Community Voluntary Action Ledbury & District
Report of the Trustees & Unaudited Financial Statements For the year ended 31st March 2023
Registered company number: 07265811 (England & Wales) Registered charity number 1137377
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Contents
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's report | 4 to 5 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to Financial Statements | 10 - 22 |
| Detailed statement of Financial Activities | 23 - 24 |
Community Voluntary Action Ledbury District for the year ended 31st March 2023
REPORT OF THE TRUSTEES
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 2023. The accounts have been prepared in accordance with the provisions applicable to the small companies regime and in accordance with FRS102 Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS) 102.
References and administrative details
General fund Registered company number: 07265811
Registered charity number: 1137377
Registered office
4b Hill House Bye Street Ledbury HR82AA
Trustees
The following Directors and Trustees served during the year: Jane Salt (Chair) John Tallis (Treasurer) Graham Every Sue Millington-Jones David Elliston Bryan Spencer Heather Coppock (Appointed 13/03/23)
Independent Examiner
Luke Keegan Chartered Management Accountant 1A The Homend Ledbury HR8 1BN
Page 1
Community Voluntary Action Ledbury District For the year ended 31st March 2023
REPORT OF THE TRUSTEES (CONT)
OBJECTIVES
The principal objectives for the company in the period under review were to promote any charitable purposes for the benefit of the community of Ledbury and surrounding parishes; and in particular the advancement of education , the protection of health and relief of poverty distress and sickness.
Our current objectives are to:
-
1) Facilitate access to healthcare
-
2) Support independent living
-
3) Reduce loneliness
-
4) Reduce rural isolation
-
5) Promote wellbeing in later life through volunteering
IMPACT REPORT
Facilitating access to healthcare
Community Voluntary Action Ledbury & District (CVALD) runs the Ring & Ride volunteer car service for Ledbury and its surrounding villages, which provides transport to people who do not have access to a car and cannot use public transport. In total, in 22-23 the service made 3,770 journeys, a 15% increase on 21-22.
The primary aim of the service is to help those that struggle with transport to get to medical appointments. In 22-23 the service took 306 people to 1,800 healthcare appointments. 800 of these journeys were for hospital appointments.
During the year we undertook a survey of users and 95% respondents rated the Ring & Ride service as “very good” or “excellent”
Supporting Independent Living
The charity provides a number of services aimed at helping the elderly and other vulnerable and disabled people to continue living independent lives in their own homes. These include:
• Ring & Ride transport for shopping and other day to day necessities such as hairdressers, bank and Post Office. During the year we took 62 people on 476 shopping journeys. We also took 24 people to 59 hairdressing appointments.
-
Undertaking shopping for a small number of individuals who are housebound. During the year we undertook 162 shops for 8 users
-
Delivering food parcels to users of Ledbury Foodbank. We delivered 65 food parcels to 23 users in Ledbury
Reducing loneliness
We know that 78% of our users are over the age of 75 and 65% live alone. We run a programme of minibus day-trips, pub lunches and other event designed to provide an easy way for our members to get out of the house and socialise.
During the year we ran 53 day trips, 24 pub lunches and 15 shopping trips. In total, 114 users went on one or more of these trips.
Page 2
Community Voluntary Action Ledbury District For the year ended 31st March 2023
REPORT OF THE TRUSTEES (CONT)
Combating rural isolation
Twenty-five percent (120) of our registered members live in small villages and hamlets between two and eight miles outside of Ledbury and do not have access to a car. These villages have few amenities and very limited public transport. The Ring & Ride service, provide these people with an affordable and flexible transport option.
We also run a weekly Community Bus serving a isolated Park Home retirement village.
Promoting wellbeing in later life through volunteering
During 22-23, CVALD’s services were delivered by 71 volunteers, 68 of whom are retired. In total, we estimate that these volunteers completed over 6,300 hours of service during the year.
Fundraising
During the year we received donations and grants from the following organisations whose invaluable support we gratefully acknowledge:
Arnold Clarke Foundation Baron Davenport’s Charity DMF Ellis Charitable Trust Eveson Trust Garfield Weston Herefordshire Council Ledbury Town Council Matthew Wrightson Charity Trust A N McKechnie Foundation National Lottery Community Fund Schroder Charity Trust Sir Jules Thorn Trust (Ann Rylands) Sir Robert McAlpine Trust Trefoil Trust WED Charitable Trust Woodroffe Benton Foundation WO Street Charitable Trust
Page 3
Community Voluntary Action Ledbury District For the year ended 31st March 2023
REPORT OF THE TRUSTEES (CONT)
FINANCIAL REPORT
Income
The total income for 2022-23 was £241,008 an increase of £65,549 on the previous year. This was attributable to significant increases in Trust Fund income, user cost recovery fees and home-toschool contract income.
Expenditure
Total expenditure was £216,838 (£188,573 in 2021-22), an increase of £28,265. This was primarily due to increases in the following:
-
volunteer driver expenses, in proportion to the increase in number of journeys);
-
minibus fuel costs due to the Ukrainian conflict;
-
staff wages to address the increase in the cost of living.
Reserves
It is the policy of the trustees to maintain reserves as follows:
Restricted funds
These are funds ring-fenced by funders for specific projects/purposes and cannot be used for other purposes. At year end these restricted funds amounted to £67,535
Unrestricted funds
Unrestricted reserves are held for financing the future operation of the charity. These reserves are divided into designated reserves and the general fund. It is the policy of the Trustees to maintain sufficient designated reserves to cover all liabilities in the event the charity is wound up. At the end of the year the designated fund stood at £46,220. The general fund stands at £88,623 (£65,400 in 2021-22), bringing the total unrestricted reserves to £134,842 (£112,852 in 2021-22).
Going concern
The trustees have considered the financial position of the charity and concluded it is a going concern, remains solvent and is able to fulfil its financial commitments.
Induction of new trustees
On appointment the trustees receive a copy of the governing documents and Charity Commission documents regarding trusteeship. New trustees are briefed on the history, background and work of the charity.
Page 4
Community Voluntary Action Ledbury District for the year ended 31st March 2023
DECLARATIONS
The company has taken advantage of the small companies exemption in preparing the report above.
The trustees declare that they have approved the Trustees' Report (including Director’s report) above.
Jane Salt (Chair) John Tallis (Tresurer)
Date Date
Page 5
Community Voluntary Action Ledbury District for the year ended 31st March 2023
Independent Examiner’s Report to the trustees of Community Voluntary Action Ledbury and District Limited
I report on the accounts for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
The charity's Trustees (who are also the Directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that, in any material respect, the requirements to: i) keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006, and ii) prepare accounts which accord with the accounting records, comply with the accounting principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met
(cont)
Page 6
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Independent examiner's statement (cont)
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts be reached.
Luke Keegan, Chartered Management Accountant 1A The Homend Ledbury Herefordshire, HR8 1BN
Page 7
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Statement of Financial Activities (including summary income and expenditure account)
| Recommended categories by activity Notes INCOME Donations and legacies 3 Charitable activities 3 Other trading activities 3 Investments 3 Separate material item of income 3 Other 3 Total EXPENDITURE Raising Funds 4 Charitable activities 4 Other trading activities 4 Management, adminstration & 4 Total Transfers between funds Net movement in funds Reconciliation of funds : Total funds brought forward Total funds carried forward |
Unrestricted funds Restricted funds 2023 £ £ £ 76,525 48,927 125,453 67,703 67,703 47,070 - 47,070 783 - 783 - - - - - - 124,379 116,630 241,008 5,509 - 5,509 - 114,451 114,451 51,461 - 51,461 45,417 - 45,417 102,387 114,451 216,838 - - - 21,992 2,179 24,170 112,852 65,356 178,208 134,844 67,535 202,378 |
2022 £ 85,791 54,192 35,457 18 - - |
|---|---|---|
| 175,458 | ||
| 1,361 78,140 21,375 87,697 |
||
| 188,573 | ||
| - | ||
| (13,115) | ||
| 191,323 | ||
| 178,208 |
Page 8
Community Voluntary Action Ledbury District For the year ended 31st March 2023
BALANCE SHEET
| Notes Fixed Assets Tangible assets 7 Total Fixed Assets Current Assets Debtors 8 Cash at bank and in hand 9 Total Current Assets Creditors amounts falling due within one year 10 Net Current assets/(Liabilities) Total assets less current liabilities Funds of the Charity Restricted income funds 12.2 Unrestricted funds 12.1 Total funds |
Unrestricted funds Restricted funds 2023 £ £ £ 931 47,579 48,510 931 47,579 48,510 6,334 5,727 12,061 132,161 21,088 153,249 138,495 26,815 165,310 (4,582) (6,859) (11,441) 133,912 19,956 153,868 134,844 67,535 202,379 - 67,535 67,535 134,844 - 134,844 134,844 67,535 202,378 |
2022 £ 64,407 |
|---|---|---|
| 64,407 | ||
| 9,645 113,062 |
||
| 122,707 | ||
| (8,906) | ||
| 113,801 | ||
| 178,208 | ||
| 65,356 112,852 |
||
| 178,208 |
Jane Salt John Tallis Chair of Trustees Treasurer Date Date
Page 9
Community Voluntary Action Ledbury District For the year ended 31st March 2023
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Signed by
John Tallis Treasurer
Page 10
Community Voluntary Action Ledbury District For the year ended 31st March 2023
NOTES TO FINANCIAL STATEMENTS
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items reconised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with the Statamement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard appicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicablle in the United Kingdom and Republic of Ireland (FRS102) and with the Charities Act 2011.
Note 2 Accounting policies
2.1 Income
Recognition of income These are included in the Statement of Financial Activities (SoFA) when: i) the charity becomes entitled to the resource ii) it s more likely than not the Trustees will receive the resources, iii) monetary value can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).In the case of performance 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 (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the of the charity or have been met. Government grants The charity has received government grants in the reporting period
Page 11
Community Voluntary Action Ledbury District For the year ended 31st March 2023
| Tax reclaims on donations | Gift Aid receivable is included in income when there is a valid |
|---|---|
| and gifts | declaration from the donor. Any Gift Aid amount recovered on a |
| donation is considered to be part of that gift and is treated as an | |
| addition to the same fund as the initial donation unless the donor or | |
| the terms of the appeal have specified otherwise. | |
| Contractual income and performance related grants |
This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. |
| Donated goods | Donated goods are measured at fair value (the amount for which the asset could exchanged) unless impractical to do so. |
| The cost of any stock of goods donated for distribution to beneficiaries is | |
| deemed to be fair value of those gifts at the time of their receipt and they | |
| are recognised on receipt. In the reporting period in which the stocks are | |
| distributed, they are recognised as an expense at the carrying amount of the | |
| stocks at distribution. | |
| Donated goods for resale are measured at fair value on initial recognition, | |
| which is the expected proceeds from sale less the expected costs of sale, and | |
| recognised in 'Income from other trading activities' with the corresponding | |
| stock recognised in the balance sheet. On its sale. the value of the stock is | |
| charged against "income from other trading activities" | |
| Goods donated for on-going use by the charity are recognised as tangible | |
| fixed assets and included in the SoFA as incoming resources when receivable. | |
| Gifts in kind for use by the charity are included in the SoFA as income from | |
| donations when receivable. | |
| Donated services and facilities |
Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured erliably |
| reliably. | |
| Donated services and facilities that are consumed immediately are | |
| recognised as income with an equivalent amount recognised as an expense | |
| under the appropriate heading in the SOFA | |
| Support costs | The charity has incurred expenditure on support costs. |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report. |
Page 12
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Income from interest, royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Income from Membership subscriptions received in the nature of a gift are membership recognised in Donations and Legacies. subscriptions
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
Insurance claims are only included in the SoFA when the general Settlement of insurance income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and claims are included as an item of other income in the SoFA.
This includes any realised or unrealised gains or losses on the sale of Investment gains and investments and any gain or loss resulting from revaluing investments losses to market value at the end of the 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 of the obligation can be measured with reasonable certainty.
- Governance and Support costs have been allocated between governance costs and support costs other support. Governance costs comprise all costs involving public accountability of the 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 of resources, 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 performance conditions specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
Page 13
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Grants payable without Where there are no conditions attaching to the grant that enables the performance conditions donor 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 of the amount required to settle the obligation at the reporting date Basic financial The charity accounts for basic financial instruments on initial instruments recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. 2.3 Assets Tangible fixed assets for These are capitalised if they can be used for more than one year, and use by charity cost at least £100.00. They are valued at cost. The depreciation methods used are disclosed in Note 7. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are 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 of less than 1 year are treated as current asset investments Stocks and work in Stocks held for sale as part of non-charitable trade are measured at progress the lower of cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Page 14
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Current asset The charity has investments which it holds for resale or pending their investments sale and cash and cash equivalents with a maturity date less than one year. These include cash on 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.
Page 15
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Note 3 Income
| Donations and grants Donations and gifts Grants from government Total Charitable Actvities Membership Fees Ring & Ride Trip fees Community transport fees Fundraising activities Total Trading activities School transport Other Total Income from investments Bank Interest Total Income |
Unrestricted Funds Restricted Funds 2023 £ £ £ 76,525 9,770 86,295 - 39,157 39,157 76,525 48,927 125,453 - 4,957 4,957 - 41,394 41,394 - 21,351 21,351 - 67,703 67,703 47,070 - 47,070 47,070 - 47,070 783 - 783 124,379 116,630 241,008 |
2022 £ 63,182 22,609 |
|---|---|---|
| 85,791 | ||
| 4,014 32,772 17,268 137 |
||
| 54,191 | ||
| 35,312 146 |
||
| 35,458 | ||
| 18 175,458 |
Page 16
Community Voluntary Action Ledbury District For the year ended 31st March 2022
| Note 4 Expenditure Analysis of Expenditure Expenditure on raising funds Incurred seeking donations Total expenduture on raising funds Expenditure on charitable activities Ring & Ride Mobility Community Transport Other Charitable activities Total expenditure on chritable activities Other trading activities Expenditure on school Contracts Other Management/administration Total Expenditure Note 5 Staff Cost Wages & Salaries (InC NI) Pension costs Total |
Unrestricted funds Restricted funds £ £ 5,509 - |
2023 £ 5,509 5,509 73,897 - 23,846 16,707 114,451 51,461 45,417 216,838 2023 £ 110,477 1,757 112,234 |
2022 £ 1,361 |
|---|---|---|---|
| 5,509 - |
1,361 | ||
| - 73,897 - - 23,846 16,707 |
48,034 471 29,635 |
||
| - 114,451 |
78,140 | ||
| 51,461 - |
21,375 | ||
| 45,417 - |
87,697 | ||
| 102,387 114,451 |
188,573 | ||
| 2022 £ 92,470 1,521 |
|||
| 93,991 |
The charity considers its key management personnel comprised the General Manager and the Finance Officer. The total employment benefits including employer pension contributions of the key management personnel were £52,042 (2022 £43,650)
The average number of employees during the year was as follows:
| Charitable activities Management/administration Other trading activities |
2023 2022 2 2 2 2 2 2 |
|---|---|
| 6 6 |
No employees received emoluments in excess of £60,000
Page 17
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Note 6 Details of certain types of expenditure
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Independent examiners fee | 480 | 480 | |||
| Advisory fees | 119 | - | |||
| Legal Fees | - | - | |||
| Note 7 Tangible Fixed assets | |||||
| Plant & | Fixtures | Motor | Computer | Total | |
| 7.1 Cost or valuation | machinery | & fittings | Vehicles | equipment | |
| £ | £ | £ | £ | £ | |
| As at 1st April 2022 | 160 | 1,358 | 196,619 | 10,647 | 208,783 |
| Additions | - | 254 | 185 | - | 439 |
| Disposals | (160) | (160) | |||
| As at 31st March 2023 | - | 1,612 | 196,804 | 10,647 | 209,062 |
| 7.2 Depreciation & | |||||
| impairments | |||||
| As at 1st April 2022 | 115 | 884 | 133,427 | 9,850 | 144,277 |
| Depreciation 22-23 | - | 106 | 15,798 | 487 | 16,391 |
| Depreciation disposals | 45 | - | - | - | |
| As at 31st March 2023 | 160 | 990 | 149,225 | 10,337 | 160,712 |
| Net book value | |||||
| As at 31st March 2022 | 45 | 482 | 63,192 | 727 | 64,445 |
| As at 31st March 2023 | - | 622 | 47,579 | 309 | 48,510 |
Basis for depreciation
Motor vehicles 25% reducing balance Plant & machinery 10% straight line Fixtures & fittings 20% straight line Computer equipment 33% straight line
Page 18
Community Voluntary Action Ledbury District
For the year ended 31st March 2023
Note 8 Debtors and prepayments
8.1 Analysis of debtors
| Trade debtors Prepayments and accrued income Bad debt provision Other debtors Total Note 9 Cash at bank and in hand Short term deposits Cash at bank and on hand Amounts released to income from previous periods Balance at 31st March 2023 |
2023 £ 12,069 - (70) 61 12,061 153,249 153,249 |
2022 £ 9,418 158 - 69 |
|---|---|---|
| 9,645 | ||
| 113,062 | ||
| 113,062 |
Note 10 Creditors an accruals
| Bank loans and overdrafts Trade creditors Other creditors Taxation and social security VAT Pension contributions Accruals Deferred income Total |
2023 2022 2023 2022 - - - - 6,859 5,185 - - 16 - - - 3,449 1,698 - - 1,058 - - 456 299 - - 480 480 - - 181 185 - - Amounts falling due within one year Amounts falling due after more than 1 year |
|---|---|
| 11,441 8,905 - - |
Note 11 Deferred income
| Balance at at the start of the reporting period Amounts added in current period Amounts released to income from previous period Balance at at the end of the reporting period |
2023 2022 185 537 181 185 (185) (537) |
|---|---|
| 181 185 |
Page 19
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Note 12 Charity funds
12.1 Details of material funds held and movements during the period
| Unrestricted General fund Designated fund Restricted Ring & Ride Ring & Ride vehicle Community Transport DOT grant Herefordshire Community Foundation National Lottery Community Fund Hereford Council Refugee Transport grant |
31.03.22 Movement in Movement out Transfer between funds 31.03.23 65,400 124,378 (102,387) 1,232 88,623 47,452 (1,232) 46,220 |
|---|---|
| 112,852 124,378 (102,387) 134,842 1,283 78,316 (73,897) 252 5,954 6,115 - (1,529) 0 4,586 30,868 21,544 (23,846) 0 28,566 26,209 (5,409) 20,800 881 - 0 881 - 9,770 (9,770) 0 - - 7,000 (252) 6,748 |
|
| 65,356 116,630 (114,451) 0 67,535 |
|
| 178,208 241,008 (216,838) 0 202,377 |
Page 20
Community Voluntary Action Ledbury District For the year ended 31st March 2023
12.2 Details of material funds held and movements during the previous reporting period
| Unrestricted General Fund Ledbury Town Council Designated Fund Restricted Ring & Ride Ring & Ride Vehicle Community Transport DOT Grant Herefordshire Community Foundation National Lottery |
31.03.21 Movement in Movement out Transfer between funds 31.03.22 £ £ £ £ £ 60,665 75,794 (54,978) (16,082) 65,400 10,000 (10,000) - 38,815 - 0 8,637 47,452 |
|---|---|
| 99,480 85,794 (64,978) (7,445) 112,852 6,671 57,015 (70,800) 8,397 1,283 8,153 - (2,038) 0 6,115 41,157 21,648 (30,985) (952) 30,868 34,946 - (8,737) 0 26,209 916 1,000 (1,035) 0 881 - 10,000 (10,000) 0 - |
|
| 91,843 89,663 (123,595) 7,445 65,356 |
|
| 191,323 175,457 (188,573) 0 178,208 |
Page 21
Community Voluntary Action Ledbury District For the year ended 31st March 2023
12.3 Transfers between funds
| Reason for transfer s Purpose of designation Winding up costs Satutory redundancy & notice Two months wages Lease Legal fees Creditors Total |
Amount £ Amount £ 16,693 17,083 11,000 1,000 443 |
|---|---|
| 46,220 |
12.4 Designated funds
Note 13 Transactions with trustees and related parties
13.1 Trustee remuneration
Two trustees were employed as temporary, part-time minibus drivers to cover for two periods of sickness absence of one of the paid minibus drivers
| G Every J Tallis Total Trustees employed as temporary, part-time minibus |
2023 1,197 423 1,620 |
2022 - - |
|---|---|---|
13.2 Trustees' mileage expenses
Five Trustees were paid mileage expenses as volunteer drivers
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Volunteer driver mileage | 3,543 | 3,509 |
| Number of trustees paid | 5 | 5 |
13.3 Transaction wth related parties
There have been no related party transactions
Note 14 Members' guarantee
The company is limited by guaranteeand has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of it winding up, such an amount as may be required, not exceeding £10.00.
Note 15 Company details
Community Voluntary Action Ledbury & District, is a private company limited by guarantee, incorporated in England & Wales, registered no. 07265811. The registered address is 4b Hill House, Bye Street, Ledbury, Herefordshire HR8 2AA.
Page 22
Community Voluntary Action Ledbury District For the year ended 31st March 2023
Detailed statement of financial activities
Recommended categories by activities
| INCOME Donations and grants Donations Grants Investment income Bank Interest Charitable Activties Ring & Ride Community Transport Fundraising activities Other activities School transport Other income Total incoming resources EXPENDITURE Raising funds Wages Pensions Postage and stationery Charitable and Trading Activities Wages Pensions Rates and water Insurance Light and Heat Advertising Training and workshops Rent Motor and travel Day trip costs Subscriptions DBS checks Computer system Health and safety R&R driver payments Premises expenses Bad debts Machinery depreciation Vehicles depreciation |
Unrestricted funds Restricted funds 2023 76,525 16,770 93,295 - 32,157 32,157 76,525 48,927 125,452 783 - 783 - 46,159 46,159 - 21,544 21,544 - - - - 67,703 67,703 47,070 - 47,070 - - - 47,070 - 47,070 124,378 116,630 241,008 5,228 - 5,228 124 - 124 157 - 157 5,509 - 5,509 27,796 41,089 68,885 113 735 848 192 234 426 461 564 1,025 413 504 917 - 1,837 1,837 30 88 118 4,538 5,500 10,038 14,147 11,200 25,348 - 2,293 2,293 - 120 120 - 217 217 - 2,262 2,262 90 111 201 - 34,541 34,541 650 794 1,444 70 70 - 8,860 6,937 15,798 57,290 109,097 166,387 |
2022 63,182 22,609 |
|---|---|---|
| 85,791 18 36,786 17,268 137 |
||
| 54,191 35,312 146 |
||
| 35,458 | ||
| 175,458 | ||
| 1,361 - - |
||
| 1,361 67,787 344 211 1,582 1,280 1,389 735 10,450 16,817 2,357 - 220 1,500 1,110 27,470 348 54 - 21,069 |
||
| 154,723 |
Page 23
Community Voluntary Action Ledbury District
For the year ended 31st March 2022
Detailed statement of financial activities (cont_ Recommended categories by activities
| Unrestricted funds Restricted funds 2023 £ £ £ Support Costs / Overheads allocation Wages 36,364 - 36,364 Pensions 785 - 785 Telephone/internet 130 522 652 Postage and stationery 304 2,599 2,904 Sundries 66 69 135 Computer system 227 - 227 Covid Expenses - - - Subscriptions 35 - 35 Welfare/refreshments 463 456 919 Cleaning 37 46 83 Travel 77 140 217 Bank charges 178 1,128 1,306 Recruitment expenses 84 - 84 Consultancy fees 154 - 154 Office Equipment depreciation 143 394 538 Exceptional items - 39,048 5,354 44,402 Governance costs Auditors' remuneration for non audit work - - - Accountancy fees 480 - 480 AGM expenses 59 - 59 Legal Fees - 539.29 0 539 Total resources expended 102,387 114,451 216,838 Net income/expenditure 21,991 2,179 24,170 |
2022 £ 23,322 1,177 693 2,158 451 744 186 220 126 230 1,144 275 - 634 |
|---|---|
| 31,360 0 480 112 537 |
|
| 1,129 | |
| 188,573 | |
| (13,115) |
Page 24