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2023-03-31-accounts

CHARITY NO: 1119404

COMPANY NO: 05980151

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

ANNUAL REPORT AND FINANCIAL STATEMENTS

2023

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES’ ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS for the year ended 31 March 2023

SMITHS ACCOUNTANTS & TAX ADVISERS

Chartered Accountants Alnwick Northumberland

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

CONTENTS

Page
Trustees’ Annual Report 1 - 8
Independent Examiner’s Report 9
Statement of Financial Activities
(incorporating an Income and Expenditure Account) 10
Balance Sheet 11
Notes to the Accounts 12 - 22

The following pages do not form part of the statutory accounts

APPENDICES

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

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The Trustees have adopted the provisions of 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 2015).

OBJECTIVES AND ACTIVITIES

Principal objectives

To promote any charitable purposes in the community in the advancement of education, the protection of health, the relief of poverty, distress and sickness, primarily for the benefit of the community in the former local government district of Wansbeck and Castle Morpeth and its neighbourhood and in the North East in general: To promote and organise co-operation in the achievement of the above policy by bringing together representatives of the voluntary organisations and the statutory authorities in the area of benefit: To administer grant income for various projects. The Charity is committed to achieving results for the public benefit and due regard is always given to the public benefit interest in deciding on work to be undertaken.

Vision

Inspiring and supporting communities Visions that guide us:

Mission statement

To encourage the development of strong and vibrant communities

We will achieve this through:

Our values and beliefs

(1)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

OBJECTIVES AND ACTIVITIES continued

Summary of main activities

The day-to-day management of the Wansbeck Council for Voluntary Service was transferred to the company on 1 October 2007. The last year has not been without its problems, with COVID-19, lockdowns still, various restrictions. Nevertheless, the company has been able, through the use of Zoom meetings, electronic and other communications, to continue with its mission to help support and encourage voluntary groups, communities and individuals in Northumberland. It has been able, in the year, to help groups build their capacity and gain new skills to improve their organisation and their services for their beneficiaries and their local communities.

Our front-line staff still work part of the week from home, which results in a reduction in commuting time for them, which in turn contributed to a saving on carbon emissions. They have been able to support many groups and individuals during the pandemic to gain confidence in the use of technology to access statutory services and virtual opportunities, and to network with others.

With the use of Zoom, we have been able to work in partnership with a number of organisations and have been able to support various voluntary sector networks. We have still been able to offer help to groups with their funding applications.

The organisation is a partner in an employability project called Bridge Northumberland (previously known as the Bridge Project) and, despite the problems with quarantine and additional complexities for the beneficiaries in the past year, Bridge has been able to support many people into positive and sustainable outcomes.

Activities for the public benefit

The Trustees of the company understand and have discussed the implications of the provisions of the Charities Act, which state that all charities must demonstrate that they are established for public benefit and have due regard to the public benefit guidance issued by the Charity Commission. The Trustees believe that the charity meets both of the key principles:

Principle 1: There must be an identifiable public benefit, or benefits

Northumberland CVA’s activities include a core commitment to its mission to engage, stimulate and inspire the creation and development of strong, sustainable and vibrant communities in Northumberland and the surrounding areas by:

We have achieved these objectives this year through the use of Zoom meetings and other forms of electronic communications with our partners and with groups and individuals. Also, face to face meetings have restarted.

Principle 2: Benefit must be to the public, or a section of the public

Engagement in the activities of Northumberland CVA is open to voluntary and community

(2)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

OBJECTIVES AND ACTIVITIES continued

groups in Northumberland, volunteers, older people, and individuals experiencing barriers to finding work. Northumberland CVA’s beneficiaries are therefore entirely appropriate to its aims and the public as a whole in Northumberland and the surrounding areas can benefit from its work.

All of these benefits are clear, evidenced and relate directly to Northumberland CVA’s aims. In addition, the Trustees do not consider that any detriment or harm flows from Northumberland CVA’s work.

During the COVID-19 pandemic, many face-to-face meetings, activities and appointments had to be cancelled but, although there has been some reluctance in restarting the face-to-face activities, more and more are now slowly taking place and our assisted shopping project has also restarted – much to the delight of the elderly people who go on those trips.

ACHIEVEMENTS AND PERFORMANCE

The Trustees are very thankful to all our staff and volunteers who have dug deep and focused on continuing to provide and operate an effective service to our members and to other groups, organisations, and individuals during that period.

The Trustees would also like to thank all the Bridge Northumberland staff, the other partners, and Northumberland County Council as the lead accountable body for the incredible work they have all done in the last year that has resulted in many beneficiaries being supported, helped and given encouragement that has contributed to improvement and changes in their lives.

The Trustees would also like to thank all those who have supported us this year with finance. We are very grateful for their help and their trust in us, for without their generous support we would not have been able to give that help to the voluntary sector in Northumberland during this difficult and challenging year.

We are proud to have dealt with a diverse range of individuals and groups this year. Our Annual Review will have more details about the achievements of the organisation over the year.

(3)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

FINANCIAL REVIEW

Surplus for the year

The Trustees report a small deficit in this financial year and continue to monitor the finance of the organisation.

Unrestricted funds
Restricted funds
TOTAL SURPLUS / DEFICIT		 2023
£
(3,934)
-
______
(3,934)
______		 2022
£
48,260
-
______
48,260
______

As a result of this, at 31 March 2023 the total reserves which were being carried forward were:

2023 2022
£ £
General Reserve 207,596 211,128
Fixed Asset Fund 1,206 1,608
______ ______
TOTAL RESERVES CARRIED FORWARD 208,802 212,736
______ ______

Reserve policy

The Trustees consider it is essential to have sufficient money in reserves to maintain an effective service to the community. Funding for an infrastructure organisation’s core funds can be very difficult to obtain and, as an organisation, we need more than the running cost of the core funds safeguarded for at least nine months; we also have to safeguard the smooth financial running of the many activities within Northumberland CVA. The Trustees are aware that present contracts are to come to an end in the next financial year and, although efforts are being made to replace contracts, the Trustees consider it prudent to have free money in reserves in order to operate in an efficient manner.

The balance of the general reserve is £208,802, of which £1,206 is a fixed asset reserve and the remainder represents the charity’s free reserves. The Trustees will continue to monitor its finances to ensure adequate liquidity is maintained in order to continue its mission to support and build stronger communities in Northumberland.

Property

The charity main offices are the premises that are still owned by the holding Trustees of Wansbeck Council for Voluntary Service, the old unincorporated association, who will be using the surplus revenue generated by the building for charitable purposes. The Trustees for Wansbeck Centre for Voluntary Service are responsible for all the running costs and for the general upkeep of the building.

Redundancy

The provision for the redundancy fund has been retained at £22,000, which is adequate for our present needs.

(4)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

FINANCIAL REVIEW continued

Policy for monitoring and review

Once a strategy has been agreed, the Trustees will monitor on a regular basis that progress is being made to identify whether any changes are needed. Updates on the progress of all projects and finances are reviewed regularly at Trustees’ meetings.

Risk strategy

The Trustees consider that risk management is vital to the delivery and operation of the organisation, and they recognise that risk is an inherent part of its day-to-day activities. Risk may come from external factors such as economic or environmental or from pandemicprompted changes to regulations, or from internal factors such as long-term staff illness, human error or lack of core funding.

The Trustees regularly review the major governance, operational, and financial risks, as well as safeguarding issues on a regular basis and are satisfied that appropriate financial systems and controls, employment policies and procedures, and safeguarding procedures are in place, and that appropriate systems of reporting of any issue to the Trustees and the correct authorities are clearly defined.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Chair of the Trustees

We are sad to advise within the report the sudden death of the Chair Mr Rodney James. Rodney was heavily involved in the preparation of the accounts working alongside our Auditors.

Rodney’s loss is profound emotionally as he was very much the heartbeat of the organisation and was heavily involved in all aspects of the business.

The organisation will take time to fully recover from his loss, but we have made large strides, including the preparation of these accounts.

Governing document and organisational structure

The organisation is a charitable company limited by guarantee and was incorporated on 27 October 2006. The company was established and is governed by its memorandum and articles of association. The memorandum and articles of association were amended on 21st May 2018 by ordinary resolution for the creation of a new associate level of membership for non-profit making organisations.

For the purposes of the Companies Act 2006, the Board of Trustees is also the Board of Directors of the charitable company and is referred to as the Trustees throughout this report.

The company was formed to assume responsibility for the administration, delivery and management previously carried out by the unincorporated association Wansbeck Council for Voluntary Service. The principal objectives remain the same.

The company is a member of the National Association for Voluntary Action (NAVCA). The company is bound by its membership conditions which ensure that we are working to national guidelines, and we have rejoined the National Council for Voluntary Organisations (NCVO).

From 1 April 2015, the company has operated under the name of Northumberland Community Voluntary Action (Northumberland CVA) to indicate that the organisation’s services are now available to the voluntary sector in the whole of Northumberland.

(5)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT continued

Membership and governance

The company is a membership organisation and is managed by the Board of Directors who are also the charity Trustees. They are elected by members at the Annual General Meeting. There is power to co-opt, but any such appointment has to have the confirmation of the next Annual General Meeting.

Members of the company receive regular e-mail about the organisation's activities, VSC news and changes to legislation. Members receive a full report of the activities and the financial reports at an Annual General Meeting.

There are arrangements for the induction and training of committee members (see below). The Chief Executive reviews the training needs of the board and arranges appropriate training as required.

The board meets on a regular basis to oversee the work of the organisation and to set strategic direction. Sub-groups are set up as and when required and are open for all Trustees to attend.

Within the annual cycle the board reviews financial and budgeting information and reviews the objectives of the charity. It also receives regular briefing from the Chief Executive Officer. It considers staffing issues, new legislation and any current issues that impact on the working conditions of staff.

Induction and training of new Trustees

Most Trustees are already familiar with the practical work of the charity. Additionally, new Trustees are invited and encouraged to attend a series of short meetings with some of the existing Trustees to familiarise themselves with the charity and the context within which it operates.

Employment policies

Northumberland CVA constantly updates its employment policies to ensure that our health and safety policies and procedures meet the various legal requirements and our obligations as an employer. We have a range of relevant policies including equal opportunities, training and development, management and supervision, anti-harassment, various health and safety issues dealing with grievances and discipline.

Staffing

The senior member of staff responsible for the day-to-day management of the company is

Miss Caroline Rogan (to 31 March 2023)

There is now a small Senior Management Team to support the Chief Executive Officer, but also regular meetings of staff are held. At the end of the financial year there were 22 staff employed.

No financial provision was required for accrued holiday pay as at 31 March 2023.There are no employees with emoluments above £60,000. The average monthly staff number in the year was 22. No employee benefits were provided to any member of staff of the charity.

(6)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name

Wansbeck Centre for Voluntary Service

Operating name

Northumberland Community Voluntary Action

Charity registration number Company registration number

Principal office and registered office

1119404

05980151 107-109 Station Road Ashington Northumberland NE63 8RS

Trustees: The Trustees who served the company during the year were as follows:

Mr R James Mrs M Hindmarsh Mr J Jackson Mrs S Ashmore Mr C Nevin Mrs M Rolf

Company secretary

Miss C Rogan (Appointed 01.4.22)

Bankers

Unity Trust Bank plc Nine Brindley Place Birmingham B1 2HR

and

CAF Bank Ltd Kings Hill West Malling Kent ME19 4JQ

Independent Examiner

Mr I Smith Smiths Accountants & Tax Advisers 8 Linnet Court Cawledge Business Park Alnwick Northumberland NE66 2GD

Solicitors

Appointed as required

(7)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023

PLANS FOR FUTURE PERIODS

Future developments

Wansbeck CVS’ key objectives for the next two years are:

We are committed to ensuring that our services are available to all of those in the local communities in Northumberland who need them, and that no individual, group or community is disadvantaged or excluded from playing an active part in society because of race, ethnicity, gender, disability, sexuality, religion, age or geographical location. Our building is fully accessible, and we use accessible venues whenever possible. Our services are widely advertised, and we will engage with local organisations and communities in all areas of Northumberland. We will continue to support and work in partnership with others on their plans to develop projects where a need has been identified.

The Trustees have reviewed the present state of the charity and they consider that adequate resources are available to fund the activity of the charity for the foreseeable future. The Trustees consider that there are no material uncertainties about our ability to continue as a going concern, but they recognise that the COVID-19 pandemic could have repercussions on the sector and on our finances in the years to come. They will nevertheless continue their efforts to develop new streams of funding in order to maintain our services to the voluntary sector in the county of Northumberland.

We also record our thanks to the many people, organisations, staff and volunteers for their help and support, through which they have also helped and benefitted many people and groups in Northumberland.

Approved by order of the Board of Trustees on 30 January 2024 and signed on its behalf by

…………………………………………. JOE JACKSON (Chair)

(8)

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023

I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 March 2023, which are set out on pages 10 to 22.

Responsibilities and basis of report

As the charity’s Trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of The Institute of Chartered Accountants in England and Wales, 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 examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company 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 examination; or

  4. the accounts 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 and Republic of Ireland (FRS 102)].

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.

I. R. SMITH ACA Institute of Chartered Accountants in England and Wales Smiths Accountants and Tax Advisers 8 Linnet Court Cawledge Business Park Alnwick Northumberland NE66 2GD

29 January 2024

(9)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating an income and expenditure account)

FOR THE YEAR ENDED 31 MARCH 2023

Restricted
Note
Unrestricted
Income
Funds
Funds
£
£
INCOME AND ENDOWMENTS FROM:
Charitable activities
Grants/commissions
-
649,111
Core fund management fees,
expenses recovered commissions and
severance pay provision reduction
112,745
-
Investment income
Bank interest
1,001
-
_
_
TOTAL
3
113,746
649,111
_
_
EXPENDITURE ON:
Charitable activities
115,827
647,491
Other
1,853
1,620
_
_
TOTAL
4
117,680
649,111
_
_
NET INCOME/(EXPENDITURE)
FOR THE YEAR
(3,934)
-
Transfers between funds
-
-
_
_
NET MOVEMENT IN FUNDS
(3,934)
-
RECONCILIATION OF FUNDS
Total funds brought forward
212,736
-
_
_
TOTAL FUNDS CARRIED FORWARD11
208,802
-

 Total Prior year
Funds
Funds
2023
2022
£
£
649,111
633,395
112,745
135,988
1,001
66
_
_
762,857
769,449
_
_
763,318
717,834
3,473
3,355
_
_
766,791
721,189
_
_
(3,934)
48,260
-
-
_
_
(3,934)
48,260
212,736
164,476
_
_
208,802
212,736

(10)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

BALANCE SHEET AS AT 31 MARCH 2023

Restricted
Unrestricted
Income
Note
Funds
Funds
FIXED ASSETS
£
£
Tangible assets
7
1,206
-
_
_
CURRENT ASSETS
Debtors
8
14,692
-
Cash at bank and in hand
9
217,772
15,826
_
_
232,464
15,826
CREDITORS: Amounts falling due
within one year
10
(24,868)
(15,826)
_
_
NET CURRENT ASSETS
207,596
-
_
_
TOTAL ASSETS LESS CURRENT LIABILITIES208,802
-
_
_
FUNDS OF THE CHARITY
Restricted funds
-
-
Unrestricted funds
208,802
-
_
_
TOTAL FUNDS
11
208,802
-

 Total
Total
This
Last
Year
Year
£
£
1,206
1,608
_
_
14,692
10,852
233,598
337,919
_
_
248,290
348,771
(40,694) (137,643)
_
_
207,596
211,128
_
_
208,802
212,736
_
_
-
-
208,802
212,736
_
_
208,802
212,736

For the financial year ended 31 March 2023, the company was entitled to exemption from audit under section 477(1) of the Companies Act 2006; and no notice has been deposited under section 476(1) requesting an audit.

The Trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the period and of its profit or loss for the financial period in accordance with the requirements of section 394 and which otherwise comply with the Companies Act 2006, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2024 and are signed on its behalf by:

………………………….

JOE JACKSON (Chair)

The notes on pages 12 to 22 form part of the financial statements.

(11)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1. STATEMENT OF COMPLIANCE

Wansbeck Centre for Voluntary Service (operating as Northumberland Community Voluntary Action) is an incorporated charity (charity number 1119404) registered in England & Wales. The registered office and other statutory information are shown within the reference and administrative details of the Trustees’ Annual Report.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

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 (FRS 102) ‘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 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be adequate for the charity’s needs. The Trustees have considered a period of twelve months from the balance sheet date and consider no further disclosures relating to the charity’s ability to continue as a going concern need to be made.

Wansbeck Centre For Voluntary Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The financial accounts are prepared in Sterling (£).

Significant estimates and judgements

The preparation of the financial statements requires the Trustees to make judgements and estimates. The main areas where such judgements and estimates are made are in respect of recognition of income. The company has applied the following accounting policies:

Cash flow statement

A Statement of Cash Flows has been produced (see Note 14)

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the management committee in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

(12)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Fund accounting (continued)

Projects for which external funding has been obtained, are:

These projects have their own bank accounts, and individual financial accounts have been prepared for them. The income and any resultant surplus is restricted to the specific aims and objectives of the grant application proposals. Within each project there are smaller project/ pilot projects being hosted and they also are subject to the constraints of the grant conditions.

All grant funding is regarded as restricted funding for charitable accounting purpose (as defined by the Charity Commission under SORP 2015). The individual project accounts are available upon request.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: -

Grant income is treated as deferred income where delivery of all or part of a related project is attributable to a subsequent accounting period, and this can be clearly identified.

Resources expended

All expenditure is accounted for on an accruals basis as a liability is incurred. No VAT is recoverable, and the full amount of VAT is included in resources expended.

Fixed Assets

Fixtures, fittings and equipment including the improvement to leasehold premises were transferred by the old unincorporated association at book value at 1 October 2007.

Taxation

As a charity, Wansbeck Centre for Voluntary Services is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to charitable objects, no tax charges have arisen on the charity.

(13)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Fixed Assets continued

The present tangible fixed assets are now depreciated over their estimated useful lives using the following annual rate:

Fixtures, fittings and equipment and database update - 25% on reducing balance

3.
INCOME AND ENDOWMENTS
Unrestricted income
Core Fund management fees and expenses recovered
Bank interest received
Reduction in Severance Pay
Total unrestricted income
Restricted income
Current year grant income:
Wansbeck CVS Core Fund
Re:Action Project
Funding Advice Project
Supported volunteering / Bridge Northumberland
Total restricted income
TOTAL
Staff
Support
Direct
Costs
Costs
Costs
£
£
£
4.
EXPENDITURE
(a) Analysis of total resources expended
Unrestricted funds
Charitable activities
74,406
41,421
-
Other
-
1,853
-
_ _ _
Total unrestricted
resources expended
74,406
43,274
-
_ _ _
Restricted funds
Charitable expenditure 551,527
97,584
-
_ _ _
Total resources
expended
625,933
140,858
-
 Total
2023
£
112,745
1,001
-
_
113,746
_
26,481
67,315
49,824
505,491
_
649,111
_
762,857
_
Total
2023
£
115,827
1,853
_
117,680
_
649,111
_
766,791
 Total
2022
£
113,988
66
22,000
_
136,054
_
35,236
71,720
55,252
471,187
_
633,395
__
769,449
_
Total
2022
£
86,059
3,355
_
89,414
_
631,775
_____
721,189

(14)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Project Total Total
Support Governance
2023		 2022
4. EXPENDITURE continued £ £ £ £
(b) Analysis of support costs
Unrestricted funds
Premises costs 10,740 - 10,740 12,076
Office running costs 17,901 533 18,434 15,761
Independent examination fees - 1,320 1,320 1,200
Depreciation and capital loss 402 - 402 535
Severance pay - - - 5,948
Project running cost 12,131 - 12,131 14,872
Staff expenses 247 - 247 252
_ _ _ _
Total unrestricted expenditure 41,421 1,853 43,274 50,644
_ _ _ _
Restricted funds
Premises costs 5,792 - 5,792 36,973
Office running costs 29,893 - 29,893 38,723
Independent examination fees - 1,620 1,620 1,620
Employee related costs 6,262 - 6,262 2,516
Volunteer expenses 1,082 - 1,082 578
Beneficiary support/training
and project cost 52,935 - 52,935 52,147
_ _ _ _
Total restricted expenditure 95,964 1,620 97,584 132,557
_ _ _ _
2023 2022
4. EXPENDITURE £ £
(c) Analysis of governance costs
Independent Examiner’s remuneration 2,940 2,820
AGM Cost 533 535
_ ______
3,473 3,355
_ ______
5. NET MOVEMENT IN FUNDS FOR THE YEAR
This is stated after charging:
Depreciation – owned assets 402 535
Independent Examiner’s remuneration 2,940 2,820
_ _
3,342 3,355
_ _
6. EMPLOYEES
During the financial year the charity had a maximum of 22 employees (2022 :25).
Remuneration was made up as follows (all below £60,000): -
2023 2022
£ £
Salaries 562,062 478,059
Employer national insurance 47,510 37,881
Employer pension contribution 16,361 14,927
_ _
625,933 530,867
_ _

(15)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Office
IT and
Furniture Database
& Equip.
System
£
7.
TANGIBLE FIXED ASSETS
Cost
As at 1 April 2022
13,415
26,634
Additions
-
-
Disposals
-
-
_ _
As at 31 March 2023
13,415
26,634
_ _
Depreciation
As at 1 April 2022
12,225
26,216
Disposals
-
-
Charge for the year
297
105
_ _
As at 31 March 2023
12,522
26,321
_ _
Net book value at 31 March 2023
893
313
_ _
8.
DEBTORS
Core Fund
Restricted Funds Accounts
9.
CASH AT BANK AND IN HAND
Bank balances are analysed as follows:
Unrestricted funds
Core Fund
Core Fund money held for others

 Total
2023
£
40,049
-
-
_
40,049
_
38,441
-
402
_
38,843
_
1,206
_
Total
2023
£
14,692
-
_
14,692
_
2023
£
216,284
917
_
217,201
_		 Total
2022
£
40,049
-
-
_
40,049
_
37,906
-
535
_
38,441
_
1,608
_
Total
2022
£
6,119
4,733
_
10,852
_
2022
£
237,187
8,769
_
245,956
_

(16)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

9.
CASH AT BANK AND IN HAND (continued)
Restricted funds
Funding Advice Project
Re:Action Project
Volunteer Centre
Core Fund


Cash in hand / petty cash balances

Total

10.
CREDITORS: Amounts falling due within one year
Core Restricted
Fund
Funds
Creditors and accrued charges
1,951
2,580
Deferred income
-
13,246
Provision for severance pay
22,000
-
Funds held for others
917
-
_ _
24,868
15,826		 2023
£
1,964
8,746
4,665
-
_
15,375
_
1,022
_
233,598
_
2023
£
Total
4,531
13,246
22,000
917
_
40,694		 2022
£
13,908
55,147
20,634
1,757
_
91,446
_
517
_
337,919
_
2022
£
Total
18,095
88,779
22,000
8,769
_
137,643

11. TOTAL CHARITY FUNDS

Unrestricted
Restricted		 Gross
Transfers
Opening
Incoming Resources
between
Balance Resources Expended
Funds
£
£
£
£
212,736
113,746 (117,680)
-
-
649,111 (649,111)
-
_
_
_
_
212,736
762,857 (766,791)
-
_
_
_
_		 Closing
Balance
£
208,802
-
_
208,802
_

(17)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted Unrestricted Restricted
Total
Total
Funds Funds
Funds
Funds
2023
2022
£ £
£
£
12. ANALYSIS OF ASSETS BETWEEN FUNDS
Fixed assets 1,206 -
1,206
1,608
Debtors 14,692 -
14,692
10,852
Cash at bank and in hand 217,772 15,826
233,598		 337,919
_ _
_		 _
233,670 15,826
249,496		 350,379
Creditors (24,868) (15,826)
(40,694)		 (137,643)
_ _
_		 _
208,802 -
208,802		 212,736
_ _ _ _
13. ANALYSIS OF CHARITABLE FUNDS
Funds at
Incoming		 Resources Funds at
01.04.22 Resources Expended Transfers 31.03.23
£
£		 £
£		 £
Unrestricted Funds
General Funds 212,736
113,746		 (117,680)
-		 208,802
Provision for severance
pay no longer required -
-		 -
-		 -
_
_		 _ _ _
212,736
113,746		 (117,680)
-		 208,802
_ _ _ _ _
Deferred Deferred
Income
Incoming		 Resources Income
01.04.22 Resources Expended Transfers 31.03.23
£
£		 £
£		 £
Restricted Funds
Core Fund 1,757
24,724		 (26,481)
-		 -
Funding Advice a/c 13,248
38,000		 (49,824)
-		 1,424
Volunteering Support a/c 20,189
489,068		 (505,491)
-		 3,766
Re:Action Project a/c 53,585
21,786		 (67,315)
-		 8,056
_
_		 _ _ _
88,779
573,578		 (649,111)
-		 13,246
_ _ _ _ _

(18)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

13. ANALYSIS OF CHARITABLE FUNDS continued

Restricted Funds
Summary
Deferred income at 1 April 2022 b/fwd
Restricted income - grants received
Deferred income at 31 March 2023 c/fwd
Adjusted income per SOFA
Unrestricted Funds
Summary
Balance deferred income b/fwd
Unrestricted income received
Deferred income at 31 March 2023
Adjusted income per SOFA		 2023
£
88,779
573,578
_
662,357
(13,246)
_
649,111
_
2023
£
-
113,746
_
113,746
-
_
113,746
_		 2022
£
124,501
597,673
_
722,174
(88,779)
_
633,395
_
2022
£
7,500
128,554
_
136,054
-
_
136,054
_

(19)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

13. ANALYSIS OF CHARITABLE FUNDS continued

The following monies were held in the charity’s cash reserves at the year end.

Balance
31.03.23
£
Unrestricted
Core Fund
NCVA free reserves (current account) 156,475.87
NCVA free reserves (deposit account) 59,807.87
Syrian Refugees funds held 917.20
Restricted
Community RE:action project
Windfarms 471,26
Windfarms Eglingham 4,168.76
Tea for IT 2,383.28
Reaching Communities 1,722.80
Connected Voice
Funding Advice Project
Volunteering Development 1,964.32
Volunteer Centre 4,664.90
___
Total funds (Unity Trust Bank / CAF Bank 232,576.26
___
MONIES HELD FOR OTHERS
Total
Vantage Syrian Ballinger funds
Fund Refugees Trust CVS held
£ £ £ £ £
Balance at 1 April 2022 - 917 - 7,852 8,769
Monies received - - 27,167 - 27,167
_ _ _ _ _
- 917 27,167 7,852 35,936
_ _ _ _ _
Grants/Expenditure
in the year - - (27,167) (7,852) (35,019)
_ _ _ _ _
Balance in hand
at 31 March 2023 - 917 - - 917
_ _ _ _ _

N.B.: CVS is the unincorporated association, Wansbeck Council for Voluntary Service

(20)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

14. STATEMENT OF CASH FLOW

Net reconciliation or operating surplus/deficit to cash flow from operation activities.

2023 2022
£ £
Operating surplus (4,935) 48,194
Depreciation 402 535
(Increase) / decrease in debtors (3,840) (3,151)
Increase / (decrease) in creditors (96,949) (66,495)
_ _
Net cash from operating activities (105,322) (20,917)
_ _
Net cash flow (105,322) (20,917)
Cash from investing activities - -
Loans / interest paid - -
Interest received 1,001 66
_ _
Net charge from financial activities 104,321 (20,851)
Cash at 31 March 2022 337,919 358,770
_ _
Cash at 31 March 2023 (as per balance sheet 31.3.23) 233,598 337,919
_ _

15. SEVERANCE PAY

The provision of £22,000 is sufficient for our liability at 31 March 2023 (2022 £22,000)

16. TRUSTEE REMUNERATION

No expenses were reimbursed to Trustees during the year. No Trustees were reimbursed for their volunteering work within projects.

17. CAPITAL COMMITMENTS

There were no capital commitments as at 31 March 2023.

18. PENSION

The auto-enrolment scheme is ongoing and contributions to staff pensions are made accordingly

19. DEBTORS

All debts are good and have been paid in the current financial year.

20. CREDITORS

All creditors are short term amounts and are falling due for payment within one year.

(21)

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

  1. RELATED PARTY TRANSACTIONS No transactions with related parties were undertaken such as are required to be disclosed.

22. ULTIMATE CONTROLLING PARTY

In the opinion of the Trustees the charitable company is controlled by the Board of Trustees.

(22)

The following pages do not form part of the statutory accounts.

APPENDIX I

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee)

Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

SUMMARY OF BALANCE SHEET AS AT 31 MARCH 2023

Unrestricted Restricted Unrestricted Restricted
2023 2023 2022 2022
£ £ £ £
TANGIBLE ASSETS 1,206 - 1,608 -
_ _ _ _
CURRENT ASSETS
Debtors & Prepayments 14,692 - 6,119 4,733
Cash at bank and in hand 217,201 15,826 245,956 91,446
Petty cash 571 - 178 339
_ _ _ _
232,464 15,826 252,253 96,518
_ _ _ _
CURRENT LIABILITIES
Creditors and accrued charges 1,951 2,580 10,356 7,739
Deferred income - 13,246 - 88,779
Severance pay 22,000 - 22,000 -
Funds held for others 917 - 8,769 -
_ _ _ _
24,868 15,826 41,125 96,518
_ _ _ _
NET CURRENT ASSETS 207,596 - 211,128 -
_ _ ______ _
NET ASSETS 208,802 - 212,736 -
_ _ _ _
REPRESENTED BY:-
General reserves 207,596 - 211,128 -
Fixed asset funds 1,206 - 1,608 -
_ _ _ _
208,802 - 212,736 -
_ _ _ _

APPENDIX II

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

2023 2023 2022 2022
Unrestricted Restricted Unrestricted Restricted
£ £ £ £
INCOME
Grants, management fees
and expenses recovered 112,745 649,111 113,988 633,395
Bank interest 1,001 - 66 -
Severance Pay provision
Reduction - - 22,000 -
_ _ _ _
113,746 649,111 136,054 633,395
_ _ _ _
EXPENDITURE
Premises running costs 10,740 5,792 12,076 36,973
Salaries and national insurance 74,406 551,527 35,829 495,038
Staff related costs 247 6,262 252 2,516
Office running costs 18,434 29,893 17,082 38,723
Management charges - 12,437 - 5,800
Volunteer expenses - 1,082 - 578
Project running cost and
beneficiary support/training 12,131 40,498 14,872 52,147
Independent Examiner’s fees 1,320 1,620 1,200 1,620
Depreciation 402 - 535 -
Severance Pay - - 5,948 -
_ _ _ _
117,680 649,111 87,794 633,395
_ _ _ _
NET SURPLUS/(DEFICIT)
FOR THE YEAR (3,934) - 48,260 -
_ _ _ _

All grant funding received in restricted funding is for charitable purposes as defined by the Charity Commission Statement of Recommended Practice.

APPENDIX III

WANSBECK CENTRE FOR VOLUNTARY SERVICE (a company limited by guarantee) Operating as NORTHUMBERLAND COMMUNITY VOLUNTARY ACTION

SUMMARY OF RESERVE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

2023 2023 2022 2022
Unrestricted Restricted Unrestricted Restricted
£ £ £ £
Balance brought forward 212,736 - 164,476 -
Surplus / (deficit) for the year (3,934) - 48,260 -
_ _ _ _
Balance carried forward 208,802 - 212,736 -
_ _ _ _
Fixed Asset Fund 1,206 - 1,608 -
General Reserve 207,596 - 211,128 -
_ _ _ _
208,802 - 212,736 -
_ _ _ _