REGISTERED COMPANY NUMIIER: 04312967 {EngIxnd and WAles) REGISTERED CEtARrrY NUtffllER: 1091423 REPORT OF THK TRusfELS AND uAuDED FINANCIAL STATEMENT3 FOR THE YEAR ENDED 31 MARCH 2024 COMMUNITY VOLUNTARY SERVICE BEDFORDSHIRK GB Accounting Solutions Limited Buildiilg 115 Bedford Te¢loI08Y Park Thurleigh Bedford Bedlordshire MK44 2YA
COMMUNITY VOLUTrITARY SERVICE BEDFORDSHIRE CONTENTS OF THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 fvlarch 2024 PAge Report of the Triistees I to 10 Independeiit ExAminci s Report StAtement of fiin4nciil Aetivtties 12 BAlanee Sheet 13 10 14 Notts to Ihe FinxnciRI statem1(5 15 to 22 Detailed StRteinent of fiinAneial Activities 23 10 24
COMMuNrrY VOLuwfARY SERVICE BEDFORDSHtRE REPORT OF THE TRUSTEES FOR THE YEI AR ENDED 31 Mareb 2024 The tnistees who atE also d1Clim of the charity for the putwses of Ilie Companies Act 2006, present their repoi'l with the financial staletttents of the charity for the year en(kd 31 March 2024. The trustees liave adopted the pRr)visions of Accounting and Reporting by Charities: Statement of Recomn)ended Practice applicable to charities preparing their accouiits iii accordance with the Fiiiancial Reporting Standard appli¢abl¢ in the UK and Republic of I]and (FRS 102) (effe¢tive l Janiiary 2019). OBJKcrtVES AND AcfiviTIES Objeetiv¢s ind #im5 The objectives of the organisalion are: ..to promote any charitable pUOse for the benefit of tlie public in Bedfordshire by the provision of assistallce and Iiyiniiig to charities or foi. the furtherance of exclusively charitable purposes, in: the forniulation of applicalions for funding or other assistance. the identification of wtei)tial fiinders or parhieis. information about sources of fuiiding or collaborators and by sucli other Ineans as the Inlee$ sl)all de¢id¢." The key a¢tiviti¢s for the year are set oiit in the str*egic review, focusing on 6 areas of work: - runding and Financial Sustainability - ensiiring the VCSE se¢lor has a¢sS to 4ppropiiat¢ funding, and is Inore slI1ent in the face of changing circumstances. - People- supporting tlie peopl¢ - whether they are volunteers, employeu or Irustees- a¢r(xss Ihe VCSE sector. Commiinilies - enabling Ioc81 communitios to effect swial action, boih individually and collectively. - Partnerships - the VCSE se¢lor working togellier effeclively, and witli staluloiy aJ)d private sector parthers. - EnvIninent- calalyse the VCSE sector in deliVli)E Ineasurnble progress lo cai'bon neulrdlity. Impact eiisuring Iliat the VCSE sector is able lo demonslrale the difference il makes to local ¢ominuni11¢s and the County, Slgnifjcnnt lelivities The key activities carried oiit to a¢hieve these objective included: funding and developinent support to local volunlary and commiinity sector organisatio, including charities ai)d social enterpi'ises. voluiitcering gLiidance and signwsling for local people wlio are ijiteresled in voluiileertng, matching them with local Voli)nte._[nV0IVin8 orEanisations' tt2ining cou13es and woi'kshops aimed * trustees. stAff aiid voluiiteers of volunlaiy aiid community sector orgaiiisations, pIDviding them with ihe skills and knowledge reqiiired lo becoine more effcctive and e(ficient, Irgular mailiiig5, newslette, social media wists and a w¢bsile providing advice and infomialion pertinent to the local voluntary and cominunity sector, - affordable meeting rooms, offi.ce space and equipment hire for th¢ lo¢al volulllary and commullity sector. The oi'g8t)isation As indebted lo a number of volunte3 who provide admiiiistrative and Inaiiageinent &ipport thUghOut the year, 'The cost of employing StatTto undertake these duties woiild be in excess of £5.000. Publie benefjt In carryin8 Out ilie activities, which are explained in more detail on the following pages of tl)is aniiual report, the oryanisftlion provided public benefit by enabling the local voluntaiy sector to contiibute to people and society through improved., - goven)an¢e and piiblic trust. meeting high stsindards of condud and belthviour - participation in local commiinities and their ability to connect will4 and establish links between local people expertise they provide in their area and in how to deliver for the public ability to speak out and provid¢ a voitt for the inost vulnerable - acc¢ss to Voluntee aiid funding whicli in tum improves the siistainability of the services they provide. The trustees have eomplied with their duty to have due regard to the Charity Commission's public benefit giudance in setting the ch.1$ objeclives and planning ils aims. objectives and firture acttvities and when exeiS]ng any powers or duties to which the guidance is relevant. Page I
COIIffiIUNITY VOLUNTARY SERVICE BEDFORDSHiRE RKPORT OF ThE TRUSTEES FOR TIIE YEAR ENDED 31 Mxrch 2024 AciItCVEiI(ti Trtr AND PERFORMANCE Revieiv of the Year This i'epoi'l has been sel oiit using the mAin themes of the new 5tsegic plan, whicli was agreed by th¢ trustees in Ilie suillmer of 2023. following a series of meetiDgs and discussions with beneficiaries. stakeholders alld staff. Matly of tbe actions are intetxlependent of each other. Funding and FiiiftnciAI SustAii)abtlity Ensuriiig the VCSE sector ha8 accoss to appropriate fvndin& and is more resilient in the face of clmnging circumstAnces. The Funding and Development Service resp)nded kn over 300 requests for advice and support fiDm local Voliintary, Coinmunty and Social Entetprise (VCSE) organisation4 oil a range of issues uicluding funding sources And strategies, ¢hw'ity and social enterprise regislralions, legal struct11$, safeguardiijg, and volunteer management. 'X has awarded £1500 towards our toilets refurbishment project. Thank you again for your help and advice last month dLiring development of the appli¢alion.' 'a BIG thaiik you for the intensive SUPFX)rt lo gel X over the liiie lo wiii a £5(K)k CO fuiiding grant over 5 ye. 'a liuge thank yoii froin the thiste¢s. The feedback Oll yoiir Iraining was vw positive And truslees voted th81 they want lo explore a new goveriiance stru¢lure.' 'As a result of yoii being able to point us in the rtght direction, l am liappy lo report thal we now have a bank account for oiii. little social club sel up aiid Nnningl I have been able lo deposit monies etc. so all is good., Staff organised numerous opwrtunities for organisations to meet potential funders. The Online F)d1ftE Fay in March 2024 gave orgAnisations access to 21 Ioc41 and tlalional funders. The local fuildets sessions saw between 17 and 53 local VCSE oygaiiisalions attending each time. four fiirthei Meel the funderf events weiE orgw)ised during the year, giving organisations tlie oppoitunity lo discu potential applications. Time was also invested in developiilg and mainlainiiig a Imnge of online resouire5 on lie1p1 tOPiG5 such as full cost recoveiy, d¢veloping a IE5erves licy and a Sist of local funde. CVS operntes 43 BmhaM Road as a shared buildi1)& offering otTice space and meeting spe for the local VCSE sectoi., I1)S to the support of T1 Harpur Ti'usl. Tr 1[diti8 has now rettinied to nomiality following COVTD-19, with meeting rooms being used by over 25 organisalloi, and 8 leiiant orgailisations plus CVS usiiig all available office space. A detailed pN)granime of external repaits, to keep the building in good condiliow w&8 undertaken in March 2024. The building PlDvides a praclical solution to the issue of office and meeting spac4 but is also a facility that allows diffei'ent VCSE oi'ganisations to network, sllare, develoi) better working parlnerships, creating a sense of 'community' between organis8tions working foi. the benefit of local commiiiiilias.
COMMUNITY VOLUNTARY SERVICE BEDFORDSHtRE REPORT OF THE TRUSfELS FOR T, YEAR EIqDED 31 Mareh 2024 AcHIEME1 Nf AND PERFORMANCE People Suppoitllig the people - whether they are Yolunleers. employee5 or trustees- actoss the VCSE sector. Staff delivered a Volunteering Brokerage and thitreach Service during the year. A public list of volunteering opportiiniiies is maintained, to provide potential volunteers wÈtb a broad range of volunteering oppoitun&ties (approximately 300), Staff attended num.OLIs evcnts acros5 th¢ county, promoting volunteering and raising awarcness of volunleering. Almost 700 people formally registei'ed lo volunteer. with rnany tnore being inspired lo contact an oi.gani58tioii diiwlly. The service provides one-to-one SUPIK>rt f. those th* ueed a little lstance with getting into volunteering. Over the year, over 50 pcople ncL.dcd somc additioiial support to lielp them move iiito volunleerffitjg (and sOMlme$ employmcnt), whicli cftn often involve a number of n)eLlin¥5 sind discussions, bul can be lifc-chaiigii)g. is Polish national who l)as been in the UK for about 10 yeat3. She was a walk in who wanled lo ie her skills atDUlld mental health and paiticiilarly suicide (she is iii her second yeai. of a coiinsellÈng course). She beclltne quite noticeably upset as we were talking and il tixnspiitd Ihal a friend of hers liad just coininitted suicide. We talked Iliiough l)ei' feelings and how she might be able lo l)elp other wple wlio were having similar Il)oiights. Over the iiexl few moiiths "A" dropped into see me for advice and lo discuss plaiis around voluiiteering lo galll ¢xperi¢n¢¢. I foutjd a role with a local homeless charity Iliat supporls iiidividuals wl)o are struggling with mei)tal health, She went oil to do their inhouse training and volunleettd with tlieii). A part-liine paid p051tion caine up aiid T ani pleased to say Ihal A. gol tlie job! 17 Iraining workshops, attended by 128 staff and volunteers workiiig in local VCSE otEanisalions, were delivered througlioul the year on a iiumber of key topics. incliiding SafegU.ding Awareness. Outcomes and Impact. Fit for Funding, and Trustee Skills, During 2023r24 we extended oui. training offer by offciiiig more course5 across the county, and we respoiided where capaoity allowed to deliver on a con)n)issioned basis. 'fhe feedback ftDm delegates is very positive, and ofteii leads lo ongoing support. We also partneiEd with a local company lo offer 4 affordable Fi13t Aid at Woi'k ¢ourJes, which have proved very popular. The Bedfordshire Tnistees Network was established in Noveihber, to givc those IEspoiisible for the govei'nance of VCSE oi'ganisations a iiew opportunity to iietwoi'k and share expei'iei)ces and knowledg¢. 51 people came together, with 5 detailed case studies LL8ed to foc{ discussiotLS and build relationships. Specifi¢ events are planned for 2024 based on the fecdback fiDm network members. Page 3
COIVIMUNITY VOLUNfARY SERVICE BEDFORDSHIRE REPORT OF"fHE TRUSTEEQ S FOR THE YEAR LNDED 31 Marth 2024 ACHIII VEMENT AND PERFORMANCE Communities Enabliiig local coinmunities to effect sLKial action, both individuatly and ¢oU¢ctively. Ensuring that lo1 communities are more aware ofthe support Ihat CVS cai) offer, should they wish to volunteer or start local group, is a priorily. Social media is playiilg a major part iii promoting the work of CVS, and the work of the widei. se¢toi'. IAJeal newspapers and online sites have been used to proinote the wort( of CVS, &qpecially volunteering opporlunilies. Meetiiig with orgonisalions fa¢e-lo-fa¢e continues to be a very effective method of proinoting our servic and eithal11]g our reputation. The weekly Emoil Update is a major part of our plan to as many organisations aiHI communilies as possible. Ovei. the year we liave gradually increase Ihe circulatfton list. with over 1.500 local orgaiiisalions and contacts Aiow i'ecetviiig usethl infunnalion on funding opwilunili&%, local vacancies, networking Oprli}It1. and otlieT relevant news and iipdates. Work will continue to extend the rellch of the newsletter, whi¢h receives great feedback fiK)m r¢aders, A monthly volunleei'iilg newsletter also ensures that new and existing volunteers are aware of our services and the various opportunities avatlabl¢ to them. Steps have been undertaken during the year to refresh the data we hold on local VCSE organisations, in pirparation foi. a significant upgt7de to the online diiEclory during 2024. One of the inost firyuent requests received by staff is for a list of VCSE orgiinisalions. CVS also conlinyed to host the Big Local initiative for the Cnuldwell and Kingsbrook area of Bedford, suppoiting a partnership of local people to iiivcsl over £1 mlllion in the local area over a l O-year pthicKi. Page 4
COIIffiIUNITY VOLUNTARY SERVICE BEDFORDSHtRE REPORT OF THE TRusfEES FOR T1 VLIR ENDED 31 Mareh 2024 ACHtEVEMENf AND PERFORlANcE Comniuiiitics Enabling local cominunilies lo effed Sla1 actio both individually and collectively. Ensuriiig tbat local comiknunilie5 are more aware of the siipport that CVS can offer, should they wsh to voliinteer or start a local group, is a priority. Social media is playing a major part in promoting the work of CVS, and the work of the wider sector. tA)cal iiewspapers and online sti¢s ljave been used to piumole the woJ* of CVS. especially volunteei'ing oppoitunilies. Meeting with organisations face-lo-face continues to be a very ¢ff¢dive mettK)d of proinotinE oul, servic< and ellkanclng our reputation. The weekly Email Update is 8 major part of our plw to reach as many organisations and communities as possible. Over the year we liave gtdiially increase ihe circulatioii list, wilh over 1.500 local organisations and eontllets now receiving usefiil infoiinalion on fiii)ding oppurtunilies, lo[ vacancies, Iielworking opp)rtunitics, )d other rclcvant news and updates. Woi'k will continue lo exlend the reach of ihe newsleller, which receiv great feedba¢k from l'eaders. A montlily voluiiteering newsletter also ensu% that new wld existing voluntee15 are awa of oui. services and d)e various opportunities available to them. Steps have been undertak¢n during the year to refresh tlie data we hold on local VCSE organisations, in pi'epaixlion for a significaiit upgrade to tlle oiilinc diiECtory during 2024. One of thc most fwuent requesls received by staff is for a list of VCSE oi'gattisations. CVS also continiied to host the Big Local iniliative for the Cauldwell and Kingsbrook area of Bedford, siippoiting a partneFEhip of local people to invcst over £1 inillion iii t1 local area over a 10-yw peri(KJ. Pxrtiiersliip5 The VCSE sector wod(iiig together effectively, and with slatulory and private sector partners. A key of role of CVS 15 to facilitate parlnetship working within the sector, and with other sectors, Thvo new iietworks have been developed over the year. aloiigside supportiiig numerous existing partnerships. A Coinms Network brin8s together those organisations wilh * ¢onimuni¢ations lead to s1]'C iiifr)nnatioii and c(Fordinate publicity abolit the work of the local VCS sector. A Volunteer cordInat0rS Netwo is now mectiiig regiilarly to share good prnclice on recrniting Rnd managing volunteers. A Fi)od Pi'oviders Network in Bedford was &8tablished to imptKJve partn¢r311ip ThDrkinE ai)d i'edu¢¢ duplication across tlie Foodbanks. community larders, social 5upennarkets and other agencies involved in food piDvision. Over 15 Organisl0n5 are now woiking closer together lo inipw)ve the impact they hav A direGtoiy of pailnerships was established, to &S5iSt organisalions to link up with releVll networks and meelillgs. llie directoiy will be proinoted and developed over the next yepr. CVS has also continiied to be involved in the irlatively new health and social care structure5 that cover Bedfordshire and Miltoii Iceynes, working to coiiiiect local VCSE organisalions, with ihe Inlegraled Care Board and olliei. patts of 8 cornplex healtb systein. BedfOrdShi Advic¢ Forum and the Vocypf network (for th(e w01ng with children. young people and families), continue to be facilitated by CVS staff. CVS also continues to SUP]K)rt Bedford Homeless Partnership and Liiton Hotneless Partnership. Staff are involved in a number of other n¢tWOTks and partnership4 including Ibe Luton Fairness Taskforce, Central Bedft)rdshire's Cost of Livtng Network, the Bedford Borougb Community NetworK the local ESOL PiDvidet% ii¢tworK the Bedfoi'd Borough Ukrainian Partnership, and a number of other opportunities where it is important for the VCSE voice and experience to be beard. Page S
CO1UNrry VOLUNTARY SIP Rv[ BEDFORDSHIRE REPORT OF THE TRusfEES riOR THE YEAR EP4DLI D 31 Mareli 2024 ACFfiEVTMENf AND PERFORMANCE Envii'onment Calalyse Ihe VCSE sector in delivering mcasurable pn)gresS to carbon neutrat. The past year has been spent understanding how CVS should best rwnd to t&e clill)&le cbange agenda, developing better liiths willi other agencies working iii this field. and eslabllshtng bow to best supwit the wÈder VCSE sector. It is clear Iliat that all VCSE organisations will not be able to achieve their objectives if they do not aIso act to respond to the Gliinate crisis. Staff have been developing itsourees for VCSE organisalAOnS to use. wlllch will be rolled out iii 2024. CVS is also developing a number of 'challenges' to encourage staff to change how the organisation operates and move towards net Impmct E[11.1ng that the VCSE sector is able to demonstrate th¢ dIffenCe it makes to Iixal comillunities And the Counly. The Ii'uslees air determined lo demonstrate the ijhpacl that the charity has, and SUPFQrt other VCSE organisations to do the sain¢. The developiT)¢nt of a new slrdlegic plw). tlie progress of which is repoi1ed on al evely board meeting. has pIDvided a greater focus, and lias assisted with the conversation on how best to evidence our impact, Staff have improved Ilie evidence collecling Inelhods during the year, with an emphasi5 on capluring feedback fiDin oi.ga17isati011s and voliinleei's diat have been supported. This h&8 allowed for better quality portS lo funders. improved case studies for proinolion via social ined1 and grcal¢r reassuran to trnstees. We've been gettiiig on really well as an iinincorporaled association and watjled to say thank you for helping us set il up. Thanks so inLich for your guidance, il definitely iiiade a dIffence., "We found yoii very professional and knowledgeable in tern)s of the subject matter and process of tegistering a CIC, a credit lo your orgartisationl" 'The public benefit table helped a lot, I believe because it was really clear how we work so they had no questions. Thank you so miich for all of your support so far. Everyone agrees that your Contribution has made a al diffettnce" A 'Slfils of the Sectoe docum¢nt wd8 prodiiced in 2023, which sets out the appn)ximale size of the local VCSE sector in Bedfordshllf, (almost 3,000 oiEanisations), ptDviding a starting pM)int for any convetsalion aknut what the local VCSE se¢toi' looks lik< and liow diverse the sector is. The dwument will iK updaied every year. PIAny foi. fiuture Periods 11)e key activities foi'tlie future are set out in the strdtegi¢ review, foing on 6 are8s of work: - Funding and Finarbci&l Suslainability - ensuring the VCSE sector access kn appropriate fundin& and is morc resilient in die face of cbangtng circumstances. - People - suppoi'ling Ilie people- whether they volunteeffj employees or Inlees- actDss the VCSE sector. Communitics - cnabling local collununities to effect 50¢ial aGlion. botl) individually and collediv¢ly. - Partnerships - tILe VCSE sector working togetber efftclively, [d with statutory and private sectoi. partnas. - Eiivironment- catalyse the VCSE sector in deliverillg measurJble progress to carbon neutrality. Impact - ensuring that ihe VCSE sector is able to dernonstrdte the differeiice it makes to local communities and the coiinty. Page 6
COMMUNITY VOLUNTARY SERVJCE BEDFORDSHIRE REPORT OF THE TRusfEES FOR THI YEAR ENDED 31 Mareh 21)24 FINANCIAL lEw Fiijallcial p05itioii The otEanisalion remains in a healthy financial p)sition. Total incoming resourcas foi. tbe year w¢r¢ £493.046 (2023 £444208) and total resources expended £509,919 (2023 - £451,896). Th¢ 'ganiSatiOn made a deficit for the year of £16.873) (2023 - £7.688). The cost of staffing and utilities remain l)igh due lo the cosl of living crisis affecting the county. Whilst income fiom meelAiig iooin and oftice space iisage mained high, olher sourccs of funding have not increased in line with the increase iii eosts. and this remains a coiicem for the huslees. A iiumber of repairs We also undertaken 011 43 BIDinham Road, with funds being iEleased from reserv¢s as Tequired. The OlEanis&tioii has a iiumber of principal soiir¢&% of funding, as outlined iii the accounls. The iii)slees are keen to hold a portfolio of funders, rdiher Ihan build dependency on one or two, in order lo reduce the Kisk to the orgaiiisation's existeiice should a fuiider withdraw or fail to renew ils support. The v8sI majority of ihe funding Ihal the organisalion I'eceives is of a shorl-lenn naturc, Sometimes for pn)jecls laslillg l¢&s than six iiionths. pmvidiiig little long-tei'm security foi. the staff tcam. Bedford I10ugh Council and Central Bedfordshiro Council continued lo provide essential support to allow Ihe orgaihisalion to offer 1)dIng advice, developmeiil support and provide 80me prese1)Ial10n for the sector al key meetings. The Harpiir Trust's on-going support in piovidiiig a fiill-repairing peppeKoni lease foi. 43 Bromliam Road is ciiicial to the orgai)isation's financial sitiOn. and during the past yeai- the Trnst once agaiii agreed to illatch-nd (lie awai'd fiom Bedford BoiK)ugh Council, providing significant additional resources for CVS. Lulon Rising (London LLilon Al01t Lid) fiinding relating lo C.VS's work in Lutoij (via Bedfordshire and Lutoi) Community foiindation) has now become a significant ¢lemenl of Ihe organisalion's income. CVS acts as the accountable body for a BIG iAJ¢al partnership in 11)e KiiigsbtT)ok ai)d Cauldwell a of Bedford. Flinding relating to the BIG Local iniliaiive has bttn reIVed from the BIG Lottery Fund and subsequently BIG L£)cal Tnist and lield undei. restricted fuiids. CVS As also the a¢¢ountable body for IIK Bedford Hoineless Paitnership. Funding raised by the Partnership and Soiipfest is given to tl)e Pailnership lo distribute in sm411 grants. Botli ndS are tIEated as tricted funds. CVS also acts as Ilie accountsble body for the Voluntary Organisations Consortium for Children, Young People and Famili¢s {VOCypfj. Funds from the two local aulknritie5 are held on behalfof VOC under restricted funds, riinding foi" Bedfordshirg Advice For a1 Luton Hoineless Partnership atr also held as rtrIcted fiinds. Page 7
COMMiTrUTY VOLUNTARY SERVICE BEDFORDSHtRE REI PORT of4 THE TRUSTEES FOR THE YEI AR ENDED 31 March 2024 FINANCIAL REVIEW Resoiwes policy The CVS reserves policy includes provision for holding a long-lemi. full-wiring le for 43 Bromham Road. and is kept under review on an annual basts. Ai the year end. Iinirstricted reservtq amowited 10 £312,720 (2023 - £331,427). These reserves 'C designated as detailed below and in note 10 ofthe accounts. Genei'AI Purpose Reserves The tteeS have set a level equivalejil to two Jnonlhs of full opernling costs for the organisalion as a desired level of reserv¢. Tliis 1]d is 8 contingency in the event of a slidden reduction in income, in order lo piDtect the future opei'ation of thc oi'Eanisation froni the cffccts of any ullforeseen variation in its incoine aiid expenditur¢. It also provides a ¢ash flow for grants and conlii)cls that are paid in amrs, DesignAted Reserves The Iivslees have designated reseryes where there a planned 1MitMents tliai Trnot be met by anticipated fvtui'e income alone. Tliese re5ervcs bmken down into a i)umber of funds iliat mainly relale lo., Tlie organisation's re5poiisibilities as an employer lo l¥)Id sutTici¢nt fijnds lo ptY)vAde proper notice aiid redundancy costs in the event of closure Tlie oiEanisalion's reswnsibilities as a lenant. Wllilst CVS pays A peppercorn rent for use of 43 Broinham Road ut)lil 2032, CVS also lias fLIII-repairing responsibilitiQ8 until 2032. during which period the biiildiiig will requii'e Inajoi. i'efurbislunenl and repair. It is tlie trustees, iiitention lo build a capital iinpwvement fund over the next few years to ineet fLlture repair and rcfitrbishment commitments The organisation's res}nsIbl11tLeS as a head landlord. le&8ing oifices to other charitie5 and voluiilary otEwiisations at 43 Bminhain Road. In Ilie event of ¢losure or near closu flind5 are held (o keep the building running for twelve Inonlhs until othth. RtrAngemenls can be made and the lease surreiidered The iEserv¢s policy and the levels of reserves requlred are reviewed yearly as parl of the ailliual budgetary proce. srRucfuRE, GOVE4 RNANCfi AIYD MANAGEiIIENr Govtrning doeuinent Community Volunltry Service Bdfordshire was established ullder Memornndum and Articles of Association on 30th October 2001. The Meinorandum and Articles of Associati{ were amended on 15th June 2006 8nd 25th June 2016 diie to iiaine ¢hanges. Th¢ 011S8t10ft is registed as a Cliarity wilh the Charity Cominission {IEgislered ch'Ity iiumber 1091423) and as a Company Limited by Gu&rnnlee willi Coinpanies House (regiSted company numb¢r 04312967). Reci'iiltinellt And appolntment of new t1115tees The tti]stees of the oi'ganisatioii are either connected with IOLZI volunlary Oanisatio1 in a paid, voluntary or trustee capacity, andlor they provide ihe organisalion wilh specialist kiiowledge and skills relati1 to accountin& legal issues. human resouK¢s, lo¢al government or similar. The ganisatIon actively seeks local people with all interest in and connection with th¢ local voluThtaiy and wmmunity sector to become a tnistee throughoiit tlie year. The trustees have the w)wer to Co-opt new trustees tliffTrugliout the year. Bedford BoiDugh Council and C¢rk1171 Br0rdshIre Col¢11 cach entitled to nominate a noii-voting reptrsetltative trj attend and participate in tnistees, meetings. liiduction aiid tyaining of nciy trustees Tliei'e is no foi'mal trustee induction pA)grnmme biit ea¢h new tn]slee undeoeS a hr-daY induction session to brief them on the structure and operation of the organisation. to provide with and explain key documenls and policies, to meet key staff and to discuss any IraiDing requininents. Page 8
COMMUNrrY VOLUNTARY SERVICK BEDFORDSHIRE REPORT ofi TIIE TRUSTEES FOR THK YEAR ENDED 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Wider netsvoi'k The organisalion works Closely with a number of olher Gharilies in BedfOrdshI We ¢ontinue lo woE& closely with Community Action Milton Keyn&8, supporting the sector to engage with the llllegraled Care System (ICS) that covers both our respecltve atTas of benefit. Conimunity Action Milton Keynes hosts a Partnership Officer on behalf of both organisations to improve the vollintary sectorfs voice within ihe ICS. Risli Inanfigemeiit The financi(?I risks lo tlie OlEaiiisation are consldercd by tlie ITuslees and the Chief Officer on a r¢gular basis thtvugh sh'enuous budgeting and regular mlageMent accounts. The trustees have considered the risks faced by the chai'ity and have taken steps to mitigate those I'isks. A key wmponent of this is the wrves tK]li¢y which was ¢xtensively review last yea1., aiid continues to provide a sensible plarforn) for all fInaiicial planiiing for the organisation. The Finance and Preinises sub-CA)mmitte4 meeting * least quarteAy, provides addilional oveisight aiid scrnliny lo I'he finances of the orgaiiisation, especially r¢gardffiii8 the le of 43 Brojnham Road and lh¢ a&soci8ted costs of rLinnllig a buildii)g. Wltli i'egards to the non-financial risks, a detailed l)calth and safety policy is in place with a nominated lead, and a strong business conlinuity plar] exists shoiild it be nccu5ary. Key staff also undertake relevant traiiling iElalAng to fwst aid and fire safely as i'equired. REFERENCE AND ADMtNisfRATtVE DETAILS Registcird Compnny nunibei. 04312967 (England and Wales) Reglstei'ed Charity number 1091423 Registered office 43 Bromhain Road Bedford Bedfoi'dshire MK40 2AA Ti'ustee5 Mrs P Olney Ms A Nevinsojk B Shah A Si)urrell M Young CompAny SecretAry Ms A Neviiison Independent Examiner GeId Bygraves GB Accounting Solutions Limited Buildtng 115 Bedford Tec])nology Park Thui-leigh Bedford Bedfoi'dshii'e MK44 2YA Approved by order of the board of trnstees (N) ............................................. and signed on ils behalf by: Page 9
COMMiNITY VOLUNTARY SERVICE BEDFORDSIIIRK REI PORT OF THE TRUSTKES FOR THE YE21R ENDED 31 March 2024 A SpurtEI rus ee Page 10
INDEPENDENT EXAIKINER'S REPORT TO THEI TRusfEES OF COMMUP41TY VOLUNTARY SERVICE BEDFORDSHIRE Independent exainiller's IEport to the trustees of Community Voluntary Servite Bedfordshire ('the Compwny,) l i'eport to the charity trustees on my examination of the accounts ofthe Company for the year ended 3 I March 2024. Respoiisibilities And basis of report As ihe Charity's trustees of tbe Company (and also its directors for the purSeS of company law) yoii are responsible for the ppatiOn of tbe accounts in accordance wlib the requirements of the Coinpanies Act 2006 (Ihe 2006 ACV). Haviiig satisfIed myself ihal th¢ a¢¢ounts of ihe Company are not required to be audited under P.1 16 of tbe 2006 Act and are eligible for independent examination. I report ill tespect of my examination of your charity's accounts as Gairied out under Sectioii 145 of the Chaiilies Act 2011 ('tlie 201 l A¢l'). In carrying out my examination I have frillowed the Du'eclions given by the Charity Commission Uler Section 145(5) (b) of the 2011 ACL Independeiit ex#mincr'5 Statement Siiice your uharity's gnibs incomc exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I qualified to uiidertake Ilie exiiniinalion bause l am a member of the Association of A¢¢ounting Tediiiicians, wliicl) is one of the listed IK)dies. I havc compleled my examination. I confirni that no matte15 bave come to Iny attention in conneclioii with die examination giviiig me c&usC to believe: accounting i'ecoills were not kept in respect of the Company as required by Seclion 386 of ihe 2006 Act. or the accounts do iiol accord with those records. or the a¢coiinls do not coniply with the ac¢ounling requircments of Seclioii 396 of the 2006 Act other than any i'equil.ne1it that ihe accoiinls give a true and fair view which is not a matter considered as part of an independent examinatioii. or Ihe accounts have not been prepared in accordance with the metliods aiid principles of the Statemeiit of Re¢ominended Pra¢tice for accounting and repo]liiig by eharities (applicable lo cliai'ities preparing their accouiils in accordance with the Financial Reporting Stai)d'd applicable in Ihe UK and RepLtbli¢ of tIalld (FRS 102)). I have no ¢onccn)$ and liave come across no other matters in connection witli the cxainiiiation to which attention shoiild be drnwn in Iliis report iii order lo enable a proper understanding of the accounts lo be reaclied. radtr Gernld Bygraves GB Accounting Solirtigns Liinited Building 115 Bedfoid Technology Park Tliui'leigh Bedford Bedfoi'dshire MK44 2YA Date: ,.,.,... Pagell
CoMfvIu VOLuNfARY SERVICE BEDFORDSHIRE STATEMFNT OF FINANCIAL AcfIviTIES FOR TIIE YEAR ENDED 31 March 2024 31.3.24 Total funds 31.3.23 Total funds utricted funds Restricted funds Noles INCOiVIE AND ENDoWMEfS FROM Doiiations and other InMe 23,266 8011 31,577 12,070 CharitRble Activities voc Central Bedfordshire Council Big Local Bedford Charity LLIKL Bedford Borougli CouncAI 20,000 43,665 148,210 20,000 43,665 148,210 44,750 56,650 45,000 20.000 53,665 86,694 67,750 66,600 45,000 44,750 56,650 45,000 Otliei. activities Inv¢slin¢nl income 92,494 10,700 92.494 10,700 88.530 3,899 'rotHI 216210 271836 493,046 444,208 EXPENDITURE ON Raisiiig ndS 5285 5,285 5285 ChAritAble activities Siipport Costs 229,632 27S002 504,634 446,611 TotHI 234,917 275.002 509,919 451,896 NET INCOMEI(EXPENDI'fuRE) {18,707) 1,834 (16,873) (7,688) RECONCILIATION oft fuNDS Total funds bi'ought fonvard 331,427 53050 385,277 391965 TOTAL FUNDS CARRIED FORWARD 311720 55,684 368,404 385277 The notes foml part of these financial statements Page 12
COMMUNITY VOLUNTARY SERVICC BEDFORDSHIRE BALANCE SHEET 31 March 2024 313.24 Total fuiids 31.3.23 Total rund5 Unresliicted fund5 Restricted funds Notes FIXED ASSEI TS Tangible assets CURRENf ASSETS Debtors Cash al bat and in hand 14,142 344,152 14,142 399,836 26,187 367,514 55,684 358,294 SS,684 413,978 393,701 CREDITORS nounts falling due within one yellr (45,575) (45,575) (8,425) IYEIT CURRENT ASSETS 312,719 55,684 368,403 385,276 TOTAL ASSEI TS LESS CURRENT LIABILITICI S 312,720 368,404 385,277 NET ASSETS 312,720 55,684 368,404 385,277 FUNDS Unresiricled funds Restricted funds io 312,720 SS,684 331,427 53,850 TOTAL FUNDS 36&404 385,277 11ie chtÈritsble company is entitled to exeinption fK)m audit under Section 477 of the Companies Act 2006 for the year ended 31 Maroh 2024. The memb¢r3 have not required the compai)y lo obtsin an audit of its financial statements for the year elided 31 Mai'ch 2024 iii accordance wilh Section 476 of the Companies Act 2(K)6. The trustees acknowledge their respoi)sibililies for (a) ensuring ihat the charitablc company keeps aon11ftg records that coimply with Sections 386 alld 387 of tlie Companies Act 2006 and prepaiing fllJ8ncial statements which give a true and fair view of the state of affairs of the charitable company &8 at the end of cacb financial ye&r 8nd of its surplus or deficit for each financial yea]. in aordanCe willi the Iwull'ements of stions 394 aiid 395 ld wliich othenvise comply willi the requirenients of the Companies Act 2006 Irlaling to financial st*ement4 so fHr as applicable lo Ibe charltable compaiiy, (b) The rK>te5 forni part of these fjnancial statements Page 13 continued...
COlIqM[ VOLUPtrARY SERVICE BEDFORDSHIRE BALANCE SHEET- continued 31 MAI'ch 2024 These flllancial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the sn)all comp}leS regime. The financial latemenls were approved by the Board of Tnjstees and authorised for ISSU¢ . and weTC signed on ils behalf by: on The notes fomi part of these financial statements Page 14
COMMiiNITY VOLUNTARY SERVICE BEDFORDSHIRE NOTES TO THII fi INANCIAL sTATEMEr[s FOR THE YBAR ENDED 31 MArcb 2024 ACCOUNTING POLlCtES Basis of preparing the fJnaneiaR statements The financial statements of the charitable coinpany, which is a public benefit entity under FRS 102, have becn pr¢ptti'ed in accordance wilh the Cliarities SORP (I".RS 102) 'Accounting and Reporting by Charities: Stateine17t of Recomniei)ded Practice appli¢able to charities preparing their aceoullts in aceordaiice with the rtiiiancial Repoiting Slandard applicable in Ihe UK and Republi¢ of Irclat)d (FRS 102) (effective l Januaiy 2019),. Financial Reporting Standard 102 The Finaiicial Reporting Standard applictJbl¢ in the UIC aiid Republic of Irelond, and tb¢ Companies Act 2006. The fthancial statements have been prepared undcr the l)istotic&l cost convenlion. Income All inconie is recognised in Ilie Sialement of Finan¢ial A¢livilies once the charity has enlitlen7ent to the funds, it IS PIDbable that the income will be received and tlie amount can be measured rL.lidbly. Expenditiii'e LiabililiLs are recognised as expendlff as soon as theit is a l¢801 or consttiictive obligation cominilling the charity to that expendittire, it is babIe that a trniisfer of e)noMIC ben¢fits will be i'equired in settlemenl aiid thc ainounl of the obligalioii cati be measured reliably. Expenditure is accouiited for on ali accruals b&sis and has been classified linder lieadings ihal aggregate all cost related lo the category, WheiE costs caniiol be diiECtIy allribiiled 10 particular headings tl)ey have been allocatcd to activities on a b$ cot)sistent will) Ihe LIS¢ of soul'c. Tangible fixed Assets Dei)re¢iatioii is provided al the following annual rates in order lo write off each asset ova. its estimated usefiil life. Fixtures and fitllligs 200/0 on cosl "rAx%tion The charity is ex¢mpi from corpotation tay on its charilable aclivilies. riund aetounting Unrestricted funds can be used in accordance with ihe charitable objectives at the discn*ion ofthe trustees. Restricted fiinds can only be iised for parti¢ular restricted puryjoses within tlie objects of the charity, Restridions rise when specified by the donor or when funds are raised for particular r¢stri¢led puiTroses. Further explanation of the nature and purpose of each fund is iiicluded in the iiotes to the financial statements. OTHLR AcfiviTIES 31J.24 TotRI funds 31,3.23 'rotal fuiid5 Uiire5tricted funds Restricted funds Office and ineeting mom hire 92,494 92,494 88,530 Page 15 continue(L..
Co1 VOLuNfARY SERVICE BEDFORDSHIRE NOTES TO THE FINIiNCIAL STATEIMENTS- continued rtOR THE YEAR ENDED 31 Marcli 2024 INVTSTMKNf INCOME 31.3.24 Total funds 31.3.23 Total funds Unrestricted funds Restricted funds Deposit account InteSt 10,700 10,700 3,899 TRUSTEI S, REfvtUNE, RATION AND BENLI FITS There were no trustees, remunerdlion or olher benefits for the y¢ar ended 31 March 2024 nor foi. the year ended 31 Marcb 2023. Ti'us¢ees' expenses There were no Inistees, eXnseS paid for the year ended 31 March 2024 iior for ihe year ended 31 March 2023. STAFF cosrs The average monthly number of employees during tlie year WAS &8 follows: 31.3.24 31.3.23 Adiniiiislration Suppoit io No employees received emoluments in excess of£60,0(M). COMPARATIVEI S FOR THE sfATEMENf OF FINANCtAL AcfiviTIEI S Unrestricted funds Restricted funds Total fiinds INCOMI AND II NDOWMEIYTS FROM Donalion5 and oth¢r income 2,623 9,447 12,070 Cl)aritMbl¢ activities voc Cenlral Bedforylshir¢ Council Big Local Bedford Charity LLAL Bedford Borough Coiin¢il 20,000 53,665 86,694 20,000 53,665 86,694 67,750 66,600 45,000 67.750 66,600 45,000 Olhey activitie5 Investment inconie 88,530 3,899 88,530 3,899 207,802 236,406 444,208 EXPENDITURE¢ OT4 Rftising funds 5285 5,285 Page 16 continued...
COMMUNITY VOLUNfARY SERVICE BEDFORDSHIRE NOTLS TO THE FtNANCIAL STATEMEI NTS- colltinued FOR TH£ YEAR KIYDED 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrIvrrIEs- Continued Unrestricted Restricted flittds funds Total flinds CharitRble activities Support costs 196.383 250,228 446,611 Tot41 201,668 250.228 451.896 F4KT INCOMEI(EXPENDrruRE) 6,134 (13,822) (7,688) RECONCILIATION OF fi UNDS Total funds brought fotward 325,293 67,672 392,965 TOTAL FUNDS CARRIED FORWARD 331,427 53.850 385,277 TANGIBLE FIXED A&SETS Fixtui'es aiid rjiiings cosr At l April 2023 and 31 MarGlI 2024 7,485 DEPRECIATION Al l April 2023 and 31 March 2024 7,484 NET BOOK VALUE Al 31 Mairh 2024 At 31 March 2023 DEBTORS: AMouNfs FALLtNG DUE wrrHIN ONE YEAR 31,3.24 31.323 Trad¢ debtors Prepayments 13,176 966 25,221 966 14,142 26,187 Page 17 continued...
COMMUNITY VOLUNTARY SERVICE BEDFORDSHIRE NOTES TO THE, FINANCIAL STATEMEKfs_ eontillued FOR THE YEAR ENDED 31 Mareh 2024 CREDrroRS: AMouKfs FALLING DUK WITHIN ONE YEAR 31.3.24 31.3.23 Tde credilot Acciwed eXpenS 42,735 2,840 6,085 2,340 45,575 8,425 io. MOVEMENT IN FUNDS Net movement in funds Transfers behveen runds At 3113124 At 114123 Unrestyicled funds Genci'al fund Desigmaled Fiinds Big Change Lulon Coffee Pot 80307 245.172 5,241 707 (35,617) 69,690 220,172 22,151 707 (15,000) 16,910 331,427 (18,707) 312,720 Restricted funds Big Local voc Bedfordshirc Advice Forum Central Bedfordsliire Council LLAL Bedford Hoiiieless BBO Storage 5J40 23J38 1,597 7,684 28.992 {4,084) 222 (7,673) (8,628) (6,787) (208) 34,332 19,254 1,819 (8,628) 6,497 2,399 13284 2,607 53,850 1,834 55,684 TOTAL FUNDS 38S277 (16,873) 368,404 Page 18 continued...
COMIIIUINITY VOLuprrARY SERVICE BEDFORDSHIRE NOTES TO THE FINANCIAL sTATEMEs- conttnued ri OR THE, YEAR ENDED 31 MaTch 2024 io. MOVEMEI NT FitNDS- contillued Net movement in fiinds, incliided in the above are &8 follows: Incoming resoiirces ReSou¢S expended Movement in funds Unrestricted funds Geiicral fLind Big Ch(Iiige Luton 193,540 22,670 (229,157) (5,760) {35,617) 16,910 216210 (234,917) (18,707) Restritlc(I fuiids Big Lo¢al voc Bedfordshire Advice Foruni Central Bedfordshire Council LLAL Bedford Homeless BBO Slorftge 148,210 2U,000 1256 43,665 56.650 7,1155 (119,218) (24,084) (1,034) (51 J38) (65,278) (13,842) {208} 28,992 (4,084) 222 (7,673) (8,628) (6,787) (208) 276,836 (275,002) 1,834 TOTAL fi UNDS 493,046 (509,919) (16,873) CompRI'atives for movement fin fun(ts Net movement in fun&s Al 3113123 At 114r22 Uiirestrieted funds Genei'al fund DesignalLd I'"Iind5 Big Change Lulon Coffee Pot 72,294 245.172 7,120 707 8,013 80,307 245.172 5,241 707 (1,879) 325.293 6,134 331.427 Restriet¢d fund5 Big Local voc BedfoTdshire Advice ForLlln Central Bedfrirdsliire Council Homelcss Partnership Bedford Jlomele5S BBO Stora8¢ 33.079 20,715 2.032 (27.739) 2,623 (435) 7,684 (857) 5,108 (206) 5,340 23,338 1,597 7,684 857 8,176 2,813 13284 2.607 67,672 (13,822) 53.850 TOTAL FUIYDS 391965 (7.688) 385,277 Page 19 continued...
COMMUNITY VOLUNTARY SERVICE BEDFORDSHIRE NOTES TO THE FINANCIAL STATEMEKfs- continued FOR THE YEAR ENDED 31 March 2024 io. MOVEMENT IN FUNDS- continued Comparative net movement in nds, tlded in ihe above are as follows: oming iOUrCeS Resoui'ces expended Movement in funds Uiii'estricted funds Geiiei'al flind Big Change Liiton 205,603 2,199 (197,590) (4,078) 8,013 (1,879) 207.8112 (201.668) 6.134 Restricted fuiids Big Local voc Bedfordshire Advice Fornm Cenli'al Iledfordshire Council LLAL Honieless Partnership Bedfoi'd Honiel BBO Storage 86,694 20,000 1.370 53,665 66.600 (114,433) (17,377) {1,805) (45.981) (66,600) (857) (2,969) (206) (27,739) 2,623 (435) 7,684 {857) 5,108 (206) 8,077 236,406 (250.228) (13,822) ID'rAL FUNDS 444,208 (451,896) (7,688) A curjrnt year12 inontlis and prior year12 months combined position is as follows: Net movement in funds Transfers between fiiiids At 3113124 At 114r22 Uni'e5trictcd funds Gei)ei'al fund Desigiialed Funds Big Change Luton Coffee Pot 72,294 245,172 7,120 707 (27,604) 25,000 (25,000) 69,690 220,172 22,151 707 15,031 325293 (12,573) 312,720 Restricted fuiid5 Big Local voc Bedfordshire Advice Forum Central Bedfoi'dsliire Coun¢il 33.079 20,715 2,032 1,253 (1.461) (213) 34,332 19.254 1,819 li {8,628) (8,628) (857) (1.679) (414) Homeless Partnership Bedford J4omeless BBO Stornge 857 8.176 2,813 6.497 2,399 67,672 (11.988) 55.684 TO'fAL FUNDS 392,965 (24.561) 368,404 Page 20 c0ntiliu...
COMItr[ VOLuwfARY SERVICE BEDFORDSHIRE NOTII S TO THE FINANCIAL STATEMENfs - continued rtOR THE YEAR ENDED 3] March 2024 io. MOVEMENT tN FUNDS- colltinued A Cu¢llt year 12 inonths and prior year 12 months combined net movement in fullds. included itl tILe above are as follows.. Inwming IESOLirccs ResOu¢S expended Moveinent in fitnds Uiirestrieted funds Gener&1 fund Big Chai]ge Luton 399.143 24,869 (426,747) (9.838) (27,604) 15,031 424,012 {436,585) (12,573) Restricted funds Big Local voc Bedfordsliire Advice Forum Central Bedfordshire Coiincil LLAL Homeless Partncrship Bedford l-lomeless BBO Sioimge 234,904 40,000 2.626 97,330 123.250 (233,651) (41,461) (2,839) (97,319) (131.878) (857) (16,811) (414) .253 (1,461) (213) (8.628) (857) (1,679) (414) 15,132 513.242 (525,230) (11,988) TOTAL FUNDS 937.254 (961.815) (24,561) TrAI)sfei' betiyeen funds Openlng BRIAiiet 47,000 95,000 10,000 Additional Resources Released Resources Closing Balanee 47,000 95,000 10,000 DesignAted Funds Salaries Reseivc Redundaiicy Reserve Pj'emises Reseive- General Pi'emises Reserve- Capital Improvements Asset Replacement 83,172 i 0,000 25,000 58,172 10,000 Total 24.S,172 25,0 220,172 G¢n¢rnl Purpose Fund., Funds to provide e#sh Iloiy and meet unfores¢en expenses. B&scd oil approximately three molltlis of #nnuAI turnover. DesiEllllted Funds: Salaries Rcserve Reduiidancy Reserve Yo molltlis 8alArios nnd employers Nl contributions RedundaEiCy liabilities oiid rcquircd notice period based on stRtutoiy tn1iilmu payInltS foi" all staff 12 months rllnning costs for 43 Bromh4m Road in the event of closui'e to provide security for existing users And fuifll lease obligAtiotts Funds to maintAilI, repAir and improve 43 BromhAm Road AS a result of liolding a full-repaiiing Icase Provision to Jiplace IT and furniture as required Premises Reserye~ Generdl PremÈses Reserve- Capithl Asset Replacement Page21 continued...
co1)Ty VOLUPUARY SERVICE BEDFORDSHIRE NOTES TO THE FINANCIAL STATEMEKfs- continued FOR TIIE YEAR ENDED 31 March 2024 ii. RELATED PARTY DISCLOSURFS Th¢r¢ w¢rn llo related paty trao8a¢lions forthe year ended 31 Mah 2024. Page 22
COMMUNJTY VOLUNTARY SERVICE BEDFORDSIIIRE DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 March 2024 31.3.24 31.3,23 INCOME AND ENDOWMENTS Donations and oth¢J' income Siibsci'iplions Other income 1,256 30J21 1,370 10,700 31577 12.070 OÉhei' ACtivAties Office and meeting room htre 92A94 88,530 Investment income Deposil a¢¢oiint interest 10,700 3,899 Charitable Rclivitie8 Grants 358,275 339,709 TotAI incoming reSoUe8 493,046 444,208 EXPEt NDITURE Rgislng doiiAtlons Aiid legAeies Wages 5,285 5,285 ChAritable activities Wage5 Rent, i'ales and servi$ liisurance oiri¢¢ Costs Advertising ai)d piDmolioi)s Siiiidi'ies Sp¢Gifi¢ pi'ojects Travel Tixining and events Legal and professional fees Refcrcncc malci'ials and subscriptiorL8 Repaii's aiid renewals Coinputer costs 309,525 20,72S 1,423 24,141 1,669 301,664 12,571 2,465 29,573 2,666 118 68,318 1,279 1,222 1,800 285 13,107 8,923 92,296 3.475 4,555 340 38,284 4,484 -$02?23 443,991 Suppo1* cost5 Finance Bank charg&8 71 81 This page Lkns ?t forni part of the statutory finallcial statements Page 23
COMMUNITY VOLtINrARY SERVICE BEDFORDSHIR DKTAILED STATEMENT OF FINANCLiL ACTIVITIFS FOR YEikR Lf4DED 31 March 2024 313.24 31.3.23 Finance Govei'nane¢ costs Accountancy and legal f 2J40 2.539 Total resources expended 509.919 45 1,896 Net expenditure (16073) (7,688) This page does wt form part of the statutory financial statements Page 24