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← Wansbeck Centre For Voluntary Service

2024-03-31-accounts

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

Report and Financial Statements For the Year Ended 31 March 2024

Charity number

WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

The Trustees are pleased to present the Annual Report together with the financial statements of the charity for the year ended 31 March 2024. The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities, preparing their accounts in accordance with the Financial Reporting Standards, applicable to the UK and Republic of Ireland (FRS 102) effective January 2019.

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:

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

OBJECTIVES AND ACTIVITIES continued

Our values and beliefs

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 concerns but we continue with our 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 have been able to support many groups and individuals during a difficult period, post pandemic to gain confidence in the use of technology to access statutory services and virtual opportunities, and to network with others.

With the continued 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 continue to offer help to groups with their funding applications.

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:

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

OBJECTIVES AND ACTIVITIES continued

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 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.

There was a period of time in restarting the face-to-face activities. However, more and more are taking place.

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 our partners, and Northumberland County Council that has supported the incredible work 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.

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

FINANCIAL REVIEW

Surplus for the year

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

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |£|£| |Unrestricted funds|(100,190)|(3,934)| |Restricted funds|15,755|-| |__|_| |TOTAL SURPLUS / DEFICIT|(84,835)|(3,934)| ||___|

----- End of picture text -----

As a result of this, at 31 March 2024 the total reserves which were being carried forward were:

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |£|£| |General Reserve|123,462|207,596| |Fixed Asset Fund|904|1,206| |__|_| |TOTAL RESERVES CARRIED FORWARD|124,367|208,802| ||___|

----- End of picture text -----

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.

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

FINANCIAL REVIEW continued

The balance of the general reserve is £108,612, of which £905 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 set at £14,000, which is adequate for our present needs.

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

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

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT continued

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.

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.

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT continued

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 2024 - Chief Executive Officer

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 15 staff employed.

No financial provision was required for accrued holiday pay as at 31 March 2024.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.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name Wansbeck Centre for Voluntary Service Operating name Northumberland Community Voluntary Action Charity registration number 1119404 Company registration number 05980151 Principal office and registered office 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

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT continued

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 Jim Dodds 33 The Glebe Morpeth NE61 6HW Solicitors Appointed as required

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

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WANSBECK CENTRE FOR VOLUNTARY SERVICE Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

PLANS FOR FUTURE PERIODS continued

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.

Statement of trustee responsibilities

The charity trustees are responsible for preparing a trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The charity trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources. In preparing financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on:

and signed on their behalf by:

Name: Joe Jackson

Position: Chair

9

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2024

I report on the financial statements of Wansbeck Centre for Voluntary Service for the year ended 31 March 2024, which are set out on pages 11 to 22.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the

Association of Charity Independent Examiners.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

e the accounts have not been prepared in accordance with the Charities SORP (FRS102). I 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.

Jim Dodds FCIE 33 The Glebe , Morpeth , Northumberland , NE61 6HW

Date: 20 December 2024

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WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 March 2024

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Income from:
Donations and legacies 6 463 - 463 -
Charitable activities
Grants and contracts 7 57,290 309,850 367,140 761,856
Other trading activities 8 20,197 - 20,197 -
Investments 9 1,524 3 1,527 1,001
Total income 79,474 309,853 389,327 762,857
Expenditure on:
Charitable activities
Operation of the charity 10 179,664 294,098 473,762 766,791
Total expenditure 179,664 294,098 473,762 766,791
Net income/(expenditure) and net
( 100,190 ) 15,755 ( 84,435 ) ( 3,934 )
movement of funds
Reconciliation of funds
-
Total funds brought forward 208,802 208,802 212,736
Total funds carried forward 108,612 15,755 124,367 208,802
Notes
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 13 to 22 form an integral part of these accounts.

11

Charity Number 1119404 Company Number 05980151

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

BALANCE SHEET

As at 31 March 2024

----- Start of picture text -----
Total Total
2024 2023
£ £ £ £
Fixed assets
Tangible assets 17 905 1,206
Total fixed assets 905 1,206
Current assets
Debtors 18 75,902 14,692
Cash at bank and in hand 19 70,971 233,598
Total current assets 146,873 248,290
Creditors: amounts falling due within
one year 20 ( 23,411 ) ( 40,694 )
Net current assets 123,462 207,596
Total assets less current liabilities 124,367 208,802
Total net assets or liabilities 124,367 208,802
Funds of the charity
Unrestricted income funds 108,612 208,802
Restricted income funds 15,755 -
Total funds 124,367 208,802
Notes
----- End of picture text -----

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The notes on pages 13 to 22 form an integral part of these accounts.

These financial statements were approved by the Board on:

and are signed on its behalf by:

Joe Jackson Chair

12

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

1 Accounting Policies

The principle accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with 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) �Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Wansbeck Centre for Voluntary Service meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £108,612 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliably.

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether �capital�grants or �revenue�grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance or provision of other specified service is deferred until the criteria of income recognition are met.

13

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

3.7 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.8 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investment and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.9 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charities' work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

14

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

4.2 Charitable activities

Expenditure on charitable activities includes the costs of support to voluntary and community groups and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

IT and database system 25% reducing balance Office, furniture and equipment 25% reducing balance

15

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

----- Start of picture text -----
Analysis of income
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
6 Donations and legacies
Donations and gifts 463 - 463 -
463 - 463 -
7 Charitable activities
Income from grants
-
Re:Action Project 37,345 37,345 67,315
-
North of Tyne Volunteering Project 31,809 31,809 49,824
Supported Volunteering / Bridge 34,790 71,353 106,143 505,491
Northumberland
Vonne 2,500 - 2,500 -
Sir James Knott 7,000 - 7,000 -
- -
Ballinger Trust 5,000 5,000
- -
Reduction in severance pay 8,000 8,000
Wansbeck CVS Core Fund - - - 26,481
Core Fund management fees and expenses - - - 112,745
recovered
Income from contracts
- -
North of Tyne - Volunteering & Social Action 40,228 40,228
(UK SPF)
- -
Community Partnership (UK SPF) 26,111 26,111
- -
Solid Foundations (Northumbrian Citizens 103,004 103,004
Advice)
57,290 309,850 367,140 761,856
8 Other trading activities
Room hire 11,960 - 11,960 -
- -
Other generated income 8,237 8,237
- -
20,197 20,197
9 Income from investments
Bank interest 1,524 3 1,527 1,001
1,524 3 1,527 1,001
----- End of picture text -----

Income was £389,327 (2023: £762,857) of which £79,474 was unrestricted or designated (2023: £113,746) and £309,853 was restricted (2023: £649,111).

16

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Analysis of expenditure on charitable activities

10 Charitable activities
Direct costs
Support costs
Governance costs
Premises costs
Office running costs
Depreciation
Volunteer expenses
AGM costs
Severance pay
Project running costs and beneficiary support/
training
Other staff related costs
Independent examiner's fees for reporting on
the accounts
Project staff salaries		 Unrestricted
Funds
£
128,300
12,936
10,445
704
25,220
93
350
-
755
861
179,664		 Restricted
Funds
£
269,053
4,098
10,064
-
-
4,866
4,880
57
1,080
-
294,098		 Total
2024
£
397,353
17,034
20,509
704
25,220
4,959
5,230
57
1,835
861
473,762		 Total
2023
£
625,933
16,532
47,794
402
-
65,066
6,509
1,082
2,940
533
766,791

Expenditure on charitable activities was £473,762 (2023: £766,791) of which £179,664 was unrestricted or designated (2023: £117,680) and £294,098 was restricted (2023: £649,111).

Independent examiner's fees for reporting on the accounts
There were no other fees paid to the examiner (2023: £nil)		 2024
£
1,835
1,835		 2023
£
2,940
2,940

12 Analysis of staff costs, and the cost of key management personnel

Severance pay
Pension costs (defined contribution pension plan)
Salaries and wages
Social security costs		 2024
£
359,109
26,352
10,618
25,220
421,299		 2023
£
562,062
47,510
16,361
-
625,933

No employee received remuneration above £60,000 (2023: nil).

The key management personnel of the charity, comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £50,675.

17

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

13 Staff Numbers

The average monthly head count was 15 staff (2023: 22 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work: Charitable activities

FTE 2024
2023
Number
Number
12.5
FTE
12.5
0.0

14 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

The following detail the related party transactions in the reporting period.

During the year, the charity paid £101 to Public Impact. One of the trustees, John Howarth is a director of Public Impact. The payment was a fee for work carried out on the charities website. The charity undertook an arm�s length process to ensure they chose the best provider, John Howarth was not part of the decision making process.

15 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £10,618 (2023: £16,361). There was £0 outstanding as at 31 March 2024 (2023: £0).

16 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

18

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

17 Tangible fixed assets
Cost
Balance brought forward
-
-
Additions
-
-
Disposals
-
-
Balance carried forward
-
-
Depreciation
Basis
Rate
Balance brought forward
-
-
Depreciation charge for year
-
-
Disposals
-
-
Balance carried forward
-
-
Net book value
Brought forward
-
-
Carried forward
-
-
18 Debtors and prepayments (receivable within 1 year)
19
Short term deposits
Cash at bank
Core Fund money held for others
Cash in hand
Core Fund
Cash at bank and in hand
Prepayments
Accrued income
Trade debtors		 Office
Furniture
& Equipment
£
13,415
-
-
13,415
RB
25%
12,522
223
-
12,745
893
670
2024
£
-
365
3,146
72,391
75,902
2024
£
31,332
39,209
-
430
70,971		 IT and
Database
System
£
26,634
-
-
26,634
RB
25%
26,321
78
-
26,399
313
235
2023
£
14,692
-
-
-
14,692
2023
£
59,808
171,851
917
1,022
233,598		 Total
£
40,049
-
-
40,049
38,843
301
-
39,144
1,206
905

19

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

20 Creditors and accruals (payable within 1 year)

----- Start of picture text -----
2024 2023
£ £
Trade creditors 468 1,591
Funds held for others - 917
Provision for severance pay 14,000 22,000
-
Taxation and social security 7,108
Accruals
Independent examination of accounts 1,835 2,940
Deferred income - 13,246
23,411 40,694
----- End of picture text -----

21 Deferred income

Deferred income comprises of advance payments from grants that relate to future periods.

Balance brought forward
Balance carried forward
Amount deferred in year
Amount released to income earned from
charitable activities		 2024
£
13,246
( 13,246 )
-
-

22 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

23 Analysis of charitable funds

Analysis of movements in unrestricted funds

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
208,802
208,802		 Incoming
resources
£
79,474
79,474		 Resources
expended
£
( 179,664 )
( 179,664 )		 Transfers
£
-
-		 Fund
balances
carried
forward
£
108,612
108,612

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' of the charity.

20

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

23 Analysis of charitable funds continued

Analysis of movement in restricted funds

Restricted funds
Re:Action Project
North of Tyne Volunteering
Project
Supported Volunteering / Bridge
Northumberland
North of Tyne - Volunteering &
Social Action (UK SPF)
Community Partnership (UK SPF)
Solid Foundations (Northumbrian
Citizens Advice)
Totals		 Fund
balances
brought
forward
£
-
-
-
-
-
-		 Incoming
resources
£
37,348
31,809
71,353
40,228
26,111
103,004
309,853		 Resources
expended
£
( 22,710 )
( 29,818 )
( 71,353 )
( 40,925 )
( 26,111 )
( 103,181 )
( 294,098 )		 Transfers
£
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
14,638
1,991
-
( 697 )
-
( 177 )
15,755

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Re:Action Project

�Windfarms - developing community initiatives.

�Reaching communities - community engagement.

�Connected Voice - maintaining platforms for information sharing across the VCSE in Northumberland.

�Digital inclusion - Tea & It (UKSPF) - providing foundation support with all devices, in a relaxed environment.

�Social inclusion - Engage - providing bespoke activities and events to support residents over 50 years of age to become socially included.

North of Tyne Volunteering Project

North of Tyne - Volunteering & Social Action (UK SPF)

Community Partnership (UK SPF)

Solid Foundations (Northumbrian Citizens Advice)

�Creating region of excellence for volunteering, developing and sharing good practice. Developing Sector Connector.

�Providing support, training and buddies to enable volunteers to access opportunities. Providing support, training and advice for potential employers. Completing Organisational checks to ensure both volunteers and employers are working in a safe environment.

�Providing support to the VCSE of Northumberland to access £1.5 million of funds through UKSPF. Community Developers supported individuals and groups with the expression of interests and with full submissions. Those who were unsuccessful at either stage were supported with funding searches, advice, governance and business development.

�Providing bespoke and holistic support for economically inactive residents of Northumberland to be able to access further opportunities in Education, Training and Employment. Key Workers stabilise foundations, advocate, accompany and mentor, developing owned action plans and coordinating interventions and services.

21

WANSBECK CENTRE FOR VOLUNTARY SERVICE

(A company limited by guarantee)

Operating as NORTHUNBERLAND COMMUNITY VOLUNTARY ACTION

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

24 Capital commitments

As at 31 March 2024, the charity had no capital commitments (2023 -£nil).

25 Monies held for others

Balance brought forward
-
-
Monies received
-
-
-
-
Expenditure in year
-
-
Balance carried forward
-
-
Monies held for others		 Syrian
Refugees
£
917
-
917
( 917 )
-		 Total funds
held
£
917
-
917
( 917 )
-

26 Analysis of net assets between funds 2024

Cash at bank and in hand
Other net current assets/(liabilities)
Tangible fixed assets		 Unrestricted
Funds
£
905
50,193
57,514
108,612		 Restricted
Funds
£
-
20,778
( 5,023 )
15,755		 Total
2024
£
905
70,971
52,491
124,367

Analysis of net assets between funds 2023

Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)		 Unrestricted
Funds
£
1,206
217,772
( 10,176 )
208,802		 Restricted
Funds
£
-
15,826
( 15,826 )
-		 Total
2023
£
1,206
233,598
( 26,002 )
208,802

22