HAMMERSMITH & FULHAM VOLUNTEER CENTRE
Registered Charity No. 1062032
(Company Number: 03176924)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
Registered Charity No. 1062032
(Company Number.. 03176924)
Contents
Page
Reference and Administrative Details
Annual Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes forming part of the financial ststements
10-17

HAMMERSMITH & FUHAM VOLUNTEER CENTRE
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Charles Forsyth {Chair)
Zarar Qayyum
Stan Paschal
Mathew Thorley
Aliya Khan
Henrietta Malet
Charlotte de Crozals
Blanca Gomez Navarro
Alexandra Hallock
(Resigned May 2024)
(Died March 2024)
Company registered number
03176924
Charity registration number
1062032
Registered office
Fulham Library 598 Fulham Road, Fulham, London, England, SW6 5NX
Independent Examiner
Kevin Fisher, BA FCA CTA
Kingston Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey
7AL

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
(Registered Charity No: 10620321
(Company No: 03176924)
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their
annual report together with the Independently Examined financial statements of Hammersmith & Fulham
Volunteer Centre (the company) for the year ended 31 March 2024. The Trustees confirm that the Annual
Report and financial statements of the company comply with current statutory requirements and the
governing document.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The company is registered as a charitable company limited by guarantee, registered under a
Memorandum of Association dated 25th March 1996. It is also a registered charity, number 1062032. In
the event of the company being wound up, each member is required to contribute an amount not
exceeding £1.
b. Method of Appointment or Election of Trustees
Persons with a range of skills, experience and commitments are recruited to serve on the Board of
Trustees through several means including.. (i) advertisements in national newspapers (li) referrals from
local contscts both the voluntary and the statutory sectors (iii) volunteer recruitment undertaken by the
Volunteer Centre's Projects providing volunteer placement and development seNice (iv) recruitment of
volunteer who are users of the Volunteer Centre's services.
Those persons who are interested in getting involved in the Volunteer Centre's work are initially invited to
attend the Boards, meetings as observers and to meet with the Chair and the Chief Executive. A skills
audit is conducted and suitable applicants are interviewed by the Chief Executive and Chair or Treasurer.
Successful applicants are then invited to a Board meeting where the appointment is confirmed following a
vote of the current members.
c. Organisatlonal Structure and Decision Making
Hammersrnith & Fulham Volunteer Centre has a Board of Trustees who meet every quarter and are
responsible for the strategic direction and policy of the charity. The board delegates implementation of
policy to a Chief Executive who supervises the staff team and volunteers.
d. Related Parties
None of the trustees received remuneration or other benefit for their work with the charity- The charity has
a wholly owned subsidiary, Works 4U Limited, which focuses on employer supported volunteering
initiatives as well as consultancy and training services.
e. Risk Management
The Trustees have assessed the major risks to which the company and the group are exposed, in
particular those related to the operations and finances of the company and the group, and are satisfied
that the systems and procedures are in place to mitigate exposure to major risks and maintain solvency.
OBJECTIVES AND ACTIVITIES
Objectwes and Public Benefit
The objectives of the charity are:
- The promotion of the voluntary sector for the benefit of the public, and
- The relief of poverty
Each year the Trustees review the activities of the charity to ensure that they remain in line with the
objectives. Trustees have considered the Charity Commission's general guidance on public benefit and in
particular the supplementary public guidance on the promotion of the voluntary sector for the benefit of the
public, and the relief of povety. Trustees believe they meet the public benefit requirements.

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
(Registered Charity No: 1062032)
(Company No: 03176924)
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
IN MEMORIAM
In March 2024 trustee Alexandra Hallock sadly passed away after a year-long fight against cancer at the
age of 37. She was a wife, mom, daughter, sister, friend and colleague.
Alexandra was a dedicated and dynamic trustee for HFVC and much of her life's work centered on
helping nonprofits build the infrastructure and governance capacity required to actualise their potential in
order to achieve their social justice missions. Alexandra had over a decade of experience driving impact
through the innovation and delivery of cross-sector social good programs. In her work, she partnered with
hundreds of nonprofits, professionals in various industries, and the foundations and corporations that
support them. Alexandra also acted as a cross-sector leader, speaking and presenting on various topics
related to pro bono, capacity-building, and social impact.
Alexandra worked for the non-profit organisation Cause Strategy Partners (CSP) which, amongst other
things, matched corporate executives with charities looking for skilled and experienced trustees. She set
up CSP'S London office and we were delighted that she wanted to join HFVC as a trustee from all the
charities that she encountered in her work.
We are pleased to hear that her employer, Cause Strategy Partners, has launched the 'Alexandra Hallock
Capacity Building Grant for Small Nonprofits, which is dedicated to supporting organizations whose
purpose is to champion human rights, girls, and women's empowerment, and LGBTQ+ causes.
ACHIEVEMENTS AND PERFORMANCE
Golng Concern
After making appropriate enquires, the trustees have a reasonable expectation that the company has
adequate resources to continue in operation for the foreseeable future so they continue to adopt the going
concern basis in the preparation of financial statements. Further details regarding the adoption of the
going con￿rn basis can be found in the Accounting Policies.
Review of Activities
Fall in Volunteering
Across the UK, in cities, towns and rural areas, volunteer involving organisations of all sizes are
experiencing a drop in formal volunteering. This is a trend confirmed by NCVO'S recent annual almanac.
The cost-of-living crisis has played a key role here, but this has merely exacerbated a trend already
beginning before even the Covid-19 pandemic. There has been a signifi'cant shift in volunteer behaviour
wanting to give their time in a more fiexible way whereas most volunteer involving organisations are not
structured to offer this. This makes the role of HFVC even more important as community organisations in
the borough find it more dtfficult to find and retain volunteers to support their work.
Hammersmith & Fulham Core Volunteering Report
HFVC continues to act as the lead volunteering agency for the London Borough of Hammersmith and
Fulham with one of its key functions to match individuals wanting to volunteer with volunteering
opportunities in charities and not for profit organisations across Hammersmith and Fulham.
HFVC services adapt to the needs of the individuals and volunteer involving organisations it serves and
operates a hybrid seNice, mixing virtual and in-person support. This in-person seNice is delivered through
outreach in multiple locations across the borough.
HFVC held Volunteer Fairs and continued to support groups with volunteer recruitment and advice. It
used its website and social media to provide information and resources to Volunteer Involving
Organisations {VIOs}, and Residents. It also used phone, Zoom, Teams and Google Meets to provide
support.

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
(Registered Charity No: 1062032)
(Company No" 03176924)
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
HFVC provided on average 15-20 advice sessions weekly to individuals with the focus on helping with
volunteer role searching and applications those with extra support needs, including long-term
unemployed, low confidence, andlor poor digital literacy, disability, mentsl health, or substance misuse
issues.
The continued support of the volunteer application on behalf of clients remains a key part of the
successful process especially as many residents have limited access to internet or computersl
smartphones. HFVC works as part of a Matrix programme with the Macbeth Centre, Adult Learning, H&F
Works and the National Career service. as well as with the Shaw Trust and the Job Centres, weekly and
monthly sessions allows us to reach a wide audience. These organisations also refer clients back to us,
Outreach and satellite service
We continue to offer weekly in person interview and information sessions at the Macbeth Centre open to
residents and learners. We also used the opportunity to book phone and online interviews separately or
as follow up. Monthly sessions with groups of residents followed by one-to-ones and periodic information
sessions at the job centres and The Shaw Trust allow face to face support especially for those not
comfortable with on-line applications or confident to apply in person or by phone. We are able to refer
directly to support at the locations we operate in for example entry level Computer Training or support for
people with Low Mood or other issues.
Volunteerin
into Em
ment
Through our partnership work with ALSS, local JCPS. The Shaw Trust, H&F Works and the National
Career service we have been able to assist residents not only with volunteer placements to gain
experien￿, skills, and a reference, but also training, CV help and barrier specific support. We continue to
match residents with volunteering placements that directly complement their training and or their job
aspirations. We also refer residents to training opportunities if those are more suitable.
Su
ortforo
anisations
We provided 1-1 support to groups and advertised new opportunities for groups. Recruitment and
retention and fundraising have again been highlighted as the key issues for groups when looking to work
with volunteers. We have signposted groups to Sobus and online funding resources. Apart from the 1-1
support we signposted groups to regional and national training on safeguarding, managing community
hubs and shared spaces, GDPR and a number of other on-line resources. We provided specific support
on finding and recruiting Trustees and retaining volunteers.
Mutual Aid Plus Resources
We continue to use and share the valuable resources we built up during the Mutual Aid Plus programme
we delivered to support small local and informal groups. They have been especially of use to Friends of
and Residents, groups.
Adult Learnin
and Skills
We are part of the Adult Learning programme with ALS, SEN, H&F Works {ex Workzonel, and NCS. We
provided advice sessions to learners and contributing templates and policy documents to the programme
as well as taking part in the regular online meetings. We continue to form part of the IAG programme
accredited through Matrix and regularly meet to monitor and improve the service.
Tacklin
ital Exclusion
We are still offering phone support to prospective volunteers with low or no digital skills, to access
opportunities and services. We continue referring any residents with barriers to various Digital Inclusion
programmes that our partners offer, and we help recruit trainers for. This includes the Macbeth Centre,
The Creighton Centre, as well as the libraries and other Council supported sights. Residents still report
stwggling with lack of equipment, internet access, or resources to use mobile data.

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
(Registered Charity No.. 1062032)
(Company No: 03176924
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Libraries
Vve continue to support the Library Service in recruiting new volunteers and young ambassadors, we have
been promoting the language support and digital inclusion programmes that are operating. We are
promoting and recruiting for ESOL and other language courses and groups that a￿ hosted there. We still
recruit for a number of Home Book schemes and outdoor reading groups including the Doorstep Library.
Youn
er Volunteers
We are promoting volunteering to younger people through 6th form colleges and BPP university.
This includes overseas students studying and resident in Hammersmith and Fulham. We also support any
residents over 16 that contact us or suitable adults acting on their behalf. We recognise that many young
people have lost out on any formal opportunity to engage in work experience over the last few years sc
we are working with groups to try and maximise the number of roles available that can be accessed by
younger people especially as insurance often prohibits groups taking volunteers under 18.
Safe
uardin
We have amassed a number of policy and advice materials to support groups of all sizes that have been
operating over the last few years. This can be from lone or safe workinglvolunteering to accessing
suitable insurance cover. We advise on the proper application of DBS checks to unpaid roles and
volunteering. This along with the traditional support around safe recruitment and referral to safeguarding
teams. We adhere to the Safeguarding policies and frameworks of LBHF.
H&F Communi
Resilien￿ Alliance
HFVC has won funding from the GLA to help bring together the voluntary and community sector and H&F
Council Emergency Response Team. The application was put together in partnership with the Emergency
Response Team and we look forward to beginning work at the end of next quarter. The funding is for an
initial 6 months but we are hopefvl this will develop further.
Works4U
With the Covid-19 pandemic over, Works4U had a breakout year, implementing its new strategy and led
to a growth of its services and impact:
Groundbreaking national research - publication of the 'Monetary Value of Trustees Reporf and
the 'UK Employee Volunteering Report 2023,
Establishing and growing the National Employer Supported Volunteering Network, a peer support
ne￿ork for VCS organisations to develop skills and knowledge on delivering ESV
Producing guides for businesses such as '9 Expert Tips for Developing an Employee Volunteering
Programme,
Increase in level of employee volunteering projects across London through developing current
clients and establishing new ones.
Launch of Lead Volunteering Organisation (LVO} Quality Standard and preparing launch of
Employee Volunteering Accreditation {EVA) for businesses
In recognition of this development Works4U won the 'Best Business Support Volunteering Non-Profit
Organisation 2023 - UK, at Wealth & Finance International's Management Consulting Awards.
Community Champions
This long mnning and highly impacfful project closed at the end of September 2023. Dèlivered by HFVC it
involved 15-20 volunteer Community Champions supporting a wide range of healthy living activities for
local people. The project supported a wide range of activities to help meet the health needs of the area,
identified through the baseline survey carried out in the first year of the project. It absolutely transformed
the community spaces it delivered from which were hardly used before the project began. The community,
of all ages and backgrounds, used the space on a daily basis and the project was a real community asset.

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
(Registered Charity No: 1062032)
(Company No: 03176924)
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Partnership working and collaboration
HFVC is committed to working in partnership and collaboration with organisations and companies for the
benefit of Hammersmith & Fulham residents.
HFVC works closely in partnership with its 'sisterf organisation, Volunteer Centre Camden to deliver
successful projects and with a shared CEO and Finance Manager as well as collaboration on volunteer
infrastructure and employer supported volunteering.
We are working with and developing our partnership with infrastructure providers in the borough, Sobus
and Young Hammersmith & Fulham Foundation.
We work in collaborative partnership with Hammersmith & Fulham Council to strategically develop
volunteering across the borough.
FINANCIAL REVIEW
During the year the charity was in receipt of income of £156,834 and expenditure of £175,092 resulting in
a deficit of £18,258 for unrestricted funds and a surplus of £0 for restricted funds. More details are
provided in the financial statements.
The charity had unrestricted reserves of £78,599 at the end of year, and restricted reserves of £1,557.
The trustees consider that the levels of reserves are sufficient to meet contractual and ststutory
responsibilities for the foreseeable future. The trustees hope to be able to increase the level of reserves
but are aware of the very difficult climate that exists for charities of this size.
Approved by the Trustees on 20th De￿mber 2024 and signed on their behalf by..
Charles Forsyth - Chair
December 2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF:
HAMMERSMITH & FULHAM VOLUNTEER CENTRE
Registered Charity No. 1062032
(Company Number.. 03176924)
I report to the charity trustees on my examination of the accounts of the company for the year ended 31
March 2024 which are set out on pages 8 to 17.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordan￿ 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
compariy'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 statement
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 in any material respect..
accounting records were not kept in respect of the company as required by section 386 of the
2006 Act, or
2. the accounts do not accord with those 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).
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 understsnding of the accounts to be
reached.
Kevin Fisher, BA FCA, CTA
Kingston Burrowes, Chartered Accountants
308 Ewell Road
Surbiton
Surrey
Kr6 7AL
2024

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Total
Unrestricted
Funds
Total
Restricted
Funds
Total
Funds
2024
Total
Funds
2023
Notes
Income from:
Charitable activities
Other
101,850
31,642
23,342
125,192
31,642
160,265
33,043
Total Income
133,492
23,342
156,834
193,308
Expenditure on:
Fundraising costs
Charitable activities
5,691
146,059
5,691
169,401
5,753
187,523
23,342
Total expenditure
151,750
23,342
175,092
193,276
Net incomel(expenditure)
Transfer between funds
(18,258)
(18,258)
32
Net movement In funds
15
(18,258)
(18,258)
32
Reconciliation of funds
Fund balan￿S brought forward
15
96,857
1,557
98,414
98,382
Fund balances carried forward
15
£78,599
£1,557
£80,156
£98,414
l income and expenditure is derived from continuing activities.
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes form part of these Financial Statements.

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
BALANCE SHEET
AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible fixed assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
76,906
17,669
74,080
33,240
94,575
107,320
CREDITORS: Amounts falling due
within one year
13
14,419
8,906
NET CURRENT ASSETS
80,156
98,414
NET ASSETS
16
£80,156
£98,414
FUNDS
Unrestricted Funds
Restricted
15
15
78,599
1,557
96,857
1,557
TOTAL FUNDS
15
£80,156
£98,414
The 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 accordance with Section 476 of the companies Act 2006.
The directors acknowledge their responsibilities for=
(a) ensuring that the company keeps accounting records which comply with Section 386 and 387 of the
Companies Act 2006 and
{b> preparing financial statements which give a true and fair view of the stste of affairs of the company
as at the end of each financial year and of its profit for loss for each financial year in accordance
with the requirements of Sections 394 and 395 and which otherwise comply with the requirements
of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These financial statements have been prepared in accordan￿ with the special provisions of Part 15 of the
Companies Act 2006 relating to small companies.
Approved by the Board of Trustees on 20th December 2024 and signed on its behalf by:
Charles Forsyth
Chair

The notes form part of these Financial Statements.
HAMMERSMITH & FULHAM VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
COMPANY STATUS
Hammersmith & Fulham Volunteer Centre is a registered Charity (No.. 1062032) and a Private
Company (No.. 03176924), limited by guarantee and registered in England and Wales. In the event
of the company being wound up, the liability in respect of the guarantee is limited to £10 per member.
The registered office of the company is given in the Reference and Administrative Details on page 1.
ACCOUNTING POLICIES
Basls of preparation
The charity constitutes a public benefit entity as defined by FRS 102.
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 Stsndard applicable in the UK and Republic of Ireland (FRS
102) issued in October 2019, the Financial Repo￿ng Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally
Accepted Accounting Practice. The financial statements have been prepared on the going concern
basis and under the historical cost convention.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
Income recognltlon
Items of income are recognised in the financial statements when all of the following criteria are met..
The charity has entitlement to the funds,.
any performance conditions have been met or are fully within the control of the charity"
there is sufficient certainty that receipt of the income is considered probable., and
the amount can be measured reliably.
Expenditure recognition
Expenditure is recognised once there is a legal or constructive obligation to make payment to a third
paty, it is probable that settlement will be required and the amount can be measured reliably.
Expenditure on charitable activities includes direct costs undertaken to further the purposes of the
charity and associated support costs. Direct costs include costs of a direct nature which can be
allocated to a specific activity. Support costs include indirect costs, including governance costs that
do not relate to a specific activity but are necessary to support those activities. Support costs are
apportioned to each activity on the basis of staff time.
Fund accounting
Unrestricted general funds are those funds which are freely available for use in furtherance of the
objects of the charity and which have not been designated for specific purposes.
Designated funds are unrestricted funds which have been set aside for particular purposes.
Restricted funds are funds which can only be used in accordance with specific restrictions imposed
by the donor or which have been raised for a particular purpose.
Fixed assets and depreciation
Depreciation is provided so as to write off the cost of each asset over its estimated useful life at the
following annual rates..
Office and computer equipment
33.30/0 on cost
10

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icont'd....
ACCOUNTING POLICIES Icont'd...
Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairments are recognised in expenditure.
Operating leases
Operating lease rentals are charged to the Statement of Financial Activities on a straight line basis
over the term of the lease.
Pensions
The charity operates a defined contribution pension scheme. Contributions payable under the
scheme are charged to the Statement of Financial Activities in the year to which they relate.
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Grants and contracts
£101,850
£23,342 £125,192
£160,265
Of the £160,265 recognised in 2023, £100,686 related to unrestricted funds and £59,579 related to
restricted funds.
OTHER INCOME
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Secondment fees (Note 10)
Miscellaneous
31,200
442
31.200
442
31,200
1,843
£31,642
£Nil
£31,642
£33,043
All of the £33,043 recognised in 2023 is related to unrestricted funds.
FUNDRAISING COSTS
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
staff costs
£5,691
£Nil
£5,691
£5,753
All Fundraising Costs are support costs.
11

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icont'd....
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Direct
costs
Support
costs
Total
2024
Total
2023
Direct project costs-
Freelance
Meetings & Conferences
Insurance
Membership & Subscriptions
Publicity
Mobile Phone, Travel &
Subsistence
Volunteers Events
Room Hire
Staff costs (Note 10)
Office costs
Premises costs
Legal and professional
Other expenditure
Governance (Note 7)
875
75
1,234
71
59
875
75
1,234
71
59
3,255
1,061
35
37
30
400
30
400
170
1,927
150
166,380
10,148
2,298
13
49
2,000
50,139
104,946
7,166
2,393
13
155,085
7,166
2,393
13
2,000
2,000
£52,883
£116,518
£169,401
£187,523
Of the £169,401 (2023 £187,523) expenditure recognised in 2024, £146,059 (2023 £126,799) was
charged to unrestricted funds and £23,34212023 . £80,724) to restricted funds.
GOVERNANCE COSTS
2024
2023
Independent examiner's fees
£2,000
£2,000
NET INCOMEI(EXPENDITURE>
Net incomel{expenditure) for the year is stated
after charging..
2024
2023
Operating lease rentals
£2,920
£2,712
TRUSTEES, REMUNERATION AND EXPENSES
The Trustees neither received nor waived any remuneration during the year (2023: £Nil>.
During the year no Trustee received any reimbursement of expenses (2023.. £Nil).
Total amount of donations without conditions received during the year from the trustees was £Nil
(2023 . £450).
12

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icont'd....
10.
STAFF COSTS
2024
2023
Salaries
Social security costs
Pension costs
Redundancy costs
140,511
7,612
5,933
6.720
156,032
9,852
6,249
£160,776
£172,133
The average monthly number of employees during the year was as follows:
2024
2023
Charitable Activities
Management and Administration
No employee received total employee benefits (excluding employer pension costs) amounting to
more than £60,000 in either year.
The totsl amount of employee benefits received by key management personnel was £56,908 (2023 '.
£57,535). Out of the £56,908 (2023 £57,535), £31,200 (2023 £31.200) was recharged to
Volunteer Centre Camden and £5.691 (2023 £5,753) was recharged to Works 4U Limited.
Therefore, the actual costs to this charitable company was £20,017 (2023 . £20,582).
Under FRS 102, employee benefits include gross salary, benefits in kind, employerfs national
insurance and employer's pension costs.
11. TANGIBLE FIXED ASSETS
offi￿ and
Computer
Equipment
Cost:
At 1 April 2023 and 31 March 2024
7,000
Depreciation:
At 1 April 2023 and 31 March 2024
7,000
Net book value:
At 1 April 2023 and 31 March 2024
£Nil
13

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
12.
DEBTORS
2024
2023
Trade debtors
Amounts owed by group undertakings (note 16)
Prepayments
275
74,389
2,242
288
72,082
1,710
£76,906
£74,080
13.
CREDITORS- amounts falling due within one year
2024
2023
Trade creditors
Other taxation and social security
Other creditors
Accruals
Deferred income
42
3,397
352
4,058
516
3,980
5,980
5,000
£14,419
£8,906
Deferred Income analysis
As at 1 April 2023
Additions during the year
Amounts released to income
5,000
As at 31 March 2024
£5,000
Deferred income relates to funds received during the year for a project not commencing until next
year.
14.
OPERATING LEASE COMMITMENTS
Total future minimum lease payments under non-cancellable operating leases are as follows..
2024
2023
Due within
One year
Between one and five years
946
1,062
456
£946
£1,518
14

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
15.
STATEMENT OF FUNDS
1 April
2023
31 March
2024
2024
Income
Expenditure
Transfers
Designated Funds
Contingency reserve fund
11,000
11,000
General Funds
85,857
133,492
151,750
67,599
Total Unrestricted Funds
96,857
133,492
151,750
78,599
Restricted Funds
Community Champions
D R Edwards & Bishop King's
Fulham
23,342
23,342
1,557
1,557
Total Restricted Funds
1,557
23,342
23,342
1,557
Total Funds
£98,414
£156,834
£175,092
£Nil
£80,156
Comparative information for the previous year is as follows:
1 April
2022
31 March
2023
2023
Income
Expenditure
Transfers
Designated Funds
Contingency reserve fund
11,000
11,000
General Funds
84,680
133,729
(132,552)
85,857
Total Unrestricted Funds
95,680
133,729
(132,552)
96,857
Restricted Funds
Community Champions
D R Edwards & Bishop King's
Fulham
RETURN
Mutual Aid in London
London Plus
44,579
(44,579)
1,557
1,557
15,000
<15,000)
(1,145)
1,145
Total Restricted Funds
2,702
59,579
(60,724)
1,557
Total Funds
£98,382
£193,308
£(193,276)
£Nil
£98,414
15

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
INCOME AND EXPENDITURE ACCOUNT
FOR THEYEAR ENDED 31 MARCH 2024
15.
STATEMENT OF FUNDS (continued)
DESIGNATED FUNDS
Contingency reseNe fund
The Trustees have established a strategy whereby the Contingency reserve fund is maintained at a
level which would cover approximately three to six months of core expenditure. This would provide
sufficient funds to enable the volunteer centre to meet its ongoing commitments.
RESTRICTED FUNDS
The Community Champions project involves volunteers to promote health and wellbeing in the
Bayonne and Field Road estates of Hammersmith & Fulham. This 5-year programme funded by
Hammersmith & Fulham Council and Hammersmith & Fulham Clinical Commissioning Group aims to
improve key health issues in this deprived area utilising volunteer community champions.
D R Edwards & Bishop King's Fulham
This funding supported health and wellbeing in the area of benefit supported by Dr Edwards & Bishop
King and delivered through the Community Champions programme.
London Plus
This funding achieved by London Plus from the Greater London Authority was for the purpose of
purchasing laptops for staff working remotely.
RETURN
A volunteering into employment programme, part of the ESF funded EQUIP programme.
Mutual Aid in London
A short programme of engagement and support of Mutual Aid Groups in London.
16.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
Current assets
Current liabilities
93,018
(14,419)
1,557
94,575
(14.419)
£78,599
£1,557
£80,156
Comparative information for the previous year is as follows:
2023
Unrestricted
Funds
Restricted
Funds
Total
Funds
Current assets
Current liabilities
105,763
(8,906)
1,557
107,320
(8,906)
£96,857
£1,557
£98,414
16

HAMMERSMITH & FULHAM VOLUNTEER CENTRE
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
17.
RELATED PARTY TRANSACTIONS
The charity controls 100 % of the voting rights of its subsidiary company Works 4U Limited (a
company limited by guarantee). During the year the charity entered into the following transactions
with Works 4U Limited..
2024
2023
Debtor as at 1 April
Net recharges of incomel{expenditure}
72,082
2,307
53,061
19,021
Debtor as at 31 March
£74,389
£72,082
17