Company Registration Number 03238444 Registered Charity Number 1059794 RUSHMOOR VOLUNTARY SERVICES ANNUAL REPORT 2024-25 Year ended 31 March 2025
RUSHMOOR VOLUNTARY SERVICES Year ended 31 March 2025 Legal and Administrative Information Trustees, Executive Management and Advisers Registered and Principal Office: Civic Offices Farnborough Road Farnborough GU14 7JU Telephone: 01252-398450 Email: info@rvs.org.uk Website: www.rvs.org.uk The Trustees are the Directors and Board of Management of the Company Board of Trustees Andrew Lloyd Colin Slatter Alan Thorpe John Card Alison Cooper Richard Hickman Diane Bedford Martin Wood Gary Ghale Dawn Keenan Julia Crossley Chair Vice-chair Treasurer Nominated by Rushmoor Borough Council Clr. Lisa Greenway Chief Executive Officer Donna Bone Independent Examiner Justin Harris Knight Goodhead Limited, Chartered Accountants 7 Bournemouth Road Chandler's Ford, Eastleigh Hampshire S053 3DA Bankers Royal Bank of Scotland plc Holt's Farnborough Branch Lawrie House Victoria Road Farnborough GU14 7NR The constitution of the Charity and its Objects are set out in the report of the Trustees.
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE CHAIR OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Report of the Chair of the Board of Trustees l am pleased to present our Annual Report, which summarises RVS'S activities, achievements and impact during the year. Despite the many financial and other challenges we have faced, RVS continued to support and encourage the voluntary sector locally and to support those in our community who are less able to look after themselves. Over the year we have seen the strength of our trustees, volunteers, staff, partners and supporters shine through, enabling us to continue delivering key services and make a meaningful difference in the lives of those we serve. In order to protect services, the Trustee Board approved a deficit budget for the year, balanced by the prudent use of reserves. We have also sought to deepen our partnerships, strengthen our governance and manage our resources responsibly to ensure we can deliver lasting value for those who depend on us. The achievements highlighted in this report are a testament, not only to the impact of our services, but also to the strong sense of purpose and collaboration that underpins all that we do. These are set out in more detail in the Trustee and Chief Executive's reports and please make contact if you require any further information or clarification. As we look ahead, we remain committed to maintaining and strengthening our engagement with the communities we serve and although the challenges we face are significant, with the continued dedication of our team, l am confident that we can build on the progress outlined in this report. l extend my sincere thanks to all who have contributed to our work over the past year and I look forward to the opportunities that lie ahead. Andrew Lloyd Chair 24 September 2025
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE CHIEF EXECUTIVE OFFICER FOR THE YEAR ENDED 31 MARCH 2025- SUMMARY 2024-2025 was a year of significant change for the local political and health landscapes with new Council and Government leadership. Subsequently the new Government have brought forward proposals for devolution for the County that will result in a new Mayoral Combined Authority in 2026, and a local government reorganisation that will impact Rushmoor, Hart, and Basingstoke & Deane. In health, the planned dissolution of Frimley Integrated Care Board (ICB) will also see Rushmoor and Hart transition to Hampshire & Isle of Wight ICB. Alongside these changes, Rushmoor Voluntary Services (RVS) remain a stable and trusted partner, delivering essential services and community support. Key Achievements Partnerships and Forums: Working alongside Rushmoor Borough Council's Community and Partnerships team, actively contributing to the Supporting Communities and Community Recovery groups. we will endeavour to continue to be a proactive and strong partner to the Council. Strengthened ties with Hart Voluntary Action. co-hosted forums, training, and funding events across Rushmoor and Hart. The Voluntary Sector Forum enabled dialogue with local leadership and engaged over 50 VCSE sector representatives in key consultations. Volunteering: 289 volunteers placed; equivalent to £472,780 in economic value. 151 bite size Responder volunteering tasks supported local events and community needs. Successful volunteer fairs and recognition events held throughout the year. Community Support & Funding: Secured approximately £1 million in grant funding for local groups. Maintained the Rushmoor Link directory achieving an average of 1,129 monthly users. Awarded four legacy grants and managed key community engagement programmes. 27 existing and new groups supported with governance and sustainability.
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE CHIEF EXECUTIVE OFFICER FOR THE YEAR ENDED 31 MARCH 2025- SUMMARY Supporting Independence Community Transport: Despite uncertainty, 7,678 passenger journeys and 538 group minibus hires were completed. RVS secured the new contracts starting September 2025. Home Help: Provided over 8,200 hours of essential support, maintaining high service levels despite increased fees. Social Inclusion: Increased our volunteer team by 7 (now 24). Provided 306 phone calls and 410 home visits to isolated individuals. Farnborough Lunch Club: Relaunched to support elderly residents facing social isolation. now serving 20 regular attendees with activities and outings. Wellbeing Walks: Continued expansion with six weekly walks promoting social interaction and gentle exercise. Community Projects Cohesion Project: Continued to provide settlement support to refugees and asylum seekers in Rushmoor, encouraging and enabling community engagement. Environmental Work: Achieved Silver 'lnvestors in the Environment, accreditation. Blooming Marvellous engaged 19 supported volunteers, delivered 75 community garden sessions, and donated 73kg of fresh produce to local food banks. Blooming Minds offered structured green social prescribing, improving mental and physical wellbeing outcomes. Facilitated Rushmoor Community in Bloom and led community-wide climate engagement through partnerships and forums, including Rushmoor Green Community Forum. Improved accessibility to Farnborough RotaryAccess Garden (FRAG). Contributed to the Hampshire County Council's Communities People and Planet Project, involving community groups across the borough.
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE CHIEF EXECUTIVE OFFICER FOR THE YEAR ENDED 31 MARCH 2025- SUMMARY Training: Provided MIDAS training for 58 drivers. 3 emergency first aid courses. 1 Recruitment and Management of Young Volunteers training session. 1 Let's Talk Trustees workshop. 1 Crowdfunder workshop. 3 Strategic Project Development workshops. Strategic Projects & Partnerships Health & Social Care: Worked with Frimley ICB to deliver The Smile Project to improve oral health among 700+ local children. Frimley VCSE Alliance: Ensured VCSE representation in health planning" themed subgroups met regularly, and funding is secured through March 2026. Resilience: RVS is a founder member of the Community Infrastructure Partnership (CIP), maintaining Hampshire-wide VCSE support following the withdrawal of HCC'S infrastructure grant. Final Thanks We thank our core funders for this year Rushmoor Borough Council and Hampshire County Council all other funding providers, as well as our members, volunteers, and community partners for their commitment. Together, we have continued to champion a vibrant, inclusive, and resilient voluntary sector for Rushmoor. Donna Bone, CEO 24 September 2025 Note: This is a summarised version of the Chief Executive's Report. To read the full version please access our website - www.rvs.or .uk
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, who are also the Directors of Rushmoor Voluntary Services ("the Charity") for the purposes of the Companies Act 2006, present their report together with the financial statements of the Charity for the year ended 31 st March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 of the accounts and comply with the Charity's governing document, the Charities Act 2011 and the provisions of 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). Objectives and Activities The purposes of the Charity are: To promote any charitable purposes for the benefit of the community in Hampshire and in particular the local government district and Borough of Rushmoor. To promote and organise co-operation in the achievement of the above purposes by bringing together representatives of the relevant voluntary organisations and statutory authorities. We have engaged in a wide variety of activities for the benefit of the local community, including: Provision of community transport services across Rushmoor and Fleet A Home Help service to approximately 150 households in Rushmoor and Hart. Our Blooming Marvellous activity, providing support to volunteers living with mental ill health Training services Volunteer recruitment and support Providing grants to various organisations we believe are worthy of financial support and help We have promoted co-operation between local charities and public bodies by: Our quarterly Volunteer Sector Forum meetings, where representatives of local charities and of local government come together Our community development work helping the creation of new charities to address community needs Provision of information to our 329 member organisations Far more information, including details of our specific achievements under each heading, is contained in the Chief Executive's Report. We have referred to the Charity Commission's general guidance on public benefit when reviewing aims and objectives and in planning these activities. We believe that the various activities listed above mean that the charity fully meets the "Public Benefit" requirements of the Charity Commission.
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Financial Review & Reserves Policy For the year ended 31 March 2025 the Charity recorded a deficit of £32,864 before investment gains of £7,056. This compares to a deficit of £54,490 before investment gains of £8,715 for the year ended 31 March 2024. Unrestricted Income fell below Expenditure by £15,845 (before Investment gains). We have suffered from the overall financial climate, with local councils as well as individuals feeling the effects of high inflation levels. We also recorded a significant deficit on Restricted Funds, of £17,019. We continue to be grateful for the support we have received from Hampshire County Council, Rushmoor Borough Council, and a number of other organisations. In spite of these losses, the financial position of the charity remains healthy, with net current assets of £324,959 and total reserves of £509,819. These Reserves fall under 3 headings: Restricted Reserves, which can only be used for specific activities. At 31 March 2025 these amounted to £134,476. Designated Reserves, which we have chosen to allocate to cater for specific risks or activities. At 31 March 2025 these amounted to £181,134. General Reserves which are held to provide cover for unexpected changes in income and expenditure to allow us time to adjust our cost base and to continue activities. At 31 March 2025 these amounted to £194,209. The Trustees conduct an annual review of the various risks facing the Charity and set aside Designated Reserves to ensure that these risks are catered for, as required by the latest guidance from the Charity Commission. In addition, we retain General Reserves to allow us to deal with other unforeseen contingencies as they arise. The Charity's reserve policy is to hold General Reserves amounting to approximately 3 months, total expenditure. This reflects the circumstances the Charity is currently operating in, but the Trustees will also review this level on an annual basis as circumstances change. As at 31 March 2025, General Reserves amounted to 3.4 months, total expenditure. Sources of Funds The Charity's principal sources of funds are local authority contracts and grants from various bodies, including local authorities. The Charity also generates a considerable amount of income from its Home Help and Community Transport activities. Specifically, the following agreements which provide funds for the Charity's core and transport activities existed during the course of the year: Core Council of Voluntary Service functions Rushmoor Borough Council and Community First Wessex/HCC Hampshire County Council Hampshire County Council Hampshire County Council Rushmoor Connect Fleet Connect Connect Minibus Hire
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The following agreements have provided funds for other activities: Blooming Marvellous Broadhurst Welcome Home Community Ltd. Positive Action Hampshire Hants CC Get Going Again Fund HIV Advice & Assistance Green Social Prescribing Investment Powers and Policy Under the Memorandum and Articles of Association, the Charity has the power to make any investment which the Trustees see fit. The current policy is to invest up to 50% of core funds in a range of investment funds, and the remainder in deposit accounts of varying maturities with several different banks. Risk Management As required by the Charity Commission, we regularly undertake reviews of the significant risks to ensure the appropriate mitigation policies exist. A formal Risk Management document is reviewed annually and approved by the Board. The key risk to the Charity has been identified as the inability to sustain or replace current grant funding from local authorities. In the event that funding will not be forthcoming in the future, designated reserves have been set aside to allow us to continue for a limited period to enable it to find additional funding and to provide for staff redundancy costs. A number of lower priority risks have been identified and procedures have been implemented which minimise all identified risks. Future Plans Whilst such a significant proportion of our grant and contract income remains uncertain pending the outcome of Hampshire County Council's Future Services Consultation, it is difficult to set out a clear vision. In addition, the impact of the Government's Local Government Re-organisation policy is unclear, because the future structure has not yet been agreed. Until these issues are resolved it is difficult for us to plan ahead with any confidence, but we are already exploring possible alternative sources 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. Structure, Governance and Management Rushmoor Voluntary Services, a company limited by guarantee, is registered in England & Wales (No. 03238444) and operates from its registered office at The Civic Offices, Farnborough Road, Farnborough, GU14 7JU. It is established for charitable purposes, by a Memorandum of Association dated 16th August 1996 and registered as a Charity (No. 1059794) by the Charity Commissioners. Under Section 60 of the Companies Act 2006, the Charity has been exempted from having to use the word 'Limited' in its name. The Charity is also recognised by HM Revenue & Customs as a charity for tax purposes. This means that it is able to take advantage of charitable tax relief on donations from individuals.
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The governance structure is made up of a Board of Trustees of up to 12 members, plus a representative nominated by Rushmoor Borough Council, and two sub- committees: Remuneration Committee and Legacy Grants Committee. The sub- committees are based on delegated decision-making powers handed 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, Information Technology, Education, Human Resources, Disability and Social Welfare. The Chief Executive is not a director but is a permanent non-voting member of the Board. The Board currently meets every two months. The Trustees are elected by the members of the Charity in accordance with the Articles of Association. All new Trustees are given induction training which includes learning about the background, ethos and day to day activities of the Charity as well as outlining their responsibilities. Statement of the Responsibilities of the Board of Trustees The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charity. In preparing those financial statements accounts, the directors are required to: select suitable accounting policies and then apply them consistently make judgements and estimates that are reasonable and prudent state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements and prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose the financial position of the Charity with reasonable accuracy and which enable them to ensure that the financial statements comply with the SORP and the Companies Act 2006. They have a general responsibility for taking reasonable steps to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities. The Trustees are also responsible for ensuring that the assets are properly applied in accordance with Charity Law.
RUSHMOOR VOLUNTARY SERVICES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 This report has been prepared in accordance with the small companies regime under section 419(2) of the Companies Act 2006, and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (second edition - October 2019). This Report of the Trustees was approved by order of the Board of Trustees as the company directors and signed on the Board's behalf by: Andrew Lloyd - Chair Date: 24 September 2025 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RUSHMOOR VOLUNT I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2025, which are set out on pages 12 to 25. Respective responsibilities of trustees and examiner As the charity's trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the "2006 Act"). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's report 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 l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that: (1) accounting records were not kept in respect of the company as required by section 386 of the 2006 (2) the accounts do not accord with those accounting records; or (3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. or (4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 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. J E Harris FCCA 7 Bournemouth Road Chandler's Ford Eastleigh Hampshire S053 3DA KNIGHT GOODHEAD LIMITED Reporting Accountants 24 September 2025
RUSHMOOR VOLUNTARY SERVICES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Restated Total Funds 2025 Total Funds 2024 Notes Restricted Unrestricted INCOME FROM: Donations, Gifts and Legacies Charitable Activities Investments 5,455 391,084 524 249,294 14,816 5,979 640,378 14,816 2,214 587,437 11,021 TOTAL 396,539 264,634 661,173 600,672 EXPENDITURE ON: Charitable activities 413,558 280,479 694,037 655,162 TOTAL 413,558 280,479 694,037 655,162 NET INCOMEI(EXPENDITURE) (17,019) (15,845) (32,864) (54,490) Net gainsl(losses) on investments 12 7,056 7,056 8,715 Transfers between Funds 5,530 (5,530) NET MOVEMENT ON FUNDS (11,489) (14,319) (25,808) (45,775) TOTAL FUNDS BROUGHT FORWARD 145,965 389,662 535,627 581,402 TOTAL FUNDS AS AT 31 MARCH 2025 15 134476 375 343 509 819 535 627 There are no recognised gains and losses other than those shown in the Income and Expenditure account. All of the above amounts relate to continuing activities. The notes on pages 15 to 25 form part of these financial statements 12
RUSHMOOR VOLUNTARY SERVICES BALANCE SHEET AS AT 31 MARCH 2025 Restated 2024 Notes 2025 FIXED ASSETS Tangible Assets Investments Total Fixed Assets 11 12 50,322 134,538 184,860 65,378 127,482 192,860 CURRENT ASSETS Debtors Cash at bank and in hand Total Current Assets 13 42,800 337,898 380,698 122,841 336,659 459,500 CREDITORS - Amounts falling due within one year 14 55,739 116,733 NET CURRENT ASSETS 324,959 342,767 TOTAL ASSETS LESS CURRENT LIABILITIES 509,819 535,627 NET ASSETS 509 819 535 627 FUNDS OF THE CHARITY Restricted funds 15 134,476 145,965 Unrestricted Funds Designated Reserves Other Reserves 15 15 181,134 194,209 218,423 171,239 TOTAL FUNDS as at 31 MARCH 2025 509 819 535 627 These financial statements have been prepared in accordance with the principles of Section 15 of the Companies Act 2006 relating to small companies. The financial statements were approved by the Board on 24 September 2025 and signed on its behalf by: A. Lloyd - Chairman The notes on pages 15 to 25 form part of these financial statements 13
RUSHMOOR VOLUNTARY SERVICES CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Restated 2024 Note 2025 Cash Flow from operating activities 21 (13,695) (47,835) Cash flows from investing activities: Proceeds from sale of fixed assets Purchases of fixed assets Disposals of Investments Interest received Net Cash from investing activities 3,100 (2,981) 3,100 (1,133) 45,435 11,021 58,423 12 14,816 14,935 Net Increasel(Decrease) in Cash and Cash Equivalents 1,239 10,588 Cash and Cash equivalents at 1 April 2024 336,659 326,071 Cash and Cash equivalents at 31 March 2025 337,899 336,659 14
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 GENERAL INFORMATION Rushmoor Voluntary Services is a company limited by guarantee in England & Wales - registration number 03238444. The address of the registered office is given on page 3 of these financial statements 1 ACCOUNTING POLICIES The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been onsistently applied to all years presented. Basis of preparation The financial statements have been prepared under the historical cost convention modified to include investments at fair value. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) harities SORP (FRS102)) and the Companies Act 2006. Rushmoor Voluntary Services meets the definition of a public benefit entity under FRS102. Fund Accounting General Funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity, and which have not been designated for any other purposes. Designated Funds (see note 15) mprise unrestricted funds that have been set aside by the Trustees for particular purpose and use of each designated fund is set out in the notes to the financial statement Restricted Funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. The aim Investment income and gains are allocated to the appropriate fund. Incoming resources All incoming resources are inc uded in the Statement of Financial Activitie amount can be quantified with reasonable certainty. For legacies, 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 are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. when the charity is legally entitled to the income and the Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to each category, on a project by project basis. Where costs cannot be directly attributed to particular projects they have been allocated to activities on a basis co istent with the use of the resources. As the Charity is not registered for Value Added Tax (VAT), the irrecoverable amount is included with the relevant cost f the goods or services purchased Governance costs include all items of expenditure relating to the running of the Charity. They comprise filing and registration fee independent examiner fees, and costs of preparing the annual accounts and holding the Annual General Meeting Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its expected useful economic life: Computer hardware and software 33.33 % p.a. straight line basis Office equipment 20 % p.a. straight line basis Motor vehicles 20 % p.a. straight line basis Investments Investments are stated at market value at the balance sheet date. The Statement of Financial Activities in or loss arising on revaluation. des the net unrealised gain 15
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1 ACCOUNTING POLICIES (continued) Debtors Trade debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid. Cash at bank This includes cash and fixed term deposit accounts with maturities up to twelve months Creditors and Provisions Creditors and provisions are recognised when the 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. Pensions All employees are eligible to join the Charity's Pension Scheme, which is a money purchase defined contribution scheme complying with The Pensions Act 1995. Contributions to this scheme are charged to the Statement of Financial Activities as they are incurred. Operating Leases Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease Taxation The charity is exempt from Corporation Tax on its charitable activities. Restatement of prior year figures The 2024 comparative figures have been restated to correct the treatment of a grant received towards the purchase of replacement buses in 2023. e grant income is now recognised in full in 2023 and fund balances adjusted as appropriate, The effect of the adjustment on the comparative figures has: increased expenditure by £9,900 resulting in an increased deficit of £45,775 reduced creditors by £37,950 to £116,733 increased fund balances as at 31 March 2024 by £47,850 to £535,627 2 INCOME FROM DONATIONS, GIFTS AND LEGACIES Total 2025 Total 2024 Restricted Unrestricted Donations, Gifts and Legacies General donations 5,455 5,455 524 524 Total 5,979 5,979 2,214 2,214 16
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 3 INCOME FROM CHARITABLE ACTIVITIES Total 2025 Total 2024 Restricted Unrestricted Grants Rushmoor Borough Council Hampshire County Council Broadhurst Welcome Home Community Hants & low Community Fund Frimley CCG Action Hampshire Farnborough Airport Grainger plc Kebur garden materials FATH Components Age Concern Hampshire Frimley VCE Alliance Co-operative Group Shanly Foundation RBC PEBL grant NEH Innovation Fund Chapman Trust Frimley ICS Rushmoor repair café 119,767 86,160 21,893 1,000 25,773 2,540 500 500 50 1,000 1,249 2,000 250 2,500 340 4,763 2,000 615 6,488 8,478 126,255 94,638 21,893 1,000 25,773 2,540 500 500 50 1,000 1,249 2,000 250 2,500 340 4,763 2,000 615 113,743 74,321 21,174 25,773 1,000 200 50 450 236,711 272,900 14,966 287,866 Local Authority Contracts: Hants CC Transport Services Minibus Income Office & Training Services RVS Home Help service 88,440 24,967 4,777 19,482 51,944 7,973 154,929 249,294 107,922 76,911 12,750 154,929 640,378 134,392 63,928 9,899 142,507 587,437 Total 391,084 4 INCOME FROM INVESTMENTS Investment Income, Bank & Deposit Interest 14,816 14,816 14,816 14,816 11,021 11,021 Total TOTAL INCOME 396,539 264,634 661,173 600,672 5 INCOME BY ACTIVITY Core functions cvs Home Help Transport Social Inclusion Blooming Marvellous Projects 25,590 25,590 124,923 154,935 207,541 48,531 92,603 7,050 661,173 21,851 137,609 142,507 203,027 41,628 40,100 13,950 600,672 124,923 154,935 84,109 123,432 48,531 92,603 7,050 396,539 264,634 17
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 6 EXPENDITURE ON CHARITABLE ACTIVITIES Total 2025 Total 2024 Restricted Unrestricted Core functions cvs HIV in Hampshire Home Help Transport Social Inclusion Blooming Marvellous Projects Legacy grants Total Expenditure on Charitable Actlvities 37,742 37,742 110,476 24,844 155,687 221,112 50,127 85,699 7,050 1,300 694,037 50,649 124,993 24,844 149,467 219,728 32,348 41,552 10,042 1,539 655,162 110,476 24,844 155,687 87,050 134,062 50,127 85,699 7,050 1,300 413,558 280,479 These figures include support costs, governance costs, and management charges. These have been allocated to charitable activities in line with grant or contract terms, and pro rata to Income received in each Class of Activity. Payroll & Other Employee Costs Minibus Expenses Phone, postage & IT costs Rent & Utilities Insurance Maintenance & Repairs Legal & Professional Fees Depreciation Volunteer & Development Costs Grants payable Misc/Uncategorised Expenses Management charges 255,860 28,066 6,040 16,368 244,869 28,141 7,329 11,163 4,598 2,518 3,802 17,221 3,794 1,359 380 (44,695) 280,479 500,729 56,207 13,369 27,531 4,598 40,726 4,851 18,037 7,245 20,199 545 487,668 57,351 19,366 20,940 4,619 1,823 17,207 18,720 5,101 18,876 3,490 38,208 1,049 816 3,451 18,840 165 44,695 413,558 694,037 655,162 Management charges have been made in line with grant or contract terms. Support costs have been apportioned to each activity in proportion to their estimated usage of each element of cost. No support costs were allocated to grant making activities. 7 TRUSTEES, REMUNERATION, BENEFITS AND EXPENSES The Directors are defined as the Board of Trustees. No remuneration, other benefits or expenses were paid to members of the Board during the year ended 31 March 2025 (31 March 2024: £nil). 8 NET INCOMEIEXPENDITURE Net Income/Expenditure is stated after charging or (crediting): 2025 2024 Independent Examiner's / Auditors, remuneration Other Accountancy Services Depreciation of assets Operating lease rentals Grants paid 2,640 960 18,037 27,532 18,243 7,392 18,720 20,940 18,876 18
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 9 GRANTS PAID 2025 2024 Grants paid to individuals Grants paid to organisations: TVPS Kerith Church Mayfield Community Partnership Farnborough Baptist Church Cornerstone Learning St. Mark's CofE Primary School Talavera Junior School Disability Challengers Ltd Knights Foundation Spaces for Growing Rushmoor Repair Café Rushmoor & Hart Young Carers Cove Infant School Bohunt School 370 14,844 854 300 500 500 350 895 14,844 450 638 293 750 425 756 350 18,876 Total 18,243 10 STAFF NUMBERS AND COSTS The average number of persons employed by the Charity during the year was 4 full time (2024.4) and 43 part time (2024.43), employed as follows: 2025 2024 Core activities CVS Services Home Help Transport Blooming Marvellous Social Inclusion Total 25 25 10 49 47 The aggregate payroll costs of these persons were as follows: 2025 2024 Wages and Salaries including temporary staff Social Security costs Pensions contributions and Life Assurance 461,816 18,346 13,419 493,581 448,979 18,789 14,573 482,341 No employee receives an annual salary including benefits of more than £60,000 per year. In addition to paid staff, RVS also has a number of volunteers. At the year end there were outstanding pension contributions payable of £2,168 (2024: £2,174). Total employer pension contributions of £13,419 (2024. £14,573) were paid by the charity and are included in the SOFA. Key management comprises 3 individuals who were paid a total of £132,575 (2024: £128,057 to 3 individuals). 19
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 11 TANGIBLE FIXED ASSETS Office equipment Motor Vehicles Computers Total Cost At 1 April 2024 Additions Disposals At 31 March 2025 1,603 1,733 11,910 1,248 132,720 146,233 2,981 (400) 148,814 (400) 132,320 3,336 13,158 Depreciation At 1 April 2024 Recovered on Disposals Charge/(Release) for year At 31 March 2025 939 10,988 68,928 (400) 16,798 85,326 80,855 (400) 18,037 98,492 375 1,314 864 11,852 Net Book Value At 31 March 2024 At 31 March 2025 664 2,022 922 1,306 63,792 46,994 65,378 50,322 12 INVESTMENTS With the authority of the Trustees, investments can be wider or narrower range investments within the meaning of Section 3 of the Trustee Act 2000. Current investments are as follows: Market Value 2025 Market Value 2024 At Cost UK Listed Investments Rushmoor Voluntary Services L&G UK Equity Income Fund (l) Acc. - 57.209.933 Units CCLA COIF Charities Ethical Investment Fund (Acc) - 10,704.33 units BlackRock Charities UK Equity Fund A Acc. - 541.58 units 50,000 50,000 7,282 107,282 64,018 55,480 15,040 134,538 57,193 56,310 13,979 127,482 Value as at 1 April 2024 Additional Investments in year Disposal of Investments in year (cost or value brought forward) Increase/(Decrease) in value in the year Value as at 31 March 2025 127,482 164,202 (45,435) 8,715 127,482 7,056 134,538 Breakdown of Investment Income: 2025 2024 Bank interest receivable Income from UK Listed Investments 14,816 11,021 Total 14,816 11,021 20
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 13 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Debtors Sundry Debtors Prepayments Total 14,405 11,916 16,479 42,800 91,860 14,284 16,697 122,841 14 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Restated 2024 2025 Due and payable within one year: Trade Creditors Accruals Sundry Creditors Grants deferred Payroll costs 8,592 18,087 12,623 14,269 2,168 55,739 20,124 20,721 9,710 64,004 2,174 116,733 15 MOVEMENTS IN FUNDS 1 April 2024 Movement in the year Spend Inv. Gain 31 March 2025 Income Transfers Restricted Reserves Blooming Marvellous cvs Rushmoor Connect Fleet Connect Legacy Fund Projects HIV in Hampshire Social Inclusion Total Restricted Reserves 92,603 124,923 73,485 49,946 85,699 110,476 78,586 55,476 1,300 7,050 24,844 50,127 413,558 6,904 30,962 7,169 16,515 12,269 5,530 34,575 41,575 25,700 15,331 145,965 33,275 41,575 856 13,735 134,476 7,050 48,531 396,539 5,530 Unrestricted Reserves: Designated Reserves Bus replacement Bus depreciation Charity Fund Employment contingency Volunteer Centre expenses Blooming Marvellous Frank Rust Memorial General Contingency Reserve Total Designated Reserves 50,138 63,792 10,000 41,493 10,000 20,000 3,000 20,000 218,423 13,862 (44,848) (10,000) 9,697 64,000 18,944 51,190 10,000 20,000 2,000 15,000 181,134 1,245 245 (5,000) (36,044) 1,245 General Reserves 171,239 264,634 279,234 7,056 30,514 194,209 Total Unrestricted Reserves 389,662 264,634 280,479 7,056 (5,530) 375,343 TOTAL FUNDS 535,627 661,173 694,037 7,056 509,819 21
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 16 PURPOSES OF FUNDS The Restricted Reserves are the balances on funds that arise from grant or contract income received for specific projects which are ongoing. Designated Reserves are amounts that have been set aside by the Trustees from the General Reserves of the Charity to fund specific projects or activities. The Trustees have reviewed the levels of all Designated Reserves, and have concluded that certain Reserves are either no longer required or are currently excessive: The Charity Fund is no longer required because donations to individuals are small and are typically made out of General Reserves or out of the Legacy Fund. The Employment Contingency and General Contingency Reserves are to cover costs arising in the event that the charity is forced to close. The Bus Replacement Reserve is being built up to replace buses that have reached the end of their useful lives, and to provide funds for the full acquisition of part-owned buses if this should prove necessary. The Bus Depreciation Reserve covers the cost of future depreciation of our existing buses as their market value is uncertain. The Volunteer Centre and Blooming Marvellous project reserves are to cover shortfalls in funding in the coming year. The Frank Rust Memorial Reserve is to fund grants to commemorate a former Trustee and Chair of the Charity. 17 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2025 2025 Restricted Unrestricted Funds Funds 2025 Total Funds 2024 2024 Restricted Unrestricted Funds Funds 2024 Total Funds Fixed Assets Investments Net Current Assets/(Liabilities) 50,322 119,498 205,523 375,343 50,322 134,538 324,959 509,819 65,378 113,503 210,781 389,662 65,378 127,482 342,767 535,627 15,040 119,436 134,476 13,979 131,986 145,965 18 CONTINGENT LIABILITIES There are no contingent liabilities at the balance sheet date. 19 CONTROLLING PARTY There is no single controlling party. 20 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Note Net Movement in Funds (25,808) (45,775) Non-cash items: Depreciation charge Profit on disposal of fixed assets Financial items: Interest received Dividend Income Losses/(Gains) on Investments Other Balance Sheet movements: (Increase)/Reduction in Debtors Increase/(Reduction) in Creditors Net Cash used in Operating Activities 18,037 (3,100) 18,720 (3,100) (14,816) (11,021) (7,056) (8,715) 80,041 (60,994) (13,695) (9,490) 11,546 (47,835) 10 22
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 21 SOURCE OF MATERIAL INCOMING RESOURCES FROM GOVERNMENT AND OTHER PUBLIC BODIES 2025 2024 Local Authority Contracts Hampshire County Council Rushmoor Connect Fleet Connect Connect Mini-bus Hire 54,393 34,047 19,482 53,193 33,714 18,225 Local Authority Grants Rushmoor Borough Council CVS - Main RVS grant CVS ~ Other Core Blooming Marvellous Projects Connect Mini-bus Hire Social Inclusion 58,389 9,670 6,488 37,169 5,000 58,389 7,300 6,488 8,192 10,750 4,518 18,106 9,539 Hampshire County Council CVS - Community First Core Social Inclusion Projects Blooming Marvellous Rushmoor Connect Fleet Connect Connect Mini-bus Hire 24,750 3,750 25,000 37,800 4,200 23,121 500 8,700 11,295 11,441 6,524 26,386 6,062 3,962 4,728 23
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 22 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Total Funds 2024 Restricted Unrestricted INCOME FROM: Donations, Gifts and Legacies Charitable Activities Investments 2,034 361,347 180 226,090 11,021 2,214 587,437 11,021 TOTAL 363,381 237,291 600,672 EXPENDITURE ON: Raising funds Charitable activities 372,554 272,708 645,262 TOTAL 372,554 272,708 645,262 NET EXPENDITURE (9,173) (35,417) (44,590) Net gainsl(losses) on investments 8,715 8,715 Transfers between Funds 1,559 (1,559) NET MOVEMENT ON FUNDS (7,614) (28,261) (35,875) TOTAL FUNDS BROUGHT FORWARD 153,579 417,923 571,502 TOTAL FUNDS AS AT 31 MARCH 2024 145 965 389 662 535 627 24
RUSHMOOR VOLUNTARY SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 23 MOVEMENTS IN FUNDS FOR THE YEAR ENDED 31 MARCH 2024 Movement in the year Income Spend 31 March 2024 1 April 2023 Inv. Gain Transfers Restricted Reserves Blooming Marvellous cvs Rushmoor Connect Fleet Connect Legacy Fund Projects HIV in Hampshire Social Inclusion Total Restricted Reserves 40,100 137,609 75,510 54,584 41,552 124,993 82,545 54,691 1,539 10,042 24,844 32,348 372,554 1,452 3,899 19,304 16,515 12,269 107 36,114 37,667 50,544 6,051 153,579 34,575 41,575 25,700 15,331 145,965 13,950 41,628 363,381 1,559 Unrestricted Reserves: Designated Reserves Bus replacement Bus depreciation Charity Fund Employment contingency Volunteer Centre expenses Blooming Marvellous Frank Rust Memorial Contingency Reserve Total Designated Reserves General Reserves Total Unrestricted Reserves 21,330 80,600 10,000 56,727 10,000 20,000 4,000 20,000 222,657 195,266 417,923 28,808 (16,808) 50,138 63,792 10,000 41,493 10,000 20,000 3,000 20,000 218,423 171,239 389,662 (15,234) 1,106 106 1,106 271,602 272,708 (3,128) 1,569 (1,559) 237,291 237,291 8,715 8,715 TOTAL FUNDS 571,502 600,672 645,262 8,715 535,627 25