Compalty re8istration number.. 04715323 CEwity registration numbcr.. 1099194 Mansfield Community and Voluntary Service (CVS) {A Co&0Y linJited by gU9rne) ADnual Report aud Fillanci31 State]nents for the Y¢8rElld¢d 31 March 2022 Communiry Awounting Plu8 Units l & 2 North West 41 Talboi Street Noniogham NGI 5GL
Mansfield Community and Voluntary Service {CVS) Contents Reference and Administrative Details Trnstees, Report 2to5 Indep¢ndettt Examinerfs Report Statement of Finallcial Activities 7108 Balance Sheet 9tolO Statement of Cash Flows Notcs to the Finattcial Statcmcnts 12to23
Mansfield Community and Volunt4ry Service (CVS) R¢lerence and Adminlstrative Detsi]s Trnstees Lady Ver¢)ni¢a Cooper Peter Clarke Craig Whilby Greg cninghaM Vanessa Whitton. CEO fiDm l July 2022 Steve Morri8. CEO, uniil 30 June 2022 Lesley Watkins, Partnership & Etwement ma[Ser slep11 C(v)per, Projeci Lead Carolinc Hor8nll, Operations MaJ)ager. until 31 Dttember 2021 S¢Dior MnAgem¢nt T¢m Charity Rezistration Number 1099194 Company Reglstratlon Nllmber 04715323 Registered oifite Communily House 36 Wood Street MANSFIELD NGI8 IQA John O'Brien. employee of CoKnmunity A¢cow]¢ing Plu5 Units l & 2 North West 41 Talbot Street Nottingham NGI 50L Independent EK*mlner Page I
M2n$field Community and Voluntary Servlce (CVS) Trusl¢es' Report Th¢ trustees, who are directors for the purposes of company law, preseni th¢ amiual report together with the fianCIal stat¢Tn¢nts of the charitable Lortwany for the ya2r ended 31 March 2022. Trustees and oftfl¢er$ The truste and offiLers servillg duriDg the year and sin¢¢ the year end were as follows.. Tru5ttes'. Lady Veronica Cooper Peter Clark Cr&ig Whitby Greg Cunnittgham lappointed 31 March 20221 Richard Yate5. lultil I l October 2021 Meknssa Soloinan, until 2 February 2022 Gavin Pea¢e, until 2 February 2022 Stru¢turey gov¢rnan¢t and managemellt ofgoverning document The eIlty is a company limitcd by guarantee al registered chatity. It is operated Ullder the rules of its memorandum and articles of &8sociath"on dated l July 2018. It has no share capital aad the liabEliry of ea¢h member in th¢ event of winding-up is limited to £1. Objective5 activitie5 Objec15 The Clwity's obje¢t$ are.. l.To prr)mote any eharitablt pury)os¢s for the benefit of the public, principally but not exclusively in th¢ local goverm)Jeni zrea of NL)tllnghamshire and its enviroD5 {here1fter called'lhe area of benefii,) and, Itl particulwr, build th¢ capacity of third s¢¢tor organi5atiOn5 and provide them with the llecess&ry support. infonnation and services to enible them to pursue or contribute to atty ehan'table purpose. 2. To promote, organise and facilitate c(poperatiots and P3rtneTh1P Working between third sector, statutory ad Oth rBlevant bodie5 in the achievement of tkne above purposes within the area of benefit. W¢ d¢v¢lop. conn¢Gt and support cotnmunily and voluntary groups in Mallsfteld & district. We support new aml exiqiing commurnity and voluntary groups. We make a dIffenCe to vulnerablc people and com]nunities. We help people into volunte¢ring through our Volunte¢r C¢ntr¢. We co4kvelop gttd d¢liver hcalth and social groups to people across knsfield. Page 2
Mansfjeld Communlty and Voluntary Service (CVS) Trustees, Report Objectivey, 5trAtegJes 4¢11lIeS We Were the recipient of Community Champions fi.ng, which enabled us to fund voluntrwy sector PTovision across Mansfield District. The fund enahled a communiry transport s¢heme, bett¢r connedivity, more provisioj) as we c4nie out of covid. It also supported strin8 covid messaging, the w¢cess of our prOJt gave confLden¢e io the lo¢ NHS to fund a smaller project across MidNott5. We supported the vc]ne rollou¢ co-ordiiiation of volunteers until March 22. Beirjg a IEad partTrEr arr0$5 the coufftty of Nottinghamshire. We supported all seven large sitcs, plus a couple of popup sites, in which over a Inillion jabs delivered. Working alongsid¢ N&SCVS we support¢d over two thousand volunt¢ers. We took on d¢livery ol. Building Better Opportunities fro our trading OTgYni5aLiDTr SLintilla. BBO $upport8 op]¢ baLk ints) empltsymeiil, educalion, atLd training. supporttng those whts are fLwthe5t away from the labouy mket with a tsilor¢d l-l journey. In addition tg taking on this from our trading Ami we also took on spts of cornunity training. deliyerittg Personal Social Dev¢lopTnent tltrougk wntracts wth Fuwres and Enable. Tbis supported over one hundred p¢i)ple locally. Our One st¢p at a Time project becam¢ a thriving succes4 builthng oj) th¢ previou5 yw and tnablitig more p¢opl¢ in Mansfield to be morc physically active. Our We Are vdefeab]e proje¢t came to an end in September 22, with p051tive results. now helping Mid Notts make decisions on physical Jctivitv and disability access. We delivered Safer Streets with Notts Poltce and MDC. ¢aThVlng residents about neighbourtkood issues. but also n¢ighbourhood colnmunity provision. In addition, MCVS were the lead for the Statc of the VCS Sector - which brought together & group of Nottinghamshire based infrastruciure organi5ations lo deliver a survey and focus groups on were our sector is in IL P05I pandetnic world. W¢ also delivered our Cominunity Food Distribuiion elwOrk with served well over lo,0 pcoplc in 21122 providing food to ov¢r sixteen 5¢parAte LhJriliLs, 50up kit¢h¢ns, communily groups. Our continued delivery of 0r Engagement contraGt with the CCG, feeding back VCe ttnd VCS deliv¢ry mechanisms to support the NHS. We w¢re succ¢55ful in an Awards for All •ppli¢ation in which w¢ are now d¢liv¢ring Disability Equality Trailling acr055 NottinghamshiTe, With over fify rttipieLts of the training so far - we will be taking tbi5 WOTk forward into 22123. We also supported the Census in MBn%field District acting 35 8 port tsf call tt) help people complete the ine version via telephone collsuliation. In addition to this we launched iyur tw 3-yeat strategic ploth- focusing on cortsmunication, partner6hips, place. and wellb¢ing. This 0Th851de our new website www.mansfieldcYs.org. with an upio-date diretlory or VCS provision across Mansfield. We continued to be an LTO for BIG Warsop (Big Lovdl funded) and we oversaw the penuItinIe plall - in which the Big War8op parthcrship acquire a Cotnmunity asset which we see os ihe ultimate l¢ga¢y of the PToje¢t. W¢ r¢¢¢iv¢d fihi)din¥ from Sh¢rwood Forest Hospitals to support di¥ital divide by a¢hIng fifty-four peopl¢ new IT gkills. Our building wntinued to mak¢ a small profit, but this ha5 reduced signifi¢4n¢ly pre pamlemic. with l¢ss buildirtg a¢tivity how¢v¢r, it has h¢lpd us re-ali8n our focu5 of what infrastructure should be dotng - and tlmt is Community-based work across every Lorner of our district. Our board decided to b¢gin th¢ pro¢¢ss of building sal¢ in this finan¢ial year and for MCVS to relocatc fo 5maUer pren]i5¢s alld be more involved ID community PTacti¢es- as p&rt of our stratcgic plan. Pmhllc bettef The trustees conf]rm that they have compli¢d with ibe r¢quir¢ments of section 17 of the Charities Act 201 I to havc due regard to tbe public benefit guid¥n¢e publisid by the Charity Con)mission for England alld Wale5. Pa8¢ 3
Mansfield Community And VoluntAry Servlee {CVS) Trustees, Report Financial review Our financial position ai the end ofthe year is healthy alld OUT OP¢fdting casbflow 1[plUS has increa8ed to levels we are happy to reinvest into the orgaiiisaiion. We have done this through the appointment of a new Operations Manager. The MCVS board Cognise the huge decision to TUPE the contracts and staff over from the Trading arm, Scintilla Consulting. and whilst this stretched cg4pa¢ity initially, it also helped mitigate gr¢>t¢r reLtundgncy risks with the trading arm (Scintillal. There are several risks faeing the sector, rising costs. stagnant 12bour rnthtet, highly CotItive inarkel. partnerships breakdomqjs. However we aTe confident we have built a solid reputatitsn of d¢liv¢ry and outcorne that C2n help mitigate these risks. Policy oil TaerpeJ Our re5erYes policy 15 3 months aDtieipated n2nning costs. This will be reviewed amiually with the Board of Tru5te¢s. As we [W have a htalthy cashflow, we would longer bc reliattt tsn building sale Dr ¢apital equjty r¢lease to cover these costs. FuDd$ held as eustodi&n Iru$tee on behalf of others Bec Humblc £4326 - Local Soup Kiichcn - bccame a constithtcd gr0P in 2020. Agreed a$ l(Jc21 infra%tru¢tUTe orgklli5ation we would hold ollto theLF fund5 until they opelled an account. This is currently being reviewed. Big Warsop - Local Tn]st - WE hold the funds fDI the Bi¥ Local LLbtt¢ry Pmject.. Big War50P - thi5 15 a 10 y 8raiii of £l,000,IK>O.00 to Lbe local Area to build ¢ommuoiti¢S. W¢ are now in the final plan 21-23. MCVS are the Local trusted organisation for Big Watsop and they reG¢iv¢ a 5V/o payrnent of every draw down of fidS as a martageTnent fee. StstemeDt OfTrMste, Re5ponsibi]itie5 The tmstees Iwly) are also the directors of Mansfjeld Community Voluntw Service (CVS) for the pu]P05¢5 of Lompany lawl are sponSible foT PfeP3rittg IhE trusl<¢s' report and the fingncial Statetllets in accordance with the United Kingdom Accounting Stattdards Iuttited Kingdom Generdlly Accepted Accounting Praciiee) appliGable law a]id tegulatiOll5. The repon and accounts have been prepared in aceordance with the provisions irn rhe c.ompanies Act 2(R)6 rel&ting to smau companies. Compatky law Teqiiires the trustecs lo prq)are financial staternenls for each financial y¢3r. UndeT company law the tjustees must not 8pprove the financial statements unless they are tISfied that they give a true and fair view of the $tal¢ of affairs of tbe ckniable Company aud of its incoming resources and application of t¢sourc¢ cludiog its incotne and expendilTe, fur Ihdl p¢ri(xl. ltt pr¢paring thes¢ []ntrial btatcments. the trustee5 are required to.. select suitable accoulltillg policies and apply them consistently., observe the rnethods and principles in the Charities SORP; make judgexTJents and estimat¢s that ar¢ reaso]Mblc and prudeDt- state whether applicable UK AccoulltlDE Standards have been followe(L subjeci to any n)aierial departures dI108¢d and explained in the fjnancial staments. and PTrpar¢ th¢ finanrial siat¢rneFts on th¢ goLng collcern basi5 uDle&s it is inappropiiate to presu¢ that the charitable Company will contillue in business. Page 4
Mansfield Community and Voluntary Servi¢e (CVS) Trustees, Report The injsiees are responsibl¢ for keeping adequate ac¢ountln8 records tha¢ ar¢ suffi¢i¢nt to show and explain th¢ charitable company's tran5artiops and di5¢105e reasonable acrutacy at any tiTne the finarKial position of the haritable compalky and enable them to ertsure that the r]nancial statements coFnply with th¢ Cofftpalli¢s Act 2006. They are also responsible for safeguarding the assets of the charstable compatty and hence for tsking reasonable sieps for th¢ prev¢niion and d¢ie¢¢ion of fraud and other irregularities. Sm&ll eomp8nles provlslom 8tAtement This report has been prepared in accr)rdaThce wtth the small companie8 regime under the Companies Act 21K)6. Thea 16112122 I rcportw85 vrd by the trustees of charity trn.................... al signed on its khalf by.. tady Veronica Co Trustee cr Page 5
Mansfield Community and Voluntary Service (CVS) Independent Examiner's Report to Ibe trustees of Mansfleld Community and Voluntary Service (CVS) Elldopendont examlner's report to tbe trustees of MAtt8fitld Community and Volunt4ry Service (CVS) ('tbe Comp4nv'l I report to thE ¢]wsty tru5t¢ts on my ¢xan]illation of th¢ accounts of the company for the year ended 31 March 2022. Responsfiblllties and basis Dfreport As tbe charity's tn]stees of the company land also its dii¢ctot5 for the purposes of company lawl you are responsible for the prcparatiDn of thL accounts in accordance witb the requircrncots of the Cotnpanies Act 2006 I'the 2006 Act'l. Havittg stlisficd myself thut th¢ accuunts of the Compally arc not r¢quired to be audiied under Part 16 of the 2006 A¢1 and are eligible for independent cxamination, I report in respect of my examinatlon Eif your chaTity's account5 as caTtied out under section 145 of the Ch]tieS Act 2011 I'the 2011 Act,). In carrying out my examination I have followed tbe directions given by the Charity Commtssioll under section 145151 (b) of the 2011 Act. Independent exY&miner'$ stgtemeut Sitt¢e the Company's gross in¢om¢ CKce¢ded £250.(K>O your examiner must be a ember of a body listed i s¢ctii)n 145 of the 2011 Act. l ¢onfim) Lhat l qualified to ILDdcrtake the exainination because l am a LMeTnber and Fellow of thc Association of Charity Independent F.xaminers, which is i)tte of th¢ listed bodies. I have COTnpleted my examinatioll. I confllin that no matters hav¢ c¢)m¢ to my attentton in ctsllncction wryth the t[nIrtIon giving caijsc to belicvc that in any matcrial r¢sptct'. accounting records were nol kept in respect of the Company as required by section 386 of the 2006 Act. or 2. the a¢counts do noi acco with those records., or 3. th¢ accounts do not comply with the accounting requirtmetjts of 5WtIDn 396 of the 2006 Act othu than any requirement that the accounts give a 'tsue and fair, view which is not a matter considered as part of a independent ¢vmAnation- or 4. the accounLE have TLOt bern prepared in accordance with the methods and principleb of the Statement of Recommended Practice for accounting and rcporling by charilic8 lapplicable to chariti¢s pr¢paring their account5 in accordance witli the FiTLancial ReportiD¥ stsndd applicable in ihe LK Republic of Ircland (FRS 10211 I h8ve no con¢ems and have come #cross no otheT terS in connection with the examination to which attention shouId be draw in this report in order to enable ¥4 properunderstaoding of the a¢¢ounts to be reached. MSC. FCCA, FCIE. employ¢¢ of Community Accounting Plus Fellow of the Association of Charity Independent Examiners Units l &, North West 41 Talbol Street Nottinghthm NGI 5GL TypÈ IxI Date.. 19112 Page 6
Mansfield Community and Voluntsry Service (CVS) Statement of Flnancial Aetlvltles for the Year Ended 31 Mar¢h 2022 (Including Income and Expenditure Aecount and Statement of Total Recognised Galns and Losses) Tot#1 2022 Total 2021 Unregtrlded Reslrieted Note Intome #nd Endowments from: Donations and l¢ga¢ie5 Lharitable wcliviti¢s Other trading activities Total income 22,695 54,716 45,756 22,695 848.067 4S,756 128.455 165,092 51,377 793,351 123.167 793,351 916.518 344.924 ExpeDrtitsre on: Charitable activities 146.3391 {553,179) (599.518) (293.222) Total expcnditure 46,339} 1553.1791 599,518) {293,222) Net iwome Trthsfers betW¢¢D funds 76.828 1,6301 240,172 1.630 3A7.0(K) 51.702 Net movement in funds 75,198 241,802 317.000 51,702 Re¢onelll#tion of funds Total fidS brought forward 444,603 47.790 492,393 440,691 Total funiL$ carried fomrd 15 519,801 289,592 809,393 492,393 All of th¢ ¢harity's o¢tlVLtie5 deTive frorn continuing operations during the abovc two period5. The fimds breakdown for th¢ p¢riod is shown in notr 15. The notes oth puges 12 to 23 fomi an ini¢8ral partof these finan¢ial statements. Pa8e 7
Mansfield Community Voluntary Servt¢e (CVS) Statement of Financial Activities for tILe Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the fiEure5 for the previous aecounting period and are included (or compar4tive purpose$ Unr¢$trl¢ted Restricte Total funds 21121 Note Income EndowiDents fro. Donations and l¢ga¢i¢s CIMritable acti71]eS Other tradig activities 128.455 23,015 51.377 128,455 165,092 51,377 142,077 Total in¢om¢ 202.847 142.077 344,924 ExpeDdfiture oll: Charitsble activities 1179,0031 114.219 293.222 Total exnditute 1179,0031 114,219 1293.2221 Net income 23,844 27,858 51.702 Net movemellt in funds 23.844 27.858 51.702 RetonciltatloD of funds Total funds brought fonvard Tottl fvnds catried fonvard 420,759 19,932 440,691 15 444,61)3 47,790 492,393 The notes on pages 12 to 23 fomi an int¢gral part of th¢s¢ finan¢ial stst¢m¢ttts. Page 8
Mansfleld Community and Voluntary Service (CVS) (Registr*tion number: 04715323) Bal#nee Sh¢¢t 25 at 31 March 2022 financial 51ateiTLEllts on pages 7 to 23 were approved by the ttvstees. and auihorised for issue on . and si8ncd on their behalf by: arke Trustee The notes otl pages 12 to 23 fomi an inte8fAI part of thc3e financial statcrnents. Page 10
mSfield Community and Voluntary Serviee (CVS) (Registration number: 04715323) Balanee Sheet as at 31 Mareh 2022 2022 2021 Note Flxed assets Tangible assets 419.985 429,386 Current a$sets Debiors Cash at bak )d in had 10 11.975 66,215 78.190 395,489 395.489 Creditort: AmtI falllng dme Tryitbin one year 12 (6,081) 10,602 Net ¢urrent a&&ets 389,408 67.588 Total asgets Itss current 118blltl¢$ 809,393 496,974 Crtditors: Anwunt5 falllng due after more than one year 13 14.5811 Net Assets 809,393 492,393 FuDd$ of tbe ¢harfty: Re8tri¢ted itieomt fund$ Restricted fullds 15 289,592 47,790 Unrestricted inclbme fvnds Unrestricted fiujds 519,801 444.603 Total funds 15 809,393 492,393 For the Fitmicial year ending 31 March 2022 th¢ chaTjty was entitled to exernplion ftom audit under section 477 of the Cornpanie& ALI ?006 relaiin8 10 small £ornpanies. Directors, respon5ibilitie5'. Th¢ n]be[S have lloi tequtred the chriry to obtain En 9udit of it5 accounts for the yeaT in questiDTr in accordanc< section 476., and The ectorS acknowledge tbeir Tesponsibilitie5 fur Eomplyittg ibe rquir¢m¢nts of th¢ AL'I Te$p¢¢t to a¢couniingrtcoKas the pr¢pat&tion of accout. These accounts bave k¢n prepared ill accordance with the pTovisi(Trns appliLable 10 ¢ompaJlles subj¢et io the Small cIMnpanicE rtgim¢. These financial 5taternents have been prepared in accordance with the special provisions E¢latiDg to companies subject to the small cownpanie5 regiTtie Iiithin Part 15 of the CompAni¢s Act 2006. The nt)tes on pages l2 to 23 form an inte8fdl part of these fiDaAcial statements. Page 9
Mansfield Community and Voluntary Sellee (CVS) Statement of Cash Flows for the Year Ended 31 March 2022 (As resthted} 2021 2022 Note Cash flow$ frfjm oper&tin8 actlvltles Net Cash incofftc 317,000 51,702 Adjustments to cash flosvs from nonry£8sh Item5 Deprcciation 9.401 10.158 326.401 61.860 Worklng ¢Apithl fidjDstments D¢¢r¢as¢ in debtors Increasellde¢Teasel creditors io 11.975 60 12.318 10.699 12 Net cash flows from opetating activitii 338.436 63,479 l]ows from fin4Dclng #ctivitie Repayment of loans and borrowings 12 {9.162 19,1611 Net IDcr¢a3e in cash aE)d cash equivalents Cash and cash cquivalcnts at l April 329,274 54,318 66.213 11.897 Cash and cash equivalents 8131 March Reeonchllatlon of llet cash flow to movernent In net fllnd IncT2ase in cash 395,489 66,215 329,274 54,3 18 Net fvnds at l April 2021 66,215 11.897 Net 31 March 2022 395,489 66,215 Ail of the easb flows we derived from cOntinillg operation8 durin8 the abov¢ two peri(xl& The notes on pages 12 to 23 fomi an integral part of these fiMtKial sw¢meYJts. Pagell
Mansfield Community and Voluntary Service (CVS) Nole$ to th¢ Flnanclal Statements for the Year Ended 31 l¥larch 2022 l Accountlng pollcles Summary of slgnlficant &c¢ountlng poll¢le$ key estimates The principal accountinu policies applied in the preparatii)n of th¢s¢ firwllcial 5tatemeHts are set out below. These policies h&ve been Lls1stelt1Y applied ts) all the Yea pres•)ied, uD]eSb (rtherwi5c ststed. Statement tsf eompll#nce The finaD¢ial statements bave bec prepared in accordance with Accowiting and Reporting by Charities.. Stat¢Tn¢nt of R¢ronim¢ndtd Practice (applicable to ch&ritics preparing their &¢¢vunts in arcordance with the Financial ReportÈng Standard applicabl¢ in the UK and RepblIC of Ireland {FRS 10211 (issued in October 20191 (Charities SOIiP {I,'RS 1021), the Financial ReiN)rting Sthd&rd applicable in the UK alld Republic of Ireland {FRS 1021 and the Cornpanie8 A¢t 2000. Basis ofpreparatio Mansfield CoÈnmuntry a1 Voluntary Servic¢ (CVS) mccts the definition of a public bcrtefit Cllltty undeT FRS 102. A5set5 and liabilities are initially recogni8ed at historical cost or tr8nsaction value unleys otherwise stated in the relevant accounting policy notes. Going concern The firtancial statements have been prepared oll a going concern basis. The Irust¢e5 asst5s whetheT the use of going concern $ appropriat¢ i.e, whether there are any material uncertainties related to events or conditioos that may cast sig]]ifitant doubt the ability of the charity to continue as & going coneenL The ttustees make this assessment itt respect of a periDd of oDe year from thc date of apprnval of the fuClaI stat¢Jn¢nts. ID¢ome and endowments Voluntsry income including donatjolls. gifts, legacies ?d grants that provide ¢ore funding or are of è general natur¢ L5 recognised when the charit), has entitlement lo the incom¢, it is probable that the income will be received gnd the amount can be measured with suffi¢ieni r¢liability. Dolldlions legocies Donatiohs are recognised when the charity has been notified in writing of both ihe amount and s¢ttl¢ment datt. In the eveni ihat a donation is subject l(} conditions that rcquire a levcl of pcrforniance by tkc charity befoTt the charity is entitled tts the [Ld$. the income is deferred and not recoxnised until either th()s¢ Conditions fidly meL or the fulfi]ment of th08e conditions is whollv within the ctsntrol of the chatity and it 15 probable that these condilioiis will be fiLlfilled in th¢ reportiThg PClllMI. Grants receivHble Grants ar¢ recognised when the cliarity ha5 an entitlement to the funds and &ny conditjons linkcd to thc gFanls have been met. Where PeTforniance condition5 are attached to the grani and are yet to be illeL the income is re¢oÈnised as a liabiliry and included on the balance sheet as d¢ferr¢d income to be r¢l¢ase Page 12
Mansfield Community and Voluntary Servic¢ (CVS) Notes to the Flnanclal Statements for the Year Elld 31 Mar¢h 2022 Exptttditore All exp¢nditur¢ is gniSed on¢e there is a leg)1 or ¢onstructiv¢ obligation to that ¢xpendithrc, it l5 probable $¢ttlemeni is required and the amount can be meagured reliably. All costs are allocated to the applicable expenditur¢ he4din8 that a8gr¢gate similar costs to that category. Where costs cannot be dir¢ctly &ttTibut¢d io partiLular headings they have been allo¢aied on a basis ¢onsxstent with the use of resources. with central staff costs allocatd on the basis of tiTtL¢ spen4 and dtPTeLiation charges allocat¢d on thc portion of thc a55Ct'S Use. Other support costs are Allocited based on the spread of staff costs. ChrIfhlE octivilies Charitable expenditure COTnprtse5 those costs incunrd by the Ch7ty in the delivery of its activities &nd services for Ils b¢ftefJciaries. It includes both costs that Can be allocated direttly to such activities and thos¢ eosL8 of an indirect nature necessary to support them. Gowernment grants Government grants are recognised based on the accnjal model and are measured at the fair vallle of the ass¢l received or rec¢ivabl¢. Grants are classified as r¢lating eith¢r to revenue or to assets. Grants relaiing to revetwe are re¢ogni$ed In income over the period in whieh the related costs are recognised. Grants Trlatiiig to assets are recognised aver the expected use1 life of th¢ set. Where part of a grant relating to an asset is deferred. it is recognised as deferred income. Tax4tio The Lharity is constdered to pass the tests set out in ParabTraph I Schedule 6 of the Finance Act 2010 aThd tILereforc it meet5 th¢ defhnition of a charitable co]npany for UK corporation tsx piiry>ose5. AccordinEly, the ¢hariiy 1$ potentially exempt from iaxation ID respect of income or capital gains received within ute8orieb covered by Chapter 3 Part I l of the Corporation Tax Act 2010 OT Section 256 of the Taxation of Chargeable Ga5 Act 1992. to the extent that Such inEotn¢ DT gajns are app5itd exclusively to rbarilabl¢ puryosrs. Tan%ible fixed assets tndiyidual fixed &sset5 COStin8 £500.(M) or more are illitiatly rOrded at cos¢ less any 5ubsequenÉ aceumulated depreciatio and subsequeni accumulatd impairment losses. Depreciation arnortisgtion Dq)reciation is provided on tangible fixed 80 as io vniie off the Cost or valuation. less any estitnated rtsidual value, over th¢ir cxpcctcd uscful cLonomic lif¢ a5 follows.. Asset class Land & buildinBs Furniture & equiprnent Computer equipmeDt Deprecl#tlon tnethod alld rats 50 y¢irs straight lin¢ 25Yo reducing balance 25Q/• straight line Trade dtbtors Trdde debtors ate amounts due from customer5 for merchaudise sold OT service5 perfonned in thc ordinary COUTS¢ of business. Trad¢ d¢btors are recognised initially at the trattsaction price. They are subsequently me&8ured at amortisa cost using th¢ ¢ff¢ctive interest method. 1¢8$ provision fgr impaimi¢nt. A provision for the impairm¢nt of trade debtors is established when rhere is obJtIVe evidence that the charity will not be able io collect all amounts du¢ a¢cording to the original tern of the receivables. Page 13
MY4llsfield Community and Voluntary Seriryce (CVS) Notes to the Financial Statements for the Year Ended 31 March 2022 Cash aAd eash equtval¢n*$ Cash and equivalents comprise c2sh on hand and call deposit& otiier short-tem) highly liquid nve51m¢nts thai are readily convertible to a known amount of cash atml Are sublt lo an in5ignilicani risk of rhange in value. Fund structure UtJre$tncied income funds are genernl fiJnds that are available for use at th¢ trustees, discretion in fikrtherauce of the obj¢rtives of the clwity. Restricted incom¢ funds are those grauls for us¢ ill a particu]ar aret4 or for spe¢ifi¢ pury05e5. the of which is r¢stricte41 to thal area or putpube. P¢n$ion$ gnd other post retirement obilgAtlons The Lharity operates a defined corttribution pension sch¢me whioh is a pensiott plart under whtch fixtd ontributions are paid into a p¢nsion fund and the charity has no legal L)r constrwtive obligation ¢0 pay fiuther ¢tsntributioDS even if thc fut]d dots not hold SU1t1¢t assets io pay all employees the benefits r¢lating to elnployee service in tbe current prior periods. Contribulionb Iv defined contribution plans are reCOlSed ill the Statement of Finallcial Activitie.< when they are due. If coThtributivD payments exLeed the c1]but10 due for setvice, th¢ ¢xc¢s5 is recogntscd &8 a prepayment. 2 IDcome from donatlibn$ and le8xie5 Unreytricted fund5 GctLLral Tot#1 2022 Total 2021 Donations and legaGie5', Dorthtions from compajiies. tNsts and similaT proc¢¢ds Grants. including capital grdnts,. GoY¢rnLnent srants Granta from other clLariti¢s Grallts from compani¢s 1.650 1.650 30,667 15.997 5,048 15,997 5,IH8 66,939 9.545 21,304 22.695 22,695 128,455 3 Income from charAt&ble Aetlvlti¢$ Uurestricted fund$ General Restri¢ted funds TotAI 21122 Total 2021 Managemeni fees GTants Sundry income 47.604 8.860 783.991 500 56.464 783,991 7,612 23,015 142,077 7,112 54,716 793.351 848,067 165.092 Page 14
Mansfield Community and Voluntary Service (CVS) Notes to the Finanelal Statements for the Year Ended 31 Mar¢h 2022 4 Grants & dontioths Unrestrlcted funds Re$trl¢ted funds Total A¢tivc Notts Age UK National Lott¢ry CoTEJmUTLity Fid CCG Enable Giving Fotte Foundation Groundwork Gr¢at¢r No¢tinglMn HMRC IJRS) Sir John Eastwood Foundatio Mansfield District Couneil Ncwark & Sherwothj CVS NHS El PrentIOn Nottinghamihirc County Council Sherwood Trorcst Ho8Pit4LIs Souier Trnst Sport EDgland Sundry donations Thoma5 Fa W¢si¢rn Power 11,S(K 7.5 8.236 27,400 1,560 11,500 7.5 8.236 27.41Mb 1,560 1,048 172,000 1,000 1.048 172,000 1,000 13,500 195,739 43,520 200.000 68,745 10.000 209239 43.520 200,000 70,242 10,000 3,000 28,125 1,650 3.000 6,666 ,497 28,125 1,650 3.0(K> 22,695 783,991 806.686 S IneoThe from other tr4dlng 4¢tlvldfs UnrtStricled fuThd5 General Trt#l funds T•txl 21J21 Property rental inco]ne 45,756 45.756 51,377 45,756 45.756 51.377 6 Expemdffituye on cbllrltsble 8¢tlvitie$ unreStictsd General funds Restri¢ted fund Totl 2022 Total 2021 Administration Adverti8in8 Communications 4.179 1200 14.786 4.179 1.200 15293 424 45 J84 507 Page15
Man$field Community and Voluntary Service (CVS) Notes to the Financial Statements for th¢ Year Ended 31 March 2022 Unrestricted GenerAI fuAds Restricted fllDd3 Total 2022 Tfrtal 2021 Finance costs InsurAnus rr Cosis Legal & profe55ional fees OffL¢e supplics Partll¢r8hip palentS Premises costs Cleaning & hy8iene R¢pairs & maintenance 2,089 2.089 2,772 15.619 6.666 468 156.432 2,500 1,278 4,069 7.996 9,076 350,631 214 1.182 9,401 2.026 3,146 2.877 4(M 2.67? 5.049 11.022 6,930 2,053 48,882 1,041 515 1,534 10,206 97 143.812 3,071 372 10.158 2,772 15,604 5,215 46S 136,399 2,500 15 1,451 20,033 1,278 2,570 1,499 7.996 6,527 349,3 18 SLudry purch3sts Salaries hUC.'s & p¢nsions Tr4itting Travel & 5ubsi$tence Depreciation Othti st8ff costs IQA 549 1,313 95 45 9.40 566 3.146 2.877 1,137 1,460 c.ommunity training Volw]te¢r ¢xpen$es 46.339 553,179 599.518 293,222 7 N¢t iD¢ominWoutgoing r¢gour¢¢ Net incoming resourtts for the year include.. 2022 202) DEPTecialion of fixed assets 9,401 10,158 8 stsff costs The aggregate payroll costs were 8$ follows.. 2022 2D21 Staff costs during the year were: Wages and salaries Social security costs Pcnsion costs 3 15.775 27.165 7,691 19,129 17,488 7,195 350.631 143,812 The monthly aYera8e number of persons lincluding senior managemcnt t) employed by the charity duriog the year was as follows.. Page 16
Mansfield CommunAty and Voluntary Service (CVS) Notes to the Financial StstemeDts for the Year Ended 31 Mareh 2022 2022 No 2021 r40 Average number of employees 18 13 1412021 10} of the above employees participated in the Defm¢d Benefit Pensiort Sehemes. Contributions to the ¢mploy¢¢ pension schen5 for thE yeariotslled £7.6911202L - £7,195). No ¢mployee received emoluments of more tIMn £60,(MJQ during the year. The total employee benefits of the key management p¢rs¢)]]nel of the ¢lwity were £153,43112021- £88,207). Pa8¢ 17
Mansfield Community and Voluntary Service (CVS) Notes to the Flnancial Statements for the Year Ended 31 March 2022 9 TaDglble fixed assets Land and building5 Fun)Iture and eqiiipment C&mput¢r equipment Total Cibst At l April 2021 460,910 128.610 22,265 611,791 At 31 Miich 2022 460,916 128,610 22,265 611,791 Depreclatlon At l Apnl 2021 Charge for thE y¢ar 32,263 9.218 127.877 183 22,265 182.405 9.401 At 31 March 2022 41,481 128,060 22,265 191.806 Ntt book value At 3 I Mar¢h 2022 419.435 550 419.985 At 31 Marcb 2021 428,653 733 429.386 10 Debtors 21122 2021 Trade debto Other d¢btors 671 11,304 11,975 11 Cash eash equivalexts 2022 2021 Cash on hand Cash ai bank 3) 395.189 280 65,935 395.489 66,215 J2 Credliors: amounts f911ing due wIth1 ye8r 21122 2D21 Oth¢r loans Other credito 4.581 1,500 9.L62 6.081 10,602 Page 18
Mansfield Commmnlty Voluntary Service (CVS) Notes to the Financial Ststsm¢nts for the Year Ended 31 March 2022 O¢htr borrowlngs North¢m Impact Fund with a caTryill8 amount of £4,581 12021 £13,743) is denominat¢d in witl) a nominal interest rate of 6.50/0 (2021- 6.5Y•). The final instalment is due on 15 September 2022. £763.83 p¢r month 13 Credltor$: atllounts falilng due After ont year 2022 2021 Other lojns 4.581 14 Cbarlty 5t•tUS Thc ch8rity TS a company IiTnited by gUatte and ¢ODsequ¢ntly does not hav¢ share capitsl. Each of the trustees is liable to CODtribute an amouAt not exceeding £1 toward$ the assets of the charity in the event of Page 19
Mansfield Community and Voluntary Service (CVS) LNotss to the Financial Statements for the Year Ended 31 March 2022 15 Funds Balance at 31 .Mareh 2022 Bglanee gt I April 1021 Incomlllg r¢source$ Resourtes expemded Tr#nsfer$ Unre8trieted funds GeM¢i41 General fiuKI 444,603 123,167 146,339} {1.6301 519.801 Restricted funds Building Berter Opportlmities Bellamy Cettsus Community Champions Disability Training Engagernent Services Fin8claI Resiliance Food Distribution Network Get Notts Connectrd 172,OIKI 59,530 8,860 175,909 8236 17,900 6,600 7.752 10,000 7.500 1.560 10.312 167.0(X) 1173,348) 1.348 59,530 (8,8601 {162.8131 (651 137,1881 13,096 8,171 19.288 6,600 6,752 5,000 2,500 (1,(0) 15,0001 15,000) 11,842) (10,3121 Kickstan LIS NHS Prevention Notts. Vaccinuion vollte¢rS One Step at a Tim¢ Safer Streets Statc of th¢ Sector We art Undefeatable Strnttgic Plan Wesiem Power 282 167,0(X) 13,231 1.694 43.520 21,781 14,800 22,300 28,125 3,000 6.666 156.7511 (13.2731 114,8001 120,1751 133.086) 13,0(X)} 16,6661 10,202 2.125 8,616 13,577 Totil restricted fuDd5 47,790 793,35 553,1791 1,630 289.592 Total fuDd6 492,393 916,518 (599.5181 809,393 Page 20
Mansfield Cornmunity and Voluntary Service (CVS) Notes to the FiDanell Statements for the Year Ended 31 March 2022 B#lxn¢e at I Ap¥il 202• In£0m5g reH+urees Resources expended BalaDce &t 31 Mareh 21121 Unrestricted funds General 420.759 202,847 (179.003) 444,603 Restrieted Engernent Services Notts. Vaciinatii)n Volunteers One Step at a 1.imc We are Undefeatable Fielding the Need 35,350 21,190 3.000 37.500 45.037 116,0621 (7,9591 {1,3061 {43,8551 145.0371 19,288 13,231 1.694 13,577 19,932 Totsl rutrf¢ted fundi 19.932 142,V77 114,219} 47,790 Ttst fvLd8 440,691 344,924 293,222 492,393 The specific purposes for which the funds are t(Tr be applied are as follow5.. BBO- SupportlEI8 econolca1IY inactlVE individual$ into education, employment and rdining. Bellamy - Fundcd through, NHS Prevention INSHEII, Active Notts. MDC and MCVS suyport long community provision. Census- to 8UPPOrt residents lo undertake the Digital con5US. Community Champions- Ulili5ing the VCSE to 5UPPOrt Covid-19 recovery. Engagement SeTVAces - Ccti funded to rqjort bark tm VCSF. activity that supports the NHS activity Fillancial resilience Futldirtg to $upwrt the mapping and detailed provision of Fin2tt¢ial support across NottingIllmshire Coullty. Food Distribuuon Network- Managing and di51ributiry&T food to clwities, food b3nks, tomjnuniry wpg. Get Notts Collnecled- Bridgingi the digital divide through basi¢ IT training IAPT- Supporting the over 65,5 It0 tang therapies Kick%tart - Govemment s¢hem¢ supporting Itl -24 years into a 6 rwnths paid placement MCVS Employed 2 x individu8]8. LIS- Local InfrastLWCture Support- Suppomng Core funding for volunleeriiig. NHS Pr¢vention - This is a 18 nu)nth fund stsrting from April 22 - Oct 23. MCVS ar¢ the grnot holden for this fund. Notts Vac¢inaiion Volunteers- C(0rdination of Volunteers across 7 sites across Nottinghainshire. One Step a¢ a Tim¢ - To supwn walkiDL< groups ¢0 in¢rea8¢ physical activity. Safer Stre¢ts Working with NoL15 Police and NIJDC to encourage ncighbourkood alerts and cohcsive commiinities. Stra¢¢gi¢ Plan - Thomas FJff donation to support th¢ research and dev¢lopment of a new 3 year strate8ic plan for MaDsfield CVS. We are Undef¢atbl¢ - R¢S¢ah and guid8llc¢ inio ill¢r¢&sing physi¢al a¢tiYity IJJ M2nsfi¢ld District. We5ttrn Power- SUpports Comm1118 to undtrtAk¢ encrgy saving tips. a collaborative to The transfers frorn the General fund are to cover the net overspend ots vorious aciivi1i. Pa8e 21
Mansfield Community and Voluntary Service {CVS) Notes to the Flnanclal Statements for the Year Ended 31 March 2022 16 Analy5i5 of net ets between funds Unrestrlcted 21122 Totgl funds GeReTal Restrleted Tangible fixed a55¢15 Curreiit assets Current liabiliiies 419,985 105,897 16.0811 419,985 395.489 16.081) 289,592 Total nei assets 519,801 289.592 809,393 Unrestricted 2021 Total funds General Ro%tritSed Tangible fixed assets Current asset5 Current liabilitie8 Creditors ov¢r l year Total tsd asseL8 429.386 30,400 110,6021 14.581) 429,386 78,190 110,602) (4.S81 47.790 444.603 47,790 492,393 17 3rd party fuDd6 Openlng Incomlng re50urcts (Ruourecs ¢xptNded) Total Big Loca] BeL' Humblc 177.760 300 {215.917) 16,175 4,326 4,026 58,358 178.060 {215,917 20,501 B¢e Humble Soup Kitchen. Bce Humble to open their own account in 22123. Big Warsop. Held on behalf of Bi8 Warsop partnership. MCVS iet&in a 5Q/o management fee.. Page 22
MaD$fi¢ld Community and Voluntary Service (CVS) Notes to the Fin1claI Statements for the Year Ended 31 March 2022 18 Fees p&y&ble to indepethdent examiner During (he p¢Kiod, the ftt8 puyablc {¢xcluding VATI to the ¢hwity's independent exatniner Community Accounting Plus Are 8nalyscd follow5.. 2022 2021 Independent exaffliriation 1250 12OD 1,200 19 Taxatio Tb¢ charity is a registetcd charity and is therefore cxempt fEDTn laxatiort. 20 Trnstee& remuDer*tlon and exp¢n5es No trustee5, nor any persons connected with them. have received any remuneration from the charity during the No tn]stees have Ttceived any reimburscd QKp&nses or any otherbenefjls from the charity during ihe Yr. 21 Related party transACtlons There were no relatcil party transactions in the year. Page 23