2021-03-31-accounts - Croydon Voluntary Association For The Blind

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				Page
Legal and administrative		information
Report ofthe Trustees				2to19
Independent Examiner's		Report		20
Statement of Financial		Activities		21
Balance Sheet				22
Cash Flow Statement				23
Notes to the Financial	Statements			24 to 35
Detailed Statement of	Financial		Activities	36to 37

Coproduction —our members to actively shape service develop	Coproduction —our members to actively shape service develop	me	nt	nt
2021			2022
~	92 new members joined (pre-Covid target of 100)		~	Collaborate with 8 external organisations
~	50service enablers engaged in operational		~	Further embed our model, Heart ofa Charity,
~	development meetings Surpassed engagement for peer support by 20%		~	Mindset ofa Business Introduce quarterly evening and weekend sessions to further engage working age members
Community	—improving our reach and engagement in Croydon	through
	Engaged with 3 new schools to raise awareness Ever-increasing number of members reached through Bricks &Clicks Our new mobility vehicle has enhanced outreach		~ ~ ~	Focus on local areas of deprivation and reach 200 newly diagnosed visually impaired (Vl) people Develop 5 new partnerships in our community Activate the 'Lost 500' project, reaching people who've fallen between the gape in the referral system
Accessibility	—transforming our premises and improving technology			usage
	Lift and building work to commence in 2022 Built a tech studio to improve virtual services		~	To obtain a Mobile tech hub, allowing us to work smarter and increase reach
	Produced our own podcasts and 'Did you know7' videos		~ ~	Become a specialised contractor for IT certified training Build tech trailblazer credentials and pilot accessible
				tech
Holistic Health —putting our members at the centre oftheir care			pathways:
~	Developed Living with Sight Loss workshops,		~	Commercially align with 7 new businesses (CSR),
	6sessions undertaken so far			on eye health awareness
~	Moorfields Low Vision Clinic now operates at		~	Improve the referral pathway between statutory,
	Croydon Vision; a one-hub approach			medical and supporl services
Sustainable	Reach —improving our brand, communications, and		income stream:
~	Defined our culture to improve branding and		~	The use of PESTLE analysis for in/outward
~	impact Facilitated 7Visual Awareness Workshops		~	assessment Development ofa communication strategy and an
	(revenue generation) Recruited a Trusts & Foundation Fundraiser		~	Impact Officer Connecting with 2 sight loss charities, building
				transatlantic connections

						2021	2020
			Unrestricted	Restricted	Endowment	Total	Total
		Notes	funds F	funds 8	funds f
INCOMING AND ENDOWMENT	FROM:
Donations and Legacies			66,081			66,081	224,041
Charitable activities			114,062	308,111		422,173	246,021
Other trading activities			43,789			43,789	72,315
Investments			15			15	30
Other Income							15,287
Total Income			223,947	308,111		532,058	557,695
EXPENDITURE ON:
Raising funds			2,843	4,694		7,537	35,403
Charitable activities			244,625	297,839	15,406	557,870	479,751
Total Expenditure			247,468	302,533	15,406	565,407	515,154
Operating (Deficit)/Surplus			(23,521)	5,578	(15,406)	(33,349)	42,541
Net gains/(losses) on investments
Net (expenses)/Income			(23,521)	5,578	(15,406)	(33,349)	42,541
Transfer between funds			116,127	,244	~424,444
Net movement in funds			92,606	10,862	(136,817)	(33,349)	42,541
RECONCILIATION OF FUNDS		19/20
TOTAL FUNDS BROUGHT FORWARD			684,882	33,258	1,200,203	1,918,343	1,875,802
TOTAL FUNDS CARRIED FORWARD			777,488	44,120	1,063,386	1,884,994	1,918,343

			2021	2020
		Notes
FIXEDASSETS
Tangible assets		14	1,419,101	1,439,570
Investments		15	458	458
			1,419,559	1,440,028
CURRENT ASSETS
Stock			1,722	1,686
Debtors: amounts	falling due within one year	16	41,337	50,781
Cash at bank			478,855	465,136
			521,914	517,603
LIABILITIES
Creditors: Amounts	falling due within one year	17	(56,479)	(39,288)
NET CURRENT ASSETS			465,435	478,315
TOTAL ASSETS LESSCURRENT LIABILITIES			1,884,994	1,918,343
NET ASSETS			1,884,994	1,918,343
TOTAL FUNDS OF THE CHARITY
Unrestricted funds			352,802	205,602
Designated funds			424,686	479,280
Restricted funds			44,120	33,258
Endowment funds			1,063,386	1,200,203
TOTAL FUNDS			1,884,994	1,918,343

				2021	2020f
Cash flows from operating activities: Net cash provided by operating activities				~32668	110,903
				32,668	110,903
Cash flows from investing	activities
Sale of investments
Sale offixed assets				1
Purchase offixed assets				~18,950)	18,470
Cash provided by (used in)	investing		activities	(18,949)	(18,470)
Increase in cash and cash equivalents		in the year		13,719	92,433
expended
Cash and cash equivalents	at the start ofthe year			465,136	372,703
Cash and cash equivalents	at the end		ofthe year	478,855	~465 136
CASH FLOW NOTES
				2021	2020
				6	f
Reconciliation of net movement in funds to net
cash flow from operating activities
Net (expenditure) income for per the statement offinancial	the reporting period (as activities)			(33,349)	42,541
Adjustments for: Add back depreciation charge (Increase)/decrease in stock Decrease in debtors				39,418 (36) 9,444	34,681 314 45,970
(Decrease)/increase in creditors				17,191	~12,603)
Net cash used in operating	activities			32,668	110,903
				2021	2020
				8	8
Analysis ofcash and cash	equivalents
Cash and cash equivalents				478,855	465,136
Total cash and cash equivalents				478,855	465,136

INCOME FROM DONATI	ONS AND LEGACIES
		2021	2020
		6
Donations		13,242	5,378
Grants and Service Level	fees	49,839	35,150
Legacies, Bequests and Salary Contribution	In Memory	3,000	173,750 9,763
		66,081	224,041

			2021	2020
Grants Grants	-restricted —unrestricted	Activity Seeing the Bigger Picture Core Services	105,967 93,834	f 95,116 29,050
Grants Grants Grants Grants	—restricted —restricted —restricted - restricted	Children and Young People's Programme Working Age Outreach and Progression Seven-Seater Vehicle	48,990 23,643	48,643 11,250 16,649 13,000
Grants	—restricted	VCF Emergency Covid-19	7,204
Crants	—restricted	Delivering Differently	27,887
Grants	- restricted	Tech For Success	57,850
Grants Service	- restricted users Income - unrestricted	CAF Resilience Core Services	36,570 13,349	29,549
Goods	for resale - unrestricted	Core Services	1,066	2,764
Sundry	Income —unrestricted	Core Services	5,813
			422,173	246,021
INCOME FROM TRADING ACTIVITIES
			2021	2020
			f	f
Fundraising Hall hire Rent received			12,951 4,660 26,178	13,798 36,943 21,575
			43„789	72316

RAISING FUNDS	RAISING FUNDS
		2021	2020
		f	f
AGM, Marketing Direct fundraising	costs and Rebrand costs	5,721 1,816	16,771 18,632
		7,537	35,403

CHARITABLE ACTIVITIES COSTS
	Direct costs	Governance	2021	2020
		(See note 8)
	f	f	Totalsf	Totalsf
Seeing the Bigger Picture Core Senrices	111,705 246,802	2,100 13,229	113,805 260,031	99,742 312,902
Children and Young People Project	50,139		50,139	41,943
Working Age Outreach and Progression	23,778		23,778	10,779 14,385
VCF Emergency Covid-19 Delivering Differently	6,460 27,874	744 13	7,204 27,887
Tech For Success	38,412		38,412
CAF Resilience	36,614		36,614
	541,784	16086	557870, 479,751

		2021	2020
		F
Accountancy fees Health & Safety HR fees		6,100 5,541 3,065	8,225 3,542 3,071
Independent Payroll fees	Examiner fee	990 390	990 843
		16,086	16,671

STAFF COSTS
	2021	2020
Wages and salaries Social security costs	294,663 20,216	250,574 16,331
Pension costs	14,323	7,180
	329,202	274,085

				2021	2020
				Numbers	Numbers
Senior	Management	Team		4	4
Other	Direct Charitable		Staff	10	10
				14	14

TANGIBLE FIXED ASSETS
	Freehold	Freehold	Other Assets
	Property	Property		Totals
	Unrestricted f	Endowment f
COSTNALUATION
At 1 April 2020	344,581	1,155,419	158,779	1,658,779
Additions			18,950	18,950
Disposal			(15,682)	(15,682)
At 31 March 2021	344,581	1,155,419	162,047	~1662047
DEPRECIATION
At 1 April 2020	22,852	76,627	119,730	219,209
Charge for year Eliminated on disposal	4,594	15,406	19,418 ~15,681)	39,418 ~15,681)
At 31 March 2021	27,446	92,033	123,467	242,946
NET BOOK VALUE
At 31 March 2021	317135	1,063366	38,580	~1419 101
Ai 31 March 2020	321,729	1,078,792	39,049	1,439,570

FIXEDASSETINVESTMENTS
	f.	f
	Listed	Totals
	Investments
MARKET VALUE
At 1 April 2020	458	458
Additions
Disposals
Revaluation
At 31 March 2021	458	458

16.	DEBTO	RS:	AM	OUNTS	F	ALL	ING	D	UE WITHIN O	NE Y	EAR
													2021	2020
													f	f
	Other debtors												11,537	15,381
	Accrued	income											29,800	35,400
													41,337	50,781
17.	CREDITORS: AMOUNTS					FALLING			DUE WITHIN	ONE	YEAR
													2021	2020
													f	f
	Trade creditors												5,819	9,875
	Deferred	income											44,014	25,412
	Other creditors			and accrued expenses									6,646	4,000
													~56 479	39,288
18.	ANALYSIS OF			NET ASSETS BETWEEN FUNDS
	Current	year	information		for the net assets between					funds:
													2021	2020
								Unrestricted			Restricted	Endowment	Total	Total
									Funds		Funds f.	Funds f	Funds f	Fundsf
	Fixed assets								352,821		2,894	1,063,386	1,419,101	1,439,570
	Investments								458				458	458
	Current Current	assets liabilities						434,987 ~40,778			86,927 ~45,701)		521,914 ~56479	517,603 ~39288
									777 488		44,120	1,063 386	1,884,994	1,918,343
	Comparative		year information				for	the	net assets between		funds:
													2020	2019
								Unrestricted			Restricted	Endowment	Total	Total
									Funds f		Funds f	Funds f	Funds f	Funds f
	Fixed assets								354,991		5,787	1,078,792	1,439,570	1,455,781
	Investments								458				458	458
	Current Current	assets liabilities						340,429 ~40,866			55,763 ~28,292)	121,411	517,603 ~39,288	471,454 ~51,891
									684 882		33,288	1 200 203	1,918,343	1,875,802

MOVEMENT IN FUNDS —Current	MOVEMENT IN FUNDS —Current	MOVEMENT IN FUNDS —Current	Year
					Net movement	Transfers
				At 1/4/20 8	in funds 6	between	funds f		At 31/3/21 8
Unrestricted funds
General fund —Free reserves				205,602	(18,927)		166,127		352,802
Designated funds
Designated fund	—Freehold	building		321,729	(4,594)				317,135
Designated fund	—Minibus			50,000			(50,000)
Designated fund	—Lift project			107,551					107,551
				684,882	(23,521)		116,127		777,488
Restricted funds
Children and Young People's		Project		24,413	(1,149)				23,548
Croydon Relief in	Need - Outreach		Project	1,971	(135)				1,836
BIG Lottery —Seeing the Bigger Picture				(6,126)	(8,174)		17,956		3,656
Seven-Seater Vehicle				13,000			(13,000)
Croydon Council	- VCF Emergency		Covid-19
London Funders	—Delivering	Differently
Big Lottery - Tech For Success CAF Resilience					15,080 ~44)			44	15,080
				33,258	5,578		5,284		44,120
Endowment funds
Freehold Building				1,078,792	(15,406)				1,063,386
Investment fund				121,411		~121		411)
				1,200,203	(15,406)				1,063,386
TOTAL FUNDS				~1918,343	~33,349)				~1884,994
Net movement in	funds for the current year are as follows'.
				Income	Expenses				Movement in
									funds
									8
Unrestricted funds
General fund				223,947	(242,874)				(18,927)
Designated fund	—Freehold	building			(4,594)				(4,594)
Designated fund	—Lift project
				223,947	(247,468)				(23,521)
Restricted funds
Children and Young People's		Project		48,990	(50,139)				(1,149)
Croydon Relief in Need —Outreach			Project	23,643	(23,778)				(135)
BIG Lottery —Seeing the Bigger Picture				105,967	(114,141)				(8,174)
Seven-Seater Vehicle
Croydon Council	—VCF Emergency		Covid-19	7,204	(7,204)
London Funders	—Delivering	Differently		27,887	(27,887)
Big Lottery —Tech For Success CAF Resilience				57,850 36,570	(42,770) ~36614)				15,080 ~44)
				308,111	(302,533)				5,578
Endowment funds
Freehold Building					(15,406)				(15,406)
Investment fund
					~15,406)				~15,406)
TOTAL FUNDS				532,058	(565,440077)				~33349)

					Net movement	Transfers	Transfers
				At. 1/4/19	in funds	between	funds	At 31/3/20
				6	8		6	6
Unrestricted funds
General fund —Free reserves				232,973	63,078		(90,449)	205,602
Designated funds
Designated fund —Freehold		building		326,323	(4,594)			321,729
Designated fund —Minibus				50,000				50,000
Designated fund —Lift project				30,000	~12,449)		90,000	107,551
				639,296	46,035		(449)	684,882
Restricted funds
Children and Young People's		Project		18,377	6,036			24,413
Croydon Relief in Need	—Outreach		Project		1,971			1,971
BIG Lottery- Seeing the Bigger Picture				3,440	(9,566)			(6,126)
Seven-Seater Vehicle Working Age				~920)	13,000 471		449	13,000
				20,897	11,912		449	33,258
Endowment funds
Freehold Building				1,094,198	(15,406)			1,078,792
Investment fund				121,411				~121411
				1,215,609	(15,406)			1,200,203
TOTAL FUNDS				1,875,802	42,541			1,918,343
Net movement in funds	for the current year are			as follows:
				Income	Expenses			Movement in
								funds
								8
Unrestricted funds
General fund				373,037	(309,959)			63,078
Designated fund —Freehold building Designated fund —Lift project					(4,594) ~12,449)			(4,594) ~12,449)
				373,037	(327,002)			46,035
Restricted funds
Children and Young People's		Project		48,643	(42,607)			6,036
Croydon Relief in Need	—Outreach		Project	16,649	(14,678)			1,971
BIG Lottery - Seeing the Bigger Picture				95,116	(104,682)			(9,566)
Seven-Seater Vehicle				13,000				13,000
Working Age				11,250	~10,779)			471
				184,658	(172,746)			11,912
Endowment funds
Freehold Building					(15,406)			(15,406)
Investment fund
					~15,406)			~15,406)
TOTAL FUNDS				557,695	~515 154)			42,541

meline for completion is	March 2022.
Au ust 2021	Structural	En ineer visit, electrical		works and obtainin			a re-costin	due to u	lift on materials.
Se tember 2021	Tenderin	for buildin work*3	uotes		&a	ointment
October to December	Orderin	of lift takes 3mths
17w December 2021	Closure of CV Christmas break
Janua 2022	Commencin refurb work and		re	for	lift
Februa 2022	Installation	of lift and finalisin	buildin		work
7w March 2022	0 en for	services

					2021	2020
Voluntary income Donations					13,242	5,378
Grants and service level		contracts			49,839	35,150
Legacies, Bequests, and Salary contribution		in Memory			3,000	173,750 9,763
					66,081	224,041
Incoming resources Service users' income	from		charitable	activities	13,349	29,549
Grants					401,945	213,708
Goods for resale					1,066	2,764
Sundry income					5,813
					422,173	246,021
Activities for generating Fundraising events Hall hire			funds		12,951 4,660	13,798 36,943
Rent received					26,178	21,575
					43,789	72,316
Investment Income
Dividends					15	30
					15	30
Other Income
Sundry income						15,287
Total incoming resources					532,058	557,695
Fundraising costs AGM, Marketing costs and Direct fundraising costs			rebrand		5,721 1,816	16,771 18,632
					7,537	35,403
Charitable activities
Staff Salaries Team Training (staff and Staff Recruitment		volunteers)			329,202 10,009 89	274,085 8,349 619
Contract Staff					19,619	7,230
Staff Travelling and Meetings Consultancy Depreciation Direct Projects expenses Flat expenses Hall expenses IT and website					744 2,469 39,418 39,227 1,395 461 16,143	3,236 34,681 52,216 6,002 4,487 8,055
Office Administration					25,378	22,291
Premises expenses Feasibility Study —Lift Volunteer expenses	project				35,020 19,353 3,257	27,094 12,449 2,286
					541,784	463,080

		2021	2020
Governance	costs
Accountancy fees Health 8 Safety HR fees Independent Examiner fee Payroll fees		6,100 5,541 3,065 990 390	8,225 3,542 3,071 990 843
		16,086	16,671
Total resources expended		565,407	515,154
Operating	(Deficit)/Surplus	~33,349)	42,541