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 2023
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 27|
## **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 Josephine Millar Elizabeth Prime Margaret Fowkes **Senior Management Team** Andria Birch, Chief Executive Officer Monika Rodzos, Head of Finance Rebecca Law, Head of Service Julie Barnes, Business Development and Compliance Manager, until 20/05/2023 Stephen Morris, Head of Bolsover, from 22/08/2022 Stephen Knott, Head of Business Development, from 01/07/2023
**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 2023.
## **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 Josephine Millar Elizabeth Prime (appointed 1 July 2022) Margaret Fowkes (appointed 15 September 2023) Derek Wilkinson (resigned 3 December 2022) Marzena Karp-Singh (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 support (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 Link Worker 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 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.
## **Achievements and performance**
I am delighted to introduce our annual report for 2022/23 which illustrates some of hard work and many successes of BCVS this year.
The year has been busy and at times challenging. From our communities continuing to recover from the pandemic, welcoming Ukrainian guests to the area, to supporting coordination of the cost of living response for local groups and people. BCVS and the wider Voluntary and Community sector has worked tirelessly to ensure that we continued to provide the best support possible for local people throughout the year.
Celebrating our 50th Anniversary this year, I have seen many changes over the years, and have been proud and privileged to have been involved for all 50 of these years.
Page 3
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
I have seen BCVS grow far beyond its initial establishment, to become a highly respected and trusted organisation in Bassetlaw, and now Bolsover, with reaches into local, regional and national areas.
Established in 1973 as the infrastructure support organisation for Bassetlaw, BCVS was originally known as Bassetlaw Council for Voluntary Service. In 1973 BCVS was based in the Priory Gatehouse on Priorswell Road, Worksop. After this, we spent some time at an office on Park Street, Worksop and briefly an office in Retford. We then moved to our current location on Priorswell Road in 2012 in addition to opening a new office in Bolsover in 2022. Work has started in our 50th anniversary year to document and preserve this heritage and history.
In July 2022 we launched our new BCVS strategy 2022-2025 ‘#Working Together’ which was co-developed with all staff, trustees and key stakeholders.
The BCVS values of ‘Integrity, Inclusion and Collaboration, & Innovation and Learning’ alongside our mission to ‘Support development of a sustainable, inclusive and healthy VCSE sector for Bassetlaw and Bolsover’ have been front and centre in all work we have been doing throughout 2022/23 and will continue to inform and focus our work moving forwards.
We know through working together across our sector, and with the wider excellent partnerships we have with the public and private sector, that we continue to make a positive difference to the groups and people that we support.
Our strategy acts as both our roadmap and compass to navigate challenging times and ensure that we continue to deliver our mission for those we are here to serve and support.
Sustainability, Inclusion, Diversity and Equity (SIDE) and Health and Wellbeing have been increasingly visible and developed throughout all our work this year and have been championed by staff and trustees across our organisation. This work also fed into development and launch of our new brand for Bassetlaw CVS and Bolsover CVS in July 2022 and a special 50th version of our branding for our anniversary year.
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. This enables BCVS to amplify the needs and voices of the diverse communities that we serve in order to influence system development and affect positive change for our sector.
BCVS has continued to lead and support a wide range of programmes with over 20 service areas and projects in operation in 2022/23 including:
Coordination of the Bassetlaw Food Insecurity Network;
Ongoing coordination of the system leading Social Prescribing Link Workers for Bassetlaw;
Successful delivery of year one of the POV project with funding from the Arts Council England;
Coordination of volunteer COVID-19 marshalls to support local vaccination programmes;
Wider brokerage of volunteering opportunities for local residents and ongoing VCSE group development support; a successful programme of activities;
Leading and facilitation of the Nottinghamshire wide Tackling Loneliness Collaborative;
Page 4
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Trustees' Report**
And, a range of projects in Bassetlaw and Bolsover to provide VCSE infrastructure support for VCSE Groups, People and Voice.
A spotlight on a selection of these projects and service areas is included within an extended Annual Report as a separate and more detailed publication for 22/23.
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 23/24 and beyond.
## **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.
## _**Principal risks and uncertainties**_
## _Grant Aid_
BCVS receives grant aid or contract funding from Nottinghamshire County Council, Bassetlaw District Council, NNICB and Bassetlaw Place Based Partnership and holds contracts for service delivery with Bolsover District Council, Derby and Derbyshire ICB/JUCD.
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 impact of 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, 2023 to 2024, BCVS Trustees will be making financial investment into the following areas:
IT infrastructure and data management system development.
Supporting the running of office base in the Bolsover District to increase visibility and access for Bolsover CVS groups and service users.
A skills survey and continuous Professional Development of staff, trustees and volunteers. Development of a Community Grants Programme in Bassetlaw and Bolsover. Undertaking VCQA (Volunteer Centre Quality Assurance) accreditation.
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:
St Giles Church Worksop Civic Society Community Garden Play Days Youth Funds Friends of Worksop Station Sandy Lane Funds Big Local 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 Clown Kitchen Friends of West Lea TLC Retford Rotary
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 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". 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 the incoming resources and application of resources, including its income and expenditure, of the charitable company 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 accounting standards, comprising FRS 102 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 proper accounting records that can 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **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 .....1/12/23.......... 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 ('the Company')**
## **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 2023.
## **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 2023 (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
**Other recognised gains and losses**
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**funds**
**£**
19,615
57,399
2,562
79,576
(41,468)
(41,468)
38,108
566,711
604,819|**Restricted**
**funds**
**£**
-
874,102
-
874,102
(918,764)
(918,764)
(44,662)
721,818
677,156|**Total**
**2023**
**£**
19,615
931,501
2,562
953,678
(960,232)
(960,232)
(6,554)
1,288,529
1,281,975|**Total**
**2022**
**£**
24,408
958,750
2,249|
|---|---|---|---|---|
|||||985,407|
|||||(797,200)|
|||||(797,200)|
|||||188,207
1,100,322|
|||||1,288,529|
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.
The notes on pages 13 to 27 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 2023 (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 (expenditure)/income
Transfers between funds
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|
The notes on pages 13 to 27 form an integral part of these financial statements. Page 10
Buqetlaw Community aDd Voluntary Service
known as BCVS
(Registrallon number 07232206)
Balance Sheet as at 31 March 2023
2023
2•22
•)¢e
Tan8ible
13
14.767
19,414
C¥rrellt thets
tkbtors
Cash at bBnk and in hand
14
15
107.347
.285.672
60.568
1,475,587
.393,019
1,536.155
Cr¢dl¢oTJ: Anmnts l*lllng dwe wlthlu otte ye*r
16
125.811
267,040)
Net ¢wrrt*t u•ets
1.2672
1.269.115
1.281.975
1.288,529
Fu*d• orth* ¢h•rlty:
Re•trl¢t¢d
Restrict¢d fid5
19
677.156
721.818
U#restrleted ITh¢oAX f4•ds
(AM.819
566,711
19
1,281.975
1.288,529
For the fina141 yaT endin8 31 M 2023 the thKity entided to ex¢mOirn from secti 477
of the CLKnpnies Acl 2( relating th xnall ct5 acknowkdge their r¢sr1b11Itie% for c(ryl)In8 with the Tequirernfflts of the Act with respect
¢0 a¢countin8 records and the prcparation of ¥coutts.
IJ. artd sigti on their by..
Scott Shaw
TnL8tee
The notes OD Be5 13 27 (( an inwl of thtse financial statwents.
Pagell
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Statement of Cash Flows for the Year Ended 31 March 2023**
|**Note**
**Cash flows from operating activities**
Net cash (expenditure)/income
**Adjustments to cash flows from non-cash items**
Depreciation
Investment income
5
**Working capital adjustments**
(Increase)/decrease in debtors
14
Increase in creditors
16
(Decrease)/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 (decrease)/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**
(Decrease)/increase in cash
Net funds at 1 April 2022
Net funds at 31 March 2023|**2023**
**£**
(6,554)
8,647
(2,562)
(469)
(46,779)
12,093
(153,322)
(188,477)
2,562
(4,000)
(1,438)
(189,915)
1,475,587
1,285,672
(189,915)
1,475,587
1,285,672|**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|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 13 to 27 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 2023**
## **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 2023**
## _**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 2023**
## **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
Other income from donations and legacies|**Unrestricted**
**funds**
**General**
**£**
500
17,921
1,194
19,615|**Total**
**2023**
**£**
500
17,921
1,194
19,615|**Total**
**2022**
**£**
14,821
9,313
274|
|---|---|---|---|
||||24,408|
Page 15
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **3 Income from charitable activities**
|Grants
Management fees & recharges
Room hire & refreshments
Rental income
Sundry income|**Unrestricted**
**funds**
**General**
**£**
-
51,272
2,725
3,370
32
57,399|**Restricted**
**funds**
**£**
874,102
-
-
-
-
874,102|**Total**
**2023**
**£**
874,102
51,272
2,725
3,370
32
931,501|**Total**
**2022**
**£**
931,203
24,942
530
2,075
-|
|---|---|---|---|---|
|||||958,750|
## **4 Grants & donations**
|Bassetlaw District Council
Bolsover District Council
Arts Council
Derbyshire County Council
Derbyshire Voluntary Action
Nottingham CVS
Larwood Health Partnership
Newgate Medical Centre
Enable Nottingham
NHS Derby & Derbyshire ICS
Notts County Council
Active Partners Trust
RNN Group
South Derbyshire CVS
NHS Nottingham and Nottinghamshire ICB
Bassetlaw CCG
Sport Englad
Tuxford Medical Centre
Sundry grants & donations|**Unrestricted**
**funds**
**£**
-
500
-
-
819
1,000
-
-
13,865
-
-
-
500
-
-
-
1,468
-
1,463
19,615|**Restricted**
**funds**
**£**
15,000
64,154
21,750
41,500
-
-
65,546
36,797
-
18,170
180,455
7,160
-
27,310
216,666
102,884
7,426
66,784
2,500
874,102|**Total**
**£**
15,000
64,654
21,750
41,500
819
1,000
65,546
36,797
13,865
18,170
180,455
7,160
500
27,310
216,666
102,884
8,894
66,784
3,963|
|---|---|---|---|
||||893,717|
Page 16
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **5 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**General**
**£**
2,562|**Total**
**2023**
**£**
2,562|**Total**
**2022**
**£**
2,249|
|---|---|---|---|
## **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
Grant repayment
Volunteering support
Grants made|**Unrestricted**
**funds**
**General**
**£**
339
330
471
698
717
8,647
313
-
-
1,759
2,213
701
823
5,195
748
162
13,877
508
1,457
1,436
122
762
-
190
-
41,468|**Restricted**
**funds**
**£**
-
1,815
1,942
8,338
9,377
-
294
-
4,711
1,948
19,449
153
1,059
19,356
8,106
2,921
741,698
63,846
8,716
3,616
4,452
10,186
-
143
6,638
918,764|**Total**
**2023**
**£**
339
2,145
2,413
9,036
10,094
8,647
607
-
4,711
3,707
21,662
854
1,882
24,551
8,854
3,083
755,575
64,354
10,173
5,052
4,574
10,948
-
333
6,638
960,232|**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
7,519
1,204
40,000|
|---|---|---|---|---|
|||||797,200|
Page 17
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **7 Net incoming/outgoing resources**
Net (outgoing)/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|**2023**
**£**
8,647
**2023**
**£**
668,889
53,779
32,907
755,575|**2022**
**£**
7,761|
|---|---|---|
|||**2022**
**£**
523,778
38,974
29,507|
|||592,259|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|Average number of employees|**2023**
**No**
26|**2022**
**No**
24|
|---|---|---|
18 (2022 - 16) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £32,907 (2022 - £29,507).
The number of employees whose emoluments fell within the following bands was:
|£60,001 - £70,000|**2023**
**No**
1|**2022**
**No**
-|
|---|---|---|
The total employee benefits of the key management personnel of the charity were £223,478 (2022 - £158,940).
Page 18
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **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**
During the year the charity made the following related party transactions:
## **Marzena Karp-Singh**
(During this period, the charity paid £702 (2022 - £nil) to this trustee (during the period as a trustee until 17/05/22) for the provision of specialist services.)
At the balance sheet date the amount due to/from Marzena Karp-Singh was £Nil (2022 - £Nil).
## **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|**2023**
**£**
1,525
120
1,645|**2022**
**£**
1,450
120|
|---|---|---|
|||1,570|
## **12 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 19
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **13 Tangible fixed assets**
|**13 Tangible fixed assets**|||||||
|---|---|---|---|---|---|---|
|**Cost**
At 1 April 2022
Additions
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for the year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022
**14 Debtors**
Trade debtors
Other debtors
**15 Cash and cash equivalents**
Cash on hand
Cash at bank|**Leasehold**
**improvements**
**£**
45,816
-
45,816
33,598
3,055
36,653
9,163
12,218|**General**
**equipment**
**£**
11,825
1,553||**IT equipment**
**£**
34,004
2,447||**Total**
**£**
91,645
4,000
95,645
72,231
8,647
80,878
14,767
19,414
**2022**
**£**
60,568
-|
|||13,378||36,451|||
|||9,797
1,223||28,836
4,369|||
|||11,020||33,205|||
|||2,358||3,246|||
|||2,028||5,168|||
|||||**2023**
**£**
82,472
24,875
107,347
**2023**
**£**
30
1,285,642
1,285,672|||
|||||||60,568|
|||||||**2022**
**£**
267
1,475,320|
|||||||1,475,587|
Page 20
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **16 Creditors: amounts falling due within one year**
|**16 Creditors: amounts falling due within one year**|||
|---|---|---|
|Trade creditors
Other taxation and social security
Other creditors
Deferred income|**2023**
**£**
16,508
12,402
11,901
85,000
125,811|**2022**
**£**
8,633
12,905
7,180
238,322|
|||267,040|
## **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 21
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **19 Funds**
## **Unrestricted funds**
|**Unrestricted funds**
**_General_**
General
**_Designated_**
Restructuring & redundancy fund
Capital costs fund
**Total unrestricted funds**
**Restricted funds**
BCVS Community Responders
(SP)
Volunteer Support
CCG Dementia Fund
Development fund (Mental
Scoping)
Derbyshire Infrastructure Support
CCG Suicide Prevention
Bolsover Infrastructure Support
Notts Covid Fund
NNSP
Dementia Support
Volunteering Bolsover
Community Champions
Community Advocates Bolsover
Derbyshire CCG Living Well
NCC Recovery Post
SYB Mental Health
NCC Food Insecurity
NCC Tackling Loneliness
WAU Sport England
Voices
ICB Discharge
DCCG Vaccination|**Balance at 1**
**April 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
37,003
9,720
3,879
19,069
-
-
-|**Incoming**
**resources**
**£**
79,576
-
-
-
79,576
200,000
2,650
-
-
41,500
-
64,154
-
15,000
-
-
-
-
-
32,765
-
28,302
74,371
7,426
102,884
16,666
12,000|**Resources**
**expended**
**£**
(41,468)
-
-
-
(41,468)
(218,338)
(244)
(1,283)
-
(58,519)
-
(69,754)
(7,965)
-
(6,871)
-
(1,041)
(12,102)
(7,500)
(23,834)
(21,047)
(22,491)
(44,249)
(26,495)
(102,884)
(16,666)
(12,000)|**Balance at 31**
**March 2023**
**£**
534,819
50,000
20,000|
|---|---|---|---|---|
|||||70,000|
|||||604,819|
|||||238,578
6,581
14,072
87,465
13,096
16,622
-
11,294
30,000
-
4,780
147,812
14,981
-
15,484
15,956
15,531
34,001
-
-
-
-|
Page 22
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
|Derbyshire ICB Infrastructure
Home from Hospital
Together fund
LCF NCC
Link Workers
NCC Y Volunteers
POV Volunteers
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2022**
**£**
-
-
-
-
-
-
-
721,818
1,288,529|**Incoming**
**resources**
**£**
6,170
27,310
7,160
27,333
169,128
17,533
21,750
874,102
953,678|**Resources**
**expended**
**£**
(6,170)
(27,310)
(7,160)
(27,333)
(169,128)
(11,533)
(16,847)
(918,764)
(960,232)|**Balance at 31**
**March 2023**
**£**
-
-
-
-
-
6,000
4,903|
|---|---|---|---|---|
|||||677,156|
|||||1,281,975|
Page 23
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
The specific purposes for which the funds are to be applied are as follows:
BCVS Community Responders (SP) - 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.
Volunteer Support - Funds to support volunteer expenses.
CCG Dementia Fund - To support additional dementia-related developments within the community. Development fund (Mental Scoping) - Mental health scoping and developing infrastructure. Derbyshire Infrastructure Support - Local infrastructure support, volunteer brokerage. CCG Suicide Prevention - Communication/promotions and second roll out of small grants scheme. Bolsover Infrastructure - Voluntary and Community Sector Infrastructure Support and signposting. Notts Covid Funds - To support the Emergency Humanitarian Response across Bassetlaw. NNSP - Information Partnership to support vulnerable people in Bassetlaw.
Dementia Support - 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 Champion - 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. Voices - to deliver high quality, locally accessible and tailored infrastructure support for groups and individuals to support tackling local health inequalities.
ICB Discharge - Social Prescriber in Bassetlaw Hospital; Discharge funds.
DCCG Vaccination – Health Inequalities Project in Shirebrook.
Derbyshire ICB Infrastructure - Local infrastructure support, volunteer brokerage.
Home from Hospital - Short term practical support for vulnerable people who are leaving hospital. Together Funds - To enable less active communities to move more in Shirebrook.
LCF NCC -To provide infrastructure support to Nottinghamshire organisations and groups enabling communities to mitigate the impact of the pandemic.
Link Workers - Hosting of the PCN Social Prescribing Link Workers.
NCC Y Volunteers - Developing new volunteer roles for young people in Mansfield and Bassetlaw and create young volunteer led social-media campaigns around volunteering.
POV Volunteers - Point of View Volunteer Voices Project; new models of volunteering through the Arts across the wider VCSE sector.
Page 24
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
_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)
Volunteer Support
CCG Dementia Fund
Development fund (Mental
Scoping)
Derbyshire Infrastructure
Support
CCG Suicide Prevention
Home from Hospital
Link Workers
Bolsover Infrastructure
Support
DCF Covid Fund
Notts Covid Fund
NNSP
Dementia Support
Volunteering Bolsover
Community Champions
Community Advocates
Bolsover
Derbyshire CCG Living
Well
NCC Recovery Post
SYB Mental Health
NCC Food Insecurity|**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
4,538
64,864
-
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
37,003
14,151
Page 25|**Resources**
**expended**
**£**
(73,940)
-
-
-
(73,940)
(78,000)
(140,992)
(2,130)
(4,383)
-
(59,265)
(42,618)
(18,786)
(137,502)
(78,780)
(11,418)
(45,605)
-
(36,542)
-
(20,547)
-
-
-
-
(4,431)|**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
37,003
9,720|
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
||||||||**Balance at**|
|---|---|---|---|---|---|---|---|
||**Balance at 1**|**Incoming**|||**Resources**||**31 March**|
||**April 2021**|**resources**|||**expended**|**Transfers**|**2022**|
||**£**||**£**||**£**|**£**|**£**|
|NCC Tackling Loneliness|-||10,624||(6,140)|(605)|3,879|
|WAU Sport England|-||55,190||(36,121)|-|19,069|
|**Total restricted funds**|516,722|931,203|||(723,260)|(2,847)|721,818|
|**Total funds**|1,100,322|985,407|||(797,200)|-|1,288,529|
|**20 Analysis of net assets between funds**||||||||
|||**Unrestricted**||||||
||||||||**2023**|
||**General**|||**Designated**
**Restricted**|||**Total funds**|
||**£**||||**£**|**£**|**£**|
|Tangible fixed assets||14,767|||-|-|14,767|
|Current assets|560,863||||70,000|762,156|1,393,019|
|Current liabilities|(40,811)||||-|(85,000)|(125,811)|
|Total net assets|534,819||||70,000|677,156|1,281,975|
|||**Unrestricted**||||||
||||||||**2022**|
||**General**|||**Designated**
**Restricted**|||**Total funds**|
||**£**||||**£**|**£**|**£**|
|Tangible fixed assets||19,414|||-|-|19,414|
|Current assets|506,015||||70,000|960,140|1,536,155|
|Current liabilities|(28,718)||||-|(238,322)|(267,040)|
|Total net assets|496,711||||70,000|721,818|1,288,529|
Page 26
## **Bassetlaw Community and Voluntary Service**
## **known as BCVS**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **21 3rd Party Funds**
|**21 3rd Party Funds**|||||
|---|---|---|---|---|
|Clown Kitchen
St Giles Church
Worksop Civic Society
Community Garden
Play Days
Youth Funds
Friends of Worksop Station
Sandy Lane Funds
ACT 435 grants
Big Local Creswell
Friends of West Lea
CCG Suicide Prevention
Rufford Avenue Allotment
We Are Undefeatable
PCC Vulnerability Small Grants
Fund
Bolsover Small Grants (Lloyds)
Fund
TLC
Retford Rotary|**Opening**
**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|**Incoming**
**resources**
**£**
3,458
-
-
120
-
-
1,500
-
1,815
370,514
2,250
-
-
-
-
-
35,000
1,500
416,157|**Resources**
**expended**
**£**
(1,065)
-
-
(566)
-
-
(1,551)
-
(714)
(410,233)
-
(8,000)
(185)
(1,468)
(1,000)
(750)
-
(1,000)
(426,532)|**Closing**
**balance**
**£**
2,393
3,937
403
4,488
1,077
1,372
2,444
10,535
1,244
(860)
2,250
8,370
246
-
-
258
35,000
500|
|||||73,657|
Page 27