REGISTEREO COMPANY NUMBER.. (ENGLAND AND WALES): 07322971 REGISTERED CHARITY NUMBER.. 1140624 theTf an Fin ho Yaar h202 Able & Young Ltd Airport Housg Purley Way Croydon CRO OXZ
E4CHANG NGLAND LIMIT he Financi nt eYearE l March 20 Con Pag8 Report of the Trusieos 1 10 8 Rgport of the Independent Auditors 9 to 10 Slal8m8nt of Financial Activiiies Balan¢e Sheet 12 Cash Flow Slatfrment No19$ to the Cash Flow Statem8nl 14 Nolgs to th¢ Financtèl Statèments 15 10 21
VOICE4CHAN EEN LAND LIMITED VOICE4CHANGE ENGLAND LiwfED Reportg of the Truste8• for the Y•ar End 31 March 2tr23 Th8 Trustees also dii¢ctors of tr charity tor tt19 purpw ol Ihe Companiès Ad 2006. prosenl thelr rwrt wlth the financial stal8menls ol th8 charty lor the yeaf ended 31 March 2023. Tho trustees have optad the woviwons of Accounting and Reportw by Charibes.. Skièment ol Recommgnd8d Practice applicable lo Chares preparirKJ their actounts in accordance with th& Financial Reporting Stsndard aPpIats1e in the UK and RwblK ot IrelatMI (FRS 1021 (effectw 1 January 20191. STrUCTIIRE. QOVERNANCE AND MAIIAGEMENT AboLrt VoiGo4CharvJ8 EwlarKI, Ihg Bod, •nd r8qukements of a Charty v001Charye ENJland IV4CE} is a national, membership organisation provIng th¢xacy, support lor the bènelil of the Black and Mlnority Ethnic IBIAEI Sector. ft is a reglsleied charity (Charty Nuth.. 1140624) and a Company. Ilmitod by guarantee (Compary Numbèr: 073229711 For year 2022.2023, theffj vrtr8 4 trustees: Neena Samota {Chairl. Ila Chandav•thar ITreasur8r}. Ka Oxfard aj Gilhs Caton. V4CE has the lull range ol pdicigs arKI W¢ule5 tor good w46rnarth management, as rfjcommonded by the National Counol lor Voluntary Organisations. These arg dai8d and Ihè date ol reviow limgt&blod. V4CE has Pullic Liability Insurance lo £5.0.000 ar EMoIS Lk8bilty up lo £10,CW.CO). Our Liability Insurances are r8vl•wed annualty lo 8nswo that cover ig quale. Orginlutlofft•l •tru¢luY• The organisation is led by th• Dir¢¢tOf. Kunlo lOd, Tho ha6 overal cwaknal responsiblllty for all aspects ol th8 organisation. H9 roports lo the Board of Trusl•8S and all03 Board mè8kn'N)s. Fornal Bowd mwbThJs are rurs al least 4 tlmes a year. Addtlional Board meglir4Js arè run as th& n88d &75es. Wrth advice Irom, and in conjunction with thè Dlreclor, the Board rnakgs dgcision$ )out govemarte ar olhèr subslanlial i85uos relatrng lo V4CE'. as well as maintains ovèrsight io ensure that all woth is in accordance with the obj'ects ol V4CE and eurrenl tslalion. and projects aig run a¢cordiThJ lo agreennts wth lurKlgrs in tho Inter•st5 Ot the 81ack and Mlnorily Elhnlc IBMEI sector. BesKles the 18¢101, there are 10 other staff. V4CE is divld8d i0 3 main lurrttion$.' Pollcy, Developmgnl and Communication5. The Development area coveTS V4CE granl programm•. mèmbership and capacity buikling 5LPPOrt and the Head ol Developrnenl manages 3 Grants oifKers and a MeMtshIp Olficer. Th9 H•ad ol Communications fflanages a Communicati Oflicer. There are also Project Financg Officers to manage rolèvant suwort functions. V4CE is usually a¢tiv• in r8cfuib'ng, inducling and vdunlegrs who hglp with drfferenl asp9cls of dellvery and administratn. bjt tlM8 has b8en haligd as a of COVID 19. Rl*k manag•m?nt The Director and 8oard have a rksk framowoik to review risks the organisalion is exp)sed lo and takgs 8teps lo reduc8 or minimise these risk5. Examples of risks Ilde charyes in national pdicies. which coukl impaci on projects al V4GE. as well as risks in ler of rethJclion8 in fuNJiw avatlable. In 2022 23 a small tgam ol thè Direthor, the Char arKI the Pr(4•ct Ollw Ihe iisks attachgd to COVID 19 10 ensura that these were managed properly. Page 1
voi HA E ENGLAND LIIAITED ofth T rlhey OBJECTIVES AND STRATEGY Charitable Objeth8s The objects in thè governing document ol V4CE are: 1. The promotion ol equality and (thvefsity lor the PLkn¢ by.. al thè eliminatron ol discrimina11 ol any kir¥J wtstso8v8r. w)cxfrwJ rl limitgd tol lace. 98ndw. thsability. sexual orieniation, ago. religion and be&efs; bl advanciro education and raising awe$S in eqUty and (fversity: I womoling aCtNeS lo loster und8r5tandiNJ b8lween wplg from divers8 b¥kgnd5' conductirwJ or mMiSS)nIr0 research on equality aThJ thetsity issues arwj put41$g the results to the public.. el eultivaliThJ a sentiment in fav¢yJr of equdty arJ diveTWty. 21 Th8 promotlon ol raclal hamnY for the public benefft by: al promotiThJ knowled9e aThJ muiuaj underslaThJing between drflerent racial groups., bl advan¢irwJ education Ing awareness about dflerenl raryal gr(x4)S to $y(le wod relations tjtheen persorffj ol dilferent racial groups: aThYor cl workmig towaTds the elmination of ijscriminalion on the grouThJs ol race 31 To Soci indusion lor ltte benefit by in ENJland ar8 social excluded on the grounds ot their ethn orYJin. ref0. tJdf or creed to relieve th8 rwds of ropla and assist them io integrate into soc 4) The d8vebDpmenl ol ihe capacty and skills of the merrJers ot so¢iaMy arvj Konomically <sadvantag9d BME Communities in such a way that ttrw are bettér abl8 to id8ntfy. and help meel, their neets and to participate more fully in scci8ty Vision, Mission and Values V4CE vision is for.a slronger and moro inCs1¥e CMI scKiety. frt lo meet the needs of BME communities.. V4CE mission is'To worts toward5 the vision to buikl an I$1¥9 C wiety fft to meg1 the n88ds ol BME communiliès. and strengthen BME sectcrf oigani5ations to h tkni ret the ngads of thelr communlllos". V4CE Valu•9 . . Fairne$s'. to treat individuals organi1)n$ wilh reyct and with an even hard. . Innovation.. lo work in ways which are new and crealNe, aThJ wh¢h defin8 rw sdirtbns to the problgrns faced by the BME sector. . Transparen.. to enswe ihai all (4)eralicKts are clear, visAe. aThJ hone. Transformational: to translom ow own rKganisalion as well as of our partners for the tter. In ordèr lo meet wsion a1 mission, V4CE has sel Ihe lollowirvj S Strateg aiff.. 1.. To PTovide18adership a1 resources lo iruease BME S8etor IrN0nI arKI rewesentation in key decision makin9 and poly forums 2.. To IneaSe awareness and iespect of BME Sector role. actsvTbes. inyact. and a(ts value 3.. To streThJth8n th8 BME Sector aThl race equalty th¥h di11 infrastructure see delsvery. athocacy and improvirg infraslruclure proviyon Ihrough partnership ar¥J collaboration 4.. To increaso OPPOrtuniltgs for BME organtsations to develop rosow atNI sustainthlty tknugh ente1$8. crealivtty and sector18d grant makirvJ 5.. To harness the BME voice through parfnershii. researth. and cortsLthation, to ertsure the BME perspecti¥e is heard in issues that shape $iety Publlc B•n8ftt When planning and oY8rseeing activrtie5 the Tw$iegs have kept in MI the Chity Commission's guidancè on Publ bènelit. Trustees ensure Ihai the pryse of the (aiity: ' is clearly beneficial in a way ihat is trfiable aNJ capable of beiro by evijence. and not based on personal vwS . etIts the public In general. or a suffwt seclSon of Ihe 1c, is not lor personal be1 Paye 2
4CHANGE ENGLAND UMITED fls Tru OVERVIEW OF W22- 2023 PERFOPthIANCE AIKI ACHIEVEMEKrs covirh19 Beglnnlno ot th• •ftd The year 2022-23 is tho yeaT in which wg came t¥Jiol Ihe COVID paThYwnic which brou1 thè world inlo a maelstrom ol unloresegn challenge5. Voice4CharwJe EnglaThJ btyan a process of ravaatiOn ol th8 impact of the ehanges impacted by Ihe chity and Ihe new challervjes threh ts d8velopl1}I of new Strategic Pla which recogntsed societal shrfts thal had taken place duriry the pandern that remain with us (George Fbyd protests) but also noted the continuation of certain Ih8mas that wer8 Ihere betore tho pandern. Namely, people gxperiencing greater levels of homelessness, more wi Poof housiThJ, increased unemploymenl and redundancies.. rising debl and greater diifKulty in accessing daty essenti. and PXJrer accgss to h8ath soNices. And finalty, the goneral undertjnding ot the BME sgctor. For us al V4CE it meant a complete shift in rfrthinkiNJ how infrastrre stM)ukl opwate in an 8m8rgency. Th8 answer was 10 transform our small national operation inlo a Grants dislitluior targeting BME organlsation. The speed and rwJour in thich this was do by a taniastically grfted and hathorking stalF 9roup has been commer¥Jed by Twstees and Th)ted in this reptxt 0r last tsvo years d05e to £2m was administrated in emergency lundiNJ lo over groups. COVID related wcffk. Thesè vital funds st¢JpppJ many community groups from eher enduring delrimenlal 11"rJ1055èS WOTSt-case scenar)s, becoming unviable and ceasing operatK)ns. It helped t Me the demand trom th'r bengfdaftes Prole¢ts and oth1MentS Below we highlight the koy progfammes arwj inib"atives Ilwl Shar aVirt10S at¥J overthe cours0 of Ihe year. W8 would fike lo Ihank our funders and dor)r partn8rs COM Reliel. Sport EnglarKI. the Nation Loitery Ciymmunty Fund ar the Home Office. W8 would also likg lo thank our SlrategK Partners.. Blad( S¢yJÈhw8St N8twork, Mwyant RMJhts Nelwork. Manchester and Lancashire BME Nets¥S, Race l)n the Age the Muslim Chwtses Fiyum. 1. Comlc Rdlef and Natloml Efftn TnMI funded Gmts 09rnrnrne Fundlng: £135,046 Fun(Ing was used lo grant BME commuiwty groups thatwere struggling to help their community member$ who were disprow)tffjonal8ty impacted by COVID 19. The Ufgerty of needs and Ihe systematic nderinvestmenl in BME ¢ommunty grw tyirKJ to meet th. Lxn soen by ts sh88r volume ol applications received by V4CE. Thar8 was c4ear neod and ( wopos lo meet need. sowy because there was rnt ernugh funding lo gNe. Outcomes: . Hdyng the most disadvantaged and vukneratrAe iFvease Ihw a'fity to meet dw'ly n88d5 such as food. medication, hygieno prtrjucts elc. . Improwng quality of lile for housebound by WA'ThJ them wilh SIXY a1 diglal inclusion. e.g. helpiNJ objef people comrnunicate digilally with their lamity membèrs. . Redu¢irKJ ISallOn, k)neliness and poor mental health ttwough belrierKINig arnl weltseiThJ services. . Helping people through iryproving their ur)YerslarKling and thlty lo secure rKJhts arKI benefrts- a vital service wevenling expb)itatwi and peo avoKI dpstilulion e.g. by clwmirKJ the bendits they were entitd lo. 3. Pargttèr TNst VOICE4CHANGE ENGLAND. 14 PARTNEASHIP WfTrl ThE PARGrrER Voice4change ErvJlaTrJ in partnership with Ihg Pargiter TrusL awarded 9 garsationS £43.5 K in grant funding enabling them io cary out heath. weltsmg ao%ite. trainw sut4)ort with the agJ 65 arnl over in 8ME communii
vo E4CHA E ENGLAN IM ProvKling surwt with core costs on a b)nterm basis Wtmoti tMII provide Organisan3 with time arKI r8source5 to co-pfc•Juce communty responses is an wiority. These organisalions not only provide ac¢essible and Ire8 seNic8s athjiessing or leVIate comftwiTrty ngeds kxrt thoy enablg th8 Sustair111ty ol communities through Ihese. wh rellects to Iheir 5elf.esteem. awrations and positive commuiity connections. This is not only impnant for communities e ours who are in the rycKss of th9ir settl8ment to lrfe in Britain bui try 8nabling the dèvelwent of arKJ Mnslnthe relalions bglween communtt whh comprÉse our $oci6ty- 4. . Natlonal Lott•ry Communlty Fund (Pathv•y) Pathway is a new partnership iniliatwe hosl&J by V4CE. foued in Novembgr 2022. aiming to calalyse OpportLJneS lor BFack and MinoTitised communities au4)ss EffjlaThJ t0h social investrnenL Kunle OlukJ• MBE, has demonstrated commitTrI to ¢atsfysiNJ Bk aTrJ Minorty Wo9 given Ih9ir robe as a national nthrk lor Bla¢k and Minoritised-kd 0asaI)n$. ieary as partriers Ihis endeavour will be Stephen Bediako OBE and Bonnie Chiu. The Pathway Fund has secured £0.5 ry¥nion grani funding lrnm NCLF, entered Into a startup phase as of Awl 2022. The Pathway Fund ams to ad as a in tha social wNeslment sector ty: ProviditNJ grant lur¥JirwJ to address barriers fac8d by entèrprises led by and for PAack and Mlnofittsed ojmmuniligs in accessing tinan¢e to fund and grow their aeimties, and in acquiring communty assets," Catalysing Ither inveslmenl inlo Black and Mirb)riiwl mMuni1l9S by dwiskiry investments through blendod finance and infiuencirKJ now investors: InfiuenciNd the UK imw investiTrJ seclor on thp agenda of raGo1 ewty. throwJh sharirKJ of best practices and data and setting ol standards, arKI ornrgirwJ 8k¥k ar MoI1t88d aderS in thg Sector FuThJraising To dale. Pathway's ltsndraisry effryls l(w)Jsed on rsvyJ lor (xjr pdol Kryramm85 and r8s8arch. As ol Pori120¥3, a total of £1.45m has bggn rased from parthgrs lor this wtyk. includirKJ'. Cty 8rlge Trust.. £25(I( 5eoJred towards Enteryytse Develownl P0¢ Esmee Fai8th Fwndation: £200k secured towards EnleilSe DvAopment Pilot J¢)seph Rovmtree F0urKlatk. £5fAA sVred towards tho two PdrAs Barrow Cadlxjry Tnl and Carwie UK: £35k seaKed tOT researth. Th43 total wivestmanl means Ihal we can aclrlate thp devetsjw of 2 key pibts- EnteryKise Deveknpment arKI FUNJ Managgr Incubalor. The piknts will play a s1gnrficI in demnstratirKJ proof ol Cop1 and the bulld of prodwts for tho mawi fiJrKI. The first pilot is an 184nonth to 12 8ME-led eniffjxises. As a wholesaler, it wil be w(Kking with Bkck and Minorilised48d intermediaries to deliver this where the inlornwdias will be hokling direct relati¢)nshwps the enterprises. Th8 S8cond F4kt 15 a Furxl Managw IrKxIMtor t4ot to SLWJt capacity bldVa ot dyee Black arnl Minorilbsèd. led lund managers The airn is to supwt Bla(* and Mincrtbtknd furxl managers. paiiulaty lirsl.time lund managws. in buthng and mana4¥ro fmds. There is a jack ol dwerw in thg mstMent and asset management space. particu5aty at d8cision-rnakirwJ18vels.
VOICE4CHAN Re EEN LAND LIMITED 5. Sport England In participating in the (li$lrllwtion of Sport ErvJland funds vla their TacklirvJ Ingqualitios programmg. wo were aware ol many 8ME organisalions who would not normally provide physical actIveS, who now recognlsed the need lo adapt an(1 provKle this as a result of ri$irwJ inactNity and related hBallh issues through disproportionate pandemi¢ impact on BME PB0p. Th9refoTr. onè ol our main priori1185 lor this fund, was lo try and encourag8 non-sports organisalion8 lo think ol projects that would he> lo 1 thgir seNl¢6 user group begln lo be physicalty actNe. Outcomes-. • Improved ability lo address hèalth needs through the wovision ol accessib and cullurally s8nsltive sports and physical acllvhles provision . Greater reach to h8lp some ol tho most disadvantaged e.g. BME women suNfvor8 ol domgÈtic 01ne8, BME wople wilh disabllilles, young peo in nèed of activities that hèlp pr•vent antl-social bèhaviour and hglp with menkl health i$8U88 elc. . Greater knowledge ol innovativ¢ m8thod$ used by 8ME groups lo rgach. engage rfaln dlverse communities In sports and physical actSvltie8 • Improved. moT& effective reach to those who have not been gnoag8d in sports or physlcal activities,. ofton provioed with inlomalion lo help Ihem than engage with oth8T local provision leading lo oroaler integration Dèvolopmenl ol legacy woth so the benefits ol Iho propcl can Continue aft8r project end • Improved race ewallty by reachlng and provlding effectlv• $orvlce8 ft)r BME pooplè had not ewaggd In sports proVisn 6. Hom• 0111 Wlndru•h Communlly Fund IWCF) Rolling contract of £144.623 from D8c8mber 2020 to October 2022,. £125,574 in 2022- 2023. In November 2020 V4CE signed a ¢onlracl with the Homo Office lo dellver grant support lo chariilès and communily organisalions aiding vlclims ol what was1orm¢d'Windrush' issugs namely difficuty in provlng legal righl to iessdo as immigratlon systems al arrlval were differgnl, #nd consequent lossgs and deportalionB as a rosull. V4CE lell as a trusted BME-kd organlsalion, il could help with inlormallon givino and administratn ol the fund,1gadlng to grant awards that coukj holp BME community organi5alions help raise awarenes5 01 the availablg help lor affected people Ihrou9h creation ol Windrush Schem83 that could bring about laglgr and mole eftective outcomes lor tho88 looking lo bg compgn$oled for108sosldAmage or lo secure proof of the right to r•8ldg In the UK. We had a huge rosponse lo th? grant programm8 announc8ment. Tho first Phasè 1 had 79 groups requeslSng 1,369,497 wtth a fund amount of £3LIO,000. 14 groups of Ihe 79 were successlul with a spgnd ol t272,024.15 siartlng In May 2021. Outcomes.. To Feb 2023.. . lrnpioved awaren888 ol th• WlndnJ8h Community Fulld through V4CE ¢ontribullon lo publlcrty and o onling information even15 Eff )ve r8ach ol lh8 programme resuliing in slgnlhcanl IreaSed appbicallons. SUeSs in dislribuling Phase 2 grants. 21 oroanisotions across the UK werè awarded grants £223.987 10 wovide support to Windrush victims and to rasse awarenèss ol what they might b& entitled lo via th& Windyush Schem8 Idocumentationl and the Windrush Compensation Scheme . Effective sel up ol V4CE monitoring and evUatIOn systems, with pgrsonali$8d surwt 7. Jo••ph Rowntr•• Rdonn Tru8t £91.950 funding was granted by JRF lo commission a reputable social rgsear¢h company lo earry out rigorous quanlitalive testing on (around livel 'lramès' develop8d by the ReframirvJ Race programme. This iests'ng identilied effective overall storles on 'faeè'. racism and ra¢ial justKe as w911 as me3saggs, words and phrase5 capable ol efteclively d&lNering these stories and influencing target audiences. The 18soarch is vital lo fjquip advocalgs with ways of talking about 'face', ra¢i$m and racial justicti that can chanoe the public convorsatfln and secure support lor serious ¥lion on racism lo which thosè in p)wer musl iespond. Page 5
vo E4CHAN EEN LAND LIM JRF has Fyevi0us invpsted in the overal Reframir4J Race programme {£18.3901.aThJ most recènlty in specific Tesearch to understa& the conknjrs of wbkc thkn.J on'race., racism and ra¢ial justice. These insNJhts- published in Common iknund. Contèsted Space- lo Su8$1 the kilS of stories and m8ssages worthy of bèing lridled in the ksbng phase. The work in ReframiThJ Rxe to date has alrea¢ty genérated key ftaming go5. i.e.. hthat we want lo a¢lithe tIw0h (Mjr retrarrirrfj. Thg ittpacl of the project Is lo usè the IrIghts from the researth to str• al piskn thocacy in an OmwalY way. FUTURE PLANS V4CE will continue to devekip annual wck based on ¥lsth. missbn aTrJ strat8gl¢ aims bsl•J ¥a)ove. This means that we vill conlinue woth on-. . Seryi¢es to assist disproportionate Thpxt of COVID-19 on BME communilies. and h the BME Sector tiKI recovery . To collgct feedback Irom the BIAE Sth to a(hss key issU8S . DelNery ol infraslnjclure sorvtces to supwrt indNKlual BME ryM5aknal d&¥ewnI . Key policy work lor the benefit DI the 8ME Secl . WO to help BME.led organlsalx)ns seujre a s1791U1ure V4CE is rapidly building services Organisat$ dNsify income and have bètter ac¢esg lo social invoslment. This will m8an the inlrothjcti( of a vast range of measures frcm witribuliThJ lo development of a ring-lenced endowment fund BME organisaions as well &8 worf( wrfh partners lo build new resources and activities for gncouragiry enterprise and tivIsm. Poll¢y: Cost of Uvlng Crlsls our respons• Lellva Up Desyte efforts to revive the economy post.Covid, the UK faces stagnant growih and rnuntiNJ nanal debt. posing chaleroes to lontemi financial stability. The ccffi5ewences for iThJivKluals families are already hugety challenging- leave aspJe the ricture we see in 8s Birmuvjham. where hxal govgrrbmènt has gone bust- with significant culs in lurKlir•J to communty-based seNw. Thi% reality forms Ihe baekwund lo th8 local electkjn due in 20¥J arwj 2024. R8serve• Poll¢y As of the 3181 March 2023 Ihe Chadty h&8 reserves of t95,. Howtrrfer. tho larg8r part ol this 15 restrkted £94 388. In lenns ol real reservés. the Charity has unrestrirted r8s8Nes ot £674. The Trusiees also to mJi)tain neral reserves to Cover at le8513 months rurfflir¥J costs {an ad(liLional £4.000 por monthl. Accordingty. the organisalion is looking at slrategies for inueasirwJ urnestricbd f¥Jnds. VoiGe4Change England holds reserves accor£ng to its Fleserves pOIy. which is In line wrlh NCVO and Clwity commission gurtlance. In 2022- 2023 VoKe4Change England no furkai8iry in tel of aFpeals lo the publi¢. All incom8 was through grants. KEY REMUNERATh)N POUCY V4CE has a policy of payw)g staff accordirg lo the kKal pay con(fil$ commensur for a pwlhwlar p)5iiion taking into account feskNMSibileS and thlls un*Jue to that sit1n. Pay are per(liCally r¢viewed against otsr ctit&ia sh as irfflth'M18vels. Page 6
ICE4CHANGE ENGLAND uMrrED of the Trustees REFERENCE AND ADMNSTrATIVE DETAILS Aeglsler•d Company number 07322971 (England and Wales) RegISler Chrlty numb•r 1140624 Neena Samota (Chairl Ila Ghadavathar Karl Oxford Gilles Cabon S•nlor Ihnag•m•nt T••m.' Klmle olOde. Itlrectorl R•glstgr¢d offi. KosThw)s Cth. 3rd Floor. 2c Fakland Ro&J. Kentsh T(Th. Lorwjon NWS 2PT Audltors: Pble & Young Lkl Airport House. Pudey Way. Croyth. CRO OXZ Bankers: Unity Trust Bank 9 Bn'dley Place. &rmingham 812HB Page 7
VOICE HANGE ENG ND LIMITED of th Trust STATEMEKf OF ThusfEES' RESPONSIBILMES The Tiustees (who are also the dir8Ctors of the v04Change Erwjland company . Registered Company Number. 07322971 lor thg puws of company lawl are resKy)nsiU8 for preparing Ihe Report ol Ihe Trustees aThJ the finawab statwnents a¢C(xdar0 wilh awlicaile law and United Kingdom AcCnting StaThJard5 {Uni1gd Klryn GeT• kcetyed Accwthg Pr&knl. Company law requires the Trustees io preparo linancial slatements for each finartial year which gNe a true and fair wew ot the stale ol affr$ ol the char((ai4e cornY and of the Ir0M1r4j resources and application of resowces, iTKhJdirwJ the #KX)nw arKI eXlIre ol Ihe charilat4e company lor that pgriod. In preparirKJ those fina181 slatemenls. the Twsitss are rewired to: "selecl Suitab accounlirYJ leS and Ihen alY them cOstent. •ensure accounls obseNe the mthhods and prI1pS In ihe Charty SORP: nsure accounts make judgements and estimales that are reasonabk and Wlent. lal¢ whether applicable UK &counting standards have been fdk)wed, &]eCt to any materi departures dClOsed èxplaingd in the financwl ateMents. •ensure that financial slatements have teen prepared on a gom concern basis unl8SS it is inapproprial8 lo presume that th? charty wll e(mlinue In tmtskness Th8 trustees are responsble fcw keepi woper recNds *thi¢h disclose with reasonable accurw al any time the finartI Wion ol the charitabbe company to enable thom to ènsure that the fina11 statements conwy with the Corryanies Acl 20C6. They are aiso responsib lor 5aleguardir#J assgts of the ¢bariith corrgany aNI herte lor taking reasonab steps for the wev8nlw)n aj ol fra arKI other ingulariti9& STATEMENT AS TO DISCLOSURE TO OUR AUtffroRS In so far as tho TNstees ar¢ aware atthe time of apwoviw our Intstees. aftml retxiri: thère no relevant audil inf0mtIOn las defined by Section 410 of the Companies Act 20(%) ol which tt Gharitabl8 company's aLKlitors are unaware: and the Iruslee5 have lak8n al steps thal they oUt to h8v& lakèn to make mSelV8S aware ot any relevant auttht informatiM and èstablish that the auditors are aware ol that infomiation. The trustees have wewed financial woiections for MIng years and are satisfied that they can skte that v0e4Change Er4JkirKI ts a goiffj concem. Th8 above report has been wepared in with ts wovisiorts aF$lb to Companies subject lo th& sinall c(Mnpanies regime as sel CMJI in Part 15 01 thè CorrgaThes Acl 2(K6 artl in accordance wilh the Chwiiies SORP {FRS 1021. AUDITOAS The aLvJitors, Pknle & Young Ltd, wil be w0p0sl for rtrapyolntiI at the forthtsThing Annual GènerJ Meeting. APPROVAL TFHS report was apFYoved by the Board arml s1Jrd on rts behalf ty: N8efia Samota Chair Date.. 05 PwJe 8
rKlgnl Au(rrtors to the Mernb8rs of EN LIMITED VOICE HA Oplnlon W& hav8 audited the thancial statements ol VOICE4CHANGE ENGLAND LIMED (the 'charitablè ompany'l for Ihg year ended 31 March 2023 wtHch comp¥tsg th8 Statement ol Financial AclNitie$. the Balanee Sheèt, the Cash Flow Statom8nl. arY notes to the fwancid statemènts. Iu1a a surnmary ol significant accol.ng polKies. The finalaTr reportirwj that has been apF4ed in their weparation is applicable law and Urwted Kiwm knunliry Standards, IlUdIrj FRS 102 The Fin1 Reporting Standard aPpIabLe in the UK aThl RepthK ol 118land' IUnrt&l Kiwm G&neral Pept& Aceounling Pra¢ticel. In our opinion the fmancial statsments". giv8 a tnJ8 and Iwr ol Ihe slate ol Ihe charitable coryyany's affr5 as at 31 March 2023 and ol its incoming resources and applKalion ol iesoLwces. luthJ ts irKome arKI exp8n(Iture. lor the y8aT then ended: have been properly prepared in aceordan¢e vrith Ulmted KIWM Generally Pttepted kcountir Practice,. and . have been wepared in aCUrdar with the reqUYerT ol the Ctywigs Act 2c. Ba•ls lor oplnlon We corKlucled our autht in accordance wilh Inlemational stalards on Auditing {UIQ IISAS IUKI and applicable law. Ir responsibilrties un(knr Ihose slarnlards are furthw described in the Auditor's responsibllrti&$ for the aLK14t ol the 0nts Sec1k of our repyt. We independent of tho charttable company in accoT(lance with the elli1 requirements that are r818vant lo our audit ot the accounts in thg ineludiry th8 FRC'S Ethical Standard, th the wovisims available tor small enti1ies, in the ¢Ycumslances s out below, and we hav8 fvifillgd our otr eth¢cal resportsknililies in accordance wilh thgso r8quirgmgnts. We believe that the audit evKience we have 01¢ is suftient aThY wokyiale to provKle a basis lor our opnion. Concluslons rnlatk)g to golng concem In auditing the finarti81 stalernents, we have tOn¢hAI thai ts tnjsle, use of the goiw corxern basis of counting in the preparalion of nal SL2ieNnts is w¢yiale. Based on work we have perlornwd. Ta have not Mkntifl any matsrial uncèrtwtss rdating to events ¢y condiknorts that, iliVidUalty or collectivety. may cast svJnifu)t ¢)ubt on the chaiitable eompany's ability to continue as a goirwa concem for a period J)f atloasl from when the financid statements are aulh0ri5ed for issue. Our responsibltieS and the responsibilties ol Ihe Intstees with T8SP8Ct lo concern are described in thè relevant sedons ol this reW(. Other Intorniatlon The trustees are r8sponsible for the other inf(wI1. Th8 fAtrw #)fonr4114)n comwses the inlom?ation induded in thè Annual Rewrt. other than fv fina1 slatements arwj ¢yJr Report of the IndepeNlent Auditor5 Ih¢reon. Our opinion Dn the fmancial slalemrt does not eovef the other inh>rmation aThY. excepl lo thè extent othewse explicth stated in our repoiL we do not exFxess any lonn of asswance corthJsKn thefeon. In connection wrth our aLMJit ol fin slalements. ow resrn$ity is to read the othw informalion and, in doiNJ so. consider whether the other wrfcffmalion is Matla1 inconsistert wtlh th8 hnancTral slalements, or our kno%edge obtan8d in ihe audrt or Oth& &par$ to be matelially misstal&J. It we idefy such Mater inconsist8nciès or apparent meTIal mi¥statements, we are fequired lo detemiine whether this gives rise lo a material misstalement HI the linancial statements Ihemsefves. 11. based on the worl% we have perlorm9d. wg corKlud9 th* tsrg is a material misslat9 of this othgr infornmtiw. we arg required to report that lact. We have nothirvJ lo rebyNI in tri5 regard. Oplnlons on other maller8 proxrlbod by tho Ael 2006 In our opinion, based on the work undertaken in the course of th8 alIt.. the inlomiation Liven in the Report of the TILtslees Itx the linanC year lor wthich the financial statements are prepared is consistent the financid slalements: a1 . th8 RerA)rt ol the Trustees has b8en prepared in K(lar aN&bIe19al wuir8monts. Page 9
nden EEN ors to h Member D LIMIT HA Matter8 on whlch we grn requlred io T8port by oxcepllon In the light of the kn¢)wledge and undersiandlng ol the charitable company and Its environmgnt obtained in the course of the audlt, we have not identili8d material missiat&m8nls in the Report of the Trustees. We have Ithing lo repDrt in respe¢t of the following matters where th8 Compani¢$ Act 2006 rwuires us to reFI)rt to you if, in our oplnion.. adequate accounling records have not beon kept or relurrys adequate for our audit have not been received from branches not visited by us; or tho financial 51atements aro not in agreement with tho ac¢ounllng records and returns.. or certain disc105ures ot Irustee5' remunerailon specified by law are not made., or we have not recewed all tho inlormation and explanations we rwuire lor our audlt. Re•ponslbllltle8 of Iwstoo• As explalned more fully in the Statement of Trustoes, Fl8sp)nslbllllles, Iruslees (who are also the directors of the charitable company tor the wrp)s85 of Gompany lawl are responsible lor the preparation of Ihe financial $laièm8nls and lor teing satislled that they oive a true and tsir vièw, arKI lor such internal onliol as th• trust885 d¢lerming15 necessary 10 gnable th8 preparation ot Ilnanclal slaiomenl8 that are free from material misslalement, whether due to fraud or error. In Preparing the flnancial slatemenls, the Iruslee5 are responsible lor a$ses5ing the charitable company's ability to continue as a golng concern, dlsclosing, as appllcable, maffers related lo going concern and using the going concern basls ol accounting unles$ the Irusiees ellher intend to liquldate the chariiable company or to C8ase operaiSon8. or have no realisik altemallve but 10 do so. Our r0•pon•lbllltl•8 for th• •udll ol th• Ilnanclal •t•t8m&nt8 Our objeciSves ar8 to oblaln reasonable assurance about whelher the acnts a8 a whole afe Iree from materlal misslalomenl, whether due to fraud or erior, aTrJ lo Issue an auditor's report that IludeS our osj'nion. Reasonablo as8uranee Is a high18vel ol assurance, is not a guarantee that an Èudil corKluct In accordance wrth ISAS IUKI wlll always datect a material mSs51ai8ment when li exlsls. Misslalemenls can arise from fraud or error and are Conser6d material il. Individually or in the aggregate, they could reasonably be èxpeGted lo Inlluonce the economic d8cl$lons of u8ers iaken on the basis ot these accounts. Irregularities, including fraud. are instances ol nOnornIlance with laws and regulations. We doslgn procedures in Ilne wllh our respon$ibilitles, oullined aly)ve, io dglecl malorlal misstatements In respgct ol Irregularrties, includirig fraud. The exlenl to which our procedures are capable of dgtecling Irregularities, Includlng fraud Is deiailod bekjw.. A lurthor description ol our responsibilili$$ lor the audit ol tho financia statements is located on the Financial Reportino Council's websito at www.Irc.org.ukJaudllorsresponslbllllies. This description forms part ol our Report ol the IndeFendenl Audltors. U•e of our rnport This r8kXIrt is mado solety lo Ime charitable company'8 members, as a body. In acoordance wlth Chapter 3 of Part 16 01 the Companies Act 2006. Our audit work has ljeen uThJertaKen so thai we might state ID the charitable company's members those matters we afe roqulred lo slate to them in an audrtors, report and lor no other purpose. To tho fullest exlenl permltted by law. we do not accept or assume responslblllty to anyone other than the charrtable company and Ihe charitable company's members as a body, for our audit work, tor thls reFr)rt, or for th8 opSnions we have formed. Aekh• Sh*h (Senior Ststutory Audltor) lor and on b8hall ot Able & Young Ltd Alrport House Purley way Croydon CRO OX2 Dale.. oq.I.D1.ItsL.¢fr......... Page 10
VOICE4 HAN E ENGLAND LIMITED Finan 20Z3 2022 Total funds Unrestrthd Rostricl frjnd INCOME Donations 148.097 991.641 1.139.738 998.021 EXPENDITURE Raising funds 23,514 charab Ac 139.449 1,040.312 1,179.761 1.908.5 Toi 139,449 1,040.312 1.179.761 1.331.519 NET INCOME 148,671 140,023} 1333,4981 RECONCIUATION OF FUNDS Tr•n¥f•r ol lund¥ Total lund* bro 1362) 362 142.696 150,7 484.198 TOTAL FUND8 CARRIED FORWARD 16.289 The rw)tes M pages 15 to 21 form pwl ot these fmncial statemgnts Page11
HANGE ENGLAND
2023
2022
FIXED ASSETS
Tangible assets
2.747
6.530
CURREpif Assrrs
D8btors
Cash al bank in hand
55.645
116.572
76,479
173,732
172,217
250,211
CREDITORS
Amounts falling due within ore ye
10
{53,4541
(106.0411
NEf CURREPIT ASSETS
TOTAL ASSEfs LESS CURREpir
UABILITIES
121.510
150.700
CREDoR5
Amounts lallirMJ dug after more than on8
110.833}
NEf ASSEfg
E4CHMGE ENGLAND LIMrfED 2022 Cash Ilows Ir¢Jm 0119 a¢llvlll•8 Cash general1 Irorn op8ratrons 339 0261 Net cash Provided byllused in} opwabThJ 339.0261 Cash flows Irom Inv•sling actlvltlos Purchase ol 9lIe fixed assets Net cash (used inllprovid8d by inve5tiThJ athibes Cash Ilowsfrom Iln•nekig •¢llvths Nel cash (used inYprWd by ffinan(#ng activities Change in ¢ash and eath equlv41Bnls In th• roporllng perfod Cash and cash •qulvalollts at the beglnnlng ol the reportlng perfod 173.732 514,526 Cash and cash w4u1V•lw at the end ol the repTrg p•rlod 116.572 173,732 P4e 13
E4CHAN E ENGLA IMtTED RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcnvmES 2023 2022 Mel Incomo lor th• rttportlng portod (•8 pw lh• Swemwi of opernllng Actl¥lllo8) Adlutm•nts lor". A(1 back.. oey8ciation Decreaselllncreasel in d8btors lrtr8asellD8crea5pI in creditors 140,0231 1333.4981 3,782 20,834 3,393 176.4791 14•t u•h provld•d byllu•ed In) op•rntlon• ANALYSIS OF CHANGES IN NET FUNDS Al 1.4.22 C46h flow Ai 31.3.23 Nol ca•h Gash al bank and In hand 173 732 173 732 116572 Tot•1 173 732 The notes lorrn part of ihg$0 Ilnarthl statements Page 14
1.1 BASIS OF PREPAFNNG THE FINANCIAL STATEkEiirs The finartial staiemenls have prepared in aceordarte with Aewunting and reporting by Charities: Statement ol RecommeThY8d Prxlice aprAicable to charities w8pariThJ their accounts in acdance with the Financial Reporting Star#lard appIable in t UK and Repthfie ot IrelaThY IFRS 1021 leflective 1 January 20191.. Charity SORP IFRS 1021. The FInch Rwbr¥J Stathrd a[4>Iable in the UK and Republic of Irdand IFRS 102) and the Companitss A¢1 2. Voic84CharvJe EnglarKI Limited meds the definiiM)n of a b?rffl entity under FRS 102. The financial Statem¥ are in Sterliry. wlKh is the tuThah)nal currery ol tho Chwity. Monetary amounts in these lknanual statements are r¥d oll to the nearest £. Th8s8 accounts hav8 been dr the historKal cost conv8nlion vAth items recognised cost or transaction vdue unless Other stated in Ihe relwant le{SI to these a¢)unts. The Trust8es havg assessed whether tt use of gOj con¢em basis 15 apprcpriate a1 have constdered possible events or ccthrLS Ihat rn1 cast s¥jixfanI th)thl on th8 alxfity of the charity lo continue as a going c(CeM. The Charity's Financial Stat8ments sh(nv rnt deful 01 £40.023 forlhe year aThJ unrestrtclod rese0$ of £16.289 as at 31 March 2023. The Iruslges beli9ve that ihe re(kn11 in Ome 1181 in thè yeaf will recover HI coming years now that cowd pandern rgslrit)n5 have been lifted. Trustees will conmua to monitor and ensure sperbjing to be done in line with income in cder to maintain sulflant reserves to cover the 3 months average expenditure. The reviw ol for 12 months from the date ot approval of the financid statements, the asswiat8d assumptions that uTrJerin it, the pipeli of new wKome aThJ the steps that coubj be taken to reduce expenditure should this be necessary. Further. il 5$ SUPP)rted ty the irKrea$e in volume ot activftie$ sugggst that Ih? trust VUkI èaming rN>re Irx¢m8 in lulure. Based on th8 informaln atKwe. the have a reasonabl8 8XPOCtation that the CDmpany has adequaie resources lo continue in operaticm lor th8 foreseeablg future and will remain profitable in lulure periods. Therefore. the trustees have adopled the goiro concem basis in preparing these accounts. 1.3 Income AJI income is induded in the SOFA ¥th9n the clwity is legal enlfvj to rt. 1p1 is PTcI)able. and the amount Can be measured with suffiuent ffeliabitty. Granl Income Grants are credited to the SOFA whèn the charity entidgj to the fi1rs. Income is only deferred where there ar9 time constraints imposed by the dornr or il the is rthOmnce related. V4here enti119m8rrt to grants receiv& 15 depeTr UTh of ¢1t1[ twlthln th? chaW's control, the incomo is reCognis when Ihere is Sulfleftt eVKI8 that ¢onditKms wll ba mat. Granls supporting Iha core actritss of the ctrwity aTKI TArylh no spec1f reslrthns placed upon their use are included within donalvJns and kgarAes. Grants that have specfft restrictittts plxed uw)n their use are induded within income from charitsble activttiès. Donallons and legacies Donations are reCogned in thè wiod fft ¥Jl&th are fftcevd. Legacy nxme is r9cognised the charty's 9ntiUern¢nt is I19¢d to be KrfobaAe arKI tre the amount can b& Teliabfy m8asured. The rteS lon part ol these flnancial statemats P•Je 15
HANGE ENGLAN Financi MITE t-co 1.4 Volunt••rs and donatod •oNlce8 and 1ocIIItI Donatgd profossional s0ceS and donated facilities ar¢ re¢ognlsed as Income when tho charity has control ovgr the item, any condllions a8soclaled wlth the donatgd itom have been mel, the receipt of economic b8nelit from the use by Ihe charity of item is pr(Jablg and that economic benefrt can b& measured reliatly. In accordarte wilh the charities SOAP (FRS 1021, th8 general volunt¢6r time is noi rècognised and rèfers to Ihe Iwst995' annual report for more inlormaiion abDul Ihoir contribulw)n. On recaipt. donalgd professional seNices and donaled tl11t18S ar8 rocognis8d on the basls ol the valu¢ of the gift lo the charty which is the amount the charty woukl hav6 been willing to pay lo obtain s8rvices or facilities of equivalenl econom 1)efit on the op¢n market" a correspondino amounl 1$ then recoonised in expendiiure in the period ol rgcelpt. No such dwalions were receNed during the year. 1.5 Expondltur• rneognlllon and Irrecovernblg VAT Expenditure is recognis8d once there is a legal or construthg obligation to make a payment to a third party. il is wobablg that saltment will bg raquirad, and the amounl of the obligation ¢an b¢ mea$ured reliabty. Expenditure is classified undèr the followng aclivity heathngs: Cost ol raising funds eomprfses the cost of seekiThJ grams and nationS and Iheir associated support costs. ExpgndituTe on charitable actNiknes CILje expenditure associated the main obieclives of tho d. Charlty and Mxlude both directs costs and thelr associated supt costs. Irrecov¢roble VAT is charged as a Cost agllSt th• activity for which Ihe gXP9fKliture was incurred. 1.6 Alloc•tlon ot support costs Support eosts are those funclions that assist Ihe WO of Ihe ¢harity but do not directty undertake charrrthe activities. SUpFrt costs include back-offi¢e ¢o$ts, managemenL financ8 and administration personnel, payroll and governanog costs which support Ihg charity's prc•arammes and aciiviti8s. The59 Costs hav8 been located been cost of raising funds and expenditure on charitable a¢twiti¢s. The basi8 on which support costs have been all¢xated aro sel out in not8 4. 1.7 Funds sttrn The gengral fund coffyises Ihos¢ monie$. whh may b8 used toward m88lng the charitable obh8ctiV05 01 the company at the dlstxetion of th8 Exgcuttve Commlttae. The d8signated funds are nw)nie5 set aside OLrt of general funds and designated lor Specif purw)ses by thè ExecutN8 Comrnitt8e. The restrf¢l8d funds ar8 mDni85 raised for, and their use res1r1ct io, a spedfic purpose or donations subie¢l to donor-imposed condition$. 1.8 Tonglble fIX assets and deprgrlatlon Tangible lixgd assgts are stsled al cost less deplati(. The cost of minor additions or those costing less than £1.000 are not wlalised. D$w•ciation is provKled ai raies ¢Jculated to write off the cost or valuation of fixed assets, less their ¢Slimated iesi4ual value. over thèir èxpected usetul lives on the following bas8s- Gomwler Equipmènt - 33.33% on c051 1.9 Dobtorn Trade and other debtors are recognisad at the ement arnount du8 after any trade discount offer. Propayments ar8 valu8d at the amount propaKI of any trade dIscntS due. 1.10 Cash •1 b*nk and In hand Cash at bank and in hand IrdeS cash and short-lerm cash dèwsits. The r?t8$ fomi part of Ih8s8 linancid statements Page 17
E4CHAN E ENGLAND LIMITED nl-con Notes I 1.11 Credltom and provlslon• Creditors and provisions arg recognised where the charity has a present obligation rgsutting from a past gvenl that will probably result in th8 transler of funds to a third paty and the amount due lo settle th8 obligation can be measurgd or estimated reliably. Creditors ar¥J provisions aro normally recognis8d at Ihèii settlement amount after all¢)wlna lor any tradg dis¢ounl8 due. 1.12 Taxatlon Th8 Charlty is a regislerod chartty and. Ih8rolor8, 1$ not liable lor IrKom8 Tax or Corpoiatw Tax on income derived from ils charitabl8 a¢tivili8s, as Il falls wlthln the varlous exemption5 available to regist8r8d charities. 1.13 P¢n$kn eo818 Contributions are charged 10 the Statement ol FIDan¢ial A¢tivili98 in the peri¢J(l in whkh Ihoy are payablo. The as9els ol Ihg dolined contribution sch8mes arn hekl separately from those ol the company in independently adminSslared funds. 1.14 Judgom•nl and k•y •¢urM• of lm•¢10n une•rtalnty In th& ap1¢allon of the company's a¢¢ounling policies. the charlty L8 required to make judgments, eslimales and assumptions about the carrying amount ot assets and IlabS1ilies that are not readily apparent from oth8r 50urc88. The eslimaiès and assodalgd assurnplions e based on hislorical experiencè and other factor8 Ihal arg ¢onskd8red lo b9 r8tevanl. A¢lual regulls may diffèr Itom the88 estimates. The 9slimaiès and und8tySng 3ssumplion8 aro revlewed on an ongolng bas18. Revlslons 10 accounting 9stim8les are rocognised in thg nDd in which the gslimaie is revised where rovislon affects only th81 rIod, or in thè pèrbod of the revlslon aTrJ luluTO porlods where thè rèvl8h)n affeKts both current and lulure periods. Tho notes lorm part of these flnancial stal¢mgnts Page 17
VOICE4CHANGE ENGL4ND LIMITED to th Fina1 Staiem nl- ntin For hey DONATIONS Funds 2022 Association of Chief Executi¥es ol Voluntary Organisations Race On the Agenda The Paragit8r Trust School ol SrKial Entrepreneurs Carne3e Trust The John Ellerman Foundatic The Indiw Tnjst National Lottery CoMMrtY FLrtI (Pathway) Comic Rglief Groundwork LorKlon IGLA) Mind Sporl England The Horne Office Windrush Community Furnl Donations & Other I1orne Match Trading The Joseph Rowntree Relorm Tr1 BarTOW Cadbury Tnjsl Paul Hamlyn (3.387) 48.322 13.38n 48.322 13,000 5,WO 30,000 13.CKK) 251.834 251,834 1&5.046 135.046 5.000 14,390 14,3 408.934 338,744 125.574 518,112 51 490 10,000 45,975 45,675 35,000 20.000 20.000 20,000 125.574 51 10.CKXI 45.975 35.000 The Voluary incoff in 2022-23, 10t9 £1.139.738. ¢wt ol which. £991,641 were attn"buted to restricled lur¥Js aThJ £148,097 were attribjted to unrestrKtod funds. CHARrrABLE AGrivmES COSTS R•laing Charitabl• Fund$ Aclivlty 2023 2022 Direct staff $ts communicab.on and IT cosls Grants aml Charilable Donations Pa*J Professional gxpen5es Prémises and eqUilent costs Other direct costs Support costs (Nole 4 Govern& costs (Note 41 380.965 11,321 539.591 202.143 lo,8) 380.965 11.321 539.591 202,143 10.8tx) 411,894 23.912 744.782 77.619 10,8 14.678 41.888 5.946 31,929 3.012 31,929 3.012 Total 1 179 761 31 Of the £1,179,761 •xpeNJituie in 202312022 - £1.331.5191. £139.449 was chaTg8d to unrestricted fund12022- £132.3141 and £1.040.312 to resid fulS (2022- £1.1992051 Ptyè 18
vo HA E ENGLAND LIMITED the Finawal Statement- Continu SUPPORT COSTS The chaiity initidly Klentrfies the costs of its suFwrt func)nS. It thon identifS those costs which relate lo Ihe gOvernae fijnthn. Govgmance costs ar¥J otlEr SUPFQrt costs are apportioned sgparalely b8tsve8n the charty's key 1vitS undertaken (see notè 31 in the year. All the general supp)rt and govgmance costs have been a4wtiornd to the various Char[tab activItS basod on staff time allocated to each actNity. Function 2022 General office staff o)sts Prol8ssional expenses Communications and IT costs Miscellaneous ex[seS Insurance other office expenses Audit 8 ACCntS lees Depr8ciat 14.176 14,176 403 1.959 205 579 10.824 3,012 3.783 10.779 7,286 2,084 3,666 479 14,201 5,946 3,393 579 10.824 3.012 3.783 Totsl NET INCOhEIEXPENDrruRE) Nèt itme/ (expen(Iture) is stated aller carginty Icredthngl: 2023 2022 Auditors, ramuneralion Dèpfèeiation 3.012 3.783 5,946 3,393 TRUSTEES. REMUNERATION AKI BENEFrrs There no Iruste8s' remuneralion OT oll*r bendlts for Ihe year er¥1 31 March 2023 rKJr for Ihe year endthj 31 March 2022. TRUSTEES. EXPENSES There were no trust9, gxpwws paKI the year gThJgd 31 March 2023 nor for the year ended 31 March 2022. STAFF COSTS Wages aNJ sdarigs So¢ial Security costs Pension costs 346,823 34,142 9.570 377,016 35,287 10.153 Tol 42 390 535 455 One ernOYee reeeNed renwneratton in excess of £60,rAxI thJir4J year. Tr Total 8mploye8 emoluments was £62.422 in the year. The average m1hty rnmbe¢ of petsorts empknyal ty the ch8rity thJriNJ year was 1212022. 111. Ptye 19
ICE4CHAN E ENGLAND LIIAITED to the Financi For the Y&ar End8d TANGIBLE FIXED ASSETS Computèr Equipment Openlng Balance Aildilion during the year Tolal Cost 11,359 Openin9 Balan¢e Chargg lor th8 ygar Totsl Depreciation 4,829 783 As on 31•l IA•reh 2023 As on 3111 March 2022 2,747 DEBTOFIS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Tradè dèbtors Othèr doblors 39,140 76,479 10. CREDrroRS: AMOUNTS FALLIMG DUE wrrHIN ONE YEAR 20¥8 2021 Tradg credrtOl8 Other creditors Siudenl Loan DeductSon P9nsion Account Accruals and d8f6rred income D91erred government grants 1,000 11,870 706 1,496 90,989 12,026 243 1,403 39,782 106 041 11. ANALYSIS OF ASSEfs BETWEEN FUNDS R•8trfded FurKI¥ G•n•rnl Funds Totsl 2023 Tangible Iix8d assgts Nel current assels Non-currenl Liabilty 2.747 118,763 110.833) 2,747 118.763 110.8331 Total 11 Page 20
ICE4CHANGE ENGLAND LIMITED in For the Year En 1M rch2 Analy818 of Nel A9$0t• Bètw•8n Fund#- Previous Yr Restricted FuDds Goneral Funds Totsl 2022 Tangible fixed assets Net cvYr8nl assets 6,530 1,475 6,530 144,170 142,695 Totsl 142 695 Page 20
VOICE Not HANGE ENGLAND LIMITED eFin nl- in nd 12. MOVEMENT IN FUNDS Balanc? al 01.04.2022 Balanc¢ at Ineomo Expendltur• Trnn8l•t 31.03.2023 Rèstrlciod Fund8: Joseph Rownlree Reform Tfust Rac8 on the Aaenda Comic Reliel 6,721 45,975 {3,3871 56,696 4,000 13,387 3,638 13,6381 Th8 John Ellerman Foundation Spon England Association ol cOf Executlves ol Voluntary Organisations Thg Pargrter Tiusl Carnegie Tru81 Th8 Home Office WindNsh Community Fund GrounOrk IGLAI Mal¢h Trading Natlonal Lon8ry Communlly Fund IPalhwayl 8arrow Cadbury Trust Paul Hamlyn 30.000 408,934 14,590 408,934 15,411 1.916 1,374 48.322 542 48,3f2 5,000 125,574 5.0 13781 108.571 234,520 14.390 10.000 251.834 14,390 10,000 202,839 48,995 5.950 15,900 35,000 20,000 15.1S4 13,049 22,851 Tot•1 r••trlcl•d fund• 14 G9neral Funds 8.004 51 3,381 {4.OCiII 674 School ol Social Enlrgpreneurs Comic Relief 13.000 135.046 13,000 123.069 3,838 15,615 Totsl Unr••trlctgd Fund 14 Totsl 1& RELATED DISCLOSUAES Within other debtors Is an amount duo to thè charbty of £15.615 whi¢h was pahl In error lo a Iruslee. This was repaid after thè yèar-ènd. 14. SHARE CAPITAL The company limited by guarantee and does not havè a Share capital divided by shares. Page 21