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2022-03-31-accounts

Glossop and District Volunteer Bureau operating as

The Bureau

Report and Financial Statements for the Year Ended 31 March 2022

Company number 3455027 Charity number 1067170

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Company number 3455027 Charity number 1067170

Registered office and operational address Bank House, 22 Henry Street, Glossop, SK13 8BW

Board of Trustees Members of the Board of Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Sue Nash

Elaine Richardson

Andy Zuntz Wayne Prior Catherine Cundy (resigned 24 August 2022) Peter Carefoot Simon Rogers

Staff

Natalie Rhodes Chief Officer Sophie Glinka Chief Officer (left September 2021) Karen Gard Finance and Compliance Officer/BBO Administrator Ruth Towner-Yates Community Health and Wellbeing Manager Damien Greenhalgh Service Development and Programmes Manager (left February 2021) Lauren Moore Central Services Lead Rebecca Hyde Finance Officer Ed Kelly Life Skills Lead Matthew Gregory Community Development Lead Janice Imrie PCN Link Worker Lisa Newens Community Navigator Bev Maycock Community Navigation Triage Paul Kiddy Sight Loss and Call Companions Coordinator Graham Morgan BBO Work Coach Emma Delany Digital Health Lead Jon Grace Green Social Prescribing Programme Manager

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Russell Gard Employability Advisor Janine Bramald Car Scheme Coordinator Jennifer Godwin Befriending Coordinator Paula Rydings Life Skills Support Worker Fiona Nelson Volunteer Coordinator Helen Thornhill Move More Project Lead Charlotte Winterbottom Community Development Lead Joshua Asquith Communications Administrator Lauren Hastie Peer Support administrator Pauline Herbert Cleaner Sandra Henderson Community Engagement Worker

Bankers National Westminster Bank plc Norfolk Square, Glossop, Derbyshire SK13 8BR Independent Christy Lau FCCA DChA, Slade & Cooper Limited examiner Beehive Mill, Jersey Street, Ancoats Manchester, M4 6JG

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Chair’s Review

Welcome to the Annual Review for year ending 31[st] March 2022.

Once again, we need to mention the COVID 19 pandemic and how the Bureau has managed to continue with its work on supporting the health and well being of the residents of Glossopdale throughout this year.

The Bureau is still dealing with the remnants of the Pandemic. This had led to an increased demand for befriending services, partly due to the isolation of people in the community caused by the pandemic but also because of how important the befriending service is perceived by the community.

The core areas of the Bureau’s work including the Car Scheme continue to grow with demand constantly increasing. Other areas of the Bureau’s work which is having an impact on the lives of Glossopdale residents is the Life Skills and the Towards Work programme as well as the ‘Move More’ project. Positive reviews of these services illustrate how vital these services are to the community.

Financially, as can be seen in the accounts, the Bureau has reached a ‘break even’ position which is always the aim of the organisation.

With the strategic developments within the NHS and other funding issues facing an organisation like the Bureau, the following period is expected to be challenging but the Bureau, as always will continue to focus its aims and objectives in supporting the well being of the Glossopdale Community.

Finally, it is important to recognise the role the Chief Officer, staff and volunteers have had in shaping the Bureau into the organisation which can deliver these services, so again, we offer our sincere thanks to all people involved in ensuring the Bureau is able to do what it is here for.

Susan Nash (Chair of the Board of Trustees)

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Objectives and Activities

The Board of Trustees reviews the aims, objectives and activities of the charity each year. This report sets out our activities and looks at the outcomes we have achieved over the previous year. The review examines the success of each key activity and the benefits experienced by residents and groups across Glossopdale. The review also helps us to ensure that our aims, objectives and activities remain focussed on our stated purposes, and directed towards public benefit.

The Board has referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Board has considered how planned activities will contribute to the set aims and objectives.

The Bureau is a community wellbeing charity dedicated to improving the quality of life for the people of Glossopdale and the surrounding areas. We support people and communities across Glossopdale to take action that improves the quality of life of local people, by creating solutions and opportunities that enable them to create positive social change and community benefit. This is all underpinned by our values of:

We continue to use our 3 year strategic plan developed in November 2019, setting 5 key aims, to:

  1. Be a catalyst for community wellbeing and activity

  2. Grow and respond to unmet local need

  3. Support the VCSE in Glossopdale

  4. Enable local voices to be heard

  5. Invest in the future of our organisation

We will be looking to review our strategy in the coming year but will continue to work uniquely; treating all our projects and activities as an interdependent model that can flex, grow and respond to the needs, interests and opportunities within our community. The model continuously changes as we review what works and respond to feedback, or as the funding landscape changes. Despite these changes, our work always falls into the following areas:

We work with commissioners and strategic partners to shape future provision and respond to local gaps and needs. Where services are not good enough, it acts as a mouthpiece for local people, to be a catalyst for change and improvement. The Bureau works to connect health, social care and other public services to community initiatives, to support people towards wellness. Our priority is people, treating them as individuals, never assuming what is right for them and accepting them for who they are. We walk alongside people to offer a person-centred approach to improving wellbeing.

The varying support we offer is an interdependent web that wraps around an individual to support them with their needs and provide opportunity for them to give to others, often simultaneously, through voluntary activity. Our volunteers are at the heart of who we are and what we do. They are the thread that runs through every project,

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helping us to reach more people in our community and bringing a wealth of skills and experience. We value each and every person that comes to us for support or to give their time. There is something for everyone, and we make roles to suit them rather than fitting them into roles we need. Because of this we have an incredibly diverse range of activities happening at The Bureau, where people can be valued for who they are and be allowed to shine.

What we do

The following is a summary of the main activities provided over the last year, although most were delivered remotely over the telephone or using video call technology. As the COVID-19 pandemic gained traction in March 2020, we quickly amended our range of services in order to provide what our community most needed. This was in the form of our normal services, in addition to ensuring our community had all its basic needs – food, medication, and friendship.

1. Social Connections:

2. Social Sessions:

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3. Volunteering:

Volunteering is at the heart of everything we do and has been a key part of the support we have offered our community during the pandemic. We offer a variety of volunteering roles from befriending, to driving, to reception and administration roles, including one-offs, 1-to-1 and group roles. Through ‘shout outs’ of one-off opportunities, we flexibly match people’s interests, time, skills, experience and enthusiasm to the needs of our clients. We currently have 232 active volunteers supporting our work – you can see in the section below some of the impact they have made on their local community, which has been inspiring and overwhelming.

4. Supporting Community Wellbeing:

We are working as part of our local integrated care organisation to support our community and the individuals in it to increase their capacity to manage their own health and wellbeing, whilst reducing demand on overstretched statutory services. We are supporting this work through 3 strands of work:

5. Pre-employment support:

These services are for people who face additional issues or barriers in their lives, including housing, mental ill health, drug and alcohol problems, and low confidence and self-esteem, helping to enable them to reach their goals. This support is offered through three key projects:

6. Bureau Partnerships:

Our purpose is to create solutions and opportunities that enable people and communities to create positive social change and community benefit . We recognise that we can’t do this alone and to achieve this we need to work in partnership with other people and organisations that share our purpose. This year we have developed formal coworking partnerships with:

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What we’ve achieved

Through working collaboratively with statutory organisations, other voluntary sector organisations, grass roots groups, local businesses, volunteers, individuals and our community as a whole, we have this year supported 1858 individuals with the help of our 190 active volunteers.

Some stand out achievements from the last 12 months include:

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Ongoing response to and impact of Covid -19

Impact on Volunteers, Staff, and Beneficiaries

This year has seen a staged reduction of COVID-19 restrictions and some ability to progressively return to business as usual. The pandemic has created a long-lasting wellbeing impact on some of our most vulnerable clients and volunteers and this has been one the challenges of returning to normality. Such challenges include, new presenting anxiety for people who were shielding and who now fear for their safety as restrictions are removed and they are able but cautious about socialising and/or venturing out freely; a deterioration in peoples mental, physical and emotional wellbeing presenting new challenges in engaging and supporting people and ongoing work to support statutory partners as their services return to normal. During this past year, we have received unwavering and tireless support from our wonderful volunteers including many new ones and they have helped us through the changing restrictions to deliver all the wonderful impact outlined above. Our staff team has been outstanding, showing flexibility and versatility in how they deliver their work in a way that best suits their clients. We have again retained our full staff team this year and have made some new additions to our back-office staff, allowing us to develop a more far reaching communications strategy to encourage people to re-engage and also to set up new activities that meet presenting needs. Moving into the next year we are filled with hope and plans for how we can continue to help rebuild our community and offer support to those who need it as we all recover from the effects of the pandemic.

Financial impact

The last financial year despite some trepidation saw us bring in some very useful funding that allowed us to grow and develop new activities that helped to navigate challenges presented by COVID and to build resilience. Although some funding remained short term (6 months), we were able to re-apply and therefore this actually resulted in some stabilising support from these funders. For the first half of the year, we continued to face challenges due to the changes in our business model and funding structures. In particular our inability to rent room space to partners was a loss of income for us. However, we did receive the gift aid in this financial year from a significant donation the year before and with some underspend on core funding for COVID operations carried over we were able to utilise this money to support our re-growth. Despite a projected deficit at the beginning of the year, due to a number of ongoing successful funding bids we are ending the year in a strong position, with operating costs managed within available income when taking into account restricted funds brought forward from 2020-21 and carried forward to 2022-23, thanks to the hard work of our staff and our excellent funders. The Board of Trustees consider that our charity remains a going concern notwithstanding the impact of Covid 19.

We are taking the following action to mitigate financial risk and effectively plan:

Employees of The Bureau are entitled to join a defined contribution money purchase pension scheme. Two exemployees are members of a defined pension scheme. The Bureau is liable to ongoing additional contributions to this scheme due to scheme underfunding. An underfunding recovery plan has been instigated by the trustees of this scheme with this position reviewed every 3 years. The last review was completed on the 30/9/20. The liability for

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each organisation is recalculated at review date. The current forecasted end date of the recovery plan is January 2025.

An ongoing financial risk remains here, dependent on the performance of the fund and the overall membership of the fund. Whilst there remains a deficit in the fund, our financial obligations will continue. For more information see note 27 in the accounts.

Recovery

We are now well into the recovery phase for our services and that of the wider VCSE in Glossopdale. We have - attempted to build on the energy and community mindedness that we have seen during the pandemic and this has led to us working locally to find new solutions to presenting problems. We have co-produced a number of new activities that take into account the challenges of the pandemic and therefore navigate them more easily. This has included the ability to revert to online support fairly quickly and use green space more for the delivery of services and activities. In the next financial year we face some new challenges rooted in some statutory system changes in the health care service who currently contribute about a third of our income. Glossop faces a boundary change moving it fully into the Derbyshire footprint. We are also anticipating some cuts to our core infrastructure funding from Derbyshire County Council. Our plan is to:

Financial review

Year Summary

The total income for the year was £600,715 with a total expenditure of £660,679 resulting in a reported operating deficit of £59,964. However, the restricted funds brought forward from 2020-21 were £121,351 and the restricted funds being carried forward to 2022-23 are £62,005. When these figures are taken into account the amended result is a small deficit of £618. This is more or less a breakeven position which is what we should be aiming for every year.

Our main funders over the year were Tameside and Glossop Integrated Foundation Trust, Derbyshire County Council, Greater Manchester Health and Social Care Partnership, High Peak Borough Council, Tameside and Glossop CCG, The National Lottery and the European Social Fund.

Reserves Policy

Overall reserves at 31/3/2022 were £489,236, comprising £62,005 restricted funds and £427,231 unrestricted funds. See note 21 in the accounts for more information.

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The Bureau will seek, where possible, to maintain a general funds reserve equivalent to its running costs for a period of no less than three months and no more than six months.

Plans for the Future

The coming years are likely to bring more challenges and opportunities for the Bureau, local people across Glossopdale and the VCSE sector. However, we are well placed to respond to these. Whilst we cannot predict what these challenges and opportunities will be, there are a range of factors that will influence us over the coming years including:

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and projections show a much larger ageing population with a deficit in numbers entering working age. We plan to spend time understanding the unique characteristics of our community and proactively problem solve gaps and needs by working in partnership and drawing in resources.

Structure, Governance and Management

The Bureau is a charitable company limited by guarantee, incorporated on 24 October 1987 and registered as a charity on 6 January 1998.

The company was established under a memorandum of association which established the objects and powers of the charitable company, and is governed under its articles of association.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2018 was 6. The Board of Trustees are members of the charity but this entitles them only to voting rights. The Board has no beneficial interest in the charity.

All Board members give their time voluntarily and receive no benefits from the charity.

Under the requirements of the Memorandum and Articles of Association, the members of the Board of Trustees retire in rotation over a three-year period after which they must be re-elected at the next Annual General Meeting. Trustees may make a recommendation at an Annual General Meeting or through an ordinary resolution to either fill a vacancy or appoint an additional Trustee in accordance with the Articles of Association. New Trustees receive an induction from the Chief Officer and the Chair.

Risk Management

The Board of Trustees meets six times a year at which it reviews progress against budget and agreed plans, and considers and defines forward strategy. In particular, the Trustees consider appropriate action to mitigate risk as well as ensuring that planned activities contribute to The Bureau’s charitable objectives that have been set.

Statement of responsibilities of the Board of Trustees

The Board of Trustees (who are also directors of The Bureau for the purposes of company law) are responsible for preparing the Board’s annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Board 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 these financial statements, the Management Committee are required to:

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The Board is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable it 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.

The Board is responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Independent Examiner

Christy Lau of Slade & Cooper Ltd was re-appointed as the charitable company's Independent Examiner during the year and has expressed her willingness to continue in that capacity.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The Board’s annual report has been approved by the Board on 21/09/2022 and signed on its behalf by

Susan Nash

Chair

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Independent examiner’s report to the trustees of Glossop and District Volunteer Bureau

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2022 which are set out on pages 15 to 38.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christy Lau FCCA CTA DChA Association of Chartered Certified Accountants Slade & Cooper Limited Beehive Mill, Jersey Street Ancoats Manchester, M4 6JG

Date 15 November 2022

Glossop and District Volunteer Bureau (The Bureau)

Statement of Financial Activities

(including Income and Expenditure account) for the year ended 31 March 2022

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
3,449
Charitable activities:
4
Core activities
5,000
Projects and other
4,500
5
34,699
Investments
6
733
Total income
48,381
Expenditure on:
Charitable activities:
7
Operating costs
48,999
Direct project costs
-
Total expenditure
48,999
9
(618)
Net movement in funds for the year
(618)
Reconciliation of funds
Total funds brought forward
427,849
Total funds carried forward
427,231
Other trading activities
Net income/(expenditure) for the
year		 Restricted
funds
£
4,663
96,787
450,884
-
-
552,334
154,062
457,618
611,680
(59,346)
(59,346)
121,351
62,005		 Total funds
2022
£
8,112
101,787
455,384
34,699
733
600,715
203,061
457,618
660,679
(59,964)
(59,964)
549,200
489,236		 Total funds
2021
£
50,973
82,936
615,610
43,828
251
793,598
222,117
323,918
546,035
247,563
247,563
301,637
549,200

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

A full comparative SOFA is available on the last page of the financial statements.

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Glossop and District Volunteer Bureau (The Bureau) Company number 3455027

Balance sheet as at 31 March 2022

Note
£
£
Fixed assets
Tangible assets
14
8,238
Total fixed assets
8,238
Current assets
Debtors
15
22,021
Cash at bank and in hand
16
609,986
Total current assets
632,007
Liabilities
Creditors: amounts falling
due in less than one year
17
(151,009)
Net current assets
480,998
Total assets less current liabilities
489,236
Net assets
489,236
The funds of the charity:
Restricted income funds
19
62,005
Unrestricted income funds
20
427,231
Total charity funds
489,236
2022		 £
£
9,272
9,272
107,013
496,693
603,706
(63,778)
539,928
549,200
549,200
121,351
427,849
549,200
2021		 £
£
9,272
9,272
107,013
496,693
603,706
(63,778)
539,928
549,200
549,200
121,351
427,849
549,200
2021
9,272
539,928
549,200
549,200
121,351
427,849
549,200

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 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 notes on pages 18 to 38 form part of these accounts.

Approved by the trustees on / /2022 and signed on their behalf by:

Wayne Prior (Treasurer)

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Glossop and District Volunteer Bureau (The Bureau)

Statement of Cash Flows for the year ending 31 March 2022

Note
2022
£
Cash provided by/(used in) operating activities
23
118,184
Cash flows from investing activities:
Dividends, interest, and rents from investments
733
Proceeds from sale of tangible fixed assets
Purchase of tangible fixed assets
(5,624)
Cash provided by/(used in) investing activities
(4,891)
113,293
Cash and cash equivalents at the beginning of the year
496,693
Cash and cash equivalents at the end of the year
609,986
Increase/(decrease) in cash and cash
equivalents in the year		 2021
£
277,920
251
7,500
(6,732)
1,019
278,939
217,754
496,693

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Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Glossop and District Volunteer Bureau (The Bureau) meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trtustees have made no key judgments which have a significant effect on the accounts.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Income

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

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 and is not deferred.

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

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

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Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

d Donated services and facilities

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

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

e Interest receivable

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

f Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

g Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

i Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Mini-bus 5 years Office equipment 3 years

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Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

j Debtors

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

k Cash at bank and in hand

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

l Creditors and provisions

Creditors and provisions are recognised where the charity 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 trade discounts due.

m Financial instruments

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

n Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 10. There were no outstanding contributions at the year end (2021: £nil).

Two ex-employees are members of a defined benefit pension scheme with The Pensions Trust. Additional contributions to this scheme due to underfunding are included in pensions expenditure. Further details are given in note 24.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

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Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

3 Income from donations and legacies

Donations
Total
Donations
Total
Current reporting
period
Previous reporting
period		 Unrestricted
£
3,449
3,449
Unrestricted
£
50,973
50,973		 Restricted
£
4,663
4,663
Restricted
£
-
-		 Total 2022
£
8,112
8,112
Total 2021
£
50,973
50,973

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Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

4 Income from charitable activities

Core activities
Derbyshire County Council
High Peak Borough Council
GMHSCP
Projects and other
Tameside & Glossop CCG
Car Scheme
Peer Support
Derbyshire County Council
Volunteering
Active Travel
English Sports Council
Youth Matters
European Social Fund
BBO
Futures
Police and Crime Commissioner
Total
NHS Manchester CCG
Connex Community Support
Peter Sowerby
Elemental
COVID-19 - Volunteer
Expenses
Move More
British Cycling Federation
Alpkit Foundation
High Peak Borough Council
GM Moving
Social Connectedness
NAVCA
Bureau Befriending
Current reporting
period
Action Together
Simmondley Medical Practice
The National Lottery -
Befriending
High Peak CVS
Glossopdale Community
Messengers project
Christmas Holiday Activity
Easter Holiday Activity Fund
ICFT Grants
Tameside & Glossop Integrated
Care NHS Foundation Trust		 Unrestricted
£
-
5,000
-
5,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,000
-
-
-
-
-
-
-
1,500
-
-
4,500
9,500		 Restricted
£
21,936
-
74,851
96,787
16,000
20,000
19,175
6,859
17,754
6,396
8,192
4,489
2,500
29,937
19,418
24,990
124,735
24,329
2,000
500
23,169
32,129
-
34,473
22,356
2,489
6,887
1,334
246
200
-
77
250
450,884
547,671		 Total 2022
£
21,936
5,000
74,851
101,787
16,000
20,000
19,175
6,859
17,754
6,396
8,192
4,489
2,500
29,937
19,418
24,990
124,735
24,329
2,000
500
23,169
32,129
3,000
34,473
22,356
2,489
6,887
1,334
246
200
1,500
77
250
455,384
557,171

22

Glossop and District Volunteer Bureau (The Bureau)

4 Income from charitable activities (cont.)

Notes to the accounts for the year ended 31 March 2022 (continued)

Unrestricted
£
Core activities
Derbyshire County Council
21,936
High Peak Borough Council
5,000
GMHSCP
-
26,936
Projects and other
Tameside & Glossop CCG
Car Scheme
-
Digital Support
-
Derbyshire County Council
Volunteering
-
-
-
Glossopdale Community Messengers
-
Youth Action
-
Call Companions
-
European Social Fund
BBO
-
Futures
-
-
Living Life Well Design Team
-
-
-
-
-
10,000
-
-
-
15,000
-
8,180
-
-
3,000
-
2,227
-
Room hire, fees & other income
35,025
73,432
Total
100,368
Befriending support
More Move Glossop
GM Moving
Business grant
Action together
Simmondley Medical Practice
The National lottery
Garfield Weston
National Lottery - Awards for All
Foundation Derbyshire
High Peak CVS
Social Connectedness HP
GMCVO
NAVCA
Self Help Services - Big Life
Co-op Local Community Fund
Councillor Initiative Fund
Making Glossop Dementia
Friendly
Active Travel
Tameside & Glossop Integrated
Care NHS Foundation Trust
Big Lottery Building
Communities Fund
Previous reporting
period		 Restricted
£
-
-
56,000
56,000
16,000
49,902
19,175
6,625
2,679
15,218
9,700
1,965
36,135
19,903
152,479
13,000
6,887
500
29,132
20,427
-
71,344
27,290
18,120
-
9,778
-
1,334
3,180
-
11,215
-
190
-
542,178
598,178		 Total 2021
£
21,936
5,000
56,000
82,936
-
16,000
49,902
-
19,175
6,625
2,679
15,218
9,700
1,965
-
36,135
19,903
152,479
13,000
6,887
500
29,132
20,427
10,000
71,344
27,290
18,120
15,000
9,778
8,180
-
1,334
3,180
3,000
11,215
2,227
190
35,025
615,610
698,546

23

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

5 Income from other trading activities

Income from other trading activities
Room hire & other income 2022
£
34,699
34,699		 2021
£
43,828
43,828

All income from other trading activities is unrestricted.

6 Investment income

Investment income
Income from bank deposits 2022
£
733
733		 2021
£
251
251

All investment income is unrestricted.

24

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

7 Analysis of expenditure on charitable activities

Staff costs
Project costs
Running costs
Depreciation
Staff costs
Project costs
Running costs
Bad debts
Depreciation
Restricted expenditure
Unrestricted expenditure
Governance costs
(see note 8)
Current reporting
period
Governance costs
(see note 8)
Previous reporting
period		 Operating
costs
£
128,146
-
64,173
6,658
4,084
203,061
Operating
costs
£
163,159
-
49,323
97
6,023
3,515
222,117		 Direct project
costs
£
371,912
85,706
-
-
-
457,618
Direct project
costs
£
247,808
76,110
-
-
-
-
323,918
2022
£
611,680
48,999
660,679		 Total 2022
£
500,058
85,706
64,173
6,658
4,084
660,679
Total 2021
£
410,967
76,110
49,323
97
6,023
3,515
546,035
2021
£
542,840
3,195
546,035

25

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

8 Analysis of governance and support costs

Current reporting period

Basis of
apportionment
Independent examination
Governance
Legal and professional
Governance
Basis of
apportionment
Independent examination
Governance
Legal and professional
Governance
Net income/(expenditure) for the year
This is stated after charging/(crediting):
Depreciation
Loss or profit on disposal of fixed assets
Operating lease rentals:
Property
Other
Independent examiner's fee
period
Previous reporting
period		 Governance
£
1,500
2,584
4,084
Governance
£
1,500
2,015
3,515
2022
£
6,658
-
24,000
1,005
1,250		 Total 2022
£
1,500
2,584
4,084
Total 2021
£
1,500
2,015
3,515
2021
£
6,023
(4,010)
24,000
1,340
1,250

9 Net income/(expenditure) for the year

26

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

10 Staff costs

Staff costs during the year were as follows:

ff costs during the year were as follows:
Wages and salaries
Social security costs
Pension costs
Recruitment, training and other staff costs		 2022
£
444,453
28,901
16,106
10,598
500,058		 2021
£
374,087
24,313
7,328
5,239
410,967

No employees has employee benefits in excess of £60,000 (2021: Nil).

The average number of staff employed during the period was 24 (2021: 21). The average full time equivalent number of staff employed during the period was 17 (2021: 15).

The key management personnel of the charity comprise the trustees and the Chief Officer. The total employee benefits of the key management personnel of the charity were £63,419 (2021: £46,008).

11 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2021: Nil).

No members of the management committee received travel and subsistence expenses during the year (2021:£nil).

Aggregate donations from related parties were £nil (2021: £nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2021: nil).

27

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

12 Government grants

The government grants recognised in the accounts were as follows:

Derbyshire County Council
High Peak Borough Council
Tameside & Glossop CCG
Manchester CCG
Police and Crime Commissioner
Tameside & Glossop Integrated Care NHS		 2022
£
80,312
37,129
36,000
149,064
24,990
2,000
302,505		 2021
£
77,298
35,427
65,902
172,866
-
-
351,493

The unfulfilled conditions and contingencies attaching to the grants were to complete restricted projects (see note 19).

13 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

28

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

14 Fixed assets: tangible assets

Cost
Additions
Disposals
Depreciation
Charge for the year
Disposals
Net book value
15
Debtors
Grants receivable
Other debtors
Prepayments and accrued income
At 31 March 2021
At 1 April 2021
At 1 April 2021
At 31 March 2022
At 31 March 2022
At 31 March 2022		 £
29,560
5,624
(1,680)
33,504
20,288
6,658
(1,680)
25,266
8,238
9,272
2022
£
-
4,546
17,475
22,021
Office
equipment		 £
29,560
5,624
(1,680)
Total
33,504
20,288
6,658
(1,680)
25,266
8,238
9,272
2021
£
96,791
1,800
8,422
107,013

29

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

16 Cash at bank and in hand

16
Cash at bank and in hand
2022
£
Short term deposits
451,129
Cash at bank and on hand
158,857
609,986
17
Creditors: amounts falling due within one year
2022
£
Short term compensated absences (holiday pay)
10,832
Other creditors and accruals
23,149
Deferred income
117,028
151,009
18
Deferred income
2022
£
Deferred grant brought forward
26,887
Grant received
117,028
Released to income from charitable activities
(26,887)
Deferred grant carried forward
117,028		 2021
£
200,396
296,297
496,693
2021
£
9,953
26,938
26,887
63,778
2021
£
-
26,887
-
26,887

30

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

19 Analysis of movements in restricted funds

Core activities
GMHSCP
Projects
ESF BBO
Life Skills
ICFT
Car Scheme
DCC Active Travel
DCC
Youth
Action
Total
Elemental
Alpkit
Thursday Friends
Social Fund Spot
Purchase
Peer Support
Place Based
Activities
High Peak CVS
Social
Connectedness HP
Alliance
DCC Time Out
Derbyshire County
Council
Volunteering
Action Together
DCC Glossopdale
Community
Messengers project
Simmondley
Medical Practice
National Lottery -
Awards For All
Current reporting
period
Befriending support
CCG Digital Support
GM Moving		 Balance at
1 April
2021
£
-
-
321
-
-
24,329
6,887
9,778
-
-
-
-
9,938
9,700
49,903
10,495
-
-
-
-
-
-
-
-
121,351
121,351		 Income
£
74,851
74,851
-
29,937
44,408
126,735
29,243
-
16,500
19,175
6,859
22,929
17,754
-
53,983
34,473
1,580
43,169
24,847
2,489
250
2,371
781
477,483
552,334		 Expenditure
£
(74,851)
(74,851)
(321)
(29,937)
(44,408)
(151,064)
(30,163)
(9,778)
(16,500)
(19,175)
(6,859)
(21,936)
(9,938)
(9,700)
(46,403)
(57,536)
(34,473)
(1,580)
(31,909)
(11,897)
(2,489)
(47)
(528)
(188)
(536,829)
(611,680)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2022
£
-
-
-
-
-
-
5,967
-
-
-
-
993
17,754
-
3,500
6,942
-
-
11,260
12,950
-
203
1,843
593
62,005
62,005

31

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

19 Analysis of movements in restricted funds (cont.)

Core activities
Projects
ESF BBO
ESF Futures
ICFT
T&G PCT
DCC Active Travel
Call Companions
GMCVO
Total
More Move Glossop
DCC Youth Action
The National
Lottery
National Lottery -
Awards for All
DCC Glossopdale
Community
Messengers
project
Simmondley
Medical Practice
DCC Making
Glossop Dementia
Friendly
CCG Digital Support
High Peak CVS
Social
Connectedness
HP Alliance
Self Help Services
- Big Life Group
Councillor
Initiative Fund
Big Lottery Building
Connections Fund
Befriending support
Living Life Well
Design Team
Action Together
Derbyshire County
Council
Volunteering
GM Moving
Previous reporting
period
GMHSCP		 Balance at
1 April
2020
-
-
-
-
14,927
13,396
-
-
-
(90)
-
-
-
-
-
-
-
37,780
-
-
-
-
-
-
-
66,013
66,013


 Income
56,000
56,000
71,344
36,135
19,903
152,479
13,000
6,887
500
29,132
9,778
16,000
19,175
6,625
2,679
15,218
9,700
1,965
49,902
20,427
27,290
18,120
1,334
3,180
11,215
190
542,178
598,178		 Expenditure
(56,000)
(56,000)
(71,023)
(36,135)
(34,830)
(141,546)
(13,000)
-
(500)
(29,042)
-
(16,000)
(19,175)
(6,625)
(2,679)
(5,280)
(1,965)
(37,779)
(11,632)
(27,290)
(18,120)
(1,334)
(1,670)
(11,215)
-
(486,840)
(542,840)		 Transfers
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2021
-
-
321
-
-
24,329
-
6,887
-
-
9,778
-
-
-
-
9,938
9,700
-
49,903
8,795
-
-
-
1,510
-
190
121,351
121,351

32

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

19 Analysis of movements in restricted funds (cont.)

Name of fund Description, nature and purposes of the fund GMHCP Funding from the Person Centred and Community Approaches Team at the Greater Manchester Health and Social Care Partnership to provide support to Social Prescribing schemes across Greater Manchester. ICFT Funding from Tameside and Glossop Integrated Care Foundation Trust to support the community and individuals in it to increase their capacity to manage their own health and wellbeing whilst reducing the demand on overstretched statutory services T&G CCG Digital Funding to work with primary care to develop a volunteer support model Support to promote and enable the use of digital self-care initiatives for patients DCC - Volunteering Infrastructure Grant award for the development of opportunities for volunteering in the community. DCC - Active Travel Funding for volunteer car scheme to support vulnerable people to attend medical appointments DCC - Time Out A social support group that provides the opportunity for help with weekly shooping and other essentials Glossopdale Fund to provide community stakeholders in Glossopdale with the Community information on all aspects of COVID-19 and feedback community insight Messengers Project and intelligence to the Public Health team DCC - Youth Action Scoping out and production of report re support for children and young people's mental health and wellbeing Call Companions Fund to support volunteers to provide a weekly befriending phone call to the most lonely and socially isolated people within our community ESF - BBO Funding from the European Social Fund, administered via Groundwork Nottingham, to provide a Work Coach pre employment support service covering Glossop and New Mills. Life Skills A programme which provides group work, 1-2-1, and mentorship support to move people towards meaningful activity Befriending Support Contribution to The Bureau's befriending offer GM Moving Funding for a development worker to promote, develop and support initiatives that help people to be become more physically active. Also funding to deliver projects within the community to encourage people to be more active Simmondley Medical Funding from Glossopdale PCN for a social prescribing link worker to Practice - Primary support patients in Glossopdale to access community initiatives Care Network National Lottery - Funding to support CV workshops and drop in sessions for clients wanting Awards For All to move into work or change jobs HP CVS - Social Public Health funded initiative to reduce loneliness and social isolation, Connectedness HP delivered in partnership with the High Peak VCSE Alliance. Alliance Car Scheme This scheme coordinates volunteer drivers to transport elderly and vulnerable clients who have no other means of transport to medical appointments Place Based Activity groups including coffee mornings, gardenening club and cookery Activities/Peer classes for clients that needs to build confidence, self-esteem and are Support socially isolated. Thursday Friends Weekly volunteer-led social connection for those living with dementia and their carers

33

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

20 Analysis of movement in unrestricted funds

Bureau befriending
Bureau befriending
Redundancy
General fund
Redundancy
Current reporting
period
Previous reporting
period
General fund		 Balance
at 1 April
2021
£
359,520
26,375
41,954
427,849
Balance
at 1 April
2020
£
225,715
9,909
-
235,624
 Income
£
39,026
9,355
-
48,381
Income
£
128,954
16,466
50,000
195,420		 Expenditure
£
(7,045)
-
(41,954)
(48,999)
Expenditure
£
4,851
-
(8,046)
(3,195)		 Transfers
£
-
-
-
-
Transfers
£
-
-
-
-		 As at 31
March 2022
£
391,501
35,730
-
427,231
As at 31
March
2021
£
359,520
26,375
41,954
427,849

Name of fund Description, nature and purposes of the fund

General fund The free reserves after allowing for all designated funds Redundancy In the event that the charity is wound up and staff made redundant, funds have been designated to cover the cost of redundancy based on the maximum that could be incurred in the 2020/21 financial year based on age, length of service and weekly pay of all eligible staff Bureau befriending Befriending project

34

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

21 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Total
Tangible fixed assets
Net current assets/(liabilities)
Total
Current reporting
period
Previous reporting
period		 General
fund
£
8,238
383,263
391,501
General
fund
£
9,272
350,248
359,520		 Designated
funds
£
-
35,730
35,730
Designated
funds
£
-
68,329
68,329		 Restricted
funds
£
-
62,005
62,005
Restricted
funds
£
-
121,351
121,351		 Total
£
8,238
480,998
489,236
Total
£
9,272
539,928
549,200

22 Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:

Less than one year
One to five years		 2022
2021
£
£
24,000
24,000
72,000
-
96,000
24,000
Property		 2022
2021
£
£
-
1,005
-
-
-
1,005
Equipment		 2022
2021
£
£
-
1,005
-
-
-
1,005
Equipment
1,005

23 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Loss/(profit) on sale of fixed assets
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating		 2022
£
(59,964)
6,658
-
(733)
84,992
87,231
118,184		 2021
£
247,563
6,023
(4,010)
(251)
(23,505)
52,100
277,920

35

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

24 Pension scheme and Contingent liability

SCHEME: TPT Retirement Solutions – The Growth Plan

The company participates in the scheme, a multi-employer scheme which provides benefits to some 638 non-associates participating employees. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient infomation to enable it to account for the scheme as a defined benfit scheme. Therefore it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pension Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension scheme in the UK.

The scheme is classified as a "last-man standing arrangement". Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee has asked the participating eomployers to pay additional contributions to the scheme as follows:

Deficit contributions

From 1 April 2022 to 31 January £3,312,000 per annum (payable monthly) 2025

Unless a concession has been agreed with the Trustee the term to 31 January 2025 applies. Note that the scheme's previous valuation was carried out with an effective date of 30 September 2017. This valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.5m. To eliminate this funding shortfall the Trustee asked the participating employers to pay additional contributions as follows:

From 1 April 2019 to 30 £11,243.00 per annum (payable monthly and September 2025 increasing by 3% each on 1st April)

The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 liabilities.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recogmised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

36

Glossop and District Volunteer Bureau (The Bureau)

Notes to the accounts for the year ended 31 March 2022 (continued)

24 Pension scheme and Contingent liability (cont.)

Present value of provision
31-Mar-22 31-Mar-21 31-Mar-20
(£s) (£s) (£s)
Present value of provision 934 5,364 6,356
Reconciliation of opening and closing provisions
Period ending Period ending
31-Mar-22 31-Mar-21
(£s) (£s)
Provision at start of period 5,364 6,356
Unwinding the discount factor (interest expense) 31 143
Deficit contribution paid (1,357) (1,318)
Remeasurements - impact of any change in assumptions (21) 183
Remeasurements - amendments to the contribution schedule (3,083) -
Provision at end of period 937 5,364
Income and expenditure impact
Period ending Period ending
31-Mar-22 31-Mar-21
(£s) (£s)
Interest expense 31 143
Remeasurements - impact of any change in assumptions (21) 183
Remeasurements - amendments to the contribution schedule (3,083) -
Contributions paid in respect of future service * - -
Costs recognised in income and expenditure account 1,353 1,315

*includes defined contribution schemes and future service contributions (i.e. excluding any deficit reduction payments) to defined benefit schemes which are treated as defined contribution schemes. To be completed by the company.

Assumptions 31-Mar-22 31-Mar-21 31-Mar-20
(£s) (£s) (£s)
Rate of discount 2.35 0.66 2.53

The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.

37

Glossop and District Volunteer Bureau (The Bureau)

Statement of Financial Activities

(including Income and Expenditure account) for the year ended 31 March 2021

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
50,973
Charitable activities:
4
Core activities
26,936
Projects and other
73,432
5
43,828
Investments
6
251
Total income
195,420
Expenditure on:
Charitable activities:
7
Operating costs
3,195
Direct project costs
-
Total expenditure
3,195
9
192,225
Net movement in funds for the year
192,225
Reconciliation of funds
Total funds brought forward
235,624
Total funds carried forward
427,849
Net income/(expenditure) for the
year
Other trading activities		 Restricted
funds
£
-
56,000
542,178
-
-
598,178
218,922
323,918
542,840
55,338
55,338
66,013
121,351		 Total funds
2021
£
50,973
82,936
615,610
43,828
251
793,598
222,117
323,918
546,035
247,563
247,563
301,637
549,200		 Total funds
2020
£
5,040
81,614
447,340
2,071
150
536,215
210,125
243,953
454,078
82,137
82,137
219,500
301,637

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

38