DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA Company Number: 01452482 CC Charity Number: 278837 REACH VOLUNTEERING (Limited by Guarantee) Report and Financial Statements 31 December 2023
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Limited by Guarantee) Financial statements for the year ended 31 December 2023 Contents Pages Report of the trustees Statement of financial activities 12 Balan sheet 13 Cash flow statement 14 Notes to the financial statements 15-19 Independent Examiners, Report 20
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING {Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 Dgcembgr 2023 LEGAL AND ADMINISTRATIVE INFORMATION Status Company limited by guarantee Registered in England and Wales Registered charity Company number 01452482 CC Charity Number 278837 OSCR Charlty Number SC041623 Ideregislered 13112120211 Directors and trustees The directors of the charitable company Ilhe charilyl are its trustees for the purposes of charity law. The following were members of the Council of Management during the year. Jane Ide (Chairl Deborah Morton-Dare (Treasurer) Gus Alston Priyanka Bedia Saskia Bewley Rachell Fox Karwai Ng Christine Shaw (resigned September 20231 Dominic Tinley (resigned September 20231 Key management personnel Janet Thorne Holly Meacham Chief Executive Officer Head of Service and Operations Reglstered Offlce 7 Bell Yard London WC2A 2JR Independent Examiners Community Accounting Plus Units 1 & 2 North Wesl 41 Talbot Street Nottingham NG1 5GL Bankers Lloyds TSB Bank plc Victoria House Southampton Row LondonWC1B SHR
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING {Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 Dgcembgr 2023 The trustees are pleased lo present their Annual Report together with the financial slatementsof the charitable company for the year ended 31 December 2023 which are also prepared to meet the requirements for a Directors, Report and accounts for Companies Act purposes. The financial statements Comply with the Charities Act 2011, the Companies Ael 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities." Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial ReFlOrting Standard applieable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. STRUCTURE, GOVERNANCE & MANAGEMENT Charity Governance Code The Iruslees have adopted the Charity Governance Code and are working towards fulfilling its recommendations. The Iruslees regularly review their governance against the Code's recommended praCtIS and use this review to prioritise areas for further development. Governing Document Reach Iregistered as Reach Volunteering) is a charitable company limited by guarantee. Originally incorporated on 5 October 1979, the name was changed to Reach Volunteering by registration at Companies House on 10 September 2003. The company was registered as a charity on 6 November 1979. It was established under a Memorandum of Association, establishing the objects and powers of the charitable company, and is governed under ils Articles of Association which were revised in June 2009. In 2010 Reach Completed its formal registration with the Office of the Scottish Regulator IOSCRI and was registered on 21 June 2010. Reach deregistered with the OSCR on 13 December 2021. Appointment of Council Members (Trustees) The directors of Reach are also eharity trustees for the purposes of charity law and under the company's articles are also known as 'Members of the Council,. Under the requirements of its Memorandum and its Articles of Association Members of the Council are elected lo serve a period of three years, renewable after the first and second period of three years. Trustees are recruited to ensure that the Council contains the correct mix and balance of skills and experiences. Reach is a strong advocate for open, inclusive recruitment and strives to follow good practice through the whole process, from initial reflections on board composition through lo a supportive induction, as laid out in our guidance The Trustee Recruitment Cycle. The board undertakes skills audits and diversity audits, and explores barriers lo diversity and inclusion lo identify recruitment priorities. Trustee vacancies are promoted widely, and prospective candidates are supported lo engage with the board and the CEO throughout the prOS$, before and after the formal selection process. Succession planning for Iruslees stepping down from office is incorporated into the pro$$. New trustees are supported with a thorough induction pack including key information relating lo Iruslee duties and responsibilities and the Code of Conduct, Reach's Memorandum and its Articles of Association, and the lalesl financial slalements are provided, supplemented with information on the organisalion's history and current strategy. New Iruslees are paired with another board member to help them find their feet. All Members of the Council give their time voluntarily and receive no benefits from the charity. In 2023, the Council mel S times. The Council established two new sub4x)mmittees'. a Remuneration Committee and a NominatK)ns Committee. Additionally, Iruslees were involved in other events or meetings on Reach's behalf in the year.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING {Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 Dgcembgr 2023 Organisational Structure The Council is responsible for setting and overseeing the strategy for the organisation. Day to day management of the charity and its aclivib'es is delegated lo the Chief Executive and a small staff and volunteer team. Remuneration of the Chief Executive and other paid staff is reviewed annually by the Remuneration Committee in line with the Pay Policy. The committee's recommendations are then referred to the trustee board for approval. Related Partles The charity has a wholly owned subsidiary, Reach Consulting Limited, which is presently not trading. None of the trustees receive remuneration or other benefit from their work with the charity. Risk Management The Council has a risk management strategy which comprises.. a regular review of the principal risks and uncertainties that the charity faces., the establishment of policies, systems and procedures to mitigate those risks identified in the annual review," and the implementation of procedures designed lo minimise or manage any potential impact on the charity should those risks materialise. The Council, working with the Chief Executive and senior management team, manage risks for the charity through a regularly updated Risk Register, which is reviewed during the year and updated at least annually. Key dynamic risks are reported through the CEO'S report at every board meeting. The Council members have approved systems of internal controls that are designed to provide reasonable lalthough not absolutel assurance against material misslatemenl or loss. Reserves Policy A key element in the management of financial risk is the selling of a reserves policy which is reviewed regularly by the Council. In order lo maintain Reach's operational capability. the Trustees aim to have al all limes sufficient liquidity and unrestricted reserves equivalent lo al least three months, expected expenditure. In 2023 this tsrgel was approximately £120,000 and the unrestricted reserves at the year-end were £321,278. The Trustees have designated £120,000 of reserves to be used for capital expenditure on an essential IT infraslruclure upgrade anticipated lo be undertaken In 2024. This leaves just over £201,278 in free reserves. The upgfftde project is described under Outlook and Future Plans There were no Restricted funds al the year*nd.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel MISSION AND PUBLIC BENEFIT Vlslon Reach's vision is "A world where people come together to create a thriving, fair and sustainable society" Our mlsslon Is: To inspire, support and connect civil society organisations and volunteers to work together. sharing skills and expertise to create a better society. Our values are: Bold and experlmental We think big and encourage others to take a leap too. We value learning and experimenting, underpinned by a rigorous test and learn approach. People-centred We care deeply about the needs of the people who use our service, our team and wider society. We continually improve our service by applying service design principles. We value diversity, and we work to be inclusive. Collaborative We achieve more, together. Our service connects people to make change. We partner with others who share our vision, and internally we work in a way that builds collaboration. Honest We behave with integrity. We do what we say we will do, and are open and transparent about our work. Wg also articulated four coro boliets that undgrpin our work: Volunteering People are naturally co-operative and social- volunteering increases our sense of well-being, connection lo others and wider purpose. When people volunteer their expertise lo a cause they Care about, they make a unique contribution lo society that transforms them, builds the capacity and capability of the organisation they join and encourages further social action. Power of connection Vwhen we create new connections, we make society more cohesive and challenge the divisive 'us and them, stories that people turn to when they are scared. New connections can create shared understanding beeen people, grow collective capacity and build bridges. Equlty, dlverslty and Incluslon We all benefit when everyone has the same chance to participate in society, influence its development and enjoy ils rewards. Inequality is a significant and growing problem, and civil society has a particular responsibility lo tackle the systemic discrimination that fuels it. Social purpose organisalions need the culture, practices and processes lo ensure their teams are representative of the communities they serve, and that everyone within their organisalions can flourish. Cllmate actlon The climate crisis is an existential threat to civil society. The scale of change needed to address this is huge but the solutions also include big opportunities to make society fairer, more connected and More co-operative. We need to harness the creative energy of as many people as possible in order lo transition to a society that Is equitable, fair and sustainable. Public benefit: In shaping our objectives and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit and believe ils activities qualify in that respect.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel Reach helps charities to find people who want to volunteer their professional expertise, and professionals to find volunteering opportunities in the charity sector. We are the UK'S leading skills-based volunteering charity and the single biggest source of trustees to charities. Volunteers help charities to do more of what they do- increasing capacity- and lo do it better-by bringing in new skills and experience. Reach believes volunteering is a meaningful, indispensable partof a functioning voluntary sector. We are unique in that we work with the whole sector- from small community groups lo large national charities- with a focus on skills-based volunteering." that means we find people who have the skills and experience that charities need lo succeed. Rather than offering more pairs of hands to deliver a setvice, this sort of volunteering usually relates to strengthening the backbone of an organisation, such as financial stability. marketing and communications or governance Ilrusleesl. These are the areas where charities can often have skills gaps and where proficiency is essential if charities are to be sustainable. Reach is genuinely user-led in the development of our services." we carry out a continual process ofservice improvement, based on the feedback and input from the people and organisations we are here lo help. Our SerVe is ctrproduced by the organisations and volunteers that use our service to find the skills and opportunities that are most useful lo them We are nimble, flexible and responsive to the changing needs of the sector. IMPACT IN 2023 Summary.. a rgcord-breaking year Against a backdrop of record-low volunteering rates across the sector, we are proud lo have attracted more volunteers than ever. 13.930 people signed up to voluntoer through Roach in 2023. Volunteers made an amazing 27.529 applications for trustee and volunteer roles through our service- more than three limes pre-pandemic levels. These volunteers bring valuable skills, experience and diversity". 38°/0 identify as being from a global majority and S /• identify as LGBTQ+ We supported 1,302 organisations to find one or more volunteers or trustees to help them grow. In total, those organisalions recruited 4,515 trustees and volunteers - the most we have ever recorded in one year. This year also saw a continLJed increase in sign-ups from miCrorganisatIonS with less than £10,000 income, whose numbers have almost tripled since the pandemic. We ran two campaigns". Change The Story. highlighted the care, generosity and community-mindedness that motivates people lo volunteer.
VolunteerForClimate. which brought 4,065 skills-based volunteers lo the sile keen to
transform their climate anxiety into climate action.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel Reach placements since 2019 2019 882 751 2020 1149 850 1587 2021 1322 25 1912 2022 1189 790 1607 2023 1539 trustees 87 rojects 2089 ongoing roles Reach Volunteefing Impact report. 2023 13 Who used Reach in 20237 Our organisations Reach is proud to support a vast range of organisalions- from tiny grassroots groups Making waves in their communities, to national charities including the NSPCC, Shaw Trust and Sported. In 2023, we saw numbers of organisalions with an income of under £10,000 continue to rise, with an incredible 427 joining this year. In June, we added the ability for organisations to report on if they serve, or are led by, people facing slruclural injustice, with the results showing just how many groups are tsckling inequality head-on.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel Annual turnover of organi5ation5 using Reach 2.79/ Over 110 million 9.96% £lm - £IOm 11.04% E500k - £lm 13.68%W12501f- £50b 28.95X £50k- £25Ok 17.73% Elok - £50k 15.87% Under £IOk 62/ 904 207/ of organisations with an annual turnover of under £250.000 organisations133.59%1 had a turnover of under £50.000 increase in micro organisations (under £IOkl using Reach since 2019 Volunteers In 2023, we helped place volunteers with a vast array of skills, including 127 software developers, 103 HR experts and 66 fundraising bid writers. Our volunteers are employees, freelancers, people transitioning careers and those who are retired. Some have never considered volunteering before, others are serial volunteers and trustees, and all have a diverse range of backgrounds and idenlilies.. This diversity is particularly important for Iruslee positions, given the lack of diversity often found on charity boards. 440/0 identify as being from the global majority 90/0 identify as LGBTQ+ 550/0 of volunteers are under 40 90/0 identify as disabled 52 /0 identify as women
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel Our achievements in 2023 Helping charities and groups build their capacity and capability Building strong, diverse boards Helping people discover the power of civic aelion Powering the climate action movement Helplng charltles and groups bulld thelr capaclty and capablllty Skills-based volunteering can fix seemingly unsolvable problems, establish or expand new programmes of work, and bring in expertise that would olhetwise be costly. Some organisations come lo Reach to find specialist expertise to help them grow and adapt- like those who have navigated data protection and rebranding exercises with the help of Reach's community. Other organisations use Reach lo build their core teams - like those whose social media and marketing functions are run by volunteers. Many fantastic volunteer-led organisalions are now scaling their work thanks lo this additional capacity. In 2023, organisations recruited 2,976 volunteers to take on projects or join their teams in on-going roles- from accounlanls transforming financial strategy, to UX designers bringing new digital platforms to life. Al time when fvjnding opportunities and other resources for nonprofits are shrinking, volunteers are able lo keep services not just running, but thriving. Our free plafform allows organisalions to neork outside of their existing spheres of influence and conne¢lion. This is especially helpful for grassroots organisations or those run by marginalised groups, who may not have the same a¢sS to professional networks as their peers. 94°A of organisations surveyed said that the volunteer had helped Èheirorganisation to be more effeGlive "The skills and experience of Reach's volunteers are excellent. We easily recruited Iwo Iruslees, a graphic designer, a website designer, a copywriter, and a fundraising bid writer. Each one has brought much-needed expertise and helped us grow much faster than we anticipated., Lunch Club, a newly established local charity tackling food insecurity and social isolation. "For years now, Reach Volunteering has been an invaluable portal for providing us with an impressive range of younger and more racially diverse volunteers. We've onboarded individuals with IT and database management, social Media, partnership development, HR and project management skills . . Some have stayed with us for a few months, many over a year." Action for Trustee Racial Diversity, a volunleer-led independent campaign to increase the under-represenlation of people from Black and Asian backgrounds on trustee boards. "Since October last year, three volunteers have assisted us with all our digital activities- keeping social media active, engaging with stakeholders, revamping our branding. They have improved the quality of our work as well as filling gaps in paid staffing., Light Foundations, a social enterprise supporting young people through personal and career development. Building strong. diverse boards Reach is the single largest Sour of Iruslees to the sector. In 2023, charities appointed 1,539 Iruslees through our Servi - including 67 Chairs, 150 treasurers, 58 trustees with experience in income generation, 47 with an HR background and 25 'digital' trustees. Not only did these Iruslees bring essential expertlse to the boards that they joined - they also brought much needed diversity. Reach applicants were more likely than the general UK population to Identify as LGBTQ+ or as coming from a global majority community. They were also far more diverse in terms of age, gender, ethnicity, sexuality and disability than trustees as a whole. Last year, 36,601 users also logged on to view The Trustee Recruitment Cycle - our guide to inclusive board recruitment. The sile combines written guidance and template resources lo support boards through each stage of the recruitment process, from reflecting on board diversity to inducting their new trustee. 760/0 of users reported finding the cycle useful, with 630/D saying il was extremely useful.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel 920/0 of organisations who completed our impact suNey said their trustee helped theirorganisation become more effeGlive. "I heartity recommend Reach lo other charities. We found people local to us Iwho weren't in our existing networksl, which is helpful as we're In a small area of the South Wesl., Vision North Somersel, a local charity supporting people with sight loss or hearing105S. "Many board members come from similar backgrounds and have often trained with one of just a handful of training providers. Consequently, there is a real risk of groupthink and so it is essential that we have independent board members like Niru, who are able to diversify the board's experience and skill set., The Civil Mediation Council, a charity promoting and providing greater access to meditation. Helping people discover the power of eivic action Ever since the onset of the pandemic, we have seen a surge of people wanting to offer their skills and expertise - lo help charities and groups working hard to tackle societal challenges. In 2023, the numbers rose even further, breaking all previous records". 13,930 new volunteers joined our service, and we supported an astonishing 27,524 applications for trustee and volunteer roles- more than three times pre-pandemic levels. This growth is encouraging because volunteering has been al a record-low in the wider sector, with small charities, in particular, struggling lo recruit. Reach has a unique advantage in encouraging volunteer engagement- since we reach a wide audience through our partnerships, and pool together a variety of flexible roles from across the sector. In January 2023, our #ChangeTheSlory campaign highlighted the care and concern that inspires people to volunteer. 14 organisalions- including Global Action Plan, Volunteering Matters and Inspiring Scotland - joined our campaign, celebrating values like solidarity, compassion and care for nature that bring volunteers together. In collaboration with Common Cause Foundation, we ran a community of practice with other volunteer- involving organisalions, exploring how to draw on the power of these intrinsic motivations lo create a 'ripple effect, that benefits wider civil society. "Volunteering gives me the opportunity to learn flexibility and give back to my community. It is both empowering and rewarding. Tracy, a researcher with Health Action Group. 'I've volunteered with some truly inspiring social entrepreneurs, to provide specialist knowledge, bring new perspe¢lives and even deliver large-scale events. Il's developed my sense of accountability, given me a support network and the opportunity lo develop and implement my ideas., Rosemary, a volunteer for multiple climate organisations. "Being a Trustee has been great, as well as steep learning curvel It gives me the opportunity to meet new peoplè, apply myself in new ways, whilst also making use of my existing expertise- all for a cause that l am passionate about., Kelly, a trustee with the Humane Research Trust CIO. Powerlng the cllmate actlon movement Reach is committed to tackling the climate crisis, and believes it is a significant threat lo the mission of all social purpose groups. Likewise, we believe volunteering is one of the easiest and Most tangible ways for individuals lo take climate action with the added benefit of reducing their eco-anxiety. In 2023, we launched a new campaign, #VolunteerForClimate, encouraging professionals lo volunteer their skills with climate action groups recruiting through Reach. We brought together over 100 volunteering opportunities al a wide array of organisalions, from established charities lo new, innovative volunleer-led groups. In response, over 2,000 volunteers passionate about climate action joined Reach to gel involved. This year, we also worked closely with others to support more charities to tske action on climate. We are a Learning Partner for NPC'S Everyone's Environment PrramMe which brings together over 50 social and environmental charities to accelerate action on the social Impacts of the environmental crises. Our CEO is a member of ACEVO'S Climate Action Working Group, and, in July, was featured on the Third Sector podcast about Reach's own journey to weave environmental considerations into our mission.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel "Although I was already extremely conscious of my impact, l am far from perfect. I try to take action on climate change where I can, bul volunteering definitely reiterated the Importan that small changes can make and I feel even more conscious of my choices now., Hannah, volunteer for Climate Ed. "Making our film was a really valuable experience. The work wa5 interesting, the people were good to work with and I feel that I played a small yet important part in achieving something good which benefits all of us. I've since become more involved In a local sustainable community gardening project.. Peter, professional photographer on volunteering with The Centre for Big Synergy. "Very happy to be starting a new Trustee Treasurer role with a brilliant, small environmental eharitylsocial enterprise local to me. Thank you Reach Volunteering for highlighting this and so many other fantastic volunteer opportunities in your climate crisis campaign,, LE, Treasurer for the Forest Recycling Project FRP. Changing the narrative about people and volunteering Our #ChangeTheSlory campaign highlighted the care, generosity and communily-mindedness that motivates people to volunteer. We wrote thought pieces, created a video and ran a social media campaign. Fourteen organisations partnered with us, sharing their own volunteers, values-led stories. With support from Common Cause Foundation, we ran workshops for volunteer involving organisations, and from this grew a 'community of practice, exploring ways to embed a values frame in volunteer recruitment and management. The positive, hopeful messaging was well received by peers. We will build on this framing next year, as well look al bringing the ideas of active Citizenship into our work. INCOME GENERATION AND FINANCIAL SUSTAINABILITY We remain committed lo providing the bulk of our services free to use for volunteers and charities. This is partly to ensure that our service is affordable to all.. many of the organisalions which use our setvice to recruit volunteers and Iruslees have a turnover of less than £10,000 pla and for the first time last year, volunleer-led groups posted the most roles. We also want to facilitate a strong stream of supply and demand.. both enrich the choice for other service users and increase the chances of a successful match. As we scale, we also become more cost effective. Our cost per placement in 2023 was less than one third of that in 2018. We earned half of our income through charged-for services. Income streams include a modest fee for charities with a turnover of over £1 m for using our self-setvice option for trustee recruitment, and a suite of services provided by our Trusteeworks team.. 'Funder plus services to funders who provide capacity building support lo their grantees Corporate programmes, supporting employees into trustee positions A'self-service plus wider advertising, service An executive search Servi for trustee recruitment However, despite the growth in earned income, we still do not generate sufficient surplus lo cover much of the cost of our core service. For these reasons we will always remain partially reliant on grant funding. Given the competition for grant funding, and reduced options for infrastructure organisalions such as Reach, this is a challenge. Financial Review Reach recorded a total operating surplus of £19,710 for the year12022." surplus of £8,335) with net funds, including restricted funds, increasing lo £321,27812022.. £301,568). Total income in 2023 remained largely steady al £404,181 12022." £389.8421. Eamed income from Trusleeworks and related activities increased by 130/. 10 £256, 154 from £226,484 in 2022. Total expenditure for the year was £459,772 and was little changed from the level of the previous year. Further details of income and expenditure for the year are shown in the notes to these financial statements. Outlook and Future Plans We will continue to sustain the record levels of activity that our setwice supports- recruiting more volunteers, supporting more charities and groups, and generating more connections.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlted byguaranteel We will continue to experiment with campaigns, inspiring more civic action. We will invest in our own organisalion, to ensure that we are fil for the future.. 1) We will invest in rebuilding the platform on which our Servi is built, from Drupal 7 to Drupal 9+ This is a substantial but essential programme of work. Drupal is an open-source CMS and web application. Whilst most upgrades are minor, the leap from Drupal 7 to Drupal 8+ is significant. The Drupal community will slop supporting Drupal 7 al the end of 2024, so we need to complete the project by that lime. 2} We will seek lo grow the proportion of our income generated by our suite of charged-for services. This involves a review of these services, and planning for significant growth in the most promising. STATEMENT OF TRUSTEES. RESPONSIBILITIES The charity trustees (who are also directors of Reach Volunteering for the purposes of company lawl are responsible for preparing the Trustees, Report and financial statements in accordance wrth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial slalements, the trustees are required lo.. select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP.. make judgements and estimates that are reasonable and prudent", state whether applicable UK accounting standards have been foll()wed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial position of the charity and to enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the PrePatIon and dissemination of financial statements may differ from legislation in other jurisdictions. Small Company Provisions This report has been prepared in accordance with the special provisions for small companies under part 15 ofthe Companies Act 2006. By order of the Council of Management.. Jane Ide Chair Date 9111/2024 72F89ECW2D471...
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlteij by Guarantsel Statement of flnanclal actlvltles Ilncorporatlng an Income and expendlture aceountl lor the year ended JI December 2023 Unrestricted Unreslricled Restricted Reslricled Total Nots8 Fund8 2023 Funds 2022 Funds 2023 Funds 2022 Fut)ds 2023 Toi81 Funds 2022 Income from.. DDnalion5 and 9¥cleS Charitable activit5 Total 148,027 256,154 404,181 163.358 226,484 380,842 75,301 59.550 223,328 256,154 479,482 222.906 226.484 449.392 75,301 59.550 Expenditure on.. Raising funds Charitable activilEs 21,355 J63,116 20.037 361.470 21.355 438,417 20.037 429.020 75,JOI 67.550 Totsl 384,471 381.507 75,301 67.550 459,772 449.057 Noi Incomo 19,710 8.335 18,0001 19.710 335 N81 mo¥8m&nt futhds 8.335 8,000 19,710 335 Total funds brought forward Total funds Carrled forward 293 233 312,942 293.233 301.568 8.000 301.233 301.568 321,278 All income and expenditure derives frotn continuing acti¥ities. The notes on p8ges 15 10 19 form part of these financial slalemenl5.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING ILimited by Guarantee) Balan¢0 sheet as ot 31 Dg¢ombvr 2023 2023 2022 Note5 Flxod assets Tsngible Fixed Assets Investments 1,957 5,210 1,957 5,210 Curront ats8ot8 Deblorg Cash ai bank and in hand 43,629 311,208 53,567 284,322 3S4.837 337,889 credOr$.. amounts lalllt)g duo wlthln one year 13S,5161 Total assets 321.278 3D1,568 Fund8 General Deslgnaied Funds Rastricted 201,278 120,000 181,568 120,OLK) 321,278 301,568 Forthe financial year ending 31 December 2023 the charity was entitled lo exemption from the audit requirement contained in section 477 of the Companie5 Act 2006 relating lo small companies. Directors. responsibilities.. The members have not required the charity lo obtain an audit of its accounts for the year in question In accordan with section 476." and The directors acknovAedge their re5ponsibililEs for Wmplng with the requirements of the Companies Act 2006 Mlh respect lo accounting record5 and the preparation of accounts. These financial 518lemenls have been prepared in acCOrd8n wilh the speci81 provisions relating lo mpanies subject to the 5m811 comp8nies regime within Part 15 of the Companies Act 20. Appmved by the Counul of Manag8meni. and aulhorlsed for Sssue. on snd slgned on its behalf by.. 10th september 2024 72P8OÉCts2D17l.. Jane Ide Chair AS8821CCF52C4A5 Deborah Mort0Dare Treasuror The notes on pages 15 to 19 form part of these financial slalements.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmltod by Guaranto81 Stotsmvnt of ¢•sh tlow 89 at 31 Decomber 2923 2023 2022 Cash flows of operatlng actlvltlos.. Nel cash provided by lused In) opersiing a¢livil$ Cash flo of Invostlng a¢tlvltlo8.' Sal& of inv&slm6ni Purchase of t8nyibl& 8SSelS Mol Cash provldod by Iu88d Inl Ilnanclng actlvltlos 26,885 16.403 26.885 16.404 Change in cash and cash eqUivatS in the reportlllg period Change in cash and cash equivalents in the beginning reportiry period Cash and cash oquivaknts at tho and of thtr roporting poriod 26,B84 16.404 284,324 267.920 311 208 284.324 Recon¢llfiatlon of net Income I lexpendf(urel to net ¢ash from operatlng a¢tfivttle$ Nel Income for the reportino period Adiuslments for.. Depreciation charges Decre8se I Ilncreasel in debtors Increase I IDecreasel in creditors Nel cash provided by lused Inl oper4tino activilEs 19,710 335 3,253 9,938 6,016 26,B85 3.253 11.090 1.725 16.403 Anatysls of Cash and ush 8quIv8l&nts Toi81 Cash In hand 311.208 284.322
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlteij by guar8nto81 Notss to the financial tstatamants forthè ytrar èndèd 31 tièctrmbtrr 2023 Accountlng pollclèB Reach Vdunleering Is a charitable company1014524821, limited by guarantee. domici In EngL4nd and Wales. The registered office is As detailed on page 1. Prin¢ip818¢twity Reach's pnncipal activity Is lo a5%sI voluntary organ15thon5 In aCssIng 5kiled volunteers to Sup their fflalnlenan and devebpNenl. Basi8 of accounting The finanual statements have been prepared in accordan wilh AntIng And Rewrknng by Ch8rilies' Statement of Recommended Pr$¢ti¢e 4ppli¢aWe lo ¢harilS pwaring Ihtir a¢¢ounts in 8¢¢ord8n¢wrth the Finan¢i81 Rtporting siand8rd ¥plb In Iht UK and RepU1C of Iren IFRS 1021 leffeclive 1 January 20191- ICharilEs SORP IFRS 10211 and the COmnieS Act 2006. Reach Vdunteeriny MlS the definition of 2 public benefit entity nder FRS 102 Assets Ènd liabiithes are InitilY recognised at historical osl ortransactioD value unless othetwise stsled ID the relevant accounting Oicy nolelsl. Th8 presentalv)n pjtrency is GBP and rounded lo the nearest pound. Going Concern Ttuslp8s have wnwd8r8d the finan¥1 resources ol the Charity forlhe fore5eeabbfulur8. The Trustses b8lievelhai in vjew of existing reserves. logetherwilh funding commitrnenls already In pla. fund raising and income gernaling aclivilies and rem&ial actions tsken, the Chanty h8ve $uffi¢ient funds 10 Continue 10 meet Ils liabilrfie$ a$ they fall due for le8$1 twelve month$ from Ihe date of approval of Ihefinancial slalements.Therefore. the Trustees have concluded that the going COTbcem basis of accounting continues lo be In¢omo Incorne Is renised when the charity has ethllemenl lo the funds, any perf0mlan conditions attathed to the Ilemlsl of Income have been met, 111$ probable that the In¢ome be received and the amount ¢an be me8$ured reliably. Income retsived In Edvance of a specified service is deferred until Ihe crileria for Income e091t1Dn are met. Inleresi on funds held on deposii Is Induded when receiV8ble and the amount c8n be measured rdiably by the ch£rity', Ihis Is norm81ty UPDn notrficsiion of the inl8rpst paid or payabLg. Govemment Grants Grani$ a 8¢¢0unied forunderihe perfoman¢e nd as permitted by the ¢harrty SORP. Fund accountlng Unrestricted funds s availaLqe lo swd on activities that further any of the wrwses of the charity. Desn£ted funds are unstil¢ld funds of the charity which the irustees have decided 81 their discretion to set aSe to use fora Spe[le purpDSe. Restricted funds are donalionswhich the doDor has speufied areto be s(lely used for partICuraraS of the charity's wotk orfor speufic projects being undertaken by the charity. Expendlture Expendrture Is recognised once there Is a legal orcon51ruthve obligthon lo fflake a payment to a third party. it 15 wobable that 5etlknenl Viill be r¢guired and the amount of the oblig81ion Can be measured reliawy. Expsndrture 1$ ¢lassifi8d Ihfrfolbwiny 4rtity hoading$ Cost ol raising lund$ wmprise the Costs in¢uffea In en¢ouraging people and ¢rg$ni8ations 1¢ ¢oniribuie finan¢1811y 10 the th8rity'$ work Expsndrturs on tha11bI# act¢$ in¢lvae$ the ¢osts Of a¢tivrfio$ undertaken 10 fvrther the purpos88 of th8 ¢h8nty and Ih8if ¥sso¢i8ied support cost5. Support LSt& are those functions that assist IhpwoTk of the chaTty bul do not diredy undertake charitable activities.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlteij by guar8nto81 Notss to the financial tstatamants forthè ytrar èndèd 31 tièctrmbtrr 2023 Tanglbk flxed assets Indrrfidu?l fixed assets fAJsling £1.000 or tnore ?r8 raprtalised al cost and are depreoiatsd overlheir eslimatsd useful eo>Jnotnic ljves on a slraighl line bgsls as follows. Equiwnenl and softwAre- 3 years Debtors Debtors are recognised Initially al f8ir value. Trade and other debtors are recognised Al the SmnI due on the dBy ihey Arise. Prepayment5 £re amounts paid In adv3Th and Are stad Al the 8Ctual amoum that has been prepAId. Cash and CAsh Equlvalents Cash £nd cash equivalents represents amounts held within current or depDSIt nk accounts. Cr9dor$ •nd provl¥lon$ Creditors and provisions are recognised where the ch£rily has a present oblig8lion resutting from 8 pasi event th21 will probabty re9uli in the transf8rof funds lo a third party the 3munl due lo spttlethe 018110 tneasured or estimated reliably. Fin•n¢i•l in¥trum•nts The ¢harity onty ha$ finan¢18188seb and fin8n¢ial liabilities of 8 kind th IU81rfy as b881¢ finanthal instruments Basi¢ fin8n)al instrurnenls are Initially recognised al IransactK)n value and 5ub5equenlly measured al their settlemeDt value. Crltlcal ac¢ountln8 estlmates and assumptlons Thtrr# ars no ¥wounting trslimatss or8S$UTnPlionswhi¢h have 8 gnificant nsk of causiw a m¥t$rial adjuslrnwi 10 the ¢trying 8mouni$ 2 Donations and lagatiès Unrestricted Resthcted Total Total 2022 Don81ions from Charitab trusts Corporate donations Other InecAKe 104,000 202 43,825 14B,027 75,301 179,301 202 43,825 223,328 209,500 100 13,308 222.908 Invo$tm•nt$ ¢hnty'$ inveskntni [niS I% of the i$8u8d ordin8ry $h8rs ¢apiial ¢1 the ¢haiiVs subsidiary Company, Re8¢h Con$uttiny 4 Charltabl8 a¢tlvltlg8 Unrestricted Funds Restricted Funds Totsl 2023 Totsi 2022 TrUstVv0rkS Core service fees l Empknyer supported vdunteerin9 196,S51 59,603 256154 196,551 59,603 179.349 47.135 226.484 5 Raising lund8 Unrestricted Funds Restritted Funds Total 1023 Total 2022 Direct s13ff costs Support LSt8 19.881 1.675 21.355 19,681 19,049 988 2Q,037 21.355
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlteij by guar8nto81 Notss to the financial tstatamants forthè ytrar èndèd 31 tièctrmbtrr 2023 6 Charitable actNities Unrestricted Funds Restricted Funds Total 2023 Total 2Q22 Plament ol vdumeers DI st£ff costs Premi$e$ expense$ IT 8nd ¢ommvnithons Otheroverhe8d ¢o$i$ al 8nd profe$$ional lsfrs Ind8p¥nd$nt Ex8min$rs It Finara ¢08ts 280,896 5,188 20,827 52,Q60 316 3,896 134 363,116 75,301 356,197 S,188 20,827 $2,060 316 3,696 134 438,417 324,987 5,04S IB,963 67,1 3SS 12,437 57 429,020 75,301 Othor rt8tri¢tad funds ty$1$1 of gr8nl$ from City Bridyè Ttusl $nd H8drian Trust. 7 Staff costs 2023 2022 Wages salaries Social security cosis Pension eonlnbulions 330,946 27,494 17,135 37S,575 306 37S,882 308.SOS 22.105 14.803 5,513 Other siaff cogls 5.S30 The average monthly numberofemployeeg during the yrwere". 10 No etnployp8 had t0Ye& ben8ffts In exc8ss of £60,00012022 01. ¢hanty Iwstss$ were not pa or in ro¢6ipt of 8ny other b8ntfii$ from m0YMent1th tho ¢h8fily In th8 ysar12022 £NIll 8nd £113.24 Iruslees 8W8nseswere reimbursed in 2023 12022. Nlll. No charity Iruslee reIVed payfflenl for kKOfesonal orolherserviGes supplied lo the thanty12022". £Nill. key tnanagpmenl of the charity o)mprise Ihetrustses, the Chief E¥eculive Officer, the Head of Service the Head of Tmsleevvorks. The loial emKAoyee benefits of the key rn8nagemeni personnel of the charity were£144,10812022. £113,173>. Fixed Assets Equlpment and sofvare 9.759 Cogt At 1 Janu8ry 2023 D1$pO$als¢r8pped Addrtions Al 31 t}eMber 2023 9.759 Depreciation Al 1 Janu?ry 2023 0isPOsalslScrapwd Charge lor the year Al 31 D8c*mr 2023 4.9 3.253 Net Book Val Al 31 D£Mber 2023 Al 31 t}eMber 2022 5.210
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlteij by guar8nto81 Notss to the financial tstatamants forthè ytrar èndèd 31 tièctrmbtrr 2023 g Debtors 2023 2022 Trad# debtors Qtherdeblors and prepaymenig 34,332 9,297 43.629 44,75S 8,812 53,567 10 Creditors-arnount5 falling due within oneyear 2023 2022 Trade creditors Othertredilors and accruals Actruals 4,507 2,414 6,749 1.968 19.878 35.516 16,285 2,541 4,799 3,701 14,225 41,531 Pension Schpme Liability Taxation and Social secutity costs 11 Analys65 of net assets btheen funds Tanglble fixed Net current assets assets Netassets 2023 Netassets 2022 Unr8$irid$a funds-. General R¥$irid$d funds 1,557 325,027 326,984 301,568 1,957 325,027 326,984 298,31S 12 Anatysis of rnovements in unresthcted funds Gpner81 fund Totsl 2023 Total 2022 Al 1 January 2023 Incorne Expendrture Transfer lo Design8led Fund5 for Dru1 upgrade At 31 December 20Z3 201 278 201 278 The rrusrees have designated the funds ro be used forthe proposed c?pital expenditure on the infvasiructure upgrade nticipated to be undertaken in 202314. 181,568 404,181 1384,4711 1B1,568 404,181 1384,4711 293,233 389,842 120.000 1B1 568 13 Analysis of rnovements in restrictsd funds Totsl 2023 Total 2022 Al 1 January 2023 Incorne Expendrture At 31 December 2D23 8,000 59.550 67.550 7S,301 7S,301 R•Btrlct8d funds.. The purpose of the restricted funds is lo support the e£pauty and governan ol chariknes In London. and in the North Eastof England.
DoGUSign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Llmlteij by guar8nto81 Notss to the financial tstatamants forthè ytrar èndèd 31 tièctrmbtrr 2023 15 Penslons charita9 comwny parboypatss in The TPT Retiretnenl Sdulions Growrth Plan Ilormerly The P9n618 TTUSI Growth PlaDI Ilhe Plan'l which 15 8 Mu£mpYer defined benefit scheme as described by FRS 102- Section 28. Alull actuarial valuation olthe plan al 30 Septernber 2020 showed Ihp matketvalup ol the sthetme asse15 to be £800 millv)n, liabilthes of £832 million 8nd 8 defil 01£31 S million. The present value of Reath Volunleenng'5 Portion of Ihisdeficit Is £1.968 atthe balance sheet dale12022 £3,701). To eliminate this funding shortf811, the ¢hariiy 1$ requira to m$ke additional ¢oniribuiions to the Pl$n With the aim Of elimin$iing the defi¢ii by the end of 20Z5. The cost ol the defiut contributions included in these accounlswas £1,86412022. £3,177). Reconclllation of openlng and closln9 provlslon5 2023 20 Provision al stsrt of period Unwinding ol the di5GOUntfactor linleresl expense) Defi1 contribution paid Remea5urem8nts- Impact of any change In assumptson5 Remea5urements- amerbdmenlstothe contribution schedule Provision atend of period 3,701 134 11,8641 6,958 57 137 3.701 In¢omo and OXFxndituro impatt 2023 2022 Inleresi expense RemeaSuremen- Impaci Df any ch£nge in £85mp0S ReMeasutsMen- amendment$ io Ihe coniribulion 8ehedule 134 S7 131 801
DoGusign Envelope ID." F88F938Dffj61 E43FO-BOEA49436185B4DA REACH VOLUNTEERING (Limitéd by guar•ntè&l Independent Examiner's Report to the trustees of Reach Volunteering {'the Company,) I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2023. Rcsptsnsibilitics and basis of report As the charity's trnstees of the Conipany (and also its directors for the PUTposes of company law) you are responsible for the preparation of the accounts in accordance with the requirenients of the Coinpanies Act 2006 ('the 2006 Act,). Having satisfied Tll)'5elf that the accounts of the Conipany are not required to be audited under Part 16 of the 2006 Act and are eli¥iblt for independent examination, I report in respect of m J. examination of vour charity's acLounts as carried out under section 145 of the Charities Act 2011 {'the 201 I ALt'I. In carryin¥ out niy exaniination I have followed the Directions given by tlie Charity CoTnmission under sectioii 14515)(bl of the 2011 Act. Independent examiner's statement Since the Company's gross income exceeded £250,000 vour examiner must be a member of a body lisied in section 145 of the 2011 Act. I confirm thai l am qualified to undertake the examination because l am a member and Fellow Lif the Association of Chariry Independent Examiners, which is one of Ihe listed bodies. I have completed my examination. I confirm that no matters have CL)me to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records H'ere not kept in respect of tl)e Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records,. or 3. the a¢coiints do not comply with the accountiiig requirements of section 396 of the 2006 Act other than any requirement that the ac¢ounts give a'irue and faiE view which is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in actordance with the methods and prii)ciples of the Statement of Recommended Practice foi accounting and reporting bs, cl)arities lapplicable to charities preparing their accounts in accordance with the Financial Reportin(T Standard applicable in the UK and Republic ol. Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which atteniion should be drawn in Ihis report in order 10 enable a proper understaiiding of the accounts to be reached. John O'Briei) Msc, FAIA, FCCA, FCIE. empltsyee of Con)mui)ity Aceountii)g Plus FelloNw of the Association of Cl)arity Independent Exan)iners Units l & 2 North West 41 Talboi Street Noiiinghain NGI 5GL Date.. 1710912024 2D