## **The Violence Intervention Project**
## **Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 31[st] October 2021**
|**Trustees**|Mr David Elsworthy OBE (Chair - ended Feb 21)|
|---|---|
||Michael Boyle (ended March 21)|
||Mariam Rashid (Joint Chair Feb 21 ended being|
||trustee Aug 21)|
||Abiodun Ajibola (Treasurer)|
||Levi Griffith (ended June 21)|
||Aisha Faruqi (Joint Chair Feb 21 Chair Aug 21)|
||Tyrone Keith Sterry (ended July 21)|
||Brett Hart|
|**Registered Charity Number**|1175817|
|Registered office :|The VIP,|
||Newcombe House|
||43-45 Notting Hill Gate|
||LONDON|
||W11 3LQ|
|Independent Examiner|Elizabeth Collins|
||Percent ABV Ltd|
||10 Fidler Place|
||Bushey|
||Herts|
||WD23 4UF|
_1_
## **The Violence Intervention Project**
## **Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 31[st] October 2021**
||**Contents**||
|---|---|---|
|||Page|
|Trustees Report||**3**|
|Management Report||**4**|
|Independent Examiners Report||**5**|
|Statement of Financial Activities||**6**|
|Balance Sheet||**7**|
|Cash Flow Statement||**9**|
|Notes to the Financial Statements||**10**|
_2_
## **The Violence Intervention Project**
## **Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 31[st] October 2021**
## **Trustees’ report for the year ended 31[st] October 2021**
The trustees present their report and financial statements for the period ended 31 October 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
The charity's objects are the advancement of health or saving of lives of vulnerable people at risk or involved in serious youth violence. The policies adopted in furtherance of these objects are recorded and there has been no change in these during the period.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Financial review**
Income for the year from donations and grants was £275,608 (2020: £260,713). Expenditure was £315,931 (2020: £205,598). This was spent on charitable activities, cost of raising funds, and administration costs of the Charity. Further details can be found in the statement of financial activities on page 7.
## **Reserves**
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the period.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
_3_
## **The Violence Intervention Project**
## **Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 31[st] October 2021**
## Management Report:
## Impact of Covid:
2020-2021 proved a much more challenging period than the previous financial year. The VIP continued to engage young people in new and innovative ways, continuing some of the learning from the first year of the pandemic, providing food parcels to many families and increasing our partnership working with food banks.
Towards the end of the year, we felt a real pinch in our funding, had to furlough the team part-time in the run up to the summer. Thankfully, funding came through allowing our services to resume in time for a busy summer.
## Future Plans
Despite the challenges faced towards the latter part of the year, The VIP finished 2021 on a high, with an expanded team, growing year on year and new partnerships being formed with new boroughs. We hope in the year ahead to start work across West London in Ealing and Houslow, part of which will be funded – through The VRU: Stronger Futures fund an exciting partnership with the The Violence Reduction Unit, who were our first ever funders in 2018 under the guise of MOPAC: Anti-Knife Crime Seed Funding.
– This report has been prepared in accordance with the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities
Approved by the Board of Trustees on Tuesday 30[th] August 2022 and signed on its behalf by
Abi Ajibola Treasurer Date 31.08.22
_4_
## **The Violence Intervention Project**
## **Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 31[st] October 2021**
## **Report of the Independent Examiner to the Trustees of the Violence Intervention Project**
## **For the year ended 31 October 2021**
We report on the financial statements for the year ended 31 October 2021, are set out on pages 6 to 9 which have been prepared on the basis of the accounting policies on pages 10 to 16.
## **Respective responsibilities of the Trustees and Independent Examiner**
The Trustees are responsible for the preparation of the financial statements. It is our responsibility to form an independent opinion, based on our work, on those statements and to report our opinion to you.
## **Basis of Independent Examiner's Report**
An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by these accounts.
## **Independent Examiners Statement**
In connection with our examination, no matter has come to our attention which gives us a reasonable cause to believe that in any material aspects the requirements to keep the accounting records in accordance with the SORP FRS102 and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the SORP have not been met or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Signed by Elizabeth Collins**
> **Date** 31.08.22
**NB: Accounts were re-examined in May 2024, please see Appendix A for full details. No changes were made.**
_5_
## **The Violence Intervention Project**
## **Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 31[st] October 2021**
|**Notes**
**Incoming resources**
**3**
Donations and fundraising
Charitable Activities
Government Grants
**Total incoming resources**
**Net resources available for**
**Charitable Activities**
**Charitable Expenditure**
**4**
Raising funds
Charitable Expenditure
Admin & other Expenditure
Governance costs
Depreciation
Resources expended
Net incoming/(outgoing resources)
Prior year adjustment
**Net movement in funds**
Total funds at 1 November 2020
Total funds at 31stOctober 2021|**Notes**
**Incoming resources**
**3**
Donations and fundraising
Charitable Activities
Government Grants
**Total incoming resources**
**Net resources available for**
**Charitable Activities**
**Charitable Expenditure**
**4**
Raising funds
Charitable Expenditure
Admin & other Expenditure
Governance costs
Depreciation
Resources expended
Net incoming/(outgoing resources)
Prior year adjustment
**Net movement in funds**
Total funds at 1 November 2020
Total funds at 31stOctober 2021|**2021**
**2021**
**General**
**Restricted**
**Fund**
**Funds**
**£**
**£**
595
166,062
99,500
9,451|**2021**
**2021**
**General**
**Restricted**
**Fund**
**Funds**
**£**
**£**
595
166,062
99,500
9,451|**2021**
**2020**
**Total**
**Total**
**£**
**£**
595
2,918
265.562
257,795
9.451
0
**275,608**
**260,713**
275,608
260,713
241
2,994
314,460
201,802
200
300
1.030
502
**315,931**
**205,598**
(40,322)
55,115
(6,308)
(40,322)
61,423
65,172|
|---|---|---|---|---|
|||**176,108**
**89.500**|||
||||||
|||176,108
89,500|||
|||241
213,415
101,045
200
1,030|||
|||**214,886**
**101,045**|||
||||||
|||(38,777)
(1,545)|||
||||||
|||(38,777)
(1,545)|||
|||57,363
7,809|||
|||**18,586**
**6,264**||**24,850**|
All amounts relate to continuing activities and there has been no change in the nature of the Charity’s activities in the year.
All recognised gains and losses are included in the statement of financial activities.
The notes on page 11 to 15 form part of these financial statements.
_6_
## **Balance sheet**
## **as at 31[st] October 2021**
|**Notes**
**Fixed Assets**
Tangible Assets
**6**
Depreciation Charge
**Current Assets**
Debtors - prepayments and accrued income
Cash at bank and in hand
**Amounts falling due within one year**
**Creditors:**
**1g,5**
Accruals
Income in Advance
Trade Creditors
**Net Current liabilities**
**Amounts falling due greater than one year**
**Creditors:**
**Total Assets Less Current**
**Liabilities**
**Accumulated Funds**
General Fund
Restricted Funds
**7**||**2021**
**£**
3,533
(1,782)
**907**
2,377
43,489
45,866
200
22,567
0|**2020**
**£**
1,659
(752)
**907**
161,043|
|---|---|---|---|
||||161,043
44,100
51,225
552|
|||22,767
**23,100**
**24,850**
18,586
6,264
**24,850**|96,777
**64,266**
65,172|
|||||
|||||
||||57,363
7,809
**65,172**|
7
## **Trustees’ statements required by Sections 475 (2) and (3)**
## **For the year ended 31[st] October 2021**
In approving these financial statements as trustees of the company we hereby confirm:
For the year ended 31[st] October 2021 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The financial statements have been prepared in accordance with the provisions applicable to companies’ subject to the small companies ’ regime.
The members have not required the Charity to obtain an audit of its financial statements for the period in question in accordance with section 476 of the Companies Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
Signed on behalf of the Board of Trustees by and authorised for issue on Tuesday 30[th] August 2022
Abi Ajibola Treasurer Date 31.08.22 **Registered Number 1158800**
8
|**Statement of Cash Flows**|**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Surplus (deficit) from operating activities|(40,322)|61,243|
|Depreciation|1,030|502|
|Interest Receivable|0|0|
|Decrease (Increase) in receivables|(2,377)|0|
|Increase (Decrease ) in payables|(74,011)|65,393|
|**Net Cash Generated from operating activities**|**(115,680)**|**127,318**|
|
**Investing Activities**|||
|Interest Received|0|0|
|Purchase of Fixed Assets|(1,874)|0|
|**Net Cash inflow and increase in cash**|**(117,554)**|**127,318**|
|**Cash and cash equivalents at beginning of year**|161,043|33,724|
|**Cash and cash equivalents at end of year**|**43,489**|**161,043**|
9
## **The Violence Intervention Programme**
## **Notes forming part of the financial statements (continued) for the year ended 31[st] October 2021**
## **1. Accounting policies**
## **Basis of accounting**
These financial statements have been prepared under the historical cost convention, and in accordance with applicable United Kingdom accounting standards and in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP 2015)
The functional currency of The Violence Intervention Programme is considered to be pounds sterling because that is the currency of the primary economic environment in which the Charity operates.
The Violence Intervention Programme constitutes a public benefit entity as defined by FRS102.
## **Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **Income**
Donations including donations, gifts and legacies are recognised where there is entitlement, the amount can be measured with sufficient reliability, and receipt is probable.
All income is accounted for on an accruals basis. Accrued income represents money owed for project undertaken and/or expenditure already incurred between November 2020 and October 2021
## **Expenditure**
Expenditure is accounted for on an accruals basis. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT.
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes.
## **Costs of raising funds**
The costs of raising funds consist of fundraising costs relating to just giving fees.
## **Fixed Assets**
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition are included in the measurement of cost.
10
## **The Violence Intervention Programme**
## **Notes forming part of the financial statements (continued) for the year ended 31[st] October 2021**
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following basis:
Computer equipment - 33% straight line
## **Satement of cash flows**
Following the implementation of FRS102, a statement of cash flows is incorporated within the financial statements of The Violence Intervention Programme for the year ended 31[st] October 2021 on page 9.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **Critical accounting judgements and key sources of estimation uncertainty**
There are no critical accounting judgments or key sources of estimation uncertainty at the reporting date.
11
## **The Violence Intervention Programme**
## **Notes forming part of the financial statements (continued) for the year ended 31[st] October 2021**
## **2. Staff costs**
The Trustees did not receive any emoluments or reimbursed expenses from the Charity.
No employees in the current and prior periods had emoluments in excess of £60,000.
|**2021**
**£**
Wages and Salaries
275,416
**The average number of employees employed by the charity**
**during the year (FTE) was:**
**2021**
**No.**
PAYE staff
5.50
**Detailed Statement of Financial Activities**
**General**
**Restricted**
**2020**
**fund**
**Funds**
**Total**
**£**
**£**
**£**
**3. Income Analysis**
**Grants and donations**
Grants
166,062
99,500
**265,562**
Government
Grants (HMRC)
9,451
**9,451**
Donations
595
**595**
**Total incoming resources**
176,108
99,500
**275,608**|**2020**
**£**
166,708
**2020**
**No**
4.00
**2019**
**Total**
**£**
257,795
2,918|
|---|---|
||**260,713**|
12
## **The Violence Intervention Programme**
## **Notes forming part of the financial statements (continued) for the year ended 31[st] October 2021**
|**4 Resources expended**
Accountancy
Bank Charges
Contractors/prof fees
Depreciation
Equipment Lease
Food Distribution
Insurance
Lease Car
Marketing/Fundraising
Materials/Activity Costs
Mentoring
Office/Admin Expenses/PPE
Phone/Computer
Rent
Salaries and wages
Training/recruitment
Travel and Subsistence
Volunteer costs
**Total resources expended**|**General Restricted**
**£**
-
200
-
0
-
885
7,833
1,030
302
4,240
253
-
2,367
241
547
5,359
798
-
4,256
-
0
185,916
89,500
0
3,712
4,628
**214,886**
**101,045**|**Total**
**£**
**200**
**0**
**8,718**
**1.030**
**302**
**4,240**
**253**
**2,367**
**241**
**547**
**5.359**
**798**
**4,256**
**0**
**275,416**
**3,712**
**4,628**
**315,931**|**Total**
**£**
300
0
900
502
972
4,145
974
0
2,994
7,528
3,562
65
10.321
210
166.708
2,244
4,173
**205,298**|
|---|---|---|---|
|**Note 5**|||
|---|---|---|
|**Accountants Fees**|**2021**|**2020**|
|Independent Examiners Fees|200|300|
||**200**|**300**|
13
## **The Violence Intervention Programme**
## **Notes forming part of the financial statements (continued) for the year ended 31[st] October 2021**
|**Note**|**6**|**Tangible fixed assets**|**Office Equip Total**|**Office Equip Total**|
|---|---|---|---|---|
|||Fixed assets Cost @ 1/11/20|
1,659|1,659|
|||Additions
|- 1,874|1,874|
|||Cost @ 31/10/20
|**3,533**|**3,533**|
|||-|||
|||Depreciation c/f 1/11/20|752|752|
|||Depreciation 2020-2021|1,030|1,030|
|||Depreciation b/f 31/10/21|
**1,782**|**1,782**|
**Note 7: Analysis of movement on Restricted Funds**
|**Charitable activities**
John Lyon
Global Fund For
Children
ESDF|**2021**
**2021**
**2021**
**2021**
**b/f @**
**1/11/20**
**Income**
**Expenses**
**At**
**31/10/21**
**£**
**£**
**£**
**£**
0
84,500
84.500
0
0
5,000
5,000
0
7,809
10,000
11,545
6,264|
|---|---|
||**7,809**
**99,500**
**101,045**
6,264
|
## **Restricted Funds**
John Lyons Fund : Core funds grant for Management and Administration
Global fund: Core funds grant for Management and Administration ESDF: Grant for Supervision and Training
14
Appendix 1- Independeni Examiners Hepori 2024
In 2023 we Jecame aware tnat fjur inieDen(eni eiaminer lio not ha¥e thB 8Dpiopiiate accieoitation for tne size Bf tne cnarity
Irevertrve ovpr£250,to]i. we Fai&ei tnis wrtn the cnaiity Cotnmission afto weie notifieo thaiwe gnoulo nave our accounts ie-
exarnineo by an accielitel accountaFFt ano resubfftittheffl. Tnis a9DeEFlix contains tne iaoepenoent Examineis Report.
Report ol the Independent Examlner to the Trusiees ol the
Vlolence Inierventlon project
For the year ended 31 ociobw 2021
We ieport onthe linancial stalementsloilhe yearenllefl 0ctober2021.set oul on pafjes8tO 9,which have been
prppaipll accDiding lo the accDuntinu POlieiEs 0 pages10 to14.
Respèclivp iesponsibilitieS 01 the Trustees and InfjepenfjEth Examiner
TheTrustees are responsible for ttse prEparatiOll DI Ihe linancial iatements. It is our responsibility to form a
iRttpppRdpnt opinion, based on ourwDrL Dn thDsestatemenis anll to fEPOrtouiopiTrionloyou.
Basis oi Inllependent Exafflinei's Report
An examination inciuoes a feview of tne accounll'nfj iecoris kept try the cnarity 8ntt a comparison of tne accountg piesentel witn
tkose recoros.113180 incluOBs consi(eration Qf any unusual iteffts 01 ttisclosureg in Ine accounts, seeking exDlanations Irom tne
Iiuslees concelning any sucn tnatters. The glOGeOures UR0ertake ¢io not piovi(te ali tile e¥iUence that Waulo De requiiett in an
alloit anu consBquently we tto noi exDIESS an auort Gpinion GR thB view gi¥en bylhese 8ccounts.
Indppendent ExaminEts Stalefflent
connection witn Gur examination, ftu matter nag ccme to oui allelttion which oi¥Es ug a ieasfjnable callse lo beliBve that any
mateiial asDects the requiietllBnts to keep the accountino iecorog in accoidance with tnE SORP FR8102 ano to DiepAie accounts
wnicn accoro witn tne accfjunting recoids 8nd10 Cofflplywiin the accounting iequiiefflents 01 tllB SORP have not been met or to
wllicn, in Oul ODIFllQn, attBFllion tre Iiawn-
n oileF to eAabiB a piDpei unoeistantling of the accounts to tre ieaGhel.
Signed by Howard lane .
Dale: 9 May 2024
Howarll Lane FFA
PIo-Filing Itll
68 Qanteibury Giovp
lonlon SE27 OPA