**REGISTERED COMPANY NUMBER: 06805818 (England and Wales) REGISTERED CHARITY NUMBER: 1129343** 

**Report of the Trustees and** 

**Unaudited Financial Statements for the Year Ended 31 March 2022** 

**for** 

**Warrington Voluntary Action** 



**Warrington Voluntary Action** 

## **Contents of the Financial Statements for the Year Ended 31 March 2022** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**|9|to|10|
|**Cash Flow Statement**||11||
|**Notes to the Cash Flow Statement**||12||
|**Notes to the Financial Statements**|13|to|24|





**Warrington Voluntary Action (Registered number: 06805818)** 

**Report of the Trustees for the Year Ended 31 March 2022** 




**Warrington Voluntary Action (Registered number: 06805818)** 

## **Report of the Trustees for the Year Ended 31 March 2022** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES Objectives and aims** 

WVA supports the development of a vibrant, thriving and sustainable third sector to meet the diverse and changing needs of local communities. 

WVA's charitable objectives are "To promote the benefit of all the inhabitants in Warrington and the local area by associating together volunteers and organisations in a common effort to advance education, protect health, relieve poverty, sickness and distress, and to promote any other charitable purpose. In furtherance of these objects but not otherwise, we shall:- 

a) Inform, advise and support organisations which involve or are willing to involve volunteers to enable them to pursue or contribute to any charitable purpose to develop volunteering and community engagement. b) Promote, organise and facilitate co-operation and partnership working between third sector, statutory and other relevant bodies within the Warrington and the local area. 

## **Significant activities** 

The Charity meets its aims by: 

- Providing information, guidance and resources enabling local voluntary, community and faith organisations to 

- deliver effective quality services. 

- Promoting, supporting and developing volunteering opportunities for individuals and local communities that will 

- contribute to making a positive difference. 

- Developing and championing excellence in volunteer management, supporting groups to deliver good practice in 

- managing their volunteers. 

- Initiating the development of new groups, schemes, enterprises or activities to meet identified needs and local 

- demand. 

- Supporting local networks and forums to facilitate and encourage effective partnerships and strengthen cross 

- sector working. 

- Enabling effective representation and involvement on key strategic partnership bodies to ensure third sector 

- organisations have a strong and coherent voice. 

The values we believe in are: 

- Being passionate: Utilising energies purposefully and committing to the development and enrichment of others. 

- Thinking creatively: Seeking to get the best from available resources and unlocking potential by thinking 

- differently. 

- Working collaboratively: Developing effective relationships that aim to benefit all partners as well as the wider community. 

Page 1 



**Warrington Voluntary Action (Registered number: 06805818)** 

## **Report of the Trustees for the Year Ended 31 March 2022** 

## **OBJECTIVES AND ACTIVITIES Public benefit** 

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. 

WVA has an excellent understanding of Warrington's network of 1045 VCSE organisations, enabling us to speak with credibility and assurance when representing the views of the sector. WVA is a key leader within the borough's strategic ecosystem of boards, forums and groups, having an elected place on many to advocate for the VCSE. As a trusted, independent charity, WVA will continue to provide a strong voice ensuring confidence in the sector across Warrington's system and strive to deliver our strategic priorities to ensure we achieve the best possible outcomes. 

To do this we will: 

- Ensure that the Charity is high performing, achieves excellence in the quality of its governance and an effectively managed organisation. 

- Continually strengthen the reputation of WVA to provide a strong and trusted local voice on behalf of the voluntary, community and faith sector, and act as the first point of call in all matters related to the community and voluntary sector. 

- Be recognised by stakeholders as an effective enabler of high-quality outcomes for voluntary and community organisations. 

- Build a strong evidence base and clearly outline the impact of WVA ensuring we measure outcomes for individuals, organisations and are able to evidence the wider impact of our work. 

- Be recognised as an organisation that puts service users first and encourages and supports the development of groups in resourcing activities rather than WVA competing to deliver front line services. 

- Use our extensive reach from our community database, surveys, outreach work and forums to provide 

quality information 

-  relating to groups, service purpose, service beneficiaries and activity to identify emerging need or gaps. 

Page 2 



**Warrington Voluntary Action (Registered number: 06805818)** 

## **Report of the Trustees for the Year Ended 31 March 2022** 

## **OBJECTIVES AND ACTIVITIES** 

## **Volunteering** 

A key role of WVA is to encourage, support and develop volunteering across the borough. There is untapped potential within our communities and we want to make sure that this capability and capacity is utilised for the benefit of all. 

WVA holds the VCQA (Volunteer Centre Quality Accreditation) quality mark. This provides assurance to commissioners, funders, volunteer involving organisations and the public that we offer an effective quality service. 

Our face-to-face brokerage service continues to offer individuals expert local knowledge on volunteering opportunities, allowing individuals to make an informed choice. We have provided one to one confidential appointments advising people of volunteering opportunities that would best suit their needs. This service provides accessibility and inclusivity ensuring people with additional needs, mental health issues and those with English as a second language are supported to access suitable volunteering opportunities. This area of work is funded through New Leaf, a Big Lottery and European Social Fund programme managed by Torus bringing together partners across Cheshire to support unemployed and economically inactive people into employment. This extended project aims to support individuals with complex needs to access suitable volunteering opportunities that will help them increase their chances of finding employment. Volunteering has played a key role in this collaboration to give people the experience, skills and confidence to progress into work. 

We have a dedicated Volunteer Advisor to support groups to use the system to their full advantage. The role of the Advisor is to advise groups on their volunteering opportunities, ensuring roles are manageable and purposeful, not a paid-role replacement and that they are of community benefit. The Advisor supports with writing up clear and attractive volunteer opportunities to ensure increased interest before publishing. 

WVA played an integral part in the coronavirus community response. At an extraordinary pace we were able to recruit, mobilise and coordinate over 600 volunteers, supporting shielded residents with reassurance calls, prescription collections, shopping and paramedic transport. This high-profile work has developed into a successful Good Neighbour scheme enabling vulnerable residents to access support through the coordination of over 120 volunteers. 

WVA coordinates banks of volunteers for a number of activities. In 2021 we supported the online census, we recruited, vetted and trained 15 volunteers to provide a digital drop-in centre to ensure those not digitally able could complete the national Census. We currently recruit, train and coordinate WBCs Food Pantry volunteers and have most recently recruited, vetted and coordinated NHS rotas for covid vaccination marshals. Other examples include supporting Culture Warrington with the Wireworks Exhibition whereby we recruited and provided rotas for volunteers to support with invigilation of the exhibition and interacting with the public. 

Future activities include working with WBC to provide opportunities for volunteers involved in the RLWC21 and its legacy. We also expect to continue to support opportunities that mobilise local people to represent their communities, participate in local decision-making processes and strengthen social networks, encouraging people to play their full part in contributing to the life of their community. 

## **Development Work** 

WVA successfully accessed funding from the National Lottery Communities Fund to support communities and volunteers with their digital skills. Ensuring VCSE organisations have the skills and resources required to build and develop their services as Covid lockdowns ended. 

WVA also accessed funds through NHS Charities Trust to provide support within Warrington and Halton's hospital discharge team supporting people to access community services on their return home. This project also indused a fund for those organistaions the project refers into. 

This compliments our Good Neighbours and Good Neighbours Dementia projects, matching our more vulnerable members of the community with volunteers for support and friendship. 

Working with Warrington Disability Partnership and other local charities, WVA played a key role in the deliver of Covid Community Champions, encouraging conversations with those who were vaccine hesitant, sharing messages and reaching out to under-represented communities. 

Page 3 



**Warrington Voluntary Action (Registered number: 06805818)** 

## **Report of the Trustees for the Year Ended 31 March 2022** 

## **OBJECTIVES AND ACTIVITIES** 

Over 130 individual organisations have received support and advice to help manage and develop their group. Support has included, an organisational Healthcheck service, called REFLECT and EQIS (focused on mental health service providers), advice and guidance on funding applications, a read through service, governance and management advice, policies and procedures, recruiting and managing volunteers, measuring outcomes and impact and setting up new organisation. WVA was instrumental in supporting a number of new groups to establish and flourish. 

WVA is also managing small pots community funds for distribution focused on men's mental health and maternal mental heath. 

We worked closely with the Adult Safeguarding Board to develop and deliver safeguarding training and advice. Giving us the opportunity to address and note safeguarding issues and ensuring all the information we provide is agreed by the Warrington Safeguarding Board. WVA has successfully facilitated funding surgeries and workshops, inviting grant makers to promote programmes and provide opportunities to network and encourage peer-to-peer support across communities. 

## **Voice and Representation** 

Our public profile continues to increase through social media and community engagement. 

WVA plays a pivotal role in the Third Sector Leaders Hub ensuring effective representation for the VCSE sector on strategic boards. WVA provides a strong voice ensuring issues that affect the sector are raised and addressed This year the WVA team have been providing a strong voice and ensuring representation of the sector at the Central Neighbourhood Renewal Board, Active Warrington, Cultural Board, Mental Health Partnership Board, Warrington Together, Cheshire and Merseyside Health Care Partnership and many more to ensure the sector is fully engaged and the needs of the sector are raised. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

During 2021/22 WVA continued to work towards increasing reserves for the organisation. At the end of the previous financial year the charity made another surplus, these steps taken by the Board of Directors have successfully secured the organisation's financial stability, with a renewed reserves policy outlining the requirement for 6 months reserves which has now been achieved. The charity is now moving into 2022/23 with an experienced and knowledgeable team focused on the infrastructure contract and a diverse range of medium-term project grants that meet the aims of the organisation. 

## **FINANCIAL REVIEW** 

## **Principal funding sources** 

Funds are mainly obtained by applying to local government, along income generated through charged for services and securing grants and commissions from the NHS, national and local funding bodies. 

## **Reserves policy** 

In light of the main financial risks facing the charity the Board has determined that free reserves (unrestricted funds, not designated or invested in fixed assets) would be equivalent to a minimum of 6 months unrestricted expenditure to deliver core services, approx. 150k which provides sufficient funds to cover management and administration costs needed to wind up the organisation, to include redundancy costs for all staff or apply for emergency grants or loans. 

## **Going concern** 

The Trustees are continually reviewing the operations of the charity and its ability to deliver its objects during any future pandemic. The Trustees have followed Government Guidance and will continue to seek financial assistance where appropriate and making cost savings where possible. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

Page 4 



**Warrington Voluntary Action (Registered number: 06805818)** 

## **Report of the Trustees for the Year Ended 31 March 2022** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Recruitment and appointment of new trustees** 

The Directors, who are also Trustees, are appointed by the membership at the Annual General Meeting (AGM), and are collectively known as the Board of Directors. Trustees are elected to serve on the board of Warrington Voluntary Action (WVA) at the AGM for a period of 3 years. Nominations are invited from the wider membership of the organisation. The Trustees who served during the year, together with any changes up to the date of approving this report are listed above. 

## **Organisational structure** 

The Board, which must not be less than three members and not more than fifteen, administers the Charity and meets as necessary, usually at least 6 times per year. Although there is no formal structure of sub committees, individual trustees hold specific portfolios, and take the lead on behalf of the Board on these matters. The Board occasionally sets up ad hoc working groups to look at specific matters and to report back. 

Portfolio - Governance - Mary Barbour Finance - Lynne Bennett Wellbeing - Katie Horan 

The day to day operations of the Charity are the responsibility of the Chief Officer, to whom the Trustees delegate authority for operational matters including finance, employment and development, within the overall strategy agreed by the Board. 

## **Induction and training of new trustees** 

Directors are recruited for their commitment, experience, skill and knowledge they can bring to the organisation. The organisation has a defined process for recruitment, induction and training of members of the Board of Directors which is led by the needs of the organisation. 

New trustees are supported by experienced trustees and Chief Officer. 

## **Wider network** 

WVA is part of the national network of third sector infrastructure support organisations across England, and is an accredited Volunteer Centre through National Council for Voluntary Organisations (NCVO). 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

06805818 (England and Wales) 

## **Registered Charity number** 

1129343 

## **Registered office** 

89 Sankey Street Warrington Cheshire WA1 1SR 

## **Trustees** 

M Barbour Retired S L Bennett Centre Manager J Jackson Employment Development Team Manager K Horan Engagement Manager C Jones Outreach Manager D F Barlow Retired 

## **Company Secretary** 

A E Cullen 

Page 5 



**Warrington Voluntary Action (Registered number: 06805818)** 

## **Report of the Trustees for the Year Ended 31 March 2022** 

## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** 

Lee Warburton BA FCA ICAEW Voisey & Co LLP Chartered Accountants 8 Winmarleigh Street Warrington Cheshire WA1 1JW 

## **Advisers** 

## **Bankers** 

Co-operative Bank, 12-14 Old Market Place, Warrington, WA1 1QB 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

Approved by order of the board of trustees on 10 August 2022 and signed on its behalf by: 


S L Bennett - Trustee 

Page 6 



**Independent Examiner's Report to the Trustees of Warrington Voluntary Action (Registered number: 06805818)** 

## **Independent examiner's report to the trustees of Warrington Voluntary Action ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Lee Warburton BA FCA ICAEW Voisey & Co LLP Chartered Accountants 8 Winmarleigh Street Warrington Cheshire WA1 1JW 

10 August 2022 

Page 7 



## **Warrington Voluntary Action** 

## **Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2022** 

|Unrestricted<br>funds<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>500<br>**Charitable activities**<br>4<br>Advice and support<br>184,931<br>Investment income<br>3<br>56<br>**Total**<br>185,487<br>**EXPENDITURE ON**<br>**Charitable activities**<br>5<br>Advice and support<br>120,013<br>**NET INCOME**<br>65,474<br>**Other recognised gains/(losses)**<br>Actuarial gains/(losses) on defined benefit<br>schemes<br>140,000<br>**Net movement in funds**<br>205,474<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>(40,068)<br>**TOTAL FUNDS CARRIED FORWARD**<br>165,406|Restricted<br>funds<br>£<br>-<br>453,131<br>-<br>453,131<br>319,894<br>133,237<br>-<br>133,237<br>6,198<br>139,435|31.3.22<br>Total<br>funds<br>£<br>500<br>638,062<br>56<br>638,618<br>439,907<br>198,711<br>140,000<br>338,711<br>(33,870)<br>304,841|31.3.21<br>Total<br>funds<br>£<br>1,500<br>286,442<br>605<br>288,547<br>243,003<br>45,544<br>(160,000)<br>(114,456)<br>80,586<br>(33,870)|
|---|---|---|---|



The notes form part of these financial statements 

Page 8 



## **Warrington Voluntary Action (Registered number: 06805818)** 

## **Balance Sheet 31 March 2022** 

|Unrestricted<br>funds<br>Notes<br>£<br>**FIXED ASSETS**<br>Tangible assets<br>11<br>7,311<br>**CURRENT ASSETS**<br>Debtors<br>12<br>52,446<br>Cash at bank<br>169,151<br>221,597<br>**CREDITORS**<br>Amounts falling due within one year<br>13<br>(76,502)<br>**NET CURRENT ASSETS**<br>145,095<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>152,406<br>**PENSION ASSET/(LIABILITY)**<br>16<br>13,000<br>**NET ASSETS/(LIABILITIES)**<br>165,406<br>**FUNDS**<br>15<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Restricted<br>funds<br>£<br>-<br>100,000<br>147,235<br>247,235<br>(107,800)<br>139,435<br>139,435<br>-<br>139,435|31.3.22<br>Total<br>funds<br>£<br>7,311<br>152,446<br>316,386<br>468,832<br>(184,302)<br>284,530<br>291,841<br>13,000<br>304,841<br>165,406<br>139,435<br>304,841|31.3.21<br>Total<br>funds<br>£<br>5,586<br>22,500<br>143,922<br>166,422<br>(78,878)<br>87,544<br>93,130<br>(127,000)<br>(33,870)<br>(40,068)<br>6,198<br>(33,870)|
|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 9 



## **Warrington Voluntary Action (Registered number: 06805818)** 

## **Balance Sheet - continued 31 March 2022** 

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

The financial statements were approved by the Board of Trustees and authorised for issue on 10 August 2022 and were signed on its behalf by: 


S L Bennett - Trustee 

The notes form part of these financial statements 

Page 10 



## **Warrington Voluntary Action** 

## **Cash Flow Statement for the Year Ended 31 March 2022** 

|Notes<br>**Cash flows from operating activities**<br>Cash generated from operations<br>1<br>Net cash provided by operating activities<br>**Cash flows from investing activities**<br>Purchase of tangible fixed assets<br>Interest received<br>Net cash used in investing activities<br>**Change in cash and cash equivalents in**<br>**the reporting period**<br>**Cash and cash equivalents at the**<br>**beginning of the reporting period**<br>**Cash and cash equivalents at the end of**<br>**the reporting period**|31.3.22<br>£<br>177,050<br>177,050<br>(4,642)<br>56<br>(4,586)<br>172,464<br>143,922<br>316,386|31.3.21<br>£<br>94,862<br>94,862<br>(6,090)<br>605<br>(5,485)<br>89,377<br>54,545<br>143,922|
|---|---|---|



The notes form part of these financial statements 

Page 11 



**Warrington Voluntary Action** 

## **Notes to the Cash Flow Statement for the Year Ended 31 March 2022** 

## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

## 2. 

|||31.3.22|31.3.21|
|---|---|---|---|
|||£|£|
|**Net income for the reporting period (as per the Statement of Financial**||||
|**Activities)**||198,711|45,544|
|**Adjustments for:**||||
|Depreciation charges||2,917|504|
|Interest received||(56)|(605)|
|Increase in debtors||(129,946)|(16,073)|
|Increase in creditors||105,424|65,492|
|**Net cash provided by operations**||177,050|94,862|
|**ANALYSIS OF CHANGES IN NET FUNDS**||||
||At 1.4.21|Cash flow|At 31.3.22|
||£|£|£|
|**Net cash**||||
|Cash at bank|143,922|172,464|316,386|
||143,922|172,464|316,386|
|**Total**|143,922|172,464|316,386|



The notes form part of these financial statements 

Page 12 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements for the Year Ended 31 March 2022** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

In the opinion of the Trustees the charity has sufficient resources and funding for the foreseeable future and as a result have prepared the financial statements on a going concern basis. 

The charity constitutes a public benefit entity as defined by FRS 102. 

The financial statements are prepared in sterling, which is the functional currency of the company. 

Monetary amounts in these financial statements are rounded to the nearest £. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

Donations, are recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. 

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

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. 

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

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

- Expenditure on charitable activities includes the costs incurred by the charity to enable it to fulfil its core operations. 

- Other expenditure represents those items not falling into any other heading. 

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

continued... 

Page 13 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **1. ACCOUNTING POLICIES - continued** 

## **Expenditure** 

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. 

## **Governance costs** 

Governance costs relate to those costs which are incurred purely in furtherance of improving or contributing to the governance of the charity. 

## **Tangible fixed assets** 

Depreciation is provided for on assets to write off the asset over its useful economic life at the rates shown below. Expenditure on fixed assets of £500 or less is not capitalised and is charged to the Statement of  Financial Activities. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Hire purchase and leasing commitments** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

## **Pension costs and other post-retirement benefits** 

The charity makes contributions to a multi-employer defined benefit scheme run by Cheshire County Council. Contributions to the scheme are charged to the SOFA in the period to which they relate. 

The charity also operates a defined contribution pension scheme. Contributions payable to the Charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **Financial instruments** 

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the net asset and settle the liability simultaneously. 

## **Cash and cash equivalents** 

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with bank, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. 

## **Basic financial assets** 

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs 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. Financial assets classified as receivable within one year are not amortised. 

continued... 

Page 14 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **1. ACCOUNTING POLICIES - continued** 

## **Financial instruments** 

## **Other financial assets** 

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment. 

## **Impairment of financial assets** 

Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each reporting end date. 

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. 

## **Derecognition of financial assets** 

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. 

## **Employee benefits** 

The costs of the short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the costs of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 

## **2. DONATIONS AND LEGACIES** 

|**2.**|**DONATIONS AND LEGACIES**|||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||£|£|£|£|
||Donations|500|-|500|1,500|
|**3.**|**INVESTMENT INCOME**|||||
|||||31.3.22|31.3.21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||£|£|£|£|
||Deposit account interest|56|-|56|605|



Page 15 

continued... 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

|**4.**<br>**INCOME FROM CHARITABLE ACTIVITIES**<br>Activity<br>Other support services<br>provided<br>Advice and support<br>Grants<br>Advice and support<br>Grants received, included in the above, are as follows:<br>Cheshire Community Foundation<br>WBC - Infrastructure Support Services<br>East Primary Care GP Network<br>Torus Foundation<br>NAVCA<br>WBC - Good Neighbours Project<br>T N L Communities Fund<br>NHS Liverpool<br>Alder Hey Childrens Charity<br>NHS Warrington CCG<br>Warrington Borough Council<br>Warrington Disability Partnership<br>**5.**<br>**CHARITABLE ACTIVITIES COSTS**<br>Direct<br>Costs<br>£<br>Advice and support<br>335,852<br>**6.**<br>**GRANTS PAYABLE**<br>Advice and support<br>The total grants paid to institutions during the year was as follows:<br>3rd Party Organisations|Grant<br>funding of<br>activities<br>(see note<br>6)<br>£<br>100,561|31.3.22<br>£<br>52,559<br>585,503<br>638,062<br>31.3.22<br>£<br>30,000<br>116,000<br>-<br>16,372<br>-<br>68,975<br>38,259<br>19,999<br>133,134<br>52,124<br>16,300<br>94,340<br>585,503<br>Support<br>costs (see<br>note 7)<br>£<br>3,494<br>31.3.22<br>£<br>100,561<br>31.3.22<br>£<br>100,561|31.3.21<br>£<br>64,725<br>221,717|
|---|---|---|---|
||||286,442|
||||31.3.21<br>£<br>13,135<br>116,000<br>20,134<br>21,278<br>3,000<br>21,500<br>26,670<br>-<br>-<br>-<br>-<br>-|
||||221,717|
||||Totals<br>£<br>439,907|
||||31.3.21<br>£<br>-|
||||31.3.21<br>£<br>-|



Page 16 

continued... 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **7. SUPPORT COSTS** 

|**SUPPORT COSTS**|||
|---|---|---|
|||Governance|
|||costs|
|||£|
|Advice and support||3,494|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.3.22|31.3.21|
||£|£|
|Depreciation - owned assets|2,917|504|
|Other operating leases|15,033|10,546|
|Independent examination fee|2,350|2,300|



## **8. NET INCOME/(EXPENDITURE)** 

## **9. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## **10. STAFF COSTS** 

||31.3.22|31.3.21|
|---|---|---|
||£|£|
|Wages and salaries|255,105|176,008|
|Social security costs|14,829|9,503|
|Pension costs|12,089|9,189|
|Pension deficit payments|7,207|8,471|
||||
||289,230|203,171|
||||



The average monthly number of employees during the year was as follows: 

||31.3.22|31.3.21|
|---|---|---|
|Chief officers|1|1|
|Project managers|1|1|
|Project officers|10|6|
|Secondment to Warrington parents & carers|1|1|
||||
||13|9|
||||
||||



No member of staff received a salary in excess of £60,000 in either year. 

continued... 

Page 17 



## **Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **11. TANGIBLE FIXED ASSETS** 

|Fixtures<br>Plant and<br>and<br>machinery<br>fittings<br>£<br>£<br>**COST**<br>At 1 April 2021<br>12,919<br>2,605<br>Additions<br>-<br>-<br>At 31 March 2022<br>12,919<br>2,605<br>**DEPRECIATION**<br>At 1 April 2021<br>12,919<br>2,605<br>Charge for year<br>-<br>-<br>At 31 March 2022<br>12,919<br>2,605<br>**NET BOOK VALUE**<br>At 31 March 2022<br>-<br>-<br>At 31 March 2021<br>-<br>-<br>**12.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade debtors<br>Other debtors<br>**13.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade creditors<br>Social security and other taxes<br>Other creditors<br>Accruals and deferred income|Computer<br>equipment<br>£<br>6,090<br>4,642<br>10,732<br>504<br>2,917<br>3,421<br>7,311<br>5,586<br>31.3.22<br>£<br>152,446<br>-<br>152,446<br>31.3.22<br>£<br>8,368<br>5,647<br>987<br>169,300<br>184,302|Totals<br>£<br>21,614<br>4,642<br>26,256<br>16,028<br>2,917<br>18,945<br>7,311<br>5,586<br>31.3.21<br>£<br>21,573<br>927|Totals<br>£<br>21,614<br>4,642|
|---|---|---|---|
||||26,256|
||||16,028<br>2,917|
||||18,945|
||||7,311|
||||5,586|
|||22,500||
|||31.3.21<br>£<br>-<br>3,311<br>4,663<br>70,904||
|||78,878||



Deferred income comprises grant income received in advance of the year to which it relates. 

||31.03.22|
|---|---|
||£|
|Balance as at 1st April 2021|68,474|
|||
|Amount released to income earned from charitable activities|(68,474)|
|Amount deferred in year|166,800|
|||
|Balance as at 31st March 2022|166,800|
|||



continued... 

Page 18 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **14. LEASING AGREEMENTS** 

Minimum lease payments under non-cancellable operating leases fall due as follows: 

||31.3.22||31.3.21|
|---|---|---|---|
||£||£|
|Within one year||-|13,297|
|Between one and five years||-|6,653|
|||-|19,950|



The charity has moved into new offices but at the year end, the lease had not been drawn up. 

## **15. MOVEMENT IN FUNDS** 

|**Unrestricted funds**<br>General fund<br>Pension fund<br>**Restricted funds**<br>Cheshire Community Fund - Manbassador<br>Project<br>TNL Community Fund<br>Assura Digital Grant<br>WBC Good Neighbours Project<br>NHS Charities Trust<br>Good Neighbourhood Dementia<br>WBC Community Fund<br>Men's Health Grant<br>**TOTAL FUNDS**|At 1.4.21<br>£<br>86,932<br>(127,000)<br>(40,068)<br>4,893<br>-<br>1,305<br>-<br>-<br>-<br>-<br>-<br>6,198<br>(33,870)|Net<br>movement<br>in funds<br>£<br>65,474<br>140,000<br>205,474<br>(4,893)<br>4,300<br>(1,305)<br>25,100<br>77,600<br>28,500<br>2,000<br>1,935<br>133,237<br>338,711|At<br>31.3.22<br>£<br>152,406<br>13,000|
|---|---|---|---|
||||165,406<br>-<br>4,300<br>-<br>25,100<br>77,600<br>28,500<br>2,000<br>1,935|
||||139,435|
||||304,841|



continued... 

Page 19 



## **Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **15. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>Pension fund<br>**Restricted funds**<br>Cheshire Community Fund - Manbassador<br>Project<br>TNL Community Fund<br>Assura Digital Grant<br>WBC Good Neighbours Project<br>Food Poverty<br>Maternal Mental Health Grants<br>NHS Charities Trust<br>Good Neighbourhood Dementia<br>WBC Community Fund<br>Covid Community Champions<br>CCG Mental Health<br>Men's Health Grant<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>185,487<br>-<br>185,487<br>-<br>38,259<br>-<br>68,975<br>30,000<br>19,999<br>133,134<br>37,804<br>2,000<br>94,340<br>14,320<br>14,300<br>453,131<br>638,618|Resources<br>expended<br>£<br>(120,013)<br>-<br>(120,013)<br>(4,893)<br>(33,959)<br>(1,305)<br>(43,875)<br>(30,000)<br>(19,999)<br>(55,534)<br>(9,304)<br>-<br>(94,340)<br>(14,320)<br>(12,365)<br>(319,894)<br>(439,907)|Gains and<br>Movement<br>losses<br>in funds<br>£<br>£<br>-<br>65,474<br>140,000<br>140,000<br>140,000<br>205,474<br>-<br>(4,893)<br>-<br>4,300<br>-<br>(1,305)<br>-<br>25,100<br>-<br>-<br>-<br>-<br>-<br>77,600<br>-<br>28,500<br>-<br>2,000<br>-<br>-<br>-<br>-<br>-<br>1,935<br>-<br>133,237<br>140,000<br>338,711|
|---|---|---|---|



## **Comparatives for movement in funds** 

|**Unrestricted funds**<br>General fund<br>Pension fund<br>**Restricted funds**<br>Cheshire Community Fund - Manbassador<br>Project<br>TNL Community Fund<br>Assura Digital Grant<br>WBC Good Neighbours Project<br>**TOTAL FUNDS**|At 1.4.20<br>£<br>47,586<br>33,000<br>80,586<br>-<br>-<br>-<br>-<br>-<br>80,586|Net<br>movement<br>in funds<br>£<br>35,806<br>(160,000)<br>(124,194)<br>4,893<br>449<br>3,350<br>1,046<br>9,738<br>(114,456)|Transfers<br>between<br>funds<br>£<br>3,540<br>-<br>3,540<br>-<br>(449)<br>(2,045)<br>(1,046)<br>(3,540)<br>-|At<br>31.3.21<br>£<br>86,932<br>(127,000)<br>(40,068)<br>4,893<br>-<br>1,305<br>-<br>6,198<br>(33,870)|
|---|---|---|---|---|



continued... 

Page 20 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **15. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>Pension fund<br>**Restricted funds**<br>Welltime Project<br>Cheshire Community Fund - Manbassador<br>Project<br>TNL Community Fund<br>Assura Digital Grant<br>WBC Good Neighbours Project<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>207,108<br>-<br>207,108<br>20,133<br>9,786<br>26,670<br>3,350<br>21,500<br>81,439<br>288,547|Resources<br>expended<br>£<br>(171,302)<br>-<br>(171,302)<br>(20,133)<br>(4,893)<br>(26,221)<br>-<br>(20,454)<br>(71,701)<br>(243,003)|Gains and<br>Movement<br>losses<br>in funds<br>£<br>£<br>-<br>35,806<br>(160,000)<br>(160,000)<br>(160,000)<br>(124,194)<br>-<br>-<br>-<br>4,893<br>-<br>449<br>-<br>3,350<br>-<br>1,046<br>-<br>9,738<br>(160,000)<br>(114,456)|
|---|---|---|---|



## **CCF - Manbassador project** 

Promoting, encouraging and supporting an increased number of men to get involved in social action, though volunteering and acting as role models in the community. 

## **TNL Community fund** 

Supporting the clinically and extremely vulnerable through the Covid pandemic, providing reassurance phone call, prescription collections, shopping etc. 

## **Assura Digital grant** 

Supporting vulnerable residents excluded from accessing services and amenities due to digital access and capabilities 

## **WBC Good Neighbours Project** 

Coordination of referrals from a wide range of health professionals to provide support to isolated residents. The aim of this activity is to support residents to remain in their own home and live independently with the support of volunteers in the community. 

## **Cheshire Community Foundation - Food Alliance** 

Supporting the coordination of community led food organistaions across Warrington to ensure the people of Warrington, especially those in our deprived wards have improved and to recognise local, ethical and sustainable practice. 

## **The National Lottery Community Fund** 

The Get Connected project supports the many community and voluntary organisations with the digital skills they require to deliver effective services, as well as mobilises volunteers to engage in one off volunteering opportunities and community events. 

## **NHS Liverpool** 

Cheshire & Merseyside Community Grants to support grass roots voluntary and community groups on women's peri-natal mental health to support women and their families who are expecting a child or have recently given birth. 

## **NHS Charities Trust** 

continued... 

Page 21 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **15. MOVEMENT IN FUNDS - continued** 

Delivery of Healthy and Home to support the hospital discharge process, by supporting NHS teams to navigate the voluntary sector and refer to patients to community settings. Includes capacity building monies for the wider sector. 

## **NHS Warrington CCG** 

£37500 Good Neighbours dementia support to match families with volunteer support to provide a helping hand, friendship and respite. 

£14634 - EQIS the delivery of a mental health quality assurance framework for the VCSE. 

## **Warrington Borough Council** 

Community Initiative Fund to deliver community walks to wellness though volunteer support. 

## **Covid Community Champions** 

Working directly within local communities to communicate the latest accurate health information to residents, providing a trusted voice to address vaccine hesitancy. 

## **16. EMPLOYEE BENEFIT OBLIGATIONS** 

## **Defined benefit scheme** 

The amounts recognised in the Statement of Financial Activities are as follows: 

|Current service cost<br>Net interest from net defined benefit<br>asset/liability<br>Past service cost<br>Actual return on plan assets|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>19,000<br>12,000<br>24,000<br>21,000<br>-<br>-<br>43,000<br>33,000<br>55,000<br>112,000|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>19,000<br>12,000<br>24,000<br>21,000<br>-<br>-<br>43,000<br>33,000<br>55,000<br>112,000|
|---|---|---|
|||33,000|
|||112,000|



Changes in the present value of the defined benefit obligation are as follows: 

|Opening defined benefit obligation<br>Current service cost<br>Contributions by scheme participants<br>Interest cost<br>Actuarial losses/(gains)<br>Benefits paid|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>1,223,000<br>930,000<br>19,000<br>12,000<br>3,000<br>2,000<br>24,000<br>21,000<br>(91,000)<br>276,000<br>(19,000)<br>(18,000)<br>1,159,000<br>1,223,000|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>1,223,000<br>930,000<br>19,000<br>12,000<br>3,000<br>2,000<br>24,000<br>21,000<br>(91,000)<br>276,000<br>(19,000)<br>(18,000)<br>1,159,000<br>1,223,000|
|---|---|---|
|||1,223,000|



continued... 

Page 22 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **16. EMPLOYEE BENEFIT OBLIGATIONS - continued** 

Changes in the fair value of scheme assets are as follows: 

|Opening fair value of scheme assets<br>Interest income on plan assets<br>Contributions by employer<br>Contributions by scheme participants<br>Actuarial gains/(losses)<br>Benefits paid|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>1,096,000<br>963,000<br>22,000<br>22,000<br>15,000<br>15,000<br>3,000<br>2,000<br>55,000<br>112,000<br>(19,000)<br>(18,000)<br>1,172,000<br>1,096,000|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>1,096,000<br>963,000<br>22,000<br>22,000<br>15,000<br>15,000<br>3,000<br>2,000<br>55,000<br>112,000<br>(19,000)<br>(18,000)<br>1,172,000<br>1,096,000|
|---|---|---|
|||1,096,000|



The amounts recognised in other recognised gains and losses are as follows: 

|Actuarial gains/(losses)|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>140,000<br>(160,000)<br>140,000<br>(160,000)|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>140,000<br>(160,000)<br>140,000<br>(160,000)|
|---|---|---|
|||(160,000)|



The major categories of scheme assets as amounts of total scheme assets are as follows: 

|Equities<br>Bonds<br>Property<br>Cash|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>433,640<br>427,440<br>527,400<br>493,200<br>140,640<br>120,560<br>70,320<br>54,800<br>1,172,000<br>1,096,000|Defined benefit<br>pension plans<br>31.3.22<br>31.3.21<br>£<br>£<br>433,640<br>427,440<br>527,400<br>493,200<br>140,640<br>120,560<br>70,320<br>54,800<br>1,172,000<br>1,096,000|
|---|---|---|
|||1,096,000|



Principal actuarial assumptions at the Balance Sheet date (expressed as weighted averages): 

||31.3.22|31.3.21|
|---|---|---|
|Discount rate|2.70%|2.00%|
|Future salary increases|3.90%|3.55%|
|Future pension increases|3.20%|2.85%|



The charity is making additional payments into the scheme to reduce the liability. In the current year, the amount paid was £7,207 (2021: £8,471). These amounts are advised by the scheme advisors. 

## **Defined contribution scheme** 

The company operates a defined contribution scheme. The assets of which are held separately from the assets of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £12,089 (2021: £9,189). 

continued... 

Page 23 



**Warrington Voluntary Action** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** 

## **17. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2022. 

## **18. REMUNERATION OF KEY MANAGEMENT PERSONNEL** 

The charity considers its key management personnel to comprise its trustees and manager. The total employment benefits (including employers national insurance and pension contributions) of its key management personnel were £54,858  (2021: £45,855). 

Page 24