Company registration number: 3505634 Charity registration number: 1070790
Nottingham Community and Voluntary Service
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2024
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Nottingham Community and Voluntary Service
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 to 9 |
| Balance Sheet | 10 |
| Statement of Cash Flows | 11 |
| Notes to the Financial Statements | 12 to 25 |
Nottingham Community and Voluntary Service
Reference and Administrative Details
Trustees Christopher Ball Michael Khouri-Bent Jane Todd Will Burchell Matthew Posaner Eunice Campbell-Clark Senior Management Team Jules Sebelin, Chief Executive Officer Charity Registration Number 1070790 Company Registration Number 3505634 Registered Office Dryden Enterprise Centre Nottingham Trent University Dryden Street Nottingham NG1 4FQ Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL Solicitors: Freeths 80 Mount Street Nottingham NG1 6HH Bankers Unity Trust Bank plc Nine Brindleyplace Birmingham B1 2HB
Page 1
Nottingham Community and Voluntary Service
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2024.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Roy Taylor (resigned 11 January 2024) Gerri Bright (resigned 30 November 2023) Stephen Knott (resigned 27 July 2023) Christopher Ball Michael Khouri-Bent Jane Todd Will Burchell Matthew Posaner Eunice Campbell-Clark
Structure, governance and management
Nature of governing document
The charity is a company limited by guarantee and a registered charity. It is operated under the rules of its memorandum and articles of association incorporated 5 February 1998 as amended by special resolution dated 12 June 1998, 29 October 2001, 18 October 2004 and 5 November 2010 and by Certificate of Incorporation on change of name dated 4 May 2010. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
Recruitment and appointment of trustees
There should be a minimum of 6 and not more than 15 trustees/directors. The trustees are proposed by associate members, appointed at the Board meeting and must retire after they have served three full calendar years. Retiring trustees may be re-proposed and appointed for a further term. The Board have the right to co-opt up to five trustees who must retire each year, but are eligible for further co-option. At all times the number of co-opted trustees must be less than the number of appointed trustees up to a maximum of 5.
Objectives and activities
Objects and aims
The objectives of NCVS as set out in the articles of association are:
a) The advancement of citizenship and community development particularly the promotion of the voluntary sector, volunteering, capacity building and the efficiency and effectiveness of charities and similar organisations;
b) Any charitable purpose for the benefit of the community and in particular the advancement of education, the furtherance of health and the relief of poverty, distress and sickness;
c) Organise co-operation in the achievement of the above purposes and to that end bring together representatives of the statutory authorities and voluntary organisations engaged in the furtherance of the above purposes.
Page 2
Nottingham Community and Voluntary Service
Trustees' Report
Objectives, strategies and activities
We support Nottingham's voluntary sector through: • Volunteering: Improving the quality of volunteering and breadth of volunteering opportunities across the city; • Voluntary sector development: Strengthening the voluntary sector’s capacity to help its clients through promoting best practice, funding advice and training;
• Voices: Speaking up for the voluntary sector on issues crucial to its future, and increasing the sector’s access to, and influence upon, decision makers.
Public benefit
NCVS’s activities benefit voluntary sector organisations, individuals and the interaction between the statutory sector and the voluntary and community sector in Nottingham and its environs. The Board of Trustees have considered public benefit and concluded that:
-
The aims of the organisation continue to be charitable;
-
The aims and the services delivered give identifiable benefits to the charitable sector and both indirectly and directly to individuals in need;
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The benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay; and
-
There is no detriment or harm arising from the aims or activities.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
During the year most staff continued to work from home. Staff have been coming into the office at Loxley House, Station Street NG2 3NG more frequently, but not enough to increase the number of desks hired. We adapted well to working from home and moved all training and network meetings online, which has proved successful. We have had a few in-person events but online attendance still seems to be better attended.
The CRM continues to provide the backbone for our extensive communications. The improved CRM system and website have also given us a better platform to provide vital support and information to groups and charities in Nottingham. The platform has maintained a steady number of individuals signing up for volunteering opportunities and 300 to 400 opportunities are available at any given time.
We increased readership of the e-bulletin and also increased engagement across our social media channels. We strive to provide relevant and useful information for the sector which is invaluable for small organisations who do not have time to seek out the information themselves.
Our one to one delivery of support has remained the same, but this is restricted by the funding arrangements in place with various area and community based leads. We continue to offer most training online.
The Green Social Prescribing Pilot paused in May 2023 to await the final evaluation of the programme, which will determine future funding. We continue to champion Green SP at a local level while awaiting a decision from central government.
Page 3
Nottingham Community and Voluntary Service
Trustees' Report
The PDU has also been awarded additional resources in order to increase the reach of the platform under the Changing Futures Programme, this is a new role of PDU Events Coordinator.
We have two new Community Engagement roles to achieve better health outcomes for Nottingham's under-represented populations. Funded by Changing Futures to work within ethnic communities to raise awareness of Severe and Multiple Disadvantage.
We have an important role in helping to facilitate representative partnerships which fully recognise the strengths, challenges and interests of our diverse local voluntary, community and social enterprise (VCSE) sector. Together, our networks are a voice for the voluntary sector in local, regional and national policy planning and development, leading to improved service delivery for all communities. Our work with Nottingham’s voluntary and community sector gives us a vast reach into the sector including local charities and community groups, not for profit organisations such as social enterprises and community interest companies, faith groups and communities of interest. Our reach is illustrated by the following examples:
• This year more than 500 groups are provided with group and volunteer development support, consultancy and training;
-
Over 400 groups participate in our Provider Networks (Children & Young People, Vulnerable Adults and
-
Leaders of Volunteers);
• Our e-bulletin and social media channels reach over 5,000 combined subscribers;
• We bring our knowledge of the sector to the Health & Wellbeing Board, One Nottingham Board, The Growth Board, Nottingham Place Based Partnership Executive, The Nottingham & Nottinghamshire Integrated Care System, among many others;
• We host a Green Social Prescribing Pilot, one of 7 national test and learn sites;
• We host a Practice Development Unit delivering learning and support for those working with people experiencing Severe and Multiple Disadvantage;
• We are working in partnership with the Integrated Care Board on a Social Prescribing and Community Development programme;
- We are founder members of the N&N Integrated Care System VCSE Provider Alliance.
Financial review
We acquired additional project income through the year. We are continually developing new areas of work within health and social care which will be an important source of future income. We have had to pause the Green Space Programme but anticipate that will be back on board within the next financial year. Aligned to that we are working with Nottingham City Council to deliver the Active Travel Social Prescribing Programme.
Our presence within the Changing Futures Programme continues to grow through expansion of the Practice Development Unit (PDU) as well as the Specialist Navigators coming on board. We are a significant partner in a high profile programme tackling challenges faced by people experiencing Severe and Multiple Disadvantage (SMD). The programme is fulfilling local system priorities and is building the business case for recurrent funding.
Being involved in these types of delivery programmes allows us to build our reputation as a trusted partner and helps to offset some of the costs of our core services. It also allows us to continue to bring benefit to and raise the profile of the voluntary sector with public sector partners.
Page 4
Nottingham Community and Voluntary Service
Trustees' Report
Policy on reserves
NCVS needs reserves for three reasons:
-
To cover short term requirements (for instance, where contract or grant income is delayed, where up front expenditure is required or where there are termination costs of a project);
-
To enable NCVS to undertake projects without funding if necessary;
-
To provide working capital.
Our ideal position would be to hold free reserves sufficient for six months operation.
The Trustees review the reserves position annually as part of the budget approval process and take action both then and where necessary during the course of the year to ensure that reserves are satisfactory.
Plans for future periods
Activities planned to achieve aims
We have become very aware of how much health has an interest in the voluntary sector and as an infrastructure organisation we are a natural gateway to foster relationships between the health and voluntary sectors. However, as health is such a big partner we must be mindful not to pursue working with health to the detriment of other partner relationships. We must take a balance approach to developing income streams that will also sustain and grow our core services and support functions.
We are taking part in a working group with Notts Healthcare Trust as a commissioner, to develop a Voluntary Sector Commissioning Strategy. We believe once that is in place it will encourage other system commissioners to adopt the same approach.
We also view Nottingham City Council as a primary stakeholder and are making the case to bring the 'Support for the Voluntary Sector' element of grants back to a centralised function. We know that the level of funding previously received from NCC will not be likely to be achieved in the future.
We will also have income from investment of the building sale proceeds which will allow us to ensure that at least a baseline of support and development will be available to Nottingham's voluntary sector. We will revisit the investment on a regular basis to ensure that we are getting best value and maximising its potential.
Page 5
Nottingham Community and Voluntary Service
Trustees' Report
Statement of Responsibilities
The trustees (who are also the directors of Nottingham Community and Voluntary Service for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Jane Todd Trustee
Page 6
Nottingham Community and Voluntary Service
Independent Examiner's Report to the trustees of Nottingham Community and Voluntary Service ('the Company')
Independent examiner’s report to the trustees of Nottingham Community and Voluntary Service ('the Company')
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
John O'Brien MSc, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:.............................
Page 7
Nottingham Community and Voluntary Service
Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Investment income 5 Total income Expenditure on: Charitable activities 6 Total expenditure Gains/losses on investment assets Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 102,017 8,922 110,065 221,004 (176,585) (176,585) 72,944 117,363 117,363 2,926,292 3,043,655 |
Restricted funds £ - 400,230 - 400,230 (400,295) (400,295) - (65) (65) 228,892 228,827 |
Total 2024 £ 102,017 409,152 110,065 621,234 (576,880) (576,880) 72,944 117,298 117,298 3,155,184 3,272,482 |
(As restated) Total 2023 £ 52,549 377,037 68,517 |
|---|---|---|---|---|
| 498,103 | ||||
| (671,903) | ||||
| (671,903) (83,082) |
||||
| (256,882) | ||||
| (256,882) 3,412,066 |
||||
| 3,155,184 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 13.
The notes on pages 12 to 25 form an integral part of these financial statements. Page 8
Nottingham Community and Voluntary Service
Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
These are the figures for the previous accounting period and are included for comparative purposes Year ended 31 March 2023
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Investment income 5 Total income Expenditure on: Charitable activities 6 Total expenditure Gains/losses on investment assets Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 52,549 14,999 68,517 136,065 (163,046) (163,046) (83,082) (110,063) (110,063) 3,036,355 2,926,292 |
Restricted funds £ - 362,038 - 362,038 (508,857) (508,857) - (146,819) (146,819) 375,711 228,892 |
Total 2023 £ 52,549 377,037 68,517 |
|---|---|---|---|
| 498,103 | |||
| (671,903) | |||
| (671,903) (83,082) |
|||
| (256,882) | |||
| (256,882) 3,412,066 |
|||
| 3,155,184 |
The notes on pages 12 to 25 form an integral part of these financial statements. Page 9
Nottingham Community and Voluntary Service
(Registration number: 3505634) Balance Sheet as at 31 March 2024
| Note Fixed assets Investments 8 Current assets Debtors 9 Cash at bank and in hand 10 Creditors: Amounts falling due within one year 11 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds 13 Unrestricted income funds Unrestricted funds Total funds 13 |
2024 £ 2,649,921 37,294 635,455 672,749 (50,188) 622,561 3,272,482 228,827 3,043,655 3,272,482 |
(As restated) 2023 £ 2,478,372 69,606 729,369 |
|---|---|---|
| 798,975 (122,163) |
||
| 676,812 | ||
| 3,155,184 | ||
| 228,892 2,926,292 |
||
| 3,155,184 |
For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 8 to 25 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Christopher Ball Trustee
The notes on pages 12 to 25 form an integral part of these financial statements. Page 10
Nottingham Community and Voluntary Service
Statement of Cash Flows for the Year Ended 31 March 2024
| Note Cash flows from operating activities Net cash income/(expenditure) Adjustments to cash flows from non-cash items Investment income 5 Revaluation of investments Working capital adjustments Decrease in debtors 9 Decrease in creditors 11 Decrease in deferred income 11 Net cash flows from operating activities Cash flows from investing activities Purchase of investments 8 Income from dividends 5 Net cash flows from investing activities Net decrease in cash and cash equivalents Cash and cash equivalents at 1 April Cash and cash equivalents at 31 March Reconciliation of net cash flow to movement in net funds Decrease in cash Net funds at 1 April 2023 Net funds at 31 March 2024 |
2024 £ 117,298 (110,065) (171,549) (164,316) 32,312 (38,070) (33,905) (203,979) - 110,065 110,065 (93,914) 729,369 635,455 (93,914) 729,369 635,455 |
2023 £ (256,882) (68,517) 21,628 |
|---|---|---|
| (303,771) 179,684 (471,724) (765) |
||
| (596,576) | ||
| (2,500,000) 68,517 |
||
| (2,431,483) | ||
| (3,028,059) 3,757,428 |
||
| 729,369 | ||
| (3,028,059) 3,757,428 |
||
| 729,369 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 12 to 25 form an integral part of these financial statements. Page 11
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Nottingham Community and Voluntary Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 12
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
Deferred income
Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:
- The donor specifies that the grant or donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual items of office equipment costing £5,000.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Replacement of existing premises equipment within the building is written off in the year it is replaced.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Office equipment
Depreciation method and rate 25.0% straight line
Page 13
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
Fixed asset investments
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
2 Income from donations and legacies
| Donations and legacies; Donations from companies, trusts and similar proceeds Donations from individuals Grants, including capital grants; Government grants |
Unrestricted funds General £ 42,806 182 59,029 102,017 |
Total 2024 £ 42,806 182 59,029 102,017 |
Total 2023 £ 47,508 41 5,000 |
|---|---|---|---|
| 52,549 |
Page 14
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
3 Income from charitable activities
| Grants Registration Consultancy Services Training & courses |
Unrestricted funds General £ - - 2,852 - 6,070 8,922 |
Restricted funds £ 399,348 - - - 882 400,230 |
Total 2024 £ 399,348 - 2,852 - 6,952 409,152 |
Total 2023 £ 362,038 54 - 4,330 10,615 |
|---|---|---|---|---|
| 377,037 |
4 Grants & donations
| 4 Grants & donations |
|||
|---|---|---|---|
| Framework Housing Association Nottingham City Council Gedling Borough Council Ashfield Voluntary Action Natural England NHS Nottingham & Nottinghamshire ICB Locality Historic England Nottingham Hospitals Charity NHS England Community Action Derby Nottingham Financial Resilience Partnership Robin Hood Charity Trust Nottingham & Nottinghamshire Refugee Forum Groundwork Greater Nottingham The Renewal Trust The Bestwood Partnership Sundry donations |
Unrestricted funds £ - - - - 400 59,029 - - - - - - 26,000 5,806 4,350 4,000 2,250 182 102,017 |
Restricted funds £ 136,100 98,490 77,800 45,352 10,050 8,800 7,200 5,000 4,982 2,800 2,000 774 - - - - - - 399,348 |
Total £ 136,100 98,490 77,800 45,352 10,450 67,829 7,200 5,000 4,982 2,800 2,000 774 26,000 5,806 4,350 4,000 2,250 182 |
| 501,365 |
Page 15
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
5 Investment income
| Unrestricted funds General £ Income from dividends; Dividends receivable from other listed investments 110,065 6 Expenditure on charitable activities Unrestricted General funds £ Restricted funds £ Affiliation fees, memberships & subscriptions 2,053 - Bad debts - - Bank charges & fees 559 - Investment charges 11,432 - Communications 2,440 1,975 Grants repaid - - Internal charges & overheads (161,092) 161,092 IT costs 39,558 3,449 Office costs & hospitality - 240 Printing, postage & stationery 381 2,655 Professional fees 7,701 124 Publicity, marketing & events 663 839 Staff costs (incl travel, freelance staff, recruitment & training) 242,571 189,086 Sundry expenditure - - Grants made - 12,500 Consultancy 252 6,950 External Room Hire 59 13,535 External Trainers 3,700 7,850 Insurance 1,664 - PayPal charges 116 - Premises Rent 24,528 - Removal Costs - - 176,585 400,295 |
Total 2024 £ 110,065 Total 2024 £ 2,053 - 559 11,432 4,415 - - 43,007 240 3,036 7,825 1,502 431,657 - 12,500 7,202 13,594 11,550 1,664 116 24,528 - 576,880 |
Total 2023 (As restated) £ 68,517 |
|
|---|---|---|---|
| (As restated) Total 2023 £ 1,025 1,123 538 7,063 9,851 6,000 - 22,778 230 3,579 7,937 4,755 418,118 73 119,531 16,247 4,831 23,567 1,487 151 22,641 378 671,903 |
Page 16
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
7 Staff costs
The aggregate payroll costs were as follows:
| The aggregate payroll costs were as follows: | ||
|---|---|---|
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2024 £ 391,640 19,093 15,697 426,430 |
2023 £ 376,979 19,501 14,467 |
| 410,947 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees | 2024 No 19 |
2023 No 17 |
|---|---|---|
16 (2023 - 13) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £15,697 (2023 - £14,467).
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £49,850 (2023 - £45,864).
8 Fixed asset investments
| Other investments | 2024 £ 2,649,921 |
(As restated) 2023 £ 2,478,372 |
|---|---|---|
Page 17
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
Other investments
| Other investments | ||||
|---|---|---|---|---|
| Cost or Valuation At 1 April 2023 Revaluation At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 9 Debtors Trade debtors Prepayments Accrued income 10 Cash and cash equivalents Cash on hand Cash at bank 11 Creditors: amounts falling due within one year |
Listed investments £ 2,478,372 171,549 |
Total £ 2,478,372 171,549 2,649,921 2,649,921 2,478,372 2023 £ 61,607 6,778 1,221 |
||
| 2,649,921 | ||||
| 2,649,921 | ||||
| 2,478,372 | ||||
| 2024 £ 25,593 7,351 4,350 37,294 2024 £ 18 635,437 635,455 |
||||
| 69,606 | ||||
| 2023 £ 41 729,328 |
||||
| 729,369 | ||||
| Trade creditors Other taxation and social security Other creditors Accruals Deferred income |
2024 £ 12,042 6,556 27,927 2,568 1,095 50,188 |
2023 £ 40,191 7,929 35,263 3,780 35,000 |
|---|---|---|
| 122,163 |
Other creditors includes £25,400 (2023: £32,151) of grants that have been received to be redistributed and therefore these funds are not for the benefit of NCVS.
Page 18
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
12 Obligations under leases and hire purchase contracts
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| Land and buildings Within one year |
2024 £ 6,840 |
2023 £ 5,940 |
|---|---|---|
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Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
13 Funds
| 13 Funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General General Restricted funds Community Champions Community Engagement (IAPT) PDU Green Space DISPP Partnership Project Nottingham MBLC SMI Co-Production & Engagement CCG Patient Engagement Ashfield Voluntary Action Community Engagement (Prevention) NNRF COI Small grants Captain Tom Gedling Borough Council Heritage Buddies Locality Social Prescribing & Community Development manager Research Engagement Network Programme Specialist Navigator Thriving Communities Travel Well Nature Buddies Total restricted funds Total funds |
Balance at 1 April 2023 £ 2,926,292 2,296 37,792 12,019 19,398 (1,598) - 49,450 5,213 50,394 1,740 - 7,747 7,970 (287) 36,758 - - - - - 228,892 3,155,184 |
Incoming resources £ 221,004 - 774 146,600 3,198 14,300 982 - 46,352 - - 4,000 77,800 5,000 7,200 - 8,800 35,292 2,000 37,000 10,932 400,230 621,234 |
Resources expended £ (176,585) (535) (11,956) (89,297) (22,596) (10,960) (982) (49,450) (51,565) (29,942) (1,740) (4,000) (7,747) (12,970) (6,913) (36,758) - (25,563) (2,000) (30,367) (4,954) (400,295) (576,880) |
Other recognised gains/(losses) £ 72,944 - - - - - - - - - - - - - - - - - - - - - 72,944 |
Balance at 31 March 2024 £ 3,043,655 1,761 26,610 69,322 - 1,742 - - - 20,452 - - 77,800 - - - 8,800 9,729 - 6,633 5,978 |
| 228,827 | |||||
| 3,272,482 |
Page 20
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
The specific purposes for which the funds are to be applied are as follows:
Community Champions funding is a partnership between NCVS, Health and Nottingham City Council to train and develop volunteers to deliver positive messages about health and wellbeing and to help people to overcome vaccine hesitancy.
Community Engagement IAPT funding is to employ a Community Engagement Coordinator to work with community groups serving the South Asian Population to find out why they don't access psychological therapies.
Changing Futures is the continuation funding for the Practice Development Unit (PDU) which engages people working with those experiencing Serious and Multiple Disadvantage in learning and development activities. An additional role was funded in this programme year. Changing Futures is also funding 2 Community Engagement roles to work with ethnic minority groups to raise awareness of Severe and Multiple Disadvantage.
Green Space funding is part of a national Green Social Prescribing pilot programme to test if people's mental wellbeing can be helped by undertaking nature based activities rather than being prescribed medication. We work closely with community groups that are taking the referrals.
DISPP Partnership Project 22/23 funding to work with disability focused organisations to help their members engage in physical activity towards better health outcomes.
MBLC funding is for a Volunteer Coordinator to work with volunteers overcoming vaccination hesitancy within Nottingham's Black Communities.
SMI Co-production & Engagement funding to work with community organisations to find out why people with Serious Mental Illness do not take up services.
The funding from Ashfield Voluntary Action was for a Patient and Public Engagement programme to find out about local patient experience by working through voluntary organisations that support them, then reporting back to the CCG. This funding has been extended until March 2026.
Community Engagement (Prevention) to fund a Community engagement programme to encourage the take up of childhood vaccinations amongst Romanian speaking communities.
NNRF COI Small grants is to enable small organisations working with NNRF to access NCVS training.
Captain Tom is from the NHS Charities Together to fund six community groups to deliver positive messages about COVID vaccines, deliver culturally appropriate counselling services and to organise BAME self help groups.
Funding from Gedling Borough Council through the UK Shared Prosperity Fund to develop a support model for VCSE organisations operating in the Gedling area. This led to a further proposal to deliver the chosen model.
Heritage England funding was used to develop training for Heritage Buddy schemes.
Nottingham City Council in partnership with Locality to undertake a review of the NCC Grants for the voluntary sector programme.
Page 21
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
Social Prescribing & Community Development manager is funding for this role.
Funding from NHS England to take part in a Research Engagement Network to ensure that underrepresented communities are enabled to take part in medical research.
The Changing Futures Ethnic Minority Engagement Coordinator (Specialist Navigator) service was developed to recognise that minority communities are underrepresented in Changing Futures services for people experiencing Severe and Multiple Disadvantage. The Engagement workers have a role in ensuring community organisations working with these communities have a full understanding of SMD and so can ensure those they look after get the help they need. This is a FT role that is delivered by two individuals job sharing.
Thriving Communities NASP funding is to distribute information to voluntary organisations about a learning programme about social prescribing. In partnership with National Academy for Social Prescribing.
Active Travel Social Prescribing funding through Nottingham City Council to work with community organisations to help people in Nottingham be more active.
Nature Buddies funding from Natural England for delivering a training programme for community, be-friending and environmental organisations about how to set up Nature Buddies schemes.
Page 22
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
| Unrestricted funds General General Restricted VCSEP & Liaison Lead Community Champions Community Engagement (IAPT) PDU Green Space DISPP Partnership Project NCC Laptops Nottingham MBLC Changing Futures SMI Co-Production & Engagement VCSE Provider Alliance Network CCG Patient Engagement Ashfield Voluntary Action Community Engagement (Prevention) NNRF COI Small grants Captain Tom Gedling Borough Council Heritage Buddies Locality Social Prescribing & Community Development manager Total restricted funds Total funds |
Balance at 1 April 2022 £ 3,036,355 10,250 74,048 58,421 9,180 35,575 - 57,471 3,766 2,000 115,000 10,000 - - - - - - - - 375,711 3,412,066 |
Incoming resources £ 136,065 - - - 45,545 86,312 35,000 - 7,856 - - - 44,550 66,000 2,000 5,000 9,775 8,000 - 48,000 358,038 494,103 |
Resources expended £ (163,046) (10,250) (71,752) (20,629) (42,706) (102,489) (36,598) (57,471) (11,622) (2,000) (65,550) (10,000) (39,337) (15,606) (260) (5,000) (2,028) (30) (287) (11,242) (504,857) (667,903) |
Other recognised gains/(losses) £ (83,082) - - - - - - - - - - - - - - - - - - - - (83,082) |
(As restated) Balance at 31 March 2023 £ 2,926,292 - 2,296 37,792 12,019 19,398 (1,598) - - - 49,450 - 5,213 50,394 1,740 - 7,747 7,970 (287) 36,758 |
|---|---|---|---|---|---|
| 228,892 | |||||
| 3,155,184 |
Page 23
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
14 Analysis of net assets between funds
| Fixed asset investments Current assets Current liabilities Total net assets Fixed asset investments Current assets Current liabilities Total net assets |
Unrestricted General £ 2,649,921 443,922 (50,188) 3,043,655 Unrestricted General £ 2,478,372 570,083 (122,163) 2,926,292 |
Restricted £ - 228,827 - 228,827 Restricted £ - 228,892 - 228,892 |
2024 Total funds £ 2,649,921 672,749 (50,188) |
|---|---|---|---|
| 3,272,482 | |||
| (As restated) 2023 Total funds £ 2,478,372 798,975 (122,163) |
|||
| 3,155,184 |
15 Related party transactions
There were no related party transactions in the year.
16 3rd party funds
| 16 3rd party funds | ||||
|---|---|---|---|---|
| Down Knives Gloves Up | Opening balances £ 368 368 |
Incoming resources £ - - |
(Resources expended) £ (368) (368) |
Total £ - |
| - |
17 Taxation
The charity is a registered charity and is therefore exempt from taxation.
Page 24
Nottingham Community and Voluntary Service
Notes to the Financial Statements for the Year Ended 31 March 2024
18 Charity status
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
19 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
20 Fees payable to independent examiner
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
| Independent examination Other financial services |
2024 £ 1,950 1,359 3,309 |
2023 £ 1,890 1,537 |
|---|---|---|
| 3,427 |
21 Non-adjusting events after the financial period
The Trustees of Robin Hood Charity Trust met on 25/04/24 where it was decided that the charity would be dissolved, transferring all remaining assets to NCVS.
Page 25