2024-03-31-accounts

J• ,44.5, ¢/*"- ' Je,ei?.¥,I I nnual 2024 Report y * 4. 1" V 4 Ine voiunieei Chesterfield & NE Derbyshire

The Volunteer Centre Presented with The Kings Awards For Voluntary Service

BOARD OF DIRECTORS

Chair Cllr Kate Sarvent Treasurer Stevie Bratt

Cllr Diana Ruff

Liz Marsden BEM

Eric Gilson

Paul Grinbergs (resigned March 2024) Cllr Nigel Barker Georgina Kasism Lynn Tory

STAFF

Dave RADFORD: C.E.O.

Janet MILLINGTON: Elderfriends Project Coordinator Steve CHAMBERS: Home from Hospital Coordinator Liz SMITH: Home from Hospital Project Coordinator Sarah FOWKES: Business and Administration

Bankers

Virgin Bank PayRoll

Barber Harrison & Platt

Auditors

John King Clay Cross Accounting

CHAIRS REPORT

Another year has gone, and without doubt the highlight was receiving the King's Award.

As Dave likes to say, this is the MBE for the voluntary sector so it was a huge honour for the Volunteer Centre to be presented with this prestigious award.

We received a certificate and a crystal trophy from the Deputy Lord Lieutenant at a ceremony at the Town Hall earlier in the year, and I want to say a huge thanks to all the staff and volunteers who made this possible. Without you this would never have happened.

Also, thanks to Dave and the staff for another successful Awards night. It is really humbling to see all the work undertaken in the voluntary sector across the district, and we really look forward to shining a light on this work and the great folk who undertake it.

Funding continues to be uncertain with lots of organisations bidding for the ever-shrinking money available. We can only hope that eventually the Government and Councils will realise that investing in the voluntary sector reaps huge benefits for the money invested in it. The sector undoubtedly punches above its weight in the value for money stakes.

As ever, we could benefit from more volunteers and Board Members. Volunteering has so many positive outcomes but unfortunately our waiting lists continue to grow as our volunteer numbers decrease.

So, my final plea would be to all those of you who may be considering giving it a go, please do. I guarantee you will not regret it and will be joining a community of largely unsung heroes.

Unsung they may be, but heroes they certainly are to the service users who rely on them.

Best wishes

Cllr Kate Sarvent

MANAGERS REPORT

The most important thing that has happened to The Volunteer Centre over the last year – and indeed one might argue – EVER happened in our history! Has been our successful nomination and presentation of The Kings Award for Voluntary Service. This isn’t just another award, this is ‘The Award’, the most prestigious award that any organisation can have bestowed upon them. We were told about this last October and then had to sit on the news for over a month! (That was very difficult). Then is February this year we finally got our hands on the Award which was presented to us at The Town Hall in Chesterfield. The Award is recognised as the MBE for Voluntary Groups and along with the crystal glass trophy came a signed certificate by his Majesty the King. What you might describe as pretty cool.

Dave and the team looking pleased at finally getting our hands on the trophy.

You might never see me in a suit again so make the most of it!

All our projects are progressing well and we were delighted to hear that the ‘Home From Hospital’ project had successfully bid for the new tender. Funded by Derbyshire County Council the project was up for renewal after 5 excellent years. However, after thoughts about streamlining the service and looking at better service models, South Derbyshire CVS who tender for the service had cut it down to just three delivery partners in the county. Thankfully we were one of those partners and now cover Chesterfield North East Derbyshire and Bolsover. While that is excellent news we are still shrouded in mystery when it comes to the funding of our core services. Funding has been assured till March 2025 but with the councils struggling financially it could be a whole different report next year. Hopefully things will change before then. Likewise, Elderfriends might also be hit by cuts which would be a terrific shame as this project is some peoples only link with any social networks at all. It worries me that all vital services like volunteering and befriending are falling by the wayside. It will cost far more to replace them than it will to keep them running. This year we decided to expand our team a little and took on an apprentice, Sarah, who has been with us for nearly a year now learning the ropes. So, it’s a mixture of good and bad news this year – but then that always seems to be the case.

MANAGER’S REPORT (cont.)

That Chicago Experience

Back in 2020 we linked up with a Volunteer Centre in Chicago in the USA. They have been tremendous fun to work with and, as I write this I’m currently planning my third trip out to see them.

My last two visits have been simply awesome (as someone from that neck of the woods might say) and I have nothing to suggest that this years will be any different.

One of the really lovely things that did happen on my last

visit, which was completely random and completely unexpected, was one night I was sitting in a bar and had just ordered a pint and a hot beef sandwich. Nothing too out of the ordinary I must admit, but when the waiter came over to me and explained that the, and I quote, “Attractive young lady in the green dress on the next table has just paid for your food.” Well you could have knocked me over with a feather. I couldn’t help but wonder why and even when I asked her she was rather vague in her answer – “Oh you remind me of someone,” she said.

The following day I met up with my friends in the city and they told me it happens occasionally and they call it ‘Paying it forward’ – just a random act of kindness to a stranger. It saddened me a bit to think that it might not catch on over here but I suppose we all do it differently.

I think what was wonderful was that with all the horrible things that were happening in the world at the time, someone was taking time out to be friendly and positive to someone on the next table. I wish I’d asked her name!

After 30 years service Barbara Tubekis (2[nd] from left) is retiring as CEO of the Volunteer Center in North East Metro Chicago. Despite this I’m sure we’ll stay in touch and I’m sure she’ll remain a great friend. What a wonderful adventure the last few years have been. I’m sure she deserves a nice long rest after all the work she has done.

Dave Radford CEO

TREASURERS REPORT

INTRODUCTION

As we reach the end of another financial year 2023/24, I am pleased to present a short financial review, covering the year from 1 April 2023 to 31 March 2024. This has been a further very challenging year, with external factors affecting people and organisations across the United Kingdom and the rest of the world.

These factors include:

• Inflation at a record 40-year high, affecting the cost of undertaking our work

• The continuing high cost of living, making it hard for us to secure donations while, at the same time, increasing the demand on our services

• The risk surrounding our core sources of funding as our supporter organisations feel the pressure of budgets cuts by central government.

FINANCIAL OVERVIEW

We started the year budgeting for an operational deficit of £30k. Additional income to support one of our projects, together with an underspend on costs, resulted in an actual deficit for the year, of just £2k: a great result in a turbulent financial environment. Below are some of the key points from the accounts.

INCOME

Income decreased by £30k to £133k (2023: £163k). Infrastructure funding was down £16k and sponsorship income reduced due to a one-off sponsored event in 2022/23, which had boosted our income in the previous year.

EXPENDITURE

Despite the inflationary and general cost of living pressures, expenditure increased by just £3k to £135k (2023: £132k). Staff costs increased by £8k as we welcomed a new member to the team, meanwhile volunteer and admin costs reduced.

BALANCE SHEET

The balance sheet remains relatively unchanged, with overall funds reducing by £2k due to the small deficit for the year.

FUNDS (RESERVES)

Within the total funds of £359k are unrestricted funds totalling £226k. Of the total reserves, £91k is designated by the trustees for specific purposes, with the remaining £135k categorised as free reserves, meaning they can be utilised in any way that supports the Centre’s aims and objectives.

The £135k represents 12 months’ worth of operating costs, surpassing the trustees’ recommended minimum of three months. While the level of reserves is higher than the recommended minimum, it is not excessive for a charity of the size of the Volunteer Centre in the current climate. It is the trustees’ intention to review the V 4AThe Volunteer optimal level of free reserves in the forthcoming year.

Treasurers Report Continued.

SUMMARY

In very challenging circumstances, 2023/24 has proved to be another successful year for the Volunteer Centre. We have delivered our usual level of high service within an almost break even position. Our prudent financial management has ensured that we are in an excellent financial health and, for the immediate future, are in a position to continue supporting the people of Chesterfield and North East Derbyshire.

OUTLOOK

As I write this summary, we have received the news that our discretionary grant funding is under threat. At a Cabinet meeting on 14 November 2024, Derbyshire County Council is to discuss the outcome of its recent consultation process relating to the potential cessation of discretionary grants.

The potential impact of the pending decision could see a reduction in our income for 2025/26 of c£40k, around 30% of our income. While this clearly would have serious consequences for the Volunteer Centre, prudent financial management over the years, coupled with a strategy to carry reserves in excess of the recommended minimum, means that the Volunteer Centre will have time and funds to consider alternative strategies for raising funds if necessary. We are not going anywhere. ©

A small spoiler: we are ahead of the budget at the time of writing and are currently forecasting a break even position for the year ended 31 March 2025.If you want to know how it all turned out, you’ll have to attend next year’s meeting. Once again, watch this space.

ACKNOWEDEMENTS

Finally, I would like to extend sincere thanks to my fellow trustees, the diligent management and staff and our amazing volunteers, who have contributed their time and effort over the past year. Your support means we can keep on keeping on; we couldn’t do it without you.

I would be delighted to serve as Treasurer for a further term if elected by the members.

Stevie Bratt, FCCA The Volunteer Centre Chesterfield & NE Derbyshire

Treasurer

HOME FROM HOSPITAL

The Home from Hospital Service aims to help people after discharge from hospital. We do this by providing numerous practical tasks, this could include shopping, prescription pick up, safe and well checks etc.

Throughout the five years of the project we have, year on year, continued to hit all our targets. This was the final year of the Home from Hospital contract. To the right is a graph showing the number of referrals over the last five years of the project obviously there were less in the pandemic.

One of the main reasons for preventing discharge for patients has been the unavailability of key safes. With that in mind the project purchased several key safes which we have fitted and have enabled clients to be discharged home to recover. Steve is the go to guy for key safes and is always occupied fitting them and fetching them after the 6 weeks and servicing them, he gets out his GT85, which I am reliably told is better than WD40!

This year we also took on the Bolsover area, this gives us added responsibilities and a much larger area to cover. Of the three areas we look after, Chesterfield is by far the busiest area. As can be seen 57% of referrals come from Chesterfield.

The future of the project looks bright, The Volunteer Centre has been included in the new system setup which includes just three Volunteer Centres in the county and funding has been awarded for the next three years. We will be expecting more community referrals so it will be interesting to see what happens to the figures. We have 16 volunteers on this project who are invaluable and we would like to thank them for taking on people who are at a vulnerable stage in their life.

Liz Smith Project co-ordinator

ELDERFRIENDS

This has been a really difficult year for the befriending project. The numbers of people being referred in to the project has risen alarmingly and yet sadly the numbers of volunteers wanting to be befrienders hasn’t kept up with that. This is hardly surprising, the numbers of volunteers looking at volunteering has dropped nationally – probably a result of the pandemic. We are doing our best to recruit volunteers but however many we get it never seems to be enough.

The other major problem we have is the one concerning funding. The project has been running on 50% funding for some years now. We have pulled monies from our own reserves to make sure it continues to operate, but we can only do this for so long. We have also been told that with Adult Care making cuts – along with everyone else it seems – the chances are we could lose all -_ f | ' od \ 5 rs the funding by March 2025. This would be a a4 “ | <= — as massive blow, not just to our services but to all the lonely and socially isolated people across the county.

Because of the above, we have joined up with South Derbyshire CVS to create a Cooperative which would give us a better chance to bid for tenders to support the provision of this kind of work.

I do wish I could write one of these reports without wittering on about funding, but it seems no matter what happens it is always at the forefront of anything we talk about. I know that people will say that we are still here and so perhaps we shouldn’t worry too much, but one day we might not be.

Janet Millington

Elderfriends Project Coordinator

SAFE AND SOUND

The Safe & Sound Project has always been a bit of a favourite here at The Volunteer Centre, mainly, I think, because it is so flexible in its approach. It allows volunteers to give time when it suits them and enables us to have a pool of volunteers that might not otherwise get to give something back to their communities. Volunteering is meant to be fun – and we see this as a fun type of project.

Despite this it has been really difficult to maintain funding for it. In the early days the Pe» i ja a “4 » . - : i. project won The Aviva Award and then ‘ITV’s ‘People’s Project’ award – both for most innovative project. You’d think, with those kind of accolades behind you that maintaining a funding would be a doddle – but not so! Actually, we currently don’t have any funding at all for the project and are currently awaiting the results of two funding bids placed at the tail end of the last financial year.

However, the project continues, despite the paucity of funds we are still accepting referrals and still recruiting volunteers. Lets hope the coming year brings a bit more financial stability to the project.

Dave Radford

CEO

STATISTICS FOR 2023

Over the last year, the majority of contacts from volunteers came via email. Most of these will have come through our online recruiting website Volife. The number of visits have increased largely due to the increase in outreach.

As usual, unemployed volunteers made up the bulk of the people requesting information. The rest were fairly evenly spread.

Volife and outreach visits were the biggest draw to Volunteer Centre services. Publicity was also strong as was Already Knew.

The split between Male and Female volunteers remains around 10%. This has not changed dramatically over many years but is in keeping with the national average.

Organisations wanting information and support from The Volunteer Centre were by far the biggest to criteria.

Agencies and individuals made up over 80% of the contacts to The Volunteer Centre with volunteers just under 20%. While the number of volunteers is a concern it should be noted that there is a nationally decline in the number of volunteers since the pandemic.

The Voluntary Sector Awards 2023

The Voluntary Sector Awards in 2023 were a real rockin' affair in more ways than one as this years theme was 'Mods & Rockers'. It sounded like a great idea but then I had to explain to Sarah in the office what they were, and suddenly I felt very old indeed.

Partnership Awards Winners DVA and Joined up Careers Project .

Lisa Williamson wins Manager of the year award, presented by Clay Cross Accounting.

Emma Costello wins Employee of the year award, presented by Cllr Jayne Barry.

It is always great to see old and new faces at the Awards, and we love to see that everyone is still embracing the concept. It goes without saying that we owe our sponsors so much as this wouldn't take place if it were not for them - so a huge thank you from us all.

The audience find the Program a riveting good read.

Dave Radford desperately trying to sell Programs.

Ellie Scott winning Volunteer of the year award, presented by the Mayor.

The Volunteer Centre Chesterfield & NE Derbyshire AGM Friday 22nd November 2024 Tel: [phone] Email: [e-mail]

Oraft Financial Statements at 08 October 2024 at 14:41:00 Charity registration number 1107942 Company reglstratlon numbor 05329651 (England and Wales) THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Draft Financial Ststements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE<HESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustoos S J Bratt (Treasurer) E M Marsden Cllr K Sarvent ( Chair) Cllr D Ruff E Gilson L Tory G Kassim (Appolnted 22 September 2023) (Appointed 22 September 2023) K Falconer secretary Mr D A Radford Charlty number 1107942 Company number 05329651 Registored ¢)fflrA 38 Knifesmithgate Chesierfield D8rbyshlre S40 1RQ Indop•nd•nt •xamln•r John Henry Frands Klng FCCA John H. F. King Chartered Certlfled Account8nts 119 High Street Clay Cross ChesterfEeld Oerbyshirg S45 9DZ

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) CONTENTS Pago Trust8es' report Indep8nd8nt examinerfs report ststement of financial acttvitles Balance she8t Notes to the financial statements 9-18

Draft Flnancial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE<HESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th8 trustees who ar8 also dir8Ctors of the charity for the purposes of the Companies Act 2006 present their annual report and financial slatements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicab16 to charitiès preparing their accounts in accordance with th8 Financial Reporting Stsndard applicable in th6 UK and Republic of Ireland (FRS 1021" {effective 1 January 2019). Objectives and actlvltlès The charity's principal activities and aims are to promote, support and develop volunteering in Chesterfleld and North East Derbyshire. We aim lo make a positive Impact on the quallty of Ihe voluntsering experfence for indlvidual volunteer5 and organisations that work with them. As a Volunteer Centre in Derbyshire, we all support our communltles by: Promote volunteer opportunities and Introduce tho8e offerlng to volunteer to local organisations (Brokerage). We can help local organisations promote volunteer opportunities. We recruit volunteers online and through a tailored volunteer matching service for Derbyshire opportunities. Development of volunteer opportunities We work with people, local groups and organlsations to Improv8 the quantity, quality and diverslty of volunteering locally. Voice of volunteoring We shoul about th8 mutual benefits of volunteering. share people's volunteering experiences and raise awareness of the impact (at local and county partnèrshlps and in m8dla). Strategic development of volunteering We engage with local networks, partnerships and decision makers to 8nsur8 that volunteerlng and voluntary action can flourish. Share good practlce and improvement We work together as organisalions to ensure that volunleels experiences are valuable and safe. We are members of Derbyshire Volunteer Centres Ne￿Ork,. 3D; NCVO and NAVCA. In setting oblectlves and plannlng for actlvitles, the Trustees have given due conslderation to general guldance published by the Charity Commission relating lo public ben8fil.

Draft Flnancial SLitements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Significant actiVFtles The Volunteer Centre-chesterffield and North East Derbyshiré run th8 following services in the community.. ELDERFRIENDS BEFRIENDING SERVICE Elderfriends is a face to face befriending project which provides a service to lonely and socially isolaled people. The volunteer service currently provides a service to over 120 individuals and has recruited around 100 volunteers. The pandemic has 8xacerbated the problem for this client group and we expect the number of r8f8rrals to dramatically increase. The Elderfriends project is solely funded by Adulty Care Derbyshire. SAFE & SOUND Safe & Sound has been funded by a variety of fvnders during its lif8 span and it remains a popular project with both clienls and s8Nice users alike. The project has continued lo run with no direct funder and has been run from the Centre's reserv8s. New funding has been acquir8d from the Big Lottery Fund for a further eighteen months. HOME FROM HOSPITAL Now Into Its slxth year the 'Home From Hosplt81' project was a tender secured by th8 Volunt88r Centre ne￿Ork which operates across Derbyshlre. The project provides a slx-week care and support package to individuals who have recently been discharged from h05pitsI. or lo prevent someone from being admitted lo hospital. Chesterfield is one of five Volunteer Centres across the country involved in this project and, because we cover ￿ local authority areas, we are by far the busiest. The project itself is funded by Derbyshire County Council. VOLUNTARY SECTOR AWARDS In 2013, The Volunteer Centre gave birth to the Voluntary Sector Awards. A celebratory evenlng looking to reward and recognise the fabulous work carried out by local volunteers and the organisations that work with them. The night has gone from slr8ngth to strength with an ever increasing number of categories. It's also a great chance for people from across the sector to get together and let their hair down and feel good about the terrific work they have done over the year. With Awards being sponsored by the privat8 sector it's also a good chance to shrmcase themselves to a different $8Ctlon of the community. CORE - INFRASTRUCTURE ACTIVITIES The main servlces offered by The Volunteer Centra aro to provlde a bespoke brokerage service to iTrJividuals looking to access a volunteering roll or from a Volunteer Involving Organisation (VIO) looking for advice or infomiation about the specifics surrounding volunteer recruitment and engagement. These are services w8 have alway5 provided but have never been adequately recompensed for. Following on from the removal of oui befriending funding it was decided that Chesterfield Volunteer Centre should fall in line with other Cenlres in the country and be awarded such funding. We were therefore delighted when the Clinical Commissioning Group announced they would fund Ihes6 activities in line with the rest of the County. On average the Volunteer Centre sees over 2,500 potenlial volunteers a year and has contact with organisalions on around 3,500 separate occasions. We are the busiest Centre in Derbyshire outside of Derby City- Achievements and performance Charitable activities During the year the charity continued to run services as outlined under Objectives and actlvltles above.

Draft Financlal Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnancial revlew Financial position Total income decreased in the year from £163,602 to £133,537. Expenditur8 increased in the year from £132.309 to £135.401 giving net expenditure of £1,86412023'. net income £31.293). The charity had funds carried forward al 31st March 2024 of £358,683 (2023.. £360,547) of whSch £132,245 (2023: £143,655) are reslrl¢ted funds and £226,43812023'. £216,892) are unrestricted funds. Prlnclpal fundlng sources Principal funding sourGes for the charlly for 2023124 were by way of grants from major funding sou rces and ongoing tenders from The Cllnical Commissioning Group, Derbyshire County Councll and The Lottery Comrnunity Fund. Golng Concern After making appropriate enquiri85, the Trustees have a reasonable expectation that the charity has adequat8 resources to continue in operational existence for the foreseeable future. For this reason. they continue to adopt the going concem basis In preparing the financial slat8menls. Further details regarding th8 adoption of thg going conc8m basis can be found In the accounting policies. R88erves pollcy The Board of Trustees has examined the charity's requlrements for reserves in light of the main risks of the organisation, including the risk of existing income slreams not continuing beyond their current antKipated date of cessation. It has established a policy whereby the unrestricted funds neither committed or restricted to achieving the charity's aims and objectives, nor set aside for other specific purposes, should amount to no less than three months of the lotal wnning costs of the Centre, approx. £33,000. At 31st March 2024 free reserves amounted lo £135,438 {2023'. £125,892). which is after d8signating funds of £91.000 (2023.. £91,000), and is above the required level. However, maintaining and where possible, improving th8 level of reserves is increasingly important given the unc8rtainty that exists in the volunteering sector, coupled with the worsening in r8cent times of general econornic conditions. The trustaes are therefore satisfied that th8 lev81 of reserves held is appropriate. Structure, governance and managament Governing document The charity is controlled by It8 governing document, a deed of trust, and constitutes a limited company, Ilmlted by guarantee. as defined by the CompaniesAct 2006. Charlty constltutlon The Volunteer Centre-Ch8st8theld and North East Derbyshire is registered as a charitable company limited by guarantee and was set up by a Memorandum of Associallon dated 11th January 2005 and Is a regislered charlty number 1107942. The trustees, who are also the directors for Ihe purpos8 of company law, and who served during the year and up to the date of Signatu￿ of the financial statements wer8: S J Bratt (Treasurer) C Harper E M Marsden S E Rogers Cllr K Sarvent { Chairl Cllr D Ruff E Gilson LTory P G Grinbergs G Kassim K Falconer (Resigned 12 May 20231 (R85ign8d 8 January 20241 (Appointed 12 May 2023 and resigned 22 April 2024) (Appointed 22 September 20231 (Appointed 22 September 20231

Draft Financial SL*ements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Rgcruftment and appolntment of new trustees The charity has a board of up to fifteen I but never less than six) trustees elected by and from the membership. The trustees of the company are also directors for the Purpose of company law. Under the requirements of the Memorandum and Artlcles of Association the board of trustees are elected at each Annual General Meeting to serve for one year only. At the end of this period they can sland down or stand for re-election at Ihe following Annual General Meeting. The board of trust8es may at any time fill casual vacancies on the board by c(Foption, provided that such co-opted persons are also members of the company., provided also that they do not number more than one third of the total number of the members of the board, and their appointment comes to an end at the next annual general meeting following their co-oplion. Due lo the nature of The Volunt8er Cantre's work, the board will s8ek to ensure that the various needs of the client group are appropriately reflected through the diversity of th8 trustee body. To enhance the Potential pool of trustees. the charity will, through selective advertising, seek to identify new board membÈrs to wld8n and strengthen th8 8XlSting skills mix. Organlsatlonal structure and de¢lslon maklng pollcles The Volunteer Centre has a board of Iruslees of up to fifteen people who meet every slx weeks and are responsible for the strategic direction and policy of the charity. The board consists of 8 number of people from a varlety of professional backgrounds relevant lo the work of the charity. The secretary also sils on the board bul has no voting right5. The board is responsib18 for ensurlng that the charity delivers th8 services specified. The manag8r has responsibility for the day-104ay operational management of the C8ntre. individual supervision of the staff team and also ensures the team continue lo develop their skills and working practices in line wlth good practice. Inducllon and tralning of new trustaes All trustees will be encouraged lo attend training which will benefit themselves as trustees. They will also undergo a short induction into the work of the Cenlre. Related Partles The charity is gulded by local and nallonal policy. Al a natlonal level, Th6 Volunteer Cgnlrfr Chesterfield and North East Derbyshire, is a member of NCVOI Volunteering England. As a local infrastructure organisalion the charity Is an activé member of the Derbyshire Volunteer Centres network and feeds Into all the local infrastructure provision. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Plans lor future periods The charity plans to continue the acllvilies outlined in the forthcoming years subject to salisfactory funding arrangements. We will also continue to represent the voluntary sector on various plafforms and sUPPOrt organisalions and volunteers lo the best of our abllity. Supplier payment pollcy The charity's current policy conceming the payment of trade creditors is to follow the CBI'S Prompt Payers Code (copies are available from the CBI. Centre Point, 103 New Oxford Street. London WC1A 1 DUI. The charity's current policy concerning the payment of trade cr6dilors is to make payment when a valid invoice has been receivèd. There were no trade creditors at the year end.

Draft Ftnanclal Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statement of trustees, responslbllltles The trustèés, who are also the directors of The Volunt68r C6ntr&Chèsterfièld and North East Derbyshir8 for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accept8d Accounting Practice). Company Law requlres the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the Income and expendilure, of the charitable company for that year. In prepadng these financia5 slat8mènts, the trustees are required to: Select suilabl8 accountlng poli¢Ses and then apply them consistently; obs8rv8 the methods and principles in the Charitles SORP., make judgements and estimates that are reasonable and prudent- and prepare the financial statements on th6 going concem basis unless It Is Inappropriate to presuTre that the charity will continue in operation. The trustees are responsib5e for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable ihem to ensure that the financial stalernents comply with the Companies Act 2006. They are also responsible for safeguardlng the assets of the charlty and hence for taking reasonable steps for Ihe prevention and detection of fraud and other I￿agularItIes. The trustees, report was approved by the Board of Trustees. .M.S(ILL 11 K Sarvent ( Chair) Trustee Dale.. ...,.

Draft Financial Statements at 08 Octobèr 2024 at 14:41:00 THE VOLUNTEER CENTRE<HESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE I report to the trust88s on my axamination of the financial ststements of The Volunteer Centre-chesterfiald and North East Derbyshire {the charity) for Ihe year ended 31 March 2024. Responsibllltles and basls of report As the trustees of the charity (and also its directors for thé purposes of company law) you are responsible for the preparation of Ihe financial statements in accordance wilh th8 requirements of the Companies Act 20¢A (the 2006 Act). Having satisfied myself that th8 financlal statements of the charity ar8 not required to be audited under Part 16 of the 2006 Act and are eligible for independ8nt examination, I report in respect of my examination of the charity's financial statements carried out under sectson 145 of the Chari1185 Act 2011 Ilhe 2011 Act). In carrying out my 8xaminalion I have followed all the applicable Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act. Independant èxamlnor's sLthment I have completed my examination. I confirm Ihat no matters have comé to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or the financial slalemenls do not accord with those record5,' or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent axamination- or the financial statements have not been prepared in accordance with th8 methods and principles of the Statement of Recomffl8nded Practic8 for accounting and reporting by charities applicab18 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aTrJ Republic of Ireland IFRS 102). I have no concems and have come across no oth8r matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. John Henry Francls Klng FCCA John H. F. King Chartered Certified Accountants 119 High Street Chesterfield Derbyshire S45 90Z Dated: ....-....................

Draft Financial Statements at 08 Octobor 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE (A COMPANY UMITED BY GUARANTEE) 8ALANCE SHEET ASAT31 MARCH 2024 2024 2023 Flxed assets Tangible assets 12 607 1.215 Currortt U88ts Debtors Cash at bank In hand 13 2,197 367.243 2.178 369.046 369.440 Crodltors: amourts falllng du¢ wlthln on• y•ar 377.224 14 (11,3e41 (11.892) Not ¢urr•nt as$•ts 358.076 359.332 Total a$30ts lass ¢urr•nt Ilablllll•3 358,683 360.547 Net asBets excludtng pen81on liablllty 358,883 360.547 Tho fvnds of the ¢hartty Restrtcted Inc0Th￿ frJnd8 Unr051TiCted fijnd 16 132,7.45 226.438 143.655 216.892 358,683 360.547 The company 18 entlued to the exemptton from tha audit requirement contalned In section 4T1 of Iho Crjnpanles Act 2006. for the year ended 31 March 2024. The directors a¢knowl6dgè thglr r•sponsibiliti8s for cornplylng wlth Ihe requlrements of the Companles Act 2CM]6 with fespect to aC￿untIng records and the p￿paratIon of financlal statements. The rnembers have not ￿qUIred lh8 C#Ynpany to obtain an audlt of Its Ilnawal statements for the year In question in accordance with sectton 476. Theso financial ststements have been prepared in accordance th the provislons appllcable b ￿MpanIeS sub￿1 to the small 1￿MpanIeS regime. The ftnancl815tstemenls were approved by the trustees on ..2£- 1!- S J Bratt (Tteasur8r) Trustee Satveni ( Chair} Trusteé Company registration number 05329651 {Engiand and Wales)

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible asséts 12 607 1,215 Current assets Debtors Cash at bank and in hand 13 2,197 367,243 2,178 369.046 369.440 371,224 Credltors: amountg falllng duo wlthln ono year 14 111,3641 111,892} Net currnnt assets 358,076 359.332 Totsl assets less current Ilabllltles 358,683 360,547 Net assets excluding pension liabillty 358,683 360,547 The fund8 of the charlty Reslricled income funds Unrestricted funds 16 132,245 226,438 143,655 216,892 358,683 360.547 The company is entitled to the exemption from the audit requirement contained In sectlon 477 of the Companles Act 2006. for the year ended 31 March 2024. The directors acknowledge their responsibilities for wmplying with the requirements of the Companies Act 2006 with respect to a¢¢ounting rè¢ord$ and th8 preparation of financial statements. The members have not required the company to obtain an audlt of Its financial statements for the year in questlon in a¢¢ordance with section 476. These financial statements have been prepared in accordance with th8 provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on . 2£- 11- S J Bratt {Treasurer) Trustee Cllr SaNenl ( Chairl Trustee Company registration number 05329651 (England and Wales)

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE¢HESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles Charity informatlon The Voluntegr Céntre-chesterfield and North East Derbyshire is a private company limited by guarantee incorporaled in England and Wales. The registered office is 38 Knifesmithgate, Chesterfield, Derbyshire, S40 1RQ. 1.1 Accountlng convention The financial staternents have been prepared In a¢¢ordanc8 with the charity's Igoverning document], th8 Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102,1 and the Charities SORP 'Accounting and Reporting by Charitles-. Stalemant ol Recommended Practice applicable to charities preparing their accounts in accordance With the Financlal Rgporting Standard applicable in the UK and Republlc of Ireland (FRS 1021" (8ff8Ctive 1 January 2019). The charity is a Publlc Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepar8 a Stat￿n@￿t of Cash Flows. The financlal statements are prepared in sleding, which Is the function81 currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared und8r the historical cost conv8ntion, Imodified to Include the revaluation Df freehold propert18s and lo include investment prop8rties and certain financial instrum8nts at fair valua]. The principal accounting policies adopted are set out below. 1.2 Golng concern At the lime of approving the financial statements, the trustees hav8 a reasonable expectallon that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trLStees continue to adopt the going concern basis of accounting in preparing th8 financial statements. 1.3 Charltable funds Unrestrlcted funds are available for use at the dlscrelion of the trustees In furtherance of their charitab18 objectlves. Restricted funds are subject to speclfic conditions by donors or grantors a5 to how they may be used. The purposes and uses of the restricled funds are set out in th8 notes to the financial stat8menls. Endowment funds ar8 subject lo specific Conditions by donors that the capltal must be maintsined by the charity. 1.4 Income Income is recognised when the charity is legally entiued to it after any performance conditions have been met, the amounts can be rneasured r81iably, and it is probable that income will be received. Cash donatlDns ar8 rgcognised on receipt. Other donations are recognised once th8 charity has been notified of the donation, unless performance conditions require deferral of the amount. Incorne tax recoverable in lation lo donations received under Gift Aid or deeds of covenant is recognised al the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notif18d of an impending distribution, the amount is known, and receipt is expected. If the amount 15 not known, the legacy is treated as contingent asset.

Draft Financial Ststements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollciès (Contlnuéd) 1.5 Expenditura Expenditure is recognised once ther8 is a legal or constructive obligation to transfer economic benefit to third party, il is probable th8t a transfer of economic benefits will be required in settlemenl, and the amount of the obligation can be measur8d reliably. Expendituré is classified by activity. The costs of each 8Qtivity are made up of the total of d￿r￿t costs and shared costs, including support Costs involved in undertaking each aclivSty- Direct Gosts attributa￿8 to a sin9le activity are allocated dir8clly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single adivily are apportioned be￿een those activities on a basis onsistent with the use of resources. Central staff costs are allocated on the basis of time spent. and deprécialion charges are allocated on the portion of the asset's use. 1.6 Tanglblg fixed a8sets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their usefvjl lives on the following bases: Plant and equipment 4 years straight line The gain or loss arlsing on the disposal of an asset is determined as the difference belween the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalnnent of flxed as80ts At each reporting end dat8, the charity reviews the carrylng amounts of its tangible assets to determlne whether there is any indication that those assets have suffered an impairment loss. If any such ind￿allOn exists, the recoverable amount of the asset is ests'mated in order to determine the extent of the impairment loss lif any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash In hand. deposits held at call with banks, other short-tem Ilquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown wlthln borrowings in currenl Ilabllltl8S. Basic Ilnanclal assets Basi¢ financial assets, which Include debtors and cash and bank balances, are initially measured at Iransaction price including transaction costs and are subsequently carried at amortised cost usin9 the effective interest method unle55 the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the fvture receipts discounted al a market rate of interest. Financial assets classified as receivable within one year are not amortised. 10

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE¢HESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Contlnuad) Basic flnanclal Ilabilitles Basic financial liabilities. including creditors and bank loans are initially recognised at transaction pric8 unless Ihe arrangement conslitules a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at 8 market rate of interest. Financial liabilities classified as payable wilhln one year are not amortised. Debt instruments are subsequenuy carri8d at amortls8d cost, uslng tFI8 eff8Ctlve Int8rest rate method. Trade cr8dStors are obllgatlons to pay for goods or servSces that have been a¢qulred In the ordlnary course of operations from suppliers. Amounts payabl8 are classifi8d as current liabilitl8s if payment Is due within one year or less. If not. they are presented as nonwcurrent liabilities. Trade creditors are recognised initially at Iransaction price and subsequently measured at amortised cost Using the effective interest m8thod. Derecognition of bvnancial liabilities Financial liabllltles are derecognised when the charlty's contractual obligations expire or are discharged or cancelled. 1.9 Taxation The charity is exempt from corporation tax on its charitable aclivities. 1.10 Employee benefits The cost of any unused holiday entitlement is r8cognised in the period in which the employee's services are received. Termination benefits 8re recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provlde temiinalion benefits. 1.11 R•tlr•m•nt bonafits Payments to defined contribution retirement b8n8fil schemes are charged as an expense as they fall due. 1.12 Donatod Services General Volunleefs The contribution of general volunteers ¢8nnot be measured reliably and the￿f0￿ is not Included as Income within the charity accounts. The work of general volunteers Is how8V8r fundamèntal for the continuarLe by the harity of ils charitable activities. Critical accountlng estlmates and Judgements In the application of the Gharity's accounting policies, the trustees are required to make judgements. estlmates and a55umpiions about the carrying amount of assets and liabilitie5 that are not readily apparent from other sources. The estimates and a5sociat8d assumptions aro based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting gstimates are recognised in ihe period in which the estimate is revised where the revision affects ￿lY Ihat period, or in Ihe period of the revision and fulure periods where the revision affects both current and future periods. 11

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donations and legacies Unrestricted Restricled funds funds Tolal Unrestrlcted Restricted funds funds Total 2024 2024 2024 2023 2023 2023 Donations and gifts Grants 7,932 90 115,614 8,022 115,614 28,094 10 134,602 28,104 134.602 7,932 115,704 123,636 28,094 134,612 162,706 Grants recelvablg for core acllvltles Elderfriends Clinical Commissioning Group Home From Hospital Infrastructure DCC NEDDC V C Awards Other 17,036 17,036 17,036 17,036 22,945 44,762 23,471 5,000 2,400 22.945 ,762 23,471 5.000 2,400 22,942 39,249 48,167 5,000 1,050 1,158 22,942 39.249 48,167 5,000 1,050 1,158 115,614 115,614 134,602 134,602 Charitable actlvltles 2024 2023 Sale of goods 615 494 Income from Investments Unrestricted Unrestrlcted funds funds 2024 2023 Interesl receivable 9.286 402 12-

Draft Financlal Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on ralsing funds Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Fundraising and publicity Adv8rtlsing 26 262 288 309 309 Charltablo actlvltles Diroct costs Dlrect costs 2024 2023 Staff costs Depreciation and impairment Premises costs Insurance Light and h8at Professional fees Tel8phone postage and stationery Staff I volunteer expenses Bank charges Office equipment Publications and subscriptions 99,219 608 15,223 1,536 1,462 5,563 3,050 5,446 164 703 309 91,699 608 16,003 1.113 1.579 4.316 3,576 10,047 243 545 441 133,283 130,170 Share of governance costs15ee note ) 1,830 1,830 135,113 132,000 Analys18 by fund Unrestricted funds Restricted funds 6,300 128,813 4,995 127.005 135,113 132,000 Govgrnance costs are Independent Examinels fees £1,830 {2023 £1,830) Net movement in funds 2024 2023 Th8 net movement in funds is stated after chargingl(crediting)'. Depreciation of owned tangible fixed assels 608 608 13-

Draft Financial Slatements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Trustees There were no trustees, remuneration, expenses or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. 10 Employees The averag8 monthly number of employees durtng the y88r was- 2024 Number 2023 Number Centre Manager Project Co-Ordin8tors Administration Assistant Apprentice Total Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 92.939 1,926 4,354 85,192 2,799 3,708 99,219 91,699 There were no employees whose annual remuneratSon was more than £60,000. 11 Taxation The charity is exempl from tax on Income and gains falling wlthin sectlon 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 lo the extent that these are applied to its charitable objects. 14-

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tangible fixed assets Plant and equlpm•nt Cost At 1 April 2023 2,431 At 31 March 2024 2,431 Depr8clatlon and Impairnient At 1 April 2023 Depreciation Charged in the year 1,216 608 At 31 March 2024 1,824 Carrylng amount Al 31 March 2024 607 At 31 March 2023 1,215 13 Debtors 2024 2023 Amount8 falllng due wlthln one year: Prepayments and a¢¢rued income 2,197 2.178 14 Credltors: amounts falllng due within one year 2024 2023 Accruals and deferred income 11,364 11,892 15 Retirement beneflt schemes 2024 2023 Deflnèd contrlbutlon schemes Charge to profit or loss in respect of defined contribution schemes 4,354 3.708 Th8 charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independenuy administered fund. 15-

Draft Financial Ststements at 08 0￿0b0r 2024 at 14:41:00 THE VOLUNTEER CENTRE<HESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Restricted funds The restricted funds of the charlty compris8 th8 unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2023 Incomlng Resources re8our¢e$ •xpended Transfers At 31 March 2024 15,096) (30) 126.0121 (22.9561 (40,0391 (5,0961 2,881 47.975 15.361 39,168 Lott8ry Communlty Fund Elderfriends Clinical Commissioning Group Homa From Hospital Inman Charity CBC Health & Wellbeing CBC Covid-19 DCC Covid-19 Infrastructure DCC NEDDC Volunteer Centre Awards MOD Other One Off Funds Volunteer Centre Development PLACE 2,911 56.951 15,372 34.445 2,806 387 46 279 20,803 1.736 515 4,252 1,168 17,036 22,945 44,762 12,806) (15} (46) 49 (372) {3281 (29,631) 14,924) (2,235) 23,471 5.000 3.075 14,643 1,812 1,355 (4,252) 30 1,198 12,948 2,548 10,400 (1,984) 1,984 143,655 116,319 1129,075) 1,346 132,245 Prevlous year: At 1 April 2022 Incomlng resource8 Resources expended Transfer4 At 31 Ma￿h 2023 Lottary Community Fund Eld8rfn'ends Clinical Commissioning Group Home From Hospital Inman Charity C8C Health & Wellbeing CBC Covid-19 DCC Govid-19 Infrastructure DCC NEDDC Various Old Funds PLACE Volunteer Centre Awards MOD Other One Off Funds 6,612 60,154 13.264 28.610 2,806 2.163 2,959 1,460 4,955 3.383 13,701) (20,239) 120,834) (33.414) 2.911 56,951 15.372 34.445 2,806 387 46 279 20,803 1,736 17,036 22.942 39,249 11,776) 12,913) (1,181) (32.319) {6,6471 (5001 11,078) 12.157) (555) 48.167 5,000 500 3,062 1,128 4,807 1.984 515 4,252 1,168 1,544 1,168 135,363 135,106 (127,314) 500 143.655 16-

Draft Flnancial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Unrestricted funds The unr8Stricted funds of the charity comprise the unexp8nd8d balanc8s of donations and grants which are not subject to SP6cific conditions by donors and grantors as lo how they may be used. These includ8 designated funds which have been $8t aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 Redundancy Running Costs Premises General fvnds 21.000 50,000 20,000 125,892 21,000 50,000 20,000 135.438 17.218 (6,3261 (1,348) 216,892 17,218 16,326) 11,346) 226,438 Prevlous year: At 1 Aprll 2022 Incoming r980urces ResoU￿e3 expended Transfers At 31 March 2023 Redundancy Running Costs Premises G8neral funds 21,000 50,000 20,000 102,891 21,000 50,000 20,000 125.892 28,496 14,995) (500} 193,891 28,496 (4.995) 1500) 216,892 18 Analysls of net assets b•tween fund$ Unrestrlcted funds 2024 Restricted fund3 2024 Tolal 2024 At 31 March 2024: Tangible assets Current assets1(liabilities) 607 225,831 607 358,076 132,245 226.438 132,245 358,683 17-

Draft Financial Statements at 08 October 2024 at 14:41:lJO THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Analysis of nat assèts betweèn funds (Contlnued) Unrestrlcted funds 2023 Restricted funds 2023 Total 2023 At 31 March 2023: Tangible as5et5 Cuffent as88tsllliabilltl8s> 1.215 215,677 1.215 359,332 143.655 216,892 143,655 360,547 19 Related party tran$a¢tlon• There were no di5closable related party transactions during the year {2023 - none). 18-

Draft Financial Statements at 08 October 2024 at 14:41:00 Charity registration numbèr 1107942 Company registratlon number 05329651 (England and Wales) THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Draft Flnancial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) LEGALAND ADMINISTRATIVE INFORMATION Trustees S J Bratt (Treasurer) E M Marsden Cllr K Sarvent { Chair} Cllr D Ruff E Gilson L Tory G Kassim (Appointed 22 September 2023) (Appointed 22 September 2023) K Falconer Socretary Mr D A Radford Charity nufflber 1107942 Company number 05329651 Registered offlc 38 Knifesmithgale Chasterfi8ld Derbyshire S40 1RQ Independent examln8r John Henry Francis King FCCA John H. F. King Chartered Certified Accountants 119 High Street Clay Cross Chesterfield Derbyshire S45 9DZ

Draft Flnancial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE£HESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) CONTENTS Pago Trustees, report Independent 8xamlne¢s report Statement of financial activities Bal8n¢e Sheet Notes to the flnancial statements 9-18

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charity for the purpose5 of the Companies Act 2006 present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the financial slat8mentS and comply with the Companies Act 2006 and 'Accounting and R8POrting by Charities: Statement of Recommended PractlC6 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). Objectlves and actlvltles The charity's principal activities and aims are to promote, support and develop volunteering in Chesterfield and Norlh East Derbyshire. We aim to make a positive impact on the qualily of Ihe volunteering experience for individual volunteers and organisations that work with them. As a Volunteer Centre In Derbyshire. we all support our communities by: Promote volunteer opportunltles and Introduce those offerlng to volunteer to local organisatlons (Brokerage). We can help local organisatlons promote volunteer opportunities. We recruit volunteers onllne and through a tailored volunteer matching service for Derbyshire opportunities. Development of volunteer opportunitles We work with people, local groups and organisations to Improv8 the quantity, quality and diverslty ot volunteering locally. Voice of voluntoering W8 shout about th8 mutual benefits of volunl88ring, share people's volunt88rlng 8xp8rièncès and rais8 awar8ness of the impact lat local and county partnerships and in m8dia). Strateglc developmont of volunteering We 8ngage with local nelmorks. partngrships and decislon makers to ensure that volunteering and voluntary action can flourish. Share good practlce and Improvement We work together as organisations to ensur8 that volunteer's experiences are valuable and safe. We are members of Derbyshire Volunteer Centres Ne￿ork. 3D,' NCVO and NAVCA. In setting objectives and planning for activities, the Truslees have glven due consideration to general guldance published by the Charity Commission relating to public benefit.

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Signlflcant activltlos The Volunteer Centr&Chesterfield and North East Derbyshire run the following services in the community.. ELDERFRIENDS BEFRIENDING SERVICE Elderfriends is a face to face befriending project which provides a Se￿iCe to lonely and socially isolated people. The volunteer s6Nice currently provides a service to over 120 individuals and has recruited around 100 volunteers. The pandemic has exacerbated the problem for this clianl group and we expect thé number of referrals lo dramatically increase. The Elderfriends project is solely funded by Adulty Care Dert)yshir8. SAFE & SOUND Safe & Sound has been funded by a variety of funders during its life span and il remains a popular project with both clients and service user5 alike. The prolecl h85 continued to run with no direct funder and has been run from the Centre's reserves. New funding has bean acquired from the Big Lottery Fund for a further eighteen months. HOME FROM HOSPITAL Now into its sixth year the 'Home From Hospital. project was a tender secured by the Volunteer Centre ne￿ork which operates across Derbyshire. The project provides a six-week care and support package lo individuals who have recenlly been discharged from hospital, or to prevent someone from being admitted to hospital. Chesterfield is one of five Volunteer Cenlres across the country involved in this project and, because we cover local authority areas, we are by far the busiest. The project itself is funded by Derbyshire County Council. VOLUNTARY SECTOR AWARDS In 2013, The Volunteer Centre gave birth to the Voluntary Sector Awards. A celebratory evening looking to reward and recognise the fabulous work carried out by local volunteers and the organisalions that work with them. The night has gone from strength to slrength with an ever increasing number of categories. It's also a great chance for people from across the séctor to get together and18t their hair down and feel good about the terrific work they have done over the year. With Awards being sponsored by the private sector it's also a good chance to shoNcase themselves to a different section of the community. CORE - INFRASTRUCTURE ACTIVITIES The main seNices offered by The Volunteer Centre are to provide a bespoke brok6rage $eNic8 to lTrJlviduals looking to access a volunteerfng roll or from a Volunteer InvolvSng Organlsatlon (VIOI looking for advice or infomation about the specifics surrounding volunteer recruitment and engagement. These are servlces we have always provided but have never bèen adequately re¢ornpensed for. Following on from Ihe removal of oui befriending funding il was decided that Chesterfield Volunteer Centre should fall in line with other Cenlres in the country and be awarded such funding. We were therefore delighted when the Clinical Commissioning Group announced they would fund these activities in line wrth the rest of the County. On average the Volunteer Centre sees over 2,500 potential volunteers a year and has contact with organisalions on around 3.500 separate occasions. We are the busiest Centre in Derbyshire outside of Derby City- Achlevements and performance Charitable actlvitlos During the year the charity continued to run services as outlined under Objectives and activities above.

Draft Flnancial Statements at 08 Octobèr 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial review Flnancial position Total income decreased in th6 y8ar from £163,602 to £133.537. Expenditure increased in th8 year from £132,309 to £135,401 giving net expenditure of £1,86412023'. net income £31.2931. The charity had funds carried foward at 31st March 2024 of £358,68312023.' £360,547) of which £132,245 (2023.. £143,655) are restricted funds and £226,43812023.' £216,892} are unrestricted funds. Prlnclpal fundlng sources Principal funding sources for the charity for 2023124 were by way of grants from major fLJnding sources and ongoing tenders from The Clinical Commissioning Group, Derbyshire County Council and The Lottery Cotnmunity Fund. Going concem After making appropriate enquiries, the Trustees have 8 reasonable expectslion that the charity has adequate resources to continue in operational 8XlSt8nce for the forese8able future. For this rea50ri, they continu8 to adopt the going concem basis in preparing the financial statements. Further details regarding the adoption of th8 going concem basis can be found In the accountlng pollc18S. Resarves pollcy The Board of Trustees has examined the charity's requirements for reserves in light of the main risks of the organisation, including the risk of existing income streams not continuing beyond their current anticipated date of cessation. It has established a policy whereby the unrestricted funds neither committed or restricted to achieving the charity's aims and objectives, nor set aside for other specific purposes, should amount to no less Ihan thr88 months of the total running costs of the Centr8, approx. £33,000. At 31st March 2024 fr88 reseNes amounted to £135,438 (2023- £125,892}, which is after designating funds of £91,000 12023.. £91,000}, and is above the required level. However, maintaining and where possible, improving the level of reseNes is increasingly important given the uncertainty that èxists in the volunteering sector, coupled with the worsening in recent limes of general 8conomic conditions. The trusteas are therefore satisfied that the level of reserves held is appropriate. Structure, governance and management Governing document The charity is controlled by its gov&rnlng document, a deed of trust, and constitutes a Ilmlted company, limited by guarantee, as defined by the Comp8nies Act 2006. Charity ¢onstltutlon The Volunteer Centre-chèsterfield and North East Derbyshire is registered as a ¢haritable company limlted by guarantee and was set up by a Memorandum of Associatlon dated 11th January 2005 and Is a regislered charlty number 1107942. The trustees, who are also the directors for the purpose of company law, and who seNed during theyear and up to th8 date of Signature of the finanGial statements we￿. S J Bratt (Treasur8rl C Harper E M Marsden S E Roger5 Cllr K Sarv8nt { Chairl Cllr D Ruff E Gilson L Tory P G Grinbergs G Kassim K Falconer (Resigned 12 May 2023) (Resigned 8 January 20241 (Appointed 12 May 2023 and r8sign8d 22 April 2024) (Appointed 22 September 20231 (Appointed 22 September 20231

Draft Flnancial Ststements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recruitment and appolntment of new trustses The charity has a board of up to fifteen I but never less than six) Iruslees elected by and from the membership. The trustees of the company are also directors for the purpose of company law. Under the requirements of the Memorandum and Artides of Associalion the board of trustees are elected at each Annual General Meeting to serve for one year only. At the en(1 of this period they can stand down or stand for r&election at the following Annual General Meeting. The board of trustees may at any time fill casual vacancies on the board by co￿Ption, provided that such co-opted persons are also members of th8 company; provided also that they do not number more than one third of the total number of the members of the board, and their appointment comes to an end atlhe next annual general meeting following their co-option. Due lo the natur8 of The Voluntéer Centre's work, the board will s8ek to ensure that the various needs of th8 dient group aré appropriately reflected through the diversity of the trustee body. To enhance the potential pool of tnjstees, the charity will. through selective advertising, seek to identify new board members to wlden and strengthen the 8XiSting skills mix. Organlsational structure and declslon maklng pollcle$ The Volunteer Centre has a board of trustees of up to fifteen people who meet every six weeks and arè responslble for the strategic direction and pollcy of the charity- The board consists of a number of people from a variety of professional backgrounds relevant to the work of the charity. The secretary also sits on the board but has no voting rights. The board is responsible for ensuring that the charity delivers the services specified. The manager has responsibility for the d8y-to-day operational management of the Centre, individual supervision of the staff team and also ensures the team continue to develop their skills and working practices in line with good practice. Inductlon and tralnlng of new trusloes All trustees will be encouraged to attend training which will benefit themselves as trustees. They will also undergo short Induction into the work of the C8ntre. Relatsd Partles The Gharity is guided by local and national policy. At a national lev81, The Volunte8r Centrfr Chesterfield and North East Derbyshire, is a member of NCVOI Volunteering England. As a local infrastructure organisation Ihe charity Is an active member of the Derbyshire Volunteer Centres ne￿Ork and feeds into all the local infrastructure provision. Rlsk management The Iruslees have a duty to identify and review the risk5 to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Plans for future periods The charity plans to continue the activities outlined in the forthcoming years subject to satisfactory funding arrangements. We will also conlinLse to represent the voluntary sector on various plafforms and support organisations and volunteers to the best of our ability. Supplier payment policy The charity's current policy con￿mIng the payment of trade creditors Is to follow the CBI'S Prompt Payers Code (copies are available from the CBI. Centre Point. 103 New Oxford Street, London WC1A 1 DU). The charity's curront policy ¢onceming the payment of trade creditors is to make payment when a valid invoice has been received. There were no trade creditors at the year end.

Draft Financial Slatements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE<HESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 statément of trustèos. responsibilities Th8 trustees, who are also the direclofs of The Volunteer C8nlr&Chesterfield and North East Derbyshire for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to preparo financial statements for each financlal year whSch glve a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the ¢haTllable company for that y8ar. In pr8paring thase financial statements, the truste8s are required to: select suitable accounllng pollcles and thèn apply them consistently., observe the methods and principles In the Charities SORP., make judgements and estlmates that are reasonable and prudent,. and prepare the financial statements on the going conc8m basis unless it is Inappropriat8 to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time th8 financial position of the charity and enab18 th8m to ensure that the financial stat8m8n Is comply with the Companies Act 2006. They ar8 also responsible for safaguarding the assets of the charity and hence for taking reasonable st8ps for the prevention and detection of fraud and other irregularities. The trustees, report wa5 approved by the Board of Trustees. .N.SCLLLII K Sarvent ( Chair) Trustee Date:

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE I report to the trustees on my examination of the financial statements of The Volunteer Cenlre-Ch8Sterfield and North East Derbyshire (the charity) for the year ènded 31 March 2024. Responslbllltles and basls of report As the trustees of the charity land also its directors for th8 purposes of company law) you are responsible for the preparatlon of the financial statements in accordance with the requirements of the Companies A¢t 20¢￿ (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are 8ligible for independent examination, I report in respect of my examination of th8 charity's finanGial slatem8nts camed out under Section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my 8xaminalion I have followed all the applicable Directions given by the Charity Commission under section 145(5)Ibl ol the 2011 Act. Independènt examlngr's ststement I have completed my examination. I confirm that no mattets have com8 to my attentlon in connection with the examination giving me cause to believe that in any material respecL' accounting records were not kept in respect of the charity as required by section 386 of ihe 2006 Act; or the financial statements do not accord with those records; or Ihe flnancial statements do not comply with the accounting requirement5 of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair vi8w which is nol a matter considered as part of an independent examination; or the financial statements have not b88n pr8par8d in accordance with the methods and principles of the Statefflent of Recommendad PractlC8 for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK aNJ Republic of Ireland (FRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn In this report in order to enable a proper understanding ot the financial statements to be reached. John Henry Francls Klng FCCA John H. F. Klng Chartered Certified A¢¢ountants 119 High Street Chesterfield Derbyshire S45 9DZ Dated: ..

Draft Financlal Statements at OE October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAf31 MARCH 2024 2024 2023 Fixed assets Tangible assets 12 607 1.215 Currer¥t Assets Debtor5 Cash at bank and hand 13 2,197 367,243 2,178 369,046 369.440 371,224 Crndltors: amourt8 falllng due wlthln one ygar 14 (11,3641 (11.892) N•t eurrént a$fj•ts 358.078 359.332 Total assets less curr•nt IlabllllJo8 358,683 360.547 Nat a58ets exdudlng p•nslon Ilablllty .358￿3 360.547 The funds of tho eharlty R8strtcted irrcorne fvnds Unrestricted ftJrKts 16 132,245 143.655 216.892 aS8.683 360.547 The company Is enlltled to the exemptlon from tho audit requiremant contslned In secuon 4TT of the Companles A 2006. for the year ended 31 March 2024. The dlractors acknowiodgé thelr rasponslbilitles for com￿y[n9 with ihe requirements of the Companles Act 2008 with r@spect to acc£unting records and the pr8paratSon of flnoncial 5tatem&nts. The rnember5 have not requlr8d tha oompany to obtain an audlt of tis financial ststsrnents for the year h quesknon In 8ccordance wlth section 476, Thesa financial 5tstemenls have b8en prepared in Accord8nra •Ath th8 pfovi8icvTS appliozb18 to cornpanltra subfr¢t to the small (xJmpanle$ regime. The financial ststements were apprDved by the trustees on ..2l- 11- S J Bratt (Treasur8r) Trusteé SaN8nt ( Chair} Tri￿1?11 Company registration number 05329651 (England and Wales)

Draft Financial Statefflents at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE { A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notss Flxed assets Tangible ass8ts 12 607 1,215 Current assets Debtors Cash at bank and in hand 13 2.197 367,243 2.178 369,046 369.440 371,224 Credltors: amounts falllng due wlthln one year 14 (11.364) (11,892) Net current assets 358,076 359,332 Total a8Sets less current Ilabillties 358,683 360,547 Net assets excludlng penslon Ilablllty 358,683 360.547 The funds of the charlty Restricted income funds Unrestricted funds 16 132.245 226,438 143,655 216,892 358,683 360,547 The company is enliued to the exemption from the audit requirement contained In section 477 of the Companies Act 2006, for the year ended 31 March 2024. The diractors acknowledge thelr responsibilities for complying w¢th the r8quirements of the Compani8s Act 2006 with resped to accounting records and the preparation of financial ststements. The members have not required the company to obtain an audit of its financial statements for the yèar In question In accordance with section 476. These financial statements have be8n prepared in accordance with the provisions applicable to Companies subject lo the small companies regime. The financial statements were approved by the trustees on . 2g-i!-l* M. 8(ILtyI I S J Bratt {Treasurer) Trustee Cllr Sarvent ( Chair} Trustee Company registration number 05329651 (England and Wales}

Draft Financial Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTREQHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity inforniation The Volunteer Centre-chesterfield and North East Derbyshire is a prlvale company limited by guarantee incorporated in England and Wales. The registered office is 38 Knifesmithgate, Chesterfield, Derbyshire, S40 1RQ. 1.1 Aceountlng conventlon The financi31 statements have been prepared in accordance with the charity's Igoverning document], the Companies Act 2006. FRS 102 "The Financial Reporling Stsndard applicable In the UK and Republic of Ireland" I'FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal R8porting Standard applicable in the UK and Republic of Ireland {FRS 1021. (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has laken advantage of the provisions in th8 SORP for charities not to prepare a Slatwnent of Cash Flows. The financial stslemenls are prepared in sterling, which 18 the functional currency of the charity. Monetary amounts in these financlal statements are rounded to the nearest £. The financial statements have been prepared under the hislorlcal cosl convention. [modif18d to include the revaluation of freehold properties and to include investment properties and certain financial instruments at falr valuel. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial st8tements, the trustees have a reasonable expectation that the charlty has adequat8 resources to continue in operational existence for the foreseeable future. Thus the trLtstees continue to adopt the going concern basis of accounting in preparing the financial stslemenls. 1.3 Charltable funds Unrestricted funds are available lor use at the dls¢retlon of the Injstees In furtheranc8 of thelr charltable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds a￿ set out in the notes to the financial statements. Endowment funds a￿ subject to specific Conditions by donors thal the capital must be maintalned by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any perfomance conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on re￿ipt. Other donations are recognised On￿ the charity has bgen notified of the donation, unless performance conditions r8quire deferral of the amount. Income tsx recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacie5 are recognised on re￿ipt or otherwise if ihe charity ha5 been notified of an impending distribution. the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Draft Financlal Statements at 08 October 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies (Continued) 1.5 Expenditure Expenditure is recognised once ther8 is a legal or constructive obligation to transfer economic benefit to third party. it is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be measured reliably. Exp8ndlture is classified by activity. The costs of éach aclivity are made up of the total of dIr￿t costs and shared costs, induding support costs involved in undertaking each acllvity. Direct costs attributable lo a slngle activity are allocated directly lo that activity. Shared costs which contribute lo more than one aclivlty and support costs which are nol allribulable lo a single activity are apportioned betAveen those aclivitles on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges ar8 allocated on the portion of the asset's use. 1.6 Tanglble flxod assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their usefijl lives on the following bases: Plant and equipment 4 years straight Ilne The gain or loss arising on the disposal of an asset is determined as the difference between the sale procaeds and the carrying value of the asset, and is r8CO9ni8ed in the statement of financial actlvitles. 1.7 Impairnient of flxed assets At each reporting end date, tha charity reviews the carylng amounts of its tangible assets to determlne whether there is any indication that those assets h8ve suffered an impairment loss. If any such Ind￿atIOn exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash In hand, d6posits held at call with banks. other short-temi Ilquld investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings In current Ilabilltles. Baslc financlal assets Basic financial assets, which Include debtors and cash and bank balances, are initially measured at transaGtion price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constilutes a financing transaction, where the transaction is measured at the presenl value of the future re￿iptS discounted al a market rate of interest. Financial assets classified as receivable within one year are not amortised. 10-

Draft Financlal Statements at 08 O¢tober 2024 at 14:41:00 THE VOLUNTEER CENTRE-CHESTERFIELD AND NORTH EAST DERBYSHIRE ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles (Continued) Baslc financlal Ilabllities Basic financial liabilities, including credilors and bank loan5 are initially recognised at transaction price unless the arrangement conslitut8s a financing transaction, wh8r8 the debt instrument is measured at the present valu8 of the future payments discounted al a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabililies if payment is due within one year or less. If not. they are presented as non￿Urrent liabilities. Trade creditors are recognised initially at transaction price and subs6quently measured al amortised cost using the effective interest method. Derecognltion of financlal liabilities Financial liabilities are dereGognised when the charlty's contractual obligations expire or are discharged or cancelled. 1.9 Taxatlon The charity Is exempl from corporation tax on Its charitsble activities. 1.10 Employee benefits The cost of any unused holiday enlitlement is recognised in the period in which the employee's seNices are received. Termination benefits are recognised immediately as an expense when the charity 1$ demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.11 Rotlrement benefits Payments to defin8d contrlbutlon retirement benefit schem8s ar8 charged as an expense as they fall due. 1.12 Donated Services General Volunteers The contribution of general volunteers cannot be measured reliably and therefore is not included as income within the charity accounts. The work of general volunteers is however fundamental for the cOntinua￿e by the charity of ils charitable aclivilies. Crlllcal accountlng estimates and Judgements In the application of the charity's accounting policies, the tnjstees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical &xperience and othar factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in Ihe period in which the estimate is revised where the revision affects cnly that period, or in the period of the revision and fulure periods where the revision affects both current and future periods. 11