R•girt¢red Charlty Numb•r: 1165792 Company Humr." 09882948 Alreborough Voluntary Services to the Elderly (AVSED) a Company Limited by Guarantse Trustees. Report and Financial Statements for the year ended 31 March 2024
Aireborough Voluntary Services to the Elderly (AVSED) Contents Page Report of the Trustees.. Independent Examlnerfs Report................................................. Statement of Flnanclal Actfvltles........................................................................... Balance Sheet.................................................................................................. io Notes to the Flnancbal Statements.......................................... .............. 11-24
Alreborough Voluntary Services to the Elderly (AVSED) ar The Trustees. who are also Dlrertors for the purposes of company law, psent thelr report together wlth the Independently examined financlal statements of the chadty for the year 31 March 2024. The fina1•1 statements comply wlth the tharltles Art 2011. the Companles Act 2006, the Artlcles of Assoclatlon, and Accountlng and Reporting by Charltles: Statement of Recommended Practice applicable to charltles preparlng thelr accounts In accordance wlth the Flnancial Reporting Standard applkable In the UK and Republlc of Ireland (FRS102}. R•f•r•nc• •nd Admln16tratlv• Detslls of the Charlty. Its Tru•tw, and Advisorn borough Voluntary Servltes to the Elderty (AVSED) Is a charltable company and was regLstered wlth the Char Commlsslon In February 2016 number 1165792 and the company was reglstered In November 2015, company number 09882948. The thadtable company commenced aLtvlty on l Aprll 2016 wlth a glft of assets from Alreborough Voluntary SeNlces to the Elderly wlth Dlsabllltle5 - chadty number 1048902, an unlncorporated tharlty. The reglstered offlce and operatlng address Is: . Greenacre HJII New Road Slde Rawdon Leed5 LS19 6AS The chartty Trustees, who serled durlng the year and up to the date of thls report, were: . Kenneth Elllott Chalr Shella Bower Vlce Chalr Rlthard Gray Treasurer Wer¢dy Hanson Secretary Roy Blanshard Chrlstlne Pearce Elalne O'Brlen Graham Latty Susan Doubffl Prlnclpal staff: Debble Favrthrop (Scheme Manager) Bardays Bank plc PO Box 100 Leed5 LSI IPA 8ankers: Natwest Online Banklng serrf1$ Independent Examlner: Slmon Bostrom FaE West Yorkshlre ComrNnlty Accountsncy Servlo ao Stringer House 34 Lupton Street Leed5 LSIO 2QW
Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2024 StruLtur•rt Govern•nc•. and M•nag•ment Aireborough Voluntary Servlces to the Elderly (AVSEDI was registered as a Chatable company In 2015. The charlty is governed by a Memornndum and Artlcles of Assoclatlon as amended by a 5pedal resolutlon on 19th February 2016. The assets and contratts of the previous tharty {reborough Voluntary Servlces to the Elderly with Dlsabllltles - charlty number 1048902, In operatlon nce June 1992) were transferred to th15 new entlty on l Aprll 2016. AVSED employed eight pald workers durlng thls flnancbal year to help c4ry out its dlverse artI¥[e5. headed up by the Scheme Manager. Debble Fawthrop - Scheme Manager Ella Baxter- Actlvlty Co-ordlnator Mlchelle Phillips - Volunteer Co-ordlnator Stacey 8attle - Membership Co-ordlnator Debble Archer - Offlce Co-ordlnator Perry Mercer- Part-time Mlnlbus Drlver Jonathan Brady - Part-tlme Mlnlbus Drfver Judlth Colley - Dementla & Incluslon Lead The charty relles heavlly on Its many volunteers (totsllln9 88 at present) wlthout whom the oryanlsatlon could not operate. The Board totalllng 9 Trustees during the year, support5 the strateglc operdtlon of the tharlty, Trustee5 are voted onto the Board for a mlnlmum of 3 years. The Inductlon and tralnlng of TnJ5tees are carrled out by the Chalmian, supported by the Vlce Chalr. All Trustees glve thelr tlme voluntartly and recelve no remuneratlon or other beneflts. The Board meets on at least 10 occaslons per year, and meetlngs Indude the Schemè Manager. 2 local Counclllors 51t on the Board meetlngs In an adv150ry capaclty. Although AVSED Is an Independent reglstered charlty, It works wlthln the Leeds Older People's Nelghbourhood Network one of 35 separate organlsatlons Spread attoss the clty to support older people Ilvlng Independently. AVSED Is part of the Local Core Partnershlp {LCP) and 'Alreborough Togetherf the Local Communlty Anchor. AVSED Is currently developlng Its Polldes and Procedure5 followlng a fvll organlsatlonal restructure. The Artlcles of Associatlon set out our purpose and alms to slt alongslde a new 5-year Strategy coverlng 2023 - 2028. AVSED Board of Trustees provlde mlnutes of thelr ff*etlngs. along v•lth a budget, cash fflow forecast, and managerlal reports. Annually the Board meets at the AGM and provldes detalls to our beneflclartes regardlng the prevlous year, artlons and accountablllty. AVSED has a Treasurer who prOVeS Ilnandal analysis and our flnandal statements are Independently examlned annually. AVSED has employed the servke5 Of Penln5ula to support our HR and H&5 prartlces. The Board of Trustees have conducted Its own revlew of the major rlsks to whlch the charlty Is exposed Jnd has taken steps to establlsh systems to mltlgate those rlsks. The Trustees conslder thls to be an ongolng process. The Trustees conslder the Chair and Scheme Manager as comprlslng the key management personnel of the charlty In charge of dlrectlng and controlllng the charlty and runnlng and operatlng the chartty on a day-to-day basls. The pay olthe chadty's staff Is dependent on the grant source from whlch the sakryry Is paTrd. The Manager, Co- Ordlnators, and Leads are on permanent contrarts subject to fundlng. 2 staff on Ilmlted contracts. All employee5 are pald In accordance wlth Local Authorltles NJC scales.
Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2024 ObJ•ctlvu and Actlvltles The prlmary objerts of the charlty as set out in the charity's govern1r doojment: AVSED 15 establlshed for the following charitable purpose5 for the benefft of older people {over 60 years of age) livlng in the communlty of Alreborough ILS19 and LS20 posttodes). in the dty of Leeds: l) For the publlc beneflt to relleve the charttable needs of older people but not exclusively by rellevlng thelr lonellne55 and Isolatlon and by promoting and supportlng thelr Independence 2) To promote the soaal Induslon of older people by preventing them from belng soclally excluded and asslstlng them to better Integrate into sodety 31 To promote the health and wellbelng of older people for the publlt benefft 41 To advance education for the publlc berfit AVSED provldes a unlque seThI to older people Ilving in Alreborough. Desfigned to support those who wlsh to remaln Ilvlng Independently at horne, AVSED alms to contlnually update and expand ts soclallsatlon and healthy1Svlng servlces to meet the changlng needs of members. By lIevIng soclal Isolatlon and provldlng volunteers who care, great Improvements have been made In the qualoty of life of all the membets. The maln objectlves for the year were: to Oellver on our 5-year strateglc plan endlng 2028 to explore ownlnglmanaglng our own premlses to explore earnlng our own Income and redudng rellance on grants to work In Ilne wlth all fvndln9 contrartors to support the provlslon of communlty-based care to Increase the number of members uslng AVSED services, as well as Increase the number of volunteers to provlde all new actiVleS and servlces to Increase the number and ran9e of artlvttles provlded by the chèrlty to meet the changlng needs of the older populauon In Alreborough to promote AVSED to the local communlty and pro1onal5 In settlng the objectlves and plannlng the èctlvltles of the thartty for the year, the Trustees have glven careful conslderatlon to the Chaty Commlsslon's guldance on publlc benefit. A¢hl•v•monts •nd P•rformanc• Durlng thls year we ran the followlng artlvltles". 5 physlcal exerclse classes (per week) 6 frlendship & soclal actlvltles (per week) Ix hot frjod delSveries (per week) Ix lunch dub provlslon for Incluslon members (per week) 3 dementla spedflc attivitles (per yek) 2 health actlvltie5 (per week) Local trlpsloutings Cultural events & actlvlts Outreach & Needs assessment Dlgbtal, telephone. and In-person befrlendln9 Handyman servlce Communlty transport provlslon of 2 accesslble mlnlbuses and a wheelchalr accesslble car Gr••nJcre Hall In Ortober 2023, AVSEO moved Its actiyltles to Greenacre Hall. The total cost of the move, refvrbishrnent of the offices and purthase of new equlpment totslled E26.088 and we are grateful to the followlng organlsations for thelr grants and donations whith 5UPPQrted our move. Awards for All - £10,000 Frank Parklnson Trust - £5.000 Centrfca - £3,000 S&J Mechanlcal - £2.000 Leeds City Council: MICE money - £300
Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2024 Mefflbors AVSED'S mernbership was 784 ot the perlod end. AVSED offers membership to those over 60 years in the boundary area of LS19 & LS20. Referrals come from varlous sources indudln9 neighbours, frlends, famllles, GP sijrgeries and varlous other NHS professlonals, Sodal Workers and Adult Soclal Care personnel, varknus departments of the NHS. Soclal Pres¢ylblng Teams (Llnking Leeds), Memory Support Worker5. and self-referrals. We endeavor to support all oliier residents. famlty. and carers as approprlate to support Independent Ilvlng and relleve Isolatlon and loneliness. Fundral•lng We strlve to achleve the hlghest fundralslng standard and value all our supporters. We stay up to date wlth developments In charity regulations, data protertlon. and the Fundralslng Preference Service (FPS) to ensure we are legally compllant an(J adherlng to guldelines. No complalnts have been recelved about fvndralslng in this financlal year. Aslde from the restrbcted funds Indlcated In note5 3 and 4 of the finandal statements. durln9 the year ended 31 March 2024 we recelved the followlng fijndrdlslng and donations: AVSED Fundr•lilng Artlvltl Nay day raffle - £2566 Chrfstmas fayre - £2220 Don•tlons from Indlvldul# Member and volunteer donatjons - E5.4fA Glft Ald - £636 Puner•l Coll•ctlo with thanks to the famllles of: Te95 Angove . £1,501 Audrey Jones - EIOO Herman Murgatroyd - £138 Kal Nellson £330 Hllda Scatteryood - £55 L•g•cl•• with thanks to.. Joan Dacre - £1,000 )ean Hudson - £2.504 Org•nl¥atlonal Donmtlon• Morrlsh SolocOr5 Newsletter sponsorshlp - £1,200 Frank Parklnson Trust - towards the cost of our office move - £5,000 Ltre FIshean - £50 Batley Varlety Dance Club - £1150 S & J Mechanlcals- towards the cost of our offlce rnove - E2,000 Centrlca toward5 the cost of our office move - £3,000 Leeds Clty Councll MICE Fund . É787 Plnandal R•vl•w AVSED have developed a new 5-year 5tregy which will devekjp our fijndralslng efftjrts and support work that wlll encourage self-sufficiency and avold over rellance on specthc fundlng avenues. The flnances of the chartty are satisfactory based on the cunt financlal cllmate we are enijurlng. The net Incorne for the year was £79.137, 12023 net expendlture of (E40,060). At 31 March 2023, the total fijnds of the charlty were £219.588 (2023 £140,451).
Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2024 Ramrves Pollcy The mènagement committee has establrshed a pollcy whereby the unrestrkted funds not committed or Invested in tanglble assets (the free reserves) held by the charity should be around three months of expendlture. whlch equates to É80.000 in general funds. At thls level. the management committee feels that it would be able to contlnue the current artlvltles of the charlty in the event of a signmcant dmp In fiJndlng. At present. the free reserves, which amount to £133,921. exceed thls level. but the management committee Is aware of the need to contlnually conslder ways In whlch additional unrestricted fvnds can be r41sed as extsting fvndlng streams may change In the future years. Trust8•• and th•ir *t•tirtory r•sponslblllt5•• The trustees a responsible for preparirkg the Trustees, Annual Report and financlal ststements In accordance wlth appllcable law and UK Accountlng Standards {UK Generalty Accepted Accountlng Prartlcel. Company law requlres the Trustees to prepare flnanclal statements for each flnandal year whlch glve a true and falr vlew of the sltuatlon of the charltable company and of the Incoming resources and applIcatn of resource5, Includlng the income and expendtture. of the charttable company for that year. In preparbng those flnanclal statements, thè trustees are requlred to: Select sultable actountln9 pollcles and apply them conslstentfy; Observe the methods and prlnclples In the Charrtles SORP; Make Judgments and estbmates that are reasonable and prudent. State whether appllcable UK Accountlng Standards have been followed. subjed to any materlal departures dlsclosed and explalned In the financbal statements. and Prepare the flnandal statements on a 9olng concern basls unless It 15 Inapproprtdte to presume that the tharltable company wlll contlnue In buslness for the foreseeable future. The Trustees a responslble for keeplng proper accountlng records that dlsclose wlth reasonable accuracy at any tlme the flnanclal posIon of the charftable company and enable them to ensure that the financlal statements comply wlth the Companles Act 2006. They are also responsible for safe9uardlng the assets of the charltable company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularltle5. Sm•ll Comp•ny Rul•¥ ThSs report has been prepared In accordance wlth the spedal provlslon5 for small companles under Part IS of the Companles Act 2006. The flnanclal statements were approved by the Board of Trustees on .......... .......... . thelr behalf by.. ZO£ LP............ and approved on Kenneth Elllott (Chair of th• Trn•t•ts)
Aireborough Voluntary Servlces to the Elderly (AVSED) Independent Examlnerfs Report to the Trustees I report to the charlty tnjstees on my examlr*tlon of the flnandal ststements tsf the Chatable Company for the year ended 31 March 2022. Ro•ponslbllltles and ¥1$ of the repr•rt As the charltws tnjstees of the Company {and also Its dlrectors fty the purposes of company law) you are rtsponslble for the preparauon of the financlal statements in accordance wlth the requlrements of the Companies Act 2006 {'the 2006 Act,). Havin9 satisfied myself that the finandal statement of the Company Is not requlred to be audlted under Part 16 of the 2006 Act and are dlgllAe for independent examlnation. I report In respect of my exaMInaOn of your charlty's financfal statements as cathed out vnder sectlon 145 of the Charttle5 Act 2011 {'the 2011 Act.). In urrylng out my examination I have followed the Directions glven by the Charity Commlssion under settlon 145151{b) of the 2011 Act. Ind•p•nd•nt ExamIn•¥ St•t•mont I have completed my examSnatbon. I confirm that no matters have come to my attention in connertlon wllh the examSnatlon glvlng me cause to belleve.. I, accountlrwJ records We not kept In respert of the C4mpany as requlr•J by séctlon 386 01 the 2006 Art.. or 2. the flnancial statements do not accord wlth those TOrds,. or 3. the flnanclal statements do not comply wlth the accountlng requlrements of sertlon 396 of the 2006 Act gthex than any requlremènt that the finandal statements qlve a tNe and falr vlew whlch Is not a matter consldere(J as part of an Independent examinatlon: or 4. the flnanclal statements have not been prepared In ac¢ordance wlth the methods and prlnclples of the Statement of Re¢ommended Prnctlce for accountlng and reportln9 by charities appliCae to charities preparin9 thelr accounts In Kcordance wlth the FInala1 Rewrtlng Standard appllcable In the UK ona Republlc of Irelond IFRS 102). I have no corKerns and have come across no other matters In connecdon wlth the exèmlnbtion to whlch attentlon should be drawn In thls report In order to enable • pTr)per understandlng of the flnantial statements to be reached. Slmon 805tmm FCIE West Yorkshlre Communlty Accountancy Serthce ao Stringer House 34 Lupton Street Leeds LSIO 2QW Date: ..1010912024...
Aireborough Voluntary Services to the Elderly (AVSED) an Totsl Totsl Fund• Funds 2024 Fund• Pund• 2023 Income from: Donatlor Charltable Acuvltjes 19,640 62.474 84114 24,347 45.913 70,200 56,254 1.459 258.554 3x4008 1.459 42,804 124.911 167,715 34 Investments Tot•1 Ine4)m• 170 24 Exp•ndlture on: Ralslng Furnls Charitsbl• actlvltle5 4,589 4,509 175 4,258 62,313 252.342 514.655 S3.525 228,111 281,036 Totsl •ndttur• 62 256 31 232 •t Incom• and Det mo¥¢m•nt •1 fvnd• 15JJ40 64.097 79.137 13h85 161,545) (48,060) Tot•1 fund• •¥ou ht ftirw•rd 16 111 139 114 65S 188 511 Tr•n•ler betw••n fund• 60,328 (60.328) 23,798 123,798) Tot•1 fund• r4rrl•d forw•rd 16 111 139 29 12 There were no recognlsed galns and losse5 for the year other than those Induded In the Income and expendthre account. All aetlvftles derfve frDm contlnuin9 operations. The notes on pages 11 to 24 fom part of these flnandal Statements.
Aireborough Voluntary Servlces to the Elderly (AVSED) 2024 2023 Not• Flxed AM•ts: Tanglble Flxed Assets li 70,251 25,676 Curr•nt A8a•ts Debtors Cash at bank Cash In hand 12 2,077 153.848 114 1,060 121,531 251 156 039 842 LSabllltl••: Credltor5: amounts falllng due wlthln one year 13 (6,702) (8,067) N•t Curmnt u••ts 149,337 114.775 N•t As••ts 15 140 451 Pund•: Unrestdcted Funds Restrlcted Funds 15.16 15.16 186,507 33,081 111,139 29.312 Total fvnd• 219 588 For the flnanclal year ended 31 March 2024, the company v4as entlyed to exemptlon from audlt under sectlon 477 Companles Act 2006. No member of the company has depostted a not1, pursuant to sectlon 476. requlrlng an audlt of these flnanclal statements under the requirements of the Companles Att 2006. The Tnjstees acknowledge thelr responslbllSJes for ensurfin9 that the charitsble company keeps accountlng records that comply wlth 5ectlon 386 of the Art and for preparlng financlal statements whlch glve a true and falr vlew of the State of affalrs of the charltable company at the end of the financial year end of Its Income and expendlture for the flnanclal year In accordance wlth the reqUIrnents of sectlons 394 and 395 ènd whlch otherwlse comply wlth the requ1ments of the Companle5 Art 2006 relatin9 to accounts. so far as appllcable to the charltable company. These flnancial statements have tjeen prepared In accordance wlth the provlslons appllcable to companles subject to the small companles re9lrne wh1n Part 15 of the Companles Act 2006. The notes on pages 11 to 21 forni of these financlal statements. The Financlal Statements were approved by the Board of Trustees on ..... behalf by ..Lknd slgned on thelr Kenneth Elliott (Chair of the Trustees) 10
Aireborough Voluntary Services to the Elderly (AVSED) nd The prlnclpal accounting pollcles adopted. Judgments. and key sourtes of estlmotlon uncertainty In the preparation of the flnancial statements are as follows: Company Inlorniatlon The charity Is Ilmlted by a guarantee and does not have Sha capltal. The Ilablllty of members (Trustees) Is Ilmlted to £1 per member. The charrty was incorporated in England and the reg15tered offlce Is Greenacre Hall New Road Skle. Rawdon. Leeds. LS19 6AS. Basls of preparntlon of fin•naal sknt•m•nts The flnanclal statements have been prepa on a goln9 concern basbs In accordance with Accountlng and Reporting by Charltles: Statement of Recommended Prèctlce applltable to chadtles preparing thelr account5 In accordance wlth the Flnancial Repo"n9 Standard applitable In the UK and Republic of Ireland IFRS102) leffertlve l January 2015) Icharltles SORP (FRS102)), the Flnancial Reporting Standard appllcable in the UK and Ireland {FRS102). the Companles Att 2006 and the Charltles Act 2011. The flnandal statements are prepad In stertlng whlth Is the functlonal oJrrency of the charfty. Monetsry amounts In these flnanclal statements are rounded to the nearest £1. Alreborough Voluntary Servlces to Elderly meets the definn of a publlc benefft entlty under FRSIO2. Assets and Ilabllltles are Inltlally rectsjnbsed at cost or transactton value unle55 otherwtse stated In the levant accountlng pollcy notes. Golng conc•rn The Trustees have ppared financlal projectlons. tsklng Into conslderatlon the current economlc cllmate and Its potentlal Impart on the sources of Incorne and planned expendlture. They have a reasonable expectatlon that adequate financlal resources are avallable to enable the charlty to contlnue In operatlonal exlstence for the foreseeable future and have adequate ctsntlngency plans If Income streams are reduced. Consequentlyi the flnanclal statements have been prepared on the basls that the chartty Is a golng concern. Incom• All Income Is Included In the Statement of Nnandal Arttvltles fsoFAI when the charfty is entitled to the Income and the arnount can be quanufd reasonable acujracy. Donatlon5 and legacles, whlch Include grants. are Included In the SOFA when tt Is probable that the funds wlll be recelved and that they can be measured wlth sulylclent rellabllty. Grants, Includlng grants for the purthase of fixed assets. are recognlsed In full In the SOFA In the period In whlch they are recelvable. The value of servlces provlded by volunteers 15 not Included. Tradlng and Investhlent Income a accounted for on an accrual basb. Where Income 15 received specifully for expendlture Sn a fijture accountlng perlod that amount Is deferred. Expendltur• Expenditure Is recognlsed In the perlod In whlch It 1$ InCurd. ExpendItU Indudes attrlbutable VAT whkh cannot be recovered. Charitable expendlture comprlses those costs Incurred by the charlty In the delfverance of Its actlvltles and servlees for Sts beneficiaries. It Includes both costs that be dlrecuy allocated to such actlvlves and those Costs of an Indlrett nature necessary to support them. Support costs comprlse all non-attributable costs Includlng Flnance. Human Resources, Infomiatlon Tethnology. and Admlnlstratlon. These costs are set out In note 7. 11
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Flnanclal Statements for the year ended 31 March 2024 (Contlnued) staff costs The costs of short-terrn employee beneffts are recognlsed as a liabillty and an expense where the settlement of obllgatlon5 doe5 not fall wlthln the same pedod. P•n81on Costs The chaNty contributes to a defined contrfbutlon scheme. Amounts due to this scheme are recognlsed as an expense in the SOFA when they fall due for payment. Fund accountlng Funds held by the charfty are elther:
G•n•ral fund• Unrestmtted fvnds are donatlons and other Income re¢elvable or generated for the object5 of the charlty wlthout lurther 5peclfied purpose and a avallable as general fvnds. R•trlct•d fund• - Restrirted fvnds are to be used for speclflc purposes as lald down by the donor. Expendlture that meets these cdterla Is charyed to the fvnd. together wlth a falr allocatlon of management, overtads and support costs. T•nglbl• Ilx•d ••Mts •nd d•prncl•tlon Tan9lble flxed assets for use by the thartty are ststed at cost less depcIatIon. Assèts are capltallsed If thelr purchase prlce exceeds Él,000. Assets transferred from the unincorporated charbty were transferred at falr value and are depreclated con51derlng the number of years of depreclatlon that had already been charged on the assets In that charty. DepCIatIOn Is calculated to wrlte down the cost of tsnglble flxeLI ets (less experte(i resldubl value) evenly over thelr expected usefvl Ilves on the followlng bases: Mlnlbus Furnlture and Equlpment Leasehold Improvements stralght Ilne over 5 years Stralght line over 5 years Over the Ilfe of the lease Flnanclal In•trum•nt• The charlty has elected to apply the provlslons of Sectlon I I 'Baslc Flnanclal Instruments, and Sertlon 12 '0ther Fln4nclal Instruments Issues, of FRS102 to all Its flnandal Instruments. C4•h at th• bank and In h•• Cash at the bank and cash In hand Includes cash and short-temi hlghly liquld Investrnents wlth a short rnarIty held ftsr workln9 capltal. Bank overdrafts are shown wlthln borrowlng In Crnt liabllltles. D•btor• ppaYmentS and accrned Income represent tsme-apportSoned expenses or Income to be CognISed In a luture accountlng perlod. Debtors, other than those held at falr value through profft and loss, are assessed for Indlcators of Impalmient at each reportlng end date. Debtors are IMpaid Whe there Is objertive eVIden that, as a result of one or more events that occurred after the Infclal recognOn of the flnanclal a55et, the estlmated future cash flows have been affected. The Impalrment loss is recognlsed In the income and expendlture account. 12
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financlal Statements for the year ended 31 March 2024 {Contlnued) Credltors and Provl•lo Creditors and provlslons are recognlsed where the charlty has a present obligatron resul9 from a past event that wlll probably result In the transfer of funds to a thlrd party and the amount due to settle the obllgatlon can be measured or estlmated rellably. Creditors, loans. and provlslons ère noMlIV rttognised at thelr settlement amount after allowlng for any trade dlscounts due. Credltors are derecognlsed when. and only when, oblationS are dlsdmryed. cancelled, or expl. Amounts recognised as provisions are best estimates of the conslderatlon requlred to settle the present obllgatbn at the reportlng end date. con51dering the risks and uncertainties surroundin9 the obligation. Operatlng le•M• Rentals payable under operatlng leases. Indudlng any lease Incentlves recelved, are tharyed to the SOFA on a stralght-line ba$ls over the lease temi. Taxatlon AlbOrOugh Voluntary Servkes to the Elderly Is a reglstered charlty and as such Is a charlty wh1n the meanlng of Schedule 6 of the Finance Art 2010. Accordinglyi the Charity is potentlally entrtled to tax exemptbon under part 11 of the Corporatlon Tax Art 2010 or sectlon 256 of the Taxatlon of Charyeable Gains Art 1992 in respect of Income and galns arlslng. In the appllcatlon of the tharity's accovntlng pollcles. the Trustees are reqylryd to make Judgments, estlmates, and assumptlons about the carrylng amotsnt of assets and Ilabllltles that are not readlly apparent from other sources. The èstlmates and assoclated assumptlons are based on h15torlcal experlence and other tactor5 that are consldered to be relevant. Attual results may dlffer from these estlmates. The estlm*es and underfylng assumptlons are revlewed on an on9olng basls. Revlslons to accountlng estlmates are recognlsed In the perlod In whlch the estlmate Is revlsed If the revlslon affects only that perlod, or In the perfod of the revlslon and future pe0d5 ff the re¥lslon affetts both current and fvture perlods. There are no estlmates and assumptlons that have a $lgnfflcant rlsk of causlng a materlal adjustment to the cJrrylng amount of assets and Ilabllltles. 13
Aireborough Voluntary Servlces to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2024 (Continued) Unrostrlcted R••trl¢l•d Funds Fund• Total Total 2024 Funds Fund 2023 Donatlons (Inc. Glft Ald) Leeds Older Peoples Fonjm Leeds Communlty Foundatlon Leeds Communlty Anchor Neork Leeds Communlty Foundatlon 19,640 15.000 34.640 22.169 563 21732 5,300 25,ODO 25,000 3,121 3.121 2,178 178 5.850 5,850 2,500 2.500 1940 5,100 5,100 4,950 Yorkshlre Trust Mlce Money - Xmas Glfts 4.950 300 300 VAL - Hanyshlp FurKI Leeds Communlty Anchor Network Leeds Older Peoples Forum Leeds Communlty Anchor Network Hedley Wlnter Support Voluntary Attlon Leeds Llstenlng Project Volltlon Alr Purlfler Wlndmlll Communlty Trust - Trlps Leèds Older Peoples Forum - Bmghter Days Leeds Clty Councll.. MICE Dementla Event Leeds Clty Councll.. MICE Offlce move 7,500 7,500 12,500 12,500 4.500 *soo 6,000 3,000 i.ioo 750 I, 100 750 765 765 1, 148 1,148 200 200 300 14
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2024 (Contlnued) Unre•trict•d R•strict•d Funds Fund• Totsl 2024 Unr••trlct•d fttrICt•d Funds Funds Totsl 2023 Gr•nts and contracts.. LCC Adult Soclal Care 819 Lottery (Supporting Alreboroughl Motablllty - cap31 grant 85,964 85,964 85,964 85,964 93.202 93,202 38,622 38,622 37,000 37.000 Motablllty - ratlonal 42.389 rant 42.389 258,554 258.554 124,586 124,586 othèr fees 56.254 56,254 42.804 325 43,129 56,254 258,554 314M08 41804 124,911 167,715 Unr•strftt Funds R•#trlrted Funds Tot•1 2024 T¢>t•l 2023 Expendlture on Ralslng Funds 4,589 4.589 4,433 15
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Flnancial Statements for the year ended 3 1 March 2024 (Contlnued) The charty ha5 one charltable a¢tlvty whlth Is the preventton of sodal Isolatlon. For the year énded 31 Mardb 2024 Fund¥ Funds 2024 Charitable •ctlvltlw: Equlpment and seryices prowded Events and outside v151ts Grants repayable Staff salary costs Penslon costs Payroll Costs Staff tralnln9 Recrultment and CR8 checks Protectlve clothlng Staff and volunteers travelllng expenses Offlce rent and related 5ervlces Food purchase5 Repalrs and malntenance Mlnlbus expenses Mlnlbus depreclatlon Depreclatlon of equlpment Deprecl4tlon of leasehold bulldlngs Sundrles Support Costs (Note ?} 12,354 2,872 17,035 965 4,535 166.271 7,328 1.454 1,094 175 133 668 14,717 243 2.748 2,100 4,918 1,050 1,155 1,443 24,310 29.389 3,837 4.535 186,555 8.218 1,454 1.549 205 133 20,284 890 455 30 1,640 2.308 14,717 5,941 4.510 12.272 9,634 1.050 1.155 1.588 25,605 5.698 1.762 10,172 4,716 145 1,295 314 655 16
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2024 {Contlnued) Charft•bl• Athltles (c4>ntlnued) Tot•1 2023 For the ye•r ended 31 M•r¢h 2023 Funds Fund% Charltabl• *rtlvltlu: Equlpment and services provlded staff salary costs Penslon costs 15.149 23,893 1.143 188 27.391 137.480 5.998 1,087 915 237 148 1,002 13,200 42,540 161,373 7,141 1,275 1,205 237 148 2.580 13,200 4,161 Payroll costs Staff tralnlng Recrultment and CR8 chetks Protectlve clothlng staff and volunteers travelllng expenses Office rent and related servkes Food purchoses Repalrs and malntènance Mlnlbus expenses Mlnlbus depreclatlon Oepreclatlon of equlpment Sundrtes 290 1,578 4.159 8,169 (1,645) 8,700 7,764 16,869 6,119 123 478 760 Support cost5 (Note 7) 23,427 23,905 228 111 281 636 17
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financlal Statements for the year ended 31 March 2024 (Contlnued) Basls of Ti>tal Total •lloutlon 2024 2023 Staff costs (Includlng penslon costs) Computer equlpment, software and servlclng Prlnting and statlonery Offlce supplles Postage Sub5crlptlons, donatlons and fees Telephone Insurance Time 7.372 6,389 Dlrect 5,758 4,976 7,177 5.617 19 Dlrect Dlrect Dlred 306 146 Dlrect Dlrect 918 962 538 1.282 889 Dlrect 1,091 B)nk charyes Professlonal fee5 Independent examlnatlon Dlrect Dlrect 798 164 1.050 Dlrect 1,050 Th15 Is stated after charylng 2024 2023 Depreclatlon Independent examlnerfs fees (Incluslve of VAT) 11,839 1,050 6.119 1,050 st•ff costs lor tha y••r were •• follo 2024 2023 Wages and salarles Soaal securlty costs Pension costs 187.479 10,839 8.416 163,035 8.510 7,616 179 161 No employee earned E60,CK)O or more durin8 the yeaf {2023- no employee) 18
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2024 (Contlnued) 9. Employe• Inforni•tlon (eontinu•d) Th• •v•r• numb•r of emplo durln th• ear was a• ft•llows: 2024 2023 Charitable work - actlvitles for the elderl The Trustees consSder Its key management personnel comprises the Chalr and Scheme Manager. The total employee benefits Indudlng emph)yer beneflt contrfbutlons of the key rnana9ement personnel were £45,892 (2023: £42,593). No member of the board of Trustees or any person connected wlth them has recelved or 1$ due to recelve any remuneratlon for thls or the prevlous fbnandal year. A total of £23 was relmbursed In the year to Tnjstees In respect of expenses Incurred on behalf ol the charlty12023.' £131. Ixed Leasehold Bulldlnss Motor Vehlcles E9ulpmeTrt Totsl Cost ol valuatlon A5 at 01 April 2023 Disposals Addltlons durin8 the year 6,991 62,982 14,8421 32,465 69.973 14,842) 56,414 13.863 10,086 As at 31 March 2024 13,863 17,077 90,605 121,545 Depreclallon As at 01 April 2023 Dlsposa15 Charge for the year 6,991 37,306 14,8421 9,634 44,297 {42) 11,839 1.155 1.050 As at 31 March 2024 8.041 42,098 51.294 Net book value At 31 March 2023 At 31 March 2024 25.676 487 25,676 70251 12,708 12. Debtors 2024 2023 Trade debtors Gift Aid recoverable 1,441 636 622 438 1.060 2,077 19
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financlal Statements for the year ended 31 March 2024 (Contlnued) 13. Credltors: amounts falling due vthhln one year 2024 2023 Accruals Other creditors Deferred income 2,167 4,535 3.067 See Note 141 6.702 Deferred Income 2024 2025 Balance as at 31 March 2022 Amount released to iOrne The amount deferred In the 5,ts)0 {5.OCQI 4.950 14,9501 ar An•1yS tsf Nel Assets by Fund Tan8lble flxed Net As at 31 Mai¢h 1024 urrent Total 2024 •5sets Unrestrlcted funds Restrlcted funds 52,586 17,665 133,921 15,416 186,507 33.081 Total funds 70,251 149.337 219,588 Talble xed Net As It 31 March 2023 current Total 2023 •ssets Unrestricted funds Restrfrted funds 111,138 3.637 111,138 29,313 25,676 Total fvnds 25,676 114.775 1È10,451 20
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Flnanclal Statements for the year ended 31 March 2024 {Contlnued) Movement In Funds For the year endlni ailt March 2024 Balanee 01 Apdl 2023 Balance 31 Marth 2024 Transfer of fvnd5 Income Expendlture Unrestrfcted funds: General fvnds 111.138 77.352 62,312 60,328 186,506 Restrfcled tunds: Department of Transport Leed5 Adult Soclal Care Driver Fund National Lottery- Supportln8 Alreborough Leeds Older People5 Forum . Transport Mice Money-xmas Leeds Community Anchor Network- Warm Spa¢e5 Leeds Communlty Anchor Network- Hard5hlp Fund Leeds Community FoundatK)n- Winter Fund Motability- Caprial Grant Motability- OperationJl Grant National Lottery- Awards for All Frank Parkinson Trust Hedley- Wlnter Support Voluntary Artion Leeds- Llstenln8 projert Volatlon- Alr Purifier Grant Windmill Community Transport- Trips Leeds Oklei Peoples Forum- Bri8hier Days Leeds City Council -MICE- Demenlia event Leeds Clty Council.. MICE-office move Leeds Older Peoples Forum - Warm and Well Lèeds Community Anchor Network- LCP Pilot Lèeds Community Foundation- Lunch Club Grant Total restricted funds 3,295 3.295 86,446 9,892 91,867 6,E65 15 85.964 16.802 11.0461 3,530 16,9101 93,202 5,3 289 12,1651 916 6.766 1.531 125(N) 14.031 3,788 2,940 37,1 42,389 io. 13.7881 132.4651 4,535 10.596 31,793 iio.0001 15,0001 3,LKIO 1,100 750 765 1,100 750 765 1.148 2(Xl 3(M) 1.148 200 4.5(KJ 4.500 5.1J)O I,wo 3.121 321.028 3.121 256.932 29313 160,3281 33.081 Total fvnd&' 140A51 398381 319,2114 21988 21
Aireborough Voluntary Services to the Elderly (AVSED) Note5 to the Financlal Statements for the year ended 31 March 2024 (Continued) Purpo•e$ of funds 23124: Department of Transport - depreclatlon on a gfft In klnd of the Peugeot minlbu5 Leeds A(1ult Soclal Care - 2-year grant extenslon lfrom October 2023) from Leeds Clty Council Adult Soclal Care Department to provlde servi5 for people over 60 Ibvlng In Area 20 of Leeds11.e. LS19, LS20 and parts of LS29 nd BDIO postcodesl. Drlver Fund - Fundlng recelvedldlstrlbuted to support the salarles of x2 part-tlme drivers for 2 years. DrlveTS are now supported by Motabllbty and the balance of thls fvnd has been transferred to Reser4es. Natlonal Lottery Supporting Alreborough - 3-year grant to support 3x staff salartes LOPF Transport - a l-year projett to research how transport affects lonellnes5 - Ends May 23 (the restrtrtlons attached to th15 grant have been satlsfied and rt has been transferred to Genernl Funds) Mlce Money - recelved from local Coundllor towards glfts LCAN Warm Spaces - an ongoing pmject to provide free wamvwelcome Spa5 wlthln the communlty LCAN Har(iship fijnd - ongolng grant to provkle entIal care {shopplng & Utiiitlesl In the communty LCF Wlnter- to provlde addltlonal resrHJrces around wlnter for the communlty (the re5trtrtlons attached to thls grant were satlsfied In 2023 and It has been transferred Into General Funds) Motablllty Capltal - to purchase a Wheelthair acre551ble vehlcle (the rtstrictlons attached to thls grant have been satlsfled arKI It has been transferred Into General Funds) Motablllty OperatlonJl - 3-year grant {from January 2024) to support a communlty transport project Natlonal Lottery Awards for all - to support an offlce move and refijrblshment {the rtstrlrtlons attached to thls donatlon have been sat15fled and It has been transferred to General Funds) Frank Parklson Trust - to support office relocatlon (the re5trtctlons attached to thls donatlon have been satlsfled and It has been tranSferd to General Funds) Hedley - to support wlnter provlslons VAL - to dellver a Ilstenlng project wlthln the anchor communlty Volltlon - to purchase alr pudfyln9 equlpment Wlndmlll Communlty Transport - to subsldlse members trfps throughout the year LOPF Brtghter Days - to support members through the cost-of-Ilvln9 crlsls Mlce Money - to support a communlty dementla ent Mlce Money - to support offlce rel¢xatlon LOPF Wami & Well - to dellver addluonal communty 5UPPOrt LCAN & LCP Pllot - to dellver a searCh project on communty collaborjtlon LCF Lunch Club - to support an Incluslve food grnup 22
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financlal Statements for the year ended 31 March 2024 {Contlnued) For th• year ended 31 March 2023 Bahnce l Aprfl 2022 Transfer Of fund B•lanc• 31 March 2023 Income Expend5ture Vnrnstrlrted fund8: General fund5 23,798 111 138 De•l9nated funds: Alre Valley Medlcal Group AVSED 22 Totsl desl nated funds 6.088 15,994) 16,684} 94 RoBtrftted lund•: Department ol Transport Leeds Adult Soclal Care New Mlnlbus Fund 9,880 1,262 11.591 6,586 86,889 1,178 39,668 21,470 6,003 15,476 15.103 285 1.584 5,969 4,950 3,294 86,109 707 38,622 25,1)00 (11,120) Supportlng Alreborough Lottery LOPF Transport PHM Frallty Fund Sustalnablllty Plan Drlver Fund Mlce Money Warm Spaces Hardshlp Fund Frank Parklnson Wlnter Fund 11,046) 3,530 6,003 15,476 31,905 16,802 15 916 1,531 300 2.500 7.500 4.950 5,136 3,788 To1 restrtcted funds 101 883 170 824 232 271 (11,120) Tot•1 fund• Purpo•• of funds 22123: The Alre Valley lund vrfas obsolete durtng covld when funds were releasetl to the dlgltal fiJn(J. The dlgltal fund was an Intemal fvnd for salades - the lated post teased p05t covld. The Trustees voted to move thls fijnd into the Mlnlbus fund. AVSED 22 lund was an Internal fundra151ng event for ongoin9 costs, The Trustee5 Voted to move thls fvnd Into the Mlnlbus fund. Department of Transport - depredatlon on a glft In klnd of the Peugeot mlnlbus Leeds Adult Soclal Care - 5-year grant (from ottober 20181 from Leeds Clty Councll Adult Soclal Care Department to provide service5 for people over 60 living In Area 20 of Leeds (i.e. LS19. LS20 and parts of LS29 and BDIO postcodes). Blg Lottery Iconnectlng Alreborough) - Grant supportlng salarfes for volunteer and artlvlttes W0r$ ar developlng volunteer strands to 5UPPOrt Increased collaboration wlthln the area. New Minlbus fund - created to purthase our leased mlnlbus at the end of the contract. Bus purchased from the fijnd In February 23. PHM Frallty Fund - funded projert vdith the LCP to pmvlde an Interventlon fDr people wlth frallty, 23
Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Flnancial Statements for the year ended 31 March 2024 (Contlnued) Purposé ol lund# 22123 (contlnutd}: Sustainability Plan - Surplus funds from Covld reused to SUPPQrt covld recovery. Drlver Fund - Fundlng recelvedldistributed to support the salaries of x2 part-tlme drfvers for 2 years. Indudlng Awards for all. Supportlng Alreborou9h Lottery - 3-year grant to 5UPPOrt 3x staff salarle5 LOPF Transport - a l-year projett to research how transport affects loneliness- Ends May 23 Mlce Money - recelved from local Counclllor towards Christmas gifts Warm Spaces - an ongoing proj.ect to provide free warmlwelcome spaces wlthln the communlty Hardshlp fund - ongolng grant to provide essentlal care {shopplng & Utiiitles) In the communty Frank Parklnson - Last payment In a 5-year grant to support tran5POrt Wlnter - to provlde adTha1 resources around wlrter for the communtty At 31 March 2024 the charlty had total commltments under rn-cancelIab1e operatln9 leases as follows: nd and Bulldln 2024 Tot41 2023 Total Equlpmenl Due.. Under one veèr Between one and fve years 16,833 64.500 2,016 18,849 70,596 81.333 8.112 89.445 The charlty contrlbutès to a deflned contrlbutlon stheme, the c05t to the charlty In the year was £8,416 (2023: £7,616). 24