2021-03-31-accounts - Wansbeck Centre For Voluntary Service

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			Page
Trustees' Annual Report			1-15
Independent Examiner's	Report		16
Statement of Financial Activities
(incorporating an Income and Expenditure		Account)	17
Balance Sheet			18
Notes to the Accounts			19-29

Summary	of	Balance	Sheet		Appendix	I
Summary	of	Income	and Expenditure	Account	Appendix	II
Summary	of	Reserve	Account		Appendix	III

finance ofthe	organisation.
		2021 5	2020f
Unrestricted funds		49,684	16,842
Restricted funds
		49,684	16,842
TOTAL	SURPLUS
As a result ofthis, at 31 March 2021 the total reserves		which were being carried	forward were:
		2021	2020
		8	F
General	Reserve	162,333	111,934
Fixed Asset Fund		2,143	2,858
TOTAL	RESERVES CARRIED FORWARD	164,476	114,792

				Restricted	Total		Prior year
			Note	Unrestricted	Income	Funds	Funds
				Funds	Funds	2021	2020
				F	E	6	6
INCOME AND ENDOWMENTS		FROM:
Charitable activities
Grants/commissions				20,000	651,953	671,953	337,271
Core fund management	fees,
expenses recovered	and	commissions		84,627		84 627	74 859
Investment income
Bank interest				119		119	316
TOTAL				104,746	651,953	756,699	412,446
EXPENDITURE ON:
Charitable activities				53,232	650,513	703,745	392,980
Other				3,270		3,270	2,624
TOTAL			4	56,502	650,513	707,015	395,604
NET INCOME/(EXPENDITURE)
FOR THE YEAR				48,244	1,440	49,684	16,842
Transfers between funds				1,440	(1,440)
NET MOVEMENT IN FUNDS				49,684		49 684	16842
RECONCILIATION OF FUNDS
Total funds brought forward				114,792		114,792	97,950
TOTAL FUNDS CARRIED FORWARD			11	164,476		164,476	114,792

							Total	Total
							2021	2020
INCOME AND ENDOWMENTS							F	6
Unrestricted income
Core Fund management		fees		and expenses		recovered	84,627	74,859
Bank interest received							119	316
Grant (COVID-19)							20,000
Total unrestricted income							104,746	75,175
Restricted income
Current year grant income:
Wansbeck CVS Core Fund							46,369	26,300
Re'Action Project							97,851	55,665
Funding Advice Project							122,193	104,139
Supported volunteenng	I	Bridge Northumberland					385,540	151,167
Total restricted income							651,953	337,271
TOTAL							756,699	412,446
			Staff		Support	Direct	Total	Total
			Costs 6		Costsf	Costs E	2021 E	2020 E
EXPENDITURE
(a) Analysis of total resources			expended
Unrestncted funds
Charitable activities			24,453		28,325	454	53,232	56,873
Other					3,270		3,270	2,624
Total unrestncted
resources expended			24,453		31,595	454	56,502	59,497
Restricted funds
Charitable expenditure	451,934				188,644	9,935	650,513	336,107
Total resources
expended	476,387				220,239	10,389	707,015	395,604

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a	WANSBECK CENTRE FOR VOLUNTARY SERVICE (a	WANSBECK CENTRE FOR VOLUNTARY SERVICE (a	WANSBECK CENTRE FOR VOLUNTARY SERVICE (a	company	company	limited	by guarantee)
Operating as NORTHUMBERLAND			COMMUNITY		VOLUNTARY ACTION
NOTES TO THE ACCOUNTS FOR THE YEAR				ENDED 31 MARCH			2021
			Project			Total	Total
EXPENDITURE continued			Support Governance f			2021	2020
(b) Analysis of support costs
Unrestricted funds
Premises costs			10,918			10,918 7,718
Office running costs			9,212		750	9,962	12,830
Independent examination		fees			2,520	2,520	2,064
Depreciation and capital	loss		715			715	952
Volunteers' expenses							750
Severance pay provision			5,000			5,000	5,572
Project running cost			2,272			2,272	5,226
Staff expenses			208			208
Total unrestricted expenditure			28,325		3,270	31,595	35,112
Restricted funds
Premises costs			41,027			41,027	17,695
Office running costs			46,132			46,132	22,871
Employee related costs			1,711			1,711	5,137
Volunteer expenses			1,815			1,815	6,086
Beneficiary support/training
and project cost			97,959			97,959	23,463
Total restricted expenditure			188,644			188,644	75,252
EXPENDITURE						2021f	2020f
(c) Analysis of governance costs
Independent Examiner's	remuneration					2,520	2,064
AGM Cost						750	560
						3,270	2,624
NET MOVEMENT IN FUNDS		FOR THE	YEAR
This is stated after charging
Depreciation —owned assets						715	952
Independent Examiner's	remuneration					2,520	2,064
						3,235	3,016
EMPLOYEES
During the financial year the	charity had		a maximum	of 23 employees (2020:19).
Remuneration was made up	as follows (all below f60,000):-
						2021 f	2020 f
Salanes						425,905	249,196
Employer national insurance						37,348	20,856
Employer pension contnbution						13,134	6,183
						476,387	276,235

NOTES TO THE ACCOUNTS FO	R THE YEA	R ENDED 3	1 MARCH 2	021
	Office	IT and
	Furniture	Database	Total	Total
	& Equip.	System	2021	2020
			E	6
TANGIBLE FIXEDASSETS
Cost
As at 1 April 2020	13,415	26,634	40,049	40,049
Additions
Disposals
As at 31 March 2021	13,415	26,634	40,049	40,049
Depreciation
As at 1 April 2020	11,298	25,893	37,191	36,239
Disposals
Charge for the year	530	185	715	952
As at 31 March 2021	11,828	26,078	37,906	37,191
Net book value at 31 March 2021	1,587	556	2,143	2,858

					Tota I	Total
					2021	2020
					E	6
8.	DEBTORS
	Core Fund				3,500	9,544
	Restricted	Funds Accounts			4,201	4,002
					7,701	13,546
					2021	2020
					6	6
	CASH AT BANK AND		IN HAND
	Bank balances are analysed			as follows:
	Unrestricted	funds
	Core Fund				217,883	145,367
	Core Fund money		held	for others	15,120	2,820
					233,003	148,187

	NOTE	S	TO	THE AC	CO	UNTS	F	OR THE Y	EA	R ENDED	31 MARCH	2021
											2021 f	2020 f
	CASH AT		BANK AND		IN	HAND	(continued)
	Restricted		funds
	Funding		Advice Project								9,959	5,559
	Re:Action			Project							61,653	58,207
	Volunteer			Centre							36,258	11,472
	Core	Fund									16,717	15,726
											124,587	90,964
	Petty	Cash balances									1,180	902
	Total										358,770	240,053
											2021	2020
												6
10.	CREDITORS:			Amounts		falling due within one				year
								Core		Restricted	Tota I	Total
								Fund		Funds
	Creditors	and accrued charges						8,077		4,940	13,017	11,952
	Deferred	income						7,500		124,501	132,001	87,893
	Provision	for severance			pay			44,000			44,000	39,000
	Funds held		for	others				15,120			15,120	2,820
								74,697		129,441	204,138	141,665
11.	TOTAL CHARITY FUNDS
											Gross
											Transfers
						Opening		Incoming	Resources		between	Closing
						Balance Resources F f			Expended 6		Funds 6	Balance 6
	Unrestricted					114,792		104,746		(56,502)	(1,440)	164,476
	Restricted							651,953	(650,513)		1,440
						114,792		756,699	(707,015)			164,476

	NOTES	TO T	H	E ACCOUNT	S FOR T	HE YEAR E	NDED 31 M	ARCH 2021
						Unrestricted	Restricted	Total	Total
						Funds	Funds	Funds	Funds
								2021	2020
						F	f	f	f
12	ANALYSIS	OFASSETS BETWEEN FUNDS
	Fixed assets					2,143		2,143	2,858
	Debtors					3,500	4,201	7,701	13,546
	Cash at bank and			in hand		233,530	125,240	358,770	240,053
						239,173	129,441	368,614	256,457
	Creditors					(74,697)	(129,441)	(204,138)(141,665)
						164,476		164,476	114,792
13.	ANALYSIS	OF CHARITABLE			FUNDS
					Funds at	Incoming	Resources		Funds at
					01.04.20 f	Resources f	Expended f	Transfers f	31.03.21 f
	Unrestricted	Funds
	General	Funds			114,792	84,746	(36,502)	1,440	164,476
	Grants					20,000	(20,000)
					114,792	104,746	(56,502)	1,440	164,476
					Deferred				Deferred
					Income	Incoming	Resources		Income
					01.04.20	Resources f	Expended f	Transfers F	31.03.21 f
	Restricted	Funds
	Core Fund				15,726	47,360	(44,929)	(1,440)	16,717
	Funding	Advice		a/c	4,500	127,693	(122,193)		10,000
	Volunteering		Support a/c		9,361	412,112	(385,540)		35,933
	Re:Action Project a/c				58,306	101,396	(97,851)		61,851
					87,893	688,561	(650,513)	(1,440)	124,501

ANALYS	IS	OF C	HARITA	BLE FUNDS continued
					2021	2020
					f	6
Restricted		Funds
Summary
Deferred	income		at 1 April	2020 b/fwd	87,893	26,924
Restricted		income - grants		received	688,561	398,240
					776,454	425,164
Deferred	income		at 31 March 2021 c/fwd		(124,501)	(87,893)
Adjusted	income		per SOFA		651,953	337,271
					2021	2020
						6
Unrestricted		Funds
Summary
Balance deferred			income	b/fwd
Unrestricted		income received			112,246	75,175
					112,246	75,175
Deferred	income		at 31 March 2021		7,500
Adjusted	income		per SOFA		104,746	75,175

					Balance	Incoming	Balance
				01.04.20		Resources	31.03.21
Core Fund (All grants treated as restricted			funding):		6		f
The Coalfields Regeneration Trust					10,000		8,026
Safer Culture North East —funded		by the
DCMS and the National Lottery Community				Fund	5,726	11,494	2,927
Sir James Knott Trust						5,000
The Joicey Trust						3,000
VCS Skills Fund						10,000	2,764
The Coalfields Regeneration Trust						13,044
NAVCA						3,000	3,000
Proctor &Gamble						822
NCC hosting fees						1,000
Projects:
ESF/National Lottery Community	Fund					412,113	35,933
NCC for Support Services Commission						100,000
National Lottery Community Fund		Awards		for All
Community Foundation —Sisters	and
North Steads Wind Farm Community			Benefit Fund		7,176		3,112
National Lottery Reaching Communities			Fund		29,411	48,020	37,874
Community Foundation: The Kellet		Fund			14,727		6,576
NCC Men in Sheds Project —asset-based
community development Newbiggin		by	the	Sea	1,508		1,508
Community Foundation —DCMS	NET		Fund			17,693
E.C. Graham Trust						10,000	10,000
Northumberland Care Trust						3,375	2,781
Bernicia Foundation						10,000	10,000
National Lottery Community Fund						40,000
					87,893	688,561	124,501

ALYSIS OF CHARITABLE nies held for others	FUNDS co	ntinued
					Total
	Vantage	Syrian	Ballinger		funds
	Fund	Refugeesf	Trust 6	CVS 6	held 6
Balance of 1 April 2020	2,328	492			2,820
Monies received		300	8,500	10,000	18,800
	2,328	792	8,500	10,000	21,620
Grants made in the year	2,000		4,500		6,500
Balance in hand
at 31 March 2021	328	792	4,000	10,000	15,120

Net reconciliation or	ope	rating surplus/deficit to cash flow fro	m operation acti	vities.
			2021	2020
			6
Operating surplus			49,565	16,526
Depreciation			715	952
Increase / decrease Increase /decrease	in debtors in creditors		5,845 62,473	(8,369) 62,517
Net cash from operating		activities	118,598	71,626
Net cash flow			118,598	71,626
Cash from investing	activities
Loans / interest paid
Interest received			119	316
Net charge from financial		activities	118,717	71,942
Cash at 31 March 2020			240,053	168,111
Cash at 31 March 2021		(as per balance sheet 31.3.21)	358,770	240,053

	Unrestncted	Restricted	Unrestncted	Restricted
	2021 F	2021f	2020 6	2020 F
TANGIBLE ASSETS	2,143		2,858
CURRENT ASSETS
Debtors & Prepayments	3,500	4,201	9,544	4,002
Cash at bank	233,003	124,587	148,187	90,964
Cash in hand	527	653	249	653
	237,030	129,441	157,980	95,619
CURRENT LIABILITIES
Creditors and accrued charges	8,077	4,940	4,226	7,726
Deferred income	7,500	124,501		87,893
Severance pay	44,000		39,000
Funds held for others	15,120		2,820
	74,697	129,441	46,046	95,619
NET CURRENT ASSETS	162,333		111,934
NET ASSETS	164,476		114,792
REPRESENTED BY:-
General reserves	162,333		111,934
Fixed asset funds	2,143		2,858
	164,476		114,792

		2021	2021	2020	2020
	Unrestricted		Restncted	Unrestncted	Restricted
		6	6	f	6
INCOME
Grants, management	fees
and expenses recovered		104,627	651,953	74,859	337,271
Bank interest		119		316
		104,746	651,953	75,175	337,271
EXPENDITURE
Premises running costs		10,918	41,027	7,718	17,695
Salaries and national	insurance	24,453	451,934	23,853	252,382
Staff related costs		208	1,711		5,137
Office running costs		10,416	46,132	13,362	22,871
Management charges			9,935		8,473
Volunteer expenses			1,815	750	6,086
Project running cost and
beneficiary support	and training	2,272	97,959	5,226	23,463
Independent Examiner's fees		1,080	1,440	900	1,164
Depreciation		715		952
Severance Pay Provision		5,000		5,572
		55,062	651,953	58,333	337,271
NET SURPLUS/(DEFICIT)
FOR THE YEAR		49,684		16,842

			2021	2021	2020	2020
			Unrestricted E	Restncted 8	Unrestricted 8	Restrictedf
Balance	brought	forward	114,792		97,950
Surplus	for the year		49,684		16,842
Balance	carried forward		164,476		114,792
Fixed Asset Fund			2,143		2,858
General	Reserve		162,333		111,934
			164,476		114,792