Company registration number: 04379873 Charity registration number: 1091495
## Eastwood Volunteer Bureau
(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
## **Eastwood Volunteer Bureau**
## **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|9|
|Notes to the Financial Statements|10 to 18|
## **Eastwood Volunteer Bureau**
## **Reference and Administrative Details**
**Trustees** Tony Harper, Chair David Bagshaw Dawn Booth Michael Panter Douglas Wilcockson **Senior Management Team** Susan Bagshaw, Bureau Manager, until 30/06/23 **Charity Registration Number** 1091495 **Company Registration Number** 04379873 **Registered Office** Wellington Place Eastwood Nottinghamshire NG16 3GB **Independent Examiner** John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
## **Eastwood Volunteer Bureau**
## **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: Tony Harper, Chair David Bagshaw Dawn Booth Michael Panter
Douglas Wilcockson (appointed 2 March 2023)
## **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 22 February 2002. 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**_
Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the memorandum and articles of association. Day to day project activity is managed by the Bureau Manager and Project Co-ordinators.
## **Objectives and activities**
## _**Objects and aims**_
(a) To provide charitable transport facilities in North Broxtowe* for people who cannot use public transport because they are elderly, poor or disabled;
(b) The promotion of social inclusion in North Broxtowe amongst elderly or disabled, who are excluded or isolated from society because of age or infirmity;
(c) The relief of poverty in North Broxtowe by the provision of a Food Bank;
(d) To provide other charitable services from time to time as the trustees see fit;
(e) To recruit and support the work of volunteers to carry out these services.
* (North Broxtowe includes Awsworth, Brinsley, Cossall, Eastwood, Kimberley, Newthorpe, Nuthall, Watnall and surrounding areas.)
Page 2
## **Eastwood Volunteer Bureau**
## **Trustees Report**
## _**Public benefit**_
Our aims are met by 3 core schemes:
1. Community Transport Scheme;
2. Be-A-Friend Scheme;
3. Food Parcel distribution scheme.
The Community Transport scheme continues to grow and we currently have 378 clients registered as at the end of March 2022, a decrease of 18 on last year's numbers. This remains a very valued service for the community which provides affordable transport for the elderly and those unable to use public transport. At the end of this year we had a total of 5 volunteer drivers, the drop in numbers being as a result of the Covid pandemic.
Our Be-A-Friending Scheme continues to grow and at the end of the financial year we had 12 volunteers visiting 13 clients. This important service arranges for volunteers to visit the isolated amd lonely in the local community.
The Food Bank which is now open every Friday, continues to grow supplying up to 100 parcels each week.
We continue to support organisations like VAB (Voluntary Action Broxtowe), BWP (Broxtowe Womens Project), Sheila Gibson Unit, Eastwood Womens Group, Eastwood Mental Health Group, Framework & CGL (Change Grow Live ).
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.
## **Financial review**
## _**Policy on reserves**_
Our reserves' policy includes:
In line with good current practice in the event of closure, the Eastwood Volunteer Bureau will aim to hold sufficient reserves to:
1. Honour its liabilities to staff, suppliers and other organisations;
2. Have sufficient funds to continue normal operations.
Reserves Estimate as at 31/03/2023 a. Closure costs: Redundancy £5,850 Notice costs £1,127 Unpaid salary costs £520 Residual holiday (Ave 1 week) £260
b. Contracts: Photocopier £2,931
c. Operating cash flow £13,000
TOTAL £23,688
## _**Principal risks and uncertainties**_
_Funding of our schemes_
The funding of our schemes continues to be a cause for concern as we are dependent on charitable funding.
Page 3
## **Eastwood Volunteer Bureau**
## **Trustees Report**
## **Achievements and performance**
Our long-standing manager has now retired, and we are setting up a new management team from our current workforce who are very experienced in their duties. We are also currently recruiting a new Befriending Co-ordinator and Transport Co-ordinator. The Be-friending scheme which has accreditation from the ‘National Council for Voluntary Organisations, Mentoring and Befriending Foundation’ continues to pick up after being dormant during the pandemic.
The Transport Scheme has also now improved since the Covid situation and is now expanding.
Although the furniture recycling scheme was discontinued, the bureau continues to keep small electrical items, bedding, another household items to give out to needy clients.
The Food Bank continues to be very busy and we distribute over 400 parcels a month and has shown a massive increase on the past few years. In the present financial climate, we believe this can only get busier as so many people are struggling to feed themselves and their families, we continue to provide a vital service to our community. This increased demand has put an enormous strain on finances of the food bank as donations cannot cover the food required and our previous large stock is now getting depleted. Fortunately, we have been supported by many small charities and local supermarkets who have been extremely generous with their donations of food.
We still have the use of storage room at a fire station and a storage container, situated next to the bureau, although we are trying to centralise all of the food within the curtilage of Eastwood Volunteer Bureau premises.
During the last year, we have tried to increase our income from room rental. This is now showing some good results.
All involved in Eastwood Volunteer Bureau are committed and passionate about the work of the bureau. We believe that we have the responsibility to run all of our schemes with efficiency whilst keeping a careful eye on the most common economic use of our limited resources.
Page 4
## **Eastwood Volunteer Bureau**
## **Trustees Report**
## **Statement of Responsibilities**
The trustees (who are also the directors of Eastwood Volunteer Bureau 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:
- 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 accounting standards, comprising FRS 102 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 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 .................... and signed on its behalf by:
......................................... Tony Harper Trustee
Page 5
## **Eastwood Volunteer Bureau**
## **Independent Examiner's Report to the trustees of Eastwood Volunteer Bureau ('the Company')**
## **Independent examiner’s report to the trustees of Eastwood Volunteer Bureau ('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
Date:.............................
Page 6
## **Eastwood Volunteer Bureau**
## **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
4
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**£**
18,681
30,045
209
48,935
(47,883)
(47,883)
1,052
(658)
394
55,775
56,169|**Restricted**
**£**
-
5,000
-
5,000
(5,658)
(5,658)
(658)
658
-
-
-|**Total**
**2023**
**£**
18,681
35,045
209
53,935
(53,541)
(53,541)
394
-
394
55,775
56,169|**Total**
**2022**
**£**
50,204
14,998
4|
|---|---|---|---|---|
|||||65,206|
|||||(49,006)|
|||||(49,006)|
|||||16,200
-|
|||||16,200
39,575|
|||||55,775|
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 19.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 7
## **Eastwood Volunteer Bureau**
## **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
4
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**funds**
**£**
50,204
14,998
4
65,206
(49,006)
(49,006)
16,200
16,200
39,575
55,775|**Total**
**2022**
**£**
50,204
14,998
4|
|---|---|---|
|||65,206|
|||(49,006)|
|||(49,006)|
|||16,200|
|||16,200
39,575|
|||55,775|
The notes on pages 10 to 18 form an integral part of these financial statements. Page 8
## **Eastwood Volunteer Bureau**
## **(Registration number: 04379873) Balance Sheet as at 31 March 2023**
|**Note**
**Current assets**
Debtors
12
Cash at bank and in hand
13
**Creditors: Amounts falling due within one year**
14
**Net assets**
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
19|**2023**
**£**
1,169
56,008
57,177
(1,008)
56,169
56,169
56,169|**2022**
**£**
1,408
55,507|
|---|---|---|
|||56,915
(1,140)|
|||55,775|
|||55,775|
|||55,775|
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:
- 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 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 7 to 18 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Tony Harper Trustee
The notes on pages 10 to 18 form an integral part of these financial statements. Page 9
## **Eastwood Volunteer Bureau**
## **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**
Eastwood Volunteer Bureau 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 10
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **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.
## **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** Computer equipment 33.3% 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.
## **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.
Page 11
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **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|**Unrestricted**
**funds**
**General**
**£**
16,576
2,105
18,681|**Total**
**2023**
**£**
16,576
2,105
18,681|**Total**
**2022**
**£**
10,900
39,304|
|---|---|---|---|
||||50,204|
## **3 Income from charitable activities**
|**Unrestricted**
**funds**
**General**
**£**
Grants
-
Booking fees
1,392
Passenger fares
1,486
Fundraising
382
Photocopying
6
Rental income
26,779
Transport reimbursement
-
30,045
**4**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Restricted**
**funds**
**£**
5,000
-
-
-
-
-
-
5,000
**Unrestricted**
**funds**
**General**
**£**
209|**Total**
**2023**
**£**
5,000
1,392
1,486
382
6
26,779
-
35,045
**Total**
**2023**
**£**
209|**Total**
**2022**
**£**
-
533
1,083
12
2
12,991
377|
|---|---|---|---|
||||14,998|
||||**Total**
**2022**
**£**
4|
Page 12
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **5 Grants & donations**
|**5**
**Grants & donations**||||
|---|---|---|---|
|Nottinghamshire County Council
Sundry grants & donations
Eastwood Town Council
The Julia and Hans Rausing Trust
The Thomas Farr Charity
Charities Aid Foundation|**Unrestricted**
**funds**
**£**
1,605
10,498
500
3,660
-
2,418
18,681|**Restricted**
**funds**
**£**
-
-
-
-
5,000
-
5,000|**Total**
**£**
1,605
10,498
500
3,660
5,000
2,418|
||||23,681|
## **6 Expenditure on charitable activities**
|Accountancy & professional fees
Bank charges
Bad debts
Computer support & equipment
Driver expenses
Equipment, repairs & renewals
DBS checks
Fundraising
Hospitality & refreshments
Food supplies
Insurance
Postage & telephone
Printing & stationery
Rent & services
Subscriptions & affiliation
Sundry expenditure
Travel & subsistence
Volunteer expenses
Wages, NI & pension|**Unrestricted**
**funds**
**General**
**£**
1,768
98
-
1,102
1,752
762
23
129
80
2,715
1,365
987
1,931
9,089
333
289
50
-
25,410
47,883|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
219
5,439
5,658|**Total**
**2023**
**£**
1,768
98
-
1,102
1,752
762
23
129
80
2,715
1,365
987
1,931
9,089
333
289
50
219
30,849
53,541|**Total**
**2022**
**£**
1,646
18
1,338
1,151
1,317
659
161
-
19
566
850
513
1,849
10,539
132
-
31
70
28,147|
|---|---|---|---|---|
|||||49,006|
Page 13
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **7 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Pension costs|**2023**
**£**
30,719
130
30,849|**2022**
**£**
27,695
452|
|---|---|---|
|||28,147|
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**
3|**2022**
**No**
3|
|---|---|---|
1 (2022 - 1) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £130 (2022 - £452).
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 £13,520 (2022 - £12,576).
## **8 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **9 Related party transactions**
There were no related party transactions in the year.
## **10 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 14
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **11 Tangible fixed assets**
|**Cost**
At 1 April 2022
At 31 March 2023
**Depreciation**
At 1 April 2022
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022
**12 Debtors**
Trade debtors
Prepayments
Other debtors
**13 Cash and cash equivalents**
Cash on hand
Cash at bank
**14 Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors||**Computer**
**equipment**
**£**
1,385||**Total**
**£**
1,385
1,385
1,385
1,385
-
-
**2022**
**£**
550
311
547|
|---|---|---|---|---|
|||1,385|||
|||1,385|||
|||1,385|||
|||-|||
|||-|||
|||**2023**
**£**
301
358
510
1,169
**2023**
**£**
1,285
54,723
56,008
**2023**
**£**
-
1,008
1,008|||
|||||1,408|
|||||**2022**
**£**
165
55,342|
|||||55,507|
|||||**2022**
**£**
180
960|
|||||1,140|
Page 15
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **15 Obligations under leases and hire purchase contracts**
## **Operating lease commitments**
Total future minimum lease payments under non-cancellable operating leases are as follows:
|**Photocopier**
Within one year
Between one and five years|**2023**
**£**
1,675
1,256
2,931|**2022**
**£**
1,675
2,931|
|---|---|---|
|||4,606|
## **16 Commitments**
## **Capital commitments**
A lease has been signed for rental of the premises. The premises are leased from Nottinghamshire County Council at £2,157 p.a. to 12/07/2023.
The total amount contracted for but not provided in the financial statements was £539 (2022 - £2,157).
## **17 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.
## **18 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**
**£**
800
480
1,280|**2022**
**£**
760
556|
|---|---|---|
|||1,316|
Page 16
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **19 Funds**
|**Unrestricted funds**
**_General_**
General fund
**_Other_**
Transport
**Total unrestricted funds**
**Restricted funds**
Be-A-Friend Co-ordinator
**Total funds**
**Unrestricted funds**
**_General_**
General fund
**_Other_**
Transport
**Total funds**|**Balance at 1**
**April 2022**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Transfers**
**£**
**Balance at**
**31 March**
**2023**
**£**
45,425
46,043
(42,079)
(658)
48,731
10,350
2,892
(5,804)
-
7,438
10,350
2,892
(5,804)
-
7,438
55,775
48,935
(47,883)
(658)
56,169
-
5,000
(5,658)
658
-
55,775
53,935
(53,541)
-
56,169
**Balance at 1**
**April 2021**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 31**
**March 2022**
**£**
32,947
54,269
(41,791)
45,425
6,628
10,937
(7,215)
10,350
6,628
10,937
(7,215)
10,350
39,575
65,206
(49,006)
55,775|**Balance at 1**
**April 2022**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Transfers**
**£**
**Balance at**
**31 March**
**2023**
**£**
45,425
46,043
(42,079)
(658)
48,731
10,350
2,892
(5,804)
-
7,438
10,350
2,892
(5,804)
-
7,438
55,775
48,935
(47,883)
(658)
56,169
-
5,000
(5,658)
658
-
55,775
53,935
(53,541)
-
56,169
**Balance at 1**
**April 2021**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 31**
**March 2022**
**£**
32,947
54,269
(41,791)
45,425
6,628
10,937
(7,215)
10,350
6,628
10,937
(7,215)
10,350
39,575
65,206
(49,006)
55,775|**Balance at**
**31 March**
**2023**
**£**
48,731
7,438|
|---|---|---|---|
||||7,438|
||||56,169
-|
||||56,169|
|||||
|||10,350||
|||55,775||
The specific purposes for which the funds are to be applied are as follows: Transport - scheme that provides affordable transport for the elderly and those unable to use public transport. Be-A-Friend Scheme arranges for volunteers to visit the isolated and lonely in the local community.
The transfer from the General fund to the Be-A-Friend Co-ordinator fund is to cover the deficit on this activity.
Page 17
## **Eastwood Volunteer Bureau**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **20 Analysis of net assets between funds**
## **Unrestricted**
||**Unrestricted**||
|---|---|---|
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**General**
**£**
57,177
(1,008)
56,169
**Unrestricted**
**General**
**£**
56,915
(1,140)
55,775|**2023**
**Total funds**
**£**
57,177
(1,008)|
|||56,169|
|||**2022**
**Total funds**
**£**
56,915
(1,140)|
|||55,775|
Page 18