REGISTERED COMPANY NUMBER: 04958843 {England and Wales)
REGISTERED CHARITY NUMBER: 1101450
Re
ort of the Trustees and
Flnanclal Statements
for the Year Ended 31 March 2024
for
South Derb hire CVS
Wrighl Vigar Limited
Slalulory Auditors
Chartered Accountants & Business Advisers
Alexandra House
43 Alexandra Sl
Nottingham
Nottinghamshire
NG5 1AY

South Derb shlre CVS
Contents of the Flnancial Statements
for the Year Ended 31 March 2024
Pag¢
Reference and Administrative Details
Chalrman's Report
Report of the Trustee$
3 to 12
Report of the Independent Audltors
13 10 14
Statement of Flnanclal Activities
15
Balance Sheet
16
Cash Flow Statement
17
Notes to the Cash Flow Statement
18
Notes to the Flnancial Statements
19 to 30
Detailed Statement of Flnanclal Activities
31

South Derb hlre CVS
Reference and Administrative Detalls
forthe Year Ended 31 March 2024
TRUSTEES
H M Scoll-soulh, Chair
K L Parkinson, Treasurer
K Downs
M B Myth8n
Z J Gillbe
D J Holland
O Ripley (resigned 25.3.241
K J Horn (appointed 13.12.23)
J A O'Halloran {appointed 22.7.241
S Jackson {resigned 8.11.23)
A M Jones (resigned 10.5.23)
REGISTERED OFFICE
The Hive Top Floor, Unit G
Sharpes Eslale, Alexandra Road
SwadlSncole
Derbyshire
DE119AZ
REGISTERED COMPANY NUMBER 04958843 (England and Wales)
REGISTERED CHARITY NUMBER 1101450
AUDITORS
Wright Vigar Limited
Statutory Auditor8
Chartered Accounlanls & Buslness Advisers
Alexandra House
43 Alexandra St
Nottingham
Nottinghamshire
NG5 1AY
SOLICITORS
Ellis-Fermor & Negus
2 Devonshire Ave
Beeslon
Nottingham
NG91BS
BANKERS
Unity Trust Bank PLC
9 Brindley Place
Birmingham
B12HB
Page 1

South Derb shire CVS
Chalrman's Re
ort
for the Year Ended 31 March 2024
The chair presents her statement for the year.
Last year, I reported lo you that we had appointed a new Chief Executive Officer Hollie Benton. l am pleased to report
that Hollie has settled well into the role and the charity has continued lo thrive under her leadership. This has not been
an easy year, demand for our seNices remains high and many of our service users continue lo face challenges within
their lives. which we as a charity endeavour to ease, where posslble, and to support where we can.
The foodbank is an excellent example of how we support the local community, and we remain extremely graleful lo all of
the individuals who give of their lime and their donations lo support the essential work of Ihis seNice.
This year though has seen a significant development in the services we provide lo support people within their own
homes. We believe that working wlh partners we are one of the essential servlces that help to prevent people
inapproprialely going into hospital or indeed support people to come home sooner. We now provide services across the
whole of Derby8hire, and into Notllnghamshire supporting discharge in the Royal Derby H08Pltal, Qu88ns Hospital
Burton in Staffordshire. Chesterfield Hospital and Kings Mill Hospital. Many of otjr services are inledinked, which
en8ures a holistic approach 10 supporting the vulnerable within their own homes. None of this would be possible without
the support of the partner organisations and dedicated staff, and of course, most importantly our volunteers who give
their lime selflessly. As we move into the second part of this year, we will be looking lo expand the services we provide
and will be looking for likeminded partners to either support or to lead on setvice provision within Derbyshire, but also
bordering Counties.
This year has seen the leadership team and Ihe Board of Trustees working even closer together on our agreed strategy.
The Charity continues lo listen to the needs of our commissioners and lo understand the significant financial challenges
that face them as we go forward. All of our discussions take into account the immense challenges that are faced by 811 In
these very difficult and changing limes. We have Continued lo work through our subcommittees on our governance
arrangements in¢luding significant improvements in our reporting systems for both financial performance and the quality
and impact of our seNices. The expertlse and the commitment of the Trustees in supporting the leadership team and
our staff has grown this year when we meet in committee and at the Board, we now have a high level of confidence in
the infonmalion and data that we are receiving. This is 811 down lo the Trustees who give of their lime lo support our
excellent leadershSp team. I would Ilke lo lake this opportunity lo thank the whole Board for the work they do and the
impact that they have on our local and wider community.
Finally, I would like to again thank all of our staff, the leadership team and our wonderful volunteers for their hard work
and commitment to the vsers of our seNices. Wilhovl you none of this would happen, you really do make a difference.
H M Scotl-south
Chair
Page 2

South Derb shlre CVS
ort of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
{effe¢tive l January 2019).
OBJECTIVES AND ACTIVITIES
Objectlves and aims
a. Pollcies and objectlve$
The charity's oble¢ls, as defined in ils governing document, are:
o lo promote any charitable purposes for the benefit of the communily. in particular bul not exclusively in the local
government area of South Derbyshire and the advancement of education, the advancement, promotion and pro18clion
of health and the relief of poverty, distress and siGkness'
o lo promote and organise co operation in the achievement of (he above purposes and to that end lo bring togelher in
Gouncil represenlalives of the voluntary organisalions and statutory authorities within the area of benefil.
In setting objeclives and planning for activities. the Trustees have given due consideration lo general guidance
published by the Charity Commission relating lo publlc benefit, including the guidance 'PubliG benefit.. running a charity
IPB2)'.
b. Strategles for achleving objectives.
The Gharily has a strategic plan, agreed by ils Board of Directors, which sets out its vision, aims and priorities, and
outlines planned a¢llvSty to achieve these aims.
Our vision is for healthy, ¢onnecled. thriving communities.
SDCVS is committed lo improving health and wellbeing oulcomes by:
o Supporting individuals lo live well, learn & relain independence.
o Helping to empower communities to feel heard and lo create sustainable change, through volunteering & partnerships
o Place-based working to ensure that the voluntary sector remains at the heart of the communily
c. Activities undertaken to achieve objectiVO$
The trustees confirm that they have referred to the Charity CommSssion's guidance on public benefit when reviewing the
charity's aims and objectives, and have complied with the Charities Act 2011.
Our activities deliver Ihe public benefit requirement Sn the following ways:
Our first charitable objecl has two main beneficiaries.. Sndividuals who use our direct services., and voluntary and
communily groups (and, indirectly. their beneficiaries).
Page 3

South Derb shlre CVS
ort of the Trustees
for the Year Ended 31 March 2024
Through the services we directly provide lo individual beneficiaries, we relieve poverty, distress and ill health, advance
education, improve health outcomes, andlor deliver other charitable purposes. For example..
o The Food Bank provides immediate relief lo individuals and families, in limes of crisis, who are experiencing food
poverty. as well as helping them access support for the underlying causes..
o Safer Homes and our handy Person SeNice secure the homes ofvulnerable people who are at risk orwho have been
victims of ¢rime-
o Active Travel and other practical help servlces such as shopping and social car support the continued independence,
quallty of life and wellbeing of older people and those experiencing poor health, limited mobility or dlsability.,
o Befriending servl¢es and groups tackle social isolation among older and vulnerable people, which is proven lo impact
on mental and physical wellbeing and quality of life,.
o Training provided through our Aim Awards Centre for voluntary and community groups and volunteers, provides
opportunities for both accredited and inform81 learning and development.
SeNices such as the Home from Hospital Service and the Mental Wellbeing Support Team, aim lo provide low
level & preventive support Sn order lo preserve health and ensure that service users feel informed and able lo make
choices about their health, such as awareness of local groups and services that they can access.
We benefit a wider range of beneficiaries through our support lo local voluntary and community groups. volunteering
and an asset based community development approach lo worklng with local communS1Ses. Through this area of activity..
o We support the development of new community activities, volunteering activity, services and groups, {including the
formation and registration of new chariliesl ensuring a diverse cross section of the community are able lo benefit from
their aclivilies.,
We provide training, information, guidance and support lo voluntary and community organisalions, as well as
recTUiting volunteers and facililaling collaboration and peer support, so that other organisations operate effectively and
provide quality services lo their beneficiaries.,
o We refer and signpost people lo, and if necessary support them to access, other voluntary and communilygroups and
other services, so that Ih8y benefit from a wider rang8 of ¢ommunily based support.
o We facilitate a Time Bank scheme in many of the districls across Derbyshire. The pro}ecl entitled Derbyshire
rimeswap, alms lo facilitate community connecllon through the currenGy of time, empowering Individuals and
organisations lo exchange skills they may have, in a flexible and accesslble way.
Through delivery of our second charitable object (lo promote and organise co oper21ionl there is a wider benefit,
enabling voluntary and community organisalions working across the whole range of charitable objects lo inform and
influence the development and delivery of public seNices.
Eligibility for some seNices may be limited lo, or priority given lo, a defined group of people le.g. those of a certain ag8,
disability, or financial clrcumslances or those living in a particular geographical areal. This might be 8 condition of
fundlng andlor because Ihe purpose ol the service Ss lo miligal8 a disadvantage experienced by that particular group.
Other than this, seNices are offered in line with our equality and diversity policy lo all eligible sectors of the communSty.
Most of our services to individuals and voluntary org8nisalion8 are free or subsidised. We actively encourage the
contribution of volunteers who freely give their time to support and deliver aclivilies. We recognise that inabilily to pay
Can be a barrier lo thos8 in most need of seNices. Where we do need lo charge for Se￿ices, because they are nol
olhetwse funded, charges are kept al the minlmum needed lo cover our delivery costs.
The public benefits identified above are evidenced through:
o Reports on performancellevels of service which measure the number of beneficiaries supported and number and
nature of Inte￿entIonS provlded.,
o Feedback from individual seNice users including ev81ualion of personal outcomeslbenefils. imp8cI and quality of
seTViCe',
Feedback from
local
voluntary
and
community
organis81ions
inlervenl1onslsupportlse￿1ces, impact on their work, and quality of service.
includlng
outcomes
of
our
We hav8 not identified any private benefits olher Ihar) those incidental lo the furtherance of our charitable purposes. Nor
have we identified any harm arising from our purposes.
Page 4

South Derb shlre CVS
Re
ort of the Trustees
for the Year Endèd 31 March 2024
STRATEGIC REPORT
Achievement and performance
Demand on the Foodbank continued to Sncrease during this period, undoubtedly due to the UK'S suslalned increased
living costs. The Food Bank demand continues to increase steadily each year.
We continue lo be supported by generous donations of food, funds, and other seasonal Items & our thanks go lo
residents, businesses, community groups. schools, faith-based organisalions, clubs & parish councils, all of whom
contributed. We are fortunate lo have many regular supporters from all walks of life and would like to thank the local
businesses who pledged to support us during this period.
Thanks also goes to our local supermarkets who continue to provide invaluable support both Ihrough collecting 2nd
making donations as well as their in-house community roles who we work closely with lo run donation generating
events.
Individuals and families referr8d lo us receive a supply of basic food, appropriate to their needs whS¢h typically lasls up
to three days. Where possible we try lo provide food suited lo circumstances as well as dietary needs.
Our Food Bank provision is supported by an experienced team of Volunteers who provide a high-qualily seNice and
ensure that servlce users can access this with dignity. Where donations allowed, we were able to provide famllSes with
season816xlras such as chocolate selectlon boxes over the festive December period and specialist donations such as
slow cookers, has allowed us lo support those living in accommodation wilhoul Cooking facilities for example.
We typically expe¢t to see higher demand in the winter months, which was the case, however the lev61 and complexity
of need was comparable lo 2022123, and in partnership with other organisations, we have been able to support many
people 8xperienGing distress, living in difficult circumstance5.
During IhSs period, the Food Bank supported a lolal of 2,667 people. 1,567 of those were adults and 1,100 children. A
lolal of 1,217 food parGels were issued, 595 Single parcels and 716 Family parGels. The number of meals clients were
able lo cook with the food we provided equales to approximately 24,003 meals.
Additional support available to food bank clienls, has continued in partnership with Citizen8 Advice Mid-mercia. This
co-loGated seNice, provided timely adm￿ to those in distress, focused on improving financial out¢omes relating to
benefit entitlement and review of energy costs.
The Safer Homes seNice was delivered across South Derbyshire and Erewash, which offered home safely checks,
reassurance & advice together with the installation of safely measures such as window locks and door chains.
This se￿ice is provided to older and vulnerable residents, who may at risk of. or who have unfortunately been the victim
of crime.
During the period a lolal of 611 safety visits were made, 363 in South Derbyshire and 252 in Erewash.
Our Handy Person service continued lo support South Derbyshire residents working closely wilh the Safer Homes
Team.
The Handy Person Support seNice is available to eligible private sector owners who have a vulnerability, helping them
to retain their independence al own home, prevent hospital admission and support timely hospital discharge.
Our Handy Person Operative supplies and fits a range of free physlcal adaptions and low-level improvements such as.
1. Inslallalion of grab rails and other aids
2. Installation of key safes
3. Minor home rep21rs
4. Eliminating fall risks (carpet trips, changlng light bulbs, fixing curtain polesllracks, putting up shelves and pictures
etc.)
The service is service-user led, with an advisory role on hand to offer information alongside Ihe pr8clic81 support
provided. This might include for example, referrals lo Befriending Services, signposting to the CAB for benefit
entitlement or access to local social activities. We are delighted to b8 able lo continue delivering Ihis seNice until 2026.
In Ihls period, we carried out 452 Operative visits and 120 Support visits a Tolal of 572 visits, to people ranging in age
from 28-99 years.
215 rails were fitted and 16 outside ramps were built lo allow easier access to properties.
299 key safes were fitled during this time, which we know Gan provide peace of mlnd as well as enabling timely Hospltal
discharge.
Page 5

South Derb hlre CVS
Re
ort of the Trustees
forthe Year Ended 31 March 2024
We were very pleased lo continue delivering the Active Travel service together with our delivery partners of Connex and
Ashboume Community Transpo¥t. The service provides transport for people in South Derbyshire and Derbyshire Dales,
supporting them lo access medlcal appointments at GP surgeries and Hospitals as well as ensuring that people have
access to prescriptions and essential shopping items. This seNice is delivered in the main by volunteer drivers using
their own vehicles, with 8 local transport provider being on hand for those people who need a wheelchair accessible
vehicle.
The se￿ICe enabled 2242 journeys lo lake place-
0 1,532 medical appointments
0 46 medication collecllons
0 284 shopping deliveries
The transport offer also included accessible transport lo Swadlincole High street, with 108 journeys being provided. Our
'Connecl Befriending, service continued lo offer vital support lo people experiencing loneliness and isolation, through a
blended offer of telephone calls and home visits. This 811-age adult's service is delivered by specially trained volunteers.
The service has supported 62 individuals with 28 being provided with home visits and 34 receiving telephone support.
58 volunleers have enabled this lo happen, and we are pleased lo report 13 new volunteers were recruited.
Support isn't just limited lo the volunteer interaclions, with the Befriending Coordinator ensuring that onward referrals are
made for those individuals wih other support needs. The support Ss provided for as long as the befriendee needs.
It's very Clear that the impact of isolation contributes lo poorer health outcomes, both physically and mentally, and we
continue to showcase the value of this seNice to our partners.
In 2023, this service opled to undertake a quality agsurance exercise and we were dellghted lo have given a Quality Sn
Befriending kitem8rk, offering greater assurance lo those who use our seNices. their family and carers as well as our
amazing volunteers.
The Mental Wellbeing Support Team became an established part of our organSsation in this period and continue lo offer
vital 8UPPOrt to South Derbyshire residents experiencing challenges with their mental health. This is provided through
weekly group sessions as well as on a one-to-one basis.
173 people were supported wllh 98 of them being new referrals.
Over 800 calls were made lo and on behalf of seNice users.
208 one-to-one appointments and home visits were made, wlh 275 onward referrals & signposting.
The Home from Hospital seNice, a county wide provislon offering preventative and proactive support lo those al rtsk of
being admltled lo Hospilal or who are due to be discharged from Hospital, has gone from strength lo slrenglh Sn this
period. SDCVS lead this conlr8Ct and deliver this important seNice in partnership wlh olher VCSE organisalions across
the county.
The support we offer inGludes.'
o Undertaking shopping & collecting prescriptions
o Making sure the home environment Ss warm and safe wlh a layout lo support any new equipment entering the home.
o Arranging for key safes to be fitted and community alarm or telecare systems to be provided if needed
o Supporting people lo manage Ihelr bills and appoinlmenls
o IncreasSng access lo Community activities to help people feel connected lo their communities
o Empowering people lo understand care oplions and plan what they need for the future
o Signposting lo other slalulory, voluntary sector and community organisations as appropriate.
In this period. 1,114 referrals would made lo the service across the County. Home from Hospital volunteers supported
84 sejvice usèrs giving 371 hours of their lime.
We were delighted lo secure the Home from Hospital contract for a second time in this period. whlch means we can
continue building on this success until 2027.
The Derbyshire Time Swap service was officially launched in April 2023 and this period has seen the team gaining
Iraclion wllh securing new lime swap members as well as resuming swap activity within the existing membership. This
service is a huge asset lo our Organisation, the sector, and the residents of Derbyshire.
Locally based time swap officers have developed community relalionshlps in order lo understand the unique challenges
of each area as well as the opportunities.
In this period, 48 new organisalional members joined the scheme, and 130 new individual members wer8 recruited.
Page 6

South Derb shire CVS
Re
ort of the Trustees
for the Year Ended 31 March 2024
1,230 exchanges took place with 3,132 hours swapped.
Our Community Development Team has continued delivering expert infrastructure support, to existing voluntary and
community groups as well as helping new groups lo set up and develop. This support includes governance, and
sourcing funding.
Our focus has been on building community resilience and ensuring Ihal the variances between different areas such as
thos8 more rural villages for example, are understood.
We support place-based methodology seen in partner sectors and our aim is for communities who feel empowered to
help themselves, bul who are also well informed and know when stalulory support is required and how to access this.
The team provide workshops and training. undertake research and act as conduit for 8 vast exchange of information
across the sector within South Dert)yshire, championing the VCSE sector within strategic conversations and local
forums.
The leam have a vast range of skills, with specialisms in social connectedness, funding, community development and
volunteer force management.
Achievements during this period..
0 1008 Inleraclions took place with support being provided to 259 different groups
0 12 funding e-bulletins were issued across the ye8r with our combined malling list for bulletins now lolalling over 900
conta¢ts.
0 12 funding workshops were delivered
0 15 community forums were organised.
o Our 'Community Connector8, project continued to provide information on health and wellbeing related seNi¢es and
infomalion. The network currently has 48 Community Connectors and continues to grow. We recruited 19 new
connectors this year but unfortunately lost a few due lo different circumstances including roles changes. The network is
recognised and celebrated within South Derbyshire CVS representing a real community collaboralion and way of
sharlng Information wlh residents of South Derbyshire. We produced 12 Health and Wellbeing Bulletlns We have had
11 Informatlon Sessions including.. Hearing Help UK, Neurodevelopmental Community Hub, STAND TO, Derbyshire Fire
and ResGue Service, Beyond Barriers and Green Doclor.
o Connect South Derbyshire aims lo work with community groups and individuals lo improve social connections. Being
connected socially decreases feelings of loneliness and isolation and improves health and wellbeing. On average each
month over 300 people benefit from the work done through Social conne¢tiveness, and 18 groups are supported.
o We were Involved in 65 events, and Ihe value of in-person conversation and connection is once which we are pleased
lo have sustained, with a carefully managed approach in wnler months.
o In partnership wilh South Derbyshire Dlslrict Council, we helped lo deliver a live music event 'Swad Live, contributing
to Swadllncote's aim lo be a vibrant and allraclive visitor destination, complementing existing atlraclionslevents and in
doing so bring more people into the town ¢entr8. 500 people attended the event in August 2023.
o The distribution of South Derbyshire Small Grants Funding Ss offered lo small volunlarylcommunity organisalions in
South Derbyshire. This funding aims lo improve he811h & wellbeing and improve mental health & wellbeing. 9 groups
received funding during this period.
We continued our role of managing South Derbyshire Volunteer Force, working hard to relain and 8UPPOrt our existing
volunteers as well as recruiting new volunteers. As mentioned, we hav8 developed corporate volunteering relationships
with several organisalions and are keen to develop further in 2024125.
123 volunteers supported (he delivery of our services, conlributing 10,520 hours.
We received over 100 expressions of interest of which over 60 /0 were placed into voluntary Sector roles. We placed 86
corporate volunteers in with 7 community organisalions or groups to Complete community projects amounting to over
500 hours of time volunteered.
We secured funding from DCC for a pilot project around engaging young people aged 16-24 in Youth Social Action
through volunteering as part of Ihis we delivered inspiring assemblies around the impact and benefits of volunteering to
over 110 Year 12 pupils at The Pingle A¢ademy.
We were pleased lo host a successful voltjnteer celebration event seeing awards for oulstandlng contributlon and long
service. The event was attended by over 50 volunteers as well as representatives from exiemal charitable organisalions
and corporate supporters.
The Volunteer fair 2023 (which coincided with Volunteer Week) was attended by 31 visitors with exhibitors from 12 local
and national charitable organisalions.
Page 7

South Derb hire CVS
Re
ort of the Trustees
for the Year Ended 31 March 2024
We hosled quarterly volunteer sector forums. with guest speakers from the Vision for Volunteering, Neurodiversity Hub
on how to engage and support volunteers with neurodiverse needs, Hive Training Solutions on training and
development of volunteers.
Our commilled staff team continues lo work in a hybrid way, with 'The Hive, being a meeling point for service us8rs on a
1..1 and group basis, partnershlp meetings and the loGation for Training & Development delivery. We provide room hire
for other organisalions for community work and training delivery.
The food bank continues lo operate from the Hive, providing service users an accessible yel discreel seNice and we
have made several improvements to this area during the period.
We have increased our workforce within this period, enabling us to deliver a wider range of services lo more residents in
South Derbyshire & beyond with ambitious plans for 2024125.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have 2 reasonable expectation that the Charily has adequate
resources to conllnLfe in operational exlstence for the foreseeable future. For this reason. they continue lo adopt the
going concern basis in preparing financial s18tements.
b. Reserves policy
The Iruslees set a reserves pollcy which requires..
o Reserves be maintained al a level which ensures that South Derbyshire CVS ISDCVS) core activity could continue
during a period of unforeseen economic difficulty.
o A proportion of r8seNes be maintained in Ihe annual cash flow of the ¢harily for operation81 imperatives.
o A proportion of reserves be maintained in the annual cash flow of the charity for strategic development. partnership
development and growth opportunities.
o Any reserves net of the above agreed values may be invested to generate capital but musl be able to be drawn down
wlthin one operalional month.
The calculation of the required level of reserves is an integral part of the organlsalions planning, budget and forecast
cycle.
The Trustees have reviewed the po8sSble costs of winding up and redundancies if CVS should fail. The total potential
slalutory redundancy pay liability Is calculated al £73,841 based on current staffing levels, with anlicipaled wnding up
costs of £27,393, so a deslgnaled reserve of £101,234 is allocated for this eventuallly. Unrestricted funds tied up in fixed
assets and property sale of £11,619 and £265.413 respectively musl also be ringfenced.
After these funds have been designated accordingly, as shown in note 22, the Charily is left with free reserves of
£127,683 at the balance sheet dale (2023 £123,301), whlch is less than the largel set of £200k (3 months operational
costs).
SDCVS will aim to restore the reserves lo between 25 /0
300/0 of expenditure over the next four years. This could be
achieved by increased fundraising, increaslng earned income or reducing expendilLtre in line with positive operational
management. The reserves policy will be reviewed annually in line with our budgel and annual accounts.
Principal funding
The principal funding sources for the organisalion are the Derbyshire ICB, South Derbyshire District Council and
Derbyshire County Council.
Page 8

South Dèrb shire CVS
ort of the Trustees
for the Year Ended 31 March 2024
STRATEGIC REPORT
Future plans
As the UK and Voluntary sector continues lo face uncertainty with increased living costs and financial challenge8 in
other seGtors. South Derbyshire CVS will remain focussed on improving health outcomes and community connections.
Continued pressures on Local Authorities, Health and Social Care services, continues lo hlghlight the value and impact
of the VCSE sector, as a responsSve and proa¢live partner, well placed to build community reslllence and reduce
demand on statutory S8Nices
Our focus will remain on offering preventive health and wellbeing seNices, supporting thoge experiencing food
inequality, reducing loneliness and isolation, and promoting independence at home. We aim to expand the number of
services we provlde, in partnership with other VCSE organisalions.
The services we provide are rellanl on our incredible Volunteer Force, who are an invaluable asset lo our Organisalion
as well as the community.
We are committed lo our volunteers and lo supporting and celebrating the impact they have. Our developments with
corporate volunteering have demonslraled that volunteerlng can be accessibl8 for a v8ri8ty of organisalions who have
undertaken several communlty projecls that we wouldn't have been able to support without the commitmenl of local
businesses.
It remains our aim lo be 8 trusted provider of hlgh quality, affordable training, for individuals, other VCSE organisations
as well as the private sector. Provision of paid-for training will allow us to invest in seNices where we see fluclualing
demand such as the Food Bank. It's also our goal to embed learning opportunities in the support we provide lo
individuals and groups, and we will continue to develop this approach In 2024125
Our Community Development team play a vital role in the development of local groups and community based
organlsations, with sustained focus and energy being directed into the rural parts of South Derbyshire, and others who
may be isolated in different ways such as those who may experlence digital exclusion. The links between the work we
do with the community in this way. as being the earliest opportunity lo prevent isolation and ill health, will be
championed In the year ahead.
Our home, The Hive, based Sn the centre of Swadlincote, is developing into a multi-agency hub of activity and w8 aim lo
maximise use of the space we have available, not only lo support partnership working but also lo establish stronger links
with local businesses and new seNices.
We hold the highest standards for our organisation in terms of quality, complianGe and governance. SDCVS will
conlinue to be a strong voice for the sector, ensuring that the value of VCSE organisalions Is endorsed and that the
insight we have, feeds Into slralegi¢ decision maklng.
We remain in very challenging times as a sector and of equal importance to seNice delivery and community impact, is
the wellbeing and development of our staff 2nd volunteers. We will work with partners across sectors for the benefit of
our teams, lo ensure that all feel valued and supported, with opportunity lo grow and develop.
Page 9

South Derb shire CVS
ort of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The charitable Company Is registered as a charitable company limited by guarantee and was s61 up by a Memorandum
of Associalion on 10 November 2003 and regSstered as a chartly on 12 January 2004 with registered charily number
1101450. The charity was established under 8 Memorandum of Association, which established the objects and powers
of the charitable company and is governed under its Articles of Associallon. In the event of the charitable company
being wound up, the members are required to Gonlribule an amount not exceeding £1.
b. Methods of appolntment or electlon of Trustees
The management of the charitable company Is the responsibility of the Trustees who are elected and Go opted under the
terms of the Articles of Association.
The directors of the company are also charity Iruslees for the purpose of charity law and under the Articles of
Association are known as dire¢lors. Under the requirements of the Memorandum and Articles of Association one third of
the directors musl retire at each annual general meeting. They are eligible for re election.
The organisation strives lo ensure the diversity of ils beneficiaries is reflected within the membership of the board and
that directors have the relevant business and practical experience required. ReGruilmenl of the directors 18 achieved by
a variety of methods, including a direct approach, where the need for specific skills has been identified, lo an invitation
to members lo nominate 8 candidate.
Organisational structure and decision maklng pollcl¢$.
South Derbyshire CVS has a board of Trustees which can have up lo 15 voting members.
Some funders also nominate non voting represenlalives lo allend Board meelings. The Board meets every two months
and is responsible for the strategic direction and policy of the organisalion. The organisation also operates finance &
performance, human resources, and risk commillees, that are subgroups of the Trustee Board. These groups meet
every month or as required lo deal with financial or human resource issues. The CEO allends meelings of these
subcommillee groups bul wilhoul voting rights.
The day to day responsibilily of running the org8nisalion lies with the Chief Executive with a team of managers
responsible for the delivery of specific services, including the line m8nagement of frontline staff and volunteers.
The Flnance and Admln Manager overseas the day-to-day financlal operallon. The Chief Executive Is responslble for
overseeing the staff development programme, and the achievement and maintenance of quality standards within the
organisation, supported by the Head of Operations. The Community Development Manager is responsible for ensuring
the delivery of CVS and Volunteer Centre core functions. The Direct Services Manager and Education & Trainlng
Manager have responsibly for their respective seNice areas.
d. Policies adopted for the inductlon and tralning of Trustees.
All new trustees receive an information pack containing.. the Memorandum and Articles of Association, a role
description, charity commission guidance on the roles and responsibilities of trustees and public benefit, an annual
report and accounts, CVS servic8s information pack, newsleller, and the org2nisation's strategic plan. They are invited
to attend an induction training session which covers the history of CVS and Ils future plans, the roles and responsibilities
of trustees and basic health and safely information. Trustees are also offered the opportunity lo shadow members of
staff. attend all internal training and development days and lo loln a sub commillee of their choice. There is IT provision
th81 enables Iruslees to access our suite of Policies.
Related party relationshlps
The organisalion is an affiliated member of NAVCA (the National Association of Voluntary Communily Associations).
CVS agrees to provide seNices that cover the core areas of work. These are.. Development, Represenlalion, Liaison,
Practical Support and Strategic Partnerships.
The org8nisalion observes best praclice standards as sel out by NCVO {Nalional Council of Voluntary Organisations)
and ensures that our Volunteer Centre seNice delivers all 5 core functions to a high standard. These are.. st￿tegiC
Development of Volunteering, Good Practice Development, Developing Volunteering Opportunities, Voice of
Volunteering and Brokerage.
The organisation is a memb8r of DDIA (Derby 8 Derbyshire Infraslruclure Alliance), the Derbyshire Consortium of
voluntary and community sector infraslruclure organisallons. Membership enables the organisation lo ¢ollabor8te with
similar seNlces al 8 counly level and engage with national policy around the provision of infraslruclure services.
The Volunteer Cenlre is a member of Volunteer Centres Derbyshire, 8 subgroup of DDIA. Its remit Is lo maintain high
standards of volunteer centre seNice delivery 8¢ross the county and to work towards equitable delivery of service.
Page 10

South Derb shire CVS
ort of the Trustees
for the Year Ended 31 March 2024
f. Flnancial risk management
The Trustees have assessed the malor risks lo which the charitable company is exposed, In particular those related to
the operations and finances of the charitable company and are satisfied that systems and procedures remain in place to
miligale our exposure lo the major risks.
The Senior Team has carried out a review of Ihe rlsks lo which the organlsatlon is exposed. The risk register is updated
and is brought lo sub committees and Board meetings. Where appropriate, systems and procedures have been
established lo miligale the risks faced by the organisation. The organisalion has Gomprehensive financial management
and operational manuals, which are reviewed annually and amended as requirad. All the services delivered by SDCVS
operate within legal requirements as well as the requirements of stalulory partners on matters of safeguardlng children
and vulnerable adults, confidenlialily and the maintenance of client records.
The org8nisalion operates subgroups lo manage ils health and safety requlrements and the revlew and production of
policies. The groups are responsible for monitoring, reviewing and responding lo risks on a regular basis and reporting
to sub committees and the Board as appropriate.
FUNDS HELD AS CUSTODIAN FOR OTHERS
During the year, South Derbyshire CVS acted as Custodian Trustee for the organisalions listed below.
The Sncome and expendilure is not included within the South Derbyshire CVS financial statements and the balances
held at 31 March 2024 are carried in a separate bank account that is not reflected on the balance she8t.
1 April 2023 Income
Expendlture
31 March 2024
Miscellaneous
A gift foryou
Bereavement Cafe
Bug's Lifeline
Creative Collaborative
Client fundlng
CVS holding Account
Dimand Befriending & Support
Endometriosis
Etwall Baby and Toddler Group
Etwall Walklng Football Club
Friends of Chrysanthemum Court
Friends of Slenson Fields CCG
Grow Outslde CIC
Hatlon Bingo
Ladies @ Craft
LD Partnership Board
Lullinglon Knit & Nalter
Memory Lane Social Activities
Newhall Community Friends
Newhall Litter Pickers
Shoutout
Social Connectedness
Support fund
St Martin in the Fields
Staff Collections
Stanton Messy Play
Swad & Burton N81ural Parenls
Swad & Burton FANS
William Allill Youth Group
13,018
12,240
775
26
123
969
130
1,886
80
500
1,491
1778)
775
26
123
969
130
356
80
500
1,530
1,491
50
1,565
50
1.565
1,386
821
1,053
489
400
500
75
66
12,065
1,951
565
821
1,053
700
211
1200}
200
500
75
66
2,659
8,043
430
1,480
18,461
9,055
8,043
430
1,372
68
2,000
246
1561
933
176
2,000
246
56
28,817
33,898
42.078
19,080
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The truslees (who are also the directors of South Derbyshire CVS for the purpose8 of company lawl are responsible for
preparing the Annual Report and the financial slatements in accordance with applicable law and United Kingdom
Accounting Standards (United KSngdom Generally Accepted Accounting Practice).
Page11

South Derb shire CVS
ort of the Trustees
for the Year Ended 31 March 2024
STATEMENT OF TRUSTEES. RESPONSIBILITIES - Continued
Company law requires the Iruslees lo prepare financial statements for each financial year which give a true and fair view
of the slate of affairs of Ihe Gharilable company and of the incomlng resources and appllcallon of resources, including
the income and expenditure, of the charitable company for that period. In preparing those financial statements, the
trustees are required to
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles in the Charity SORP.,
make judgements and estimates Ihal are reasonable and prudent.,
prepare the financial glalemenls on the going concern basis unless il is inappropriate to presume that the charitable
company will continue in buslness.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial posSllon of the charllable company and lo enable them lo ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for, safeguardin9 the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the Iruslees are aware-.
there is no relevant audit Snformation of which the charitable company's auditors are unaware.. and
the trustees have taken all steps thal they ought lo have taken lo make themselves aware of any relevant audit
information and lo establish that the audilors are aware of that information.
AUDITORS
The auditors, Wright Vigar Limited, wll be proposed for re-appointment al the forthcoming Annual General Meeting.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company
directors, on
1.%.:..g..-.a¥t................ and signed on the board's behalf by-
H M Scoll-soulh, Chair- Trustee
Page 12

Re
ort of the Inde
endent Auditors to the Members of
South Derb shlre CVS
Oplnlon
We have audited the financial slalements of Soulh Derbyshire CVS Ilhe 'charltable GompanVI for Ihe year ended
31 March 2024 whicki comprise the Slalemenl of Financial A¢tivities, the Balanc8 Sh661. the Cash Flow Slalemenl and
notes lo the financial stalemenls, including a summary of significant accounting policies. The financial reporting
framework that hag been applied in their preparation is applicable law and Uni18d Kingdom Accounting Standards
(United Kingdom Generally Accepted AcGounling Praclicel.
In our opinion the financial statements..
give a true and fair view of the slate of the charitable company's affairs as al 31 March 2024 and of ils incoming
resources and appli¢ation of resources. including ils income and expendllure, for the year then ended-
have been propedy prepared in accordance wilh United Kingdom Generally Accepted Accounting PracliGe' and
have been prepared in accordance wilh the requirements of the Companies Act 2006.
Basls for opinion
We conducted our audit in aGcordance with International Standards on Auditing {UKI {ISAs (UKII and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
financial statements sectlon of our report. We are independent of the charitable Company in accordance with the elhScal
requirements that are relevant lo our audit of the financial stalements in Ihe UK, including the FRC'S Ethical Sland8rd,
and we have fulfilled our other ethical responsibilities Sn a¢cordance with these requirements. We believe th81 the audit
evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial slatemenls, we have concluded that the Iruslees, use of the going concern basis of accounting
in Ihe preparation of the financial slalements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions
that, individually or collectively, may cast significant doubl on the charitable Gompany's ability to continue as a going
concern for a period of al leasl twelve monlhs from when the financial slalemenls are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect lo going Goncem are described in the relevant
sections of this report.
Other informatlon
The Irustees are responsible for the other Infomiatlon. The other information comprlses the Informallon Included in the
Annual Report. other than the financial 8lalements and our Report of the Independent Auditors Ihereon.
Our opinion on the financial statements doe8 not cover the other information and, except lo the 8Xtent otherwise
explicitly slated in our report, we do not express any form of assurance conGlusion thereon.
In connection with our audit of the financlal stalemenls, our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misslatemenls, w8 are required to determlne whether this gives rise lo a material misstatement in the
financi81 statements themselves. If, based on the work we have performed, we ¢onclude that there is a material
misstatement of thls other Information, we are required to report Ihat fact. We have nothing lo report in this regard.
Oplnlons on other matters presGrlbed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit-
the information given in the Report of the Trustees for the financial year for which the fin3n¢ial slalements are
prepar8d is consistent wlh the financial statements; and
the Report of the Tnjstees has been prepared in accordance with applicable legal requirements.
Matters on whlch we are required to r8POrt by exception
In the light of the knowledge and understanding of the charitable company and ils environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of Ihe followng matters where the Companies Act 2006 requires us lo r8POrt to you
if, in our opinion..
adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches not vlsited by us., or
the financial statements are not in agreement with the accounling records and returns., or
certain disclosures of Iruste¢s' remuneration specified by law are not made., or
we have not received all Ihe information and explanations we require for our audit.
Page 13

ort of the Inde
endent Auditors to the Members of
South Derb shlre CVS
Responsibilities of trustees
As explained more fully in the Statement of Trusle6s' Responslbilities, the Iruslees (who are also the director8 of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and
for being satisfied that they give a ITue and fair view, and for such internal control as the Iruslees determine is necessary
to enable the preparation of financial statements that are free from material misslalement, whether due lo fraud or error.
In preparing the financial slalements, the trustees are responsible for assessing Ihe charitable company's ability lo
continue as a going concern, disclosing, as applicable, mallers related to going concern and using the going concern
basis of accounting unless the trustees either intend lo liquidate the charitable company or to cease operations, or have
no realistic alternative bul lo do so.
Our responsibilitles for the audit of the flnan¢lal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misslatemenl, whether due lo fraud or error, and lo issue a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when il exists. Mlsslalemenls can arlge from fraud
or error and are considered material if, individually or in the aggregale, they could reasonably be expected lo intEuence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of delecling irregularities, including fraud is detailed below-
Irregularities, including fraud, are instances of non-compliance w¢lh12ws and regulations. We design procedures in line
with our responsibilities, outlined above, to detect material misstatements in respect of Irregularities, including fraud.
Our approach included oblalnSng an understanding of the legal and regulatory frameworks th81 are applicable lo the
company and we determined those that are most significant. Based on the results of our risk assessment we designed
audit procedures to identify non-compli8n¢e with such laws and regulations. The specific procedures included enquiry of
management and those charged with governance around actual and potential litigation and claims.
In addition, and based on the results of our risk asses8ment we designed audit procedures lo identify and address
material misstatements in relation lo fraud. Specilically we considered the risk of fraud through management override
Ihal may lead lo a misappropriation of assets or inappropriale financial reporting. In response, we performèd audit work
over the risk of management override of controls, including testing journal entries 2nd other adjustments for
appropriateness, evaluating the business rationale of signlficant transactions outside the normal course of business and
reviewing accounting eslimates for bias.
Because of the inherent limitations of an audil, there is a risk that we will not delecl all irregularities, including those
leading to a material misslalemenl in the finanGSal slalemenls or non-¢ompliance with regulation. This risk increases the
more that compliance with a law or regulation is removed from Ihe events and transactions reflected in the financial
slalemenls, as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding
irregularities occurring due to fraud rather than èrror, as fraud involves intentional conce81ment, forgery, collusion,
omission or misrepresenlalion.
A further description of our responsibllStSes for the audit of the financial slalements is lo¢aled on the Financial Reporting
Council's website al www.frG.org.uklauditorsresponsSbilllles. This description forms part of our Report of Ihe Independent
Auditors.
Use of our report
Thls report Ss made solely lo the ¢harltable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might stale to the charitable company's
members those matters we are required lo slate lo them in an auditors, report and for no other purpose. To the fullest
extent permilled by law, we do not accept or assume responsibility lo anyone other than the charitable company and the
charilable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Steven Newman LLB BFP FCA (Senior Statutory Auditor)
for and on behalf of Wright Vigar Limited
Slalulory AudStors
Chartered Accountants & Business Advisers
Alexandra House
43 Alexandra St
Nollingham
Nollinghamshlre
NG5 1AY
Date-.
Page 14

South Derb hire CVS
Statement of Financlal Activitles
forthe Year Ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestrictèd
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
17,273
41,482
58,755
101,445
Charltable activltles
Voluntary Sector Support & Setvices
11,595
1,155,119
1.166,714
1,004,485
Other trading activities
Investment Income
Other income
1,235
6,305
1.235
6,305
2,853
234,168
Total
36,408
1,196,601
1,233,009
1,342,955
EXPENDITURE ON
Raising funds
3,348
3,348
5.073
Charitable activltles
Volunlary Sector Support & Services
25,285
1,236,213
1.261.498
1,202,370
Total
28,633
1,236.213
1,264,846
1,207,443
NET INCOMEI{EXPENDITURE}
Transfers between funds
7,775
(9,3601
{39,612)
9,360
131,8371
135,512
22
Net movement In funds
{1,5851
(30,2521
{31.837)
135,512
RECONCILIATION OF FUNDS
Total funds broughl foNard
507,534
117,310
624,844
489.332
TOTAL FUNDS CARRIED FORWARD
505,949
87,058
593.007
624,844
The notes form part of thes8 financial statements
Page 15

South Derb shlre CVS
Balance Sheet
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restrlctèd
funds
Notes
FIXED ASSETS
Tangible assets
18
11,619
11.619
17,586
CURRENT ASSETS
Debtors
Cash at bank and in hand
19
24,708
527,147
24,708
635,002
76,055
711,715
107,855
551,855
107,855
659,710
787,770
CREDITORS
Amounts falling due within one year
20
(57,5251
120,7971
(78,3221
(180,5121
NET CURRENT ASSETS
494,330
87,058
581,388
607,258
TOTAL ASSETS LESS CURRENT LIABILITIES
505,949
87,058
593,007
624,844
NET ASSETS
505,949
87,058
593.007
624,844
FUNDS
Unreslrittted funds
Reslricled funds
22
505,949
87,058
507,534
117,310
TOTAL FUNDS
593,007
624,844
The financial tatemenls were approved by the Board of Trustees and authorised for issue
and were signed on Ils behalf by..
on
H M Scolt-soulh, Chair- Trustee
The notes form part of these financial slalement8
Page 16

South Derb shire CVS
Cash Flow Statement
for the Year Ended 31 March 2024
2024
2023
Notes
Cash flows from operatirtg actlvltles
Cash generated from operations
(76,618)
(127,9531
Net cash used in operating activities
(76,618)
(127,9531
Cash flows from investirtg actlvltles
Purchase of tangible fixed assets
Sale of tangible fixed assets
(951
112,2581
335,000
Net cash (used in)Iprovided by investing activities
195)
322,742
Change in cash and cash equlvalents in
the reporting period
Cash and cash equlvalents at the
beginnlng of the reporting period
(76,713)
194,789
711,715
516,926
Cash and Cash equlvalents at the end of
the reporting perlod
635,002
711,715
The notes form part of these financial slalements
Page 17

South Derb hire CVS
Notes to the Cash Flow Statement
for the Year Ended 31 March 2024
RECONCILIATION OF NET {EXPENDITUREIIINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net (expendlturellincome for the reporting period {as per the
Statement of Flnanclal Activities)
Adjustments for:
Depreciation charges
Profil on disposal of fixed assets
Decreasellincreasel in debtors
IDecreasellin¢rease in creditors
131,8371
135,512
6,062
12,559
{234.1681
(55,4141
13.558
51,347
{102,1901
Net cash used in operations
(76.6181
(127,9531
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
711,715
{76,713)
635,002
711,715
(76,7131
635,002
Total
711,715
176,713)
635,002
The notes foim part of these financial statements
Page 18

South Derb shlre CVS
Notes to the Flnancial Statements
for the Year Ended 31 March 2024
GENERAL INFORMATION
South Derbyshire CVS is a private company limited by guarantee, incorporated in the United Kingdom and
reglstered with the Charity Commlsslon in England & Wales. Ils registered office address and registered
numbers are given on Page 1 of these financial slatemenls. Its primary objective is to promote any charitable
purposes for the benefit of the community, in particular, bul not exclusively, in the local government dislricl of
South Derbyshire and the advancement of educalion, the advancement, promotion and protection of health and
the relief of poverty, distress and sickness.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which Ss a public benefit enlily under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Statement
of Recommended Practice applicable lo charities preparing their accounts in accordance wlh the Financial
Reporting Standard applicable in the UK and Republio of Ireland IFRS 102) (effe¢live 1 January 2019),,
Financial Reportlng Standard 102 'The Finan¢Sal Reporting Standard appli¢able in the UK and Republic of
Ireland, and the Companies Act 2006. The financial slalements have been prepared under the historical cost
convention.
South Derbyshire CVS meets the definition of a publlc benefit entity under FRS 102. Assets 8nd liabilities are
initially recognised 81 historical cost or transaction value unless otherwise slated in the relevant accounting
policy.
Golng concern
After making appropriale enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources lo contlnue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial slalemenls.
Income
All Income is recognised in the Statement of Financial Aclivilles on¢e the charily has enlillement lo the funds. It
is probable that the income will be received and the amount can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and
the abillly lo estimate with sufficient accuracy the amount receivable. Evidence of entillemenl lo a legacy exists
when the Charity has sufficient evidence that a gift has been left to them (through kno￿edge of the existence of
a valid will and the death of the benefactor) and the executor is satisfied that the property in question will nol be
required to Satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be
received and the fair value of the amount receivable, which will generally be the expected cash amount lo be
distributed lo the Charity, can be reliably measured.
Grants are included in the Slalement of financial aclivilies on a re¢eiv8ble basis. The balance of income
received for specific purposes bul not expended during the period is shown in the relevant fttnds on th8 balance
sheet. Where income is received in advance of entitlement of receipt, ils recognition is deferred and inGluded in
creditors as deferred income. Where entitlement occurs before income Is received, the income is accrued.
Income tax recoverable in relation to donations received under Gifl Aid or deeds of covenant is recognised al the
time of Ihe donation.
Other income is recognised in the period in which it is receivable and to the extent the goodg have been
provided or on completion of the seNice.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or construtttive obligation committing the
charity lo that expenditure, il is probable that a transfer of economic benefits will be required in selllement and
the amount of the obligation can be measured reliably. Expenditure is classified by 2clivily. The costs of each
activity are made up of the total direct costs and shared costs, including support costs involved in undertaking
each activity. Direct costs 2ttribul8ble to a single activlty are 811ocaled directly to that 8Ctivily. Shared costs which
contribute lo more than one activity and support costs which are not allribulable lo a single activity are
apportioned b8lween those activities on a basis consistent with the use of resources. Central staff costs are
allocated on Ihe basis of lime spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Charity lo raise funds for its charitable
purposes and Includes costs of all fundraising actSvilies events and non-oharilable trading.
Expenditure on charitable activities is inGurred on directly undertaking the activities which further the Charity's
objectives, 88 well as any associated support costs.
Page 19
continued...

South Derb shire CVS
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Expenditure
All expenditure is inclusive of irrecover8ble VAT.
Grants payable are charged in Ihe year when the offer is made except in those cases where the offer is
conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants
offered sublect to conditions whlch have not been met al the year end date are noted as a commitment bul not
accrued as expenditure.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured rellably by the
Charity. This is normally upon notlficalion of the interest paid or payable by the inslilulion with whom Ihe funds
are deposited.
Intangible assets and amortisation
Intangible assets costing £1.000 or more are capilalised and recognised when future economic benefits are
probable and the cost or value of the asset can be measured reliably.
Inlanglble assets are initl8lly recognised al cost. After recognition, under the cost model, intangible assets are
measured 8t cost less any accumulated amortisalion and any accumulated Smpairmenl losses.
Al each reporting date the charity assesses whether there is any indication of impairment. If such indication
exists, the recoverable amount of the asset is determined to be the higher of ils fair value less costs to seel and
ils value in use. An impairment loss is recognised where the carrying amount exceeds the reGoverable amount.
Amortisalion is provided on intangible assets at rates calculated to write off the cost of each asset on a
slraight-line basis over its expected usefLtI life.
Amortisalion is provided on the following basis-
Computer software - fully amortised
Tangible fixed assets
Depreciation is provided at the followng annual rates in order lo write off each asset over ils eslimaled useful
Plant and machinery
Fixtures and fillings
Computer equlpment
25 % on reducing balance
25'/è on cost
33 /0 on reducing balance
Tangible fixed assets costing £1,000 or more are capilalised and recognised when future economic benefits are
probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. Afler recognition, under the cost model, tangible fixed
assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All Gosls
incurred lo bring a tangible fixed asset into its inlended working condition should be included in the
measurement of cost.
Al each reporting date the charity assesses whether there is an indication of impairment. If such Indicalion
exists, the reGoverable amount of the asset is determined lo be higher of Ils fair value less costs lo sell and its
value in use. An impalTment loss is recognised where (he carrying amount exceeds the recoverable amount.
The assets. residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if
appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are
recognised in the statement of financi81 acllvilies.
Taxation
The Gharily is exempl from Gorporalion lax on Its Gharilable aclivitieg.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Tnjslees in furtherance
of lh8 general objectives of the Charity and which have not been designated for other purposes.
Page 20
¢ontinued...

South Derb shlre CVS
Notes to the Flnancial Statements - contlnued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - ¢ontlnued
Fund accountlng
Designated funds comprise unrestricted funds that can be used In accordance with the charitabl8 objectives at
the discretion of the Iruslees.
Reslri¢led funds can only be used for particular restricted purposes within the objects of the charity. The costs
of raising and admlnlsterlng such funds are charged agalnst the specific fund.
Further explanation of the nature and purpose of each fund is included in the notes lo the finanGial stalemenls.
Pensions
The charitable company operates 8 defined contribution pension scheme. Contributions payable lo the
charitable company's pension scheme are charged to the Statement of Financial Acllvilies in the period lo which
they relate.
The charSty operates a defined contribution pension scheme and the pension charge represents the amounts
payable by the Charity to the fund in respect of the year.
Debtors
Trade and other debtors are recognised al the settlement amount after any Irade discount offered. Prepayments
are valued at the amount prepaid nel of any trade discounts due.
Cash at bank and In hand
Cash at bank and in hand includes cash and short-tarm highly liquid investments wlh a short malurily of three
months or less from the date of acquisition or opening of the deposit or similar account.
Operating lèases
Rentals paid under operating leases are Gharged to the slalement of finanGial activities on a slraighl line basis
over the lease term.
Llabllltles
Liabilities are recognised when there is an obligation at Ihe balance sheet dale as a result of a past event. il is
probable that a transfer of economic benefit wll be required in selllemenl, and the amount of the selllemenl Can
be estimated reliably.
Liabilities are recognised at th8 amount that the charity anticipates il will pay to settle the debt or the amount il
has received as adVan￿d payments for the goods or services it musl provide.
Provisions are measured al the best estimate of the amounts requlred to sellle the obligation. Where the effect
of the lime value of money is material, the provision is based on the present value of those amounts, discounted
al the pre-tax discount rale that reflects the risks specific lo the liability. The unwinding of the disGount is
recognised in the slalèmenl of financial activities as a finan￿ cost.
Flnancial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and Ilabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to
related parties and investments in ordinary shares.
Flnancial assets that are measured at cost and amortised cost are assessed at Ihe end of each reporting period
for objective evidence of impairment. If objective evSdence of impairment is found, an Impairment loss is
recognSsed in the Statement of Comprehensive Income.
For financial assets measured al cost less impaiment, the impaiimenl loss is measured as the difference
between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of
the amount that Ihe Company would receive for the asget if il ware lo be sold at the balance sheet dale.
Page 21
continued...

South Derb hire CVS
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
Estimates and judgments are continually evaluated and are based on historical experience and other factors,
Including expectations of future events that are believed lo be reasonable under the clrcumstances.
Critical accounting eslimales and 8ssumplions'.
The charity makes estimates and assumplions concerning the future. The resulting accounting estimates and
assumptions will, by definition, Seldom equal the related actual results. The estimates and assumptions Ihat
have a significant risk of Gausing a material adluslment lo the carrying amounls of assets and liabilities within the
next financi81 year are discussed below.
Critical areas of ludgmenl..
Depreciallon- Tangible fixed assets are depreciated over their useful livès laklng into account resldual values
where appropriate. The actual lives of the assets and residu81 values are assessed 8nnually and vary depending
on a number of factors. In re-assessing the asset lives. f8clor8 such as product life cycles and maintenan¢e
programmes are taken into account. Residual values consider such things as future market conditions, the
remaining life of the asset and projected disposal values, plans lo dispose of an asset before the prèviously
expected date, changes in funding which impact on the future viability of schemes resulting in assets no longer
required.
DONATIONS AND LEGACIES
2024
2023
Donations
58,755
101,445
In the year, £41,482 of donations {£2023- £55,726) was reslricled income. The remaining £17,273 (2023..
£45,719) was unrestricted income.
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
1,235
2,853
Amounts in 2024 and 2023 were wholly attributable lo unreslricled funds.
INVESTMENT INCOME
2024
2023
Bank interest
6,305
Amounts in 2024 and 2023 were wholly attributable lo unreslricled fvnds.
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
AGtlvlty
Voluntary se¢lor support &
services
Voluntary Sector Support & Services
1,166,714
1,004,485
In the year, £1,155,119 of Income from charitable activities 12023: £988,966) was restricted income. The
remaining £11.595 (2023- £15.5191 was unrestricted income.
Page 22
onlinued...

South Derb shlre CVS
Notes to the Flnanclal Statements contlnued
for the Year Ended 31 March 2024
RAISING FUNDS
Other trading actlvltles
2024
2023
Evenl costs
3,348
5,073
Amounts in 2024 and 2023 were wholly attributable lo unreslricled funds.
CHARITABLE ACTIVITIES COSTS
Support
costs (see
nole 111
Diroct
Costs
Totals
Voluntary Sector Support & Services
1,249,778
11,720
1,261,498
In the year, £1,236,213 of expenditure from charitable aclivilies {2023'. £1,038,653) was restricted. The
remaining £25,285 {2023'. £163,717) was unrestricted.
10.
GRANTS PAYABLE
2024
2023
Voluntary Sector Support & Services
14,298
11.
SUPPORT COSTS
Governance
costs
Voluntary Sector Support & SeNices
11.720
12.
NET INCOMEIIEXPENDITUREI
Nel in¢omel(expendilure) Is staled after ¢hargingllcrediting)-
2024
2023
Auditors. remuneration
Depreciation - owned assets
Surplus on disposal of fixed assets
11,720
6,062
8,500
12,559
{234,168)
13.
TRUSTEES. REMUNERATION AND BENEFITS
There were no Iruslees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees. expenses
There were no Iruslees, expenses Paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Page 23
continued...

South Derb hTre CVS
Notes to the Flnancial Statements - ¢ontinued
for the Year Ended 31 March 2024
14.
STAFF COSTS
2024
2023
Wages and salaries
Social securily costs
Olher pension costs
927,887
70,019
88,814
711,370
55.611
68,339
1,086,720
835,320
The averagè monlhly numb8rofemployees during the year was as follows..
2024
2023
Chief Executive
Charitable Activities
Administration and Support
34
26
38
30
No employee received remuneralion amounting lo more than £60,000 in either year.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
15.
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
45,719
55,726
101,445
Charitable actlvitiés
Voluntary Se¢lor Support & Setvices
15,519
988,966
1.004,485
Other Iradlng activities
Investment income
Other income
2.853
2,853
234,168
234,168
Total
298,263
1,044,692
1,342,955
EXPENDITURE ON
Raising funds
5,073
5,073
Charitable activlties
Voluntary Sector Support & Setvices
163,717
1,038,653
1,202,370
Total
168,790
1,038,653
1,207,443
NET INCOME
Transfers between funds
129,473
{40,968)
6,039
40.968
135,512
Net rnovement Sn funds
88,505
47,007
135,512
RECONCILIATION OF FUNDS
Total funds broughl lo￿ard
419,029
70,303
489,332
TOTAL FUNDS CARRIED FORWARD
507,534
117,310
624,844
Page 24
continued...

South Derb hlre CVS
Notes to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
16.
TRUSTEES REMUNERATION AND EXPENSES
During the year, no Trustees received any remuneration or olher benefits {2023 - £NILI.
During the year ended 31 March 2024, no Trustee expenses have been incurred12023 - £NILI.
17.
INTANGIBLE FIXED ASSETS
Computer
software
COST
Al 1 April 2023 and 31 March 2024
32,823
AMORTISATION
Al 1 April 2023 and 31 March 2024
32,823
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
18.
TANGIBLE FIXED ASSETS
Flxtures
and
fittings
Plant and
machinery
Computer
equipment
Totals
COST
At 1 April 2023
Additions
4,277
95
5,289
36,644
46,210
95
Al 31 March 2024
4,372
5,289
36,644
46,305
DEPRECIATION
Al 1 April 2023
Charge for year
1,238
785
2,728
1,322
24,658
3,955
28,624
6,062
At 31 March 2024
2,023
4,050
28,613
34,686
NET BOOK VALUE
Al 31 March 2024
2,349
1,239
8,031
11.619
Al 31 March 2023
3.039
2,561
11,986
17,586
19.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments and accrued income
18,833
5,875
64,552
11,503
24,708
76,055
Page 25
continued...

South Derb hlre CVS
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
20.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
2,697
19,174
17,778
38,673
10,598
17,923
10,704
141.287
78,322
180,512
2024
Deferred income al April 2023
131,324
Resources deferred during the year
9,065
131324
Amounts released from previous periods L
Deferred income al March 2024
9.065
2023
81,733
131,324
131,324
Deferred income Is held in respect of contracts for services where those services will be delivered in the
followng financial year.
21.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Between one and five years
24,678
19,798
19,128
10,326
44,476
29,454
22.
MOVEMENT IN FUNDS
Net
movement
In funds
Transfers
between
funds
Al
31.3.24
At 1.4.23
Unrestricted funds
General fund
Fixed assets
Property sale
Reserves policy
123,301
17,586
265,413
101,234
13,837
{6,062)
19,455)
95
127,683
11,619
265,413
101,234
507,534
7,775
(9,3601
505,949
Restricted funds
Derbyshire County Council
Soulh Derbyshire District Council (SDDCI
N81ion81 Lottery Community Fund
Miscellaneous Funds
SDMHA- Mental Wellbeing
71,725
18,044
136,4101
35,315
18,044
6,565
6,565
{9,3601
{407}
9,360
27,541
27,134
117,310
(39,6121
9,360
87,058
TOTAL FUNDS
624,844
131,8371
593,007
Page 26
continued...

South Derb shire CVS
Notes to the Financial Statements continued
for the Year Ended 31 March 2024
22.
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows-
Incomlng
resources
Resources
expènded
Movement
In funds
Unrestri¢ted funds
General fund
Fixed assets
36,408
{22,571)
{6.0621
13,837
(6,062)
36,408
{28.633)
7,775
RestriGted funds
Derbyshire County Council
Derbyshire ICB
South Derbyshire District Council ISDDCI
Erewash Borough Council
N2tion81 Lollery Communlty Fund
Foundation Derbyshire
Miscellaneous Funds
SDMHA- Mental WellbeSng
Other income
DCC Public Health
559,581
228,690
241,778
16,499
24,256
16.039
35,534
5.948
12,276
56,000
{595,991)
{228,690)
{241,778)
{16,499)
{17,691)
{16,039)
{44,894)
{6,355)
{12,2761
(56,000)
136,410)
6,565
(9,360)
(407)
1,196,601
{1,236,213)
(39,612)
TOTAL FUNDS
1,233,009
{1.264.8461
(31,837)
Comparatives for movement In funds
Net
movement
in funds
Transfers
bÈtween
funds
At
31.3.23
At 1.4.22
Unrèstrlcted funds
General fund
Fixed assets
Property sale
Reserves policy
168,310
118,719
122,549)
(12,5591
164,581
122,4601
188,5741
100,832
130,7661
123,301
17,586
265,413
101,234
132,000
419,029
129,473
(40.9681
507,534
Restricted funds
Derbyshire County Council
South Derbyshire District Council ISDDC)
National Lottery Community Fund
Handy Person capital budget
Capital grant fund
SDMHA- Mental Wellb8ing
34,201
{7,3761
16,289
20,189
7,000
{3,4441
16,740
{16.2891
{11,5091
{7.0001
27,541
40,968
8,680
71,725
18,044
18,6801
27,541
70,303
6,039
40,968
117,310
TOTAL FUNDS
489,332
135,512
624,844
Page 27
continued...

South Derb hire CVS
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2024
22.
MOVEMENT IN FUNDS- contlnued
Comparative net movement in funds, included in the above are as follows..
Incomlng
resources
Resources
èxpended
Movement
In funds
Unrestricted funds
General fund
Fixed assets
Property sale
64,095
(86,644)
112,559}
169,5871
122,5491
112,5591
164,581
234.168
298.263
{168,7901
129,473
Restrleted funds
Derbyshlre County Council
Derbyshire ICB
South Derbyshire Dislricl Council {SDDCI
Erewash Borough Council
National Lollery Community Fund
Foundation Derbyshire
Handy Person capital budget
Capital grant fund
SDMHA- Mental Wellbeing
697,716
60,535
208.312
16,000
4,167
6,000
7,000
1701.160}
160,5351
1191,5721
{16,000)
(20,456)
16,000)
118,5091
17,0001
{17,4211
13.4441
16,740
116,2891
{11,5091
(7,0001
27,541
44,962
1,044.692
(1,038,653)
6,039
TOTAL FUNDS
1,342,955
{1,207,4431
135,512
A current year 12 monlhs and prior year 12 months combined position is as follows..
Net
movement
In funds
Transfers
between
funds
At
31.3.24
At 1.4.22
Unrestrlcted funds
General fund
Fixed assets
Property sale
Reserves policy
168,310
118,719
18,712)
{18,6211
164,581
(31,915)
188,4791
100,832
{30,7661
127,683
11,619
265,413
101,234
132,000
419.029
137,248
Restrlcted funds
D8rby8hire County Council
Soulh Derbyshire District Council (SDDCI
National Lottery Community Fund
Miscellaneous Funds
Handy Person capital budget
Capital granl fund
SDMHA - Mental Wellbeing
(50,328)
505,949
34,201
17,3761
16,289
{39,8541
16,740
{9,7241
(9,360)
111,509)
17.000)
27,134
40,968
8,680
35,315
18,044
6,565
9,360
(8,680)
20,189
7,000
27,134
70,303
(33.5731
50,328
87,058
TOTAL FUNDS
489,332
103,675
593,007
Page 28
continued...

South Derb shlre CVS
Notes to the Flnancial Statements contlnued
for the Year Ended 31 March 2024
22.
MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows-
Incomlng
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Fixed assets
Property sale
100.503
(109,2151
(18,6211
(69,587)
(8,7121
(18,6211
164,581
234,168
334,671
1197,4231
137,248
Restricted funds
Derbyshire County Council
Derbyshire ICB
South Derbyshire District Council ISDDCI
Erewash Borough Council
National Lollery Community Fund
Foundation DerbyshSre
Miscellaneous Funds
Handy Person capital budget
Capital grant fund
SDMHA- Mental Wellbeing
Other income
DCC Public Health
1,257,297
289,225
450,090
32,499
28,423
22,039
35.534
7,000
{1,297,1511
(289,225)
(433,350)
132,499)
(38,147)
122.0391
144,8941
118,5091
{7,0001
{23,7761
{12,276)
(56,000)
(39,8541
16,740
19,724)
{9,360)
{11,5091
{7,0001
27,134
50,910
12,276
56,000
2,241,293
12,274,866)
133,573)
TOTAL FUNDS
2,575,964
{2,472,2891
103,675
Statement of funds
Designated funds
Designated funds are comprised of amounts sel aside under the reseNes policy detailed in the Trustees, Report,
amounts lied up in fixed assets and the proceeds from the prior year property sale ringfenced by the Trustees.
Restrlcted funds
Derbyshire County Council funding supports the provision of the Home from Hospital service, Befriending
Se￿iceS, A¢live Travel, the running of the Food Bank, Covid Connectors and general infrastructure prolects.
Derby & Derbyshire CCG funding supports the provision of infraslruclure, signposting and includes funds for
grant adminislr81ion.
South Derbyshire District Council funding includes core funding and funds for infrastructure, Safer Homes,
Shopmobilily and the Handyperson service.
DCC Public Health funding received supports Food Hub. ALICE, and includes funds for grant adminislralion.
N81ional Lottery Community Fund supports Hubco and the Ihree year Island Project.
Found81ion Derbyshlre support projects on Social Impact and Protected Characlerislics.
Miscellaneous funds represent Erewash Borough Council Safer Homes, NHS Swadlincote PCN - Soclal
Prescribing and smaller funds suGh as food bank donations.
The Handyperson capital budget represents funding for materials used in delivering Handyperson setvice
funded by South Derbyshire District Council.
Other income represents smaller funds such as Connex and NHS Shenmood Forest Hospitals.
SDMHA - Menlal Wellbeing represents the funds donated by South Derbyshire Mental Health Association on
winding up of the charity.
Page 29
continued...

South Dèrb shlrè CVS
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2024
23.
EMPLOYEE BENEFIT OBLIGATIONS
The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately in
an independently admlnislered fund. The penslon cost charge represents contributions payable by the Charity to
the fund and amounted to £88,814 in Ihe year12023 - £68,339).
24.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 30

South Derb shire CVS
Detailed Statement of Financlal Actlvltles
for the Year Ended 31 March 2024
2024
2023
INCOME AND ENDOWMENTS
Donatlons and legacies
Donations
58,755
101,445
Other tradlng actlv5tles
Fundraising events
1,235
2,853
Investment income
Bank interest
6.305
Charltable actlvltles
Voluntary sector support & seNices
1.166,714
1,004,485
other Income
Gain on sale of langible fixed assets
234,168
Total incoming resources
1,233,009
1,342,955
EXPENDITURE
other trading actlvltles
Event costs
3.348
5,073
Charitable activities
Wages
Social security
Pensions
Rent and premises
Insurance
Telephone & inlernel
Postage and stationery
Sundries
Project delivery
Travel & expenses
IT expenses
Slaff Iralning
Professional fees
Bank charges
Cleaning
Heal & light
Volunteer expenses
Maintenance & repairs
Bad debts
Freehold property
Grants lo indlviduals
927,887
70,019
88,814
26,427
7,173
7,058
6,424
711.370
55,611
68.339
21,750
5,546
5,454
3,171
1,947
219,491
5.517
20,743
8,454
28,113
765
2,184
4,726
1.638
1,025
11,013
39,007
9,993
35,546
831
1,493
7,400
2,389
2,574
779
6,062
12,559
14,298
1,249,778
1,192,701
Support costs
Governance costs
Auditors, remuneration
Sundrie8
11,720
8,500
1.169
11,720
9,669
Total resources expended
1,264,846
1,207,443
Net {èxpendlturé)lincome
131,837)
135,512
This page does not form part of the stalulory financial statements
Page 31