2021-03-31-accounts - Community Voluntary Action Ledbury & District

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Report ofthe Trustees		1 to 5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		9to 21
Detailed Statement of Financial Activities		22 to 23

Recommended	categories	categories	by		Unrestricted	Restricted
activity					Funds	Funds	2021	2020
				Notes	f	f	f	f
Income
Income and endowments			from
Donations and	legacies				53,837	34,027	87,865	62,561
Charitable activities						21,435	21,435	65,022
Other trading	activities				33,999		33,999	38,423
Investments					44		44	167
Separate material item of			income
Other
Total					87,880	55,462	143,342	166,172
Expenditure
Raising Funds						2,229	2,229	5,858
Charitable activities					66	79,665	79,731	130,706
Other trading	activities				21,375		21,375	22,353
Other					28,816	34,384	63,200	30,266
Total					50,256	116,279	166,536	189,183
Transfers between		funds			2,053	(2,053)
Net movement	in funds				39,677	(62,870)	(23,193)	(23,011)
Reconciliation	offunds:
Total funds brought		forward			59,803	154,713	214,516	237,527
Total funds carried		forward			99,480	91,843	191,323	214,516

Balance Shee	t
					Unrestricted	Restricted
					Funds	Funds	2021	2020
				Notes	f	f	f	f
Fixed Assets
Tangible assets					681	84,655	85,336	96,850
Total Fixed Assets					681	84,655	85,336	96,850
Current Assets
Debtors					69	6,540	6,608	8,073
Cash at bank	and in hand				106,873	15,922	122,794	115,536
Total Current	Assets				106,942	22,461	129,40$	123,609
Creditors amounts		falling	due
within one year				10	(8,143)	(15,27$)	(23,416)	(5,943)
Net Current	assets/(Liabilities)				98,799	7,188	105,987	117,666
Total assets	less current		liabilities		99,480	91,843	191,323	214,516
Funds ofthe	Charity
Restricted income		funds		12.2		91,843	91,843	154,713
Unrestricted	funds			12.1	99,480		99,480	59,803
Total funds					99,480	91,843	191,323	214,516

Note 2	Accounting	Accounting	policies
2.1Income
Recognition income		of	These are included in the Statement of Financial Activities (SoFA) when:
			the charity becomes entitled to the resources;
			it is more likely than not that the trustees will receive the resources;
			the monetary value can be measured with sufficient reliability.
Offsetting			There has been no offsetting ofassets and liabilities, or income and
			expenses, unless required or permitted by the FRS102SORP or FRS102.
Grants and		donations	Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10to 5.12FRS102SORP).
			In the case ofperformance related grants, income must only be recognised to
			the extent that the charity has provided the specified goods or services as
			entitlement to the grant only occurs when the performance related
			conditions are met (5.16FRS102SORP).
Legacies			Legacies are included in the SOFA when receipt is probable, that is, when
			there has been grant ofprobate, the executors have established that there are
			sufficient assets in the estate and any conditions attached to the legacy are
			either within the control ofthe ofthe charity or have been met.
Government		grants	The charity has received government grants in the reporting period
Tax reclaims		on
donations	and gifts		Gift Aid receivable is included in income when there is a valid declaration	from
			the donor. Any Gift Aid amount recovered on a donation is considered to	be
			part ofthat gift and istreated as an addition to the same fund as the
			initial donation unless the donor or the terms ofthe appeal have specified
			otherwise.
Contractual		income
and performance related grants			This is only included in the SoFA once the charity has provided the related or services or met the performance related conditions.	goods

Settlement of insurance claims	Settlement of insurance claims		Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10to 5.12 FRS102SORP) and are included as an item ofother income in the SoFA.
Investment and losses	gains		This includes any realised or unrealised gains or losses on the sale ofinvestments and any gain or loss resulting from revaluing investments to market value at the end ofthe year.
2.2 Expenditure		and	Liabilities
Liability recognition			Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount ofthe obligation can be measured with reasonable certainty.
Governance	and		Support costs have been allocated between governance costs and other support.
support costs			Governance costs comprise all costs involving public accountability ofthe charity and its compliance with regulation and good practice.
			Support costs include central functions and have been allocated to activity cost
			categories on a basis consistent with the use ofresources, eg allocating property
			costs by floor areas, or per capita, staff costs by the time spent and other costs by
			their usage.
Grants with			Where the charity gives a grant with conditions for its payment being a specific
performance			level ofservice or output to be provided, such grants are only recognised in the
conditions			SoFA once the recipient ofthe grant has provided the specified service or output.
Grants payable without			Where there are no conditions attaching to the grant that enables the donor
performance conditions			charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.
Redundancy	cost		The charity made no redundancy payments during the reporting period.
Deferred income			There was deferred income due to trips being prepaid
Creditors			The charity has creditors which are measured at settlement amounts less any trade
			discounts
Provisions for liabilities			A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate ofthe amount required to settle the obligation at
			the reporting date
Basicfinancial instruments			The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102SORP. Subsequent measurement is as per paragraphs 11.17to11.19,FRS102SORP.

Note 3	Income	Income
			Unrestricted	Restricted
Analysis ofincome			Funds	Funds	2021	2020
				f	f	f
Donations and legacies
Donations and gifts			53,837	8,910	62,747	42,206
General grants provided		by
government/other	charities			25,117	25,117	20,355
Total			53,837	34,027	87,865	62,561
Charitable activities
Fees				3,369	3,369	3,889
Ring and Ride				15,331	15,331	36,080
Mobility						32
Community Transport				2,735	2,735	22,485
Fundraising Activities						2,535
Total				21,435	21,435	65,022
Other Trading Activities
School Transport			33,997		33,997	34,889
Other			2		2	3,533
			33,999		33,999	38,423
Income from Investments
Interest Income						167
Total Income			87,880	55,462	143,342	166,172

Note 4		Expenditure	Expenditure
					Unrestricted	Restricted
Analysis of	expenditure				Funds	Funds	2021	2020
					f	f	f	f
Expenditure	on raising funds
Incurred seeking donations						2,229	2,229	5,858
Total expenditure on		raising funds				2,229	2,229	5,858
Expenditure	on charitable		activities
Ring and Ride						48,034	48,034	65,577
Mobility						471	471	474
Community	Transport					29,635	29,635	64,443
Fundraising	Activities				66		66	12
Coneygree	Federation					1,525	1,525	200
Total expenditure on		charitable		funds	66	79,665	79,731	130,706
Other trading activities
Expenditure	on School contracts				21,375		21,375	22,353
Other					28,816	34,384	63,200	30,266
Total expenditure					50,256	116,279	166,536	189,183

Note 5	Staff Costs
		2021	2020
		f	f
Wages	and salaries	87,331	67,951
Other	pension costs	1,378	994
		88,709	68,944

2021	2020
f	f

Charitable service
Chief Executive and Finance Officer
Other Trading Activities

Note 6	Details	ofcertain types	ofexp	enditure
							2021	2020
							f	f
Independent	examiner's fee						480		480
Tax advisory	fees
Legal fees
Note 7		Tangible fixed assets
			Plant	and	Fixtures	Motor	Computer
7.1 Cost	or Valuation		Machinery		84 Fittings	Vehicles	Equipment	Total
				f	f	f	f	f
As at 1April	2020			875	1,195	183,742	9,432	246,969
Additions					163	18,872	300
Disposals						(5,995)
As at 31st March 2021				875	1,358	196,619	9,732	246,969
7.2 Depreciation		and impairments
As at 1April	2020			662	639	88,008	9,085	147,069
Depreciation				21	144	28,085	333	28,583
Depreciation	Disposals					(3,730)
As at 31st March 2021				683	783	112,364	9,418	175,652
Net book Value
As at 31st March 2021				192	575	84255	314	85	336
As at 31st March 2020				213	556	95734	347	96	850

8.1 Analysis ofdebtors
			2021	2020
			f	f
Trade debtors			6,087	5,871
Prepayments and accrued income			452	1,898
Bad debt provision
Other debtors			69	305
Total			6,608	8,073
			2021	2020
9 Cash at bank and in hand			f	f
Short term deposits
Cash at bank and on hand			122,794	115,536
Amounts released to income from	previous	periods
Balance atthe end ofthe reporting	period		122,794	115,536

	Amounts	falling due	Amounts	falling due
10.1 Analysis ofcreditors	within	one year	after more	than one year
	2021	2020	2021	2020
	f	f	f	f
Bank loans and overdrafts
Trade creditors	2,163	2,862
Other creditors	18,000
Taxation and social security	1,393	1,190
VAT	573	581
Pension Contributions	270	257
Accruals	480	480
Deferred income	537	573
Total	23,416	5,943


11 Deferred income				2021	2020
Balance	at the start ofthe reporting	period		57$	1,608
Amounts	added in current period			537	573
Amounts	released to income from	previous	periods	(573)	(1,608)
Balance	at the end ofthe reporting	period		537	573

			31.03.20	Movement	Movement	Transfer	31.03.21
				In	Out	Between Funds
Unrestricted
General Fund			23,304	69,880	(32,256)	(263)	60,665
Ledbury Town	Council			10,000	(10,000)
Sobell				8,000	(8,000)
Designated Fund			36,499			2,316	38,815
			59,803	87,880	(50,256)	2,053	99,480
Restricted
Fund names
Community Transport			57,140	10,722	(24,441)	(2,265)	41,157
Mobility			274		(471)	197
Ring and Ride			31,398	35,830	(60,558)		6,671
Friends of Ledbury		Hospital	6,500		(6,500)
DOT Grant			46,594		(11,649)		34,946
R&RTransport			10,871		(2,718)		8,153
Herefordshire	Comm Found		424	910	(418)		916
Coneygree Grant			1,510		(1,525)	15
Eveson Trust				8,000	(8,000)
Lottery
			154,713	55,462	(116,279)	(2,053)	91,843
			214,516	143,342	(166,536)		191,323

			$1.03.19	Net Movement	in funds	Transfer	31.0$.20
				In	Out	Between Funds
Unrestricted
General Fund			38,175	5,206	(11,292)	(8,785)	23,304
Ledbury Town	Council			8,000		(8,000)
Sobell				8,000		(8,000)
Designated Fund			29,728			6,771	36,499
			67,903	21,206	(11,292)	(2,014)	59,803
Restricted
Fund names
Community Transport			32,739		(12,756)	37,158	57,140
Mobility			274				274
Mobility Equipment		Fund
Ring and Ride			34,593		(3,194)		31,399
Friends of Ledbury		Hospital	9,056	15,000	(2,556)	(15,000)	6,500
DOT Grant			62,126		(15,531)		46,595
R&RTransport			12,639		(3,624)	1,856	10,871
EF Bulmer
EF Bulmer			6,500		(6,500)
Herefordshire	Comm Found		630		(206)		424
Coneygree Grant			1,710		(200)		1,510
Eveson Trust			8,000		(8,000)
Lottery			1,358		(1,358)
Frognal Trust				1,000		(1,000)
Rowland Trust				5,000		(5,000)
			169,625	21,000	(53,925)	18,014	154,715
			237,528	42,206	(65,217)	16,000.00	214,518


12.3	Tran	sfers bet	we	en funds			Amount
				Reason for transfer and where endowment		is	f
				converted to income, legal power for its conversion
Between		unrestricted		and
restricted		funds
12.4	Designated		funds
Planned use				Purpose ofthe designation			Amount
							f
				Redundancy	and Notice		13,128
				2 Months Wages			13,297
				Lease			10,000
				Accountancy			1,000
				Legal Fees			1,000
				Creditors			390
							38,815

expenses	2021	2020
Type ofexpenses reimbursed		f
Volunteer Driver Mileage	2,282	2,797
Minibus collection	34	423
Travel Costs
Total	2,316	3,220

			Unrestricted	Restricted
			Funds	Funds	2021	2020
			f	f	f	f
Income and Endowments
Donations and legacies
Donations/Income	from other organisatio		53,837	8,910	62,747	42,206
Grants				25,117	25,117	20,355
			53,837	34,027	87,865	62,561
Investment Income
Bank Interest						167
Charitable activities
Community Transport				2,735	2,735	22,485
Ring and Ride				15,331	15,331	36,080
Fees				3,369	3,369	3,889
Mobility						32
Fundraising activities						2,535
				21,435	21,435	65,022
Other Actlvites
School Transport			33,997		33,997	34,889
Other income			2		2	3,533
			33,999		33,999	38,423
Total incoming resources			87,880	55,462	143,342	166,172
Expenditure
Raising Funds			66	2,229	2,295	5,870
			66	2,229	2,295	5,870
Charitable activities
Wages				30,556	30,556	25,503
Pensions				600	600	600
Rates and water				206	206	115
Insurance				1,563	1,563	1322
Ught and Heat				800	800	904
Advertising				1,110	1,110	1,858
Training and workshops				60	60	430
Rent				10,450	10,450	10,450
Motor and travel			4,463	5,790	10,252	20,379
Trip Entrance fees				259	259	1,775
Subscriptions
DBSchecks				182	182	380
Computer running	maintenance	costs		1,500	1,500	1,500
Health and safety			185		185
R&RDriver payments				12,968	12,968	30,454
Premises expenses			58	150	208	464
Bad debts						30
Plant and Machinery depredation				21	21	24
Motor vehicles depreciation				28,085	28,085	31,911
Loss on sale oftangible fixed assets			1,615		1,615
Grants to institutions				1,525	1,525
			6,322	95,824	102,145	128,300

					Unrestricted	Restricted
					Funds	Funds	2021	2020
					f		f	f
Other
Subscriptions					120		120		100
Cleaning					117		117		190
					237		237		290
Support Costs
Management
Wages					39,041	15,505	54,546	42,447
Pensions					778		778		394
Telephone					294		703	1,683
Postage and	stationery					1.737	1,737	2,177
Sundries					159	36	194		569
AGM expenses					97		97		112
Board costs					40		40		107
Computer running		and	maintenance	costs	586		586		872
Covid Expenses					711		1,044
Subscriptions									487
Friends of CVA
Travel					48		62		686
Bank charges					855				310
Recruitment	expenses
Consultancy	fees							3,587
Computer equipment			depreciation		392	85	477		389
Exceptional	items
					43,001	18,226	61,227	53,820
Governance	costs
Auditors' renumeration			for non audit	work
Accountancy	fees				480		480		480
Legal fees					152		152		424
					632		632
Total resources expended					50,256	116,279	166,536	189,183
Net income/(expenditure)					37,624	(60,817)	(23,19$)	(23,011)