Community Voluntary Action Ledbury & District Report of the Trustees & Unaudited Financial Statements For the year ended 31st March 2025 Registered company number: 07265811 (England & Wales) Registered charity number 1137377
Community Voluntary Action Ledbury District For the year ended 31st March 2025 Contents Page Report of the Trustees Ito5 Independent Examiner's report 4t05 Statement of Financial Artivities Balance Sheet Notes to Financial Statements 10-22 Detailed statement of Financial Activities 23-24
Community Voluntary Action Ledbury District For the year ended 31st March 20245 REPORT OF THE TRUSTEES The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report wlth the financial statements of the charity for the year ended 31 March 2025 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 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 Independent Examiner Luke Keegan Chartered Management Accountant IA The Homend Ledbury Page I
Community Voluntary Action Ledbury District For the year ended 31st March 2025 OBJEcfivES 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 surroundlng parishes; and in particular the advancement of education, the protertion of health and relief of poverty distress and sickness. Our current objectives are to: l) Facilitate access to healthcare for those who have difficulty getting around. 2) Support independent living for the elderly and disabled. 3) Reduce loneliness in the elderly. 4) Reduce rural isolation. 5} Promote wellbeing in later life through volunteering. WHAT WE DO Community Voluntary Action Ledbury & District's (CVALD) key activities are: l) Running the Ring & Ride volunteer car service covering Ledbury and its surrounding parishes. 2) Running a regular programme of minl-bus day trips and other social events for the elderly and disabled. with the aim of reducing loneliness and isolation. 3) Providing low-cost wheelchair accessible minibus transport for local community groups IMPAcf DATA 2025 2024 Ring & Ride volunteer car journeys 4,560 4,418 People using the Ring Ride Service 406 375 Journeys to medical appointments 2,279 2,103 People taken to medical appointments 367 345 Shopping journeys 590 587 People taken shopping 74 88 Minibus excurslons and events for elderly 94 92 People going on at least one excursion 146 131 Community groups using minibus servlce 24 20 Minibus journeys for community groups 253 257 Page 2
Communlty Voluntary Action Ledbury Dlstrict For the year ended 31st March 2025 Volunteers In year 24-25, CVLAD operations and governance depended on the work of 68 volunteers. Between them, these volunteers donated an estimated 7,900 hours of their time to the charity's work and drove over 100,000 miles. The Trustees offer ' their profound thanks to these volunteers, without whom the charity would not exlst. Flnanclal Supporters During the year we recelved donatlons and grants from the followlng organlsatlons whose Invaluable support we 8ratefully acknowledge: Runnlng Costs 29th May 1961 Charitable Trust A N McKechnie F.oundatlon Belvedere Trust Eastnor Masonlc Lodge EF Bulmar Trust Forester Family Trust Garfield Weston Foundation Hawthorne Charltable Trust Herefordshire Council Ledbury Town Councll Llllie Johnson Charltable Trust Misses Barrle Charltable Trust National Lottery Community Fund Robert McAlpine Foundatlon WED Charltable Trust New Mlnlbus Bernard Sunley Foundatlon Cllve Richards Foundation Eveson Trust Friends of Ledbury & District Healthcare Ledbury Consolidated Charltles Rowland5 Trust Staff The Trustees would like to express their appreciation for the efforts of the staff team, who performed extremely well during a busy year. Page 3
Community Voluntary Attion Ledbury District For the year ended 31st March 2025 FINANCIAL REPORT For the year 2024-25 the charity made a surplus of £90,905 (£7,393 in 23-24). However. £45,000 of this was due to grants for the purchase of a new minibus which were received wlthin the year, while payment for the mlnibus sllpped into the new financial year, due to late delivery. Therefore a surplus of £45,905 is a more realistic figure. Income The total income for 2024-25 was £326,224 { 2023-24 £232,548). Income from grants and donatlons Increased by £85,335 to £182,087, this Included £45,000 in capital grants for a new mlnibus and a two year grant of £20,000 from the Natlonal Lottery. Income from charltable activities and other tradlng actlvltles Increased by 4% and 7% respectively. Expenditure Total expenditure was £235,319 ( £225.155 in 2023-24), an Increase of £10,027. Thls was prlmarily due to: - vehicle hire cost to cover for extended breakdowns; increase in staff wages to address the increase In the cost of Ilvlng. Reserves It is the policy of the trustees to maintain resendes as follows: Restrlcted 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 £130,275 Unrestricted funds Unrestricted reserves are held for financing the future operatlon of the charlty. These reserves are divided into designated reserves and the general fund. Deslgnated Fund - It is the policy of the Trustees to maintaln sufficlent designated reserves to cover all liabilitles in the event the charlty Is wound up. At the end of the year the designated fund stood at £68,170. General Fund. It Is the pollcy of the of the Trustees to main sufficient general, unrestrlcted reserves to cover three months of expenditure, estimated at £52,000. At year end, the general fund stands at £102,231 {£84,461 in 2023-24), brlnglng the total UnstrICted reserves to £170,402 {£146,838 in 2023-24). Golng 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 flnancial commitments. Page 4
Community Voluntary Action Ledbury District For the year ended 31st March 2025 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. DECLARATIONS The company has taken advantage of the small companSes exemption in preparing the report above. The trustees declare that they have approved the Trustees, Report (including Dlrector's report} above. Jane Salt (Chalr) John Ta1115 {Treasurer) Date %%19115 Page 5
Community Voluntary Action Ledbury District For the year ended 31st March 2025 I report on the accounts for the year ended 31 March 2025 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 examlnation, it is my responsibility to: examlne the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commlssion (under Section 145(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention. Basls 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 examlner's statement 'In connection with my examination, no matter has come to my attention: (l) whlch 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
Communlty Voluntary Action Ledbury District For the year ended 31st March 2025 (2) to which, in my opinion, attention should be drawn In order to enable a proper understanding of the accounts be reached. 2LIc)1)202 Luke Keegan, Chartered Management Accountant IA The Homend Ledbury Herefordshire, HR8 IBN Page 7
Community Voluntary Action Ledbury District For the year ended 31st March 2025 Statement of Financial Activities (including summary income and expenditure account) Recommended categories by activity Unrestricted funds Restricted funds 2025 2024 Notes INCOME Donatlons and legacies Charitable activities Other trading activities Investments Separate material item of income Other Total 74,398 107,689 89,616 182,087 89,616 50,936 3,343 96,752 85,562 47,635 2,600 50,936 3,343 243 243 128.919 197,305 326,224 232,549 EXPENDITURE Raising Funds Charitable activities Other trading activities Management, admlnstratlon 7,169 7,169 129,965 44,866 53,320 6,468 125,359 43,651 49,678 129,965 44,866 53,320 Total 105.355 129,965 235,319 225,156 Transfers between funds Net movement in funds 23,564 67,341 90,905 7,393 Reconciliation of funds . Total funds brought forward 146,838 62,934 209,772 202,379 Total Funds caried forward 170,402 130,275 300,677 209,772 Page 8
Communlty Voluntary Action Ledbury District For the year ended 31st March 2025 BALANCE SHEET 2025 Notes Unrestricted Restrlcted funds funds 2024 Fixed Assets Tanglble assets 483 27,086 27,569 36,631 Total Fixed Assets 27,086 27,569 36,631 Current Assets Debtors Cash at bank and in hand 29,473 151,758 5,475 102,269 34,948 254,027 11,636 176,457 Total Current Assets 181,231 107,743 288,974 188,093 Creditors amounts falling due within one year 10 (11,313) {4,555) (15,867) {14,953) Net Current assets/(Liabilities) 169,919 103.189 273.107 173,140 Total assets less current liabilities 170,402 130.275 300,677 209,771 Funds of the Charlty Restrlcted income funds Unrestricted funds Total funds 12.2 12.1 130,275 130,275 170,402 300,677 62,934 146,838 209,772 170,402 170,402 130.275 Jane Salt Chair of Trustees John Tallis Treasurer Date Zslf Is Date Page 9
Community Voluntary Action Ledbury Dlstrirt For the year ended 31st March 2025 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 provislons appllcable 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 2025 Note l Basls of preparation 1.1 Basis of accounting These accounts have been prepared under the hlstorical 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 Republlc 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 wlth the Charities Act 2011. Note 2 Accounting policies 2.1 Income Recognition of income Offsetting There has been no offsettlng 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 elther 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 2025 Contractual income and Thls Is only included in the SOFA once the charity has provlded the performance related grants 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 glfts at the tlme of their receipt and they are recognised on receipt. In the reporting 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 'lncome 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 recelved at the value of the gift to the charity provided the value of the gift can be measured 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 Dlstrlct For the year ended 31st March 2025 Income trom interest. royalties and dividends This is included in the accounts when recelpt Is probable and the amount receivable can be measured reliably. Income from membershlp Membership subscriptions received in the nature of a gift are subscriptions recognised in Donations and Legacies. 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. Settlement of insurance clalms Insurance claims are only included in the SOFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SOFA. Investment gains and105ses This includes any realised or unrealised gains or losses on the sale of Investments and any galn or10s5 resultlng from revaluing investments to market value at the end of the year. 2.2 Expendlture and Llabllltles Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligatlon committing the charity to pay out resour5 and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governance costs and other 5UPPOrt. 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 tlme spent and other costs by their usage. Grants with performance conditions Where the charity gives a grant with conditlons for its payment being a 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 2025 Redundancy cost The charity made no redundancy payments during the reporting period. Deferred Income There was deferred income due to trips being prepaid Credltors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions tor liabilltles 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 instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. 2.3 Assets Tanglble flxed assets for use These are capitalised if they can be used for more than one year, by charity and cost at least £IOO.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 applled to unlisted investments unless fair value cannot be Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than l year are treated as current asset investments Stocks and work In progress Stocks held for sale as part of non-charitable trade are measured at the lower of cost or net realisable value. Goods or services provlded 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 Actlon Ledbury Dlstrlct For the year ended 31st March 2025 Current asset investments The charlty has Investments which it holds for resale or pending their 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 15
Community Voluntary Actlon Ledbury District For the year ended 31st March 2025 Note 3 Income Unrestricted Restricted Funds Funds 2025 2024 Donations and grants Donations and gifts Grants from government 62,398 70,000 132,398 55,057 12,000 37,689 49,689 41,695 Total 74.398 107,689 182,087 96,752 Charitable Actvities Membershlp Fees Ring & Ride Trip fees Community transport fees Other activities Total 6,003 52,611 31,002 6,003 52,611 31,002 243 89,859 5,898 48,630 31,034 243 243 89,616 85.562 Tradlng actlvftles School transport Other Total 50,936 50,936 47,635 50,936 50.936 47,635 Income from investments Bank Interest 3,343 3,343 2,600 Total Income 128,919 197.305 326,224 232,549 Page 16
Communlty Voluntary Action Ledbury District For the year ended 31st March 2025 Analysis of Expenditure Unrestricted funds Restricted funds 2025 2024 Expendlture on raislng funds Incurred seeklng donations 7,169 7,169 6,468 Totsl expenduture on raislng funds 7,169 7,169 6,468 Expendlture on charltable activltles Rlng & Ride Communlty Transport Other Charltable actlvities Total expendlture on charitable actlvltles 88,547 41,418 88,547 41,418 84,774 40,584 129,965 129,965 125,358 Other tradlng activitles Expendlture on school Contract5 44.866 44,866 43,651 Other Management/administratlon 53,320 53,320 49,678 Total Expenditure 105,355 129,965 235,319 225,155 Note 5 Staff Cost 2025 2024 Wage5 & Salarles (Inc Nl) Penslon costs Total 123,325 2.341 125.666 120,030 2,092 122,122 The charlty considers its key management personnel comprlsed the General Manager and the Finance Officer. The total employment benefits includlng employer pension contrlbutions of the key management personnel were £61,815 (2024 £57,675) Number of employees Charitable activities Management/admlnlstration Other trading activitle5 2024 2024 No employee5 received emoluments in excess of £60,000 Page 17
Community Voluntary Action Ledbury Dlstrict For the year ended 31st March 2025 2025 2024 Independent examiners fee Advisory fees Legal Fees 600 528 Note 7 Tangible Flxed assets Plant & Flxtures & Motor machinery fittings Vehicles Computer equipment Total 7.1 Cost or valuatlon As at 1st April 2024 Additions Disposals As at 31st March 2025 1,612 156 197,189 10,796 209,597 156 1,768 197,189 10,796 209,753 7.2 Depreciation & impalrments As at 1st April 2024 Depreciation 24-25 Depreciation disposals As at 31st March 2025 1,162 139 161,074 9,029 10,730 50 172,966 9,218 1,301 170,103 10,780 182,184 Net book value As at 31st March 2024 As at 31st March 2025 450 467 36,115 27,086 66 16 36,631 27,569 Basis for depreciation Motor vehicles Plant & machinery Computer equipment 25Yo reducing balance IO% straight line 33Yo Straight line Page 18
Community Voluntary Actlon Ledbury District For the year ended 31st March 2025 8.1 Analysis of debtors 2025 2024 Trade debtors Prepayments and accrued income Bad debt provision Other debtors Total 11,698 11,636 23,250 34,948 11,636 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 2025 254,027 176,457 254.027 176,457 Note 10 Creditors and accruals Amounts falling due after more than l year 2025 2025 2024 2024 Bank loans and overdrafts Trade creditors Other creditors Taxation and social security VAT Penslon contributions Accruals Deferred income Total 5,050 216 3,967 3,101 3,053 480 5,365 197 3,548 2,392 2,971 15,867 14,953 Note 11: Deferred Income 2025 2024 181 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 {181) Page 19
Communlty Voluntary Action Ledbury District For the year ended 31st March 2025 12.1 Details of material funds held and movements durlng the perlod 31.03.24 Movement Movement in Transfer between funds 31.03.25 out Unrestricted General fund Designated fund 84,461 62,376 146,837 128,919 (105,355) (5,794) 5,794 102,231 68,170 170,402 128,919 (105,355) Restricted Ring & Ride Ring & Ride vehicle Community Transport DOT grant Herefordshire Community Foundation Hereford Council Refugee Transport grant 29 May 1961 Charitable Trust National Lottery Grant 25- 27 Grants for new minibus 11,344 3,439 26,651 15,886 95,199 (87,400) (1,147) (36,504) (4,914) 1,856 20,999 2,292 23,579 10,972 32,106 1,325 881 881 4,732 (1,931) 2,801 5,000 (1,250) 3,750 20,000 20,000 45,000 45,000 62,933 197,305 (129,965) 130,275 209,770 326,224 (235,319) 300,677 Page 20
Community Voluntary Action Ledbury District For the year ended 31st March 2025 31.03.23 Movement Movement Transfer in out between funds 31.03.24 Unrestrirted General Fund Designated Fund 88,623 46,220 134,843 111,791 (99,797) (16,156) 16,156 84,461 62,376 146,837 111,791 (99,797) Restrlcted Ring & Ride Ring & Ride Vehicle Community Transport DOT Minibus grant Herefordshire Community Foundation Herefordshire Council Refugee Grant Mccarthy Stone Grant 5,954 4,586 28,566 20,800 85,635 (83,628) (1,147) (35,670) (4,914) 3,383 11,344 3,439 26,651 15,886 31,622 2,133 881 881 6748 2,016 4,732 3500 120,757 (125,359) (3,500) 67,535 62,933 202,378 232,548 {225,156} 209,770 Page 21
Community Voluntary Action Ledbury District For the year ended 31st March 2025 Purpose of designation Windlng up costs Satutory redundancy & notice Two months wages Lease Legal fees Creditors Total Amount 24,453 20,032 22,OlJ) 1,000 685 68,170 Note 13 Transactions with trustees and related partles 13.1 Trustee remuneration Trustees employed as temporary, part-time minibus drivers 2025 23 2024 63 127 190 G Every J Tallis Total 23 13.2 Trustees, mileage expenses Six Trustees were paid mileage expenses as volunteer drivers 2025 2024 Volunteer driver mileage Number of trustees paid 5,746 5,502 13.3 Transaction wth related parties Note 14 Members, guarantee The company is limited by guarantee and 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 detai15 Community Voluntary Action Ledbury & Distrlct, 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 2025 DEfAILED STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted Restrirted funds funds 2025 2024 INCOME Donatlons and grants Donatlons Grants 62,398 12,000 74,398 70,0 37,689 107,689 132,398 49,689 182.087 55,057 41,695 96,752 Investment Income Bank Interest 3,343 3,343 2,600 Charitable Actlvtles Rlng & Ride Community Transport Fundraising activities 58,254 31,362 58,254 31,362 54,528 31,034 89,616 89,616 85,562 Other actfvltles School transport Other income 50,936 243 51,178 50,936 243 51,178 47,635 47,635 Total incoming resources 128.919 197.305 326,224 232,549 EXPENDITURE Raising funds Wages Pensions Postsge and stationery 6,961 171 37 7,169 6,961 171 37 7.169 6,162 150 156 6,468 Charitable and Tradlng Actlvlties 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 Premlses expenses Bad debts Vehicles depreciation 26,372 266 189 415 449 48,120 952 230 831 549 1,290 700 6,050 10,904 6,386 42 346 943 76 42,938 348 42 4,165 124,911 74,492 1,218 419 1,246 998 1,290 1,578 11,000 22,891 6,386 46 346 943 80 42,938 633 42 9,029 175,575 69,908 1,068 623 1,149 887 1,269 1,719 11,230 20,787 6,701 878 4,950 11,987 249 1,170 249 40,663 58 47 11,848 169,625 285 4,864 50,663 Page 23
Community Voluntary Actlon Ledbury Dlstrict For the year ended 31st March 2025 DETAILED STATEMENT OF FINANCIAL ACTIVITIES (cont) Unrestricted funds Restricted funds 2025 2024 Support Costs / Overheads allocation Wages Pensions Telephone/internet Postage and stationery Sundries Computer system Subscriptions Welfare/refreshments Cleaning Travel Bank charges Recruitment expenses Consultancy fees Office Equipment depreciation Exceptional items 41,873 952 407 588 336 943 41,873 952 904 3,540 433 943 39,124 874 772 3,079 67 1,170 310 679 65 75 1,429 497 2,952 96 220 360 61 370 360 245 155 220 532 61 573 1,417 245 155 76 173 203 1,057 35 565 76 46,869 5,053 51,922 48,244 Governance costs Accountancy Fees Examination Fees AGM expenses Legal Fees 600 600 300 54 54 39 654 654 819 Total resources expended 105,355 129,965 235,319 225,156 Net Income/Expendlture 23.564 67,340 90,906 7,393 Page 24