Company Number: 4600635 Charity Number: 1096462 High Peak CVS Report and Financial Statements for the year ended 31 March 2025
High Peak CVS Report and Financial Statements for the year ended 31 March 202 5 Contents Page Reference and Administrative Information Trustees Annual Report 12 Independent Examiner's Report 13 Statement of Financial Activities 14 Balance Sheet 16 Notes to the Accounts
High Peak CVS Reference and Administrative Information for the year ended 31 March 2025 Company number 4600635 Charity number 1096462 Registered office and operational address Dunbar House, 105 Buxton Road, Whaley Bridge 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 Sandra Higgins Carol Evans Sue Howard Emily Williams Nicholas Mills Stephen Eccleston Sandra Schofield Louise Carrington Chair Treasurer Resigned 26.09.24 Resigned 27.03.25 Appointed 18.07.24 Appointed 25.02.25 Honorary Officers Cllr Neville Clarke HPBC Chief Executive Officer James Bromley Ross Burnage Resigned 14.06.24 Appointed 12.08.24 The Chief Executive Officer is appointed as Company Secretary. Bankers Unity Trust Bank P O Box 7193, Planetary Road, Willenhall, WVI 9DG Independent Examiner Jennifer Daniel FCCA DChA Slade & Cooper Limited Beehive Mill, Jersey Street, Ancoats, Manchester, M4 6JG
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 The Trustees present their report and the unaudited financial statements for the year ended 31st March 2025. Included within the Trustees, Report is the Directors Report as required by company law. Reference and administrative information set out on page I 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 communityi in particular but not exclusivelyi 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 povertyi 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 2025 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 and 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 and Hope Valley) to assist people to explore 'what matters to them,. Through signposting and supporting clients to access groups, services and opportunities available to them locally social prescribers address the wider determinants of health and wellbeing. Operational The ongoing financial climate continues to impact individuals and communities across our district. Groups are experiencing an increase in demand on the services that they provide, exacerbated by the reduction in statutory social and health provisions. Our Group Development Team see a high number of support requests from previously established groups who are now struggling with funding and organisational capacity. Referrals into the Social Prescribing Service have become more complex and with greater social care and mental health needs as thresholds for statutory services have increased. More time is being spent on initial triage, assessing risk and advocating for statutory involvement than previously. The bereavement service has increased the number of groups it provides and is working on sustainability options in preparation for funding reductions and the end of the National Lottery grant. Core costs for the organisation continue to increase meaning funds are being stretched more than ever, this continues to be a significant challenge for High Peak CVS and the wider Voluntary and Community Sector to meet the increased financial pressures to run an effective service. During this year we have seen a change in leadership at High Peak CVS as James Bromley moved onto a new role within Derbyshire and Ross Burnage joined us in August as our new CEO. Funding Core funding in 2024-25 was provided by Derbyshire County Council, High Peak Borough Council and NHS Derby and Derbyshire Integrated Care Board, we have however been informed after a review that the Derbyshire County Councils funding will not continue in 2025-26. Although all funding is appreciated, the one-year term of the remaining agreements makes future planning difficult and contributes to uncertainty for both High Peak CVS, our staff and communities. The sector would benefit from the stability provided by longer-term commitments to funding.
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 Funding cuts across Local Authority and Government contracts is continuing to add operational risk to many of our services, and those of our members. The loss of key statutory services such as the closure of local day centres is increasing the demand for our services and those provided by our members. Our Bereavement Service is funded through the National Lottery Community Fund, the grant tapers significantly from August 2025. We are working on sustainability opportunities to ensure this service can continue to support High Peak residents after 2027. Our Social Prescribing service operates across the High Peak (excluding Glossop and Hope Valley) and continues to grow including the addition of a Young Persons team. This service is funded through the Local Primary Care Network utilising ARRS budgets (from NHS England). ARRRS funding also contributes towards a Group Development post due to the success of Social Prescribing service relying on a vibrant and varied voluntary and community sector. Alongside our key funding and those mentioned above, we have received support from additional funders including Foundation Derbyshire and Derbyshire County Council Public Health which has aided in our ability to continue to support our members, local groups and communities during a financial and operationally difficult year. Networking and Representation High Peak CVS represents and advocates for the High Peak voluntary sector in a number of strategic policy forums such as the Derby and Derbyshire Infrastructure Alliance (DDIA), PLACE Alliance, Derbyshire Resilience Partnership, 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. CVS organises and chairs the Community Voice meetings, which are a chance for High Peak voluntary and community groups to come together to receive information from the CVS and share their own news, opportunities and challenges. These sessions facilitate networking and peer support between the VCSE sector while statutory organisations are invited when the information is relevant to them or they have something pertinent to contribute. Being present in these forums and meetings ensure that the voice of the High Peak and wider VCSE groups are presented and considered when plans and priorities are discussed. It is essential that the voluntary sector are included from the earliest opportunities and High Peak CVS'S presence allows US to advocate and campaign for this.
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 Community Development Our Community Development continues to be the foundation which our other projects are built upon. The support it provides to local voluntary and community groups has never been more crucial as the demand for services increases. We offer support to both our members as well as groups who haven't yet joined, the groups may be new or well established groups reacting to a recently identified need in their community. We offer a comprehensive support package that includes (but not exclusively) promotion, newsletters, funding advice and I to I support and signposting to help develop and sustain our local groups. During this period we have supported on average 79 different groups per quarter, directly assisted in 31 funding applications and helped 20 new groups. 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. Social Prescribing The Social Prescribing service enables GP surgeries and selected other partners to refer people to a social prescribing link worker. Link workers give people time, focusing on 'what matters to them, and taking a holistic approach to the wider determinants of health and wellbeing. Social Prescribers connect people to local partners, community groups and agencies for practical and emotional support. 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. 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. This year Social Prescribing has widened the referral pathways to allow selected other partners to refer clients, increasing the reach of the service while still retaining its GP/PCN focus. Following discussions with the PCN who highlighted an increase in young people presenting to their GP'S with social and emotional needs, we have established a young person's service which see clients from age 14 to 18. Between April 2024 and March 2025, the service received a total of 598 referrals which led to a total of 9102 interactions with clients with clients including face to face, telephone and other means of communication. Following our support, we saw a 620/0 reduction in GP appointments by our clients (3- month pre vs 3 months post Social Prescriber involvement) reducing need by over 1900 appointments.
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 Bereavement Support Groups Our bereavement groups, funded through the National Lottery Community Fund, offer support to adults who are dealing with the effects of grief. Our unique model provides facilitated, face-to-face peer support provided by a Bereavement Lead and Bereavement Support Worker. Alongside the staff we recruit, train and supervise a small team of dedicated volunteers to support the groups. We continue to welcome the majority of our referrals directly from those bereaved themselves and their relatives but also see referrals from GP surgery staff, social care, mental health services and counselors. In addition referrals from other bereavement services such as CRUSE and local hospices are welcomed. This year we have built relationships with local funeral homes to develop specific information and events to support the recently bereaved. This forms part of our ongoing plans to make the service sustainable at the end of the Lottery funding. We are currently working with a consultant to look at a range of options to ensure that the service can continue to support those experiencing grief after August 2027. During this period we ran five groups across the High Peak including a new daytime offering and received 134 new referrals, ran 114 groups which supported a total 639 group attendances. Living Well Derbyshire High Peak CVS were part of a wider consortium including Erewash Voluntary Action (contract holders) and Derbyshire Voluntary Action who organised and facilitated local Living Well Collaborative forums. These collaboratives brought together voluntary and community groups, members of the public, those with lived experiences and statutory services to contribute to the development and improvement of community mental health services. High Peak CVS'S Locality Coordinator managed two collaborative forums one in the High Peak and separate Derbyshire Dales collaborative. The coordinator's role was to help support the transition to a new Mental Health approach through facilitating conversations, encouraging and recording feedback and suggestions and then ensuring that information was received and heard by decision makers within the Living Well team at CMHT. This funding and project ended in March 2025 AGM The AGM held on 13th November 2024 saw a fantastic turnout of members to celebrate the achievements of High Peak CVS and its members and look forward to the year ahead. The AGM saw talks from our new CEO and Hummingbirds HUB and the presentation of the Compton Woodcock award to Survive and Thrive.
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 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. Although a member's organisation we support and advocate for all VCSE organisations and the community of the High Peak. Financial review Principal funding sources Our infrastructure grant funders, providing funding towards our administration, representation, and management function ('Core costs,) were High Peak Borough Council, Derbyshire County Council (DCC), 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, although the withdrawal of DCC discretionary funding for the 2025-26 was confirmed. We have received additional funding for specific services such as the bereavement groups through the National Lottery and Social Prescribing through NHS England via the local PCN, and these proportionately contribute to the above functions. Other income sources included administering Public Health Small Grants programme and High Peak Borough Council Climate Change funding and the start of Social Connect, a project to reduce loneliness and social isolation in Fairfield and the Hope Valley by connecting people to available local services and groups. 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. Reserves Policy High Peak CVS will aim to maintain a winding up reserve to cover a minimum of six months core running costs, which will enable it to: meet its statutory and moral obligations towards members of staff in the case of redundancyi sickness or maternity or similar eventualities. be able to meet its obligations towards creditors in the event of the dissolution of the organisation; ensure continuity of service in the eventuality of gaps in funding caused by late payment; ensure that core activity can continue during a period of unforeseen financial difficulty; and fund innovative or developmental projects that will lead to the enhancement of the organisation's services and contribute to the long term sustainability of the organisation. 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 £233,349 (2024: 196,632) comprising restricted funds of £96,456 (2024: £93,246) and unrestricted funds of £136,893 (2024: £103,386).
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 Plans for the future With the current economic uncertainty, the upcoming Local Government reorganisation and the changes in health authority structures we are working to ensure we are ready and best placed to meet the current and future needs of our members, the VCSE sector and our local communities. In the increasingly competitive funding landscape, we are endeavoring to be financially stable and remain able to deliver the range of services required by High Peak voluntary and community groups. We will look at new and creative ways to access funding to ensure our ongoing sustainability and impact. We will actively expand and develop into areas where: l. 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 in the High Peak and those across Derbyshire, looking at ways we can share resources, deliver projects and services over a wider area and campaign with a common message of the value and importance of the VCSE sector. 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 2025 was 143. 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 I I 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
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 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. 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.. Toil Policy Compassionate Leave Policy Roles and Responsibilities of Trustees Bullying & Harassment Policy Expenses Policy Employing Ex-offenders Conflict of Interest Policy Reserves Policy
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 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 1st April 2024 to 31st March 2025:_ Glossop LGBT+ Group - they provide support and social opportunities for LGBT+ people in Glossop and High Peak. Walkie Talkies Enables people living with breast cancer to access free Nordic Walking Sessions. 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. st As at 31 March 2025 the only balance was Walkie Talkies the balance of Fund for Groups was £22.72. io
High Peak CVS Trustees. Annual Report for the year ended 31 March 2025 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. 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 subjett to the small companies 'regime of the Companies Act 2006. The trustees, annual report has been approved by the trustees on 12/11/2025 and signed on their behalf by Karen Rigg Chair li
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 31st March 2025 which are set out on pages 13 to 33. 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 settion 145 of the 2011 Act. I confirm that l 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: 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 12/11/2025 12
High Peak CVS Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2025 Unrestricted funds Restricted funds Total funds 2025 Total funds 2024 Note Income from: Donations and legacies 1,840 2,117 3,957 2,227 Cha ritable activities: Development Programme 29,236 589,996 619,232 561,874 Other trading activities 4,110 3,900 8,010 2,820 Investments 4,052 4,052 4,015 Total income 39,238 596,013 635,251 570,936 Expenditure on: Cha ritable activities: Development Programme 5,371 593,162 598,534 544, 957 Total expenditure 5,371 593,162 598,534 544,957 Net income/(expenditure) for the year 33,867 2,851 36,717 25,979 Transfer between funds (360) 360 Net movement In funds for the year 33,507 3,211 36,717 25,979 Reconciliation of funds Total funds brought forward 103,386 93,246 196,632 170,653 Total funds carried forward 136,893 96,457 233,349 196,632 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 2025 Note 2025 2024 Fixed assets Tangible assets 14 Total fixed assets Current assets Debtors Cash at bank and in hand 15 16 21,475 242,761 6,469 199,699 Total current assets 264,236 206,168 Liabilities Creditors: amounts falling due in less than one year 17 (30,887) (9, 536) Net current assets 233,349 196,632 Total assets less current liabilities 233,349 196,632 Net assets 233,349 196,632 The funds of the charity: Restricted income funds Unrestricted income funds 18 96,456 136,893 93,246 103, 386 19 Total charity funds 233,349 196,632 These accounts a prepared in accordance with the special provisions ot part 15 ot 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 33 form part of these accounts. Approved by the trustees on 12 November 2025 and signed on their behalf by: Karen Rigg (Chair) Sandra Higgins (Treasurer) 14
High Peak CVS statement of Cash Flows for the year ending 31 March 2025 Note 2025 2024 Cash provided by/{used in) operating activities 22 39,010 23,438 Cas17 flows from investing activities.. Dividends, interest, and rents from investments 4,052 4,015 Cash provlded by/{used In) Investlng actlvltles 4,052 4,015 Increase/(decrease) in cash and cash equivalents in the year 43,062 27,453 Cash and cash equivalents at the beginning of the year 199,699 172,246 Cash and cash equivalents at the end of the year 242,761 199,699 15
High Peak CVS Notes to the accounts for the year ended 31 March 2025 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice. 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 going concern basis 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 porting 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 measUd 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. 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. 16
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) 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 Davable bv the Bank. f Fund accounting Unrestricted funds a available to spend on artivities 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 payment to a third partyf It is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activitv headinas: Costs of raising funds. Expenditure on charitable activities. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. h Allocation of support costs Support costs are those functions that assist the work of the charity but do not direttly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on cha ritable activities. i Operating leases Operating leases are leases in which the title to the assets, and the risks and rewards of ownershipi remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease. 17
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) j Tangible fixed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Office furniture and equipment Office equipment 4 years 3 years 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 fnr anv tradp. flisrniints diip. n Financial instruments The charity only 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest mgthnrl o 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 outstandina contributions at the vear end. 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. 18
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Income from donations and legacies Current reporting period Unrestricted Restricted Total 2025 Donations 1,840 2,117 3,957 Total 1,840 2,117 3,957 Previous reporting period Unrestricted Restricted Total 2024 Donations 138 2,089 2,227 Total 138 2,089 2,227 Income from charitable activities Current reporting period Unrestricted Restricted Total 2025 Development Programme Department for Work and Pensions Derbyshire County Council Adult Care Derbyshire County Council Social Connect Derbyshire County Council - Policy Foundation Derbyshire Assist Learning Fund Infrastructure Foundation Derbysire Freemasons Derbyshire Social Prescribing Bursaries High Peak Borough Council High Peak Borough Council - Climate Change High Peak Borough Council - Energy Grant High Peak Health and Wellbeing Partnership National Lottery Community Fund Bereavement Service NHS Derby & Derbyshire ICB NHS Derby & Derbyshire ICB - Signposting NHS Derby & Derbyshire ICB - via Erewash Voluntary Action NHS England via High Peak & Buxton Primary Care Network - PCN Development NHS England via High Peak & Buxton Primary Care Network - Social Prescribing 1,011 2,062 1,011 4,124 24,000 15,378 2,062 24,000 7,689 7,689 6,000 6,000 1,000 5,000 20,000 15,000 9,000 1,000 10,000 20,000 15,000 9,000 5,000 96,684 12,246 1,228 96,684 24,492 2,456 12,246 1,228 48,320 48,320 28,430 28,430 313,337 313,337 Total 29,236 589,996 619,232 19
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Income from charitable activities . continued Previous reporting period Unrestricted Restricted Total 2024 Development Programme British Red Cross & NAVCA - Ukraine Infrastructure Derbyshire County Council Adult Care Derbyshire County Council - Policy High Peak Borough Council High Peak Health and Wellbeing Partnership National Lottery Community Fund Bereavement Service NHS Derby & Derbyshire ICB NHS Derby & Derbyshire ICB - Signposting NHS Derby & Derbyshire ICB - via Erewash Voluntary Action NHS England via High Peak & Buxton Primary Care Network Public Health Community Messaging 4,753 2,062 7,689 5,000 18,000 4,753 4,124 15,378 10,000 18,000 2,062 7,689 5,000 103,735 11,821 1,185 103,735 23,642 2,370 11,821 1,185 47,000 47,000 317,872 15,000 317,872 15,000 Total 27,757 534,117 561,874 Income from other trading activities 2025 2024 Bereavement Service Management fees Membership fees 150 7,500 360 2,000 820 8,010 2,820 Restricted Unrestricted 3,900 4,110 1,820 1,000 8,010 2,820 20
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Investment income Current reporting period Unrestricted Restricted 2025 Income from bank deposits 4,052 4,052 4,052 4,052 Previous reporting period Unrestricted Restricted 2024 Income from bank deposits 4,015 4,015 4,015 4,015 All of the charity's investment income arises from money held in interest bearing deposit accounts. Analysis of expenditure on charitable activities Current reporting period Staff Costs Administration Total 2025 Bingham SP C C & Natu Action Fund Comms PH Community Development DCC COVID Expenses Energy Fund Foundation Derbyshire Assist Learning Fund Infrastructure Foundation Derbysire Freemasons Derbyshire Social Prescribing Bursaries Living Well National Lottery Community Fund HPCVS Bereavement Service 2024 PCN Development Public Health Cost of Living Grants Public Health Small Grants Social Connectedness Social Eating Social Prescribing Core Leadership 407 10,781 1,077 2,477 407 10,781 11,597 40,884 10,520 38,407 15,000 15,000 3,925 3,925 183 3,741 183 57,495 53,754 84,022 28,430 15,076 99,098 28,430 10,568 10,568 737 737 297,560 878 16,498 4,493 314,058 5,371 518,233 80,301 598,534 21
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Analysis of expenditure on charitable activities . continued Previous reporting period Staff Costs Administration Total 2024 Bingham SP British Red Cross & NAVCA Ukraine Infrastructure C C & Nature Action Fund Comms PH Community Development DCC COVID Expenses Living Well National Lottery Community Fund HPCVS Bereavement Service HPCVS Bereavement Service Covid 19 HPCVS Bereavement Service 2024 PCN Development Public Health Cost of Living Grants Public Health Small Grants Social Connectedness Social Eating Social Prescribing Core Leadership 228 228 6,565 6,565 6,054 17,489 26,112 959 34,505 6,054 1,068 3,173 959 2,857 16,421 22,939 31,648 412 16,284 55,442 28,391 2,439 4,010 7,595 2,851 20,294 63,037 28,391 9,000 7,432 487 1,268 290,077 30,208 9,000 7,432 12 1,268 14,971 2,489 475 275,106 27,719 481,402 63,555 544,957 2025 2024 Restricted expenditure Unrestricted expenditure 593,162 5,371 514,751 30,206 598,533 544,957 Analysis of governance costs Current reporting period Basis of apportionment Total 2025 Total 2024 Staff costs Independent Examiner's Fees Time spent Governance 2,817 900 2,685 900 3,717 3,585 22
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Net income/(expenditure) for the year This is stated after charging/(crediting): 2025 2024 Operating lease rentals: Property Independent examiner's fee 4,200 900 4,200 900 10 staff costs Staff costs during the year were as follows: 2025 2024 Wages and salaries Social security costs Pension costs 460,453 34,476 23,304 431,554 30,894 18,955 518,233 481,403 Allocated as follows: Charitable activities Governance costs 515,416 2,817 478, 717 2, 686 518,233 481,403 No employee has employee benefits in excess of £60,000 (2024: Nil). The average number of staff employed during the period was 21 (2024: 21). 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 £37,574 (2024: £42,190). 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 (2024: 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 (2024: nil). 23
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) 12 Government grants The government grants recognised in the accounts were as follows: 2025 2024 Department for Work and Pensions Derbyshire County Council High Peak Borough Council NHS Derby & Derbyshire ICB NHS England 1,011 19,502 78,000 75,269 341,767 28,502 25,000 73,012 289,481 515,549 415,995 13 Corporation tax I ne cnariiy Is exempi rrom lax on Income ana gains railing witnin Lnapier J or vart li or tne 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. 14 Fixed assets: tangible assets Fixtures and Fittings Cost At l April 2024 2,513 At 31 March 2025 2,513 Depreciation At l April 2024 2,513 At 31 March 2025 2,513 Net book value At 31 March 2025 At 31 March 2024 24
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) 15 Debtors 2025 2024 Grants receivable Prepayments and accrued income 20,000 1,475 53 6,416 21,475 6,469 16 Cash at bank and in hand 2025 2024 Short term cash investments (less than 3 month maturity date) Short term deposits Cash at bank and on hand 95,100 74,732 72,929 95,100 47,889 56,710 242,761 199,699 17 Creditors: amounts falling due within one year 2025 2024 Funds held on behalf of members Trade creditors Taxation and social security costs Other creditors and accruals Deferred income 23 1,198 8,766 900 20,000 200 667 7,769 900 30,887 9,536 25
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) 18 Analysis of movements in restricted funds Current reporting period Lsaiance ar l April 2024 aiance ai 31 March 2025 Income Expenditure Transfers Development programme Bingham SP 1,056 (407) 649 C C & Natu Action Fund 926 20,000 (10,781) 10,145 Comms PH 11,597 Community Development (11,597) 6,272 34,252 (40,884) 360 Energy Fund 15,000 (15,000) Erewash Mental Health Grant 1,320 Foundation Derbyshire Assist Learning Fund Infrastructure 1,320 6,000 Foundation Derbyshire Freemasons Derbyshire Social Prescribing Bursaries (3,925) 2,075 1,000 (183) 817 Living Well 11,495 46,000 (57,495) Locality Grants 5,469 National Lottery Community Fund HPCVS Bereavement Service 2024 54, 142 97,674 5,469 (99,098) 52,718 PCN Development 28,430 (28,430) Public Health Cost of Living Grants Public Health Small Grants 1,568 9,000 (10,568) Social Connectedness 24,000 (737) 23,263 Social Eating Social Prescribing 721 313,337 (314,058) Total 93,246 596,013 (593,163) 360 96,456 26
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Analysis of movements in restricted funds ... continued Previous reporting period t5aiance ar l April 2023 aiance ai 31 March 2024 Income Expenditu Transfers Development programme Bingham SP 1,285 (229) 1,056 C C & Natu Attion Fund 6,980 (6,054) 926 Comms PH 14,086 Community Development 15,000 (17,489) 11,597 32,384 (26,112) 6,272 DCC COVID Expenses 959 (959) Living Well 46,000 (34,505) 11,495 Locality Grants 5,469 National Lottery Community Fund HPCVS Bereavement Service 3,763 203 HPCVS Bereavement Service Covid 19 32,543 HPCVS Bereavement Service 2024 103,815 5,469 (2,851) (1,115) (20,294) (12,249) (63,037) 13,364 54,142 NAVCA & British Red Cross Ukraine Infrastructure 1,812 4,753 (6,565) PCN Development 28,391 (28,391) Public Health Cost of Living Grants 9,000 (9,000) Publlc Health Small Grants 9,000 (7,432) 1,568 Social Connectedness 476 (487) li Social Eating 1,268 (1,268) Social Prescribing 1,319 289,481 (290,079) 721 Total 69,960 538,027 (514,752) 11 93,246 27
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Analysis of movements in restricted funds ... continued Name of restricted fund Description, nature and purposes of the fund Bingham SP Funding was allocated to our Social Prescribing service to allow Link 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 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. C C & Nature Artion Fund The High Peak Community Climate Change Fund has been established as part of High Peak Borough Council's efforts to tackle climate change. 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. Comms PH 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. Community Development 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. 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. 28
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Analysis of movements in restricted funds ... continued Name of restricted fund Description, nature and purposes of the fund Erewash Mental Health Grants Funding was provided from NHS Derby and Derbyshire ICB (through Erewash Voluntary Action) to promote and support organisations to apply for the Mental Health Fund. The objective of this fund is to enable local voluntary and community groups and organisations to improve or extend their work supporting Derby and Derbyshi residents aged 18 plus to maintain good mental health, Foundation Derbyshire - Asist Learning Fund & Infrastructure Funding for 2 years to support and enable delivery of the Community Development services within the High Peak, including but not limited to support for individuals in small groups to establish new not for profit groups, support for established groups to run effectively and efficiently and supporting groups in applications to Foundation Derbvshire for fundina. Foundation Derbyshire S P Bursaries This funding was allocated to our Social Prescribing service to allow Link Workers to identify and support those ferred to the Social Prescribing Project. The Freemasons Derbyshire Fund will be used flexibly to provide one-off support to an individual to address a SDecific Droblem or overcome a barrier. High Peak Borough Council Community Energy Grants The High Peak Community Energy Efficiency Fund has been established as part of High Peak Borough Council's efforts to tackle climate change. The fund is intended to provide small grants to community-based organisations taking measures locally to tackle climate emergency. HPCVS administer this fund on behalf of the Council. Living Well Living Well Collaborative Co-ordinator - funded by NHS 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. 29
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 wellbeingi increasing Physical Activity and Financial Inclusion. The funding is allocated to the strategic sub groups to develop existing services and identifv aaps. National Lottery Community Fund Funded from The National Lottery until July 2027. This is HPCVS Bereavement Service to maintain and develop the bereavement peer groups service providing safe, facilitated, peer support for bereaved adults in the Hiah Peak. NAVCA & British Red Cross Ukraine Infrastructure 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. 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, trainingi funding plus set up and support to empower our groups to deliver their essential services to those that need it the most. Public Health Cost of Living Grants The Cost of Living Fund was funded by Derbyshire County Council 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. 30
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) Analysis of movements in restricted funds ... continued Name of restricted fund Description, nature and purposes of the fund 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 £2,000 per group. Social Connett Funding provided by Derbyshire County Council Public Health from Ottober 2024 for one year. To organise and facilitate events and activities to promote residents awareness and engagement with services in their local area. This work is to focus on Fairfield in Buxton and the High Peak Section of the Hope Valley. Social Connectedness 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 voluntaryi 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. Social Eating 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 throuqh community cafes etc. Social Prescribing 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 matters 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. 31
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) 19 Analysis of movement in unrestricted funds Current reporting period L5aiance at l April 2024 Asat31 March 2025 Income Expenditure Transfers General fund Designated funds: Winding up reserve 53,386 39,238 (5,371) (360) 86,893 50,000 50,000 103,386 39,238 (5,371) (360) 136,893 Previous t5aiance reporting period at l April 2023 Asat31 March 2024 Income Expenditu 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) (11) 103,386 Name of unrestrlcted fund Description, nature and purposes of the fund General fund The free reserves after allowing for all designated funds. Winding up reserve Funds designated for the 'possible winding down costs, of the company and redundancies. 32
High Peak CVS Notes to the accounts for the year ended 31 March 2025 (continued) 20 Analysis of net assets between funds Current reporting period General fund Designated funds Restricted funds Total Tangible fixed assets Net current assets/( l labilities) 86,893 50,000 96,456 233,349 Total 86,893 50,000 96,456 233,349 Prevlous reportlng perlod General fund Designated funds Restricted funds Total Tangible fixed assets Net current assets/( l labilities) 53,386 50,000 93,246 196,632 Total 53,386 50,000 93,246 196,632 21 Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating leases is Property Equipment 2024 2025 2024 2025 Less than one year 1,224 167 120 1,224 167 120 22 Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Net income/(expenditure) for the year Adjustments for: Dividends, interest and rents from investments Decrease/(increase) in debtors Increase/(decrease) in creditors 36,717 25,979 (4,052) (15,006) 21,351 (4,015) 18,884 (17,410) Net cash provided by/{used in) operating 39,010 23,438 33