2021-03-31-accounts - Voluntary Action Coventry

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			Page	Page
Report ofthe Trustees		1	to	7
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		10	to	11
Cash Flow Statement			12
Notes to the Cash Flow	Statement		13
Notes to the Financial Statements		14	to	23

	for t	he year e	nded 31 March	2021
					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes			E	F
INCOME AND ENDOWMENTS FROII
Donations and legacies			500		500
Charitable activities
Charitable activities			66,888	546,344	613,232	478,530
Investment income			2,614		2,614	32,869
Other income			2,939		2,939	26,282
Total			72,941	546,344	619,285	537,681
EXPENDITURE ON
Charitable activities
Charitable activities			40,501	493,173	533,674	543,860
Governance costs						3,540
Total			40,501	493,173	533,674	547,400
NET INCOME/(EXPENDITURE)			32,440	53,171	85,611	(9,719)
Transfers between	funds	17	(5,636)	5,636
Net movement in funds			26,804	58,807	85,611	(9,719)
RECONCILIATION OF FUNDS
Total funds brought	forward		91,429	17,479	108,908	118,627
TOTAL FUNDS CARRIED FORWARD			118,233	76,286	194,519	108,908

		31	March 2021
					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes		E	E	E
FIXEDASSETS
Tangible assets			1,030		1,030	2,404
CURRENT ASSETS
Debtors		13	41,192	4'I,150	82,342	98,955
Cash at bank and	in hand		106,992	139,003	245,995	176,745
			148,184	180,153	328,337	275,700
CREDITORS
Amounts falling due within one year		14	(30,983)	(103,865)	(134,848)	(169,196)
NET CURRENT ASSETS			117,201	76,288	193,489	106,504
TOTAL ASSETS	LESSCURRENT
LIABILITIES			118,231	76,288	194,519	108,908
NET ASSETS			118,231	76,288	194,519	108,908
FUNDS		17
Unrestricted funds					118,231	91,429
Restricted funds					76,288	17,479
TOTAL FUNDS					194,519	108,908

	for	the year ended 3	1 March 2021
			2021	2020
		Notes	F	E
Cash flows from operating	activities
Cash generated from operations			65,806	43,369
Net cash provided by operating activities			65,806	43,369
Cash flows from investing	activities
Purchase oftangible fixed assets				(2,748)
interest received			598	233
Net cash provided byl(used	in) investing	activities	598	(2,515)
Change in cash and cash	equivalents
in the reporting period			66,404	40,854
Cash and cash equivalents	at the
beginning ofthe reporting	period	2	176,745	135,891
Cash and cash equivalents	at the end
ofthe reporting period		2	243,149	176,745

ACTIVITIES
				2021	2020
				E	E
Net income/(expenditure) for the reporting		period (as per the
Statement of Financial Activities) Adjustments for:				85,611	(9,719)
Depreciation charges				1,374	344
Interest received Decrease/(increase)	in debtors			(598) 16,613	(233) (8,249)
(Decrease)/increase	in creditors			(37,194)	61,226
Net cash provided	by operations			65,806	43,369
ANALYSIS OF CASH AND CASH EQUIVALENTS
				2021	2020
Cash in hand				257	382
Notice deposits (less than 3 months)				245,738	176,363
Overdrafts included	in bank loans and overdrafts		falling due within one
year				(2,846)
Total cash and cash	equivalents			243,149	176,745

		At 1.4.20	Cash flow	At 31.3.21
			E	E
Net cash
Cash at bank and	in hand	176,745	69,250	245,995
Bank overdraft			(2,846)	(2,846)
		176,745	66,404	243,149
Total		176,745	66,404	243,149

								2021	2020
								E	E
Donations								500
INVESTMENT INCOME
								2021	2020
								E
Rents received								2,016	32,636
Deposit account		interest						598	233
								2,614	32,869
INCOME FROM		CHARITABLE ACTIVITIES
								2021	2020
				Activity				F	E
Grants				Charitable		activities		613,232	478,530
Grants received,	included		in the above,			are as follows:
								2021	2020
								E	E
Coventry City Council								271,163	227,148
European Social	Fund and		National		Lottery Community		Fund	60,170	54,787
The 29th May 1961Charitable				Trust					7,500
William A Cadbury									3,750
Henry Smith								55,586	55,608
UK Responsible Authority			(UKRA)					65,379	49,043
National Lottery								64,334	31,930
Coventry & Rugby		CCG						48,264	48,264
Apprentice &YPEPS									500
Heart of England	Community			Association				20,886
NAVCA VCS Emergenices			Partnership					1,500
Hilden Charitable		Trust						1,250
Carried forward								588,532	478,530

5.	INCOME FROM CHARITABLE ACTIVITIES -continued	INCOME FROM CHARITABLE ACTIVITIES -continued	INCOME FROM CHARITABLE ACTIVITIES -continued	INCOME FROM CHARITABLE ACTIVITIES -continued	INCOME FROM CHARITABLE ACTIVITIES -continued
							202 I	2020
	Brought forward						588,532	478,530
	Sheldon Charitable	Trust					4,000
	Eveson Charitable	Trust					10,000
	Garfield Weston Charitable			Trust			10,000
	Baron Davenports						700
							613,232	478,530
6.	CHARITABLE ACTIVITIES			COSTS
							Support
						Direct	costs (see
						Costs	note 7)	Totals
						F	F
	Charitable activities					418,895	114,779	533,674
7.	SUPPORT COSTS
							Governance
						Other	costs	Totals
						F		E
	Charitable activities					114,626	153	114,779
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is	stated after charging/(crediting):
							2021	2020
							E	E
	Depreciation —owned assets						1,374	344
9.	TRUSTEES' REMUNERATION				AND BENEFITS

STAFF COSTS
				2021	2020
					E
Wages and salaries				327,297	267,296
Social security costs				21,479	18,543
Other pension costs				22,942	18,997
				371,718	304,836
The average monthly	number ofemployees	during	the year was as follows:
				2021	2020
Provision				12	9
Support				3	3
Governance				1	1
				16	13

No employees received emoluments in excess off60,000.	No employees received emoluments in excess off60,000.	No employees received emoluments in excess off60,000.	No employees received emoluments in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
				F	E
INCOME AND ENDOWMENTS		FROM
Charitable activities
Charitable activities			48,764	429,766	478,530
Investment income			32,869		32,869
Other income			26,282		26,282
Total			107,915	429,766	537,681
EXPENDITURE ON
Charitable activities
Charitab! e activities			107,973	435,887	543,860
Governance costs			3,540		3,540
Total			111,513	435,887	547,400
NET INCOME/(EXPENDITURE)			(3,598)	(6,121)	(9,719)
Transfers between funds			(7,545)	7,545
Net movement in funds			(11,143)	1,424	(9,719)
RECONCILIATION OF FUNDS
Total funds brought	forward		102,572	16,055	118,627
TOTAL FUNDS CARRIED FORWARD			91,429	17,479	108,908

	for the year ended 31 March	for the year ended 31 March	for the year ended 31 March	2021
12.	TANGIBLE FIXEDASSETS
				Fixtures
				and	Computer
				fittings	equipment	Totals
				E	F
	COST
	At 1 April 2020 and 31	March 2021		14,380	26,141	40,521
	DEPRECIATION
	At 1 April 2020 Charge for year			14,380	23,737 1,374	38,117 1,374
	At 31 March 2021			14,380	25,111	39,491
	NET BOOK VALUE
	At 31 March 2021				1,030	1,030
	At 31 March 2020				2,404	2,404
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
					E	E
	Trade debtors				41,229	86,575
	Other debtors				24,934	100
	Pre payments				16,179	12,280
					82,342	98,955
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2021	2020
					E	F
	Bank loans and overdrafts Trade creditors		(see note 15)		2,846 7,412	30,942
	Social security and other Other creditors		taxes		10,290	5,843 4,009
	Accruals and deferred	income			97,376	124,803
	Accrued expenses				16,924	3,599
					134,848	169,196

At 1stApril 2020 Released during the year Deferred during the year	124,803 (575,359) 547,932	17,364 (489,883) 597,322
At 31st March 2021	97,376	124,803

An analysi	s ofthe maturity	of loans is given belo	w:
				2021	2020
				E	f
Amounts	failing due within	one year on demand:
Bank overdrafts				2,846
LEASING	AGREEMENTS
Minimum	lease payments	under non-cancellable	operating	leases fall due as follows:
				2021	2020
				F	F
Within one year				57,403	57,403
Between one and five years				76,170	20,786
				133,573	78,189

MOVEMENT	MOVEMENT	IN	FUNDS
						Net	Transfers
						movement	between	At
					At 1.4.20	in funds	funds	31.3.21
					F	E	E
Unrestricted		funds
General fund					26,345	32,438	14,274	73,057
Personnel					45,084		(4,910)	40,174
Equipment					5,000			5,000
Property					15,000		(15,000)
					91,429	32,438	(5,636)	118,231
Restricted	funds
Healthwatch					8,694	19,977		28,671
Building Better Opportunities-
Progress					(85)	85
Building Better Opportunities—
Accelerate Henry Smith Asylum, Migration			and Integration	Fund	(798) 7,251	400 8,422 (5,637)	5,636	(398) 15,673 (1)
Community	Fund		- Chat Central		1,652	5,226		6,878
Coventry 4 Good					765			765
CC4Y						24,700		24,700
					17,479	53,173	5,636	76,288
TOTAL FUNDS					108,908	85,611		194,519

Net movement in	funds, includ	ed	in the abo	ve are as follow	s:
					Incoming	Resources	Movement
					resources	expended	in funds
					E		E
Unrestricted funds
General fund					72,940	(40,502)	32,438
Restricted funds
Healthwatch					254,042	(234,065)	19,977
Building Better Opportunities-
Progress					23,106	(23,021)
Building Better Opportunities- Accelerate					37,063	(36,663)	400
Henry Smith Asylum, Migration Community Fund	and integration - Chat Central		Fund		55,586 66,628 46,151	(47,164) (72,265) (40,925)	8,422 (5,637) 5,226
Heart of England					20,886	(20,886)
CC4Y					42,883	(18,183)	24,700
					546,345	(493,172)	53,173
TOTAL FUNDS					619,285	(533,674)	85,611
Comparatives for movement		in	funds
					Net	Transfers
					movement	between	At
				At 1.4.19	in funds	funds	31.3.20
					E	E
Unrestricted funds
General fund Personnel				(93,711) 40,875	(3,598)	123,654 4,209	26,345 45,084
Equipment				5,000			5,000
Commitments				135,408		(135,408)
Property				15,000			15,000
				102,572	(3,598)	(7,545)	91,429
Restricted funds
Healthwatch				10,634	(1,940)		8,694
Building Better Opportunities-
Progress				(79)	(6)		(85)
Building Better Opportunities-
Accelerate				(3)	(795)		(798)
The 29th May 1961Charitable Trust William A Cadbury Henry Smith Asylum, Migration and Integration Fund Community Fund - Chat Central Coventry 4 Good				4,738 765	298 309 2,513 (8,152) 1,652	(298) (309) 8,152	7,251 1,652 765
				16,055	(6,121)	7,545	17,479
TOTAL FUNDS				118,627	(9,719)		108,908

Comparative net	movement in	fu	nds, included in t	he above are as follows	:
				Incoming	Resources	Movement
				resources f	expended	in funds f.
Unrestricted funds
General fund				107,915	(111,513)	(3,598)
Restricted funds
Healthwatch				227,148	(229,088)	(1,940)
Building Better Opportunities-
Progress				18,264	(18,270)	(6)
Building Better Opportunities-
Accelerate				36,523	(37,318)	(795)
The 29th May 1961Charitable		Trust		7,500	(7,202)	298
William A Cadbury				3,750	(3,441)	309
Henry Smith				55,608	(53,095)	2,513
Asylum, Migration	and Integration		Fund	49,043	(57,195)	(8,152)
Community Fund	- Chat Central			31,930	(30,278)	1,652
				429,766	(435,887)	(6,121)
TOTAL FUNDS				537,681	(547,400)	(9,719)

						Net	Transfers
						movement	between	At
					At 1.4.19	in funds	funds	31,3,21
						F
Unrestricted	funds
General fund					(93,711)	28,840	137,928	73,057
Personnel					40,875		(701)	40,174
Equipment					5,000			5,000
Commitments					135,408		(135,408)
Property					15,000		(15,000)
					102,572	28,840	(13,181)	118,231
Restricted funds
Healthwatch					10,634	18,037		28,671
Building Better Opportunities-
Progress					(79)	79
Building Better Opportunities-
Accelerate					(3)	(395)		(398)
The 29th May	1961Charitable		Trust			298	(298)
William A Cadbury						309	(309)
Henry Smith					4,738	10,935		15,673
Asylum, Migration		and integration		Fund		(13,789)	13,788	(1)
Community Fund		—Chat Central				6,878		6,878
Coventry 4 Good					765			765
CC4Y						24,700		24,700
					16,055	47,052	13,181	76,288
TOTAL FUNDS					118,627	75,892		194,519