REGISTERED CHARITY NUMBEI R: 1153450 RBPORT OF THE TRUSTBES AND UNAUDIThD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ENGAGING COMMUNITIES SOUTH WEST Barretts Chartsrcd Accounlants & Chartered Tax Advisers 22 Union Str¢ct Newton Abbot Devon TQ12 2JS
BNGAGING COMMUNITIES SOUTH WEST CONTBWtS OF THE FINANCIAL STATEMENTS for ihc Year Ended 31 m[Ch 2024 Page Report of the TrLL8I¢¢s I to 5 Indepelldent Exaniiner's Report Statemejjt of Financial A¢tiviti¢s Balance Sheet Notes to the Financial Stat¢ments 10 to 16 Detailed Statement of Financial Activities 17
ENGAGING COMMUNITIES SOUTH WEST REPORT OF THE TRUSTEES for the Y¢ar Ellded 31 Marcb 2024 The trust¢¢s presellt their report with the fancial stateinents of Ilie charity for the elided 31 Maicb 2024. The tsteeS have adoptsd th¢ provisions of Accounting and Reporting by Cbarities: Statement of Recommellded Pra¢ti¢e applicabl¢ to ¢]Jarities preparing their accouiits in accordallce with the Finlln¢ial Repoi'ting St&ndard applicable in the UK and Republic of Ircland (FRS 102) (eff¢¢live l January 2019). Respon8ibiliti¢s of the Trustees Cliarity law requii'es the TIst¢eS to prep&re fiiiancial sthtements for ¢a¢h fmaneial year which give a true and fair view of the st&te of tl)e affairs of the ¢liarLty. This is at tlie balance sheet date alld of 118 incoming resoui'ces [d application of i'esouites, in¢ludillg income and expellditur¢, foi tlie financial year. In prepuring those fillancial statements, the Trustees follow best practice Ed,, • select suitable &ccounting policieg and then apply them consist¢ndy •ob8erYe the methods and principles in the Charities SORP •m&ke judgements and estimates that reasonable and prudent prepar¢ the fillancial statements on the going concern basis unless it is not &ppiDpriate to assumt that the oharity will oontinue on that basis. Tlie Trnste¢s ar¢ respongibl¢ for nintaInIng proper &ccounting records wlii¢h diwlose with reasonable accw'acy at any tirlle the financlal position of the charity and which ellable them to ensure that th¢ financial statements comply with the law. The Trus¢¢s are also responsible for safeguarding the assets of the charity and hence t&king reosonable steps for the prevention and d¢t¢ction of fraud and other irregularities. Page I
BNGAGING COMMUNITIES SOUTH WEST REPORT OF TIIE TRUSTEE8 ror tbe Year End¢d 3 l Marcli 2024 OBJECTIVES AND ACTIVITIIiS Objectives alld alms Our Purpose Chan]pioning local people and comxnuniti¢s Our Vision An inclusive, innovative, and independent chainpion t.or thc aspirations of loc peopl¢ Our Missioll To h¢lp nllLke cornmunities Ii¢ard and enable icsponsive, person-celltr¢d solutions by transfonning tlie way loo seivi¢w are designed and deliv¢r¢d Our oiEanisational stateillent Engaging Comtnunities South West works to h¢lp comnllmities transform the way local gvIceS are designed and deliver¢d, by offeriiig engag¢ment, evp41uation, Communications support, digital suppoit, training and advice to the statutory, volulltary aiid plivate s¢ctors. Out strategic Themcs Community Voice - We deliv¢r projects that help people and cominunili¢s to nLake th¢ir voices Iieard Access and Empowennent - We deliver projects that empower people to have tnore control over thell own lives and improv¢s access to the seLvi¢e and support that they rt¢ed to livc well. Stralegi¢ Support - We support organisations to pl2, CoinUllIc&te, evaluate and improve projects and services through a person-ceiitre(L con]munity- responsive, and ¢vidence based éq)proach We vieW our aims, objectives tmd activities each year through our business plan. This ievi¢w looks at what w¢ achieved and tlie outcomes of our work An th¢ previou8 12 months. The rcvi¢w looL8 at the SucsS of each key activity attd the bcn¢fits they have brought to thos¢ groups of people we are set up to help. Tb¢ review a180 helps us ensure that our aims, objectives and activities remain focused on ow stated purposes. We have referred to the guidance contained in the Clwity Coinmission's general guidance on public benefit when reviswing ow aims and objectives and in planning our future activities. In particular, th¢ Trustees consider ILOW planned activities will contribute to the aims and objectives they hav¢ Set. Pag¢ 2
HEALT[wATcH TORBAY & ENGAQING COMMUNITIES SOUTH WEST LTD REPORT OF THE TRUSTEES for the Y¢ar Ended 31 Mai'ch 2024 OBJEI CTIVES AND ACTtVITIES Cliatr's Repoi't 202312024 During 2023124 'Healdiwat¢h Torbay & Engaging Communities Soulh West, ( previously a Company with Cliaritable stakns) ¢haoged its nam¢ to Engaging Conllnunilies Soudi West and converted to a Charitable Incorpoiated Organisation ( CIO) on 31 st January 2024. We continu¢ to maintain our orglS&tIon'S aims and objectives, We bave m¢t oiw goals regai'ding contractual target8 in organisational stNcture, working practices, and st&lceholder & paTtner ¢ngagemellL As wit]1 mkmy other organisations operating in the 8e¢tor, there have been issu¢8 0ulld recruitment and retelltion of staff. These are lai'gely beyond the control of the organi88tion. However, we are aware of tbes¢ ¢halleng¢s and hold tIt the pSS¢s on the orgallisation are manag¢able. Our st&tutory p&rtners are aware of oui. abilities and are increasingly &pproachin8 ECSW for advic¢ and assigtanee. Of particular import 18 th¢ organisation's leading role ill the voluntary and Community sector and we are now i'ecognised as an innovator in new forms of local statutory and Voluntary collaborntivc working. Taking on a l¢ading rol¢ with the Torbay VCSE Alli&llce has provided ECSW the Opportilty to work in coOp.tion and coorditwtion across tlie sector. This has enabled us to move beyoiid H long-established ¢ulture of competition and division. Such openne&s and niutual support also protnotes silo-br¢aking for the ben¢fit of all ow conununitiBs. This has further established our willingness and capa¢ity to take on Coinmissioned worl4 using our skills and exp1$¢ to gather seryAce user f¢¢dback' such as in a reconfigurdtion of services in Teignmoiith, our ellgagement with the Integrated Care Board, and worlc with Macmillan. Our provision of u Wellbeing Hub at Paignton Library, off¢ring advice, information and support to tlie whole community> has been a success. Wc will continue this woik with the Council ld intend to us¢ this as an example of good practice that catt be r¢plic&ted across the Bay and further afield, Consultation and engaEetn¢nt with residents continues, By engaging with our local communiti, we Gan be innovative and move beyond consultation by harvestiiig opinions to promote the co-design and co-delivery of health, social care and wellbeing services. Wc usc an ind¢pendent on-line rate and review systsm alongside oth¢r engagement tools to gath¢r local intelliggnc¢ and identify trends across health and social care provislon. Having established a reputation for Digital work, we expect th¢re to be additional opportunities to ellh&ll¢¢ this realtn in the cotning years, takiug fonvard illitiatives as our ¢ULTellt work lli car¢ hoines. We have been passing on any harve8ted data to tlios¢ in a p08itioii to makc positive change, in¢luditig TO¥1y and South Devon NHS Foundation Trnst, D¢voii PartncTship Trust, Care QLIty Commission, Li)cal Authority) Healthwatch England, One Devon ICB, and other key stakeholders. W¢ will continu¢ to promote our findings and rccomJn¢ndations to local, regional, and national decision-making platforms. We have accordingly seen our reputation grow significantly - locally, regionally and nationally - and believe that w¢ have nMd¢ a significant contributioii towards improving he<li & social care provision across Torbay and wider Devon. The Board of Trustees are fully informed of the opporLunities and rislcs to the organi8ation. W¢ are further cognisant of cballeng¢s, both short term and longer term, SpificalLY k]mund iiicreasing demand, the Changing landsc&pc amongst voluntary and 8tatutory partners, reductions ill th¢ availability of voluntcers etc, all of which may in]pact on securing adequat¢ future funding and resources for the organisation. W¢ are now in single-year fLmding auangeftnent for our Hcaltbwatch Contra¢L This ¢ontiiiues to engender instability and we have raised this short-tem]ism with our local audiority nacr8. While there is confidence that the remainder of the funding will be granted, we will press for more certainty, at least until the currettt contract comes to its conclusion. Page 3
HEALTI.IWATCH TORBAY & ENGAO]NG COMMUNITIES SOUTH WESI LTD REPORT OF THE TRUSTEES for the Year Ended 31 March 2024 OBJEI crivEs AND ACTIVIIIES To ¢stablisli a longer-term fullding bas¢ we have b¢¢n aotively involvcd in Healthwatch England's revi¢w of national funding arlangements and have supporled pioposals for & larger local Healtliwatch footprint, longer contracts and promot¢d independeiit govemkulce arrang¢menl's. Al a local level, F.CSW Boairf of Tiustee have d¢sign&ted a percelltsge of the Organis( ion's r£s#rv¢B to 'Business D¢v¢lopmellt Reserves, to help the org&isa11oll dev¢lop in the comiiig yekU%. Part of this r¢setve is beillg used to engage eXtert consullaiits to ieview the organisation's sttu¢ture, d¢veloprllent, 11i1¢rk¢ting in order to ell8Ulf further pn)gress. This has, to date, been of great bencfit and a fruitful cout3e of action foi all concern¢d. One of the eLY indications would benefit frotll a dedicated Business DeY¢lopJnent Manager aiid ECSW Board of Trustees will consAder moving tbis forWd during 24125. With our coinmitted and slcill¢d work force of staff and volunt¢a's we look forward to die coming year believe that we Can n]ake additioiial significant itllprovements for those individuals, commuiiities, and orgatlisations with whicli we work. PublAc benefit The ttustees are aware of the Charity Cornmission £uidaooe on public b¢nefit and regularly review a]J of the activities to ensure tiiat tliey do provide b¢llefLt to the public. FINANCIAL IiEVIEW Financlal r¢YieJv Against th¢ backdrop of liinited r¢sour¢¢s, insecuriti¢s over rullding, and the COVID-19 pand¢n]ic, the Charity ontinues - with the support of the Trustee&, staff and volunteers - to deliver against its ¢haritable aims and objcctives and m¢et its obligations urtder all project contracts throughout th¢ year. The principal funding for the Clwity has been receivpAI from th¢ Local Authority by way of Grants to core work of He£lthwatch. Additional monies hav¢ been r¢¢eived throughout th¢ year to deliver projects for spe¢ifi¢ targeted pieces of comtnissioned work for various st&kehold¢rs Reserves policy TkL¢ Board of Trustees examined th¢ ChaTity'8 requirements for reserves considering the main risks to the organisation. It has established a policy whereby the unrestricted fund, not committed or invest¢d in tgible fixed as8¢ts held by the ¢harity? should b¢ a millimum of 3 months of ¢or¢ ¢xpendithre. STRUCTURE, GOVERNANCI AND MANAGEMENT Governing document With effect from 6th March 2024 Lhe organisation converted frotll a charitable conwany limit¢d by guarantee to a Foundation Charitable InGorporat¢d Organisation. The origitml company was incorporat¢d on 9th February 2013 and r¢gisteted as a Charity on 16th August 2013. The organisation's name was changed on 6th March 2024 to Engaging Conllnuniti¢s South West having previously been nam¢d Healthwatcb Torbay & Engagitig Communities South W¢st, Page 4
ENGAGING COMMUNITIES SOUTFI EST REPORT OF THE TRUSTEES for the Year Ended 31 Marcli 2024 STRUCTUREI, GOVERNANCE AND MANAGmENT Org811isfitional structure The organisation must have a tninimum of 3 Tru8tees with no inaximum llumb¢r. They m¢¢t quart¢Tly and 'e lespo1ib1e foi. tlie stratcgic direction and policy of the charily. The Tiustees com¢ from a variety of pi'ofessional background5 relevant to tlie work of the ¢harAty. A 8ch¢ine of delegation 18 in place and day to day reSponsi111ty for tl)e provision of the seivices r¢sts with die Chief Bx¢cutive. REFERENCE AM) ADMINISTRATIVE DETAILS Reglstered Chirity number 1153450 Regtstei'ed offi¢e Paignton Library & Infomiatio Great Western Road Paigntoll Devoll TQ4 SAG Trustees Dr IC DAxon Chainnan Mrg P Teague AL Tidy Mr8 L J Parkin J Hui (appointed 12.9.23) Charity Secrelary Mrs P HariAS Independent li xAminer I P Barrett FCA FCIE Barietts Charter¢d Accountants & Chart¢red Tax Advi8¢rs 22 Union Street N¢wton Abbot D¢von TQ12 2JS Approvoj by wder of the board of tnTStees on i ith S¢pt 2024 and signed on its behalf by: Dr K Dixon - Trustee Page 5
INDBPENDENT EXAMINER'S REPORT TO THE TRUSTBES OF BNGAGING COMMUNITIES SOUTH WEST Independent examllner's report to the trusl'ees of Engaging Communlties South West ('the Cb8rity') I report to the cliarity trustees oli my ¢x&niination of the &ccounts of the Charity for lh¢ year ended 31 March 2024. Responsibilities and basis of report As the CbLty,8 trust¢¢s you are rcsponsible for thc preparation of the accouttts in accordance with the iequiirments of the Charities Act 2011 ('Ihe 2011 Act?. H&ving satisfied n]ys¢l£that tlie accouiitg of the Charity are llot required to be audited and eligible for illdependent examin¢11ion, I repolt in i¢sp¢ct of rny examillation of your Charity's accounts as carried out uiider Stion 145 of the Charities Act 2011 ('th¢ 201 l Act'}. In Carrying out iny examination I hav¢ followed the DiiEctions given by Ihe CIiEirity Conimission under Scctioll 145(5) (b) of the 2011 Act. Independent examAncr'$ statement Since youi ¢haritiOs gross incolne ex¢¢eded £250,000 your exan]iner must b¢ a ixember of a listed body, I can ooiifirm that I am qualified to Ulldcrtake the ¢xamination because I tun a m¢nther of the Institute of Chartercd Accountants in England and Wales, which 18 one of the listed bodi¢s, I have coinpleted my examination. I confirAn tl)at na nwtters have com¢ to my attention in connection with the exatninatloll giving me caus¢ to believe: accounting records w¢r¢ not knpt in respect of th¢ Charityj or the a¢¢ounts do not accord with those records. or the COUnts do not comply with the accounting requir¢nents of The Act other than requirement that thc accoun18 give a tt'u¢ and fair view wliich is not a nmtter considered as part of all llidep¢ndent exarniiiation. OT the accounts bave not been prepared in accoi(lance with the mcthods and principles of the Staternent of Recon]mended Practic¢ for accounting and reporting by charities (applicable to charities preparing their accounts iti accordanc¢ with the Financial Reportitig Standard applicable in the UK and Republic of Ire1]d (FRS 102)). I have no ¢onc¢rns and have come acwss no other malt¢rs in (x)nn¢ction wilh the examination to which attention should be drawn in this report In ord¢r to enable a proper understanding of di¢ accounts to be reached, I P Barrett FCA FCIE Barretts Chartered Accountallts & Charred Tax AdvAsers 22 Union Street Newton Abbot D¢von TQ12 2JS Dat¢: 12th September 2024 Page 6
ENGAGING COMMUNITIES SOUTII WEST TATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPBNDITURE ACCOUNT foi. tlie Year Ertded 31 March 2024 2024 Total funds 2023 Total ruiids Unrestricted nds Restricted funds Notes INCOME AND NDOWMEI NTS FROM Donations ld legacie8 310,330 84,741 395,071 334,768 Inv¢8tmellt ittoojne 500 soo 297 Tot41 310030 395071 335,065 EXPENDITURE ON CharAtable acÉlvitie$ Cliarity 291271 125,389 416 660 322,489 NET INCOMEI(CXPENDITURE) Transfers behveen funds 19,559 (40,648) (21,089) 12,576 10 Net movement In fund$ 18,047 (39,136) (21,089) 12,576 RECONCILIATION of4 fiUIWS Total fun(ts brought forward 218,523 108,593 327,116 314,540 TOTAL fiUNDS CARIiIED FORWARD 236 570 327,116 The not¢s form part of the financial statetnents Page 7
BNGAGING COMMUNITIES SOtrrH WEST BALANCE SHEET 31 Marcli 2024 2024 rotal funds 2023 Total fulld8 Unrestricted funds Restricl'¢d fullds Notes CURIiENT ASSETS Debtors Cash at bak and in h&ud 7,898 265 792 7,898 335,249 15,259 339,695 69,457 273,690 69,457 343,147 354,954 CREDI'fORS Amounts falling due witliin ono year (23,646) {23,646) (14,364) NET CURRENT ASSETS 250 044 69,457 319 $01 340,590 TOTAL ASSEI TS LESS CURRENT LIABILITIEI S 250,044 69,457 319,501 340,590 PROVISIONS FOR LIABILITIKS (13,474) (13,474) (13,474) NET AsSTs 236 570 69,457 306 027 327,116 FUNDS UDrostrict¢d funds Restricted fuLd8 io 236,570 69,457 218,523 108 593 TOTAL FUNDS 306 027 327,116 The fmancial statements were approved by the Board of Trnst¢es and E4Uthoris¢d for issue on i ith S¢pt 2024 and were signed on its belLalf by: K Dixon - Trust¢¢ Th¢ llotes fonn part of these financial statetnents Page 8 colltinued.,.
The not¢s form part of these fin&ncial statetnents Page.9
BNGAGING COMMUNITIES SOUTH WEST NOTES TO TI.IE FINANCIAL STATEMENTS for lh¢ Ye&r End¢d 31 .¢1} 2024 ACCOUNTING POLICIES Basis of pi*parillg Ihe financi&l stAtewents Tlie finan¢i2< I gtatcments of tbe charitable company, whicli is a public benefit entity under FRS 102, havc been pr¢pared in accoi'dance with the Charities SORP {FRS 102) 'Aocounting aThd Roporling by Cliarities.. Stat¢rnetkt of Reeomn]eiided Practice applic&ble L'o charities preparing tlieir &ccounls in 1¢ ¢oordance witb the Financial R¢portlllg Standard applicable in th¢ UIC and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reportiiig Standard 102 'The Financial Reporting Starndd applicabl¢ in the UK and Republic of Ireland, and the Charities Act 2011, The fmancial sttttements have be¢n pr¢pared under th¢ Iiistorical cost convetLtion. In¢ome All income is ieoognised in the Statement of Financial Activities once tli¢ ¢harity Iw ¢ntitlemeiit to the fijnds, it is probabl¢ that the incom¢ will be r¢ceived and the aOllt can be Ineasur reliably. Expendltur¢ Liabilities are recognised as ¢xpeThditure as soon as there is a legÉLI or constructive obligation coinmitting the charity to tliat expenditure, it is probabl¢ that a transfer of econoinic bencfits will b¢ required in s¢ttlement and the amount of the obligation can be tll¢asured reliably. Bxpendituie is èw¢ounted for on an accrnals basis and has b"¢en-cla&gifredThuderhgadingwth&t aggregatc-all cost related40-the-¢ategory-.-Wlier¢.GOSt8 cannot-be dll¢¢tly_ attributed to particul headings they have be¢ll allocated to activitics on a b&sis consistent with the use of resources. TaxAtioTh The charity is exernpt from Corporation tax on its charitable activities. wid accounting Unrtttricted funds can be used ill accordajjce with the cliaritable Objectiv at the discretion ot the trustees. Restricted funds can only b¢ used for particular restricted purposes wid)lll th¢ objects of th¢ charity. R¢striclions arise whell specified by th¢ donor or when funds ar¢ rdised for pticular restricted pwposes. Further exp1altion of the natur¢ tmd purpose of each fund is included in Ihe rtotes to the fll]aneial stst¢ments. Pension costs and other post-retirement beneflts The charity op¢rates a defined contribution pension scheme, Cootributions payable to the charity's pension scheme are charged to the Stat¢ment of Financial Activities in the period to which they relat¢. INVESTMENT llYCOME 2024 2023 Deposit account interest 500 297 Pag¢ 10 ci)ntinued,..
BNGAGllqG COMMUNITIES SOUTII WEST NOTES TO THE EINANCIAL STATEMENTS - continued for tile Year Ended 31 Marnh 2024 TRusTS, RETrtUNEIiATION AM) BENLI FITS Tbere w¢ie no ts'ustees, i'emunffl'ation or other benefits for tbe year ellded 31 March 2024 nor foT tlie year ended 31 March 2023. Triistee$' expenses ExpellS&8 of £202 (2023:£322) lll total were reimbursed to on¢ (2023: one) ttust¢¢ during th¢ year, STAFfi COSTS The average monthly number of ¢rnployees during the year was as follow8,, 2024 io 2023 AdtninisEration and projeAt staff No employees received emoluinents in excess of £60,000. The chlty Operat & defined Contribution pension scheme. The pension cost rq)resents the contribution payable by the clwity to the Scliee and arnountsd to £21,266 (2023.. . £19,717). COMPARATIV FOR THE STATEMENT OIT FINANCIAL AcfivITIEI S- YEAR TO 3110312023 Unrestricted funds Restsicted fijnds Total funds INCOME AND EM)OWMENTS fiROM Donations and legacies 176,684 158,084 334,768 Investmfflit income 297 297 Tot 176,981 158084 335,065 I XPENDITURE O Ch&rit*ble activitie8 ChArity 236,041 86,448 322 489 NET INCOMEI(EXPENDITURE) Transfers between fund$ (59,060) 71,636 12,576 Net movement In funds (60,341) 72,917 12,576 RECONCILIATION ofi fi UNDS Total lld8 brought forward 278,863 35,677 314,540 TOTAL FUNDS CARRIED fiORWARD 218 522 108,594 327,116 Pag¢ll coiitlllued..,
ENGAGING COMMUNITIES SOUTH WBST NOTES TO THE FINANCL4L STATEMENTS - continucd for the Year Ended 31 March 2024 DEI BTORS: AMOUNTS FALLING DU£ WITHIN ONI YEAR 2024 2023 Trade dobtors 15,259 CREDITORS: AMOUNTS FALLING DULI WITHIN ONE YEAR 2024 2023 Trade creditors 23,646 14,364 PROVISIONS FOR tJABILITILI S 2024 2023 Provisions 13,474 The provASLon of £13,474 relates to an adinission agr¢¢ment between he charity) Devon County Council and Torbay Borough Council regarding poteiitial pension liabilities for employees of the olwity, previously employed by Torbay Borough Council to remain in the 8cbem¢ athninistered by Devon County Couttcil. At tlie date of the admission agreement the &ctharial rislc exposwe was £13.474, an amount that the chlty has to hold in an a¢couttt under thc control of all three bodies. Page 12 coiitinue(L..
ENGAGG COMMUNITIES SOUTH WEST NOTES TO THE FINANCIAL STATEMENTS - continued for tli¢ Year Ended 31 Mèurh 2024 MOVEMENT IN FUNDS Net Illoveiiient in funds Trnnsfers between fld8 At 31.324 At 1,4.23 Unrestrieted (unds General fulld Business Developinent ReS'Ve Core Cost& Res¢ive 105,273 45,000 30,124 (10,565) (1,512) 133,885 34,435 218,523 19,559 (1,512) Restricted funds Insite TSDFT Paignton Library 236,570 13,758 13,758 28,186 13,408 17,777 7,132 1,033 156 (24,129) (13,408) (17,777) BAME Torbay Council Racistn Revxew Digital NHS Charities Together Whole Home Healing ToTbay Macmillan HWDTED ToTbay Council COMF Digital Ce Home Resident Wellbeing South Digital Inclusion Coordinator Digital EHCH Befriending Pilot Care Home Network Healthwatch Torbay Teignmouth Stakeholder Group Torbay care Strategy 24 Awards for All Digital 4,057 7,776 (756) (1,789) (156) 3,103 27,844 1,648 7,170 1,136 9912 {27,844) (341) 13,015 IJ07 7,170 4,898 900 3,762 900 (1,512) 17,332 1,512 17J32 108 593 lJ12 TOTAL FUNDS 327,116 306,027 Page 13 continued...
ENGAGLNG COMMUNITIES SOUTH WBS'r NOTES ro rFIE FINANCIAL STATEMENTS - continued for the Y¢ar Ended 31 Marcli 2024 MOVEMEIYT IN fiJNDS - Continued N¢t rtLovemellt in funds, includ¢d in the abov¢ ar¢ as follows.. Incoming resources Resouices expcnd Movement Ill funds Unrestricted funds G¢n¢ral fund Business D¢v¢lopment Reserve 310,830 {280,706) 30,124 10,56 310,830 (291,271) 19,559 Reslrl¢ted funds lllsite TSDFT Paigntoll Library 14,000 (242) 13,758 (24,129) (13,408) (17,777) (1,356) (19,048) (1,853) (3J75) (24,129) (13,408) (17,777) 644 (1,789) BAME Toi'bay Council Racistn Review Digital NHS Charities Tog¢th¢r Ivholc Home Hoaling Torbay Macmillart Standing Tall HWDTED Torbay Council COMF Digital Car¢ Home Resident Wellbeing South Digital Inclusion Coordinatffl. Digital EHCH Befriending Pilot FIealthwatch Torbay Good Things Foundation Digital Health Devon Website Teignnlouth Stakeholder Group Tothay Carers Strategy 24 Awards for All Digitsl 2,000 17,259 1,853 3,219 (156) 18,002 (8,090) {27,844} (341) 9912 (27,844) (341) 3,762 3,762 4,750 900 (4,750) 900 (1,512) 17,332 (1,512) 1,664) 84,741 125 389 40,648 TOTAL FUNDS 395 571 416,660 Page 14 continued...
NGAGING COMMUNITIBS SOUTH WEST NOTES TO THE FINANCIAL STATEMENTS - continued for tlie Year Ended 31 m'cli 2024 MOVEMCI NT IN FUINDS - continued Comparatives for movemenl. in funds N¢t tnov¢ment in funds Transfers b¢tween nds At 31.3.23 At 1.4.22 Unreslricted funds General thnd Business Development Resfflv¢ Core Costs Reserve 171,453 39,160 {44,385) (14,674) (21,795) 20,514 105,273 45,000 68,250 278,863 (59,059) Re$tvlcted funds Paignton Library (1,281) 218,523 20,000 10,000 5,677 8,186 3,408 12,100 7,132 1,033 (145) 156 BAME Torbay Coullcil Raoisrn Review Digital NHS Charities TogeLh¢r Whole Home Healing Torbay Macmillan Standing Tall HWDTED Torbay Couiicil COMF Digital Care Home Resident Wellbeing South Digital Inclusioll Coordinator Digilal EHCH Befriendxng Pilot Care Home Network Healthwatch Torbay 28,186 13,408 17,777 7,132 1,033 145 156 3,103 27,844 1,648 7,170 3,103 27,844 1,648 7,170 1,136 35,677 71,635 108,593 TOTAL fi ULYDS 314,540 327 116 PaEe 15 continued..
ENGAGING COMMUNITIES SOUTI.I WBST NOTES TO TE4E FINANCIAL STATEMENTS - continued for the Ycar Ended 31 March 2024 MOVEI MENT IN FUNDS- condnued Comparativo net movement in funds, illeluded in th¢ above ar¢ as follows., Incoming r¢sources Rcsources exp¢nded Movmi¢llt in fiinds Ullrestricted funds Gener&1 fund Business Developmfflit R¢serve 176,981 (221,366) 14,674 (44,385) 14 674) 176,981 (236,040) (59,059) Ilestricted tunds Paignton Library {10,987) (16,292) (14,518) {1,868) (6,106) (145) {2,293) 8,186 3,408 12,100 7,132 1,033 (145) 156 BAMB Torbay Couiicil Racism Review Digital NHS Charities Togetlier Whole Home Healing Torbay MMiLlan Standing Tall HWDTED Torbay Council COMF Digital C&r¢ Home Resident Wellbeing South Digital In¢lusion Coordinator Digital EHCH Befriending Pilot Cèu¢ Home Network 19,700 26,618 9,000 7,139 2,449 17,OtM) 46,205 3,600 (13,897) (18,361) (1,952) 30 3,103 27,844 1,648 158,084 71,635 TOTAL FUNDS 322,489) Restt'icted funds relate to specific t&rgeted piece5 of commissiolled work with yloUS stak¢holders undertaken throughout the year. io. RLI LATED PARTY DISCLOSURES There were no Telat¢d party ITansactions for the year ¢nd¢d 31 March 2024. ii. ULTIMATE CONTROLLING PARTY Th¢ charity is under th¢ ultimate cotLtrol of the lThtee8, Page 16
ENGAGING COMMUNITIES soufH WEST DETAILED STATEMENT or FINANCIAL ACTIVITIES for tlie YeaT Ended 31 Marcli 2024 2024 2023 INCOME AND EI NDoWMNTs Donatfons and legaeles Gifts GItS Donated sei'vices and fa¢iliti¢s Core costs reeoveted 321,804 4,799 68,468 272,873 395,071 334,768 Investment Ineome Deposit account ititerest 500 297 Total Inconjing resources 395,571 335,065 I XPENDITURE Chariknble actlvltlas Wages Social security Peiisions Insurance Telephone Postage and stationery Sundries Projects and research Statytruining Staff truvel Computer software and maAntenanc¢ Meeting room hirelr¢freslnentS Tnte¢ expenses R¢pairs and renewals Business development RcnL rates and servic¢ charge H R Support 155,347 11,503 21,266 2,531 2J05 1507 2920 177,421 145,313 13,968 19,717 1,498 3,794 581 668 93,576 1,189 1,942 3,721 717 322 102 14,674 11,761 1,495 980 8,556 110 202 561 10,565 11,794 409,367 315,038 Support costs Flngnce Bank clMrg&8 132 53 Governance eosts Accountancy and legal f¢¢8 7,398 Tothl resources expended 322 489 Net (expenditure)lin¢ome 21089) 12,576 This page does not fomi part of the statutory financial statements Page 17