Charity regirtration number 1123402
Company registration number 06531268 IEngland and Wales)
WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
ANNUAL REPORT AND FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
LEGAL AND ADMINISTRATIVE INFORMATION
REFERENCE and ADMINISTrATIVE DEfAIiS
Charity Name
Warwickshire Community and Voluntary Artion {WCAVAI
Cornpany number
06531268 (England and Wales}
Charity number
1123402
Registered office
4-6 Clernens Street. Leamington Spa. CV312DL
Cornpany Secretary
K Winchcombe
Dlrertors
The Directors, who have served through the financial year
and to the date of signing this report. except where stated. were:
Andrew Gabbitas
S Hammond
P Robson
5 C Rawbone
C SpieTS
J A Wildig
J McKenzie
G A Other
(Appointed 31 Ortober 2023)
(Resigned 31 March 2024)
Auditor
Burgis & Bullock
23-25 Waterloo Place, Leamington Spa, 0132 SLA
Solicitors
Lodders Solicitors LLP
Arden Street, Strarford-Upon-Avon. CV37 6PA
Bankers
HSBC Bank PLC
126 Parade, Leamington spa, CV32 4AJ
Investment advisor5
Towergate Insurance
Trading name of Towergate Underwriting Group Limited.,
Eclipse Park, Sittingbourne Road. Maidstone. ME14 3EN

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
COMfENTS
Pa8e
Trustees, report
i-io
statement of Trustees, responsibilities
li
Independent auditor's report
12-15
Statement of financial activities
16-17
Summary income and expenditure account
18
Balance sheet
19
Statement of cash flows
20
Notes to the financial statements
21-44

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
TRusfEES' REPORT (INCLUDING DIRE￿oRs, REPORn
FOR ThIE YEAR ENDED 31 MARCH 2024
The Dirertors (who are the Trustees of the Charityl have pleasure in submitting their Annual Report together
with the audited financial ststements for the year ended 31 March 2024.
STRucfuRE, GOVERNANCE and MANAGEMENr
Governing Document
WCAVA is a charitable company limited by 8uarantee, incorporated on 11 March 2008 and registered as a
charity on l April 2008.
The charitable company was established under a Memorandum of Association, which established the
objectives and powers of the company and 15 Eoverned under its Articles of A550ciation. In the event of the
company being wound up members a￿ required to contribute an amount not exceeding £10.
The Directors are responsible for the overall govemance of the charitsble company.
Significant Changes
There were no Governance/constitution changes.
The Board agreed to the appointment of one Trustee and accepted the retirement of an existing Trustee.
At the AGM. Phil Robson stood down as Vice Chair and Clare Spiers was voted into the role of Vice Chair.
The number of members that can be registered is unlimited and membership is open to any individual or
organi5ation thot 15 interested in promoting the aim5 and objertives of WCAVA. There has been a focus on
membership recruitment during the year with positive results.
The Board is required to have at least 8 Members and there is no maximum, unless determined by ordinary
resolution. Annually one third of the Board retires by rotation. but these directors are eligible for re-election.
The Board have the power to (￿opt additional directors. No director can serve for more than nine
consecutive years.
The member5 of the Board, who are directors for the purpose of company law and trustees for the purpose
of charity law. who served duringthe year and up tothe date of this report are listed on page one.
DI￿rtorS may be nominated by the membership in accordance with the memorandum. to reflect the range
of voluntary and comrnunity groups as well as for their knowledge of the area and the work of the charity.
The Board endeavours to ensure there is a balance of skills and expertise. Co-opted directors are recruited
from a range of sources: specialist advertisinE mediums, introduction by existing members and direct
applications 'through word of mouth,. Prospective members are required to complete application forms.
which are duly assessed a8ainst the 'Ski11s Need5 Analysis. to ensure that there is a balance of skills and
expertise at any one time.
There is a comprehensive induction programme for new Board members, which comprises a session on their
roles and responsibilities and on the key operational policies and procedures that shape the delivery of the
day to day services. This is supplemented by training and development using the Charity Commission
8uidance and resources.

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
TRUSTEES. REPORT (INCWDING DIRECTORS, REPORn ICONTINUED)
FOR ThIE YEAR ENDED 31 MARCH 2024
The financial statements have been prepared in accordance with the accounting policies set out in note I to
the financial statements and comply with the Charity's Memorandurn and Articles of Association, the
Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reportin8 Stsndard
applicable in the UK and Republic of Ireland {FRS 102}" (effective l January 20191.
Organisatlon
The Trustees met as a Full Board 7 times durin8 2023 and 2024.
A Lead Trustee continues to work with both the Full Board and the Operational Senior Management Team to
update the Risk Register.
The day-to-day running of the tharity is dele8ated to the Chief ExecutNe with support from the Senior
ManagementTeam.
Seniorstaff
Chief Executive
Area Manager- North
Area Manager- Solihull
Area Manager- South/Mid
Finance Manager
Karen Winchcombe
Alison Thornpso
Jane Holdsworth
Tracy Southam
Ruby Sarkaria
The Directors consider that the Board of Director5 and the Chief Executive comprise the key management
personnel of the directing and controlling, running and operating the charity on a doy to day basis. No
director received remuneration in the year. Details of directors, expenses and related party transaction5 are
disc105ed in note 11 to the accounts. In view of the nature of the charity. the directors benchmark the Chief
Executlve remuneration as the average paid for the role in similar sized charities.
Rlsk Management
A risk register has been established by the Board. Risks are regularly reviewed and updated by the sub
committee5 and the Board. The Directors are satisfied that they have considered the major risks to which the
charity is exposed, that they have taken artion to mitigate or to manage those risks and that there are
systems in place to monitor any changes in those risks.

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
TRUSTEE5' REPORT (INCLUDING DIREcfofts' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Projerts
CAVA continued as the Local Infra5trutture Organisation for the Big Local Projects in Arley and Ansley and
Hilltop and Caldwell working with two local resident led partnerships to achieve their local plans for the
areas.
Coventry and Warwickshire ICS extended WCAVA'S contract to provide support to recruit and manage
volunteers for a number of the Covid vaccination sites acr055 South and North Warwickshire. The funding for
this work was succe55fully tran51tioned from CCG to the Integrated Care System {ICSI.
Stratford-on-Avon District Social Inclusion Partnership (SIP) Development officer continued in post to
enhance and support the VCSE sector in the distrirt with a focus on workthat addresses the priorities of SIP.
Birmingham and Solihull ICS supported work in Solihull to en8a8e wrth the wider VCSE to inform priorities
around health inequalities.
The Community Builder for Bi5hopton and Clopton continued in post, working with the communities
identified as part of the SIP
Our work in Warwick District was supported with some Uk Shared Prosperity funding enabling us to support
our volunteerin8 progrBmme across the area.
The South Warwickshire Place partnership commissioned some bespoke engagement with VCSE groups
around their priorities aligned to health and wellbein8. A range of engagement sessions have been delivered.
The SWP also commissioned a coordinator post to support the engagement with the VCSE for the Tribe Pilot,
exploring a digital solution "Tribe" to support local needs for support and volunteering pathways to add￿55
these
CAVA has been providing support to the ICS Research Engagement Network. CAVA'S role is to provide a link
between Researchers and the VCFSE so that communities can offer ideas and highlight priorities for research.
CHARITABLE oBJE￿IVEs
The Charitable objertives of WCAVA are detailed within the Memorandum of Association as:
To promote all or any charitable purposes for the benefft of the community within the Area of Benefit and in
particular the advancement of education, the furtherance of health and the relief of poverty. distress and
sickness;
Without limitation to the generality of the forgoing to provide resources to include not by way of limitation
advlce, guldance, meniorlng. iralnlng. supervlslon and support to organisation5 With similar charitable
objectives in order to assist these organisations wtth their charitable work; and
To promote and organise co-operation in the advancement of these purposes and to bring together in
council representatives of the voluntsry organisations. statutory author Ities and individuals within the Area
of Benefit.
To protert and preserve the environment for the benefrt of the public.

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
TRU5TEE5' REPORT IINCWDING DIREcfoRS' REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
PUBLIC BENEFIT
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit
when reviewing our aims. objertives and in planning our future activities. In particular, the directors consider
how planned activities will contribute to the aims and objectives they have set.
How our actlvltles dellver publlc benefft:
All of our offices, e-communications and our website provide a vital service as a point of e55ential
information and advice not just for our member organisations and groups but a150 for the 8eneral public and
partner agencies. Our abilty to signpost the general public to organisations and groups that can assist them
with a whole range of issues from debt advice to counselling and youth work to domestic abuse ensures that
those who need support can acce55 It.
All groups and organisations supported will have a specific femit in themselves to 5UPPOrt their local
community or to SUPPOrt a specific area of interest often focussing upon the most disadvantaged or
disengaged sections of our society. For marry of our member organisations the support we provide enables
them to more effectively deliver support to vulnerable individuals. Furthermore the group5 and organisations
that we support enables them to carry out their aim5 or charitable objectives more efficiently whether
through securing funding. developing rn0￿ robust procedures or quality assurance processe5 all provide
direct benefit to the citizens of Warwickshire and Solihull through their enhanced front-line service delivery.
Our Volunteering Coordinators enable those who wish to contribute their skills. knowledge. time and energy
to support others to do 50 for the benefit of or8anisations, groups and individuals within Warwickshire and
Solihull. We also support those who work within the private sector to support charities and communities
through our skilled volunteering programmes and corporate social responsibility ICSR) offer.
STATEMENT OF PURPOSE
OUR VISION
A thriving and well-resourced voluntsry and community sector throughout Wanvickshire that meets
community needs and provides an excellent experience for 311.
OUR MISSION
Warwickshire CAVA promotes, develops and supports a vibrant voluntary and community sector to enable
local people to shape and influence their communities.
Warwickshire CAVA'S strategic plan has six broad objectives set out to support the Third Sertor to make a
difference to the communities of Warwickshire and Solihull:
Membership
Volunteering Acce55
Fundraising
Partnershlps
Marketing
Communications

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
TRUSTEES. REPORT IINCLUDING DIREcfoRS' REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
CAVA is a member of the National Association of Voluntary and Community Action which supports these slx
broad principles as well as providing leaders to CAVA on strategic matters of voice. representstion and sector
policy and development.
ACHIEVEMEMfs AND PERFORMANCE
Core Infrastructure Support Work
WCAVA'S core activity is to provide Infrastrurture support that assists voluntary. community and social
enterprise organisations and groups in Warwickshire and Solihull to form. develop and thrive by accessing
the resources they require to meet their charitable objective5 and evidenced community need.
Warwickshire
WCAVA teams provided support to 1,189 groups and organisatTons working In partnership across all
Boroughs and Districts, providing 2.056 incidents of support. Funding continued to be a challenge for many
groups and WCAVA assisted with fundin8 applications with 372 application5 SUPPOrted amounting to
£7,947,416.82 of which £1,470.452.86 came into Warwickshire within the financial year through funding
applications and grant panels. WCAVA teams held 220 events including webinars and workshop5 and
contributed to 245 others. which enabled 13.324 people to contribute and for 2,392 or8ani5ations to be
UP5killed.
The Health and social Care Act 2022 requires the Integrated Care System (through the ICBI, to establish a
'one entry point. {VCFSE Collaborativel for the VCFSE sector. Working alongside ICB partners and Voluntary
Action Coventry, CAVA has provided a key role in supporting the development of the Collaborative as part of
the infrastructure role for the sertor. The VCSE has a vital role and has become a valued and equal partner
forming the Integrated Care System, which is based on co-production. collaborative working and
commissioning in tackling health inequalities across the country in line with need. Thi5 work continues into
2024-25 and is led by the formation of the Integrated Care Strategy, formed by the Integrated Care
Partnership IICPI and governed by the Integrated Care Board {ICBI. CAVA provide5 representation to the ICP
on behalf of the VCSE in Warwickshire and is the VCSE 'Observer' to the ICB. {Als0 see Solihulll. CAVA also
provides wider representation to the Warwickshire Care Collaborative. South Warwickshire Place.
Warwickshire North Place and the Rugby Place known as the Rugby Health and Wellbeing Partnership. These
form part of the wider ICS structure.
Our'simply Connect, volunteering portal supported by our volunteering coordinators enables volunteers and
volunteer involving organisations to have 24-hour access to volunteering opportunities. During 2023-24 1752
individuals interested in volunteering (Warwickshire) were supported by WCAVA'S volunteering team
resulting in 1211 being placed in a volunteering role of which 720 were placed within a service supporting
community need. The economic value of this volunteering equates to approximately £4,053,498 per annum,
thi5 includes 148 one off ESV (Employee Skilled Volunteering) and micro volunteering Opportunities
undertaken.

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
TRUSTEES. REPORT IINCWDING DIRECTORS. REPORT) (coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Solihull
We have continued our delivery in Solihull, developin8 partnerships and increasing levels of support to VC5
groups in Solihull working with 140 organisations providing funding and group development support, trustee
recruitment and Corporate Social Responsibility (CSRI support and engagement with the wider community
sector. 41 groups were given one-to-one support to develop fundraising skills and enable higher levels of
confidence around bid writing resulting in £1.525.347 successful grant applications. 60 events and workshops
were held with 3,569 attendee5.
Through Corporate social Responsibility (CSRI, £5,500 was directly contributed to Solihull communitie5 and
businesses donated furniture. easter eggs and stationery to VCS organisations. CAVA facilitated employer
SUPPOrted volunteering and helped host 380 older people for Christmas festivities at Birmingham NEC.
The Solihull Volunteer Mana8ers' Forum facilitated by WCAVA continued to meet regularly and be a valued
resource to volunteer managers and the NSVCA (North Solihull Voluntary and Community Alliance) w35 a150
valued as a focal point for organisatons working in the north of the borough.
Solihull's Volunteering Coordinator supported 109 volunteers. and 56 volunteer-involving organisations
IVIO'S) were given one-to-one support regarding recruitment and management of volunteers. 17 VIO'S were
asslsted to utilise Simply Connect, the volunteer brokerage portal, and in totsl 97 volunteering Opportunities
were advertised. 116 new volunteers were also signed up to the Simply Connect portal to find volunteering
placements from the available volunteering opportunities. The economic value of volunteering was
estimated as £388,416.
During the year we have continued to disseminate electronic information to groups and organisations. Our e-
zine and bulletin subscription levels 5t3nd at 2.629 across Warwickshire and Solihull
Restricted Fund Activities
During the year we have undertaken a wide range of projett work detsiled in note 23.
FINANCIAL REVIEW
The Directors report that:
Unrestrirted Funds for the year show a net expenditure of £112,68012023: net income of £39.281}
Designated Funds showed a net expenditure of £24.548 {2023: nil net movement)
Restrlcted Funds showed a net income of £60.33912023: net income of £89,531)
Endowment Funds showed a net expenditure of £4,892 (2023: net expenditure of £4.743)

WARWICKSHIRE COMMUNITY AND VOLUNTARY A￿lON
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Review of financial position at the end of the reportin8 period
Flnanclal effect of sl8nificant events
Sale of Rugby Premises
Followin8 on from the Boards decision in 22123 to approve the sale of WCAVA Rugby premises the premises
were offered for sale. The sale was completed in April 2024 for £335k and the monies were recesved in the
202412025 financial year.
Cost of Livin8 Crisis
The new Pay Policy following the pay review undertaken in 2022-23, was implemented and took effect from
01104123. The Board also recognised the financial impact on WCAVA staff during the year and agreed
further 3% payment to each member ofstaff.
Big Local Arley
This project will finish in the next financial year and temporary stsff contracts will end August 2024.
Principal Risks. Uncertainties. summary of plans and strategies for managing th05e risks
During 2022, the Clinical CoTnmi5sioning Groups evolved into the Integrated Care System. CAVA received circa
£65k annually from the CCG towards infrastructure support for the sector and was uncertain. due to changes
in system. if thi5 funding would continue. This risk was identified and following discussions with the
commissioner this funding has been secured for 2024-25. In addition, CAVA will receive a second line of grant
income to the value of £72,5001+3% for 251261 to host the ICS VCFSE Collaborative which will see the
employment of a Pro8ramme Managerto deliver r(5 ambitions.
The contract with 50lihull Metropolitan Borough Council was due to end in March 2024 but has been
extended to September 2024. WCAVA have completed a tender for the new contract and are currently
awaiting the outcome. The risk includes a drop in IO% of our income and potential10ss of staffing. TUPE
information has been requested which helps reduce risk to job security and an exit strategy will be devised to
manage, in the event of end of contract. The Board are mitigating each stsge of the process and are
managing this through strategy partnership working and communication with existin8 and new
Commissioners to identify opportunities for new funding in the future.
CAVA a150 applied for a new chapter of fundin8 With both Warwick and Rugby Distrirt Councils of which both
were successful.
Fartors likely to affect future financial perforrnan￿ or posltion
Due to the current climate and significant inflation/cost of living crisis. the predicted budget pressure in
2024125 is £5k. Thi5 risk is being managed by a review of the Warwick Di5trlct physlcal assets; monltorlng of
the management accounts process and a review to explore more efficient Systems and processes. New ways
of workin8 are bein8 implemented to utilise the underspend on the Levelling up funds which is an extension
to the County Contract.

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The contract with Warwickshire County Council (WCC) has been av￿rded on a fixed c05t each year for the
lifetime of the contract and therefore not able to meet the challenges brought about by the unprecedented
increase in inflation. Whilst budget pressure discussions and negotiations are currently being held with the
Council, CAVA also recognizes the financial impart on all Councils brought about by the cost-of-living crisis
and the Local and General Elections.
CAVA'S initial 3-year contrdct with Warwickshire County Council is due to expire on 3110312025 however, thi5
15 likely to move into the +2 extension as part of the original contract terms. The SMT and CEO are in
continuous dialogue with its Contract Manager to ensure it can receive ary update5 which it may need to
respond to in a timely and proactive way.
The Board have identified this risk and are working to reduce through ongoing dialogue with WCC and
reviewin8 if the current sale of fixed assets will support financial sustainability through alternative
investment and 8rovrth opportunities, as well as cost savings and diver5ification of income, especially
unrestricted.
Principal Sources of Funding
Our principal Source of funding continues to be from Warwickshire County Council.
The charity did not carry out significant fundraising activities in the year.
Freehold Property
The freehold properties, after depreciation, had a net book value of £318,800 at 31 March 2024. The
properties are functional assets used in the fulfilment of our charitsble objects and the Directors consider
the amount refiects the value in use. The Directors also consider that the value is a reasonable approximation
of market value and that any fluctuation is temporary and would not materially impact on the understanding
of the charitable company's financial position by the reader of the financial statements.
Investment and Reserves
We continue to be committed to maximising our income. in relation to investments, within an ethical
framework, but without taking any undue risks. Our surplus funds are invested in several low risk higher yield
investments with well-known financial institutions and are regularly reviewed by the Board. With regards to
Reserves. we have established a policy whereby the unrestricted funds not committed or invested in tangible
fixed assets held by the charitable company should equate to no less than 15% of the unrestricted funds
expended. This equates to £131,192 for 202312024. At this level the Directors feel that they would be able to
continue some of the current activfties of the charity in the event of a significant drop in funding. At the year
end, free reserves are in deficit of £{64.731}. The free reserves are below the policy level at the year end,
however the Rugby premises were sold in April 2024. This releases £335k into free reserves to use for future
charitable activities and development of the or8anisation.
Taxation
As a charity, subject to certain restrictions, Warwickshire Community and Voluntary Action is exempt from
corporation tax on income and gains. No liability arises in the year. The Charity wa5 re8i5tered for VAT
throughout the year and all resources expended include non-reclaimable VAT as appropriate.

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
TRUSTEES. REPORT (INCWDING DIREcfoRS' REPORT) {CONTINUED)
FOR THE YEAR EJVDED 31 MARCH 2024
Grart Making
Grant Making is not a material element of Warwickshire Community and Voluntary Attion's artivities. During
the year however, the Charity has facilitated the making of 8rant5 to local organisations and charities by way
of supporting grant making bodie5 includin8 Bi8 Local Trust. These transactions are detailed in note 8.
PLANS FOR FiJfuRE PERIODS
2023124 ha5 been a year focused on devising the new Vision and Strategic Prioritie5 for 2023-26. Various
consultations were undertaken with both internal and external stakeholders to Identify both need and our
opportunities for development.
The demand for our support has remained high compoursded by the impact of Cost of living on VCSE sector
and the significant increase in volunteer recruitment. The fact that over 2300 organi5ations and 8roup5 and
over 1200 volunteeTS have been supported is testament to the hard work and dedication of our staff and
volunteers. It continues to be harder and harder to secure funding and ￿sOUrceS for the vast amount of
organisations and groups that we support and going forward we are putting resource into developing
relationships in the following key areas..
DiveTSifyins our FurKlin8 Base
We successfully diversified our funding base over recent years and generated a significant proportion of our
income through independently earned income. However with the uncertainty of funding streams going
forward and the impact of Cost of Living. this may impact on such projects going forward. We will therefore
renew our efforts to strengthen our position by pursuing funding opportunities with our strategic partners,
private sertor 3nd by introducing 3 new income generation strategy for the organisation.
Prlvate Sertor Partner Support
Relationships continue to be established with private sector partners 3nd the work we do with them around
Corporate Social Responsibility ICSRI, including Employee Skilled Volunteering {ESVI. Going forward a new
CAVA CSR working party will be established to build on our current level of partner support.
Board structure Review
Having completed and implemented the organisatTon restructure the Board recognised more value in
meeting as a whole Board and have therefore agreed to meet as a full board on a bi-monthly ba515.
Diverslty
It is imperative that WCAVA is representative of the communities in which service5 are delivered. During
2023-24 we continued our development on this area. working directly with a Lead Trustee for E&D and SMT
member to improve diversity in terms of recruitment of staff, volunteers. Trustees and to address how we
can improve our reach to diverse communities and groups and now have in place an organisation Equality &
Diversity Action Plan.
Increa5in8 Membership
There is a general desire to increase the number of groups CAVA can support a5 it provides consistently high
levels of support to organisations and groups who are not member organisations. Going forward WCAVA'S
strength can be in its membership and a two-way relationship that will bring benefit to both parties. This will
provide improved understanding of our members, needs thereby providing 5tron8er ewdence for future
funding bids. Moving forward. in 2024-25. the Board and SMT will consider its position as a strategic priority
for the organisation and which approach it will take in line with the new strategy.

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACflON
TRU5TEES' REPORT IINCLUDING DIREcfoRS' REPORn ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Communication & Marketin8
WCAVA considered its strategic priorities and developed a marketing and comms plan which focuses work on
a stronger digital presence in order to be better placed to increase the reach of our members, voices and
celebrate their impatt. During 2023124, CAVA revamped the website.
Property Portfolio
In 2022-23 a significant review of the organisation's properties was undertaken to identify assets and risk in
relation to need. In early 2023, the Board agreed to market the sale of the rugby office due to chan8in8 Staff
needs and hybrid working. The Rugby premises were sold in April 2024 for£335k.
10-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
srATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR EhlDED 31 MARCH 2024
DIREcn)RS' RESPONSIBILMES
The Directors are responsible for preparing the Direttor< Report and the financial Statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Prarticel.
Company law requires the Directors to prepare financial statements for each financial year, which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure. of the charitable company for the year. In preparing
these financial statements. the Director5 are required to:
• select suitable accounting policie5 and then apply them consi5tently-
• observe the methods and principles in the Charities SORP-
make Judgements and estimates that are reasonable and prudent:
• State whether applicable UK Accounting Standards have been followed, Subject to any material
departures disclosed and explained in the financial 5tatements,'
prepare the financial statements on the going concern basis unles5 it 15 inappropriate to presume
that the charitable company will continue in operation.
The Directors are responsible for keeping adequate accountin8 record5 that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also
re5pon5ible for safeguarding the assets of the charitable company and hence for tsking reasonable steps for
the prevention and detection of fratjd and other irregularities.
In so far as the Directors are aware:
there is no relevant audit information of which the charitable company's auditor is unaware,. and
the Directors have taken 311 steps that they ought to have taken to make thernselves aware of any
relevant audit information and to establish that the auditor is aware of that information.
The Directors are responsible for the maintenance and inte8rity of the corporate and financial information
included on the charitable company's websrte. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in other jurisdirtions. This report was
approved by the Board on ..IK8E. 2011t .
Andrew Gabbitas
Chai
11

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF WARWICKSHIRE COMMUNITY AND VOLU￿rARy A￿lON
Opinion
We have audited the financial statements of Warwickshire Community and Voluntsry Action {the 'Charity'l
for the year ended 31 March 2024 which comprise the statement of financial activities. the summary income
and expenditure account. the balance sheet. the statement of cash flobvs and the notes to the financial
statements. including significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kin8dom Accountin8 Standard5, includir$8 FRS 102
"The Financial Reporting Standard applicable in the UK and Republic of Ire13nd" (United Kingdom Generally
Accepted Accountin8 Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable companvs affairs as at 31 March 2024 and of its
incoming resources and application of resource5. including its income and expenditure, for the year
then ended,.
have been properly prepared in accordance with United Kingdom Generalty Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Companies Act 21JO6.
Basis for opinion
We condurted our audit in accordance with Intemational Standards on Auditing {UK) IISAS IUKII and
applicable law. Our responsibilities under those stsndards are further described in the Auditor'5
responsibilities fvr the audit of the finonciol st(Jtements section of our report. We are independent of the
Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements
in the UK. including the FRC'S Ethical Stsndard. and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relatin8 to going concern
In auditing the financial ststements, we have concluded that the Trustees. use of the going concem bosis of
accounting in the preparation of the financial ststements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events
or conditions that. individu3lly or collectively, may cast significant doubt on the Charity's ability to continue
as a Boing concern for a period of at least twelve months from when the financial statements are authorised
for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in
the relevant sertions of this report.
12-

WARWICKSHIRE COMMUNITY AND VOLuMfARY AcfioN
INDEpENDE￿r AUDtroR'S REPORT (CONTINUED)
TO THE MEMBERS OF WARWICK5HIRE COMMUNITY AND VOLuNfARY ACTION
Other information
The other information comprises the information included in the annual report other than the financial
Statements and our auditor's report thereon. The Tru5tee5 are responsible for the other information
contained within the annual report. Our opinion on the financial statements does not cover the other
information and. except to the extent otherwise explicitly stated in our rg.Ptsrt. we do not exp￿5$ any form of
assurance conclusion thereon. Our responsibility is to read the other information and. in doing so. consider
whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements. we are required to determine whether thi5
gives rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material mi55tatement of this other information. we are required to
report that fact.
We have nothing to report in this regaTd.
Opinions on other matters prescribed by the Companies Art 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the Trustees, report for the financial year for which the financial statements
are prepared. which includes the directors. report prepared for the purposes of company law. is
con515tent with the financial statements: and
the directors, report included within the Trustees, report has been prepared in accordance with
applicable legal requirements.
Matter5 on which we are required to report by exceptlon
In the light of the knowledge and understsnding of the Charity and its environment obtained in the course of
the audit, we have not identrfied material misstatements in the directors. report included within the
Trustees, report.
In the li8ht of the knowledge and understandin8 of the charitable company and its environment obtsined in
the course of the audit, we have not identified material misstatements in the Director's report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion=
certain disclosure of directors, remuneration specified by law are not made; or
the financial statements are not in agreement with the accounting records and returns and retums; or
certain disclosure5 of trustees. remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or; or the Trustees
were not entitled to prepare the financial rtatements in accordance with the small companies, regime
and take advantage of the small companies, exemption in preparing the directors, report from the
requirement to prepare a strategic report.
the Trustees were not entitled to prepare the finar¢cial statements in accordance with the small
companies regime and take advantage of the small companie5, exemptions in preparing the Trustees.
report and from the requirement to prepare a 5trate8ic report.
13-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
INDEPENDEMf AUDITOR'S REPORT (coMfiNUED)
TO THE MEMBERS OF WARWICKSHIRE COMMUNrrY AND VOLUNTARY AcfioN
Responsibilities of Trustees
A5 explained more fully in the statement of Trustees, responsibilities. the Trustees, who are also the directors
of the Charity for the purpose of company law. are responsible for the preparation of the financial
Statements and for being satisfied that they 8ive a true and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement. whether due to fraud or error. In preparing the financial statements. the Trustees are
responsible for assessing the Charity's ability to continue as a going concern. disclosinB. as applicable,
matters related to going concern and using the going concern basis of accounting unless the Trustees either
intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do
so.
Auditor's responsibilities for the audit of the financlal staternents
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error. and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted
in accordance with ISAS IUK) will always detect a material misstatement when it exists. Misstatements can
arise from fraud or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users taken on the bo515 of these financial
Statements.
Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud. is detailed below.
We gained an understanding of the legal and regulatory framework applicable to the charity and the industry
in which it operates and assessed the extent of compliance with these laws and re8ulation5 as part of our
procedures on the related financial statement items.
Based on our understanding of the charity and the sector5 it operates in we identified that the principal risks
of non-cornpliance with laws and regulations related to breaches of Charities Act 2011, UK Tax Legi513tion
and UK Employment Law; Companies Act 2006- Safeguarding and GDPR regulation5; and the terms of the
charity's governing documents. We also evaluated mana8ement incentive and opportunities for fraudulent
manipulations of the financial statements.
14-

WARWICK5HIRE COMMUNITY AND VOLUNTARY ACTION
INDEPENDENT AUDrroR'S REPORT (CONTINUED)
TO THE MEMBERS OF WARWICKSHIRE COMMUNITY AND vOLU￿rARy AcfioN
Audit procedure5 performed included:
Identifying and assessing the design effectiveness of controls in management have in place to
prevent and detect frdud.
Challenging assumptions and judgments made bv management in their significant accounting
estimates and a55es5ing rf these indicate evidence of management bias-
Reviewing the accounting records for large and unusual journal entries and testing any identified and
in particular the rationale for any transactions outside the chority's normal course of activity;
Reviewing the accounting records for large and unusual bank payments and testinE any identified
and in particular the rationale for any transactions outside the tharity's normal course of activity-
Testing a Sample of debit entries in the profit and Ios5 account to check they are bona-fide costs
made for the benefit of the charity;
Discussions with management. including consideration of known or suspected incidences of non-
compliance with laws and regulation and fraud;
Reviewing retums made to Companies House and HMRC.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or nork-compliance with
regulation. Thi5 risk increases the more that compliance WFth a law or regulation is removed from the events
and transactions reflected in the financial ststements. as we will be less likely to become aware of instances
of non-compliance. The risk is also greater regarding irregularitie5 occurring due to fraud rather than error, as
fraud involves intentional concealment, forgery. collusion. omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council'5 website at:
https://www.frc.org.uVauditorsresponsibilities. This description forms part of our auditor's report.
Use of OUT report
This report is made solely to the charit3ble companvs members. as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's member5 those matter5 we are required to state to them in an audttors, report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charitable company and the charitable company's members as a body, for our audit
work, for this report, of for the opinions we have formed.
Wende Hubbard FCCA (Senior Statutory Auditor)
for and on behalf of Burgis & Bullod(
21 st October 2024
Chartered Accountants
Statutory Auditor
23-25 Waterloo Place
Leamington Spa
Warwickshire
CV32 SLA
15-

WARWICKSHIRE COMMUNrrY AND VOLUNTARY AcfioN
srATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 MARCH 2024
Current financial year
Unrestricted Unrestrirted Restricted Endowment
funds
funds
fvnds
funds
8eneral Designated
2024
2024
Total
Total
2024
2024
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable artivitie5
Investments
Other income
3,328
627,126
4,243
104,006
695
799,649
4.023
1,823
1.426.775 1.425,537
4.243
583
104.006
117,087
Total income
738,703
8(M),344
1,539,047 1,545,030
Ex
enditure on:
Charitable artivities
874.611
1,320
740.005
4,700 1,620,636 1,420,918
Totsl expenditure
874,611
1,320
740.005
4,700 1,620,636 1,420,918
Net gainslllossesl on
investments
11921
{192}
{431
Net (outgoingllincoming
resources before transfers
{135.908}
11.320)
60,339
(4,8921 {81,781}
124.069
Gross transfers
between funds
23,228
123,228)
Net movement in funds
1112,680) 124.548)
60.339
(4.8921 {81,781}
124,069
Fund balances at l April 2023
394,919
24,548
453.945
190.306 1.063,718
939,649
FuTtd balances at 31 Mareh
2024
282,239
514,284
185,414
981,937 1,063.718
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing artivities.
16-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
STATEMENT OF FINANCIAL AcfiviTIES (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Prior financial year
Unrestrlcted Unrestricted Restricted Endowment
funds
fun(ts
funds
funds
general Designated
2023
2023
Total
2023
2023
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
1,587
626,384
583
117,087
236
799,153
1,823
1,425,537
583
117,087
Total income
745,641
799.389
1,545,030
enditure on:
Charitable activities
706.360
709,858
4,700 1,420,918
Total expenditure
706,360
709.858
4,700 1,420,918
Net gains1{losse5) on
investments
{43}
1431
Net loutgoing)/incorning re50urce5 before
transfers
39.281
89.531
14.743}
124.069
Net movement in funds
39,281
89.531
14.7431
124,069
Fund balance5 at l April 2022
355,638
24.548
364.414
195,049
939,649
Fund balances at 31 Marth 2023
394,919
24.548
453.945
190,306 1,063.718
17-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
SUMMARY INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
All Income funds
2024
2023
Gr05s income
Gainslllosses) on investments
L539.047
{19Z)
1.545,030
143)
Total income in the reporting period
1.538.855
1.544,987
Total expenditure from income funds
1,620,636
1,420,918
Net (expendlture)Ilncome for the year
(81.781)
124,069
18

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notss
Flxed assets
Tangible a55et5
Inve5tment5
14
518,057
16.214
520,539
16,406
15
534.271
536.945
Current assets
Debtors
Cash at bank and in hand
17
186.110
484.038
388,071
447,314
670,148
835,385
Creditors: amounts falling due within
one year
{222,482)
(308,612)
Net current assets
447,666
526,773
Total assets less current liabilities
981.937
1,063,718
Net assets
981.937
1.063,718
The funds of the Charity
Endowment funds
Restricted incorne funds
Unrestricted funds- general
Unrestricted funds- designated funds
21
185.414
514.284
282.239
190.306
453,945
394.919
24.548
23
22
981,937
1.063.718
The financial statements were approved by the Trustees on
a.i.&+ OG*okxf 2Da4
kPL-
Andrew Gabbita
Trustee
P Robson
Trustee
Company registration number 06531268 (England and Wales)
19-

WARWICK5HIRE COMMUNITY AND VOLUNTARY AcfioN
srATEMENT OF CASH FLOWS
FOR 7HE YEAR EhlDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating artivities
Cash generated fromllabsorbed bvl
operation5
28
48,053
185.044)
Investing activities
Purchase of tangible fixed assets
Investment income received
115.572}
4,243
165.640}
583
Net cash used In Investing artlvltles
{11.3291
(65.0571
Net cash used in financing actfvltles
Net increase/(decrease) in cash and cash
equivalents
36,724
1150,1011
Cash and cash equivalents at beginning of year
447,314
597,415
Cash and cash equivalents at end of year
484.038
447,314
-20-

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EAIDED 31 MARCH 2024
Accounting Pollcies
Charlty Inforniation
Warwickshire Community and Voluntary Action 15 a charitable company limited by guarantee.
incorporated in England & Wales on 11 March 2008 and re8lStered in Cardiff, as a charity on l April
2008. Th@ regist@rèd offitè is 4-6 Clemens Street. Leamin8ton Spa. CV31 2DL.
1.1 Accounting Convention
The financial statements have been prepared in accordance with the Companies Act 2006. and
"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}" leffective l January 2019). The Charity is a Public Benefit Entity as
defined by FRS 102.
The financial Statements are prepared in sterling, which is the fvnctional currency of the Charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial ststements have been prepared under the historical cost convention, modified to include
fixed asset investments and certain financtal instruments at fair value. The principal accounting policie5
adopted are set out below.
1.2 Golng Concern
At the time of approving the financial statements, the Trustees have a reasonable expertation that the
Charity has adequate resources to continue in operational existence for the foreseeable future. Thu5
the Trustees continue to adopt the 80ing concern basis of accounting in preparing the financial
statements.
1.3 Charftable Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their
charitable objectives.
Designated funds are unrestrirted funds that the directors have set aside for specific purposes.
Restricted funds are funds that can onty be used for particular purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are rdised for particular restricted
purposes.
Endowment funds are funds which are gifted and where re5trittions arise when specified by the donor
and capital is not used for direct expenditure.
1.4 Incoming Resources
Income is recognised when the Charity is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably. and it is probable that income will be received.
21-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NcyfES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Ac¢ountln8 Pollcles
{Q)Thtinued)
Grant5 and other income are recognised when the income is due providing terms and conditions have
been met.
Rental income is recognised on a straight line basis over the contracted term.
Income 15 measured at the fair value of the consideration received or receivable and represents
amounts receivable for services provided in the normal course of business, net of discounts. VAT and
other sales related taxes.
1.5 Resources Expended
Liabilities are recognised as resources expended as soon as there 15 a legal or constructive obligation
cornmitting the charity to the expenditure. All expenses are accounted for on an accruals basis.
Expenditure incurred on support Costs arises from project management, split as agreed by Funders.
Finance and Human Resources costs allocated to projects paying for these costs. and central overheads
and general management which are spltt on a full time equivalent employee basis. Other funders aEree
a percentage of salary expenditure incurred during the year. Governance costs only include the audit
fee, AGM expenditure, Director5, expense5 and Companies House fee.
Expenditure byArtivity
Charitable expenditure is allocated to relevant artivities on a direct cost basis and. in respect of anv
shared administration costs. as set out above under 'Resources Expended.. Activities are categorised by
way of projects being undertaken and the provision of the charity's core objective5 in providing
Infrastructure support to the local. voluntsry and community sector. The tota5 expenditure incurred on
each individual activity is disclosed in the financial statements. The Trustees also provide a further
analy515 of the overall expenditure incurred by the charity by cost centre. The Trustees believe this
information provides the reader of the financial statements with a clearer understanding of the costs
associated with delivering their charitable attivities and the overall nature of those costs.
1.6 Tanglble Flxed Assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net
of depreciation and any impairment losses.
Depreciation is charged by annual instalments commencing with the date of acqui51tion at rates
estimated to write off their cost less any residual value over the expected useful lives a5 follows:
Freehold land and buildings
Leasehold improvements
Furniture and equipment
50 years straight line
Over life of lease
5 years straight line
Furniture and equipment with a monetary value of less than £2,500 is written off in full in the year of
purchase.

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting Policies
{Contlnued)
1.7 Fixed a55et investments
Investments are a form of basic financial instrument and are initially recogni5ed at their transaction
value and subsequently me3%urp.d At thpir value at the balance shegt d3te using the closing quoted
market price. The statement of financial activitie5 includes the unrealised gain or loss arising on
revaluation.
1.8 lrnpalrrnent of flxed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists. the recoverable amount of the asset is estimated in order to determine the extent of
the impairment105s (if any).
1.9 Cash and cash equl¥alents
Cash and cash equivalents indude cash in hand, dep05it5 held at call with banks. other short-term liquid
investments with original maturities of three months or less.
1.10 Financial in5twuments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section
12 '0ther Financial Instruments15sues' of FRS 102 to all of its financial instruments.
Financial a55ets and liabilities are recognised when the charity becomes party to the contractual
provisions of the instrument. The charity only has financial assets and liabilities of a kind that qualify as
basic financial instruments. All financial assets and liabilities are initially recorded at transaction price.
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the
amount prepaid.
Ba5icfinancial a55ets
Basic financial assets are subsequently carried at amortised cost using the effective interest method
unless the arrangement constitutes a financing transaction. where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest.
Baslcfinantlal Ilabllities
Basic financial liabilities, includin8 creditors and provisions are recognised where the charity has a
present obligation resultin8 from a past event that will probably result in the transfer of funds to a third
party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are
normally recognised at their settlement amount after allowing for any trade discounts due and are
subsequently carried at amortised cost. usine the effective interest rate method. Financial assets and
liabilities classified as receivable or payable within one year are not arnortised.

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Acfountlng Pollcles
(Continued)
Derecognltlon oAfinonclol Ilabllities
Financial liabilitie5 are derecogni5ed when the charit(s contractual obligations expire or are dSschar8ed
or cancelled.
Rentals payable under operating leases are charged against incorne on a straight line basis over the
period of the lease.
1.11 Pension costs
The charity operates a third party defined contribution scheme. The pension charge is Shown in note 11
to the accounts.
1.12 Retiremert benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall
due.
1.13 Operating Leases
Rentals payable under operating leases. including any lease incentive5 received, are charged as an
expense on a straight line basis over the term of the relevant lease.
Critical accounting estimates and Judgements
In the appllcation of the Charity5 accounting policies. the Trustees are required to make judgements.
estimates and assumptions about the carrwng amount of assets and liabilities that are not readily
apparent from other sources. The estimates and a550ciated 355umptions are based on historical
experience and other factors that are considered to be relevant. Attual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in whid) the estimate is revised where the revision affects only
that period. or in the period of the revision and future periods where the revision affect5 both current
and future periods.
The following judgements and estimates have had the most significant effect on amounts recognised in
the accounts:
Analysls of expendlture on actlvlty basis
The charity has used judgement to allocate expenditure to its principal activities. Expenditure on
support costs is allocated to projects paying for these costs. and central overheads and general
management costs are split on a fvll time equivalent employee basi5. Other funders agree a percentsge
of salary expenditure incurred during the year.
-24-

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL sfATEMENTS (coKfiNUED)
FOR 7HE YEAR ENDED 31 MARCH 2024
Income from donations and legacles
Unrestricted Restrirted
funds
funds
2024
Z024
Total Unrestrlcted Restricted
funds
funds
2023
Z023
Total
2024
20Z3
Donations and gifts
3,328
695
4,023
1.587
236
1,823
Charltable artlvltles
Charltable Charitable
Income
Income
2024
2023
Grants
Supply of service5
Contractual payments
Other trading income
Sponsorship income
561,629
70,395
824,340
1,361
5.050
690,597
46.751
687,440
749
1.426.775 1,425,537
Analysis by fund
unrestricted funds - general
Restricted funds
627.126
799.649
626,384
799,153
1.426.775 1.425,537
Income from investments
Unrestricted Unrestrltted
funds
funds
2024
2023
Income from listed investments
4.243
583
-25-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENTS IcoNfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Other Income
Unrestrlrted Unvertrlrted
funds
funds
2024
2023
Rent receivable
104,006
117,087
-26-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NOTES TO THE FINANCIAL 5TATEMEKrs (coKriNUED)
R?R THE YEAR EhlDED 31 MARCH 2024
Expenditure on charitable activities
Charitable
Charltable
Expenditure Expenditure
2024
2023
Dirert costs
Staff costs
Depreciation and impairnient
Premises Costs
Travelling expenses
Office expenses
Equipment hire and rental
Repairs and maintenance
General expenses
Irrecoverable VAT
Bank charges
Professional Fees
IT Costs
1.042,989
18.054
76.995
19,252
16,888
10,162
43,287
112,028
18,052
922.695
17,140
65,090
10,315
11,108
4,067
55,917
100,750
5,507
li
1,181
24,199
36,683
3,594
1.418
29,889
32.953
2,258
Direct Costs
1.423,364
1,259,107
Grant funding of activities (see note 81
188,705
154,546
Share of support and govemance costs (see note 91
Governance
8,567
7,265
1.620,636
1,420,918
Analysls by fund
Unrestricted funds- 8eneral
Unrestricted funds- designated funds
Restricted funds
Endowment funds
874,611
1,320
740,005
4.700
706,360
709,858
4,700
1.620,636
1,420.918
-27-

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL sfATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
Charitsble
Charitable
Expenditure Expenditure
2024
2023
Grants to institutions:
BL Arley & Ansley
BL Hill Top & Caldwell
Other minor fund5
LS1 Carers
Coventry CDA
Grapevine
Ex Minin8 Villages Partnership
WCC Digita5 Exclusion Projects
National Association of Food Programme
Amanah Youth
84.214
19,204
1,287
31.624
2.482
3,891
25.052
40.000
40,000
40.000
40,1)00
10,497
188.705
154,546
Support costs allocated to activitie5
2024
2023
Governance costs
8,567
7,265
Analy5ed between:
Charitable Expenditure
8,567
7,265
2024
2023
Governance costs comprise:
Audit fees
Le8al and professional
Trustees expenses
8,000
400
6,969
167
296
8,567
7.265
-28-

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
R?R THE YEAR EhlDED 31 MARCH 20Z4
10 Net movement In funds
2024
2023
The net movernent in fund5 is stated after charging/{creditingl:
Fees payable for the avdit of the charity'5 financial Statements
Depreciation of owned tsngible frAed a55ets
8,000
18,054
6,969
17,140
11 Trustees
None of the Trustees (or any persons connerted with them) received any remuneration or benefits
from the Charity during the year. Expenses amounting to £167 were reimbursed to 3 trustees during
the year12023 - £296 reimbursed to 2 trustees).
12 Employees
The average monthly number of employees during the yearwas:
2024
Number
2023
Number
42
41
Employment costs
2024
2023
Wages and salaries
Social security costs
other pension costs
937,635
72,384
32.970
810,170
67,809
44,716
1.042.989
922,695
The number, on the basis of full time equivalents by analysed functions, was: 15.1 WCAVA Core
Activities staff12023 15.6) and 14.6 other Projects staff12023 13.31.
There were no employees whose annual remuneration w3s more than £60,￿1.

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
N(￿E5 TO THE FINANCIAL STATEMENT5 (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Gains and losses on Investments
Endowment Endowment
funds
funds
2024
2023
Gains/llossesl arising on:
Revaluation of investments
11921
1431
14 Tangible r￿d assets
Total
aml IMAldlw vnprg¥efflents
equipment
Cost
At l April 2023
Additions
455,000
2(Ki,880
15.572
18,578
674,458
15,572
At 31 March 2024
455,000
216.452
18,578
690,030
Depreciation and Impalmient
At l April 2023
Depreciation charged in the year
127,100
9.100
12.014
7.068
14,805
1,886
153,919
18,054
At 31 March 2024
136.200
19,082
16,691
171,973
Carrying amount
At 31 March 2024
318,800
197,370
1.887
518.057
At 31 March 2023
327,900
188.866
3.773
520,539

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Flxed asset Investrnents
Llsted
Investments
Cash In
portfollo
Total
Cost or valuation
At l April 2023
Valuation changes
8.839
1192}
7,567
16,406
11921
At 31 March 2024
8.647
7,567
16,214
Carrylng amount
At 31 March 2024
8.647
7,567
16,214
At 31 March 2023
8.839
7,567
16,406
16 Financial instruments
2024
2023
Carrying amount of financlal assets
Instruments measured at fair value through profit or loss
8,647
8,839
17 Debtors
2024
2023
Amounts falllng due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
121,621
2,705
61,784
361,395
2,705
23,971
186.110
388,071
31-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NOTES TO THE FINANCIAL 5TATEMENT51CONTINUED)
FOR THE YEAR ENDED31 MARCH 2024
18 Creditor5: amounts falling due within one year
2024
2023
Notes
Other tsxation and social security
Deferred income
Trade creditors
Other creditors
Accruals and deferred income
126.475
13.5
38,082
31.380
13.045
51,972
96,231
115.957
21,976
22.476
19
222,482
308,612
19 Deferred Income
2024
2023
Other deferred income
13.SC(I
96.231
Deferred income related to grants and service contrart income received in advance is included in the
financial statements as follows:
2024
2023
Deferred income is included within..
Current liabilities
13,5¢X)
96.231
Movements in the year:
Deferred income at l April 2023
Released from previous periods
Resources deferred in the year
96.231
126.057
(84,231} {19Q.7681
1.5C(I
160.942
Deferred income at 31 March 2024
13.51JO
96.231

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL STATEMENT5 (CONTINUED)
FOR ThIE YEAR ENDED 31 MARCH 2024
20 Retirement benefit schemes
2024
2023
Deflned contrlbutlon schemes
Charge to profit or loss in respect of defined contribution Schemes
32,970
32.528
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of
the scheme are held separately from those of the Charity in an independently administered fund.
21 Endowment funds
Endowment funds represent assets which must be held permaner*tly by the Charity. Income arisin8 on
the endowment funds can be used in accordance with the objects of the Charity and is included as
unrestricted income. Any capital gains or1055es arising on the assets form part of the fund.
At l April
2023
Resources
expended
Gains and At 31 March
losses
2024
Permanent endowments
Morwenna Hughes Memorial Fund
Freehold Premises
16.406
173.9(10
1192)
16.214
169.200
14.71KII
190,306
14,7001
11921
185,414
Previous year:
At l April
2022
Resources
expended
Gains and At 31 March
losses
2023
Permanent endowments
Morwenna Hughes Memorial Fund
Freehold Premises
16,449
178.600
1431
16,406
173,900
14.700}
195.049
14.700}
1431
190,306
-33-

WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Unrestrlcted funds- designated funds
The incorne funds of the charity include the following designated fund5 which have been set aside out
of unrestricted funds by the trustees for specific purposes:
At l Aprfl
2023
Resources
expended
Transfers At 31 March
2024
Nuneaton - Newtown Centre
24.548
(1,3201
123,2281
Previous year:
At IApril
2012
Resources
expended
Transfers At 31 March
Z023
Nuneaton - Ne￿rtown Centre
24.548
24.548
Transfers of £23.228 were made from the designated fund to the unrestrirted fund to cover capital and
revenue expenditure in relation to the Newtown Centre.

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WARWICKSHIRE COMMUNITY AND VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
24 Analysis of net assets between fvnds
Unrestricted Unrestricted
funds
funds
seneral designated
funds
2024
Restricted Endowment
funds
funds
Total
2024
2024
2024
2024
At 31 March 2024:
Tangible assets
Investment5
Current assetsllliabilities)
346,970
1,887
169,200
16.214
518,057
16,214
447.666
164,731)
512.397
282.239
514.284
185.414
981.937
Unrestricted Unrestricted
funds
funds
general deslgnated
funds
2023
Restrirted Endowment
funds
funds
Totsl
2023
2023
2023
2023
At 31 March 2023:
Tangible assets
Investments
Current assets/(liabilities)
153.999
188.867
3,773
173,900
16,406
520,539
16.406
526,773
240.920
{164,3191
450,172
394.919
24,548
453,945
190.306
1.063.718
25 Operating lease commitments
At the reporting end date the Charity had outstanding commitments for future minimum lease
payments under non-cancellable operating le35es. which fall due as follows..
2024
20Z3
Within one year
Between two and five years
In over five years
14,396
4,953
629
8,161
3,939
679
19.978
12.779
-43-

WARWICKSHIRE COMMUNITY AND VOLUNTARY ACTION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
26 Events after the reporting date
On 12th April 2024 the charity sold the Rugby property for £335,01￿} which is held in tsngible fixed
assets at a net book value of £149,600 at the year end.
27 Related party transactions
Remuneration of key management personnel
The remuneration of key management personnel wa5 as follows:
2024
2023
Aggregate compensation
63.302
66,373
28 Cash generated from operatlons
2024
2023
{Deficit)Isurpus for the year
(81,7811
124.069
Adjustments for:
Investment income recognised in statement of financial activities
Fair value gains and losses on investments
Depreciation and impairment of tsn8ible fixed assets
{4,243)
192
18,054
15831
43
17,140
Movements in working capital:
Decreasellincreasel in debtors
(Decrease) in creditors
{Decrease) in deferred income
201,961
{3,399}
182,7311
(172.639)
{23,2481
{29,826)
Cash generated froffl/(absorbed by) operations
48,053
{85,044)
29 Analysis of changes in net funds
The Charity had no material debt during the year.