SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Company limited by guarantee

Company Registration Number:
03346236 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

Support other voluntary organisations and encourage good practice and effective liaison and partnership with statutory and private sectors.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Cherrie Bija
Yolanda Barnes
Caroline Hagerman
Jane Harris
Thanuja Hettiarachchi
Lloyd Jones
Christopher Mann


The director shown below has held office during the period of
1 April 2023 to 2 October 2023

Alun Evans


The director shown below has held office during the period of
1 April 2023 to 19 July 2023

Saskia Hamer


The director shown below has held office during the period of
2 October 2023 to 31 March 2024

Courtney Mitchell


Secretary Janelle Bentley

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 August 2024

And signed on behalf of the board by:
Name: Cherrie Bija
Status: Director

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 3,262,028 2,410,728
Cost of sales: ( 3,371,978 ) ( 2,577,051 )
Gross profit(or loss): (109,950) (166,323)
Operating profit(or loss): (109,950) (166,323)
Profit(or loss) before tax: (109,950) (166,323)
Profit(or loss) for the financial year: (109,950) (166,323)

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 8,810 12,883
Tangible assets: 4 308,596 309,726
Investments:   0 0
Total fixed assets: 317,406 322,609
Current assets
Stocks:   0 0
Debtors: 5 230,919 284,843
Cash at bank and in hand: 1,227,054 1,204,661
Investments: 6 200,000 0
Total current assets: 1,657,973 1,489,504
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 304,248 ) ( 31,032 )
Net current assets (liabilities): 1,353,725 1,458,472
Total assets less current liabilities: 1,671,131 1,781,081
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,671,131 1,781,081
Members' funds
Profit and loss account: 1,671,131 1,781,081
Total members' funds: 1,671,131 1,781,081

The notes form part of these financial statements

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 August 2024
and signed on behalf of the board by:

Name: Cherrie Bija
Status: Director

The notes form part of these financial statements

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Items of equipment & computer software costing over £1,000 are capitalised to the balance sheet as fixed assets. These are then depreciated in accordance with the rates set out below. All assets are included at cost less depreciation and impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. The charity performs impairment testing where there are any indicators of impairment. Impairment is calculated as the difference between the carrying value and the recoverable value of the asset. If incurred, impairment is recognised immediately in the income statement.

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 55 53

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Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2023 0 27,246 27,246
Additions 0 2,299 2,299
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 March 2024 0 29,545 29,545
Amortisation
At 1 April 2023 0 14,363 14,363
Charge for year 0 6,372 6,372
On disposals 0 0 0
Other adjustments 0 0 0
At 31 March 2024 0 20,735 20,735
Net book value
At 31 March 2024 0 8,810 8,810
At 31 March 2023 0 12,883 12,883

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Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 481,325 247,995 729,320
Additions 6,200 16,077 22,277
Disposals
Revaluations
Transfers
At 31 March 2024 487,525 264,072 751,597
Depreciation
At 1 April 2023 205,336 214,258 419,594
Charge for year 9,627 13,780 23,407
On disposals
Other adjustments
At 31 March 2024 214,963 228,038 443,001
Net book value
At 31 March 2024 272,562 36,034 308,596
At 31 March 2023 275,989 33,737 309,726

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Prepayments and accrued income 22,195 19,781
Other debtors 208,724 265,062
Total 230,919 284,843

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Current assets investments note

Unity Bank 12 month fixed term deposit account Maturity date 27/02/2025 Gross interest rate - 4.85%

SWANSEA COUNCIL FOR VOLUNTARY SERVICE

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 32,082
Accruals and deferred income 225,112 29,106
Other creditors 47,054 1,926
Total 304,248 31,032