**REGISTERED COMPANY NUMBER: 04184061 (England and Wales) REGISTERED CHARITY NUMBER: 1087513**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
**FOR**
## **VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 7|
|**Report of the Independent Auditors**|8 to 10|
|**Statement of Financial Activities**|11|
|**Statement of Financial Position**|12 to 13|
|**Statement of Cash Flows**|14|
|**Notes to the Statement of Cash Flows**|15|
|**Notes to the Financial Statements**|16 to 28|
|**Detailed Statement of Financial Activities**|29 to 30|
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims Values:**
As an organisation we passionately value the diversity of the communities we work with.
As a Trusted Partner we act with integrity and honesty.
We act professionally in all aspects of our operation and in achieving our objectives.
To achieve its Mission:
- VIN launched its medium-term strategy entitled Connecting People to Places in May 2021. We operate a 3Cs approach: We compete where we feel we offer a unique solution, collaborate wherever possible across sectors, and promote coalitions as a way of ensuring continued VCSE Resilience.
- In line with our charitable objectives, our core work focusses on supporting community organisations to be the best they can be, through the provision of advice, support and training. Advocacy and strategic representation remain a key theme of our work, ensuring that the right VCSE organisations sit at the right tables for the benefit of the communities they serve. Whilst the nature of volunteering is changing, we continue to support and signpost opportunities and promote volunteering as a form of social action which connects People to Places.
Volunteering is key to both VIN's own projects and the support and work within the VCSE sector as a whole. In the VIN Car Scheme all passenger journeys are provided by volunteer drivers, and for Happy at Home and i-CAN befriending, all befriending hours are provided by volunteers. Additionally, all trustees volunteer their time in VIN's own governance. The contribution of volunteers to the life of VIN is outlined more specifically in Achievements for the year.
## **Public benefit**
The Trustees have had regard to the guidance issued by the Charity Commission and believe all the charity's activities are for public benefit.
Page 1
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
In order to meet its charitable objectives VIN:
- Provides a range of advice, information, and support services to help VCSE organisations develop and thrive using our redeveloped website, on-line training, enhanced membership and one-to-one meetings.
- Works with systems that ensure that people are engaged and connected at a Point of Place.
- Provides information and advice on all aspects of volunteering using the Countywide i-CAN database.
- • Advocates for the VCSE in Northamptonshire and to challenge and promote wherever possible with statutory partners and policy makers through the VCSE Assembly.
- Provides leadership and representation at a strategic level for VCSE organisations without a voice both through the VCSE Assembly and involvement of the CEO and Development Manager sitting on Strategic Boards for both the developing Integrated Care System and the Unitary authorities of West and North Northamptonshire.
- Supports the delivery of projects that connect People to Places through the establishment of a Poverty Truth Commission and other Community Based activities.
- Works to ensure a more resilient Northamptonshire-wide VCSE.
- Provides a Community Transport Scheme for those without their own transport and unable to use Public Transport both through car journeys to medically related appointments provided by volunteer drivers and the Door to Door minibus service which takes passengers to well-being related activities such as day centres and shopping from their door.
- Has several special projects including befriending of isolated and lonely elderly and disabled and a wellbeing project at the newly opened HMP 5 Wells in Wellingborough.
## **Achievements for the Year:**
COVID has been an ever-present factor for the organisation, and this has caused some disruption to our services. Despite this however, some of our achievements are provided below:
48 new volunteers were recruited into our Happy at Home service to support vulnerable and isolated elderly people.
109 Happy at Home Referrals received a volunteer/beneficiary match.
9,056 Single Passenger Journeys conducted through our Volunteer Car Scheme.
15,195 Single Passenger Journeys conducted through our Door-to-Door Transport Scheme. 298 Volunteer request facilitated.
743 Volunteers engaged and communicated with.
102 1-1 Advice Surgeries for VCSE organisations conducted.
15,414 Volunteer hours delivered through our Car Scheme.
31 Strategic Partnerships attended.
## **Our influence:**
- VIN has continued to promote the VCSE Assembly as a way of achieving sector resilience and togetherness.
- VIN continues to sit at the heart of service redesign in health and has worked with both Local Authorities (West and North Northamptonshire) in service redesign and transformation.
- VIN launched a West Northamptonshire Poverty Truth Commission which seeks to ensure that the lived experience of poverty and financial vulnerability is brought to bear on relevant anti-poverty strategies.
- VIN widened its scope to provide health and wellbeing activities for offenders at HMP 5 wells.
- - VIN worked with the Lottery Healthy Communities Fund on ensuring a strategic VCSE Representation within the new construct of the Integrated Care System (ICS).
- VIN launched its Enhanced Member Product to better support VCSE organisations with training, advice and information.
- We are a respected and trusted organisation and are ideally placed to continue our work in the everchanging environment of West and North Northamptonshire.
## **Organisation as a whole:**
The year has presented several challenges to an organisation like VIN, not least the comparative lack of funding from Statutory Partners and the need to diversify to supplement these with external sources and different income streams. As always, we continue to review our efficiency and sense-check our role in an evolving marketplace.
Page 2
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **Strategic Direction for VIN:**
Our strategic direction has been set by our medium-term strategy entitled Connecting People to Places. In this document we set out some aspirational targets:
- To reach more VCSE organisations using online resources and factsheets
- To deliver information and advice where it was most needed and in the context of external changes in the landscape
- To continue to advocate for equal representation across the new structures in health and at a Point of Place
- To continue to diversify our income streams by working with new partners and new funders
- To provide a pipeline in external Trust and Foundation fundraising
- To utilise VIN's assets to raise social enterprise income streams
- To continue to support the concept of placed-based social action
- To deliver projects which benefit communities yet have an element of representation, advocacy or community resilience.
## **COVID 19**
COVID19 affected VIN in the financial year in question as we shut our office to the public and cancelled our volunteering surgeries. Our NDDS (Community Transport Service) also witnessed a reduction in passengers and passenger journeys during the period, although we did obtain extra work from the Local Authorities around the delivery of urgent medical or shopping supplies to the most vulnerable. All staff continued working throughout but were largely stationed and supported from home. Looking to the future, our Community Transport passenger numbers are increasing but are still short of Pre COVID levels. We expect to see this increase as confidence returns amongst our communities in Northampton.
Page 3
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **FINANCIAL REVIEW Financial position**
VIN is pleased to be helping the VCSE sector navigate the significant changes in Northamptonshire, by building on existing good relationships with the Unitary authorities and the local Health Authority, and ensuring the VCSE sector is strongly represented during the changes taking place in both.
VIN is pleased to be helping the VCSE sector navigate the significant changes in Northamptonshire, by building on existing good relationships with the Unitary authorities and the local Health Authority, and ensuring the VCSE sector is strongly represented during the changes taking place in both.
VIN's main funders are West Northamptonshire Council, NHFT and the wider NHS, and the Big Lottery for special projects, which reflects its charitable activities as described above.
During the year the charity's income decreased from £882,875 in 20/21 to £808,888 in 21/22. At the same time VIN's expenditure decreased from £944,127 in 20/21 to £829,628 in 21/22. This is in large part due to staff in Commsortia, a charity connected to VIN, set up to manage two sector-wide contracts in 2017, being TUPE'd over to Commsortia in July 2021, rather than being seconded to Commsortia from VIN. Whilst the Commsortia event is significant it has also resulted in a corresponding decrease in expenditure for VIN who are no longer responsible for Commsortia staff payroll liabilities.
Over the past two years the work undertaken under the NHFT volunteering contract, originally set up as a volunteer brokerage contract to help NHFT find volunteers to support its activities across Kettering and Northamptonshire, had expanded significantly to include management of volunteers within the two hospices within the County and a new project called Volunteer 2 Career to help NHFT with a pathway for recruiting Healthcare Assistants. Over the financial year NHFT decided that staff on these projects were best treated as NHFT employees and consequently the NHFT contract was terminated at its agreed end date of 31/3/22, and all staff working on NHFT contracts were TUPE'd. This is a loss in Management Charge to VIN, but is significant evidence of the benefit of a structured approach to volunteering within an organisation and the workplace. Similarly to Commsortia the event will reduce VIN Income, but also VIN Expenditure for 22/23.
In 21/22 the charity's expenditure, £829,628 is greater than its income, £808,888 (a deficit), as VIN works to streamline itself to meet the current demands on the organisation and with the loss in revenue and passengers in Community Transport due to the pandemic, with many passengers being in vulnerable categories. Understanding that VIN has returned a deficit the trustees have been working with operational staff to keep this under review, and during the year VIN has undertaken a number of things to prepare for the future:
- Developed a strategy relating to People and Places,
- Changed its organisational structure, in order to adapt to the current challenging operating environment
- Employed a dedicated Trusts and Places Fundraiser to find opportunities to fill funding gaps.
- Launched a new website to bring it up to date and make it easier for people to navigate,
- Introduced a new Executive Membership for VCSE organisation to get more focused attention and support
- Been awarded a new contract with G4S at HMP 5 Wells as a new and diverse income stream
- Invested in Marketing
- Invested in a report on the current state of Community Transport services and whether any improvements can be made
- Looked at the possibility of Corporate Sponsorship for Community Transport.
In 2019 VIN's then accountants advised that its building, on which VIN has a 99 year lease, should be reflected in the accounts as an Unrestricted Fund. A review of that decision, with reference to the original 99 year lease, has suggested the Building should be a Restricted Fund as it can only be used for the purpose of VIN offices, and cannot be sold, nor be used as collateral for any borrowing or charge.
Total Funds at the Financial Year end amounted to £836,787 and of this £62,051 are free general reserves.
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**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The Trustees have changed the Designation of some items in the General Fund to reflect the redevelopment of the website during this Financial Year, and the fact that the pandemic has been an Emergency, therefore the Website Designation and the Emergency Fund Designation will be removed. Total Designated Funds at the Year End amounted to £172,244. The details of these and when they are anticipated to be spent are detailed in the notes to the financial statements.
All Restricted Funds, held at the end of the 21/22 Financial Year amounting to £62,559, are for use in projects which will continue in the 22/23 Financial Year. It is anticipated that these funds will be used in the 22/23 Financial Year. Total Restricted Funds at the Financial Year end amounted to £602,492.
At the end of the Financial Year there were two funds in overdraft: - G4S - a contract for supplying a Resident Engagement and Wellbeing Officer to HMP 5 Wells. This was due to amounts being invoiced not having been received by 31/3/22. This was resolved shortly after the Year End. - VIN BBO - a project supporting those furthest from employment back towards being economically active. This project finished in January 2022 and a final payment was expected and received at the end of the BBO quarter in May 2022.
## **Investment policy and objectives**
VIN holds no investments other than cash at bank and in hand. As interest rates were so low this has not been managed, however, as interest rates change VIN Trustees will be looking at whether there are other interest bearing accounts VIN could open.
There are no restrictions on where the Trustees can invest however in relation to risk, they will seek to disperse the money such that as much of it is protected by the FSCS as possible, and it is available for expenditure when the charity needs it.
## **Reserves policy**
The Trustees have reviewed the amount of Reserves they think is necessary for VIN and decided that three months of running costs is appropriate. At the end of the Financial Year VIN held more than three months running costs in reserve. This is held as cash.
## **Going concern**
The Financial Statements have been prepared on the Going Concern basis as VIN trustees have review budgets and forecasts which, together with the Unrestricted Reserves held in cash, will see VIN through to the end of the calendar year.
There is a second year for the Happy at Home befriending project, the i-CAN befriending project and the G4S HMP 5 Wells project which will see these through the current Financial Year.
Community Transport has sufficient reserves to see it through a period of review and hopefully into surplus. At the time of writing the report VIN has been awarded a 3 year contract to manage the embedding of the VCSE sector into the new ICS constituted in July 2022, which is funded by the Lottery.
The Trustees have considered VIN's current contracts and income and believe that the need for VIN's expertise is still there in the county and there is still funding available for incorporating the VCSE sector into the structural changes within the county and in new projects therefore they believe that VIN remains a going concern.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees**
Trustees are recruited to ensure that the Board benefits from a wide range of identified skills and knowledge that will strengthen our capacity and governing abilities and also reflect VIN's diversity policy. Trustees serve for three years, after which they are eligible to stand for a further three-year term which may be extended by a further year in exceptional circumstances. Formal board meetings are held four times a year to coincide with the financial cycle. New Trustees are expected to undertake an induction programme, and to take part in occasional training sessions.
## **Organisational structure**
The day to day running of VIN and the execution of the organisational objectives is delegated to the Chief Executive, who is also the Company Secretary. The Chief Executive is responsible for ensuring that services are delivered within the framework of the plans and policies established by the Trustees.
## **Key management remuneration**
Senior management remuneration is reviewed annually using the appraisal process and recommendations are made by the CEO or Chair to the Board of Trustees who approve all salary and contract changes. Nonsalary terms and conditions for all employees are standard. Salary levels are reviewed with regard to market rates, inflation and affordability.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Trustees review risks identified to them using a RAG risk register every trustee meeting and also review policies and systems in place to reduce risk.
In 22/23 Community Transport is undergoing a major change in operations to make it more effective, and income diversity is always being sought.
The charity has insurance cover for its property and legal liabilities normally associated with its operations.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
04184061 (England and Wales)
## **Registered Charity number**
1087513
## **Registered office**
15 St Giles Street Northampton Northamptonshire NN1 1JA
## **Trustees**
R Ashraf S J Barter T J Birch Ms C A Maryon (Chair) Mrs C Neilson C Whyld C D Williams (Treasurer) G Beckett
During the year the following Trustees resigned: A Murray - 29 May 2021 D Mayhew - 23 September 2021
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**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Auditors**
DNG Dove Naish LLP, Statutory Auditor Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ
## **Company Secretary and CEO**
R K Rolph
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Voluntary Impact Northamptonshire Ltd for the purposes of company law) 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 the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **AUDITORS**
The auditors, DNG Dove Naish LLP, Statutory Auditor, will be proposed for re-appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 27 October 2022 and signed on its behalf by:
Page 7
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **Opinion**
We have audited the financial statements of Voluntary Impact Northamptonshire Ltd (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows 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.
Page 8
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
- the charitable company has not kept adequate accounting records; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **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**
We have been appointed as auditors under Section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue 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.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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. The extent to which our procedures are capable of detecting irregularities , including fraud is detailed below:
We considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: timing of recognition of commercial income, posting of unusual journals along with complex transactions and manipulating the Company's key performance indicators to meet targets. We discussed these risks with client management, designed audit procedures to test the timing of commercial revenue, tested a sample of journals to confirm they were appropriate and reviewed areas of judgement for indicators of management bias to address these risks.
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.
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**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees 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 trustees as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of DNG Dove Naish LLP, Statutory Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ
Date: 28 October 2022
Page 10
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
41,344
**Charitable activities**
Projects and services
94,567
Direct Services
196,441
Contract work
-
Investment income
3
44
**Total**
332,396
**EXPENDITURE ON**
**Charitable activities**
5
Projects and services
137,669
Direct Services
212,545
Contract work
-
**Total**
350,214
**NET INCOME/(EXPENDITURE)**
(17,818)
**Transfers between funds**
17
78,127
**Net movement in funds**
60,309
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
173,986
**TOTAL FUNDS CARRIED FORWARD**
234,295|Restricted
funds
£
12,186
247,874
37,050
179,382
-
476,492
252,586
50,576
176,252
479,414
(2,922)
(78,127)
(81,049)
683,541
602,492|2022
2021
Total
Total
funds
funds
as restated
£
£
53,530
64,466
342,441
246,307
233,491
239,714
179,382
332,062
44
326
808,888
882,875
390,255
338,534
263,121
275,697
176,252
329,896
829,628
944,127
(20,740)
(61,252)
-
-
(20,740)
(61,252)
857,527
918,779
836,787
857,527|
|---|---|---|
The notes form part of these financial statements
Page 11
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF FINANCIAL POSITION 31 MARCH 2022**
|Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
17
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
6,777
33,747
280,929
314,676
(87,158)
227,518
234,295
234,295|Restricted
funds
£
543,565
103,922
145,743
249,665
(190,738)
58,927
602,492
602,492|2022
Total
funds
£
550,342
137,669
426,672
564,341
(277,896)
286,445
836,787
836,787
234,295
602,492
836,787|2021
Total
funds
as restated
£
548,829
76,688
528,492
605,180
(296,482)
308,698
857,527
857,527
173,986
683,541
857,527|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The notes form part of these financial statements
Page 12
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 27 October 2022 and were signed on its behalf by:
The notes form part of these financial statements
Page 13
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
2
**Cash and cash equivalents at the end**
**of the reporting period**
2|2022
2021
as restated
£
£
(119,166)
98,371
(119,166)
98,371
(12,914)
(1,014)
44
326
(12,870)
(688)
(132,036)
97,683
528,492
430,809
396,456
528,492|
|---|---|
The notes form part of these financial statements
Page 14
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net expenditure for the reporting period (as per the Statement**
**of Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
(Increase)/decrease in debtors
(Decrease)/increase in creditors
**Net cash (used in)/provided by operations**
**2.**
**ANALYSIS OF CASH AND CASH EQUIVALENTS**
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one
year
Total cash and cash equivalents
3.
**ANALYSIS OF CHANGES IN NET FUNDS**|2022
2021
as restated
£
£
(20,740)
(61,252)
11,402
19,159
(44)
(326)
(60,981)
32,264
(48,803)
108,526
(119,166)
98,371
2022
2021
as restated
£
£
89
80
426,583
528,412
(30,216)
-
396,456
528,492|
|---|---|
||At 1/4/21|Cash flow|At 31/3/22|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|528,492|(101,820)|426,672|
|Bank overdrafts|-|(30,216)|(30,216)|
||528,492|(132,036)|396,456|
|**Total**|528,492|(132,036)|396,456|
The notes form part of these financial statements
Page 15
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Voluntary Impact Northamptonshire Ltd is an incorporated charity governed by a constitution in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered address is given in the charity information of these financial statements. The nature of the charity's operations and principal activities are as detailed in the Report of the Trustees in these financial statements.
The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
## **Critical accounting judgements and key sources of estimation uncertainty**
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - Straight line over 99 years Fixtures and fittings - 50% on cost Motor vehicles - 33% on cost
Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
Page 16
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of 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.
## **Financial instruments**
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
## **2. DONATIONS AND LEGACIES**
|Donations|2022
2021
as restated
£
£
53,530
64,466|
|---|---|
Page 17
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **3. INVESTMENT INCOME**
|Interest receivable - trading
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Projects and services
Contract work
Projects and services
Other income
Projects and services
Grants
Direct Services
Other income
Direct Services
Car scheme and NDDS
income
Direct Services
Grants
Contract work
Contract work
Contract work
Other income
Contract work
Grants received, included in the above, are as follows:
Big Lottery Countywide Support and Development
NHS Nene CCG
West Northants Council (formerly Northants CC)
West Northants Council (formally NBC) Countywide Support and
Development
Other Grant Income
ESF - NEP (delivery)
NCF - Good Neighbours
Big Lottery - Happy at Home
Big Lottery - Covid Grant
Big Lottery VCSE
TA (ESF)
NAVCA
West Northants Council (formerly Northampton Borough Council)
Big Lottery Healthy Communities
West Northants Council (formally NBC) NDDS
NCF - Queen's Fund
NHS - ICS|2022
2021
as restated
£
£
44
326
2022
2021
as restated
£
£
277,065
241,464
62,999
4,843
2,377
-
95,300
108,662
1,226
-
136,965
131,052
33,000
30,000
145,920
302,062
462
-
755,314
818,083
2022
2021
as restated
£
£
2,517
42,958
44,300
-
59,224
85,788
33,000
30,000
76,717
7,905
22,629
27,427
-
9,763
48,191
116,199
-
2,000
14,261
20,526
-
1,734
-
20,857
33,750
-
20,000
-
18,339
-
7,437
14,969
25,000
-
405,365
380,126|
|---|---|
Page 18
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **5. CHARITABLE ACTIVITIES COSTS**
|Projects and services
Direct Services
Contract work
**6.**
**SUPPORT COSTS**|Direct
Costs
£
381,225
262,356
176,026
819,607|Support
costs (see
note 6)
£
9,030
765
226
10,021|Totals
£
390,255
263,121
176,252
829,628|
|---|---|---|---|
|Projects and services
Direct Services
Contract work|Governance
Finance
costs
£
£
530
8,500
410
355
-
226
940
9,081|Totals
£
9,030
765
226
10,021|
|---|---|---|
## **7. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Auditors' remuneration
Depreciation - owned assets|2022
2021
as restated
£
£
4,800
4,750
11,401
19,159|
|---|---|
## **8. 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.
Page 19
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **9. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|2022
2021
as restated
£
£
511,468
574,732
40,683
40,476
15,319
16,781
567,470
631,989|
|---|---|
The average monthly number of employees during the year was as follows:
|Full Time
Part-time
Agency Staff and Consultants|2022
2021
as restated
9
12
18
16
1
1
28
29|
|---|---|
No employees received emoluments in excess of £60,000.
The total employee benefits of key management personnel for the charity were £97,016 (2021: £70,446). Key management includes the CEO and Development Manager.
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
44,570
**Charitable activities**
Projects and services
27,700
Direct Services
101,884
Contract work
-
Investment income
326
**Total**
174,480
**EXPENDITURE ON**
**Charitable activities**
Projects and services
180,992
Direct Services
106,601
Contract work
2,300
**Total**
289,893
**NET INCOME/(EXPENDITURE)**
(115,413)|Restricted
Total
funds
funds
as restated
£
£
19,896
64,466
218,607
246,307
137,830
239,714
332,062
332,062
-
326
708,395
882,875
157,542
338,534
169,096
275,697
327,596
329,896
654,234
944,127
54,161
(61,252)|
|---|---|
Page 20
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|Unrestricted
funds
£
**Transfers between funds**
47,183
**Net movement in funds**
(68,230)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
242,216
**TOTAL FUNDS CARRIED FORWARD**
173,986|Restricted
Total
funds
funds
as restated
£
£
(47,183)
-
6,978
(61,252)
676,563
918,779
683,541
857,527|
|---|---|
## **11. PRIOR YEAR ADJUSTMENT**
The opening reserves have been restated to reflect the correction of the property building fund being incorrectly classed as designated in the financial statements dated 31 March 2021. This has been corrected by restating the amounts brought forwards within both unrestricted and restricted funds by reallocating £546,793 between the funds. No overall change to reserves has occurred.
## **12. TANGIBLE FIXED ASSETS**
|Leasehold
improvements
£
**COST**
At 1 April 2021
679,140
Additions
-
At 31 March 2022
679,140
**DEPRECIATION**
At 1 April 2021
132,347
Charge for year
6,860
At 31 March 2022
139,207
**NET BOOK VALUE**
At 31 March 2022
539,933
At 31 March 2021
546,793|Fixtures
and
fittings
£
63,697
12,914
76,611
63,003
3,199
66,202
10,409
694|Motor
vehicles
£
4,600
-
4,600
3,258
1,342
4,600
-
1,342|Totals
£
747,437
12,914
760,351
198,608
11,401
210,009
550,342
548,829|
|---|---|---|---|
Page 21
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
Prepayments and accrued income
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 15)
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income
**15.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts|2022
2021
as restated
£
£
90,502
39,320
6,336
5,131
40,831
32,237
137,669
76,688
2022
2021
as restated
£
£
30,216
-
22,116
9,925
9,160
11,234
26,293
56,015
2,351
2,554
187,760
216,754
277,896
296,482
2022
2021
as restated
£
£
30,216
-|
|---|---|
The bank overdrafts are not actual bank overdrafts but computed balances within the funds, due to unrestricted cash funds being used to support restricted funds waiting on debtor balances to be paid. **16. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years|2022
2021
as restated
£
£
50,760
48,832
44,326
89,965
95,086
138,797|
|---|---|
Page 22
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **17. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
NDDS
Emergency Reserves
Designated Reserves - Building
Designated Reserves - Development
Designated Reserves - IT & Website
**Restricted funds**
Countywide Support & Development
VCSE Assembly
Car Scheme
Commsortia (Core)
NHFT - Volunteering
SEMLEP
NEP (Delivery)
Social Prescription Dev Work
Happy at Home
iCAN Befriending
Poverty Truth Commission
Healthy Communities
G4S
Awards4All
Property fund
**TOTAL FUNDS**|At 1/4/21
£
(102,590)
175,747
82,000
10,000
5,000
3,829
173,986
20,707
28,704
6,553
17,784
-
-
3,186
30,000
29,814
-
-
-
-
-
546,793
683,541
857,527|Net
movement
in funds
£
(19,479)
1,661
-
-
-
-
(17,818)
(13,502)
5,687
(2,173)
(41)
17,156
811
3,108
-
(24,479)
6,754
6,184
860
2,340
1,233
(6,860)
(2,922)
(20,740)|Transfers
between
funds
£
184,120
(20,164)
(82,000)
-
-
(3,829)
78,127
(5,916)
(4,089)
(3,141)
-
(17,156)
(811)
(3,108)
(30,000)
(2,845)
(6,417)
(600)
(860)
(1,951)
(1,233)
-
(78,127)
-|At
31/3/22
£
62,051
157,244
-
10,000
5,000
-
234,295
1,289
30,302
1,239
17,743
-
-
3,186
-
2,490
337
5,584
-
389
-
539,933
602,492
836,787|
|---|---|---|---|---|
Page 23
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **17. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
NDDS
**Restricted funds**
Countywide Support & Development
VCSE Assembly
Car Scheme
Commsortia (Core)
NHFT - Volunteering
SEMLEP
NEP (Commsortia - Working Progress)
NEP (Delivery)
Happy at Home
iCAN Befriending
Poverty Truth Commission
Healthy Communities
G4S
Awards4All
Property fund
**TOTAL FUNDS**|Incoming
resources
£
118,190
214,206
332,396
59,597
44,536
48,404
15,215
109,270
5,250
26,172
22,786
48,296
32,878
29,476
20,000
13,379
1,233
-
476,492
808,888|Resources
Movement
expended
in funds
£
£
(137,669)
(19,479)
(212,545)
1,661
(350,214)
(17,818)
(73,099)
(13,502)
(38,849)
5,687
(50,577)
(2,173)
(15,256)
(41)
(92,114)
17,156
(4,439)
811
(26,172)
-
(19,678)
3,108
(72,775)
(24,479)
(26,124)
6,754
(23,292)
6,184
(19,140)
860
(11,039)
2,340
-
1,233
(6,860)
(6,860)
(479,414)
(2,922)
(829,628)
(20,740)|
|---|---|---|
Page 24
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **17. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
NDDS
Emergency Reserves
Designated Reserves - Building
Designated Reserves - Development
Designated Reserves - IT & Website
**Restricted funds**
Countywide Support & Development
VCSE Assembly
Car Scheme
Commsortia (Core)
University - Volunteering
NHFT - Volunteering
SEMLEP
TA
NEP (Delivery)
FfWB Team
Social Prescription Dev Work
Happy at Home
Rutland
Property fund
**TOTAL FUNDS**|At 1/4/20
£
(49,821)
191,208
82,000
10,000
5,000
3,829
242,216
16,371
28,720
-
13,820
501
-
-
1,601
-
2,474
30,000
27,264
2,159
553,653
676,563
918,779|Net
movement
in funds
£
(120,211)
4,798
-
-
-
-
(115,413)
12,453
2,761
11,212
3,964
3,757
14,941
174
(1,375)
3,288
(2,474)
7,062
7,417
(2,159)
(6,860)
54,161
(61,252)|Transfers
between
funds
£
67,442
(20,259)
-
-
-
-
47,183
(8,117)
(2,777)
(4,659)
-
(4,258)
(14,941)
(174)
(226)
(102)
-
(7,062)
(4,867)
-
-
(47,183)
-|At
31/3/21
£
(102,590)
175,747
82,000
10,000
5,000
3,829
173,986
20,707
28,704
6,553
17,784
-
-
-
-
3,186
-
30,000
29,814
-
546,793
683,541
857,527|
|---|---|---|---|---|
Page 25
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **17. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
NDDS
**Restricted funds**
Countywide Support & Development
VCSE Assembly
Car Scheme
Commsortia (Core)
University - Volunteering
NHFT - Volunteering
SEMLEP
NEP (Commsortia - Working Progress)
TA
NEP (Delivery)
FfWB Team
Social Prescription Dev Work
Happy at Home
Rutland
NDDS
Property fund
**TOTAL FUNDS**|Incoming
resources
£
63,081
111,399
174,480
106,908
20,525
46,819
160,571
14,467
75,988
7,875
44
1,764
27,425
-
30,000
116,202
-
99,807
-
708,395
882,875|Resources
Movement
expended
in funds
£
£
(183,292)
(120,211)
(106,601)
4,798
(289,893)
(115,413)
(94,455)
12,453
(17,764)
2,761
(35,607)
11,212
(156,607)
3,964
(10,710)
3,757
(61,047)
14,941
(7,701)
174
(44)
-
(3,139)
(1,375)
(24,137)
3,288
(2,474)
(2,474)
(22,938)
7,062
(108,785)
7,417
(2,159)
(2,159)
(99,807)
-
(6,860)
(6,860)
(654,234)
54,161
(944,127)
(61,252)|
|---|---|---|
## **Unrestricted and designated funds:**
Unrestricted General - covered by direct income for infrastructure, and by the monthly Management Charge which comes from other projects and departments. £20,000 from the Garfield Weston foundation was received in October 2021.
NDDS- on 1 November 2019 Northampton Door to Door Service (NDDS) merged with VIN, and all assets, liabilities, and employees of NDDS were transferred to VIN. VIN is carrying on the NDDS service together with its car scheme as Northampton Community Transport.
Development Fund - will be used in 22-23 for developing the Training Room.
IT and website fund - this was used in the year for IT and website related expenditure and for the website to be updated.
Building Fund - to be used for building repairs in the future.
Emergency fund - funds held in the event that funding streams were not available to fund required core costs, available to be used for any costs as agreed by the trustees. This designation has been released during the year.
Page 26
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **17. MOVEMENT IN FUNDS - continued**
## **Restricted funds**
Property fund - the property fund is made up of the leasehold property's net book value held in the balance sheet as a restricted fund, as it can only be used for the purpose of VIN offices, and cannot be sold, nor be used as collateral for any borrowing or charge.
Car Scheme - Funded by NBC, NHS, registration fees and fundraising from trusts - Volunteer Drivers provide transport for elderly and disabled people to and from medically related appointments.
Countywide Support and Development - VIN holds the Voluntary Sector Support and Development contract for Northamptonshire.
The University of Northampton - A project in conjunction with the University of Northampton to encourage volunteering among their students.
Commsortia - Commsortia has been set up to enable a consortium of voluntary sector organisations bid for large public sector contracts they would not otherwise have access to. VIN is a member of Commsortia and hosts the Project Manager and gives administration support
Northamptonshire Health Foundation Trust - VIN has a Volunteering development worker based at the hospital, helping to manage the recruitment and retention of volunteers.
NEP (Northamptonshire Enterprise Partnership) - VIN is a partner in the Big Lottery building better opportunities fund which is aimed at preparing organisations to access European Funding
TA - This is an ESF funded project to help voluntary groups to prepare for the accessing of ESF money and to work in partnership.
Big Lottery - Happy at Home - this is an extension of the successful project started in Daventry, which matches up volunteer befrienders with older people who would enjoy the company to help relieve feelings of loneliness.
Happy at Home - this is a Lottery funded project together with Daventry Volunteer Centre that matches isolated or lonely citizens with a befriender to visit them in their home. It supports a worker based from the VIN office, and Management time from Becky Thornton. Phase 1 officially ended in Sept 21 after an extension. Phase 2 started in Nov 2021.
i-CAN Countywide Befriending - funded through the Integrated Care Across Northamptonshire this matches isolated or lonely citizens with a befriender.
Poverty Truth Commission - Funded initially through NAVCA this project arose from the COVID mutual aid work and is intended to capture the lived experience of poverty and feed this experience through to decision makers within the new Integrated Care System.
Healthy Communities - this is a Lottery Funded project in order to do preparatory work around embedding the VCSE sector in the Integrated Care System being legally constituted in Northamptonshire from 1/7/22.
G4S HMP 5 Wells - this is a contract with G4S at the newly opened HMP 5 Wells prison in Wellingborough to provide a Community Link Worker for the development of activities and links with the community between residents and staff at the prison and local VCSE organisations.
Awards 4 All - this is a Lottery award to be used in 22/23 to support People and Places Community Development.
VCSE Assembly - this is a Lottery funded project based on a similar project in Shropshire. It's purpose is to be a "collective voice" bringing together the diverse parts of the VCSE sector within the county of Northamptonshire.
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continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **17. MOVEMENT IN FUNDS - continued**
NEP (Delivery) - This project is associated with the Commsortia BBO project. The project itself supports those furthest from the workplace to make steps towards becoming more economically active.
## **18. RELATED PARTY DISCLOSURES**
During the year the following transactions occurred with charity's in which VIN Trustee's are also Trustee's.
Sales of £25 and purchases of £562 were made with Community Space Northampton for event space for meetings held. T J Birch was a trustee for both charities during the year.
Sales of £6,010 was invoiced to Connected Together CIC for support in a tender process during the year. C M A Maryon was a trustee for both charities during the year, and the CEO R Rolph is also a director of this charity also.
Page 28
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Interest receivable - trading
**Charitable activities**
Grants
Contract work
Other income
Car scheme and NDDS income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Computer Expenses
Repairs and Renewals
Publications & Subscriptions
Motor Expenses
Health & Safety
Other project costs
Volunteer Expenses
Staff Recruitment
Non-reclaimed VAT
Consultancy
Car park passes
Staff training
Staff expenses
Events and meetings
Depreciation|2022
2021
as restated
£
£
53,530
64,466
44
326
405,365
380,126
208,919
306,905
4,065
-
136,965
131,052
755,314
818,083
808,888
882,875
511,468
574,732
40,683
40,476
15,319
16,781
3,065
4,092
4,953
4,323
3,198
1,890
8,264
6,699
7,629
6,953
9,214
4,341
19,140
11,512
5,647
846
1,754
1,654
67,620
51,207
284
3,098
65,326
121,157
1,132
541
2,103
425
2,713
31,227
12,659
18,815
2,466
975
2,343
194
13,832
5,874
7,393
-
11,402
19,159
819,607
926,971|
|---|---|
This page does not form part of the statutory financial statements
Page 29
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**Support costs**
**Finance**
Bank charges
**Governance costs**
Auditors' remuneration
Accountancy and legal fees
Total resources expended
**Net expenditure**|2022
2021
as restated
£
£
940
900
4,800
4,750
4,281
11,506
9,081
16,256
829,628
944,127
(20,740)
(61,252)|
|---|---|
This page does not form part of the statutory financial statements
Page 30