2023-03-31-accounts - Voluntary Action Coventry

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			Page
Chairman's Report
Report ofthe Trustees		2	to	9
Independent Examiner's	Report		10
Statement of Financial	Activities
Balance Sheet			12
Cash Flow Statement			13
Notes to the Cash Flow	Statement		14
Notes to the Financial Statements		15 to		26

		for t	he year e	nded 31 March	2023
						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes			F	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				5,500		5,500	1,000
Charitable activities
Charitable activities				49,470	584,699	634,169	691,143
Investment income				19,030		19,030	21,733
Other income				7,021		7,021	2,104
Total				81,021	584,699	665,720	715,980
EXPENDITURE ON
Charitable activities
Charitable activities				78,771	580,546	659,317	615,105
NET INCOME				2,250	4,153	6,403	100,875
Transfers between	funds		17	(5,677)	5,677
Net movement in funds				(3,427)	9,830	6,403	100,875
RECONCILIATION	OF FUNDS
Total funds brought	forward			175,325	120,069	295,394	194,519
TOTAL FUNDS CARRIED FORWARD				171,898	129,899	301,797	295,394

					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E		F
CURRENT ASSETS
Debtors		13	18,506	33,708	52,214	35,588
Cash at bank and	in hand		182,987	122,111	305,098	402,160
			201,493	155,819	357,312	437,748
CREDITORS
Amounts falling due within one year		14	(29,595)	(25,920)	(55,515)	(142,354)
NET CURRENT ASSETS			171,898	129,899	301,797	295,394
TOTAL ASSETS	LESSCURRENT
LIABILITIES			171,898	129,899	301,797	295,394
NET ASSETS			171,898	129,899	301,797	295,394
FUNDS		17
Unrestricted funds					171,898	175,325
Restricted funds					129,899	120,069
TOTAL FUNDS					301,797	295,394

		for	the year ended 3	1 March 2023
				2023	2022
			Notes	F
Cash flows from	operating	activities
Cash generated from operations			1	(104,713)	155,924
Net cash (used in)/provided		by operating	activities	(104,713)	155,924
Cash flows from	investing	activities
Interest received				2,080	264
Net cash provided	by investing activities			2,080	264
Change in cash	and cash	equivalents
in the reporting	period			(102,633)	156,188
Cash and cash equivalents		at the
beginning ofthe	reporting	period	2	399,337	243,149
Cash and cash equivalents		at the end
ofthe reporting	period		2	296,704	399,337

	for the year ende	for the year ende	d 31 March 2023	d 31 March 2023
RECONCILIATION	OF NET INCOME TO NET		CASH FLOW FROM OPERATING ACTIVITIES
			2023	2022
			F	F
Net income for the	reporting	period (as per the Statement of
Financial Activities)			6,403	100,875
Adjustments for:
Depreciation charges				1,031
Interest received			(2,080)	(264)
(increase)/decrease	in debtors		(16,626)	46,753
(Decrease)/increase	in creditors		(92,410)	7,529
Net cash (used in)/provided		by operations	(104,713)	155,924
ANALYSIS OF CASH AND CASH EQUIVALENTS
			2023	2022
				E
Cash in hand			187	276
Notice deposits (less than 3 months)			304,911	401,884
Overdraffs included	in bank loans and overdrafts		falling due within one
year			(8,394)	(2,823)
Total cash and cash	equivalents		296,704	399,337

ANALYSIS OF C	HANGES IN NET FUNDS
		At 1.4.22	Cash flow	At 31.3.23
		E	F
Net cash
Cash at bank and	in hand	402,160	(97,062)	305,098
Bank overdrafts		(2,823)	(5,571)	(8,394)
		399,337	(102,633)	296,704
Total		399,337	(102,633)	296,704

lessor are charged to the Statement	lessor are charged to the Statement	lessor are charged to the Statement	lessor are charged to the Statement	lessor are charged to the Statement	lessor are charged to the Statement	lessor are charged to the Statement	of	Financial Activiti	es as they fall	due.
DONATIONS AND LEGACIES
										2023	2022
										E	E
Donations										1,500	1,000
Grants										4,000
										5,500	1,000
INVESTMENT INCONIE
										2023	2022
										F
Rents received										16,950	21,469
Deposit	account		interest							2,080	264
										19,030	21,733
INCOME		FROM	CHARITABLE ACTIVITIES
										2023	2022
						Activity
Grants						Charitable		activities		634,169	691,143
Grants received,			included		in the above,			are as follows:
										2023	2022
											F
Coventry		City Council								261,000	261,000
European		Social	Fund and		National		Lottery Community		Fund	25,169	54,180
CDA										42,541
William	A Cadbury										15,000
Henry Smith											23,333
UK Responsible			Authority		(UKRA)					64,654	85,445
National		Lottery								99,520	51,217
Coventry		8 Rugby		CCG						49,470	48,264
Heart of England				Community		Association					7,914
Carried	forward									542,354	546,353

		NOTES TO THE FINANCIAL STATEME for the year ended 31 March	NOTES TO THE FINANCIAL STATEME for the year ended 31 March	NOTES TO THE FINANCIAL STATEME for the year ended 31 March	NTS - continu 2023	ed
5.	INCOME	FRONI CHARITABLE ACTIVITIES - continued
						2023	2022
							E
	Brought forward					542,354	546,353
	NAVCA VCS Emergenices		Partnership				3,000
	Coventry	8 Warwickshire	Partnership	Trust		91,815	141,790
						634,169	691,143
6.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 7)	Totals
					F
	Charitable	activities			480,723	178,594	659,317
7.	SUPPORT COSTS
						Governance
					Other	costs	Totals
						F	E
	Charitable	activities			176,585	2,009	178,594
8.	NET INCOIIE/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
						2023	2022
							E
	Depreciation - owned assets						1,030

STAFF COSTS
	2023	2022
	F
Wages and salaries	388,193	385,981
Social security costs	28,612	25,564
Other pension costs	28,036	26,275
	444,841	437,820

	The average monthly	number of	emp	loyees during the year	was as follows:
						2023	2022
	Provision					14	14
	Support					4	4
	Governance					1	1
						19	19
	No employees received emoluments			in excess ofF60,000.
11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
					Unrestricted	Restricted	Total
					funds	funds	funds
						E	E
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				1,000		1,000
	Charitable activities
	Charitable activities				51,264	639,879	691,143
	Investment income				21,733		21,733
	Other income				2,104		2,104
	Total				76,101	639,879	715,980
	EXPENDITURE ON
	Charitable activities
	Charitable activities				17,194	597,911	615,105
	NET INCOME				58,907	41,968	100,875
	Transfers between	funds			(1,813)	1,813
	Net movement in funds				57,094	43,781	100,875
	RECONCILIATION	OF FUNDS
	Total funds brought	forward			118,231	76,288	194,519
	TOTAL FUNDS CARRIED FORWARD				175,325	120,069	295,394

12.	TANGIBLE FIXEDAS	SE	TS
				Fixtures
				and	Computer
				fittings	equipment	Totals
				E	E
	COST
	At 1 April 2022 and 31	March 2023		14,380	26,141	40,521
	DEPRECIATION
	At 1 April 2022 and 31	March 2023		14,380	26,141	40,521
	NET BOOK VALUE
	At 31 March 2023
	At 31 March 2022
13.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					2023	2022
	Trade debtors				36,860	18,363
	Other debtors				100	769
	Prepayments				15,254	16,456
					52,214	35,588
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023	2022
						E
	Bank loans and overdrafts		(see note 15)		8,394	2,823
	Trade creditors				11,363	32,284
	Other creditors				1,984	16,086
	Accruals and deferred	income			17,526	90,894
	Accrued expenses				16,248	267
					55,515	142,354

At 1st April 2022		90,893	97,376
Released during	the year	(637,003)	(692,309)
Deferred during	the year	563,635	685,826
At 31st March 2023		17,525	90,893

An analys	is ofthe maturity of loans is given below:
		2023	2022
			F
Amounts	falling due within one year on demand:
Bank overdraffs		8,394	2,823

Minimum lease payments under non-cancellable oper	ating leases fall due as follows:
	2023	2022
		E
Within one year Between one and five years	20,311 8,894	55,200 18,400
	29,205	73,600

MOVEMENT IN F	NDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
			F	E
Unrestricted funds
General fund			123,127	2,250	(22,506)	102,871
Personnel			47,198		1,829	49,027
Equipment Property			5,000		(5,000) 20,000	20,000
			175,325	2,250	(5,677)	171,898
Restricted funds
Healthwatch			53,728	9,890		63,618
Building Better Opportunities- Progress William A Cadbury			9,339	(1,116) (7,816)	1,116	1,523
Asylum, Migration and Integration Community Fund - Chat Central Coventry 4 Good VSCE Mental Health Alliance		Fund	1 15,514 765 28,030	(4,561) 8,295 (2,878)	4,561	1 23,809 765 25,152
Community Mental Transformation	Health		12,692	(9,055)		3,637
VCSE Leaders Network				11,394		11,394
			120,069	4,153	5,677	129,899
TOTAL FUNDS			295,394	6,403		301,797

Net movement in	fu	nds, included	in the above are	as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
					F
Unrestricted funds
General fund				81,021	(78,771)	2,250
Restricted funds
Healthwatch				261,000	(251,110)	9,890
Building Better Opportunities-
Progress				25,169	(26,285)	(1,116)
Building Better Opportunities-
Accelerate				42,541	(42,541)
William A Cadbury					(7,816)	(7,816)
Asylum, Migration	and Integration		Fund	64,654	(69,215)	(4,561)
Community Fund	-	Chat Central		75,457	(67,162)	8,295
VSCE Mental Health Alliance					(2,878)	(2,878)
Community Mental		Health
Transformation				91,815	(100,870)	(9,055)
VCSE Leaders Network				24,063	(12,669)	11,394
				584,699	(580,546)	4,153
TOTAL FUNDS				665,720	(659,317)	6,403

Comparatives for	movement in	funds
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
Unrestricted funds
General fund			73,057	58,907	(8,837)	123,127
Personnel			40,174		7,024	47,198
Equipment			5,000			5,000
			118,231	58,907	(1,813)	175,325
Restricted funds
Healthwatch			28,670	25,059		53,729
Building Better Opportunities-
Progress
Building Better Opportunities-
Accelerate			(398)	398
William A Cadbury				9,339		9,339
Henry Smith Asylum, Migration and Integration Community Fund - Chat Central		Fund	15,673 6,878	(15,673) (1,812) 8,636	1,813	1 15,514
Coventry 4 Good			765			765
CC4Y			24,700	(24,700)
VSCE Mental Health Alliance				28,030		28,030
Community Mental	Health
Transformation				12,692		12,692
			76,288	41,968	1,813	120,069
TOTAL FUNDS			194,519	100,875		295,394

Comparative net	m	ovement in fun	ds, included in t	he above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				76,101	(17,194)	58,907
Restricted funds
Healthwatch				261,000	(235,941)	25,059
Building Better Opportunities-
Progress				20,896	(20,897)
Building Better Opportunities-
Accelerate				33,284	(32,886)	398
William A Cadbury				15,000	(5,661)	9,339
Henry Smith				23,333	(39,006)	(15,673)
Asylum, Migration	and Integration		Fund	85,445	(87,257)	(1,812)
Community Fund	-	Chat Central		51,217	(42,581)	8,636
Heart of England				7,914	(7,914)
CC4Y					(24,700)	(24,700)
VSCE Mental Health Alliance				99,880	(71,850)	28,030
Community Mental		Health
Transformation				41,910	(29,218)	12,692
				639,879	(597,911)	41,968
TOTAL FUNDS				715,980	(615,105)	100,875

A current year 12	months and prio	r year 12	months combin	ed position is a	s follows:
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.23
Unrestricted funds
General fund			73,057	61,157	(31,343)	102,871
Personnel			40,174		8,853	49,027
Equipment			5,000		(5,000)
Property					20,000	20,000
			118,231	61,157	(7,490)	171,898
Restricted funds
Healthwatch			28,670	34,949		63,619
Building Better Opportunities-
Progress				(1,117)	1,116
Building Better Opportunities-
Accelerate			(398)	398
William A Cadbury				1,523		1,523
Henry Smith			15,673	(15,673)
Asylum, Migration	and Integration	Fund		(6,373)	6,374	1
Community Fund - Chat Central			6,878	16,931		23,809
Coventry 4 Good			765			765
CC4Y			24,700	(24,700)
VSCE Mental Health Alliance				25,152		25,152
Community Mental	Health
Transformation				3,637		3,637
VCSE Leaders Network				11,394		11,394
			76,288	46,121	7,490	129,899
TOTAL FUNDS			194,519	107,278		301,797

				Incoming	Resources	Movement
				resources	expended	in funds
				E
Unrestricted funds
General fund				157,122	(95,965)	61,157
Restricted funds
Healthwatch				522,000	(487,051)	34,949
Building Better Opportunities-
Progress				46,065	(47,182)	(1,117)
Building Better Opportunities-
Accelerate				75,825	(75,427)	398
William A Cadbury				15,000	(13,47?)	1,523
Henry Smith				23,333	(39,006)	(15,673)
Asylum, Migration and Integration			Fund	150,099	(156,472)	(6,373)
Community Fund -	Chat Central			126,6?4	(109,743)	16,931
Heart of England				7,914	(7,914)
CC4Y					(24,700)	(24,700)
VSCE Mental Health Alliance				99,880	(74,728)	25,152
Community Mental	Health
Transformation				133,725	(130,088)	3,637
VCSE Leaders Network				24,063	(12,669)	11,394
				1,224,578	(1,178,457)	46,121
TOTAL FUNDS				1,381,700	(1,274,422)	107,278
Personnel - to fund	redundancy	situations.

	DETAILED STATEMENT OF FINANCIAL ACTIVITIES
	for the year ended 31 March 2023
		2023	2022
		F
INCOME AND ENDOWMENTS
Donations and	legacies
Donations		1,500	1,000
Grants		4,000
		5,500	1,000
Investment income
Rents received		16,950	21,469
Deposit account	interest	2,080	264
		19,030	21,733
Charitable activities
Grants		634,169	691,143
Other income
Other income		7,021	2,104
Total incoming	resources	665,720	715,980
EXPENDITURE
Charitable activities
Wages		319,581	335,559
Social security		24,003	21,353
Pensions		20,183	18,877
Telephone		1,473	1,585
Postage and stationery		266	418
Sundries		2,292	48
Staff travel		298	372
Staff training		110	316
Recruitment		3,517	4,157
IT support		288	22
Equipment purchased		5,811	8,287
Publicity and PR		6,389	3,313
Venue hire and catering		10,166	5,558
Participant costs		2,364	1,679
Volunteer expenses		719	720
Sub contract and	commissioning	82,625	70,070
Printing and photocopying		638	961
		480,723	473,295
Support costs
Other
Wages		68,612	50,422
Social security		4,609	4,211
Carried forward		73,221	54,633


		2023	2022
		F	F
Other
Brought forward Pensions		73,221 7,853	54,633 7,398
Rates and water		3,729	4,409
Insurance		6,648	3,599
Light and heat		5,331	3,251
Telephone Postage and stationery Sundries		1,982 376 2,111	1,401 1,027 1,102
Rent and service charges Staff travel		56,625 497	46,493 480
Staff training Recruitment		1,028	(288) 67
Cleaning Printing and photocopying Publications and subscriptions		2,213 684 890	1,536 2,917 833
IT support Bank charges Repairs, maintenance Computer equipment	and leases	8,874 144 4,3?9	6,981 132 2,963 1,031
		176,585	139,965
Governance costs
Accountancy and legal	fees	2,009	1,845
Total resources expended		659,317	615,105
Net income		6,403	100,875