CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. annual report (including Directors, report) for the period From: 151 April 2022 Period start date To: 31st March 2023 Period end date Charity name: Timebank South West Charity registration number: 1169627 Company number: Objectives and activities SORP ￿ference Par8 1.17 Summary of the purposes of the charity as set out in its governing document il the relief of poverty, sickness, and distress for the particular, but not exclusive, benefit of the community of Plymouth, Devon and Cornwall., li} to develop the capacity and skills of the members of socially and economically disadvantaged communities for the benefit of the public in such a way that they are better able to identify, and help meet. their needs and to participate more fully in society., iii) promote social indusion for public benefit by preventing people from becoming socially excluded from society, or parts of sociely, as a result of one of more of Ihe following factors= unemployment., financial hardship., youth or old age.. ill health (physical or mental).. substance abuse or dependency including alcohol and drugs- discriminalion on the grounds of sex. race. disability, ethnic origin, religion, belief, creed, sexual orientalion or gender reassignment,. poor educational or skills attainment. relationship and family breakdown.. poor housing (that is housing that does not meet basic habitable standards. crime leilher as a victim of crime or as an offender rehabilitating into society). Summary of the main activities in relation lo those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 We increase people's sense of well-being and reduce loneliness and social isolation by bringing people and communities together to make friendships. We encourage people to actively lake part in their community by exchanging their skills and time wilh others. We recognise, value and celebrate every infomial volunteerin action. no matter how big or small. Participants share their skills and leam new skills from others. We run eight neighbourhood timebanks in Plymouth and work in partnership with service providers to support people to get active in their community. We run weekly socials in each neighbourhood and organise skill swaps to ensure the safety of all those who take part. We monilor and evaluate eve hin we do. All new Trustees have an induclion, and are given a copy of our Constitution. Charity Commission's 'The Essential Trustee Guide, and have an agreed set of principles and code of conducl based on the Nolan Princi les and Timebankin statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Addilional information {optional) You ma choose to include further slatements where relevant about: SORP T8f8rence Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38 Other Achievements and performance Summary of the main achievemenls of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. We have added to our pool of individuals and groups joining. Para 1.20 We have maintained Ihe number of volunteer skills hours exchanged. We supported eight neighbourhood Timebanks in Plymouth. Plymouth City Council continue to consider us an integral part of their Wellbeing Hub Strategy. Sadly, one element of our funding from them is ending with this financial year but the other continues. Our social event and swaps continue to help beneficiaries combat feelings of social isolation and loneliness. We are particularly seeking to support members over 65s in this regard. Timebank South West is inclusive and remains free for all beneficiaries to join and take part. Additional information (optional) You ma choose to include further statements where relevant about-. Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance ainsl ob'ectives Para 1.41 other Financial review Review of the charity's financial position at the end of the eriod Slatemenl explaining the policy for holding reserves slating why they are held Para 1.21 Met our budgetary aims and maintained our Unrestricted funds at the previous level. Para 1.22 A small Reserve is maintained to cover staff redundancies and potential closure contingency. Amount of reserves held Par8 1_22 £3,787 Reasons for holding zero reserves Details of fund materially in deficit Para 1.22 Nla Para 1.24 Nla Explanation of any uncertainties about the charity continuing as a going concern Para 123 None at this time. Additional information (optional) You ma choose to include further statements where relevant about.. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other Structure, governance and management Description of charity's trusts= Type of governing document= for example, Irust deed, memorandum and articles of associa110n elc How is the charity constituted? for example limited company, unincorporated association, Para 1.25 Constitution Para 1.25 Charitable Incorporated Organisation Foundalion, model cio Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Only voting members are its charity trustees. Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Additional information (optional) You ma choose lo include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and administrative details Charit name Other name the chari uses Re islered charit number Charity's principal address Timebank South West 1169627 Four Greens Community Trust 15 Whitleigh Green Whitleigh Plymouth PL5 4DD Names of the charity trusteos who manage the charily Dates acted If not for whole ear Trustee name Office lif any) Name of person lor body) entjtled toa oint trustee ifan Jo Bowden Chair Resigned 1611212022 Resigned 1611212023 Appointed 2910912023 Resigned 2710212023 Ember Wolffire Tania Nana Justine Cheffers Jo Bussell Chair {from 1611212022} Carole Hickling Tom Cox Alan Butler Deceased 26109122 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Dlrector name ortwasa roved Name of trustees holding title lo property belonging lo the charity Trustee name DatÈs acted If not forwhole ear Funds held as custodian trustees on behalf of others Description of the assets NIA held in this capacity Name and objects of the charity on whose behalf the assets are held and how Ihis falls within the custodian charit 's ob'ects Details of arrangements for safe custody and segregation of such assels from the charit 's own assets NIA NIA Additional information (optional) Names and addresses of advisers {optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (optional information) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information Declarations The company has taken advantage of the small companies, exemption in preparing the report above. The trustees declare that they have approved the trustees, report (including directors, report} above. Signed on behalf of the charity's trusteesldirectors Signature(s) Full nameOR ATI COAIP*tr4Y INFORMATh)N lor the 31si Mar¢h. 2023 USTEES Jlisiirt che￿r5 J￿nnp. B¢wdL Efrtx'r Wol￿re Nana Resw)no(t 1W12I2￿22 Regionto 16r12Q023 4)DtrntL* 29[C&1￿22 esuned ??￿21￿23 DrAlan Buiier Jo 8uSScll Carole Hlutlirtg Cax RE￿sTE￿o fJoiFICE r1Th￿bank Wesi Fwr Grep.Ds 15 w111l￿￿ GrEe PFIn￿vikn PLS 4DD RECISTERF t>NU¥IgER 118W7 .wI￿A)ITs" V￿￿ElY Accauntin9 SeN￿f kw in sectr()) t3001 Charitve5 or e ￿0￿￿1& do not accord thÈ Htttsuntin9 f¥OfdS I nave no eonctsns and corne ￿10s$ no other Matte￿ In conneciion With e%?rnin?lion 10 wlllch attcntth shJuh1 bethawn In or¢w to en*)*a ufthstand nl the Bcuunts ￿ be reocnea. sig￿j. . VKkery A￿tItani Dai,. 14th Sept¥Jts¥, 2023 5prtlon B StatÈtnDnt of •s$ets and liabiliues atthè end of tho wrtod VAlJah c rtAliiiY tfthMMIssio rjmebank South Wpt 1169627 Receipts and payments accounts epen from 01104.'2022 ?11QR,?P.?3 To Section A Receipts and payments Unrostrictod funds Rostricitsd funds Endowm¢ni funds Total t• np•rvst£ totho nearestÉ A1 Receipis 12$ 97.662 97.787 Sub tolollGross Incon￿ fvr 125 7.662 97.787 A2 A55et and snvestment 51 Sub total 12$ 97.662 9T.787 A3 Payments 81.029 1.749 81,029 1,149 fyuV*Il Sub toffal 82.778 82.718 IA4 A53el and ittvestsnent Sub total 82 778 82. Net ofreceiptsllpjyments) A5 Tran51ers between funds A6 Cash funds last vear end C85h funds Ihis year ènd 12S 14.8 %5.fy)9 J 662Y 46 870 61. .232 P¥ge 5 TIME8ANK SOUTH WEST ACHAA1T ABLE INCORPORATED RGANISA Irs TO T14L FIP4ANLIU SFA TLMLNfs Ity ent￿ 31SI M*ch, 2023 I. RECWPT$'. 31103123 31J0tr22 pcc C￿ C LouryJlur5 97.374 6Y.É77 21 p r?14iM 224 |IH¢re41 97.7$7 Z PAYMENTS". 31MJ3123 31K)3Q2 CHARITA&E ACTMnES.. <￿711È Ta*JNI Pcn5WJllS 67,742 3.er 22J9 538 350 3B6 rTrveilSub￿E•[ Renl R*es 104$ fj7S 418 Sub5(nPtion5 AdmirKiratiDn E¥erfs 383 1.$74 72 137 81.Q29 45 fu19 Pahfoll thJrges 3QQ 74 216 t.749 i a]8 REPORT OF THE EXTERNAL EXAMINER TO THE TRUSTEES OF TIMEBANK SOUTH WEST A CHARITABL RATED ORGANISATION ON THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH. 2Q23 Re$ ctivo res onsibilitiEs of tTUStee$ and th¢ t￿￿￿1 examinLY The ehaijvs tsuslÈe5 are reswnsible IC￿ Ihe PfeparahDn ol the veounts. Th charily's Irusiees conwjer +h3t an audit is not roqusiLYI lor this year under secuon 144 f the Charrties kt 2011 Ilhe ChartP5 Act) and Ihat an independent examination ncodcd. It Is rny responsibility to. F%3mine the xcouftts uThJcr socI￿1n 145 Of the Charities Act. To lollthv the procedures kiltt drwm in IhL' genprAI direcws given by ihe Chanty rommi55ion I'under sectKm 1451SIIDI ol It￿ Charilivs Arr. and To state whether Jarn"cuL2f mattcrs have CAX￿ io my dttenti Basis of Ind ndent Examinerf Ete My oxatTTlnalion Wds carrth OLrt In ac￿r￿ar￿Ge wilh the qer)er31 direc*ons gpden by the Chaiily Commissw An •.X.?minatj￿ Iri￿LideS o reviLw ol tho acco4Jnting records kopl by Ihe chciiily a compariEDn of the prescnte And f31r' vw 3nd the report Is limited lo moso mattprs séh.t out in the statemtsnt below Inde ndeni Exatt)iherfs Statement In conner.*on wlh my examinatN)n. no matler ha5 come to ry 3NenDon' whsEh qwes me re3sonable Cause Ihal In any matpriMI rv.spett' aCc￿ntIng record% wp.re ket in ,iccordJnce with sethon 130 of IhL> Ch3rilie5 Acl or me ￿e0￿￿￿ nol accord wrth the ￿)untIng records I have no cOn￿n$ ènd have tDmp arross no other matters in connectson wilh f.¥.Imin?tion ￿ which al￿nb0ft shoukl be dra*n Jn order a prow undOrskr￿mr ol rhP..7r￿unIs to be iearnea. Signed. AttC*Jntant Da., . 14117 Seplemt*, 2023 Page 3