| Pages | |||
|---|---|---|---|
| Trustees' | annual report |
1to7 | |
| Independent auditor's |
report to the members | 8to 11 | |
| Statement | of financial | activities | 12 |
| Statement | of financial | position | 13 |
| Statement | ofcash flows | 14 | |
| Notes to the financial | statements | 15to 23 |
| The trustees | ||||||
|---|---|---|---|---|---|---|
| P FWilliams | ||||||
| Involve Voluntary | Action in Mid | (Resigned | 29 March 2022) | |||
| Devon | ||||||
| K Nolan | (Appointed | 01 September 2022) | ||||
| North Devon |
Voluntary | Services | (Resigned | 29 March 2022) | ||
| Ltd | ||||||
| South Hams | Community | and | (Resigned | 29 March 2022) | ||
| Voluntary Services |
||||||
| Teignbridge | Community | and | (Resigned | 29 March 2022) | ||
| Voluntary Services |
||||||
| WDCVS | (Resigned | 29 March 2022) | ||||
| D Hill J F Davies SThompson S Hurrell |
(Appointed (Appointed (Appointed (Appointed |
15Apdl 2021) 15April 2021) 01 October 2022) 01 Apdl 2022) |
||||
| Auditor | Stuart Carrington | FCA | ||||
| Westcotts (SW) | LLP | |||||
| Chartered accountants |
& statutory | auditor | ||||
| Timberly | ||||||
| South Street | ||||||
| Axminster | ||||||
| Devon | ||||||
| England | ||||||
| EX135AD | ||||||
| Bankers | Charities Aid |
Foundation | ||||
| 25 Kings Hill |
Avenue | |||||
| West Mailing | ||||||
| ME19 4TA |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 2 | 6 | 6 | 2 | |||
| Income and endowments | |||||||
| Donations and legacies |
4 | 1,750 | 1,066,724 | 1,068,474 | 208,000 | ||
| Charitable activities |
5 | 31,472 | 13,099 | 44,571 | 42,980 | ||
| Total income | 33,222 | 1,079,823 | 1,113,045 | 250,980 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 6,7 | 133,990 | 834,891 | 968,881 | 211,489 | |
| Total expenditure | 133,990 | 834,891 | 968,881 | 211,489 | |||
| Net income and net movement | in | funds | (100,768) | 244,932 | 144,164 | 39,491 | |
| Reconciliation offunds |
|||||||
| Total funds brought forward |
131,842 | 131,842 | 92,351 | ||||
| Total funds carried forward | 31,074 | 244,932 | 276,006 | 131,842 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | C | 2 | |||
| Current assets | |||||
| Debtors | 14 | 354,230 | |||
| Cash at bank and in | hand | 113,388 | 145,132 | ||
| 467,618 | 145,132 | ||||
| Creditors: amounts | falling | due within one year | 15 | 191,612 | 13,290 |
| Net current assets | 276,006 | 131,842 | |||
| Total assets less current | liabilities | 276,006 | 131,842 | ||
| Net assets | 276,006 | 131,842 | |||
| Funds ofthe charity | |||||
| Restricted funds | 244,932 | ||||
| Unrestricted funds |
31,074 | 131,842 | |||
| Total charity funds | 16 | 276,006 | 131,842 |
| Year ended 3 | 1 March | 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 2 | ||||||
| Cash flows from operating | activities | |||||
| Net income | 144,164 | 39,491 | ||||
| Adjustments for: |
||||||
| Interest payable | and similar | charges | 97 | 69 | ||
| Accrued expenses | 5,400 | 70 | ||||
| Changesin: | ||||||
| Trade and other | debtors | (354,230) | 1,607 | |||
| Trade and other | creditors | 172,922 | 12,497 | |||
| Cash generated | from operations | (31,647) | 53,734 | |||
| Interest paid |
(97) | (69) | ||||
| Net cash (used in)/from operating |
activities | (31,744) | 53,665 | |||
| Net (decrease)/increase in |
cash | and cash | equivalents | (31,744) | 53,665 | |
| Cash and cash | equivalents | at beginning | ofyear | 145,132 | 91,467 | |
| Cash and cash | equivalents | at end ofyear | 113,388 | 145,132 |
| Donations | and legacies | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| 2 | ||||||
| Grants | ||||||
| DCC COMF | 1,055,184 | 1,055,184 | ||||
| Other grants receivable | 1,750 | 11,540 | 13,290 | |||
| 1,750 | 1,066,724 | 1,068,474 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| Grants | ||||||
| DCC Infection control | 200,000 | 200,000 | ||||
| DCF COVID volunteering | 5,000 | 5,000 | ||||
| Other grants receivable | 3,000 | 3,000 | ||||
| 208,000 | 208,000 | |||||
| Charitable | activities | |||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| 2 | 2 | 2 | ||||
| Partner pooled resources | 10,099 | 10,099 | ||||
| Project income - Westbank | Community | Health & | ||||
| Social Care | Team | 31,472 | 3,000 | 34,472 | ||
| 31,472 | 13,099 | 44,571 |
| Unrestricted | Restncted | Total | Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||||||||
| 2 | 2 | ||||||||||
| Partner | pooled resources | ||||||||||
| Project | income - Westbank | Community | Health | & | |||||||
| Social Care | Team | 42,980 | 42,980 | ||||||||
| 42,980 | 42,980 | ||||||||||
| 6. | Expenditure | on charitable | activities | by fund type | |||||||
| Unrestricted | Restricted | Total | Funds | ||||||||
| Funds | Funds | 2022 | |||||||||
| E | |||||||||||
| Charitable | activities | 113,322 | 1,635 | 114,957 | |||||||
| COMF | 833,256 | 833,256 | |||||||||
| Support | costs | 20,668 | 20,668 | ||||||||
| 133,990 | 834,891 | 968,881 | |||||||||
| Unrestricted | Restricted | Total Funds | |||||||||
| Funds | Funds | 2021 | |||||||||
| 2 | |||||||||||
| Charitable | activities | 209,854 | 209,854 | ||||||||
| COMF | |||||||||||
| Support | costs | 1,635 | 1,635 | ||||||||
| 211,489 | 211,489 | ||||||||||
| 7. | Expenditure | on charitable | activities | by activity type | |||||||
| Activities | |||||||||||
| undertaken | Total funds | Total fund | |||||||||
| directly Support costs | 2022 | 2021 | |||||||||
| 2 | 2 | ||||||||||
| Charitable | activities | 114,957 | 14,466 | 129,423 | 210,750 | ||||||
| COMF | 833,256 | 833,256 | |||||||||
| Governance | costs | 6,202 | 6,202 | 739 | |||||||
| 948,213 | 20,668 | 968,881 | 211,489 |
| Yea | r ended 31 | March 202 | 2 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 8. | Analysis of |
support costs | ||||||||
| Support costs | Total 2022 | Total2021 | ||||||||
| Communications and IT |
13,768 | 13,768 | 357 | |||||||
| Governance | costs | 6,202 | 6,202 | 739 | ||||||
| Subscriptions | 295 | 295 | 150 | |||||||
| Insurance | 403 | 403 | 389 | |||||||
| 20,668 | 20,668 | 1,635 | ||||||||
| 9. | Analysis of | grants | ||||||||
| 2022 | 2021 | |||||||||
| Grants to institutions | ||||||||||
| Devon Communities Together |
165,000 | |||||||||
| West Devon | Community and |
Voluntary | services | 2,758 | ||||||
| North Devon | Voluntary Services |
Ltd | 9,620 | |||||||
| TTVS | 3,974 | |||||||||
| Teignbridge | Community and |
Voluntary | Services | 6,880 | ||||||
| South Hams | Community and |
Voluntary | Services | 2,172 | ||||||
| Exeter Community Initiatives |
500 | |||||||||
| Pippins Community Centre |
300 | |||||||||
| Friends of Heavitree Health |
Centre | 300 | ||||||||
| Exeter Seed | Bank | 300 | ||||||||
| Involve Voluntary Action in Mid Devon |
1,955 | |||||||||
| Stoke Hill Community Association |
300 | |||||||||
| Krafty Cafe | 300 | |||||||||
| ISCA Community Enterprise |
300 | |||||||||
| Phat Health | 300 | |||||||||
| 194,959 | ||||||||||
| Total grants | 194,959 | |||||||||
| 10. | Auditors remuneration |
|||||||||
| 2022 | 2021 | |||||||||
| Fees payable | for the audit of | the | financial statements | 5,400 | ||||||
| Fees payable | to the charity's | auditor and its associates | for other services: | |||||||
| Other assurance services |
600 | |||||||||
| 11. | Independent | examination | fees | |||||||
| 2022 | 2021 | |||||||||
| Fees payable | to the independent | examiner for: | ||||||||
| Independent | examination of |
the financial | statements | 526 |
| 14. | The total amount of e Debtors |
xpenses reimbursed to natural trustees d |
uring the year was anil | (2021:Nil). |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Trade debtors | 354,230 | |||
| 15. | Creditors: amounts | faIling due within one year | ||
| 2022 | 2021 | |||
| Trade creditors | 185,612 | 12,690 | ||
| Accruals and deferred | income | 6,000 | 600 | |
| 191,612 | 13,290 |
| Unrestricted | funds | |||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 31 | March 202 | ||||
| 1 | April 2021 | Income | Expenditure | 2 | ||
| Unrestricted | funds | 131,842 | 33,222 | (133,990) | 31,074 | |
| At | ||||||
| At | 31 | March 202 | ||||
| 1 | April 2020 | Income | Expenditure | 1 | ||
| 2 | ||||||
| Unrestricted | funds | 92,351 | 250,980 | (211,489) | 131,842 |
| Restricted funds | ||||
|---|---|---|---|---|
| At | ||||
| At | 31 | March 202 | ||
| 1 April 2021 | Income | Expenditure | 2 | |
| 2 | 6 | 2 | ||
| COMF | 1,065,283 | (833,256) | 232,027 | |
| WEB | 3,000 | (1,560) | 1,440 | |
| Website Development | 5,000 | 5,000 | ||
| Together Resilience | 540 | (75) | 465 | |
| Torbay Development | 6,000 | 6,000 | ||
| 1,079,823 | (834,891) | 244,932 |
| Analysis of net as | sets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| 2 | ||||
| Current assets | 42,549 | 425,069 | 467,618 | |
| Creditors less than | 1 year | (11,475) | (180,137) | (191,612) |
| Net assets | 31,074 | 244,932 | 276,006 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| 2 | ||||
| Current assets | 145,132 | 145,132 | ||
| Creditors less than | 1 year | (13,290) | (13,290) | |
| Net assets | 131,842 | 131,842 |
| Analy | sis | of | chan | ges | in net debt |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| At | |||||||||||
| At | 1 | Apr 2021 | Cash flows | 31 Mar | 2022 | ||||||
| 2 | 2 | ||||||||||
| Cash | at | bank | and | in | hand | 145,132 | (31,744) | 113,388 |