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2023-03-31-accounts

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 2023

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 6
Independent Examiner's Report 7
Statement of Financial Activities 8 to 9
Balance Sheet 10
Notes to the Financial Statements 11 to 22

Ashfield Voluntary Action

Reference and Administrative Details

Trustees Dr Margaret Frances Gregory, Chair, until August 2023 Peter Robinson, Acting Chair, from August 2023 Philip Marshall Ken Bradshaw Jac Lemmen Serita Walker Senior Management Team Teresa Jackson, Chief Executive Charity Registration Number 1089635 Company Registration Number 04244661 Registered Office Ashfield Health And Well Being Centre Portland Street Kirkby-In-Ashfield Nottingham NG17 7AE 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 2023.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Dr Margaret Frances Gregory, Chair, until August 2023 Peter Robinson, Acting Chair, from August 2023 Philip Marshall Ken Bradshaw Jac Lemmen Serita Walker (appointed 28 September 2022) Patrizia Canova (resigned 30 November 2022)

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 are invited for an interview with fellow trustees. 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 procedures. 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

  1. 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.

  2. 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 provides 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 below:

This was a good example of Partnership working. We undertook community interviews to find out how people had engaged with the programme, and looked at what worked and what did not work. The aim being to secure funding for social prescribing activity across the Mid Notts area.

A special thanks to our funders during 2022-2023: Active Notts Partnership Trust Age UK IAPT promotion funds Arts and Heritage Research Grants Social Prescribing Funds Ashfield District Council Community Support Big Lottery Fund Kick Start Funds Margaret Gregory NHSEI - Community Champions; Inequalities Funds; Public Patient Engagement Fund Notts and Nottinghamshire (ICB); Nottinghamshire Community Foundation Notts County Council - Dementia Funds; Local Community Fund; Local Resilience Funds Pathways -European Funds through Enable Romo Severn Trent Funds The Jones Trust The National Lottery Reaching Communities Fund Thomas Farr Trust Western Power Generation Wheatcroft Fund

Page 3

Ashfield Voluntary Action

Trustees' Report

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 continue to support families who are struggling with the cost -of -living crisis to provide humanitarian support and through the Ashfield and Mansfield Emergency Foodbank.

Our activities all contribute to improving individual well-being, developing community cohesion, and will lead to a more healthy and vibrant community where people love to live.

A big thank you to all our volunteers who give their time to support the delivery of our projects and services during 2022-2023.

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.

Achievements and performance

The Trustees fully support a stable platform to enable our staff to deliver our existing and new work programmes. We have developed our support for the NHSE transformation plans by strategically aligning our work to key priorities within the Local and County Authorities and NHS plans; and continue to support the NHS through their transformation plans to develop a people-centred service through an Integrated Care System with the voluntary sector as a joint partner.

We have recruited and worked with 47 volunteers this year. We still deliver some aspects of humanitarian aid to our community supporting those adversely affected by Covid.

We have continued to strengthen the Notts Together Alliance with all five Nottinghamshire CVSs, plus Nottingham City CVS, RCAN and Community Accounting Plus, actively engaging to secure contracts and funds to support the Community within Nottinghamshire. The Alliance has developed a Compact with the County Council to provide core services and volunteer bureau services. Ashfield Voluntary Action also support community and voluntary sector groups within the developments across the Mid Notts Place Based Partnership and the South Notts Place Based Partnership (PBP) areas. A larger Alliance to work with other charities and Voluntary Sector organisations has also been developing over the year. The aim being to co-produce effective strategies to combat health inequalities impacting on our communities.

In April 2022 we established the Ashfield Centre for Enterprise (ACE) to create opportunities for people to acquire basic workshop skills and to provide community services. It was managed and developed by Len Allchorne who sadly passed away in May 2023 after a long illness. Initially centred at Stanton Hill, ACE has developed into a shop and refreshment kiosk in the Ashfield Health & Wellbeing Centre, Kirkby. Many thanks to Teresa Jackson our Chief Officer who retired at the end of the year in March, and Margaret Gregory our Chair, for their work in establishing ACE.

Deborah Hill became our new Chief Executive in November 2022.

Financial review

We continue to work with Community Accounting Plus who provide a monthly book- keeping service. They are also helping us to develop a finance reporting system which links to the performance of our projects. Our accounts are on Quick Books which provide transparent accountability.

We paid the staff a 10% pay rise at the beginning of the year, this was because there had not been a pay- rise for over 7 years and our pay rates were very low. Our finances still remain strong.

Page 4

Ashfield Voluntary Action

Trustees' Report

Policy on reserves

Following a review last year, we now have a reserve of £10,000 to cover costs of possible future redundancies. We built up reserves to ensure we have three months operational costs, as a cushion against funding loss, giving time to secure further funds. The expected pay rise was not paid until July but was backdated to 1st April 2022.The staff were very appreciative of the efforts to improve our pay. Sadly, the cost-of-living crisis we have experienced this year has virtually wiped out the impact of the pay rise.

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 funding opportunities are still only for 1 year and nothing has yet been agreed for next year. Local Authority funding is also drying up.

We need to continue to seek new funding contracts to be able to maintain programmes and find new funds to deliver new programmes when there is a lot of competition for funding. We spend a large proportion of development time chasing smaller pots of grant funding. Staff turnover and the difficulty in recruiting staff also proves an ongoing problem.

Page 5

Ashfield Voluntary Action

Trustees' Report

Statement of 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.

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 the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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 21 October 2023 and signed on its behalf by:

......................................... Peter Robinson Trustee

Page 6

Ashfield Voluntary Action

Independent Examiner's Report to the trustees of Ashfield Voluntary Action ('the Company')

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 2023.

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, FAIA, 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

21 October 2023

Page 7

Ashfield Voluntary Action

Statement of Financial Activities for the Year Ended 31 March 2023 (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
Other income
6
Total Income
Expenditure on:
Charitable activities
7
Total Expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
17		 Unrestricted
£
8,696
54,818
1,315
5,034
69,863
(45,736)
(45,736)
24,127
(4,534)
19,593
92,643
112,236		 Restricted
£
-
177,552
-
-
177,552
(212,778)
(212,778)
(35,226)
4,534
(30,692)
109,916
79,224		 Total
2023
£
8,696
232,370
1,315
5,034
247,415
(258,514)
(258,514)
(11,099)
-
(11,099)
202,559
191,460		 Total
2022
£
22,768
198,190
37
-
220,995
(211,380)
(211,380)
9,615
-
9,615
192,944
202,559

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.

The notes on pages 11 to 22 form an integral part of these financial statements. Page 8

Ashfield Voluntary Action

Statement of Financial Activities for the Year Ended 31 March 2023 (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
7
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
£
22,768
5,679
37
28,484
(21,225)
(21,225)
7,259
(2,177)
5,082
87,561
92,643		 Restricted
funds
£
-
192,511
-
192,511
(190,155)
(190,155)
2,356
2,177
4,533
105,383
109,916		 Total
2022
£
22,768
198,190
37
220,995
(211,380)
(211,380)
9,615
-
9,615
192,944
202,559

The notes on pages 11 to 22 form an integral part of these financial statements. Page 9

Ashfield Voluntary Action

(Registration number: 04244661) Balance Sheet as at 31 March 2023

Note
Current assets
Debtors
9
Cash at bank and in hand
10
Creditors: Amounts falling due within one year
11
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
17
Unrestricted income funds
Unrestricted funds
Total funds
17		 2023
£
22,711
177,353
200,064
(8,604)
191,460
79,224
112,236
191,460		 2022
£
6,229
227,165
233,394
(30,835)
202,559
109,916
92,643
202,559

For the financial year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The financial statements on pages 8 to 22 were approved by the trustees, and authorised for issue on 21 October 2023 and signed on their behalf by:

......................................... Peter Robinson Trustee

The notes on pages 11 to 22 form an integral part of these financial statements. Page 10

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

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 early 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 11

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

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.

Page 12

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

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.

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
£
565
396
7,735
8,696		 Total
2023
£
565
396
7,735
8,696		 Total
2022
£
1,496
3,380
17,892
22,768

Page 13

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

3 Income from charitable activities

Unrestricted
funds
General
£
Grants & donations
-
Fees
-
Sundry income
144
Contracts
54,600
Fundraising
74
54,818
4
Grants & donations
Acorn Fund - NCF
Nottingham CVS - Mental Health Transformation
Nottingham City Council- Hospital release social care
Nottinghamshire County Council - Covid support
events
Ashfield District Council - Community Support
Sundry grants & donations
Enable - Pathways Training & Kickstart
Romo Funds Nottinghamshire
Rushcliffe CVS - SN HWB Parttnership Training
Severn Trent Water
The Thomas Farr Charity
Mansfield CVS - MN HWB Partnership Programme
Western Power Distribution - Winter Warmers
NHS Nottingham & Nottinghamshire ICB - PPE
contract
Wheatcroft
Notts Office of the Police and Crime Commissioner
NCC Local Communities Fund		 Restricted
funds
£
176,012
-
1,540
-
-
177,552
Unrestricted
funds
£
-
-
396
-
-
565
7,735
-
-
-
-
-
-
-
-
-
-
8,696		 Total
2023
£
176,012
-
1,684
54,600
74
232,370
Restricted
funds
£
3,180
14,908
-
1,400
7,500
59
20,197
5,296
4,000
1,000
5,000
48,564
8,500
17,400
5,000
6,675
27,333
176,012		 Total
2022
£
180,433
2,758
2,802
7,840
4,357
198,190
Total
£
3,180
14,908
396
1,400
7,500
624
27,932
5,296
4,000
1,000
5,000
48,564
8,500
17,400
5,000
6,675
27,333
184,708

Page 14

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

5 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
6
Other income
Income from trading subsidiary		 Unrestricted
funds
General
£
1,315
Unrestricted
funds
General
£
5,034		 Total
2023
£
1,315
Total
2023
£
5,034		 Total
2022
£
37
Total
2022
£
-

Page 15

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

7 Expenditure on charitable activities

Wages, NI & pensions
Payroll service
Repairs & maintenance
Training & conference
Volunteer expenses
Rent & services
Insurance
Telephone & internet
Postage, printing & stationery
Registrations & subscriptions
Equipment, repairs & renewals
Staff expenses
Donations paid
Legal & professional
Bank charges
Publicity and promotion
IT
Recruitment/HR
Utilities
Freelance
Secondment charge
Internal management charges
Trustees' expenses
Grant repayment
Refreshments		 Unrestricted
funds
General
£
39,009
2,125
130
1,224
13
11,308
616
1,688
2,392
360
378
291
12,000
4,464
74
129
7,040
995
8
-
-
(39,314)
424
-
382
45,736		 Restricted
funds
£
143,548
-
300
1,095
1,209
5,996
-
153
3,000
-
1,891
243
5,400
742
-
45
8,000
-
-
1,007
-
39,314
-
773
62
212,778		 Total
2023
£
182,557
2,125
430
2,319
1,222
17,304
616
1,841
5,392
360
2,269
534
17,400
5,206
74
174
15,040
995
8
1,007
-
-
424
773
444
258,514		 Total
2022
£
95,681
1,872
-
995
2,205
29,642
909
2,314
3,135
133
4,250
740
-
10,013
97
-
11,089
799
889
606
43,260
-
366
2,385
-
211,380

Page 16

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2023
£
175,942
3,994
2,621
182,557		 2022
£
92,417
1,241
2,023
95,681

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Average number of employees 2023
No
9		 2022
No
7

5 (2022 - 5) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £2,621 (2022 - £2,023).

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 £31,228 (2022 - £19,108).

9 Debtors

9
Debtors
Trade debtors
Due from group undertakings
Prepayments
Other debtors		 2023
£
13,241
4,282
154
5,034
22,711		 2022
£
5,996
-
233
-
6,229

10 Cash and cash equivalents

Cash on hand
Cash at bank		 2023
£
232
177,121
177,353		 2022
£
1,529
225,636
227,165

Page 17

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

11 Creditors: amounts falling due within one year

Trade creditors
Other creditors
Accruals
Deferred income		 2023
£
7,374
1,230
-
-
8,604		 2022
£
22,374
3,555
556
4,350
30,835

12 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.

13 Taxation

The charity is a registered charity and is therefore exempt from taxation.

14 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:

Independent examination
Other financial services		 2023
£
1,025
1,928
2,953		 2022
£
975
2,555
3,530

15 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Dr Margaret Frances Gregory

£336 (2022: £269) of travel expenses were reimbursed to Dr Margaret Frances Gregory 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.

16 Related party transactions

There were no related party transactions in the year.

Page 18

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

17 Funds

Unrestricted funds
General
General fund
Designated
Redundancy Fund
Total unrestricted funds
Restricted funds
Ashfield Well Hub
Step by Step
Mid Notts PPE contract
Inspiring Ashfield
Ashfield Community
Support
Volunteering
Pathways
Health Inequalities
Boxing Club
Mental Health
Transformation
Total restricted funds
Total funds		 Balance at 1
April 2022
£
85,643
7,000
92,643
37,922
38,496
-
14,261
-
4,172
65
15,000
-
-
109,916
202,559		 Incoming
resources
£
69,863
-
69,863
-
-
17,400
6,059
7,500
28,873
20,197
73,376
6,675
17,472
177,552
247,415		 Resources
expended
£
(45,736)
-
(45,736)
(30,514)
(38,496)
(17,400)
(5,028)
(7,500)
(35,079)
(20,262)
(56,369)
(2,130)
-
(212,778)
(258,514)		 Transfers
£
(7,534)
3,000
(4,534)
-
-
-
-
-
2,034
-
-
-
2,500
4,534
-		 Balance at
31 March
2023
£
102,236
10,000
112,236
7,408
-
-
15,292
-
-
-
32,007
4,545
19,972
79,224
191,460

The transfer from the General fund to the Volunteering fund is to cover the deficit on this activity. The transfer from the General fund to the Mental Health Transformation fund represents an amount which should have been restricted in prior 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.

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.

Page 19

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

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 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. Pathways - a programme to support volunteers and community members to upskill and progress towards employment. This is a partnership programme with Notts City Council and Enable. We deliver a series of training programmes either digitally through our Flick learning online programme; or face to face such as ‘dementia friends’.

Health Inequalities - this is a Place Based Partnership project with the Integrated Care System and ADC to reduce the health inequalities experienced by some of our communities. Our approach is to deliver community led programmes, which look to improve the wider influences on health, than medical factors alone. Our focus is on the Coxmoor estate in Kirkby and the Butlers Hill /Broomhill/estate in Hucknall.

Boxing Club - to support vulnerable people to gain self respect and learn how to look after themselves. Mental Health Transformation - to develop an Integrated Care System in partnership with the Local Authority and the Voluntary Sector to change the NHSE delivery into community led services.

Page 20

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

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
Ashfield Well Hub
Ashfield Community
Enterprise
Step by Step
Ashfield Community
Support
Mid Notts PPE contract
Inspiring Ashfield
Covid 19 Response
Volunteering
Pathways
Health Inequalities
Total restricted funds
Total funds		 Balance at 1
April 2021
£
80,561
7,000
87,561
18,123
10,697
53,100
-
-
9,760
3,199
10,504
-
-
105,383
192,944		 Incoming
resources
£
28,484
-
28,484
42,891
5,142
18,600
4,000
20,400
43,920
540
11,812
20,206
25,000
192,511
220,995		 Resources
expended
£
(21,225)
-
(21,225)
(23,092)
(18,016)
(33,204)
(4,000)
(20,400)
(39,419)
(3,739)
(18,144)
(20,141)
(10,000)
(190,155)
(211,380)		 Transfers
£
(2,177)
-
(2,177)
-
2,177
-
-
-
-
-
-
-
-
2,177
-		 Balance at
31 March
2022
£
85,643
7,000
92,643
37,922
-
38,496
-
-
14,261
-
4,172
65
15,000
109,916
202,559

Page 21

Ashfield Voluntary Action

Notes to the Financial Statements for the Year Ended 31 March 2023

18 Analysis of net assets between funds

Unrestricted

Unrestricted
Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets		 General
£
Designated
£
110,840
10,000
(8,604)
-
102,236
10,000
Unrestricted
General
£
Designated
£
97,774
7,000
(12,131)
-
85,643
7,000		 Restricted
£
79,224
-
79,224
Restricted
£
128,620
(18,704)
109,916		 2023
Total funds
£
200,064
(8,604)
191,460
2022
Total funds
£
233,394
(30,835)
202,559

19 3rd party funds

Military Community Network Group
Various
Food Bank
Meristems		 Opening
balances
£
4,443
1
1,683
-
6,127		 Incoming
resources
£
-
187
-
2,000
2,187		 (Resources
expended)
£
(4,443)
-
-
-
(4,443)		 Total
£
-
188
1,683
2,000
3,871

Page 22