|||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|
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|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||||
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||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|
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|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|
##
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|||||||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|
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|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|
##
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|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|
##
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|||||||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|
##
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|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|
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