2023-03-31-accounts - Voluntary Action - Leeds

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Page:
	Legal and administrative	information
	Report ofthe Trustees
10	Statement ofTrustees'	responsibilities
	Report ofthe independent auditors
14	Consolidated statement	of financial	activities
	(incorporating statutory	income &expenditure		account)
15	Balance sheets
	Cash flow statement
18	Notes to the financial statements

TRUSTEES	LA Evers
	DJ Boutle
	A N Curtis
	Professor T M		Devinney					(resigned 11/05/2023)
	C N Hollins
	P Landey
	A F Morgan (resigned					25/03/2023)
	N Mort
	E Barrow
	C Ineson
	F McAllister	(resigned					10/05/2022)
	R Londo
	J E Tomlin
	LWhitton
	5I Rogers
	E Holmes
	J A Hill (appointed				28/09/2022,				resigned 09/03/2023)
	A M Edwards		(appointed					28/09/2022)
	R E Robinson	(appointed						28/09/2022)
	J Li(appointed		28/09/2022)
	CW Dickinson		(appointed					28/09/2022)
	N Franklin (appointed					22/05/2023)
Senior Management:	H Bailey (Chief		Officer)
	C Sawyer (Strategic				Finance Manager)
	R Warrington	(Social Action Manager)
COMPANY SECRETARY	H Bailey
REGISTERED OFFICE	Stringer House
	34 Lupton Street
	Hunslet
	Leeds
	I5102aW
REGISTERED COMPANY NUMBER	00555150(England				and		Wales)
REGISTERED CHARITY NUMBER	225863
INDEPENDENT AUDITORS	Thomas Coombs			Limited
	Statutory Auditor
	Chartered Accountants
	3365The Pentagon
	Century Way
	Thorpe Park
	Leeds
	West Yorkshire
	LS15BZB

							2023	2022
				Unrestricted	Restncted	Restricted	Total funds	Total funds
				funds	pass through	Other
					funding
			Notes
INCOME AND ENDOWMENTS	FROM
Donations and legacies				675		250	925	2.,243
Charitable activities
Grants and similar income			4	81,700	1,330,319	708,615	2,120,634	966,026
Charitable activities			4	126,781		44,821	171,602	252,535
Provision ofsupport services to charities		and	5	224,255			224,255	200,324
similar organisations
Investment income				20,972			20,972	4,531
Total income and Endowments				454,383	1,330,319	753,686	2,538,388	1,424,659
Expenditure on
Charitable activities				555,225	1,113,149	595,681	2,264,055	1,373,161
Total expenditure				555,225	1,113,149	595,681	2,264,055	1,373,161
Net gains/(losses) on investments				(23,647)			(23,647)	(B,B39)
NET INCOME/ (EXPENDITURE)				(124,489)	217,170	158,005	250,686	42,659
Transfers between funds			19	(13,247)		13,247
Other recognised gains/(losses):
Gains/(losses) on revaluation	of							100,000
fixed assets
Net movement in funds				(137,736)	217,170	171,252	250,686	142,659
RECONCILIATION OF FUNDS
Total funds brought forward				1,185,245		135,259	1,320,504	1,177,845
TOTAL FUNDS CARRIED FORWARD				1,047,509	217,170	306,511	1,571,190	2,320,504

				Group			Charity
			Note	2023	2022	2023	2022
				E	E	E	E
FIXEDASSETS
Tangible assets			12	496p228	505,488	496,228	505,4SB
Investments			13	209,660	208,498	209,662	208,500
				705,888	713,9S6	705,890	713,988
CURRENT ASSETS
Debtors			14	93,077	90,357	104p979	127,033
Cash at bank and	in	hand		1,580,692	1,419,372	899,619	753,700
				1,673,769	1.,509,729	1,004,598	880,733
CREDITORS
Amounts due within		one year	15	(806,787)	(900,576)	(179,094)	(313,058)
NET CURRENT ASSETS				866,982	609,153	825,504	567,675
TOTAL ASSETS LESS		CURRENT LIABILITIES		1,572,870	1,323,139	1,531,394	1,281,663
PENSION LIABILITY			20	(1,680)	(2,635)	(1,680)	(2,635)
NET ASSETS				1,571,190	1,320,504	1,529p714	1,279,028
FUNDS
Unrestricted funds
Free Reserves			19	440,301	548,693	440,303	548,695
Fixed asset reserves			19	496p228	505,488	496,228	505,488
Other designated	funds		19	69,500	89,584	69,500	89,584
Trading company	funds		19	41,480	41,480	2	2
Restricted funds			19	523,681	135,259	523,681	135,259
TOTAL FUNDS			19	1,571,190	1,320,504	1,529,714	1,279,028

							2023	2022
						Note	E	6
Cash flows from operating		activities:
Cash generated from/ (used in) operations							171,971	323,641
Net cash generated	from/	(used in) operating					171,971	323,641
activities
Cash flows from investing		activities:
Purchase oftangible	fixed	assets					(3,438)	(32,312)
Investment additions							(29,553)	(150,553)
Investment disposal	proceeds						4,744
Interest received							17,596	4,531
Net cash (used in)/ generated			from investing				(10,651)	(178,334)
activities
Change in cash and	cash equivalents			in the
reporting period							161,320	145,307
Cash and cash equivalents		at	the beginning		ofthe
reporting period							1,419,372	1,274,065
Cash and cash equivalents		at	the end ofthe
reporting period							E1,580,692	61,419,372

RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	TO NET CASH FLOW FROM OPERATING ACTIVITIES	TO NET CASH FLOW FROM OPERATING ACTIVITIES	TO NET CASH FLOW FROM OPERATING ACTIVITIES
					2023 E	2022 f
Net income/(expenditure)		for the reporting	period	(as per the statement
offinancial activities)					250,686	42,659
Adjustments for:
Depreciation charges					12,698	11,793
(Gain)/loss on investments					23,647	9,175
Interest received					(17,596)	(4,531)
Interest paid					5	117
(Increase)/decrease	in debtors				(2,720)	(SO,SOO)
Increase/(decrease)	in creditors				(93,789)	373,569
Difference between	pension charge and cash		contributions		(960)	(2S,341)
Net cash generated	from/	(used in) operating	activities
					f171,971	f323,641

2	Donations	and	and	legacies
						Unrestricted	Restricted	2023	2022
						Funds	Funds	Total	Total
						f	f	f	E
	Donations					675	250	925	1,243
						E675	f250	E925	E1,243
	Total 2022					E1,243		E1,243
3	Investment		Income
						Unrestricted	Restricted	2023	2022
						Funds	Funds	Total	Total
						f	f	f	E
	Deposit account			interest		13,316		13,316	251
	Listed investment			income		7,656		7,656	4,280
						f20,972		f20,972	E4,531
	Total 2022					E4,531		E4,531
4	Income from		Charitable		Activities
						Unrestricted	Restricted	2023	2022
						Funds	Funds	Total	Total
						f	F.	f	E
	Grants (see	breakdown)				~81700	~2038934	~2120634	966026
	Secretarial fees Training fees					2,364 40,206	350	2,364 40,556	2,11.0 24,192
	Online job advertising						31,500	31,500	33,593
	Consultancy					25,193	12,971	38,164	54,047
	CCG Patient	Engagement							85,500
	Other income					1,105		1,105	350
	Furlough income								7,870
	Stringer House rental income					27,125		27,125	22,497
	Room hire Membership		subscription			19,602 ~11186		19,602 11186	11,643 ~10733
						6 781	448»	1st 6D2	~252535
						E208,481	f2,083,755	f2,292,236	E1,218,561

4	Income from Charitable Activities (continued)	Income from Charitable Activities (continued)
Grants received, included in the above, are as follows:
			Unrestricted	Restricted	2023	2022
			Funds	Funds	Total	Total
	The National Lottery Community Fund —Climate fund			577,372	577,372	418,338
	The National Lottery Community Fund			51,357	51,357	87,060
	—Giving time adult project phase 2
	The National Lottery Community Fund					14,811
	-Safeguarding Training
	WYPCC Community Safety Fund					6,000
	Leeds City Council —Household Support Fund		11,500	508,500	520p000
	Leeds City Council —Warm Spaces Fund		15,460	231p290	246,750
	Leeds City Council —Infrastructure Support	Fund		221,676	221,676	221,674
	Leeds City Council —Community Care Hub			120,909	120,909
	Leeds City Council - Young Lives Leeds			73,100	73,100	73100
	Leeds City Council-Community Champions			59,069	59p069	98,614
	Leeds City Council —Neighbourhood Matching			45,000	45p000
	Leeds City Council-Community Anchors		22,000		22,000	22,675
	Leeds City Council —Anchor Network Evaluation		15,925		15,925
	Leeds City Council —Safeguarding in Faith			15,500	15,500
	Leeds City Council —Volunteering Report		3,500		3,500
	Leeds City Council —Listening Exercise		3,315		3,315
	Leeds City Council —Black history			1,000	1,000	500
	Leeds Community Foundation-Be Collective			1,561	1,561
	NAVCA —EP Grant					1,500
	Forum Central —Be Collective			2,199	2,199	11,500
	WYPCC-Violence Reduction Units Grant			1,101	1,101	2,899
	Leeds Older Peoples Forum-Hey Neighbour					4,980
	National Association ofSafeguarding					2,375
	NAVCA-Cost of Living Fund		10,000		10,000
	Leeds Community Healthcare NHS Trust—
	Community Anchor Pilot			20,000	20,000
	WY LWAB Funding re Community Champions			55,000	55,000
	I-lealth Education England Circles of Life			43,927	43,927
	WYCA —Mayors Office —Crime Reduction	Network		10,373	10,373
			681,700	E2,038,934	E2,120,634	6966,026

A summary of	the	trading	trading	results	ofthe subsidiary	ofthe subsidiary	is shown below:	is shown below:
Profit and loss	account
										2023f	2022
Turnover										224,255	200,324
Intercompany	turnover									2p819	2,840
Administrative	costs									(226,530)	(170,214)
Operating profit											32,950
Gift aid obligation		and donations			to charity					(544)	(32,950j
6 Total Resources			Expended
						Direct		Support	2023	2022
					Costs (note f		7)	Costs (note 7) f	Total f	Total f
Charitable activities						1,937,253		326,802	2,264,055	1,373,161
					61,937,253			f326,802	f2,264,055	E1,373,161
7 Charitable	Activities
Direct costs								Unrestricted	Restricted	2023	2022
								Funds	Funds	Total	Total
								f	f	f	E
Wages								92,624	461,425	554,049	587,379
Social security								48,774		48,774	48,097
Pension								34,111		34,111	37,059
PPS and telephone								1,298	4,403	5,701	4,140
Sundries								4,482	5,938	10,420	6,392
Project deliverab	les							29,827	14,703	44'530	22,210
Partner organisation			pass through		funding
with Voluntary	Action-Leeds			as lead organisation					1,113,149	1,113,149	330,168
Professional fees and			IT					13p036	74,922	87'958	124,812
Travel and subsistence								881	3,601	4,482	2,727
Rent, rates, heat, power, insurance					and recharges			3,390	30,671	34,061	42,345
Repairs									18	18	323
								E228,423	f1,708,830	f1,937,253	E1,205,652
Total 2022								E248,855	f956,797	E1,205,652

Support costs				Unrestricted	Restricted	2023	2022
				Funds f	Funds f	Total f	Toto)f
Wages				5,000		5,000	5,000
Auditors remuneration				6p965		6,965	5,000
Wages				233,062		233,062	120,846
Social security				20,413		20,413	9,848
Pensions				14,276		14,276	7,588
Rent, rates, heat, power,		insurance	and recharges	3,319		3,319	(10,403)
PPS and telephone				4,518		4,518	5,679
Sundries				(1,951)		(1,951)	2,346
Project deliverables				14,852		14,852	21,423
Travel and subsistence				179		179	50
Professional fees and	IT			214		214	(4,606)
Repairs				5,172		5,172	3,493
Pension unwinding interest				50		50	178
Pension assumption amendments				(45)		(45)	(61)
Pension contribution	amendments						(20,532)
Depreciation oftangible		fixed assets		12,698		12,698	11,793
Trading company operations				8,080		8,080	9,867
				F326,802		f326,802	f167,509
Total 2022				f167,509		f167,509
8 Net Income/(Expenditure)
Net income/(expenditure)		is stated	after charging/(crediting):
						2023 f	2022f
Auditors remuneration-charity						6,965	5,000
Auditors remuneration-subsidiary						1,990	2,000
Depreciation —owned	assets					12,698	11,793

10	Staff Costs
		Group	Group	Charity	Charity
		2023	2022	2023	2022
		6	6	E	6
Wages and salaries		792,111	710,385	792,111	710,385
Social	security costs	69,187	57,945	69,187	57,945
Other	pension costs	48,387	44,647	48,387	44,647
		6909,685	6812,977	E909,685	6812,977

The averag	e number of paid employees (including part-ti	me) was:
		Group		Group
		2023		2022
Permanent	staff		33	34
Trustees			18	18
			51	52

			Restricted	Other
		Unrestricted	pass through	restricted	2022
		Funds	funds	funds	Total
			f	E	E
INCOME AND ENDOWMENTS	FROM
Donations and grants		1,243			1,243
Charitable activities
Grants and similar income		24,175	330,168	611,683	966,026
Charitable activities		182,154		70,381	252,535
Trading income		200,324			200,324
Investment income		4,531			4,531
Total Income and Endowments		412,427	330,168	682,064	1,424,659
Expenditure on
Charitable activities		416,364	330,168	626,629	1,373,161
Total expenditure		416,364	330,168	626,629	1,373,161
Net gains/(losses) on investments		(8,839)			(8,839)
NET INCOME/(EXPENDITURE)		(12,776)		55,435	42,659
Transfers between funds		10,564		(10,564)
Other recognised gains/(losses):
Gains/(losses) on revaluation	offixed assets	100,000			100,000
Net movement in funds		97,788		44,871	142,659
RECONCILIATION OF FUNDS
Total funds brought forward		1,087,457		90,388	1,177,845
TOTAL FUNDS CARRIED FORWARD		61,185,245	E-	6135,259	E1,320p504

			Fixtures and
		Freehold	fittings
		Property		Total
		f	f	f
Cost/valuation
As at 1"April	2022	450,000	157,332	607,332
Additions			3,438	3,438
Disposais			(64,277)	(64,277)
As at31"March 2023		450,000	96,493	546,493
Accumulated	depreciation
As at 1n April	2022		101,844	101,844
Charge for the year			12,698	12,698
Eliminated on	disposal		(64,277)	(64,277)
As at31"March 2023			50,265	50,265
Net book value
At 31n March	2023	E450,000	F46,228	E496,228
At31"March	2022	E450,000	E55,488	E505,488

			2023	2022
			f	E
Freehold	land and buidlings
Historic	cost		464,651	464,651
Impairment		provision	(14,651)	(14,651)
Valuation			450,000	450,000

Fixed Asset Investments	Fixed Asset Investments
			Group	Charity
			E	E
Quoted investments
Market value	at 1"April 2022		208,498	208,498
Additions			29,553	29,553
Disposals			(5,307)	(5,307)
Net unrealised	gains		(23,084)	(23,084)
			209,660	209,660
Subsidiary undertaking:		cost
VAL Trading Limited
Market value at	31"March 2023		F209,660	6209,662

19 Movements in	19 Movements in	Funds	Funds
					At 1"	Incoming	Resources	Other	Other	At 31n March
					Apl'll	Resources	Expended	Transfers	Gains &Losses	2023
					2022
Unrestricted funds
General fund					568,777	454,383	(555,225)	(3,987)	(23,647)	440,301
Redundancy &legalcosts					50,000					50,000
Buildmg refurbishment improvements		and		n	19,500					19,500
Fixed asset reserve					505,488			(9,260)		496,228
Non charitable trading	funds				417IBO					41BIBB
					1,185,245	454,383	(555,225)	(13,247)	(23,647)	1,047,509
Restricted Funds
Supporting the sector
Third Sector Leeds						53,318	(36,937)	(16,381)
young Lives Leeds					14,090	75,125	(80,176)			9,039
WypCC Community Safety Fund					2,881	11,474	(14,509)	154
CCG Asset Based Engagement Leeds Culturally Diverse Hub					13,260	34,452	(3,750) (42,078)	7,626		9,510
Safer Communities Talent Match					5,946	15,500				15,500 5,946
Climate Fund Action					11,055	107,752	(97,360)			21.447
Chmate Fund Action (pass through)						469,620	(469,620)
Supporting Organisations
Volunteering						63,577	(88,059)	24,482
Small Groups						30,808	(28,297)	(2,511)
Communications						83,567	(83,444)	(123)
Funding Support					1,346					1,346
City Ambassadors					441					441
Leeds City College: Social		Action		and	702					702
Digital Badges
The National Lottery	Commumty				69,817	51,357	(49,798)			71.376
Fund Givmg Time Adult	Phase		2
BeCollective					10,122	3,760	(7,070)			6.812
LCC:Greenhouse-Wythers					1,822					1,822
LCC: Community Champions HEE Circles of Life					3,777	114,069 43,927	(55,154) (9,049)			62,692 344I78
LCC Neighbourhood Matching						45,000				45,000
LCC Community Care		Hub	(pass			120,909				120,909
through)
LCC Household Support	(pass					508,500	(485,200)			23,300
through)
LCC Warm Spaces (pass	through)					231,290	(158,329)			72,961
Leeds Community Healthcare				NHS		20,000				20,000
Trust Pilot
					135.259	2,084,005	(1,708,830)	13,247		523,681
Total					E1,320,504	E2,538,388	E(2,264,055)	E	E(23,647)	61,571,190

					31stMarch	2023	31st March	2022	31st March	2021
					(Ls)		(gs)		(gs)
Present value of provision						1,680		2,635		30,859
RECONCILIATION OF OPENING			AND	CLOSING	PROVISIONS
							Period Ending		Period Ending
							31st March 2023		31stMarch	2022
							(gs)		(gs)
Provision at start ofperiod								2,635		30,859
Unwinding ofthe	discount factor	(interest		expense)				50		178
Deficit contribution	paid							(960)		(7,809)
Remeasurements	-impact of any	change		in assumptions				(45)		(61)
Remeasurements	- amendments	to	the contribution		schedule				(20,532)
Provision at end of period								1,680		2,635

				Period Ending	Period Ending	Period Ending
				31st March 2023	31stMarch	2022
				(gs)	(gs)
interest expense				50		178
Remeasurements	—impact ofany change in	assumptions		(45)		(61)
Remeasurements	—amendments to the contribution		schedule			(20,532)
Contributions paid in respect offuture service
Costs recognised	in income and expenditure	account

		31st March 2023	31stMarch 2022	31st March 2021
		%per annum	%per annum	%per annum
Rate	ofdiscount	5.52	2.35	0.66