Charity registration number 1153760 (England and Wales) GLOUCESTERSHIRE VCSE ALLIANCE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
GLOUCESTERSHIRE VCSE ALLIANCE LEGAL AND ADMINISTRATIVE INFORMATION Trustees A. Mulla J Brown J Wizard J Reader-sullivan K Boulting-Hodge K Lawton M Dunford (Appointed 22 January 2025) (Appointed 22 January 2025) (Appointed 22 January 2025) (Appointed 16 April 2025} Charlty number (England and WaloB) 1153760 Prlnclpal addre88 Suite 4 Abbey Terrace Winchcombe GL54 5LL Independent examlnor Nlcholas Blshop FCCAACA Unlt 3 Ambrose House Mat8or Court Barnett Way 88mwood GIouc8sler GL4 3GG Bankern Trlodos Bank Dean8ry Road Bristol BS15AS
GLOUCESTERSHIRE VCSE ALLIANCE CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Statement of cash flows Notes to the financlal statements 9-16
GLOUCESTERSHIRE VCSE ALLIANCE TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in ac¢ordan¢e with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document. the Charities Act 2011 and "Accountlng and Reporting by Charities.. Statement of Recommended Practice applicablo to charities praparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commen¢lng from 1 January 2016) Objectlves and actlvllles Th8 VCS Alliance's object is the promotion of th8 voluntary sector in Gloucestershire by the provision of information, advice and services. This Is with the alm of extending th8 activities of the voluntary s8Ctor and increaslng its efficiency, effecliveness and quality. By the voluntary sector, we mean Charities and voluntary organisations. Charities are organisations which ar8 8Stabllshed for exclusively charitable purposes In accordance wlth the law of England and Wales. Voluntary organisations are Ind@pendenl organisations which ara 8Stablish8d for purposes that add value to th6 community as a whole, or a section of the comrnunity, and which are not permitted by their constitution to make a profit for privat8 distribution. Voluntary organisations do not include local government or other statutory authorities. The VCS Alllance aims to facllitat8 communication betsveen GIouc8Stershire's voluntary and community sector {VCSl and policy mak8rs and commlsslonlng bodies in Gloucestershlre. It aims to ensure effective consultation with the county's voluntary and community sector by th8 publlc sector, to create eff8Ctive mechanisms for partnership worklng through themallc forums, as well as to produce the county's funding and informatSon bulletlns. The trustees have paid due ragard to guidance issued by the Charity Commission in d8ciding what activities the Charity should undertake. Publlc beneflt In plannlng the ¢harlty's activities for th8 year the trust8es kept in mlnd the Charily CommS$slon's guldance on publ1¢ benefit. The focus of the charlty's actlvltles durlng the year, which explalns the d8llv8ry by the charity of publ1¢ ben8flt, is set out above under 'objectives and activities, and below under'achievements and performance,. A¢hlevernent8 and performance Go Volunteer Glos The Go Volunteer Glos platform continues to be an important and successful workstream for GIoustersh]re VCSE Alliance. At March 2025, the number of organisalions registered with the platform was 500 (up from 362 in March 20241 and the number of volunte8rs r8gistered was 4,463 (up from 2,067 in March 2024). In June 2025 we hosted the second annual GIoustershir8'S Volunteer Awards, wlth over 210 volunteers and support staff from across Gloucestershire joining us to C818brate the incredible positive impact that volunteering has on our county- With high-profile pr8s8nt8rs from Gloucest8rshire's VCSE and statutory S8Ctors, the event was a huge success with 1 OOVO of feedback received agreeing Ihat the cerèmony was °a fitting tribute to th8 Incredible generosily of spirit of Gloucestershire's volunteers.. With a new strategy for 2025-2030, we intend to increase the value and engagement of the Go Volunleer Glos plarform by increased 8ngag8ment with students, older people and the private sector. Learning and Development Thls year we continued to respond directly to the n8eds of the sector. Investlng in our training and development role. we aimed to equip individuals and organisations with the skills, confidence, and neorkS needed to respond lo challenges, influence change, and create lasting impact. Our focus has been on fostering inclusive, collaborative, and resilient leadership and organisations that supports the growth and sustainability of the sactor. This year we delivered tralning and development in th8 following areas:
GLOUCESTERSHIRE VCSE ALLIANCE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Fundralsing With a focus on fundraising support, in 202415 we provlded Grants and Fundraising Training in each of th8 slx districts offering 300 training places. Support for small and micro-organisations w8r8 supported by a further hyo bespoke courses offering 60 training pla$ In total. In addition. we offered on-towone support to 137 organisations. Emerging Technologies To support the sector on technological Ghange and risk, we delivered training session on Artificial Intellig8nc8 and Cyber Security offering 180 training places. strategic Leadershlp and Development We continued th8 Trustee Refresher Programme. supportlng Trust888 wlth training in best practice on Issues including soclal value, strategy, governance, finance, and how to handle grievances. Equity, Diversity and Incluslon (EDI) Working wlth local and national experts, we dellvered Iw81ve sesslons on th8 protected char8Ct8ristics of th8 Equality Act and best practice guidelines devoted to EDI offering 100 training places. W8 cr8ated an EDI newslett8r to continually update the sector and cr8ated a Peer Network framework for individual to dlscuss challenges, find solutions and work in partnership. Communlcatlon We delivered the second Social Medla Academy offering 100 places for organisalions to learn ways in which social media can be used lo build capacity and connection. Human Resources We offered two training sessions r81ating to current trends and leglslatlv8 requlremenls offering 150 training places. In the next year we plan to contlnue our ambitious programme of training focussing on lead8rship and management developmenl, climate change, workplace wellbeing, trustee dev81opment, communlcallons. fundralslng and emerging models of governancè. With a new EDI(B) strategy we will be offering a suite of sessions to support inclusive organlsatlonal development and service delivery. Repr08entatlon and Advocacy We continu8d to strength8n accountable representstion for Gloucestershlre, ensuring that the VCSE sector has a Clear and influential voice in publlc sector forums. ThSs work included supporting 20 representatlves across a rang8 of boards and working groups, as well as continuing to host the sector's 818Ct8d body, the Gloucestershir8 VCSE Strategic Partnership. Over the past year, the Partnership has convened a serles of roundlable events to foster stronger relationships betW88n VCSE leaders and to identify the strategic issu8S that matter most to them. As a result, In 2024125 the Partnership focused on three key areas: Commi$$lonlng - Examining why local authorlty Commissioning processes are often misaligned with the capacity of the VCSE sedor to respond, and developing proposals for a more creative, accessib18 approach to commissionlng. VCSE Infrastructure Working with Ihe Integrated Care Board to help shape a new mod81 of Infrastrudure support for the sector. Communication Promoting a positive narrative about th8 VCSE sector In Gloucestorshire by sharing good practice and publishing case studies that showcase the excellent work happening across the county. Partnershlps & Inslght In the past year. we have deepened our collaboration through several key partnershlps, each designed to amplify the VCSE sector's voice and build capacity and skills. Conversatlons for Change In collaboratlon with the Integrated Care Board, we ar8 developing a programme that str8ngthens the skills and confidence of frontline VCSE staff to hold supportlV8, constrLECtive Conversations with people seeking to build healthier lifestyles. This preventative approach directly supports the NHS'S 10-year plan. placing early intervention and wellbeing at the heart of service delivery.
GLOUCESTERSHIRE VCSE ALLIANCE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Short Breaks We Continue to deliver Tha Short Breaks Programme In partnership with Gloucestershire County Council and Barnwood Trust. Thls work is reshaplng short break provision for disabled children and young people, ensuring services are more incluslve and responsive to the needs of families in Gloucester. North Cotswolds and Tewkesbury. The project also provides valuable leamlng that will inform future commissioning and procurement at a county level. Summerfield Communlty Ch8St Th6 Summerfield Community Chest is a partnership with th8 Summerfeld Trust and key VCSE organisations. It is focused on drawing investment into the sector through six agreed themes: A Connected Socialy, Agelng W811, Arts and Culture, Children and F8mllies, Cllmatè and Nature, and VCSE infrastructure. Over the past y8ar, we completed the Children and Families strand wlth a landmark £1 m award dlrected towards Early Years and Family Support across Gloucester, Forest of Dean and Tewkesbury. Significant progress has also been made in the Agelng Well, Connected Communities and Arts and Culture themes, laying strong foundations for further investment in the coming year. Feedlng Glos Since August 2024, w8 hav8 provided support to Feeding GIouc8Stershir8, a mlcro organisation that alms lo empower people to 8at W811. Ilve well, and feel connected, with Ihe mission that 'everyone In Gloucestershire has equal access and ¢hoice of a sufficient quantity of afftjrdable, nutritious food 8t all times" We currently offer Feeding Gloucestershire a flexible package of backwoffice support, including governance, marketing and communications, financial management, and HR. In8lght Over th8 past year, our insight work has further evolved to support two core alms: using data to advocate for the VCSE sector and helping organisations with strateglc planning. We now maintaln two Interactive data dashboard5, enabllng both VCSE organisations and slalutory sector partners to collect, analys8, and benchmark data on Gloucest8rshire's charities. These tools have been widely used and positively r8ceiv8d. In addition, we have used our data and insSghls to publish the State of th8 S8Ctor Report and the Charity Data Insights Report, alongside blog posts and Sector Briefings, providing tlmely Informatlon to guide decision-making across Ihe sector. We have also stsrted work on strengthenlng our Internal data Systems, implementlng processes to ensure consistency and reliablllty of data across the organlsatlon. Plans for tha Future 2025126 is an exciting year for GIouc8Stershire VCSE Alliance as we embark on our new 5-year strategy, pursuing our aims of: EDI (B) Glouceslershire VCSE Alliance is embarking on an ambilious programme of activity to dellv8r our EDI{B} strategy. The work will contain elements of training, Collaboration, partnershlp development and learning, all in pursuit of our vision for a fairer, more inclusive Gloucestershire. Training and Dev81opment We will contlnue to build on th8 great success of our training portfolio to off8r the very best development opportunities to the VCSE sector. This will be a combinatlon of strategic and praclical trainlng that impacts both leaders and frontline staff. Data and Insight We will build on last year's data and insight work to scrutinisa govemment policy and social trends and analys6 th8 impact, actual and polenlial, on the VCSE sector. A big growth area for this work will be reacting to new information and provlding commentary through our sector insight bulletins. We aim to support th8 Sector through developing high-qualily analysis allowing the sector to react wlth confidence and spe8d. Supporting systems change This next year will see unprecedented change wlthin the Public Sector with both the ICB and Local authorities hanging their footprint and service delivery model. We want to be a part of that change and support colleagues adapt to the changing environment in a way that is positlV6 and gives communities the best services possible.
GLOUCESTERSHIRE VCSE ALLIANCE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 At the core of these changes is a push for higher levels of publlc and community involvement in decision making, as well as a push to reorganise services around a plac8-based footprlnt. The VCSE has a huge ro18 to play within these changes both strategically and operationally. We have forged great relationships wlth Publ1¢ Sector colleagues and have the trust of the VCSE, our ambition over the next year is to support all sectors to work together effectively in the interests of Gloucestershire's residents. Back-office sUPPOrt We believe high quality infrastructure is needed at both a strat8gic and oparatlonal level. Most of our VCSE organisalions are small and micro and requlre a different service offer from our traditional user bas&. W8 hav8 listened with the intent of SLtpporting the whole and arè developing a project hosting offer wher8by organisalions can benefit from our back-offic8 SUPPOrt. This wlll Include payroll, volunteering support. training, marketlng and fundlng advice. Reserves statement It is the policy of the trustees to hold an appropriate level of reserves to ensure that the Gloucestershlre VCS Alliance is ab18 to continue to operate in th8 event of an interruptlon to its income streams and to wind down its operations in a Controlled manner should such an action be deemed ne¢8ssary. Further. it is the policy of the trustees to keep the level of reserves under review-throughout the y&ar. Major rl8k8 The Irust8es have assessed the major risks to which the Charity is 8xpos&d, and are $8tlsfi8d that systems are in place to mitigate 8xposur8 to the major risks. Structure, governance and management The Charity is a Charitabla Incorporated Organlsation governed ils constitution. The trustees who served durlng the year and up to th8 date of signature of the flnancial statem8nts were.. C Ray MBE (Resigned 5 March 2025) J Hopkins {Resign8d 5 March 2025) E Grlffilh8 {Reslgned 5 March 20251 A McGuckin (Resigned 5 March 20251 A. Mulla J Brown J Vizard J Reader-sulllvan K Boulting-Hodge K Lawton M Dunford (Appointed 22 January 2025> (Appointed 22 January 2025> (Appoinl&d 22 January 2025) (Appointed 16 April 20251 Recrultmant and appointm8nt of tnistees Non8 of the IrLSStees has any beneficial interest In th8 company. All of Ihe trustees are members of th8 company and guarant88 to contribute £1 in the event of a winding up. h8 trustees, report was approved by th8 Board of Trusle88. J Reader-sullivan Trusleè 24 September 2025
GLOUCESTERSHIRE VCSE ALLIANCE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GLOUCESTERSHIRE VCSE ALLIANCE I report to the trustees on my examination of the financial stat8ments of Gloucestershire VCSE Alliance {the Charity) for th8 year ended 31 March 2025. Responslbllltles and basls of report As the trustees of the Charity you are responslble for the preparatlon of the flnsnclal statements in ac¢ord8nce with the requir@m8nts of th8 Charities Act 2011. I report in réspect of my examination of Ihe Charity's financial statements carrled out under sectlon 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under seclion 145(51{bl of Ihe 2011 Act. Independent examlner's statement Since the Charity's gross income exceeded £250.000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodi8S. I have completed my examination. I confirm that no matters have come to my attention In connection with the 8xamination giving me cause to believe that in any material respect.. accounting records were not kept In respect of the Charlty as requlred by sectSon 130 of the Charfties Act 2011, the financial statements do not accord with those r8cords; or the financial stat8m8nts do not comply with th8 appllcable requlremants concernlng the form and content of financial statem8nts s8t out in the Charlt18s (Accounts and R8POrts) Regulations 2008 other than any requirement that the financial ststements glve a tru@ and fair vl8w. which Is not a matter consldered as part of an independenl examination. I have no concerns and have come across no olher matters in connection with the examinatlon to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Nlcholas Blshop FCCAACA Unit 3 Ambrose House Meteor Court Barnett Way Barnwood GIouc8Ster GL4 3GG 24 Sept8mb@r 2025
GLOUCESTERSHIRE VCSE ALLIANCE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restrlcted funds fund8 2025 2025 Total Unrestricted Restrlcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and18gacies Investments 531,018 9,385 531.018 9,385 495.849 7,342 495,849 7,342 Total Incoma 540,403 540,403 503,191 503,191 Expenditure on: Charitable activities 510,012 510,012 429,735 429,735 Total axpendlture 510,012 510,012 429,735 429,735 Net Incom8 and movamant In funds 30,391 30,391 73,456 73,466 Reconclllatlon of funds: Fund balanc8s at 1 April 2024 303,549 1,838 305,387 230,093 1,838 231,931 Fund balancos at 31 March 2025 333,940 1,838 335,778 303,549 1,838 305,387 Th8 Statement of financial activities includes all gains and losses recognised in the year. All incorne and expenditure derlve from continuing activities.
GLOUCESTERSHIRE VCSE ALLIANCE BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 11 Current assets Debtors Cash at bank and in hand 12 60,085 755,792 22,571 637,968 815,877 660,539 Credltors: amounts falllng dua wlthln one year 13 1480,100) (355,153) Net current a888ts 335,777 305,386 Total as8at8 less current Ilabllltle8 335,778 305.387 Tho funds of th8 Charity Restricted income funds Unrestricted funds 15 1,838 333,940 1.838 303,549 335,778 305,387 The finan¢ial statements were approved by th8 trustees on 24 Seplember 2025 J R8ad8r-Sulllvan Trusle
GLOUCESTERSHIRE VCSEALLIANCE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng actlvltl8S Cash generated from operations 18 108,439 183.422 Investlng activltlos Investm8nt income received 9,385 7,342 Not cash generated from Investlng actlvltles 9,385 7,342 Net cash generated from finan¢lng actlvltle8 Net Increase In cash and cash equlvalants 117,824 190,764 Cash and cash equivalents at beglnnlng of year 637.968 447,204 Cash and cash equlvalents at end of yoar 755,792 637,968
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies Charlty Informatlon Glouc6st8rshire VCSE Alliance is a Charitable Incorporated Organisation. 1.1 Basls of preparation The financial statements have been prepared in accordance with the Charity's governing document. the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Praclice applicable to charities preparing their accounts In accordance with the Flnanci81 Raporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). The Charity is a PublSc B8n8fit Entity as deflned by FRS 102. The financial statements have departed from the Charltles (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rathar than the version of the Ststement of Recommended Practice which Is referred to in the Regulatlons but which has since been withdrawn. The financial statements are prepared In starting, which is the functlonal Currency of the Charity. Mon&tary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, Imodified to include the revaluation of fr8ehold properties and to include investment properties and rtain financial instruments al fair valuel. The principal accounting polici8s adopted are S8t out b81ow. 1.2 Golng concern Al the time of approving the financial statements, the trustees hav8 a reasonable expectation that the Charity has adequate resources to continue in operational existence for th8 foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial slatements, 1.3 Charitable fund8 Unrestricted funds are available for us8 at the dlscretion of the trustees In furth6rance of thelr charltable obJ8ctlves. Restrlcted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of th8 r8slricted funds ar8 S8t out In the notes to the financial statements. 1.4 Income Income is recognised when the Charity is legally entitled to it after any p8rforman¢e conditions have been met, the amounts can be measured reliably. and it is probable that income will be received. 1.5 Expendlture Liabilities are recognised as soon as there is a legal or constructive obllgation committing the charity to pay out resourc88. 1.6 Tanglble flxed assets Tangible fixed assets are initially measured at cosl and subsequently me8sur&d at cost or valuation, net of depreciation and any impaimient losses. Depreciation is reGognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers 259/0 Straight line
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollclgs (Contlnuod) The gain or loss arlslng on Ihe disposal of an asset Is determined as the difference b81w88n th8 sal8 proceeds and the carrying value of the asset, and Is recognised in the statement of financial activities, 1.7 Impalrment of flxed assots At each reporting end date, th8 Charity reviews the carrying amounts of its tangible assets to determine whether Ihere is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determlne the extent of the impairment loss (if any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquld investments with original maturitles of three months or less. and bank overdrafts. Bank overdrafts are shown wlthln bomwlngs curr8nt liabilities. 1.9 Flnanclal Instruments The Charlty has 818cted to apply the provisions of Sectlon 11 'Baslc Flnanclal Instruments, and S8Ction 12 'Other Financial Instruments Issues. of FRS 102 to all of its financlal Instruments. Financial instruments are recognised in the Charity's balance sheet when Ihe Charity becomes paty to the contractual provisions of the instrument. Flnancial assets and liabilities are offs8t, wlth the net amounts presented Sn th8 flnanclal st8tements, when there Is a legally enforceable right to Set off Ihe recognlsed amounts and there Is an Intentlon to settle on a net basis or to raalise the a$s6t and settle the Ilabllity simultan80usIy. Baslc flnanclal assets Basic financial assets, which include d@btors and cash and bank balances, ar8 initially measured at transaction price Includlng transaction costs and are subsequently carried at amortised cost uslng the effective Interest method unless the arrangement constitutes a financlng transactlon, where Ihe transaction is m8asur8d at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as r8ceivable wlthln one year are not amortlsed. 8aslc flnancial Ilabllltles Basic financlal liabilitl85, includlng creditors and bank loans are Initially reco9nised at transaction price unless the arrang6ment conslitut8s a financing transaction, where the debt instrument Is measured at the present value of the futur8 payments dis¢ount8d at a market rate of Interest. Flnanclal liabilities c18ssified as payable within one year are not amortised. Debt instruments are subsequently carrled at amortised cost, using the 6ffective interesl 16 mathod. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary coursa of operalions from supplier5. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, th8y are presented as non-current liablllties. Trade creditors are recognised initially at transaclion Pri and subsequently measured at amortised cost using Ihe effective interesl method, Derecognltion of flnanclal Ilabilities Financial liabilities are derecognlsed when the Charity's contractual obligations expire or are discharged or cancelled. 10-
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcias (Contlnu8d} 1.10 Employee beneflts The cost of any unused holiday entitlernenl is recognlsed Sn the p8riod in which the employee's servlces are ceived. Termination ber)efits are re¢ognised immediately as an expense when tho Charity is demonstrably committed to termlnate the employment of an employee or to provide termination benefits. 1.11 Rotlrement beneflts Payments to defined contribution r8tirem8nt b8nefit schemes are charged as an 8XP8nse as they fall due. Crltlcal accountlng 08tlmatss and Judgement8 In the appllcation of the Charlty's accountlng pollci8S. th8 trustees are requlr8d to mak8 judg8ments, estimates and assumptlons about the carrylng amount of assets and liabilities that are not readily apparent from other sources. Th8 estimates and asso¢i8ted assumptions are based on historical 8xporience and other factors that are considered to be relevant. Actual results may differ from th8S8 estimates. The estlmates and underlylng assumptions 8re revlewed on an ongoing bas18. Revisions to accountlng estlmates ar8 recognised in the period In whlch the eslimate is revised where the revision affects only that period, or in the perlod of the revision and future periods where the revislon affects both current and fulure periods. Incomo from donatlons and lagacles Unrestrlctad Unre8lrl¢ted funds funds 2025 2024 Grants Other 531,018 495,223 626 531,018 495,849 Incomo from invè8tments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest receivable 9,385 7,342 11
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charitable activitlès Charltable Charltable expenditure expenditure 2025 2024 Olrect Costs Stsff costs Marketing Small grants Recruitment and training IT and website Office exp and travel Legal and professional f88S Event Gosts 306,257 5,472 264.164 3,526 12,410 4,129 25,079 9,323 50,928 45.705 17,642 27,832 14,137 100,478 15,068 486,888 415,264 Share of support and govornance costs (8ee note 6) Support 23.126 14,471 510,012 429,735 Analy818 by fund Unrestricted fund8 510,012 429,735 Support costs allocated to actlvltles 2025 2024 Insurance Rent Bank charges Subscriptions Accountancy Sundry Telephone Prinitng, postage and stat Board axpenses Legal & professional 1,546 7,496 68 1,796 1,800 1,867 4,267 708 1,762 1,816 989 5,400 84 989 1,440 408 2,393 717 2,051 23,126 14,471 Analysed between: Charitable expenditure 23,126 14,471 12
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Net movem•nt In funds 2025 2024 The net movement in funds is ststed after charglngllcrediting): Fees payable for the Independent examinatlon of th8 charity's financial statements 1,800 1.440 Trustees None of the trustees (or any persons connected wlth them) recelved any remuneratlon or benefits from the Charity during the year, Employees The average monthly number of employees durlng the year was.. 2025 Numb8r 2024 Numbor 11 Employment costs 2025 2024 Wages and salaries other pension costs 278,835 27,422 257,288 6,876 306,257 264,164 Th8r8 were no employees whose annual remuneration was £60,000 or more. 10 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 13-
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Tanglble flxed assets Computers Cost At 1 April 2024 300 At 31 March 2025 300 Depraclation and Impalrment At 1 April 2024 299 At 31 March 2025 299 Carrylng amount At 31 March 2025 At 31 March 2024 12 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors other debtors Pr8payments and accru8d income 52,038 4,914 3,133 16,603 900 5,068 60,085 22,571 13 Credltor8: amounts falllng duo wlthln ono year 2025 2024 Notes Deferred Income Trade creditors Accru81s 14 473.540 4,760 1,800 352,446 288 2,419 480,100 355,153 14 Oeferred Income 2025 2024 Arising from grant funding received In advance 473,540 352.446 Def8rred income is included in the financlal statements as follows.. 14-
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Deferred Income (Contlnuod) 2025 2024 Deferred income is included within., Current liabililies 473,540 352,446 Movements In the yaar: Deferred income at 1 April 2024 Released from prevlous pariods Resources deferred in the year 352,446 1295,098) 416,192 301,975 329,569 (279,098) Deferred income at 31 March 2025 473,540 352,446 16 Rostrl¢t6d fund8 The restricted funds of the charlty comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll At 31 March 2024 2025 Community Engagement Go Volunt8ring 1,291 547 1,291 547 1,838 1,838 Prgvlous year: At 1 April At 31 March 2023 2024 Community Engagement Go VolLJntering 1,291 547 1,291 547 1,838 1,838 15-
GLOUCESTERSHIRE VCSE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Analysls of net assets between funds Unrestrlcted funds 2025 Restrlcted funds 2025 Total 2025 At 31 March 2025: Tanglbl8 assets Current assetsl{liabilities) 333,939 1,838 335,777 333,940 1.838 335,778 UnreBtrlcted funds 2024 Rostrlctod funds 2024 Total 2024 At 31 March 2024: Tanglble assets Current assetsllliabililies) 303,548 1,838 305.386 303,549 1,838 305,387 17 Related party Iransactlons There were no disclosable related party transactions during the y8ar12024 - non8>. 18 Cash generated from operatlons 2025 2024 Surplus for the year 30,391 73,456 Adjustments for: Investment income recognlsed in statement of financial actSvltles (9,385) (7,342) Movements In worklng capltal: (Increase}Idecrease in debtors Increasel{decreasel in creditors Increase in deferred income {37,514) 3,853 121,094 80,506 (13,669) 50,471 Cash generated from operatlons 108,439 183,422 19 Analysis of Changes In nat funds The Charily had no material d8bt during the year. 16-