| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 4 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes tothe Financial Statements | 8 | to | 16 |
| TRUSTEES | Mrs VStokes | (deceased | (deceased | 7.6.21) | |
|---|---|---|---|---|---|
| Ms MJ Sacharin | |||||
| Mr G Heath (Chair) | |||||
| Ms LMcCall | |||||
| Mr PJ Burgess | |||||
| Mr BMallette | (Vice Chairman) | ||||
| Mr P Ball | |||||
| REGISTERED | OFFICE | Unit 4 | |||
| Checketts Lane | Industrial | Estate | |||
| Checketts Lane | |||||
| Worcester | |||||
| Worcestershire | |||||
| WR3 7JW | |||||
| REGISTERED | COMPANY NUMBER | 03323024 (England and | Wales) | ||
| REGISTERED | CHARITY NUMBER | 1060980 | |||
| INDEPENDENT | EXAMINER | The Richards | Sandy Partnership | ||
| Thorneloe House |
|||||
| 25 Barbourne | Road | ||||
| Worcester | |||||
| Worcestershire | |||||
| WR1 1RU | |||||
| SOLICITORS | Hallmark Whatley |
Hulme | LLP | ||
| 3-5Sansome | Place | ||||
| Worcester | |||||
| WR1 1UQ |
| fo | r the Year En | ded 31stMarch | 2022 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Notes | fund f |
funds | funds 6 |
fundsf | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
3 | 45,306 | 12,500 | 57,806 | 68,390 | |
| Charitable activities |
||||||
| Charitable Activities |
336,651 | 336,651 | 255,690 | |||
| Other trading activities |
4 | 1,768 | 1,766 | |||
| Investment income |
5 | 574 | 574 | 676 | ||
| Total | 384,299 | 12,500 | 396,799 | 324,756 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 1,238 | 1,238 | 1,120 | |||
| Charitable activities |
||||||
| Charitable Activges | 357814 | 2,584 | 359,998 | 282,244 | ||
| Total | 358,652 | 2,584 | 361,236 | 283,364 | ||
| NET INCOME | 25,647 | 9,916 | 35,563 | 41,392 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 324,579 | 10,119 | 334,698 | 293,306 | |
| TOTAL FUNDS CARRIED FORWARD | 350,226 | 20,035 | 370,261 | 334,696 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | f | 8 | 8 | ||
| FIXEDASSETS | |||||
| Tangible assets | 15 | 49,801 | 49,801 | 68,182 | |
| Investments | 16 | 1 | 1 | 1 | |
| 49,802 | 49,802 | 68,183 | |||
| CURRENT ASSETS | |||||
| Debtors | 17 | 90,917 | 90,917 | 39,698 | |
| Cash at bank and in hand | 242,783 | 20,035 | 262,818 | 240,711 | |
| 333,700 | 20,035 | 353,735 | 280,409 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
18 | (33,276) | (33,276) | (13,894) | |
| NET CURRENT ASSETS | 300,424 | 20,035 | 320,459 | 266,515 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 350,226 | 20,035 | 370,261 | 334,698 | |
| NET ASSETS | 350,226 | 20,035 | 370,261 | 334,698 | |
| FUNDS | 20 | ||||
| Unrestricted funds |
350,226 | 324,579 | |||
| Restricted funds | 20,035 | 10,119 | |||
| TOTALFUNDS | 370,261 | 334,698 |
| OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|---|---|---|---|
| 2022f | 2021 E |
|||||||
| Fundraising events |
1,768 | |||||||
| INVESTMENT INCOME | ||||||||
| 2022 | 2021 | |||||||
| E | E | |||||||
| Bank interest | 574 | 676 | ||||||
| INCOME FROM CHARITABLE | ACTIVITIES | |||||||
| 2022 | 2021 | |||||||
| Charitable | Total | |||||||
| Activities f |
activities f |
|||||||
| Sundry income | 1,969 | 239 | ||||||
| Fares | 122,271 | 48,205 | ||||||
| Membership fees |
1/20 | 490 | ||||||
| Service contracts | 170,980 | 169,179 | ||||||
| Grants | 40,011 | 37,577 | ||||||
| 336,651 | 255,690 | |||||||
| Grants received, | included | in the | above, are as follows: | |||||
| 2022f | 2021 E |
|||||||
| Department ofTransport |
4,865 | 4,443 | ||||||
| Worcester Community | Transport | Partnership | 16,198 | 14,234 | ||||
| Worcester City Council | 18,948 | 18,900 | ||||||
| 40,011 | 37,577 | |||||||
| CHARITABLE ACTIVITIES COSTS | ||||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 8) | note 9) f |
Totalsf | ||||||
| Charitable Activities |
354,420 | 5,578 | 359,998 | |||||
| DIRECT COSTS | OF CHARITABLE ACTIVITIES | |||||||
| 2022 | 2021 | |||||||
| E | E | |||||||
| Staff costs | 181,254 | 153,401 | ||||||
| Telephone | 2/07 | 2,133 | ||||||
| Postage and stationery | 1,378 | 343 | ||||||
| Publicity and promotions | 2,230 | 426 | ||||||
| Sundry expenses | 948 | 711 | ||||||
| Water rates and trade | waste | 755 | 869 | |||||
| Insurance | 1,174 | 1,058 | ||||||
| Heat and light | 4,094 | 3,109 | ||||||
| DBScosts | 1,180 | 706 | ||||||
| Depreciation | 265 | 225 | ||||||
| Office equipment | rental | and maintenance | 7,171 | 5,501 | ||||
| Subscriptions | 255 | 237 | ||||||
| Volunteer car drivers' | reimbursements | 19,440 | 6,912 | |||||
| Vehicle running costs | 79,648 | 46,891 | ||||||
| Carried forward | 302,199 | 232,522 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 5 | |||||||
| Brought forward | 302,199 | 232,522 | |||||
| Vehicle depreciation | 16,815 | 13,754 | |||||
| Volunteers' | and staff expenses | 2,756 | 880 | ||||
| Direct overhead | 4,576 | 4,485 | |||||
| Consultancy | 3,900 | 3,600 | |||||
| Rent | 15,000 | 13,125 | |||||
| Computer | 7,369 | 6,428 | |||||
| Training | 1,805 | 2,826 | |||||
| 354,420 | 277,620 | ||||||
| SUPPORT | COSTS | ||||||
| Governance | |||||||
| Finance | costs | Totals | |||||
| F | E | ||||||
| Charitable Activities |
726 | 4,852 | 5,578 | ||||
| NET INCOME/(EXPENDITURE) | |||||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 2022 | 2021 | ||||||
| 6 | 5 | ||||||
| Depreciation | -owned assets | 17,080 | 13,979 | ||||
| Independent | examiner's | fee in respect ofexternal | scrutiny | 2,310 | 2,202 | ||
| Independent | examiner's | fee in respect ofother assurance | services | 360 | 360 | ||
| Independent | examiner's | fee in respect ofother financial services | 182 | 108 | |||
| Other operating leases |
23,700 | 21,825 |
| STAFF COS | TS | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| 6 | E | ||||||
| Wages and salaries | 176,225 | 157,368 | |||||
| Social security costs | 3,511 | 4,841 | |||||
| Other pension | costs | 1,518 | 1,192 | ||||
| 181,254 | 163,401 | ||||||
| Total remuneration | paid to trustees | during | the year was 62,784 (2021 - 56,793). | ||||
| The average | monthly | number ofemployees | during the year was as follows: | ||||
| 2022 | 2021 | ||||||
| Administration | and | drivers | 23 | 22 |
| Notes to the Financial Statements -continued forthe Year Ended 31stMarch 2022 |
Notes to the Financial Statements -continued forthe Year Ended 31stMarch 2022 |
Notes to the Financial Statements -continued forthe Year Ended 31stMarch 2022 |
Notes to the Financial Statements -continued forthe Year Ended 31stMarch 2022 |
||
|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| fundf | funds E |
funds 8 |
|||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
56,720 | 11,670 | 68,390 | ||
| Charitable activities |
|||||
| Charitable Activities |
255,690 | 255,690 | |||
| Investment income |
676 | 676 | |||
| Total | 313,086 | 11,670 | 324,756 | ||
| EXPENDITURE ON | |||||
| Raising funds | 1,120 | 1,120 | |||
| Charitable activities |
|||||
| Charitable Activities |
280,333 | 1,911 | 282,244 | ||
| Total | 281,453 | 1,911 | 283,364 | ||
| NET INCOME | 31,633 | 9,759 | 41,392 | ||
| Transfem between |
funds | 27,640 | (27,640) | ||
| Net movement in funds |
59,273 | (17,881) | 41,392 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 265,306 | 28,000 | 293,306 | |
| TOTAL FUNDS CARRIED FORWARD | 324,579 | 10,119 | 334,698 |
| forthe Year E | forthe Year E | forthe Year E | nded | 31stMarch | 2022 | ||
|---|---|---|---|---|---|---|---|
| TANGIBLE FIXEDASSETS | |||||||
| Office | Motor | ||||||
| Equipment | vehicles 5 |
Totals f |
|||||
| COST | |||||||
| At 1stApril 2021 | 1,126 | 247,623 | 248,749 | ||||
| Additions | 1,078 | 1,078 | |||||
| Disposals | (9,500) | (9,500) | |||||
| At31stMamh 2022 | 2,204 | 238,123 | 240,327 | ||||
| DEPRECIATION | |||||||
| At 1stApril 2021 | 699 | 179,868 | 180,567 | ||||
| Charge foryear | 265 | 16,815 | 17,080 | ||||
| Eliminated on disposal |
(7,121) | (7,121) | |||||
| At 31st March 2022 | 189,562 | 190,526 | |||||
| NET BOOK VALUE | |||||||
| At 31st March 2022 | 1,240 | 48,561 | 49,801 | ||||
| At 31st March 2021 | 427 | 67,755 | 68,182 | ||||
| FIXEDASSETINVESTMENTS | |||||||
| Shares in |
|||||||
| group | |||||||
| undertakings | |||||||
| MARKET VALUE | |||||||
| At 1stApril 2021 and 31st | March 2022 | ||||||
| NET BOOK VALUE | |||||||
| At 31st March 2022 | |||||||
| At 31st March 2021 | |||||||
| There were no investment | assets outside the UK. | ||||||
| The company's investments |
atthe balance sheet | date | in the share capital ofcompanies | include the | following: | ||
| Worcester Volunteer Centre Limited | |||||||
| Registered office: Unit 4, Checketts Lane Industrial | Estate, Checketts | Lane, Worcester, | WR3 7JW | ||||
| Nature of business: | Dormant company | ||||||
| Class ofshare | holding | ||||||
| Ordinary 51 | 100 | ||||||
| 2022 | 2021 | ||||||
| 6 | 5 | ||||||
| Aggregate capital and reserves |
1 | 1 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| E | |||||||
| Trade debtors | 30,260 | 23,355 | |||||
| Other debtors | 49 | 100 | |||||
| Prepayments | and accrued | income | 60,608 | 16,233 | |||
| 90,917 | 39,698 | ||||||
| CREDITORS'.AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | ||||||
| 5 | E | ||||||
| Trade creditors | 21,175 | 5,768 | |||||
| Pensions | 386 | 214 | |||||
| Other creditors | 2,735 | ||||||
| Accruals | 11,715 | 5,177 | |||||
| 33,276 | 13,894 | ||||||
| LEASING AGREEMENTS | |||||||
| Minimum lease payments |
under non-cancellable | operating | leases fall due as follows: | ||||
| 2022 | 2021 | ||||||
| 5 | |||||||
| Within one year | 19,920 | 23,700 | |||||
| Between one | and five years | 4,930 | 24,070 | ||||
| 24,850 | 47,770 | ||||||
| MOVEMENT | IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| 2 | 5 | ||||||
| Unrestricted | funds | ||||||
| Unrestricted | 324,579 | 25,647 | 350,226 | ||||
| Restricted funds | |||||||
| Minibus fund |
2,080 | 1,151 | 3i231 | ||||
| PPE Fund | 8,039 | (1,735) | 6,304 | ||||
| Community Engagement |
Fund | 10,500 | 10,500 | ||||
| 10,119 | 9,916 | 20,035 | |||||
| TOTALFUNDS | 334,698 | 35,563 | 370,261 |
| Net moveme | nt | in funds, | include | d in the above |
are as follows: | |||
|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||||
| resources f |
expended | in funds E |
||||||
| Unrestricted | funds | |||||||
| Unrestdcted | 384,299 | (358,652) | 25,647 | |||||
| Restricted funds | ||||||||
| Minibus fund |
2,000 | (849) | 1,151 | |||||
| PPE Fund | (1,735) | (1,735) | ||||||
| Community | Engagement | Fund | 10,500 | 10,500 | ||||
| 12,500 | (2,584) | 9,916 | ||||||
| TOTAL FUNDS | 396,799 | (361,236) | 35,563 | |||||
| Comparatives | for movement | in funds | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.20 | in funds 6 |
fundsf | 31.3.21 f |
|||||
| Unrestricted | funds | |||||||
| Unrestricted | 265,308 | 31,633 | 27,640 | 324,579 | ||||
| Restricted funds | ||||||||
| Minibus fund |
28,000 | 1,720 | (27,640) | 2,080 | ||||
| PPE Fund | 8,039 | 8,039 | ||||||
| 28,000 | 9,759 | (27,640) | 10,119 | |||||
| TOTAL FUNDS | 293,306 | 41,392 | 334,698 |
| Comparative | net movement in funds, included |
in the above are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| 6 | 6 | |||
| Unrestricted | funds | |||
| Unrestricted | 313,086 | (281,453) | 31,633 | |
| Restricted funds | ||||
| Minibus fund |
1,720 | 1,720 | ||
| PPE Fund | 9,950 | (1,911) | 8,039 | |
| 11,670 | (1,911) | 9,759 | ||
| TOTAL FUNDS | 324,758 | (283,384) | 41,392 |