Company registration number 10922760 (England and Walesl Charlty registratlon numb&r 1191842 (England and Wal9$} NORTH NORTHUMBERLAND VOLUNTARY FORUM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
NORTH NORTHUMBERLAND VOLUNTARY FORUM LEGAL AND ADMINISTRATIVE INFORMATION Directors And Trustees Ms F. Simpson- Chair Mrs J. Casson - Vice Chair Mr J Elliott- Treasurer s T. Sowerby Mr C. Hardy Mrs M. Deans Charity number 1191842 Company numbor 10922760 Independent examiner Colin Frame CA 17 Walkergale eerwi¢k-upon-Tweed Northumberland T015 1DJ Bankèrs Unity Trust Bank pl¢ Nine Brindleyplace 4 Oozells Square 8imiingham 81 2HB Solicitors Adam Douglas Legal LLP Market Place Alnwick Northumberland NE66 1HP
NORTH NORTHUMBERLAND VOLUNTARY FORUM CONTENTS Page Directors And Trustees report Independent examiner's report Stslemenl of financial activf(ies Balance sheet Notes lo the financlal statements 9-21
NORTH NORTHUMBERLAND VOLUNTARY FORUM DIRECTORS AND TRUSTEES REPORT {INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The director5 and trustees present their annual report and financi81 $latemenls ftir the year ended 31 March 2025. The financial statements have been p pared in accordance wlh the accounting policies Sel out in note 1 to the financial statements and comply with the Forum's governing document, the Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charitie5 SORP "A¢counting and Reporting by Chaiilies". Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reptrrting Standard applicable in the UK and Republic of Ireland IFRS 1021" Objectivos and activities North Northumberland Voluntary Forum Ithe Ftsruml charitable company's objects are:_ To prtsmote for the public benefit the efficiency and effectiveness of the voluntary sector in North Northumberland and surrounding areas in particular bul not exclusively by". Promoting, organising and facilitating co-operation and partnership working between third sector, stslulory and other relevant bodies in the achievement of the above purposes within the area of benefit. The direGtors and trustees have paid due regard to guidance issued by the Charity CommissKsn in deciding what activities the Forum should Lsndertake. Achievements and pÈrformanc¢ The year 2024 - 2025 saw an excellent lurnoul for the Awaids Ceremony held in the Rugby Club, Berwick in September kindly supported by Bedmax Ltd. Many thanks were given to Bedmax for their final year DI supporting the Awards. The aim of these Awards is lo recognise oulslan(Jing examples ol inspirational voluntary dedication that makes a ¢rucial difference to people who need il the most in North Northumberland. The Berwick Voluntary Cenlre. Berwick has been actively used by a Tuesday mornin9 Art Grtsup, monthly Veterans Warm Hub and weekly Crafters Afternoon Tea. Other Organisalions using the Centre regularly are the Conservation Area Advisory Group. Various training sessions are also hosted by resident Organisats'ons, which include Northumberland Citizens Advice. Berwick and District Friends of Dementia and CYGNUS. Continuing services Volunleeiing In North Northumberland IVINNI has funding from the Lough Fund and Community Foundation up until June 2025 in order to support the work of a Project Officer. A ftjrther funding app1icalion has been submitted lo the LoLJgh Fund lor future funding ol VINN following on from June 2025, to allow work to continue. C¢mmunity Action Northumberland ¢ontsnue lo give the Voluntary Centre £1,200 funding towards energy costs as the building is a registered Warm Hub Centre Memory Laners, the music-based Service for people living with dementia, is 90ing from strength to strength. Further funding has been received from the Rural Us Project. Our North Northumberland Network meetings held quarterly in Village Halls throughout the NNVF area. are funded by Thriving Together. These meetings are well aitended. There have been some changes in the BoaTd of Directors and Trustees. with the following standing down from the Board - Jane Pannell, George Scott, Barbara Huddart, Wendy Hanson. Alison Petrie and Paul Barrett.
NORTH NORTHUMBERLAND VOLUNTARY FORUM DIRECTORS AND TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Looking forward Voluntary Awards Evening will be going ahead al the Rugby Club In September 2025. We are delighted that Community Foundation North East will be funding the Awards from September 2025 10 2028. Community Transport in North Northumbedand is a project, lunded by the National Lottery which is in second year of a three year funding cycle. A Community Transport Project Officer is in place and being supported by this fund. Rural Us funding received a further three years funding from the National Lottery. and has allowed continued delivery of the weekly Craft Sessions and monthly Veterans. Warm Hub to be held in the Centre. The Rural Lls Project Officer has also been retained and is being supported by this fund. Funding is always a continuing issue for the Forum. Whilst our financial position is sound, there are increasing demands that we would like to be able to support. As an organisation we are always looking to bid for funding for new projects that we wish to support. We always look lo the future in order to show that NNVF is a thriving organisation in the Voluntary and Commurity Sector in North Northumberland. FinanGial review The financial results of the Forum are shown on pages 6 to 21 of the financial slatemenls for the year. The Statement ol Financial Activities records a surplus DI £42,88812024'. £21,973 deficill for the year. The balance of free funds al 31 March 2025 was £10,341 12024.. £4,315). The Unrestricted De8ignated Fund tolalled £7.325 12024" £12.3111 and represeftls funding designated by the d1CtOrS and Iruslees for particular projects. The Restricted Fund tolall¢d £73,164 12024. £34,621) and consists of donations and grants received for specific purposes and related expenditure. Reserves policy The directors and trustees have reviewed the Forum's reserves. The Forum will in due course attempt lo balance its expenditure against income derived from rents and charges. Reserves are only held lo manage cash flow andlor where specific future expenditure has been identified. 11 is the policy of the Forum that unrestricted funds which have not been designated for a spe¢ifi¢ use should be maintained al a level equiv3lenl lo between three and six month's expenditure. The directors and Iruslees consider that reserves at this level wll ensure that, In the event of a SignifinI drop in funding. they will be able lo continue Ihe Forum's current activities while consideration is given lo ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Risk management The directors and trustees have assessed the major risks lo which the Forum is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Public benefit In considering the operation, achievements and performar¥ce and finance5 01 the Forum. the directors and Iruslees are satisfied that public benefit ha5 been provided in accordance with the Charities Act 2071 and guidance provided by the Charity Gommission.
NORTH NORTHUMBERLAND VOLUNTARY FORUM DIRECTORS AND TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure. governance and management The Forum is a company limited by guarantee and is govemed by its Memorandum and Articles ol Asso¢ialion adopteLI on 13 October 2020. The members of the Ftsrum are the current directors and trLtstees. Every member has one vole al general meetings ol the Forum, which may be given either personally or by proxy. The business of the Forum is managed by the directors and trustees, who may exercise all the powers of the Forum. The minimum number of directors and trustees is 0, with no maximum liFHil. The directors and trustees May appDint at any time direGlors and trustees to fill a vacancy or as additional directors and Iruslees. One Ihir¢J r>1 dire¢tors and trustees are due to retire from office al the annual general meeling, but are eligible lor re-election. At the AGM Ms T. Sowerby and Mrs M. Deans will retire, with both eligible lor re*lection. New directors and trustees are given a copy of the Memorandum and Articles of Association, the latest report and accounts, and all the Forum's do¢uments on governance Subject to their experience and expertise. they are also given pamphlets issued by the Charity Commission explaining the duties of Trustees of Chanties and offered training in any area5 of their duties which they think they would like strengthening. Dlrèctors and trustees The directors and trustee5. who are also the directgrs for the purpose of company law, and who served during the year and up to the dale of 51gnalure of the financial statements were.. Mrs J. Pannell Mr G. Scott Ms F. Simpson - Chair Mrs J. Casson - Vice Chair Mr J. Elliott- Treasurei Ms T. Sowerby Mr C. Hardy Mrs B. Huddart Mrs M. Deans Mrs W. Hanson Miss A Petrie Mr P. Barrett (Resigned 17 July 20241 (Resigned 7 August 20251 (Resigned 24 September 20251 (Resigned 16 April 20251 (Resigned 16 April 20251 (Resigned 16 April 20251 None of the directors and trustee5 has any beneficial interest in the Forum. All of the directors and trustees are members ol the Forum and guarantee to contribute £10 in the event of a winding up.
NORTH NORTHUMBERLAND VOLUNTARY FORUM DIRECTORS AND TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Statement of directors and trusteès rosponslbilitl8s The directors and Iruslees, who are also the directors of North Northumberfand Voluntary Forum for the purpose of company law, are responsible for preparing the Directors And Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kin9dom Generally Accepted Accounting Praclicel. Company Law requires the directors and Iruslees to prepare financial statements for each financial year which give a true and fair view of the State of affairs DI the Forum and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial slalemenls, the directors and trustees are requi¥ed lo.. select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial slalemenls., and prepare the financial slalements on the going ¢on¢em basis unless it is inappropriate to presume that the Forum wlll continue in operation. The directors and trustees are responsible for keeping adequate accounting records that disclose with reastsnable accuracy at any lime the financial position of the Forum and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Forum and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. The directors and trustees report was approved by the Board of Directors And Trustee5. Ms F. Simpson - Chair Dlroctor and Trustée 9 December 2025
NORTH NORTHUMBERLAND VOLUNTARY FORUM INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS AND TRUSTEES OF NORTH NORTHUMBERLAND VOLUNTARY FORUM I report lo the directors and Iruslees on my examination of the financial statements of North Northumberland Voluntary Forum Ilhe Forum) for the yèar ended 3 1 March 2025. Rèsponsibilities and basis of report As the directors and trustees ol the Forum (and also its directors for the purposes DI company lawl, you are responsible fc>r the preparation of the financial statements in accordance ¥Arith the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the Forum are not required lo be audited under Part 16 01 the Companies Act 2006 and are eligible for independent examination. I report in respect ol my examination ol the Forum's financial slatements carried out under section 145 of the Charities A¢1 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the Charities Act 2011. Independent examÉner's ststement I have completed my examinatitsn. I confirm that no matlers have come lo my attention in connection wth the examination giving me Cause to believe that in any material respect.. a¢counb'ng records were not kept in respect ol the Forum as required by section 386 of the CompanEs Act 2006. Ihe financial statements do not acGord wlh those records, or the finan¢ial slalements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement thal the financial stalements give a true and fair view. which is nd a matter on5idered as part of an independenl examination., or the financial slalemenls have not been prepared in a¢¢oidance with the methods and principles of the Stalernenl of Recommended Practice for 3cGounling and reporting by charities applicable to charitses preparing their financial slalements in a¢cordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no other concerns and have come acigss no other rEtatters in conneclion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial slalemenls to be reached. C&f- Colin Frame CA 17 Walkergale Berwick-upon-Tweed Northumberland TD15 1DJ 9 December 2025
NORTH NORTHUMBERLAND VOLUNTARY FORUM STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current financial year Unrestricted Unrestricted funds funds goneral de$ignatgd funds 2025 Restricted funds Total Total 2025 2025 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Other trading activities Other income 1,002 25,420 10.000 138,428 149,430 25,420 1.500 353 48,355 21,782 300 698 1,500 353 Total income 26,422 10,000 140,281 176,703 69.135 Expendtture on.. Charitable activities 30,560 9,1S7 97.393 137,120 91,108 Total gxp&ndlturo 30,560 9,187 97.393 137,120 91,108 Net In¢om81{oxponditurel 14,1381 833 42.888 39,583 121,9731 Transfers between funds 10,164 {5,8191 14,3451 Net movement In funds 6,026 (4,9861 38,543 39,583 121,9731 Reconciliation of funds= Fund balances at l April 2024 4,315 12,311 34,621 51,247 73.220 Fund balance5 at 31 March 202S 10,341 7,325 73,164 90,830 51,247 The slalemenl of financial a¢livilies includes all gains and losses recognised in the year. All income and expenditure derive from ¢ontinuing xcb'vities.
NORTH NORTHUMBERLAND VOLUNTARY FORUM STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prlor f4nan¢lal yoar Unrestricted Unrestricted funds funds general designated fund5 2024 Restricted funds Totsl 2024 2024 2024 Notss Income and endowments from- Dtsnalions and legacies Charitable activities Other trading activities Other income 1.676 21,782 10,000 34.679 46,355 21,782 300 698 300 698 Totsl Income 23,458 10,000 35,677 69,135 Expenditure on- Charitable activities 32,793 8,169 50,146 91,108 Total expenditure 32.793 8,189 50.146 91,108 Net incomellexpenditurel and movement In funds 19.3351 1.831 114,469) 121,9731 Reconciliation of funds-. Fund balances al 1 Apiil 2023 13,650 10,480 49,090 73,220 Fund balances at 31 March 2024 4.315 12.311 34,621 51,247
NORTH NORTHUMBERLAND VOLUNTARY FORUM BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notès Fixed assets Tangible assets 7,311 8,141 Current assets Debtors Cash at bank and in hand 14 9,332 79,743 2,040 43,854 89,075 45.894 Crèditors.. amounts falling due wthin one year 15.556) 12,7881 Net current assets 83.519 43.106 Ngt as$•ts 90,830 51,247 Thè funds of thè Forum Resiricled income funds Unreslricled funds - general Unrestricted funds - designated ftjnds 16 73,164 10,341 7,325 34,621 4,315 12,311 90,830 51,247 The charitable company is enb'tled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 Mar¢h 2025. The d1CtorS acknowledge their responsibilrtie5 for complying with the requirement5 of the Companies Act 2006 with respect to accounting re¢ords and the preparation of financial slalemenls. The members have not required the company lo obtain an audit of its financial statements for the year in question in acwrdanGe with section 476. These financial slalements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the dire¢lors and trustees on 9 December 2025 Ms F. Simpson - Chair Director and Trustee Mr J. Ellic>tt- Treasurer Director and Trustee Company registralion number 10922760 (England and Wales)
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charlty Inforniatlon North NDrthumberland Voluntary Forum 15 a chartable Company limited tr>y guarantee incorpoiat&d in England and Wales. The registered office is Berwick Voluntsry Centre, 5 Tweed Street. Berwick-upon-Tweed. Northumberland, TD15 1 NG. 1.1 Basis of preparation The financial statemenls have been prepared in acGordance with the Forum's 9oveming document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic ol Ireland" and the Charities SORP 'Ac¢ounling and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their 8GcoiJnls in accordance with the Financial Reporting Standard applicable in the UK ar)d Republic of Ireland IFRS 1021" The Forum is a Public Benefit Entity as defined by FRS 102. The Forum has taken advantage of the provisions in the SORP for charities not to prepare a slalement of cash flows. The financial $lalemenls are prepared in sterfing, which is the functional Currency ol the Forum. Monetary amounts in these financial statements are rounded lo the nearest £. The financial slalemenls have been prepared under the historical cost convention. The principal accounling policies adopted are sel out below. 1.2 Going concern Al the tiffle of approving the financial statemenls. the directors and trustees have a reasonable expectation that the Forum has adequate resources to continue in operational existence ft)r the foreseeable future. Thus the directors and trustees conts'nue to adopt the going concern basis Qf a¢¢ounlin9 in preparing the financial slatemenls. 1.3 Charitable funds Unreslri¢ted funds are available lor use at the discretion of the directors and trustees in furtherance of their Chaiitsble obieclives. Designale(J ftjnds comprise funds which have been sel aside al the discretion of the directors and trustees for speGific purposes. The purposes and uses of the designated funds are sel out in the notes to the financial slalements. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are sel out in the notes lo the financial statements. 1.4 Income Income is recognised when the Forum is legally entitled to il after any performance conditions have been met, the amounts Can be measured reliably, and it is probable that income will be received. Cash donations are reco9nised on receipt. Other donations are recognised once the Forum has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverablè in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Intangible donations are included al the value of the servi¢es provided. Grants receivable are credited lo the Ststemenl of Financial Activities when the Forum is enlilled lo received them.
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuedl 1.5 Expènditure Expenditure is recognised once Ihere is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount ol the obligation can be measured reliably. Expenditure is classified by acts'vity. The costs of each activity are made up of the total of dir costs and shared costs, including support costs involved in undertaking each activity. Direct costs allributable lo a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion ol the asset's use. All expenditure is accounted for on an accruals basis. Resource5 expended are allocated lo the particular activity where the cost can be directly related to that activity. 1.6 Tangible fixed assets Tangible fixed assets are initially measured al Gosl and subsequently measured at cost tsr valuation, net ol depre¢ialion and any impairment losses. Depreciation is reco9nised so as lo write off the cost or valuation of assets less their residual values over Iheir useful lives on the following bases.. Property improvements Equipment 10% reducing balance 15°A 1200A reducing balance The gain or loss arising on the disposal of an a5sel is determined as the difference between the sale proGeeds and the carrying value of the asset, and is recogni5ed in the slalement of finan¢ial activrties. 1.7 Impairn)ent of fixed agsets At each reporting end dale. the Forum reviews the carrying amounts of Ils tangible assets lo determine whether there is any indication that those assets have suffered an impairment loss. If any such indallOn exists, the recoverable amount DI the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents include ¢ash in hand. deposits held al Call with banks. other short-lerm liquid investments with original malurib.es of three months or less. and bank overdrafts. Bank overdrafts are shown within btsrrowings in ¢vrrenl liabilities. 1.9 Financial instruments The Fomm has elected to apply the provisions of Section 11 '8asic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial inslrurnenls. Financial instruments are recognised in the Forum's balance sheet when the Forum becomes party to the contractual provisions of the inslrument. Financial assets and liabilities are offset. wllh the nel amounts presented in the fnancial statements, when there is a legally enforceable right 10 Sel off the re¢ognised amoLJnls and there is an intention to sellle on a nel basis or to realise the asset and sellle the liability simultaneously. 10-
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Accounting policios (Continued) 8asiG financial assets Basic financial assets, which include debtors and cash and bank balances, ale initially measured at transaction price including transaction costs and are subsequently carried at amortised cost u5in9 the effective interest method unless the arrangement constitutes a financing Iransaclion, where the IrÈnsaction is measured at the present value of the future receipts discounted at a market late of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities. including creditors and bank loans are initially reco9nised al transaction price unless the arrangement ¢onslilules a financin9 transaction, where the debt instrument is measured al the present value of the future payments dis¢ounled at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt Instruments are subsequently carried at amortised cost, using the effective interest rale rnelhod. Trade ¢redilors are obligations to pay for goods or services that have been acquired in the ordinary c¢urse ol opeialions from supplier5. Amounts payable are classified as current liabilities If payment is due within one year or less. 11 not. they are presented as non-current liabilities. Trade creditors are reetsgnised inrtially at transaction pri¢e and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilitiés Financial liabilities are derecognised when the Forum's conlraclual obligations expire or are discharged or cancelled. 1.10 Employèè bènèfits The cost of any unused holiday enlillemenl is recognised in the period in which the employee's services are received. Termination benefits are recognised Immediately as an expense when the Forum is demonstrably commstted to lerminate the employment of an employee or to provide termination benefits. Critical accounting estimates and judgements In the application ol the Forum's accounting policies, the directors and trustees are required to make judgements, estimales and assumptions about the carrying amount of assets and Iiabililies that are not readily apparent from other Sources The estimates and associated assumptions are based on hisl(>rical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumplions are reviewed on an ongoing basis Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects lY that period, or in the period of the revision and future periods where the revision afftscts both current and lulure periods. 11
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NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Unrestricted fund5 202S Unre$tri¢t*d funds 2024 Charltable a¢livities Accommodation lees Project rnanagemenl fees 11,782 13,638 17,782 4,000 25,420 21,782 Income from other trading activities Restricted funds 2025 Restricted funds 2024 Awards night sponsorship 1.500 300 Othgr Income Re$trlcted funds 2025 Restricted funds 2024 Awards night ticket and raffle income 353 698 13-
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on Charitable activities Charitabl8 Gov&rnanc& activitiès costs 2025 2025 Total Charitabl& Govamanco actlvlties costs 2024 2024 Totsl 2025 2024 Direct costs Staff costs Depreciation and impairment Heal and light and water Insurance Repairs and deaning P051age, slalionery and telephone Sundry expenses Property lease Bank charges Subscriptions Project management fees Office rental charges Activity expenses 51,637 51.637 40,247 40,247 830 6.329 1,159 4,519 830 6,329 1.159 4,519 928 6,254 1,202 5,037 928 6.254 1.202 5,037 6,210 4,182 14,000 193 188 13,638 2,363 26.368 6,210 4.182 14,000 193 188 13.638 2.363 26.368 6,279 3,726 14,000 189 170 4,000 1,842 3.801 6,279 3,726 14.000 189 170 4,000 1,842 3,801 131.616 131,616 87,675 87,675 Share of 5UPPOrt and governan¢e costs (see note 81 Governance 5,504 5.504 3,433 3.433 131,616 5.504 137,120 87.675 3.433 91,108 Analysis by fund Unrestricted ftJnds- general Unrestricted funds designated funds Restricted funds 26,547 4.013 30.0 30,118 2,675 32,793 8.670 96,399 497 994 9,167 97,393 7,853 49,704 316 442 8,169 50,146 131,616 5,504 137,120 87,675 3,433 91,108 14-
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support and governace costs Govèrnancè costs 2025 Governance Costs 2024 Accountancy Independent examination Payroll services 2,516 1.000 1.988 2,516 1,OLIO 1,988 1.157 950 1,326 950 1.326 5,504 5,504 3.433 3,433 Analysed between Charitable activities 5,504 5,504 3.433 3.433 Governan costs includes payments to the Independent Examiner of £5,50412024'. £3,433) for accountancy, independent examin81ion and payroll services. Nèt movement in funds 2025 2024 The nel movement in funds is stated after chargingllcrediting>'. Depreciation of owned tangible fixed assets 830 928 10 Directors And Trustees None of the directors and tmstees lor any persons connected with them) received any remuneration or benefits from the Forum during the year12024." None). 11 Employees The average monthly number of employees during the year was". 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries 51,637 40,247 There were no efnployees whose annual remuneration was more than £60,000. 15-
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees (Continued) Remunaration of kay management p&rsonng1 The remuneration of key management personnel was as fo11ows'. 2025 2024 Aggregate compensation 46,819 35,748 12 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 13 Tangiblè fixed assèts Property Improvemants Equlpment Totsl ost At 1 April 2024 9,696 407 10.103 Al 31 March 2025 9,696 407 10,103 Depreciation and impairment Al 1 April 2024 Depreciation charged in the year 1,840 784 122 46 1,962 830 At 31 March 2025 2,624 168 2,792 Carrying amount At 31 March 2025 7,072 239 7,311 Al 31 March 2024 7,856 285 8,141 14 Debtor5 2025 2024 Amounts falling due within one year- Trade debtors Olher debtors Prepayments and a¢crued in¢ome 5,876 63 583 1.394 3,456 9,332 2,040 16-
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Creditors: amounts falling due within one year 2025 2024 Payments received on account Other creditors A¢cruals and deferred Éncome 850 2,059 2,647 260 2,528 5,556 2,788 16 Restricted funds The income funds of the Forum include restricted funds comprising the lollowing unexpended balances ol donations and grants held on trust for specific purposes.. At 1 April 2024 In¢omlng resources Resources Èxpènd¥d Transfers At 31 March 2025 Reslricled Fixed Asset Fund Annual Awards Fund National Lottery Award Fund National Lottery Community Fund." Rural Us Fund Berni¢ia Hardship Fund National Lottery.. COVID-19 Fund Music for Dementia." Memory Laners Fund Northumbrian CAB.. Thriving Together Fund Warm Hub Fund NCC Building Fund National Lottery.. Transport Project Fund Berwick & Borders Carer5 Fund 6.154 18191 11,8531 12,0811 5,535 1,853 3,408 1,327 4,201 2,924 44,400 118.978} 29,623 12.9241 7,914 13.569} 14,3451 2,761 50 11.972} 839 2,773 762 16951 15931 (14,000) 2,078 3,093 2,924 14,000 3,724 79,526 452 (52.8751 11 $81 30,375 294 34,621 140,281 {97.3931 14,3451 73,164 17-
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Restricted fvnd$ Continuedl Previous year: Al 1 April 2023 Incoming resources Resources expended Transfers At 31 March 2024 Restricted Fixed Asset Fund Annual Award5 Fund National Lottery Award Fund National Lottery Community Fund." Rural Us Fund Bernicia Hardship Fund National Lottery. COVID-19 Fund Music for Dementia." Memory Laners Fund Northumbrian CAB.. Thriving Together Fund Wami Hub Fund NCC Building Fund National Lottery.. Transport Project Fund 6,845 1,200 3.408 16911 12,1981 6,154 998 3.408 21.364 2,924 117.1631 4.201 2,924 7,914 7,914 3,491 1.083 11.8131 2,761 1,109 835 2.000 13361 {731 114,0001 2,773 762 14,000 17,596 113,8721 3,724 49.090 35,677 150.1461 34,621 The transfer of £4,345 from the Restricted Fund to Unrestricted General Funds has been carried out in order to realign fund balances al the end of the year, followng some of the FoTum's operational cleaning cos15 being met from Unreslricled General Funds instead ol Reslricled Funds in prior yeaTS. 18
NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Unrestricted funds - designat8d funds These are unrestricted funds whh are material to the Forum's activities. At 1 April 2024 Incoming resources Resources expendgd Transfers At 31 March 2025 ABC GontAward Community Foundation - Lough Fund 5,819 15.8191 6,492 10,000 19.1671 7,325 12.311 10,000 19,1671 15,8191 7,325 Previous year.. At 1 April 2023 Incoming resourGes Rèsources exptrnd&d Transfers At 31 March 2024 ABC GrantAward Community Foundation - Lough Fund 5.819 5,819 4,661 10,000 18,1691 6,492 10.480 10,000 18.1691 12,311 The transfer of £5,819 frtsm the Unrestricted Designated Fund lo Unrestricted General Funds has been carried out because the ABC Grant Award project has come lo an end. Therefore, the d1clOr$ and trustees have ¢hosen lo un-(Sesignate the funds and return them back lo Unrestricted General Funds. 18 Unrestricted funds The unreslricled funds ol the charity comprise the unexpended balan¢es ol donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. At 1 April 2024 Incoming resource5 ResourGes expended Tran$f¢rs At 31 March 2025 General funds 4,315 26,422 130,5601 10,164 10,341 Pravious y•ar: At 1 April 2023 In¢orning resour¢e$ Rèsourcas expended Transfers At 31 March 2024 General funds 13,650 23,458 132,7931 4,315 19-
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NORTH NORTHUMBERLAND VOLUNTARY FORUM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Related party transa¢tioDs There were no disclosable related party transactions during the year12024'. None). 21