Company registration number.. 04070342
Charity registration number: 1115303
Greater London Volunteering
known as
London Plus
IA company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
Fleld Sullivan Limited
9 Hare & Billet Road
Blackheath
SE3 ORB

Greater London Volunteerlng
known as London Plus
Contents
Reference and Administratlve Detalls
Trustees, Report
2tolO
Independent Examiner's Report
Ilto12
Statement of Financial Activities
13
Balance Sheet
14tolS
Statement of Cash Flows
16
Notes to the Financial Statement5
17to30

Greater London Volunteering
known as London Plus
Reference and Admlnlstratlve Detalls
Chalr
Sarah Mullev
Trustees
Edward Anderton
Adwoa Fadahltnsi
Stephanie Hann
Renae Mann
Sarah Mulley
Dominic Pinkney
1115303
Charlty Reglstratlon Number
Company Reglstratlon Number
04070342
The charlty Is incorporated In England.
9 Hare & Billet Road
Blackheath
SE3 ORB
Reglstered Office
Independent Examlner
Field Sulllvan Llmited
9 Hare & Billet Road
Blackheath
SE3 ORB
Bankers
Metro Bank
I Southampton Row
London
WCIB SHA
The Co-operative Bank Ple
Central Commercial Branch
P.0. Box 250
Skelmersdale
WN8 6WT
Page I

Greater London Volunteering
known as London Plus
Trustees, Report
The trustees, who are dlrectors for the purposes of company law, present the annual report together with the
financial statements of the charitable company for the year ended 31 March 2024.
Objectlves and Actlvltles
Oblectlves
The objectives of the charlty are:
To promote the efficiency and effectiveness of voluntary and charitable sector organisations.
To promote such other exclusively charitable purposes according to the law of England and Wales as the
trustees is their absolute dlscretlon from time to time determine.
Purpose
The "Purpose" of the charlty Is to enable community group5 and charities to make London thrivlng, cohesive, and
resilient.
Actlvltles
There are four key bullding blocks to the work of London PIu5'.
Networks enable London Plus to connect, provide support to, and gather information from charities and
community groups across London. Some of these networks are for specific organisations, such as for local charltv
infrastructure groups In each London borough. Others address a particular topic - such as social prescribing, or
emergency resilience and response. London Plus's networks give credibility to its voice and influence when
engaging with policy makers and funders across London.
Communications help charlties and community groups In London to share information and learn from each other,
and to collaborate more effectively. London Plus are invests time and resources into communication5 that work for
large and diverse sector. This includes using social medla, newsletters, and our web51te, a5 well as through our
networks.
London Plus helps build connections to support the sector across London, and In particular to enable them to
collaborate and engage with policymakers. It has strong links with policymakers in the Greater London Authority
IGLAI and London Councils, as well as funders lour core funding comes from City Bridge Foundation as well as the
GLA, and London Coyncilsl. Strong connections help build understanding, partnerships, and develop solutions.
Data is the final building block of London PIu5'5 work. There is less analysis of the voluntary and community sector
than other parts of the economy and soclety, which can limit understandlng of the sector'5 challenges and impact.
London Plus helps fill this gap by gathering data from our networks and beyond, to better understand and serve
the needs of the sector.
Page 2

Greater London Volunteering
known as London Plus
Trustees, Report
Values
The work of London Plus Is shaped by the following values..
We are open. We welcome ideas, connections and potential collaborations, This helps u5 gather more useful
information to help the sector, as well as to connect the right people and organisations to maximlse the value of
our work.
We are humble. The impact and value of our work comes through the work of other5 charitie5 and communlty
groups on the frontline. We aim to highlight, reinforce and support their work.
We learn and we adapt continuously. We adapt our views and intelligence as we gather more information, and
are open to guidance. to corrections. and to any comments as well as criticisms that help us improve.
We learn and we adapt contlnuously. We cannot know fixed and permanent answers or truths. We adapt our
views and intelligence as we gather more information, and are open to guidance, to corrections, and to any
comments as well as criticisms that help us Improve.
We are ambltlous for the voluntary and communlty sector in London. Charlties and community groups In London
play a vital role. We want to help them do more. helping tackle disadvantage and inequalities In the city.
Public Benefit
In forming and reviewing the charity's objectives, the trustees have given due regard to public benefit guidance
published by the Charity Commission a5 required by sectlon 17 of The Charities Act 2011.
Achlevements and Performance 2023124
London Communltles Emergencles Partnershlp (LCEP) and Falth and Bellef Sector Panel
2023124 marked LCEP'S first full operational year. established with support from Clty Brldge Foundation and the
Greater London Authority.
The partnership..
Recruited a new staff team and established an Advisory Group
Delivered six workshops and five partnership meeting5, reaching over SOO participants
Focused on climate risk, winter preparedness and emergency planning
Developed protocols to capture and apply learning from London emergencies
Secured E25,000 annual funding for VCS engagement through the UK Government's 'Stronger LRF,
Programme
Page 3

Greater London Volunteering
known as London Plus
Trustees, Report
Notable emergency responses included:
Sudan evacuation.. connected Sudanese organisations to the GLA
Wimbledon school crash: facilitated Victim Support Ilnks with Local Authority
Winter 23124 extreme weather: coordinated seven partners for Severe Weather Emergency Protocol
Infrastructure Networks
London CVS Network
The network demonstrated strong performance through..
Successful Chair tran51tion with maintained continuity
Publication of a second network Impact report
Sustained focus on structural inequalities and practical support
Development of CVS salary benchmarking and training needs analysis
Creation of a back-office functions directory
Regular engagement with guest speakers- including GLA, King's Fund. and London Funder5
Establishment of peer networks for VCSE Alliance Leads and Development Workers
London Volunteer Centfe Network
Key achievements included:
Development of first network impact report
Enhanced engagement with national volunteering campaigns
Significant contribution to London's Vision for Volunteering
Implementation of 'Slmply Volunteer London, portal improvements
Regular showcase of innovative programmes including Croydon Communlty Lottery
Active partlcipation in quallty standard developments
London's Llfeline5
The initiative expanded through:
Production of three new volunteer films during the Mayor's Community Weekend
Addition of a comprehensive news section and mailing list
Enhanced volunteer story content and engagement
Oelivery of smartphone content creation training for volunteers
Continued development of the website as a key resource for London's volunteerlng community
Page 4

Greater London Volunteering
known as London Plus
Trustees, Report
Soclal Prescrlblng Network
The network strengthened its position through:
Enhancing voluntary sector representation In health dlscusslons
Introduction of monthly 'Meet the Network, online calls
Comprehensive analysis of five ICS area5. commitments to voluntary sector
Development of a health impact tool focuslng on creative arts organisations
Extended reach to international audiences including Canada, Australia and Japan
Maintenance of 'SP Connected, database for cross-sector collaboration
Active engagement with Black and minoritlsed communlty organlsations
London Boroughs Falth Network
The network demonstrated strong performance through..
Establishing a new leadership framework for the Faith and Belief sector Panel IFBSPI to enhance
engagement with London Reslllence Forum.
Deliverlng Community Resilience Training in Kensington and Chelsea, Tower Hamlets, Southwark,
Lambeth, and Westminster, training over 100 faith leaders.
Supporting faith groups, responses to crises, including weather-related incident5, health emergencie5, and
major flres.
Partnering with LCEP to host a Summer and Winter Preparedness Webinars, improving weather related
response readiness.
Facilltating monthly Borough Faith Forum meetings to strengthen collaboration across faith communities.
Strengthenlng cross-sector partnerships Iwith, for example, local and regional government, NHSIPublic
Health and Police) to enhance resilience, emergency response and greater understanding of community
tensions.
Promoting soclal cohesion by supporting interfaith event5 during Holocaust Memorlal Day, Inter Falth
Week, Mitzvah Day, and Remembrance/Armistlce Day to foster tommunlty LÈnity.
Research and Data
Slgnificant developments included..
Development of London Plus's first Research and Oata Strategy12024-20271
Recruitment of a dedlcated Researcher and Data Analyst
Initlation of a Wennington fire volunteer impact study
Publication of analyses on severe weather and volunteering data
Establishment of strong relation5hip5 Wlth external research partners
Page 5

Greater London Volunteering
known as London Plus
Trustees, Report
Communlcatlons and Engagement
Notable achlevements:
Completion of comprehensive brand review
Launch of new website at www.london
lus.or
Development and implementation of first Communications Strategy
Successful delivery of Tales of Covid campaign
Website performance: 79.811 vlews from 12,28S users
Newsletter engagement.. Open rates increased from 44% to 67%
Social media growth..
o Twltter: 157,000 Impresslons
o Linkedln.. 42% follower increase
o London's Lifelines.. 3,800 webslte users, 59 volunteer stories
Structure, Governance and Management
Governlng Document
The organisation is a charitable company limited by guarantee, incorporated on 12th September 2000 and was
registered as a charity in England and Wale5 on 13th July 2006.
The company was established under a Memorandum of A550ciation which established the objects and powers of
the charitable company and is governed under those Articles. The company replaced the exlsting Memorandum
and Articles of Association with new Articles of Association on 6 February 2018. The legal name of the company
remains Greater London Volunteerlng. Durin8 this period, the company continued to use the brand name London
Plus.
Recrultment and Appolntment of Trustees
The recruitment and appointment of trustee5 are set out in our Articles of A550ciation. Trustees are elected
annually at the AGM, At the third annual general meeting after a trustee's last appointment (whether by electlon
or co-optionl a trustee shall retlre. They shall be eligible for re-appolntment provided that no trustee may continue
to serve after six years In offite wlthout a period of at least a year out of office and no trustee may serve for more
than nine years in total.
For the purposes of this Article 131.11 a "yearf, shall mean a complete period of service between two annual
general meetings.
The Board may, from time to time, appoint a member of staff as a member of the Board either to fill a casual
vacancy or by way of an additlon to the Board, subject to the provislons of the Articles of Association.
Page 6

Greater London Volunteering
known as London Plus
Trustees, Report
Trustee Inductlon and Tralnlng
New trustees are provided with an induction on joining the Board and are encouraged to take up relevant trainlng
and development to fulfil their role and responsibilities to London Plus.
Trustees and offlcers
The trustees and officers serving during the year and since the year end were as follows:
Tru5tees'.
Edward Anderton
Adwoa Fadahunsi
Jocelyn James (resigned 31 January 20241
Stephanie Hann
Renae Mann
Sarah Mulley
Dominic Pinknev
Jacob Przeklasa (resigned 24 September 20231
Rahul Sinha (resigned l August 2023)
Chair:
Sarah Mulley
Rlsk Management
The trustees review the risks to which the charity Is exposed and have set up a number of policies which the
trustees. employed staff and volunteers must follow. The trustees believe that there are in place adequate contro15
and systems to mitigate any external and internal risks the charity may face.
Organlsation
Over the financial year London Plus sustained and grew its support for London's voluntary, community and falth
sector. The staff team grew and strategic approaches were developed for research and data, and communications.
The partnership with the Voluntary and Community Sector Emergencie5 Partrsership to support emergency
response In London was the focus of a great deal of work - building up the team, putting In place systems and
processes, and workplans. London Communities Emergences Partnership ILCEPI has established itself as a critical
part of the wider London resilience and response infrastructure.
London Plus continued to develop its profile, a5 a relatively young organisation, raising awareness of its work and
drawing in more organisations to participate in the networks it hosts and leads. In challenging times for the
voluntary and community sector IVCSI, London Plus has become a much- valued means of knowledge exchange,
support and brlnglng VCS issues and insights to the attention of local and national government, and other funding
bodies.
Page 7

Greater London Volunteering
known as London Plus
Trustees. Report
Management
Day-to-day management Is delegated to a small staff team, led by a chief executive. Throughout this reporting
period, the chief executive was Martin Brooke5,
Flnancial Revlew
London Plus remains crucially dependent on core funding from City Bridge Foundation. This funding allows the
charity to maintain our core work with networks and the wider sector as well as to respond to the needs of
charities and community groups in London lincluding In emergencies).
Alongside new initiatives and responses to emergencies, City Brldge Foundation's funding enables us to continue
to support the key infrastructure networks covering all 32 boroughs in London. This is a vital aspect of London Plus.
Our networks are independent of any policy or funding initiative. Part of thelr value Iles In this independence. Thev
are owned by the sector and they can be directly shaped and controlled by the sector and its needs. At the core of
our approach is SUPPOrting the sector across the whole breadth of issues it faces. We are able to do this - be
consistent, reliable, and valuable to the sector- because of multi-year core support from City Bridge Foundation.
London Plus Is also dependent on the support of our other key funder. the GLA, which has funded key Initiatives as
well as a contribution to the core work of London Plu5. Thi5 funding has allowed London Plus to run a soclal
prescribing network a5 well as give out small grants to small local borough-based organisations.
LCEP is funded via separate restrlcted grants from both City Bridge Foundation and the GLA, and has also received
fundlng from London Councils in 2022123. LCEP funding for the entire partnershlp Is recelved by London Plus, with
elements of the funding then distributed to other organisatlons lincludlng Brltlsh Red Cross who host VCSEPI. LCEP
funding is also used to support the work of the London Boroughs Faith Network - under this arrangement London
Plus acts as employer for one of Its team, and pays for the cost of activities.
Our unrestricted reserves rose to £64,45312023.. £62,0511. Prudent runnlng of the organlzation enabled us to add
to our reserves despite inflationary pressures. Nonetheless, our unrestricted reserves remain below the level that
would be needed to manage an unexpected interruption in funding. The nature of London Plus's work and our
funding makes it difficult to bulld further unrestricted reserves. If we receive funding and deliver work that allows
U5 to extend the funding we receive in grant from City Bridge Foundation and others, this remalns restricted under
the terms of these grants. LCEP funding is also restrlcted. It remains an ambition to build up unrestricted reserves.
As the organisation develops and grows le.g. due to the recruitment of the new LCEP team), this need becomes
more acute.
Fundlng recelved In thi5 perlod
City Bridge Trustfunding
Funding from existlng City Bridge Foundation grants was used for the salarles of the Chief Executive, Networks
Manager, Data and Research Analyst, Communications and Engagement Manager, Communications Officer and
Operations Manager. It also covered central office costs and overheads. The grant in 2023124 was £175,000. the
second of three years of funding covering 2022123 to 25126.
Page 8

Greater London Volunteering
known as London Plus
Trustees, Report
City Bridge Foundation agreed a grant of £642.$00 to support the development of LCEP. This is to be pald over the
perlod 2022123 to 2025126. The payment in 2023124 was £232,610. This sum is shared with VCS Emergencies
Partnership IVCSEPI, our partner in LCEP. £115,966 of the 2023124 year grant was paid to VCSEP. In addition. a
Ismallerl portion of the funding will be on-granted to the London Boroughs Faiths Network {LBFNI.
GLA funding
We received the last scheduled £20,000 grant from the GLA to fund our 5UPPOrt for the London Recovery Board's
"missions" specifically the mission 'Building Strong Communities" London Plus has been closely involved with this
misslon as well as helping provide oversight of others among the nine in total.
We retelved funding of £50,000 from the GLA for the Greater London Volunteering Strategy in this financial year.
The GLA made a grant of £60,500 to support work on community resilience, The large majority of this1£53,724.671
was paid out in 11 small grants to local borough-based organlsations. A further round of £55,000 grant funding was
also commltted as recorded In Note 3.
We received a grant of £33,000 to 5UPPOrt the London Soclal Prescrlblng Network. Thi515 the second payment in a
two-year grant.
The GLA agreed a grant of £IOO,000 for LCEP over four years. This is to be paid over the period 2022123-2025126.
The payment in 2023124 was £33,000.
Reserves Pollcy
The charity maintains reserves sufficient to enable it to fulfil its charitable objectives. The Board of Trustees
regularly reviews the charitV'5 risk-ba5ed reserves policy.
Loss of funding is deemed the greatest risk to the organisation and Ios5 of our primary funder could lead to the
closure of the charity. The trustees are sat15fied that the £64,453 held In reserve5 at the end of the year Is
sufficient to meet the costs of closure.
Statement of trustees, responsibilities
The trustees (who are also the directors of Greater London VolL¢nteering for the purposes of company lawl are
responsible for preparing the trLtstees' report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standard5 Iunited Kingdom Generally Accepted Accounting Practice), including FRS
102 'The Flnancial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under company law the
trustees must not approve the financial statements unless they are satisfied that they give a true and fair vlew of
the state of affairs of the charltable company and of the Incoming resources and application of resources, including
Its Income and expenditure, of the charitable company for that period. In preparing these financial statements, the
trustees are required to:
select 5Ultable aceountlng policles and apply them consistently,.
observe the methods and principles in the Charltles SORP;
Page 9

Greater London Volunteerlng
known as London Plus
Trustees, Report
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any
material departures disclosed and explained in the financial statements; and
prepare the f inanclal statements on the golng concern basis unless It Is inappropriate to presume that the
charitable company will continue in business.
The trustee5 are responsible for keeplng proper accounting records that can disclose with reasonable accuracy at
any time the financial posltlon of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charStable company's web51te. Leglslation governing the preparation and dissemination of financial
statements may differ from legislation in other jurisdictions,
Small companles provlslon statement
This report has been prepared In accordance with the small companies regime under the Companles Act 2006.
The annual report was approved by the trustees of the charity on 5 December 2024 and signed on its behalf by:
Sarah Mulley
Chair and trustee
Page 10

Greater London Volunteering
known as London Plus
Independent Examiner's Report to the trustees of Greater London Volunteering ('the
Company,)
I report to the charity trustees Iwho are also Directors for the purpose of company lawl on my examination of the
accounts of the Greater London Volunteerlng I'the charitable company'l for the year ended 31 March 2024 which
comprise the Statement of Financial Activities, the Balance Sheet and related notes. 13 30
This report is made solely to the charity's trustees, as a body, In accordance with section 145 of the Charities Act
2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required to
State to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or
assume responsibility to anyone other than the charity and the charlty's trustees a5 8 body, for my work, for this
report, or for the opinions I have formed.
Responslbllltles and basls of report
As the charity's trustees of Greater London Volunteering you are responsible for the preparation of the accounts in
accordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of Greater London Volunteering are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examlnation, I report in respect of my examination of your
charity's accounts as carried out under section 145 of the Charltles Act 20111'the 2011 Act'l. In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 14515llbl of the 2011
Act.
An independent examination does not Involve gathering all the evidence that would be required In an audit and
consequently does not cover all the matters that an auditor conslders in giving their opinion on the financlal
statements. The planning and conduct of an audit goes beyond the Ilmlted assurance that an independent
examination can provide. Consequently l express no opinion as to whether the flnancial statements present a 'true
and fairf view and my report Is limited to those specific matters set out in the independent examiner's statement.
Independent examlnerfs statement
Since Greater London Volunteering 's gross income exceeded £250,000 your examiner must be a member of a
body listed in section 145 of the 2011 Act. I conflrm that l am qualified to undertake the examinatlon because l am
a member of ICAEW, which is one of the listed bodles.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
l. accounting records were not kept In respect of Greater London Volunteering as required by sectlon 386 of
the 2006 Act; or
2. the accounts do not accord wlth those records; or
3. the accounts do not comply with the accounting requlrements of section 396 of the 2006 Act other than anv
requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an
independent examination,. or
Page 11

Greater London Volunteerlng
known as London Plus
Independent Examiner's Report to the trustees of Greater London Volunteering ('the
Company,)
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practlce for accounting and reporting by charities applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021.
I have no concerns and have come across no other matters In connection with the examination to whlch attention
should be drawn in this report In order to enable a proper understanding of the accounts to be reached.
Tim Sullivan FCA
Field Sullivan Llmited
9 Hare & Blllet Road
Blackheath
SE3 ORB
Page 12

Greater London Volunteering
known as London Plus
{Registration number: 04070342)
Balance Sheet as at 31 March 2024
2024
2023
Note
Flxed assets
Tangible assets
li
3,119
Current assets
Debtors
Cash at bank and in hand
12
47,051
251,681
61,204
282,944
13
298,732
344,148
Credltors: Amounts falllng due wlthln one year
14
130,3631
169,9891
Net current assets
268,369
274,159
Net asset5
271,488
274,159
Funds of the charlty:
Restrlcted Income funds
Restricted funds
207,035
212,108
Unrestricted Income funds
Unrestricted funds
64,453
62,051
Total funds
16
271,488
274,159
For the flnancial year ending 31 Marth 2024 the charity wa5 entltled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companle5.
Directors, responsibilities..
The members have not required the charlty to obtain an audit of its accounts for the year in questlon In
accordance with section 476,. and
The directors acknowledge their responsibilitles for complying with the requlrements of the Act with respect to
accounting records and the preparation of accounts.
The notes on pages 17 to 30 form an integral part of these flnanclal statements.
Page 14

Greater London Volunteering
known as London Plus
(Registration number: 04070342)
Balance Sheet as at 31 March 2024
The flnancial statements on pages 13 to 30 were approved by the trustees, and authorised for Issue on 5
December 2024 and signed on their behalf bv.,
Sarah Mulley
Chair and trustee
The notes on pages 17 to 30 form an integral part of these financial statements.
Page 15

Greater London Volunteerlng
known as London Plus
Statement of Cash Flows for the Year Ended 31 March 2024
2024
2023
Note
Cash flows from operatlng actlvltles
Net cash lexpenditurelllncome
12,6711
181,866
Adjustments to cash flows from non-cash Items
Depreciation
1,040
11,6311
181,866
Working capltal adjustments
Decrease/lincreasel in debtors
IDecreasel/increase in creditors
Decrease in deferred income
12
14,153
135,6261
14,0001
150,2671
45,326
165,0001
14
Net cash flows from operating activities
127,1041
111,925
Cash flows from investlng act5vltles
Purchase of tangible fixed asset5
li
14,1591
Net Idecreasellincrease in cash and cash equivalents
131,2631
111.925
Cash arsd cash equivalents at l Aprll
282,944
171,019
Cash and cash equivalents at 31 March
251,681
282.944
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 17 to 30 form an integral part of these financial statements.
Page 16

Greater London Volunteerlng
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charlty status
The charity is limited by guarantee, Incorporated in England, and consequently does not have share capltal. Each of
the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of
liquidation.
The address of Its registered office is..
9 Hare & Billet Road
Blackheath
SE3 ORB
These financial statements were authorised for issue by the trustees on 5 December 2024.
2 Accounting pollcles
Summary of slgnlflcant accounting policies and key accountlng estlmates
The prlncipal accounting policies applied in the preparatlon of these financial statements are set out below. These
policies have been consistently applied to all the years presented, unless Otherwise stated.
Statement of compllance
The financial statement5 have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the
Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191
(Charities SORP IFRS 1021 Second edltion October 20191, the Financial Reportlng Standard applicable in the UK
and Republic of Ireland {FRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011.
Basls of preparatlon
Greater London Volunteering meets the definition of a publlc benefit entity under FRS 102. Assets and liabilities
are inltially recognSsed at historical cost or transaction value unless Otherwise stated in the relevant accounting
policy notes.
Golng concern
The trustees consider that there are no material uncertaintie5 about the charity's ability to contlnue a5 a going
concern nor any signlficant area5 of uncertainty that affect the carrylng value of assets held by the charity.
Page 17

Greater London Volunteerlng
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
Judgements and key sources of estlmatlon uncertalnty
In the application of the charity's accounting policles, the directos 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 experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estlmates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised in the periods in whlch the estimate is revised where revisions affects only that period. or In the
period of the revision and future periods where the revisions affects both current and future periods.
Income and endowments
All income is recognised once the charity has entitlement to the income, it 15 probable that the income will be
received and the amount of the Income receivable can be measured reliably.
Grants receivoble
Grants are recognlsed when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where performance condltlons are attached to the grant and are yet to be met. the income 15
recognised as a liability and included on the balance sheet as deferred income to be released,
Deyerred income
Oeferred income represents amounts received for future periods and Is released to incoming resources in the
period for whlch, it has been received. Such income Is only deferred when..
The donor specifies that the grant or donatlon must only be used in future accounting periods: or
The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Expendlture
All expenditure is recognlsed once there is a legal or constructive obligation to that expenditure, it is probable
settlement Is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where costs cannot be dlrectly attributed to
particular headings they have been allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Page 18

Greater London Volunteering
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
Roislngfunds
These are costs incurred in attracting voluntary income, the management of Investment5 and those incurred in
trading actlvities that raise funds.
Charltable uctlvltles
Charitable expenditure comprlses those costs incurred by the charity in the delivery of its activities and seNices for
its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect
nature necessary to support them.
Support costs
Support costs include central functlons and have been allocated to activlty tQSt categories on a basis conslstent
wlth the use of resources, for example, allocatlng property Costs by floor areas, or per capita, Staff costs by the
tlme spent and other costs by their usa8e.
Taxation
The charlty is con51dered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore
It meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is
potentially exempt from taxation in respect of income or capital gains received within categories covered by
Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to
the extent that such income or galns are applied exclusively to charitable purpose5.
Tanglble fixed assets
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated
depreciation and subsequent accum¢Jlated Impalrment losses.
Depreclatlon and amortlsatlon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual
value, over their expected useful economic life as follows:
Asset class
Office equlpment
Depreclatlon method and rate
straight line over 4 years
Page 19

Greater London Volunteerlng
known as London Plus
Notes to the Financlal Statements for the Year Ended 31 March 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course
of business.
Trade debtors are recognised initially at the transactlon price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors
Is established when there is oblectlve evidence that the charity will not be able to collect all amounts due
according to the original terms of the receivable5,
Cash and cash equlvalents
Cash and cash equivalents comprlse cash on hand and call deposits, and other short-term highly liquid investments
that are readily convertible to a known amount of cash and are SLtbject to an insignificant rlsk of change in value.
Trade credltors
Trade credltors are obligations to pay for goods or services that have been acquired In the ordinary course of
business from suppliers. Account5 payable are classified as current liabilities if the charity does not have an
unconditlonal right, at the end of the reportlng period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are presented as non-current Ilablllties.
Trade credltors are recognised initially at the transactlon price and subsequently measured at amortised cost using
the effective interest method.
Borrowlngs
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carried at amortised cost, wlth the difference between the proceeds, net of
transaction cost5, and the amount due on redemption being recognised as a charge to the Statement of Flnancial
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowlngs are classified as curfent liabillties unless the charity has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Page 20

Greater London Volunteering
known as London Plus
Notes to the Flnanclal Statements for the Year Ended 31 March 2024
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of
the objectives of the charlty,
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which 15
restricted to that area or purpose.
Pensions and other post retlrement obligatlons
The charity operates a defined benefit pension scheme.Typically defined benefit plans define an amount of
pension benefit that an employee will receive on retirement, usually dependent on one or more fartors such as
age, years of service and compensation.
The Ilability recognised in the Balance Sheet in respect of defined benefit penslon plan5 15 the present value of the
defined beneflt obligation at the reporting date mlnus the fair value of plan assets. The defined benefit obligation
is measured using the projected unit credit method. The present value of the defined benefit obligation is
determined by discountin8 the estimated future payments by reference to market yields at the reporting date on
high-quality corporate bonds that are denomirsated in the currency in which the benefits will be paid, and that
have terms to maturity approximatlng to the terms of the related pension Ilabllitv.
Actuarial gains and 1055es are charged or credited to other comprehensive income in the period in which they
arise.
Page 21

Greater London Volunteerlng
known as London Plus
Notes to the Flnancial Statements for the Year Ended 31 March 2024
3 Income from donations and legacles
Restrlcted
tunds
Total
2024
Total
2023
Grants, including capital grants,.
City Bridge Trust- Core
City Brldge TrL¢St- Inflation
City Bridge Trust- LCEP
City Bridge Trust - Diversity
GLA Social Prescrlblng
GLA-Grants
175,000
175,000
200,000
15,703
65,330
3,600
33,000
115,500
17,000
17,000
20,000
232,610
232,610
55,000
55,000
GLA- LCEP
33,000
33,000
GLA- London Lifelines
GLA- Matched funding
GLA- Community Resilience
GLA-Training
GLA- London Volunteering Strategy Group
London Council
112,750
10,000
70,000
112,750
10,000
70,000
25,000
36,516
6,036
National Academy for Soclal Prescrlbing
Other small grants
4,000
4,000
692,360
692,360
554,685
4 Income from charltable ¥ctivltles
Unrestrlcted
funds
General
Total
2024
Other income
65
65
Page 22

Greater London Volunteering
known as London Plus
Notes to the Financlal Statements for the Year Ended 31 March 2024
5 Expendlture on ralslng funds
al Costs of generatlng donatlon5 and legacles
Tot¥1
2024
Total
2023
Note
Fundraislng costs
7,815
6 Expendlture on charltable actlvltles
Total
2024
Total
2023
Note
Other direct costs
1,152
98,921
7,705
2,453
Project costs
Recruitment
262,6S8
27,277
70,291
426
Consultancy
Staff tralning
Equipment repairs and renewals
Computer software and maintenance
Subscrlptlon5
Conference
412
14,258
6,145
3,356
1,008
297.315
12,355
647
2,628
263
Travel and subslstence
Staff costs
Support Costs
235,297
15,526
695,096
365,004
Page 23

Greater London Volunteerlng
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
7 Analysls of support costs
Total
2024
Total
2023
Rent and rates
1,739
754
2,830
Insurance
Office expenses
Sundries
1.417
418
7,406
Advertlsing
Accountancy
The audit of the charity's annual accounts
Independent examination
Bank charges
Depreciation of office equipment
42
27
4,057
3,793
1,470
2,580
308
1,040
12,355
15,526
Trustees remunerotion and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charlty during the
year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
9 Staff cost5
The aggregate payroll costs were as follows:
2024
2023
Staff costs durlng the year were:
Wages and salaries
Social security costs
Pension c05tS
263,219
22,639
11,457
224,618
10,679
297,315
235,297
Page 24

Greater London Volunteering
known as London Plus
Notes to the Financlal Statements for the Year Ended 31 March 2024
The monthly average number of persons (including senior management / leadership team) employed by the
charity during the year expressed as full time equivalents was as follows..
2024
No
2023
Charitable activities
612023 - 61 of the above employees participated in the Defined Contribution Pension Schemes.
The chief executive offlcer, as the highest paid member of staff, recelved benefits totalling £79,826 12023
£78,154).
10 Taxatlon
The charity is a registered charity and Is therefore exempt from taxation.
11 Tanglble flxed assets
Furnlture and
equlpment
Total
Cost
At l April 2023
Additions
2,726
4,159
12,7261
2,726
4,159
12,7261
Disposals
At 31 March 2024
4,159
4,159
Depreclatlon
At l April 2023
Charge for the year
Eliminated on disposals
2.726
1,040
12,7261
2,726
1,040
12,7261
At 31 March 2024
1,040
1,040
Net book value
At 31 March 2024
3,119
3,119
At 31 March 2023
Page 25

Greater London Volunteering
known as London Plus
Notes to the Flnancial Statements for the Year Ended 31 March 2024
12 Debtor5
2024
2023
Trade debtors
57,750
704
2,750
Prepayments
Accrued income
551
46,500
47,051
61,204
13 Cash and cash equlvalents
2024
2023
Cash at bank
251,681
282,944
14 Credltors: amounts falllng due withln one year
2024
2023
Trade creditors
22,884
2,098
5,381
61,106
1,453
3,430
4,000
Other creditors
Accruals
Deferred income
30,363
69,989
15 Penslon and other schemes
Defined contributlon penslon scheme
The charity operates a defined contrlbution pension scheme. The pension cost charge for the year represents
contribution5 payable by the charity to the scheme and amounted to £11,45712023 - £10,679).
Page 26

Greater London Volunteering
known as London Plus
Notes to the Financlal Statements for the Year Ended 31 March 2024
16 Funds
Balance at
31 March
2024
Balance at I
Aprll 2023
Incomlng
resources
Resources
expended
Transfers
Unrestricted funds
Generol
General Funds
62,051
65
2,391
1541
64,453
Restrlcted funds
City Bridge Trust
GLA - Social Prescribing
GLA - Small Grants
83,472
1,242
19,830
6,932
8,563
92,069
175,000
55,000
{242,5531
138,8081
119,8301
16,986)
18,5631
{245,2471
1115,5001
15,919
17,434
GLA- London Lifelines
NASP
S4
LCEP
279,610
112,750
126,432
12,7SOI
GLA - Communlty Resilience
GLA - London Volunteering
Strategy
70,000
120,0001
50.000
212,108
692,360
1697,487}
54
207,035
Total funds
274,159
692,425
(695,0961
271,488
Page 27

Greater London Volunteering
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at I
April 2022
Incomlng
resources
Resources
expended
Balance at 31
March 2023
Unrestrlcted fund5
General
General Funds
46,348
15,703
62,051
Restrlcted funds
City Bridge Trust
Matched Funding
GLA - Social Prescribing
GLA - Small Grants
200,000
29,636
33,000
115,500
17,000
36.516
107,330
1116,5281
129,6361
137,4041
199,6701
110,0681
164,2521
115,2611
83,472
5,646
4,000
1,242
19,830
6,932
8,563
92,069
GLA - London Lifeline5
NASP
36,299
LCEP
45,945
538,982
1372.8191
212,108
Total funds
92,293
554,685
1372,8191
274,159
Page 28

Greater London Volunteerlng
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
The specific purposes for which the funds are to be applled are as follows..
City Bridge Trust funds for 5alarie5 and running costs.
GLA - Social Prescrlblng - funds from Greater London Authority toward5 the 'London Social Pescribing Network,
project.
GLA - Small Grants- funds from Greater London Authorlty towards 'Building Stronger Communities, programme.
GLA- London Lifelines - funds from Greater London Authority toward5 'London Lifelines, projett.
NASP funds from National Academy for Social Prescribing to support the 'NASP Thriving Cummunities,
programme.
LCEP funds from City Bridge Trust and Greater London Authority to support the wok of the London Community
Emergencies Partnership.
GLA- Community Re511ience - funds from Greater London Authority towards 'Communlty Resilience Fund, prolect.
GLA - London Volunteering Stategy - funds from Greater London Authority towards 'London Volunteering Stategy
group and Vision for Volunteering, project,
Page 29

Greater London Volunteerlng
known as London Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
17 Analysls of net 455ets between funds
Unrestricted
funds
General
Total funds at
31 March
2024
Restricted
funds
Tangible fixed assets
Current assets
3,119
91,697
130,3631
3,119
298,732
130,3631
207,035
Current liabllities
Total net asset5
64,453
207,035
271.488
Unrestrlcted
funds
General
Total funds at
31 March
2023
Restrlcted
tunds
Current assets
132,040
169,9891
212,108
344,148
169,9891
Current liabilities
Total net assets
62,051
212,108
274,159
18 Related party transactlons
Due to GVL'S Status as an umbrella body for Lodon based volunteer centres, a number of GLV trustees are Involved
with the governance/management of these organisations. The work of GLV is such that a number of transactions
arose with some of these organisatlons as part of its routine charitable activity on several contracts. The trustees
are satisfled that all such transactions have been carried out on an arm's length basis.
Page 30