Company registrotion 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 202S Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB
Greater London Volunteering known a5 London Plus Contents Reference and Administrative Details Trustees, Report 2to12 Independent Examiner's Report 13to14 Statement of Financial Attivities 15 Balance Sheet 16 Statement of Cash Flow5 17 Notes to the Financial Statements 18to29
Greater London Volunteering known as London Plus Reference and Administrative Details Chalr Sarah Mulley Tru5tee5 Edward Anderton Adwoa Fadahunsi Stephanie Hann Sanjan Haque Annabel Igelhart Renae Mann Sar3h Mulley Dominic Pinkney Penny Wilson Jonathan Winter Charlty Registratlon Number 1115303 Company Reglstratlon Number 04070342 The charity is incorporated in England. 9 Hare & Billet Road Blackheath SE3 ORB Reglrtered Offlce Independent Examiner Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB Bankers Metro Bank I Southampton Row London WCIB SHA The Co-operative Bank PIC Central Commercial Branch P.0. Box 250 Skelmersdale WN8 6WT Page I
Greatsr London Volunteering known as London Plus Trustees, Report The trustees, who are directors 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 2025. Objectlves and Activities Objertives The objectives of the charity are: To promote the efficiency and effectNeness of voluntary and charitable sector organisations. To promote such other exclusively charitable purpose5 according to the law of En8land and Wales as the Trustees is their absolute discretion from time to time determine. Purpose The 'Purpose" of the charity is to enable community groups and charities to make London thriving, cohesive. nd resilient." Activities There are four key building blocks to the work of London Plus: Networks enable London Plus to connect. provide support to, and gather information from charities and community groups across London. Some of these nthorks are for specific or8ènisations, such as for local charity 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 charities and community groups in London to share information and learn from each other. and to collaborote more effectively. London Plus invests time and resources into communications that work for a lar8e and diverse sector. This includes using social media. newsletters, and our website, as well as through our networks. London Plus helps build connections to support the sertor acros5 London. and in particular to enable them to collaborate and engage with policymakers. It has strong links With policymaker5 in the Greater London Authority IGLAI and London Councils, as well as funders lour core funding comes frorn City Bridge Foundation as well as the GLA). Strong connections help build understsnding. partnerships, and develop solution5. Data is the final building block of London Plus's work. There is less analysis of the voluntary and community sector than other parts of the economy and society, which can limit understanding of the sectorfs 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 idea5, connections and potential collaborations. This helps us gather more useful information to help the sector, as well a5 to connect the right people and organisations to maximise the value of oijr work. We are humble. The impact and value of our work comes through the work of others community 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. charities and We are ambltlous for the voluntary and community sector in London. Charities and community groups in London play a vitsl role. We want to help them do more. helping tackle disadvantage and inequalities in the city. Public Benefit In forming and reviewing the chariVs objectives, the Trustees have given due regard to public benefit guidance published by the Charity Commission as required by section 17 of The Charities Act 2011. Achievements and Performance 2024125 https:/llondonplus.org/impact-report/ London Communities Emergencles Partnershlp {LCEP) and Falth and Belief Sector Panel In 2024125, LCEP strengthened collaboration across the sector, improved emergency response. and enhanced community resilience in London. Key achievements.. Hosted a cross-sector conference. bringing together 95 organisations to build relationships and expertise in emergency responses and preparedness. Workshops included qualities in emergencies and climate resilience. Played a crucial role in coordinating responses to 7 emergencies, including the Spectrum block fire and severe weather. During the NIO gas outage, London Boroughs Faiths Network ILBFN) worked with local faith groups to deliver 72 shifts for door-to-door welfare checks involving national volunteers and local faith volunteers Built and deepened trusted connections both within LCEP and with partners sharing important strategic and tartical communication alongside building capabilities and coordinating partner engagement with our 2024 Partner Survey showing 72°A of partners had acted on LCEP insights, 62% improved cross-sertor relationship and 57% gained confidence in emergency plar)ning. Supported wsitive system change representing the VCS on the London Resilience Forum and sharing insights with the London Resilience Partnership following the Grenfell Inquiry, advocating for stronger connections between resilience structure5 and the VCS including the need for joint exercises and boundary spanning leadership. Page 3
Greater London Volunteering known as London Plus Trustees, Report Infrastrudure Networks London CVS Network The network continues to be highly valued by CVSS with 100% of impact suNey respondent5 saying they were sat15fied with the London CVS Network in 2024125 and over two thirds saying they were very satisfied. 940A agree that the network helped raise awareness of key issues affecting their organi5ation 8nd the wider sector and 83% of local infrastructure organisations report a strengthened capacity to deliver more effertive services as a result of their enga8ement in the network. Key achievements this year Include.. Publication of a combined CVS and VC Network (local infrastructure overview) impact report infographic and continued promotion of the network impact report published in 2024 which supported LIO'5 to explain and evidence the impact of their work. Taking practical steps to progress key network priorities relating to the challenging funding landscape, social cohesion and community resilience {following the far-right riots in summer), and workforce retention and support. A funding survey, which helped highlight the in5ecurtties faced by the local infrastructure settor in London Responding to sector concerns about skills development by exploring wlth Birkbetk University. the possibility of developing a short course specifically meeting the need of local infrastructure organisations. Representing a collective London perspective in responding to the Civil Soclety Covenant consultation, which was fed back to DCMS, NCVO and ACEVO and also published and promoted widelv Further development of the network's back-office functions/supplier5 directory London Volunteer Centre Network The Network has continued to provide value to London's Volunteer Centres with our partner survey showing that 92% agreed the network provides access to relevant and informative insights and 77% have been able to apply these insi8hts to inforrn action within their own work andlor organisations. Key achievements for the network this year included: Publication of a cornbined CVS and VC Network (local infrasiructure overvlewl described above The Network has focused on key themes, including health volunteerin& social cohesion and community resilience Ifollowing the far-right riots), and have also shared good practice to support volunteer recognition, and contrlbution to advocacy work around infrastrurture funding Contributing to the development of London's Vision for Volunteering Feeding back to 'Simply Volunteer London, about their portal helping to inform improvements for the sector. Showcasing and sharing lessons around innovatlve and specialist volunteering programmes including Greenwich's inclusive volunteering programme and related research Page 4
Greater London Volunteering known as London Plus Trustees, Report LVSG. London's Lifelines & the London Wision lor Volunteerlng We also supported the following initiatives in order to enhance volunteering across London: The London Volunteering Strategy Group ILVSG) which this year= Significantly increased membership to include various specialist and diverse organisations, better reflecting London and its volunteering sector Engaged with a wider group of organisations via the development of a new 'second tierf of membership was through a wider mailing list and Linkedln group Developed and published a London Wision for Volunteering setting out a plan for strengthening and improving volunteering in London. With input from a diverse range of voices within the sector (including volunteers). 489 organisations contributed in 50rne way, and there were voice5 heard from acro55 every London borough. Thi5 work was delivered by Works4U in partnership with the LVSG and wa5 well received by the sector with more than 1500 views in the first month alone. London's Lifelines which this year.. Helped facilitate the promotion of the London Vision for Volunteering consultation and the publication and promotion of the final London Vision for Volunteering. Released three new professional films promoting volunteering Added new Informative content on volunteerin& around key themes such as inclusive volunteerin& family and youth volunteerin& winter volunteering employee volunteering. Volunteers. Week and Mayor of London initiatives and campaigns such as 'Loved & Wanted, and the Mayorfs Community Weekend Ran campaigns promoting London's Lifelines and volunteering in London Continued development of the website as a key resource for London's volunteering community, with a partner reSOUTce hub added Had 15.087 website page view5 from 8.544 users Health Sucial Prescriblne Network The London VCSE Health Inequalities Network (formerly the Social Prescr4bing Network) operated from April 2020 to March 2025, evolving to focus more explicitly on health inequalities. The network supported voluntary. community. and Social enterprise IVCSE) organisations across London by fostering collaboration, information sharing. and strategic engagement with health 5yStem5. The Soclal Prescrlbing Programmes Manager helped arnplify communlty voices in health disCUSsion5, particularly through participation in the Health Equity Group and co-chairing the London Co-production Working Group. Key Achievements for the network included: 11 case studie5, new data tracking tools, and significant online engagement. Preliminary impact survey data showed members valued professional connections and actionable insights. Page 5
Greater London Volunteering known as London Plus Trustees, Report Although the network closed in 2025. it left a strong legacy in resources. frameworks, and relationships. Its closure was managed with careful communication and support materials. and London Plu5 continues to build on the hard work ofthe network. Volunteering for trlealth Volunteering for Health is a national 3-year programme that aims to help break down bèrriers to volunteering in health and care, test new volunteering infrasrructure models. and develop guidance and best practice. It seek5 to influence the policy environment and increase our understandin8 of the impact of volunteers and volunteerin8 across the NHS, alongside the potenti31 role of NHS charities in helping the NHS to deliver the best care. It is funded by a partnership between NHS Charities together, NHS England and CW+. London Plus is the lead partner of the North Central London Partnership, one of two funded VoluDteerlng for Health partnerships in London. Together with the Operational Lead, Volunteer Centre Camden, we led on the evelopment phase of the project which ran from July 2024 to March 2025, after whSch the delivery phase began. Key steps this year included developing the partnership agreement, and a collaboratively produced delivery plan. establishing relationships with Integrated Care Board IICBI stakeholders, NHS Trusts and charities, and exploring existing practices around volunteering in the NHS and health-based charsties across the North Central London system. Research and Dats This year we were able to progress our commitment to empowering charitie5 and community groups through the implementation of year l of our Research & Data Str3tegy12024-20271. Significant developments inclvded.. Published of the first LCEP Impact Report Developed Theory of Change models for core programme5 and networks Implemented a Research Data Management Policy, ensuring ethical. legal, and consistent handling of research data Co-designed surveys with the Volunteer Centre Network to support the generation of local and pan-London insights on volunteering infrastructure impact Identified key data gaps and addressed health inequ3lity categories in member outreach for the London Social Prescribing Network Published and shared insights via the Research and Data webpage to empower the sector to acces5 and engage with new learning. Page 6
Greater London Volunteering known as London Plus Trustees, Report Communlcatlons and Engagement Our first Communications Strategy for London Plus was launched in April 2024 aiming to.. Raise awarene55 of the London Plus brand Promote our core programmes of work {local infrastructure networks, LCEP, social prescribing) Promote new programmes of work (value of the sector, policy and engagementl Key achievements this year.. Launch of a new London Plus website with a range of resources for our audiences, including a Jargon Buster, an LCEP Climate Hub and 154 posrs including bloES, case studies and resource5. Thi5 resulted in over 21,000 users visited the London Plus website. 3 74% increase compared to the previous year Refresh of our brand Delivering 10 campaigns, including Tales of Covid develop and 13unch of two LCEP videos and the Creative Health Impact Framework Improving our social media presence with our Facebook reach 8rowing by 223% and our Linkedln followers growin8 by 93A The London plus Impact Re ort 2024L25 IhttPs.-/llondonplu5.prglimpact-report/l, published August 2025, provides further information on our achievements in the period. Financlal Revlew London Plus remain5 crucially dependent on core funding from City Bridge Foundatlon ICBFI and the Greater London Authority IGLAI. 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 Kroup5 in London lincluding in emergencies). Alongside new initiatives and responses to emergencies, this funding enables us to continue to support key infrastructure networks covering all 32 boroughs in London which enables us to be a truly pan London organization. Our networks are independent of any funder. Part of their value lies in this independence. They are owned by the sector and they can be directly shaped by the sector and its need5. 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 CBF and the GLA. LCEP is funded via separate restricted grants from both CBF and the GLA. LCEP funding for the entire partnership is received by London Plu5, With elements of the funding then distributed to other organisations lincluding British Red Cross who host VCSEP). LCEP funding is also Lssed to support the work of the London Boroughs Faiths Network ILBFNI under this arrangement London Plus acts as employer for one of its members of staff. and pays for the direct costs of activities. Page 7
Greater London Volunteering known as London Plus Trustees. Report Our unrestricted reserves were reduced to £62.776 {2024: £64.4531. Given the expansion of the organisation to include LCEP and LBFN Dur unre5trirted reserves are now slightly below the level that would be needed to completely close the orgarbiS8tion in the case of an unexpected interruptlDn in funding. The Tru5tee5 are keepinB this position under active review. and full fundin8 is in place for the 25126 budget. The nature of London Plus's work and our funding makes it difficult to build further unrestricted reserve5. If we receive fundinE and deliver work that allows us to extend the funding we receive in grant from CBF and others. this remains restricted under the term5 of these grants. LCEP funding is also restricted. It remains an ambition to build up unrestricted reserves. Funding re<elved in this perlod City Bridge Foundotionfundlng Funding from CBF grants w35 Used for the salaries of the Chlef Executive, Networks Manager, Data and Research Analyst, Communications and Engagement Manager, Communications Officer and Operations Manager. It 8150 covered central office costs and overheads. The grant in 2024125 was £125.000, the last of three years of funding covering 2022/23 to 2024125. CBF also made an emer8ency gr8nt in 2024125 of £60,000 to ensure that London Plus was able to continue its work through a period of change at both CBF and the GLA Isee below). City Bridge Foundation agreed a grant of £642,500 to support the development of LCEP over the period 2022123 to 2025126. The payment in 2024/25 was £228,760. This sum is shared with VCS Emergencies Partnership {VCSEPI, our partner in LCEP. £141.069 01 the 2024125 year grant was paid to VCSEP. In addition. {smallerl portion of the funding will be on-granted to the London Boroughs Faiths Network ILBFN). GLAfunding We received a £46,000 grant frDm the GLA io fund oursupport for London Communities. The GLA also agreed grant5 totaling £25,000 to 5UPPOrt work on cornmuvTity resilience. We also received £8,000 from the GLA which was on-granted to the LBFN for community resilient faith training. We received a grant of £50,000 to support the London Social Prescribing Network. £10,000 of this was to complete the Creative Health Framework. £40.000 of this funding was for the final year of this Network which included specific funding for the post of Social Prescribin8 Programme Manager. This resulted in the post being made redundant in April 2025. The GLA agreed a grant of £IOO,000 for LCEP over four years. This was to be paid over the period 2022/23-2025126. The payment in 2024125 was £33,000. We also received £30,000 from the GLA towards LCEP work in 2025126, and £10,000 to go towards Community Exercise work. Pa8e 8
Greater London Volunteering known as London Plus Trustses, Report Reserves Policy The charity maintain5 reserves sufficient to enable it to fulfil its charitable objectives. The Board of Trustees regularly reviews the charity's risk-based resee5 policy. Loss of funding is deemed the greatest risk to the organisation and loss of a primary funder could lead to the closure of the charity. The Trustees are aware that unrestricted reserves remain slightly below the level that would be needed to meet the full costs of complete closure in the event of an unanticipated interruption in fundin8 but full funding is confirmed for the 25126 financial year. The Trustees regularly review the re5erve5 Position alongside forward-looking budget5 and cash flow analysi5. Strurture. Governance and ManaEement Governln8 Document The organisation is a charitable company limited by guarantee, incorporated Dn 12th September 2000 and was registered as a charity in England and Wales on 13th July 2006. The company was established under a Memorandum ofAssociation which established the objects and powers of the charitable company and is governed under those Articles. The company replaced the existing Memorandum and Articles of A5SOCiation with new Articles of Association on 6 February 2018. The legal name of the company remain5 Greater London Volunteering. During thi5 period, the company continued to use the brand name London Plus. Recruitment and Appointment of Trustees The recruitment and appointment of Trustees are Set out in our Articles of Association. Trustees are elected annually at the AGM. At the third annual general meeting after a Trustee's last appointment (whether by election or co-optionl a Trustee shall retire. They shall be eligible for re-appointment provided that no Trustee may continue to serve after six years in offlce without a period of at least 3 year out of office and no Trustee may serve for more than nine years in total. For the purposes of this Article131.1) a °yeart shall mean a complete period of service between two annual general meetings. Page 9
Greater London Volunteerlng known as London Plus Trustees, Report Trustees and officers The trustees and officers serving during the year and since the year end were as follows: Trustee5= Edward Anderton Adw03 Fadahunsi Stephanie Hann Sanjan Haque (appointed 4 June 20251 Annabel Igelhart (appointed 4 June 20251 Renae Mann Sarah Mulley Dominic Pinknev Penny Wilson lappointed 4 June 20251 Jonathan Winter {3ppointed 4 June 2025} Chair: Sarah Mulley Trustee Indurtlon and Trainlng New Trustees are provided with an induction on joininE the Board and are encouraged to take up relevant training and development to fulf il their role and responsibilities to London Plus. 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. A risk register is maintained by the organisation which sets out key strategic and operation21 risks in the context of the charit¢s mission. These are rated occording to likelihood and impact, and mitigating action5 included alongside. The Risk Register is reviewed regularly by the CEO and Operations Manager and shared with Trustees every 6 months. The Trustees believe that there are in place adequate controls and systerns to mitigate external and internal risk5 the charity may face. Key risks identified include.. a competitive fundraising climate and the end of two core funding agreements, and mitl8ations Put in place include engaging in discussions With long-term funders regardin8 and stakeholders about their support, approaching a wider range of funders for funding and reducing organisational c05ts. Page 10
Greater London Volunteering known as London Plus Trustees, Report Additional risks to the delivery of our mission this year include the challenge of holding a broad pan London, multi-issue perspective wSth a small team, and and staff retention and development. Mitl8ations for the former risk have included working more closely as a team to focus on key priorities although allowing flexibility to convene organisations on ad hoc issues of importance as well a5 Strengthening how we work with partners and improving our ability to share insights with funders and policy makers. On the latter risk, we have a small, supportive and c105e-knit staff team and have aimed to provide open communications and engaged them in the changes we have made. Alongside this, the organisation has been piloting (now agreed policy) the four day working week which staff feedback shows helps them achieve better work life balance, feel le5S Stressed and contributes to intention to stay with the organisation. Stakeholders were 5UPPOrtive of the chan8e, with three quarters saying that they had seen improved staff morale as 3 result of the change. Or8anlsation Over the financial year London Plus sustained and deepened its support for London's voluntary. community and faith sector. The year was marked by significant internal change with the departure of our lOntandIng CEO Imartin Brooke51 and the appointment of an interim CEO (Robert Bell) during the search for a permanent successor. followed by the appointment of Geethika Jayatilaka as new CEO. The organisation also faced financial challenges and reduced core costs as a result. With a reduced staff team, new strategic approaches were developed for research and data, and communications. Management Day-to-day management Is delegated to a small staff team. led by a Chief Executive. During this reporting period. the Chief Executive was.. Martin Brookes (left the organlzation 16th June 20241; Robert Bell linterim CEO from 8th July 2024 to 28th February 20251,. and Geethika Jayatilaka (from 20th January 2025), Statement of trustees, responslbllltles The trustees (who are also the directors of Greater London Volunteering fcsr the purposes of cornpany lawl are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kin8dom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ire12nd" 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 view of the state of affairs of the charitable 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: selert suitable accounting policies and apply them Consistently: observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent- state whether applicable accountin8 standards, comprising FRS 102 have been followed, Subject to any material departures disclosed and explained in the financlal statements,. and prepare the financial statements on the goin8 concern basis unless It is inappropriate to presume that the charitable company will continue in business. Page 11
Greater London Volunteering known as London Plus Trustees. Report The trustees are responsible for keeping Proper accounting records that £an disc105e with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charstable company and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. The trustees are responsible for the maintenance ènd integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may dlffer from legislation in other jurisdictions. Small companies provision statement This report has been prepared in accordance with the small companie5 regime under the Companie5 Att 2006. The annual report was approved by the trustees of the charity on 5 December 2025 and signed on its behalf by: Sarah Mulle Chair and trustee Page 12
Greater London Volunteering known as London Plus Independent Examiner's Report to the trustees of Greater London Volunteerlng {'the Company,) I report to the charity trustees (who are also Directors for the purpose of company lawl on my examination of the accounts of the Greater London Volunteering I'the charitable companVI for the year ended al March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. 15 29 This report is made solely to the charity's trustees. as a body, in accordance with section 145 of the Charities Art 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 charity's trustees as a body. for my work, for this report, or for the opinions I have formed. Responsibilitles and basis of report As the charl5 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 Att and are eligible for independent examination. I report in respect of my examination of vour charivs accounts as corried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515)Ibl 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 considers in giving their opinion on the rinancial statements, The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the financial 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 examinerfs 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 ctsnfirm that l am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examin*ion giving me cause to believe: accounting records were not kept in respect of Greater London Volunteerin8 as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examinatlon,. or 4. the accounts have not been prepared in accordance with the method5 and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance wlth the Finèncial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021. Page 13
Greater London Volunteering known as London Plus Independent Examiner's Report to the trustees of Greater London Volunteering ('the Company,) I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. rim Sullivan FCA Field 5ulliv3n Limited 9 Hare & Billet Road Blackheath SE3 ORB D3te:....... Page 14
Greater London Volunteering known as London Plus (Reglstratlon number: 04070342) Balance Sheet as at 31 March 2025 2025 2024 £ {As reststed) Note Fixed assets Tangible assets li 4,530 3,119 Current assets Debtors C35h at bank and in hand 12 17.964 169.792 47.051 251,681 13 187,756 298.732 Creditors: Arnounts falling due withln one year 14 (45.586} 130.363) Net current assets 142,170 268.369 Net assels 146,700 271,488 Funds of the (harlty: Restrlrted income funds Restrirted funds 83,924 207,035 un$trItted income funds Unrestricted funds 62,776 64,453 Total fund5 16 146,700 271,488 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 ofthe Companies Art 2006 relating to small companies. Directors, responsibilitie5'. The members have not required the Iharity to obtain an audit of its accounts for the year in question in accordance with section 476,. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 15 to 29 were approved by the trustee5, and authorised for issue on 5 December 2025 and signed on their behalf by.. arah Mulley Chair and trustee The notes on pages 18 to 29 form an integral part of these financial statements. Pa8e 16
Greater London Volunteering known as London Plus Statement of Cash Flows for the Year Ended 31 March 2025 2025 2024 £ {As restated) ote Cash Ilows from operating artlvlties Net cash expenditure 1124,7881 12,6711 Adjustments to cash flows from non-cash items Depreciation 1.857 1.040 (122,9311 11.6311 Worklng capital adjustments Decrease in debtors Increase/ldetreasel in creditors Decrease in deferred income 12 29,087 15.223 14.153 135,626) 14,0001 14 Net cash flow5 from operating activitie5 178,621) 127,104) Cash flows fvom investlng activitles Purchase of tangible fixed assets li {3,2681 14,1591 Net decrease in cash and cash equivalent5 {81.8891 131,2631 Cash and cash equivalents at l April 251,681 282,944 Cash and cash equivalents at 31 March 169,792 251,681 All of the cash flows are derived from continuing operations durin8 the above two periods. The notes on pages 18 to 29 form an integral part of these financial statements. Page 17
Greater London Volunteering known as London Plus Notes to the Financlal Statements for the Year Ended 31 March 2025 I Charity ststus The charity is limited by guarantee, incorporated in England. and consequently does not have sh3re capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the asset5 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 2025 2 Accountln6 policies Summary of significant accounting pDlicies and key accountlng estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been con5i5tently applied to all the years presented. unless Otherwise stated, Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191- (Charities SORP IFRS 1021 Second edition October 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). They also cofflply with the Companies Act 2006 and Charities Act 2011. Basis of preparation Greater London Volunreering meet5 the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical c05t or tr3nsaction value unless otherwise stated in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue a5 a goin8 concern nor any significant are35 of uncertalDty that affect the carrying value of assets held by the charity. Page 18
Greater London Volunteering known as London Plus Notes to the Financlal Statements for the Year Ended 31 March 2025 Judgements and l(ey sources of estimation un¢ertainty In the application of the charity's accounting policies. the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and Ilabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historlcal 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 ongolng basis. Revisions to accounting estimates are reco8nised in the periods in whlch the estimate is revlsed 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 is probable that the income will be received and the amount of the income receivable can be measured reliably. Grants re¢eivoble Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are atrached to the grant and are yet to be met, the income is recognlsed as a liability and included on the balance sheet as deferred income to be released. Expendlture All expenditure is recogni5ed once there is a legal or constructive obllgation 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 directly attrlbuted to particular headin8S 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 asseys use. Other support costs are allocated based on the spread of staff Costs. Churitoble activltles Charitable expendlture comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such artivities and those costs of an indirert nature necessary to svpport them. Gn7ntprovislons Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. Support costs Support costs include central functions and have been allocated to artivity c05t categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs bythe time spent and other costs by their usage. Page 19
Greater London Volunteering known as London Plus Notes to the Financial Ststements for the Year Ended 31 March 202S Taxation The charity is considered 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 capit31 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 ig92, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed a55et5 COStin8 £500.00 or more are initially recorded at cost, les5 Bny subsequent accumulated depreciation and subsequent accumulated impairment10sses. Depreciation and amort15Otion Depreciation is provided on tangible fixed assets 50 3S to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Office equipment Deprec+atlon method and rate straight line over 4 years Trade debtors Trade debtor5 are amounts due from customers for merchandise sold or service5 performed in the ordinary course of business. Trade debtor5 are recogDised initially at the transaction 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 objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equivalents Cash and cash equiv8lent5 comprise cash on hand and call deposits, and other 5hort-term highly liquid investments thot are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right. at the end of the reporting 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 liabilities. Trade creditors are recognised initially at the transactlon price and subsequently measured at amortised cost using the effective interest method. Page 20
Greater London Volunteering known as London Plus Notes to the Financial Statements for the Year Ended 31 March 2025 Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The charity operates a defined contribution pension scheme which is 3 pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contribution5 even if the fund does not hold sufficient assets to pay all employees the benefits reloting to employee service in the current and prior period5. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contrlbution due for service. the excess is recognised as a prepayment. 3 Incoffle from donations and leEa¢ies Restricted funds Total 2025 Total 2024 Grants, including capital grants- City Bridge Trust - Core City Bridge Trust - LCEP GLA- Social Prescribing GLA- LCEP 185,000 228.760 50.000 73.000 25.000 46.000 8,000 79,266 185,000 228,760 50,000 73.000 25,000 46.000 8.000 79,266 175.000 232.610 55,000 33,000 112.750 70,000 10.000 4.000 GL4- Community Resilience GLA - London Volunteering Strategy Group GLA - Training Other grants 695.026 695,026 692,360 4 Income from charitable act5vities Unrestricted funds General Total 2025 Totsl 2024 Other income 305 305 65 Page 21
Greater London Volunteering known as London Plus Notes to the Financlal Statements for the Year Ended 31 March 2025 S Expendlture on charltable aclivities Total 2025 Total 2024 £ (As restated) 12,465 27.277 70,291 426 Note Project costs Recruitment 26,399 18,400 86.993 760 Consultancv Staff training Equipment repairs and renewals Computer 50ftware and maintenance Subscriptions Conference Travel and subsistence Grant funding of activities Staff costs 19,365 3,615 7,258 2,177 252,873 381.198 21,081 14.258 6.145 3.356 1.008 250.193 297.315 12,355 Support costs 820.119 695,096 6 Analysis of support costs Total 2025 Total 2024 Rent and rate5 1,766 604 1,739 754 Insurance Office expenses Sundrie5 Advertising Accountancy Independent examination Legal and professional Bank charges Depreciation of office equipment 1.325 2,089 1,104 5.792 2.670 3.474 400 1,417 418 42 4.057 2,580 308 1.857 1,040 21.081 12.355 Page 22
Greater London Volunteering known as London Plus Notes to the Financial Statements for the Year Ended 31 March 2025 7 Grant-making 2025 2024 Name of institution Bexley Voluntary SeNice Council Bexley Voluntary Service Council British Red Cross Activity Exercise Community Work Community Resilience LCEP 800 2,500 85,500 5.000 115,966 5,000 British Renewal Trust (Haringey) Camden Volunteer Bureau Community Resilience Volunteering for Health Programme Exprcise Community Work Community Resilience Community Resilience Community Resilience Community Resilience Community Resilience Community Resilience Community Resilience Community Resilience Exercise Community Work Community Resilience Exercise Community Work Community Resilience Community Resilience Exercise Community Work Community Resilience LCEP 67.073 800 COMMUNITY Barnet Community Barnet COMMUNITY Barnet 4.906 5,000 5,000 5.000 5,000 4,500 4,962 5,000 Community Links Bromley Community Southwark Croydon Voluntary Action CVS Brent 2.500 Ealing CVS Enfield Voluntary Action Greenwich Volunteer Centre Greenwich Volunteer Centre Havering Volunteer Centre Havering Volunteer Centre Islington Vounteer Centre Kignston Voluntary Action Kignston Voluntary Action London Boroughs Faiths Network London Boroughs Faiths Network Richmond CV5 2,500 800 5,000 800 5,000 s.000 800 5,000 15.000 55.000 18,000 2,500 Training Fund Community Resilience Community Resilience Community Resilience Community Resilience Community Resilience Community Resilience Communtty Resilience Community Resilience Community Resilience Exercise Community Work Communlty Resilience 4,920 5,000 Thames Community hub Thames Life 2.500 2.500 VC Kensington & Chelsea VC Sutton 5,000 5.000 4,942 5.000 Voluntary Action Camden Volvntsry Action Camden Voluntary Action Harrow Voluntary Action Harrow Co-op Volunteer Centre Hackney Volunteer Centre Hackney 2.500 5.000 800 2,500 4.997 Page 23
Greater London Volunteering known as London Plus Notes to the Financial Statements for the Year Ended 31 March 2025 Volunteer Centre Hammersmith & Fulham Volunteer Centre Lewisham Community Resilience 2.500 5,000 5,000 250,193 Community Resilience 252,873 8 Trustees remunerallon and expenses No trustees. nor any persons connected with them, have received any remuneration from the charity during the year. No trijstees have received any reimbursed expenses or any other benefits from the charity during the year. 9 Staff costs The aggregate payroll cost5 were 3s follows: 2025 2024 Staff costs durlng the year were: Wages and salaries Soclal securlry Costs Pensicn costs 335.931 29,743 15,524 263,219 22.639 11,457 381,198 297,315 The monthly average number of persons (including senior management I leadership team) employed by the charity durin8 the year expressed as full time equivalents was as follows.. 2025 No 2024 No Choritable activities 712024 - 61 of the above employees participated in the Defined Contribution Pension Schemes. No employee received emoluments of more than £60,000 during the year. The chief executive officer, as the highest paid member of staff, received benefits totalling £51,49312024 £79,826). IQ Taxatlon The charity is a registered charity and is therefore exempt from taxatlon. Page 24
Greater London Volunteering known as London Plus Notes to the Flnancial Statements for the Year Ended 31 March 2025 11 Tangible fixed assets Furnlture and equlpment Total Cost At l April 2024 Additions 4,159 3,268 4,159 3,268 At 31 March 2025 7,427 7,427 Depreeiatson At l April 2024 Charge for the year 1,040 1.857 1,040 1.857 At 31 March 2025 2.897 2,897 Net bookvalue At 31 March 2025 4,530 4.530 At 31 March 2024 3,119 3.119 12 Debtors 2025 2024 Trade debtors 6,000 3,271 8.693 Prepayments Ac£rued income 551 46,51)0 17,964 47,051 13 Cash and cash equivalents 2025 2024 Cash at bank 169,792 251,681 Page 25
Greater London Volunteering known as London Plus Notes to the Financial Statements for the Year Ended 31 March 2025 14 Credltors: amounts falling due withln one year 2025 2024 Trade creditors Other credltors 5,858 4.506 35,222 22,&84 2,098 5.381 Accruals 45,586 30,363 IS Penslon and olher schemes Deflned contribution penslon scheme The charity operates a def ined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £15,52412024 - £11,457). 16 Fund5 Balance at 31 March 2025 Balante at I ApTiI 2024 Incomln8 resources Resources expended Transfers Unrestricted funds General General Funds 64,453 305 4,014 15,996} 62,776 Restrirted funds City Bridge Trust Chelsea Westminster Health GLA- Social Prescribing LCEP GLA- Community Resilience GLA- Training GLA- London Volunteering Strategy 15.919 185,000 79,266 50,000 301,760 25,000 8,000 1200,9191 179.2661 170.6801 1344,2681 125,0001 {8,0001 17,434 126,432 12,7501 3,246 83.924 2,750 50,000 46,000 {96,0001 207.035 695,026 1824,1331 5,996 83.924 Tot•1 funds 271,488 695,331 1820.1191 146.700 Page 26
Greater London Volunteering known as London Plus Notes to the Financial Statements for the Year Ended 31 March 2025 Balance at 31 March 2024 Balance at I Aprll 2023 Inwming resources Resources expended Translets Unrestricted funds 6enernl General Funds 62,051 65 2,391 (54) 64,453 Restrlcted funds City Bridge Trust GLA- Social Prescribing GLA- Small Grants GLA- London Lifelines 83,472 1,242 19.830 6,932 8,563 92,069 175,000 55.000 1242,5531 {38,8081 {19,8301 {6,9861 18.5631 1245.247) 1115,500) 15,919 17,434 54 NA5P LCEP GLA- Community Resilience GLA- London Volunteering Strategy 279.610 112,750 126.432 12,7501 70,000 120,0001 {697,4871 50.000 212.108 692.360 54 207,035 Total funds 274.159 692,425 1695,0961 271,488 Page 27
Greater London Volunteering known as London Plus Notes to the Financlal Statements for the Year Ended 31 March 2025 The specific purposes for which the funds are to be applied are as follows: City Bridge Trust - funds for salaries and running costs. Chelsea Westminster Health- fund5 fi)r 'VolunteerinE for Health: NCL Volunteering Plus, project. GLA - Social Prescribing funds from Greater London Authority towards the 'London social Prescribing Network, project. LCEP - funds from City Bridge Trust and Greater London Authority to SUPPOrt the work of the London Communty Emergencies Partnership. GLA - Community Resilience project. funds from Greater London Authority towards 'Community Resilience Fund, GLA Tr3ining funds from Greater London Authority toward5 'Community Resilience Faith Training, programme. GLA- London Volunteering Stategy- funds from Greater London Authority towards salaries and running costs. Transfers between funds Agreed by the Board to do a transfer from unrestricted funds to finance the deficit on- 'GL4 - Social Prescribing, as the funding came to an end- 'GL4 - Communit¥ Re5ilience' to cover the overspent on the project. Page 28
Greater London Volunteering known as London Plus Notes to the Flnancial Statements for the Year Ended 31 March 2025 17 Analysis ot net assets between funds Unrestrlcted funds General Total funds at 31 March 2025 Re5tri¢ted tund5 Tangible fixed assets Current assets Current liabilitie5 4,530 103.832 145,5861 4.530 187.756 {45.586} 83,924 Total net assets 62,776 83,924 146.700 Unrestrirted funds General Total funds at 31 March 2024 Restrirted funds Tangible fixed assets Current assets 3.119 91,697 130,3631 3.119 298.732 130,363) 207,035 Current liabilities Total net assets 64,453 207,035 271.488 18 Related party transactions Due to London Plus's status as an umbrella body for London-b35ed volunteer centres, a number of trustees are involved with the governance/management of these organisations. The work of London Plus is such that a number of transactions arose with some of these organi5ation5 as part of its routille charitable activity. The trustees are satisfied both th3t all related parties and potential conflicts of interest have been appropriately declared and recorded, and that such tran5aCtlons have been carried out on an arrn's length basis with individual trustees recusing themselves from specific decisions as necessary. Page 29