Company Registration No 1998105 (England & Wales) Charity No 517766 

## **DUDLEY COUNCIL FOR** 

## **VOLUNTARY SERVICE** 

**DIRECTORS’ AND TRUSTEES’ REPORT** 

**AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **CONTENTS** 

||Page|
|---|---|
|Legal and Administrative Information|2|
|Report of the Trustees|3 - 7|
|Report of the Independent Auditors|8 - 11|
|Consolidated Statement of Financial Activities|12|
|Consolidated Balance Sheet|13|
|Company Balance Sheet|14|
|Consolidated Cash Flow Statement|15|
|Notes to the Financial Statements|16 - 32|



1 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2021** 

Directors and Trustees Mr. M.V. Abrahams (during the year ended 31 Rev Paul Westwood March 2021 and to date) 

Mrs. S.A. Huband Mr. J.T. Keys Mr. D.R. Liddington Mrs. A.J. Sayer 

Miss K.L.Fielder 

Miss. A.E. Adams Mrs. J.H. Clarke MBE 

Mr. G.M. Jones Mrs. A. Khalid Mrs. M. E. J. Turner Mrs. S. Bassett (appointed 22 October 2020) Mrs. J. Coleman (appointed 22 October 2020) 

Chairman Mr. M. V. Abrahams Vice Chairman Mrs. M. E. J. Turner Secretary/Chief Officer Mr. A. J. Gray Treasurer Mr. G. Jones Company Number 1998105 Charity Number 517766 Registered Office 7 Albion Street Brierley Hill West Midlands DY5 3EE Auditors Worton Rock Limited Churchfield House 36 Vicar Street Dudley West Midlands DY2 8RG Bankers National Westminster Bank Plc Merry Hill Centre Brierley Hill West Midlands DY1 1LW Solicitors Higgs and Sons 3 Waterfront Business Park Brierley Hill West Midlands DY5 1LX 

2 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

The trustees, who are also directors of the charitable company for the purposes of the Companies Act 2006, present their annual report with the financial statements of the charitable company and group for the year ended 31 March 2021. 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 (FRS102) (effective 1 January 2015). 

The legal and administrative information set out on page 2 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice applicable to charities (FRS102). 

## **Objectives and activities** 

The charity’s object and its principal activity continues to be that of promoting any charitable purpose for the benefit of the community within the Metropolitan Borough of Dudley and, in particular, the advancement of education, the furtherance of health and the relief of poverty, distress and sickness, to promote and organise co-operation in the achievement of such purposes and, to that end, to bring together in Council representatives of the statutory and voluntary organisations engaged in the furtherance of such purposes within the area of benefit. 

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. 

## **ACHIEVEMENT AND PERFORMANCE** 

The charity’s aims are to assist the voluntary sector within the Metropolitan Borough of Dudley. 

Working in partnership with others continues to be a cornerstone of the company’s work. During the year the company played a major role in the following initiatives, to name but a few: 

- Integrated Plus 

- High Intensity User Project 

- Health Watch 

- Carers 

- Health and Wellbeing Board 

- Working Together For Change 

- PSIAMS 

- Building Better Opportunities – ESF / BIG Local 

- BIG Local – East Coseley 

- Dudley Borough Vision - Forging a Future for All Executive 

- Big Lottery Fund – Emergent Cultures 

- One Voluntary Sector Contract 

- Combined Partnership LLP 

The company maintained its representative role in the strategic engagement arena, supporting such bodies as Dudley Integrated Health and Care Partnership, Safe and Sound Partnership and Health Protection Board. 

Relationships with local voluntary and community organisations were maintained and strengthened through the continued facilitation of several local networks. 

The charity monitors its success by use of polls and surveys. In addition, specific reports are prepared for the funders on several projects. 

3 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **ACHIEVEMENT AND PERFORMANCE (CONTINUED)** 

The company supported the Building Better Opportunities Programme, hosting the Family Matters team at Dudley CVS. 

The company played a major role in partnership with Dudley MBC in their strategic response to the Covid-19 pandemic – 

Set up and co-ordinated VCS response to Covid-19, facilitated 5 virtual networks, recruited and co-ordinated volunteers to support the purchase and delivery of food/medication and to support befriending of those shielding, operated a Covid-19 helpline, oversaw Welfare Assistance grants supporting those most vulnerable and Workforce Capacity grants. 

## **Fund raising standards** 

As disclosed in the attached notes, the company runs annual fundraising for its Operation Santa Toy Appeal. This is promoted through its bi-monthly newsletter and also by the Volunteer Centre Development Officer. No direct public collections are made, donations being received via a Just Giving page, or cheques etc. at the company’s office. Huge support is received from local businesses either by direct contributions or adopting the cause as their nominated charity. 

No professional fundraisers are used and the company monitors the activities of the Appeal through its normal line management procedures and feedback from the sector. The company has not received any complaints in respect of this Appeal and vulnerable people are not at risk from any of its activities. 

## **FINANCIAL REVIEW** 

The company is grateful as always for the continued support of Dudley MBC, Dudley CCG and Big Lottery Fund. The continuing restriction of public sector finances makes it important for the charity to continue its efforts to diversify income streams. 

All of our restricted fund projects are of course reliant on continuing grant income, as are our activities relating to Integrated Plus and Youth Health Champion. Our core activities are partly grant funded topped up by other income we are able to attract and utilisation of reserves held if considered appropriate. 

The company acknowledges the continuing funding from Big Lottery Fund for its Emergent Cultures project and also from Dept. of Health for its A&E High Intensity User Social Prescribing project. Details of both are included in note 25. 

The Covid-19 pandemic has obviously affected the group, particularly the operation of Brierley Hill Civic Hall. Given the social distancing guidelines in place, the Board decided to close Brierley Hill Civic Hall on 16[th] March 2020. Advantage has been taken of the Coronavirus Job Retention Scheme and various Government grants available via Dudley MBC. Normal activities recommenced in July 2021 in line with Government guidelines in place at the time. 

## **Grants Payable** 

With the exception of the designated fund for Patient Participation Group set up costs financed by Dudley CCG, the company does not make grants from its unrestricted funds. It does, however, administer various funds on behalf of statutory partners as and when requested. Such funds are treated as restricted in the accounts and a description of their purpose is stated in note 25 to the accounts. The company will promote such funds through its networks and facilitate panels to scrutinise and assess applications. Grants are all paid to organisations within the voluntary sector and not to individuals (with the exception of Covid Welfare Grant referrals). 

4 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **Reserves policy** 

The charitable group’s funds at 31st March 2021 were as listed below. 

||£|
|---|---|
|Restricted funds detailed in note 23|430,719|
|Designated funds detailed in note 24|242,720|
|General funds invested in fixed assets|69,571|
|General funds in current assets – free reserves|266,153|
||_______|
|Total funds|1,009,163|
||_______|



## **Reserves policy (continued)** 

The trustees have established a policy whereby the unrestricted funds, not designated for the next 12 months or invested in fixed assets, should be maintained at 2 months of the resources expended on core services. This level has been chosen because the grant funding for core activities is received on a quarterly basis and this level of reserves means that core activities can be maintained until receipt of the next instalment of the grant.  On this basis the required level of free reserves at 31 March 2021 was £89,000 and the actual level of free reserves was £266,153. 

## **Investments** 

Under the Memorandum and Articles of Association, the charity has the power to make any investment which the trustees see fit. 

## **Plans for Future Periods** 

The charity plans to continue its activities outlined above subject to adequate funding being secured. The trustees are constantly aware of the need to support any voluntary organisation within the Borough and in so doing make full use of the company’s expertise and utilisation of its financial assets to that end. CVS remains firmly committed to its members and also to its continuing involvement in the ever-increasing strategic agenda. 

Discussions are continuing in respect of possible further transfers/management of assets to further diversify potential income streams. 

Shortly before the end of the prior financial year the Covid-19 pandemic struck. The charity mobilised its team and local volunteers to support local efforts. It is envisaged that this work will continue for most of the 2021 calendar year. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing Document** 

The charity is constituted as a company limited by guarantee and governed under its Memorandum and Articles of Association. The liability of the members is limited to a sum not exceeding £1 in the event of the company being wound up. 

## **Recruitment and Appointment of Trustees** 

All directors of the company are also trustees of the charity and there are no other trustees. All of the trustees serving during the year are listed on page 2. Elections to the Executive Committee take place at each AGM when one third retire but are eligible for re-election. The Board has power to appoint directors or trustees if it considers it necessary so to do.  Potential trustees are nominated by and from within the membership. 

## **Trustee Induction and Training** 

Trustees are already familiar with the work of the charity having come from within the voluntary sector. All new trustees attend an induction session facilitated by the Chairman and Chief Officer, covering the obligations of trustees, key documents relating to the operation of the charity, funding and future plans and objectives. 

5 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** 

## **Trustees insurance** 

The charity provides third party indemnity provision for the trustees. 

## **Organisational Structure** 

The charity is organised so that the 14 directors/trustees, who include 3 honorary officers, meet regularly to manage its affairs and formulate the policy of the charity and its subsidiary companies. The Chief Officer/Company Secretary manages the day to day administration of the charity assisted by their staff. CVS is grateful, also, to a number of volunteers who assist in various capacities.  In addition, each Board member is assigned to either the Finance and General Purpose or Staffing Sub-Committee. These committees also meet quarterly and report to the next Board meeting. 

The company holds three annual ‘Away Days’ for (1) trustees, (2) staff and (3) trustees and staff combined. 

## **Arrangements for setting key management and personnel remuneration** 

The Staffing Sub-Committee is charged with setting remuneration of key management personnel, referring to published pay scales and job roles, comparisons amongst the CVS network and any other advice or guidance they feel necessary. 

## **Risk Management** 

The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to mitigate those risks. Internally there are nominated senior staff responsible for Health and Safety compliance, qualified first aiders, regular staff meetings and a staff led I.T. sub-group. Formal policies e.g. Data Protection, Lone Working, Financial Procedures, and General Data Protection Regulation are regularly reviewed and updated where necessary. 

As explained in the financial review the continuance of certain projects depends on the availability of continuing grant income. If grants for core activities ceased there is sufficient buffer to enable the charity to continue whilst the trustees consider how to restructure. 

6 



DUDLEY COUNCIL FOR VOLUNTARY SERVICE
REPORT OF TEE TRUSTEES
FOR THE YEAR ENDED 31 MARCH JJ21
Ststement rftru5tee%' mpoo$il)ilities
The ￿Ls￿¢s (wbo att also directors of Dudley Council for Voluntary Seryi¢¢ the ￿[Pl￿S of comp&ny law) arc
responsible for pretwing the TTThglees' Re￿[ and Ihe ffflancial statements in ac£oTdw)¢e with apphcable law and
United Kingdom ACC￿ Standard8 Ojnited Kingdom Generally A￿ed A￿l￿￿tIng Pra¢tiL%).
CoMp￿Y law r￿l￿$ the tn￿e¢S kn W¢p￿e fmallcTral stat¢]n¢nts for ¢ath fiDancial year which give a true al￿ fair
iciv of the state of affairs of Lhe clwilable company a￿d the ￿0￿p al￿ of the inc(xning Tesources and application of
r¢sourc£s. includill8tk income and ¢xpcnditur¢. of th¢ ￿lIable company and group for the ycar. In prewillg tbes¢
financial ststwents, the trust¢¢8 arc r¢wiTcd to..
s¢kct suitsble acwunting tKJlicies and tlw gpply them coJ8iS*QtIy'
obscThe the meth￿$ pIinciples in the Ckniti¢s SORP 21115 (FRS1112)"
make judgements and estimates that are reasonable and pn￿¢llr,
5tatc w]￿ther applicable UK A¢coullttng Styulard5 havc kn followrt sub￿1 ￿ any Matri￿ thpATthre5
disclos&] And explained in the fllwicial ST￿emen1&.
ptEpar¢ the fllwicial sthtemettts on the going concern b&sis unless it 18 itWPfOPTiate to preswn¢ thai the
chwit&ble Company will cont￿U¢ in operation.
The trustees are responsible for keeping adequatr x¢(wTrting Tecords which disclosc with Tcasonablc &c￿raCY at au)
time th¢ finm¢ial posilion of the clwitsble compally arma Broup and cRablc tkm to ¢￿sU￿ that th¢ financial sWrnTrenls
omplv with the CompaDiGS knt 21X)6. They are akn Tespowibke for s&fe8uardirtg the assets of the charitable eompatty
al￿ ￿llP aud hence for tsking Teasotlable st¢lK8 for thc wov¢ntiiYk Jnd dctection of froud and otber irre8ulaTities.
The tntss aTr responsthl¢ fortho maintowi¢£ and inkgrity of th¢ cory￿rat¢ and financial inf0m￿lon inclu&d oll
th¢ ch￿l￿ble company's website. Lt¥Fylation the United Kingdom governing the pr¢pfjration dissemADation of
fJJwi¢iaL statements may dilTcr from le8islation in other jurisdictions.
In 80 faras the trustees are asv8re:
there is ￿l¢vallt auditiDfornkn*ion of whith th¢ group's audilor is ullaw￿: and
the trusts*s have tsken all *ps that they ought trj bave tsk￿ to mak¢ thenwlves aware of auy audit
infonn￿l0￿ estsblisb d)at thc auditor is awATr of that informattotL
Audlt(
A resolution prOF￿Ang that Worton R￿k Limited be le4)￿ltited &8 ￿ollp auditors of the company will be put to the
Thi8 rewrt has b¢cn Pre￿red in ac£0[￿ with the SFeC￿ provisions of Part IS of the Compani¢s Art 2006 Telating
lo srna]1 ¢4ynpanies.
By order of the Board
M. V. Abrahams
Chaimian
5 Oclober 2021

## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS AND TRUSTEES OF DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **Opinion** 

We have audited the financial statements of Dudley Council for Voluntary Service (the ‘parent charitable company’) and its subsidiaries (the ‘group’) for the year ended 31 March 2021 which comprise the Group Statement of Financial Activities (incorporating the group income and expenditure account), the Group and the Company Balance Sheet, the Group and the Company Cash Flow statement and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice). 

In our opinion the financial statements: 

- give a true and fair view of the state of the group’s and parent charitable company’s affairs as at 31 March 2020, and of the group’s incoming resources and application of resources, including its income and expenditure, for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011. 

## **Basis for opinion** 

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

## **Conclusions relating to going concern** 

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: 

- the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or 

- the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the group’s or parent charitable company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. 

## **Other information** 

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

8 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS AND TRUSTEES OF DUDLEY COUNCIL FOR VOLUNTARY SERVICE (CONTINUED)** 

## **Other information (continued)** 

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

We have nothing to report in this regard. 

## **Opinions on other matters prescribed by the Companies Act 2006** 

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

- the information given in the report of the trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- the report of the trustees has been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In the light of our knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the report of the trustees. 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Act 2011 requires us to report to you if, in our opinion: 

- adequate and sufficient accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or 

- the parent charitable company’s financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of directors’ remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit: or 

- the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the report of the trustees, and from the requirement to prepare a strategic report. 

## **Responsibilities of trustees** 

As explained more fully in the trustees’ responsibilities statement set out on page 6, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

9 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS AND TRUSTEES OF DUDLEY COUNCIL FOR VOLUNTARY SERVICE (CONTINUED)** 

## **Responsibilities of trustees (continued)** 

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

## **Auditor’s responsibilities for the audit of the financial statements** 

We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts. 

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

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below: 

: enquiry of management as to any knowledge of actual, suspected or alleged fraud 

- : enquiry of management as to any actual or potential litigation 

: enquiry of management of any instances of non-compliance with laws and regulations 

- : performing audit work over the risk of management overide of controls 

- : evaluating significant transactions outside the normal course of trade 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors. 

10 



DUDLEY COUNCIL FOR VOLUNTARY SERVICE
INDEPE1￿E1￿[ AUDITORS, REPORT TO THE MEMBERS AND TRUSTEES OF
DITDLEY COUNCIL FOR VOLin¥TARY SERVICE {cofaiNUED)
Use of our rel￿rt
TEiis report 15 made solely to the charitable company's mernbcrs, as a tx)dy, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006 and tc> thc ¢haritablc company's lrnstees. as a body. in accordanc¢ with Part 4 of ihe Charities
(Accounts and Reports) Regulations 2008. Our audit work has b¢en undertakevt so that w¢ might state to the charitable
company'5 members and its trustees those m&tters we are r¢quir¢d to stalc to them in an auditor's rew)rt and for oih
purrx)se. To the fullest extent pemhitted by law, we do not ac£ept or &ssume ttsponsibility to anyonc other than the
charitable company and the charitable company's members as a body and the eharitablc cotnpany's trustees as a body.
for our audit work, for this T¢1￿. or forthe opinions we have fom]ed.
D8vid Biirrows {SeAior Statutory Audltor)
For ond on behalf of Worton Rock LTmited
Chartered Accountants and Statutory Auditor
Churchfield House
36 Vicar Street
Dudley
Wesl Midlands
DY2 8RG
5 Cktober 2021
Iyorton Rrtk £imiiÉdu #ligible fo acl as t7n audiior in tern￿ ofseclion 1212 ofihe Coinpaniey Aci 2006.

## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **GROUP STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING A GROUP INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021** 

|**Notes**<br>**INCOME**<br>**Income and endowments from:**<br>Donations and legacies<br>**4**<br>Charitable activities<br>**5**<br>**Other trading activities**<br>**6**<br>**Other income**<br>**7**<br>**Investment income**<br>**8**<br>**Total incoming resources**<br>**EXPENDITURE**<br>Charitable activities<br>**9**<br>Other trading activities<br>**10**<br>**Total resources expended**<br>**NET INCOME/(EXPENDITURE)**<br>**BEFORE TAXATION**<br>Taxation<br>**12**<br>**NET INCOME/(EXPENDITURE)**<br>**AFTER TAXATION**<br>**23**<br>Transfers between funds<br>**23**<br>**Net movement in funds**<br>**Total funds brought forward**<br>**23**<br>**TOTAL FUNDS CARRIED FORWARD**<br>**23**|**Unrestricted**<br>**Funds**<br>**£**<br>37,500<br>748,683<br>200,290<br>143,513<br>197<br>1,130,183<br>920,746<br>294,816<br>1,215,562<br>(85,379)<br>425<br>(84,954)<br>6,759<br>(78,195)<br>656,639<br>578,444|**Restricted**<br>**Funds**<br>**£**<br>2,326<br>1,034,900<br>-<br>-<br>-<br>1,037,226<br>1,018,163<br>-<br>1,018,163<br> <br>19,063<br>-<br>19,063<br>(6,759)<br>12,304<br>418,415<br>430,719|**Total**<br>**2021**<br>**£**<br>39,826<br>1,783,583<br>200,290<br>143,513<br>197<br>2,167,409<br>1,938,909<br>294,816<br>2,233,725<br> <br>(66,316)<br>425<br>(65,891)<br>-<br>(65,891)<br>1,075,054<br>1,009,163|**Total**<br>**2020**<br>**£**<br>27,869<br>1,616,022<br>452,636<br>41,463<br>821<br>2,138,811<br>1,799,710<br>431,022<br>2,230,732<br>(91,921)<br>(537)<br>(92,458)<br>-<br>(92,458)<br>1,167,512<br>1,075,054|
|---|---|---|---|---|



All income and expenditure derive from continuing activities. 

The statement of financial activities included all gains and losses recognised during the year. 

12 



DUDLEY COUNCIL FOR VOLUNTARY SERVICE
GROUP BALANCE SHEET AS A T 31 MARCH 2W21
Unrestiided Restri¢te41
Fund8
Fwmls
Totsl
2021
Total
20
Notes
Fixed assets
Tungtble 8sp£ts
16
90.171
71.027
161.198
163,789
161.198
Current as
Stock
D¢bio
Cash at baDk and in Trolld
18
19
5.617
143,081
656.320
5,617
259,478
915.984
7,838
293.069
1.002.346
Il6297
259.664
805.018
376.061
1.181.079
1.303253
Creditors: amounts falling dut
witbin one ve
20
390.291
Nd ¢urmit awts
489.545
359.692
849.237
912,962
Prnvlsh)n for drfe￿d L￿at10ft
{12n)
(1.272)
(1,697)
Net as8¢ts
43n 719 1 (KJ9.163
1075.054
Fundi
Unrtstricted funds..
23
23&24
335.724
242,720
335,724
242,720
430.719
239,281
417.358
418,415
Designat¢d
Rutrleted fuDd5
430.719
430 719
1009 163
1075 054
Th¢ trustees have pryared 8TOUP a¢couttts itt a£¢(Jthe with section 398 of the Compallics Act
2(X)6 and scction 138 of thc Cknrities Act 2011. These accounts have been prewed in Hccordancc
with th¢ spwial proTrisions of Part 15 of the Comp4nie5 Act 20n6 relats'ng to small tharilabl¢
¢4)mpanics and ¢oll$lilutc the aDnual aGcounts Te4uired by the Companies Act 2006 and QTC for
Circulation to mejnkn of the cotnp4nJ.
Th¢ notes on pa8¢s 16 to 32 fonn part of these fu￿ClaI statements.
Company ￿8151[atIon nwllber 1998105.
The financial statements VieTC appToved by the Board of Tn7sw on S O¢wb¢r 2021 and w¢r¢
d on its behalf by:
i V. Abr2hams
Dlre£¢orfrTUSt&Y
orfrntstee
13

DUDLEY COUNCIL FOR VOLUNTARY SERVICE
COMPANY BALANCE SHErf AS AT 31 MARCH 2021
Total
2021
Tot*1
2020
Fullda
Noles
Flxed &qsets
T4ngible aS￿ts
16
17
83.476
71,027
154.51
2W)
154,85g
21XJ
83.676
71.027
154.703
153,OJ8
Currtttt
DebtOTS
Cash at baDk and iti Iw
19
IIK1.494
116,31yI
259.664
216,891
861.105
230,504
9M.382
701,93J
209986
376,061
16.369
1.077.996
226.335
1,174.886
259.520
Credlton: •mounti falllng dmewithin ont ytar
Net currnt amets
491.949
359,692
851.641
915.366
*uets
575,625
430.719
1070 424
Fun¢Js
G¢JeJal
De$ignated
Ratrictetl fund¥
23
23&24
331905
242.720
332.￿5
242,720
430,71Y
234,651
417.358
418.415
430,719
575.625
430.719 ￿44
1070 424
The8e fin8nciai 8tstrll￿t8 have been pterAr¢d the wial provisi￿8 of PArt
15 of the comp￿10$ A¢t Th Yelatiffjg to small cbatitabl¢ cornpa￿.
Thc notes on tog¢s 16 to 32 frfyrnl pth ofthesc finatritil Staten￿
Company Te81st￿lOn tnMnbeT 1g)8105.
The financial statetnents WeTt ap￿ved bv the B¢Ard of Trustrts on 5 (lxobtt 2021 attd
Signed Im its behaWEry'.
M. V. Abrahams
Directorftrustre
DirfflorlTnisttt
14

**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **GROUP CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021** 

|**Notes**<br>**Cash flows from operating activities:**<br>Cash generated/(absorbed) from operations<br>**1**<br>**Net cash provided by (used in) operating activities**<br>**Cash flows from investing activities**<br>Purchase of tangible fixed assets<br>Interest received<br>**Net cash provided by (used in) investing activities**<br>**Change in cash and cash equivalents in the reporting**<br>**period**<br>**Cash and cash equivalents at the beginning of the**<br>**reporting period**<br>**Cash and cash equivalents at the end of the reporting**<br>**period**<br>**NOTES TO THE GROUP CASH FLOW STATEMENT**<br>**FOR THE YEAR ENDED 31 MARCH 2021**<br>**1**<br>**Cash generated/(absorbed) from operations**<br>**Net income/(expenditure) for the reporting period (as**<br>**per the statement of financial activities)**<br>**Adjustments for:**<br>Depreciation charges<br>Interest received<br>Movement in deferred tax<br>Decrease/ (Increase) in stocks<br>Decrease/(Increase) in debtors<br>(Decrease)/Increase in creditors<br>**Net cash provided by (used in) operating activities**|**2021**<br>**Group**<br> <br>**£**<br>(76,407)<br>(76,407)<br>(10,152)<br>197<br>(9,955)<br>(86,362)<br>1,002,346<br>915,984<br>**2021**<br>**Group**<br>**£**<br>(65,891)<br>12,743<br>(197)<br>(425 )<br>2,221<br>33,591<br>(58,449)<br>(76,407)|**2021**<br>**Company**<br>**£**<br>(73,322)<br>(73,322)<br>(10,152)<br>197<br>(9,955)<br>(83,277)<br>944,382<br>861,105<br>**2021**<br>**Company**<br>**£**<br>(64,080)<br>10,507<br>(197)<br> <br>-<br>-<br>13,613<br>(33,165)<br>(73,322)|**2020**<br>**Group**<br>**£**<br>(40,860)<br>(40,860)<br>(50,464)<br>821<br>(49,643)<br>(90,503)<br>1,092,849<br>1,002,346<br>**2020**<br>**Group**<br>**£**<br>(92,458)<br>14,177<br>(821)<br>537<br>(515)<br>(18,060)<br>56,280<br>(40,860)|**2020**<br>**Company**<br>**£**<br>(78,209)<br>(78,209)<br>(42,642)<br>821<br>(41,821)<br>(120,030)<br>1,064,412<br>944,382<br>**2020**<br>**Company**<br>**£**<br>(91,921)<br>8,471<br>(821)<br>-<br>-<br>5,503<br>559<br>(78,209)|
|---|---|---|---|---|



15 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **1 Statutory Information** 

Dudley Council for Voluntary Service is a private company, limited by guarantee without share capital, registered in England and Wales. 

The presentation currency of the accounts is the Pound Sterling (£), rounded to the nearest pound. 

## 2 **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 2015)', 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. 

## **Group financial statements** 

The financial statements consolidate the results of the charity and its wholly owned subsidiaries on a line by line basis. A separate statement of financial activities and income and expenditure account for the charity have not been presented because the Charity has taken advantage of the exemption afforded by section 408 of the Companies Act 2006. 

## **Income** 

All income is recognised in the Statement of Financial activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

Where the terms of a grant or service level agreement state that the charity is not entitled to the income until the project commences the income received for projects which have not commenced is deferred and carried forward in creditors in a Deferred Income Account. 

Individual projects receiving grants of less than £20,000 are aggregated in the Small Grants restricted fund for the purposes of these accounts but are separately recorded within the accounting records. 

Donated facilities are included in the accounts at a notional figure where the trustees are able to estimate the value of the facilities received. 

Other income is accounted for on a receivable basis. 

Interest receivable is accounted for on an accruals basis. 

Trading income is accounted for on the accruals basis. 

16 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **2. Accounting policies (continued)** 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

Expenses are allocated to projects or core services as they are incurred. 

Where expenses are incurred which relate to more than one of the charity’s activities these are allocated between projects and core services on the following bases: 

Staff costs Percentage of time spent on each activity Premises costs Number of rooms occupied Other expenses Percentage usage 

Expenses allocated to projects are divided between the individual projects on the basis of the size of the project as measured by the amount of grant income. 

## **Tangible fixed assets** 

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows: 

|Buildings|4% p.a.|straight line basis|
|---|---|---|
|Leasehold property improvements|over the term of the lease||
|Fixtures and fittings|25% and 33⅓ % p.a.|straight line basis|
|Office equipment|25% p.a.|straight line basis|
|Computer equipment|33⅓ % p.a.|straight line basis|



Expenditure of less than £1,000 per item is not capitalised but is written off in the year in which it is incurred. 

## **Capital grants** 

Specific grants in connection with capital expenditure are credited to a restricted fund if the asset purchased is subject to restrictions as to its use.  A designated fixed asset fund has been created for other fixed assets funded by grants.  Depreciation on fixed assets funded by grants is charged against the corresponding restricted or designated fund. 

## **Stock** 

Stocks are stated at the lower of cost and net realisable value. Provision is made for damaged, obsolete and slow-moving stock where appropriate. 

## **Investments** 

Investments in subsidiaries are measured at cost less impairment.  Current asset investments are short term highly liquid investments and are held at fair value. These include cash on deposit and cash equivalents with a maturity of less than one year. 

17 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **2. Accounting policies (continued)** 

## **Debtors and creditors receivable/payable within one year** 

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. 

## **Financial instruments** 

The charity and group only have the financial assets and liabilities of a kind that qualifies as basic financial instruments. Basic financial instruments are recognised at transition value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities, but has limited exemption on its trading activities. The subsidiary companies are liable to corporation tax on their trading activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Designated funds are funds that the trustees have designated for a specific purpose. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Leasing commitments** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

## **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. 

## **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 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 

18 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**3**<br>**Summary financial performance of the charity alone**:<br>**Note**<br> **Unrestricted**<br>**Funds**<br>**£**<br>**INCOME**<br>**Income and endowments from:**<br>Donations and legacies<br>**4**<br>37,500<br>Charitable activities<br>**5**<br>748,683<br>Gift aid receipts from trading<br>subsidiaries<br>43,575<br>**Other trading activities**<br>23,414<br>**Other income**<br>**7**<br>29,500<br>**Investment income**<br>**8**<br>197<br>**Total incoming resources**<br>**23**<br>882,869<br>**EXPENDITURE**<br>Charitable activities<br>**9**<br>920,746<br>Other trading activities<br>45,266<br>**Total resources expended**<br>**23**<br>966,012<br>**NET INCOME/(EXPENDITURE)**<br>(83,143)<br>Transfers between funds<br>6,759<br>**Net movement in funds**<br>(76,384)<br>**Total funds brought forward**<br>**23**<br>652,009<br>**TOTAL FUNDS CARRIED**<br>**FORWARD**<br>575,625<br>**4**<br>**Income from donations and legacies**<br>**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br> <br>Toy Appeal<br>-<br>Donated facilities<br>37,500<br>37,500|**Restricted**<br>**Funds**<br>**£**<br>2,326<br>1,034,900<br>-<br>-<br>-<br>-<br>1,037,226<br>1,018,163<br>-<br>1,018,163<br> <br>19,063<br>(6,759)<br>12,304<br>418,415<br>430,719<br>**Restricted**<br>**funds**<br>**2021**<br>**£**<br>2,326<br>-<br> <br>2,326|**Total**<br>**2021**<br>**£**<br>39,826<br>1,783,583<br>43,575<br>23,414<br>29,500<br>197<br>1,920,095<br>1,938,909<br>45,266<br>1,984,175<br> <br>(64,080)<br>-<br>(64,080)<br>1,070,424<br>1,006,344<br>**Total funds**<br>**2021**<br>**£**<br> <br>2,326<br>37,500<br> <br>39,826|**Total**<br>**2020**<br>**£**<br>27,869<br>1,616,022<br>71,490<br>36,235<br>41,463<br>821<br>1,793,900<br>1,799,710<br>86,111<br>1,885,821<br>(91,921)<br>-<br>(91,921)<br>1,162,345<br>1,070,424<br> **Total funds**<br>**2020**<br>**£**<br>2,869<br>25,000<br> <br>27,869|
|---|---|---|---|



Donated facilities represent notional rent for the charity’s offices. These are provided rent free by DMBC. A corresponding notional rent expense is included in charitable expenditure. 

19 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**5**<br>**Income from charitable activities**<br> <br>Core Grants<br>Goods and Services<br>Children’s’ Officer<br>Small Grants<br>Carers’ Co-Coordinator<br>East Coseley<br>Healthwatch Dudley<br>A&E HIU Social Prescribing<br>Emergent Cultures<br>Refurbishment<br>Covid -19<br>Winter Warmth<br>Holiday Activity<br>Workforce Capacity<br>IT Replacement<br>**6**<br>**Income from other trading activities -**<br>**Group**<br> <br>Office rentals and room hires<br>Catering and refreshments<br>Sales of tickets and services<br>Supply of information technology services|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br> <br>745,638<br>3,045<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>748,683<br>________<br>**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br> <br>113,580<br>-<br>-<br>86,710<br>200,290<br>________|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>-<br>-<br>88,205<br>16,090<br>41,350<br>162,960<br>213,500<br>25,989<br>150,524<br>-<br> <br>30,000<br> <br>62,000<br> <br>60,000<br> <br>175,000<br> <br>9,282<br> <br>1,034,900<br>________<br>**Restricted**<br>**funds**<br>**2021**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>________|<br> <br> <br> <br>|**Total**<br>**2021**<br>**£**<br>745,638<br>3,045<br>88,205<br>16,090<br>41,350<br>162,960<br>213,500<br>25,989<br>150,524<br>-<br>30,000<br>62,000<br>60,000<br>175,000<br>9,282<br>1,783,583<br>________<br>**Total**<br>**2021**<br>**£**<br>113,580<br>-<br>-<br>86,710<br>200,290<br>________|<br> <br> <br> <br>|**Total**<br>**2020**<br>**£**<br>710,767<br>4,000<br>158,655<br>21,329<br>40,540<br>209,404<br>209,000<br>72,149<br>150,000<br>30,000<br>10,178<br>-<br>-<br>-<br>-<br>1,616,022<br>________<br>**Total**<br>**2020**<br>**£**<br>42,514<br>212,226<br>114,829<br>83,067<br>452,636<br>________|
|---|---|---|---|---|---|---|
||||||||
||||||||



Rental and room hire income is generated from dy1 and Brierley Hill Civic Hall, properties leased from Dudley MBC under the asset transfer regulations. Supplies of information technology services were provided by Psiams Systems Limited. All other trading income has been generated from Brierley Hill Civic Hall. 

|**7**<br>**Other income**<br>**Group**<br>Other income<br>Covid-19 Support<br>**7**<br>**Other income**<br>**Company**<br>Other income|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br> <br>29,725<br>113,788<br>____143,513_<br>**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br> <br>29,500<br>________|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>-<br>-<br>______-__<br>**Restricted**<br>**funds**<br>**2021**<br>**£**<br>-<br>________|**Total**<br>**2021**<br>**£**<br>29,725<br>113,788<br>_____143,513<br>**Total**<br>**2021**<br>**£**<br>29,500<br>________|**Total**<br>**2020**<br>**£**<br>41,463<br>-<br>____41,463__<br>**Total**<br>**2020**<br>**£**<br>41,463<br>________|
|---|---|---|---|---|
||||||



20 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**8**<br>**Interest receivable**<br>**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>**Restricted**<br>**funds**<br>**2021**<br>**£**<br>Bank and other interest<br>197<br>-<br>________<br>________<br>**9**<br>**Expenditure on Charitable activities**<br>**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>**Restricted**<br>**funds**<br>**2021**<br>**£**<br>Human resources<br>717,030<br>399,609<br>Operational costs<br>37,302<br>152,590<br>Grants paid<br>-<br>360,402<br>________<br>________<br>754,332<br>912,601<br>________<br>________<br>**Support costs**<br>**£**<br>**£**<br>Premises costs<br>59,462<br>54,619<br>Professional costs<br>47,728<br>35,931<br>General costs<br>25,905<br>11,757<br>Depreciation<br>7,252<br>3,255<br>Governance costs (note 11)<br>26,067<br>-<br>________<br>________<br>166,414<br>105,562<br>________<br>________<br>Charitable activities<br>920,746<br>1,018,163<br>________<br>________<br>**10**<br>**Expenditure on other trading activities**<br>**All unrestricted**<br>**Office**<br>**rentals and**<br>**room hire**<br>**Catering and**<br>**refreshments**<br>**Sales of**<br>**tickets and**<br>**commission**<br>**Other**<br>**income**<br>**£**<br>**£**<br>**£**<br>**£**<br> <br>Purchases<br>-<br>-<br>4,253<br>7,646<br>Human resources<br>-<br>-<br>139,360<br>64,475<br>Operational costs<br>7,638<br>-<br>1,870<br>1,577<br>Premises costs<br>37,448<br>-<br>15,791<br>-<br>Professional costs<br>-<br>-<br>3,201<br>4,500<br>General costs<br>180<br>-<br>4,641<br>-<br>Depreciation<br>-<br>-<br>2,236<br>-<br>45,266<br>-<br>171,352<br>78,198||**Total**<br>**2021**<br>**£**<br>197<br>________<br>**Total**<br>**2021**<br>**£**<br>1,116,639<br>189,892<br>360,402<br>________<br>1,666,933<br>________<br>**£**<br>114,081<br>83,659<br>37,662<br>10,507<br>26,067<br>________<br>271,976<br>________<br>1,938,909<br>________<br>**Total**<br>**2021**<br>**£**<br> <br>11,899<br>203,835<br>11,085<br>53,239<br>7,701<br>4,821<br>2,236<br>294,816||**Total**<br>**2020**<br>**£**<br>821<br>________<br>**Total**<br>**2020**<br>**£**<br>1,063,554<br>260,956<br>170,485<br>________<br>1,494,995<br>________<br>**£**<br>110,905<br>117,583<br>41,155<br>8,470<br>26,602<br>________<br>304,715<br>________<br>1,799,710<br>________<br>**2020**<br>**£**<br>159,100<br>153,167<br>23,801<br>73,355<br>12,235<br>3,658<br>5,706<br>431,022|
|---|---|---|---|---|
||||||



21 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**11**<br>**Governance costs**<br>**Core services**<br>**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>**Restricted**<br>**funds**<br>**2021**<br>**£**<br>Staff costs<br>11,478<br>-<br>Printing, stationery & advertising<br>289<br>-<br>Accountancy and audit fees<br>14,300<br>-<br>________<br>________<br>26,067<br>-<br>________<br>________<br>**12**<br>**Taxation**<br>**Analysis of the tax charge**<br>The tax charge on the net income for the year was as follows.<br>Corporation tax<br>Deferred tax credit /(charge)||**Total**<br>**2021**<br>**£**<br>11,478<br>289<br>14,300<br>________<br>26,067<br>________<br>**2021**<br>**£**<br>-<br>425<br>425||**Total**<br>**2020**<br>**£**<br>11,202<br>500<br>14,900<br>________<br>26,602<br>________<br>**2020**<br>**£**<br>-<br>(537)|**Total**<br>**2020**<br>**£**<br>11,202<br>500<br>14,900<br>________<br>26,602<br>________<br>**2020**<br>**£**<br>-<br>(537)|
|---|---|---|---|---|---|
|||||||
||||||(537)|



## **13 Trustees’ Remuneration and benefits** 

No travel expenses were reimbursed during the year (2020 - 1 trustee £134). 

Mr. G. Jones, treasurer, received £25,110 (2020 - £34,125) for accountancy and administration services provided. This is in accordance with an agreement with the Charity Commission dated 24 April 2007. The amount owed to G Jones at 31 March 2021 was £1,745 (2020 - £635). 

22 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **14 Employees and staff costs** 

|The total emoluments (including monetary<br>and non-monetary benefits-in-kind) of<br>employees during the year were:<br>Emoluments<br>Employers’ National Insurance contributions<br>Pension contributions<br>Healthcare|**2021**<br>**Group**<br>**£**<br>1,154,316<br>109,432<br>66,539<br>1,666<br>1,331,953|**2021**<br>**Company**<br>**£**<br> <br>975,167<br> <br>96,578<br> <br>54,707<br> <br>1,666<br> <br>1,128,118|**2020**<br>**Group**<br>**£**<br> <br>1,069,096<br> <br>100,231<br> <br>54,837<br> <br>1,362<br>1,225,526|**2020**<br>**Company**<br>**£**<br>940,529<br>91,163<br>51,702<br>1,362<br>1,084,756|
|---|---|---|---|---|



|The average number of employees during the<br>year was:<br>Charitable activities<br>Management and administration<br>Trading activities<br>Full time equivalents<br>Charitable activities<br>Management and administration<br>Trading activities<br>Total benefits received by key management<br>personnel<br>Number of employees receiving benefits in<br>excess of £60,000<br>Emoluments £60,000-£70,000|**2021**<br>**Group**<br>33<br>2<br>16<br>51<br>32<br>2<br>10<br>44<br>**2021**<br>**Group**<br>**£**<br>187,458<br>**2021**<br>**Group**<br>1|**2021**<br>**Company**<br>30<br>2<br>-<br>32<br>30<br>2<br>-<br>32<br>**2021**<br>**Company**<br>**£**<br> <br>146,307<br>**2021**<br>**Company**<br>1|**2020**<br>**Group**<br> <br>30<br> <br>2<br> <br>22<br> <br>54<br> <br>30<br> <br>2<br> <br>12<br> <br>44<br>**2020**<br>**Group**<br>**£**<br> <br>168,046<br>**2020**<br>**Group**<br> <br>1|**2020**<br>**Company**<br>30<br>2<br>-<br>32<br>30<br>2<br>-<br>32<br>**2020**<br>**Company**<br>**£**<br>127,796<br>**2020**<br>**Company**<br>1|
|---|---|---|---|---|



23 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**15**<br>**COMPARATIVES FOR THE GROUP**<br>**STATEMENT OF FINANCIAL**<br>**ACTIVITIES**<br> <br>**INCOME**<br>**Income and endowments from:**<br>Donations and legacies<br>Charitable activities<br>**Other trading activities**<br>**Other income**<br>**Investment income**<br>**Total incoming resources**<br>**EXPENDITURE**<br>Charitable activities<br>Other trading activities<br>**Total resources expended**<br>**NET INCOME/(EXPENDITURE)**<br>**BEFORE TAXATION**<br>Taxation<br>**NET INCOME /(EXPENDITURE)**<br>**AFTER TAXATION**<br>Transfers between funds<br>**Net movement in funds**<br>**TOTAL FUNDS CARRIED FORWARD**<br>**Net (outgoing)/ incoming resources for the**<br>**year**<br>**Funds brought forward as at 1 April 2019**<br>**Funds carried forward as at 31 March 2020**|**Unrestricted**<br>**funds**<br>**2020**<br>**£**<br>25,000<br>714,767<br>452,636<br>41,463<br>821<br>1,234,687<br>923,378<br>431,022<br>1,354,400<br>(119,713)<br>(537)<br>(120,250)<br>33,686<br>(86,564)<br>743,203<br>656,639|**Restricted**<br>**funds**<br>**2020**<br>**£**<br> <br>2,869<br> <br>901,255<br> <br>-<br> <br>-<br> <br>-<br> <br>904,124<br> <br>876,332<br> <br>-<br>876,332<br> <br>27,792<br> <br>-<br> <br>27,792<br> <br>(33,686)<br>(5,894)<br> <br>424,309<br>418,415|**Total**<br>**2020**<br>**£**<br> <br>27,869<br> <br>1,616,022<br> <br>452,636<br> <br>41,463<br> <br>821<br> <br>2,138,811<br> <br>1,799,710<br> <br>431,022<br> <br>2,230.732<br> <br>(91,921)<br> <br>(537)<br> <br>(92,458)<br> <br>-<br>(92,458)<br> <br>1,167,512<br> <br>1,075,054|
|---|---|---|---|



24 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**16**<br>**Tangible fixed assets**<br>**Group**<br>**Cost**<br>At 1 April 2020<br>Additions<br>At 31 March 2021<br>**Depreciation**<br>At 1 April 2020<br>Charge for the year<br>At 31 March 2021<br>**Net Book Values**<br>At 31 March 2021<br>At 31 March 2020<br>**Company**<br>**Cost**<br>At 1 April 2020<br>Additions<br>At 31 March 2021<br>**Depreciation**<br>At 1 April 2020<br>Charge for the year<br>At 31 March 2021<br>**Net Book Values**<br>At 31 March 2021<br>At 31 March 2020|<br>**Freehold**<br>**land and**<br>**buildings**<br>**£**<br>44,163<br>-<br>44,163<br>22,234<br>967<br>23,201<br>20,962<br>21,929<br>**Freehold**<br>**land and**<br>**buildings**<br>**£**<br>44,163<br>-<br>44,163<br>22,234<br>967<br>23,201<br>20,962<br>21,929|**Leasehold**<br>**property**<br>**improve-**<br>**ments**<br>**£**<br> <br>150,342<br> <br>-<br> <br>150,342<br> <br>25,142<br> <br>6,162<br> <br>31,304<br> <br>119,038<br>125,200<br>**Leasehold**<br>**property**<br>**improve-**<br>**ments**<br>**£**<br> <br>150,342<br> <br>-<br> <br>150,342<br> <br>25,142<br> <br>6,162<br> <br>31,304<br> <br>119,038<br>125,200|**Fixtures**<br>**and**<br>**fittings**<br>**£**<br>44,907<br>-<br>44,907<br>35,829<br>2,383<br>38,212<br>6,695<br>9,078<br>**Fixtures**<br>**and fittings**<br>**£**<br>20,620<br>-<br>20,620<br>20,473<br>147<br>20,620<br>-<br>147|**Office**<br>**equipment**<br>**£**<br> <br>2,563<br>-<br>2,563<br>2,563<br>-<br>2,563<br>-<br>-<br>**Office**<br>**equipment**<br>**£**<br> <br>2,563<br>-<br>2,563<br>2,563<br>-<br>2,563<br>-<br>-|**Computer**<br>**equipment**<br>**£**<br> <br>31,095<br>10,152<br>41,247<br>23,513<br>3,231<br>26,744<br>14,503<br>7,582<br>**Computer**<br>**equipment**<br>**£**<br> <br>31,095<br>10,152<br>41,247<br>23,513<br>3,231<br>26,744<br>14,503<br>7,582|**Totals**<br>**£**<br>273,070<br>10,152<br>283,222<br>109,281<br>12,743<br>122,024<br>161,198<br>163,789<br>**Totals**<br>**£**<br>248,783<br>10,152<br>258,935<br>93,925<br>10,507<br>104,432<br>154,503<br>154,858|
|---|---|---|---|---|---|---|



The land and buildings shown above include land at an estimated original cost of £20,000 (2020 - £20,000). All fixed assets held are in furtherance of the charity’s objects. 

25 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **17 Fixed asset investments (Company)** 

|**Fixed asset investments (Company)**|||
|---|---|---|
|Shares in group undertakings:<br>Dudley CVS Enterprises Limited<br>Psiams Systems Limited|**2021**<br>**£**<br>100<br>100<br>200|**2020**<br>**£**<br>100<br>100|
|||200|



Both of the companies are wholly owned trading subsidiary companies, incorporated in the UK (England and Wales). The activities of these companies are included in the consolidated financial statements. A summary of the subsidiaries’ trading results is set out below. 

|Total Income<br>Total Expenditure<br>Profit/(Loss) for the year<br>Net assets/(liabilities)<br>**18**<br>**Stocks**<br>Bar stocks<br>**19**<br>**Debtors: amounts falling due within one**<br>**year**<br>Trade debtors<br>Grants receivable<br>Prepayments and accrued income<br>Other debtors<br>**20**<br>**Creditors: amounts falling due within**<br>**one year**<br>Trade creditors<br>Amounts owed to group companies<br>Accruals and deferred income<br>Social security and other taxes<br>Other creditors|**Dudley CVS**<br>**Enterprises**<br>**Limited**<br> <br>**2021**<br>**£**<br>209,179<br>210,990<br>(1,811)<br>2,919<br>**2021**<br>**Group**<br>**£**<br>5,617<br>5,617<br>**2021**<br>**Group**<br>**£**<br>51,043<br>119,182<br>36,168<br>53,085<br>259,478<br>**2021**<br>**Group**<br>**£**<br>49,614<br>-<br>224,149<br>35,007<br>23,071<br>331,841|**Dudley CVS**<br>**Enterprises**<br>**Limited**<br> <br>**2021**<br>**£**<br>209,179<br>210,990<br>(1,811)<br>2,919<br>**2021**<br>**Group**<br>**£**<br>5,617<br>5,617<br>**2021**<br>**Group**<br>**£**<br>51,043<br>119,182<br>36,168<br>53,085<br>259,478<br>**2021**<br>**Group**<br>**£**<br>49,614<br>-<br>224,149<br>35,007<br>23,071<br>331,841|**Dudley CVS**<br>**Enterprises**<br>**Limited**<br>**2020**<br>**£**<br>338,334<br>338,871<br>(537)<br>4,730<br>**2021**<br>**Company**<br>**£**<br>-<br>-<br>**2021**<br>**Company**<br>**£**<br>18,062<br>119,182<br>29,025<br>50,622<br>216,891<br>**2021**<br>**Company**<br>**£**<br>32,797<br>80,743<br>54,737<br>35,007<br>23,071<br>226,355|**Dudley CVS**<br>**Enterprises**<br>**Limited**<br>**2020**<br>**£**<br>338,334<br>338,871<br>(537)<br>4,730<br>**2021**<br>**Company**<br>**£**<br>-<br>-<br>**2021**<br>**Company**<br>**£**<br>18,062<br>119,182<br>29,025<br>50,622<br>216,891<br>**2021**<br>**Company**<br>**£**<br>32,797<br>80,743<br>54,737<br>35,007<br>23,071<br>226,355|**Psiams**<br>**Systems**<br>**Limited**<br>**2021**<br>**£**<br>86,710<br>86,710<br>-<br> <br>(91,816)<br>**2020**<br>**Group**<br>**£**<br>7,838<br>7,838<br>**2020**<br>**Group**<br>**£**<br>60,447<br>149,932<br>43,386<br>39,304<br>293,069<br>**2020**<br>**Group**<br>**£**<br>69,878<br>-<br>230,726<br>35,604<br>54,083<br>390,291|**Psiams**<br>**Systems**<br>**Limited**<br>**2021**<br>**£**<br>86,710<br>86,710<br>-<br> <br>(91,816)<br>**2020**<br>**Group**<br>**£**<br>7,838<br>7,838<br>**2020**<br>**Group**<br>**£**<br>60,447<br>149,932<br>43,386<br>39,304<br>293,069<br>**2020**<br>**Group**<br>**£**<br>69,878<br>-<br>230,726<br>35,604<br>54,083<br>390,291|**Psiams**<br>**Systems**<br>**Limited**<br>**2020**<br>**£**<br>83,067<br>83,067<br>-<br>(91,816)<br>**2020**<br>**Company**<br>**£**<br>-|
|---|---|---|---|---|---|---|---|
||||||||-|
||||||||**2020**<br>**Company**<br>**£**<br>4,921<br>149,932<br>42,348<br>33,303<br>230,504<br>**2020**<br>**Company**<br>**£**<br>53,349<br>16,666<br>125,997<br>34,421<br>29,087<br>259,520|
||||**2021**<br>**Company**<br>**£**<br>32,797<br>80,743<br>54,737<br>35,007<br>23,071<br>226,355||**2020**<br>**Group**<br>**£**<br>69,878<br>-<br>230,726<br>35,604<br>54,083<br>390,291|||
|||||||||



26 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**21**<br>**Provisions for liabilities**<br>Deferred tax<br>Capital allowances in excess of<br>depreciation|**2021**<br>**Group**<br>**£**<br>1,272<br>1,272|**2021**<br>**Company**<br>**£**<br> <br>-<br>-|**2020**<br>**Group**<br>**£**<br> <br>1,697 <br>1,697|**2020**<br>**Company**<br>**£**<br> <br>-|
|---|---|---|---|---|
|||||-|



## **22        Financial commitments** 

## **Operating leases** 

Total future minimum lease payments under non-cancellable operating leases are as follows: 

|Not later than one year<br>Later than one and not later than five years<br>Later than five years – land and buildings|**2021**<br>**£**<br>67,463<br>247,551<br>1,081,555<br>1,396,569|**2020**<br>**£**<br>68,557<br>262,178<br>1,142,055|
|---|---|---|
|||1,472,790|



The lease payments for land and buildings, £1,384,055 (2020 - £1,444,555), will only be paid if agreed outcomes are not met. 

27 



## **DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**23**<br>**Movement in funds**<br>**Group**<br>**Unrestricted funds**<br>General fund<br>Designated funds (note 24)<br>**Restricted funds**<br>Toy Appeal<br>Children’s officer<br>Carer’s co-ordinator<br>Small Grants<br>Big Local - East Coseley<br>Healthwatch Dudley<br>Refurbishment fund<br>A&E HIU Social Prescribing<br>Emergent Cultures<br>Covid -19<br>Winter Warmth<br>Holiday Activity<br>Workforce Capacity<br>IT Replacement|**Balance at 1**<br>**April 2020**<br>**£**<br>239,281<br>417,358<br>656,639<br>985<br>176,401<br>-<br>52,593<br>-<br>21,541<br>65,000<br>33,669<br>58,928<br>9,298<br>-<br>-<br>-<br>-|<br>**Net**<br>**movement in**<br>**funds**<br>**£**<br>89,684<br>(174,638)<br>(84,954)<br>(785)<br>(14,058)<br>(1,935)<br>(3,725)<br>34,484<br>3,721<br>(3,000)<br>(24,975)<br>(2,218)<br>(1,166)<br>4,572<br>1,974<br>17,147<br>9,027|**Transfers**<br>**between**<br>**funds**<br>**£**<br>6,759<br>-<br>6,759<br>-<br>-<br>1,935<br>-<br>-<br>-<br>-<br>(8,694)<br>-<br>-<br>-<br>-<br>-<br>-|**Balance at 31**<br>**March 2021**<br>**£**<br>335,724<br>242,720|
|---|---|---|---|---|
|||||578,444|
|||||200<br>162,343<br>-<br>48,868<br>34,484<br>25,262<br>62,000<br>-<br>56,710<br>8,132<br>4,572<br>1,974<br>17,147<br>9,027|
||418,415<br>1,075,054|19,063<br>(65,891)|(6,759)<br>-|430,719|
|||||1,009,163|



Net movements in funds included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>Designated funds (note 24)<br>**Restricted funds**<br>Toy Appeal<br>Children’s officer<br>Carer’s co-ordinator<br>Small Grants<br>Big Local -East Coseley<br>Healthwatch Dudley<br>Refurbishment fund<br>A&E HIU Social Prescribing<br>Emergent Cultures<br>Covid 19<br>Winter Warmth<br>Holiday Activity<br>Workforce Capacity<br>IT Replacement<br>**Total funds**|**Incoming**<br>**resources**<br>**Resources**<br>**expended**<br>**£**<br>**£**<br>1,056,065<br>966,381<br>74,118<br>248,756<br>1,130,183<br>1,215,137<br>2,326<br>3,111<br>88,205<br>102,263<br>41,350<br>43,285<br>16,090<br>19,815<br>162,960<br>128,476<br>213,500<br>209,779<br>-<br>3,000<br>25,989<br>50,964<br>150,524<br>152,742<br>30,000<br>31,166<br>62,000<br>57,428<br>60,000<br>58,026<br>175,000<br>157,853<br>9,282<br>255<br>1,037,226<br>1,018,163<br>2,167,409<br>2,233,300|**Gains and**<br>**losses**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Movement in**<br>**funds**<br>**£**<br>89,684<br>(174,638)|
|---|---|---|---|
||||(84,954)|
||||(785)<br>(14,058)<br>(1,935)<br>(3,725)<br>34,484<br>3,721<br>(3,000)<br>(24,975)<br>(2,218)<br>(1,166)<br>4,572<br>1,974<br>17,147<br>9,027|
||||19,063|
||||(65,891)|



28 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**23**<br>**Movement in funds (continued)**<br>**Company**<br>**Balance at 1**<br>**April 2020**<br>**£**<br>**Unrestricted funds**<br>General fund<br>234,651<br>Designated funds (note 24)<br>417,358<br>652,009<br>**Restricted funds**<br>Toy Appeal<br>985<br>Children’s officer<br>176,401<br>Carer’s co-ordinator<br>-<br>Small Grants<br>52,593<br>Big Local - East Coseley<br>-<br>Healthwatch Dudley<br>21,541<br>Refurbishment fund<br>65,000<br>A&E HIU Social Prescribing<br>33,669<br>Emergent Cultures<br>58,928<br>Covid - 19<br>9,298<br>Winter Warmth<br>-<br>Holiday Activity<br>-<br>Workforce Capacity<br>-<br>IT Replacement<br>-<br>418,415<br>**Total funds**<br>1,070,424<br>Net movements in funds included in the above are as follows:<br>**Company**<br>**Incoming**<br>**resources**<br>**£**<br>**Unrestricted funds**<br>General fund<br>882,869<br>Designated funds (note 24)<br>-<br>882,869<br>**Restricted funds**<br>Toy Appeal<br>2,326<br>Children’s officer<br>88,205<br>Carer’s co-ordinator<br>41,350<br>Small Grants<br>16,090<br>Big Local - East Coseley<br>162,960<br>Healthwatch Dudley<br>213,500<br>Refurbishment fund<br>-<br>A&E HIU Social Prescribing<br>25,989<br>Emergent Cultures<br>150,524<br>Covid -19<br>30,000<br>Winter Warmth<br>62,000<br>Holiday Activity<br>60,000<br>Workforce Capacity<br>175,000<br>IT Replacement<br>9,282<br>1,037,226<br>**Total funds**<br>1,920,095|**Balance at 1**<br>**April 2020**<br>**£**<br>234,651<br>417,358<br>652,009<br>985<br>176,401<br>-<br>52,593<br>-<br>21,541<br>65,000<br>33,669<br>58,928<br>9,298<br>-<br>-<br>-<br>-|<br>**Net**<br>**movement in**<br>**funds**<br>**£**<br>91,495<br>(174,638)<br>(83,143)<br>(785)<br>(14,058)<br>(1,935)<br>(3,725)<br>34,484<br>3,721<br>(3,000)<br>(24,975)<br>(2,218)<br>(1,166)<br>4,572<br>1,974<br>17,147<br>9,027|**Transfers**<br>**between**<br>**funds**<br>**£**<br>6,759<br>-<br>6,759<br>-<br>-<br>1,935<br>-<br>-<br>-<br>-<br>(8,694)<br>-<br>-<br>-<br>-<br>-<br>-|**Balance at 31**<br>**March 2021**<br>**£**<br>332,905<br>242,720<br>575,625<br>200<br>162,343<br>-<br>48,868<br>34,484<br>25,262<br>62,000<br>-<br>56,710<br>8,132<br>4,572<br>1,974<br>17,147<br>9,027|
|---|---|---|---|---|
|||19,063<br>(64,080)<br>**Resources**<br>**expended**<br>**£**<br>717,256<br>248,756<br>966,012<br>3,111<br>102,263<br>43,285<br>19,815<br>128,476<br>209,779<br>3,000<br>50,964<br>152,742<br>31,166<br>57,428<br>58,026<br>157,853<br>255|(6,759)<br>-<br>**Gains and**<br>**losses**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|430,719<br>1,006,344<br>**Movement in**<br>**funds**<br>**£**<br>165,613<br>(248,756)<br>(83,143)<br>(785)<br>(14,058)<br>(1,935)<br>(3,725)<br>34,484<br>3,721<br>(3,000)<br>(24,975)<br>(2,218)<br>(1,166)<br>4,572<br>1,974<br>17,147<br>9,027<br>19,063<br>(64,080)|
||1,037,226|1,018,163|-||
||1,920,095|1,984,175|-||



29 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

|**24**<br>**Designated funds**<br>**Balance at 1**<br>**April 2020**<br>**£**<br>The trustees undertake an annual review of their<br>future plans and designate amounts out of<br>unrestricted funds accordingly.  The position at<br>31 March 2021 is:<br>**Income**<br>Staff Costs<br>200,000<br>Information Technology<br>15,000<br>Grants<br>181,158<br>**Capital**<br>Garage<br>21,200<br>417,358|<br>**Designated/**<br>**(released)**<br>**during the**<br>**year**<br>**£**<br>69,693<br>4,425<br>-<br>-<br>74,118|**Expenditure**<br>**incurred**<br>**£**<br>69,693<br>14,425<br>164,038<br>600<br>248,756|**Balance at 31**<br>**March 2021**<br>**£**<br>200,000<br>5,000<br>17,120<br>20,600|
|---|---|---|---|
||||242,720|



## **25         Funds of the charity** 

## **Description of restricted funds** 

These are the specific projects that the charity has been requested to operate. Unless otherwise stated these projects are funded by specific grants from Dudley Metropolitan Borough Council (DMBC). 

## **Toy appeal** 

This project ensures that children, who would otherwise receive nothing at Christmas, are given a gift or enjoy an outing such as a trip to the pantomime or a Christmas Party. 

## **Children’s’ officer** 

Facilitates effective networking across the voluntary sector child care agencies promoting the development of services and consulting parents and children on the Borough Children’s Services Plan. 

## **Small grants** 

This comprises individual grants of less than £20,000 from all sources. 

## **Big Local – East Coseley** 

Supported through Big Local and administered by Local Trust for the Big Lottery Fund to promote the £1 million coming to East Coseley and gather community visions for the area from as wide a range of individuals, groups and organisations as possible. This is being done through production of an area newsletter, regular Forum meetings, community activities, engagement and outreach and a small community grants programme. 

30 



**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **25         Funds of the charity (continued)** 

## **Asset Based Health Improvement** 

Funded by Dudley CCG, this is to fund the provision of an asset based health improvement project, involving community led asset based health improvement activities and strategic stakeholder engagement to pilot and evaluate such an approach. 

## **Carers’ Co-Ordinator** 

Funded by Dudley CCG, this project is to promote partnership working in the acute hospital setting, linking the voluntary sector with statutory partners, to achieve recognition, assessment, intervention and support for carers. 

## **Healthwatch Dudley** 

Funded by Dudley MBC, and set out under The Health And Social Care Act 2012, the aim of local Healthwatch will be to give citizens and communities a stronger voice to influence and challenge how health and social care services are provided within their locality. 

## **Refurbishment Fund** 

A grant from Dudley MBC to assist in the major refurbishment work of the former Day Care Centre in Stafford Street, Dudley and the Brierley Hill Civic Hall, following asset transfers to Dudley CVS. 

## **A&E High Intensity User Social Prescribing Project** 

Funded by Dudley CCG and match funded on a sliding scale by Dept. of Health this aims to reduce instances of extreme sole attendances at A&E departments by tackling the various social issues involved. 

## **Emergent Cultures** 

Funded by Big Lottery Fund, a three year project to continue the Company’s pilot of the Co-Lab Dudley project. Seeking to be a catalyst and support system for the people of Dudley to develop opportunities to collaborate with each other, making, sharing and learning together thus enabling them to be better connected and lead healthier and happier lives. 

## **Covid-19** 

A grant received from Dudley MBC for costs relating to the Borough’s Covid-19 pandemic response, topped up by a further grant this year to administer Covid-19 welfare grants to individuals in need 

## **Winter Warmth (Covid Local Support Grant)** 

A grant from Dudley MBC to facilitate the provision of direct assistance to support families with children, struggling with the costs of food, energy and water bills and other associated costs as a result of the Covid-19 pandemic 

## **Holiday Activity** 

A grant from Dudley MBC to facilitate the provision of healthy food and enriching activities to disadvantaged children over the school holidays 

## **Workforce Capacity** 

A grant from Dudley MBC to VCS organisations for expenditure to alleviate the effects of the Covd-19 pandemic e.g. equipment for staff for home working etc. 

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**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **25         Funds of the charity (continued)** 

## **IT Replacement** 

A grant from the Workforce Capacity fund used for equipment for staff working at home 

## **Unrestricted funds – income** 

## **Core services** 

This is the general fund of the charity mainly funded by DMBC and Dudley CCG and used to provide capacity building to voluntary and charitable groups throughout the Borough. The Service Level Agreement also includes the Volunteer Bureau and Community Care projects as well as Integrated Services, being a designated fund, as part of Dudley CVS core activities. 

Transfers are made from this fund to make good any shortfall in funding for the specific projects of the charity. 

## **Unrestricted funds – designated** 

## **Staff Costs** 

This fund is a provision for two posts which the Board have decided to fund directly from reserves and a proposed annual designation to enable certain externally funded projects to continue. 

## **Information Technology** 

This fund is in respect of anticipated costs to update the company’s website. 

## **Grants** 

Funds from Dudley CCG with the purpose of enabling active participation and representation of the voluntary and community sector in integrated care services in Dudley borough and Development of and Support to Patient Participation Groups. 

## **Unrestricted funds – capital** 

## **Garage** 

This fund represents the garage previously purchased with a grant from DMBC. 

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**DUDLEY COUNCIL FOR VOLUNTARY SERVICE** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** 

## **26         Limited liability** 

The company is a registered charity and has been granted the power to dispense with the word “Limited” from its name. 

The liability of the members is limited by guarantee to a sum not exceeding £1 in the event of the company being wound up. 

## **27         Related Party Disclosures** 

The charity has two wholly owned trading subsidiaries which are incorporated in the UK (England and Wales). The activities of these companies are included in the consolidated financial statements. The charity has taken advantage of the exemptions under FRS 102 not to disclose related party transactions. 

Dudley CVS Enterprises Limited (Company number 09482845) operates events, promotional activities and bar and catering at Brierley Hill Civic Hall. 

Psiams Systems Limited (Company number 10000491) provides information technology services. 

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