LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE {A company limited by guarantee) Registered Company Number: 03503128 Charlty Commissi¢)n Registered Number. 1069356 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
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LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Company Information Board of Trusteeslcompany Directors: J.C. Lalham (Chair) S. Holdaway {Ve Chair) P.J. Bateson A. Coxall O. Cunningham- app)inted 5 October 2023 J.A. Ellis S. Hall A. Sedgwick- app)inted 5 October 2023 H. Wnght- apF()inted 5 Octoter 2023 G. Darby - resmjned 5 June 2023 D. Holland - $ned 29 August 2023 A. Humphreys- resigned 17 July 2023 W. Moore- resoned 28 August 2023 Chief Executive Officer: D.G. Fannin - 31 March 2024 B.R. Rollett- apFointed 1 April 2024 Company Secretary: D.G. Fannin - left 31 March 2024 B. R. Rollett- apFointed 1 April 2024 Registered Office.. Municipal Buildings West Street Boston Lincolnshire PE12 8QR Auditor.. Heather Bright FCA, CTA Moore Thompson Bank House, Broad Street Spalding Lincolnshire PE111TB Bankers.. Unity Trust Bank PIC 4 Brindley Plxe Bimingham BI 2JB
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Annual Report of the Board of Trustees for the year ended 31 March 2024 The Trustees (who are also the Directors for the purp)ses of company law) present their annual report arsd the audited financial statemenls of Lincolnshire Community and Voluntary servi (the charity). In so doing, the Trustees have adopted the provisions of Ihe Statement of Recommended Practice {SORP} °Accounling and Reporting by Chanlies. which requires the Direclors lo.. selecl suitable accounting p)licies and apply ItEm consistently obsetve the methods and prilpleS in the Charities SORP make judgements and estimates that are reasonable and prudent slate whether applicable UK Accounling Standards have been followed, subject to any material departures disclosed and explained in the financial statements prepare the financia5 slatements on the going cx)nrn basis unless it is inappropriate to presume that the charilable company y11 continue in operation. The applicable OUntIng standards have been followed and Ihe Directors are salisfied that Ihe accounls give a true and fair view of the financial situation of the company for the year under review. The Trustees recojnise that they are responsible for keeping adequate accounting records Ihal disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply th the Companies Act 2006. They are also resFonsible for safeguarding the assels of the charitable company and for taking reasonable steps for the prevention and deteCn of fra and other irregularities. In so far as the Tnjstees are aware: there is no relevant audit infomialion of which the char[tab company's auditor is unaware., and the Truslees have taken all steps thal Ihey ought to have taken to make themselves aware of any relevant atMIrt infomalion and to establish that the auditor is aware of that information. Structure, Govemance and Management How the charity is constituted The charity was registered as a charilable company limrted by guarantee on 3 February 1998, chanty numkr 1069356, company number 3503128, and its Memorandum and Articles of Association are ils principle goveming document. The company was formed as Boston District Council for Voluniary Se {CVS) and became South Lincolnshire CVS on 31 Octoter 2006. A further change was approved on 15 March 201110 bring East Lindsey into its area of benefit. The change of name lo Lincolnshire Community and Voluntary SeNice {LCVSI was agreed by the membership al the Annual General Meeting hekj on l November 2011. The goveming bjdy of the Charity is its toard of tnjsteesldirectors. Recruitment and appointment of new trustees The Articles of ASs(latIon state that the number of trustees shall be no more than15 and no fewer than 5. Trustee vacancies are advertised on our websrte and s¢xi21 m8Jia and iargeled recruitment is used lo promote board diversity and ensure that it has the appropriate balan of skills, knowledge and experience to fulfil ils dulles and responsibilities and oversee the charitys activities. Prospective new trustees are invited lo attend a tx)ard meeting kfore they confirm their interest. New Iruslees are elected by the exisling bjard members and appointment is confirmed al the next annual general meeting. All new truStS are offed induction, training and support lo enable them to fu11 their duties. The board has 9 tnjstees registered as of 31 March 2024. Organisational structure The Chief Executive is the chief offir and head of paKI service al is apFointed by the trustees. The Chief Executive is supported by a management leam of senior offters who represent the organisation's core areas of activity,. these being community development and volunteering, gxial prescribing and ntral support servIs. All paid staff and LCVS volunteers are managed direclly by a senior offIr aThJ alig lo our core purpose and core areas of activity.
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE The staff stnKture has continued to expand largely due lo ongoing Partnet5hip WDrk, aligning our organisation wilh VCS,. sc¢ial prescribing and investment in digilal maturity and has deepened to support the Senior Leadership and Management Team. Our fccus is on getb'ng the balae right betsn delivering high quality impactful ServIS and offering prudent tEst value. The organisational stnjclure is flexible and 4ile vthen cirCunlanceS require it. Changes over the last year have anticipated, and lo some extent responded lo, govemmenl Folicy on levelling up and working with local authorities lo support l(xal people and cornmunrties as we continue to emerge from the Covid-19 pandemic and deal with our communty's cost of living issues. How decisions are made The Board of Trustees approves the annual budget arvj bLsiness plan for the chanty and sets overall policy, slralegic direction and high-level ObltIves. It r1VeS reMmendatIonS from ils established sub-committees and the ChEf Executive on matters that have sn[ficant strategic. OFerational and finala1 implications. Day-tfrday management of the charity is delegated to the Ckief Executive by the Trustees. The Chf Executive is accountable lo the Chairman and Board of Tnjslees on stralegic and OFeratnal decisK)n-making. Delegated authority is reserved to the Chief Executive to manage income and expendtlure, establish new budget classes, aulhorise virements ¥ross budget classes aThJ on all other operalional financial decisions. The Board has two standing SUmMitt$, ¥thich are Finance & Govemance and Policy & Prti. Both have developed theirtems of reference in the last year to strengthen decision-making and gOVeanCe. The Board may from lime-to-time establish task govemance and ovetsbJhl groups to review Specif matters, advise on policy and use of resources and provide dirlI0n on any other issues tial atise including, as neSsary, invesligalory and appeals panels, 'Link Itees, deepen insh1 into the core seryices and strengthen govemance support foi senior officers. Wider networks and affiliations The charily is rooted filY in ils local communilEs and has a dP sense of pl. 11 is Ihe accredited Volunteer Centre operator in the LCVS area of benefit and works in parts)ership wth Volunlary Cenlre Services (VCSI to provide countywide coverage of these services through a ccFproduction Serv agreement wth Lincolnshire County cou11. LCVS is a partner in the Integrated Care System and a large provider of social prescribing link worker services in Lincolnshire. We work in partnership yth VCS and collatM)rate regularly on pro1tS which require mutually supp)rtive working and countywide reach. The charity is a member of two national LKdies". the National Asscciation for Voluntary and Community Action {NAVCAI, the national membership tK)dy for k)cal volunlary sector supp)rt and development organisations in England, and the Natnal Council for Voluntsry Organisalions INCVOI which champions volunteering and volUntr involving organisations. LCVS is a founding member of Involving Lincs. the umbrella forum for volunlary and o)mmunity leadership and advocacy in the county and the Lincolnshire Voluntary EngaJEment Team ILVET); a colltIVe of slrategic-minded voluntary sector organisalions wth an interest promoting [laborative cross-sector working on health and wellbeing within the Integral&l Care System in Lincolnshire. Risk management The major risks lo lch the chaiity is exrK)sed are Klentffied by the trard in ts strategic risk register. Major risks are kept under regular VIeW and systems and procedures are eslablished lo manage them. The board is satisfied that the policy adopted in res1 of tisk expM)sure is sufficient lo miligale the imp of all but the most severe circumstances. The Chief Executive and nior leadership team maintsins a register of OFerational risks. Insuran policies cover possible losses, damage or other liabilibes. The tK)ard supp)rt> outsourcing of key prOfeSsnal SerVS to ensure systems and polictes are robust and proFetly maintain&J so that major risks are mth'galed so far as is reasonably
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE possible. Mechanisms are in place to review the income aThJ expenditure of the charity regulady and robustEy and ensure prudent management of the charity's financial SourCes. The board has keeps governance under review lo ensure that, as the risk f&tors change, the Irustees are able lo identty Strateg risks and fu11 their duties and nSIbilities. Objectives and Activities Objectives The core purpose of the charity is to promote any charitable purFoses for the benefit of the community in the south and easl of Lincolnshire, lo protect health and wellbeing and to organise co-operalion in achievement of these purposes. LCVS is the Lccal Infrastructure Organisation for Lincolnshire, rooted in our communities and our core purpose is: 1. Leadetship and advcc 2. Partnerships and collab)ratKJns 3. Capacity building 4. Volunteering The charity s aims are to.. provide practical supp)rt to secure resour, build community capacity and boost resilien bring Feople together lo have a stronger voice and infiuence and raise aspiration connect local voluntary and communty organisalions wlh strategic and system partners encourage and nurture volunteering opp)rtuntlies and generale expectations and cultures in which volunteering can thrive enable peop to conlribute lo and benefrt from growth collaborate wth partners to wider deteThinants of health and VlIk1ng The charity's objects'ves are set out in its Business Strategy which are to: Put people first. Deliver qualrty serVe$ and excellent outcorTES, Build resilience and financial stability- The strategies and activities are desvJned to achieve this and to deliver it through partnership and collaboration. We have taken steps to understsnd and act on opportunrties to broajen the charity's business model and strategy for sustainabilty, iluding new income generating opportuntbes. In setting the charitls objectives 2nd planning for &tivtlEs, the trustees have given due consideration to general guidance published by the Charity Commission relating to kMJblic tenefit and have put in place policies to support its objects, promote equality and diversity and ensure that and informatM)n given is impartial, independent and confidential. Significant activities In 2023-24 our &tivities focused on mobilising and encj[aglng communty action, strengthening our seGlof s voice and Influen on decision-makers and funders. We provid&J practal supp)rl for local pg)ple arKI 0rganisa1ns, partUladY to help those that fa Ihe greatest barriers lo break through or get around them. We enabled ne1vrkS of local organisations to raise skills aThJ confidence and build resilien. We V•Drked with partners to help foster an environment in vthich people and communities thrive and volunteering opportunities are nurtured and supported. We worked with the University of Lincoln to SUPFOrt student pl3MentS and engage in local research and with Boston College to support LCVS apprentices and develop our'young leaders inlo govemance. programme. The main programmes, projects and setvices provided a OLrtlined in the Statement of Financial Activities. LCVS provided essential advice, support, Iraining and volunteer centre serwces lo hundreds of local charities and community groups. We worked closely with the Integrated Care System to deliver social prescribing as an enabler of integrated working for health and well-being. The charity provided a Vol for the seclor and made a significant
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE difference to individuals and local community groups by building confidence, resilience and capacity, promots'ng health and wellbeing and securing vital funding, volunteers and other reSoUs. Significant activities included.. 1. Supporting volunteering and community development activity. 2. Further developing social prescribing across Primary Care Networks and mental health integrated place-based teams. 3. Securing the funding and resources to sustain non-core funded project legacy where this had demonslraled positive outcomes and ongoing need. 4. Being an effective and valued strategic partner and engaging in leadership and advocacy in collaborative forums such as the Lincolnshire Voluntary Engagement Team, Involving Lincs, various advisory groups of the South and East Lincolnshire Councils Partnership, Boston Town Deal Board, Lincolnshire Community Mental Health Programme Oversight Group, the NHS Digital Data and Technology Board and Theddlelhorpe Community Partnership. 5, Securing funding to deliver services and projects to meet community needs including the Placelalk, Carers Pipeline and the Community Transport projects. Achievements and Perfomiance We made steady progress in how we are performing against our strategic goals and delivered against largels sel for local government core grant funded activities and projects funded by Government, NHS commissioners and grant makers that are listed in the notes to the Statement of Financial Accounts. Through our community development and volunteering support activities LCVS., Registered and promoted 380 volunteer roles for volunteer involving organisalions. Supported 1,252 people to volunteer in a variety of different volunteering roles and aclivilies. Delivered 7 funding workshops over the year and supported 78 community groups and organisalions to become funding ready. Delivered 10 volunteer management workshops over the year supporting over 50 volunleef involving organisalions. Supported over 400 community groups and organisalions with capacity building Delivered 26 voluntary sector lorums providing advi and information on a number of topics. The real achievements were around the outcomes of these aclivilies. We supported local groups and organisations to secure over £250,OCKJ of funding to develop and deliver their valuable services. On average we processed two DBS checks every working day which means over 500 people were cleared to volunteer. The majority of volunteers were aged 19-25 or over 55, one quarter were aged 3044. The top four reasons for volunteering included increasing chances of paid employment, giving something back to the community, improving skills and knowledge and building self<onfidence. We achieved Silver Slalus in the Defence Employer Recognition Scheme for our support for Forces, veterans and their families through our activities and recruilmenl and employment practices. Our Social Prescribing seNice continued lo grow and we supported 3,450 people to overcome personal barriers and challenges lo access community based support and improve their health and we11being. The service achieved a variety of outcomes with participants reporting improved mental and physical health, feeling more in control, being more active within their community, accessing work or volunteering and needing to access NHS support less frequently. Plans for the Future In August 2023, the LCVS Board of Trustees agreed to enter a formal Partnership arrangement with Voluntary Centre Services {VCS) under a federated arrangement and operate under a jointly apwinled chief executive and senior leadership team.
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE The Partnership model enSUS both organisations retain their current Memorandum and Articles of Association, Charity Commission and Company House registrations and maintain separate Boards of Trustees, thereby retaining individual sovereignty and independence of decision-making and governing body status whilst collaborating on policy, financial and workforce planning. The joint Chief Executive was appointed in January 2024 with the foThal partnership and joinl Senior Leadership and Management Team commencing on the 1st April 2024, LCVS and VCS have collaborated over many years on strategic and operational matters of shared importance. Through a process of reflection and joint consideration both Boards of Trustees recognise the benefits of further broadening and deepening our collaboration and future management arrangements, to continue to deliver strong, evidenced social and economic value and address common challenges and opportunities al county and local level. Lincolnshire County Council and three of our four district local authorities have commilled to continue core grant funding in 2024-25. LCVS anticipates Ihal this will continue beyond March 2025 as part of ongoing strategic partnership commitments, We are actively working with the county and district local authorities to develop our 'Thriving Communities Ilnclusive Growth}, programme and plans for levelling up. We have increased the level of community development and volunteering &tivity on the coast through projects funded by the Theddlelhorpe Community Investment Fund and the UK Shar&J Prospenly Fund. We are pleased that we remain as the preferred supplier of Social Prescribing Link Worker services in Lincolnshire and are now conlracled for 2024-25 through the Provider Selection Regime followng a comprehensive procurement process. LCVS will continue ils collaboralion with VCS on social prescribing lo develop the service in partnership with the Inlegraled Care System programme teams that are leading the development of health and care integration and Population Health Management. The focus for future social prescribing activity will continue to underpin effective integration with Primary Care Networks and Inlegraled Place Based Teams, Measuring impact and retum on investment are more important than ever, In 2024 we will implement a new community data management syslem, and this will be a focus for further development of capacity for data analysis an impact measurement. We will continue to invest lo ensure we have the skills, knowledge and capability to capture business critical data and insight. We will continue lo develop collaboration and consortium working with our strategic partners and promote LCVS as the preferred provider for volunteering, community development and wellbeing services. We will invest in communications and marketing capability lo ensure we are better able lo articulate our performance and achievements and promote our work lo key Gommissionets and other funders. The charity will continue lo fuS on ils core functions and added value activities, fosler relationships with local government and health and care commissioners and seek opportunities to increase income generation and diversify activities thal further our mission and vision and are consistent with the organisation's charitable objects. Flnanclal Revlew The reserves of the charity at 31 March 2024 are £455,502 of which £26,309 are restricted. Cuffenl assets less current liabilities are £441,695 with the remainder of reserves of £13,807 being made up of fixed assets, The cash balance increased from £789,787 10 £946,363. The available free reserves, or Unrestricted Funds, increased resulting in a closing balance of £429,193. ReseNes Policy Restricted reserves are monitored to ensure that the balan of funds held against defined outcomes and budget classes is sufficient to meet restricted liability. Free reserves include the charity's unrestricled funds Ihal are freely available to spend on any of the charity's purposes. Our policy is lo ensure we have a minimum level of free reserve lo cover potential loss of income and, in extremis, to shut down some or all of our functions. The balance of free reserves is designated to enable us to invest in developing the charity's resilience (people and systems) and strategy for sustainability. The charity's reserves may be spent on any of its objectives and lo make sure the charity can m*1 ils financial commitments.
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE The Board of Trustees has examined the charity's requirement for reserves in light of Ihe major risks lo the organisation and ils wider responsibility to the sector as the local infrastructure organisation. The charity has a long-standing policy whereby unrestricted funds not commilled to or invested in tangible assets held by the charity should not be less than six months of the expenditure including provision for 'wind-down' and staff redundancy in the event of reduced funds. This is a prudent contingency against the charity's legal and contractual obligations. The board will keep this under review and designate its free reserves accordingly. The charity's going concern basis must be judged on funding levels to 31 March 2024, which are secured, and ongoing strategic partnership with the county and district councils which has underpinned our core services for many years, LCVS has consislenlly demonstrated that il can bring in new funding in the form of collaborations, projects and commissions and generate income from ils own activities. LCVS will continue to ensure plans are in pla to do so and lo operate as a going concem. The Trustees are satisfied with the plans in place lo create financial headroom and support the financial situation within which the charity is operating, They are confident that the organisalion will continue lo adapt, grow and provide invaluable community and person-focused services for the foreseeable future. Prlnclpal fundlng sources Principal funding sources and expenditure in the year ending 31 March 2024, make up our Statement of Financial Activities and are set out in detail on pages 13 & 14. The cash flow of the charity is shown on page 15 and the notes contained within pages 1610 26 provide further clarification. Mosl of the income lo the charity is derived from local authority grants, including county and district councils, to support our work as the local Infrastructu organisalion and accredited volunteer centre operator, and the NHS Additional Role Reimbursement Scheme and Lincolnshire Partnership Foundation Trust lo deliver social prescribing services. The balan comprises grant income for projects that support the key objectives of the charity, plus charitable donations and income generated through DBS checking for volunteer involving organisalions and private businesses. Dlsclosure of Informatlon to Audltor8 We, the Directors of the charitable company who held office at the dale of approval of these Financi81 Statements as sel out above each confirm, so fai as we are aware, that., There is no relevant audit infomialion of which the company's auditors are unaware,. and We have taken all the steps that we ought lo have taken as Directors in order to make ourselves aware of any relevant audit Information and to establish that the company's auditors are aware of that infomialion. Exemption Statement The report of the Board of Trustees has been prepared in 1rdance with the special provisions of Part15 of the Companies Act 2006 relating lo small companies. In approving the Twstees, Annual Report, we also approve the Strategic Report included therein, in our capacity as company Directors. BY ORDER OF THE BOARD J.C. Latham Trustee Dated. X2 8£4
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Independent Audltors Report to the Members of Lincolnshire Community and Voluntary Service Opinion We have audited the financial slalements of Lincolnshire Community and Voluntary serVe Limited for the year ended 31 March 2024 which comprise the Statement of Financial Aclivilies, the Balance Sheet, the Cash Flow Statement and the related notes, including significant accounling wlicies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice), In our opinion the financial stalemenls.. give a true and fair review of the slate of the company's affairs as al 31 March 2024 and of its incoming resources and application of resources, including ils income and expenditure for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted AGGounling Practice., have been prepared in accordance with the requirements of the Companies Act 20C6. Basls for oplnlon We conducted our audil in accordance with International Standards on Auditing IUK} IISAS {UK)) and applicable law. Our responsibilities under those standards are further descrited in the audiloff s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant lo our audit of the financial slalemenls in Ihe UK, including the FRC'S Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclu8lons relating to golng concern In auditing the financial statements, we have concluded that the Trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubl on the charitable company's ability lo continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibililies and the responsibilities of the Trustees with respect lo going concem are described in the relevant sections of this report. Other Informatlon The other infomalion comprises the information included in the TnJstees' annual report, other than the financial statements and our auditor's report Ihereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly slated in our rewrt, we do not express any form of assuran conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other infomiation is materially inconsislenl with the financial statements, or our knowledge obtained in the course of Ihe audit or olhemise appears lo te materially misslaled. If we identify such material inconsistencies or apparent material misslalements, we are required lo detemiine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to rewrt in this regard.
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the infomiation given in the Trustees, annual report for the financial yearfor which the financial statements are prepared is consistent with the financial statements,. and the Trustees, annual report has been prepared in accordance with applicable legal requirements. Matters on vthich we are required to report by exception In the light of the knoedge and understanding of the company and its environment obtained in Ihe course of the audit, we have not identified material misstatements in the Trustees, annual report. We have nothing to report in respect of the following matters in relation lo which the Companies Act 2006 requires us lo pOrt lo you if, in our opinion.. adequate accounting records have not been kepl, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreements with the accounting records and returns,. or certain disclosures of Trustees, remuneration specified by law are not made., or we have not received all the information and explanation we require for our audit., or the Trustees were not entitled lo prepare the finaricial statements in accordance vith the small companies, regime and take advantage of the small companies, exemptions in preparing the Trustees annual report and from the requirement lo prepare a strategic rewrt. Responsibilities of the Trustees As explained more fully in the Truslees, responsibilities statement, Ihe Trustees are responsible for the preparation of the financial statements and for being satisfied Ihal they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable Ihe preparation of financial slalements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's abilily to continue as a going concem, disclosing, as applicable, matters related to going concem and using the going concem basis of accounting unless the Trustees either intend lo liquidate the company or lo cease operations, or have no realistic allemative bul to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misstalemenl, whether due lo fraud or error, and lo issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instanS of nononmpliance with laws and regulations. We design ProdureS in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent lo which our prCedureS are capable of delecling irtegulartlies, including fraud is detailed below.. the responsible individual ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations during the course of the audit, we idenlrfied the laws and regulations applicable lo the charitable company through discussions with Directors and other management, and from our commercial knowledge and experience of the client Trustees, sector,. 10
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE we focused on specffic laws and regulations vthich we considered may have a direct material effect on the financial statements or the operab'ons ofthe charitable company. we assessed the extent of compliance with the laws and regulats'ons idents'fied above through making enquiries of management arKI inspecbng legal corresponden. We assessed the susceptibiltyoflhe charitsble companls finanaal statements to material misstatement, including obtaining an understanding of how fraud might occur, by: making enquiries of management as to where they a)ns*Jered there was susceptibility to fraud, their knowledge of aCal, suspeded and aled fraud; considering the intemal controls in place to mibgate risks of fraud and non<ompliance with laws and regulations. detsiled substantive testing a1 vouchiNJ of invoices. To address the risk of fraud through management bias and override of controls, we: performed anatytical procedures to Klenlfy any unusual or unexpected transactions., investigated th8 rationale b8hind sbgnificant or unusual transacts'ons. In response to the risk of irregularthes and non<1)Mlanc wth laws arKI reguktions, designed procedures which included. but were not limited to: agreeing financial statement disdosures to uTrYetyng supporting documentation. enquiring of management as to actual and potential litsgation and daims; reviewing correspondence with funders and the Charity Commission. reviewing legal and professional fees for any indicators. reviews of news publications for any indicators. Because of Ihe inherent limitatlons of an audrt, there is a risk that we will Th)t detect all irregularities, induding those leading to a matenal misstatement in the financial statements or non<ompliance wth regulation, This risk increases the more that compliance wÉth a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likety to beme aware of instances of non<ompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud invofves intentional concealment, forgery, collusion, omission or misrepresentslj'on. We communicale with those charged wth govemance regarding, among other matters, the planned scope and timing of the audit and sKJnific4nt audrt findings, inclLMlirvJ any s&nfficant defiaencies in intemal control that we identify during our audtL A further description of our resryjnsibilities is available on the Financial ReportirKJ Council's website at: htt s.'11V.frC.o .uklOur-WorklAudiUAudit-and-assurancelStsndards-and uidancelstsndards-and uidance- for-auditorslAuditor5-re5 nsibilities-for-audiuDescri tl0nf-aud1torSS onsibilrties-for-audit.as This description forms part of our auditorfs report. Use of our report This report is made solety to the charitable companls memLErs, as a body. in accordano with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable companls members and Trustees those matters we are required to stste to them in an auditorfs report and for no other purpose. To the fullest extent peitted by kiw, we do not arLept or assume resp)nsibility to anyone other than the charitable company and the charitable companls members as a bcxjy and its Trustees as a t(rtty, for our audit work, for this repjrt, or for the opinions we have fomEd.
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Heather Bright IFCAI (Senior Ststutory Auditor) Date.. Zi. 1/. 61 For and on behalf of Moore Thompson Chartered Accountant & ststulory Auditor Bank House Broad Street Spalding PE111TB 12
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Statement of Financial Activity (including Income and Expenditure account) for the year ended 31 March 2024 2024 Unrestricted Funds 2024 Restricted Funds Notes Total 2023 Tolal Income from: Donations and grants receivable: Donations Grants re1vable 22 720 720 93,0 16,867 95,293 93,lJJ) Investments.. Interest receivab 2,574 2,574 922 Incoming resources from charitab activities 163,617 1,275,789 1,439,4{ 1,365,941 Total Income 259.191 1,276,509 1535,7( 1,479,023 Expendlture on: Charitable activities 206,251 1,276,9)9 1,482,760 1,497,620 Total expendllure 206,251 1,276,509 1,482,760 1,497,620 Net Incomel(expendlture) 52,940 52,940 118,597) Fund balances brought forward 18&19 376,253 26.309 402,562 421,159 Transfers between funds 18&19 Fund balancu ¢arrled forward 18&19 429 193 26,309 455,502 402 562 All income and expenditure derive from continuing &liwties. The statement of financial tIvitIeS iKludes all gans and losses recc#3nised during the year. The notes on pages 16 to 26 form part of these financial statements. 13
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Balance Sheet for the year ended 31 March 2024 2024 2023 Notes Flxed assets Tangible fixed assets 14 13,807 17,375 Current assets Debtors Cash at bank and in hand 15 30,256 946,363 976,619 305,826 789,787 1,095,613 Creditors: Amounts falling due wthin one year 16 534,924 710,426 Net cuffent assets 441,695 385,187 Total assets less current liabilities 455,502 402,562 Income funds Unreslricled funds Restricted funds 18 19 429,193 26,309 376,253 26,309 455,502 402,562 The financial slalements were approv&J and authorised for issue by the Board on I Nj£&JGM knzLtr Signed on khalf of Ihe board of TTUSIS J.C. Latham, Trustee P.J. Bateson. TrLL8t Company gistratIon number.. 03503128 The notes on pages 1610 26 fomi part of these financk41 statements. 14
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Statement of Cash Flows for the year ended 31 March 2024 Total Funds Total Funds 2024 2023 Notes Cash flows from operating activities: Net cash provided by (used in} operating activities Cash flows from investing activities: Dividends, interest and rents from investments Proceeds from the sale of property, plant and equipmenl Purchase of property, plant and equipment 155,036 49,496 2,574 922 14 {1,034) Net cash provided by (used in) investing actlvities 1,540 922 Net cash provided by (used in) financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period 156,576 789,787 946,363 (48,574} 838,361 789,787 Reconciliation of net incomel{expenditure) to net cash flow from operating activities 2024 2023 Nel income Ilexpenditurel for the reporting period (as per the statement of financial activities) Adjustments for: Depreciation charges IGainslAosses on investments Dividends, interest and rents from investments Lossllprofitl on sale of fixed assets {Increaselldecrease in slocks {IncreaselIdecase in debtors Increasel{decrease) in creditors Net cash provided by (used in) operating activities 52,940 {18,5971 14 4,602 5,792 12,574) {9221 14 275,570 {175,502) 155,036 {257,2991 221,530 (49,496) 15
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Notes to the Financial Statements for the year ended 31 March 2024 1. Accounting Policies General Information Lincolnshire Communrty and Voluntary Service is a company limited by guarantee registered in England and Wales. The address of the registered office of the charity is given in the charity information on page 1 of these financial statements. Basis of Preparation of Financial Ststements The charity constitutes a public benefrt entity as defined by FRS102. 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 (FRS 1021 issued in October 2019, the Financial Reporting Standard applicable in United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice. The financial statements are prepared on a going concern basis under the historical cost convention, modrfied to include certain items al fair value. The financial statements are presented in sterling which is the functional currency of the charity. The signfficanl accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Going Concern The financial statements have been prepared on a going concern basis as the Trustees telieve that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for the next 12 months from the dale of authorisation of these financial statements. The budgeted income and expenditure is sufficient, with the level of reserves lo enable the charity to continue as a going conrn. Taxation The charity is an exempt charity wilhin the meaning of schedule 3 of the Charities Act 2011 and is considered lo pass the tests set out in paragraph 1 schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other factors, including expectalions of future events that are believed to be reasonable under the circumstances. The following judgements and estimates have been made in the process of applying the above accounting policies that have the most significant effect on the amounts recognised in the financial statements. Tangible Fixed Assets - In order to calculate depreciation, an estimate must be made of the useful economic life of each asset along with an estimate of the sIdUal value of the assel a Ihe end of that lime based on prices prevailing at the balance sheet date. Accrued and Deferred Income - Several of the grants receivable span periods that cover each year end, the result of which has meant that income has needed to be accrued or deferred as necessary. Details for both of these items are included within the accounting policies below. Income Recognition 16
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE All income is recognised in the statement of financial activities when the charity is legally entitled to the income after any perfomance conditions have been met, the amount can k measured reliably, and it is probable that the income will be reived. Grants are recognised in Ihe statement of finarria activities when the conditions for receipt have been met. Inveslmenl income is xcounted for in the Fericé in whh the charity is entitled to receipt. Donations and all receipts from charitsble activib'es are rep)rted gross and are accounted for on a re1Vable basis. Income may be received in advan or on a defrayed basis from grantors. Where a project is time related i.e. to deliver support over a 12 month reriod, the income is recognised over that lime perichl in the accounts, therefore rf it is rtteived at the Winning of a project the income is deferred across the peric#J of time to which the project relates. If the income is relaled to specrfic outcomes, i.e. to deliver a specif number of workshops over a 12 month period. the irKome is recogniwj in the accounts when the outcomes are achieved. Expendlture Recognition All expenditure is accounted for on an rualS basis and has been classrfied under headings that aggregate all costs relaled to the category. Expenditure is rec£gnised bthere there is a legal or constructive obligation lo make paymenls to third parties, it is probable Ihal the settlement will be required and Ihe amount of the obligation can be measured reliably. Irrecoverable VAT is Charg as an expense against the acb'vity for thich exFenditure arose. Costs directly attributab lo a project have en alICted to that project. Other non-allocable costs such as salaried employees and other fixed nature 0[heJ$ have been realthated on the basis of a management charge. Granls payable to third partEs are within the charitable Obl11¥eS. Where unconditional granls are offered, this is accrued as sc(Jn as the recipient is notrfied of the grant, as this gives rise lo a reasonable expectstion that the recipient wll receive the grants. Operatlng Lease8 Rental costs under OFeraling kases are charged to the Slalemenl of Financial Activities on a straight Ilne basis over the term of the lease with any lease 'h)IKlay' penod being cOnsered wthin the payments report. Depreclatlon Cpreciation is cakulaied to write down the cost, less eslimaled residua value, of all langible fixed assets over their exFected useful lives. The raks generally appluble are.. Equipment and fittings.. 25% reducing balance The carying values of tangible fixed assels are reviewed for impaimienl annually by the Trusteesl Directors without revaluing the assets. Where the aggregate value of Ihose assets is less than the aggregate that they are stated in the chanty's oUntS, a proVisn vill te maje for material impainnent. Fixed A888ts Fixed assets are included at cosl, less uMulated depreciation. Debtors and Credllors receivablel payable wfthln one year Debtors and creditors with no staled interest rate and r&eivable or payable wthin one year are recorded at trans*ion price. Any losses arising from impairmenl are recognised in expenditure. Restricted Funds 17
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Restricted funds can only be used for the swrfic PUTFx)ses wthin the objects of the charity. Restrictions arise when specrfied by the donor or when funds are raised for particular reslricled purposes. Expenditure which complFes wrth these criteria is identified to the fund. Unrestricted Funds Unrestricted funds are donations or other income received or generated for the objectives of the charity, wilhoul further spectfied purposes. This income is available as general funds. Designated Reserves are those reserves which have been set aside from Unrestricted Funds for a SFEcrfic future purtx>se or project. Donated Goods, Services and Assets Donated gcojs, servtces and assets are rErcgnised at their fair value. Gifts in Kind Donated go&Js, f&ililies and serViS are rec(yJnised as income in the statement of financial activities when the following Criteria a met.. Entitlement.. Control over the expect noMiC benefits that flow from the donation has passed lo the chanty and any perf0mlan conditions att&hed to the donation have b*n fully mel. Probable.. It is more likely than not thal the economic tenefits asKtialed with the donat rtem will flow to the charity. Measurement.. The fair value orvalue to the charity of the donated item can be measured reliably. Contribution to Pension Funds When employees have rendered Servi to the charity, short-temi employee benefits to which the employees are entitled are recognised at the undiscounted amount eXled to be paid in exchange for that service. The company operates a defined contribution pension sctEme for the tenefit of the employees. The pension costs charged againsl proffls represent the amount of contributions payable to the scheme in respect of the accounting peric4J. Tennination Payments Termination payments a made when a po becomes redundant or when a compromise agreement is reached with an employee. These payments are funded from reserves. Provisions Provisions are rOgnISed wIn the chanty has an obligation at the balan sheet date as a result of a past event, il is probable that an oufflowofeconomic tenefrts will be qUired in settlement and the amount can be reliably estimated. Liabilty of the members The charity is limtled by guatanlee. In the event ofthe charity being VUnd up, the liability ofthe memtsers is limiled lo £1. 18
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE 2. Grants Receivable 2024 2024 Unreslricted Restricted Fund5 Funds Total 2023 Total Local Authority Inslrtulional I Charitable grants 237,5 237,005 1.275,789 239,298 1,197,344 1,275,789 237,W5 1,275,789 1,512,794 1,436,642 Incoming resources from generated funds Incoming resources from charitable activities 93,( 93,000 95,293 144,lJ)5 1.275,789 1,419,794 1,341,349 237,005 1,275,789 1,512,794 1,436,642 3. Incoming resources from Charitsble Activities 2024 Unrestricted Fund8 2024 Re8trl¢ted Funds Total 2023 Total Grants receivable Other management and servKe charges Recharge of organisalional purchases and other services Client Services ApprenticelKickstart Incentives DBS checks Other Note 2 144,005 1,754 1.275.789 1,419,794 1,754 1,341,349 1,166 2,880 6,1 1,5 9,9bX) 268 6,100 1,500 9,990 268 5,250 12,218 3,078 163.617 1,275,789 1,439,4C6 1365 941 19
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE 4. Analysis of Restricted Income between Activities 2024 Grants 2024 Activities Total 2023 Totsl Anglian Water- Saving Waler BBC Community Champions Youth Ambassadors BBC Empowering Healthy Communities Boston Big Local Boston Big Local - Wyberton Wombles Building Belter Opportunities - Move Carers Pipeline CIP Community Infomation Points COPD DTIP CRM Easl Coast Community Fund East Lindsey Youth Persons Forum Governance Support Boston Health Inequalities Shine Community Asset Development- Hoarding Project Shine Community Assel Development- Naturehood Project Multi Maths NHS Frontline Digitisation Next Steps Dual Diagnosis Placetalk Social Prescribing - Mental Health Social Prescribing - Primary Care Network 5,000 10,000 19,260 15,000 19,260 15,000 15,000 666 41,706 12,842 12,842 7,326 1,216 1,392 79,662 19,851 1,392 79,662 19,851 5,089 3,300 2,833 6,000 3,300 18,867 3,300 18,867 916 916 7,796 5,925 123,818 40,106 64,668 64,894 26,421 578,638 370,078 64,668 64,894 26,421 578,638 370,078 465,473 460,686 1275 789 1275,789 20
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE 5. Charitable Activities 2024 2024 Unrestricted Restricted Funds Funds Total 2023 Tolal Human resources Staff costs Training costs Staff expenses Volunteers, expenses Facilities Rent and rwm hire Communicalions and softwa costs offi costs and organisational purchases Insurance Miscellaneous Professional fees and advisory Legal and professional fees Membership Fees Activities Publicity and infomiation DBS checks Govemance costs Audit & ACuntancY fees Truslees and Annual General m*tings Finance Bank charges Capital costs DepCiatIon Note11 249,868 2,514 6,787 289 989,373 1,360 26,120 288 1,239,241 3,874 32,907 577 1,266,991 3,432 31,534 1,098 26,188 4,826 43,867 31,014 26,998 6.671 50,538 40,686 4,601 1,923 6,524 5,416 5,661 1,913 5,661 5,320 6,473 23,804 3.407 39,513 9,014 30,342 3,528 69,855 12,542 61,759 7,149 Nole 6 4,371 6,349 2,174 637 6,545 6,986 978 7,503 6,127 174 6,127 174 7,512 227 273 273 268 Note 6 1,017 1,108,862 167,647 1,276,509 4,602 1,482,760 5,792 1,497,620 373,898 167,647 206,251 Reallocation of costs Note 6 1,482,760 1,497,620 Costs directly attributable to a project have teen allctated to thal project. Other costs which cannot be allccated such as salaried employees aThJ otheffixed natlsre OVertaS have been reall¢xated on the basis ofa management charge. 21
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE 6. Analysis of Restricted Expendire between Activities Staff costs, facilities & professional fees Activities & capital Gosts Reallocation of costs Total Asda BBC Empowering Healthy Communities Boslon Big Local Carers Pipeline COPD DTIP CRM East Coast Community Fund Governance Support Boston Health Inequalities LCC-CAD- Naturehood Project NHS- Frontline Digilisalion Next Steps Dual Diagnosis Placelalk Social Prescribir)g- Mental Health Social Prescribing - Primary Care Network 720 19,260 14,980 9,492 1,392 79,662 13,828 3,300 13,200 916 64,668 59,679 18,437 490,781 314,719 720 19,260 15,000 12,842 1,392 79,662 19,851 3,300 18,867 916 64,668 64,894 26,421 578,638 370,078 83 3,267 98 5,925 5,667 215 1,503 1,267 642 5,000 6,481 86,590 54,717 1,105,034 3,828 167 647 1,276,509 7. Board of Trustees Remuneration No member of the Board of Trustees received any remuneration either directly or indirectly. 8. Board of Trustees Expense8 During the year the Trustees received £174 reimbursement of travel exFenses (2023- £227). 9, Board of Trustees Indemnlty Insurance During the year, insurance was purchased to indemnify the Board of Trustees against default on their part amounling lo a cost of £1,562 (2023 - £1 &00). 10. Board of Trustees Donations No unconditional donations were made by Trustees, 11. Employee Emoluments 2024 Total 2023 Total Wages and salaries Social security costs Pension costs Redundancy costs 1,085,782 83,106 56,280 14,073 1,116,844 90,353 59,794 1,239,241 1,266,991 22
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Average number of employees for 2024 was 5012023- 54). No employees received total employee's tenefils {exduding empk)yer Fertsion costs) of rTDre than £60,CM)) 12. Auditors Remuneration 2024 Total 2023 Total Amounts payable to the auditors in resFed of audit serites 5,7(Xl 5,580 5,700 5,580 13. Pensions- Defined Contribution Scheme The company 0rateS a defined contribution pension scheme for the benefft of the employees. The assets of the scheme are administered in a fund indetendenl from those of the company. A total of £56,2801£18,250 Unrestricted & £38,030 Restricted) was contributed to the scheme duriro the year. (2023 - £59,794) 14. Tangible Fixed Assets Equipment and Fittings Cost At 1 April 2023 Additions Disposals 43,457 1,034 At 31 March 2024 44,491 Depreciation Al 1 April 2023 Charge for the year Disposals At 31 March 2024 26,082 4,602 Net book value At 31 March 2024 13,807 At 31 March 2023 17,375 15. Debtors 2024 Totsl 2023 Total Trade debtors Prepayments aThJ accrued ino)me 6,698 23,558 30,256 292,885 12,941 305,826 23
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE 16. Creditors: Amounts falling due within one year 2024 Totsl 2023 Total Trade creditors Other taxes and social secunty Other creditors Accruals and Deferred [rOme 13,995 17,126 24,518 479,285 534,924 13,653 21,372 37,938 637,463 710,426 17. Leases Total future minimum lease payments urKJer nOnrKe1[ab OFerating leases are as follows.. 2024 Total 2023 Total Not later than one year Later than one and not later than five year5 Later than five years 21,803 65,207 5,364 92,374 22,127 65,554 26,820 114,501 18. Unrestricted Funds At1 April Incoming Outgoing Resources Resources 2023 Transfers At31 March 2024 General Fund Designated ReseNes 363,073 13,180 376,253 259,191 (206,2511 416,013 13,180 429,193 259,191 206,251 Unrestricted funding consists of general funjing and funds designated to supkx)rt HR, IT, training and CPD along with SUPFQrting a strategy for sustainabilty. 19. Restricted Funds At 1 April Incoming Outgoing Net At31 2023 Resources Resources Transfers March 2024 Asda BBC Empowering Healthy Communities Boston Big Local Carers Pipeline COPD DTIP CRM East Coast Community Fund Govemance Support Boston Health Inequalrties LCC-CAD - Naturehood Pro11 NHS Frontline Digitisation Next Steps Dual Diagnosis Placetalk Social Prescribing - Mental Health Social Prescribing - Primary Care Network 720 19,260 15,C(K) 12,842 1,392 79,662 19,851 3,3CQ 18,867 916 64,668 64,894 26,421 578,638 370,078 {720) (19,2601 (15,000) (12,842) (1,392) (79,662) 119,851) 13,300) {18,867) (916) {64,668) {64,894) (26,421 } {578,638) {370,078) 26,844 (535) 26,844 1535) 26,309 1,276,509 (1,276,509) 26,309 24
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Asda- Grant to f&ilitale the nature projects at the Pilgrims Patch and Centenary Methodist Church BBC Empowering Healthy Communities . Working with the borough council lo deliver belter outcomes for local communities in Boston, South and East Lincolnshire based on deprivation, health and wellbeing, communily tensions and bcx)sling posl-covid recovery and resilience. Boston Big Local - Building pride in place through facilitating the development of 'nature hood, environmental projects Carers Pipeline- To initiate the care worker micro-social enterprise project primarily in the Mablelhorpe & Theddlelhorpe areas in conjunciion with the National Centre for Rural health and Care INCRHCI and Community Calalysts {CommCatsl. The project is granl funded by the Theddlethorpe Communrty Inveslmenl Fund {TCIF). COPD - Self funding aclivilies to continue the work implemented by the Active Lincolnshire and the Tackling Inequalities Fund to enable people in South Holland living with Chronic Obstructive Pulmonary Disease (COPDI to live full and active lives DTIP CRM- funding lo develop a new Community Relationship Management system ICRMI lo enable the move from Vbase which will work alongside Social RX and other county systems. This is a 5 yr plan that started in 23124 ECCF- Easl Coast Community Funding - A Trusted Volunteer scheme with Boston Borough Council funded by Grantscape to train 120 environment volunteers in the South Holland, East Lindsey and Boston boroughs. This fund ends 30.6.24 Governance Support Boston -working with PCN b)ard members as part of a Govemance Support review to recruit and mentor young people onto the Board. Funding is for 3 years 22123 to 24125 Health Inequalities a project to invesligale and develop a set of recommendations on how the social prescribing can improve health inequalities with largeled communities eg. Famiing & Rural, Coastal, Eastem European as well as temporary residents, travellers and homeless people LCC.CAD. Naturehood Project. working with the SHINE netsvork to provide people wilh severe mental illness the opportunity to leam about and create a 'Nalurehoc*J' nature friendly environment for wildlife in Boston NHS Frontline Digitisation - LCVS has been granted se&J funding from the NHS Unified Technology Fundl NHSX to further develop and implement a robust data management system within Sccial Prescribing Next Steps Dual Diagnosis- Next steps to recovery to support the recovery of people who have C0ccUrrIng mental health challenges alongside Substan misuse. Supporting them towards greater resilience, confidence to better manage challenges currently within Boslon, East Lindsey and Spalding areas. Placetalk- Thriving Community support in conjunction th the Theddlelhorpe Community Partnership via the Nuclear Waste Services to build capacity and promote volunteering enabling as many twple as possible to benefit from and contribute to good quality local ideas, local bids, targeted funding and better outcomes for local people and communilEs. SP-MH. knial Prescribing- Mental Health. LCVS is commissioned by the Lincolnshire Clinical Commissioning Group lo develop social prescribing in the county. This includes employing and managing a team of link workers in the transfomialion of community mental health services via integrated placed based teams. SP.PCN . Social Prescribing - Primary Care Network . LCVS is commissioned by the Lincolnshire Clinical Commissioning Group to develop social prescribing in the county. This includes employing and managing a team of link workers on behalf of Primary Care Netwofks and developing this into a community of prxlice that is trained, informed, supported and connected. 25
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Analysis of net a55ets betn funds Unrestricted funds Restricted funds Total funds Tangible fixed assets Debtors Cash in hand and at bank Creditors 10,757 11,013 503, 95,641 429,193 3,050 19,243 443,299 439,283 26,309 13,807 30,256 946,363 534,924 455,502 20. Deferred Income Balance at 0110412023 Received In Year Recognised vfithin the accounts Balance at 3110312024 ACCDF- Adult Care Community Development Fund BBC - Emwwering HeahY Communities PHP-CIF CIP Funding COPD Welland Homes (Core SH) EL-YEA Youth Engagement Actiwty GS Boston LCC CAD Hoarding Pro11 NHS Frontline Digitisation NS DD Next Steps Dual Diajnosis TC-IN Thriving Communities Nature Hubbub Health Inequalities DTIP CRM LCC CAD Natureh(x)d Carers PiFeline Placetalk SP Mental Health SP Primary Care Nets¥ork 986 15,0 4,261 1,392 31,(KKI 217 6,6(Kl 2,800 64,668 9,894 5.000 (15,CQO) (4,261 } (1,392) (31,000) 31,LKrf) 31,000 217 3,300 2,800 13,3001 {64,6681 (9,894) 5,000 6,000 3,300 164,338 22.167 244,C(rf) 916 (18,867) (79,662) {916) 13,708 23,746 141,547 45,392 13,708 23,579 141,547 45,392 (167) {147,3791 (31,393) 147,379 31,393 587,673 261,393 (407,899) 441,167 21. Controlling Party The charity is controlled by the Board of Trustees and indivNJuals can or do exert control. 22. Donations of Goods, SeNices and Assets The charity received £720 (2023.. £16,e67) of donatK)ns in the year of gcx)ds, se or assets. 23. Related party transactions During the year Lincolnshire Communty and Voluntary se[vi paid £5,923 to Tonic Health for room hire, Spalding office and received £1,031 for ServIS Jrovided. Tonic Health is a related party due to Trustee Henry Wright being their Business Manager. 26
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE 24. Fund Comparatives 2023 Unrestricted Funds 2023 Restricted Funds Total Statement of Financial Actlvlty Income from: Donations and grants receivable.. Donations Grants receivable 15,105 95,293 1,762 16,867 95,293 Investments.. Interest receivable 922 922 Incoming resources from charitable activities 164,001 1,201,940 1,365,941 Total Income 275,321 1,203,702 1,479,023 Expendlture on: Charitable activities 294,204 294,204 1,203,416 1,203,416 1,497,620 1,497,620 Total expendlture Net Incomel{expenditurel {18,883} 286 118,597) Fund balances brought forward 394,713 26,446 421,159 Transfers between funds 423 {423) Fund balances carrled forward 376,253 26,309 402,562 2023 Unrestricted Funds 2023 Restricted Funds Totsl Local Authority Institutional I Charilable grants 239,298 239,298 1,197,344 1436,642 1,197,344 1197,344 239,298 Incoming resources from generated funds Incoming resources from charitable activities 95,293 144,005 239,298 95,293 1,341,349 1,436,642 1197,344 1,197,344 27
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Balance Sheet 2023 Fixed assets Tangible fixed assets 17,375 Current assets Debtors 305,826 789,787 Cash at bank and in hand 1095613 Creditors: Amounts falling due within one year 710426 Net current assets 385,187 Total assets less current liabilities 402,562 Income funds Unreslricled funds Reslricled funds 376,253 26,309 402,562 The financial statements were approved and authorised for issue by the Board on 5th October 2023 J,C, Lalham, Trustee P,J, Bateson, Trustee Company registration number.. 3503128 28
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Incoming Resources from Charitable Activities 2023 Unrestricted Funds 2023 Restricted Funds Total Grants receivable Other management and Servi charges Recharge of organisalional purchases and other services ApprenlicelKickstart Incentives DBS checks Other 144,W5 1,166 1,197,344 1,341,349 1,166 2,880 2,880 5,250 12,218 1,362 164,001 5,250 12,218 3,078 1,716 1,201,940 1,365,941 Analysis of Restricted Income between Activities 2023 Grant¥ 2023 ActlvitSe8 Total Anglian Water- Saving Water BBC Commijnily Champions Youth Ambassadors Boslon Big Local Boslon Big Local - Wyberton Wombles Building Beller Opportunities - Move Community Information Points COPD East Lindsey Youth Persons Forum Governance Support Boslon Health Inequalities Shine Community Asset Development- Hoarding Project Shine Communily Asset Development- N2tureh(J)d Project Multi Maths NHS Frontline Digitisalion Next Steps Dual Diagnosis Social Prescribing - Mental Health Social Prescribing- Primary Care Network 5,000 10,000 15,000 666 41,706 7,326 5,000 10,000 15,000 666 41,706 7,326 1,216 5,089 3,300 2,833 6,000 7,796 1,216 5,089 3,300 2,833 6,000 7,796 5,925 123,818 40,106 465,473 457,306 5,925 123,818 40,106 465,473 460,686 3,380 1,197,344 4,596 1201,940 29
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Charitable Activities 2023 2023 Unrestricted Restrlcted Funds Funds Total Human resources Staff costs Training costs Staff expenses Volunteers, expenses Facilities Rent and room hire Communications and software costs Office costs and organisalional purchases Insurance Miscellaneous Professional fees and advlsory Legal and professional fees Membership Fees AGtlvities Publicity and infomiation DBS checks Governance costs Audit & Accountancy fees Trustees and Annual General meetings Flnance Bank charges Capltal costs Depreciation 346,608 1,313 5,253 258 920,383 2,119 26,281 1,266,991 3,432 31,534 1,098 23,299 13,021 3,699 26,998 40,686 27,665 4,483 6,473 780 933 5,416 6,473 23,804 23,024 9,640 3,381 52,119 3,768 61,759 7,149 139 7,503 839 978 7,503 7,512 227 7,512 227 268 268 4,437 434,595 140,391 294,204 1,355 1,603,025 140,391 1,203,416 5,792 1,497,620 Reallocatlon of costs 1,497,620 Costs directly allribulable to a project have been allocated lo that project. Other costs which cannot be allocated such as salaried employees and other fixed nature overheads have been reallocated on the basis of a mar¢agemenl charge. 30
LINCOLNSHIRE COMMUNITY AND VOLUNTARY SERVICE Analysis of Restricted Expenditure between Activities Staff costs, facilitie5 & professional fees Reallocatlon of Costs Activltles Total Anglian Water Digital Marketing Anglian Water Saving Water BBC Community Champions Boston Big Local Boston Big Local- Wyberton Wombles Building Better Opportunities - Move Community Information Points COPD COPD-TI ELY Governance Support Boslon Health Inequalities LCC CAD - Hoarding Project LCC-CAD- Nalurehood Project Learn Your Way Multi Maths NHS- Frontline Digilisalion Next Steps Dual Diagnosis Social Prescribing- Mental Health Social Prescribing- Primary Care Netsvork 71 4,272 9,507 16,355 666 28,895 7,114 1,976 19 5,089 3,300 71 5,047 10,000 16,390 666 40,895 7,326 1,976 19 5,089 3,300 2,833 6,000 7,796 5,925 123,818 40,106 465,473 460,686 25 750 493 35 12,000 212 2,833 6,000 7,301 2,497 95,818 35,106 419,283 417,592 495 3,458 28,000 5,000 44,936 42,426 1,254 668 1,062,186 2,194 140,391 1,203,416 31