Southampton Voluntary Services
{A Registered Charity &
Company Limited by Guarantee>
Trustees Report and Financial Statements
For the Year Ended 31 March 2025
Charity number 1068350
Company number 3515397

Southampton Voluntary Services
(A Rc%istei"¢d Charity an(1 Company Limited b), CJuArantee)
I'rustees Report and Financial Statements for the year ended 31 March 2025
Contènts
Page
Report of the Executs've Committee"
1-12
Independent Examiner report
13
Slatement of financial activities
14
Balance sheet
15
Statement of cash flows
16
Notes to the financial statements
17-23

Southampton Voluntary Services
Report of the F.xecutiiic Committee for the year ended 31 March 2025
The Executive Committee presents its report and the audited financial statements for the year ended 31 March 2025
Reference and administrative Information
Charity name
Charity registration number
Company registration number
Registered office & operational address
Southampton Voluntary servI￿s
1068350
3515397
Voluntary Action Centre
Kingsland Square. St Mary Street
Southampton, S014 1 NW
Executive Committee
The following, who are considered directors for the purposes of Company law and Trustees for the purposes of
Charity law, have served in office between the start of the year (or date of appointment if later) and the date of this
report..
S Ramsey.
K Liles"
C Rogers"
Chair
Vice Chair
Honorary Treasurer. Chair of Finan￿ sub-
Committee
M J Carnegie
D G Wrighton
P Hull
K Rowlinson
P Aubrey-Harris'
V Ugwoeme
R Gowland-Pryde
(Resigfted 201h March 2025)
(Appoinied 15th May 2025)
Denotes member tsl Finance Sub-committee
Company secretary
R Kurn
Independent Examiner
Morris Crocker, Station House, North Street, Havant. P09 1QU
Bankers
The Royal Bank of Scotland, 156 High Street, Southampton S014 2NP
Barclays Bank UK plc, Eastleigh Bus Ctr, 20-25 Upper Market Street, Eastleigh, S050 9FD
Virgin Money formally Clydesdale Bank plc, Bering House. Mariner Court, Clydebank G812NR
Close Brothers, 10 Crown Place, London. EC2A 4FT
Scottish Widows, PO Box 883, Leeds, LSI 9TY
Solicitor
Paris Smith, No. 1 London Road. Southampton S015 2AE

Southampton Voluntary Services
Report of tlie Execiitive Conimiltee for the year ended 31 Marcli 2025 (eonlinutd)
Our aims and objectives
Pur
oses and aims
SVS'S purposes, our Charitable Objects, are stated in our Memorandum and Articles of Association and form the basis
of our registration as a charity. These documents were prepared on incorporation in 1997 and I￿0 small amendments
not affecting the Charitable Objects were made to the Articles of Association at the AGM in October 2007. Our
Charitable Objects remain as set out in 1997, as follows-
"To promote any charitable purposes for the benefit of the community in the area of the administrative
authorities comprising the historic county of Hampshire (including Portsmouth and Southamplon) and in
particular, the City of Southampton, and if the directors of the charily shall so decide, in any of the administrative
authorities immediately adjoining, and in particular the advancement of education, the protection of health
and the relief of poverty. distress and sickness."
Ensurin
our work delivers our aims
We review our aims, objectives and activities each year and normally carry out a comprehensive re-appraisal every
three years in the preparation of our three year Forward Plan documents. The annual reviews look at what we achieved
and the outcomes of our work in the previous ￿e1ve months. The review looks at the success of each key activity and
the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure that
our aims, objectives and activities remain focused on our stated purposes. We have paid due regard 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 trustees consider how planned activities will
contribute to the aims and objectives they have set.
The Charitable Objects are summarised in SVS'S Vision, Organisational Values, Mission Statement and Key Aims which
were reviewed and updated with input from trustees and stakeholders in early 2019. Whilst our established framework
of three year forward planning has been less suited to the unprecedented levels of uncertainty we have been
experiencing, in this reporting period we have commenced a process of Strategic Planning, to revisit and refresh our
organisational strategic intentions. in line with our Charitable Obiects and public benefit, with engagement with all
organisational stakeholders. This set of strategic intentions will be published in late 2025, alongside a re-fresh of our
organisational values. vision, and mission.
SVS'S Vision is of 'Southampton is a Glty where everyone is inspired to make positive contributions to their
communities '
SVS'S Organisational Values are defined as:
Passion
SVS believes voluntary action is built on the passion of people and communities to make a positive
difference.,
Inclusiveness - SVS believes that the voluntary ethtc is best upheld when organisations promote equality and
diversity and are open, democratic, accessible and accountable to their users, members and the wider community.,
Independence- SVS will be a strong and independent voice for the seGtor. supporting best practice in autonomous
organisations.,
Innovation
SVS will support organisational resourcefulness, flexibilty and adaptability, through innovative,
original icleas and creative solutions.,
Partnership - SVS is committed to positive partnership work to create shafed thinking and find solutions to meet
local needs.
The Mission Statement is that"SVS aims to support a vibrant voluntary and community sector with a strong voice and
the best of support. SVS actively promotes voluntary action and the provision of essential services to vulnerable
communities."
The focus of our work
Our main objectives for the year are summarised in our strapline, "Promoting Voluntary Action" and in the eight Key
Aims which are..
Vojuntary Sector Support
Services and support- SVS will promote the effectiveness of local voluntary and community groups by providing
them with a range of services including access lo practical facilities, such as meeting rooms, office services, and
more involved support through general and specialist advice and information including regular newsletiers, website,
training and fu nding advice-

Southampton Voluntary Services
Ileport of the fl X¢LUtive Committee for Ilie yeAr ended 31 March 2025 (¢ontinued)
Liaison
as a focal point for the local voluntary and community sector in Southampton, SVS will encourage
ne￿orkIng between individuals and gfOUPS Wlthin the sector, and between local gfOUPS and the statutory and
private sectors. SVS will also help different communities to organise their own networking activity.,
Representation - with government encouraging involvement of voluntary and community groups in shaping and
delivering services, SVS will enable the views of local groups to be represented strategically at local, regional and
national levels,
Development work - SVS will help identify gaps in service provision and work with groups to develop new and
innovative services to meet these needs..
Strategic partnerships- SVS will work in partnership with local govemment and other statutory agencies to shape
and deliver services to meet city needs,.
Promoting volunteering and voluntary action
SVS will use its resources to promote volunteering in
Southampton and lo facilitate increased opportunity for voluntary action as an expression of active citizenship and
civil society.,
SVS Serrfices
Quality Services - SVS will deliver good quality serVI￿S to meet the individual needs of vulnerable communities..
Governance
Governance and performance - SVS will demonstrate best practice in governance by upholding the standards
within the Good Governance Code for the Voluntary and Community Sector.
How our activities deliver
ublic benefit
Our main activities and who we try to help are described in °who used and benefited from our services" and our
achievements and performance in the year are assessed in the -review of the year" All our charitable activities are
undertaken to further our charitable purposes, as embodied in our Charitable Objects, Vision and Mission
Statement, for the public benefit.
Who used and benefited from our services?
Our wide-ranging Principal Activities are set out below together with the individuals and groups, mainly based within the
city of Southampton, that benefit from these activities.
Voluntary Sector Support". Developing. connecting. influencing and representing the voluntary and community
sector through providing leadership, information. good practi￿, ne￿orkS and capacity building-,
Promoting Volunteering and Voluntary Action-. Involving volunteers. promoting volunteering and voluntary
action in all sectors.,
Services to meet the needs of individuals:
Community Roots: A recovery focused, allotment based horticultural project providing supported
volunteering opportunities for people with additional support needs, including those who may have
experienced mental health problems, substance and alcohol use, and homelessness.
Healthwatch Southampton: The local consumer champion for health and social care. Healthwatch
Southampton IHWS} listens to the views and experiences of the public and patients and uses its influence
to affect commissioning and service provision decisions and practice. HWS also offers an information,
advice and signposting service.
Shopmobility.. Provision of wheelchairs and scooters to people with limited mobility enabling them to
access the city centre and access shops, amenities and seNices independently.
SO.'Linked: contract enabling delivery of SVS community development functions 21ongside community
navigation to enable members of the public to find the support they need in the community. This work is
led by SVS and delivered through subcontract arrangements with our partners Social Enterprise Link,
Spectrum CIL, and TWICS.
Summa
review of the
ear
This summary review covers the period 1st April 2024- 31sI March 2025, a period characterised by a continuation of
poor economic conditions impacting on our beneficiaries and continued restrainl in public spending. We have seen a
continuation of reorganisation within our public sector bodies, alongside multiple transformation programmes as
statutory bodies attempt to meet need within strict financial constraints. Amidst this bleak economic outlook there
have been opportunities to look at how VCSE organisations work in partnership with the public sector to meet local
need.

Southampton Voluntary Serviees
Repoi't of the Executive Conimittee foi. the yeai. endeil 31 March 2025 (continued)
SVS Executive Committee, our charity trustees and company directors, led by Chairperson Stephanie Ramsey, have
shown great leadership through what has been an unTrrtain period. The Execulive Committee meet bi-monthly, and
have also convened a number of sub-groups focusing on finance. organisational risk, strategy, and future contracts.
Over the course of the year the recommissioning of early intervention and prevention work, delivered by the sector,
has taken centre stage, with a plan to combine the existing activity delivered by multiple organisalions into one mega-
contract, under the banner of SEAS (Southampton Early Help and Support). As the local infrastructure organisation.
SVS has been pivotal in bringing the main providers together with commissioners to explore how this work could be
contracted through different partnership models- work we expect to continue well into the next financial year.
SVS has also led on the formation of a Southampton VCSE Alliance to foster closer working relationships with the
local authority by resetting and reframing the sector's relationship as collaborative, as opposed lo transactional, in
nature.
Overarching themes of the year include..
Public Finances - continue to be under immense pressure, having a knock on effect on the sector.
Changing Structures - following the restructure of health into Integrated Care Boards (ICBS) covering larger
geographical footprints we are now preparing for the challenges and opportunities presented by both the
formation of a Hampshire & Isle of Wight Mayoral Combined Authority. and Local Government
Reorganisation, which will see Southampton grow as an Unitary Authority.
Redesign I transformation - transformation has become the norm in order to meet public demand and
deliver outcomes amid reducing resources. Whilst challenging to meet the pace of change and stay abreast
of developments, transformation programmes are presenting opportunities to do things differently to achieve
impact.
Collaboration - a welcomed. and growing, realisation that sector organisalions need to stand together and
collaborate if they are to suNive and thrive in the current climate. Cross sector collaboration has also gained
traction during the reporting period.
Uncertainty - recommissioning of local services mentioned above has led to high levels of uncertainty
regarding future funding and delivery that has made planning and recruitment extremely difficult
New opportunities - new partnerships have emerged over the year, presenting new and exciting
opportunities. This has been most evident wrthin health and research. building on our relationships with
Universities and Public Health.
Sector su
ort and infrastructure
The SVS led SO: Linked programme "supporting Southampton's communities and people" continues to be the main
delivery vehicle for ourcommunity development work. alongside partners TWICS and Social Enterprise Link. SO..Linked
community navigation work has continued through our partner Spectrum CIL, albeit at a reduced level, whilst we have
also developed a Hospital discharge navigation service.
Other projects delivered under the SO=Linked banner have included=
SO: LID - our Local Information Directory has provided a go to digital space to identify local services, support,
activities, funding and more, and the offer has continued to grow over the year. This is an invaluable resource
for OLir navigators, social prescribers in the city. the VCSE {Voluntary Community Social Enterprise sector), and
statutory partners.
Southampton Green Network this SVS neiwotk brings together over 50 organisations, of all sizes, to
collaborate on the green l environmental agenda within Southampton_ The nebwork has worked closely with a
University of Southampton researcher to develop impact measurement tools for green social prescribing, which
were launched in autumn 2024.
Social Prescribers Network
convened by SVS this neiwork draws together practitioners across sectors
involved in social prescribing_ The ne￿Ork publishes a regular newsletter highlighting best practice and
showcasing community activities
SO: Lotto- our local lottery schemewith Gatherwell has continued over the year and has raised a total revenue
of £59,595 and 59 good causes have benefitted. £6,450 of prizes have been distributed to players.
Southampton VCSE Alliance- this nelwork has been initially developed lo foster closer working relationships
with Southampton City Council. Whilst originally planned as a local health network the focus has changed
owing to the formation of ICBS and the loss of place-based health focus.

Southampton Voluntary Services
Repoi't of the Ei ieciitii'e Committee for the year ended 31 Mareh 20251¢ontinutdl
Friday Forum - we continue our monthly collaboration focused Friday Forum for the sector with a different
theme each month. The forum is well attended with beiween 15 - 65 organisations joining each month.
Volunteering Development - SVS Volunteer Development Worker has driven foNard volunteering work
throughout the year, developing our brokerage service, forming a volunteer coordinators nelwork, providing
training and best practice advi￿, and raising the profile of volunteering Ihrough events and marketing.
Leadership and Advoca¢y- our extensive ne￿orkS mean we are well placed to ensure a strong, sector voice
at the city's stiategic partnerships. This includes Adulls, and Children's, Safeguarding Boards, Safe City
Partnership, Reducing Drug Harm Partnership. Children and Young People's Partnership Board, Health and
Wellbeing Board, amongst others, and various working groups. This enables the sector a level of influence in
the local policy environment, and ensures the sector are well sighted on local developments and opportunities
for collaboration. Our Southampton VCSE Alliance will help strengthen these arrangements. providing a
stronger representative base.
Hampshire and Isle of Wight VCSE Health and Care Alliance (HIVCAI - this Integrated Care System wide
collaboration aims to build stronger relationships and joint working. SVS CEO is a member of the leadership
committee, focusing on place-based representation.
Young Southampton - an alliance of local young people's organisations that aims to draw further investment
into the city to support youth activities has been supported by SVS throughout the year in it's journey to
becoming an established charity. SVS CEO has been a member of the steering group and has overseen the
election process for the founding trustees. Currently SVS hosts Young Southampton and administers its
finances.
Group Support - supporting local organisations continues to be a key focus through training, acting as an
electlDn commissioner. helping to resolve conflict, fi'nding funding, and all areas ofgovernance and management
of an organisation
Research Unit - our work in the community research space has continued to grow, with key work strands
highlighted below.
In.Resldence
working closely with University of Southampton we published our Green Social
Prescribing Impact Toolkit in Autumn 2024, having worked with four organisations from Southampton
Green Ne￿Ork. Funding has now been assigned for the programme to continue.
We Value a collaborative project with University of Brighton and University of Southampton as part
of the Infrastructure for Port Cities and Coastal Towns project to explore local shared values. This
project ended in September 2024.
Coproduction Corner- initially funded by the Centre for the South policy unit, this project is exploring
how coproduction can form an integral part of policy development, and forming a local community of
practice. A number of pilot projects were trialled throughout the year including Teenage Girls in Parks
and Sustsinable Food NelMorks. The work has continued to be supported by University of
SoLtthampton and Southampton Public Health Team.
Health Determinants Research Collaboration
a partnership be￿een local universities,
Southampton City Council, and SVS that aims to introduce a research and evidence based decision
making structure into all of the council's work, with priorities set through public involvement and
community engagement. SVS are involved in the steering group and public involvement and community
engagement work. Our coproduction work dovetails well with HDRC'S aims.
Services to the
ublic
Whilst the development and delivery of new public facing services is no longer a strategic priority for SVS, preferring to
work collaboratively with our membership on such endeavours. we do still deliver some public services.
Healthwatch Southampton (HWS) the refreshed Strategic Group have redesigned and streamlined the
governance model during the year and are actively recruiting new members. Work in year has included people's
experience of homecare, accessibÈ information standards audit, patient participation groups, dentistry in
Southampton, and community mental health services. A new three year work plan has been published.
Healthwatch Southampton's annual report is published on their website on 30lh June 2025.
City Shopmobility
as we prepared to close this project at the end of the last reporting period due to the
funding being cut, West Quay shopping centre kindly agreed to fund this crucial local asset moving forward,
avoiding the redundancy of two staff members and ensuring that local people with reduced mobility still have

Southampton Voluntary Services
Report of the Executive Committee for the j'ear ended 31 Mareh 2025 {continueil)
access to city centre amenities. Over the course of the year the project has enabled 1273 visits to the city
centre.
Community Roots
the project has continued to flourish. suptM)rting drug service CGL'S clients on their
recovery journey Referrals increased during the year with new groups being launched. The project also
worked in collaboration with SCC to support people at risk of losing Iheir allotments due to ill health by helping
to keep their plols tidy. Other highlights included working with a researcher from University of Southampton to
develop impact measurement tools for the project as part of the In-Residence Green Social Prescribing Project.
Finally. a massive thanks to all SVS staff, volunteers, and trustees for your respective contributions. You, our people,
are SVS, biggest asset, and we couldn t do what we do without your teamwork, creativity and energy. Thanks. are also
due lo our partners, supporters and funders. and SVS looks foward to your ongoing support into the future.
The Role of Volunteers in our Service Provision
In all aspects of SVS work arid service delivery we have teams of active volunteers who enhance our work and the
services we offer to the public. Some ofour SVS volunteers have themselves experienced unemployment, whilst others
have additional support needs or are in recovery from addictions or health problems, so our experience in working with
and involving them provides an excellent grounding for the work we do in encouraging others to actively involve
volunteers.
SVS is proud and infinitely grateful for the commitment and contribution in terms of creativity, enthusiasm and the
substantial donation of all our volunteers, time and effort, which to us is priceless. However, this contribution can be
quantified in monetary value using the 2019 provisional median earnings from ASHE by Office of National Statistics.
This means the sum of 2828 volunteer hours contributed by approximately 66 volunteers is equivalent to £45,021.76., 8
massive Contribution and we thank each and every one of you.
Financial review
Financial overview
This is an increasingly challenging time within our sector with major funding uncertainties, a turbulent external
environment and the increasing impact of procurement and tendering. We continue to face uncertainty over parts of
our income and to deal with late decisions over funding income, but we plan, recognising that these 2re aspecls of the
environment in which we operate. In this context, SVS achieved a planned outcome for the yearwith a net increase
In its unrestricted general fund of £18,488 (note 13).
Restricted funding will by its nature involve situations where funds are received in one year and spent in a different year,
resulting in situations where net surpluses or deficits arise. In the current yeai our total Restricted funding reserves
increased by £116,709 (2024.. decrease £48,163). Our reserves policy is set out in more detail below.
The net movement in funds was £135,197 (2024. £50,466).
The SVS Balance Sheet remains appropriate for aTI organisatior) of our size. with appropriate liquidity.
ecifics
Tolal incoming resources amounted to £824,882 compared with £742,414 for 2024. an increase ofc90/o. Total resources
expended amounted to £689,685, a decrease of c8.50/0 compared with the previous year's figure of £792,881 Total
funds at Ihe year-end amounted to £1.846,604 (2024- £1.711,407) which is made up as follows..
2025
2024
Restricted reserves
Designated reserves
held for future project expenditure
set aside for VAC depreciation and for
essential future operating expenses
see below
444,116
1,295,729
327,407
1,295,729
General reserves
106,759
88,271
Total funds
1.846,604
1,711,407
General reserves now stand at £106.759 (2024.. £88,271). The increase of £18,488 comprises the unrestricted surplus.
As shown below, general reserves are in the form of current assets (100 % ) and fixed assets (NIL).

Southampton Voluntary Services
Rei)oi't of the F,xecutive Committee for the Year ended 31 March 2025 (cigntinued)
2025
2024
Fixed assets
Current assets- free reserves
1[￿,759
88,271
Total general reserves
106,759
88,271
The Charity's free reserves may decrease significantly, as future essential expenditure on fixed asset replacement
becomes inevitable. Accordingly, these reserves are held principally to give some protection againstfuture uncertainties
and are not available for short-term expenditure.
Princi
al fundin
sources
Voluntary SeGtor Support and Promoting Volunteering and Voluntary Action are funded through contracts from
Southampton City Council (SCC) togetherwith sizeable contributions from the Hampshire & Isle of Wight Integrated
Commissioning Board, Southampton University, West Quay Shopping Centre and various smaller funding
streams, some ofwhich also derive trom SCC. The SVS Services are primarily funded through a mix ofgrants, contracts
and charitable trusts.
Fundraisin
olic
SVS welcomes donations and in-kind contributions from business and other supporters. especially with respect to our
service delivery work to the public. SVS undertakes limited fundraising from the pijblic to support its voluntary sector
support work where it is compatible with our aims and supportive to the many of the voluntary and community groups
that we exist to support. SVS Services maintain annual fundraising activities lo sustain their basic services, and these
have been increased universally in the past year in response to the constraints of public funding to ensure their
sustainability to meet public needs.
The Charity conducts all its fundraising activity in line with the Fundraising Regulator Code of Fundraising Practice and
is pleased to confirm that it has recewed no complaints in relation to its fundraising activity over the Course of the 2024-
25 year.
I nvestment olic
The Executive Committee, having regard to the liquidity requirements of the charity and the reserves policy, have
reviewed and operated a policy of keeping available funds in competitive interest-bearing deposit accounts and seek to
achieve a rale of deposit interest which matches or exceeds inflation as measured by the retail prices index. However,
due to the current economic climate, we have several fixed term bonds and are achieving slightly less than the current
RPI inflation rate.
The Executive Committee, mindful of public concern regarding the liquidity of banking instilutions, periodically review
the allocation of funds to individu21 banks and have diversified the range of accounts held to maximise protection of
funds under the banks guarantee system. The Executive Commiltee believes that SVS would be eligible to receive
compensation through the Financial Services Compensation Scheme on the failure of a UK registered bank and
considers that investment in four banks both minimises the risk of losing charitable funds and the risk of losing liquidity
due to bank failure.
Remuneration Polic
The Directors and the board of Trustees and the senior management team comprise the key management personnel
of the Charity.
The charity Tru51ee5 ultimately hold the responsibility for setting the remuneration levels for the staff within the
organisation including the senior staff. The individual salaries of senior staff membefs remain lower than £60,000.
In 2013 the Executive Committee elected to move away from the NJC pay scales and to adopt a more standardised
approach to pay structures and allow the organisation to focus on narrowing the gap between the highest and lowest
paid staff. They chose to review any salary increaselpay award on a fixed amount rather than the percentage increase
previously used, thus redLtcing ihe gap to attract and keep appropriately qualified staff. In line with our commitment to
our lowest paid staff we have also adopted the Living Wage scheme within the organisation.
As at the 31st March 2025 we calculated our gender pay gap as follows'.-

Southampton Voluntary Services
Repoi't of the Executive Comniittee for the year ended 31 March 2025 {continiied)
Median and mean male & female hourly earnings:_
Male Hly
Earnings
20.65
Female Hly
Earnings
20.66
Stngle Figure
Pay gap Yo
-.0.05¥0
-0.03Yo
Difference
Median
-o.oi
Mean
20.65
20.66
-0.005
Mean male & female hourly earnings by quartile:_
Mean Male
Hly
Earnings
27.27
Mean
Female Hly
Earnlngs
Mean single
figure pay
gap%
Difference
Yo Male
Y¢ Female
Quartile I
Quartile 2
Quartile 3
Quartile 4
27.27
IOOYO
o,
Oyo
IOOYO
20.66
-20.66
20.66
14.03
20.66
loo%
loo%
00
14.03
o¥,
Reserves
olic
The Executive Committee has examined SVS'S requirements for reserves considering the main risks lo the organisation
and in line with its policy to do so on an annual basis following delailed scrutiny 3nd recommendations by its Finance
sub-committee which is itself guided by the Charity Commission guidance on charity reseNes. In light of the increased
uncertainty around public sector funding and the unprecedented times duiing the Pandemic, the Executive committee
has reviewed ils position and feel that due to recent experience and the prevailing climate, a more prudent approach is
currently required and that its policy should be strengthened so thal the unrestricted funds and restricted project funds
not committed or invested in tangible fixed assets held by the charity, should be at least 6 and if possible 12 months of
the expenditure together with our best estimate of future capital expenditure in order to provide sufficient time to seek
alternative funding or to properly wind down services if absolutely necessary in the event of loss of public sector funds.
This is consistent with our assessed risk register which the Executive Committee and senior staff jointly review overall
on annual basis and as required when substantive changes or developments occur relevant to specific areas identified
on the risk register.
The Charity needs reserves to enable it to continue to operate as an ongoing concern. The Executive Committee
consider the reseNes held on the balance sheet to be at an adequate level, as sel out further below, to meet their
responsibilities and commitments, protect and advance its current activittes.
Based on budgeted expenditure for the year commencing 1st April 2024, the target is for free reserves of between
£75,000 and £150,000 in unrestricted funds and of be￿een £375,000 and £750,000 in restricted project funds. The
reserves are needed to meet the working capital requirements oflhe charity and the Executive Committee are confident
that at this level they would be able to continue in the short term the current activities of the charity in the event of a
significant drop In funding.
The present level of free u nrestricled reserves, being the unrestricted reserves excluding those represenled by fixed
assets and those held for designated purposes, is £106.759 which falls within the target. The Executive Committee are
satisfied that the level of free reserves is acceptable having taken note of SVS'S policy of increasing reserves together
with the existence of certain designated reserves and recognising SVS'S expected future capital expenditure. The
present level of free restricted reserves, being restricted reserves excluding those represented by fixed assets, is
£444,116. The Executive Committee has concluded that these reserves are adequate based on the SVS Projects,
policy of increasing reserves. In the short term the Executive Committee has also considered the extent to which
existing activities could be curtailed, should such action be required. In volatile financial circumstances, having
adequate reserves has meant that we have been able to avoid issuing precautionary redundancy notices linked to SCC
or other bodies grants and tendering outcomes.
Future Sustainabilil
and The Green A enda
As part of our commitment to the Green Agenda we are now monitoring our carbon footprint. We curreniiy have one
building for which we will monitor. We also have solar panels which return to the grid.

Southampton Voluntary Services
Report of the Ixecutive Commiltee for the year ended 31 Mareh 2025 {continued)
Plans for the future
eriod
Our established cycle of Ihree year forward planning is currently less suited to the unprecedented level of uncertainty
we are facing, as detailed elsewhere in this report. SVS Executive Committee are therefore taking a year-by-year
approach to planning, supported by members, views arliculated in the SVS membership Su￿ey.
Structure, governance and management
Governin
document and member or
anisations
Southampton Voluntary Services (SVS> is a charitable company limited by guarantee. The company was established
undef a Memorandum of Association which stated the objects and powers of the charitable company and is governed
under its Articles Of Association. In the event of the company being wound up members are each required to contribute
an amount not exceeding £1. There are currently over 432 members, mainly voluntary and community organisations
that operate in Southampton and the surrounding area.
Recruitment and A
ointment of Executive Committee
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles
are known as members of the Executive Committee. Under the requirements of the Memorandum and Articles of
Association the members of the Executive Committee are elected to serve for a period of three years after which they
must be re-elected at the next Annual General Meeting, at whtch time members also vote annually for the Chair, Vice
Chair and Honorary Treasurer.
All members of the Executive Committee give their time voluntarily and received no benefits from the charity.
Expenses reclaimed from the charity are set out in note 2 to the accounts.
The Executive Committee monitors the skill requirements for the trustee body and carries out periodic specific reviews
of skills and sector experience. When additional trLtstees are required or a trustee retires, nominations for election are
sought from member organisations and vacancies are filled by suitable co-options in the interregnum.
Trustee induction and trainin
New trustees receive a detailed induction pack (including the Memorandum and Articles. the latest financial statements
and the Charity Commission's guide "the Essential Trustee") and have an ind￿Ction meeting with the Chief
Executive. Feedback from new trustees about their induction has been very positive. Additionally, new and existing
trustees are invited and encouraged to allend the regular trustee training sessions available to trustees of all member
organisations via the SVS Trustee Development Programme. An annual Financial Management briefing is provided for
the whole Executive Committee. The Trustee induction pack has been reviewed and updated during the year.
Risk mana
ement
The Risk Assessment Report is updated and reviewed annually by the Executive Committee, focusing oft the major
external and internal risks to which the charity is exposed. The new Charity Commission guidance was used to
prepare and review the risk assessment.
The key risks identified in the 202412025 risk assessment exercise were broadly in line with the previous reviews.
short-term initiatives, arrears l outcome funding, late signing of contracts, delayed payments and adequacy of
reserves to meet obligations diminishing funding pots.,
the loss of a key contracts from the increased pressures associated with tendering and procurement practices and
reduced public expenditure and the associated reduction of services being commissioned
changed political priorities from national and local government-,
demographic and social changes with poverty and social exclusion, high deprivation and an increasing strain on
SVS'S scarce resources including capacity to fully harness changes in the volunteering profile and enquiries.,
the charity's financial planning being adversely impacted by funding uncertainties and the impact of the other key
risks set out here.,
increases in cost of living affecting beneficiaries and the financial stability of the charity, particularly in relation to
longer term fixed-price contracts.
reliance on key staff and impact on organisational memory in case of leaving.
data security and safety., risk of cyberattack and potential fof inadvertent breaches of GDPR.,
financial pressures due to decreased revenue and fundraising opportunities.
10

Southampton Voluntary Seiwices
Report of the Executive Committee for the )'ear ended 31 March 2025 Icontinuedl
anisational Structure and Governance
The organisational governance and management are headed up by an Executive Committee which meets five times
a year. The Executive Committee consists of elected and nominated trustees. The Executive Committee is responsible
for the slraleg ic management of all current work and for the oversight of development in line with its Vision, Mission
Statement and Charitable Objects. At present the Committee h8s nine members from a variety of professional
backgrounds relevant to the work of the charity. The Company Secrelary also attends the Committee but has no voling
rights. The Committee has adopted the Good Governan￿ Code for the Voluntary and Community Sector.
The Executive Committee is supported by the Finance sUb￿0mmittee who scrutinise the details of the management
accounts, look at relevant financial issues and make recommendations to the full Executive Committee, including in
respect of the Executive Committee's annual review offinancial policies. This Committee also COTnmunicate with SVS'S
external Independent Examiner and make recommendations in respect of the external Independent Examiner
appointment, reporting back to the Executive Committee, receiving an unqualifi'ed examination opinion from a reputable
accountancy firm is a key ongoing priority The work of the Finance sub-committee includes an annual review of the
Charity Commission internal financial control self-checklist for charities.
The day-to-day management of the organisation is delegated to the Chief Executive, Mr R Kurn, who reports regularly
to the ExecLttive Committee and is also the Company Secretary. Line management arrangements through team leaders
are in place as is regular supervision for staff and volunteers as well as a Joint Progress Review process.
Related arties
The relationships between the charity and related parties, together with details of any related party disclosures, are set
out in note 2 to the financial statements.
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with the
Companies Act 2006 and for being satisfied that the financial statements give a true and fair view. The Trustees are
also responsible for preparing the financial statements in accordance with United Kingdom Accounting Slandards
(United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for
Ihat period. In preparing these financial statements, the Trustees are required to..
select suitable accounting poli¢ies and then apply them consistently.
make judgments and eslimales that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained IN the financial statements..
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in business.
The Trustees are responsible for keeping adequate accounting records that show and explain the charity's transactions,
disclose wilh ieasonable accuracy at any time the financial position of the charity, and enable them to ensure that the
financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Financial statements are published on the charity's website in accordance with legislation in the United Kingdom
governing the preparation and dissemination of financial statements. which may vary from legislation in other
jurisdictions. The maintenance and integrity of the charity's website is the responsibility of the Trustees. The Trustees.
responsibility also extends to the ongoing integrty of the financial statements contained therein.
Members of the Executive Committee
Members of the Executive Committee. who are directors for the purpose of company law and trustees for the purpose
of charity law, who served during the year and up to the date of this report are set out on page 1.
In accordance with company law, as the company's directors, we certify that:

Southampton Voluntary SeThices
Ilepoi't of the Executive Coniinittee for tlie )'eai' elided 31 March 2025 (continucd)
so far as we are aware, there is no relevant fi-nancial information of which the company's independent examiner is
unaware., and
as the directors of the company, we have taken all the steps that we ought to have taken in order to make ourselves
aware of any relevant independent examiners information and to establish that the charity's independent examiner
is aware of that information.
The financial statements have been prepared in accordance with Accounting & Reporting Charities..
Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS102) (Effective l January 2019}
(Charities SORP(FRS102)}, Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and
the Companies Act 2006.
Approved by the Executive Committ& on 171h July 2025 and signed on its behalf by..
S Ramsey
Chair
C Rogers
Treasurer
12

Southamplon Voliintary Services
ii(IL'PL'iiilc.nt If x21))iiJei' s Iloi)ot't to the I'i'iis(ees of Soiithampton VoliiIitai'.y Sei"vices
1401, tIIL' YL'XI. L'iidL'd 31 March 202.5
INDCPENDENT EXANIINER'S REPORT TO THE TRUSTEES OF SOUTHAMPTON VOLUNTARY SERVICES
Independent examiner's report to the trustees of Southampton Voluntary Services ('the Company,)
I report lo the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible
for the prepaiation of the accounts in accordance with the requirements of the Companies Act 2006 {'Ihe 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under P2rt 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination ofyour charity's accounts as carried
out under section 145 of the Charities Act 2011 I'the 2011 Act,). In carrying out my examinatior* I have followed the
Directions given by the Charity Commission under section 145{5} Ib} of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirm
that l am qualified to undertake the examination because l am a fegistered member of ICAEW 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..
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act., or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination.. or
the accounts have not been prepared in accordance with the methods and principles of the statement of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102))
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.
S Mackie FCA
Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
P09 lQU
13

Southampton Voluntary Services
tateinent of financial Actii'ities (including Inconie & Expendilure Account)
lior the.year eJide(131 Mai'¢h 2025
Unrestricted Restricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Note
Income
Income from charitable activities
22,343
767,963
790,306
718,541
Income from other generated funds..
Investment income
Other income
10
33.810
766
34,577
33,809
767
34,576
23,829
44
23,873
Total income
18
56,919
767 963
824,882
742,414
Expenditure
Charitable activities..
General expenditure
38.431
651,254
689,685
792,880
Pension scheme net service cost
Charitable activities expenditure
38,431
651,254
689.685
792,880
Total expenditure
18
38,431
651,254
689,685
792,880
Net (expenditure)
18,488
116,709
135,197
(50,466)
Other recognised gains and losses
Actuarial gains on
defined benefit pension schemes
Net movement in funds
18,488
116,709
135,197
{50,466)
Reconciliation of funds
Total funds brought forward
1.384,000
327,407
1,711,407
1,761,873
Total funds carried forward
1,402.488
444,116 1,846,604
1,711.407
The notes on pages 17 to 23, incorporating the Accounting Policies on pages 17 to 18, form part of these accounts.
The Statement of Financial Activities includes all gains and losses recognised in the year.
All amounts relate to continuing activities.
14

Southampton Voluntary Services
IlalAnee Sheet as at 31 Nqai"¢h 2025
Nots
2025
2024
Fixed assets
Tangible assets
506.388
532,915
Current assets
Debtors
Cash at bank and in hand
224,221
1,145,684
1,369,905
151,163
1,097,772
1,248,935
Liabilities
Creditors.. amounts falling due within one year
29,689
70,443
Net current assets
1,340,216
1,178,492
Net assets excluding pension liability
1,846,604
1,711,407
Defined benefit pension scheme liability
Net assets including pension liability
1,846 604
1,711,407
The funds of the charity
Restricted funds
13
444,116
327,407
Unrestricted funds..
Designated
General
Unrestricted income funds excluding pension reserve
Pension reserve
Total unrestricted funds
12
12
1,295,729
106 759
1,402,488
1,295,729
88,271
1,384,000
12
1,402,488
1,384.000
Total charity funds
1,846,604
1,711.407
The r>otes on pages 17 10 23, incorporating the Accounting Policies on pages 17 to 18, form part of
these accounts.
For the financial year ill question the company (035153971 was entitled to exemption under section 477 of the
Companies Act 2006 relaling to small companies.
No metnbers have required the company to obtain an audit of its accounts for the year in question in accordance
with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to
accounling records and for the preparation of accounts.
These financial statements were approved by the Board on 171h July 2025 and were signed on its behalf by..
S Ramsey
Chair
C Rogers
Treasurer
15

Southampton Voluntary Services
Cash Floivs as at 31 Mai'ch 2025
statement of cash flows lor the year ended 31st March 2025
Note 17
2025
2024
Cash used in operating activities
14,102
(107,678>
Cash flows from investing activities
Investment Income
33,810
23,829
Cash provided by investing activities
33,810
23,829
Increasel{Decrease} in cash in the year
47,912
183,849)
Cash at the beginning of the year
1,097,772
1,181.621
Total cash at the end of the year
1.145,684
1,097,772
16

Southampton Voluntary Services
Notes to the Financial Statements foi. the year ended 31 March 2025
Accounting policies
1 (al Basis of preparation
Southampton Voluntary Services is a charitable Company limited by Guarantee. The company is registered in England
and Wales and its regislered offi'ce is set out on page 2
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 (FRS1021 (effective 1 January 20191
(Charities SORP (FRS102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS1021 and the Companies Act 2006.
The charity is a public benefit entity and considered by the Trustees to be a going concern.
1 Ib) Funds structure
Funds held by the charity are either..
Unrestricted general funds
discretion af the trustees.
Designated funds these are funds set aside by the trustees out of unrestricted general funds for specific
future purposes or projects., or
Restricted funds - these are funds that can only be used for particular restricted purposes within the objects
of the charity. Restrictions arise when specified by Ihe donor or when funds are given for particular restricted
purposes or where the funder requires any surpluses under services agreements to be retained for that
specific project.
these are funds which can be used in accordance with the objects at the
8lc) Income
Income from charitable aclivities arises solely in the UK and includes income received under grants, contracts
and service level agreements. Amounts related to future periods are shown as deferred income.
Incoming resources are recognised when the charity's entitlement to the resources is confirmed, it is probable that the
resources will be received, and they can be measured with reliability.
1{d) Expenditure - direct charitable, governance and support costs
Expenditure is reGognised on an accruals basis.
Most expenditure is directly categorised as expenditure on charitable activities. The benefit of this direct
ategorisation of resources expended is that there is no unallocated expenditure or'svpport costs,.
1 le) Tangible fixed assets
Tangible fixed assets are depreciated on a straight line basis over their estimated useful lives as follows..
Asset cate
Voluntary AGtion Centre (VAC)
Office & project equipment
Computer equipment
Useful life
40 years
5 - 20 years
2 years
No depreciation is provided on the land element of the Voluntary Action Centre.
All assets of £1k are capitalised and full year depreciation is applied on year of acquisition.
1(fj Impairment of assets
Assets that are subject to depreciation are assessed at each reporting date to determine whether there is an
indication that the assets are impaired Where there is an indication that an asset may be impaired, an impairment
loss is recognised for the amount by which the assets net book value exceeds its recoverable amount. The
recoverable amount is the higher of its fair value or its va5ue in use. As the assets are held for the charitable service
potential to its beneficiaries. it is appropriate to regard value in its use as the assets service potent131 measured by
its replacement value_ The replacement cost is the lowest economic cost that would be incurred in replacing the
assets service potential.
17

Soutliampton Voluntary Serviees
Notes to tlie Finaiicial Statements for the year ended 31 March 2025
1(gl Flow through funding
The charity deals with the onward payment of costs on behalf of some other organisations. These sums are
excluded from both incoming and expended resources on the basis that they do not represent incoming or
expended resources for the charity itself. The amount of flow through incoming and outgoing funds during the
year were £nil12024.' £nil} and £20,976 {2024. £27.125) respectively and the funding held at the year-end was
£24,754 {2024. £56,452)
11h> Debtors
Trade and other debtors, relating mainly to grant monies due. are recognised on the Balance sheet.
Prepayments are valued at the amount prepaid.
1(11 Cash and Bank
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 deFX)Sit or similar account.
1ti1 Creditors
Creditors are recognised where the charity has the present obligation resulting from a past event will probably
result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or
estimated reliably.
11kl Financial instruments
The charity has the financial assets or financial liabilities of a kind that qualtfy as basic financial instruments.
The basic financial instruments are recognised at transaction value and recognised at their settlement value.
1(1> Judgements and applying accounting policies and key sources of estimation uncertainty.
In preparing these financial statements, the dIre￿OrS have made the following judgements.
Determine whelher there are indicators of impairments if fixed assels Factors taken into consideration in
reaching a decision include the service potential of the property and its underlying replacemenl cost.
In preparing the accounts key areas of estimation have been made
Tangible fixed assets are depreciated over their useful lives considering residual values, where appropriate.
The actual lives of the assets and the residual values are assessed annually and may vary depending on
several factors In reassessing assel lives. factors such as charitable use and maintenance programmes are
considered.
A provision is made for the deficit arising on the charitls share of the Local Government Pension Scheme.
The Iruslees review Ihe underlying actuarial assumptions and make the appropriate judgments and changes
required as suitable to the charity.
Related party disclosures
2(al Control of the charity
Throughout the year, the charity was controlled ultimately by its members who meet annually at the Annual
General Meeting. The directors elected by the members govern the affairs of the charitable company behmeen
Annual General Meetings.
21b} Directors I trustees remuneration and expenses
No remuneration was paid to any directors I trustees in the year and no director I trustee waived the right to any
remuneralion in the year. Trustee expenses have been reimbursed in the year to the value of £Nil (2024- £Nil).
Tangible fixed assets
Voluntary
Action Centre
Offjce &
project
equipment
Computer
equipment
Total
Cost:
As at 1 April 2024
Additions
As at 31 March 2025
1,220,093
151,767
119,635
1,491,495
1.220,093
151,767
119,635
1,491,495
Depreciation:
18

Southampton Voluntary Services
Notes to the Fin2nci#l Statements for the year en(led 31 Mai'cli 2025
As at 1 April 2024
Charged in the year
As at 31 March 2025
687,178
26,527
713.705
151.767
119,635
958,580
26,527
985,107
151,767
119,635
Net book value:
As at 1 April 2024
532,915
532,915
As at 31 March 2025
506,388
506,388
All fixed assets are held at historic cost. Included in Voluntary Action Centre is £159,000 of freehold land
which has not been depreciated.
Debtors
2025
2024
Grants receivable
other debtors
220,867
3,354
224 221
146,319
4,844
151,163
All amounts are due within one year from the balance sheet date.
Creditors: amounts falling due within one year
2025
2024
Trade creditors
Accruals & Flowthrough
3,735
25,954
29,689
31,165
39,278
70,443
Deferred Income
2025
2024
Brought Forward
Amount released to Income Resources
Amount Deferred in the year
Analysis of Net Assets between funds
Pension
scheme
liability
Net current
assets
Fixed assets
Total
Restricted funds
Unreslrictecl funds..
Designated funds
General funds
Pension reserve
At 31 March 2025
14
444.116
444,116
13
506,388
789.341
106,759
1,295,729
106,759
3g
506,388
1.340.216
1,846,604
Pension
scheme
liability
Net current
assets
Fixed assets
Total
Restricted funds
Unrestricted funds.
Designated funds
General funds
Pension reserve
At 31 March 2024
14
327,407
327,407
13
13
3g
532,915
762,814
88.271
1,295,729
88,271
532,915
1,178,492
1,711,407
19

Southanipton Volllntary Services
Notes to tlie FÉnancial Statemeiits for the ye%r ended 31 March 2025
Net (expenditure) for the year
2025
2024
Net (expenditure) for the year is stated after charging..
Depreciation
Independent Examination (including VAT)
26,527
1,200
26,527
1,200
Staff Costs
2025
2024
Salaries and wages
Social securily costs
Pension Stakeholder scheme- matched contributions
331,569
27,231
10,393
369,193
352,747
27,445
11,802
391,994
No employees received remuneration more than £60.000 (2024: 0)
Key Management personnel comprise of the Chief Executive Officer, the Senior Manager Business & Finance
and the Senioi Manager Operations & Programmes. The total benefits received by key management was
£146,484 {2023. £144,363}
Average number of employees..
2025
2024
Project workers (full time)
Management and administration (full time)
Project workers (part time>
Management & Administration (part time)
46
18
Income
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Unrestricted income
Office & Other
56,919
56,919
42,931
Restricted income (note 14)-
Restricted Projects
Shopmobility
711,400
56,563
767.963
711,400
56,563
824,882
646,021
53,462
742,414
56,919
10 Investment income
All of the charity's investment income arises from interest bearing deposit accounts_
11
Expenditure
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Core management & support costs
Restricted expenditure (note 14)..
Restricted Projects
Shopmobility
38,431
38,431
45.234
600,771
50,483
651,254
600,771
50,483
689,685
696,922
50,724
792,880
38,431
20

Southampton Voluntary Services
Notes to tlie Finai)Lial Statements for the year ended 31 March 2025
12 Unrestricted funds
At1Apr
At31
2024 Movement Transfers Mar 2025
Note
Desi
VAC
Propety
Staffing reserve
Building maintenance
Computer and office equipment
Legal
nated funds
532.915
537,178
142,636
30,000
20,000
33,000
1,295,729
(26,527)
26,527
506,388
563,705
142,636
30,000
20,000
33,000
1,295,729
General funds
General reserve
88,271
18,488
106,759
Other funds
Pension reserve
3g
Total unreslricted funds
1,384,000
1,402,488
At1Apr
At31
2023 Movement Transfers Mar 2024
Desi
VAC
Property
staffing reserve
Building maintenance
Computer and office equipment
Legal
nated funds
559,442
510,651
142,636
30,000
20,000
33,000
1,295,729
(26,527)
26,527
532,915
537,178
142,636
30,000
20,000
33,000
1,295,729
General funds
General reserve
90,574
2,303
88,271
Other funds
Pension reserve
3g
156,000
156.000
Total unrestricted funds
1.221,687
164.616
1,384,000
The VAC deprecialion reserve was set up when the Voluntary Action Centre was built in 2003 and represents the
remaining nel book value of the VAC. Each year a transfer is made to release from the reserve into the Property
fund an amount equal to the annual property depreciation. The total of these two reserves equates to the cost price
of the VAC less impairment provisions.
The other designated reserves are funds set aside for specific purposes essential for the future operation of the
charity in the short to medium term. Transfers are made between these funds and the general reserve as required.
The Pension reserve was set up as a result ofthe implementation of SORP 2005 and continued under SORP 2015.
This introduced the new heading of "Defined benefit pension scheme liability" into the assets and liabilities section
of the balance sheet, m2tched by the introduction of 8 specific negative Pension reserve in unrestricted funds.
13 Restricted funds
At1Apr
Incoming
2024 resources
Outgoing
resources Transfers
At31
Mar 2025
Volunta
Sector Su
ort
Community development Icapacity building
Health
Voluntary sector training
Community Roots
Healthwatch
98,059
72.664
9,988
22.907
46,312
12,857
{5.377)
105,539
72,664
9,988
20,166
53,491
3,500
138,938
{6,241)
(131,759)
21

Southamptoii Voluntary Services
Notes to the Fiiiancial Statemeiits foi. the )'ear ended 31 March 2025
Fairness Commission
Pippa
VAC contributions
SO Linked
YPF Trust
SO Lets Connect
Build ings & Innovations
UKSPF
HDRC
Total- Voluntary Sector Support
2,747
5,061
4,459
22,813
3,020
49.012
6,358
2,747
5,061
4,459
23,067
104,525
6,809
8,358
12,216
26,939
454, 029
356,944
104,000
(356,690)
12,495)
(42,203)
53,166
41,995
711.400
(40,950)
15,056
(600. 771)
343,400
Pro
ects
Shopmobility - General fund
Shopmobility - Charitable and other funds
Subtotal - Shopmobility
4,883
20.876
(15,993)
4,883
14,796
(9,913)
56,563
56,563
50,483
(50, 483)
Total- Projects
15.993
56. 563
50,483
9,913
327, 407
767,963
651,254
444,1?6
At1Apr
Incoming
2023 resources
Outgoing
resources Transfers
At31
Mar 2024
Voluntar
Sector Su
ort
Community development Icapacity building
Health
Voluntary sector training
Community Roots
Healthwatch consultation
Fairness Commission
Pippa
VAC contributions
SO Linked
YPF Trust
SO Lets Connect
Buildings & I nnovations
Access to work
Total- Voluntary Sector Support
106,063
73.572
9,988
26.048
40,282
2,747
5.061
8,659
28.206
100
87.217
6,358
36,107
41,383
(44,111)
(42,291)
98,059
72,664
9,988
22,907
46,312
2,747
5,061
4,459
22,813
3,020
49,012
6,358
3,600
141,663
16,741)
(135,633)
(4,200>
(416,010)
{2,080)
{38.205)
410,617
5,000
7,651
7,651
Pro'ects
Shopmobility - General fund
Shopmobility - Charitable and other funds
Subtotal - Shopmobility
394. 301
646. 021 (696, 922)
343, 400
23.614
(18,731)
53,462
53.462
50,724
(50, 724)
20,876
(15,993)
Total Projects
18,731
375.570
53,462
699. 483
50, 724
(747,646)
15,993
327,407
14
Government grants
I ncome from government contractlgrants comprises performance related contracvgrants by the local authority to
fLind the core activities and projects during the year. Revenue funding from the council amounted to £697,095
(2024'.£576,4321 Cash paid to Southampton City Council amounted to £9,037 {2024'. £10,831) Balances
included in debtors are £208,866 {2024. £120.406) & creditors are £53 {2024.. £nil).
15
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.
22

Southampton Voluntary Services
Notes to the f4inan¢ial Statements for tlie )'ear ended 31 _march 2025
16
Reconciliation of net movement in funds to the net cash flow from operating activities
2025
2024
Net Movement in funds
135.197
150,4661
26,527
Add back depreciation charge
Less Investment income
26,527
(33,810}
123,829}
Pension Movement
Decreasel{Increase) in debtors
{Decrease>llncrease in creditors
(73.058)
(40,754)
(44,809)
<15,101)
Net cash used in operating activities
14,102
107,678
17
Financial Instruments
2025
2024
Financial assets
Financial assets that are measured at amrtised cost
1.369,905
1,248,935
Financial liabilities
Financial liabilities measured at amortised cost
29,689
18
Prior year income & expenditure
Unrestrtcted Restricted
Funds
Funds
Total
Funds
2024
Total Income
42,931
699,483
742,414
Total Expenditure
45,234
747,646
792,880
23