restricted funds The reytricted reserves are the balan¢e on funds that arise from grant or other contract income received for specific ongoing projects as dcscribed in the Report of the Chief Executive Officer. 17 Funds held for dl8trlbutlon These amounts are included in tbc Charity's Statement of Financial Activities and the Balanc¢ Shcct. 18 Analysls of net assets betiveen funds Restrlcted Unrestrficted funds funds Total funds Fixed assets Investments Net Current Assets 65,378 113,503 172,831 65,378 127,482 304,817 13,979 131,986 145,965 351,712 497,677 Page31
Rushmoor Voluntary Services Notes to the Financial Statements for the year ended 31 March 2024 19 Related party dlsclosures There were no related party transactions for the year ended 31 March 2024. 20 ContffiDgeDt IIAbllltles There are no contingent liabilitAes at the balance sheet date. 21 Controlllng party There is no single controlling party. 22 Reeonclllatlon of net movement In funds to net cash flow from operatlng aetivltlej 2024 2023 Note$ Net movement In funds (35,875) (35,807) Non-CAsh Items: Depreciation charge Profit on disposal of fixed assets Flnanclal Item8: 18,720 (3,100) 23,832 Interest received Dividends received {Gain)/loss on investments (11,021) (4.417) (657) 3,588 12 (8,715) Other balance sheet movements: Movement in debtors Movement in ¢dItorS 13 14 (9,490) (35,885) 23,932 Iyel cash used In operadng actlvltles (47,835) (25,414) Page 32
Rushmoor Voluntary Servlces Notes to the Financial Statements for the year ended 31 March 2024 23 Source of material incoming resources from Government and other Public Bodies 2024 2023 Local Authorlty Contracts Hampshire County Councll Rushmoor Connect Fleet Connect Connect Minibus Hire 64,488 45,155 24,749 70,138 39,152 Local Authorlty Grants Rushmoor Borough Council CVS - Main RVS Grant Core Blooming Marvellous Covid-19 Projects Connect Minibus Hire Social Inclusion 65,689 6,488 8.192 68,292 4,104 21,337 4,052 21,070 0,750 4,518 18,507 Hampshlre County Councll CVS- Community First Core Social Inclusion Projects Blooming Marvellous Hdr¢ Dis¢ricl Council 37,800 4,200 23,121 500 8,700 12,168 1,684 Home Help- to develop booking system 5,000 Page 33