2023-03-31-accounts

Contents	Page
Report ofthe Executive Committee:	1-12
Independent Examiner report	13
Statement offinancial activities	14
Balance sheet	15
Statement ofcash flows	16
Notes to the financial statements	17-26

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
			Note	6		F	E
income
Income from charitable activities
			10	12961	869,106	882 067	910,424
Income from other generated		funds:
Investment	income			2,940		2,940	1,171
Other income				509		509	187
				3,449		3,449	1,358
Total income			19	16,410	869106	885516	911,782
Expenditure
Charitable activities:
General expenditure			12	7,794	868,142	875,936	843,865
Pension scheme net	service	cost	311	9,000		9000	13,000
Charitable activities	expenditure			16,794	868,142	884,936	856,865
Total expenditure			19	16,794	868,142	884,936	856,865
Net (expenditure)				(384)	964	580	54,917
Other recognised gains and		losses
Actuarial gains on
definedbenefit pensionschemes			3m	165,000		165,000	148,000
Net movement in funds				164,616	964	165,580	202,917
Reconciliation offunds
Total funds brought forward				1,221,687	374,606	1,596,293	1,393.376
Total funds carried forward			13, 14	1,386303	375,570	1 761 873	1,596,293

							Note	2023	2022
								F	6
Fixed assets
Tangible assets							4	559,442	588,101
Current assets
Debtors							3	106,354	119,876
Cash at bank and	in	hand						1,181,621	1,131,636
								1,287,975	1,251,512
Liabilities
Creditors: amounts		falling	due within		one year		s	85,544	87,320
Net current assets								1 202 431	1,164,193
Net assets excluding	pension		liability					1,761,873	1,752,294
Defined benefit pension scheme				liability			3g	0	156,000
Net assets including	pension		liability					1,761 873	1,596,293
The funds ofthe charity
Restricted funds							14	375,570	374,606
Unrestricted funds:
Designated							13	1,295,729	1,295,729
General							13	90,574	81,958
Unrestricted income		funds	excluding		pension	reserve		1,386,303	1,377,687
Pension reserve							3g, 13		156,000
Total unrestricted	funds						13	1,386,303	1,221,687
Total charity funds								1,761,873	1,596293

tatement o	fcash flows for	the year ended 3	1"March 2023
			Note 17	2023f	2022f
Cash used	in operating activities			47,045	144,567
Cash flows	from investing	activities
Investment	Income			2,940	1 171
Cash provided by investing		activities		2 940	1 171
Increase/(Decrease) in cash		in the year		49,985	145,738
Cash at the	beginning ofthe	year		1,131,636	985,898
Total cash	at the end ofthe	year		1,181,621	1,131,636

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

						2023	2022
Males
Member	aged	65	at	accounting	date	23.2	22.9
Member	aged	45	at	accounting	date	23.7	24 7
Females
Member	aged	65	at	accounting	date	25.6	25.4
Member	aged	45	at	accounting	date	26.6	27.1

		2023	2022	2021	2020	2019
Equities		57.6	55.7	57.0	52.7	60.4
Property		6.8	6.9	6.1	7.3	7.6
Government	Bonds	16.5	18.0	17.3	21.8	22.7
Corporate	Bonds	00	0.0	0.0	0.0	5.2
Multi Asset	Credit	0.0	9.2	0.0	0.0	0.0
Cash		1.1	0.9	1.4	2.0	2.3
Other		18.0	9.3	18.2	16.2	1.8
Total		1000	1000	1000	1000	1000

econcili	ation offunded status to balance	sheet
		2023	2022	2021
		fOOO	6000	OOOO
Fair value ofassets			1,288	1,367
Present	value of liabilities		1,444	1,658
Pension	(liability)		156	291

Amount recognised	in	inco	m	e statement
					2023	2022
					f000	6000
Current service cost					3	16
Settlement Cost					(29)
Interest cost						23
Interest income on assets					4	16
Expense recognised					22	23
Expense recognised	in:
Charitable activities	—general			expenditure	(31)	10
Charitable activities	—pension			scheme net service cost	9	13
					22	23
hanges to the present		value		ofthe defined benefit obligation
					2023	2022
					EOOO	EOOO
Opening defined benefit		obligation			1,444	1,658
Current service cost					3	16
Interest expense on	defined		benefit obligation		30	34
Contributions by participants						6
Actuarial (gains)/losses		on	liabilities		(412)	(83)
Net benefits paid out					(78)	(187)
Settlements					987
Closing defined benefit		obligation				1,444

3(j)	Changes to the fair	val	ue	ofass	ets
										2023	2022
										f000	FOOO
	Opening fair value ofassets									1,288	1,367
	Interest income on assets									26	27
	Remeasurement gains		on assets							(247)	65
	Contributions by the	employer								2	10
	Contributions by participants										6
	Net benefits paid out									(78)	(187)
	Settlements									991
	Closing fair value of	assets									1,288
3(k)	Actual return on assets
										2023	2022
										FOOO	f000
	Interest Income on assets									26	27
	Actuarial gain/(losses)on			assets						247	65
	Actual return on assets									221	92
3(l)	History ofasset values, present				value		of	liabilities	and gains/(losses)
					2023			2022	2021	2020	2019
					FOOO			FOOO	f000	FOOO	f000
	Fair value ofassets							1,288	1,367	1,100	1,227
	Present value of							1,444	1,658	1,461	1,472
	liabilities
	Deficit							156	291	361	245
3(m)	Amount recognised	in	as	actuarial		gains		in pension scheme
										2023	2022
										f000	FOOO
	Asset gains/(losses)	in	the year							(247)	65
	Liability losses/(gains)		in the year							412	83
	Amount recognised in SOFA									165	148
4	Tangible fixed assets
					Voluntary Action Centre				Office & project equipmentf	Computer equipment f	Total
	Cost:
	As at 1 April 2021					1,220,093			151,767	119,635	1,491,495
	Additions
	As at 31 March 2023					1,220,093			151,767	119,635	1491,495
	Depreciation:
	As at 1 April 2022						634,121		149,638	119,635	903,394
	Charged in the year						26,530		2,129		28,659
	As at 31 March 2022						660,651		151767	119635	932 053
	Net book value:
	As at 1 April 2022						585,972		2 129		588,101
	As at 31 March 2023						559442				559,442

5	Debtors
										2023	2022
										E	F
	Grants receivable									103,393	117,664
	Other debtors									2,961	2,212
										106,354	119,876
	All amounts	are due	within		one	year from the balance sheet date.
6	Creditors:	amounts	falling due				within one year
										2023f	2022 F
	Trade creditors									8,822	4,847
	Accruals	& Deferred		Income						76,722	82,473
										85,544	87,320
	Deferred	Income								2023	2022
										E	f
	Brought	Forward									65,000
	Amount	released	to	Income		Resources					(65,000)
	Amount	Deferred	in	the	year
7	Analysis of Net Assets between						funds
											Pension
										Net current	scheme
							Fixed		assets E	assets E	liabilityf	Totalf
	Restricted funds									375,570		375,570
	Unrestncted funds:
	Designated funds					13		559,442		736,287		1,295,729
	General	funds				13				90,574		90,574
	Pension	reserve				3g
	At 31 March 2023							559,442		1 202 431		1 761,873
											Pension
										Net current	scheme
							Fixed	assets F		assetsf	liabilityf	Total
	Restricted funds									374,606		374,606
	Unrestricted 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 2022							588,101		1 164,192	156000	1,596,293

t (expenditur	e)	for the	year
					2023	2022
					f	F
Net (expenditure)		for the	year is stated after charging.
Depreciation					28,659	28,659
Independent	Examination		(including	VAT)	1,100	1,100

Staff Costs				2023	2022
				6	6
Salaries and	wages			368,953	347,178
Social security		costs		30,353	27,560
Pension costs.
HCC Pension		Fund — cash basis		4,481	9,456
Stakeholder	scheme —matched		contributions	9686	10,383
				413473	394,577

Average number of	e	mploye	es:
									2023	2022
Project workers (full	time)								2	2
Management and administration				(full time)					3	3
Project workers (part		time)							8	8
Management & Administration				(part	time)				5	5
									18	18
Income
					Unrestricted		Restricted		Total	Total
						funds	funds		2023	2022
						F		6	6	6
Unrestncted income:
Southampton City	Council
Office 8 Other						16,410			16,410	7,166
Restncted income	(note 14):
Restricted Projects							823,163		823,163	850,129
S ho pmobility							45	943	45,943	53,129
						16,410	869	106	885516	910,424
Investment income
All of the chanty's investment			income		arises	from interest	bearing	deposit	accounts.
Expenditure
					Unrestricted		Restricted		Total	Total
						funds	funds		2023	2022
								6	6	6
Core management	&	support		costs		16,794			16,794	13,471
Restricted expenditure		(note 14):
Restricted Projects							810,178		810,178	782, 148
Shopmobility							57	964	57,964	48,246
						16,794	868	142	884,936	843,865

						At 1 Apr			At 31
					ivoie	2022	Movement	Transfers	Mar 2023
~Di	tdt		d				6	8	6
VAC						585,972		(26,527)	559,445
Property						484,121		26,527	510,648
Staffing	reserve					142,636			142,636
Building		maintenance				30,000			30,000
Computer		and	office equipment			20,000			20,000
Legal						33000			33,000
						1,295,729			1,295,729
General	funds
General		reserve				81,958	8616		90574
Other funds
Pension		reserve			sg	156,000	156,000
Total unrestricted				funds		1,221 687	164,616		1 386,303
						At 1 Apr			At 31
					Note	2021	Movement	Transfers	Mar 2022
~D*i	tdt		d			E	F	f	5
VAC						612,499		(26,527)	585,972
Property						457,594		26,527	484,121
Staffing	reserve					142,635			142,636
Building		maintenance				30,000			30,000
Computer		and	office equipment			20,000			20,000
Legal						33000			33000
						1,295,729			1,295,729
General	funds
General		reserve				86,905	4,947		81,958
Other funds
Pension		reserve			sg	291,000	135,000		156,000
Total unrestricted				funds		1,091,634	130,053		1 221,687

Restricted funds
					At 1				At 31
					Apr	Incoming	Outgoing		Mar
Volunta Sector Su	ort				2022f	resourcesf	resources f	Transfers	2023f
Community development			/capacity	building	74,625	57,527	(26,089)		106,063
Health					81,553	92,352	(100,333)		73,572
Voluntary sector training					9,988				9,988
Community Roots					25,599	3,703	(3,254)		26,048
Healthwatch					39,394	180,891	(180,003)		40,282
Fairness Commission					2,747				2,747
Pippa					5,061				5,061
VAC contributions					8,659				8,659
SO Linked					42,469	450,200	(464,463)		28,206
YPF Trust						10,000	(9,900)		100
SO Lets Connect					84,863	28,490	(26,136)		87,217
Buildin s & Innovations					6358				6358
Total —Voluntary Sector Support					381,316	823,163	(810,178)		394,301
~Pro'ects
Shopmobility —General		fund			4,883				4,883
Shopmobihty —Charitable			and other funds		11,593	45 943	57,964		23,614
Subtotal —Shopmobifity					(6,710)	45,943	(57,964)		(18,731)
Total —Pro)ects					(6,710)	45,943	(57,964)		(18,731)
					374,606	869,106	868,142		375,570
					At 1				At 31
					Apr	incoming	Outgoing		Mar
Volunta Sector Su	ort				2021f	resourcesf	resources f	Transfers	2022f
Community development			/capacity	building	115,923	43,789	(85,087)		74,625
Health					49,428	65,826	(33,701)		81,553
Voluntary sector training					13,158		(3,170)		9,988
Community Roots					25,813		(214)		25,599
Healthwatch consultation					37,242	178,891	(176,739)		39,394
Fairness Commission					2,747				2,747
Pippa					5,061				5,061
VAC contnbutions					8,659				8,659
SO Linked					17,063	465,617	(440,211)		42,469
HMRC JRS						6,695	(6,695)
SO Lets Connect					13,402	89,000	(17,539)		84,863
Buildin s & Innovations					24,839	311	18,792		6,358
Total —Voluntary Sector		Support			313,335	850,129	(782,148)		381,316
~Pro'ects
Shopmobility —General		fund				53,129	(48,246)		4,883
Shopmobility —Charitable			and other	funds	11,593				11 593
Subtotal —Shopmobility					(11,593)	53,129	(48,246)		(6,710)

Total	—Projects	(11,593)	53,129	(48,246)	(6,710)
		301,742	903,258	830,394	374,606

	included in debtors ar	e 6	92,580	(2	02	2:F10	8,863)	8 credit	ors are 654 (2022:610	3).
16	Corporation Tax
	The charity is exempt	for	tax on	income and			grants	falling	within Taxes Act to the	extent that there are applied
	to its charitable objects.
17	Reconciliation of net movement				in	funds	to the	net cash flow from operating		activities
									2023		2022
											6
	Net Movement in funds								165,580		202,917
	Add back depreciation	charge							28,659		28,659
	Less Investment income								(2,940)		(1,171)
	Pension Movement								(156,000)		(135,000)
	Decrease/(Increase) in	debtors							13,522		39,356
	(Decrease)/Increase in	creditors							(1,776)		9,806
	Net cash used in operating		activities						47,045		144,567
18	Financial Instruments
										2023	2022
										8	F
	Financial assets
	Financial assets that are measured					at amortised		cost	1,287,975		1,251,513
	Financial liabilities
	Financial liabilities	measured		at	amortised		cost			85,544	87,320
19	Prior year income &	expenditure
									Unrestricted	Restricted	Total
									Funds	Funds	Funds
											2022
	Total Income								8,524	903,258	911,782
	Total Expenditure								26,471	830,394	856,865