**Charity registration number 1142744 (England and Wales)**
**Company registration number 07596402**
**TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Ms Claire Harris Mr Philip Aubrey Mr Robert Bradshaw Mr Donald Walker **Chief Executive Officer** Miss Sarah Richards **Secretaries** Miss Sarah Richards Ms Susan Hurrell **Charity number** 1142744 **Company number** 07596402 **Registered office** Sherborne House Kingsteignton Road Newton Abbot Devon TQ12 2PF **Auditor** Darnells Audit Limited Quay House Quay Road Newton Abbot Devon TQ12 2BU **Bank** CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
**TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 7|
|Statement of Trustees' responsibilities|8|
|Independent auditor's report|9 - 11|
|Statement of financial activities|12|
|Balance sheet|13|
|Statement of cash flows|14|
|Notes to the financial statements|15 - 30|
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees present their annual report, together with the accounts and independent auditor's report of the charitable company for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's Memorandum & Articles of Association dated 7 April 2011, the Companies Act 2006 and the Statement of Recommended Practice for charities applying FRS102.
## **Objectives and activities**
The objects of the Charity are:
(1) To promote any charitable purposes for the benefit of the public principally but not exclusively in the local government area of Teignbridge and its environs (hereinafter called 'the area of benefit') and, in particular, build the capacity of third sector organisations and provide them with the necessary support, information and services to enable them to pursue or contribute to any charitable purpose.
(2) To promote, organise and facilitate co-operation and partnership working between third sector, statutory and other relevant bodies in the achievement of the above purposes within the area of benefit.
Its main aims are to support voluntary organisations to be safe, legal and effective, to promote volunteering, to enable engagement and consultation so that voluntary groups and wider communities have a voice and to promote and facilitate community development. It does this by providing a range of services to enable voluntary action and to promote and develop the contribution of the voluntary and community sector and wider communities. We know that a strong voluntary sector and social action result in improved health and wellbeing of communities and the people within them.
Teignbridge CVS is in regular contact with over 700 voluntary and community groups operating in both the District and across wider South Devon providing information, support, and guidance, ensuring the sector remains safe and legal and providing capacity and skills building opportunities.
## Public benefit
The Charity's main activities and beneficiaries are identified in the review below. The Trustees confirm that they have referred to Charity Commission guidance on public benefit and are satisfied that the organisation's activities confirm with these requirements. Many of the activities are delivered in partnership with other voluntary and community groups or statutory bodies and are undertaken to further the organisation's charitable purpose for the public benefit.
## Measuring success
Our work is measured (outputs) and evaluated (outcomes). For project work we have performance measures laid down in our Funding Agreements and we use a range of national tools to measure the impact for people including:
- Outcomes Stars
- Warwick Edinburgh Mental Wellbeing Scale
For our core work we use NAVCA guidance on measuring outcomes.
## **Achievements and performance**
As a member of NAVCA, Teignbridge CVS recognises and delivers against the 4 key functions of an Infrastructure Organisation.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Building the Capacity of Voluntary and Community Sector Organisations**
Teignbridge CVS helps voluntary and community organisations to fulfil their potential through providing practical support, information, advice, and training. This capacity building work is both strategic and developmental. It helps VCSE organisations to have the strong foundations needed so that they can deliver their goals, become more resilient and contribute to flourishing communities. The most critical work is the specific practical guidance and support provided to our local voluntary and community groups and wider community projects, often bespoke and specific in areas such as governance, business and strategic planning, funding and sustainability, IT, policy and practice. We also work within communities to support those communities with developing their own solutions.
## **Leadership and Advocacy**
Teignbridge CVS supports leadership in and advocates for the VCSE sector and the communities of Teignbridge and wider South Devon. Through participation, either by CVS staff directly or supporting representatives from local communities, in local strategic groups, forums and partnerships, we ensure the sector’s voice is heard and used to influence and affect key decisions locally on funding and policy.
## **Partnerships and Collaboration**
Teignbridge CVS invests in bringing organisations together either in their local geographical places or within themed communities to support collaborative working, building networks and partnerships not only within voluntary and community groups but also between the sector and statutory partners. Working collaboratively and within partnerships happens both informally within our communities but also formally when we bring together a partnership to deliver contracts or services or to lever in funding. Teignbridge CVS provides the role of accountable body for a number of partnerships around health and wellbeing and migration and resettlement to enable smaller groups to be members who may not otherwise have the structure or be able to manage the risk that contracting might require.
## **Volunteering**
Volunteering, both formal and informal, is at the heart of thriving communities and Teignbridge CVS encourages and nurtures volunteering opportunities within Teignbridge so that local people can support local, positive change. Our support includes providing advice or promoting good practice in volunteer management, building opportunities within communities for those who might be excluded, working with partners to deliver the Devon Connect platform for Teignbridge – Teignbridge Together – to give local communities access to a one-stop recruitment platform and delivering an annual event celebrating volunteering across our District.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Project Work**
As well as our core work we continued with some project work and have introduced some new projects that aim to build and deliver a support offer for some of those across Teignbridge and wider Devon who are vulnerable. These include:
## **Food & Nutrition**
We continue to provide significant resource into supporting all things Food and this year we:
- Continued to network providers to share resources, ensure good practice and provide opportunity;
- Provided courses with Thrifty Kitchen to support people to develop cooking skills;
- Continued to provide support to the Devon Food Insecurity Group to understand local community activity and opportunity;
- Worked with emerging Family Hubs to explore how to offer food support;
- Supported local social landlords to develop a Food Club pilot.
## **Supporting Communities to meet the Cost-of-Living Crisis**
We continue to bring groups and agencies together to support those most struggling with the Cost-of-Living crisis and to support the delivery of the Household Support Fund to those most in need across Teignbridge.
- We continue to lead on the delivery of local cost of living events, bringing a wide range of stakeholders to events held in local settings.
- Organised a _**Don’t Miss Out!**_ **campaign and event** to encourage the uptake of unclaimed benefits and in particular pension credits to alleviate the impact of the loss of winter fuel payments.
## **Teignbridge CVS Clearways Programme**
This pilot programme was launched to support residents of South Devon who find themselves unable to look after themselves leading to self-neglect in areas of hoarding and cluttering and nutrition primarily. Our Programme looks to bridge the gap where people and families are falling through it, identifying immediate responses to the self-neglect and longer-term coaching to change behaviour. The programme will not take away any of the statutory requirements for support, but we hope that agencies will refer in those they are working with so that the wrap around support can also be given.
The programme recruited and trained a team of volunteer health coaches to empower people, working with them at their own pace to ensure more sustainable change.
## **Supporting Healthy Ageing**
CVS, working with Active Devon, Newton Abbot CIC, NHS Devon (funders), LLB and Newton Abbot PCNs developed a new programme for South Devon to support Healthy Ageing, focussing on physical, mental, cognitive and social health. The programme offers a range of online and face to face learning opportunities alongside taster sessions to explore activity and wellbeing.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Brokering Support for residents from within Statutory Settings**
- **Lower Limb Therapy Social Prescribing**
- Providing team support to the Lower Limb Therapy Clinics to enable a wrap-around wellbeing offer to patients accessing the Service, supporting them and their Carers with information on additional support, benefits and opportunities outside of the Therapy Service.
- **Connected Communities programme**
- Team support based within the South Devon Social Care and Enabling Teams, brokering low level support for those at the edge of care including income generation, safe and clean homes, access to community groups and transport.
- **Home from Hospital support for patients from Southern Devon** Again funded from Torbay and South Devon NHS Foundation Trust; Teignbridge CVS manages the programme which is delivered by the 5 providers of the Wellbeing Partnership, supporting improved discharge timescales and reduced readmissions by providing services including prescription pick up, health transport, benefits advice, support with shopping and nutrition and advocacy.
- **Hospital Discharge Support Workers at Torbay Hospital**
- Team support based within the Discharge Team at Torbay Hospital enabling patients to leave hospital with community support in place for the patient, their carer, and families to reduce the risk of readmission.
## **The Wellbeing Programme for Southern Devon**
Delivered by the 5 key VCSE providers of the Wellbeing Partnership, the programme continues to reduce demand on statutory provision by delivering a personalised ‘what matters to you’ service for vulnerable residents. We also maintained specialist Wellbeing Co-ordinators, funded through the Improved Better Care Fund supporting those living with dementia, their families, and carers.
## **Support for Migrants and those Resettling in Teignbridge**
Leading a partnership of VCSE providers to support those on the Homes for Ukraine Programme and Government Resettlement Programmes to settle locally with hosts or in locally rented property, to build language skills, settle children into education, access health and care services and be able to access employment.
## **The Sofa – Information, Advice, Guidance**
With growing waiting lists, demand at an all-time high, and some information difficult to find, our Sofa provides opportunities to engage with the community in a more creative way in the hopes of reaching more people. Starting as a small pilot of 6 dates spread across the most population dense towns in Teignbridge, the aim was initially to gauge appetite and willingness to engage with The Sofa, but quickly saw people taking to the concept addressing and resolving issues around: benefits, housing, health and wellbeing, council tax, planning permission, and town-specific issues (parking, anti-social behaviour, dog fouling etc).
A range of teams visit our local communities from the Sofa including teams from Citizens Advice, Housing Providers, Teignbridge District Council and local VCSE wellbeing teams.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Financial review**
The Charity was primarily funded by an agreement with Teignbridge District Council.
There was a deficit of income over expenditure of funds for the year of £56,541 (2024: surplus of £138,454).
There was a deficit for unrestricted funds of £39,861 (2024: surplus of £205,338). There was a deficit for restricted funds of £16,680 (2024: deficit of £66,884). The surplus for unrestricted funds in the previous year was significantly increased by a transfer of £130,290 from restricted funds for purchases previously paid from CVS core activities. The deficit for restricted funds for both 2025 and 2024 arises from the expenditure of grants received previously unspent.
Total funds at the year end amounted to £828,904 (2024: £885,445) with restricted funds of £234,718 (2024: £251,398). Designated funds of £3,104 (2024: £3,104) were held to support people to invest in their own local community projects, £nil (2024: £30,000) was held for succession planning, £5,000 (2024: £nil) was held for online training and £72,000 (2024: £72,000) was held as a general designated reserve as discussed below.
## Reserves policy
The Charity's policy on reserves is to maintain unrestricted funds of six months running costs and calculated redundancy and closure costs. The company maintains a designated fund within total unrestricted funds to ensure the charity can meet its obligations in the short term in the event of the late payment of grants; cover any outstanding liabilities such as staff redundancy payments and remaining lease commitments on premises and ensure that core activity can continue during a period of unforeseen difficulty (see note 18). The free reserves of the Charity at 31 March 2025 were £590,323 (2024: £630,173).
Unrestricted reserves are currently in excess of the policy amount but reflect:
- The Charity operates within a vulnerable and volatile environment and, works close to the ground and is pro-actively engaged in funding areas that are seen as priorities for our core support;
- Recently some commissioners are unable to make decisions on continued funding by 1st April annually but the Charity maintains a service, and allocated staffing, until those decisions can be made; CVS are the ‘elastic in the system’ and the working capital allows us to discharge to projects whilst we wait for decisions;
- More recently some statutory bodies are extremely delayed in settling invoices but the reserves permit making payments to our sub-contracted providers who are unable to carry the delayed payments from within their own resources and retaining staff in post at our own cost until payments are made;
- Having unrestricted reserves allows for the Charity to make some calculated risks on some of the work needed to support our communities.
## **PLANS FOR THE FUTURE**
This coming year sees new Leadership with a new Chief Officer, Sarah Richards, as Sue Wroe retired, after 20 years in post. The Trustees thank Sue for her hard work and dedication.
Sarah Richards, our new Chief Officer looks to take the CVS forward within the challenges of reducing statutory teams (particularly NHS commissioning teams), reduced funding across South Devon, increased positive emphasis on neighbourhood delivery and plans for Local Government Re-organisation.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
Our priorities for this coming year include:
- Continued promotion of the work of the voluntary sector and community groups;
- Building on the work we have done to support volunteering with increased capacity to promote active engagement by residents of Teignbridge;
- A new training offer that includes online access to quality training and learning opportunities;
- Active listening from within our communities to ensure our sector is meeting new and emerging themes;
- Recognising the increasing drive by agencies, particularly public sector bodies, to deliver digitally. Teignbridge CVS is keen to build an offer for those for whom digital is a barrier to accessing services;
- Working with communities to build a programme that supports healthy ageing;
- Reviewing internal processes to ensure they meet our needs as an organisation that continues to grow.
## **Structure, governance and management**
The Charity is a company limited by guarantee (registered number 07596402) having no share capital. It was registered as a charity (number 1142744) on 6 July 2011. Under the provisions of Section 60 of the Companies Act 2006, the Company is entitled to omit the word "Limited" from its name. It is governed by its Memorandum and Articles of Association with its registered office being Sherborne House, Kingsteignton Road, Newton Abbot, TQ12 2PF. Members of the Trustee Board are all Directors of the Company. In the event of the Company being wound up the liability of the members is limited to £1 each.
The Trustees who are also the Directors for the purpose of company law, and who served during the year and since the year end are:
Ms Claire Harris Mr Philip Aubrey Mr Robert Bradshaw Mr Donald Walker Mr Christopher Robillard (Resigned 21 July 2025)
## Recruitment and appointment of Trustees
Under the requirements of the Articles of Association, the members of the Board of Trustees are nominated and elected by the membership organisations. Where there are unfilled vacancies the Board may seek to recruit and co-opt as a body.
## Trustee induction and training
The Charity has an induction pack which is given to all Trustees covering information about the organisation, a copy of the governing document, guidance on Trustee responsibilities, organisational structure, background information to the work of the organisation and other information to support the Trustee in carrying out their role effectively. All Trustees are invited to and attend planning and information days.
## Organisational structure
The work of the organisation is reviewed regularly by the Trustees who receive regular progress reports on CVS activities and how these are meeting the core aims as laid down in our plans. The Trustees appoint a Chief Officer who is also Company Secretary to manage the operations of the Charity. The Board of Trustees meets at least 4 times a year. The Chief Officer attends these meetings but does not have a vote, other members of staff attend meetings when required. The Chief Officer is responsible for ensuring that the services of Teignbridge CVS are delivered effectively but many day-to-day responsibilities are delegated to other staff as appropriate.
The Trustees are responsible for approving all policy updates and have reviewed the liabilities and contingency plans. The Trustees are also responsible for setting pay and remuneration.
## Risk management
The Board have identified major risks that the organisation is exposed to and have implemented systems to manage those risks. Reserve funds are being maintained should funding cease leading to the closure of the organisation as detailed in the reserves policy note.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Auditor**
A resolution proposing that Darnells Audit Limited be reappointed as auditors of the company for 2026 will be put to the members at the Annual General Meeting.
## **Disclosure of information to auditor**
Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The Trustees' report was approved by the Board of Trustees.
..............................
## **Mr Robert Bradshaw**
Trustee Dated: .........................
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees, who are also the directors of Teignbridge Community and Voluntary Services for the purpose 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).
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 Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then 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 Charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity 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 Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **INDEPENDENT AUDITOR'S REPORT**
## **TO THE MEMBERS OF TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **Opinion**
We have audited the financial statements of Teignbridge Community and Voluntary Services (the ‘Charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of our audit:
- the information given in the Trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
- the directors' report included within the Trustees' report has been prepared in accordance with applicable legal requirements.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)**
## **TO THE MEMBERS OF TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Trustees' report and from the requirement to prepare a strategic report.
## **Responsibilities of Trustees**
As explained more fully in the statement of Trustees' responsibilities, the Trustees, who are also the directors of the Charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentation or through collusion. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
However, the primary responsibility for the prevention and detection of fraud rests with those charged with governance of the company and management.
The laws and regulations identified as being of significance in the context of the charitable company are:
- Compliance with the Charity Act 2011 and the Companies Act 2006.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
- Enquiry of management and those charged with governance around actual and potential litigation and claims.
- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)**
## **TO THE MEMBERS OF TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
## **Sean Murphy BA FCA (Senior Statutory Auditor)**
For and on behalf of Darnells Audit Limited, Statutory Auditor Chartered Accountants Quay House Quay Road Newton Abbot Devon TQ12 2BU
Date: .........................
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and grants
**2**
59,632
920,395
Charitable activities
**3**
119,116
330
Investments
**4**
19,440
-
**Total income**
198,188
920,725
**Expenditure on:**
Charitable activities
**5**
241,095
934,359
**Net (outgoing)/incoming**
**resources before transfers**
(42,907)
(13,634)
Gross transfers between
funds
**16**
3,046
(3,046)
**Net (expenditure)/income for**
**the year/**
**Net movement in funds**
(39,861)
(16,680)
Fund balances at 1 April 2024
634,047
251,398
**Fund balances at 31 March**
**2025**
594,186
234,718|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
980,027
91,960
1,064,728
119,446
178,158
-
19,440
13,122
-
1,118,913
283,240
1,064,728
1,175,454
208,192
1,001,322
(56,541)
75,048
63,406
-
130,290
(130,290)
(56,541)
205,338
(66,884)
885,445
428,709
318,282
828,904
634,047
251,398|**Total**
**2024**
**£**
1,156,688
178,158
13,122|
|---|---|---|
|||1,347,968|
|||1,209,514|
|||138,454
-|
|||138,454
746,991|
|||885,445|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2025**
|**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Debtors
**13**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**14**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**16**
Unrestricted funds|**2025**
**£**
24,838
840,172
865,010
(39,969)|**£**
3,863
825,041
828,904
234,718
594,186
828,904|**2024**
**£**
33,662
861,761
895,423
(13,852)|**£**
3,874
881,571|
|---|---|---|---|---|
|||||885,445|
|||||251,398
634,047|
|||||885,445|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on .........................
|..............................|..............................|
|---|---|
|Ms Claire Harris|Mr Robert Bradshaw|
|**Trustee**|**Trustee**|
## **Company registration number 07596402**
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## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025**
|**Notes**
**Cash flows from operating activities**
Cash (absorbed by)/generated from
operations
**21**
**Investing activities**
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
Investment income received
**Net cash generated from investing activities**
**Net cash generated from financing activities**
**Net (decrease)/increase in cash and cash**
**equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2025**
**£**
(2,256)
-
19,440|**£**
(38,773)
17,184
-
(21,589)
861,761
840,172|**2024**
**£**
(1,391)
91
13,122|**£**
319,287
11,822
-|
|---|---|---|---|---|
|||||331,109
530,652|
|||||861,761|
- 14 -
**TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Accounting policies**
## **Charity information**
Teignbridge Community and Voluntary Services is a private company limited by guarantee incorporated in England and Wales. The registered office is Sherborne House, Kingsteignton Road, Newton Abbot, TQ12 2PF.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006 and "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) (effective 1 January 2019)". The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Donations and legacies are recognised when the charity is notified of the amount and settlement is probable.
Grants are recognised when the terms and conditions attached to the grant have been met or are within the charity’s control to meet.
Income from charitable activities is recognised as earned, according to the terms of the relevant contract or agreement.
Donated goods, facilities, and services are recognised at their fair value when received, provided they can be reliably measured.
Interest receivable is included in investment income when it is receivable by the charitable company.
- 15 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
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.
Expenditure attributable to meeting the aims and objectives, including the support costs, is included in charitable activities.
Governance costs comprise all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include the costs related to the audit of the financial statements and legal fees.
Overhead costs incurred wholly or mainly in support of expenditure on the objects of the Charity or other trading activities and being an integral part of the costs of carrying out those activities, are separately analysed within Charitable Expenditure in the Statement of Financial Activities as appropriate.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings and equipment 25% straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
At each reporting date, the Charity reviews the carrying amounts of its assets to determine whether the indication that those assets have suffered impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.7 Financial instruments**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
## **Basic financial assets**
Basic financial assets, which include cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
## **Derecognition of financial assets**
Financial assets are derecognised only when the contractual rights to cash flows from the assets expire or are settled or when the Charity transfers the financial assets and substantially all the risks and rewards of ownership to another entity.
## **Basic financial liabilities**
Basic financial liabilities, including accruals and creditors are initially recognised at transaction price.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the Charity's obligations expire or are discharged or cancelled.
- 16 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Accounting policies**
## **(Continued)**
## **1.8 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.9 Retirement benefits**
The Charity operates a defined contributions pension scheme. Contributions are charged in the accounts as they become payable in accordance with the rules of the scheme.
## **1.10 Debtors and creditors receivable / payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.
## **2 Donations and grants**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
2,672
-
Grants receivable
56,960
920,395
59,632
920,395|**Total**
Unrestricted
funds
**2025**
2024
**£**
£
2,672
-
977,355
91,960
980,027
91,960|Restricted
funds
2024
£
-
1,064,728
1,064,728|Total
2024
£
-
1,156,688|
|---|---|---|---|
||||1,156,688|
- 17 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **2 Donations and grants**
## **(Continued)**
|**Grants receivable for**
**core activities**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Teignbridge District
Council core funding
56,960
-
Devon County Council -
Connected Communities
-
13,313
Devon County Council -
H&SC Engagement
-
-
NHS - Home from
Hospital
-
80,000
NHS - Wellbeing Co-
ordination
-
374,380
Devon County Council -
Dementia and End of Life
-
70,000
NHS- Hospital Discharge
-
49,000
Teignbridge District
Council - Household
support
-
95,000
Teignbridge District
Council - Migration and
Settlement
-
87,701
Various - Migration and
Settlement
-
7,860
NAVCA - Cost of Living
-
-
SD&T NHS Trust -
Lower Limb Service
-
3,050
NHS Devon - Self
Neglect
-
69,000
NHS Devon - various
-
-
Teignbridge District
Council - Cost of Living
-
-
Torbay Age UK -
Wellbeing Co-ordination
-
-
NHS - HOPE
-
12,000
Health and Care
Innovations - Hospital
Discharge
-
-
Buckland Abbey -
Household Support
-
-
NHS - Healthy Ageing
-
36,045
National Lottery - SOFA
-
20,000
DWP - Adapted office
equipment
-
3,046
56,960
920,395|**Total**
Unrestricted
funds
**2025**
2024
**£**
£
56,960
56,960
13,313
-
-
-
80,000
-
374,380
-
70,000
-
49,000
-
95,000
-
87,701
-
7,860
-
-
-
3,050
-
69,000
-
-
35,000
-
-
-
-
12,000
-
-
-
-
-
36,045
-
20,000
-
3,046
-
977,355
91,960|Restricted
funds
2024
£
-
23,868
38,262
50,000
351,805
100,000
-
100,000
106,408
39,674
2,000
16,666
11,500
183,374
20,000
5,000
12,000
3,946
225
-
-
-
1,064,728|Total
2024
£
56,960
23,868
38,262
50,000
351,805
100,000
-
100,000
106,408
39,674
2,000
16,666
11,500
218,374
20,000
5,000
12,000
3,946
225
-
-
-|
|---|---|---|---|
||||1,156,688|
- 18 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **3 Charitable activities**
||**Project work**|**Project work**|
|---|---|---|
||**and**|**and**|
||**management**|**management**|
||**2025**|**2024**|
||**£**|**£**|
|Project work and management|117,896|176,948|
|Training events|1,550|1,210|
||119,446|178,158|
|Analysis by fund|||
|Unrestricted funds|119,116|178,158|
|Restricted funds|330|-|
||119,446|178,158|
## **4 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Interest receivable|19,440|13,122|
- 19 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **5 Expenditure on charitable activities**
|**Direct costs**
Staff costs
Travel and subsistence
Printing, postage and stationery
Resources - Moorland Community Care Group
Resources - Totnes Caring
Resources - Volunteering in Health
Resources - Kingscare League of Friends
Resources - Dartmouth Caring
Resources - Age UK
Resources - Other
**Share of support and governance costs (see note 7)**
Support
Governance
**Analysis by fund**
Unrestricted funds
Restricted funds
**6**
**Grants payable**
Grants to individuals|**Costs of**
**operating**
**2025**
**£**
464,528
3,902
833
51,658
46,702
67,165
92,002
37,514
202,704
170,655
1,137,663
30,682
7,109
1,175,454
241,095
934,359
1,175,454
**2025**
**£**
88,421|**Costs of**
**operating**
**2024**
**£**
412,545
3,063
640
66,459
53,000
76,918
120,296
43,555
184,213
207,664|
|---|---|---|
|||1,168,353
33,548
7,613|
|||1,209,514|
|||208,192
1,001,322|
|||1,209,514|
|||2024
£
112,147|
Grants payable arise where funds have been made available to be spent across Devon and are included within the expenditure of resources. Payments are at the discretion of funders and are solely administered by the Charity.
All grants paid for the year and previous year arose solely in respect of the Household Support programme.
- 20 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **7 Support costs allocated to activities**
|Staff costs
Depreciation
Training and quality assurance
Advertising, recruitment and publicity
Telephone and broadband
Printing postage and stationery
Insurance
Office equipment
Consultancy
Subscriptions
Sundry expenses
Governance
**Governance costs comprise:**
Audit fees
Payroll services
Legal and professional costs
**8**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets|**Total**
**2025**
**£**
3,444
2,267
1,431
3,959
2,967
833
1,948
3,710
456
7,925
1,742
7,109
37,791
**2025**
**£**
5,940
1,080
89
7,109
**2025**
**£**
5,940
2,267|**Total**
**2024**
**£**
3,569
2,526
1,266
7,605
3,003
640
1,882
7,360
-
4,066
1,631
7,613|
|---|---|---|
|||41,161|
|||**2024**
**£**
5,760
979
874|
|||7,613|
|||**2024**
**£**
5,760
2,526|
## **9 Trustees**
None of the Trustees (or any person connected with them) received any remuneration during the year (2024: £Nil) and two Trustees were reimbursed travelling expenses of £54 (2024: Two Trustees were reimbursed travelling expenses of £49).
- 21 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **10 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
|**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
17
**2025**
**£**
416,621
31,282
20,069
467,972|**2024**
**Number**
16|
|||**2024**
**£**
372,370
27,527
16,217|
|||416,114|
The average number of employees includes twelve part time staff (2024: twelve).
The Charity provides employees the opportunity to participate in a defined contribution pension scheme and contributes 5% of participants salaries.
The total employee benefits of the Charity's key management were £42,650 (2024: £46,683).
There were no employees whose annual remuneration was more than £60,000.
## **11 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
- 22 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **12 Tangible fixed assets**
|**12**
**Tangible fixed assets**|||
|---|---|---|
|**Cost**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation and impairment**
At 1 April 2024
Depreciation charged in the year
At 31 March 2025
**Carrying amount**
At 31 March 2025
At 31 March 2024
**13**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income
**14**
**Creditors: amounts falling due within one year**
Trade creditors
Accruals and deferred income|**Fixtures,**
**fittings and**
**equipment**
**£**
15,091
2,256
17,347
11,217
2,267
13,484
3,863
3,874
**2025**
**2024**
**£**
**£**
17,179
20,612
4,356
-
3,303
13,050
24,838
33,662
**2025**
**2024**
**£**
**£**
8,635
4,022
31,334
9,830
39,969
13,852||
|||17,347|
|||11,217
2,267|
|||13,484|
|||3,863|
|||3,874|
|||**2024**
**£**
20,612
-
13,050|
|||33,662|
|||**2024**
**£**
4,022
9,830|
|||13,852|
Accruals and deferred income at 31 March 2025 included deferred income of £22,261 (2024: £nil) in respect of grant income received for expenditure in 2025/26.
- 23 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|**15**|**Retirement benefit schemes**|||
|---|---|---|---|
|||**2025**|**2024**|
||**Defined contribution schemes**|**£**|**£**|
||Charge to profit or loss in respect of defined contribution schemes|20,069|16,217|
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.
- 24 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **16 Restricted funds**
The income funds of the Charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Balance at**
**1 April 2023**
**£**
Connected Communities
25,822
Incredible Trust
1,446
H&SC Engagement
-
Home from Hospital
22,854
Wellbeing Co-ordination
79,703
Devon Memory Cafe
1,000
Wellbeing Dementia and End of Life
23,616
Winter Pressures and UEC Torbay
63,306
HOPE
30,732
Hospital Discharge Torbay
6,258
PA Development
34,122
Migration and Settlement
19,918
Household Support
9,505
Cost of Living
-
Lower Limb Service
-
Self Neglect
-
SOFA
-
Healthy Ageing
-
Adapted office equipment
-
318,282|**Incoming**
**resources**
**Resources**
**expended**
30,124
(28,260)
-
-
38,262
(38,262)
80,000
(79,999)
356,805
(342,024)
-
-
100,000
(100,000)
68,608
(26,633)
12,000
(17,246)
75,918
(62,116)
-
(34,122)
146,082
(140,684)
100,225
(112,147)
22,000
(15,292)
23,204
(4,537)
11,500
-
-
-
-
-
-
-
1,064,728
(1,001,322)|**Transfers**
**Balance at**
**1 April 2024**
**£**
**£**
-
27,686
-
1,446
-
-
(22,855)
-
(35,299)
59,185
-
1,000
(21,593)
2,023
(63,306)
41,975
(8,413)
17,073
-
20,060
-
-
-
25,316
-
(2,417)
-
6,708
-
18,667
21,176
32,676
-
-
-
-
-
(130,290)
251,398|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**31**
**£**
**£**
**£**
13,313
(16,331)
-
-
(1,446)
-
-
-
-
80,000
(75,478)
-
374,380
(433,270)
-
330
-
-
70,000
(72,000)
-
-
(39,986)
-
12,000
(11,333)
-
49,000
(38,935)
-
-
-
-
95,561
(96,552)
-
95,000
(88,421)
-
-
-
-
3,050
(8,940)
-
69,000
(38,940)
-
20,000
(431)
-
36,045
(12,296)
-
3,046
-
(3,046)
920,725
(934,359)
(3,046)|**Balance at**
**March 2025**
**£**
24,668
-
-
4,522
295
1,330
23
1,989
17,740
30,125
-
24,325
4,162
6,708
12,777
62,736
19,569
23,749
-|
|---|---|---|---|---|
|||||234,718|
- 25 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **16 Restricted funds**
**(Continued)**
Connected Communities (formerly Devon Prevention Voluntary Sector Networks) - Connecting isolated and vulnerable people in our communities to voluntary and community services.
Incredible Trust - Supporting voluntary groups in Teignmouth.
H&SC Engagement - Health and Social Care Engagement to support persons with complex care needs.
Home from Hospital - To support patients with timely discharge from hospital and with services to support their remaining at home post discharge.
Wellbeing Co-ordination - To reduce isolation and improve health and wellbeing in South Devon.
Devon Memory Café - To support building skills across memory cafes throughout Devon.
Wellbeing Dementia and End of Life - Supporting the wellbeing of people living with dementia or memory loss, their carers and their families. and supporting an improved experience for people facing end of life, their carers and their families.
Winter Pressures and UEC Torbay - Projects to explore how the Voluntary Sector can work within communities to reduce the pressure on services.
HOPE - To help local people struggling with long-term health conditions build confidence and learn how to manage their conditions.
Hospital Discharge Torbay - To supporting people with timely discharge from Torbay Hospital with community activity.
PA Development - Project to develop the personal assistant market across South Devon.
Migration and Settlement (formerly Homes for Ukraine) - To support hosts and guests in Teignbridge in the Government Homes for Ukraine programme.
Household Support - To support delivery of the household support fund in Teignbridge for vulnerable people and families facing financial hardship.
Cost of Living - Enabling the voluntary sector and local communities across Teignbridge to support local residents impacted by the cost of living crisis.
Lower Limb Service - Wrap around support for people using the lower limb therapy service.
Self Neglect - Brokering services for people who are self neglecting.
- 26 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **16 Restricted funds**
**(Continued)**
SOFA - A community engagement tool.
Healthy Ageing - Government initiative encouraging over 50s to live well.
Adapted office equipment - Funding for office equipment for individuals with specialised needs.
A transfer of funds was made in the year from restricted funds to unrestricted funds of £3,046 in respect of capital purchases made under funding received for assets for unrestricted use.
A transfer from restricted funds to unrestricted funds in the previous year of £130,290 arose from the purchase of outcomes from CVS core activities.
There was also a transfer in the previous year of £21,176 from the Winter Pressures restricted fund to the Self Neglect restricted fund as agreed with the funder.
The Household Support Fund was in deficit at the previous year end because funding was agreed on a retrospective basis. Funding was received after the year end in respect of the deficit.
- 27 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **17 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Tangible assets
3,863
-
Current assets/(liabilities)
590,323
234,718
594,186
234,718
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Tangible assets
3,874
-
Current assets/(liabilities)
630,173
251,398
634,047
251,398|**Total**
**2025**
**£**
3,863
825,041|
|---|---|
||828,904|
||**Total**
**2024**
**£**
3,874
881,571|
||885,445|
- 28 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **18 Unrestricted funds**
The unrestricted income funds of the Charity arising through its activities are as follows:
|**Balance at**
**1 April 2023**
**r**
**£**
Designated reserve fund
72,000
Designated SOUP
3,104
Designated succession planning
5,000
Designated online training
-
General unrestricted funds
348,605
428,709|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**£**
**£**
-
-
-
-
-
-
-
-
283,240
(208,192)
283,240
(208,192)|**Transfers**
**Balance at**
**1 April 2024**
**r**
**£**
**£**
-
72,000
-
3,104
25,000
30,000
-
-
105,290
528,943
130,290
634,047|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**£**
**£**
-
-
-
-
-
(5,718)
-
-
198,188
(235,377)
198,188
(241,095)|**Transfers**
**Balance at**
**31 March 2025**
**£**
**£**
-
72,000
-
3,104
(24,282)
-
5,000
5,000
22,328
514,082
3,046
594,186|**Transfers**
**Balance at**
**31 March 2025**
**£**
**£**
-
72,000
-
3,104
(24,282)
-
5,000
5,000
22,328
514,082
3,046
594,186|
|---|---|---|---|---|---|
||||||594,186|
The purpose of the designated reserve fund is set out in the Trustees' report.
The purpose of the SOUP designated fund is to support people to invest in their own local community projects.
The purpose of the succession planning designated fund is to plan for future staff changes. A transfer of £24,282 was made from succession planning designated funds to general unrestricted funds in the year following the cessation of the fund. In the previous year, a transfer of £25,000 was made from general unrestricted funds following a review of the adequacy of the fund.
The purpose of the online training designated fund is to support this purpose and received a transfer of £5,000 in the year from general unrestricted funds.
- 29 -
**TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **19 Legal status of the Charity**
The Charity is a Company limited by guarantee having no share capital. In the event of a winding up each member agrees to contribute a sum not exceeding £1.
## **20 Related party transactions**
There were no related party transactions in the year. In the comparative period the Charity purchased resources from the Moorland Community Care Group of £33,882 in the period 1 April 2023 to 31 August 2023 for which Mr Robert Bradshaw, Trustee, also acted as a Trustee until 31 August 2023. All transactions were at market value.
|**21**
**Cash (absorbed by)/generated from operations**
(Deficit)/surplus for the year
**Adjustments for:**
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
**Movements in working capital:**
Decrease in debtors
Increase/(decrease) in creditors
**Cash (absorbed by)/generated from operations**|**2025**
**£**
(56,541)
(19,440)
2,267
8,824
26,117
(38,773)|**2024**
**£**
138,454
(13,122)
2,526
202,809
(11,380)
319,287|
|---|---|---|
- 30 -
TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025**
|**Income from:**
**Donations and legacies**
Donations and gifts
Grant income
**Charitable activities**
Project work and management
Training events
**Investment income**
Bank interest receivable
**Total income**
**Resources expended:**
**Charitable activities**
**Costs of operating**
Wages and salaries
Travel and subsistence
Printing, postage and stationery
Resources - Moorland Care Group
Resources - Totnes Caring
Resources - Volunteering in Health
Resources - Kingscare League of Friends
Resources - Dartmouth Caring
Resources - Age UK
Resources - Other
Share of support costs
Share of governance costs
**Net movement in funds**|**2025**
**£**
**£**
2,672
977,355
117,896
1,550
19,440
1,118,913
464,528
3,902
833
51,658
46,702
67,165
92,002
37,514
202,704
170,655
30,682
7,109
(1,175,454)
**(56,541)**|**2024**
**£**
**£**
-
1,156,688
176,948
1,210
13,122
1,347,968
412,545
3,063
640
66,459
53,000
76,918
120,296
43,555
184,213
207,664
33,548
7,613
(1,209,514)
**138,454**|**2024**
**£**
-
1,156,688
176,948
1,210
13,122|
|---|---|---|---|
||||**138,454**|
- 31 -
## **TEIGNBRIDGE COMMUNITY AND VOLUNTARY SERVICES**
## **SUPPORT AND GOVERNANCE COSTS FOR THE YEAR ENDED 31 MARCH 2025**
|**Support costs**
Support wages and salaries
Depreciation
Training and quality assurance
Advertising, recruitment and publicity
Telephone and broadband
Printing, postage and stationery
Insurance
Office equipment
Consultancy
Subscriptions
Sundry expenses
**Governance costs**
Audit fees
Payroll services
Legal and professional costs|**£**
5,940
1,080
89|**2025**
**£**
3,444
2,267
1,431
3,959
2,967
833
1,948
3,710
456
7,925
1,742
30,682
7,109
**37,791**|**£**
5,760
979
874|**2024**
**£**
3,569
2,526
1,266
7,605
3,003
640
1,882
7,360
-
4,066
1,631|
|---|---|---|---|---|
|||||33,548
7,613|
|||||**41,161**|
- 32 -