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← Swansea C V S

2025-03-31-accounts

Company Number: 03346236 Charity Number: 1063242

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

CONTENTS

Page
Company Information 1
Annual Report of the Trustees (Director's Report) 2 - 8
Auditors Report 9 - 13
Statement of Financial Activities 14
Balance Sheet 15
Statement of Cash Flows 16
Notes to the Accounts 17 - 36

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

LEGAL AND ADMINISTRATIVE DETAILS

Name: Swansea Council for Voluntary Service

Status:

Charity established as a company limited by guarantee (Number 03346236) on 7th April 1997, registered with the Charities Commission (Number 1063242).

Principal Address: SCVS Voluntary Action Centre, 7 Walter Road, Swansea, SA1 5NF

Charity Objects:

The charity is established to support other voluntary organisations and encourage good practice and effective liaison and partnership with statutory and private sectors.

Chairperson

Members of the board

Cherrie Bija

Company Secretary

Janelle Bentley

Chief Executive

Amanda Carr

Yolanda Barnes Cherrie Bija (Chair) Megan Griffiths (from 28/4/25) Dr Caroline Hagerman Jane Harris Thanuja Hettiarachchi Lloyd Jones (Vice Chair) Chris Mann (Treasurer) Courtney Mitchell

Local Authority Representatives (non voting)

Senior Statutory Auditor

Councillor Alyson Anthony Councillor Jan Curtice Councillor Hayley Gwilliam

Llinos Williams

Auditors

Bankers

Unity Trust Bank plc PO Box 7193 Planetary Road Willenhall WV1 9DG

Bevan Buckland LLP Senior Statutory Auditor Cardigan House Castle Court Swansea Enterprise Park, SA7 9LA

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

TRUSTEES' REPORT

Trustees’ report for the year ended 31 March 2025

The Trustees have pleasure in presenting their annual report together with the audited financial statements of the charity for the year ended 31 March 2025.

The financial statements comply with the Companies Act 2006, the Charities Act 2006, and the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP FRS 102).

Statement of Trustees responsibilities

The trustees (who are also the directors of Swansea Council for Voluntary Service for the purposes of company law) are responsible for preparing the Report of the Trustees 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 which 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 those financial statements, the trustees are required to:

The trustees 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The Trustees have given careful consideration to the Charity Commission's general guidance on public benefit and believe Swansea Council For Voluntary Service's (SCVS) achievements for the year against its aims and objectives support this.

Our Mission Statement

Swansea Council for Voluntary Service exists to promote, support and develop the Third Sector to maximise its potential for:

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

TRUSTEES' REPORT

Our Strategic aims:

Being the ‘go to’ people for everyone in Swansea to come to, accessing the voice and expertise of the sector and communities.

Modelling and championing excellence. Being the catalyst for sector improvement, seeking to acquire resources for onward distribution to the sector.Sharing knowledge, best practice and policy.

Promote social inclusion ensuring all voices being listened to and supporting individuals and communities to realise their own aspirations.

The values which guide the way we work are to be:

Honest, Open and Fair

We are…

Professional and responsible, offering objective input to all of our stakeholders.

Transparent and accountable in all our processes.

We champion equality and diversity and are committed to social justice.

Independent and democratically governed.

People focused and engage others in decision making processes.

Collaborative, Supportive and Encouraging We...

Support the sector to develop its potential and demonstrate its impact.

Believe in developing strong partnerships across all sectors, promoting and supporting effective relationships.

Support the sharing of knowledge, skills and resources.

Encourage diversity and innovation in thinking.

Leading, Challenging and Responsive

We...

Encourage continuous learning and development.

Are open and receptive to change and actively seek new ways of working. Model excellence.

Are environmentally, economically and socially sustainable, using our resources in the best way possible.

SCVS Organisational Structure and Governance arrangements

The company is limited by guarantee and does not have a share capital. The Governing documents are the company’s Articles of Association.

The Charity is run by the Board of Trustees who meet formally a minimum of six times a year. The current Chair is Cherrie Bija, who was appointed following the death of Alun Evans.

The legal and administrative details of the charitable company and details of the trustees currently holding office, registered office, auditors and principal bankers are shown on page 1. The principal objective of the charity is also shown on page 1.

The organisation is led by its chief officer Amanda Carr.

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TRUSTEES' REPORT

SCVS Organisational Structure and Governance arrangements (cont)

Trustees of the organisation are elected by our membership with nominations received from member organisations. Trustees may also be co opted as outlined in our Articles of Association which also provides the framework for the period of office for Trustees.

New Trustees are provided with a full induction which covers an introduction to the organisation as well as the role and responsibilities of Trustees. In addition to induction training, Trustees have access to ongoing learning and development opportunities with needs identified via a skills audit and via the Trustee appraisal process. During the period Trustees also attended a range of governance training and events.

Unfortunately during the year our longstanding Chair, Alun Evans died. We pay tribute to Alun who had been involved with SCVS since 1998 and was a passionate advocate for the voluntary sector.

SCVS Activities

Our services fall into three main categories-

  1. Our ‘core’ services supporting the voluntary sector

  2. Our volunteer involving projects

  3. Community development, community signposting, social prescribing and health related issues

1. Core services provided by SCVS

Our core services are funded in part via Welsh Government as part of TSSW (Third Sector Support Wales) - the partnership of CVCs and WCVA offering infrastructure support across Wales.

We also have a contract on behalf of Swansea Council delivering support to local voluntary community and other 3[rd] sector organisations and we receive funding from Swansea Bay University Health Board.

SCVS provides a range of community development and business support services to groups operating within the county. These core services include good governance support, funding advice, support with all aspects of volunteer involvement, a training programme to support the learning needs of local groups and organisations and support for organisations to engage with and influence policy and other strategic decisions.

SCVS manages a number of grant funds on behalf of others, enabling 3rd sector groups and organisations to lever additional funding.

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

TRUSTEES' REPORT

2. Volunteer involving projects

SCVS runs a number of volunteering projects, supporting a range of community members, services are delivered by volunteers who are managed by volunteering development officers.

Our projects include:

Mental Health and Wellbeing - supporting people who have current and enduring mental health needs in both community and hospital settings.

Transcend - volunteers on this project are recruited to provide peer support, as people who are progressing on a mental health recovery journey and are matched with those at the start of their own journey.

Interact - provides befriending support to community members and those referred by social services.

Wassup - provides support to looked after children.

Better Welcome to Swansea - is a project in partnership with Swansea City of Sanctuary and recruits volunteers to support newly arrived sanctuary seekers, supporting people to orientate within their new home location and to integrate into local communities.

3. Community development, community signposting, social prescribing and health related services.

‘Our Neighbourhood’ and social prescribing services. Both focus on a strengths and asset focussed approach, on a local geographic footprint, aligned with that of the GP Clusters.

ONA (Our neighbourhood) development officers provide development support to bring together local people to make changes in their own communities and to link people with others, recruiting volunteers and supporting the development of low level services.

Social prescribers work alongside local GP practices, receiving referrals for low level emotional wellbeing support and enabling those referred to access local support within communities.

Penderi Young People’s Project offers support to those referred by GP’s into the service as a social prescribing approach for young people living within the Penderi cluster area.

Cwmtawe Complex Needs Project works in a similar way, but with adults with complex needs and from GP surgeries in the Cwmtawe cluster area.

Hospital discharge service provides brokerage to community based services including essential and urgent home support upon discharge from hospital, essentially a one stop shop for professionals navigating safe discharge.

Dementia and carer project provides people living with dementia, and their carers, an opportunity to engage socially in the community, access community resources with the support of a volunteer.

BME Health Project supports the health board and local authority to engage with people from marginalised communities in relation to health messaging, health and wellbeing.

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TRUSTEES' REPORT

3. Community development, community signposting, social prescribing and health related services (cont.)

Communities Together supports the development of micro enterprises that support people with low level care and support to be able to remain in their own homes.

Swansea Poverty Truth Commission (SPTC) hosted by SCVS aims to place those affected by poverty at the heart of decision-making about poverty.

Other activities during the reporting period

During the period SCVS secured £1 million from the Local Authority allocated ‘Levelling Up’ SPF funds to establish a grant fund for the sector.

SCVS ran a crowd funding campaign to support those affected by the Morriston fire, total funding distributed to the impacted residents was almost £50,000.

SCVS worked closely with statutory partners and Welsh Government to establish the first Multibank in Wales which was established as a Faith in Families project. The Multibank- ‘Cwtch Mawr’ distributes surplus and returned goods to individuals in need.

Achievements, Performance and Feedback

SCVS is proud to continue to be a Real Living Wage employer

SCVS achieved the Silver award in the Diverse Cymru Cultural Competence scheme.

The SCVS / Cwmtawe Cluster Complex Needs project won the Delivering Person-Centred Services in the NHS Wales awards.

SCVS 2024 / 25 statistical snapshot

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

TRUSTEES' REPORT

Feedback from those accessing our services:

"The SCVS Micro Enterprise Directory has been a godsend to us as a family. Having been discharged on the same day as being in theatre the Emergency Duty Social Worker in Swansea was also key in flagging my health and social care needs. The SCVS Directory allowed us to interview 4 small companies in a day, we selected two and they actually started this morning which enables my son to return to his demanding job in London tomorrow - ten days after the accident."

"I have wanted to express my gratitude to you for everything you have helped me with, I haven't felt suicidal or worthless for so long now that I can't really remember when this changed, but I do know that I was utterly defeated when I first spoke with you and now thanks to all the things you have organised and people you've had help me I now have hope for the future for the first time in my life. I don't have the words to express my gratitude properly but I know not all superheroes wear capes but I think you deserve one."

"Well, literally just in! Postcode News. WE GOT IT. £25k! I have to keep opening it in case I read it wrong, but no, we got it!! Thank you so much for the support. I am definitely in shock!!"

"Can I just say what an amazing team you have at the SCVS! Since becoming a registered member, we have received immediate, useful and detailed support from your very kind staff. I can best liken it to being on a first-class flight and having extra blankets, refreshments and everything I need sent my way to make my journey as smooth as possible."

Future Plans

We will continue to look for opportunities to increase use of our buildings on Walter Rd, this will involve replacing our current lift to enable full access to all floors.

In response to feedback from the sector, we will look to facilitate opportunities for groups to diversify their income streams. We will consider lottery and payroll giving options that can be made widely available to the sector.

5. Financial Review

The total income of £2,842,503 (2024: £3,262,028) was spent on charitable activity expenditure totalling £2,799,558 (2024: £3,359,978) and other costs of £30,067 (2024: £12,000).

The Statement of Financial Activities reflects the income and expenditure incurred by Swansea Council for Voluntary Service in carrying out its role in respect of its objectives. The restricted funds at 31 March 2025 were £604,831 (2024: £472,861), designated funds were £392,879 (2024: £319,537), and unrestricted funds were £686,299 (2024: £878,733).

The trustees are pleased with the performance and progress made during the financial period, and consider the state of the charitable company’s affairs to be satisfactory.

Principal funding sources

The principal funding sources are by way of grant income from City and County of Swansea, Welsh Government, WCVA, SBUHB, and the West Glamorgan RPB.

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TRUSTEES' REPORT

Investment policy

When available, surplus cash is invested in short-term interest bearing accounts when available in order to maximise income but retain accessibility.

Reserves policy

The charity’s reserve policy is set out in Note 1k. During the year the trustees have reviewed the unrestricted reserves held, and the adequacy of those reserves. At the year end the trustees calculated provisions of £2,439,509 (2024: £2,137,257) which included provisions for building maintenance, capital equipment, staff redundancy pay, unfunded future staff costs and at risk work, litigation risk, disaster recovery and business continuity. The trustees work towards unrestricted reserves to meet these provisions. Although there is a shortfall of £1,360,331 (2024: £938,987) the trustees consider there to be adequate unrestricted reserves held by the charity.

Financial Statements

The company is a registered charity and so achievements cannot be measured by normal commercial criteria. Accordingly, the trustees 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, a Statement of Financial Activities has been presented.

Charitable status

The company is a registered charity (number 1063242) and as such is not subject to United Kingdom taxation.

Risk management in the company

A key element in the care and diligence expected of the charitable company and therefore one of the main responsibilities of the trustees is to assess the risks affecting the company as carefully and comprehensively as possible. This obligation includes careful consideration and assessment of risks affecting the company’s assets and its financial position.

The director has in place a risk management system to permanently cover significant risks (ensuring suitable assessment of the risks), providing reports to the trustees as appropriate, in order to ensure that risks are taken into account in the context of all relevant decisions. Factors carefully examined and assessed include for example the impact of the timing of grants which are expected to be provided to the company in future periods and the effect this is likely to have on the company’s budgets and cash flow forecasts.

ON BEHALF OF THE BOARD :

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................................................................
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Chairperson - Cherrie Bija

......................Date 28th July 20 25 .......................

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS AND TRUSTEES OF SWANSEA COUNCIL FOR VOLUNTARY SERVICE

OPINION

We have audited the financial statements of Swansea Council For Voluntary Service (the 'charity') for the year ended 31 March 2025 which comprise a Statement of Financial Activities, Statement of Financial Position, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. In our opinion the financial statements:

BASIS OF 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 Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Association in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’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

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, indivually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twevle months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS TRUSTEES OF SWANSEA COUNCIL FOR VOLUNTARY SERVICE

OTHER INFORMATION

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, 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 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.

OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken during the course of the audit:

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS TRUSTEES OF SWANSEA COUNCIL FOR VOLUNTARY SERVICE

RESPECTIVE RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Statement of Trustee's Responsibilities, 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 the 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 charity's ability to continue as a going concern, disclosing, as applicable, matters relating 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.

AUDITOR'S RESPONSIBITLIES FOR THE AUDIT OF FINANCIAL STATEMENTS

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 a Report of Independent Auditors 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.

EXTENT TO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DETECTING IRREGULARITIES, INCLUDING FRAUD

We identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, and then, design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion

We discussed our audit independence complying with the Revised Ethical Standard 2024 with the engagement team members whilst planning the audit and continually monitored our independence throughout the process.

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS TRUSTEES OF SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Identifying and assessing potential risks related to irregularities.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

Audit response to risk identified

In addition to the above, our procedures to respond to risks identified included the following:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit

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 Report of the Independent Auditors.

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS TRUSTEES OF SWANSEA COUNCIL FOR VOLUNTARY SERVICE

USE OF OUR REPORT

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members 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 charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

LLINOS WILLIAMS (SENIOR STATUTORY AUDITOR) FOR AND ON BEHALF OF BEVAN BUCKLAND LLP CHARTERED ACCOUNTANTS AND STATUTORY AUDITORS CARDIGAN HOUSE CASTLE COURT SWANSEA ENTERPRISE PARK SWANSEA SA7 9LA

DATE : 28th July 2025

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SWANSEA COUNCIL FOR VOLUNTARY SERVICE

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

Notes
Income and endowments from:
Donations and legacies
Charitable activities
2
Other trading activities
3
Investments
4
Total
Expenditure on:
Charitable activities
5-6
Other
3
Total
Net Income/(Expenditure) for the year
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
at 1 April 2024
Total funds carried forward
at 31 March 2025
15		 2025
Restricted
£
5,107
2,749,715
-
-
2,754,822
2,751,972
-
2,751,972
2,850
129,120
131,970
472,861
604,831		 2025
Unrestricted
£
4,359
53,255
20,040
10,027
87,681
47,586
30,067
77,653
10,028
(129,120)
(119,092)
1,198,270
1,079,178		 2025
Total
£
9,466
2,802,970
20,040
10,027
2,842,503
2,799,558
30,067
2,829,625
12,878
-
12,878
1,671,131
1,684,009		 2024
Total
£
33,620
3,216,408
12,000
-
3,262,028
3,359,978
12,000
3,371,978
(109,950)
-
(109,950)
1,781,081
1,671,131

All activities are continuing operations. There are no other gains or losses for the financial year.

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STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2025

Notes 2025 2024
£ £
Fixed Assets
Intangible Assets 10 3,051 8,810
Tangible Assets 11 368,501 308,596
Total Fixed Assets 371,552 317,406
Current Assets
Debtors 13 208,133 230,919
Investments 12 85,000 200,000
Cash at Bank and in Hand 1,463,408 1,227,054
Total Current Assets 1,756,541 1,657,973
Liabilities
Creditors: amounts falling due within one year 14 (444,084) (304,248)
Net Current Assets 1,312,457 1,353,725
Total Net Assets 1,684,009 1,671,131
The funds of the charity 15-18
Restricted Funds 604,831 472,861
Unrestricted Funds 1,079,178 1,198,270
TOTAL FUNDS 1,684,009 1,671,131

These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The financial statements on pages 15 to 36 were approved by the board of trustees on:

…………… Date 28th July 2025………………………

…………………………………….......

Chairperson - Cherrie Bija

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STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2025

Notes
Cash flows from operating activities:
Net cash provided by operating activities
19
Cash flows from investing activities:
Proceeds from sale of property, plant & equipment
Purchase of property, plant & equipment
Proceeds from sale of investments
Investment in Current Asset Investments
Net cash provided by / (used in) investing activities
Cash flows from financing activities:
Net cash provided by / (used in) financing activities
Change in cash and cash equivalents in the reporting
period
Cash and cash equivalents at 01/04/2024
Cash and cash equivalents at 31/03/2025
20		 Total funds
2025
£
208,039
-
(86,685)
-
115,000
28,315
-
236,354
1,227,054
1,463,408		 Total funds
2024
£
249,470
50
(27,127)
-
(200,000)
(227,077)
-
22,393
1,204,661
1,227,054

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES

a) Basis of Preparation of Financial Statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

b) Income

All incoming resources are included on the Statement of Financial Activities (SOFA) when SCVS is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Income from room hire is recognised when the hire takes place. Income from office space rental is recognised in the period to which it relates. Rent is charged In accordance with the terms of the rental agreement.

Donations and similar incoming resources represent monies received from charitable donations and gifts. These are recognised in the SOFA upon receipt.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably. Grants received for a specific purpose are treated as restricted funds.

c) Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by SCVS. This is normally upon notification of the interest paid or payable by the bank.

d) Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing SCVS to that expenditure, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category.

All costs allocated between expenditure categories are on a basis designed to reflect their resource usage. For some costs this means direct allocation to activities, other costs are apportioned, e.g. by staff time spent on the activity, or another equitable usage measure.

Charitable expenditure comprises those costs incurred in the delivery of SCVS' activities. This includes costs directly attributable and indirect support costs. Governance costs include those associated with meeting constitutional and statutory requirements of SCVS.

SCVS initially identifies the costs of its support functions. Support functions include back office services such as finance, personnel, payroll and governance which support SCVS' activities.

e) Taxation

SCVS is exempt from corporation tax on its charitable activities.

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES (CONT'D)

f) Fixed assets

Items of equipment & computer software costing over £1,000 are capitalised to the balance sheet as fixed assets. These are then depreciated in accordance with the rates set out below. All assets are included at cost less depreciation and impairment.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Buildings - 2% on cost Equipment - No depreciation in year of purchase then 33.3% on cost Computer Software - No depreciation in year of purchase then 33.3% on cost

The charity performs impairment testing where there are any indicators of impairment. Impairment is calculated as the difference between the carrying value and the recoverable value of the asset. If incurred, impairment is recognised immediately in the income statement.

g) Debtors

Debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any discount due.

h) Cash at bank and in hand

i) Current Asset Investments

Investment policy - when available, surplus cash is invested on a short-term notice deposit account, in order to maximise income but retain accessibility. This heading includes cash on deposit and cash equivalents with a maturity of less than on year.

j) Creditors and provisions

Creditors and provisions are recognised where SCVS has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

k) Reserves

SCVS' Board of Trustees have approved a formal Reserves Policy which states:

SCVS' reserves appear on its balance sheet and show how all of SCVS’ assets (and liabilities) have been funded. These reserves are made up of:

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES (CONT'D)

k) Reserves (cont.)

The levels of unrestricted reserves are reported within the management accounts to each quarterly meeting of the Board of Trustees. This is reviewed against the provision requirements above as part of the risk register review. This policy is reviewed annually.

l) Pension Scheme

m) Trustees Expenses

The Trustees consider that there is no material uncertainty about SCVS' ability to continue as a going concern.

SCVS is a charity and a company limited by guarantee. In the event of SCVS being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

q) Financial Instruments

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

19

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES (CONT'D)

q) Financial Instruments (cont.)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

q) Significant management judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results in the future may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected.

Estimation Uncertainty

The charity makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

Bad and Doubtful Debts

Provision is made against grant income and other income to the extent that they are consider by management not to be recoverable at their full value. The level of provision is based on historical experience and future expectations.

20

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

2
Analysis of Income from charitable activities
Grant Income
Wales Council for Voluntary Action (WCVA)
Core
GwirVol & Youth Grants
Safeguarding
Welsh Government [WG]
Poverty Truth Commission
West Glamorgan Regional Partnership Board [RPB]
Core
Admission Avoidance (Hospital Discharge Scheme)
Cwmtawe Dementia Carer
Homeshare
Our Neighbourhood Transformation Fund
SGO Kinship Care project
Social Care Recovery Micro Enterprise Fund
Social Enterprise Support
Social Value Forum
Sorted Supported
Swansea City of Sanctuary Welcome
City and County of Swansea
Core
Admission Avoidance (Hospital Discharge Scheme)
BAME Outreach secondment
GwirVol / Youth Grants
Involve
Looked after Children
Morriston Emergency Response fund
Our Neighbourhood Transformation Fund
Parent Carer Forum
Pathways to Work Secondment
Poverty Truth Commission
Safeguarding
SPF Community Anchor grant
SPF Community Transport Resource
Workways +
Swansea Bay University Local Health Board
Core
BAME Outreach secondment
Complex Needs Worker
Community Wellbeing
Cwmtawe, Llwchwr & Penderi Cluster grants
Health & Social Care (Building Strong Bridges)
Involve
Llwchwr Lifestyle Coach
Mental Health and Wellbeing
Mental Health Development
Our Neighbourhood Transformation Fund
Penderri Young People's Wellbeing
Social Prescribing
Support for People with Disabilities
Tidy Minds
Transcend 2 project
Gower College Swansea
Training
Innogy Renewables
Mynydd y Gwair Community Fund
Big Lottery Fund
BCT Clase 4 All Fund
Our Neighbourhood Transformation Fund
Other Grants
SPF Community Anchor grant
SPF Community Transport Resource
Mynydd y Gwair Community Fund
Homeshare Grant
Poverty Truth Commission
Swansea City of Sanctuary Welcome
Total
Other Charitable Income
Training course fees
Other
Total
Total Charitable Income		 2025
2025
2025
2025
2024
Restricted
Designated
Unrestricted
Total
Total
£
£
£
£
£
247,872
-
-
247,872
238,202
21,650
-
-
21,650
21,650
5,917
-
-
5,917
-
10,101
-
-
10,101
-
14,628
-
-
14,628
19,841
109,848
-
-
109,848
127,848
35,043
-
-
35,043
35,043
27,783
-
-
27,783
17,364
239,620
-
-
239,620
237,120
23,972
-
-
23,972
23,972
31,849
-
-
31,849
39,893
42,575
-
-
42,575
34,531
27,228
-
-
27,228
27,228
49,510
-
-
49,510
7,600
40,300
-
-
40,300
40,300
135,534
30,300
-
165,834
116,842
-
-
-
-
5,000
-
-
-
-
46,600
20,000
-
-
20,000
20,000
47,100
-
-
47,100
47,100
30,000
-
-
30,000
30,000
-
-
-
-
890
50,356
-
-
50,356
-
40,603
-
-
40,603
40,603
43,677
-
-
43,677
32,500
86,616
-
-
86,616
53,384
4,000
-
-
4,000
1,000
118,921
-
-
118,921
881,079
63,580
-
-
63,580
40,120
-
-
-
-
7,571
14,136
-
(2,917.00)
11,219
13,592
49,464
-
-
49,464
-
42,053
-
-
42,053
56,071
17,271
-
-
17,271
5,835
293,583
-
-
293,583
220,730
37,572
-
-
37,572
36,126
2,453
-
-
2,453
-
18,793
-
-
18,793
-
55,381
-
-
55,381
53,251
40,578
-
-
40,578
39,016
700
-
-
700
-
-
-
-
-
35,000
124,545
-
-
124,545
115,999
-
-
-
-
18,966
33,416
-
-
33,416
33,140
48,672
-
-
48,672
46,800
21,942
-
-
21,942
15,000
240,000
-
-
240,000
240,000
110,517
-
-
110,517
44,279
8,275
-
-
8,275
-
19,246
-
-
19,246
-
1,250
-
-
1,250
1,500
1,000
-
-
1,000
-
-
-
221
50
-
-
50
5,820
78
-
-
78
-
2,749,258
30,300
(2,917.00)
2,776,641
3,174,627
-
-
24,822
24,822
41,461
457
-
1,050
1,507
320
457
-
25,872
26,329
41,781
2,749,715
30,300
22,955
2,802,970
3,216,408

3 Income from other trading activities Income earned and expenditure from other activities relates to rent for surplus office space of £20,040 [2024 £12,000].

4 Income from investments Income earned from investments was interest on deposit accounts of £10,027 [2024 £0].

21

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

5 Analysis of expenditure on charitable activities

Activity (Project)
A01
Core
C16
Admission Avoidance (Hospital Discharge)
C05
BAME Outreach Secondment
B84
BCT Clase for All Fund
C25
Community Wellbeing
C07
Complex Needs Worker
A49
Co-Production Development
B82
Cwmtawe Dementia Carer
B68
Cwmtawe, Llwchwr & Penderi Cluster
B98
Foundational Economy
B19
Gwirvol Youth Development
A83
Health & Social Care (BSB)
C15
Homeshare Grant
A04
Involve Core
C26
Llwchwr Lifestyle Coach
C11
Loneliness and Isolation Fund
A10
Looked after Children (Wassup)
A31
Mental Health and Wellbeing
A05
Mental Health Forum
A15
Mental Health Info & Research
C18
Morriston Emergency Response fund
B53
Mynydd y Gwair Community Fund
B86
Our Neighbourhood Transformation Fund
B83
Parent Carer Forum
C20
Pathways to Work secondment
C08
Penderri Young People's Wellbeing 2
B94
Poverty Truth Commission
C23
Safeguarding
C17
SGO Kinship Care project
B64
Social Enterprise Support
C01
Social Prescribing Cluster
B88
Social Value Forum
C24
Sorted Supported
C21
SPF Comms Anchor 3rd Sector grants
C22
SPF Comms Transport Resource
B79
Swansea City of Sanctuary Welcome
A88
Swansea Volunteering Forum
C19
Tidy Minds
A34
Training
B56
Transcend 2 project
C14
WG Social Care Recovery Micro Enterprise Fund
B66
Workways +
B30
Youth Services Grant		 Project
staffing costs
Project
Activity costs
Grant
funding
costs
Premises
Costs
Support
costs
2025
Total
£
£
£
£
£
£
429,617
2,911
10,420
-
6,950
-
435,999
90,842
261
15,059
4,027
6,535
116,723
41,141
6,163
193
1,499
2,559
51,555
-
-
10,918
-
-
10,918
-
-
-
-
-
-
67,989
174
-
1,572
4,063
73,798
-
-
-
-
-
-
31,544
1,311
-
1,268
2,202
36,326
-
-
256,800
-
-
256,800
-
-
-
-
-
-
31,297
290
-
876
2,953
35,416
37,995
76
-
1,291
1,883
41,245
34,291
1,634
-
968
1,499
38,392
42,112
2,561
-
2,444
3,939
51,056
14,951
1,237
-
537
966
17,691
-
-
-
-
-
-
24,091
6,859
-
785
1,357
33,091
70,965
1,490
-
3,335
5,419
81,209
38,899
385
-
1,462
2,136
42,882
14,457
1,402
-
646
1,568
18,073
-
-
-
-
-
-
-
344
186,167
-
19,132
205,644
257,417
5,516
13,963
9,571
15,360
301,827
34,094
71
-
1,291
2,042
37,498
38,953
8
-
1,453
2,321
42,735
-
-
-
-
-
-
71,960
15,838
-
3,219
5,374
96,392
15,680
23
-
514
749
16,967
23,890
1,399
-
968
1,569
27,826
55,028
55
-
2,098
3,458
60,638
108,438
1,209
-
4,660
9,115
123,422
15,633
23
13,614
510
817
30,597
37,479
3,001
-
1,533
2,283
44,295
14,504
3
141,400
646
1,022
157,575
45,361
8,905
1,518
3,126
2,627
61,536
55,719
1,399
-
2,121
3,916
63,155
-
-
-
-
-
-
23,471
7,851
-
807
2,602
34,731
11,105
18,597
-
484
855
31,042
73,301
348
-
2,489
4,049
80,188
25,256
111
4,569
968
1,760
32,665
-
-
-
-
-
-
-
228
9,423
-
-
9,651
1,877,481
91,684
664,044
57,168
109,181
2,799,558		 2024
Total
£
395,038
131,747
46,377
57,445
5,835
53,898
6,689
34,442
226,868
5,020
39,384
32,453
34,715
49,459
-
5,461
36,585
58,544
41,628
18,686
39,270
149,348
237,120
44,439
31,958
48,766
96,280
25,202
49,911
141,060
44,726
6,499
879,978
40,120
51,798
33
21,020
29,231
85,467
39,893
10,093
7,491
3,359,978

Expenditure on charitable activities was £2,799,558 [2024: £3,359,978] of which £2,751,972 was restricted [2024: £3,342,926], £26,978 was designated [2024: £0], and £20,608 was unrestricted [2024: £17,052].

6 Analysis of support costs

Staffing costs
General administrative costs
IT support
Advertising & publicity
Bad debts written off/(recovered)
Audit fees		 General
Support
Governance
Total
£
£
£
128,980
51,883
180,863
Allocated on hours spent
46,714
46,714
Pro rata to staff hours
54,427
-
54,427
Pro rata to staff hours
-
-
-
Invoiced
-
-
-
As invoiced
-
8,040
8,040
Governance
230,121
59,923
290,044
Basis of apportionment		 2024
Total
£
141,240
54,478
50,207
20,598
-
9,420
275,943

22

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

7 Analysis of grant funding costs

Included under expenditure on charitable activities is the payment of grants to other organisations. These totalled £664,044 (2024: £1,384,287) and were paid to the following groups:

2025 2024
£ £
Admission Avoidance - Hospital Discharge and Hoarding:
Sundry grants to individuals 15,059 45,459
Alun Evans Fund
Circus Eruption 5,000 -
City of Sanctuary Swansea 5,000 -
Building Communities Trust Fund:
Clase 4 All 10,918 57,435
Mynydd y Gwair Community Fund - Innogy Renewables:
6th Llangyfelach Scout Group 15,000 -
Adenydd 25,373 -
Bont Elim Community Church 20,000 -
Clydach Cockles 6,250 -
Coed Bach Bowls Association 17,000 -
Friends of Coed Gwilym Park Clydach 30,000 -
Friends of Pontlliw Park - 5,293
Garnswllt Welfare Association - 18,401
Mawr Community Council - 21,531
Morriston RFC - 25,000
Penllergaer Trust - 5,000
Pontarddulais Cricket Club 18,000 19,000
Pontarddulais Rugby Football Club 25,000 30,000
Pontarddulais Town Band 11,330 -
Primary Care Network Fund:
Family and Therapy Place CIC 103,000 85,793
Happy Headwork CIC 7,290 6,280
Jac Lewis Foundation 72,098 43,000
One Heart Drummers 8,910 -
New Pathways - -
So Fit Wellbeing CIC 10,080 7,204
Swansea City AFC Trust 10,000 -
Swansea Wellbeing CIC 40,412 42,455
Your Voice Advocacy - 5,687
Morriston Emergency Response Fund:
Sundry grants to individuals - 34,057
Social and Micro Enterprise Funding:
Sundry grants to individuals 4,569 5,281

23

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

7
Analysis of grant funding costs (cont.)
Shared Prosperity Fund - Communities Anchor grants:
ASDES CIC
Cartrefi Cymru Cooperative
Circus Eruption
Coed Gwilym Bowls Club
Coed Lleol (Small Woods Association)
Dementia Friendly Swansea
Discovery Student Volunteering Swansea
Down to Earth Project
Faith in Families - Adult Learning project
Faith in Families - Art and Fitness project
Faith in Families - Children's Wellbeing project
Faith in Families - Health and Wellbeing project
FoodCycle
Forest School Swansea NPT
Friends of Dunvant Park
Mawr Community Council
Nigerians in Wales Association CIC
Petallica Flower Farm
Pobl Group
Pontarddulais Town FC
Race Council Cymru
Renew Mind Centre CIC
SimpLee Swim Ltd
Swansea Carers Centre
Swansea City AFC Foundation
Swansea Foodbank
Swansea Mind
The Environment Centre - Bwyd Abertawe project
The Environment Centre - Green Spaces project
The FAN Charity
The Penllergare Trust
Vibe Youth CIC
Western Bay Regional Collaberation Fund:
Neath Port Talbot CVS
Sundry grants under £5,000		 2025
-
28,400
-
-
-
30,150
-
-
-
-
-
-
-
-
-
-
-
-
-
-
25,250
-
-
-
-
-
32,450
-
-
-
-
25,150
13,614
48,741
664,044		 2024
24,000
28,400
36,500
10,800
32,500
30,150
41,600
54,900
45,300
9,500
64,800
7,800
24,200
37,000
16,400
21,000
9,800
5,800
22,700
10,000
25,250
18,900
25,600
50,300
8,800
9,900
32,450
44,500
47,000
5,700
22,900
25,150
13,614
64,197
1,384,287

24

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

8 Operating Surplus / (Deficit)

The operating surplus is attributable to the principal activity of the charity and is stated after charging:

Depreciation
Auditors' remuneration:
Audit fees (including VAT)
Other services
9
a) Staff Costs
Staffing costs during the year were as follows :
Salaries and Wages
Employers' National Insurance
Pension Contributions
Travel and Training		 2025
£
32,540
8,040
4,206
2025
£
1,607,870
139,707
128,760
23,974
1,900,311		 2024
£
29,778
8,040
3,672
2024
£
1,448,313
118,781
118,128
18,177
1,703,399

The average number of staff employed by the charity during the year was 60 [2024: 55] or 45 FTE's [2024: 42]. These can be analysed as follows:

No member of staff was paid over £60,000 in the year. Outstanding pension contributions at the year end were £0 (2024: £0).

During the year the total employee benefits received by key management personnel amounted to £108,603 (2024: £92,464)

b) Trustee Costs

No remuneration was paid to trustees for the year ended 31 March 2025 (2024: £Nil). Trustees travel and subsistence expenses reimbursed and charged to the statement of financial activities amounted to £184 (2024: £36). Expenses were reimbursed to 3 trustees (2024: 1 trustee).

10 Intangible Fixed Assets

Intangible Fixed Assets
Cost
As at 1 April 2024
Additions
As at 31 March 2025
Depreciation
As at 1 April 2024
Charge
As at 31 March 2025
Net book value
As at 31 March 2025
As at 1 April 2024		 Office
Equipment
Intangible
Total
£
£
29,545
29,545
-
-
29,545
29,545
20,735
20,735
5,759
5,759
26,494
26,494
3,051
3,051
8,810
8,810

25

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

11 Tangible Fixed Assets

Cost
As at 1 April 2024
Additions
As at 31 March 2025
Depreciation
As at 1 April 2024
Charge
As at 31 March 2025
Net book value
As at 31 March 2025
As at 1 April 2024		 Office
Freehold Land
Equipment
and Buildings
Tangible
Total
£
£
£
487,525
264,072
751,597
81,314
5,371
86,685
568,839
269,443
838,282
214,963
228,038
443,001
9,627
17,153
26,780
224,590
245,191
469,781
344,249
24,252
368,501
272,562
36,034
308,596

Land and buildings with a book value of £344,249 [2024: £272,562] have been largely funded by the National Lottery Charities Board. Should these assets be disposed, SCVS would either have to surrender the proceeds to the National Lottery Charities Board or use them in accordance with the original agreement with that body.

Based on recent local property transfers, there is considered to be no impairment to the freehold land and buildings assets.

12 Current Asset Investments

Unity Bank 12 month fixed term deposit account
Maturity date 27/02/2026 Gross interest rate - 4.25% (2024: 4.85%)		 2025
£
85,000
85,000		 2024
£
200,000
200,000

26

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

13
Debtors
Grants not yet received
Prepayments
Other debtors
14
Creditors
Grants received in advance & repayable
Accruals
Tax and Social Security
Other creditors		 2025
2024
£
£
158,005
200,792
33,334
22,195
16,794
7,932
208,133
230,919
2025
2024
£
£
346,712
199,117
54,241
25,995
31,442
32,082
11,689
47,054
444,084
304,248

15 Analysis of Net Assets between Funds

Tangible Fixed Assets
Intangible Fixed Assets
Current Assets
Current Liabilities		 Restricted
Designated
Total
Funds
Funds
Funds
£
£
£
344,249
24,252
-
368,501
-
3,051
-
3,051
630,896
388,448
737,197
1,756,541
(370,314)
(22,872)
(50,898)
(444,084)
604,831
392,879
686,299
1,684,009
Unrestricted
Funds
£

16 Share Capital

The company was incorporated as a company limited by guarantee. The liability of each member is limited to £1. The number of members as at 31 March 2025 was 8 (2024 - 8).

17 Members' Funds

At 1 April 2024
Increase/(Decrease) in Funds
Transfer to / (from) Reserves
At 31 March 2025		 Restricted
Designated
Funds
Funds
Total
£
£
£
£
472,861
319,537
878,733
1,671,131
2,850
3,322
6,706
12,878
129,120
70,020
(199,140)
-
604,831
392,879
686,299
1,684,009
Unrestricted
Funds

The restricted funds represent balances in the supported projects which are restricted to use within these projects. Further details can be seen on page 19-20 Note 1k) on SCVS' Reserves Policy.

27

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

17a Analysis of movement in funds

Restricted Funds
A01 7 Walter Road - National Lotteries Charities Board
A01 Core
C16
Admission Avoidance (Hospital Discharge)
C05
BAME Outreach Secondment
B84 BCT Clase for All Fund
C07
Complex Needs Worker
B82 Cwmtawe Dementia Carer
B68 Cwmtawe, Llwchwr, Penderi Cluster Grants
B19 Gwirvol Youth Development
A83 Health & Social Care (BSB)
C15
Homeshare Grant
A04 Involve Core
C26
Llwchwr Lifestyle Coach
A10 Looked After Children (Wassup)
A31 Mental Health and Wellbeing
A05 Mental Health Forum
A15 Mental Health Info & Research
B53 Mynydd y Gwair Community Fund
B86 Our Neighbourhood Transformation Fund
B83 Parent Carer Forum
C20
Pathways to Work Secondment
B94 Poverty Truth Commission
C23
Safeguarding
C17
SGO Kinship Care project
B64 Social Enterprise Support
C01
Social Prescribing Cluster
B88 Social Value Forum
C24
Sorted Supported
B31 SSWB 16-30
B79 Swansea City of Sanctuary Welcome
A88 Swansea Volunteer Forum
C19
Tidy Minds
A34 Training
B56 Transcend 2 project
C21
UK SPF Comms Anchor 3rd Sector grant
C22
UK SPF Comms Transport Resource
C14
WG Social Care Recovery Micro Enterprise Fund
B30 Youth Services Grant
Designated Funds
Capital equipment to be written off
Provision for staff redundancies
Unrestricted Funds		 As at
As at
1 April
31 March
2024
Income
Expenditure
Transfer
2025
£
£
£
£
£
272,562
-
9,627
-
262,935
-
417,554
398,936
(18,618)
-
-
109,848
116,723
6,875
-
-
49,542
51,555
2,013
-
19,712
110,517
10,919
-
119,310
16,293
42,053
73,798
15,452
-
-
35,043
36,326
1,283
-
34,819
293,583
256,800
-
71,602
416
35,000
35,416
-
-
3,674
37,572
41,246
-
-
10,387
27,783
38,392
222
-
-
49,553
51,056
1,503
-
-
18,793
17,691
(1,102)
-
-
30,000
33,091
3,091
-
-
55,381
81,209
25,828
-
2,329
40,578
42,882
-
25
802
17,271
18,073
-
-
89,265
241,000
205,644
124,621
-
299,131
301,827
2,696
-
-
40,603
37,498
(3,105)
-
-
43,677
42,735
(942)
-
1,495
96,766
96,391
-
1,870
-
9,917
5,917
-
4,000
-
23,972
27,826
3,854
-
-
42,575
60,638
18,063
-
-
124,545
123,422
(1,123)
-
-
27,228
30,597
3,369
-
-
49,510
44,295
(1,168)
4,047
104
-
-
(104)
-
-
40,300
63,155
22,855
-
32
-
-
(32)
-
12,941
33,416
34,731
-
11,626
-
21,942
21,942
-
-
-
48,672
80,188
31,516
-
-
138,168
157,575
19,407
-
1500
64,830
61,535
-
4,795
-
31,849
32,665
816
-
6,529
6,650
9,651
(3,528)
-
472,861
2,754,822
2,751,972
129,120
604,831
44,845
30,300
22,913
70,021
122,253
274,692
-
4,066
-
270,626
319,537
30,300
26,979
70,021
392,879
878,733
57,381
50,674
(199,141)
686,299

Restricted funds represent balances in the scheme projects which are restricted to future use within these projects.

Debit balances represent timing differences, where the project expenditure temporarily outweighs the project income. The charity is responsible for settling any debit balances remaining at the end of a particular project.

The transfers from unrestricted reserves into restricted represent the contribution from unrestricted reserves to cover annual on some of the restricted projects. Whereby capital items have been purchased within a restricted fund, transfers of these have been made to designated funds. During the year, discussions with funders were had and it was agreed that historical funds could be repurposed for new initiatives, where the original project has ended and the funder does not require any funds returned.

28

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

17b Comparative - Analysis of movement in funds

Restricted Funds
A01 7 Walter Road - National Lotteries Charities Board
A01 Core
C16 Admission Avoidance (Hospital Discharge)
C05 BAME Outreach Secondment
B84 BCT Clase for All Fund
C25 Community Wellbeing
C07 Complex Needs Worker
A49 Co-Production Development
B82 Cwmtawe Dementia Carer
B68 Cwmtawe, Llwchwr, Penderi Cluster Grants
B98 Foundational Economy
B19 Gwirvol Youth Development
A83 Health & Social Care (BSB)
C15 Homeshare Grant
A04 Involve Core
C11 Loneliness and Isolation Fund
A10 Looked After Children (Wassup)
A31 Mental Health and Wellbeing
A05 Mental Health Forum
A15 Mental Health Info & Research
C18 Morriston Emergency Response fund
B53 Mynydd y Gwair Community Fund
B86 Our Neighbourhood Transformation Fund
B83 Parent Carer Forum
C20 Pathways to Work Secondment
C08 Penderri Young People's Wellbeing 2
B94 Poverty Truth Commission
C23 Safeguarding
C17 SGO Kinship Care project
B64 Social Enterprise Support
C01 Social Prescribing Cluster
B88 Social Value Forum
C24 Sorted Supported
B31 SSWB 16-30
B79 Swansea City of Sanctuary Welcome
A88 Swansea Volunteer Forum
C19 Tidy Minds
A34 Training
B56 Transcend 2 project
C21 UK SPF Comms Anchor 3rd Sector grant
C22 UK SPF Comms Transport Resource
B80 W/Bay Partnership Co-Production
C14 WG Social Care Recovery Micro Enterprise Fund
B66 Workways +
B30 Youth Services Grant
Designated Funds
Capital equipment to be written off
Provision for staff redundancies
Unrestricted Funds		 As at
As at
1 April
31 March
2023
Income
Expenditure
Transfer
2024
£
£
£
£
£
275,989
-
-
(3,427)
272,562
4,000
388,476
395,038
2,562
-
-
132,848
131,747
(1,101)
-
-
46,600
46,377
(223)
-
32,878
44,279
57,445
-
19,712
5,835
5,835
-
-
14,120
56,071
53,898
-
16,293
6,015
-
6,689
674
-
-
35,543
34,442
(1,101)
-
40,956
220,730
226,868
1
34,819
4,990
-
5,019
29
-
6,102
35,000
39,384
(1,302)
416
-
36,127
32,453
-
3,674
27,517
17,585
34,715
-
10,387
-
49,459
49,459
-
-
5,442
-
5,461
19
-
-
30,000
36,585
6,585
-
-
53,251
58,544
5,293
-
6,062
39,016
41,628
(1,121)
2,329
2,882
16,606
18,686
-
802
4,920
34,010
39,270
340
-
(1,387)
240,000
149,348
-
89,265
-
237,120
237,120
-
-
-
40,603
44,439
3,836
-
32,500
31,958
(542)
-
14,876
35,000
48,766
(1,110)
-
39,691
56,384
93,460
(1,120)
1,495
1,000
-
(1,000)
-
-
23,972
25,202
1,230
-
-
34,531
49,911
15,380
-
20,411
115,999
141,061
4,651
-
17,499
27,228
44,726
(1)
-
7,600
6,499
(1,101)
-
104
-
-
-
104
-
40,300
51,798
11,498
-
65
-
33
-
32
821
33,140
21,020
-
12,941
-
15,000
15,000
-
-
3,591
46,800
85,468
35,077
-
881,079
879,978
(1,101)
-
41,620
40,120
1,500
4,891
-
-
(4,891)
-
-
39,893
39,893
-
-
-
7,572
10,093
2,521
-
7,370
6,650
7,491
-
6,529
539,806
3,205,427
3,342,927
70,555
472,861
64,281
-
-
(19,436)
44,845
210,560
-
-
64,132
274,692
274,841
-
-
44,696
319,537
966,433
56,601
29,052
(115,249)
878,733

Restricted funds represent balances in the scheme projects which are restricted to future use within these projects.

Debit balances represent timing differences, where the project expenditure temporarily outweighs the project income. The charity is responsible for settling any debit balances remaining at the end of a particular project.

29

SWANSEA COUNCIL FOR VOLUNTARY SERVICE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

17c A current year 12 months and prior year 12 months combined position is as follows:

Restricted Funds
A01 7 Walter Road - National Lotteries Charities Board
A01 Core
C16 Admission Avoidance (Hospital Discharge)
C05 BAME Outreach Secondment
B84 BCT Clase for All Fund
C07 Complex Needs Worker
A49 Co-Production Development
B82 Cwmtawe Dementia Carer
B68 Cwmtawe, Llwchwr, Penderi Cluster Grants
B98 Foundational Economy
B19 Gwirvol Youth Development
C15 Homeshare Grant
A04 Involve Core
C26 Llwchwr Lifestyle Coach
C11 Loneliness and Isolation Fund
A10 Looked After Children (Wassup)
A31 Mental Health and Wellbeing
A05 Mental Health Forum
A15 Mental Health Info & Research
C18 Morriston Emergency Response fund
B53 Mynydd y Gwair Community Fund
B86 Our Neighbourhood Transformation Fund
B83 Parent Carer Forum
C20 Pathways to Work Secondment
C08 Penderri Young People's Wellbeing 2
B94 Poverty Truth Commission
C23 Safeguarding
C17 SGO Kinship Care project
B64 Social Enterprise Support
C01 Social Prescribing Cluster
B88 Social Value Forum
C24 Sorted Supported
B31 SSWB 16-30
B79 Swansea City of Sanctuary Welcome
A88 Swansea Volunteer Forum
C19 Tidy Minds
B56 Transcend 2 project
C21 UK SPF Comms Anchor 3rd Sector grant
C22 UK SPF Comms Transport Resource
B80 W/Bay Partnership Co-Production
C14 WG Social Care Recovery Micro Enterprise Fund
B66 Workways +
B30 Youth Services Grant
Designated Funds
Capital equipment to be written off
Provision for staff redundancies
Unrestricted Funds		 As at
Net
Transfer
As at
1 April
Movement
Between
31 March
2023
in Funds
Funds
2025
£
£
£
£
275,989
(9,627)
(3,427)
262,935
4,000
12,056
(16,056)
-
-
(5,774)
5,774
-
-
(1,790)
1,790
-
32,878
86,432
-
119,310
14,120
(29,572)
15,452
-
6,015
(6,689)
674
-
-
(182)
182
-
40,956
30,645
1
71,602
4,990
(5,019)
29
-
6,102
(4,800)
(1,302)
-
27,517
(27,739)
222
-
-
(1,503)
1,503
-
-
1,102
(1,102)
-
5,442
(5,461)
19
-
-
(9,676)
9,676
-
-
(31,121)
31,121
-
6,062
(4,916)
(1,121)
25
2,882
(2,882)
-
-
4,920
(5,260)
340
-
(1,387)
126,008
-
124,621
-
(2,696)
2,696
-
-
(731)
731
-
-
1,484
(1,484)
-
14,876
(13,766)
(1,110)
-
39,691
(36,701)
(1,120)
1,870
-
5,000
(1,000)
4,000
-
(5,084)
5,084
-
-
(33,443)
33,443
-
20,411
(23,939)
3,528
-
17,499
(20,867)
3,368
-
-
6,316
(2,269)
4,047
104
-
(104)
-
-
(34,353)
34,353
-
65
(33)
(32)
-
821
10,805
-
11,626
3,591
(70,184)
66,593
-
-
(18,306)
18,306
-
-
4,795
-
4,795
4,891
-
(4,891)
-
-
(816)
816
-
-
(2,521)
2,521
-
7,370
(3,842)
(3,528)
-
539,806
(134,650)
199,676
604,831
64,281
7,387
50,585
122,253
210,560
(4,066)
64,132
270,626
274,841
3,321
114,717
392,879
966,433
34,256
(314,390)
686,299

Restricted funds represent balances in the scheme projects which are restricted to future use within these projects.

Debit balances represent timing differences, where the project expenditure temporarily outweighs the project income. The charity is responsible for settling any debit balances remaining at the end of a particular project.

30

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

18 Restricted Funds

7 Walter Road - National Lotteries Charities Board - SCVS office premises.

Admission Avoidance (Hospital Discharge) - A project funded via the RPB to offer low level support to assist rapid hospital discharge and to help avoid hospital admissions.

BAME Outreach Secondment - An SCVS staff member is on secondment into a Health Board funded role, working as part of a regional team to provide focussed support to ensure better health outcomes for BME community members.

BCT Clase 4 All Fund - SCVS is the grant administration body on behalf of the Clase for All Group.

Better Welcome Wellbeing support - A project delivering healthy living support to refugees and asylum seekers, The project support refugees and asylum seekers to access support, advice assistance and learning opportunities to enable healthy living choices and enhance wellbeing outcomes.

Change 4 the Better Grant Fund - SCVS administers the ABMU Charitable funds across the region, the fund provides small grants to 3rd sector organisations which provide wellbeing based activities and services.

Complex Needs Worker - Offers a service to individuals within the Cwmtawe Cluster area, offering 1-1 wellbeing support to individuals who have co-existing needs (mentalh health, experience of domestic abuse and substance misuse) which may require a little more time and support.

Co-Production Development - The Co Production officer ( funded by Swansea Social Services department) brings together citizens to have their voice and views heard and to be involved in the co production of public services in particular those accessed by disabled people.

Cwmtawe Dementia Carer - A partnership between SCVS, Cwmtawe and Llwchwr Clusters, and funded by the West Glamorgan Regional Partnership (ICF Dementia Funding); Swansea North Dementia and Carer Project supports people living with Dementia, and carers of people with Dementia, registered in GP Practices in the Cwmtawe and Llwchwr areas of Swansea.

Cwmtawe, Llwchwr, Penderi Cluster Grants - SCVS administers grant funds on behalf of local GP Cluster networks. Working with the Clusters SCVS supports the networks to identify priorities for grant funding and has developed and implemented a grant giving process on behalf of the networks. The funding is available to 3rd sector groups delivering wellbeing services within the network areas.

Foundational Economy – A partnership project with Swansea council and the Wales Cooperative Centre, the project aims to explore and pilot new ways of delivering low level care and support to people living in Clydach and the Gower. Funded via Welsh Government, the project looks at supporting groups and individuals to develop micro enterprises and matching these business start ups with people in need of care and support.

Gwirvol Youth Development - The youth development officer works with young people seeking volunteering opportunities and also with groups wanting to host young volunteers. The post holder also facilitates the Swansea Youth Bank- a volunteering project where young people are supported to offer grants to youth led volunteering projects.

31

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

18 Restricted Funds (cont.)

Health & Social Care (BSB) - Funding of development and delivery across the region to strengthen partnership working between the NHS and the local voluntary sector through the establishment of a health & social care facilitator post and for related events supporting service design and citizen engagement.

Homeshare Grant - The grant provided support to establish a Swansea based Homeshare scheme. Homeshare matches people with spare room in their homes with people looking for accommodation and able to provide low level domestic assistance.

Involve Core - The befriending scheme recruits volunteers to be placed with individuals referred by social services who could benefit from a volunteer befriender. Volunteers support the community member to access social and other activities.

Llwchwr Lifestyle Coach - Supports people to take pro-active steps to improve the way they manage their physical and mental health conditions, based on what matters to them. Supporting people to develop their knowledge, skills and confidence – or to build their “patient activation”- in managing their health and care, to improve their health outcomes and quality of life.

A10 Looked After Children (Wassup) - SCVS delivers the statutory Independent Visitor service to looked after children on behalf of Swansea Council. Volunteers are recruited and matched to a looked after young person, meeting regularly to discuss issues and offer independent support to the young person, many of the IV’s are working with young people who are placed out of county.

A31 Mental Health and Wellbeing - A volunteer involving project delivering support to mental health service users within both hospital and community based settings such as day centres as well as enabling access to social and other group activities.

A05 Mental Health Forum - The project officer facilitates 3rd sector groups and organisations working in the mental health sector to network, come together around issues of mutual interest, feed into the policy and planning of mental health services locally and to raise awareness of unmet needs. The role enables dialogue between statutory agencies and 3rd sector organistions.

A15 Mental Health Info & Research - The role works across a range of public and 3rd sector organisations enabling access to effective information around mental health services and support that is available to citizens from within the 3rd sector. The role also involves ensuring up to date resources such as the directory of local Counselling services.

B53 Mynydd y Gwair Community Fund – The Mynydd y Gwair Local Community Fund will provide grants to organisations providing services, facilities or activities that benefit the communities within the area of benefit for the Mynydd y Gwair Local Community Fund, SCVS has been awarded the contract to administer the fund on behalf of Innogy.

B86 Our Neighbourhood Transformation Fund - As part of the West Glamorgan Regional Partnership Board Transformation programme, SCVS is delivering strengths based community asset development work in two GP Cluster Network areas.

32

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

18 Restricted Funds (cont.)

B83 Parent Carer Forum – SCVS was successful in tendering to develop and lead on implementing a Parent Carer Forum across Swansea. With the introduction in Wales of new legislation namely Social Services and Wellbeing Act, Well Being of Future Generations Act Additional Learning Needs and Education Tribunal Bill there is an expectation that services are developed co-productively with those who use them so your voice matters. The Forums purpose will be to work co-productively with local services to help bring about improvements in services for disabled children, young people and their families.

C20 Pathways to Work Secondment - A volunteering officer employed by SCVS, linked to the LA Pathways to work team- offering a volunteer brokering services for their clients.

B94 Poverty Truth Commission - SCVS is the host employer for staff working on the Swansea Poverty Truth Commission, staff are facilitating the establishment and delivery of the Commission.

C23 Safeguarding - Provision of a safeguarding advice and support service for 3rd sector groups and undertaking due diligence re safeguarding policies when grant schemes are allocating funding.

C17 SGO Kinship Care project - Our Special Guardianship Order (SGO) Scheme is a scheme for children/young people and their carers.

B64 Social Enterprise Support - As part of the regional Western Bay Social Enterprise support project, SCVS hosts a staff member who is able to offer specialist development support to social enterprise organisation in particular those working in the health and wellbeing sector.

C01 Social Prescribing Cluster – HB funded, the project puts a ‘social prescriber’ into each of the GP Cluster areas across Swansea. The social prescribers receive referrals and supports those with low level mental health and wellbeing issues to make contact with and access local support and activities.

B88 Social Value Forum - SCVS leads on facilitating the West Glamorgan RPB Social Value Forum, bringing partners together to explore ways to enhance social value outcomes within health social care and wellbeing services.

C24 Sorted Supported - Development of a website providing resources and signposting to emotional wellbeing and mental health services.

C21 SPF Comms Anchor 3rd Sector grants - SPF funded 3rd sector grant scheme, delivered as part of the LA SPF community anchor.

C22 SPF Comms Transport Resource - SDF funding to support development of community transport schemes across Swansea, including establishing a community transport bookings hub.

B79 Swansea City of Sanctuary Welcome - The project helps to welcome and support asylum seekers and refugees in Swansea to reduce isolation, encourage active participation, promote well being and enhance Integration. The project is a partnership between Swansea City of Sanctuary and SCVS, funded initially by the by the National Lottery, and more recently with contributions from the Health Board and RPB.

33

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

18 Restricted Funds (cont.)

A88 Swansea Volunteer Forum - The Volunteering Forum, facilitated by SCVS brings together volunteer managers from across the 3rd sector in Swansea. The forum offers development and networking opportunities, mutual support and an opportunity to lobby on issues of concern in relation to volunteering best practice.

C19 Tidy Minds - Is a Swansea Bay website offering resources to support the wellbeing of young people, their families and people who support them.

A88 Swansea Volunteer Forum - The Volunteering Forum, facilitated by SCVS brings together volunteer managers from across the 3rd sector in Swansea. The forum offers development and networking opportunities, mutual support and an opportunity to lobby on issues of concern in relation to volunteering best practice.

C19 Tidy Minds - Is a Swansea Bay website offering resources to support the wellbeing of young people, their families and people who support them.

A34 Training – SCVS provides open programme and bespoke training courses to meet the development needs of groups and individuals working or volunteering within the 3rd sector with some courses focussed on needs identified as part of the wellbeing agenda.

B56 Transcend 2 - The project matches mentors with lived experience of mental health needs with individuals currently experiencing mental ill health. The project aims to support the recovery of beneficiaries whilst volunteers receive in depth training in mentoring skills and ongoing support with their volunteering role. The project also provides training to mental health practitioners.

C14 WG Social Care Recovery Micro Enterprise Fund - The project aims to explore and pilot new ways of delivering low level care and support to people in Swansea. Funded via WG / the RPB, the project looks at supporting groups and individuals to develop micro enterprises and matching these business start ups with people in need of care and support.

B30 Youth Services Grant - The grant supports the aims of the Gwirvol project in relation to youth volunteering and in particular supporting the Swansea Youth Bank and the youth led projects that are funded via the Youth Bank grants.

34

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

19 Reconciliation of net income/(expenditure) to net cash flow from operating activities

Net Income/(Expenditure)
Adjustments for:
Depreciation charges
Loss/(profit) on sale of fixed assets
(Increase)/Decrease in debtors
Increase/(Decrease) in creditors
Net cash provided by / (used in) operating activities
20
Analysis of cash and cash equivalents
Net Cash
Bank current accounts
Petty cash
Liquid Resources
Current Asset Investments - 12 month fixed term deposit account
Total
21
Statement of Financial Activities for the year ending 31st March 2024
2024
Restricted
£
Income and endowments from:
Donations and legacies
33,620
Charitable activities
3,171,807
Other trading activities
-
Investments
-
Total
3,205,427
Expenditure on:
Charitable activities
3,342,926
Other
-
Total
3,342,926
Net Income/(Expenditure) for the year
ending 31st March 2024
(137,499)		 2025
£
12,878
32,540
-
22,786
139,835
208,039
1,461,907
1,501
1,463,408
85,000
85,000
1,548,408
2024
Unrestricted
£
-
44,601
12,000
-
56,601
17,052
12,000
29,052
27,549		 2024
£
(109,950)
29,778
-
53,875
275,767
249,470
1,224,304
2,750
1,227,054
200,000.00
200,000.00
1,427,054
2024
Total
£
33,620
3,216,408
12,000
-
3,262,028
3,359,978
12,000
3,371,978
(109,950)

35

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

22 Operating leases

Annual commitments under operating leases as follows:

Within one year
Between one and two years
Between two and five years
After more than five years		 2025
£
1,172
1,058
486
-
2,716		 2024
£
686
686
686
-
2,058

36