|PRESIDENT:||The Mayor of Burnley|The Mayor of Burnley|||||
|---|---|---|---|---|---|---|---|
|EXECUTIVE COMMITTEE||Mrs. S.Biggs||Chairman||||
|MEMBERS|-TRUSTEES:|Mrs. M. Lishman||Vice|Chair|||
|||Mrs. S.Hughes||||||
|||Dr. W. Park||||||
|||Mr. H. Eccles||||||
|||Mrs. B.Ashworth||||||
|||Ms. L.Pate||||||
|||Mr. F.Wren||(resigned||1stOctober, 2020)||
|||Mr. P. Kenyon||||||
|||Mrs. J.Oakes||||||
|||Mr. W. Blackbum||(resigned||15th June, 2021)||
|||Mrs N. Zaman||||||
|||Mr H. Thomas||||||
|||Dr.J.Taylor||||||
||-REPRESENTATIVES:|Local councils and Lancashire|||County
Council can provide representatives||who|
|||are allowed to attend||meetings|but|have no voting rights.||
|CHIEF OFFICER:||Mrs. C. Blythe||||||
|REGISTERED|OFFICE|The CVS Centre||||||
|AND PRINCIPLE ADDRESS;||62-64 Yorkshire|Street|||||
|||Bumley||||||
|||Lancashire||||||
|||BB113BT||||||
|AUDITORS:||Ashworth
Moulds||||||
|||11,Nicholas Street||||||
|||Bumley||||||
|||Lancashire||||||
|||BB112AL||||||
|SOLICITORS:||Southems||||||
|||Lodge House||||||
|||2nd Floor||||||
|||Cow Lane||||||
|||Burnley||||||
|||Lancashire||||||
|||BB111NN||||||
|BANKERS:||Virgin Money||||||
|||25, Manchester|Road|||||
|||Bumley||||||
|||Lancashire||||||
|||BB111HX||||||
|REGISTERED|COMPANY NUMBER:|3328219||||||
|REGISTERED|CHARITY NUMBER:|1062446||||||
|||PAGE|
|---|---|---|
|CHAIRMAN'S|REPORT|1-2|
|REPORT OF|THE EXECUTIVE COMMITTEE|3-11|
|MEMBERS|AND TRUSTEES||
|AUDITORS' REPORT||12-15|
|STATEMENT|OF FINANCIAL ACTIVITIES|16|
|BALANCE SHEET||17|
|STATEMENT|OF CASH FLOWS|18|
|NOTES TO THE ACCOUNTS||19-42|
|The following|pages do not form part ofthe Statutory Accounts:-||
|APPENDIX||43|
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|||||Year|||Year|
|---|---|---|---|---|---|---|---|
|||||ended|||ended|
|||||31.03.21|||31.03.20|
||Notes|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||Funds
f|Funds
6|Funds
K|Funds
K|Funds
6|Funds
6|
|INCOME AND ENDOWMENTS
FROM:-||||||||
|Donations
and Legacies||5,056|7,710|12,766|8,648|3,304|11,952|
|Charitable
Activities|4-5|391,226|1,544,922|1,936,148|198,945|824,033|1,022,978|
|Investment
Income||4,428|1,917|6,345|4,873|1,879|6,752|
|TOTAL INCOME AND ENDOWMENTS||400,710|1,554,549|1,955,259|212,466|829,216|1,041,682|
|EXPENDITURE ON:|7-8|||||||
|Charitable
Activities||217,144|1,420,736|1,637,880|284,246|829,400|1,113,646|
|TOTAL EXPENDITURE||217,144|1,420,736|1,637,880|284,246|829,400|1,113,646|
|Net Gains/(Losses)
on Investments|12||11,196|11,196||(1,772)|(1,772)|
|NET EXPENDITURE||183,566|145,009|328,575|(71,780)|(1,956)|(73,736)|
|Transfers between Funds|23|(1,469)|1,469|-|(20,861)|20,861||
|NET INCOME I(EXPENDITURE) BEFORE||182,097|146,478|328,575|(92,641)|18,905|(73,736)|
|OTHER RECOGNISED GAINS AND LOSSES||||||||
|NET MOVEMENT
IN FUNDS FOR THE YEAR||182,097|146,478|328,575|(92,641)|18,905|(73,736)|
|Reconciliation
ofFunds||||||||
|Total Funds Brought Forward at 01.04.20||484,311|570,831|1,055,142|576,952|551,926|1,128,878|
|TOTAL FUNDS CARRIED FORWARD|23|666,408|717,309|1,383,717|484,311|570,831|1,055,142|
|AT 31.03.21||||||||
##
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||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Note||E|6|
||Cash Flows from Operating|Activities:|||||||||
||Net Cash Provided By/(Used||In) Operating|||Activities|1||153,225|61,285)|
||Cash Flows from Investing|Activities|||||||||
||Interest from Investments||||||||6,345|6,752|
||Net Cash Provided
By / (Used||In) Investing|||Activities|||6,345|6,752|
||Change
in Cash and Cash|Equivalents||in|the Year||||159,570|(54,533)|
||Cash and Cash Equivalents|at the Beginning||||ofthe Year|||591,472|646,005|
||Cash and Cash Equivalents|at|the End ofYear||||2|E|751,042|591,472|
||||||||||2021|2020|
|1|Reconciliation
of Net Income/(Expenditure)|||||to Net Cash|Flow||E||
||from Operating
Activities||||||||||
||Net Income/(Expenditure)
for the||Reporting||Period (as per||||||
||the Statement
of Financial
Activities)||||||||328,575|(73,736)|
||Adjustments
for:||||||||||
||Depreciation
Charges||||||||20,248|18,398|
||Investment
Income||||||||(6,345)|(6,752)|
||Profit on Investments||||||||(11,196)|1,772|
||Purchase of Fixed Assets||||||||(14,436)|(14,152)|
||(Increase)/ Decrease
in Debtors||||||||(137,730)|(43,719)|
||(Decrease)
/ Increase
in Creditors||||||||(25,891)|56,904|
||Net Cash Provided
By/ (Used In)||Operating||Activities||||153,225|~53,255|
||||||||||2021|2020|
|2|Analysis ofCash and Cash|Equivalents|||||||K|6|
||Cash
in Hand||||||||418,720|264,251|
||Notice Deposits (less than 3months)||||||||332,322|327,221|
||||||||||751,042|591,472|
|3|Analysis ofChanges
in Net|Funds|||||||||
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||||||||Gannow||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Community|Community|Year|Year|
||||||||Centre and|Capacity|ended|ended|
||||Basis of|Core|Carers|Volun-|The CVS|Bdg, Dev &|31.03.21|31.03.20|
||||Allocation|Activities|Service|teering|Centre|Empowerment|Total|Total|
|Costs Directly Allocated|||||||||||
|to Activities|||||||||||
|Staff Costs (including|Pension Costs)||Direct|360,188|47,238|42,443|84,378|37,189|571,436|449,909|
|Travel and Other Expenses - Staff|||Direct|4.318|1,798||87|135|6,338|10,165|
|Travel and Other Expenses - Volunteers|||Direct|15,686||3,256|220|798|19,960|27,468|
|Grant Funding (see note 8)|||Direct|393,659||||198,493|592,152|203,784|
|Direct Expenditure
for|Community|Projects|Direct|13,975|1,718||2,615|5,328|23,636|111,052|
|Premises Costs|||Direct||||21,008||21,008|25,094|
|Respile Costs|||Direct||370||||370|5,805|
|Fundraising
and Publicity|||Direct|||||||1,253|
|Other Expenses|||Direcl|37|||12||63|398|
|Legal and Professional|Fees||Direct||||||||
|Audit Fees -
Statutory|||Direct|4,107|564|480|1,543|873|7,367|7,537|
|Support Costs Allocated|||||||||||
|to Activities|||||||||||
|Premises Costs|||Floor Area|30,014|4,303|4,906|13,528|31,754|84,505|58,972|
|General Office and Finance Staff|||Staff Time|86,039|1,324|1,382|9,338|25,481|123,564|89.165|
|Training Costs|||Usage|457|299|577|148|3,710|5,191|15,703|
|Project Administration|Fees||Usage|85,930|5,300|1,400|5,400|27,188|125,218|51,194|
|Communications|||Usage|11,482|862|1,342|3,340|3,732|20,758|23,894|
|Advertising,
Fees &Subs|||Usage|5,326|829|438|1,843|424|8,860|9,055|
|Depreciation|||Usage|5,955|185||13,735|368|20,248|18,398|
|Other Expenses|||Usage|107|10||2,124|2419|4,660|2,289|
|Accountancy|||Staff Time|1,333|224|250|515|224|2,546|2,511|
|||||1,018,613|85,030|56.483|159,834|337,920|1,637,880|1,113,646|
##
##
||||||Grants to|Grants to|
|---|---|---|---|---|---|---|
|ANALYSIS OF GRANT FUNDING|||||Institutions|Individuals|
|Core Activities|||||176,340|217,319|
|Building Development
and Empowerment|||||198,493||
||||||374,8336|217,319|
|Grant Funding to Institutions:|||||||
|Large grants to institutions;|||||||
|Prescription
for Wellbeing|Pendle Leisure Ltd||grant||30,000||
|Big Local|Burnley|Leisure Youth Engagement|||40,000||
||New Era grant for babies and toddlers||||28,199||
|Population
Health
Mangement|Pennine|Lancashire|Community|Farm|18,973||
|Small grants to institutions|||||257,661||
||||||374,833||
##
##
|||||Freehold|Freehold|||Fixtures,|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||TANGIBLE FIXEDASSETS|||Land &||||Fittings &||Motor|||
|||||Buildings||||Equipment||Vehicle||Total|
||Cost||||||||||||
||At 1stApril, 2020|||528,155||||155,040||2,000||685,195|
||Additions|||||||14,436||||14,436|
||At 31st March, 2021||f|528,155|||6|169,476|E|2,000|8|699,631|
||Depreciation||||||||||||
||At 1stApril, 2020|||164,531||||125,661||875||291,067|
||Charge for the Year||||10,563|||9,185||500||20,248|
||At 31st March, 2021||E|175,094|||f|134,846|E|1,375|6|311,315|
||Net Book Value||||||||||||
||At 31st March, 2021|||353,061|||6|34,630|E|625|E|388316|
||At 31st March, 2020|||363,624|||6|29,379|E|1,125|F|394,128|
|||||||||||Year||Year|
|||||||||||ended||ended|
|12|INVESTMENTS|||||||||31.03.21||31.03.20|
||3,647 Income Units held|in COIF charity|||fund for the||||||||
||League ofSocial Services||Distress|Fund at market|||||||||
||valuation|||||||||65,377||54,181|
||Less: Market Valuation|Brought Forward||||||||54,181||55,953|
||Unrealised
Gain/(Loss)|for the Year||(as|shown|in the|||||||
||Statement of Financial|Activities)||||||||11,196|6|(1,772)|
|13|DEBTORS AND PREPAYMENTS||||||||||||
||Trade Debtors|||||||||186,418||40,199|
||Accrued Income|||||||||75,416||76,275|
||Monies owed to Distress|Relief Fund||by|Council|for|||||||
||Voluntary
Service General||Fund|||||||4,869||5,603|
||Other Debtors|||||||||8,962||15,858|
||||||||||6|275,665|6|137,935|
##
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##
|Balance|as at 1st|April, 2020|||101,865|
|---|---|---|---|---|---|
|Amount|Released|to Income from Charitable|Activities||(101,865)|
|Amount|Deferred|in Year|||60,535|
|Balance|as at 31st March, 2021|||f|60,535|
##
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##
|Year ended 31stMarch, 2021|Year ended 31stMarch, 2021|Unrestricted||Restricted|Total|
|---|---|---|---|---|---|
|Tangible|Fixed Assets|14,240||374,076|388,316|
|Investments||||65,377|65,377|
|Current|Assets|675,349||351,358|1,026,707|
|Current|Liabilities|(23,181)||(73,502)|(96,683)|
|||666,408|F|717,309|6 1,383,717|
|Year ended 31st March, 2020||Unrestricted||Restricted|Total|
|Tangible|Fixed Assets|11,109||383,019|394,128|
|Investments||||54,181|54,181|
|Current|Assets|488,963||240,444|729,407|
|Current|Liabilities|(15,761)||(106,813)|(122,574)|
|||484,311|2|570,831|E 1,055,142|
##
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|||||||Income|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||including|||||
|||||||gains and||||At|
||||||31.03.19|losses|Expenditure|Transfers|Notes|31.03.20|
|Unrestricted
Funds|||||||||||
|General||||||134,855|(201,766)||||
|Gateway
Vol/Training|Engagement||||||(600)||||
|Communicars||||||56,669|(59,522)||||
|Rossendale
Communicars|||||||18||||
|ESIFProject||||||17,442|(20,410)||||
|Young Carers||||||3,500|(1,966)||||
|Total Unrestricted
Funds||||6|576,952|212,466|(284,246|20.861|1|484.311|
|Restricted Funds|||||||||||
|Distress Relief|||||70,579|1,879|(6,453)|||66,005|
|Prescription
for Wellbeing|||||97,008|329,668|(345,071)|||81,605|
|COVID19 Emergency|Response|||||3,000|(191)|||2,809|
|Social Prescribing
Link Worker||||||45,649|(35,443)|||10,206|
|Young Carers - Respite|||||7,706|1,495|(1,595)|||7,606|
|Young Carers Activity|Project||||(6,364)|1,470|(11,790)|||(16,684)|
|Mental
Health Young|Carers||||(6,854)|48,901|(41,931)|||116|
|Looked After Children|||||2,138|9,879|(5,709)|||6,308|
|Young Carers Ait and|Wellbeing||||2,950||(1,635)|||1,315|
|Youth Empowerment|Project||||1,147|3,846|(3,107)|||1,886|
|Young Carers Female|Empowerment|||||2,500|(1,510)|||990|
|The CVS Centre - Running|||||(59,308)|74,095|(77,186)|||(62,399)|
|CVS Gannow
Community||Centre-|||67,402|91,311|(74,046)|||84,667|
|Running|||||||||||
|The CVS Centre - Building|||||225,285||(7,563)|||217,722|
|CVS Gannow
Community||Centre-|||143,000||(3,000)|||140,000|
|Building|||||||||||
|Fixtures,
Fittings and Equipment|||||708|||||708|
|Fair Share Trust|||||21||(18)|||3|
|Big Local|||||(25,907)|150,693|(165,467)|||(40,681)|
|Big Lottery Fund and ESF||Building|||(16,541)|2,819|(7,853)|21,575|1||
|Better Opportunities|Grant||||||||||
|ESOL Project|||||36,713|42,011|(32,815)|||45,909|
|Eric Wright Small Grants Scheme|||||7,782|20,000|(8,575)|||19,207|
|Takepart
Pathfinder|||||565|||||565|
|Volunteerinq
ONE
I ance|||||186|||(186)|1||
|Building Better Opportunities|||Project||582||(54)|(528)|1||
|ELCCG Funded Social Prescribing|||||3,128||(160)|||2,968|
|Total Restricted
Funds|||||551,926|829,216|(831,172)|20,861||570,831|
|Total Funds|||||1,128,878|1,041,682|(1,115,418)|||1,055,142|
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|25 CONTINGENT|LIABILITY (CONTINUED)|LIABILITY (CONTINUED)|LIABILITY (CONTINUED)|LIABILITY (CONTINUED)||||
|---|---|---|---|---|---|---|---|
|PRESENT VALUES OF PROVISION||||||||
||||||31 March 2021|31 March 2020|31 March 2019|
||||||(fs)|(Es)|(Es)|
|Present value ofprovision|||||8,620|10,213|12,390|
|RECONCILIATION|OF OPENING|AND CLOSING PROVISIONS||||||
|||||||Period Ending|Period Ending|
|||||||31 March 2021|31 March 2020|
|||||||(Es)|(Es)|
|Provision at start ofperiod||||||10,213|12,390|
|Unwinding
ofthe discount factor||(interest|expense)|||230|156|
|Deficit contribution|paid|||||(2,118)|(2,056)|
|Remeasurements|- impact of any change||in|assumptions||(295)|(277)|
|Remeasurements|-amendments|to the contribution|||schedule|||
|Provision at end of period||||||8,620|10,213|
|INCOME AND EXPENDITURE IMPACT||||||||
|||||||Period Ending|Period Ending|
|||||||31 March 2021|31 March 2020|
|||||||(Es)|(fs)|
|Interest expense||||||||
|Remeasurements|—impact ofany change||in|assumptions||||
|Remeasurements|—amendments|to the contribution|||schedule|||
|Contributions
paid|in respect offuture service*|||||||
|Costs recognised|in income and expenditure|||account||2,118|2,056|
|||31 March 2021|31 March 2020|31 March 2019|
|---|---|---|---|---|
|||% per annum|% per annum|% per annum|
|Rate|ofdiscount|0.66|12.53|1.39|
##
##
##
|Year|ending|31|March|2021
(Es)|31|March|2020
(Ks)|31|March|2019
(E )|
|---|---|---|---|---|---|---|---|---|---|---|
|Year|1|||2,181|||2,118|||2,056|
|Year|2|||2,247|||2,181|||2,118|
|Year|3|||2,314|||2,247|||2,181|
|Year|4|||1,986|||2,314|||2,247|
|Year|5||||||1,986|||2,314|
|Year|6|||||||||1,986|
|Year|7||||||||||
|Year|8||||||||||
|Year|9||||||||||
|Year|10||||||||||
|Year|11||||||||||
|Year|12||||||||||
|Year|13||||||||||
|Year|14||||||||||
|Year|15||||||||||
|Year|16||||||||||
|Year|17||||||||||
|Year|18||||||||||
|Year|19||||||||||
|Year|20||||||||||
##
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