Charlty registrdtion number 1117546 (England and Wales) Company registration number 05333784 ROTHER VOLUNTARY ACTION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ROTHER VOLUNTARY ACTION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Caryl Cook Timothy Hemmings Simon Hubbard Sally Jayasekera Oliver Jeffs Clive Mills Linda Seddon Mr T J Hemmings Mr C N Mills Charlty number (England and Wales) 1117546 Company number 05333784 Registered office 47 London Road Bexhill-on-sea East Sussex TN39 3JY Independent examiner GallowaysAccounting {Bexhill) Limited 23 St Leonards Road Bexhill on Sea East Sussex TN40 1HH
ROTHER VOLUNTARY ACTION CONTENTS Page Tnjstees. report Independent examinefs report statement of financial activities Balance sheet Notes to the financial statements 10-19
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 This year, April 2024 -march 2025, RVA staff and Trustees have worked with stakeholders and community partners to continue to consolidate our offer. Our aim is to be the best support mechanism we could be to the Voluntary. Community or Social Enterprise sector IVCSE) auoss Rother. Our offer follows for key areas.. Leadership and advocacy - Mobilising and encouraging community action, stngthening our sectors voice and influence on key decision makers and funders Partnershlps and collaborations - Creating opportunities and drivlng effective Joint workn.ng by building neorkS of local organisations and strategic partners. Capacity buildlng Providing practical support and development for local people and organisations, to nurture skills and build community resilience. Volunteerlng - Building an environment in which volunteers and their communits'es thrive by encouraging and nurturing volunteering opportunities. Followng the leadership change in June 23 our CEO, Kim Richards has worked Vth the Senior Leadership Team to share best practice, look at key aspects that affect the organisab'on and tD best manage our reSoUrs. In addition, working groups Involving a cross section of staff continue to advise in the following key areas". Events and Training - Monitoring and developfflent of our netwotks and tiaining offer. Eviden and Insight - oversee RVA'S data management and digital presence, ensurin9 that our systems are robust, èffectivo, and capable of demonstrating 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 RVA have achieved the bronzè award for VJellbeing in the WorkplaeA which is offered through East Sussex County Counul. Following a successful consultation in 2021, with voluntary sedor organisations across Rother, rt was clear that the community, the sector and partners wll benefit from a community hub Space. This will bring about 9-locatIon of ser¥ice5 and enable a more joined up approach to semng our community. RVA were delighted when they were awarded £1 m in January 24 following our application for Levelling up Funds. Since the end of the finanaal year a building has been secured and we hope to be moved in by June 26. Some of our key priorities in 2023124 continued in 2024125 with some additions: 1. To continue to find ways to fund and grow RVA'S core work - developlng our community networks, advice-givlng and training. Working closely with HVA and 3VA where possible arKI gain greater ieath aGros5 Ihe COLnty, share best practice and resources. 2. Create a strong customer service joumey that is streamlined through RVA that meets the needs of the Voluntary sector and we can monitor and map the VCSE across Rother and who RVA serves, understanding their place in an organisationai life-cycle an¢J clantying their needs. RVA as advocate, catalysvarchitecvfacilitator. 3. Develop a community hub and VCSE cWorkIng Strategy and Action plan in partnership with Rothers VCSE and wider stakeholders. aligned to Rothers Anti-Poverty Strategy. Identify an appropriate building and work in partnership to service the community of Rother with an accessible shared spao. 4. Continue to develop and grow our Volunteer and Trustee brokerage service, work in partnership with community development delivery partners and Rothers VCSE to develop a consistent offer across East S u55ex. Embed the emerging digital plafft)mi developed by ESCC on behalf of the sector, alongside volunteer fairs, training for voiunteers and Trustee recruitment. 5. Imth key contracts coming to an end review our staffing structure to best suit the changing requirements of the organisation. Due to forecaste(I loss of Income and rising costs durin9 2025 RVA needed to make some changes to core budgets and core service delivery. Furthermore, the impact of stakeholder cuts on Rother's VGSE, RVAS key beneficiaries, means that our Gore offer of tsupport needs to pivot and be fl¥xible t(1 enable us to meet changing and rising need with reduced resources. 6. Renewal of our NAVCA (Nats'onal Associth'on for Voluntsry and Communty Action) accreditation.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS and PERFORMANCE against those priorities 1. To contlnue 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 rerce for communitses. This is clear in the enthusiasm to work with us, the rising demands for our support and the requests we have received from key strategic partners such as RDC to help them shape their community SUPPOrt as they restructure their serVis. We are working closely with our local VoluntaryActions and we are also fomiing other alliances via the newly created VCSE alliance 2. Create a strong customer servlce Journey: A number of our processes have been reviewed in an effort to cut waste and make us more efficient. Work did stall on the development of the CRM system whilst we reviewed our options, however, having secured some additional funding worf( is continuing at pa. 3. D8velop a community Hub stratsgy and Identlfy a building - The building was secured in June 24 and whilst we eXperiend some delays with the current tenant. progress is being made, and we expect to open in tho Summer of 2026 4. Develop our Volunteer Hub: We know. as a result, of the Pandemic that volunteering is high on the agenda of many of the organisations we support wth requests for Trustees. Digital brokeragelrecruitment and micro- volunteenng offers. F<VA secured lunding trom ESCC, Little Chainey Wind Fami and Reathing Communities in 2022 to start a Volunteer Hub and Trustee Brokerage servi. Our offering is growing steadily wth a number of volunteering opportunities being available on our website. RVA arKI the othei VA'S have been working closely wrth ESCC to develop a digital volunteer brokerage platform called TRIBE that was launched in NovemtEr 2023. 5. Organisational restructure This was completed prior to the end of the finanaal year. The restructure unfortunately saw us lose two staff through redundancy and others taking reduced hours. Our staff costs, which are by far, our largest expense are now in line with our revenue. 6. NAVCA accreditatlon - Evidence sUbMed prior to the end of the financial year, and we can conffirm that in June 25 we were accredited for a further 3 years Project dellvery April 2024- March 2025 This is our core offer of support. We were SUsSful in re tendering for our contract with ESCC, initially for a 3 year period, with an option for a further 2. Key activities include but not limited to: Support and advice to the sector Networks and events training Third sector representation Profile building Delivering Key performance indicators to East Sussex County Council and Rother District Council which will help shape policy. 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 worf< with across Rother. A key aspect of this work will be to develop and maintain our digital presence. This project concluded at the of March 25. RVA alongside 4 other organisation5 in East Sussex deliver The Making It Happen project. Using an Asset Based Community Development {ABCD) we support groups and tndividuals wanting to start groups or cornmunity initiatives.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 It is clear from our work that community groups need to be supported not only with dttision making processes such as setting up a group, creating policies and procedures, recruiting stsff an¢Yor volunteers, but also with finding the right funding opportunities that can support the long-term sustainabilty of those groups. This, we 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. Since the stsrt 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 a0$5 Rother By enabling community groups through intemal furKJing, we not only help them to start their joumey. but we also facilitate access to infomiation and promote indusion and support groups to have a voice. Volunteering remains high on the agenda of many of the organisab'ons we support. with recruith'ng Kblunteers and Trustees a priority. To meet this need, RVA'S online listing Serv1 continues to expand. with 89 volunteer opportunities from approximately 37 organisations listed since September 2024. We also continue to support East Sussex County coUrI,S online volunteer lists'ngs platfomi, Tribe. RVA'S quarterly Volunteer Coor(Jinatoffs Fowm, in collaboration with HVA, is consisiently popular as it enters its second year, with around 40 organisation3 attending to date. PartiGipanls ate predominantly Volunteei Coordinators who value the opportunty for peer-leaming and mutual support. A continued focus is on celebrating and promoting volunteering. We do this via our annual volunteer awards and Volunteers Week. We particularly want to reach younger audiences and those from diverse backgrounds who facé more barriers to volunteering. We have been working dosely with Job Centre Plus and local schools and colleges to raise awareness of volunteering as a pathway to employment. The Volunteer Hub is funded until April 2027 by The Nats'onal Lottery Reaching Communtts'es Fund. During the year funding was obtained from East Sussex County Councrl to develop a local food network and a wider approach to food actsss and sustainability A desnated offirw has been appointèd, and a programmg of small grants was distributed to local groups to he5p then grow, prepare and distribute food. This work has already gained good traction, developed new partnerships and connections. 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 multtfaceted and has evolved and focuses on four key aroas.. Connecting the communrties wilh each other. Nurturing and supporting community cohesion through events and activities Continuing to allocate a dedicated grants scheme Supporting host familie8 Financlal Position The year 2024125 saw an unrestricted operats.ng deficit of £45,698 (£34,451 in 2023124). Income from grants and donations was £234,540 and from charitable activib'es £278,368 (compared to £215,342 and £213,079 in 2023124). Expenditure on charitable activikn.es for the year totalled £568.332 (£445.240 2023124) of which £354.150 {£274.849 2023124) was spent on staff costs represenkn.ng 62% (620kn 2023124) of RVA'S charrtable expendrture.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ReseNos 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 fundng is secured and to cover staff costs obligations and administrative costs The general fund reserves at the year*nd amounted to £212,309 (2024: £259,958). Risk management The key risks to the or9anisation are: The withdrawal of contracts from Public servi organisations and the impact this has in managing the long-term strategy of the organisab'on Increasin9 con¢erns about the availabilty of funding from charitable and noTrGharitable 50urGes that Gan be access for Rothor. Likety further cuts to Public Service finances. The loss of any key experienced staff member. Rother Voluntsry Action, like many voluntary organisations, conts'nues to face challenges to maintain its financial operating reserve. At this point the Rother Voluntary Action board is satisfied that actions already taken ar are planned are sufficient to enable the organisats.on to navigate through the conkn.nued financial turbulence affecting. particularty. 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 incorporats'on on 17th January 2005. On 10th January 2007 the company became a Charity registered witli the Charity CoTlltnis5ion. The trustees, who are also the direcEors for the purpose of company law, and WF served during the year and up to the date of signature of the financial ststements were: Caryl Cook Timothy Hemmings Sitnon Hubbard Sally Jayasekera Oliver Jeffs Clive Mills Lin(Ja Seddon Mr T J Hemmings Mr C N Mills Recruitment and appointment of trustees The management of Rother Voluntary Action is the responsibility of the Trustees who are elected under the terms of the Memorandum and Articles. The Trustees may appoint a person vtho is willing to act as a trustee, ather to fill a vacancy or to act as an additional trustee provided that the appointment does not cause the number of trustees to exceed the maximum number. Only persons who are niembeis of the cotnpany shall be eligible to become rustees. None of the charity's trustees receive any remuneration. Induction and tTrining of trustees Rother Voluntary Action follow5 the same process of recnjittnent and InduGlion whether a potential board member Is nominated or CLOpted. All potential board members are asked to completed an application pack and are intèNiewed by a sub4roup of the board. Board member8 will then ijecide whether to ctropt 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.
ROTHER VOLUNTARY ACTION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees. port was approved by the Board of Trustees. Timothy Hemmings Trustea Date..
ROTHER VOLUNTARY ACTION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROTHER VOLUNTARY ACTION I report to the twstees on my examination of the finanrial ststemenls of Rother Voluntary Adion (the charrty) for the year ended 31 March 2025. Responslbllltles and basls of report As the truslees of the charity (and also its direthrs for the purposes of company law), you are responsible for the preparation of the financial stat&ments in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial ststemenls of the chaiity are not required to be audit8J under Part 18 of the Companies Act 2006 and are eligible for independent examination, I réport in respect of my examination of the ch8rity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the D1CtionS given by the Chaiity Commission under section 145(5)(b) of the Charities Act 2011. Independent examlne¢s statement Since the charity's gross income e¥ceeded £250,000. the independent examiner must a mèmber of a body listed in section 145 of the Charities Act 2011. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountsnts in England and Wales, which is one of the listed bodies. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect". accounting records were not kept in respect of the charity as required by sedion 386 of the Companies Act 2006. the financial statements do not accord with those records,. or the financial statements do not comply wth the accounting requirements of section 396 of the CompEnies Act 2006 other than any requirement that the financial statements give a true and fair view, which is nd a matter considered as part of an independent examination", or the financial statements have not been prepared in accordan with the methods and principles of the Statement of Recommended Practi for accounvng ana repofting by cnarities applicable to chanties preparing their financial statements in accordan wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems an(1 have Gome across no othei mattets in connection with the examination to byhich attenlioi) should be dravm in this report in order to enable a proper understanding of the financial statements to be reached. Peter Watters FCA BFP Galloways Accounting {Bexhill) Limited 23 St Leonards Road Bexhill on Sea East Sussex TN40 1HH Date(J.' /o_io-TriC
ROTHER VOLUNTARY ACTION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current financial year Unrestricted Unrestrlcted funds funds general designated 2025 2026 Restrlcted funds Total Totsl 2025 2025 2024 Notes Income from: Donations and18g8ciès Charitable activities Investments 234,540 180,656 10.821 234,540 278,368 10,821 215,342 213,979 7,752 97,712 Total Income 426.017 97,712 523,729 437,073 Expenditure on: Raising funds Charitable activities 28,186 443.529 96,617 124,803 443,529 91,493 353,907 Total expendlture 47).715 96,617 568,332 445,400 Net Incomeiiexpenditure) (45.698) 1,095 (44,603) {8,327) Transfers betrNeen funds 41,393 (43,344} 1,951 Net movement in funds (4,305) {43.344) (44,603) (8,327) Reconclllation of funds: Fund balances at 1 April 2024 216,614 43,344 26.124 286,082 294,409 Fund balances at 31 March 2025 212.309 29,170 241,479 286,082 The statement of financial activities includes all gains and losses recognise(J in the year. Ail income and expenditure derive from continuing activits'es.
ROTHER VOLUNTARY ACTION STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prfor flnancial year Unrestricted Unrestricted Restrl¢tsd funds funds funds general designated 2024 2024 Total 2024 2024 Notes Incom8 from: Donations and legacies Charitable activities Investments 215,342 126,094 7.752 215,342 213,979 7,752 87,885 Total incomè 349.188 87,88S 437,073 Expenditure on- Raising funds Charitable aGtivits'es 29,732 353,907 61,761 91,493 353,907 Total expendlture 383,639 61,761 445,400 Net Incomellexpenaiturei and movement In ftinds (34,451) 26,124 IB,327) Reconclllatlon ol tunds: Fund balances at 1 April 2023 251,065 43,344 294,409 Fund balances at 31 March 2024 216,614 43,344 26,124 286,082
ROTHER VOLUNTARY ACTION BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Fixed as80ts Tangible assets 13 2.164 3,793 Current assets Debtors Cash at bank and in hand 14 9.885 261.974 8.370 405,255 271.859 413.625 Crnditors: amounts falling due within one year 15 (32.544) {131.336) Net current ass•ts 239.315 282,289 Totsl assets less current Ilabilltle8 241,479 286.082 The funds of the charity Restricted income funds Unrestricted funds - general Unrestricted funds- designated 17 19 29,170 212,309 26,124 216,614 43,344 241,479 286,082 The company is entitled to the exemption from the audii requiremenl Ixjntained in section 477 of the Companies Act 2006, for Ihe year ended 31 March 2025. The dlrectors acknowledge thelr respon*bllllle8 for rnpn9 wmi the requirements of the Companles Act 2006 with respect to accounts'ng records and the preparation of financial statements. The members have not qUired the company to obtain an audit of its firncIal statements for the year in question in accordance with eection 476. These financial $tatÈments havg b•gn ppar8d in accordanca with th• provisions appli¢ablg to companies Bubject to the small Companies giMe. The financial statements were appro ty the tfustees on ... Timothy Hemmings Trusteo Company registration number 05333784 (Efiand and Wales)
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies Charity information Rother Voluntary Action is a piivate company limited by guarantee incorporated in England and Wales. The registered office is 47 London Road, Bexhill-on-sea, East Sussex, TN39 3JY. 1.1 Accounting convention The financial ststements of the charitable company, which is a public benefft entity under FRS 102, have been prapared in accordance with the Charities SORP "Accounting and Reporting by Charitiets.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of IrelarKI (FRS 102)" (effective 1 January 2019). Financial Reporting Standard 102 Tr FinancAal Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The charity has taken advantsge of the proifjsions in the SORP for charities not to prepare a Statent 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 rounOe(I to the neast £. The financial statements have been ppared under the nistoiical cost conventson. The pnncipal accounting policies adopted are t out below. 1.2 Golng concem At the time of approving the finanaal statements, the trustees have a reasonaL)ie expectation that the Charity has adequate resourrEs to continue in operational existen for the foreseeable future. Thus the trLEtees Gontinue to adopt the going conGem basis of accountin9 in prepatitNJ the financial statemeiits. 1.3 Cliaritable fund5 Unrestricted funds are available use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds ale subjeci to specific wnditions by donors 01 granloT5 as to how they may be used. The purposes and uses of the restricted funds are set oui in the notes to the financial statements. Endovmient funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised Ythen the charity is legalty 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 donattons are reGognised on receipt. Other donations are recognised once the GhaTity has been nolified of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacie8 are regniSed on receipt or otherwise if the charty has been notified of an impending dBtribution, the amount is knovm. and reIpt is expeded. If the amount is not known, the legacy is treated as a contingent asset. 10-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure 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 beneffts will be required in setttement, and the amount of th8 obligation can be measured reliably. Expenditure is classffied by activty. The costs of each activity are made up of the total of diwt costs and shared costs, including support costs involved in undertaking each activty. Direct costs attributable to a single activity are allocated directly to that activty. Shared costs which contribute to more than one activity and support costs vthich are not attrrbutable to a single activity are apportioned between those adivitEs 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's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of uepreciation and any Impairment losses. Depreciation is recognised so as to Irte off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computer equipment 330k on cost The gain or loss arising on the disposal of an asset is detemiined as the drfference between the sale proceeds an(J Ine carying value of the asset. and is recognised in the statement of financial activities. 1.7 Impaimient of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine wnetner inere Is any indication that Vlose assets have suffered an impairment loss. If any such indution exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impaiment loss (if any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call wth banks, other short-temi liquid investments With original tnatutities of three nionllis or lebs, aiid bank overdtafts. Bank oveidrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has eleded to apply the provisions of Section 11 'Basic Finanaal Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of rts financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, Vth 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 liabilty simultaneously. Basic financial assets Basic llnanciai assets, which indude debtors and cash and bank balances, are initially measured at transaction pri including transath'on costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing tiansadion, where the transacLion is measured at the present value of the fuiure receipts discounted at a market rate of interest. Financial assets classifiod a$ receivable wthin one yoar ar8 not amortistad. 11
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, induding creditors and bank loans are inrtially recognised at transaction price unless the arrangement constitutes a finanung transaction, where the debt instrument is measured at the psent valu8 of the future payments discounted at a market rate of interest. Financial liabilities dassified 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 acquId in the ordinay course of operations from suppliers. Amounts payable are classffied as current liabilits-es rf payment is due within one year or less. If not, they are presented as non-current liabilities. Trade credrtors are recognlsed inrtially at tran5aGtion pritr and subsequently measured at amortised Gost Using the effeGtive interest method. Derecognltion of financial liabilities Financial liabilities are derecognise(J wnen Ihe chanty's contractual obiigallons expire or are dlscnargecl or cancelled. 1.10 Employee beneffts The CTJSI of any unused holiday elvlittetnent is re(yJgni5e(l in the period in which the employee's serViS are received. Tem?ination beneffts are recognised immediateiy as an expense when the charity is demonstrably committed to termin8tÈ thp employment of an employee or to provide temiingtion benefits 1.11 Retlrem•nt benefits Payments to defined contribution retirement benefft schemes are charged as an expense as they fall du&. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilitigs that are not readily apparent from other SoUrs. The estimates and asscciated 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 underfying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the penod in which the estimate is revised where the revision aff8Cts lY that peri¢xI, or in the period of Ihe revision and fvrture periods where the revision affects both current and future periods. Income frofn donaUon5 and legacles Unrestrlcted funds 2Q25 Unrestrlcted funds 2024 Donations and grfts 234,540 215,342 12-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies (Continued) Unrestricted Unrestricted funds funds 2025 2024 Donatlons and gifts Rother District Council East Sussex County Council Homes for Ukraine 38,000 158,840 37,700 38,000 61,642 115,700 234,540 215,342 Income from charitable activities Total 2025 Total 2024 Project income and support Community accounting other incomÈ 234.075 43,248 1,045 189.149 2,240 22,590 278.368 213,979 Analysis by fund Unrestricted funds - general Restricted funds 180,656 97,712 126,094 87,885 278,368 213,979 InG0E from Investments Unrestrictea Unrestricted funds funds 2025 21J24 Interest receivable 10,821 7,752 13-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on raising funds Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Fundralsing and publlcity Projects 28.186 96,617 124,803 29,732 61,761 91,493 ExpendItU on charltable actlvities Total 2025 Total 2D24 Direct costs Staff costs Depreciation and impairment Project costs Rent and office costs Telephone and intemet Travel and hospitality Fees, licen$, subscriptions and publications Marketing and promotions Bank charges Training and course fees Sundry expenses Other staff costs Rates, buildino repairs.utilities and deaning Room hire Insurance Stationery and computer expenses 354,150 2,398 28,684 14,137 10,922 1.753 9,659 851 62 702 2,eJdg 274,849 2.690 36,289 7,451 4,429 4,525 3,536 1,593 74 364 978 7,204 640 3,064 3,011 5,240 3,358 3,486 3,265 441.660 350,697 Share of support and governance costs (see note 8) Goveman¢e 1,869 3,210 353.907 Analysis by funfl Unrestricted fijnds - general 443,529 353,907 Support Gl)sts alloGated to actlvltles Total 2025 Total 2024 Governance 1,869 3,210 14-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvities (Contlnued) 2025 2024 Governance costs comprfse: Audit fees Legal and professional 1,800 69 1,680 1,530 1,869 3,210 Net movement in funds 2025 2024 The net movement in funds is stated after ChargIn(creditIng). Fees payable for the independent examfflats'on of the charity's financial statements Depreciation of owned tangible fixed assets 1,800 2,398 1,680 2,690 10 Trustees None of the trustees (or any persons connected with them) reiVed any remuneration or benefits from the charity during the year. 11 Employees The average monthly number of employees during the year was: 2025 Number 2024 Number 15 14 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 275.529 61,156 17,465 249,026 15,066 10,757 354,150 274,849 There were no employees whose annual remuneration was more than £60.000. 12 Taxation The charity is exempt from taxation on its activities because all its inG(xne is applied for Gharitable putposes. -15-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tangible fixed assets Computer equiwnont Cost At 1 April 2024 Additions 30,571 789 At 31 March 2025 31,340 Depreciation and Impaim7ent At 1 April 2024 Depreciation charged in the year 26,778 2,398 At 31 March 2025 29,176 Carrylng amount At 31 March 2025 2,164 At 31 March 2024 3,793 14 Debtors 2025 2024 Amounts falling due within one year: Trade debtors 9,885 8,370 15 Creditors: amounts falllng due within one year 2025 202d Paymerrts received on account Trade credilors Other creditors Accruals and deferred income 24,198 6.086 93,383 20,498 15,045 2,430 2,260 32,544 131,336 16 Retlremont benefft schemes 2025 2024 Oeflned contribution schemes Charge to profit or loss in respect of defined contribution schemes 17,465 10,757 16-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Restricted funds The restricted fvnds of the charsty 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 April 2024 Incoming rosources Resources expended Transfern At 31 March 2025 Heart of Sidley Volunteer Hub 26.124 38,847 58,865 (35,801) {60,816) 29,170 1,951 26,124 97,712 {96,617) 1,951 29,170 Prevlous year: At 1 Apni 2023 Incomlng resources Resources expended Transfers At 31 March 2024 Heart of Sldley 87,885 (6J.761) 26,124 Note to the Restricted funds H rt fsidl This is for the redevelopment of the changing rcK)ms at Sidley Recreation grwnd into Community building. This project has received Levelling Up monies and the partner3hip are contributing around £160k to the cost. yolullt- The charity was awarded funds by the Nab'onal Lottery as a contribution to core fijnds would enable RVA to deliver CVS support. training. funding surgerieslforumslpeer supporv oovemance guidance to the sector and individuals. 18 Unrestricted funds - designated These are unrestricted funds which are material to the charity's actsvities. At l Aprll 2024 Transfer5 At 31 March 2025 Designated funds 43,344 (43,344) Prevlous year: At 1 Aprll 2023 Transfers At 31 March 2024 Designated funds 43.344 43.344 17-
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specifi¢ conditions by donors and grantors as to how they may be used. These include designated funds vthich have been set aside out of unrestricted funds by the trustees for specific purposes. At l April 2024 Incomin9 Resources resources Oxponded Transfers At 31 March 2025 General funds 216,614 426,017 {471,715) 41,393 212,309 Prevlous year: At l Aprfl 2023 Incoming Resources resources expended Transfers At 31 March 2024 General funds 251,C£5 349,188 {383,639} 216,814 20 Analysis of net assets between funds Unrestricted Unrestrlcted funds funds general de51gnated 2025 2025 Restricted funds Total 2025 2025 At 31 March 2026: Tangible assets Current assetsl(Siabilib'es) 2,164 210,145 2,164 239,315 29,170 212,309 29,170 241,479 Unrestricted Unrestricted funds funds general designated 2024 2024 Restricted funds Totsl 2024 2024 At 31 March 2024: Tangible assets Current assetsl(liabiSities) 3,793 212.821 3,793 282,289 43.344 28.124 216.614 43,344 26.124 286.082
ROTHER VOLUNTARY ACTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Operating lease commitments Lessee At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2025 2024 thin one year Between two and five year5 7,500 7,500 7,500 7,500 15,000 15,000 22 Related party transactlons There were no disclTh8able related party transactions during the year (2024 - none). 19-