## |Contents||Page| |---|---|---| |Report ofthe Executive|Committee:|1-13| |Independent
Examiner|report|14| |Statement
offinancial
activities||15| |Balance sheet||| |Statement
ofcash flows||17| |Notes to the financial
statements||18-28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|funds| |||||2022|2022|2022|2021| ||||Note|||8|E| |Income|||||||| |Income from charitable activities|||||||| ||||10|7,166|903,258|910,424|941 739| |Income from other generated||funds:|||||| |Investment|income|||1,171||1,171|2,306| |Other income||||187||187|39| |||||1,358||1,358|2,345| |Total income||||8,524|903,258|911,782|944,084| |Expenditure|||||||| |Charitable
activities:|||||||| |General expenditure|||12|13,471|830,394|843,865|826,927| |Pension scheme net|service|cost|3h|13,000||13000|19,000| |Charitable
activities|expenditure|||26,471|830,394|856,865|845,927| |Total expenditure|||&0|26,471|830,394|856,865|845,927| |Net (expenditure)||||(17,947)|72,864|54,917|98,157| |Other recognised
gains and||losses|||||| |Actuarial gains on|||||||| |defined benefit pension schemes|||3m|148,000||148,000|89,000| |Net movement
in funds||||130,053|72,864|202,917|187,157| |Reconciliation offunds|||||||| |Total funds
brought
forward||||1,091,634|301,742|1,393,376|1,206,219| |Total funds carried forward|||13,
14|1,221 687|374 606|1 596,293|1 393,376| ## ||||||||Note|2022
6|2021f| |---|---|---|---|---|---|---|---|---|---| |Fixed assets|||||||||| |Tangible assets|||||||4|588,101|616,760| |Current assets|||||||||| |Debtors|||||||s|119,876|159,232| |Cash at bank and||in hand||||||1,131636|985,898| |||||||||1,251,512|1,145,130| |Liabilities|||||||||| |Creditors: amounts||falling|due within||one year||s|87,320|77,514| |Net current assets||||||||1 164193|1,067,616| |Net assets excluding||pension|liability|||||1,752,294|1,684,376| |Defined
benefit pension scheme||||liability|||sg|156,000|291,000| |Net assets including||pension|liability|||||1,596293|1,393,376| |The funds ofthe charity|||||||||| |Restricted funds|||||||14|374,606|301,742| |Unrestricted
funds:|||||||||| |Designated||||||||1,295,729|1,295,729| |General|||||||1s|81 958|86,905| |Unrestricted
income funds|||excluding||pension|reserve||1,377,687|1,382,634| |Pension reserve|||||||sg, 13|156000|291,000| |Total unrestricted|funds||||||13|1,221,687|1,091,634| |Total charity funds||||||||1,596293|1,393,376| ## |tatement
o|fcash flows for|the year ended 3|1"March 2022||| |---|---|---|---|---|---| ||||Note|2022|2021| |Cash used|in operating
activities|||144,567|80,815| |Cash flows|from investing|activities|||| |Investment|Income|||1,171|2,306| |Cash provided
by investing||activities||1,171|2,306| |(Decrease)|in cash
in the year|||145,738|83,121| |Cash at the|beginning
ofthe|year||985,898|902,777| |Total cash|at the end ofthe|year||1,131,636|985,898| ## ## ## ## ## ## ## |categorisation
ofresources expended
is that there
is no
Tangible
fixed assets
Tangible
fixed assets are depreciated
on a straight
line|categorisation
ofresources expended
is that there
is no
Tangible
fixed assets
Tangible
fixed assets are depreciated
on a straight
line|unallocated
expend ture or 'support
basis over their estimated
useful
live| |---|---|---| |Asset cate o||Useful
life| |Voluntary
Office 8|Action Centre (VAC)
project equipment|40 years
5 —20 years| |Computer|equipment|2 years| ## ## ## ## ## ## ## ## ## ## |||2022|2021|2020|2019|2018| |---|---|---|---|---|---|---| |inquities||55.7|57.0|52.7|604|62.6| |Property||69|6.1|7.3|76|7.0| |Government|Bonds|180|17.3|21.8|22.7|23.7| |Corporate Bonds||00|0.0|0.0|5.2|1.0| |Ilulti Asset|Credit|92|0.0|0.0|0.0|00| |Cash||0.9|1.4|2.0|2.3|2.6| |Other||9.3|18.2|162|1.8|3.1| |Total||1000|1000|100.0|100.0|1000| ## ## |econcili|ation
offunded status to balt,nce|sheet||| |---|---|---|---|---| |||2022|2021|2020| |||EOOO|OOOO|8000| |Fair value ofassets||1,288|1,367|1,100| |Present|value of liabihties|1,444|1,658|1,461| |Pension|(liability)|156|291|361| |The split ofliabilities a|l the la| |---|---| |Active Members|63%| |Deferred Pensioners|10%| |Pensioners|27%| ## |mount|r|ecognised|in incom|e statemt
nt||| |---|---|---|---|---|---|---| ||||||2022|2021| ||||||6000|6000| |Current|service cost||||16|25| |Interest|cost||||23|34| |Interest|income on assets||||16|25| |Expense||recognised|||23|34| |Expense||recognised|in:|||| |Charitable||activities|—general|expenditure|10|15| |Chantabie||activities|—pension|scl erne net service cost|13|19| ||||||23|34| ## ## |3(i)|Changes|to the|present|value o|fthe defined|benefi|t obligation||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2021| |||||||||EOOO|EOOO| ||Opening|defined|benefit|obligation||||'1,658|1,461| ||Current|service cost||||||16|25| ||Interest|expense|on defined
benefit obligation|||||34|34| ||Contributions
by||participants|||||6|5| ||Actuarial|(gains)/losses||on liabilities||||(83)|160| ||Net benefits
paid out|||||||(187)|(27)| ||Closing|defined|benefit|obligation||||1,444|1,658| |3(j)|Changes|to the fair value ofassets|||||||| |||||||||2022|2021| |||||||||EOOO|EOOO| ||Opening|fair value ofassets||||||1367|1,100| ||Interest|income on assets||||||27|25| ||Remeasurement||gains|on assets||||65|249| ||Contributions
by||the employer|||||10|15| ||Contributions
by||participants|||||6|5| ||Net benefits
paid||out|||||(187)|(27)| ||Closing|fair value ofassets||||||1288|1,367| |3(k)|Actual return on||assets||||||| |||||||||2022|2021| |||||||||f000|EOOO| ||Interest|Income on assets||||||27|25| ||Actuarial|gains on assets||||||65|249| ||Actual
return
on||assets|||||92|274| |3(l)|History ofasset||values,|present|value of liabilities||and gains/(los& es)||| ||||||2022|2021|2020|2019|2016| ||||||EOOO|EOOO|EOOO|EOOO|EOOO| ||Fair value ofassets||||1,288|1,367|1,100|1,227|1,114| ||Present|value of|||1,444|1,658|1,461|1,472|1,432| ||liabilities||||||||| ||Deficit||||156|291|361|~245|~318| ## |mount|recognised|in as actuarial
gains
in pension|scheme|| |---|---|---|---|---| ||||2022|2021| ||||EOOO|EOOO| |Asset gains/(losses)||in the year|65|249| |Liability|losses/(gains)
in the year||~83|160| |Amount|recognised|in SOFA|148|69| ## ## |||Voluntary
Action Centre|Office &
I
equipment|Computer
equipment|Total| |---|---|---|---|---|---| ||||F.||| |Cost:|||||| |As at 1 April 2021||1,220,093|151,767|119,635|1,491,495| |Additions|||||| |As at 31|March 2022|1~220093|151,767|119635|1,491,495| |Depreciation:|||||| |As at 1 April 2021||(i07,594|147,506|119,635|874,735| |Charged|in the year|26,527|2,132||28,659| |As at 31|March 2022|634121|149,638|119,635|903,394| |Net book|value:||||| |As at 1 April 2021||(i12,499|4,261||616,760| |As at 31|March 2022|585,972|2,129||588 101| ## |5|Debtors|||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021|| |||||||||6||| ||Grants receivable|||||||117,664|156,814|| ||Other debtors|||||||2 212|2,418|| |||||||||119,876|159232|| ||All amounts|are due|within one||year from the balance sheet date|||||| |6|Creditors:|amounts|falling due|||within one year||||| |||||||||2022|2021|| |||||||||6|F|| ||Trade creditors|||||||4,847|955|| ||Accruals|& Deferred||Income||||82473|76,559|| |||||||||87,320|77,514|| ||Deferred|Income||||||2022|2021|| |||||||||6|E|| ||Brought|Forward||||||65,000||| ||Amount|released|to|Income|Resources,|||(65,000)||| ||Amount|Deferred|in the year||||||65,000|| ||||||||||65,000|| |7|Analysis of Net Assets between|||||I'unds||||| ||||||||||Pension|| |||||||||Net current|scheme|| |||||||Fixed|assets|assets|liability|Total| ||||||||||F|| ||Restricted
funds||||14|||374,606||374,606| ||Unrestncted
funds:|||||||||| ||Designated
funds||||13||585,972|709,757||1,295,729| ||General|funds|||13||2,129|79,829||81,958| ||Pension|reserve|||3g||||156,000|156,000| ||At 31 March 2021||||||588,101|1,164,192|156,000|1,596,293| ## ## ## ||||||||||||||Pension||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Nei:|current||scheme||| |||||||Fixed assetsf|||||assetsf||liabilityf|Total
F|| |Restricted
funds|||||||||||301,74I2|||301,742|| |Unrestricted
funds'|||||||||||||||| |Designated
funds|||13||||612,499||||683,230|||1,295,729|| |General
funds|||13|||||4,261|||82,6414|||86,905|| |Pension
reserve|||3g|||||||||||291,000|| |At 31 March 2021|||||||||||||||| |Net (expenditure)
for the||year|||||||||||||| |||||||||||||2022|2021||| |||||||||||||f|F||| |Net (expenditure)
for the||year||is|stated after||charging:||||||||| |Depreciation||||||||||||2!3,659|26,659||| |Independent
Examination||(including||||VAT)||||||I,100|1,100||| |Staff Costs||||||||||||2022|2021f||| |Salaries and wages||||||||||||347,178|322,849||| |Social secunty costs||||||||||||27,560|25.415||| |Pension costs:|||||||||||||||| |HCC Pension
Fund —||cash||basis||||||||9,456|14,512||| |Stakeholder
scheme —matched|||||contributions|||||||1i),383|5366||| |||||||||||||394577|366.142||| |No employees
received|remuneration|||||in excess off50,000||||(2021, nil).|||||| |Key Management
personnel|||comprise|||of the|Chief|Executive Officer,|||the Deputy||Chief Executive Officer||and| |the Finance Controller|The||total||benefits received|||by|key|management||w;is f133,708 (2021' f152,640)|||| |Average
number
ofemployees:|||||||||||||||| |||||||||||||:!021|2021||| |Prolect workers
(full time)||||||||||||2|2||| |Management
and administration|||||(full|time)||||||4|3||| |Project workers
(part time)||||||||||||11|12||| |Management
& Administration||||(part time)||||||||8|8||| |||||||||||||25|25||| |Income|||||||||||||||| |||||||Unrestricted|||Restricted|||'fotal|Total||| ||||||||funds|f||funds
f||2022f|2021
f||| |Unrestricted
income:|||||||||||||||| |Southampton
City Council|||||||||||||||| |Office 8 Other|||||||7,166|||||iv166|8,654||| |Restricted
income (note||14):|||||||||||||| |Restricted
Prolects||||||||||850,129||85(1,129|691,884||| |Shopmobility||||||||||6
53 12J||5,I,129|41,001||| ||||||||7 166|||993259||9111424|941,739||| ## ## ## ## ## ||||||Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||funds|funds|2022|2021| |||||||E|E|E|E| |Core management|||& support costs|||13,471||13,471|(38,141)| |Restncted
expenditure||||(note 14)|||||| |Restricted
Prolects|||||||782,148|782, 148|812,567| |Shopmobility|||||||48,246|48 246|52 501| |||||||13,471|830394|843,865|826,927| |Unrestricted
funds|||||||||| |||||||At 1 Apr|||At 31| ||||||N«id|2021|Movement|Transfers|Mar 2022| |DDiD|t df|d||||E|E|E|E| |VAC||||||612,499||(26,527)|585,972| |Property||||||457,594||26,527|484,121| |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|||||66,905|4,947||81 958| |Other funds|||||||||| |Pension|reserve||||sa|291,000|135000||156,000| |Total unrestricted|||funds|||1 091,634|130053||1 221,687| |||||||At 1 Apr|||At 31| ||||||N« ie|2020|Movement|Transfers|Mar 2021| |DDiD|t df|d||||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|||33,000| |||||||1,295,729|||1,295,729| |General|funds||||||||| |General|reserve|||||37,565|49,340||86,905| |Other funds|||||||||| |Pension|reserve||||sa|361,000|70,000||291,000| |Total unrestricted|||funds|||972,294|119,340||1,091,634| ## ## ## ## ## |Buildin
s 8 Innovatiors|||||36787|11 948|24,839| |---|---|---|---|---|---|---|---| |Total —Voluntary
Sector||Support||234,018|891,884|(812,567)|313,335| |~Pro'ects|||||||| |Shopmobifity
—General|fund||||38,268|(38,268)|| |Shopmobility
—Chantable||and othe|fund.|93|2,734|14,234|11,593| |Subtotal —Shopmobilily||||(93)|41,002|(52,502)|(11,593)| |Total —Projects||||(93)|41,002|(52,502)|(11,593)| |||||233,925|932,886|865,069|301,742| ## ## ## ## |Reconciliation
of ne|t mo|veme|nt
n|funds|to the|net cash f|low from operatin|g
activities|| |---|---|---|---|---|---|---|---|---|---| ||||||||2022||2021| ||||||||||F| |Net Movement
in fund,|.||||||202,917||187,157| |Add back depreciation|charge||||||28,659||28,659| |Less Investment
incorr|e||||||(1,171)||(2,306)| |Pension
Movement|||||||(135,000)||(70,000)| |Decrease/(Increase)
in|debtors||||||39,356||(97,279)| |Increase
in creditors|||||||9,806||34,584| |Net cash used
in operating||actiwties|||||144,567||80,815| |Financial
instruments|||||||||| |||||||||2022|2021| |||||||||F|6| |Financial assets|||||||||| |Financial assets that are||measured||at arnortised||cost||1,251,513|1,145,130| |Financial
liabilities|||||||||| |Financial
liabilities
measured|||at imortised||cost|||87,320|77,514| |||Unrestricted|Restricted|Total| |---|---|---|---|---| |||Funds|Funds|Funds| |||||2021| |Total|Income|11 1c9|932,885|944,084| |Total|Expenditure|(19,141)|865,068|845,927|