VOLUNTEER FRIENDS IA company limlted by guarantee) TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED ST 31 MARCH. 2024 Charity Number 1098366 Company Number 4609837
VOLUNTEER FRIENDS IA company limited by guarantee) ST CONTENTS FOR THE YEAR ENDED 31 MARCH. 2024 Page Report of the Trustees Independent Examiner's Report Slalemenl ol Financial Aclivilies Balance Sheet 9-10 Nol85 to the Accounts 11- 19
Page 1 VOLUNTEER FRIENDS {A company limited by guarantèe) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH. 2024 The trustees, ivho are also directors of the Charty for the purposes of the Companies Act. submit their report and accounts for the yoar onded 3151 March 2024. Reference and administrative informatlon Charity Name Volunteer Friends Ilomierly known as Volunle8r Centr8- Nunealon & Bedworthl Charlty Registration Number 1098368 Company Registration Number 4609837 Reglstered Office and Operatlonal Address Darlaslon House 4 School Road Bulkinglon Warwickshire CV12 9J8 Trustees R. T. Smith D.S. Williamson L. R. Snow P. Monaghan M. S. Newman L. S. Smith Chalr Lead 0ffl¢or M. Kalsi Company Socretary R. T. Smith Bankers Nalwesl Bank plc 1 Markel Place Nuneaton Wawckshire CV114YY CAF Bank 25 Kings Hill Avenue Kings Hill WÈSI Malling, Kent ME19 4JQ A¢¢ountants Armslrongs Bishop Simmons Limited Chartér8d Accounlanls Gethin House 36 Bond Street Nuneaton Varwickshire CV114DA
Page 2 VOLUNTEER FRIENDS (A company limited by yuaranteel REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31°, MARCH. 2024 continued Governing document The organisalion is a charitable company limiled by guarantee. incorporalcd on 5 Oecember 2002 and registered as a charity on 4" July 2003. It is governed by the Memorandum and Article5 of Asso¢ialion. In the event of the company being wound up, members are required to contribute an amount not excoeding £1.00. Statement of Public Benefit Objects of the charity. principal activltie5 and organisatlon of the work The Charity s objects <arid principal activilios are lo be perfomed for those within the Borough of Nunealon & Bedworih and ils surrounding dislricls. The objects are lo.. benefit the general population of Nunealon & Bedworth and surrounding areas by providing services and community recreabon and lo encouroge community 8dion and social cohesion wlhin the localty. inspire and facililate the support and training of people of all ages. abilities and Interests to serve and engage with their communily by providing friendship and cornmunily recreation as deemed fil and necessary lo fulfil and enhance the lives and wellbeing ol residents In the Aroa of Bcnefil. lor the public bencfil.encouraging social inclusion in all our activities by promoting voluntary service and community aclion lor all people including those not in full lime employment or unw8ged individuals, people from diverse background and cultures throLJgh Ihe continued dev8lcipment of their indivKlual capabililies, comp8lences , skills and understanding in social cohesion. lo hold forums, produGe exhibitions. taiks and other public events, as deemed appropriate. lo promole social Inclusion for the public benefit by challenging discrirninalion on Ihe grounds ol sex race, disability. ethnic origin. religion, belief. creed, sexual orienlation o¥ gender re-assignment". poor educatsonal or skills attainment.. relationship and farnily breakdown and poor housing. Developments, actlvities and achlevemenls this year Medlcar Medicar Transport has been busy this year with our pool of volunteer drivers continuing lo undertake medical related trips, vaccine trips and social trips. Tha social trips have mainly been to allend Volunteer Friend's social activities. We have also been fortunale in welcoming a few new drwers lo our drivers, team.
Page 3 VOLUNTEER FRIENDS {A company limited by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" MARCH. 2024 continued The volunteer drivers, undertook ioumeys in 2023124 covering over 31,572 miles and conlribuling 2,838 hours of their lime. Supported Shopping Service Oijr supported shopping service which takes place every Wednesdays lo ASDA. Nuneaton has been busy and px)pular. We lake up to 7 shoppers on a fortnighlly basis to do their shopping, with the support of up to 5 volunteer escorts. In total, our volunteers gave 1.141 hours ol their lime lo help us deliver this valuable service. WMAS Dlalysls Trfps We have 8 small team of volunteer drivers undertaking medic81 transport for renal patients requiring dialysis trcatmenls. Since April 2022, our drivers have transp¢)rted 6 patients lo Iheir treatrnents on a weekly basis. In lolal. our volunteers did 573 return lrips, and 175 one-way trips covering 8.537 miles and contributing 681 hours ol their time. Slnglng wSth Dementla Our Singing wilh Dementia group meet in Bulkinglon on Thursdays for a good sing song. refreshments and lols of cake! During the year. we had 84 membeis allend al least one session and Ihg group has been supported by 15 volunteers over the year. Frlendshlp Group Our Friendship Group lunches have been very popular. Our volunteer cooks have been making delicious, traditional meals such as cottage pie, roast chicken dinners. chicken casserole and la5agn8. The groups enjoy a w88kly quiz and a game or two ol bingo after their Nvo-course lunch. We also run a Friday morning coffee and craft group where service users enjoy a cuppa and chal, and sorne will knit or crochet. Woodcraftlng Centre Our workshop Spa is a multi-purpose workshop suilable for wood craft and wood turning. Thanks lo our team of enthusiastic and skilled volunle8rs, we are able to leach those who would like lo learn new skills in woodcraft. Tho members have made some lovely ttems that Volunteer Friends has been able to sell lo help geneiale some much-needed funds for Ihc charity. 3D Printing We have been running 3D design and print sessions for young people. We are still in the 8arly stages of this project. however. the feedback has been great.
Page 4 VOLUNTEER FRIENDS IA company Ilmlted by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" MARCH, 2024 continued Disclosure and Barring Service We have continued lo provide DBS guidance and processing service for a number of organisations and community groups. This has been another successful year for Volunteer Friends which ha5 seen 811 our service areas full lo capacity. serving those in need In our communities, al times our Frièndship Groups and Supported Shopping Service having a wailing lisl of clients eager lo join. During th8 y8ar we have continued lo work with young people by offering training sessions in 3D design and print an area we are kccn lo expand. so plans are underway to work with partners lo offer this service more widely. Suslainabilily 15 always an Issue lor small chari1185 however this year has seen us strengthen our reserves wilh a successful Lollery Granl bid and some strong fundralsing evonls that wll guarantee support lor our work over the next few years. Working with the local Primary Care NerK Soclal Prescribers, has provlde¢J a constant flow of new client relerrals in nocd Df our scTvices, and Ihis dearly demonslrales the value ol partnership viorking lo identify those in need and provide them with support, this has included providing food packaqès lor those still struggling wilh the current cost ol living crisis, an Issue that is affecting many in our communities. We nIInue lo attract and mainlain a greal team of volunteers supported by our exc8llenl staff and Ihe indications are looking good lor another strong performance In 2024125 helping those mosl in need In our communilies. Transactlons and financial position The Sialement of Finanaal Activitses shows nel inrne of £28.960 and reserves ol £165.812. Transfers beeen frJnds were in accordance with financial standing orders Funds General funds are unrcslricled funds which are available for use al the discretion of the Iruslees in furtherance of the objects of the Charity and which are not deSnated for parCUlar purposes. Designated funds are unrestricted funds that have been sel aside by the trustees for particular purposes. The Exit Cosls reserve ha5 been des(gnalgd by the directors lo provide for 3 months running costs lo enable the Charity to cease its <?cts'vilies in the event of a significant drop in funding.
Page 5 VOLUNTEER FRIENDS IA company limited by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH. 2024 continued Reslricled funds are funds which are lo be used in accordance wilh specific restrictions imposed by the donor or which have been raised by the Charity for specrfic purposes. Details ol the aims and use of each restricted fuThJ are sel out in note 16 and note 17 to the accounts. Allocation of Costs The SlalerTTrenl of Financial ActivitS shows costs allocated according to the purpos8 of the expendilure'.- Costs of generating voluntary income represents the staff time spent making funding applications and reporting lo funders. Charitable aclivilies are th8 core and project activities of th8 Centre. Gov&rnance Costs are expendiluro on governance arrangements which relate lo the general running of the Charity. These activities provide the governance inlraslruclure which allows the Charity lo operate and lo generate the information required for public accountability. They include the slrategic planning processes Ihal conlribulg lo future developm8nl of the Charity. Investment powers In accordance with the Memorandum, the company invests monies, not immediately required, in short-lerm Bank and Building Society deposits. Donatlons and grants Details of grants and donalions received in the year are sel out in note 2 to the a¢counl5. Roserves pollcy The Managemcnl Committee has establishcd a polcy of selling aside 3 months running costs in reserve fund. as exil cosls, lo enable the Charity lo c8ase ils activities in the event of a signrficanl drop in funding. Equipment purchased which is fully funded by project grants is not capilalised bul a sum equivalent lo the cost is transferred lo the Fixed Asset Replacement fvnd. For Motor Vehicles which are lully funded, the grants received for their purchase are Irealed as Reslricled Funds and the annual depreciation charge is taken from that Reslricled Fund until Ihe vehicle is fulty written down. Risk Management The charity aims lo manage risk at all levels of the organisalion 2nd has wrillen policies on Health and Safety. Child Protection and Volunteers. 'sk management is actively carried out in relation lo govemance, finance, health and safety. equal opp)rtunities and volunteer and staff Safety. Future Development The charity is now seeking to idenlfy gaps in its Service and devdop new projects lo meet the needs of ils clients. Existing projects are also being evaluated to determine the future strategy.
Page 6 VOLUNTEER FRIENDS (A company limited by guarantee) ST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH. 2024 continued Directors and Trustees Members of the Management Committee, who are direclors ol the Charity lor the purpose of company law arid tmstees for the purpose of charity law, who served during the year and up lo the date of this report. are set out in the Reference and Adminislralive Inlormalion of thi5 report. One third of board mernbers are subjecl to retirefnenl by rotation at each Annual General Meetsng. Potential new DirectorsruStees are Identified on the basis ol interest shown in volunteering and on the basis ol relevant skilLs. Candidates are given the opportunity lo find out in detail about the work of the Centre before being lomially appointed by the Tru51ees. Newly appointed TrLJslees are support8d in becoming familiar with the policies and detailed Wofkiro of Ihe organisalion. Statement of Dlrectors. and Trustees, respon$lbilities The directors and trustees are required by law lo preparc financial slatcrnenls for each financial year. which give a true and (air view of the slate of affairs of the charitable company and of the Incoming reso¢Jrces. and application of resoufces inclLJding the Income and expendllure or Ihe ¢hariiaDie company lor ine year. In preparlng financial slalemenls, th8 Direclors and Trustees are fequired to: select suitable a¢¢ounling polici8s and then apply them con51Stentfy,' observe Ihc methods and principles in the Charities SORP., make jLJdgemenls and eslimales that are reasonable and prud8nl', stale whether applicable UK Accounling Slandards have been followed, subject to any material departures disclosed and explained in the financial stalemenls., prepare the financial statements on a going concern basis unless it 18 inappropriale lo presume that the Charity will continue in exislence. b) dl The director5 and Iruslees are responsible for keeping proper accounting records which disclose, with reasonable accuracy. at any lime the financial position ol the Charity and enAble them to ensure thal the financial statements comply wth th8 Cornpanias Act 2006 They are also responsible for safeguarding Ihe assets of Ihe Charity and hence for taking reasonable steps for the prevention and deleclion of fraud and other ifregularilies. This report has been prepared in accordance wilh the provisions applicable lo ¢ompani8s entitled to the small companies exemption. Approval This report was approved by the direclors and trustees on 14 November 2024 arsd signecl on their behalf. R. T. Smith. Chairperson
Page 7 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF VOLUNTEER FRIENDS (A company limited by guaranlee I report on the accounts of the company for the year ended 31 Maich 2024 which aré sel out on pages 8t020. Responslbllities and basis of report As the charity Iruslees of the company (and also its direclors for the Purposes of company lawl you are fesponsibk for the preparation of Ihe aUnIS in accordance with the requircmenls of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself thal the accounts of Ihe cornpany are not required lo be audited under Part 16 of the 21)06 Act and are eligible for independent examination, I report in respect of my examindlion of your company's accounts as carried out undor secbon 145 of the Charities Act 2011 1.the 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under seCtn 145{51{bl of the 2011 Act. Independent examlneVs statem•nt I have completed my examination. I confinn that no matters have come lo my attention In connection with Ihg examination giving me cause to believe Ihal in any malarial respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act., or Ihe accounts do not accord wilh those rècords.. or the accounts do not comply with the accounling requirements of section 396 of the 2006 Act other than any requ1ment that the accounts give a 'lrue and fair vtew, which Is not a matter considered as part of an independent examination, or the accounts have not been prepared in accordance wlh the melhc)ds and princip18S of the Statement of Recommended Practice for accounting aT)d reporting by charities lapplicable lo chariu'es preparing their accounts in accordance wllh the Financial Reporting Slar¢dard applicable in the UK and Rewblic of Iréland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which allenlion should be drawn in this report In order to enablé a proper understanding of Ihe accounls to be reached. Janè 8iggs Chartered Certified Accountant Arm5trongs Bishop SimmDns Lirnil Ghartered Accounlanis Gelhin House, 36 Bond Street Nuncalon Warw.ck5hire CV11 4DA Oate= I fio¥iMbic 2 011fv
Page 8 VOLUNTEER FRIENDS IA company limiled by guarantee) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31°, MARCH, 2024 Total Total Note Unrestricted Restrlcted 2024 2023 Income and endowments Irom: Donation5 and grants 3.874 102,078 105.952 87,532 Aclivitie5 for Raising funds 10.187 10,187 14.292 Income from inveslm8nts 1,982 1,982 177 Income from Charitable aclivities 24,690 37,561 62,251 48,907 Other income Total Income and ondowmonts 40,733 139,639 180,372 150,908 Expondlture on: Expenditure on Raising funds 353 6.861 7,214 5,995 Expenditure on Charl18b activities 6.612 124,578 131,190 107,956 Governance ¢osls 2.075 10,933 13,008 10,908 Total expgndlture 9,040 142,372 151,412 124,857 Net income 31.693 12,7331 28.960 26,051 Transfers betstsen funds 1102} 102 N•t movement Sn funds 31.591 12.6311 28,960 26,051 Reconclllation of funds Total funds brought forward 101.001 35.851 136,852 110,801 Total funds carrled forward 132.592 33,220 165,812 136.852
Page 9 VOLUNTEER FRIENDS {A company limited by guarantee) ST BALANCE SHEET AT 31 MARCH, 2024 Note 2024 2023 Fixed Assets Tangible Assets 10 292 Current Assets Debtors Cash al bank and in hand 12.095 156,806 15,028 124,512 168,901 139,540 Creditors.. amounls falling due within one year 12 (3.0891 12,9801 Net Current Assels 165.812 136,560 Net Assets 13 165,812 136.852 Funds oftho Charlty Unrestrlcted funds General funds Designaled funds 92,592 40 000 72,001 29.000 132.592 33,220 101,001 35.851 Restrlct•d funds Total Funds 16 165,812 136.852
Page 10 VOLUNTEER FRIENDS {A company limited by yuaranteel BALANCE SHEET AT 31ST MARCH. 2024- ¢ontinued For the year ended 31 March 2024, the company was entirfed to exemption from audit under seclion 477 of the Companiès Act 2006 relating to small companies. Directors. responsibilitie5'. The members have not Tequired the company lo obtain an audit of its accounts lor Ihg year in quesb.on In accordance with section 476.. The directors acknowledge their responsibilities for complying with thè requirements of the Act with rcspecl to accounting records and the prepiiralion ol accounts. These accounts hav8 been prepared in accordance wilh the provisions applicable lo small companies subie¢l lo the small company's regime and in accordance with FRS102 SORP. The financial stalemènls were approved by Iha Board on 14 November 2024 and signed on its behaff by.. R. T. Smilh, Chairperson L. Snow egistralion No 04609837 The noleson pages 1110 19 fom part ol these accounts.
Page11 VOLUNTEER FRIENDS IA cornpany Ilmltéd by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 315f MARCH, 2024 Accounting Poll¢les al The charty constrtules a public benefrt entity as define(I by FRS 102. The financial statements have been prepared in accordance wilh Accounting and Rgporting by Charities." Slalemenl of Recommended Practice applicable lo charities prepanng their accounts in accordance with the Financial Reporting Standard applicable tin the UK and Republic of Ireland IFRS1021 issued on 16 July 2014 las updaled through Update Bulletin 1 published on 2 February 20161, the Financial Reporting Standard applicable in the United Kingdom and Republic ol Ireland IFRS 1021. the Charities Act 2011, the Companias Act 2006 and UK Generally Accepted Accounting Practice. The financial slalemenls are prepared on a going concern basis und8r the historical cosl convention. modified to Include certain Iterns at fair value. The financial slalements ar& presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounling policies applied In the preparatTr of the financial statements are set out below. These policies have been consist8nlly applied to all years presented unless otherwise staled. bl The charity is a company Ilmiled by guaranlec in England. In Iho ovgnl of the charity being wound up. the lialiY in iespect of the guaranlec is limited lo £1 per member of the charity- The registered office is given in the charity inlormalion on page 1 of these linancial slalemenls. cl Voluntary incomc Is received by way of donations and gifts and is included in full in the Sialemonl of Financial Activities when receivable. dl Grants. Including grants for the purchase of fixcd assets, are recognised in full in the Sialemenl of Financial Aclivilics in the period In which they are recewable. el Incoming resources from fundraising and from investments is Included when receivable. Resoufces expended are recognlsed in the period in whlch they are incurred. Resources cxpended include altribu1ab VAT, which cannot be recovered. gl Expenditure on governance ol the charity include$ 811 expenditure not directly rolaling to Ihe charitsble aclivily. h) Depreciation is provided al rales calcutated tD write ofl Ihe cost of fixed assets, $$ their eslimaled residual value, over their expected useful lives on the folowing basis.. Office & Workshop Equipment 250/0 Sirai9ht Line Computer Equipment 33.3DI. Slraighi Line Buikling Refurbishmenl Over the remainder of the lease Vehicles INowll(Second Handl- 250A133.3¥0 Straight Line The purchase of Office, Workshop and Computer equipment from projecl grants is written off in Ihe year of purchase against the relevant restricted fund and not subjected lo depreciation. Depreciation of the Minibuses is charged against the grants received wilh the balance of grants being carried forward lo cover future depreciation charges.
Page 12 VOLUNTEER FRIENDS {A company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2024 Accounting Policies {corblinued) Where funds dre received which appty to subsequent accounting periods, these are sl)own in the balance sheet as deferred ificome until the dale al which they are classed as income. al which time they are transferred to income. The cost of providing penOn and relatéd benefits is charged lo the SOFA as incued. k) Unreslricled funds are donations and other incoming resources receivable or generated foT th8 objects of the charity without furlher specified purpose and are available as general funds. Restricted funds are lo be uscd for speafic purposes as laid down by the donor. Expendilufe, which meets Ihese criteria, is charged lo thé fund. together wilh a fair allocabon of management and supporl costs. m) Designated funds are unrestricled lunds earmarkcd by the management committee lor particular purposes. n) Rentals under operaiing leases are charg&d lo the Statement of Financial Aclivilies as they fall due. Analy$l$ of Income Total Unrestrlcted Restricted 2024 Total 2023 Income from donations Oonalions Grants Me(iicar IWCC) Supported Shopping SeNice IWCC} Accelerate (Coventry & Warwickshire The National Lollcry-Friendship Group VASA (Hardshiplcommunity Transpori) Cost of Living-Food Package5 Bulkinglon Volunteers 8ulkinglon Voluiileers-Greenshools Severn Trenl 'aler Bulkin9lon Health Support Charity Nunealon Round Table Councillor Granl WCC Cost of Living 3D Printing Project (Bedworth Lions) WCC Loneliness & Social Isolation WCC Cost of Living Grant IFood Packages) WCC Household Support Grant Vvoodcrafling Centre - Adults Friendship Group (Meals & Social Activilies} History Hub 3.874 320 4,194 3,524 4,050 4,319 4.050 4,319 4.050 4,299 25,195 56,618 19.995 2.100 400 56.618 19,995 2,100 400 30,000 775 1.500 10,000 2.000 1,339 350 1,000 350 1,000 500 1.200 350 3.846 3,289 3,846 3,289 800 2,000 5.791 5,791 3874
Page 13 VOLUNTEER FRIENDS IA company Ilrnited by guarantee NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2024 Analysis of income Icontinuedl Total Total 2024 2023 Unrestricted Restrlcted Activities for Ralsing funds Fundraising events Project managewnenl charges Disclosur8 & barriro Se1 checks Room hiie 3.851 980 5.356 3.851 4.758 980 3,463 5,356 4,471 1.600 10.187 10,187 14.292 Income from investments Bank and Building Society Interest received 1,982 1,982 177 Income from Charitable activitles Jedicar charges Training fees received Supported shopping seNice contributions Wesl Mi(Jlands Ambulance Service dialysis transport The friendship group Singing with Dementia Woodcrafting cenlre sales Sales (Direct) 22,029 22,D29 12,885 1,394 2,982 2.305 2,982 12,550 12,550 13.444 16,160 14,257 3,838 4,662 4,432 30 190 16.160 3.838 4.662 30 24.690 37,561 62,251 48,907 Exp8ndlturè on raising funds Total Unrestrictad Restricted 2024 Total 2023 Salaries. national Insuranco and penSn Contributions 353 6,861 7,214 5,995
Pag8 14 VOLUNTEER FRIENDS IA company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2024 Expenditure on Charitable activitie5 Total Unrestricted Restricted 2024 Total 2023 Volunteer exp6nses Salaries, national insurance and pension Contributions Staff expenses Rent and room hire Telephono and inlemel Office expenses and equipment maintenance 24.259 24,259 16,055 2,765 53.698 56,463 47,398 383 30 10.924 11,307 1,800 1,830 2.290 2,290 4.450 4,483 9.000 1,581 3.188 4,415 126 955 960 1.128 24,873 25.733 19.020 249 249 103 2,456 2.298 279 235 588 3.117 292 292 33 Training expenses Insurance Project costs Event and meoting costs DBS check5 Subscriptions Management charges Depreciation 860 2,456 79 200 588 292 6.612 124.578 131,190 107,956 Governance costs Total Unrestrlcted Restricted 2024 Total 2023 Staff salaries, national insurance and pension contributions Rent and room hire Telephone and Inlemet Off Ice expenses 415 192 15 186 16 8,053 8.468 192 15 186 16 6,558 1.000 176 355 Insurance Professional fee5 - AcCountanY el¢ Bank ch8Tges Management Charges 125 1,782 73 346 1.204 45 2,473 3.677 60 392 392 2.075 10,933 13,008 10,906
Page 15 VOLUNTEER FRIENDS IA Gompany limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2024 Staff costs and numbers 2024 2023 Staff costs were as folk)ws- Salarie5 and wages Employers National Insurance Employèrs Pension costs 61.863 51,595 10,281 8,356 72,144 59.951 No employe8 received emolumenis of more than £60.000. Average monthly number of full lime equivalent employeos In the year. 2024 2023 Fundraising Charitable activities Govemanoe Taxation As a Charity. Volunteer Friends is exempl Irom lax on Income and gains falling ¥thIn section 505 of the Taxes Act 1988 10 Ihe exlenl that these afe applied lo its charitabl8 objects. No lax charges have arisen in the Charity. Trustees remuneratlon and •xpenses No remuneration was paid to tmslees In the year. £NIl12023 £NIll was reimbursed for trustee expenses. F8ès for examination of the accounts 2024 2023 Independent examinerfs fees for reporting on the accounts 1.450 1.380
Page 16 VOLUNTEER FRIENDS IA company limited by guarantee) ST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH, 2024 10. Fixed Assets Unrestricted Office & Computer Building Workshop Equipment Refurbishment Equipmenl Cost Vehicles Total Al 1" April 2023 Additions in the year Disposals 2,976 710 17,382 21,068 Al 31 sl March 2024 2,976 710 17,382 21.068 Depreciatlon Al 1 sl April 2023 Provided In the yèar Disposals 2.684 292 710 17.382 20.776 292 Al 31st Moirch 2024 2,976 710 17,382 21,068 Net Book Value Al 3151 March 2023 292 292 Al 31 st March 2024 11. Débtors 2024 2023 Other cfebtors Prepayments 4,903 7,192 11,134 3,894 12.095 15,028
Page 17 VOLUNTEER FRIENDS IA company Ilmlted by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2024 12. Creditors and Accruals 2024 2023 Other creditors Other taxes and social security Accruals and defeed incom8 470 (6031 3.222 414 {1,1791 3.145 3.OB9 2,980 13. Analysls of Net Assets by Fund Unrestrlctad Funds Rostrlcted Funds Total Fixed Assets Current Assets Current Liabilitses 134.704 (2,1121 34.197 {9771 168,901 13,0891 Funds BaLance 132.592 33,220 165,812 The purpos6 ol Ihe designated funds (included in unrestricted funds above) is outlined in the Iruslees report. 14. Penslon Scheme The Charity operates a Stakeholder Pension Scheme. i.e. defined contribution, for the bcnefil of the employees. The pension charge for the year was £10,281 12023 £8,356). Al 315t March 2024 £47012023 £414) was oulslandiro. 15. Lease Commltments The Charity has non-calIable operating leases with an annual commitmcnt expiring.. Office Equlpment Bulldings Within two lo five years 16.000
Page 18 VOLUNTEER FRIENDS IA company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2024 16. Statement of Funds Asat Asal Expendhurè Transler 31" March 2024 Income 2023 Unrestriclod Funds: General Fund Oesignaled Fund.. Exil Costs Reserve Redundancy Reserve 72,001 40,733 9.040 {11,1021 92.592 20,500 8,500 9.500 1,500 30,000 10,000 Total Unrestricted Funds 101.001 40,733 9.040 1102) 132,592 Reslricled Funds.. Medicar Supported Shopping The National Lottery-Fnendship Rcnal WCC Va¢cin8 Delivery VASA Hardship VASA Community Transporl VASA Community Transporl Cost of Living - Food Packages Bulkinglon Volunieers Bulkinglon Vol-Greenshools Severn Trenl Water Bulkinglon Health Support Councillor Granl WCC Cost of Lrng Bedworth Lions 3D Printing WCC Househokj Support Woodcrafting Centre - Adurts WCC (Friendship Garden) WCC (Cost of Living Grant) islory Hub 392 35 26,399 7,301 56.618 12.550 22.905 5.185 49,462 9,679 309 18.957 11.037 3.886 2.151 7,156 2,871 975 1,284 18,957 10,995 9,000 2.100 400 42 9,000 710 1,390 1.007 1.133 7.747 2.000 350 1.000 330 3.533 4.169 2,002 177 553 1,5fy) 7.743 2.000 367 350 1.000 330 3,846 3,289 313 880 2.000 177 5.791 5.791 Total Restricted Funds 35,851 139.639 142,372 102 33.220 Total Funds 136.852 180.372 151.412 165,812 The projects financed by the restricted funds help to meet the objeels of the Charity as outlined in the Trustees report.
Page 19 VOLUNTEER FRIENDS IA company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH. 2024 17. Purposes of Restricted Funds Project Pur ose Medi-car Transport to rnedical poinlments. Supported shopping for elderly and disabied eo le. To combat social isolation Fundèrs Warwickshire CC £4,050 Supported Shopping Service wa1CkShIIe CC £3,800, Dept ol Transport £519 The National Lottery Friendship Group The National Lottery Community Fund £5"6,618 Renal To help with non- emergency passenger ourn s lo th8 Renal Unil. To cover transporl costs for Covid vaccinations. To provide community transport lo support those in greatest need lo access vital rnedical appointments and social support groups. To provide core costs lor transport services Fth)d packages West Midlands Ambuknce ServiGe £12,550. WCC Vaccine Delivery (Covid 191 VASA Hardship Ftjnds broughl forward Funds brought forward VASA Communrty Tran5 ort Cost of Living Volunlary Action Stra £19.995 Warwickshire CC £2,100 ord Bulkinglon Volunteers Provide lood packages Funds brought forward and £400 in ear Funds brought lotward. Bulkinglon Volunleers - Greenshools Severn Trent Water Bulkin9lon Health ort Councillor Grant For planting in the wllage of Bulki lon. Towards core costs. Towards friendship group and 3D Friends lo Tum To Project to support those struggling with bereavement Bulkington Volunleers towards food pack es Help towards food acka es To enhance woodcrafting skills. Fund8 brou hl forward. Funds brought forward. Warwickshire CC £350 WCC C05t ol Living Warwick5hire CC £1.000 WCC Household ort Woodcrafting Cenlre Warwickshire CC £3,846 Heart of England Community Foundation- CBS £3,289 Funds brought forwaid. Friendship Garden To create a sensory garden on the patio area. History Hub To develop a futu History History Hub Limited £5.791 rclaled project