REGISTERED COMPANY NUMBER: 24099021England and Wales)
REGISTERED CHARITY NUMBER: 802632
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024
FOR
HASTINGS VOLUNTAR Y ACTION
Hastings Voluntary Action
Jackson Hall
Portland Place
Hastings
East Sussex
TN34 IQN

REGISTERED COMPANY NUMBER.. 2409902 (England and Walesl
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
CONTENTS OF THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 MARCH 2024
Page
Reference and Administrative Details
Trustee5' Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Note5 to the Financial Statements
Detailed Statement of Financial Activities
2toS
io
Ilto19
20

REGISTERED COMPANY NUMBER." 24099021England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES
Mary Carter. Adfam
Helen Barraclough, Education Trainin8 Consortium (resigned 15.04.241
Dr. Nell Chan& Hastings Chinese A55OCiation
Sue Adey. One Voice foundation
Dr Paula Radice lappointed 01.08.241
Andrea Randall-smith (appointed 01.08.241
Angle Lowe lappointed 12.04.241
COMPANY SECRETARY
S J Manwaring
REGISTERED OFFICE
Jackson Hall
Portland Place
Hastings
East Sussex
TN34 IQN
REGISTERED COMPANY NUMBER
2409902 (England and Wales)
REGISTERED CHARITY NUMBER
802632
INDEPENDENT EXAMINER
Ashdown Hurrey Auditors knmited
Statutory Auditors
20 Havelock Road
Hastings
East Sussex
TN34 IBP
Page I

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Hastings Voluntary Attion is a company limited by guarantee and a registered charity founded on l August 1989, and
governed by its Memorandum and Articles of Association agreed on 16 November 2018. The directors of the company,
who are also the trustees of the charity for the purposes of the Companies Acts, submit their annual report and
financial statements for the year ended 3 1 March 2024. The trustees confirm that the annual report and financial
statements comply with current statutory requirements, the requirements of the charity's governing documents and
the provisions of 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 IFRS 1021 leffective l January 2015).
As set out in the Article5 of Association, members of the executive committee are elected at the annual general
meeting. These trustees have the power to co-opt, provided that such co-opted members shall never comprise more
than one-third of the executive committee.
OBJECTIVES AND AcfiviTIES
AIMS AND OBJECTIVES
The charity's objects I'objects'l are specifically restricted to the following:
111 To promote any charitable purpose5 for the benefit of the community, primarily but not exclusively, in the Borough
of Hastings, and in particular the advancement of education, the protection of health, the relief of poverty and to
promote social inclusion and social cohesion.
121 To maintain a Council for Voluntary Service to support the voluntary and community sector, primarily but not
exclusively, for the benefit of the people in Hastings.
131 To be an advocate for the voluntary and community sector ensuring that the voice of the sector is heard and that
greater understanding of its needs, challenges and contributions is gained by its strategic partners.
Review of the Year
During the reporting period Hastin8s Voluntary Action continued to provide a range of services to local
organisations and individuals wishing to make a positive contribution to their local community. We supported 327
not for profit organisations with a range of advice support and opportunities for collaboration.
We have promoted a wide range of volunteering opportunities during the year, as well as a programme of
outreach activity during the National Volunteers Week celebrations combined with local volunteering awards
celebrated the contribution of local volunteers. We provided individual extra support to 128 people to help them
to enter into volu nteering with local charities and community organisations. In addition we used the results of the
Institute of Volunteering Research to create, consult and agree a new volunteering strategy for Hastings.
Our work has taken place in a complex and faced moving geo-political environment which has caused
displacement and complex migration patterns. Our Links project offered a weekly one stop shop to asylum
refugees and migrants and typical has 80 clients each week. Advice and support was provided to other
organisations in the public and VCSE sectors undertaking work with refugees or asylum seekers. A specific
programme of grants and support to arrivals from Ukraine has continued.
During the year funding was obtained from to develop via a local Food Network a wider approach to food access
and sustainability and a not for profit organisations designated officer is in place to coordinate this. A programme
of small grants totalling £80,000 was given to local groups to help them grow distribute and prepare food. HVA
also continued to facilitate the Hastings Ageing Network which 15 a large and proactive forum for organisations
working with older people and representatives from older people'5 groups to meet monthly in person to discuss
155ues affecting people as they age and to work collaboratively on activities and sessions to support people in
later life. HVA also ran a pro8ramme of activities for older people on behalf of the National Academy for Social
Prescribing.
Page 2

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
TRU5TEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
OBJEcfivESAND AcfiviTIES continued
Review of the Year continued
HVA increased the volume of information that we published, to publicise sources of support and to help people in the
Borough to keep up to date with changes to local services and latest guidance. We published fortnightly ebulletins to
1800+ readers, daily posts to 2350+ facebook followers. increased the information on HVA'S website, and started to
experiment with short videos as a way to communicate with our beneficiaries.
A funding advice service provided advice and support to local groups and supported inward investment to Hastings -
the most deprived area in the South East of England levering in over £1.4million, and creating or sustaining 23 jobs.
HVA contributed to building the skills and knowledge of local VC5 groups by running 29 training sessions, courses and
seminars- almost all free of charge to participants.
Through our facilitation of the Hastings Community Network. HVA enabled the voluntary and community sector to
represent itself on key cross sector structures such as the Local Strategic Partnership and other key strategic bodies.
HVA regularly consulted and engaged with its member organisations on a range of key issues to ensure that voluntary
and community sector groups could be advised of major policy changes. Quarterly open networking events were held
to bring together a range of organisations including statutory agencies and businesses. with a view to improvin8 local
service delivery and referrals between them. These took the form of themed events covering topics chosen by local
organisations or the popular "open mic" sessions which gave groups an opportunity to promote services or projects,
debate current issues and reflect of what was bring learned.
The Charity also acted a5 the Locally Trusted Organisation for Big Local, supporting a programme of community
involvement and decision making in North East Hastin8s, one of the most deprived parts of the Borough. We also
supported community activist5 in the Hollington and Castle areas of the Borough, and developed projects and local
initiatives using the methodology of Asset Based Community Development via our Making it Happen project.
To acknowledged the long-standing issues of Health Inequalities within the borough - and particularly the average life
expectancy between Men and Women we obtain over £4(KI.OOOfrom Public Health to deliver a 3-year programme of
activity focussing on men's heath and their involvement in projects to improve wellbeing. We also rolled out a
programme of work involving community champions as part of the national CONNECt20+ programme to increase
awareness of the impact of cancer. diabetes. heart and lung conditions and CPD. HVA also started a pilot Holistic
Health project supporting young adults.
HVA continued to provide affordable high-quality accommodation to 6 other not-for-profit organisations including
those working with children, people with learning disabilities, and people with mental health issues. HVA also
manages meeting Spaces In Jackson Hall and in Central Hall in Hastings town centre. A bursary scheme was operated
for newly formed 8roups to access meeting space free of charge during the early stages before they obtained finance
orfunding.
Page 3

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
OBJEcfivES AND ACTIVITIE5 continued
Public benefit
The requirements for reporting public benefit in an annual report are that the report will contain-
il a report of those adivities undertaken by a charity to further its charitable activities for the public benefit, and
ill a statement by the charity trustees that they have due regard to public benefit guidance published by the
Charity Commission.
The guidance sets out two key principles which need to be met in order to show that an organisation's aims are for
the public benefit;
il there must be an identifiable benefit or benefits, i.e. the "benefit" principle. and
ill the benefit must be to the public or a section of the public. the 'public" principle.
The trustees refer to the guidance in the Charity Commission's general guidance on Public Benefit when reviewing
the aims and objectives of, and in plannin& activities. The trustees endorse these key principles of public benef it.
and reflect them into aims and objectives of the activtties they have set. HVA typically delivers on these objectives
through delivering on the National Association forvoluntary and Communrty Action {NAVCA} standards. Our
services are monitored and reviewed quarterly to ensure service delivery meets aims and objectives.
Through the activities detailed in this report, and in other literature and newspaper article5. on HVA'S website and
through social media, the trustees show that the activitie5 undertaken by HVA to further its charitable artivities are,
and are duly reported as bein8, for the public benefit.
STRATEGIC REPORT
Financial review
Financial position
The statement of Financial Activities shows an overall loss for the year of £ 117,20812023= surplus £130.4301.
Reserves at 31 March 2024 were £343,959 of which £208.012 were Restricted Funds. The general fund reserves
stand at £135.947 12023: £149,477). The general fund balance is held as a contingency in the event of the core
funding being Withdrawn and is held to cover the likely costs arising therefrom.The principal funding of the charity
continues to be by way of grants recetved from various statutory bodies, as detailed elsewhere in this report.
RESERVES POLICY
Hastings Voluntary Action has a Reserves Policy which addressed issues relating to its obligations to the upkeep of
its assets, supporting existing projects for fixed periods until funding is secured, meeting the cost of redundancy of
staff should the occasion arise and a general reserve for the cover of management and administrative costs in
unforseen circumstances or in the event of a winding up of the organi5ation.
The statement of financial activities reflects the level of reserves as at 3 1st March 2024.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
Hastings Voluntary Action is a member organ45ation and its Trustees are elected from a vote of all registered member organisations
in attendance at its Annual General Meeting. HVA is proud to be a 'user-led" organisation in that over 50% of its trustees are elected
from its beneficièry group. The management of the charity is the responsibility of the trustees who are elected under the terms of
the trust deed. The trustees may appoint a person who is willing to art as a trustee, either to fill a Vacancy or to act as an addit%onal
trustee, provided that the appointment does not cause the number of trustees to exceed the maximum number. Generally, only
persons who are representatives of member organisations of Hastifigs Voluntèry Action are eligible to betome trustees. but the
Management Board may at any time Co￿pt other persons. whether or not representing a member organisation, provided that such
co-opted members shall never comprise more than one-third of the Management Board. None of the charity's trustees receive anv
remuneration.
Page 4

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT continued
Organisational structure
The Board of Trustees meets on a quarterly basis. Agendas are approved by the Chair of the Board and paper and
report are issued to trustees prior to the meeting where possible. Decisions made by the trustees provide strategic
direction, with some
authority delegated to the Director and other staff members. An Officers group consisting of the Chair, Vice Chair
and Treasurer also meet to consider any matters arising from board meetings. Task and finish groups are also
delegated certain tasks relating to H R. All Trustees and staff attend a strategic planing session each year.
Risk management
The Trustees of Hastings Voluntary Action recognise their obligations to identify, manage and mitigate all strategic,
operational and technical risks facing the organisation. HVA recognise the need to have a planned and systematic
approach to risk. Therefore, a comprehensive risk register has been created, and a 'lead" risk trustee appointed to
ensure that this is regula rly considered by Trustees at each meeting. Arrangements for Health & Safety monitoring
and risk management are in place and have recently been externally audited.
Induction and training of new trustees
Induction processes are in place for new trustees which consist of briefing and induction materials. We have
recently refreshed a Trustee skills audit which continues to inform our plans for further training and development.
Occassional skills audits are utilised to inform development needs and highlight gaps.
Staff & Volunteers
During the reporting period the Charity has employed an average of 17 staff across the year. Additional capacity has
been deployed in the form of freelance associates who have undertaken specific work on designated projects.
Partnership
HVA prides itself on working in partnership. and is in a strong position to bring different organisations together to work towards
shared aims. HVA works closely with Rother Voluntary Action and 3VA (the other VCS infrastructure organisations in East Su5sexl on
various projects. Additionally. HVA has an orgonisational objective to attract inward investment to the Borough and will actively form
consortia or partnership arrangements between local organisations to achieve this. With this in mind, the Director of HVA and other
staff attend local and county meetings to develop and extend partnership work. During the reporting period the Director of HVA acted
as Chair of the East Sussex Strategic Partnership bringing together the County, District and Borough Councils, NHS, Sussex Police, Fire
and Rescije Service and Voluntary Sector leaders.
To support the broadest Possible partnership activity HVA facilitates the Hastings Community Network which brings together VCS
organisations. Quarterly sector-wide events are organised to do this in an open and inclusive way
HVA continued to organise and chair the Hastings Community Hub to bring together partners from all sectors, to share information,
Co-ordinate activities, and deliver a range of service to vulnerable residents our ensuring that food energy and housing cost support
could be accessed.
Truste
rep
ting a strategic report. approved by order of the board of trustees. as the company direttors,
nd signed on the board's behalf bv-
on.
M Carter- Trustee
Pa8e 5

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
STATEMENT OF TRUSTEES, RESPONSIBILITES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees are responsible for preparin8 the Trustees. Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prarticel. including Financial
Reporting Standards 102 'The Reporting Standard applicable in the UK and Republic of Ireland".
The law applicable to charities in En8land and Wales. the Charities Att 2011, Charity (Accounts and Reports) Regulations 2008
and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a
true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources, including
the income and expenditure. of the charity for that period. In preparin8 those financial statements, the trustees are ￿qUired
to
selert suitable accounting policies and then apply them consi5tentlv;
observe the methods and principles in the Charity SORP-
make judgements and estimates that are prudent-
prepare the financial statements on the going concen basis unless it is inappropriate to presume that the charity will continue
in business.
The trustees are responsible for keeping proper accountin8 records which disclose with reasonable accuracy at any time the
financial posisiton of the charity and to enable them to ensure that the financial statements comply with the Charties Act 2011,
the Charity IAccounts and Reports) Regulation5 2(X18 and the provisions of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Page 6

REGISTERED COMPANY NUMBER: 2409902 {England and Wales)
REGISTERED CHARITY NUMBER: 802632
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HASTINGS VOLUNTARY ACTION
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March
2024, which are set out on pages nine to twenty.
Responsibilities and basis of report
As the charity's trustees of the company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
I'the 2006 Act'l.
Having Satisfied myself that the accounts of the company are not required to be audited Ljnder Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as
carried out u nder section 145 of the Charities Act 2011 (the '2011 Act'l. In carryin8 Out my examination I have
followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
Independent exominer's report
Since the company's 8ross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a memberof the
Institute of Chartered Accountants in E ngland and Wales, which is one of the listed bodie5.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
the accounts do not accord with those accounting records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a 'true and fair, view which is not a matter considered a5 part of an independent
examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended practice for accou nting and reporting by charities lapplicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be
awnint
order to enable a proper understanding of the accounts to be reached.
CCA
Ashdown Hurrey Auditors Limited
Statutory Auditors
20 Havelock Road
Hastings
East Sussex
TN34 IBP
/1 .fO.IbA
Page 7

REGISTERED COMPANY NUMBER: 24099021England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY ACTION
STATEMENT OF FINANCIAL AcfiviTIES Including Income and Expenditure Account
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and le83cies
Charltable activities
Operation of charitable services
107,027
439,316
546,343
683,531
231,722
231,722
214,020
Total
338,750
439,316
778,066
897,551
EXPENDITURE ON
Charitable activities
Operation of charitable services
336,523
542,994
879,518
753,421
Other
15,757
15,757
13,700
Total
352,280
542,994
895,274
767,12 1
NET INCOME
113,5301
1103,6781
1117,2081
130,430
RECONCILIATION OF FUNDS
Total funds brought fotward
149,477
311,690
461,167
330,737
TOTAL FUNDS CARRIED FORWARD
135,947
208,012
343,959
461,167
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
These notes form part of these frnancial statement5
Page 8

REGISTERED COMPANY NUMBER: 2409902 (England and Wales}
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY A￿lON
BALANCE SHEET
AT 31 MARCH 2024
31.3.24
31.3.23
Notes
CURRENT ASSETS
Oebtors
Cash at bank and in hand
io
102,233.90
360,240.47
462,474.37
102.775
420,581
523,356
CREDITORS
Amounts falling due within one year
li
(118.515.841
162.1891
NET CURRENT Assrrs
343.958.53
461.167
TOTAL ASSETS LESS CURRENT UABILITIES
343.958.53
461,167
PROVISIONS
Prowsion for pension deficit
15
I1,045.￿)
12,2371
NET ASSETS
342.913.53
458,930
FUNDS
Unrestricted funds:
General fund
Designated funds.. Lease and maintenance
Restricted fund5
13
125.946 82
io,(￿3
208.011.71
139.477
io.cKKJ
311.690
13
343.958.S3
461.167
Pension Fund Deficit
15
1.045.ClJ
12.2371
TOTAL FUNDS
342.913.53
458.930
The charitable company is entbtled to exemption from audit under Section 477 of the Companies Att 2006 for the
year ended 31 March 2024.
The members have not required the charrtable company to obtain an audit of its financial statements for the year
ended 31 March 2024 in accordance with Section 476 of the Companies Act 2￿6.
The trustees acknowledge their responsibilities for
lal
ensuring that the ch31it3ble company keeps accounting records that comply with Sections 386 and
387 of the Companies Act 2006 and
preparing financial statements which gsve a true and fair view of the state of affairs of the charstable
company as at the end of each financial year and of its surplus or deficit each financial year in
accordance with the requirements of Section5 39
nd 395 and which otherwise comply with the
iequirements of the Companies Act relati
financial staternen
far as applicable to the
charitable companv.
These financial statements were approved by the B rd
sbeh
by..
Ibl
5tee5 0
. and were signed
M Carter- Trust
Trustee
The notes fom part of these finarKial statements
Pa8e 9

REGISTERED COMPANY NUMBER: 2409902 IEngland and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY ACTION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
Table I: Statement of Cash Flows
Total funds
Current year to
31.3.24
Previous year
Note
Cash flows from operating activities..
Net cash provided by (used inl operating artivities
163,7451
205,296 (Table 21
Cash flows from investing activities..
Bank interest
Net cash provided by lused inl Investing activities
3,405
657
Cash flows from financing activities..
Change in cash and cash equivalents in the reporting period
Cash and cash equivalent5 at the beginnlng of the reporting period
Change in cash and cash equivalents due to exchange rate
movements
420,581
214,628 (Table 31
Cash and cash equivalents at the end of the reporting period
360,240
420,581 {Table 31
Table 2: Reconclllatlon of net incomel(expendlture) to net cash flow from operatlng actlvitles
Current year to
31.3.24
Previous year
Net incomellexpenditurel for the reporting period las per the
statement of financial activities)
Adjustment5 for..
Depreciation charges
IGainsl/losses on investments
Dividend5, interest and rents from investments
L05511profitl on the sale of fixed assets
Ilncreasel/decrease in stocks
Ilncrea5el/decrease in debtors
Increaselldecreasel in creditor5
Net cash provided by (used inl operation artivities
1117,2081
130,430
13,4051
16571
541
47,256
28,267
205,296
56,327
163,7451
Table 3: Analysis of cash and cash equivalents
Current year to
31.3.24
277,179
83,061
Previous year
Cash in hand
Notice deposits Iless than 3 months)
Overdraft facility repayable on demand
Total cash and equivalents
339,470
81,111
360,240
420,581
The notes form port of these financial statements
Page 10

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 MARCH 2024
STATUTORY INFORMATION
Hastings Voluntary Action is an incorporated charity, limited by guarantee, registered in England & Wales. The charity's
registered number and registered office address can be found in the Report of the Trustees.
ACCOUNTING POLICIES
Basls 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 50RP IFRS 1021'Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 20151,, 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.
Going Concern
There are no material uncertainties in relation to the charity's ability to continue as a going concern. These financial
statements have therefore been prepared on the going concern basis.
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.
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 benefit5 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 be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when
specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Penslon costs and other post-retirement benefits
The charitable company currently operates defined contribution pension Schemes with NEST and the Pensions Trust Co..
Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
The charity has previously operated a money purchase scheme, adminstered by the Pensions Trust Co. This scheme is now
closed and was a multi-employer Growth Plan defined benefit pension scheme.
DONATIONS AND LEGACIES
31.3.24
31.3.23
Grants
546,343
683,531
Page 11

REGISTERED COMPANY NUMBER: 24099021En8land and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
NOTE5 TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
Operation of
charitable
activities
31.3.23
Tot31
activities
Rent and management fees
Investment income
228,318
3,405
231.722
213,363
657
214,020
CHARITABLE AcnviTIES COSTS
Dirert costs
Support costs
(See note 61
Totsls
Operation of charitable services
879,518
15,757
895,274
SUPPORT COSTS
Governance costs
Other resources expended
Operation of charitable services
15,757
15,757
Support costs, included in the above. are as follows..
Governance costs
Other
Operation of
charitable
services
resources
expended
31.3.24
31.3.23
Management & admin sals
Pensions
AGM/Annual conference
Independent examiner's fee
7,936
1,288
3,533
7.936
1.288
3.533
3.000
15,757
7,936
1,288
1,476
3,000
13,700
15.757
Page 12

REGISTERED COMPANY NUMBER: 24099021England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2024
NET INCOMEI (EXPENDITURE)
Net income/lexpenditurel is stated after chargingllcreditingl:
31.3.24
31.3.23
Independent Examiner's remuneration
3,OC
3,000
TRUSTEES, REMUNERATION AND BENEFITS
There wefe no trustees, remuneration or other benefits for the year ended 31 March 2024 nor forthe year ended
31 March 2023.
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Social security
222,462
22,757
177,790
34,345
Employer's contribution to defined contribution pension schemes
Other pension costs
11,708
1,288
258.2 15
17,955
1,288
231,378
The average monthly number of employees during the year was as follows=
31.3.24
31.3.23
Hastin85 Voluntary Artion Employees
17
17
31.3.24
31.3.23
Key management personnel
Total employee benefits for key mana8ement personnel
54,482
50,903
No employees received emoluments in excess of £60.CMJ).
Page 13

REGISTERED COMPANY NUMBER: 2409902 {England and Wales)
REGISTERED CHARITI NUMBER: 802632
HA5TINGS VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENTS Icontinued)
FOR THE YEAR ENDED 31 MARCH 2024
10 DEBTORS.. AMOUNTS FALLif4G DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade debtors
Prepayments
Funds due from other organisations
96,288
5,946
88.344
5,946
8,485
102.775
102,234
11 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONEYEAR
31.3.24
31.3.23
Trade creditors
Accrsjed expenses
Funds held on behalf of other organisations
1581
3.0(K)
59,247
62,189
115.516
118,516
Fund5 on behalf of other organi5ations:
Incoming
resources
Resources
expended
Fund at
31.3.24
At 1.4.23
Held on behalf of 8ig Lcol Community Centres
Held on behalf of Chances4Change
Held on behalf of Dance Hasting5
Held on behalf of DA4
Held on behalf of Food Network Small Grants
Held on behalf of Friends of OfÈ Station
*eld on behalf of Gensin8 & CSL Forum
Held on behalf of Happy Cooks
Held on behalf of HCT
Held on behalf of Hastin8s FitrKomyal8i3 Warri¢Ys
Held on 8ehalf of Hastings Projecr
Held on behalf of Homes for Ukraine Grants
Held on behalf ol Kings Road Traders
Held on behalf ol SCUF
Held on behalf of Sparks- Botanic Garden
Held on behalf ol Sparks- Botanical Garden
Held on behalf of Sparks- Boyley Action Grant
Held on behalf ol Sparks- Marline Court Garden
Held on behalf ol Spark5- SOWN
Held on behalf ol Strate8ic Youth p.shsp
Held on behalf of Wellbein8 Hub- E
3.842.76
5.455.52
3,843
5,047
14.080.CO
3.040.CO
114.488.751
I3.040.￿}
IIC4.391
1127.730.c(II
811.84
6.CfQ.C(I
707
121,730.IXI
5m).D)
4.786.49
I,cLYJ.co
18,485.611
1786.491
18,4861
65.70
400
101.177
1,262
33.677.
1.261.77
730.28
78.C((l.c(I
110,S(x).(￿)
10,329.77
111.060.051
17.751
12.741.421
1S(X).(Kii
131.391
15CI).CQI
7.75
2,741.42
31.39
I,￿*).￿3
142.
1,5
1142.c(Il
50,761
236,387
1171.6321
115,516
Pa8e 14

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
NOTES TO THE FINANCIAL sfATEMENT Icontinuedl
FOR THE YEAR ENDED 31 MARCH 2024
12 OPERATING LEASE COMMITMENTS:
Minimum lease payment5 under non-cancellable operating leases fall due as follows-
2024
Within l year
Later than I year and not later than five years
Later than five years
1.692
1,269
13 ANALYSIS OF NET ASSEfs BETWEEN FUNDS
31.3.24
31.3.23
Unrestrirted
Funds
Restricted
funds
Total
funds
Total funds
Current assets
Current liabilities
254,463
1118,5161
135,947
208.012
462.474
1118,5161
343,959
523.356
162,1891
461,167
208,012
14 MOVEMENT IN FUNDS
Projects in
deficrt at
31.3.24
Isee note5J
Incoming
resources
Resources
expended
Funds held
at 31.3.24
At 1.4.23
Unrestrirted funds
General fund
149.477
338,750
1352,2801
135,947
149.477
338,750
352.2801
135,947
Restricted funds
Bbg Local Trust
Central Hall
ESCC COMF Funding
ESCC Core 20
ESCC Men's Health
Food Netwofk
Golden Thread
nks
Making It Happen
Mental Health Local Support Fund
NASP
NAVCA Grant
PH Vaccinations
Ukraine Support Project
Volunteering
64.670.67
18.966.921
48.860 10
29.975.47
40.386.05
6.645. 10
235.24
20.271.24
io,co).
50,COJ.¢XI
9.381.26
4.SCrf).
93.415.70
13.270.50
27,3(X).07
5.ClXI.IX)
111.156.61
1103.424.141
120.340.561
130.855.111
134.975.471
1111.789.421
16.645.101
122,931.241
143.618.761
159.6(N).401
15.772.071
133,059.431
14.5w.rx)I
19.207.181
131,402.121
124,873.371
54,662
116.0371
45.305
39,753
22,696.CKJ
36,678.20
58.188.40
13.331
8.588
t14,228
3.822
27,5(￿.(￿)
9,207.18
33,(￿).((1
I,￿3.42
4.313.92
31.418.58
5,912
8,449
Total Restricted Funds
311.691
439.316
1542.9941
224.049
116.0371
TOTAL FUNDS
Note- Restricted fuThJs relate to grant funded projects managed ty HV
The Central Hall funtl is in defficit at the end of the reporting period as a result of disruption to the use of this building following flooding
experienced in the town centre.
Page 15

REGISTERED COMPANY NUMBER: 2409902 (England and Wales}
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY ACTION
NOTES TO THE FINANCIAL STATEMENT Icontinuedl
FOR THE YEAR ENDED 31 MARCH 2024
15 PROVISION FOR LIABILITIES
Provision for pension liability
Scheme.. TPT Retirement Solutions- The Growth Plan
Back8round (The National Picture)
The charity participates in the scheme, a multi-employer scheme which provides benefits to some 638 non-associated
particpating employers. The scheme is a defined benefit scheme in the UK. It is not POS5ible for the charity to obtain
sufficient information to enable it to account for the scheme 05 a defined benefit scheme. Therefore, it accounts for
the scheme as a defined contribution scheme.
The scheme is subjert 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
scheme5 in the UK.
The scheme is classified as a 'last-man standing arrangement,. Therefore the charity 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. Particpating employers are le8ally 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 on 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 has asked the
participating employers to pay additional contributions to the scheme as follows,.
Deficit contributions
From l April 2022
to 31 January 2025
£3,312,CO) per annum
(payable monthlyl
Unle$5 a conce55ion has been agreed with the Trustee the term to 31 January 2025 applies.
Note that the scheme's previous valuation was carried our with an effective date of 30 September 2017. Thi5
valuation showed asset5 of £794.9m, liabilitie5 of £926.4m and a deficit of £131.5m. To eliminate thi5 funding
shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows.
From l April 2019
to 30 September 2025
£11,243.000 per annum
Ipayable monthly and increasing
by 3% each on 1st Aprill
The recovery plan contributions are allocated to each participating employer in line with their estimated share of the
Series l and Series 2 scheme liabilities.
Where the scheme is in deficit and where the charity has a8reed to a deficit funding arrangement the charity
recognises 8 liability for thi5 obli8ation. The amount recognised is the net present value of the deficit reduction
contributions payable under the agreement that relate to the deficit. The present value is calculated using the
discount rate detailed in these disclosures. The unwindin8 of the discount rate is recognised as a finance cost.
Page 16

REGISTERED COMPANY NUM8ER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY ACTION
NOTES TO THE FINANC5AL STATEMENT {continuedl
FOR THE YEAR ENDED 31 MARCH 2024
15 PRESENT VALUES OF PROVISION
Impact on Hastings Voluntary Action
31.3.24
31.3.23
31.3.22
Present value of provision
1,045
2,237
3,510
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
Period ending
31.3.24
Period ending
31.3.23
Provision at the start of the period
Unwindin8 of the discount factor
Deficit contributions paid
Remeasurements- impact of any change in assumptions
Remeasurements- amendments to the contribution schedule
2,237
86
3,510
66
11,2791
11,2791
1601
Provision at end of period
1.045
2,237
INCOME AND EXPENDITURE IMPAcr
Period ending
31.3.24
Period endin8
31.3.23
Interest expense
Remeasurements- impact of any change in assumptions
Remeasurements- amendments to the contributions schedule
Contributions paid in respect of future Service.
3,564
3,330
Costs recognised in income and expenditure account
4,843
4,609
includes defined contf ibution schemes and future service contributions li.e. excluding any deficit reduction payments) to
defined benefit schemes which are treated as defined contribution schemes.
86
66
1601
ASSUMPTIONS
31.3.24
31.3.23
31.3.22
% per annum
% per annum
5.52
% per annum
Rate of discount
5.31
2.35
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 cU￿e to
discount the same recovery plan contributions.
Page 17

REGISTERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HA5TINGS VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENT {continued}
FOR THE YEAR ENDED 31 MARCH 2024
15 DEFICIT CONTRIBUTIONS SCHEDULE
The following schedule details the deficit contributions agreed between the charity and the scheme at each
year end period".
Year ending
31.3.24
31.3.23
31.3.22
Year I
1.066
1,279
1,066
1,279
1.279
1.066
Year 2
Year 3
Year 4
The company must reco8nise a liability measured as the present value of the contributions payable that arise
from the deficit recovery agreement and the resultin8 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 charity's balan￿ sheet liability.
16 RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 18

REGISTERED COMPANY NUMBER: 2409902 {England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
NOTES TO THE FINANCIAL STATEMENT (continued)
FOR THE YEAR ENDED 31 MARCH 2023
17. COMPARATIVE STATEMENT OF FINANCIAL AcfiviTIES
31.3.23
31.3.22
Restricted
Funds
Unrestricted Funds
Total Funds
as restated
Total Funds
as restated
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Operation of charitable services
101.068
582,463
683,531
583,680
214,020
214,020
203,777
Total
315.088
582,463
897,551
787,457
EXPENDITURE ON
Charitable activities
Operation of charitable service5
283,776
469,645
753,421
633,781
Other
13,700
13,700
12,224
Total
297.476
469,645
767,121
646,005
NEf INCOME
17,612
112,818
130,430
141,452
RECONCILIATION OF FUNDS
Totsl funds brought forward
131,865
198,872
189,285
189,285
TOTAL FUNDS CARRIED FORWARD
149,477
311,690
319,715
330,737
Page 19

REGIStERED COMPANY NUMBER: 2409902 (England and Wales)
REGISTERED CHARITY NUMBER: 802632
HASTINGS VOLUNTARY AcfioN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donations and legacles
Grants
546,343
683,531
Charttable artivitles
Rent and management fees
Investment income
228.318
3,405
213,363
657
231,722
778,066
214,020
897.551
Totsl incoming resources
EXPENDITURE
Charltable activities
Wages
Establishment costs
Staff travel and trainin8
Volunteer expenses
Office runnin8 costs
Project costs
248,991
47,182
1.527
222,154
34,770
831
38,822
542.994
879,518
26,023
469,643
753.421
Support costs
Governance costs
Mana8ement & admin salaries
Pensions
AGM/Annual conference
Independent examiner's fee
7.936
1,288
3,533
7,936
1,288
1,476
15,757
13,7CMJ
Total resources expended
895,274
767,121
Net Income
1117,2081
130,430
This page does not form part of the statutory financial statements
PaBe 20