REGISTERED CHARITY NUMBER 510412
SYSTON AND DISTRICT
VOLUNTEER CENTRE
STATEMENT OF ACCOUNTS
FOR THE YEAR ENDED
31 MARCH 2025
THE ROWLEYS PARTNERSHIP LIMITED CHARTERED ACCOUNTANTS CHARNWOOD HOUSE HARCOURT WAY MERIDIAN BUSINESS PARK LE19 1WP
SYSTON AND DISTRICT VOLUNTEER CENTRE
CONTENTS
| Page | |
|---|---|
| Legal and Administrative information | 2 |
| Chairman’s report | 3 |
| Trustees report | 4-6 |
| Independent examiners report | 7 |
| Statement offinancial activities | 8 |
| Balance sheet | 9 |
| Notestothefinancialstatements | 10-17 |
1
SYSTON AND DISTRICT VOLUNTEER CENTRE LEGAL AND ADMINISTRATIVE INFORMATION
Charity Name Syston and District Volunteer Centre
Trustees
Mr P Lomas (CHAIRMAN)
Mr C Grimes (SECRETARY) - Deceased 19 August 2024 Mrs C E Ringrose (TREASURER) Mrs F Henry Mr P Castille MrsJ Branston - Deceased 13 October 2024 Mr P Turner - Resigned 31 July 2024 MrJ Shelton Mr Mark Andrew Smith
Charity Number
510412
Principal Address 18 School Street Syston Leicester LE7 1HN
Independent Examiner
The Rowley Partnership Limited Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester LE19 1WP
Bankers
HSBC 2-6 Gallowtree Gate Leicester LE11DA
2
SYSTON AND DISTRICT VOLUNTEER CENTRE CHAIRMANS REPORT
FOR THE YEAR ENDED 31 MARCH 2025
We have concluded another successful year, providing transport facilities to the vulnerable sector of the local community.
The Charity is reliant on the goodwill of our volunteer drivers who provide these essential services and who at the same time feel proud to help others less fortunate who want to continue to have independence.
The last 12 months have seen sad times. | and the Board of Trustees would want to remember the sad passing of Colin Grimes and Josie Branston. Both these individuals have been stalwarts of the Charity as Trustees and much more. Their contributions were immense and will be difficult to replace.
In contrast some great success as we assisted the formation of Timeless Connections. This is a Dementia café which opened in September 2024 and has proved to be a very worthwhile addition to the many facilities offered in the Community.
We were proud to receive the Community Service Award from the RCC (Rural Community Council) at their centenary event.
We also hosted a well-attended Christmas party to thank our drivers and recognise their contributions.
On behalf of the Charity, | would like to thank our Volunteers, Staff and Trustees for their continued support and commitment, which without them we would not have existed.
1 Ne a L ae - ae Paul G Lomas
Chairman
\ Date: JC ety 22S
3
SYSTON AND DISTRICT VOLUNTEER CENTRE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES' REPORT
The Trustees present their annual report with the financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
Structure, Governance and Management
The charity is governed by its constitution which was adopted on 22 May 1980 and amended on 6 November 2000.
The Trustees are appointed or re-appointed at the Annual General Meeting and meet monthly for business.
New Trustees are advised of their obligations under charity law, the content of the Declaration of Trust as well as the structure and decision-making process of the Committee.
The Trustees ofthe[charity] delegate the day[ to] day running[of] the[organisation][to] the[charity's][staff.]
Governance and support costs are shown in the notes to the accounts.
The types of funds are disclosed on the face of the balance sheet.
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to those risks.
Objectives and Activities
The objectives of the charity are to develop and provide a programme of voluntary services relevant to the interests and needs of its membership and the local community.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
Achievements and Performance
The level of performance against objectives reflects the commitment of volunteers who give their time and energy freely. The leadership and management of this activity is the primary responsibility of the Trustees and paid staff.
4
SYSTON AND DISTRICT VOLUNTEER CENTRE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES' REPORT CONTINUED
The Centre maintains its core priority to provide transport services to the Community assisting the elderly, disabled and rurally isolated residents to sustain and develop an independent life.
It has been a difficult year for the Charity with the loss of the Trustee Secretary — Colin Grimes and Josie Branston not only a Trustee but an active member.
The knowledge and commitment given by Colin contributed to the development of the successful Charity we have to-day. He was responsible for compilation and launch a Directory of the community services organisations which is now featured in our re-designed web site and is available, free of charge, in printed copy format.
The Trustees thank both Colin and Josie for their dedication and commitment to the Charity.
The costs of living crisis has impacted on the Charity together with the loss of financial support from Charnwood Borough Council.
We do however continue to receive financial support from Leicestershire County Council.
During the year, we have once again been fortunate to receive a number of donations. These include monies donated by our members and from families of deceased members.
The Trustees wish to express their sincere thanks for these valuable donations and funding which, added to our income, help us to continue to provide the much-needed support and service to our growing membership within Syston and the surrounding area.
The Board of Trustees would like to record our thanks to member Josie Pick for her continued sterling efforts in raising a total £454 from the monthly Community Lunch raffle.
During the last 12 months, we have seen a continued increase in demand for the services we provide.
As a volunteer-led organisation, we are sincerely grateful to our volunteer drivers but, as ever, need more.
During the year our members needed our support for over 68,000 miles of which over 46,000 were using volunteer vehicles. We benefitted having help of 41 volunteers having a core of 22 drivers. We calculate our members needed approximately 5,600 hours of which our volunteers gave over 3,600 hours.
Our office staff Manager Andy Shelton and Transport Co-ordinator Mick Court continue to provide an excellent service to our members with the additional support of drivers Andy Hathaway and Kevin Boulter Volunteer Carolyn Stokes for organising our minibus trips.
Our strength is in maintaining our core values whilst looking at other related opportunities which can benefit the community we operate in.
5
SYSTON AND DISTRICT VOLUNTEER CENTRE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES' REPORT CONTINUED
The Board are responsible for ensuring that all the activities of the Centre are carried out in a professional manner in line with Health & Safety and Charity Commission guidelines. Each of our Trustees play a vital role now and even more so when the future is uncertain.
Financial review
The state of the Charity’s finances is shown in the attached Statement of Financial Activities, Balance Sheet, and notes to the accounts.
The total incoming resources for the year were £132,237 (2024 - £142,747), and after deducting resources expended of £156,436 (2024 - £148,560), the net deficit was £24,199 (2024 deficit - £5,813).
The net funds of the Charity at 31 March 2025 amounted to £272,915 (2024 - £297,114) of which £65,503 (2024 - £121,286) was restricted.
The Centre continues to operate in a period of financial uncertainty in relation to core funding from statutory bodies. In view of this the Trustees considered it prudent to retain a designated financial reserve of £54,704 to cover contingencies.
Reserves policy
The Charity's reserves policy is to maintain a level of reserves to ensure that in the event of a reduction in its key funding, the Charity could continue to deliver its services for a period of time whilst considering its position and exploring other funding opportunities. The Trustees feel that the Charity's current level of general and designated reserves is satisfactory in that respect.
Future plans
The Trustees will:
-
e Continue to maintain and develop our core activities of providing community transport, demand for which has increased due to the withdrawal of public transport in many areas, thereby leading to increased numbers of rurally isolated residents.
-
e Develop a fundraising strategy to encourage business to consider supporting our activities as part of their Corporate Responsibility programme.
==> picture [287 x 121] intentionally omitted <==
----- Start of picture text -----
Approved on behalf of the Trustees on. 2S. ab DIS
MrP Lomas
— Chair VE6
----- End of picture text -----
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SYSTON AND DISTRICT VOLUNTEER CENTRE
| report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 8 to 17.
Responsibilities and basis of report
As the charity Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) regulations 2008 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.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Lisa G Parkes FCA FCCA
The Rowleys Partnership Limited Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester LE19 1WP Date:[95] Sth. ~
7
SYSTON AND DISTRICT VOLUNTEER CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Notes | Funds | Funds | Funds | Funds | |
| 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Incoming Resources Donations and Legacies |
2 | 3,130 | - | 3,130 | 8,792 |
| Charitable Activities | 3 | 81,669 | 37,312 | 118,981 | 127,673 |
| Generating Funds Activities | 4 | 1,920 | - | 1,920 | 1,407 |
| Investments | |||||
| Bank Interest | 7,931 | - | 7,931 | 4,635 | |
| Other income | 5 | 275 | - | 275 | 240 |
| TOTAL INCOMING RESOURCES | 94,925 | 37,312 | 132,237 | 142,747 | |
| Expenditure | |||||
| Cost ofGenerating Funds | 6 | 3,958 | - | 3,958 | 3,374 |
| Charitable Activities | 7 | 59,383 | 93,095 | 152,478 | 145,186 |
| 63,341 | 93,095 | 156,436 | 148,560 | ||
| NETMOVEMENT IN FUNDS DURING THE | PERIOD | 31,584 | ( 55,783) | ( 24,199) | (5,813) |
| TOTAL FUNDS BROUGHTFORWARD | 175,828 | 121,286 | 297,114 | 302,927 | |
| TOTALFUNDSCARRIEDFORWARD | 207,412 | 65,503 | 272,915 | 297,114 |
The notes on pages 10 to 17 form part of these financial statements.
8
SYSTON AND DISTRICT VOLUNTEER CENTRE BALANCE SHEET AS AT 31 MARCH 2025
==> picture [442 x 423] intentionally omitted <==
----- Start of picture text -----
NOTE 2025 2024
£ £ £ £
Fixed Assets
Tangible assets 10 69,472 78,159
Current Assets
Debtors 11 10,332 11,647
Cash at Bank and in Hand 202,141 217,295
212,473 228,942
Current liabilities
Creditors falling due within
one year 12 9,030 9,987
Net current assets 203,443 218,955
Total assets less current
liabilities 272,915 297,114
Represented by:
General Fund 207,412 175,828
Restricted Funds 14 65,503 121,286
272,915 297,114
The notes on pages 10 to 17 form part of these financial statements.
----- End of picture text -----
Approved on behalf of the Trustees on Sate aS)owaAonasS
==> picture [76 x 20] intentionally omitted <==
----- Start of picture text -----
Mrs C E Ringrose
Trustee - Treasurer
----- End of picture text -----
9
SYSTON AND DISTRICT VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
1.1 General information and basis of preparation of financial statements.
Syston and District Volunteer Centre is an unincorporated charity registered in England and Wales. The address of the charity is given in the charity information on page 2 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011 and the UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the financial currency of the charity and rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
1.2 Going Concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 twelve months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
1.3 Funds Structure
Certain income is given for specific purposes. These funds are shown as restricted funds. As the money is spent, likewise the cost will also be shown under restricted funds. Other funds given to further the charitable objects generally are classed as unrestricted funds. These may also include designated funds where the Trustees, at their discretion, have created a fund for a specific purpose.
10
SYSTON AND DISTRICT VOLUNTEER CENTRE NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies (continued)
1.4 Incoming resources
All incoming resources are recognised once the charity has legal entitlement to the resources, it is certain that resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.
Interest income is recognised as the charity's right to receive payment is established.
1.5 Grant Income
Grant income is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.
1.6 Legacies
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected Lo be distribuled. On these occasions, the legacy Is treated as a contingent asset and disclosed.
1.7 Resources expended
- Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category.
Expenditure includes any VAT that cannot be fully recovered and is reported as part of the expenditure to which it relates.
Support costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include accountancy fees.
1.8 Tangible Fixed Assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of each asset over its expected life, as follows:
Freehold Property 2% on a straight line basis Motor Vehicles 20% on a straight line basis Computer Equipment 33% on a Straight line basis Fixtures & Fittings 20% on a straight line basis
11
SYSTON AND DISTRICT VOLUNTEER CENTRE NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies (continued)
1.9 Taxation
The charity is exempt from tax on its charitable activities.
1.10 Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and that are considered as receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
1.11 Cash and cash equivalent
Cash and cash equivalents comprise cash in hand and cash on deposit.
1.12 Defined contribution pension plan
The charity operates a defined contribution pension plan for its employees. The amount recognised as an expense in the year was £ 1,474 (2024 - £1,417).
1.13 Government grants
Government grants receivable in relation to the job retention scheme are recognised as income over the periods necessary to match them against the related costs which they are intended to compensate, on a systemic basis. Other Government grants received are recognised at the point of receipt. Government grants are shown separately as other income.
12
SYSTON AND DISTRICT VOLUNTEER CENTRE NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | ||
| 2. | Incoming resources: | £ | £ | £ | £ | £ | £ |
| Donations and Legacies | |||||||
| Comprise Donations Received from | |||||||
| Individualsand Local Organisations | 3,130 | - | 3,130 | 8,792 | - | 8,792 | |
| 3,130 | - | 3,130 | 8,792 | - | 8,792 | ||
| 3. | Incoming resources: | ||||||
| Charitable Activities | |||||||
| Leicestershire CC - Grants | - | 37,312 | 37,312 | - | 37,310 | 37,310 | |
| Leicestershire CC -Contracts | 27,417 | - | 27,417 | 28,113 | - | 28,113 | |
| Charnwood Borough Council | - | - | - | 9,537 | - | 9,537 | |
| Department ofTransport | 1,442 | - | 1,442 | 1,267 | - | 1,267 | |
| Minibus Income | 3,832 | - | 3,832 | 3,096 | - | 3,096 | |
| Social Trips | 7,950 | - | 7,950 | 8,908 | - | 8,908 | |
| Social Car Income | 35,780 | - | 35,780 | 35,794 | - | 35,794 | |
| MobilityAids | 733 | - | 733 | 299 | - | 299 | |
| Membership | 3,515 | - | 3,515 | 3,297 | - | 3,297 | |
| Sundry | 1,000 | : | 1,000 | 52 | - | $2 | |
| 81,669 | 37,312 | 118,981 | 90,363 | 37,310 | 127,673 | ||
| 4. | Incomingresources: | ||||||
| Raising Funds | |||||||
| 200Club | 1,566 | - | 1,566 | 1,407 | - | 1,407 | |
| Sundry | 354 | - | 354 | - | - | - | |
| 1,920 | - | 1,920 | 1,407 | - | 1,407 | ||
| 5. | Incoming resources: | ||||||
| Other income | |||||||
| Help is at Hand Exhibition | 275 | - | 275 | 240 | - | 240 | |
| 6. | Expenditure: | weeCe | L_ 4 | ||||
| Other expenditure | |||||||
| 200 Club Distribution | 1,300 | - | 1,300 | 870 | - | 870 | |
| Help is at Hand Exhibition | 2,658 | - | 2,658 | 2,504 | - | 2,504 | |
| 3,958 | - | 3,958 | 3,374 | - | 3,374 |
13
SYSTON AND DISTRICT VOLUNTEER CENTRE NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | ||
| 7. | Expenditure: | £ | £ | £ | £ | £ | £ |
| Charitable activities | |||||||
| MotorVehicle Expenses | |||||||
| Fuel | 1,562 | 2,345 | 3,907 | 3,453 | 1,151 | 4,604 | |
| Insurance | 1,829 | 2,743 | 4,572 | 4,327 | 1,589 | 5,916 | |
| Repairs and Maintenance | 2,290 | 3,435 | 5,725 | 4,877 | 1,479 | 6,356 | |
| Depreciation | 1,600 7,281 |
6,226 14,749 |
7,826 22,030 |
1,600 14,257 |
6,230 10,449 |
7,830 24,706 |
|
| Premises Costs | |||||||
| Water | 125 | 187 | 312 | 206 | 68 | 274 | |
| Lightand Heat | 737 | 1,106 | 1,843 | 935 | 312 | 1,247 | |
| Insurance | 588 | 881 | 1,469 | 980 | 327 | 1,307 | |
| Cleaning Repairs and Maintenance | 192 | 288 | 480 | 549 | 183 | 732 | |
| Depreciation | 600 2,242 |
900 3,362 |
1,500 5,604 |
1,125 3,795 |
375 1,265 |
1,500 5,060 |
|
| Support and Administration Costs | |||||||
| StaffSalaries | 29,975 | 44,962 | 74,937 | 50,506 | 16,943 | 67,449 | |
| Pension Costs | 590 | 884 | 1,474 | 1,417 | - | 1,417 | |
| Advertising | 1,131 | 1,697 | 2,828 | 365 | 122 | 487 | |
| Bad Debts | 77 | 116 | 193 | - | - | - | |
| Bank Charges | 130 | 196 | 326 | 332 | 111 | 443 | |
| Computer Equipmentand Maintenance | 1,053 | 1,579 | 2,632 | 2,969 | 990 | 3,959 | |
| Conferences/Training | - | - | - | 659 | - | 659 | |
| Postage | 814 | 1,221 | 2,035 | 1,312 | 438 | 1,750 | |
| Professional fees and Subscriptions | 2,237 | 2,756 | 4,993 | 3,688 | 1,266 | 4,954 | |
| Stationery and Printing | 1,120 | 1,680 | 2,800 | 2,035 | 501 | 2,536 | |
| Telephone and Broadband | 819 | 1,229 | 2,048 | 751 | 214 | 965 | |
| Travel Expenses | - | - | - | 49 | - | 49 | |
| Miscellaneous | 1,247 | 1,871 | 3,118 | 1,471 | 800 | 2,271 | |
| Depreciation | - | 793 | 793 | 637 | 213 | 850 | |
| 39,193 | 58,984 | 98,177 | 66,191 | 21,598 | 87,789 | ||
| Other | |||||||
| Social Car Expenses | 8,415 | 12,622 | 21,037 | 21,208 | - | 21,208 | |
| Social Trips | 2,252 | 3,378 | 5,630 | 5,199 | - | 5,199 | |
| Citizens Advice Bureau | - | - | - | 391 | 833 | 1,224 | |
| 10,667 | 16,000 | 26,667 | 26,798 | 833 | 27,631 | ||
| 59,383 | 93,095 | 152,478 | 111,041 | 34,145 | 145,186 | ||
| 8. | Staffnumbers and costs | 2025 | 2024 | ||||
| £ | £ | ||||||
| Salariesand wages | 74,935 | 67,449 | |||||
| Pension costs | 1,474 | 1,417 | |||||
| 76,409 | 68,866 | ||||||
| The average number ofpersons employed bythe charity during | the yearwas asfollows: | ||||||
| Number | Number | ||||||
| Managementandadministration | 4 | 4 |
No employees received total employee benefits (excluding employer pension costs) of more than £60,000.
9. Independent Examiners remuneration
The amount of £ 2,900 (2024: £2,688) was paid to the independent examiner for the independent examination. Other service costs of £1,440 in relation to payroll (2024: £1,440).
14
SYSTON AND DISTRICT VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
| 10. | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Freehold | Motor | Fixtures& | Computer | |||
| Property | Vehicles | fittings | equipment | Total | ||
| £ | £ | £ | £ | £ | ||
| COST: | ||||||
| At ist April 2024 | 75,000 | 138,846 | 1,361 | 1,838 | 217,045 | |
| Additions | - | - | - | 1,432 | 1,432 | |
| Disposals | - | - | (539) | - | (539) | |
| At 31st March 2025 | 75,000 | 138,846 | 822 | 3,270 | 217,938 | |
| At 1st April 2024 | 13,500 | 123,016 | 777 | 1,593 | 138,886 | |
| Charge | 1,500 | 7,825 | 95 | 699 | 10,119 | |
| Eliminated on disposals | = | - | (539) | - | (539) | |
| At 31st March 2025 | 15,000 | 130,841 | 333 | 2,292 | 148,466 | |
| NETBOOKVALUE: | ||||||
| At31st March 2025 | 60,000 | 8,005 | 489 | 978 | 69,472 | |
| At31st March 2024 | 61,500 | 15,830 | 584 | 245 | 78,159 | |
| 11. | Debtors | 2025 | 2024 | |||
| £ | £ | |||||
| Trade debtors | 6,282 | 7,577 | ||||
| Prepayments | 4,050 | 4,070 | ||||
| 10,332 | 11,647 | |||||
| 12. | Creditors: Amounts fallingdue | within oneyear | 2025 | 2024 | ||
| £ | £ | |||||
| Trade creditors | 2,273 | 1,030 | ||||
| Accruals and deferred income | 4,335 | 7,509 | ||||
| Other creditors | 2,422 | 1,448 | ||||
| 9,030 ——$—_—$—$—$<————————— |
9,987 =——=—— |
|||||
| 13. | Analysis ofnet assets byfund | |||||
| General | Restricted | Total Funds | Total Funds | |||
| Funds | Funds | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Fired Assels | 3,969 | 65,503 | 69,472 | 73,159 | ||
| Current Assets | 212,473 | - | 212,473 | 228,942 | ||
| Current Liabilities | ( 9,030) | - | ( 9,030) | ( 9,887) | ||
| 207,412 | 65,503 | 272,915 | 297,214 |
13. Analysis of net assets by fund
15
SYSTON AND DISTRICT VOLUNTEER CENTRE
NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 MARCH 2025
14. Analysis of Funds
| Analysis of FundsFunds | |||||
|---|---|---|---|---|---|
| As at | Incoming | Resources | As at | ||
| 01.04.24 | Resources | expended | Transfers | 31.03.25 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds | |||||
| Operating premises | 61,500 | - | (1,500) | - | 60,000 |
| CommunityTransport Grant | 48,476 | 37,312 | (85,085) | - | 703 |
| TelephoneSystem Grant | 280 | - | (280) | - | - |
| National Lottery - Vehicle | 3,830 | . | (3,830) | - | - |
| Horace Taylor Fund - NewVehicle | 7,200 | - | (2,400) | - | 4,800 |
| 121,286 | 37,312 | (93,095) | - | 65,503 | |
| Designated Funds | |||||
| Operating Costs and Vehicles | 60,000 | - | (7,282) | - | 52,718 |
| Benevolent Fund | 500 | - | - | (193) | 307 |
| 200 Club | 1,413 | 1,566 | (1,300) | - | 1,679 |
| 61,913 | 1,566 | (8,582) | (193) | 54,704 | |
| General | 113,915 | 93,359 | (54,759) | 193 | 152,708 |
| 297,114 | 132,237 | (156,436) | - | 272,915 |
Restricted Funds include
Operating premises
The operating premises are restricted for use by the Volunteer Centre to administer their business. Community Transport
Community Transport grant received from Leicestershire County Council restricted to provide transport for the vulnerable, elderly, disabled and rurally isolated for the community in the Syston and District areas. Telephone system grant for total replacement of existing telephones.
National Lottery
National Lottery provided a grant for the purchase of a wheelchair adapted vehicle to provide transport for the vulnerable, elderly, disabled and rurally isolated for the community of Syston and District areas.
Horace Taylor Fund
Grant towards the cost of replacing another wheelchair adapted vehicle to provide transport for the vulnerable, elderly, disabled and rurally isolated for the community of Syston and District areas.
16
SYSTON AND DISTRICT VOLUNTEER CENTRE NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31 MARCH 2025
14. Analysis of Funds continued
Designated Funds include
Three months operating costs in the event of reduction in key funding and the replacement of an existing wheelchair adapted vehicle.
Building Refurbishment project for repairs and continuing refurbishment to the operating premises.
Benevolent Fund assists members when they have difficulty in funding their transport costs.
200 Club represents monies due to winners of the Centre’s monthly lottery draw.
Comparatives for movement in funds
| As at | Incoming | Resources | As at | ||
|---|---|---|---|---|---|
| 01.04.23 | Resources | expended | Transfers | 31.03.24 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds | |||||
| Operating premises | 63,000 | - | (1,500) | - | 61,500 |
| Community Transport | 36,748 | 37,310 | (25,582) | - | 48,476 |
| Telephone System Grant | 280 | . | - | - | 280 |
| CitizensAdviceGrant | 833 | . | (833) | - | - |
| National Lottery-NewVehicle | 7,660 | - | (3,830) | - | 3,830 |
| Horace Taylor Fund - New Vehicle | 9,600 | - | (2,400) | - | 7,200 |
| 118,121 | 37,310 | (34,145) | - | 121,286 | |
| Designated Funds | |||||
| Operating Costs and Vehicles | 55,000 | - | - | 5,000 | 60,000 |
| Building extension project | 3,994 | - | - | (3,994) | - |
| Benevolent Fund | 500 | - | - | - | 500 |
| 200Club | 1,414 | 703 | (870) | 166 | 1,413 |
| 60,908 | 703 | (870) | 1,172 | 61,913 | |
| General | 123,898 | 104,734 | (113,545) | (1,172) | 113,915 |
| 302,927 | 142,747 | (148,560) | - | 297,114 |
15. Related party transactions
There were no related party transactions for the year ended 31 March 2024 and 31 March 2025.
16. Trustees’ expenses
No expenses were paid to the Trustees for 2024 or 2025.
17