VOLUNTEER FRIENDS (A company limited by guarantee) TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 Charity Number 1098366 Company Number 4609837
VOLUNTEER FRIENDS (A company limited by guarantae) ST CONTENTS FOR THE YEAR ENDED 31 MARCH, 2025 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheel 10-11 Notes to the A¢¢ounls 12-20
Page 1 VOLUNTEER FRIENDS (A company limited by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH, 2025 The trustees, who are also directors of the Charity for the purposes of the Compani8s Act. submit their report and accounts f(x the year ended 31 March 2025. Réfèronce and admlnlstratlve Infomiatlon Charlty Nama Volunteer Friends (fomerly known as Volunteer Centre- Nuneaton & Bèdworth) Charlty Registration Number 1098366 Company Reglstratlon Number 4609837 Reglsterod Office and Operatlonal Address Darlaston House 4 School Road Bulkington Warwickshire CV12 9JB Trustees R. T. Smith D.S. Williamson L. R. Snow P. Monaghan M. S. Newman L. S. Smith Chair Lead Offlcer M. Kalsi Company Secretary R. T. Smith Bankers NatW8st Bank plc 1 Markel Place Nuneaton Warwickshire CV114YY CAF Bank 25 Kings Hill Avenue Kings Hill Wesl Malling, Kent ME19 4JQ Accountants Armstrongs (Nuneatonl Limited Chartered Accountants Gethin House 36 Bond Street Nuneaton Warwickshire CV114DA
Page 2 VOLUNTEER FRIENDS (A company limitod by guarantee) ST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH, 2025 continued Governing document The organisation is a charitable company limited by guarantee, incorporated on 5kn December 2002 and registered as a charity on 4" July 2003. It is govemed by the Memorandum and Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.00. statomont of Public Benefit Objects of Ihe charity. principal actlvltles and organisation of the WOTk The Charity's objecls and principal activities are to be performed for those within the Borough of Nuneaton & Bèdworth and its surrounding districts. The objects are to.. benefit the general population of Nuneaton & Bedworth and surrounding areas by providing services and community recreation and to encourage communf(y action and social cohesion within the locality. inspire and facilitate the support and training of people of all ages, abilities and interests to see and engage with their cornmunity by providing, friendship and community recreation as deemed fit and necessary to fulfil and enhance the Iiv8S and wellbeing of residents in the Area of Benefit. for the public benefit. encouraging social inclusion in all our artivities by promoting voluntary service and community action for all people including those not in full lime employment or unwagèd individuals. people from diverse bad(ground and cultures through the continued developmenl of their individual capabilities. compèt8nc8s. skills and understanding in social cohesion. to hold forums. produce exhibitions, tslks and other public evènls, as deemed appropriate. to promote social inclusion for the publi¢ benefit by challenging discrimination on thé grounds of sex, race, disability, ethnic origin, religbon. lIef. creed, sexual orientation or gendèr re-assignment; poor educational or skills attainrnent,. relationship and family breakdown and poor housing. Developmontg, aetivitles and aehlovèmènts thls year MedlcarTransport Servlce Medicar Transport has been busy this year with our pool of volunlé8r drtV8rs continuing to undertake medical related trips, vaccine trips and social trips. The social trips have mainly been lo attend VF'S social activitiès. We hav8 also been fortunate in welcoming a few new drivers lo our drivers, team.
Page 3 VOLUNTEER FRIENDS {A company limited by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" MARCH, 2025 contlnued Medicar Stats: 2022-2023 2023.2024 2024-2025 Number ofVoluntè8r Miles 22,121 31,572 32,192 Number ofvolunteer Hours 1.978 2,838 3,151 WMAS Dlalysls Trlps We have a small team of volunteer drivers undertaking medical transport for renal patients requiring dialysis treatment. Since April 2024, our drivers have transported 5 patients to their treatmènts on a weekly basis. WMAS Stats: 2022-2023 2023-2024 2024-2025 Number of Volunleer Trips Iretum) 626 573 483 Number of Volunteer Trlps lon8-way} 77 175 47 Number ofvolunteer Miles 14.684 8,537 12.462 Number ofvolunleer Hours 665 681 1,048 Supported Shopping Servlce Our supported shopping servicé, which takes place every Wednesdays to ASDA, Nuneaton has been busy and popular. We take up lo 7 shoppers on a fortnighuy basis to do their shopping, with the support of up to 5 volunteer escorts. Shopplng Stats: 2022-2023 2023-2024 2024-2025 Number of Volunteer Hours 1,046 1.141 1.201 Slnglng wlth Dementla Our Singing with Dementia group meet in Bulkington on Thursdays for a good sing song, refreshments and lots of cakel During the year, wé had 62 members attend atleast on8 S8ssion and the group has been supported by 16 volunt8èrs over the year.
Page 4 VOLUNTEER FRIENDS (A company limited by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" MARCH. 2025 continued Friendship 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 lasagna. The groups enjoy a weekly quiz and a game or two of bingo after their two-course lunch. We also run a Friday morning offee and craft group where service users enjoy a cuppa and chat, whilst knitting and croqueting. Woodcraftlng Centre Our workshop is a multi-purpose workshop suitable for wood craft and wood turning. Thanks to our team of enthusiaslic and skilled volunteers, we are able to leach those who would like to leam new skills in woodcraft. The members have made some lovely items that VF has been able to sell to help generate some much-needed funds for the charity. 3D Prlntlng We have been running 3D design and print sessions for young peopl8. W8 ar8 Still in the early stages of this project- however, the feedback has been great. Dlsclosure and Barrlng Servlce We have continued lo provide DBS guidance and processing service for a number of organisations and community groups. Volunteer Friends has achieved another successful year, operating all service areas at full capacity. We are proud lo have served so many in need across our Communities. with dèmand for our Friendship Groups and Supported Shopping Service often resulting In 8 waiting list. We continued our commttinent to youth engagem8nt by providing training sessions in 3D design and print. This is 8 growth ar8a, and we are CuentlY developing partnerships to expand th8 service's reach. Financial sustainability was Signtricant strengthened thls yèar. A successful Lottery Grant bid the previous year, combined with strong fundraising events. has enabled us to thrive and provide much needed sérvices for our local ¢ommunity. Additionally, we successfully secured a lat&y8ar grant to purchase a smaller vehicle, enhancing our operational flexibility. Furthermore, income generation incrèased through the sale of wt)odcraft items and a significant rise in Medicar ttlps. These successes guarante8 SUPPOrt for our vitsl work over the next few yéars.
Page 5 VOLUNTEER FRIENDS (A company limited by guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31•I MARCH, 2025 contlnued Our partnership with th8 local Primary Care Neork Social Prescribers has proven invaluable, providing a consistent flow of new client referrals. This collat>oralion highlights the power of partnership working to identify and support those in need, including providing essential fcrf)d packages to residents struggling with the ongoing cost-of-living crisis. Supported by our dedicaled staff, we continue to attract and r8tain a great team of volunteers. Looking ahead. we anlicipate another strong performance in 2025126 as we continue to help those most in need in our communilles. Transactions and financial posltion The Statement of Financial Activlties shows net income of £51,887 and reserves of £217.699. Transfers between funds weré in accordance with financial stsnding orders Funds G8n8ral funds are unrestricted funds which are available for use at the discretion of the trustees in fijrtherance of the objects of the Charity and which are not designated for particular purposes. Designated funds are unrestricted funds that have been sel aside by the trustees for particular purposes. The Exit Costs reserve has been designated by the directors to provide for 3 rnonths running costs to enable the Charity to cèase ils activtties in Ihe ev8nt of a significant drop in funding. Saying Our Thanks Our Fundars The National Lottery Community Fund- Reaching Communities Awards for All Nalional Lottery England Warwickshire County Council - Medicar and Supported Shopping Service Warwickshire Counly Counal (lead organisation VASA) WaNickshire Couniy Council- Household Support Fund Warwickshire County Counallor - Councillor Grant Department ofTransport Bulkington Health Support Charity Coventry and Warwickshire Charitabl8 Trust Thank you to R K Hughes for a generous donation of£3,000. Also, thank you to everyone who kindly donated to the charity.
Page 6 VOLUNTEER FRIENDS (A Company limited by guarantee) ST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH, 2025 continued Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor. or which have been raised by the Charity for specific purposes. D&lails of the aims and use of each restricted fund are set out in note 16 and nole 17 to the accounts. Allocatlon of Costs The Statemenl of Financial Activitiès shows costs allocat8d according to the purpose of the expenditure: . Costs of generating volunlary income represents the staff time spent making funding applications and reporting to funders. Charitable activities are the core and project activities of the Centre. Governan Costs are expenditure on governance arrangements which relate to the general running of the Charity- These activities provide the governance infrastructur6 which allows the Charity to operate and to generate the information required for public accounlability. They include tha strategic planning processes that contributè lo fulure development of the Charity. Investment powers In accordance with the Memorandum. the company inv8sls monies, not immediately required, in short-temi Bank and Building Society deposits. Donations and grants Dètails of grants and donations received in the year are set out in nole 2 to the accounts. RoseNes policy The Management Committee has established a policy of setting aside 3 months running costs in reserve fund, as exit costs, to enable the Charity to cease ils activities in the event of a signrficant drop in funding. Equipmént purchased which is fully funded by project grants is not capilalised but a sum equivalent to the cost is transferred to the Fixed Asset Raplacement fund. For Motor Vehicles which are fulty funded. the grants r8ceiv8d for their purchase ar8 treated as Restricted Funds and the annual deprecialion charge is tsken from that Restricted Fund until the vehicle is fully Wtten down. Rlsk Managemgnt The charity aims lo manage risk at all levels of the organisation and has wrltten pollci8s on Health and Safety, Child Protection and Volunteers. Risk management is actively carried out in relation to gov8mance, finance, health and safety. equal opportunities and volunteer and staff saf8ty. Future Development The charity is now seeking to identify gaps in its service and develop new projects to meet the needs of its clients. Existing projects are also being evaluated to d6temine Ihe fulure strategy.
Page 7 VOLUNTEER FRIENDS (A company limited by guarantaa) ST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH, 2025 contlnuod Directors and Trustees Members of tha Managèment Committeé, who are directors of the Charity for the purpose of company law and Iruslees for the purpose of charity law, who served durtng the year and up to the date of this report, ar8 set out in th8 Ref8r8nc8 and Administrative Information of this report. One third of board members are subject to retirement by rotation at each Annual General Meeting. Potential new DirectOrsrUsteeS are identified on Ihe basis of interest shown in volunteering and on th8 basis of relevant skills. Candidates are given the opportunlty to find out in détail about the work of the Centre before being fomially appointed by the Trustees. Newly appointed Trustees are supported in becoming familiar with the policies and detailed working of thé organisation. Statement of Dlrectors, and Trustees, responsSbllltles The directors and trustees are required by law to prepare financial stalem8nts for each financial year, which give a true and fair view of the slat& of affairs of the charitable company and of tha incoming resources. and application of resour$ including the income and expenditure of the charitable ¢omp8ny for the year. In preparing those financial statements, the Oir8Ctors and Trustéés aré required lo.. select suitsble accounting policies and then apply them consistent. observe the methods and principles in th8 Charitiès SORP,. make judgements and estimates that are reasonable and prudenl., state whether applicable UK Accounting Standards have been followed, subject to any rnatefial departures disclosed and explained in Ihe financial staternents., prepare the financial ststsments on a going conc8rn basis unless rt is inappropriate to presume that the Charity will continue in existence. b) The directors and trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, al any time the financial position of the Charity 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 Charity and hence for taking reasonable steps for the pr6vantion and detection of fraud and other irregularities. This report has been prepared in accordance with the provisions applicable to companies entitled lo the small companies, exemption. Approval This report was approved by the dlrectors and trustees orb l 0 9IL ifflberand signed on their beh 2025 T. Smith. Chairperson
Page 8 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VOLUNTEER FRIENDS (A company limitod by guarantee) I report on the accounts of the company for the year ended 31 March 2025 which are set out on pages 8 to 20. Respon$ibilitia$ and basis of report As Ihe 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 thè Companies Act 2006 ('the 2006 Act,). Having satisfied myseW 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 examinalion of your company's accounts as carried out under section 145 of the Ch8rities Act 2011 I'thé 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission und8r section 145151{bl of the 2011 Act. Independent examlnees statement I have completed my examination. I confimi 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 Ihe company as required by section 386 of the 2006 Act- or 2. the accounts do not accord wilh those records- or the accounts do not comply with the accounling requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of an independent examination., or the accounts havè not been prepared in accordance wth the methods and principles of the Statement of Recommended Practice for accounting and reFlOrting by charitiès lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10211. I have no concerns and have come across no othér 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 lo be reached. Jane Biggs Chartered Certifie(J Accountant Armstrongs (Nun8alon) Limited Chartered Accountants Gethin House. 36 Bond Street Nuneaton Warwickshire CV114DA DATE..10 gliimbci 2025
Page 9 VOLUNTEER FRIENDS (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31" MARCH, 2025 Total Total Note Unrestricted Restrlcted 2025 2024 InGome and endowments from: Donations and grants 11,090 118.831 129,921 105,952 Activities for Raising funds 10,357 10,357 10.187 Income from investments 2,195 2,195 1,982 Income from Charitable activities 27,432 38,744 66,176 62,251 Other InMe Total Income and endowments 51,074 157,575 208,649 180,372 Expendlturo on: Expenditure on Raising funds 1.034 5,984 7,018 7.214 Expenditure on Charitsble activities 14,832 122,197 137,029 131,190 Governance costs 1,923 10.792 12,715 13.008 Total Oxpendlturo 17,789 138,973 156,762 151,412 Net income 33,285 18,602 51,887 28,960 Transfers between funds (52) 52 Nel rnovement In funds 33,233 18,654 51.887 28,960 Reconclllatlon of funds Total funds brought fOard 132,592 33.220 165,812 136,852 Total funds carrled forward 165.825 51,874 217,699 165.812
Page 10 VOLUNTEER FRIENDS IA company limited by guarant•el BALANCE SHEET AT 31ST MARCH, 2025 Note 2025 2024 Flxed Ass8ts Tangible Assets 10 Current Assets Debtors Cash at bank and in hand 11 10.784 210,320 12,095 156,806 221.104 168,901 Creditors.. amounts falling due within one year 12 {3,4051 (3.0891 Net CuThent Assets 217,699 165,812 Net Assets 13 217,699 165,812 Funds of Ihe Charity Unrestrlcted funds General funds Designated funds 118.325 47.500 g2.592 40,000 165,825 51,874 132,592 33,220 Restrfcted funds Total Funds 16 217,699 165.812
Page11 VOLUNTEER FRIENDS (A company limited by guaranlee) BALANCE SHEET AT 31$T MARCH, 2025- continuad For the year ended 31 March 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the wmpany to obtain an audit of its accounts for the year in question in accordance with section 476., 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 have b88n pr8pared In accordance with the provisions applicable to small ompanies subject to the small company's regime and in accordance with FRS102 SORP. The financial statements were approved by the Board on 10 and signed on its behalf by= 20zS R. T. Smith, Chairperson L. Snow mpa Registration No 04609837 The notes on pages 12 to 20 fomi part of these accounts.
Page 12 VOLUNTEER FRIENDS {A company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 Accountlng Pollclas a) The charity conslitutes a public benefit enlty as defined by FRS 102. Tha financial statements have been prepared in accordance wilh Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable lin the UK and Republic of Ireland IFRS102} issued on 16 July 2014 las updated through Update Bullelin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the Uniled Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011, the Compani8S Act 2006 and UK Generally Accepted Accounting Practice. Tho financial statements are prepared on a going concern basis under the historical cost convention, modified to include Certain items al fair valué. Th8 financial statemenls are presented in sterling which is the functional currency of the charity and rounded to Ihe nearest £. The significant accounting policies applied in the preparalion of Ihe financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. b) Th8 charity is a company limited by guarantee in England. In the event of the harity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office is given in the charity information on page 1 of these financial statements. c) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. d) Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the period in which they ar8 receivable. el Incoming resources from fundralsing and from investments is includ8d when receivable. Resources expended are recognised in th6 perloy In which they are incurred. Resources expended include attributable VAT, which cannot be récovered. g) Expenditure on govemancè of the chartty includes all expènditure not direcuy relating to the charitable activity. h) Depreciation is provided at rates calculated lo write off the cosl of fixed 85sets, less their estimated residual value, over their expected useful lives on the following basis: Office & Workshop Equipment 25 % Straight Line Computer Equipment 33.3ty10 Straight Line Building R8furbishment Over the remainder of the lease Vehicles (Newlllsecond Hand}- 25°A133.3% straight Line The purchase of Office, Workshop and Computer equipmènt from project granls is written off in the year of purchase against the relevant restricted fund and nol subjected to depreciation. Deprecialion of the Minibuses is charged against the grants received with Ihe balance of grants b8ing carried forward to cover future depreciation charges.
Page 13 VOLUNTEER FRIENDS (A company Ilmlted by guarantee> NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH. 2025 Accounllng Policies (continued) Where funds are received which apply to subsequent accounting periods, these are shown in the balance sheet as deferrèd income until the dale at which they are classed as income, at which time they are transferred to incomè. The cost of providing pension and related benefits is charged to the SOFA as incurred. k) Unrestricted funds ar8 donations and other incoming resources r8ceivable or generated for the objects of the charty wtthout further specified purpose and are available as general funds. Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure, which meets these crlterfa, is charged to the fund, logelher with a fair allocation of management and support costs. m} Designated funds are unrestricted funds earmarked by the management committee for particular purpos8S. n) Rentals under operating leas8s are charged to lh8 Statement of Financial Activities as they fall due. Analysis of Income Total Unr8Strlctsd Restrlcted 2025 Total 2024 Income from donatlons Donations Grants 11,090 139 11.229 4.194 Asda- Foodie Friends Awards for AJI - Foodie Friends Bulkington Health Support Charity Bulkington Volunleers Cost of Living-Food Packages Councillor Grant Coventry & Warwickshire Charitable Trust History Hub The National Lottery-Friendship Group VASA Community Transport Cost of Living WCC Cost of Living WCC Cost of Living Foc(I Packages WCC Councillor Grant WCC Medicar WCC Household Support Grant WCC Supported Shopping Service Woodcrafting Centre - Adults 400 19,933 4,500 3,244 400 19.933 4,500 3,244 400 350 1.329 1,329 5,791 56.618 19,995 1,000 2.100 57,668 12,095 57,668 12,095 544 2,100 4,050 8,451 4,378 2,100 4.050 8.451 4.378 4,050 3,846 4,319 3.289 118831 129921 105952
Page 14 VOLUNTEER FRIENDS (A company limited by guaranteel NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 Analysls of Income (continued) Total Total 2025 2024 Unrestricted Restricted Aclivltles for Ralslng funds Fundraising events Project managemont charges Oisdosure & barring service chécks 4,184 4,184 3,851 980 6,173 5,356 6,173 10,357 10,357 10,187 Incomo from investments Bank and Building Society Interest received 2,195 2,195 1.982 Income from Charitable actlvitlos Medicar charges Training fees received Supported shopping s8rvice contributions West Midlands Ambulance Service dialysistransport The Friendship group Singing with Dementia Woodcrafting centre salès Sales {Directl 23.134 23,134 22.029 120 3.475 2,982 120 3.475 12,135 12.135 12,550 16,698 16,160 4,971 3,838 5,623 4,662 20 30 16.698 4,971 5.623 20 27,432 38.744 66,176 62,251 Expendlture on ralslng funds Total Unrestrlcted Restrlctod 2025 Total 2024 Salaries, national insurance and pension Contributions 1,034 5.984 7,018 7,214
Page 15 VOLUNTEER FRIENDS IA company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH. 2025 Expenditure on Charitable activities Total Unrestrlcted Restrlcted 2025 Total 2024 Volunteer expenses Salari6s, nalonal Insurance and p8nslon Contributions Staff expenses Rent and room hire Telèphonè and internet Office expenses and equipment mainlenance utililies Training expenses Insurance Project costs Event and meeting costs DBS checks Subscriptions Management charges Depreciation 28,110 28,110 24,259 7,680 47,567 55.247 56,463 20 270 850 929 15,980 16.000 11,307 1,754 2,024 1,830 3,544 4,394 2,290 4.000 4,929 4,483 388 1,564 500 888 960 20,456 22,020 25,733 249 2,456 279 588 292 3,131 3,131 286 286 14,832 122,197 137,029 131.190 Governance costs Total Unreslrlcted Restrlcted 2025 Total 2024 Staff salaries, national insurance and pension contributions Rent and room hire Telephone and intemet OfFice expenses Utilitiès Insurance Professional fees- Accountancy etc Bank charges Management charges 1,623 6,292 7.915 8.468 192 15 186 16 235 65 4,500 4,735 65 3,677 60 392 1,923 10,792 12,715 13,008
Page 16 VOLUNTEER FRIENDS IA Company Itmited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 Staff costs and numbers 2025 2024 Staff costs were as follows.. Salari8s and wages Employers National Insurance Employers Pension costs 67,049 68,918 3,131 3,226 70,180 72,1M No ernployee received emoluments of more than £60,IJJO. Average monthly number of full-time equivalent employees in the year. 2025 2024 Fundraising Charitable activities Govemance Taxation As a Charity, Volunteer Friends is ex8mpl from tax on income and gains falling within sèction 505 of the Taxes Act 1988 to the extent that these are applied to its charitable objects. No tsx charges hav8 arisen in the Charty. Truslees, remunèratlon and oxpensos No remuneration was paid to trustees in the year. £Nil (2024 £NII) was reimbursed for trustee expenses. Fees for examlnatlon of the accounts 2025 2024 Independent examinerfs feès for reporting on the accounts 1.524 1,450
Page 17 VOLUNTEER FRIENDS IA company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 318T MARCH, 2025 10. Fixed Assets Unrestrlcted Office & Computer Bulldlng Workshop Equlpment Refurblshmont Equlpment Cost Vahlcles Total At 1" April 2024 Addilions in the year Disposals 2,976 1,891 17,382 22,249 At 31 sl March 2025 2,976 1,891 17,382 22,249 Deprèclation At 1 st April 2024 Provided in the year Disposals 2,976 1,891 17,382 22,249 At 31st M8rch 2025 2,976 1,891 17,382 22,249 Not Book Value At 31st March 2024 At 31st March 2025 11. Debtors 2025 2024 Other debtors Prepayments 3,237 7.547 4,903 7,192 10,784 12,095
Page 18 VOLUNTEER FRIENDS {A company limited by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 12. Creditors and Accruals 2025 2024 Other creditors Other taxes and Sla1 security Accruals and déferr&d income 470 (901 3,025 470 {603) 3,222 3.405 3.089 13. Analysis of Net Assets by Fund Unre$tri¢ted Funds Restri¢t8d Funds Total Fixed Assets Current Assets Current Liabillti8S 168.696 (2,871) 52,408 (534) 221,104 13,405) Funds Balance 165,825 51.874 217.699 The purpose of the designated funds (included in unrestricted funds above) is outlined in the trustees, report. 14. Penslon Scheme The Charity operates 8 Stskeholder Pension Scheme, i.e. defined contribution. for the bengfit of the employees. The pension ¢harge for the year was £3,131 (2024 £3.226). At 310t March 2025 £47012024 £470) was outstanding. 15. Lease Cornmltments The Charity has non-cancellable operating leases with an annual commitment expiring.. Office Equlpment Building$ Within lo five years 16,000
Page 19 VOLUNTEER FRIENDS (A company limitad by guarantea> NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 16. statement of Funds Asat Asat InGomo Expondlturg Transfor 31Jt Mar¢h 2025 2024 Unrestricted Funds.. General Fund Designated Fund.. Exit Costs Reserve Redundancy Reserve 92,592 51,074 17.789 {7,552) 118,325 30,000 10,000 5.000 2,500 35,000 12,500 Total Unreslrict8d Funds 132,592 51,074 17,789 152) 165,825 Restricted Funds: Asda - Foodiè Friends Awards for All- Foodie Friends Bulkingion Health Support Charfty Bulkington Volunteers Bulkingion Volunteers - Gre8nshoots Coventry & Warwickshire Charitable Trust History Hub Renal The National Lottèry- Friendship Group VASA Communtiy Transport- Cost of Living WCC Cost of Living WCC Counallor Grant WCC Medicar 3,886 WCC Household Support Grant 313 WCC Supported Shopping 2,151 WCC Vaccine Delivery 975 400 19,933 4,500 3,244 399 8,113 3,485 3.244 11) 11,822 1,014 (1) 367 367 1,329 1,381 52 5.791 2,871 5.791 2,084 12,135 12.922 7,156 57,668 50,312 14,512 9.000 710 12,095 18,047 1,254 343 26.925 3.976 7.914 291 3,048 2,100 27,323 8,451 7,853 1.757 4,284 4.788 2.090 684 Totsl Restricted Funds 33,220 157.575 138,973 52 51.874 Total Funds 165.812 208.649 156,762 217,699 The projects financed by the reslricled funds help to m88t the objects of the Charity as outlined in the Trustees report.
Page 20 VOLUNTEER FRIENDS (A company limited by guaranto8) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2025 17. Pur oses of Restricted Funds Pro ect Pur se Asda- Foodie Friends Providing food packages Funders ASDA Community Foundation National Lottery Awards for All En land Bulkington Health Support Charity Bulkington Volunteers Awards for All - Foodie Friends Bulkington Health Support Bulkington Volunteers Providing food packages Providing food packages and core costs Provide food packages Bulkington Volunteers - Greenshoots Coventry & Wafwickshire Charitable Trust History Hub For planling in the village of Bulkin ton. Equipment Funding Funds brought fOard Coventry & Warwickshire Charitable Trust To develop a future History related ro ect To help with non-emergency passenger journeys to the Renal Unit. To combat social isolation History Hub Limited Renal Funds brought forward. The National Lottery- Friendshi Grou VASA Community Trans WCC Cost of Livin WCC Councillor Grant The National Lottery Communi Fund Voluntary Action Stratford To providé core costs for trans rt servicés Food acka es Cooking with confidence- Healthy eating c¢Joking session Transport to medical intments. Hélp towards food packages Warwickshire CC Warwickshire Councillor Grant WCC Mediacar W8rwickshir& CC WCC Household Warwlckshira CC WCC Supported Sho in Service WCC Vaccine Delivery Covid 19 Supported shopping for eld8rl and disabled eo le. To cover transport costs for Covid vaccinations. Warwickshire CC Funds brought forward