Company registrarilin number." 04715323 Charity registration number.. 1099194 Mansfield Community and Voluntary Service (CVS) {A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2023 Conimunity ALCOUlitin¥ Plus Unit5 1 & 2 Nortl) West 41 Talbot Street Nottingham NGI 5GL
Mansfield Community and Voluntary Service (CVS) Contents Reference and Administrative Details Trustees, Report 2to5 Independent Examinews Report Ststement Of Financik)l Activities 7t08 Balaiice Sheet Statement L)f Cash Flows 10 Notes to the Financial Ststsments 11 to 23
Mansfield Community and Voluntary Service (CVS) Reference and Administrative Details Trllstee5 Lady Veronica Cooper Peier Clarke Craig Whitby Teresa Cullei) SeThior Mallagement Team Vanessa Whitton, CEO Lesley Watkins, Partnership & Engagement Manager Stephen Cooper, Project Lead Joanne Wakefield, Senior Manager Charity Registration Number 1099194 Company Registration Number 04715323 Registered Office Civic Centre Chesterfield Road South Mansfield Community Voluntary S¢rvi¢e Man%field NG19 7BH Itldependellt Examiner John O'Brien, employee of Coinmunit>' Accounting Plus Unit5 1 & 2 North West 41 Talbot Street Nottin¥hain NGI 5GL Page I
Mansfield Community and Voluntary Service (CVS) Trustees, Report The tru5tee5, whts are directors for the PUTP05es of company law, present the annual report together with the fiiiancial stateTneiits of the charitable company for the year ended i l March ?02i. Trustee5 and officers The tnjstees and otTicers setrying during the year [d sii)ce the year ei)d were as follows= Trustees.. Lady Veronica Cooper Peter Clarke Craig Whitby Greg Cunniiitsham (resigned l O September 2022) Teresa Cullen (appoijited 5 April 20221 Strueture. governance and management Nolure ofgoverning documeKI The charity 15 a coinpany limited by guarantee and regFistered charity. It is operated under the rules of its memorandum and articles of as50ciatioii dated l July 2018. It ha5 110 share capital and the liability of each member in the event of wii)ding-up is limited to £1. Objectives and activities ObjeLLs' und cim3 The Charity's objects are". l.To promote any tharitable purposes for the bei)efit of the public. principally but not extlusively in the local government area of Ntsttii)gl)amshire and its environs (heieinaftei talled'the area of benefit") and. in particular, build ihe capacily of ihinl S¢Litsr organibaiions and provid¢ them with the n¥cessary suppoil, infoimaiioi) anL1 services to enable them to pursue or contribute ro any charitable purpose. To promote. organise and facilitate co-operation and pannership working beiween third sector, statutory and other relevant bodies in the achievement of the aix)ve purposes wirhin the area of benefit. We develop, conneci and siipport community and voluntary groups in Mansfield & district. We support ne. and existing community and voluntary groups. We inake a difference to viilnerable people and communities. We help people into volunteering through our Volunteer Centre. We co-develop and deliver health and social gFroup5 to people across Mansfield. Page 2
Mansfield Community and Voluntary Service (CVS) Trustees, Report Objeclives, Slrulegles uctivitics Mansfield CVS is a not-for-profit infrastructure orbFaiiisation. We provide a support framewoTk so that local organisatioi)s can then support the coinmunitJ'. We do this via 8 themes which are- Comms. & Marketing. Ii)sight & Intelligei)ce, Sustsinability. Govemance, Volunieering. Networking. Coinn)unity & Engagement & Training. We would like to thank all of our funders.. Mansfield Distriei Council. Nottinghainshire County Council. Notiinghamshire CCG Now ICS, Groundwork Greater Noitingham. Sport England, Enable. Futures. Wesieni Power, National Loitery Awards for All. Thomas Farr Fund, The Census Team, Notiinghamshire Plilice, Shenvood Forest Hospitals Massive thanks to trusts for donations.. JM Derbyshire, The Mansfield Rotsry Club, John Eastwood foundation. Partners in Ihe VCSE Newark and Shenvood CVS on the joint collaboration work for the vaccination volunteers Our Mansficld Community Anchor Organisations Ladybrook Eiit¢rpris¢, Kingsway Hall, Vibrant Warsop, Man%field Woodhi)u%e Community Development £roiip. CT4N, Our Centr¢, Friends i)f Bellamy. Bellgm}' Road Tenants Association. For making Community Chgmpions a massiv¢ suc¢ess. Finally, to anyone who volunteered for any of our causes minute of your contribution. we are forever grateful and we value every single Publlc bellefil The trustees confimi that they have complied with the requiremenis of seciion 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Financial review Although a significant project (BBO) ended during this financial period {March 2023) it came shortly before we sold our building (Community House) in August •02i. The sale of this asset has provided us with a period of stabiliry to be able to focus on ho. we deliver L)ur core objective of being an infrastructure organisation. li gave us the opportunity to re-focus on what this means and how we do it. As part of the review of MCVS'S core offer we have recognised that some of the projecis that we have delievered in the past could be seen as being in competition with the groups and organisations that we are here to support. The reason for this is because MCVS has needed to generate income in order to be able to deliver infrastnictiire support, becaiise historically infrastrllctllre has not been nded. By being involved in a number of high level strategic meetingslstecring groups. having a clear "offer" and evidenc¢ to demonstrdte what we do, we are Starting to be able to it]fluence this and are 5eeingF more of a willingness to invest in iiifra5tn]cture work by a number of partners siich as Maiisfield District Council, Futiires, Nottinghainshire County Couiicil, Nottingham Trent University, NHS. Active Notts & ShetTrvood Forest Hospital. Polley rts¢rvÉs Our reserves policy is 3 months anticipated running costs. This will be reviewed every 6 months with the Board of Trusiees Page 3
Mansfield Community and Voluntary Service (CVS) Trustees, Report Plans for future periods AinLF tTnd key tshjeclive.sffjrfulureperi¢Jds We will continiie to promote the iiifrastructure offer through a co-ordinated and planned marketii)bF campai. We will ensure that we actively represent our VCSE sector tneinbers at an operational aiid strateLTiC level. We will coiitinue to develop the Voluntsry ComTnunity Sector (VCS) Forum, deliver our comtnunity iietWOTk meetings. promote and showcase the work of the VCS Sector and provide insight and intelligence iii order to ei)5ure that ui)der-represented coinmunities are repiesented in order to ieduce inequalities. Funds held 85 Custodian trustee on behalf of others Big Warsop - Local Trust - we hold the fut)ds for the Big Local Lottery Pn)ject'. Big Warsop - this is a l O year grant of £ 1,000,000 to the local area to build cominunities. We ale now ii) the final plan 21-?3. MCVS are the Local trusted ortsanisation for Big Warsop ai)d receives a 5°/ payment of every draw down of funds as a management fee. Big Kirk Hallam - Local Trust- we hold the funds for the Big Local Loitery Project.. Big Kirk Hallam this is a 2 year grant of £157.588 to the local area to build communiiies. MCVS are the Local trusted organisaiion for Big Kirk Hallam and receives a 5 /0 payment of every draw dowii of funds as a Inanagement fee. Statement of Responsibilities The trustees (h0 are also the directors of Mansfield Community and Voluntary Service (CVS) for the purposes of company la.} are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Srandards (United Kingdom Generall!. Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The repon and accounts have been prepared in accordance with the provisions in the Companies Aet 2006 relating to small companies. Compaiiy law requires the trustees to prepare finaiicial statetneiits for each fiiiancial year. Under ctsmp<lny law the tiustees must iiot approve tlie financial stateineiits unle55 they are 5at15fied that they give a true aiid fair view of the State of affair5 of the charitable company and of the incomingF re50urce5 and application of resources, includinu its income and expenditure, of the charitable compaiiy for that period. lji preparing these financial statements, the trustees are required to". seleci suitsble accounting policies and apply ihem consistently: observe the methods and principles in the Charities SORP,. Inake jud¥einents and estimates that are reasonable and prudent; state whether applicable accounting standards, Comprising FRS 102 have been followed, subject to any material departures disclosed and explailled in the financial statements,. and prepare the financial statements ot] the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are respoiisible for keeping proper accounting records that can disclose with reasonable accuracJ at any time the Iinancial position of the charitable company and enable them to ensure ihat the Iinancial statements complJ' with the Companies Act ?006. They are also respoiisible for safeguarding the assets of the chariiable company and hen¢e for taking reasonable steps for the prevention and detection of fraud and other irregulariiies. The trnstees are responsible for the maintenance and integrity of the corporate and financial infomiation included on the charitable company's website. Legislatioii governing the preparation and dissemiiiation of financial statements may differ from legislation in other jurisdictions. Page 4
Mansfield Community and Voluntary Servlet (CVS) Trust¢es' R¢port Tr truses are T¢5POt)sibl¢ for th¢ maini¢nan¢¢ and inrity of the ¢Oorate and fjnancial informTrtion included on the charitable company's website. Legislation goveming the preparation and dissemination of financioL statements may diffcr from lesislation in other juri5diction5. Sm911 ¢OT•palllu provljlon $tst¢m¢t This report h&$ been preparal in ac¢ordan¢e wilh the sma]I Comp tegime WKkrthe Companie5 Act 21M)6. The annual report was atvroved by the trn5tee5 of the charity on....... .2Ld signed on lis beTr*lf by: Lady VLtoniu Coojier Truste¢ Page 5
Mansfield Community and Voluntary Service (CVS) Independent Examiner's Report to the trustees of Mansfield Community and Voluntary Service (CVS) ('Ihe Compan} ) Independent examiner's report to the tru5tee5 of Mansfield Community and VoluThtary Service (CVS) ('the Cofftpany,) I report to the charity trustees on my examination of the accounts of the company for the year ended i l March Responsibilitie5 and basis of report As the charity's trustees of the Company {and also its directors for the purposes of coinpany law) you are responsible foi the prepardtion of the accoui)ts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'}. Having satisfied myselt 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 repL)rt in respect of my examination of your charity's accounts as carried Llut under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrving out my examination I have followed the Directions given by the Chariry Commission under section 145(5)Ib) of the 2011 Act. lrtdependent examiner's statement Since the Company's gross income exceeded £950,000 your examiner must be a member of a body listed in seciion 145 of the 2011 Act. I confirm that l am qualified to undertake Ihe examination because l am a member and Fellow of the Association of Charity Independent Examiners, 'hICh is one of the listed bodies. I have completed my examination. I confimi that no matters have com¢ to my attention in connection with th¢ examination giving m¢ cause to beli¢ve that in any material respe¢t'. aLcoui)ting records were i)ot kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounis do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requireinent that the accoiints give a 'trne and fail view which is not a matter considered as part of an indcpendent examination., or 4. the a¢counts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable 10 charities preparing iheir accounis in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10?}I. I have no concerns and have com¢ across no other matters in conne¢tion with th¢ exainination to whi¢h attention should be drawm in this r¢port in order to enabl¢ a proper understanding of th¢ a¢counts to b¢ rea¢hed. hn (VBfien Msc, FAIA, FCCA. FCIE. employee ol'community Accountin¥ Plus Fellow of the Association of Charity Independent Examiners Uniis l & 2 North West 41 Talbot Streei Notiingham NGI 5GL Date.. ..1.91.1212.Q.23. Page 6
Mansfield Community and Voluntary Service (CVS) Statement of Financial Aetivities for the Year Ended 31 Mareh 2023 (Ineluding Ineome and Expenditure Account and Statement of Total Reeognised Gains and Losses) Total 2023 Total 2022 Ullrestrieted Restrieted Note Income and Endowments from: Doiiation.% and Icgacie Charitable aciiviiies Other trading activities li)vestinei)t income 20,517 20,517 513,872 33,253 22,695 848,067 45,756 494,615 33,253 Total income 7),028 494,615 567,643 916,518 Expendilure on: Charitable activities (119.107) (687,0231 (806,1301 (599.5181 Total expenditure (119.107) (687,0?31 (806,1301 (599.5181 Net {expenditure}/income 146,0791 (192.408) (?38.487) i17,000 Net movement in fund5 (46,079) (192,408) (238.487) i17,000 Reconciliation ol lunds Total funds brought forward 519,801 289,592 809,393 492,393 Total fund5 caled fotTrvard 16 473,722 97,184 570,906 809,39) All of the charity's grtivities derive from continuing operations during the above two periods. Th¢ funds breakdo1 for the period is shown in not¢ 16. The notes on pages I I to 2i forni an integral part of these financial statements. Page 7
Mansfield Community and Voluntary Service (CVS) Statement of Financial Aetivities for the Year Ended 31 Mareh 2023 (Ineluding Ineome and Expenditure Account and Statement of Total Reeognised Gains and Losses) These are the figures for the previous ateounting period and are ineluded for eomparntive purposes Unrestricted Restricted Total runds funds 2022 P4ote Income and Endowrn¢nls from: Donatioi)s and legacies Charitable activitie5 22,695 54,716 45,756 22,695 848,067 45,756 793,351 Other trading activities Total income 1?3,167 793,351 916,518 Expenditure on- Charitable aciiviiies 46,339 553,179) 599,518) Totsl expenditure 46,339 553,179) 599,518) Net income Transfers between funds 76,828 {1,630} 240,172 1,6iO 317,000 Net movement in funds 75,198 241,802 317,000 Reconcilialion of fund$ Total funds broughi fonvard 444,603 47,790 492,393 Total funds carried forward 519,801 289,592 809,39i The notes on pages I I to 2i forni an integral part of these financial statements. Page 8
Mydnsfield Commllnity and Voluntary Service (CVS) IRegistratioD number: 04715323) BlaDce Sheet at 31 March 2023 2023 2022 Nott Flxed aM¢ts Tang?ble &s8e¢s 10 410,629 419.985 Crre•t assets DeOrS Cth 2t bank artd ITh h#Ad 9.019 181,314 12 395.484 190,333 395,489 Credlion: Amounts fAlllag due wltklll one year Net tUTreDt assets 13 30.056 6,0811 160,277 389.408 et 8ssets 570.906 809,393 •fthe ehgrity". Restrleted Ak)¢ow¢ Releted fimds 16 97.184 289.592 Unresiri¢d funds 473,722 319,801 Totsl funds 16 570.906 809.393 For th¢ fi¢wi¢ii1 yw ending 31 Mar¢h 2023 the ¢harity wt% entitled to exertsptiott frorn audi¢ unthr s¢dion 477 of the Comp#m¢s Act 21K>6 ¥¢l¥ing lo s[all ¢ory8llu¢s. Dir¢dots' respotsibdities.. Th¢ m¢mb¢r5 hpv¢ not Rquirj th¢ ¢harity to obtsJ"n an wdii of its Accoynty for th¢ Ye in I$t10n in aoIdanCe with se¢iiDll 476.. and ThB direclors acknow4dge thcir respon5ibditi¢5 for oniplyini with the requirements ofihe Art rtsptct kn accountill8 T¢¢ords and th¢ pY¢wwion of accounts. These finattcial 3tatetnents have been pr¢par¢d io accordance with the special provisionj r¢l*i08 to companie5 subje£l to the small companies regime within Part 15 of the Companies Act 21M>6. ial staitments on pa8es 7 10 23 wer¢ approved by the rrustees. and auth0ri5ed for i55u¢ on . their behalf bj.. Trusiee The noies on pages I I 23 forni an iirtegra] part of the8e financvdl ststemalts. Page 9
Mansfield Community and Voluntary Service (CVS) Statement of Cash Flows for the Year Ended 31 March 2023 2023 2022 Note Cash flows from operating activitie5 Net cash {expenditiire)lincome (?38.4871 317,000 Adjustments to cash flows from non-cash items Dcprcciation Investment income 9,356 9,401 (2?9.1 j?) j?6,401 Working capitsl adjustrnenls (In¢rease}/decrease in debtors Increase in creditors {9.0191 28,556 11,975 60 13 Net cash flows from operating activities (209,595) 338,436 Cash flows from investing activities Inierest receivable and similar income Ck)sh flows from finanein2 activities Repayment of loans and borrowings 13 {4,5811 19,162) Net {decreaseyincrease in cash and cash equivalents (214,1751 329,274 Cash ai)d cash equivalents at l April i95,489 66,215 Cash ai)d cash equivalents at i l March 181,314 i95,489 Reeonciliation of Net cash flow to rnovemeDt IN net funds (Decrease)liiicrea5e in cash (214,175) 329,274 Net funds at l April 2022 i95,489 66,215 Net funds at i l March 202i 181,314 395,489 All of the cash flows are derived from continuing operations during the above two periods. The notes on pages I I to 2i forni an integral part of these financial statements. Page 10
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 l Aceounting polieies Summary of signifieant accounting policies and kty aeeollnting estimates 'l-he principal ac¢oiinting policies applied in the preparation of these financial staiemenis are set out below. These policies have been consistently applied to all the years presented. unless otherwise stated. Statement of eomplianee The financial statcmcnts have been prepared in accordance with Accounting and Reporting by Charities.. Ststement of Recommciidcd Practice (applicable to charities preparing their accounts in accordance with the Fiiiancial Reporting Sta]idard applicable in the UK and Republic of IrelEd (FRS 10?)) (issued in October 2019) (Charities SORP (FRS 1021). the Fin[Cial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation Mansfield ComTnunity [d Voluntary SetTrice {CVS) meet5 the definition of a public benefit eiitity under FRS 102. Assets and liabilities are initially recognised at historical cost or trdnsaction value unles5 othetlWi5e stated in the relevant accounting policy notes. Going Concern Tlie financial statements have been prepared on a going concem basi5. The trustees assess whether the use of going concem is appropriate i.e. whether there are any material uncertainties related to events or conditions that n)ay cast signilicant doubt on the ability of the charity to continue as a going concern. The trustees make this assessinei)t in respect of a period of one year from the date of approval of the financial stateinei)ts. Income and endowments Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the chariry has entitlement to the income, it is prL)bable that the income will be received and the amount can be measured with sufficieni reliabilitv. Donqlion.s legacies Donation5 are recognised when the charity has been notified in MTiting of both the aTnount and settlement date. lii the event tliat a donation is subject to conditions tliat iequire a level of perforinaiice by the charity before tl)e cliarity is entitled to the fuiids, the iiicoine 15 defetred and not reco¥n15ed until either those coiiditions are fully met, or the fulfilineiit of those condition5 is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grunts receiwble Grants are recognised when the chariry has an entitlement to the funds and any conditions linked to the grants have been mei. Where perfomiance conditions are attached to the grant and are yet io be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. InveslmeRI incvme Dividends are recognised once the dividend ha5 been declared and iiotification has beei) received of the dividend due. Page 11
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Expenditure All expenditure is recogni5ed once there is a legal or constructive obli¥ation to that expenditure, it is probable settlement 15 required and the amount can be tneasured reliably. All costs are allocated to the applicable expeiiditure heading that aregate Similar costs to that cateLTOry. Where costs caiinot be directly attributed to particular headin(Ts they have beeii allocated oil a basi5 COllSiStent with the use of resource5. M'ith ceiitral staff costs allocated oil the basis of time spent, and depreciatioii charges allocated ot] the portioii of the asset's use. Oth£r support costs are allocated based on the spread of staff costs. Churilable 4cllvilles Charitsble expenditure comprises those costs incurred by the charity, in the delivery of lis aeiivities and services for its beneficiaries. It includes both costs that can be allocated directly tl) such activities and those costs of an indirect nature necessary to support them. GoverNrnent grants Govemment grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to asseis are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as defeed income. Taxation The charity is considered to pass the tests Set out in Paragraph I Schedule 6 of the Fina]ice Act 2010 and thefOre it meets the definition of a charitable company for UK corporation tax PUTposes. Accordingly. the charity is poteiitially exempt from taxation in respect of income or capital gains received within categories overed by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section ?56 of the Taxatioii of Chgrgeabl¢ Gain5 Act 1992, to the extent that such income or gsain5 are applied exclusively to charitable PUTP05es. Tangible fixed assets Individual fixed assets costing £500.00 or inore are iiiitially recorded at cost, less any 5ub5equent accumulated depreciation and subsequent accuinulated impainnent losses. Depreciation and amortisation Depreciation is provided on tanLTible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as folloM's'. Asset class Land & buildin¥5 Furniture & equipment Computer equipment Depreciation method and rate 50 years 5tr(ii¥ht line 25Q/o reducing balance 250/0 Straight line Trade debtorg Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course af husiness. Trade debtors are recognised initially at the trdnsaction price. They are subscquently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impaimi¢nt of trad¢ debtors is establi%hed when there is i)bje¢tive ¢viden¢¢ that th¢ charity will not b¢ able to collect all amounts du¢ according to the original teTms of the receivables. Page 12
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Cash and eash equivalents Cash aiid cash equivalents comprise cash on hand and call deposits, and other short-teTm highly liquid investments that are readily convertible to a knoH'n amout]t of cash and are Subject to an insignificant risk of change vallle. Fund strueture Unrestricted income ndS are general funds that are available for use at the trustees, discretion it] fiirtherance of the objectives of the charity. Restricted incoine funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pension5 and other p05t retirement obligatlODS The charity operates a delined coniribuiion pension scheme whiLh is a pensilin plan under whiLh fixed Clintributions are paid into a pension fund and the charity has no legal or constructive L)bligation to pay further Clintributions even if the fund does not hold sutTicieni assets tl) pay all employees rhe benefits relating to employee service in the current and prior periods. Contributions to defined Contribution plans are recognised in the Ststement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment. 2 Income from donations and legacies Unrestricled funds General Total 2023 Total 2022 Donations and legacies., Donations from companies, trusts and similar proceeds Grants, including capital grants; Govemment grants Grants from other charities 3,343 3,34) 1,650 14,295 2,949 14,2?5 2.949 15,997 5,048 20,517 20,517 22,695 3 Income from charitable activitie5 Unrestricted fuNd5 General Restricted funds Total 2023 Total 2022 Management fees Grdnts Sundry income 19,257 82,9i6 411,679 102,193 411,679 56,464 783,991 7,612 19.257 494,615 513,872 848,067 Page 13
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 4 Grants & donations Unrestricted fund5 Restricted funds Total Age UK CCG Enable Groundwork Greater Nottin¥ham Amazon Sir Johii Eastwood Fouiidation Mansfield District Council Newark & SheN'ood CVS Nottm NHS Hospital Trust Nottinghamshire Couniy Council Shetm'ood Forest Hospita15 Heather Downey JN Derbyshire Trust Sundry donations Ambassador Hosting Bassetlaw CVS 7,691 23,400 14,583 129,198 1,000 7,691 23,400 14,583 130,397 1.000 1,000 24,225 837 1,199 1,000 14,?25 10,000 837 13,634 181,910 13,634 181,910 3.026 750 1,500 1,84) 1,500 24,900 750 1.500 1,84i 1,500 24,900 20,517 411,679 43? 196 Page 14
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 5 Income from other trading activities UThrestricted fund5 General Total funds Total 2022 Propcrty rental in¢ome 33,253 45,756 33,25i 33,253 45,756 6 Investment ineome Unrestricted funds General Total 2023 Total 2022 Interest receivable and similar income- Interest receivable on bank deposiis 7 Expenditure charitable activitie5 Unrestricled funds General Restricted funds Total 2023 Total 2022 Advertising Communications Finance costs Insurances IT costs OITice costs & equipment Legal & professional fees Hospithlily Partnersliip pavments Premises & relocation 236 17,210 524 6,788 100 1,496 336 18,706 524 6,788 1,200 15,293 2,089 2.772 15,619 4,179 6,666 300 310 220 153 8,054 1,689 3,540 10,978 470 1,73i 10,295 2,152 104,364 432 3,162 770 9,356 792 1,232 46i 8,274 1,689 298,314 15,978 470 1,7ii 10,295 7,343 409,971 432 294.774 5,000 156,432 2.500 1,278 4,069 7,996 9,544 350,631 214 182 Cleanin¥ & hygieiie Repairs & maintenance Sundry purchases Salaries Training Travel & 5ub5lStence Other staff costs Depre¢iation 5,191 305,607 1,075 3.864 2.026 9,401 3,146 2,877 9,356 792 1,760 IQA Community training 528 Page 15
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Unrestricted fuNd5 General Restricted funds Total 2023 Total 2022 Voluiiteer expense5 Allocation of overheads 404 (68,558) 68,558 119,107 687,02i 806,1 JO 599,518 8 Net incomingloutgoing resources Net {outgoing)lin¢oming resources for th¢ year in¢lude'. 2023 2022 Depreciation of fixed assets 9,356 9,401 9 Staff costs The aggregate payroll costs were a5 follow5.. 2023 2022 Staff costs durillg the year were: Wages [d salaries Social security costs Pensioii ¢osts i58,206 29,616 i15,775 27,165 7,691 409,971 i50,6i I The monthly average number of T$0$ {including sellior mgnagement team) employed by the charity during the )'ear was as follows. 2023 No 2022 No Average number of employees 16 18 (2022 - 14) of the above employees participated in the Defined Benefit Pension Schemes. Clintributions to the employee pensilin schemes for the year rotslled £2? 149 {2022- £7.69]). No employee received emolun]ents of more than £60,000 durit]g the year. The iotal employee benefits of the key management personnel of the charity were £150,997 (2022- £153,431). Page 16
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 10 Tangible fixed assets Land and building5 Furniture and equipment Computer equiprnent Total Cost At l April 2022 460,916 128,610 29,265 611,791 At 31 March 2023 460,916 128,610 29,265 611,791 Depreciation At l April 2022 Charge for Ihe year 41,481 9,219 128,060 137 191,806 9.356 At 31 March 202? 50,700 128,197 22,265 201,16? Net book Value At 31 March 202) 410,216 41i 410,629 Ai 31 March 2022 419,4i5 550 419,985 I l Debtors 2023 2022 Other debtors 9,019 12 Cash and cash equivalents 2023 2022 Cash on hand Cgsh at bank 460 180,854 JOO 395,189 181,314 J95,489 Page 17
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 13 Creditors: amounts falling due within one year 2023 2022 Other loans Other creditlirs 4,581 1.500 30,056 30,056 6,081 Other borrowings Nonheni Impaci Fund with a canying amount of £Nil12022 - £4,581) is deiiominaied in with a nominal interesi rnte of O/ts12022- 6.5 /0). The Iinal instalment was paid on 15 September 2022. £763.83 per month 14 Obligations under leases and hire purehase eontraets Th¢ totsl value of tre minimum lease payments was as follows.. 2023 2022 Within one year In two 10 five years (20,000) 33,333 (53,33i} IS Charity statu5 The ¢hariry is a compaT]y limited by guarantee and consequently does not have share capital. Each of the triisiees is liable to contribute an amount not exceeding £1 towards the assets of the charity in Ihe event of Page 18
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 16 Funds Balance ai I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unre5tri¢ted funds Geueral General fund 519,801 73,028 (119,1071 473,722 Restricted funds Building Better Opportunities Bellamy Butterf]y Coinmunity Champions Disability Traiiiing Engagement Services Financial Resiliance Food Distribution Network Ger Noiis Connecied IAPT 212,133 6,000 14,471 2,700 (212,133) (37,991) (14,471) (13,992) {8.1711 (21,348) {8,600) {7,752) (5,000) (10,191) (14,58i) (179.0511 (11,702) (125,112) {3,0271 {2,125) {8,6161 {1.7851 {1,3731 59,530 27,539 13,096 8,171 1,804 23,400 2,000 1,000 2,052 6,600 6,752 5,000 2,500 7,691 14,58i 181 ?10 Kick5tart LCF One Step at a Time NHS Prevention MNPBP State of the Secior We are Undefeatable Y Volunteer pov 2,159 10,202 167,(100 1,500 41,888 3,027 2,125 8,616 13,150 1,750 11,365 10,377 Total restricted funds 289,592 494,615 687,023) 97,184 Totsl funds 809.39J 567,64i (806.liOI 570,906 Page 19
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Balance at 31 March 2022 Balance at I April 2021 Incoming resources Resource5 expended Transfers Unre51ricl¢d funds Geiteral General fund 444,60i 123,167 {46,i39) (1,630) 519,801 Restricted Building Better Opportiijiities Bellamy Census Community Champilins Disability Training EngFaLFement Services Financial Resilian¢e Food Distribution Networt( Get Notts Connected IAPT Kickstart LCF 172,000 59,530 8,860 175,909 8,2i6 17,900 6,600 7,752 i 0,000 7,500 1,560 10,312 1173,348) 1,348 59,530 (8,860) 1162,813) (65) {i7,188) 13,096 8,171 19,288 6,600 6,752 i,000 2,500 (1,000) (5,000) (5,000) (1.842) (10,312) 282 Nott5 Vaccination Volunteers 43,520 21,781 14,800 167,000 22,300 28,125 3,000 6,666 (56,751) {13,273) {14,8(HJ) One Step at a Time Safer Streets NHS Prevention stste of the Secior We are Undeleatable Strategic Pla Western Power 1.694 10,202 167,000 2,125 8,616 {20,175) {33.086) (3,000) (6,666) 13,577 Total restricted funds 47,790 793,351 1553,179 1.630 289,592 Total funds 492,393 916,518 1599,518) 809,393 Page 20
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 The specific purposes for which the funds are to be applied are as follows.. BBO- Supporting economically inactive individuals inio education, employment and training. Bellamy - Funded through, NHS Prevention (NSHEI), Aciive Notts, MDC and MCVS support long temi community provision. Censlls to sllppi)rt residents to iindertake the Digital census. Commuiiity Champions - Utili%ing the VCSE to suppi)rt Covid-19 recovery. Engagement Services- CCG nded to report back on VCSE activity that supports the NHS activity. inancial resilience Funding to suppon the mapping and deiail¢d provision of Financial support across Nottinghamshire County. Food Distributioii Ne.Ork- Managing and distributing food to charities. food banks, community groups. Get Notts Coiinected - Brid¥in¥ the digital divide through basic IT trainin¥. IAPT- Supportinbw the over 65,5 Illto talkinu therapies. Kick5tart - GoveTnment scheine supporting 18 -24 years into a 6 inoiith5 paid placement MCVS Employed 2 x individuals. LCF- Local lnfrastrllcre Support- Supporting Core funding for volunteering. NHS Prevention - This is a 18 month fund startinbF from April 22 - Oct 2). MCVS are the gr[t holders for this fund. Safei Street5 communities. Sirategic Plan Thomas Farr donatioii to support the research and development of a new 3 year strategic plan for Mansfield CVS. We are Undefeatable Research and guidance inio increasing physical activity in Mansfield District. Notts Vaccinaiion Volunteers- Co-ordinaiion of Volunteers across 7 sites across Nottinghamshire. One Step ai a Time- To support walking groups to increase physical aciiviry. POV - The Point of View project {POV) aims to build new, strong and lasting relationships between Arts organisaiions and the 'Ider volunthry community and social enterprise sector and .][1 affect change by puiting the voice and 'Poini of View, of young people ai the centre of all POV activities. MNPBP- The Mid Nottinghamshire Place Based Pannership (MNPBP) formerl}. the Integrated Care Partnership exists to serve the collective and individual health and wider care needs of the citizens of Mansfield and Ashfield Newark and SheN'ood geographies. Y Volunrteer will address the significgnt lack of volunteer roles for young people gcross Bgssetlaw and Mansfield through the development of 400 new roles and social media campaigns led by young volunteers. Westem Power- Supporting communities to undertake energi, saving tips. a collaborative to Working with Ntstts Police and MDC to encourage neighbourhood alert5 and cohesive 17 Analysis of net a55et5 between fuNd5 Unrestricted 2023 Total funds General Restricted Tangible fixed assets CuTrent assets Current liabilities 410,629 64,713 {1,620) 410,629 190,3i3 (30,056) 125.620 (28,436) Total net assets 473.722 97,184 570,906 Page21
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 Unrestricted 2022 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 419,985 105,897 {6,081 } 419,985 395,489 16,081) 289,592 Total net assets 519,801 289,592 809,39i 18 3rd party funds Opening balanees Imcoming resources {Rtsourees expended) Total Bi¥ Local Bee Humble Big Kirk Hallgm 16,176 4,326 86,902 (64,836) 14.326) 38,242 106,988 34,765 ?0,502 193,890 (141,38.fj) 73,007 Bee Humble Soup Kitchen. Bee Humble opened their account in 22123. Big Warsop and Big KiA( Hallam, Held oil behalf of partnerships. MCVS retsin a 50/0 inanagement fee.. 19 Non-adjusting events after the financial period Iii the suminer of 20?3 the charily sold the premises for the sum of £318,816. 20 F¢¢5 payable to independent examiner During the period, the fees payable (excluding VAT} to the charity's independent examiner Community ALcounting Plus are analysed as follows.. 2023 2022 Independeni examination Other financial services 1,620 432 1,250 2,052 1,250 Page 22
Mansfield Community and Voluntary Service (CVS) Notes to the Financial Statements for the Year Ended 31 Mareh 2023 21 Taxation The charity is a registered charity and is therefore exernpt from taxation. 22 Trustees remuneralion and expenses No trustees, nor any persons conneCd with them, have received any remuneration from ihe charity during the year. No trustees have received any reimbursed expenses or any oiher benefits from the chariry during the year. 23 Related party transactions There were no related party trdnsactions iii the year. Page 23