REGISTERED COMPANY NUMBER: 04405173 (England and Wales) REGISTERED CHARITY NUMBER: 1092661
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
Vida Sheffield
C J Woodhead & Co Ltd 158 Hemper Lane Greenhill Sheffield South Yorkshire S8 7FE
Vida ShefField Contents ofthe Financial Statements for the Year Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Flnancial Activltles Balance Sheet 10 to 11 Notes to the Flnancial Statements 12 to 18 Oetailed Ststement of Flnanclal Activities 19
Vida Sheffield Report of the Trustees for the Year Ended 31 March 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Act¢ntIng and Reporting by Charities.. Statement of Recommended Pr3ctlce applicable to charltles preparlng thelr account5 in accordance wlth the Flnancial Reporting Stsndard applicable in the UK ènd Republlc of Ireland IFRS 1021 (effective l January 20191. Vida is a women's organisation with 3 proud 29 year hlstory and a strong reputation in Sheffield. Our work Ss city-wide. and our community of Interest are women and 8lrls, from age 16, whose lives and mental health are affected by thelr experlences of abuse and trauma, In the past we have delivered a range of domestic abuse servlces, but since 2015 we have focused our work. on developing free and life-changing therapeutic services to support the longer term recovery and empowerment ofwomen and girls who have experienced any form of abuse. 08JEcfivES AND AcfiviTIES Objectlves and alms The original objectlves & aims of the charlty were.. To promote for the public benefit, and wlth a view to public protection and. the preservation of order, the provision of services directed towards the prevention of domestic abuse and the relief and support of persons land In particular women and children) who have suffered or are In danger of sufferlng abuse from perpetrators known to them,. to advance the education of voluntary and statutory agencles and the public in all aspects of domestic abuse. its causes. remedies and prevention. Vlslon= [what we want to achieve See Strategic Plan 2021-251 To brin8 hope, recovery and resilience to every woman whose mental health Is affected by abuse. Mls$5on: Ihow we wlll V)Ik to achleve our v151on see Strate8lc Plan 2021-251 Vida will provide gender-sensitlve, trauma-focused therapeutic services to women whose mental health and well- being are affected by past experiences of abuse. Page I
Vida Sheffield Report of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Activities- Vida's day to day artlvlties Include: Eva Therapy Service.. specialist trauma focused and gender sensltlve therapy for women whose mental health is affected by their experiences of abuse and trauma., l-l therapy and Innovative group work programmes, develop ed in response to the lived experiences of surrflvors,. Eva Peer Support Group: a fortnightly Informal support group focused on craft activities and building relationships to help reduce the isolation of women survlvors- longstanding members can also enga8e in thelr Women's Voices service user Involvement group; our Vida website has a self-help page developed with members of Women, s Volces. Online sessions for individual and groups are offered routSneSy as part of the service. Partnershlp worklng and strate8lc influence: Vida are often looked to for a coordinating role Instrate8ic work,. we were lead partner In the Women & Girls Recovery & Empowerment Partnershlp Ifunded by a Blg Lottery Women & Glrls, Inlt5ative grantl,. we are commltted to workin8 wlth partners to share learning and resources. Staff routinely attend the WAVES. VAWG and OACT groups established in the sector for Sheffield and the Yorkshire reglon, Representatives attend from the providers and the statutory sector. Vlda Staff & Volunteers durin8 2023-24 Vlda's staff team consisted of 7 part-time staff [4.8 fulltlme equlvalentsl. The servlce Is managed by the CEO with over 25 years experience in the voluntary sector along wlth the Cllnlcal Manager who Is highly experienced in both prlvate and NHS settings. Ourtherapy service Is supported by an excellent team of 15-20 volunteer therapists and trainee5 on placement. auallfled Associate Therapist Practitioner5 a150 enable the delivery of the service and this can be scaled up or down dependin8 on the funding available. Volunteer work is unpaid, and all volunteers are offered expenses. Vlda Management Commlttee Includes 4 lon8 Standlng Trustees, an additional member, appointed early 2023. had retired as a Senior Mana8er in the NHS Mood Anxiety Post traumatic Stress Psychotherapy Servlce IMAPPS). There is also a service user representation from Women's Voices to ensure Vida's users are properly heard. Vlda Servlce Dellvery 2023124 Benellclarles durin8 the year 2023-24 we worked therapeutlcally wlth close to 265 beneflciarles, of which 210 en8a8ed with our therapy service and 55 with the more informal peer support group, The difference we make.. our Eva Therapy Service clients give us consistently excellent feedback about the life-changing impact of their movement through the seNice pathway, which can take up to a yearwlth waltlng time. The outcomes and feedback from women enga8ln8 In both our peer support 8roup and therapeutlc 8roup-work programmes show that they experience significant improvements In their mental health, self-worth, r elationships and resilience to fvture harm. Page 2
Vida Sheffield Report of the Trustees for the Year Ended 31 March 2024 OBJECtIVES AND AcfiviTIES Tralnln8 & Awareness .' Vida have a strong track record In developlng and delivering specialist trainin8 on Issues related to domestic and sexual abuse, We continue to engage Sn campal8ns to ralse public and professional awareness, and work towards the culture Change needed to reduce future levels of violence against women and girls. The Trustees were very satisfied wlth the performance of the charlty during the year to March 2024, In servlce dellvery. FINANCIAL REVIEW Financial position The accounts have been prepared to comply wlth current statutory requirements, the requirements of the charity's Memorandum & Article5 of Associatlon and the requirements of the Statement of Recommended Practlce: Accountln8 and Reportln8 by Charities. The flnanclal statements have been prepared on the 8olnB concern basls, as the Trustees take steps to reduce costs and maxlmise Income. Services were funded throu8h a number of charltable grants and no Government fundin8 was received durin8 the year. Although some funding opportunities had been advertised throu8h the Home Office for Sulcide Preventlon and Speclalist Servlces for Oomestlc Abuse, the crlterla meant Vida could not apply and In the case of SulcSde Preventlon, were unsuccessful due the fund belng heavSly oversubscrlbed. VSda launched an appeal, therefore, durin8 December and January whlch resulted in a review of the National Lottery Fundin8 ensuring the service would continue for another 12 months and other grant funds were secured. Vida continues to promote the need for specialist services and will continue to focus on the opportunities for fundln8 such services through the Home Offlce, Mlnlstry of Justice and NHS mental health in general. At the si8nin8 of these accounts, the charity has announced that a balanced bud8et for the comin8 year is threatened since there Is no prospect of tendering for commissioned Services as expected and has identified the risk of closure highli8hting risk to current funders and to the statutory agencies. Resewves policv Vld3'5 reserves policy states that the organlsation should malntain resen4es at a level equivalent to months, operatlonal costs and any financial liablllties of the organlsatlon at that time, to brid8e anv fundin8 8ap following a rapid shortfall in the level of funding received. The Trustees have established that from April 2024 the minimum level af reserves that must be retained to meet any financial obligations upon the closure of the Charity, excluding fixed assets, is £30,000. The actual level of reserves at 31st March 2024 was £47,07112023- £120,205). Golng concern The Trustees confirm that the level of the charity's reserves is to meet the minimum for winding up processes. Reserves brouBht forward to 2023124 have been used to support the charitws activities. As there is currently, no prospert of ongoing multi-year funding from key funders the charity has announced its c105ure at the end of March 2025. The only prospect of continuance is to secure significant core funding of circa £120k per year on top of grant appllcation and regular donations. The charity will continue to maintain vigorous cost control and to seek cost reductions where possible. Page 3
Vida Sheffield Report of the Trustees forthe Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Vida is managed by a voluntary Management Committee of Trustees, with paid staff undertaking the work of the organisation and dealing with the day to day administration. The Management Committee meets at least 6 times per annum. Task groups which report to the Management Committee. meet In between as necessary. The Management Committee considers Quarterly Management Accounts, and the Trustees, staff team and service user representatives together agree the forward strategv for the organlsatlon, set out In the Vida Strateglc Plan and risk register, and pollcles and procedures are reviewed In a regular cycle. The charity is controlled by its governing document, a deed of trust, and constitutes a Ilmlted company, Ilmited by guarantee, as defined by the Companies Art 2006. The document is the Memorandum & Artlcles of Assoclation of the charity. Reerultment and appolntment of new trustees All members of the Mana8ement Commlttee are elected each year at the Annual General Meetlng and members may be re-elected or re-appolnted. Posltlons on the Mana8ement Commlttee are advertised externally, and appolnted after Informal interview. Some are reserved for speclflc specialist roles. The Charity must have a minlmum of 3 trustees to be quorate but there are no restrictions upon the maximum number of trustees. Indurtlon and tralnln8 of new trustees The CEO is responsible for the Indurtlon of new Trustees and Identlfvln8 additional tralnln8 needs, In consultatlon with the Chalr of the Mana8ement Commlttee. The indurtion process for new Mana8ement Commlttee members involves the Chalr, or another Committee member appointed by her, ensuring that copies of the documentation listed below Is made available and explained to the new member.. The Memorandum & Articles of Associatlon Supportin8 documentation.. Strate8ic Plan. Pollcles & Procedures etc. Remuneration policy for key management personnel Vida use local and natlonal benchmarking against similar organisations and roles to ensure that salaries for key managers are fair and reflect the level of responsibility they hold. Decisions and Authortty All decisions undertaken by trustees are minuted and they monitor the finance and fundin8 matters through a subcommittee. Operational matters are delegated to staff and extraordinary expendlture of more than £500 is submitted to trustees for approval. Related parties and relationshlps With other organisations There are no related parties. Page 4
Vida Sheffield Report of the Trustees for the Year Ended 31 March 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Rlsk management The Strate8lc Plan and rlsk reglster identify the strategic objectives, structure, actSvities, challenges, resources required and major risks to which the organisation is exposed. The risk register is approved by the Management Committee annually. It is the policy of the charity to maintsin unrestricted funds. which are the free reserves of the charity, at a level that equates to approximately 3 months unrestricted expendlture. This provides sufflclent funds to cover management and adminlstratSon support costs and to respond to emer8ency appllcatSons for grants, should the need arise. Risk assessment and management is undertaken and recorded In relation to specific services delivered and in response to changes in legislation and funding available. The Finance Policy & Procedures outline those authorised to make payments, place order5 and take other actions with financial consequences. During the year to 31 March 2024, all major rlsks were reviewed, assessed and managed. Efforts to secure funding have continued and we wish to express thanks to the followlng for responding to support Vida: The National Lottery Community Fund 'Reaching Communltles, Over 27,000 members of the public that Signed the petition Her Malesty Queen Camilla Louise Haig MP Dame Julie Kenny DBE DL Nicole Jacobs, Domestlc Abuse CommlssSoner Womens Ald The British Association of Counselling & Psychotherapv BBC Radio ITV Calendar The Sheffleld Star REFERENCE AND ADMINISTRATIVE DETAILS Registered Campany number 04405173 {England and Wales) Registered Charlty number 1092661 Registered office Knowle House 4 Norfolk Park Road Sheffield South Yorkshire 52 3QE Page 5
Vida Sheffield Report of the Trustees for the Year Ended 31 March 2024 Tru5tee5 Marilyn Gre8ory - chair Claire Sykes - Treasurer Lucy Rodgers Joanne Jackson Chloe Cheeseman Joe Curran Company secretary Karen Hague MBE Independent Examlner C J Woodhead & Co Ltd 158 Hemper Lane Greenhill Sheffield South Yorkshire S8 7FE 8th November 2024 Approved by order ofthe board oftrustees on..... . and 558ned on Its behalf by: Claire Sykes - Treasurer- rustee Page 6
Independent Examiner's Report tothe Trvstees of Vida Sheffield Independent examiner's report to the trustees of Vida Sheffield I'the Company'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responslbllltles and basls of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Havin8 sat15fled myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are ellgible for Independent examinatlon, I report In respect of my examlnation of your charlty's accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 14515llbl of the 2011 Act. Independent examiner's statement I have completed my examlnation. I conflrm that no matters have come to my attentlon in connection wlth the examination 8ivln8 me cause to belSeve'. accountin8 records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord wlth those records; or the accounts do not comply wlth the accountlnB requSrements of Sectlon 396 of the 2006 Act other than any requlrement that the accounts give a true and fair view which Is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and princlples of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charltles preparing their account5 in accordance with the Flnanclal Reporting Standard appllcable In the UK and Republic of Ireland IFRS 10211. However, the Trustees have noted on pa8e 3 of thelr report, that unle55 multi-year fundin8 can be obtained from key funders, the Charity will be unable to continue and w511 therefore announce it'5 closure. Whilst acknowledging that such funding may still be found. the Trustees currently believe that this is unlikely and therefore the Charity would no longer be a 8oin8 concern. Christopher John Woodhead CJ Woodhead & Co Ltd 158 Hemper Lane Greenhill Sheffield south Yorkshire S87FE Page 7
Vida Sheffield Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestrlcted Restrlcted funds fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 26.470 26,469 21,909 Charltable artlvltles Lloyds Bank Foundation SCC- Supporting People Small Grant5 National Lotterycommunlty Fund 17,589 17.589 32,573 35,000 15,600 108,962 33,000 74,000 33.0(X) 74,0 Investment income 68 86 Totsl 26,538 124,588 151,126 214,130 EXPENDITURE ON Charltsble aclivities Salary Penslons Recruitment Staffing costs Travel Rent, heat, light Telephone EquSpment Depreciation Room Hlre Interpreters Sundry Insurance Postage, Packaging and Stationery Publicity & Copyin8 Subscriptions Accountancy Womens Group Computer software & repairs Staff tralnln8 Volunteer expenses Consultants Project Supervisors (Clinical Supervi5ion} 69,937 9,492 68,493 4,921 14 579 17 11,500 1.510 138,430 14,413 14 755 17 119,171 14,630 99 733 125 17,914 1,918 176 10,000 189 107 21.5 1,699 107 3,816 3.816 4,696 720 611 9,982 1,352 527 2,169 1,250 1,308 5,733 5,389 440 619 22,730 1,283 1.071 27 1.429 1,062 i.oii 656 1,071 3,708 1.429 1,192 1.169 1,096 1,404 3.731 6,562 3,681 130 158 440 3,731 3,380 3,182 iio 367 20,875 795 477 20,875 795 Totsl 97,602 126,658 224,260 213,399 NET INCOME/(EXPENDITURE) 171,064) {2,0701 173,1341 731 The notes fonn part of these financial statements Page 8
Vida Sheffield Statement of Flnancial Activlties forthe Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted fund5 fund Notes RECONCILIATION OF FUNDS Total funds brought fonward 98,366 21.839 120,205 119,474 TOTAL FUNDS CARRIED FORWARD 27,302 19,769 47,071 120,205 The notes form part of these financial statements Page 9
Vida Sheffield Balance Sheet 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestrlcted funds Restricted fund Notes FIXED ASSETS Tangible assets 4,019 4.019 7,835 CURRENT ASSETS Cash at bank and in hand 25,051 19,769 44,820 146.368 CREDITORS Amounts falling due within one year {1,7681 (1,768} 133,9981 NET CURRENT ASSETS 23,283 19,769 43,052 112,370 TOTAL ASSETS LESS CURRENT LIABILITIES 27,302 19,769 47,071 120,205 NEf ASSETS 27,302 19,769 47,071 120.205 FUNDS Unrestricted funds Restricted funds io 27,302 19,769 98,366 21.839 TOTAL FUNDS 47,071 120.205 The charitable company 15 entitled to exemption from audlt under Sertion 477 of the Companles Act 2006 forthe year ended 31 March 2024. The members have not requlred the company to obtain an audit of its flnanclal statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknovAedge their responsibilities for {a) ensurin8 that the charitable company keeps accounting records that comply with Sections 386 and 387 ofthe Companles Act 2(K16 and {b) preparing financlal statements which give a true and fair view of the State of affairs of the charitable company as at the end of each financial yeèr and of its Surplus or deficit for each financial year in accordance with the requirement5 of Sections 394 and 395 and which othenvise comply with the requirements of the Companie5 Act 2006 relating to financial statements, 50 far as applicable to the charitsble companv, The notesform partofthe5e financial statements Page 10 continued...
Vida Sheffield 8alance Sheet- continued 31 March 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. ancial statemen were approved by the Board of Trustees and authorlsed for issue on and were signed on its behalf by: Claire Syke5- Treasur rustee The notes form part of these financial statements Pa8e 11
Vida Sheffield Notes to the Financial Statements forthe Year Ended 31 March 2024 GRANTS RECEIVED This year small grants amounted to £33,000. These included grants from Talbot Trust, Albert Hunt, Liz & Terry Bramall, Freshgate and Brelms Twst. In addition small grants were carried forward from 2022123 from Westfield, Church Burgesses, Henry Bottom and J G Graves as noted below. The balance of grants received from some funders In 2022123 have been carrled forward to 2023124 and therefore they form part of the charlty's income In the year ended 31 March 2024. These are Lloyd$ 8ank Foundation: £17,589, and Small Grants £13,000. All grants received in 2023124 have been utilised and therefore no grants have been carried forward for use in 2024125. ACCOUNTING POLICIES Ba$ls of preparlng the Ilnanclal stateménts The flnanclal statements of the charitable company, whlch Is a publlc beneflt entlty under FRS 102, have been prepared in accordance wlth the Charities SORP'IFRS 1021 'Accountin8 and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectlve l January 20191,, Flnancial Reporting Standard 102 The Financlal Reporting Standard appllcable In the UK and Republic of Ireland, and the Companies Act 2006. The flnanclal statements have been prepared under the hlstorlcal cost (onventlon. Income All income 15 recognised in the Statement of Financial Activlties once the charity has entitlement to the funds, it Is probable that the Income will be received and the amount can be measured reliably. Expenditure Llabilities are recognised as expenditure as soon as there Is a legal or constructive obli8atian committing the charity to that expenditure. It is probable that a transfer of economic benefits will be requlred in settlement and the amount of the obligatlon can be measured rellably. Expenditure Is accounted for on an accruals basls and has been classified under headinBS that a88re8ate all cost related to the category. Where costs cannot be directly attrlbuted to particular headings they have been allocated to attivities on a basis consistent with the use of resources. Allocatlon and apportionment of costs Costs are allocated to appropriate funds according to usage as determined by the Trustees. Tanglble flxed assets Depreciation is provided at the following annual rates In order to write off each asset over its estimated useful life. Plant and machinery Computerequipment 20%on reducing balance 50% on cost Taxatlon The charity is exempt from corporation tax on its charitable actlvltles. Page 12 continued...
Vida Sheffield Notes to the Financial Statements- continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES- Continued Fund a¢countln8 Unrestrlcted funds tan be used in accordance wlth the chèrltable oblectlves at the dlscretlon of the trustees. Restrirted funds can only be used for particular restricted purposes within the objects of the charlty. Restrlctlons arlse when specified by the donor or when funds are raSsed for partlcular restrlcted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financlal statements. INVESTMENT INCOME 31.3.24 31.3.23 Deposlt account Interest 68 86 NEfiNCOME/(EXPENDITURE) Net Income/lexpendlturel is stated after chargln81{creditingl: 31.3.24 31.3.23 Depreclatlon - owned assets 3.816 4,696 TRUSTEES, REMUNERATION AND BENEFrrs There were no tru5tees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. Page 13 continued...
Vida Sheffield Notes to the Financial Statements- continued for the Year Ended 31 March 2024 STAFF COSTS The average monthly number of employees during the year was as follows.. 31.3.24 31.3.23 Service providers No employees recelved emoluments In excess of £60.000. No staff members were secondedfrom or provlded byan agency durlngthe year. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnviTIES TO 31ST MARCH 2022 Unrestrlcted Restricted funds fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacles 21,209 21,909 Charitable artlvltles Lloyds Bank Foundatlon SCC- Supportin8 People Small Grants National Lottery Communlty Fund 32,573 35.000 15,600 108,962 32,573 35,000 15,600 108,962 Investment income 86 86 Trtal 21.295 192.835 214.130 EXPENDITURE ON Charitable activStles Salary Pensions Recruitment Staffing costs Travel Rent, heat. light Telephone Depreciation Room Hire Interpreters Sundry Insurance Postage, Packaging and Stationery Publicity & Copying Subscrlptions Accountancv Womens Group Computer software & repairs 8,779 1,502 110.392 13.128 99 733 125 17,314 1.691 4.696 720 611 6.016 1.352 527 1.910 1,139 1,308 31 5,389 119,171 14,630 99 733 125 17,914 1,918 4,696 720 611 9,982 1,352 527 2,169 1,250 1,308 5,733 5,389 600 227 3,966 259 iii 5,702 Page 14 continued...
Vida Sheffield Notes to the Financial Statements- continued for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES TO 31ST MARCH 2022- continued Unrestricted Restricted Total funds fund funds Staff training Volunteer expenses Consultants Project Supervisors (Clinical Supervisionl 440 619 18,095 1.283 440 619 22,730 1,283 4,63S Totsl 25,781 187,618 213,399 NEf INCOMEI(EXPENDITUREI 14,4861 5,217 731 RECONCILIATION OF FUNDS Total funds brought forward 102,852 16,622 119,474 TOTAL FUNDS CARRIED FORWARD 98,366 21,839 120,205 TANGIBLE FIXED ASSETS Plant and machinery Computer equlpment Totals C05r At l April 2023 and 31 March 2024 19.847 21,860 41,707 DEPRECIATION At l April 2023 Char8e for year 19,451 14,421 3,718 33.872 3,816 At 31 March 2024 19,549 18,139 37.688 NEf BOOKVALUE At 31 March 2024 298 3,721 4.019 At 31 March 2023 396 7,439 7,835 All items relatlng to flxed asset catagorles are capitalised Irrespective of cost. Page 15 continued..
Vida Sheffield Notes to the Financial Statements- continued for the Year Ended 31 March 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade creditors Oeferred government grants 1,768 3,409 30,589 1,768 33,998 10. MOVEMENT IN FUNDS Net movement In funds At 31.3.24 At 1.4.23 Unrestrlrted fvnd5 General fund 98,366 171,0641 27,302 Restrlcted fund5 General fund 21,839 {2,0701 19,769 TOTAL FUNDS 120,205 173,1341 47,071 Net movement in fund5, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 26,538 197,6021 171.0641 Restricted funds General fund 124,588 (126,6581 12,0701 TOTAL FUNDS 151,126 {224,2601 (73,1341 Page 16 continued...
Vida Sheffield Notes to the Financial Statements- continued for the Year Ended 31 March 2024 io. MOVEMENT IN FUNDS- continued Comparatlves for movement In funds Net movement in funds At 31.3.23 At 1.4.22 Unrestrlrted funds General fund 102,852 {4.4861 98,366 Restrlcted funds General fund 16,622 5,217 21,839 TOTAL FUNDS 119,474 731 120.205 Comparatlve net movement In funds, Included In the above are as follows.. Incomln8 resources Resources expended Movement In funds Unrqstrlrtqd funds General fund 21,295 125,7811 14,4861 Restrlcted funds General fund 192,835 (187,6181 5,217 TOTAL FUNDS 214,130 (213,3991 731 A current year 12 months and prior year 12 months combined position is as follow5: Net movement In funds At 31.3.24 At 1.4.22 Unrestrirted funds General fund 102,852 175.5501 27.302 Restrlrted funds General fund 16,622 3,147 19,769 TOTAL FUNDS 119,474 172,4031 47,071 Page 17 continued...
Vida Sheffield Notes to the Financial Statements- continued forthe Year Ended 31 March 2024 io. MOVEMENT IN FUNDS- contlnued A current ye3r 12 months and prior year 12 months combined net movement in fijnds, included In the above are as follows.. Incomlng resources Resources expended Movement in funds Unrestricted funds General fund 47,833 1123,3831 175,5501 Restrlrted funds General fund 317,423 1314,2761 3,147 TOTAL FUNDS 365.256 1437,6591 172,4031 11. RELATED PARTY DISCLOSURES It should be noted that the charity receives some small donations from Its Local Glvln8 page, From time to time some of these donations may be from family members or frlends of trustees or staff who work at the Charlty. These are small in value in the context of the overall income of the charlty (usually less than £501. Page 18
IL• v.ida Sheffield Detailed Statement of Financial Activities forthe Year Ended 31 March 2024 31.3.24 31.3.23 INCOME ANO ENDOWMENTS Donatlons and legacles Donations Other income 18,326 8,143 15,612 6,297 26,469 21,909 Investment Income Deposit account interest 68 86 Charltable actlvltles Grants 124,589 192,135 Total Incomlng resources 151,126 214,130 EXPENDITURE Charitable activities Staff and volunteer costs Premises & equipment costs Other costs 174,981 27,122 19,561 158,107 25,248 28,209 221,664 211,564 Support costs Manaqement Advertislng 1,192 527 Governance costs Accountancy and legal fees 1,308 Total resources expended 224.260 213,399 Net {expendltureifincome (73,1341 731 This pa8e does not form part of the ststutory financSal statements Page 19