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2024-03-31-accounts

Company Number: 07557852 Charity Number: 1141126

For the year ended 31 March 2024

Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 07557852 Charity No. 1141126

(from April 2024)

Ow Bist Forest Community Space Dockham Road Cinderford Gloucestershire GL14 2AN

Formerly, Rheola House, Belle Vue Centre, Belle Vue Road, Cinderford, Gloucestershire GL14 2AB

Rheola House Belle Vue Centre Belle Vue Road Cinderford Gloucestershire GL14 2AB

Directors and Trustees

The directors of the charitable company are its trustees for the purposes of charity law. The following directors and trustees served during the year (there have been no changes ):

Roger Deeks Jonathan Gault (Treasurer) Victoria Head Penelope Hulbert (Chair) Elizabeth Diana Simon Murray Louise Penny Sidney Phelps Susan Pritchard Robert Rhodes Christopher Walker

Company Secretary

Christopher Brown

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Trustees Annual Report

Key Management Personnel

Christopher Brown, CEO

Bankers

CAF Bank Limited

25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Independent Examiner

Christy Lau FCCA CTA DChA Slade & Cooper Limited Beehive Mill Jersey Street Manchester M4 6JG

Included within the trustees’ report is the directors’ report as required by company law.

and 2

–

preparing their accounts in accordance with FRS 102.

OBJECTIVES AND ACTIVITIES

to achieve the purpose of the charity are:

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Trustees Annual Report

Walking with Wheels

Hiring out allthe Forest of Dean woodland trails.

Community Hubs

an ‘open , and to develop with ng for individuals to

Know Your Patch

A fortnightly community forum that brings together voluntary sector groups, statutory services and residents

The s the Children and Young Persons Weight Management Service, running youth clubs in Blakeney, Coleford and Mitcheldean, f Young Mum’s Support Group.

Youth Music

Digi-Hubs

deliveries and accessing NHS services. Due to the success of district in Gloucestershire.

Digital Inclusion Project

My Networks

This includes the establishment of recovery

and wellbeing café / resource hub.

y and Food Programme (HAF/HAP)

-16 during school

holidays. FVAF delivered the programme for the Forest of Dean District, working closely with the Forest Youth 33

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Trustees Annual Report

Sustainable Food Networks

Funding from Forest of District Council enabled FVAF to establish the Forest of Dean Food Network. This followed funding received by Two Rivers Housing to map, develop and join the Forest of Dean.

ESHO (Employment Skills Hub Outreach)

The ESHO Project (which evolved in 2022 from the previous GEM Project) was funded by Gloucestershire County Council and supported people who wanted /training, volunteering or employment. Dedicated FVAF worked alongside people towards this goal providing personalised 1:1 support and

Ow Bist Forest Community Space - O T and have begun to promote and and secured regular hirers including Lloyds Bank (providing a fortnightly community banking service), Wyldwood Arts and the Forest of Dean Primary Care Network, as well as oneand events.

Volunteer Brokerage

appropriate support is in place for both. This includes placing individual volunteers in suitable roles, publishing a volunteer directory,

Strategic Development and Advocacy

Partnership, Health and Wellbeing Strategic Partnership, VCSE Strategic Partnership and the Gloucestershire Gateway Partnership. Here we advocate

voices, skills and capacity are recognised and rewarded in the development of and delivery of services.

, help with the governing documents and policies. Forest Compass directory. During the year, we facilitated a further 70 DBS checks in order to support the safer delivery of provision in the Forest of Dean district.

Volunteers are central to us achieving our objects. We had 15 regular period who helped with running youth clubs, mapping , and a community pantry.

We have also

period.

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Trustees Annual Report

ACHIEVEMENTS AND PERFORMANCE

Summary of the main achievements of the charity

concerning the following topics:

2.

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Trustees Annual Report

launched the Recovery and Wellbeing café to provide a space for individuals to regularly meet up for group mental health support. 

  - Facilitated the Know your Patch Forum from over 15 , with over

3.

2.

The trustees have referred to the Charity

FINANCIAL REVIEW

Income and fundraising

and Food Programme

and the extension of the Digi Hubs Project, and funding for further development of our new premises.

of an underlease with an anchor tenant: rent income and service charges due from the anchor tenant ng to £214,615 (2023: £33,739). -Balance Sheet Events). All sums owed have been received in 2024/25.

which FVAF was able to take advantage of, having opened to £8,476 (2023: £980).

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Trustees Annual Report

Expenditure

722,289 (2023: £540,294), ing FVAF support individuals on a 1-toESHO), to trial digital popdi , and furnishing of, rooms, upgrading toilets and undertaking some external works on the front of the building.

116,166 (2023: £10,504) was principally the result of taking on the new premises, including sums for rent, on digital projects. All sums owed have been paid in 2024/25.

Risk Management

As part of FVAF’s onaccess account with Unity Trust Bank and a liquidity manager 95-day Bank plc. The FVAF’s current account remains with CAF Bank Limited.

Reserves

The Trustees review the reserves each year in line with Charity Commission guidance.

In June 2023, the trustees approved a new Reserves Policy with a target level for reserves of £302,000 to £820,000, and agreed to maintain reserves at the mid-range level of £595,000 though recognised it would take

recognised the need to hold reserves for the purposes of cover for 6 months’ and .

As at 31 March 2024, FVAF held funds of £884,104. Of this £236,144 was in restricted funds and £647,960 in unrestricted funds. The unrestricted funds of £647,960 meet our target reserves.

The trustees will review the Reserves Policy in December 2024. It is expected that reserves will be needed for delivering our ‘core’ and the development of a community café.

Principal sources of funds

Principal core funding: Forest of Dean District Council (Volunteering SLA) and Thirty Percy

Principal grants: Gloucestershire County Council ( Digital Hubs, ESHO and Levelling Up Fund (Forest Community Space)); Barnwood Trust (Digital Inclusion, My Networks, Walking with Wheels); Forest of Dean District Council (Safeguarding Project, Cost of Living Project and Digital Hubs), Gloucestershire and Youth Music Fund.

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Trustees Annual Report

Principal risks facing the charity

Reliance on non-recurrent project funding.

full repairing lease for new premises. Immediate risks are low, but measured and . We have excellent keep

abreast of

senior management team use a decisionvalues.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity’s governing document is the , it being a company limited by guarantee and not having a share capital as well as a registered charity.

Membership is open to individuals and not-foris dissolved while they are a member or within 12 months of them ceasing to be a member, guarantee to contribute up to £1 towards the debts and

,

, and they are appointed by

AGM or through co-

procedures.

and the Gloucestershire VCS

Alliance.

The charity is governed by a board of trustees and managed on a day-to-day basis by the CEO and management team. My Networks Mental Health Alliance and is an . also employed a Community Centre Manager on behalf of Sedbury Space community group and a Youth Worker on behalf of Tidenham Parish Council. FVAF also Cinderford.

, FVAF may subcontract providers to deliver some elements of work to achieve the charitable aims. This includes but is not limited to trainers, youth workers and community .

C with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Charity and

Future Plans

As we finalise this report, FVAF is delighted to report on achieving its primary objective for 2024/25, to secure two significant commissioned contracts. To foster high-quality youth services in the Forest of Dean, FVAF established the Forest Youth Association and in the reporting period collaborated with Gloucestershire

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Trustees Annual Report

Gateway Trust, Venture and other partners to bid for the Integrated Youth Support Service for Gloucestershire. The bid was successful and the Youth Support Service contract started October 1, 2024. This will ensure the long-term sustainability of the Youth Association and enable further investment by FVAF in youth and community activities over the next five to seven years.

Additionally, FVAF collaborated with Gloucestershire Gateway Trust, Aspire, and other partners to bid for the Children and Family Centres contract for the Forest of Dean and Gloucester. Success in this endeavour has also been achieved and will create the capacity for FVAF to expand community services and activities across the two children’s centres in the Forest of Dean. This contract is expected to start in Spring 2025.

FVAF will continue to advocate for community needs across various strategic boards and forums, engaging in the co-design of essential services such as the Community Wellbeing Service and the Community Advice Link Mental Health Service (CALMHS).

The third annual Volunteer Awards was held in September 2024, and the delivery of the Holiday Activity and Food programme (HAF/HAP) has and will continue throughout 2024. Additional funding has been secured to once again expand Digital Hubs provision across Gloucestershire over the next three years, and plans are underway to establish a Forest Food Network.

Fundraising efforts will continue to further develop Ow Bist – Forest Community Space, with a focus on securing social investment to build a community café. Furthermore, the Banking Hub provision is expected to expand to meet growing demand, alongside a diverse range of new and existing community activities that will benefit the local population.

The above report has been prepared in accordance with the provisions applicable to companies subject to the SORP (FRS 102).

9

Forest Voluntary Ac�on Forum

Trustees Annual Report

Statement of responsibili�es of the trustees

The trustees (who are also directors of Forest Voluntary Ac�on Forum for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accoun�ng Standards (United Kingdom Generally Accepted Accoun�ng Prac�ce).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and applica�on of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accoun�ng records that disclose with reasonable accuracy at any �me the financial posi�on 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 preven�on and detec�on of fraud and other irregulari�es.

The trustees are responsible for the maintenance and integrity of the corporate and financial informa�on included on the charitable company's website. Legisla�on in the United Kingdom governing the prepara�on and dissemina�on of financial statements may differ from legisla�on in other jurisdic�ons.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the Board of Trustees on 12/ 11/ 2024 and signed on their behalf by

Signed on behalf of the Board of Trustees

Penelope Hulbert Chair of Trustees

10

Independent examiner’s report to the trustees of Forest Voluntary Ac�on Forum

I report to the charity trustees on my examina�on of the accounts of the company for the year ended 31st March 2024 which are set out on pages 12 to 34.

Responsibili�es and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the prepara�on of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having sa�sfied 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 examina�on, I report in respect of my examina�on of your company’s accounts as carried out under sec�on 145 of the Chari�es Act 2011 (‘the 2011 Act’). In carrying out my examina�on I have followed the Direc�ons given by the Charity Commission under sec�on 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 sec�on 145 of the 2011 Act. I confirm that I am qualified to undertake the examina�on because I am a member of the Associa�on of Chartered Cer�fied Accountants, which is one of the listed bodies.

I have completed my examina�on. I confirm that no ma�ers have come to my a�en�on in connec�on with the examina�on giving me cause to believe that in any material respect:

  1. accoun�ng records were not kept in respect of the company as required by sec�on 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accoun�ng requirements of sec�on 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a ma�er considered as part of an independent examina�on; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prac�ce for accoun�ng and repor�ng by chari�es applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other ma�ers in connec�on with the examina�on to which a�en�on should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christy Lau FCCA CTA DChA

Slade & Cooper Limited Beehive Mill Jersey Street Manchester M4 6JG Date 28 November 2024

11

Forest Voluntary Attion Forum Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2024 Unrestricted funds Restricted funds Total funds 2024 Total funds 2023 Note Income from: Donations and legacies 1,466 2,202 3,668 5,536 Charitable attivities 229.259 588.968 818.227 748.563 Investments 8,476 8,476 980 Total income 239,201 591,170 830,371 755,079 Expenditure on: Raising funds 17.005 17.005 Charitable activities 95,308 626,981 722,289 540,294 Total expenditure 112.313 626,981 739.294 540,294 Net income/(expenditure) for the year 126,888 {35,811) 91,077 214,785 Transfer between funds 209,671 (209,671) Net movement in funds for the year 336.559 (245,482) 91,077 214,785 Reconciliation of funds Total funds brought forward 311,401 481,626 793,027 578,242 Total funds carried forward 647.960 236.144 884.104 793.027 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. A full comparative SOFA is available on the last page of the financial statements. 12

Forest Voluntary Action Forum Company number 07557852

Balance sheet as at 31 March 2024

Note
£
£
Fixed assets
Tangible assets
14
166,004
Total fixed assets
166,004
Current assets
Debtors
15
214,615
Cash at bank and in hand
16
619,651
Total current assets
834,266
Liabilities
Creditors: amounts falling
due in less than one year
18
(116,166)
Net current assets
718,100
Total assets less current liabilities
884,104
Net assets
884,104
The funds of the charity:
Restricted income funds
19
236,144
Unrestricted income funds
20
647,960
Total charity funds
884,104
2024		 £
£
76,628
76,628
33,739
693,164
726,903
(10,504)
716,399
793,027
793,027
481,626
311,401
793,027
2023		 £
£
76,628
76,628
33,739
693,164
726,903
(10,504)
716,399
793,027
793,027
481,626
311,401
793,027
2023
76,628
716,399
793,027
793,027
481,626
311,401
793,027

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FRS102 SORP, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 15 to 34 form part of these accounts.

Approved by the trustees on 12th November 2024 and signed on their behalf by:

Penelope Hulbert (Chair)

Jonathan Gault (Treasurer)

13

Forest Voluntary Attion Forum Statement of Cash Flows for the year ending 31 March 2024 Note 2024 2023 Cash provided by/(used in) operating activities 24 23,952 194,297 Cash flows from investing activities.- Dividends, interest, and rents from investments Purchase of tangible fixed assets 8,476 (105,941) 980 (39, 977) Cash provided by/(used in) investing activities {97,465) (38,997) Increase/(decrease) in cash and cash equivalents in the year (73,513) 155,300 Cash and cash equivalents at the beginning of the year 693.164 537.864 Cash and cash equivalents at the end of the year 619,651 693,164 14

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 Accounting policies The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a Basis of preparation 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). second edition 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 and UK Generally Accepted Accounting Prattice. Forest Voluntary Action Forum meets the definition of a public benefit entity under FR5102. Assets and liabilities are initially recognised at historical cost or transartion value unless otherwise stated in the relevant accounting policy note. b P￿paratIOn of the accounts on a going concern basis The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concem. The tnjstees have made no key judgments which have a significant effect on the accounts. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant rtsk of causing a material adjustment to the carrying amount of assets and liabilities Wlthin the next reporting period. c Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants. whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 15

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) d Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity- this is normally upon notification of the interest paid or payable by the Bank. e Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are resources which the funder has specified are to be solely used for particular area5 of the charity's work or for specific projects being undertaken by the charity. f Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditu￿ is classified under the following activity headings: Costs of raising funds comprise the salary and associated costs of staff involved in fundraising Expenditure on charitable activities includes the costs of other activities undertaken to further the purposes of the charity and their associated support costs. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. g Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back ofFice costs, finance, personnel, payroll and governance costs which support the charity's programmes and artivities. These costs have been allocated between cost of raising fund5 and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 8. h Operating leases Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease. 16

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) i Tangible fixed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives as follows.. Leasehold property improvement projects (25 year lease from 1st July 2022) Motor vehicles straight line over remainder of lease period 25010 of reducing balance straight line 500/0 straight line 12.5Wo Computer equipment Office equipment j Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. k Cash at bank and in hand Cash at bank and cash in hand includes cash and short temi highly liquid investments with a short maturity of three months or less from the date of acquisltion or opening of the deposit or similar account. I Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. m Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. n Pensions Employees of the charity are entitled to join a defined contribution 'money purchase, scheme. The charity's contribution is restricted to the contributions disclosed in note 11. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 9. 17

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) Legal status of the charity The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page l. Income from donations and legacies Current reporting period Unrestricted Restricted Total 2024 Donations 1,466 2,202 3,668 Total 1,466 2,202 3,668 Previous reporting period Unrestricted Restrirted Total 2023 Donations 5.536 5.536 Total 5,536 5,536 18

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) Income from charitable activities Current reporting period Unrestrirted Restricted Total 2024 Project income Office rental income Room hire income Sponsorship income 122.913 101,222 5.124 587,818 710,731 101,222 5,124 1,150 1,150 Total 229,259 588,968 818,227 Previous reporting period Unrestricted Restricted Total 2023 Projects and Administration 100,796 647,767 748,563 Total 100.796 647,767 748,563 see note 23 19

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) Investment income Current reporting period Unrestrirted Restricted 2024 Income from bank deposits Income from investments 8.157 319 8,157 319 8.476 8,476 Previous reporting period Unrestricted Restricted 2023 Income from bank deposits Income from investments 866 114 866 114 980 980 Cost of raising funds 2024 2023 staff costs 17,005 17.005 All expenditure on cost of raising funds is unrestricted Fundraising costs were not identified in 2022123 20

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) Analysis of expenditure on charitable activities Current reporting period Unrestrirted Restricted Total 2024 Projects Staff costs Premises costs Administrative/office costs Legal & professional costs Community Engagement vehicle Depreciation Governance costs (see note 8) 6.344 27,745 25,849 7,431 5,199 3,355 16,565 162,408 433,814 26,925 3,330 504 168,752 461,559 52,774 10,761 5,703 3,355 16,565 2,820 2,820 95,308 626,981 722,289 Previous reporting period Unrestrirted Restrirted Total 2023 Projects & Administration Depreciotion Governance costs (see note 8) 120.395 14,349 405,202 525,597 14,349 348 348 135,092 405,202 540,294 2024 2023 Restrirted expenditure Unrestricted expenditure 626,981 95,308 405,202 135,092 722,289 540,294 21

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) Analysis of governance and support costs Current reporting period Basis of apportionment Support Governance Total 2024 AccourTrtancy services Independent examiner's fee Governance Govemance 2,400 420 2,400 420 2.820 2,820 The charity has one activity and therefore does not apportion other support costs Previous reporting period Basis of apportionment Support Governance Total 2023 Independent examiners fee Govemance 348 348 348 348 22

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) Net income/(expenditure) for the year This is stated after chargingl(crediting): 2024 2023 Depreciation Operating lease rentals: Property Accountancy fees Independent examiner's fee 16.565 14,349 44,274 2,000 350 348 see note 23 io staff costs staff costs during the year were as follows: 2024 2023 Wage5 and salaries Social security costs Pension costs Staff training Provision for untaken annual leave 433,643 27,918 10,185 2,000 4,818 342,056 23,317 5,880 478,564 371,253 Allocated as follows: Cost of raising funds Charitable activities 17.005 461,559 478,564 staff costs were not analysed in 2022123 No employee has employee benefits (excluding employer NI and pension costs) in excess of £60,000 {2023'. Nil). The average number of staff employed during the period was 17.8 (2023: 21). The average full time equivalent number of staff employed during the period was 14.6. The key management personnel of the charity comprise the tnjstees and the Chief Executive Officer. The total employee benefits (including employer NI and pension costs) of the key management personnel of the charity were £63,351 (2023: £55,131). 23

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 11 Trustee remuneration and expenses. and related party transactions Neither the trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil). No trustees received travel and subsistence expenses during the year (2023: £nil). Aggregate donations from related partie5 were £nil (2023.. £nil). There are no donations from related parties which a￿ outside the nomlal course of business and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023.. nil). 12 Government grants The government grants recognised in the accounts were as follows: 2024 2023 Parish Council Town Council District Council County Council: Community Pantry Digital Hubs Digital Innovation Fund Forest Community Space GEM / ESHO Holiday & Activity Food Programmes Know Your Patch 10,000 17.000 31,560 17,256 91,150 7,500 44,492 20,000 37,500 53, 778 68,448 12,000 57.059 52,500 36,800 95,950 12,000 312,869 352, 124 13 Corporation tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. 24

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 14 Fixed assets: tangible assets Leasehold property Motor vehicles Computer equipment Office equipment Total Cost At l April 2023 Additions 39.977 101,396 51,000 90,977 105,941 1,449 3,096 At 31 March 2024 141.373 51.000 1.449 3.096 196,918 Depreciation At l April 2023 Charge for the year 1,599 5.891 12,750 9.563 14,349 16,565 724 387 At 31 March 2024 7,490 22,313 724 387 30,914 Net book value At 31 March 2024 133,883 28,687 725 2,709 166,004 At 31 March 2023 38,378 38,250 76,628 25

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 15 Debtors 2024 2023 Trade debtors Other debtors Prepayments and accrued income 12,834 201,781 28,528 5,108 103 see note 23 214.615 33,739 16 Cash at bank and in hand 2024 2023 Short temi cash investments (less than 3 month maturity date) Short temi deposits Cash at bank and on hand 6,891 6,572 122,595 490,165 686,592 619,651 693, 164 26

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 17 Agency collections In 2023124 funds were held temporarily for the Ukraine Community Hub, which was able to receive and distribute donations in support of families coming from Ukraine sooner than it was able to open its own bank account. Active Gloucestershire funding to support youth activites at a local gym was also channelled through FVAF. Such transactions are recorded as agency collections. At 31st March 2024, both funds had zero balances. 2024 Amounts received Ukraine Community Hub Active Gloucestershire 7,223 1,860 Amounts distributed Ukraine Community Hub Active Gloucestershire (7,223) (1,860) Amount held at end of the period 18 Creditors: amounts falling due within one year 2024 2023 Trade creditors Short term compensated absences (holiday pay) Other creditors and accruals 66,872 4,818 44.476 5, 986 4,518 116,166 10,504 27

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 19 Analysis of movements in restricted funds Current reporting Balance at period l April 2023 Balance at 31 March 2024 Income Expenditure Transfers Forest Community Space (fornierly Forest Youth & Community Hub) 64,846 112,566 (17,448) (104,492) 55,472 Digital Inclusion 136,005 48,898 (125,154) (21,850) 37,899 Going Extra Mile / ESHO Forest Youth Association 5.678 36.800 (29.826) (12,652) 54,716 70,562 (69,834) (11,918) 43,526 Digital Hubs 61,595 71,619 (86,407) (15,399) 31,408 Holiday & Activity Food Programmes 26,240 95,950 (115,890) 6,300 Barnwood Trust For My Networks Other restritted funds 30.286 63.780 (48.538) 45.528 102,260 90,995 (133,884) (43,360) 16,011 Total 481,626 591,170 (626,981) (209,671) 236,144 28

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 19 Analysis of movements in restricted funds (cont.) Previous reporting period Balance ot l April 2022 Balance at 31 March 2023 Income Expenditure Transfers Forest Youth & Community Hub 75,000 37,500 (47,654) 64,846 Digital Inclusion 157,000 (20,995) 136,005 Going Extra Mile / ESHO Forest Youth Association 35,378 (29.700) 5,678 46,200 40,401 (31,885) 54,716 Digital Hubs 51,940 44,831 (35,176) 61,595 Holiday & Activity Food Programmes Barnwood Trust - For My Networks Other restricted funds 92,221 (65,981) 26,240 5,000 60,000 (34, 714) 30,286 60,921 180,436 (139,097) 102,260 Total 239,061 647.767 (405,202) 481,626 29

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 19 Analysis of movements in restricted funds (cont.) Name of restricted fund Description, nature and purposes of the fund Forest Community The repurposing of a fonner GP'S surgery into FVAF'S new ofFice base and Space {formerly community hub in the heart of Cinderford. Forest Youth & Community Hub) Digital Inclusion The facilitation of a partnership focusing on digital inclusion in the Forest of Dean. Going Extra Mile I Supports people who want to move closer towards education. training or ESHO work. Forest Youth Association An association of youth groups. clubs. activities. services, councils and residents where skills, experiences and assets are shared for the benefit of young people and communities throughout the Forest of Dean. Digital Hubs The facilitation of digital hubs across the Forest of Dean to support people to learn and navigate digital solutions to specific challenges, e.g. accessing online food deliveries, NHS services. Holiday & Activity Food Programmes A central government led programme to deliver food and activities to children aged 4-16 during school holidays. FVAF delivered the programme for the Forest of Dean district. Barnwood Trust - For My Networks The facilitation of a Mental Health Alliance in the Forest of Dean, consisting of individuals. groups and organisations that support people with mental health challenges. Other restricted funds Promote any charitable purpose in the area of benefit, principally but not exclusively in the area currently administered by the Forest of Dean District Council. especially in relation to the advancement of education, the protection of health and relief of poverty, sickness and distress. Transfers Transfers comprise amounts spent on capitalised assets, historical adjustments relating to costs not allocated in previous periods, and balance adjustments between specified funds and funds formerly within "other restricted funds" 30

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 20 Analysis of movement in unrestricted funds Current reporting Balance period at l April 2023 Asat31 March 2024 Income Expenditure Transfer5 General fund 311,401 239,201 (112,313) 209,671 647,960 311,401 239.201 (112.313) 209,671 647,960 Previous reporting period Balance at l April 2022 Asat31 March 2023 Income Expenditu Transfers General fund 339,181 107,312 (135,092) 311,401 339,181 107,312 (135,092) 311,401 Name of unrestricted fund Description. nature and purposes of the fund General fund The free reserves after allowing for all designated funds 31

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 21 Analysis of net assets between funds Current reporting period General fund Designated funds Restricted funds Total Tangible fixed assets Net current assets/(liabilities) 166,004 481.956 166,004 718,100 236,144 Total 647,960 236,144 884,104 Previous reporting period General fund Designated funds Restricted fvnds Total Tangible fixed assets Net current assets/(liabilities) 76,628 234, 773 76,628 716,399 481,626 Total 311,401 481,626 793,027 22 Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods: Property 2024 2023 Less than one year One to five years Over five years 25,000 loo,000 6.250 131,250 32

Forest Voluntary Action Forum Notes to the accounts for the year ended 31 March 2024 (continued) 23 Post balance sheet events In June 2024, after negotiation5 Wlth Cinderford Town Council were completed, a 25 year lease was signed on the former health centre in Cinderford (since re-named Ow Bist Forest Community Space), effective from l July 2022. Extensive renovation works and refurbishment have taken place. In June 2024, negotiations were also completed with Gloucestershire Health and Care NHS Foundation Trust and a 10 year underlease was signed for just over half of the space in the new premises, effective from l July 2022. Further space is used by other organisations although sub-leases have not yet been fomialised. Costs and income arising from the above, relating to both 2022123 and 2023124, have been accrued for in the 2024 accounts. A new 5-year contract for the Integrated Youth Support Service has since been awarded, taking effert from l October 2024, and a partnership for Children and Family Centres with Gloucestershire Gateway Trust ha5 also been put in place to start from l April 2025. 24 Reconciliation of net movement in funds to net cash flow from operating activities 2024 2023 Net income/(expenditure) for the year Adjustments for: Depreciation charge Dividends, interest and rents from investments Decrease/{increase) in debtors Increase/(decrease) in creditors 91,077 214, 785 16,565 (8,476) (180,876) 105,662 14,349 (980) 6,879 (40, 736) Net cash provided by/{used in) operating 23,952 194,297 33

Forest Voluntary Attion Forum Notes to the accounts for the year ended 31 March 2024 (continued) 25 Prior Year Statement of Financial Activities (including Income and Expenditure account) Unrestricted funds Restricted funds Total funds 2023 Total fund5 2022 Note Income from: Donations and legacies 5,536 5,536 108 Charitable activities 100.796 647.767 748.563 714.832 Investments 980 980 Other 15,831 Total income 107,312 647,767 755,079 730,774 Expenditure on: Charitable activities 120,743 405,202 525,945 394,646 other 14.349 14,349 Total expenditure 135,092 405,202 540,294 394,646 Net income/(expenditure) for the year (27.780) 242.565 214.785 336.128 Transfer between funds Net movement in funds for the year (27,780) 242,565 214,785 336,128 Reconciliation of funds Total funds brought forward 339,181 239,061 578,242 242,114 Total funds carried forward 311,401 481,626 793,027 578 242 The statement of financial artivities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 34