ROgt•r0d numb•r: 3530868 Charity number- 1070612 HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE (A company limited by guaranlee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ie412r2023 COWANIES HOUSE
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HYNDBVRN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE (A company Ilmiled by gu•rant••l CONTENTS Page Reference and administratlv• d•tsils of the ¢har•ty. Its trust and advisers Truste8s' report Trust••s' respoTrsibiliti•s sta¢emen¢ Independent examinerfs report 10 Statement of financial a1vItIeS Balan¢e $he•t 12 statement of cash flows 13 Notes to the financial statements 14-25
HYNDBURN AND RI88LE VALLEY COUNCIL FOR VOLUNTARY SERVICE (A compny Ilmited by gu•rnnt••) REFERENCE AND ADMINISTRAMVE DETAILS OF THE ComP4Y. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023 Trusts•s Tony Cox, Trustee (deceased 1 June 20231 Zulekha Dala. Trustee Judith Addison, Tnjstee Allan Clements. Trustee Kimberfey Whitehead, Trustee {resigned 11 January 2023> Compony reglsternd number 3530868 Charlty rtglstsred number 1070612 R•gist•r•d offi Suite 15 The Chambers. Tu4vn Hall Square. Gre81 HarwocMJ. LarKa5hire. 886 7DD Principal operating office SLJite 15 The Chambers. Town Hall Square. Great HaTh11. Lancashirè. BB6 7DD Local authority rtpres•ntalives Richard Newmark- Ribble Valley Borough Cwncil Zak Kahn- Hyndbum Borough Councbl Rupert Swarbrick - Lancashire County Council A¢¢ounl•nts CW Accrxjnlants Limited, 30 Brotherston Drive, Bl8ckbum. Lancashire. 882 4FJ Bankers CAF Bank Limitgd. 25 lfjn9s Hill Avenue. lfjngs Hill. We51 Maling. Kent. ME19 4JQ The tsoperative Bank. PO Box 250. SkelMer%ja. WN8 6WT Soll¢ttors Backhouse Jones Solicitors. The PrinOrks. Hey Road, Cliltr*ro&, 887 9WD Page 1
HYNOBVRN ANO RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE IA ¢ompany 4mited by guarnntsel TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The Twslees present their annual together with ihe financial slatements of the company for the 1 April 2022 10 31 March 2023. The Trustees confirm that Ihe Annual Rert and financial slatements of the crjmpany ¢omply wth ihe current statutory requirements. the requirements of the cornpanYs goveming document arKI the provisions of the Ststemenl ol Recommended Practice ISORPI. appluble to charitres preparirg their accounts in accordanc8 with the Financial Rep(Kling Standard alcable in the UK and Republic of Ireland (FRS 1021 Sincè the eompany qualffies as small under sec11( 383. Ihe stratagK rekM)rt required of m8dium and large companies under The Companies A(1 2006 (Strategic Rep(wl •KI Directotrs Rotx)rt) Regulations 2013 is r1 quired. Objectives and Activities a. POLICIES AND OBJECTIVES To prorwle any dwitable puryxise for the benefit of the cormiunity in the thal government districtg of Hyndbum antl Ribblè Valley and surrounding dislricls arKI, in p8rti¢ular Ule advancement of education. the prot8Ction of health and relief of poverty. distress and sickness. and in furtherance of the said purpo$8. bul not further or otherws8. to promote and oryanise rJ)operab"on in the achievement of the same and to that &nd bring together council representalives of the vrAuntary and slabjlory auitK)ritses wolhin the area of benefit.. b. ACTNMES FOR ACHIEVING OBJECTIVES Hyn¢*)urn and RibtAe Valley Coun¢il for Voluntsry Ser¥io IHRVCVS) is an umbrella Organisation thal exists to support and develop the wmmunity arKI vduntary seclor in Hyndbum and RIbe Valley and S0Vndtn9 districts. Our w(wk also has a wider irnpact by sharing skills and working in partnership with other Voluntary, Community and Faith Sector (VCFSI organisations and wth the publi¢ sedor, including L8n¢aShl County Council. Hyndburn Borough Counul. Ribble Valley Council. NHS East Lancashire Integrated Care Board and three Primary Care NeMrks- HdbuM Rural, KIbUrn Central and R1bblesde. (The arrangements with Hyndbum Central ceased al the en(J of June 2023.1 All activities this year were plarrnd, develcped. and implemented wth stj regard to the publio benefits lo the ppIe and orgarmsations that we serve. The Public Benefits of HRVCVS have responded to the ¢hanging need of OUT beneficiaries and to the third sector.lhis has been both proactive and reactNe as organisations wathin Ihe third sector are under increasing pressure lodeliver more actNities for less fur)ding. The overall objects've is to support arKI stren9lhen the sustainabilty,independence, and ability of the VCFS to deliver services and activities that support individuals and communitiesin Hyndbum and Ribb ValW and the surrounding areas. This objective has been fully Met via range of activities and inleThentWlS Ihat have derrStrated our cornwitlmenl to support the Ihird seclor. In all activities the trustees have had due regard to the guidance publshed by the Charity Commission regarding public benefit aThY this has informed our business pkn and futu strategies. lUdIng assessmenl of risks. an(1 ensuring that new projects. activities and services a aligned to the charili8s aims and purpose of being. c. VOLUNTEERS Volunteering We continue to develop volunteering in Hyndbjm and Ribble Valley. through vofunleering brokerage. Working with Voluntary Sector groups to generate volunteer ¥acanues alongside svpports'ng polenlkgl volunteers and helping them lo fmd surtable placemènts. Use of voluntoers The role of volunteers is importanl to us. We use a digital platfomi Called Better knpact lo ensure each Volunteer Page 2
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOL'UNTARY SERVICE {A company Ilmlted by guarantee) TRUSTEES. REPORT {conlinued) FOR THE YEAR ENDED 31 MARCH 2023 has their journey recorded and value can be added lo their role arKI the opportunib.es availab. Eath volunteer we engage has a role desuiplion and has ongoing support from a member ol staff. The Charity'5 trustees are also volunteers, giving their time and expertise freely to offer govemance and support to the charily, their cOntri1)n is essents"al. We have ensured that for each task we have COMpted a risk assessment, working with our insUrS lo make sure that the volunteer5 are induded in our cover. Safeguarding training is availabbe to all volunteers and DBS checks are perfomed where necessary. Achievements and perfomian . REVIEW OF ACTwmes We currentty operate out of fv40 bases- In Greal Harn{ at the Chambers wthin the Old Town Hall and one in the Centre of Clitheroe which is The Hub adjoining Trinty Church. Social Prescribing, volunteering. administratiThJ small grants for voluntary groups. supporting community. voluntary and faith sect¢y organisations, providing netsvorks and forums and being a Tepresentative voi¢9 for the Voluntary Faith and Conynunity Sactor within HbuM and the Ribble Valey continue to be tho prioritles for HRV CVS. Activitie$ and Pro Core s•r¥icès and project Pfianag•ment The charity currently receives core funding via 8 grant agreement wtth East L8ticashire NHS Integrated Core Boaid and uses eamed income via management project fees and by undertaking some paid work lo underpin our main functions of a CVS which is broadly divwjed into four aas. Informatlon and adv1¢• We provide infom)alion and adwce on all aspects of setting up and rnIng a voluntary group. induding gimdance on funding and funtlraising ath"vilies. legal. finan(aal and policy advti and managing projects. We also provide a range of inf(ffmation and advice on issues of g)od practice in supportiThJ volunteers votunt8oring. Dev•l¢>pment Work We work with a diver5ty of new and existing grpS to help them develop new proi8¢ts arid expand or improve their seTvices and acliwlies to meet local ne¢d. The development work also involves fa¢ililating and encouraging joint projects and activities bewn diffenI organisab'ons including ststulory and private. Devekjpment work is delivered as a combinatK)n of core acttvity and projed work and is an area we continuously progress. The Chief Officer sits on the Steering Group for the Hburn Way and HRVCVS are actively seeking lo position themselves as the faalilator of The HKIbUrn Way la collaborative of voluntary and statutory partners across Hyndburnl in the futu. Ualson and Representatlon We organise local events, forums. meetings. and conferences so that groups can get together to nehvork. gather infomalion, improve COMMUntion channels. share good practice, discuss issues of concem and work lo address gaps in service or better use of ulee$. The facilrtation of these forums and meetings also encourages groups to woth together lo deveknp We"al new OT ryroved services arKI avoid duplication. HRVCVS also represent the voluntary. community and faith sector at various local and regional events. strategic boards and partnerships- this strategic representaiion is an important 80 of work that is expanding so that the sector can be engaged in kxal decigon making and respond lo the ehallenging limes and the impaet of public sector funding cuts, especially around the CInic Commisshming Agenda for Pennine Lancashir8. Page 3
HYND8URN AND RIB8LE VALLEY COUNCIL FOR VQLU14TARY SERVICE (A compary Ilmlted by guar•nt••) TRUSTEES. REPORT (continued} FOR THE YEAR ENDED 31 MARCH 2023 Support We support individuals wishiro to vohJnteer. aTrJ organisations that use vojunleers. In addttion lo this we support slafulory and public serwces in severa inrbatives and seThices. Soelal pr¢s¢rlblng During this year we saw our srtkgl Prescribing team woik kn)th Ythin GP practice and out in the Ccwnmunlty. In this time our team a$Sted people in the folhm.ng ways. Through Social Prescribing nonrfnedieal inlervenknns Supporting Groups Admrnistering Small Grant Programmes Brokering Volunteering Hosting Nets¥orks. Events and Forums Delivering a Voice for East Lan¢ashire's VCF Sert b. ACHIEVEMENTS AND PERFORMANCE On December 16 2022 our bankers ICAFI ckjsed the charities bank aco)unt and issued a eheque for the balan¢e in the account. CAF dosed Ihe account because information about Trustees had t been provided lo them by a member of staff. This member of staff has since left the chanty. It look several weèks for the charity to sel up a new bank ac(yJunl but with support from Community CVS Blackbum and the board ol Tfustees th charity conb.nued to operate until 1he new bank account was opened on 8 February 2023. The Trustee Board viewed this as a serious incidenl and reported it to the Charity Commission. Incident No. 582990.Aclions have been taken t oprevent a wurrence by wlsourcing key elements of Finance and payroll lo Carter Clear Accounting. The Charity has perfofmed well in the face of continued Ulertaiftty and ¢hange'. the have been many notable athievemenls rn all areas of the charitls work. . We supporttrd 660 individuals alongside over 400 member organtsatsons between April 2022 and March 2023. . Of these 416 had in dèpth support * We helpe¢J 44 volunteers lo find new opportunities thrwh the collknrative Volunteer Hub • We fa¢ilrtated 6 dfftèrènt lonJm$ to bring the VCFS together on matters of interest . We attended 19 different forums and events to represent the sector . We continue to enjoy positive relatinslps wilh Local ALttr#yitses, The Prwnary Care NetsvoTks and the East Lancashire Integrated ca Board. . We have continued to utilise our Facebook aThJ T7Miter a¢¢ounts ong5ide our website ¢. GRANT POLICY HRV CVS often facililale5 or manages grant schemes. We manage a scheme on behalf of the Eric Wright Trust which aims lo support small community groups. We also manage a sooal prescribing grant for small voluntary organisations on behalf of the East Lancashire Integrated Care Board, who also asked us lo manage a non- recurrent public heath funding pot. t4hi¢h we did The HXIbUrn Way. Al all limes we aim to be falr and transpaTrrrt at all levels and en$e that Correct procedu$ are in place whatever OUT role. We have built up strong and positive link$ with a range of furKlets and we are #b to promote a range of grant5 in partnership wlh grant making organisalions arKI trusts. Our group support officer meets wtih groups around fvnding to enab them to become sustainable in delivering their services in the ¢ommunibe$ of HKIburn arKI Ribble Valley Flnancial review . GOING CONCERN Page 4
HYNDBURN AND RIBBLE VALLEY COUNCL FOR VOLUNTARY SERVICE (A company Ilmited by guarnnteel TRUSTEES. REPORT (¢ontlnued) FOR THE YEAR ENDED 31 MARCH 2023 After making appropriate enquiries, the trustees have a reasonable expectabon that the company has adequ8te resources to continue in operational existance for the foreseeable future. For this reason they continue lo adopl the going concem basis in preparing the financial ststements. Further details regarding the adopti'on of the 90ing concem basis can be found in Accounting PolIe$. b. REVIEW Thg Truslees re¢give written arKI verbal finanaal information quarterfy al the board meetings and are able to have a clear picture regarding the income and expenditure of the charity over that quarter and also the longer tem forecast. This enables the Trustees lo regularty remew the financial srtuation of the charity and make infomed decisions regarding the stalfirtg. expendrture and other str8teyi¢ derisions to secure the sustainability and wellbeing of the charity, when necessary. a fiftan and stsffjng suroUp is arranged to resolve a problem or give more time to making decfyons. c. INVESTMENT POUCY AND OBJECTIVES The Charity invested funds into the CAF deposit account until its closure and plans to open a new deposit account with Co-op bankirwj. d. RESERVES POUCY The Management Committee has considered the chartys requirements for reserves in the light of the main risks lo thè organisation. The trustees hawng taken a¢¢ount of minimum stsffing levels and overheads eslimale that Currendy 8t least £270,000 per year is needed to provide an effectNe servKe as H&RV CVS. The mlnimum annual expenditure require(J will be recalculated each year. 11 has been $01Ved that the org8nisation slthld have al le8St a third of this amcwnt lequlv81ent to four m¢)nlhs or £90,000) in reseNe. Unrestricted desvJnatei1 reserves at 31st Marth 2023 lotslled £92.407 and are considered to be sufficient. We maintain a ThJundan¢y ffjserve is adjusted annually lo ensure that we will always be able to Tr1 this obligation. How expondllure has support•d objethes All expendilure can be qualrfied 85 SiVKM)rting the key objecbves of the charity, all potential activity expenditure, especially core, is carefulty anaty5ed to ensure that it will bring a benefit lo the VCFS or individuals supported by the charity. Th8 main projects that the chanty delNers have a sel of milestones and largets that are set against a budget", thts expendilure is managed by the Chief Officer who has Strateg Sk51b1lity lo ensure that Ihe monies awarded are used on the agreed acts'vities. Strucre. goveman¢e and management •. CONSTITUTION The company is registered as a charitablg wnpany thmited by guarantee and was sel up by a Memorandum of Association on 0210711998 . Page 5
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR voLUNTly SERVICE {A company limit•d by guawantsel TRUSTEES. REPORT (continued FOR THE YEAR ENDED 31 MARCH 2023 The company is conslituted under a Memrandum of ASSOCIon dated 0210711998 is a registered charity number 1070612. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The man8gem8nl of Ihe Company is the resFKJnSibIty of the Trustees who are elected and Cowopled under the tern of the Article5 of AssociatKJn. Trustee s•l•¢tlon moth5 Tnjstees a elected from our membership. there is a three r rotation of trustees standing down lo create vacancles, but ihese Trustees are able to stand again rf they wish. Nomination forms are deliverwj to all membership organisatims for them to n¢)minate a r$On lo stsnd as a trustee. if there are more nominations than pla¢es then a simple vole takes pce at the AGM trj elect twstees into the p)5itions. Where there are vacan¢ies mid tem) or fojlowng the AGM our members are infom)ed of the vacancies and asked for nominations. however rf the organisation is K)oking for particular skills or knowledge to enhance the role of the board of trustees then ddU8IS from member organisation can be approached. New trustees loin the board mid temi stand down to enabje them to be elected in the fomial process at the folh)wing AGM. There still continues to be vacanaes on the bo¥d of trustees throughovt thè ar, this is a common problem in the sector al the moment, but it is hoped increased membwship ovar this financial year and a$ we go into 202> 2024 will encourage more nominations at the next AGM. Indu¢tion and training of Trustees. This year we have continued lo implement gcod Prac around the recTuilm8nl. induction and support of our Trustees in line wilh the guidance from the Charity Commission This indudes the fomial a¢ceptance of the roles and responsibil"eS of trustees and a full introduction to Ihè CVS. Al new and exists'ng trustees are asked lo complete a skills audit., which hhlightS areas of strength and weakness so that any training or capacty building can be included in training for trustees. c. ORGANISATIONAL STRUCTURE AND DECISION MAKING The charity is governed by a board of TnJ51ees are elected from Ihe d)arit*s VCFS membfjrship and meet at least quarterly to discuss charity an¢1 company business. There are 12 places on the board of trvstees plus places f(Y eath of Ihe three local authorities to nominate a representative. Al Trustees have an equal vole bul the local authority represenlalives tjo not have a fomal vole as they are not required to become company directors formal truste of the chanty Day to day management of the charity is the reSFKJnsiIrtY of the Chief OffKeT who reports diredy lo the board of Trustees. The Chiel Officer is responsible lor Ihe lin8 managernt of all members of the staff wljo are in lum responsibl8 for the line management of volunte?rs and the day to day operation of the project. Chairman line manages the Chief Officer. The Chief Officer drafts a rewt on Ihe actith and progres$ of Ihe H&RV CVS and il's projects lCh ar Page 6
HYNDBVRN AND RIBBLE VALLEY COUNCIL FOR VOLVNTARY SERVICE IA Company Ilm1¢ by guarantso) TRUSTEES. REPORT (continued} FOR THE YEAR ENDED 31 MARCH 2023 presented at the quartedy twstee board meetings. Staff are also wcasionally invited lo these meetings to giv• a verbal report on their work. There is also a standing agenda item al all stsff meetings 'il8ms the board. whrch allows any matter to be raised and taken lo the board for disojssion and decision. The Chief Officer also presents a managen reFx)rt on all areas of activities and th8 financial reports are presenled by Ihe finance offKer. Govemance and strategic decisions ate made by the board of tnjstees based on this infomation enabling them to make informed choices regarth.ng Ihe direclpJn of the charity and wnplementiThJ any changes needed to secwe ils future d. RELATED PARTY RELATIONSHIPS HRVCVS works within its charitable obiectNe$ to supwrt a number of k¢al. regnal and national objectives. As an organisation we a working w¢th ststutory organisations to improve the lives of local people and wmmunities. for example East Lancashire Integrated Care Board. NHS Lancashire and Cumbria. both local aulhOrits, as well as a number of strategic partnerslips and neiworks. The HRVCVS Board of Tmstees is also a¢b"vety involved in various tyganisations that strengthen the skills and knowledge availabte to ihe HRVCVS and allow doser partnersfv"p working and mutual benefits that benefrt the sector. Each of the Lancashire CVS'S SenKJr Managets has a Goveming role lhI the Lancashire Assockgtion CVS Company ILACVSI which is owned equalty by 811 of the six CVS'S ift Lancashire and is be able to lender or apply for regional or sutrregional grants or i))nlracts and represent the sector {company number 64022161. e. RISK MANAGEMENT A review of all major risks lo which Ihe charity is exposed has been conductsd. A risk assessment document has been estsbli$hed and is upilated al least annualty and reported to the Trustses. Whets appropriate, systems procfjdures have bn established to mrtale ri5k5 Ihe chanty faces. In addition to this the staff meet regularty lo take advantage of any lundry opportunity and development of future projects or seNices and in line wlh best practi consider risk as well as advantages in proceeding with a new project or seNi¢e. Intemal &trol risks are minimised by implementalion of wocedures for althorisatn of all transactions and projecls. Procedures are in Fdace lo ensure compliance with heallh safety of slaff, volunteers. truslees and visitors to the offices. All new employees are glven inductron Into heatth safety and health and safety training is available. Plan$ for future periods a. FUTURE DEVELOPMENTS The board of Trustees are ¥&int in safeguarding thè future of our organisation and regularly to assess the Page 7
HYNDBURN AND RI88LE VALLEY COUNCIL F.OR VOLUNTARY SERVICE IA company.lknlled by guar•i)t¢e) TRUSTEES. REPORT Icontinuedl FOR THE YEAR ENDED 31 IIARCH 2023 current situation and are quite prepared to make drffiojlt decisions if required. A risk assessment review document is upJated annualty and reported to the trustees accordrngly. We are confident that we will safeguard and maintain our Presence as a respecled CVS aThJ continue to push forward with new projects afid new inilialives. The charity has built up an excellenl rePUtatn and is well krwn for delivering projects. on time. on b81 and exceeding expedalions. this wll stsnd us in stead for the fiJiuffj. We will continue to deliver the well-respected East Lancashire Integrated Carn Board Social Proscribing Scheme within our localities which runs well PCN partners and the distribution of a10¢81 communty grant scheme 5UPPOrting many very worthwhile projects. This report was approved by Ihe Twstees. on 1611& l ar SYJ ned on their behalf by. 1025 Tru$to0 Tn¢•0 Pa9e 8
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERwce IA ¢ompany limlted by guarnntee} TRUSTEES. RESPONSIBILMES STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 The Trustees {who are also directors of Hyndbum and Ribbk Valley Counol for Voluntary Service for the purposes of company lawl are responsible for preparirrfj the Trustees. report and the financial statemenls in accordance with applicable law arKI Urdted Kingth)m Awinling Standards (Uniled Kingdom Generatly Aecepted Accounling Practtce}. Company law requires the Trustees to prepare finanoal statements for each financial year. Under company law the Trustees musl rw)t approve Ihe financial ststements unless they a satisfied that they give a twe and fair view of the stste of affairs of the charitable company and of Ihe incoming resources and 8ppli¢ation of resources, including Ihe income and experKIFture. of the charitable rAJrnpany for that period. In preparing these financial statements, the Trustees are required lo.. select sui18ble a)UntiJ rA)IleS and then appty them o)nsistenty. observe the melhods and prieS ofthe charib.es SORP.. make judgments and accounting estimates that are reasonable and prudent." slate whether applicable UK Accounting Slandarts have been ftAlowed. subject lo any material departures disdosed and explained in the finanrAal statements: prepare the finanual statements on the going o)rKem basis unless it is wwppropriate to presume that the charitable company will continue n Operatn. The Truslees are responsible for keeping adequate acUnting records thal are sufficient tr) show and explain Ihe charitable cornpanys transactions and disckise reasonable ac(JJracy at any time the financial F*)silion of the tharitab company and enable them to ensure that the finanaal statements comply with the Companies Act 2006. They are also responSie for safeguarding the assets of the charitable company and hence for laking re8s0nable steps for the prevention and detectKJn of fraud and other irregularlties. The Trustees are responsible for the rnaintenan¢e and integrity ol the ¢orporale and financial infomation included on thè charitable companls website. Legislation in the United Kingdom goveming the pparatitsn and dissemination of financial statements may dfftr from legislation in olherjurisdictions. Pag8 9
HYNDBVRN AND RIBBLE VALLEY COUNCL FOR VOLUNTARY SERVICE (A company Ilmlt•d by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRVSTEES OF HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE (th• 'company') I report to the charity Tnjstees on my examination of the accounts of the company for the year ended 31 March 2023. This report is made soldy lo the compan$ Trustees. as a body. in accordance wth Part 4 of the Charities (Accounts and Reports) Regulations 2008. My vrt)rk has been undertaken so that I might state to the companls Trustees those matters l am required lo slate to them in an Independeni examiner's report and for no oiher purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the company and the ¢yJmpanVs Tnjslees as a bc*Jy. for my or for this pOrt. RESPONSIBILrriES ANO BASIS OF REPORT As the Trustees of the company land its rfirectors for the purposes of company lawl you a spOnSible for the preparation of the accounts in accordance th the requ1ments of the Companies Act 2006 Ilhe 2006 Arf). Having satisfied mysdf that the accounts of the company are not reqUd to be audited under Part 16 of the 2006 Act and are eligible foi independent examination. I report in respect of my examination of the companls accounts carried out under seclion 145 of the Charities Act 2011 Ilhe 2011 Acfl. In carrying out my examination I have folk)wed the Direction5 given by the Charity Commission under seclion 14515)Ib) of the 2011 Acl. INDEPENDENT EXAMINER'S STATEMENT Since the companys 9r05s income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. l confirm that l am qualffied to undertake the examination because l am 8 member of Association of Chartered Certsfied Aco)untants . which is one of the listed bodies. I have completed my examination. l Can confwm that no matters have come to my attention in connectlon with Ihe examination giving me c8use to believe.. accounting reconls were not kept in res of the company as required by section 386 of the 2006 Acl.. or the accounts do not accord wth those records". or the accounts do not comply with thg aGcounting reqU1ments of section 396 of the 2006 Act other than any r9quiremenl that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination-, or the accounls have not been prepared in accorfance with the methods and prinaples of the Slalemenl of Recommended Practpce for accounting and retthing by Charities lapplicabbe to ¢harilies Preparing their accounts in 8CCOTdance 1th the Finan(ial Reportiry Stsndard applicable in the UK and Republic of Ireland IFRS 102}1. I have no concems and have come across no other matters in connection wth the examination lo which attention shoukl be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Dated. lalia IAoa3 Courtney Wright FCCA CW Accountants Lirnite(l. The Boulevard Centre. Blackbum. Lancashwe. BB1 1EZ Page 10
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE IA company Ilmlled by guarantsel STATEMENT OF FINANCIAL ACTMTIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted Restrlcted funds funds 2023 2023 Total funds 2023 Tot81 funds 2022 INCOME FROM.. Chairtable activities Trading achvities Investment income 422.888 482 467.370 383,809 90 39 512 512 TOTAL INCOME 423.400 44,482 467,882 383, 738 EXPENDrruRE ON: Charitsble ath"vrties 379,227 61,621 440,848 404,076 TOTAL EXPENDITURE 379.227 61.621 440.848 404.016 NET INCOME I (EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND LOSSES NET MOVEMENTIN FUNDS 44.1n 44.173 (17.139) (IT.139) 27,034 27.034 (20.2T8) (20.2T8J RECONCILIATION OF FUNDS: Tolal funds broughl forward 167.496 19.315 1N811 207,089 TOTAL FUNDS CARRIED FORWARD 211.669 2.176 213,845 186,811 The notes on pages 14 to 25 fomi part of these finanual Statements. Page11
IYNDBURN'Ai4DIRIBBLE.VALLEY.GOUNCIL'F.OR VOLUNTARY.SERVICE'. {A"¢omp.any.limlteil by.9uar•ntse)k -"<REGISTEREDINUMBER:,3530868= BALANCE SHE SAT 31 MARCH 2023 2023 2022 FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash al bank and rn hand 10 1.732 189.079 74.231 8,276 179.579 263.310 187,855 CREDITORS: arnwnts fairing wilhin one year 12 (51.197) (4.508) NET CURRENT ASSETS 212.113 183.347 NET ASSETS 213.84S 186.811 CHARITY FUNDS Restricted funds Unreslrictad fun¢Js 13 13 2.176 211.669 19,315 16T,496 TOTAL FUNDS 213.845 186.811 The companys finanal statemerrts have been prepared In accordance with the provlsions applicable t companies subject lo tho sm811 comp8nie5 regime. The Tru$lees ¢on$ider that the Company is entitled to exenytn from the requirement to have an audit under the provisions of section 477 of.the Companies Act 20061.the Acl'} and members have not reqUId Ihg company to oblain an audit for the year in Question in aCCordare wth section 476 of the Act. The Trustees acknowfedge their responsibilities fty complying th the requtrements ol the Companies Act 2006 with respect to a¢c¢rtJnting records and the preparatn of financial statements. The financial statements le approved and auth(¥tsod for issue by the Tnjstees on signed on their behalf. ty. ia1131aol3 and Trust•¢ Tnte¢ The notes on pages 14 to 25 form part of theso fffwnoal statements. Page 12
HYNO8URN AND RIBBLE V*LLEY COUNCIL FOR VOLUNTARY SERVICE . IA ¢¢xnpany Ilmited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Not• Cash flows from oporaling activiti•$ Nel cash used in operating aclivitse$ 15 1105.348) (24.614) Cash flows from Investing a¢tlvbtl•s: Purchase of tangible fixed assets {5, 196) Net cash us•d in investing activitses (5, 196) Change in cash and cash equ•valeTrts In the year Cash and cash equiv81ents brought foma (105.348) 179.579 129,810) 209,389 Cash and Cash equlvalents carvled forward 16 74231 179,5T9 The notes on pages 14 to 25 form part of Ihese finanixal ststemenls. Page 13
HYNDBURN ANO RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE (A company Ilmlt¢d by guar•ntse NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2023 ACCOU14TING POUCIES 1.1 Ba$l$ of prnparation of finan¢l•l stt•ments The ffinancial statements have been prepared in acc4Jrdance vrith Accounting and RepctiNJ by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounts in a¢¢ord4no wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 20151- (Charities SORP (FRS 10211. the Financial Repthng Standard applicatAe in the UK and Republic of Irdand IFRS 1021 and Ihe Companies Act 2006. Hyndbum and Ribble Valley Council for Vduntsry se meets the definition of a public benefit entity under FRS 102. Assets and Irats"lib"es a inilialty recognised al historical cost or transacti value unless otherwise slated in the relevant ac¢ounkn"ng PDIicy. 1.2 R•¢oncilialion with wevlous Genernlfy Acceptsd A¢¢ountlng Practice In preparing these 8c¢ounts. thè Trustees have considered whether in apYing the accounting policies required by FRS 102 ar the Charilies SORP FRS 102 the restatement of ¢omparativ8 items was requirnd. No restatements were required. 1.3 Company stalu$ The Company is a e(wnpany limited by guarantee. The members of the company are the Trustees named on page 1. In the evenl of the company being up. the liability n SpeCt of the guarantee is lirniled to £1 per member of the company. Paoe 14
HYND8URN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE (A company Ilmlled by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES Icontinu•d) 1.4 Inc¢)m• All in¢ome re¢ognis&J once the company has enlitbement to the inc4)me. it 1$ probable that th8 income wil be re¢ewed arKI the amOt of ino)me recer¥able can be measured reliably. For aaes, enternent is taken as Ihe earlier of the date on which either.. the company is aw8re thot Probate has been granted. the estste has been finalised and nolificalion has been made by the executorlsl to the Trust that a distribution Vi1l be made. or when a distribution is recewed from the estate. Receipt of a legacy. in whole or in part, is onty considered probab whèn the amounl can be measured reliabty and the company has been notified of the execulorfs intention to make a distribution. Where lega¢ies have been notifie(I to the ¢(Mnpany. or the company is awBre of the granting of probate. and the criteria for income recognilK)n have not been met. then thè Wcy is treated as a contingent awt and disclosed rf material. Oonate(S serViS OT facilFties are reeognised the company has control over the item, any condilions asswated th the donated item ha been met, th8 receipt of economic benefit from the use of the company of the item is probable and that eCormi¢ benefit can be measured reliably. In a¢cordan¢e with the Charilies SORP (FRS 1021. the general volunteer time of the Friends is not recognised and refer lo the Trustees, reivt for infomiation about their contributicfft. On receipt, (k)nated professional services and donated faalities are recognised on the basis of the value of the gift to the company which is the amount the company woukl have been willing to pay lo obtain Services or facilities of equrvalent economic benefit on the open market.. a corresptsnding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to donalKffis received der Grft Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverab in rtion to investment inc(Mne is recognised al the time th8 investment inwne is Ie1V?bJe. Other income is reujgnised in the perltsy in whi( it ts receivable and to the extent the goods havo been provided or on MpletiOn of the service. Page 15
HYNDBURN AND RI8BLE VALLEY COUNCIL FOR VOLUNTARY SERVICE {A company Ilmlt•d by guaraThts¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POUCIES (contlnued) 1.5 Exp•ndilur• Expenditure is recognised On there is a regal or constructive obligation to transfer aconomic benefit lo a third party. it is probable that a transfer of economic benefits wll be required in settlement and the amount of the obligation can be measured reliabty. Expenditure is classified by activity. The costs of each actiwty are made up of the total of direct SIS and shared costs. including support costs invdved in undertaking each activty. Dit costs attrilble to a single aclNity are allocated direclly to that adivity. Shared costs whh wntribute to more than one activity and support costs which are not attributable to a $ingle activity a apportioned befften those aclivilies on a basis consislent wilh the use of resources. Centrd stsff $ts are allOted on the basis of time spenl. arKI depreciation drge$ allocated on the portion of Ihe asset's use. Govemance costs are Ihose incurred in connecbon adminislralion of the mpTry and coryliance with conslitutional arKI staiutory requirements. Charitsble activities Governance costs are costs incurred on th8 compaws operations. including support $ts and costs relatiry to th8 govemance of the company apportioned to Charitsble actiwties. (>ants payable are charged in Ihe ar wtsn the offer is made except in those cases where the offer is Condrtional. such grants being recognised as expenditure when the condiknons attaching are fulfilled. Grants offered subject lo condiltons which have not been al the year end are noted as a commitment, but not a¢uued as expenditure. 1.6 Tumover Tumover comprises revenue recognised by the company in respect of goods and services supplied during the yeor. exclusive of Value Added Tax and trade discounts. 1.7 Tanglbl• flxed assets and dewxlatlon All assets costing more than £1.OW are capitalised. A review for impaim?enl of a fixed asset is Carried out rf events or changes in ¢ir¢umslan¢e$ indicale Ihal the carrying value of any fixed asset may rKJI be reeoverable. Shortlalls befven the Carn9 value of fixed assets and Iheir Tecoverable amounts are re¢ognised as impaim)ents. Impairment b)5ses are recognised in the Statement of finanoal a¢tiwties inco018tiny income and expenditure accounl. Tangibl8 fixed assets are Caled al net of depreciation and any provision fof impaimienl. Depreciation is prOVed at rates calculated to wrile off the cost of fixed assets. less their estirnal8d residual value, over their expected useful knves on thg fdlowing bases.. Office equIpnt Computer equipment Other fixed assets Written off over 3 years 66% reducing balance- written off in 3 years 25% str*il line 1A Int•f•sl M¢•lvable Interest on funds hetd on deposit bs included when re¢ervable and the amount can be measure¢J reliably by the company. Ihis is ntNmally upon rLOtificali¢m of the interest paid or payatAe by the Bank. Page 16
HYNDBURN AND RI8BLE VALLEY COUNCIL FOR VOLUNTARY SERVICE {A company Ilmited by guaranle•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES (¢onllnu•dl 1.9 Debtors Trade arKI other debtors are Tecognised at the setllement amount after arry trade discount offered. PrepaentS are valued at the amount prepa net of any Iraje discounts due. 1.10 Cash at Bank and ln hand Cash at bank and in hand Ind cash aThJ short term highly liquid investments wlh a short maturity of three months or $ from Ihe dale of acquisition or opening of the deposit or similar account. 1.11 Llabllltl•s and provlslons Liabilities are recognised when there is an oblwjalion at the Balance sheet date as a result of a past 8vent. it is probabkg that a transfer of economic b8nefft will be requir8d in settlement. and the amount of the Settment can be estimal8d reliably. Liabiliiies are recognised at the amount that the company anti¢ipat8S it wll pay to setue the debt or the amount it has recerv8d as advanced payments for the goods or servrces it musl provide. Provisions are measured at the best estimate of the amounts requiretl to settle the obligalKy). Where the effect of the timg value of money is material. the provision is based on the present value of those amounts. drscoLtnled at the pre-tax discount rate that reflects the risks specFfic lo the liability. The unwnding of the discount IS cognised thin inlwest payable and gmilar Charges. 1.12 Taxatlon The company 1$ conSered to pas$ the tests set ¢yJt in Paragraph 1 schedu 6 of the Finance Act 2010 and therefore it meets the definition of a charitable MpanY for UK corporation tax purposes. Accordingly, the company is potentially exempt from laxation in respecl of income or capital gains re¢eNed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains A¢t 1992. to the extent that such incomg or gains are applied exduslv8 lo charitstye puwjses. Pagé 17
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR vOLuNTy SERVICE (A eompany Ilmlt•d by guarnnlee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNnNG POLICIES Icontlnued) 1.13 P•n$lon$ The company operes a defined contrityjbon Tr$i(l sthenw and thg pension charyo represents the amounts payable by Ihe company to the fund in respect ofthe ygar. 1.14 Fund a¢¢ountlng General fvnds are unrestricted funds which a available for use at the discrelion ol th8 Trustees in furtherance of Ihe general objectives of Ihe MPanY and thich have nol been designated for other purposes. Designated funds ¢omprise unrestricted funds that have been sel aside by the Trustees for partiojlar purposes. The aim and.use of each designated fund is set out in the noles to the financial stalernents. Reslricted fvnds are fvnds which to be used in accordance specifi¢ reStr110nS imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds a charged against the Specif fvnd. The aim and use of each re5trrcted fiJnd is set out in the notes to the finan¢ial statements. INCOME FROIIJ CHARABLE AcnvmES Unro$trithd Restricl•d funds funds 2023 2023 Total funds 2023 Totol funds 2022 Total incomo from various charitstrje acts"vihes 422,888 44.482 467.370 383.609 Total 2022 383.609 383,609 INVESTMENT INCOME Unrg$tri¢ted R•$trl¢ted funds fvnd$ 2023 2023 Total fund$ 2023 Total funds 2022 Investment income 512 512 39 Total 2022 39 39 Page 18
HYNDBVRN AND R188LE VALLEY COUNCL FOR VOLUNTARY,SERVICE {A company Ilmit•d by. guarantee) NOTES TO THE FINANCIAL STATEIAENTS FOR THE YEAR ENDED 31 IAARCH 2023 ANALYSIS OF GRANTS Grants to Institutions 2023 Total 2023 Tolal 2022 Grants payable to ¢)ther oryJaniS8US 162.347 162.347 59,539 Tol812022 59.539 59,539 ANALYSIS OF CHARITABLE EXPENDITURE Charbtable activities Total 2023 Total 2022 Staff travel and subsistence General office costs incl rent Telephone, Intemel and fax Printing. w)slage arKI statbonery Equipment and repairs Insurance Computerl IT costs Subscriptions Training and events Consultancy Volunteer expenses Wages and salaries National insurance Pension cost Depre¢iali 1.405 15.974 9.478 939 1.078 1.115 1.199 701 619 1,405 15,974 9,478 939 1,078 1,115 1,199 701 619 1.554 1.474 16.451 6.097 2.218 7.076 757 4.240 3.286 8,396 259.605 11.701 18.938 1.732 218,957 9.326 11.505 1,732 218.957 9,326 11.505 1.732 275.582 275.582 341.971 Total 2022 341,971 341.971 GOVERNANCE COSTS Unyestrictod Restrict•d funds funds 2023 2023 Total funds 2023 Totsl funds 2022 Accounlancyl Legal and Professional fees Bank ¢harges 2.856 2.856 63 2.458 48 2.919 2.919 2,506 Page 19
HYND8URN ANO RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE IA company Ilmlted by guaranlee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NET INCOMEI{EXPENDrruRE) This is stated after Charging: 2023 2022 Depreu'alion of tangible fixed assets: - ovmed by the charity 1.732 1.732 trIng the year. no Trusteas received any remunerat)ft {2022- £NIL). During the year, no Trustees received any benefits in kind12022- £NIL}. During the year, no Trustees received any re1MrSeMent of expenses12022- £NIL}. AUDITORS. REMUNERATION The Independent Examinels remunel*ic am(xmts to an Independent Examination fee of £ 45012022 - £ 400}. Page 20
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE (A cornpany Ilmft•d by guarnnt¢el NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 STAFF COSTS Slaff costs were as folbws.. 2023 2022 Wages and salaries Social security costs Other pensiLM costs 218.957 9.326 11.S05 259.605 11,701 18,938 239.788 290,244 The average number of persons emplo5J by the company duriry the ypar was as follows.. 2023 No. 2022 Finance & Volunteer Crdina10T CVS Administrator Community Cc*)rdinators ISThial Presuibing Link Wcrfkersl Chief 0ffi¢or 11 10 14 t3 No emplo>ee received remuneratffi arUnting to rrhxe than £60.000 in either r. 10. TANGIBLE FIXED ASSETS oiric• •quipment Computer Oth•r fixed •qu•pm•nl assets Ttknl Cost At 1 April 2022 and 31 March 2023 12.148 20,591 37,585 DepY•ciation At 1 April 2022 Charge for the year 20.591 34.121 1.732 1.732 At 31 Marth 2023 10.416 20.591 35.853 Not book value At 31 March 2023 1,732 1,732 At 31 March 2022 3.464 Page 21
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE IA company Ilmlted by guar•nte•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 11. OEBTORS 2023 2022 Olher debtors PrepayThents and accrued income 189.079 276 189.079 8.276 12. CREDITORS: kniounts falllTrg du• withln y•ar 2023 2022 Othef taxation and swial seci Aecruals and deferred i0 10.747 40.450 4.108 400 51.197 4,508 13. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at 31 March 2023 Balance at 1 April 2022 In¢orne Ewnditure Deslgnated funds Designated Funds 92.407 92.407 Gener¥1 funds General Funds 75.089 423,400 1379.2271 119.262 Tolal Unrestricted funds 167.496 423.400 1379.227} 211.669 R•strleted fund$ ELCCG 19.315 41482 161.621) 2.176 Total of funds 186.811 467,882 (440,8481 213,845 Page 22
HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNT*RY SERVICE (A company limit•d by guaran1••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 13. STATEMENT OF FUNDS (continued) STATEMENT OF FUNDS - PRIOR YEAR Balance at 31 March 2022 88lance al 1 Apnl 2021 Trnnsfers in/otsl Income Expenditure Designated Fur$ General Funds 65,733 26,674 92,407 108.904 22,514 (29,655) (26,674) 75.089 Restrl¢ted funds ELCCG PCN LACVS Eric Wright Hyndbum BWD CVS 8ig Lottery Fund Active Lancashire 7 1.423 1T2,332 165.966 (164,440) {165.966) (7.064) (1.221) (T. 143) (7.58TJ (72.665J (8.275) 19.315 1.221 7.143 7.587 12.665 8.275 32.452 361,224 (374,361) 19,315 SUMMARY OF FUNDS- CURRENT YEAR Balan¢• at 31 March 2023 Balanu at 1 Aprfl 2022 Incomo EXpendIra Designated funds General funds 92.407 75.089 92,407 119.262 423.41NJ (379.2271 167.496 19.315 423.400 1379.22n (61.621) 211.869 2.176 Reslrlcted funds 186,811 467,882 {440,848) 213,845 Pagg 23
HYNDBURN AND,RI8BLE VLEy COUNCL FOR VOLUNTARY SERVICE (A company limlt•d by gu*rant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 13. STATEMENT OF FUNOS (continu•d} SUMMARY OF FUNDS - PRIOR YEAR Balance al 31 hAarch 2022 8alan¢8 al l April 2021 Transfors in/out Income Expgnditu 0esi9nated lunts General funds 65, 733 108.904 26.674 (26,674) 92.407 75,089 22.514 f29.655J 1T4.637 32,452 22.514 361.224 129,655) (374,361) 167.496 19,315 Restricte(I funds 207.089 383. 738 (404.016) 186,871 Desi naled Funds The Degnated Fund set aside for the speufic purposes; 1. Capital Fund1£10.0001 2. Redundancy Contingenw {£24.758> 3. Conb'ngency Fund {£50.000} 4. IT Upgrade (£7.6491 Restricted Funds A definibon of each r8stricted lund 1$ fjxpkined bo1(w'. Ea51 LancaShI Clinical Commissioning Grants- A small gfants scheme facilitated by the CVS to support new projects around GP Soc3al prescribing in the Hynthum and Ribble5dale Areas. Eric Wright- This was lunding received for Var)uS organisations based on the small grant projramme. . Hyndburn - This is an enhanced. Ilised fvnd. Communty Fwndation- Fynd relating to COVID Albert Hunt- Fund relaling to COVID Big Lottery Fund - This fvnding prowd8s enhanced OPFrfunities for those Ihat HRV CVS support through the social prescribers scheme and also those indNiduals that are not supported. Page 24
HYNOBVRN AND RI88LE VALLEY COUNCIL FOR VOLUMTARY SERVICE IA company Ilmlted by guarantoe) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR Unrnstrlcted R¢$trlctèd funds fund$ 2023 2023 Total funds 2023 Tangible fixed assets Current assèts Creditors dv8 thin one ypar 1.732 261,134 151.1971 1.732 263.310 151.1971 2.176 211.669 2,176 213.845 ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR Unreslrided funds 2022 Restricted fvnds 2022 Tof81 funds 2022 Tangible fixed assets Current assets Creditors dve within one Jear 3.464 768,540 (4,508) 3.464 181.855 (4.508) 19.315 167.496 19,375 186.811 15. RECONCIUATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOVI FROM OPERATING ACTIVITIES 2023 2022 Net incomel{expendilure} for the (as per Statement of Finanaal A¢tivitiesl 27.034 (20,278) Adjustment for". Depreci8tion charges Increase in debtors Increase in creditors 1.732 1180,803) 46.689 1.732 (8.071) 2,003 N•t ¢a$h uyd in operatlng activits 1105,348) (24,614) 16. ANALYSIS OF CASH AND CASH EQUNALENTS 2023 2022 Cash in hand 74.231 179.579 Total 74.231 179.579 Page 25