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 st*e 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 accord*n￿ 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