Charity reglstratlon number 1117546 Company reglstratlon number 05333784 (England and Wales) ROTHER VOLUNTARY ACTION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
ROTHER VOLUNTARY ACTION LEGALAND ADMINISTRATIVE INFORMATION Trustees Caryl Cook Timothy Hemmings Simon Hubbard Sally Jayasekera OINer Jeffs Clive Mills Linda Seddon (Appointed 18 October 2023) Charlty number 1117546 Company number 05333784 Ragistsrgd offlce 47 London Road Bexhlll-on-sea East Sussex TN39 3JY Independent examlnef McPhersons CFG Llmited 23 St Leonards Road Bexhill-on-sea East Sussex TN40 1HH
ROTHER VOLUNTARY ACTION CONTENTS Page Trustees, report Independent examinerfs report Statement of finandal acllvltles Balanc8 sheet 10 Notes to the financial statements
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 VA'S Chairm re rtAnn l Acco 202 -202 This year, April 2023 -march 2024, RVA staff and Trustees have worked with stakeholders and community partners to continue to develop and consolidate our offer. Our aim is to be the best support mechanism we c£)uld be to the Voluntsry, Community or Social Enterprise sector (VCSE) across Rother. Our offer follows four key areas: Leadership and advocacy - Mobilising and encouraging community action, strengthening our sectors Vol and Influen on key decision makers and funders Partnerships and collaborations - Creating opportunities and driving effective joint working by building netsvorks of local organisations and strategic partners. Capaclty bulldlng - Providing practical support and development for local people and organisations, to nurture skills and build community resilience. Volunteering - Building an environment in which volunteers and their communities thrive by encouraging and nurturing volunteering opportunities. RVA had a leadership change with a new CEO, Kim Richards, appointed in June 23. Other key leadership appointments were made, and a dear structure developed which will allow for gr0h within the staff team. A Senior Leadership Team has been established to support strategic development, share best practice, focus on key opportunities and d)allenges to best manage our resources. In addition, working groups have been set up involving a cross section of staff in the following key areas.. Events and Training - Monitoring and development of our neIorkS and training offer. Evidence and Insight - oversee RVA'S data management and digital presence, ensuring that our systems are robust, effective, and capable of demonstrating the impact of our core offer to the sector Wellbeing - Our staff are our biggest asset, and we aim to do everything we can to support them. Through our Wellbeing champions and we are working towards the Bronze award for Wellbeing in the Workplace which is offered through East Sussex County Council. Following a successful consultation in 2021, with voluntary sector organisations across Rother, it was clear that the community, the VCSE sector and partners will benefit from a community hub space. This will bring about co- location of services and enable a more joined up approach to serving our community. RVA were delighted to have been awarded £1 m in January 2024 following our application for central government Department for Levèlling up Funds. Since the end of the financial year a building has been secured and we hope to be moved in by June 25.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our priorities in 2023 evolved following appointment of our new CEO.. 1. To continue to find ways to fund and grow RVA'S core work - developing our community networks,. adVI- giving, support and training. Working dosely with the East Sussex Voluntsry Actions and infrastructure organisations to ensure consistent support across the county, share best practice and resources. 2. Create a strong customer service journey that is streamlined through RVAS core offer to ensure flexible support to meet the needs of Rothers voluntary sector. Ensbling RVA to map and monitor the impact of the VCSE offer in Rother. RVA as advocate, catalysUarchitecUf8cilitator. 3. Develop and deliver a community hub strategy and action plan aligned to Rothers emerging Anti-Povety Strategy and known VCSE wider stakeholders need across Rother. Identify, purchase and fit out an appropriate building and work in partnership to service the community of Rother with an accessible shared space supported by outreach Hubs in rural areas. 4. Develop and grow RVAS Volunteer and Trustee brokerage service, work in partnership with 3VA and HVA to develop a consistent offer across East Sussex. Embed the emerging digital platForm developed by ESCC on behalf of the sector, alongside volunteer fairs, training for volunteers and Trustee recruitment.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS and PERFORMANCE against thos8 prlorltle8 1. To continue to find ways to fund and grow RVA'S core work: This has continued to reveal how valued and trusted RVA is as a local partner and resource for communities. This is clear in the enthusiasm to work with us. the rising demands for our sUPPOrt and the requests we have reiVed from key strategic partners such as RDCIESCC to help them shape their community support as they restructure their services. We are working closely with your local Voluntary Actions and we are also forming other alliances via the East Sussex VCSE alliance 2. Create a strong customer service journey" A number of our processes have been reviewed in an effort to cut waste and make us more efficient. Work did stsll on the development of the CRM system whilst we reviewed our options but digital transformation is now a key priority for24125. 3. Develop a community Hub stratsgy and identify a building - The building has now been secured and the important work is underway to establish the best way for this Spa to serve the community and Rothers VCSE. 4. Develop our Volunteer Hub: IAle know, as a result, of the Pandemic that volunteering is high on the agenda of many of the organisations we support with requests for Trustees, Digital brokeragelrecruitment and micro- volunteering offers. RVA secured ndIng from ESCC, Little Chainey Wind Fami and Reaching Communits"es in 2022 to start a Volunteer Hub and Trustee Brokerage service. Our offering is growing steadily with a number of volunteering opportunities being available on our website. RVA and the other VA'S have been working dosely with ESCC to develop a digital volunteer brokerage platform called TRIBE that was launched in Novemtsr 2023. Project delivery April 2023- March 2024 This is our core offer of support. Key activities include but not limited to: Support and advice to the sector Networks and events training Third sector representation Profile building Delivering Key perfonnance indicators to East Sussex County Council and Rother District Council which will help shape policy. an RVA has a new marketing and communications team with the aim of strengthening our brand and offering communications and marketing support to our projects. core team and the organisations we work with across Rother. A key aspect of this work will be to develop and maintain our digital presence. RVA alongside 4 other organisations in East Sussex deliver The Making It Happen project. Using an Asset Based Community Development {ABCD) we support groups and individuals wanting to start groups or community initiatives. It is clear from our work that community groups need to be supported not only with decision making pro8$eS such as setting up a group, creating policies and proCedUs, recruiting stsff andlor volunteers, but also with finding the right funding opportunities that can support the long-temi sustainability of those groups. This, ¥ do not only through researching and finding appropriate grants. but also through grants available through the Making It Happen project, such as Small Sparks, Next steps and Grow grants.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Since the start of the Making It Happen project in October 2019, RVA have supported over 100 different community initiatives and groups, and in the year to March 24 a number of grants were awarded to groups across Rother By enabling community groups through intemal funding, we not only help them to start their journey, but we also facilitste access to infomiation and promote inclusion and support groups to have a vol. The Volunteer Brokerage continues to provide a Volunteer and Trustee brokerage service that establishes personal connections beeen groups and individuals within the Rother District. Ve have been working with HVA and 3VA on a new volunteering platform, Tribe, that is being set up by ESCC. The platft)rni went live in the second half of 2023 and provides an easy way for potential volunteers and organisations to register an interest and link up for any volunteering opportunÉties. During the year we have run a series of events and training sessions for volunteers. The highlight of these events is the volunteer awards at ourAGM which recognises the work of volunteers across the Rother District. le have built an area of the website specially for Volunteers, Trustees and Volunteer Managing Organisations. This includes live opportunities. Volunteer Taster Days. Volunteer Managing Templates, Trustee Managing Templates and the Governance Health-check. During the year funding was obtained from East Sussex County Council to develop a local food neork and a wider approach to food access and sustainability. A designated officer has been appointed and a programme of small grants was distributed to local groups to help then grow, prepare and distribute food. li In March 2022 we requested and were granted funding to provide a Community Development worker to support Ukrainian guests and hosts. Our role has been multrf8ceted and has evolved and focuses on four key areas: Connecting the communities with each other. Nurturing and supporting community cohesion through events and activities Continuing to allocate a dedicated grants scheme Supporting host families Our strategic aims for the coming year -2024125 in light of our change of CEO will show little change from the prevlous year. Vve will be renewing our National Association for Voluntary and Community Action (NAVCA) award which is now known as the Local Infrastructure Quality Accreditation (LIQA). Aligning to this award will drive our strategy which will be reviewed towards the end of the financial year. Financial Position The year 2023124 saw an unrestricted operating deficit of £34.451 (£15,803 surplus in 2022123). Income from grants and donations was £215,342 and from charitable activities £213,979 (compared to £203.330 and £395,732 in 2022123). Expenditure on charitable activities for the year totalled £445,400 (£584,810 in 2022123) of which £274,849 (£312,589 2022123) was Spent on staff costs representing 61.71% (53.45% 2022123) of RVA'S charitsble expenditure.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Reserves policy It is the policy of the trustees to maintain sufficient reserves to ensure the day to day running of the charity and, in the event of any unforeseen circumstances, to support existing projects for fixed periods until funding is secured and to cover staff costs obligations and administrative costs. The general fund reserves at the yearond amounted to £259,958 (2023: £294,409). Major risks Rlsk management The key risks to the organisation are.. The withdrdwal of contracts from Public servi organisations and the impact this has in managing the long-term strategy of the organisation Increasing concerns about the availability of funding from charitable and n0Charitable sources that can be accessed for Rother. Likely further cuts to Public Service finances. The loss of any key experienced staff members. Rother Voluntary Action, like msny voluntsry organisations, continues to face challenges to maintain its financial operating reserve. At this point the Rother Voluntary Action board is satisfied that actions already taken or are planned are sufficient to enable the organisation to navigate through the continued financial turbulence affecting, particularly, the Public Sector and its partners. Structure, governance and management Rother Voluntary Action is a company limited by guarantee and is govemed by its Memorandum and Articles which were integral part of the incorporation on 17th January 2005. On 1 Oth January 2007 the company became a Charity registered with the Charity Commission. At tts AGM on the 8th December 2020 a resolution was passed to change the legal structure of the Charity to a Charitable Incorporation Organisation (CIO). RVA is awaiting confirmation of the change of structure from the Charity Commission. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial ststements were: Caryl Cook Timothy Hemmings Simon Hubbard Sally Jayasekera Oliver Jeffs Clive Mills Linda Seddon (Appointed 18 October 2023) Recruitment and appointment of tnistees The management of Rother Voluntary Action is the resFX)nsibility of the Trustees who are elected under the terms of the Memorandum and Artides. The Trustees may appoint a person who is willing to act as a trustee, ather to fill a vacancy or to act as an additional trustee provided that the appointrnent does not cause the number of trustees to exceed the maxirnum number. Only persons who are members of the company shall be eligible to become trustees. None of the charty's trustees receive any remuneration.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Induction and training of tmstees Rother Voluntary Action follows the same process of recruitment and Induction whether a potential board member is nominated or co-opted. ATI potential board members are asked to completed an application pack and are interviewed by a suWroup of the board. Board members will then decide whether to Ci>opt or to recommend nomination to members at the AGM. The Chief Executive Officer Is responsible for coordinating the Induction process and giving opportunities to get to know the organisation. The trustees, report was approved by the Board of Trustees. Timothy Hemmings Trustee .3.c5'.S'.4.P 1 ...2.oZQ
ROTHER VOLUNTARY ACTION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROTHER VOLUNTARY ACTION I report to the trustees on my examination of the financial ststements of Rother Voluntary Action (the charity) for the year ended 31 March 2024. Responslbllltles and basis of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordan with the requirements of the Companies Act 2015 (the 2006 Having satisfied myself that the financial statements of the charity are not required to be audited under Part 18 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of th8 Charities Act 2011 (the 2011 Act). In carying out my examination I have followed all the applicable Dlrections given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confinn that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales. which is one of the listed bodies. I have completed my examlnation. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe that In any material respect.. accountlng records were not k8Pt in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of sectlon 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 examlnatlon,. or the financlal statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK arrj Republic of Ireland (FRS 102). I have no concems 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 und8rstsnding of the financial statements to be reached. P•t•r Wattèrs FCA BFP McPhersons CFG Limited 23 St Leonards Road Bexhill-on-sea East Sussex TN40 1HH -/0- 20-LF
ROTHER VOLUNTARY ACTION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Current flnanclal year Unrestrlcted Unrestricted funds funds general deslgnated 2024 2024 Restrlcted funds Total Total 2024 2024 2023 Notes Income from: Donations and legacAes Charitable activities Investments 215,342 126,094 7.752 215,342 213,979 7,752 203,330 395,732 1,550 87,885 Totsl Income 349,188 87,885 437,073 600,612 Expendlture on: Raising funds Charitable actlvlties 29,732 353,907 61,761 91,493 353,907 120,754 464.056 Total expenditure 383,639 61,761 445,400 584,810 Net Incomel(expendlture) and movement in funds (34,451) 26,124 (8,327) 15.802 Reconclllatlon of funds: Fund balances at 1 April 2023 251,065 43,344 294,409 278,607 Fund balancas at 31 March 2024 216,614 43,344 28,124 288,082 294,409 The statement of financial activities includes all galns and losses recognised in the year. All income and expenditure derive from continuing activities.
ROTHER VOLUNTARY ACTION STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Priorflnanclal year Unrestrfcted Unrestrlcted funds funds general deslgnated 2023 2023 Total 2023 Notes Income from: Donations and legacies Charitable activities Investments 203.330 395.732 1,550 203,330 395,732 1,550 Total Income 600,612 600.612 Expendlture on: Raising funds Charltable activities 120,754 464,056 120,754 464.056 Total expendtture 584,810 584,810 Net Income and movement In funds 15.802 15,802 Reconclllatlon of funds: Fund balances at 1 Aprll 2022 235,263 43,344 278,607 Fund balances at 31 March 2023 251,065 43,344 294.409
ROTHER VOLUNTARY ACTION BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets 13 3,793 1.545 Current assets Debtors Cash at bank and in hand 14 8,370 405,255 44,198 440,527 413,625 484,725 Creditors: amounts falling due within one year 15 (131,336) (191,861) Net current assets 282,289 292,864 Total assets less currnnt liabllltl8S 288,082 294.409 Not assets •xcludlng penslon Ilablllty 286,082 294,409 The funds of the charlty Restricted income funds Unrestricted funds - general Unrestrlcted funds - designated 17 26,124 216,814 43,344 251.065 43,344 18 286,082 294,409 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006. forthe year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 3a £..cPr Eo: ¢ The financial statements were approved by the trustees on .... . Timothy Hemmings Trustee Company registration number 05333784 (England and Vwdles) 10-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Charlty Information Rother Voluntary Action is a private company limited by guarantee incorporated in England and INales. The registered office is 47 London Road, Bexhill-orpsea, East Sussex, TN39 3JY. 1.1 Accounting convention The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The charity has taken advantsge of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which Is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financlal statements have been prepared under the historical cost convention. The principal accountlng policies adopted are set out below. 1.2 Golng concern At the time of approving the financlal statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trLStees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charftable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set OLrt in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintsined by the charity. 1A Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably, and it is probable that income wll be received. Cash donations are recognised on receipt. Other donations are recognised once the chartty has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacie5 are recognised on receipt or othepwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent ass8t. 11
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliabSy. Expenditure is classified by activty. The costs of each activity are made up of the total of dIrt costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset'5 use. 1.6 Tanglble fixod assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impaiment losses. Depreciation Is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the followlng bases- Computer equipment 33% on cost The gain or loss arising on the disposal of an asset is deterniined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.7 ImpalMnt of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to detemiine whether ther8 is any indication that those assets have suffered an impairment loss. If any such Indication exists, the recoverable amount of the asset is ests'mated in order to determine the extent of the impairment loss (if any). 1.8 Cash and cash equlvalents Cash and cash equivalents include 3h in hand. deposits held at call with banks, other short-term liquid investment5 Wlth original maturities of three months or less, and bank overdrafts. Bank overdrafts are shovm within borrowings in current liabilities. 1.9 Financial Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognise(J in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc flnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price indudlng transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 12-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recogni5ed at transaction pri unless the arrangement constitute5 a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction Pri and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilltles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Tennination benefits are recognised immediately as an expense when the charlty is demonstrably committed to terminate the employment of an employe8 or to provide termination benefits. 1.11 Retlrement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Criti1 accountlng estlmates and Judgements In the application of the charity's accounting policies, the trustees 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 estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revisian affects both current and future periods. Income from donations and legacles Unrestrlcted funds 2024 Unrestricted funds 2023 Grants 215,342 203,330 13-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donatlons and legacles {Conllnuedl Unrestricted Unrestrlctsd funds funds 2024 2023 Grants received, includ•d in the above. are as follows Rother District Council East Sussex County Council Homes for Ukraine 38,000 61,642 115,700 38,000 57,330 108.000 215,342 203.330 Income from charitable activities 2024 2023 Project income and support Communty accounting Meeting room hire Other income 189,149 2,240 395,577 45 110 22,590 213,979 395,732 Analysis by fund Unrestricted funds- general Restricted funds 126,094 87,885 395,732 213.979 395.732 Income from Investments Unrestrlcted Unrestrfcted funds funds 2024 2023 Interest receivable 7,752 1,550 14-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on ralsing funds Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestricted Restrlcted funds funds 2023 2023 Total 2024 2023 Fundraising and publicity Projects 29,732 61,761 91,493 120,754 120,754 Expenditure on charltable actlvltles 2024 2023 Dlrect costs Payroll costs Depreciation and impairment Project costs Rent & office costs Telephone and internet Travel & hospitality Fees. licences, subscriptlons and publications Marketing and promotlons Bank charges Trainings and course fees Other staff costs Rates, building repairs, utilities and deaning Room hire Insurance stationery and computer 8xpens8S 274,849 2,690 36,289 7,451 4,429 4,525 3,536 1,593 74 312,589 1,277 88,737 8,177 4.934 4.200 5,824 97 2,740 3,044 18,272 2.641 2,499 3,769 978 7,204 640 3,064 3.011 350,697 463,466 Share of 5UPPOrt and governance costs (see note 8) Govemance 3,210 590 353,907 464,056 Anatys15 by fund Unrestricted funds - general 353,907 464,056 2024 2023 Govemance costs compris8: Legal fees Independent examiner fees Annual retum fee 1,482 1,680 48 61 516 13 3,210 590 15-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Net movement in funds 2024 2023 The net movement in funds is stated after chargingl(crediting): Depreciation of owned tangible fixed assets 2.690 1.277 10 Trustees None of the trustees (or any persons connected with them) received any remuneration or beneffts from the charity during the year. 11 Employees The average monthly number of employees during the year was.. 2024 Numbèr 2023 Number 14 13 Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 249,028 15,068 10,757 283,648 17.145 11.796 274,849 312.589 There were no employees whose annual remuneration was more than £60,000. 12 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 16-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Tangible fixed assets Computer oquipment Cost At 1 April 2023 Additions 25.633 4.938 At 31 March 2024 30.571 Depreciation and impaimient At 1 April 2023 Depreciation charged in the year 24.088 2.690 At 31 March 2024 26.778 Carrying amount At 31 March 2024 3.793 At 31 March 2023 1.545 14 Debtorn 2024 2023 Amounts falllng due wlthln one year: Trade debtors Other debtors 8,370 7,900 36,298 8,370 44,198 15 Creditors: amount5 falling due within one year 2024 2023 Payments received on account Trade creditors other creditors Accruals and defeed income 93,363 20,498 15,045 2,430 152,840 7.956 20,485 10.580 131,336 191.861 16 R•tirem•nt benefit schemgs 2024 2023 Definéd contributlon schemes Charge to profit or loss in r8SP8Ct of defined contribution schemes 10,757 11.796 17-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 R•stricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2023 Incomlng resources Resources At 31 March expended 2024 Heart of Sidley 87,885 (61,761) 26,124 87,885 (61,761) 26,124 Note to the Restricted funds Heart of Sidley This is for the redevelopment of the changing rooms at Sidley Recreation ground into a Community building. This project has received Levelling Up monies and the partnership are contributing around £160k to the cost. 18 Unrestricted funds - deslgnated These are unrestrlcted funds which are material to the charitls activities. At 1 Aprll At 31 March 2023 2024 43,344 43,344 Prevlous year: At 1 Aprll At 31 March 2022 2023 43,344 43,344 19 Unrestricted funds The unrestricted funds of the charty comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resources At 31 March expended 2024 Gengral funds 251,065 349,188 (383,639) 216,614 18-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Unrestricted funds (Continued) Prevlous year: At 1 Aprfl 2022 Incomlng resources Resources At 31 March expended 2023 General funds 235,263 600,612 (584,810) 251,065 20 Analysis of net assets between funds Unrestrlcted Unrestricted funds funds general designated 2024 2024 Restrlcted funds Total 2024 2024 At 31 March 2024: Tangible assets Current assetsl{liabllities) 3.793 212.821 3,793 282,289 43,344 26,124 218,614 43,344 26,124 286,082 Unrestrfctsd Unrestrlcted funds funds g•n•rdl designated 2023 2023 Restrlcted funds Total 2023 2023 At 31 March 2023: Tangible assets Current assetsl(liabilities) 1,545 249,520 1,545 292,864 43,344 251,065 43,344 294,409 21 Operating lease commitments Lessee At the reporting end date the charity had outstanding commitrnents for future minimum lease payments under non-cancellable operating leases, which fall due as follows- 2024 2023 Within one year Between two and five years 7,500 7,500 7,500 15.000 15,000 22.500 22 Relatsd party transactlons There were no disclosable related party transactions during the year (2023 - none). 19-