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2022-03-31-accounts

Company Number: 3346067 (England and Wales) Charity Number: 1063019

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

(A company Limited by Guarantee)

FINANCIAL STATEMENTS

Year ended

31 MARCH 2022

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Contents to the Financial Statements
for the year ended 31 March 2022
Page
Company Information 3
Independent Examiners Report 4
Report of the Board of Trustees (incorporating the Directors’ Report) 5
Income and Expenditure Account 13
Statement of Financial Activities 14
Balance Sheet 15
Notes to the Financial Statements 16

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Company Information for the year ended 31 March 2022

DIRECTORS Mr. Allen Ransome (Chair) Mr Donald Campbell Mr. James Truepenny Mrs. Lesley Fowler (resigned 4 March 2022) Mrs. Geraldine Miller (resigned 11 January 2022) Ms. Christine Mason (appointed 15 December 2021)

SECRETARY Ms. Carole Phillips (resigned 6 January 2022) Ms. Sian Broughton (appointed 6 January 2022)

4-6 Robert Street Scunthorpe North Lincolnshire DN15 6NG

REGISTERED OFFICE 4-6 Robert Street Scunthorpe North Lincolnshire DN15 6NG REGISTERED COMPANY NUMBER 3346067 REGISTERED CHARITY NUMBER 1063019 INDEPENDENT EXAMINER Mr Trevor Mark Rackham FCCA Director Rackham’s Accountants Limited 3 Melton Enterprise Park Redcliff Road Melton East Yorkshire HU14 3RS BANKERS Lloyds CAF Charity Services 106 High Street Kings Hill Scunthorpe West Malling North Lincolnshire Kent DN15 6HG ME19 4TA

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Independent Examiner’s Report to the Members of

Voluntary Action North Lincolnshire Limited

I report on the accounts of Voluntary Action North Lincolnshire Limited for the year ended 31 March 2022, which are set out on pages 14 to 33.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants (ACCA) .

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention to indicate that:

Signature removed for security purposes

Mr Trevor Mark Rackham ACCA Director

Rackham’s Accountants Limited 3 Melton Enterprise Park Redcliff Road Melton East Yorkshire HU14 3RS

Date: 15 November 2022

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

The trustees present their report with the financial statements of the company for the year ended 31 March 2022.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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).

Reference and Administrative Details of the Charity, its Trustees and Advisers

Name of charity: Voluntary Action North Lincolnshire Limited
Charity Registration Number: 1063019
Company Registration Number: 3346067
Registered and principal operating address: 4-6 Robert Street, Scunthorpe
North Lincolnshire, DN15 6NG
Directors and Trustees:

The directors of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.

Names of trustees (directors) who served during the year and since the year end were as follows:

Mr. Allen Ransome (Chair) Mr Donald Campbell Mr. James Truepenny Mrs. Lesley Fowler (resigned 4 March 2022) Mrs. Geraldine Miller (resigned 11 January 2022) Ms. Christine Mason (appointed 15 December 2021)

The company is limited by guarantee therefore none of the directors have an interest in share capital. Company Secretary: Ms. Carole Phillips (resigned 6 January 2022) Ms. Sian Broughton (appointed 6 January 2022)

Day to Day Management of the Charity:

Chief Executive: Ms. Carole Phillips (resigned 6 January 2022) Ms. Sian Broughton (appointed 6 January 2022)

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Independent Examiner:

Mr Trevor Mark Rackham ACCA Director Rackham’s Accountants Limited 3 Melton Enterprise Park Redcliff Road Melton East Yorkshire HU14 3RS

Bankers: Lloyds CAF Charity Services 106 High Street Kings Hill Scunthorpe West Malling North Lincolnshire Kent DN15 6HG ME19 4TA

Structure, Governance and Management

Governing Document:

Voluntary Action North Lincolnshire Limited is a registered charity and a company limited by guarantee governed by its Memorandum and Articles of Association adopted on 19 March 1997, and amended on 7 October 2004, 4 October 2007, 7 October 2010 and 25 November 2020. The company was incorporated on 1 April 1997.

Every member of the Charity undertakes to contribute a maximum of £10 in the event of the charity winding up.

Recruitment and Appointment of Trustees

The trustees form the Executive Committee of the charity and are elected at the Annual General Meeting by the members of the Charity (usually for a three-year term). There is provision for the co-option of additional trustees if required. The board of trustees endeavors to include at least one person with skills or experience in each of the following areas:

The Articles of Associations state that the number of trustees must be not less than five and no more than fifteen. Towards the end of the accounting period, the resignation of one of the Directors has meant that we are below the requirements of our Governing Document. We are actively looking at recruitment of a new Director, however are also in a period of uncertainty relating to the current exploration of a merger. Our Board of Trustees remains quorate in order to be able to make decisions.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Trustee Induction and Training

All new trustees undergo appropriate induction training, provided by the Chief Executive. Additional training is provided at any point for new and existing trustees, whenever it is considered necessary.

Organisational structure

The board of trustees, which currently meets monthly, manages the Charity, and concentrates on strategic matters. The Chief Executive manages the day-to-day operations of the charity and has authority to delegate as appropriate to other staff members. Ad-hoc committees are set up when the need arises.

Risk Management

The major risks, to which the company is exposed, as identified by the directors, have been reviewed and systems have been established to mitigate those risks.

The organisation has risk management plans in place at 2 levels: Organisational and Strategic risks and delivery risks for those activities which have been assessed as potentially risky e.g., Street Outreach, Family Foundations. The Board have considered and reviewed risk plans and consider that systems and processes put in place to mitigate risks are sufficient and meet the requirements of the Charity Commission and the Charity’s insurers.

Objectives and Activities

As set out in the Memorandum of Association, the Charity’s objects are;

(a) to promote any charitable purpose for the benefit of the community in the local government district of North Lincolnshire, and in particular the advancement of education, the protection of health and the relief of poverty, distress and sickness.

(b) To promote and organise cooperation in the achievement of the above purposes and to that end to bring together in council representatives of the voluntary organisation and statutory authorities within the area of benefit.

This means that the main objects of the charity are promoting, developing and supporting voluntary activity within the community. The principal activities, carried out to achieve these objectives, are the provision of services to member organisations; liaison with statutory, national and major voluntary organisations; representation of local views about service provision; and the development of new services.

Trustees paid due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Main objectives for the year 2022-23

The main objective for the forthcoming year is to work to sustain and strengthen the support to the wider voluntary sector, including:

Achievements and Performance

Review of Activities 2021-2022

This has been a difficult year for Voluntary Action North Lincolnshire. During the year we saw the end of our National Lottery Community Fund and Lloyds TSB funded work with families in recovery from substance misuse. Unfortunately further funding was not available to continue this work which led to the service closing during the year.

Due to ongoing difficulties in relation to accessing funding and the reduced capacity of the organisation which has been exacerbated because of the Covid-19 pandemic, during the year we took the decision to our members regarding possible closure. Our members are so supportive of the organisation and of the work that we do, that they tasked us with looking at options for sustainability and a steering group of members came forward to look at this task. As part of this work the steering group looked at potential merger opportunities and after reviewing the services of VANL and other organisations made the recommendation to explore a merger with a similar infrastructure organisation, East Riding Voluntary Action Services (ERVAS) Ltd due to them having similar activities and ethos. We undertook consultation with members and focus groups which all came back very positive. As a result with the retirement of our long serving Chief Executive in January, it was decided to explore a shared CEO model and increased partnership working between the two organisations to ensure that there was good strategic fit with the intention of taking the vote for merger to our membership in the next accounting period if this arrangement is suitable.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Review of Activities 2021-2022 - Continued

Our achievements:

Although Carole Phillips has stepped down from the CEO role with Voluntary Action North Lincolnshire, she has continued to work with us in a voluntary capacity supporting on an application to the National Lottery Community Fund for the development of Best Start for All, a partnership project between VANL, Westcliff Community Works, Crosby Community Association and North Lincolnshire Mind which takes into account the learning from the Family Foundations project. We would like to thank Carole Phillips for all of the work that she has done for VANL over her 20 years of service and the continued support she provides to the organisation.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Towards the end of the financial year we had some very welcome news from North Lincolnshire Council who have agreed to provide a 3 year grant to support Capacity Building for the VCSE from the 1[st] April 2022 and a 1 year grant to support the development of a youth volunteering scheme and Capacity Building for VCSE organisations working with young people. We will start the recruitment in the next financial period. We also received a grant for the provision of training for VCSE organisations and volunteers within the community. This has been deferred into the next accounting period when the project will start.

Statement of grant making policy.

Grants are only made by the organisation within the criteria laid down by the funding bodies providing the grant money. The grants are administered by an independent grant review panel.

During the year VANL was the Local Development Organisation for the Winterton 2022 Big Local area and administered grants on their behalf. The funding was provided by Local Trust for distribution to voluntary sector/not for profit organisations.

During the year, the following grants were provided from this funding:

Organisation
Purpose
Winterton Bowling Club
Contribution to club house
Winterton Bowling Club
Folding table, chairs and trolleys (paid direct to
supplier)
Winterton Women’s Institute
Start-up grant
Winterton Bowling Club
Vacuum Cleaner
Winterton Beaver Scout Group
Replacement Equipment Grant
Winterton Bowling Club
Security Lighting (paid direct to supplier)
Winterton Christian Outreach
Support and equipment for Cornerstone Cafe
Café Indie
Inspection and preparation of report for
commercial building (paid direct to supplier)
Ongo Communities
Apprenticeship Grants		 Amount
£
6,019
3,023
500
200
1,151
1,400
2,200
1,800
26,150
42,443

In addition, a partnership between VANL and the Scunthorpe Rotary Club continued to provide hardship grant for individuals. VANL Distributed £250 hardship grants to 4 individuals through agencies working with them.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Financial Review

Reserves policy

It is the policy of the Executive Committee to retain within designated reserves sufficient reserves to cover the expenditure of the core functions for three months as agreed by the Trustees in the current year, previously this was six months. General Funds are to be retained and reinvested in accordance with the Company’s Memorandum of Association and the Charity’s objectives contained therein.

Designated Fund – Core Functions

The costs in respect of the core functions in the year under review were £97,336. Accordingly, a balance of £24,334 is retained within designated reserves which represents three months of the value of the costs. £7,308 was transferred from the general funds (see note 16 of the accounts).

– Designated Fund Property

In April 2011 the Company purchased the property it occupies and holds funds in a Property fund to cover the costs of improving and maintaining the property. This designated reserve is £10,000.00.

Investment Policy

At the beginning of the year the company held investments with the Charity Aid Foundation Bank to produce income and capital growth in a manner that is consistent with the Company’s stated charitable objectives and ethical standpoint.

Statement of disclosure of information to Independent Examiner

We, the directors of the company who held office at the date of approval of these financial statements, each confirm so far as we are aware, that:

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Report of the Board of Trustees (incorporating the Directors’ Report) for the year ended 31 March 2022

Statement of directors' responsibilities

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the excess or deficit of income over expenditure of the charitable company for that period. In preparing those financial statements, the directors are required to:

The directors confirm that the accounts comply with the above requirements. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examiner of Accounts

Due to starting to explore a merger with East Riding Voluntary Action Services (ERVAS) Limited, a change of Independent Examiner was required. The Board appointed Mr T M Rackham FCCA of Rackhams Accountants as Independent Examiner during the year.

Small company provisions

This report has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006.

By order of the Board on 15 November 2022

Signature removed for security purposes

Mr Allen Ransome - Chairman

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Income and Expenditure Account for the year ended 31 March 2022

Notes
INCOME
EXPENDITURE
OPERATING (DEFICIT)/SURPLUS
9
Interest receivable and similar
income
10
Profit/(Loss) on investments
(DEFICIT)/SURPLUS FOR THE YEAR
RESERVES BROUGHT FORWARD
RESERVES CARRIED FORWARD		 2022
£
230,684
(269,129)
(38,445)
1,499
(3,692)
(40,638)
367,425
326,787		 2021
£
296,815
(302,810)
(5,995)
1,508
2,358
(2,129)
369,554
367,425

Total income (including bank interest) comprises £38,885 (2021: £58,986) for unrestricted funds and £193,298 (2021: £239,337) for restricted funds. A detailed analysis of income by source is provided in the statement of financial activities.

The deficit for the year of £40,638 (2021: deficit £2,129) comprises a deficit of £29,191 (2021: surplus £38,938) for unrestricted funds and a deficit of £11,447 (2021: deficit £41,067) for restricted funds, as shown in the statement of financial activities.

There are no recognised gains and losses other than those passing through the income and expenditure account. The income and expenditure account has been prepared on the basis that all operations are continuing operations.

The notes on pages 16 to 32 form part of these financial statements.

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Company No: 3346067 Charity No: 1063019

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Statement of Financial Activities for the year ended 31 March 2022

Income
Note
Grants, donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
10
Total Income
Expenditure
Charitable activities
6
Total Expenditure
Net income/(expenditure) before
transfers
Transfers between Funds
Management Fees & Full cost
recovery recharges
Total Transfers between Funds
17
Net income/(expenditure) before
other recognised gains and losses
Net Gains/(losses) on investment
13
Net movement in funds
Reconciliation of Funds:
Funds brought forward at 1 April
Total funds carried forward at 31
March
17		 2022
Unrestricted Funds
2022
Restricted
2022
Total
2021
Unrestricted Funds
2021
Restricted
2021
Total
Designated
General
Funds
Funds
Designated
General
Funds
Funds
£
£
£
£
£
£
£
£
-
5,401
193,298
198,699
-
30,689
239,337
270,026
-
11,350
-
11,350
-
13,092
-
13,092
-
20,635
-
20,635
-
13,697
-
13,697
-
1,499
-
1,499
-
1,508
-
1,508
-
38,885
193,298
232,183
-
58,986
239,337
298,323
-
(97,336)
(171,793)
(269,129)
-
(68,109)
(234,701)
(302,810)
-
(97,336)
(171,793)
(269,129)
-
(68,109)
(234,701)
(302,810)
-
(58,451)
21,505
(36,946)
-
(9,123)
4,636
(4,487)
7,308
(6,374)
(934)
-
(19,044)
17,841
1,203
-
32,018
(32,018)
-
-
46,906
(46,906)
-
7,308
25,644
(32,952)
-
(19,044)
64,747
(45,703)
-
7,308
(32,807)
(11,447)
(36,946)
(19,044)
55,624
(41,067)
(4,487)
-
(3,692)
-
(3,692)
-
2,358
-
2,358
7,308
(36,499)
(11,447)
(40,638)
(19,044)
57,982
(41,067)
(2,129)
27,026
322,547
17,852
367,425
46,070
264,565
58,919
369,554
34,334
286,048
6,405
326,787
27,026
322,547
17,852
367,425

The notes on pages 16 to 32 form part of these financial statements.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Balance Sheet
as at 31 March 2022
Notes
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
Total Assets less Current
Liabilities
Financed by:
Restricted funds
17
Unrestricted funds:
Designated funds
16
Other Charitable funds
17		 £
137,084
156,133		 2022
£
191,333
49,330
240,663
86,124
326,787
6,405
34,334
286,048
326,787		 £
4,697
184,200		 2021
£
192,497
51,541
244,038
123,388
293,217 188,897
(207,093) (65,510)
367,425
17,852
27,026
322,547
367,425

For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The financial statements were approved by the Board on 15 November 2022

Signature removed for security purposes

Mr. A Ransome – Chairman

The notes on pages 16 to 32 form part of these financial statements.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

1. Accounting Policies

1.1 Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the provisions of the Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS102) (effective January 2019) and other applicable accounting standards have been implemented wherever possible, having regard to the overriding requirement that the accounts should comply with the Companies Act 2006.

The company has chosen not to adopt Financial Reporting Standard 102 in its treatment of the redundancy provision shown in Note 13. Adherence to FRS 102 would have resulted in no provision being made in the financial statements and no disclosure being made. As a result of non-adoption of FRS 102 the Balance Sheet total is understated by £6,516 (2021: £17,933) and the Net Movement of Funds as reported in the Statement of Financial Activities is understated by £11,417 (2021: overstated £617).

In addition, grants and contracts received of a revenue nature are accounted for on the accruals basis and credited to Incoming Resources in the Statement of Financial Activities when the company is legally entitled to the income, the amount can be quantified with reasonable accuracy and the grant relates to the relevant time period. Therefore, grants received in advance may be deferred to future time periods. This is a departure from the Charities SORP (FRS102) in order to ensure that the accounts of the Charity provide a “True and Fair” view. The Trustees considered the requirement to recognise income when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. Due to some grants/contracts being received in advance this would distort the Net Surplus/(Deficit) figures which could jeopardise the Charity’s position when applying for contracts. All deferred income is shown in Note 15. (b).

1.2 Company status

The charity is a company limited by guarantee. The members of the company are the directors named on page 3.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

1.3 Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Services provided, investment income and rents are accounted for on the accrual’s basis. Other income is accounted for when received. All income is shown gross with associated costs included in expenditure.

Grants received to fund the purchase of fixed assets are credited to the Statement of Financial Activities when the Company is legally entitled to the income. The related expenditure is charged to Fixed Assets in the Balance Sheet.

Grants received of a revenue nature are accounted for on the accruals basis and credited to Incoming Resources in the Statement of Financial Activities when the company is legally entitled to the income, the amount can be quantified with reasonable accuracy and the grant relates to the relevant time period. Therefore, grants received in advance may be deferred to future time periods. This is a departure from the Charities SORP (FRS102) in order to ensure that the accounts of the Charity provide a “True and Fair” view. The Trustees considered the requirement to recognise income when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. Due to the payment of some grants received in advance this would distort the Net Surplus/(Deficit) figures which could jeopardise the Charity’s position when applying for contracts.

Grants received and held by the Company prior to making grants to smaller charitable concerns are treated as deferred income. The Trustees considered the requirement to recognise income when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. Due to the payment of some grants received in advance this would distort the Net Surplus/(Deficit) figures which could jeopardise the Charity’s position when applying for contracts.

1.4 Resources expended.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of the resources.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

1.5 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation on other assets is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life (except as detailed below) as follows:

1.6 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 charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the directors for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

1.7 Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses on the revaluations and disposals throughout the year.

1.8 Operating leases

Rentals applicable to operating leases are charged to the SOFA over the period in which the cost is incurred.

1.9 Going Concern.

The financial statements have been prepared on a going concern basis.

2. Income and Expenditure Account

The company is a registered charity and so achievements cannot be measured by normal commercial criteria. Accordingly, the Directors consider that it would be inappropriate to present a Profit and Loss Account in one of the formats set out in the Companies Act 2006. Therefore, as permitted by the Companies Act, in order to reflect the special nature of the company's activities, the Directors are of the opinion that it would be more appropriate to present an Income and Expenditure Account.

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements

for the year ended 31 March 2022

3. Donations, grants and legacies

Grants
Donations
Membership fees		 2022
Unrestricted
Funds
£
2,901
-
2,500
5,401		 2022
Restricted
Funds
£
193,298
-
-
193,298		 2022
Total
Funds
£
196,199
-
2,500
198,699		 2021
Unrestricted
Funds
£
27,869
-
2,820
30,689		 2021
Restricted
Funds
£
238,337
1,000
-
239,337		 2021
Total
Funds
£
266,206
1,000
2,820
270,026

4. Income from charitable activities

Services to the VCSE
Training
Common Treasury		 2022
Unrestricted
Funds
£
10,536
800
14
11,350		 2022
Restricted
Funds
£
-
-
-
-		 2022
Total
Funds
£
10,536
800
14
11,350		 2021
Unrestricted
Funds
£
12,932
160
-
13,092		 2021
Restricted
Funds
£
-
-
-
-		 2021
Total
Funds
£
12,932
160
-
13,092

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067

Charity No: 1063019 Notes to the Financial Statements for the year ended 31 March 2022

5. Income from other trading activities

Rent and Miscellaneous
6.
Total Expenditure
(a)
Analysis of total expenditure -
Staff Costs
Volunteer Expenses & DBS Checks
Premises & Office Costs
Staff Training
Travel
Grants Given out
Project costs
Accountancy Fees
Consultancy Fees
Professional & Legal Fees
Depreciation
Total unrestricted expenditure		 2022
Unrestricted
Funds
2022
Restricted
Funds
£
£
20,635
-
20,635
-
Charitable Activities
2022
Unrestricted
Funds
2022
Restricted
Funds
£
£
76,518
676
18,269
100,454
390
2,180
396
39
2,560
986
-
42,693
-
15,298
992
-
-
280
296
5,938
150
1,014
97,336
171,793		 2022
Total
Funds
£
20,635
20,635
2022
Total
Funds
£
176,972
1,066
20,449
2,956
1,025
42,693
15,298
992
280
6,234
1,164		 2021
Unrestricted
Funds
£
13,697
13,697
2021
Unrestricted
Funds
£
47,533
336
13,255
460
154
-
-
2,004
-
4,217
150
68,109		 2021
Restricted
Funds
£
-
-
2021
Restricted
Funds
£
153,643
8
2,330
-
395
54,074
21,062
-
-
2,175
1,014
234,701		 2021
Total
Funds
£
13,697
13,697
2021
Total
Funds
£
201,176
344
15,585
460
549
54,074
21,062
2,004
-
6,392
1,164
302,810
269,129

20 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements or the year ended 31 March 2022

7. Staff Costs

Wages and salaries
Social Security
Employers Pension Contributions
Redundancy payments
Redundancy Provision adjustments
CEO Secondment
Outsourced Payroll services
Outsourced Bookkeeping &
Accountancy		 Total
2022
£
142,270
5,524
2,555
16,572
(11,417)
6,714
3,468
11,286
176,972		 Total
2021
£
183,063
6,856
3,323
8,551
(617)
-
-
-
201,176

8. Staff Costs Average number of paid staff

----- Start of picture text -----
2022 2021
Heads Full time Heads Full time
equivalent Equivalent
Project staff - full time - - - -
- part time 9 5 13 4
Administration - full time - - - -
- part time 4 3 7 3
13 7 20 7
----- End of picture text -----

There are no higher paid staff.

9. Operating surplus

The operating surplus is arrived at after charging:

Depreciation – owned assets
Directors’ emoluments
Directors’ travelling expenses
Independent Examiner’s remuneration		 Total
2022
£
1,164
-
-
992
2,156		 Total
2021
£
1,164
-
-
1,000
2,164

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VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

10. Interest receivable and similar income

Distributions on listed unit trusts
Interest on Bonds
Bank interest		 Total
2022
£
-
1,481
18
1,499		 Total
2021
£
-
1,464
44
1,508

11. Taxation

As a charity the company is exempt from Corporation Tax.

12. Tangible Fixed Assets

Cost
At 1 April 2021
Additions
Disposals
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
On disposals
At 31 March 2022
Net Book Value
At 31 March 2021
At 31 March 2022		 Freehold
Land &
Buildings
£
190,200
-
-
190,200		 Contents &
Equipment
£
29,674
-
-
29,674		 Total
£
219,874
-
-
219,874
-
-
-
-
190,200
190,200		 27,377
1,164
-
28,541
2,297
1,133		 27,377
1,164
-
28,541
192,497
191,333

In April 2011 the Company purchased the freehold to its premises. The freehold property has been retained at market value which coincidentally is the same as the original purchase cost. A designated property reserve has been created to provide for expenditure which may be required.

13. Investments

Market value at 1 April 2021
Income reinvested
Decrease in market value
Market value at 31 March 2022		 IM CAF
Fixed
Interest
£
51,541
1,481
(3,692)
49,330		 Total
2022
£
51,541
1,481
(3,692)
49,330

22 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

14.
Debtors
Trade debtors
Prepayments and accrued income		 2022
£
117,313
19,771
137,084		 2021
£
3,393
1,304
4,697

15. Creditors: Amounts falling due within one year

Trade creditors
Accruals
Deferred income
Other taxes and social security
Other creditors: redundancy provision		 2022
£
63
2,108
198,406
-
6,516
207,093		 2021
£
687
2,116
44,774
-
17,933
65,510

15. b Deferred Income

The following income has been deferred into future years:

----- Start of picture text -----
Income Reason Total Total
2022 2021
£ £
Lincolnshire Community Received in advance for next - 3,500
Foundation – Alliance accounting year (matching concept)
Funding
Family Foundations Received in advance for next - 9,429
Lloyds accounting year (matching concept)
Humber & Wolds Received in advance for next - 2,500
accounting year (matching concept)
Winterton 2022 Received in advance for next 215 9,272
accounting year (matching concept)
Social Prescribing Received in advance for next 8,500 19,066
accounting year (matching concept)
Capacity Builder Received in advance for next 113,000 -
accounting year (matching concept)
National Lottery – Received in advance for next 10,000 -
Volunteer Centre accounting year (matching concept)
Community Youth Received in advance for next 66,179 -
accounting year (matching concept)
----- End of picture text -----

23 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

----- Start of picture text -----
Net Covid 19 Fixed Asset Funding to be released 186 366
in line with Depreciation (matching
concept)
National Lottery Fixed Asset Funding to be released 154 302
Community Fund – in line with Depreciation (matching
Funding Advice concept)
Social Prescribing Fixed Asset Funding to be released 172 339
in line with Depreciation (matching
concept)
198,406 44,774
----- End of picture text -----

16. Designated funds

Balance at 01 April 2021
From/Released to general
Funds
Balance at 31 March 2022		 Core Costs
Reserve
£
17,026
7,308
24,334		 Property
Fund
£
10,000
-
10,000		 Total
2022
£
27,026
7,308
34,334		 Total
2021
£
46,070
(19,044)
27,026

A brief description of the designated funds is shown below:

Core Costs Reserve

VANL maintains a designated core costs reserve to ensure a sufficient buffer to enable effective financial decision-making rather than short term decisions. The Executive Committee decided for this to be three months core running costs.

Property Fund

VANL have property fund of £10,000 which is for maintenance of the building.

17. Accumulated funds

Balance at 01 April 2021
Movement in funds for
the year
Transfers for Recharges
Transfers between funds
Balance at 31 March 2022		 Unrestricted funds
Designated
Funds
General
funds
£
£
27,026
322,547
-
(62,143)
32,018
7,308
(6,374)
34,334
286,048		 Restricted
Funds
£
17,852
21,505
(32,018)
(934)
6,405		 Total
£
367,425
(40,638)
-
-
326,787

24 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

Accumulated funds: Analysis of net assets between funds

Fixed assets
Current assets
Current liabilities
Net Assets		 Unrestricted funds
Designated
Funds
General
funds
£
£
-
190,287
34,334
104,480
-
(8,719)
34,334
286,048		 Restricted
Funds
£
1,046
203,733
(198,374)
6,405		 Total
£
191,333
342,547
(207,093)
326,787

25 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

17. Accumulated funds (continued) Restricted Funds

BABES Volunteers
National Lottery Community Fund Funding
Advice Volunteer Centre
National Lottery Community Fund and European
Structural funds - BBO Project – Move
National Lottery Community Fund - Family
Foundations North Lincs
Family Foundations Lloyds
D&A Users & Carers
Health Trainers
HCV VCSE Steering Group Nth Lincs Alliance
Lincolnshire Com Foundation Alliance
NET Covid 19
NLC Shaping Places
Winterton 2022 – Big Local Fund
Humber Coast & Vale Suicide Prevention
Sanctuary Breaks
Scunthorpe Rotary Club
Social Prescribing		 Balance at
01 April 21
£
598
8,682
472
6,335
351
700
143
-
-
-
-
-
326
245
-
17,852		 Incoming
£
-
148
23,037
(5,700)
9,429
-
-
2,500
3,500
180
2,180
132,636
2,815
-
-
22,573
193,298		 Outgoing
£
-
(8,716)
(20,647)
(309)
(6,172)
-
-
(1,500)
(3,500)
(180)
(1,280)
(110,177)
-
(126)
(250)
(18,936)
(171,793)		 Full Cost
Recovery/
Management
Recharges
Transfers
£
£
-
-
(103)
(11)
(3,105)
1,004
-
-
(1,681)
(1,927)
-
-
-
-
(1,000)
-
-
-
-
-
-
-
(22,492)
-
-
-
-
-
-
(3,637)
-
(32,018)
(934)		 Balance
at
31 March
22
£
598
-
761
326
-
700
143
-
-
--
900
(33)
2,815
200
(5)
-
6,405

26 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

17. Accumulated funds continued – Restricted Funds

A brief description of each of the restricted funds is given below. Full Cost Recovery/Management Recharges are based on the amounts negotiated with each funder at the point of applying for funds:

BABES volunteers

Restricted funding was received from North Lincolnshire Council to provide expenses for volunteers to support mums with maintaining breastfeeding.

National Lottery Community Fund Funding Advice Volunteer Centre

COVID-19 emergency funded project ‘Supporting North Lincolnshire’ aimed to help VANL and the wider sector survive the impact of loss of income due to COVID-19 by sustaining and developing support for the VCSE to enhance the respond to the crisis. This project has enabled VANL to re-start volunteering brokerage to make the most of the volunteers coming forward to help, and provide community development and funding support to the sector to help it not only survive the crisis but also respond the new needs, including the need to work in a different way. The project also supported the development of the VCSE Alliance.

A transfer of £11 was made to Core for residual funds at the end of the project in agreement with the funder.

National Lottery Community Fund and European Structural funds - BBO Project – Move

The Greater Lincolnshire Move Project is a partnership project led by Urban Challenge and funded by European Structural Funds matched with funding by the National Lottery Community Fund. The Building Better Opportunities project aims to help those people furthest away from employment to identify, address and overcome barriers to finding paid work.

A transfer of £1,004 was made to this project to cover the costs of the mobile phone expenditure which was disallowed.

27 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

17. Accumulated funds continued – Restricted Funds

National Lottery Community Fund Family Foundations North Lincs

Restricted funding was received from the National Lottery Community Fund for the Family Foundations project which has been designed by parents and partner agencies to support parents who are in or committed to recovery from drugs and or alcohol addictions.

The service helps parents to decide on their life goals in many areas of their life, including:

At the end of the project the balance of the funds were returned to the funder.

Family Foundations Lloyds

This grant matched the residue of National Lottery Community Fund Reaching Communities Funding for Family Foundations, to extend the funding and impact of the work of the project supporting families in which 1 or more parents or carers are in recovery from substance misuse. The funding enabled the Team to change to meet the needs emerging as a result of the pandemic and to transform the support to enable it to continue, despite the lock down situation.

A transfer of £1,927 was made to Core for residual funds at the end of the project in agreement with the funder.

D&A Users & Carers

The Drug & Alcohol Users & Carers residue of funding to provide training, small travel and subsistence expenses for volunteers and Carers.

Health Trainers

The Health Trainer Program project is funds received from the North Lincolnshire NHS CCG and North Lincolnshire Council to fund volunteer expenses incurred in supporting the Health Trainer service.

28 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

17. Accumulated funds continued – Restricted Funds (continued)

HCV VCSE Steering Group Nth Lincs Alliance

This grant was administered by HWRCC to match the funding from National Lottery Community Fund Covid fund as above and Lincolnshire Community Fund. The funding contributed to the costs of consultancy work focused on the development of the North Lincolnshire VCSE Alliance to support it to consolidate the position it had achieved over the pandemic as key Place Partner and develop to enhance its role moving forward

NET Covid 19

This funding from the National Emergencies Trust helped VANL to mobilise really quickly to support the sector to respond to the pandemic situation and to gather information on what that impact was to feed into national, regional and local structures, including the National Emergencies Trust, the North Lincolnshire Place Partnership and NAVCA. Outcomes included setting up a information sharing site for the sector and volunteers and the at least twice weekly updates on emergency funding to support the sector through the crisis, government and Charity Commission Guidance and much more.

Winterton 2022 – Big Local Fund

We have continued to support Winterton 2022 as their Local Trusted Organisation and our role is to support them to develop ideas into activities and administer the project and manage the funds. The Town was awarded £1 million of National Lottery Community Fund funding managed by The Big Local Trust to take forward their 10-year plan.

Humber Coast and Vale Suicide Prevention

Funding was received from the Humberside Coast and Vale for Suicide Prevention work in Winterton.

Sanctuary Breaks

VANL received funding to employ a Coordinator to deliver the project. The Sanctuary Breaks scheme is a project of the Greater Lincolnshire Area of Sanctuary. The scheme offers daylong, weekend or week-long breaks in Greater Lincolnshire for asylum seekers/refugees from dispersal cities/towns (such as Leeds, Leicester, Doncaster). Asylum seekers/refugees are placed with host families and enjoy practicing English, learning about English culture, trips to the seaside and into the countryside, and engaging with a welcoming, local community through shared activities.

29 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

17. Accumulated funds continued – Restricted Funds (continued)

Scunthorpe Rotary Club

The Scunthorpe Rotary Club donated funds to create a Small Grant Fund managed by VANL to provide essential items to vulnerable people who fall outside government identified and supported groups during the pandemic and lockdown. Applications were accepted from people who under normal circumstances would be able to afford to purchase the items, however due to the situation, or because they are not able to leave the house because they are in a vulnerable group outside of shielding, or are ill or self isolating because of exposure to the virus and/or have no access to remote payments.

Grants were used to purchase food, furniture in the case of re-housing and communications equipment so people could access medical/mental health support and children could take part on on-line schooling.

During the year 4 grants were provided to individuals in need through an agency supporting them.

Social Prescribing

This project enables more people to link into community activities via a social prescription, by:

18. Contingent liabilities

There were no contingent liabilities.

30 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

19. Directors' Remuneration

There was no remuneration paid to Directors during the year, (2021 - £0).

No remuneration was paid or payable for the year to any other director or to any person or persons known to be connected with any of them.

There was no reimbursement of travel expenses made to directors in respect of the year, (2021 - £0).

20. Other related party transactions

During the year the Company had no related party transactions with its trustees and officers and the organisation they represent on the Board of Voluntary Action North Lincolnshire Limited or alternatively organisations in which they hold an officer position which is not individually represented on the Board of Voluntary Action North Lincolnshire Limited.

21. Members

The liability of the members is limited.

Every member of the Company undertakes to contribute such amount as may be required, not exceeding £10, to the company’s assets if it should be wound up while they are a member, or within a year after they cease to be a member. This is for the payment of the Company’s debts and liabilities contracted before they ceased to be a member and of the

costs, charges and expenses of winding up and for the adjustment of the rights of the contributories among themselves.

If the company is wound up or dissolved and after all its debts and liabilities have been satisfied there remains any property, it shall not be paid to or distributed among the members of the Company but shall be given or transferred to another charity or charities having objectives similar to the objects of the Company.

31 | P a g e

VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED

Company No: 3346067 Charity No: 1063019

Notes to the Financial Statements for the year ended 31 March 2022

22. Going Concern

The trustees are conscious that the majority of its funders are either directly or indirectly funded by a series of Government sponsored programs. The Company has taken steps to reduce expenditure and seek to diversify its income savings by providing relevant services and actively seeking alternative funding sources.

Towards the end of the year VANL were awarded a three year contract from North Lincolnshire Council to expand Capacity Building Services for VCSE organisations in North Lincolnshire and a 1 year contract to support the development of Youth Volunteering and Social Action Projects and additional Capacity building activities aimed specifically at VCSE organisations working with young people.

The Trustees are exploring a merger with East Riding Voluntary Action Services (ERVAS) Ltd and toward the end of the year developed a shared CEO model following the retirement of the long standing CEO Carole Phillips, Sian Broughton, was seconded into this position on a part time basis from the beginning of January 2022. The decision whether or not to merge will be taken to the membership in the next accounting period.

32 | P a g e