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2025-03-31-accounts

VOLUNTARY ACTION ROTHERHAM LIMITED ANNUAL REPORT AND FINANCIAL STATEMENT YEAR ENDED 31 MARCH 2025

Voluntary Action Rotherham

Charity registration number: 1075995 Company registration number: 02222190

VOLUNTARY ACTION ROTHERHAM LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

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||||||| |---|---|---|---|---|---| |Contents| |Page| |Charity|Reference|and Administrative|Details|1| |Trustees’ Annual|Report|(Including|Directors’|Report)|2-11| |Independent Auditor's|Report|12-14| |Consolidated|Charity Statement of Financial Activities|(Including Income and Expenditure|45| |Account)| |Statement|of Financial Activities|(Including Income and|Expenditure Account)|16| |Balance|Sheet|17| |Statement|of Cash|Flows|18| |Notes|to|Financial Statements|19-41|

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VOLUNTARY ACTION ROTHERHAM LIMITED

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED 31 MARCH 2025

Charity registration number 1075995
Companyregistrationnumber 02222190
Trustees SWalls - Chair
J Barber - Treasurer
N Leatherland (Resigned 22 November2024)
AAhmed
J Mallinder
C Batchford
J Dalton
E Senior
RSavage
S Lacey
KShaw (Appointed 22November2024)
PartnerAdvisors Cllr.
DSheppard		 (Ceased 29July2024)
J Martin
F Bowden
Secretary SHussain
Senior ManagementTeam
Chief Executive S Hussain
Finance Manager K O'Reilly
Directorof Services (Infrastructure) D Plumtree
DirectorofServices (projects) HThornton
HRManager ACox
Registered Office The Spectrum
Coke Hill
Rotherham
S60 2HX
Auditor Hentons
Northgate
118 North Street
Leeds
LS27PN

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES’ ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

a

The Trustees present their report and the audited financial statements of the charitable company for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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 published in October 2019.

Since the charity qualifies as small under section 383,the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

Trustees of the charity

The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served during the year and since the year end are detailed on page 1.

Objectives and activities

The full picture of all objectives and activities provided and achieved during the year is detailed in our Annual Impact Report which shows the progress during the year and how we have achieved our Vision, Mission and Values. It shows how we support the Voluntary and Community Sector (VCS) in Rotherham to make a difference through our 3 key strategic aims of:

¢ Information and Influence

Information and Influence:

¢ Promote the VCS and provide strategic representation and leadership ¢ Communicate relevant, high quality, timely knowledge and information * Broker networking, collaboration, co-ordinated voice amongst the VCS

e Provide evidence and intelligence base, share learning and best practice and influence change

Strengthen and Support

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

Efficiency and Effectiveness:

Ensure we have effectively managed and governed, responsive and accountable to members

Maintain our independence, achieve financial sustainability and deliver innovative services

e

Demonstrate our effectiveness, value for money and commitment to continuous improvement ¢ Encourage and develop partnership working within the VCS, our communities and partners

Public benefit statement

The Trustees confirm that they have complied with the Charities Act 2011, referring to the Charity Commission's guidance on public benefit, "Charities and Public Benefit".

Voluntary Action Rotherham's activities benefits the public of Rotherham Metropolitan Borough and its surrounding area, in particular the advancements of education, the protection of health, the relief of poverty, distress and sickness. The Trustees ensure that the charitable company's objectives support the public of the third sector helping organisations make a greater impact for all their beneficiaries.

Achievements

This year saw the start of the new three-year service level agreement, through the Single Infrastructure Grant (SIG) that part funds our core VCS infrastructure support services, such as the volunteer centre, communications and engagement, as well as the critical small group development support. We know that it remains incredibly important, as a 'VCS Infrastructure’ support organisation that we continue to provide high quality services to ensure that the Rotherham VCS are appropriately informed, citied, involved, consulted, engaged and are able to grow, develop and sustain services in communities. The SIG resource contributes to our nationally accredited volunteer centre work, the core VCS comms and engagement and group support work. The SIG work ties into a number of other areas, including the work in supporting migration, the Food in Crisis Partnership, the Humanitarian Hub and working in partnership for VCS groups to utilise the Household Support fund, to support those most in need.

As amember organisation, our core purpose is about delivering what our VCS members need, want and expect us to deliver. That translates into a number of broad areas, which do overlap and merge.

One critical area is providing information, supporting and enabling communications, connections and representation. Promoting and championing the sector and VCS advocacy. What are some of the key issues that Rotherham is facing and how do we work in partnership with others to address? What matters to the sector, what’s relevant, how can the VCS help shape and inform Rotherham priorities and crucially what are the opportunities for the interventions and delivery of services? Where are the gaps, what's missing? To use some of the jargon and buzz words, where are the opportunities for co-production and co-creation?

Our work also includes making the VCS visible and accessible and we do this in a number of ways; for e.g. maintaining and developing the Rotherham VCS online directory, ‘GISMO’.

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VOLUNTARY ACTION ROTHERHAM LIMITED

TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

A key area of our work is the direct and practical group support. From group set up, help with constitutions, legal status, to advice on taking on premises, and governance support. VAR’s work includes advice and support with funding.

Volunteers and volunteering is the life blood of the voluntary and community sector. We know there are many tens of thousands of volunteers in Rotherham, providing many thousands of hours in so many, many roles. We know lots of volunteering happens organically and without any formal routes or frameworks. VAR runs a nationally accredited volunteer centre. The Rotherham volunteer centre enables many VCS groups and organisations to make visible their volunteer opportunities and roles, as well as supporting VCS groups to provide good practice compliant and quality volunteer opportunities.

Our volunteer centre makes opportunities visible to Rotherham residents and beyond what, where and how to apply for those volunteer opportunities.

We provide specialist and expert services to the VCS, this includes Community Accountancy, Independent examinations, Payroll and HR services.

VAR supports consortia and partnership working. That's work such as the Children, Young People & families Consortium, the Food in Crisis Partnership, the Migration Network, The Mental Health Network, the Humanitarian Hub and the sub regional work of the South Yorkshire Integrated Care Board, Voluntary Sector Alliance.

Partnerships and partnership working remains incredibly important. Much of what we do is through partnerships.

We know that Integrated Care Boards (ICBs) replaced local Clinical Commissioning Groups (CCG) a few years ago. For a number of years, what was the (Rotherham) CCG commissioned VAR to provide a range of services, including the Rotherham Social Prescribing Service. We continue to work closely with a number of partners across our ICB footprint of South Yorkshire (SY) to ensure that the VCS at this SY sub regional level are ‘joined up’ and co-ordinated to develop a strong partnership with the SY Integrated Care System (ICS). VAR has been an active member of the SY VCSE (ICB) Alliance Steering Group, and has throughout the year, supported VCS engagement and partnership working.

VAR has continued to be a member of the South Yorkshire, Integrated Care Board, to provide VCS perspectives and connectivity.

VAR hosted the employment of an Engagement Worker on behalf of the SY VCS Alliance; whose role was to support VCSE groups in each of the SY four Places to participate in and create partnerships opportunities. There have been ICB Executive partnership sessions, with the VCS in the SY Places, and VAR hosted the Rotherham sessions in 2024 and 2025.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

We feel that the relationship between the VCS and the Integrated Care System, which also includes the Integrated Care Partnership (ICP) is really important to foster and develop, as we know the Public Sector continues to be stretched and does not have all the ‘answers’. This is particularly the case when we look at the issues of Health Inequalities and the wider ambition towards more preventative services and support within our communities.

On behalf of the Rotherham VCS, VAR has been a member of the Rotherham Place Board, and related partnership arrangements; including a participant on the Rotherham ICB Place Committee. We see this as part of our strategic role to develop partnership opportunities between the stakeholders; as well as linking in the Rotherham VCS and partners to Rotherham’s priorities.

Health and Well Being have continued to be a strong theme throughout the year. VAR has a place on the Rotherham Health and Well Being Board, the Safer Rotherham Partnership, the Strategic Estates Group and the overarching Rotherham Together Partnership Strategic Group.

April 2024 saw the start of the new three-year tender for the new Rotherham Social Prescribing Service (SPS). The Rotherham SPS supports patients identified through the GP case management of long-term conditions pathways. Crucially a significant proportion of the SPS funds are for services from VCSE groups, microcommissioned that enable the social prescription and support of the patients, by VCSE providers. We know there remains a gap between the resources required by VCSE to meet the needs; and what is actually available. Nevertheless, Rotherham is one of the very few places in the country where there are funds allocated to the actual provision of the social prescriptions. We know through the Rotherham Social Prescribing Service, during the year, close to 1500 individuals benefited from the service.

The overall annual SPS agreement value was reduced, and an additional pathway was added; this inevitably means we were not able to resource the SPS modelto the same extent, going forward.

The pressure on public sector finances continues to increase; and we know for a number of services the need and acuity in communities is also increasing. With some of the proposed changes within the NHS, the case management of long terms conditions pathway for patients, was reviewed and a revised concept of anticipatory care model has been implemented.

We saw the opening of other ‘pathways’ adopting a ‘social prescribing’ approach. As part of a South Yorkshire pilot, we saw a Social Prescribing pathway for stroke patients. This work has been successful in Rotherham, and we know the service has been commissioned for a further year, to November 2025. The funding includes a budget that enables some of the barriers to patients progress to be mitigated.

We continued to work with partners and stakeholders to ensure that for appropriate patients on the severe mental illness (SMI) pathway, the wider non-clinical and services from the VCS are part of the offer. The Mental Health Community Connectors continued to work very much as part of primary care and connected pathways to enable community-based support.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

Building on previous work that VAR co-ordinated across Rotherham and other areas, we were successful in securing further funding relating to raising awareness of the signs and symptoms of cancer in target communities. Data shows that within some geographic and thematic communities some people are less likely to present in a timely way for cancer diagnosis and treatment. We employed a project co-ordinator who largely worked with targeted and affected communities, particularly linking in with local voluntary and community groups, and reach into and engagement of their service users. The programme included an enabling budget, that we used flexibly to support and resource VCS groups, to deliver the work.

VAR and the VCS have been part of the partnership approach for the delivery of the national Family Hubs programme, here in Rotherham. Although the Rotherham Family Hubs programme has been led by the local authority; there has been a recognition that the offer in localities, neighbourhoods and communities, needs to be rooted and available in places where families and individuals already engage with or may do so more readily and effectively.

Working with the local authority, and partners VAR has engaged and formed partnerships with a range of voluntary and community groups to bring forward and strengthen the offer to families across the Rotherham Borough. This work identifies and develops the outcomes we want to achieve, that can be available and delivered by VCS community organisations and venues. Targeted funding has been made available to VCS organisations to provide new and enhance existing services. The Family Hubs work has also seen the recruitment and support of a number of volunteer roles to support a range of services. There has been national recognition and better understanding that clinical services for people with drug and alcohol abuse are not the sole answer for longer term and stable recovery. Lived Experience organisations and a holistic tens to the needs of those residents experiencing drug and alcohol issues are required and important for longer term recovery and well-being. VAR has received funding to develop and support the ‘Building Recovery in Communities’ (BRiC) work. As well as a programme manager, the funding enables engagement of target communities to develop community offers that will support, enable and sustain recovery. Critically the Rotherham BRiC programme includes resources for VCS organisations to provide the community-based support services. The aims of the programme include recruiting and supporting recovery champions and supporting the development of a Lived Experience Recovery Organisation, which has a recognised framework for its establishment.

During this year, our partnership Flux work (Arts Council England, Creative People and Places -CPP Progarmme) has continued with accelerated delivery. This has meant that there has been significant work within the target communities, both thematic and geographical.

The Flux funding was originally to March 2025 and our partnership application for the extension year 25-26 was successful. 2025 has continued to be an incredibly busy year for Flux, including the submission of our partnership bid to extend Flux work for years 2026 -2029. We find out during October 2025 if our bid has been successful, although any positive outcome is likely to be news embargoed for a number of weeks.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

VAR has continued to engage with the Rotherham Together Partnership (RTP); which brings a range of partners together to develop and deliver work through a collaborative and collective approach. The themes of the RTP plan, include: Building Stronger Communities, Health and wellbeing, Climate and environment, Inclusive economy and A place to be proud of. We have seen a number of RTP Showcase Events, throughout the year, with strong participation from VCS organisations, highlighting the work and progress of the RTP plan. It was fantastic to see in September 2025 that the RTP Showcase event was held at the ‘Arc Cinema’ part of the Forge Island regeneration of the Rotherham Town Centre.

VAR continued to host staff on behalf of the Children Young People and Families Consortium (CYP&F). The Consortium have much to be proud of and their vital work has supported countless thousands of beneficiaries in Rotherham over the years. The Consortium have continued their work, through the national lottery award, which the Consortium directly manages and accounts for.

VAR Board, again this year, agreed to donate unrestricted funds to the Rotherham Christmas Toy Appeal (Families First Charity); as well as a donation to the Food in Crisis Partnership.

24/25 saw a dedicated ‘Prevention and Early’ intervention grants programme, administered by VAR. This year also saw the ending of our agreement to employ Link Workers on behalf of the Primary Care Network (PCN). In a number of Places, the Link Workers are employed directly by PCNs, and that has been the direction of travel in Rotherham. This year also saw VAR securing resources as part of the Community Recovery Fund and Community Cohesion and Resilience Progarmme.

We have continued to be responsive and accountable to our members, representing the VCS, supporting and encouraging close partnership working. We have continued to diversify our income by providing professional and affordable services including Community Accountancy, Payroll Bureau Services, HR Advice and Support and Financial Management.

Performance Management Framework/ Risk Action Plan

The Trustees, in line with the agreed PMF, which sets out and assesses all major risks to the organisation, reviewed the analysis at regular intervals five key performance areas with agreed KPI's and RAG ratings were set, and those areas are:

Financial review (including reserves policy)

As of 31 March 2025, the consolidated statement of financial activities shows income for the year of £3,344,446 (2024: £2,986,641). Expenditure for the year was £3,898,796 (2024: £3,223,078). At year end, the SOFA is showing a surplus of £26,230 (2024: £82,555), against our core activity (unrestricted funds). There is a net movement of a deficit of £531,261 (2024: deficit £318,992) on restricted funds, this is driven by projects being funded in advance.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

The SOFA includes income of £10,086 (2024: £23,389) and expenditure of £10,086 (2024: £23,389) relating to our trading subsidiary, Spectrum Futures C.1.C.

At the year end, unrestricted fund balances are £1,085,149 (2024: £1,108,238) with restricted funds of £3,407,149 (2024: £3,938,410) giving the total year end fund position for 2025 of £4,492,298 (2024: £5,046,648).

The balance sheet as at 31 March 2025 also shows tangible assets of £647,107 (2024: £667,520). Debtors due are £307,809 (2024: £295,386). Creditors falling due within one year stand at 355,569 (2024: £329,825).

For the year ending 31 March 2025, VAR Board have designated funds of £558,686. This reflects the provision towards the pension trust deficit of £24,759, and £37,686 towards repairs of the flat roof at the Spectrum.

It is the policy of the charity that unrestricted funds, which have not been designated for specific use, should be maintained at a value of three to six months expenditure, of which the minimum three months expenditure equates to approximately £974,700. This level of general reserves would finance operations in the event of short-term funding gaps, and finance immediate obligations should VAR lose its funding, or alternatively in the event that the organisation should need to close. At 31 March 2025, our general free reserves stood at £526,463, substantially below our minimum target level. The Trustees are aware of this and aim to build on general reserves in the future years by continuing the development of further income generating activities to support our grant dependency, and to ensure we maintain a high level of astute financial management.

Treasurer's Statement

The finance function within Voluntary Action Rotherham is responsible for:-

From the prior year, total income increased byjust[ short][of] £358k.[This][is] due[ to] some[restricted][funding being] paid in advance in March 2025 and will be spent in 2025/26.

Our funders have been disclosed on pages 23 & 24, and the breakdown of these restricted funds are disclosed on pages 33, 34 & 35. Grants distributed out to the sector in 2024/25 equated to £1,048,149, which amounted to 31% of our toral income received during the year. We continue to seek out additional funding to support our main aims and objectives, and work with our generous funders to continue to adapt to the sector's needs.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

VAR'S trading subsidiary Spectrum Futures CIC again supported the charity with further income generated activities engaged by the community. The trading accounts for Spectrum Futures CIC showed a break-even position for 24/25, in line with previous years.

Having previously designated funding for future periods, the Trustees of the charity will maintain this fund to support its core activity where there is a shortfall of direct funding. This designation of £559k will allow for further provision to assist the core activity for future periods post March 2025. Of the original £60k designated to roof repairs there is £37,686 remaining for any future repairs. The trustees will also safeguard the designated pension fund in support of any potential future liabilities in relation to the Pension Trust pension scheme. There is £27,759 in the designated fund.

Management accounts are produced monthly and reported to the Board, Exec Group and Finance Committee. The board have confidence in the financial procedures and month end activities produced by the finance function.

Plans for future periods

VAR continues to actively seek and develop partnership opportunities for the benefit of its members, the Rotherham VCS.

VAR will continue to support new initiatives and ways of working, linked to:

Structure, governance and management

VAR's governance

Voluntary Action Rotherham is a registered charity and a company limited by guarantee. The charity is operated under the rules of its Memorandum and Articles of Association, first issued on its incorporation on 17 February 1988, amended in December 2005, November 2010, November 2013 and again amended by a special resolution in November 2017. This has ensured we are resilient, our Board composition is fit for purpose, and we continue to be driven by the values which underpin our work.

VAR's Board of Trustees

VAR ‘s Board is made up of up to eleven trustees, three partner advisors who act in a non-voting capacity. All trustees and any co-optees also act as directors of the company and are notified to Companies House. The number of Trustees should not be less than five (5) and no more than thirteen (13), and the chief executive acts as company secretary.

VAR has a finance sub-committee, consisting of the treasurer, another trustee, the CEO and finance manager. This enables management accounts, forecasts and balance sheets to be scrutinised and analysed in detail, providing additional assurance to the board of the overall finance management of the charity.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES’ ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

VAR is underpinned by a range of HR policies and procedures as well as financial procedures which are approved by VAR board. All of these are reviewed annually, and amended as appropriate, and reported to VAR board for their approval.

The trustees conducted an assessment of the major risks to the organisation during September 2024 and March 2025. Each funding proposal underpinning VAR’s activities is accompanied by a delivery plan and reports against agreed targets. We have combined all of the individual risk assessments into an overall risk management framework for the organisation and this is reviewed by the Board on a six-monthly basis. This underpins the performance management framework and shows the impact on systems, procedures, staffing, communications and funding.

Recruitment and appointment of the trustees and key management personnel remuneration policy

Trustees are recruited and appointed from VAR's membership base, or as Independent Trustees and in line with VAR's Memorandum and Articles of Association. Recruitment for potential new Trustees is conducted via VAR's mailings, newsletters and website. Role descriptions exist for Trustee and officer posts. Elections to the Trustee board takes place at the Annual General Meeting (AGM) and proxy votes are invited, from members prior to the AGM, should they not be able to attend. If there are the same number of applicants and vacancies, an uncontested election is held which is approved by members at the AGM. Trustees are appointed for a term of three years and at each AGM, one third of the board of Trustees, taken from those Trustees who have served the longest, are expected to stand down. Trustees may stand for re-election if they wish and in exceptional circumstances a retiring Trustee may serve a further consecutive term; but will be subject to annual appointment agreed by existing Trustees and also agreed by members at the Annual General Meeting.

Appointment of the executive places of chair, vice chair(s) and treasurer take place at the first board meeting after the AGM and is ratified by members of the board. All new Trustees are invited to an induction meeting and must sign a memorandum of agreement. VAR is a company limited by guarantee and all Trustees are notified as directors to Companies House.

The key management structure of VAR consists of the Chef Executive, the Director of Services (Projects), the Director of Services (Infrastructure), the Senior Manager (HR) and the finance manager. Remuneration for staff is maintained in line with any salary uplifts, where appropriate and across the organisation, related to pay legislation as a minimum and approved by VAR board.

Research and development

VAR, in partnership with a number of other stakeholders (for e.g. Voluntary Action Sheffield, Barnsley CVS and Voluntary Action Doncaster) across South Yorkshire (SY) commissioned a piece of work across the SY footprint, to analyse and understand the ‘state of the voluntary and community sector’. The report by the Centre for Regional Economic and Social Research (Sheffield Hallam University), titled: South Yorkshire VCSE: Understanding Value and Impact was finalised in September 2024. South Yorkshire VCSE: Understanding Value and Impact | Sheffield Hallam University

A summary of the Rotherham VCSE stats and key information has been produced; and this in part helps us to ‘paint’ an up-to-date picture of the Rotherham VCSE. This work, along with the VAR Annual Survey and other initiatives will help VAR shape and develop a new Strategic Plan during 2026.

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VOLUNTARY ACTION ROTHERHAM LIMITED TRUSTEES' ANNUAL REPORT (Including Directors Report) YEAR ENDED 31 MARCH 2025

Trustees’ responsibilities

The trustees (who are also directors of Voluntary Action Rotherham for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that 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]

Disclosure of information to the auditors

In so far as the trustees are aware:

On behalf of the board

S Walls, Trustee

29 October 2025

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INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF VOLUNTARY ACTION ROTHERHAM LIMITED

VOLUNTARY ACTION ROTHERHAM LIMITED

Opinion

We have audited the financial statements of Voluntary Action Rotherham Limited (the charitable company) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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VOLUNTARY ACTION ROTHERHAM LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF VOLUNTARY ACTION ROTHERHAM LIMITED

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the statement of trustees responsibilities, the trustees, who are also the directors of the charitable company for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of

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VOLUNTARY ACTION ROTHERHAM LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF VOLUNTARY ACTION ROTHERHAM LIMITED

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www. frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

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Christopher Howitt

Senior Statutory Auditor

For and on behalf of Henton & Co LLP

Chartered Accountant and Statutory Auditors

Northgate

118 North Street

Leeds

LS2 7PN

29 October 2025

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VOLUNTARY ACTION ROTHERHAM LIMITED

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) YEAR ENDED 31 MARCH 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted| |funds|funds|Total|Total| |2025|2025|2025|2024| |Note|£|£|£|£| |(Note|2)| |Income|and|endowments|from:| |Donations|and|legacies|3|45,000|-|45,000|67,706| |Charitable|activities|4|153,210|2,960,211|3,113,421|2,752,801| |Investments|5|174,494|-|174,494|143,496| |Other|6|11,531|-|11,531|22,638| |Total|income|and endowments|384,235|2,960,211|3,344,446|2,986,641| |Expenditure|on:| |Raising funds|7|8,817|-|8,817|11,417| |Charitable|activities|8|349,188|3,540,791|3,889,979|3,189,347| |Exceptional|costs|8|-|-|-|22,314| |Total expenditure|358,005|3,540,791|3,898,796|3,223,078| |Net income|26,230|(|580,580)|(|554,350)|(|236,437)| |Transfers|between funds|(|49,319)|49,319|-|-| |Net movement|in funds|(|23,089)|(|531,261)|(|554,350)|(|236,437)| |Reconciliation|of funds:| |Total funds|brought forward|18,19|1,108,238|3,938,410|5,046,648|5,283,085| |Total funds|carried|forward|18,19|1,085,149|3,407,149|4,492,298|5,046,648|

----- End of picture text -----

Allincome and expenditure derive from continuing activities.

The statement of financial activities includes all gains and losses recognised during the year.

15

VOLUNTARY ACTION ROTHERHAM LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) YEAR ENDED 31 MARCH 2025

Unrestricted Restricted
;
: funds funds Total Total
2025 2025 2025 2024
£ £ £ £
Income and endowments from:
Donations and legacies 45,000 - 45,000 67,706
Charitable activities 153,210 2,960,211 3,113,421 2,752,801
Investments 174,494 - 174,494 143,496
Other 11,531 - 11,531 838
Totalincomeandendowments 384,235 2,960,211 3,344,446 2,964,841
Expenditure on:
Raising funds 8,817 - 8,817 11,417
Charitable activities 348,122 3,540,791 3,888,913 3,168,612
Exceptional costs - - - 22,314
Totalexpenditure 356,939 3,540,791 3,897,730 3,202,343
Netincome 27,296 ( 580,580) ( 553,284) ( 237,502)
Transfers betweenfunds ( 49,319) 49,319 - S
Netmovement infunds ( 22,023) ( 531,261) ( 553,284) ( 237,502)
Reconciliation offunds:
Totalfunds broughtforward 1,107,143 3,938,410 5,045,553 5,283,055
Totalfunds carriedforward 1,085,120
3,407,149
4,492,269
5,045,553
ne
anaheim
idech

16

VOLUNTARY ACTION ROTHERHAM LIMITED BALANCE SHEET

YEAR ENDED 31 MARCH 2025

==> picture [443 x 377] intentionally omitted <==

----- Start of picture text -----
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Group|Charity| |2025|2024|2025|2024| |Note|£|£|£|£| |Fixed|assets| |Tangible|assets|14|647,107|667,520|647,107|667,520| |Current|assets| |Debtors|15|307,809|295,386|316,175|297,402| |Cash|at|bank|and|in|hand|16|3,892,951|4,413,567|3,883,980|4,410,456| |4,200,760|4,708,953|4,200,155|4,707,858| |Creditors:|amounts falling due| |within|one year|17|(|355,569)|(|329,825)|(|354,993)|(|329,825)| |Net|current assets|3,845,191|4,379,128|3,845,162|4,378,033| |Net assets|4,492,298|5,046,648|4,492,269|5,045,553| |Charity Funds| |Unrestricted|funds| |Designated|funds|18|558,686|558,686|558,686|558,686| |General|reserve|18|526,463|549,552|526,434|548,457| |Total|unrestricted|funds|1,085,149|1,108,238|1,085,120|1,107,143| |Restricted|funds|19|3,407,149|3,938,410|3,407,149|3,938,410| |Total|charity funds|20|4,492,298|5,046,648|4,492,269|5,045,553|

----- End of picture text -----

The financial statements were approved and authorised for issue by the Board on 29 October 2025

Signed on behalf of the board of trustees

==> picture [348 x 49] intentionally omitted <==

----- Start of picture text -----
\ ; ; SS NISL
pvoalls Ads
S Walls, Chair J Barber, Treasurer
----- End of picture text -----

The notes on pages 19 to 41 form part of these financial statements. Company registration number 02222190

17

VOLUNTARY ACTION ROTHERHAM LIMITED STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2025

==> picture [445 x 331] intentionally omitted <==

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Note|£|£| |Cash|flow from operating activities|21|(|676,022)|(|381,546)| |Net cash|flow|from|operating activities|(|676,022)|(|381,546)| |Cash flow from|Investing|activities| |Payments to acquire tangible|fixed|assets|(|19,088)|-|5,131| |Interest|received|174,494|143,496| |Net cash flow from|investing|activities|155,406|138,365| |Net increase|in cash and|cash equivalents|{|520,616)|(|243,181)| |Cash|and cash|equivalents|at|1|April 2024|4,413,567|4,656,748| |Cash and cash|equivalents|at 31 March 2025|3,892,951|4,413,567| |Cash|and|cash|equivalents|at 31 March|2025| |Cash and|cash|equivalents|consist|of:| |Cash|at bank and|in|hand|3,892,951|4,413,567| |Cash|and cash equivalents|at 31 March 2025|3,892,951|4,413,567|

----- End of picture text -----

18

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1 Summary of significant accounting policies

(a) General information and basis of preparation

Voluntary Action Rotherham is a charitable company established by constitution on 13 January 1981 in the United Kingdom. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are on page 2.

The charity constitutes a public benefit entity as defined by FRS 102. 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 United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

(b) Basis of consolidation

The consolidated financial statements incorporate those of Voluntary Action Rotherham and its only subsidiary. An undertaking is a subsidiary if the group has control over its financial and operating policies.

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidated. Unrealised losses are eliminated unless the transactions provides evidence of an impairment of the asset transferred.

(c) Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes or projects which they have decided to undertake, the trustees have the option to undesignate these funds should they require to do so.

Restricted funds are subject to specific trusts which may have been declared by the funders of with their authority (e.g. in a public appeal), but still within the objects of VAR. They may be restricted income funds which are expendable at the discretion of the trustees/ directors in furtherance of a particular project or objective of VAR. Alternatively, they may be capital funds where the funds are required to be invested in fixed assets for charity use or in investment assets.

19

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

(d) Income recognition

All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full in the SOFA when receivable.

(e) Expenditure recognition

Expenditure is recognised on an accrual basis whena liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is included as part of the expenditure to which it relates.

(f) Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

The analysis of these costs is included in note 8.

20

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

(g) Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Only fixed assets costing more than £1,000 are capitalised and depreciated.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold buildings Straight line over 50 years Fixtures, fittings & equipment 33% straight line

The company has opted to charge no depreciation on assets in the year of addition.

The property is included at the trustees’ best estimate of market value. It is the Charity's policy to carry out a formal valuation of the properties every 5 years and to take advice annually as to any material movements in value.

(h) Employee benefits

The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. The assets of this scheme are entirely separable to those of the charity. The pension cost shown represents contributions payable by the charity on behalf of the employees.

The charity also contributes to the Pensions Trust Growth Plan for its employees. This is in most respects a money purchase arrangement, but does include certain guaranteed benefit elements. The plan is a multiemployer scheme.

Since the charity has entered into an agreement (the Recovery Plan that determines how each employer within the scheme will fund the overall deficit), the contributions paid are shown in the income and expenditure account.

(i) Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

(j) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient, with the level of reserves, for the charity to be able to continue as a going concern.

21

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

2 Consolidated Statement of Financial Activities 2024

2 Consolidated Statement of Financial ActivitiesActivities 2024
Unrestricted Restricted
funds funds Total
2024 2024 2024
£ £ £
Income and endowmentsfrom:
Donations and legacies 67,706 - 67,706
Charitable activities 122,360 2,630,441 2,752,801
Investments 143,496 - 143,496
Other 22,638 - 22,638
Totalincomeandendowments 356,200 2,630,441 2,986,641
Expenditure on:
Raisingfunds 11,417 - 11,417
Charitable activities 239,914 2,949,433 3,189,347
Exceptional costs 22,314 - 22,314
Totalexpenditure 273,645 2,949,433 3,223,078
Netincome 82,555 ( 318,992) ( 236,437)
Transfers between funds - - -
.
Otherrecognisedgains/ (losses):
Re-measurement losson defined benefit pension plan - - -
Netmovement infunds 82,555 ( 318,992) ( 236,437)
3 Incomefrom donations and legacies
2025 2024
£ £
Core grants
National Health Service -CCG - 15,988
Other 45,000 1,718
Bessie MaryPenlingon legacy - 50,000
45,000 67,706

Income from donations and legacies in both 2024 and 2023 was attributable to unrestricted funds.

22

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

4 Income from Charitable activities

Income fromfrom Charitable activities
Unrestricted Restricted
funds funds Total Total
2025 2025 2025 2024
£ £ £ £
Core activities including payroll& 153,210 - 153,210 122,360
Partnerships, services&programmes - 2,960,211 2,960,211 2,630,441
153,210 2,960,211 3,113,421 2,752,801

An analysis of the sources of this income is shown in note 4a.

4a Income from charitable activities (expended):

Income fromfrom charitable activities (expended):
Total Total
2025 2024
£ £
Arts Council
- Creative Places & People (FLUX) 369,996 369,997
C&YP Consortium
- Children&YoungPeople 96,569 32,844
Community First
-NHSSocial PrescribingService - 572,981
-NHSCCGSPLongCovid Support 34,500 -
-NHS Mental Health Project ( 78,872) 200,699
-NHS PCN's 153,212 -
-NHS PCN - LINKWorkers ( 1,487) 244,823
-NHSAndy's Man Club - -
-NHSCommunityConnectors 168,067 42,923
-NHS Stroke LinkWorkers 33,114 -
-SYICB 13,000 13,000
RMBC
- Food in Crisis 10,000 10,000
- State ofthe Sector - 18,000
- HouseholdSupport Fund 65,200 55,000
863,299 1,560,267

23

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

Broughtforward 863,299 1,560,267
-Acute ProviderInnovator Project - 10,000
-Shared ProsperityFund -OpenArms 329,560 40,536
- FirstStep 92,700 24,702
-Prevention &EarlyIntervention - 100,000
-Single infrastructureGrant 126,400 126,000
- BuildingRecovery inCommunities 250,353 100,000
- Families Hub - 282,224
- Creative People & Places (FLUX) 53,880 147,371
Other
-TimelyPresentation Project - 61,796
-SYICSVCSESector 5,500 3,000
-ESOLTutors - 6,817
-AgeingWell - 61,728
- Digital Enablement - 40,000
-CMHTransformation 110,930 -
-RSPS (ICB) -NHSSocial PrescribingService 716,176 -
-CommunityAchievementAwards 11,000 11,000
-Synergy Project - 2,500
-VCSAdultHealth&Care Development Manager 78,872 -
-NHSUECCASC Discharge Fund - 20,000
-Jointforward plan consultation sessions - 6,000
-CRF -Cohesion Fund 287,000 -
-WentworthWoodhouse - 8,500
-WithoutWalls(FLUX) 22,462 13,000
-NAVCA (Ukraine) - 5,000
-Health Messaging andService Improvements 1,650 -
- Migration Fund 10,429 -
Unrestricted Activities
- PayrollBureau Fees 22,072 23,532
-CommunityAccountancyFees 10,648 24,652
- Externalrent/room hire 95,273 64,935
-Otherincome 25,217 9,241
3,113,421 2,752,801
5 Incomefrom Investments
2025 2024
£ £
Bankinterest 174,494 143,496

Income from investments in both 2025 and 2024 is all attributable to unrestricted funds.

24

VOLUNTARY ACTION ROTHERHAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

6 Other income
2025 2024
£ £
Spectrum Futures -income generated 9,409 21,800
Reimbursed expenses 2,122 838
11,531 22,638

Other income in both 2025 and 2024 was attributable to both unrestricted and restricted funds.

7 Costs of raising funds

2025 2024
£ £
Staff costs 8,817 11,417

Expenditure on costs of raising funds in both 2025 and 2024 was all attributable to unrestricted funds.

8 Analysis of expenditure on charitable activities

Activities
undertaken Grantfunding Support
directly of activities costs Total Total
2025 2025 2025 2025 2024
£ £ £ £ £
Core
ativities		 including payroll &
accountancy services 94,925 - - 94,925 162,327
Partnerships &programmes programmes 2,447,622 1,048,149 227,853 3,723,624 2,967,045
Exceptional costs (flood repairs) - - - - 22,314
Spectrum Futures 9,409 - - 9,409 21,800
Governance costs (note 9) 62,021 - - 62,021 38,175
2,613,977 1,048,149 227,853 3,889,979 3,211,661

Expenditure on charitable activities was £3,889,979 (2024: £3,211,661) of which £358,005 (2024: £273,645) was attributable to unrestricted funds and £3,540,791 (2024: £2,949,433) was attributable to restricted funds.

Notional rent is included within the direct costs of the activity.

Further disclosure in respect of grants paid is provided in note 10.

Support costs totalling £227,853 represents allocation of core costs to restricted funds, including premises costs and salaries apportioned on the basis of full-time equivalent employees. In a few instances, this is limited by the budgets that have been agreed with the funder.

25

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

Total Total
2025 2024
£ £
Finance 221,040 85,887
Personnel - 43,164
ICTinternalservices 6,813 18,967
Executivemanagement - 229,893
227,853 377,911

9 Governance costs

Unrestricted Restricted
funds funds Total Total
2025 2025 2025 2024
£ £ £ £
Auditor's remuneration 11,640 - 11,640 8,460
Trustees' expenses 601 - 601 641
Salary costs 47,717 - 47,717 28,197
AGM &Governance costs 2,063 - 2,063 877
62,021 - 62,021 38,175

Expenditure on governance costs in both 2025 and 2024 was all attributable to unrestricted funds.

26

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

10 Grants payable

Grants payable
2025 2024
£ £
British Red Cross - 57,968
B Friend 4,901 -
Clifton Learning Partnership 18,134 4,478
Crossroads Care Rotherham 29,153 48,800
The LearningCommunity 54,368 54,890
Live inclusive 17,500 26,500
Kimberworth ParkCommunity Partnership 25,800 15,800
Age UK (Rotherham) 43,337 44,450
Rotherham CitizensAdvice Bureau 66,781 30,599
Royal VoluntaryService 26,000 32,000
Dinnington Area Regeneration Trust Ltd 7,000 6,000
Impressive Expression 7,719 13,000
JADE 5,319 - 26,628
YAWR Service 49,438 78,745
Rotherham&BarnsleyMind 23,775 45,504
Sheffield Wildlife Trust 4,875 °6,500
Alzheimer's Society 24,375 26,861
Active Independence 35,413 43,280
Apna Haq 4,500 17,879
United Multi Cultural Centre - 3,374
Cortonwood Comeback Centre 5,000 5,000
LibertyChurch 5,000 2,000
EndeavourTraining Ltd - 10,240
Rush House - 3,456
Rotherham Parent Forum 21,490 10,234
YWCA 5,000 8,500
GROW 2,500 23,601
Swinton LockActivityCentre 27,709 5,000
Activate Rawmarsh 5,000 4,055
Active for Life Solutions 8,300 -
ActiveRegen Community Foundation Ltd - 10,220
MakingSpace - 3,068
Pivotal HealthandWellbeing 21,580 5,100
PlacesforPeople Leisure Ltd 8,249 5,500
POPSOutdoor Adventure (Rawmarsh) - 10,035
558,216 689,265

27

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

==> picture [462 x 597] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Brought forward|558,216|689,265| |Rotherham|Deaf|Futures|3,000|10,240| |ROAR|-|2,400| |Rotherham Wah|Hong Chinese Association|-|3,060| |Shiloh|Rotherham|-|10,740| |Social Supermarket|5,000|5,000| |Speak Up Self Advocay|Ltd|-|8,909| |The|High|Street Centre|-|10,240| |Dinnington|Community Boxing|4,250|5,000| |Full|Life Church|5,000|5,000| |Laser Credit Union|43,300|9,900| |Maltby Town|Council|4,000|4,000| |Manvers|Lake and|DVT|-|2,155| |Rotherham MCVC|9,100|5,000| |S62|Community Together|9,332|15,000| |The|Community Tree|4,270|-| |Saif's|Boxing and|Fitness CIC|9,615|10,230| |Rotherham|Ethnic|Minority Alliance|Ltd|55,875|19,215| |Treeton Community Centre|1,500|1,500| |Unity Boxing CIC|4,650|5,773| |Rotherham|Federation|of Communities|134,340|29,787| |Rotherham|United Community Trust|27,151|45,181| |The|Rainbow|Project|20,000|-| |Better Today|9,980|-| |Kiveton|Park & Wales Community Dev Trust|13,000|13,000| |Mature|Millers Walk|Football Club|8,500|-| |Pen & Purpose|CIC|24,000|-| |Grimm & Co|5,880|-| |Rotherham|talking News|5,000|-| |Snooker 4 All CIC|5,000|-| |Sunnyside|Supplies|5,000|-| |Grants|less then £5,000|73,190|12,455| |1,048,149|923,050| |11|Net income/|(expenditure) for the year| |2025|2024| |£|£| |Auditor's remuneration|8,460|8,460| |Fees to Auditor's|for non|audit work|3,180|-| |Depreciation|of tangible fixed|assets|39,501|49,268|

----- End of picture text -----

28

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

|

12 Trustees' and key management personnel remuneration and expenses

The trustees neither received nor waived any remuneration during the year (2024: Enil). Trustees expenses reimbursed during the year totalled £601 (2024: £641).

The total amount of employee benefits received by key management personnel is £260,598 (2024: £245,578). The Trustees considers that its key management personnel comprise of its Chief Executive, Director of Services (Infrastructure), Director of Services (Projects), HR Manager and Head of Finance.

13 Staff costs and employee benefits

The average monthly number of employees during the year on full time equivalent (FTE) basis was as follows:

follows:
2025 2024
£ £
Core costs including payroll&accountancyservices 11.76 11.03
Partnerships&programmes 41.88 38.31
53.64 49.34

The average number of employees during the year was 60 (2024:54).

The total staff costsand employee benefitswas asfollows:
2025 2024
£ £
Wagesand salaries 1,562,594 1,334,962
Social security 142,703 117,564
Pension costs 102,835 76,204
1,808,132 1,528,730

1 employee received total employee benefits (excluding employer pension costs) of more than £60,000 (2024: 1).

29

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

14 Tangible fixed assets

Tangible fixedfixed assets
Freehold Fixtures,
land& fittings&
buildings equipment Total
£ £ £
Cost orvaluation:
At 1 April2024 787,885 201,475 989,360
Additions - 19,088 19,088
At31March 2025 787,885 220,563 1,008,448
Depreciation:
At 1 April2024 147,531 174,309 321,840
Depreciation charge 15,757 23,744 39,501
At31March2025 163,288 198,053 361,341
Netbookvalue:
At31March 2025 624,597 22,510 647,107
At31March2024 640,354 27,166 667,520

The Spectrum building is included in freehold land and buildings and was revalued in the financial year 31 March 2015 to £775,000. This was based on an open market valuation completed in October 2014 by a firm of independent valuers, Merryweathers, Chartered Surveyors.

All fixed assets are considered to be for direct charitable purposes and relate to the charity, the trading subsidiary, Spectrum Futures, holds no fixed assets.

This historical cost equivalent of land and buildings included at valuation are as follows:

Freehold
land &
buildings
Cost or valuation:
At 1 April2024 1,757,279
Depreciation:
At 1 April2024 451,343
Depreciation charge 15,757
At31March2025 467,100
Netbookvalue:
At31March 2025 1,290,179
At31March2024 1,305,936

30

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

15 Debtors

Debtors
Group Charity
2025 2024 2025 2024
£ £ £ £
Trade debtors 214,748 191,734 213,461 189,566
Amounts owed bygroup undetakings - - 9,653 4,184
Prepayments and accrued income 93,061 103,652 93,061 103,652
307,809 295,386 316,175 297,402
Cash and Bank
Group Charity
2025 2024 2025 2024
£ £ £ £
Cash in bankand in hand 3,645,596 4,121,540 3,636,620 4,118,429
Advanced funding 239,496 284,094 239,496 284,094
People in Need BankAccount 7,861 7,933 7,861 7,933
3,892,953 4,413,567 3,883,977 4,410,456

16 Cash and Bank

17 Creditors: amounts falling due within one year

Creditors: amounts falling due withinfalling due withindue withinwithin one yearyear
Group Charity
2025 2024 2025 2024
£ £ £ £
Trade creditors 17,753 16,666 17,765 16,666
Taxation and social security 14,713 ( 2,035) 14,713 ( 2,035)
Other creditors & deferred income 244,954 290,614 244,954 290,614
Accruals 70,288 16,647 69,700 16,647
Amounts held on behalf of People in Need 7,861 7,933 7,861 7,933
355,569 329,825 354,993 329,825
People in Deferred
Need Income
£ £
Balance broughtforward at31 March 2024 7,933 284,094
Additions duringtheyear - 18,369
Amounts distributed ( 72) ( 62,967)
Balancetobecarriedforwardat31March2025 7,861 239,496

31

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

18 Fund reconciliation

Unrestricted funds

Balance at Balance at
1April24 income Expenditure Transfers 31 March25
Unrestricted 549,552 384,235 ( 358,005) ( 49,319) 526,463
Designated - Pension scheme 24,759 - - - 24,759
Designated -Core activities postMarch2022 496,241 - - - 496,241
Designated - Future Roof Repair 37,686 - - - 37,686
1,108,238 384,235 ( 358,005) ( 49,319) 1,085,149
Prioryear
Balance at Balance at
TApril23. Income Expenditure Transfers 31March 24
Unrestricted 444,683 356,200 ( 251,331) - 549,552
Designated - Pension scheme 53,718 - - ( 28,959) 24,759
Designated -Core activities postMarch2022 467,282 - - 28,959 496,241
Designated - Future RoofRepair 60,000 - ( 22,314) - 37,686
1,025,683 356,200 ( 273,645) - 1,108,238

The £24,759 designated to the pension scheme is to cover potential future liabilities in relation to Pension Trust scheme.

The designated fund in relation to core activities post March 2022 is to cover ddeficits on core activities.

The designated fund in relation to future roof repairs is for known future expenditure in relation to work required on the roof.

32

VOLUNTARY ACTION ROTHERHAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

19 Restricted Funds

Balance at Balance at
1April24 Income Expenditure Transfers 31March25
Creative People and Places (Flux) 380,582 446,338 ( 747,160) - 79,760
COVIDWinterGrant 196 - ( 196) - -
COMF Grants 3,331 - - - 3,331
CommunityRenewal Fund 1 - - ( 1) -
Digital Aspirant Funding 129,847 - ( 28,553) - 101,294
EmergencyAssistance Grants 921 3 ( 921) - -
FeasibilityStudy 6,659 4 - - 6,659
Flood Damage 2 - - ( 2) 7
Food in Crisis - 10,000 ( 10,844) - 844)
Internal Voluntary 9,969 - - - 9,969
Neighbourhood Gov. Imp 2,259 - - - 2,259
NHSHEP - BAME Insight 24,612 - ( 3,000) - 21,612
NHS Children Social Prescribing 51,770 - ( 44,303) - 7,467
NHSGP's ActivitySupport 36,573 - - - 36,573
NHSSPS IBCF 222,294 - ( 169) - 222,125
NHS Mental Health SocialScheme 50,000 - - - 50,000
NHS Mental Health Programme 13,170 - = q 13,170
NHS Mental Health UserVoice 3,000 - - - 3,000
NHS Mental Health 135,590 ( 78,872) ( 56,718) - -
NHS Health Engagement 133,597 - ( 29,607) - 103,990
NHS LongCovidSupport 1,700 34,500 ( 36,211) - 11)
NHS Mental Health Grants 68,638 22,877 ( 88,443) - 3,072
NHS UECC LinkWorkerScheme 21,238 - ( 810) - 20,428
NHS BAME CrisisGrants 22,901 ( 22,877) ( 24) - -
NHS SMI PatientVoice ( 201) - - - ( 201)
NHS PCN LinkWorkers 69,237 - - (69,237) -
NHS PCN LinkWorkers 1,857 - - ( 1,857) 2
RMBC Prevention& Early Intervention 100,000 - (91,377) - 8,623
NHS Social Prescribing Service 254,543 - - - 254,543
NHSAndy's Man Club 3,450 - ( 2,300) - 1,150
NHSCommunityConnectors 141,028 168,067 ( 291,343) - 17,752
NHS Stroke LinkWorkers 22,194 33,114 ( 28,980) - 26,328
Obj 1 HR& Legal 31,999 - - - 31,999
Research/Sector 5,900 - - - 5,900
State ofthe Sector Research 21,400 - ( 14,800) - 6,600
1,970,257 613,147 ( 1,475,759) ( 71,097) 1,036,548

33

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

Balance at Balance at
1April24 Income Expenditure Transfers 31March25
Broughtforward 1,970,257 613,147 ( 1,475,759) ( 71,097) 1,036,548
STP/ICS Integrated Volunteering 2,000 - - - 2,000
SYHR Basis - Big Lottery 6,423 - - - 6,423
SYBCancerAllianceWMTYKitemark 40,600 - ( 1,374) = 39,226
SY ICSVCSESector 20,853 5,500 ( 1,138) - 25,215
SYICS EngagementCo-ordinator 27,288 - ( 9,653) - 17,635
VCS Resilience 500,000 - - - 500,000
VCSSeasonal Pressurers 115,000 - - - 115,000
Violence Reduction Unit 3,958 - - - 3,958
VTLOtherincome 9,509 - - - 9,509
SYIP Capital 644,541 - - - 644,541
BuildingRecovery inCommunities 60,219 250,353 ( 193,924) - 116,648
SY ICB 22,750 13,000 - - 35,750
Single Infrastructure Grant - 126,400 ( 126,400) - -
Yorkshire Forward - Revenue Cost ( 15,500) - 15,500 - -
ESOL 6,817 - { 5,554) - 1,263
NHS PCN's 202 ( 1,487) ( 358) 1,643 -
Children &YoungPeople ( 27,459) 96,569 ( 96,905) - { 27,795)
CommunityAchievementAwards 39 11,000 ( 10,563) - 476
DigitalEnablement 40,000 - ( 9,323) - 30,677
SynergyProject 2,500 - ( 515) - 1,985
EngagingwithAcute Provider 9,449 - - - 9,449
NHSTimely Presentation Project 60,424 - (48,466) - 11,958
NHS UECCASC Discharge Fund ( 11,676) - 10,000) 21,676 -
FirstStep 23,648 92,700 ( 96,400) - 19,948
RotherhamACS Funding 21,676 - - - 21,676
RDaSH Mental Health andWellbeing
Navigators 40,004 - ( 17,736) - 22,268
RDaSH ExpertbyExperience 16,957 - ( 4,717) - 12,240
Shared ProsperityFund 7,081 329,560 ( 262,466) - 74,175
Families Hubs Programme 340,850 - ( 252,170) -
NHS PCN's - 153,212 ( 164,808) 7,708 ( 3,888)
NHSCCG Loneliness Plot - - ( 325) 2,258 1,933
VAR Prople In Need - Donations - - ( 2,200) 7,982 5,782
3,938,410 1,689,954 ( 2,775,254) ( 29,830) 2,823,280

34

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Balance at Balance at
1 April 24 Income Expenditure Transfers 31March25
Broughtforward 3,938,410 1,689,954 ( 2,775,254) ( 29,830) 2,823,280
VCSE Engagingwith Acute ProverCo - - ( 1,204) 9,449 8,245
CMH Transformation - 110,930 - - 110,930
RSPS (ICB) - 716,176 ( 689,515) - 26,661
VCSAdult Health & Care Development - 78,872 - - 78,872
CRF - Cohesion Fund - 287,000 - - 287,000
Health Messagingand Service
Improvements - 1,650 ( 3,738) 69,700 67,612
Migration Fund - 10,429 ( 5,880) - 4,549
RMBC Household SupportFund - 65,200 ( 65,200) e F
3,938,410 2,960,211 ( 3,540,791) 49,319 3,407,149

Restricted Fund Descriptions

BSC Small Grants

Be a Good Neighbour Childre& You n g People Childre& You n g People (SIG) Community Achievement Awards Creative People and Places (FLUX)

COVID Winter Grant

COMF Grants

Commntnity Chaniptons

Cofamunity Renewal Find

Digital Aspirant Funding

All small grants programme aimed at community groups that can demonstrate and promote good community relations, bring people and neighbourhoods together.

Predweten of 2 films and design of leaflet around 'being a good neighbour’. To aromore and provide services for children, young people and families To Bromoke and provide services for children, young people and families

Awards in recognition of VCS and volunteers

Action-research pragrainihe desivied % deliver lasting impact on Rotherham communities’ participation oin arts and culture Grants to support local VCS organisations including Community Food Members to enable provision of Christmas & Easter food support to families in Rotherham

Support a programme of activity with focus on supporting those coming out of shielding, bringing back community infrastructure lost due to COVID-19

Support to deliver the aeabions of the Community Champions programme through effective community engagement. Delivery of services by VAR and other VCS partners in line with the Anya Pash mowennan project prioritising AveSEHEH " skills, supporting people into employment and investment in communities and places

Funding from NHSx to enhance digital & IT improvements

35

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Restricted Fund Descriptions (continued)

Emergency[Assistance] .[Grants] Grantssupplies. to organisations for the provision of food and essential Feasibility Study Premises procurement study Flood Fixed assets less accumulated depreciation provided by insurers due Damage to the flood damage Food in Crisis Support for the Food in Crisis Partnership Green & Blue SP Data SP Data monitoring & evaluation Household Support Fund Grantsrants toto VCS organisaisation to provideprovi food support pporttoto familiesfamilies in Rotherham Int. Volunteer Approach Advisor Working with ICS on integrated approaches to volunteering Neighbourhood Gov. Imp Pilot ImplementationP of a _ re“ s idi en t/ voluntay and co m muniunity ‘neighbourhood governance' structure in a targeted geographical area NHS BAME SPS Scoping BAME volunteer programme NHS HEP - BAME insight Project to increase BAME participation in social prescribing NHS Cultural Competency Cultural competency training for GP staff NHS Children's Sociat Prescribing Social prescribing service specifically for children NHS GP's Activity Support SupportPP & .developP the engagementeagemen strategyBy with GP's beyondy the current project NHS SPS IBCF Integrated Better Care Funding NHS Mental Health Social Scheme Expansioni of SPS Mentalenta Health as part of Care Navigationigati Piloilot, linked to targeted GP surgeries NHS Mental Health Programme SchCc eme proviidingng VCS Halsoniai servicesi between mentaltal healthhea professionals, services and patients NHS Mental Heatth User Voice Funding to support consultations with service users NHS Mental Health Provider Network Developing and supporting VCS to increase mental health support activity NHS Health Engagement Supporting engagement of the public in Health messages NHS SP Long COVID Support Socialocia Prescribingibing serviceservice aimed at patientspatients sufferingsuffering ffrom tlong COVID. NHS Mental Health Grants Capacity building grants programme supporting mental health NHS Rotherham UECC Link Worker Sct Social Prescribing in Rotherham Hospital NHS BAME Crisis Grant Capacityit’ buildingildi grantst programme supportingi mental hea (th for BAME VCS NHS SMI Patient Voice 20k to externallyt commissionor capacity. buildinga for mental healt h voice NHS Micro Commissioning ; . . , To support the mental health provider network to fill gaps in provision NHS Fitter, Better, Sooner Supporting atients to access support pre-surgery NHS PCN Link Workers A nanone initiative to give patients access to link worker to provide non-medical support NHS PCN SP Link Worker Training Specific training for link workers NHS Social Prescribing Service Project providing VCS liaison services to GP practices NHS Andy's Man Club Room hire and refreshments, Andy's Man Club, Rotherham

36

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

Restricted Fund Descriptions (continued) NHS Community Connectors Communityy (eat(Mental Health)Heath) Connectors - VAR operatinge B and management costs NHS Stroke Link Worker Social Prescribing as part of Stroke Pathway Obj 1 HR & Legal HR & Legal sence for the voluntary and community sector across South Yorkshire Research/ Sector Continuation of surveys of the sector SPS Link Workers Delivery of a community asset-based approach to mental health Single Infrastructure Grant Rotherham (VCS) Infrastructure Services Increase provision and support for children and young people in . . Rotherham. Delivered by 11 VCS members of the Children, Young Smiles for Miles ae : People & Familites Consortium. Managed byy VAR on behalf of the consortium State of the Sector Research South Yorkshire wide state of the VCS research STP/ ICS Integrated Vol Working with ICS on integrated approaches to volunteering SYB ICS VCS SRO role To strengeen thee e ationshiprelati ip with,with, and embed SYB VCSE partners at all levels within the integrated care system SY HR-Basis-Big Lottery To supportPP research into the long-terme sustainability¥ of HR in South Yorkshire SY HR Impact Continuation of HR semes for the voluntary and community sector across South Yorkshire SYB Cancer Alliance WMTY Kitemark Developingping. a> Progprogramme of activityY around cancmetients and what matters to them SY ICS VCSE Sector T0 support VCSEVCSEfrontlinefrontti ngen g ageement intin the desigign of the ICS & VCSE MoU, and engagement in ICB work SY ICS VCSE Engagement Coordination Recruitment and employment of Engagement Co-ordination VCS Resillience Financial resilience to support sustainability of the sector VCS Seasonal Pressures To commission: activityy that supports- reducingucINE P pressures on health services Violence Reduction Unit Community voice on violence reduction strategy Volunteer Expenses Volunteer. expenses for Rotherham Heroes through the COVID pandemic VTL Other Income Training events income To bring about a step change in the Voluntary and Community Sector SYIP Capital to enable greater contribution to the economic regeneration of Rotherham Building Recovery in Communities Service. akd communityY activities to aid recoveryi of drugg and alcohol addition NAVCA Ukraine Thmas rt terial and developmentEMERRORKSof x3 Poe rsver rt arralesegroups and a VCS providers group to support Ukrainian refugees SY ICB ICB Partner VCSE Role - Remuneration of Chied Exec's salary Supporting patients to stay out of hospital and statutory services, Rotherham ASC Funding including additional safe and well checks completed on patients discharged from virtual wards.

37

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

,

Restricted Fund Descriptions (continued) RDASH Mental Health & Wellbeing . . . Mental Health workers to link into VCSE services Navigators RDASH Expert by Experience Mentalo. Health Services/ Transformationsrorm - user input and VAR coordination Shared Prosperity Fund Financial inclusion, and P positive activities to alleviate the cost of livin6 crisis Family Hubs Programme Funding8 from. RMBC to supportPP VCS involvement 0 in the developmentP of the family hubs model

20 Restricted Funds

Unrestricted Designated Restricted
2025 funds funds funds Total
Fixedassets 11,055 - 636,052 647,107
Debtors - - 307,809 307,809
Cash atbank 618,162 558,686 2,708,242 3,885,090
VAR People in Need - - 7,861 7,861
Creditors: amountsfallingduewithinoneyear ( 102,754) - ( 252,815) ( 355,569)
Total 526,463 558,686 3,407,149 4,492,298
Unrestricted Designated Restricted
2024 funds funds funds Total
Fixedassets 11,312 - 656,208 667,520
Debtors 14,585 - 280,801 295,386
Cash atbank 554,933 558,686 3,292,015 4,405,634
VAR People in Need - - 7,933 7,933
Creditors: amounts fallingduewithinoneyear ( 31,278) - ( 298,547) (
Total 549,552 558,686 3,938,410 5,046,648
Reconciliation ofnet (expenditure)/incometonetcashflowfromoperating operating activities
2025 2024
£ £
Netincomeforyear ( 554,350) ( 236,437)
Interestreceivable ( 174,494) ( 143,496)
Depreciation oftangiblefixed assets 39,501 49,268
(Increase)/Decrease in debtors ( 12,423) ( 12,137)
Increase/(Decrease) in creditors 25,744 ( 38,744)
( 676,022) { 381,546)

21 Reconciliation of net (expenditure)/ income to net cash flow from operating activities

38

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

22 Reconciliation of net debt

At 1April Cash At31 March At31 March
2024 flows 2025
£ £ £
Cash atbank and in hand 4,413,568 (520,616) 3,892,952
Debtdue within 1 year - - -
Debtdue after 1year - - -
4,413,568 (520,616) 3,892,952
Spectrum Futures CIC
Profit and loss account
Fortheyearended 31March 2025
2025 2024
£ £
Income
Sales 10,086 23,389
TotalIncome 10,086 23,389
Expenditure
Cost ofsales ( 10,086) ( 23,389)
Total Expenditure ( 10,086) ( 23,389)
Netexpenditure - -

23 Spectrum Futures CIC Profit and loss account For the year ended 31 March 2025

24 Pensions and other post-recruitment benefits

a) Defined contribution pension plans

The charity operates defined contribution pension plans for its employees. The amount recognised as an expense in the period was £102,835 (2024: £76,204). Outstanding defined contribution payments at year end were £nil (2024: Enil).

b) Multi employer pension plan

The company pariticpates in the scheme, a multi-employer scheme which provides benefits to some 638 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore, it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

39

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

24 Pensions and other post-recruitment benefits (continued)

The scheme is classified as a ‘last-man standing arrangement’. Therefore, the company is potentially liable for other participating employers’ obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawalfrom the scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustees’ have asked the participating employers to pay additional contributions to the scheme as follows:

From 1 April 2022 to 31 January 2025 £3,312,000 per annum (payable monthly and increasing by 3% each on 1st April) From 1 April 2019 to 30 September 2025 = =£11,243,000 per annum (payable monthly and increasingly by 3% each on 1st April)

The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities. VAR's share of these revised contributions was £172 during the yearto March 2023, previously £590 to March 2022. Where the scheme is in deficit and where the chairty has agreed to a deficit funding arrangement the charity recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

The present value of the deficit repayment obligation, as noted above, has not been provided for in the Blance sheet because it is immaterial.

VAR paid contributions at the rates between 6% and 9% during the accounting period. Members paid contributions at the rates between 0% and 32% during the accounting period.

When an employer withdraws from a multi-employer defined benefit pension scheme which is in deficit, the employer is required by law to pay its share of the deficitm calculated on a statutory basis (known as the buy-out basis). The calculation basis that applies to the Growth Plan was amended due to a change in the definition of money purchse contained in the Pensions Act 2011 ad therefore Series 3 liabilities have to be included in the calculation of an employer's debt on withdrawal.

VAR has been notified by the Pensions Trust of the estimated employer debt on withdrawal from the Plan based on the financial position of the Plan as at 30 September 2023. As of this date, the estimated employer debt for VAR was £24,759, the estimated debt in the prior year accounts (2023) was £53,718. The decrease in the estimated debt liability is due to greater than expected investment returns, at a time of reduced government bonds yields, which increase liabilities in the scheme. A designated fund has been created by the trustees to reflect this potential future liability.

40

VOLUNTARY ACTION ROTHERHAM LIMITED NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

25 Related party transactions

None of the trustees (or persons connected with them) received any remuneration during the period, but expenses were reimbursed, for travel and internet, totalling £601 (2024: £641).

J Dalton is a Trustee and Director of VAR and the Chair persion to Shiloh. During the year VAR made grants of £nil (2024: £10,740) to Shiloh.

C Batchford is a Trustee and Director of VAR and is also an employee of Social Supermarket. During the year VAR made grants of £5,000 (2024: £5,000) to Social Supermarket.

K Shaw is a Trustee and Director of VAR and is also an employee of The Learning Community. During the year VAR made grants of £54,368 to The Learning Community.

S Lacey is a Trustee and Director of VAR and is also an employee of S62 Community Together Rotherham (CIC). During the year VAR made grants of £9,332 to S62 Community Together Rotherham (CIC).

Other transactions

.

Several VAR trustees are also employers of VAR members organisation to which VAR provides payroll and accountancy services. The charges for these services are relatively small and always on an arm's length basis.

41