REGISTERED COMPANY NUMBER.. 01604168 (England and Wales) REGISTERED CHARITY NUMBER: 287732 Re ort of the Trustees and Unaudited Financial Statement¥ for the Year Ended 31 March 2025 for ion win on Monahans Chartered Accountants Hemies House Fire Fly Avenue Swndon Wiltshire SN2 2GA
Volunta Action Swindon Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees 1 to 11 Independent Examiner's Report 12 ststement of Financial Activities 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the Cash Flow Statement 16 Notes to the Flnanclal Statements 17 to 26
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 OBJECTIVES AND ACTIVITIES Obj8Ctives and aim5 The charity'5 purpose and it5 principal 8clivity continues to be that of promoting any charitable purpose ft>r the benefit of the community in the Borough of Swndon. As the Council for Voluntary Service ICVSI in Swindon. we fulfil our role by offering funding and governan guidance, acting as a responsible landlord to 11 charities and 2 ststutory teams across hvo sites. and provide signposting. training, and a range of othei support services. We represent the voice of Swindoll's voluntary sectoi across multipl& platForm5 and actively promote collaboration both within the sector and with statutory services. In addition, we work alongside Swindon Borough Council to help deliver its equality commitments-ensuring the community's equality voice is heard. Like other CVSS, we also play a vital role in engaging and representing the voluntary sector wlhin the local Inlegraled Care System. induding through our seal on the Inlegraled Care Board. Our diied delivery includes". The Swndon Shopmobility Service helping people with mobility issues to continue to access town tre shops and facilities independently. We had an average of 165 bookings per month during 2024- 2025. This is 51ighUy down from the year 2023 2024 wth an average of 183 monthly bookings. This is partial due to the downturn in Shops and facilities in the town centre. We see this increasing again Mnth the opening ol the new bus station facilities and regeneration of some areas of the town centre. Since 2022, we have delivered a valuable navig*ion role for Swindon Veterans, supported by 8 grant from the
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 Sanford House is a recognised, respected, and inclusive Community Hub in Swindon, known for its strong connedions and positive impact. We will remain ils head lease holder until June 2026. during which lime we wll work with the charities we sublease to, and the local aLJthonty supporting the charitie5 in finding 5Ultable new premise5 before our tenure ends. John Streèt John Street is fully ulilised. We lease offices lo two charities within the building and rent rooms for Swindon Borough Council's Adult Learning team and provide advice and support to the local community. Conference Facilities VAS is a recognised provider of professional conference facilities and other services for the voluntary and cornmunity sector in Swindon providing a high quality, value for money. responsive service lo all of ils stakeholders. Connected and Valued VAS is a well-known, respected and valued partner and voice for the Swindon Community Sector working to ensure that the sector is understood, connected and a valued partner in integrated health and wellbeing service provision in Swindon. This year we have been working towards a recognised Kite Mark which we expect lo complete in May this ye8r. Our sectoi survey endoise5 and Is available to view on our website. Income VAS has diversified income streams but remains a valued and funded Swindon Borough Council setvice for the Community Sector. Equality and Diversity VAS. equality work continues to raise awareness, support the voluntary sector in breaking down barriers, and helping make Swindon become a more inclusive town. Shopmobility Shoptnobility is a valued, high quality and well-known service for people wrth rnobilty iSSLJes, enabling those wrth mobility issues access to Swindon town centre. We take annual feedback to improve the service - these are some of the comments from this yearfs survey. 'The staff are all lovely and helpful. There is 8lways 8 scooter and parking available. Il's great." 'It enables my wife and I to come to the town centre, knowing that we can get about easily.. Quality of Delivèry We measure the success of our delivery through feedback. surveys and the level of awareness the sector has of VAS. Our quartedy reports to Swindon Borough Counal provide feedback from those using our services, induding." 'Thank you for that. An arnazingly detailed reply. Extremely helpful." In relation lo governance advice provided during Q1 of this financial year. Page 3
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 OBJECTIVES AND ACTIVITIES Significant activitles From its premises at 1 John Street and through its landlord responsibilities for Sanford House Communty Hub, Voluntary Action Swindon provides a wide range of servi$ to voluntary and community organisations in the Borough of Swindon. These include.. Funding and governance advice service. Veteran navigation service, drop-in, support services and social activities. Trustee network.. including training, advice and guidance. Volunteer brokerage. Shopmobility service. Swindon Youth Voice. Championing equality, diversity and indusion in Swindon. Providing a Vol on behaK of the voluntary sector. Representing the sector and ensuring its role as a valued partner in the Integrated Gare System. This is a comment from Age UK. "thank you so much for being 8 strong voice for the voluntary sector. You have done this with cl8rity, and fail challenge. Thank you for being there for us all. Encouraging and supporting collaboration between the sector and the statutory services. Facilities Management. Meeting room hirelfacililalion of training space. Support services including DBS check tscilitalion and a printinglcopying service. - Weekly e-newsletter. Key information dissemination through our website and social media, Lrtilising our extensive CRM to target infomation lo specific sectors of the VCSE. Community feedback and consultations through surveys and focus groups funded by our National Lottery funded 'People Like Me, project. - Sectoi Survey. Community research and feedback. Public benefit By achieving our aims Voluntary Action Swindon IVAS) deliver5 public benefit.. indirectly by helping the br08d lange of charities and other voluntary organisations within the Borough of Swindon. Our range of help to inform these charities, build their capaaty and maximise their resources to deliver their valuable services within the community. Directly through our Shopmobility, Veteran Support, Youth Voice and'People Like Me. programmes. The Trustees hav8 paid due regard to the Charity Commis5ion'5 Guidance on Public 88nefit In deciding what activitl8S the charity should undertake. The Trustees consider that they have acted in the public benefit. Page 4
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENTS AND PERFORMANCE Charitable activities Funding and Governance Support Over the year we have dealt with 591 requests for help, across 208 organisations from the Swindon Voluntary and Community Sector. This includes funding and governance help and engagernent with a wide range of other issues. We send out weekly funding information to Voluntary Sector organisations using our database lo target those that are adively looking for funding. This year we sent out 2452 funding Infoirnation emails with links to fundeis. We also continue to share important infomation with and between the sector through our weekly newsletter VAS-ID, with subscribers reaching over 800, through our website and our social media feeds. Dlrectory of Servlces We have created a new directory of services along with an interactive map for Swindon to a55et map locally available services. This is live on our website, is interactive and will be continually updated and developed as the Community Connectors asset rnap the areas they are working and living in. Research Engagement NeOrk IRENI Project In partnership with the Integiated Care Board's Research and Cotnrnunity Engagement Project Manager, we have been awarded £10k to enhance our People Like Me, Community Connector Programme. This has enabled us to begin working wth Bath University and Aardman Animation to support research into young people and the impact social media has on Iherll and their body irllage. Swindon Crisis Fund with Kennet Furnitu Refurbiz IICB Health Inequalities Funding) The VAS Swindon Crisis Fund, working in partnership wrth Kennet Furniture Refurbiz, Citizens Advice and the Swindon Borough Council Live Well Hub, continues to provide a much-needed service for those experiencing poverty and related he81th challenges in Swindon. Since the launch in April 2023, it has responded to 340 (to March 20251 referrals from residents wlh 63°h living in the rnosl 10 /) deprived Local Super Qulput Areas ILSQA'SI nationally and 85°/0 in the 6 most deprived LSOA'5 in Swindon. EQUALITY, DIVERSITY & INCLUSION IEDII A new Inclusion. Collaboration and Community Developrnent Manager was successfully appointed in the first quarter of 202412025. Equality work during the year induded.. Developing the Inclusivity Network Swindon and merged wlh the Equality Coalition to better reflect ils proactive approach lo the EDI agenda. The Inclusion Network isnl so much about raising issues regarding equality bLrt looks lo be proactive in supporting engagement and coproduction adivities in an inclusive manner and also to upskill the sector with training opportunities. Supported an initiative to promote an Easy Read by Default readable Al powered translation tool to the sector. Under a new'People Like Me, project. we recruited Cornrnunily Connectors from 4 of Swindon's most deprived areas. The idea being that they represent the areas where they live and have a vested interest in seeing improvements al glass roots level. Being part of the solution, rather than being 'done to,. All have been through a thorough induction. Three were funded by National Lottery and one through REN funding. It was agreed that the health research could be split across 4 Community Connector roles, giving us 4 Community Connectors in 4 of the most deprived areas of Swindon. Representation on the steering group and operational group for a Swndon Based Placed Project lead by WASP Iwihshire and Swndon Sport). This is the development stage for money coming to Swindon from Sport England to get people closer to activity. Carried out community consultation events lover 301 in the 7 identified areas of the Swindon Placed Based Project to find out community views on what is stopping people from being active. This work wll feed into the full bid going to Sport England later this ye81. This work w8s Suss[u11Y o8riied out by 4 mernbers of the VAS team and included survey, drop-ins, door knocking and leaflet drops to gather as many views as possible to feed into this project. The Equality, Diversity and Collaboration Manager applied for, and was accepted, as one of only 12 representatives on national programme through NAVCA, Allyship Champions, to increase the access to resources lor local cornmunity org8nisation. We hosted a special 2-hour Tearns workshop wth 40+ mernbeis of all three placed b85ed VCSE leadership alliances th the ICB in February to get VCSE input to the NHSE 10-year plan consultations. VAS, on-going collaboration work indudes facilitating several networks lor the local voluntary sector induding when newly commissioned providers move into Swindon to ease this transition within the VCSE. COLLABORATION Swindon Voluntary, Community and Social Enterprise (VCSEI Leadership Alliance VAS has continued to lead the Swndon VCSE Leadership Alliance network, made up of over 60 leaders from VCSE groups in Swindon. Page 5
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 Four virtual meetings took place during the year sharing.. Updates on relevant Integiated Care System activities.. o Procurement ol community-based health services and potential role lor VCSE. o Integrated Neighbourhood Tearns 8nd Team around the person. o Phannacy. Ophthalmology and Denlislry. o Health Inequalities Funding. o New Mental Health Strategy. o NHSE targets- short rather than long tem. o New NHSE Quality Developrnent Tool. o Planned Sport England investment into dis8dvant8ged wards in sndon. o Swindon Crisis Piovision Fund. o ICA hypertension work and role ofthe VCSE. o HCRG presentation on new Community Services contract in Swindon. o How to report a rough sleeper. o Swindon Borough Council Designated Lead- managing and reporting 58feguarding allegation5. - A'special, VCSE Alliance meeting was held in November vAth the new Swindon Labour MPS who shared their priorities for Swindon. followed by a Q&A with the following topics.. o Government directing people for support to claim Pension Credit to Age UK with no capacity funding. o The incie8se in Employer National Insurance contributions and the impact on the VCSE. BSW Integrated Care System IICSI VCSE Alliance Our Strategic Lead lor Integrated Care attends the BSW VCSE Alliance of the four infrastructure organisations regularly, and also meets with the BSW Executive monthly, joined by Healthwatch colleagues. The types of areas discussed are.. Integiated Care 808rd (IC81 restructuring Quality Dev8lopm8nt Tool. - VCSE Commissioning. - VCSE Action Plan. Future Funding for CVS'S. Bath land North E8St Sorneisetl. Swindon and Wiltshire IBSWI People Plan. VCSE representation on various group5. KPI'S for VCSE Alliance VCSE members. Health Inequalities Funding. Integrated Neighbourhood Teams Blueprint. Vaccination Confidence Grant5. EngageTnent Mapping. Provider Selection Regimel Section 75 Funding. ICB Delivery Plan. Voluntary and Community Sector Emeryencies Partnership IVCSEP We continue to engage In this national partnership funded by cential govemtllent and led by the Brrtish Red Cross, to better co-ordinate the VCSE response to national and local emergencies. VAS Trusteè Network Fiotn a Trustee Network surv8y, we 8SC8rt8ined rn05t rn8tnbers would like to have rn8etings on a qLJart8rly basis, for in-person workshop and skills developrnent. There are currently over 60 members of the Tiustee Network. VAS continues to have support pages on our website, and to proactively send out govemance updates and relevant information on training and development. Eventslworkshops VAS hosted a range of workshops through Swindon Trustee Nefvlork induding.. Introduction to Bid Writing. - Al Grant Writer Demonslralion and CRM Management. Cybèr Crime Prevention Session. Trusteeship and Volunteeiing. The Roles and Duties of Trustees Online Meet the Funder Session Essential Policies and Produre$. Volunteei and Trustee Recruitment. - HRIEmployment Law. Health and Safety Seminar for Charity Trustees and CEOS. Our 'Meel the Funderf event held on 12th M8r¢h attracted over 60 8ttendees. 5 local 8nd national fvnders attended to present their funding programmes, then attendees had the opportunity to meet the funders for a 1.1 session. Page 6
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 VOICE FOR THE VOLUNTARY SECTOR VAS ha5 continued to provid8 input 8t and provide a voice for the sw.ndon local Voluntary Sector at a variety ol Boards and Forums.. Health and Wellbeing Board Early Intervention. Youth and Strategic Partnership Bo8rd Swindon Safeguarding Board and Partnerships foi Children and AdUS Safeguarding Wiltshire and Swindon Comms Group Safeguarding Learning and Development Group Integrated Neighbourhood Teams Steering Group Broad Green Action Cornmunity Group (Clear, Hold, Build) SBC Cotpoiate Peer Challenge Corporate Parenting Board SBC Quality Assurance Framework - VASISBC Partnership meeting with CEO of SBC Let's Talk Swindon Event Swindon Place-Based Strategic Steering Group Swindon Adult Learning Advisory Board Swindon Rough Sleepers Forum Feeding Swndon Partnership South Wesl Apprenli¢eship Ambas58dor Network ISWAANI rneeling Get Swindon Active Swindon and Wiltshire Domestic Abuse Comms Panel Various strategic interview stakeholder panels Volce for the Voluntary Sector Sn the Integrated Care System VAS. along wth rnost of the other Councils foi Voluntary Service's ICVS'518cross England. h8s been heavily involved with making sure that the VCSE voice is represented at Integrated Care Systems, specifically for Swindon on the Bath and North East Somersel IBaNESI, Swindon and Wiltshire IBSW). We have continued to be part of the BSW VCSE Leadership Alliance at systern level with CVS colleagues frorn BaNES and Wiltshire. We have engaged other memb8rs of the s8Ctoi wrth thi5 Work with representation on gioups, tog8ther with over 60 organisations who form the Swindon VCSE Leadership Alliance. We are also working regionally with other CVS colleagues involved in the Integrated Care Systerns in the South West and nationally with other CVS colle8gue5 and our umbrella organisation NAVCA IN8tion81 Association of Voluntary and Community Action) and a dedicated teatn within NHS England to ensuie that the VCSE 15 a valued partner in integrated care. Voic8 at Integrat8d Care M8etings At system level a VAS team membei is the VCSE p8rtner mernb81 on the BSW ICB Bo8rd. Other sy5t8tn level meetings include the Integrated Care Partnership, the Children and Young People Delivery Gioup, the Cornrnunity Care Delivery Group, the Population Health Board and others as well as regular meetings between the system VCSE Leadership Alliance and a representative from the BSW ICB Executive team. FACILITIES MANAGEMENT Sanford House We have continued to effectively manage Sanford House under a management agreement wth Swindon Borough Council as a community hub of 9 charity tenants and Swindon Borough Council's Live Well Team. We were also able to offer educational training space for various organisations including the adult learning team within Swindon Borough Council. We will continue to be the head le8se holder until the lease ends on 30th June 2026. John Street We have also continued to manage our own building in John Street wth a further 2 charity tenants and a long-temi booking frorn SBC'S Adult Learning team. Conference and meeting room hire We continue to accommodate a wde range of meetings and tiaining sessions acitsss our John Street and Sanford House venues, such as adult learning courses, First Aid courses and events to support our Trustee Neork. We introdud a new on-line booking system. Lemon Booking, this allows customers lo directly book their own rooms. Thi5 was intiodLJced in Septetnber 2024, Since then we have had 2347 booking5. CHAMPIONING APPRENTICESHIPS Page 7
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 We have been able lo lake on another Level 3 Business Admin apprentice to backfill. which was fvnded through a National Lottery uplift grant. This apprentice is due lo Complete their apprenticeship in August this year and we will be offering them lull time employment. They were also shortlisted as Apprentice of the Year at the South West Awards, which was attended by 2 members of staff. We continue to send relevant information out to the sector and give advice and support to the sector when taking on an apprentice. VETERAN SIGNPOSTING We are in the final year ol a two-ye81 furlding grant from the Veterans, Foundation which enables us to sustain this navigation service lor veterans living In Swindon. We have forged meaningful connections with the ielevant welfare services and run face to face sessions monthly in the form of drop-ins and social activities. The veterans can take part in pottery and painting. this encouraged other veterans lo join for their general wellbeing We received additional support from Zurich CommLJnity Trust which enabled us to host Christrnas activities and day trips for the veterans. We also secured some additional funding lo enable us to provide digital learning session and a¢$$ to IT equipment through the Good Things Foundation. which was well received by the veterans. Some of whom requested this support. Voluntary Action Swindon attended a ceremony in October 2025 and were presented with a certrficate by the Lord Lieutenant of Wiltshire after being successful in achieving the Armed Forces Employer Recognition Scheme Silver Award. SHOPMOBILITY We have continued to sustain the valuable Swindon Shopmobility Service since statutory funding ceased at the end of 2021. The service does not generate sufficient income from rental and scooter servicing to cover the necessary core costs, so we continually look lor additional incorne to support this service and are also looking to expand our service offer lo provide off-site servicing of piivalely owned rnobility 5ooolers. Café Mobility Café mobility was set up in the carpark of Sanford House, with the idea of raising enough income to support the Shopmobility unit. This proved not to be financially viable, and the Board took the decision to sell the unit in September 2024. 11 was sold for £12k lo a local charity. OTHER PROJECTS AND SERVICES Safer Street¥ I Wiolence Again8t Women and Girls (VAWGI Our work on this project was finalised in May with a celebration event. Our survey reports have been used by statutory services to secure addition81 funding into the town. These reports are available to view on our website. Disclosure and Barring Service Umbrella body We continue to support charities and volunteers by providing a DBS umbrella service, proSSIng 151 DBS checks, also attracting 12 new organisations during this finanaal year. Sector SuNey Voluntary Action Swindon is commissioned by Swindon Borough Council tts provide support the voluntary and community sector of Swindon. For us to capture the most relevant data and ensure we are providing a quality service, we carry out a sector survey every two years. The latest survey closed on 23rd April. Results from this will be shared th the sector 8nd published on our website. Printing and Copying Service We have continued to offer our competitive printing and copying service to smaller organisations when needed, which is completed by volunteers and overseen by staff. FINANCIAL REVIEW Financial position Totsl funds on 31 March 2025 were £421,519 of which £118,847 were restricted. Funds held as fixed assets were £80,924. Designated funds toial £213,000. Page 8
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Prlncipal funding sources Our principal funding sources are.. Commissioned grant income frorn Swindon Borough Council to deliver our core infrastructure support to the sector. Grant income through a rnan8gement agreement with Swindon Borough Council lo manage Sanford House as an effective cotntmunity hub. Confirmed to end June 2026. National Lottery giant to provide additional capacity foi three years from November 2024 - December 2027. National Lottery grant to support the new Youth vol Project 202>2027, was extended by one year. Grant from the BSW ICB for our VCSE representation in the system. Veterans Foundation and Armed Forces Covenant Fund Trust provides funding for the salary of our Veteran Support Navigator and fund5 activitie5 for the veterans. Other small grant income. Trading Income, including room hire and tenant income. Investment policy and objeetives The investment policy and objectives are agreed by the Board to minimise risk by spreading the investment of reserves to maximise the protection through the Financial Services Compensation Scheme protecting the first £85,000 of any savings. This also maximises return whilst ensuring available cash flow to meet liabilities and to be able to respond to emergency building repair issues. Principal risks and uncertainties The Board review the principal risks for the charity on a regular basis and put strategies in place to manage these iisks. Our top risks at this point are.. Losing the opportunity lo manage Sanford House confirmed as June 2026- mitigated by working with the local authority lo find a suitable 10¢8lion foi the Charities that are working from Sanford House to move out into the wmmunity. This 11 also impact on our Shopmobility seivice, we are in discussion with the local authority to re site this unit, which is in the carpark of Sanford House. Business Conlinuily - we refresh the curienl Business Conlinuily Plan annualty. A key risk is the development of John Street as a residenti818rea, and the polentl81 impad this will h8ve on our building. We Continue lo monitor the building work within the aiea", we have funding in reserves to pay for legal advice if necessary. We also have an old heating system, and we have kept reserves in place to manage this should the current heating System break down or need replacing. Succession planning is always a challenge with a small team but is continually monitored and we encourage growth and promotion. One of our apprenti$ is now our Volunteer and Digital Marketing Co-ordinator and we have back filled with another apprentice, who completes her apprenticeship in August and will join the team as a Marketing, Cornmunication and Admin Qfficei. We have increased our training piogramme with sl8ff, to ensure we have experienced and trained staff to grow with th8 organisation. Reseryes policy Factors likely to affect future financial performance or position are mitigated by an adequate reserves policy.. Most of VAS'5 Income corne5 frorn the local authority, 5upplernented by grant income and trading income through room hire, car park space rental, training and Shopmobility custom. Should circumstances in the future mean that this income redu$ or is impacted, VAS would have to seek new funding sources at a sufficient level to enable it to continue to deliver ils charitable aims. The Trustees feel it is necessary to keep a minimum of six months and ideally twelve months operational costs in reserve as well 83 financial provision lo cover any necessary reslrucluring if necessary. In addition, any restricted funds are held In reserve to enable us to fulfil our funding obligations. Currently restrictive fund5 Stand at £118,847 and an operational reserve at £138,000. The operational reserves currently amount to 6 months running costs. Property Maintenance Fund The Ttustee5 recognise the age of 1 John Street and its deterioiating infr8sttucture where tnost of the VAS tearn and some tenants are based. They feel that it is appropriate to hold some ieserve in anticipation of urgent repair of the cost of temporary facilities should the repair work render the current office environment uninhabitable during renovation to ensure conlinuily ol service. Current reserves held for this £50.000. New Property Fund In the longer term, given that 1 John Street is in area earmarked for redevelopment, any sale and purchase of new premises will require legal and surveyor costs andlor temporary office accommodation during any renovations. The Trustees have decided to rnake a provision of £25,000 for this to ensure conlinuily of service. Page 9
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 FUTURE PLANS Our key objectives for the next year include continuing.. To secure additional funding to grow and sustain the organisation. To develop and grow our valued 'People Like Me, project beyond the initial one year pilot. To continue to develop our Youth Voice Project. To provide responsive and proactive funding and governance advice. To chaTnpion equality and diversity and Inclusion. To ensure that the Swindon VCSE is a valued partner in the Swindon Integiated ca Alliance. To ensure that the VCSE is a valued partner in the broader BSW Integrated Care System and in the new ICB Cluster arrangement. - To be a representative voice for the Swindon VCSE on Boards and Forums. To signpost veterans to services in Swindon and develop the requested activities for veterans and to seek ongoing sustainabilrty for this work. To continue working with Wittshire and Swindon Sport IWASPI to support additional funding coming into Swindon via Sport England lo encourage people to becoming more active via our 'People Like Me, Community Connector programme. To develop our Corporate Volunteering offei to generate and sustain this offer. - To seek funding to develop our community work for o>production with the people of Swindon, which forms part of our new strategic plan. - To sustain the Swindon Shoprnobilily Service and secure a new site. To support the charities wlhin Sanford House to become iehoused in suitsble locations within Swindon's cornmunity following its closure in June 2026. - To sustain and grow existing and build new collaboration networks. To explore and develop our'paid forf services as a way of generating additional income. To champion apprenticeships in the Voluntary Sector. To invest In training 8nd developing the VAS team. To recruit 118w Trust8es with th8 necessary skills, repi85ent8t1118 of the div8f5ty of Swindon's population. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document Voluntary Action ndOn is a charit8ble wmpany. limited by guarantee. The charitable Company w85 established under Memor8ndum of Association, which sets out the obje¢ts and powers of the Qharitsble oompany 8nd is governed under its Articles of Association. Recruitment and appointment of new trustees We aim for VAS the Board to be represenlalive of the oommunity we support wlh the appropriate range of skills and experience 8nd 8 VAS team of staff and volunteers th8t reflects the diversity of the town th8t 15 Sufficient resourced, experienced, and respected. We do have work to do in recruiting a more diverse board, now we have 5 white, male trustees. We will be advertising for more diversity, and we are also looking to include young trustees from our Youth Project. Organisational structure Members support the aims of the organisation and are invited to the Annual General Meeting. Members elect the trustees, and these individuals are also company directors. The members of the Board are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting. They are able to sit for a maxirnurn of 5 lenns. In the event of the chaiitable wmpany being wound up. members are iequiied lo contribute an arnoLJnt not exce8ding £1. Voluntary Action Swindon can have a Board ol up to 12 members who meet on a regular basis and are responsible for the strategic direction and policy of the charity. At present there are 5 members of the Board from a variety of professional backgrounds relevant to the work of the charity. The CEO also allends Board meetings but has no voting rights. The Board and the CEO work to an agreed delegation document. Induetion and training of new trustees An induction pack has been prepared, drawing inlormation from the various Charity Commi55ion publications. This is distributed to all new tiustees along w(th the Memorandum and Articles, and the latest financial statements. As part of a planned Trustee Induction training programme. Training is made available to trustees throughout the year, and they are encouraged to attend external events. Page 10
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Re ort of the Trustees for the Year Ended 31 March 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Key management remuneration The Chief Executive Officer undertakes annual external benchmarking ol salaries and shares the Sour data output from this wth the Board of Trustees. Each employees, salary is benchmarked to a market rate, and, within affordability, the Trustees strive to adjust salaries annually with the airn of moving competent and eXperIend staff lo as close to the middle market rate as possible. Fundraising Standards As a charity we do not carry out signrficant fundraising activities but are aware of the Fundraising Standard requirements and would seek to adhere to them at all tirnes. Rlsk management The ttustee5 have a duty to identify and review the risks to which the charity Is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 01604168 (England and Walesl Registered Charity number 287732 Reglstered offlce 1 John Street Swindon Wiltshire SN1 1RT Trustees D Bell R Barrett M Flay S H&nderson S Bames N O'Reilly Meredith (appointed 21.5.251 Chief Executive Officer- C Willis Independent Examiner James Gare FCA DChA Monahans Chartered Accountants Hetmes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Bankers Lloyds TSB Bank PLC S High Street Swindo Wiltshire Approved by order of the board of trustees on and signed on its behalf by.. R Barrett- Trustee Page 11
Indè •nd•nt Exarnine¢s Re ort to thè Trusta*s of Volunta Action Swindon Independent examiner's report to the trustees of Voluntary Action Swindon I'the Company'l I report to the charrty trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Rèsponsibilitiès and basis of raport As the charity's tIU5tees of the Company land also its directors foi the purpose5 of company lawl you are responsibl8 for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied rnyself that the accounts of the Company are not required to be audited under Part 16 of the 20C6 Act and are eligible for independent examination, I report in respect of my exarninalion of your charity's accounts as carried out under Section 145 of the Chaiities Act 2011 Ilhe 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Ad. Indep8ndent examiner's statem8nt sin your charity's gross income exceeded £250,000 your examiner must be a rrember of a listed body. I can confimi that l arn qu8lrfied to undertake the examination becaLJ5e l arn a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my exarllination. I confirm that no matters have come lo rny attention in connection with the exarninalion giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 20(K Act," or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of Section 398 01 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 prinaples 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 ol Ireland IFRS 10211. I have no concems and have come across no other matters in connection wth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. James Gare FCA DChA Monahans Chartered Accountants Hetmes House Fire Fly Avenue Swindon Willshire SN2 2GA Date.. Page 12
Volunta Action Swindon Statement of Financial Activities for the Year Ended 31 March 2025 2025 Total funds 2024 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 117,419 352,209 469,628 364,482 Charitsble activities Funding Advi and Sectoi Support Direct Community Support 30,447 21,198 50,940 81,387 21,198 80,356 31,708 Investrnent income Other income 12.357 25,206 12.357 25,206 5,749 8,902 Total 206.627 403,149 609,776 491,197 EXPENDITURE ON Charitsble activities Funding Advi and Sector Support Direct Community Support 213,008 41,811 293,140 4,647 506,148 46,458 463,562 96,062 Total 254,819 297,787 552,606 559,624 NET INCOMEIIEXPENDITUREI 148.1921 13,374 105.362 113,3741 57,170 168,42n Tran8fers between funds 21 Net movement In funds 134,8181 91,988 57,170 168,427) RECONCILIATION OF FUNDS Total funds brought forward 337,490 26,859 364,349 432,776 TOTAL FUNDS CARRIED FORWARD 302,672 118,847 421,519 364,349 The notes form part of these financial slalernenls Page 13
Volunta Aetion Swindon R• istèrèd numb•r.. 01604168 Balance Sheet 31 March 2025 2025 2024 Notes FIXED ASSETS Tangible assets 15 80,924 88,626 CURRENT ASSETS Stocks Debtors.. aTnounts falling due within one year Cash at bank and in hand 16 17 500 16,113 382,884 979 9,008 455,040 399,497 465,027 CREDITORS Amounts falling due within one year 18 158,9021 1189,3041 NET CURRENT ASSETS 340,595 275,723 TOTAL ASSETS LESS CURRENT LIABILITIES 421,519 364,349 NET ASSETS 421,519 364,349 FUNDS Unrestricted funds Restricted funds 21 302,S72 118,847 337,490 26.859 TOTAL FUNDS 421,519 364,349 The charitable company is entitled to exemption from audit under Section 477 of the Cornpanies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 478 of the Companies Act 2006. The Iruslees 8ckNowledge their responsibilities for lal ensuring that the chaiitable cotnpany keeps accounting records that comply wth Sedions 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance wth the requirements of Sections 394 and 395 and which otherwise wmply with the requirements of the Companies Act 2(K)6 ielab.ng to finanaal statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue and were signed on its behalf by". on R Barrett- Trustee The notes form part of these financial slalernenls Page 14
Volunta Action Swindon Cash Flow Statement for the Year Ended 31 March 2025 2025 2024 Notes Cash flows from operating activities Cash generated from operations {96,5131 2,928 Nel cash (used inllprovided by operating activities 196,5131 2,928 Cash flows from investing activities Sale of tangible fixed assets Interest received 12,000 12,357 5,749 Net cash provided by investing activities 24,357 5,749 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 172,1581 8,677 455,040 446.363 Cash and cash equlvalents at the end of the reporting perlod 382,884 455,040 The notes form part of these financial stalernents Page 15
Volunta Action Swindon Notes to the Cash Flow Statement for the Year Ended 31 March 2025 RECONCILIATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net incomellexpenditurel for the reporting period las per the Statement of Finan¢ial Activitie¥l Adjustments for.. Depreciation charges Profit on disposal of fixed 3ssels Interest received Decrease in stocks Decrease in debtors IDecreasellin¢iease in creditors 57,170 168,4271 2,269 16,5671 {12,3571 479 6.294 15,7491 49 28,851 41,910 1137,5241 Net cash (used inllprovided by operations 196,5131 2,928 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash al bank and in hand 455,040 172,1561 382.884 455,040 172,1 382,884 Total 455,040 172,1561 382,884 The notes form part of these financial stalernents Page 16
Volunta Action Swindon Notes to the Financial Statements for the Year Ended 31 March 2025 GENERAL INFORMATION Voluntary Action Swindon is a charitable company limited by guarantee. withoLrt Share capital, incorporated in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member ol the charity. The registered Offi address is 1 John Street, Swndon SN1 1 RT. The principal activities can be found in the Trustees. Report. ACCOUNTING POLICIES Basis of pParIng the financial statements The financial slalements of the charitable cornpany, which is a public benefit entity under FRS 102, have been prepared in accordan with the Gharities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities p18p8ring their accounts In 8ccoidanc8 with the Financial Reporting Standaid applicable in the UK and Republic of Iieland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial staternents have been prepared under the historical cost convention. The financial statements are prepared on 8 going concem basis under the historical cost convention, modified to include certain items at fail value. The financial statements are prepared in sterfing which is the functional currency of the charity and rounded to the nearest pound. Going concern The majority of the charity's income comes from contracts with the local authority which are due to end in June 2026 and the charity will be required to relender for it. Should the organisation fail to win the bids, or the local authority decide not commission an Infraslruclure organis8tion. or the contracts are awarded at 8 lower value lo Iheii current value, this may have 8 deliimenlal impact on the oigani$8tion's opeialions and cash flows. However the charity has unrestricted reserves (excluding fixed assets) ol some £222k and the balance sheet is strong. On this basis, the trustees consider it appropriate to prepare the financial statements on the going concern basis. This assumes that the charity will continue in operational existence for the foreseeable future. In making this assessment the Iruslees have reviewed the balance sheet. the likely fLrture cash flows of the charty and have oonsidered the funds available at this point in lime. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be r1Ved and the amount can be measured reliably. Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the incorne will be received and the amount can be measured reliably and is not deferred. Donations are ie¢ognised on a receivable basis where there is certainty ol receipt and the amount be reliably measured. Where material, donated goods and services are recognised as income when the charity has control over the item, any conditions asSOC18ted with the donated item h8ve been mel. the receipt of econotnic benefit from the use by the charity ol the Item is probable and that economic benefrt can be rnea5ured reliably. On ieceipt, where material, donated goods and services are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market.. a corresponding amount is then recognised in expenditure in the period of receipt. In accoidance with the Charities SORP IFRS 1021, the general volunteer titne is not recognised and iefei to the trustees. annual report for more infomation about their contribution. Exp8nditurè Liabilities are re¢ognised as expenditure as soon as there is a legal or constructive obligation cornrnitting the chaiity to that expenditure, it Is probable that a transfer of economic benefit5 wll be required in settlement and the amount of the obligation can be measured reliably. Expenditu Is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to Particular headings they h8ve been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. Page 17 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES- continued Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful Freehold propety Fixtures and fitting5 2°/0 on straight line basis 25Q/o on Straight line basi5 Expenditure on tangible fixed assets amounting to less than £1000 per item is not capitalised Stocks Stock5 are valued at th8 lower ol cost and net 1881is8ble v81ue, after making du8 allow8nc8 for obsolete and slow rnoving items. Taxation The charity is exempl from corporation tax on ils charitable activities. Fund accounting Unrestricted funds can be used in accordance wth the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by th8 donor 01 wh8n fund5 are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements. Pènsion eosts and oth•r po$t-rètir•m•nt bènèfits The charitable company operates a defined ntrIbution pension scheme. Contributions pay8ble to the chaiitable cornpany's pension 5cherne are charged to the Statetnent of Financial Activities in the period to whieh they relate. Dèbtors Trade and other debtor5 are recognised al the settlement amount due after any trade discount offered. Piepayrnents are valued at the amount prepaid net of any trade discount5 due. Cash at bank and in hand Cash al bank and cash in hand includes cash and short term highly liquid investments with a short rnalurity of three months or less from the dale of acquisition or opening of the deposit or similar account. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al their seltlernent amount after allowing lor any trade discounts due. Financial instruments The charity only has financial assets and fin8Ncial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised 8t transaction value and subsequently measured al their settlement value. DONATIONS AND LEGACIES 2025 2024 Donations Grants 2,902 466,726 3,697 360,785 469,628 364,482 Page 18 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES - continued Grants 18ceiv8d, included in th8 abov8, are as follow5.. 2025 2024 Swindon Borough Council The National Lottery Cornmunty Fund The Veterans Foundation NHS Banes, Swindon & Wiltshire Garfield Weston Foundation Other grants 233,112 137,680 21,935 69,000 238,406 56,999 9,082 44,000 5,000 7.298 4.999 466,726 360,785 INVESTMENT INCOME 2025 2024 Deposit account interest 12,357 5,749 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Activity Funding Advice and Sector Support Funding Advice and Sector Support Funding Advi 8nd Sector Support Direct Community Support Direct Community Support Letting and rental income Community print Tiaining and conference Shopmobility sales Café mobility sales 78,678 2,487 222 20,407 791 77,737 2.439 180 22,250 9,458 102,585 112,064 CHARITABLE ACTIVITIES COSTS Grant funding of activities (see note 81 Dire Costs (see note n Support costs Isee note 91 Totals Funding Advice and Sector Support Direct Comrnunity Support 359,219 44,279 3,482 143,447 2,179 506,148 46,458 403,498 3,482 145,626 552,606 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Staff costs Other staff costs Community print Project costs Shopmobility costs Café costs 350,332 4,539 4,711 38,444 4,735 737 340,805 5,804 4,447 18,060 3,607 7,413 403,498 380,136 Page 19 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 GRANTS PAYABLE 2025 2024 Funding Advice and Sector Support 3,482 £3.482 grants we paid lo VCSE groups, pharmacies and GP practices lo support the case finding of Hypertension. SUPPORT COSTS Goveman costs Management Finance Totals Funding Advice and Sector Support Direct Community Support 137,741 2,179 3,775 1,931 143,447 2,179 139,920 3,775 1,931 145,626 10. NET INCOMEIIEXPENDITUREI Net incornellexpenditurel is slated after chargingllcreditingl.. 2025 2024 Depreciation - owned assets Surplus on disposal of fixed as5els Independent examination Operating leases 2,2e9 16,567} 2,131 6,294 2,131 1,529 11. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 12. STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 320,731 19,265 10,336 311,538 19,771 9.496 350,332 340,805 The average monthly number of ernployees during the year was as follows.. 2025 2024 Supervision SupportlFacilitieslFinance Direct project delivery 10 15 15 No employees received emolurnenls in excess of £60.000. The average monthly number of full-time equivalent employees during the year was 12 {2024". 121. Key m8Nagemenl personnel for the charity comprises the Trustees 8Nd the Chief Executive Officer. The total employee benefits for key rnanagemenl personnel of the charity were £47,90612024.. £45.9531. Page 20 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted fund5 Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 132,495 231,987 364,482 Charltable actlvltles Funding Advice and Sector Support Direct Community Support 25,454 31,708 54,902 80,356 31,708 Investment income Other incorn8 5,749 8,902 5,749 8,902 Total 204,308 286,889 491,197 EXPENDITURE ON Charitable activities Funding Advice and Sector Support Direct Community Support 117,171 96,062 346,391 463,562 96,062 Total 213,233 346,391 559,624 NET INCOMEIIEXPENDITUREI Transfer8 beeen funds {8,9251 20,736 159.5021 120,7361 168,42n Net movement In funds 11,811 180,238) 168,427) RECONCILIATION OF FUNDS Total funds brought forward 325,678 107,098 432,776 TOTAL FUNDS CARRIED FORWARO 337,489 26,860 364,349 GOVERNMENT GRANT INCOME: 2025 2024 Swindon Borough Council NHS BANES, SWINDON AND WILTSHIRE 233,112 69,000 238,406 44,000 There w8r8 no unfulfilled condition5 or other conting8na85 attached to th85e giants. The ch8rty ha5 not dir8CtIy benefited from any other forms of government assistance. Page 21 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 15. TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Totals cosr At 1 April 2024 DIsp05815 113,425 61,039 116,1001 174,464 116,1001 At 31 March 2025 113,425 44,939 158,364 DEPRECIATION At 1 April 2024 Charge for year Eliminated on disposal 30,232 2,269 55,606 85,838 2,269 110,6671 110,6671 Al 31 March 2025 32,501 44.939 77,440 NET BOOK VALUE At 31 March 2025 80,924 80,924 Al 31 March 2024 83,193 5,433 88,626 16. STOCKS 2025 2024 Stocks 500 979 17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Tiade debtors Prepayments and accrued income 4,134 11,979 3,323 5,685 16,113 9,008 18. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Tiade Creditors Social security and other taxes Other creditors Accruals and deferred income 13,004 5,595 14,061 26,242 18,322 5,573 3,266 162,143 58,902 189,304 Induded within accruals and deferred income is deferred income totalling £Nil 12024.. £123,844} relating to income received in advance for projects in 25126. Page 22 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 19. LEASING AGREEMENTS Minirnurn188se payTnent5 under non-cancellabl8 op8r8ting188ses f811 dLJe 8s follows.. 2025 2024 Within one year Belween one and five years 3,259 5,703 382 8,962 382 20. ANALYSIS OF NET ASSETS BETEEN FUNDS 2025 Total funds 2024 Total funds Unrestricied funds Restricted funds Fixed assets Current assets 80,924 292,168 170,4201 80,924 399,497 158,9021 88,626 465,027 1189,3041 107,329 11,518 302,672 118.847 421,519 364,349 21. MOVEMENT IN FUNDS Net rnovemenl in funds Transfers between funds Al 31.3.25 Al 1.4.24 Unrestricted fund8 General fund Pioperty rnainlenance fund Operational reserve fund Property fund 124,490 50.000 138,0 25,000 {48,1921 13,374 89,672 50,0(XI 138,000 25,000 337,490 {48,1921 13,374 302,672 Restricted funds SBC- Sanford House Sanford House National Lottery- Youth Project The Veterans Foundation Mind Capacity funding Pride of Swindon Awards BSW ICB Board- VCSE representation Men's Shed Project BSW ICB Board He8h Inequalities People Like Me Hypertension case finding grants 14,426 2,786 92 13,3461 13,125 12,78ei 24,205 36,253 5,453 36,345 15,4531 11,2001 1,200 29,835 29,835 2,064 2,064 16,255 12,3291 2,000 9,723 11,518 116,2551 18051 3,134 3,157 5,157 9,723 11,518 26,859 105.362 {13,3741 118,847 TOTAL FUNDS 364,349 57,170 421,519 Page 23 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 21. MOVEMENT IN FUNDS- continued Net movement in funds, includ8d in the above a18 a5 follows.. Incoming resources ResOUrS expended Movement in funds Unrestricted funds General fund 206,627 1254,8191 148,1921 Restricted funds SBC- Sanford House National Lottery- Youth Project The Veterans Foundation Shopmobility Capacity funding BSW IGB Board- VCSE representation Men's Shed Project BSW ICB Board Heah Inequalities People Like Me Youth project Hypertension case finding gr8nls 169.347 103,000 20,935 4,647 34,680 18,000 1,000 26,000 10,000 540 15.000 1172,6931 166,7471 115,4821 14,6471 14,8451 11,7451 13,3291 124,0001 12771 15401 13,4821 13,3461 36,253 5,453 29.835 16.255 12,3291 2,000 9,723 11,518 403,149 1297,7871 105,362 TOTAL FUNDS 609,776 1552,6061 57,170 Comparative8 for movement in funds Net rnovemenl in funds Transfers between funds Al 31.3.24 At 1.4.23 Unre¥tri¢tsd fund¥ General fund Pioperty rnainlenance fund Operational reserve fund Property fund 112,678 50.000 138,0(KJ 25,000 18,9241 20.736 124,490 50,0 138,000 25,000 325,678 18,9241 20,736 337,490 Restrlcted funds SBC- Sanford House Sanford House National Lottery- Youth Project The Veterans Foundation BSW ICB capacity Funding Mind Capacity funding Pride of Swindon Awards REND Research Engagement Network Developrnent Men's Shed Project 36,891 2,786 {22,4651 14,426 2,786 92 92 {15,8461 8,559 1601 {28,6061 22,680 3,500 1,260 28,606 2,064 16,8341 18,9021 3,157 1,200 2,064 9,311 14,3111 3,134 15,0001 3,134 107,098 {59,5031 {20,7361 26,859 TOTAL FUNDS 432,776 168,4271 364,349 Page 24 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 21. MOVEMENT IN FUNDS- continued Comparative net rnovement in fund5, includ8d in the above 8r8 a5 follows.. Incoming resources ResOUrS expended Movement in funds Unrestricted funds General fund 204,308 1213,2321 18,9241 Restricted funds SBC- Sanford House National Lottery- Youth Project The Veteran5 Foundation BSW ICB Capacity Funding Mind Shopmobility Capacity funding BSW ICB Board- VCSE representation REND Research Engagement Network Development Men's Shed Project 171.808 35,118 1194,2731 135,0261 115,8461 122,4411 1601 15,0001 150,4871 113,0001 {22,4651 92 115,8461 8,559 1601 31,000 5,000 21,881 13,000 I28,6() 14,3111 15,9481 14,3111 3,134 9,082 286,889 1346,3921 159,5031 TOTAL FUNDS 491,197 1559,6241 168,4271 The charity's strIcted funds have the following purposes.. Sanford House- Funds utilised to meet legal expenditure. SBC- Sanford House-Funds applied to expenditure on projed development ws15. inlemal and external c051s. Wittshire Community Foundation- to help with the establishment of the café. Capacity funding - National Lottery funding lo improve and enhance the service provided lo charities and ommunity groups The Veterans Foundation- fund the recruitment and employment of a veteran support worker BSW- ICB Cap8City Funding - lo provide capatY funding lo Swndon VCSE organisations lo engage in fLrture ICSIICA work. Mind- Time to Talk project funding Café mobility - Funding to establish outdoor coffee shop and heated sealing space adjacent lo shoprnobility service run. Thi5 fund also indudes donations received for the café. Shopmobility - to employ a shopmobility supetvisor to focus on reducing isolation and improving wellbeing of adults with rnobility issues Piide of &M"ndon Awards- funds to ariange a formal community awards event BSW ICB Board VCSE representation - Funding provided to support the release of a VCSE representative to attend the BSW ICB Board. Volunteer Centre- establishing a volunteer brokerage service REND Research Engagement NeOrk Development - work to see how best to engage wth a specific target group Population Health Management management programme. VCSE sector engagement and participation in the population heatth VAS Conference- sponsorship for the VAS conference. Page 25 continued...
Volunta Action Swindon Notes to the Financial Ststements- continued for the Year Ended 31 March 2025 21. MOVEMENT IN FUNDS- continued People like tn8 - Part funding to tun a pilot project to start a Community Connectors program in 4 of Swindon's most deprived areas. National lottery - A youth led project addressing issues that concern the participants. The project is working in partnership with SMASH. Mechanics. Prime Theatre. Youth project - Donations fr(>rn a charity run undertaken by a member of the public includes match funding by their employer. Hypertension case finding grants- funding lo be used for VCSE lirne. venue costs. refreshment costs. marketing and equipment costs a550ciated with facilitating blood pressure checks at VCSE events and activities. It can a150 be used ft>i paying community pharmaaes and GP piactices for the supply of pharmacists and piacti nurseslqualified staff to attend the events to provide the Blood Pressure checks, record keeping and signposting. The charity's designated funds have the following purposes.. Property Maintenance Fund - Fund to provide for any emergency and major repairs and refurbishments as and when required. Operational Reserve Fund - Funds sel 8side equivalent lo 6 months (ideally 121 of core operating costs of the organisation in accordance wth the reserves policy mentioned in the Trustees Report. Property Fund - Funds set aside to cover costs to identify new premises and pay for surveyors and architects fees should the John Street property be involved in any Town Centre development. Transfers beeen funds £16,254 transferred out of the VCSE representative fund for staff time, supervision, preparation and feedback as a member of the ICB Board. £13,125 transferred into th8 Sanfoid fund a5 under the man8gern8nt lease losses on Sanford House are sha18d by VAS on agreed percentages. £5.453 transferred out of the Veterans Foundation for supervision, marketing, printing and overheads. 22. EMPLOYEE BENEFIT OBLIGATIONS The charity operates a defined contribution pension scheme. The costs for the period was £10,336 12024.. £9.4961. At 31 March 2025 contributions totalling £1,09512024'. £2,074) were outstanding. 23. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. 24. AGENCY ARRANGEMENTS Voluntary Action Swindon entered into an agreement with Kennet Furniture Refurbiz to host the distribution of the funding to support households in the most financially deprived areas of Swindon have access to furniture and white goods. In the year ended 31 March 2023 the charity reiVed £25,000. In the year ended 31 March 2024. they received another £25,000. and disbursed funds of £34.156. In the year ended 31 March 2025. they received another £25,0(K), and disbursed funds of £31,554. Total undistiibuted fund5 at 31 Maich 2025 were £9,290 and this is held in other creditors. Page 26