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← High Peak Cvs

2024-03-31-accounts

Company Number: 4600635 Charity Number: 1096462

High Peak CVS

Report and Financial Statements for the year ended 31 March 2024

High Peak CVS

Report and Financial Statements for the year ended 31 March 2024

Contents Page

High Peak CVS

Reference and Administrative Information

for the year ended 31 March 2024

Company number 4600635
Charity number 1096462
Registered office and Dunbar House, 105 Buxton Road, Whaley Bridge
operational address High Peak, Derbyshire, SK23 7HX
Trustees Trustees, who are also Directors under company law, who served during
the year and up to the date of this report were as follows:
Karen Rigg
 Chair
Martin Thomas Treasurer Resigned 08.11.23
Sandra Higgins Treasurer Appointed 18.01.24
Sue Howard
Carol Evans Resigned 26.09.24
Ross Burnage Resigned 05.06.24
Emily Williams
Nicholas Mills
Stephen Eccleston Appointed 22.08.23
Sandra Schofield Appointed 18.07.24
Honorary Officers Cllr Jean Todd HPBC Resigned 29.09.23
Cllr Neville Clarke HPBC Appointed 07.11.23
Chief Executive
 James Bromley Resigned 14.06.24
Officer Ross Burnage Appointed 12.08.24
The Chief Executive Officer is appointed as Company Secretary.
Bankers Unity Trust Bank
P O Box 7193, Planetary Road, Willenhall, WV1 9DG
Independent Jennifer Daniel FCCA DChA Slade & Cooper Limited
Examiner Beehive Mill, Jersey Street, Ancoats, Manchester, M4 6JG

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

The Trustees present their report and the unaudited financial statements for the year ended 31[st] March 2024. Included within the Trustees’ Report is the Directors Report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

Extract from The Memorandum of Association of High Peak CVS dated 2002 and amended 2010:

“The Charity’s objects (the Objects) are to promote and assist any charitable purpose for the benefit of the community, in particular but not exclusively, in the local government district of the High Peak in Derbyshire and its neighbourhood (hereinafter called “the area of benefit”) and, in particular, the prevention and relief of poverty, the advancement of education, the advancement of health, social and community advancement, the advancement of culture, science, arts and heritage and the advancement of environmental protection and improvement:

Provided that in carrying out these charitable objects, the charity will seek to challenge all forms of oppression and inequality and to give priority to working with people whose full participation in society is limited by economic, political and social disadvantage.”

Our Mission is to improve the quality of life for individuals, groups and communities by enabling a vibrant and sustainable voluntary and community sector that is valued throughout the High Peak.

High Peak CVS's primary focus is to build the capacity of voluntary and community groups to help them make a positive difference to their communities. To this end our team deliver high quality support to groups across the High Peak by providing information, advice, development support and training from our base in Whaley Bridge. As a local infrastructure organisation we also represent the voluntary sector in a wide range of areas particularly in association with public sector statutory agencies. This includes pressing for adequate investment to ensure the continuation and expansion of their work.

High Peak CVS will deliver directly services and/or projects when they will make a positive difference to the community. We will only deliver direct services and projects if we believe we are the local organisation or group which is best suited to provide those services and/or projects .

Our main activities and who we aim to support are described below. All activities focus on improving the quality of life in communities by supporting the development and sustainability of voluntary and community groups and addressing identified community needs. This is undertaken to further our charitable purposes for the public benefit.

The Directors review the aims, objectives and activities each year. This report looks at what High Peak CVS has achieved and the outcomes of its work in the reporting period. The Directors Report details the success of each key activity and the benefits brought to those groups of people that it is set up to help. The review also helps the Directors ensure our aims, objectives and activities remain focused on our stated purposes.

The Directors 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 Directors consider how planned activities will contribute to the aims and objectives that have been set.

High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Achievements and performance

High Peak CVS is committed to developing the capacity of voluntary and community groups to make their valuable work as effective as possible. This includes individual support for groups just setting up as well as ongoing support to existing groups who face challenges or who seek to expand their work. Through contact with groups our team offers information, funding advice, bespoke informal training and development as a part of our support services.

Our Bereavement Service offers essential support for adults dealing with grief, ensuring a safe, respected and cared for space for everyone.

Our Social Prescribing Service works closely with our Primary Care Network across the High Peak (excluding Glossop) to assist people to explore ‘what matters to them ’and take an holistic approach to their health and wellbeing. This is done, by connecting individuals to local services and groups, often working closely with our Community Development team,.

Operational

The cost of living crisis continues to have a dramatic impact on the health, wellbeing and financial means of people across the High Peak and has meant a continued increase in demand for support from groups that continue to offer essential services to those that need it the most. It is a similar situation for our Social Prescribing and Bereavement services as we are seeing an increase in referrals and, in many cases, complex issues that require longer term support.

Core costs for the organisation continue to increase in the current economic climate, meaning funds are being stretched more than ever and it continues to be a huge challenge for High Peak CVS, and throughout the Voluntary and Community Sector, to meet these costs as funding continues to be uncertain.

Funding

As mentioned above, although our core funding through Derbyshire County Council, High Peak Borough Council and NHS Derby and Derbyshire Integrated Care Board has stayed consistent, we have been unable to secure long term commitment for this, and it continues to create uncertainty and concern. The next financial year is seeing a new consultation taking place through Derbyshire County Council on all discretionary grants which could have a huge detrimental impact on both our service and our members.

Funding cuts across Local Authority and Government contracts is continuing to add operational risk to many of our services, and those of our members, and the loss of key statutory services is increasing the demand on our services even more.

Our Bereavement Service continues to be funded through the National Lottery Community Fund and this is confirmed until March 2025, with reduced funding confirmed for a further 2 years to allow us to look at long term sustainability for the service. During this year we have been in conversations with NHS Derby and Derbyshire ICB about the potential of commissioning this service and these talks will continue into the new financial year.

Our Social Prescribing service across the High Peak (excluding Glossop) continues to go from strength to strength, with the team that work with our local Primary Care Network and other agencies to support the local community. This aims at linking in patients from eight surgeries across the district with community led initiatives and support groups.

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Alongside our key funding and those mentioned above, we have received support from a number of additional funders including The National Community Fund, Derbyshire County Council Public Health and NAVCA. All have provided additional capacity to help develop our offer and continue to provide much needed support during an incredibly difficult year.

Networking and Representation

High Peak CVS represents and advocates for the voluntary sector in a number of strategic policy platforms such as the Derby and Derbyshire Infrastructure Alliance (DDIA), Derbyshire County Council Local Response Forum (Tactical Group), Derbyshire County Council Community Response Forum, PLACE Alliance, Community Resilience Forum, Health and Wellbeing Partnership, Primary Care Network and Joined Up Care Derbyshire amongst others.

We are part of the High Peak Alliance which consists of our partners at New Mills and District Volunteer Centre, The Bureau (Glossop) and Connex Community Support (Buxton) aimed at offering a collaborative and joined up approach to community development and support across the whole of the High Peak.

As part of our group engagement, we feed back to statutory bodies responsible for setting health objectives across the High Peak in strategic meetings and we also work with our Small Groups Advisory Board who help us shape our vision and support for the local community groups.

In addition, we chair the High Peak Community Voice forum that brings together local community and voluntary groups to share resources, ideas and challenges as well as introducing key strategic partners to groups to help influence decision makers on the frontline of community support.

All of these are key strategic platforms that offer us an opportunity to link in with priorities and work collectively to involve the voluntary sector in key decision making processes moving forward.

Community Development

Our Community Development team has never been more important as we continue to strive to offer a comprehensive support package that includes (but not exclusively) a number of benefits including promotion, workshops, newsletters, funding support and 1 to 1 support sessions to help develop and sustain our local groups. During this period we have supported 21 new groups which gives us a total of 593 groups we worked with over the 12 months and a total of 807 that we have access to across all our databases and partnerships. In total we have 131 members of High Peak CVS.

Our core support ranges from providing advice and direction on matters such as initial setting up, constitutional and governance issues, fundraising, marketing, forward planning and group dynamics. As a result, group members have developed confidence, skills and experience that have helped them to maximise the effectiveness of their group’s activities, which in turn benefit members of their community.

The High Peak Community Voice network continues to give the sector a platform to share skills, information, experiences, good practice, and resources, and enables groups to work collectively on issues of common interest.

We have two part time Development Workers that support our members directly, together with a part time Communications Officer who aims to increase engagement with local groups and promote their services and needs across the High Peak.

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

In addition, our part time Funding Officer offered more complex support to groups in accessing new funding streams, completing applications and proof-reading their submissions. During the year we have successfully supported groups in securing at least £40,927 through direct support, grants and/or advice including the Public Health Small Grants and High Peak Borough Council Climate Change programmes which we administer.

Social Prescribing

The Social Prescribing service enables GP surgeries to refer people to a social prescribing link worker. Link workers give people time, focusing on ‘what matters to them’ and taking an holistic approach to people’s health and wellbeing. They connect people to local partners, community groups and agencies for practical and emotional support.

Social prescribing means that you can build your support by working with a link worker who knows what is available and can support you to access these services. Together with the link worker you can discuss your needs and identify the support that will help you to manage your own health and wellbeing more effectively and achieve your own personal goals.

The service works closely with the local voluntary sector and has developed relationships with statutory partners such as the NHS and Derbyshire County Council, amongst others. The service continues to develop partnerships with external agencies to open up the referral process and allow more people to access this essential support. In addition, our social prescribers help to identify gaps in provision across the High Peak and work with our community development team and external partners to address this for the future.

Between April 2023 and March 2024, the service received a total of 520 referrals which led to a total of 7271 direct contacts with clients including face to face, telephone and other means of communication. As a result of our support, we saw a reduction in GP appointments of our clients of 11% and an improvement in their sense of wellbeing of 28.8% from when they were referred to us.

Bereavement Support Groups

Our Bereavement Groups, funded through the National Lottery Community Fund, offer support to adults that are dealing with the effects of bereavement. Our model focuses on face to face peer support. We have two members of staff, a Bereavement Lead and Bereavement Support Worker, alongside volunteers, clinic supervision and a sessional worker delivering these groups.

We continue to welcome referrals directly from those bereaved themselves and their families, GPs, care coordinators and surgery staff teams, clinics, hospitals, hospices and care homes. In addition we receive referrals from Social services and mental health teams, counselling services, carers’ organisations and funeral homes alongside statutory services such as IAPT, CMHT and Primary Care. We also welcome referrals from other bereavement services such as CRUSE and local hospices.

We currently run five groups across the High Peak and have worked alongside partners such as Blythe House Hospice in Chapel-en-le-Frith to deliver some of these. During this period we supported a total number of 538 group attendees.

Our support reassures families and loved ones that their relative or friend is receiving the support they need. It also reassures services and partner organisations that they are referring clients to a quality service.

We have several other working relationships with other specialist bereavement services such as SOBS (Survivors of Bereavement by Suicide), the Tomorrow Project (also suicide focus) and Reuben’s Retreat (for grieving parents), who will all accept our referrals and also make referrals to our service.

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Community Engagement

Our Community Messaging Partnership project, funded via Derbyshire County Council Public Health, continued throughout the year offering generic health advice and information. We were able to work closely with our partners at The Bureau in Glossop who run the same project in Glossop and enabled us both to share resources to improve the engagement with our population. This funding continues until September 2024.

During the year, our team has hosted three funding workshops with partners such as Foundation Derbyshire, Severn Trent Community Fund, Groundwork Greater Manchester, Sported, National Lottery Community Fund, High Peak Borough Council (to promote the Shared Prosperity Fund) and Bingham Trust.

Engagement with our members and the local High Peak community has continued to develop hugely during the year as we have seen our membership base grow and our reach on social media, website and newsletters has improved.

Our Newsletters and E-Bulletins continue to be a useful source of information and we have distributed 54 throughout the year including members only funding and health information.

Living Well Derbyshire

High Peak CVS were part of a wider consortium including Erewash Voluntary Action (contract holders) and Derbyshire Voluntary Action to manage local collaboratives across Derbyshire to bring together Mental Health services. Health services, Social Care and the Voluntary Community and Social Enterprise (VCSE) sector are developing new ways of working and modernising Community Mental Health services for adults and older adults, taking into account the particular needs of each local area. High Peak CVS have a part time Locality Co-Ordinator that manages two collaborative forums across the High Peak and Derbyshire Dales to help support the transition to a new Mental Health approach. This funding will continue until March 2025.

AGM

The AGM held on 7th November 2023 saw a fantastic turnout of new and existing members to celebrate the achievements and look forward to the year ahead. The AGM provided an opportunity for engagement with the local community with presentations around our Bereavement Project and our Annual Crompton Woodcock Award, which celebrates the impact of local groups in the High Peak.

Beneficiaries of our services

The role of High Peak CVS is to promote and support a thriving voluntary sector by building the capacity and effectiveness of local voluntary and community organisations.

Financial review

Principal funding sources

Our infrastructure grant funders, providing funding towards our administration, representation, and management function (‘Core grants’) were High Peak Borough Council, Derbyshire County Council (DCC) and Derby and Derbyshire NHS Integrated Care Board. All statutory agencies were able to maintain our core grants at the same level as the previous year, despite the potential threat of cuts.

We have received additional funding for specific services such as the Bereavement Groups through the National Lottery and Social Prescribing through NHS England, and these proportionately contribute to the above functions.

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Other income sources included occasional short term pieces of consultancy and one off commissioned work such as the Community Messaging Partnership and administering Public Health Small Grants programme and High Peak Borough Council Climate Change funding.

The Board regularly reviews the costs associated with a responsible wind down, should that become necessary. The Board has designated a reserve to protect these funds.

Several areas of our work have become significantly underfunded in previous years. Our priority remains that of providing voluntary groups and organisations with one-to-one support. To the extent this work is underfunded by grants, the charity’s general reserves have needed to be used to fund this, but the level of support is continually reviewed to ensure that our reserves are maintained and used appropriately.

Reserves Policy

Reserves are held by the charity to operate effectively and to cover the charities moral obligations towards staff and there is ring fenced in the accounts £50,000 in designated funds for this. We will aim to maintain a general reserve to cover a minimum of 6 months core running costs.

We wish to protect the charity from major risks. Reserves at the year-end were £196,632 (2023:170,653) comprising restricted funds of £93,246 (2023: £69,960) and unrestricted funds of £103,386 (2023: £100,693).

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Plans for the future

With the current economic uncertainty, especially in public sector finance, and the increasingly competitive funding climate, we are working hard to ensure that we can continue to meet need and deliver the range of services required by High Peak voluntary and community groups, within our available resources. We look continuously at new and creative ways to access funding to ensure our long-term sustainability and impact. We will actively expand and develop into areas where:

  1. The work involved fits with the High Peak CVS ethos and mission.

  2. The work is fully funded by the contracting organisation and does not have to be subsidised from reserves.

  3. High Peak CVS is the most appropriate organisation to deliver the work.

Our commitment to developing the service to our members remains key to our future. Ensuring we are offering effective, comprehensive and required support is essential and we will continue to look at working collaboratively with partners and organisations to offer the maximum impact to the community.

In these uncertain times, collaborative working between infrastructure organisations is key and includes our colleagues across the High Peak and those across Derbyshire.

Working closer with health authorities to identify the needs of the community will continue and our presence at high level strategic planning meetings will continue to allow us to voice the concerns and issues facing our members and offer potential solutions to these. Social Prescribing is a priority function across the NHS and High Peak CVS will be a key part of this service across the district, which will help support some of the most vulnerable people to access local community services.

Structure, governance and management

Governing Document

The Company was established under a Memorandum of Association which established objects and powers of the charitable company and is governed under its Articles of Association.

Company Status

The organisation is a charitable company limited by guarantee, incorporated on 26 November 2002 and registered as a charity on 11 March 2003. The charitable company took over from an unincorporated charity registered on 11 September 2001.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2024 was 381. The Board of Directors are members of the charity, but this entitles them only to voting rights. The Board of Directors have no beneficial interest in the charity.

All Directors give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 11 to the accounts.

The Board of Directors are nominated and appointed by the membership at the AGM. One third of the Board retire by rotation each year. The Board has power to co-opt Trustees in line with the governing documents, our Memorandum and Articles of Association. All Directors are recruited upon the basis of their skills, experience and knowledge and any private benefit they receive is incidental to this process.

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

At the first meeting of the Board after the Annual General Meeting of the Charity, the Board shall elect the Honorary Officers who shall hold office until after the conclusion of the next Annual General Meeting.

The Board of Directors maintains responsibility and strategic overview and employs a Chief Executive Officer to oversee the day to day operation and employs staff to carry out the work of the charity.

Related parties and relationships with other organisations

There are no related parties and we have no direct relationships with other organisations.

Recruiting new Trustees

The Board are always actively looking for new Trustees to join the team and are always looking for someone who has a good understanding of the voluntary sector and the challenges of the High Peak.

Throughout the year new trustees are able to join the board but need to be formally elected at the Annual General Meeting. We advertise vacancies on our website, social media, word of mouth, newsletters and at our Annual General Meeting.

No external body is entitled to appoint a trustee. A member can propose a new trustee but they need to be formally elected at the Annual General Meeting.

Remuneration policy for key management personnel

Employees of High Peak CVS employed from 2019 onwards have their salaries calculated based on voluntary sector ‘market rates ’for the role and responsibilities involved.

Employees of High Peak CVS employed prior to 2019 have their salary level fixed on the appropriate National Joint Council (NJC) scale relevant to their roles and responsibilities.

Risk Management

We continue to report on all our projects at each Board meeting and implement appropriate actions to mitigate against risk. Each Board meeting also receives a full financial report in writing which is sent out to all Board members in advance and is discussed at that meeting.

Internal Policy and Strategy

We regularly review our policies and during the year we have updated the following:-

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Funds held as custodian trustee on behalf of others

As disclosed in Note 18, the organisation holds funds on behalf of groups.

Occasionally small local groups which do not have their own bank accounts request us to hold money on their behalf, for use as they direct in furtherance of their own objects.

All groups are in the High Peak and we wanted to help to promote and assist them which falls within our objects.

Under our Funds for Groups we acted as custodian trustees for the following groups through the period of 1[st] April 2023 to 31[st] March 2024:-

Glossop LGBT+ Group – they provide support and social opportunities for LGBT+ people in Glossop and High Peak.

We keep a separate list of the balances on the account and the money is shown separately in our accounts, we regularly keep in touch with the Treasurers for the groups and carry out reconciliations of their balances on a regular basis.

As at 31[st] March 2024 Glossop LGBT+ Glossop the balance of Fund for Groups was £200.

Statement of responsibilities of the Trustees

The trustees (who are also directors of the Charitable Company for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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High Peak CVS

Trustees’ Annual Report

for the year ended 31 March 2024

Independent Examiner

Jennifer Daniel of Slade & Cooper Ltd was re-appointed as the charitable company's Independent Examiner during the year and has expressed her willingness to continue in that capacity.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies ’regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on date and signed on their behalf by

Karen Rigg

Chair

Date 05 November 2024

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Independent examiner’s report

to the members of

High Peak CVS

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2024 which are set out on pages 13 to 35.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jennifer Daniel FCCA DChA

Slade & Cooper Limited Beehive Mill, Jersey Street Manchester, M4 6JG

Date 11 November 2024

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High Peak CVS Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2024 Unrestricted funds Restricted funds Total funds 2024 Total funds 2023 Note Income from: Donations and legacies 138 2,089 2,227 883 Cha ritable activities: Development Programme 27,757 534,117 561,874 346,229 other trading activities 1,000 1,820 2,820 8,018 Investments 4,015 4,015 2,671 Total income 32,910 538,026 570,936 357,801 Expenditure on: Cha ritable activities: Development Programme 30,206 514,751 544,957 394,014 Total expenditure 30,206 514,751 544,957 394,014 Net income/(expenditure) for the year 2,704 23,275 25,979 (36,213) Transfer between funds (11) 11 Net movement in funds for the year 2,693 23,286 25,979 (36,213) Reconciliation of funds Total funds brought forward 100,693 69,960 170,653 206,866 Total funds carried forward 103,386 93,246 196,632 170,653 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 13

High Peak CVS Company number 4600635

Balance sheet as at 31 March 2024

Note 2024 2023
£ £ £ £
Fixed assets
Tangible assets 14 - -
Total fixed assets - -
Current assets
Debtors 17 6,469 25,353
Cash at bank and in hand 15 199,699 172,245
Cash investments 16 - -
Total current assets 206,168 197,598
Liabilities
Creditors: amounts falling
due in less than one year 18 (9,536) (26,945)
Net current assets 196,632 170,653
Total assets less current liabilities 196,632 170,653
Net assets 196,632 170,653
The funds of the charity:
Restricted income funds 19 93,246 69,960
Unrestricted income funds 20 103,386 100,693
Total charity funds 196,632 170,653

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 16 to 35 form part of these accounts.

Approved by the trustees on and signed on their behalf by: 5th November 2024

Karen Rigg (Chair)

Sandra Higgins (Treasurer)

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High Peak CVS Statement of Cash Flows for the year ending 31 March 2024 Note 2024 2023 Cash provided by/(used in) operating activities 23 23,439 (63,999) Cash flows from investing activities.. Dividends, interest, and rents from investments 4,015 2,671 Cash provided by/(used in) investing activities 4,015 2,671 Increase/(decrease) in cash and cash equivalents in the year 27,454 (61,328) Cash and cash equivalents at the beginning of the year 172,245 233,573 Cash and cash equivalents at the end of the year 199,699 172,245 15

High Peak CVS Notes to the accounts for the year ended 31 March 2024 Accounting policies The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effective l January 2015) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. High Peak CVS meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. b Preparation of the accounts on a golng concern basls The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees have made no key judgments which have a significant effect on the accounts. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period. c Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met. 16

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) d Donated services and facilities Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees, annual report for more information about their contribution. e Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. f Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. g Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the fol lowing activity headings: Costs of raising funds Development Programme Strategic Leadership & Powerhouse Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. h Operating leases Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease. i Tangible fixed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful econom ic lives on a straight line basis as fol lows: Office furniture & equipment Office equipment 4 years 3 years 17

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) j Cash investments Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. The Charity does not acquire put options, derivatives or other complex financial instruments. The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors. k Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. I Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. m 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. n Pensions Employees of the charity are entitled to join a defined contribution 'money purchase, scheme. The charity's contribution is restricted to the contributions disclosed in note 10. There were no outstanding contributions at the year end. High Peak CVS has two money purchase plans which are managed by Royal London and NEST. The plans invest the contributions made by the employee (the member) and employer in an investment fund in the member's name to build up a pension fund which can then be taken in a form dictated under legislation by the member at normal retirement age (or upon attaining age 55). The charity has no liability beyond making its contributions and paying across the deductions for the member's contributions. There were no contributions outstanding at the year-end. 18

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Legal status of the charity The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The registered office address is disclosed on page l. Income from donations and legacies Unrestricted Restricted Total 2024 Total 2023 Donations 138 2,089 2,227 883 Total 138 2,089 2,227 883 Total by fund 31 March 2023 142 741 883 19

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Income from charitable activities Unrestricted Restricted Total 2024 Core grants High Peak Borough Council Derbyshire County Council Adult Care Derbyshire County Council Policy NHS Derby & Derbyshire ICB NHS Derby & Derbyshire ICB Signposting 5,000 2,062 7,689 11,821 5,000 2,062 7,689 11,821 1,185 1,185 27,757 27,757 Development Programme Derbyshire County Council Adult Care Derbyshire County Council Policy NHS Derby & Derbyshire ICB NHS Derby & Derbyshire ICB - Signposting High Peak Borough Council Public Health Community Messaging The National Lottery Community Fund Bereavement Service NHS England via High Peak & Buxton Primary Care Network High Peak Health and Wellbeing Partnership NHS Derby & Derbyshire ICB Via Erewash Voluntary Action British Red Cross & NAVCA Ukraine I nfrastructure 2,062 7,689 11,821 1,185 5,000 15,000 2,062 7,689 11,821 1,185 5,000 15,000 103,735 103,735 317,872 317,872 18,000 18,000 47,000 47,000 4,753 4,753 534,117 534,117 Total 27,757 534,117 561,874 20

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Previous reporting period Unrestricted Restricted Total 2023 Core grants High Peak Borough Council Derbyshire County Council - Adult Care Derbyshire County Council - Policy NHS Derby & Derbyshire CCG NHS Derby & Derbyshire CCG - Signposting NHS Tameside & Glossop CCG 5,000 2, 062 7,689 6,369 5,000 2,062 7,689 6,369 1,185 5,531 1,185 5,531 27,836 27,836 Development Programme Derbyshire County Council - Adult Care Derbyshire County Council - Policy NHS Derby & Derbyshire CCG NHS Derby & Derbyshire CCG - High Peak Borough Council NHS Tameside & Glossop CCG The National Lottery Community Fund - HPCVS Bereavement Service The National Lottery Community Fund - HPCVS Bereavement Service Covid 19 NHS England via High Peak & Buxton Primary ca￿ Network DCC - Public Health Locality and Place- based Programme Small Grants HPBC Community Climate Change & Nature Action Fund 9,000 7,689 6,369 1,185 5,000 5,531 9,000 7,689 6,369 1,185 5,000 5,531 29,859 29,859 21,417 21,417 165,593 165,593 9,000 9,000 17,500 17,500 British Red Cross andNA VCA Ukraine Refugee Infrastructure Department for Digital, Culture, Media and Sport (DCMS) and NA VCA Public Health via HPBC Social Connectedness NHS England via High Peak & Buxton Primary Care Network PCN Dev DCC - Community Messaging Partnership 4, 753 4, 753 11,000 11,000 3,666 3,666 5,831 5,831 15,000 15,000 318,393 318,393 Total 27,836 318,393 346,229 21

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Income from other trading activities 2024 2023 Management fees Sundry income 2,000 820 3,500 4,518 2,820 8,018 £1,820 from other trading activities is restricted and £1,000 is unrestricted. Investment income 2024 2023 Income from bank deposits 4,015 2,671 4,015 2,671 All income from investment are unrestricted 22

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Analysis of expenditure on charitable activities Staff costs Administration Total 2024 Development programme Comms PH 16,421 1,068 959 228 17,489 959 228 DCC COVID Expenses Bingham SP The National Lottery Community Fund HPCVS Bereavement Service The National Lottery Community Fund HPCVS Bereavement Service Covid 19 The National Lottery Community Fund HPCVS Bereavement Service 2024 Living Well Co-ordinator Social Connectedness Social Eating Social Prescribing Public Health Cost of Living Grants Public Health Small Grants Community Development PCN Dev C C & Nature Action Fund 412 2,439 2,851 16,284 4,010 20,294 55,442 31,648 475 7,595 2,857 12 63,037 34,505 487 1,268 290,077 9,000 7,432 26,112 28,391 6,054 6,565 26,622 1,268 14,971 9,000 7,432 3,173 275,106 22,939 28,391 6,054 NAVCA Ukr Infra Core Leadership Team 6,565 25,033 1,589 Governance costs (see note 8) 2,686 900 3,586 481,402 63,555 544,957 2024 Restricted expenditure Unrestricted expenditure 514,751 30,206 544,957 23

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Analysis of expenditure on charitable activities (continued) Previous reporting period Staff costs Administration Total 2023 Development programme Comms PH 18,261 1,488 19,749 DCC COVID Expenses Bingham SP The National Lottery Community Fund HPCVS Bereavement Service The National Lottery Community Fund HPCVS Bereavement Service Covid 19 421 421 38,779 10,250 49,029 11,687 1,785 1,418 627 13,472 1,418 1,222 15,423 174,504 12,858 11,002 38,417 887 FD SP Bursary Living Well Social Connectedness Social Prescribing Public Health Small Grants 595 3,666 164,907 11,757 9,597 12,858 5,000 2,754 NAVCA COL 6,002 35,663 887 Community Development NAVCA VCS PCN Dev 5,831 5,831 10,520 2,941 31,953 4,361 C C & Nature Action Fund NAVCA Ukr Infra Core Leadership Team Governance costs (see note 8) 10,520 2,941 30,231 2,465 1,722 1,896 321,915 72,099 394,014 2,023 Restricted expenditure Unrestricted expenditure 357,700 36,314 394,014 Analysis of governance Basis of apportionment Total 2024 Staff costs Independent examination Accountancy services Time spent Governance Governance 2,685 900 3,585 24

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Net income/(expenditure) for the year This is stated after chargi ng/(cred iting ): 2024 2023 Operating lease rentals.. Property Other Independent examiner's fee Independent examiner - accountancy fees 4,200 4,200 900 780 960 10 Staff costs Staff costs during the year were as follows: 2024 2023 Wages and salaries Social security costs Pension costs 431,554 30,894 18,955 287,984 14,752 19,179 481,403 321,915 Allocated as follows: Cha ritable activities Governance costs 478,717 2,686 319,450 2,465 481,403 321,915 No employees has employee benefits in excess of £60,000 (2023.. Nil). The average number of staff employed during the period on headcount basis was 20.83 (2023.. 16.25). The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £48,871 (2023.. £42,190). 25

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) 11 Trustee remuneration and expenses, and related party transactions Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: nil). 12 Government grants and contracts The government grants recognised in the accounts were as follows.. 2024 2023 High Peak Borough Council Derbyshire County Council NHS Derby & Derbyshire CCG NHS Derby & Derbyshire ICB NHS Tameside & Glossop CCG NHS Tameside & Glossop CCG NHS Tameside & Glossop CCG NHS Tameside & Glossop ICB for Glossop Area NHS Greater Manchester ICB for Glossop Area DCMS 25,000 28,502 31,166 50,440 3,714 11,395 2,726 73,012 8,177 159 11,000 126,514 118,777 13 Corporation tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. 26

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) 14 Fixed assets: tangible assets Fixtures & fittings Office equipment Tota I Cost At l April 2023 Disposa Is 7,757 (5,243) 13,587 (13,587) 21,344 (18,830) At 31 March 2024 2,514 2,514 Depreciation At l April 2023 Charge for the year Disposals 7,757 13,587 21,344 (5,243) (13,587) (18,830) At 31 March 2024 2,514 2,514 Net book value At 31 March 2024 At 31 March 2023 15 Cash at bank and in hand 2024 2023 Short term cash investments (less than 3 month maturity date) Short term deposits Cash at bank and on hand 95,100 120,100 47,889 56,710 26,541 25,604 199,699 172,245 27

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) 16 Current asset investment 2024 2023 12 months fixed deposit 17 Debtors 2024 2023 Other debtors Prepayments and accrued income 53 6,416 19,666 5,687 6,469 25,353 18 Creditors: amounts falling due withln one year 2024 2023 Trade creditors Funds for groups Other creditors and accruals 667 200 8,669 4,009 22, 936 9,536 26,945 28

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) 19 Analysis of movements in restricted funds Balance at l April 2023 Balance at 31 March 2024 Income Expenditure Transfers Development programme Locality Grants P H Small Grants Social Connectedness Social Prescribing Social Eating Grants Community Development The National Lottery Community Fund Bereavement and Loss The National Lottery Community Fund Bereavement and Loss Covid 19 Legacy The National Lottery Community Fund Bereavement Services PCN Dev Bingham SP Comms PH DCC COVID Expenses C C & Nature Action Fund Living Well Co-ordi nator NAVCA Ukraine Publ ic Health Cost of Llvlng 5,469 5,469 1,568 9,000 (7,432) (487) (290,079) (1,268) (26,112) 476 1,319 1,268 li 289,481 721 32,384 6,272 3,763 203 (2,851) (1,115) 32,543 (20,294) (12,249) 103,815 28,391 (63,037) (28,391) (229) (17,489) (959) (6,054) (34,505) (6,565) (9,000) 13,364 54,142 1,285 14,086 959 1,056 11,597 15,000 6,980 926 46,000 4,753 9,000 11,495 1,812 Total 69,960 538,027 (514,752) li 93,246 29

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Analysis of movements in restricted funds (continued) Previous reporting period Balance at l April 2022 Balance at l April 2023 Income Expenditure Transfers Development programme Locality Grants P H Small Grants Social Connectedness Social Prescribing Social Eating Grants Community Development The National Lottery Community Fund - Bereavement and Loss The National Lottery Community Fund - Bereavement and Loss Covid 19 Legacy NA VCA EP VCS 5,469 3,858 12,377 10,230 1,268 5,469 9,000 3,666 165,593 (12, 858) (15,423) (174,504) (144) 476 1,319 1,268 34, 774 (38,417) 3,643 22,192 30,600 (49,029) 3, 763 24,598 887 21,417 (13,472) (887) (5,831) (421) (19,749) 32, 543 PCN Dev 5,831 Bingham SP Comms PH 1,706 18,835 965 1,285 14,086 959 6,980 15,000 DCC COVID Expenses C C & Nature Action Fund FD SP Bursary NA VCA COL Living Well NA VCA Ukraine 17,500 (10,520) (1,418) (11,002) (1,222) (2,941) 1,418 11,000 1,222 4, 753 1,812 Total 105,025 319,134 (357, 700) 3,501 69,960 30

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Analysis of movements in restricted funds (continued) Name of fund Description, nature and purposes of the fund Funded primarily by NHS Derby and Derbyshire ICB, High Peak Borough Council and Derbyshire County Council, to provide development support to voluntary and community groups across the High Peak. This includes, but not exclusively, funding support, group development, communications and governance. High Peak CVS also acts as the voice of the voluntary sector and actively participates in strategic and operational forums to influence decision makers from our statutory partners. We engage fully with our local community and present feedback to those in office that can influence change. National Lottery Community Funded from The National Lottery until July 2027. This is to maintain Fund - HPCVS Bereavement and develop the bereavement peer groups service providing safe, Service and The National facilitated, peer support for bereaved adults in the High Peak. Lottery Community Fund HPCVS Bereavement Service Covid 19 Legacy Social Connectedness Community Development Via Derbyshire County Council Public Health, High Peak CVS have been funded to lead on the Social Connectedness project (in partnership with the High Peak Alliance) to reduce the burden of social isolation within local communities. Tackling loneliness and isolation is a key priority across Derbyshire and in the High Peak and by developing an action group as part of the Health and Wellbeing Partnership allows us to work with colleagues in the voluntary, community and statutory sectors to identify needs and gaps and offer solutions to these issues via existing services. This funding covers a three year period from April 2019 to March 2022. Public Health Small Grants High Peak CVC administer the Public Health Small Grants Scheme which aims to offer help and support to local voluntary and community groups and organisations delivering activities and projects at grass roots level. All groups can access this funding that can show they come together to support the health and wellbeing of their community. Maximum allocation is £2000 per group. Funding from NHS England (CCG) via the Primary Care Network (PCN), social prescribing is a means of enabling GP surgeries to refer people to a social prescribing link worker. Link workers give people time, focusing on 'what matter5 to me, and taking a holistic approach to people's health and wellbeing. They connect people to local partners, community groups and agencies for practical and emotional support. Social Prescribing Locality Grants This funding is being held on behalf of Derbyshire County Council (DCC) Public Health as part of the High Peak Locality Fund that aims to support the health and wellbeing of the local community. The priorities set focus on mental health and wellbeing, increasing Physical Activity and Financial Inclusion. The funding is allocated to the strategic sub groups to develop existing services and identify gaps. 31

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) Social Eating Grants The social eating grant is held on behalf of Derbyshire County Council (DCC) Public Health and looks at promoting and engaging communal eating which has been proven to increase social bonding and feelings of wellbeing, and enhances one's sense of contentedness and embedding within the community. This fund will be aimed at local groups that encourage social eating through community cafes etc. NAVCA VCS Emergency Partnership This fund was set up in response to the Pandemic to allow local i nfrastructure organisations an opportunity to link into the National response and feedback local issues. The aim of this fund is to create a pro-active strategy for dealing with National Emergencies across the Voluntary Sector. In addition, we produced a Food Distribution Survey to engage with local providers such as Food Banks, Community Pantries, Luncheon Clubs and Community Cafes to understand the impact of the pandemic and how we can support these vital organ isations in the future. Bingham Trust Engagement Funding was allocated to our Social Prescribing service to allow Link Fund Workers to identify and support those referred to the Social Prescribing Project. The Engagement Fund will be used flexibly to provide one-off support to an individual to address a specific problem or overcome a barrier living in the Buxton, Derbyshire area only. Examples of how the fund are used include; transport to access services or groups, training, one off cleaning sessions, garden clearance, skip hire, minor repairs and small pieces of equipment which will have a major impact on living conditions. Working in partnership with Public Health, this funding was used to recruit a part time Communications Officer to look at developing links between the local community and messaging around the COVID-19 pandemic. Linking with community groups, businesses, individuals and services we created a two way communication network to feed in key public health messaging as well as acting as the voice for the local community around local issues and concerns. This has now developed into communicating key health messages across the network and directly into local communities. Public Health Community Messaging Partnership Comms PH DCC COVID Expenses Working alongside our colleagues in the High Peak Alliance, High Peak CVS managed this fund which allowed volunteer centres to claim expenses for their volunteers that were responding to the COVID-19 pandemic. NAVCA Cost of Living Fund Funded by the Department for Digital, Culture, Media and Sport (DCMS) and NAVCA this fund aims to support organisations that are directly supporting individuals affected by the Cost of Living Crisis. This includes supporting those to produce low cost food and to offer warm safe spaces for those that are affected by rising energy costs. In addition, this fund allows HPCVS to offer ongoing support to groups that support those most vulnerable through community development, funding and training. Funded by the British Red Cross (BRC) and NAVCA this funding allows HPCVS to research and understand the impact of the Ukraine crisis on our local community and voluntary groups and understand how we can better support in the future to ensure those that need help can access it and to ensure the local community and voluntary sector get the resources and support needed. NAVCA Ukraine Refugee Infrastructure Fund 32

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) PCN Development The recognition that Social Prescribing needs the support of the local VCSE sector to offer access to social groups and support, this funding allows us to target those groups directly that can link into the Social Prescribing service. This could involve advice and guidance, train ing, funding plus set up and support to empower our groups to deliver their essential services to those that need it the most. High Peak Borough Council The High Peak Community Climate Change Fund has been established Community Climate Change as part of High Peak Borough Council's efforts to tackle climate change. And Nature Action Fund The fund is intended to provide small grants to community-based organisations taking measures locally to tackle the climate emergency. HPCVS administer this fund on behalf of the Council. Living Well Co-ordi nator Living Well Co-ordinator - funded by NHS Derby & Derbyshire ICB, via Erewash Voluntary Action as the main contract holder, this role manages monthly meeting which will be delivered within High Peak and Derbyshire Dales. These meeting are to bring together the Community and Voluntary sector with mental health colleagues from the NHS, and Adult Social Care. Experts by experience and the Living Well Programme team. Living Well Collaboratives will be delivered by Living Well Co-ordinator who will work in collaboration with the Living Well Programme Team to bring together local networks and ambitious local leaders and organisations included as part of the Living Well Model. Public Health Cost of Living The Cost of Living Fund was funded by Derbyshire County Council Grants Public Health and administered by High Peak CVS. The aim was to help groups and organisations to support people in need during the cost of living crisis. Grants available up to £500. Transfers to restricted funds in respect of unrestricted income and overspends on projects from designated and unrestricted funds. 33

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) 20 Analysis of movement in unrestricted funds Balance at l April 2023 Asat31 March 2024 Income Expenditure Transfers General fund Designated funds Winding up reserve 55,693 32,910 (30,206) (5,011) 53,386 45,000 5,000 50,000 100,693 32,910 (30,206) (li) 103,386 Previous reporting period Balance at l April 2022 Asati April 2023 Income Expenditure Transfers General fund Designated funds Winding up reserve 62,841 38,667 (36,314) (9,501) 55,693 39,000 6,000 45,000 101,841 38,667 (36,314) (3,501) 100,693 Analysis of movement in unrestricted funds Name of unrestricted fund Description, nature and purposes of the fund General fund Arts & Creative Businesses The free reserves after allowing for all designated funds Income generated by this project. Winding up reserve Funds designated for the 'possible winding down costs, of the company and redundancies. 34

High Peak CVS Notes to the accounts for the year ended 31 March 2024 (continued) 21 Analysis of net assets between funds General fund Designated funds Restricted funds Tota I Tangible fixed assets Net current assets/(liabilities) 53,386 50,000 93,246 196,632 Total 53,386 50,000 93,246 196,632 22 Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods.. Property Equipment 2024 2023 2024 2023 Less than one year 350 120 120 350 120 120 23 Reconciliation of net movement in funds to net cash flow from operating activities 2024 2023 Net income/(expenditure) for the year Adjustments for: Dividends, interest and rents from investments Decrease/lincrease) in debtors Increase/(decrease) in creditors 25,979 (36,213) (4,015) 18,884 (17,409) (2,671) (23,107) (2,008) Net cash provided by/(used in) operating activities 23,439 (63,999) 35