Charity registration number 1069957 Company regSslratlon numljer 03562830 (England and Wale51 VOLUNTEER CORNWALL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
VOLUNTEER CORNWALL LEGAL AND ADMINISTRATIVE INFORMATION Trusto0s C L8yghon R Hall J Popham N Hughos J Price M Leyshon R Magill (Appointed 18 October 20231 K Price IAppoint6d 16 October 20241 Se¢ret•ry L Crook Charlty number 10699JT Company number 03562830 Principal *ddre¥s and registered ofli¢e Acorn House eion Woy Newham TRURO Comwall TR1 2XN Audltor RRL LLP Paat Hous8 Newham Road TRURO Comw811 TR1 2DP Bank•rs The Co.Operalive Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT Scottish Widows Bank 67 Morrison Street Edinburgh EH3 8YJ CAF Bank Ltd 25 Kings Hall Av&nu6 Kings Hill Wesl Malling Kent ME194JQ
VOLUNTEER CORNWALL LEGAL AND ADMINISTRATIVE INFORMATION Sollcltors Fool Anstey LLP High Water House Malpas Road TRURO Comwall TR1 1QH
VOLUNTEER CORNWALL CONTENTS Page Trustees. Ipport Statemènt or Irusl8gs' responslbllllles 15 Indèpandent 8udllor's report 16-18 Statement ol financial activities 1S Ba18nce sheol 2Q Ststemenl of cash flows 21 Not8s lo thè financial stat•m8nls 22-41
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th8 Irust88s pr8sent Ih8ir annual report and financial statements lor Iha y8ar end8d 31 March 2024. The fin8nei81 ststemeni$ have been prepared in 8c¢ord8n¢e with the 8¢¢0unb"ng poli¢ies set out in note I to the fin8nci81 slatetnenls and cotnply wilh the charity's governing document. the Cornpanies Acl 2006 and 'Accounts"ng and Reportsng by Charilies. Slatetnent of Recomfflended Practi applicable to chaiitie5 preparing their accounts in accordance th th& Financial Reporting Standard applicable the UK and R8public ol Ireland IFRS 1021" leff8cllve 1 January 20191. Objectives and activitie Volunteer Cornwall Ss a charlty dedScal&d lo bulldlng $0¢181 capllal and dgveloplng tho wellbolng ol the Indivlduals and communities in Comwall. It does this by woiking in partnership with a wide range ol organisalions to prorrole and SUPPK)rt active citizenship and voluntary action covering the emotional, social, environmental. and economic needs and opportunrties in Cornwall. Volunteer Cornwall's objo¢tlVeS ere lo undertake voluntary work in health, soci81 $6rvi¢e6, and other simllar ¢h3ritable acllvit18s amongst thos8 in n88d. The Iruslees have paid due 98rd lo guidan Issued by the Charity Commisgon with regards lo publi¢ benefit and in eciding what activities the charity should undertak8. Cllmat• Ern•rg•nGy In 2019 Volunlegr Cornwall 4g¢lar?d a 'Cllmatg Chang• Em8rg8ncy' In recognitlon of the Snlorgovornmgnlal pangl of Gllmate Change IIPCCI r&port 1SniJing5 and the need to reduce global emIson5 by 2030, Throughoul our work, we consider our position in relation to our clirnate d8claralion. Conn•ctlng and Supportlng W8 continug to strivè to cultivat8 strong tias b8lwè8n Indlviduals. organisations, s8clors, and placés. Curréntly wo ara viorking with organisalkjns to crèatè 3 structure whlch allows th8 communlly lo determine their own neèds and Identify their aspiration ralher than be significantly dependent on external organisations. With these groups we oan maximise Ihe resources ovailoble ta e8¢h place to ensure Ihol mon¢y is spent where Ihe community fe?1 ther8 is a greater need. Our supptsrt will httlp to assist people to acctss and parti¢ip818 in thèir ¢ommunily. As w811 as individuals, we ¢n¢ourag& organisallons to engagè mor• local pèople In volunltraring, lo support tha dèsign and dèlivèry sorvices and to Incre8se aetivitlas In communllies lo meet their local neèd8. Strongth•ning Through the work und8rtak8n. w8 aim lo str8nglhon and 8nhanc8 th8 ability ol organisats'ons to maintain and optimis8 Ihè delivgry of 5eryices and aclivilie5, This. in lum, will help lo incre8s8 the resilience ol people and the su51ainabilty of cnmmunities. Improvlng Volunleer Cornwall airns to support the developmenl ol the volunleers, experience for the individual, end Ihe opporlunilies provided by org8nisatr.ons and eommunily groups. Through our work. St is hoped that We can Inspire 0P1a to achleve Ihelr potentSal and strengthen their phy51cal and emotional wellbeing. Values The values 8el by Volunteer Cornivall as detailed below. are the way we behave lo each other. our partners, our cornmunities and within our environment. The focus of these values is directly related lo our hope of achieving lasting out¢ornes for people and having ¥ ptssilivtr itnpact on communities.
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Cr&atlve Being creab've and alway5 exploring Ihe "art of Ihe po55ible°. to find solutions to the ch311enges Comwall faces. Thinking ahead about potentr'al issues that could impact on the resilience and wellbeing of p¢ople and the sustainability of ommunilies. Wo want lo be doing not just lalking Carlng Being kind and having cornpassion for p8opl8 we work ¥vilh, both inside and outsidg our organisation. Seeking lo understand Ihe Issues that may cause people to worry. Having respect and empathy for 811 people, living creatures and the worl¢ In whi¢h vie IIv8. Collaboratlv• Looking for av•ry opportunity io improv8 OUtcom•s and inpacls by coop•rating with p8opl8 and organisations. Und8rslanding honesty and integrity when working with local people and partner organisalions. Build trusted relatK)nships with people and organis¥tion8. Challenging Be passionate &nd btsld about the work tlifjl we do and open lo new pos8ibili1188. Challenge ourselves, and other to do beller and work positively wrth people and partners lo Idenlrfy ways to improve services. Focus on the mission ol the organisation challenging estsblished pra¢li¢es to achieve a susl8ined oul¢ome. Worklng In Partmrshlp Volunteer Comwall will aayS try and respond lo new challenges in society, whether it b8ing workiro with vuln8rable groups or building community capac4ty, this is always achieved in partnership with other organisalions. We see it as irnw)rtant to support the community response to crisis, such as severe weapher, pandemics, addressing cost ol living and e¢on(>mic ¢yisjS. Our work around the cosl.ot.Iiving cnsis has seen US WDrKing with both the NHS and local governrnenl to ensure that much nèèdèd funds arè placèd in thè communitiss ol Ihosa most in nègd. or lo Iha individuals Ihamselvas. Not just by offaring financial aid, bul also through offering help and 5UPPOrt trrough cornmunily group5 lo try and alleviate problems f8lKcurrino. Achlevom•nts and p•rforrnanc• Intr¢du¢tlon Our operational teams work closely l(>golher undtsr the Strateg dirtsclion of Ihe Support anrl Devoloprn8nl man8r. Collaboralioii is ona of our values and thi5 Starts Iroin Ilx cvJntr8 ol the orgaiiisation with l•am5 and project5 SUPPOrting each olhor's work. For the last 12 rnonth5, we h8ve been working under a plaG8-b&sed delivery model, focused on the requirements ol Ihe community ond the location's needs rather than organisational or to?4own system t8rgels. This approach has Chang our working practice8, and has created threÈ localion-based teams, coverin9 Ea81, Central and Wesl Cornwall, thig 1$ lo allgn with Ihtr Inlegraled Care Are8s IICAS), of the Inltrgraled Care System IICSI. Ott)er Voluntary and Community Sector partners are slowly beginning lo adopt versions ol this model. loo. Our t*ams cunsisl ol two Cummunity Mak•rs Idavaloping social capital In tho localitiosl, a Community Car8 Maktrr (supporting individuals with health or care needsl an.4 8 Community Voluntèèr Co-ordinator (increasing the number of volunteers and buildlng capadty In communlllesl. The teams have continLJed to support the development ol the now 50 Cornrnunity Hubs throughout the year. The hubs provide a non-medi¢alised model ol support and advicg around health and wtrllbeing 8nd, with our support. are gradually enhancing the range and scope of services they provide to their comtnunities in partnership with the wider health & care system.
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A key part ol what we do is based around p8r50nali5aliDn to addre55 n88d5 and aspiration of indimduals and famili8s in lh8 context of Ihe community in which they live. So. we always start fr(Th the perspective of the person we are supporting, taking holistic approach to idèntify thair issues. and dov*loping soILJtions for them, which ¢hey will b¢ happy io engag? Wlth. Voluntser Cornwall's Ea&t Team Joey Cross Cornmunity Volunteer Co-ordinator Jayna Roycrofl Communlty Makèr Ipart-lmel Carolyn Tr8vethick Comrnunity Maker Penny Stevenson CommunSty Maker Sarah Gray Comrnunlty Carg Makai Volunteer Cornwall's Central Team Joey Cross Community Volunteer Co-ordinator Bill Davies Community Maker Jeremy Rowe Community Maker Kate MoKenzie Communily Cere Maker Volunt09r Cornwo11'$ W9$1 Tgam Judy Thomas Communily Volun¢ggr Cu-ordlnator Josh Clark Community Maker Jayn8 08vlin Communlly Maker tiob 5har81 Pliilippa Macrnaikan Community Mtikar thob share) Sarah Jenner Comrnunily Care Maker Each role 18 Unlgue wrthin the team and logelher Ihey provide help and support lo nol only our client8, cornrnunilies and pariner5 but also lo each other. Voluntser Brok•ragè Although mag$Svely ¢h8ng8d from the dayg ol the Volunlegr Cenire network, $upporting -.he voluntary and cornMunY sector through volunteer brokerage remains a k8y function for Volunteer Comwall, as (k)e5 workin9 with Indlvlduals and eommunitie5 to take responsibility for the issues they fa locally and globally and to take action. Most of the brokeragè Is now automat8d onlinè throLJgh thè volunté8r rucrullménl pages on our wttbsltè wlth a slngl• m8rnb8r ol staff looklng aft¥r tro cont8nl and fésponding to qu8ri8s or siJpporting pgopl8 who ar8 unabl8 to access thtr inlèmèl lor what8vèr Mason. Ovèr th• last 12 months, wè havè had $6 n8w organlsallons, with * wSd8 r¥ngè ol Interests com• to U8 to adv8rtlsè volunt88ring opportunibes and posted 200 opportunitias lo the sit#. That bring5 the total for th8 y8ar to 252 organisations using our services lo hdp Ih8m lind voluntsérs and 2601 OPPDrtunrties dvert15ed in lotal. The Comrnunlty Volunteer Co-ordlnator8 role Is to rerruil, support and dflploy volunt&èrs across th8 whole ol Cornwall. In addition to Ihe recrultrnent of volunteers for Vol(Jnteer Comwall, they have a wlder roie In supportlrvJ recruitment 8¢ross Ihe sector and offering advice and support lo smaller grass-rtstrts organisaliDns looking to recruit and deFAoy volunteers. Volunteers ore used by several of our wellbeing projects to deliver non-clinical outcomes. be it supporting stroke survivors to rglearn skills or being a regular Visitor lo someone lo wake a cup ol lea and have a chal to help mitigate loneliness and i301ation. The 8kill8 of Ihe individual volunteers, and their person81 interes13 Bre put lo good use within Iheir own community and with the individuals they support. These actions and the iervices pmvided by Volunteer CDrnwall are tailored for the individual and can reduce the demands on the NHS and socSal carg sgrvicos, whlch free$ thes8 servlc&s up lo focu$ on thg more 8¢th8 ¢ases.
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 For last year the Community Volunl8er Co-ordinators achiev8d th8 lollowing.. East C8ntffal Wggt Tola Volunteers Recruited 39 49 31 119 Volunteers Relain8d 389 817 430 1.636 Tho Communlty M•k•r rol8 Is about dgveloplng conn8cllons wSlh peoplo, organisallons and ¢ommunlli8s, bulldlng strong SUPPOrtIVe n8twork5 across Gomrnunib'es and belwe8n localili85. They are th8re to support poople to build Iheir confidence and conncclions Wlth others, as woll as building rcsilionce in the cornmunity around thern, They support organisations to understand, develop and strengthen the link5 that 8x151 within the wtworks in comtnunitie8. gather and di5serninate intelligence about ¥vhal is happening in their locality and to assist the comrnunilies to build social capital, lo bg mora supptsrtivg and rgsiliant. For the North & East area, the rn8in achievernenls this year 8re'. Dev¢lopm¢nl 0115 Community hubs Ihruugh tho area Supporiing comrnunity hubg lo develop 69 new health & wellbeing ser¢iEes to oNer their Ur8 Working Glosely with 94 other ¢ommunily groups outside of tho ¢omrnunity hub n¢twork Within the Central area, the main achievements this year ar8.. Development of 15 ¢ommunlty hubs ihrough the orea Supporlin9 comrvunily hub9 to develop 67 ngw hgallh & wellbging $grvirg$ lo offgr Iheir usgrs Working closely with 42 other community groups outside ol the comrnunity hub network For tho W8sI ar8a, the maSn achi8v8m8nts this y•ar are.. D8v8lopm•nt of 14 communlty hubs Ihrough th8 araa Supportlng community huby to develop 61 new health & wellbeing 3eNlces to offer their users Worklng closèly wllh 44 olhar community groups outsida of thè comrnunlly hub natwork Th• Communlty Care Makers aim lo support héalth and social car8 s•rvlco8 In looklng lor allernallve opllons to packag8s ol care. This includes supporting people lo increase their independence al home or gel them home from hospital. The team needs to be ereative in how they (k) this, offering a bespoke serviee based on the individLJ81'5 circurnstanees and needs. Th8 Comrnunity Care Makers have worked as part of th8 wider Hospital to Home T&am led by Age UK and supported by CHAOS and Cornwall Nei9hbourhoods for Change. Relerrals come dire¢lly, through MDTS or via the Community Galeway. For the East. the rnain achievements this year are.. Number ol dis¢h•rges supported = 26 • Nuiribe)r ol diroLI adrviissions prevented - 11 Number ol people supported to remain independent= 91 Within Central area, th8 main achievernenls are.. Number of discharges supported = 53 Number of dlrect admisgions prev8nleLI = 129 • Number ol people supported lo remain independent= 82 For the Wesl area, the maSn 8¢hievem&nls are.. • Number ol discharges supported = 75 Number of direct admissions prevenled = 18 Number of people supported lo remain independent= 319
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Tralnlng and D•volopment T¢arn Currently Ihg training team works with four awarding bodigs, ILM, NOCN, NUCO and AQA. Cours0$ arg dgsigngd tr> $upwrt the unique relath'onship belw88n volunleei and ho81 organiSati Iralher Ih8n the mor8 traditional 8mploy8rl8rnploye8 approach) and to support our wider work as an organisalion. We offer flexible delivery ol courses including Information, Advice and Guidance, Quality Assurance, Safeguarding, and VolLJnleer Management. We have spent wnsiderable time this year offering Mental health First 'd and the Assi51 Suicide A¥Yareness training to 51aff nd volunteers across the community hub network lo upskill Ihem in s(Jpportwig people using Iheir servi¢es 8$ poor mental health 18 on the rise locslly and nationally and we are building in a li%1 line of support al Cotllmunily level Anolhgr offer w9 have tallor9d lo gUPPQrt Ihg ¢ommunlly hubg 19 Ihg HOPE ¢ourso which hfjlps peop19 bulld p¢rsonal rg5ili?nrg 8nd work towards Iheir own goal3 End 8spiralion8. Durlng Ihls Iln8nd81 year, wg have a¢hlevfjd overall.. 571 arnerS 58 workshops or courses Strok4 B•frl•ndlng The Stroke Befriending service h8s been commissioned by the NHS since 2Q18. This service offers a specialist befriending service lor individuals who hav8 8xp8rienced a Slioke. Our voiuntears offer ¢omp8nionship and ¢onversaiion, emotion81 SLJPPOrt, hope, direction or morivation, along wlth words of encouragemenis. Individuals who are r81grred inlo the service 8r8 visited by a Co-ordinator b8foi$ boing malchod with a suitable volunl88r who then vi8lt8, either lace to face in treir hornes or in a cornmunily-based venue, lypieally lor vislts. We r8¢rulled 6 new velunle8r$ and r8c8lved a lolal 0190 referrals dudng 2023r2024. For more information on this project, please wnt8Ct Ken Ashman.. kenafvvolui'ieercoriiwall ¢Jr Cllmate and Eeologlcal Emergency Th8 work of the 18am has cuntinu&d apace, with continuing n8w deielopm&nls'. K¢y achievements.. Tèam has inerègscI from 3 p$oplo to a taam of 4 projoctg offic$rs, on• data officar and a manager. Development ol a netsvork )1 over 400 contacts across Cornwall and the UK. Created a cohort of over 30 Climate and Nature Pioneers pr8¢1i¢es takin9 8¢1iDn on ¢lim8te and ecologicgl resilience and drawing down over £60.000 Irorn Public Health lor over 50 practical proj8Gts on the ground within primary ¢are including bike racks and slDfdge, electric bikes, Gomrnunity art works on human and planetary health, community and pra¢ts'¢e gardeng and reusable menslwal products, meds storage and drinks canteens wilh wide community outreach and collaboration. Suppori lor laUrh ol VCSE Climale and Environment Alliance. Cornwall Greener Pr8¢li¢e Online sessions with local and nalional experts on water, waste, blue and green prescribing,. regular newsletier. Talks, workshops. and participation in a range of research partnerships operating across Cornwall and the UK Includlng Nel Zero and Human Health UKRI Hub bld. Over £70,000 identified savings via the primary care energy audit and rnore expecled. Multiple presentations at nalional level induding BMF Net Zero Event and National QI Our Planet, our People event. Movement on banklng swllch lo enable practlces lo gngagg, worklng whh nafjonal partners. Over £9,000 secured lor active travel equipment across the ICS. Developmenr of a SW regional networf( of practitlDners sharing models across the region. Contribution lo an gmerging health ¢r081ion proposal with VSF, as part of new engagement w1h ICB Channel Sht
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Suppon lor Gre¥n Practica Network bid lor n&w wabsilts including partiopalion in successful from SBRI. Total of ov8r £275,000 fundin9 applied for Since the inceptK)n of th8 t8am, and s total of over £132,000 88cur8d for dired Investmenl in primary oare innovation. Development ol String of Green Pearfs programrne, including running lolal of 17 green sp8ces for health within primary care., funding for a new Green Spaces for Health Ranger at R(%T and aclive parhcipation in green spaces lor health programme al CPFT sile ILiske8rdl. Further funding lor first six months 012024-2025 Secured from IC8. For more Inlormallon, pleasg Contact.. nidn(IAI) Early Help Hub The Earfy Help Hub VC8 Engagsmenl Co-rrtinator role 1$ based in the Together for Families, Earfy Help Hub at Cornwall Council. This role acts a8 a conduit ol infoimalion between services. front line workers and lamili88. This is 8¢hieved by building rel81iDnships wth VCS groLJPS and organisalions and sharing the infomalion received with Ihe Contact Worker learn in Ihe hub and wider Children's Services. Tho project enables tho team lo support grp$ and organisalions lo sgt up and d6volop by providing inlDrmalion. locating funding and making intioductions belween VCS organisations lo crealg collaborations. Followlng are $0rn9 01 lh$ hlghllgM9 of Ihls y$ar'. Signposted 394 individuals to support. Provided information to the Early Help Hub team to enable them to sign post 4,503 families to VCS support using 137 difforenl organisalioi)s. Supporied 32 comrnunity groups to open, re-open, expand or survive. Tolgarn morg about Ihis projtscl, pl&a90 wnla¢l Bgcky Higgins.. bpth h((tivoliinleerrornwEII or Hlgh Intsnglty Uger IHIUI Servlce Volunteer Cornwall co-ordinates the delivery ol this project with our partners. Pentrealh Ltd. Comwall MIND, and ChBos Group. Howgvgr, du$ lo chonggs In lun41ng. Ihtr t9am has ¢onlro¢l&d $5 of Ihe end of March 2024 to locus solely on relgrralg from the acute end ol the system IEmergency Department and 999 Ambulance calls). The alm ol Ihls prole¢l Is lo work Closely wllh Ihg most fr9quenl users of 8¢ulg servlces lo explore Ihg laclors drlvlng Ihelr behaviour and then meet indivi<Jual needs and aspIratnS which then reduces ambulance usage, 8rnergency d8p8rtrnenl attendances, non-eleclive admissions and bed days whilst the lasting outcome is that we help people change their lives for tha bgtter. Clients of this project can be anyone living in Comwall, as anyone can become Bn intensive user of services lor any number of reasons, eilhgr physical or emotional or indeed both. Tho support provid8d for each Client is vory (Jrfferonl 8nd is lailor$d for their needs and wanl5 and abilities at the fi'me. A new Project Manager was recruited lo lake the 18am lomard and we wnlinua lo gxplor& ways of devaloping iho Servicg. Over the past year, the HIU team has received approximately 85 referrals for clients idenlified as'frequent Ugers. from South West8rn Atnbulanc8 S8rvic8 Trust, 111 K8inow Hg¥lthGare, and Cornwall Partnership Foundali¢n Trust. whirh supports discharges from the county'8 Psychiatric Hospitals. Throughout the year, Ihe HIU service has ftsslered strong partnerships with our rèferrers SWAST, 111, and ¢ollabor8lors viithin Cornwall Partnership Foundation Tru51. Regular meetings enable us lo discuss new referrals, provide feedback on evolvSng dlènt n&&ds, and davalop tailored rèsponsa plans lor dlgnts with lifglong or complax c£)ndStions using frontlina services. For additional information on this project, please eonlacl Nèhemiah Smilh$on.' neheniic?hs &volunteeipornw8110
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Health Inequalltlgs Laun¢h¢d this year, thg health in0qualitlgs work 1$ a parlngrship with NHS Comwall & 19106 of s¢Ily. and Coinw911 Council Public Healrh providing the funding and Volunteer Cornwall providing 8 co-ordination and support role lo the place-based pariners delwering on the ground in targeted areas. The work is a ggnuine collaboialion with al the Inlegialed Cai8 Aiea partner$ for each area providing an overview and strategic direction role. Th8 inffjal aiess have been chosen because of the poorer health outcomes facgd by p80kle living there and includes.. Newquay, Si Austell, Truro and Falmouth in the Central ICA area Cambomtr Pool & Rodrulh In tho Wfrsl ICA artro Bodmin & Li5k93rd in the North & Ea51 ICA area Idue lo go IN9 in surnrner 20241 W$ work&d hard lo ensurg th81 alm081 all th& dellvfjry slts within th& voluntary and Communlly $o¢tor. usu811y In tho sam$ organisalions delivering community hubs in those areas. The gim of th¢ proj9¢1 is 10 9el alongsido p&opl$ and families in Ihg are8, buildin9 Iru$led rglatic)n$hips and supporting Ih$rr lo make better-informed decisions about their health and wellbeing and acc8SS the lull range ol services and suppjrt available to thern. 11 you would like lo learn more abcul this project, please contscl Jul Pollard.. fDvoliinleeicornwall or .uk Communlty Tran8POrt We would Ike lo say a huge thank you lo all our volunteer drivers, wilhoul whom, our community sUPPOrt would not exist. They worf( tirelessly to get peopl? lo appointments, and evenls both in their local communities. but also Iravelling further afi¥ld. As with all volunteer diivgr schemes throughout lh& countryi recruitment of new volunteers is the main issue lo doing mor journeys. and while we have tried several dfff8rent evants and aclivits'es to recruit drivgrs. they are not quite yielding lh8 numbers w8 n88d. Thls is lèading to us not bèing ablè io do all the journays that p8oplg n8ed to atlwd all th&lr appointmenls and ovents. However. on & p0511ive note, we still underiook 681,8f2 miles of travel on behall of 12,370 passwgers, which although ecrease on last ytrar. still helptrd m¢mbers ol our communities r$ach Ihgir appoinlmenls. The ov¢ragtr miloagg per passenger is currently $5 miles, Ills 15 an increase on la51 year.The types oljourneys undertaken are shown below- 202312024 Journey Typ$s Startlng From MpdiGal ICA Central D•von N&E W6$1 Totol 648 65 381 599 1,693 4,656 873 Aduli So¢i81 Care1Edu1iOn Dorneslic 1,970 667 93 1,241 101 1.352 105 Youth Services InterNallStaff 568 219 316 1,103 211 25 Total 3,876 158 1,946 2,373 8,353 There have betsn many very positive reactions to the se10e provided by our volunteer drivers trroughoul Ihe year, bul One vihich remans in the memory, is from one ol our charity users, who work wilh young people, and the said Inarnes and locations have been removedl-
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 "Thank you lo the threE atnazing drivers who tran5POrted our young people again thi5 week. Absolutely fabulous yet again. One drivel was absolulely biillianl. and really look an inl8resl in what wè werg doing and ¢ame in for a lislen to our final piece of musio- I think the young person who he transported really appreciated Ihis. Thanks 10 all thr88 driv•rs and ol cours8 you for liaising it all. And the driver involvee, 81so adw$ed that he iotsk a gre81 deal of enjoyment frorn his inleraclion with this group and hearing their final piece. Flnan¢lal rovlow The detailed results ore set out on pages 19 43. Volunteer Cornwall's main sources of ineomo are.. S•rvicè charg8s 18vi•d on cèrtain aC'V188. Proj8cIs Training As wlth all charillas, Incom• Is not guarant88d and as such Voluntèèr Comwall always op8rat8s agalnsl a background of Much ol our prol8Ct Incom8 Is on a short-18mi contrad basls, which gan8rally Is r8vlèw8d yèar on yèar. Thls can lead to projects being slopped with relevantly short or no noticè. Trainlng Incom• Is v•ry much basad on •nsuring that th• ¢ours•6 provld•d aro vthat thè mark•t Is Iocklng for and ar• coslod 818n affordable rate as many of our partiapanls are charrties and charity workers Ihemsefves, Fundr8lslng Poll¢y As An nro2ni8alinn. llnlijntp.pr fnrnwAII rp.r.pivp8 it8 fiindino frnm piihlir. 8pr.lnf hndip.4. And nlhp.r InrAI And n2tinnAI organlsalions. There Is also Iradlng Incoma from our Iralning and transport dap8rtments, however Volunletsr Cornw811 does not lundraisa directly or indirectly with the public. Th8refor8, wa make no usg of professional fundr8180rs. nor diraclly approach indNidua18 or organisations lor funding. Grant Making Poli¢y All grants paid by Volunloer Cornwall comply wth the guidance issued by third party lunders. as Volunteer Cornwall do8B not pay grants in their own right. Rèsèrvès Surplus After transfers. tre unreslricled reserves show a surplus for the year of £213,395 {2023.. £37.8681. After Ir8nsfers, Ihe restrlcled reserves show a Surplus for Ihe year 01 £67,44412023'. £676,782). Golng Con¢•rn A$8•8$m¢nt Whilst, as with all charitias. funding is a genéral araa ol wneern, the budgèting and risk management slrglegies ol Ihè organisation has led the trustees to confirm that there are no issues, ol which they are aware, which may allect the tontinuation of Volunteer Cornwall for the foreseeable future. R¢lot•d Partlgs Trustees and key staff have confirmed, in writlng, that there are no related paty transactions for this financial year, other than thos8 dlsc105ed In Note 24.
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Reservo Pollcy The Dirg¢torslTrustogs undgrstand that they have a duty to on6ur9 that all rg60(Jrcg$ available to thgm aro used a$ effgctivoly as possible for the fudheran¢e ol Volunteer Cornwall'g objgclives and lo Comply with 8ny guidance issued by the funding body for the use of the funds. Ilolunteer Comwall has a formal reserves px)licy, and the DirectorslTrust8es consider Ihat the current 18V81 of res8rves is adequale to ensure the lollowin9'. To ensure Ihe long-term stability of Volunteer Cornwall. • To rneel monthly cashflow requirernents. To support tha Iiabili118s of th8 charity. To sustain the organisation and pay its employees ov¥r a reasonable period 8hould incomo bè substantially r8du¢ed. To rnanage the upkeep, rnaintenance and depreciation ofAcom House. Futur• Activiti•y The Chi¢f Executiv¢, Support and Development Monager and Ihe Boord of Directors are ¢onslonlly exploring ne oppx)rtunities lo ensure the viabililv of Volunteer Cornwall me81ing is cliaritablg objectives. Using this Slralegy ha8 been $uc¢8s$ful and has lod to new tonlracts boing Sé¢Ufed, although their duration is somelim8s lor one year initially. Th8 Transport leatn is 5elf-financing but has expgdenced a downlum In aclivlly, partly due lo a reduced nurrt)er ol poople viishing to volunteer, which is a national problern. Lev91$ of Ro$&rvfy$ V¢lunt¢er Cornwall Dov•lopm•nlllnlom)atlon Tèchnology The server was replaced In 201712018 and w8s upgraded in 202112022. however due ta the sge Df the sèrver. the CLJrrent support organisation has advised Ihat the support can only continue lor one more year. The decision ha$ been mado th81 tho funds in ihls rgservg will be used lo replac? Ihg physical 8erv&r with a ¢loud-bas&d 8pproach, which should m8ke our retnole conneclivily easier lor 811 staff tnernbers. The Iransler lo a cloue-based seNer was undertaken in 202312024, and led lo minimal expens8, as Ih8re was no longer a need to purchase any expensive equipment to accommodate this. The fund5 will continue lo be held lor any other developtn8nVinformalon tochnology iSSLJ8S which arise. Changos In Actlvbty and Exlt and Downturn Strategy This fund w88 created to cover the possibility of Covid creating the need for 8 seriou8 reduction of our st8ffing levels due to the cessalion or redu¢lion ol any of our projects. The aim of this fund was lo cover redLJnd8n¢y costs if the need arose. Whilst the threat from Covid has dlminlshed, it has been replaeed wlth a eosl-of-living crisis which has led to $0rn8 lunders looking mortt closely at Ihe projects they are undertaking and how they are funding them. This fund is in pla to cover any decisions which are taken by fLIterS to redv¢e or stop projects due lo financial pressuies lo allow us to either continue ernploytnenl for a short period until otrer funding 18 found or lo Cover redundancy (x)$18. This fund reniains at £124,252, Climate Emergeney In 2019, the Board took tho dodsion 10 de¢larg a cllmate $morgency and allo¢8 £30,000 from Volunteer Comwall reserbes a5 our commitment to this.
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Work 51art8d on this project through the eduralion ol our own 51aff and revi8wing our current environn8nt. In addition, work 15 underw8y to share knoNledge and practice writh VCSE p8rtner5 locally 8nd n8tional. Whilst not a great deal of direct work has been undertakpn for Volunteer Cornwall ihis year, the team has grown four-fold and is now working closely with the NHS lo help with lacking their clirnate responsibilits'es. This designed reserve fell slightly lo £19,850 Irom £20,323. Pr•mlses Volunteer Comwall owns its Offices al Aoorn House. This fLJnd has been allocated lo cover all expenses incurrèd In the upkeep and malntenan-è ol the building and lo ensure that funds are avallèble lor any'Un8xpItsd. expenses. 11 has been agreed to keep this fund al a level of £10.000 lo ensure that mosl cost5 which are not Onticipated can be covered through rgsgrves, Property The capital cost ol Acll House and ils fixluies and filting are held in this fund. A lotal of £439,490 is h81d in this de8ignaled reserve lor this purpose. This is not a cash balance. Volunteer Infrastructure Suppo In the past, Volunteer Cornwall has always supported the Volunteer Infrastructure frorn uveslricted reserves. It ha8 been agreed lo keep thi5 fund al a level of £50,000 lo ensure that m05l costs which are not 8nlicipaled Gan be Covered through re5erve5. 10-
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Revlgw of Ro90Th10$ The Director51Trustees will review the allocatK)n of the reserves ané their specrfic purposes on an annual basis. This is in line viith Volunteer Comwall's ongoing long-temi plans and development. This review is to ensure that the oiganisalion rnaximises the safe retums 8vai18ble on its monies. It ¥MII also Confi'rm that the lev61 ol rèserv6s hèld are justified and sufficient lor the organisations, purposes. 20231224 202212023 Restricted ReseNes £1,289,139 £1,221,695 Designoted Reserves £741,582 £672,004 Unreslricled Re5erve5 £397,549 £253,732 Th8 l•vel ol Ir88 r8sèrv8s hald by the charrty as al 31 March 2024 was £388,464. Th8 Dlre¢lof81Tru81898 hav8 revl8wgd Ih8s9 1988rv08 and ¢onfirrn th81 the levels 8r& a¢¢eptable to fnetrl the long-term objectives ol the OrganatIOn. Th8r8 ar8 no ev8nts which hav8 occurrad sinkn& Ih8 and of th8 financial year. Ihat would rnat8rially afféct tha pOLI0n of th8 organisatlon. Funds r•c•lv•d as Agent. A new item was added to our balance sheet in 202212023 lor funds held on behaK ol third parties. Volunteer CDmwall has no discr8tKJn règardlng th8 usè ol th8s8 funds and very slrict crrt•rla has bean sp8cil8d as lo what the lund$ are lo be use for and htsim they are 10 bè 8ll¢¢*ed and spènt. The current funds held are.. Cornwall and los ICB The Hubs Ivest ICA Personal Health Wateroate PCN Gr&8n Impact Wast ICA lay TAWC Health Inequalilitrs Total Brou9hl Fow8rd from 202212023 162,2 700,000 97,000 3,500 963.492 Inwtn9 202312024 1,152 363.682 364. 834 Expenditure 202312024 7,567 684,000 351,063 1,042,630 Carried ForN8rd 155,425 16,000 97,000 1,152 3,500 12,619 285.696 Inv•stm•nt Policy Tho charlty somatlmas nèèds to react qulckly to its funding rgqulrernonts and has o pollcy of kgeplng any $urplu$ Ilquldrty In hort-lertn dep031ts that can be aGmased readity. Informatlon Technology Ifolunleer Comwall continues to endeavour lo obtain the maximum >enefil and effeC'ven@ss from Inftrrmation Technology. 11
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Quallly Standard5 11 is the ongoing airn of the Dir8Ctors and staff lo work together in developing and refining systems and procedures which will enable the delivery and managemènt of our services lo a standard that exceeds the expectstions of our ¢lienls. 11 is irnportant that the organisalion achieves an appropriate and relevant qualty standard, for which Ihe process ha5 begun in 202312024 to obtsin the N8tional Association for Voluntary and Community Action INAVCAI Local Infra51ruclure Quality Accr8ditation. Data Securty and Protection In cornpliance wilh our NHS contracts and a8 a rn8asure of good practice, Volunl8er Cornwall has 8ubmitted ils NHS Data Security and Prolection Toolkil at Ihe end ol March 2024. Thls has led to us achlevlng th8 annual accredltdtlon n8eded for thes8 contracts. Plan$ for fvture period 'Qlunlggr Cornwall's Chair and Tru$tg99 discuss ¢hg future ¢JirgciK>n of ihg ¢hanly at s¢hgduled forrv81 boar¢ tlleetingg as viell a5 having regular rneeting5 Wlth the rnanagernenl tearn. The Iruslees have been pleased wlh the exceptional work to ¢ale and th8 progrés5 mad8 on 811 fronts. partlcularly wllh collaboration across tho VCSE and with public partn&rs. Of note ha5 b88n tha dev8lopm8nt5 dgaling with thé Climate Etn8rg8ncy and th8 8tnb8dding ol th15 work in cotnrnuni1185 and with NHS partners, The lessons learnt from all this activity wll enable us lo influence our own 8clivilies and Ih05e of our partners. De81ing wlh Ihe Clim8le Emerg8ncy and Bioaiver511y loss rernain5 an irnportanl objective lor the forthcoming years and work viill continue around the four key principles ol Connecting, Supporting, Slrenglhening, anc lrnproving the work we do with and across Cornwall's cornmuniti8s. Ovèr thè nèKt thrèe yèars Volunt•ar Cornwall wlll.. Reach out into all Cornwall's communities to develop soclal and voluntary action lo Improvo individual re$lllon¢ft and alloys comrnunilEs lo flourish. Continue lo work with partners on developing and strengthening the role of Comwall's Community Hubs. Continu8 lo work with partnrs on the Community Gat8way maklng 11 as èasy as possibl¥ lor p•opl• ID identify and accèss support as nècssary. Increase the social capital n Comwall's cornmunities supporting people lo become involved In the social, 8nviionmgnial, and econornic aspects ol community life. Work with Indlvklualy, groups, and cornmunltiès to addrss lh• Cllmaiè Changè Emèrgèney and redu(x Biodiversity loss. • Support individuals lo b¥cLYn# adv#, buildlng conlld¥nc¥. soW4st••rn, n•w skllls, and fri¥ndshlps. Suppnri individua15 to bLJild engaged, inclusive and suppartive communitie5. ChampSonlng and delivering of collaboratSv• aFproachas to S8rvicè d¥v8lopm8nt and d8llY8ry und8rplnnèd by Iho Changing Lives principl85. Enhance thè ddivèry of public sèrvice by InerÈasing commLJnity involvèment in thè design, dèvÈlopmÈnl, and delivèry of sethces, Vvork with public sector partners to etnb8d Volunteer Cornwall's core activity acr055 Comwall's changing health and wellbeing slruolures, p8rticularly through Comwall and the Isle5 of Scilly Health and Care System, Inlegrgled Care Areas. and Primary Care Networks.. Suppori h05t oiganisations by increasing th# availabillly ol volunltttrs. Vvoik with host 01ganisalions in developing and accrediting Iiaining foi volunteers. Work with voluiiteers and host organi5alions lo share capacity lo meet the needs of tre most vulnerable m8mb8r5 01 Cornwall's cotntnuniti85. Acts'vely link research 8nd practice working wilh academic institutions to improve service delivery. Look at opportunities to increase employer SUPPDrted volunteering. Work with public, private, and vuluntary sector partners to develop secure, indusive, suslainable and rosillont communities. 12-
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure. 9ovemanc• and management Klolunleer Comwall is a Company. limited by guaranleg and is governed by our M8morandum and Articl68 of Association dated 13th TrAay 1998. In addition, Volunteer Cornwall 18 also a registered charity with the Charnies Cofflmis8ion. This registration has been in pl8Cg since 8th June 1998. The Iruslees, who are also the directors lor (he purpose of compan¥. law, and who setved during the y8ar and up lo the date ol signatLJre ol the linBncial statements were.. H Childs C Leyshon L Emmell P McGr8gor R Hall J Popharn N Hughes J Price Leyshon R Magill K Prlce (Resigned 18 October 20231 IR88ign8¢ 18 Oclob8r 20231 (Appointed 18 October 20231 IAppolnt8d 16 Octob8r 20241 Racrultmont and appolntm•nt ol Trustèes Tho Board of Dlr&clors mu91 an$uro that tha m8mbo1$ ol Iho Board hold Iho r•l8vant skllls n•odad to 8IIcJW Voluntogr Cornwall lo continue lo carry out its mission statement, aims and objectives. Individual dire¢lor$ and Slam identify polenli81 Board Members rn8inly by word-of-trnulh recommtrndations. Details of vacancies are also pDsled on our website.. wviw.voluiileercoinwall.cr All new Iruslwd are ele¢l8d and appointed al tha Annual G6n6r81 M89ling, OrganiBation Th8 Board ol Trusl88s m88ts on a quart8rfy basls, datas ar8 provided for th8 followlno yéar at th8 Annual Gen8ral Ma8ting. In addition lo th• quart8rly Board m$$tings, maalings ar• h•ld by tha Risk and Financè Committ••, Oata Sècurity and Protection Comrnitlee and Safeguarding Committ8e on a regular basis and the fi'ndings ol Ih85e COtnmit1885 are submilt8d to the Boerd for approval. Tho day.to.day manag•m#nt of Volunt•¥r Comwall 1$ d•l•gatod to th¥ Chl•f Ex¥cullv# and pald staff. Board Post holdérs ar• availablè to paid staff at any 1Sm8 lo discuss issu¥s as and wh¥n th8y occur. Current Organisational Structuro Chief Executive lan Jones Accounts and Administration Manager Lisa Crook Support & Development Manager Andy Brelsford HR Manager and PA lo CE Mary Baldwln 13-
VOLUNTEER CORNWALL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Inductlon of Tru5tO05 Th8 indLJetion of all n8w memb8rs of lh8 Board of Directors is th8 coll8Ctiv8 r8sponsibilily of the Board of Dir8Ctors with Ih8 aSSlStance ol the Chief Executive Dffi¢er. At the first Board meetng. a director is nominated to mentor the new director for as long as is necessary and all new Board members are expected lo complete the follom'ing 8¢tivilies during their first year in office. Meet with the Chair of the Board ol Directors lo discuss Volunteer Cornwall's rnission statement and ils aims and objeelives. Nleei with the Treasurer lo got tr)rouoh Volunteer Comwall's finan¢i81 arrangements. • M881 with the Chief Executive to discuss Volunteer Cornwall s business plan. Al thè end Df the flrsl y&ar, an Informal rn6gling wllh Ihg Chalr and Chlgf Execullve Is 8rrang&d lo dlscuss the Inducllon process. Emphasis is given lo the main skill ar8as that th8 new dir80tor wishes lo offer Volunteer Cornwall and identify any support or training IhBt may be required. Pay Poll¢y lor Sonlor Sloff The pay of all staff. including sénlor staff. Is linked lo the National Joint Council INJCI for Lttal G)v8rnmenl Sèrvices pay scales. Thè pay ol sénior staff is thar8lor• r8VI8W8d annually. and if applicabl&, Incroasad In accordanc8 Wlth Iha recommandatlons for thèsa scales. Th8 remuneration 18v81 of s8nior staff withln th8 NJC scales is d818min8d by th8 Board ol Dir8clors. Ri$k Managernent Th8 Volunt8•r Cornwall rlsk manag8m8nt po15cy and r8gisl8r ar8 r8vl8wed r8gularly and pr8S8nt8d on a quartorly basls to Ih& Board as a standing Item on th8 agenda to detsil any variations or adlLJslments. As with all Chariti88, ftsndlng Is on8 of our major rlsks, which Volunt88r Cornwall Irles to mitlgat8 with robust futur8 plannlng and creating positive rÉl81ionship5 With funders and other partner org8nisalions. Audltor In accordanco wllh th8 company's artlcles. a r8501ulion proposing that RRL LLP r8appoint8d as auditor of th• charity will b8 put at a Gan8ral Mé8tlng. This report has been prep&r6d In 8¢cordanc& wllh Ihe sp&cl81 provSslon ol Part 15 of the Companles Act 2006 relallng lo small companies. Disclosure ol informatlon to auditor In so lar as the directors dre awdr• there is no relevant audit inlorrnalion ol which the Cornpany's Auditors are unaware, and Ihey have taken all Ihe steps th81 they ought lo have laken as directors in order ID make themselves aware ol any relevant audit information and lo establish Ihai the Company's ALditors are aware ol (hal information. The Iruslees, report was approved by the Board of Trustees. J Price Trustee 16 October 2024 14-
VOLUNTEER CORNWALL STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 Th8 charrty trusl885 (who are a150 dir8ctor5 of Volunt88r Cornwall for the purpose of company lawl are responsible for preparing a trustee's annual report and financial staternents in auordance with applicable law 8nd United Kingdom Accounting Standards junited Kingdom Generally Acceptèd Accounting Practi¢o1. Company law requires the charity trusteÈs to prepare finan¢ial statements for each year whi¢h givÈs a true and fair view of tha ol the charitablè company and of tha incoming rsourcos and application rtsources. including incomè and èxpandilLfa. of the company for thal period. In preparing the financial 5talements, the Iru5tees are required to.. Select suitable accounting pclicies and then apply thern consislenuy. Observe th8 methods and princip18s in the Chaiit18s SORP. Make judgements and estimates that are reasonable and prudent. State whether applicable UK accounting Standards have b0 fr)Ilowed, subject lo any material departures di5dosed and explaiiied in the financial stalaiTIrIts. Prepare thè financial slatèmènts on thè golng conc8rn' basis unlèss il Is Inapproprlat8 to pr8SUrn8 that thè company will Con'nUe in business, The trustee5 are responsible lor maintaining proper awounting record5 which disclose with reasonable accuracy at any tine th8 linanclal posltlon ol th8 charStable company and to enable St lo ensure that th8 flnancial slalernents comply wlth lh• Companies Act 2006 the Chwilies Act, 2011. They hav8 ganeral responsibilbty lor taking such st8ps as r8asonably open lo them to safeguard ttrE a55et5 olthe charilable company and to prevent and detect fraud and other Irregularities. 15-
VOLUNTEER CORNWALL INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF VOLUNTEER CORNWALL Oplnlon Wts h8V& 8udited the finan¢ial stslamènls ol Volunt8èr Q>mwall Ilhè '¢harily'l lor Ihts year tsndéd 31 March 2024 which compri88 th8 Stat8menl of financisl activi1188, th8 balance sheet, th8 Stat&m8nt of cash flows and not•s to the financial slatements, induding significanl a¢¢ounling policies. The financial reporting framework th81 has been applied In their prgpar81ion is applicabb18w and Uniled Kingdom Accounting Siandardg. including Financial Reporting Slandaid 102 The Financial Reporting Standard applicable in tha UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Pradi¢el. In our opinion, the financial staternenls.. give a true and lair view ol the slate ol the charitable company's affairs as at 31 March 2024 and of ils incoming r¢sour¢8s and application ol resour¢e$, including rts income and expènditure, for the year then endéd,. havé b88n property prèpar8d In accordanc8 wlth Unit8d Klngdom G8n8rally Acc8ptèd Accountlng Practlce.. and have been prepared in acc(rdance wrth the requirements of the copaNieS Act 2006. Basi8 for opinion We conducted our audrt in accordan wilh International Standards on Auditing IUKI IISAS IUKII and applicable law. Our r&8ponsibili1168 undor those Standards arts lurthar d8s¢rib$d in the Aiidilors 1&8ponsibilili&s forth& audil of the fin&n¢i&l stal&ments section ol our report. We are independent of the charity in accordanca with the ethical requirements that are relevant to our gudit of Ihe lin8nc481 Slgtempnls in the UK, including the FRC'S Ethic81 Slandaid. and we have f(Jllilled our other elhi¢al responsibilities in accordancg wilh these rgquiremenls. We bgli$ve that the audit eviden¢s wg hgve obtained 1$ sufficient arKI appropriate io provide a basi5 lor our opinion. Conclusions Telating to going roncern In audlllng th8 Ilnanelal slatam8nt$, we have eon¢luded that thè tru$lts86' use ¢1 thé golng con¢6m basls of a¢countlng In thè preparation ol Ihe linawial slal8m8nls is appropriate. Basèd on Ilw work n8va p8rforn. w4 h8vè not Idèntlflèd any m8lèrlal uncèrt8lntl8a rèlatlnu to èV8nls or eondltlong that, individually or collec'Vely. may cast significant doubl on the charity's ability lo continue as a going concern for a period of ai 108sI Iwelve months Ircm wh8n thè finan¢ial $tatementS 8ro 8ulherlsed lor Issua. Our responsibilities and the responsibililiÈs ol the trustees wilh respect lo going concern we de6crib&J in the relevant se¢lions DI this report. Othgr Infomiatlon Th8 other information comprls8s thè Infom)ation Includ8d in the annual rèport other than th8 financlal stal8m8nts and our auditor's report Ihereon. The trustees are responsible for the other information contained within the annual reporl. Our opinion on the financial slaternents does ml cov8r the oth8r information and. except lo the 6xlent otherwise ¥xplicitly 51aled in our report, wtr do not expreay any form ol asyiJrMn¢e conGILJsion th#r#on. Our re5ptsnsibillty is to rtrad the othtrr information and, in ning so. consider whether the other inforrnalion is materially inconslstenl wilh the financial statement5 or our knrjwledgp obtaingd in th• coursa of tha audil, or othèrwisa app$ars to bè materially misstat$d. If wè idèntify such material Incon515tencies or apparent malerial rni5Statements, we are required to deterine Nvhether thi5 gives rise to a matertal misstatement in the fin8nGial stalemenls themselves. If, based on tre work we have perforrned, we conclude that there is mat¥rial misstatttm¥nt of this othèr information, w¥ are rèquirdd to raport thal fact. We have nothing to report in this regard. Oplnlons on other mattgrs proscrSbed by tho Companl8s Act 2006 Iii our opinion, based on the work underiaken in the course of oui audit.. th8 Inlomalon Ven In the IrLJsl89s' roport lor the Ilnand81 ye8r for which the fin8n¢lal stsloments are prepared, whl¢h indudes the directors, report prepared for the purpK)ses ol company law, is consistent wlh the linanoal stslemenls., Iha dirèctors, rèport includad within the trust, r6POrt has an praparod in accordanc8 with applicablè lègal requirements. 16-
VOLUNTEER CORNWALL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VOLUNTEER CORNWALL Matters on whlch we are requSred to report by excepllon In ihe light ol tha knowbdge and understanding ol tho charity and ils environment obtained in the cour8e of the audit. w¥ hav8 not idenlffi8d mat8rial misstal8m8nts in the diractor8' r8POrt included within th8 tru8t8es' report. We have nothing to report in respect of thè Idlowlng mattèrs in r8lalSon to which tha Companlgs Act 2006 rgquir•s us to r8port lo you rf, in our opinion.. adaquat& accounling records hava not baen k8pt, or rgturns adequate lor our audll have nol bg8n recèived from branches nol visit8d by u5.. or Ihe linanaal s18lemenls are not in agreement with the a¢counling records and returns., or ¢ert8in dlsclosures of trusiees. rtsmuneiallon specffied by law ara not made., or we have not received all the information and explanations we require forour audit., or the trustees were not enlilled lo prepare the financial slalemenls in accordance with the small companies regime and lakp. 2dv2ntxop. nl thp smxll r.nmDAnip.s' pxp.mptinn8 in prp.p2ring thp. tnJslpp..s' rp.pnrr And fmm thp rp.qiJirp.mp.nl In prapare a slraleglc raport. Re$ponslbllltlos of trusi•¢8 As expl¥in¢d morg fully in thg slatemgnl of Iru$l¢¢$' r¥sponsibililies, the truste¢s, who org also Ihtr dir$¢lors ol the ¢harily for the purpose of comp8ny 13w, are r95PQll8ible for the preparation ol the financial 51alemenls and for beinA sakn'sfied that they give a true ond lair view, and for such inlerngl ¢ontrol as the trustees determine is no¢¢ssary lo enable Ihp prepargtion of finan¢ial slal?mgnls that ale Ireg fro rnalerial Misstate91, whether dug lo Iraud 01 error, In prgparing the financial stalernents, the trustee5 are re5pcnsible lor assessing the charity's ability lo continue a5 a going Goncem. clisclosing. a5 gpplicable, matters related lo going concern and using the going concern basis ol accounling unless the trustees either intend lo liquidat9 Ihtr charitable company or lo ¢ga$g c)pgr4tions, or havg no rg01islic allginalivg bul lo do $0. Auditor's responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the ffi'nancial statements as a whole are free from material missl¢lemenl, whelh¢r due lo fraud or error, and lo issue an ou¢Jilorfs report that includes our opinion. Reasonable assuranwe is a high levgl ol QBBurance bul is not a guarantee Ih3t L4udil wnducted in L4ccordance with ISA5 IUKI will aayS detect material misslatemenl when il exists. Misstatements can arise trom fraud or error and are considered material il. individually or In the aggrogale, they could r9880nably be expected to Influgnce th& economlc de¢l8lon$ of usgrs18kan on the basls ol these financial slalemenls. Iiregul8ritl8s. includino frBud. ar8 Instances of non-compllance wlth laws And r&gulallDns. Wè dèsign procèdurès In Ilna 1th our responsibilities, ouuined above, to d8tect material mis51alemenls in respecl ol irregularities, including fraud. As part ol our audit work. we ob18ined an understanding of the legal and regulatory fr8mework8 aprlicablg lo the charity and the sector in which they operate. We determined that the law8 and regulatlOn5 surrounding the saleguarding ol vulnerable gIOUP5, health & safely, driver training and dala security were rnost signilicanl lo charity 8s well as the laws and rggulalions that h8v& a direct impacl on tho prtrpar81ion of the financial ststem&nls such as th8 Charities Ael 201 I, Ihe Companies Act 2D06 and cornpliance with the Charities Statement ol Recornm2nded Practice. The specific pro¢edure$ lor this engagetnenl and the exlenl to which Ihese are Capable of deteclitKJ irregularities. including fraud is detailed below.. Review ol the disclosures in the fin¥no81 stalervenls and lesiing lo supporbng docurventalion to assess Gotnpliancg with provisions ol relevant kws and regulations described as having a direct effect on the financial staternent5', Discussion with management as lo compliance with Ihese laws and regulations is monilored,. Enquiries Df management concerning actual and potential litiqation and claims., Performing analytical procedures lo idenlrfy any unusual or unexpected relationships that may indicate risks of material misstaternent due to Irdud., 17-
VOLUNTEER CORNWALL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VOLUNTEER CORNWALL Reviewing minut85 of tru5te8 rneeting5 and corre5pond8nce wth regulalors., Performing audit wotl< in ¢Dnneclion with the risk of management override of controls, in¢l(Jding lesling joumal enlnes for reasonableness and evaluating the business rationale ol significant Iransaclions outside the normal course of business. W& also communicata rèlavant idonts'llad laws and rUtionS and polantial fraud risk to all 8ngag•mgnt leam mèmbèrs and remain alert to any indications of fraud or non-compliant2 with laws and regulations throughout th8 audit. Our audit approach also considgr8d th8 OPPDrtuniti8s and incentives that may 8xist within th8 charitabl8 company for fiaud and identified the greatest potential for fraud being in respect of cut off and completion risk around revenue recognition. Under ISA IUKI we are a150 required to undertake pro¢UreS to respond Ir) the risk ol managernenl override of controls. Our procèdures included lh& following,. Undertakin9 Iransaciional l&Sting on revanue Porforming cut off lesling on income Auditing the risk ol management override ol controls, including through testing journal entrie5 and Olher adjustments lor approprialoness, and $valualin9 Ihg businoss rational¢ for Significant transactions outsid& tho normal ¢oursg of bu5ine55 • Reviewing estirnales and judgements made in the accounls for any indication ol bias and challenged assumptions used by management in making estimatès. 89¢ou$e of Ihg inhgrgnt lirnito11gn$ ol on audil, Ih$r¢ 1$ • ri$k th•1 wo wlll not dtt all irrg9ularitig$, including thofjg 19oding tts a rnalerial mis$lalgmgnl in the linonoal slalgmgnls or non-wtnpli¥ncg with r?gulats'on. This iisk inGrg4$9s Ihg tnorg that compliance with a law or regulation is remov frorn the even15 and Iran5aclions reflected in the financial 5ts1emenls, as Ne will be less likely lo become aware ol instances ol non-compliance. The risk is also greater regarding irregularities occurring ¢u8 to fraud rathér than arror, as Irau(J Involv8s Inténtional concealmanl, lorg8ry, colluslon, omisslon or misr?pr8s8ntallon. A further description ol our responsibilities is available on the Financial Reporting Council'5 website at.. hllps.'Ilwww.Ir¢.org.ukl8udilor$responsibilili¢s This description forms part gf ow auditor's report. UA• ol our r•port Thi$ report is made solely lo Ihg charitable cornpany's rypmbgrs. as a body. in o¢cordance with Chapter 3 c)1 Part 16 of Ihg Companies Acl 2006. Our audit work has been undertaken so that we might slate lo the charitable company's members those matters we are required to state to Ihem in an audilorfs report and for no other purpose. To the fullest extent permitted by law, wg do not accept or assurne responsibility to oth8r than the charitable cornpany and Ihg ¢h&rit8blg romp$ny'¥ members as a t)ody, for our audli work, for thls report. or for the oplnlons we have formed. Josh Stèv•ns ACA IS&nlor Statutory Audltor) for and on behalf of RRL LLP 21 Novembèr 2024 Chartered Accountants statOry Audltor Peat Hou8e Newham Road TRURO Cornwall TR1 2DP 18-
VOLUNTEER CORNWALL STATEMENT OF FINANCIAL ACTtVlTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unr•stri¢tsd Restri¢t•d funds funds 2024 2024 Total Unro8tri¢tsd Re8tri¢l*d fund8 funds 2023 2023 Total 2024 2023 Notes Incom• from= Donations and legacies Chari18blè 8clivth$s Oiher trading aclivits'•s Inveslrnents 5.129 686 792 3.342 1.673 5,129 2,273,580 3,342 1,673 415 374,422 3,751 596 270 2,635,886 1,586,188 3,010.8 3,751 Total income 696,936 1,586,788 2,283,724 379,184 2,636,156 3,015,340 Expondltura on: Charitable aGlivrtie5 644.090 1,358,795 2,002,885 560,273 1.740,417 2,300,690 Net Incom• 52,646 227,993 280,839 1181,0691 895,739 714,650 Translars b8fv488n funds 160,649 1160.5491 218,957 1218,9S71 N•t mov•mant In funds 213.395 67,444 280,839 37,868 676,782 714,650 R•conciliation of fvnda.. Fund ba18nc6s al 1 April 2023 925,736 1,221,695 2,147,431 887,868 544,913 1,432.781 Fund balanc9$ at 31 Mar¢h 2024 1,139.131 1,289,139 2,428,270 925,736 1.221,695 2,147.431 The slalement ol financial activities includes all galns and lossas recognised In th& year. All Income expendlture derfve from continuing aclivilies. 19-
VOLUNTEER CORNWALL BALANCE SHEET AS A T 31 AIARCH 2024 2024 2023 Notes Flx•d ass•ls Intangible assets Tangible assets Investrnenls 13 14 15 3.161 455,476 500 4.215 457,658 459. 137 462,373 Curr•nt a$$•t$ Debtors Cash at bank and in hand 16 666.812 2,097,258 277,071 2,701,861 2,764,070 2,978,932 Crodllors: amounts falllng duv wlthln on• y•ar 17 1794.9371 11,293,874) Nel currenl a58ets 1,969,133 1,885.058 Total JJ••ts l•ss ¢urr8n¢114blllll•s 2,428,270 2,147.431 Ineom• funds Flestricled funds Unre$trl¢lad ILJnds Designated funds General unr8stri¢led fiJnds 20 1,289.139 1.221.695 21 741,582 397,549 672,004 253.732 1,139,131 925,738 2,428,270 2.147.431 These financial slalernents have prepared in accordance with the provisions applicable lo companies subject to the small cornponies regirrE. The financial slalemgnb wgrg approvpd by Ihg Tiu$lg99 on 15 Oclobg12024 J Price Trustee Company reglstratlon number 03562830 -20-
VOLUNTEER CORNWALL STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notss Cash flows from operatlng actlvltl•s Cash (absod byyg8n8raled from operation 25 1591,6151 1.708,113 Inve8tlng aetSvltles Purchase ol tangible fiyed as891 Inveslment income receiv8d 114,6611 1,673 11.9911 596 Net cash used in investing activities 112,9881 11,3951 Net cash usèd In tlnanclThg actlvltl84 N•t Id•cr•a8•llln¢r••s• In ca8h and cash •qulval•nt8 1604.6031 1,706.718 Cash and cash equival&nls at beginning of year 2,701,861 995.143 Cloh and cash equivalenlB at end of year 2,097,258 2.701,861 21
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountSng pollcle8 Ch8rity infowmation Th8 Company is incorporal&d as a limrfed by guarant•8 company under the compleS Act 2Q)6. In th8 ev•nl of winding up, every member is liable lo cL>ntribute a 5urn not exceeding £1 per tnernber loward5 Ihe deb15 and liabilitses of the cofftpany and the costs, char9e5 and expense5 of wnding up. At 31 March 2024, there vdere 8 members12023.. 91. 1.1 Accounting conv•ntion The linan¢ig1 $18iements have been prepared in atcord8nce iyiih Ihe the Companies A¢1 2006, FRS 102 'Th& Financial Reporting Standard applicable in the UK and Republic ol Ireland" I'FRS 102 1 and thè Charities SORP"Accounting and Reporting by Charities.. Statement of Recommend2d Practice applicable to charities preparing their accounts in accordance with the Financ1 Reporting Standard applicable in the UK end Republr of Ireland IFRS 1021" leffeclive 1 January 20191. The charrty i5 a Public B8nefil Éntity as defined by FRS 102. Th8 Ilnancial slalemenis ar6 prepared In 51erllng, which15 tho luncllonal currency ol th8 charlty. Mon8lary amounts th8sa linanclal stAlem8ntS *8 round8d to thè n8ar8st £. The linan¢i81 stalements have been prepared under the histori¢al ¢ost Conven'0n. The principol acoounting policies adopl&d are s&1 out below, 1.2 Going conc•m I he truslees are satisfied that the going concem basis ol preparation Is appropriate. In reaching this conclusion the directors, having made 811 necessary enqliiries, have considered the level ol cash r&serves al the bolance sheet date aiid post year gr. The chaillable ¢on)pany ramalns commlttod lo 118 projects and acllvlllas with grant fundlng relallng lo next year having already been secud. At tho year end tho charity had £2,09T,2fJ8 in th& bank and unre8triGtod re80rv88 01 £1,139.131 which is sufficient to cover the most prudent forecast position. After du6 consideration ol the80 factors. tha Iruslees are satisfied th81 the company will be able lo oparale within their available facilitie5 and continue as a going conc8rn lor the foreseeable fvture- being a period ol no less than 12 months from the date of opprov•l of thoso finon¢ipl $tatemgnts. 1.3 Charllable fund% Unreslricled funds are available for use al the di$cr¥lion ol th? Iruslees in furlheran¢g of Ihgir ch¥rilabl$ objecliveg. Restricted fund5 are subject to specffic conditions by donors or grantors as to how they may be used. The purposes and uses ol the restricted funds arg sel out in tho nolgs lo Ihg linanual Swlemonls. Endowment fund5 are 8ubjecl 10 specifie conditions by donors that the capital mu81 be maintained by thè charity. 1.4 Incorn Income is recognised when the ¢harity is legally enlided to it after any performance conditlDns have been mel, the amounts can be measured reliably, and il Is probable that income will be received, Cash donaiions arKJ rgwgnlsed on rgcelpt. Qth9r donaiions are recognlsgd on¢8 thé ¢harlty has been notined of th8 donation. unless perforrnanc8 conditions require deferral ol Ibe atnounl. Income lax recoverable in relation lo donations ceived under Gift Aid or deed5 of covenanl is recognised at the time ol the donation. -22-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting policies Icontinutdl Lego¢ies a re¢ognised on re¢eipt or otherwise if the ch8rity h8s been ntstified of en impending di$tribution, the amounl is known, and receipt Is expected. If the atnounl is not known. Ihp legacy is treated as a contingenl asset. Grants receivable are r8cognised in the Stsl8menl of Flnanclal ActlvllSes Sn the year to whSch Ih8y relate, Grants ar deferred when ltrh9y rela18 to a specified future period. They may be repayable in certain circumstances. 1.5 Expendlture Exp8ndilur8 is re¢ognisgd once there 1$ a legal c)r¢on$lruGlive obligation lo Ir¥nslei gn01G bgnglit lo a third pany. il is probable that a transfer of eoonomic benefi'is will be required in settlement. and the arnounl of the obligation can be meosured reliobly. Costs are directly attributab to specific activities L)r projects. Where thi5 15 not possible costs are apportioned. This apptsrtionmenl will vary depending on the practicality and the type of acliwity or project involved. With project support osls thi8 gpportunmenl will not normally eiGe8d 15¥0 ol Ihe lol81 value ol the project or activity. OffiGg cos¢5 and property related costs are apportlone(J based an agreed amounts per lunijlng contraGis and any fvrther negotSatlons to rollecl staff limg and r$sour¢g consumpllon lor the proj9¢1. Staff ¢osl$ org appgrtlongd basgd an esllmal& ol Ihg proportion of Iiffle spent by staff on parUGul3r activities or proj8GIs. 1.6 Int8nglbl• flx•d g$$•t$ olh•r ih8n goodwlll Intangible assets acquired separately from a busine5$ are recognised at rxjst and are subsequenlly rneasured al cost l&ss accumulal8d 8morti$alion and a¢¢umul818d imp8irm8nl lossas. Intangible assets acquired on business combinations are recognised separately from goodwill al the acquisition date whore il is proba>le Ihgt the expo¢ted luluro gconomic bgnelits Ihal are attributablg lo the asset will flow lo Ihg onlily and th8 lair valu8 ol the ass&t can be measured reliably.. the inlangible asset aris8s from contractual or other legal rights,, ond the inl8ngible asset is sep8roble from ifip enlily. Amortisalion is recognised so as lo wrrfe off the co81 or valualion ol ass81s1oss Ihgii rgsidu81 valuas over their useful lives on the following base5'. Website 25U/o reducing balancè 1.7 Tangiblo fix•d as$•ts Tangible fixed a55et5 are initially measured al G051 and subsequenly measured at G051, nel ol depreciation and any impairment losses. Deprtrciation is recognised so as lo write off the cost ol asse15 less their residual valu85 over their useful lives on the lullowing bases.. Freehc>ld buildings Fixtures and fi'llings Comput¥r Equipmtnl So yegrs straight line basig 15 years slraighl line basis 4- 5 y8ars straight line basis Land is not depreciated. The 93in or 1055 arising on the disp0581 of an 855et is determined as Ihe difference between the Sale proceeds and the carrying value ol the asset. and is recognised in Ihe statement of financial acts'vities. Equipment purchased for restricted projects is eharged to resc)urces expended in the year of a¢quisilion on the basis that thg assets conc8rn8d will need to be r8tumed at the end of ihe proj8Ct. -23-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting policies Icontinutdl i.e Fixod thsset in¥•JtrnontJ Fixed asset investmenls are initiolly measured Bt transaction price excluding transaction costs, and are subsequently mgasured at lair value al 8&h reporting dale. Changes in fair valuo are rgwgnisgd in ng1 in¢ome/lgypenditurg1 lor thg year. Transaction cost5 are expensed as incurred. 1.9 Imp•irm•nt of f*d a$s•l$ Al each reporting end date. the charity reviews the carrying amoLJnls of its lang1ble and intangible assets lo determine whether there is any indicatb)n that those assets have suffered an impaiiment loss, If any such indication exists. the r8cov8rabl& amCn( of th8 asset is &sllmal•d in ord8r to d8t8rmine the 8xt8nl ol thè Impalrment loss lif any). 1.10 Cash and cash gqulvalgnts Cash and cash w4uivalenls Include cash in hand, deposlts held at call wth banks, olher short-lerm liquid investments wilh ori9inal maturities ol three months or less, Bnd bank overdrafts. Bank overdrafts ore shown wthin tK>rrowings current Ilabllffjès. 1.11 Flnanclal Instrumènts Tho charity has o18cl8d lo apply the provisions ol S&clion 11 '88si¢ Financial In8liumenls' 8nd Section 12'0thor Financial Inslrurnenls Issues, of FRS 102 to all of rts financial instruments. Financial instrurnerits ar8 recognised in the charity's balanc? $h9el when ihg charity becornes party lo the contractual provisions of the instrument. Financial 88sels and liabilities are offsel, with th8 nel arnounls presented in the financial Ylaternenls. when Ihg18 ig a legallv enforceable right lo sel off the recognised amounts and there 15 an intention lo setlle on a net basis or io realise Ihe asset and seiiie Ihe lioblily simultaneously. Baslc flnanclal ess•t$ Basic th'nancial assats, which include debtors and cash and bank balanc8s, are initially measured at transaction prfc8 Induding ir8ns8dion ¢ostS end are subsequently ¢arri9d al 8mortiscd cost using tho effcctive Inlcrosl method unl&ss the arrangemenl conslilules a financing transacti¢, whtrre the Iransa¢lion is measured al the pre50nl value ol the future receipts discounted al a marf(el rate ol inler2st. Financi41 assets classffied as receivable within one year are not amortised. Ba$1¢ flnan¢lal Ilablllrlgs Basic fi'nancial liabilities, including creditors and bank loan5 are initially recogniged at transaction pri unless the arrangement conslitutes a financing transaction, here the debl instrumenl is measured at the present value ol the future payments discounted 81 a market rale ol interest. Financial liabililigs classified as payable within one year are not amortised. Debt instrutnent5 are subsequently carried al arnortised cost, using the effective inter851 rat8 tnethod. Trade credltors org oblig8tlon8 10 Pay for goods or 8ervl¢es Ihai h8ve been acqulrel In Ihg ordlnary wurst ol operations from suppliers. Amounts payable are cL3ssified as current liabilitie5 il payment is due wrthin one year or less. If not, they are piesented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequèntly measurèd at amortis8d ojst using the èffèctivè inl8r8st rn8thod. Derecognlllon olllnanclalllablllti Financial liabilities are derecognised when the ¢h8rity's conlraclual obligaliong expire or are di8chaiged 01 cancelled. -24-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting policies Icontinutdl 1.12 Taxtttion The charity is exempt from tsx on income and geins falling wiihin section 505 01 the Taxes Act 1988 or section 252 01 Ihg Taxation of Chargeable Gains Acl 1992 to the oxlenl that Ihtrsg arg 8ppligd lo 11$ ¢haritable objects. The charity is partially eXet for VAT purposes. The charity's activities are a mixture ol stendard rate, exernpt and non-busin9ss for VAT purpcses. A largg nutnbgr of artivi11gs are classified as non-$18$$ and th8reforg Outsid9 th scope ol VAT. This means that the input tax incurred on the purchases for these projects oannot be realairned and has been absorbed within the activities. 1.13 Employ¥• bnfit$ Th& Cost ol any unus8d hollday enllllem&nl 18 re¢ognl8ed In the p8rSod In whlch th& amployg9's service8 ai8 recglved. Tèmiinalion benefiis are recognised immediately as an expense when the charity is demonstrably committed to lerrninat6 tha &n)ploym&nt ol an amployee or lo provlda 18rmlnalion b8nofi18. 1.14 Retir•fflent ben•fils Payw*nls lo delhed contr1ttiOn rg1Srgmgnl benefll sch&me$ grg ¢har9&d as an 9XPgn$fr 0$ Ih9y fall due. Crlllcal a¢¢ounllng è$tlmatas and ludg8mgnts In the applicatron ol the chanly s accounting policies, tne truslees are required lo make iudgenwnls, e5tsmates and assumptions about the carrying amount of assets and liabilities thal are not readily apparenl from other sources. The esllrn8les and associal8d aysumpllong are based on hislorl¢81 gxp8rlen¢e and other factors that are consldered lo bo relevant. Actual results may differ Iro these eslimales. Th? e81imates and und&rlying assumptions are reviewed on an ongoing basis. Revisioi)s to accounting estimates are recognised in the period in which the estimate is revised where the r8ViSK)n affects only that peri1, or in the period ol Ihe revision and future periths where the revision affects bolh currenl a1 future periods. Donatlons and ID9aclgs Unr¢$lrl¢tod funds Vnre$trl¢t•d Re$trl¢t¢d fund8 funds Tot81 2024 2023 2023 2023 Donations and gwts Legacies receivable 129 5,000 41S 270 5,129 415 270 -25-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from clwrltable actlvltles Uhr•Jtrictsd Rostri¢ted funds funds 2024 2024 Totthl Unrostri¢ted funds 2023 Re8trict•d funds 2023 Totthl 2024 2023 Tr•n5POrt Services provided under contract 405.265 405,265 315,010 315,010 Tralnlng S8rvlc¥s provld8d undar contract 114.816 202 115,018 35,131 35,131 Proj•ci8 Servi¢es provlded under Lor)ir4LI 166.711 1.5116,586 1,753,297 24,201 2.635,006 2,6fj0.167 686.792 1,586,788 2,273,580 374,422 2,635,888 3.010,308 Govgrnm•nt grants Cornw811 Council- £244,52012023'. £651,663) wa5 received to help support the following proiec15', Climate Etnergen¢y, Early Help Hub, Green Impact for Health GP Praclise5, Launceslon Medical Hub, Locality ICA Inequalities- Wesl, Sustainablè Food Cornwall Partn8rship D8velopm8nl and Tall Ships and Ami8d Foic8s Day. NHS. £1,132,72212023'. £1,659,189) was received to help support the fDllowing projects.. Health Inequalities. Con)munity Makars, Exatar Univgrsily Proj9¢1, Grgen Pgarls IRCHTI, HIU - Acute. HIU - Mgntsl Health, Pegr Support Projed and Stroke Befriending. Incom• from oth•r tradlng actlvltl•s Unrèstricted Unrestricted fund5 lund8 2024 2023 Feed In Tarlff Incorne 3,342 3,751 -26-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from Investments VnrÈgtricted Unr•9trictèd funds lunds 2024 2023 Inte1 receivable 1.G73 N•t mov&m•nt In funds 2024 2023 The nei mr>vement In funds Is si8ied after ch8rglngllcredlllngi'. F66s payablts lor ih8 audit of the charity's linancial slal8m8nls Depreciation of own8d tangible fixgd as8818 Amot1isation ol intangible assets Operaling lease char9e5 5,750 16,843 1,054 576 15.011 1,405 -27-
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VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs Support co¥ts Governance Ists 2024Support costs Govefflan¢e osts 2023 Staff costs Depreciation and amortisalion Other staff cosls Travel 180,257 180,257 169,497 169,497 17,897 576 8,099 17,897 576 8,099 18.416 1,201 16.418 1.201 1,011 Slalionary, comput8r supplies and prornotion Rent and rates Light, h8al and pJw8r Rep8lrs, ronew8L8 8nd maintenance Insurance Ttrlephonè Postage Subscriptions Legal and prolassional 3,846 406 627 3,646 406 627 4,104 226 820 4,104 228 820 501 449 1,219 316 1,157 624 501 449 1.219 315 1,157 624 2,204 593 1.401 124 1,641 301 593 1,401 124 1,641 301 Audit foos Accountancy Trustee expenses 6.750 3.000 5,750 3,000 4,000 2,450 40 4,fX>O 2,450 40 215774 8.750 224,524 199,539 6,490 206,029 Analysed b8lw•en Charitable activrties 215,774 8,750 224,524 199,539 6,490 206,029 Gov•rnanca cosls Includas payrnants to the audllors of £S,7(2U2J'. L4,UL)Ul lor audY£ fees and EJ,L>UU12U2J.' £2,45UI ftsr non-audit fèès. Delaib DI tha total support costs incurred ar8 as itemised abov8 by cost item and rdat8 lo cantral offico luncllons required to supp¢rl Volunteèr Comwall's aC'villeS ond proje¢ts. The rèsources expended on charitable activities iiidude tho apportionmonl ol supptsrt costs by projoci 01 aclivily, Where appropriate. costs are always allocaiod dii•¢lly tu an activity or Froitrcl. Wh#r• this is not possibltr, costs arts apportloned. Thtr app[lOnment will vary sllghtly dèpendlng on thè type ol a¢livily or project involv. Regarding projtrct support costs. this app(>rtlDnment will not normally exceed 15% of the total value of thts projtsct or activity incomo, 8lthough this can vary. All support Costs are normally gpportionod staff nurnb6rs bgsad on an ¥stimate ol Ihtr proportion ol ts'mtt sptrnl by siaff on particular activitios or piojecis. 10 Trustèès Non8 011he truslees lor any p&rsons wnngcted wllh thgmi recglved any r$munerallon or benefits from Ihg ¢h8rlty durlng Ihe yeai. -?o-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employees The 8ver8ge mtsnthly number of employees during the yeer w8S'. 2024 Numb•r 2023 Numbgr 37 35 Employmént costs 2024 2023 Wages and $8larles Social security costs Othtsr pension costs 999,211 78.088 26,479 814,583 67,441 22.663 1,103.778 904.687 During Ihg ygar. Ihg Ch8rily made st8lulory rgdundancy paymgnls tolalling £Nil12023.. £2,365) and non-5talulory payments ol £Nil12023'. £Nill. All amounts were fully paid at the year end. The CDSI of tempK)r8ry staff lotalled £57,30012023.' £29,8911. Thère wèrè no èmployèès whosè annual rèmunerallon was moré than £60,000. Remuneration of key management personnel The key man8mnI personn81 of Ihe charlly ar8 the tiustaa8, Chlel Extscuiive, A¢¢ouni8 and Adminl8tration Manager1CompY Secretary, Support and Devdopmenl Manager and HR Manager and PA to the Chief Executive. The total employee benefits ol the key management personnel were.. 2024 2023 A99regate compensation 192,034 192.997 12 Taxatlon The charity is exempt from taxalion on its activilies because all its incorne is applied for charitable purposes. 21
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Intan9lble fixed assets Webslte Cost Al 1 April 2023 and 31 Marth 2024 Amortisation and impairnient At 1 Ppril 2023 Amorh'sation charged lor the year At 31 March 2024 3,339 Carrylng amount At 31 March 2024 3,161 At 31 March 2023 4.215 14 T¥nglbl• flxod oss0ts Fr••hold Flxtur•B ant buildings lilting* Comput•r EquipTh•nt T•lal Co$t At 1 April 2023 Additlons 532,184 47.011 1,467 98.664 13,194 677.859 14,661 At 31 March 2024 532,184 48,478 111,858 692,$20 Doprfyclatlon and Impalrm•nt Al 1 April 2023 Depreciation charged in the year 93,500 8,500 36,B17 2,355 89,884 5,988 220,201 16.843 Al 31 March 2024 102,000 39,172 g5,872 237,044 Carrylng 8mount At 31 March 2024 430,184 9.306 15,986 455,476 Al 31 March 2023 438,684 10,194 8,780 457,658 -??-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Flxed asset Investm8n¢$ Unlistod Invg$lm$nts Co$1 or valuollr>n At 1 April 2023 & 31 March 2024 Carrylng amount At 31 March 2024 At 31 Mar¢h 2023 16 D•btors 2024 2023 Amount$ falling due within on? year.. Trado debtors Prepdyin¥rils and accrued Income 625,814 40,998 227.855 49.218 666,812 277.071 17 Credltorg.. amounts falllng due wlthln one year 2024 2023 Nol•8 Other taxation and so¢lal security Deleried income Paym¥nts réceiv8d on account Trale creditors Other creditors Accruals 42.074 202.764 200 78,189 285,696 186.014 30,5 165,250 1.142 45.798 963,492 87,897 18 794.937 1,293.874 Included wilhin the other creditors balance is £285,69612023 £3,492) which relates to funds held on behalf of third parties where the charity acts as an agent with GardS lo distribution ol funds. During the year the charity received £J64,8J4 of fun(ts in r8lalion to thes8 third parties and distributed £1,042,630 on their b8half. 08tails of ihe balances held a5 at 31 March 2024 are included wthin the Trustees, Report. 18 D•l•md In¢om& 2•24 2023 Olhei dgleri8d incorne 202,764 165,250 Deferred income is induded in the financial statements as folknws.. -23-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Del•rr•d in¢om& Icontinutdl 2024 2023 Dèl$rid incoma is includ8d within.. Current liabilities 202,764 165,2YJ Movein¢nls in tlie year". Deleried income al 1 April 2023 Released from pievious periods Resource5 de18rred ir) the y8ar 165.250 1165.2501 202.7fj4 455,671 1455.6711 1fj5.250 Deferred Income ai 31 Mprch 2Q24 202,7fj4 1fj5,250 Deferred income relates to tsnding received in Bdvance for octivth'es due lo cornmence durin9 2024125. 19 Rllr•mont bgn•flt $¢hgm•$ 2024 2023 Defined contribution schemej Charge lo profil or10g8 in respect of delined contribution schemes 26,479 22,663 The charity operates 8 delirEd conlribulion pensi scheme lor all qualifying etnplo'iee8, The 88se15 91 the scheme are held separately Irom those of the charity in an independently adrninislered fund. -24-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 R•strlcted funds The restrieted funds of the therity eornprise the unexpended bal8nces ol donotion$ and 9r8nts held on trust Subjeet to specific conditions by donori as to how Ihey rnay be used. At 1 April 2023 In¢oming r•sourc8s Resources •xpgnd8d Transfèrs Gain8 and At 31 March loss•s 2024 Extremely Vulnerable ICEVI 11,206 111.2061 Communlly Caré Makars Community Makers Social Prescrlblng Community Developmènt Climate Health- NHS Early Help Hub Community Health and Wgllbglng Workers 68,389 60,OQO 618 523 129.528 6,730 237,675 1184,5881 143.5931 16,224 32,351 119,0211 174 13.504 243,987 52.831 1157,8871 139.0911 124.4871 12.073 126,517 150,778 169,5871 181,1911 120,000 199,2211 120.7791 Locality ICA Inequalities Wesi 113,647 33,717 136.350 50,000 142,5571 175,6831 1207,4401 6,312 The Hubs Vvarrnlh Banks Service NHS Personal Health Smartline Stroke B8fnending Transpori V8ccination Vulnerable Support Fund Peer Support Project Health IneqLJalities Fundlng Training Welrnrne Homelmental Health Winter Pr#ysure 14.346 34.107 144,279 71,381 15,244 123.4881 1219,4431 169,8021 110,6191 119,8641 11.5791 119,1661 327,OQ4 166,168 398,144 3,922 6,674 38,221 127,8201 18,8941 8,381 24,491 16651 23.826 50,560 1,132 1451 11,382 63,029 14,097 275,OQO 1199.4561 12,0131 87,628 86,318 342,471 119.9331 19,933 169,905 1169.9051 -25-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 R•$tri¢t&d funds Icontinutdl Other Funds 24,664 158,800 1111,1241 14.1821 18,3361 59.822 1,221,695 1.586.788 11,358,795) 1160.5491 1.289,139 -26-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 R•$tri¢t&d funds Icontinutdl Prtsvitsus ytsar.. At 1 April 2022 Ineoming r•$our¢e$ Rèstsurcos frxynded Transfors Gains ond At 31 Mthreh los$•s 2023 Extremely Vulnèrablg ICEVI 27,345 114,2371 11,9021 11,206 Communlly Car8 Mak8rs Community Makers Social Prescribing Cornrnunily D•v8lopment DOHICC Social Prescribing Early Help Hub Flood Forum HOPE Tne Hub Wanmlh Banks Service NHS NHS CCG- CovSd Emergency 180,OQO 192.6771 118,9341 88,389 229,425 1184,5151 138,1801 6.730 268,820 1240.0141 3.545 32.351 51,941 6,390 674 12,213 121,5231 137,1451 130,4181 12,5171 18741 112,2131 39,184 38.760 S,488 100,000 1105,4ti71 33,717 350,270 197,004 1316,1631 1199,0901 34.107 144,279 161,365 115,0001 29,172 4,645 9,882 12,122 80,000 43,033 125,3241 18,0841 133,6121 115,9701 15,1801 14,0591 Personal Health Smartline Stroke Befriendin9 Transport Vaccination Vulnerable Support Fund W91com8 Homelmental Health Winter Prgssurgs Community H8allh & W911bging Workers Localily ICA Inequalities Wesl 71.381 15,244 10,190 33,221 126,2931 110,4441 6,674 24,905 14141 24,491 38,838 123,987 1105,9451 16,3201 50,560 161,634 8,271 189,9)5 153,OQO 12,2221 155,722 113.650 131 113,647 P¥¥1 Supp(irL Project Climate Health- NHS 265,820 1247,8541 13,8691 14,LB7 244,000 1131 243.987 -27-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 R•$tri¢t&d funds Icontinutdl Other Funds S,719 203.044 179,8251 1104.2741 24.664 544,913 2.636.156 11,740,417) 1218.9571 1.221,695 DesGrlptlDn. nalure and purpD5e of restrlthd funds Clinically Extrem81y Vuln8r*l8 ICEVI- Support ol CEV people lo support them accessing help and support posl£OVIO. Community Ldre Mak8rs- Suppurt ol p8opl818aving hospltal or support whlch wlll rèmovè th8 naéd lor soméon8 to b8 an Inpfjtlent withw the hospital system, Community Makers- Signposting ol people to support wthin Iheir Iwol cornmunity developing social pit91 and resilience, Soc181 Prescribiro Community Development- Local 8ulhorily funding lo provlde h&lp and support lo paty'ttnls through the NHS and 0th8r organisationa. Clim810 Hg8llh- NHS- NHS Fundin9 to look at ways Ihal pooples trnvironrngnl aff¥¢ls both th¢ir physical and m¢ntg1 health, and ways lo improve this. be il with ensuring open Spaces for people lo enjoy the out doors, or rediJcing people's carbon footprint to help reduce the affects of global warning and its affects on health. Early Help Hub- Working with Comwall Council lo signpost families to help and support in their area. Community Heallh and Vvelbeing Vvorkers - Providing help and support lo the patients trroughoul the NHS and other org8nisations dealing with he811h inequalities. Hospital to Home- Part of the NHS Discharge and Prevention programrne, enabling people to leave h05pilal sooner, by undertakin9 laskg whl¢h are n&9d9d lo makg tbe patients return homg more comfortable ¥nd botttrr for r¢covgry. Locality ICA Inèqualities Wesl- Providing help 8nd support 1¢ thè patients throughout the NHS and other organisalions dèaling with h8allh in8qualil18s In tho Wesl. Thg Hub$ - Hubs for communlly groups and organlsallons to bg ov8llablg lo th9 local communlly. Warrnth Banks Service- NHS grgnt to other orggnisations to provi¢Je w8rmlh spaces and other setvices throughout winl81. NHS. NHS fundad proj•cls NHS CCG- COV EmergetKy- NHS Funding lo tr¢lp with Ihe Covid Ernergency. Personal Health. Fundlng to Indlvl¢Juals to provlde help and support to try and reduce hosplt81 adm15slons. Smartline- Funding held forthe Smartline project working within social housing. Stroke Befriending - NHS funded se1¢e lo help and support stroke survivors. Transport Vacanats'on - Local authority funding lo provide fr88 transportation to peop18 to obtain their COVID vaccination. Vulnerable Support Fund - Financial support lo those in a finanaal need. P8èr Support Project. Mental htralth 5UPPOrt funded thruugh ihtr NHS. -28-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 R•$tri¢t&d funds Icontinutdl He8lth Inequ8lities Funding- This fund is an 8m818em8tion ol the Community Health 8nd Wellbeing Workers 8nd Locality ICA Inequalilies West funds. The NHS provide lundiry to help and supporl patsenls and olher organisalions dealing with heatth Inequalities In Cornwall. Su5tainabl8 Foods- Held on behalf of a third party whilst they s8t up bank accounts to allow them to apply lor funding. Training ProVisn of training lo other third s8clor organisalions. cov8ring man9g8rn8nl skills.18gal r8quir8m8nl$ of charities, safeguarding. and any other area requested by organisations. 21 Unrestrlcted fuTrds The unrestricted funds of the charity comprise the unexpend8d balances ol donations and grdnts which ar8 not subj1 lo specific Conditions by donors and 9ranlors os lo how they may be used. Th&se iude designated funds which have been sel asidè out of unrestricted funds by Ihts Irusl80s for sp8cilic purposes. Al 1 Aprll 2023 IncoMSng r•sourc&$ Rfjsour¢?$ •xpond•d Transf•rs At 31 Mareh 2024 Centre DevelopmentllT Changes in Ackn'vily and Cènlre ExltlDownturn Strat9gy Clitnalg ErnFigenGy Premises Propety Fund Volunteer Infraslruclure Suppori Staff Tiaining G•naral funds 28,984 13341 28.650 124,252 20,323 10,000 448.878 39,567 124.252 19,850 10.(J)O 439.490 50,000 69,340 397,549 825 11,2981 13.1081 3,108 19,3881 10,433 69,340 87,056 253,722 96,111 1639,3501 925,736 £96,936 1644,0901 160.549 1,139,131 Provlou$ yè•r'. At 1 Aprll 2022 Incomlng resources R£sourcos éxpended Transfgrs At 31 March 2023 Centre DeveloprnenVIT Changes in Activrty and Centre ExitlDownturn Strategy Cllmata Erngrg8ncy Pr8rnis8g Property Fund Volunteer Inlrastruelure Suppori General funds 18.9S4 10,000 28,984 122,224 21,733 8.900 459,727 39,567 216,723 2,018 124,252 20.323 10.(XiO 448,878 39,567 253,732 900 12,3101 11.1801 110,8491 2.280 378.284 1545,9341 204,659 887,868 379,184 1560,2731 218,957 925,73 -29-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Unr•$tri¢tsd furnd8 Icontinutdl Description. nalurn and purpose of designated funds C8ntra Devèloprnant I IT - Funding lo cover major updates to IT systems. Changgs in Acllvbty and Centr9 Exil l Downlum Slra19gy- To ¢Dvgr unoxpgcted costs dug lo can¢g1181Son of prole¢ls, such 85 unexped8d redUndanes. Climate Ernergency- To cover costs incurred with the Volunteer Comwall d8clar8d -limate 8m8rgency. Premlses- To Ver prgmis9S &YP9n$$s. Propety Fund - RepSentS Acorn House th81 is fin8n¢ed through tJnreslri¢led funds. Volunteèr Inlrastruelurè Support- Funding to help create and upkèèp the volunteèr inlrastrueturè support. Staff Training - Provision ol training lo our own staff, covering management skills, legal requirements ol charities. seleguarding, 8ny other area requested by organisotions 22 Anatyg58 of net a8sets between funds Unrestrlctsd funds 2024 Restrfcted fundg 2024 Total 2024 At 31 Mareh 2024: Intangibla lixtrd asset8 Tangiblè assats Investments Currenl aJ8etsl{Iiabilitiesl 3,161 444,914 500 690,S56 3,161 455,478 10,562 1,278,577 1,989.133 1,139,131 1,289,139 2,428,270 Unro$trlct¢d funds 2023 R•$trl¢tsd funds 2023 Tot81 2023 At 31 March 2023: Intangible fixed assets Tangiblo 0s5els Inv9s1mgnls Currenl asselsl{Iiabililiesl 4.215 454,116 500 466.905 4,215 457,658 3,542 1.218,153 1,685,LY 925,736 1,221.695 2,147,431 -40-
VOLUNTEER CORNWALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Operating lease commitments Al the reportlng ènd dat• the charlly had outstanding comrnltm8nts lor fuluro rninlmum l•ase paym•nts under non-cancellable op8raling leas88, which fall du8 as follows.. 21124 2023 Withln on8 yaar Between and five year5 3,501 6,532 10.033 R•lat•d party transactlon8 Tnjro Grlckei Gluty- an Or91$8t19n In whlch l JorEs. Ghlef Expoullve Is the Chalr r¢¢elved £700 IZQ23'. £NIII from Ihe harty in re¥ped of room hire and advertising in Ihg ygar. £60012023., £Nill rgmained outstanding as al the ygar end. 25 Cash g•n•rated from op•r4tloni 2024 2023 Surplus for the year 280,839 714.650 Adjustments for.. Invesmeni Incotme recognised In $18iement ol financial a¢tsviies Dèpreciation and impairment of tangible fixed a55ets 11.t?731 17,697 159ts1 16,416 Mov8m•nls In working capital.. Ilncreaselldecrease in debtors IDeuea5ellincrease in creditors In¢reasellde¢reasel in deferred in¢om6 1389,7411 1536.4511 37,514 288.(K)2 980,(fi2 1290,4211 Cash labsorbgd byllgongrjtgd from oporatlons 1591,6151 1,708.113 26 Analy818 of changes in net funds Th& ¢h8rlly had no malgrial debt during the yaar. 27 Audllor's IlabS15ty Ilmltatlon agreement For thtr year endad 31 March 2024, the charily anlered Into a liability Iimitalion agreamont with its auditors, lh8 principal lerms ol which limit the liability of the audilors to £3,500,000 in r6lBtion to their responsibillties as Buditors tsf the charity. Th& dale of the charity agreed this was 16 October 2024. 41
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