Charity registration number 1087518 (England and Wales> Company reglstratlon number 04115234 VOLUNTARY & COMMUNITY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
VOLUNTARY & COMMUNITY LEGAL AND ADMINISTRATIVE INFORMATION Truslees Amanda Smith Dawn Whiteley MBE Kenneth Sanderson Lucy Clay Samantha Mccormick Tracy Saunders Emily Woodhead Christopher Butterworth Jonathan Dolby Jennifer Guy Priya Madina (Appointed 10 December 20241 (Appointed 3 March 2025) (Appointed 29 January 2025) (Appointed 27 March 20251 (Appointed 20 November 2025) Chalr of Trustees Tracy Ann Saunders Senior Management Team Julie Robinson Emma Worsley Jayne O'connell Gary Gordon Tamsin Woodhead (Chief Execulive Officer) (Head of Membership & Communicalionsl (Head of Partnerships & Programmes) (Head of Business Support & Innovation) (Head of Quality and Engagement) Charlty number 1087518 Company number 04115234 Reglgtered office The Resource Centr8 Hall Street Halifax West Yorkshire HX15AY Audltor BK Plus Audil Limited 52 St Johns Lane Halifax Wesl Yorkshire England HX12BW Bankers Unity Trust Bank Ning Brindley Place 8irmingham West Midlands Flagstone 1 sl Floor Clareville House 26-27 Ovenden Street London SW1Y 4EL Solicitors Finn Gledhill 1-4 Harrison Road Halifax West Yorkshire
VOLUNTARY & COMMUNITY CONTENTS Pago Trustees, report Statement of Iruslees. responsibilities Independent audilorfs report 9-12 Statement of financial activities 13 Balance sheet 14 Statement of cash flows 15 Notes lo th8 financial statements 16-30
VOLUNTARY & COMMUNITY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financlal statéments have been prepared in accordance with the accounting policies set out in nole 1 to Ihe financial statements and comply wilh the charity's governing documenl, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicabl8 in the UK and Republic of Ireland" and the Charities SORP "kcounting and Reporting by Charities.. Statement of Recommend8d Practice applicable to charitiès preparing their accounts in accordance with Ihe Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" Objectlves and actlvltles The objects of the chariiy are: to promote any charitable purposes for the benefil of the community in the area borough of Calderdale and its immediate neighbourhood Ilhe area of benefit) in such charitable ways as the Board of DireGtor5 thinks fit and, in particular, the advancement of VCSE groups to improve Ihe quality of life of the community in the area of benefit. lo promote any other charitable purposes within th8 United Kingdom which are, in the opinion of the Board of Directors, beneficial lo th8 community, with a preference for those in the area of benefit, to promote and organise co-operation in tha achiavèment of the above purposes and lo that end to bring together in council, representatives of the VCSE organisations and statutory authorities within the area of benefit. The charity's main aims for the year were to maintain delivery of existing conlracls andl or repurpose activity following discussion with funders to remain responsive lo needs. All work undertaken continued to align wilh VAC objec15 and slralegy which was refreshed in September 2022. VAC also prepared for the retender of the VSI Alliance contract and the withdrawal of one of our partners, North Bank Forum, from Ihe Alliance. Public benefit The trustees have paid duè regard lo guidance issued by the Charity Commission in deciding what activities the charity should undertake. AGhlevements and perfomiance Signific8nt acfivilies and achievements agains¢ objectives In 2024125, the organisation reviewed our strategic objectives, struclure and way5 of working in line with our VAC values and through con51Stenl leadership and leamwork we have delivered on internal and external priorities as follows.. Alrtable VAC now has an extremely Tesponsive Customer Relationship Management System which enable5 US t0 Share a real time understanding of everyihing we are supporting any VCSE organisation with across all membars of Iha team. Airtable will also enable VAC to measure progress against KPIS for all formal contracts and produce management nfOrmatIon at the touch of a button. LIQA Oulcome Following the independent assessment of VAC'S submission for the Local Infrastructure Quality Accr6ditation in May 2024 and NAVCA'S final review of the assgssor's recommendalion and VAC'S addilional evidence, Voluntary & Community Calderdale was awarded the Local Infrastructure Quality Accreditation ILIQA) in S8ptember 2024. Thi5 accreditation is valid for three years.
VOLUNTARY & COMMUNITY TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Room Hire and Tenancies Room Hlre income for the year 2024125 reducerj compared to the previous year by 170/0 wilh an income of £24,581. A total of 1383 hours of use was recorded. a 4.5 /0 reduction on last year. However, there has been a 52 % increase In the number of external users Wlth a total of 1553 attendees at meelings. In the next financlal year, redecoration of the rooms and an active marketing campaign are Planned to driv8 up room hire income. VCSE Slrategy In September 2023 Calderdale Melropolilan Borough Council (CMBC} commissioned VAC on behalf of the VSI Alliance lo lead on th8 devélopment of a co-produced VCSE Strategy for the Borough, The Slralegy. which will run for the next five yea15, was endorsgd in summer 2024 and VAC is now leading on the project management of the strategy impl8m8nlation through tha formation of the Calderdale VCSE Strategy Ov8rsighl Delivery Group. VAC Conf•rence In April 2025 VAC hosted our second conference since the pandemic at Dean Clough Art Gallery with over 100 attendees. The focus of this year's conference, as we mark 25 years. was to share future plans & new ways of working. The conference was extremely well-received and enabled the sector lo connect, collaborate & shape whal's next for VAC and the VCSE sector in Calderdale. Engagement Champlons (Calderdale) & Community Voices (Klrklèeg) VAC remained contracted (as part of the VSI Alliance) lo deliver and continually improve and evolve the engagemenl model for Ihe VCSE and communities on behalf of the Integrated Care Boards IICB) for Cald8rdal8 and Kirklees. During 2024125. in addition to the Engagement Champions and Community Voices neiwork lunches, training continued to be delivered online, and the programme was enhanced lo ensure it remained accessible and conlinued to help ¢ommunllies lo have 8 voice lo shape and influence positive changes to local health services, In Calderdal8 there are 42 individuals representing 32 organisations who are fully trained as Engagem8nl Champions and 78 Communlly Volces in Kirk188s r8pres8nting 58 different organisalions. During 2024125. Engagement Champions supported a wide range of engagement projects commlssloned by varlous partners, Including Calderdale Council, Community Action Bradford & District, and West Yorkshire ICB. Through particlpallon in Ihese projects, VCSE sector groups and organisalions collectively earned ov8r £31,000, demonstrating th8 valuable contribution of th8 Engagem8nt Champions programme. Membershlp As a constiluled membership organisation. VAC has continued to grow its mgmbarship from VCSE organisalion5 across Calderdale and Kirklees. MembeTShip of VAC offers the VCSE sector significant discounts on a variety of services including ID Badge productlon, virtual office and room hire al VAC'S Resource Centre. Wlnler Pressures Programme The 2024125 Winter Pressures Programme delivèred by VAC in partnership with local NHS partners, successfully delivered targeted inilialives lo ease winter pressures for urgent and emergency care s8rvice5 and ensure our diverse Calderdale communities have accgss to the right information and support. Building on the previous four years of dalivary, th6 VCSE sector played a vilal role in the success of the programm6 which focused on three main iniliative5- Winter Messaging Campaign. Winter Care Packs and VCSE Directory. Strong volunteer involvement, collaboration with local pharmacists and mental heallh providers. and active social media engagemant slrenglhened the programme's reach. Overall impact ratings averaged 3.5 out of 4. indicating the programme made a real difference in helping people slay well and get the right support through the winter months. Research Engagement Network The two VCSE Fiesearch Champions conlinued their work on behalf of West Yorkshire Integraled Care Board lo undertake conversations in underrepresenled and underserved communities Considering barriers and enablers lo joining health research opportunities across West Yorkshire. Further training has been agreed lo lake place in 2025126 to recruit more Research Champions from VACS Engagement Champions.
VOLUNTARY & COMMUNITY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Volunteers Volunteering support and placemenl has been supported as part of the VSI Alliance since April 2018. As VAC will be taking over the volunteering function on behalf of Ihe VSI Alliance with effect from 1st April 2025. a VAC Volunleering Slralegy h2s been developed and signed off by the Board of Trustees in 2024. CALIPSO CALIPSO is currently in abeyance as VAC works with partners to understand the full implications of Provlder Collaborative5. Development of the Mental Health Alliance in Calderdale. The Mental Health Alllance in Cald8rdale brings tog&th8r VCSE organisations, sarvic8 providers. and statutory partners to Improve access to mental health support, promotes wellbeing, and reduce inequalities. It has focused on mapplng seNices, Identifying gaps, and supporting partnership initialives to enhance local mental health provlsion. Th8 Alliance is actively d8veloping its forward plan to guid8 future priorities and ensur8 sérvices conllnue to respond effectively to community needs. Quallty 4 Hèalth + Wellbelng Quality 4 Health + Wellbeing IQ4H+W) is a quality accredilalion which VAC delivers across Calderdale and Kirkle8s. The accredilalion, originally co.designed with the VCSE and NHS in Calderdale, supports VCSE org¢inisalion8 to demonstrate high quality support and seNice delivery and evidence the difference they make lo service users, lives (person-Genlred outcomes). 11 offeTS assurance for key stakeholders (funders, commissioners, referrers, and seNice users) increasing opportunities for the VCSE to support and pariicipate in the delivery of the Heallh, Care and Wellbeing agenda. Q4H+W is a fully subsidised accreditation for groups delivering services across the Calderdale and Kirklees foolprinls, d6monstrating local place-based system leaders investing in VCSE through a quality approach to promote integration of the VCSE into local service delivery and pathways. ' During 2024125, the number of groups undertaking the Q4H+W accreditalion increased. Two of the organlsations accredlled this year achieved Q4H+W for the third lim8. having originally taken part in the initial pilot of the programma. Th8 Quality and Engagement Team has spent time with accredited organisations, renewals and supporting new to Q4H+W. Additional support was provided by Active Calderdale, who incenlivised groups to work lowards achievlng the accreditation and encouraged Ihem to embed physical 8Ctivily by meeting the activlty indicators within the framework, Flnancial revlew The slatemant of Financial activilles shows income of £1.169,351 and total resource expended of £887,074, resulllng in a net surplus of £282,277. The total funds of the charity have increased to £752,645 at 31sl March 2025. The total reserves at the year end are £752.645 (2024.. £470,368) Unrestricted reseNes at the year end are £536,143 {2024'. £445,365) and restricted funds are £216,502 (2024.. £25.003)
VOLUNTARY & COMMUNITY TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ReseNes policy The charity aims lo maintain unrestricted general reserves at a level of between 3 to 6 monlhs of the resources expended. The main fund8rs of the charity are contractually obliged to give 3 months, notice should they wish to cease funding the charlty. The Trustees have considered Ihe need to set aside reserves to 8nsure: sufficient funds to Gontinue current activities for a limited period whilst alternative funding was arranged. adequate funds to discharge all financial and conlraclual liabilities. adequate bank balances to cover projact funding which is received in arrears. suff Icient funds lor potential emergency repairs and renewals, nol otherwise funded by grants. suffici8nt funds to cover all contingent liabililias as detailed in tho annually reviewed reseNes pollcy appendlces The TrLfjStees, having reviewed the financial posilion of Ihe charity and the reserves policy of retaining unrestficled fvnds lo cover resources expended for a period of 3 10 6 months, Our current unrestricted reserves are £536,143 with £288.456 of this amount held as fixed assets including the building and £22,543 designated building fund gives free reserves of £247.687. Inv8slm8nl policy Under the Memorandum and Articles ofAssocialion, the charily has the power lo invesl the monies of the charity not immediately required for the furtherance of its objects in or upon such inveslmenls, securities or property as may be thought fit subject nev8rthele5S to such conditions (if any) and such consents (if any) as may for the time being bo imposed or required by law. The charity feel that they are not currently able lo make investments. bul will conlinue to review the charity's position. Rlsk The trustees have a duty to identify and review Ihe risks lo which Ihe charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. A risk log and a Gompliance schedule are in place and routinely reviewed by the Board and its sub-commillees including a review of relevant legislation over the past year to ensu18 that the charity remains complianl in all areas. The majority of our financial transactions continuè lo be via BACS and our financial procedures are written lo manage the risk wlthln this process including rigour around permission levels when using online banking. Plans for futurè perlod$ VAC Is proud to bè entering a new and exciting phase as the lead partner for the Voluntary Services Infraslruclure IVSI) Support Servlces contract wlth effect from 1st April 2025. This milestone marks more than a change in contract and has given us the opportunity lo redesign how Caldordale's vibrant Voluntary. Communlly and Social Enterprise IVCSEI sector wlll engage wilh us making support more accessible, mor8 inlegraled, and more Impactful. With the recent launch of Calderdale's VCSE Strategy 2024-2029, it 15 evident that the needs of VCSE organisations have evolved. The VCSE Strategy, coproduced with the sector, has given VAC clear direction of the way our services need lo be delivered now and for the future. As part of this. the VSI Alliance bfand will be phased out and transition inlo a unifi8d support structure under VAC, whilsl still working closely with our VSI Support Contract partners WYCAS. Locality, Calderdale Council and West Yorkshire Integraled Care Board (ICBI.
VOLUNTARY & COMMUNITY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structur8, governanco and management The Charity is controlled by ils governing document, its Articles of Associalion, and constitutas a company limlted by guarantee, as defined by the Companies Acl 2006. The trustees, who are also the directors for Ihe purpose of company law, and who seNed during th8 year and up to tho dat8 of signature of the financial statements were- Amanda Smlth Dawn Whileley MBE John N8edell Kenneth Sanderson Lucy Clay Samanlha McCormiGk Tracy Saunders Emlly Woodhead Christopher Bulterworth Jonathan Dolby Jenniler Guy Priya Madina (Resigned 29 January 2025) (Appointed 10 Oecembar 2024) (Appointed 3 March 20251 (Appointed 29 January 2025) (Appointed 27 March 2025} (Appointed 20 November 202S) Recruitmenl and appointment of trustees All trustees are appointed on a voluntary basis, and do nol receive any r8muneralion for their tlme. All expenses reimbursed to trustees are disclosed in the accounts. Following ils inlrodu¢lion in Au9U5t 2021 an enhanced indu¢lion programme continues to b8 in place and all new Irusl8&s ar& given an induction pack consisting of governing document, background and staffing information, strategic plan, plus relevant information for Iruslees le.g., minutes and previous yearly accounts). New Iruslees also follow a formalised 12 month inductionltraining programme. Half hourly development sessions have taken place as scheduled prior to each Board meeting focusing on areas for development which are identified by Trustees at the annu81 away d8y. Trustees undertake training as required induding Board development activities and away days for strategic planning and d8v8lopment of the organisalion. During 2023 the board agreed lo introduc8 'Deep Dive, sessions between Board meetings lo enable trustees to gain a fuller understanding of subjects which will enhance future decisions at Board meetings. The Chair and Vice Chair during this year has maintained membership of Ihe Association of Chairs lo support our work on Board effectiveness and malurily. The organisation continually reviews and improves processes linked to the Trustee recruitment and Induclion process including documenlation. At Ihe time of drafting this report the Charity has 7 Trustees. All new Truslees are appointed by the Board or elected by Ihe Members lo enable achievement of the charilable objects and to ensure: The organisalion remains a going concern We contlnue to deliver on our charitable objects for the benefit and advancement of the voluntary and community sector and communities of benefit Development of the organisation to become 5UStainable, remain responsive & fit for purpose All Trustees acl in the best interests of the organisationlcharily at all times. During a lime of exceptional social and economic challenges, the Board has maintained a focus on ensuring we have been actively supporting the seclor and communities we service. We continue to focus on tackling inequality and promoting equality and diversity.
VOLUNTARY & COMMUNITY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Org8nisafiDnal strucfure The Board of Trus1885 administer the charity. In linè with our governing document, the board can be made up of ijp to 12 olecled members, 16 individuals and 6 nominees of a member organisationl. As the membership model is evolving, Trust88s conllnue to always work in the best interests of the charity. Th8 Board has an annual cycle of busSne5s wllh meetings scheduled on a bi-monthly basis. Sub-commlttees hav8 been set up lo provide oversight and scrutiny on internal operations includlng Finance and Risk, People and Culture, Membership and Communications and Projects and Performance. Additional Task & Finlsh Group meetings are scheduled as required lo support conlinuèd developments in line with the slralegic plan. The racruilment of new Trustees is undertaken by th8 Board of Tru5t8es and delegates the responsibility of the day- to-day running of the organisation lo the Chief Executive Officar {CEOI. It Is the overall responsibility of the CEO lo ensure that the charity delivers against the organisalionallslralegic plan and key performance indicators as sel out in all of ils funded aclivitl8s. To ensure all deliverables are being mel and on target, the CEO meets those who are responsible for key activily on a monthly basis for information sharing and reporting with a view lo managing and miligaling any emerging risks or issues. Introduclng Llnk Offlcers: Conneclors to VAC Support Al the core of VAC'S new ways of working will be the introduction of Link Officers- dedicated members of our team who wlll provide person-centred support to VCSE organisalions, Whether it's helping with governan queries. connecting groups lo suitable funding opportunities, promoting local volunleering and events or simply being a sounding board when one is needed, our Link Officers are there lo help VCSE groups thrive. VAC Link Officers will b8 emb8dded across all our services and projects, helping the VCSE sector to understand everythlng VAC and our VSI Support partners offer- and more Importantly. how lo make the most of it. Onè Membershlp. On• Volc•. On• Sector. AlongsSde the Introduction of Link Officers. we wlll also simplify how organisalions engage wllh VAC Membershlp, VCSE Organisations wlll be able to access our services through one single point of access membarshlp model. VCSE organlsatlons accesslng any of our 5ervlces will need lo be a VAC Member. This naw model remov85 confuslon, slmplifi68 access, and strengthens our abillty lo speak as one voice for the Calderdale sector. Membership glves you access to our Link Officer support, excluslve networks. events, resources, and the chance to Influence our direction as part of our Trustee Board. VAC seNices can be accessed via a single point of access form on the webslle.
VOLUNTARY & COMMUNITY TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Relationshlp with wider network VAC continues lo b8 a member of NAVCA (National A550¢ialion for Voluntary and Community Actlon) and NCVO (Natlonal Councll for Voluntary Organisationsl. VAC pr*marily serves the Borough of Calderdale but as Ihe organisatlon has evolved, we are also responsible for contract delivery In Kirklees. We deliver the Quallty4Heallh & Wellbeing Standard lo a number of Ioc81, regional and natlona51y based Voluntary and Community Sector organisalions. The focus on qualily for the VCS sector is aimed at supporting ihe suslainabilily of our sector, i.è., to promol8 gr8at8r opportunities in line with social prsscribing and wider developments locally, regionally and nationally. Through Its work VAC develops. and continues to sustain, links with similar organisalions across the region and beyond. The VAC CEO is the CaldeTdale place lead at a system leadership levgl representing the Voluntary, Community & Social Enterprise IVCSEI Seclor and a m6mber of Ihe Power of Communities (formally Harnessing Power of Communitie5) Programme Board which sit5 under the West Yorkshire Integrated Care Board (WYICB). During this year VAC has continued to play the role of VCSE System Lead for the sector in relation to Caldard81e Cares Parlnership Board, and olher strategic boards and forums in Place. VAC continues to be a member of the Calderdale Health & Wellbeing Board. Heallh Leads Group, Calderdale Community Collaborative Programme Board13CPB), Slaying Well Board, Ageing Well Board, Actlve Calderdale Transformation Board, Voluntary Community Sector Chief Officers Forum. Calderdale intelligence Network, Urgent Care Programme Board (UECB), Calderdale's Communications, Involvement, Equaliiy and Exp8rien¢e Collaborative group ICIEEC) and a range of inlegrated Commissioning forums lo ensure Voluntary and Community Sector inclusion and resilience. Relalionship with related parties Over the year, the charity has worked closely with a range of organisations and partners including Calderdal8 and Kirklaes IC8, Calderdale Council, Kirklees Council, Calderdale and Huddersfield NHS Hospital TrLSSt, South West Yorkshire Partnership Foundation Trust, Calderdale College, North Bank Forum, West Yorkshire Accountancy S8rvice (WYCASI and Locality. Audltor In accordance with the company's articles, a resolution proposing that BK Plus Audlt Limited be r8appoint8d as audltor of the company will be put al a General Meeting. Dlsclosure of Informatlon lo audllor Each of the trustees ha5 Confirmed that there Is no Snformation of which they are aware which 15 relevant to Ihe audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo Idenllfy SLtch relevant informalion and to eslablish that the auditor is aware of such informalion. The trustees, report was approved by the Board of Trustees. Tw Saund Tracy Saunders Truslee 2910112026 Date..
VOLUNTARY & COMMUNITY STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the dlrectors of Voluntary & Community for the purpose of company law, are responsible for preparing the Trusl8es' R8POrt and the financial statements in accordanc8 with applicable law and Unlled Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice). Company law requires Ihe Irusle8s to pr8par8 financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of tha incomlng resources and application of resources, including th8 income and 8XP8ndilure, of the charitable company for that year. In preparing these financial slalemenls. the Iws16es are required to.. select sultable accountlng pollcles and then apply them consistently. observe the methods and principles in the Charities SQRP., make ludgemonls and estimates that are reasonable and prudent., state whether appllcabla UK Accounting Standards have been followed, subjecl lo any material dapartures dSs¢losed and explained in the financial statements.. and Pfepar8 the financial slalements on the going Concern basis unless il Is inapproprlale to presume that the charity will contlnue In operation. The trustees are responsible for keeplng adequate accounting records that disclose wllh reasonable accuracy at any tlme the financial position of the Gharily and enable them to ensure that the financial slalemen Is comply with the Companles Act 2006. They are also responsible for safeguardlng tha assets of tha charity and henc8 for taking reasonable steps for the prevention and detection of fraud and other irregularllles.
VOLUNTARY & COMMUNITY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF VOLUNTARY & COMMUNITY Oplnlon We have audlted the financial statements of Voluntary & Community Ilhe 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statem8nt of cash flows and notes lo the financial statements, including significant accounting policies. The financial reporting framework that has b88n applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 Thg Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Gan8rally Accepted Accounling Praclice). In our oplnlon, Ihe financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of ils incoming resources and application of resources, including its income and expenditure. for the year then have been property prepared in accordanc8 Wlth United Kingdom Generally A¢c8pl8d Accounting Practi. and hav8 been prepared In accordance with the requirements of the Companie5 Act 2006. Basis for oplnlon We conducted our audit In accordance with International Slandards on Audltlng (UK) (ISAS IUKII and applicable law, Our responsibllities under those standards are further dèscribed in the Auditor's responsibilities for the audil ol the financial statements section of our report, We are independent of the charity in accordance wlth the ethical requirements that are relevanl lo our audit of th8 financial statements In the UK, including the FRC'S Ethical Standard, and wè hav8 fulfilled our other ethical responsibilities in accordance with Ihe5e requSrements. W& believ8 that the audit evldence we have obtained is sufficient and appropriate to provide a basis for our oplnion. Concluslons relatlng io golng concern In auditing the financial statements, we have concluded that Ihe truslees, us8 of the golng concem basis of accounting in th8 preparallon of the financial slatements is appropriate. Based on the work we have performed. we have not identifi8d any mat8rial uncertaintles relating to evants or condltlons that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a perlod of at18ast twelv8 months from when the financial 51atemenls are authoris8d for issue. Our responsibilities and the responsibilities of Ihe trustees with respect to going concern are described in the relevant sections of this report. other Information The oth8r information comprises the information included in the annual raport other than the financial statemenls and our auditor'5 report Ihereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial stataments does nol cover the other infomiatlon and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and. in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in Ihe course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to delermine whether this gives rise to a material misstatem8nl in Ihe financial statements th8mselves. If, based on the work we have perfomed, we Conclude that there 15 a material misstatement of this other information, we are required lo 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 our audit.. the information given in the trustees, report for Ihe financial year for which the financial stalem8nts are prepared, which inclL*des the directors, report prepared for the purposes of company law, is consistent with the financial statements,, and the directors, report included within the trustees, report has been prepared in accordance with applicabl&16gal requirements.
VOLUNTARY & COMMUNITY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VOLUNTARY & COMMUNITY Matters on whlch we aro requlred to report by exception In the light of the knowledge and understanding of tho charity and ils environmonl obtained in the course of Ihe audit, wa have not idantified material misstatements in the directois, report included within the Irustee5' report. We have nothing lo report in resp8cI of the following maltars in relation lo which the Compani8s Act 2008 requlres us to report to you if, in our opinion.. adequate acGountlng records have not been kept, or returns adequate for our audit have not b88n 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; Of we have not received all the information and explanations we require for our audit., or the trustees were not entitled lo prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies. exemptions in preparing the Iruslees, report and from the requirement to prapare a strategi¢ report. Re8pon8lbllltlos of trustees As explained mor8 fully in the statement of trustées. rasponsibilitl8s, Ihe trusteos, who are also th8 directors of the charity for the purpose of company law. are responsible for the preparation of the financial 51alements and for being satisfied that they glve a Irue and fair view, and for such Inlernal control as the trustees d81ermin& is necessary to 8nable the preparation of financlal stal&menls that are free from material misstatement, whgther due to fraud or error. In preparlng the flnancial slatemenls. the trustee5 are responsible for assessing the ¢harily's ability to contlnue as a going concern, discloslng, as applicable, matters related to going concern and using the going concern basis of accounling unless the trustees either intend to Ilquldate the ¢harltabl8 Company or to ceas8 operatlons, or have no r8alistic a118rnalive but to do so. Auditor's responslbllltles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assuranc8 about wh8lhef th8 financial statemen15 as a whole are free from material misstatement, whether due lo fraud or 8fror, and lo issue an auditor's report that includ8s 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 miss18tement when it exisls. Misslalements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to intluence the economic decisions of users taken on the basis of these financial slatemenls. The extent to which our procedures are capable of detecting irregularilies, including fraud, is detailed below. A further description of our rgsponsibililies is available on the Financial Reporting Council's website at- htlps'.11 www.ffC.org.uklauditorsrespon8ibililies. This description forms part of our auditor's report. 10-
VOLUNTARY & COMMUNITY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VOLUNTARY & COMMUNITY Other matters Our approach to id8nlifying and assessing the risks of material misstatement in respecl of irregularllies, Includlng fraud and non-compliance with laws and regulations, was as follows.. The engagement partner ensured Ihat the engagement t8am collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable13ws and regulations; We identified the laws and regulalions applicable lo Ihe company through discussions with directors and other management. and from our commercial knowledge and experience of the industry sector. We focused on spe¢ifi¢ law5 and regulations which we considered may have a direct material effect on the financial 8talemenls or the operations of the company, including Ihe Companies Act 2006, laxalion legislallon and data Pfoleclion, anli-bribery. employment, environmental and health and safety lagislation,. We assessed the extent of compliance wllh the laws and r8gulalions identlfled abov8 through making enqulries Df manag8menl and inspecting legal correspondence., and Ensured law5 and regulations were communicated wilhln the audit team regularly and the team remalned alert lo Instances of non-complianc& throughout the audit. We assessed the susceptibility of the company's financial 5tatemenls to material misstalemenl, induding oblaining an understanding of how fraud might occur, by.. Making enquiries of management as to where they considered there was a susceptlbility lo fraud, their knowledge of actual, suspected and alleged fraud; Considering lh8 inlernal controls in place to mltigate risks of fraud and non-compllance with laws and regulations., and Understanding the design of the company's remuneration policles. To 8ddre$5 the rlsk of fraud through management bias and override of conlrols, we- Performed analytical procedures to identity any unusual or unexpected relationships: Tested journal entries lo Identlfy unusual transactlons Asse55ed whether judgements and assumptions made in determining the accounting estimates Set out in note 2 were indicalive of pot6nlial bia5: and Invesligat8d the rationale behind significant or unusual Iransaclions. In response to the risks of irregularltie5 and non-compliance wilh laws and Tegulatlons, w8 dasigned procedures which included, bul were not limited to.. Agreelng financial statement disclosures to Underlying supportlng documenlation., Reading the minutes of meetings of those charged with governance-, Enquiring of management as lo actual and potential litigation and claims., and R8viewing correspondence wilh HMRC, relevant regulators and the company's legal advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from Ihe financial transa¢tior15, the less likely it is Ihal we would become aware of non-compliance. Auditlng standard5 also limit Ihe audit procedures required lo identity non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspond6n¢e, if any. Malerial misstatements that arise due to fraud can be harder to detect than those thal arise from error as they may involve deliberate concealment or collusion. 11
VOLUNTARY & COMMUNITY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VOLUNTARY & COMMUNITY Use of our report This report is made salely to the charitable company's members, as a body. in accordance wllh Chapter 3 of Part 16 of th8 Companios Act 2006. Our audit work ha5 been Ltndertaken so that we mighl stale lo the charilatd8 company's members those matters wa are required to stala lo them in an auditor's report and for no other purpose. To Ihe fullest exlenl permitted by law, we do not acGepl or assume responsibility lo anyona 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. Victoria Atkinson FCA {Senlor Statutory Audltor) For and on behalf of BK Plus Audit Limited, Slatulory Auditor Chartered Certlfied Accountant 52 St Johns Lan8 Halifax Wesl Yorkshlre HX12BW England Dale.. 2.S .fiLtwcuy 2oib 12-
VOLUNTARY & COMMUNITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donallons and legacles 400 400 246 246 VCSE Support and Development Provision of Wellbeing S8rvi¢e5 243,669 763,172 1,006.841 175.867 431.014 606,881 124,239 124.239 502,115 502,115 Investments 37,871 37.871 19.746 19,746 Total income 281.940 887,411 1,169,351 195,859 933.129 1,128,988 Expendlture on: Raising funds 1,290 1,981 3,271 1,735 1,735 VCSE Support and Development Building - Community Resource Provision of Wellbeing Services 168,322 584,660 752,982 179,696 431,770 611,466 14,753 14,753 8,250 8,250 6,797 109.271 116,068 489,923 489,923 Tot81 charltable expendlture 189,872 693,931 883,803 187,946 921,693 1,109,639 Total expendlture 191,162 695.912 887,074 189,681 921,693 1,111,374 Net Income and movement In funds 90,778 191.499 282,277 6,178 11,436 17,614 Reconcillation of funds: Fund balances at 1 April 2024 445,365 25,003 470,368 439,187 13,567 452,754 Fund balances at 31 March 2025 536,143 216,502 752,645 445,365 25.003 470.368 The stal8ment of financial activities includes all gains and losses recogni5ed in the year. All income and expenditure d6rive from continuing activities. 13-
VOLUNTARY & COMMUNITY BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assats 13 247.687 252,342 Current assots Debtors Cash at bank and in hand 14 6,311 1.052.906 65,991 872,002 1,059.217 937,993 Cr8dltors: amounts falling due wlthSn one y•ar 15 1554.259) 1719,9671 Net current assets 504.958 218,026 Total as$ets1oss curront liabilities 752,645 470,368 The funds of the charity Restrlcted Income funds Unrestricted funds 18 19 216,502 536,143 25,003 445,365 752,645 470,368 The financial stal8ments were approved by the trustees on 2910112026 TAacy Saund Tracy Saunders Truslee Company registration number 04115234 (England and Wales) 14
VOLUNTARY & COMMUNITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng actlvltles Cash génerated from opérations 23 150,685 99,475 Investlng acllvltles Purchase of tangible fix8d assets Investment income received {7.6521 37,871 {14,443> 19,746 Net cash generated from Invg$tlng actlvitles 30,219 5,303 Net cash generated from financlng actlvltles N&¢ Increase In ¢a$h and cash equlvalents 180,904 104,778 Cash and cash equivalents at beginning of year 872,002 767.224 Cash and cash equlvalents at end of year 1.052,906 872,002 15-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng policles Charlty Information Volunlary & Community is a private company limited by guaranla8 incorporated in England and Wales. The regislared office is Th8 Resource Cenlre, Hall Str8el, Halifax, West Yorkshir8, HX15AY. 1.1 Basls of preparation The financial statements hav8 b88n prepared in accordance wilh Ihe charlty's governlng document, Ihe Companles Act 2006, FRS 102 "The Financial Reportlng Standard applicable In the UK and Republlc of Ireland" and the Charltles SORP "Accounting and R8porling by Charities.. Statement of Recommended PractlC8 applicable lo charitl8s preparing their accounts in accordance wllh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as defined by FRS 102. The flnancial statements are prepared In sterling, which is th8 functional currency of the ¢harlty. Mon81ary amounts in these financial slat8ments are rounded lo the nearest £. Th8 financial slat8menls have been prepared under the hislorical cost conv6nlion, Imodified lo Includ8 the revaluallon of freehold properties and lo include investment propertie5 and certain financlal instruments at fair valuel. The principal accounllng policies adopted are set out below. 1.2 Golng concern Al the time of approvlng the financial slalemenls, the Iruslges have a reasonable 8XP8Ctation that the charity has adequate resourc@s lo continLJe in operational existence for the foreseeable future. Thus the Iru8lees continue to adopt the going concern basis of accounling in preparing the financial stalernenls. 1.3 Charltable funds UnreylrScted funds are available for use al the discretion of the Irustees in furtherance of Ihelr charitable objective5. Reslricted funds ar8 subj8cI to specific conditions by donors or grantors as to how they may b8 used. The purposes and uses of the reslricled funds are s81 out in the notes to th8 financial stalomenls. Endowment funds are subject to specific conditions by donors Ihal the capital musl be maintain8d by the charity. 1.4 Income Income Is recognised when the charity is logally entitled lo it after any perfoTmance conditions have been met. the amounts can be measured reliably. and it is probable that income will be received. Cash donation5 are recognised on receipl. Other donalions are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognis6d at Ihe time of the donation. Legacies are recognised on r8c8ipI or otheiS8 if the charity has been notified of an impending distribulion, the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset. 16-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefils will be required in settlement. and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dir&t costs and shared costs, including support cosls involved in undertaking each actlvity. Direct costs attributable to a single activity are allocated direclly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a single activity are apportioned between those aclivili8s on a b8SiS consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tanglble flxed assets Tanglble fixed assets are initially measured al cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Deprecialion 18 recognised so as to write off the cost or valuation of assets18s8 their residual values over their useful Ilves on the following bases.. Freehold land and buildings Plant and equipment Fixtures and fillings 20/0 on r8valualion 250/0 reducing balanc8 25 /0 reducing balance The gain or loss arising on th8 disposal of an asset is determined as the difference between the sale proce8ds and the carrylng value of the asset, and is recognised in the statement of financial activltl8S. 1.7 Impalnnent of flxed assets At each reporting end date, the charity reviews the carrying amounts of ils tangible asset5 to determine whether there is any indication that those assets have suffered an impairment loss. If any such indScation exists, the recoverable amount of Ihe asset is estimated in order to d8t8rmine the 8Xtent of th8 impairm8nt loss (If any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposils held at call with banks, other short-t8rm liquid Investments with original maturities of thr86 months or less, and bank overdrafts. Bank overdrafis are shown within borrowings in current liabilities. 1.9 Flnanclal Instrurnents The charity has 81ected to apply the provisions of Seclion 11 'Basic Financial Inslrum@nts' and Section 12 'Olher Financial In51rumenls1ssues' of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the charity's balanc8 sh88l when the Gharity becomes party lo the contractual provisions of the instruTnent. Financial assets and liabilities are offset. with the nel amounts presented in Ihe financial slatemenls, when there is a legally enforceable right to set off the rècognised amounts and there is an intention to settle on 3 net basis or to realise the asset and settle the liability simullaneou51y. 17-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poll¢les (Contlnued) Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction cosls and are subsequenlly rArried at amortlsed cost using the effective interest method unless Ihe arrangemenl conslitules a financing Iransaclion. where the transaction is measured al the presenl value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financlal Ilabilitl8S Basic financial liabilities, including creditors and bank loan5 are inilially recognised at Iransaclion price unless Ihe arrangement conslitules a financing transaction, where the debt inslrument is tneasured at Ihe present value of Ihe future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments ar8 subsequenlly carried at amortised cost, uslng the effective interest rale method. Trade credllors are obligations to pay for goods or servlces that have b88n acquir8d in th8 ordinary cours8 of operations from suppliers. Amounts payable are classified as current liabilllies if payment15 due wllhln one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised Initlally al transadion prlce and subsequently measured al amortised cost using the effective interest method. Derecognltlon of Ilnancial liabllltles Financial liabilities are derecognised when the charity's contractual obligatlons expire or ara dischargod or canc8118d. 1.10 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's seNices are received. TerminatiDn beneflts are recognised immedlalely as an expense when the charlly is demonstrably committed to lerminale th8 8mploymenl of an employee or to provide termination benefits. 1.11 Retlroment beneflls Payments lo defined contribution retirement b8n8fil schemes are charged as an expense as they fall due. Crltlcal accountlng estimates and judgements In the application of the Gharily's accounting policies. the trustees are required lo make judgemenls, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from olhar sources. The estimat85 and associated assumptions are based on historical 8xparience and other factors that ar8 considered lo b8 r81evanl. Aclual results may differ from these estimates. The eslimates and underlying assumplions are reviewed on an ongoing basi5. Revisions to accounting eslima18s are recognised in the period in which the estimate is ravised where the r8vision affects only that period, or in the period of th8 revision and future riOdS where the revision aff&cls bolh current and future periods. 18-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legaclos Unrestrlcted Unrestrlcted funds funds 2025 2024 Donatlons and gifts 400 246 Income from charitable activities Unrestrlcted Restricled funds funds 2025 2025 Total Unrestricted Restrlcted funds funds 2024 2024 Total 2025 2024 VCSE Support and Development Quality for Heallh income Room hire Training income Rents received Charitable activities income Membership fees Other income (750) 29,783 126 14,849 (750) 29,783 126 14,849 24,581 616 14,919 24,581 616 14,919 173,051 1,598 28,904 763,172 936,223 1,598 28,904 110.733 1,855 19,271 431,014 541,747 1,855 19.271 Provlslon of Wèllbolng Servlces Charitable activities income 124,239 124,239 502,115 502,115 243.669 887,411 1,131.080 175,867 933,129 1,108,996 Incomè from Investmènts Unrestrlclgd Unrestrlcted funds funds 2025 2024 Interest receivable 37,871 19,746 19-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on ralslng funds Unréslrlcted Restrlctèd funds funds 2025 2025 Total Llnreslrlcted Restrl¢ted funds funds 2024 2024 Total 2025 2024 Fundraising and publicity Other fundraising costs 1.290 1.981 3,271 1,735 1,735 -20-
a) LO IJ) (vo¢- c • ¢y ra)rno Q)Vr ly) 0> tn Thi ¢£1 10 (A) th o r O 4XJ a) (N (rj c) Q Iii, ts)m C>V) Nts) Iocq Q (N u)OCL(tOV)L)QiiO
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles VCSE Support and Dovelopment 2025 Total 2024 Governance 8,900 8,500 2025 2024 Governance costs comprise: Audit fees 8,900 8,500 8,900 8,500 Net movement In funds 2025 2024 The net movement in funds is stated after charglngl(credlling): Fees payable for the audit of the charity's financial statements Depr8ciallon ofowned tangible fixed assets 8,900 12,309 8.500 11,992 10 Trustees None of the trustees lor any p8rsons connected with them) recelved any remuneration or benefils from the charlty durlng the year. 11 Employèes The averag8 monthly number ol employees during the year was: 2025 Number 2024 Numbor Direct Charitable . Projects Senlor Management 12 13 Total 17 17 -23-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees IConllnued> Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 382,635 25,308 13,491 379,269 27,251 14,235 421,434 420,755 There were no employees whose annual remuneration was more than £60.000, Remuneratlon of k•y managomont personnel The remuneration of key managem8nt Pgrsonnel was as follows.. 2025 2024 Aggregate compensation 190,431 159,172 12 Taxatlon The charity is ex8mpt from taxation on its activities because all its income is applied for charilable purposes. 13 Tanglble flxed asset8 Fr•èhold land and bulldln9$ Plant and Flxtur•$ and •qulpment fbttlng8 Total Cosl or valuatlon At 1 April 2024 Additions 250,000 34,864 7.218 65,004 434 349,868 7.652 At 31 March 2025 250,000 42,082 65,438 357.520 Depreciation and impairmenl At 1 April 2024 Depreciation charged in the year 16,816 5,606 19,698 5,596 61,010 1,107 97,524 12.309 At 31 March 2025 22,422 25,294 62,117 109,833 Carrying amount At 31 March 2025 227,578 16,788 3,321 247,687 At 31 March 2024 233.182 15.166 3,994 252,342 -24-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tanglble flxed assets Icontlnu8d) Land and buildings were valued on an open market basis on 10 February 2022 by Walker Singl6ton Chartered Surv8yors. The valuation show5 a reduction in value from the pr6vious valuation of £350.000, which wa8 undertaken in 2012. Depreciation of 20/0 is charged on the value (excluding land) of £185,000 within freehold property, over the remaining 33 years from 31 March 2022. This has resulled in an annual depreciation charge of £5,606. Al 31 March 2025. had the revalued assets been carried at historic cost less accumulated depreciation and accumulated impairment losses, their carrying amount would have been approximately £119,600 12024 £122,120). 14 Debtors 2025 2024 Amoun16 falllng due wlthln ono ygar: Trade debtors Other debtors Prepayments and accrued income 613 10,486 20,597 34,908 5,698 6,311 65,991 15 Credltors: amounts falllng due wlthln one year 2025 2024 Notos Othar taxation and social security Deferred income Trade credllors Other creditors Accruals 7,102 478,458 54,653 2,891 11,155 2,239 657,337 37,869 2,557 19,965 18 554,259 719,967 16 Deferred Incom8 2025 2024 Other deferred income 478,458 657,337 Deferred income is included in the financial statements as follows- -25-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Deferrod incomo (Conllnued) 2025 2024 Deferred income is included wilhin: Current liabilities 478,458 657,337 Movements in the year.. Deferred income at 1 April 2024 Released from previous periods Resources deferred in the year 657,337 (542,0361 363,157 749,080 {381,705) 289,962 Deferred incom8 al 31 March 2025 478,458 657,337 17 Ratlrement bfjnofit schemes 2025 2024 D•flned contrlbutlon scheme8 Charge to profit or loss in respect of defined contribution schemes 13,491 14.235 The charity operales a defined contribution penslon sch8m8 for all qualifyin9 employees. The assets of the scheme are held separately from those ol the charity in an ind8P8ndently administered fund. -26-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Rostrlctèd fund$ The restricted funds of the charity comprise the unexpended balances of donations and granls held on trust sublect to specific condilions by donors as to how they may be used. At 1 April 2024 Incomlng resources Resources At 31 March expended 2025 Active Calderdale Air Table Better Slart Bradford Calderdale Clinical Commi55ioning Group- Non Recurrent Funding Calderdale Food Network Calipso Development Community Foundation for Calderdale Cost of Living CommunityAsset Specialist Support Grants Community Cohesion Community Directory Emotional Health & Wellbelng GP Lelters Health Inequallties Impact of Vaccinalions Kirklees Local Workfarce Action Board PCN CommunityAnchor Power of Communities Research End Network SWYFT Winter Pressures Whilehouse Kirklees Engagement Women5' Exp UTI 15,000 35,706 15,000 6,075 (36,326) (15,000) (6,075) 14,379 78 162,312 37,445 (116,003) (37,4451 (388) 12,3DOI {34,305> {26,200) (2,3401 135,004) 151,398) {270) (3,000) (2,000) (110,004) 46,387 7,625 2,300 7,238 36,062 36,860 12,869 35,004 80,000 3,750 3,000 2,000 110.008 50,000 117,957 27.650 14.714 88,000 11.999 1.000 1,757 10,660 10.529 28,601 3,480 50,000 (117,957) (2,775) (5,253) (86,797) (4,072) (1,000) 24,875 9,461 1,203 7,927 25,003 887.411 695,912 216,502 -27-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Restrlcted funds (Cont5nued) Prevlous year: At 1 Aprll 2023 Incoming resources Resources At 31 March expended 2024 Active Calderdale Caldefdale Clinical Commissioning Group - Non Recurrent Funding Calderdale Clinical Commissionlng Group (20241 Cald8rdale Food Network Calipso Devalopment Community Foundation for Calderdale Cost of Living HPOC 2 HPOC 3 Kirklees Malernily Mental Health Awareness MFT P88r Support Safe Spac8 SWYFR Wlnter Pressures 2.807 41.328 (29,135) 15,000 228 5,316 15,466) 78 66.669 30,002 (66,6691 (30,Q021 (6071 8,232 2,300 7,625 2,300 34,170 87,426 87.921 109,992 10.000 4,047 9.518 27,500 313,300 25,740 80,200 134,1701 187,4261 187,9211 (109,9921 110,000) (4,0471 {9,518) 127,500) (313,300) 125,740) 180,200) 13.567 933.129 (921.693) 25,003 19 Unrestrlcted funds The unrestricted funds of the charity comprise Ihe unexpended balances of donations and grants which are not subject to Specific conditions by donors and grantors as lo how they may be used. These inGlude designated funds which have been sel aside oul of unreslricled funds by the trustees for specific purposes. At 1 Aprll 2024 Incomlng resources Resources At 31 March expendod 2025 General funds Designated - Building Fund 422,822 22,543 303,142 (227,481 } 498,483 22,543 445.365 281,940 1191,162) 536,143 -28-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrestricted funds (Contlnued) Prevlous year: At 1 April 2023 Incomlng resources Resources At 31 March expended 2024 General funds Designated - Building Fund 416,644 22,543 195,859 (189,681) 422,822 22,543 439,187 195.859 (189,681) 445,365 20 Analysls of net assets between lunds Unre$trl¢ted funds 2025 Restrlcted funds 2025 Total 2025 At 31 March 2025.. Tangible assets Current ass8tsl(liabilitiesl 247,687 288,456 247,687 504,958 216,502 536,143 216,502 752,645 Unrestrlcted funds 2024 Restrlctad funds 2024 Total 2024 At 31 March 2024: Tangible a$s8ts Currant asselsllllabilitl8sI 252,342 193,023 252,342 218.026 25,003 445,365 25,003 470,368 21 Operating lease commitm8nts Lessee At the reporting end date the charlty had oulstandlng commitrnents for future mlnimum lease payments under non-cancellable opèraling leases. which fall due as follows.. 2025 2024 Wlthin one year Between two and five years 14,138 19,723 14,138 33,861 33,861 47,999 -29-
VOLUNTARY & COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Related party transaclions There were no disc105able related party transactions during the year (2024 - none). 23 Cash generated from operations 2025 2024 Surplus for the year 282,277 17,614 Adjustments for: Investment Income recognised in slalement of financial aclivlties Depreclallon and impairment of tangible fixed assets (37,871) 12,309 (19,746) 11,992 Movements in worklng capltal: D8cr8ase in debtors Increase In Gredltors IDe¢rease> in deferred income 59,680 13,169 {178,879) 148,752 32.806 (91,7431 Cash genorated from oporations 150,685 99.475 24 Analysls of changes in net funds The charlty had no material debt during the year. -30-