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2025-03-31-accounts

IMPACT REPORT

Over 50 Years of Supporting Local Residents through our Volunteers

An award-winning local charity, backed by incredible volunteers, enabling us to offer essential support to nearly 1,000 residents throughout Wokingham Borough.

2024-25

CIO 1161498

Our Purpose

Our Charitable Objects are:

The relief in need of vulnerable elderly and disabled people for the public benefit within, but not exclusively, the Wokingham Borough area in particular by the provision of basic, volunteer-based and subsidised, low cost services and signposting them to additional statutory and volunteer sources of help to enable them to continue living in their own homes and not require moving into care.

� To promote the efficiency and effectiveness in the charitable activities of not-for-profit organisations, voluntary groups and charities working for the benefit of the public in the fields of community health and social care.

� Activities in furtherance of this purpose will include the provision of a volunteer brokerage service to both potential volunteers and charitable/voluntary organisations wishing to recruit volunteer assistance.

Projects

Details Outcomes

Volunteer Brokerage

Supporting local charities and voluntary organisations to attract new volunteers

Community Transport Schemes

Supporting older residents to get to vital medical appointments and social events

Green ‘n’ Tidy Gardening Service

Supporting residents Enabling safe unable to manage or enjoyment of outdoor afford a commercial spaces service to keep their Keeping residents safe gardens safe and tidy from rogue traders

Chair’s Welcome

Dr. Julian Thompson

This year has underlined both the resilience and the strategic importance of Wokingham Volunteer Centre. In the face of economic pressures and rising demand, we have continued to expand our services, strengthen partnerships, and deliver results.

We remain committed to strengthening the recruitment and retention of volunteers; deepening our collaboration with partners to maximise our collective impact; and maintaining a strong focus on prevention. Our focus on delivering outstanding services and value translates into measurable impact, helping older and vulnerable residents stay independent, reducing isolation, and building a stronger, safer, and more connected community.

We are proud of what has been achieved, but more importantly, we are confident about the future. With the continued dedication of our volunteers, trustees, partners, and funders, the Wokingham Volunteer Centre is well-placed to respond to the challenges that lie ahead while remaining a cornerstone of the Wokingham Borough area.

Thank you for your support.

Chief Officer’s Report

Nick Fellows

I was privileged to join Wokingham Volunteer Centre five years ago and it is rewarding to see how our services have managed to develop and grow despite the plethora of challenges we, like so many charities, have faced in that time.

Surviving the Covid pandemic as an organisation was made possible only by the selfless dedication of our many, many local volunteers and it is they to whom we owe a huge debt of thanks for continuing to support us and residents in need across the whole Borough. As the cost of living crisis bites deeper into our vulnerable communities we have scaled up our support wherever possible, with the backing of our Board of Trustees and of course the many partners and supporters who continue to commit to, and fund, our efforts.

We are delighted this year to have secured our first formal corporate sponsor in Wilmoths Citroen, who have supported us with our second new van as we continue to expand our gardening service, supporting those who can no longer manage their garden themselves nor afford a commercial service. We are grateful too to Wokingham Borough Council, who have extended our three service contracts for two more years, giving us a degree of financial security and allowing us the opportunity to plan ahead with confidence. Other Town and Parish Councils, along with a number of local charities and donors, have also been generous in their support which, alongside our own income generation, helps to ensure we’re not totally dependent upon one source of income to continue our operations. Every contribution is gratefully received.

In measuring our impact we are confident in our ability to provide a great return on the investment made by all of our supporters; in fact, we have measured this to be approximately 5.9 times that investment when taking into account our volunteers’ time and the additional funding sources available to us as a charity. We are proud that our commitment and dedication in supporting residents is highly valued and respected and look forward to working with all our partners in the year ahead.

Treasurer’s Report

Petra Williams

During the last financial period the charity was dependent on service contracts and grants from local councils for more than half its income. The Charity was well supported by Wokingham Borough Council. The charity showed a small surplus for the year. Trustees have again approved a small deficit budget for 2025-26 with a medium-term plan to meet breakeven. The Reserves remain strong and the financial situation is robust.

Our Impact

The real impact of our work is the benefit we provide to local residents, supporting them to continue living in their own home for longer and thus preventing, reducing and delaying the need for them to access or move into formal care. The value of this is incalculable when it means someone’s life is made that much better, thanks to our amazing volunteers.

The return on investment we provide, however, is considerable when measured in monetary terms, increasing this year to 5.9x the value of our formal service contracts when full value is calculated. This represents £595k of output for an input of just £101k.

Volunteer Services

The Volunteer Brokerage scheme c ~~o~~ ntinues to provide support to those who live in and around Wokingham Borough to ~~fi~~ nd the right role for them. We

work closely with community, voluntary and charitable groups across the Borough to help them recruit volunteers.

Volunteer Fairs

As part of the invaluable service we provide, we hold Volunteer Fairs to enable as many people as possible to access as many charities as possible on a faceto-face basis. During this period, we held a number of Volunteer Fairs across Wokingham Borough We held our two main Saturday Volunteer Fairs at Wokingham Town Hall in October 2024 and February 2025. Both Fairs were very successful with over 100 people attending each event..

Helena Badger

Volunteer Services

continued

“It would take us, as a charity, at least 6 months to recruit the number of volunteers we get from just one Volunteer Fair, if we had to do it ourselves. The benefit to us is huge!” Emma Cantrell, CEO First Days, attended the February 2025 Fair

“What a wonderful event. I wasn’t sure what I wanted to do, so this is the perfect event for me, as there is such a variety of local charities to choose from. I’ve taken away so many leaflets, I just need to be careful to not say yes to them all!”

Volunteer Brokerage

Working with charities and organisations to recruit volunteers; working with volunteers to find the right role for them, we are passionate about finding the right fit for both. Alongside the Volunteer Fairs, our ‘24/7’ volunteering portal (www.volunteerwokinghamborough.org. uk) continues to be one of the best ways for most charities to advertise for what they need. We continue to promote volunteering whenever possible; through the columns in the Wokingham Paper, Parish newsletters and local publications such as the Wokingham Word. We post regularly on social media to take the opportunity to promote what we do and what support local charities need. We tied in our posts with events on a local and national level such as; the Wokingham May Fayre and Winter Carnival, Mental Health awareness week in May, National Volunteers Week in June and Older Person Day in October.

Volunteer Services

Partnership working

Positive feedback

Our most recent survey of charities attending our Volunteer Fairs returned many positive comments:

continued

“ I would like to say thank you for all

the hard work you must have put in to organise the event. We had lots of people show an interest in supporting us. We have had one person who has volunteered to build our website already and we only met them yesterday!” Epilepsy Berkshire, attended October 2024 Fair

Measures of satisfaction

----- Start of picture text -----
Satisfaction
100
80
60
40
20
0
A B C D E
----- End of picture text -----

Green ‘n’ Tidy Gardening Service

Our basic gardening service is aimed at helping to keep gardens looking tidy and usable throughout the year and supports residents who have often loved spending their time tending their gardens for themselves.

Changing circumstances may mean they are no longer able to do this and have no one close by who can take over for them. In turn, their pride and joy can become a worry, as well as a dangerous and overgrown space so our volunteers come to the rescue and make sure their outdoor haven can continue to be enjoyed all year round, whilst deterring potential rogue traders and other criminal activity.

In January we replaced our oldest van with a newer model, assisted by a generous package from Wilmoths Citroën Wokingham, who are now our exclusive vehicle partner.

In March we added an additional gardening team on Wednesdays which has enabled us to expand our service by around 18 clients. We are still seeking to recruit additional team leaders so that we can add a further two gardening teams to our weekly rota. We were supported financially by generous grants from the National Lottery, Earley Charity, Berkshire Community Foundation, Wokingham Community Safety Partnership, Wokingham Lions Club and Easthampstead Rotary Club and we are extremely grateful for all their support and confidence in the value of our project.

Paul King

Our biggest challenge remains the recruitment of more volunteers and Team Leaders to enable us to keep up with escalating demand but the return for volunteers is the opportunity to build friendships within the team as well as helping others.

GnT Impact

Thank you to all our wonderful volunteers: “adding life to years and years to life”.

Community Transport Schemes

The Wokingham Transport Scheme was one of the original services provided by TWVC and continues to offer vital support to enable older residents get to essential appointments with the assistance of a friendly volunteer driver, taking them from their front door to the appointment and back home again.

As the graph illustrates, demand has continued to increase significantly this year and we have seen a further rise in the number of drives completed, by more than 15%. We continue to recruit more drivers than ever before to create additional capacity but, despite this, transport remains a critical issue for many Borough residents who cannot drive or use public transport and need additional support.

Sources of income

We are fortunate to have some diversific ~~a~~ tion in our income streams although, in we are reality, heavily ~~n~~ depe dant upon the public sector. Our service contracts comprise just over half of our income but client contributions, fundraising, grants, interest and donations now make up 26%.

We are very grateful for the regular support we receive from Wokingham Borough Council and our Town & Parish Councils as well as Wokingham United Charities, Easthampstead Rotary Club, Wokingham Lions Club, Wokingham Rotary Club, Berkshire Community Foundation and many generous individuals.

Thank you to all our volunteers, donors and supporters. We are proud of the difference we can make to people’s lives, thanks to you.

volunteer@wok-vol.org.uk

wokinghamvolunteercentre.org.u ~~k~~

Charity& Community Hub, Waterford House, ~~E~~ rftstadt Court, Wokingham ~~R~~ G40 2YF 0118 977 0749

REGISTERED CHARITY NUMBER: 1161498

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Wokingham Volunteer Centre

PPK Accountants Limited Chartered Certified Accountants Sandhurst House 297 Yorktown Road Sandhurst Berkshire GU47 0QA

The Wokingham Volunteer Centre

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

The Wokingham Volunteer Centre

Report of the Trustees for the Year Ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

ACHIEVEMENTS AND PERFORMANCE

The Wokingham Volunteer Centre returned a small surplus of £3,074 (2024 - £2235) for the year. Total incoming resources increased to £195,810 (2024 - £177,140) whilst costs were £192,736 (2024 - £174,905). Containing costs and obtaining sustainable project funding remains a significant challenge and focus of attention for Trustees, especially in the continued climate of uncertainty around local authority funding, the increased tax burden on charities and growing funding challenges facing the voluntary sector more widely. The Centre has successfully completed the third year of two three-year service contracts from Wokingham Borough Council and is pleased to see the option to extend by two further years has been exercised. One of these (Volunteer Brokerage & Development) leaves a significant shortfall between the funding awarded and the cost of delivering the service, however successful grant funding applications and generous donations enabled the Centre to expand the Green 'n' Tidy Gardening Service and the Volunteer Centre as a whole remains fiscally strong with a robust balance sheet.

SUMMARY OVERVIEW

The Community Transport, Gardening and Volunteer Brokerage & Development Services performed successfully but with ongoing increases in demand as local need rises across the Borough and awareness of our services further increased. In response to this growing demand our volunteers responded magnificently but capacity could not fully match the greater calls on our resources. The transport service continued its growth in the number of drivers and the small office team, complemented by seven regular desk volunteers, continued to exhaust all options before having to turn down any requests. The number of social trips saw further growth, partly through our partnership through the Friendship Alliance with the Link Visiting scheme, as we sought to reduce the effects of loneliness alongside transporting clients to vital medical appointments. The extensive waiting list for our basic gardening scheme is reducing after the introduction of an additional van and related equipment, with new volunteer teams coming on board to ensure we can maximise capacity. The usual programme of Volunteer Recruitment activities was supplemented with a series of local recruitment fairs throughout the Borough in a concerted effort to promote the benefits of volunteering alongside the growing needs of local charities and voluntary organisations. Prospective and current volunteers face increasing pressures on their time and all charities are facing a shortage of capacity in relation to the demands being placed upon their services.

FINANCIAL REVIEW

During the last financial period the charity was dependent on service contracts and grants from local councils for more than half its income. The Charity was well supported by Wokingham Borough Council. The charity showed a small surplus for the year. Trustees have again approved a small deficit budget for 2025-26 with a medium-term plan to meet breakeven. The Reserves remain strong and the financial situation is robust.

RESERVES

Due to the ongoing funding uncertainty, the Trustees continue to support maintaining a designated reserves fund representing two quarters' operating costs. This amounted to £98,000 based on the 12 months to 31st March 2025. Total unrestricted reserves (including designated) were £126,729 (2024 - £123,655) and restricted reserves were £3385 giving total reserves of £130,114 (2024 - £127,040). Trustees plan to use the existing Reserve Fund to cover any operating deficits and to remain open to opportunities to trial small-scale, time-limited, and unfunded initiatives that fall within the scope of our charitable purposes. If such trials prove successful, more sustainable funding can then be sought to support them for the longer term.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a Charity Commission scheme and constitutes a Charitable Incorporated Organisation (CIO).

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1161498

Page 1

The Wokingham Volunteer Centre

Report of the Trustees for the Year Ended 31 March 2025

Principal address

Charity & Community Hub 1st Floor, Waterford House Erftstadt Court, Denmark Street Wokingham Berkshire RG40 2YF

Trustees

M Jeater P Cleary (resigned 16.9.24) Mrs G Durrant - Secretary J P W Thompson - Chair Mrs D J Sussex Mrs A Williams T McFadyen Miss P J Williams - Treasurer

Independent Examiner

PPK Accountants Limited Chartered Certified Accountants Sandhurst House 297 Yorktown Road Sandhurst Berkshire GU47 0QA

SUMMARY

The Trustees, Centre Manager, staff and volunteers are focused on delivering and developing services that significantly improve the independence of vulnerable and disadvantaged members of the local community. We work in partnership with many local charities, voluntary organisations, and local authorities. We thank all those who continue to fund or donate to us in these difficult times.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ J P W Thompson - Trustee

Page 2

Independent Examiner's Report to the Trustees of The Wokingham Volunteer Centre

Independent examiner's report to the trustees of The Wokingham Volunteer Centre

I report to the charity trustees on my examination of the accounts of The Wokingham Volunteer Centre (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the 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.

James Brooks

PPK Accountants Limited Chartered Certified Accountants Sandhurst House 297 Yorktown Road Sandhurst Berkshire GU47 0QA

Date: .............................................

Page 3

The Wokingham Volunteer Centre

Statement of Financial Activities

for the Year Ended 31 March 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
14,422
Charitable activities
Charitable Activities
180,297
Investment income
2
1,091
Total
195,810
EXPENDITURE ON
Charitable activities
Charitable Activities
192,736
NET INCOME
3,074
RECONCILIATION OF FUNDS
Total funds brought forward
123,655
TOTAL FUNDS CARRIED FORWARD
126,729
Restricted
funds
£
-
-
-
-
-
-
3,385
3,385
2025
Total
funds
£
14,422
180,297
1,091
195,810
192,736
3,074
127,040
130,114
2024
Total
funds
£
13,432
162,467
1,241
177,140
174,905
2,235
124,805
127,040

The notes form part of these financial statements

Page 4

The Wokingham Volunteer Centre

Balance Sheet

31 March 2025

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
5
22,873
CURRENT ASSETS
Debtors
6
8,705
Cash at bank and in hand
126,314
135,019
CREDITORS
Amounts falling due within one year
7
(31,163)
NET CURRENT ASSETS
103,856
TOTAL ASSETS LESS CURRENT
LIABILITIES
126,729
NET ASSETS
126,729
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
-
-
3,385
3,385
-
3,385
3,385
3,385
2025
Total
funds
£
22,873
8,705
129,699
138,404
(31,163)
107,241
130,114
130,114
126,729
3,385
130,114
2024
Total
funds
£
15,421
8,756
129,676
138,432
(26,813)
111,619
127,040
127,040
123,655
3,385
127,040

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. J P W Thompson - Trustee

............................................. P J Williams - Trustee

The notes form part of these financial statements

Page 5

The Wokingham Volunteer Centre

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost Motor vehicles - 25% on cost Computer equipment - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 6

continued...

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. INVESTMENT INCOME

INVESTMENT INCOME
2025 2024
£ £
Deposit account interest 1,091 1,241

3. TRUSTEES' REMUNERATION AND BENEFITS

During the year a trustee, Mr M Jeater, was also employed as a gardening Team Leader, receiving £3,081 (2024: £2,934) for services rendered. These costs are included as gardening expenditure within the wages costs of charitable activities. It was agreed that there was no conflict of interest.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

2025 2024
General and administration 12 9

No employees received emoluments in excess of £60,000.

5.

TANGIBLE FIXED ASSETS

Plant and
machinery
£
COST
At 1 April 2024
2,280
Additions
-
Disposals
-
At 31 March 2025
2,280
DEPRECIATION
At 1 April 2024
2,280
Charge for year
-
Eliminated on disposal
-
At 31 March 2025
2,280
NET BOOK VALUE
At 31 March 2025
-
At 31 March 2024
-
Motor
Computer
vehicles
equipment
£
£
22,016
5,792
12,000
-
(4,800)
-
29,216
5,792
6,595
5,792
4,548
-
(4,800)
-
6,343
5,792
22,873
-
15,421
-
Totals
£
30,088
12,000
(4,800)
37,288
14,667
4,548
(4,800)
14,415
22,873
15,421

continued...

Page 7

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Prepayments
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
MOVEMENT IN FUNDS
Net
movement
At 1.4.24
in funds
£
£
Unrestricted funds
General fund
42,155
3,233
Designated Reserves
80,000
-
Hardship Fund
1,500
(159)
123,655
3,074
Restricted funds
Gardening Equipment
215
-
Earley Transport Transfer
3,170
-
3,385
-
TOTAL FUNDS
127,040
3,074
2025
£
3,230
5,475
8,705
2025
£
6,738
2,053
22,372
31,163
2025
£
9,005
Transfers
between
funds
£
(37,000)
37,000
-
-
-
-
-
-
2024
£
4,038
4,718
8,756
2024
£
7,993
1,734
17,086
26,813
2024
£
8,785
At
31.3.25
£
8,388
117,000
1,341
2024
£
4,038
4,718
8,756
2024
£
7,993
1,734
17,086
2024
£
4,038
4,718
8,756
26,813
2024
£
8,785
126,729
215
3,170
3,385
130,114

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

8. LEASING AGREEMENTS

9. MOVEMENT IN FUNDS

continued...

Page 8

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

9. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Hardship Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated Reserves
Hardship Fund
Restricted funds
Gardening Equipment
Earley Transport Transfer
TOTAL FUNDS
Incoming
resources
£
195,810
-
195,810
195,810
At 1.4.23
£
39,234
80,000
1,500
120,734
901
3,170
4,071
124,805
Resources
Movement
expended
in funds
£
£
(192,577)
3,233
(159)
(159)
(192,736)
3,074
(192,736)
3,074
Net
movement
At
in funds
31.3.24
£
£
2,921
42,155
-
80,000
-
1,500
2,921
123,655
(686)
215
-
3,170
(686)
3,385
2,235
127,040

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Gardening Equipment
TOTAL FUNDS
Incoming
resources
£
177,140
-
177,140
Resources
Movement
expended
in funds
£
£
(174,219)
2,921
(686)
(686)
(174,905)
2,235

continued...

Page 9

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 10

The Wokingham Volunteer Centre

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Deposit account interest
Charitable activities
Services income
Fundraising
Grants and service contracts
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Other operating leases
Insurance
Telephone
Printing, postage & stationery
Costs of volunteer activities
Office running costs
Gardening equipment
Plant and machinery
Motor vehicles
Support costs
Management
Advertising
Finance
Bank charges
Governance costs
AGM fees
Accountancy and legal fees
Total resources expended
Net income
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
£
14,422
1,091
66,427
1,450
112,420
180,297
195,810
114,879
1,680
1,653
9,782
956
1,970
2,622
48,456
4,010
-
-
4,548
190,556
213
79
788
1,100
1,888
192,736
3,074
2024
£
13,432
1,241
61,957
2,335
98,175
162,467
177,140
98,164
975
1,549
9,459
1,000
2,006
1,886
49,857
3,992
686
21
1,795
171,390
1,511
16
788
1,200
1,988
174,905
2,235

This page does not form part of the statutory financial statements

Page 11

REGISTERED CHARITY NUMBER: 1161498

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Wokingham Volunteer Centre

PPK Accountants Limited Chartered Certified Accountants Sandhurst House 297 Yorktown Road Sandhurst Berkshire GU47 0QA

The Wokingham Volunteer Centre

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

The Wokingham Volunteer Centre

Report of the Trustees for the Year Ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

ACHIEVEMENTS AND PERFORMANCE

The Wokingham Volunteer Centre returned a small surplus of £3,074 (2024 - £2235) for the year. Total incoming resources increased to £195,810 (2024 - £177,140) whilst costs were £192,736 (2024 - £174,905). Containing costs and obtaining sustainable project funding remains a significant challenge and focus of attention for Trustees, especially in the continued climate of uncertainty around local authority funding, the increased tax burden on charities and growing funding challenges facing the voluntary sector more widely. The Centre has successfully completed the third year of two three-year service contracts from Wokingham Borough Council and is pleased to see the option to extend by two further years has been exercised. One of these (Volunteer Brokerage & Development) leaves a significant shortfall between the funding awarded and the cost of delivering the service, however successful grant funding applications and generous donations enabled the Centre to expand the Green 'n' Tidy Gardening Service and the Volunteer Centre as a whole remains fiscally strong with a robust balance sheet.

SUMMARY OVERVIEW

The Community Transport, Gardening and Volunteer Brokerage & Development Services performed successfully but with ongoing increases in demand as local need rises across the Borough and awareness of our services further increased. In response to this growing demand our volunteers responded magnificently but capacity could not fully match the greater calls on our resources. The transport service continued its growth in the number of drivers and the small office team, complemented by seven regular desk volunteers, continued to exhaust all options before having to turn down any requests. The number of social trips saw further growth, partly through our partnership through the Friendship Alliance with the Link Visiting scheme, as we sought to reduce the effects of loneliness alongside transporting clients to vital medical appointments. The extensive waiting list for our basic gardening scheme is reducing after the introduction of an additional van and related equipment, with new volunteer teams coming on board to ensure we can maximise capacity. The usual programme of Volunteer Recruitment activities was supplemented with a series of local recruitment fairs throughout the Borough in a concerted effort to promote the benefits of volunteering alongside the growing needs of local charities and voluntary organisations. Prospective and current volunteers face increasing pressures on their time and all charities are facing a shortage of capacity in relation to the demands being placed upon their services.

FINANCIAL REVIEW

During the last financial period the charity was dependent on service contracts and grants from local councils for more than half its income. The Charity was well supported by Wokingham Borough Council. The charity showed a small surplus for the year. Trustees have again approved a small deficit budget for 2025-26 with a medium-term plan to meet breakeven. The Reserves remain strong and the financial situation is robust.

RESERVES

Due to the ongoing funding uncertainty, the Trustees continue to support maintaining a designated reserves fund representing two quarters' operating costs. This amounted to £98,000 based on the 12 months to 31st March 2025. Total unrestricted reserves (including designated) were £126,729 (2024 - £123,655) and restricted reserves were £3385 giving total reserves of £130,114 (2024 - £127,040). Trustees plan to use the existing Reserve Fund to cover any operating deficits and to remain open to opportunities to trial small-scale, time-limited, and unfunded initiatives that fall within the scope of our charitable purposes. If such trials prove successful, more sustainable funding can then be sought to support them for the longer term.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a Charity Commission scheme and constitutes a Charitable Incorporated Organisation (CIO).

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1161498

Page 1

The Wokingham Volunteer Centre

Report of the Trustees for the Year Ended 31 March 2025

Principal address

Charity & Community Hub 1st Floor, Waterford House Erftstadt Court, Denmark Street Wokingham Berkshire RG40 2YF

Trustees

M Jeater P Cleary (resigned 16.9.24) Mrs G Durrant - Secretary J P W Thompson - Chair Mrs D J Sussex Mrs A Williams T McFadyen Miss P J Williams - Treasurer

Independent Examiner

PPK Accountants Limited Chartered Certified Accountants Sandhurst House 297 Yorktown Road Sandhurst Berkshire GU47 0QA

SUMMARY

The Trustees, Centre Manager, staff and volunteers are focused on delivering and developing services that significantly improve the independence of vulnerable and disadvantaged members of the local community. We work in partnership with many local charities, voluntary organisations, and local authorities. We thank all those who continue to fund or donate to us in these difficult times.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ J P W Thompson - Trustee

Page 2

Independent Examiner's Report to the Trustees of The Wokingham Volunteer Centre

Independent examiner's report to the trustees of The Wokingham Volunteer Centre

I report to the charity trustees on my examination of the accounts of The Wokingham Volunteer Centre (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the 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.

James Brooks

PPK Accountants Limited Chartered Certified Accountants Sandhurst House 297 Yorktown Road Sandhurst Berkshire GU47 0QA

Date: .............................................

Page 3

The Wokingham Volunteer Centre

Statement of Financial Activities

for the Year Ended 31 March 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
14,422
Charitable activities
Charitable Activities
180,297
Investment income
2
1,091
Total
195,810
EXPENDITURE ON
Charitable activities
Charitable Activities
192,736
NET INCOME
3,074
RECONCILIATION OF FUNDS
Total funds brought forward
123,655
TOTAL FUNDS CARRIED FORWARD
126,729
Restricted
funds
£
-
-
-
-
-
-
3,385
3,385
2025
Total
funds
£
14,422
180,297
1,091
195,810
192,736
3,074
127,040
130,114
2024
Total
funds
£
13,432
162,467
1,241
177,140
174,905
2,235
124,805
127,040

The notes form part of these financial statements

Page 4

The Wokingham Volunteer Centre

Balance Sheet

31 March 2025

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
5
22,873
CURRENT ASSETS
Debtors
6
8,705
Cash at bank and in hand
126,314
135,019
CREDITORS
Amounts falling due within one year
7
(31,163)
NET CURRENT ASSETS
103,856
TOTAL ASSETS LESS CURRENT
LIABILITIES
126,729
NET ASSETS
126,729
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
-
-
3,385
3,385
-
3,385
3,385
3,385
2025
Total
funds
£
22,873
8,705
129,699
138,404
(31,163)
107,241
130,114
130,114
126,729
3,385
130,114
2024
Total
funds
£
15,421
8,756
129,676
138,432
(26,813)
111,619
127,040
127,040
123,655
3,385
127,040

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. J P W Thompson - Trustee

............................................. P J Williams - Trustee

The notes form part of these financial statements

Page 5

The Wokingham Volunteer Centre

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost Motor vehicles - 25% on cost Computer equipment - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 6

continued...

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. INVESTMENT INCOME

INVESTMENT INCOME
2025 2024
£ £
Deposit account interest 1,091 1,241

3. TRUSTEES' REMUNERATION AND BENEFITS

During the year a trustee, Mr M Jeater, was also employed as a gardening Team Leader, receiving £3,081 (2024: £2,934) for services rendered. These costs are included as gardening expenditure within the wages costs of charitable activities. It was agreed that there was no conflict of interest.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

2025 2024
General and administration 12 9

No employees received emoluments in excess of £60,000.

5.

TANGIBLE FIXED ASSETS

Plant and
machinery
£
COST
At 1 April 2024
2,280
Additions
-
Disposals
-
At 31 March 2025
2,280
DEPRECIATION
At 1 April 2024
2,280
Charge for year
-
Eliminated on disposal
-
At 31 March 2025
2,280
NET BOOK VALUE
At 31 March 2025
-
At 31 March 2024
-
Motor
Computer
vehicles
equipment
£
£
22,016
5,792
12,000
-
(4,800)
-
29,216
5,792
6,595
5,792
4,548
-
(4,800)
-
6,343
5,792
22,873
-
15,421
-
Totals
£
30,088
12,000
(4,800)
37,288
14,667
4,548
(4,800)
14,415
22,873
15,421

continued...

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The Wokingham Volunteer Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Prepayments
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
MOVEMENT IN FUNDS
Net
movement
At 1.4.24
in funds
£
£
Unrestricted funds
General fund
42,155
3,233
Designated Reserves
80,000
-
Hardship Fund
1,500
(159)
123,655
3,074
Restricted funds
Gardening Equipment
215
-
Earley Transport Transfer
3,170
-
3,385
-
TOTAL FUNDS
127,040
3,074
2025
£
3,230
5,475
8,705
2025
£
6,738
2,053
22,372
31,163
2025
£
9,005
Transfers
between
funds
£
(37,000)
37,000
-
-
-
-
-
-
2024
£
4,038
4,718
8,756
2024
£
7,993
1,734
17,086
26,813
2024
£
8,785
At
31.3.25
£
8,388
117,000
1,341
2024
£
4,038
4,718
8,756
2024
£
7,993
1,734
17,086
2024
£
4,038
4,718
8,756
26,813
2024
£
8,785
126,729
215
3,170
3,385
130,114

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

8. LEASING AGREEMENTS

9. MOVEMENT IN FUNDS

continued...

Page 8

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

9. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Hardship Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated Reserves
Hardship Fund
Restricted funds
Gardening Equipment
Earley Transport Transfer
TOTAL FUNDS
Incoming
resources
£
195,810
-
195,810
195,810
At 1.4.23
£
39,234
80,000
1,500
120,734
901
3,170
4,071
124,805
Resources
Movement
expended
in funds
£
£
(192,577)
3,233
(159)
(159)
(192,736)
3,074
(192,736)
3,074
Net
movement
At
in funds
31.3.24
£
£
2,921
42,155
-
80,000
-
1,500
2,921
123,655
(686)
215
-
3,170
(686)
3,385
2,235
127,040

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Gardening Equipment
TOTAL FUNDS
Incoming
resources
£
177,140
-
177,140
Resources
Movement
expended
in funds
£
£
(174,219)
2,921
(686)
(686)
(174,905)
2,235

continued...

Page 9

The Wokingham Volunteer Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 10

The Wokingham Volunteer Centre

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Deposit account interest
Charitable activities
Services income
Fundraising
Grants and service contracts
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Other operating leases
Insurance
Telephone
Printing, postage & stationery
Costs of volunteer activities
Office running costs
Gardening equipment
Plant and machinery
Motor vehicles
Support costs
Management
Advertising
Finance
Bank charges
Governance costs
AGM fees
Accountancy and legal fees
Total resources expended
Net income
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
£
14,422
1,091
66,427
1,450
112,420
180,297
195,810
114,879
1,680
1,653
9,782
956
1,970
2,622
48,456
4,010
-
-
4,548
190,556
213
79
788
1,100
1,888
192,736
3,074
2024
£
13,432
1,241
61,957
2,335
98,175
162,467
177,140
98,164
975
1,549
9,459
1,000
2,006
1,886
49,857
3,992
686
21
1,795
171,390
1,511
16
788
1,200
1,988
174,905
2,235

This page does not form part of the statutory financial statements

Page 11