WOLVERHAnApTON VOLUNTARY AND COMMUNITY ACTION
Company number: 2288239
Registered charity number: 700910
WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
(Llmited by Guarantee>
Report of the Board of Trustees and Flnanclal Statements
Year ended 31 March 2025

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Contents
Page
Legal and Administrative Infomation
Board of Trustees Annual Report
2-12
Report of the independent auditors
13-1.5
Statement of financial aGtivities- SOFA
16
Balance Sheet
17
Cash flow statement
18
Notes forming part of the financial statements
19-31

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Legal and Administrative Infomiation
2024-25
Charity Name
Wolverhampton Voluntary and Community Action (WVCA)
Board of Trustees
Simeon Greene (Co-chair)
James Fox
Anne Marie Harrison
Patricia Mary Kemp (Co-chair)
Gurbax Kaur
Paul Tulley
Dr Josh Johnson
Daryl Chambers
Anna Place (appointed 2210412024)
Lisa Storey (appointed 0410612025)
Dominlque Williams (appointed 0410612025)
Pamela Cole-Hudson (resigned 1810212025)
Janet Clarke Lewis (reslgned 1010612024)
Councillor Jeszemma Howl (city council observer resigned June 2025), to be replaced by
Councillor Tersaim Singh
Secretary and registered office
Sharon Nanan-sen
Paycare House, George Street, Wolverhampton, WV2 4DX
Key Management
Sharon Nanan-sen, Chief Executive
Company Number
2288239
Reglstered Charfty Number
700910
Audltors
Muras Baker Jones Limited,
Regent House, Bath Avenue, Wolverhampton, WV14EG

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
Financial Statements
Trustees, responsibilitles in relation to the flnancial statements.
The Trustees, who are also Directors of Wolverhampton Voluntary and Communlty Action ('WVCA') for
the purposes of company law, are responsible for preparing the Trustees, Annual Report and the Financial
statements. The financial statements comply with the Companies Act 2006, the CharltSes Act 2011 and
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard Applicable in the UK and
Republic of Ireland (FRS 102) published on 16 July 2014 (as amended by Update Bullelin 1 published on
2 February 2016).
Company law requires the Tnistees to prepare financial statements for each financial year, which give a
true and fair view of the state of affairs of Wolverhampton Voluntary and Community Action and of the
incoming resources and application of resources, including the income and expenditure of the charitable
company for the year.
In preparlng these financial statements, the Trustees are required to:
Select suitsble accounting policies and then apply them consistently"
Observe the methods and principles in the Charities SORP.,
Make judgements and estimates that are reasonable and prudent; and
Prepare the financial statements on the golng GonGern basls unless it is inappropriate to presume
that WVCA will continue in operation.
The Trustees are responsible for keeping proper accounting reGords which disclose with reasonable
accuracy at any time the financial position of WVCA and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responslble for safeguarding the assets
of INVCA and hence for taking reasonable steps for the prevention and detection of fraud and other
Irregularities,
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charity's webslte. Legislation in the Unlted Kingdom governSng the preparation and
dissemin8tlon of financial statements may differ from legislation in other jurisdictions.
Structure Governance and Mana
ement
Administrative Detalls
The day-to-day management of WVCA Is ultimately the responsibility of the Chief Executive on behalf of
the Trustees. The Chlef Executive is also responslble, with the Board of Ttustees, for the strategic directlon
of the organisation and delivery of its objectives.
The Chief Executive was managing the whole Ser￿l¢e until the appointment in October 2024 of
servi￿ and Business Development Manager who carries out much but not all, of the day-to-day
management, in addition to bringing in additional funding and developing the business.
A FInan￿ Manager (15 hours per month) is supported by a Finan￿ Officer (30 hours per week) and has
overall responsibility to Ihe CEO for finance systems and processes, A robust finan￿'al delegation system
is in Flace wlth each project lead having day to day responslbility for their own budgets.
Governing Document
WVCA Is a chaiitable oompany limtted by guarantee, incorporated on 19th August 1988 and registered as
a Charity on 24th November 1988. The company was establlshed under a Memorandum of Association
that established the objects and powers of the charitable company and is governed under its Articles of
Association. In the event of the company being wound up" members are eath required to contribute an
amount not exceeding £1.

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
The Articles ofAssociation were reviewed and changes agreed at the 2018 AGM. The changes were
a response to dffficulties in achieving quorums at some meetings thus hindering effective and prompt
decision making. The changes reduced the size of the Board and quoracy requirements, while also
ensuring effective govemance and board oversight. In early 22123 members agreed to change the
organisation's name to Wolverhampton Voluntary and Community Action (WVCA) which was
implemented in the same year. No further changes to the Articles of Association have been made.
Although there is no requirement in the Artides of Association to hold an AGM, in terms of updating
the voluntary sector and partners on WVCA'S activities, an AGM was held on the 18 February 2025.
The AGM was well attended, and posttive feedback was received.
Recruitment and Appolntment of Board of Trustees
though INVCA Is a small to medlum slzed organisation, It Is a complex one operating in what is an
increasingly challenglng envlronment. It is therefore important that the skills and competencies of the
trustee body are at a high level. WVCA is also involved in a very diverse range of activiti8s as outlined
later In thls reFy)rt and therefore the trustee body needs to demonstrate a broad as well as a high level of
skllls In carrying oul its governance role.
The changes agreed at the 2018 AGM maintains a Board structure which reflects our customers and the
environment in which we operale. The current Board make up and quoracy requirefflents as outlined In
the Artlcles of Association are as follow￿.
The minimum number of directors shall be 6 and the maximum number of directors shall be 12. This Board
of DireGtors will be made up of:
a) A minlmum of 4 and a maximum of 6 Voluntsry and Community Organlsations operating in
Wolverhampton who are members of Wolverhampton Voluntary and Community Action.
b) Individuals, who can be invited to join the Board for their expertise induding as °experts by
experience.
c) A mlnlmum of 2 and a maximum of 3 other partners from the private, education, and public seGtors.
These directors are recruited to strengthen links across the City and provide speclalist input into
the Board. All trustees they must support our objectlves.
d) The Clty Council has observer status on the board and may invite any person to attend the charity's
meetings (both directors and general meetings) as an obse￿er without the power to vote. This
observer will not be counted in the quorum.
The quorum shall be 3 or such larger number as may be decided from time to time by the directors. This
quorum must include at least 2 directors from a) and at least 1 from c) above.
The quorum must have Voluntsry and Community Organisations In the rnajority. This Is so that any
changes or any issues requiring a vote will need to be supported by VCO members.
At the time of this report, one board member has resigned, Iwo new board members have been
recruited and there Is one vacancy. We have 11 Board members made up of 3 partners, 3 experts by
experience and 5 VCS organisations. We have ensured that our Board membership reflects the
diverslty of Wolverhampton and at the lime of writing 5 of the current 11 Board members are people
from minority ethnic communities,
The Trustees of the company are also the Charity Trustees for the pU￿OseS of charity law. Under the
Company's Artides they are known as members of the Management Committee.
Trustees. Inductlon and Tralnlng
As representatives of member organisations, key partners, or individuals most Trustees are familiar
with the work of WVCA. Each new board member meets with the Chief Executive and is provided

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
with the Charity Commission's Essential Trustee Good Practice Guide and is given the latest
information and links on the roles and responsibilities of a trustee,
In addition, rep)rts on specific activities are provided at board meetings. A board awayday is being
planned for Trustees. The strategic diiection of WVCA is regularly discussed at bo8rd meetings. The
Board and CEO will meet In order to keep thls under review and reset the organisation strategic priorlties
where required.
anisational Structure
WVCA has a trustee bJard of up to 12 members who meet bimonthly and are responsible, with the
Chief Executive, for the slrategic direction of the Charity. In addition, the City Council nominates a
Councillor with observer status on the board.
The Chief Executive has delegated responsibility from the board for the provision of seNices and the day-
to-day operation of WVCA. The Chief Executive works closely with managers In executing these
responsibilities. The structure below the Board comprises several elements as follows:
Pro'ect Leads: The Chief Executive meets on a regular basis, with project leads as required, to establish
that the organisation is delivering its mission, that it Is doing so in a consistent and effectlve manner, and
to make any operational adjustments that may be required.
Staff meetin
s: Regular staff meetings provide a forum for ensuring a collective understanding of day-
to-day matters in areas such as health and safety and provide a forum for the Chief Executive and
others to communicate matters of relevance to all staff.
Staff su
ort.. All staff meet regularly for supervision with their Line Managers. Currently, the Chief
Executive manages the ServiGe and Business Development Manager, Finance OFficerlManager,
Social Prescribing Coordinator and the Engagement and Partnerships Lead. The Service and
Business Development Manager manages the Infrastructure Support Team (3 staffj, Comms Officer
and the SUIT Project Lead. The Chief Executive receives supervision from the Chair of the Board.
inancial dele
ation: Robust financial systems are in place, with levels of financial authority from the
Board, through to the Chief ExecuUve down to individual projects, within agreed budgets. Systems for
authorising both Income and expenditure are in place along with an effective credit control system. Regular
reports to Board ensure overall financial prudenGe and allow for the management of any financial risk.
Partner Organisations
WVCA Is a memb8r The National Council forvoluntary Organlsations {NCVO>, NAVCA and The Chamber
of Commerce.
As an umbrella organisatlon for the sector, WVCA has a major strategic role in Wolverhampton and works
with partners locally, sub-regionally and nationally in order to achieve shared outcomes. To this end
WVCA works In partnership at a number of levels and these can be summarised as follows:
Voluntar
Communit Social Ente
rise and Faith
VCSEF
rou
s: WVCA has a role in working with
other VCOS to °thampion" the sector. This involves worklng with organisations in response to issues
affecting the sector and carrying out a co-ordlnating role to ensure thatthe sector Is effectively represented
at a strategic level across the city. At the most strategic level this includes membership of the "One
Wolverhampton" Board and the Health and Well Being Board. In addition, WVGA has the role of facilitating
the Wolverhampton VCSEF Alliance.
Conso
'a Partners.. Consortia working, both within the VCSEF and across sectors, is growing and
developing as an accepted approach for achleving better outcomes for local people. WVCA have been
leadlng the way in the development of consortia both across the City and beyond, which has resulted, over

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
the past 10 years in over £10M being secured and spent with VCSEF in Wolverhampton and the
surrounding area.
In particular..
Black Country Together (BCT) was developed In 2013 by the four CVS'S In order to support the delivery
of sen11￿$ by the CVS on a sub-reglonal level. WVCA is one of the four members of the organisation,
VWCA delivers the Gity's Social Prescribing (SP) Servi￿. GPS and other services refer people to SP
lo address loneliness, isolation and low level mental health issues. The VCSEF provide 'social
prescriptions,.
WVCA also leads on the VCSEF Alliance , which consists ofrepresentation from Voluntary and Community
groups and organlsations and has become a key focus to ensuring a strong and clear voice for the sector
on a rang& of strateglc and policy Issues.
statuto
Sector: The Chief Executive of MICA is a member oflhe One Wolverhampton Partnership
and isjoint lead on Communlty Activation which is a key priority of the board. She also meets regularly
with the Chair of the board, the Director of Public Health and other senior statutory sector colleagues.
WVCA, through the Chief Executive also represents Ihe sector on a wide range of other forums, for
example:
O Children and Families Together Board
O Youth Justice Board
O One Wolverhampton
rf Safeguardlng Boards
rf Integrated Care Partnership
rf Health and Well Being board
WVCA also facilrtates representation on a range of strategic and operational forums Including:
rf The Safer Wofverhampton Partnership
rf Health and Well Being board
O Safeguardlng boards
In addltion, the Board and the CEO of WVCA work closely with statutory sector colleagues on a range of
strategic matters such as, social value, co-production, strategic funding and so on.
Risk Mana
ement
The risks facing WVCA can be considered under 3 broad headings as follows.,
Financial
Internal Control Risks,. The risk of financial mismanagement and, in the extreme, fraudulent activity:
The overall risk is reduced by having in place robust financial controls and policies and procedures for safe
management of financial reSoUr￿s. In additlon, WVCA has a robust and effective credit control system In
place that serves to ease cash fflow difficulties and minimise bad debts.
These systems, coupled with a small bLrt very competent finance team means that we are working well in
a complex envlronrnent. The financial outturn for the year under report, with a deficit of £20,179 on
unrestricted funds and no signlficant overspend on restricted budgets, within an extremely challenging
year would seem to support this.
Our continued membership of WMPF for one long standing and several ex stsff members does present
an On-goi￿ financial challenge with a tri-annual actuarial valuation due to take place during 2025, as the

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees. Annual Report for the year ended 31 March 2025
level of Gontribution rates continue to increase. Previous confirmation from WMPF that'upon termination
the associated assets and liabilities will be subsumed by the guaranto
in this case WCC, is a very
welcome Clarification and significantly reduces medium terms risk. The remaining risk, aside from current
affordability, is the aP￿iCable strain cost relating to the 1 remainlng staff member should they be made
redundant after the age of 55.
Our auto enrolment pension scheme, introduced for all other staff, is running smoothty with good take up.
External Financial Risks..
WVCA'S income is generated through grants, contracts and dired, paid for, servI￿s.
The landscape is changing nationally and locally with, for example, the abolition of NHS England, the
restructure of Ihe Integrated Care System and the significant reduction in funds available through the
City of Wolverhampton Council. We have negotiated several contracts with commissioners where we
have been able to run grant programmes for the VCSEF sector resulting in £350k being awarded to
the sector through those grant programmes. We have negotiated direct awards for the continuation
of the SP and SUIT contracts., however, these negotiations are at prices from 5 years ago. We are
needing to navigate Carefully through this landscape both for ourselves and the wider sector. This has
created a situation where there are limited opportunities and high levels of uncertalnty and associated
risk.
Operational
We work in an environment where the welght and complexity of legal requirements In areas such as health
and safety, safeguarding, employment law, equal opportunities and GDPR is growing, In addition the
hole system approach" brings its own challenges for example the need for technical solutions to effective
partnership working, (in our case the shared use of EMIS the IT platform used by GPS). Thls places all
organisations at risk. In order to help manage this, the Service and Business Development Manager
takes a lead on internal policies and procedures; additionally, we are working with an HR adviser and
internal policies and procedures are under review.
The Board are ultimately responsible for overseelng this area of work and WVCA also has in pla￿ a
number of stsff-led infortllal working groups including in the areas of first ald, fire safety and health and
safety.
We ended hybrid working on 1st July 2024 in reGognition of being post Covid coupled with the needs
of people who use our services for faGe-to-face delivery of projects and services. We still use Teams
as and when necessary.
Finally covering our core costs, including the "core team Is a growing challenge, funders are not prepared
to fund organisational Infrastructure and are often unwilling to fund on the basis of full cost recovery.
Personnel
Most organisations have a high level of dependency on their key staff. This is exa￿rbated within WVCA
where the diversity of our activities and high levels of specialism among senlor staff places us at significant
risk If those staff were to leave through reslgnation or illness - In several areas there are no ready-made
rep1a￿rnents that would be able to cover beyond the short term. Notice periods for the Chief Executive
is three months and for other managers it Is one month. this does redu￿ the risk of key posts being left
unfilled for any signifioant time.
staff turnover Is historically low, consistently running near or below 10 %.

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees. Annual Report for the year ended 31 March 2025
staff sickness rates for thls year averaged 4.76 days per employee, however, this does not include 3
staff who all had periods of long-term sickness.. in two cases 6 months each. Including these 3 staff
would increase the average to 9.51; that said, 16 Staff had no sickness and a further 11 staff had
between 1-5 days during the year.
Ob
ectives and Activlties
Our mission, vision, values and principles are as follows.
Our vision
Our vision is the world we want to see. This is the reminder that everything we work hard to
achieve is worth the effort because what we do is so much bigger than the 9-to-S.
Wolverhampton as a cily where everyone has the opportunity to fulFil their potential.
Wolverhampton as a clty where the root causes of inequality are eradicated for good.
Wolverhampton as a city with a well-resourced and thiiving VCSEF sector that supports
strong, diverse communities.
Our mlsslon
If the vision is the fLrture, the mission is today. Every day that we get up and fulfil a part of
our mission, we're one-step closer to achieving our vision.
To provide unrivalled, dedicated support ServI￿S to the voluntary and community sector.
To champion Wolverhampton's voluntary ar￿ community sector through our reach and
influence.
To promote community action and develop opportunities for people to engage in
volunteering.
To support people to have agency over their lives and influence decision-making processes
that matter to them.
To enhance people's quality of life within Wolverhampton, especially for those who feel most
excluded.
To develop partnerships which encourage co-design and co-production.
Our values
At WVCA, we are connected by a set of collective values, keeping us all working in the same
direction. These values are:
Collaboration
Integrity
Inclusive
Supportive
Delermination
Respect
Our Guldlng Prlnclples
Our guiding principles are a set of promises which our brand will alway5 align with.

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
We can use them when we want to reinforce our belief system. Our principles are the guide by
which we work and also how we evaluate our work.
We are all about people
The people of Wolverharnpton are at the heart of every decision we make. We believe that
every person should be given the opportunity to fulfil their potential.
We are change makers
We seek to understand the challenges people face. We work tirelessly to challenge
discrimination and commit to combattin9 the root caus8s of inequality.
We seek to collaborate
We know we can achieve more by working in partnership with others. We are your trusted
ally, always on hand with resourGes, experience and passion. We like to work with partners
to find solutions. Together we can.
We take bold and innovative action
We are brave, and together we persevere to reach our goals, building a strong ne￿ork that
is agile and resilient.
We strive for progress
We use our diverse skills and experience to influence and drive fomard change. We seek to
support our parlners to create pivotal and lasting transformation. Though our voice may be
calm, our impact is loud.
Public Benef it
A thriving Voluntary and Community Sector is a key airn of Central Government and is increasingly seen
as part of the solution to the health and social care crisis facing Ihe country. This will Involve the groups
and organlsations that make up the sector playing a fuller role in delivering setvices, including public
seNI￿S. Recasting the relationshlp belween people and government. empowering citizens. extending
opportunities and communities coming together to make lives better are key to current political thinking.
In recent times the development of SoGial Prescribing has seen a greater focus on our sector as the
enthusiasm and need for'social prescriptions" grows. In this contextWVCA:
Supports the development of capacity within the sector to position It to play a fuller part in the
delivery of seNices.
Delivers Wolverhampton's Social Prescribing Servi￿.
Enables meaningful participation in the work of partners sub regionally, City-wide and at the
neighbourhood level.
Principle 1: Identifiable Benefits
benefits are:
A strong and effective VCS EF in the city.
A clear Vol￿ for citizens, specifically those who use public services to influence and improve those
ServI￿S and the policies that inform them.
1b
Related
o our alms:
By supporting voluntary organisations to operate more effectively and by providlng a clear Vol￿ for
citizens, both through groups and as individuals, our benefits are directly related to our aims.
1c
B lanced a
ainst ha
With reference to each benefit outlined above:
A strong and effective VCSEF Improves the quality of provision and Chol￿ to those who
commission SerVi￿s. There are many services, both publlc and othemise, that are delivered

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
better by VCOS for a number of reasons including fleXi￿rIty, reach and cost effectiveness. This is
ac￿pted and supported by all political parties at the tlme of writing,
A clear voice for Cltizens helps to ensure that resources are used to best meet the needs of
beneficiaries. 11 Is possible that glving a disproportionate voice lo one particular interest or point
of view could be detrimental and thus VINCA works hard to ensure that a balanced picture,
Informed by a wide range of volces, Is presented through the activities outlined in notes 14 and 15
to the accounts.
Prlnclple 2: Benefit to the public
2a
Beneficlaiies a
ro
nate to the alms:
Beneficiaries are *oluntary organisations. and the community within Wolverhampton and the surroundlng
areas. The vast majority of our work has been within Wolverhampton with these beneficiaries. Some
cross boundary woth has taken place withln the Black County and, less so, the West Midlands. In all this
work Wolverhampton organisations and communilies have benefited and remained our focus. Black
County Together, Soclal Prescribing and most recently work with the ICS provide a vehicle for supporting
voluntary organisations to work together to delivery public services and provides some capacity building
to help them do so. Any surpluses generated will be used to the benefit of the local community.
2b
Not restrict
abili
WVCA'S basic services remain free at the point of delivery. No organlsation within the area of benefit
was denied a service because of inability to pay and we will continue to make every effort to maintain
this approach.
ra
2c
Peo
leln
ve
must not b8 e
cluded:
No charges are made to individuals for IWCA'S setvices and thus people in povety are not excluded. A
flexible approach to delivery including visiting groups and individuals, providing information in written and
electmnic fonns etc., also ensures that no-one is excluded as a result of poverty.

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
2d
Private benefit must be incidental:
WVCA gives grants to groups to help them achieve thelr charitable aims - these are not used to provide
any personal benefit to group members. WVCA provides for expenses to be paid to volunteers. These
expenses are to cover the costs to the individuals of engaging in forums or carrying out specific tssks.
Fundraising
The majority of WVCA income is frorn Contracts and Grants. No further direct fundraising activities have
taken place during the year 2024-2025.
Volunteers
WVCA operates the city's Volunteer Setvice (Wolverhampton Volunteers). The seNice pla￿S over 1000
new volunteers a year, wlth some 250 registered organisations offering placements. The service also
supports our most vulnerable citizens through BBO (Building Better Opportunltles), working more closely
with them to help ensure they can use volunteering, training and other routes to move nearer and into
employment.
Wolverhampton Volunteers has 8chleved the quality standard - the Volunteer Centre Quality Accreditation
(VCQA) - developed by Volunteer England, whlch focuses on the six core functions of a volunteer centre
and of which only one is available in each locality.
The centre is increasingly becoming a hub for volunteering across the whole city, at the outbreak of COVID
and the associated restrictions we worked closely with the local mutual aid group which led to 8 slgnificant
increase in the numbers of volunteers iegistered with us. We provide regular support sessions with
placement provlders lo improve their knowledge and practice, and outreach where capacity a15ows.
WVCA does offer opportunities for volunteering, primarily within SoGial Prescrlbing through, for example,
befrienders and SUIT where volunteers are ￿ntral to the delivery of the service. Opportunities elsewhere
within the organlsation are ad hoc but do regularly offer themselves. All volunteers within WVCA are
supported by paid staff and offered expenses to cover costs associated with their volunteer roles.
Detalls of the varlous work strands that dellver the above are Included in Notes 14 and 15 to the
accounts on pages 26 to 29.
Overall Achlevements Performance and Flnancial Review
During the year there was a reduction in income to £1,518,545 (from £1,598,684). There has b&n a small
reduction In total unrestricted funds from £450,520 In March 2024 to £430,341 (pre-transfers).
During the year we worked directly to support many hundreds of groups and organisations,, engaged with
and influenced a wide range of forums, strategies and inldatives across Wolverhampton and beyond and
supported thousands of vulnerable arKI troubled individuals, both direcuy and through collaborations with
a wide range of organisations. We were successful in secuting a number of contracts Including; Heart of
England, HOPE Volunteer Project, Knowyour Neighbourhood Fund, SEBF and Preventative Partnerships
(st, Peterfs Activity). We received in excess of 150 applications across the Black Country whlch was a
significant achievement bringing in approximately £400k into our Clty. The vast bulk of this resource goes
to VCS partners.
We continue to lead the way in temis of innovation across the City, championing the development of
Social Prescribing including making SUC￿ssful applications for funds to be used by partners in
providing social prescriptions.
10

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees, Annual Report for the year ended 31 March 2025
Reserves Policy
The reserves considered in the Reserves Policy, are the Yree reserves" These are the sum of the
Unrastricted General Reserves, less Fixed Assets within Unrestricled Activity. The rationale for WVCA'S
reserves is: to biidge the gap be￿een the spending and re￿Iving of resources, to provide sustainability
and continuity within times of income shortfall, and to enable WVCA to respond lo key developments in
the sector. The Trustees aim to build reseNes which would enable WVCA to continue to fulfil its
commitment to achievement of outcomes for at least 6 months, and to honour its liabilities at any point in
time for which a separate deslgnated reserve is set within Unrestricted Reserves. For the 2024-25
awounts this policy gave us a figure to work towards of £515,393.
As at 31 March 2025, VIJVCA'S unrestricted reserves are £561,795 (£450,520 in 23124). This is largely
result of a small decrease In In-year reserves, offset by transfers of reserves from projects which have now
completed Into general unrestricted and deslgnated reserves. Thls total is a combination of designated
resewes of £276,890 (which includes £177,130 for closure costs) and general unrestrfcted reserves of
£284,905. After allowing for a commitment towards a fixed asset of £10,297 thls leaves a resldue of
£274,608 (£309,854 in March 2024) as contribution lowards the tsrget of 6 months running costs, as
directsd by the reserves policy.
Plans for the future
We are in year 2 of the Infrastructure and Volunteer Centre contract. The contract value Is £200k per
year with no uplift. The contract is In place until DecemtEr 2028, with the option to extend for up to 2
further years.
The reduction in value of the contract given current pressures including those relating to pressure on
pay is a challenge and further illustrates the shrinklng of our financial relationship with the Council at
a time when the demand on WVCA and the wider sector is increasing.
SUIT has a subcontract in place with NACRO. The substantive contract between NACRO and the
city council is in its 2-year extension period until the end of March 2025, and we are in discussions
regarding our partnership and future activities over this extension perlod.
Th6 Social Prescribing Service is funded through 6 PCNS and the Integrated Care Board (formerly
CCG) year on year. During the months leading up to the end of March 2025, we were informed that
one PCN was withdrawing from thls arrangement from 18t April 2025. Therefore, the budget, including
the ICB Gontribution was cut. This resulted in the directive to reduce the SP Manager and SP Deputy
Manager to one post. The SP Manager opted for voluntary redundancy. The SP Deputy Managerwas
inteNiewed for the new role of SP Coordinator in April 2025 and was Suc￿sSfUl. This also resulted
in the SP Link Worker for the said PCN being seconded to them under a TUPE arrangement.
We do see a range of opportunltles for our organisation, alongside the challenges, in the years ahead:
4 Social Prescribing is an established part of the Wolverhampton Health and Social Care
landscape. It is a core manifestation of public sector aspirations for a whole system approach
and a key role for the VCSEF, To that end we do believe that this is likely to be a growing area
of work.
The Black Country Integrated Care system is most likely to implement the whole system
approaGh that is required, if health and social care is to improve. We have developed excellent
relationships with system leads ar)d employ the Engagement and Partnerships Lead Officer
leading on this work for the VCSEF. Funds for the sector have been made available through
this route. To date we have led on the distribution of short-term funds in Vvolverhampton.
rf We have a very positive emerging relationship with the local hospital Trust and secured a joint
contract with the national NHS charity.
11

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Trustees. Annual Report for the year ended 31 March 2025
In summary: We are in year 2 of our Infrastructure and volunteer centre contract. Encouragingly
projections are improving as we go through the year and we are well placed to pick up any short-term
shortfall via reserrfes, if this becomes necessary.
Auditors
Messrs Muras Baker Jones Limited have signified their willingness to continue in office as auditors,
and this was agreed at the last audit.
Board of Trustees
Simeon Greene (Co£hair)
Patricia Mary Kemp (Co-chair)
James Fox
Anne Marie Harrison
Gurbax Kaur
Paul Tulley
Dr Josh Johnson
Daryl Chambers
Anna pla￿ (appointed 2210412024)
Lisa Storey (appointed 0410612025)
Dominique Williams (appointed 0410612025)
Pamela Cole-Hudson (resig ned 1810212025)
Janet Clarke Lewis (resigned 1010612024)
CounGillor Jeszemma Howl (city council observer resigned June 2025), to be replaced by
Councillor Tersaim Singh
Disclosure of information to the auditors
We, the trustees I directors of the company who held office at the date of approval of these Financial
Statements as set out above each confirm, so far as we are aware, that:
there is no relevant audit Information of whlch the company's auditors are unaware. and
we have taken all the steps that we ought to have taken as directors In order to make ourselves
aware of any relevant audit infomation and to establish that the companls auditors are aware of
that infomiatlon.
By order of the Board of Trustees
Sharon Nanan-sen
Secretary
1 October 2025
Slmeon Greene
Co£halr
l October 2025
12

INDEPENDENT AUDITOFVS REPORT TO THE TRUSTEES OF WOLVERHAMPTON VOLUNTARY AND
COMMUNITY ACTION for the year ended 31 March 2025
Oplnlon
We have audited the financlal statements of Wolverhampton Voluntary and Community Action (the
'charitable company,) for the year ended 31 March 2025 which comprise a statement of financial activities
(incorporating an Income and expenditure account), a balance sheet and notes to the financial statements,
including a summary of significant accounting policies. The financial reporting framework that has been
applled in their preparation is applicable law and United Kingdom Accounting Standards, including
Flnancial Reporting Standard 102 The Financial Reporting Standanl applioable in the UK and Republic
of I￿land (United Kingdom Generally Accepted Accounting PraGtl￿).
In our opinion the finandal statements:
give a Irue and fair view of the state of the charitable company's affalrs as at 31 March 2025, and of
its incoming reSoUr￿S and application of resources, Including its income and expenditure, for the year
then ended.,
have been properly prepared in accordance with Unlted Kingdom Generalty Accepted Accounting
Practlce., and
have been prepared in accordance with the requlrements of the Charitles Act 2011.
Basls for oplnlon
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)> and
appllcable law. Our responsibilities under those standards are further described In the Auditorfs
responsibilities for the audit of the financial ststements section of our report. We are Independent of the
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 acGordance wtth these requirements. We belleve that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our oplnlon.
Concluslons relatlng to golng concern
In auditing Ihe financial statements, we have concluded that the Irustees, use of the going concem basis
of accounting in Ihe preparation of the financlal statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast significant doubt on the charitsble companls ability
to continue as a going concern for a period of at least twelve months from when the financial statements
are authori5ed for issue.
Our responsibilities and the responsibilities of the trustees with reswcl lo golng concern are described In
the relevant sections of this report.
other Information
The other information comprises the infomiation included in the trustees, annual report, other than the
financial statements and our auditor's report thereon.The trustees are responslble for the other
Infomiation. Our oplnion on the financial statements does not cover the other Information and we do not
express any fomi of assurance conduslon thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information
Is materially inconsistentwith the financlal statements or our knowledge obtained in the course of the audit
or otherwise appears to be materially misstated. If we Identify such material inconsistencies or apparent
material mlsstatements, we are required to detsrmine whether this gives rise to a rnaterial misstatement
in the financial statements themselves. If, based on the work we have performed, we conclude that there
Is a materlal misstatement of Ihis other information, we are required to report that fact.
We have nothing to report In this regard.
13

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF WOLVERHAMPTON VOLUNTARY AND
COMMUNrtY ACTION for the year ended 31 March 2025
Matters on whlch we are required to report by exceptlon
We have nothing to report in respect of the following matters In relation to which the Charitles (Accounts
and Reports) Regulations 2008 require us to report to you If. in our opinion:
the infomiation given in the trustees, report is inconsistent in any material respect with the
financial statements. or
sufficient accountlng records have not been kept, or
the financial statements are not in agreementwith the accounting records" or
we have not re￿IVed all the information and explanations we requlre for our audit.
Responslblllties of trustees
As explained more fully in the trustees, responslbilities statement set out on page 2 the trustees (who are
also the directors of the charitable company for the purp)ses 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 intemal 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.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern. disclosing, as applicable, matters related to going concem and using
the going concern basls of accounting unless the twstees elther intend to liquidate the charitable company
or to cease operations, or have no realistlc altemative but to do so.
Auditor's responslbllities for the audlt of the financlal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan
with the Act and relevant regulations made or having effect thereunder.
Our objectlves are to obtain reasonable assurance sbout whether the financial statements as a whole are
freefrom material misstatement, whetherdue to fraud or error, and to issue an auditor's reportthat 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 rnaterlal misstatement when it exists.
Misstatements can arise from fraud or error and are considered material rf, individually or In the aggregate,
they could reasonably be expected to influence the economic declsions of users tsken on the basis of
these financial statements.
Irregularitses, 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 extent to which our procedures are capable of detecting Irregularities,
Including fraud is detailed below:
In planning and designing our audit tests we identify and assess the risks of material misstatement within
the financial statements, whether due to fraud or error. Our assessment of these risks Includes
consideration of the nature of the Industy and sector, the control environment and the charity performance
along wlth the results of our enquiries of management about their own identification and assessment of
risks and irregularities. In common with all audits under ISAS (UK), we are also required to perfomi specific
procedures to respond to the risk of management override. We also obtained an understanding of the legal
and regulatory frameworks that the charitable company operates in, focusing on provisions of those laws
and regulations that had a direct effect on the determination of rnaterial amounts and disclosures in the
financial statements. The key laws and regulations we considered in this context included the UK
Companles Act, Charities Act, UK tax legislation and other laws and regulations identified as risk areas
identified from our discussions with management.
14

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF WOLVERHAMPTON VOLUNTARY AND
COMMUNITY ACTION for the year ended 31 March 2025
We communicated relevant identified laws and regulations and potential fraud risks to all engagement
team members Including internal specialists, and remained alert to any indications of fraud or non-
compllance with laws and regulalions throughout the audit
After consideration of the above risks we then carried out audit prO￿dureS including the following:
performing analytical prO￿dureS to Identify any unusual or unexpected relalionships that may
Indicate risks of material mlsstatement due lo fraud.,
reading mlnutes of trustees meetings,,
reviewing Corresponden￿ with H M Revenu& & Customs.
enquiring of management and reviewing any Correspondence with legal ad￿Sor8 concernlng actual
and potential litigation and claims.
reviewlng the financial statement disclosures and testing to supporting documentation to assess
compliance with provisions of relevant laws and regulations described as having a direct effect on
the financlal statements;
in addressing the risk of fraud through management override of controls, testing the
appropriateness of Journal entrles and other adjustments; assessing whether the Judgements
made in making accounting estimates are indICa￿Ve of a potential bias. and evaluating the
business rationale of any significant transactions that are unusual or outside the nonnal course of
business.
There are inherent limitstions in our audlt procedures described above. The more removed that the laws
and regulations are from financlal transactions the less likely it is that we would be aware on non-
compliance. Auditing standards also limlt the audit procedures requlred to identify non-compliance with
laws and regulations to enquiry of the trustees and other management and the inspection of regulatory
and legal Gorrespondence, If any. Material misstatements that arise due to fraud can be harder to detect
than those that arise from error as they may involve deliberate concealment or collusion.
A further description of our responslblllties for the audit of the financial statements 18 located on the
Flnancial Reporting Council's webslte at www.fr¢.org.uklauditorsresponsibilities. This description forms
part of our auditorfs report.
Use of our report
This rewrt is made solely to the charitsble company's trustees, as a body. in accordan￿ with Part 4 of
the Charitses (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we
might state to the charitable company's trustees those matters we are required to state lo them in an
auditorfs report and for no other purpose. To the fvllest extent pemiitted by law, we do not accept or
assume responsibility lo anyone otherthan the charitable company and the charitable company's trustees
as a body, for our aLKlIt work, for this repor( or for the opinions we have formed.
Muras Baker Jones Limlted
Chartered Accountants
and Statutory Auditor
Regent House
Bath Avenue
Wolverhampton
WV14EG
1 October 2025
Muras Baker Jones Llmlted is eliglble to act as an auditor in terms of SeGtion 1212 of the Companies Act
2006.
15

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
ststement of Financlal Actlvlties for the year ended 31 March 2025
(Incorporatlng an Income and Expenditure Account)
Unrestrlctsd
Funds
2025
Restrlcted
Funds
2025
Total
Funds
2025
Total
Funds
2024
Note
INCOME
Income from Gharitable actilAties
16.105
1,490,097
1,506,202
1,588,365
Investment Income
12,343
12,343
10.319
TOTAL INCOME
28,448
1,490,097
1,618.545
1,598,684
EXPENDITURE
Charitable ActI￿tIeS
48.627
1,448.409
1,497,036
1.723.849
TOTAL EXPENDITURE
48,627
1.448,409
1,497,036
1,723,849
NEf INCOMEIEXPENDITURE
<20,179)
41.688
21,509
(125.166)
Transfers between fvnds
14
131,454
(131,454)
NET MOVEMENT IN FUNDS
111,275
(89.768)
21,609
(125,165)
Total funds brought foward
450,520
617,528
1,068.048
1,193,213
TOTAL FUNDS at 31 March 2026
561.795
527,762
1,089,657
1.068,048
16

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Balance Sheet as at 31 March 2025
Note
2025
2024
Fixed Assets:
Tangib18 Assets
21,049
Current Assets:
Debtors
DeposltAccounts
Cash at bank snd in hand
154,649
482,253
565.656
1,182,558
123,435
451,475
1,105,563
Credltors:8munts falling due within one year
Net currènt assets
Total nel assets
11
(114,050)
(37.515)
1068 608
Charlty Funds:
C£neral Unrestrict￿ fund
Deslgnated funds
Restricted funds
284,905
276,890
274,998
175,624
617 528
1068 048
1089 557
The Directors are satisfied that the company was entitled to exemption from audit under sectlon 477 of the
Companies Act 2006 relating to small companies. However, an audit is required in accordance with
section s154 of the Charities Act 2011.
Directors, responsibilities.,
1) The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476,.
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and pieparation of the accounts.
The financial statsments were approved by the Board of Trustees and authorlsed for Issue on I
October 2025.
3/
Simeon Greene
Co-chair of Board of Trustees
Pat Kemp
Co-chair of Board of Trustees
Company Number: 2288239
17

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Cash Flow Statement at 31 March 2025
Note
2025
2024
Cash flows from operatiw a¢tfvltlos:
Surplus I (Deficit} for the year
21,5D9
(125,165)
AdJu8tsMents for:
Depreciation of tsngikle assets
Cther interest re￿1veable and slnilar incon
Loss on disposal of asset
3,W7
(12,3431
750
{10.3191
Changes in:
Trade and other debtors
Trade and cther creditors
(31,214)
76,535
57,494
39.930
(10.952)
(105,755)
Cash generated from operations..
Interest recelved
12,343
10,319
Net cash from l (used in) operating acthvitieg
69,837
(95,436)
Cash fflows from Investing activitie5
Payment to acquire tanglble fixad assets
(24,056)
Net Increase l (d￿reaSe) In cash and cash eq￿Valents
Cash arKI cash equiwdlents at beginnlng of year
45,781
982,128
(95,436)
1,077,584
Cash and cash equivalents at the year end
10
1.027,909
982,128
18

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes formlng part of the financlal statements forthe year ended 31 March 2025
I statement of Compliance
The financial slatements have been prepared in compliance with FRS 102, 'The Finanoal Reporting
standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice
applicable to charities preparing their accounts In aCGO[dan￿ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charlties
Act2011.
2 Liability of Members
WVCA is a company limited by guarantee. It does not have a share capital and the liab511ty of each
member is Ilmited to the guarantee glven by that member, which shall not exceed £1. There are no
beneficlal Interests and under the terms of Its Memorandum 8nd Articles of Association any surplus
can only be applied lowards the promotion of WVCA'S objectives, and no dividend or other form of
distribution can be pald to its membets.
3 Accounting Policies
Basls of
re
aration
The financial statements have been prepared under the historical cost convenlon. The financial
statements are prepared in stsrling, which is the functional currency of the entlty. WVCA meets the
definition of a public benefit entity under FRS 102.
sio
One employee is a member ofthe West Midlands Pension Fund (WMPF"). The pension cost charge
in the financial statements represents contributions due to this scheme in respeGt of eamings durlng
the year, which are based on recommendations by the fund actuary.
cos
The disclosures required by FRS 102 have not inclLKled in the financial statements. VWCA is in
a multiemployer defined benefit pension stheme, WMPF, and FRS 102 requires such organisations
to identify their share of the pension scherne's assets and liabilities. However, withln FRS 102 thls is
only to be achieved if "sufficient infonnation. is available to do so. WVCA believes that an actuarial
valuation would not be a reasonable use of public funds, and the dlrectors therefore have decided not
to provide this financial information on the balan￿ sheet in the financial statements. WVCA manages
conlributions to its pension fund in line with the WMPF valuation recommendations, pension costs for
11 of the projects are fully budgeted for, and WVCA receives an actuarial valuatlon on the WKIPF
scheme on a three yearly basis, Issues around risk management of the pension fund are continually
assessed Ihrough work with staff at WMPF, and at Board of Trustees, Meetings.
Ta
ible fixed assets and de
reciation
TangilAe fixed assets are normally Gapitalised where the cost exceeds £1,OIJO, and are Stat￿ at cost
less depreciation. Depreciation is provided on all tanglble fixed assets at rates calculated to write off
the cost, less estimated residual value, of each asset, on a straight line basls over Its expected useful
life, as follows..
Office equipment
Computers
Refurbishment on lease
over 5 years
over 4 years
over time remaining on the premises lease agreement
The accounting for depreciation leads lo a discrepanGy between some financial statements submitted
to funders, and the fund activity shown in the statutory accounts of WVCA. If a project has a funder
which requires that a capital purchase is to be presented as a cash Itern rather than as a capitalised
item, as required by Charity Accounting rules, then a discrepancy emerges between the amount
claimed from the funder, and the fund accounting in the statutory accounts. Where this is the case,
that particular discrepancy is referred to in the Trustees Report.
19

WOLVERHAMPTON VOLUNTARY AND COMMUNrrY ACTION
Notes formlng part of the financial statements forthe year ended 31 March 2025
Accounting Policles (cont.)
Grants
able
Grants payable to local organisations are recognised in the financial statemonts when there is a
commitment to make a payment.
Income
Revenue grants are received from varlous funders- see note 5- in orderto finance WCA'S activities
and are accounted for in the income and expenditure account on an accrual's basis.
Where revenue grants are received which have donor-imposed restrictlons as to the timlng of the
related expenditure, any income received In advance is deferred.
Where revenue grants are received, which do not have donor imposed restrictions as to the timing of
the related expenditure, the income is accounted for when recetved.
Income from grants, where related to performance and specific deliverables, are accounted for as the
charity eams the right to consideration by its performance.
Income from the provlslon of legal, payroll and other core servI￿S are accounted for when eamed.
Donated servi(xs and facilities are included at the value to the charlty, where they can be quantified.
Investment Income is included when receivable.
Ex
Resources expended are recognised in the period in which they are incurred and include attributable
VAT, where it cannot be recovered.
Expenditure on charitable activities consist of costs Incurred in the direct delivery of ser41￿S and the
support costs which are allocated to each of these areas of service provlsion.
erati
leases
Rentals payable under operating leases are charged to the statement of financial activities as incurred,
Fu
d accountin
Unrestricted funds comprise grants and other incomlng resources receivable, or generated for the
objects of the charity, without further specific purpose, and are available as general funds.
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which
meets these criteria is charged to the fund, together with a fair allocation of management and support
costs.
Designated funds are unrestricted funds earmarked by the TNst&s out of unrestricted general funds
for specific putposes or projects.
Goin
Concem
The financlal staternents have been prepared on a going concern basls as the trustees believe that no
material uncertainties exlst. The trustees have considered the level of funds held and the expected
level of Incorne and expenditure for 12 rnonths from authorising these financial statements. The
budgeted income and expenditure Is sufficient with the level of reserves for the charlty to be able to
continue as a going concern.
20

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes forming part of the financlal statements for the year ended 31 March 2025
4 Grants payable
Number
2025
Number
2024
Glts Allowed Partners
742
1,484
25,592
18,fJ)o
12,050
35,855
38,400
5,000
55,745
120.000
55,078
16,292
383.493
HOPE
20
54.540
Heart of England
B REND
9,200
Klngs CoronalJon
KYNF-NPACT
Social Pre8cribiro Partner
st Peier (Pre￿ntative SenAcas)
S.E.B.F - DCMS
WIMar P￿S$￿e$
WP- Ad￿t Hospltsl Dlscharge
147
19
19.616
19,894
19
20,000
123,792
37
226
5 Income from Charitable Activities
UnreBtrlctèd
2025
Ra8trtctèd
2025
Total
2025
Total
2024
BLF joint funded prograinrne
BLF￿)CmS'Ijintf￿ded programma
Clty of Wokferhampton Coul￿11 (CWC)
NHS Black Country
Integrated Care Board {ICB> Via BCT
Knowyour NeIghbourt￿od - KYNF
The Royal Wolv8rhamton NHS Tntst
Unlted by 22
Donalon
Non Grant tr￿0Me
20,000
138,415
174,670
767,879
206,493
81,271
27J52
27.611
200.OCK)
723.988
145.99)
27,6Crf)
62.778
27.611
200.000
723,988
145.990
27.600
62,778
2.121
230
2.121
230
301,900
1,490.097
798
13.984
16.105
315.884
I,S06,202
171.487
1,588,365
' Department for Digitsl, Culture, Medla & Sport
21

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Note5 forniing part of the financial statements for the year ended 31 March 2025
6 Breakdown of Costs of Charitable Activity
Staff
Costs
other
Charttab
Costs
Support
Costs
Total 2025
Total 2024
Core Athilies
Infrastructure Support Incl Trading
37,377
1,703
39,080
37,377
11,250
4S,627
69,141
7,C4)3
76,144
8,285
6,285
3,262
3.2S2
Active Connectors
BBO Bridges
Conmnunity Convorsalions
Girls Allowed
Heart of England
HOPE
Hospital Dlscharge 1
Hospital Discharge 2
Infrdstructurt Support
King Chartes Coronation
LITS
11,070
57
1.983
13,110
41.341
450
37,045
1,418
742
7,500
46,963
742
45,445
3,599
20,000
35,295
42.659
54.540
20,008
8,363
62,903
26,S37
22.089
123,967
6,529
16,933
101.769
4,790
18,150
4,048
113.645
40,855
8,156
4,899
4,899
1,537
MHE - Resen
Orange Wolves
Preventatlve S6rvice8
REND
S.E.B.F- DCMS
Social Pre8Gribing Llnk Wotk8rs
Soclal Pre8cribing-Asthma Progr
STP VCSEF Engagement
Suicide Prsvenlion
SUIT
1,537
779
19,616
8,696
19,694
60.120
153
19.616
B.696
27,611
614,877
153
70.745
12,554
138,415
618,728
3,064
69,452
443
7,917
501,234
53,523
54,771
2,752
130
9.490
67,013
130
230,193
25,398
1,860
8,745
48,068
303.659
1.860
70,861
159,256
379
Talent Match
Volunteer SeTViGes
Volunteer S8rvlce8-KYNF IMPACT
Volunteer Services-KYNF
Winter Pressures Fund
Wolverhompton for Ev¢ryone
Wolverhampton Lottery
WP - AAutt Hospital Distharge
YOW- Children's Workforce
Ypsp
52,475
9,641
65,844
45,890
22,856
55,076
626
26.037
1,863
4.286
32,188
6,539
19,660
450
5,500
TOTAL RESTRICTED
1,050,872
231,743
165,794
1,448,409
1,647,705
TOTAL EXPENDITURE
1057 157
235.005
1 497,036
1723,849
22

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes formlng part of the financlal statements for the year ended 31 March 2025
6a Support Cost Breakdown by activity
2025
2024
Staff costs
Property
orrice
Depreclation
Professional fees
Support Costs
133,439
32,238
26.108
1,469
157,552
67,616
44,456
750
195,011
272,509
Governance costs:
AGM
ALMJit fees
TOTAL COSTS
43
8,280
Basis of allocation of costs:
staff costs: These are Ihe staffing costs associated with work undertaken in the specific projeGt
areas as lisled in note 6. Most staff work wholly in one project area, and their staff costs are allocated
to that projeot. If their time is shared belween projects, then the staff5ng cost is split accordingly. The
staffing cost comprises gross salary plus on costs, including pension costs where ap￿iCable,
other charitable costs: These are costs within the projects, incurred in the pursuance of Ihe aims
and objectives of each project. These costs are specific only to the project which they are allocated
to.
Support Costs: These are costs which are incurred in the running of the organisation. They would
include for example, core staff costs, rent, insuran￿, heat and light, IT SUPFX)rt, repairs and
maintenance, and any other costs whlch are associated with core staff executlng thelr tasks, which
are requlred in order to support all the projects and contracts within the organisation.
These costs are calculated on a budget basls, at the beginning of the financial year, and allocated as
per numbets of fvll-time staff members in each project, or in accordan￿ with grant agreemenl
arrangemenls, Any support costs which are not recovered in the actual year, are seen as an additional
core service support cosL
23

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes formlng part of the financial statements forthe year ended 31 March 2025
7 Net Incomingl{outgoing) resources before transfers
2025
2024
Thls Is stated after charging:
Rentals under OFHating leases
Auditors remuneration
30,945
9.720
3,007
32,145
8,280
750
Depreciation.. owrEd fjxed assets
8 Tangible Fixed Assets
Refurb on
lease
CompLrters
and office
equlpment
Total
31 March 2024
Disposals
AddIti(￿S
31 Wkrch 2025
34,996
(34,996)
24,056
24,0
5,250
(2,250)
40,246
(37,246)
24,056
27,056
3,000
Depreclation:
31 March 2024
Disposals
Charge for the year
31 March 2025
34,996
(34,996)
3,Crf)7
3,007
5,250
(2,250)
40,246
(37,246>
3,007
6,lJ)7
3,1)30
Net book value:
31 hAarch 2024
31 March 2025
21,049
21,049
9 Debtors
2025
2024
Trade Debtors
Prepayments and accrwl income
65,504
89,145
154,649
114,039
9,396
123,435
24

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes forming part of the financial statements for the year ended 31 March 2025
qo Cash and Cash Equlvalents
2025
2024
FurKls on deposit at bank
Cash at bank and in haThJ
462,253
565,656
1,027.909
451,475
530,653
982,128
11 Credltors: amounts falling due within one year
2025
2024
Deferred Income
62,998
26,109
24,943
114,050
Other creditors
26.928
10,587
37,515
Accruals
12 Analysis of Deferred Income
Funder of Deferred Income
art of England
NHS Black County ICB
s.c.v.o
United by 22
7,377
50,000
3,500
2,121
62,998
13 Analysis of Net Assets between Funds
Unre6tricted Deslgnated
ReStrI￿ed
Total 2025
Fixed Assets
10,297
299,908
(25.300)
284,905
10,752
266,004
21,049
1,182,558
(114,050)
1,089,557
Current Assets
Current Liabilities
616,646
(88,750)
527,896
276,756
25

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes forming part of the flnancial statements forthe year ended 31 March 2025
14 Reserves and Reconciliation of Movèment in Funds
31 M#rch
ZOZ4
Transfers
Incomlng
Resources
Outgolng
Resources
31 Ivlarch
2025
Unrestrfcted lund&
General unrestricted fund
Deslgnated fund5 Includlng
operatlon Ilabllltles
274,996
175,524
30.088
10&366
28.448
48.627
284.905
276.890
450 520
131,454
28
48
48,627
561.795
Restrkted funds:
IOOYO Dlgltal
Active Connectors
B80 Brldges
Communlty Convetsatlons
CRF50+
Glrls Allowed
Hope
Hospital Dlscharge I
Hospltal Discharge 2
Inf Support Reserve- Compact
Inf Support Reserve - tralninglquallty
Infrastructure Support
Klng Charles Coronatlon
LITS
Mental Health ReduclnE Isolation
MHE - Reserve
MHE-Small Grants
NDELJ
Orange Wolves
Preventatlve Servl¢eslSt Peters
RENO
SEBF {DCMS)
Soclal Prescrlbln8
Soclal prèscrlblng- Asthma Prog
Social Prescribing- Thrlvlng Communltes
STP VCSEF Engagement
Sulclde Preventlon
suiy
Talent Match
Thlrd Sector P'shlp
TSC Systems Reslllence
Vol Servlces - Space to Connect
Volunteer Centre
Volunteer Servlces-KYNF Impact
Volunteer Servlces-KYN F WEC
Wlnter Pressufes Fund
Wolverha mpton for Everyone
WP- Adult Hospltal Dlscharge
WVCA Communlty Lottery
YOW - Chlldrèns Workforce
Ypsp
8,250
10597
923
2.695
731
748
18.2SOI
2.513
19231
13.110
47,240
45.963
3,972
1731}
{6)
742
62,903
26,537
22,089
19.409
29.340
62,778
19.284
2.803
27.911
SO.O(Ml
I.￿5
15.623
11.9051
115.6231
134.000
123,967
10,033
450
I1￿4
5.542
56,359
2,953
737
533
18.855
7,446
14501
4,899
6,945
{5,542)
154,822}
1,537
2.953
(7371
533
761
I9￿16
8.696
27.611
614R77
153
1.250
27.611
673.987
177,425
2A37
3.762
89.610
170
31,692
27.940
Z36,535
2.284
3.762
120,097
97,500
67,013
130
303,659
1,860
140)
293,501
21.534
126,0801
7.571
[7,571)
6,903
4,110
8,415
432
10,216
IAoo
73,382
70.861
9,424
27.600
31186
,829
1432}
{10.216}
(1,400)
1,248
1.24B
1.005
49.$00
1.005
49.5¢)0
617 $28
1,490 097
1 448 409
5Z7.762
1.518.545
1.497.036
1.089,557
26

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes formlng part of the financial statements forthe year ended 31 Marth 2025
15 Note: Reserves and Reconciliation of Movements In funds - Transfers between funds:
In 2024-25 Ihere were trar￿ferS of funds belween unrestricted and restrlcted funds,.
Balances on community renewal fund over 50s (£731), BBO Brldges (£923} and Adult Hospital
Discharge (£1,400)- these balances arose from core stsff time funded by grant. Thls balance
has therefore been transferred Into unrestricted reserves (£3,054 in total).
A number of small balances on old projects thich have ended, having fulfilled funder
requlrements, have been transferred into unrestrioted reseNes, totalling £33,244:
100/0 Digital {£8,250)
Girls Allowed {£6)
King Charles Coronation (£450)
NDELJIWfE {£10,953)
MH - reducing Isolation (£5,542)
SuicKle Prevention (£40)
TSC Systems Resilien￿ (£7,571)
Winter Pressures (£432)
G8n8ral unrestiicted resewes met the shortfall on the Active Connectors project which ended
in the summer, to the value of £2,513 and the St Peters project to the value of £761
The remalning balance on the deslgnated fund set aside for re-branding has been transferred
back into general unrestrlcted reserves (£645) and the designated fund for closure costs has
been increased by a transfer from general unrestrlcted reserves of £3,581
Some resetves formerfy treated as restricted but with no remaining funder restrictions have
been transferred into designated reserves, to be held for use in line wlth their original purpose:
Infrastwcture support (£17,528)
Mentsl Health Empowerment (£54,822)
Talent Match records storage (£26,080)
Purpose of Funds The information provided below is a brief summary on each fund and how tF
funded acti￿lIeS contiibute to WVCA aims and objectives.
UNRESTRICTED FUNDS
General Unrestrlcted Fund.. This is used to fund some core activlties that are notfullyfunded through
our infrastructure support contract wilh CWC. It is also held to enable activities to contlnue for a period
of time in the event of sudden loss of funding, in line with the Trustees, reserves policy. Movement on
the level of these reserves is dependent on VVVCA'S abllty to recover its core operating costs from
support cosl charges to projects together with earned income and bank interest.
In the year urKler report net earned income totalled £17,198, consisting mainly of bank interest
{£10,278 In 2023-24). The agreed charges to projects fell short of covering support costs by £37,377.
The combination of these would have meant a reduction in general unrestrlcted reserves of £20,179.
Transfers to and from other funds gave a one-off increase to general unreslricted reserves of £30,088,
resulting In a small overall increase of £9,909 to £284,905. This level of reserve would cover
approximately 3 month's continuation costs, compared to the 6 months target set out by the reserves
policy.
Designated Funds: The balance in daslgnated funds is £276,890 This represents..
£1,330 for improving safety withln the organisation for staff and visitors
27

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes forming part of the finandal statements for the year ended 31 March 2025
£177,130 for operational liabilitieslclosure costs
£26,080 for Talent Match records storage and associated costs
£54,822 for Mental Health Empowemient related costs
£17,528 for Infrastructure Support related costs
RESTRICTED FUNDS
Restricted funds represent funding received for speclfic projects and activities in support of WVCA'S
overall objectives.
Infrastructure Support: This service provides a wide range of support to local VCOS including in the
areas of funding, governanGe, safeguarding, policies, GDPR, informalion etc. During the year we
supported many hundreds of organisations and attended dozens of strategic forums across a very
wide range of issues. These activities receive a £134K pa contractfrom Clty of Wolverhampton Council
re-awarded from 1 January 2024 with an increased level of resour￿. Whllst this income covers costs
in 2024-25 It Is unlikdy to do so for much of the remainder of the Gontract as no inflationary inGrease
is included. In previous years the board agreed to subsidise this workfrom unrestricted funds, together
wlth the dosignated reserrfe set out above, and this area is monitored by the Board.
Hospltal Discharge: This project aims to address the needs of patients re￿ntlY discharged or about
to be discharged from hospital in the local communities. The programme has had phases, one
beginning in 2023 and a second tranche from September 2024 to September 2025. The remalnlng
funds are lo be utilised during 2&26 on project activltles.
Preventative Services (St Peters): Funding re￿iVed through the CCG has now been spent in full.
REND: This fund forms part of the Community Conversation Project. The fund was now been spent In
full.
Social Prescrlblng. The project works with °patients" to identrfy alternative approaches to tackling
issues such as low level depression, isolation and frequent GP contact, that can better be tackled by
diversion to activities withln the VCS such as wellbeing sessions, group a¢￿VitieS, exercise etc., rather
than by medical interventions. During the year the project supported in the reglon of 1500 Gustomers
facing loneliness, isolation and mental 111 health. .In the year under report the project was funded
through a combination of PCN (Ne￿orkS of GPS), and the CCG. An in-year surplus of £59,110 arose
from operational savings combined wlth additional income a15ocated towards the end of the year. The
tr)tal surplus of £236,535 will be spent In delivering the wider social PrescribirKJ vislon, including filling
gaps in presGriptions in the years ahead. and in supporting unfunded cost of living increases.
Local Implementation Teams (LITS)
Local Implementation Teams (LITS) have been fomed by the Dudley Health and Care Partnership
Board to improve patient pathways. They wlll consist of a number of GPS, clinicians and other key
partners. The voluntary sector has been invited to be part of each LIT, It is envisaged that they will be
short-temi, task and finish type teams. Local voluntary and community organisations such WVCA to
represent the sector at each LIT. WICA secured thls funding during 2023 with a plan to continue
activities over the next year.
Service User Involvement Project {SUIT): Through a Sv￿contraCt with NACRO this project works
alongslde users and ex-users of drug treatment seniices to support them in Influencing the design and
28

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes forming part of the financial statements for the year ended 31 Marth 2025
delivery of drug treatment seNlces and provldes direct supwrt to servlce users using a model based
on abstinence-based recovery.
STP - Engagement & Partnershipllcs: Funded through the Integrated Care Systern this work is
overseen by WVCA on behalf of the four Black Country CVS organisations. We employ a worker who
delivers Ihis work that commenced in 2020121.
Wolverhampton Volunteers Servlces: The project forms the basis of our volunteering offer and Is
outlined in the Trustees Annual Report under Yolunteers.. The project works with some 250
organisations, providing volunleers and support.
Orange Wolverhampton: This funding was raised in previous years and must be used to support
Orange Wolverhampton, a campaign to raise awareness of Violen￿ Inflicted on Women and Girls.
YOW- Chlldren's. workforce: This fund Is restricted for use in training the chlldren's, workforce in
the City.
Hope: Hope is a partnership bebNeen Royal Wolverhampton NHS Trust (R￿) and Wolverhampton
Voluntary and Communlty Aclion (WVCA) to improve Mental health due to Isolation or other factr)rs.
As part of our work we have established a small grants programme thich will support activities that
will help to reduce isolation arKI loneliness, through grass roots community groups and small
organisations. Th& funding has been used In full In 2024-25 and supplemented by a small contribLrtion
from g6neral reserves.
Young People - Social Prescribing: WVCA were awarded funding to help supporl young refugees
and mlgrants that are currently living in hotels In Wolverhampton. Funding was awarded just prior to
year ending March 2023, with initial plans to Lrtilise during 2023-2024. Cuffently WVCA has reserves
of £49,500 to be utilised in line wilh plans agreed with the funder during 2025-2026.
Actlve Connectors: WVCA were given funding to work with partners in the community to reduce
inactivity, tackle inequality and improve the lives of local residents. Black Country Community
Connectors (Active Connectors) are engaging with local communities and community groups across
12 priority wards across the Black Country to enable people to move more. All remaining reseries
were used during 2024-2025, supported by a small contrfbution from unrestricted reseries,
16 Information regardlng the members of the Board of Trustees
The names of persons who are members of the Board are given in the Report of the Board of
Trustees.
Remuneration: Under the tems of the Memorandum ofAssociation, nelther member ofthe Board
nor any connected person shall receive any remuneration from MICA. Board members are
offered reimbursement for travel expenses. The amounts involved are negligible.
29

WOLVERHAMPTON VOLUNTARY AND COMP4lUNITY ACTION
Notes forming part of the flnandal statements for the year ended 31 Marth 2025
17 Particulars of Employees
The average monthly headcount was 39 (35 in 2024).
The average number of full time equivalent persons employed by WVCA during the yearwas:
2025
2024
General acti)rities
33.1
30.5
The aggregate payroll costs of these persons was as folloMB:
2025
2024
Wages and salarles
Social security costs
Other pension costs
Redundancy costs
PaynEnts to sub-contractors
1,032,965
82,236
40,675
941,967
86,868
48,531
34,720
1,190,596
53,566
1,130,932
2025
2024
Key management retwneration
67,636
101,582
No err¢)loyee's earned benefits (e>Lluding employer pension costs) of more than £60,OIJ).
18 Pensions
One remalning employee of the charlty is a member of the West Midlands Metropolitan Authorities
Pension Fund, which is a multi*mployer scheme. The Fund is fInan￿d by contributions paid by both
employees and the charity, and by eamings received on investments. The scheme is a Defined
Benefits Scheme. It has been closed to new members.
Contributions to the Scheme from the employee are payable at a variable rate according to graded
rates of pensionable pay. The employer contribution rate rose to 24.2 % in 2020121 In response to the
Actuarial Valuation for the scheme and was unchanged in the followlng AGtuarial Valuation which set
rates to March 2026. Also, the charity was not required to make additional Past Service Lump Sum
contributions towards meetlng the shortfall in the scheme during 2023-2026. The next Valuation Is
due to tske place during 2025 with any resultlng additional financial contributions from IWCA to take
effeGt from April 2026.
It is assumed that the Administering Authority will continue to invest a significant proportion of the
assets of the Fund in UK and overseas equities, and that these will pr(Kluce a future investment retum
that exceeds the current yield avallable on bonds,
30

WOLVERHAMPTON VOLUNTARY AND COMMUNITY ACTION
Notes forming part of the financial statements forthe year ended 31 March 2025
A stakeholder scheme was established in January 2016 and Is offered to all employees who are not
members of Ihe West Midland Pension Scheme, sut4ect to pension guidance In terms of eligibllity.
19 Taxation
CA is not liable to tax on any of its income because of Its charitable status.
20 Operatlng Lease Commltments
At 31 March 2025 WrfCA had minimum commitments under non-cancellable operating leases as
follows:
2025
Land and
Bulldlngs
2024
Land and
Buildings
Other
other
Falling due:
Within one year
In one to kn years
In to fi￿ years
5 years
30,945
11,717
11,599
12,457
28,545
1,782
449
A twelve month commitsment is disclosed in respect of land and buildings as WVCA has an option to
terminate this on giving one yearfs noti￿. The landlord can terminate the lease in the event of d8fault
by WVCA.
21 Related Party Transactlons
WKICA receives funding for services provided to NHS Black Country ICB, an organisation of which
Paul Tulley, a trustee of VWCA, is a director. All transactions with this organlsation are at an arms
length basis.
Black Country Together CIC was founded 31 January 2013, by the four Councils for Voluntary
Service in the Black Country each with 250A membership, with the aim of increasing levels of
funding coming Snto our sub-region and fostering greater co-operation and collaboration between
voluntary organisations and local statutory agencies both within and across borough boundaries.
BCT CIC was a company limited by guarantee without share capital until 12 September 2024
when it reglsteied a8 8 Charitable Incorporated Organisation. Sharon Nanan-sen, INVCA CEO,
is a director of BCT along with three other Black Country CVS CEOS. WVCA reGeived ICB funding
for STP VCSEF Engagement, Community Conversations and REND grants programmes through
BCT.
There are no other related party transactions to disclose.
31