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2023-03-31-accounts
|
Page |
| Trustees' report |
1 - 5 |
| Independent examiner's report |
6 |
| Statement of financial activities |
7 |
| Balance sheet |
8 |
| Notes to the financial statements |
9-20 |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2023 |
2023 |
2023 |
2022 |
2022 |
2022 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
|
| Donations and |
|
|
|
|
|
|
|
| grants |
2 |
14,172 |
310,419 |
324,591 |
11,423 |
93,324 |
104,747 |
| Charitable activities |
3 |
8,960 |
90 |
9,050 |
87,964 |
|
87,964 |
| Investments |
4 |
1,418 |
|
1,418 |
67 |
|
67 |
| Total income |
|
24,550 |
310,509 |
335,059 |
99,454 |
93,324 |
192,778 |
| Expenditure on: |
|
|
|
|
|
|
|
| Charitable activities |
5 |
21,616 |
291,342 |
312,958 |
90,441 |
107,321 |
197,762 |
| Net income/(expenditure) |
|
|
|
|
|
|
|
| for the year/ |
|
|
|
|
|
|
|
| Net movement in funds |
|
2,934 |
19,167 |
22,101 |
9,013 |
(13,997) |
(4,984) |
| Fund balances at 1 April |
|
|
|
|
|
|
|
| 2022 |
|
68,187 |
83,630 |
151,817 |
59,174 |
97,627 |
156,801 |
| Fund balances at 31 |
|
|
|
|
|
|
|
| March 2023 |
|
71,121 |
102,797 |
173,918 |
68,187 |
83,630 |
151,817 |
|
|
2023 |
|
2022 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
1,880 |
|
1,099 |
| Current assets |
|
|
|
|
|
| Debtors |
12 |
13,924 |
|
7,265 |
|
| Cash at bank and in hand |
|
160,556 |
|
148,866 |
|
|
|
174,480 |
|
156,131 |
|
| Creditors: amounts falling due within |
|
|
|
|
|
| one year |
13 |
(2,442) |
|
(5,413) |
|
| Net current assets |
|
|
172,038 |
|
150,718 |
| Total assets less current liabilities |
|
|
173,918 |
|
151,817 |
| Income funds |
|
|
|
|
|
| Restricted funds |
14 |
|
102,797 |
|
83,630 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
15 |
50,000 |
|
50,000 |
|
| General unrestricted funds |
|
21,121 |
|
18,187 |
|
|
|
|
71,121 |
|
68,187 |
|
|
|
173,918 |
|
151,817 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2023 |
2023 |
2023 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Donations and gifts |
3,722 |
- |
3,722 |
1,423 |
- |
1,423 |
| Membership fees |
450 |
- |
450 |
- |
- |
- |
| Grants receivable (note |
|
|
|
|
|
|
| 2) |
10,000 |
310,419 |
320,419 |
10,000 |
93,324 |
103,324 |
|
14,172 |
310,419 |
324,591 |
11,423 |
93,324 |
104,747 |
| **2 ** |
Donations and grants |
|
|
|
|
|
(Continued) |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2023 |
2023 |
2023 |
2022 |
2022 |
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Grants receivable for |
|
|
|
|
|
|
|
core activities |
|
|
|
|
|
|
|
South Hams District |
|
|
|
|
|
|
|
Council core funding |
10,000 |
- |
10,000 |
10,000 |
- |
10,000 |
|
Devon Voluntary Action - |
|
|
|
|
|
|
|
COMF |
- |
2,000 |
2,000 |
- |
11,794 |
11,794 |
|
Livewell SW - Community |
|
|
|
|
|
|
|
Wellbeing & Health |
- |
11,000 |
11,000 |
- |
- |
|
|
South Hams District |
|
|
|
|
|
|
|
Council - Homes for |
|
|
|
|
|
|
|
Ukraine |
|
20,625 |
20,625 |
|
|
|
|
National Lottery - SHCVS |
|
|
|
|
|
|
|
Covid-19 |
- |
55,869 |
55,869 |
|
53,310 |
53,310 |
|
NHS Devon CCG - VCSE |
|
|
|
|
|
|
|
Assembly |
|
- |
- |
- |
25,000 |
25,000 |
|
Mewstone Primary Care |
|
|
|
|
|
|
|
Network |
- |
11,280 |
11,280 |
|
|
|
|
South Hams DC and |
|
|
|
|
|
|
|
Devon CC - Ivybridge |
|
|
|
|
|
|
|
Hub |
- |
- |
|
|
1,220 |
1,220 |
|
Devon Voluntary Action - |
|
|
|
|
|
|
|
NHS SW Cost of Living |
- |
6,643 |
6,643 |
- |
|
|
|
Ivybridge Town Council - |
|
|
|
|
|
|
|
Ivybridge Community |
|
|
|
|
|
|
|
Connector |
|
4,000 |
4,000 |
|
2,000 |
2,000 |
|
South Hams Primary |
|
|
|
|
|
|
|
Care Network |
- |
37,591 |
37,591 |
|
|
|
|
Devon County Council - |
|
|
|
|
|
|
|
Tumbly Hill |
- |
6,115 |
6,115 |
|
- |
|
|
Devon County Council - |
|
|
|
|
|
|
|
Western Hospital |
|
|
|
|
|
|
|
discharge |
|
72,701 |
72,701 |
|
|
|
|
Devon County Council - |
|
|
|
|
|
|
|
Western Hospital |
|
|
|
|
|
|
|
discharge VCSE capacity |
|
|
|
|
|
|
|
building |
|
78,920 |
78,920 |
|
|
|
|
Yealm Intern |
- |
3,675 |
3,675 |
- |
- |
- |
|
|
10,000 |
310,419 |
320,419 |
10,000 |
93,324 |
103,324 |
|
2023 2022 |
|
|
£ |
£ |
| Project work and management |
9,025 |
87,892 |
| Sundry income |
25 |
72 |
|
9,050 |
87,964 |
| Analysis by fund |
|
|
| Unrestricted funds |
8,960 |
87,964 |
| Restricted funds |
90 |
|
|
9,050 |
87,964 |
|
**Unrestricted ** |
Unrestricted |
|
|
funds funds |
|
2023 |
2022 |
|
£ |
£ |
| Interest receivable |
1,418 |
67 |
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Staff costs |
163,417 |
124,502 |
|
Depreciation and impairment |
639 |
464 |
|
Project activity expenses |
137,181 |
51,077 |
|
Staff recruitment and training |
819 |
1,017 |
|
Advertising, printing and publicity |
360 |
7,627 |
|
Travel and meeting expenses |
3,216 |
1,725 |
|
Venue cost, speakers and trainers |
194 |
480 |
|
(Profit)/Loss on disposal of tangible fixed assets |
(48) |
- |
|
|
305,778 |
186,892 |
|
Share of support costs (see note 7) |
3,118 |
8,776 |
|
Share of governance costs (see note 7) |
4,062 |
2,094 |
|
|
312,958 |
197,762 |
|
Analysis by fund |
|
|
|
Unrestricted funds |
21,616 |
90,441 |
|
Restricted funds |
291,342 |
107,321 |
|
|
312,958 |
197,762 |
| **6 ** |
Grants payable |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Grants to institutions: |
12,341 |
- |
| 7 |
Support costs |
|
|
|
|
|
|
|
|
Support |
Governance |
2023 |
Support |
Governance |
2022 |
|
|
costs |
costs |
|
costs |
costs |
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Insurance |
474 |
|
474 |
369 |
- |
369 |
|
Rent, utilities and office |
|
|
|
|
|
|
|
maintenance |
- |
|
- |
5,600 |
- |
5,600 |
|
Telephone and internet |
|
|
|
|
|
|
|
access |
1,025 |
- |
1,025 |
1,233 |
- |
1,233 |
|
Office expenses, |
|
|
|
|
|
|
|
stationery and |
|
|
|
|
|
|
|
photocopying |
151 |
|
151 |
513 |
|
513 |
|
Subscriptions and |
|
|
|
|
|
|
|
donations |
95 |
- |
95 |
• 800 |
- |
800 |
|
Computer costs |
241 |
- |
241 |
(215) |
- |
(215) |
|
Sundry costs |
1,132 |
- |
1,132 |
476 |
- |
476 |
|
Independent examiners |
|
|
|
|
|
|
|
fees - external scrutiny |
|
1,674 |
1,674 |
|
1,290 |
1,290 |
|
Independent examiners |
|
|
|
|
|
|
|
fees - other services |
- |
2,388 |
2,388 |
- |
804 |
804 |
|
|
3,118 |
4,062 |
7,180 |
8,776 |
2,094 |
10,870 |
|
Analysed between |
|
|
|
|
|
|
|
Charitable activities |
3,118 |
4,062 |
7,180 |
8,776 |
2,094 |
10,870 |
| Employment costs |
2023 |
2022 |
|
£ |
£ |
| Wages and salaries |
152,786 |
119,945 |
| Social security costs |
4,651 |
823 |
| Other pension costs - defined contribution pension scheme |
5,980 |
3,734 |
|
163,417 |
124,502 |
| Tangible fixed assets |
|
|
Fixtures, fittings & equipment |
|
£ |
| Cost |
|
| At 1 April 2022 |
5,257 |
| Additions |
1,420 |
| Disposals |
(49) |
| At 31 March 2023 |
6,628 |
| Depreciation and impairment |
|
| At 1 April 2022 |
4,158 |
| Depreciation charged in the year |
639 |
| Eliminated in respect of disposals |
(49) |
| At 31 March 2023 |
4,748 |
| Carrying amount |
|
| At 31 March 2023 |
1,880 |
| At 31 March 2022 |
1,099 |
| 12 |
Debtors |
|
|
|
|
2023 |
2022 |
|
Amounts falling due within one year: |
£ |
£ |
|
Trade debtors |
13,523 |
7,141 |
|
Prepayments and accrued income |
401 |
124 |
|
|
13,924 |
7,265 |
| **13 ** |
Creditors: amounts falling due within one year |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Other taxation and social security |
- |
2,694 |
|
Trade creditors |
- |
1,327 |
|
Accruals and deferred income |
2,442 |
1,392 |
|
|
2,442 |
5,413 |
|
|
|
|
|
**Movement ** |
in funds |
|
|
|
Balance at |
Income |
Expenditure |
Balance at |
Income |
Expenditure |
|
Balance at |
|
1 April 2021 |
|
|
1 April 2022 |
|
|
3
**11 ** |
March 2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
£ |
| Ivybridge |
|
|
|
|
|
|
|
|
| Community |
|
|
|
|
|
|
|
|
| Connector |
20,249 |
2,000 |
(11,200) |
11,049 |
4,000 |
(10,393) |
|
4,656 |
| Community |
|
|
|
|
|
|
|
|
| Wellbeing & |
|
|
|
|
|
|
|
|
| Health |
24,771 |
|
(9,474) |
15,297 |
11,000 |
(26,297) |
|
|
| Rural |
|
|
|
|
|
|
|
|
| Community |
|
|
|
|
|
|
|
|
| Building |
9,337 |
|
(9,337) |
|
|
|
|
|
| SHCVS |
|
|
|
|
|
|
|
|
| Covid 19 |
20,987 |
|
(20,987) |
- |
- |
- |
|
- |
| TQ6 |
|
|
|
|
|
|
|
|
| Community |
|
|
|
|
|
|
|
|
| Hub |
22,283 |
53,310 |
(43,309) |
32,284 |
55,869 |
(58,940) |
|
29,213 |
| Ivybridge Hub |
- |
1,220 |
(1,220) |
- |
- |
- |
|
- |
| VCSE |
|
|
|
|
|
|
|
|
| Participation |
- |
25,000 |
- |
25,000 |
- |
(25,000) |
|
- |
| COMF |
- |
11,794 |
(11,794) |
- |
2,000 |
(2,000) |
|
- |
| Homes for |
|
|
|
|
|
|
|
|
| Ukraine |
- |
- |
- |
- |
20,625 |
(11,507) |
|
9,118 |
| Mewstone |
|
|
|
|
|
|
|
|
| Primary Care |
|
|
|
|
|
|
|
|
| Network |
|
|
|
|
11,280 |
(11,280) |
|
|
| NHS SW |
|
|
|
|
|
|
|
|
| Cost of Living |
|
|
|
|
|
|
|
|
| Community |
|
|
|
|
|
|
|
|
| Fund |
|
|
|
|
6,643 |
(6,643) |
|
|
| South Hams |
|
|
|
|
|
|
|
|
| Primary Care |
|
|
|
|
|
|
|
|
| Network |
|
|
|
|
37,591 |
(36,735) |
|
856 |
| Tumbly Hill |
- |
- |
- |
- |
6,205 |
(6,100) |
|
105 |
| Western |
|
|
|
|
|
|
|
|
| Hospital |
|
|
|
|
|
|
|
|
| Discharge |
|
|
|
|
72,701 |
(47,951) |
|
24,750 |
| Western |
|
|
|
|
|
|
|
|
| Hospital |
|
|
|
|
|
|
|
|
| Discharge |
|
|
|
|
|
|
|
|
| VCSE |
|
|
|
|
|
|
|
|
| Capacity |
|
|
|
|
|
|
|
|
| Building |
|
|
|
|
78,920 |
(44,821) |
|
34,099 |
| Yealm Intern |
- |
- |
- |
- |
3,675 |
(3,675) |
|
- |
|
97,627 |
93,324 |
(107,321) |
83,630 |
310,509 |
(291,342) |
|
102,797 |
|
Balance at |
Income |
Expenditure |
Balance at |
Income |
Expenditure |
Balance at |
|
1 April 2021 |
|
|
1 April 2022 |
|
|
31 March 2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| Designated |
|
|
|
|
|
|
|
| reserve fund |
50,000 |
- |
|
50,000 |
|
|
50,000 |
| General |
|
|
|
|
|
|
|
| unrestricted |
|
|
|
|
|
|
|
| funds |
9,174 |
99,454 |
(90,441) |
18,187 |
24,550 |
(21,616) |
21,121 |
|
59,174 |
99,454 |
(90,441) |
68,187 |
24,550 |
(21,616) |
71,121 |
| The purpose of the designated |
|
fund is set |
out in the Trustees' Report. |
|
|
|
|
| **Analysis of net ** |
assets between funds |
|
|
|
|
|
|
|
Unrestricted |
|
Restricted |
Total Unrestricted |
|
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2023 |
2023 |
2023 |
2022 |
2022 |
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Fund balances at 31 |
|
|
|
|
|
|
|
| March 2023 are |
|
|
|
|
|
|
|
| represented by: |
|
|
|
|
|
|
|
| Tangible assets |
|
1,880 |
|
1,880 |
1,099 |
|
1,099 |
| Current assets/(liabilities) |
|
69,241 |
102,797 |
172,038 |
67,088 |
83,630 |
150,718 |
|
|
71,121 |
102,797 |
173,918 |
68,187 |
83,630 |
151,817 |