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2022-03-31-accounts

DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE

COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS FOR YEAR ENDED 31 MARCH 2022

Company Registration Number 04428280 Charity Number 1093087

DERBY COMMUNITY ACCOUNTANCY SERVICE

Babington Lodge 128 Green Lane Derby DE1 1RY

DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

Contents Page
Members of the board and professional advisers 1
Trustees’ annual report 2-9
Independent Examiner’s Report 10
Statement of financial activities 11
Balance sheet 12
Notes to the financial statements 13-23

DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

REFERENCE AND ADMINISTRATIVE DETAILS

The Board of Trustees

Martin Townsend Chair Gill Geddes Beverley Shephard Treasurer (Resigned 24[th] March 2022) Janet Walker (Resigned 13[th] May 2021) Phil Stanyer Treasurer from 24[th] March 2022 Cllr Tony Morley Helen Bovey Sheila Winlow (Resigned 21[st] October 2021) Registered office Agricultural Business Centre Agricultural Way Bakewell DE45 1AH Independent Examiner Mark Newey ACMA Community Accountant Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY Bankers Co-operative Bank P.O Box 25 Skelmersdale WN8 6WT

Investment Advisers Tilney 55 St Pauls Street Leeds LS1 2TE

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

The trustees, who are also Directors for the purposes of the Companies Act, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2022.

Structure, Governance and Management of DDCVS

Derbyshire Dales Council for Voluntary Service (hereinafter referred to as DDCVS), as a Company Limited by Guarantee and Registered Charity is governed by its Memorandum and Articles of Association adopted on 30th April 2002 and amended by special resolution dated 29th September 2005 and further amended by special resolution on 21[st] October 2021.

DDCVS has a Board of Trustees / Directors that is responsible for the governance of DDCVS. A third of trustees must seek re-election at every AGM. The Trustees may appoint additional members to the Board of Trustees to fill vacancies or to bring additional skills and experience to the governance of the organisation. Trustees appointed by the Board of Trustees must seek re-election at the next AGM.

The Board currently meets five times a year.

DDCVS has Full members and Associate members. Full members have the right to vote at AGMs and EGMs, and can nominate people for election to the Board of Trustees. Documents are circulated prior to every AGM informing the membership of the procedures for electing new members to the Board of Trustees and inviting nominations.

New trustees are appointed on the basis that they have appropriate skills and knowledge commensurate with the governance of a Charitable Company, and have knowledge and experience relating to the voluntary and community sector, the area of benefit or communities of interest, or have other specific areas of knowledge or experience that have been identified by the Trustees as valuable to the governance and development of DDCVS.

Trustees are inducted into the organisation by having an initial meeting with the Chair of the Trustees; attending a Board meeting as an observer; being provided with relevant information from DDCVS, The Charity Commission and Companies House about the roles and responsibilities of Charity Trustees and Company Directors; information relating directly to DDCVS (e.g. copies of recent annual reports); and information from the National Association for Voluntary and Community Action (NAVCA) relating to the role of Councils for Voluntary Service in a national context. Trustees are encouraged to attend training courses and conferences that will support their role as a Trustee. The Board of Trustees is periodically subject to a skills audit exercise to identify training needs, and gaps on the Board that can be filled though recruitment.

The Trustees delegate a large amount of the day-to-day decisions involved in the running of DDCVS to the paid staff, and in particular to the Chief Executive Officer (CEO). The CEO reports directly to the Board meetings. However, some decisions are made at Board level, having taken appropriate advice both from the CEO and other relevant individuals and organisations. Decisions that require Board level agreement might be those that will have a significant financial or operational impact, or that will make significant changes to the way DDCVS is governed and administered.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

Risk Management

Major risks to which DDCVS might be exposed have been identified by the Board based on information provided by the CEO and Finance Manager. A financial risk monitor document is presented to each Board meeting, and a risk register is held and maintained by DDCVS. Where significant risks are identified, a strategy for mitigating those risks will be developed by senior staff and presented to the Board of Trustees for approval. The main areas of risk identified by DDCVS, and measures taken to mitigate those risks are as follows.

Funding coming to an end:

Much of the funding received by DDCVS is time-limited and restricted, and a high proportion of the funding comes via local authorities and clinical commissioning groups (the Derby and Derbyshire Integrated Care Board with effect from July 2022). The Board is kept appraised of the current situation regarding funding through the reports received from the Finance Manager, including the provision of cash-flow forecasts to identify potential funding gaps. Where a particular funding stream is known to be coming to an end, or considered to be at risk, a full assessment of the impact of the withdrawal of that funding will be made, and plans put in place to identify and bring in new funding, if this is considered necessary and appropriate.

Major increases in running costs:

By careful budgeting, based on extrapolations from actual expenditure in previous periods and assessment of likely changes to the operating environment of DDCVS, it is expected that DDCVS is unlikely to find itself placed in difficulty by significant unpredicted expenditure. The development of a healthy unrestricted reserve, in line with DDCVS’s Reserves Policy, provides a buffer against unpredictable expenditure. The application of the principles of ‘Full Cost Recovery’ when making funding applications also helps to ensure that DDCVS does not find itself short of basic running costs.

Financial loss due to fraud or human error:

DDCVS has systems and financial procedures in place that minimize the risk of fraud or human error. These systems are reviewed on a regular basis to ensure that they are still fit for purpose. Any errors in financial reporting and recording are investigated and actions taken to ensure that they are not repeated.

Costs related to employment:

Direct employment costs are carefully budgeted. Indirect costs that might arise from employment (e.g. redundancy payments) are covered by having a level of unrestricted reserves that would enable the organisation to meet its statutory obligations to staff, and by having appropriate insurances in place to cover costs incurred as a result of legal action, employment tribunals etc.

Breach of contract:

DDCVS holds a number of contracts (or similar agreements) with funding bodies and other agencies. DDCVS aims to ensure that the terms of these contracts are adhered to through the effective management and administration of those contracts. DDCVS also has insurances in place to cover the

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

costs incurred as a result of any legal action. DDCVS risk assesses new contracts to ensure that it is not committing itself to a contract that could be damaging to the organisation.

Leasing of property:

DDCVS currently leases office space. DDCVS mitigates risks relating to this by ensuring that the terms of the lease are appropriate to the needs of DDCVS; that a contingency is in place in the Annual Budget to cover the costs of moving premises; and that insurances are in place to ensure the continuation of business in the event of a move.

Failure of Information and Communications Technology (ICT) systems:

Like many organisations, a significant amount of DDCVS’s business is conducted through electronic communication. A long-term failure of these systems would have a serious impact on DDCVS’s ability to conduct its day-to-day work. An IT strategy is in place to ensure that data is stored and backed-up securely; that hardware and software are maintained to a fit-for-purpose standard with Windows 10 recently being installed along with a new server; and that technical support is in place to enable problems to be fixed with the minimum of down time. DDCVS has recently carried out a review of its cyber security and put new measures in place to protect its data.

Objectives and Activities of DDCVS and Public Benefit

The Objects of DDCVS, as stated in its governing document, are as follows.

3.1: To promote any charitable purposes for the benefit of the community primarily, but not exclusively, in the local government district of Derbyshire Dales (hereinafter called the area of benefit) and, in particular the advancement of education, the protection of health and the relief of poverty, distress and sickness.

3.2: To promote and organize co-operation and partnerships in the achievement of the above purposes and to that end, to bring together in council, representatives of the voluntary and other organisations and statutory authorities in the area of benefit.

In accordance with these objects, DDCVS has the following aims:

DDCVS engages in the following activities to meet these aims:

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

The Trustees of DDCVS have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Achievements and performance

During the year, DDCVS has made achievements in the following areas of work.

Practical Support

DDCVS continues to support the local voluntary sector by providing low-cost practical services such as financial work, photocopying, loan of equipment and the provision of meeting space. Demand for these services declined during the worst of the COVID-19 period, but demand increased again during this year.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

Information, advice, training and development support

We delivered around two hundred and eighty sessions to local organisations during the year. A wide variety of support was offered to clients ranging from simple one-off pieces of advice about constitutional issues or funding applications, through to the development of major projects and full organisational reviews. The provision of advice about sources of funding and making effective funding applications continues to be a very busy area of work, as does the governance of charities, charitable companies and community interest companies.

DDCVS ran a number of on-line networking events, members’ events and funding events for local groups and other agencies and these were well attended. We also continued our on-line ‘coffee mornings’ for members, which proved very popular.

Projects and other notable pieces of work

Estate Regeneration Project – Hurst Farm Estate.

The Regeneration Project on Hurst Farm in Matlock has again been a considerable piece of work for DDCVS during the year, and significant progress has been made by working closely in partnership with Derbyshire Dales District Council, Platform Housing, Friends of Hurst Farm, Hurst Farm Social Club, and many others. After the delays in 2020-21 caused by the Pandemic, much was achieved during this year to progress the project. The redevelopment of the Hurst Farm Social Club was largely completed, and the challenging job of managing the building project fell to our Business Development Manager. This is now a fantastic facility for the community of Hurst Farm. Much work also went into submitting a second-round Heritage Lottery Fund bid which will bring in £1.2 million to enhance the woodland surrounding the estate and employ local people to manage this and other community assets in the area. A Community Benefit Society has been created to employ staff and own and manage assets.

Social Prescribing

After a difficult first year due to the Pandemic, our Social Prescribing team developed this piece of work very well during the second year, and provided an excellent service to over 300 local residents. The implementation of a new piece of client management software, ‘Joy’, will enable us to improve how we track the progress of individual clients and report to the Primary Care Network which funds this work. We recruited a third member of staff towards the end of the year, which will enable us to improve coverage of the Derbyshire Dales and provide an enhanced service to our clients.

Social Connectedness

Like other infrastructure organisations in Derbyshire, DDCVS was awarded c£53,000 to promote Social Connectedness in the Dales. All the projects funded from this money progressed during the year, following delays caused by COVID-19. A further tranche of money was made available, and this will be allocated in the coming year.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

Small grants

DDCVS has continued to manage Derbyshire Dales District Council’s small grants programme very successfully. This, combined with additional funding from Derbyshire Clinical Commissioning Group (now the Integrated Care Board) and Derbyshire County Council Public Health, is administered as the Better Derbyshire Dales Fund, and has given grants to many local voluntary and community organisations.

DDCVS also took on the management of the Public Health Locality Fund and was able to fund a number of excellent projects with this money.

Community Voice

The Community Voice project aims to provide reliable information about COVID-19 and other health and wellbeing matters to the community, and to gather views and information that can be fed back to Public Health and the Clinical Commissioning Group (now the Integrated Care Board). A regular newsletter is produced, and our staff member attends many forums and networking events to promote the project.

Staff and Trustee Development

Staff training and development is an important part of the ethos of DDCVS. Again, staff members have engaged in a wide range of training and learning opportunities that will support their work for DDCVS and their own personal development.

Governance, Management and Administration

Once again, DDCVS worked hard to make best use of its resources. DDCVS maintains a healthy level of free reserves relative to its turnover, and we will be making efforts in the coming year to maintain or grow this. Our turnover increased during the year, and we were able to generate a surplus which will improve our free reserves position.

We created a Policy Review Sub-Group during year, and this will review all policies on a cyclical basis, and make recommendations to the Board about changes to policy and the development of new policies.

Tilney again managed our investments during the year. A review of the investments was undertaken and the return on them continued to be satisfactory. The return on cash deposits during the year was again relatively low, and the amount of money kept on deposit was consequently kept to a minimum.

Untypically, there was quite a bit of change to staffing during the year. Two long-standing members of staff retired. We recruited a new development worker to fill one of these posts, and created two separate posts to cover the work of the second, these being Finance Manager, and Administration and Facilities Manager. We also recruited a new post to work on Hurst Farm, the Business Development Manager, and a third Social Prescriber, as mentioned above. At a time when many organisations are finding it difficult to recruit staff, we were very pleased to make excellent appointments in to all of these posts.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

Once again, a significant number of new members were recruited during the year, and this reflected our increased emphasis on ensuring we have a good level of membership within the organisation.

We began work on a new Forward Plan towards the end of the year, and this work will be completed in the coming year.

Partnerships

The development of effective partnerships with statutory and voluntary agencies, and the representation of the voluntary sector at a strategic level formed an important part of DDCVS’s work. During the year, DDCVS was engaged in many partnership groups including the following:

Plans for the future

In the coming year, we will focus on the following priorities.

Responsibilities of the Board of Trustees

Company law requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Board of Trustees should follow best practice and:

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2022

The Board of Trustees is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and any subsequent revisions of that act. The Board of Trustees is 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.

Members of the Board of Trustees, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out at the start of this report.

Accountants

Derby Community Accountancy Service were again appointed as DDCVS’s auditors during the year.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small entities.

Approved by the Board of Trustees on 25[th] August 2022 and signed on its behalf by:

Martin Townsend

Martin Townsend Chair of Derbyshire Dales CVS

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

YEAR ENDED 31 MARCH 2022

I report on the accounts of the company for the year ended 31 March 2022 which are set out on pages 11 to 23.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

M Newey 25[th] July 2022

Mark Newey ACMA Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2022

Note
Income from:
Donations
3
Charitable activities
4
Investment income
5
Total incoming resources
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
Net income (expenditure)
Transfer between funds
Net movement in funds
Unrealised gain/(loss) on
investments

Fund balances at 1 Apr
2021
Fund balances at 31
March 2022		 Unrestricted
Funds
Restricted
Funds
Total Funds
Year to 31
Mar 2022
Total Funds
Year to 31
Mar 2021
£
£
£
£
3,299
-
3,299
-
55,910
446,175
502,085
416,949
-
-
-
-
59,209
446,175
505,384
416,949
-
-
-
-
43,467
367,759
411,226
365,530
43,467
367,759
411,226
365,530
15,742
78,416
94,158
51,419
1,652
(1,652)
-
-
17,394
76,764
94,158
51,419
1,126
- 1,126
10,933
182,239
111,806
294,045
231,693
200,759
188,570
389,329
294,045

The company had no new or discontinued activities during the year.

The notes on pages 13 to 23 form part of these financial statements.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

BALANCE SHEET YEAR ENDED 31 MARCH 2022

Note
Fixed assets
UK Investments
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due
within one year
12
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity:
Restricted
13
Unrestricted – general reserves
13
TOTAL CHARITY FUNDS		 2022
£
18,037
289,012

307,049
(5,292)
 £

87,572
301,757

389,329

389,329

188,570
200,759

389,329
 2021
£
6,168
202,431

208,599
(1,000)
 £
86,446
207,599

294,045

294,045

111,806
182,239

294,045

For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:-

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the directors and authorised for issue on 25[th] August 2022 and are signed on their behalf by:

Martin Townsend

Martin Townsend Director

Company Registration Number: 04428280

The notes on pages 13 to 23 form part of these financial statements.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Company information

Derbyshire Dales Council for Voluntary Service is a company limited by guarantee not having a share capital. The company’s registered office is at the Agricultural Business Centre, Agricultural Way, Bakewell, DE45 1AH. At the end of the year there were 6 Trustees, each of whom, under the terms of the Memorandum and Articles of Association, had undertaken to contribute the sum not exceeding £1 in the event of a winding up of the company.

1.1 Accounting convention

These accounts have been prepared in accordance with FRS 102, “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples from 1 January 2016. The charity is a Public Benefit Entity as defined by FRS 102.

The accounts are prepared in Sterling which is the functional currency of the company Monetary amounts in these financial statements to the nearest £.

The accounts have been prepared on historical cost convention apart from fixed asset investments which are carried at market value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the accounts, the directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

1.4 Incoming resources

All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acquired. No amounts are included in the financial statements for services donated by volunteers.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1.5 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in the support of the charitable activities.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.9 Financial instruments

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Taxation

The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

2. Critical accounting estimates and judgements

3. Donations

Total Funds Total Funds
Unrestricted Restricted Year to 31 Year to 31
Funds Funds Mar 2022 Mar 2021
£ £ £ £
Donations and fundraising 3,299 - 3,299 -
--------------------------------- ----------------- --------------------------------- --------------------------------
3,299 - 3,299 -
================================ ================ ================================ ================================

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

4. Income from charitable activities

Total Funds Total Funds Total Funds
Unrestricted Restricted Year to 31 Year to 31
Funds Funds Mar 2022 Mar 2021
£ £ £ £
DDDC- Better Derbyshire Dales Fund -
38,803		 38,803 38,100
DDDC-Comm Dev Manager HF -
49,971		 49,971 61,000
DCC- Public Health ( Small Grants) -
10,618		 10,618 9,000
DCC-Public Health (S/Connectedness) -
21,714		 21,714 -
DCC-Public Health (Community Voice) -
22,916		 22,916 25,000
DCC- Volunteering -
-		 - 4,500
Derby & Derbyshire CCG (Soc
Prescribing) -
81,506		 81,506 77,073
Steps Together
Derby & Derbyshire CCG -
45,775		 45,775 45,080
Digital Connections -
-		 - 10,000
Foundation Derbyshire -
11,650		 11,650 11,872
Localities & Places -
33,465		 33,465 38,714
Localities & Places-Steps
Together(DDCVS) -
3,549		 3,549 7,026
Localities & Places -Social Prescribing
Engagement (DDCVS) -
350		 350 5,000
DCC 15,378 15,378 15,378
DCC- Public Health ( 5 Ways to
Wellbeing) - - 2,250
Police & Crime Commissioners- -
Vulnerable 5,980 5,980 6,395
Derby & Derbyshire CCG (Small
Grants) -
1,500		 1,500 1,500
DCC Public Health- Emotional well
Being YP -
95,000		 95,000 -
Living Well( Small Grants) -
8,000		 8,000 -
Miscellaneous -
-		 - 87
DDDC 31,161
-		 31,161 31,161
Project & Service Delivery 18,947
-		 18,947 22,240
Administrative Services 224
-		 224 229
Reprographic Services 958
-		 958 784
Equipment & Room Hire 4,620
-		 4,620 4,560
-------------------------------- ------------------------------------- ------------------------------------- --------------------------------
55,910 446,175 502,085 416,949
================================ ===================================== ===================================== =============================

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

5. Investment income

Total Funds Total Funds
Year to 31 Year to 31
Mar 2022 Mar 2021
£ £
Bank interest receivable (unrestricted)
-		 -
===================== ================

6. Analysis of expenditure (unrestricted and restricted)

Employment costs
Staff Travel
Telecommunications/IT
Events/Meetings
Project Grants
Community Involvement
Professional fees
Publications and subscriptions
Staff training & development
Staff Recruitment
Supplies and services
Miscellaneous		 Total Funds
Year to 31
March 2022
£
234,131
1,372
13,980
461
129,855
-
1,894
1,588
1,034
2,652
24,259
-

411,226
 Total Funds
Year to 31
March 2021
£
211,538
618
11,817
800
114,343
-
1,609
1,242
695
-
17,781
5,087

365,530

Expenditure on charitable activities was £411,226 (2021: £365,530) of which £367,759 was restricted (2021: £316,460).

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

7. Net (expenditure)/income

Net (expenditure)/income for the year is stated after charging/(crediting):

2022 2021
£ £
Independent Examiner’s Fees 1,050 1,050
=========================== ================================

8. Directors and key management personnel

During the year trustees did not receive remuneration.

The key management personnel of the charity consist of the trustees and the Chief Executive Officer.

9. Employees

The average monthly number of persons employed during the year was

Year to Year to
31 Mar 2022 31 Mar 2021
No No
Charitable activities 7 5
___ ___
7 5
================ ================
Employment costs
Year to 31 Year to 31
Mar 2022 Mar 2021
£ £
Wages and salaries 194,601 173,072
Social security costs 12,334 11,185
Pension costs 27,196
 27,281
234,131
 211,538

No employee earned more than £60,000 per annum.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

10. Fixed Asset Investments

UK Quoted Investments
Market Value at start of year
Acquisitions at Cost
Disposals at opening book value
Net unrealised investment loss/gains
Market Value at end of year
Historical Cost at end of year
The investment portfolio consists of the following
UK investment:
Towry Managed Investment Fund
Debtors
Trade debtors
Accrued Income
Creditors: Amounts falling due within one year
Grants in Advance
Accruals		 2022
£

86,446
-
-
1,126

87,572

52,145

87,572

2022
£
18,037
-
--------------------------------
18,037
================================
2022
£
-
5,292
--------------------------------
5,292
================================		 2021
£
75,513
-
-
10,933

86,446

52,145

86,446

2021
£
102
6,066
--------------------------------
6,168
================================
2021
£
-
1,000
--------------------------------
1,000
================================

11. Debtors

12. Creditors: Amounts falling due within one year

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

13. Analysis of movements in unrestricted funds

At At
1 Apr Unrealised 31Mar
2021 Incoming Outgoing (Loss)/Gain Transfers 2022
£ £ £ £ £
Unrestricted- General Reserves 182,239 59,209 (43,467)
1,126		 1,652 200,759
------------------------------------- ------------------------------------- ------------------------------------- ------------------------------------- ------------------------------------- -------------------------------------
Total unrestricted funds 182,239 59,209 (43,467)
1,126		 1,652 200,759
DDDC- Better Derbyshire Dales - 38,803 (38,803) - - -
Fund
DDDC- Comm Dev Manager HF 20,000 49,971 (69,971) - - -
DCC Public Health 1,499 10,618 (12,117) - - -
(Small Grants)
DCC- Public Health - 21,714 - - - 21,714
(Social Connectedness)
DCC- Public Health (Community 20,800 22,916 (26,529) - - 17,187
Voice)
DCC- Volunteering `1,897 - (245) - (1,652) -
Derby & Derbyshire CCG (Social - 81,506 (81,506) - - -
Prescribing)
Derby & Derbyshire CCG - 45,775 (45,775)
-		 - -
Derby & Derbyshire CCG (Small - 1,500 (1,500) - - -
Grants)
Digital Connections 6,165 - (1,563) - - 4,602
Foundation Derbyshire - 11,650 (11,650) - - -
Localities & Places 34,714 33,465 (45,701) - - 22,478
Localities & Places-Social 5,000 350 (1,090) - - 4,260
Prescribing Engagement (DDCVS)
Localities& Places- Steps Together 7,026 3,549 (6,137) - - 4,438
(DDCVS)
DCC - 15,378 (15,378) - - -
DCC Public Health (5 Ways to 6,756 - (3,814)
-		 - 2,942
Wellbeing)
Police & Crime Commissioners - 5,980 (5,980)
-		 - -
Peak Partners 7,949 - - - - 7,949
DCC Public Health- Emotional - 95,000 - - - 95,000
WellbeingYP
Living Well (Small Grants) - 8,000 - - - 8,000
------------------------------------------ ------------------------------------------ ---------------------------------------- ---------------------------------------- --------------------------------------- ----------------------------------------
Total restricted funds 111,806 446,175 (367,759) - (1,652) 188,570
------------------------------------------ ----------------------------------------- ------------------------------------ ----------------------------------- ------------------------------------- -------------------------------------
Total funds
 294,045 505,384 (411,226) 1,126 - 389,329
===================================== ===================================== ===================================== -====================================- -==================================== -====================================

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

DDDC-Better Derbyshire Dales Fund- a pot of funding to support the work of new or existing community/voluntary groups or organisations that are working within the Derbyshire Dales, administered on behalf of Derbyshire Dales District Council.

DDDC – Community Development Manager Hurst Farm, funding to work strategically with the community and partner organisations to meet the needs of the community of Hurst Farm and develop and deliver the Estate Regeneration Plan.

DCC- Public Health, a pot of funding for grants to support the work of new or existing community/voluntary groups or organisation working within the Derbyshire Dales for health and wellbeing activities.

Wellbeing Partnership to develop a district wide Action Group, develop an action plan to raise the profile of social connectedness and fund projects which improve social connectedness for people who are lonely or isolated, or at risk of being lonely or isolated and monitor the progress.

DCC- Public Health (Community Voice), funding to support Derbyshire in the fight against COVID-19.

DCC – Volunteering, fund to reimburse volunteer expenses during COVID-19

Derby & Derbyshire CCG (Social Prescribing), funding to develop and deliver a Social Prescribing service in the Derbyshire Dales that will link patients referred from GP surgeries in the Derbyshire Dales Primary Care Network with appropriate services and support from the voluntary, community and non-profit sector and inform and support the development of new and additional services that would be beneficial to patients in the Derbyshire Dales.

Derby & Derbyshire Clinical Commissioning Group (D& D CCG) provide funding for the core activities of the CVS, developing and providing information to local voluntary and community groups and providing small grants to community groups in the Derbyshire Dales for health and well-being activities.

Digital Connections, project to support community and voluntary groups to connect digitally with people in the local area.

Foundation Derbyshire, funding to support community development work as part of the agreed COVID-19 After Shock delivery plan.

Localities & Place, Police & Crime Commissioners Vulnerability, fund to provide support for families and communities to address vulnerability.

Social Prescribing Engagement Fund, provide individual funding payments to participants of Social Prescribing

Steps Together, project linking people with a volunteer for a local walk.

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

Derbyshire County Council (DCC) – supplies funding to deliver core activities of the CVS – supporting local and voluntary community groups and engaging in strategic work with statutory and voluntary sector partners.

DCC- Public Health ( 5 Ways to Wellbeing), the 5 Ways to Wellbeing (namely Connect, Be Active, Take Notice, Keep Learning and Give) provided small grants to organisation working within the Derbyshire Dales for health and wellbeing activities.

Peak Partners, DDCVS administers a small grant to develop and explore ways in which local organisations could work together more effectively to tackle local issues.

DCC Public Health Emotional Wellbeing YP- The Growing Golden Opportunities project is to promote an asset-based community approach to positively impact upon the emotional wellbeing of children and young people in the Derbyshire Dales.

Living Well ( Small Grants)-funding to focus on adult mental health in the Derbyshire Dales.

14. Analysis of net assets between funds

Tangible fixed Other
assets net assets Total
Unrestricted funds £ £ £
Unrestricted Reserves 87,572 113,187 200,759
Restricted funds
DCC
Public
Health		 (Social
Connectedness) - 21,714 21,714
DCC
Public
Health
(Community
Voice) - 17,187 17,187
Digital Connections - 4,602 4,602
Localities & Places - 22,478 22,478
Localities & Places- Social Prescribing - 4,260 4,260
Engagement (DDCVS)
Localities & Places- Steps Together - 4,438 4,438
(DDCVS)
DCC Public Health (5 Ways to
Wellbeing) - 2,942 2,942
Peak Partners - 7,949 7,949
DCC
Public
Health-Emotional
Wellbeing YP - 95,000 95,000
Living Well (Small Grants) - 8,000 8,000
-------------------------------- -------------------------------- --------------------------------
Total funds 87,572 301,757 389,329
==================================== ============================= ================================

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DERBYSHIRE DALES COUNCIL FOR VOLUNTARY SERVICE COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

15. Related party transactions

The charity had no related party transactions that required disclosure.

16. Leasehold Commitment

The Company entered into a 12 year lease on 1[st] April 2008 for the rental of the business premises. The term of the lease is at an annual rental of £10,790 plus VAT and thereafter reviewed every three years at market value.

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