|Contents|Page|
|---|---|
|Report ofthe Executive Committee:|1-12|
|Independent<br>Examiner report|13|
|Statement offinancial<br>activities|14|
|Balance sheet|15|
|Statement<br>ofcash flows|16|
|Notes to the financial<br>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<br>activities:||||||||
|General expenditure|||12|7,794|868,142|875,936|843,865|
|Pension scheme net|service|cost|311|9,000||9000|13,000|
|Charitable<br>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<br>gains and||losses||||||
|Actuarial gains on||||||||
|definedbenefit<br>pensionschemes|||3m|165,000||165,000|148,000|
|Net movement<br>in funds||||164,616|964|165,580|202,917|
|Reconciliation<br>offunds||||||||
|Total funds brought<br>forward||||1,221,687|374,606|1,596,293|1,393.376|
|Total funds carried forward|||13,<br>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<br>funds:||||||||||
|Designated|||||||13|1,295,729|1,295,729|
|General|||||||13|90,574|81,958|
|Unrestricted<br>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<br>o|fcash flows for|the year ended 3|1"March 2023|||
|---|---|---|---|---|---|
||||Note 17|2023f|2022f|
|Cash used|in operating<br>activities|||47,045|144,567|
|Cash flows|from investing|activities||||
|Investment|Income|||2,940|1 171|
|Cash provided<br>by investing||activities||2 940|1 171|
|Increase/(Decrease)<br>in cash||in the year||49,985|145,738|
|Cash at the|beginning<br>ofthe|year||1,131,636|985,898|
|Total cash|at the end ofthe|year||1,181,621|1,131,636|





## 

## 

## 

## 

## 

## 

|categorisation<br>of resources expended<br>is that there<br>is no<br>Tangible fixed assets<br>Tangible<br>fixed assets are depreciated<br>on a straight<br>line|categorisation<br>of resources expended<br>is that there<br>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|





## 

## 

## 

## 

## 

## 

## 



## 


## 



## 

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



## 



## 

## 

|3(j)|Changes to the fair|val|ue|ofass|ets|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2023|2022|
|||||||||||f000|FOOO|
||Opening<br>fair value ofassets|||||||||1,288|1,367|
||Interest income on assets|||||||||26|27|
||Remeasurement<br>gains||on assets|||||||(247)|65|
||Contributions<br>by the|employer||||||||2|10|
||Contributions<br>by participants||||||||||6|
||Net benefits<br>paid out|||||||||(78)|(187)|
||Settlements|||||||||991||
||Closing fair value of|assets|||||||||1,288|
|3(k)|Actual return<br>on assets|||||||||||
|||||||||||2023|2022|
|||||||||||FOOO|f000|
||Interest Income on assets|||||||||26|27|
||Actuarial<br>gain/(losses)on|||assets||||||247|65|
||Actual<br>return<br>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<br>recognised<br>in SOFA|||||||||165|148|
|4|Tangible fixed assets|||||||||||
||||||Voluntary<br>Action Centre||||Office &<br>project<br>equipmentf|Computer<br>equipment<br>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<br>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<br>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<br>of Net Assets between||||||funds||||||
||||||||||||Pension||
|||||||||||Net current|scheme||
||||||||Fixed||assets<br>E|assets<br>E|liabilityf|Totalf|
||Restricted<br>funds|||||||||375,570||375,570|
||Unrestncted<br>funds:||||||||||||
||Designated<br>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<br>F||assetsf|liabilityf|Total|
||Restricted<br>funds|||||||||374,606||374,606|
||Unrestricted<br>funds:||||||||||||
||Designated<br>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)<br>|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<br>number<br>of|e|mploye|es:||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
|Project workers<br>(full|time)||||||||2|2|
|Management<br>and administration||||(full time)|||||3|3|
|Project workers<br>(part||time)|||||||8|8|
|Management<br>& Administration||||(part|time)||||5|5|
||||||||||18|18|
|Income|||||||||||
||||||Unrestricted||Restricted||Total|Total|
|||||||funds|funds||2023|2022|
|||||||F||6|6|6|
|Unrestncted<br>income:|||||||||||
|Southampton<br>City|Council||||||||||
|Office 8 Other||||||16,410|||16,410|7,166|
|Restncted<br>income|(note 14):||||||||||
|Restricted<br>Projects|||||||823,163||823,163|850,129|
|S ho pmobility|||||||45|943|45,943|53,129|
|||||||16,410|869|106|885516|910,424|
|Investment<br>income|||||||||||
|All of the chanty's<br>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<br>expenditure||(note 14):|||||||||
|Restricted<br>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<br>funds||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||At 1||||At 31|
||||||Apr|Incoming|Outgoing||Mar|
|Volunta<br>Sector Su|ort||||2022f|resourcesf|resources<br>f|Transfers|2023f|
|Community<br>development|||/capacity|building|74,625|57,527|(26,089)||106,063|
|Health|||||81,553|92,352|(100,333)||73,572|
|Voluntary<br>sector training|||||9,988||||9,988|
|Community<br>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<br>s & Innovations|||||6358||||6358|
|Total —Voluntary<br>Sector Support|||||381,316|823,163|(810,178)||394,301|
|~Pro'ects||||||||||
|Shopmobility<br>—General||fund|||4,883||||4,883|
|Shopmobihty<br>—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<br>Sector Su|ort||||2021f|resourcesf|resources<br>f|Transfers|2022f|
|Community<br>development|||/capacity|building|115,923|43,789|(85,087)||74,625|
|Health|||||49,428|65,826|(33,701)||81,553|
|Voluntary<br>sector training|||||13,158||(3,170)||9,988|
|Community<br>Roots|||||25,813||(214)||25,599|
|Healthwatch<br>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<br>s & Innovations|||||24,839|311|18,792||6,358|
|Total —Voluntary<br>Sector||Support|||313,335|850,129|(782,148)||381,316|
|~Pro'ects||||||||||
|Shopmobility<br>—General||fund||||53,129|(48,246)||4,883|
|Shopmobility<br>—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<br>in debtors ar|e 6|92,580|(2|02|2:F10|8,863)|8 credit|ors are 654 (2022:610|3).||
|---|---|---|---|---|---|---|---|---|---|---|---|
|16|Corporation<br>Tax|||||||||||
||The charity<br>is exempt|for|tax on|income and|||grants|falling|within Taxes Act to the|extent that there are applied||
||to its charitable<br>objects.|||||||||||
|17|Reconciliation<br>of net movement||||in|funds|to the|net cash flow from operating||activities||
||||||||||2023||2022|
||||||||||||6|
||Net Movement<br>in funds||||||||165,580||202,917|
||Add back depreciation|charge|||||||28,659||28,659|
||Less Investment<br>income||||||||(2,940)||(1,171)|
||Pension<br>Movement||||||||(156,000)||(135,000)|
||Decrease/(Increase)<br>in|debtors|||||||13,522||39,356|
||(Decrease)/Increase<br>in|creditors|||||||(1,776)||9,806|
||Net cash used<br>in operating||activities||||||47,045||144,567|
|18|Financial<br>Instruments|||||||||||
|||||||||||2023|2022|
|||||||||||8|F|
||Financial assets|||||||||||
||Financial assets that are measured|||||at amortised||cost|1,287,975||1,251,513|
||Financial<br>liabilities|||||||||||
||Financial<br>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|



## 

##