International Voluntary Service
(A Charity and Company Limited by Guarantee) Report and Financial Statements For the Year Ended 31[st] December 2024
Company Number: 01354951 Charity Registered in England & Wales: 275424 Charity Registered in Scotland: SC039585
International Voluntary Service
Contents
Reference and Administrative Information ............................................................................................ 3 Structure, Governance and Management .............................................................................................. 4 Objectives and Activities ......................................................................................................................... 4 Financial review .................................................................................................................................... 10 Independent Examiner’s Report ........................................................................................................... 12 Statement of Financial Activities .......................................................................................................... 13 Balance Sheet ........................................................................................................................................ 14 Notes to the Accounts .......................................................................................................................... 15
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International Voluntary Service
Reference and Administrative Information
| Company Registration: | 0135495 | Company Limited by Guarantee |
|---|---|---|
| Charity Registrations: | 275424 | Registered in England and Wales |
| SC039585 | Registered in Scotland | |
| Registered office: | International House | |
| 12 Constance Street | ||
| London E16 2DQ | ||
| Principle office address: | Thorn House, | |
| 5 Rose Street, | ||
| EDINBURGH EH2 2PR | ||
| Directors: | ||
| Current directors and those | who served during the year | |
| Neil Alldred | Elected 19 June 2021 | Retired 15 June 2024 |
| Kerry Hargadon | Appointed 17 June 2023 | |
| Rosemary Hobday | Elected 20 June 2020 | |
| Tim Marc | Elected February 2008 | |
| Mohammad Rashid | Elected 19 June 2021 | |
| Gemma Taylor | Appointed 15 June 2024 | Resigned 1 September 2025 |
| Nigel Watt | Elected 15 June 2024 | |
| Richard Williams | Elected 20 June 2020 | |
| Paul Winter | Elected 15 June 2024 | |
| Gheorghe Zugravu | Elected 17 June 2023 |
Independent Examiner: Margaret Birse, MSc Cert.Acc(Open) CCFA CIPFA (affil) FCIE Tangram Accounting, 23 Clark Avenue, Linlithgow, EH49 7AP
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International Voluntary Service
The Trustees, who for the purposes of Company Law are the charity’s directors, present their report and the financial statements of the charity for the year ended 31 December 2024.
Structure, Governance and Management
International Voluntary Service (IVS) is a charity registered with the Charity Commission of England and Wales and with the Office of the Scottish Charity Regulator (OSCR) and a Company Limited by Guarantee in England. It was incorporated in 1978 with a Memorandum and Articles of Association as its governing document. IVS is the British Branch of the international volunteer network Service Civil International.
IVS is a membership organisation with individuals joining to take part in voluntary activities. At the Annual General Meeting each year, members elect individuals from amongst themselves to act as the Coordinating Council of the organisation, commonly referred to here as the Board of Directors. Others may be co-opted to the Board to fill vacancies between AGMs. The Board meets four times a year and is made up of the Chair; the Vice Chair; Treasurer; and an average of six other members in 2024. All trustees are given a copy of their roles and responsibilities which includes an overview of their legal obligations together with a copy of IVS’s Articles of Association.
The day-to-day running of the organisation is in the hands of staff and volunteers responsible to the Board of Directors. At the Annual General Meeting of IVS members in June 2020 it was agreed that IVS should maintain a minimally staffed organisation and continue at a greatly reduced level of core IVS operations from 1[st] January 2021. This strategy is still being pursued. The Acting Chair, Treasurer, Minutes Secretary and one other Board member form an executive, Operations Committee, which meets in between meetings of the Board of Trustees and assists staff in the day to day running of the organisation. Also reporting to the Board of Trustees is one groups of members: a Fundraising Group
Objectives and Activities
Principal Activity
The principal objects of the charity are to promote life-change in individuals and groups by enabling, organising and training people of all ages and backgrounds to carry out voluntary work with the aim of promoting peace, justice and understanding between people and nations.
Objectives
The Charity’s objectives are:
-
To afford opportunities by which men and women, in a spirit or friendship, international understanding and voluntary discipline, may, without regard to their race, religion, creed or politics, be encouraged and enabled to give to the community, either individually, or in groups, effective voluntary service in co-operation with local communities as well as other local national and international organisations, as a means of fostering greater confidence between peoples of different social, cultural, political or religious backgrounds by working, learning and living together with the following objects (and not otherwise); and for that purpose to provide a sound system of training for those wishing to give such service
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To assist those in need of help in the occasion of natural catastrophes.
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a) To relieve distress, poverty, sickness and disease;
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b) To provide and improve facilities for the well-being and recreation of the elderly or people with disabilities and of refugees;
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c) To provide and improve educational and recreational facilities for needy children and young people
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International Voluntary Service
The strategy for achieving these objectives is through short and long term voluntary projects in conjunction with partner organisations in various locations throughout Great Britain and overseas. Volunteers from across Great Britain meet, live and work with volunteers from our partners in over 80 countries in Europe and on other continents. Together, they carry out a wide range of meaningful activities in Britain and elsewhere in the world. In addition, the charity is also established to assist those effected by natural catastrophes, relieve poverty, provide facilities for the well being of the elderly, disabled and for refugees and to provide educational facilities for children and young people.
The Board have considered the Charity Commission guidance and believes that the organisation’s activities are wholly undertaken to further the charitable purposes for the public benefit.
Annual Report: Activities and Achievements
IVS has been promoting the values of peace, justice and international understanding for over 90 years. As a part of Service Civil International, our volunteers travel across the world to cooperate with like-minded organisations to champion these values. Similarly, we welcome international volunteers to the UK.
Projects Volunteers and Our Partners in 2024
There were two short term IVS projects/workcamps hosts in the UK this year
Mount Camphill in Wadhurst, Sussex: Camp Kernow near Truro in Cornwall (activities on this project spread over several months, so volunteering opportunities were split into units of three weeks, with an option to combine two units),
Here is a report on IVS Workcamps at Camp Kernow in Cornwall :
Camp Kernow’s summer 2024 season welcomed fourteen volunteers from across the world including Mexico, Portugal, Italy, Spain, Germany and France. The energy, enthusiasm and commitment they brought to enriching children’s summer camp experience was immeasurable, and we are so grateful to IVS and its international partner organisations for facilitating these opportunities for cross cultural exchange. As always, camp’s kitchen was a hive of activity with volunteers sharing their country’s cuisine with the children. We were treated to the most incredible Tiramisu we’ve ever tasted, Tacos and Enchiladas
using fresh produce from the garden and French Crêpes for breakfast!
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International Voluntary Service
Weekends and free days were spent exploring Cornwall and beyond with opportunities to try surfing, go hiking and take a dip in the Atlantic Ocean! Thank you to everyone who helped make this
summer such a success and roll on 2025.
A report from the IVS international workcamp at The Mount Camphill Co-housing Community in East Sussex: We enjoyed another IVS Camp cohort in August. This year’s project focused on painting outdoor spaces and a little bit of indoor painting and land work. As always, we were blown away by the instant connections that our
international group made with us. They tuned into our life and community building and brought new experiences to us all. We made time to show them the local area and shared a cultural evening together. Our thanks to IVS, their work will live on and our work taken out into the world.....Japan, Mexico, Spain, Portugal and Greece.
Long term projects
IVS sent 2 long term volunteers to a project in Cambodia. IVS provided 16 Certificates of Sponsorship for volunteers coming to IVS (largely longer term) projects in Britain. A number of other volunteers from the SCI network obtained Certificates of Sponsorship directly through the IVS project host. Our partnership on long term projects with Camphill communities in Britain and with Cyrenians continues. In all there were 16 LTV volunteers in 7 different projects (Camphill School Aberdeen, Cyrenians City Farm Edinburgh, Cyrenians Smallholdings West Lothian, Social Bite Edinburgh, Corbenic Camphill Community near Dunkeld, Perthshire, Thornage Hall in Norfolk and Camphill Loch Arthur in Dumfries). IVS provided visa support for all these incoming medium/long term volunteers, as well as for two incoming prospective long term volunteers to VAP related projects.
The Climate Coalition
IVS is a member of the climate coalition which represents over 100 organisations across the UK. Great Big Green week took place in June and is the UK’s biggest celebration of community action to tackle climate change and protect nature. The fourth Great Big Green Week had more BBC radio coverage than ever before with the theme of “Let’s swap together for good”, swapping skills,
knowledge and ideas and demonstrating to politicians ahead of the election how much people care about climate and nature. IVS members were able to locate events locally and join them. 29th UN Climate Change Conference - The board members of AYAFE Youth organisation attended COP29 as observers and their report can be viewed on the SCI website.
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International Voluntary Service
London and Southern regional group
This IVS group meets usually after a board meeting to update members on zoom or in person and to meet socially. In September members of the group had a few days at Old Hall and joined with the “Onion group”. This is a group of IVS members who met each year with Steve Davies (previously IVS staff) to enjoy each other’s company, the community of Old Hall and help with the annual stringing of the onions.
The harvest and storing of the onions took place and the group helped with the mangold harvest.
In the evening there was entertainment with a bagpipe band and an enjoyable singalong. IVS members were invited and hosted in 2024 by Miriam Burns, many thanks to Miriam and Old Hall for their hospitality.
The Memories Project
In the run up to International Volunteering Day on 5th December and a year after we launched the IVS Memories booklet in 2023, we organised a webinar for a chance to hear from IVS volunteers who contributed written reflections for the '90 years and counting' publication. This took place on Sunday 1[st] December and was hosted by Rosemary Hobday, Helen Watts and Paul Barrow (on technical)
We had readings from 6 contributors, list them here, with some questions and dialogue with our hosts using Chat. More information here and thanks to contributors
"IVS : 90 years and counting Volunteers' Reflections" is a selection of Memories, seventeen in total, from our Memories Project. Having so far collected over fifty stories the booklet focuses on the period after the previous IVS for Peace publication: post 1949 to present day. The 17 memories are a range of experiences - short, long, local, international volunteering examples and those that included a reflective element. We hope we have achieved this and the readers both enjoy and become inspired to support IVS going forward, whether as a volunteer, donor or member. Copies of the booklet can be ordered for £6 including p&p (£8 if to be mailed abroad) https://ivsgb.org/shop/ or by sending a cheque to the IVS Office, Thorn House, 5 Rose Street, Edinburgh EH2 2PR
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International Voluntary Service
Thank you everyone who has contributed your memories and shared reflections on your experience with IVS and SCI. We began collecting memories in 2021 our 90[th] anniversary year. We have a small team, Helen, Rosemary and Raj working on a plan to make sure that these memories are made accessible to as wide an audience as possible. A small selection of memories are online at - https://ivsgb.org/volunteer/ivs memories/ We now need to work on how to preserve the additional memories contributed, a film is being considered and how to continue to publicise and attract more volunteers to share in this history and make new memories.
The book is dedicated to the countless volunteers, staff, peace activists and other stakeholders who have contributed to the actions of IVS for the past ninety years and counting.
We wish to thank Mark Allen publisher and his team who generously funded and produced this publication for IVS. Mark was a volunteer for IVS on an SCI Italy workcamp at Locri on the Ionian coast of Calabria, Italy, building a bridge across a valley.
SCI meetings
The 87[th] ICM to agree the accounts took place in June 2024, Mohammed Rashid attended as the IVS delegate.
SCI's Exchange Platform Meeting (EPM) 2024
In October, SCI branches, partners, and contacts had the opportunity to meet in person in Vienna for the annual Exchange Platform Meeting. IVS was represented by our Programme Manager Nuno Doria.
This year’s meeting was graciously hosted by SCI Austria who did a terrific job even if with a very small team of activists. The theme this year was “Youth, Volunteering, and Resilience: Fostering Peace through Community Engagement,” with most sessions focusing on these topics. 36 participants from 22 countries spent a week together, exchanging ideas, discussing, preparing proposals, and voting. There was also time to explore the city, celebrate birthdays, and enjoy a wide variety of potato dishes at the canteen!
The week officially opened on Tuesday with sessions on youth participation, during which we explored how to better engage younger generations by understanding their needs, challenges, and motivations, as well as a session on the impact assessment results and recommendations. That day, we had the opportunity to split into groups, go outside, and discuss how we confront challenges in our organizations.
On the second day, we addressed various topics, including better practices for international volunteering exchanges and ways to improve collaboration for our projects. We also had an inspiring session by the Climate team on the connection between Peace and Climate.
On day three, we engaged in a critical discussion on the decolonization of international volunteering and had the privilege of meeting Corinna from WeltWegWeiser to discuss quality standards for sending and hosting organizations.
Day four was particularly active; we began the day by discussing all aspects of SCI’s working groups, including their past, present, and future.
IVS was represented by our Board member Kerry Hargadon at the Africa Working Group meeting and Nuno chaired the Abya Yala Working Group meeting which has now officially submitted a request for recognition as an official working group of SCI in the coming ICM in Malaysia.
We also received presentations on the pool of expertise initiative, the FLOW project, the Climate team and Climate manifesto, and we had the opportunity to prepare proposals for changes in our movement.
The final day started with an insightful workshop facilitated by SCI Switzerland on Peace Activism and Pacifism, followed by discussions and a vote on participants’ proposals that will bring about change in our movement!
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International Voluntary Service
It was wonderful to see such a diverse group of people coming together for this exchange. Familiar faces mingled with many newcomers to EPM, all excited to share their experiences.
Delegates at the SCI Exchange Platform Meeting in Vienna, Austria, November 2024
SCI’s International Committee Meeting December 2024
The 88th International Committee Meeting (ICM) of SCI was graciously hosted by SCI Malaysia in Penang, Malaysia, from 5 to 8 December 2024. We thank Mohammed Rashid for travelling to Malaysia and attending the meeting as the IVS delegate It was a chance for SCI people to connect, discuss and take important decisions on the future of the organisation. It was also the first ICM held in Asia after COVID, giving a chance to more Asian branches to (re)connect with the movement. The meeting was preceded by an opening ceremony, where we had the pleasure to have a taste of the diverse Malaysian culture thanks to three different dance performances representing the three major ethnic groups in the country: Chinese, Indian and Malay. They were followed by inspiring and encouraging speeches by distinguished participants and guests, including Mr. YB Wong Hon Wai, Exco Tourism and Creative Economy of Penang, Mr. YBhg Dato’ Athimulam Arjunan, President of SCI Penang, Ms. Alexandra Vasileiou, outgoing International President of SCI, Mr. YBhg Prof. Dato’ Seri Anwar Fazal JP, Chairman of Penang Gandhi Peace Centre, among others. They emphasised the role of peace in development and harmony among people, as well as the three dimensions of peace: peace within oneself, peace with others and peace with Mother Earth, and the need now more than even to work towards positive peace.
Then our work began with different discussions and reflections on the past of SCI, taking a look at the work done this year by different groups, the progress in implementing our new Strategic Plan for 2024-2027, and our finances. Then it was time to look at the future, with the Plan of Action for 2025 and different resolutions to inform our work for the coming years. Plans have been set in motion to simplify our internal financial systems of solidarity, to support each other by sharing knowledge and resources more
efficiently, and to work on having a stronger voice in all situations of war where people are suffering immensely.
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International Voluntary Service
Some discussions took the form of evening workshops, to dive deeper into the impact of our activities, to look at what peace activism is for SCI, to consider the role of media in forming the public’s opinion on wars, and to reflect on our role in antimilitarist activism.
New working groups were accepted in SCI, namely Abya Yala, the regional working group for the Americas, the Climate team, and the No more war collective.
ICM was also a chance for delegates to vote on the new International Executive Committee (IEC) members: Antonella di Matteo as our new International president, and Femi Aganran and Antonios Sifakis, who were both confirmed for their second term as members. Bert Verstappen was nominated acting Vice-President, and Sarah Köksal was co-opted as a new member. We extend a warm welcome to the new board members and we are excited to see where this new, younger team will lead us! At the same time, we want to wholeheartedly thank the outgoing President Alexandra Vasileiou and the outgoing Vice-President Silvio Martinelli.
Finally, we also held the annual Pierre Cérésole Awards ceremony, which is a platform to showcase exceptional projects.
All this work did not mean there was no room for partying. SCI Malaysia organised a fantastic social night for us, live music, dancing, games, and amazing food of course! And after the meeting, they organised a day-trip to Taiping and a mini-workcamp in Penang hills, to connect with the local community and project partners.
All in all, it was a productive few days with lots of fun in between. We are grateful to all the delegates for showing up and committing to the ICM’s democratic decision-making process, as well as to SCI Malaysia to making it possible for all of us to meet!
Fundraising Group
IVS’s Fundraising Group met five times during 2024. Seeking contributions for and compiling the joint IVS-VAP Newsletter is one of its major activities. A number of grant making Trusts are being explored for potential donations. The Group is exploring representation at university careers/volunteer fairs, as this would encourage recruitment of volunteers, but each university approached seems to have its own rules for eligibility. IVS is mainly supported by a combination of grants, legacies, donations, and membership that includes subscriptions, registration fees and donations. Thanks to all our donors, volunteers and our programme manager who have sustained IVS throughout 2024 and beyond.
Merger of International Voluntary Service and Volunteer Action for Peace
Following a number of years of collaboration, at the 2024 AGMs of both IVS and VAP it was agreed that the two charities would merge and this would be put into effect by Volunteer Action for Peace becoming a department of International Voluntary Service (GB) . For volunteers, the merged organisation will provide two areas of opportunities 1) through IVS’s links with the Service Civil International (SCI) network and 2) through VAP’s links with a) the Alliance of European Voluntary Service Organisations and b) VAP’s direct links with partner organisations in the Co-ordinating Committee of International Voluntary Service (CCIVS).
Financial review
2024 opened following a year in which we had had a surplus due to the receipt of a legacy. Income during 2024 was £134,681 (2023: £ 232,917), expenditure was £35,648 (2023: £19,516) resulting in a surplus of £97,838 (2023: £ 213,664).
Provision had been made in previous years for EU provided Erasmus+ and other restricted expenditure, so funds held as at 31 December 2024 amount to £333,798 (2023: £235,885). The bulk of the surplus is due to receipt of a legacy during the later part of the 2023 and 2024.
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International Voluntary Service
IVS is mainly supported by a combination of grants, trusts, donations, and membership that includes subscriptions, registration fees and donations. Thanks are due to all funders who supported IVS in 2024.
Reserves policy
In 2016 the Board of IVS reviewed its reserves policy for unrestricted funds, not committed or invested in tangible fixed assets (the 'free reserves'). Through regular monitoring and comparison of cash-flow with projections it was felt that £30,000 remains sufficient. At present rates of International Voluntary Service expenditure this is equivalent to six - twelve months of the annual resources expended. At this level the Board felt that the charity would be able to meet its commitment to the running of voluntary projects as well as its obligations to its employees even in the event of a significant drop in funding. Current reserves are £69,803 which is higher than the planned level of reserves. However, as the charity is still recovering from the impacts of Covid and Brexit, it is felt that this level of reserves is appropriate at present.
During 2023 and 2024 IVS received a significant legacy from the estate of a Mrs Hazel Walker. The Board used this legacy to purchase a flat in Edinburgh with the rental income then underwriting some of the staffing costs of IVS. In 2024 the Board decided to set aside £10,000 from the legacy as a contingency fund for any unexpected major expenses associated with the flat.
Risks review
The major risks to which IVS is exposed are set out in its risk register. The impact and likelihood of these have been documented together with action plans to address or mitigate each identified risk. In the second half of 2016, IVS staff undertook a comprehensive analysis and review of all risks facing IVS which was considered at the October Board.
The Board is responsible for reviewing the risk document in its entirety annually. Risks are
categorised as strategic, operational, financial and regulatory. IVS staff have also worked hard to document all working practices where risk has been assessed as high, especially those concerning policy and procedures around volunteers and young people.
Small Companies Provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime.
Approved by the Board and Signed on behalf of the Board:
Rosemary Hobday
____________ Date: 11[th] September 2025 Rosemary Hobday Director/Trustee
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Independent Examiner’s Report
To the Trustees of International Voluntary Service
I report on the Annual Report and Accounts for the year ended 31[st] December 2024
Responsibilities and Basis of Report
As the trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (‘the 2005 Act’), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the Company are not required by charity or company law to be audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company’s accounts carried out under section 44 (1) ( c) of the 2005 Act and section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
Examiner’s Statement
Since the Company is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I can confirm that I am qualified to undertake the examination because I am a registered full member of ACIE which is one of the listed bodies.
Examiner’s Statement
I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept as required by section 386 of the 2006 Act and Regulation 4 of the 2006 Accounts Regulations; or
2. the accounts do not accord with those records with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Margaret Birse
Name: Margaret Birse
Relevant professional qualification(s) or membership of professional bodies (if any): CCFA CIPFA (Affil) FCIE
Address: 23 Clark Avenue, Linlithgow, EH49 7AP Date: 12[th] September 2025
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International Voluntary Service
Financial Statements
Statement of Financial Activities
(Incorporating Income and Expenditure Account)
For the Year Ended 31 December 2024
| 2024 | 2024 | 2024 | 2024 | 2023 | 2023 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated FA | Restricted | Total | Unrestricted | Restricted | Total | ||||||||
| Note | £ | £ | £ | £ | £ | £ | £ | |||||||
| Income and Endowments from: | 6 | |||||||||||||
| Donations andLegacies | 118,973 | - | 400 | 119,373 | 222,710 | 1,610 | 224,320 | |||||||
| CharitableActivities | ||||||||||||||
| Erasmus+(TheAwakening) | - | - | - | - | ||||||||||
| Erasmus+otherprogrammes | - | - | - | 398 | 398 | |||||||||
| Other volunteerplacement | 9,980 | - | - | 9,980 | 7,162 | 7,162 | ||||||||
| Other Trading | 135 | - | - | 135 | 52 | 52 | ||||||||
| Investments | 5,193 | - | - | 5,193 | 985 | 985 | ||||||||
| Total Income | 134,281 | - | 400 | 134,681 | 231,307 | 1,610 | 232,917 | |||||||
| Expenditure | 7 | |||||||||||||
| RaisingFunds | 662 | 108 | 770 | 696 | - | 696 | ||||||||
| InvestmentManagement Costs | 12,479 | - | 12,479 | |||||||||||
| CharitableActivities | - | |||||||||||||
| Erasmus+(TheAwakening) | - | - | - | - | - | |||||||||
| Erasmus+otherprogrammes | - | - | - | - | - | - | ||||||||
| Other volunteerplacement | 21,905 | 494 | - | 22,399 | 18,820 | - | 18,820 | |||||||
| Total Expenditure | 35,046 | 494 | 108 | 35,648 | 19,516 | - | 19,516 | |||||||
| Gains/(Losses) on Investment Assets | (1,195) | - | - | (1,195) | 234 | 234 | ||||||||
| Net Income/(Expenditure) | 98,040 | (494) | 292 | 97,838 | 212,025 | 1,610 | 213,635 | |||||||
| Transfers between funds | (260,879) | 260,879 | - | - | ||||||||||
| Other recognised gains/losses | ||||||||||||||
| Gains/(Losses) in Currency transactions |
(130) | - | 205 | 75 | (52) | 81 | 29 | |||||||
| NetMovement of Funds | (162,969) | 260,385 | 497 | 97,913 | 211,973 | 1,691 | 213,664 | |||||||
| Reconciliation of Funds | 18 | |||||||||||||
| Total FundsBroughtForward | 232,772 | - | 3,113 | 235,885 | 20,799 | 1,422 | 22,221 | |||||||
| Total Funds Carried Forward | 69,803 | 260,385 | 3,610 | 333,798 | 232,772 | 3,113 | 235,885 |
The notes on pages 15 to 24 form part of these financial statements
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Financial Statements
Balance Sheet
As at 31 December 2024
| alance Sheet s at 31 December 2024 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | ||||||||
| Designated | |||||||||
| Unrestricted | Fixed Asset | Restricted | Unrestricted | Restricted | |||||
| Funds | Funds | Funds | Total Funds | Funds | Funds | Total Funds | |||
| £ | £ | £ | £ | £ | £ | £ | |||
| Fixed Assets | |||||||||
| Tangible Fixed Assets | 9 | - | 260,385 | - | 260,385 | ||||
| Investments | 10 | 384 | - | - | 384 | 1,579 | - | 1,579 | |
| Total Fixed Assets | 384 | 260,385 | - | 260,769 | 1,579 | - | 1,579 | ||
| Current Assets | |||||||||
| Debtors | 11 | 3,506 | - | - | 3,506 | 2,759 | - | 2,759 | |
| Cash at Bank & in Hand | 93,013 | - | 8,599 | 101,612 | 235,534 | 8,102 | 243,636 | ||
| Total Current Assets | 96,519 | - | 8,599 | 105,118 | 238,293 | 8,102 | 246,395 | ||
| Liabilities | |||||||||
| Creditors: Amounts falling due in 1 year | 12 | ||||||||
| Accruals | 1,100 | - | - | 1,100 | 1,100 | 1,100 | |||
| Deferred Income | - | - | 645 | 645 | 645 | 645 | |||
| other creditors | 20,000 | - | 4,344 | 24,344 | 4,344 | 4,344 | |||
| Total Short Term liabilities | 21,100 | - | 4,989 | 26,089 | 1,100 | 4,989 | 6,089 | ||
| Net Current Assets | 75,419 | - | 3,610 | 79,029 | 237,193 | 3,113 | 240,306 | ||
| Total Assets less Current Laibilities | 75,803 | 260,385 | 3,610 | 339,798 | 238,772 | 3,113 | 241,885 | ||
| Creditors: | |||||||||
| amounts falling due after more than 1 | |||||||||
| year | 6,000 | - | - | 6,000 | 6,000 | 6,000 | |||
| Provision for liabilities | |||||||||
| Total Net Assets /(Liabilities) | 69,803 | 260,385 | 3,610 | 333,798 | 232,772 | 3,113 | 235,885 |
For the year ending 31[st] December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the Board on 11[th] September 2025 signed on their behalf by
Richard Williams Richard Williams (Trustee/Director)
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Financial Statements
Notes to the Accounts
1. General Information
International Voluntary Service (IVS) is a charity registered with the Charity Commission of England and Wales (Charity Number: 275424) and with the Office of the Scottish Charity Regulator (OSCR) (Charity Number: SC039585) and a Company Limited by Guarantee registered in England (Company Registered Number: 01354951).
The Company’s Registered Office is: International House, 12 Constance Street, London, E16 2DQ
It was incorporated in 1978 with a Memorandum and Articles of Association as its governing document. IVS is the British Branch of the international volunteer network Service Civil International.
2. Basis of Preparation
Basis of Accounting and Assessment of Going Concern
The financial statements have been prepared in under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the accounts. They have been prepared in accordance with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities and Accounts (Scotland) regulations 2006 (as amended), the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) and the requirements of the SORP ‘Accounting and Reporting by Charities: Statement of Recommended Practice for charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) 2[nd] Edition, released October 2019, effective 1 January 2019
The charity constitutes a public benefit entity as defined by FRS102
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
3. Accounting Policies
- a. Income Recognition of Income
Income is recognised in the Statement of Financial Activities (SoFA) when:
-
The charity becomes entitled to the resources;
-
It is more likely than not that the trustees will receive the resources; and
-
The monetary value can be measured with sufficient reliability.
Offsetting
Grants and Donations Legacies
- There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
Grants and donations are only included in the SoFA when the general income recognition criteria are met. Legacies are included in the SoFA when receipt is probable, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
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| Tax reclaims on donations | Gift Aid receivable is included as income when the charity holds a valid declaration from the donor. Gift Aid is | |
|---|---|---|
| and gifts | considered to be part of a gift and is treated as an addition to the same fund as the initial donation, unless | |
| otherwise specified at the time of the donation or appeal. | ||
| Performance Related | Income from performance related grants is only included in the SoFA once the charity has met any performance | |
| Grants | related conditions. | |
| This is a change from the prior year accounts, and the prior year accounts have been re-stated as a result. | ||
| Donated Goods | Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless | |
| impractical to do so. | ||
| Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA | ||
| as incoming resources when receivable. | ||
| Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. | ||
| Support Costs | The charity has incurred expenditure on support costs. However, as the charity has chosen to report its income | |
| and expenditure on a ‘natural category’ basis, as a small charity, the support costs have not been apportioned to | ||
| different activities. | ||
| Volunteer Help | The value of voluntary help is not included in the accounts but is described in the Trustees’ Annual Report. | |
| b. | Expenditure and Liabilities | |
| Liability recognition | Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation | |
| committing the charity to pay out resources and the amount of the obligation can be measured with reasonable | ||
| certainty. | ||
| Governance Costs | Governance costs comprise those costs which involve public accountability of the charity, its compliance with | |
| regulation and good practice. | ||
| Redundancy Costs | The charity made no redundancy payments during the reporting period. | |
| Deferred Income | No material item of deferred income has been included in the accounts. | |
| Creditors | The charity has creditors when are measured at settlement amounts less any trade discounts. | |
| Basic Financial Instruments | The charity accounts for basic financial instruments on recognition as given in para. 10.7 FRS102 SORP. | |
| Subsequent measurement is as given in paras. 11.17 to 11.19, FRS102 SORP. | ||
| Pensions | The charity operates a defined contribution pension scheme. Contributions are charged to the SoFA as they | |
| become payable in accordance with the rules of the scheme. |
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Financial Statements
c. Assets Tangible Fixed These are capitalised if they can be used for more than one year and cost at least £500 Assets for They are initially valued at cost and the value given in the balance sheet is cost less depreciation. use by the charity Depreciation is calculated on a straight line basis to write off the cost of the asset over its useful life. The depreciation rate used is: Office equipment and furniture: 25% per annum Land and Property is not depreciated. Fixed Asset Investments Listed investments are stated at market value at the balance sheet date. Gains and losses on revaluation or disposal are recognised in aggregate in the Statement of Financial Activities and includes any realised or unrealised losses on the sale of investments and any gain or loss resulting from the revaluing investments to market value at the year-end. Debtors Debtors, including trade debtors, are measured on initial recognition at settlement amount after any trade discount. Subsequently they are measured at the cash or other consideration expected to be received. d. Fund Accounting Unrestricted Funds Unrestricted Funds are grants, donations and other incoming resources received or generated for the charitable purposes of the organisation. They can be used at the discretion of the trustees for any of the charity’s purposes. Designated Funds Designated Funds are unrestricted funds of the charity which have been earmarked or set aside by the trustees for particular purposes. Restricted Funds Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund held by the charity is included in note 16 and note 17
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Financial Statements
3. Analysis of Income
| Donations and Legacies Donations Legacies Memberships Gift Aid Total Donations & Legacies Charitable Activity Volunteering Programmes Fees & Other income Total Charitable Activity Other Trading Sales of Pins and Booklets Total Other Trading Investment Income Income from Flat Rental Interest & Dividends Total Investment Income Total Income |
Unrestricted £ 39,418 75,970 3,573 12 118,973 3,408 6,572 9,980 135 135 4,541 652 5,193 134,281 |
Restricted £ 400 - - - 400 - - - - - - - - 400 2024 |
Total £ 39,818 75,970 3,573 12 119,373 3,408 6,572 9,980 135 135 4,541 652 5,193 134,681 |
Unrestricted £ 19,856 200,000 2,842 12 222,710 3,025 4,535 7,560 52 52 985 985 231,307 |
Restricted Total £ £ 1,610 21,466 - 200,000 - 2,842 - 12 1,610 224,320 - 3,025 - 4,535 - 7,560 - 52 - 52 - 985 - 985 1,610 232,917 2023 |
|---|---|---|---|---|---|
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Financial Statements
4. Analysis of Expenditure
| Raising Funds Cost of Fundraising Platforms Fundraising & Publicity Printing Costs Memories Booklet Total Costs of Raising Funds Investment Management Costs Property Repairs & Maintenance Property Management Fees Utility Costs & Council Tax Charitable Activities Bank Charges & interest Insurance Voluntary Projects Consultant Fees Rent Office Costs Book-keeping & payroll Admin Memberships & subscriptions International Representation Depreciation Board Costs IE Fees Total Charitable Activity Expenditure Total Expenditure |
Unrestricted £ 273 389 - 662 10,444 785 1,250 12,479 232 490 - 11,200 4,294 472 542 110 2,649 - 716 1,200 21,905 35,046 |
Designated Fixed Assets Restricted £ £ - - - - - 108 - 108 - - - - - - - - - - - - - - - - - - - - - - - - - - 494 - - - - - 494 - 494 108 2024 |
Total £ 273 389 108 770 10,444 785 1,250 12,479 232 490 - 11,200 4,294 472 542 110 2,649 494 716 1,200 22,399 35,648 |
Unrestricted £ 192 504 696 - - - - 429 485 132 9,147 3,915 414 677 - 2,135 386 1,100 18,820 19,516 |
Restricted Total £ £ 192 504 - 696 - - - - - - - - 429 485 132 9,147 3,915 414 677 - 2,135 386 1,100 - 18,820 - 19,516 2023 |
|---|---|---|---|---|---|
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Financial Statements
5. Remuneration for Independent Examiner
Independent Examination Fee Preparation Fee Total
| 2024 | 2023 |
|---|---|
| £ | |
| 650 | 650 |
| 450 | 450 |
| 1,100 | 1,100 |
6. Analysis of Staff Numbers and Costs
No staff were employed in 2023 or in 2024
7. Trustee Remuneration and Expenses
No trustee received any form of remuneration (2023: nil)
One trustee was paid expenses for travel of £37 in 2024 (2023: £40)
8. Related Party Transactions
During the year donations totalling £32,470 were provided to the charity by trustees. (2023: £15,325)
Richard Williams made an interest free loan of £6,000 in 2019. This remains outstanding at the year-end 31/12/2024
Richard Williams also provided loans of £40,000 to be used in relation to the purchase of the flat. At the year end £20,000 remained outstanding. This was repaid in January 2025.
No adjustment has been made to take account of the time value of the loans from R Williams, as the loans are due to be repaid on demand
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Financial Statements
9. Tangible Fixed Assets
| 9. Tangible Fixed Assets |
|||||
|---|---|---|---|---|---|
| Cost At 1 January 2024 Additions At 31 December 2024 Depreciation & Impairment At 1 January 2024 Depreciation charged in year At 31 December 2024 Carrying Amount At 31 December 2023 At 31 December 2024 10. Fixed Asset Investments Carrying Fair Value At 1 January 2024 Additions Disposals Revaluations At 31 December 2024 11. Debtors IVS Volunteering Progs Gift Aid Total Debtors |
Heritable Property £ - 259,398 259,398 - - - - 259,398 Listed Investment £ 1,579 - - (1,195) 384 Unrestricted £ 3,506 3,506 |
Fixtures & Fittings Computers & Equipment Total £ £ £ - - 750 731 260,879 750 731 260,879 - - - 250 244 494 250 244 494 - - 500 487 260,385 2024 Restricted Total Unrestricted £ £ £ 3,506 2,759 - - 3,506 2,759 2024 |
Restricted Total £ £ 2,759 - - 2,759 2023 |
||
| - | |||||
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Financial Statements
12. Creditors
| Amounts falling due within 1 year Accruals Accounts & IE Total Accruals Other creditors Erasmus Partners owed Total Other creditors Deferred Income Total Short Term Liabilities Amounts falling due after 1 year Loan Total longer term creditors |
Unrestricted £ 1,100 1,100 - 1,100 Unrestricted £ 6,000 6,000 |
Restricted £ - 4,152 4,152 4,152 Restricted £ - 2024 2024 |
Total £ 1,100 1,100 4,152 4,152 5,252 Total £ - |
Unrestricted £ 1,100 1,100 - 1,100 Unrestricted £ 6,000 6,000 |
Restricted £ - 4,344 4,344 4,344 Restricted £ - 2023 2023 |
Total £ 1,100 |
|---|---|---|---|---|---|---|
| 1,100 | ||||||
| 4,344 | ||||||
| 4,344 | ||||||
| 5,444 | ||||||
| Total £ 6,000 |
||||||
| 6,000 |
13. Deferred Income
Income is deferred when the charity does not have full entitlement to the grant. The grants here are Performance Related Grants and are deferred until the appropriate performance has been achieved.
| Opening Balance Amount Released to income Amount returned to funder Closing Balance |
Unrestricted Restricted Total Unrestricted Restricted Total £ £ £ £ £ £ 645 - 645 645 - 645 - - - - - - - - - - - - 645 - 645 645 - 645 2024 2023 |
|---|---|
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Financial Statements
14. Movement of Funds
| Restricted Funds Erasmus + Projects Moldova Go East Lets Circus The Awakening Memories Project W F Southall Trust Total Restricted Funds Unrestricted Funds General Funds Designated Fixed Assets Designated Funds (Memories Project) Designated Flat income and expenditure Total Unrestricted Funds Total Funds |
Closing balance at 31/12/22 £ (468) 530 (876) (814) (764) - 3,000 1,422 20,163 636 - 20,799 22,221 |
Income £ - - - - - 1,610 - - 231,307 - - 231,307 231,307 |
Expenditure £ - - - - - (19,516) - - (19,516) (19,516) |
Gains/ (Losses) £ 24 60 (3) 81 - 81 182 - - 182 263 |
Transfers £ - - - - - - - - - - - - |
Closing balance at 31/12/23 £ (444) 590 (879) (733) (764) 1,610 3,000 3,113 232,136 - 636 - 232,772 235,885 |
Income £ - 400 400 119,104 - 15,177 134,281 134,681 |
Expenditure £ - (108) (108) (22,567) (494) - (12,479) (35,540) (35,648) |
Gains/ (Losses) £ 57 148 205 205 (1,325) - - (1,325) (1,120) |
Transfers £ - - (269,535) 260,879 - 8,656 - - |
Closing balance at 31/12/24 £ (387) 738 (879) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| (528) (764) 1,902 3,000 |
|||||||||||
| 3,610 | |||||||||||
| 57,813 260,385 636 11,354 |
|||||||||||
| 330,188 | |||||||||||
| 333,798 |
15. Purpose of Restricted Funds Erasmus + Funds
: Funding from EVS/Erasmus to prepare support and send volunteers overseas and also to receive support in Britain
for volunteers from overseas. Memories Project : Gifts given specifically towards the memories project W F Southall Trust : Funding towards the creation of a digital / audio-visual resource to celebrate and document the past 90 years of IVS-GB (the British branch of Service Civil International) and at the same time create a vision for the future of IVS.
16. Purpose of Designated Funds Memories Project:
Designated Fixed Asset Funds:
Gifts made in recognition of former volunteers who have died or from those who have made donations in recognition of their past service with IVS have been designated to the ‘Memories Project’
These funds represent value of fixed assets held by the charity.
Transfers into this fund represent the purchase of fixed assets held by the charity.
Designated Flat Income and Expenditure: Represents income (donations, rental and interest) and expenditure relating to the maintenance and ongoing costs associated with the flat.
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Financial Statements
17. Deficit Balance on Restricted Funds
The Awakening : The deficit balance on this fund represents additional expenditure on the Awakening project, which may or may not be refunded by the funder. This has meant that income was not recognised, although expenditure had been incurred.
Erasmus + projects : The deficit balance on these two projects mainly relates to deficits caused by losses due to exchange rates. However, final payments had not yet been made to project partners by the year-end and until these payments have been made the funds remain open and will be reconciled in the following year’s accounts.
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