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|Contents||Page|
|---|---|---|
|Report ofthe Executive|Committee:|1-16|
|Independent<br>Examiner|report||
|Statement<br>offinancial<br>activities||18|
|Balance sheet||19|
|Statement<br>ofcash flows||20|
|Notes to the financial<br>statements||21-31|





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||Male Hly<br>Earnings|Male Hly<br>Earnings|Female<br>Hly<br>Earnings|Difference|Single Figure<br>Pay gap 96|||
|---|---|---|---|---|---|---|---|
|Median||19.62|16,50|3.12|15.9%|||
|Mean||19.62|19.62||0.00'Yo|||
|ean male &female||hourly earnings<br>by quartile:-||||||
||Mean Male||Mean||Mean single|||
|||Hly|Female<br>Hly|Difference|figure pay|%Male|%Female|
||Earnings||Earnings||gap 96|||
|Quartile|1||28.84|-28.84||O'Yo|1009o|
|Quartile|2|19,62||19.62||100%|0%|
|Quartile|3||16.5|-16.5|||100'Yo|
|Quartile|4||13.51|-13.51||0%|1009o|





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|he year ended 31Ma|rch|202|1||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2020|
|||||Note||5||6|
|Income|||||||||
|Income from charitable||activities|||||||
|||||10|8,854|932,885|941,739|639,797|
|Income from other generated|||funds:||||||
|Investment|income||||2,306||2,306|3,383|
|Other income|||||39||39|485|
||||||2,345||2,345|3,868|
|Total income||||19|11199|932,885|944,084|643,665|
|Expenditure|||||||||
|Charitable<br>activities:|||||||||
|General expenditure||||t3|(38,141)|865,068|826,927|655,671|
|Pension scheme net|service||cost|3h|19,000||19,000|11000|
|Charitable<br>activities|expenditure||||(19,141)|865,068|845,927|666,671|
|Total expenditure||||10|19,141|865,068|845,927|666,671|
|Net (expenditure)|||||30,340|67,817|98,157|(23,006)|
|Other recognised<br>gains||and|losses||||||
|Actuarial gains on|||||||||
|defined benefit pension||schemes||3m|89,000||89,000|(105,000)|
|Net movement<br>in funds|||||119,340|67,817|187,157|(128,006)|
|Reconciliation offunds|||||||||
|Total funds brought<br>forward|||||972,294|233,925|1,206,219|1,334,225|
|Total funds carried forward||||13,<br>14|1,091,634|301 742|1,393376|1,206,219|





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|||||||||Note|2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||6|6|
|Fixed assets|||||||||||
|Tangible assets||||||||4|616,760|645,419|
|Current assets|||||||||||
|Debtors||||||||s|159,232|61,953|
|Cash at bank and||in hand|||||||985,898|902,777|
||||||||||1,145,130|964,730|
|Liabilities|||||||||||
|Creditors: amounts||falling||due within||one year||s|77,514|42,930|
|Net current assets|||||||||1,067 616|921,800|
|Net assets excluding||pension||liability|||||1,684,376|1,567,219|
|Defined<br>benefit pension|||scheme||liability|||sg|291,000|361,000|
|Net assets including||pension||liability|||||1,393,376|1,206,219|
|The funds ofthe charity|||||||||||
|Restricted funds||||||||14|301,742|233,925|
|Unrestricted<br>funds:|||||||||||
|Designated||||||||ts|1,295,729|1,295,729|
|General||||||||ts|86,905|37,565|
|Unrestricted<br>income funds||||excluding||pension|reserve||1,382,634|1,333,294|
|Pension reserve||||||||sg, 13|291,000|361,000|
|Total unrestricted|funds|||||||13|1,091,634|972,294|
|Total charity funds|||||||||1,393,376|1,206,219|







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|tatement o|fcash flows for|the year ended 3|1"March 2021|||
|---|---|---|---|---|---|
||||Note|2021|2020|
|Cash used|in operating<br>activities|||80,815|32,370|
|Cash flows|from investing|activities||||
|Investment|Income|||2,306|3,383|
|Cash provided<br>by investing||activities||2,306|3,383|
|(Decrease)|in cash<br>in the year|||83,121|35,753|
|Cash at the|beginning<br>ofthe|year||902,777|867,024|
|Total cash|at the end ofthe|year||985,898|902,777|





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|categorisation<br>ofresources expended<br>is that there is no<br>Tangible fixed assets<br>Tangible<br>fixed assets are depreciated<br>on a straight<br>line|categorisation<br>ofresources expended<br>is that there is no<br>Tangible fixed assets<br>Tangible<br>fixed assets are depreciated<br>on a straight<br>line|unallocated<br>expenditure<br>or 'support<br> basis over their estimated<br>useful<br>live|
|---|---|---|
|Asset cate o||Useful<br>life|
|Voluntary|Action Centre (VAC)|40 years|
|Office &|project equipment|5 - 20 years|
|Computer|equipment|2 years|





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|econcili|ation<br>offunded status to balance|sheet|||
|---|---|---|---|---|
|||2021|2020|2019|
|||OOOO|5000|OOOO|
|Fair value ofassets||1,367|1,100|1,227|
|Present|value of liabilities|1,658|1,461|1,472|
|Pension|(liability)|291|361|245|



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|mount<br>r|ecognised|in incom|e statement|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||OOOO|EOOO|
|Current service cost||||25|26|
|Interest cost||||34|36|
|Interest income on assets||||25|29|
|Expense|recognised|||34|33|
|Expense|recognised|in:||||
|Charitable|activities|—general|expenditure|15|22|
|Charitable|activities|—pension|scheme net service cost|19|11|
|||||34|33|





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|3(i)|Changes|to the present<br>valu|e ofthe defined benefit oblig|ation||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6000|f000|
||Opening|defined<br>benefit obligation||1,461|1,472|
||Current|service cost||25|26|
||Interest|expense on defined|benefit obligation|34|36|
||Contributions<br>by participants|||5|4|
||Actuarial|(gains)/losses<br>on liabilities||160|(42)|
||Net benefits<br>paid out|||(2'/)|(35)|
||Closing|defined<br>benefit obligation||1,658|1,461|
|3(j)|Changes|to the fair value of|assets|||
|||||2021|2020|
|||||6000|6000|
||Opening|fair value ofassets||1,100|1,227|
||Interest|income on assets||25|29|
||Remeasurement<br>gains on assets|||249|(147)|
||Contributions<br>by the employer|||15|22|
||Contributions<br>by participants|||5|4|
||Net benefits<br>paid out|||(27)|(35)|
||Closing|fair value ofassets||1 367|1,100|
|3(k)|Actual return<br>on assets|||||
|||||2021|2020|
|||||6000|6000|
||Interest|Income on assets||25|29|
||Actuarial|gains on assets||249|147|
||Actual return<br>on assets|||274|118|



## 

|istory ofasset values, p|resent<br>value of|liabilities<br>and|gains/(losses)|||
|---|---|---|---|---|---|
||2021|2020|2019|2018|2017|
||f000|F000|OOOO|f000|f000|
|Fair value ofassets|1,367|1,100|1,227|1,114|1,077|
|Present value of|1,658|1,461|1,472|1,432|1,400|
|liabilities||||||
|Deficit|291|361|245|318|323|



|mount|recognised|in as actuarial<br>gains<br>in pension|scheme||
|---|---|---|---|---|
||||2021|2020|
||||6000|f000|
|Asset gains/(losses)||in the year|249|(147)|
|Liability|losses/(gains)<br>in the year||160|42|
|Amount|recognised|in SOFA|89|105|





## 

|Tangible fixed assets|Tangible fixed assets|||||
|---|---|---|---|---|---|
|||Voluntary<br>Action Centre|Office &<br>J<br>t<br>equipment|Computer<br>equipment|Tot<br>I|
||||6|6||
|Cost:||||||
|As at 1 April 2020||1,220,093|151,767|119,635|1,491,495|
|Additions||||||
|As at 31|March 2021|1 220093|151767|119635|1,491,495|
|Depreciation:||||||
|As at 1 April 2020||581,067|145,374|119,635|846,076|
|Charged|in the year|26,527|2,132||28,659|
|As at 31|March 2021|607,594|147,506|119635|874,735|
|Net book|value:|||||
|As at 1 April 2020||639,026|6,393||645,419|
|As at 31|March 2021|612,499|4,261||616,760|



||As at 31 March|As at 31 March|2021|2021||612,499|4,|261|616,760|616,760|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||All fixed assets are||held at historic||cost.|Included|in Voluntary|Action|Centre is 8159,000 offreehold||land||
||which has|not been|depreciated.||||||||||
|5|Debtors||||||||||||
||||||||||2021|2020|||
||||||||||6|f.|||
||Grants receivable||||||||156,814|57,949|||
||Other debtors||||||||2,418|4,004|||
||||||||||159,232|61,953|||
||All amounts|are due|within one year from|||the balance sheet date.|||||||
|6|Creditors:|amounts|falling due within|||one year|||||||
||||||||||2021|2020|||
||||||||||6||||
||Trade creditors||||||||955|41,090|||
||Accruals|8 Deferred||Income|||||76,559|1,840|||
||||||||||77,514|42,930|||
||Deferred|Income|||||||2021|2020|||
||||||||||6||||
||Brought|Forward|||||||||||
||Amount|released|to|Income Resources|||||||||
||Amount|Deferred|in|the year|||||65,000||||
||||||||||65,000||||
|7|Analysis of Net Assets between||||funds||||||||
|||||||||||Pension|||
||||||||||Net current|scheme|||
||||||||Fixed assets||assets|liability||Total|
|||||||||6||||F|
||Restricted<br>funds|||14|||||301,742|||301,742|





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|Unrestricted<br>funds:||||||
|---|---|---|---|---|---|
|Designated<br>funds|13|612,499|683,230||1,295,729|
|General funds|13|4,261|82,644||86,905|
|Pension reserve|3g|||291,000|291,000|
|At 31 March 2021||616,760|1,067,616|291,000|1,393376|



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||||||||||Pension||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Net current|scheme||
||||||||Fixed assets|assets|liability|Total|
|||||||||F|E|E|
|Restricted<br>funds||||||||233,925||233,925|
|Unrestricted|funds:||||||||||
|Designated|funds|||13|||639,026|656,703||1,295,729|
|General funds||||13|||6,393|31,172||37,565|
|Pension reserve||||3g|||||361,000|361,000|
|At 31 March|2020||||||645 419|921,800|361,000|1,206,219|
|Net (expenditure)||for the|year||||||||
|||||||||2021|2020||
||||||||||5||
|Net (expenditure)||for the|year|is|stated after||charging:||||
|Depreciation||||||||28,659|28,659||
|Independent|Examination||(including|||VAT)||1,100|1,140||
|Staff Costs||||||||2021|2020||
||||||||||6||
|Salaries and|wages|||||||322,849|315,548||
|Social security costs||||||||25,415|23,658||
|Pension costs:|||||||||||
|HCC Pension<br>Fund —|||cash|basis||||14,512|23,124||
|Stakeholder|scheme —matched||||contributions|||5,366|4,561||
|||||||||368,142|366,891||



|Average<br>num|ber|ofemployees:||||
|---|---|---|---|---|---|
|||||2021|2020|
|Project workers||(full time)||2|2|
|Management|and administration||(full time)|3|3|
|Project workers||(part time)||12|12|
|Management|&|Administration|(part time)|8|8|
|||||25|25|





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|come||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds<br>E|funds<br>E|2021<br>E|2020f|
|Unrestricted|income:|||||
|Southampton|City Council||||63,707|
|Seed office||8,854||8,854|27,919|
|Restricted<br>income (note 14):||||||
|Voluntary<br>Sector Support Team|||891,884|891,884|494,827|
|Shopmobility|||41,002|41,002|53,344|
|||8,854|932,886|941,740|639,797|



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|penditure||||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2021|2020|
|||||E|E|E||
|Core management||8|support costs|(38,141)||(38,141)|93,364|
|Restricted|expenditure||(note 14):|||||
|Voluntary|Sector|Support Team|||812,567|812,567|510,966|
|Shopmobility|||||52,502|52,502|51,341|
|||||38,141|865,069|826,928|655,671|



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|||||||At 1 Apr|||At 31|
|---|---|---|---|---|---|---|---|---|---|
||||||Note|2020|Movement|Transfers|Mar 2021|
|~Di|tdf||d|||E|E.|E|E|
|VAC||||||639,026||(26,527)|612,499|
|Property||||||431,067||26,527|457,594|
|Staffing|reserve|||||142,636|||142,636|
|Building||maintenance||||30,000|||30,000|
|Computer||and|office equipment|||20,000|||20,000|
|Legal||||||33,000|||33000|
|||||||1,295,729|||1,295,729|
|General|funds|||||||||
|General||reserve||||37,565|49,340||86,905|
|Other funds||||||||||
|Pension||reserve|||sg|361,000|70,000||291,000|
|Total unrestricted||||funds||972,294|119340||1,091,634|
|||||||At 1 Apr|||At 31|
||||||rvote|2019|Movement|Transfers|Mar 2020|
|~Di|tdf||d|||E|E|E||
|VAC||||||665,553||(26,527)|639,026|
|Property||||||404,540||26,527|431,067|





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|otes to the Finan|cial Statements|for the|year ended 3|1March 2021||
|---|---|---|---|---|---|
|Staffing reserve|||142,636||142,636|
|Building maintenance|||30,000||30,000|
|Computer<br>and office equipment|||20,000||20,000|
|Legal|||33,000||33,000|
||||1,295 229||1,295,729|
|General funds||||||
|General reserve|||35,435|2,130|37,565|
|Other funds||||||
|Pension reserve||sg|245,000|116,000|361,000|
|Total unrestricted|funds||1 086,164|113,870|972,294|



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||||||At 1||||At 31|
|---|---|---|---|---|---|---|---|---|---|
||||||Apr|Incoming|Outgoing||Mar|
||||||2019|resources|resources|Transfers|2020|
|Volunta<br>Sector Su|ort||||E|E|E|E|E|
|Community<br>development|||/capacity|building|94,181|74,071|(70,376)||97,876|
|Health|||||38,054||(881)||37,173|
|Voluntary<br>sector training|||||39,355||(21,366)||17,989|
|Community<br>Roots|||||31,319|12,090|(17,485)||25,924|
|Healthwatch<br>consultation|||||22,951|184,191|(181,338)||25,804|
|Fairness Commission|||||2,747||||2,747|
|Pippa|||||5,061||||5,061|
|VAC contributions|||||12,410||(3,751)||8,659|
|SO Linked||||||224,475|(211,690)||12,785|
|Total —Voluntary<br>Sector||Support||Team|246,078|494,827|(506,887)||234,018|
|~Pro'ects||||||||||
|Shopmobility<br>—General||fund||||38,268|(38,268)|||
|Shopmobility<br>—Charitable|||and other funds||2,096|15,076|13,073||93|
|Subtotal —Shopmobility|||||(2,096)|53,344|(51,341)||(93)|
|Total —Projects|||||(2,096)|53,344|(51,341)||(93)|
|Transport<br>grant funds|||||4,079||4,079|||
|Subtotal-<br>Other projects|||||4 079||4,079|||
||||||248,061|548,171|562307||233,925|



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|Reconciliation<br>of n|et|movement<br>in funds to th|e net cash flow from operating<br>acti|vities|
|---|---|---|---|---|
||||2021|2020|
||||E|E|
|Net Movement<br>in funds|||187,157|(128,006)|
|Add back depreciation||charge|28,659|28,659|
|Less Investment<br>income|||(2,306)|(3,383)|
|Pension<br>Movement|||(70,000)|116,000|
|Decrease/(Increase)|in|debtors|(97,279)|(10,444)|
|Increase<br>in creditors|||34,584|29,544|





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||Net cash used<br>in operating|activities|activities||||80,815||32,370|
|---|---|---|---|---|---|---|---|---|---|
|18|Financial<br>Instruments|||||||||
|||||||||2021f|2020f|
||Financial assets|||||||||
||Financial assets that are|measured||at amortised||cost||1,145,130|965,921|
||Financial<br>liabilities|||||||||
||Financial<br>liabilities<br>measured||at amortised||cost|||77,514|42 930|



|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2020|
|Total|Income|95,494|548,171|643,665|
|Total|Expenditure|104,364|562,307|666,671|