2022-03-31-accounts - Wolverhampton Voluntary and Community Action

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		Page
Legal and Administrative	Information
Board ofTrustees Annual	Report	2-14
Report ofthe independent	auditors	15-17
Statement offinancial activities - SOFA
Balance Sheet		19
Cash flow statement		20
Notes forming part ofthe	financial statements	21-35

				Unrestricted	Restricted		Tots I	Tots I
				Funds	Funds		Funds	Funds
			Note	2022 E	2022f		2022 5	2021 E
INCOME
Income from charitable		activities	5	42,452	3,002,900		3,045,352	3,559,838
Investment Income				3,215			3,215	5,935
TOTAL INCOME				45,667	3,002,900		3,048,567	3,565,773
EXPENDITURE
Charitable Activities			6	33,481	2,979,743		3,013,224	3,333,336
TOTAL EXPENDITURE				33,481	2,979,743		3,013,224	3,333,336
NET INCOMEJEXPENDITURE				12,186	23,157		35,343	232,437
Transfers between	funds		15	27,498	(27,498)
NET MOVEMENT	IN FUNDS			39,684	(4,341)		35,343	232,437
						F
Total funds brought	forward			551,455	1,018,475		1,569,930	1,337,493
TOTAL FUNDS at	31 March 2022			591,139	1,014,134		1,605,273	1,569,930

			Note		2022f		2021
Fixed Assets:
Tangible Assets					1,500		2,250
Investments					1		1
Current Assets:
Debtors			10	330,815		392,115
Deposit Accounts				438,558		435,542
Cash at bank and	in	hand		1,036,757		862,584
				1,806,130		1,690,241
Creditors:amounts		falling due within one year	12	(202,358)		(122,562)
Net current assets					1,603,772		1,567,679
Total net assets					1,605,273		1,569,930
Charity Funds:
General unrestricted		fund			410,732		388,112
Designated funds					180,407		163,343
Restricted funds					1,014,134		1,018,475
					1,605,273		1,569,930

					Note	2022	2021
Cash flows from operating	activities:
Surplus / (Deficit) for the year						35,343	232,437
Adjustments for.
Depreciation oftangible assets						750	750
Other interest receiveable and		similar income				(3,215)	(5,935)
Changes in:
Trade and other debtors						61,300	(127,138)
Trade and other creditors						79,796	(27,856)
Cash generated from operations:						173,974	72,258
Interest received						3,215	5,935
Net cash from / (used in) operating			activities			177,189	78,193
Cash flows from investing	activities
Payment to acquire tangible	fixed		assets
Net increase / (decrease) in	cash		and cash equivalents			177,189	78,193
Cash and cash equivalents	at	beginning		ofyear		1,298,126	1,219,933
Cash and cash equivalents		at the year end			11	1,475,315	1,298,126

4	Grants payable
					Number	2022 5	Number	2021
	CRF 50+					2,080
	CRF Skills Connect				12	174,847
	100% Digital					49,500
	Third Sector Consortium Resilience		Partners/Systems			117,608	3	115,304
	Talent Match Partners					747,938	5	1,149,339
	One City Fund grants					2,000	37	85,090
	Girls Allowed Partners					77,663		77,800
	Building Connections	Partners				7,664		19,841
	Social Prescribing Partner					24,873		24,497
	Thriving Communities				12	36,205
	Winter Pressures 2					16,729
					53	1,257,107	55	1,471,871
5	Income from Charitable			Activities
					Unrestricted	Restricted	Total	Total
					2022	2022	2022	2021
	Active Black Country					3,250	3,250
	Arts Council					43,920	43,920
	Black Country Consortium					8,852	8,852
	Big Lottery Fund Grants		(BLF)			741,796	741,796	726,997
	Community Renewal	Fund				470,129	470,129
	ESFgrants					267,307	267,307	1,318,864
	BLF/ESF joint funded	programme				54,936	54,936	67,588
	BLF/DCMS joint funded			programme				30,391
	City ofWolverhampton	Council (CWC)				288,899	288,899	177,908
	Clinical Comrnisioning	Group (CCG)/NHS				927,470	927,470	713,803
	Co-op Foundation					1,045	1,045	9,990
	Department of Health							41,184
	Comic Relief					56,916	56,916	100,000
	Police and Crime Coinmisson							114,550
	Creative Black Country							6,500
	Donation					380	380	79,836
	Non Grant Income				42,452	138,000	180,452	172,227
					42,452	3,002,900	3,045,352	3,559,838

				Staff Costs	Other Charitable Costs	Support Costs	Tots I 2022	Total 2021
					f	f
Core Actigties					4,472	18,305	22,777	31,152
Infrastructure Support	incl		Trading	6,182	2,819	1,703	10„704	(23,221)
				6,182	7,291	20,008	33,481	7,931
CRF 50+				3,995	2,080	599	6,674
CRF Skills Connect				11,597	175,415	1,740	188,752
100% Digital					56,999		56,999
Engagement & Partnership/ICS				45,823	3,626	9,253	58,702	34,302
Faith Engagement				3,956	83	200	4,239	13,707
Girls Allowed				6,235	77,663	6,500	90,398	88,456
Infrastructure Support				94,591	2,163	18,700	115,454	116,197
Life Chances
Mental Health					399		1,245	816
One City Fund					2,000		2,000	85,095
Preventative Partnership
Public Health Transformation								481
Service User Involvement				84,830	5,091	30,309	120,230	117,748
Social Enterprise Wolverhampton
Social Prescribing				507,941	51,871	51,352	611,164	533,540
Thriving Communities					36,930		36,930
Covid-19 response								41,527
Building Connections					12,682		12,682	25,545
Suicide Prevention					550		550
Talent Match - Big Lottery				254,931	568,971	97,386	921,288	536,091
Talent Match - Impact (ESF/YEI)				10,406	240,654	16,237	267,307	1,323,650
Talent Match - PCC					4,964		4,964	139,232
Talent Match —CRF				86,310	95,536	12,945	194,792
Third Sector Consortium: Resilience		Systems			125,720		126,720	126,954
Third Sector Partnership								227
Volunteer Services Bridges				49,058	2,764	5,048	56,870	66,009
Volunteer Services				46,043	1,481	15,154	62,678	61,290
Space to Connect								4,424
Space to Connect 2				4,866	5,513		10,379	656
Winter Pressures 2					20,062		20,062
VVolverhampton for Everyone				1,778	6,379		8,157	8,778
YOW- Orange Wolverham			pton		452		452
YOW- Children's Workforce					55		55	680
TOTAL RESTRICTED				1,213,206	1,501,113	265,424	2,979,743	3,325805
TOTALEXPENDITURE				1,219,388	1,508,404	285,432	3,013,224	3,333,336

Support Cost Breakdown	Support Cost Breakdown
		2022	2021
		6	f
Staff costs		187,302	208,434
Property		55,654	55,023
Oflice		30,238	35,177
Depreciation		750	750
Professional	fees	3,988	2,284
Support Costs		277,932	301,668
Governance	costs:
AGM
Audit fees		7,500	7,500
TOTAL COSTS		285,432	309,168

Net incoming/	(outgoing) resources b	efore transfers
		2022	2021
This isstated	aner charging:
Rentals under	operating leases	25,000	25,000
Auditors remuneration		7,500	7,500
Depreciation:	owned fixed assets	750	750

Cost
31 March 2021	34,996	5,250	40,246
Additions
31 March 2022	34,996	5,250	40,246
Depreciation:
31 March 2021	34,996	3,000	37,996
Charge for the year		750	750
31 March 2022	34,996	3,750	38,746
Net book value:
31 March 2021		2,250	2,250
31 March 2022		1,500	1,500

have made it so that WVCA now ho	have made it so that WVCA now ho	lds 75% o	fthe active
Class ofshare		%	Holding
Ordinary			75
		2020	2019
Aggregate	capital and reserves	4	4

					2022	2021
	Debtors				277,320	304,743
	Payments		in advance		53,495	87,372
					330,815	392,115
11	Cash	and	Cash	Equivalents
					2022	2021
						5
	Funds	on	deposit	at bank	438,558	435,542
	Cash	at bank and		in hand	1,036,757	862,584
					1,475&315	1„298,126

Creditors: amounts	Creditors: amounts	falling due within one year	falling due within one year
			2022	2021
			6	6
Other creditors			33,348	104,427
Accruals	& Deferred	income	169,010	18,135
			202,358	122,562

	01.04.2021	Received	Released	31.03.2022
NAVCA		3,000		3,000

		Unrestricted	Designated	Restricted	Tots I 2022
			6		f
Fixed	Assets	1,501			1,501
Current	Assets	432,684	180,407	1,193,039	1,806,130
Current	Liabilities	(23,453)		(178,905)	(202,358)
		410,732	180,407	1,014,134	1,605,273

Reserves and Reconcilia	tio	n o	f Movement	in Funds
				31 INarch 2021	Transfers	Incoming Resources	Outgoing Resources	31 March 2022
				6
Unrestricted funds:
General unrestricted funds				388,112	5,962	45,667	29,009	410,732
Designated funds				163,343	21,536		4,472	180,407
				551,455	27,498	45,667	33,481	591,139
Restricted funds:
CRF 50+						6,674	6,674
CRF Skills Connect						223,455	188,752	34,703
100% Digital						74,999	56,999	18,000
Engagement & Partnership/ICS				4,056		70,536	58,702	15,890
Faith Engagement				2,848	1,391		4,239
Girls Allowed				34,156		56,916	90,398	674
Infrastructure Support				22,033	14,834	100,000	115,454	21,413
Life Chances				11,868	(11,868)
Mental Health				66,980			1,245	65,735
One City Fund				4,740			2,000	2,740
Preventative Partnership						100,000		100,000
Public Health Transformation				9,843	(9,843)
Service User Involvement	(SUIT)			23,954		133,000	120,230	36,724
Social Prescribing				85,533		640,793	611,164	115,162
Social Prescribing - Thriving		Communities			49	43,920	36,930	7,039
SP - Building Connections				12731	(49)		12,682
Suicide Prevention						7,500	550	6,950
Talent Match - Big Lottery				662,884		744,046	921,288	485,642
Talent Match - Impact (ESF/YEI)						267,307	267,307
Talent Match - PCC				4,964			4,964
Talent Match - CRF						240,000	194,792	45,208
Third Sector Consortium:Systems			Resilience	5,798		128,493	126,720	7,571
Third Sector Partnership				12	(12)
Volunteer Senfces Bridges				1,934		54,936	56,870
Volunteer Services				7,246		60,000	62,678	4,568
Space to Connect 2				9,334		1,045	10,379
Winter Pressures Fund				22,000	(22,000)
Winter Pressures Fund 2						46,400	20,062	26,338
Wolverhampton for Everyone				15,197		2,500	1,657	16,040
WE - The 'F' Words				6,500			6,500
YOW - Orange Wolves				881		380	452	809
YOW - Childen's Workforce				2,983			55	2,928
				1,018,475	(27,498)	3,002,900	2,979,743	1,014,134
				1,569,930		3,048,567	3,013,224	1,605,273

			2022	2021
General activities			41.3	42.6
The aggregate	payroll costs ofthese persons was as follows:
			2022	2021
			F
Wages and salaries			1,219,653	1,226,378
Social security costs			104,073	98,248
Other pension	costs		79,799	79,144
Redundancy	costs		3,165	688
			1,406,690	1,404,458
			2022	2021
			6	F
Key management		remuneration	127,579	125,406

	2022
	Land and Buildings	Other	Land and Buildings	Other
	6		F
Falling due:
Within one year	25,000	2,836	25,000	3,549
In one to two years		1,730		2,610
In two to five years		2,231		3,287
After 5years
	25,000	6,797	25,000	9,446