## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** **AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** **Company Registration Number: 04061592 Charity Number: 1084083** ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |**CONTENTS**|**PAGES**| |---|---| |Members of the Board and professional advisers|1| |Trustees’ annual report|2 to 13| |Auditors’ report|14 to 16| |Statement of financial activities|17| |Balance sheet|18| |Statement of cash flows|19| |Notes to the financial statements|20 to 35| **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS** ## **YEAR ENDED 31 MARCH 2022** |**The board of trustees**|David Barker (retired November 2021)| |---|---| ||Ian Dodds| ||Paul Ennals (retired November 2021)| ||Michael Pratt (retired November 2021)| ||Fiona Wharton (retired November 2021)| ||Alison Dunn| ||Donna Bulmer| ||Jennifer Clark (nee McAteer)| ||David Robinson (retired November 2021)| ||Steven Duckworth| ||Michael Fawole| ||Edward Kunonga| ||Kerry Robinson| ||Kumareswaradas Ramanathas| ||Jonathan Carling (appointed November 2021)| ||Sandra Coulter (appointed November 2021)| ||Colin Hewitt (appointed November 2021)| ||Jane Kingston (appointed November 2021)| ||Victoria McMann (appointed November 2021)| |**Company secretary**|Carol Ownsworth (nee Botten)| |**Registered office**|4thFloor| ||MEA House| ||Ellison Place| ||Newcastle upon Tyne| ||Tyne and Wear| ||NE1 8XS| |**Accountants**|Debére Limited| ||Chartered Accountants| ||Swallow House| ||Parsons Road| ||Washington| ||Tyne and Wear| ||NE37 1EZ| |**Auditors**|Read, Milburn & Co| ||Chartered Accountants| ||71 Howard Street| ||North Shields| ||Tyne and Wear| ||NE30 1AF| |**Bankers**|Unity Trust Bank Plc| ||Four Brindleyplace| ||Birmingham| ||B1 2HB| - 1 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** The trustees, who are the directors of the organisation for the purpose of Company Law, present their annual director’s report together with the charity’s financial statements for the year ended March 31[st] , 2022, which are also prepared to meet the requirements of a director’s report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice, which is applicable to charities preparing their accounts in accordance with the Financial Reporting Standard that applies in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **Reference and administrative details** **Name:** Voluntary Organisations' Network North East (VONNE) **Charity Registration Number** : 1084083 **Registered Office** : 4[th] Floor, MEA House, Ellison Place, Newcastle upon Tyne NE1 8XS **Company Registration Number** : 4061592 Names of the charity trustees at the date this report was approved: **Chair** : Alison Dunn (appointed as Chair November 2021), formerly Sir Paul Ennals (resigned November 2021) **Treasurer:** Donna Bulmer ## **Trustees:** David Barker (retired November 2021) Ian Dodds OBE Paul Ennals (retired November 2021) Michael Pratt (retired November 2021) Fiona Wharton (retired November 2021) Alison Dunn (appointed as Chair November 2021) Donna Bulmer Jennifer Clark (nee McAteer) David Robinson (retired November 2021) Steven Duckworth Vice Chair (appointed as Vice Chair November 2021) Michael Fawole Edward Kunonga Kerry Robinson Kumareswaradas Ramanathas Jonathan Carling (appointed November 2021) Sandra Coulter (appointed November 2021) Colin Hewitt (appointed November 2021) Jane Kingston (appointed November 2021) Victoria McMann (appointed November 2021) ## **Company secretary** : Carol Ownsworth (nee Botten) **Key management personnel:** Carol Botten, Chief Executive, and Anne Fry, Deputy Chief Executive **Bankers** : Unity Trust Bank, Four Brindleyplace, Birmingham B1 2JB **Accountants:** Debere, Swallow House, Parsons Road, Washington, Tyne and Wear NE37 1EZ **Auditors** : Read Milburn & Company, 71 Howard Street, North Shields, Tyne & Wear NE30 1AF - 2 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The organisation, a registered charity, is controlled by its governing document, the Articles of Association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Recruitment and appointment of new trustees** The VONNE board of trustees has between three and 15 members. Trustees are nominated and elected from the membership. Notice is sent to all members prior to the Annual General Meeting (AGM), with each member organisation entitled to vote. Up to six trustees may be appointed by serving trustees for their particular expertise, qualifications and knowledge. ## **Induction and training of new trustees** New trustees have a full induction delivered by the chief executive and key team members prior to attending their first board meeting. They are provided with an induction pack containing all the key information about VONNE, Charity Commission guidance, role descriptions and other relevant materials. ## **Organisation structure** VONNE is managed by a board of trustees elected from the membership and governed by the Memorandum and Articles of Association. The board takes all strategic decisions relating to VONNE, including: - receiving and reviewing reports from the chief executive and company secretary - acting as the formal employer of VONNE's staff, ensuring activity and performance is regularly reviewed and evaluated - monitoring and assessing VONNE’s financial position, including budget setting - developing, reviewing and monitoring VONNE's strategic plan and annual work plan, to influence and direct VONNE's work - agreeing and reviewing appropriate policies and ensuring VONNE meets its legal responsibilities - communicating relevant information and views gathered outside VONNE to staff and trustees. There’s a finance sub-group that reports to the board on finance, internal policy and human resources issues. ## **Risk management** Trustees reviewed the risk register this year and monitor it regularly, with a full review carried out annually. Trustees are confident that risks have been identified, appropriate preventative measures are in place and remedial activities are available. VONNE's financial processes are regularly reviewed, both by the board and externally, to ensure they continue to be robust. ## **Indemnity insurance** VONNE has professional indemnity insurance cover, in respect of the trustees and officers of the charity. - 3 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **VONNE’S Mission** To support the development and sustainability of a strong, effective and well governed Voluntary, Community and Social Enterprise (VCSE) sector, and promote engagement, involvement and collaboration with the sector as a valued partner. ## **VONNE's strategic aims 2015-2022** - To be the expert source of knowledge and intelligence on the VCSE sector in the North East with a particular focus on the exiting and emerging needs of the people and communities it serves. - To be a source of information to the VCSE sector on issues that impact upon it. - To raise the North East sector’s profile and be a leading voice for it. - To support external stakeholders to effectively engage and collaborate with the VCSE community, through effective system change and new approaches. - To support the North East VCSE sector to be effective, ambitious and enterprising. - • To be an effective and sustainable organisation. ## **VONNE’s values** - Striving for excellence - Transparency - Inclusivity and fairness - Learning and sharing ## **Public benefit** VONNE’s objectives provide benefit to the public in North East England (area of benefit) by promoting and supporting the effectiveness of voluntary and community organisations. Trustees of VONNE confirm they’ve read and paid due regard to the Charity Commission's guidance on public benefit. Trustees confirm they’ve complied with their duties under Section 4 of the Charities Act 2006 with regard to public benefit. Having considered the guidance, trustees have concluded that VONNE’s work directly supports and strengthens the North East VCSE community with guidance and information, and increases its ability to influence policy and practice in the region. - 4 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **ANNUAL REVIEW** ## **VONNE Membership** Our 1,305 members, 25 per cent of whom are Membership+ supporters, allow us to continue our work to strengthen and support the North East’s VCSE sector. Our members give us a collective voice that enables us to represent our sector regionally and nationally. Membership numbers have increased slightly since last year. Membership+ is our paid for membership scheme, which gives members access to a range of enhanced benefits. Membership+ fees contribute towards core running costs, with every penny re-invested into our work. Membership+ numbers have also increased slightly since last year. ## **VONNE Jobs** Our Job Finder service had another successful year, with a record number of listings. The jobs pages on our website received an average of around 24,000 page views each month, while our weekly ebulletin was sent to over 3,000 subscribers and @VONNEJobs Twitter had more than more than 2,400 followers. We advertised over 1,400 job and trustee vacancies in sector organisations across the region through the year, more than double the previous year. This is in line with national trends for VCSE job advertising services. As part of our commitment to champion better recruitment practices in the North East VCSE sector, we continued to support key campaigns such as #ShowTheSalary and #OpenToAll. #ShowTheSalary is a national campaign to always include salaries in job adverts to promote transparency and encourage fairer wages across the VCSE sector. #OpenToAll means employers not asking for a degree in job adverts unless one is essential for the role. Both initiatives aim to remove barriers to entry to roles in the VCSE sector. ## **Enhanced Recruitment Service** Our enhanced recruitment service, which includes salary benchmarking, a trustee finder service and enhanced recruitment support has generated an income of £9,035 throughout the year. We saw a particular increase in demand for our salary benchmarking service as organisations restructured following Covid-19. We look forward to further growing this area of work in the coming years. ## **Information and intelligence** We raise the profile of the sector and ensure it is valued as an equal partner. We’re an expert source of intelligence on the sector and provide information to the VCSE community on issues that affect it. ## **Our ebulletins** Through our regular VONNENews, VONNEJobs, FINE and Health & Wellbeing ebulletins, we keep North East VCSE organisations informed about key information. In 2021-22 we also circulated the Criminal Justice ebulletin, although this will pass to CLINKS going forward. Last year we sent a total of 123 ebulletins to more than 8,500 opted-in subscribers. We sent slightly fewer bulletins compared to 2020-21, however, subscriber numbers increased by over 300. - 5 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **VCS Emergencies Partnership** VONNE continued in our role as regional Liaison Lead for the VCS Emergencies Partnership project, which shares local intelligence with regional and national structures to inform emergency responses and influence policy decisions. During the year 2021-22 we have disseminated key messages relating to Covid-19 and the invasion of Ukraine to the North East VCSE sector to inform the mobilisation of regional support. ## **UK Shared Prosperity Fund** The UK Shared Prosperity Fund (UKSPF) launched in April 2022, and in the year prior VONNE has shared key intelligence and information with the sector, built strong relationships with the likely lead authorities for UKSPF in the region, and influenced approaches to plans for engagement and consultation with the sector and possible delivery and programme models. We facilitated specific roundtable sessions between local and combined authorities, representatives from the Dept. for Work & Pensions and the Education & Skills Funding Agency with VCSE organisations that work with black, minoritized and refugee and migrant communities, with the aims of raising awareness of the network of organisations able to deliver services and catalyse conversation about partnership working and great collaboration. ## **Partnerships and collaboration** We facilitate networks to strengthen the VCSE sector and act as a ‘connector’, bringing people and organisations together to make things happen. ## **Networks** We provide learning opportunities and encourage collaboration through our Membership+ supporter scheme and CEO Peer Support Network, which is a benefit of silver and gold Membership+ that usually meets monthly. The network, which is open to the CEOs of silver and gold Membership+ supporters enables leaders to share challenges and support each other in a ‘safe space’. We facilitate the North East and Cumbria Funders’ Network, through which we share information and support funders to collaborate and better support grant applicants. In 2021/22 we have focused on aligning funding approaches with the needs of the sector as we emerge from the Covid-19 pandemic and enabling the sharing of information between funders and other stakeholders. We’re a key partner of the North East Social Leaders Network, the North of Tyne Combined Authority Inclusive Economy Board, and within the North East LEP, on which our CEO serves as a board member, we also represent the sector on the North East Skills Advisory Panel. We facilitate the VCSE Skills, Inclusion and Employment Focus Group to feed in and back to these structures. We’ve facilitated the North East Building Better Opportunities Network, bringing projects together with representatives from both the North East LEP and Tees Valley Combined Authority to ensure learning and legacy can be fed into UKSPF plans and wider employability provision and policy. As members of the North East Child Poverty Commission, we worked with other members and the North East Chamber of Commerce to demand urgent government action to address the levels of child poverty in the region and widen access to free school meals. - 6 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** We support networks of Local Infrastructure Organisations (LIOs) across the region, bringing them together both to facilitate joint working, and to disseminate relevant policy information from VONNE to their grassroots member groups. Continuing partnership projects include: - **Digital Pathfinders,** a three year cross sector partnership which aims to encourage digital adoption across sectors. VONNE acts as the VCSE partner and offers access to free, independent, high quality, digital expertise through masterclasses and 12 hours of bespoke one to one support. - **Safer Culture North East** with LIOs from across the region, which was reconfigured due to Covid-19, and supports organisations to understand their safeguarding responsibilities when delivering digital services. The project highlights the importance of safeguarding to informal community and mutual aid groups and delivers online training sessions for participants across the North East region. - **Local Access Redcar & Cleveland and Hartlepool (LARCH)** , which is tackling local inequality by boosting the Tees Valley’s social economy through enterprise development support and access to blended social investment. In early 2022 the LARCH Programme Manager was appointed and the programme will be fully launched in 2022. - The **VONNE Climate Action Alliance,** through funding from the Catalyst & National Lottery Community Fund Development programme, and working with SIDE Labs developed and launched the Going Green Together website (www.goinggreentogether.org) and campaign. This new platform enables VCSE organisations to learn more about the climate emergency, provides actions and supporting information to enable organisations to take their first steps in climate action and encourages and enables organisations to share their work that they are doing to inspire others. - The cross-sectoral **North East England Climate Coalition (NEECCo)** , hosted by VONNE, continues to work towards a regional approach to address the climate emergency, ecological collapse and the need for a just transition working across a number of areas including built environment, land use and agriculture, waste & resources, retrofitting housing, indicators, and sustainable finance. - **Developing a VCSE community hub with the MEA Trust at MEA House** : Engagement and development work has continued with the MEA House community to help create a hub for the VCSE sector. - The **National Lottery Community Fund’s Digital Infrastructure programme** , which will allow us to work with Shift Design and DataKind to improve the quality, use and analysis of our data to strengthen our offer to the VCSE sector and share our learnings to benefit all members. ## **Health and Wellbeing** VONNE is the lead partner in the North East and North Cumbria (NENC) VCSE Partnership Programme, an NHS England and NHS Improvement-instigated scheme supporting the VCSE community to create alliances to facilitate a coordinated VCSE voice at Integrated Care System (ICS) level, and have greater strategic influence in emerging ICS governance structures resulting from the white paper, Integration and Innovation: working together to improve health and social care for all, which set out legislation to move ICSs onto a statutory footing. We have secured funding from stakeholders including the ICS for 2021/22, and full funding from the ICS for 2022/23 including dedicated funds for reimbursement of VCSE representatives involved in ICS strategic meetings. We have also secured places for VCSE representatives on both of the ICS boards to further embed the VCSE within the system. The Partnership Programme hosts a growing Health and Wellbeing Network, with membership increasing from 113 to 264 over the year 2021/22. Partnership Forum meetings are held bi-monthly for senior VCSE managers responsible for organisational policy and strategy. The forum hosts a variety of guest speakers including new ICS Chief Executive Sam Allen, and the members act as a representative group with whom external stakeholders can engage. - 7 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** We have supported the development of coordinated relationships with NHS workstreams, establishing VCSE representatives within the Learning Disabilities and Autism and Ageing Well workstreams, as well as building on the relationship with the Mental Health Programme Board to double the funding in 2022/23 for the VCSE Mental Health lead, who is situated within the Partnership Programme in partnership with Blue Stone Collaborative. Working in partnership with the Creating Connections research network, we have secured funding from the network for a Health & Wellbeing Research Partnerships Coordinator post commencing in 2022/23 to facilitate improved relationships between the VCSE and research, and to strengthen VCSE understanding and ability to direct research in support of improved outcomes for beneficiaries. VONNE represents the VCSE within the NENC ICS Health Inequalities Advisory Group and Operational Group and has worked with NENC Applied Research Collaboration (ARC) health inequalities researchers and public health leads to produce qualitative research into exploring the pandemic’s direct and indirect impact on vulnerable and at-risk groups, and to explore longer-term impacts on these groups and the VCSE orgs that support them. VONNE is the North East & Yorkshire regional lead for the National Academy for Social Prescribing (NASP) Thriving Communities Programme, a national programme for voluntary, community, faith and social enterprise (VCFSE) groups supporting communities most impacted by Covid-19. During the year we have delivered regional ‘Learning Together’ programmes involving over 170 VCFSE leaders, to share learning, gain ideas, access funding and develop partnerships across sectors. We will be continuing and expanding the programme during 2022/23. Our Health and Wellbeing Associate is the NENC Social Prescribing Facilitator, working with NHS England and Improvement to provide strategic support to embed social prescribing across health settings working with the VCSE and wider stakeholders. We have established and support a NENC social prescribing virtual network bringing together regional and local NHS partners with VCSE. We have secured additional funding via the North East & North Cumbria ICS to support expanding the network in 2022/23 to become a Healthy Communities and Social Prescribing Network to foster greater collaboration and partnerships to support social prescribing and tackling health inequalities. During the year we received additional NHSE Personalised Care resource to support work to encourage development of social prescribing for children and young people and to lead on a piece of research and development work exploring unpaid carers experiences of the discharge from hospital process for the person they care for. We have commissioned Northumbria University to undertake the research work which will be completed by end of 2022/23. Our Health and Wellbeing Associate was also part of a national NHS Volunteering Task Force which has put forward a set of recommendations to NHSE Board and Dept. Of Health & Social Care (DHSC) intended to ‘realise the potential for volunteering to have a greater impact in the NHS and social care’. VONNE is co-lead for a North East pilot project ‘Reading for Wellbeing’ supported by the author Ann Cleeves, who has donated funds matched by 6 local authorities to recruit 9 community reading workers, supporting people to access books and reading to improve their health and wellbeing. The project was formally launched in September 2021 and received significant press coverage nationally and regionally and has been showcased nationally at a NASP and Arts Council England Libraries and Social Prescribing Innovations 2021/22 Webinar. The Health and Wellbeing team has been restructured to reflect the increased workload and integration into health structures, resulting in the creation of three new externally-funded posts; VCSE Engagement Manager, Social Prescribing Engagement Manager and Health and Wellbeing Projects Support Officer, all of which have been recruited. - 8 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **Digital and Innovation** This year VONNE has continued our support for the sector with digital and innovation through our ERDF funded Catalysing Innovation project, working with the Innovation Super Network; the Digital Pathfinders programme; and support for the sector with digital inclusion. Working with external stakeholders this year we held workshops for the sector on: - Data Protection Essentials exploring the key issues for organisations around compliance in an accessible, easy to understand format - Healthy Ageing funding workshop with Innovate UK to promote their opportunities to the North East VCSE sector - Introduction to easy fundraising, supporting organisations to raise funds through an innovative online shopping platform - Working with Accenture’s Tech for Good team we delivered workshops to the sector on - Hybrid Working - Project Management methodologies - Design Thinking and how to adopt them in a VCSE organisation Within the Digital Pathfinders programme we held workshops on a variety of topics including accessible online content, understanding and using data, digital marketing and many more. This year we hosted 11 masterclasses and engaged 50 organisations in the programme. During this year we continued our work in digital inclusion. This involved acting as subject lead within the VCS Emergencies Partnership and working in collaboration with two other infrastructure organisations to map digital inclusion activity in the sector across the North and produce a final report titled ‘Are We All Included?’. ## **Criminal Justice** Our partnership with Clinks ensures the voluntary sector in the North East is kept up to date with changes to criminal justice policy, in partnership with local organisations and agencies, to build strategic relationships and represent voluntary organisations within local statutory structures. A key focus for the year has been facilitating work to influence the new probation model which mobilised in June 2021. The Development Officer (DO) has developed relationships with the Regional Probation Director (RPD) to ensure the voluntary sector are at the forefront of discussions to support people in the criminal justice system. The DO has worked with the RPD to develop an engagement strategy for the sector with a commitment to holding regular meetings and events, as well as attending the North East criminal justice informal networking hours and criminal justice forums. This work will influence future commissioning strategies ensuring money is kept within the North East and not given to large, national providers. The Development Officer sits on a number of strategic boards including Reducing Reoffending Partnership Boards, providing a voice for the voluntary sector. Moving to online delivery has strengthened the North East VCSE Criminal Justice Network, improving partnership working in the region and providing sector intelligence which our partner, Clinks, uses to influence Government policy. From April 2022, Clinks will directly employ a role to develop and deliver regional networks and support activity across the North and our specific secondment arrangement to support the North East VCSE organisations working in criminal justice will come to an end. - 9 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **Support and resilience** We provide the sector with funding information and encourage consideration of different funding streams. We also work to increase understanding among funders of the sector’s needs. Last year, we: - continued our community support and engagement work with Northern Powergrid, facilitating their _Future Fairness Panel_ of representatives from VCSE organisations across the north, and sitting on their Social Experts Advisory Group and main Stakeholder Panel; - supported the North East Charity Awards encouraging organisations to nominate themselves and for the wider sector and region, to celebrate and promote the sector’s vital work across the region within and beyond the pandemic; - informed VCSE organisations of funding information and opportunities through our FINE services – the online searchable FINE directory open access, and fortnightly FINE ebulletins. ## **FINANCIAL REVIEW** The 2021/22 financial year saw further growth of overall income (16%) and expenditure (30%) from the previous financial year, due in part to new project development and funding for our work addressing the climate emergency, engaging the VCSE sector with the ICS, Digital Pathfinders and Digital Infrastructure funding, as well as other project funding. Our core earned income from membership fees, job advertising and recruitment services increased again during this financial year with job advertising performing particularly well. At year end, we achieved a £93,027 surplus on the general unrestricted fund, with some movements in our designated funds resulted in an overall surplus of £111,924 a better position than budgeted for due to additional income and reduced core costs. We spent some designated funds consistent with our strategic objectives and against allocations made towards the end of the previous financial year. We spent out the existing restricted funds relating to a number of projects but received further restricted income in continuation funding for several projects, which increased the funds held in restricted reserves back up to £152,971. We anticipate the majority of these restricted funds to be spent in 2022-2023. The trustees have prepared forecasts for 2022-2025 to consider the potential impact on VONNE of possible scenarios on funding, alongside measures that can be taken to mitigate this. Based on these assessments and the current reserves position, the trustees have concluded they can continue to adopt the going concern basis in preparing the annual report and financial statements. ## **Reserves policy** VONNE believes it’s important to maintain a reserves policy to ensure effective resource management, and to enable financial viability and longer-term sustainability. Four key elements have been taken into consideration to assess a realistic reserve level. These are: - The reliability of current income sources and new income opportunities - Expenditure on planned activities - Future needs, contingencies and risks - Consequences of being unable to meet forecast needs. VONNE has no endowment funding and has no significant capital assets it could earn from, or dispose of, to realise additional income. Significant levels of activity are funded through grants or contracts from the public and charitable sectors, but these resources are generally time-limited and usually restricted by the funder. Uncertainties are compounded by the ongoing economic impact of the Covid-19 pandemic and wider political instability on the VCSE sector and wider economy. In addition, the board considers there to be a higher level of uncertainty around funding and income streams for infrastructure organisations. As a consequence, a conservative reserves policy is considered the most appropriate. - 10 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** The VONNE board uses a continual process of careful financial management, and will aim to review, establish and maintain adequate reserves to enable the organisation to function effectively. A cautious approach to investment is adopted, maximising income by using interest-earning, short-term, accessible bank accounts. Annually, the board will review the amount of funds designated for specific purposes, such as maternity and sickness salary cover, redundancy liability, and organisational development funds (outlined in full below). In addition, the board agrees to hold general unrestricted reserves to cover organisational running costs for between 6 and 12 months, with a target of 9 months, to continue VONNE’s activities should anticipated income not be received. ## **Designed funds** The current total amount of funds designated for specific purposes is £244,683 (see below for further detail). Over and above this, VONNE holds a total of £91,932 in general unrestricted reserves, which would be sufficient to continue VONNE’s core activities for 7 months should anticipated income not be received. Since core costs change from year to year and have such an influence over the total level of reserves required, all elements of this policy will be reviewed bi-annually each June and December, or more frequently if requested by the board. - 11 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **TRUSTEES’ ANNUAL REPORT** _(continued)_ ## **YEAR ENDED 31 MARCH 2022** ## **The trustees wish to allocate the unrestricted closing reserve level of £336,615 in the following manner:** |Project development and innovation fund
A project development fund to support new initiatives and unforeseen project activities to
strengthen the VCSE sector in the North East or the sustainability of VONNE.|£20,000| |---|---| |European Regional Development Fund (ERDF) Innovation Clusters match fund
Agreed match funding for this ERDF-funded project to support innovation in the North East VCSE
sector.|£16,665| |Repair and renewals fund
To meet the ongoing costs of repairing and replacing capital equipment, and in particular, IT
equipment.|£2,500| |Maternity cover and jury service reserve
To meet the additional costs of maternity pay and cover, or the costs of longer-term sick leave or
jury service.|£37,952| |Redundancy fund
To cover the costs of redundancy for individuals whose posts may be lost during a restructure, or
as a result of funding streams coming to an end. Redundancy costs are calculated on the basis of
current weekly pay.|£65,066| |Organisational development fund
To meet the development costs of new income generation/sustainability activities for VONNE,
including significant staff development investments. Any activities funded would include a
proportion of related staff costs.|£20,000| |Covid-19 working arrangements reconfiguration fund
To meet the specific costs of any Covid-19 related reconfigurations to the VONNE office or
working practices.|£2,500| |Office reconfiguration
To meet the costs of longer-term reconfigurations to the VONNE office to enable a more flexible
working space.|£7,000| |Website Development Fund
To meet the costs of development of the VONNE website to provide better content, useability and
customer service for our members and the wider VCSE sector.|£30,000| |Organisational Restructure Fund
To meet the costs of salaries of new roles with the VONNE members services, operational and
projects and partnerships team to increase capacity to deliver our wider programme of services,
projects and initiatives.|£43,000| |TOTAL DESIGNATED FUNDS|£244,683| |Unrestricted (free) reserves|£91,932| - 12 - VOLUNTARY ORGANISATIONS, NETWORK NORTH EAST TRUSTEES, ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2022 Statement of trustees. responsibilities The trustee5 (who are also the directors of VONNE for the purposes of Company Lawl are responsible for preparing the report of the trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company Law requires trustees to prepare financial statements for each financial year that give a true and fair view of the stale of affairs of the charitable company, and of the income and application of resources, including the income and expenditure of the charitable company for that period. In preparing these slatemenls, trustees are required lo.. select suitable accounts'ng policies and apply them consistently observe the methods and principles in the charity Statement of Recommended Practice (SORPI make judgements and estimates that are reasonable and prudent prepare financial statements on an ongoing concern basis, unless it15 inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records, which disclose with reasonaNe accura¢y at any time the financial position of the charitable company, lo enable them to ensure 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 reosonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: ther8 is no relevant audit information of which the charitsble company's auditors are unaware., and the trustees have taken all steps they ought lo have taken to make themselves aware of any ￿levant audit infom)ation. and to establish that the auditors are aware of that information. Auditors The auditors Read Milbum & Company will be proposed for re-appointment at the ft)rthcoming Annual General Meeting. On behalf of the board.. Alison Dunn (Chair} 1/1 I /£OZL Date= .......... 13- ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **YEAR ENDED 31 MARCH 2022** ## **Opinion** We have audited the financial statements of Voluntary Organisations’ Network North East (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **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 Auditors' 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 other 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 trustees' 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. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, 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 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. - 14 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **YEAR ENDED 31 MARCH 2022** ## **Opinions on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of the audit: - the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the Report of the Trustees has been prepared in accordance with applicable legal requirements. ## **Matters on which we are required to report by exception** In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes 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 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. ## **Our responsibilities for the audit of the financial statements** 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 a Report of the Independent Auditors 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 these financial statements. - 15 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **YEAR ENDED 31 MARCH 2022** Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. In this regard, our procedures include the following: - Enquiry of management around actual and potential litigation and claims; - Reviewing minutes of meetings of those charged with governance; - Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; - Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. ## **Use of our report** This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Nicholas Liley FCA (Senior Statutory Auditor) for and on behalf of Read, Milburn & Co 71 Howard Street North Shields Tyne and Wear NE30 1AF 10 November 2022 Date: ............................................. - 16 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)** ## **YEAR ENDED 31 MARCH 2022** |**Notes**
**INCOME FROM:**
Voluntary income
4
Investment income
5
Charitable activities
6
**TOTAL INCOME**
**EXPENDITURE ON:**
**_Charitable activities_**

**TOTAL EXPENDITURE**
7

**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
15
**Net movement in funds**
8
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**|**Unrestricted**
**General**
**Funds**
**£**
_–_
535
329,902
330,437

(237,410)
(237,410)
93,027
(88,788)
4,239
87,693
91,932
|**Funds**
**Desig-**
**nated**
**Funds**
**£**
**Restricted**
**Funds**
**£**
_–_
_–_
_–_
_–_
_–_
501,249
_–_
501,249
(29,553)
(452,799)

(29,553)
(452,799)

(29,553)
48,450
86,110
2,678
56,557
51,128
188,126
101,843
244,683
152,971
|**Total**
**Funds**
**2022**
**£**
_–_
535
831,151
831,686

(719,762)

(719,762)


111,924
_–_
111,924
377,662
489,586
|_Total_
_Funds_
_2021_
_£_
_300_
_3,156_
_692,055_
_695,511_
_(553,744)_
_(553,744)_
_141,767_
_–_
_141,767_
_235,895_
_377,662_| |---|---|---|---|---| All of the above amounts relate to continuing activities. The notes on pages 20 to 35 form part of these financial statements - 17 - VOLUNTARY ORGANISATIONS. NETWORK NORTH EAST Regislered Number 04061592 BALANCE SHEET 31 MARCH 2022 Notes 2022 2021 FIXED ASSETS Intangib￿ assets Tangible assets 11 12 2.526 8,053 10,874 13,348 CURRENT ASSETS Debtors Cash at bank and in hand 13 197,606 667 844 160,543 865,450 696, 796 CREDITORS Amounts falling due within one year 14 386 738 NET CURRENT ASSETS 478.712 364.314 TOTAL ASSETS LESS CURRENT LIABILITIES 48 377 NET ASSETS 489,586 377,662 The funds of the charity: Unreslricled funds.. General fund Designated funds 91.932 87.693 188 126 336,615 275,819 Restricted funds 152 971 TOTAL FUNDS 15 489,586 377.662 These financial slalements have been prepared in accordan￿ with the Provisions applicable to companies subject lo small companies regime. The trustees acknowledge their responsibilities for complying with the requirements of Companies Act 2006 with respect to accounting records and the preparation ol financial statements. These financial slalements were approved by the Board of Directors on their behalf by.. nd gigned on Donna Bulmer (Treasurer} The notes on pages 20 10 35 form part of these financial statements 18- ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **STATEMENT OF CASH FLOWS** ## **31 MARCH 2022** |**Notes**
Cash generated from operating activities
17
**Net cash from operating activities**
**Cash flows from investing activities**
Purchase of intangible assets
Purchase of tangible assets
Interest received
**Net cash used in investing activities**
**Net increase/(decrease) in cash and cash**
**equivalents**
**Cash and cash equivalents at beginning of year**
**Cash and cash equivalents at end of year**|**2022**
**£**

137,681
137,681
_–_
(6,625)
535
(6,090)
131,591
536,253
667,844|_2021_
_£_
_253,918_
_253,918_

_(3,000)_
_(3,090)_
_3,156_
_(2,934)_

_250,984_
_285,269_
_536,253_| |---|---|---| The notes on pages 20 to 35 form part of these financial statements - 19 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **1 Accounting policies** ## **Charity information** Voluntary Organisations’ Network North East is a private company limited by guarantee incorporated in England and Wales. The registered office is Mea house, Ellison Place, Newcastle Upon Tyne, NE1 8XS. ## **Accounting convention** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective from 1 January 2019, the Charities Act 2011 and UK Generally Accepted Accounting Practice and the requirements of the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. ## **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 levels 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. In response to the COVID-19 pandemic, the trustees have considered the impact on their business, alongside the measures they can take to mitigate the impact. Based on the assessments made in order to mitigate the current adverse conditions, and the current resources available, the trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts. ## **Income** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The income shown in the statement of financial activities represents the value of all services delivered during the year, at selling price exclusive of Value Added Tax. Sales are recognised at the point at which the charity has fulfilled its contractual obligations to the customer. ## **Grant income** Revenue grants are credited to incoming resources on the earlier date of when they are received or receivable, unless they relate to a specific period, or alternatively, where there are conditions which must be fulfilled prior to entitlement or use of the grant, in which case they are deferred into subsequent accounting periods and are treated as grants or income in advance. ## **Resources expended and Irrecoverable VAT** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Irrecoverable VAT is charged against the category of resources expenses for which it was incurred. - 20 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **1 Accounting policies** _(continued)_ ## **Support costs** 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 and include project management carried out at Headquarters. 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. Premises’ overheads have been allocated on an apportionment basis and other overheads have been allocated on an apportionment basis. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. ## **Intangible assets** Intangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Amortisation is provided at the following rates in order to write off each asset over its estimated useful life. Website development – 33% on cost ## **Tangible fixed assets** Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings – 33% on cost Computer equipment – 33% on cost ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash at bank and in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. - 21 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **1 Accounting policies** _(continued)_ ## **Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement after allowing for any trade discounts due. ## **Financial instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## **Statement of cash flow** The charity has prepared a statement of cash flow on the basis that they are defined as a large charity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds include amounts allocated to various funds by the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Operating lease agreements** Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease. ## **Capital commitments** The charity has no contractual commitments at the year end. ## **Critical accounting estimates and areas of judgement** Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectation of future events that are believed to be reasonable under the circumstances. - 22 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **2. Company Status** The company is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. ## **3 Statement of Financial Activities for the prior year** |**Notes**
**INCOME FROM:**
Voluntary income
4
Investment income
5
Charitable activities
6
**TOTAL INCOME**
**EXPENDITURE ON:**
**_Charitable activities_**

**TOTAL EXPENDITURE**
7

**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
15

**Net movement in funds**
8
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**
**4**
**Voluntary income**
Donations
**5**
**Investment income**
Deposit account interest receivable|**Unrestricted Funds**
**General**
**Funds**
**£**
**Desig-**
**nated**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Total**
**Funds**
**2021**
**£**
300
_–_
_–_
300
3,156
_–_
_–_
3,156
343,602
_–_
348,453
692,055
347,058
_–_
348,453
695,511


(261,122)
(24,066)
(268,556)
(553,744)
(261,122)
(24,066)
(268,556)
(553,744)

85,936
(24,066)
79,897
141,767
(95,123)
73,177
21,946
_–_
(9,187)
49,111
101,843
141,767
96,880
139,015
_–_
235,895
87,693
188,126
101,843
377,662



**Unrestricted**
**2022**
**£**
-
**Unrestricted**
**2022**
**£**
535|_2021_
_£_
_300_
_2021_
_£_
_3,156_| |---|---|---| - 23 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **6 Income from resources from charitable activities** |Policy & Consultancy Projects
Health & Wellbeing Projects
Climate Emergency Projects
COVID-19 Response & Recovery
Projects
Funding Information North East
North East Funders Network
VONNE – Core Income
**Total**|**Grant**
**income**
**£**
239,135
134,636
71,344
16,750
13,500
_–_
45,000
520,365
|**Sales**
**and**
**events**
**£**
70,513
107,059
_–_
_–_
_–_
10,000
123,214
310,786
|**Total**
**Restricted**
**Funds**
**£**
**Total Un-**
**restricted**
**Funds**
**£**
239,135
70,513
160,520
81,175
71,344
_–_
16,750
_–_
13,500
_–_
_–_
10,000
_–_
168,214
501,249
329,902
|**Total**
**2022**
**£**
309,648
241,695
71,344
16,750
13,500
10,000
168,214

831,151
|_Total_
_2021_
_£_
_185,451_
_137,118_
_113,476_
_78,662_
_10,000_
_10,000_
_157,348_
_692,055_| |---|---|---|---|---|---| ## **7 Charitable activities costs** |**Charitable activities costs**||||| |---|---|---|---|---| |Policy & Consultancy
Projects
Health & Wellbeing Projects
Climate Emergency Projects
COVID-19 Response &
Recovery Projects
FINE
North East Funders Network
VONNE – Core Expenditure
**Total**|**Direct**
**costs**
**£**
227,006
210,070
72,079
20,213
11,588
9,348
83,059
633,363|**Depre-**
**ciation**
**£**
**Support**
**Costs**
**£**
**Events**
**&**
**Meetings**
**£**
**Governance**
**costs**
**£**
2,956
24,686
222
777
2,871
21,731
907
756
1,376
12,765
_–_
363
1,387
9,795
_–_
365
191
1,671
_–_
50
78
554
_–_
20
240
1,430
1,061
147
9,099
72,632
2,190
2,478|**Total**
**Funds**
**2022**
**£**
255,647
236,335
86,583
31,760
13,500
10,000
85,937
719,762|**Total**
**Funds**
**2021**
**£**
_204,539_
_82,728_
_88,719_
_55,652_
_10,499_
_10,000_
_101,607_| |||||
_553,744_| In the year ended 31 March 2022, total expenditure of £266,963 (2021: £285,188) was unrestricted and £452,799 (2021: £268,556) was restricted. ## **Direct costs are made up as follows:** |Staff costs (per note 10)
Recruitment costs
Research and consultancy
Travel and subsistence
Training projects
**Governance costs are made up as follows:**
AGM expenses
Auditors’ remuneration|**2022**
**£**
407,876
563
224,288
636
_–_
633,363

**2022**
**£**
93
2,385
2,478
|_2021_
_£_
_285,315_
_120_
_199,700_
_4,894_
_425_
_490,454_
_2021_
_£_
_173_
_2,295_
_2,468_| |---|---|---| - 24 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **8 Net movement in funds** Net movement in funds are stated after charging/(crediting): |Auditors’ remuneration
Depreciation – owned assets
Website development amortisation
Rent|**2022**
**£**
2,385
3,572
5,527
20,187|_2021_
_£_
_2,295_
_2,219_
_4,538_
_15,195_| |---|---|---| ## **9 Trustees’ remuneration and benefits** There were no trustees’ remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **Trustees’ expenses** There were no trustees’ expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **10 Staff costs** |Wages and salaries
Social security costs
Pension costs
he average monthly number of employees during the year was as follows:
Chief Executive Officer
Staff|**2022**
**£**
359,236
26,976
21,664
407,876


**2022**
1
13
14
|_2021_
_£_
_248,935_
_18,780_
_17,600_
_285,315_
_2021_
_1_
_8_
_9_| |---|---|---| The average monthly number of employees during the year was as follows: No employees received emoluments in excess of £60,000 (2021: £60,000). The total remuneration and benefits paid to key management amounted to £99,565 (2021: £96,928) - 25 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **11 Intangible fixed assets** ||||**Website**| |---|---|---|---| ||||**Development**| ||||**£**| |**COST**|||| |At 1 April 2021|||16,750| |Additions|||_–_| |Disposals|||_–_| |At 31 March 2022|||16,750| |**AMORTISATION**|||| |At 1 April 2021|||8,697| |Charge for the year|||5,527| |Amortisation written off in the year|||_–_| |At 31 March 2022|||14,224| |**NET BOOK VALUE**|||| |At 31 March 2022|||2,526| |At 31 March 2021|||_8,053_| |**angible fixed assets**|||| ||**Fittings and**|**Computer**|| ||**fittings**|**Equipment**|**Total**| ||**£**|**£**|**£**| |**COST**|||| |At 1 April 2021|10,476|10,560|21,036| |Additions|2,415|4,210|6,625| |Disposals|_–_|_–_|_–_| |At 31 March 2022|12,891
|14,770|27,661| |**DEPRECIATION**|||| |At 1 April 2021|10,404|5,337|15,741| |Charge for year|404|3,168|3,572| |Disposals|_–_|_–_|_–_| |At 31 March 2022|10,808
|8,505|19,313| |**NET BOOK VALUE**|||| |At 31 March 2022|2,083|6,265|8,348| |At 31 March 2021|_72_|_5,223_|_5,295_| ## **12 Tangible fixed assets** - 26 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **13 Debtors: Amounts falling due within one year** |Trade debtors
Prepayments
Accrued income
Other debtors
**reditors: Amounts falling due within one year**
Trade creditors
Taxation and social security
Accruals
Deferred income
Other creditors|**2022**
**£**
142,159
1,360
53,879
208
197,606

**2022**
**£**
7,574
42,634
10,363
322,986
3,181
386,738
|_2021_
_£_
_152,989_
_4,490_
_3,064_
_–_
_160,543_
_2021_
_£_
_3,558_
_22,612_
_20,207_
_284,747_
_1,358_
_332,482_| |---|---|---| ## **14 Creditors: Amounts falling due within one year** ## **Accrued and Deferred income** Included in accruals and deferred income / prepayments and accrued income are the following provisions for deferred income/(accrued income): |_1_
Membership income
North East Funders Network
VONNE Climate Action Alliance Catalyst Definition
ERDF: Catalysing Innovation in NE Clusters
North East Climate Coalition
Digital Infrastructure Programme – National Lottery
Digital Pathfinders NTCA
NENC ICS VCSE Leadership Programme
Northern Powergrid – Community Engagement
Development & Co-Ordination Support MEA Trust
Local Access Programme

Northern Powergrid – Events
National Academy for Social Prescribing
Events sponsorship
Policy & Consultancy
Office accommodation
Personalised Care – Children & Young People
VONNE Association Thrive Hub
Personalised Care - Carers
NIHR/ ARC Research Partnership Coordination
Recruitment Support Services|_April 2021_
_£_
**Receivable**
**£**
_18,607_
40,671
_–_
2,500
_(1,350)_
1,350
_(1,364)_
8,838
_72,874_
9,000
_50,000_
5,000
_–_
24,785
_88,133_
112,050
_–_
7,440
_–_
13,606
_–_
73,800
_5,133_
_–_
_50,000_
62,083
_–_
1,000
_–_
3,490
_–_
1,000
_–_
31,000
_–_
15,100
_–_
100,000
_–_
39,995
_(350)_
350
_281,683_
553,058

|**Released**
**£**
**31 March**
**2022**
**£**
(36,841)
22,437
(10,000)
(7,500)
_–_
_–_
(10,567)
(3,093)
(60,994)
20,880
(55,000)
_–_
(58,599)
(33,814)
(131,715)
68,468
(14,880)
(7,440)
(13,888)
(282)
(72,181)
1,619
(5,133)
_–_
(81,175)
30,908
(1,850)
(850)
(3,890)
(400)
(1,500)
(500)
(1,939)
29,061
_–_
15,100
(5,482)
94,518
_–_
39,995
_–_
_–_
(565,634)
269,107
| |---|---|---| The deferrals included in creditors relate to those grants, donations and income specified as relating to a specific period and represent those parts of the grants, donations or income which relate to periods subsequent to the accounting year end and are treated as grants or income in advance, or alternatively where there are conditions which must be fulfilled prior to entitlement or use of the grant or donation by the charity. - 27 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** |**For the year ended 31 March 2022**
**Designated funds**
Project development & innovation fund
Redundancy fund
Repair and replacement fund
Maternity, sickness and jury service fund
Organisational development fund
COVID-19 working arrangements
reconfiguration fund
Office reconfiguration fund

Website development fund
Organisational restructure fund
ERDF Innovation Clusters Match fund

**Unrestricted funds**
General funds
Northern Powergrid – Event Co-ordination
Support – VCSE Engagement in Health
**Restricted funds**
ERDF: Catalysing Innovation in North East
Clusters
Digital Infrastructure Programme – National
Lottery Community Fund
Local Access Programme – Access
Foundation
CVD Networks – VCS Engagement
Digital Pathfinders NTCA
VONNE Climate Action Alliance – Lankelly
Chase
Ann Cleeves Community Reading
Facilitators
COVID-19 Recovery – County Durham
Community Foundation
COVID-19 Response Grant National Lottery
Community Fund
PHE Health Inequalities/ COVID-19
NENC Integrated Care System VCS
Leadership Programme
VCS Emergencies Partnership – NAVCA
**TOTAL FUNDS**|_At 1_
_April_
_2021_
_£_

_40,000_
_28,584_
_2,500_
_45,377_
_40,000_
_5,000_
_10,000_
_–_
_–_
_16,665_
_188,126_


_85,020_
_1,633_
_1,040_
_87,693_

_–_
_–_
_726_
_9,750_
_–_
_24,757_
_34,600_
_1,732_
_21,278_
_9,000_
_–_
_–_
_101,843_
_377,662_
|**Net**
**movement**
**in funds**
**£**

_–_
_–_
_–_
(750)
_–_
(2,334)
(3,028)
(6,776)
_–_
(16,665)
(29,553)

95,700
(1,633)
(1,040)
93,027

(2,678)
16,266
46,583
-
12,128
(15,239)
(34,600)
(1,732)
(21,278)
(9,000)
50,000
8,000
48,450

111,924|**Transfers**
**between**
**funds**
**£**
(20,000)
36,482
_–_
(6,675)
(20,000)
(166)
28
36,776
43,000
16,665
86,110

(88,788)
_–_
_–_
(88,788)

2,678
_–_
_–_
_–_
_–_
_–_
_–_
_–_
_–_
_–_
_–_
_–_
2,678

_–_|**At 31**
**March**
**2022**
**£**
20,000
65,066
2,500
37,952
20,000
2,500
7,000
30,000
43,000
16,665
244,683

91,932
_–_
_–_| |---|---|---|---|---| |||||91,932

_–_
16,266
47,309
9,750
12,128
9,518
_–_
_–_
_–_
_–_
50,000
8,000
152,971

489,586| - 28 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** _(continued)_ ## **For the year ended 31 March 2022** _(continued)_ Net movement in funds, included in the above are as follows: |et movement in funds, included in the above are as follows:|||| |---|---|---|---| ||**Incoming**|**Resources**|**Movement**| ||**resources**|**Expended**|**in funds**| ||**£**|**£**|**£**| |**Designated funds**|||| |Maternity, sickness and jury service fund|_–_|(750)|(750)| |COVID-19 working arrangements reconfiguration fund|_–_|(2,334)|(2,334)| |Office Reconfiguration fund|_–_|(3,028)|(3,028)| |Website development fund|_–_|(6,776)|(6,776| |ERDF Innovation Clusters Match fund|–|(16,665)|(16,665)| ||_–_|(29,553)
|(29,553)| |**Unrestricted funds**|||| |General Fund|126,749|(31,049)|95,700| |Millfield House Foundation|42,000|(42,000)|_–_| |Clinks|50,500|(50,500)|_–_| |Northern Powergrid – Community Engagement|14,880|(14,880)|_–_| |North East Funders Network - National Lottery Community Fund|10,000|(10,000)|_–_| |Northern Powergrid – Event Co-ordination|5,133|(6,766)|(1,633)| |NENC Integrated Care System VCS Leadership Programme|_–_|(1,040)|(1,040)| |National Academy for Social Prescribing|81,175|(81,175)|_–_| ||330,437|(237,410)
|93,027| |**Restricted funds**|||| |Funding Information North East|13,500|(13,500)|_–_| |ERDF: Catalysing Innovation in NE Clusters|10,567|(13,245)|(2,678)| |Digital Infrastructure Programme – National Lottery Community|||| |Fund|55,000|(38,734)|16,266| |Local Access Programme – Access Foundation|72,181|(25,598)|46,583| |Safeguarding Partnership – funded jointly by Dept, for Digital|||| |Culture Media and Sport and the National Lottery Community|||| |Fund|28,900|(28,900)|_–_| |North East England Climate Coalition – NENC Integrated Care|||| |System|60,994|(60,994)|_–_| |Digital Pathfinders NTCA|58,599|(46,471)|12,128| |Personalised Care - Children & Young People|1,939|(1,939)|_–_| |VONNE Climate Action Alliance Catalyst Definition Programme|5,000|(5,000)|_–_| |Personalised Care - Carers|5,482|(5,482)|_–_| |VONNE Climate Action Alliance – Lankelly Chase|350|(15,589)|(15,239)| |Ann Cleeves Community Reading Facilitators|25,884|(60,484)|(34,600)| |COVID-19 Response Grant – County Durham Community|||| |Foundation|_–_|(1,732)|(1,732)| |COVID-19 Response Grant National Lottery Community Fund|_–_|(21,278)|(21,278)| |VONNE Climate Action Alliance Catalyst Development|5,000|(5,000)|_–_| |Programme|||| |PHE Health Inequalities / COVID-19|(4,500)|(4,500)|(9,000)| |Development & Co-ordination Support MEA Trust|13,888|(13,888)|_–_| |NENC Integrated Care System VCS Leadership Programme|131,715|(81,715)|50,000| |VCS Emergencies Partnership – NAVCA|16,750|(8,750)|8,000| ||501,249|(452,799)
|48,450| |**TOTAL FUNDS**|831,686|(719,762)|111,924| - 29 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** _(continued)_ |**_For the year ended 31 March 2021_**|_At 1_|**_Net_**|**_Transfers_**|**_At 31_**| |---|---|---|---|---| ||_April_|**_movement_**|**_between_**|**_March_**| ||_2020_|**_in funds_**|**_funds_**|**_2021_**| ||_£_|**_£_**|**_£_**|**_£_**| |**_Unrestricted funds_**||||| |_General funds_|_96,830_|_83,313_|_(95,123)_|_85,020_| |_Yes We Can Leadership_|_50_|_(50)_|_–_|_–_| |_Northern Powergrid – Event Co-ordination_|_–_|_1,633_|_–_|_1,633_| |_North of England Commissioning_||||| |_Support – VCSE Engagement in Health_|_–_|_1,040_|_–_|_1,040_| ||_96,880_
|_85,936_
|_(95,123)_
|_87,693_
| |**_Designated funds_**||||| |_Project development & innovation fund_|_20,000_|_–_|_20,000_|_40,000_| |_Redundancy fund_|_17,644_|_–_|_10,940_|_28,584_| |_Repair and replacement fund_|_2,500_|_(4,698)_|_4,698_|_2,500_| |_Maternity, sickness and jury service fund_|_43,253_|_(750)_|_2,874_|_45,377_| |_Organisational development fund_|_22,000_|_–_|_18,000_|_40,000_| |_COVID-19 working arrangements_||||| |_reconfiguration fund_|_5,000_|_–_|_–_|_5,000_| |_Office reconfiguration fund_|_10,000_|_–_|_–_|_10,000_| |_ERDF Innovation Clusters Match fund_|_18,618_|_(18,618)_|_16,665_|_16,665_| ||_139,015_
|_(24,066)_
|_73,177_
|_188,126_
| |**_Restricted funds_**||||| |_Connect Fund North East – Investing for_||||| |_Social Impact_|_–_|_(885)_|_885_|_–_| |_Funding Information North East_|_–_|_(499)_|_499_|_–_| |_ERDF: Catalysing Innovation in North East_||||| |_Clusters_|_–_|_(20,562)_|_20,562_|_–_| |_Local Access Programme – Access_||||| |_Foundation_|_–_|_726_|_–_|_726_| |_CVD Networks – VCS Engagement_|_–_|_9,750_|_–_|_9,750_| |_VONNE Climate Action Alliance – Lankelly_||||_24,757_| |_Chase_|_–_|_24,757_|_–_|| |_Ann Cleeves Community Reading_||||_34,600_| |_Facilitators_|_–_|_34,600_|_–_|| |_COVID-19 Response Grant National Lottery_||||_21,278_| |_Community Fund_|_–_|_21,278_|_–_|| |_PHE Health Inequalities / COVID-19_|_–_|_9,000_|_–_|_9,000_| |_COVID-19 Recovery – County Durham_||||| |_Community Foundation_|_–_|_1,732_|_–_|_1,732_| ||_–_|_79,897_|_21,946_
|_101,843_| |**_TOTAL FUNDS_**|_235,895_|_141,767_|_–_|_377,662_| - 30 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** _(continued)_ ## **For the year ended 31 March 2021** _(continued)_ _Net movement in funds, included in the above are as follows:_ |_et movement in funds, included in the above are as follows:_|||| |---|---|---|---| ||**_Incoming_**|**_Resources_**|**_Movement_**| ||**_resources_**|**_Expended_**|**_in funds_**| ||**_£_**|**_£_**|**_£_**| |**_Designated funds_**|||| |_Repair and replacement fund_|_–_|_(4,698)_|_(4,698)_| |_Maternity, sickness and Jury fund_|_–_|_(750)_|_(750)_| |_ERDF Innovation Clusters Match fund_|_–_|_(18,618)_|_(18,618)_| ||_–_|_(24,066)_
|_(24,066)_| |**_Unrestricted funds_**|||| |_General Fund_|_88,804_|_(5,491)_|_83,313_| |_Yes We Can Leadership_|_–_|_(50)_|_(50)_| |_Millfield House Foundation_|_42,000_|_(42,000)_|_–_| |_Sir James Knott Trust – Ageing Well Community of Practice_|_30,000_|_(30,000)_|_–_| |_Clinks_|_50,124_|_(50,124)_|_–_| |_Northern Powergrid – Community Engagement_|_14,880_|_(14,880)_|_–_| |_North East Funders Network - National Lottery Community Fund_|_10,000_|_(10,000)_|_–_| |_Northern Powergrid – Event Co-ordination_|_12,967_|_(11,334)_|_1,633_| |_Development & Co-ordination Support MEA Trust_|_15,165_|_(15,165)_|_–_| |_National Academy for Social Prescribing_|_17,484_|_(17,484)_|_–_| |_NENC Integrated Care System VCS Leadership Programme_|_65,634_|_(64,594)_|_1,040_| ||_347,058_|_(261,122)_
|_85,936_| |**_Restricted funds_**|||| |_Funding Information North East_|_10,000_|_(10,499)_|_(499)_| |_ERDF: Catalysing Innovation in NE Clusters_|_6,446_|_(27,008)_|_(20,562)_| |_Connect Fund North East – Investing for Social Impact_|_–_|_(885)_|_(885)_| |_Local Access Programme – Access Foundation_|_17,574_|_(16,848)_|_726_| |_Safeguarding Partnership – funded jointly by Dept, for Digital_|||| |_Culture Media and Sport and the National Lottery Community_|_66,095_|_(66,095)_|_–_| |_Fund_|||| |_North East England Climate Coalition – NENC Integrated Care_|||| |_Systems_|_37,126_|_(37,126)_|_–_| |_North East Climate Coalition – Community Foundation Tyne &_|||| |_Wear and Northumberland_|_10,000_|_(10,000)_|_–_| |_Design HOPS_|_2,200_|_(2,200)_|_–_| |_VONNE Climate Action Alliance Catalyst Definition Programme_|_1,350_|_(1,350)_|_–_| |_CVD Networks – VCS Engagement_|_10,000_|_(250)_|_9,750_| |_VONNE Climate Action Alliance – Lankelly Chase_|_60,000_|_(35,243)_|_24,757_| |_Ann Cleeves Community Reading Facilitators_|_35,000_|_(400)_|_34,600_| |_COVID-19 Response Grant – County Durham Community_|_6,000_|_(6,000)_|_–_| |_Foundation_|||| |_COVID-19 Response Grant Community Foundation Tyne & Wear_|_10,000_|_(10,000)_|_–_| |_& Northumberland_|||| |_COVID-19 Response Grant National Lottery Community Fund_|_38,602_|_(17,324)_|_21,278_| |_VONNE Climate Action Alliance Catalyst Discovery Programme_|_5,000_|_(5,000)_|_–_| |_PHE Health Inequalities / COVID-19_|_9,000_|_–_|_9,000_| |_VCS Emergencies Partnership - NAVCA_|_9,500_|_(9,500)_|_–_| |_County Durham Community Foundation – COVID-19_|_5,000_|_(3,268)_|_1,732_| |_Community Foundation Tyne & Wear and Northumberland Dept_|||| |_for DCMS (Big Night In)_|_9,560_|_(9,560)_|_–_| ||_348,453_|_(268,556)_
|_79,897_| |**_TOTAL FUNDS_**|_695,511_|_(553,744)_|_141,767_| - 31 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** _(continued)_ ## **Designated Funds:** The designated funds were established in 2007/08 for the initial support or extensions to special projects and are reviewed annually by the trustees. They are as follows: ## **Organisational Development Fund** To meet the development costs of new income generation/sustainability activities for VONNE including significant staff development investments. Any activities funded would include a proportion of related staff costs. ## **Project Development & Innovation Fund** A project development fund to support new initiatives and unforeseen project activities to strengthen the VCSE sector in the North East or the sustainability of VONNE. ## **Maternity, Sickness and Jury Fund** To cover additional staffing costs due to extended periods of absence. The fund has been decreased slightly in the year, to reflect staff changes. ## **ERDF Innovation Clusters Match Fund** Funding committed to match ERDF funding for the Innovation Clusters project. Due to the project continuing to 2023, a transfer has been made into designated reserves to match the forecasted spends. ## **Repairs and Replacement Fund** To meet the on-going costs of repairing and replacing capital equipment, and in particular IT equipment. ## **Redundancy Fund** To cover the costs of redundancy for individuals whose posts may be lost during restructure or as a result of funding streams coming to an end. This was increased in the year due to the length of service with staff continuing to increase. ## **COVID-19 Working Arrangements Reconfiguration Fund** To meet the specific costs of COVID-19 reconfigurations to the VONNE office. ## **Office Reconfiguration Fund** To meet the costs of longer-term reconfigurations to the VONNE office to enable a more flexible working space. ## **Unrestricted Funds:** They are as follows: ## **Millfield House Foundation** Strategic partner core funding to support the work of VONNE. ## **Clinks** Engagement of the VCSE in criminal justice policy and practice. ## **Development & Coordination Support MEA Trust** To deliver development and coordination support activities with tenants of MEA House and the wider VCSE sector. - 32 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** _(continued)_ ## **Northern Powergrid Community Engagement** Partnership work with Northern Powergrid to support their engagement with the VCSE sector and services for vulnerable customers. ## **Northern Powergrid – Event Coordination** A contract to coordinate and deliver a Future Fairness Panel of VCSE organisations working with ‘seldom heard’ customers as part of their Stakeholder Engagement Programme. ## **North East Funders Network – National Lottery Community Fund** A Payment to deliver North East Funders Network activities. ## **National Academy for Social Prescribing** To deliver regional coordination role and deliver the Thriving Communities programme across the North East, Yorkshire & Humber on behalf of the National Academy for Social Prescribing. ## **Restricted Funds:** They are as follows: ## **ERDF: Catalysing Innovation in NE Clusters** ERDF/ Innovate UK funded project to support the VCSE sector with innovation. ## **FINE – Funding Information North East** To provide funding information to North East VCSE sector organisations through e-bulletin and an online, searchable directory. ## **Digital Infrastructure Programme – National Lottery Community Fund** Funding to support digital adoption and implementation within VCSE infrastructure organisations. ## **Local Access Programme – Redcar & Cleveland and Hartlepool** Funding from Access Foundation for the Local Access enterprise development & blended finance programme in Redcar & Cleveland and Hartlepool. ## **North East England Climate Coalition** Work to convene a cross-sectoral coalition across the North East to address the climate emergency, ecological breakdown and the just transition to a low carbon future. ## **Safeguarding Partnerships** Funded jointly by Department for Digital Culture Media and Sport and The National Lottery Community Fund to disseminate NCVO safeguarding resources locally and deliver regular training sessions and create new or build on existing networks. ## **VONNE Climate Action Alliance** An Alliance of 18 VCSE organisations seeking to support the wider VCSE sector to take climate action, and support nature and a just transition to a low carbon future. Funded by Lankelly Chase and the Catalyst Covid-19 Digital Definition & Development Programmes. ## **CVD Networks – VCS Engagement** Funding to support VCSE engagement in Cardio-Vascular Disease prevention and treatment. - 33 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **15 Movement in funds** _(continued)_ ## **Digital Pathfinders – North of Tyne Combined Authority** Supporting the VCSE Sector across the North of Tyne area to adopt digital technologies though training, events and one to one support. ## **Ann Cleeves Community Reading Facilitators** Donation from author Ann Cleeves to support Community Reading Facilitators to help people access books to improve their health and wellbeing in five North East local authorities. ## **Personalised Care – Children & Young People – NHS England** Supporting social prescribing work to support children and young people. ## **Personalised Care – Carers – NHS England** A research and development project on support for carers. ## **COVID-19 Response and Recovery Grants** Funding received from County Durham Community Foundation, Community Foundation Tyne & Wear and Northumberland, Dept. for Digital, Media, Culture & Sport (Big Night In) and the National Lottery Community Fund to fund VONNE’s work to support the VCSE response to and recovery from the COVID19 pandemic. ## **National Academy for Social Prescribing** Funding to deliver regional coordination role for the North East, Yorkshire & Humber on behalf of the National Academy for Social Prescribing. ## **Public Health England Health Inequalities / COVID-19** Funding to support VCSE sector engagement in health inequalities/ COVID-19 research ## **VCS Emergencies Partnership – NAVCA** Funding for VONNE’s North East regional Liaison Lead role with the VCS Emergencies Partnership, to promote the ‘unmet needs’ support service for the VCSE sector during the COVID-19 pandemic and facilitate intelligence and information sharing at a regional and sub-national level. ## **Design Hops – Cast** Funding from CAST (Centre for the Advancement of Social Technology) to host and facilitate Design Hop events in the North East. - 34 - ## **VOLUNTARY ORGANISATIONS’ NETWORK NORTH EAST** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **16 Analysis of net assets between funds** ## **For the year ended 31 March 2022** |**Unrestricted**
**Funds**
**£**
**Designated**
**Funds**
**£**
Fixed assets
10,874
_–_
Net current assets/(liabilities)
81,058
244,683
91,932
244,683


**or the year ended 31 March 2021**
**_Unrestricted_**
**_Funds_**
**_£_**
**_Designated_**
**_Funds_**
**_£_**
_Fixed assets_
_13,348_
_–_
_Net current assets/(liabilities)_
_74,345_
_188,126_
_87,693_
_188,126_

**ash generated from operating activities**
Net movement in funds
1
_Adjustments for:_
Depreciation
Interest receivable
_Changes in:_
Debtors
(
Creditors

**Net cash used in operating activities**
1
|**Restricted**
**Funds**
**£**
_–_
152,971
152,971

**_Restricted_**
**_Funds_**
**_£_**
_–_
_101,843_
_101,843_

**2022**
**£**
11,924
9,099
(535)
37,063)
54,256
37,681

|**31 March**
**2022**
**£**
10,874
478,712
489,586
**_31 March_**
**_2021_**
**_£_**
_13,348_
_364,314_
_377,662_
_2021_
_£_
_141,767_
_6,757_
(3,156)
_35,512_
_73,038_
_253,918_
| |---|---|---| ## **For the year ended 31 March 2021** ## **17 Cash generated from operating activities** ## **18 Commitments under operating leases** The total future minimum lease payments under non-cancellable operating leases are as follows: |
Within 1 year

Within 2 – 5 years|**2022**
**£**
_2021_
_£_
16,300
–
52,975
–| |---|---| ## **19 Related Party Disclosures** No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102. - 35 -