## **TIMEBANK PLUS ANNUAL REPORT 2024/25** 

**Despite significant difficulties with staff recruitment this year, we were able to maintain and extend a full programme of projects, groups and activities and to redesign and refresh our premises. The period ended with some excellent funding successes, the launch of several innovative new projects and a full complement of staff finally in place, ready to take all this forward.** 

April 2024 marked the beginning of a year’s maternity leave for our Community Projects Co-ordinator. During the year, despite several attempts, apart from a few months during the summer we were unsuccessful in recruiting maternity cover staffing. The progress and successes we have achieved this year are thanks to the hard work and dedication of remaining staff, our wonderful community of volunteers, Management Committee members, project participants and other local people. 

During the summer, our temporary staff member, aided by a great team of local people, did a wonderful job of redecorating the centre and changing the layout so as to maximise the amount of space available for local people and groups to meet there. This helped pave the way for a significant new project, the ‘Community Sharing Space’. This project aims to maximise the use of our centre, by opening it up to trusted local groups on days of the week when staff are not present. Our role is to offer the outreach, resources, guidance and support needed for groups of local people to set up and run groups and activities. 

We are very grateful to the Medlock Foundation and to Wessex Water which both provided funding towards this innovative new project. The first group to respond was a community music group – the ‘Django Jazz Club’, led by a longstanding Timebank member, offering local musicians the opportunity to have a go at playing and improvising simple jazz standards. 

We were also approached by a group of former participants in our 'Art for Everyone' Wellbeing College courses, who wanted to set up a weekly peer-led Art Group. As the size of the group was too large for our premises, we were able to support them in gaining free use of a local community venue. This group has been fantastically successful and well attended, with a great deal of mutual support, many strong friendships and a very active WhatsApp group. 

Other ongoing peer-led groups we have continued to support this year include the popular Bath Guitar Group and our longstanding online Creative Writing 



Group. Both groups help to nurture the creative talent of a range of people from beginners to more experienced players or writers. 

Our ‘Borrow It’ Library of Things was well used this year. As a free-of-charge service, it is particularly valued by members of the local community in and around the Twerton area, many of whom are impacted by low income levels. With a need to update and overhaul the collection of items, add further equipment and expand the available storage space we were delighted to receive funding from Bath & West Community Energy, which would pay for a project worker to put this into place. 

Twerton Lunch Club has continued to provide nutritious, hot lunches and a varied programme of activities each week to older people living locally. Most of the people attending the Club live alone and are socially isolated, and the Club provides a much-needed opportunity to get out and meet with other people. Many thanks to the Quartet Catalyst Fund, which supported the Club for a further year. 

The Timebank Gardening Team has continued to meet each week, providing gardening help to local people who are in need of assistance. This is a longstanding and much valued Timebanking service which enables us to 'give back' to people who have contributed their time and active participation in other aspects of our work programme. 

Other longstanding activities we have supported this year include the Allotment Group and our weekly FeelGood walks, led by a wonderful local Timebank member. 

With staff time in short supply this year, we reluctantly made the decision to discontinue our Food Co-op vegetable delivery scheme, at least for the foreseeable future. This project had been running for over 20 years, but numbers had dwindled and we were simply unable to provide the admin, outreach and marketing needed to maintain an effective service. 

One of our main priorities this year was to put time into building organisational capacity and resilience, in particular through effective fundraising and a restructuring of staff roles to facilitate successful recruitment. We are delighted to report that we were successful on both fronts. A big welcome to three great new members of staff: Nicky, Borrow it Co-ordinator, Louise, Project Support worker, and Mary-Jane, Lunch Club Co-ordinator. In addition to the funders we have mentioned above, we would like to extend our warm thanks and appreciation to the Postcode Local Fund and to the Roper Family Trust, who once again offered their generous support to our small charity. 

It remains to add a huge thank you to all the wonderful supportive people in and around the local community, who offer their time and become involved in our work in so many different ways. A special appreciation is due to our dedicated Management Committee and Trustees, who selflessly give their time and expertise to our small local charity. 










## **Additional Information** 

## **Contact details** 

Timebank Plus Ltd www.timebankplus.co.uk 86 High Street, timebankplus@googlemail.co.uk Twerton, Bath, BA2 1DE. 01225 442813 

Charity no. 1147665 Company no. 06716502 

## **Trustees** 

Duncan McGibbon Simon Horsman Nathan Gale 

Company Secretary Treasurer 

## **Other Management Committee members** 

Jo Salisbury (Chair) June Wentland Krystal Osmond Mary Fee Stewart Weston 

## **Structure & Management** 

The Management Committee, consisting of the Trustees and several other elected or co-opted members, meets approx 6 times per year (and no less than 4 times) to receive operational and financial reports, review progress and do future planning. The Management Committee are elected each year at the AGM, which is open to all Time Bank members. Up to three other people with relevant skills and experience may be co-opted onto the committee. 

## **Aims & objectives** 

## The overall aim of Time Bank Plus is: 

_To enhance community involvement and improve health and wellbeing in Bath & NE Somerset_ 

Working particularly with more disadvantaged groups and communities, our specific aims are: 

- _to stimulate volunteering within the local community_ 

- _to enable local people to gain and develop skills and confidence_ 

- _to facilitate local people in making healthy & sustainable lifestyle choices_ 

- _to enhance social involvement and promote understanding between different groups within the local community_ 

- _to stimulate the provision of volunteer services which help promote independence and improve quality of life_ 

- _to increase the capacity of people in B&NES to engage in their local community_ 

We do this by: 

- providing a brokered timebanking service, which enables local people to exchange services and skills on the basis of time 

- co-ordinating groups and activities which help build community involvement 

- providing learning opportunities which enable local people to develop existing skills or gain new ones 

- co-ordinating projects which help support healthy lifestyle choices and environmental sustainability 

- supporting activities which help to foster understanding between different groups in the local community 

- working in creative partnership with other agencies to develop and support community initiatives 

## **Reserves Policy** 

We aim to keep reserves totalling at least 3 months’ total expenditure plus 9 months’ rental cost 



TtME BANK PLUS
Income & Ex
Dditure Ateount for Y￿r ended 311t Marcb 2025
2023n4
2024ll5
Ineomt
Roper Rhodes
Quartet Community Foundation
Bathscape
Postcode Local Tntst
Wellbeing College
Other project funding
Food Co-op & Lunch Club (net takings)
Donation5
Other income
Total income
12000.00
7000.00
12(MN).(X)
14000.(M)
8373.75
8(X)O.00
4060.CK)
6875.00
1419.pl
457.44
724.60
325
55(Ki.00
1795.94
392.13
365.94
50427.76
28864.37
677.27
8040.86
553.85
974.37
184.60
2761.7S
194.79
161.08
195.5
4260
Staffing costs
Voluntcer expenses
Rent & services
Insurance
Postsge. IT & phonc
Non-stsff proj¢ci costs
Wellbeing College (net expenditure)
Olfice supplies & equipmeni
Payroll costs
Other expenditure
Total eipcndllure
22387.20
568.50
7760.22
560.86
1089.87
26.
627.68
20.00
155.68
125.
1007
Surylu￿(DefiQ1t) for tbe yeAr
17106.56
B*lane¢
beet It 3111 M
2025
2023124
2024125
50452.71
0072.30
40380.41
Totsl futsls at beginning of year
Sury)lusl(Deficit} for year
Tol•l fvnds #l end of yur
ReprueDted by:
40380.41
17106.56
5748
40325.42
54.99
40380.41
C&sh at Bank
Cash in Hand
57468.17
57486.97
Sundry creditors
Plus: s￿ debiors
40380.41
7486.97
9934.00
75(M).00
22946.41
Restri¢t¢d fijnds
D¢signated Funds
Unrestricted funds
23669.00
7000.00
26817.97
Board of Management
I have examined the alK)ve accounts, wbicb in accordance with the books and
records submitted to me, and in my opinion they are Correct.
Inde￿nt Examiner
'7..13.1
Lo

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs
report on the accounts
Section A
Independent Examinerfs Report
Report to the trustee￿ I
6kNJL
On accounts forthe year
Charity no
(rf anyl
11+7èL£
Sel out on pages I
I report to the trUst￿S rny •tsmination cl the ac£omts ol the
chaity (tre T￿￿n fry year WKled
R•sponslb511tles Ind As the charlty trustees of the Tnjst, you we responsible the yeparation of
basis of rrtport the accounts in acC￿darKe the requirements of the Charities Act 2011
(Ihe Acn
I rèport in respect d my examin8tth of the T￿￿t'S accounts carned out
under sectson 145 of the 2011 Act and in Car￿ng out my examination. I have
followed the apF4icth Diredions given by the Charty Commission under
secticm 14515>(b} of the Act.
I I￿ve ¢￿1￿￿eted my ex￿lIati'0n. I confimi that no material matters have
come to my attention (olher than that dtsckjsed beltrw") in connecbon wtth
the exarn1nth￿ gves me cause to believe that in, any material
respect..
accounting recxKds were not kept in ac(y)rdarKe with section 130 of
the Act or
the accounts do r¥)t accord with the acco￿1￿￿ records
Independent
examlnerfs statsment
I havè no ¢(￿ceMS arvj have come across no other matter5 in connection
wilh the examin*ion to attenti{￿ should be drawn in order to enable
Iper underst￿n9 of the accixjnts to be reached.
' Pkne (kkte words in the brnckets rfthey do not a￿y.
Slgned:
ts￿@[ ij Li i fLE wlc-C>J)
Relevant professional l E k , c r)1 p Aé .
qualification(sl or body |
(rf any): |

BA TF4
S+ G￿(-c-￿ fpf£o
AI IHZ
Section E
Disclosure
only (x)mplet& rf the examirEr needs to highlighl rnatters of cnncem (see
CC32, Inde￿dert examinabon ￿ chanty accounts: d1￿ctIonS and guidance
for examiners).
Glve here brief dotails
of any items that the
examiner wlshos to
disclose.
IER
October 2018

TtME BANK PLUS
Income & Ex
Dditure Ateount for Y￿r ended 311t Marcb 2025
2023n4
2024ll5
Ineomt
Roper Rhodes
Quartet Community Foundation
Bathscape
Postcode Local Tntst
Wellbeing College
Other project funding
Food Co-op & Lunch Club (net takings)
Donation5
Other income
Total income
12000.00
7000.00
12(MN).(X)
14000.(M)
8373.75
8(X)O.00
4060.CK)
6875.00
1419.pl
457.44
724.60
325
55(Ki.00
1795.94
392.13
365.94
50427.76
28864.37
677.27
8040.86
553.85
974.37
184.60
2761.7S
194.79
161.08
195.5
4260
Staffing costs
Voluntcer expenses
Rent & services
Insurance
Postsge. IT & phonc
Non-stsff proj¢ci costs
Wellbeing College (net expenditure)
Olfice supplies & equipmeni
Payroll costs
Other expenditure
Total eipcndllure
22387.20
568.50
7760.22
560.86
1089.87
26.
627.68
20.00
155.68
125.
1007
Surylu￿(DefiQ1t) for tbe yeAr
17106.56
B*lane¢
beet It 3111 M
2025
2023124
2024125
50452.71
0072.30
40380.41
Totsl futsls at beginning of year
Sury)lusl(Deficit} for year
Tol•l fvnds #l end of yur
ReprueDted by:
40380.41
17106.56
5748
40325.42
54.99
40380.41
C&sh at Bank
Cash in Hand
57468.17
57486.97
Sundry creditors
Plus: s￿ debiors
40380.41
7486.97
9934.00
75(M).00
22946.41
Restri¢t¢d fijnds
D¢signated Funds
Unrestricted funds
23669.00
7000.00
26817.97
Board of Management
I have examined the alK)ve accounts, wbicb in accordance with the books and
records submitted to me, and in my opinion they are Correct.
Inde￿nt Examiner
'7..13.1
Lo

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs
report on the accounts
Section A
Independent Examinerfs Report
Report to the trustee￿ I
6kNJL
On accounts forthe year
Charity no
(rf anyl
11+7èL£
Sel out on pages I
I report to the trUst￿S rny •tsmination cl the ac£omts ol the
chaity (tre T￿￿n fry year WKled
R•sponslb511tles Ind As the charlty trustees of the Tnjst, you we responsible the yeparation of
basis of rrtport the accounts in acC￿darKe the requirements of the Charities Act 2011
(Ihe Acn
I rèport in respect d my examin8tth of the T￿￿t'S accounts carned out
under sectson 145 of the 2011 Act and in Car￿ng out my examination. I have
followed the apF4icth Diredions given by the Charty Commission under
secticm 14515>(b} of the Act.
I I￿ve ¢￿1￿￿eted my ex￿lIati'0n. I confimi that no material matters have
come to my attention (olher than that dtsckjsed beltrw") in connecbon wtth
the exarn1nth￿ gves me cause to believe that in, any material
respect..
accounting recxKds were not kept in ac(y)rdarKe with section 130 of
the Act or
the accounts do r¥)t accord with the acco￿1￿￿ records
Independent
examlnerfs statsment
I havè no ¢(￿ceMS arvj have come across no other matter5 in connection
wilh the examin*ion to attenti{￿ should be drawn in order to enable
Iper underst￿n9 of the accixjnts to be reached.
' Pkne (kkte words in the brnckets rfthey do not a￿y.
Slgned:
ts￿@[ ij Li i fLE wlc-C>J)
Relevant professional l E k , c r)1 p Aé .
qualification(sl or body |
(rf any): |

BA TF4
S+ G￿(-c-￿ fpf£o
AI IHZ
Section E
Disclosure
only (x)mplet& rf the examirEr needs to highlighl rnatters of cnncem (see
CC32, Inde￿dert examinabon ￿ chanty accounts: d1￿ctIonS and guidance
for examiners).
Glve here brief dotails
of any items that the
examiner wlshos to
disclose.
IER
October 2018