Company registration number: 03867757 Charity registration number- 1079880 Rushcliffe Community and Voluntary Service (A covnpany limited by guarantee) Annual Report and Financial Statements for the Year Ended ) l March 2025 Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL
Rushcliffe Community and Voluntary Service Contents Reference and Administrative Details Trustees, Report 2to6 Independent Examiner's Report Statement of Financial Activities 8t09 Balance Sheet 10 Notes to the Financial Statements 11 to21
Rushcliffe Community and Voluntary Service Reference and Administrative Details Truslees Philip Gronow Jane Hawthorn John Gray Alexander Julian Beverley Wonnald Gillian Stevenson Michael Rose Secretary Carolyn Perry Senior Management Team Chief Executive Olricer. Carolyn Peny Charity Registration Number 1079880 Company Registration Number 03867757 Registered Office Cotgrdve Hub Rivemiead Cotgrdve Nottingham NG12 JUQ Eva Stevens. employee of Communily A¢couniing Plus Units l & 2 North West 41 Talbot Street Nottingham NGI iGL Independent Examiner Page I
Rushcliffe Community and Voluntary Service Trustees, Report The trustees, who are directors for the puryjoses of company law. present the annual report together with the financial statements of the charitable company for the year ended ) l March 2025. Truslees and officers The trnstees and officers serving during the year and since the year end were as folloivs: Trustees: Philip Gronow Jane Hawthorn John Gray Alexander Julian Beverley Worniald Gillian Stevenson Michael Rose Secretary-. Carolyn Pery Structure, governanee and management Il'ature ofgoverning documenl The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association adopted ?8 October 1999 and most recently amended 22 October 2009. It has no share capital and the liability of each member in the event of winding-up is limited to £ l. Recruilpnenl and appoinlpnenl of Iruslees The procedures to be observed are Contained in the RCVS Memorandum and Articles of Association adopted on 22nd October 2009. At each AGM one-third of trustees tIre from office. The trustees retiring are decided according to length of service. The AGM elects trustees and honorary officers by vote through a show of haT]ds or by proxy vote. Each member has one vote. Trustees may be elected at the AGM: If recommended for re-election by the trusiees; If nominated by a member of RCVS not less than 14 nor more than J5 clear days before the date of the meeting. Trustees may appoint a person w'ho is willing to act as a trustee but they must retire at the next AGM. The number of trustees will be not less than 6 and not more than 15. Page 2
Rushcliffe Community and Voluntary Service Trustees, Report Objectives and activities Objects and aims The objects of the company shall be to promote any charitable purpose for the benefit of the cornmunity principally. but not exclusively for the local govemment district of Rushcliffe and in particular, the advancement of education. the protection of health and the relief of w)vertv. distress and sickness.. and in the furtherance of said purpose. but not otherwise to promote and organise co-operation in the achievement of same and to that end to bring together representatives of the voluntary Organisations and statutory authorities M-.ithin the area of benefit. Rushcliffe Community. and Voluntary Service provides advice. information and support to voluntary and .h of Rushcliffe and delivers a range of health and social welfare community organisations across the Borou(p services. We work closel). with partner organisatiovjs acr055 all sectors. RCVS"'s activities benefit voluntary sector organisations, individuals and the interaction between the statutory sector and the voluntary and community sector in the South of Nottinghamshire. The Board of Trustees have considered public benefit and concluded that.. l. The aims of the organisation continue to be charitable- 2. The aims and the services delivered give identifiable benefits to the charitable sector and both indirectly and directly to individuals in need. 3. The benefits are for the public, are not unrea50nably restricted in any way and not by ability to pay- 4. There is no detriment or harm arising from the aim5 or activities. A5 a local developtnent and support organisation Rushcliffe Community & Voluntary Service (RCVS) provides services to local voluntary organisations. community groups. charities. faith groups, and others who .7$h to promote, support or engage in local voluntary aciion. These services enable organisations aTJd individuals to deliver better services to members of the public 'hO live or Work in Rushcliffe and Broxtowe. We achieve this by.. Providing inforniation and advice to voluntary and community groups on all issues relating to good practice in volunteer management, including recruitment. training and supporting volunteers. advise on policy whei) involving volunteers; Helping people find voluntary 'ork to suil their interests and skills, acting as a broker between those that want to volunteer and organisations that need them. Providing support to voluntary organisations with funding advice, training, advice and infonnation on legal structures and govemance and most other issues relating to the community and voluntary sector; Supporting older people to access services and support through our older people's projects. The trustees confirn) that ihey have Complied M'ith the requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Coinmission for England and Wales. Page i
Rushcliffe Community and Voluntary Service Trustees, Report Achievements and performance In 2024 RCVS celebrated our 40th anniversary at an event in Ociober, where we celebrated the achievements of Rushcliffe CVS over 40 years, and thanked our dedicated volunleers. The event was attended by over 100 people including past and present staff and trustees, volunteers. the Major of Rushcliffe and partners. During the year our partnership with Newark & Sherwood CVS went from strength to strength, with trustees of both boards agreement to continue lo pursue the option of merger between the two organlsations. At our Extraordinary General meeting held in February, our members too approved the resolution to merge on I st April 2025. Working towards the merger did not detract on delivery of services and RCVS remained committed to delivering a wide range of high qualitv support services to local voluntary and community groups and organisations across Broxtowe and Rushcliffe. adapting our approach to meet the changing needs of the diverse communities we serve. Over the year we supported over 60 groups. provided opportunities lor networking througth the Community Engauement Groups and networking opportunities. We continued to provide much needed and valued services lo meet the needs of older and vulnerable people through our Community Transport in Rushcliffe and Gedling, Befriending and Handy Housekeeper services. During the year. an increase in uptake of our independent living services was evident, with demand for our services continuing to gro.. Over the year. our transport scheme supported 450 passengers to get out and about to shops, social and recreational activilies, and primary care appointments. Our services were supported by 180 volunteers. The Volunteer Centre supports potenlial volunteers to access volunleer opportunities that meet their skills and interests and supports volunteer involving organisations to help them implement good practice and assist with the development of volunteering opportunities. During the year we had contact with over 200 volunteers. sUPPOrted 20 groups to implement good practice and helped to develop over 170 new volunteer opportunities. Our Volunteer Centre launched a new Volunteer CRM and celebrated volunteering during Volunteers week in June. RCVS is active on Social media posting articles on Facebook. Twitter and Linkedin. Page 4
Rushcliffe Community and Voluntary Service Trustees, Report Financial review We ended the year with a surplus which was better than antlclpated. Policy on reserves The Trustees have agreed that adequate reserves should be maintained to cover potential closure (redundancy) costs, project contingencies, general varialions in income generaiion and cash flow.; this amounts to £130,000. The remaining unrestricted reserves will be used to extend the charity's reach, expand existing services and develop new services to meet community needs. Total unrestricted free reserves are about £370,698. Major risks and managemenl oflhose ri5As Finap7cial risks Our balance sheet is strong and we have significant unrestricted reserves. A modest surplus is expected in the current financial year. In the short lemi it is more imporlant to build capacity to grow charitable benefit. Page 5
Rushcliffe Community and Voluntary Service Trustees. Report Slatemenl of Responsibilities The trustees (who are also the directors of Rushcliffe Community and Voluntary Service for the purposes of company law) are responsible for preparing the truslees, reporl and the financial statements in accordance with applicable law and United Kingdom Accountin£ Siandards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Rewrting Siandard applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial staiements unless they are satisfied that they giiwe a true and fair view of the state of affairs of ihe charitable company and of ihe incoming resources and application of resources, including its income and expenditure. of the charitable company for that period. In preparing these financial slatements, the trustees are required to: select suitable accounting policie5 and apply them consistently- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent: state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departure5 disc105ed and explained in the financial statements- and prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial posilion of the charitable company and enable them to ensure that the financial statements comply with the Companies Aci 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible lor the tnaintenance and integrity of the corporate and financial inforn]ation included on the charitable company's website. Leuislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Stnall COTnpanies proTr'ision statement This report has been prepared in accordance with the small companies gIMe under the Companies Act 2006. The annual report was approved by the trustees of the charity on 1811212025 . and signed on its behalf by: John Gray Trustee
Rushcliffe Community and Voluntary Service Independent Examiner's Report to the trustees of Rushcliffe Community and Voluntary Service ('the Compan) ) Independent examiner's report to the trustees of Rushcliffe Community and Voluntary Service ('the Companv,) I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025. Responsibilities and ba515 of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent eiamination. I report in respect of my examlnatlon of your charity's accounts as carried out under section 145 of the Chariiies Act 2011 ('the 2011 Act,). In canying out my examination I have followed the Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act. Independent examiner's statement Since the Companv's gross income exceeded £?50.000 your examiner must be a member of a body listed in section 145 of the 201 l A. I confirm thai l am qualified to undertake the examiiiation because l am a member of the Chartered Institute of Public Finance and Accountancy {CIPFA). which is one of the listed bodies. I have completed my examination. l confim) that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting record5 were not kept in respect of the Company a5 required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements of section )96 of the 2006 Act other than any requirement that the accounts give a 'true and faif view which is not a matter considered as part of an independent examination- or 4. the accounts have not been prepared in accordance with the Tnethod5 and priT]ciple5 of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Eva Stevens. BSC, CPFA. employee of Community Accounting Plus member of the Chartered Institule of Public Finance and AccounLqncy (CIPFA) Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date". 1811212025 Page 7
Rushcliffe Community and Voluntary Service Statement of Financial Activities for the Year Ended 31 March 202$ (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2025 Total 2024 Unrestricted Reslricted Nole Ineome and Endowments from: Donations and legacies Charitable activities Investment income 52,614 423,334 8.991 89,425 278,949 6,661 12,480 8.991 J10,854 Total Income 174,085 310,854 484,9J9 375,035 Expenditure on: Charitable activities (189.896) (916,257) {406.15)) {335,863) Total Expenditure (189.896) (216.?57) {406,15J) (J35,863) Net (expenditure)/income Transfers between funds {15,811) 15,904 94,597 (15,904) 78,786 Net movement in funds 78,693 78,786 39,172 Reconciliation of funds Total funds brought forward i70,605 411,87) 372,701 Total funds carried forward 15 J70,698 119,961 490,659 411,87J The funds breakdowm for the period is shown in note 15. The notes on pages I I to 21 forni an integral part of these financial statements.
Rushcliffe Community and Voluntary Service Statement of Financial Activities for the Year Ended 31 March 202$ (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous accounting period and are included for comparative pury)oses Total Unrestricted Restricted 2024 Note Income and Endoivments from: Donations and legacies Charitable activitie5 Investment income 89,425 106,628 6.661 89,425 278,949 6,661 172,321 Total Income ?0? 714 172,321 375,035 Expenditure on: Charitable activities (160.888) {174.975) {335,863) Total Expenditure (160.888) {174,975) (J35,863) Net incomel(expenditure) 41.826 (2,654) 39,172 Net movement in funds 41,826 {2,654) 39,172 Reconciliation of funds Total funds brought forward J28,779 43,922 372,701 Total funds carried forward 15 J70,605 411,87J The notes on pages I I to 21 forni an integral part of these financial statements. Page 9
Rushcliffe Community and Voluntary Service (Registration number: 03867757) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assels Tangible assets 860 Current assets Debtors Cash at bank and in hand 12 12,789 409,2J8 481,210 496,063 422,027 Creditor5: Amount5 falling due within one year (5,834) (11,014) Net current assets 490,229 411,OlJ Net assets 490,659 411,873 Funds of the charity: Restricted income funds Restricted funds 119,961 41,268 Unrestricted income funds Unrestricted funds J70,698 J70,605 Total funds 15 490,659 411,873 For the financial year ending 31 March ?0?5 the charity was entitled to exemption from audit under section 477 of the Companies Act ?006 relating to small companie5. Directors, re5ponsibilities- The members have not requtred the charity to obtsin an audit of its accounts for the year in question in accordance with section 476- and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial 5tatement5 have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The financial statements on pages 8 to 21 were approved by the trustees, and authorised for issue on 1811212 and signed on their behalf by: John Gray Trustee The notes on pages I I to 21 forni an integral part of these financial statements. Page 10
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 l Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial Statements are set out below. These policie5 have been consistently applied to all the years presente(L unle55 Othenvi5e stated. Slatement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I O?)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK aTJd Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparalion Rushcliffe Community and Volunlary Service meets the definilion of a public benefit entity under FRS 102. Assets and liabilities are initiall). recognised at historical cost or transaction value unless otherwise stated iii the relevant accounting policy notes. Going concern The financial statements have not been prepared on a going concern basis as Rushcliffe CVS will be merging with Newark & Sherwood CVS to create Your CVS (Charity number: 1212646). Exemption from preparing a cash flow statement Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements. Income and endowments Volunlary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income. it is probable that the income will be received and the amount can be measured with sufficient reliability. Donations and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perforniance by the charity before the charity is entitled to the funds: the income is deferred av]d not recognised until either those conditions are fully met, or the fulfilment of those condition5 15 wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and anj conditions linked to the grants have been met. Where performance condition5 are attached to the grant and are yet to be n]et, the income is recognised a5 a liability and included on the balance sheet a5 defeed income to be released. Pagell
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 Deferred income Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: The donor specifies that the grant or donalion musl only be used in future accounting periods. or The donor has imposed conditions which musi be met before the charity has unconditional entitlement. Expendilure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregale similar costs to that calegory. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charilable activities Charitable expenditure comprises those costs incued by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt froTn taxation in respect ol income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act ?0 l O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any Subsequent accumulated depreciation and subsequent accumulated impainnent losse5. Depreciation and aTllOrtisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follom's: Asset class General equipTnent IT equipment Depreciation method and rate 25.0 % Straight line 3J.J /0 Straight line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are recognised initially at the trdnsaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impainnent. A provision for the impairnient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tenns of the receivables. Page 12
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn highly liquid investments that are readily convertible to a known amount of cash and are subject to an insilfICant risk of change in value. Fund struclure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity. Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retiretnent obligat10115 The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Aclivities represent the contributions payable by the charity during the year. 2 Income from donations and legacies Unrestricted funds General Tolal 2025 Total 2024 Donations and legacies: Donations from individuals Gift aid reclaimed Grants. including capital grants: Government grants Grants from other charities Grants from companies 130 14,500 14,500 38,111 27.000 62,251 52,614 52,614 89,425 Page li
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 3 Income from charitable activities Unrestricted funds General Restricted funds Totsl 202) Total 2024 Grants Sales & fees Sundry receipts Shopping reimbursements Fundraising Fares refunds Friends of transport 310,854 310,854 79,250 47 172,321 98,797 79,250 47 7,809 22 90 90 30,275 2,818 2.818 )10,854 42J,3J4 278,949 4 Grants & donations General funds Restrieted funds Total Nottinghamshire County Council Rushcliffe Borough Council Mansfield CVS Ashfield Voluntary Action ABL Health NHS Nottingham & NottUnghaMshi ICB Newark & Shern'ood CVS NHS Charities Broxtowe Borough Council Coop Community Fund Postcode Community Active Partners Trust General Donations 65,792 2,000 23,560 65,792 9,500 35,560 26,111 40,742 84,006 14,320 20,158 7,000 500 50,000 7,000 2,779 7,500 12,000 26,111 40,742 84,006 14,320 20,158 7,000 500 50,000 7,000 2,776 52,614 J10,854 J6J,468 5 Inveslment income Unrestricted fund5 General Total 2025 Total 2024 Interest receivable and similar income; Interest receivable on bank deposits 8,991 8,991 6,661 Page 14
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 6 Iyet incomingloutgoing resources Net incoming resources for the year include: 2025 2024 Depreciation of fixed assets 2,774 7 Expenditure on charitable activities Unrestricted fund5 General Restricted fund5 Total 2025 Total 2024 Bank charges Equipment, repairs & renewals Hospitality & refreshmen(s Insurance Telephone & IT Marketing & promotions Postage Rent & premises maintenance Printing & photocopying Professional fees Publications & subscriptions Recruitment Room hire & events Salaries. NIC & pensions Staff expenses Staff training Stationery & office supplies Volunteer expenses Management costs Grants awarded Depreciation Bad debts Sundry expenditure Shopping expense5 ,307 5,147 58 1,187 5.147 47 2,190 14.141 1,954 1,699 2,190 14,756 1,954 1,699 13,457 1,800 9,252 1,014 1,197 11,006 1,942 2,365 615 115 4,427 261 4,427 261 59 94 1,415 176,275 .795 520 628 679 119,797 1,495 296,072 3.290 520 272,400 1,813 590 947 1.537 2.222 1,592 1,679 220 2,002 42,998 47,667 (42,998) 900 48,567 430 16,508 2,774 163 108 108 5,577 5.577 7,471 189,896 216.257 406,153 335,863 Page 15
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 8 Trustees remuneration and expen5e5 No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 9 Staff costs The aggregate payroll costs were as follows: 2025 2024 Staff eosts during the year were: Wages and salaries Social security costs Pension costs 271,184 12,352 1?,536 252,696 8,974 296,072 272,400 The monthly average number of persons (including senior management fram) employed by the charity during the year was as follows.. 2025 2024 Average number of employees 26 27 12 (2024 - 12) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalled £12,536 (2024 - £10,730). No employee received etnoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £38,769 (2024 - £38,179). 10 Fees pavable to independent examiner During the period, the fees payable (excluding VAT) to the charitv's independent examiner Community Accounting Plus are analysed as follom's: 2025 2024 Independent examination 1,005 965 1.005 965 Page 16
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 I l Tangible fixed assets General equipment IT equipment Total Cost At l April 2024 9.675 15,662 18,337 At 31 March 2025 2,675 15,662 18,337 Depreciation At l April 2024 Charge for the year 2,675 14,802 17,477 430 At J l March 2025 2.675 15,232 17,907 Net book value At 31 March 2025 430 430 At 31 March 2024 860 860 12 Debtors 202) 2024 Trade debtors Prepayments Accrued income Other debtors 11,314 8,794 3,995 3,362 177 14,85) 12,789 13 Creditors: amounts falling due wiihin one year 2025 2024 Other taxation and social security Other creditor5 Accruals Deferred income 1,930 1,759 2,145 4,014 7,000 11,014 Page17
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 14 Commitments Capital commitments The premises lease for Cotgrave Hub started on 01 December 2023 and 15 for 6 year5 at £6,480 per annum. There is a 6 month break clause within the lease. The total amount contracted for but not provided in the financial statements was £6.480 (2024 - £6,480). 15 Funds Balance at 31 March 2025 Balance at I April 2024 Incoming resources Resources expended Transfers Unrestricted funds General General 370,605 174,085 (189,896) 15,904 370,698 Restricted fund5 Voluntary Transport scheme (VTS) South Notts Befriending Infrastructure Support Health Inequality Events Lottery Partnership South Notts Community Development ABL Community Development PH Investing in Communities Active Notts Wami Welcomes Rushcliffe Postage Fund Cornrnunity Development {Icp) 22.546 22,178 2).560 (22,546) (26,181) (20,651 } (926) (13.524) 2,464 1.539 (17.44)) 11.762 1,178 10,836 1,975 14.321 12.721 12,721 (1,391) 40.741 (J6,934} 2,416 46.502 (J4.070} 7.000 50,000 (4,997) 2,003 50,000 84,006 (56,428) 27,578 Total restricted funds )10,854 (216.957) (15,904) 119,961 Total funds 411.87J 484.9J9 (406,15J) 490,659 The transfer from the Infrastructure Support fund to the General fund reflects the release of aT]y restrictions on the use of these funds. The transfer from the General fund to the South Notts Befriending fund is to cover the deficit on this activity. Page18
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 Balanee al I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestricted fund5 General General J28.779 202,714 (160.888) J70,605 Restricted Voluntary Transport scheme {VTS) 23,478 44,525 26,960 12,000 (23,478) (58,867) (32,887) (238) (13,266) South Notts Befriending Infrastructure Support Health Inequality Events Lottery Partnership South Notts Community Development ABL Community Development PH Investing in Communities 16.806 20,461 2,464 11,762 1,178 5,112 ,543 39,?50 6.968 10,508 (28,072) (7,659) (10,508) 12,721 (1,391) Total restricted fund5 172.J21 (174,975) 41,268 Tot21 funds J7? 701 )75,OJ5 (335.86J} 411,873 Page 19
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 The specific purposes for which the funds are to be applied are as follows: The Voluntary Transport Scheme provides a responsive. accessible and flexible service to enable people to live independently, participate in their community and to access social activities, health appointments, shopping, education and other services. Health Inequalities project.. South Notts Place Based Partnership. the objects of the fund is to facilitate community engagement activities linking with health inequalities, innovation and investment in four neighbourhoods with the highest inequalities. South Notts Befriending= Funded through NHS Charities Trust supports those M.-ho are lonely and isolated. It is a personalised. holistic befriendinu service tailored to individual need5 hICh includes face to face and telephone befriending.. a5 well as 5UPPOrting people to take part in local community activities. The South Notts Community Development project: The project develops. 5UPPOrts and promotes voluntary and community action in Rushcliffe and Broxtowe, and supports Integrated Working in Cotgrave and Eastw"ood. The Lottery Partnership: Funded through The National Lottery Community Fund is a project taking place in Mid and South Nottinghamshire. Working in partnehIp wilh Newark and Shernjood CVS the core principle of this project is to provide the besi quality services io our communities and beneficiaries: we believe this will be achieved by working together to explore ways of sharing resOUe$ and developing services. The Infrastrncture support project". Provides infraslrncture and volunteer brokerage support to the voluntary and community sector across Broxtowe and Rushcliffe. ABL Community Developmenl: The project works in communities across South Nottinghamshlre, to enable and empower people and communi(ies to lead healthier and happier lives and supports the transfonnation of services for local people. The funding is paid one month in arrears. so further funding was due and received in the 2024-25 financial year. PH Investing in Communities project= Supports community development approaches in Gedling and Hucknall. In addition, it supports a small grants "Growth Fund, for small grassroots community groups across the South Notts Place Based Partnership. Active Notts Warm Welcomes: SUPPOrts warm spaces to build capacity, develop and 5UStain wann welcomes se in the district borough of Broxtowe. Rushcliffe Postage Fund- I think you mean Rushcliffe Postcode Lottery Fund- restricted to the borough of Rushcliffe for the development of new Services or core services that meets community needs. Community Development {ICP): (South Notts Community Developmeni): the project develops. supports and promotes voluntary and community action in Rushcliffe and Broxtowe. and supports Integrated Working in Cotgrave and Eastwood. Page 20
Rushcliffe Community and Voluntary Service Notes to the Financial Statements for the Year Ended 31 March 2025 16 Analysis of net a55ets between funds Unrestricted 2025 Total funds General Restrieled Tangible fjxed assets Current assets Current liabilities J76,102 (5.834) 119,961 496,063 (5,834) Total net assets i70,698 119,961 490,659 Unrestricted 2024 Total funds General Reslrieled Tangible fixed assets Current assets 860 860 J80,759 {11,014) 41,268 422,027 (11,014) Current liabilities Total net assets )70,605 41,268 411,873 17 Related party transactions There were no related party transactions in the year. 18 Taxalion The charity is a registered charity and is therefore exempt from corporation tsxation. Page21