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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 04184061 (England and Wales) REGISTERED CHARITY NUMBER: 1087513

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Page
Report of the Trustees 1 to 8
Report of the Independent Auditors 9 to 11
Statement of Financial Activities 12
Statement of Financial Position 13 to 14
Statement of Cash Flows 15
Notes to the Statement of Cash Flows 16
Notes to the Financial Statements 17 to 29
Detailed Statement of Financial Activities 30 to 31

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

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 2023. 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 our Mission:

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 2023

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. Specifically VIN:

Achievements for the Year:

As the spectre of COVID began to diminish VIN continues to achieve against its project targets:

Our influence:

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.

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:

Page 2

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

COVID

Whilst the effects of COVID were beginning to diminish we have kept our office closed to the public. Our NDDS (Community Transport Service) is still recovering in terms of passenger numbers, but they are still lower than pre-covid volumes. Trusts and Foundations (a principal and reliant source of income for VIN) are strategising following the most damaging effects of the epidemic and as a result funding pipelines are harder to achieve and maintain. VIN now operates a hybrid model for its staff, with a mix of office and home working.

Page 3

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

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's main funders are West Northamptonshire Council, North Northamptonshire Council, G4S, the NHS, and the Big Lottery for special projects, including Happy at Home and Connect Northamptonshire, which reflects its charitable activities as described above.

During the year the charity's income decreased from £808,888 in 21/22 to £783,691 in 22/23. At the same time VIN's expenditure decreased from £829,628 in 21/22 to £794,406 in 22/23. This decrease in income and corresponding decrease in expenditure can be attributed to the ending of a long term European Social Fund (ESF) project, Building Better Opportunities (BBO). The BBO project is managed by Commsortia together with the University of Northampton, and VIN was a participating partner, working with those with the most complex needs, such as Autistic Spectrum Disorder (ASD), to bring them closer to employment. The active phase of the project finished for VIN in Jan 2022, and there was no transition in place, post Brexit, from the Department of Work and Pensions (DWP) to replace the ESF funding with alternative funding to do the same thing.

In 22/23 the charity's expenditure, £794,406 is greater than its income, £783,691 (a deficit), as VIN works to streamline itself to meet the current demands on the organisation, seeks funding in an environment in which funders are again re-evaluating its funding priorities and with a continuing loss in revenue and passengers in Community Transport due to the pandemic.

In September 22 VIN was awarded a three year contract from the Big Lottery with the aim of ensuring the VCSE sector across the county is represented well in the new Integrated Care System, brought into Northamptonshire by government mandate in April 2023. This is using VIN's existing links across the county and with both statutory bodies and VCSE organisations.

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:

The Building, valued for its 99 year lease and being depreciated accordingly, is reflected as a Restricted Fund as it can only be used for the purpose of VIN offices, and cannot be sold, nor be used as security for any borrowing or charge.

Investment policy and objectives

VIN holds no investments other than cash at bank and in hand. 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.

In February 2023 Trustees made a decision to invest £85,000, split equally between VIN funds and NDDS funds, in a 3 month Bond with United Trust Bank. This investment is made following the FSCS recovery guidelines, in a time frame which should mean cash flow is not compromised should the funds become necessary for use, and will roll over until a better opportunity arises or the funds are needed.

Page 4

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

FINANCIAL REVIEW

Reserves policy

Total Funds at the Financial Year end amounted to £826,072 and of this £76,922 are free general reserves. 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 across all its projects VIN held more than three months running costs in reserve. This is held as cash. The Trustees feel it is appropriate to hold more than three months running costs as the current funding landscape is uncertain and VIN may need to use its reserves to fund in-year activities.

During 22/23 VIN redeveloped the top floor of the building in order to provide a training facility and a separate office space for rent. This was funded using the Designated Development Fund. Total Designated Funds at the Year End amount to £145,890 which includes the balance of those funds which came with the merger with NDDS and a Building Fund for funding major repairs to the building. The NDDS fund is used for NDDS running costs and the Building Fund will be used as necessary.

All Restricted Funds, held at the end of the 22/23 Financial Year, excluding the property fund, amounting to £70,186, are for use in projects which will continue in the 23/24 Financial Year. It is anticipated that these funds will be used in the 23/24 Financial Year. Total Restricted Funds at the Financial Year end amounted to £603,260.

Restricted Funds include the building, valued for its 99-year lease, and being depreciated accordingly, as it can only be used for the purpose of VIN offices, and cannot be sold, nor be used as security for any borrowing or charge.

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.

The Car Scheme continues to be funded by the Local Authority and the NHS alongside an increase in membership fees to £35 per member for 23/24. A Motability grant was confirmed in March 2023 for the purchase of a Wheelchair Accessible Vehicle (WAV) which will improve access for disabled people to services and broaden membership of the Scheme.

NDDS - Community Transport has sufficient reserves to see it through a period of review and hopefully into surplus and together with; an increase in membership fees to £35 per annum, the receipt of a Motability grant to cover some running costs and purchase a minibus, changes to service provision to cover more members, and a review of leasing arrangements which come to an end in November, is hopefully working towards a break-even position this Financial Year.

VIN was awarded a 3 year contract funded by the Lottery starting from 1st September 2022 to manage the embedding of the VCSE sector into the new ICS.

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.

Page 5

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

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

The Trustees recognise that Senior Management are key to the future of the organisation. Senior management remuneration is reviewed annually using the appraisal process and the CEO salary is set by the Board of Trustees.

For all other staff recommendations are made by the Chair or CEO to the Board of Trustees who approve all salary and contract changes. Non-salary terms and conditions for all employees are standard. Staff salary levels are reviewed with regard to the National Joint Salary Scales, inflation and affordability. At April 2023 VIN trustees decided to award a pay rise to the CEO and all staff in line with the National Joint Salary Scales recommendation for 22/23.

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.

Trustees have continued their review of Community Transport 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

Page 6

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Trustees

R Ashraf (resigned 31/1/23) S J Barter T J Birch C A Maryon (Chair) C Neilson (resigned 8/1/23) C Whyld C D Williams (Treasurer) G Beckett (resigned 30/1/23) N Jackson (appointed 8/2/23)

S Walker (appointed 30/1/23) (resigned 20/4/23)

Auditors

Shaw Gibbs (Audit) Limited, Statutory Auditor 264 Banbury Road Oxford Oxfordshire OX2 7DY

Company Secretary and CEO

R K Rolph

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

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

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:

AUDITORS

The auditors, Shaw Gibbs (Audit) Limited, Statutory Auditor, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Page 7

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

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 31 October 2023 and signed on its behalf by:

Page 8

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 2023 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:

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 9

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:

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 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue 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.

Page 10

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.

Shaw Gibbs (Audit) Limited Chartered Certified Accountants Statutory Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 264 Banbury Road

Oxford Oxfordshire OX2 7DY

Date: 27 November 2023

Page 11

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
15,579
Charitable activities
5
Projects and services
56,657
Direct Services
203,062
Contract work
-
Other trading activities
3
862
Investment income
4
1,151
Other income
1,333
Total
278,644
EXPENDITURE ON
Charitable activities
6
Projects and services
143,550
Direct Services
222,804
Contract work
-
Total
366,354
NET INCOME/(EXPENDITURE)
(87,710)
Transfers between funds
17
76,227
Net movement in funds
(11,483)
RECONCILIATION OF FUNDS
Total funds brought forward
234,295
TOTAL FUNDS CARRIED FORWARD
222,812		 Restricted
funds
£
7,576
362,235
67,775
67,461
-
-
-
505,047
307,009
64,662
56,381
428,052
76,995
(76,227)
768
602,492
603,260		 2023
Total
funds
£
23,155
418,892
270,837
67,461
862
1,151
1,333
783,691
450,559
287,466
56,381
794,406
(10,715)
-
(10,715)
836,787
826,072		 2022
Total
funds
£
53,530
342,441
233,491
179,382
-
44
-
808,888
390,255
263,121
176,252
829,628
(20,740)
-
(20,740)
857,527
836,787

The notes form part of these financial statements

Page 12

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

STATEMENT OF FINANCIAL POSITION 31 MARCH 2023

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
£
6,128
64,885
204,671
269,556
(52,872)
216,684
222,812
222,812		 Restricted
funds
£
535,716
110,904
152,665
263,569
(196,025)
67,544
603,260
603,260		 2023

Total
funds
£
541,844
175,789
357,336
533,125
(248,897)
284,228
826,072
826,072
222,812
603,260
826,072		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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

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 13

continued...

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2023

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 26 October 2023 and were signed on its behalf by:

The notes form part of these financial statements

Page 14

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale 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		 2023
£
(53,653)
(53,653)
(6,223)
1,333
1,151
(3,739)
(57,392)
396,456
339,064		 2022
£
(119,166)
(119,166)
(12,914)
-
44
(12,870)
(132,036)
528,492
396,456

The notes form part of these financial statements

Page 15

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
2023 2022
£ £
Net expenditure for the reporting period (as per the Statement
of Financial Activities) (10,715) (20,740)
Adjustments for:
Depreciation charges 14,721 11,402
Profit on disposal of fixed assets (1,333) -
Interest received (1,151) (44)
Increase in debtors (38,120) (60,981)
Decrease in creditors (17,055) (48,803)
Net cash used in operations (53,653) (119,166)
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
2023 2022
£ £
Cash in hand 67 89
Notice deposits (less than 3 months) 357,269 426,583
Overdrafts included in bank loans and overdrafts falling due within one
year (18,272) (30,216)
Total cash and cash equivalents 339,064 396,456
3. ANALYSIS OF CHANGES IN NET FUNDS
At 1/4/22 Cash flow At 31/3/23
£ £ £
Net cash
Cash at bank and in hand 426,672 (69,336) 357,336
Bank overdrafts (30,216) 11,944 (18,272)
396,456 (57,392) 339,064
Total 396,456 (57,392) 339,064

The notes form part of these financial statements

Page 16

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

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 17

continued...

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

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
3.
OTHER TRADING ACTIVITIES
Fundraising events		 2023
£
23,155
2023
£
862		 2022
£
53,530
2022
£
-

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

4. INVESTMENT INCOME

Interest receivable - trading
5.
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)
Big Lottery - Happy at Home
The National Lottery Community Fund - Health Equality
West Northants Council (formerly Northampton Borough Council)
Big Lottery Healthy Communities
West Northants Council (formally NBC) NDDS
NCF - Queen's Fund
NHS - ICS
Big Lottery - Awards 4 All
Northamptonshire Sport
Armed Forces Covenant Fund
Poverty Truth Commission
ICAN Country Wide Befriending
Well Communities Consortium
Communities Engagement		 2023
£
1,151
2023
£
367,037
9,435
42,420
132,808
2,099
135,930
-
67,089
372
757,190
2023
£
-
25,698
-
30,000
-
-
106,448
104,349
51,543
30,000
78,205
-
-
8,762
1,800
9,623
15,000
32,866
4,051
1,500
499,845		 2022
£
44
2022
£
277,065
62,999
2,377
95,300
1,226
136,965
33,000
145,920
462
755,314
2022
£
2,517
44,300
59,224
33,000
76,717
22,629
48,191
14,261
33,750
20,000
18,339
7,437
25,000
-
-
-
-
-
-
-
405,365

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

6. CHARITABLE ACTIVITIES COSTS

Projects and services
Direct Services
Contract work
SUPPORT COSTS
Projects and services
Direct Services
Contract work		 Support
Direct
costs (see
Costs
note 7)
£
£
437,413
13,146
286,917
549
56,302
79
780,632
13,774
Governance
Finance
costs
£
£
593
12,553
474
75
-
79
1,067
12,707		 Totals
£
450,559
287,466
56,381
794,406
Totals
£
13,146
549
79
13,774

7. SUPPORT COSTS

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Auditors' remuneration
Depreciation - owned assets
Surplus on disposal of fixed assets		 2023
£
4,200
14,721
(1,333)		 2022
£
4,800
11,401
-

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2023
£
409,399
36,274
11,495
457,168		 2022
£
511,468
40,683
15,319
567,470

The average monthly number of employees during the year was as follows:

Full Time
Part-time
Agency Staff and Consultants		 2023
7
14
-
21		 2022
9
18
1
28

No employees received emoluments in excess of £60,000.

The total employee benefits of key management personnel for the charity were £108,529 (2022: £97,016). Key management includes the CEO and Development Manager.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
41,344
Charitable activities
Projects and services
94,567
Direct Services
196,441
Contract work
-
Investment income
44
Total
332,396
EXPENDITURE ON
Charitable activities
Projects and services
137,669
Direct Services
212,545
Contract work
-
Total
350,214
NET INCOME/(EXPENDITURE)
(17,818)
Transfers between funds
78,127
Net movement in funds
60,309
RECONCILIATION OF FUNDS
Total funds brought forward
173,986		 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		 Total
funds
£
53,530
342,441
233,491
179,382
44
808,888
390,255
263,121
176,252
829,628
(20,740)
-
(20,740)
857,527

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
TOTAL FUNDS CARRIED FORWARD
234,295
602,492
12.
TANGIBLE FIXED ASSETS
Fixtures
Leasehold
and
Motor
improvements
fittings
vehicles
£
£
£
COST
At 1 April 2022
679,140
76,611
4,600
Additions
-
6,223
-
Disposals
-
-
(4,600)
At 31 March 2023
679,140
82,834
-
DEPRECIATION
At 1 April 2022
139,207
66,202
4,600
Charge for year
6,860
7,861
-
Eliminated on disposal
-
-
(4,600)
At 31 March 2023
146,067
74,063
-
NET BOOK VALUE
At 31 March 2023
533,073
8,771
-
At 31 March 2022
539,933
10,409
-
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Trade debtors
137,709
Other debtors
7,610
Prepayments and accrued income
30,470
175,789		 Total
funds
£
836,787
Totals
£
760,351
6,223
(4,600)
761,974
210,009
14,721
(4,600)
220,130
541,844
550,342
2022
£
90,502
6,336
40,831
137,669

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

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		 2023
£
18,272
15,188
8,120
7,999
9,411
189,907
248,897		 2022
£
30,216
22,116
9,160
26,293
2,351
187,760
277,896

15. LOANS

An analysis of the maturity of loans is given below:

Amounts falling due within one year on demand:
Bank overdrafts		 2023
£
18,272		 2022
£
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		 2023
£
34,540
10,581
45,121		 2022
£
50,760
44,326
95,086

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

17. MOVEMENT IN FUNDS

Unrestricted funds
General fund
NDDS
Designated Reserves - Building
Designated Reserves - Development
Restricted funds
Countywide Support & Development
VCSE Assembly
Car Scheme
NEP (Commsortia - Working Progress)
NEP (Delivery)
Happy at Home
iCAN Befriending
Poverty Truth Commission
Healthy Communities
G4S
Awards4All
Armed Forces Covenant Fund
Property fund
Health Equality - Embedding the VCSE
in the ICS
WNC - PTC 23 - 25
Northamptonshire Sport
TOTAL FUNDS		 At 1/4/22
£
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		 Net
movement
in funds
£
(82,861)
(3,730)
-
(1,119)
(87,710)
3,211
2,623
3,521
(549)
-
9,766
7,335
3,812
547
11,080
1,581
1,247
(6,859)
39,251
223
206
76,995
(10,715)		 Transfers
between
funds
£
97,732
(21,505)
-
-
76,227
(4,500)
(32,855)
(4,377)
-
-
(3,166)
(7,000)
(2,250)
(547)
(5,070)
(1,581)
(1,247)
-
(13,205)
(223)
(206)
(76,227)
-		 At
31/3/23
£
76,922
132,009
10,000
3,881
222,812
-
70
383
17,194
3,186
9,090
672
7,146
-
6,399
-
-
533,074
26,046
-
-
603,260
826,072

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

17. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
NDDS
Designated Reserves - Development
Restricted funds
Countywide Support & Development
VCSE Assembly
Car Scheme
NEP (Commsortia - Working Progress)
Happy at Home
iCAN Befriending
Poverty Truth Commission
Healthy Communities
G4S
Awards4All
Armed Forces Covenant Fund
Property fund
Health Equality - Embedding the VCSE
in the ICS
ICS - Memo of Understanding
WNC - PTC 23 - 25
Northamptonshire Sport
TOTAL FUNDS		 Incoming
resources
£
59,570
219,074
-
278,644
30,103
33,839
41,291
-
108,138
33,117
17,527
30,000
67,461
23,762
9,623
-
96,997
9,909
1,479
1,801
505,047
783,691		 Resources
Movement
expended
in funds
£
£
(142,431)
(82,861)
(222,804)
(3,730)
(1,119)
(1,119)
(366,354)
(87,710)
(26,892)
3,211
(31,216)
2,623
(37,770)
3,521
(549)
(549)
(98,372)
9,766
(25,782)
7,335
(13,715)
3,812
(29,453)
547
(56,381)
11,080
(22,181)
1,581
(8,376)
1,247
(6,859)
(6,859)
(57,746)
39,251
(9,909)
-
(1,256)
223
(1,595)
206
(428,052)
76,995
(794,406)
(10,715)

Page 25

continued...

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

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)
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 26

continued...

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

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)
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)

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. £46,410 from the Northamptonshire Highways was received in July 2022. £24,451 was also received from West Northamptonshire Council in August 2022. (2022: £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 - 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.

Restricted funds

Page 27

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

17. MOVEMENT IN FUNDS - continued

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.

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

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.

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.

Page 28

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VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

17. MOVEMENT IN FUNDS - continued

Armed Forces Covenant Fund - a Force For Change grant to train veterans as befrienders, and find veterans who would like a befriender, as a development of the existing Happy at Home and iCAN Befriending projects.

Health Equalities Grant (HEG) - Embedding the VCSE in the ICS - a lottery funded programme to ensure Voluntary, Community & Social Enterprise sector organisations, and the work they do in the community, are embedded in the newly mandated and introduced Integrated Care System across Northamptonshire.

West Northamptonshire Council Poverty Truth Commission (WNC - PTC 23 - 25) - a grant from West Northamptonshire Council to support the finding and training of Poverty Truth Commissioners to inform their anti-poverty strategy.

Northamptonshire Sport (Nor Sport) - A grant from Northamptonshire Sport to provide support to VCSE groups offering physical activity programmes, to increase their resilience and capacity.

Transfers between funds

Fund transfers from restricted to unrestricted funds are to cover management and overhead costs as per grant and contract agreements.

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 £121 (2022: £25) and purchases of £45 (2022: £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 £nil (2022: £6,010) were 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.

19. POST BALANCE SHEET EVENTS

After the year end the charity entered into 2 significant commitments. The charity purchased a new minibus costing £57,994 and a new Wheelchair Accessible Vehicle costing £18,378 was also purchased in July. The Wheelchair Accessible was purchased using funds received from Movability. These were not capital commitments at the year end.

Page 29

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Fundraising events
Investment income
Interest receivable - trading
Charitable activities
Grants
Contract work
Other income
Car scheme and NDDS income
Other income
Gain on sale of tangible fixed assets
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
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
Carried forward		 2023
£
23,155
862
1,151
499,845
76,524
44,891
135,930
757,190
1,333
783,691
409,399
36,274
11,495
2,595
5,291
3,005
7,794
7,798
10,027
249
16,480
7,669
1,761
68,143
1,053
142,187
3,488
2,293
145
6,060
1,619
744,825		 2022
£
53,530
-
44
405,365
208,919
4,065
136,965
755,314
-
808,888
511,468
40,683
15,319
3,065
4,953
3,198
8,264
7,629
9,214
-
19,140
5,647
1,754
67,620
284
65,326
1,132
2,103
2,713
12,659
2,466
784,637

This page does not form part of the statutory financial statements

Page 30

VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Charitable activities
Brought forward
Staff training
Staff expenses
Events and meetings
Depreciation
Support costs
Finance
Bank charges
Governance costs
Auditors' remuneration
Accountancy and legal fees
Total resources expended
Net expenditure		 2023
£
744,825
668
3,286
17,132
14,721
780,632
1,067
4,200
8,507
12,707
794,406
(10,715)		 2022
£
784,637
2,343
13,832
7,393
11,402
819,607
940
4,800
4,281
9,081
829,628
(20,740)

This page does not form part of the statutory financial statements

Page 31