Company registration number: 07232206 Charity registration number: 1140782
## Bassetlaw Community and Voluntary Service
known as
BCVS
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 31 March 2022
Community Accounting Plus Units 1 and 2 North West 41 Talbot Street Nottingham NG1 5GL
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9 to 10|
|Balance Sheet|11|
|Statement of Cash Flows|12|
|Notes to the Financial Statements|13 to 25|
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Reference and Administrative Details**
**Trustees** Fran Walker, Chair Fr Nicolas Spicer, Vice Chair Scott Shaw, Treasurer Greg Herdman Derek Wilkinson Josephine Millar Elizabeth Prime **Senior Management Team** Andria Birch, Chief Executive Officer, from 08/09/2021 Julie Barnes, Social Prescribing Manager Monika Rodzos, Finance Manager Rebecca Law, Service Manager Catherine Burn, Chief Executive Officer, until 09/05/2021
**Charity Registration Number** 1140782 **Company Registration Number** 07232206 **Principal Office** The Old Abbey School Priorswell Road Worksop Notts S80 2BU **Independent Examiner** John O'Brien, employee of Community Accounting Plus Units 1 and 2 North West 41 Talbot Street Nottingham NG1 5GL **Bankers** Unity Trust Bank plc Four Brindleyplace Birmingham B1 2JB
Page 1
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2022.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Fran Walker, Chair Fr Nicolas Spicer, Vice Chair Scott Shaw, Treasurer (appointed 1 July 2022) Greg Herdman Derek Wilkinson Josephine Millar Elizabeth Prime (appointed 1 July 2022) Barrie Spencer (resigned 26 November 2021) David Chaplin (resigned 7 July 2021) Marzena Karp-Singh (appointed 9 September 2021, resigned 17 May 2022)
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 22 April 2010. It has no share capital and the liability of each member in the event of winding-up is limited to £10.
## _**Recruitment and appointment of trustees**_
Under the requirements of the Memorandum and Articles of Association at each General Meeting, one third of the members of the Board, being those longest serving, shall retire, but shall be eligible for reappointment.
From time to time the existing trustees need to review the skills, experience and knowledge of the Committee, and this informs the appointment of new trustees.
The procedures to do this are:
• Identification by Members of the Committee of suitable candidates (i.e. their skills, experience, knowledge of the work and local community issues) via networks, and network organisations;
• Senior Managers discuss the vacancy opportunity with potential candidates & outline the nature of the organisation and its work;
• Interested candidates are invited to complete an application form and meet existing Members of the Committee at a Trustee meeting;
• Job Description / roles and responsibilities are discussed and agreed, and subject to agreement by Members of the Committee, interested and approved candidates are invited to join the Committee.
Page 2
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
## **Objectives and activities**
## _**Objects and aims**_
The principal objects of the charity are:
• To promote any charitable purpose for the benefit of the community in Nottinghamshire and surrounding areas and in particular, the advancement of education, furtherance of health, and the relief of poverty, distress and sickness, and;
• To promote and organise co-operation in the achievement of the above purposes and to that end to bring together representatives of statutory authorities and voluntary organisations engaged in the furtherance of the above purposes within the area of benefit.
## _**Public benefit**_
The range of community initiatives supported to achieve the objectives of the BCVS is numerous, but the main areas cover:
• Resource advice (financial, strategic, governance, equipment, hire of rooms and facilities) with positive, long term outcomes;
• A range of networking events highlighting new opportunities and challenges (Bassetlaw and Bolsover);
• Delivery of the Social Prescribing Link Worker Service, on behalf of all the 3 Primary Care Networks in Bassetlaw;
- Delivery of the Community Responders contract in Bassetlaw;
- Provision of a Dementia Advisor across Bassetlaw;
- Active support of new and existing community developments (Bassetlaw and Bolsover);
• An extensive communications/information function to relevant statutory, voluntary and business interests (Bassetlaw and Bolsover);
- The support and development of volunteering (Bassetlaw and Bolsover);
• Administrative and financial support to voluntary and community organisation (Bassetlaw and Bolsover);
• Management of the Old Abbey School and Centre for Sport and Learning community resource centre in Worksop;
• Represent the interests of third sector organisations enabling them to contribute to/influence public policy, strategy and planning (Bassetlaw and Bolsover).
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 3
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
## **Achievements and performance**
This year has been another successful and significant year for BCVS and the groups and people it exists to support as we continued to navigate the pandemic.
COVID-19 remains with us, however due to the hard work of BCVS staff and Trustees much business as usual was able to resume this year with multiple strands of work developed to support our communities on the journey towards recovery.
May 2021 saw the departure of our previous CEO, Catherine Burn, and following recruitment we welcomed our new CEO, Andria Birch, in September.
Work started in October 2021 on development of the new BCVS strategy 2022-2025 #WorkingTogether and involved all staff and trustees. #WorkingTogether will ensure our BCVS Values remain front and centre of all the work we will do going forward to develop and grow BCVS and the VCSE sector.
Our aim was to ensure the BCVS vision, mission and values, with our commitment to Sustainability, Inclusion, Diversity and Equity (SIDE) and Health and Wellbeing, are more visible and understood by all BCVS stakeholders. This work fed into our brand refresh and has informed the BCVS strategic goals for 2022 to 2025 to ensure maximum impact of the work of BCVS moving forwards.
[The strategy was successfully launched with our new brand for Bassetlaw CVS and Bolsover CVS early in the new financial year 22/23].
The ‘Voice’ work of infrastructure organisations is often least visible but of critical importance to the health of the VCSE sector. The BCVS definition of ‘Voice’ is ‘Listening to and sharing the voices of groups, and all people connected with them, to influence and shape policy, funding, services and communities’. To this end, BCVS colleagues organise and attend hundreds of meetings each year across Bassetlaw and Bolsover to ensure that we feed in the needs and voices of the diverse communities that we serve in order to influence system development and affect positive change for our sector.
Whilst also developing above, BCVS has continued to lead and support a wide range of programmes with 23 service areas and projects in operation in 2021/22 including: Establishment of the Bassetlaw Food Insecurity Network; ongoing coordination of the system leading Social Prescribing Link Workers for Bassetlaw; successfully securing funding from the Arts Council England for the POV project, leading a partnership of 9 VCSE organisations seeking to amplify the voices of young people and create volunteering opportunities that meet their needs; ongoing support for recruitment and coordination of volunteer COVID-19 marshals to support local vaccination programmes; wider brokerage of volunteering opportunities for local residents, ongoing VCSE group development support; a successful programme of activities and projects in Bolsover to re-establish VCSE infrastructure support for Volunteers, Groups and Voice, and leading and facilitation of the Nottinghamshire wide Tackling Loneliness Collaborative.
A spotlight on a selection of these projects and service areas is included within our extended Annual Report as a separate and more detailed publication for 21/22.
My thanks as always goes to the staff team and all trustees for their dedication throughout the year, and to our funders and partners for their ongoing support. We look forward to building on these very positive foundations in 22/23.
## **Financial review**
## _**Policy on reserves**_
The BCVS Trustees policy on reserves is that free reserves have been set as a minimum of 9 months of operating costs.
Page 4
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
## _**Principal risks and uncertainties**_
## _Grant Aid_
BCVS receives grant aid from Nottinghamshire County Council, Bassetlaw District Council, Bassetlaw Clinical Commissioning Group and holds contracts for service delivery with Bolsover District Council, Derby and Derbyshire Clinical Commissioning Group and Bassetlaw Clinical Commissioning Group.
Two significant risks to BCVS are further reductions in Grant Aid for core infrastructure support in addition to the changing landscape of Integrated Care System (ICS) development and funding including the movement of Bassetlaw into the Nottinghamshire ICS footprint.
BCVS is a well-respected organisation which is responsive, dynamic and achieves positive outcomes for the groups and people it supports. BCVS continues to work hard and creatively to generate new sources of sustainable income, to ensure all activities have a sound financial basis. We will continue to document and increase awareness of the impact of our work to mitigate these risks.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
During the next financial year, 2022 to 2023, BCVS Trustees will be making financial investment into the following areas:
• IT infrastructure and data management system development to support the growth and development of BCVS
• An office base in the Bolsover District to increase visibility and access for Bolsover CVS groups and service users
- Continuous Professional Development of staff, trustees and volunteers
- A brand refresh and increased focus on communicating the impact of what we do
Page 5
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
## **Funds held as custodian trustee on behalf of others**
The BCVS held and managed funds for a number of other community groups, and these are as follows:
Public Health Fund St Giles Church Worksop Civic Society Community Garden Play Days Youth Funds Friends of Worksop Station Sandy Lane Funds Big Local Men in Sheds Flood appeal Big Local Creswell Lloyds small grant PCC – Vulnerability Fund Small Grant Sport England – We Are Undefeatable ACT 435 grants Rufford Avenue Allotment CCG Suicide Prevention
Movements in these funds are detailed in the notes in the accounts.
Page 6
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Bassetlaw Community and Voluntary Service for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Fran Walker Trustee
Page 7
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Independent Examiner's Report to the trustees of Bassetlaw Community and Voluntary Service**
## **Independent examiner’s report to the trustees of Bassetlaw Community and Voluntary Service ('the Company')**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
John O'Brien, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 and 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:.............................
Page 8
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net (expenditure)/income
Transfers between funds
**Other recognised gains and losses**
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**funds**
**£**
24,408
27,547
2,249
54,204
(73,940)
(73,940)
(19,736)
2,847
(16,889)
583,600
566,711|**Restricted**
**funds**
**£**
-
931,203
-
931,203
(723,260)
(723,260)
207,943
(2,847)
205,096
516,722
721,818|**Total**
**2022**
**£**
24,408
958,750
2,249
985,407
(797,200)
(797,200)
188,207
-
188,207
1,100,322
1,288,529|**Total**
**2021**
**£**
127,552
812,228
1,975|
|---|---|---|---|---|
|||||941,755|
|||||(577,452)|
|||||(577,452)|
|||||364,303
-|
|||||364,303
736,019|
|||||1,100,322|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 19. £188,207 Net income represents restricted funds carried over to year 2022/23.
The notes on pages 13 to 25 form an integral part of these financial statements. Page 9
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
## **These are the figures for the previous accounting period and are included for comparative purposes**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**funds**
**£**
127,552
47,885
1,975
177,412
(77,815)
(77,815)
99,597
99,597
484,003
583,600|**Restricted**
**funds**
**£**
-
764,343
-
764,343
(499,637)
(499,637)
264,706
264,706
252,016
516,722|**Total**
**2021**
**£**
127,552
812,228
1,975|
|---|---|---|---|
||||941,755|
||||(577,452)|
||||(577,452)|
||||364,303|
||||364,303
736,019|
||||1,100,322|
The notes on pages 13 to 25 form an integral part of these financial statements. Page 10
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **(Registration number: 07232206) Balance Sheet as at 31 March 2022**
|**Note**
**Fixed assets**
Tangible assets
13
**Current assets**
Debtors
14
Cash at bank and in hand
15
**Creditors: Amounts falling due within one year**
16
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
19
**Unrestricted income funds**
Unrestricted funds
**Total funds**
19|**2022**
**£**
19,414
60,568
1,475,587
1,536,155
(267,040)
1,269,115
1,288,529
721,818
566,711
1,288,529|**2021**
**£**
22,333
93,926
1,000,559|
|---|---|---|
|||1,094,485
(16,496)|
|||1,077,989|
|||1,100,322|
|||516,722
583,600|
|||1,100,322|
For the financial year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 9 to 25 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Scott Shaw Trustee
The notes on pages 13 to 25 form an integral part of these financial statements. Page 11
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Statement of Cash Flows for the Year Ended 31 March 2022**
|**Note**
**Cash flows from operating activities**
Net cash income
**Adjustments to cash flows from non-cash items**
Depreciation
Investment income
5
**Working capital adjustments**
Decrease/(increase) in debtors
14
Increase/(decrease) in creditors
16
Increase in deferred income
16
Net cash flows from operating activities
**Cash flows from investing activities**
Interest receivable and similar income
5
Purchase of tangible fixed assets
13
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
**Reconciliation of net cash flow to movement in net funds**
Increase in cash
Net funds at 1 April 2021
Net funds at 31 March 2022|**2022**
**£**
188,207
7,761
(2,249)
193,719
33,358
12,222
238,322
477,621
2,249
(4,842)
(2,593)
475,028
1,000,559
1,475,587
475,028
1,000,559
1,475,587|**2021**
**£**
364,303
6,723
(1,975)|
|---|---|---|
|||369,051
(62,669)
(331)
-|
|||306,051|
|||1,975
(8,610)|
|||(6,635)|
|||299,416
701,143|
|||1,000,559|
|||299,416
701,143|
|||1,000,559|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 13 to 25 form an integral part of these financial statements. Page 12
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Bassetlaw Community and Voluntary Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Deferred income**_
Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:
- The donor specifies that the grant or donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Page 13
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Leasehold improvements over the remaining life of the lease IT equipment 33.3% straight line General equipment 20.0% straight line
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Page 14
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
## **2 Income from donations and legacies**
|Grants, including capital grants;
Government grants
Grants from other charities
Grants from companies
Other income from donations and legacies|**Unrestricted**
**funds**
**General**
**£**
14,821
9,313
-
274
24,408|**Total**
**2022**
**£**
14,821
9,313
-
274
24,408|**Total**
**2021**
**£**
115,746
9,100
2,500
206|
|---|---|---|---|
||||127,552|
Page 15
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **3 Income from charitable activities**
|Grants
Management fees & recharges
Room hire & refreshments
Rental income
Sundry income|**Unrestricted**
**funds**
**General**
**£**
-
24,942
530
2,075
-
27,547|**Restricted**
**funds**
**£**
931,203
-
-
-
-
931,203|**Total**
**2022**
**£**
931,203
24,942
530
2,075
-
958,750|**Total**
**2021**
**£**
764,343
43,480
4,254
-
151|
|---|---|---|---|---|
|||||812,228|
## **4 Grants & donations**
|Bassetlaw District Council
Bolsover District Council
Community Action Derby
Derbyshire County Council
Foundation Derbyshire
HMRC JRS
Larwood Health Partnership
NAVCA
Newgate Medical Centre
NHS Bassetlaw CCG
NHS Derby & Derbyshire CCG
NHS Sheffield CCG
Notts County Council
Retford & Villages PCN
RNN Group
South Derbyshire CVS
South Yorkshire Community Foundation
Sport Englad
Tuxford Medical Centre
Sundry donations
Voluntary Action Rotherham|**Unrestricted**
**funds**
**£**
-
-
1,000
-
-
486
-
4,480
-
-
-
750
13,584
-
500
-
1,667
-
-
274
1,667
24,408|**Restricted**
**funds**
**£**
184,400
62,913
-
103,111
6,880
-
60,724
-
30,826
278,000
13,567
37,003
31,328
2,000
-
18,786
-
55,190
46,452
23
-
931,203|**Total**
**£**
184,400
62,913
1,000
103,111
6,880
486
60,724
4,480
30,826
278,000
13,567
37,753
44,912
2,000
500
18,786
1,667
55,190
46,452
297
1,667|
|---|---|---|---|
||||955,611|
Page 16
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **5 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**General**
**£**
2,249|**Total**
**2022**
**£**
2,249|**Total**
**2021**
**£**
1,975|
|---|---|---|---|
## **6 Expenditure on charitable activities**
|Bank charges
Stationery & postage
Cleaning
Communications
Computer & consumables
Depreciation
Equipment
Food hub
Insurances
Hospitality
Premises maintenance
Other expenses
Photocopying & printing
Professional fees
Publications & publicity
Rental expenses
Salaries, NI & pension
Service delivery
Staff training
Subscriptions
Travel expenses
Utilities
Volunteering support
Home working expenses
Grant transfer
Grant repayment|**Unrestricted**
**funds**
**General**
**£**
325
652
2,150
2,195
4,451
6,338
716
-
903
1,275
6,234
720
608
4,074
2,835
-
29,187
-
106
643
356
2,653
-
-
-
7,519
73,940|**Restricted**
**funds**
**£**
-
1,048
-
5,916
20,230
1,423
711
12,022
2,253
719
4,768
10,709
-
18,780
4,589
518
563,072
24,704
1,719
1,559
4,520
2,796
1,204
-
40,000
-
723,260|**Total**
**2022**
**£**
325
1,700
2,150
8,111
24,681
7,761
1,427
12,022
3,156
1,994
11,002
11,429
608
22,854
7,424
518
592,259
24,704
1,825
2,202
4,876
5,449
1,204
-
40,000
7,519
797,200|**Total**
**2021**
**£**
349
964
3,809
6,614
11,641
6,723
2,676
21,230
4,516
459
18,878
1,883
652
6,912
4,696
-
467,229
7,394
60
2,235
1,748
5,174
753
857
-
-|
|---|---|---|---|---|
|||||577,452|
Page 17
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **7 Net incoming/outgoing resources**
Net incoming resources for the year include:
|Depreciation of fixed assets
**8**
**Staff costs**
The aggregate payroll costs were as follows:
**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2022**
**£**
7,761
**2022**
**£**
523,778
38,974
29,507
592,259|**2021**
**£**
6,723|
|---|---|---|
|||**2021**
**£**
407,663
33,045
26,521|
|||467,229|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|Average number of employees|**2022**
**No**
24|**2021**
**No**
22|
|---|---|---|
16 (2021 - 17) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £29,507 (2021 - £26,521).
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £158,940 (2021 - £171,726).
## **9 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **10 Related party transactions**
There were no related party transactions in the year.
Page 18
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **11 Fees payable to independent examiner**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
|Independent examination
Other financial services|**2022**
**£**
1,450
120
1,570|**2021**
**£**
1,400
60|
|---|---|---|
|||1,460|
## **12 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **13 Tangible fixed assets**
|**Cost**
At 1 April 2021
Additions
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
**14 Debtors**
Trade debtors|**Leasehold**
**improvements**
**£**
45,816
-
45,816
30,544
3,054
33,598
12,218
15,272|**General**
**equipment**
**£**
11,825
-||**IT equipment**
**£**
29,162
4,842||**Total**
**£**
86,803
4,842
91,645
64,470
7,761
72,231
19,414
22,333
**2021**
**£**
93,926|
|---|---|---|---|---|---|---|
|||11,825||34,004|||
|||8,885
912||25,041
3,795|||
|||9,797||28,836|||
|||2,028||5,168|||
|||2,940||4,121|||
|||||**2022**
**£**
60,568|||
Page 19
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **15 Cash and cash equivalents**
|Cash on hand
Cash at bank
**16 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Other creditors
Deferred income|**2022**
**£**
267
1,475,320
1,475,587
**2022**
**£**
8,633
12,905
7,180
238,322
267,040|**2021**
**£**
265
1,000,294|
|---|---|---|
|||1,000,559|
|||**2021**
**£**
2,164
8,111
6,221
-|
|||16,496|
## **17 Charity status**
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
## **18 Commitments**
## **Capital commitments**
The charity has one lease for premises at a peppercorn rent until 2026. Any rental income from sub-letting is to be split equally between the charity and the landlord.
Page 20
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **19 Funds**
|**Unrestricted funds**
**_General_**
General
**_Designated_**
Restructuring & redundancy
fund
Capital costs fund
**Total unrestricted funds**
**Restricted funds**
Bassetlaw CCG
BCVS Community
Responders (SP)
Hardship Fund
CCG Dementia Fund
CCG Development (Mental
Scoping)
Derbyshire Infrastructure
Support
CCG Suicide Prevention
Home from Hospital
Link Workers
Bolsover Infrastructure
Support
Notts Covid Fund
DCF Covid Fund
NNSP 18-22
Dementia Advisor (SP)
Volunteering Bolsover
Community Champions
Community Advocates
Bolsover
Derbyshire CCG Living
Well
NCC Recovery Post|**Balance at 1**
**April 2021**
**£**
513,600
50,000
20,000
70,000
583,600
-
199,545
3,782
19,738
87,465
13,352
59,240
-
-
16,005
64,864
4,538
-
43,413
4,780
-
-
-
-|**Incoming**
**resources**
**£**
54,204
-
-
-
54,204
78,000
200,000
2,523
-
-
76,028
-
18,786
137,502
68,980
-
6,880
15,000
-
-
169,400
27,083
7,500
6,553|**Resources**
**expended**
**£**
(73,940)
-
-
-
(73,940)
(78,000)
(140,992)
(2,130)
(4,383)
-
(59,265)
(42,618)
(18,786)
(137,502)
(78,780)
(45,605)
(11,418)
-
(36,542)
-
(20,547)
-
-
-|**Transfers**
**£**
2,847
-
-
-
2,847
-
(1,637)
-
-
-
-
-
-
-
(605)
-
-
-
-
-
-
-
-
-|**Balance at**
**31 March**
**2022**
**£**
496,711
50,000
20,000|
|---|---|---|---|---|---|
||||||70,000|
||||||566,711|
||||||-
256,916
4,175
15,355
87,465
30,115
16,622
-
-
5,600
19,259
-
15,000
6,871
4,780
148,853
27,083
7,500
6,553|
Page 21
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
|SYB Mental Health
NCC Food Insecurity
NCC Tackling Loneliness
WAU Sport England
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2021**
**£**
-
-
-
-
516,722
1,100,322|**Incoming**
**resources**
**£**
37,003
14,151
10,624
55,190
931,203
985,407|**Resources**
**expended**
**£**
-
(4,431)
(6,140)
(36,121)
(723,260)
(797,200)|**Transfers**
**£**
-
-
(605)
-
(2,847)
-|**Balance at**
**31 March**
**2022**
**£**
37,003
9,720
3,879
19,069|
|---|---|---|---|---|---|
||||||721,818|
||||||1,288,529|
The transfers from the Bolsover Infrastructure Support, BCVS Community Responders (SP) and NCC Loneliness funds to the General fund represent the net book value of fixed assets, the use of which is not subject to any restriction.
The specific purposes for which the funds are to be applied are as follows:
Bassetlaw CCG - To deliver high quality, locally accessible and tailored infrastructure support for groups and individuals to support tackling local health inequalities.
CCG Dementia Funds – To support additional dementia-related developments within the community. CCG Development – Mental health scoping and developing infrastructure.
CCG Suicide Prevention - Communication/promotions and second roll out of small grants scheme. BCVS Community Responders - To support identification and delivery of interventions that tackle local health inequalities whilst maximising value for money and ensuring we maintain focus on longer term financial sustainability.
Bolsover Infrastructure Support – Voluntary and Community Sector Infrastructure Support and signposting. Derbyshire Infrastructure Support – Local infrastructure support, volunteer brokerage. Hardship Fund – Funds to support volunteer expenses.
Home from Hospital – Short term practical support for vulnerable people who are leaving hospital. DCF Covid fund - Community development work as part of the agreed COVID-19 After Shock delivery plan, with an emphasis on hard to reach communities.
Notts Covid Fund – To support the Emergency Humanitarian Response across Bassetlaw. Link Workers – Hosting of the PCN Social Prescribing Link Workers.
NNSP 18-22 – Information Partnership to support vulnerable people in Bassetlaw. Dementia Advisor – Nottinghamshire County Council (Better Care Funding) to support people living with dementia as well as their carers/families by providing advice and signposting to local organisations. Volunteering Bolsover – Funds to support volunteer expenses across Derbyshire.
Community Champions – Research and engagement of minority ethnic communities through the community champion model.
Community Advocates Bolsover – To further develop a Community Advocate Project across Bolsover. Derbyshire CCG Living Well – Lived experience and co-design.
NCC Recovery Post – Eastern European and minority ethnic group development. SYB Mental Health – Learning on prescription pilot.
NCC Food Insecurity – Bassetlaw Food Insecurity network coordination.
NCC Tackling Loneliness – Tackling loneliness collaborative coordination.
WAU Sport England – enabling people with long term health condition to address barriers to physical activity and affect system change.
Page 22
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
_These are the figures for the previous accounting period and are included for comparative purposes_
|**Unrestricted funds**
**_General_**
General
**_Designated_**
Restructuring & redundancy fund
Capital costs fund
**Total unrestricted funds**
**Restricted**
Bassetlaw CCG
BCVS Community Responders
(SP)
Hardship Fund
CCG Dementia Fund
CCG Development (Mental
Scoping)
Derbyshire Infrastructure Support
CCG Suicide Prevention
Home from Hospital
Link Workers
Lloyds small grants funds
Bolsover Infrastructure Support
Notts Covid Fund
DCF Covid Fund
NNSP 18-22
Dementia Advisor (SP)
Volunteering Bolsover
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2020**
**£**
414,003
50,000
20,000
70,000
484,003
-
114,081
3,782
-
86,864
-
17,880
-
-
-
29,409
-
-
-
-
-
252,016
736,019|**Incoming**
**resources**
**£**
177,412
-
-
-
177,412
79,800
200,000
-
19,738
20,040
20,750
47,000
18,747
92,266
2,270
67,336
115,398
11,998
20,000
44,000
5,000
764,343
941,755|**Resources**
**expended**
**£**
(77,815)
-
-
-
(77,815)
(79,800)
(114,536)
-
-
(19,439)
(7,398)
(5,640)
(18,747)
(92,266)
(2,270)
(80,740)
(50,534)
(7,460)
(20,000)
(587)
(220)
(499,637)
(577,452)|**Balance at 31**
**March 2021**
**£**
513,600
50,000
20,000|
|---|---|---|---|---|
|||||70,000|
|||||583,600|
|||||-
199,545
3,782
19,738
87,465
13,352
59,240
-
-
-
16,005
64,864
4,538
-
43,413
4,780|
|||||516,722|
|||||1,100,322|
Page 23
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **20 Analysis of net assets between funds**
## **Unrestricted**
||**Unrestricted**|||
|---|---|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**General**
**£**
**Designated**
**£**
19,414
-
506,015
70,000
(28,718)
-
496,711
70,000
**Unrestricted**
**General**
**£**
**Designated**
**£**
22,333
-
507,763
70,000
(16,496)
-
513,600
70,000|**Restricted**
**£**
-
960,140
(238,322)
721,818
**Restricted**
**£**
-
516,722
-
516,722|**2022**
**Total funds**
**£**
19,414
1,536,155
(267,040)|
||||1,288,529|
||||**2021**
**Total funds**
**£**
22,333
1,094,485
(16,496)|
||||1,100,322|
Page 24
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **21 3rd Party Funds**
|**21 3rd Party Funds**|||||
|---|---|---|---|---|
|Public Health Fund
St Giles Church
Worksop Civic Society
Community Garden
Play Days
Youth Funds
Friends of Worksop Station
Sandy Lane Funds
Men in Sheds
ACT 435 grants
Big Local Creswell
CCG Suicide Prevention
Rufford Avenue Allotment
We Are Undefeatable
PCC Vulnerability Small Grants
Fund
Bolsover Small Grants (Lloyds)
Fund|**Opening**
**balance**
**£**
2,081
2,285
403
66
1,077
1,492
2,489
10,535
150
-
34,346
-
-
15,461
7,000
12,000
89,385|**Incoming**
**resources**
**£**
-
1,700
-
8,451
-
-
240
-
-
3,837
201,594
40,000
1,950
-
9,000
-
266,772|**Resources**
**expended**
**£**
(2,081)
(48)
-
(3,583)
-
(120)
(234)
-
(150)
(3,694)
(197,081)
(23,630)
(1,519)
(13,993)
(15,000)
(10,992)
(272,125)|**Closing**
**balance**
**£**
-
3,937
403
4,934
1,077
1,372
2,495
10,535
-
143
38,859
16,370
431
1,468
1,000
1,008|
|||||84,032|
Page 25