**REGISTERED COMPANY NUMBER: 04184061 (England and Wales) REGISTERED CHARITY NUMBER: 1087513**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
**FOR**
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|8|
|**Report of the Independent Auditors**|9|to|12|
|**Statement of Financial Activities**||13||
|**Statement of Financial Position**||14||
|**Statement of Cash Flows**||15||
|**Notes to the Statement of Cash Flows**||16||
|**Notes to the Financial Statements**|17|to|31|
|**Detailed Statement of Financial Activities**|32|to|33|
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
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 2025. 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**
In line with our charitable objectives, VIN's core work focusses on supporting community organisations to be the best that they can be. As well as providing advice, support, and training for the VCSE sector, advocacy and strategic representation remain a key theme of our work. We ensure that community organisations sit at the right tables to have influence and to benefit the communities they serve.
Whilst the nature of volunteering is changing, we continue to provide our support to the VCSE sector and promote volunteering as a form of social action that connects People to Places.
## **Our 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.
During 2024 we revisited and refreshed our medium-term strategy, entitled Connecting People to Places. We continue to operate a '3Cs' approach:
- We Compete where we feel we offer a unique solution.
- We Collaborate wherever possible across sectors, and
- We promote Coalitions as a way of ensuring continued VCSE resilience
## **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 2025**
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities**
To meet our charitable objectives VIN provides a range of advice, information, and support services to help VCSE organisations develop and thrive. We support them via our redeveloped website and through physical and on-line training and meetings:
- We work with systems to ensure that people are engaged and connected at a Point of Place.
- We make information and advice on all aspects of volunteering accessible via the Countywide CAN database.
- We advocate for the VCSE in Northamptonshire and provide leadership and representation at a strategic level for VCSE organisations without a voice.
- We both support and directly deliver projects that connect People to Places.
- We work to ensure a more resilient Northamptonshire-wide VCSE.
- We act as an NHS broker to help embed the VCSE into the Integrated Care System.
The year has presented several challenges to an organisation like VIN. The reality of reduced levels of funding from traditional statutory partners has increased the need to diversify income streams. We continually review our efficiency and sense-check our role in an evolving marketplace, and this thought process will continue.
## **VIN achievements for 2024/2025 include:**
## Volunteer Support and Training
In a post-COVID world, volunteering brokerage has adapted, with most volunteering brokerage now being done through the Community Action Northants website. However, digital does not work for all and there will always be a need for an in-person experience. Where digital access is not suitable for an individual or an organisation's needs, we still meet people face-to-face.
## During 2024/2025:
- 30 new volunteers were recruited into our Happy at Home service to support vulnerable and elderly people
and reduce their isolation.
- 33 delegates attended VIN training sessions, and 210 delegates attended VIN events specific to VCSE support.
- We provided 54 one-to-one Advice Surgeries for VCSE organisations.
- 140 people attended VIN project-related support events.
- We enabled 1038 interactions/enquiries regarding volunteering.
- 592 health & well-being support sessions were attended by offenders at HMP 5 Wells.
## Community Transport
Our Community Transport Service - NDDS and Volunteer Car Scheme, have regained passenger numbers year on year following the pandemic.
## During 2024/2025:
- Our Volunteer Car Scheme provided 9,756 single passenger journeys.
- Our 25 Volunteer Car Drivers supported this service by giving an amazing 11,178 volunteer hours.
- Our Northampton Door-to-Door Transport Scheme (NDDS) provided 21,931 single passenger journeys, travelling a staggering total of 56,741 miles.
## Influence:
- VIN continues to promote the VCSE sector's vital role in the Integrated Care System (ICS).
- We continue to sit at the heart of service redesign in health and have worked with both West and North Northamptonshire Councils on their various transformation programmes.
- Working with the Lottery Healthy Communities Fund we ensured strategic VCSE representation within the ICS via our Connect Northamptonshire project, which is ongoing.
- We maintained our Executive Member Product to better support VCSE organisations with training, advice, and information.
- We continue to be a respected and trusted organisation that is ideally placed to continue our work in the ever-changing local environment.
Page 2
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **Strategic Direction for VIN**
In our medium-term strategy entitled Connecting People to Places, we set out some aspirational targets:
- Reach more VCSE organisations using online resources.
- Deliver information and advice where it was most needed.
- Continue to advocate for equal representation across the new Health structures.
- Increase diversification of income streams by working with new partners and new funders.
- Maintain and grow our pipeline of external Trust & Foundation fundraising.
- Utilise VIN assets to raise social enterprise income streams.
- Continue our support for placed-based social action.
- Deliver projects that benefit communities which have an element of representation, advocacy, or community resilience.
Page 3
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **FINANCIAL REVIEW**
## **Financial position**
VIN is pleased to be helping the VCSE sector navigate the significant changes in Northamptonshire, by building on existing positive relationships with the Unitary authorities and the local Health Authority. These relationships ensure that the VCSE sector is strongly represented during the changes taking place.
Our main funders during this year were West Northamptonshire Council, the NHS through NHS England, the local Integrated Care Board, and NHS Charities, G4S, and the National Lottery.
VIN has also been generously supported by Motability over this past year, adding a wheelchair-accessible vehicle to the Volunteer Car Scheme provision, and buying a new minibus to complement our existing fleet and expand access and provision for those in need.
VIN's income increased from £802,314 in 2023/2024 to £1,241,821 in 2024/2025. This is a significant increase on 23/24 and is related to a legacy received in the year of £117,231, as well as some projects started in 23/24 having a full financial year of funding, and VIN having more projects where they are the lead funder, thus receiving project budgets in full and then sharing them with partners. Projects operating in this way include the Countywide Support and Development, or Local Infrastructure (LIO) performance related grant from West Northamptonshire Council, the Health Equalities Grant funded by the National Lottery, and the Volunteering for Health Grant, funded by NHS Charities. VIN also received the funds for the purchase of a new minibus from Motability, on top of the running costs support, and was able to apply for a Community Connectors grant from NHS England building on the work which has been done with the ICS through the Health Equalities Grant.
This increased income level put VIN in a position where the Trustees are required to have the financial statements audited, VIN trustees' normal practise.
VIN's expenditure also increased from £804,666 in 2023/2024 to £941,744 in 2024/2025, a reflection of the increased partnership costs and the purchase of the new minibus. The increase in income has helped to absorb rising costs including Minimum Wage increases and appropriate increases in staff remuneration to support, recognise and retain our workforce in the face of cost-of-living increases.
The charity's income, £1,241,821 is greater than its expenditure, £941,744, a surplus. All of the surplus comes from an increase in designated and restricted reserves, and VIN is very aware of its need to maintain unrestricted reserves. VIN is therefore continuing to strive towards increasing unrestricted reserves to maintain the sustainability of the charity in what remains an unpredictable environment.
The Trustees worked with operational staff throughout the year to keep budgets under review. During the year, several actions were undertaken to prepare for the future:
- We continued implementation of our medium-term strategy, updated in June 2024.
- We provided for dedicated Trusts & Places Fundraising, using expertise from the existing staff team to identify funding opportunities.
- We invested in marketing to promote our services and the value that we bring.
- Continued funding was secured to extend our befriending projects.
- Lease arrangements for the NDDS Minibus fleet were reviewed. We took the decision to invest in the purchase of three community buses and placed an order to replace a fourth.
- We were awarded contracts that support projects focusing on volunteering in Public Health, in partnership with West Northamptonshire Council. An example was the recruitment of Community Health Champions
Page 4
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **FINANCIAL REVIEW**
## **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. VIN has continued to use the Flagstone Investment Platform as the sole means of investment. This provides the facility to choose from investments in different financial institutions, and for different terms, with the benefit that the investments are with the Platform, and placed by the Platform with each institution, rather than VIN having to open a separate account with each institution for each different term. Investments are made following the FSCS recovery guidelines, by checking individual investments on the Platform are protected up to £85,000, and the institutions invested with do not belong to the same group. Using the Platform also allows greater flexibility in terms of fixed term lengths for bonds and allows FSCS protection for sums greater than £85,000. Investment choices are approved by the Trustees and made with reference to cash flow, so funds are available when required.
## **Reserves policy**
Total funds at the financial year end amounted to £1,123,797 and of this £66,982 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 and current investments. 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.
Total designated funds at the year end amount to £234,746. During 2024/2025 the designated development fund was used up by depreciating over 2 years the amount spent in September 2022 on redeveloping the top floor of the building to provide a training facility and a separate office space for rent.
The remaining element of designated funds includes the balance of those funds which came with the merger with NDDS. The NDDS fund is used for NDDS running costs.
Total restricted funds at the financial year end amounted to £822,069.
Restricted funds held at the end of the 24/25 financial year amounting to £302,715, are for use in projects which will continue in the 25/26 financial year.
Restricted funds also include the building fund, at £519,354, 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.
Page 5
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **FINANCIAL REVIEW**
## **Going concern**
The Financial Statements have been prepared on the Going Concern basis as VIN Trustees have reviewed budgets and forecasts which, together with the Unrestricted Reserves held in cash, will see VIN through to the end of the Financial Year 2027.
West Northamptonshire Council have funded VIN, Daventry Volunteer Centre, and South Northants Volunteer Bureau to provide Local Infrastructure Organisation services from April 2024 through to March 2026. This funding will be reviewed in March 2026.
The Car Scheme continues to be funded by the NHS and is maintaining its membership fee income. A Wheelchair Accessible Vehicle (WAV) was purchased in June 2023 which is complementing its existing services and Volunteer Drivers are being specifically sought to drive this vehicle.
NDDS broke even in 24/25 as; the fundraising target was met, a 20% increase in Concessionary Fares was able to be claimed from WNC for those passengers using their bus pass, and lease costs were reduced by 70% as VIN/ NDDS has now moved to owning, rather than leasing, all of the buses it is operating. These lease costs will be reduced to nil in 25/26 but some of this cost will be replaced by necessary maintenance costs. Early in the 25/26 Financial Year a legacy was received from a former NDDS member who was registered blind. The final amount received was £117,000 and this is accrued for.
VIN is coming to the end of a 3-year contract funded by the National Lottery Community Fund to manage the embedding of the VCSE sector into the new Integrated Care System (ICS). This project has been given an extension until March 2026 to ensure the practise and information from the Communities of Interest and Pilot Project can be applied within the ICS.
G4S decided not to renew their contract with VIN at HMP 5 Wells, and this contract came to an end at the end of April 2025.
West Northamptonshire Council and various parts of the NHS are seeking volunteers to support Public Health. The Community Health Champions project runs until Jan 2026, and since March 2024 VIN has been awarded funding as lead party in the delivery of a Volunteering for Health programme, running from July 2024 through to June 2027.
Both aspects of the Befriending Services provided by VIN have received funding, one for 3 years, through to May 2027, and the other through to March 2026.
The Trustees have considered VIN's current contracts projects and income and believe that the need for VIN's expertise is still of relevance within the county and that there is still funding available for incorporating the VCSE sector into county transformation, and for projects being run by VIN. 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.
## **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.
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**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT 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, and all Minimum Wage obligations are met. Non-salary terms and conditions for all employees are standard.
## **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 are aware of their duty to identify and review risks to which the charity is exposed and to ensure controls are in place to provide reasonable assurance against fraud and error.
The Trustees review identified risks as well as consider emerging risks, at every trustee meeting and review policies and systems in place to mitigate and 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
## **Trustees**
T J Birch C Whyld C D Williams N Jackson D Boughen
## **Senior Statutory Auditor**
Andrew Clifford FCA
Page 7
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Auditors**
Shaw Gibbs (Audit) Limited Chartered Certified Accountants 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, Shaw Gibbs (Audit) Limited, 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 30[th] October 2025 and signed on its behalf by:
................................................................. C Whyld - Trustee
Page 8
**REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS 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 2025 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 2025 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.
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
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**REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
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**REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **Our responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
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 identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charity operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Charities Act 2011 together with the Charities SORP (FRS102) 2019. We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charity for fraud. The laws and regulations we considered in this context were Charity Commission regulations, GDPR, anti-fraud and bribery legislation, taxation legislation and employment legislation.
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the timing of recognition of income, and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, sample testing on the posting of journals, reviewing accounting estimates for biases, performing analytical procedures to identify any unusual or unexpected relationships, testing of income cut-off and reading minutes of meetings of those charged with governance.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
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 MEMBERS OF VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Andrew Clifford FCA (Senior Statutory Auditor) for and on behalf of Shaw Gibbs (Audit) Limited Chartered Certified Accountants Statutory Auditor Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ
Date: 12 November 2025
Page 12
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Projects and services
Direct Services
Contract work
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
6
Projects and services
Direct Services
Contract work
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
19
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
135,373
22,738
244,445
-
-
10,166
412,722
153,369
238,394
-
391,763
20,959
105,092
126,051
175,677
301,728|
Restricted
funds
£
2,997
593,525
143,878
88,699
-
-
829,099
468,828
27,417
53,736
549,981
279,118
(105,092)
174,026
648,043
822,069|2025
Total
funds
£
138,370
616,263
388,323
88,699
-
10,166
1,241,821
622,197
265,811
53,736
941,744
300,077
-
300,077
823,720
1,123,797|2024
Total
funds
£
31,386
413,866
271,873
78,522
1,341
5,326
802,314
451,400
287,775
65,491
804,666
(2,352)
-
(2,352)
826,072
823,720|
|---|---|---|---|---|
The notes form part of these financial statements
Page 13
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF FINANCIAL POSITION 31 MARCH 2025**
|||||2025|2024|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Restricted
Total|Total|
|||funds|funds|funds|funds|
||Notes|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|13|55,520|587,922|643,442|552,617|
|**CURRENT ASSETS**||||||
|Debtors|14|157,236|5,600|162,836|68,882|
|Investments|15|63,466|211,534|275,000|137,996|
|Cash at bank and in hand||59,845|88,097|147,942|144,917|
|||280,547|305,231|585,778|351,795|
|**CREDITORS**||||||
|Amounts falling due within one year|16|(34,339)|(71,084)|(105,423)|(80,692)|
|**NET CURRENT ASSETS**||246,208|234,147|480,355|271,103|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||301,728|822,069|1,123,797|823,720|
|**NET ASSETS**||301,728|822,069|1,123,797|823,720|
|**FUNDS**|19|||||
|Unrestricted funds||||301,728|175,677|
|Restricted funds||||822,069|648,043|
|**TOTAL FUNDS**||||1,123,797|823,720|
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 30[th] October 2025 and were signed on its behalf by:
............................................. C D Williams - Trustee
............................................. C Whyld - Trustee
The notes form part of these financial statements
Page 14
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by/(used in) operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Purchase of current asset investments
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|2025
£
280,015
280,015
(139,883)
(137,004)
10,166
(266,721)
13,294
134,648
147,942|2024
£
(38,248)
(38,248)
(33,498)
(137,996)
5,326
(166,168)
(204,416)
339,064
134,648|
|---|---|---|
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 2025**
## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**1.**|**RECONCILIATION OF NET INCOME/(EXPENDITURE)**
**ACTIVITIES**|**TO NET CASH**|**FLOW FROM**|**OPERATING**|
|---|---|---|---|---|
||||2025|2024|
||||£|£|
||**Net income/(expenditure) for the reporting period (as per the**||||
||**Statement of Financial Activities)**||300,077|(2,352)|
||**Adjustments for:**||||
||Depreciation charges||49,058|22,725|
||Interest received||(10,166)|(5,326)|
||(Increase)/decrease in debtors||(93,954)|106,907|
||Increase/(decrease) in creditors||35,000|(160,202)|
||**Net cash provided by/(used in) operations**||280,015|(38,248)|
|**2.**|**ANALYSIS OF CASH AND CASH EQUIVALENTS**||||
||||2025|2024|
||||£|£|
||Cash in hand||193|127|
||Notice deposits (less than 3 months)||147,749|144,790|
||Overdrafts included in bank loans and overdrafts falling due within one||||
||year||-|(10,269)|
||Total cash and cash equivalents||147,942|134,648|
|**3.**|**ANALYSIS OF CHANGES IN NET FUNDS**||||
|||At 1/4/24|Cash flow|At 31/3/25|
|||£|£|£|
||**Net cash**||||
||Cash at bank and in hand|144,917|3,025|147,942|
||Bank overdraft|(10,269)|10,269|-|
|||134,648|13,294|147,942|
||**Liquid resources**||||
||Deposits included in cash|-|-|-|
||Current asset investments|137,996|137,004|275,000|
|||137,996|137,004|275,000|
||**Total**|272,644|150,298|422,942|
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 2025**
## **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 2025**
## **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.
## **Current Asset Investments**
Current asset investments is cash on deposit with a maturity date of less than one year held for short-term investment purposes rather than cashflow. Current asset investments held qualify as 'basic' financial assets and are measured at the cash value or other consideration expected to be paid or received and not discounted.
## **2. DONATIONS AND LEGACIES**
|Donations
Legacies|2025
£
21,139
117,231
138,370|2024
£
31,386
-
31,386|
|---|---|---|
Page 18
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
|**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
**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
Car scheme and NDDS
income
Projects and services
Grants
Direct Services
Other income
Direct Services
Car scheme and NDDS
income
Direct Services
Contract work
Contract work
Grants received, included in the above, are as follows:
NHS Nene CCG
West Northants Council
West Northants Council - Countywide Support and Development
Big Lottery - Happy at Home
The National Lottery Community Fund - Health Equality
West Northants Council
West Northants Council - NDDS
Northamptonshire Sport
West Northants Council - Poverty Truth Commission
ICAN Country Wide Befriending
Motability
West Northants Council - Community Health Champions
Kings Heath Community Grant
WAV Car Volunteer Grant
WNC - Health and Wellbeing Grant
Postcode Places Trust - PTC
NHS CW+ - Volunteering for Health
WNC Skills for Communities
Persimmon Homes
Northamptonshire Community Foundation
Souter CharitableTrust|2025
£
-
2025
£
10,166
2025
£
595,962
-
20,065
236
229,819
346
158,158
88,699
1,093,285
2025
£
66,606
3,000
130,000
44,162
140,770
-
81,601
-
16,267
36,334
110,477
60,000
-
-
-
-
100,315
15,114
5,000
14,135
2,000
825,781||2024
£
1,341
2024
£
5,326
2024
£
387,725
3,266
22,875
-
134,689
6,861
130,323
78,522
764,261
2024
£
31,507
50,735
30,250
62,435
98,046
26,560
71,273
12,600
-
33,688
69,580
15,000
2,000
1,300
7,845
9,595
-
-
-
-
-
522,414|
|---|---|---|---|
|||||
|||||
Page 19
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **6. CHARITABLE ACTIVITIES COSTS**
|Projects and services
Direct Services
Contract work
**7.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
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
Staff training
Staff expenses
Events and meetings
Bad debts
Depreciation|Direct
Costs (see
note 7)
£
607,826
264,921
53,736
926,483|Support
costs (see
note 8)
£
14,371
890
-
15,261
2025
£
554,334
2,653
5,766
2,652
7,372
6,629
4,005
90
14,424
8,586
1,731
43,194
186
149,996
6,033
1,266
-
15,118
1,180
16,255
4,116
31,839
-
49,058
926,483|Totals
£
622,197
265,811
53,736
941,744
2024
£
502,048
2,648
5,721
3,195
8,126
8,492
7,204
832
13,754
6,136
2,056
57,557
554
82,430
3,325
-
(311)
8,336
1,754
7,853
5,131
38,663
5,919
22,725
794,148|
|---|---|---|---|
Page 20
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **8. SUPPORT COSTS**
|**SUPPORT COSTS**|||
|---|---|---|
|Projects and services
Direct Services|Governance
Finance
costs
£
£
555
13,816
399
491
954
14,307|Totals
£
14,371
890|
|||15,261|
Support costs, included in the above, are as follows:
|Bank charges
Auditors' remuneration
Accountancy and legal fees|Projects
and
services
£
555
7,085
6,731
14,371|Direct
Services
£
399
-
491
890|2025
Total
activities
£
954
7,085
7,222
15,261|2024
Total
activities
£
1,023
5,671
3,824
10,518|
|---|---|---|---|---|
## **9. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Auditors' remuneration
Depreciation - owned assets|2025
£
7,085
49,058|2024
£
5,671
22,725|
|---|---|---|
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **11. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
|Wages and salaries
Social security costs
Other pension costs|2025
£
494,802
42,724
16,808
554,334|2024
£
454,749
32,924
14,375|
|||502,048|
Page 21
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **11. STAFF COSTS - continued**
The average monthly number of employees during the year was as follows:
|Full Time
Part-time|2025
9
16
25|2024
8
14|
|---|---|---|
|||22|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
## £60,001 - £70,000
|2025|2024|
|---|---|
|1|-|
The total employee benefits of key management personnel for the charity were £148,341 (2024: £142,193). Key management includes the CEO, Development Manager and Finance Manager for this year and the prior year.
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
27,853
**Charitable activities**
Projects and services
85,856
Direct Services
191,232
Contract work
-
Other trading activities
1,001
Investment income
5,326
**Total**
311,268
**EXPENDITURE ON**
**Charitable activities**
Projects and services
198,955
Direct Services
216,599
Contract work
29
**Total**
415,583
**NET INCOME/(EXPENDITURE)**
(104,315)
**Transfers between funds**
57,172
**Net movement in funds**
(47,143)
**RECONCILIATION OF FUNDS**
Total funds brought forward
222,812|Restricted
funds
£
3,533
328,010
80,641
78,522
340
-
491,046
252,445
71,176
65,462
389,083
101,963
(57,172)
44,791
603,260|Total
funds
£
31,386
413,866
271,873
78,522
1,341
5,326
802,314
451,400
287,775
65,491
804,666
(2,352)
-
(2,352)
826,072|
|---|---|---|
Page 22
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
|**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
**TOTAL FUNDS CARRIED FORWARD**
175,669
648,051
**13.**
**TANGIBLE FIXED ASSETS**
Fixtures
Leasehold
and
Motor
improvements
fittings
vehicles
£
£
£
**COST**
At 1 April 2024
679,140
97,954
18,378
Additions
-
2,365
137,518
Disposals
-
(485)
-
At 31 March 2025
679,140
99,834
155,896
**DEPRECIATION**
At 1 April 2024
152,927
84,980
4,948
Charge for year
6,860
9,968
32,230
Eliminated on disposal
-
(485)
-
At 31 March 2025
159,787
94,463
37,178
**NET BOOK VALUE**
At 31 March 2025
519,353
5,371
118,718
At 31 March 2024
526,213
12,974
13,430
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2025
£
Trade debtors
790
Other debtors
1,235
VAT
6,643
Prepayments and accrued income
154,168
162,836|Total
funds
£
823,720
Totals
£
795,472
139,883
(485)
934,870
242,855
49,058
(485)
291,428
643,442
552,617
2024
£
20,912
2,625
9,636
35,709
68,882|Total
funds
£|
|---|---|---|
|||823,720|
Page 23
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **15. CURRENT ASSET INVESTMENTS**
|Short term investments
**16.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 17)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts||2025
£
275,000
2025
£
-
38,756
10,590
2,550
53,527
105,423
2025
£
-||2024
£
137,996
2024
£
10,269
32,640
8,141
2,287
27,355
80,692
2024
£
10,269|
|---|---|---|---|---|
||||||
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. **18. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years|2025
£
9,901
5,967
15,868|2024
£
18,255
10,462
28,717|
|---|---|---|
Page 24
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **19. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
NDDS
Designated Reserves - Building
Designated Reserves - Development
**Restricted funds**
Countywide Support & Development
Car Scheme
NEP (Commsortia - Working Progress)
Happy at Home
iCAN Befriending
Poverty Truth Commission
G4S
Property fund
Health Equality - Embedding the VCSE
in the ICS
WNC - PTC 23 - 25
Motability
Community Health Champions
WAV Car Volunteer Grant
Kings Heath Community Grant
Core 20 Plus Community Connectors
Skills For Communities
Volunteering for Health
**TOTAL FUNDS**|At 1/4/24
£
57,168
108,369
8,497
1,643
175,677
7,370
1,329
13,740
-
-
3,000
14,750
526,214
45,662
8,614
19,333
4,731
1,300
2,000
-
-
-
648,043
823,720|Net
movement
in funds
£
(121,974)
144,052
-
(1,119)
20,959
32,880
7,981
-
22,673
13,687
(3,000)
34,656
(6,860)
(2,649)
(5,129)
62,209
24,064
(1,300)
(2,000)
21,655
6,436
73,815
279,118
300,077|Transfers
between
At
funds
31/3/25
£
£
131,788
66,982
(24,669)
227,752
(1,503)
6,994
(524)
-
105,092
301,728
(10,000)
30,250
(3,826)
5,484
(13,740)
-
(4,800)
17,873
(7,000)
6,687
-
-
(5,328)
44,078
-
519,354
(17,799)
25,214
(2,315)
1,170
(6,149)
75,393
(6,883)
21,912
-
-
-
-
(7,500)
14,155
(6,436)
-
(13,316)
60,499
(105,092)
822,069
-
1,123,797|
|---|---|---|---|
Page 25
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **19. 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
Car Scheme
Happy at Home
iCAN Befriending
Poverty Truth Commission
G4S
Property fund
Health Equality - Embedding the VCSE
in the ICS
WNC - PTC 23 - 25
Motability
Community Health Champions
WAV Car Volunteer Grant
Kings Heath Community Grant
Core 20 Plus Community Connectors
Skills For Communities
Volunteering for Health
**TOTAL FUNDS**|Incoming
resources
£
30,275
382,447
-
412,722
130,000
35,396
45,163
36,334
-
88,699
-
141,333
16,268
110,477
60,000
-
-
50,000
15,115
100,314
829,099
1,241,821|
Resources
expended
£
(152,249)
(238,395)
(1,119)
(391,763)
(97,120)
(27,415)
(22,490)
(22,647)
(3,000)
(54,043)
(6,860)
(143,982)
(21,397)
(48,268)
(35,936)
(1,300)
(2,000)
(28,345)
(8,679)
(26,499)
(549,981)
(941,744)|
Movement
in funds
£
(121,974)
144,052
(1,119)
20,959
32,880
7,981
22,673
13,687
(3,000)
34,656
(6,860)
(2,649)
(5,129)
62,209
24,064
(1,300)
(2,000)
21,655
6,436
73,815
279,118
300,077|
|---|---|---|---|
Page 26
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **19. MOVEMENT IN FUNDS - continued**
## **Comparatives for 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
G4S
Property fund
Health Equality - Embedding the VCSE
in the ICS
WNC - PTC 23 - 25
Northamptonshire Sport
Motability
Community Health Champions
WAV Car Volunteer Grant
Kings Heath Community Grant
**TOTAL FUNDS**|At 1/4/23
£
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|Net
movement
in funds
£
(100,336)
(1,733)
-
(2,238)
(104,307)
11,870
(70)
5,202
(3,454)
(3,186)
(6,846)
6,328
(4,146)
13,421
(6,860)
41,839
11,367
1,644
25,257
6,289
1,300
2,000
101,955
(2,352)|Transfers
between
funds
£
80,582
(21,907)
(1,503)
-
57,172
(4,500)
-
(4,256)
-
-
(2,244)
(7,000)
-
(5,070)
-
(22,223)
(2,753)
(1,644)
(5,924)
(1,558)
-
-
(57,172)
-|At
31/3/24
£
57,168
108,369
8,497
1,643
175,677
7,370
-
1,329
13,740
-
-
-
3,000
14,750
526,214
45,662
8,614
-
19,333
4,731
1,300
2,000
648,043
823,720|
|---|---|---|---|---|
Page 27
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **19. MOVEMENT IN FUNDS - continued**
Comparative 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)
NEP (Delivery)
Happy at Home
iCAN Befriending
Poverty Truth Commission
G4S
Property fund
Health Equality - Embedding the VCSE
in the ICS
WNC - PTC 23 - 25
Northamptonshire Sport
Motability
Community Health Champions
WAV Car Volunteer Grant
Kings Heath Community Grant
WNC - Health and Wellbeing Grant
**TOTAL FUNDS**|Incoming
resources
£
96,406
214,862
-
311,268
35,496
-
44,908
-
-
63,944
33,923
1
78,883
-
98,046
27,404
12,600
69,696
15,000
1,300
2,000
7,845
491,046
802,314|Resources
Movement
expended
in funds
£
£
(196,742)
(100,336)
(216,595)
(1,733)
(2,238)
(2,238)
(415,575)
(104,307)
(23,626)
11,870
(70)
(70)
(39,706)
5,202
(3,454)
(3,454)
(3,186)
(3,186)
(70,790)
(6,846)
(27,595)
6,328
(4,147)
(4,146)
(65,462)
13,421
(6,860)
(6,860)
(56,207)
41,839
(16,037)
11,367
(10,956)
1,644
(44,439)
25,257
(8,711)
6,289
-
1,300
-
2,000
(7,845)
-
(389,091)
101,955
(804,666)
(2,352)|
|---|---|---|
## **Unrestricted and designated funds:**
General Fund this is Unrestricted Reserves which can be used for any purpose. It funds the SLT and most operational costs, and is funded by some pieces of work, and the project Management Charges.
NDDS these are funds which came with NDDS when it merged with VIN and it has been kept separate since then. It records income and expenditure for NDDS.
Designated Reserves Building this was set aside by Trustees previously and is currently active as we depreciate the cost of replacing the building lighting, but there remains a value for any work on the fabric of the building
Designated Reserves Development this was set aside by Trustees previously and has been used to redevelop a Training Room in the VIN building.
Page 28
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **19. 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.
Countywide Support and Development this fund reflects Income and Expenditure on the Local Infrastructure Contract, working together with West Northamptonshire Council to support the growth and development of VCFSE organisations.
Car Scheme this is Income and expenditure for the Volunteer Car Scheme through which volunteer drivers provide transport to medical appointments and it is currently funded by the Integrated Care Board (ICB). This should be considered part of Community Transport.
NEP Commsortia Working Progress this was a project supported by the European Social Fund for getting people back into work and has now finished.
Happy at Home this is a project supported by the Big Lottery that recruits volunteers to support lonely and isolated people, through regular telephone contact, meeting face to face, meeting as groups in social settings.
iCAN befriending this is a similar project to Happy at Home and is funded by the local Integrated Care Board as part of a package of services to reduce isolation.
Poverty Truth Commission this was a project looking at the lived experience of poverty and how it
G4S this project was funded by G4S and supported staff and prisoners at HMP5 Wells in Wellingborough with well-being activities. 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.
Health Equality Embedding the VCSE in the ICS this is a Big Lottery funded project using an alliances coordinator to help the VCSE be represented as the local healthcare landscape underwent systemic change.
WNC PTC 23-25 this project is funded by West Northamptonshire Council and should be seen alongside the Poverty Truth Commission which looked at the loved experience of people in poverty and how things could be better set up for them to engage with statutory services.
Motability this was a two year grant from Motability to support Community Transport and enabled VIN to buy a Wheelchair Accessible Vehicle for the Volunteer Car scheme, and a minibus for NDDS, alongside supporting running costs for Community Transport.
Community Health Champions this is a West Northamptonshire Council funded project to recruit and train volunteers form the community to deliver public health messages to their peers.
Page 29
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **19. MOVEMENT IN FUNDS - continued**
WAV Car Volunteer Grant this was a community grant from West Northamptonshire Council to recruit volunteers to drive the WAV car funded by Motability.
Kings Heath Community Grant - this was a community grant from West Northamptonshire Council to support eligible residents in Kings Heath access membership to the Volunteer Car Scheme and NDDS as they are under-represented in the membership.
Core 20 Plus Community Connectors this was a project funded by Northamptonshire Integrated Care Board. The Programme recruited volunteers who are representative of the diverse communities in localities with the highest levels of health inequalities in Northamptonshire. Connectors had lived experience of health inequalities and acted as a conduit between local communities and the Integrated Care System (ICS) whilst developing a suite of Health Education Packs.
Skills for Communities this was a West Northamptonshire Council grant to build the skills of unemployed and economically inactive people living in Briar Hill who want to get closer to work. Volunteering for Health this is a three-year grant led by Voluntary Impact Northamptonshire and funded by a partnership consisting of NHS England, NHS Charities Together, and Chelsea and Westminster+. Running from July 2024 - June 2027, the project's mission is to build a more inclusive, coordinated, and impactful volunteering infrastructure that supports health and wellbeing across our communities.
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.
Page 30
continued...
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **20. RELATED PARTY DISCLOSURES**
During the year the following transactions occurred with charity's in which VIN Trustee's are also Trustee's.
Purchases of £2,440 (2024: £1,187) were made with Community Space Northampton for event space for meetings held. T J Birch was a trustee for both charities during the year.
Purchases of £2,712 (2024: £2,266) were made from Personal Strengths Coaching Limited, a company that N A Jackson is a director of.
Page 31
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Legacies
**Other trading activities**
Fundraising events
**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
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|2025
£
21,139
117,231
138,370
-
10,166
825,781
88,699
20,411
158,394
1,093,285
1,241,821
494,802
42,724
16,808
2,653
5,766
2,652
7,372
6,629
4,005
90
14,424
8,586
1,731
43,194
186
149,996
6,033
1,266
-
15,118
1,180
825,215|2024
£
31,386
-
31,386
1,341
5,326
522,414
81,788
29,736
130,323
764,261
802,314
454,749
32,924
14,375
2,648
5,721
3,195
8,126
8,492
7,204
832
13,754
6,136
2,056
57,557
554
82,430
3,325
-
(311)
8,336
1,754
713,857|
|---|---|---|
This page does not form part of the statutory financial statements
Page 32
**VOLUNTARY IMPACT NORTHAMPTONSHIRE LTD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**Charitable activities**
Brought forward
Staff training
Staff expenses
Events and meetings
Bad debts
Depreciation
**Support costs**
**Finance**
Bank charges
**Governance costs**
Auditors' remuneration
Accountancy and legal fees
Total resources expended
**Net income/(expenditure)**|2025
£
825,215
16,255
4,116
31,839
-
49,058
926,483
954
7,085
7,222
14,307
941,744
300,077|2024
£
713,857
7,853
5,131
38,663
5,919
22,725
794,148
1,023
5,671
3,824
9,495
804,666
(2,352)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 33