COMPANY NUMBER: 05020016 CHARITY NUMBER: 1102160 COUNCIL FOR VOLuKfARY SERVICE NORTH WEST KENT (a compary Ilmlted by 8uarantee) TRUSTEES. REPORT and FINANaAL STATEMENTS FOR THE YEAR EPIDED 31 MARCH 2024
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT CONTENTS Reference and administrative detalls Strateglc report Trustees, report Independent examinerfs report Statement of financlal actlvities {Including income and expendlture account) Balance sheet io li Notes to the flnancial statements 12-21
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT REFERENCEAND ADMINisfRAfivE DETAILS FOR THE YEAR ENDED 31 MARCH2024 hari 1102160 om an num 05020016 Northfleet Veterans Club The Hill, Northfleet, Gravesend. Kent, DAII 9EU iiecto es The directors of the charitable company (the charlty) are its trustees for the purpose of charity law and throughout this report are collertively referred to as the trustees. The directors servlng durln8 the year and since the year*nd were as follows: Dire S Maybourne G Jones P Scollard (appolnted 10/5120231 A Upstill - Chair J Thornton {resigned 101512023) CHr A Sandhu MB {resi8ned 516120231 er ositions h Healthy Living Centre Dartford - Director Independent No-walls Gardens CIC- Dlrector North Kent MIND- Director CAS Community Solutlons CIC Dartford Borough Council Rep Bankers CAF Bank 25 Klngs Hlll Avenue West Mallln& ME19 4TA Independent Examlner J P Healey FCA Lindeyer Francls Ferguson Llmlted Chartered Accountsnts North House 198 High Street Tonbrid8e, Kent TN9 IBE Sollcltors Ross Green & Crowe 50licitors 23-25 Qjpperfields, Dartford, Kent DAI 2DE
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2024 Welcome to our 23124 fiscal year Impact Report. on agaln It has been a challen8ing year however, with the effort's of the Board and our senlor management team we have established a strong foundation for CVS NWK to move forward. However, we are delighted to present our report where we have continued to art as a recognised local infrastrurture organlsation across Gravesham and Dartford & Swanley to offer sUPPOrt and development to voluntary and community sector organisation5 to help them be effective, effictent and to thrive in the fa of diversity. There are stlll many challen8es for the future, and this we recognise. Local infrastructure contributes to thriving communities. We are calling on our strate8lC Partners to recognise the value of local infrastructure, and to work with us to achieve positive outcomes. We provlde direct support for communities and the VCSE sertor through being an embedded presence in a local area. All communlties need an artive and engaged voluntary sector, supported by high-quality local Infrastructure. However, systemic change is essential to address issues caused by austerity, fra8mented commissionin& and short-term fundin8. The voluntsry sertor, with Its diverse assets and approach, are needed includlng adequate fundin& whlch will allow the voluntary sectorto focus on bullding thriving comrnunitles. About Councll for Volunta servi Nort west Kent NWK CVS NWK has been supporting VCO'S across DGS {Dartford, Gravesham and Swanley) since 1987; it has stood the test of time, proving that sustainability can be achieved even in the most austere circumstances. CVS NWK works across four strate8lc themes. We dellver support and development servlces in the followin8 categories: Leadership and Representatlonladvocacy Partnerships and Collaboratk•n Capacity buildln8 Volunteering And, in partnership with local communltles we dellver services that they Identlfy and need, Includin8: Community Cupboard Warm Hub Training Iln partnershlp with Kent Adult EdtIOn) Cknr 51Ys Forum. anda ca re entation Our role here is to stimulate conversation and debate regardlng all issues that may affect the voluntary sertor e4., bud8et tuts, new alliances, UK (United Kingdom) Shared Prosper5ty and Leve15ing up. We have campaigned throughout the year to ensure that VCSE Ivoluntary, Community and Social Enterprise) voices are heard and that the value and importance of the sector and its serv15 and activities are reco8nised In supportlng local prlorltles. We have been involved in and facilitated the fi>llowing: Kent and Medway Voluntsry Sector Alliance - This is a county wide partnershlp entompassing all 4 VCSE Health Alliances whlch enables the partners to work together to promote equality, improve health Inequalities and to help families and communities to achieve and maintain wellbeln8.
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT SThATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2024 Communlty Research Engagement Network - Gain trust and build relationships wlth underrepresented communlties In matters of research through local events and tailored trainlng. Its aims are to: Support and fund Cowordlnation of the VCSE, local communlties and researchers, Formalise community engagement by actlng on what communities are telllng us matters to them, Be transparent, sharlng insights from research back with local communities, and, Be effective and build sustsinabllity for the contlnued grovrth of the Communty Research En8agement Network ICRENI. nershl san Ilaboratl The Kent Infrastructure Support Programme: It exists to support charltles, communlty groups and CICS with exlstin8, dormant or new Infrastructure proJe¢ts, and has beÈn made possible thanks to funding from Kent County Council. Nine organlsations were awarded 8rants through Kent Communlty Foundation to enable them to offer Services to others withln the voluntary sector. Awarded organisatlons are worklng as a 8roup to Identtfy and tackle challenges wlthin the sector to best support charitable organisations. We are working in partnership with Swale Communlty and Voluntary Services to deliver this pro8ramme. The deliverables in the first year are covered In more detail withln the Trustees, report. We are also working closely with the three dlstrict counclls, Oartford, Gravesham, and Sevenoaks, to act as representatives from the voluntary and community sector. We are dellghted to announce that we have, In January 2024, been advised of our successful fundin8 bld to the National Lottery Community Fund to deliver Infrastructure support servlces acr055 Dartford. Gravesham and Swanley for the next 3 years. Sarah Maybourne~ Tru Date:
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT TRUSTEES, REPORT FOR THE YEAR ENDED31 MARCH 2024 The Directors are pleased to presentthelr report togetherwith financlal statements of the charity for the year ending 31 March 2024. Strurture. Governan and Mana8emnt documen Council for Voluntary Senil North West Kent ICVSNWK) is a company Ilmited by guarantee governed by its Memorandurn and Artlcles of Association dated 12 January 21)04 and amended to allow for current governance arrangement on 29June 2005, 6 September 2006, and the 7 August 21J09. It Is re8lStered a5 a charity wlth the Charity Commission. ointment of Trustees As set out In the Articles of Assoclation, the Chairof the trustees Is eletted bythe Board, followlngthe Annual General Meeting IAGM) The Board is comprised of between 5 and 15 trustees. All members are clrculated with Invltatlons to nominate trustees prior to the AGM, advlsing them of the number of vacancies and requestlng nominatlons. Nominees appolnted by the Borough and Dlstrlrt Councils are Subject to the appointment processes of those bodies and the guidelines on appolntment to public office as they apply to Local Government nominees. ions f Trustees The Trustees are expected to attend Board meetlngs re8ularly; understand and be commltted to CVSNWK policies on value5 and equal opportunltles; share in the governance of the or8anisation, by agreelng to work in sub- committees and working groups; support all decisions On the majorlty of the Board ha5 reached them; and be willing to participate In tralnlng and strategy meetings. rustee Inductlon and tralnln New trustees undergo an orlentation half day to brlef them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Assoclatlon, the Board and decision-maklng prosses, the buslness plan, and recent financial performance of the charity. During their indurtlon they meet key employees and other trustees. Trustees are encouraged to attend approprlate external training events where these will facilitate the undertaking of thelr role. anisation The Board administers the charity and meets bi-monthly durin8 the year. Workin8 groups are created as and when required. In prlor years a Chief Officer Is appolnted by the trustees to manage day-to4ay operations of the charlty. To facilitate operatlons, the Chief Officer has delegated authorlty, wlthin terms of delegatlon approved by the trustees for operational matters Includln8 finance, employment, and other performance related activity. This year, the CEO role has been split between an Operations Manager and a Strate8i¢ Lead which has worked well and the role will contlnue In thls format.
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH2024 Rlsk Management The trustees have a risk management strate8y, which comprises: An annual revlew of the rlsks the charlty may face. The establishment of systems and procedures to mitigate those rlsks Identlfled in the plan. The Implementstion of procedures deslgned to minimise any potentlal impact on the charty should those risks materfallse. Dependenry on grants contlnues to be one of the main risks assoclated with the charity. However. steps are being taken to build up designated reser4es for the charity. Oblettlve5 and actlvltles The Charl$ objects and its prlncipal artivlty for the year continues to be that of promotlng any charitable object for the benefit of the community such as development of facilitie5, protertlon of health, relief of povertyi promotion of education and learnln& prlmarily, but not excluslvelyi Withln the Dartford, Gravesham and Swanley aa. The strategies employed to asslst the charlty to meet these objectlves Included the following: Develop and enhance the provision of informatlon servlces to Meet the needs of the voluntary and community sertor,. Increase the provision and take-up of volunteerin8 Opportunities; Build capacity of the Charlty voluntary organISatn5 and community groups to enable them to secure funds for their activities and servlces; Provide a comprehensive training programme," and Promote and participate In local partnerships. The Trustees have had due regard to the guidance Issued by the Charity Commission on publlc benefft when reviewing the charitvs objectlves and plannln8 for the future. Athlevements and perfomiance We provlde regular information on our Facel)ook page of recent events and opportunities for access by our local community, thls includes employment, volunteer opportunlties, local actlvStles, tralnln8 events, promotion of other voluntary organisations and any other relevant news for the Sector. We use volunteers withln our or8anlsatlon to help dellver projects and events.
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT TRusfEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024 ro The Infrastructure Support Fund has been made posslble thanks to fundlng from Kent County Councll. It exlsts to support charities, communlty groups and CICS with existing, dormant or new Infrastrurture projects. Nlne or8anlsatSons were awarded grants through Kent Community Foundation to enable them to offer Services to others wlthln the voluntary sector. Cabinet Member for Community and Regulatory Servlces MSke Hlll said: Ve ore used to seelnq the extrnordlnaryfront•end work of our Kent charltles communlty qroups and CICS. however thlsfvnd supports the Important but unseen elements vAthout whkh ft Mwld not be posslble to sustaln those transAormatlonal out¢offle Thls support 11 allow orqonl$otlons to evofve and odap¢ enabHnq them to develop fundralslnq skllls and stmteqyandflnonclal reslllence. They con also trnlnlnq on govemance andpolkyl mentorfng $¢hemes leadehlpPmqrnmMes ond vltulpeersupportnetwwkn. fheywlll be able to tocklere¢rultmentondretentlon. servlnq to strenqtlKn the Impart of the voluntary sertor In the ¢ounty." Awarded or8anlsatlons are working as a group to Identlfy and tackle challenges withln the sertor to best support charitable or8anisatlons. We are worklng In partnershlp wlth Swale Community and Voluntary Ser¥lces to dellver thls programme. In Its flrst year we delivered: 194 unique organlsatlons have been 5UPPOrted. 192 1.1 sessions have been delivered IIXI organisatlons have taken advantage of networklng and collaboration opportunltles 34 group 5e5sions have been delivered 30 events la combination of virtual and in person. 25 individuals who are looking to set up organlsatlons but have not yet chosen a structure. 24 or8anlsations have accessed back-office support 15 organisations have asked for fundraisin8 and income 8eneration support 12 or8anlsatlons have spoken to us about staff management Includlng volunteers 7 organisations have asked for marketin8 support 4 or8an5satlons have accessed board, trustees, and leadership support 2 organisations have asked about Informatlon relatin8 to mergers and closures l or8anisation has asked for support with strategic plannin& Includln8 Impact measurement. Local Partnershl CVSNWK contSnues to be a leading partner of the Kent and Medway Voluntary Sertor Alllance. a county wide partner5hlp encompasslng all 4 VCSE Health Alliances which enables the partners to work together. The local North Kent Voluntary Sertor Alllance meets four tSmes per year and its role is: To become an effective strate8lc partnership by establishing comprehenslve Jolnt workln8 between communlty and voluntary sector, the NHS and statutory agencies; To support a stron8 heafth and care system in Kent, and workin8 for the benefit of local people;
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 To be a group to feed Into the NHS Place-based Partnerships and the Kent and Medway Integrated Care System (ICS); To Identify and raise awareness of gaps in servlce provislon and meet these needs where p¢yssible; To be a key Inftuencing consortium worklng collaboratively to support and improve the Ilves of people in our communities; and, To help smaller VCSE organlsatlons engage with the NHS and ststutory servlces. ni Cu board The Communlty Cupboard (formal* known a5 Our Place ProJert> offer5 a weekly place for local people to meet, sociali5e, access local support, informatlon and access a range of essential item5 donated by Givin8 World. oll & Flnancial R Any funds donated to Councll for Voluntary 5ervlce North West Kent for a speclfic purpose wlll be classed as restrlcted reserve. It is the policy of CVSNWK to malntain unrestrirted funds, whlch are the free reseNes of the Charty, at a level. which enables the charftable company to have sufficlent fundsto cover mana8ement, administration and support costs and to respond to emergency applications of grants, whlch arlse from time to t5me. At the year end the charity had unrestrlcted reserves of £27,656 {2023: £22,574), of whlch £4,820 is designated for future redundancy costs. This leave5 UnstrICted free reserves of £22,836, which are deemed sufficient to cover three months of ongoing runnlng costs prior to the allocation of any support Costs to restrlrted funds. As per rte 2.2, WÈ are delighted to announce that in January 2024, we were advised of our successful funding bid tothe National Lottery Community Fund to deliver Infrastrurture support servlces across Dartford, Gravesham and Swanley for the next 3 years. As such, the Trustees have assessed that there are no si8nificant doubts over the charty's ability to continue as a going concern. A posltlve way forward l am happy to report that The Councll for Voluntsry Service North West Kent Is in a much stronger position both strategically in practical terms and financialFy than It was last year. There are parts of every annual trustee report that echoes last years and in many cases the years preceding it. Thls report Is no exception to that and Indeed acts as a timeline for the actlvltles of the charity and Its ups and downs over the years. We are In a wonderful position now of being on one of the ups of this cycle. We have previously struggled to obtaln fundlng for supporting the Infrastructure of our communlty whlch is what CVS'S main funrtion Is. We have managed to obtain three years funding through our IMPAicf grant alongslde our other smaller grants to put us In a secure posltlon. This 8ives us greater stability and security wlthin our organlsatron enabling CVS to empower the local community to funrtlon better and support it by dellver volunteering activitles, community cohesion and engagement In a much better and more comprehenslve way.
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT TRUSTEES, REPORT FOR THE YEAR EAIDED 31 MARCH 2024 We believe that havln8 financial stsblllty is far for Important than just securln8 the finances of the organization and supporting the community. It enables US to not only support it for the purposes of providing projerts and Serv1$, It enables that community to feel safer, far more secure within ttself, bullds 8rowfh and opportunities and creates happier people Ilvln8 amongst us. At thls period of wrltln& our soclety Is undergoing quite a turbulent time currently with marches on the streets scapegoating minorltles and people seen by some 35 being dlfferent from ourselves. At CVS we believe our work brings everyone together and creates a much better social structure helplng people feel safer, more secure and engaged within their communities whoever they are, and we belleve that communitles are happier and more secure when we work as a communlty together. We have always been very fru8al with the moneywe have and carefully look at what we spend. We carefully monltor our reserves regularly to make sure we are secure in the event of any difficultles. As chair writing thls and a trustee of 20 year5 Within CVS I feel really pleased that we have endured the lean and challenglng tlmes and coped wlth the difficulties In the past to now be abje to enjoy a brighter future. Trustee< responslbllltle$ statemert The Trustees (who are also directors of Council For Voluntary Service North West Kent for the purpose5 of companv law) are responsible for preparlng the Tru5tees' report and the financial statements in accordance wlth applicable law and United Kingdom Accountin8 Standards Iunlted Kingdom Generally Accepted Accountln8 Practice). Company law requlres the Trustees to prepare flnantial statements for each financlal year. Under company law, the Trustees must not approve the financial statements unless they are satlsfied that they gwe a true and fair view of the state of affalrs of the charitsble company and of the Incomln8 resources and appllcatlon of resources, Including the income and expenditure, of the charitable company for that period. In preparing these financlal statements, the Trustees are requlred to: selert suitable accounting policies and then apply them conslstently: observe the methods and principles in the Charltles SORP; make judgments and accountlng estlmates that are reasonable and prudent; prepare the flnanclal statements on the goln8 concern basis unless It Is Inapproprlate to presume that the charitable company will continue In operation. The Trustees are responsible for keepin8 adequate accountln8 records that are sufflcient to show and explain the charitable company's transaction5 and disclose with reasonable accuracy at any time the flnanclal position of the charitable company and enable them to ensure that the financlal statements comply with the Companles Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for takln8 reasonable steps for the prevention and detection of fraud and other Irregularltles. The Trustees are responsible for the maintenance and Inte8rlty of the corporate and financial informatlon Included on the charitable company's website. This report was approved by the Trustees, on ... . and sl8ned on their behalf by: Andrew Upstlll - Chalr
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 I report to the trustees on my examination of the accounts of Council For Voluntary servi North West Kent (tthe charitv) for the year ended 31 March 2024. Responslbllltles and basls of report As the Trustees of the charity land also its dlrectors for the purposes of company law) you are responslblÈ for the preparation of the accounts In accordance with the requirements of the Companles Act 21)06. Havin8 satisfied rnyself thatthe accounts of the charlty are not qUired to be audited under Part 16 of the Companles Art 2(KJ6 and are ell8lblefor independent examinatlon, I report In respect of my examination of the charlty's accounts carried out under section 145 of the Charities Act 2011. In carrying out my examlnatlon I have followed the Directions given by the Charity Commission under sectlon 145{5llb) of the Charities Act 2011. Independent examln*s statement I have completed my examination. I confirm that no materfal matters have come to my attention in connertlon wlth the examination glving me cause to belleve: accounting records were not kept Sn respect of the company as requlred by sectlon 130 of the Act; or the accounts do not accord with those records,. or 3. the accounts do not complywith the accounting requirements of sectlon 396 of the Companies Art 2(K16 otherthan any requirement that the accounts give a true and fair, view whlch is not a matter consldered as part of an independent examination; or 4. the accounts have not been prepared in attordan with the methods and prlnciples of the Ststement of Recommended practi for accounting and reportlng by charities applicable to charities preparin8 their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 1021. I have no COnrnS and have come across no other matter5 in connettion with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. Lt Jonathan Healey FCA Undeyer Frands Ferguson Umlted North House 198 High Street Tonbrid8e Kent TN9 IBE
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT STATEMENT OF FINANcL AcrivmES (INCLUDING INCOM£ AND EXPENDITURE ACCOUNn FOR THE YEAR ENDED 31 MARCH 2024 Unrestrkted fvnds 2024 Restrlrted fvnds Total fvnds 2023 Note Income from: Grants and donatlons Charitsble activitles Other trading activitles Investments io 5,010 112,190 5,898 598 1,897 129,863 7,677 285 112,190 5,898 522 76 6,430 117,266 123,696 139,722 Expendlture on: Ralsln8 fund5 Charitable activitles 973 161,104 1,385 151,717 153,102 1,569 151,717 153,286 162,077 N•t Incomel(expendltUM) io 4,861 { 34.451) 129.590) 122,3551 Transfers between funds Net m¢)vement In funds 4,861 134,451) (29,590) 122,3551 Reconclllatlon of fiinds: Total funds brought forward 23,237 63,537 86,774 109,129 Total funds carrled forward 15 28,098 29,086 57,184 86,774 io
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT BALANCE SHEEr ASA T31 MARCH 2024 2024 2024 2023 2023 Note Flxed assets Tangible assets 12 442 663 Current assets Debtor5 Cash at bank and in hand 13 6,975 83,169 79,442 81,526 90,144 Uabllltles Creditors: amounts falling due wlthin one year { 24,784) 14,033} Net current assets 56.742 86,111 Total net assets 57,184 86,774 The funds of the charity Unrestricted funds Restricted funds 28,098 29,086 23,237 63,537 Total funds 15 57,184 86,774 For the financlal year in questlon the company was entitled to exemption under sectlon 477 of the Companles Act 2006 relating to small companies. No members have required the company to obtain an audit of Its acwunts for the year In questlon In accordance with sectlon 476 of the Companles Act 2006. The directors acknowledge their responsibility for complylng with the requirements of the Companies Act 2006 with respett to accounting records and the preparation of accounts. These accounts have been prepared in accordance wlth the provlsions applicable to companles subject to the small companie5, regime. Approved by the board of trustees on.. . and signed on Its behalf by: A Upstill Company number: 05020016 li
COUNCIL FOR VOLUNTARY SERVICE NORTH WEST KENT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 srAWS Councll for Voluntary Service North West Kent is a charltable company Ilmited by guarantee incorporated in England and Wales. In the event of a wlndlng up, the liablllty in respert of the guarantee Is Ilmited to £1 per rnember of the charity. The address of the reglstered office Is Northfleet Veteran5 Club, The Hill, Northfleet, Gravesend, Kent. DAII 9EU. ACCOUNTING POUCIES The princlpal accounting policles adopted* judgements and key sources of estlmation uncertainty in the preparation of the financial statements are as follows: 2.1 Basb of preparatlon The financial statements have been prepared In accordance wlth "Accounting and Reporting bv Charities: Statement of Recommended Practice applicable to charltles preparing thelr accounts in accordance with the Financlal Reportin8 Standard applicable in the UK and Republlc of Ireland IFRS 102}" leffettlve l January 2019) - (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republlc of Ireland {FRS 1021 and the Companles Act 2006. Councll for Voluntary Service North West Kent meets the definttion of a publlc benefit entity under FRS 102. Assets and liablllties are initially recognlsed at historfcal cost or transactlon value unless otherwlse stated in the relevant accounting pollcy notels). The financlal statements are presented In pounds sterllng and rounded to the nearest pound. 2.2 Golng Con¢ern The Trustees have assessed that there are no significant doubts over the charlty's abllity to contlnue as a going concern. We are delighted to say that we have been successfvl In our 3 year National Lottery Community Fund Application and that we will be dellvering a programme of 5UPPOrt and development for the voluntary and community sertor across Dartford, Gravesham and Swanley until March 2027. As a resuh, the financlal ststements have been prepared on a golng concern basis. 2.3 Income Income from donatlons and grants is recognlsed when the charlty Is entitled to the funds, the receipt Is probable and the amount can be measured rellably. For donations, thls15 usually on recelpt. For grants {includlng government grants). this is usually when a formal offer is made In writin8• unless the grant contains terms and conditions outslde of the charitys control which must be met before the charlty Is entitled to the funds. Where grants are received in response to a proposal including a budgeted tlmescale, such that the tlmescale for the expenditure is Impllclt In the grant agreement, the income is reco8nised in accordance with that timescale. Investment Income is reco8nised when receivable. Interest Is accounted for as accrued Income where it Is due but has not yet been credited. 12
COLINCIL FOR VOLUNTARY SERVICE NORTH WEST KENT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH2024 2.3 Income contlnued Incoming resources from charitable artivitles are recognised to the extent that the charity has provided the contracted seNlces and has been analysed between the attfvltles undertaken by the charitable company. 2.4 Expenditure Expenditure and related liabilities are recognlsed when a present legal or constructive obllgation exists at the balan sheet date as a result of a past event. it is probable that a transfer of economlc benefit5 will be requlred to settle the obligatlon, and the amount can be measured or estimated reliably. Expendlture Is stated gross of Irrecoverable VAT and has been classified under headlngs that aggregate all costs related to the category. Expenditure on raising funds Includes the costs assocSated wlth attractin8 donatlons and grants and the costs of fundraising trading artlvltles. Expendlture on charitable artivities Includes the cost of projects funded directly and projects funded by way of grants to organisations, related staff costs, and an allocatlon of support costs. Support costs are those functions that assist the work of the charity but do not dlrertly relate to delivery of the charitable acttvitles. 2.5 Taxation The charitsble company is exempt from corporation tax on its charltable actlvltle5. 2.6 Fund ac¢ountln8 Unrestricted funds can be used In accordance with the charltable objectives at the discretlon of the trustees. Restrlcted funds can only be used for the particular restricted purposes wlthin the objects of the charity. Restrlctlons arise when specified by the donor or when funds are raised for particular restricted purposes. 2.7 Tanglble flxed assets and depreclatlon Tanglble fixed assets are stated at cost or valuatlon on transition less depreclatlon. Depreclation is provided at rates calculated to write off the cost less estimated realisable value of each asset over its experted useful life. as follows: Computer equipment Furnlture, flxtures and equipment 33.3% reducing balance 33.3% reducin8 balance 13
COUNCIL FOR VOLUNTARY SERVICE NORTh WEST KENT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2.8 Flnandal Instruments The charity only has flnancial instruments of a kind that qualify as basic financial Instruments. Short tem) basic financial instruments are initially recognlsed at transaction value and subsequently measured at their settlement value. 2.9 Leaslng Rentals payable under operatlng leases are charged against income on a straight line basls over the lease term. The only operatlng lease relates to the charity's premises. 2.10 Penslons The charitable company makes pension contributions into employees, private penslon schemes. Contrlbutlons are recognlsed in the ststement of financial actlvitles when payable. 14
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COUNUL FORVOUINTARYSERVICE NORTh WEST KENT NOTESTO ThE FINANCIAL ATEmENTs FOR THÉ ITAREIIDED31 AIAR012024 5 In¢ome from oth•rtradln8 xtl¥llles Recovered costs: DBS checks Other recovered costs Admlnlstratlon fees charged Tralnlng 712 670 720 S,575 385 3.678 1.835 5A98 7,677 In the tomparatlve perfod. re5tr1Lted Income was received asfollow5: 202> Charltsble actmtles 129.863 I2963 7 Expendllurn on r•lsln8funds DBS ¢he£ks recoverable Tralnln8- Other costs 872 ioi 973 8 Siipport costs 2014 Staff costs Rent and rates Insurance prtntin& posta8e and statlonery Telephone Computer expenses Subscrlptlons and membershlp Payroll 5ervlces Volunteer expenses Miscellaneous expenses A(fvertlslng 8ank ¢har8e5 Travel Oépretiatlon of fMed assets Govemance costs: Independent Examlner's fee Accountsncy fees 20,155 3598 7.560 1.193 1.242 393 4.113 205 477 30 221 1.024 93 2,217 112 236 72 331 221 963 1.995 35.266 54.567 16
COUNCIL FOR VOWNfAAY SERVICE Nomi WEST KENT NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR EAIDED 31 MARCH2W4 9 Reslrfrted expondlwrn In the comparatl¥e perlod, expendthre from restrlcted fvnds was as fdlows: 2023 Chadtsble activitles IS4,045 10 Net expendlttw• Z024 2023 Thls Is stated after ¢harMlng: Depredation Operatlng lease payments 221 331 7,560 11 Staff o)sts 2024 Wages and salarles Employerts National lffjurnn Employerfs penslon wntrlbuttons Sub¢ontractor costs 81.511 796 l.S17 22.216 98,249 2.141 1.477 21.140 106,040 123.007 The avera8e numberof employee5 on a headcount basls wa5.. 2015 Jncil for Voluntary Service ig Local No employee re1ved remuneratlon lex¢ludln8 employer penslon contrlbutlonsj amountJn8 to More than £60,000 durlni élther year. 17
COUNCIL FOR VOWNTARY SERVICE NORTh WEST KENT PIOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12 Tanilble trlx•d assets Furnlture, Comput•r equlpment Equlpment Total Cost At l Aprll 2023 13,687 3.786 17.473 At 31 March 2024 13.687 3.786 17,473 Depretlrtlon At l Aprll 2023 Charge for the year 13.648 13 3.162 16,810 221 At 31 March 2024 13.661 3,370 17.031 Net bookvalue At 31 March 2024 26 416 44Z At 31 Marth 2023 39 624 663 2024 202J Fees and grants recefvable 6.975 2,OB4 6.975 14 Cr¢dlton: •mounts falllnzdue Tmlthln one year 2024 Trade credlto A¢¢ruals and defefred Income Funds held for otherorganlsatlons Other creditors 2.748 22,036 299 346 24,784 4,033 Funds h•ld as •i•n The followln8 Income was rttdved. and expendlture meL on behalf of the oryanlsatlons whlth have thelr funds held by Coundl for Voluntsry Serce North West Kert: Northfleet Veterans Club- IrKome of £28.686 was received. payments of £10.426 and the agent's fees of £2069 were made on behall of the Club. Hfve Allve- payments of £284 and the a8ent'sfee for the year of £15 was met on thelr behalf. rcus of Life- incorne of £6.645 was recelved and Is held at the year.end. 18
COUPKIL FORVOLLINfARYSERVtCE NORTh WEST KEKr NOTESTOTHE FIIIAIKIALSTATEMEMTS 15 Mov•m•rt on At l Apyl 2023 At 31 M•Y¢h 2024 Income Expendltuye Transf•rs Unrestrlcted funds.. General fund DeslBnated fund: Redundancy costs 17,340 6,429 11,5681 1,077 23278 5,897 23,237 11.0771 4020 28.098 6.429 11.568 Restricted funds: Northfleet Bl8 Local Bi8 Local. Non Lottery Gravesham Place IAG Our Place Voluntary and Communlty Sector Alllance Involve North Kent MIND Communlty Rewrth Network Kent Infrastucture Support FUTh Colyer Fergus50n 43.625 8.139 6,578 5.195 56.619 2A55 183.0411 I10.S941 16.5781 115,9981 18.s(Kil 13,750) 15,7SOI 117.5071 17,203 17,686 3,750 5,750 17.$07 5,OCiI 63.S37 117.267 1151,7181 29.086 Total funds 86.774 123,696 1153.2861 57.184 Prkn perfod: AtIAw At 31 Mar¢h 2023 Tr•nsf•rs Unrestrlcted luftds: General fund Deslgn*ed fund: Redundancy costs 21.450 9.819 I82) 15A971 17,340 5.897 5,897 23,237 21A50 Re5trfrted funds: Northlleet Blg Local Bl8 Local- Non Lottery Gravesham Place IAG Our Hace Involve Wlnter Hub Kent Communlty Foundatkjn Lottery comrnunity fund GBC Development worker 24.429 25.(K13 12,061 1.941 78,084 10,246 13261 7,312 5JXJO { 58,888) 127.1101 118,7441 14,0581 15,Th)01 14.LuII 17.3501 19,9901 118,55 { 154.0451 43.625 8,139 6.578 5.195 7,350 9.990 6.905 12.COJ 87,679 129,903 63.537 Total funds 109,129 139,722 1162.0771 86,774 19
COLINCIL F0RVOWPARvSERVlCE NORTh WEsf KfMT MOTESTOTHE HIUNCIALSTATEMENTS FOR TIIE YEAR EPIDED31 AIAR012024 Deskn)•ted funds The trustees desnated funds to cover redundancy costs that arose when one of the projects ceased In March 2024 and In the eventthatthe organlsatlon dkl not recelve further fundln8 in the year to 31 March 2024. Restrfrted Fund5 Northfvet 819 iacal CVSNWK 15 the Local Trusted Or8anlsatlon for the Northfleet Local and 15 responslble for the Brant 8k¥en to the Northfleet North Communlty. CVSNWK holds the responsSbllity to en5Lire the grant Is spent in Ilne with the grant agreement and 1$ also responslble for the quarterty and end of year returns. All monles ¢omln8 Into the Blg Local wt are Included wlthln the CdSNWK accounts. Trn Ilne wlth the agreement wlth Northfleet Bl8 Local. Lacak Non iott•ry This is the hub that the 818 Lo¢al Trust now operate from and Is funded by the Blg L(Kal Trust funds 8enerated beln8 Utillged on the 85g Local prolert. Grn¥h•m Plate IAG Se 045NWK works In partnershlp with KCC Adult Sep4lces and employs part tlme members of staff who are Sended over to In the Day Centre receptlon and other receptlon areas around the hospital. 041 Pl•ee Our place Is the communlty shop In hall vthlth takes place on a Tuesday. workln8 alDn8sFde GlvFng World. Our Place work wlth •ryone In need at the tlme and recelve free good5 which are subwuently donated. These goods are dIfficU to quantify In terms of value, a5 they conslst of dothes 3nd small household Items. In the year s5x pallets worth of goods were re¢el¥d from GbAng Wortd and then Subsequent donated. Jnvofve Thls grant was v5ed to support CVSNWK towards the tost of offerln8 capa¢Sty bulldln8 SUPPOrt. Wlnter Hub Thls bvant was recelved In 2022. and was used to support CVSNWK towards to the costs of operat5 a Warrn Hub. Kent Commun#y Found•tlon Thegrant received in 2022 was to supwt CVSNWK to overhaul Its Core sep41ce offering and lookto develop sustainable inwme. Lottery ¢ommunltyfvml Fundlng was recefved durfrvJ the year to rebulld ¢ommuntty network% Ilnb, referrnls and slgnpostln8 processes fdlowln8 the pandemlc. Fundlng was received to ora8anise and dellvtr a nètworklng event and tralnlng ses51ons for the 4vluntary and tommunity sector Grave5ham. Thls ended on 31 March 2023. Volwntary and Commuftlty Sectty Alll•ne• The Alliance has been established to tree a partnershlp betren the communlty and Voluntary sector, the NHS and ststutory a8en¢les. The fundlng helps set up and facllitate alliance meetings ( least 4 a yearl. run local events and workshops whlch engage wlth smaller VCSE Ivoluntaryi Community and Soclal Enterprlsel 8fOUP5 in the area lat least 2 a ar) aThJ help the NHS and statutory bodle$ to engage •nd ¢ommunlcate with the wlder VCSE sertor. Kert Infrastuthjrn sw)port lurtd This 8fant was e1ved In 2023124 to support CVS NWKtts provlde bulldln8 SUPPOrt tothe voluntsry sector Sn Kent. North Kent MIMD Communlty ReseaT¢h EnBa8emoTrt N•kn¥ork Thls fundin6 was recerved to help the charlty engage with under4epresenttd communltles In researth to understsnd b•rrièrs to •ngagement and partldpatSon. Thls wlll focus on golng to those local communltle5 and holdln8 Ils¢enln8 events. A stsblllslng grant towards core salary costs to provtde voluntsry and communlty sertor Infrastructure support.
Coullal FORV0WNTARYSERVI NORTh KEIIT NOTES TOTHE Ft14ANCIALSTATEMENTS 16 Analysts of Mt assets betweffi tsnds Cwrr•nt perfod: Total fun¢ts 2024 fvnds lunds TargSble fixed assets Net current assets 442 S6,742 27.656 29.086 28,098 29.086 57.184 Pthrmrfod: Total ftsnds 20Z3 funds 2023 2023 Tanglble red assets Net current assets 663 22.574 663 86.111 63.537 23,237 63.537 86,774 The 8oard of Trustees are ¢onsldered to be the ¢harlty's kty management personnel. In the prior year. key management personnel a150 Included the CEO. however, thls posltlon wasvacant durlng the year. rah Maybourne, Me ot the truste4 has been en8a8ed on a selfmployed basi5 urKler a servlce level a8reement to provlde SeIce5 In relatlon to Grave5ham development slnce 2020121. The total fees pald In the Year to 31 March 2024 were £22.215 12023: £16,915>. Trustees were re1Mbur expenses of £NII12023: £NIII and key mana8ement were relmbur5ed £NII12023: £NS51. The empl¢)yee benefits linduding emp14)yer's penslon ¢ontributlons and Natlonal Insurance) relatlng to key management personnel durSng the year was £NII12023= £16.1551. 21