CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
CVS SOUTH GLOUCESTERSHIRE
FINANCIAL STATEMENTS
31 MARCH 2025
Company Registration Number: 04831569 Charity Number: 1099702
CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
| CONTENTS | Page |
|---|---|
| Report of the Trustees | 1 |
| Reference and administrative information | 8-9 |
| Report of the Independent Examiner | 10 |
| Statement of Financial Activities | 11 |
| Balance Sheet | 12 |
| Notes forming part of the financial statements | 13-22 |
CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
REPORT OF THE TRUSTEES
Objects, vision, mission
The Objects of the charity are:
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To promote any charitable purposes for the benefit of the community in the local government district of South Gloucestershire and its neighbourhood, and particularly the advancement of education, the protection of health and the relief of poverty, distress, and sickness.
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To promote and organise co-operation in the achievement of the above purposes and to that end to bring together council representatives of the voluntary organisations and statutory authorities within the area of benefit.
Our Vision is of an independent, thriving, diverse, innovative and resilient, local, voluntary, community and social enterprise sector providing high quality services in communities across the area and making a positive difference to people’s lives.
Our Mission is to support, develop, and represent voluntary, community, social enterprise (VCSE) and social action in South Gloucestershire.
Our Values drive and influence our work. They are:
Social justice We embed and champion the role and value of the VCSE in making a difference and promoting lasting social, environmental and economic change.
Trust We develop and deliver our services with partners in a way that supports the development of trust across and between sectors.
Responsive We ensure that our services and those of our partners meet the needs of our service users and are delivered at times and in location which are suitable. Open We actively seek feedback on the delivery of our services to help us to improve both our services and those provided by partners.
Networking We will use the strength of the VCSE, to develop networks and promote equality and diversity, ensuring that our services meet the needs of, and are accessed by, the most diverse range of groups.
Good Governance We ensure that our organisation models good governance in all that we deliver, and we continue to support good governance across the VCSE.
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CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
Ensuring our work delivered our constitutional aims
CVS South Gloucestershire’s Trustees review the organisation’s activities every year to consider how planned activities will contribute to the organisation’s objectives, vision, mission, and public benefit as a charity.
2024-25 brought a range of change and opportunities in the backdrop of ongoing financial and sustainability challenges facing the voluntary sector. During this time, CVS.SG has established a new CEO, chair of the board and financial team, and has undertaken a full organisational review alongside continuing to work closely with local government and strategic partners and delivering projects and membership services.
Overall, CVS.SG is well positioned to adapt and respond to shifting challenging environments, and to deliver services in response to the emerging need of the voluntary and community sector.
The CVS Team
Staff – 5 staff were employed by CVS.SG during this reporting period.
Chief Executive Officer 0.6 FTE (Joined in June 2024) Business Support Officer 0.2 FTE Project Manager 0.6 FTE (Promoted September 2023) Project Support Officer 0.4 (Joined October 2024) SGREN Coordinator 0.6 FTE
CVS Associates
CVS South Gloucestershire operates an Associate Model to accompany our delivery of VCSE sector support, using Associates to deliver services that are beyond the capacity covered by our Service Level Agreement with South Gloucestershire Council (SGC) and/or for services requiring specialist skillsets not covered adequately in our staff team.
We have undertaken a review of our Associate model and our Associate recruitment process and now have an established pool of Associates who are available and currently involved in delivering a range of support areas.
2024-5 Priorities:
CVS.SG priorities for this period have focussed on adapting to the shifting environment by investing in partnerships and collaboration and supporting our local membership.
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CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
Strategic partnerships and collaboration
CVS.SG has been a key partner representing the South Gloucestershire community at a range of local strategic boards including, Chairing the South Gloucestershire Compact group, attending the Leaders Board, co-chairing the Keep it Local Steering Group, co-chairing the Safer Stronger Communities Board. Additionally, CVS.SG is involved in regional partnership boards including the BNSSG Alliance (Health), and a similarly named but entirely separate Impact Alliance led by St Monica’s Trust with a focus on addressing the systemic challenge of loneliness and isolation.
As well as supporting the strategic infrastructure of the system, involvement in this work has additional benefits including:
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Increasing the potential of drawing funding into South Gloucestershire
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Supporting the resilience and sustainability of partnership infrastructure
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Modelling leadership across the system
Membership Support
CVS.SG are committed to supporting the growth of voluntary sector and community organisations across South Gloucestershire, to enable a rich, diverse and nimble community of services and provision. This has included:
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Providing a range of direct support to members including areas such as one-one coaching, fund-raising support, improving governance and charity applications.
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Administering funds including overseeing the equalities partnership, administering funds to five organisations with a demographic-specific focus, and South Gloucestershire council funded volunteering services. In addition, we also administer funds from the National Lottery Community Fund to South Gloucestershire Racial Equality Network.
Delivering Projects
CVS South Gloucestershire has been funded to deliver projects focussed on improving outcomes and impact for the voluntary and community sector in South Gloucestershire. These are:
Social Economy West, funded by the West of England Combined Authority. CVS. South Gloucestershire is one of three delivery partners delivering a range of services such as one-one coaching and training workshops.
We are also delivering the Energy Efficiency Project, funded by South Gloucestershire council, with a view to understanding how we can improve the energy efficiency of local community buildings. We have subcontracted Business West to support with this work, and are providing energy efficiency reports and support for implementing efficiency changes.
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CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
Financial Review
Funding
This financial year CVS South Gloucestershire has posted a deficit of £10,425 (2024: surplus of £49,591). This deficit was anticipated as it related to funding allocations in 2023-24, where the funds were utilised in 2024-25. We receive funding from a range of areas including contracts with South Gloucestershire council to deliver infrastructure and equalities services, and leading on coordinating volunteering services, and an equalities partnership.
In addition, we have been providing additional membership support services through a Quartet Community Fund grant, and providing additional support to an equalities partner, South Gloucestershire Racial Equality Network, to transition to an independent organisation. We also receive funding to deliver two projects, the first is the Energy Efficiency project, funded by South Gloucestershire Council, is designed to improve energy efficiency in community centres, and the second is the Social Economy Project, funded by the West of England Combined Authority, is designed to improve the financial resilience of local charities.
Reserves Policy
In line with guidance issued by the Charity Commission, the trustees have reviewed the charity’s need for reserves approximately equal to around three months’ running costs, equating to around £22,000. The charity has unrestricted funds of £64,582 with effect from 31[st] March 2025 of which £37,900 has been designated to ensure that the charity has the funds to cover redundancy and wind-up costs. Free reserves at the year end amount to £26,682.
The excess of unrestricted funds of £4,682 have been allocated to safeguard against future income generating shortfalls and towards the exploration of new future business opportunities.
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CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
Structure, Governance and Management
Governing document
CVS South Gloucestershire incorporated on 14 July 2003 as a private company limited by guarantee. The company became a registered charity on 26 September 2003.
The company governed by the Memorandum and Articles of Association dated 13 May 2003, updated on 19 November 2008 and amended on 15 September 2020 and 6[th] July 2011. In accordance with section 28 of the Companies Act 2006, the Memorandum of Association is deemed part of the Articles of Association with effect from 15 September 2010.
In the event of the company being wound up, members are required to contribute an amount not exceeding £1 towards the cost of dissolution and the liabilities incurred by the charity when the contributor was a member.
Recruitment and appointment of the Board of Trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles, are known as members of the Board of Trustees. Under the requirements of the Articles of Association, one third of the members of the Management Committee must resign at each AGM, the longest in office retiring first. A retiring trustee may be re-elected at the same Annual General Meeting.
CVS South Gloucestershire works to provide development, support and representation to the voluntary, community and social enterprise sector (VCSE) in South Gloucestershire and its membership is drawn from these groups who are either based in or providing services to communities in South Gloucestershire.
CVS South Gloucestershire is governed by a Board of Trustees who are elected by the members of the organisation. We look for members with business acumen and experience of management, alongside knowledge of our work with voluntary organisations, community groups and social enterprises and strategic work with public and private sector partners. Individuals, with appropriate skills to enhance the Board of Trustees and development of the charitable company may also be approached or offer themselves for election or co-option to the Board of Trustees.
The full Board of Trustees meets at least four times a year, one meeting to review strategic plan and agree future priorities with some business undertaken by electronic means.
Trustee induction and training
Trustee induction consists of an introduction to the organisation, its activities and projects, and includes details of their duties and responsibilities as Trustees. All
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CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
Trustees are encouraged to attend the appropriate training to facilitate their undertaking of the role.
Risk Management
Trustees regularly log major strategic, business, financial and operational risks, which the charity faces and has established procedures to manage organisational risks to ensure compliance with best practice and legislation; to cover the delivery of projects.
Public Benefit Statement
In preparing this report the Board of Trustees has complied with the duty under Section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission in relation to meeting the public benefit requirement.
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CVS SOUTH GLOUCESTERSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025
Statement of Trustees’ responsibilities
The trustees (who are also directors of CVS South Gloucestershire for the purposes of company law) are responsible for preparing the Trustees Report (incorporating the directors’ report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgments and accounting estimates that are reasonable and prudent;
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State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
31st October 2025 The report was approved by the trustees on ………………..….. and signed on their behalf by:
………………………………….. Sue Parsons Chair of Trustees
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CVS SOUTH GLOUCESTERSHIRE REFERENCE AND ADMIN INFORMATION YEAR ENDED 31 MARCH 2025
Charity Name CVS South Gloucestershire Charity Registration No: 1099702 Company Registration No: 04831569
The Board of Trustees
| Name | Nominating Member Organisation |
Position | Status | |
|---|---|---|---|---|
| Beth Hendry | DHI | Trustee | Elected November 2024 |
|
| Deborah Gee | Creative Youth Network |
Trustee Treasurer |
Re-elected December 2022 |
|
| Mark Crutchley |
Circadian Trust | Trustee | Re-elected September 2020 |
|
| Jamie Gill | 1625 Independent People |
Trustee | Re-elected September 2020 |
|
| Berkeley Wilde | The Diversity Trust | Trustee | Elected September 2017 |
|
| Ian Dibble | Independent/Volunteer | Trustee | Elected November 2024 |
|
| Jay Gregg- Harris |
Equalities Trust | Trustee | Elected November 2024 |
|
| Amanda Robbins |
Bromford Housing | Trustee | Resigned November 2024 |
|
| Sue Parsons | Winterbourne Medieval Barn |
Trustee | Re-elected December 2022 |
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CVS SOUTH GLOUCESTERSHIRE REFERENCE AND ADMIN INFORMATION YEAR ENDED 31 MARCH 2025
Chief Executive Officer Hannah Mahoney (Since 24 June 2024)
Registered office Yate Library, West Walk Yate Shopping Centre BS37 4AX Independent Examiner Joshua Kingston, BSc, ACA Burton Sweet Limited Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol. BS48 1UR Bankers Lloyds TSB plc Westbury-On-Trym branch 15 High Street Bristol
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CVS SOUTH GLOUCESTERSHIRE INDEPENDENT EXAMINER REPORT YEAR ENDED 31 MARCH 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Joshua Kingston, BSc., ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR
Date: 31st October 2025
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CVS SOUTH GLOUCESTERSHIRE
STATEMENT OF FINANCIAL ACTIVITIES (Including Income & Expenditure Account) YEAR ENDED 31 MARCH 2025
| Unrestricted | Restricted | Total funds | Total funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| Income from: | |||||
| Donations and legacies | 2 | 2,814 | 9,937 | 12,751 | 3,680 |
| Charitable activities | 3 | 55,601 | 202,848 | 258,449 | 290,092 |
| Investment income | 2,683 | - | 2,683 | 2,680 | |
| Total income | 61,098 | 212,785 | 273,883 | 296,452 | |
| Expenditure on: | |||||
| Charitable activities | 4 | 86,909 | 197,399 | 284,308 | 246,861 |
| Total expenditure | 86,909 | 197,399 | 284,308 | 246,861 | |
| Net income/(expenditure) and | 7 | (25,811) | 15,386 | (10,425) | 49,591 |
| net movement in funds | |||||
| Total funds at 1 April | 14 | 90,393 | 144,683 | 235,076 | 185,485 |
| Total funds at 31 March | 14 | 64,582 | 160,069 | 224,651 | 235,076 |
The Charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the Charity are classed as continuing.
See note 10 for fund comparatives
The notes on pages 13 to 22 form part of these financial statements
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CVS SOUTH GLOUCESTERSHIRE BALANCE SHEET
AT 31 MARCH 2025
| AT 31 MARCH 2025 | Company number: 04831569 | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Note | £ | £ | |
| Restated | |||
| Current assets | |||
| Debtors | 12 | 13,817 | 16,159 |
| Cash at bank | 223,519 | 239,097 | |
| 237,336 | 255,256 | ||
| Creditors: Amounts falling due | |||
| within one year | 13 | (12,685) | (20,180) |
| Net assets | 224,651 | 235,076 | |
| Funds | |||
| Restricted funds | 15 | 160,069 | 144,683 |
| Unrestricted funds | 15 | ||
| Designated funds | 37,900 | 37,900 | |
| General funds | 26,682 | 52,493 | |
| 224,651 | 235,076 |
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.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
31st October 2025
These accounts were approved by the Board on…................................., and signed on their behalf by:
…....................................
Sue Parsons Chair of Trustees
The notes on pages 13 to 22 form part of these financial statements
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1 Accounting policies
1.1 Basis of preparation
The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Companies Act 2006.
The trustees know of no reason why the charity might not continue as a going concern, therefore the accounts have been prepared on this basis.
1.2 Income
All income becoming available to the Charity in the year is recognised in the Statement of Financial Activities (SOFA) when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income is deferred only when the Charity has to fulfil conditions before becoming entitled to it and where the donor has specified that the income is to be expended in a future period.
Donations and legacies includes income generated from gifts, donations, legacies and grants and is included in full in the SOFA when receivable. Grants where entitlement is not conditional on the delivery of specific performance by the Charity are recognised when the Charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the Charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
Grants receivable are accounted for on a receivable basis and allocated to the appropriate fund.
1.3 Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. The charity is not registered for VAT. Expenditure includes all VAT which cannot be recovered, and is reported as part of the expenditure to which it relates.
Expenditure on charitable activities comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. CVS South Gloucestershire advocates on behalf of the sector through our strategic work. We provide free information and charge (at low cost) for services primarily provided to the voluntary community and social enterprise (ICSE) organisations. Where possible we grant fundraise for the provision of support to groups in crisis. It includes both costs that can be allocated directly to this activity and those costs of an indirect nature necessary to support them.
Support costs include the costs of staff for the general support activity of the office. They have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. staff costs by time spent.
Governance costs are included within charitable activities and include all those costs associated with meeting the constitutional and statutory requirements of the Charity and include the independent examination fees and costs linked to the strategic management of the Charity.
1.4 Pension costs and other post-retirement benefits
The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity and are independently adminstered. Contributions are charged in the accounts as they become payable in accordance with the rules of the scheme.
1.5 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due.
1.6 Cash and cash equivalents
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.7 Tangible fixed assets and depreciation
Tangible fixed assets costing more than £500 other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
33% straight line
1.8 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due.
1.9 Cash and cash equivalents
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1 Accounting policies (continued)
1.10 Creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
1.11 Funds
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Designated funds form part of unrestricted funds and have been identified as being for particular purposes by the Trustees. They are not restricted and can be transferred to general funds at any time at the discretion of the Trustees.
2 Donations and legacies
| Current year Donations Membership Prior year Membership |
Unrestricted Restricted Total funds funds funds 2025 £ £ £ 196 9,937 10,133 2,618 - 2,618 |
|---|---|
| 2,814 9,937 12,751 |
|
| Unrestricted Restricted Total funds funds funds 2024 £ £ £ 3,680 - 3,680 |
|
| 3,680 - 3,680 |
3
Income from Charitable activities
| Representation and strategic development Developing skills and capacity Partners' funding - Government grants Equalities SLA Volunteer centres funding Cost of Living Quartet Coaching grant SG Race Equality Network WECA Social Economy Project Consulting Mutual Aid Groups |
Unrestricted Restricted Total funds funds funds 2025 £ £ £ 48,537 - 48,537 - 75,188 75,188 - 28,000 28,000 - 2,477 2,477 - - - - 49,393 49,393 - 47,790 47,790 7,064 - 7,064 - - - |
|---|---|
| 55,601 202,848 258,449 |
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
3 Income from Charitable activities (continued)
Prior year (Restated)
| Prior year (Restated) | |
|---|---|
| Representation and strategic development Developing skills and capacity SG Race Equality Network Information Services Partners' funding - Government grants Equalities SLA Volunteer centres funding Cost of Living WECA Social Economy Project Consulting |
Unrestricted Restricted Total funds funds funds 2024 £ £ £ 50,636 - 50,636 - 59,861 59,861 2,320 - 2,320 - 78,000 78,000 - 28,000 28,000 - 50,000 50,000 16,798 16,798 4,270 207 4,477 |
| 57,226 232,866 290,092 |
4 Expenditure on Charitable activities
| Representation and strategic development Developing skills and capacity Connections Training and support Membership Information Services Partners' funding Equalities SLA Volunteer centres funding Quartet Coaching grant SG Race Equality Network WECA Social Economy project Consulting Mutual Aid Groups Cost of Living |
Grants Direct Support Total payable costs costs 2025 (note 5) (note 6) £ £ £ £ - - 81,372 81,372 - - - - - 10,663 - 10,663 - 346 - 346 - - 191 191 - 5,000 - 5,000 - - - 44,367 16,888 - 61,255 28,000 - - 28,000 - 928 - 928 - 52,769 - 52,769 2,922 24,924 - 27,846 - - - - - - - - 2,477 13,461 - 15,938 |
|---|---|
| 77,766 124,979 81,563 284,308 |
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
4 Expenditure on Charitable activities (continued)
Prior year
| Prior year | ||
|---|---|---|
| Representation and strategic development Developing skills and capacity SG Race Equality Network Connections Membership Information Services Partners' funding Equalities SLA Volunteer centres funding Consulting Mutual Aid Groups Cost of Living |
Grants payable (note 5) £ - - - - - 68,625 28,000 - - - |
Direct Support Total costs costs 2024 (note 6) £ £ £ 2,816 56,304 59,120 27,657 29,822 57,479 668 20,013 20,681 - 900 900 119 - 119 - - 68,625 - - 28,000 3,667 2,020 5,687 3,250 - 3,250 3,000 - 3,000 |
| 96,625 | 41,177 109,059 246,861 |
5 Grants payable
| Volunteer Centres Southern Brooks Community Partnerships: Patchway, Yate Volunteering, Kingswood Volunteering, Filton & Stokes Volunteer Centre Other grants (Quartet) Volunteer Centre Thornbury - SGC 3 year grant Equalities Partnership Southern Brooks Community Partnerships for Community Cohesion AGE UK South Gloucestershire Over 50's Forum SARI South Gloucestershire Disability Equality Network South Gloucestershire Racial Equality Network South Gloucestershire Council - cost of living Voscur Limited The Diversity Trust Total grants payable to organisations |
2025 2024 £ £ Restated 21,000 21,000 - - 7,000 7,000 |
|---|---|
| 28,000 28,000 12,000 15,750 8,367 12,117 - 6,445 - 2,813 12,000 15,750 - - 2,477 - 2,922 - 12,000 15,750 |
|
| 49,766 68,625 |
|
| 77,766 96,625 |
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
| 6 Support costs Office costs £ Representation and strategic development Developing skills and capacity Connections Training and support Membership SG Race Equality Network WECA Social Economy project Partners' funding Consulting Mutual Aid Groups Equalities Cost of Living Support costs are allocated to activities based on usage of individual resource Prior year Representation and strategic development Developing skills and capacity SG Race Equality Network Connections Membership Partners' funding Consulting 7 Net income for the year This is stated after charging: Independent examiner's fees Independent examination Accountancy |
£ 42,616 - - - 191 - - - - - - - Premises & office costs |
Total 2025 £ £ 38,756 81,372 - - - - - - - 191 - - - - - - - - - - - - - - Payroll & staff costs |
|---|---|---|
| 42,807 | 38,756 81,563 |
|
| s. £ 36,775 - - 657 409 Premises & office costs |
Payroll & staff costs Total 2024 £ £ 19,529 56,304 29,822 29,822 20,013 20,013 243 900 1,611 2,020 |
|
| 37,841 | 71,218 109,059 |
|
| 2025 2024 £ £ 1,195 1,089 2,165 1,971 |
None of the Trustees (or any persons connected with them) received any remuneration, benefits or expenses from the Charity for their work as Trustees (2024 - £nil).
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
8 Staff costs and numbers
The aggregate payroll costs were:
| The aggregate payroll costs were: | |
|---|---|
| Wages and salaries Social security costs Pension contributions |
2025 2024 £ £ 97,622 90,483 2,760 1,085 2,774 3,487 |
| 103,156 95,055 |
The number of employees whose emoluments as defined for taxation purposes amounted to over £60,000 in the year was nil (2024 - nil).
The senior management team includes the post of Chief Officer (2024: Chief Officer).
The aggregate payroll costs for the senior management team were:
| Wages and salaries Social security costs Pension contributions |
2025 2024 £ £ 26,112 26,989 988 2,469 783 1,619 |
|---|---|
| 27,883 31,077 |
The average weekly number of employees during the year, calculated on the basis of head count:
| Management, administration and support | 2025 2024 No. No. 5 6 |
|---|---|
| 5 6 |
9 Taxation
The Charity is exempt from corporation tax on its charitable activities.
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CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
10 Fund Comparatives for the Statement of Financial Activities (Restated)
| Income from: Donations and legacies Charitable activities Investment income Total income Expenditure on: Charitable activities: Total expenditure Net income/(expenditure) and net movement in funds Total funds at 1 April Total funds at 31 March 11 Tangible fixed assets Cost At 1 April 2024 and 31 March 2025 Additions Depreciation At 1 April 2024 and 31 March 2025 Net book value At 31 March 2024 and 31 March 2025 12 Debtors Trade Debtors Other debtors 13 Creditors: amounts falling due within one year Trade creditors Taxes and social security costs Accruals |
Unrestricted Funds £ 3,680 57,226 2,680 |
Restricted Total funds Funds 2024 £ £ - 3,680 232,866 290,092 - 2,680 |
|---|---|---|
| 63,586 | 232,866 296,452 |
|
| 64,555 | 182,306 246,861 |
|
| 64,555 | 182,306 246,861 |
|
| (969) 91,362 |
50,560 49,591 94,123 185,485 |
|
| 90,393 | 144,683 235,076 |
|
| Total £ £ 3,218 3,218 Computer equipment |
||
| 3,218 3,218 |
||
| - - |
||
| 2025 2024 £ £ 13,817 16,159 - - |
||
| 13,817 16,159 |
||
| 2025 2024 £ £ 5,980 14,930 3,345 2,191 3,360 3,059 |
||
| 12,685 20,180 |
19
CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
14 Movement in funds
| Restricted funds SGREN Events SGREN Cost of Living Community Accountancy Service Climate Action Fund (Big Lottery) Community Cohesion grant Community Development and Support Connections Officer Equalities SLA Equalities Voice Quartet training SG Race Equality Network Social Value fund Volunteer Centres Westport Whitfield Tabernacle SG Lotterie SG Phoenix WECA Social Economy Project Unrestricted funds Designated - closedown fund Designated activity funds General funds Total funds |
At 1 April 2024 £ - 47,000 256 2,000 1,787 551 10,663 9,000 375 5,517 36,349 3,000 - - - 1,387 10,000 16,798 |
At 31 March Income Expenditure Transfers 2025 £ £ £ £ - - 2,477 (15,938) - 33,539 - - - 256 - - - 2,000 - - - 1,787 - - - 551 - (10,663) - - 48,000 (44,380) - 12,620 27,188 (16,875) - 10,688 7,500 (928) - 12,089 13,093 - 49,442 9,822 (11,353) - 1,469 28,000 (28,000) - - - - - - - - - - 28,915 (41,416) - (11,114) - - - 10,000 47,790 (27,846) - 36,742 |
|---|---|---|
| 144,683 | 212,785 (197,399) - 160,069 |
|
| 30,000 7,900 52,493 |
- - - 30,000 - - - 7,900 61,098 (86,909) - 26,682 |
|
| 90,393 | 61,098 (86,909) - 64,582 |
|
| 235,076 | 273,883 (284,308) - 224,651 |
Restricted funds
WECA/ Social Economy West
Funds aimed at making communities more resilient through providing training and coaching services to the voluntary and community sector in South Gloucestershire.
Community Accountancy Service
Funds to provide a service to VCSE Organisations to support good financial practice and to review accounts.
Climate Action Fund (Big Lottery)
This is an Awards for All grant for 2020-21 to support the engagement with Climate Action Groups across the area, to deliver a series of training sessions for this emerging community action network.
Community Cohesion grant
Funds received fom South Gloucestershire Council to support the community of Cheswick Village.
Community Development and Support
Funds to assist VCSE organisations with good organisational practice, membership of CVS South Gloucestershire.
Connections Officer
Funding for Community Development officer to connect VCSE organisations, to gender partnership working and collaboration.
Equalities SLA
A new three year Service Level Agreement from SGC which CVS manages on behalf of the SG Equalities Partnership. Equalities Voice
Funding for a quarterly meeting between South Gloucestershire Council and representatives from Equalities organisations to discuss issues and priorities to promote equality in South Gloucestershire.
Quartet training
Funding to provide individual and bespoke training to VCSE organisations over two years.
South Gloucestershire Race Equality Network
Funding from South Gloucestershire Council for CVS to employ the Network's first part time Development Officer and to work with them to build their capacity to apply for future funding to support their work.
20
CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
14 Movement in funds (continued)
Social Value fund
Funding initiated through the south Gloucestershire Council procurement process, by which local businesses donate funds to support local VCSE groups. Volunteer Centres
South Gloucestershire Council 3 year grant to support the volunteer centres run in Thornbury, Kingswood, Yate & Patchway. Westport
Funding received for Recharge Up - to provide fitness classes for people isolated because of covid 10 and also visually impaired and blind people who need additional support and equipment to access classes. CVS is to manage the funding and support the newly formed group. Whitfield Tabernacle
Funding from South Gloucestershire Council for CVS South Gloucestershire to support the development of a Trust to preserve the heritage of the site and support an initial business plan and to fundraise for future development work. At the end of the project, the remaining funds were transferred to General funds in recognition of costs borne by the charity, as permitted by the agreement.
SG Lotterie
CVS SG. Administer funds from the National Lottery Community Fund to support SGREN in becoming an independent CIO. CVS SG receive a fixed amount per year, over three years, to administer the grant.
SG Phoenix
Funding to support organizations in order to strategically invest in their growth and developments activities. Cost of Living/Energy Efficiency
Funds to help organisations deal with the cost of living increase, specifically undertaking energy reports, and making energy saving recommendations, for local community centres across South Gloucestershire.
Designated funds
Designated activity funds
The trustees transferred funds for ongoing activities into a separate designated fund to ensure they were available for completing the projects in question.
Designated close down fund
Funds set aside to cover costs in the event that the charity must close down.
| Prior year (Restated) Restricted funds Community Accountancy Service Climate Action Fund (Big Lottery) Community Cohesion grant Community Development and Support Connections Officer Equalities SLA Equalities Voice Quartet training SG Race Equality Network Social Value Fund Volunteer Centres Westport Whitfield Tabernacle SG Lotterie SG Phoenix SGREN Cost of Living WECA Social Economy Project Unrestricted funds Designated - closedown fund Designated activity funds General funds Total funds |
At At 1 April 31 March 2023 Income Expenditure Transfers 2024 £ £ £ £ £ 203 207 (154) - 256 2,000 - - - 2,000 1,787 - - 1,787 551 - - - 551 31,344 - (20,681) - 10,663 - 48,000 (39,000) - 9,000 - 30,000 (29,625) - 375 5,517 - - - 5,517 45,351 15,175 (24,177) - 36,349 3,000 - - - 3,000 - 28,000 (28,000) - - 3,250 - (3,250) - 1,120 - (1,120) - - - 34,686 (33,299) - 1,387 - 10,000 - - 10,000 - 50,000 (3,000) 47,000 - 16,798 - 16,798 |
|---|---|
| 94,123 232,866 (182,306) - 144,683 |
|
| 30,000 - - - 30,000 7,900 - - - 7,900 53,462 63,586 (64,555) - 52,493 |
|
| 91,362 63,586 (64,555) - 90,393 |
|
| 185,485 296,452 (246,861) - 235,076 |
21
CVS SOUTH GLOUCESTERSHIRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
15 Analysis of net assets between funds
| Analysis of net assets between funds | |
|---|---|
| Restricted funds Unrestricted funds Designated - closedown fund Designated activity funds General fund Prior year (Restated) Restricted funds Unrestricted funds Designated - closedown fund Designated activity funds General fund |
Other Cash at Bank Net assets Total 2025 £ £ £ 160,069 - 160,069 30,000 - 30,000 7,900 - 7,900 25,550 1,132 26,682 |
| 223,519 1,132 224,651 |
|
| Other Cash at Bank Net assets Total 2024 £ £ £ 144,683 - 144,683 30,000 - 30,000 7,900 - 7,900 56,514 (4,021) 52,493 |
|
| 239,097 (4,021) 235,076 |
16 Related party transactions
There were no transactions with related parties either during 2024 or 2025.
17 Company limited by guarantee
CVS South Gloucestershire is a company limited by guarantee and as such has no share capital. In the event of the company being wound up, the liability of the members is limited to £1 each.
22
Audit Trail
| Document Details | Document Details | Document Details | ||
|---|---|---|---|---|
| Title | CVS SG Accounts YE 25 final.pdf | CVS SG Accounts YE 25 final.pdf | ||
| File Name | CVS SG YE 2025 Accounts.pdf | CVS SG YE 2025 Accounts.pdf | ||
| Document ID | f444e28ca648496dacaf4bea62d14701 | |||
| Fingerprint | ab88b7c10f48589b99fcb8153e3f14ac | |||
| Status | Completed Ld |
|||
| Document History | ||||
| Document Created | Document Created by Burton Sweet (accounts@burton-sweet.co.uk) Fingerprint: 66b6281cc7b43b3a58546e994f91396b |
Nov 03 2025 11:14AM UTC |
||
| Document Sent | Document Sent to Sue Parsons (sue.parsons6@btinternet.com) | Nov 03 2025 11:14AM UTC |
||
| Document Sent | Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk) | Nov 03 2025 11:14AM UTC |
||
| Document Viewed | Document Viewed by Sue Parsons (sue.parsons6@btinternet.com) IP: 86.140.62.140 |
Nov 03 2025 11:15AM UTC |
||
| Document Signed by Sue Parsons (sue.parsons6@btinternet.com) | ||||
| IP: 86.140.62.140 | ||||
| Document Signed | Aue Vrsons | Nov 03 2025 11:17AM UTC |
||
| Document Viewed | Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk) IP: 185.249.213.98 |
Nov 03 2025 12:53PM UTC |
||
| Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk) | ||||
| IP: 185.249.213.98 | ||||
| Document Signed | qos Kingston |
Nov 03 2025 12:54PM UTC |
||
| Document | This document has been completed. | Nov 03 2025 | ||
| Completed | Fingerprint: ab88b7c10f48589b99fcb8153e3f14ac | 12:54PM UTC |