CHARITY REGISTRATION NUMBER: 1191383
Community Volunteers Wales
Unaudited Financial Statements
31 March 2024
WALTER HUNTER & CO LIMITED
Chartered accountants
24 Bridge Street
Newport
South Wales
NP20 4SF

Community Volunteers Wales
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
10
Notes to the financial statements

Community Volunteers Wales
Trustees, Annual Report
Year ended 31 March 2024
The trustees present their report and the unaudited financial stslemenls of the charity for the year
ended 31 March 2024.
Reference and administrative details
Registered charity name
Community Volunteers Wales
Charity registration number
1191383
Principal office
The Pantri
49 Tredegar Street
Risca
Newport
NP11 6BW
The trustees
Miss J Davies
Mrs DL Derraven
Mr R Grayson
Miss M Hedges
Miss T Holloway
Miss S Lanigan
Ms P Leonard
Mr RG Owen
Dr D Platt
IAppointed 19 February 20241
Mr M Tudor
IAppointed 12 February 20241
Miss G Spindler Vasquez Walters IAppointed 12 February 20241
IApFX)inted 12 February 20241
IApF)ointed 12 February 20241
IAppointed 12 February 20241
IResigned 3 June 20231
IAppointed 12 February 20241
Independent examiner
Mr Jonathan Rhodes BSC BFP FCA
Structure. governance and management
Nature of the governing document and constitution of the charity
RCV UK (Risca CV19 Volunteers) was formed and commenced trading on 21 September 2020 as
Charitable Incorporated Organisalion, charity number 1191383. Originally established as Risca
Community Volunteers, having always offered support to anyone, regardless of location, during the
year ended 31 March 2023, the charity changed ils name lo CVW Community Volunteers Wales to
better reflect the charity's inclusivity.
The methods adopted for the recruitment and appointment of new trustees
Other than the founding Iruslees, every Iruslee must be appointed for a term of three years by
resolution passed al a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity Iruslees musl have regard to
the skills, knowledge and experience needed for the effective administmtion of the CIO.

Community Volunteers Wales
Trustees, Annual Report (conllnuedj
Year ended 31 March 2024
Objectives and activities
Summary of the purposes ofthe charity as set out in its governing document
Community Volunteers Wales ICVVV) is a community-based charity dedicated to helping and
connecting people in our community, now and always.
To create robust self-sufficienl communities that have kindness and connection al the very heart.
Our vision is a connected community where no-one is suffering the side effects of poverty or isolation.
To combat climate change on a local level, utilising resources available and redistributing them to
those in need and avoiding landfill waste.
CVW strive lo be ever evolving, lo reach more people and families focusing on giving those who need
it a hand up, rather than just a handout.
Our 4 Core Values include..
Weshare
We believe in giving everyone in the community access to a hand up not just a handout. We have trust
in our community's generosity and share resourees with those in need.
WeNurture
CIAN are working to ensure no one in our community is lonely or frightened. These can be significant
contributors lo poor mental health, and we are committed to eradicating them.
Weconnect
Creating meaningful connections is at the heart of everything we do. We believe in bringing people
together to support each other and build strong, lasting bonds.
WeGrow
We encourage those in our community lo embrace outdoor spaces. By creating these spa￿$ we are
able lo foster talent lo develop our best selves.

Community Volunteers Wales
Trustees, Annual Report (conllnuedj
Year ended 31 March 2024
Objectives and activities {contInue
Summary of the main activities in relation to those purposes for the public benefit
CIM provides companionship and support services to individuals experiencing loneliness, isolation,
vulnerability, or mobility challenges. Our offerings encompass essential assistance such as shopping
and prescription delivery, consistent telephone check-ins, and occasional in-person interactions.
Additionally, we extend Iransportalion services lo facilitate heallh-relaled appointments as required.
As agents for Trussell Trust we make referrals to Risca Foodbank when a family or individual presents
to us with food poverty. We also run our own emergency foodbank to cover during the days that
Trussell Trust are closed.
We offer free unbranded school uniform to any family in need. We currently cover the 4 Risca schools
with branded uniform and receive referrals from the schools as well.
Coffee Morning - Channel View Community Centre Risca. Open lo anyone of any age. A chance to
meet others and meet the CVW team. Indoors during the cold seasons and outdoors during the
summer.
Tin on a Wall this is a once monthly project to collect non-perishable foods from specific targeted
streets lo donate to various foodbanks, pantry's and charities in the wider area. Volunteers sign up as
Street Champions lo take care of their own or a street close by. The streets are rotated for each
collection.
Competitions
we run a variety of competitions throughout the year, particularly during seasonal
events, such as school holidays, Easter, Halloween etc.
School holidays we focus on children during school holidays with events such as Halloween disco's
and pumpkin calving, Santa's Christmas Grotto, Easter Egg Hunt elc.
Risca IWN this is the Integrated Wellbeing Ne￿Ork in partnership with David Llewelyn at ABUHB.
We meet once a month with all local businesses and service providers lo plan activities and events for
the local community.
The Pantri we opened The Pantri within our Community Coffee Shop The Snug, in February 2022.
This was primarily a pantry for the distribution of supermarket surplus food which we purchase from
Fareshare. We also supplement this surplus with donations through Tin on a Wall. However, the need
quickly outgrew the premises, so we moved the Pantri to il's own building in February 2023.
The Snug Community Coffee Shop - Originally as a base for the Panlri, it now runs purely as a coffee
shop with the added bonus of being a safe space, where everyone is welcome. We offer the space lo
hire for other groups Including a Youth Club and we run our own groups from here loo. We also offer
pastoral support and referral services from The Snug.
Bike Hub CVW encouraged local young people lo become bicycle mechanics through accredited
training. We take donations of unwanted bikes and our mechanics run repairs and "MOTS, so that we
can supply bikes to local families.
Community Cook Book This project is run in conjunction with Multiply through CCBC and we offer
cookery sessions from The Snug.
Friendly Friday - a support group run from The Snug, offering a free hol meal and drink lo anyone who
would like to attend. Aimed at reducing loneliness and isolation.

Community Volunteers Wales
Trustees, Annual Report (conllnuedj
Year ended 31 March 2024
Objectives and activities {contInue
Statement confimiing whether the trustees have had regard to the guidance issued by the
Charity Commission on public benefit
The Iruslees confirm that they have referred lo the guidance contained in the Charity Commission's
general guidan￿ on public benefit when reviewing the Charities aims and purposes and in planning
future aclivilies.
The services and support that the charity offers are available to anyone in need, regardless of
nationality, religion, age or sex. We have in place an Equal Opportunities policy as recommended by
the Charity Commission.
Achievements and performance
Summary of the main achievements 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
Through our befriending service, we have continued lo provide vital support to over 1000 individuals
from our community. many of whom would otherwise face overwhelming challenges or experience
total isolation. The dedication of our volunteers remains 8 cornerstone of this success.
Over the past 12 months, we have delivered significant support through the Pantri project, supptying
an average of 12,500 meals per monlh-an increase from the previous year. This initiative continues lo
support families referred by schools and community organisalions while offsetting an impressive 6,400
kg of C02 per month, further enhancing ils environmentsl impact.
Our volunteer base has expanded to over 450 dedicated individuals, and we are continually
approached by others eager to join our efforts. This reflects the exceptional community spirit within the
South Wales Valleys, which many have described as reminiscent of the camaraderie during the war
years.
We are proud to report that we were honoured with the Welsh Charity Award in the Trailblazer
category during this period. This recognition highlights our innovative approaches and sustsined
commitment to the community.
Our work has generated significant social value, with contributions such as food and toy donations and
volunteer hours laveraging 1,750 hours per monthl translating lo an estimated £310,200 per annum in
financial benefit to the community. This figure underscores the additional value our activities bring lo
the area, beyond our direct financial contributions detailed in our accounts. We have further
strengthened our operations by employing 12 individuals across the charity and continuing to provide
work experience opportunities for students through partnerships with local colleges, universities, and
the DWP.
Our holistic approach lo support remains a defining feature of our work. While addressing immediate
needs such as social connection, low-level mental health support, confidence building, and food
security, we also assist beneficiaries with broader challenges. This includes referrals lo social
services, mental health teams, housing support. debt advice, and other agencies, ensuring that those
we support receive comprehensive and sustainable assistance.

Community Volunteers Wales
Trustees, Annual Report (conllnuedj
Year ended 31 March 2024
Financial review
Transactions and financial position
The financial statements are sel out on pages 9 10 22. These financial statements have been prepared
in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic
of Ireland., the Statement of Recommended Practice applicable lo charities preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 Icharilies SORP IFRS 10211 and the Charities Act 2011.
The Statement of Financial Activities shown on page 9 to the accounts discloses net incoming
reSoUr￿S for the year of £12,07912023'. £6,112).
The lotsl reserves al the year-end stand al £72,43212023.' £60,353).
Statement explaining the policy for holding reserves stating why they are held
The Board has set a reserves policy that requires..
Funds are to be maintained al a level that ensures core activity can continue for three
months in the event of disruption of income streams".
Funds are lo be maintained in a readily realisable form.,
The policy allows review on an annual basis.
No funds of the charity, restricted or unrestricted, are in deficit as at 31 March 2024.
The charlty's prlnclpal sources of funds
The charity's principal sources of funding for the year ended 31 March 2024 are disclosed in note 5 10
the financial stslements.

Community Volunteers Wales
Trustees, Annual Report (conllnuedj
Year ended 31 March 2024
Plans for future periods
The charity has an exciting array of activities and projects planned for the forthcoming year, focused
on supporting the community, fostering connections, and addressing pressing needs. Key initiatives
include..
1. Expanding Mental Health Support
We will continue lo work alongside local surgeries, pharmacies, and self-referrals lo identify individuals
experiencing low-level mental health challenges. These individuals will be encouraged lo participate in
outdoor activities that reconnect them with nature and promote well-being. This is the main focus of
the Inlegraled Wellbeing Netsork, facilitated by ABUHB, in which we participate.
2. TTrnsPOrt to Health
Our Iransportalion service for medical appointments will remain a priority. This essential project relies
on volunteer drivers and two vehicles,. however, demand often outpaces availability. We aim to boost
both the number of vehicles and the recruitment of volunteer drivers to meet this critical need.
. Dèy Trips
We plan to organise pre-bookable day trips at least once per month, priced affordably to cover
transport and associated costs. These outings are designed to enhance social inclusion and create
memorable experiences for participants.
4. Clothès Collecli¢)ns
We will continue to operate an outdoor clothes bin al the Channel View Community Centre,
complemented by six-monlhly donation points. These collections benefit the community while reducing
waste.
5. The Snug Coffee Shop
We aim to enhance the services offered at The Snug by increasing venue hire and continuing lo
provide pastoral care and support. All proceeds will be reinvested into the charity to sustsin and
expand our community projects.
6. rhe P8nttl
Our community eco food shop will continue its mission lo reduce food waste, redistribute surplus food
al low cost, and provide a warm and safe space for visitors lo engage with our team.
7. Youth Club
vwth secured funding, continue to host a Youth Club in the Snug I￿1￿ a week. This initiative will
provide a safe and fun space for young people, help redu￿ anti-social behaviour, and include
workshops on life skills such as cooking, CV writing, and budgeting.
8. Dan Y Graig and Ri5ca Park Development
We are collaborating with CCBC lo lake over a local park area and building. Dan Y Graig will be
transformed into a peaceful area for meditation, personal growth, and contemplation. Meanwhile, the
building in Risca Park will house a new Bike Hub, offering drinks and snacks to the public. These
projects will not only provide valuable community resources but also contribute to financing the
charity's ongoing work.

Community Volunteers Wales
Trustees, Annual Report (conllnuedj
Year ended 31 March 2024
9. rhe Sycamorn Centre
We are thrilled to announce our plans lo lease-to-buy the Sycamore Cenlre, a vitsl community hub
that will significantly enhance our ability to deliver seNices and support local residents. This centre will
serve as a multi-purpose space, enabling us lo expand existing projects and develop new initiatives
that address the evolving needs of our community. By securing this facility, we aim lo create a
long-lerm base for our charity that offers stability and sustainability, ensuring we can continue lo make
a meaningful impact for years lo come.
10. Collaboration Aclivilies 4t the sYcanM)￿ Centre
The Sycamore Centre will also be a focal point for collaboration, bringing together a range of
organisalions and groups lo work towards shared goals. We are partnering with schools, local
authorities, healthcare providers, and other charities to deliver integrated support for residents. These
collaborations include hosting workshops, training sessions, and outreach programmes that tackle
issues such as mental health, food insecurity, and employment challenges. By pooling reSoUr￿S and
expertise, we aim to create a cohesive support network that maximises the positive impact on the
community. We remain committed to developing innovative projects and fostering collaboration lo
meet the evolving needs of our community while creating lasting social value.
The trustees, annual report was approved on 30 January 2025 and signed on behalf of the board of
trustees by..
Mrs DL Derraven
Trustee

Community Volunteers Wales
Independent Examiner's Report to the Trustees of Community Volunteers
Wales
Year ended 31 March 2024
I report lo the trustees on my examination of the financial statements of Community Volunteers Wales
I'the charily'l for the year ended 31 March 2024.
Responsibilities and basis of report
As the Iruslees of the charity you are responsible for the preparation of the financial statements in
accordan￿ with the requirements of the Charities Act 20111'the Act'i.
I report in respect of my examination of the charity's financial statements carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given
by the Charity Commission under section 14515llbl of the Act.
Indgpendent 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..
accounting records were not kept in respect of the charity as required by section 130 of the
Act., or
the financial statements do not accord with those records", or
the financial statements 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 fairf 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 lo
which attention should be drawn in this report in order to enable a proper understsnding of the
accounts to be reached.
Mr Jonathan Rhodes BSC BFP FCA
Independent Examiner
Walter Hunter & Co Limited
Chartered Accountants
24 Bridge Street
Newport
NP20 4SF
30 January 2025

Community Volunteers Wales
Statement of Financial Activities
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Not•
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
3,037
17,585
59,530
111
3,925
248
92,626
3,285
110,211
59,530
13,594
93,678
76,469
72
3,925
Total income
84,188
92.874
177,062
183,813
Expenditure
Expenditure on charitable activities
Total expenditure
9,10
87,981
77,002
164,983
177,701
87,981
77,002
164,983
177,701
Net ineome
13,7931
15,872
12,079
6,112
Transfers be￿een fvnds
7,002
17,0021
Net movement in funds
3,209
8,870
12,079
6,112
Reconciliation of funds
Total funds brought fotward
Total funds carried foThvard
1,972
58,381
60,353
54,241
5,181
67,251
72,432
60,353
The slalement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 11 to 22 form part of these financial statements.

Community Volunteers Wales
Statement of Financial Position
31 March 2024
2024
2023
Notè
Fixed assets
Tangible fixed assets
18
25,203
26,859
Current assets
Debtors
Cash at bank and in hand
19
16,249
34,048
15,089
69,924
50,297
85,013
Creditors: amounts falling due within one year
Net current assets
20
3,068
51,519
33,494
47,229
Total assets less current Ilabllltles
72,432
60,353
Net assets
72,432
60,353
Funds ofthe charity
Restricted funds
Unreslricled funds
67,251
5,181
58,381
1,972
Total charity funds
22
72,432
60,353
These financial statements were approved by the board of trustees and authorised for issue on 30
January 2025, and are signed on behalf of the board by".
ri4r•
Mrs DL Derraven
Trustee
The notes on pages 11 to 22 form part of these financial statements.
10

Community Volunteers Wales
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefi't entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is The Pantri, 49 Tredegar Street, Risca,
Newport, NP116BW.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities
SORP IFRS 10211 and the Charities Act 2011.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in steding, which is the functional currency of the entity.
All amounts included in the finsncial statements have been rounded to the nearest £1.
Golng concern
The charity is entirely dependent on continuing grant aid and as a consequence the going
concern basis is also dependent on the continuing grant aid. However, al the lime of signing
these accounts there are no material uncertainties about the charity's ability lo continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
eslimales and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unreslricled funds are available for use al the dI￿retIOn of the trustees to further any of the
charity's purposes.
Restricted funds are subjected lo restrictions on their expenditure declared by the donor.
Incoming resources
All income is included in the statement of financial activities when enlillemenl has passed to the
charity, it is probable that the economic benefits associated with the transaction will flow to the
charity and the amount can be reliably measured. The following specific policies are applied to
particular categories of ineome".
11

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
Accounting policies {conllnu8d)
Incoming resources (continu8dJ
income from donations or grants is recognised when there is evidence of entillemenl to the gift,
receipt is probable and ils amount can be measured reliably.
income from contracts for the supply of ServI￿S is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for il lo be spent on a particular purpose and returned if unspent, in which case it
may be regarded as reslricled.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which Il relates..
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of ils beneficiaries, including those support
costs and costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable aclivib'es.
All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly lo that activity. Shared costs are apportioned
between the activities they contribute lo on a reasonable, justifiable and consislenl basis.
Operatlng leases
Lease payments are recognised as an expense over the lease term on a slraight-line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease
term, on a slraight-line basis.
Tangible assets
Tangible assets are initially recorded al cost, and subsequently slated at cost less any
accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as lo write off the cost or valuation of an asset, less ils residual
value, over the useful economic life of that asset as follows..
Plant and machinery
Fixtures and fittings
Motor vehicles
Kitchen Equipment
20,/0 Straight line per annum
200/0 Straight line per annum
250/¢ Straight line per annum
200/0 Straight line per annum
12

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
Accounting policies {conllnu8d)
Defined contribution plans
Contributions lo defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be sellled wholly within 12 months of the end of the
reporting dale in which the employees render the related servi￿, the liability is measured on
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which il arises.
Donations andlogacies
Unrestricted
Funds
Restricted Totsl Funds
Funds
2024
Donations
Donations
3,037
248
3,285
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
13,119
475
13,594
Charltable actlvltles
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Caerphilly County Borough Council
Community Foundation in Wales
Gwenl Association of Voluntary Organisalions
National Grid
Moondance
Newport County Council
Community Transport Association
other income from charitable activities
14,191
30,647
10,000
44,838
10,000
5,000
40,000
5,000
40,000
6,979
6,979
3,394
3,394
17.585
92,626
110,211
13

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
Charitable activities (con*nu8d)
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Caerphilly County Borough Council
Community Foundation in Wales
Gwenl Association of Voluntary Organisalions
National Grid
Moondance
Newport County Council
Community Transport Association
other income from charitable activities
320
34,083
34,403
26,488
10,000
26,488
10,000
5,000
7,500
7,344
5,000
7,500
10,287
2,943
3,263
90,415
93,678
other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
The Snug Cafe takings
The Pantri membership fees
Venue hire
59,280
59,280
75,829
640
75,829
640
250
250
59,530
59,530
76,469
76,469
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank Interest receivable
111
111
72
72
Other income
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Gain on disposal of tangible fixed
assets held for charity's own use
3,925
3,925
14

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Core activity, including community volunteering and
support
Families First & Cookbook
Food Poverty
We Cycle
Bags2School
Safe and Well
We Connect @ The Snug
Youth Club
The Pantri
Sim Cards
Community Empowerment Fund
Green Grid Fund
Isolation Loneliness
Summer of Fun
Sustainable Food
Transport to Health
Ukrainian Refugees
Warm Bank
Support costs
2,708
2,708
11,005
11,005
19
672
2,308
4,987
4,879
10,465
225
613
4,600
1,200
160
6,089
18,448
240
6,657
4,455
19
672
2,308
62,027
4.879
24,656
225
613
4.600
1.200
729
6,069
18,448
240
6,657
17,928
57,040
14,191
569
13,473
87,981
77,002
164,983
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Core activity, including community volunteering and
support
IT and Equipment funding
Food Povety
We Cycle
Bags2School
Safe and Well
We Connect @ The Snug
POBL
We Grow
Youth Club
The Pantri
Sim Cards
Community Empowerment Fund
Green Grid Fund
Isolation Loneliness
Summer of Fun
Sustainable Food
Transport to Health
Ukrainian Refugees
Warm Bank
Support costs
2,185
2,185
442
3,378
6,210
146
455
84,614
30
6,909
121
7,713
639
4,014
1,094
1,196
15,890
4,320
9,019
260
6.041
23,025
177,701
442
3,378
6,210
146
455
2,036
30
6,909
121
5,693
639
4,014
1,094
1,196
15,890
4,320
9,019
260
6,041
8,385
82,578
2,020
14.640
101,423
76,278
15

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
10. Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Totsl funds
2024
Total fund
2023
Core activity, including community
volunteering and support
IT and Equipment funding
Families First & Cookbook
Food Poverty
We Cycle
Bags2School
Safe and Well
We Connect @ The Snug
POBL
We Grow
Youth Club
The Pantri
Sim Cards
Community Empowerment Fund
Green Grid Fund
Isolation Loneliness
Summer of Fun
Sustainable Food
Transport to Health
Ukrainian Refugees
Warm Bank
2,708
11,588
14,296
18,654
442
11,005
11,005
3,378
8,070
146
455
89,140
30
6.909
121
7.883
639
4,014
1,094
1,196
15,890
4,320
9,019
260
6,041
19
672
2,308
62,027
1,860
1,879
672
2,308
66,507
4,480
4,879
24,656
225
613
4,600
1,200
729
6,069
18,448
240
6,657
4,879
24,656
225
613
4,600
1,200
729
6,069
18,448
240
6,657
147,055
17,928
164,983
177,701
11. Analysis of support costs
We Connect
We Cycle @ The Snug Total 2024 Total 2023
Core activities
Staff costs
Premises
Communications and IT
General office
Finance costs
Governance costs
Insurance
Motor & travel expenses
Subscriptions
Depreciation
170
2,007
2,294
4,430
241
2,194
422
1,422
1,430
8,415
672
800
1,534
63
2,482
145
4,218
1,474
200
672
1,049
1,810
63
2,482
145
4,218
1,833
5,656
249
276
359
3,596
1,860
11.588
1,860
4.480
17,928
23,025
16

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
12. Taxation
The charity is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore it meets the definition of a charitable company for UK corporation tax
purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or
capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act
2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such
income or gains are applied exclusively to charitable purposes.
13. Net income
Nel income is stated after chargingllcrediling}'.
2024
2023
Depreciation of tangible fixed assets
Gains on disposal of tangible fixed assets
5,656
13,9251
8,415
14. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
1,320
1,200
15. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows".
2024
2023
Wages and salaries
Employer contributions lo pension plans
57,104
140
41,171
227
57,244
41,398
The average head count of employees during the year was 912023.. 41-
No employee received employee benefits of more than £60,000 during the year12023". Nill.
16. Trustee remuneration and expenses
No trustees or any persons connected with them have received any remuneration during the year
12023. £nill.
During the year the charity operated from premises owned by a connected person of a trustee.
Total rent paid al arm's length was £8,66712023.' £1,733).
In addition, prior to their appointment as a trustee, one trustee provided marketing setwices to the
charity. Total fees paid to them for this work was £1,50012023.' £nill.
Other than the above, no other expenses were paid lo a Iruslee or any persons connected with
them.
17

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
17. Transfers between funds
A transfer of £998 12023.. £3601 has been made from unreslricled reserves to three restricted
reserve funds which is the charity's own contribution towards these aclivilies. A further transfer
of £8,00012023.' £nill has been made from the restricted fixed asset fund lo unrestricted reserves
following the disposal of an asset where the charity was able to keep the proceeds and use at
their discretion.
Full details are shown in note 22 to the accounts.
18. Tangible fixed assets
Plant and Fixtures and
machinery
fillings
Motor
vehicles Equipment
Total
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
7,548
6,260
16,000
12,000
116,0001
12,000
9,466
39,274
12,000
116,0001
35,274
7,548
6,260
9,466
Depreciation
Al 1 April 2023
Charge for the year
Disposals
At 31 March 2024
1,510
1,510
1,252
1,252
8,000
1,000
18,0001
1,000
1,653
1,894
12,415
5,656
18,0001
10,071
3,020
2,504
3,547
Carrying amount
At 31 March 2024
4,528
6,038
3,756
5,008
11,000
8,000
5,919
25,203
At 31 March 2023
7,813
26,859
19. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
5,059
9,000
2,190
16,249
4.051
9,950
1,088
15,089
20. Creditors.. amounts falling due within one year
2024
2023
Accruals and deferred income
Other creditors
3,068
1.604
49,915
3,068
51,519
18

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
21. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £14012023.. £2271.
22. Analysis of charitable funds
Unrestricted funds
Al
1 April 2023
At 31 March
2024
Income Expenditure
Transfers
General funds
We Connect @ The
Snug
The Pantri
1,972
10,647
119,2601
7,002
361
59,350
14,191
84,188
154,5301
114,1911
187,9811
4,820
1,972
7,002
5,181
Al
1 April 2022
At 31 March
2023
Income Expenditure
Transfers
General funds
We Connect @ The
Snug
The Pantri
10,347
14,436
114,6541
{8,1571
1,972
485
77,847
640
184,7491
12,0201
1101,4231
6,417
1,380
13601
10,832
92,923
1,972
19

Community Volunteers Wales
Notes to the Financial Statements (¢onllt)ue
Year ended 31 March 2024
22. Analysis of charitable funds {contInue
Restricted funds
At
1 April 2023
At 31 March
2024
Income Expenditure
Transfers
Fixed Asset Fund
IT & Equipment
Families First &
Cookbook
Food Poverty
We Cycle
Bags2 School
Safe & Well
We Connect @ The
Snug
POBL
We Grow
Youth Club
The Pantri
Sim Cards
Community
Empowerment Fund
Green Grid Fund
Isolation Loneliness
Summer of Fun
Sustainable Food
Transport to Health
Ukrainian Refugees
Warm Bank
8,000
{8,000}
15,698
111,0051
4,693
10,004
424
2,308
11,8791
16721
12,3081
8,125
248
9,790
3,868
17,5821
6,076
805
4,879
805
14,8791
110,4651
12251
52,076
41,611
225
16131
14,6001
11,2001
11601
16,0691
118,4481
12401
16,6571
177,0021
613
10,000
1,200
5,400
160
2,680
11,469
240
7,782
3,930
6,979
541
11 1251
92,874
58,381
{7,002}
67,251
20

Community Volunteers Wales
Notes to the Financial Statements (conllnue
Year ended 31 March 2024
22. Analysls of charltable funds (contlnued)
Restricted funds (continu8d)
Al
1 April 2022
At 31 March
2023
Income Expenditure
Transfers
Fixed Asset Fund
IT & Equipment
Families First &
Cookbook
Food Poverty
We Cycle
Bags2 School
Safe & Well
We Connect @ The
Snug
POBL
We Grow
Youth Club
The Pantri
Sim Cards
Community
Empowerment Fund
Green Grid Fund
Isolation Loneliness
Summer of Fun
Sustainable Food
Transport to Health
Ukrainian Refugees
Warm Bank
12,000
442
14,0001
14421
8,000
378
16,324
185
2,673
3,000
1,750
385
90
13,3781
18,0701
11461
14551
10,004
424
2,308
11,181
12
214
3,000
14,3911
1301
16,9091
11211
15,8631
16391
9,790
18
7,500
5,000
5,863
639
805
4,879
3,868
1,094
1,000
15,890
7,000
20,488
500
13,823
14,0141
11,0941
11 1961
115,8901
14,3201
19,0191
12601
16,0411
176,2781
146
196
2,680
11,469
240
7,782
43,409
90,890
360
58,381
23. Analysis of net assets between fund$
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
11,600
13,3511
13,0681
5,181
13,603
53,648
25,203
50,297
13,0681
72,432
67,251
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
800
2,894
11,7221
1,972
26,059
82,119
149,7971
58,381
26,859
85,013
151,5191
60,353
21

Community Volunteers Wales
Notes to the Financial Statements (conllnue
Year ended 31 March 2024
24. Operating lease commitments
The total future minimum lease payments under non-cancellable operating leases are as follows..
2024
2023
Not later than 1 year
Later than 1 year and not later than 5 years
18,267
17,600
35,867
18,267
27,200
45,467
22