2022-03-31-accounts - Community Voluntary Action Ledbury & District

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Report ofthe Trustees		1 to5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		9to 21
Detailed Statement of Financial Activities		22to 23

Recommended	categories	categories	by		Unrestricted	Restricted
activity					Funds	Funds	2022	2021
				Notes	E	E	E	E
Income
Income and endowments			from
Donations and	legacies				50,182	35,609	85,791	87,865
Charitable activities					137	54,055	54,192	21,435
Other trading	activities				$5,457		$5,457	33,999
Investments					18		18	44
Separate material item of			income
Other
Total					85,794	89,663	175,458	143,342
Expenditure
Raising Funds						1,$61	1,361	2,229
Charitable activities						78,140	78,140	79,731
Other trading	activities				21,375		21,375	21,375
Other					4$,603	44,094	87,697	63,200
Total					64,978	123,595	188,573166,536
Transfers between		funds			(7,445)	7,445
Net movement	in funds				1$,372	(26,487)	(13,116)	(23,193)
Reconciliation	offunds:
Total funds brought		forward			99,480	91,843	191,323	214,516
Total funds carried		forward			112,852	65,$56	178,207	191,323

				Unrestricted	Restricted
				Funds	Funds	2022	2021
			Notes	E	E	E	E
Fixed Assets
Tangible assets					64,073	64,407	85,336
Total Fixed Assets					64,073	64,407	85,336
Current Assets
Debtors			8	4,400	5,245	9,645	6,608
Cash at bank and in hand			9	110,596	2,466	113,062	122,794
Total Current Assets				114,995	7,711	122,707	129,403
Creditors amounts	falling	due
within one year			1O	(2,478)	(6,428)	(8,906)	(23,416)
Net Current assets/(Liabilities)				112,518	1,283	113,801	105,987
Total assets less current		liabilities		112,851	65,356	178,208	191,323
Funds ofthe Charity
Restricted income	funds		12.2		65,356	65,356	91,843
Unrestricted funds			12.1	112,852		112,852	99,480
Total funds				112,852	65,356	178,208	191,323

Note 2	Accounting	policies
2.1Income
Recognition	of	These are included in the Statement of Financial Activities (SoFA) when:
income
		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 5.12 FRS102SORP).
		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
		sufficien 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		Gift Aid receivable is included in income when there is a valid declaration	from
donations	and gifts
		the donor. Any Gift Aid amount recovered on a donation isconsidered to	be
		part ofthat gift and istreated as an addition to the same fund as the
		initial donation unless the donor orthe terms ofthe appeal have specified
		otherwise.
Contractual income and performance related grants		This is only included in the SoFAonce the charity has provided the related or services or met the performance related conditions.	goods
		Page 10

Tangible fixed assets for use by charity	These are capitalised ifthey can be used for more than one year, and cost at least f100.00	These are capitalised ifthey can be used for more than one year, and cost at least f100.00
	They are valued at cost.
	The depreciation rates and methods used are disclosed in note 7.
	They are valued at cost.
	Fixed asset investments in quoted shares, traded bonds and similar investments	are
Investments	valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot
	be measured reliably in which case it is measured at cost less impairment.
	Investments held for resale or pending their sale and cash and cash equivalents	with a
	maturity date ofless than 1year are treated as current asset investments
Stocks and work In Stocks held for sale as part ofnon-charitable trade are measured at the lower of cost
progress	or net realisable value.
	Goods or services provided as part ofa charitable activity are measured at net
	realisable value based on the service potential provided by items ofstock.
	Work in progress is valued at cost less any foreseeable loss that is likely to occur	on
	the contract.
	Debtors (including trade debtors and loans receivable) are measured on initial
Debtors	recognition at settlement amount after any trade discounts or amount advanced		by
	the charity. Subsequently, they are measured at the cash orother consideration
	expected to be received.
	The charity has investments which it holds for resale or pending their sale and cash
Current asset	and cash equivalents with a maturity date less than one year. These include cash		on
investments	deposit and cash equivalents with a maturity of loss than one year held for investment
	purposes rather than to meet short-term cash commitments as they fall due.

			Unrestricted	Restricted
Analysis ofIncome			Funds	Funds	2022	2021
			E	E	E	E
Donations and legacies
Donations and gifts			50,182	13,000	63,182	62,747
General grants provided		by
government/other	charities			22,609	22,609	25,117
Total			50,182	35,609	85,791	87,865
Charitable activities
Fees				4,014	4,014	3,369
Ring and Ride				32,772	32,772	15,331
Mobility
Community Transport				17,268	17,268	2,735
Fundraising Activities			137		137
Total			137	54,055	54,192	21,435
Other Trading Activities
School Transport			35,312		35,312	33,997
Other			146		146	2
			35,457		35,457	33,999
Income from Investments
Interest Income			18		18	44
Total Income			85,794	88,666	135,458	143,341

Note 4		Expenditure	Expenditure
				Unrestricted	Restricted
Analysis of	expenditure			Funds	Funds	2022	2021
				E	E	E	E
Expenditure	on raising funds
Incurred seeking donations					1,361	1,361	2,229
Total expenditure on		raising funds			1,361	1,361	2,229
Expenditure	on charitable		activities
Ring and Ride					48,034	48,034	48,034
Mobility					471	471	471
Community	Transport				29,635	29,635	29,635
Fundraising	Activities						66
Coneygree	Federation						1,525
Total expenditure on		charitable funds			78,140	78,140	79,731
Other trading activities
Expenditure	on School contracts			21,375		21,375	21,375
Other				43,603	44,094	87,697	63,200
Total expenditure				64,978	123,595	188,573	166,536

Note 5	Staff Costs
		2022	2021
		E	E
Wages	and salaries	92,470	87,331
Other	pension costs	1,521	1,378
		93,991	88,709

2022	2021
E	E

Charitable service
General Manager	and Finance Office
Other Trading Activities

Note 6	Details ofcertain types ofexpenditure
		2022	2021
		E	E
Independent	examiner's fee	480	480
Tax advisory	fees
Legal fees		400	400

	Plant and	Fixtures	Motor	Computer
7.1 Cost orValuation	Machinery	&Fittings	Vehicles	Equipment	Total
	t	E	E	E	E
As at 1April 2021	875	1,358	196,619	9,732	208,584
Additions				915	915
Disposals	(715)				(715)
As at 31stMarch 2022	160	1,358	196,619	10,647	208,784
7.2 Depreciation and impairments
As at 1April 2021	683	783	112,364	9,418	175,652
Depreciation	5	115	21,064	519	21,703
Depreciation Disposals	(573)				(573)
As at 31st March 2022	115	898	133,428	9,937	196,781
Net book Value
As at 31st March 2022	45	460	63191	711	64 4O7
As at 31st March 2021	192	575	84 255	314	85336

Note 8 Debtors and prep 8.1 Analysis ofdebtors	ayments
		2022	2021
		E	E
Trade debtors		9,418	6,087
Prepayments and accrued income		158	452
Bad debt provision
Other debtors		69	69
Total		9,645	6,608
		2022	2021
9 Cash at bank and In hand		E	E
Short term deposits
Cash at bank and on hand		113,062	122,794
Amounts released to income from	previous periods
Balance atthe end ofthe reporting	period	113,062	122,794

	Amounts	falling due	Amounts	falling due
10.1 Analysis ofcreditors	within	one year	after more	than one year
	2022	2021	2022	2021
	E	E	E	E
Bank loans and overdrafts
Trade creditors	5,185	2,163
Other creditors		18,000
Taxation and social security	1,698	1,393
VAT	1,058	573
Pension Contributions	299	270
Accruals	480	480
Deferred income	185	537
Total	8,906	23,416


11 Deferred income				2022	2021
Balance	at the start ofthe reporting	period		S37	573
Amounts	added in current period			185	537
Amounts	released to income from	previous	periods	(537)	(573)
Balance	at the end ofthe reporting	period			537

			31.03.21	Movement	Movement	Transfer	31.03.22
				In	Out	Between Funds
Unrestricted
General Fund			60,665	75,794	(54,978)	(16,082)	65,400
Ledbury Town		Council		10,000	(10,000)
Designated	Fund		38,815			8,637	47,452
			99,480	85,794	(64,978)	(7,445)	112,852
Restricted
Fund names
Community	Transport		41,157	21,648	(30,985)	(952)	30,868
Ring and Ride			6,671	57,015	(70,800)	8,397	1,283
DOT Grant			34,946		(8,736)		26,209
R&RTransport			8,153		(2,038)		6,115
Herefordshire		Comm Found	916	1,000	(1,035)		881
Lottery				10,000	(10,000)
			91,843	89,663	(123,595)	7,445	65,356
			191,323	175,458	(188,573)	0.04	178,208

12.2 Details of	mat	erial funds hel	d and movements	during the prev	ious report	ing period
			31.03.20	Net Movement	in funds	Transfer	31.03.21
				In	Out	Between Funds
Unrestricted
Genera I 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
RRRTransport			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)
			154,713	55,462	(116,280)	(2,053)	91,843
			214,516	143,342	(166,536)		191,323

12.4	funds
Planned use	Purpose ofthe designation		Amount
			E
	Redundancy	and Notice	19,050
	2 Months Wages		15,962
	Lease		10,000
	Accountancy		1,000
	Legal Fees		1,000
	Creditors		440
			47,452

expenses	2022	2021
Type ofexpenses reimbursed	E	E
Volunteer Driver Mileage	3,509	2,282
Minibus collection		34
Travel Costs
Total	3,509	2,316
Number oftrustees that expenses were paid to:	5	5

				Unrestricted	Restricted
				Funds	Funds	2022	2021
				E	E	E	E
Income and Endowments
Donations and legacies
Donations/Income	from other organlsatlo			50,182	13,000	63,182	62,747
Grants					22,609	22,609	25,117
				50,182	35,609	85,791	87,865
Investment income
Bank Interest				18		18	44
Charitable activities
Community Transport					17,268	17,268	2,735
Ring and Ride					32,772	32,772	15,331
Fees					4,014	4,014	3,369
Mobglty
Fundralslng activities				137		137
				137	54,055	54,192	21,435
Other Activites
School Transport				35,312		35,312	33,997
Other Income				146		146	2
				35,457		35857	33,999
Total Incoming resources				85,794	89,663	175858	143,342
Expenditure
Raising Funds					1,361 1~1	1861 1,361	2,295 2,295
Charitable activities
Wages				17,858	49,929	67,787	30,556
Pensions				62	282	344	600
Rates and water					211	211	206
Insurance					1,582	1,582	1,563
Light and Heat					1,280	1,280	800
Advertising					1,389	1,389	1,110
Training and workshops					735	735	60
Rent					10/50	10350	10,450
Motor and travel				8,433	8,384	16417	10,252
Trip Entrance fees					2,357	2,357	259
Subscriptlons
DBSchecks					180	220	182
Computer running	maintenance		costs		1,500	1,500	1,500
Health and safety					920	1,110	185
RRR Driver payments					27~70	27,470	12,968
Premises expenses					288	348	208
Bad debts					54	54
Plant and Machinery		depreciation					21
Motor vehicles depreciation				10,057	11,012	21,069	28,085
loss on sale oftangible fixed assets							1,615
Grants to Institutions							1,525
				36,700	118,024	154,724	102,145

					Unrestricted	Restricted
					Funds	Funds	2022	2021
						E	E	E
Other
Subscriptions					120		220		120
Cleaning					126		126		117
							346		237
Support Costs
Management
Wages					23.322		23,322	54,546
Pensions					1,177		1.177		778
Telephone					286	407	693		703
Postage and	stationery				85	2,072	2,158	1,737
Sundries					223	229	451		194
AGM expenses					112		112		97
Board costs									40
Computer running		and	maintenance	costs	744				586
Covid Expenses					120	66	186	1,044
Subscriptions
Friends ofCVA
Travel					53	177	230		62
Bank charges					405	740	1,144		964
Recruitment	expenses				275		275
Consultancy	fees
Computer equipment			depreciation		214	420			477
Exceptional	items
					27,016	4,110	31,126	61,227
Governance	costs
Auditors' renumeration			for non audit	work
Accountancy	fees				480		480		480
Legal fees					537		537		152
					1,017		1,017		632
Total resources expended					64,978	123,595	188,573	166,536
Net income/(expenditure)					28811	(38982)	(18113)	(23,193)