Charity rogistration number 1063655 Company registration number 03351855 (England and Walos) SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 SOUTHEND ASSOCIATION OF VOLUNTARYSERVICES CONTENTS Page Trustees report statement of Trustees responsibi￿leS 11 Independent auithtorfs report 12-14 Statement of fr(anc4al adivii*s 15 8alance sheet 16-17 Statement of (xsh flows 18 Notes to the financial statements 19-27 SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their amual report arKI financial statements for the year ended 31 March 2025. The financMI statements have been prepared in aC￿rdan￿ wth the acaxjunting policies sel out in note 1 to the financbal statemerrts and compty with the tharitntrad to deliver infrastnlcture a(Yoss Scuth8nd. SAVS submitted a bid, and was awarded the contract in February 2023. This work began in April 2023 with a partI￿lar focus on supporttng new and emerging groups. voJunteeriTVJ and 8mbedding new techrM)logie8 to support the delivery and attessibility of the wor SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our service is ts11 ored to the unique and speoific needs of the organisations we supporL h(xYever, it can b9 summarfsed into three main themes: SupporL. We diredly support emerging and existing i)rganisations as welt as supporting indrviduals. Each gTOUP is SUPPOrted based on their specific ne8ds. vrith help provided on tOPiLS such as setting up a thartty, governan￿, (xpacity building. fundraising. partnership working and involving volunteerd. This year we provided over 230 inslan￿$ of support. via phone. email and in&person meetings. Thmughout the year we held a number of events. wothshops and meetings to fiJth@r support the sector. In 2024-2025 We delI￿red 83 events ￿VerIng training (26), Engagement (11), N8hvorking (29), Awareness and Promotion (14) and Meet the Funder (7) formats. A¢xoss the year, there were over 1,800 attendances. We also prowde fUnd￿g support. induding completing tailored funding searches, reviewing funding appliitions. h8lping groups be ￿JndIng readl and hosting events to build relationships wtth local groups and funders. Promotion: A key element of our work as a CVS is promoting the Voluntary Sertor. the groups within it and their work This year we have seen a continual grovrth in our Dlgital Reach. which now stands at over 17,500 contacts. This indudes over 2.4￿) p8ople that receNe our weekly email update, contsining on average 3LFp ple￿5 of shared content from the sector. Our Soaal Media channels help to Sha￿ useful and relevant i￿ornIatiOn across the Cty and beyond, wtth over 100 posts per month. We hav8 also heawly invested in our digilal infrastnjcture. marketing armj ￿MmunICatiOnS to help evolve and adapt so that we are in a posrtion to best promote the sector over the coming years. This work is enhanced by the N8tworks we host induding our; Networknng Brunthes. Southend Poli￿ IAG meetings, Sotrthend Homeless Ac*on Nelwork, Southend Famity Network and the Voluntary Sector Leadetship Network . Representation & partnernhl￿. continue to play a key role in representing the Voluntary SaL at Key Strategi¢ Partnerships both Swlhend focused and a￿S the wider Souih East Essex foolprint. Examples indude.. Health Irrfualities, Safeguardlng, Comrnunty Safety and Domestic Abuse. The partnerships support SAVS and our sector relationships wtth k8y partners such as Southend City Councal, South East Essex A1]tar￿e {SEE), Essex Polce, EPUT. Mid and South Essex NHS Foundatlon Trust and the Mid and South Essex Irrtegrated Care Board (ICB) and many others. This helps us ensu￿ the volce of the VCFSE sector is heard. valLbed and considered in the delivery. development and design of services. Thls year we have built fijrther upon Ihese relationships in order to infiuence and help shape strategy and policy SAVS holds signfficarrt positions l.e. SEE Allian Chair. Domestic Abuse Chair, Safeguarding Partnership Vice Chair (Adults & Children) and C chair of Safeguarding Neglect Group. In 20242025 SAVS attended 19) meeb.rvjs to represent the sector. totalling over 316 trK)urs. SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Communty Based D•llvery We deliver a number of our own Community proj8d8 that supwt and empchver th• rth and diverse communities of Southend. These projects provid8 residents with a voTh and opportunrtFes to help shape the fuiure of where they live. They also help to identify gaps in provision. champion local assets and promote slr8ngth based working. The work of our communty projects contEnues to develop into new areas with the key theme belng thai of engaging with the public to raise awareness. provide infonnation, seek their views. keep them safe and build resilien￿. By 8ngaglng wtth the public in thelr neighbJurhoods. we were able to identffti and support the most vulnerable people in the (x)mmunty, many of whom have lttle or no sooal contad. Community Support Social Prvd¢rfblng: We host Soaal Prescribing Link v￿rkerS in Iwo of the Southend Primary Care Networks (PCN). Socia prescribing is open to pat￿nts aged 18+ who P￿sent to their GP with issues that have a non clini¢21 underfying cause. Patients may have a social n8ed. on-going health conditions. regularty attend th8ir GP surgery or are at risk of unplanned admission. Sodal Pre5crtbing Link Workers meet patients referred by thelr GP at their pract￿ before referrfng and Signposting to approprfate voluntary and communty sector sérvi￿. Patierrts are treated holistiL2IIy wtth the FK)int of referral determin8d by individual ne8d'. Ihls could indud8 information to support health. finan¢8 or social Isolation. This year SAVS Social Prescribing Tearn corn￿eted 2.092 referrals. Tho SAVS, Reception Team; Our front of house team is Ihere to support residents wtth any queries relating to the Voluntary Sector in Southend and beyC￿d. Residents are wel￿rne to call or vlsrt the team five day5 a week wtth any questions and are then either directty supported. or s￿npOSted to groups or organisations the Cty. Paid member5 of stsff lead the tèam, but the majority of peop18 are volunteeT5 who donate their time to supporting those who need a helping hand. Homesafe SOS Community Hub: In order to provide patients, family members and the ￿rnMunty with essents.al support, nine Communty Hubs were setup a¢xoss Mid and South Essex An ICB grant- funded pilot programme wa5 run btheen December 2022 and May 2023 and then provided with ongoing funding to date. Homesafe SOS is the serbice deltvered in Southend, a partnership project by; Southend Asso¢iation of Voluntary servi￿ (SAVS). South Essex Advo¢xGy Servir*s (SEAS) and Citizen5 AdM(* Soulhend. Lftilising existing assets and the experien￿ and knowledge of partners. it proMd8d an effective gateway to communty-based support accessible by all residents in Southend. Foodbank Vouchers: SAVS is a referral partner for Southend Fwdbank. a network of foodbanks across Southend tunded by the Trussell TrusL We provide a free refe￿al sep11￿, either in-peTson or over the phone to help vulnerdble Southend residents acc￿ food supporL Thls year we made 2093 referrals to Southend Foodbank. Southond Volunteer Hub.. The Hub delivers a brokerage service p￿mOtI￿g volunteering offers and opportunities across Southend. Charities and group list their opportunities with the Hub, via the Volunteer Essex plafform,. excknsively available to Essex CVS organisations, in￿dIng SAVS. These opportunits8s are promoted throughout our neiworks and to the WKler Volunteer Essex audiencE. Our effe(*ve brokeragé serthce ensures all iThJrvtduals interested in volunteering are able to a¢￿5 infomalion about the range of volunteersng roles through a variety of different media induding., websiÈe, phone. email and to fa￿. Prospe¢Xive volunteers re￿1￿￿ impartial person-centred adM(x and guidance on a range of volunteering options. OpportunitFes will have undergone a qualty theck prtor to promotion and organksations will b8 SUPPOrted to enhan￿ those opportunibes and ensure volunteeting best practi￿. A successful year wtth over 600 volunteers signing up with 176 organisations registered to the Hub sharing over 200 opportunities. Southend Centres for Wam)th: SoLrthend Centres ft>r Wamith is an innovative collaborative proje led by SAVS and being delivered by 11 VCFSE sector partners in Southend for Cadent, the national gas infrastructure company. A first of ts kind for the business, the model utilises a on&ts>many approath to engage and reaL* ￿Sidents in Southend with adwibes that,. promote energy safeguarding and raise awareness of CartK>n Monoxide (CO) safety issues, provTrde support to vulnerable groups wrthin the communty (i.e. debt, mental healÈh, low- income. marginalised groups elc.) and create a posrbve social retum. Launched in January 2024. the project has a targeted 2-year reach of 11,640 residents in SoutherKI wilh a predided &year scKial retum on investment for Cadent of over £8 million. SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Youth & Family Developmerrt . A Better Start Southend: A Better Stsrt Southend is a 11>year programme to develop and test new ways of supporting Southend's chlldren and frdmilies. This year rna￿ed our seventh and final year of supporting the programme. with our contrac*ed role primarity focusslng on parent engagement and ¢￿prOduCtion. Our work indud8s empowering Ioc21 parents through our Parent Champlonsl Ambassador programmes and supporting them to becAxn8 the Vol￿ of parents and partiCApate in the various govemance meetings of ABSS. Trfple Ts: Children from c*ntraJ Southend have Tripje T's clubs to help inspire them and raise their aspirations with thanks to funding from BBC Children In Neod. We provide weekly sessions for youngsters aged &12 year5 through a programme of aclivitses, designed to develop 8ath indimdual child in a safe envirDnment. We aim to give the youngsters opportuntlies to build o)nfiden¢e, improve mental & physical wellbeing and participate in community irutiatives. In 2024-2025, the Triple T Youth Clubs supported 89 young people Ihrough the deliv8ry of 101 sessions. HAF: The Holiday Actiwty and Foc>J Programme (HAF) is a free and exc4ting holiday programme for children and young people aged 5 to 15 vtho get benefts related free school meals. The programme runs over the Easter (1 week), summer (4 weeks) and Christsnas (1 week} school holidays and is funded by the Deparbn8nt for Education (DE). SAVS is a leading partner of the FL4F programme in Southend. This year we supported 91 young people with 23 sessions that enabled thern to a(xe5S free heamhy and nutrrknous meals. as well as leaming about food and nutrtlion. tske part in healthy level of physical admty. The young people have fijn and meet new friend5, feel safe and secure. get access to support serVi￿S and retum to school feeling engaged and ready to leam. Wellbeing Supported Volunteering: this project funded by the National Lollery Comrnunty Fund supports people who may have expefienced mental ill health into volunteering. The aim of the project is to glve volunteer3 one to one support to In￿ease Confiden￿ and reduce isolation, to highlight skills and experien￿ and help ￿enlrfY the type of volunt8eriNJ they might wish to do. Ea(* year the project supports over 40 individuals. Folk Like Us: This National Lthry Community Fund funded initiatlvo provides support and thi(￿ to people over the age of 55. Ilvlng in the borough of Southend who are experiencing lonelingss and Isolation. These people are supported by Tuming rides Communty T8am and where required will be Signposted to Servi￿ who can a$￿st them further. This year the team have continued to support hundreds of older people in Southend via one to one homa visits, group so(aal sessions. trips out and large-S¢3le Connect wents. In 20242025. we saw the number of beneficiari88 of this propd reach 138 people. SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 . Conwnunfity Development Community Builder8 - Thls year we (xjntinwl our worf( empowering r8sidents in Southend via our 'Communty Builders, project. Two members of paid staff deliver the initi'ative in three areas a￿osS Southend. operating in a strengtPpbased way", they are out In loc311>)mmuniti8s, helping residents (x)nnect with each other and to amplfy their voice. They discover k)¢xl skil]s and resounxs. supporting residents to take aclion on what matters to them. In 20242025 the Communrty Builders proje￿ completed over 878 conversations with local residents. COPD Communty Connectors: A pilot-programrne delivered in partnet5hip with Healthwaich Southend designed to gain a deeper urvjerstanding of the lived experien￿ af those living COPD in Southend wh8n accessing support and liviro a healthier life. 11 is also an opportunty to share what works well. This programme forms part of the national drive to redu￿ health inequalities focjjsing on Chronic Obstruc*ive Pulmonary Disease (COPD) and supported through th8 CORE20Plus5 framework Programmes are taking pla￿ across all seven regions in England and encompass the fve clinical areas of focus outlined in the Core20PLUS5 approach: maternty (2re, severe mental Ilness, respiratory disease, 12ncer and ￿rd[l￿vas￿laf dtsease. Facilitatsd Communty Funding Communlty Inveslment Board: Wrth Ihe aim of building a culiure of ¢ommunÈty ownership and asilien￿, SAVS supports an independent board made up of lo￿1 experts by experienc￿. The Communlty Investment Board is responsible for investing £1.75m of Southend Cty Council funding to realise a vision of a sustainable SoutheTvJ, where residerrts engage in their wider communities and are empc•hpred to achieve their fvll potential. This ailows residents to demonstrate Influen￿ and positive impact in a crty they are pruud of, feel safe in and enjoy healthy and fvthllling lives. By th8 end of Mard12025, the board had distsibut8d over £1.5m in grnnts to local groups. Southend Em•ryency Fund: As part of the emergency response and support to residenls In Southend, SAVS supports the Soulhend Emergency Fund. which is independent of SAVS. The Fund provides a vehido to distrbbute financial based relief to individual ￿sidents via local Voluntary Sector organisations. Particu]ar work of the Fund this year has been wtth Household Support (for energy. bills and food). The Fund is led by an independent panel and has awarded over £900k in grants. Health Inèqualldes Fund: Mid and South Essex Integrated Care Board have contracted SAVS to provide support to the Soulh Essex ￿rIan1% to review and agree the allocation of grants from fhe Health Inequalits88 Fund. As of 31 st March 2025. £337k in grants had been awarded. SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal revlew Principle funding sources The princApal fijnding sources for the charity are currenty by way of grants and ￿mMiSsiOned project income under service level agreements ftom our proj&ts. A secondary Sour￿ of income is from renlÈng office spa within the SAVS building. Investment poliw and objectives The charity crjntinues to re￿lleW tts investment policy, and our policy is to spread (ash investrnents across a S818Ction of raputable banknng promders. Wh8r8 possib18 d8posits ar8 wilhin the government backed protection limits. Reservos policy We are pleased to report that SAVS financial position conltnues to be sound and that the organisation (x)ntinues on a fimi financial footing. This achievemerrt is due to a dedi￿ed and o)mmitt8d workforce, who work with enthusiasm and imagination to meet the changing needs of the Southend Voluntsry and Communty Sector and the SoLrthend Communty. At th& y8ar and, the charity had unr&strid&J r8serv8s of £305.8S6 (2024- £291.972) of Ihis amount £149.071 (2024. £126.838) has been designated for future repairs and renewals and a contlngency fvnd should redundanues be required. This leaves an unrestrt¢ted fund positton of £156,825 (2024" £165.134). Giv8n that th8 majority. appr0￿Mate￿ 85%. P024. ￿%). of the charity's in￿rne is derived from grants and contract income, renewals of which are not guaranteed beyond their ￿rrent agreement periods. The trustees feel that it is necessary to accumulate unrestricted rese￿eS to a level, which, in their opinion, will safeguard its continued operatton for a period long enough to obtain altemative sources of funding. should its cjjrrent sources of grant funding cease ￿mplete￿. Target reserves for 2025126 are £334.912. The reserves policy 15 to add to unrestricted reserves until that level is reathed, 8nd thoreaftar rewew Ihe position to ansure that any surFlus fvnds are correcty used. Golng concom Whilst preparing these financial accounts the ￿ntinued opera￿n of the Chartty has been given due conslderatlon. On the back of the pandemic period. SAVS continues to work in an agile way with remote and homebased working embedded in our delivery. The cost of Iwng (xisis and high inflation has aff8d8d the Chaivty, wrth signfficant incr8as8s across our g8nerdl running o)sts indudirg Lrtilty bills and resour￿. Where available uplifts in funding or additional funds have been su¢¢essfulty secured to help mrtigate some of the risk within this perfod. Therefore, these accounts have been prepared on a going concem bas1S. Funds In deflclt There was one fund in defictt at the end of the Finanual Year. The Navigators project COMMenr￿ in Mar(* 2025. Funding for this initial 12 month project is anticipated 8arty 202&26 FUTURE PLANS Our key focuses for 2025r26 include: To develop our work under fve Strateg￿ objectives: 1. Capaaty Building and Infrastructure Support 2. Building Dynamic Communities 3. EmpowerÈng voices 4. Develop suc£esstul partnerships. collaborations and relattonships 5. Sustainability SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, govemanee and management Governlng document The charity is controlled by its governirvJ doojment. a deed of trus( and rA)nstr￿teS a limited company, limited by guardntee, as defined by the Companies Act 2006. Recruitsmnt and appointiiiorrt of new t￿￿tee$ Trust88s are recwited through a fomal and transparent process and are appointed at the Annual General Meeting. Provision exists for trustees to be rx>opted onto the board for sknlls availabuty purposes. Organl8atlonal strucbJre Solrthend Association of Voluntary servi￿ has a Board of Trustees that m88ts every 3 months and Is r8sponslble for the strategic direction and poficy of the organisation. The Board ts made up of individuals from a vanety of drfferent professional backgrounds, with the techni(xl expethse to support the semces provlded by the charity. A scheme of delegation is in place and the day-t(trday responsibility for the provision of seNices r8sts with the Chief Offi(w and Deputy Chief Officer along with the Finance Manager and Senb)r Management Team. The Ch￿f Offi￿r is responsible for ensurlng that the ¢hartty deltvers the services and that the key perforniance indioxtors are mel. Th8 FInan￿ Manager is responyble for the day to day management of the finances. The management team has responsibility for indiwdual supervtsion of their staff and ensuring ttk9t the team (x)ntinu6 to develop their skills and working pract.ces in I￿e with good practi￿. Induction and training of new tnA$tees Trustees new to the charity take part in the induclton wogramme. which Introdu￿ the followng:_ -memorandum and Articles of A5soaation -Latest minutes and financtal statements -Annuat report -Resourang and current financial posrlion as set out in the lalest ffinanctal ststements -Future plans and objectives -Contsd infomiation for fellow trustees and staff A]1 new trustees recetve a ¢omprehensrve Induction Par* f(x ease of reference. In addrtion, trustees have received a copy of Trustee and Management Committee- National oC￿pational Stsndards. All of our twslees are familiar with the work of the ctharity and are involved in annual planning days for both staff and trustees. Rlsk Management Th8 trustees have a duty to identify and revi8w the risks to which the charity is exposed and to ensure appropriate controls are in place to provide r&%onable assuran￿ against fraud and arror. The trustees have considered the major risks to whith the charity is eX[￿ed. and have put in pla￿ a system to mthgate these risks. A risk register has been established which will be miewed and updated annually. Audltor In accordance with the companvs artides, a resolution proposing that AzetsAudit SeNces be reappointed as auditor of the (3)mpany will be put at a General Meeting. SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATNE DETAILS Registered Company numbor 03351855 {England and Wales) Regi8t8r8d Charity numb8r 1063655 Rogistorod office SAVS Centre 29131 Ajexander Street Southend on Sea E$s8X SS118W Gabrielle Rydings (resigned 19111r2024) Adrtan Buggle Paul Hill Janip£ Walker Sarah Mitchell David Hurst Chris DeBond Roshan Romal Auditors Azets Audrt Services Chartered Accountants 7￿ Britannia Business Park Comet way Southend on Sea Ess8X SS2 6GE Solicitors BTMK Solicitors 19 Clifftown Road SoLrthend on Sea Ess8X SS1 1AB President His Worship. The Mayor Chief Officer Anthony Quinn SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 FUNDS HELD AS CUSTODIAN FOR OTHERS The charity sometimes holds funds on behalf of a small number of local voluntary organisations who are themselves in the process of obtaining charitable status. This is a sponsorship and govemance service which we provide in the formative months of an emerging chanty and Social Enterprise onty. The funds are accounted separatety for in our accounting records. These funds are only distributed on re￿Ipl of appropriately authorised requests from the organisations involved. At the year-end £0 (2024.. £800) was hekl in this manner. In addition. SAVS holds funds on behalf of the Southend Emergency Fund {SEFI. Ihe Southend Community Investment Fund (CIF) and the Health Inequalities Fund {HIF) and the Big Sparks Fund {BSF)- SAVS is acting as an agent for the distribution of these funds, which come from local Govemment and the Health Sector. As at 31 sl March 2025 funds held on behalf of SEF was £10.909 (2024.. £8.9561. CIF £258.585 (2024". £118.356) and HIF £230.850 (2024. £220.410) and BSF £80.000 (2024.. £0). Disclosure of information to auditor6 Each of the trustees has confirmed that there is no infomiation of which they are aware which is relevant to Ihe audit. but of which the auditor is unaware. They have further confimied thal they have taken appropriate steps to identify such relevant infomalion and to establish that the audiior is aware of such infomiation. The Trustees report was approved by the Board of Trustees. MrA Buggle Trustee Dated: 21 October 2025 10- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who ar8 also the rfirectors of Southend Asso(xation of Voluntary setV[￿ for the purpose of Cfjmpany law, are responsible for preparing the Trustee Annual Report and the finan(aal stalemÈnts In accordan￿ with appli12ble law and United lfjngdom Accounting Standards (Unlted lfjngdom Gen8rdlly Accepted Accounting Prac*ice). Company Law requires the trustees to prepare finan(aal ststements for each finan(aal year which give a twe and fair view of the state of affairs of the chartty and of the ino)ming resour￿ and appli￿tIOn of re50urc£s. including the Income and expenditure. of the charTlable company for that year. n preparing these financtal statem8nts, the trustees are requred to: - seleci suilable a￿U￿ting policies and then appty them u)nsistently: - Obs8p￿ the methots and prinaples in the Charities SORP. - make judgements and estimates that are r&gsonable and prudent. and - prepare the financAal statements on the going concem basis unless it is Inappropriate to p￿SUrne that Ihe charity will ¢J)ntinue In operatron. The trustees are responsibl8 for keeping adequate accounting re(x)rds that disckjse wilh reasonable a(xuracy at any tirne the flnancaal position of the ch8rTty and enable them to ensure that the finan(aal statements comply with the Companies Act 2006. They are also responsible for saf8guarding Ihe assets of the tharity and hence for taking reasonable steps for the prevention and det8Ction of fraud and other irregularitie5. 11 SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES Opinion We have audited the financial statements of Southend Association of Voluntary Setvtces (the 'charitY) for the year ended 31 March 2025 whith comprise the statement of financial ac*ivities, the balance sheet, the statement of cash flows and notes to the finanoal statements, induding signlflcant acc4JJntlng policies. The financial reporting framework that has been applied in thelr preparation is appliixble law and Untted lQngdom Accounting Standards. induding Financ4al Reporting SlarKlard 102 The Finanoal Repo￿ng Slandard applicable in the UK and Republic of lrnland (Unitèd Klngdom Gen8rallyAcopted Aoxuntlng Practiea). In our opinion, th8 financial statements". give a true and fair view of the state of the charilable companys affairs as at 31 March 2025 and of tts incoming resources and applicati￿ of resources, for the year then ended: have been properly prepared in ac¢c￿dan￿ wilh United Klngdom Generally A￿epted Acwunting Pra(Xlce: and have been prepared in acu)rdance with the requirements of the Companies Ad 2006. Basis for oplnion We conducted our aurfit in accorrlance wtth International Standards on AudTling (UIQ (ISAS (UK)) arKI applicabla law. Our r8sponsibilities under those standards are fijrther described in the Auditoffs ￿sPonsi￿1111QS for the audit of the finan￿81 statements sedion of our reporL We ar8 independent of the tharty in aC￿rdan￿ with the ethic requirements that are relevant to our audtt of the financial ststements in the UK induding the FRC'S Ethlcal standard, and w8 have fulfilled (￿r other ethical responslbilities in acojrdance with these requirem8nts. We believe that the audit eviden￿ we have obtained is suffiaent and appropriate to provid8 a basis for our opinion. Conclusions relatlng to golng concern In aud￿ng the financial statements, we have canduded that the T￿￿te8$ use of the going 1x>r￿M ba￿$ of accounting in the preparation of the financyal Statem￿ is appropriato. Based on the work we have performed. we have not identified any Mat￿la1 uncertainties relati￿ to events or condltlons that, indiwdually or collectively, may (xst srgnificant doubt on the Charit￿S ability to continue as a going o)ncem for a period of al least tw* months from when the finanaal statements are authorised for issue. Our responsibilit18s and the responsibilltks of the trustees wilh respeci lo going conGwn are desaibed In the relevant sectrons of this report. Other information The other information comprfses the informatN)n induded in th8 annual report other than the financial statements and our auditcrfs ￿pOrt thereon. The trustees are responsible for the other infomiation contained within the annual report. Our opinron on the financiat 5tatemerrts does not Ix)ver the other infotrnation and we do not express any form of assuran￿ conclusion thereon. Our responsibilty is to read the other infomation and. in doing so, ￿nsider whether the oth8r information is materially inconsistent y￿th the finanual ststements or our knowledge obtained in the course of the audit. or othenNis6 appear5 to be materialty misstated. If we identrfy such material ino)nsistencies or apparent rnaterial misstatements, we are required to detemiine whether this gtves rise to a material misstatement in the finanGial statements themselves. If. based on the work have perfonned. we c(KEolude that there is a material misstalement of this other infonnation. we are required to rewt that f&L We have nothing to report in this regard. Matters on which we ar8 wuired to rnport by exception We have nothing to report in resped of the fomowing matters in relation to véhic*È ￿ Chaiities (Acxounls and Reports) Regulations 2008 require us to report to you rf, in our opinion: Ihe information gNen in the finan(ial ststemerts is InC￿s[Stent in any material resped vitth the Trustees report. or sufficient accounting re(xxds have rH)t been kept. or the financial statements are not in agreemenl with the ac£ountNig reo)rds; or we have not received au the Wrforn￿t￿n and explanalKJns we require for our audit. 12- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES Responsibilitles of trustees As explained more fulty in the statement of Trustees responsibifilies, tha t￿￿tee5. who are also the directors of tho charity for the purpose of company law, are respon￿ble for the p￿paration of the financial statements and for being satisfied that they give a true and fair view. and for such internal ￿ntrol as the trustees detennine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial stslements, the trustees ar8 responsible for assessi￿ the tharitrfs ability to continue as a going conom, disdosing. as applicable, matter5 related to going con¢em and using the going concem basis of accounting unless the truslees either intend to INuidate th8 charitable o)mpany or to Ixase operations. or have no realisttc alternauve bLrt to do so. Auditovs responslbllltles for the audit of the flnanclal statsments We hav8 been appointed as audiior under section 144 of the Charitles Act 2011 and report in ￿)rdan￿ with the Acl and relevant r8gulations made or havtng effect th8reurKler. Our objectives are to obtain ￿asOnabl8 assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or 8rror. and to ￿sue an auditorfs rawt that includes our opinKJn. Reasonable assuranc* is a high level of assurance but is not a guardntee that an aud]t conducted in a0￿rdan with ISAS (UK) will aknys detect a material misstalement when tt exists. Misstatements can arlse from fraud or error and a￿ considered material rf, individually or in the aggregate. they ￿Uld reasonably be expeded to infiuence the economic decisions of users taken on the basis of these finanoal statements. A further description of our responslbilittes is ardli able on the Financial Reporting Council's website al: httpsjl www.froorg.uklauithtorsresponsibibties. This description fonns part of our auditors reporL Extent to which the audit was conslderod ¢apabk of detectlng Irrngularities, Including fraud Irregularities. induding fraud, are instances of nOr￿mpl￿an￿ with laws and regulations. We design procedures In Ilne with our responsibilities, oulllned ab¢)ve aThJ on the Financial Reporbng CounrAI's websrt8. to deted material misstatements In resFect of irregularities. including fraud. We obtaln and update our understanding of the entity. its activrlies. ts control environrnent. and Ilkely futu developments. induding In relation to the legaE and regulatory framework applicable and how th& entity is complying with that framewort Based on this understanding, we identfy and assess the rfsks of material misstatement of the financial statements. whether due to fraud or error. design and p8rfonn audit procedures responsive to those risks. and obtain audit eviden￿ thai is sufficient and appropriate to provide a basis for our opinion. This Indudes considef3tion of the rtsk of acts by the entity that were contrary to app1[￿ble laws and regulatb)ns. induding fraud. In response to the risk of irr8guiarrties and non Not assets 583.376 568.326 Income funds Restrict8d funds Unrestri(Xed funds 277.480 305.896 276.354 291,972 583,376 568,326 16- SOUTHENDASSOCIATION OF VOLUNTARY SERVICES BALANCE SHEET (CONTINUED) AS AT31 MARCH 2025 The company is entitled to the exemption from the audtt requirement contsined in section 477 of the Companies Acl 2006. for the year ended 31 Marth 2025, although an audit has been carried out under section 144 of the Charities Act 2011. The directors acknowledge their responsibilities for complying with the requ1￿mentS of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtsin an audit of its financial ststements under the requirements of the Companies Act 2006. for the year in question in accordan￿ with section 476. These financial statements have been prepared in aco)rdan¢e with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 21 October 2025 /<0. / MrA Buggle Trustee Company Registratlon No. 03351855 17- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash IIow8 from operdting athities Cash generated from operations 19 184.391 235.287 Inv08tlng acdvltles Purchase of tangible fixed assets Interest re￿[Ved (13,112) {14,319) 18.087 Net cash generatad from InvestiThJ activities 17273 3,768 Financing activitias Repayment of loans 12,500) 12,500) Net cash used in financlng athibe8 (2.500) (2,500) Net increase in cash and cagh equivalenls 199,164 236.555 Cash and cash equtval6nts at beginning of year 933.841 697.286 Ca9h and cash equlvalents at end of year 1.133,1)J5 933.841 18- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies Charity information Soulhend Association of Voluntsry servi￿ Is a privat8 company fimrt8d by guarantee n￿rPorated in England and Wales. The registered office is SAVS Centre. 2￿1 Alexandra Streel. soUth8n(￿￿sea. Essex, SS1 IBW. United Klngdom. 1.1 Basis of preparing the financial statements The financial statem8nts have been prepared in ac0)rdan￿ with the tharty's governing document. the Companies Ad 2006, FRS 102 Yhe Financial Reporting Standard applM2ble in the UK and Republic of Ireland. fFRS 102) and Ihe Charities SORP "Acr￿Unting and Reporttng by Charttb88.' Ststamant of Rec)Jmmended Practi￿ applit2ble to charttles preparing their accounts in accordance wtEh the Finan(ial R8POrting Standard applicable in the UK and Republic of Ireland (FRS 102)" {effective 1 January 2019). The charity is a Pubtic Benefft Entity as defin8d by FRS 102 Th8 financaal statements are prepared in sterfing. which is the functional currency of ¢haiity. Monetary amounts in these fjnancial ststements are rounded to th8 nearest £ The ffinancial statements have been prepared under the histori￿1 cJ)st convention. The principal a¢)))unting policies adoptéd are S8t out b81ow. 1.2 Going concem At the time of approving the finanoal SL￿ernents. trust￿ h￿￿ a reasonable expactation that the ¢harity has adequats resources to continu8 in operational ￿StenCe for the foresaeable fLrture. Thus the trustees continue to adopt the going Lxjncern basis of aCc￿)Unting in preparing the finanaal ststements. Further infomiatlon relallng to going con*m can be fourKI in the Report of the Trustees. 1.3 Charitsble funds Unreslrided funds r2n be used in aQxX)rdan￿ with the charitable objectkns ai the dis(xetion of the trustees. Restricted fijnds Can onty be used for part￿￿lar restricted purposes wtthin the objecls of the tharity. Restr￿¢10nS arise when specified by the donor or when funds are rai8ed for parti[￿lar restricted purposes. Further expIanallon of the nature and purposes of each furKI is induded in tha notes to the fjnanct Glatements. 1A Income All inoJJrne is rec¢gnised in trE Statement of Fknandal Acliiribas oncé the ￿￿Tty has entitlement to the funds. rt is probakAe that the income will be retxived and thè amount can be measured reliably. . ExpendFture Liabilrties are recognised as expenditure as soon as there is a legal or construdive ob￿gatIOn (¥>mmitting the arity to that expendtture, it is probable that a transfer of economic beneffts will be required in settlemerrt and the amount of the obligation can be measured reliabty. Expendrture ￿ acu)unted for on an accruals basis and has be&n classified under headings that aggregate all cost rèlated to the ¢2tegory. Iwhere cnsts (annot be diiecty attr(bLrted to particular headiThJs they have been allocated to adivibes on a basis rx)nsistent with the use of resources. Expenses are alloczted per project on a controlled and calculated basis depending on woth load and funding agreement as per grant applic2tions. 19- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounllng pollcies {Contlnued) 1.6 Tanglblo fixed assets Tangible fixed assats are initially measured at cost and subsequenlty measured at sJ)St or vatuation. net of depreciallon and any impaiftnent Ioss89. Depreciation is reeognised so as to write off th8 Cost or Va￿atIon of assets less their residual values over their US8fv1 Iiv8s on the following bases: FLxiures and ffttings Computers Motor vehides 2511A on ￿st 3311A on c))st 250A on o)st 1.7 Baslc financial assets Basic finanaal assets, which include deblors and (3sh and bank balan￿, are initially measured at transathon price induding transactton D)sts and ar8 subsequenty ￿rrbed at amortised Mst using the effectTve int8r8sI method un18ss Ihe atrangem8nt constltutes a financing transaraion, wher8 th8 transaction is measured at the present value of the future r￿ipts (fiscx)unted al a market rate of inleresL FinarKaal assets dassified as receivable within one year are not amortsed. 1.8 Basic financlal liabili(ies Basic finandal liabilibes. indudin9 c*editors and bank loans are inibalty recognised at tran5adion pri￿ unless the affangement constitutes a financing transaction, wher8 the debt instrument is measurgj at the present value of the future paynerfts discounted at a market rate of interesL Financial liabilities dassified as payable within one year ar8 not amortlsed. Debt instruments ar8 gubsw4uentty ￿nied at amorknsed cost using the effective Interest rate method. Trade creditors are obhgaiion6 to pay for goods or servi￿5 that have been acquired in ordlnary course of operations from suppliers. Amounts payable are dassified as current liabilities rf payment Ès due within one year or less. If not. they are presented as nonvcurrent liabilittes. Trade creditors are recognised inrtially at tr8nsacb¢M pri￿ and subsequenty measured at amortised c05t using the effec*ve inter8st method. 1J Taxation The tharity is exempt from ￿rpOratIOn lax on its charitable activitEs. 1.10 Employee benofits The cost of any Unus￿ holiday 8nti118ment is reLwnised in the p8rh)d in whith the employee's serv[￿S are r8ceived. Tennination beneffts are re(J)gnised wnmediately as an exyse when the charity is demonstrably ￿mMItted to terniinate the employment of an employee or to provide terniination beneffts. Critical accounting eslimates and Judgeff•nts In the application of the charity's accounting poliaes, the trustees are required to make judgements. estimates and assumptions aboLrt the ￿rryIng amount of assets and liabilrties that are not readity appa￿nt from other sources. The estKnates and assoriated assumptions a￿ based on histor[￿1 experien￿ and other factors that are (x)nsidered to be reFevanL Actual resufts may differ from these estimates. The estimates and under￿"ng assumpfions are reviewed on an ongoing basis. Revisions to a¢¢ounting estimates are reox)gnised in the period in which the estimate is remsed where Ihe revision affects onty that period. or in the penod of the rgViSK)n and future pertods where the revtsion affects ￿rrent and firture peri¢)ds. -20- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable activitles Charitsbl• Charltabla Income Income 2025 2024 Resour1% office18ttings Sundry in(xJme Grants servi￿ level agreem8nt income 63,035 63,953 104,019 30.301 1.037,844 1,042,095 118.360 117,000 1,323.258 1,253,349 Analysls by fvnd Unrestricted funds Rastricted fijnds 270,617 1.052,641 208,990 1,044,359 1.323.258 1,253.349 Perfornmnco rolated grants Folks Like Us Triple fs induding CIN A Better Start Wellbeing Social Prescrfblng SoLthend Centres for Wannth Communty Buildars Communty Connerknrs Hospital discharge other 53,931 198,870 207,140 204,988 167,500 175,302 197.157 178,306 185.000 39,400 20.11J) 29,050 42,000 69.116 181,975 1.037.844 1,042.095 Donations and ltyacios Unrestrlcted Rostiicted funds Total Unrestiicted Restri(led fijnds funds Total 2025 2025 2025 2024 2024 2024 Donalions 5.272 904 8,478 9,382 -21 SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Unrnstrlctod funds fund6 2025 2024 Bank deposit interest 30.385 18,087 Charltablo a¢tivilies 2025 2024 Stsff ￿St$ Charilable expenditure 884,313 450,412 847,697 410,897 1,334.725 1,258.594 Share of govemarKe C¥)sts 9,140 1,343.865 1.266.544 Anatysis by fund Unrestricted funds Restricted funds 282,738 195,618 1.061.127 1,070,926 1.343,885 1.266,544 Support costs Support Governance 2025 Support Govemance 2024 Audit fees 9.140 9,140 7.950 7.950 9,140 9,140 7,950 Ana]ysed between Charttable adivities 9.140 9,140 7.950 SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Trustees There was Irust88s' remuneration or olher benefits for the year ended 31 Marth 2025 nor fc( tho year ended 31 Marth 2024. No d1￿CtorftruStee receNed any rgmuneration or reimbursemerrt of expenses during the year (2024- none). No directornnjstee or olher person related to the tharity had any personal w]terest in any o)rrtra¢X or transaction entered into by the L*arity during th8 y8ar (2024- none). Trustees, expenses Th8r8 were no tswstees, expenses patd for the year ended 31 March 2025 nor for the year ended 31 Marth 2024. Employees The av8rag8 monthly number of empbyees during the year was: 38 2025 Number 2024 Numbar Chpf officer Pmject workers Administration l Financial Manage￿￿nt Deputy Chief Officer 27 26 Total 37 Employmgnt costs 2025 2024 Wages and salaries 884,313 847,697 The number of employe88 WtKJsa amuaj remuneration was more than £60.000 is as follows: 2025 Number 2024 Number 10 Taxation The charity is exempt from tax on income and gains falling within section 505 of the Taxes Ad 1988 or section 252 of the Taxation of Chargeable Gatns Act 1992 to the extent that these are applied lo its charttable obje(ts. SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Tanglble fixed assets Ilttln At 1 AprK 2024 Addtllons 64,721 8,700 56.312 4,412 13,670 134.703 13.112 At 31 March 2025 73.421 13,670 147,815 Depreciation and Impalm￿nt At 1 April 2024 Deprec4ation tharg8d in the year 48,135 3.904 13.670 122,151 7,315 3.411 At 31 March 2025 63,757 52,039 13,670 129.466 Canying amount At 31 March 2025 8,685 18.349 At 31 March 2024 4.375 8.177 12.552 12 Dobtors 202S 2024 Amounts falllng due within one year. Trade debtors other debtors Prepayments and accruad income 35,752 6,089 9269 23.204 Trade debtors discaosed above are dassified as loans and recelvable5 and are therefore measured at amortised Cost. 13 Credittirn: amoui)ts falllng due wlthin one year 2025 2024 Other loans (see note 15) Trade creditors Other creditors Acwed expenses 16 2,500 515 599,616 25,311 2,500 3.206 366.722 21.343 627,942 393,771 -24- SOUTHEND ASSOCIATION OF VOLUNTARY SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Credltors: amounts falling duo after moro than one y￿r 2025 2024 Other bans (see note 151 15 5,000 7,500 16 Loans and ovordrnfts 2025 2024 Other loans 10.000 Payable within on8 year Payable after one year Th8 loan abov8 was re¢eNed from Southen(kon-Sea Borough Council in 2005 to ffinance the defiot on the Alexandra Street projecL It is interest free and repayable in annual instalments of £2.500. the last ir￿tal￿ent falling due on 30th November 2027. -25- a) r ¢yio Thl * In ￿ 47) f ts) (ry ¢3) O cth) 0> (N￿ *XIQ ¢D(ry￿0 OOO*¢Q¢QC*4 10 Fr ¢xi c O( r-- * ￿- ( O (0 (¥4 00* ou>n ooff) iv) ¢Y f£> C4 In r Cq