VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Company Reglstratlon No. 05756723 {England and Wale8)
Charlty Reglstratlon No. 1426184

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trusteos
Mrs E Smilh MBE
Mrs A Jacques
Mr P Orme
Mrs J Humble
Mrs B Lucas
Secretary
L Saggerson
Charlty number
1125184
Company numbèr
05756723
Reg18tered offlce
95 Abingdon Street
Blackpool
Lancashir6
FY11PP
Independent Qxamlner
Champlon Accountants LLP
Unil 2 Otympic Couil
Whilehills Buslness Park
Blackpool
Lancashire
FY4 5GU
Bankers
Royal Bank ol Scotland PIC
Drummond House
1 Redheughs Avenue
Edinburgh
EH12 9JN

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
CONTENTS
Pago
Trustèès, report
Independent examinèi's report
Slalement of financial aclivilies
Balance sheet
Notes to the financial statements
9-20

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT>
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financi81 statements for th6 year ended 31 March 2024.
The financial statements have bèen prepared In accordan￿ with the accounting policies sèl out in note 1 to the
flnanclal slalemenls and comply wilh Ihe charity's Memorandum & Articles of Associallon. the Companies Act
2006 and "Accounting and Reporknng by Charilies: Slalemenl of Rècommended Practi￿ applicable lo charilies
prepartng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Iréland {FRS 1021" (effective 1 January 2019).
ObJectlve6 and actlvltle8
The charily's objects afe to promote all or any ch8Titable purpose thè bènefit of the community with the arèa
of bonefit in particular, the advancement of education, furtherance of heallh and the relief of poverty. dlstr6S$
and sickness.
The policies adopted in fLirtherance of these objects are to promote volunteèring In genefal, offei advice on
volunleering issues and provide support and Iiaining lo volunle6rs. lo support volunteer placement organisallons
and to PTomote and organise co-operation in advancement of these purposes and brlng togelheT the council,
representatives tsf thè voluntary organisations. stalulory aulhofilies and agencies, community associations and
Indlviduals wllhin the ar68 of bènefit. TheTe has been no change in these aclivilies d(Aring tho year.
The Iruslees have paid due regard to gul(Janc8 issued by Ihg Charity C¢)mmisslon In d&cidlng wha( aclivilies the
charlly should undertake.
The chaftty's key proj8Cts and services over this financial year have been..
Borrow11 Blackpool
Social Prescribing Llnk Worker service (Let's Connect)
Flee￿OOd & Wre Youth Hub
Blackpool Cost ol Living Support
Blaekpool Community Action Ne￿Ork
strengihenlng Communities Palhways lo Health and Employment (Posllive Futures)
Upskllllng Health and Socigl Care Workforce across Lancashire
Homes for Ukraine
Cycling project
Know Your Neighbourhood
Communlty Navigators
Ukralne Infrastructure Fund
Project activlty and servi¢e delivery has been supported by:
The National Lollery Community Fund via the Bl8ckpool Beller Start Partnership
European Social Fund
Blackpool North Primgry Care Ne￿rk
re and Fylde Rural Extended N&iwork Pl￿ary Caro No￿0(k National Health Service
Department for Work and Penslons
UK Shared Prosperity Fund via Blackpool CouncA
Household Support Fund via Blackpool Council
Blackpool Council
Cycling UK
Department for Culture, Media and Sport
Blackpool Coastal Housing Tenants Support Fund
Biilish Red Cross via NAVCA

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achlevèments and performance
In 2023-24, Ihe Volunteer Centre Slrategic Obj'eclives have remalned to..
Sustain and grow current workslreams.
Support voluntary and community organisalion in Blackpool. Wyrè and Fylde.
Develop partnerships and partnership opportunilies.
Secure the long-lerm sustainability of the Volunleer Centre.
Malnlaln a good governance s1ructu￿.
81ackpool CAN Icommunlly Action Me￿0￿} - hll s'.lthvM.black Ican.co.ukl Is a partnershlp be￿e8n
Volunleer Centre Blackpool, Wra and Fylde IVCBWF). Cillzens Advice 81ackpool (CAB) and Social Enlerprlse
Solullons CIC {SESCICI which had been fomed lo provide infrastructure support to build the capacity of the
Volunlary, Communily, Faith, Social Enterprise IVCFSE} sector in Blackpool through Shared Prospefily Funding
until 3111 March 2025. Volunteer Centre Blackpool, Wre and Fylde is th8 lead organisalion for the prolecl.
Following th8 Blackpool CAN launch on the 281h Mar¢h 2023. the partn@rship dellvered the following aclivities
durlng lh6 2023-24 finan¢ial year.
Volunt8er brokerage support lo help r&sklents find sullable volunteering opportunltles.
Promoting of volunteering Ihrough outreach. events and soclal media.
Volunteer Programme development support lo volunteèr involving organlsations.
Community Engagement aclivilies to support the developmènt of local community action nètsvorks,
Bi-monthly Fyld8 Coast Resili8nce N8hvork meetings to bring the public, priva16 and Voluntary,
Community, Faith. Soclal Enterprise IVCFSE) sectors IcwJ6lheT to ￿llabOrate, raise awarèness of each
olhei, share knowledgè. Information and support.
Bi-monthly Volunteer Coordinators Ne￿Ork ID support volunleer involving OTganlsalion to $h8re good
pr8cllc6, knowledge, informalion and support.
Deliver 8 eapacily building small grants programme lo the VCFSE sector in Blackpool.
Support lo aid the development of the Blackpool North Regeneralion Group.
Meet the Funders event al Blackpool Tower ￿th prèsenlalions m8de by NalSonal Lotlery Communlty
Fund, Arts Council, Nalional Lottery Herilage Fund. Poslcode Lollery, Community Foundation for
LancashSre & Merseyside, Blsckpool Councll and VINCI Building to over 300 allend88S.
Hosting of National Lollery Communily Fund advice sessions for polÈnlial gfanl applicants.
Support lo new and emerging groups lo become formally constiluted. incorporated.
Business support to social enterprises,
Awarèness raising of Blackpool CAN lo the NHS and olher slalulory bodlés.
Support lo Blackpool's Herilag8 Forum to access grant fundlng, training and voluntèer support.
Plannlng and delivgry ol the inslallallon ol water bulls by volunteers for Blackpool housoholders In
8UPPOrt ol Blackpool Councils Shared Prosperity Fund Community Flood Risk Reduclion projecl.
LOCAL project
Volunteer Falrs
Governance workshop
Slralegic partnershlp working meetings with Blackpool Coastal Housing and Blackpool & The Fylde
CoSlege
Administration of a small grants programme for VINCI building
Meeting with Blackpool Councils Cabinet Member for Young People and Asplratlon to discu89 the
developmenl of a volunleeriNJ pathway for young people
In April 2023, Borrow 11 Blackpool was officially launched. and 34 members jolned the scheme durlng Ihe
financial yoar. With fundlng from the 81ackpool Coastal Housing Tenants Project Fund and the Household
Support Fund, a series of cooking, sewing, DIY and painling and decorating workshops were delivéred across
Blackpool lo upskill residents and enable them lo become more self-sufficieRI. Towards the 8nd of 2023-24 w&
werè presented with a FY)lenlial opportunity lo secure premises lor Borrow 11 in the Central Drive aréa of
Blackpool. As the premises will require significanl refurbislunent, we w¢ll be seeking further capital funds and In
kind support in 2024-2510 carry this work oul.
In June 2024, wo celebratèd National Volunteers Weèk by holding a presentatron event for our volunteers. To
mark this year's National Volunteers Week. we commisstoned a local poel lo write a poem aboul volunteers and
volunteering

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
If BlackpDoI were lo look itself In th8 mirror.
One of Ihe brlght Ilghls. shining in our reflection,
Would be Ihe thousands upon thousands ol volunteers,
Passing thiough the Volunteer Cenlre, since 118 inception.
For 17 years we have been supporting,
Our sèlflèss voluntèers out in Ihe community.
Enriching the 5ives of so many,
Showing dedication, resilience and unity.
Volunteers are kind,
Volunteers are thoughtful.
Volunleers afe proud,
Volunteers are resourceful.
We want lo say thank you lo you,
And celebrate all that you are.
To recognlse that thèrè Is a place for anybody.
To loin up wilh our team and raise the bar.
By stepping out and helping olhers,
A Volunteer will also help themsell.
Improving 8ocSal conneclions,
As well as mental gnd physical health.
UndeT the guidance and vision, we've grown.
01 Davld, Ell6en and Lynn- to name bul a few
The volunteer academy was created,
Ensuring volunteers are valued and their support Is true.
Not to mention our staff lean),
Rèslding al Ihe Volunteèr hub almost every day,
W61¢oming you with warmth- and a brew,
A listèning ear whenever you've something to say.
Bul wilhoul every single person's commilmonl,
To improve local places and lives akin.
BlackpDol would be a far worse place.
We wouldn't even know where lo b8gin.
We need you now more than ever,
Togother, Ihe small things add up and keep our town intact.
So, sign up and volunteer today,
And begin your journey towards making a posllive impact.
itien by Nathan Parker
Also In June, we held an event at the Salvation Army in Blackpool lo celebrale R&fuge6 Week. The event brought
refugees and their families together wtlh local agenc188 to conn8cI wlth each other, share fo(xl and enjoy music
provided by local lalenl.
In October 2023, we began delivery of the Shared Prospèrity Fund Communlty Namgators project in partnershlp
with Citizens Advice Blackpool. The project is aimed al supporling people across the town who need addition81
support with base "life skills., accessing s6rvices lo enable them to claim welfare benefits, access health
seTvice8, budget and m8nag6 thoir finances, 8ccess educalK)n and Iraining, secure suitable a(xommodation and
olher vital help needed to move forward in life.
In January 2024 we began a convefsalion with colleagues across Lartcashire & South Cumbria regarding a
partnership funding application lo the NHS Volunteering for Heallh programme. An application was submilled in
March 2024, with an expected outcome of May 2024
In March 2024 a furlher 12-monlh fundirKJ from the Depaitment of Work and Pensions for continued delivery of
the Fleolwood and Wre Youth Hub was awarded. Also in March 2024. a 12-month contract lo address economi
ina¢livity in Wre, in partnership with Flee￿Ood Town Communily TrusL was awarded by ￿re Council with the
Volunteer Centre as the lead organisation.

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
As always, the Boaid of Oiredors would like lo Ihank all the staff and volunleeTs al Ihe Volunlegr Centre, our
81akeholders, parlners and fund8rs, wilhoul whom none of Ihls work would be possible. The team al the
Volunteer Centre conllnue lo endeav¢)ur lo overcome Ihe ongoing funding challenge8 Ihal many small ¢haiilies
face whi181 se8king new and innovaliv8 ways in which lo supporl the communities they seNe.
The Board would also like lo take Ihls opportunity to remember David Blower MBE, Chair of lh& Volunteer from
2006 10 2023, and Eileen Wood, the Volunta8r Céntra's Volunteer Coordinator from 2006 10 2023, bolh who
sadly passed away In 2023 and are sorely missed by thèlr colleagues and friends.
Flnanclal rèvlew
The charity has incurred a surplus for the year of £31.86812023'. £21.418). This has been added lo the relain6d
funds broughl foMard wllh the iesulling accumulated surplus of £174,106 12023. £142,438> belng carried
forward lo next year. The Iiuslèas are satisfied with the resulls for Ihe year.
11 is noted that the accounts wlll be fi18d lale at Companies House and Ihe Charities Commlssion this year. Thls
ha5 occurred due lo changes in the financè team after the accounting perlod end and staff Illness in the laller
part of the year. Th& Trustees are fully awar8 Of Ihelr filing obligatlons and will ensur8 Ihal Ihe current year
accounls are completed wllhin Ihe relevant lim8 limits.
11 is lh& pollcy of the charity th81 unreslricled funds which have not been designatèd for a specific us& should be
mainlalnod al a level equivalenl lo between three and slx monlh's expenditure. Thè Iruslees consldèr that
reserves al th18 level will Ènsure that, in the event ol a significant drop in funding, thèy will be able to conllnue Ilie
charilrfs current activilies while consideialion Is given Io ways in whlch addllional lunds may be ralsed. Thls levél
of reserves has not bÉ8n achleved al Ihe year 8nd.
The Iruslees have ass6ssed thé major risks lo which lh& charity is exposed, and are salSsfied that $y$lems are in
place to miligale exposure lo the malor risks.
Structure, governan¢e and managèmènl
Th8 charity is a company Ilmiled by guarantee e$tgbli$hed in Apfil 2006.
Th9 Iruslees, who are also Ihe dlrectofs for Ihe purposè of Company law, and who seNed during the year and up
to Ihe dale of 9ignalure of the financial statements were..
Mrs E Smith MBE
Mrs AJacquès
Mr D Blowèr {resigned 2 Aprl 2023)
Mrs J Humblè
Mrs B Lucas
Mr P Orme
Trustees are elected by vo16 al Annual General M8Otings. They receive appropriale Irainlng for Ihe role of
Irustee,
None of Ihe trustees has any benefi￿al inleresl in the company. All of tho Iruslees are membors of Ihe company
and guaranlee lo conlribule £1 In Ihe event of a winding up.
The trustees have had duè regard to gutdance published by Ihe Charity Commission on publlc bènelit arKI has
applied this in ils day lo day runnlng of the seTvices provided.

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The organisalion Is managed by the Boafd of Trustees who delegala th& day to day runnlng of the organisation
to the Volunteer Cenlre Chief Executive who is Lynn Saggerson.
Thg ITuslees' report W88 approved by the Board of Trustees.
Mrs E Smlth MB
Trusteè
Dated..
J.........rfi.a SOL

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE
LIMITED
report to Ihe trustees on my examination of Ihe financial statements of Volunteer Centre Blackpool, Wre and
Fylde Limited (the charlly) for the year ended 31 March 2024.
RegponslbllStle8 and basls of report
As the trustees of the charity {and also ils dweclors lor Ihe puiposès of company lawl, you are respon5ib18 for Ihe
preparglion of the financial slalements in accordance wilh the requirèmènt8 of the Companies Act 2006.
Having sallsfled myself that Ihe financi81 statemenls of the charlty are not required lo be audited under Part 16 of
the Compan165 Act 2006 and are eligible for independenl examination, I report in respect ol my examlnalion of Ihe
charity's financial statemènts carried out under section 145 01 the Charities Act 2011. In carrying out my examlnallon
I have lollowed Ihe Direcllons given by the Chafily Comm15slon under seotion 145(5llb) of Ihe Charitles Act 201 f.
Independent examlnels 8tatement
Since the cliarlly's gross incom6 6xcÉèded £250,000, the independent examiner musl be a membar of a body Ilsted
In section 145 of the Ch8rilies Act 2011. 1 Confirm Ihal l am qualified lo undertake the examination because l am a
member of ICAEW, whlch Is one of Ihè lisied bodies.
I hav8 compl8ted my examinallon. I confirm th81 no matters have come lo my attenlion in conneclion wilh the
examination givlng m8 c8use lo beli8v8 that in any malèrlal respect..
gccounling fecords were not kept in respecl of Ihe charily as requlred by s6ctlon 386 of Ihe Companles Act
2006.
Ihè financlal statemen18 do not accord with Ihose records; or
Ihè financlal 6lalemenls do not comply wilh Ihe accounting requirements of section 396 of thè Compani&s Act
2006 othèr than any requiremeF)I that the financial sla18menis glve a Irue and falr vlew, which Is not a mallei
considérèd a$ part of an independ8nl examlnalion., or
the financial slalements hav8 not bèen prepared in accordance with lh8 methods and prinelple$ of the
statemenl of Recommended Praclice for aecounling 8nd reporting by charilies appllcable lo ¢harllles
preparlng Ihelr financial slalemenls in accordance wilh the Financlal R8POrting Standard appllcable In thé UK
and R8public of Ireland IFRS 102).
I have no concerns and hav6 Come across no other matters In connection with Ih@ 8xaminaliDri to whlch attention
should b8 drawn in Ihls reporl in order to enable a proper undèrslanding of the financlal slalemenls lo b8 reached.
Champlon Accountant8 LLP
A-C COLL￿£L￿￿ko LLP
Unll 2 Olympic Court
Whilehllls Business Park
Blackpool
Lancashiie
FY4 5GU
FY4 5GU

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlcted Restrlcted
funds
funds
2024
2024
Total UnrÈstrlcted Rèstrlctèd
fund8
funds
2023
2023
Total
2024
2023
Not68
Incom& from:
Donations and legacies
Charitable aclivilies
Investments
907
12,830
907
645,003
903
632,173
903
7.300
454,222
404
461,522
404
Total Incomo
13,737
633.076
646,813
7,300
454,626
461,926
Expendlture on:
Ralsing funds
Cheri18ble activities
11.916
597.684
11,916
603,229
6.216
426,993
6,215
429,693
5.$45
2,700
Total expendltvre
5,545
609,6CKJ
615.145
2,700
433,208
435,908
Net Income
8,192
23,476
31,668
4.600
21,418
26,018
Transfers between
funds
25,002
(25.002}
Other re¢ognlBed
galns and1088e8:
Aeluarial losses on
delined benefil penslon
$ch8mes
(4,600)
(4,6001
Nèt movement ITr
fund8
33,194
(1,5261
31.668
21,418
21,418
RÈconclllatlon of funds:
Fund b81ances at 1 April 2023
142,438
142.438
121,020
121,020
Fund balances at 31 March
2024
33.194
140,912
174,1C6
142,438
142,438
The statement of financial acttvilles Indudes all gains and losses recognised in the year. All income and exp8nditure
derive from conllnuing aclivilies.

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
BALANCE SHEET
ASAT 31 MARCH 2024
2024
2023
Nole8
Flxed assel$
T8nglble assets
13
6.990
10,127
Currènt a88et8
Debtors
Cash al bank and In hgnd
14
136,385
90.603
70,751
78,837
226.988
149.588
Cred5tors.' amounls falllng duo wlthln
ong year
15
(58,872)
(16,277)
Nèl current a88ets
188,116
133,311
Total as8èts1888 ¢urr•nt Ilabllltle8
175,108
143,438
Defined benefil pènslon liability
18
(1,000)
(1,000)
Net as8e16
174,108
142,438
The fund8 of Iho charlty
Re51ricled Income funds
Unr8slricled funds
16
17
140,912
33,194
142,438
174,106
142,438
The company Is ènlitled to the exemption ffom audit requiremènt contained In section 477 of the Companies Act
20￿, lor the y6ar ended 31 March 2024,
Thè dlreclors acknowledge Ihelr r8sponsibilities for complying with the requiremenls of the Companles Act 2006
wilh respecl to accounllng record8 and Ihe preparation of ftnancial statements.
The members have nol required tho company lo obtain an audit of its financial slalements for lh& year In qu&slion In
accordance wilh section 476.
These financlal stalemenls have been prepared in accordanc8 Wth Ihe provislons applicable lo companles sublect
to the small companies regime.
The financial statements were approved by the trustees on..................
zoz
Mrs E Smith MBE
Truslee
Company registration numb&r 05756723 {England and Wales)

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ountlng pollcles
Charity informatlon
Volunteer Centre Blackpool, Wre and Fylde Limlled is a private company limited by guaranlee incorporgled
in England and Wales. The regist&red offTrce Is 95 Abingdon Street. Blackpool, Lancashire, FY1 1 PP,
1.1 Aecountlng ¢onventlon
The financial statements have been prep8red in accordan￿ with the charity's Memorandum & Articles ol
Association, the Companies Act 200$, FRS 102 'The Flnanclal Reporiing Slandard applicable in Ihe UK and
Republic of Ireland. {"FRS 102°) and the Charili&s SORP "Accounting and Reporting by Chariliès.. Slalemenl
of Recommended Practicè applicablo to charilios preparing their accounts in accordance wlth Ihe Financial
Reporting Standard applicable in the UK and Republic of Irèland (FRS 102)" (èffective 1 January 2019}. The
charily is a Public Benefit Entity as defined by FRS 102.
The charlly has taken advanlage of the provisions in the SORP for charilie$ not to pr6p8re a Statement of
Cash Flows.
The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary
amount6 in these financial statements are iounded lo thé nearest £.
The fin8n¢ial slalemenls have been prepared under the hisloricAI cosl convention. The pilnclpal accounting
policl&s adopl8d ar8 S8t out below.
1.2 Golng concern
At the Ilme of approving the financial statements, the trustees have a reasonable expectation Ihal the charlty
has adequate resources lo continue in operallonal existence for the foreseeable fulure. Thus th& Ifuslees
continue to adopt the going concern basis of accounling in preparing the financial slalem8nls.
1.3 Charltable funds
Unreslrlcted funds are available for use al Ihe discretion of th6 trustees in furtherance of their charitablè
obleclives.
Reslrlcled funds are subject to specific condllions by donors or grantors as lo how they may be usèd. Thè
purposes and uses of the feslricled funds are sel out in the notes to Ihe financial statèmenls.
Endowment funds are subject to specific condillons by donors that the capilal musl be malnlalned by the
charily.
1.4 Incomè
Income is recognised when the charily is legally enlilled to il after any perloTmance cDndilion$ have been rnet,
the amounts can be measured reliabty. and il is probable that income will be received.
Cash donalions are recognlsed on receipl. Olher donations are recognised once the charity has been notified
of the donation, unless performance condilions require defe(ral of Ihe amount. Income lax recoverable in
relation to donations feceived under Gift Aid or deeds of covenant is recognised at the Ilme of the donation.
Legacies are recognised on receipt or olherwise if the chgfity has been notified of an Impendlng distribution,
the amount 13 known. and receipt is expected. If the amount Is not known, the legacy is treated as a
contingent asset.
Deferred income relates to grants rèceived for specific expendilLtre over a specified pèrlod of lim6. A portion of
the grant is carried fO￿ard as deferred income and matched against èxpèndlture in the relevant period.

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcle8
(Contlnuèd>
1.5 Expendlture
R6slrlcl&d lunds are to bè used for the specific purpose determined by the grant provkler. Expenditure which
meals Ihls criteria is identified to Ihe fund, together wilh a fair allocation of management and support costs.
Unreslricled funds are other income received Dr g8neraled for charitable purp08e$.
All expendllure is accountèd for on an accruals basis and recognised when the liability 1$ incurred.
1.6 Tanglblè flxed assets
Tanglble fixed assels are Initially mèasured al cost and subsequently measuffjd al cost or valuatlon, nel of
depreclallon and any ImpalTmenl lossès.
Depreciation is Tecognised so as lo write off the cost or valuation of a55els less their residual values over thelr
US8ful Ilv&s on the followlng bases..
Planl and machlnery
Fixiufes, fillings & equipment
25 % on cost
25 % on cost
The galn or loss arising on the disposal of an asset is delermlned as the dlfference between the sale proceeds
and Ihg carrylng value of the asset, and is recognlsed in the sialement of financial aGlivilie8.
1.7 Impalrment of flxed asset8
Al èach reporting end dalè, the charity r6viéws Ihe carrylng amounts of its langibla assets lo dètermine
whèther there is any iftdicalion Ihal those assèts have suffer6d an Impairm8nl loss. If any such indiealion
èxlsls, Ihè recov8rabl8 amount of the asset is èstimated in order to delemiin8 the 8xlent of the Impalrmènl
108s (If any).
1.8 CaBh and cash equlvalent8
Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-lerm liquld
invèstmènts with orlglnal malurilies of Ihree monlhs or less. and bank Ovafdrafts. Bank ovgrdrafts ar6 shown
wilhin boTiowings in currenl liabili118S.
1.9 Flnanclal In8truingnt8
The charity has elected lo apply the wovislons of Seclion 11 'Bastc Finanelal Insl(umenls' and S8cllon 12
'Olher Financlal Instruments Issues, of FRS 102 to all of ils financial Snslrumenls.
Flnanclal Instruments are recognised In the charity's balance sheet when Ihè ¢harity becomes party to th8
conlraclual provisions of the inslrumenl.
Financial assets and liabilities are offsel. wilh the net amounts presented In the financlal stalemen18, when
there is a legally enlorceabl8 right to sel off th6 recognised amounts and Ihore is an Inlenllon lo sellle on a nèl
basls or lo realise the asset and sellle Ihe liabilily simultaneously.
Baslc flnanclal assets
Basic financlal assets, which indude debtors and cash and bank balances. are initially measured al
transaction price Including transaclion costs and are gub5equenlly carried at amortised cost using Ihe effective
inlerest melhod unless the arrangement con51ilules a financing Iransaclion, where the transaction is
measured gt Ihe present value of the future re￿IP1S discounted at a market rale of interest. Flnanclal gsgels
classified as receivable within one year are nol amortised.
10-

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcios
Icontlnued)
Basle Alnanclal Ilabllltles
Basic financi81 liabilities, including creditors and bank loans are initially Tecognised at Ifansactlon price unless
the arrangement constilules a financing transaction, where the debt instrument Is measured at Ihe presenl
value of the future payments discounted al a market rate of interest. Flnancial liabiknlies classifted as payable
within one year are not amortised.
Debt inslfumenls are sUbSeq￿ant1Y cartléd at amortised cost. using the effective intere81 fate method.
Trade credilors arè obllgations to pay lor goods or services Ihal have been acqulred in the ordinary course of
operallons from suppliers. Amounts payabSe are classified as current liabilities if paymenl is due wilhin one
yèar or 16ss. If not. they are presented as non-¢urrenl liabilitie5. Trade credllors are recognised initially 81
transaction price and subsequently measured at 8mortised cost using the 8ffective inleresl method.
Derecognltlon olllnanclal Ilabllltles
Financial liabiliti88 are d8recognlsed when the charills contractual obllgalions expire or are distharged or
cancellèd.
1.1 O Employeè benèflts
The cost of any unused holiday enlillement is recognised In the pariod in whlch the employe8'8 servicks are
received.
Terminallon benefits are recognised immedialety as an expense when the charity is d8monslr8bly commilled
lo lermin8le the employment of an employee or lo provide termination benèflls.
1.11 Rètlrement beneflts
The charlty operates a defined conlribullon pension scheme. Contribulion$ are Charged In the accounts as
they become payable in accordancè with the iul&s ol Ihe scheme.
The company opèrated a dofined benefit pension scheme for certain former employees. The assots ol the
8cheme ar6 hold separately from Ihose of Ihe ¢harlly.The regular cost of providing reliremenl pen5ion5 and
felated benefits is charged to the slalement of financial aclivilles over Ihe employees. Servi￿ lives on tho
basis of a cons18nl percentage of egrning5. Any difference between the charge to the slalemenl ol flnancial
aclivilies and the ¢onlribulions paid to the scheme Is shown as an asset or liabillty in Ihe balance sheet.
The nel Int6resl element is determined by multiplying the nel defined benefit liability by th6 dlscount rate,
taking into accounl any changes in the net d6fined benefil liability during Ihe peri¢)d as a re5uII of conliibulion
and benefil payments. The nèt Interest is recognised in incomellexpenditUTe) for Iho year.
Remeasurement changes comprise actuarial gains 8fKI losses. the effect of the asset ceiling and Ihe return oft
the nel defined benefit liability excluding 8rnounls included In net Interesl. These are recognised imm8dlalely
in other recognised gains 8nd losses in the period wi whith they occur and are not reclasslfted to incomel
(expenditure) in subsequent periods.
The nel defined benefit pension asset or liability in the balance sheet comprises tha total lor o8ch plan of the
present value of the defined benefit obligalion (using a discount rale based on high quality corporate bonds),
less the fair value of plan assets out of which the obligations are to be setlled direclly. Fair value is based on
market price infomiation, and in the case of quoted securities is Ihe published bid price. The value of a nel
pension benefit assot is Ilmiled to the amount Ihat may be recovered either through reduced contribvlions or
agreed rèfunds from the scheme.
11

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crltlcal accountlng ostlmatos and ludgements
In the application of the charity's accounting policieg, the trustees are required lo make judgemenls, eslimates
and assumplions 8boul the carying amount of assets and liabililies that are not readily gpparenl from other
sources. The estimates a￿1 associated assumptions are based on historical experience and other factors that
ale considered to be rdevanl. Actual results may differ from these eslimales.
The eslimales and underlying assumptions are iavl8wed on an owolng basis. Revisions to accounting
estimates are recognised in tho peii¢)d in which the eslwnate is Tevised wherè the revision affecls only thal
period, or in the period of Ihe revision and future periods where the revision affects both curfenl and future
perlods.
Income from donatlon8 and lega¢los
Unre8trlcled
funds
2024
Unrè8trlcted
funds
2023
Donations 9nd gifts
907
Incom• from Investmènts
Restrlctgd
fundg
2024
RèBtrl¢ted
funds
2023
Interest recelvable
903
404
12-

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Incomo from charltabl• actlvltles
Grants
Grants
recelvable recelvable
for
for
charltable charltab16
actlvltle8
actlvltles
2024
2023
Performance related grants
Other income
632,173
12,830
454.222
7,300
645,003
461,522
Analyslg by fund
Unrestri¢led lunds
Restricted funds
12,830
632,173
7.300
454,222
645,003
461,522
Expendlture on ralslng funds
Re8trl¢tsd
funds
2024
Re8trlcted
funds
2023
Fundralslng and publlelty
Advertlslng
11,916
6,215
13-

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditurè on charltable actlvltles
Charltabla
Charltable
expendltuio expendltur8
2024
2023
Dlyèet costs
Staff costs
Rent
Rates
Room hlre
Insurance
Lighl and heat
Repairs & malntenance
Printing & Station8ry
Telephone
Travel expens88
Dlrèel project co818
Tralnlng
Sundry èxpenses
Pariner payments re.. Infrastructure support projèct
Other charltable expendilure
451.667
488
2.301
1.574
6,479
5,418
3,627
2,762
6,203
1,330
16,863
612
11,187
76.101
1,153
356,946
271
417
255
4,448
2,923
4,027
2,937
4,675
3,542
30,224
6,978
907
587,765
418,550
Share of support and govornanco costs (8eo nota 91
Support
Gov8rnance
5,573
9.890
4,976
6,167
603,228
429,693
Analysl8 by fund
Unrestflcled funds
Reslricled funds
5,545
597,684
2,700
426,993
603,229
429,693
N8t movement In funds
2024
2023
The net movement in lunds Is slated after charglngl{crediling)'.
Fees payable for the independent 6xaminalion of the chariws finandal
slatemonls
Depreciallon of owned lar4Jible fixed assels
1,920
5,573
1,864
4,978
14

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocatod lo a¢llvltle$
2024
2023
Oeprecialion
Governance costs
5,573
9.890
4,976
6,167
15,463
11,143
Analysed botween:
Charilable activites
15,463
11,143
10 Trustees
None ol Ihe trustees {or any P8fsons connected with t￿mI received any remun?rallon during the year, None
ol the trustees recelv8d any expenses during the year (2023: £Nil).
11 Employ088
The 8v8rago monthly number of &mploye6s during the year was:
2024
Numbor
2023
Number
28
20
Employmgnt CO8t8
2024
2023
Wages and salaries
Soclal secuflty costs
Other pension costs
414,204
24,335
13,128
329,546
18,405
8,995
451,667
356,946
Thore were no employaÈs whose annual remuneralit)n was more than £60.tNJo.
12 Taxotlon
The charity is exempl from laxati¢)n on its aclivities because all Ils income is applied for charilable pvrposes.
15-

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Tanglble flxed assets
Plant and
machlnery
Flxlum8,
Iitllngs &
epulpmenl
Tolal
Cost
Al 1 April 2023
Addlllons
41,802
2,435
19,356
61,15B
2,435
At 31 Mareh 2024
44,237
19,356
63.593
Depreclatlon and Impalrmont
Al 1 April 2023
Depreciation chargèd In the year
33.115
4.749
17.915
824
51,030
5,573
Al 31 March 2024
37,864
18,739
56,603
Carrylng amount
At 31 March 2024
8,373
617
8,990
At 31 March 2023
8.687
1,440
10,127
14 Debtors
2024
2023
Amounts falllng due wlthln one yaar:
Trade debtors
Prepayments and accwed Income
129.926
6,459
70,502
249
136,385
70,751
16 Credltor8: amounts falllng due wlthln one year
2024
2023
Other 18xation and soclal security
Trade Cfedilors
Accruals and deferfed Inccmne
6,364
2.442
50,088
6,323
4,121
5,833
58.872
16.277
16-

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Y) LJ ffj

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Unrèstrlcted funds
The unrestricted funds of the charity comprise Ihe unexpended balances of donatk)ns and grants whlch are
not subject to specific condilions by donors and granloTs as to how Ihey may be used. These include
d6signated funds which have been set aside oul of unreslricted funds by the Iiuslees for speclfic purposes.
Transfèrs
Galns and At 31 March
1088è8
2024
At 1 Aprll
2023
Incomlng Resources
resourtes
expènded
General fund$
13,737
(5.545)
25,002
33,194
Prevlous yoar:
At 1 Aprll
2022
In¢omlng Re80ure8S
re80urces
èxpondod
Tran8ffrr6
G8ln8 and At 31 March
106se8
2023
General fund8
7.300
(2,700)
14,6001
18 Retlrement bènotit schemès
Dellned ¢ontrlbutlon 8chemè8
Tha charity operates a defined conlributi¢)n pension scheme for all qualifylng employees. The assets of the
schemg are held sepaTately Irom those of Ihe charity in an ir)dependenlly administered fund. The contrlbullons
payable by the company for the year were £13,128 {2023 -. £8,995).
Doflned benèflt 8chemeB
The company opèrated 8 pension scheme providing benèfits based on final pension8bl8 pay whlch
commenced on 1 April 2013. None of the cuirent employees ale members of the scheme. Tha assets of the
scheme are held separately from those ol the company. being invested with InsuTanc& companles. There
were no conlfibutions to Ihe scheme during Ihe year. There are no acllve mombers In thé scheme and as
such the company is not required to m8ke any coniributitsns in r8specl of fulure seNice. The assumptlons
which have the most significant effect on the results of the valualion are those relating to the rale ol return on
Investments and the rates of increase in salaries and pensions. It was assumed Ihat the investment returns
would bé 3.7¥9 per annum, that salary ii)cr6ases would avorage 2.5% pel annum and that PTesent and future
pensions would increase at the rate of a maximum of 2.7Yo por anftum.
The pension charg8 for the year was £Nil12023: £NII). The company is taking athce on the closur6 of the
scheme now Ihat 815 employees have left. The last actuarial valuation was carried out al 31 December 2022.
Mortalily assumplions
The assumed lile expeclalions on relir6menl at age 65 are:
2024
Years
2023
Yèars
Retiring today
Males
- Foma18S
22
24
22
24
Retiring in 20 years
Males
Females
24
26
24
26
19-

VOLUNTEER CENTRE BLACKPOOL, WYRE AND FYLDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Retlrement beneflt s¢hemes
{Contlnuod)
The 8mounls included In the balance sheet arising Irom the charlty's
obllgations In rèspect of d6fined bènefil plans are as follows:
2024
2023
Presenl value of defined b8nefil obligations
Falr value ol plan a558t5
17,300
(16,300)
17,300
{18,300)
Deflcll in sch6me
1,000
1,000
19 Analy818 of net a88ets betwaon fundè
Unrostrlcted Re6trlcted
funds
funds
2024
2024
Total Unretslricled Reslricled
funds
funds
2023
2023
Total
2024
2023
Fund balancés at 31
March 2024 ara
represented by..
Tangiblè assets
Cuirènl assèlsllllabililiès)
Pfovisionsand
penslons
8.454
133,458
8.454
166,852
10.127
133.311
10,127
133,311
33,194
(1,000)
(1,000)
(1,000>
(1,0001
33,194
140,912
174,106
142,438
142,438
20 Rèlatèd party tr&n8aetlon8
Ther8 were no dlsclosable related party Ir8nsacllons during the year (2023- non8).
-20-