Company Number: 4666277 Charity Number: 1097655 ## New Mills and District Volunteer Centre Report and financial statements For the year ended 31 March 2025 New Mills and District Volunteer Centre ## Reference and administrative information for the year ended 31 March 2025 **Company number** 4666277 **Charity number** 1097655 **Registered office and operational address** 33-35 Union Road, New Mills, High Peak, SK22 3EL **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: Tony Ashton Chair Liz Treacy Vice Chair Hazel Body Treasurer Gill Christian Anne Clarke Rodney Gilmore Doris Higginbotham David King Ian Robertson Dorothy Scapens Sue Stringer **Key management** Mark Allen Centre Manager **personnel** Hannah Kitson Community Transport Coordinator Lorna Young Marketing and Groups Coordinator Fiona Stanier Befriending Coordinator Julie Slack Office Administrator Jeanette Howard Caretaker/Cleaner **Bankers** The Co-operative Bank, Delph House, Skelmersdale, WN8 6WT Cambridge & Counties Bank, Charnwood Court, Leicestershire, LE1 6TE The Vernon Building Society, 19 St. Peters Gate, Stockport, Cheshire, SK1 1HF United Trust Bank, Ropemaker Street, London, EC2Y 9AW **Independent** Jennifer Daniel FCCA DchA Slade & Cooper Limited **examiner** Beehive Mill, Jersey St, Ancoats, Manchester, M4 6JG 1 New Mills and District Volunteer Centre ## Trustees’ annual report ## for the year ended 31 March 2025 The trustees present their report and the unaudited financial statements for the year ended 31 March 2025. 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** The objective of the Volunteer Centre is to promote charitable purposes for the benefit of the residents of New Mills and district by associating together volunteers in a common effort to relieve poverty, sickness, and distress through: 1. Promoting volunteering 2. The provision of a volunteer centre. 3. Giving advice and support to volunteers The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The trustees are responsible for maintaining the Volunteer Centre and employing a team of staff which is sufficient to deliver the services to our volunteers and clients. During the past year, we have ensured a high quality service for volunteers, clients and socially isolated people in New Mills and district. The Volunteer Centre has offered advice and support to volunteers and we continue to use our resources carefully to ensure that we can continue to provide a focal point within our community as well as adapting our activities to meet the ever changing needs of our clients. 2 ## New Mills and District Volunteer Centre ## Trustees’ annual report for the year ended 31 March 2025 ## **Chair’s Report** Given this year's accounts, it may seem strange that both the Manager's and Chair's reports make reference to our funding concerns. During the year we discovered that the County Council was cutting funding to charitable organisations including ourselves with other grants also in jeopardy, furthermore the minibus, which is an integral part of many services, will need replacing in coming years. However, we unexpectedly received a bequest from a former client and Mark secured a large grant for our Befriending service enabling us to further protect the Centre's services from any immediate drop in funding. Our resilient financial position has been established over time thanks to the work of so many and under the stewardship of our treasurer Hazel and Doris her predecessor. With regard to the minibus (and our resilience), in the past we have, from time to time, suffered from a shortage of volunteer drivers but this year Ian has undertaken a course so that he is able to train drivers that are inexperienced in driving a minibus. During the year Trustees have renewed the Centre's business plan which will progressively be reviewed and updated, I would encourage people to read our plan as it says so much about the Centre and how we plan to move forward. So, another good year for NMVC as we continue "to punch above our weight" in terms of the number of clients for the size of our budget and increasingly reaching a wider area. As always we are indebted to our staff, volunteers and supporters and I think the Centre reflects the community values of our area. ## **Tony Ashton** 3 New Mills and District Volunteer Centre ## Trustees’ annual report for the year ended 31 March 2025 ## **Achievements and performance** ## Volunteering The charities main activities focus upon delivering volunteer-led help to people in the local community in need of support that is not provided by statutory authorities. We have grown our volunteer numbers to 345, who have given 12,169 hours towards achieving our aim, all benefiting the community the equivalent of £139,213 worth of wages at minimum wage. We have trained 43 volunteers this year to support them in being able to carry out their volunteering safely and effectively. ## Transport to medical appointments Our volunteers have driven 2016 journeys (including return trips) for members of the community who are unable to attend medical appointments via public transport or other means for one reason or another. The scheme has saved the NHS approximately £101,600 in missed appointments. ## Befriending We have 40 befrienders supporting 43 clients how have contributed 2493 hours, with 1513 interactions over the year including both in person interactions such as home visits and remote interactions such as telephone calls. ## Shopping trips We have doubled the number of weekly shopping trips this year. We made 88 shopping trips for clients to local supermarkets on our minibus. In total clients have made 608 trips to the shops who would have otherwise struggled to be able to get there to access those essential provisions. The Minibus has travelled a total of 6724 miles supporting our community. ## Groups We’ve run 320 group sessions all aimed at connecting people and alleviating loneliness and social isolation. The groups we have run throughout the year have included our Acoustic Soup, Chair Based Exercise, Knit & Natter, Digital Skills Training, Kinder Social Club and Friday Lunch Club. These sessions have all been well attended with 3145 attendances at these groups. ## Signposting During the last year we dealt with 4686 enquiries about our various services and request from client about other services and needs. We have signposted 684 times linking clients with other services and providers to ensure that their needs are met. ## Health Walks This year we started a series of walks throughout the summer to some of the beauty spot in the High Peak and surrounding countryside. We were able to do these walks due to a generous legacy donation which enabled our staff to be trained and to pay for the minibus to take the walkers out to the locations. In total 68 people attended the 6 walks. ## Client Christmas Meal To finish the calendar year and to celebrate Christmas we once again held a client Christmas meal it was a wonderful event where our team of staff and volunteers put on a Christmas meal for 80 clients. ## Adult Autism Group In January following some engagement work carried out by Dr Jafri from Sett Valley Medical Centre and a focus group, we linked up with Zink to host regular support sessions for adults with autism. The group is designed to be a casual safe space where adults can come to discuss life as an autistic adult with other neurodiverse individuals. We supported 16 individuals from January to March. 4 ## New Mills and District Volunteer Centre ## Trustees’ annual report ## for the year ended 31 March 2025 ## **Financial review** This financial year the Charity had a surplus of £27,952 (2023/2024 £2,448). The value of the COIF Charities Investment Fund Units decreased by £4,547.70 making the units held worth £93,058.83. These fund units cannot be sold, they are held in Trust for the District Nurses Fund, only the dividends paid each year can be used for the benefit and wellbeing of the users of the charity according to strict criteria, this year the dividends from these units was £2,645.58. The balance available at the year end is £8,919. This year we have received continuation funding from Derbyshire County Council of £21,763, and £9,100 for Active Travel. From NHS Derby and Derbyshire Group Integrated Care System we received £21,694 and £3,237 for signposting. This year High Peak Borough Council gave us £5,000, we also received £5,000 from the Masonic Charitable Foundation, £5,568 from Public Health’s Social Connectedness towards befriending, £20,000 from The National Lottery, Awards for All Grant, £2,000 from the Derbyshire Community Fund, £3,500 from D’Oyly Cart Charitable Trust towards running Acoustic Soup and Kinder Social and £12,500 from the Royal Countryside Fund to help run the Community Mini-bus. We also received £16,276 towards befriending and £6,648 towards core costs from The Big Lottery, this was our share of a three year funding grant awarded jointly to us, The Bureau (Glossop) and Connex (Buxton). The Social and Fundraising and Regular Funding Committees continued to be well supported by the volunteers, local businesses and the general public and have raised £13,737. There have been many different events, these include our annual Garden Sale raising £1,126, the Golf Day £1,022, Handicraft sales £1,508, Quiz Nights £1,056, Coffee Mornings £1,510, Car Boot sales £1,029, Kinder Blues Jazz Concert £643, Lazlo Baby Concert £730, Doug and Paul Concert £659, Fashion Show £696 and numerous smaller events including the Christmas Concert, Craft Fair, New Mills Carnival and One World Festival. Unfortunately, we had to cancel the Annual Plant Sale, not enough plants were available to sell due to bad weather, but we would like to thank Suez Recycling who donated £400 instead of the compost that they usually donate to the plant sale. From the Community Lottery we received £1,590. The Josh Webb Memorial Golf Day raised £990, organised by Simon Webb in memory of his son, who kindly donated the money to the Centre to help Finance our befriending services. We received donations of £7,000 from Kelsa Trucks, £1,000 from Swizzles Matlow, £300 from the High Peak Mayor, £250 from Whaley Uniting Church, together with other generous donations, the total received was £28,099. This includes a very generous legacy donation of £16,000. The total income for 2024/2025 was £224,357 (2023/2024 £175,315). The total expenditure for 2024/2025 was £191,857 (2023/2024 £180,969). Therefore this year we have a surplus of £27,952 (2023/2024 £2,448). Our main funders were The Big Lottery, The National Lottery, Awards for All, Derbyshire County Council, NHS Deby and Derbyshire Integrated Care System, Royal Countryside Fund, High Peak Borough Council, Masonic Charitable Foundation, D-Oyly Carte and the Inman Charity ## Reserves policy The Trustees have, as required of them considered the risks faced and the steps needed to mitigate them. The level of reserves is kept under review and the Trustees believe we need to put some monies into a designated fund to cover the future purchase of a new Mini-bus, £15,000. 5 ## New Mills and District Volunteer Centre ## Trustees’ annual report ## for the year ended 31 March 2025 The Trustees also like to have £18,862 to cover the remaining lease, £8,919 the dividends that have been earned on the District Nurses Fund (this is ring fenced) and is to be used for the health and wellbeing of anyone in New Mills, a request needs to be presented to the Board for approval. £1,147 held for High Peak Kids Council and £601 held for the Repair Cafe. This leaves money held in unrestricted income of £206,872. ## **Plans for the future** We begin the new year in a strong position, in the year just ending we have made a surplus and we enter the new year with good reserves. This is important as we are now entering uncertain times, where securing funding is becoming increasingly difficult. Derbyshire County Council’s decision last year to stop discretionary funding of voluntary organisations has impacted us most with the withdrawal of our infrastructure funding. Our reserves will ensure that we can continue to maintain our services for the next year, giving us a breathing space in which to hopefully find alternative funding. The impact on other organisations of these and other cuts, is that we are seeing increased demand for our befriending and travel to medical appointments services, an increasing number of these are for inappropriate cases where the needs of the referral are too complex for our volunteers to be expected to cope with. Where appropriate we are meeting these needs and are looking to recruit more volunteer Befrienders and drivers. Last year one of our trustees underwent training to become a MIDAS trainer, which means that we can now undertake training of our Minibus drivers in house. In April 2025, 3 new Minibus drivers were trained, they are now beginning to take on some of the driving duties, relieving the pressure on the small number of existing Minibus drivers and ensuring that our Minibus can continue to run in the face of volunteer illness or holiday. It also opens up the possibility of increasing the use of the minibus in the future. Our minibus is now 10 years old and is starting to need more maintenance due to its age. We have begun to think about replacing it. This process is in its early stages, from the research undertaken so far we anticipate that a new minibus will cost between £65,500 to £76,000, of which around £1012,000 would be funded by the sale or exchange of the old vehicle. The remainder will have to be funded from our reserves and grant funding. The board feel that it is right to move £15,000 of our reserves into a New Minibus fund, to ensure that we are able to fund the purchase in the future. We are committed to maintaining a minibus as it allows us to transport clients to activities that would otherwise be inaccessible. One such is the Health Walks, which were begun last year and are to continue this year. We have seven walks planned for 2025, some of which have already taken place, leaving one each month until October in various local locations. Our Social and Fundraising Committee continue to be very active raising much needed funds with enjoyable social events, these help to bring the Volunteer Centre to the attention of the wider community. Upcoming events include an Odd Sock Golf Day at New Mills Golf Club on 25[th] of July and A Pudding event on 21[st] of September. As well as regular coffee mornings, an Art Auction and Quiz in October. We hope to see as many of you as possible supporting us at these events. 6 New Mills and District Volunteer Centre ## Trustees’ annual report for the year ended 31 March 2025 ## **Structure, governance and management** The organisation is a charitable company limited by guarantee, incorporated on 13[th] February 2003 and registered as a charity on 22[nd] May 2003. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at the 31[st] of March 2025 was 77 (2024 81). The Trustees are members of the charity but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity. All Trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 12 to the accounts. The Trustees have a policy on Trustee recruitment and new Trustees are encouraged to receive relevant training. This year the Trustee main body has continued with the use of sub groups ie. Fundraising, publicity and marketing. The Trustee Board meetings are held regularly in person at the Centre. Under the requirements of the Memorandum and Artiles of Association, the Trustees retire in rotation over a three year period after which they must be re-elected at the next Annual General Meeting. The Chair, Vice Chair and Treasurer are all re-elected each year. ## **Related parties and relationships with other organisations** We will continues to support and provide a voice for the voluntary sector by working with our funding partner NHS Derby and Derbyshire ICB. We will work with the New Mills Move More Strategy group at the best way forwards in enabling the people of New Mills to move more and become more active, and the role that we can play at the Volunteer Centre. We will continue to attend and contribute to a range of partner meetings and alliances to ensure we are at the table and have a voice in the shaping of the VCSE moving forwards. ## **Remuneration policy for key management personnel** No employees have total benefits over £60,000. ## **Risk management** The Trustees have identified key risks associated with running the Volunteer Centre and have created a Risk Register which is reviewed regularly with remedial action being taken as appropriate. Written procedures have been prepared for the Charity’s policies covering employees, volunteers, clients, visitors and financial systems and procedures. ## **Year end Manager Report 2024/25** I ’m now into my third year as Centre Manager of New Mills and District Volunteers Centre, and as is the norm for most years we faced the same funding challenges most voluntary organisation have to deal 7 ## New Mills and District Volunteer Centre ## Trustees’ annual report ## for the year ended 31 March 2025 with however last year was particularly challenging. We found out toward the end of the previous financial year that Derbyshire County Council were looking to remove all discretionary funding from voluntary organisations and groups across the whole county. A public consultation was launched at the start of the summer and despite overwhelming support for the voluntary sector and its continued funding, DCC decided to remove all discretionary funding from April 2025, affecting our Befriending and Lunch Club funding which was a small amount, however more significantly our Infrastructure funding was lost, this supported our volunteering work (recruitment, support, training and brokerage) and contributed importantly to some of our everyday running costs. As a result of this disappointing decision we are now in the position where along with the usual funding we have to bring in to support our work we also need to try and find funding to plug these gaps as well to ensure we can deliver the same level of service this financial year. It's not all financial doom and glum however! The last financial year we were fortunate to have several charitable trusts, foundations and local businesses support us. We were successful with an Awards for All bid, and donations from the Inman Charity, Foundation Derbyshire and Public Health’s Social Connectedness to contribute towards our Befriending and Group Activities. The Masonic Foundation continued their support of the Centre and we will once again be receiving support in the next financial year. The D’Oyly Cart Charitable Trust supported our Acoustic Soup and Kinder Social Group and Swizzle Matlow supported our Kinder Social Group as well. Thankfully we have two organisations in the High Peak who share our values and together with The Bureau in Glossop and Connex Community Support in Buxton and together in partnership we were successful in securing National Lottery Community Funding for the next three years to deliver befriending across the High Peak. Once again we have been successful in becoming New Mills Coop’s good cause, so if you shop at the Coop and have a membership card make sure to select us as your chosen charity, the money raise throughout the year will fund our Chair Based Exercise moving forwards. Our projects, groups and activities have once again proved to be hugely successful, showing the importance and value of bringing people together in improving wellbeing, health and reducing loneliness and social isolation, we have worked in partnership with Zink to provide an Adult Autism Support group which has proved to be hugely successful. We have also introduced a monthly walk which saw 68 people attend throughout the summer months visiting places across Derbyshire and the High Peak. A big thanks goes to staff and volunteers who contributed over 12,000 hours to make these sessions happen. Our services have been accessed by clients over 8000 times in the last year in addition to dealing with 4686 enquiries, showing the value the Centre provides to the community. A full overview of the Centre’s impact over the last year can be found in our Impact report that can be found on our website. Thanks for all of your support this year and we look forward to you help in supporting the community in the upcoming year. ## **Mark Allen (Centre Manager)** 8 ## New Mills and District Volunteer Centre ## Trustees’ annual report ## for the year ended 31 March 2025 ## **Funds held as custodian trustee on behalf of others** We hold investments for the District Nurses Fund, these were given to us on the understanding that we could not sell them, but that the interest generated could be used for the health and well being of the people of New Mills and district. These are shown every year on our balance sheet and the amount of interest still to be used is stated in our reserves. The Volunteer Centre holds monies in trust for the High Peak Kids Council, this is monies raised by the primary schools of New Mills, this money is to be used by the schools for equipment for the benefit of themselves. The money is included in our restricted funds and the amount is reported on every year. We also hold monies in our restricted funds for the Repair Cafe who open on the last Saturday every month and this is to cover any expenses they incur. 9 ## New Mills and District Volunteer Centre ## Trustees’ annual report ## for the year ended 31 March 2025 ## Statement of responsibilities of the trustees The trustees (who are also directors of New Mills and District Volunteer Centre 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: - Select suitable accounting policies and then apply them consistently - Observe the methods and principles in the Charities SORP - Make judgements and estimates that are reasonable and prudent - State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation 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. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 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 9[th] July 2025 and signed on their behalf by Tony Ashton Chair 10 Independent examiner’s report ## to the members of ## New Mills and District Volunteer Centre 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 12 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** 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 08/08/2025 11 New Mills and Distritt Volunteer Centre Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2025 Unrestricted funds Restricted funds Total funds 2025 Totèl funds 2024 Note Income from: Donations and legacies 44,266 iii 44,377 34,623 Charitable artivities 60,854 77,691 138,545 109,297 other trading activities 30,061 30,061 23,817 Investments 8,719 2,655 11,374 7,578 Total income 143,900 80,457 224,357 175,315 Expenditure on: Raising funds 1.791 1.791 2,645 Charitable artivities 103,070 86.996 190,066 178,324 Total expenditure 104,861 86,996 191,857 180,969 Net income/(expenditure) before net gains/(losses) on investments 39,039 (6.539) 32,500 (5,654) Unrealised gains/(losses) on investments (4.548) (4,548) 8,102 Net income/(expenditure) for the year io 39,039 (11,087) 27,952 2,448 Transfer between ftjnds (7.650) 7.650 Net movement in funds for the year 31.389 (3,437) 27,952 2,448 Reconciliation of funds Total funds brought forward 210,637 169,501 380,138 377,690 Total funds carried forward 242,026 166,064 408,090 380,138 The statement of financial artivities includes all gains and losses ￿Cognised in the year. All income and expenditure derive from continuing activities. 12 New Mills and District Volunteer Centre Company number 41666277 Balance sheet as at 31 March 2025 Note 2025 2024 Fixed assets Tangible assets Investments 15 37,544 93,059 46,926 97,607 16 Total fixed assets 130,603 144,533 Current assets Debtors Cash at bank and in hand 17 1.245 285,898 1.267 245,395 IB Total current assets 287.143 246,662 Liabilities Creditors: amounts falling due in less than one year 19 (9,656) (11,057) Net current assets 277.487 235.605 Net assets 408,090 380,138 The funds of the charity: Restrirted income funds Unrestricted income funds 20 166,064 242,026 169,501 210,637 Total charity funds 408,090 380,138 For the year in question, the company was entitled to exemption from an audit under section 477 of the ComDanies Act 2006 relatina to small comDanies. Directors, responsibilities- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006, The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FR5102 SORP, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. The notes on pages 15 to 33 form part of these accounts. Approved by the trustees on 0910712025 and signed on their behalf by: Tony Ashton (Trustee) Hazel Body (Trustee) 13 New Mills and Distritt Volunteer Centre Statement of Cash Flows for the year ending 31 March 2025 Note 2025 2024 Cash provided by/(used in) operating activities 24 29,129 8,595 Cash flows from investing activities.- Dividends, interest, and rents from investments 11,374 7,578 Cash provided by/(used in) investing activities 11,374 7,578 Increase/(decrease) in cash and cash equivalents in the year 40,503 16,173 Cash and cash equivalents at the beginning of the year 245,395 229.222 Cash and cash equivalents at the end of the year 285,898 245,395 14 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 Accountlng pollcles 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 ccordance 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. New Mills and Distrirt Volunteer Centre 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 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. 15 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 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 'capitsl' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance condition5 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. For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. 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 trustee5' 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. 16 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 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 tru5tee5 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. 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 £l.000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Leasehold building improvements Office fixture5 and equipment Computer equipment Minibus 25 years 5 years l year 5 years (period of lease) 17 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) j Fixed asset 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 attivities 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 sertors. k Debtors Trade and other debtor5 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 tenn 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 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 loan5 which are subsequently measured at amortised cost using the effective interest method. o Pensions Employees of the charity are entitled to join a defined contribution 'money purchase, scheme. The charity's contribution is restrirted to the contributions disclosed in note 11. Outstanding contributions at the year end was £595 (2023- 400). 18 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (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 £ I per member of the charity. The registered office address is disclosed on page l. Income from donations and legacies Current reporting period Unrestricted Restrirted Total 2025 Donations Fund raising income Gift Aid 28,738 15,528 iii 28,849 15,528 Total 44,266 iii 44,377 Prevlous reportlng perlod Unrestrirted Restricted Total 2024 Donations Fund raising income Gift Aid 13,998 16,454 2,621 1,550 15,548 16,454 2, 621 Total 33,073 1,550 34, 623 19 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) Income from charitable activities Current reporting period Unrestricted Restritted Total 2025 NHS Derby & Derbyshire ICS Derbyshire County Council Derbyshire County Council Derbyshire County Council High Peak Borough Council Derbyshire Dales Voluntary Services Royal Countryside Fund Derbyshire Mind Ltd Masonic Charitable Foundation Inman Charity Public Health High Peak Big Lottery Fund Community Fund Grant Derbyshire Community Fund Swizzels D-oyly Carte 21,693 21,763 3,237 24,930 21,763 iio 9,100 5,000 1,400 12,500 750 5,000 3,000 5,568 22,924 20,000 2,000 1,000 3,500 iio 9,100 5,000 1,400 12,500 750 5,000 3,000 5,568 16,276 20,000 2,000 1,000 3,500 6,648 Total 60,854 77,691 138,545 Previous reporting period Unrestricted Restricted Total 2024 IVHS Derby & Derbyshire ICS Derbyshire County Council Derbyshire County Council Derbyshire County Council High Peak Borough Council Co-op Royal Countryside Fund Screwfix Masonic Charitable Foundation Garfield Weston The Forrester Fomily Trust Swizzels 21,703 2,361 8, 774 952 4,000 24,064 8, 774 22,715 4, 000 5, 000 3, 794 12,500 2,450 5, 000 10,000 10,000 1,000 21,763 5,000 3, 794 12,500 2,450 5,000 10,000 10,000 1,000 Total 73,466 35,831 109,297 20 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) Income from other trading activities 2025 2024 Room Hire Groups, Income Miscellaneous Income 4,978 24,368 715 2,305 21,357 155 30,061 23,817 All income from other trading activities is unrestricted. Investment income Current reporting period Unrestricted Restricted 2025 Income from bank deposits Income from Investments 8,719 8,719 2,655 2,655 8,719 2,655 11,374 Previous reporting period Unrestricted Restricted 2024 Income from bank deposits Income from Investments 4,976 4,976 2, 602 2,602 4,976 2,602 7,578 All of the charity's investment income arises from money held in interest bearing deposit accounts. All investment income is unrestricted. Cost of raising funds 2025 2024 Costs of raising funds 1,791 2,645 1,791 2,645 All expenditure on cost of raising funds is unrestricted. 21 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) Analysis of expenditure on charitable activities Total 2025 Total 2024 Staff costs Premises Administration Gas, Water, Electricity Project costs Professional fees Depreciation Governance costs (see note 123,688 7,808 14,899 4,335 27,162 752 9,382 112,646 12,778 8,470 4,124 28,147 713 9,382 9) 2.040 2,064 190,066 178,324 2025 2024 Restricted expenditure Unrestricted expenditure 86,996 103,070 41,163 137,161 190,066 178,324 Analysis of governance costs Basis of pportionment Total 2025 Total 2024 Administration Independent Examiner's fee Accountancy services Govemance Governance Governance 120 600 1,344 600 1,440 2,040 2,064 22 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 10 Net income/{expenditure) for the year This is stated after chargingl(crediting): 2025 2024 Depreciation Operating lease rentals: Property Ind. examiner remuneration Accountancy fees Ind. examiner remuneration - payroll bureau fees Independent examiner's fee 9,382 9,382 6,286 1,440 519 600 6,286 1,344 600 678 11 staff costs Staff costs during the year were as follows.. 2025 2024 Wages and salaries Social security costs Pension costs Other Staff Costs 114,458 4,515 4,522 193 105,194 2,574 4,583 295 123,688 112,646 No employees have employee benefits in excess of £60,000 (2024.. Nil). The averaqe number of staff employed durinq the period was 6 (2024.. 6). The key management personnel of the charity comprise the trustees and the Centre Manager. The total employee benefits of the key management personnel of the charity were £39,799 {2024.' £35,625). 23 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 12 Trustee remuneratlon and expenses. and related party transactlons {2024'. 3) members of the management committee received travel and subsistence expenses during the year, these amount to £314 (2024-£726). Aggregate donations from related parties were £17 (2024= £154). 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). 13 Government grants The government grants recognised in the accounts were as follows: 2025 2024 High Peak Borough Council Derbyshire County Council 5.000 30.973 5,000 22,715 35.973 27,715 There were no unfulfilled conditions and contingencies attaching to the grants. 24 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 14 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 Sertion 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. 15 Fixed asset$: tangible assets Leasehold Office fumiture & improvements equipment Motor vehicles Total Cost At l April 2024 Additions Disposals 234.566 26.739 38.413 299,718 At 31 March 2025 234.566 26.739 38.413 299,718 Depreciation At l April 2024 Charge for the year Disposals 187.640 9.382 26.739 38.413 252,792 9,382 At 31 March 2025 197.022 26.739 38.413 262,174 Net l>ook value At 31 March 2025 37.544 37,544 At 31 March 2024 46,926 46,926 25 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 16 Investments 2025 2024 Market value at the start of the year Add.. additions to investments at cost Disposals at carrying value Add net gain/(loss) on revaluation 97,607 89,505 (4,548) 8,102 93,059 97,607 Cash held by investment broker pending reinvestment Market value at the end of the year 93.059 97.607 Investments at fair value comprised: COIF Charities Investment Fund Units 93.059 97,607 93.059 97,607 Investments are all carried at fair value and are all traded in quoted public markets. 17 Debtors 2025 2024 Trade debtors Prepayments and accrued income 79 1,166 920 347 1,245 1,267 26 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 18 Cash at bank and in hand 2025 2024 Short term deposits Cash at bank and on hand 231.568 54.330 167,849 77,546 285,898 245,395 19 Creditors: amounts falling due within one year 2025 2024 other creditors and accruals Deferred income Taxation and social security costs 6,395 1,354 1,907 5,840 3,500 1,717 9.656 11,057 27 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 20 Analysis of movements in restricted funds Current reporting period Balance at l April 2024 Balance at 31 March 2025 Income Expenditure Transfers Volunteer Centre District Nurses, Fund Relocation Project Active Travel DCC Infrastructure Derbyshire Dale Voluntary Service Royal Countryside Fund Swizzels D-oyly Carte Befriending Pottery class donation Annonymous Donor 108.093 46.926 4.790 (1.233) 2.655 (5,688) (9,382) (9, 198) (4.253) (3,084) 101,976 37,544 4,692 9.100 3.237 2.249 1.510 12.500 1.000 3.500 46.844 iii (620) (21,875) (1,000) (3,500) (35.753) (890) 9.375 9.375 9,375 11,091 iii 1,275 1.550 (275) Total 169,501 80,457 (91,544) 7,650 166,064 Previous reporting period Balance at l April 2023 Balance at 31 March 2024 Incon7e Expenditure Transfers Volunteer Centre District Nur5es' Fund Relocation Project Active Travel NHS Dertiy & Derbyshi￿ ICS Home from H05Pltal Co-operative DCC Infrastructure Derbyshire County Council Royal Countryside Fund Swizzels Screwfix Derbyshire County Council Derbyshire County Council Annonymous Donor 100,436 56,308 5,735 10,704 (3.047) (9.382) (9, 719) 108,093 46,926 4,790 8,774 13,746 (3, 725) (3, 794) (4,046) (10,021) 3,794 2,361 952 12,500 1,000 2,450 2,000 2,000 1,550 452 (1,233) (952) (3, 125) 9,375 (1,000) (2,450) (2,000) (2,000) 1,550 Total 176,677 48.085 (41.163) (14,098) 169,501 28 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 {continued) Name of restricted fund District Nurses, Fund Relocation Project Description. nature and purposes of the fund Income from dividend5 and increase in value. Expenditure included use The relocation Project fund was created in 2003 and refers to the move to the current premises on Union Road. The project was substantially funded by the Big Lottery and outgoing resources represent the Grant received from the DCC to go towards the cost of travel to medical aDDointments. Half of Grant received in January to go towards Community Transport Money to to towards Kinder Social Group. Money to be spent on lift repairs. Money received from NHS ICS to help with signposting Covid Community Grant to be split between CBE and Kinder Social Grou Money to go towards providing a warm space during winter. Money to go towards Acoustic Soup Money to be used to run monthly walking group. Transfers in respect of donations from participants, and administration and manaaement costs aareed with funders. Active Travel Royal Countryside Fund Swizzles Screwfix DCC Infrastructu DCC DCC Co-op Annonymous Donor Transfers 29 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 21 Analysis of movement in unrestricted funds Current reporting period Balance at l April 2024 A5at31 March 2025 Income Expenditure Transfers General fund Designated funds.. Repairs & renewals Befriender costs Purchase of new minibu5 Gap funding Community transport 184,442 143,900 (78,666) (22,650) 227,026 4,000 1,103 (4,000) (1,103) 15,000 15,000 21,092 (21,092) 210,637 143,900 (104,861) (7,650) 242,026 Previous reporting period Balance at l April 2023 Asat31 March 2024 Income Expenditure Transfers General fund Designated funds.. Repair5 & renewa15 Befriender costs Gap funding - Community tronsport 154,593 92,986 (83,740) 20,603 184,442 2,542 17.485 2,450 2.186 (3,862) (18.568) 2,870 4, 000 1,103 26.393 37.710 (33.636) (9,375) 21,092 201.013 135.332 (139.806) 14,098 210,637 Name of unrestrirted fund Description, nature and purposes of the fund General fund The free reserves after allowing for all designated funds Repairs & renewals To cover the cost of repairs and repainting of the Centre 30 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 22 Analysis of net assets between funds Current reporting period General fund Designated funds Restritted funds Total Tangible fixed assets Fixed asset investments Net current assets/{liabilities) Creditors of more than one year 37,544 93,059 96,423 37,544 93,059 277,487 15,000 166,064 Total 227,026 15,000 166,064 408,090 Previous reporting period General fund Designated funds Restricted funds Total Tangible fixed assets Fixed asset investments Ivet current assets/(liabilities) Creditors ol more than one year 46,926 97,607 39,909 46,926 97,607 235,605 26,195 169,501 Totol 184,442 26,195 169,501 380,138 31 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 23 Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating leases is as Property 2024 2025 Less than one year One to five years 6,286 12,576 6,286 18,862 18,862 25,148 24 Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Net income/(expenditure) for the year Adjustments for: Depreciation charge (Gains)/losses on investments Dividends. interest and rents from investments Decrease/(increase) in debtors Increase/{decrease) in creditors 27,952 2,448 9,382 4,548 (11,374) 22 (1,401) 9,382 (8,102) (7,578) 6, 795 5,650 Net cash provided by/(used in) operating 29,129 8,595 32 New Mills and District Volunteer Centre Notes to the accounts for the year ended 31 March 2025 (continued) 25 Prior year Statement of Financial Activities Unrestricted funds Restricted funds Total funds 2024 Total funds 2023 Income from.. Donations and legacies 33,073 1,550 34,623 32,068 Charitable artivities 73,466 35,831 109,297 104,368 Other trading activities 23,817 23,817 31,683 Investments 4,976 2,602 7,578 5,587 Total income 135,332 39,983 175,315 173,706 Expenditure on: Raising funds 2,645 2,645 3,573 Charitable artivities 137,161 41,163 178,324 183,022 Total expenditure 139,806 41,163 180,969 186,595 Net income/(expenditure) before net gainsl(losses) on investments {4,474) (1,180) (5,654) (12,889) Unrealised gainsl(losses) on investments 8.102 8.102 {3,520) Net incomel(expenditure) for the year {4.474) 6.922 2.448 (16,409) Transfer between funds 14.098 (14.098) Net movement in funds for the year 9.624 (7.176) 2.448 (16.409) Reconciliation of funds Total funds brought forward 201.013 176.677 377.690 394,099 Total funds carried forward 210.637 169.501 380.138 377,690 The statement of financial activities includes all gains and losses ￿cogniSed in the year. All income and expenditure derive from continuing activities. 33