Charity registration number 1157909 VULTURE CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 VULTURE CLUB LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs J Willman Mr D Judd Mr C A Hemming Ms K Shiels Mr K Lake (Appointed 5 June 2023} (Appointed 28 August 20241 {Apwinted 28 August 2024) Charity number 1157￿9 Independent oxaminer Amslrong Walson LLP Carfelon House 136 Gray Street Workinglon Cumbria CA14 2LU VULTURE CLUB CONTENTS Page Trustees, report Independent examinerfs ret Statement of financial activities 10 Balance sheet Notes to the financial statements 12-17 VLILTURE CLUB TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The trustees present their annual report and financial stslements for the year ended 30 September 2023. The financial st8tements have been p￿Pared in attordance with the accounting policies set out in notes lo the financial statements and comply wrth the charivs goveming dowmenl, the Charities Act 2011 and "Accounting and Reporting by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Finanaal Reporbng Standar¢J applicable in Ihe UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. This is our Facilitators Annual Report prepared for the Trustees and wll focus on the challenges. suc￿Sses. and diverse attendees that our small successful organi5ation has rea¢hed. 11 also covers a period of radi¢81 venue change. financ4al adjusbnenl and maintsining membership where footfall has decreased in the local area. The report has been pr¢xlueed in agreement with Ihe Chair of the Tnjslees lo show ￿)W the organisation is a} Increasing its commitment on the petsonal development of members through arL ueab.ve writing, health & wellbeing - social inclusion activities and music therapy. p8rb"cularfy building confiderkce. exp8nding an individual's life skills & challenging I￿1. swal and individual exdusion AND b} Delivering its programmes to Show adaptability. fle￿tillIty and diversity AND cl Looking fornard to rfftv ch811er￿eS of inwting Trustees and maintaining membership and welcoming back people into the organisalion and preparing sustainability plans for a huge increase in running costs due to operating in a larger propety AND d) Nelwothing with other parkner agencies to delve into the unkntrwn to encourage particspants who have nested al home fdlowing the pandemic and are fearful of mov7ng away from lh￿[ narrow and rigid boundaries lo participate in healthier more indusive lifestyles. We calculate that we have a ftuid membership of 133 members registered as both footfall wsitors and l or using our dosed on line support group. OUT aim in 2024 is to refine wr fecording methods to show how has an impact upM)n the local community. We wll incorporate people that have sl￿ceSsfUllY maintained a r￿0Very in addition to attendance. We also have orbitiro members and other valued conlribLrtors w￿1 do not wish to attend the venue for their own personal ￿aSonS. We have attached a breakdown of member type I dI￿SIty fdlowing assessment discussions. explorations and ag￿ed disclosures. We ac￿p1 and applaud that as people succeed in their peTh)nal goals by maintaining their drug, alcohol or emotional recovery. we find some of the members lend lo move on to branch out with new interests. (aring responsibilities and part time work. Page 1 VULTURE CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 However some members periodically retum arKI are offered additional top up support. Our services were rewarded in January 2023 wth a highly coveted High Sheriff Award for the services delivered in 2022. Many of our core members have moved from drug l alcohol dependency into maintained and long-temi slabilised recovery who now provide sensikn.ve shared similaritses to challenge the Terminal Uniqueness of new arrivals. These have r￿¥ become Son￿ of our valL￿d faulilators and friends. We would now like to remind you of our core values whilst Indi￿ting to you how certain groups and individuals have benefited from the increased menu of servtces that our recent reorganisation has provided. Our aim is to fund ntinuation of our community charity agency the Vulture Club. Health and WellbeiThJ Centre. Our C￿￿ent struclure is a group of salaried faalitators and a dedicated member support seNce operating within a local are8 providing on-going therapeutic personal development and supporting dependen￿ recovery. primarily through diversionary 8clivities and Compassi￿ f￿Sed Iherapy. We have also an experienced counsellor who has designed an effective edu¢ational and personal skills training course running over a total period of 18 weeks split into 3 shLYt ternis of delivery. The ￿ViSed Root to Recovery was fimly established in 2022 but has continued to assist in the personal development and Maintenan￿ of members. recovery throughout thi5 last year. This is designed lo guide and support fflember5 in recovery from subStsn￿ addiction and behavioural problems. although the group is open lo any members ￿th historical symptoms of trauma based psychological distress. When our 1-2-1 councillor fell ill and was unable to meet demand, Catherine designed the new Talk To Heal additional session for new attend&s an¢J members who may be struggliThJ their issues. The Root to Recovery and Talk To He81 has idenkfied that a doser peer support system is often requsred where a member in their eady days of recovery can firKI themsdves on the edge of a relapse for what Can be a just a common dilemma. Working with Member Support services lo control any praclical dilemmas the new member is able to Con￿trate on self development without the wory and stress of en￿rOnMental factors such as family, benefit I housing problems. We believe that our values and reputation have been instrumental in our local ￿MMunity becoming aware of our unique services. our diverse menu and we bdieve we have become a highly valuable resource lo enable and sustain long lem recovery, mental and emob.onal wellthing for our members. thjr Ictsl statutory recovery services described us in 2020 as" Whitehavens best kept secret" As you may already be awa￿, our groups and sessi¢)ns are run by 7 experien(*d salaried f8alitstors. These have been indiredy supported by 2 TTUStees WIK) are now retired faolitstors ¢yJllectively enjoyed impressive experience induding many years of working in Ihe fields of NHS Drug and Mcohol services. NHS Mental Health Services. Family Supwt induding t)NIA. Personal L)evelopmenl and a variety of Iheiapeutic fields. Page 2 VULTURE CLUB TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 They designed an inlemal" Marras" project whwe 811 faalitators can rely on Ihe experience of each other with designated and supporbve supervision provided by Ihe Root lo Recovery coordinator. Our member support faalitator and social welfare law ath.sor o)nlribules to personal member support and development and is now responsible for the referral uiteria and the evaluation and assessment process of potential new participants and members. He has been responsible for maintaining I reviewing and inL¥easing income for members for a staggering £113,137.32 in the last 12 months. We believe this adds a . value for morw. addition for each member of £850. This is often ignorefj but is a wtal aspect of comMur￿ty based support wth social welfare entidemenl promptsng participatson in the community. Some of our facilitators who are maintaining their own recovery have taken the small steps into permitted work employment followng long term sickness and disabiltty. These facilitators a￿ heading into their 3rd year of paid part lime employinent gaining experienc and training in Peer Mentor support and compassion focAJsed therapy. We have also been lucky to secure a volunteer has tsken the rde of safeguarding lead in the pilot Talking I Listening room project who is also looking lo be funded for part time employment. Alongside these facilitators. we have our own valuable Administrative Assistant and a vtt81 Coordinator whom we are indebted lo. We have been increasingfy noticing that our therapie5 are more suuxsful when we indude compassion focused therapy, emotional intelligence and personal development. Several of our facilitators are now trained in Peer Mentoring l Trauma Focused Therapy and are now able lo explo￿ a member's history with CA)nfidence. They a￿ able to ￿ffleCt using their own personal related experience lo empalhise with the membets, issues. A¢lhough Vulture Club primarity works wtth individuals who a￿ seeking to recover from substa￿e dependence and trauma related behavTour, we have never been exdusive to this client group. We are empowering facililalors to be able lo eXperie￿e arKI develop a broader ouuook beyond their own substance misuse and trauma history. We are now able to help members who have been marginalise¢J and have a long history of their social life existing alongside other substance users. carers groups that are swally exduded. For example, our ongoing connections with Health and Wellbeing Coaches have meant we have accepted referrals for a supported assessment arKI introduction to our ww¢xs. Our pilot Talking l Listening project h8s attracted HAWCS. Always AIKJlher Way. Groundworks and Cib'zens Advice to undertake personal sessions in wr venue. Page 3 VULTURE CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEPABER 2023 We continue to accept ￿ferraIS from HAWCS. GPS. Jokentres and Citizens Advi￿ whereby emotional instability and low level mental ill health can often rnte diffi¢xJlb"es with connection and indusion. Our evaluation l assessment process is rig￿uS but 5ensilive and we have the eXpe￿Se and staff to pathway intjiwduals who may not yet be ready to eruage wth us in a safe and trusted environrnent. We believe we have a mixed grcNJp of peLwle who have shar&J ￿MIlaritieS. who wish to thange their behaviour whether il is through tsckling 8ddi¢lion. improving social engagement. building upy)n personal trust and I or enhancing thwr emotional intelligence and eradicating social exclusion. More often understanding the role of temiin81 uniqueness and asserting Iheir own personal development. The C￿atiVe art sessions have proved lo be highly effeclive as 8 safe inlroductory way of relaxing into confidential and trusting environment but also where there a￿ no njles on what you may want lo explore, in what method and l or in what medium you wish to tske part in. We have faulitated felt wotk. willow weawng. recycling suap into sculplures to drawing, Canvas and colouring book therapy. Our ¢￿a￿ve art sessions have been crucial 1n"ry+vnin￿ the new venue from an early stage making everyone feel at home straight away. This was 8 valuable achievement. Our creative Writing and open reading sessions have proven to be extremely effective in a similar way by helping individuals to be less rigid in their undeT5tanding and beliefs. the￿fOre enabling them lo broaden out of old thinking pattems and tske on new perspectives on issues affecting both Ihemselves but also others. In particular, the Christmas play attanged by the creative writi.￿ team has had Holl￿* acdaim and talk of Oscar nominations Our blbliolherapy sessions had also been outsourceil the North Cumbria Recovery College however we have decided to rename the sessions lo a more user friendly- open reading and book theTapy. Understanding that people express themselves and leam in different ways and often through different mediums gives us a much broader tool-kit to work with. whith increases the opportunities for individuals to achieve their goals and maintain a successful recovery. Our Suc￿sful Health and Wellbeing sessi¢)ns and Ihe Limewood music project have been particularly popular in our 5 day a week member supported service and have attracted 41 and 24 unique indiwdual attendees respectively. This is another considerable achievement Health and Wellbeing options are crucial in sett-bdief and irtstalling ne4Y confidence in members. We have ulilised yoga, gardening, outdwr activities. Ichv level walking and new rthielty experiences such as ￿sIting the Moorforge Viking setuement experience. We have welcomed a volunteer who has instslled self wijrlh and self belief in non contsct self defence for some of our more active members and this has induded both b￿thing. meditation as well as boosting confiden with self defen￿. Page 4 VULTURE CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 Whilst our new venue does not have the same a￿sS to ther8peulic gardening we are looking to apply for our very own charitable allotment whwe we can reconlinue our fresh air and Spade approach lo wellbeing. We are also approaching Fundeis to consider a local walking group in Spring 2024. The Limewood music project has progressed inlo its ¢ywn studio scope for both band practice and solo luilion. Songwriting and tuition of guitsr, bass and drums have all been tjtilised wth personal development. self confidence and encouraging marginalised individuals to scxatfth the itch of shoutillg exacdy how you feel and luming that into sessional creativity and teamwork. Limewood attendees have attendefj Lwen mic nights where members have taken Ihe opportsjnity to play both ￿Ver versions and Introdu￿ thwr own material lo great success. However, one particular volunteer has composed his own songs aThJ has been pro8ctive in sharing his songwriting skills and performing his malerial al the Ciwc Hall. He has also depulise(I for the increasingly busy and proactive Limewood membership. 11 has been described as" personally inwgorab.ng ! . when a rK>n player of an instrument handles an amplified inslrijmenl for the first b'rne and feels trxjlh the sound arKI ex￿tement of a first note { in ￿ne or not ) We submit that the above strongly suggests that the somewhat distinctive blend of support tleveloping bwlhin ihe Vulture Club is effectively meeb.ng the needs ol members in a pr(xluctive. enjoyable, and successful way. Vulture Club is pleased to promote that bolh our faulitat0￿ aThl member5 are reliable in showing compassion and emotional tolerance for new attendees who attend on ary day of the week. who may have imaginab.ve and purposeful intent lo recover in their own way. This shows a real maturity and a positive norbiudgemental attitude on behalf of our fa¢ilitatOf5 and l or members, who rnirror the commilmenl on offer to them to olhers who a￿ just starting Iheir recoveryioumey. Our Games night. Crochet and Knitting workshops, L)Jroeons and Oragons group and non contact self defen and meditation are all popular with regular attendees making use of the in¢xeased room space. Vulture Club actively promotes a holisb"c approach to re￿very and personal grthvth and appwales the value of members investing ownership of the broad ranging actiwties and prLMJrammes that we offer and Can deliver. Therefore our specific themes and areas covered can be delemined by whatever live issues are relevant and therefo￿ most useful and meaningfvl to our mernbers. We are effectively able to create tailor-made flexible session-based tsrapies to best support 8n individuals recovery whether it be addiction, emotional trauma. or psythdogi(*l issues which need exploring in a Closed, safe and trusiworthy environmenL We therefore submit that working in Ihe slability of a nur￿ring cwperative group is a key part in the continued recovery of our members. Page 5 VULTURE CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 Over the last year cHJr membership has stabilised follomng the Covid loss of footrall. we have be￿me a more fluid group wth the management and success of the dosed online support group. Peakirwj at 130 members in total, we understand the thallenge in mching everyo￿.9 needs Whilst set up to cope with the swal isolation caused by the Covid lockdowns the on line Closed support group has ￿mained a vitsl tool for engagement and conneciion certainly with those incapaatated by heightened anxiety or social exdu5iOll. We are proactively nurturing a Talking l Listening room project Whe￿ other agencies can see their Clients in one of our confidential r￿ms. We have called this a go(xlwill agreement Whe￿ we ask for a small donatson for the use of a room. This is dienl led only and we are unable lo consider sub letting proposals. We have had sorne success in ￿ferra1$ using this melhod bul (X)ntin￿ to liaise th these agencies to promote our services whilsl they work within our goodwill 8greemenL This has worked well where we have arranged for the Heallh & Wellbeing Coaches to host their own 6 week wellbeing course in our main sessi¢)n room culminating with our own facilitator undertaking Universal Credit training on the final day. This was such a success that we were asked to perform Ihe Universal C￿lt and PIP training to all Health & Wellbeing Coaches in the lo¢al a￿a and this was undertaken in a full moming session free of charge 8$ part of the goodwill partnership. We are also anticipating individual local community supwt groups approaching us lo use the goodwill agreement and take up the offer of a ￿mfortable venue whilst maintaining the core safety and trust within our original membership. We have members in recovery that h8ve sel up a Heritage Arts mouldiNJ I casting social enterprise. This has proved lo be an enjoyable but challerwjing effort to CLNnmeroalise the 3 stunning Whitehaven Pier sculptures it has produced. Market sales for the sculpture5 have been promising as well as being Ictslly available al The Beacon Heritage Centre. however when Vullure Club have atterKled local fairs the interest and sales have increased. We have accéss Citizens Advi￿ Copeland online refellal systwm whereby we are able to offer advocacy and representation for all manner of urgent s￿181 dilemmas. However. we are proud to offer our members a comprehensive and reliable PIP, ESA and Universal Credit inf0m￿tiOn and dispute pr￿ss. We have also enabled some of our vulnerable member5 who a￿ unable to express their voice and opinions in a formal setbng lo obtain their righthjl entilement at Tribunals. We are a delem)ined group who passionately believe that our core values and unique process is working and we will continLte lo be successful when we are able to attr8¢t additional funding to sustain our service delivery Costs, whilst striving for an even more diverse menu of activities. We are hoping that funding will allow us 10 8ttract addilional exper*nced facilitators whom we intend to respect by offering a salary above the national liwng wage. Page 6 VULTURE CLUB TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 We would like lo thank Julieanne and her team at Togelher We Can Fundrnising and all of our funding contributor5 large or small for all their help and investsnenl in what is still a developing I￿n statutory charitable recovery agency. We strongly belreve that recovery within the community is working. whether that be from addiction. personal trauma or menlal ill health," what we a￿ offering is a safe location 8NJ a trusted community in which to recover. We have also been proactive in attempting to recruit mre diverse volunteer Trustees to help with equality and diversity. However. we are continuing to find Trustees and in particular a volunteer Treasurer increasingly difficult to find. We are imrnensely pleased that we have stabilised the organisab.on after an unseiuing period. This has enabled us to increase our presence and voice throughout the community by raising awareness of a new service model with enjoyable participation that offers a different and allemative option especially for those who have previously not SLKceeded in a sustained recovery. There is no doijbt that we are experienang huge challerwjes wilh rising running costs. We understand we are not alone 8nd every charity needs MO￿ furKls to deliver their se￿￿. We have accepted the challenge and have adapted our service5 to continue lo deliver and develop- but we n￿d help to continue in the venue we have decided to operate in. We also had to transfer some reserves followng a utility company blunder in ¢xtr previous property. Whilst we were successful in challengrng charges we were still bound by benefioal use of [￿1 and bound by benefioal use of fuel an¢J had to meet the significant demand for luel when we moved. We are also bound in our new property lo a particularfy sensitive type of electricity meter that cannot be changed. This runs on a higher bLtsiness model of re￿eW I charging the customer every 30 minuies. This has meant very high fijd costs and standing charges that we are struggling to meet however, we will continue to maintain a responsible and forbvard focusing vision and invile YCKJ lo consider supporting our organisalion in the coming years In support of the Irallsparenw of our Organisati￿. l am e￿Ing a copy of ihe SESS independent evaluation on Whitehaven's Best Kept Secret. This was compiled in May 2023 as we were due lo move lo a MO￿ appropriate and functional property. X>rbiting Altendees Orbiting att&ndees show confidence in ourselv1￿S andourrepufabon is based on confidentiality. safety and trust. They acknowledge the benefit ofwc¥king with different sh* &m11￿1￿e$ wts.ch can pronth selfbelief and Gertitude wilhln a gmup setting. This can install a level of confidence and asselfver￿ 4Vli￿ can be enLxJuraged ￿1h1n theirown envimnment. DrfferentperM)ds of erKJagement can installsmall steps ofa(*ve rncéfficalion of behawour wthch can be considered at I￿. Page 7 David Judd David Judd (Dec 13, 2024 17:17 GMT) 13/12/2024 ## Steven Kirkbride Steven Kirkbride (Dec 14, 2024 14:28 GMT) 14/12/2024 VULTURE CLUB STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023 Unrestrictw Restricted funds funds Total Total 2022 2023 Income and endowments from: Donations and legacies 48.516 89.125 87,756 Total income 48,516 40,609 89.125 87,756 Expenditurg on: Charitable activities 72,547 35.109 107.656 81,934 Totsl expenditure 72.547 35,109 107.656 81.934 Net incomel{expenditure) (24.031) 5,500 118,531) 5,822 Gross transfers belween funds Nel movement in funds (24.0311 5.500 {18,5311 5,822 Reconciliation of funds Total funds brought fomard 39.070 39.070 33.248 Total funds carried forward 15.039 20,539 3g,070 The statement of finanual acliwties indudes all gains and losses recognised in the year. All income and expenditure derive from continuiNJ aclivities. Page 10 13/12/2024 ## David Judd David Judd (Dec 13, 2024 17:17 GMT) VULTURE CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 1 Accounting poli¢ie5 Charity infomiation Vulture Club is a charitable in￿)r￿ated organisation. 1.1 Accounting convention The financial statements have been prepared in 8¢cordan￿ wth the charivs goveming document, the Charibes Act 2011. FRS 102 Yhe Finanoal Reporbng StsndaTd applicable in the UK and Republic of Ireland" I"FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to Chari￿es preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Srel8nd IFRS 1021- (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not lo prepare a Statement of Cash Flows. The financial statements have departed from the Charities (AcuMJnts and Reports) Regulations 2008 only lo the exlent required lo provide a true and fair view. This deparbjre has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling. ￿tch is the functional currerry of the charity. Monetary amounts in these financial statements are rounded lo the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting polirjes adopted are set out below. 1.2 Going ¢onc•m At the time of approving the financA81 statements, the trustees have a reasonable expectation that the charity has adequate resour￿$ to continue in operational exislence for the foreseeable future. Thus the trustees continue to adopt the wing concern basis of accounting in preparing the financial statements. 1.3 Charltable funds Unrestricted funds are available for use at the diwetion of the trustees in furtherance of their charitable objectwes. Restricted funds 8re subject lo specific corKlitions by donors or grantors a5 to how they may be used. The purposes and uses of the restricted lurKls are set out in the notes to the financial statements. Pago 12 VULTURE CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 1.4 Income Income is reccgnised when the charity is legally entitled to it after any performance conditions have been mel. the amounts can be measured ￿lIablY. and it is probable that income will be received. Cash donations a￿ recognised on receipt Other donations are recognised or￿e the charity has been notified of the donation, unless performance conditions require deferr81 of the amount. Income tax ¥ecover8ble in relation to donations ret*ived under &"ft or deeds of covenant is recognised at ihe time of the donation. Lega¢ies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the a￿￿)Unt is t￿1 known. the legacy is treated as a coTrtsng￿t asseL 1.5 Expenditure Expenditure is recognised On￿ there is a legal or construdive obligation to tr8nsfer eCor￿mI benefit to a third paty, il is probable that a transfer of economic benefits w¢ll be required in settlemenL and the amount of the obligation ¢xn be rneasured reliably. Expenditure is dassified by actswty. The wsts of each actswty are made up of the total of direct costs and shared costs. irKluding support costs involved in undertaking each activity. In relation to restricted funds. Direct costs attributable to a single activity are allocated dire¢Yy to that activity. Shared costs which contribute to more than one aCti￿ty and support costs which are not attributable to a single activity are apporb.oned beh¥een those activities on a basis consislenl with the use of resources. Central staff costs a￿ allo(zted on the basis of time spenL and depreciab.on charges are allocated on the portion of the a5seYs use. 1.6 Cash and ¢ash equivalènts Cash and cash equivalents indude cash in hand. deposits held al call with banks, other short-term liq¢Jid investments with original maturities of three months or less. and bank overdrafts. Bank over(Jrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has elected lo appty the provision5 of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financtal instruments. Financial instruments are recognised in the ¢harTVs balance sheet when the tharity becomes paty to the contractual provisions of Ihe instrumenL Financial assets and liabilities are offset. wilh the amounts presented in the finan¢i81 ststements. when there is a legally enforceable right to sel off the recognised amounts and there 15 an intention lo settle on a nel basis or to realise the asset and settle the liatiility simultaneously. Page 13 VULTURE CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Basi¢ finan¢ial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transactson pri￿ including transacts'on costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement conslilutes a finanang transaction, where the transaction is measured at the present value of the futu￿ receipts discounted at a market rate of interest. FirtancÈal asse15 das5tfied as r￿e1Vable within one year a￿ not amorttsed. Basic financial liatslilies Basic financial liabilities. induding creditors and bank loans a￿ initially recognised al transaction Pri￿ unless the arrangement constitutes a financing transaction, where the debt instnjmenl is measured al the present value of the future payThents discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequenty carried al amortised cost. using the effectNe interest rate method. Trade creditors are obligations lo pay for goods or serwces that have been acquired in the ordinary ourse of operations frorn suppliers. Amounts payable are dasstfied as current liabilities rf payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequenly measured at amortÈsed cost creditors using the effective interest method. Der8cognition of financial liabilities Financial liabilities are derecognised when the Chari￿s contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entrfement is recognised in the period in which the employee's services are received. Termination benefits are recogni5ed immediately as an expense when the charity is demonstrably committed to tem)inate the em￿OyMent of an ern￿OYEe or to tsxovide termir￿tion benefits. 2 Critical accounting estlmates and judgements In the application of the charivs accounting wAicies. Ihe trustees are required lo make judgements. estimates and assumptions about the Carr￿ng amount of a55els and liabilities that are not readily apparent from other sources. The estimates and aSS￿lated assumption5 are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underfwng assumptions are revIe￿ed on an ongoing basi5. Revisions to accounting estimates are recognised in the tWKKI in which the estimate is revised where the revision affects only that period, or in the Per￿ of the revision and fvture periods where the revision affects both (ajrrent and future WKKIS. Page 14 VULTURE CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 3 Income donations and kgacies Unrestricted funds Restricted Total Funds 2023 Total Fund5 2022 2023 tk)nations and grfts Grants 9.716 9.716 1,814 85.942 48,516 89.125 87,756 4 Expendlture on ¢haIltab￿ actlvltles Actmty expenses Administrator eyrtses Arts. Craft5 & Music Fatylrtators expenses V&unteer r￿rn￿r$￿1 expense5 15.849 1.6￿* 593 15.540 15,849 1,6￿) 593 15,540 3,863 4.443 2.639 7.206 36,429 General expen Heatth and w￿l￿r0 exFwtses Insurance L￿81 and ProfessKffia lees ght. Heat & P(y• Employee Sdari8S 202 4.202 831 342 2.TL8 342 2,228 4,668 47,681 1,659 21,815 16.572 31,11YJ 9.074 9,074 6.180 91 R8pairs Tdethone experk Travd experEes Trips 8n¢ training expenses 151 351 267 110 110 641 72,547 35,109 107.656 81,934 S Trusteos DuriThJ the yearth8 charity made the wih tnjstees." Mrs D Ju¢Jd rer8vgJ T￿nUnerakn of£6.167 duriTrJ th8 yew. rs K Shiels recfftl rEmunwatTri of £6,143 durirg theyear. 6 Employees Th8 average nurnber otemk*)￿ duriThJ the yearva5'. 2023 Number 2022 Number Page 15 VULTURE CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 7 Taxation The charity k5 ewptfrorn tsxaia)n on rfs actsvitsts bè2use all tts irKorne is fortharitatAe purposes. Creditor5'. amounts falling due within one yèar 2023 2022 Accruals Other C￿rtorS 1,728 9 Unrestrlcted fund8 The unrestricted funts of the (knrity (xHllwi5ethe unexpwd*Y t)alar￿S oflknats"￿S aThJ 9rants which are not subject to speafic condrtH)ns by th)r￿rS and grantors 85 lo they rnay be used. These indL¥Je designated funds which have been set aside out of unrestric￿tt funds by the trLLStees ¥eific At30 Transfers September 2023 General Funds 39,070 48.516 {72.547} 15,039 10 Restrlded Funds The restricted funds olthe charrty ¢c￿￿se Ihe wr￿d￿j cl th￿atIO[L￿ g￿ts hdd on trust subJ'8Ct to spectfic cx)nditions by dcfjors as to may be LLWJ. Incomlng A130 Transfers September 2023 CCF- EvJuatron Proj& CCF- Salary Project CCF. Fcx)d vOwhu￿ Pro 5,500 31.109 131,1091 14,¢JX)I 135,1091 11 PurpwJe of Restrictsd Funds The speryfic purrA)ses the fiHMts ae to be ¥e as CCF- Evaluation Pro CCF- Salary Proier CCF. Focxy V¢xthur8 Proprt For Sakries ofthe dub Pag8 16 VULTURE CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 12 Analysis of net assets between funds Total Total lunds 2023 fund 2023 2023 2022 Fund balances at 30 Septernber 2023 •rE represented ty. Tangible assets Current a5set51llk8ts1rt"tes) 15.039 20.539 39,070 15.039 39,070 Pa9• 17 ## Final Accounts for Approval Final Audit Report 2024-12-14 Created: 2024-12-13 By: Jo-Anna Cubby (Jo-Anna.Cubby@armstrongwatson.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAFWru7FeENFWPhtb10q87ifCMy1cPC6iG ## "Final Accounts for Approval" History Document created by Jo-Anna Cubby (Jo-Anna.Cubby@armstrongwatson.co.uk) 2024-12-13 - 15:02:16 GMT- IP address: 149.50.169.1 Document emailed to Steven Kirkbride (Steven.Kirkbride@armstrongwatson.co.uk) for approval 2024-12-13 - 15:03:14 GMT Email viewed by Steven Kirkbride (Steven.Kirkbride@armstrongwatson.co.uk) 2024-12-13 - 15:26:18 GMT- IP address: 103.109.81.12 Document approved by Steven Kirkbride (Steven.Kirkbride@armstrongwatson.co.uk) Approval Date: 2024-12-13 - 15:26:45 GMT - Time Source: server- IP address: 46.235.170.216 Document emailed to David Judd (david.judd@vultureclub.co.uk) for signature 2024-12-13 - 15:26:49 GMT Email viewed by David Judd (david.judd@vultureclub.co.uk) 2024-12-13 - 17:12:04 GMT- IP address: 92.24.39.121 Document e-signed by David Judd (david.judd@vultureclub.co.uk) Signature Date: 2024-12-13 - 17:17:31 GMT - Time Source: server- IP address: 92.24.39.121 Document emailed to steven.kirkbride@armstrongwatson.co.uk for signature 2024-12-13 - 17:17:36 GMT Email viewed by steven.kirkbride@armstrongwatson.co.uk 2024-12-14 - 14:27:31 GMT- IP address: 156.246.48.114 Signer steven.kirkbride@armstrongwatson.co.uk entered name at signing as Steven Kirkbride 2024-12-14 - 14:28:29 GMT- IP address: 90.197.175.173 Document e-signed by Steven Kirkbride (steven.kirkbride@armstrongwatson.co.uk) Signature Date: 2024-12-14 - 14:28:31 GMT - Time Source: server- IP address: 90.197.175.173 Agreement completed. 2024-12-14- 14."28."31 GMT Armstrongwatsorf Adobe A