REGISTERED COMPANY NUIVIBER: 01752003 (England and Wales)
REGISTERED CHARITY NUMBER: 514518
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEIVIENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
VOLUNTARY ACTION COVENTRY
LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

VOLUNTARY ACTION COVENTRY
CONTENTS OF THE FINANCIAL STATEIVIENTS
for the year ended 31 March 2024
Page
Chair's Report
Report of the Trustees
Independent Examiner's Report
Statement of Flnanclal Actlvitles
Balance Sheet
10
Cash Flow Statement
11
Notes to the Cash Flow Statement
12
Notes to the Financial Statements
13 to 22

VOLUNTARY ACTION COVENTRY
CHAIR'S REPORT
for the year ended 31 March 2024
Chairs Foreward
Like many organisations Voluntary Action Coventry started the year aware that several challenges needed to
be addressed and overcome. The first, the relocation of the organisation by July 2023 to a more affordable
location. This meant relinquishing ourcity Centre shop front and adjusting our delivery as we took up residence
at Harp Place, Radford. Having maintained a central presence for over 25 years this was not a decision taken
lightly, but increasing running costs and city centre rents meant we could no longer stay within the ring road.
Our second challenge, a deficit budget on unrestricted funds for our core activities of £40,000 at the start of
the year, not a position any organisations would choose to be in, and certainly not at a time of a cost-of-living
crisis and in a climate where funding opportunities are scarce and competition fierce.
And finally, a need to refresh our business plan, review our governance and set a sustainable vison and course
for VAC as we move towards our 70th year in 2027.
So, where are we now...
Our transition to our new location was smooth and has been seen as positive by staff and clients alike. We
have continued to provide accessible city centre delivery through using VCFSE venues as well as our new
training room at Harp Place.
We close the year on a small surplus in unrestricted funds on core activities instead of a deficit, in part due to
the reduction in our running costs and to securing new funding, particularly UKSPF (Shared Prosperity Fund)
which enabled us to host a number of community events in localities across Coventry and support our VCSE
Alliance members through small grants, covering their costs to showcase their voluntary opportunities and
services and monitor the take-up of volunteering.
With the help of our colleagues at Pilotlight we have strengthened our governance, refreshed our strategic
plan and are ready for the next chapter in our story as we continue to support voluntary and community activity
in Coventry.
Page 1

VOLUNTARY ACTION COVENTRY
REPORT OF THE TRUSTEES
for the year ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2024. 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 Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
Organlsatlon
VAC is a relatively small charity, and many operational decisions are taken by the Chief Executive. Decisions
are delegated to other members of staff as appropriate. The Board adopts the Business Plan, which is the key
strategic and planning documentforVAC and includes action plans, risk analysis, etc. Major strategic decisions
are taken by the Board, together with the setting of the annual budget and the adoption of policies and
procedures. The Board receives a detailed bi-monthly report on progress against the Business Plan.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Objects of VAC are".
1. The advancement of citizenship and community development, to include the promotion of volunteering and
of the voluntary, community and social enterprise sector. The promotion of civic responsibility, good citizenship
and neighbourliness.
The provision of capacity buildingleducation to develop individuallcommunity
capabilities, competences, skills and understanding.
2. The relief of those in need in Coventry, by reason of; youlh, age, ill health, disability, financial hardship or
other disadvantage.
3. To promote any charitable purpose for the benefit of the community in the Area of Benefit, and in particular
the advancement of education, the furtherance of health and the relief of poverty, distress and sickness.
The area of benefit is the Midlands area and in-particular the city of Coventry.
VAC meets these objects by:
promoting volunteering and helping volunteers find suitable opportunities
providing supported volunteering projects for those experiencing disadvantage
circulating information, including through newsletters and social media
providing advice on volunteer involvement and retention
providing occasional training or briefing sessions
providing practical resources such as meeting rooms
signposting to other agencies with more specialist expertise
promoting the voluntary and community sector in general
Public benefit
Voluntary Action Coventry achieves public benefit through direct services to the public and through the support
we provide to voluntary, community and social enterprises:
Volunteer Centre Coventry - promotion and brokerage ofvolunteering opportunities
Supported volunteering - tailored support to help people with barriers play an active part in their communities
through volunteering
Healthwatch Coventry enabling the public to have a greater say on the health and social care services
provided within the city., helping to address issues, problems or barriers within particular services.
VCSE Alliance - providing information and advice to voluntary, community and social enterprises
Involvement in local networks, partnerships and collaborations that address disadvantagelinequalities
VAC seeks to encourage resilience in communities, supporting people to build their capacity and enabling
them to do more for themselves.
Page 2

VOLUNTARY ACTION COVENTRY
REPORT OF THE TRUSTEES
for the year ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our key areas of activity during the year were..
VCSE Alliance support
Our Voluntary, Community and Social Enterprise (VCSE} Alliance is a free membership service that brings
together third sector organisations based in Coventry or operating services in our city.
During this year our VCSE Alliance grew by 36 new members, with 31 unique organisations attending
Volunteer Coordinator Support Nelwork meetings which were run on a monthly basis in an informal peer-to-
peer sharing and supporl format. We also offered an information session covering the"Vision forvolunteering"
introducing and raising interest in the call to action to revitalise volunteering on a national level over the next
10 years.
VCSE Leaders Network
We continued our work engaging with VCSE Alliance leaders, discussing common issues affecting
organisations in the City and exploring opportunities to promote and raise awareness of the Sectols role,
particularly working with our system colleagues to shape up the VCSE role within the integrated care system.
We established a Coventry and Warwickshire Leaders Alliance with our sister organisation CAVA, which is
evolving into the reference group of the newly forming VCSE Collaborative.
We launched Perspectives, our e-news bulletin to highlight examples of local VCSE impact to non-VCSE
agencies and to share opportunities for partnership working and collaboration.
Volunteering
It was business as usual for VAC'S Volunteer Centre this year as we prepared for our relocation during the
summer and settled into our new home at Harp Place. Despite a brief ILfll in Servi￿ and a condensing of our
Volunteer Drop-in to 8 hours over two days of the week. 239 people accessed this face-to-face support with
volunteering, and we saw online volunteer registrations soar to 5921
Some of the new and unique volunteer roles on offer this year included Cat Foster Carer, allowing beloved
pets to be reunited with their families fleeing domestic violence,. Pupil Safety Escort in areas of the city where
school children worry that tensions during the academic week may spill over past the school gates., and Energy
Saving Community Champions, helping the city's residents with their energy usage and learning how to save
money on energy bills. Roles rooted in Coventry's history and community encouraged volunteers to try Radio
Production for Coventry's own Hillz FM or assisting with archiving for Riley Cars Heritage Trust.
On average, we delivered outreach to promote volunteering the equivalent ofonce every 3 weeks and settings
and audiences were as varied as the residents of Coventry arel From adult ESOL classes in Coventry
College, Social Prescribing events and presentations to SEN sixth form students in schools, to the Coventry
Community Celebration event we delivered at Coventry Peace Orchard in partnership with Eden Project
Communities, we made sure information of the benefits of volunteering and how to engage in the community
reached a wide ne￿Ork of people.
Volunteer roles advertised across the year.. 289
Volunteers registering interest in roles: 666
People registering for our Introduction to Volunteering workshops.. 54
Improving Lives
Through funding secured from several trusts and grant making bodies we supported people aged 18 years
and over who were unemployed (or NEET) and who were deemed 'furthest away from the workplace, on a 6-
week volunteering course called Improving Lives
Participants shared that they had barriers that included anxiety and depression, social withdrawal, low self-
esteem, and low self-confidence, which prevented them from focusing on their futures and realising their
potential.
We delivered 6 Improving Lives courses from 9th May 2023 to 28th March 2024.
82 participants benefited from attending the course,
26 participants are now volunteering,
Page 3

VOLUNTARY ACTION COVENTRY
REPORT OF THE TRUSTEES
for the year ended 31 March 2024
10 participants have volunteered at 2 or more charitable organisations,
7 progressed into employment,
1 moved into an apprenticeship.
Chat Central 11 Active Central
Chat Central is a National Lottery Funded project where we help people to find others with similar interests, to
have fun, get out of the house, join in with a hobby, get involved with their community and to find new friends,
tackling loneliness and isolation in all its forms in Coventry.
Chat Central always takes a person-centred approach. We take the time to discover what interests participants,
what hobbies and skills they have and then we look for opportunities for them to get involved in their
community. Listening to what people want means we have a wide variety of activities on offer: from bowls to
Bollywood dance., craft sessions to canoeing., tennis to Tai Chi and film clubs to photography. All with the aim
of connecting people, reducing isolation and building confidence.
We worked with over 160 people.
180 x events including 48 Mission Possible Group Volunteering sessions.
502 hours of group volunteering including 45 litter picks
25 x online Zoom meet ups
70 x group meet ups with a variety of activities including yoga, song writing, pool, craft, Zumba, darts and
games sessions.
10 x one to one Occupational Therapy sessions
10 x introductions to community groups
10 x participants accessed training or entered employment
A reach of 9,763 on the Chat Central Facebook page for the year.
Community Mental Health Transformation: VCSE Engagement
As part of the Community Mental Health Transformation, the VCSE team based at Voluntary Action Coventry,
in partnership with Warwickshire Community and Voluntary Action, ensured Voluntary, Community and Social
Enterprise groups were part of the conversation around transforming mental health services.
The VCSE Team acted as a link be￿een the VCSE and CMH Transformation workstreams. These
workstreams included.. Eating Disorders, Personality and Complex Trauma, Community Enablement, Social
Care, 18-25s, Older Adults, Physical Health Checks.
Achievements
'Over 140 VCSE groups contacted. 48 % of the people contacted (67 groupslorgs) became Actively Engaged
with the CMHT programme. 28 % of people contacted {39 groupslorgs) occasionally showed interest in the
programme but were not Actively Engaged.
Counselling Organisation Ne￿Ork formally established and now meet on a bi-monthly basis. 16 organisations
have agreed to the terms of reference with 3 VCSE leaders agreeing to support the leadership of the ne￿ork
for the first 6 months.?
8 mental health and wellbeing projects received funding from the CMHT VCSE Microgrant, totalling £22,243.
16 mental health and wellbeing projects received funding from the CMHT VCSE Innovation Fund, totalling
£337,416.
A total of £359,659 has been distributed to 24 VCSE organisations spread across all four health defined
places - Coventry, North Warwickshire, South Wa￿ickshire and Rugby. A total of 1,936 participants have
benefited from these projects with 412 sessions delivered.
A programme of training for VCSE organisations was commissioned and ran throughout Autumn 2023 This
included Safeguarding, Mental Health Awareness, Intermediate Training.. Canva, and Bid Writing. Over the
training programme, 92 attendances were recorded.
"Demonstrate Your Impact" survey results published and shared with CWPT and other statutory partners.
This included the estimated financial value of the services provided by VCSE respondents.
Events:
2 VCSE Forums covering programme updates, and discussions on key issues e.g. referral pathways in Adult
MH and Social Care
. 2 cross-sector networking events attended by VCSE organisations, CWPT and NHS staff and local authority
representatives. An average attendance of 34 across both events.
Page 4

VOLUNTARY ACTION COVENTRY
REPORT OF THE TRUSTEES
for the year ended 31 March 2024
CMHT VCSE Celebration event to commemorate the end of the CMHT programme. 73 people attended this
event and the program included musical performances from people and groups within the VCSE, sharing the
impact of the CMHT VCSE Innovation Fund, the work done by the Mental Health Liaison Officers, the launch
of the Counselling Organisations Ne￿Ork and the results of the CMHT VCSE Team evaluation.
We also held a photo and video competition and distributed Amazon vouchers as prizes allowing for winning
organisations to buy much needed resources for their projects and services.
Legacy
Photos and videos submitted for the VCSE Celebration competition and content from other organisations who
have engaged throughout CMHT were displayed at Rugby Art Gallery and Museum from the 2nd until the 28th
of April 2024. There were an estimated 546 visitors having seen the exhibition during April. The exhibition
was then moved to the Market Hall at Fargo Village for the duration of May, coinciding with Mental Health
Awareness Week (13th -19th May 2024).
Healthwatch Coventry
Healthwatch Coventry put a clear focus on hearing and understanding the barriers that local people face in
accessing health and social care.
3,326 people shared their experience of health and social care with us, helping us to raise awareness of
issues and improve care.
37,421 people came to us for clear advice and answers to their questions about topics such as diagnosis
and referral issues, delays in complaint responses and where to go for out of hours support.
37 outstanding volunteers gave 815 hours of their time to make care better for the community.
We highlighted people who were not included in a local NHS equalities assessment. The approaches we
suggested were taken as a model for wider use.
We influenced the priority given to addressing delays in complaints and incident responses, following a call
for actions from the hospital.
We highlighted the impact of community pharmacy closures on local people, to those who review local
access.
Our visits to the hospital wards led to swift actions on a ward where we identified concerns. We revisited the
ward and saw improvements in care.
We have reached different communities by working in partnership with voluntary groups, with a focus on
communities in disadvantaged neighbourhoods.
We were awarded the annual Healthwatch Impact award for changes made to maternity care for asylum
seeking and newly arrived women and our partnership approach.
PLANS FOR THE YEAR AHEAD 2024-25
Elevate our internet-based volunteer brokerage function by July 2024 to increase our service access by 10 %.
Action a website upgrade to improve access to information about volunteering, community action and the
wider VCSE for all stakeholders.
Deliver 6 volunteering and community activity promotional events in communities to increase awareness of
opportunities to get involved.
Hold 2 VCSE networking eventslconferences to build greater connection with VCSE Alliance members and
increase VCSE Alliance membership
produ￿ 18 editions of e-news tailored to our key stakeholders
Commence Improving Quality QAS by September 2024
Perform a Customer Relationship Management review by July 2024
Undertake field research into the social enterprise sector by December 2024
Prepare business case for VAC hub by January 2025
Scope and begin longitudinal impact of volunteering in Coventry research by January 2025
FINANCIAL REVIEW
Financial position
The organisation made an overall deficit of £42,052 as of 31st March 2024 but continues to ensure it has the
necessary resources and reserves to meet future obligations.
Staffing
The average number of employees was 16 for the year.
Page 5

VOLUNTARY ACTION COVENTRY
REPORT OF THE TRUSTEES
for the year ended 31 March 2024
Investment policy and objectives
The surplus funds of the organisation are currently held in an interest-bearing account.
Reserves pollcy
Trustees aspire to hold up to ￿e1ve months of core running costs as reserves, together with enough to cover
lease obligations of over 1 year and the full redundancy cost of all employees. The potential redundancy cost
and lease obligations are held in a designated fund. At 31st March 2024, the aspirational reserves figure is
£136,223. At 31st March 2024, unrestricted reserves amounted to £144,746. The trustees will continue to work
towards maintaining their reserves target, whilst ensuring delivery of charitable objectives.
Sustaining the organisation
We will..
Initiate a trustee recruitment campaign to enhance strategic governance and leadership,
Build stronger relationships with funders, achieving deliverables and demonstrating impact,
Increase our income from non-grant sources by 200/0.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a company limited by guarantee governed according to its Memorandum and Articles of
Association updated 19th June 2019. All voluntary and community organisations active in Coventry are
encouraged to apply for membership of the VCSE Alliance and there are 318 active members. There is also
a facility for individual membership used on an occasional basis.
Recruitment and appolntment of new trustees
The membership elects a Board of at least five and not more than nine individuals, who each serve a term of
up to three years and who can each be re-appointed twice before a rest period is required. Nomination forms
are issued with the AGM mail-out. The Board meets bi-monthly with detailed papers circulated a week in
advance.
Induction and training of new trustees
All trustees are offered one-to-one induction with the Chief Executive and Chairand receive a trustee induction
pack.
Wider network
VAC is a member of NAVCA, the National Association for Voluntary and Community Action. VAC is a wholly
independent charity which chooses to affiliate to NAVCA.
Risk management
The trustees have examined the major strategic risks ofthe charity and have an ongoing process of examining
operational risks. This includes assessing risks according to their impact and likelihood and listing potential
mitigating actions. This analysis then InflUen￿S the actions and priorities of the wider Business Plan.
REFERENCE AND ADIVIINISTRATIVE DETAILS
Registered Company number
01752003 (England and Wales)
Registered Charlty number
514518
Registered office
1st Floor, Harp Place
2 Sandy Lane
Coventry
West Midlands
CV14DX
Page 6

VOLUNTARY ACTION COVENTRY
REPORT OF THE TRUSTEES
for the year ended 31 March 2024
Trustees
L J C Carroll
L Mafuba {resigned 18.4.23)
T W Sawdon (resigned 10.5.23)
B S Nagra
A O Awosokanre {resigned 27.7.23)
S Donaldson
P Weare
D Ball
M Asamoah (resigned 27.7.23)
Company Secretary
SAOgle
Independent Examiner
M D Spafford
LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Approved by order of the board of trustees on 2￿0..￿V.￿-.Lfts7....I.e
and signed on its behalf by..
Nagra -
stee
Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
VOLUNTARY ACTION COVENTRY
Independent examiner's report to the trustees of Voluntary Action Coventry I'the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law} you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act'}.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 14515) (b) of the
2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than
any requirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
I 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.
M D Spafford
LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB
Date.. %i/¥.n... IF.v(!kS.7.. 10
Page 8

VOLUNTARY ACTION COVENTRY
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,100
1,100
5,500
Charitable activities
Charitable activities
52,835
643,940
696,775
634,169
Investment income
other income
20,098
2,305
20,098
3,284
19,030
7,021
979
Total
76,338
644,919
721,257
665,720
EXPENDITURE ON
Charitable activities
Charitable activities
54,467
708,842
763,309
659,317
NET INCOIIAEI(EXPENDITURE
21,871
(63,923)
(42,052)
6,403
RECONCILIATION OF FUNDS
Total funds brought forward
171,898
129,899
301,797
295,394
TOTAL FUNDS CARRIED FORWARD
193,769
65,976
259,745
301,797
The notes form part of these financial statements
Page 9

VOLUNTARY ACTION COVENTRY
BALANCE SHEET
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
12
4,249
4,249
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
12,318
228,995
12,318
314,271
52,214
305,098
85,276
241,313
85,276
326,589
357,312
CREDITORS
Amounts falling due within one year
14
(51,794}
(19,299}
(71,093)
(55,515)
NET CURRENT ASSETS
189,519
65,977
255,496
301,797
TOTAL ASSETS LESS CURRENT
LIABILITIES
193,768
65,977
259,745
301,797
NET ASSETS
193,768
65,977
259,745
301,797
FUNDS
Unrestricted funds
Restricted funds
17
193,768
65,977
171,898
129,899
TOTAL FUNDS
259,745
301,797
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
a.../¥.V.Q.y'.J7 .Id.ofr... and were signed on its behalf by..
The notes form part of these financial statements
Page 10

VOLUNTARY ACTION COVENTRY
CASH FLOW STATEMENT
for the year ended 31 March 2024
2024
2023
Notes
Cash flows from operating activSties
Cash generated from operations
14,282
104,713)
Net cash provided byl(used in) operating activities
14,282
104,713)
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
(4,998)
8,283
2,080
Net cash provided by investing activities
3,285
2,080
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reportlng period
17,567
(102,633)
296,704
399,337
Cash and cash equivalents at the end
of the reportlng period
314,271
296,704
The notes form part of these financial statements
Page11

VOLUNTARY ACTION COVENTRY
NOTES TO THE CASH FLOW STATEMENT
for the year ended 31 March 2024
RECONCILIATION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net (expenditure)lincome for the reporting period (as per the
statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Decreasel(increase) in debtors
Increasel{decrease) in creditors
(42,052}
6,403
750
(8,283}
39,895
23,972
{2,080)
(16,626)
92,410)
Net cash provided byl(used in) operations
14,282
104 713)
ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one
year
449
313,822
187
304,911
Total cash and cash equivalents
314,271
296.704
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
Bank overdraft
305,098
8,394)
9,173
8,394
314,271
296,704
17,567
314,271
Total
296,704
17,567
314,271
The notes form part of these financial statements
Page 12

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
LIABILITY OF MEMBERS
The Charity is a company limited by guarantee. It does not have share capital and the liability of each
member is limited to the guarantee given by that member which shall not exceed £1.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) '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 {FRS
102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Income
All incoming resources are included in the Statement of Financial Activities when the charity is entitled
to the income and the amount can be quantified with reasonable accuracy.
Incoming resources from grants are included in incoming resources in the year in which they are
receivable. Where income is received in advance of performance, its recognition is deferred and
included in creditors.
Investment income and other income are included when receivable.
Expenditure
Resources expended are included in the Statement of Financial Activities on an accruals basis,
inclusive of Value Added Tax. Liabilities are recognised as resoLtrces expended as soon as there is a
legal or constructive obligation committing the charity to the expenditure.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Expenditure which is directly attributable to specific activities has been included in these cost
categories. Where costs are attributable to more than one activity they have been apportioned across
the cost categories on a basis consistent with the use of these resources.
Governance costs include those costs associated with meeting the constitutional and statutory
requirements of the charity and include the audit fees and costs linked to the strategic management of
the company.
Tangible fixed assets
All individual assets costing less than £1,000 per item are to be written off in the year of purchase.
Assets above this amount are to be capitalised in the month of purchase and subjected to the
appropriate level of depreciation as stated below.
Refurbishment
Office Furniture
IT Equipment
20 % Straight Line
20 % Straight Line
50 % Straight Line
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Restricted Funds - Restricted funds are to be used for specific purposes as laid down by the donor.
Expenditure which meets this criteria is charged to the fund together with a fair allocation of
management costs.
Page13
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
ACCOUNTING POLICIES - continued
Fund accounting
Unrestricted funds- Unrestricted funds are available for use at the discretion ofthe Board in furtherance
of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Board for particular purposes.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Contributions in respect of earnings paid by the charity to defined pension contribution schemes are
charged to the Statement of Financial Activities in the year in which they are payable to the schemes.
Hire purchase and leasing commitments
Rentals applicable to operating leases where all of the benefits and risks of ownership remain with the
lessor are charged to the Statement of Financial Activities as they fall due.
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
1,100
1,500
4,000
1,100
5,500
INVESTMENT INCOME
2024
2023
Rents received
Deposit account interest
11,815
8,283
16,950
2,080
20,098
19,030
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Charitable activities
Grants
696,775
634,169
Grants received, included in the above, are as follows..
2024
2023
Coventry City Council
European Social Fund and National Lottery Community Fund
CDA
The 29th May 1961 Charitable Trust
UK Responsible Authority (UKRA)
National Lottery
Coventry & Rugby CCG
Sheldon Charitable Trust
Eveson Charitable Trust
410,752
1,161
261,000
25,169
42,541
5,000
64,654
99,520
49,470
100,113
50,360
5,000
10,001
Carried forward
582,387
542,354
Page 14
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
INCOME FROM CHARITABLE ACTIVITIES - continued
2024
2023
Brought forward
Coventry & Wa￿ickshire Partnership Trust
AE Higgs Charity
582,387
106,388
8,000
542,354
91,815
696,775
634,169
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
Direct
Costs
Totals
Charitable activities
611,913
151,396
763,309
SUPPORT COSTS
Governance
costs
Other
Totals
Charitable activities
147,741
3,655
151,396
NET INCOMEI(EXPENDITURE)
Net incomel{expenditure> is stated after chargingl(crediting}'.
2024
2023
Depreciation - owned assets
749
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
10. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
396,362
28,712
28,611
388,193
28,612
28,036
453,685
444,841
Page15
continued.

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
10. STAFF COSTS - continued
The average monthly number of employees during the year was as follows:
2024
12
2023
14
Provision
Support
Governance
16
19
No employees received emoluments in excess of £60,000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,500
5,500
Charitable activities
Charitable activities
49,470
584,699
634,169
Investment income
Other income
19,030
7,021
19,030
7,021
Total
81,021
584,699
665,720
EXPENDITURE ON
Charitable activities
Charitable activities
78,771
580,546
659,317
NET INCOME
Transfers between funds
2,250
4,153
5,677
6,403
Net movement in funds
(3,427)
9,830
6,403
RECONCILIATION OF FUNDS
Total funds brought forward
175,325
120,069
295,394
TOTAL FUNDS CARRIED FORWARD
171,898
129,899
301,797
Page 16
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 March 2024
12. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Computer
equipment
Totals
COST
At 1 April 2023
Additions
14,380
4,998
26,141
40,521
4,998
At 31 March 2024
19,378
26,141
45,519
DEPRECIATION
At 1 April 2023
Charge for year
14,380
749
26,141
40,521
749
At 31 March 2024
15,129
26,141
41,270
NET BOOK VALUE
At 31 March 2024
4,249
4,249
At 31 March 2023
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Prepayments
108
9,669
2,541
36,860
100
15,254
12,318
52,214
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 15)
Trade creditors
other creditors
Accruals and deferred income
Accrued expenses
8,394
11,363
1,984
17,526
16,248
24,481
4,765
21,774
20,073
71,093
55,515
The following income has been received during the year relating to activities taking place in subsequent
years..
At 1 st April 2023
Released during the year
Deferred during the year
17,525
(687,305)
691,554
90,893
{637,003)
563,635
At 31st March 2024
21,774
17,525
Page17
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
15. LOANS
An analysis of the maturity of loans is given below=
2024
2023
Amounts falling due within one year on demand..
Bank overdrafts
8,394
16. LEASING AGREEIVIENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Between one and five years
5,886
6,383
20,311
8,894
12,269
29,205
17. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Personnel
Equipment
Property
102,871
49,027
21,870
20,005
(6,388)
6,383
20,000}
144,746
42,639
6,383
20,000
171,898
21,870
193,768
Restricted funds
Healthwatch
William A Cadbury
Asylum, Migration and Integration Fund
Community Fund - Chat Central
Coventry 4 Good
VCSE Mental Health Alliance
Community Mental Health
Transformation
VCSE Leaders Network
Improving Lives
UK Shared Prosperity fund
63,618
1,523
(35,904)
(1,523)
27,714
23,809
765
25,152
(3,225)
20,584
765
125,152)
3,637
11,394
(1,356)
1,113
2,124
2,281
12,507
2,124
129,899
63,922
65,977
TOTAL FUNDS
301,797
42,052)
259,745
Page 18
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEIVIENTS - continued
for the year ended 31 March 2024
17. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
76,338
(54,468)
21,870
Restricted funds
Healthwatch
Building Better Opportunities-
Progress
William A Cadbury
Community Fund - Chat Central
VCSE Mental Health Alliance
Community Mental Health
Transformation
VCSE Leaders Ne￿Ork
Improving Lives
UK Shared Prosperity fund
261,979
(297,883)
{35,904)
161
(161)
(1,523)
(77,547)
(25,152)
(1,523)
(3,225)
(25,152)
74,322
106,388
25,791
29,001
147,277
(107,744)
(24,678)
{26,877)
147,276)
(1,356)
1,113
2,124
644,919
708,841)
63,922
TOTAL FUNDS
721,257
763,309)
42,052)
Comparatives for movement In funds
Net
movement
in funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
Personnel
Equipment
Property
123,127
47,198
5,000
2,250
(22,506)
1,829
(5,000)
20,000
102,871
49,027
20,000
175,325
2,250
(5,677)
171,898
Restricted funds
Healthwatch
Building Better Opportunities
Progress
William A Cadbury
Asylum, Migration and Integration Fund
Community Fund - Chat Central
Coventry 4 Good
VCSE Mental Health Alliance
Community Mental Health
Transformation
VCSE Leaders Network
53,728
9,890
63,618
{1,116}
{7,816)
(4,561)
8,295
1,116
9.339
1,523
4,561
15,514
765
28,030
23,809
765
25,152
(2,878)
12,692
(9,055)
11,394
3,637
11,394
120,069
4,153
5,677
129,899
TOTAL FUNDS
295,394
6,403
301,797
Page 19
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
81,021
(78,771)
2,250
Restricted funds
Healthwatch
Building Better Opportunities
Progress
Building Better Opportunities -
Accelerate
William A Cadbury
Asylum, Migration and Integration Fund
Community Fund - Chat Central
VCSE Mental Health Alliance
Community Mental Health
Transformation
VCSE Leaders Network
261.000
(251,110)
9,890
25,169
(26,285)
(1,116)
42,541
(42,541)
{7,816)
(69,215)
(67,162)
{2,878)
(7,816)
(4,561)
8,295
(2,878)
64,654
75,457
91,815
24,063
(100,870)
12,669)
(9,055)
11,394
584,699
580,546
4,153
TOTAL FUNDS
665,720
659,317)
6,403
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
beMeen
funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
Personnel
Equipment
123,127
47,198
5,000
24,120
{2,501)
{4,559)
1,383
144,746
42,639
6,383
175,325
24,120
(5,677)
193,768
Restricted funds
Healthwatch
Building Better Opportunities
Progress
William A Cadbury
Asylum, Migration and Integration Fund
Community Fund - Chat Central
Coventry 4 Good
VCSE Mental Health Alliance
Community Mental Health
Transformation
VCSE Leaders Network
Improving Lives
UK Shared Prosperity fund
53,728
{26,014)
27,714
(1,116)
(9,339)
(4,561)
5,070
1,116
9,339
4,561
15,514
765
28,030
20,584
765
(28,030)
12,692
{10,411)
12,507
2,124
2,281
12,507
2,124
120,069
59,769)
5,677
65,977
TOTAL FUNDS
295,394
35,649)
259,745
Page 20
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
17.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows..
Incoming
resoLfrces
Resources
expended
Movement
in funds
Unrestricted funds
General fund
157,359
{133,239)
24,120
Restricted funds
Healthwatch
Building Better Opportunities -
Progress
Building Better Opportunities-
Accelerate
William A Cadbury
Asylum, Migration and Integration Fund
Community Fund - Chat Central
VCSE Mental Health Alliance
Community Mental Health
Transformation
VCSE Leaders NelMork
Improving Lives
UK Shared Prosperity fund
522,979
(548,9931
{26,014)
25,330
(26,446)
(1,116)
42,541
(42,541)
{9,339)
(69,215)
(144,709}
{28,030)
19,339)
{4,561)
5,070
(28,030)
64,654
149,779
198,203
49,854
29,001
147,277
(208,614)
(37,347)
(26,877)
147,276)
(10,411)
12,507
2,124
1,229,618
(1,289,387)
59,769)
TOTAL FUNDS
1,386,977
(1,422,626)
35,649)
Personnel - to fund redundancy situations.
Equipment - to fund unscheduled replacement of major capital items.
Commitments - potential amounts due in settlement of equipment and property leases.
Property - potential dilapidation and restoration costs due on vacating property.
Healthwatch delivery of Healthwatch Voice function and contract management of the Healthwatch
Coventry contract funded by Coventry City Council.
Building Better Opportunities
Progress - in partnership with other local organisations and lead by
Groundwork UK delivery of Building Better Opportunities Progress project. Funded by European Social
Fund and National Lottery Communities Fund.
Building Better Opportunities - Accelerate - in partnership with other local organisations and lead by
Coventry & Warwickshire Co-operative Development Agency delivery of Building Better Opportunities
Accelerate project. Funded by European Social Fund and National Lottery Communities Fund.
The 29th May 1961- a charitable trust funding group support.
William A Cadbury - a charitable trust funding group support.
Henry Smith - delivery of Improving Lives programme funded by Henry Smith Charity.
Page 21
continued...

VOLUNTARY ACTION COVENTRY
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024
17.
MOVEMENT IN FUNDS - continued
Asylum, Migration and Integration Fund working in partnership with Coventry Refugee and Migrant
Centre and Foleshill Women's Training delivering Your Future Your Integration, helping refugees
integrate through community activity. Funded by UK Responsible Authority through the Asylum,
Migration and Integration Fund.
Community Fund Chat Central delivering a range of interventions to tackle loneliness and isolation
in Coventry funded by the National Lottery.
Heart of England - project related to changing the organisational activities to deliver services in a
different way
Coventry 4 Good a VAC initiative to raise funds for local groups within Coventry.
18. EMPLOYEE BENEFIT OBLIGATIONS
The Charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the Charity in an independently administered fund. The pension cost
represents contributions payable by the Charity to the fund and amounted to £28,611 (2023.. £28,036).
At 31st March 2024 contributions amounting to £3,625 (2023: £845) were payable to the fund and
included in creditors.
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 22