Company registration number: 04244661 Charity registration number: 1089635
## Ashfield Voluntary Action
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2021
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
## **Ashfield Voluntary Action**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7 to 8|
|Balance Sheet
Notes to the Financial Statements|9
10 to 20|
## **Ashfield Voluntary Action**
## **Reference and Administrative Details**
## **Trustees**
**Senior Management Team**
Margaret Frances Gregory, Chair
Philip Marshall Ken Bradshaw Patrizia Canova Jac Lemmen Peter Robinson Teresa Jackson, Manager
**Principal Office** Ashfield Health And Well Being Centre Portland Street Kirkby-In-Ashfield Nottingham NG17 7AE **Company Registration Number** 04244661 **Charity Registration Number** 1089635 **Independent Examiner** John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
## **Ashfield Voluntary Action**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2021.
## **Trustees**
Margaret Frances Gregory, Chair
Philip Marshall
Ken Bradshaw (appointed 24 May 2020)
Patrizia Canova
Jac Lemmen
Peter Robinson
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 2 July 2001. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
## _**Recruitment and appointment of trustees**_
Potential trustees complete an application form and an interview. Two references are required and an agreement to have a DBS check. If acceptable, the new Trustee is then invited to a Trustee meeting as an observer so they can see the procedure. Following this a vote is taken and if accepted, they are placed on the Trustee register on the Charity Commission website.
## **Objectives and activities**
## _**Objects and aims**_
To promote any charitable purpose for the benefit of the community in the local government district of Ashfield (the area of benefit) and, in particular, the advancement of education, the protection of health, and the relief of poverty, distress and sickness.
To promote and organise co-operation in the achievement of the above purposes and to that end to bring together in council representatives of the voluntary organisations and statutory authorities within the area of benefit.
Page 2
## **Ashfield Voluntary Action**
## **Trustees' Report**
## _**Objectives, strategies and activities**_
Ashfield Voluntary Action continues to provide projects and services for the benefit of people living in the Ashfield District of Nottinghamshire.
We continue to develop new working relationships with organisations across Nottinghamshire to enhance the projects and services we provide, which are:
- Infrastructure support providing governance support to the local voluntary sector. - Volunteer support programme: the recruitment and training of people interested in providing support to the community across the Ashfield Area.
- A public and patient engagement programme on behalf of the NHS Clinical Commissioning Group/ ICP. - Living Well Hub - support for people over 60years- to improve their mental health & well-being and social inclusion through group activities.
- Step By Step support for people with mental health difficulties, to improve their well-being and social inclusion. This included craft groups, various talking groups, garden group.
- In Touch, support for people to learn and improve digital skills.
- Ashfield Community Enterprise, a fledgling social enterprise supporting people with learning difficulties and mental health difficulties, to learn new skills and produce articles from refurbished wood which provides an income to cover the groups costs.
We are now focussing on restructuring the organisation in line with transformation programmes which will impact on our work programmes, so applying our attention to fundraising.
A special thanks to our current funders: The Big Lottery Fund; Mid Nottinghamshire Clinical Commissioning Group (ICP); Nottinghamshire County Council Local Resilience Funds; NET Funds; CAF Bank Foundation; Ashfield District Council Community Support; Ashfield District Counil Business Award; Margaret Gregory; The Jones Trust; Thomas Farr Trust; Bright Idea Fund; Notts Get Connected Trust; Active Partnership Trust; People's Postcode Lottery.
## _**Public benefit**_
Ashfield Voluntary Action continues to offer a range of services to the people of Ashfield, linked to social engagement; health and well being improvement; digital inclusion. Through partnership working we contribute to the delivery of family support through the Ashfield and Mansfield Emergency Foodbank. These activities all contribute to improving individual well-being and also lead to a more healthy and vibrant community. A big thank you to all our volunteers who give their time to support the delivery of our projects and services.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 3
## **Ashfield Voluntary Action**
## **Trustees' Report**
## **Achievements and performance**
The Trustees have formed a united stable platform of support to the staff during the delivery of humanitarian aid throughout the Covid pandemic and lockdown. All our Trustees are fully engaged in the work we do. We are now able to make progress in re-establishing Ashfield Voluntary Action as an Infrastructure Support Organisation, providing vital support to the community and voluntary groups across Ashfield.
We have strategically aligned our work to key priorities within the Local and County Authorities and NHS strategic plans; and continue to support the NHS through their transformation plans to develop a people-centred service through an Integrated Care Programme with the voluntary sector as a joint partner in the development, which will go live in April 2022.
We have recruited and worked with 40 new volunteers this year. Helping AVA to deliver Humanitarian aid to our community.
Building on the Mid Notts Alliance with the Clinical Commissioning Group we now have five Notts CVSs included in the Alliance, to help secure contracts and funds. The NottsTogether Programme has developed into a Compact with the County Council as we progress towards the Integrated Care Programme. We are now tasked with supporting community groups to be able to provide support to the ICP.
## **Financial review**
We continue to work with Community Accounting Plus to provide a monthly book keeping service. This is proving to be very successful and is saving money by not employing a staff member. Our accounts are on QuickBooks, they provide transparent accountability.
As we were unable to deliver many of the project activities, we have held this money over until the next financial year, when we will be able to deliver programmes activity. We are able to run the Step by Step programme for an additional year as we could not deliver it in 2020-2021.
## _**Policy on reserves**_
Our intention is to keep £7,000 to cover costs of possible redundancies. We built up reserves to ensure we have three months operational costs, as a cushion to funding loss, giving time to secure further funds. We have managed to produce reserves of £25,000 this year. The reserves are now above the target of £50,000. This proved vital as at the beginning of this year we had lost contract funding, but our reserves meant we could bid for other available funding opportunites to secure our financial position and maintain staffing levels.
## _**Principal risks and uncertainties**_
## _Financial risk_
Our biggest financial risk is to maintain the level of funds we secured last year. Our future with the ICP still remains uncertain as we rapidly progress towards the Intergrated Care Service in April 2022.
We need to continue to seek new funding contracts to be able to maintain programmes and find new funds to deliver new programmes. It is harder to secure funds with everyone chasing ever decreasing funding opportunities.
Continued reductions in statutory funds have reduced our ability to deliver community programmes. We spend a large proportion of development time chasing smaller pots of grant funding. Staff turnover and the difficulty in recruiting staff proves an ongoing problem.
Page 4
## **Ashfield Voluntary Action**
## **Trustees' Report**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Ashfield Voluntary Action for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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 adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and 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.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Margaret Frances Gregory Trustee
Page 5
## **Ashfield Voluntary Action**
## **Independent Examiner's Report to the trustees of Ashfield Voluntary Action**
## **Independent examiner’s report to the trustees of Ashfield Voluntary Action ('the Company')**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
John O'Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:.............................
Page 6
## **Ashfield Voluntary Action**
## **Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
17|**Unrestricted**
**funds**
**£**
40,361
6,053
82
46,496
(4,328)
(4,328)
42,168
(16,327)
25,841
61,720
87,561|**Restricted**
**funds**
**£**
-
173,687
-
173,687
(148,633)
(148,633)
25,054
16,327
41,381
64,002
105,383|**Total**
**2021**
**£**
40,361
179,740
82
220,183
(152,961)
(152,961)
67,222
-
67,222
125,722
192,944|**Total**
**2020**
**£**
9,422
168,419
180|
|---|---|---|---|---|
|||||178,021|
|||||(141,522)|
|||||(141,522)|
|||||36,499
-|
|||||36,499
89,223|
|||||125,722|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 17.
Page 7
## **Ashfield Voluntary Action**
## **Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
## **These are the figures for the previous accounting period and are included for comparative purposes**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net (expenditure)/income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
17|**Unrestricted**
**funds**
**£**
9,422
840
180
10,442
(41,232)
(41,232)
(30,790)
34,900
4,110
57,610
61,720|**Restricted**
**funds**
**£**
-
167,579
-
167,579
(100,290)
(100,290)
67,289
(34,900)
32,389
31,613
64,002|**Total**
**2020**
**£**
9,422
168,419
180|
|---|---|---|---|
||||178,021|
||||(141,522)|
||||(141,522)|
||||36,499
-|
||||36,499
89,223|
||||125,722|
|||||
Page 8
## **Ashfield Voluntary Action**
## **(Registration number: 04244661) Balance Sheet as at 31 March 2021**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
14
**Creditors: Amounts falling due within one year**
15
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
17
**Unrestricted income funds**
Unrestricted funds
**Total funds**
17|**2021**
**£**
-
1,004
211,872
212,876
(19,932)
192,944
192,944
105,383
87,561
192,944|**2020**
**£**
922
-
145,254|
|---|---|---|
|||145,254
(20,454)|
|||124,800|
|||125,722|
|||64,002
61,720|
|||125,722|
For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 7 to 20 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Philip Marshall Trustee
Page 9
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **1 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Ashfield Voluntary Action meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Exemption from preparing a cash flow statement**
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 10
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Furniture & equipment 20% straight line IT equipment 33% straight line
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 11
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from companies, trusts and similar proceeds
Grants, including capital grants;
Government grants
Grants from other charities|**Unrestricted**
**funds**
**General**
**£**
29,436
4,557
6,368
40,361|**Total**
**2021**
**£**
29,436
4,557
6,368
40,361|**Total**
**2020**
**£**
5,542
3,880
-|
|---|---|---|---|
||||9,422|
Page 12
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **3 Income from charitable activities**
|**Unrestricted**
**funds**
**General**
**£**
Grants & donations
-
Fees
1,442
Sundry income
2,725
Contracts
1,857
Fundraising
29
6,053
**4**
**Grants & donations**
National Lottery Community Fund
Active Partners Trust
Charities Aid Foundation
Nottinghamshire County Council
Ashfield District Council
Sundry donations
Enable
Get Nottinghamshire Connected
Groundwork UK
HMRC JRS
Nottinghamshire Community Foundation - NET
Mansfield CVS
NAVCA
NHS Nottingham & Nottinghamshire CCG
People's Postcode Trust|**Restricted**
**funds**
**£**
173,071
-
-
-
616
173,687
**Unrestricted**
**funds**
**£**
-
-
28,345
-
3,500
1,091
3,368
-
-
1,057
-
-
3,000
-
-
40,361|**Total**
**2021**
**£**
173,071
1,442
2,725
1,857
645
179,740
**Restricted**
**funds**
**£**
67,777
5,656
-
15,104
4,000
4,136
-
5,000
14,988
-
10,000
833
-
30,577
15,000
173,071|**Total**
**2020**
**£**
167,579
702
138
-
-|
|---|---|---|---|
||||168,419|
||||**Total**
**£**
67,777
5,656
28,345
15,104
7,500
5,227
3,368
5,000
14,988
1,057
10,000
833
3,000
30,577
15,000|
||||213,432|
Page 13
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **5 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits
**6**
**Expenditure on charitable activities**
**Unrestricted**
**funds**
**General**
**£**
Wages NI & pensions
14,792
Payroll service
271
Travel & subsistence
431
Training & conference
-
Volunteer expenses
-
Rent & services
8,618
Insurance
532
Telephone & internet
1,885
Postage, printing & stationery
1,260
Publications & subscriptions
120
Equipment, repairs & renewals
3,724
Legal & professional
3,833
Depreciation
922
Bank charges
70
Publicity and promotion
-
IT
816
Utilities
8
Freelance
-
Secondment charge
3,368
Internal management charges
(36,322)
4,328
**7**
**Net incoming/outgoing resources**
Net incoming resources for the year include:
Depreciation of fixed assets|**Unrestricted**
**funds**
**General**
**£**
82
**Restricted**
**funds**
**£**
83,480
1,708
741
768
1,030
8,311
-
553
1,530
143
2,133
326
-
-
100
4,279
839
2,500
3,870
36,322
148,633|**Total**
**2021**
**£**
82
**Total**
**2021**
**£**
98,272
1,979
1,172
768
1,030
16,929
532
2,438
2,790
263
5,857
4,159
922
70
100
5,095
847
2,500
7,238
-
152,961
**2021**
**£**
922|**Total**
**2020**
**£**
180|
|---|---|---|---|
||||**Total**
**2020**
**£**
102,955
2,101
2,002
50
3,250
16,034
533
1,715
4,548
155
285
2,640
922
60
405
3,860
7
-
-
-|
||||141,522|
||||**2020**
**£**
922|
Depreciation of fixed assets
Page 14
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **8 Trustees remuneration and expenses**
During the year the charity made the following transactions with trustees:
## **Margaret Frances Gregory**
- £242 (2020: £261) of travel expenses were reimbursed to Margaret Frances Gregory during the year.
## **Peter Robinson**
- £20 (2020: £Nil) of travel expenses were reimbursed to Peter Robinson during the year.
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year.
## **9 Fees payable to independent examiner**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
**----- Start of picture text -----**
2021 2020
£ £
Independent examination 950 950
Other financial services 1,430 1,115
2,380 2,065
10 Staff costs
The aggregate payroll costs were as follows:
2021 2020
£ £
Staff costs during the year were:
Wages and salaries 92,903 97,842
Social security costs 1,691 3,324
Pension costs 2,818 1,789
Compensation payments 860 -
98,272 102,955
**----- End of picture text -----**
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
**----- Start of picture text -----**
2021 2020
No No
Average number of employees 7 8
**----- End of picture text -----**
3 (2020 - 3) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £2,818 (2020 - £1,789).
Page 15
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £18,476 (2020 - £18,671).
## **11 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
**----- Start of picture text -----**
12 Tangible fixed assets
Furniture and Computer
equipment equipment Total
£ £ £
Cost
At 1 April 2020 5,389 6,322 11,711
At 31 March 2021 5,389 6,322 11,711
Depreciation
At 1 April 2020 4,467 6,322 10,789
Charge for the year 922 - 922
At 31 March 2021 5,389 6,322 11,711
Net book value
- - -
At 31 March 2021
At 31 March 2020 922 - 922
13 Debtors
2021 2020
£ £
Trade debtors 833 -
Prepayments 171 -
1,004 -
14 Cash and cash equivalents
2021 2020
£ £
Cash on hand 959 621
Cash at bank 210,913 144,633
211,872 145,254
**----- End of picture text -----**
Page 16
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **15 Creditors: amounts falling due within one year**
|Trade creditors
Other creditors|**2021**
**£**
6,631
13,301
19,932|**2020**
**£**
19,314
1,140|
|---|---|---|
|||20,454|
## **16 Charity status**
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
## **17 Funds**
|**17 Funds**||||||
|---|---|---|---|---|---|
|**Unrestricted funds**
**_General_**
General fund
**_Designated_**
Redundancy Fund
**Total Unrestricted funds**
**Restricted funds**
Ashfield Well Hub
CVS Alliance
Social Prescribing
Step by Step
Ashfield Community Enterprise
Mid Notts PPE contract
Inspiring Ashfield
Covid 19 Response
Ashfield Community Support
Volunteering
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2020**
**£**
54,720
7,000
61,720
21,250
4,232
7,778
30,742
-
-
-
-
-
-
64,002
125,722|**Incoming**
**resources**
**£**
46,496
-
46,496
23,616
-
-
67,777
16,124
30,577
-
27,656
4,000
3,937
173,687
220,183|**Resources**
**expended**
**£**
(4,328)
-
(4,328)
(26,743)
(4,232)
(7,778)
(45,419)
(5,427)
(30,577)
-
(24,457)
(4,000)
-
(148,633)
(152,961)|**Transfers**
**£**
(16,327)
-
(16,327)
-
-
-
-
-
-
9,760
-
-
6,567
16,327
-|**Balance at**
**31 March**
**2021**
**£**
80,561
7,000|
||||||87,561|
||||||18,123
-
-
53,100
10,697
-
9,760
3,199
-
10,504|
||||||105,383|
||||||192,944|
Page 17
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
The transfer from the General fund to the Volunteering fund represents funds which should have been allocated in prior period.
The transfer from the General fund to the Inspiring Ashfield fund represents requirement for 20% match fund. Grant is awarded in the next financial period.
The specific purposes for which the funds are to be applied are as follows:
Ashfield Living Well Hub – The Living Well Hub provides friendly and tailored support for people who are lonely or isolated. The service helps to build people's confidence and reduce feelings of isolation by providing support for everyone.
CVS Alliance – Ashfield Voluntary Action and the Mid Nottinghamshire CVS’s work together closely to deliver services across the Districts. This allows a consistency of approach, whilst taking into consideration the unique characteristics of each area. The alliance is growing in strength and this has enabled us to access funding in a highly competitive and funding environment.
Social Prescribing – Funded by the CCG, AVA supported the new Social Prescribing Link Workers to find groups and support the groups to prepare for the referral of people who were in need of socially inclusive activities.
Step by Step - a 5-year project funded through the Big Lottery, Reaching Communities fund. The project provides peer support and a channel into a wide-range of activities for adults who would like to improve their mental health and wellbeing. The goal of the project is to reduce the isolation and exclusion of adults in Ashfield by providing activities in supportive and positive environments.
Covid 19 response - Funds secured from various grants and donations for the purpose of providing humanitarian aid to the people of Ashfield. Shopping, collection of pharmaceuticals, meals for those who couldn't cook, food bank access, check and chat phone calls, information dissemination, digital access, help response, book and jigsaw library.
Inspiring Ashfield - establishment of a programme of social prescribing support activities to encourage people to re-engage with their community.
Mid Notts PPE contract - Public and Patient Engagement programme to encourage feedback to the CCG on their medical interaction experience.
Ashfield Community Enterprise- volunteer-led social enterprise that makes items from refurbished wood and is sold in the community. The project also teaches woodwork skills.
Ashfield Community Support- Support to voluntary and community groups and enterprise in the Ashfield area to ensure they have the correct governance and help to secure funds.
Volunteering- recruitment, administration and coordination of volunteers. Ensuring volunteers are DBS checked and trained. We also act as a broker for volunteers to other organisations, such as the vaccination programme.
Page 18
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
**These are the figures for the previous accounting period and are included for comparative purposes:**
|**Unrestricted funds**
**_General_**
General fund
**_Designated_**
Redundancy Fund
**Total unrestricted funds**
**Restricted funds**
Ashfield Well Hub
Health & Wellbeing Officer
CVS Alliance
Social Prescribing
Step by Step
Life Styles
Ashfield Community Support
Radiotherapy car scheme
Access & Beyond
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2019**
**£**
50,610
7,000
57,610
-
-
-
-
23,129
-
-
4,627
3,857
31,613
89,223|**Incoming**
**resources**
**£**
10,442
-
10,442
4,977
41,633
5,672
11,667
61,630
38,000
4,000
-
-
167,579
178,021|**Resources**
**expended**
**£**
(41,232)
-
(41,232)
-
(27,009)
(1,440)
(3,889)
(44,601)
(11,727)
(4,000)
(2,148)
(5,476)
(100,290)
(141,522)|**Transfers**
**£**
34,900
-
34,900
16,273
(14,624)
-
-
(9,416)
(26,273)
-
(2,479)
1,619
(34,900)
-|**Balance at**
**31 March**
**2020**
**£**
54,720
7,000|
|---|---|---|---|---|---|
||||||61,720|
||||||21,250
-
4,232
7,778
30,742
-
-
-
-|
||||||64,002|
||||||125,722|
|||||||
Page 19
## **Ashfield Voluntary Action**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
**----- Start of picture text -----**
18 Analysis of net assets between funds
Unrestricted
funds
Restricted 2021
General funds Total funds
£ £ £
Current assets 100,853 112,023 212,876
Current liabilities (13,292) (6,640) (19,932)
Total net assets 87,561 105,383 192,944
Unrestricted
funds
Restricted 2020
General funds Total funds
£ £ £
Tangible fixed assets 922 - 922
Current assets 81,252 64,002 145,254
Current liabilities (20,454) - (20,454)
Total net assets 61,720 64,002 125,722
19 Related party transactions
There were no related party transactions in the year.
20 3rd party funds
Opening Incoming (Resources
balances resources expended) Total
£ £ £ £
Ashfield Community Enterprise 802 - (958) (156)
Military Community Network Group - 7,164 (2,765) 4,399
Bumps Babies and Beyond - 100 - 100
Food Bank - 1,250 - 1,250
802 8,514 (3,723) 5,593
**----- End of picture text -----**
Page 20