2024-03-31-accounts

REGISTERED COMPANY NUMBER: 02436644 (England and Wales) REGISTERED CHAIUTY I¥UMBER: 702589 REPORT OF THE UST iIDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR TELFORD AND WREKIN COUN SERVIC R VOLUNTARY D.R.E. & Co. (Audit) Lsmited 7 Lower Brook Street 05westry Shtopshir¢ SYII 2HG

ELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE CONTENTS OF THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Reference and Admin&stratlve Details Report of the Tr￿￿tees Report of the Independent AudÉtor6 10 to 13 StatenRnt of Financi81 Aetlvltles 14 Balance Sheet IS to 16 C&sh Flow Stattment 17 Notes to the C￿h Flow Statement 18 Notes to the Financial Statements 19 to 37 Detailed Statement of Financial Aetlvllles 38 to 39

TELFORD AND WREKIN COUNCtL FOR VOLUNfARY SERVICE REFERENCE AtID ADMllNISTRA TIVE DETAtLS FOR THE YEA ED 31 MARCH 2024 TRUSIEFS J C Francffts (re$igtLed 3.7.241 V Brissett M J Frater (resi￿ed 20.9.231 R A C Roman (resigned 4.7.24) Cllr P Wailing (resigned 8.5.241 J S￿ilh (wigned 22.5.23) P M Masteman (resigned 28.8.24) R Reza (appointed 28.3.24} J Rys lappoinled 28.3.24) (resÉgned 12.9.241 S M Roberts (appointed 28,3.241 (resigned 4.7.241 T W S Houli (aptK)inted 28.3.24) T Gee (appointed 11.9,24) G mo￿oW (appointed I1.9.241 Cl]r K Middleton (Jpwinted 11.9.24} REGISTERED OFFICE Suites 12 & 15 Hazkdin¢ House Central Sqwa Telford Shtripslure TF3 4JL RBGtSTERED COMPANY NUMBER (Y24366tH (England and Wales) REGIb'lLI RED CHARITY NUMBER 702589 UDrroRS D.R.E. & Co. (Audit) Limited 7 LoweE Brook Street Oswestry Shropshire SYII 2HG Page I

Telford and Wrekin CVS Report of the Trustees 2023-2024 ry5 FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also directors of the eharlty for the purposes of the Companies Act 2006, present their report with the financial stalements of the charity for the year ended 31 March 2024. The trustees have adopted the provtsions of A¢counting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Structure, governance and management Constitution The charity is registered as a charilable company limited by guarantee and was set up by a Memorandum of Association, which established the objects and powers of the charitable company. and is governed under Ils Articles of Association. The PTinciple object of the charity is-_ To promote any charitable purposes for the benefit of the public, principally but not ex¢lusive5y in the local govemment area of Telford and Wrekin and its environs To promote and organise co-operation in the achievement of the above services and to that end to facilitate co-operalion and partnership working between third sector, statutory and other relevant bodies in the achievement of the above purposes within the aTea of benefil. To provide health and social care services to children and adults living within Telford and Wrekin and surrounding areas To provide preventative solutions lo families to enable them to have a better life To provide information, advi￿ and guidarÈce, including signposting to prevent escalation of needs b. Method of appointment or election of Trustees The management of the charity is the responsibility of the Trustees who are elected, nominated or co- opted under the tems of the Memorandum and Article of Associalion. The charity Trustees are also Directors of the company. Policies adopted for the inductlon and training of Trustees Following interview new Trustees receive an induction which includes being given the NCVO publication, The Good Trustee Guide, Charity Commission guidance- CC3'The Essential Trustee,. the Memorandum & Articles of Association and Strategic Plan. In addition, new Trustees are invited to meet wth managers and staff in order to develop an understanding of the work of the charity. PaBe 2

d. Organisational structure and decision making The Ex8CUtive Board consists of all of the Trustees and meets 4 limes per year for ordinary Board meetings. Additional meetings are held as required. A chair and vice chair are appointed by the Trustees. All members of the Board give their time volunlarily and receive no benefits from the Charity. Any incidental expenses incurred in attending meetings are reimbursed if requested. In addition, there a￿ two committees - Finance & Management and Human Resources - which meet 4 times a year respectively. EaGh committee operates under terms of reference with delegated powers from the Board, is chaired by a member of the Board and reports back to the Board. Day to day operational decislons are made by the Chief Executive Officer, who reports to Trustees at each Board meeting. Risk management The Trustees have assessed the major rssks to which the charity is exposed, in particular in relation to the operations and finances of the charity and are satisfied that systems and procedures are in place to mitigate exposure to major risks. Work is ongoing to review and document the risks and controls in place. Objectives and actlvlties a. Policies and objectives Our charity's mission is lo support, connect and give a voice to local people (children and adults) affected by health, social and economic disadvantage Our wsion is for Telford & Wrekin to be a place where everyone. despite inequalities, has thepotential to lead a fulfilling life. In setting objectives and planning for activities in support of the charity's objects and mlssion the Trustees have given consideration to public benefit guidance published by the Charily Commission. b. Strategies for achieving objectives The charity strategic alms lo deliver professional ser￿￿5 to our ¢ommunty that meet the changing needs ofour benefiGiaries. We will do this by focusing on: l. Connecting within TCVS and with other organisations to find solutions that best meetpeople's complèx needs 2. Identifying local unmet needs, tsking positive action with partners to fill those gaps 3, Seeking opportunities to maximise our charitable income to grow the impact we canmake on lives of our beneficiaries Activities for achievlng objectives The charity continued to achieve ils, current objectives during 2023-2024 through the provision of a range of services to local children and adults - including support for Adult Carers, Young Carers, Information, Advice and Support to parentslcarers and children with special educational needs, support for people with autism and a new funding stream from the Inclusive CommLsnities Fund lo expand the delivery in the Café overthe coming monlhs. Page 3

Working alongside Charity Partner Telford Centre the chartty premises provide a physical 'front door, to all services. All teams work out within the community supporting people in their neighbourhoods. Peer support groups and aGtivities have grown during the year reaching both children and adults in a way they did pre COVID. Referr8ls into the services have increased each quarter and familles have an increased multiple need. The charity continues to collaborate with the council on the delivery of the Independent Living Centre. Foot fall has increased and cross referrals from and into the ILC continues to grow. The team are regularly onsite ensuring people coming through the additional 'fronl door. get information relevant and a whole family response. The charity has continued to work alongside businesses and Corporate partners benèfiting from just under £16,000 in donations for the year. They commit all donations to making signrficant changes to people. The income is added value to other funding and enables extracurricular activity for increased wellbeing for the families. The Executive Board. under the leadership of the Chair is diverse and innovative, providlng challenge and ideas for the now and the fLrture. Sustainability in a moving larEdscape is important as the charity seltles following the turbulence of the pandemic. Volunteer5 The ¢har¢ty actively supports volunteering and values the conliibutions made, particularly but not only in direcl Servi￿ provision to our service users. The charity volunteer programme was awarded The Queens Award for Voluntary Service 2016. Page 4

All Age Carers: Adult Carers 18+ 2022￿023 202312024 Informat5on, adwce and supw)rl lor aduli carers, look after a friend or lamlly mernber %gho has physical (>r mental ill healih or a dlsabllity. Aclive Roll Wellbe5ng Checkpoint trlaqe * Info ènd Advfce Attendance at artlvlty grouplworkshop 5UPPOrt Inten5fve support Inward Rèferrals 3547 525 148 23 178 3258 247 217 91 247 All Age Carers:Young Carers 5-17 2022/2023 202312024 Inf4)miation, advice a support for young carer5 5- 17, and their familie5 who look alier a family member vtho has physical or mental ill health or a d￿abIlIty. Atllvè Roll Referrals 1-1 Support Assessments Attenrfan￿ at activity grouplworkshop support Indiwdual Engagement across all support 701 104 iio iio 811 139 iio 37 439 89 All Age Carers:Young Adult Carers 16-25 2022/2023 202312024 155 152 44 44 Informatith, athce and supwrt acr055 Aduli and Young Carers projects lor earers 16-25, Specifically meetlng the needs of this age group In the areas ol lelsure, educallon and empioytnent. Active Roll 116-17 years Actlve Roll118-25 years Telford and Wrekin SENDIASS 2022/2023 202312024 Supportlng parenls, children and yuung people vrirh a special educational need or Referrals Active Caseloads Work5hoplCoffee Momlng$ Infonna¢ion Se5s10Th5 121 Face to Face Icommunlty Evenis)- Numbers wke 100:: Profe531onal Llafson c&Yp 361 202 110 46 31 82 59 406 171 270 36 394 66 46 education, health afio sttiai care. Telford Adult's Autism Hub 2022/2023 202312024 Phone calls received Support Sesslons Communl¢y Peer Support Sesslon5 Newsletter ￿LI￿lent% Aulism Assessment and Supperl Referrals Dr4p In Sesslon Atten¢Jance 3162 Unknown 63. 4Y3 2781 Aug-M8r." 132 38 First ¢￿Ir￿t of contact far adult a55e55mÉnts. social opportunitie5, IAG, 1-1 suwort, Aulism Champlon tr3ETring, Group actiwlie5. 464 253 684 Page 5

Telford Children's Autism Hub 2022/2023 202312024 Launched in Jansjary 2021 5upport1ng chli dren and young people ￿18, and Ihetr fam￿leS, who have a diagnosis of autisrn. Sharing wsitive experlences through a Ydriety of support. Actlve roll Refe￿al$ Number of Workshops Attendance Wellbelng groups 638 192 91 583 77 229 128 77 In collaboration with AgeUK (shropshi￿ and Telford and Wrekinl be5ng First Point of Contact on all health and social care enquirie5 throughout the borough. Wellbe7ng Independence Partnership (WIP) Information and Advice Line 202212023 202312024 Number of calls Calls Re505¥e TransfeTrad to Family Conne¢t 4254 2800 1454 2686 1640 A selection of virtual and face-to-face group activities . Adult Carers: Walks. Wellbeing Support Groups,. Male Carer5 Groups,. Wellbeing Wrekin and Surround5' SketChinglPhotogra￿yjWlldIifelWdtkS. Young Carers: Youth Club. Scouts Fun Day) Youth Club, Sports Coach, Leo Loco Circus Skills, Music Workshops, Christmas Enrichment, Sch'ool Holiday Activities, Healthy Ileals Provided SENDIASS: Shout Out for SEND Groups,. Creative Arts Sessions,. Wellbeing Sessions.; Steering Groupmeetings Autism Hub: Autism Hub, Drop-ln Suppjrt Groups. Hosted Support Webinars, Autism West Midlandsworkshop, Autism Champion Training Children's Autism Hub: Coffee and Chat Sessions. Primary Age Family Sessions. DUGOUT Youth Group. Autism West Mldlands Workshop Wellbelng Cafe: Providing 72 free Christmas Baps,. Volunteer recrultment of adult5 Wlth a learning disability - their training, support and help into employment, Pop Up Pantry Initiative started A selection of recent feedback across projects absolutely loved Youth Club- he keèps asking when he can go again. Iyoune Carers) Fanl3stic se￿}Ce and such lovely people" ISENDIASSI I feel Supported and listened to. ISENDIA551 "It helps me hawng people to talk to, I feel less isolated. ISENDIASS SOS Groupl'l'm leaming new skills" Iwellbeing Cafe Volunteer) 'We think it's ab50lutely atnazing was IASS do and the SOS Group is wonderful. It's been amazing to see my child be part ofsomelhing and taken for who She is" ISENDIASSI "Thankyou- I￿e corne away from the phone call feellng more p051tive and confident that I'm able to change my lifestyle and to achieve what I'm aiming forf. (Telford Autlsm Hub) "The best part of the session, for myself and my child was meeting other people. (Telford Chlldren'5 Autlsm Hub) "Thank you for taking the lime to listen to rne and helping me in what direction to go. (Telford Children's Autism Hub) "Thank YOL& for the invaluable information- (Telford Chlldren'5 Autlsm Hub) "Remaikably professional, frlendly and knovAedgeable about the activities available. IWIP Line) "Really irnpre55ed with Ihe lady I spoke to. She was kind and understanding" IWP Llnel "Best breakfast anywhere- everyone is so caring" (Wellbeing Cafe Customer) 'Masslvely helps vrith my mental health and overall wellbeing" (Wellbeing Cafe Volunteer) 'It% nice to talk to sorneane about phone problems you may have and have constructive conversations with other5. (Adult Carers) WIP LINE external Customer Sat15faction Survey- achleved 'Outstanding' Page 6

Investment policy and performance The charity has two permanent er)dowment funds, one established by the former Telford Development Corporation (TDC), and the Grassroots endowment established through a government matGh funding programme. In the year to 31 March 2024 the value ofthe TDC endowment fund rose £16,917 (14.16/1 to £136,376. Dividend income of £28.064 was received in Ihe year and was expended on overhead costs. The Grassroots endowment lund remains consistent at £133,345. Flnanclal review Reserves pollcy The charity's policy is that reseNes are to be mainlained at a level that.. Ensures responsibilities to staff, beneficiaries, and partners Can be met. Protects the continuity of core work. Enables unexpected opportunities and growth. Covers risks such as unforoseen expenditure or unanticipated loss of income. Provides transparency to funders and other stakeholders. Meets the Trustees, duty to apply financial resources towards the charity's objectives. The charity will do this by maintaining a designated reSe￿e (the Employment Reserve) set at a level sufficient to meet three months projected staff costs. This reserve has been redured to £102,493. This reserves policy will be monitored by the Trustee Board annually. b. Principal funding The principal sources of funding for the year to 31 March 2024 were as follows.. Telford & Wrekin Council NHS Shropshire, Telford and Wrekin Inclusive Communities Fund Lottery Award c. Material investments poll¢y To optimise the charity's income and minlmise the impact of inflation, the trustees have the power to deposit or irnvesl funds in any manner. Investments in a public markel must.. Be managed by an external Inveslmenl Management Company. Be only where appropriate, given the charity's liquidity requirements and overall financlal position. Be set at a risk level that has been agreed by the Board of Trustees. The charity needs to produce the best financial retum within an acceptable level of risk the Trustees seek to achieve long-term real returns such that the capital value of the portfolio increases at least in line with inflation (measured by CPI) as well as producing income that can be dfftwn upon when necessary to support the Charity with their charitable activities. In addition, the Trustees seek to achieve long-term real returns such that the capital value of the portfolio increases at least in line with inflation, after taking the sums required each year. Th8 Trustees understand that in order to mitigate inflation risk, this is likely to mean that illvestment will partly be in real assets. such as equities and that in the short-term the capital value will fluctuate. The Trustees are able to tolerate volatility of the Gapital value as long as the charity is able to meet its grant making commitments Ihrough accumulated income or liquid spendable capital assets. P&gE 7

The ch3rity'8 assets can be invested widely and should be diversified by asset class, geographical spread, unit and investment trust investment manager and by sector and security. Asset classes that the Trustees consider could be included within the portrolio are cash, gilts, corporate bonds, equitles, property, struclL¢red products, private equity, commodities and any other asset that is deemed suitable for the charity. Access lo these asset classes could be achieved directly or via collective investment vehicles such as unit or investment trusts. The Trustees seek to agree a suitable assel allocation strategy with the investment managers. which is set with the airll to achieve the overall charity's investment objectives outlined above. This stralegy would reflect the RBC Brewin Dolphin Risk Category 5., with the objective of obtaining a balance between income and capital growth to achieve the best overall return. RBC Brewn Dolphill's Risk Category 5 is described as Low to Moderate Investment Risk as outlined in their'Guide to our risk categories for charities,. The base currency of the charity's operations and liabilrties is pounds sterling and therefore the majority of the investment portfolio should be based in sterling. Investments may be made in non-sterling assets but should not exceed more that half of the total investment portfollo unless Brewin Dolphin considers that diversification away from sterling is in the best interests of the charity. Where hedging is used by unit and investment trust managers and the price of the asset is based in sterling, this will be considered a sterling based asset. The trustees continue to appainl RBC Brewin Dolphin to manage their investments and the portfolio was reviewed within the year. Trustees may also choose to deposit funds into deposit accounts or fixed income savings products, these must be subject to.. The deposit or savings products should be covered by the Financial Services Compensation Scheme (FSCS). The agreed value of the deposit should not exceed the FSCS compensation limit of £85,000. The Executive Board may approve a deposrt above £85,000 after assessing the risk from sums not being covered against the potential return. Any deposits should be only where appropriate, given the charitvs liquidity requirernenls and overall financial position. The fixed term or duration of any deposit up to Iwo years can be agreed by the F&M Committee. Any term above two years must be authorised by the Executive Board. Any early lermination cOnsequen￿S must be communicated to the F&M Committee. All investments should be made after considering any ethical issues which Could conflict with the charity's purpose or cause repLttational risk. This investments policy, alongside the performance of investments, will be monitored by the Trustee Board annually. Plans for the future The charity are discusslng, planning and modelling their Strategy for the next few years. The work will include the full staff team, key stakeholders and wider partners and people who use their Se￿iCe8. Lookiw furward to the opportunities ahead of th￿ over the next 12-15 months. they will.. Transition the DCEO into CEO post keeping staff. trustees and stakeholders informed and confident in the leadership of TWCVS. Continue to meet targets within existing contracts Preparing to be tender ready for when some of our contracts expire (All Age Carers l Autism Hubs) Facilitate an offer within the All Age Carers C8ntre which responds to the need of Unpaid Family Carers Page

Launch a Pre Diagnosis offer in the Children's Aulism Hub which aligns with TWCVS aspiration to deliver services which benefit Hard to Reach Communities. Focus on building a sustainable model al Wellbeing - Madeley Community Café to increase our involvement within the community and income stream. Working lowards a TWCVS approach to presence in community locations Such as the ILC Recognising the challenge for recruiting Board Members therefore strengthening the current Board to remain resilient and increase retention on the TWCVS Executive Board. Develop and maintain relationships with organisations who TWGVS collaborate with lo ensure best outcomes for our beneficiaries. Work with the NHS Shropshire, Telford and Wrekin and MPFT and Telford Council lo support families. Ensu￿ learning from and take account of the voices of people who use our services. Work on Staff Engagement which supports, Inspirts and involves colleagues. Exploring opportunities to promote Wellbeing, Progression and Collaboration. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Telford and Wrekin Council for Voluntary Service for the purposes of company law) ?re responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom AGGounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the trustees to prepare fi'nancial statements for each financial year which give a tiue 2nd fair view of the stale of affairs of the charitable ¢OTnpany and of the incoming resources and application of resources, inc5uding the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to.. select suilable accounting policies and then apply them consistenlly-, observe the methods and principles in the Charity SORP- make judgements and estimates that are reasonable arEd prudent., and prepare the financial stalemenls on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that disc105e with reasonable accuracy at any lime the financial position of the ch8ritable company alld to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit information of which the company's auditors are unaware., and the trustees have taken all the steps that they ought to have taken to make themselves aware of any relevant audit information and lo establish that the oomp8ny's auditors ale aware of that information. AUDITORS The auditors, D.R.E. & Co. {Audlt) Limited, will be proposed for re-appointment al the forthcoming Annual General Meeting. Approved by order of the board of trustees on 26 September 2024 and signed on its behalf by.. V Brissett- Trustee Page 9

REPORT OF THF. INDEPENDETrrr AUDITORS TO THE TRUSTEES OF TF,E,FORD AND WREKIN COUNCIL FOR VOI.IJNTARY SERVICE Opinio We have Rudited the finan¢io1 statements of Telford and Wrekill Council for Voluntary S¢ryice {Éhe'Gharitable eompany,) for the year end¢d 31 March 2024 which Comprise the Statement of Finan¢ial Activiti¢4 the BaIance Sheet, the Cash Flow Statement and notes 0 the fillancial Statements. including a SUTnmary of signifi¢anL accoutkting policies. The rinancÉal Kporting framework that has been applied in their preparation is applicable law and United Kin8dom A¢¢ouDting Standards (United Kittgdom Generally Accepted A¢couE)ting Pra¢tic¢l. In our opinion the financial statemertts.. give a tm¢ and fair view of the ste of the chaTitable company's affairs a5 at 31 Ma￿h 2024 atkd of its incomis)g resources and application of i¢sources, including it5 income al￿ experLditur¢, for the year lhe￿ ended. have been properly prepaT¢d in accordance with United Kingdom Generally Accepted A¢couDling PiaGtice' and hay¢ been prcpared in accordanc¢ with the requirements of the Companies Act 2006. B#sis for opinio We conducted our audit in a¢cardance with Int¢rnational Stattdards on Auditing (UK) IISAS (UK)) and applicable law. Our respon5ibili¢ies undcr thos¢ standards are fijrthcr described in the AuditQTS' responsibilities for the audit of th¢ fin&Trcial statements sectloll of our report. We are independent of the charitable company Èn ic¢ordancE with the ethical requirem¢nts that &re relevant to our audit ofthe finan¢ial 8tatemrDls in the UK. including the FRC.'s Ethkcal Stgndard, and ￿ have ￿[fi]I¢d our other ethical responsibilitie5 iTh accordallc¢ with these rquirem¢nts. We believe that thr audit evidence w¢ have obtained is sufficient and appropiiate to provide a basiq for our opinion. C0￿cluSionS relatÉng to golll% coneerll In auditing the finan¢ial statemeThts, wc have concluded th&t the trustees, use of the going concem basis of acGounlin8 iti the pr¢paration of th¢ financia] statem¢Dts is appropriat¢. Based on the work w¢ h8ve p¢rfonned. we have llot identified ally tnaterial uncertainties relating to events or conditiuns that. ithdividually or colletilively, tnay cast sigllificant drjllbt on ihe ¢haritable cotllP8ny's ability to vry)ntinue a5 a going Concern for a periad of at least twelve mollth5 from when the financial statements are autlLori$ed for i5SUe. Our r¢sponsibiliti¢5 #nd the responsibilities of the trustees wEth respect to going concern ar¢ descri￿d in the relevant sections of ¢his report. Other Énfortn#tlon The tru5tets aTe responsible for the otheT information. Th¢ other information wmprises ihe information in¢luded in the Aniiual Report. other than the financial statcments and our Report of the Ind¢pvndent Auditors thereon. OUT opinion on the financial staternents does not cover the other infonDation and, BX¢¢Pt tothe ¢xt¢ntatberwisc explicitly stated iN our report, we do not Express any forrn of assurance conrlusioD thereon. In conThectLOn Wlth our audit of the finanGial statements. our responsibility 15 to read th¢ other informati(NJ and, itk doing $0, COllsÉdcr whether the othEr information is materially inconsistent with the financial statements or our knowledge oblain¢d in the audit or otherwise appears to bE materially mi55tated. If we identify such rnaterial inconsistencies or apparent material misstatements, we are requ￿ed to delermine whether this givt5 rise to a material misstatement in the financial statements themselves. If. bdsed on the work we havr p¢rfortned. we concludc that there is a rnaterial misstatetn¢nt of this other informatloll. we are required to report th*t fact. We hav¢ nothing to report in this regard. Matter5 on which )ve Ar¢ required to report by except5on We have nothing to report in respect of the followng matters wherc the Charities (Accounts and Reports) Regulations 2Q08 requires us to report to you if, in our opinion.. the infortnation given ill the Report of the Trustees is inconsistent in ony material respect the financial statements., or the charÉtable compally h&s not kept ad¢quat¢ accouttting records; or the finallcial statements not in ag￿ement with the accounting record5 and returns., or we have not re¢eived &ll the inform8tion and exp12nation5 we req￿lre for our audit. Page 10

REPORT OF THF. INDEPENDENT AUDITORS TO THE TRUSTEES OF TF.I.FORD AND WREKItY COUNCIL FOR VOLUNTARY SERVICE RÈsponsRbilitits of trustees As explained mor¢ fully the Slatement of Truste¢s' Responsibtlities, the trustees (who are also the dire¢tors of the charit&ble company for the purposes of company law) are re5ponssble ftsr ihe preparation of the ffftall¢ial statements and for being satisfied that they gÈv¢ a trlle and fair view, and for such int¢mal ￿ntrOl as the trustees detemin¢ is necessary to ¢nable the preparation of financial statetnent5 that are free from material misslatemenl. whether due to fraud or em)r. In preparing the finatjcial 5tat¢m¢nts, thetrUSte¢s are responsible for assessingthe Gharitable company's abtlity to continu¢ a5 a goiTag con￿D, dis¢losin& as applicable, matters related to going coTrcem and using the going concern basis of ounting uttl¢ss the trustees ¢ith¢r intend to liquidate the charilable ¢ompaDy or to ¢¢ase operatioTrs. or have no r¢alisti¢ alternative but to do so. Pagell

REPORT OF ThF INDEPENDENT AUDITORS TO THE TRUSTEES OF LFORD AND WREKIN COUNCIL VUR VOT.IJNTARY SERVICE Our re5pottsibilitie5 for the audSt of the fillan¢lg1 stAterneDt8 We have be¢n appointed as allditors under Section 144 of th¢ Charities Act 2011 and report in accordn￿ with th¢ Act and releYdn( regulations m&d¢ or having ¢ffect thereunder. Our objectives to obtain reasonable a55uran¢e about whetherth¢ financial statetnents as a whole are free from material misstatement. whether due to fraud or ¢rror, aThd to issue a Report of the Independent A ￿dItorS that tncludes our opinion. Re&sonable assurance is & high level of assurdnc4 b￿t is not a guar2lltec that an audit conducted in accordance with ISAS {UK} will always detect a tnaterial misstat¢ment wheTr it exists. Misst¢ments can ari5c from fraud or error artd are I¥)￿Idered material if, individually or in the aggregate. they could reasonably be ¢xpeeted to influence the economi decisiotas of users taken oll thE basis of these finanetal statem¢nt& The extent to which our procedures rApable of dete¢tsng i￿c8￿laTitIes, in¢ludin8 fraud is detailed below. - th¢ ¢ng&g¢ment partner ¢osured that the eng&gement ttatn collectively had the appropriate cotnp¢ten¢e, capabilities and skills to id¢tttify or recogllise non-¢ompliance with applicable laws and regulations. we ideDtified the laws and regulations &ppliG#ble to the company through di5cussiolls with directors and other manag¢ment, a￿d from our commcrcial knowledge &nd experience of the care and support Sector. we focused on specifiG laws and regulatiolls which we coD%idercd may have a direct material eff¢¢t on the finanL121 statements ihe op¢ratiot15 Ot th¢ eompally, including the Companies Act2006, Charity SORP {FRS102), employment, environmental and hvalth and safety legislation.. we assessed the extent of complian¢e with the laws and regulations identified above through making enquirie5 of maftagemellt. and identified laws and rtgulations were cotnmurticated within the 84udit teatn regularly the team remained a]£rt to instances of non-¢omplian¢e throughout the audit. We asscssed the susceptibility of the ¢ompally's finartcial st&temet%ts to material mis5tatemen¢, includsng obtaitti¥JE a understanding of how fraud tnight VLcur, by.. making ertquiries of Tnatlagement a5 to their knowledge of actual, suspected and alleged fraud. and To addre55 th¢ risk of fraud through manage¥tLent bias and override of tontrols, WC: . performed analytical procedures to identify any unusuAI or unexpECted relationships. - tested journal entries to identify unusual iransa¢tions.' investigated th¢ rationale khind si8nkficant or unusual transactions. In reswnse to the risk of irregularit5es attd non-¢omplian¢e with law5 and r¢8ulations. we designed PFo¢edures which includ¢d, but were not limited to.. - agreeing finallcial statement disclosures to underlying supporting documentation. readill8 the mÉnutes of meetings of those chargd with governance. enquiring of managetnent as to actual And potelltial Iltigation oE)d claims.. There are inherent lirnitations in our audit ptt)¢edures described aboye. The mOTe removed that laws and regulations are from finanGial tiansactiolls. th¢ less likely it is that we would b¢coEnt aware of non.compliance. Auditing standards also limit the audit procedures required to identify thQn-IX)mpl£ance with laws ayjd regulations to enquiry of the directors and other marMg6m¢nt and the inspeGtioll of regulatory and legal correspDnden¢e, if any. Material misstatetnents that arise due tD fraud can be harder to detect thart those that arise from error as they may involve deliberate concealmcnt or ¢ollustoTr. Page 12

REPORT OF THE INDEYENDENT AUDITORS TLLTr'ORD ATrID WRE OUNCIL FOR VOLUNTARY SERVICE STEBS OF A fiErther descriptÉon of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.fi'¢.org.uklauditorsresponsibÉlitlC5. This description formspart ofourReportof the Independent AuditoK. Use of our report This re￿rt is made solely to the GhaThtable companls trustees, as a Ix)dy. in a¢¢ordallce with Part 4 of the Charities {Account5 and Reports) Regulations 2008. Our audit work has been undertaken so that w¢ might state to the ¢haritable company's tn]ste¢5 those matters we are requi¥ed to 5tat¢ to them in 8n auditors, report atml for no other pury)ose. To th fiLllest exEent permÉtted by law, w¢ do no¢ accept or assume r¢swnsibility to anyone other than the charitable company and th¢ ¢haritsble compaThy's trustees as a body, for our audit work, for this report, or for the opinEI)ns we have formed. D.R.E. & Co. (Audit) LimÉted Eligible to act &s an auditor in ternis of Section 1212 of the Companies A¢t 2006 7 Lower Brook Street Oswestry Shropshir¢ SYI12HG DatE: 26 Sept¢mb¢r 2024 Page13

LFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE STATEMENT OF FINANCIAL ACTlVtT FOR THE YEAR ENDED 31 H 2024 31.324 TotAI funds 31.3.23 Total funds Unrestricted nds RestriGted fU[￿S Endowment fuijds Notes INCOME AiYD ENDOWMENTS FROM Contract income 121 J70 693.803 815,173 979,238 Fundraising activiÉÉ¢s JDvcstm¢Tht i￿Ome Other illcome 7,406 19,204 10,320 4,492 3,472 17,726 29,027 27,597 27,584 800 Sa31 Totsl 149 222 712 087 5J31 866 640 1,035,219 EXPENDITURE O Raising ￿ttds 4,447 1,095 1,300 6,842 6,805 Charitable &ctivitie3 Voluntary services 189 691 766 675 1,004,495 Totgl 194 138 767 770 ￿00 963208 I,Qll,300 N¢t gainsl{105ses) ort investfft6nts 44.084 67,822 63.652 IIYCOMEI(EXPENDITURE) Transfers betsyeell funds (832) (44,831) 16,917 (28.746) (39,733) 19 Net movement funds 5,249 (50,912) 16,917 (28,746) {39,733) RECONCILIATION OF FUNDS Total futlds brought forward 343,782 580.961 252.804 1,177,S47 1,217.280 TOTAL FUNDS CARRIED FORWARD 349,031 530,049 1 148 801 1 177547 The notes form part of these financial statemcnts Page 14

TELFORD AP4D WREKIN COUNCIL FOR VOLUNTARY SERVICE BALANCE SHEET 31 MAR 31.324 Total fulld5 31.3.23 Total nds Unrestri¢t¢d futhds Restricted funds Endowtnent fu￿d5 Notes FIXED ASSETS Tangible assets Investm¢Dt5 14 Is 13,625 662 937 3,026 16,651 1019 904 22,143 327 127 676,562 32,866 327,127 1,036,555 945,011 CURRENT ASSETS Dcbtors Cash at bank and in haTrd 16 19,969 195W69) 356 496 827 423 57,829 20,748 243.029 39,812 301,730 (176,000) 497,183 157,406) 263,777 341,542 CREDITORS Amounts falling due within one year 17 (149,059) (149,059) (103,713) NET CURRENT ASSETS 25,059 497 183 114 718 237,829 TOTAL ASSLTS LESS CUIUUI,NT I,IABILITIKS 3SI.503 530,049 269,721 1,151,273 1,181840 PENSION LIABtLITY 20 (2,472) (1472) 15,293) ET ASSETS 349,031 269 721 1148JJOI 1,177,547 FINNDS Ullrestricted funds R¢3tricted fundb. Endowment funds 19 349.031 530,049 269.nI 343,782 580.961 252,804 TOTAL FUNDS 1148.801 1,177.547 The ¢haritable cornpany is cntitled to exemption from audit under S¢ction 477 of ihe CoEnpani¢5 Act 2006 for the year ettded 31 March 2024. Th¢ members have llot deposited notice, pursuant to SectÉon 476 of the Companies A¢1 2006 requiring an audit of ¢h¢se finalleial statements. The tru8tees aGknowledge their responsibilities for ensurillg that the charitable cotnpany keep5 accounting records that ¢omply with Sections 386 and 387 of ttL¢ Companies A¢t 2006 and preparing financial statements which give a true aiid fair view of the state of rlffairs of the charitable ¢ompany as at the end of cach financial year and Df its surplus or defi¢it for each financial year in accordance with the quirem¢nts of SecÉion5 394 and 395 and whi¢h otherwisr comply with the requirements of the Compatties A¢t 2006 r¢latsng to fin&ncial ststement5, so far as app]i￿ble to the ¢h&ritable company. Ibl These finallcial stakments have been audited under the r¢quirements of SeGtion 145 of the Charities Act 2011. The hotes forni part of these financial statements Page 15 continued...

TEI.FORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE BALANCE SHEET- eontinlled 31 MARCH 2024 These finatscial statements h8Ye been prepared in accordance with the provisions applicable ¢0 charitable companies subject to th¢ small companies regime. The financial statements wer¢ approved by tILe B¢)ard of Trustees and autb0ri5ed for issue on 26 September 2024 and were signed its behalf by.. V Brissett- Trustee The notes forni part of these fillancial statements P&ge 16

TEI,FnRD AND WREKIN CO SERVICE IL FOR VOLUNTARY ASH FLOW STATEMENT R THE YEAR ENVF.D 31 MARCH 2024 31.3.24 31.3.23 Notes C95h flows from operating 9CtiYiti¢s generated from operations 1,8141 Net castL USEd in operating activities 1,814) C¥.%h llows from Investing activities Purchasc of tangible fixed assets Pur¢ha8e of fixed aS￿t invrstm¢nts Sale of fixed a55et illvestmeDtS Interest received (1,037) (257.431) 228,218 29,027 (3,372) 1142,404) 115.282 27,584 Net ¢ash used in illv¢sÉing activities 2,910 Ca$b flows from fiD&nciDg activ5ties Income attributable to endowment Expenditure attributable to endowmellt 5J31 5,210 Net cash providcd by financing activities 3,917 Change in cash #nd cash equivalents i tbe rtporting period Ca51k llnd cAsb equivalent5 at tbe beginning Df the reporting period (58,701) {8071 301,730 302,537 Cash and cash equivaleDts at the end of the i'eporting period 243 029 301,730 The tK)tes form part of th¢5¢ financial statements Page 17

TELFORD AND W ERVICE CIL FOR VOLUNTARY NOTES TO TItE CASH FLOW sfATEMENT FOR THE YEAR ENDED 31 MARCH 2024 RECONCJLIATION OF NET BXPENDITURE TO NET CASH FLOW FROM OPERATING AcfiviTIES 31.3.24 31.3.23 Net expenditure for the reporting period (05 per the Statement of FingneÈ21 Activitie5) Adjustmellt8 for.. Ikpieciation charges {Gainyloss¢s on EnVeSt￿entS InteTESt Tecetved Income attributable to endownient Expenditure attributabl¢ to ¢ndowment Mov¢m¢nt in pension li#bslity De¢rease in debtors Increasellde¢rea8e) in creditors (28,746) {39,733) 6,530 (67,822) (29,027) (5J31} 1,3110 {2,821) 19,064 45044 5,422 63,652 127584) (5.210) 1,295 (3,0101 100,291 96,935 Net casb used in operatiolls {1,814} ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net casb Cash at bank and in h&nd 301,730 58,701 243,029 301730 TotAI 301730 243,029 The notes fojin part of these fillancsal 5tattm¢nts Pag¢ 18

TELFORD AND WREKIN CO SERVICE FOR VOLUNTARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENI)V.D JI MARCH 2024 ACCOUTrUIE4G POLICIES BAsts of preparlng the f￿*￿¢191 stAtemeut5 The finan¢ial statetn¢nts of the charitable c(Fmpany, whsch is a public benefit enlity under FRS 102, have been prEpaTed in accordance with the CharitlC5 SORP IFRS 102) 'A¢couTrting and Re￿rtIng by Charitie5.' Statement of RecoEnn)eThded Prdctice 8ppli¢able to cbarities preparing their accounts in accordance with the Finan¢ial Reporting Standard applscable in the UK and Republic of Ireland {FRS 102) (¢ff￿tiVc l January 20191,, Finall¢ial Reporting Standard 102'The Fin&n¢ial Reporting Standard applicable in the UK alld Kepublic of Ireland, alld the Comp¥Dies Act 2006. The fin2ncial statements have been prepared under the histori¢al cost conventton with the exception of iDvesknents which are included at markel value. Th¢ fjnanctal statements are for the individual entity only. The fittancial statements arc preselkted in Sterlin8 (£1, rounded to the nearest £1. CompaDy Status The charity is a company limited by guarantee. The m¢mbers of th¢ company are the Trustees narned DD page l. In thc cvcnt of the charity beitkg wound up, the liabilily itj respect of the guaraThtee is IiTDited to £1 per member of Ihe ¢harity. Income All income is iecogllised the Statcmcnt of Fittancial Activities oll¢e ¢he charity has entitlement to th¢ funds, it is probabl¢ that thc incotlle will be reeeived and the amount can b¢ ￿easured reliably. Jncome frotn gov¢inment atkd other grants, whether 'capital' grants or 'revenue' grants 1$ recogni5ed when the Gharity ha5 entltlement to the funds, and p¢rforrnallcecoDditions attached tothe grants havc be¢n m¢t, Èt is probable thatthe illcome will be received and tlE¢ at]]ount ¢an be measured reliably. Expenditure Liabilities are recogtjised as expenditure as soon as there 1$ a legal or constructive obligation committing the charity to that expenditure. It l5 pr()bable that a transfer of economic bcnefIts will be required in settlement and th¢ amount of the obligalion can be measured reliably. F.xpenditurc is ae¢ounted for on an ac¢ruals basis and has been Gldssified under headings that aggregate all cost related to the cat¢gory. Where costs Gdnrtot be directly attributed to particular headings they have been allocated to activities on a b2sis consistent with the use of resource5. Gra]its payable are charged in the year when the offer is made exrept in those whrre th¢ offer is conditional, su¢h grants being rcGogntstd as expenditure when the conditions atta¢hing are fijlfilled. Grints offered 5ubjeLI to conditions which have not bee￿ tnet at the year end are noted as a co]llEfLitment, but not a¢¢rued as expenditure. Alloe4tion apportionment of costs lllvoiced eosts aDd staff titH6 are dir¢ctly allocated to the fund to which they relate. Management titne is recharged on a pro rata basis based on the levels of staff costs atlrsbuted to ¢ach fund. FiKed assets Taugible assets ale stated at cost lor deeTn¢d cost) less accumu13ted depreciation and accumulatEd iTnpaiment losses. Cost in¢ludes Éhe origit]al purch&8e priGe, costs directly attributable to bTinging thc asset to its working condition for its intended use. di5Tnantling atEd restoration costs and borrowin8 costs ¢apitalised. Depreciatton is provided at the followÉng 8nnual rates in order to Mryite off ea¢h asset over its ¢stimatcd uKful life or. if held under a fInan¢e lease, over Éhe lease (erm. whichever is shorter.. Office equipment IOQlo, 33•/Tr and 37.5/0 straight line Investments Investments are stated at market valu¢ at the balance sheet date. The Statement of Finar)cial Activitl¢s includes the net gains and105s¢s arising on revaluations and dL5PDsals throughout the ye&r. Page 19 contitLUed...

TF.J,FORD AND WREKIN CO SERVICE L FOR VOLUNTARY P40TES TO THE F1Tr4ANCIAL STATEMENTS- Continued FOR THE YEAR ENDI D 31 MARCH 2024 ACCOUNTITrIG POLlCtES- £oDtinued TaxAtio The charity is exetnpt from corporation tax OEL its Gharitsble activities. Fund aceouDÉillg General fi]nds are unrestrieted fi]ttds which are available for use at the discretion of the ttU5t¢es in furtherance of th¢ g¢n¢ral objectives of th¢ charity and which have not b¢en designated for other purposes. Designated fuDds comprise ￿nreStriCted funds that have been set aside by the trustees for p8rtieular purposes. The aim alld use of each designated fund is Set out in the llotes to the fin&ncial statemetLt5. RestrActed funds ar¢ funds wbich we to k used in accordanGe with specifLC restrictions iTnposed by donors (pr whi¢h have been raised by the charity for partiGular purpose5. The ¢osts of raising and adminiskring such funds are clLarg¢d againstthe spe¢ific fund. The aim and use of each restrided fund is Set O￿t in the notes to th¢ financial statements. Investment income, gain5 and loss¢s are allocated to the appropriate fund. Operatillg leases Renta15 patd Ullder operating lease5 are charged to the Statement of Financial Activities on a straight line ba5]5 over the perÉod of thc lease. Pension$ The charity operates a dEfirJed benefits pension scheme. The s¢h¢me is a multi-employer sch¢me where it is not possible, in the nortnal Cou￿¢ of events, to identify on & consistent atJd rea50nabl¢ basi8, the shaTe of underlying assets and liabilities b¢longing to individ￿81 participating en]ploytTS. Therefore. as TEquired by paragraph 28.11 of FRS 102. the charity accounts for this s¢hetne as if it was a defined Lvtitribution scheme. I'hc ￿￿Ount charged to the Staterllentof Fin&ll¢ial ActiV5tie5 represents contributions p&yabl¢ to the sclLetlle in ￿SpectOrthe ac¢oullting p¢riod. Finalleial 1n8trurne￿ts. The Gharily ha5 chosen to adopt SeGtions I l and 12 of FRS 102 in resp¢¢t of financi21 instrllrn¢nts. (i) Financial assets Basic financial assets, including trade atjd tsther debtor5 and cash and bank balance5, are initially recognised at transa¢tton priG¢. unless the arrang¢m¢nt constitutes & fin&ncing transactio[4 wh¢r¢ the transartitsn is m¢a5ured at the present valu£ of the fviure reccipts discoullted at a market rate of interest. Su¢h assets are subsequently ￿rrIed at amortised c05t the effective int¢rest ￿ethod. At the elld ofeach reporting period financial assets measiired at amortised costare assessed ftirobjective ¢vidence of impairment. If an asset is impaired tbe impairmellt loss is the difference b¢twe¢n the carrying hmount and the present value of the estimated cash Ilows dis¢ounted at th¢ asset's original effective interest rdte. The impainllent loss is r¢Gognised ￿ profEt or loss. If there 15 a decreage in the iEnpaiment l(trs5 aTising from an event oCcU￿ing after the impairment was reCO￿lIsed, th¢ impairment is reversed. The reversal is 5u¢hthat the current carrying amountdoes not Exceed whatthe carrying aTnount would have been had the impairmeTrt not previously been recognised. The Étnpairmcnt reversal is recogn15ed iTh profit or toss. Financial Hssets are derecognised wh¢n (al the contractual right5 to the ¢ash flows from the asset expire or are settled. or (b) substantially all the risks and rewards of the owThersbip of the asset are transfe￿ed to another party. or (c) despite havin8 relain¢d some si8nificant risks and rewards of ownership, control of the as5¢t has been transferred to aThother party who has the practical ability to Unil￿erallY sell the as8et Èo an unrelated th￿d party without jnip05ittg additional Testri¢tions. Page 20 continued...

TF.J,FORD AND WREKIN CO SERVICE IL FOR VOLUNTARY NOTES TO THE FINANCIAL STATEMELYfs- Continued FOR THE YEAR BNDF.D 31 MARCH 2024 ACCOUNTING POLICIES- eorttknued Finfjllcial I￿StrU]￿entS lil) Fina￿18] liabili1É¢5 Basic finall¢ial liabilities, inoluding Irade and oiher creditors, are initially recognised at transa¢tion pric¢, unless the a￿angeMent ¢onstÈtuÉeS a financing transaction, where the debt instrument is measured atthe presettt value of the future receipts discounted at a market rate of interest. Debt instNments are subsequently carried at amortised ¢osL usÈllg the effective irLterest rate method. Fees paid on the establishment of loan fa¢ilities are recognised as transaction costs of th¢ loall to th¢ extent that it is probable that some or all of the facility will be drawn duwn. In this cas< the fee 15 d¢ferred until the draw-down occurs. To the ¢xtent there is llo ¢videll¢e that it is probabl¢ that some or all of the facility will be dTawn dowN the fee is czpitalised &8 a pre-payment for liquidity servic¢5 athd amortised over the period of th¢ facility to which it ￿lat¢s. Trade payables are obligalions to pay for goods or s¢rvi¢¢s that have been acquired in the ordlliary course of business froEll supplicr5. AccouD¢s payable Ire classified as ¢wrent liabilities if payment is due within year or less. If not, they are piesented as non-CUTrent liabilities. Trad¢ payables are Tecogniscd initially at trallsaction pri¢¢ and subsequently measured *t amorbsed cost using the effectiv¢ int¢rest method. FillaAcial liabilities art dereeognised when the liability is extiDgui5hed, that is when the contractual obligation 15 disch&rged, Cancelled or ¢xpires. coprrRACT INCOME 31.3.24 31.3.23 Contracts Donations Service5 Gr&nts 683,683 109,575 6,484 15.431 822,533 82,792 12,409 61,504 815,173 979.238 Included wEthirt donations is £109,57512023.. £82.792) which rclates to th¢ value of donated facilities itt respect of di5COUE]ted rent and 5ervi¢¢ ¢hJrges on the offices and other rootns used by the eharÈty. FUNDRAISING AcfivITIES 31.324 31.3.23 Fundrassing Events 27,597 Page 21 continud...

TELFORD AND WREKIN COUNCIL FOR VOLUNTA SERVICE NOTES TO THE FINANCIAL STATEMEwfs- colltTtLued FOR THE YEAR ENDED 31 MARCH 2024 INVESTMEPIT INCOME 31.3.24 31.3.23 Deposit account inl¢r¢st Investmeiit incom¢ 964 28,063 160 27.424 29.027 27,584 OTHER INCOME 31.3.24 31.3.23 ServÈc¢ chgrges received Othcr incoming resoU￿e$ 3,914 800 800 4,714 800 RAISING FUNDS IDvestmellt manAgement co$t$ 31.3.24 31.3.23 Portfolio management 6.842 6.805 CHARITABLE ACTtVlTIES COSTS Grsnt nding of activities (see notc Supw)rt cost$ (see note 91 Direct Costs 8) Totals Voluntary Services 686,792 268 574 9S6 366 GRANTS PAYABLE 31.3.24 31.3.23 Voluntary services 11,013 Page 22 ¢ontittued...

TF.I,FORD A .SF.RVICE D WREKIN COUNCIL FOR VOLUNTARY NOTE.S TO THE FINANCL4L STATEMENTS- colltinued FOR THE YEAR ENDED 31 MARCH 2024 SUPPORT COSTS Governance Osfs Management Finance Totals VoluTrtary servi¢e5 260411 164 7,999 268 574 io. NET INCOMEIIEXPENDITURE) N¢t illcomel(expend1t￿e) is stated after chargiAyl(creditingl'. 31.3.24 31.3.23 Auditors, remuncration Dtpre¢iatioft- owned assets Hire of plant and machinery Other operating leases 7,999 6,529 1,157 9,370 5,422 1.528 2,511 ii. TRUSTEES, REMUNERATION AND BENEFITS There were Mo trustees, remuneration or other benefits for the year Ended 31 March 2024 nor for the yeaz eDded 31 March 2023. 12. STAFF COSTS 31.3.24 31.3.23 Wages and salaries Social security costs Other pe￿10￿ costs 558,129 25,195 14,891 627,864 32,508 15,516 598,215 675,888 The averag¢ monthly number of employees during th¢ year was as follows.. 31.3.24 31.3,23 Adtninistrativ¢ Service delivery 22 26 29 The average nulnber of full-time equivalent employees (including casual and part-time staff) during the year was 17.79 (2023.. 19.80). No employee received emoluments in excess of £60,000. Total key management personnel remunerntion Ivas £22l,131 (2023.. £239,350). Page 23 continued...

TELVORD AND WRE SERVICE UNCIL FOR VOLUNTARY NOTES TO THE FINANCIAL STATEMEiYfs- conti VOR THE YEAR ENDED 31 MARCH 2024 13. COMPARATIVES FOR THE STATEMEE4T OF FINANCIAL ACTIVITIES Unrestricted Restri¢ted funds fi]nds Endowment funds Tota nds INCOME APID ENDOWIVAENTS FROM Contract income 97,371 88 1,867 979.238 Fundraising activities Investment income Other income 1,428 17,980 800 26,169 4,394 27,597 27,584 800 5,210 Total 117,579 912.430 5,210 1,035,219 EXPENDITURE ON Raisillg fvnds 4,423 1,089 1,293 6,805 Ch8rit*ble activities Voluntary servic¢s 170,565 833 930 1.004.495 Tot#1 174,988 835,019 1,293 1,011,300 Net gains/(losses) on inv¢stments 41J74) 10.184) 12,094 163.652 E4ET INCOME/(EXPENDITURE) TraK5fers betwten fund5 (98,783} 470 67,227 (8,177) (39.733) Net movement in funds (98,313) 62,295 {3,715) {39,733) RECONCII.IATION OF FUNDS Total fvnds brought forward 442,090 518.671 256,519 1,217,280 TOTAL FUNDS CARRIED FORWARD 343.777 580,966 252,804 1.177.547 Page 24 orttinued...

TXLFORD AND WREKIN COUNCIL FOR VOLUIYTARY SERVICE NO THE FINANCIAL STATKMENTS- eonÉinu¢d FOR THE YEAR ENDED 31 TwtARCH 2024 14. TANGIBLE FIXED ASSETS ComputEr equipment cosr At l April 2023 Additions 58,252 At 31 March 2024 59.289 DEPRECIATION At l April 2023 Charge for year 36.109 6,529 At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 Mar¢h 2023 22.143 15. FIXED ASSET INVESTMENTS Listed investments MARKET VALUE At l April 2023 Additions Disp05als Revaluations 922,868 257,431 (223.733) 63.338 At 31 March 2024 1019904 NET BOOK VALUE At 31 March 2024 1019 904 At 31 March 2023 2.868 The split of invtttment a55ets between UK and non-UK is as follows.. 2024 2023 UK investmetit assets Non-UK investment assets 484.198 419,266 535.706 503 603 1,019904 922,869 The charity had the following material inve5tmettts- 2024 2023 HB]qDERSON INVESTME FIXED t￿[EREST MOlThY tNCO JANUS HENDERSON FIXED INTEREST MONTHLY INCOME FUND FQ INC JuptTER UNIT TRUST fvL4NAGERS LTD JUPITER GLOBAL STRAT BOND X GBP DIS 20,305 20,318 21,228 21,323 Page 25 continud...

TEJ,FnRD AND WREKIN CO SERVICE FOR VOLUNTARY OTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDLD 31 MARCH 2024 Is. FIXED ASSKT INVESTMENTS - totstlnued TWEIMTOUR INVESTts￿NT FUNDS CORPORATE BOND I GBP DIS ptMCO SEL FDS PLC UK tNCOME BOND tNSTL NC BNY MELLON FD MNGRIIEWtON GLBL DYN BD INC F tN LIOTqfRUST FUND PARTNERS LLP LIONTRUST SPBCEAL StTUATIONS I GBP DIS JPMORGAN FUNDS LTD US EQUITY INC K GBPNET INC VANGUARD FUNDS PLC S&P 500 UCITS ETF INC GBP SCFItiODER UNII'"I'KUSTS LTD SCHRODER ASIAN INCOME L INC BNY ML,LLON GLOBALFUNDS PLC SHORT-DATED HtGH YIBLD BD Z GBP DIS HGD NINETY ONE FUND SERIES I DtVERStFIED INCOMB J 2 GBP FEDERATED HERMES ASIA EX JAPAN EQ F2 GB VANGUARD INVESTMENTS DUNDS ICVC VANGUARD US EQTY IDX tNSTL PLUS GBP DIS ISHARES 11 PI.C IISD TtPS UCITS EtF GBP DIS MORCIAN STANLEY BV 6Y WO UKX SX5E 7.2￿/0 AC BP ORD USDO.25 FIDELITY UCITS US QUALITY ]NCOME UCITS ETF NC USD TROIAN INVESTfv￿NT FUNDS"I'IIOJAN X DIS PREMEERMITON INVEST￿NT FUNDS 3 PREMIER MtNTON EUROPEAN OPPS B ACC JPMQRGAN FUND ICVC JPM GLOBAL hL4CRO OPPORTUNITIES C NET DIS MI SELECT MANAGERS BOND INSTL DIS SCIIRODER iTraT TRUSTS LTD SCHRODLRGBL CITLES REAL ESTATE L DIS ROBECO CAPITAL GROWTH FLffr]DS SICA V ROBECOSAM OLOBAL SDG CREDI"fS 111 GBP BNY MELLON GLOBAL FUNDS PLC BNY MELLON US EQUtTY INCOME E GBP DIS LtNK FUND SOLUTIONS LTD GRESHAMIIS UK MtIL CAP F INC JPMORGAN LlQUtDITY FUNDS SKCAV CYBP LIQUIDITY LVNAV E DIS UNITED KtNGDOM {GOVF.RNMENT OF) 5Yo SNRBDS 0710312025 GBPIOOO MAN IIUNDS PIL GLQ GLOBAL INVESTMENT GRADE OPPORTUMTIES BANK OF AMERICA 6Y UKX SPX 8.4Q/o INCOMB AUTOCALL 29,629 28,553 18,277 22.410 19,608 24,175 19.863 26,127 16,179 33.055 16.315 15,416 23316 15249 14,697 23,315 15,032 39.273 22,733 37,865 23,344 17,991 15,927 49,784 20,073 11,728 10.286 30.155 19,349 21,107 44,848 16.576 22,580 26.333 11,358 15,584 23.076 21,934 22,866 17,699 22.700 18.336 3Y,024 25,603 34.351 16,799 22.700 18,715 If fixed ass¢¢ investments had not been revalued th¢y would have been included at the historic cost of £996.037. 16, DEBTORS: AMOUN]3 FALLING DUE WITHIN ONE YEAR 31J.24 31.323 Trade debtors Prep￿MentS and ac¢ruEd income 1,947 18,801 12,975 26,837 20.748 39,812 Page 26 Continued...

TELI7ORD AND WREKIN COUNCIL FOR VOL SERVICE RY NOTES TO FINANCIAL STATEMENTS- covtilllled FOR THE YEAR ENDED 31 MARCFI 2024 17. CRKDITORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR 31.3.24 31.3.23 Trade creditors Soctal security and other tsx¢s VAT Oth¢r treditors Accruals and deferred in¢ome 16,070 8,770 13,2S6 763 110,194 7,816 6,989 9,928 2,746 76.234 149,059 103,713 IncludEd within accruais and deferred in¢ome is £74,96112023.' £55,335) in respe¢t of deferred in¢ome. Thi5 all relates to wt income received Èn &dvan¢e of the year end for serviG£g to be provided after the year end. 18. LEASING AGREEMENrs Minimum lease payments under non-cancellabl¢ op¢rating leases fall due a5 follows.. 31.3.24 31.3.23 Within one year Between one and fiv¢ yeaTS 44,705 55,028 55.534 99,733 149,026 Page 27 continu￿...

TF,T,FORD SERVICE ND WREKIN COUNCIL FOR VOLUNTARY NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR EIYDED 31 MARCH 24 19. MOVEMETrIT IN FUNDS Net movement in funds Transfers betwcett fund5 At 31.3.24 At 1.4.23 UtLre5triet¢d fund$ General Fund Employment Reserve 230,451 113 31 (832} 16,919 246,538 1112 493 343,782 (832) 6,081 9,031 Restricted funds All Age Carers Service IASS Telford Young CaTer5 Grassroots Endowment Inwme Adult Carers Reserve Better Care Fund Building Bettei Opportunities Telford Autism Hub wellbein￿ HubsNetwork IASP Community Cafe Ind¢pBndent Livin8 Centre Childretk and Young People Autism Hub Learning Di5abiliti¢s Project 306.927 21,822 76,993 7,206 56,004 9,511 (10,902) (18,269) 13,746 (2.747) {12.S03) 2,650 2,258 {I2,602) 10,902 99 303,836 21,822 58,823 20J52 53,750 493 12,503 (2,6501 41214 493 29,438 17,198 43,472 (4931 (10,902) 18.536 4,952 (12,2461 3.431 (3,025) 16,735) (3,431) 6.931 3,906 580J61 (44.831) (6,081) 530,tk49 Endowment fullds TDC Endowment FuE)d (Trassroots bndowmont Fund 119.459 133 16,917 136,376 133 345 269 721 TOTAL FUNDS 1177 547 1148Anl Pag6 28 contit)u¢d...

TELFORD AND WREKIN COiJNCIL FO SERVICE LUNTARY NOTES TO THE FINANCIAL STATEMENTS- contillued R THE YEAR ENDED 31 MARCH 2024 19. MOVEMENT IN FUNDS- contlDued Trlet movement in funds, itEcluded in the above are as follows.. tncomins resources Resourocs expended Gains and losses Movetnent Utkrestrieted funds Gen¢r81 Fund 149222 (194,138) 44,084 (832) R￿trICted futtds All Age Carers Service IASS Telford Young Carers Grassroots Endowment Incorne Adult Car¥rs Reserve Better Care Fund Building ljttter OprM)rtulliti¢s Telford A￿ls￿ Hub Community Cafe tndep¢ndent LiV￿g Centre Children Youllg People Autisln Hub Learning Disabilities pl￿)eCt 278.489 74,001 98,352 4,989 847 (268,978) {84,9U3) (116,621) (2,0951 {3,594) (12J04} 20 (90224) (24,268) (50,040) (95,487) 9,511 (10.902) (18.269) 13,746 (2,747) {12,SO3) 2,650 2,258 {12,246) 3,431 (3,025) 16,735) 10,852 1630 92,482 12,022 $3.471 92,462 712,087 (767,770> JO,852 (44,831) Endowmeut fllnds TDC Endowment Fund 5,331 {iJoo) 12,886 16,917 TOTAL FUNDS 866 640 963 208 Page 29 continued...

TELFORD AND WREKIN COUNCJL FOR VO SERVICF, NTARY NOTES TO THE FINANCIAL sfATEMBNTS- continued FOR THE YBAR ENDED 31 MARLH 2024 19. MOVKMENT IN FUNDS- co￿11￿lled Compar2tive5 for movemtllt In fllnds Net movement in Amds Transfers between llds At 31.3.23 At 1.4.22 Unrestricted funds Gtneral Fund Employment R¢5erve 349,090 93,QOO {98,7781 (19,861) 230.451 113.331 442,090 (98,778) 470 343,782 Restricted funds All Age ca￿rS SeNi¢e IASS Telford Young Carers Grassroot5 Endowment In¢ome Adul¢ Carers Reserye Better Care bund Building Bcttcr Opportunities Telford Autistn Hub Wellbeitkg Hubs Network IASP Community Cafe IAd¢pendetit J.iving Centre ChaTltie8 Togcther Children and Young People Autism Hub Learning Disabilities Project 263,940 23,598 75,100 29,567 57,118 32,412 (1,776) 16,712 (17.899) (1.114) (2.572} 1,293 14,995 10,575 306,927 21,822 76,993 7206 56,004 114,819) (4,462) 2J72 (1293) 26,219 493 29,438 13.198 41,214 493 29,438 17,198 4,(100 (1,672} 1823} 6,931 16,735 1.672 823 6.931 518,671 67,222 14.932) 580,961 Emdowment funds TDC EThdowJllent Fund Grassroots Endowment Fund 127,636 128.883 (8,1771 119,459 133.345 4,462 256,519 8.177 4,462 252,804 TOTAL FUNDS 1,217280 39.733) 1,177.547 PagB 30 continued...

TELFORD AND WREKIN COUNCIL FOR VOL SERVICE ARY NOTES TO THE FINANCIAL STATEMEIYTS- contittued FOR T&IE YEAR ENDED 31 MARCH 2024 19. MOVEIVIENT IN FUNDS - continued Comparative nct mov¢tneDt in funds, i￿luded in th¢ above are as follows.. Incoming resources Resources cxpell(ted Gains losses Movem¢nt in funds Vnrestricted fuDd$ General Fund 117,579 1174,983) (41.374) {98,778) Re5tri¢t¢d funds All Age Carers Service IASS Telford Young C.arcrs Grassroots Endowment IncoEne Adult C8r¢is Reserve Better Care Fund Building Better Opportunities Telford Autl5Tn Hub Cotnmunity Cafe Indcpendent Living Centre Charities Tog¢ther Children and Young People Aulistn Hub Leaming Disabilities Project 275,029 74,000 I07,147 4,387 3.036 25,279 36,726 97,289 27,231 50,1>00 18,750 96,726 96,83Q (242.617) 175,776) (90,435) (12,I021 (4.150) (27,851) 135.433) (82.294) (23231) (51,6721 (19.5731 (89,795) (80,095 32,412 11,776) 16,712 117,899} {E,114) (2,572) 1,293 14,995 4,000 {1.672) (823) 6,931 16,735 (10,184) 912,430 (835,024) (10.184) 67,222 Endowment funds TDC Endowment Fund 5,210 (1.293) 112,094) (8,177) TOTAL FUP4DS 1,035.219 Page31 continued...

TELFORD AND WREKIN COUNCIL FO SERVICF. VOLUIYTARY NOTES TO E FINANCIAL STATEMEP4TS- continued FOR THE YEAR ENDED 31 MAKCH 2024 19. MOVEMRNf IN FUNDS- eoDtinued A curt¢nt y¢&r 12 months and prior year 12 tmnth5 con)bined position is as follows: Net moveinent in fundg Transfers between funds At 31.3.24 At 1.4.22 Utsre$tricted funds Gen¢ral Furtd Employrll¢nt Reserve 349,090 93,000 {99.610} 11942) 9,493 246,538 102,493 442.090 (99,610) 6,551 349,031 Restricted fuDd5 All Agc Carers Service IASS Telford Young Carers Gra&%root5 Et￿OWmellt Income Adult Car¢rs Reserve Betrer Care Fund Yuilding Better oppOr￿￿￿1t1eS Telford Autism Hub Wellbeillg Hubs Network IASP Community Cafe Indepelldent Living Centre Charitics Together Children and Young People Autism Hub 263,940 23,598 75,100 29,567 57.118 41.923 (12,678} (1,SS7) (4,153) 13,8611 (15,0751 3.943 17,253 (2,0271 ID.902 {14.7201 {4.462) 493 15,075 (3.9431 303,836 21,IE22 58,823 20,952 53,750 26,219 493 29,438 13.198 43,472 1493) (10,902) 18.536 4,952 18,246) 1,759 (823) (1.759} 823 518.671 22,391 {11,013) 530,049 Endowment r￿lld$ TDC Endowm¢llt Fund Grassroots Lndowmcnt Fund 127,636 128,883 8,740 136,376 133,345 4,462 256.519 8,740 4,462 269.721 TOTAL FUTr4DS 1.217,280 68.479 1,148,801 Page 32 continued...

TELFORD AND WREKIN COUNCIL SERVICE R VOLUNTARY NOTES TO THE FINANCIAL sTATEME1￿8- coDtlnued FOR THE YEAR EiYDED 31 MARe.H 2024 19. MOVEMENT IN FUIYDS- cotstinued A curyent yegr 12 months and prior year 12 months combin¢d net movement in fund¥ included in the aboye ar6 as follows: ItKomillg rt%ources Resour expended Gains artd Iossc5 Movement in fmds Ullrestritted funds Gellerdl Fund 266,801 (369.121) 2,710 (99,610} Restricted funds All Agc Carers Service IASS Telford Young Carers Gra5srvviS Endowment Incollle Adult Carers Reserve Better Care Fund Ruilding Better Opporturliiies Telford Autistn Hub Commumity Cafe Ind¢p¢ndent Livihg CeD¢re Chariti¢s Together Children and Young People AuÉÈstn Hub L¢arning DisabiliÉt¢5 Proje¢t 553,518 148,001 205.499 9,376 3,883 25280 39.356 189,771 39.253 103,471 18,750 189,188 99,171 (511,595) (160.679) 1207,056) 114.1971 (7,744) 140,355) (35,413) {172.518) {47,4991 (101.7121 (19,5731 1185,282) 99,171 41,923 {12,678) (1,557) (4,153) (3,861) (15,075) 3,943 17,253 (8.246) 1,759 (823) 3,906 668 1,624.517 (1,602,794) 668 22,391 Ellilowment funds TDC Endowtnent Fund 10,541 (2,593) 792 8,740 TOTAL FUNDS 1,901,859 11,974,508) 68.479 Employment Reserve This represents a redU￿da￿cY provision based ￿p(MI a cal¢￿IatIOn of having to pgly 3 month5 salary. All Age C.#rers Servlce Fullded by Telford and Wrekin Council, the service provid￿ information. advice and support to unpaid family carers. S¢rvi¢e provision includes support groups, respite activities and individual support sessions. IASS Telford A county-wid¢ project funded joilltly by Telford and WrBkin Council and ShropshI￿ Council. The servic¢ provides information, advicc and support to paTents and carers of children with Special educational needs. Young C2rer5 Fullded by Telford and Wrekin Q)uncil, this project supports childr¢n 8nd young people who are in an uiipaid caTing role. Th¢ seThice provides infortnaiion, advice, support aDd irspite activities to Young Car¢rs living i Telford. Gr4$5roots ￿ndoW[nent Income Incotne from the inve51menl of the Grassroots Endowrnent fund. The income is to provide small grants to local ¢harities and voluntary sector groups to f￿1]itatE their work with the local cotnmullity. Adult Carers Reserve Funded by Telfonl at]d Wrekin Council, this project supports people who ar¢ in an unpaid earing rol¢. The serysc¢ provides infortnation, advice, support and respite activitirs to Adult Carers living in Telford. Page 33 continued..

TEJ.FORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31 l¥fAR 24 tinued 19. MOVEMENT IN FUNDS- colltinued Better Care Fund Inoimc provided by Telford and Wr¢kEn CCG to deliver a valuntary sEctor ¢oordin&tor5 posl. Working closely alongside GP surg¢ri¢s, the post is based within the rapid response team supporting vulnerable adults to ren]ain cared for out of hospital and in their community. Building Better Opportunities Jointly fvnded by the European Social Fulld and the Big Lottery Fund to focus on tackling th¢ root causes of poverty, Promote social inclusioll and drive local jobs and growth in Telford, the futtd Provides pre-employment support for disadvantaged people aged 19 aThd over who are not in work. Telford Autlsm Hllb FuThded by Telford alld Wrekin CCG, the hub provides infonnation. advi¢¢ and guidan¢e to people over the age of 16 years living with autism. The hub support5 people to gain & diagnubis and to play all a¢tive part in thEir conllnunity. The hub provides aGC6SS to approprsate fjnance, education. voluttteering aDd employment. Tbe hub sub contracts to Au¢i$m West MidlaTrds for expert person ¢entred advice. Wellbeing Hubs Elelwork A netWOTk ol'orgwJisatioJs providing pe¢r support, wellbeing activities and infomiatlon, advice and guÉdanc¢ for people living withtn their community. IASP Funding received from the Nation￿ Children's Bureau to provide children and young people their families with inforniation. advice ftnd guidance on 5petial cducatiollal needs. Community Café A safc space providing meals to people needins support. A bespoke volunteer placement 5¢h¢me sUpporti￿g people to access workplg¢e experience to move into employment. The caft provid¢s information, advice guidan¢e within the Lummunity of Madeley. IndepeTLdent Living Ceutre A space provided to offcr bothpr¢ventative and responsive supportto individuals to ¢nablethem and theirfa]nÉliB5 to livc wcll alld safe in their cotnmunity. IndivÉdua15 aTE dble to receive support around daily living as the c£￿tre offers wide raThging inforniation, advscy and signpostitlg to address the need5 of residents. chAritI￿ Together Funded by NHS ChaiEtae5 togeth¢r the programme supports po)ple to r¢main well aTLd independent at home &tJd in their communÉti¢s. The proje¢t is supporting people who. experieE]c¢ inequaltttC5 in hea5th, prepart pcopl¢ of working oge to be better prepared for older age targets pe()ple with poor mental health that need %llpport. Cbildren alld Yo￿llg People Alltism Hub Funded by NHS Shropshiie Telford aiid Wrekin and Telford aud Wrekin Council, the hub provides infortnation, advice alld guidance to childr¢n aged 5-18 and their families who have a diagnosis of autÈsm. The hub provide family aclivitics, workshops alld person centred support tts th¢ whole family. LearniDg Dtsgbilitie5 Projtet Fund Funded byTelford and Wrekin Council. this project Ès specifically toradults witb a learning disability. The project will provide information. 8dvi¢e and support in various areas in¢luding employtnent, health, volunteering, and social skills, giving clients the ability to achieve skills atld approach new opportunities with more confidence. TDC E]Jdowment The endowmtnt was ¢r¢ated in 1991 with the receipt of £IOO,llOO from Telford Development Corporation to r¢place grant futKling receivcd previously. Income from the i#ves¢m¢nts made are credited to utrtri¢t¢d funds to support the core running costs of CVS. Pag¢ 34 contitkued...

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE NOTES TO THE FINANC ENTS- coDtinued FOR TH DED31 MARCH 2024 19. MOVEMENT IN FUNDS- colltillued Grassroot8 Eudowment Fund An Endowment Fund was created througha¢ombination of dottations and match funding fromcelltral go￿Th[￿¢￿t between 2008 and 2010. lllcome generated from the investment of the Endowment Fund És (o be used to provide grants to local volurtrary and Community organisation5. Transfers betweell funds Transfers between funds rq)resent th¢ recharges of management time and room hire as detailed in the allocation and apwrtionment of ¢ost$ accounting polÉ¢y, along with the partÈal release of th¢ employment reserve to cover redulldaney costs paid in the year and thc use of general funds to cover any deficits in r¢5tricted fiÈnds at the year end. 20. EMPLOYEE BENEFIT OBLJGATIONS Scheme: TPT Retirement SolutioDs - Th¢ Growth Pla The charity participatss in ihe scheme, a tnulii-¢mployer scheme which provide5 bencfits tD 8()me 638 non- associated emplO￿T$. The scheme is a defined bell¢fit sGhetllB ITi thelJK. It is not possible forthe charity to obtasn sufficient informatloll to enable it to accouttt for the scheme as a defined benefit scheme. Therefor¢, it ￿COUnts for the s¢heme as a dcfincd cot]tributiott s¢heme. Th¢ sch¢tne is subject to the funding legislation outlined in the Pensions Act 2Q04 which came into force OTh 30 Decetnber 2005. This, lugetber with dwuments issued by the Pensions Regulator and Tethnical Actuarial Standards issued by the Finan¢ial ReportiThg Council, 5¢t out the framework for fvnding defined bellefit occupational PEnsion scheme.% in thc UK. The scheme is classifjed a5 &,1ast-￿aTI Standing arrang¢menV. Therefore, the charity is potentially liable for othrr participating ¢mploy¢r5' obligations if ih05¢ ¢R)ploy¥rs are ￿ttable to meet their share of the scheme defictt following wEthdTaw41 frum the schen)e. Participating employers are legally rEquir¢d to En¢et th¢ir shaTe of ike scheme deficit on an annuity purchase basis on wi¢hdraw&l from thc schcme. A fi]11 actuarial valuation for the scheme was carried out at 30 Septcmber 2020. This valuatloll showed assets of £800.3m, liabilities of £831.9m and &deficit of £31.6m. To eliminate this funding shurtfall, the TTUSt¢e has &sked the partiGipating employers to pay addEtional contributions to the scheme as follows.. DEficit tontributions From l April 2022 tD 31 J&nuary 2025.. £3,312.000 per annuni Ipayable monthly) Unless a concession has beeTh agrc¢d with th¢ Trustee the term ti) 31 January 2025 applies. Note that the 5cheme'5 previous valuation was catTied out witl) an effective date of 30 September 2017. This valuation si¥)wed Issels of £794.9m, liabilitÉes of £926.4m and a dcficil of £131.5m. To eliminate this fijllding shortfall, the Truste¢ asked the p#rti¢ipating employer5 to pay additional contrib￿tIO￿S to thc scheme as follows.. Defieit toDtributions From l April 2019 to 30 Sept¢mber 2025- £11,243,000 per a[￿u￿ (payable monthly and in¢reasing by 30/0 each yEaT on l April) The recovery plaa] contribut¢5 are 8llo¢ated to each parti¢ipating employer in line wsth estiTnat¢d share of the S¢ri¢s l and S¢rie$ 2 scheme liabilities. Where Éhc s¢hem¢ is in defJc5t and wherE the charity has agreed to a defi¢it funding arrangemell¢ the charity Tecognise5 a liability for this obligatiOEI. The amount iecogtjised is the net pr¢5¢11t value of the defi¢it reduction contributions payable under the agreement th&t relate5 to the d¢fi¢it. The present Value is ¢al¢ulated using the discount rate detailtd in thrsE disclosures. The uThwindfftg of the discount rate is recogniscd as a finon¢e cost. Page 35 continued...

TF.I.FORD AND WREKIN COUNCIL F SERVECE LUNTARY NOTES TO THE FINANCIAL STATEMENfs- tDntinued FOR THE YEAR END￿D 31 MARC.H 2024 20. EMPLOYEE BENEFIT OBLJGATIONS- contithlled PRESENT VALUES OF PROVISION 31.3.24 {£s) 2,472 31.3.23 (£s) 5293 31.3.22 (£s) 8.303 Present value of provision RECONCILIATION OF OPENlf4G AND CLOSING PROVISIONS 31.3.24 (£s) 31.3.23 (£$1 Provision at start of period Unwinding of the discount factor {llltcr¢st expense) Defi¢it contribution paid Retneasurements - impact of any challg¢ in assumptions Remeasurements - amendments to ¢ontribution sGhtdul¢ Provision at end of perii>d 5,293 202 P,025) 8,303 156 13,025) (141) 2,472 5,293 INCOME AND EXPENDITURE IMpAcr 31J.24 (£$} 313.23 l£sl Interest expense R¢measuremEnts- impact of any change in assumptions 202 156 (141) ASSUMPTIONS 31.3.24 31.3.23 31.3.22 per 8nnum 2.35 /0 per allllutn Vo per aE)nUTn Rate of discoÈint 5.31 5.52 Th¢ discount rates shown above aTe the equivalent single dis¢ount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporat¢ bond yield curve to discount the sane recovery plon contributions. The following schedule detai15 th¢ d¢fi¢it ¢ontributiOnS a￿e¢d betw¢en the Association and the scheme at each year end period- DEfilCIT coiYfRIBUTtONS SCHEDULE 31.3.24 (£s) 31.3.23 (£sl 31.3.22 l£sl Year endiog Year I Ye8r 2 Year 3 2,521 3,025 2,521 3,025 3,025 2,521 The charity rnust recognise a liability me&$ured as the pr¢5rnt valu¢ of the ¢OlltributioDs payable that arise from the deficit recov¢ry agreement and the resulting expeEJse in the income and expcnditure ac¢oynt i.e. the unwinding of the discount rate as a finance cost in the pertod in whiGh it #rises. It is these contributlOll5 that have been used to dcrive the charity's ba]ance sheet liability. Pag¢ 36 ¢ontinued...

TELFORD AND RVICE N COUNCIL FOR VOLUNTARY NOTFS TO THE FINANCIAL sfATEMENTS - eolltiELued FOR THE YEAR ENDEI D 31 MARCH 2024 21. RBLATED PARTY DISCLOSURES During the year. the trustees kn C E Roberts and Mrs J Smith were reimbursed expenses of £nil (2023.. £691) and £nil12023= £2341 respectively. There wcr6 no b&lances owed to or from any related parties at 31 M&rch 2024 or 31 Mar¢h 2023. Page 37

TELFORD AND ERVICE IN COUNCIL FOR VOLUNTARY DETAILED sTATEl￿ENT OF FtNANCIAL ACTIvifiES FOR THE YEAR ENDEI D 31 MARCH 2024 31.3.24 31.3.23 INCOME AND EIYDOWMENTS Ctsttlract ineome Contracts Donations Services Grants 683,683 109,575 6,484 822,533 82,792 12,409 61,504 815,173 979238 Fundraising atlivities FundraisÉng events 17,726 27.597 ItLYestment Income Deposit a¢¢ount it)tere5t Invcstfftent tncome 964 160 27,424 29,027 27,584 Other income Servsc¢ chiirgtts reccivcd Other incoming resource& 3,914 800 800 800 Total IM¢oming resources 866,640 1,035,219 EXPENDtTURE InvtstmeDt m#nagtmellt eosts Portfolio tnanagement 6.842 6.805 Charftable activities W#g¢s Social security PetLSiOllS Hire of plant and Machinery ItL%llranc¢, rent, rates and power Telephone Printiftg, postage & stationery Advertising Sundries Professional fee5 Training Service contracts Subscriptions & membershÉp DBS I payroll charges Carried forward 438.199 18,915 6,877 I,J57 107,066 3,110 5,400 520 12,432 32.557 7.466 10,327 984 546 645,556 492,360 23,073 7,199 1.528 117,945 3.724 3,146 2,112 9,752 33.586 5,625 8.417 1,630 786 710,883 This page doc5 not form p&rt of the statutory finantial statements Page 38

SERVICE DETAILED STATEMENf OF FINANCIAL Ac[tV￿[Es VOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Charltable activities Brought forward rr & website Re¢ruitment Activities Expenses Rootn hire Bank CE￿rge$ Depreciation Grants paid 645,556 3,673 576 31,011 2.474 611 201 2,690 710,883 8.221 462 21,388 4,499 443 244 1,494 11,013 687,792 758,647 Support Costs MAllagement Wages Social security Pensions Other op¢rating leases Insurance, rent, Tates & power Telephone Printillg, postage & Stationery Sundries Professiollal fees LT & website Sub5CriPtigt15 & membership Dtpreciatiort Interest on pension sGh¢me li&bilitiC5 119,930 6280 8,014 3,623 84,178 13_fj,504 9.435 8,317 2.511 45,003 778 1,125 3,593 1,431 24.434 155 3,928 156 3,853 1,703 1,663 26,199 77 3.840 202 260,411 236,370 FillAnce BaTd¢ Charges 164 108 Govtrnan¢¢ tosts Auditor5, remunemtion Total resourc¢$ ¢xpeoded 963 208 1,011,300 Net (exp¢nditur¢llÉncome before gstns &nd losses (96.568) 23,919 Reali5ed recognssed gains aud Iusyes Realised gainslllossesl on fjxed asset investm¢nts Unrealised gaills1llos￿5) on fixed asset investments 4,485 (10,5621 63 53,0901 Net expendlturt 39.733 This page does not fom part of the statutory financial statements Pag¢ 39