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2021-03-31-accounts

Company No. 01913555 Charity No. 291890 Voluntary Action Islington Limited (A company limited by guarantee) Annual Report & Financial Statements 31 March 2021

Voluntary Action 1slingt¢n Limit•d Trustges. Annual Roport For the year endod 31 M•r¢h 2021 REFERENCE AND ADMINISTRATIVE INFORMATION Reglstered charlty name Voluntary Action Islington Limiled Charlty reglstratlon nUm￿r 291890 Company reglstration nurnb•r 01913555 Reglstered Offico 200a P8ntonville Road London N19JP Board of Trustws The trustees servod the ¢harity during the period and up to the date of this report were as follows.. Phillp John Kelly {Chair lo 15 June 2021} Colin Adams Mulat Haregot- resigned 6 September 2020 Ken Hettiarachl Emma Victoria HulchSns Joseph David Irvin {Chair from 15 June 20211 Josephine Mary Langdale Jorge Llorens {Treasurer) Bartiara Joan Ludbw Hussain Ahmed - appointed 2 July 2020 Santa Gascoigne- appointed 2 July 2020 Lt88 Caroline Smith - appointment terminated 1 November 2020 Chlef Executlve Officer and Company Secretary Antony B&wick￿rn1th Ilnterim until 22 Novembw 20201 Navinder Kaur from 23 November 2020 Audltor Goldwins Chartered Accountants 75 Maygrove Road West Hampslead London NW6 2EG Bankers Unity Trust Bank plc Nine Brindley Pla Bim￿ghaM B1 2HB 8oli¢ltors 8ales Wells 10 Queen Street Place London EC4R 1BE

V¢Aunlary Actlon Isllngton Llmltod Trustees. Annual Report For the yoar gnded 31 March 2021 The truste8$, who a￿ also the dlreclors for the p￿r[￿e of company law, have pleasure in pre$entsng Ihelr report and the financial ststements for the charity for the year ended 31st March 2021. The trustees Confirm that the financial statements comply with cuThent statutory requirements. the memorandum and articles of association and the Statement of Recommènded Practice- Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts In a¢¢ordan¢e with FRS 102. OUR AIMS, OBJECTIVES AND ACTIVITIES Purpose and alm8 Our Charllls purpose as set out in the objects contsined in tho MemorarKlum of Association al To promote any charltable purtM)se primarily bul not exclusively for the ben&fit of Ihe communty in the London Borough of Islinglon, har8inafter caled Yhe area of benefit" and in particular the advanc8ment of 9duGats'on. the furthorance of heatth and the relief of poverty, distrgss and sickness. b) To promole and organise Gooporation in achievgmènt of lh& above purposes and to that end lo bring together repr8santabves of not for profil organisations and statutory authorities engaged in the furtheran¢e of tho above purposes within th• area of benefit. Our vislon is.. A vibrant civil society that drives loGal aGlion and positive change for everyone in Isliroton. The main activities that Wg undertake to pursue our purposes are the provision of information and advice lo voluntary and community organisations operating in Islington in ord8r to assist them to relieve poverty. r8du¢e inoqualty and further health. We are the accredit8d Volunteer Centre for Islington and re¢ruit and place volunteers with local organisations lo assist them lo aGhi8ve these aim$. W¢ $upport networking. bringing together repres8ntativ8s of local volunlary organisalions with statutory authorities to COOPgral8 and consider joint inith'atives Ythi¢h further our overall charitabb purposes. Our values are: Equallty and dlverslty. valuing difference, treating everyone with re$pe¢t. Independence in our thinking and actions. Integrity and professionalism, maintsining high personal and professional standards. Working wrth others to support and develop collaboration and c(￿produCtion across the community. Listening and learning from all our stakeholders inc￿ding members. staff and volunteers. We are an accredited Living Wage Employer and aim to be an equal opportunities employer.

Voluntary Action lslington Limit8d Trustses. Annual Report For thg year endgd 31 MarGh 2021 Publlc Bonefft During the year the trustees have considered section 17 of the Chariti8s Act 2011 and Charty Commission guidance on public benefil. We have sought to ensure that thé charity is fulfilling 11$ ¢haritable purpose to benefit the public by focussing on som8 of thè most pressing social ig$ue$ in the borough. including Inequality, Poverty, Comrnunity Safety and Health. Our strategic aims are lo enable the Voluntary and Community Sector IVCSI to address these issues. by supporting organisations to.. Be more sustainably funded and resourcgd. Deliver more effective service8. Be more able to influenc8 local policy. In addition. we want to support the people who volunteer for VCS organlsatlons by ensuring.. Volunteers gain more social contacts. employability and improved health. Our Theory of Change for Voluntary Action Islington, enables us to map out the changes that we want to achieve for the sector, and the activities that we deliver to achieve this change. These specific activities have b8&n briefly described bebw, as they relate to each aim. Supportlng the local VCS to b• more sustainably funded and re$ourced To meetthis aim, we.. ProdLtce a booklet about Tnjst funding for local organisations. Provide access to live infonnation on the Funding Toolkit hosted by Islington Councal Organise briefings alxwt the funding programmes relevant lo local organisatlons. Develop thematic VCS partnerships to increase access to funding and contracts. Encourage cross-sector partnership workin9 to unlock resources. Support Islington's VCS to strèngthen ts volunl&ering practice through platfomis for learning and infomation sharing. such as Volunteer Managers Forum. Supporting the local VCS to dellver more effectlve 8ervlce8 To meetthis alm, we.. Keep abreast of changing statutory framework$ and how they affect the local VCS, and support groups in adapting lo these changes. Ensure the website has up to dale infomation about Islington. tharity regulats'on, govemance, equal opportunities, volunteer management and finance. Circulate infomiation to members through newsgroups, newsletters and social media. Offer one-to-one support lo VCS organisations through tsoe to face surgeries, telephone and email. Develop a training programme using staff knowledge and expertlse.

Voluntary Action Islington Llmltod Tru$te¢s' Annual Report For the year ended 31 March 2021 Deliver time limited programmes of intervention to small groups. Offer specialist and Pro Bor￿ advice surgeries and briefing sessions with corporate and VCS partners. Supporting the local VCS and local communltles to influonce local policy To meet this aim, we: Ensure the VCS and publ1¢ sector are aware of each otherfs seTViC8 offer for local people. Support the develowient of communty- based adion inttlative$. Organise a programme of gvents to share and leam from VCS peers. Promote the voi¢e of Islington's VCS 8t a strategic level through Islington Community Network IICN). Ents)urage operational collaboration betweern the VCS and the publc sector. Maintain Igarning opportunities for both Chief Executives and Trustees of Islington groups. Supporting volunteers to galn morg skills, social Gontacts, •mployablllty and improved health To meet this aim, we- Develop cross-sector partnerships to streamline access lo volunteers and volunteering opportunities. R8ise awareness of volunteering through targeted outreach. high profile event8 and social media. Champion volunteering through recognition and awards. Facilitate volunteering for bolh volunteers and VCS organisalions through volunteer database. Act as a brokering SeN1￿ between potential volunl6ers and VCS (ryanisations. Offer appropriate voknnteering opporbjnilies to a wide range of residents enabling them to be more connected with local c(ffnmunilies. Develop capacity of organisations around volunteer recnjltment and management through workshops and one to one support. Develop platforrns for sharing good practice. Our core activities, uTrJertaken in capacity as a Council for Voluntary Serwces are dgtailed below= With Islington Council we organis8 an annual ¢onferenoe for the local voluntary and ¢ommunity sector on a theme of particular rolevan¢e for the se¢lor. and w8 invite high profile speakers. This is an QPPOrtunty for our mambers to provide feedback and to infomi future priorilies.

Voluntary A¢tlon l$llngton Llmlted TrustMs' Annual R•port For tho yoar ond•d 31 March 2021 We prowde an elèctronie nèwslètter to our members on a regular basis and continue to providè an èmail news seNi¢e through which we bring lo the attention of members relevant pollcy and fundlng inltlatives. Members use this seNce to promote their local activili8s. We have negotiated an arrangement with NCVO, providing our members with access to NCVO membership and services at a discounted rate. Our websile is an important srwrca of information for news relevant to the sector including local Yolunleering opportunities, funding and resources for organi5aliffis. We continued lo add lo and update our online directory of local organisation5. We promde ¢hariti8s and social enterpris8S Wth desk spaGes, affordable meeting and conferenc8 rooms and shared facililigs throLyJh our Resource Centre. There are special rates on room hir8 for mgmbers. We have improved intemet connecllvlty In the Resource Centre. thereby improving our seNlce lo voluntsry organisations who pay lo use our facilities. We promote community organisations and volunteering to the wider public and we achieve local wess coverage for the Volunteer of the Year Awards. which is held together with our Annual General Meeting. We continue to run a telephone advice service and also run monthly '$urgeries' where people Can get inltial advice aboul starting C￿ devebping a local community organisation. We run the Capacity Building Essentials project, a structured model of intensNe development support and guidance for Smaller organi$ation$, based around the key elements identif￿d to help them grow and become more 8u$lainabla. We are proud to run the only n81ionally accredited Volunteer Centre for Islington matching people Interested in volunteering with local opportunities. We have a small team of volunteers involved in this work which provides a dropin twice a weak and promotes volunteering at local community events. W8 provid& a volun188rrng database that enables organisalions to post their own volunteer opportunities, while al the same time allowing potential volunteers lo create their profil8s and searth for suitable placements. We support borough-wide thematic ne￿rkS to address four big llxal l$$ues: - Communty Safety - Health and Well B￿ng Inequality - Poverty We provide di￿￿ support to the Children and Young People's Voluntary Sector Fonjm. for ￿lch we hold and administer funds. The suc¢e$$ ¢riteria for our planned activities are set out in our annual operating plan. ￿lch ts agreed by trustees every February. alongside the budget for the year. Achievement in relation lo this plan is monitored quarterfy by trustees using a traffic light sy3lem staling whether the particular aclivf(y is on larget, needs additional action to get back on tsrget or where the target is unlikely to be met. At the end of March 2021, most of our targets were met and ￿re greatly exceeded due to our response to the Covld-19 crisis: however, some were impacted by the Covid-19 lockdobffis. particularly those targets relating to the delivery of our

Voluntary Action 1s1ington Limited Trnstses. Annual Report Forthe year ond•d 31 MarGh 2021 ¢apacity building programme8. We adapted our capacity building and volunteer acliwties and services by transferring these online. OUR VOLUNTEERS & STUDENT PLACEMENTS Many of our volunteers work with us to gain gxperience that will assist them to find employment. Covid-19 had a substantial impact on Ihe recruitment and activities of volunleors supporting both our Volunteer Centre and the Resource Centre. Covid-19 lockdowns affected the number of volunteers required at the Resource Centre lo Cover reception and carry out administrativè tasks. All face to face brokerage support was put on hold due to ihe successive lock4lowns. In addition to our trustees, during the past year, VAI had 1 in-house volunteer assisting with the delivery of our Volunteer Centre acti￿lIes. This volunteer as51sled with the Volunteer Centre brokerage service matching volunteers to VCS orgar)isations and their volunt8er cyportunities. This service was delivered on-line and via telephone. We have been developing our partnership with London Metropoltlan UnivetEily and during the spring hosted a student studwng Social Work. OUR ACHIEVEMENTS AND PERFORMANCE The trustees review. on a quarterly basis. progress made in delivering seTwce$ thal we are implements'ng lo achievg each of the outcomes in our strategic plan. This review is undertaken al the same ts'me as our quarterly financial review. There are largels for each sgrvi¢e and activrty and progress is coded as on target, needing attention or not on largat. In addition. regular reports are produced for each of our funders and evaluations are undertaken as projets come lo an end. During the year we visited a cross section of our members to obtsin feeéba¢k about our services. The main benefiei8ries of our services are VCS organisatsons providlng servl¢es and activities in the London Borough of Islington and individuals inler8sted in volunt09ring in the borough. MEMBERSHIP AND COMMUNICATIONS During the year our fomial membershlp consisted of 550 communlty organisatrons. We have 3,624 followers on twitt•r. an increase of 146 over the year. The Volunteer Centre r￿W has 2,442 followers, an increase of 139 by the end of the year. and 400 Instsgram followers. From June 2020. we stsrted lo produce fortnightly neWS￿tterS lo shar8 infomiation wrth the se¢tor qui¢kly. We then moved lo weekly newsl8tters from September onwards. The Dewsletter was sent lo all organisalions regist@red on our n8wsgroup as well as the membership. We have had positive feedback about the usefulness of information on our website and about our briefings.

Voluntary Action Islln9ton Llmlted Trustees. Annual Report For the year •nd•d 31 March 2021 CAPACITY BUILDING SUPPORT We ensu￿ that our members and non-mgmberg are well informed 8boul funding opportunities. including opportunitses to tender for local ￿ntraCts. as s￿n as we are made aware of them. We published a revised version of our Funding Booklet for local oryanisations in January 2021 with funding news and updates emailed throughout the year. Our 8dvSce sessions afe very popular, Èspecially amongst ow sm811 groups. Our Development Officer delivered the folkjwing Sossions.. November 2020 - funding advice sesslon January 2021 - 1=1 National Lottery suryery March 2021- National Lottery Community Fund session We continued to host thè Islinglon Council funding databas8 "Open 4 Communlfjeg" on our website which can be acc8ssed by all VAI members and non-members. We now have 313 subscribars registered on Ihe portal that now receive regular funding updates from the site. W8 provide our members wlth information about. and access to, a wide range of sources of pro-bono support. This includes inform8tK)n on our webslte about sources of specialist and pro-bono help. We work with the BIG Allianc8 in Islington and others to provide expert advice on subjects such as financial planning and web design. During the year. our Development Officer also provided 4 additional Advice and Support sessions. This included advice al￿11 regislering as a charity, fundirvJ (Including crisis funding) and business planning. Our website provides a range of information and resources to assist with runnlng an organisalion. There were 35,464 visits to our website during the year. We ensure that our members ar8 well infomed about national and regional developments relevant to their work through our links wth National and Regional or9anisations. As part of their membership of Voluntary Action Islinglon organisations can get a discount tl they joln NCVO. We provide information about policy developments through our regular newsletter. Volunteers play a vital part in enabling local voluntary organisations to pursue their charitsbl8 purposes. From the start of the pandemic. VAI recruited an army of new volunteers to support th8 response to Covid-19. thus enabling VCS organisations in the borough to deliver their crisis response services. We hosted online Volunteering Fairs ￿ partnership with Volunteer Centre Camden. to support the recruilmenl of volunteers online. In January 2021. VAI partnered with Ag8 UK Islington, Manor Gardens Weffare Trust and Help on Your Doorstep to recruit and manage Volunteer Marshals and Stewards for the Covid-19 vaccination programme across the Islington vaccination sites includiThJ local ¢linics, Business Design Centre, and pop ups including the Emirates Stsdium.

Voluntary Action1s1ington Llmlted Trustg0s' Annual Roport For the year ended 31 Mar¢h 2021 CELEBRATION OF VOLUNTEERS We continue to celebrate and promote volunteering. We have a seclion on our websile with oxamplgs of the difference that volunteers are making to lrfe in Islinglon. Our Volunteer of the Year Awards were again sponsored by Doubletree by Hilton Islinglon. who provided tho prizes and wè had local media coverage, raising the profile of volunteering locally. The awards were announced by Cllr Janet Burgess MBE at an online celebration in December. The wnn8rs were: Oldèr Vdunteer of the Year 60+: Richard Longworth. Angel Shed Theatre Company. Volunteering Team of Ihe Year.. Hornsey Lane Estate Community Association- Volunteer of the Year 260: David M8110ry. Age UK Islington and Healthwatch Islington., Pal Haynes Memorial Truslee of the Year.. Mrs Margaret Pitt, Culpeper Commvnlty Garden Associalion., Young Volunteer ofthe Year 1&25- Mohamed Senusi, The Pillion Trust. VOLUNTARY ACTION ISLINGTON RESOURCE CENTRE Our Resourc8 Centre on Pentonviife Road continues to generate fvnds to support the d8velopment of the local voluntary sector and provides a model of co-localion and efficlent use of resources. During the year we had to make adjusimenls due to the Covid l¢xkdowns, including making the Resource Centre Covid-19 compliant. The Crlsls caused substantial disruption to the nomial workings of the Centre and was closed to the public from April lo August. This ¢risi$ has led to 8 substantlal shortfall in rental income from desk and room hire. We have started to consider options for the medium and longer term as our current lease on our premises comes to an end In October 2024. DEVELOPING & SUPPORTING CROSS SECTOR PARTNERSHIPS Voluntary Action Islinglon hosts an annual conference for the local VCS to discuss pressing ISSU8s and to encourage collaboration wilh each other ststutory and private sector partner5. It aims to inspire charity and not-forrofit stsff. trustee$ and volunteers, and partnership working with other sectors. This year, the conferen¢e was held online on 30 September 2020, with 60 organisalrons In attendance. The conference focused upon the impact of Cowd-19 on the VCS with the followir4J priority issues Identif￿d. funding; volunteerin9 suppor( IT and adapting servlc88 online. COVID-19 PANDEMIC In eady 2020 the Covid-19 pandemic shook the whole of our society, resutting in Several national 'lockdowThs' as people were told lo stay at home unless they provided kay services. VCS organisations and lo¢al authorities were disrupted but dema￿1$ increased, such as the

Volunlary Actlon Islington Limited Trustees. Annual Report For the year ended 31 March 2021 need to get food and medicine lo housebound vulnerable residents. In resF)onse, VAI mounted a huge &ffort around volunteoring, communicating and working closely with VCS organisations and Islington Council. There was a surge in local people wanting to volunteer. We increased online communication and deployed stsff and recruited volunteers to support lotral VCS partner organisations to fuffil their new volunteering needs. As a senior member of the Islington Gornmunity and th8 main representativo of the local VCS sector, VAI joinod the Islington Covid-19 Response Group whose remit was to coordinate the pan-sector response lo supporting the borough's most vulnerable residents lin particular wrth food and medicine distribution. VCS support and volunleeringl. VAI and our Volunteer Centre played a major role in providing volunteers to assist with the mass vaccination programme. and made a $ignrfi¢ant contribution to the Covid-19 crisis by recruiting an amy of new volunteers neeéed to suprx)rt the borough's crisis response including the Covid-19 VaGanalion Programme delivered a¢ros$ the mass vac¢in8tion siles, local clinics and pop ups. One a$pe¢l of the response lo the Covid-19 pandemic was the creation of a network of Mutual Aid Groups (MAGS). In recognition of this, VAI hosted a workshop for MAGS on conslituling as 8 formal organisation. We were successful In recemng crlsis fundlng whlch enabled us to provide additional onllne support lo those recruiting and managing volunteers during the first 6-7 months of the crisis. Over Augususeplember we delivered 2 Volunteer Management Clinics and 2 Volunteer Manager's Forum & Netsvorking events. We also delivered a joint Camden & Isllnglon Volunteering Fair to support the recruitment of volunteers. VAI deslgned a programme lo provlde brokerage support between volunteers and VCS partners. Our efforts were supported by two Council redeployee¥ who supported the recruitment of volunteers and carried out the required DBS and Reference checks. KEY PROJECTS AND HOW THESE WERE FUNDED Our main sources of income are grants and donations from public authorities and charitable trusts and foundations, together wth earned spac& rentsl in¢ome from our Reswrce Centre. We were awarded cora funding of £75.000 in 2020121 by Islington Council to continue our work in building capaaty among local VCS organisations and operating our Volunteer Centre t￿Okerage service. The existing grant was témporarily rolled over following the Covid outbreak and the Council commissioned a scoping eX0￿1$e to ascertain fvlure voluntsry sector and volunteering capacity building needs. VAI received extra funding 1£16.OW during thi5 period) to provide additional capacity for the volunteer support programme to aid the recruitrnent. induction and DBs/referen￿ checks and debriefing of volunteers as part ol the Covld-19 Vac¢inalion Programme. From MOPAC (via Islinglon Council) we We￿ awarded £4.000 to service Ihe Islinglon Safer Neighbourhood Board anil £3,500 to deliver the Islngton Communty Safety Engagement Project IICEPI. VAI provided administrative and ¢ommunicab'ons

Voluntary AGtion Islington Limitsd Trustg9s' Annual Report For thg year gnded 31 March 2021 support to maxirni$e ¢ommunlcatlon and InteraCt￿n behveen local communities, the VCS that support and represent them and those statutory organi$ations responsible for the safely of Islington's communllies. Via the National Asswiation for Volunt8ry and Community Action INAVCAI we were awarded £3,ODO from the Department of Cullure Media and Sport for infrastructure organisation involvement in local emergency planning. As a mgmber of a partnership of five Volunteer Centres, North Central London Partners in Health and Care INLP) awarded us £5,600 to contribute to the development of the North Central London ne￿rk and volunteering strategy. Through support from London Community Response Fund Wave 2, we were supported to improve and adapt volunteering pra¢ti¢e during Covid19. We applied for and re¢8ived £3,200 to purchase four laptops through a S￿￿eSsful funding application made by London Plus to the London Community Response Fund In addition. VAI was pleased to receive £500 via the Neighbourly crowdfunding website. FINANCIAL REVIEW The Ststemenl of Financial Activities shows annual net 8xpenditrJre, befo￿ galns on investments, of £51,26012020.' £22,195). Of that loss £52.495 (2020.. £10,547) was incurred on unrestrictsd funds. That was the effective operating loss for the year and very mu¢h a result of the negative impact of Covid-19 on income generation opportunities. Inve$lmenls increased In value by £24,933, recovering some of the £44.151 losses incurred in the previous year. When those gains are included, net expenditure (the annual kjssl rèduces to £26,327(2020: £66,346). Income was significantly impacted on by the challenges posed by the pandemlc. falling from the previous year's £416,948 to £315.568 for the current year. Although the Voluntary Action Resource Centre continued to generate th8 larggst source of incom8, th8 fall in demand for work and meeting $pa¢es significantly reduc&é its revenue and more than accounted for the overall fall in income. In response savings were implemented - expendilure was reduced by £72,315 - and thè Trustees agreed lo cover the resullanl losses from reserves. The London Borough of Isllngton ILBII continued its funding of VAI under the StralegiG Borough-wde Partners and Slralegic Volurbleering Partners grants, both of which support our cole activltles. and its funding of the Children and Young People's Voluntary Sedor Fcfum. Al the year end all funds totalled £268.433 12020: £294.7601 of whl¢h £219.909 {2020.' £247,471 I were unrestricted. General fijnds. which are considered to be the free reserve¥ of the charity. tolalled £166,828 12020.. £129,881). Although 8 loss was generated on General funds they also benefrted from an inward transfer of £60,000 from three previously designate¢J funds. Further to the decision made by trustees in September 2015. Voluntary Aclh)n Services. the subsidiary trading company established by Voluntary Action lslington in 2013 remains a domiant company. 10

Voluntary Action Islington Limited Trusteès, Annual Report For the year ended 31 March 2021 Reservos At 31 March 2021 Vc4unlary Action Islington held unrestricted funds totslling £219.909 {2020: £247,471). The free reserves (those unrestricted funds that have not been designated for specific purposes) totalled £166.82812020= £129.881}. The reserves policy requires a balance of free reserves equivaleTrl to no less than 3 months 125Yo) of annual expendrture. The current balance of £166,828 is 9quivalgnt to 45% {2020: 29%> of annual budgeted expenditure and is therefor6 compliant with the policy. Funds have been designated from reserves for specific purposes where cost$ are nol incurred on an annual basis. At year end those funds totalled £53.081 {2020' £117,590) designations having been made to invest in the Resource Centre and its IT infrastructure, where VAI is based, and to support potential relo¢81icn from Resource Centre in 2024 including managing the ¢ost of dilawjations. In addition to its unrestri¢led fvnd$ the charity held £48.524 of restricted funds 12020: £47.2891. the use of which is restricted by funders to spe¢lfi¢ activities to support VAI'S members and develop the voluntary seelor in Islinglon. Investment pollcy and performance Thls ye8r Voluntary Actlon Isllnglon contlnued to implement the invesknent policy last agreed in 2014. The objects'ves of the policy are: To use free reserves to produce Ihe best financial ￿turn within an aoceptatle level of risk. When there are oppc*lunities to do so lo invest a proportion of our reserves in Ihe developmgnt of ngw produels and serwces where we assess Ihal il is realistic that thes6 wll generate fvnds to sustsin Ihems8lves or when, by investing in products atml services delivered by our subsldiary trading company, we assess that this investment could produce a long term income stream for Voluntsry Action Islington. When there are opportunities lo do so wo vdll seek investment opportunities Ihat further our chari18ble objectives, whilst al the samè lime producing a flnanclal retum. VAI'S listed investments continued lo generate valuable in¢ome throughout the year in line with the investment policy. Some recovery was made from the Covi(1-19 impacted low values of the previous year and annual unrealised gains of £24,933 12020: £44,151 losses) was generated in the Current year. The Trustees note that the recovery in values has ￿ntInued beyond year end. Golng concem The trustees consider that there are no material uncertainties abwt Voluntary Action Islington Limited's ability to continue as a going concern.

Voluntsry Action Isllngton Llmlt•d Trustses. Annual Roport Forthe year Qnded 31 March 2021 Prin¢lpal rlsks and uncertalnties During the year the trustees carried out 8 review of the risks faced by the charity in relation to peTsonnel, finance, property, reputation, new business. health and safely, goveTnan¢e and management, and performance. Plans to mitigate these risks were developed and reviewod. A iisk register is maintained as part of the Buslness Plan and the trustees keep this und8r review. The main factor likely to affacl the financial performance of the Charily is a reduction In demand for our desk and room hire provision to voluntary organisations. as 8 result of Covid- 19. We mitigat8 this risk by improving th8 facilities al the resource centre, including making it Covid compliant. continulng to promote our facilities to a Whye cross-section of ralevanl VCS organisations seeking desk andlor room hi￿ fac41ities in central London. and adapting our offer to the developing n8eds of the sector. PLANS FOR FUTURE PERIODS We are comm￿ed to continuing as an independent organisation bringing together C￿11 soci8ly in Islington and representing the interests of local organisations to the main statutory agencies. We will continue lo participate in p18fforms that influence how Islington Council Including the North Central London Clinical Commissioning Group and Public Health make decisions that impact on communities. particularly at a local level. This includes Mu￿1-agencY Initiatives such as Fairer Together, where we represent our membership. We will continue to work with voluntary organisations to diversify funding and other suppor( Including by engaging with private business. We will encourage collaboration and joint lunding bids. which indude smaller k)cal organisations in service delivery. As part of this approach. we will encourage larger and more established organisations to support smaller groups, by providing mentoring and partnership opportunities. We will continue to work with other local organisations that provide capacity building and org8nisalional support to their membership, and explore how our collective efforts can be made more stralegic. We plan to continue to support the effective management of volunteers and to support organisations through a mix ol one to one support and training workshops. Additionally, we pian to continue to provide opportunities for trustees and CEOS lo network and share good practice. We wlll ¢onlinue lo make applications for grant5 and to submit lenders for Contracts, which are related to our core functions. The Voluntary Action Islington Resource Centre on Pentonville Road Is an important ¢ommunity asset for lo￿1 VCS organisations and will continue to be an important sOu￿e of income supporting our core offer to local organisations. We reinvest all the income generated into the community through our services. We will continue lo take account of our environmental impact in our management of this facilty. We will keep under review our charges and consider additional options to manage community facilities in other parts of the borough. Our webstte and social media are well used resgurGes and we are ¢ommilted to ¢onlinuing to develop the use of these facilities over the Goming period. 12

Voluntary A¢tion l$llngton Llmlted TrustO05' Annual R•port For tho yoar ondod 31 mS￿h 2021 STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is cortsttiuted as a company limited by guarantee, and is therefore govemed by a MeM(￿nduM and articles of assouation. This was lasl amended in November 2013. The provisions of the governing document have been complied wilh during the year under review. The trustees seNe on a Board of Trustees. They consist of at least three and nol more than 12 individuals, all of whom must be aulhorised representatives of organisalions or an individual member. Each Trustee shall retire from office at the end of three years commencing from the datè of his or her 8ppoinlmer)t. A retiring Trustee may be reappointed but a Trustee who has served for nine years in total musl take a break from office and may not be reappointed until the anniversary of the commencement of his or hér break from offKe. At the end of the year, there were 10 trustees. The trusteas keep under review gaps in expèrience and expertise represented on the board, and during the past year a skills audit of urrent trusl8es was carried out. Induction meetings are organised for Iruslees to bri&f them about the work of the charity and trustees attend occasional conferences and courses to keep up lo date about relevant developments. The charily is organised through the Board of Trustees lo whom the Chief Executive is answerable, through the Chair. The Chair. Vic8 Chair and Treasurer are appointed from amongst the trust89s at first meeting after the AGM. These officers serve for a period of one year. The Chief ExecutlV8 is responsible for the management of staff in 3 core functions.. vO￿nteer Centre, Resource C8nlre and capacity building. The CEO and staff have responsiblity for specific areas of work and rèporting lo funders. The Chief Executive is not legally a director for the purposès of company or charitable law. Thè Chority is a member of the National Association for Voluntsry and Community Action INAVCAI, NCVO, and Children England. These memberships provide infomiation and rèsourc8s thAt help us to assist voluntary and communlty organisalions serving the community in Islington. The Charity has a subsidiary trading company, Voluntary Action Services Limited (VASI. This is a prwate company limited by share capital and wholly owned by Voluntary Action Islington. To date VAS has only traded in online leaming courses. At it5 meeting on 9th September the trustees decided that this company should cease trading on 30th Seplembor 2016 and should be retained as a dormant rAJmpany. for potential future trading. Joseph David Irvin remains a Director of both companies. As VAS is currently dormant, there are no plans as yet to appoint new Dire¢tors. Several of the tnjstees of Voluntary Action Islinglon are employed by or Iruslees of local voluntary organisalions that are members of Voluntary Acl'on Islington. These voluntary organisalions ben8frt from the services of Voluntary Action Islinglon. A register of trustee interests is maintsined and was updated during the year. Any potential conflict of interest is declared at the beginning of eoch trustees m8eting. The charivs staff. including management personnel, are paid on the national NJC pay scale. JI job des¢riplions arè indep&ndenlly evaluated and staff ￿ceIve the rate of pay applicable to th8 scale at whlch the post is evaluated. The pay of the Chief Executive is $el by the trustees. 18

Voluntsry Artion Islington Limit•d Trustws, Annual R•port For the yoar gndod 31 March 2021 who take account of the perfomi8nce of the Chief Executive.. the complexity, scale of responsibilities and expected level of extemal influence of the Chief ExecutN8 role., an assessment of current Chief Executive pay levels within the charity sector., comparisons with the pay levels of other CVS Chief Executives in London,. the salary range of an equival8nt officer within the local authority,. and the overall financial position of the organisation. STATEMENT OF THE TRUSTEES, REPONSIBILITIES The trustees {who are also thg directors of Voluntary Action Islington Ltd for tho purpose5 of company law) are responsiblg for preparing the Trustees Annual Report and the financial stalemenls in accordance with applicable law and United Kingdom Ac¢ounting Standards (United Kingth)m Generally AC￿pIed Accounting Practi￿1. Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of thg incoming resources and application of resources. including the income and expenditure, of the charitable company for that period. In preparing these financial statements. the trusl88S are required to.. select suitable accounting policies and thon apply thém ¢onsistenlly', observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudgnl- state whether applicable UK Accounting Standards aT)d statements of recommended practice have been followed. subje￿ to any material departures disc105ed and explained in the financial statements., prepare the financial ststemenls on Ihg going coneem basis unless il Is inappropriate lo presume that the charftsble company wll continue in operats'on. The trustees are re$pon$lble for keeping proper accounting records Ihal disdose with reasonable ac¢ura¢y at any time the financial positlon of the charitable company and enable them lo ensure that the financial $tstements comply wtth the Companies Act 2006. The trustees are also responsible foT safeguarding the assets of the charitable company and hence for taking reasonable steps for th8 prevention and detection of fraud and other irregulariiie5. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company $ website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such guarantees at 31st March 2020 was 397. The trustees are members of the charity but this enlilles thom only lo voting righls. The tnjstees have no beneficial interest in the charity. 14

Voluntsry A¢tlon Isllngton Limited Trustees. Annual Report F¢r tho yoor •nded 31 March 2021 STATEMENT AS TO THE DISCLOSURE TO OUR AUDITORS In so far as thg trustee$ are aware.. there is no relevant 8udtt informallon of whl¢h the charitable companls auditor is unaware,. and the trustees have taken all st8PS that th&y ought to have taken to mak8 themséfves aware of any relèvant audll information and to establish that Ihg aLFditor is aware of that informatlon. AUDITORS Goldwins Ltd wer8 reaappointed as Ihe auditors of the charitsble company during the yèar and have gxpr8ssad their willingness to continue in that capacity. Th8 trust88s' annual report has been approved by the trustees on 11 November 2021 and signed on their behalf by.. Navinder Kaur Company Secretary Registered offi¢e: 200a Penlonville Road London N19JP 15

Independent Auditor’s Report To the members of Voluntary Action Islington Limited

Opinion

We have audited the financial statements of Voluntary Action Islington Limited for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorʼs responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRCʼs Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditorʼs report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work

16

Independent Auditor’s Report To the members of Voluntary Action Islington Limited

we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the Trustees’ Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charityʼs ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorʼs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

17

Independent Auditor’s Report To the members of

Voluntary Action Islington Limited

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Councilʼs website at: [www.frc.org.uk/auditorsresponsibilities]. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s members as a body, for our audit work, for this report, or for the opinions we have formed.

……………………………….

Anthony Epton (Senior Statutory Auditor) for and on behalf of Goldwins Limited Statutory Auditor Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG

15 November 2021

18

Volurrtary A¢llon l$llngton Umltsd Statement of flnanclal a¢tMtles {Incorporating an income and expènditure a¢¢ount) For the ar ended 31 March 2021 2021 Total Restricted Unrestricted 2020 Total R8stricted Unrestricted Not8 Income from.. Donations and legacies Charitable activities Member Seryicos and Support Sector Development and Volunteering Investments other 3,750 75,716 79.466 75,260 75,260 20.OLIJ 26.585 20,( 14.714 34,714 23,110 144.3 9.489 32,562 167N66 9,489 32.562 294,340 12,634 294,340 12,634 T¢tsl Incom• 46,860 268.708 315.568 20.000 396.948 416,948 Expendlture on: Charitable activities ember Services 8nd Support Sector Development and Voluntsering Total expBndltur• Net lexpenditurel income befort n•t galns Ilosso51 on Invostments 11,757 101.122 112.879 24,640 129.342 153,982 33.868 220.081 253,949 366,828 7,￿8 278,153 285,161 45.625 321,203 31,648 407,495 439,143 1.23S (S2.4%1 151.260) 24.933 24.933 111,648) 110,547> 144,1511 122,1951 (44,1511 Nel galns {lo$sesl on invgslments Not {oxpendlture) Income forthe year 10 1.235 127.562} {26.3271 {11,648} {54,6981 16fj.3461 Transfers bBh¥een funds Net movement in lunds 127.5621 {26,3271 {11,6481 {54,698) 166.346) R•conciliation of funds: Total funds brought forward Total fund5 carried forward 47,289 247,471 294,760 58.937 302,169 361,106 16 48,524 219,909 268,433 47,289 247,471 294,760 All of the above results are derived from continuing aclivilies. There were no other recogniseLI gains or losses other than those stsled 8bove. Movements in funds ￿e disdosed in note 16 to the financial statements. The noles ¢)n pages 22 to 37 fonn part of these financi81 statements. 19

Voluntary Action Islington Limited (Limitod by guarantool Balan¢e sheet Company No. 01913555 As at 31 March 2021 2021 2020 Note Fixed assèts Tangible assets Inveslmenls 39,228 157.544 196.772 53,120 202.611 255.731 10 Current assels D&btors Cash at bank and in hand 34.466 102,344 136.810 19,213 63.769 82.982 Liabilities Credttors.. amounts falling duè within on& yaar 12 65.149 38.614 Net current assets 71,661 44.368 Creditors- amounts falling due after one year 13 5,339 Net assets 15 268.433 294.760 Funds Restricted funds Unrestricted funds: Designated funds General funds 16 48.524 47.289 53,081 166,828 117.590 129.881 Total funds 268,433 294,760 Approv8d by the trustees on 11th November 2021 and styn6d on thelr bahalf by: Jorge Lloren5 Treasurer Joseph David Irvin Chair The note5 on pages 22 to 37 fonn part of these financial statements.

Voluntary Actlon Isllnglon Limitod Ststsm8nt ol cash flows For the ear ended 31 March 2021 Note 2021 2021 2020 2020 Net cash providod by (US￿ Inl operating activities 17 140.914 122.197) Cash flows from Invèstlng actlvltles: Dividends from inveslfflenls Salg Ipurchasel of fixed assets Sale {purchasel of investments 9,489 12,634 (5.249> 70.000 Cash provided by {u6•d in} Investlng activities 79,489 7,385 Change In cash and cash equlvalents In thg year 38,575 (14.812) Cash and Cash equivalents at the beginning of the year 64524 79.336 Cash and cash equlvalents at the •nd of the year 18 64.524 21

Voluntsry Action1s1inglon Limited Notes lo the flnancl41 statements F¢r the ar ended 31 March 2021 Ac¢ounllng pollcles la Basis of preparatlon The financial statements have been prepared in accordance wth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffeclive 1 January 2015) - (Charities SORP FRS 1021, the Financial Reporting Stsndard appli¢abl8 in thg UK and Rèpublic of Ireland (FRS 1021 and the Companies Act 2006. Voluntary Action lslinglon meets the definrtion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at hl$lori¢al cost or transaction value unless otherwise stated in the re￿vant accounting policy or note. 1b Golng Concern The trustees consider that there are no materlal uncertainties regarding the Charl￿S ability to continue as a going concem. In reaching that conclusion the trustees have considered the possible impact of the COVID -19 pandemic on future aclivilies and cash fh)ws. They have considered a number of different scenarios and, although lost income from the Resource Cenlre room and desk hires will generate negative cash flows until VAI can resume more normal business. the tnjstees are confident that VAI'S level of reserves, cost saving measures already introduced, changes made to the Resource Centre delivery model and the diversification of income streams will togelher ensure its ability to wntinue as a going conGem. No key judgements have been made by the charitable company vthich have a signrficanl 8ffect on the accounts. The trustees do not consider that there are any sources of esllmation uncertainty at the reporting date that have a signtficanl risk of causing a material adjustrnenl lo the carrying amounts of assets and liabilities within the next reporting period. 1c Incorno Income. including income Irom government and other grants, whèthèr 'capilal' grants or 'revenue' grants, is r8cognlsed when th8 charity has entitlement to the funds, any performance conditions attached lo the income have been met, it is probable that the income will b8 received and that th8 amount can be measured reliably. Grants are credlted to incoming resources when they are receivable as the Ghariws own money, unless they are for activities that relate to a specrfic future period, in which case they are deferred to that period. Income received under contracts for services which cross over the year end are r8cogni$ed in the financial stalements in line with the percentage of ¢ompletton of the contract at the year end. Income Rceived In advance of the pro￿s1on of a speC￿ed seryice is deferred until the criteria for income recognition ar8 met. Distributions from listed investments are included when receivable and the amount can be measured reliably by the charity, this is nomially the date on which the holdlng is first quoted ex divid&nd or the end date of the period for which il is accrued as nolrfi&d by the fund manager. 22

Voluntary Actlon Isllngton Llmlted Notes to the flnanclal 61atements For the ar ended 31 March 2021 Accountlng pollcles {contlnued 1d Fund accountlng Unreslricled funds are available to spend on activilies that fvrther any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees havè decided al their discretion lo sel aside to use for a $po¢ifr purpose. Restrieled funds are donations which the donor has sp8cifi8d are to be solely used for particular areas of the charity's work or for sp8crfic projgcls being uNJertaken by thè charity. le Expenditure and irrecoverable VAT Exp6nditure is recognised once there is a legal or constructiv8 obligation to make a payment lo a third paty, it is probable that settlement will be required and the amount of the obligation Can be measured rek'ably. Expenditure is classified under the following adivity headings.. Costs of raising funds tomprise of tradlng cogts and the costs incurred by the charitable company in inducing third parties to make voluntsry contributions to it, as well as the cost of any actlvllles ￿th a fvndrablng purpose. Expenditure on charitsble activities includes the costs of services and support to members and developiro volunteering and the bcal voluntary sector undertaken lo further the purposes of the charity and their associated support costs. Irrecoverable VAT is charged as a cost against the activity for which the expendiiure was incurred. 1f AlloGation of ¥upport costs Resources expended are allocated to the particular activity where the cost relates direcuy lo that activity. However. Whe￿ co$ts ¢anrot be directly attributed. they have been allocated to actlvlUes on a basis consistent with their use of resources. Premises are alkic8ted proports'onate to fi)or space occupied by each activity as followg.. M8mb8r S8rvic8s and Support 4.8% Sector Development and Volunteering 94.6% Support costs 0.5Yo Governance costs 0.1% Other costs of administration are alhxated per capila VAI stsff and othÈr occupants of the Resource Cenlre a$ follows.. Member Services and Support Sector Development and Volunl8ering Support costs Govemance costs 10.8% 87.9Yo 1.1V 0.2% Support and govemance costs are re-allocaled to each of the activities on the foll￿ng basls which is an estimate, based on staff lime, of the amount attributsble to each activity: Member Services and Support 27.3¥0 Sector Development and Volunteering 72.7Y Governence ￿518 are the costs associated with th& governance a￿angements of the charity. These costs ar8 associated with conslilutional and ststutory requirements and include any costs associated wth the strategi¢ management of the chariws actIv￿es. 23

Voluntary A¢tlon Islington Limited Notès to the financial statements For thg ar ended 31 March 2021 Accounting poli¢i¢s (¢ontlnued) lg OpeTating leases Rentals payable under operating leases, where substantially all the risks and rewards of ownership remain with the thsor, are Charged to the sLqtement of financial activities on a straight line basis over the length of the18ase. 1 h Tanglblg fixed a$8ets Items of gqulpmenl are capllalised where thg purchase price exceeds £2,000. Depreciation costs 8re allocated to aclmties on the basis of the use of the related assets in those aclivilies. Assets ar8 revi8wèd for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. Depreciation is provided on a stralght-line basis at rates calculated to wiite down the cost of each asset lo ils eslimaled residual value over its expected useful life. The depreciation rates in use a￿ as follows.. Fumilure, Fixtures and Equipment Leasehold propety 4 years The lesser of 15 yeais or the remaining I￿$￿ term 11 Llst•d Inv•stments Investments are a fomi of basic financial instrument and are Inlllally recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value wll be recognised in the slatement of finanGial a¢liviti8s. 1J Debtors Trade and other debtors a￿ recognised al the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid of any trade discounts due. 1k Cash at bank and In hand Cash at bank and cash in hand includes cash and short t8mi highty liqtjid invegtmenls with a short malurily of three months or less from Ihe dale of a¢quisthon or opening of the deposit or sirnilar account. 11 Crodltor¥ ond provlslons Creditors and provisions are recognised where the charity has a pregenl obligatlon resulting from a past event that will probably resutt in the transfer of funds to a third paty and the amount due to settle the obligation can be measurBd or estimal8d rèliably. Creéilors and provisions arg nomially recognised at Ihelr settlement amount after allowng for any traée discoun1$ due. 24

Voluntary A¢lion l$llngton Llmited Notes to the flnanclal stat•mants Forthe ar gnded 31 March 2021 Incom• from donation$ and legacles Reslrided Unrestrlcted 2021 Total 2020 Total London Borough of lslington Other grants and similar income. under £5.000 each 75.000 75,000 75,000 3.750 716 4.466 260 3.750 75.716 79.466 75,260 Voluntary Action Islinglon benefit from a Sedlon 106 Agreement that provides accommodatlon al a p8ppercorn rent. As it is not possibl8 to put an accurate value to this, It has not been recognised In th& Stsl&ment of Finan¢ial A¢tivities. Income from charltable aGtlvltig5 Restricted Unreslricled 2021 Total 2020 Total Greater London Authority {via Hackney Ctyjncil for Voluntary Service) Young Londoner's Fund N&ts•mrk London Borough of Islington Children and Young People's Voluntary Sector Forum Donations and similar income, under £5,000 each SulFtolal for Member Services and Support 6.585 6,585 8,231 20.000 20,000 20,000 6.483 20.000 6,585 26.585 34.714 London Community Response Fund (via City Bridgg Trust) Strengthening communities through volunteering Community resource and other sèThice income London Borough of Islington COVID-19 vaccination roll-out support Donations and similar income, under £5.000 each Sub-total for Sector Development and Volunteering 20.110 20.110 117,439 117,439 294,340 12.020 12,020 20.000 3,000 14.897 17.897 23,110 144,356 167N66 314,340 Total income from charitable acllvities 43,110 150,>11 194,051 349,054 25

Voluntary Actlon Isllngton Limited Not•s to tho finan¢lal statoments For the ear ended 31 MarGh 2021 4 Other Income Restricted Unrestricted 2021 Total 2020 Total Coronavirus Job Retention Schgme London Borough of l$lington Additonal Restrictions Grant supporting Islinglon businesses through Covid 19 24,562 24,562 8,000 8.IN)O 32.562 32,562 26

Voluntary Action lslington Limited Notos to tho flnancial statomgnts Forthe ear ended 31 March 2021 5 Analysis of expenditure 5a Current year Charitable activities Governance costs Support costs 2021 Total 2020 Total Sector Memb8r Develop- Services ment and and Support Volunteering Staff costs {note 6) Agency staff Other staff costs 82,478 136,172 1.853 11.269 18.142 670 231,772 18.142 1,695 255,97S 15.572 5.024 380 639 DireGt aGtivty wsts 9.957 2.711 12.734 29.168 Premises Depreciation Admin and ICT Compliance Audit Legal and other 2,526 49,829 39 505 13.892 220 52.899 13.892 27.164 68,743 13,892 40.499 2,388 24,521 35 5,100 5,100 3,430 366,828 439.143 5,100 5,170 110 97 3,223 47,987 97.839 213.969 7.033 Governance costs 2,608 4,425 35,555 17.033) Support Costs 12.432 47.987 Total expendfture 2021 112,879 253,949 366.828 439,143 5b Prlor yoar Direct 8xpenditure Svpport and governance ¢osts allocated 130,456 235,$68 8.067 65,052 439.143 23.526 49,593 8.067 65.052 Total •xp•ndllur• 2020 153,982 285,161 439,143 Support and governance Costs have been allocated on the basis of slaff hours engaged in ea¢h a¢fjvity (note 1fj. Of the totsl expendlture, £321.203 was unrestricted {2020: £407,495) and £45.625 was restricted {2020: £31,648). 27

Voluntary Adion Islin9ton Umlt•d Notes to the Ilnanclal statements For the ear ended 31 March 2021 Analysis of staff Gost$, trustee remun•ration and expens•s and k•y management Staff costs were as follows.. 2021 2020 Salaries and wages Social security costs Employer's contribution to definad contrlbuknon penslon schemes 203.971 16,966 10.835 231,772 18.142 223.012 20,484 12.479 255,975 15,572 Agency costs 249.914 271,547 No 8mploye6 received employeg benefits (excluding employer pen5K)n} exceeding £60,000 during the year12020: No employee}. The total employee benefits induding pension contributions and employerfs n81ional insurance of the key management personnel were £65.18912020." £68.8191. The charity trustees were not paid or received any other benefts from employment with the charity in the year {2020 £nill. No tharity trustee re￿Ived payment for professional or other serwces supplied lo the charity in the year12020'. £nil) and no Iru$tees wtt￿ relmbursed expenses {2020.' none). Staff numbers: The average number of empbyees (head Gount based on number of staff employed) during the year was 612020= 6). The 8verage number of employees (lull time equivalent) durin9 thè year and by a¢tlvlty was as follows: 2021 No. 2020 No. M8mb8r S8rwc8s and Support Sector Development and Volunteering Support and govemanc8 Taxatlon The charitable company is exempl trom corporation lax as all its income 1$ Charitable and is applied for charitable purposgs. 28

Voluntary Action Islington Limit•d Not¢$ to the flnanclal statements For the ar ended 31 March 2021 Net Income {expenditure} for the year This is staled after chargirKJ: 2021 2020 Depreciation Board of Trustees - indemnity insurance Operating lease charges Auditors, remun8ration 13,892 538 5,434 4.250 13,892 588 5,428 4.250 Tangiblo fixod auots Furniture, Fixtures and Lgasohold Equipment propety 2021 Total Cosl At 1 April 2020 Disposals in year 106,298 104 133,950 240,248 104 At 31 March 2021 106,194 133,950 240,144 Depreciation At 1 April 2020 Charge for the year Eliminated on disposal 101,226 1,880 104 85.902 12,012 187.128 13,892 104 At 31 March 2021 103,002 97,914 200.916 Net book value At 31 March 2021 3,192 36,036 39,228 At 31 March 2020 5,072 48,048 53.120 All of th• abov• assets are used for charitable purposes.

Voluntary kntion Islington Limil•d Not¢$ to Iho finan¢lal statsments For thg gar gndèd 31 March 2021 10 Flx•d asset Inveslments 2021 2020 Llstèd Investments (note 1 Oa) Investment in subsidiary company Inole 10bl 157,543 202.610 157,544 202,611 10a Listed inv•stments 2021 2020 Analysis of movement of Investments Market value at start of year Disposals at market value Realisgd gains I Ilossesl Unrealised gains I (losses) Market value at year end 201,855 170.000> 6.131 18,802 156,788 246,006 144,1511 201.855 Cash instruments and cash held for reinvestment 755 755 Fair value al year end 157,543 202.610 HistoriGal wst 156.595 239,673 The inveslments comprise iwo UK unit trusts. 10b Inveslmont in $ub$ldlory ¢ompany VAI beneficialty owns the entire shar8 capital of Voluntary Action Services Limited (a company limited by share capital, company no. 8612449 (England and Wales)). through which VAI'S ommerGial trading previously Icx)k place. In September 2016 the decislon was taken to suspend trading through the company. Thè company remained domanl at 31 March 2021. The share ¢apilal and reserves of the subsidiary are not material and the￿fore no consolidated accounts have been p￿pared. Disdosure Is conflned to thls note to the accounts. 2021 2020 Investsnenl in Voluntary Action Services Ltd at cost Al 31 March 2021 VAI held on8 Share of £1. being the entire share captlal of the trading company.

Voluntary Actlon Isllngton Limi¢•d Notes lo the financial statements For th¢ arended 31 March 2021 10b IDvestrnenl in subsldlary company {contlnuedl Relevant financial information regarding Voluntary Action Services Ltd is as folkw￿. 2021 2020 Assets Liabilities Totsl funds 11 Debtors 2021 2020 Trade debto Other debtors Prepayrnents 5.760 23.387 5.319 4,649 9,445 5,119 34,466 19.213 12 Cr•ditors: amounts lalllng due wlthin on• y•ar 2021 2020 Amount due undgr finance lease Tax and social security costs Trade creditors AccruaLs Deferred income 5.339 6,552 12,909 35,465 4,884 4,727 5,783 8.306 15.009 4.789 65.149 38,614 D•f•rred Income 2021 2020 Balance at the beginning of the year Amount released to income in the year Amount deferred in the year 4.789 14,789) 4.884 1,453 11.4531 4,789 Balance at the end of the year 4.884 4,789 Deferred income ￿mpriseS fv40 {2020.' thre81 partially del'vered seryice contocls. 31

Voluntary Action Islington Limiled NotOS to th• finan¢ial statements For the ear ended 31 March 2021 13 Cr•ditorn: amount$ falllng due after one year 2021 2020 Amount due under finance lease 5,339 5.339 VAI &ntered into a thre&yoar lease to finance the installation of LED lighting in February 2019 14 Rolatod party transactlons There are no relaled paty transactions to disclose for 2021 12020: none). There are no donations from related parties whKh are outside the normal course of businass and no reslricled donations from related parties. 15 Analysis of group nèt assets bet4veen funds 15a Curront year Resiricted funds Designated funds General funds Total funds Tangibl8 fLxed assets Investment assets Net current assets 21.021 11,081 100.000 58.000 7,126 57.544 102.158 39.228 157.544 71,661 27,503 assets at 31 Mar¢h 2021 48.524 53.081 166.828 268,433 15b Prior year Restricted Designated General Total Tangible fixed 858ets Investment assets Net ¢urrenl assets Long t8m liabilities 28,029 15,590 100,000 2.OCK) 9,501 102,611 23,108 5,339 53,120 202.611 44,368 5.339 19,260 Not a$$ots at 31 March 2020 47,289 117,590 129,881 294,760 32

Voluntary Actlon Islington Limit•d Notes to the financlal Statements For the ar ended 31 March 2021 16 Mov•monts in funds 16a Current year At th8 start ofthe year Incoming Outgoing and and gain5 losses At th• ènd Transfars of the year Restricted funds: Children and Young P8oplè's Voluntary Sector Forum Islington Environment Forum Infrastructure support strengthening communlties through volunteering Voluntary and Community Sector Emergency Partnership Fixed assets 13,695 5.565 20,000 111,757) 21.938 5.565 3,750 (3,750) 20.110 {20.110) 3.000 13,0001 7.008 28.029 21,021 Tol•l reslrl¢ted funds 47,289 46,860 45,625 48.524 Unrostricted funds: De&gnated fvnds." Building improvement ICT infrastructure development Relocation Service continuity Service development Fixed assets 5,000 4,000 65,000 15.000 13,000 15.590 5.000 4.000 33,000 132,000) 115,0001 113,000) 4.509 Total deswnatsd funds General funds 117.590 14,509} 316,694 160,000) 60,000 53,081 166,828 129881 293,641 Total unrostrfdod funds 247 471 293,641 321,203 219.909 Total funds 294.760 340.501 366.828 268 433

Voluntary A¢tion l$llngion Llmltod Notos tt> the flnanclal slatements For the ear ended 31 March 2021 18 M¢)voments In funds Icontlnuod) 16b Prior year At the start of the year Incoming Outgoing and and gains losses At the end Transfers of the year Restrlcted funds: Children and Young People's Voluntary Sector Forum lslinglon Environment Forml Fixed assels 18,335 5,565 35,037 20.000 124.6401 13.695 5,565 28.029 7.008 Total restricted funds 58,937 20.000 31,648 47.289 Unrnstrlctad fund$: Designated funds.. Building improvement ICT infrastructure development Relocation SeNice ￿ntinuty Service development Fixed assets 5.000 12,000 65.000 15,000 13,000 14,850 124,850 5.000 4.000 65.000 15.000 13,000 15.590 117.590 14,536) (3.4641 4,509 19,045> 442.601 5.249 1,785 Total designated funds General funds 177,319 396.948 1.785 129.881 Total unrestricted funds 302 169 396,948 416,948 451,646 483.294 247,471 294,760 Total funds 361,106

Volunlary Actlon Isllngton Limitod Notes to the financial stalemenl$ For the ear ended 31 March 2021 16c Movements in funds (contlnuod) Purpose of restrlcted funds Children and Young Funds provided by the London Borough of Islington to support People's Voluntary Sector acltvili88 by the Children's Voluntary Sector Forum. Forum Islington Environment Forum Funds transferred from Groundworf( London that a￿ for activities undertaken by the Islington Environment Forum. Infrastructure support Grants from London Plus for purchasing laptops to support the Volunteer Cenlre's response to COV￿-19. Strengthening communities through volunteering A grant paid by City Bridge Trust from the London Community Response Fund to support VCS groups to adapt their serviGes in response to Covid-19. Voluntary and Community A grant from NAVCA to provide local intelligence, supplled vla Sector Emergency weekly Emergency Partnerships Pulse Check Surveys, about local Partnership priorty concems arising from Covid-19. Fixed ass8ts To cover the future depreciation of Voluntary Action lslington's fixed assets originally paid for from reslricled fun¢Jing. Purpose of designated funds Bulldlng Improvement A fund to invest in improving thé Resource Centre 80 that il remains an up to date facility Ihal is attractive to charities and community organi$abons. ICT infrastructure development A fvnd lo invest in essentlal improvements to the ICT infrastructure of the Resource Centre. Relocation A fund to be bullt up over the next 10 years so that Volunlary Aclion Islinglon 1$ in a position to manage its liabilitses al the and of the lease on the currgnt building in 2024 arKI to seek alternative premises. Servlce continully Funds to support continuity of service provision durfng a period when our income has been t1ecreasing. Di￿tinued in 2021. Service development A fund to devglop new services. Discontinued in 2021. Fixed assets To cover the fLrture depreciation of Voluntary Action l$lington'$ fixed assets originally paid for from unrestricted funds, excluding those purehased under the finance lease. 35

Voluntary Actlon Islington Limited Noto$ to the Ilnancial $latsmenls For Ihe ar ended 31 March 2021 17 R•conciliation of net Income l (expendlturel to net Gash flow from op•rating acllvities 2021 2020 Net movem￿1 In funds for the reportlng period (as per the statement of finan¢lal actlvltles) Depreciation Interest, rent and dividends from investments (Gains) I losses on investments (Increase) I decrease in deblots Increasé I Idecreasel in creditors Not cash provided by l {used Inl operating activities 126.327 {66.3461 13,892 19.4891 (24,9331 (15.2531 21.196 40.914 13,892 (12.6341 44,151 8.197 9,457 22.197 18 Analys15 of Gash and cash equlvalents At31 March 2021 At 1 April 2020 Other changes Cash flows Cash at bank and in hand Cash held by investment managers 63.769 755 38,575 102,344 755 Total cash and cash equlval•nts 64.524 38.575 103,099 19 Operatlng lease commitrngnts The charws lotsl future minimum lease payments under nOn￿nCelIable operating leases is as follows for each of the following periods Equlpment 2021 2020 Less than one year One to five years 5,428 7.436 5,428 12.864 12.864 18.292 20 Contingent liabilty Under the terms ol lease for its current wemlses Voluntary Action Islinglon is Ilable for the costs of restoring the property to Tts original Condition, including removal of all fixtures and fillings, if so required by the landlord when yielding up th& property al the end of the lease term (October 20241. The extent of the works Ihal will be required and the consequent cost cannot reasonably be estimated al this time and so no provision ha5 been made for this in the accounts.

Voluntary Acllon Isllngton Limited Ngte5 to the financial statements For the ar ended 31 Mar¢h 2021 21 Company limited by guarantee VolL•ntary Action Islington is a company limited by guaranlge and accordingly does not hav8 a share capital. Ev&ry member of the company undertakes to contribute such amounl as may be required not exceeding £10 to the assets of Ihe charitable company in the event of its being wound up whll8 he or she is a member, or within on8 year after he or she ￿aSe5 to be # member. 37