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:
- 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.
- 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:
- Increasing the potential of drawing funding into South Gloucestershire
- Supporting the resilience and sustainability of partnership infrastructure
- 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:
- Providing a range of direct support to members including areas such as one-one coaching, fund-raising support, improving governance and charity applications.
- 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.
4
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
5
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.
6
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:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgments and accounting estimates that are reasonable and prudent;
- State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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|
8
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
9
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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts 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 requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
4. 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
10
## **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**
11
## **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**
12
## **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.
13
## **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|
14
## **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|
15
## **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|
16
## **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).
17
## **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.
18
## **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||