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2023-03-31-accounts

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

Registered number: 3328219 Charity number: 1062446

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

(A company limited by guarantee)

AUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

CONTENTS
Page
Reference and administrative details of the charity, its trustees and advisers 1
Trustees' report 2 - 10
Independent auditors' report 11 - 14
Statement of financial activities 15
Balance sheet 16
Statement of cash flows 17
Notes to the financial statements 18 - 37

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023

Trustees

Mrs S Biggs, Chairman Mrs M Lishman, Vice Chair Mrs S Hughes Dr W Park (resigned 24 January 2023) Mr H Eccles Mrs B Ashworth Mr P Kenyon Mrs J Oakes Mrs N Zaman Dr J Taylor (resigned 24 January 2023) Ms S Iftikhar Ms B Marshall Mr H Thomas Ms S Shuttleworth (appointed 24 January 2023) Ms B Foster (appointed 24 January 2023)

Company registered number

3328219

Charity registered number

1062446

Registered office

62 - 64 Yorkshire Street, Burnley, Lancashire, BB11 2AL

Chief executive officer

Mrs C Blythe

Independent auditors

Smith and Goulding Ltd, 2 Southport Road, Chorley, PR7 1LB

Bankers

Virgin Money, 25 Manchester Road, Burnley, Lancashire, BB11 1HX

Solicitors

Southerns, Lodge House, 2nd Floor, Cow Lane, Burnley, Lancashire, BB11 1NN

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DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2023

The Trustees present their annual report together with the audited financial statements of the company for the 1 April 2022 to 31 March 2023. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), 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) as amended by Update Bulletin 1 (effective 1 January 2019).

Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

Objectives and Activities

a. CHAIRMAN'S REPORT

The past 12 months has continued to be a year of confusion and uncertainty. The impact of the covid 19 pandemic is still being felt with the additional concerns and issues with the soaring cost of living creating an additional layer of distress for many.

However, the organisation (thanks to an amazing staff team and brilliant volunteers) continued to be motivated in their roles of helping others. They continue to respond swiftly and effectively in response to the increasing demand. We are witnessing this pattern of increased demand and reduced funding affecting capacity across the sector.

Our own staff and volunteers have also needed time to recharge their batteries after several challenging years.

Since 2020 we have seen the need to work differently whilst responding and supporting so many people and we have continued to adjust and adapt as needed.

There is more information in our Annual Impact Report about exactly what was done and how during the year. The established relationships and partnerships stood us in good stead and we have continued to expand our partnerships responding to new issues and helping to find immediate solutions.

Trustees played an active role in supporting our Chief Officer, her senior team the staff and volunteers throughout.

Everyone plays a crucial part in ensuring BPRCVS can continue the work it began in 1935. Our mission has never changed and we continue to look for opportunities that helps people to help others. The voluntary, community and faith sector in all its many guises and at all levels from the national to the small volunteer led local group play a vital part in supporting others. On a daily basis we see and hear stories that make us proud to be involved and play our part in enabling others to do what they do so brilliantly well.

As in recent years the Trustees’ Report provides a great deal of information regarding the Charity’s operation in the year under review and to offer thoughts on future activities. CVS staff and our accountants and auditor have again assisted a great deal to ensure that the presentation of the financial details comply with relevant accounting requirements. These reflect a true state of the affairs of the charity and enable comparison with previous year’s figures.

During the year we met all the usual conditions and criteria from our service level and grant Agreements and increased requirements for monitoring. It is pleasing to note that once again all our funders and partners have been content with the information that we provided when they formally reviewed this in discussions with us. They were accepting of the challenges we faced in balancing essential delivery against reporting deadlines.

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

In the year under review we have continued to consider staffing as a result of the funding in place. As mentioned earlier trustees have committed to using some reserves – in line with our policies – to ensure that we have staff in place to deliver projects. This was even more important as the organisation continued to respond to ever increasing demand. However, the trustees are mindful of the fact that we cannot always have reserves available and ensuring funding to support our activities is crucial.

I would like to conclude this report by extending thanks to a number of people and organisations. No business is effective without a leader and we have a Chief Officer who is prepared to deal with the challenges that inevitably occur. Christine has been ably supported by her senior team.

My thanks also go to the following organisations who have supported us during the year. Our accountants CW Accounting, our auditors Smith and Goulding, our solicitors Southerns and our key funders and partners, Burnley Borough Council, Pendle Borough Council and Rossendale Borough Council, Lancashire County Council. I also thank The Lancashire and South Cumbria integrated care board, the Primary Care Networks, Public Health, Lancashire and South Cumbria Foundation Trust, National Academy for Social Prescribing, Lancashire Association of CVS, Little Green Bus (consortium lead for Lancashire Community Transport) Big Lottery –Reaching Communities, Local trust and Gannow Big Local, BBC Children in Need, Eric Wright Trust, Community CVS. We have lots of funders and receive donations from many other organisations and individuals to provide resource for our programmes of work. My thanks go to each and every one of them. Without their support and belief in our organisation to support others it would not be possible for us to do everything that we do.

Support has also come from many other organisations with donations to our Children and Young People department, Communicars and to our food share operating from Gannow. This additional funding provides these projects with the “extras” which make all the difference to people’s lives.

Finally, I extend my appreciation to everyone involved with BPRCVS, in particular staff and Volunteers and my fellow trustees.

Susan J Biggs.

b. OBJECTIVES AND ACTIVITIES OF THE CHARITY

The Charity's objects and its principal activities continue to be the promotion of any charitable purpose for the benefit of the community in Lancashire; to promote, co-ordinate, support and develop community activities and to unite citizens of all classes, both men and women, irrespective of political or religious opinion, in the promotion of health and social welfare.

The Charity is a Local Support and Development Organisation which exists to develop, support and promote voluntary action and charitable activity. This activity can be summarised in six key statements:

i)We provide a range of support services to groups such as training, information, advice, payroll and office functions including access to sources of funding and constitutional advice;

ii)We, through contact with individuals and groups, identify gaps in the provision of services and develop initiatives to meet those needs;

(iii) We bring together voluntary, community and faith organisations to discuss issues of common concern. This helps avoid duplication of effort and helps to ensure that groups work together; We help to disseminate information about statutory service provision and development;

(v) We represent the views of the voluntary sector on many statutory led committees;

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

In addition, the charity delivers direct services to the community.

In setting and reviewing our objectives and planning our activities, the Trustees have given careful consideration to the Charity Commission's General Guidance on public benefit. Our work is designed

Achievements and performance

a. REVIEW OF ACTIVITIES

During the financial year there remained a state of uncertainty as Covid restrictions eased. Many tenant groups came back into our buildings and we saw the welcome return of organisations wishing to rent our rooms for activities and events.

We responded to ever increasing demands and needs for our services from VCF organisations and people affected by the changing environment and the impact of the rising cost of living.

We are grateful for the support we received in return from our stakeholders and funders including local councils and health services which enabled us to act quickly and proactively to help those most in need. This was not without its challenges and the successful delivery is testament to the dedication and commitment of everyone involved.

The kitchen area at Yorkshire St was refurbished and provides a more welcoming area. July saw us take delivery of a new minibus.

External accreditation of our Volunteer Centre was received.

The year’s key objectives and the impact of our achievements are summarised below. There is more information in our Annual Impact Report.

• The CEO and operations manager attended over 600 strategic /external meetings in order to build and develop relationships and partnerships.

3000 people (again a big increase from the previous year). This equated to over 14500 hours of support

• 111 groups received a total of £609254.45 funding awarded through funding facilitated by BPRCVS; Funders included Gannow Big Local, ICB (integrated care board) Eric Wright and Population Health management.

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DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

The work with Gannow Big Local as the LTO (locally trusted organisation) has continued.

• Our Volunteer Transport scheme has provided almost 6500 journeys this year & registered 170 new passengers as people started to go out more again. Some drivers continued to support the Covid Virtual Ward and deliver oximeters. The mini bus enabled 22 VCF organisations and projects to complete 56 journeys

• Our children and young people department developed and adopted a social prescribing approach . They supported 227 young people (a huge increase) and their families with one-to-one support.

Our services and support are available to members and non-members alike although some require fully paid-up membership.

No Trustee has received any private benefit from the charity.

b. INVESTMENT POLICY AND PERFORMANCE

Under the Articles of Association, CVS has the power to make any investment which the Executive Committee Members see fit. The Committee has considered the most appropriate policy for investing funds and has found that specialised unit trusts, designed for the charity sector, meet their requirements ethically and on a long term view to generate both income and capital growth.

The Executive Committee consider the return on investment to be satisfactory given the difficult current economic market. The rate of interest achieved on bank deposits ranged from approximately 0.75% to 1.65% which is poor but the best that can be obtained given the current market rates. The charity will continue to actively look to achieve the best possible return on its investments.

Financial review

a. GOING CONCERN

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b. PRINCIPAL RISKS AND UNCERTAINTIES

The trustees have a risk management strategy which comprises:

-an annual review of the principal risks and uncertainties that the charity faces; the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise. This work has identified that financial sustainability is the major financial risk for the charity. A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due, regular liaison with the bank, and active management of trade debtors and creditors balances to ensure sufficient working capital by the charity.

Attention has also been focused on non-financial risks arising from fire, health and safety of staff, volunteers and the public. These risks are managed by ensuring relevant accreditation is up to date, having robust policies and procedures in place, and regular awareness training for staff.

Significant Events

Burnley Pendle & Rossendale Council for Voluntary Service adopted and approved a business continuity plan

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

which is reviewed and amended on an annual basis.

The purpose of this business continuity plan is to prepare Burnley, Pendle & Rossendale Council for Voluntary Service in the event of extended service outages caused by factors beyond our control (e.g., natural disasters, man-made events), and to restore services to the widest extent possible in a minimum time frame. All Burnley, Pendle & Rossendale Council for Voluntary Service sites are expected to implement preventive measures whenever possible to minimize operational disruptions and to recover as rapidly as possible when an incident occurs.

The plan identifies vulnerabilities and recommends necessary measures to prevent extended communications service outages. It is a plan that encompasses all Burnley, Pendle & Rossendale Council for Voluntary Service outreach sites and operations facilities.

This plan enabled CVS to react quickly, effectively and efficiently over the 12-month period of this report as the rise in the cost of living crisis impacted on people and the sector as a whole whilst many were still being affected by the COVID pandemic.

The plan will be reviewed following the AGM and updated with learning.

c. RESERVES POLICY

The Executive Committee have established a policy whereby the unrestricted funds not committed or invested in fixed assets ("the free reserves") held by CVS should be approximately six months of total income. At this level, the Executive Committee feels that they would be able to continue the current activities of CVS in the event of a short-term unexpected drop in funding. It would obviously be necessary to consider how the funding would be replaced or activities changed were this to happen.

The Trustees have considered the need for the Charity to sustain a level of reserves commensurate with its needs. In doing so, the Trustees have reflected that: -

The Trustees recognise that the charity is now at that state and will continue to monitor both the level and impact. The trustees are investing the free reserves to support the charity's activities.

d. SURPLUS/ DEFICIT

The Statement of Financial Activities shows net deficit for the year of £210,075 and our reserves stand at £1,326,454 in total, as shown on the balance sheet. The net deficit for the year of £210,075 is made up of a deficit of £75,322 on unrestricted funds and a deficit of £134,753 on restricted funds.

When referring to the statement of funds note this year, you can see a movement between unrestricted and restricted funds. There has been a review of the restricted funds and what is actually classified as this and as such some should have been shown as unrestricted funds previously.

e. GRANT MAKING POLICY

CVS receives monies from various bodies which it then seeks to distribute to organisations and individuals in response to applications sought and received. In particular, CVS invites applications for funding to the CCG Prescription for Wellbeing Grant, the Gannow Big Local Community Fund and the Eric Wright Charitable Trust. Applications are considered by independent funding panels that are convened by CVS with appropriate expertise

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

and representation to ensure impartiality. The panel independently / collectively review each application against specific criteria, set by the agency which gave the initial monies to CVS to administer. If the grant application is approved, CVS advises the applicant, provides constructive feedback (on request), and offer appropriate post application support. The successful applicant will receive the Terms and Conditions and evaluation process. CVS will continue to provide support to all successful applicants during the life cycle of the grant fund.

Additionally, CVS distributes invested funds to provide relief for distress suffered by families in the Burnley area. It distributes sums amounting to no more than the annual interest and reserves from the investment fund each year. Criteria for the distribution of such grants are specified in the Trust Deed and the distribution policy is reviewed annually by the Trustees. Applications must come from an intermediary organisation and grants are paid to suppliers of services and goods not in cash to the family in distress.

Other miscellaneous amounts of money are received by CVS from a variety of sources on an ad hoc basis. Such grants are paid out by CVS in accordance with any instructions specified by the original grant donor.

Funds for CVS grant making are restricted or designated funds from donations, grants or funding arrangements made to CVS.

Structure, governance and management

a. CONSTITUTION

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 27th August 1997 and amended on 16th September 2003. Further revised Articles of Association were adopted at the Annual General Meeting in September 2011.

The company is constituted under a Memorandum of Association dated 27th August 1997 and is a registered charity number 1062446.

b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.

c. PAY POLICY FOR SENIOR STAFF

The directors, who are the Organisation's trustees, and the senior management team, comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis. Related party transactions are in note 21 to the accounts.

The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings. In view of the nature of the charity, the directors benchmark against pay levels in other similar organisations of a similar size run on a voluntary basis and using the NJC pay scales and other guidance issues by ACEVO and NAVCA. NJC scales are a local government pay scales, which are extensively used in the voluntary sector and are a result of negotiations between trade unions (Unite, Unison and GMB) and Local Government Association. Trustees carry out an annual salary review.

If recruitment has proven difficult in the recent past a market addition is also paid with the pay maximum no greater than the highest benchmarked salary for a comparable role.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

The charity is governed by its Memorandum and Articles of Association adopted on 27th August 1997 and amended on 16th September 2003. Further revised Articles of Association were adopted at the Annual General Meeting in September 2011. The organisation is still in discussion with the Charity Commission about the proposal to extend the area of benefit.

The Board of Trustees is responsible for the overall governance of the charity. Trustees are either elected or coopted from the membership and the total number of trustees may not exceed 18. Trustees can either be elected by nomination from a member organisation or as an individual member. Elected trustees remain in office for three years and are eligible for re-election, with one third of the Board being elected each year. Co-opted trustees are appointed by the Board of Trustees and serve for the remainder of that operational year. In addition, the Local Authorities in the area are entitled to nominate representatives to the Executive Committee and these are detailed on the foregoing statement of officers, professional advisors and registered office.

There is a strong and effective partnership between Trustees and staff which contributes significantly to the organisation's continued success.

Trustees are required to meet at least five times per year. These meetings include four quarterly Board meetings where Trustees review strategy and operational activity and agree plans and budgets and the Annual General Meeting. In addition Trustees are encouraged to participate in at least one of the charity:s sub-committees (Strategy and Finance). New Trustees and Local Authority representatives are given an Induction Pack containing everything they need to know about the charity and its work for effective and informed decision making.

The Board delegates the exercise of certain powers in connection with the management and administration of the charity as set out below. This is controlled by regular reporting back to the Executive Committee so that all decisions made can be ratified by the full board in due course.

i) Strategy

The purpose of this sub-committee is to gather and provide information, guidance and recommendations for the full Board of Trustees on the strategic direction and requirements of Burnley, Pendle & Rossendale Council for Voluntary Service.

(ii) Finance

The purpose of this sub-committee is to gather and provide information, guidance and recommendations for the full Board of Trustees on the financial direction and requirements of Burnley, Pendle & Rossendale Council for Voluntary Service.

(iii) Chief Officer

The Chief Officer manages the day to day administration of the charity and its projects and is responsible for implementing policies agreed by the Executive Committee. The Chief Officer supports the other 37 members of staff together with short term additional project personnel and volunteers as required from time to time. In addition, task and finish groups are set up as required in regard to The CVS Centre and CVS Gannow Community Centre.

e. RISK MANAGEMENT

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

Plans for future periods

a. FUTURE DEVELOPMENTS

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

During 2023/24, we remain fortunate in that the bulk of our funding remains in place to deliver all of our activities. However, we are making plans and developing ideas for the future as we know that some project funding will end during the year..

We remain committed to developing the future of the social prescribing agenda working with the Integrated Care Board. The grant programme in particular provides some much needed resource for small VCF groups.

As a Local infrastructure organisation we will continue to work to ensure we support the many VCF groups who need our support.

• We will continue to review, develop and update our strategy and business plans to continue to develop our vision and model to deliver our objectives.

• We will continue to develop and be involved in consortia to support the sector, especially with LACVS (Lancashire Association of CVS). A bid to national lottery to drive delivery of the Lancashire Local manifesto has been successful.

• We will work in partnership with statutory agencies to ensure that the sector influences policy development and service design.

2024)

• We will develop the links made through the NASP (national academy for social prescribing) and the Thriving Communities programme.

• We will continue to develop our existing project delivery: Children and Young People services, Volunteer Community Transport, Volunteering and Social Prescribing as well as looking at new opportunities that benefit our communities.

We will invest, from our reserves when needed and it is possible, to strengthen the core services offered.

TRUSTEES' RESPONSIBILITIES STATEMENT

The Trustees (who are also directors of Burnley, Pendle and Rossendale Council for Voluntary Service for the purposes of company law) are responsible for preparing the Trustees' 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. Under company law the Trustees must not approve the financial statements unless they are satisfied that they 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 charitable company for that period. In preparing these financial statements, the Trustees are required to:

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2023

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

DISCLOSURE OF INFORMATION TO AUDITORS

Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:

19 December 2023

This report was approved by the Trustees, on

and signed on their behalf by:

Trustee

Susan Biggs

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

OPINION

We have audited the financial statements of Burnley, Pendle & Rossendale Council for Voluntary Service (the 'charitable company') for the year ended 31 March 2023 set out on pages 15 to 37. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

OTHER INFORMATION

The Trustees are responsible for the other information. The other information comprises the information included in the Annual report, other than the financial statements and our Auditors' report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the

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DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

AUDITORS' RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities including fraud. Our approach to identifying and assessing the risks of material misstatement in

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BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the company’s financial statements to material misstatement,including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non- compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect that those that arise from error as they may involve deliberate concealment or collusion.

USE OF OUR REPORT

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

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DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

Simon Worswick B.A. FCA (Senior Statutory Auditor) for and on behalf of Smith and Goulding Ltd (Chartered Accountants and Senior Auditors)

2 Southport Road Chorley PR7 1LB Date:

Smith and Goulding Ltd (Chartered Accountants and Senior Auditors) are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 14

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
funds
Note
2023
£
INCOME FROM:
Donations and legacies
2
10,834
Charitable activities
3
344,282
Investments
5
12,969
Other income
157,899
TOTAL INCOME
525,984
EXPENDITURE ON:
Charitable activities
7
625,960
TOTAL EXPENDITURE
625,960
NET INCOME / (EXPENDITURE) BEFORE
INVESTMENT GAINS/(LOSSES)
(99,976)
Net gains/(losses) on investments
(2,688)
NET INCOME / (EXPENDITURE) BEFORE
TRANSFERS
(102,664)
Transfers between Funds
16
27,342
NET INCOME / (EXPENDITURE) BEFORE
OTHER RECOGNISED GAINS AND LOSSES
(75,322)
NET MOVEMENT IN FUNDS
(75,322)
RECONCILIATION OF FUNDS:
Total funds brought forward
891,615
TOTAL FUNDS CARRIED FORWARD
816,293		 Restricted
funds
2023
£
11,712
1,507,146
1,994
108,512
1,629,364
1,736,775
1,736,775
(107,411)
-
(107,411)
(27,342)
(134,753)
(134,753)
644,914
510,161		 Total
funds
2023
£
22,546
1,851,428
14,963
266,411
2,155,348
2,362,735
2,362,735
(207,387)
(2,688)
(210,075)
-
(210,075)
(210,075)
1,536,529
1,326,454		 Total
funds
2022
£
18,451
2,386,634
2,992
268,690
2,676,767
2,529,598
2,529,598
147,169
5,643
152,812
-
152,812
152,812
1,383,717
1,536,529

The notes on pages 18 to 37 form part of these financial statements.

Page 15

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

(A company limited by guarantee) REGISTERED NUMBER: 3328219

BALANCE SHEET AS AT 31 MARCH 2023

Note
FIXED ASSETS
Tangible assets
12
Investments
13
CURRENT ASSETS
Debtors
14
Cash at bank and in hand
CREDITORS:amounts falling due within
one year
15
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
16
Unrestricted funds
16
TOTAL FUNDS		 £
139,172
818,170
957,342
(69,855)		 2023
£
370,635
68,332
438,967
887,487
1,326,454
510,161
816,293
1,326,454		 £
255,383
866,324
1,121,707
(52,883)		 2022
£
396,685
71,020
467,705
1,068,824
1,536,529
644,914
891,615
1,536,529

The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. However, an audit is required in accordance with section 144 of the Charities Act 2011.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

19 December 2023 The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf, by: Susan Biggs

The notes on pages 18 to 37 form part of these financial statements.

Page 16

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE

(A company limited by guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023

Note
Cash flows from operating activities
Net cash (used in)/provided by operating activities
18
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
19		 2023
£
(49,552)
2,688
(1,290)
1,398
(48,154)
866,324
818,170		 2022
£
157,925
(5,643)
(37,000)
(42,643)
115,282
751,042
866,324

The notes on pages 18 to 37 form part of these financial statements.

Page 17

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Burnley, Pendle & Rossendale Council for Voluntary Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Reconciliation with previous Generally Accepted Accounting Practice

In preparing these accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.

No restatements were required.

1.3 Company status

The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

Page 18

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES (continued)

1.4 Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the company has been notified of the executor's intention to make a distribution. Where legacies have been notified to the company, or the company is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 19

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES (continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

Charitable activities and Governance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

1.6 Tangible fixed assets and depreciation

All assets costing more than £1,000 are capitalised.

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities incorporating income and expenditure account.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

1.7 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

Page 20

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES (continued)

1.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.9 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.11 Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.12 Pensions

The pensions costs charged in the financial statements represent the contributions payable by the charity during the year.

1.13 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 company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs 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.

Page 21

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

2. INCOME FROM DONATIONS AND LEGACIES

Unrestricted
funds
2023
£
Donations
10,834
Total 2022
10,349
3.
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
funds
2023
£
Charity activities
344,282
Total 2022
2,386,634		 Restricted
funds


2023
£
11,712
8,102
Restricted
funds
2023
£
1,507,146
-		 Total
funds
2023
£
22,546
18,451
Total
funds
2023
£
1,851,428
2,386,634		 Total
funds
2022
£
18,451
Total
funds
2022
£
2,386,634

4. ANALYSIS OF INCOME FROM CHARITABLE ACTIVITIES BY TYPE OF INCOME

Charitable Activities
Total 2022		 Total
funds
2023
£
1,851,428
1,851,428
2,386,634		 Total
funds
2022
£
2,386,634
2,386,634

Page 22

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Income from Charitable Activities and Other Income

SLA Grants (See below)
Rents and Service Charge Receivable
Payroll Bureau Fees
Membership Fees
Administration Fees
Other
Seminars/ Room Hire

Total
SLA Grants
Burnley Borough Council
Lancashire County Council
Pendle Borough Council
Rossendale Borough Council
NHS East Lancs CCG
NHS Blackburn with Darwen CCG
National Lottery Community Fund
Gannow Big Local
NAVCA
Little Green Bus
Children In Need
National Association of Social Prescribing
LACVS
Big Lottery Fund - Reaching Communities
Spring North
NHS Lancashire and South Cumbria
East Lancashire NHS
Pilgrim Trust
Other
UCLAN
Big Local Trust
NHS Greater Preston
Blackburn with Darwen CVS
Burnley Leisure
Eric Wright Trust

Total		 2023
£
1,851,428
78,617
2,053
1,635
145,513
10,077
28,515

2,117,838
2023
£
94,216
5,593
10,000
-
841,351
2,059
5,757
600
-
32,688
7,040
97,760
26,227
10,946
25,500
361,667
4,310
(2,500)
1,037
-
152,618
-
98,446
11,113
65,000

1,851,428		 2022
£
2,386,634
62,418
2,145
2,375
162,602
8,661
30,489
2,655,324
2022
£
369,829
-
312,500
277,616
835,878
3,659
-
-
1,500
32,688
82,203
70,000
73,270
32,838
-
-
-
20,000
1,000
8,000
170,205
13,000
75,773
-
6,675
2,386,634

Page 23

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

5. INVESTMENT INCOME

Unrestricted
funds
2023
£
Investment income
12,969
Total 2022
2,992
6.
GRANTS PAYABLE
Grants payable
Total 2022
7.
GOVERNANCE COSTS
Unrestricted
funds
2023
£
Governance Auditors/ Accountants' costs
14,249		 Restricted
funds
2023
£
1,994
-
Grants to
Organisatio
ns
2023
£
688,194
976,926
Restricted
funds
2023
£
-		 Total
funds
2023
£
14,963
2,992
Total
2023
£
688,194
976,926
Total
funds
2023
£
14,249		 Total
funds
2022
£
2,992
Total
2022
£
976,926
Total
funds
2022
£
12,239

Page 24

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

8. DIRECT COSTS

Costs Directly Allocated to Activities:
Staff Costs (Including on costs)
Travel and other expenses - Staff
Travel and other expenses - Volunteer
Grants paid
Direct expenditure for community projects
Premises costs
Respite costs
Other Expenses
Audit and accountancy fees
Support Costs Allocated to Activities:
Premises costs
General office and finance staff
Training costs
Project administrative fees
Communications
Advertising, fees and subscriptions
Depreciation
Other Expenses
Accountancy		 2023
£
-
909,398
7,521
18,407
688,194
208,392
-
1,228
4,301
10,000
-
131,851
197,784
10,570
119,231
10,211
11,659
27,340
2,399
4,249
2,362,735		 2022
£
-
834,013
8,364
20,319
941,356
222,703
-
7,008
171
9,000
-
130,410
145,036
11,399
158,178
8,755
10,238
19,381
28
3,239
2,529,598

9. NET INCOME/(EXPENDITURE)

This is stated after charging:

2023 2022
£ £
Depreciation of tangible fixed assets:
- owned by the charity 27,340 28,631
Auditors' and accountants costs 14,249 12,239

During the year, no Trustees received any remuneration (2022 - £NIL). During the year, no Trustees received any benefits in kind (2022 - £NIL). During the year, no Trustees received any reimbursement of expenses (2022 - £NIL).

10. AUDITORS' REMUNERATION

The Auditor's remuneration amounts to an Audit fee of £5,000 -2022 - £4,500

Page 25

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

11. STAFF COSTS

Staff costs were as follows:

Wages and salaries
Social security costs
Other pension costs		 2023
£
990,142
76,269
40,771
1,107,182		 2022
£
885,804
60,446
32,800
979,050

The average number of persons employed by the company (FTE) during the year was as follows:

Direct Charitable Work
Administrative		 2023
No.
23
13
36		 2022
No.
18
11
29

No employee received remuneration amounting to more than £60,000 in either year.

The charity trustees were not paid or received any other benefits from employment with CVS in the year (2022:NIL ) neither were they reimbursed expenses during the year (2022 . NIL). No charity trustees received payment for professional or other services supplied to the charity.

The key management personnel comprise the charity trustees, the Chief Executive Officer, the Finance and HR Officer and the Senior Development Officer. The total employee benefits of the key management personnel of CVS were £165,427 (2022: £141,991),

Page 26

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

12. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 Freehold
property
£
528,155
-
528,155
185,657
10,563
196,220
331,935
342,498		 Motor
vehicles
£
39,000
-
39,000
10,785
7,054
17,839
21,161
28,215		 Fixtures and
fittings
£
169,476
1,290
170,766
143,504
9,723
153,227
17,539
25,972		 Total
£
736,631
1,290
737,921
339,946
27,340
367,286
370,635
396,685

13. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Market value
At 1 April 2022
Gains
At 31 March 2023
Investments at market value comprise:
Trade investments
All the fixed asset investments are held in the UK		 Trade
investments
£
71,020
(2,688)
68,332
2023
2022
£
£
68,332
71,020
68,332
2022
£
71,020

Page 27

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

14. DEBTORS

Trade debtors
Prepayments and accrued income
15.
CREDITORS: Amounts falling due within one year		 2023
£
43,527
95,645
139,172		 2022
£
101,428
153,955
255,383
Other taxation and social security (see below)
Other creditors
Accruals and deferred income
Other taxation and social security
PAYE/NI control
Deferred income
Deferred income at 1 April 2022
Resources deferred during the year
Amounts released from previous years
Deferred income at 31 March 2023		 2023
£
7,251
6,911
55,693
69,855
2023
£
7,251		 2022
£
-
-
52,883
52,883
2022
£
-
£
10,946
43,831
(10,946)
43,831

16. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR

Balance at
Balance at Transfers Gains/ 31 March
1 April 2022 **Income ** Expenditure in/out (Losses) 2023
£ £ £ £ £ £
Unrestricted funds
General Funds 891,615 525,984 (625,960) 27,342 (2,688) 816,293

Page 28

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16. STATEMENT OF FUNDS (continued)

Restricted funds

Restricted funds
Distress Relief 78,108 1,994 (2,421) - - 77,681
Prescription for Wellbeing 26,503 345,071 (339,095) - - 32,479
Young Carers 3,824 6,858 (5,187) - - 5,495
Emergency Assistance
Grants Programme 586 - - 5,813 - 6,399
Social Prescribing Link
Worker 25,086 465,461 (455,880) - - 34,667
Young Carers - Respite 4,542 900 (388) - - 5,054
Young Carers Activity
Project (19,378) - - 19,378 - -
Mental Health Young
Carers (1,225) 7,040 (19,717) 13,902 - -
Looked After Children 11,851 - (6,210) (5,641) - -
Young Caters Art and
Wellbeing (26) - - 26 - -
Youth Empowerment
Project (114) - - 114 - -
Young Carers Female
Empowerment 16,811 - (6,431) (2,500) - 7,880
ESIF Passport to Health
and Employment Project 6,603 - - (6,603) - -
The CVS Centre -
Running (66,929) 75,483 (108,809) - - (100,255)
CVS Gannow Community
Centre - Running 73,381 55,287 (74,251) - - 54,417
The CVS centre - Building 202,596 - (7,563) - - 195,033
CVS Gannow Community
Centre - Building 134,000 - (3,000) - - 131,000
Fixtures, Fitting and
Equipment 708 - (708) - - -
Big Local 53,766 152,618 (150,370) (46,279) - 9,735
ESOL Project 25,874 - (9,700) (16,174) - -
Eric Wright Small Grants
Scheme 7,208 65,537 (60,971) - - 11,774
Takepart Pathfinder 65 - (65) - - -
ESOL English Together 5,532 15,863 (14,113) (7,282) - -
Population Health
Management 3,396 340,494 (340,386) - - 3,504
ELCCG Funded Social
Prescribing 2,968 - - (2,968) - -
Community Swabbing
Project (5) 18,171 (17,927) (239) - -
Children and Young
People's MH Personal
Budgets 17,302 - (3,714) - - 13,588
Small sundry grants/
donations 55 - (55) - - -
Kickstart placement
scheme (7,250) 21,735 (10,942) (3,543) - -

Page 29

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16.
STATEMENT OF FUNDS (continued)
Children In Need -
Minibus
27,750
-
COVID Winter Fund
Grants
(14,765)
-
Household Support
Scheme
32,344
710
Young Carers We Count
Project
(6,253)
-
UK SP Community and
Places
-
56,142
644,914
1,629,364
Total of funds
1,536,529
2,155,348		 (7,054)
-
(32,040)
(3,636)
(56,142)
(1,736,775)
(2,362,735)		 -
14,765
-
9,889
-
(27,342)
-		 -
-
-
-
-
-
(2,688)		 20,696
-
1,014
-
-
510,161
1,326,454

Page 30

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16. STATEMENT OF FUNDS (continued)

STATEMENT OF FUNDS - PRIOR YEAR

General Funds
Restricted funds
Distress Relief
Nelson COVID 19 Distress Relief
Prescription for Wellbeing
COVID 19 Emergency Response
Emergency Assistance Grants
Programme
Social Prescribing Link Worker
Young Carers - Respite
Young Carers Activity Project
Mental Health Young Carers
Looked After Children
Young Caters Art and Wellbeing
Youth Empowerment Project
Young Carers Female Empowerment
ESIF Passport to Health and
Employment Project
The CVS Centre - Running
CVS Gannow Community Centre -
Running
The CVS centre - Building
CVS Gannow Community Centre -
Building
Fixtures, Fitting and Equipment
Big Local
ESOL Project
Eric Wright Small Grants Scheme
Takepart Pathfinder
ESOL (Burnley Borough Council)
Population Health Management
ELCCG Funded Social Prescribing
Community Swabbing Project
Children and Young People's MH
Personal Budgets
Small sundry grants/ donations
Kickstart placement scheme
Children In Need - Minibus
COVID Winter Fund Grants
Household Support Scheme
Young Carers We Count Project		 Balance at
1 April 2021
£
666,408
76,467
1,551
50,706
7,405
8,703
12,391
7,956
(18,501)
5,032
9,433
1,312
(114)
5,236
6,603
(60,861)
85,733
210,159
137,000
708
60,140
36,718
11,896
565
456
18,396
2,968
(749)
40,000
-
-
-
-
-
-
717,309		 Income
£
625,771
1,955
-
330,676
-
-
383,262
1,380
-
35,338
10,039
-
-
20,039
-
79,252
69,289
-
-
-
170,205
5,990
6,675
-
37,457
-
-
34,382
-
55
26,886
37,000
1,016
800,100
-
2,050,996		 Expenditure
£
(406,207)
(314)
(1,551)
(354,879)
(7,405)
(8,117)
(370,567)
(970)
(877)
(41,595)
(7,621)
(1,338)
-
(8,464)
-
(85,320)
(81,641)
(7,563)
(3,000)
-
(176,579)
(16,834)
(11,363)
(500)
(32,381)
(15,000)
-
(33,638)
(22,698)
-
(34,136)
(9,250)
(15,781)
(767,756)
(6,253)
(2,123,391)		 Gains/
(Losses)
£
5,643
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2022
£
891,615
78,108
-
26,503
-
586
25,086
8,366
(19,378)
(1,225)
11,851
(26)
(114)
16,811
6,603
(66,929)
73,381
202,596
134,000
708
53,766
25,874
7,208
65
5,532
3,396
2,968
(5)
17,302
55
(7,250)
27,750
(14,765)
32,344
(6,253)
644,914

Page 31

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16. STATEMENT OF FUNDS (continued)

RESTRICTED FUNDS

Distress Relief

This fund was set up to provide financial assistance to people in distress within the area of Burnley.

Nelson Covid 19 Distress Relief

A temporary distress fund for people in Nelson as a response to Covid 19. It will provide people with ill health who are financially in need access to white goods and payment of utility bills.

Prescription for Wellbeing

The purpose of this fund is to provide three strands of complementary activity:- a programme of grants to be made available to small voluntary, community and faith groups to deliver activities supporting the East Lancs. Clinical Commissioning Group's strategic aims; - engagement activity support where engagement and partnership brings together groups to complement activity; and

"COVID-19 Emergency Response

Burnley, Pendle & Rossendale Council for Voluntary Service are partners in each of the district hubs set up to provide an immediate response to the COVID 19 pandemic and the national lockdown. CVS provided the resource for the volunteering offer and matching staff and volunteers to people needing help with a wide range of things, initially mainly shopping and medication. Burnley, Pendle & Rossendale Council for Voluntary Service applied for funding to support that response."

Community Swabbing Project

Provision of swabbers (Covid 19 testing) for hyper - local swabbing service to support swabbing in a variety of venues enabling opportunities closer to home.

Population Health Management

A grant programme facilitated on behalf of the Integrated care Board (ICB)

UK Shared Prosperity Community and Places

A grant programme facilitated on behalf of Burnley Borough Council

Emergency Assistance Grants Programme

Support over a 5 month period over winter for people who are struggling to afford food and other essentials”due to Covid 19.

Covid 19 Winter Fund

The COVID Winter Grant scheme will provide funding to use to support those most in need with the cost of food, energy (heating, cooking, lighting), water bills (including sewerage) and other essentials.

Social Prescribing Link Worker Project

A national project of support which enables each PCN (primary care network) to fund a Social Prescribing link worker. The link workers in our area are employed by CVS on behalf of the PCNs to carry out the work which complements and enhances the existing Social Prescribing programme.

Young Carers

Provide emergency food parcels for families who are struggling due to the Covid 19 pandemic.

Page 32

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16. STATEMENT OF FUNDS (continued)

Young Carers - Respite

Provision of respite care for young carers within the Burnley, Pendle and Rossendale area.

Young Carers Activity Project

To provide opportunities for respite activity for young people who have informal caring responsibilities. This project had finished by 31st March, 2021.

Mental Health Young Carers

Caring for someone with Mental Health or substance misuse problems. Improve young carers self- esteem and confidence and reduce isolation.

Looked after Children

This project delivers support sessions for Looked After Children to develop individual support plans and activities. This will lead to raised aspirations and increased confidence.

Young Carers Art and Wellbeing

A project working with young carers around expression through art. The project funded an artist to work with our young carers through the medium of abstract art and different techniques to develop a final piece that would be used for an exhibition.

Youth Empowerment Project

Working with local business, this project aims to encourage aspirations amongst young people. This project had finished by 31st March, 2021.

Young Carers Female Empowerment Project

A project to support and empower females, age 7 - 18, who are facing disadvantage and/or adverse childhood experiences, in particular those at risk of CSE (child sexual exploitation). It is a pilot project and funds the salary of a part time worker.

Children and Young People’s Mental Health Personal Budgets

Referrals accepted from CAHMS (children and young people mental health service) to improve health and wellbeing and enable progression by removing barriers for involvement in activities.

ESIF - Passport to health & Employment or Action for Job

To help unemployed and economically inactive people into employment, training or job search (participants must be permitted to work within the UK).

The CVS Centre - Running (formerly Voluntary Sector Resource Centre)

Running expenses of The CVS Centre (formerly the Rachel Kay Shuttleworth Building).

CVS Gannow Community Centre

Running Running expenses of the Gannow Community Centre.

The CVS Centre - Building (formerly Rachel-Kay Shuttleworth Building)

Represents monies given or awarded to the charity from various sources in order to purchase and renovate the Voluntary Sector Resource Centre.

CVS Gannow Community Centre - Building

Represents the acquisition by the charity of the Gannow Community Centre premises on Adamson Street, Burnley.

Page 33

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16. STATEMENT OF FUNDS (continued)

Fixtures, Fittings and Equipment

This fund represents monies given or awarded to the charity from various sources in order to buy specific capital items.

Fair Share Trust

This is an initiative funded by the New Opportunities Fund (National Lottery) programme to target areas that suffer considerable disadvantage. The Pendle wards of Marsden, Walverden and Southfield have been identified as beneficiaries. The programme is to be delivered over a ten-year period to March 2013 and aims to build capacity, sustainability and social capital in local communities and improve the local environment.

Big Local

The Gannow area of Burnley has been designated a Big Local area to receive up to £1 million from the Big Lottery to improve the area over a ten year period. The first stage of the programme is to develop a local profile and plan. BPRCVS was asked to be the local trusted organisation to handle a Getting Started budget and employ an outreach worker.

ESOL Project

This is part of the Lancashire-wide Syrian refugee resettlement project to provide support to enable adults to access ESOL classes as a pathway to integration.

Eric Wright Small Grants Scheme

Burnley, Pendle & Rossendale Council for Voluntary Service have been commissioned to facilitate a small grants programme funded by the Eric Wright Charitable Trust to support voluntary, community and faith groups in our area.

Takepart Pathfinder

The Burnley, Pendle and Rossendale Takepart Pathfinder commenced in August 2009 following a successful bid to.the Department of Communities and Local Government. The main aims of the project are to support people to take a more active role in their communities and society generally by overcoming barriers and encouraging them to take on civic and civil roles.

East Lancashire Clinical Commissioning Group Funded Social Prescribing

A small grants scheme available to voluntary community & faith sector groups in Burnley, Pendle and Rossendale. The aim of the programme is to promote wellbeing, support the prevention of ill health and / or actively help reduce inappropriate use of GPs and admissions to hospitals.

Household Support Fund

The grant was distributed through small payments to support vulnerable households meet daily needs such as food, clothing, and utilities

Page 34

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

16. STATEMENT OF FUNDS (continued) SUMMARY OF FUNDS - CURRENT YEAR

Balance at
1 April 2022
Income Expenditure
£
£
£
General funds
891,615
525,984
(625,960)
Restricted funds
644,914
1,629,364
(1,736,775)
1,536,529
2,155,348
(2,362,735)
SUMMARY OF FUNDS - PRIOR YEAR
Balance at
1 April 2021
Income
£
£
General funds
666,408
625,771
Restricted funds
717,309
2,050,996
1,383,717
2,676,767		 Transfers
in/out
£
27,342
(27,342)
-
Expenditure
£
(406,207)
(2,123,391)
(2,529,598)		 Gains/
(Losses)
£
(2,688)
-
(2,688)
Gains/
(Losses)
£
5,643
-
5,643		 Balance at
31 March
2023
£
816,293
510,161
1,326,454
Balance at
31 March
2022
£
891,615
644,914
1,536,529

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Unrestricted
funds
2023
£
Tangible fixed assets
357,867
Trade investments
68,332
Current assets
459,949
Creditors due within one year
(69,855)
816,293		 Restricted
funds
2023
£
12,768
-
497,393
-
510,161		 Total
funds
2023
£
370,635
68,332
957,342
(69,855)
1,326,454

Page 35

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued)

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Unrestricted
funds
2022
£
Tangible fixed assets
368,935
Trade investments
71,020
Current assets
504,543
Creditors due within one year
(52,883)
891,615
18.
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW
ACTIVITIES
Net (expenditure)/income for the year (as per Statement of Financial
Activities)
Adjustment for:
Depreciation charges
Decrease in debtors
Increase/(decrease) in creditors
Net cash (used in)/provided by operating activities
19.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Total		 Unrestricted
funds
2022
£
Tangible fixed assets
368,935
Trade investments
71,020
Current assets
504,543
Creditors due within one year
(52,883)
891,615
18.
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW
ACTIVITIES
Net (expenditure)/income for the year (as per Statement of Financial
Activities)
Adjustment for:
Depreciation charges
Decrease in debtors
Increase/(decrease) in creditors
Net cash (used in)/provided by operating activities
19.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Total

Page 36

DocuSign Envelope ID: FA06C122-6CC9-4A94-8055-42B69E56E991

BURNLEY, PENDLE & ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

20. OPERATING LEASE COMMITMENTS

At 31 March 2023 the total of the Charity’s future minimum lease payments under non-cancellable operating leases was:

2023 2022
£ £
Amounts payable:
Within 1 year 2,923 5,707

21. RELATED PARTY TRANSACTIONS

Lancashire BME Network LTD (LBN)

Mrs C Blythe is the CE of CVS and also a director/ trustee of LBN as well as S Iftikhar being a trustee of CVS and LBN. In the year ended 31st March 2023, LBN paid a membership fee of £15 to BPR CVS

Pendle Borough Council (PBC)

PBC nominates councillors to be representatives on the Executive Committee of CVS. These councillors have no voting powers at BPR CVS.

Burnley Borough Council (BBC)

Mrs M Lishman is a trustees of CVS and also a councillor of Burnley Borough Council. Burnley Borough Council also nominate two councillors to be representatives on the Executive Committee of CVS. These councillors have no voting powers at CVS.

Lancashire Association of Councils for Voluntary Service (LA CVS)

Mrs C Blythe is the Chief Executive of CVS and Mrs N Zaman is a trustee of CVS and the CEO of Lancashire BME Network Ltd. They are both a director/ trustee of LA CVS.

22. POST BALANCE SHEET EVENTS

There have been no significant events affecting the company since the year end.

23. CONTROLLING PARTY

Those directors listed on page one of the accounts control the company.

Page 37