2024-12-31-accounts - Reach Volunteering

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Docusign Envelope ID: B410059E-8CF4-447B-99EC-AD724588CB9D

Company Number: 01452482 CC Charity Number: 278837

REACH VOLUNTEERING (Limited by Guarantee) Report and Financial Statements 31 December 2024

Docusign Envelope ID: B410059E-8CF4-447B-99EC-AD724588CB9D

REACH VOLUNTEERING

(Limited by Guarantee)

Financial statements for the year ended 31 December 2024

Contents	Pages
Report of the trustees	1-11
Independent Examiners’ Report	12
Statement of financial activities	13-14
Balance sheet	15
Notes to the financial statements	16-27

Docusign Envelope ID: B410059E-8CF4-447B-99EC-AD724588CB9D

REACH VOLUNTEERING (Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

LEGAL AND ADMINISTRATIVE INFORMATION

Status Company limited by guarantee Registered in England and Wales Registered charity Company number 01452482 CC Charity Number 278837 OSCR Charity Number SC041623 (deregistered 13/12/2021)

Directors and trustees

The directors of the charitable company (the charity) are its trustees for the purposes of charity law. The

following were members of the Council of Management during the year.

Jane Ide (Chair) Deborah Morton-Dare (Treasurer) Gus Alston Priyanka Bedia (resigned June 2024 to take maternity leave, with intention of rejoining the board at a later point) Saskia Bewley Rachell Fox Kar Wai Ng Keira Poland (joined February 2024) Francois Landers (joined February 2024) Katherine Wollard (joined February 2024; resigned November 2024)

Key management personnel

Janet Thorne Holly Meacham

Chief Executive Officer Head of Service and Operations

Registered Office

7 Bell Yard London WC2A 2JR

Independent Examiners

John O'Brien MSc, FAIA, FCIE, Community Accounting Plus Units 1 & 2 North West, 41 Talbot Street, Nottingham. NG1 5GL

Bankers

Lloyds TSB Bank plc, Victoria House, Southampton Row, London. WC1B 5HR

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(Limited by Guarantee)

REACH VOLUNTEERING

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

The trustees are pleased to present their Annual Report together with the financial statements of the charitable company for the year ended 31 December 2024 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 Act 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 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE & MANAGEMENT

Charity Governance Code

The trustees have adopted the Charity Governance Code and are working towards fulfilling its recommendations. The trustees regularly review their governance against the Code’s recommended practices and use this review to prioritise areas for further development.

Governing Document

Reach (registered 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 its Articles of Association which were revised in June 2009.

In 2010 Reach completed its formal registration with the Office of the Scottish Regulator (OSCR) 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 charity 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 to 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 to a supportive induction, as laid out in our guidance The Trustee Recruitment Cycle. The board undertakes skills audits and diversity audits, and explores barriers to diversity and inclusion to identify recruitment priorities. Trustee vacancies are promoted widely, and prospective candidates are supported to engage with the board and the CEO throughout the process, before and after the formal selection process. Succession planning for trustees stepping down from office is incorporated into the process.

New trustees are supported with a thorough induction pack including key information relating to trustee duties and responsibilities and the Code of Conduct, Reach’s Memorandum and its Articles of Association, and the latest financial statements are provided, supplemented with information on the organisation’s history and current strategy. New trustees 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 2024, the Council met 5 times. The Council has two sub-committees: a Remuneration Committee and a Nominations Committee. Additionally, trustees were involved in other events or meetings on Reach’s behalf in the year.

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REACH VOLUNTEERING

(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Organisational Structure

The Council is responsible for setting and overseeing the strategy for the organisation. Day to day management of the charity and its activities is delegated to 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 Parties

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 to 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 (although not absolute) assurance against material misstatement or loss.

Reserves Policy

A key element in the management of financial risk is the setting of a reserves policy which is reviewed regularly by the Council. In order to maintain Reach’s operational capability, the Trustees aim to have at all times sufficient liquidity and unrestricted reserves equivalent to at least three months' expected expenditure. In 2024 this target was approximately £135,000.

In 2023, the Trustees designated £120,000 of reserves to be used for capital expenditure on an essential upgrade to the platform which supports our online service. This work was started in 2024 and £96,525 of the designated reserves were used for this. The balance, £23,475 is retained for the completion of the work in 2025.

There was a balance of £8,582 restricted funds at the end of the year pertaining to the Social Business Investment Grant.

Unrestricted reserves at the year-end were £186,731. Unrestricted reserves less the balance of Designated reserves stood at £163,256 at the end of the year.

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REACH VOLUNTEERING

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

MISSION AND PUBLIC BENEFIT

Vision

Reach’s vision is “A world where people come together to create a thriving, fair and sustainable society”

Our mission 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 experimental

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.

We also articulated four core beliefs that underpin our work:

Volunteering

People are naturally co-operative and social – volunteering increases our sense of well-being, connection to others and wider purpose. When people volunteer their expertise to a cause they care about, they make a unique contribution to society that transforms them, builds the capacity and capability of the organisation they join and encourages further social action.

Power of connection

When 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 between people, grow collective capacity and build bridges.

Equity, diversity and inclusion

We all benefit when everyone has the same chance to participate in society, influence its development and enjoy its rewards. Inequality is a significant and growing problem, and civil society has a particular responsibility to tackle the systemic discrimination that fuels it. Social purpose organisations need the culture, practices and processes to ensure their teams are representative of the communities they serve, and that everyone within their organisations can flourish.

Climate action

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 to 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 its activities qualify in that respect.

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REACH VOLUNTEERING (Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

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 skillsbased volunteering charity and the single biggest source of trustees to charities.

Volunteers help charities to do more of what they do – increasing capacity – and to do it better –by bringing in new skills and experience. Reach believes volunteering is a meaningful, indispensable part of a functioning voluntary sector.

We are unique in that we work with the whole sector – from small community groups to large national charities – with a focus on skills-based volunteering: that means we find people who have the skills and experience that charities need to succeed. Rather than offering more pairs of hands to deliver a service, this sort of volunteering usually relates to strengthening the backbone of an organisation, such as financial stability, marketing and communications or governance (trustees). 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 of service improvement, based on the feedback and input from the people and organisations we are here to help. Our service is co-produced by the organisations and volunteers that use our service to find the skills and opportunities that are most useful to them. We are nimble, flexible and responsive to the changing needs of the sector.

IMPACT IN 2024

Summary: another record-breaking year

We placed a record number of 5,452 volunteers and trustees with charities and groups – up 21% from the previous year.
A record-breaking 16,237 people signed up to volunteer – an increase of 16.5% on 2023.
We continued to support a growing number of smaller organisations and grassroots groups - 62% of organisations posting roles had an annual turnover of less than £250k, and 30% of roles posted were for organisations with no paid staff.
Our volunteers have diverse backgrounds and identities - 61% were under 40 and 52% identified as being from the global majority.
95% of organisations surveyed said volunteers and trustees recruited through Reach were helping them be more effective.

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REACH VOLUNTEERING (Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Who used Reach in 2024?

Our organisations

Reach is proud to support a vast range of organisations – from tiny grassroots groups making waves in their communities, to national charities including Young Lives Vs Cancer, the RSPB and Sported. In 2024, we saw numbers of entirely volunteer-led organisations using Reach continue to rise, sharing an incredible 1,871 roles: more than any other group of organisations and showing phenomenal growth since 2019

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(Limited by Guarantee)

REACH VOLUNTEERING

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Volunteers

In 2024, we helped place volunteers with a vast array of skills, including 226 marketing specialists, 206 HR experts and 176 graphic designers.

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 identities. This diversity is particularly important for trustee positions, given the lack of diversity often found on charity boards.

52% identify as being from the global majority
9% identify as LGBTQ+
61% of volunteers are under 40
8% identify as disabled
56% identify as women

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REACH VOLUNTEERING (Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Our achievements in 2024

Helping charities and groups build their capacity and capability
Building strong, diverse boards
Helping people discover the power of civic action

Helping charities and groups build their capacity and capability

Skills-based volunteering can fix seemingly unsolvable problems, establish or expand new programmes of work, and bring in expertise that would otherwise be costly. Some organisations come to 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 to build their core teams - like those whose social media and marketing functions are run by volunteers. Many fantastic volunteer-led organisations are now scaling their work thanks to this additional capacity.

In 2024, organisations recruited 3,946 volunteers to take on projects or join their teams in on-going roles – from accountants transforming financial strategy, to UX designers bringing new digital platforms to life. At a time when funding opportunities and other resources for nonprofits are shrinking, volunteers are able to keep services not just running, but thriving.

Our free platform allows organisations to network outside of their existing spheres of influence and connection. This is especially helpful for grassroots organisations or those run by marginalised groups, who may not have the same access to professional networks as their peers.

96% of organisations surveyed said that the volunteer had helped their organisation to be more effective

“It’s not exaggerating to say that volunteers have really expanded our horizons. Having access to a vast pool of professionals who are specialists in their fields has opened so many doors for us and the real impact is on the young people we support who have been a bit forgotten by society.” Blue Magpie Foundation, a volunteer-led organisation supporting 5- to 25-year olds in North West London to achieve their potential.

“Reach is just a brilliant service. Through the platform I have found several fantastic volunteers who have helped me get off to a great start – and the real winners have been the young people we’ve been able to support to transform their lives. I recruited two web designers who worked together to set the website up from scratch. Having a good website has made such a difference to securing grant funding and to getting the word out about the charity and increasing referrals.” Devon Healing Horsemanship, a charity delivering The Horse Course Restart, using horses to engage with young people where talkbased therapy services have not been successful.

“We’re delighted that we now have 18 pieces of art ready to amplify the voices of marginalised people who are rarely asked how they would like spaces to be designed. This is real tangible work done by volunteers from Reach that will do important things, not just for us, but for the wider sector.” East London Waterworks Park, campaigning to create a community-owned, biodiverse park.

Building strong, diverse boards

Reach is the single largest source of trustees to the sector. In 2024, charities appointed 1,515 trustees through our service - including 107 Chairs, 154 treasurers, 63 trustees with experience in income generation, 56 with an HR background and 24 ‘digital’ trustees.

Not only did these trustees bring essential expertise 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, users viewed The Trustee Recruitment Cycle - our guide to inclusive board recruitment – 99,429 times. The site combines written guidance and template resources to support boards through

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REACH VOLUNTEERING

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

each stage of the recruitment process, from reflecting on board diversity to inducting their new trustee.

95% of organisations who completed our impact survey said their trustee helped their organisation become more effective .

“Using Reach Volunteering to recruit our chair gave us access to a wider range of candidates and skillsets than we would otherwise have, and we were able to find the ideal person to provide the strategic direction we need. We would highly recommend using Reach for trustee recruitment.” Open Door St Albans, a local charity dedicated to supporting and advocating for homeless people.

“We were delighted to recruit a Treasurer, a trustee with marketing and comms experience, an HR trustee and two trustees with lived experience. Not only do we now have people in the roles, but their skills and talents are strong and a great match for the Violence Intervention Project. We now have a board with broad experience to face the inevitable ups and downs of a growing charity and are looking forward to new, far-reaching partnerships. We can demonstrate capacity and strength and have the governance resources to take us forward and offer much-needed support to young people to break the cycle of violence in our communities.” The Violence Intervention Project, a charity based in West London that works with young people up to the age of 25 who are at risk from or involved in serious youth violence.

Helping people discover the power of civic action

Ever since the onset of the pandemic, we have seen a surge of people wanting to offer their skills and expertise - to help charities and groups working hard to tackle societal challenges. In 2024, the numbers rose even further, breaking all previous records: 16,237 new volunteers joined our service, and we supported an astonishing 33,449 applications for trustee and volunteer roles – three and a half times higher than five years ago.

This growth is encouraging because volunteering has been at a record-low in the wider sector, with small charities, in particular, struggling to 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.

“I have valued my volunteering experience tremendously. I have met new people, which I find very enriching, and built on my experience. The resources and support offered by Citizens Advice Hillingdon gives me a great sense of fulfilment and I have gained significant growth both personally and professionally.” Tina, Trustee at Citizens Advice, Hillingdon

“Volunteering offers an opportunity to support communities, use my skills and flex the intellectual and moral muscles that matter to me. Supporting an organisation which shares my values is satisfying and rewarding in many ways not least having the opportunity to contribute, and witness achievements as a result.” Bernie, Trustee for Catching Lives

“Finding a Trustee position has been such a rewarding experience. It’s given me the chance to build and lead a marketing team in the third sector while developing new skills and a deeper appreciation for collaboration, diversity of thought, and fostering innovation. Empowering individuals to take ownership of their work and aligning our marketing efforts with broader organisational goals has led to real, measurable impact.” Brian, Trustee at M2 SPED Awareness

INCOME GENERATION AND FINANCIAL SUSTAINABILITY

We remain committed to 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 organisations which use our service to recruit volunteers and trustees have a turnover of less than £10,000 p/a and in 2024, volunteer-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 fell by an amazing 46% from the previous year.

We earned half of our income through charged-for services. Income streams include a modest fee for

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REACH VOLUNTEERING (Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

charities with a turnover of over £1m for using our self-service option for trustee recruitment, and a suite of services provided by our TrusteeWorks team:

‘Funder plus’ services to funders who provide capacity building support to their grantees
Corporate programmes, supporting employees into trustee positions
A ‘self-service plus wider advertising’ service
An executive search service for trustee recruitment

However, despite the growth in earned income, we still do not generate sufficient surplus to 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 organisations such as Reach, this is a challenge.

Financial Review

Reach recorded a total operating deficit of £19,755 for the year (2023: surplus of £19,710) with net funds at year end, including restricted funds, decreasing to £301,523 (2023: £321,278).

Total income in 2024 remained largely steady at £488,693 (2023: £479,482). Earned income from TrusteeWorks and related activities was £238,140, a slight drop from 2023 due to the end of a ‘funder plus’ programme with GSK.

Total expenditure for the year was £508,488 (2023:£459,772).

Further details of income and expenditure for the year are shown in the notes to these financial statements.

Outlook and Future Plans

We are excited to build on the momentum of the past two years of record growth to ensure we continue to empower as many people as possible to volunteer their skills to help us achieve our vision of a fair and sustainable society.

Our plans include:

Upgrading our platform: We will deliver an improved experience for our users based on their feedback, incorporating up-to-date technology to enable us to continue developing the service to meet future needs. This will allow us to grow at scale.
Updating and developing resources: We will support both organisations and volunteers to succeed, including an update to our flagship resource, the Trustee Recruitment Cycle.
Extended engagement journeys: We will deepen our connection with users, promote our valuable resources, build community, and grow participation.
Continued service development: Through service design, we will ensure we adapt to meet the changing needs of our users.
Targeted and collaborative campaigns: We will inspire people to participate in volunteering, creating a thriving and fairer society.
Partnership and collaboration opportunities: We will identify opportunities for further partnership and collaboration for the wider benefit of the sector.
Sustainability through new income generation activities: We will ensure the service remains free for those unable to pay.

Together, we will continue to inspire action based on care, compassion, and concern for our planet, creating a brighter future for all.

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(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

STATEMENT OF TRUSTEES' RESPONSIBI LITIES

The trustees (who are also the directors of Reach Volunteering for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

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 accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company 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 governing the preparation 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 of the Companies Act 2006.

By order of the Council of Management:

8/27/2025 Jane Ide Chair Date

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(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Reach Volunteering

Independent Examiner's Report to the trustees of Reach Volunteering ('the Company')

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 2024.

Responsibilities and basis of report

As the charity’s 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 Companies Act 2006 (‘the 2006 Act’).

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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.

I have completed my examination. 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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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 other 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.

...................................... John O'Brien MSc, FAIA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

8/28/2025 Date:.............................

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(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

	Unrestricted Total Total
	funds Restricted funds 2024 2023
Note	£ £ £ £
Income and Endowments from:
Donations and legacies 2	163,393 - 163,393 148,027
Charitable activities 3	238,140 87,160 325,300 331,455
Total income
	401,533 87,160 488,693 479,482
Expenditure on:
Raising funds 5	(22,187) - (22,187) (21,355)
Charitable activities 6	(407,683) (78,578) (486,261) (438,417)
Total expenditure
	(429,870) (78,578) (508,448) (459,772)
Net(expenditure)/income
	(28,337) 8,582 (19,755) 19,710
Net movement in funds
	(28,337) 8,582 (19,755) 19,710
Reconciliation of funds
Total funds brought forward
	321,278 - 321,278 301,568
Total funds carried forward 15
	292,941 8,582 301,523 321,278

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 15.

The notes on pages 16 to 27 form an integral part of these financial statements.

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(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

These are the figures for the previous accounting period and are included for comparative purposes

	Unrestricted Total
	funds Restricted funds 2023
Note	£ £ £
Income and Endowments from:
Donations and legacies 2	148,027 - 148,027
Charitable activities 3	256,154 75,301 331,455
Total income
	404,181 75,301 479,482
Expenditure on:
Raising funds 5	(21,355) - (21,355)
Charitable activities 6	(363,116) (75,301) (438,417)
Total expenditure
	(384,471) (75,301) (459,772)
Net income
	19,710 - 19,710
Net movement in funds
	19,710 - 19,710
Reconciliation of funds
Total funds brought forward
	301,568 - 301,568
Total funds carried forward 15
	321,278 - 321,278

The notes on pages 16 to 27 form an integral part of these financial statements

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(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Balance Sheet as at 31 December 2024

	2024 2023
Note	£ £
Fixed assets

Intangible assets 9	82,735 -
Tangible assets 10	- 1,957
	82,735 1,957
Current assets

Debtors 11	16,201 43,629
Cash at bank and in hand 12	284,637 311,208
	300,838 354,837
Creditors: Amounts falling due within oneyear 13
	(82,050) (35,516)
Net currentassets
	218,788 319,321
Netassets
	301,523 321,278
Funds of the charity:
Restricted income funds

Restricted funds 15	8,582 -
Unrestricted income funds

Unrestricted funds	292,941 321,278
Total funds 15
	301,523 321,278

For the financial year ending 31 December 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

8/26/2025 The financial statements on pages 13 to 27 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

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.........................................
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......................................... Deborah Morton-Dare Trustee

Page 15

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Reach Volunteering

Notes to the Financial Statements for the Year Ended 31 December 2024

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Reach Volunteering meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Exemption from preparing a cash flow statement

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Page 16

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

The donor specifies that the grant or donation must only be used in future accounting periods; or
The donor has imposed conditions which must be met before the charity has unconditional entitlement.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Intangible assets

Intangible assets represent the Drupal upgrade and are stated in the Balance Sheet at cost less accumulated depreciation. They are depreciated on a straight line basis over 7 years.

Page 17

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

Tangible fixed assets

Individual fixed assets costing £1,000 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

value, over their expected useful economic life as follows:
Asset class	Depreciation method and rate
Computer equipment	33% Straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 18

(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 19

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

2 Income from donations and legacies

2 Income from donations and legacies
	Unrestricted
	funds	Total	Total
	General	2024	2023
	£	£	£
Donations and legacies;
Donations from individuals	15,118	15,118	43,825
Gift aid reclaimed	2,592	2,592	-
Grants, including capital grants;
Grants from other charities	114,800	114,800	104,000
Grants from companies	30,883	30,883	202
	163,393	163,393	148,027

3 Income from charitable activities

	Unrestricted
	funds	Restricted		Total	Total
	General	funds		2024	2023
	£	£		£	£
Grants & donations	-	87,160		87,160	75,301
Trustee works	160,955		-	160,955	196,551
Service fees	77,185		-	77,185	59,603
	238,140	87,160		325,300	331,455

4 Grants & donations

4 Grants & donations
	Unrestricted
	funds	Restricted	funds	Total
	£	£		£
City of London Trust	-		72,220	72,220
Social Business Investment Trust	-		14,940	14,940
Garfield Weston	44,000		-	44,000
Haramead Trust	5,000		-	5,000
The Broyst Foundation	2,000		-	2,000
PF Charitable Trust	3,000		-	3,000
The Peacock Charitable Trust	10,000		-	10,000
Clothworkers Company	30,000		-	30,000
Anonymous donation	10,000		-	10,000
The Paul Hamlyn Foundation	25,000		-	25,000
The Harold Hyam Wingate Foundation	3,500		-	3,500
The Charities Trust	10,000		-	10,000

Page 20

(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

	Unrestricted
	funds	Restricted	funds	Total
	£	£		£
The Lady Hind trust	1,000		-	1,000
Marsh Charitable Trust	1,300		-	1,300
Corporate donations	883		-	883
Personal donations	15,117		-	15,117
Gift aid	2,593		-	2,593
	163,393		87,160	250,553

5 Expenditure on raising funds

5 Expenditure on raising funds	5 Expenditure on raising funds
a) Other costs of generating donations and legacies
Unrestricted
funds Total Total
General 2024 2023
Note £ £ £
Allocated support costs 22,187 22,187 21,355
6 Expenditure on charitable activities
	Unrestricted
	funds Restricted Total Total
	General funds 2024 2023
	£ £ £ £
Direct staff costs	298,000 31,990 329,990 356,197
Premises	3,409 - 3,409 5,188
IT & communications	36,418 28,470 64,888 20,827
Other overhead costs	50,234 18,118 68,352 48,807
Legal & professional fees	304 - 304 316
Independent examination	1,500 - 1,500 3,696
Increase in pension scheme liability	2,071 - 2,071 -
Depreciation	15,747 - 15,747 3,253
Finance costs	- - - 133
	407,683 78,578 486,261 438,417

Page 21

Notes to the Financial Statements for the Year Ended 31 December 2024

7 Net incoming/outgoing resources

Net (outgoing)/incoming resources for the year include:

7 Net incoming/outgoing resources Net (outgoing)/incoming resources for the year include:
	2024 2023
	£ £
Depreciation of fixed assets	15,747 3,253
8 Staff costs
The aggregate payroll costs were as follows:
	2024 2023
	£ £
Staff costs during the year were:

Wages and salaries	341,139 330,946
Social security costs	29,003 27,494
Pension costs	20,360 17,135
	390,502 375,575

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

was as follows:
	2024 2023
	No No
Average number of employees	11 10

11 (2023 - 10) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £20,360 (2023 - £17,135).

The number of employees whose emoluments fell within the following bands was:

	2024 2023

£60,001 - £70,000	1 -

The total employee benefits of the key management personnel of the charity were £115,323 (2023 - £144,108).

Page 22

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

9	Intangible fixed assets
		Drupal upgrade	Total
		£	£
Cost
Additions		96,525	96,525
At	31 December 2024	96,525	96,525
Amortisation
Charge for theyear		13,790	13,790
At	31 December 2024	13,790	13,790
Net book value
At	31 December 2024	82,735	82,735
10	Tangible fixed assets
		Computer
		equipment	Total
		£	£
Cost
At	1 January2024	9,759	9,759
At	31 December 2024	9,759	9,759
Depreciation
At	1 January 2024	7,802	7,802
Charge for theyear		1,957	1,957
At	31 December 2024	9,759	9,759
Net book value
At	31 December 2024	-	-
At	31 December 2023	1,957	1,957
11	Debtors

Page 23

(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

	2024	2023
	£	£
Trade debtors	5,604	34,332
Prepayments	10,004	9,297
Other debtors	593	-
	16,201	43,629
12 Cash and cash equivalents
	2024	2023
	£	£
Cash at bank	284,637	311,208
13 Creditors: amounts falling due within one year
	2024	2023
	£	£
Trade creditors	21,206	4,507
Other taxation and social security	9,814	19,878
Other creditors	2,692	2,414
Pension scheme creditor	4,039	1,968
Accruals	3,299	6,749
Deferred income	41,000	-
	82,050	35,516

14 Charity status

The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

Page 24

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

15 Funds

15 Funds	15 Funds
Balance at 1 January 2024 Incoming resources Resources expended Transfers Balance at 31 December 2024
	£ £ £ £ £
Unrestricted funds
*General*

General fund	201,278 401,533 (429,870) 96,525 269,466
*Designated*

IT development	120,000 - - (96,525) 23,475
Total unrestricted funds
	321,278 401,533 (429,870) - 292,941
Restricted funds

Social Business Investment Trust	- 14,940 (6,358) - 8,582
CityBridge Foundation	- 72,220 (72,220) - -
Total restricted funds
	- 87,160 (78,578) - 8,582
Total funds
	321,278 488,693 (508,448) - 301,523


	Balance at 1 Incoming Resources Balance at 31
	January 2023 resources expended December 2023
	£ £ £ £
Unrestricted funds
*General*

General fund	181,568 404,181 (384,471) 201,278
*Designated*

IT development	120,000 - - 120,000
Total unrestricted funds
	301,568 404,181 (384,471) 321,278
Restricted

London and North East support	- 75,301 (75,301) -
Total funds
	301,568 479,482 (459,772) 321,278

Page 25

(Limited by Guarantee)

Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Notes to the Financial Statements for the Year Ended 31 December 2024

The specific purposes for which the funds are to be applied are as follows:

Social Investment Business Trust - consultancy to establish investment readiness

City Bridge Foundation and London and North East support - represents specific grants received to support charities in these locations.

The designated fund was created to provide funds for the Drupal upgrade to the website.

The transfer represents the part of the designated fund expended in 2024 on the Drupal upgrade.

16 Analysis of net assets between funds

Unrestricted

	Unrestricted
		2024
	General Designated	Restricted Total funds
	£ £	£ £
Intangible fixed assets	82,735	- - 82,735
Current assets	268,781 23,475 8,582 300,838
Current liabilities	(82,050) - - (82,050)
Total net assets
	269,466 23,475 8,582 301,523
	Unrestricted
	General 2023 Total funds
	£ £
Tangible fixed assets	1,957 1,957
Current assets	354,837 354,837
Current liabilities	(35,516) (35,516)
Total net assets	321,278 321,278

17 Fees payable to independent examiner

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Plus are analysed as follows:
	2024 2023
	£ £
Independent examination	1,250 1,200
	1,250 1,200

Page 26

(Limited by Guarantee) Report of the trustees (incorporating the Report of the directors) for the year ended 31 December 2024

Reach Volunteering

Notes to the Financial Statements for the Year Ended 31 December 2024

18 Taxation

The charity is a registered charity and is therefore exempt from taxation.

19 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

20 Related party transactions

There were no related party transactions in the year.

21 Fixed asset investments

Details of undertakings

Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows:

are as follows:
	Country of			Proportion of voting rights		Principal
Undertaking	incorporation	Holding		and shares held		activity
				2024	2023
Subsidiary undertakings
						Trading
Reach Consulting Limited	England & Wales	100 shares	Ordinary	100%	100%	activity to support the
						charity

Subsidiaries

The profit for the financial period of Reach Consulting Limited was £Nil (2023 - £Nil) and the aggregate amount of capital and reserves at the end of the period was £Nil (2023 - £Nil).

Page 27