**Charity number: 1160914**
# **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE (Charitable Incorporated Organisation)**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
Whiting & Partners Chartered Accountants & Business Advisers George Court Bartholomew's Walk Ely Cambridgeshire CB7 4JW
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
|**CONTENTS**||
|---|---|
||Page|
|**Reference and administrative details of the charity, its trustees and advisers**|1|
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5 - 6|
|**Statement of financial activities**|7|
|**Balance sheet**|8|
|**Notes to the financial statements**|9 - 16|
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021**
## **Trustees**
L Every, Chairman D Pasek, Treasurer (appointed 1 August 2018) C Yarrow, Trustee (appointed 16 March 2015) R Mair, Trustee (appointed 16 March 2015) D Ogilvie, Trustee (appointed 16 March 2015) J Jackley, Trustee (appointed 20 August 2015) S Utteridge, Trustee (appointed 1 August 2018)
## **Charity registered number**
1160914
## **Principal office**
41e Forehill, Ely, Cambridgeshire, CB7 4AA
## **Senior management team**
G Hawkes, Chief Officer
## **Independent Examiner**
Whiting & Partners, George Court, Bartholomew's Walk, Ely, Cambridgeshire, CB7 4JW
## **Bankers**
CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ
Page 1
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2021**
The Trustees present their annual report together with the financial statements of the charity Voluntary & Community East Cambridgeshire (the charity) for the year ended 31 March 2021.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **a. Constitution**
The Charity’s constitution was adopted on 16 March 2015.
Voluntary and Community Action East Cambridgeshire (VCAEC) was established many years ago as a Charitable Organisation.
The whole undertaking of the Charitable Association (Registration No 1039159) was passed to the Charitable Incorporated Organisation (CIO) on 1 April 2015 and the Charitable Association was removed from the Charity Commission's register in February 2017.
The CIO constitution was adopted on 16 March 2015 in preparation for the transfer on 1 April 2015.
## **b. Method of appointment or election of trustees**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the consitution.
## **c. Organisational structure and decision making**
Voluntary and Community Action East Cambridgeshire (VCAEC) and its property shall be administered and managed in accordance with its constitution by the members of the Board of Trustees. Members of the management committee and trustees are listed on page 1.
## **OBJECTIVES AND ACTIVITIES**
## **a. Polices and objectives**
VCAEC objectives are:
a) to promote any charitable purposes for the benefit of the community in the local government district of East Cambridgeshire and its neighbourhood and, in particular, the advancement of education, the protection of health and the relief of poverty, distress and sickness;
b) to promote and organise co-operation in the achievement of the above purposes and to that end to bring together in council representatives of the voluntary organisations and statutory authorities within the East Cambridgeshire and its neighbourhood.
c) to bring together representatives of the local voluntary and statutory sectors so that areas of mutual concern can be discussed;
d) to feed back the concerns of local groups to policy makers, as part of the local government network;
e) to particularly support the advancement of education, the protection of health and the relief of poverty, distress and sickness;
f) to seek to challenge all forms of oppression and inequality and to give priority to working with people
Page 2
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021**
whose full participation in society is limited by economic, political and social disadvantage.
Provided that in carrying out these charitable purposes, VCAEC will seek to challenge all forms of oppression and inequality and to give priority to working with people whose full participation in society is limited by economic, political and social disadvantage.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing VCAEC's aims and objectives.
## **b. MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing VCAEC's aims and objectives.
## **ACHIEVEMENTS AND PERFORMANCE**
## **a. Review of activities**
The organisation has continued to progress, move forward and respond to local need in difficult economic circumstances caused by the Covid 19 pandemic. Whilst our activity levels were impacted in some areas, financially we have been able to manage our activities to ensure we have retained a healthy surplus and believe we are well positioned to move forward and develop our activities. Through funding applications on behalf of ourselves and local voluntary and community sectors (VCS) groups we managed to lever almost £45,000 in actual funds into the community.
Given the added value of volunteers working for the organisation, as office volunteers, drivers, project workers and trustees, we estimate a further £97,173 of assistance in monetary terms (based on Volunteering England’s hourly rate and on costs for voluntary work of £12 per hour). Adding the training we provided our added value is estimated at circa £120,000, far more than expended on VCAEC.
This has not taken into account the volunteers we have recruited and deployed to other voluntary organisations in East Cambridgeshire who in turn are generating voluntary hours and adding value on a daily basis. Whilst this is an impossible figure to monitor or quantify it will provide thousands of pounds of added value to the community.
The “Helping Hands” project supported by a hard working team of volunteers has continued to be successful. We have successfully attracted funding to ensure the project has continued for a further year. We received over 83 referrals during the year and completed 133 tasks from small maintenance jobs to complete garden makeovers whist operating outside the Covid lockdowns during the year. This project continues to benefit both the volunteers on the project and those for whom the work is completed.
The Social car service continues to be popular and a vital local service supporting the existing transport infrastructure in this rural area, to their credit our drivers operated throughout the Covid lockdowns. Utilising 30 volunteer drivers they undertook 2,704 journeys, covering 42,974 miles and using 2,942 volunteer driver hours. Volunteering remains high on the political agenda, Governments vision of the Community helping themselves and utilising local resources and Localism still warrants an increase in people needed as volunteers and wishing to offer time for voluntary work. Volunteering Cambridgeshire and Peterborough (VC&P), the Volunteer Centre Managers Network continues to support events throughout the county which encourages people to become involved in volunteering to add value to their communities
. VCAEC supported local community groups and East Cambridgeshire District Council throughout the restrictions imposed by the Covid 19 pandemic and keeps a high profile and presence on various boards and relevant committees to represent the views and needs of VCSE across East Cambridgeshire.
Page 3
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021**
## **b. Investment policy and performance**
The operating surplus in the unrestricted general fund for the period amounted to £7,310 (2020 - deficit £5,638).
## **FINANCIAL REVIEW**
## **a. Reserves Policy**
The trustees consider it prudent to hold reserves to cover anticipated future running costs. The General Funds and the Emergency operating fund stands at £23,995 which together with funding already promised, secures the future of the volunteer centre for the forthcoming year.
Sufficient reserves are maintained to ensure that the charity’s future expenditure objectives can be met, given certain assumptions made about future income streams. The Trustees believe that a 3 month provision should be sufficient.
## **TRUSTEES' RESPONSIBILITIES STATEMENT**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees, on 6 September 2021 and signed on their behalf by:
L Every, Chairman
Page 4
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE (the 'charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the Year ended 31 March 2021.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.
## **RESPONSIBILITIES AND BASIS OF REPORT**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Page 5
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **INDEPENDENT EXAMINER'S REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021**
## **INDEPENDENT EXAMINER'S STATEMENT**
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Ian Piper
Dated: 7 September 2021
## **MR I G C PIPER FCA Partner of Whiting & Partners**
George Court Bartholomew's Walk Ely Cambridgeshire CB7 4JW
Page 6
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
|**Unrestricted**
**funds**
**Note**
**2021**
**£**
**INCOME FROM:**
Grants and donations
2
**30,585**
Charitable activities
3
**-**
Investments
4
**5,561**
Other income
**16,000**
**TOTAL INCOME**
**52,146**
**EXPENDITURE ON:**
Raising funds
**43,972**
Charitable activities
5
**864**
**TOTAL EXPENDITURE**
6
**44,836**
**NET INCOME / (EXPENDITURE) BEFORE**
**OTHER RECOGNISED GAINS AND**
**LOSSES**
**7,310**
**NET MOVEMENT IN FUNDS**
**7,310**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**16,685**
**TOTAL FUNDS CARRIED FORWARD**
**23,995**|**Restricted**
**funds**
**2021**
**£**
**44,779**
**13,289**
**-**
**-**
**58,068**
**45,539**
**-**
**45,539**
**12,529**
**12,529**
**5,273**
**17,802**|**Total**
**funds**
**2021**
**£**
**75,364**
**13,289**
**5,561**
**16,000**
**110,214**
**89,511**
**864**
**90,375**
**19,839**
**19,839**
**21,958**
**41,797**|_Total_
_funds_
_2020_
_£_
_65,409_
_22,313_
_3,796_
_17,000_
_108,518_
_110,549_
_993_
_111,542_
_(3,024)_
_(3,024)_
_24,982_
_21,958_|
|---|---|---|---|
The notes on pages 9 to 16 form part of these financial statements.
Page 7
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **BALANCE SHEET AS AT 31 MARCH 2021**
|**Note**
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank and in hand
**CREDITORS:**amounts falling due within
one year
11
**NET CURRENT ASSETS**
**NET ASSETS**
**CHARITY FUNDS**
Restricted funds
12
Unrestricted funds
12
**TOTAL FUNDS**|**£**
**512**
**43,608**
**44,120**
**(8,350)**|**2021**
**£**
**6,027**
**35,770**
**41,797**
**17,802**
**23,995**
**41,797**|_£_
_1,936_
_26,797_
_28,733_
_(13,535)_|_2020_
_£_
_6,760_
_15,198_|
|---|---|---|---|---|
|||||_21,958_|
|||||_5,273_
_16,685_|
|||||_21,958_|
The financial statements were approved by the Trustees on 6 September 2021 and signed on their behalf, by:
D Pasek, Treasurer
The notes on pages 9 to 16 form part of these financial statements.
Page 8
**VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
Voluntary & Community Action East Cambridgeshire constitutes a public benefit entity as defined by FRS 102.
## **1.2 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
Page 9
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES (continued)**
## **1.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
## **1.4 Tangible fixed assets and depreciation**
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor vehicles - 20% reducing balance - Computer & office equipment 3 or 5 years straight line Other fixed assets - 4 years straight line
## **1.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **1.6 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.7 Cash at Bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 10
**VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES (continued)**
## **1.8 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.
## **1.9 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.10 Government grants**
Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.
Page 11
**VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES (continued)**
## **1.11 Pensions**
The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the period.
## **1.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **1.13 Reserves**
Sufficient reserves are maintained to ensure that the charity's future expenditure objectives can be met, given certain assumptions made about future income streams. The Trustees believe that a 3 month provision should be sufficient.
## **2. INCOME FROM GRANTS AND DONATIONS**
|**Unrestricted**
**funds**
**2021**
**£**
Donations & gifts
**1,732**
Grants
**28,853**
Total donations and legacies
**30,585**
_Total 2020_
_20,261_|**Restricted**
**funds**
**2021**
**£**
**9,653**
**35,126**
**44,779**
_45,149_|**Total**
**funds**
**2021**
**£**
**11,385**
**63,979**
**75,364**
_65,410_|_Total_
_funds_
_2020_
_£_
_15,913_
_49,496_|
|---|---|---|---|
|||||
|||||
||||_65,409_|
|||||
Page 12
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **3. INCOME FROM CHARITABLE ACTIVITIES**
|**Unrestricted**
**funds**
**2021**
**£**
Transport
**-**
**-**
_Total 2020_
_-_
**INVESTMENT INCOME**
**Unrestricted**
**funds**
**2021**
**£**
Rent
**5,550**
Bank interest receivable
**11**
**5,561**
_Total 2020_
_3,796_
**GOVERNANCE COSTS**
**Unrestricted**
**funds**
**2021**
**£**
Independent examiners fees
**864**
AGM expenses
**-**
**864**|**Restricted**
**funds**
**2021**
**£**
**13,289**
**13,289**
_22,313_
**Restricted**
**funds**
**2021**
**£**
**-**
**-**
**-**
_-_
**Restricted**
**funds**
**2021**
**£**
**-**
**-**
**-**|**Total**
**funds**
**2021**
**£**
**13,289**
**13,289**
_22,313_
**Total**
**funds**
**2021**
**£**
**5,550**
**11**
**5,561**
_3,796_
**Total**
**funds**
**2021**
**£**
**864**
**-**
**864**|_Total_
_funds_
_2020_
_£_
_22,313_
_22,313_|
|---|---|---|---|
||||_Total_
_funds_
_2020_
_£_
_3,760_
_36_
_3,796_|
||||_Total_
_funds_
_2020_
_£_
_834_
_159_
_993_|
**4. INVESTMENT INCOME**
**5. GOVERNANCE COSTS**
Page 13
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **6. ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE**
|Expenditure on raising
voluntary income
**Costs of raising funds**
Expenditure on governance
_Total 2020_|**Staff costs**
**Depreciation**
**Other costs**
**2021**
**£**
**2021**
**£**
**2021**
**£**
**53,061**
**149**
**36,300**
**53,061**
**149**
**36,300**
**-**
**-**
**864**
**53,061**
**149**
**37,164**
_53,906_
_3,641_
_53,995_|**Total**
**2021**
**£**
**89,510**
**89,510**
**864**
**90,374**
_111,542_|_Total_
_2020_
_£_
_110,549_|
|---|---|---|---|
|||||
|||||
||||_110,549_
_993_|
|||||
|||||
||||_111,542_|
|||||
## **7. NET INCOME/(EXPENDITURE)**
This is stated after charging:
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Depreciation of tangible fixed assets:|||
|- owned by the charity|**733**|_1,983_|
During the Year, no Trustees received any remuneration (2020 - £NIL). During the Year, no Trustees received any benefits in kind (2020 - £NIL). During the Year, no Trustees received any reimbursement of expenses (2020 - £NIL).
## **8. STAFF COSTS**
Staff costs were as follows:
|Wages and salaries
Other pension costs|**2021**
**£**
**48,716**
**4,345**
**53,061**|_2020_
_£_
_49,493_
_4,413_|
|---|---|---|
|||_53,906_|
The average number of persons employed by the charity during the Year was as follows:
|**2021**|_2020_|
|---|---|
|**No.**|_No._|
|**3**|_3_|
No employee received remuneration amounting to more than £60,000 in either year.
Page 14
## **VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **9. TANGIBLE FIXED ASSETS**
|**Motor**
**vehicles**
**£**
**Cost**
At 1 April 2020 and 31 March 2021
**7,140**
**Depreciation**
At 1 April 2020
**595**
Charge for the Year
**595**
At 31 March 2021
**1,190**
**Net book value**
At 31 March 2021
**5,950**
_At 31 March 2020_
_6,545_
**10.**
**DEBTORS**
Other debtors
**11.**
**CREDITORS: Amounts falling due within one year**|**Computer**
**equipment**
**£**
**11,997**
**11,782**
**138**
**11,920**
**77**
_215_
|**Computer**
**equipment**
**£**
**11,997**
**11,782**
**138**
**11,920**
**77**
_215_
|**Other fixed**
**assets**
**£**
**3,797**
**3,797**
**-**
**3,797**
**-**
_-_
**2021**
**£**
**512**|**Total**
**£**
**22,934**|
|---|---|---|---|---|
|||||**16,174**
**733**|
|||||**16,907**|
|||||**6,027**|
|||||_6,760_|
|||||_2020_
_£_
_1,936_|
||||||
|**CREDITORS: Amounts falling due within one year**|||
|---|---|---|
|Other taxation and social security
Accruals and deferred income
Grant for purchase of fixed asset)|**2021**
**£**
**-**
**2,517**
**5,833**
**8,350**|_2020_
_£_
_974_
_6,144_
_6,417_|
|||_13,535_|
Page 15
**VOLUNTARY & COMMUNITY ACTION EAST CAMBRIDGESHIRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **12. STATEMENT OF FUNDS**
## **STATEMENT OF FUNDS - CURRENT YEAR**
|**Balance at**
**1 April 2020**
**£**
**Unrestricted funds**
Emergency Operating Fund
**10,000**
General Funds
**6,685**
**16,685**
**Restricted funds**
Helping Hands
**3,447**
Social Car Scheme
**129**
Whats your game
**1,697**
**5,273**
Total of funds
**21,958**|**Income Expenditure**
**£**
**£**
**-**
**-**
**52,146**
**(44,836)**
**52,146**
**(44,836)**
**15,054**
**(12,444)**
**13,771**
**(13,708)**
**29,243**
**(19,387)**
**58,068**
**(45,539)**
**110,214**
**(90,375)**|**Balance at**
**31 March**
**2021**
**£**
**10,000**
**13,995**
**23,995**
**6,057**
**192**
**11,553**
**17,802**
**41,797**|
|---|---|---|
## **STATEMENT OF FUNDS - PRIOR YEAR**
|**General funds**
Emergency Operating Fund
General Funds
**Restricted funds**
Helping Hands
Social Car Scheme
Whats your game
Total of funds|_Balance at_
_1 April 2019_
_£_
_20,000_
_2,323_
_22,323_
_2,419_
_239_
_-_
_2,658_
_24,981_|_Income_
_£_
_-_
_41,057_
_41,057_
_23,459_
_23,229_
_20,774_
_67,462_
_108,519_|_Expenditure_
_£_
_-_
_(46,695)_
_(46,695)_
_(22,431)_
_(23,339)_
_(19,077)_
_(64,847)_
_(111,542)_|_Transfers_
_in/out_
_£_
_(10,000)_
_10,000_
_-_
_-_
_-_
_-_
_-_
_-_|_Balance at_
_31 March_
_2020_
_£_
_10,000_
_6,685_
_16,685_
_3,447_
_129_
_1,697_
_5,273_
_21,958_|
|---|---|---|---|---|---|
Page 16