Charity registration number 1092735 Company registration number4361648 (England and Wales) VITA NOVA ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
VITA NOVA LEGAL AND ADMINISTRATIVE INFORMATION Trustees M Hancock- Chair P Dyer DJ Temple L Fenge L Buswell P Gomiley (appointed 26 August 2025) Charity number 1092735 Company number 4361648 Principal address 11 Roumelia Lane Boscombe Dorset BH5 1EU Regislered office 11 Roumelia Lane Boscombe Dorset BH5 1EU Independent examiner Oak Accounting 27 Bascott Road Wallisdown BoumemoLrth BH11 8RJ Bankers Natwest
VITA NOVA CONTENTS Page Trustees, report 14 Independent examiners report Statement of financial activtiies Balance sheet Notes to the accounts 8-18
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees presenl Iheir annual report and financial statements for the year ended 31 March 2025 The financial statements have been prepared in accordance wlh the accounting policies set out in note 1 to the financial statements and ojmply with the charity's goveming document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charilies preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019)" Objectives and activities The objeclives of this charity are= the advancement of public education in drug and alcohol awareness including issues related to sexual health. health. mental health, anti-social behaviour and bullying, in particular through public perfomiances, drama productions, workshops and lalks, and the relief of recovering addicls and people wilh mental health issues, through the provision of training and diversionary activities and there has been no change in these activities during the year. Public Benefit The Trustees have referred to the guidan in the Charity Commission's general guidan on public benefit when reviewing the charity's aims and objectives and in planning its future aclivities. They do not consider that the charity's activities include any potential detriment or hann or thal they convey any significant incidental privale benefit. Activities The charity's main activities are based in the local community and across Dorset and Hampshire providing drama based educalion products in schools and other youth and community projecls logelher with ongoing worf(shops and support to those in recovery, mental health issues and marginalized members oflhe local community- Achievements and perfomance From the Chair Martin Hancock Summary of the year and highlights Vita Nova continued to build on the opportunities and relationships developed during the previous year with an expansion of perfomances of Ihe Wasp's Nest play that address the serious issue of County Lines and Knife Crime. Access into more secondary schools across BCP and rest of Dorset, (generally years 9 to year 13) and colleges by our members performing and then sharing their lived experience is so powerful and engaging for the teenage audience. Over 3000 pupils have seen the perfOnnans across the schools. "The act0 that came to school yesterday were Iruly inspirational and our students were fully engaged, please pass on my thanks to them forgiving up their time to Sha their stories. Anna HuMphys, Pueck School It was a new experience being able to perform the Wasp's Nest in HMP Portland. the Dorset Police Cadets and local addiction Charities such as Streetscene. We continue to run the other arts curriculum induding Music Group, Creative writing and the integrated Celeste dram group working with the refugee and asylum seeker comrnunity performing main plays Hopefool and Refugee Nativity.
A significant project during the 2024-25 financial year funded by an Arts Council England grant afforded us a further opportunity {following Wasps Nestl to expand our creative practice and portfolio, in the writing and development of 'Heath', a play that draws on King Lear. This was something our long serving and extremety dedicated Artislic Director, Sharon Coyne had wanted lo write and produce lor several years and so il was wonderful that there was funding to enable time to write and produce and perfomi in significant venues in BCP and wider Dorset. Partnering with Fallen Angels {Manchester based dance company thal works with people in recovery) and the composer Stefan Defilet who developed an original score for the play, we were able to have performances as part of a short tour in Pavilion Dan SW, Lighthouse Poole and one Bridport Arts Centre. The added value was raising ihe profile of Vita Nova and the diversity of its offer. In the first half of the year we were involved in three conferences kicknng off vAth Bournemouth AFC and performed The Wasps Nest as part of BCP'S Safer Communities, Knife-crime awareness month. This has made some meaningfvl connections for us including the possibility of working with foster parents and linking with the grandmother of Cameron Hamilton, who tragically died after a knife atlack in Bournemoulh lasl year. At the National Drama Conference in Birmingham we performed The Wasp's Nest. And finally we perfomied a section of The Nest for The Hamiony Conference at the Boumemoulh Universty. These events not onW help raise Vita Nova's profile but offer the cast new experiences and the opportunity to meet different types of professionals. Vita Nova is a small charity that continualty seeks funding to survive and ensure at least a small paid staff team is able lo produced and support its members to continue a recovery joumey and one of our members shared this powerful statement in Juty 2024.. 'Vita Nova will always be the place I needed to go after treatment, and the place that will hold a place in my heart for the rest of my life. Long live and love Vita Nova" Funding After an intense but highty successful Autumn 241Winter 25 Tern with Heath, Wzard of Boz and Refijgee Nativity, we had a bumpy start financially to the end of Ihis financial year. It was a stressful period but we have managed lo pull ourselves out and it has produced a way forward. The Creative Producer at the time, Michael Armstrong and the Trustees had been focusing on a Business plan that has now fomed a route for Vita Nova over the next two years. The plan has also been an accompaniment to grant applications. In such adversity, positives have emerged from the situation. The fear of Vila Nova not continuing has been a reminder of how important the organisation is to many people. Faith in the organisation has meant that SNG were willing to support us as we came to the end of March 2025 with a significant unrestricted grant received in April 2025 as they recognised the importance of our work. During the 2024-25 year further funding awards from Trusts and Foundations included= Valentine Charitable Trust. Alice Ellen Cooper Dean Charilable Trust. George Temperance Trust. Talbol Village Trusl, and Dorset Community Foundation. In addition, we continued to use the prior year fijnds from Dorset Police & Crime Commissioner, SNG Housing and Arts Council England extending the education outreach and creative practi. These awards provided the charity with a mix of both project specific and core cost fvnds as well as these trusts showing continued support for the Charity following prior year frjnding allocations and developing partnerships.
VITA NOVA TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Business planning and sustainability The new business plan developed during ihe year built on that from 2022-23 looking al programming, fundraising and engagement with the plan prioritising to.. extend the reach through a wider programme,. challenge the stigma of addiction through positive representation,. advance the school outreach programme and nurture the relationship with our primary funders to encourage a more sustained approach. SNG and Talbot Village Trust as very good examples along with a number of other grant providers as mentioned above. The funding secured across the last couple of financial years has sustained the staff team which remains as 4 part-time individuals (2 FTE). Although the admin and marketing staff team has changed across the last reporting period. Ihe resource has been sustained through the fundraising approach, which has in-tum enabled more ambition and continuity especialty for the Artistic Director and Creative Producer who are key to the outcomes for our members and the difference we can make to education and prevention through our schools work and engagement with the students. This project granl provides additional resour to the team. supports the education oulreach programme bul importantly, affords the charity the first opportunity in Many years to extend its creative and artistic practice. 'Heath' will premiere in professional venues across Dorset in aulumn 2024 and offer our members a new, advanced opportunity. to move forward with their recovery and creakn've ambition. It was challenging in the final quarter of the year wtth reduced reserves having completed a number of the new projects. Trustees did consider the possibility of having to redu the stsffing even though there had been so much success during the past couple of years. Fortunately everyone pulled togelher and during the first part of the new financial year we were able lo get back on track with sufficient funds to plan further ahead. Financial review The charity has maintained its level of activities dellvering a number of projects from previous funds although ended the year with slightly reduced Reserves. There has been a greater focus on gaining income from performances and that will continue lo be the case going forward, as well as seeing how we can increase income by hiring oul Ihe premises lo other local organisations. More performances of its play the Wasps Nest and going into more schools to educate around addiction and knife crime plus grant for core costs will help. This continued opportunity for additional grant income already received since year end and more schools visits and public performances already booked indicates that a combination of revenue income, reserves and grant funding will ensure the charity continues to be financially sustainable. Income for the year was £104.604 12024: £60,064). Expenditure wa5 £110.94912024". £95,650). resulting in a small deficit of £3,345 (2024.. deficil of £35,586)- At the end of the year totsl resee5 were £11,735, all unrestricted. Reserves It is the policy of the charity that unrestricted fijnds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. Current reserves show just under 2 months but within the first week of the new year April 2025 we received Ihe expected £30,000 grant from SNG that ensured we were more than 5 months covered. The Trustees consider that reserves at this level will now ensure Ihal, in the event of a significant drop in funding, they will be able to conlinue the charity's current aclivities while consideration is gwen to ways in which addttional funds may be raised. Risk Management The Trustees have considered the major risks lo the Charity and ongoing Funding exposure and have reviewed those risks and established systems and ProdureS to manage them. Procedures are in place to cover health and safety, vulnerable adults and child protection, safeguarding, equal opportunities, disciplinary and alcohol and drugs policies.
VITA NOVA TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, governance and management Vila Nova is a company limiled by guarantee and nol having a share capital and is governed by its Memorandum and Articles of Association. The company is a registered charity. The trustees. who are also the directors for the purpose of company law. and vtho served during the year and up to the date of signature of the financial statements were= M Hancock- Chair P Dyer D J Temple L Fenge P Gomley New Trustees are recruited to fill vacancies identified by the Trustees skills audit. Their election musl be confirmed by the members ofthe company in general meeting. One third ofthe Trustees, compliment is required to retire by rotation each year and may offer themselves for re-election by the members of the company. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up. This report has been prepared in accordan with the provisions in Part 15 ofthe CompaniesAct 2006 applicable to companies subjecl to the small companies regime. The trustees, report was approved by the Board of Trustees. M Hancock- Chair Trustee Daled.. ..1.a.Q£.comb.er 2025
VITA NOVA INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VITA NOVA I report to the trustees on my examination ofthe financial statements of Vita Nova (the charty} forthe year ended 31 March 2025. Responsibiliti88 and basis of report As the trustees ol the charty land also its directors for the PUTposes of ¢ornpany lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies kt 2006 (the 2006 Acti. Having satisfied myself that the financial statements of the charity are not required to be audited Ljnder Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinatson of the charity's financial staternents carned out und8r secb.on 145 of the Charilies Act 2011 (the 2011 Actl- In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. An examination indudes a review of the aecounting reeords kept by the ehanty and a comparison of the accounts presented with those records. 11 also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the tru51ees conMIng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audr(. and consequently no opinion is given as to whether the a¢couTrts present a Irue and fairf view and the report is Imnited to those matters set out in the statement below. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giviru me cause to believe that in any material respect accounting records were not kept in respect of the charity as required by section 386 of the 20tE Act,. or the financial statements do not aecorf wrth those records.. or the financial siaiements ao comply with the accounting requirements of section 390 of the 2006 Aci Other than any requirement that the accounts give a true and faiT view which is not a matter considered as part of an independent examination., or the financial statements have not been prÈp8red in accordan( with the methods 8Rd principles of the statement of Recommended Practi for acLounting and reporting by charities applicab to charities preparing their accounts in accordan wf(h Finanaal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. I have no ¢ontsms and have come across no other mattets in ttnn¢¢lion with the examination to which attenb'on should be drawn in this report in order to enable a proper understsThJiThJ of the financial statements to be reached. Sue Wlntle Oak Accountlng 27 Bascott Road Wallisdown Boumemouth BH118RJ 20-Il-Ls Oated..
VITA NOVA STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Totsl Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities Investments 93.620 9.747 1,237 93,620 12,747 31,418 19.397 742 31,418 27.904 742 3.c0 8,507 Total income 104,604 3,000 107,604 51,557 8,507 60,064 Expenditure on: Charitable activities 107.949 3.000 110.949 39.775 55,875 95,650 Total expenditure 107,949 110,949 39,775 55,875 95,650 Net incomel{expenditurel and movement in funds (3.345) (3.345) 11.782 47368 -35.586 Reconciliation of funds: Fund balances at 1 April 2024 15,080 15,080 3,298 47,368 50,666 Fund balances at 31 March 2025 11.735 11.735 15.080 15,080 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
VITA NOVA BALANCE SHEET ASA T31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 12 41 Current assets Debtors Cash al bank and in hand 13 141 12,489 3,156 40,901 12,630 44,057 Creditors: amounts falling due within one year 14 (8001 129.018) Nel current assets 11.709 15,039 Total assets less current liabilities 11.735 15,080 The funds of the charity Restricted income funds Unrestricted funds 17 18 11.735 15,080 11.735 15.080 The company is entilled to the exemption from the audit requirement conlained in section 477 ofthe CompaniesAct 2006. for the year ended 31 March 2025 The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were aDDroved by the trustees on ...l.a.QRGemher 2025 M Hancock- Chair Trustee Company registration number4361648 (England and Wales)
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity inforniation Vila Nova is a private company limited by guarantee incorporated in England and Wales. The registered office is 11 Roumelia Lane. Boscombe. Dorset. BH5 1EU. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's goveming document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effective 1 January 2019)" The charity is a Public Benefil Enlity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Stalemenl of Cash Flows. The financial slatements are prepared in steding, which is the funclional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements. the trustees have a reasonable expectation Ihat Ihe charity has adequate resources to continue in operational existen for the foreseeable fvture. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial stslements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to speafic condib'ons by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity- 1.4 Income Income is recognised when the charity is legalty entitled to it after any performance conditions have been met, the amounls can be measured reliably. and it is probable that income will be receNed. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation. unless perfomiance conditions require deferral of the amounl. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known. the legacy is Ireated as a contingent asset.
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢counting policies (Continued) 1.5 Expenditure Basic financial liabilities. induding creditors and bank loans are initialty recognised at transaction price unless the arrangement constilutes a financing transaclion, where the debt insttument is measured al Ihe present value of the future payments discounted at a market rate of interest. Finanaal liabilities classified as payable within one year are not amortised. Debt instruments are subsequentty carried at arrnrtised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classifd as current liabilities if payment is due within one year or less. If nol, they are presented as non-current liabilities. Trade creditors are recognised initially al transaction price and subsequently measured at amortised cost using the effeclive interest method. 1.6 Tangible fixed assets Tangible fixed assets are Initial measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases= Leasehold improvements Plant and equipment 3 years straighl line 25% reducing balan The gain or loss arising on Ihe disposal of an asset is delemiined as the drfference beeen the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detem)ine the extent of the impairmenl loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents indude cash in hand, deposits held at call wth banks, other short-temi liquid inveslments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 '8asic Financial Instruments, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its finanual inslruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the inslrument. Financial assets and liabilities are oftset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneousty.
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial assets Basic financial assels. which include debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are subsequentty Caled at amortised cost using the effective interest method unless the arrangemenl constitutes a financing transaction. where Ihe transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amorbsed. Basic financial liabilities Basic financial liabilities, induding creditors and bank loans are initialty recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of Ihe future payments discounted at a markel rate of interest. Finanual liabilities classified as payable within one year are not amortised. Debt instrumenls are subsequently carried at amortised cost. using ihe effective interest rate method. Trade creditors are obligations to pay for goods or sep4ices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as cuent liabilitie5 if payment is due within one year or less. If not, they are presented as n0n-cuent liabilities. Trade creditors are recognised initially at transaction price and subsequenlly measured at amortised cost using the effective interest melhod. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cosl of any unused holiday entitlement is recognised in the period in which the employee's services are reived. Termination benefits are recognised immedialely as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide tennination benefits. 1.11 Retirement benefrts Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions aboul Ihe carying amount of assets and liabililies that are nol readily apparent from olher sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the eslimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both cuent and future periods. 10-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted funds 2025 Unrestricted funds 2024 Donations and gnfts Grants Donated goods and services 6,265 87,355 6.810 24,458 1SJ 93,620 31,418 Grants George Temperan Trust Talbot Village Trusl Arts Council England Dorset Community Fund Development Education Baring Foundation South West Community Sovereign Housing Valentines Charitable Trust Dorsel Police Alice Ellen Cooper Dean 5,000 28,404 24,721 8,560 1,940 300 2,000 1.430 10,000 5,0 4,462 5,000 4,996 5,000 87,355 24,458 Incorne frorn charitable activities Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Charitable aclivilies Performances & Schools work & other Performance related grants Charilable rental income 9.062 9.062 17.842 17,842 3.000 3.000 685 8,507 8,507 1,555 685 9,747 3,000 9,747 19,397 8,507 27,904 11
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities {Continuedl Perfomiance related grants anatysis Charitsble activities Charilable activities 2025 2024 Dorsel Community Foundalion ACE Lottery Grant Other 3,790 4,717- 3,000 3,000 8,507 Income from inveslments Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 1.237 742 Expenditure on charitable activities Charitable Charitable activities activities 2025 2024 Direct costs Share of support and governance costs {see note 7 Support Governance 110,149 800 94,599 1,051 110,949 95,650 Analysis by fund Unrestricted funds Restricted funds 107.949 3,000 39,775 55,875 110.949 95,650 12-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activities 2025 2024 Staff costs Deprecialion Premises and other support costs Governan costs 61,949 15 48,185 800 14 36.021 1,051 110.949 95,650 Analysed between: Charitable activities 110,949 95,650 Nel movement in funds 2025 2024 The nel movement in funds is staled after Chargin(crediting)'. Depreciation of owned tangible fixed assets 15 14 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 10 Employees Expressed as fijll-time equwalent. the average monthty number of employees during the year was: 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries Other pension costs 59,322 2.627 57,732 832 61.949 58,564 There were no employees whose annual remuneration was more than £60,000. 13-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Employees (Continued) Remuneration of key management personnel The remuneration of key management personnel was as folows.. 2025 2024 Aggregate compensation 41,177 41,001 Key Management Personnel is defined as the Artistic DitOr and Creative Producer role. 11 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable pUose5. 12 Tangible fixed assets L&3sehold improvements Plant and equipment Total Cost At 1 April 2024 8,685 16,200 24,885 At 31 March 2025 8,685 16,200 24,885 Depreciation and impainnent At 1 April 2024 Depreciation charged in the year 16,160 14 24,844 15 At 31 March 2025 8.685 16,174 24,859 Carrying amount At 31 March 2025 26 26 At 31 March 2024 41 13 Debtor5 2024 2023 Amounts falling due within one year: Other debtors Prepayments and accrued income 722 231 141 141 953 14-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Creditors: amounts falling due within one year 2025 2024 Notes Other taxation and social security Deferred income Accruals 352 24,721 3,945 15 800 800 29,018 15 Deferred income 2025 2024 other deferred income 24,721 Deferred income is induded in the financial statements as follows= 2025 2024 Deferred income is induded within- Cuent liabilities 24.721 Movemenls in the year= Deferred income at 1 April 2024 Released from previous periods Resources deferred in the year 24,721- P4,721} Deferred income at 31 March 2025 16 Retirement benefit schemes 2025 2024 Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes 2,627 832 The charity operales a defined contribution pension scheme for all qualifying employees. The assels of the scheme are held separately from those of the charity in an independenlly administered fund. 15-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Restricted funds The reslricted fvnds of Ihe charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 Arts Council England 3,000 (3,000) 3.0(Kl (3.0001 Previous year: At 1 April 2023 Incoming resources Resources expended At 31 March 2024 Arts Council England 4.717 3.790 {4,717) I3,7) (25,3681 (22,0001 {55,875) Dorset Community Foundation Dorset Council Talbol Village 25.368 22,000 47,368 8,507 16-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Restricted funds (Continued) Arts Council England: emergency response fund 18 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances ofdonalions and granls which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside oul of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General funds 15.080 104.604 1107,949) 11,735 Previous year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 18,489 51,557 {39,775) 15,080 17-
VITA NOVA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Analysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Current assetsl{liabilities) 26 11,709 26 11.709 11.735 11,735 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsloiabilities) 41 15,039 41 15,039 15,080 15,080 20 Related party transactions Transactions with relaled parties During the year ended 31 March 2025 a family member of key management personnel was engaged to provide services to the charity totaling £1100, on an arms length basis. Vila Nova shares a trustee with The George Ternper8n Trust. who avmrded Vita Nova £5.000 in 2024125. 18-