Volunteer Centre
Kensington and Chelsea
Annual
Report
Empowering our
community to realise
its full potential.
Year 2022-23
|Chair's Foreword|||
|---|---|---|
|Legal and Administrative|Information|3|
|Report ofTrustees|||
|Structure, Governance|and Management||
|Objectives, Vision, Mission and Values|||
|Activities|||
|Core Services|||
|Community
Champions|||
|Specialist Services||16|
|Wellbeing||16|
|Inside Out||21|
|Employment||23|
|Infrastructure||25|
|Financial
Review||28|
|Risk Management||29|
|Strategic Performance||31|
|Reserves Policy||32|
|Investment
Policy||32|
|Future Plans||33|
|Financial Sustainability|and Going Concern|35|
|Statement ofTrustees'|Responsibilities|36|
|Independent
Auditors|Report|39|
|Statement of Financial|Activities|37|
|Notes tothe Financial Statements||43|
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|Valuing
People|We treat everyone
with care, integrity
and respect - empowering
them to realise their potential
and
make a positive
difference
in|
|---|---|
||the community.|
|Collaboratjon|We connect and empower
communities
to come together
using
local resources to meet local needs.|
|Knowledge|We use our local understanding
to help organisations
and groups
adopt good
practices
and
champion
accessible
and
rewarding
volunteering.|
|Creativity|We are a catalyst for local impact, with volunteers,
partners
and the
community,
taking
opportunities,
acting
decisively
to tackle the
causes ofshared problems.|
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|||Unrestricted|Restricted|2023|2022|
|---|---|---|---|---|---|
||Notes|Funds
E|Funds
6|Totalf|Total
6|
|Income
Donations and grants
Charitable
activities||300
262,157|268,556|300
530,713|49
490.910|
|Investments||2,739||2,739|881|
|||265,196||533,752|491,840|
|Expenditure
Charitable
activities||176,413|306,687|483,100|506,669|
|Total||176,413|306,687|483,100|508,889|
|Net incomel(expenditure)||88,783|(38,131)|50,652|(14,829)|
|Transfer between funds|14|(46,876)|46.876|||
|Net movement
in funds||41,907|8,745|50,652|(14,829)|
|Reconcgbrtton
offunds||||||
|Total funds brought
forward|14|209,038|11,555|220,593|235,422|
|Total funds carried foneard|14|6250,945|620,300|6271,245|6220,593|
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|||BALANCE SHEET|BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT 31sr MARCH 2023||||
||||2023|||
|||Notes|E|||
|FIXEDASSETS||||||
|Tangible fbred assets|||||278|
|CURRENT ASSETS||||||
|Debtors
Cash at bank and In hand||12|45,233
275,288|38,918
222,840||
||||320,521|261,758||
|CREDITORS: Amounts
within one year|falling due|13|49,276|41,443||
|NET CURRENT ASSETS|||271,245||220,315|
|NETASSETS||15|8271,245||f220,593|
|FUNDS||||||
|Restricted||14|20,300||11,555|
|Unrestricted
General Funds||14|247,389||204,038|
|Designated
Funds|||3,556||5,000|
|||14|6271,245||8220,593|
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|FOR THE|YEAR ENDE|D 31sr MARCH|2023||
|---|---|---|---|---|
|||Notes|2023
E|2022f|
|Cash flows from operating
actlvtges
Net movement
in funds|||50,652|(14,829)|
|Adjustmenbr
for:
Depreckdlon
Interest receivable|||278
(2,739)|279
(881)|
|(Increase)/Decrease
in debtors
(Decrease)/Increase
in creditors|||(6,315)
7,833|(17,899)
16,916|
|Net cash (used in)/provided
by operating|activities||49,709|(16,214)|
|Cash flows from invesgng
acgvtties
Interest received|||2,739||
|Purchase oftangible
fixed assets|||||
|Nst cash (used in)/provided
by Invesgng|activities||2,739||
|Change
In cash and cash equivalents|||52,448|(15,333)|
|Cash snd cash equivalents
brought
forward|||222,840|238,173|
|Cash and cash equhralsnts
carried forward|||f275,288|8222,840|
|Analysis ofcash and cash equivalents|||||
|Cash at bank snd in hand|||f275,288|f222,840|
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|FOR|THE YEAR ENDED 3ts
Icontd...||MARCH 2023|MARCH 2023|||
|---|---|---|---|---|---|---|
|DONATIONS
AND GRANTS|Unrestricted||Restricted||Total|Total|
||funds||funds||2023|2022|
|Donations|6300|||ENil|6300|649|
|All ofthe f49 recognised
in 2022 related to unrestricted||funds.|||||
|INCOME FROM CHARITABLE|Unrestricted||Restricted||Total|Total|
|ACTIVITIES|funds||funds||2023|2022|
||6||6||6||
|Volunteer Brokerage|||||||
|Royal Borough of Kensington
Chelsea|and
133,287||||133,287|128,287|
|Kensington
and Chelsea Social|||||||
|Council||||||6,328|
|The Kensington
and Chelsea|||||||
|Foundation|11,667||||11,667||
|Nafional
Lottery Awards For All
Consulting
and training fees
1,607|||||1,607|1,000|
|Camden
Charities|3,120||||3,120||
|Employment
Camden
Charities|60,000||||60,000|108,000|
|Welt4rslng|||||||
|Royal Borough ofKensington
Chelsea|snd||30,000||30,000|30,000|
|Tudor Trust||||||30,000|
|Kensington
and Chelsea Social|||||||
|Council|||46,268||46,268|43,841|
|Julia and Hens Reusing Trust|||7,500||7,500||
|Other||||||1,000|
|Resetgsment
Scheme|||||||
|Ciiy Bridge Trust
Henry Smith|||51,600||51,800|35,500|
|Charles Hayward|||10,000||10,000||
|Ambassadors|||||||
|Kensington
&Chelsea Foundaaon||||||28,333|
|Good Neighbours|||||||
|Community
Champions|||||||
|Royal Borough ofKensington|||||||
|and Chelsea|52,476||24,000||76,476|56,000|
|Kensington
8 Chelsea Sordal|Council||11,554||11,554|6,026|
|West London Clinical Commissioning
Group||||||5.000|
|Training
and Consultancy|||||||
|Other
Covld Related Grants|||2,884||2,884|1,002
10,593|
|SEND Volunteering
Project|||||||
|Royal Borough ofKensington
and Chelsea|||84,750||84,750||
||6262,157||6268,556||f530,713|f490,910|
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|INVESTMENT INCOME|Unrestdcted|Restdcted|Total|Total|
|---|---|---|---|---|
||funds|funds|2023|2022|
|Bank interest|E2,739|ENil|E2,739|E881|
|5.|EXPENDITURE ON CHARITABLE|EXPENDITURE ON CHARITABLE|EXPENDITURE ON CHARITABLE||Support|Total|Total|
|---|---|---|---|---|---|---|---|
||ACTIVITIES||||costs|2023|2022|
||Volunteering
services|||F345,157|E137,943|E483,100|6506,669|
||Of the E506.669|expenditure|recognised|in 2022, E265,341 was||charged
to unrestricted
f||
||f241,328was charged to mstdcted funds.|||||||
|B.|ANALYSIS OF DIRECT COSTS|||||2023|2022|
|||||||E|E|
||Staff costs|||||305,768|342,879|
||Other direct costs|||||39,389|21,653|
|||||||E345,157|E364,532|
|7.|ANALYSIS OF BUPPORT COSTS|||||2023||
|||||||E||
||Staff costs|||||86,063|65,215|
||Office costs|||||38,936|47,636|
||Premises costs|||||25,178|22,239|
||Governance
costs|(see Note 8)||||7,766|7,047|
|||||||E137,943|E142,137|
|8.|GOVERNANCE COSTS|||||2023|2022|
|||||||E|E|
||Audit and accounts|fees||||3,288|2,909|
||Trustees meetings|and insurance||||783|495|
||Staff costs|||||3,695|3,643|
|||||||E7,766|E7,047|
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|NET INCOMEI(EXPENDITURE)
FORTHE YEAR|NET INCOMEI(EXPENDITURE)
FORTHE YEAR|2023|2022|
|---|---|---|---|
|The net income for the|year isstated after charging:|||
|Operating
lease rentals||825,178|822,239|
|Depiactatlon
oftangible|fixed assets|8278|8279|
|Auditor's
remuneration|—audit services|82,500|F2,409|
||-non audit services|8788|8500|
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||During the year Trustees received no remuneration
(|2022: ENil) or reimbursed
expen|ses (2022:|
|---|---|---|---|
|10.|STAFF COSTS AND NUMBERS|2023|2022|
||Staff costs were as follows:|8|8|
||Wages and salaries
Social security costs|309,890
26,499|340340
29,223|
||Pension costs|16,807|18,611|
|||8353,196|388,074|
||Recruitment
and training costs|2,717|2,232|
||Freelance fees|19,613|21,431|
|||8375,526|8411,737|
||2023|2022|
|---|---|---|
||No.|No.|
|Charitable scavi8es|7.9|9.4|
|Support activities|0.8|0.8|
||8.7|10.2|
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/contd. ..|||
|---|---|---|---|---|---|
|11.|FIXEDASSETS||||Computer|
||||||Equipment|
||||||E|
||Cast'|||||
||Balance st 1 April 2022||||1,114|
||Additions|||||
||Balance st 31 March|2023|||1,114|
||Deprsdsgon:|||||
||Balance st 1 Aprg 2022||||836|
||Charge for the year||||278|
||Balance at 31March|2023|||1,1'l4|
||Nst book value:|||||
||At 31March 2023||||ENil|
||At 31Mamh 2022||||f278|
|12.|DEBTORS|||2023f||
||Trade debtors|||43,610|38,017|
||Prepaymenls
and accrued income|||1,623|817|
||Other debtos||||84|
|||||E45,233|E38.918|
|13.|CREDITORS —Amounts||falling due within ane year|2023|2022|
||||||E|
||Trade creditors|||8,134|320|
||Accruals and deferred|income||41,142|41,123|
|||||E49,276|E41,443|
||Defenad Income analysts|||2023
E|2022f|
||As at 1April 2022|||36,828|18,500|
||Addlbans
during the year|||25,443|36,828|
||Amounts
released to|income||(36,828)|(18,500)|
||As at 31March 2022|||f25,443|f36,828|
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|14.|MOVEMENT|IN FUNDS|IN FUNDS||||Transfers||
|---|---|---|---|---|---|---|---|---|
|||||Brought|||Between|Carried|
|||||Forward|Income|Expenditure|Funds|Forward|
||||||6|5|E|6|
||2023||||||||
||Restricted funds||||||||
||Community
Champions
Well4reing|||922
10,633|38,438
83,768|107,977
114,932|68,617
20,531||
||Resetgement
Scheme
SEND Volunteering
Project||||61,600
84,750|72,528
11,250|10,928
(53,200)|20,300|
||Total restricted funds|||11,555|268,556|306,687|48,876|20,300|
||Unrestricted|funds|||||||
||General|||204,038|265,196|176,413|(45,432)|247,389|
||Designated|||5,000|||(1,444)|3,556|
|||||209,038|265,196|176,413|(48,876)|250,945|
||TOTAL FUNDS|||E220,593|5533,752|6483,100|ENII|5271,245|
|||||Transfers||
|---|---|---|---|---|---|
||Brought|||Between|Carried|
||Forward
f|Income
6|Expenditure
E|Funds
5|Forward
5|
|2922||||||
|Restricted funds||||||
|Community
Champions
Well-being
K&CAmbassadors|982|21,028
104,841
28,333|68,106
95,190
28,333|48,000|922
10,633|
|Grenfell response
ReseNement
Scheme||35,500|49,699|14,199||
|Total restricted funds||189,702|241,328|62,199|11,555|
|Unrestricted
funds||||||
|General||302,138|245,341|(62,199)|204,038|
|Designated|25,000||20,000|-|5,000|
||234,440|302,138|265,341|(62,199)|209,038|
|TOTALFUNDS|E235,422|5491,840|5506,669|ENII|5220,593|
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|||
Icontd. ..|||
|---|---|---|---|---|
|15.|ANALYSIS OF NET ASSETS|Unrestricted|Restricted|Total|
||BETWEEN FUNDS|Fundsf|Fundsf|Furldsf|
||Fixed assets||||
||Current assets|274,778|45,743|320,521|
||Current
liabilities|(23,833)|(25,443)|(49,276)|
||At 31 March 2023|f250,945|f20,300|f271,245|
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Fundsf|Furldsf|Fundsf|
|Fixed assets||278||278|
|Current|assets|213,375|48,383|261,758|
|Current|liabilities|(4,615)|(36,828)|(41,443)|
|At 31 March 2022||f209,038|F11,555|f220,593|
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