OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Telford and Wrekin CVS

Trustee Annual Report 2024-2025

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 22
Report of the Independent Auditors 23 to 26
Statement of Financial Activities 27
Balance Sheet 28 to 29
Cash Flow Statement 30
Notes to the Cash Flow Statement 31
Notes to the Financial Statements 32 to 50
Detailed Statement of Financial Activities 51 to 52

Telford and Wrekin CVS

Telford and Wrekin CVS

W orking in partnership to advise, connect and inspire people in Telford to improve lives and communities

Vision

Our Vision is for Telford and Wrekin to be a place where everyone, despite inequalities, has the potential to lead a fulfilling life.

Our Purpose

Our Goals

Our purpose as a charity is to support, connect and give a voice to local people (children and adults) affected by health, social and economic disadvantage.

We want to deliver professional services to our community that meet the changing needs of our beneficiaries.

We will do this by focusing on:

Page 1

Telford and Wrekin CVS

F OR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ effective 1 January 2019.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 02436644 (England and Wales)

Registered Charity number 702589

Trustees

J C Francis resigned 03/07/2024 V Brissett Chair Cllr P Watling resigned 08/05/2024 R Roman resigned 04/07/2024 P Masterman resigned 28/08/2024 R Reza resigned 12/02/2025 J Rys resigned 12/09/2024 T Hoult resigned 23/12/2024 S Roberts resigned 04/07/2024 T Gee appointed 11/09/2024 G Morrow appointed 11/09/2024 Cllr K Middleton appointed 11/09/2024 Dr J Jackson appointed 02/04/2025 M Raisbeck appointed 02/04/2025 N Morrison

resigned 08/05/2024 resigned 04/07/2024 resigned 28/08/2024 resigned 12/02/2025 resigned 12/09/2024 resigned 23/12/2024 resigned 04/07/2024 appointed 11/09/2024 appointed 11/09/2024 appointed 11/09/2024 appointed 02/04/2025 appointed 02/04/2025 appointed 16/05/2025

resigned 27/06/2025

resigned 15/05/2025

Company Secretary J Kuczynska N Guest

appointed 21/10/2024 appointed 21/10/2024

Page 2

Telford and Wrekin CVS

REFERENCE AND ADMINISTRATIVE DETAILS (CONTINUED)

Registered office Suites 12 and 15 Hazledine House Central Square Telford Shropshire TF3 4JL

Auditors D.R.E. & Co. (Audit) Limited 7 Lower Brook Street Oswestry Shropshire SY11 2HG

Investment Managers Brewin Dolphin 9 Colmore Row Birmingham B3 2BJ

Page 3

Telford and Wrekin CVS

Structure, Governance and Management

Constitution

The charity is registered as a charitable 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 its Articles of Association. The principle objects of the charity is:-

To promote any charitable purposes for the benefit of the public, principally but not exclusively in the local government 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 cooperation and partnership working between third sector, statutory and other relevant bodies in the achievement of the above purposes within the area of benefit.

The main focuses of the charity will be:

To provide health and social care services to children and adults living within Telford and Wrekin and surrounding areas To provide preventative solutions to families to enable them to have a better life

To provide information, advice and guidance, including signposting to prevent escalation of needs

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 terms of the Memorandum and Article of Association. The charity Trustees are also Directors of the company.

Policies adopted for the induction 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 with managers and staff in order to develop an understanding of the work of the charity.

Organisational structure and decision making

Risk management

The Trustees have assessed the major risks 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. A Risk Register is an ongoing process which is reviewed and documents the risks and controls in place.

Page 4

Telford and Wrekin CVS

Objectives and Activities

Policies and objectives

Our charity’s mission is to support, connect and give a voice to local people (children and adults) affected by health, social and economic disadvantage

Our vision is for Telford & Wrekin to be a place where everyone, despite inequalities, has the potential to lead a fulfilling life.

In setting objectives and planning for activities in support of the charity’s objects and mission the Trustees have given consideration to public benefit guidance published by the Charity Commission.

Strategies for achieving objectives

The charity strategic aims to deliver professional services to our community that meet the changing needs of our beneficiaries.

We will do this by focusing on:

Volunteers

The charity actively supports volunteering and values the contributions made, particularly but not only in direct service provision to our service users.

The charity volunteer programme was awarded The Queens Award for Voluntary Service 2016.

Investment policy and performance

The charity has two permanent endowment funds, one established by the former Telford Development Corporation (TDC), and the Grassroots endowment established through a government match funding programme. In the year to 31 March 2025 the value of the TDC endowment fund increased by £5,668 (4.16%) to £142,044. Dividend income of £28,301 was received in the year and was expended on overhead costs. The Grassroots endowment fund In the year to 31 March 2025 the value of the Grassroots endowment fund increased by £3,165 (2.05%) to £157,462.

Page 5

Telford and Wrekin CVS

Financial Review

a.Reserves policy

The charity’s policy is that reserves are to be maintained 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 unforeseen 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 reserve (the Employment Reserve) set at a level sufficient to meet three months projected staff costs. This reserve currently includes a balance of £116,123. 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 2025 were as follows:

·Telford & Wrekin Council

· NHS England · Heart of England

a.Material investments policy

To optimise the charity’s income and minimise the impact of inflation, the trustees have the power to deposit or invest funds in any manner.

Investments in a public market must:

• The charity needs to produce the best financial return 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 drawn 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.

The Trustees understand that in order to mitigate inflation risk, this is likely to mean that investment 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 capital value as long as the charity is able to meet its grant making commitments through accumulated income or liquid spendable capital assets.

Page 6

Telford and Wrekin CVS

Financial Review

The charity’s 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 portfolio are cash, gilts, corporate bonds, equities, property, structured products, private equity, commodities and any other asset that is deemed suitable for the charity. Access to 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 asset allocation strategy with the investment managers, which is set with the aim to achieve the overall charity’s investment objectives outlined above. This strategy 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 Brewin Dolphin’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 liabilities 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 portfolio 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 appoint 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:

All investments should be made after considering any ethical issues which could conflict with the charity’s purpose or cause reputational risk.

This investments policy, alongside the performance of investments, will be monitored by the Trustee Board annually.

Page 7

Telford and Wrekin CVS

All Age Carers Centre Service Stats 2024-2025

We provide support for Unpaid Carers in Telford and Wrekin. We can register Carers as young as 5, and have dedicated teams to support both our Young and Adult carers. Individuals can self refer or be referred into our service by other organisations.

Number of contacts made

----- Start of picture text -----
3944
----- End of picture text -----

Our service offers:

218 referrals

Number of Activities Planned

This year we....

87

Number of Outreach engagment

190

Page 8

Telford and Wrekin CVS

CASE STUDY

A Gentleman came into the Independent Living Centre whilst the Carers team were manning the front desk, stating that he had bought his mother in for an assessment, and she was waiting in the car for us to assist her into the building. I asked what sort of assistance he meant as we don’t provide help in that way, and he stated that he had explained at the time of booking that his mother would require assistance into the building by use of a wheelchair and was assured this would be available. He was getting quite agitated at this point, saying how could we do assessment on elderly people if they aren’t even able to access the building.

I spoke with the worker who was due to do the assessment to check that no prior arrangements had been made. He confirmed that we don’t provide that sort of assistance at which point the gentleman became very annoyed saying he had taken time off and travelled form Leicester to bring his mum and was told we would be able to assist her with a wheelchair to get into the building. The worker said it was not possible for us to provide a wheelchair as we don’t have one onsite, at which point I suggested we could ask the shop mobility service based at Telford Town Centre if they would have a wheelchair available. I explained to the gentleman that he would have to transfer and push his mother as we wouldn’t be allowed to assist and that there may be a minimal charge for the hire of the wheelchair. He was happy with this, so I called over to the shop mobility explaining who I was, and the situation and they said they had a wheelchair available.

The gentleman said he wasn’t sure how to get there and was concerned about his mother who was still waiting in the car. I offered to walk him over and said he could stop by the car on the way so he could explain the situation to his mother. On the way to the shop mobility, he was still rather upset about the whole ordeal but I apologised and said that there had been a miscommunication somewhere and it would be investigated to ensure to didn’t happen again. He was happy with this, and we got the wheelchair, and his mother was able to have her assessment in the ILC, the Shop Mobility also didn’t charge him for the hire of the chair.

I think this is a good example of partners working together to find solutions for people in difficult situations. There had obviously been a miscommunication, but we were able to resolve the issue and the Cared for was able to successfully have their assessment and no complaints were made. The situation could have easily escalated as the gentleman was quite frustrated and understandably just wanted the best for his Mother.

Page 9

Telford and Wrekin CVS

Young Carers Service Stats 2024-2025

Our service supports Young Carers ages 5-18, with the Inbetweeners service for 16-25's, to ease transitioning into the Adult Carers service. We support Young Carers to build their confidence, resilience, and reduce isolation through our Youth Clubs, holiday activities, groups and workshops with a compassionate approach. This is their space to have respite and build friendships, to help them feel heard and valued as young people with caring roles.

Our service also aims to advocate for the experiences of Young Carers by raising awareness and understanding in the community. Across the UK, 72% of schools recorded having no Young Carers, and 1 in 3 struggle to balance caring with education (School Census 2024). Our service is dedicated to increasing this awareness so Young Carers are more visible and able to access support that ensures they can equally access education as well as having caring roles.

This year, we have seen an increase in referrals coming from a wider variety schools, particularly Primary Schools. We have also seen an increase in the number of referrals and Young Carers who are Home Educated.

----- Start of picture text -----
Number of contacts
made
1532
182 referrals
----- End of picture text -----

----- Start of picture text -----
78 Activities
Planned
----- End of picture text -----

This year we....

----- Start of picture text -----
245 Outreach
Engagements
----- End of picture text -----

Young Carers Passport - ‘Nature’ themed

----- Start of picture text -----
Page 10
----- End of picture text -----

Telford and Wrekin CVS

CASE STUDY

Case study 1:

Recently started to work with a 11-year-old Young Carer AC, who struggles with social anxiety, which escalates at any new and unfamiliar situations and unknow people. This young carer has been with us since 2018 but disengaged in between due to her special need. Earlier this year following up an email where parent wants the child to get reengage with our services I have booked for one to one. This child is a quite girl, isolated as she does not like social groups and gathering. Encouraged her to come to our youth clubs. Initial few sessions one to one support was provided at the youth club. She is reluctant to sit together with other children at the art and crafts table. AC loves and origami is one of her favourites. AC did not feel confidence to participate with any of the activities that has been planned at our Youth Cub for a while. Always likes to sit separately, little further away from the group. Recently a positive change has been noticed. She started to engage with the activities, sat together with other children. AC has participated in making fortune taller and was more relaxed and confident within the youth club environment overall. It is good to see the slightest development in her and rapture she is developing with the staff.

Case study 2:

In April, I began working with a 15-year-old boy who is caring primarily for his Mum. At the time of the assessment, he was quite isolated from others his age as most of his friends were online, meeting through gaming websites. He also has low moods and anxiety, particularly with meeting new people and going to new places that also impacts his school experience, increasing feelings of isolation. Since then, he has been engaging with Youth Clubs regularly and has come to our half-term trip to the Sky Reach high ropes course.

In his first session, he mentioned he’d never come to something like Youth Club before and appeared hesitant to engage with others. Over the months he has been attending, it is evident to see his growth in confidence with both the other young people and staff. He has opened up more in conversations, talking through some difficulties he faces particularly with school and its emotional impact. He has since secured work experience in a place he really enjoyed that increased his motivation for the future. He has also forged a strong bond with another Young Carer who felt similar anxieties about starting Youth Club. They frequently play pool together and invite others to play with them. Their friendship goes beyond Youth Clubs, as they have each other’s phone numbers and said they will often text one another between sessions. This shows his support network has grown, finding friends who understand what he is going through that inevitably reduces isolation.

Page 11

Telford and Wrekin CVS

SENDIASS Service Stats 2024-2025

Telford and Wrekin SENDIASS is a statutory service providing an impartial, confidential information, advice and support service for parents carers children and young people 0-25 years with SEND to increase their confidence, knowledge and understanding on a wide range of SEND processes and enable them to participate fully, make informed decisions, express their views, wishes and feelings. SENDIASS ensures that the service is promoted amongst families, professionals, and the community to provide reach to as many families as possible within Telford and Wrekin.

----- Start of picture text -----
Number of contacts
made
1514
----- End of picture text -----

----- Start of picture text -----
444 Referrals
----- End of picture text -----

Telford SENDIASS adheres to the National IASS Minimum Quality Standards and has an Advisory Group to support the structure, governance and development of the Service.

This year we have seen an increase in the applicatons for EHC Needs Assessments and parent carers needing our support for appeals and tribunals.

----- Start of picture text -----
121 Activities
Planned:
----- End of picture text -----

This year we....

632 people met

----- Start of picture text -----
Page 12
----- End of picture text -----

Telford and Wrekin CVS

CASE STUDY

The parent had been receiving information, advice, and support from SENDIASS for over a year. The young person had been out of formal education for several years and had spent some time in an alternative provision. Due to heightened anxiety in large, noisy environments, the young person was unable to access a mainstream school. Following an annual review, the parent chose to appeal the decision to name a mainstream setting in their EHCP. However, due to the high demand for the tribunal service, the hearing date was set for a year later.

During this waiting period, I maintained regular contact with the parents, reaching out when necessary to answer any questions. I also assisted them in completing forms, as the parent had a learning need. The local authority (LA) consulted with several schools, but each time the settings advised they could not meet the young person's needs. This information was relayed to the parents and shared with the young person, which negatively impacted their confidence and well-being. The parents expressed to me that these ongoing rejections were causing the young person significant distress. As a result, the young person became reluctant to attend the alternative provision. The LA then provided a tutor, and over time, the young person developed a strong, trusting relationship with this tutor.

With the hearing approaching in just two weeks, the parents contacted me to express that they no longer wanted to pursue the appeal for a school placement. They shared that the emotional toll of trying to return to a school environment had been difficult, especially since every school decided they couldn’t meet the young person needs. Instead, they wished to focus on post-16 education options, such as college or other opportunities, while continuing the successful tutoring that had been beneficial for the young person.

I was able to advise the parents on the various options available to them if they decided to withdraw from the appeal, including the request for Education Other Than at School (EOTAS). They felt this would be the best option which was working exceptionally well for them as a family and most importantly the young person.

Although my day was already planned and included several calls, I recognised the urgent nature of this request and prioritised it and rearranged my planned work. I emailed two SEND officers to request an urgent phone call to discuss the parent's request. I was contacted almost immediately and managed to convey the wishes of the parents and the young person.

The SEND officer informed me that she would escalate this request and aim to get a response as quickly as possible. Within an hour, a response was received: the LA agreed to the parents' request. While there were still formalities to complete i.e. parties’ agreement etc. I was able to share this positive news with the parents. They were extremely happy, and they felt the stress of searching for a school fall away. They believed this was the best possible outcome for the young person. This case study demonstrates the flexibility and responsiveness work required of a case worker and the importance of effective communication with the LA SEND team

Page 13

Telford and Wrekin CVS

Telford Autism Hub Service Stats 2024-2025

The Autism Hub provides information, advice, and guidance to adults in the Telford and Wrekin area who are either awaiting an autism assessment or have received an Autism Spectrum Condition diagnosis. The Hub is responsible for processing both self-referrals and professional referrals, as well as managing the waiting list. Key responsibilities include:

----- Start of picture text -----
Number of contacts
made
1572
----- End of picture text -----

Number of ASD referrals

43 9

Number of Activities Planned

46 5

This year we....

Number of Outreach engagment 36 2

Page 14

Telford and Wrekin CVS CASE

STUDY

Client A, diagnosed with autism, learning difficulties, and mental health challenges, is an adult who has regularly attended the Adult Autism Hub’s weekly activities and monthly drop-ins for support. Client A has often indicated a desire to move from his current residence into supportive accommodation to receive consistent assistance from a support worker. On a recent wellness walk centred on social activity, Client A reported experiencing challenges at home and dissatisfaction with professional support. He expressed concerns about two Council employees, one being his Social Worker and stated that he believed they had not been truthful. Client A also communicated uncertainty about managing his anger around one of the workers and expressed apprehension regarding self-control in their presence. His feelings were acknowledged, and it was clarified that violent behaviour is not permitted. The importance of personal responsibility and potential consequences were discussed. Due to his emotional state, Client A indicated he would not attend the upcoming Adult Autism Hub Drop-in session because the Council Worker would be present.

After returning to the office, the situation was described to management, who contacted the Council to notify them of the concerns raised for staff safety. Management and staff implemented a plan for Client A’s possible attendance at the drop-in, which involved addressing him prior to entry, setting behavioural expectations and boundaries.

On the day of the drop-in, Client A arrived early. Staff informed management and followed their established plan by meeting with Client A in the management office. His concerns were acknowledged, and it was reiterated what behaviours were expected within the premises. It was explained to Client A that inappropriate conduct would result in removal from the building. Staff also communicated to Client A that the Council worker would be informed of his wish to speak and that staff would be present during the conversation.

During the subsequent meeting, Client A expressed his perspective and described feeling disappointed by the Council worker. When necessary, explanations were provided in accessible language to ensure understanding between both parties. The meeting concluded with Client A gaining clarity about the Council worker’s role and next steps, including regular updates regarding his case, regardless of whether progress had occurred. Both parties expressed appreciation for the support provided during the discussion.

Page 15

Telford and Wrekin CVS

Telford Children’s Autism Hub Service Stats 2024-2025

Our service supports children and young people aged 0-18 with autism, empowering them to lead active lives by celebrating their unique strengths. We are committed to reinforcing parental confidence and knowledge to help children flourish. We provide a meaningful service to the whole of Telford & Wrekin. Our impact spans the localities of Wrekin, Lakeside South, Hadley Castle and Newport.

----- Start of picture text -----
Number of contacts
made
1321
----- End of picture text -----

----- Start of picture text -----
193 Referrals
----- End of picture text -----

Telford Children’s Autism Hub is a relatively new offer in Telford and Wrekin. We have identified the increase of children awaiting an assessment require support and therefore the service specification has transformed to make this improvement. The whole family approach is a holistic delivery which aims to unite families.

67 Activities Planned

This year we have:

41 Outreach engagments

Page 16

----- Start of picture text -----
Telford and Wrekin CVS
CASE
STUDY
----- End of picture text -----

Age at Registration: 13 years

Overview

Following a diagnosis of autism in July 2022, this young person was registered with the organisation in October 2023 at the age of 13. From initial observations, they presented as reserved and hesitant in social environments, largely relying on their parent as a source of comfort and primary interaction. Since joining the organisation, the young person has been actively involved in three core programs: DUGOUT, Quiet Chess Group, and Elevate Youth, each contributing uniquely to their personal development, social integration, and skill acquisition.

In November 2023, the young person attended DUGOUT for the first time. Initially, they were quiet and cautious in the new environment, choosing to stay close to their parent and participating only in games such as pool and board games. A major turning point came during a cake-decorating activity, where, for the first time, they chose to sit with others, fully engaging in both the creative process and the joy of working alongside peers. This marked a shift in their comfort level, and since then, they have increasingly taken part in group activities and shown a willingness to engage in conversations with staff when encouraged. Their confidence in social settings has noticeably improved, and they now appear more relaxed and open within the DUGOUT environment. For the parent, witnessing their child’s newfound comfort and interaction brought both pride and reassurance.

The Quiet Chess Group, launched on 26th July 2024, provided another opportunity for growth. At first, the young person was task-oriented, focusing entirely on the game of chess with little social interaction. Over time, however, the nature of the sessions evolved from purely competitive to social and collaborative. They began to interact more with their peers, sharing jokes, banter, and building friendships based on a shared interest in chess. Their confidence grew, and they began helping new members settle in by sharing strategies and offering encouragement. They became an integral part of the group — a role model and a friend. Meanwhile, the parent benefited from the opportunity to connect with other parents during the sessions, creating a supportive space to share lived experiences and advice while their child enjoyed the chess sessions.

On 22nd August 2024, the young person also began attending Elevate Youth, joining the “Independence Me” program — an eight-week course designed to support autistic young people in building essential life skills and combating social isolation. Funded by Make a Change, the program covered practical areas such as cooking, completing a food safety course, personal hygiene and sexual health education, financial literacy, career planning, and cycling. They took part in all sessions with growing enthusiasm and showed a strong willingness to learn and engage. These sessions provided them with not only practical skills but also a sense of achievement and selfworth.

In December 2024, they attended the organisation's all-age Christmas party, a sign of their increased confidence in larger social gatherings. The parent expressed immense pride in their child’s growing independence and found reassurance in their ability to navigate everyday challenges more confidently.

Since registration, this young person has shown significant and inspiring development. From initial hesitance and social withdrawal to becoming an engaged, social, and increasingly independent individual, their journey highlights the positive impact of a supportive and inclusive environment. They have made visible progress emotionally, socially, and practically. Emotionally, they are more confident and resilient. Socially, they have moved from reserved observation to active participation and even leadership among peers. Practically, they have gained valuable life skills that will support their journey into adulthood.

Page 17

Telford and Wrekin CVS

Wellbeing Community Cafe Service Stats 2024-2025

Wellbeing Madeley’s Community Café continues to be a vital not-forprofit space at the heart of the community, offering a warm and welcoming environment for all. A key focus is reducing social isolation by providing a safe, inclusive setting where people feel heard, valued, and supported. All of our Café Coordinators are trained Autism Champions, with specialist knowledge in neurodiversity and the skills to respond thoughtfully to a wide range of needs. They are also confident in signposting individuals to appropriate services, ensuring visitors can access further support if needed. For many, simply having a chat in a relaxed, understanding space makes a meaningful difference to their wellbeing.

This year...

Number of Transactions

1887

Externally Catered For

444

Amount of Pay it Forward

£288

Page 18

Number of Activities

108

Telford and Wrekin CVS

CAFE CASE STUDY

Over the last quarter, the Pay It Forward scheme has been utilised by numerous individuals, each with their own story of hardship. A particularly moving example occurred in early April when two homeless individuals, living in a tent, visited the café for support. They were welcomed with hot meals—one of their first proper meals in months.

The female guest was also able to make use of the café’s free sanitary products and personal hygiene options available in the toilets. She washed her hair and left saying she felt like a "new woman." Both individuals departed not only with full stomachs but also with renewed spirits, having taken part in the café’s book swap before leaving.

This story is just one of many that highlight the essential nature of the Pay It Forward scheme and the café’s wider commitment to supporting vulnerable members of the community in a non-judgmental, welcoming environment.

Page 19

Telford and Wrekin CVS

Wellbeing Independence Partnership

The Wellbeing Independence Partnership is an Information, Advice and Guidance service which supports all residents across the Telford and Wrekin locality. Telford and Wrekin CVS deliver this as part of a consortium with two other charities: Taking Part and Age UK. This is a First Point Of Contact offer supporting the statutory Adult Social Care services to focus on their delivery.

There have been over 4000 First Point Of Contact (FPOC) phone calls answered this year. Each one of these have involved listening, supporting and signposting the caller to ensure the outcome appropriately meets their needs.

Where complexities have been identified FPOC staff have provided a tiered approach. Referring into Taking Part for enquiries relevant to under 65's and for those over 65 Age UK have supported the Tier 2 offer.

Our Reach

----- Start of picture text -----
Telford and
Wrekin CVS
----- End of picture text -----

----- Start of picture text -----
Page 20
----- End of picture text -----

Telford and Wrekin CVS

Plans for the Future

Looking forward to the opportunities ahead of them over the next 12-15 months, TWCVS will:

Members at the AGM on 2[nd] April 2025 approved the appointment of D.R.E & Co. (Audit) Limited.

Page 21

vs Telford and Wrekln CVS STATEMENT OF TRUSTEES, RESPONSIBILITIES The tTUSte¢s (who are also the directors of Telford and Wrekin Council for Volunthry Service for the purposes of company law) are responsibl¢ for preparing the Report of the Trustees and the financial slalements in accordance with applicable laiy and United Kingdom Accounting Standards (United Kingdoin Generally Accepted Accounting Practice). Company law requires th¢ trustees to pr¢par¢ finan¢iHI statements for each financial year which give a ttue and fair view of the slate of affairs of the charitable company and of the incoming resources and appli¢ation of resources. including the income and ¢xp¢nditur¢. of the charitable company for that period. In preparing those financial Slalemenls, the trustees are required to Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charity SORP. Make judgements and estimates that are reasonable and Prudent. Prepare Ihe financial statements on the going ¢oncern basis unless it is inappropriate to presume that the charitable company will continue in business The twstees are responsible for keeptng proper accountin8 records which dis¢los¢ with reasonable accuracy at any time the financial position of the charitable company and lo enabl¢ them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for s8f¢guarding th¢ assets of the ¢haritable company and lience for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are &ware: There is no relevant audit inforn)ation of which the charithble company's auditor8 a unaware. and The truste¢s hav¢ taken all steps that they ought to have taken to make themselves aware of any relevanl audil inf0rn181ion and to ¢slablish that the auditors are aware of that infom)alion. AUDITORS The auditors. D.R.B. & Co. (Audit) Limited, will b¢ propos¢d for re- appointment at the forthcoming Annual General Meetin8. Approved by order of the board of trustees on and signed on ils behalf by.. V Briss¢tt- Trust¢e PaBe 22 OC4 VS --ryIFORD ¢HIIDREII% AUTISM HUB carers AUTISM HUB

REPORT OF THE INDCI PENDENT AUDITORS TO THE TRUSTEES OF TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE Opinioii We liave audited th¢ financial $tat¢ments of Telford and Wrekin Council for Voliintary Service (the'eharitsble ¢oinp&iiy'} for th¢ y¢ar ¢nd¢d 31 March 2025 iwliich eomprise ilie st8teii)ent of Financial Activities, Ilie Balance Sheet, tlie Cash Floiv Staleinent and notes to the finAncial stalen)ents, iiicluding a suiI)Inary of significant accounting policies. The financial reporting frai￿e1¥O1k that has been applied in their preparation is applicable laiv and Unii¢d Kingdotn A¢¢iMinting Siandards (Uiiited Kingdoin Geiierally Ace¢pted A¢¢oiintiiig Pia¢ti¢e). In our opinion the financial statements.. give a true and fair viem, of th¢ stat¢ of the charitable co]npan￿5 affairs as at 31 March 2025 and of its incoining resources at)d application of r¢sources, includiiig its income and expendittire, for the year then ended. Iiave beeli propei'ly prepared in accordance ivith Uiiited Kingdoix Generally Accepted Accoiinting Pi2ctice' and have been pr¢paied iii a¢¢ordanc¢ witli the requireineiits of tlie Coiiipanies Act 2006. B%si5 for opiiiioii We conducted our aiidit in accordftnce ivith InteTnational Staiidards on Aiiditiiig (UK) (ISAS (UK)) and applicable laiy. Oiir responsibilitles undeT those Standards are fiiril)er described iii Ihe Auditors. re5ponsibilitie5 for the aiidit o( ¢lie financial stateiiients sectioii of our report. We ate ind¢p¢Dd¢nl of the Charitable coinpany iii occoI'daii¢e iyith the ethical reqiiireiments Iliat are relevant lo oiir audit of the fiiiancial stateinents in the UK, iiicliidii)g tlie FRC'S Ethical Staiidard, aiid ive have fulfilled oiir other etliical I'esponsibilities in Aceordttnce ivitli tliese rcqiiii'eiiients. We believe that Ilie aiidit evidence we have obtained is sutTicieni aiid appropriate to PToYide a basi5 for oiir opinioii. CoiieliisÉuiJ5 relalliig to goSiig coiic¢rn In auditing the fiiiancial slateinents, we have coneliided that the tNstees' 115e of the going con¢ern basis of accoiinting iii the preparation of tlie financial statements is appropriate. Based on the ivork iv¢ have perfOn￿¢d, Ive Iiuve nol identified any Inateriil iincertainties relaling lo events or condilions that, individuolly or collectively, Inay cast significant doiibi on the charitable eoinpany's ability to continu¢ as a going conc¢rn for a period of at least hvelve inonth5 from ivhen the financial stateinents are authorised for issue. Our responsibiliiies and the responsibilities of the trysl¢¢s ivitli respect to going concern are described iii the relevant sections ofthis report. Olljer infornialioii The trustees are responsible for the other ii)foimalion. The other inftbrmation eomprises the iiiforjnalion incliided in thc Aiintittl Report, otheT thon tli¢ fiiiancial statemeiits aiid our Report of tlie Indepeiideiit AiiditOTS iliereoE]. OIEr opinion on th¢ fJBancial slateinents doe5 1101 coyer the other inforinalion and, exeept to the extent oilienvise explicitly 51a¢ed ill oiii. ieport, we do not expre95 any form of assiirance conclusion thereon. Iii contiection ivith our aiidit of the fiiiancial stateinents. our respoiisibility is to read the other infom)alion And, in doiiig so, coiisider ivheiher tlie oth¢r infonllatioii is mat¢i'rally in¢onsisteiit iviih tlie finaiicial slateinents or our knoivledge obtained iii the audit or oil)¢TiYis¢ appears to be illaterially Inisstated. If ive identify Slich iiialerial inconsistencies or apparent 11)aterial misstateinents, Ive are reqiiired to deterinine ivhether tliis gives rise to a i]Traterial misstaleiiieiit in the finaiicial st1( temeiils tliemselves. If, based on th¢ iYOTk ive have p¢rforined, Ive coiiclude that there is a Inaterial Inisstateinent of ihis other ii)foriiiation, we are required lo report that fact. We hav¢ iioihing to i'eporl ill this regard. Matter5 on whicli ￿'e Ri'e I'equired to I'eport by exeeptloii We have noiliing to ieport in respccl of the folloiving I￿atterS ivhere the Charities (Accoui?ts and Reports) Regulations 2008 requires us to r¢port to yoii if, iii our opinion: the iiiforination given in the Report of the Trustees is inetsiisistent any material respect with the financial stateinent5,' or the charitable cot)ipany h28 not kei?t adcquatc occoijnling records. or the financial 5tareiiients are not in agreeii)ent ivith tlie accoiinling r¢cords and r¢ttirns- or Ive have ntst reeeived all the infonnalion and explaiiations lye Tequire for our audit. Page 23

REPORT OF THE INDEPENDEINT AUDITORS TO THE TRUSTEES OF TELFORD A D WREKIN COUNCIL FOR VOLUNTARY SF.RVICF. Respoi)sibillties of trusfees As explained It)ore fiilly in the SiateiMent of Tnistees, Responsibilities, the trustees (iyho are also lh¢ directoys of the charitable company for tli¢ piirpo%cs of compan), laiv) arc responsible for the preparatioi) of the fii)ancial stateinenls and for being satisfied that tliey give a true aiid fair vteiv, and for intci'rtal control as Ilie trustees deiemiine is necessary to eiiabl¢ the preparatio￿ of finaNri2151atetnet)ts that are free from Ill&terial IiiisSt&teinent, Ivheiher due to fraud or error. In preparing the financial slatel￿ents, (he triislees are responsible for assessing ihe charitable Company's ability to coiilinue as a goittg eoncerrt, disclosing, as applicable, matters relaied to going concei'n and using the going concern basis of a¢coufjting iiiiless th¢ trustees eitlier intend to liqiiidate the charitable coimpany or ro ce&se operations, or have no realistic alternative but to do so. Page 24

RCI PORT OF THE INDLI VLNDENT AUDITORS TO THF. TRUSTF.ES OF TV.LFORD AND WREKIN COUNCIL FUR VOLUNTARY SERVICF, Our rt5POrtsibilities for the Audit of Ilie fin&nciRI Slat¢￿t￿lt% We have beeii appointed as auditors under Section 144 of ihe Cliaritl¢s A¢1 2011 and iewrt in accord2ne¢ ivith the Act aAd relevant r¢&iilalions Inade or haviiig effect tli¢reunder. Our objectives are to obtaiii reasonable a55uran¢¢ about ivheil7er tlie fiiiaiicial stateinents as a ivhole are fre¢ fro1￿ material Inisstat¢illent, Ivhether diie to fraiid or em)I', alld to is$￿¢ a Report of the Indepeiideiit Auditors that includes oiir opinioii. Reasonable assiirance is a high level of ass￿ranCe, but is not a giiaranle¢ that ali audit coiiducled Èn 8ceordanee with ISAS (UK) Ivill alivays detect a iiiaterial Inisstateinent ivhen it exi&ts. Misstatenients can arise froin fraud or error and are considered Inatei'ial if. iF)dividually or in the aggregate, tliey eoiild reasonably be expected io infliieiice the ccono1￿1¢ decisions of Llsers taken on the basis of thes¢ finan¢ial stalements. The exieiit to whicli our procedures ar¢ capable of detecting irregularities, in¢ludiiig fvaud is detailed beloiv.. the engageinenl partner ¢llsur¢d I112t tlic engagement teain colle¢liv¢ly had the appropriate ¢oiiipet¢n¢¢. capabilities &iid skills to identify or recognise non-coinpliance ivith applicable laivs and regulations., Ive identified the laivs and regulations applicabl¢ to the eoinpany through dis¢ussioiis iviih directors and other inanagement, and fi'oin oiir coiiiiii¢i'¢ial knoivledge aiid experience of tlie Care and siippoit sector., Ive r￿lIs£d on spe¢ifr¢ laiv5 and regulalions ivhich we considered tnay have a direct nialeri81 effeet on the finan¢ial stateinents or ihe operations of the company. including tlie Coinpanie$ A¢t 2006, Charity SORP {FRS102), en)ployrnent, environmental and health and safely legislation. Ive assessed tlie exl¢nt of coinpliaiice ii'iih ihe laws and regulations ideiitified abov¢ through Inaking enoiiiries of Inanagement., and identified laivs aiid regvlations ivere coillmunieated ivitliin the audit t¢am regularly and th¢ lea]￿ remained alert to instances of non-¢oinpliaiice Ihrougliout the aiidit. W¢ assessed the susceptibility of the company's financial statements to inaterial misstatemeiit, in¢luding obtaining an Iiiiderstaiiding of Iioiy fraud Iniyjit occur, by.. I￿aking enquiries of ma#ageinei)i as to their knoiyledge of actual, suspected and alleged fraud- and To address the risk of fraud through niai)agemeiit bias and ov¢rrid¢ of coiitrols, Ive.. p¢rformed at)alytical procediires to identify any iinusual or unexpecled relationships. l¢sl¢d joumal entries to identify ui)USEial tTaiisa¢tions; iiivestigated the rationale behind signifiranl or uiiusiiol transactioiis. In response to tlie risk of irregiilaritses aiid iion-compliaiice ivith laivs attd regiilations, we designed procedures ivhi¢h included, but iv¢re not limited to: agreeiijg finaneial statement disclosures ¢0 underlying supportiiig dociinientalion; r¢adiiig Ilie Ininutes of n)e¢tings of those charged ivith governance,. enqiiiring of Inanagenieiit as to a¢iuo1 at)d potential litigation and elAiins,' Page 25

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TELfiORD AND WREKIN COUNCIL FOR VOLUNTARY SLRVICE Tliere are inhei'¢nt limitations in our audit pro¢edures described above. The niore reinoved that laivs and regiilations are froni financial transactions, th¢ l¢ss likely it is ihai ive ivould becoime aiyare of non-coittplian¢e. Aiiditing standards also liit)it the aitdit pi'ocedures r¢quir¢d to identify non-coii)plian¢¢ iyith laiys and re8ulatÉon5 to enq￿lry of the directors aiid other tnanag¢n)ent and the inspection of regulatory and legal correspond¢n¢¢, if any. Material 11)isst8ten)ehis that arise due to fraiid ¢an be harder lo detect tlixn those tliat arise from error as they may involve deliberate Concealment or collusion. A fiirther de5cripLion of our respoiisibilities for the aiidit of the financial statein¢nts is located on the Financial Reporting Colincil's ivebsite at wI￿V.fre.0rg.&ik1aUditOrs￿espOnSibl1Itieg. This de5¢ription forins pari of our R¢port of the Independent Auditors. Use of our report 'rhis repoi'l is made sol¢ly to the chai'itable COlliPAAy'S trElStees, as a body, in a¢¢ordance ivitli Parl 4 of the Charitie5 (Accoll￿15 and Reports) Regiilations 2008. Oiir audit iyork has been iindcrtakeii so tliat ive i￿}ght stile to the charitable coinpany's triistees those 11)atters li'e are reqiiired to stale io iheii) in an aiiditors, report and for iio other purpose. To the Ilest extent peri￿Itted by IHIV, Ive do not ttc¢ept or a55uine re5POI)sibility to anyone other than the charitable cojnpany aiid the charitable coinpaiiy's trnislees as A body, for our aiidit ivork, for this report, or for tlie opinions we have formed. JIckL(AJ,i) Lij. D.R.E. & Co. (Audit) Liimited Eligible to a¢t as an audilor in terms of Section 1212 of the CoinpaTri¢s Act 2006 7 Loiver Brook Street Osiyestry Sliropshire SYI12HG Sept¢iMber 2025 Page 26

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Notes
INCOME AND
ENDOWMENTS FROM
Contract income
2
Fundraising activities
3
Investment income
4
Other income
5
Total
EXPENDITURE ON
Raising funds
6
Charitable activities
7
Voluntary services
Total
Net gains on investments
NET
INCOME/(EXPENDITURE)
Transfers between funds
19
Net movement in funds
RECONCILIATION OF
FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
funds
£
127,534
9,594
24,737
3,241
165,106
4,852
160,239
165,091
10,708
10,723
(10,149)
574
349,031
349,605		 Restricted
funds
£
775,874
11,600
4,988
421
792,883
1,194
844,384
845,578
2,636
(50,059)
9,711
(40,348)
530,049
489,701		 Endowment
funds
£
-
-
3,081
438
3,519
1,418
-
1,418
3,129
5,230
438
5,668
269,721
275,389		 31.3.25
Total
funds
£
903,408
21,194
32,806
4,100
961,508
7,464
1,004,623
1,012,087
16,473
(34,106)
-
(34,106)
1,148,801
1,114,695		 31.3.24
Total
funds
£
815,173
17,726
29,027
4,714
866,640
6,842
956,366
963,208
67,822
(28,746)
-
(28,746)
1,177,547
1,148,801

The notes form part of these financial statements

Page 27

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

BALANCE SHEET

31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
14
Investments
15
CURRENT ASSETS
Debtors
16
Cash at bank and in hand
CREDITORS
Amounts falling due within one
year
17
NET CURRENT ASSETS
TOTAL ASSETS LESS
CURRENT LIABILITIES
PENSION LIABILITY
20
NET ASSETS
FUNDS
19
Unrestricted funds
Restricted funds
Endowment funds
TOTAL FUNDS		 Unrestricted
funds
£
10,984
652,719
663,703
30,172
(243,645)
(213,473)
(94,911)
(308,384)
355,319
(5,713)
349,606		 Restricted
funds
£
1,927
27,325
29,252
292
460,156
460,448
-
460,448
489,700
-
489,700		 Endowment
funds
£
-
324,140
324,140
347
(49,098)
(48,751)
-
(48,751)
275,389
-
275,389		 31.3.25
Total
funds
£
12,911
1,004,184
1,017,095
30,811
167,413
198,224
(94,911)
103,313
1,120,408
(5,713)
1,114,695
349,606
489,700
275,389
1,114,695		 31.3.24
Total
funds
£
16,651
1,019,904
1,036,555
20,748
243,029
263,777
(149,059)
114,718
1,151,273
(2,472)
1,148,801
349,031
530,049
269,721
1,148,801

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.

The trustees acknowledge their responsibilities for

These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.

The notes form part of these financial statements

continued...

Page 28

TELfiORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE BALANCE SHEET- c IMAR These financial statements have been prepAred in accordance with the provisions Applicable to ch8rilabl¢ cornpanies subject to the small companies regime. The fi ancial stat¢m¢nts were approved by the BoArd of Thist¢es and authorised for issue and were signed on its behalf by.. on V Brissett- Trustee The notes fomi part of th¢5¢ financial statem¢nts Page 29

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Finance costs paid
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
Net cash provided by/(used in) investing activities
Cash flows from financing activities
Income attributable to endowment
Expenditure attributable to endowment
Net cash provided by financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 31.3.25
£
(135,571)
(5,661)
(141,232)
(1,485)
(149,730)
181,924
32,806
63,515
3,519
(1,418)
2,101
(75,616)
243,029
167,413		 31.3.24
£
(61,509)
-
(61,509)
(1,037)
(257,431)
228,218
29,027
(1,223)
5,331
(1,300)
4,031
(58,701)
301,730
243,029

The notes form part of these financial statements

Page 30

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
Net expenditure for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Gain on investments
Interest received
Finance costs
Income attributable to endowment
Expenditure attributable to endowment
Movement in pension liability
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash used in operations		 31.3.25
£
(34,106)
5,225
(16,473)
(32,806)
5,661
(3,519)
1,418
3,241
(10,063)
(54,149)
(135,571)		 31.3.24
£
(28,746)
6,530
(67,822)
(29,027)
-
(5,331)
1,300
(2,821)
19,064
45,344
(61,509)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 243,029 (75,616) 167,413
243,029 (75,616) 167,413
Total 243,029 (75,616) 167,413

The notes form part of these financial statements

Page 31

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.

The financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

Company status

The charity is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Income

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

Income from government and other grants, whether 'capital' grants or 'revenue' grants is recognised when the charity has entitlement to the funds, and performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

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

Grants payable are charged in the year when the offer is made except in those where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

Allocation and apportionment of costs

Invoiced costs and staff time are directly allocated to the fund to which they relate.

Management time is recharged on a pro rata basis based on the levels of staff costs attributed to each fund.

Fixed assets

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter:

Office equipment - 10%, 33% and 37.5% straight line
Fixtures and fittings - 33% straight line

Investments

continued...

Page 32

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Fixed assets

Investments are stated at market value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Operating leases

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

Pensions

The charity operates a defined benefits pension scheme. The scheme is a multi-employer scheme where it is not possible, in the normal course of events, to identify on a consistent and reasonable basis, the share of underlying assets and liabilities belonging to individual participating employers. Therefore, as required by paragraph 28.11 of FRS 102, the charity accounts for this scheme as if it was a defined contribution scheme. The amount charged to the Statement of Financial Activities represents contributions payable to the scheme in respect of the accounting period.

Financial instruments

The charity has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including trade and other debtors and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

continued...

Page 33

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Financial instruments

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party, or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Fees paid on the establishment of loan facilities are recognised as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the draw-down occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalised as a pre-payment for liquidity services and amortised over the period of the facility to which it relates.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

2. CONTRACT INCOME

CONTRACT INCOME
Contracts
Donations
Services
Grants		 31.3.25
£
717,009
109,453
20,237
56,709
903,408		 31.3.24
£
683,683
109,575
6,484
15,431
815,173

Included within donations is £110,130 (2024: £109,575) which relates to the value of donated facilities in respect of discounted rent and service charges on the offices and other rooms used by the charity.

continued...

Page 34

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

3.
FUNDRAISING ACTIVITIES
Fundraising events
4.
INVESTMENT INCOME
Deposit account interest
Investment income
5.
OTHER INCOME
Service charges received
Other incoming resources
6.
RAISING FUNDS
Investment management costs
Portfolio management
7.
CHARITABLE ACTIVITIES COSTS
Voluntary services
8.
GRANTS PAYABLE
Voluntary services		 Direct
Costs
£
758,117		 Grant
funding of
activities
(see note
8)
£
3,800		 31.3.25
£
21,194
31.3.25
£
4,499
28,307
32,806
31.3.25
£
465
3,635
4,100
31.3.25
£
7,464
Support
costs (see
note 9)
£
242,706
31.3.25
£
3,800		 31.3.24
£
17,726
31.3.24
£
964
28,063
29,027
31.3.24
£
3,914
800
4,714
31.3.24
£
6,842
Totals
£
1,004,623
31.3.24
£
1,000

continued...

Page 35

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

9. SUPPORT COSTS

Management
£
Voluntary services
234,147
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets
Hire of plant and machinery
Other operating leases		 Governance
Finance
costs
£
£
375
8,184
31.3.25
£
8,184
5,225
799
2,035		 Totals
£
242,706
31.3.24
£
7,999
6,529
1,157
3,623

10. NET INCOME/(EXPENDITURE)

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 31.3.25
£
624,721
29,861
16,194
670,776		 31.3.24
£
558,129
25,195
14,891
598,215

The average monthly number of employees during the year was as follows:

31.3.25
Administrative
6
Service delivery
26
32		 31.3.24
7
22
29

The average number of full-time equivalent employees (including casual and part-time staff) during the year was 19.96 (2024: 17.79).

No employee received emoluments in excess of £60,000.

Total key management personnel remuneration was £251,381 (2024: £221,131).

continued...

Page 36

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Contract income
121,370
693,803
Fundraising activities
7,406
10,320
Investment income
19,204
4,492
Other income
1,242
3,472
Total
149,222
712,087
EXPENDITURE ON
Raising funds
4,447
1,095
Charitable activities
Voluntary services
189,696
766,670
Total
194,143
767,765
Net gains on investments
44,084
10,852
NET INCOME/(EXPENDITURE)
(837)
(44,826)
Transfers between funds
6,081
(6,081)
Net movement in funds
5,244
(50,907)
RECONCILIATION OF FUNDS
Total funds brought forward
343,782
580,961
TOTAL FUNDS CARRIED FORWARD
349,026
530,054
Endowment
funds
£
-
-
5,331
-
5,331
1,300
-
1,300
12,886
16,917
-
16,917
252,804
269,721		 Total
funds
£
815,173
17,726
29,027
4,714
866,640
6,842
956,366
963,208
67,822
(28,746)
-
(28,746)
1,177,547
1,148,801

continued...

Page 37

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. TANGIBLE FIXED ASSETS

Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 April 2024
-
59,289
Additions
1,039
446
At 31 March 2025
1,039
59,735
DEPRECIATION
At 1 April 2024
-
42,638
Charge for year
-
5,225
At 31 March 2025
-
47,863
NET BOOK VALUE
At 31 March 2025
1,039
11,872
At 31 March 2024
-
16,651
15.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2024
Additions
Disposals
Revaluations
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
The split of investment assets between UK and non-UK is as follows:
2025
£
UK investment assets
394,904
Non-UK investment assets
609,277
1,004,181
The charity had the following material investments:
2025
£
JANUS HENDERSON FIXED INTEREST MONTHLY INCOME FUND FQ INC
-		 Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 April 2024
-
59,289
Additions
1,039
446
At 31 March 2025
1,039
59,735
DEPRECIATION
At 1 April 2024
-
42,638
Charge for year
-
5,225
At 31 March 2025
-
47,863
NET BOOK VALUE
At 31 March 2025
1,039
11,872
At 31 March 2024
-
16,651
15.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2024
Additions
Disposals
Revaluations
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
The split of investment assets between UK and non-UK is as follows:
2025
£
UK investment assets
394,904
Non-UK investment assets
609,277
1,004,181
The charity had the following material investments:
2025
£
JANUS HENDERSON FIXED INTEREST MONTHLY INCOME FUND FQ INC
-		 Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 April 2024
-
59,289
Additions
1,039
446
At 31 March 2025
1,039
59,735
DEPRECIATION
At 1 April 2024
-
42,638
Charge for year
-
5,225
At 31 March 2025
-
47,863
NET BOOK VALUE
At 31 March 2025
1,039
11,872
At 31 March 2024
-
16,651
15.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2024
Additions
Disposals
Revaluations
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
The split of investment assets between UK and non-UK is as follows:
2025
£
UK investment assets
394,904
Non-UK investment assets
609,277
1,004,181
The charity had the following material investments:
2025
£
JANUS HENDERSON FIXED INTEREST MONTHLY INCOME FUND FQ INC
-		 Totals
£
59,289
1,485
60,774
42,638
5,225
47,863
12,911
16,651
Listed
investments
£
1,019,904
149,730
(179,338)
13,888
1,004,184
1,004,184
1,019,904
2025 2024
£ £
394,904 484,198
609,277 535,706
1,004,181 1,019,904
2025 2024
£ £
- 20,318

continued...

Page 38

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

15. FIXED ASSET INVESTMENTS - continued

JUPITER UNIT TRUST MANAGERS LTD JUPITER GLOBAL STRAT BOND X
GBP DIS 20,605 21,228
TWENTYFOUR INVESTMENT FUNDS CORPORATE BOND I GBP DIS 29,277 29,629
LIONTRUST FUND PARTNERS LLP LIONTRUST SPECIAL SITUATIONS I
GBP DIS 18,629 19,608
VANGAURD FUNDS PLC S&P 500 UCITS ETF INC GBP 34,028 33,055
SCHRODER UNIT TRUSTS LTD SCHRODER ASIAN INCOME L INC 16,283 16,315
BNY MELLON GLOBAL FUNDS PLC SHORT-DATED HIGH YIELD BD Z GBP
DIS HGD 13,143 15,416
NINETY ONE FUND SERIES I DIVERSIFIED INCOME J 2 GBP 23,152 23,216
FEDERATED HERMES ASIA EX JAPAN EQ F2 GB 16,626 15,249
VANGAURD INVESTMENTS DUNDS ICVC VANGAURD US EQTY IDX
INSTL PLUS GBP DIS 26,766 39,273
ISHARES II PLC USD TIPS UCITS ETF GBP DIS 22,967 22,733
MORGAN STANLEY IF ASIA OPPORTUNITY J USD ACC 13,745 11,645
BAILLIE GIFFORD OSEAS GTH FDS ICVC BAILLIE GIFFORD AMERICAN
FUND W1 DIS 14,371 13,531
FIDELITY UCITS US QUALITY INCOME UCITS ETF INC USD 16,294 16,286
TROJAN INVESTMENT FUNDS TROJAN X DIS 31,625 30,155
BLACKROCK FUND MANAGERS LTD BLACKROCK EUROPEAN DYNAMIC
FD DIS 13,287 14,231
BLACKROCK STRATEGIC FUNDS SIVAC BLACKROCK EMG COS ABS RTN
S2 GB 12,122 14,572
PREMIER MITON INVESTMENT FUNDS 3 PREMIER MITON EUROPEAN
OPPS B ACC 10,076 19,349
JPMORGAN FUND ICVC JPM GLOBAL MACRO OPPORTUNITIES C NET DIS - 21,107
MI SELECT MANAGERS BOND INSTL DIS 44,983 44,848
ROBECO CAPITAL GROWTH FUNDS SIVAC ROBECOSAM GLOBAL SDG
CREDITS IH GBP - 23,076
BNY MELLON GLOBAL FUNDS PLC BNY MELLON US EQUITY INCOME E
GBP DIS 18,513 22,866
LINK FUND SOLUTIONS LTD GRESHAM HS UK MUL CAP F INC 16,617 17,699
JPMORGAN LIQUIDITY FUNDS SCAV GBP LIQUIDITY LVNAV E DIS 12,700 22,700
UNITED KINGDOM (GOVERNMENT OF) 5% SNR BDS 07/03/2025 GBP1000 - 18,336
UNITED KINGDOM (GOVERNMENT OF) 4.5% GILT BDS 07/09/2034
GBP1000 14,391 9,468
MAN FUNDS PLC GLG GLOBAL INVESTMENT GRADE OPPORTUNITIES 40,900 39,024
BANK OF AMERICA 6Y UKX SPX 8.4% INCOME AUTOCALL 25,090 25,603
SCHRODER INVESTMENT FUND COMPANY SCHRODER EUROPEAN
RECOVERY Q1 GBP DIS 12,610 12,353
ALPHABET INC CAPITAL STOCK USD0.0001 CL A 12,099 12,064
INTERCONTINENTAL EXCHANGE INC COM USD0.01 12,026 12,507
VISA INC COM STK USD0.0001 'A' 14,388 11,705
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS 'B' 15,264 12,313
MAN FIXED INTEREST ICVC MAN HIGH YLD OPPS PROFESSIONAL D DIS 20,818 -
AMAZON COM INC COM USD0.001 13,264 -
ISHARES PHYSICAL GOLD ETC USD (GBP) ACC 33,656 -
BLUEBAY FUNDS IMPACT ALIGNED BOND GBP HGD DIS 23,843 -
UNITED KINGDOM (GOVERNMENT OF) 4.25% SNR BDS 07/06/2032
GBP1000 12,717 -
MICROSOFT CORP COM USD0.00000625 11,341 12,985
JUPITER UNIT TRUST MANAGERS LTD JUPITER JAPAN INCOME
U2 GBP DIS 10,185 14,263

If fixed asset investments had not been revalued they would have been included at the historic cost of £969,749.

continued...

Page 39

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income		 31.3.25
£
20,192
10,619
30,811
31.3.25
£
5,370
10,366
14,552
685
63,938
94,911		 31.3.24
£
1,947
18,801
20,748
31.3.24
£
16,070
8,776
13,256
763
110,194
149,059

Included within accruals and deferred income is £53,825 (2024: £74,961) in respect of deferred income. This all relates to grant income received in advance of the year end for services to be provided after the year end.

18. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25 31.3.24
£ £
Within one year 44,020 44,705
Between one and five years 24,832 55,028
68,852 99,733

continued...

Page 40

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS

Unrestricted funds
General Fund
Employment Reserve
Restricted funds
All Age Carers Service
IASS Telford
Young Carers
Grassroots Endowment Income
Adult Carers Reserve
Telford Autism Hub
IASP
Community Cafe
Independent Living Centre
Children and Young People Autism Hub
Endowment funds
TDC Endowment Fund
Grassroots Endowment Fund
TOTAL FUNDS		 At 1.4.24
£
246,538
102,493
349,031
303,836
21,822
58,823
20,952
53,750
43,472
18,536
4,952
-
3,906
530,049
136,376
133,345
269,721
1,148,801		 Net
movement
in funds
£
10,724
-
10,724
(63,093)
(14,889)
(14,377)
3,165
(856)
13,206
1
5,877
9,712
11,194
(50,060)
5,230
-
5,230
(34,106)		 Transfers
between
funds
£
(23,779)
13,630
(10,149)
2,122
(14,888)
(2,122)
-
-
-
14,888
-
9,711
-
9,711
438
-
438
-		 At
31.3.25
£
233,483
116,123
349,606
242,865
(7,955)
42,324
24,117
52,894
56,678
33,425
10,829
19,423
15,100
489,700
142,044
133,345
275,389
1,114,695

continued...

Page 41

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Restricted funds
All Age Carers Service
IASS Telford
Young Carers
Grassroots Endowment Income
Adult Carers Reserve
Telford Autism Hub
IASP
Community Cafe
Independent Living Centre
Children and Young People Autism Hub
Endowment funds
TDC Endowment Fund
TOTAL FUNDS		 Incoming
resources
£
165,106
278,339
75,840
95,349
5,523
808
119,106
1
62,720
49,762
105,435
792,883
3,519
961,508		 Resources
expended
£
(165,090)
(341,432)
(90,729)
(109,726)
(4,994)
(1,664)
(105,900)
-
(56,843)
(40,050)
(94,241)
(845,579)
(1,418)
(1,012,087)		 Gains and
losses
£
10,708
-
-
-
2,636
-
-
-
-
-
-
2,636
3,129
16,473		 Movement
in funds
£
10,724
(63,093)
(14,889)
(14,377)
3,165
(856)
13,206
1
5,877
9,712
11,194
(50,060)
5,230
(34,106)

continued...

Page 42

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General Fund
Employment Reserve
Restricted funds
All Age Carers Service
IASS Telford
Young Carers
Grassroots Endowment Income
Adult Carers Reserve
Better Care Fund
Building Better Opportunities
Telford Autism Hub
Wellbeing Hubs Network
IASP
Community Cafe
Independent Living Centre
Children and Young People Autism Hub
Learning Disabilities Project
Endowment funds
TDC Endowment Fund
Grassroots Endowment Fund
TOTAL FUNDS		 At 1.4.23
£
230,451
113,331
343,782
306,927
21,822
76,993
7,206
56,004
-
-
41,214
493
29,438
17,198
-
6,931
16,735
580,961
119,459
133,345
252,804
1,177,547		 Net
movement
in funds
£
(832)
-
(832)
9,511
(10,902)
(18,269)
13,746
(2,747)
(12,503)
2,650
2,258
-
-
(12,246)
3,431
(3,025)
(16,735)
(44,831)
16,917
-
16,917
(28,746)		 Transfers
between
funds
£
16,919
(10,838)
6,081
(12,602)
10,902
99
-
493
12,503
(2,650)
-
(493)
(10,902)
-
(3,431)
-
-
(6,081)
-
-
-
-		 At
31.3.24
£
246,538
102,493
349,031
303,836
21,822
58,823
20,952
53,750
-
-
43,472
-
18,536
4,952
-
3,906
-
530,049
136,376
133,345
269,721
1,148,801

continued...

Page 43

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Restricted funds
All Age Carers Service
IASS Telford
Young Carers
Grassroots Endowment Income
Adult Carers Reserve
Better Care Fund
Building Better Opportunities
Telford Autism Hub
Community Cafe
Independent Living Centre
Children and Young People Autism Hub
Learning Disabilities Project
Endowment funds
TDC Endowment Fund
TOTAL FUNDS		 Incoming
resources
£
149,222
278,489
74,001
98,352
4,989
847
1
2,630
92,482
12,022
53,471
92,462
2,341
712,087
5,331
866,640		 Resources
expended
£
(194,138)
(268,978)
(84,903)
(116,621)
(2,095)
(3,594)
(12,504)
20
(90,224)
(24,268)
(50,040)
(95,487)
(19,076)
(767,770)
(1,300)
(963,208)		 Gains and
Movement
losses
in funds
£
£
44,084
(832)
-
9,511
-
(10,902)
-
(18,269)
10,852
13,746
-
(2,747)
-
(12,503)
-
2,650
-
2,258
-
(12,246)
-
3,431
-
(3,025)
-
(16,735)
10,852
(44,831)
12,886
16,917
67,822
(28,746)

continued...

Page 44

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General Fund
Employment Reserve
Restricted funds
All Age Carers Service
IASS Telford
Young Carers
Grassroots Endowment Income
Adult Carers Reserve
Better Care Fund
Building Better Opportunities
Telford Autism Hub
Wellbeing Hubs Network
IASP
Community Cafe
Independent Living Centre
Children and Young People Autism Hub
Learning Disabilities Project
Endowment funds
TDC Endowment Fund
Grassroots Endowment Fund
TOTAL FUNDS		 At 1.4.23
£
230,451
113,331
343,782
306,927
21,822
76,993
7,206
56,004
-
-
41,214
493
29,438
17,198
-
6,931
16,735
580,961
119,459
133,345
252,804
1,177,547		 Net
movement
in funds
£
9,892
-
9,892
(53,582)
(25,791)
(32,646)
16,911
(3,603)
(12,503)
2,650
15,464
-
1
(6,369)
13,143
8,169
(16,735)
(94,891)
22,147
-
22,147
(62,852)		 Transfers
between
funds
£
(6,860)
2,792
(4,068)
(10,480)
(3,986)
(2,023)
-
493
12,503
(2,650)
-
(493)
3,986
-
6,280
-
-
3,630
438
-
438
-		 At
31.3.25
£
233,483
116,123
349,606
242,865
(7,955)
42,324
24,117
52,894
-
-
56,678
-
33,425
10,829
19,423
15,100
-
489,700
142,044
133,345
275,389
1,114,695

continued...

Page 45

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Restricted funds
All Age Carers Service
IASS Telford
Young Carers
Grassroots Endowment Income
Adult Carers Reserve
Better Care Fund
Building Better Opportunities
Telford Autism Hub
IASP
Community Cafe
Independent Living Centre
Children and Young People Autism Hub
Learning Disabilities Project
Endowment funds
TDC Endowment Fund
TOTAL FUNDS		 Incoming
resources
£
314,328
556,828
149,841
193,701
10,512
1,655
1
2,630
211,588
1
74,742
103,233
197,897
2,341
1,504,970
8,850
1,828,148		 Resources
expended
£
(359,228)
(610,410)
(175,632)
(226,347)
(7,089)
(5,258)
(12,504)
20
(196,124)
-
(81,111)
(90,090)
(189,728)
(19,076)
(1,613,349)
(2,718)
(1,975,295)		 Gains and
losses
£
54,792
-
-
-
13,488
-
-
-
-
-
-
-
-
-
13,488
16,015
84,295		 Movement
in funds
£
9,892
(53,582)
(25,791)
(32,646)
16,911
(3,603)
(12,503)
2,650
15,464
1
(6,369)
13,143
8,169
(16,735)
(94,891)
22,147
(62,852)

Employment Reserve

This represents a redundancy provision based upon a calculation of having to pay 3 months salary.

All Age Carers Service

Funded by Telford and Wrekin Council, the service provides information, advice and support to unpaid family carers. Service provision includes support groups, respite activities and individual support sessions.

IASS Telford

A county-wide project funded jointly by Telford and Wrekin Council and Shropshire Council. The service provides information, advice and support to parents and carers of children with special educational needs.

Young Carers

Funded by Telford and Wrekin Council, this project supports children and young people who are in an unpaid caring role. The service provides information, advice, support and respite activities to Young Carers living in Telford.

Grassroots Endowment Income

Income from the investment of the Grassroots Endowment fund. The income is to provide small grants to local charities and voluntary sector groups to facilitate their work with the local community.

Adult Carers Reserve

Funded by Telford and Wrekin Council, this project supports people who are in an unpaid caring role. The service provides information, advice, support and respite activities to Adult Carers living in Telford.

continued...

Page 46

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

Better Care Fund

Income provided by Telford and Wrekin CCG to deliver a voluntary sector coordinators post. Working closely alongside GP surgeries, the post is based within the rapid response team supporting vulnerable adults to remain cared for out of hospital and in their community.

Building Better Opportunities

Jointly funded by the European Social Fund and the Big Lottery Fund to focus on tackling the root causes of poverty, promote social inclusion and drive local jobs and growth in Telford, the fund provides pre-employment support for disadvantaged people aged 19 and over who are not in work.

Telford Autism Hub

Funded by Telford and Wrekin CCG, the hub provides information, advice and guidance to people over the age of 16 years living with autism. The hub supports people to gain a diagnosis and to play an active part in their community. The hub provides access to appropriate housing, finance, education, volunteering and employment. The hub sub contracts to Autism West Midlands for expert person centred advice.

Wellbeing Hubs Network

A network of organisations providing peer support, wellbeing activities and information, advice and guidance for people living within their community.

IASP

Funding received from the National Children's Bureau to provide children and young people and their families with information, advice and guidance on special educational needs.

Community Café

A safe space providing meals to people needing support. A bespoke volunteer placement scheme supporting people to access workplace experience and to move into employment. The café provides information, advice and guidance within the community of Madeley.

I ndependent Living Centre

A space provided to offer both preventative and responsive support to individuals to enable them and their families to live well and safe in their community. Individuals are able to receive support around daily living as the centre offers wide ranging information, advice and signposting to address the needs of residents.

Charities Together

Funded by NHS Charities together the programme supports people to remain well and independent at home and in their communities. The project is supporting people who; experience inequalities in health, prepare people of working age to be better prepared for older age and targets people with poor mental health that need support.

Children and Young People Autism Hub

Funded by NHS Shropshire Telford and Wrekin and Telford and Wrekin Council, the hub provides information, advice and guidance to children aged 5-18 and their families who have a diagnosis of autism. The hub provide family activities, workshops and person centred support to the whole family.

Learning Disabilities Project Fund

Funded by Telford and Wrekin Council, this project is specifically for adults with a learning disability. The project will provide information, advice and support in various areas including employment, health, volunteering, and social skills, giving clients the ability to achieve skills and approach new opportunities with more confidence.

TDC Endowment Fund

continued...

Page 47

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

The endowment was created in 1991 with the receipt of £100,000 from Telford Development Corporation to replace grant funding received previously. Income from the investments made are credited to unrestricted funds to support the core running costs of CVS.

Grassroots Endowment Fund

An Endowment Fund was created through a combination of donations and match funding from central government between 2008 and 2010. Income generated from the investment of the Endowment Fund is to be used to provide grants to local voluntary and community organisations.

Transfers between funds

Transfers between funds represent the recharges of management time and room hire as detailed in the allocation and apportionment of costs accounting policy, along with the partial release of the employment reserve to cover redundancy costs paid in the year and the use of general funds to cover any deficits in restricted funds at the year end.

20. EMPLOYEE BENEFIT OBLIGATIONS

Scheme: TPT Retirement Solutions - The Growth Plan

The company participates in the scheme, a multi-employer scheme which provides benefits to some 521 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore, it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

The scheme is classified as a 'last-man standing arrangement'. Therefore, the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2023. This valuation showed assets of £514.9m, liabilities of £531.0m and a deficit of £16.1m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows:

Deficit contributions

From 1 April 2025 to 31 March 2028: £2,100,000 per annum (payable monthly)

Unless a concession has been agreed with the Trustee the term to 31 March 2028 applies.

Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee asked the participating employers to pay additional contributions to the scheme as follows:

Deficit contributions

From 1 April 2022 to 31 January 2025: £3,312,000 per annum (payable monthly)

The recovery plan contributions are allocated to each participating employer in line with estimated share of the Series 1 and Series 2 scheme liabilities.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement, the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

continued...

Page 48

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

20. EMPLOYEE BENEFIT OBLIGATIONS - continued

PRESENT VALUES OF PROVISION
31.3.25 31.3.24 31.3.23
(£s) (£s) (£s)
Present value of provision 5,713 2,472 5,293
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
31.3.25 31.3.24
(£s) (£s)
Provision at start of period 2,472 5,293
Unwinding of the discount factor (interest expense) 65 202
Deficit contribution paid (2,521) (3,025)
Remeasurements - impact of any change in assumptions 36 2
Remeasurements - amendments to contribution schedule 5,661 -
Provision at end of period 5,713 2,472
INCOME AND EXPENDITURE IMPACT
31.3.25 31.3.24
(£s) (£s)
Interest expense 65 202
Remeasurements - impact of any change in assumptions 36 2
Remeasurements - amendments to the contribution schedule 5,661 -
ASSUMPTIONS
31.3.25 31.3.24 31.3.23
% per annum % per annum % per annum
Rate of discount 4.84 5.31 5.52

The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.

The following schedule details the deficit contributions agreed between the company and the scheme at each year end period:

DEFICIT CONTRIBUTIONS SCHEDULE

31.3.25 31.3.24 31.3.23
Year ending (£s) (£s) (£s)
Year 1 2,039 2,521 3,025
Year 2 2,039 - 2,521
Year 3 2,039 - -

The company must recognise a liability measured as the present value of the contributions payable that arise from the deficit recovery agreement and the resulting expense in the income and expenditure account i.e. the unwinding of the discount rate as a finance cost in the period in which it arises.

It is these contributions that have been used to derive the company's balance sheet liability.

continued...

Page 49

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

21. RELATED PARTY DISCLOSURES

There were no balances owed to or from any related parties at 31 March 2025 or 31 March 2024.

Page 50

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS
Contract income
Contracts
Donations
Services
Grants
Fundraising activities
Fundraising events
Investment income
Deposit account interest
Investment income
Other income
Service charges received
Other incoming resources
Total incoming resources
EXPENDITURE
Investment management costs
Portfolio management
Charitable activities
Wages
Social security
Pensions
Hire of plant and machinery
Insurance, rent, rates and power
Telephone
Printing, postage & stationery
Advertising
Sundries
Professional fees
Training
Service contracts
Subscriptions & membership
DBS / payroll charges
Carried forward		 31.3.25
£
717,009
109,453
20,237
56,709
903,408
21,194
4,499
28,307
32,806
465
3,635
4,100
961,508
7,464
513,790
24,415
14,422
799
106,923
3,360
1,360
280
6,321
37,630
6,168
10,849
1,028
718
728,063		 31.3.24
£
683,683
109,575
6,484
15,431
815,173
17,726
964
28,063
29,027
3,914
800
4,714
866,640
6,842
438,199
18,915
6,877
1,157
107,066
3,110
5,400
520
12,432
32,557
7,466
10,327
984
546
645,556

This page does not form part of the statutory financial statements

Page 51

TELFORD AND WREKIN COUNCIL FOR VOLUNTARY SERVICE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Charitable activities
Brought forward
IT & website
Recruitment
Activities
Expenses
Room hire
Bank charges
Depreciation
Grants paid
Support costs
Management
Wages
Social security
Pensions
Other operating leases
Insurance, rent, rates & power
Telephone
Printing, postage & stationery
Sundries
Professional fees
IT & website
Subscriptions & membership
Depreciation
Amendments to contribution schedule
Interest on pension scheme liabilities
Finance
Bank charges
Governance costs
Auditors' remuneration
Total resources expended
Net expenditure before gains and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Unrealised gains/(losses) on fixed asset
investments
Net expenditure		 31.3.25
£
728,063
2,983
492
20,541
2,723
1,356
254
1,705
3,800
761,917
110,931
5,446
1,772
2,035
60,525
1,374
1,235
10,079
874
30,323
307
3,520
5,661
65
234,147
375
8,184
1,012,087
(50,579)
2,586
13,887
(34,106)		 31.3.24
£
645,556
3,673
576
31,011
2,474
611
201
2,690
1,000
687,792
119,930
6,280
8,014
3,623
84,178
849
3,853
1,703
1,663
26,199
77
3,840
-
202
260,411
164
7,999
963,208
(96,568)
4,485
63,337
(28,746)

This page does not form part of the statutory financial statements

Page 52