Charity registration number1004198 Company registration number 02636217 (England and Wales) COMMUNITIES TOGETHER EAST ANGLIA LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 COMMUNITIES TOGETHER EAST ANGLIA LTD LEGAL AN[) ADMINISTRATIVE INFORMATION Trustees Mrs Slay MBE Mrs N Bradford Mr Dchapman Mss Parnell Ms H Horton Mrs L Mapplebeck (Appointed 17 May 20231 (Appointed 17 May 20231 (Appointed 17 May 20231 Secretary lo Reeder Charity number 1004198 Company number 02636217 Principal address Red Gables Ipswich Road Slowmarket Suffolk IP14 IBE Registered office Red Gables Ipswich Road Slowmarket Suffolk IP14 IBE Independent examiner Gascoynes Gascoyne House Moseleys Farm Business Centre Fornham All Saints Bury St Edmunds Suffolk IP28 61Y COMMUNITIES TOGETHER EAST ANGLIA LTD CONTENTS Page Balance sheet Notes to the financial statements 9-15 COMMUNITIES TOGETHER EAST ANGLIA LTD TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI FOR IHE YEAR ENDED 37 MARCH2024 The Trustees are pleased lo present their annual trustees report, together with the financial statements of the Charity for the year ending 31st March 2024 which are prepared to meet the requirements for a directors report and accounts for Companies Act purposes. The TrLJStees confirm that the annual report and financial statements of the company comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities.. Statements of Recommended Practice applicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Iieland IFR51021 effective 27th March 20241. Objectives and activities Communities Together East Anglia's objectives are to promote and undertake charitable activities in Suffolk and the whole of East Anglia. The charity implements ils charitable objectives through community transport, mental health and well-being activities, community activity and friendship groups and carer support opporlunilies, with a core aim to reduce loneliness and social isolation. Significant activities Community Transport Connecting Communitie8 Contracts Imid Suffolk & Ipswich) As in previous years, the funding challenges met by Suffolk County Council have continued to impact on the ability to deliver a rural transport service that offers capacity lo serve the areas it is commissioned to support. As parl of the service provision we agreed a delivery model within the budget envelope for the year, with the understanding that a prvcurement process would be started in September for contracts commencing April 2024, We were successful in continuing lo recruit additional Community Car volunteers to support this swice, helping to reduce pressures on the minibus vehicles, and focused on supporting people to access their medical appoinlmenls. Group Hirelminibusl Whilst limited due lo vehicle and driver availability and licensing regulations, we continued lo offer a school transport service for students allending Thurslon Community College throughout term limes. In addition we delivered a shullle bus service during the school day between the two school sites. This seriice ceased in ILJIY 2023 due to the school no longer requiring the shuttle bus service. Wilhoul this, the school transport element become unviable for parents. Hospital Discharge Transport Service Ilpswich Hospital) We continued to deliver a service out of Ipswich Hospital to support patient discharge, until September 2023, Operating with one vehicle driver and passenger assistant, for 8 hours a day, Monday lo Friday, the servicp proved extremely valuable to both the hospital discharge teams and passengers. Social Care Contracts (Suffolk County Council) We continued to deliver a Monday- Friday service supporting people to access an adult social services day centre hub for people with additional needs in Bury Si Edmunds. Suffolk County Council Rural Innovation Fund We were successful in gaining a grant under the Rural Innovation Fund through Suffolk County Council to consult, pilot and subsequently launch a new rural Iran5POrt service in Mid Suffolk. Initially named the 'Chatly Bus the aim of the service was to offÈr journey routes for prtrbooked passengers in arÈas of the district that struggle with IrènsrK)rt poverty and access to urban centres for soci31 and health needs. The funding of £40,000 was added lo by a further £10,000 by Mid Suffolk & Babergh District Council. Across all of our tftnsport 5eNice5, we carried out 9788 journeys to 11,584 passengers with 484 new passenger registrations over the twelve months. COMMUNITIES TOGETHER EAST ANGLIA LTD TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEt)I FOR IHE YEAR ENDED 37 MARCH2024 Engaging With Communities 2023124 saw us extend our community engagement offer across the county to continue supporting individuals with events and activities to support their health and wellbeing. The second year of our Reaching Communities grant from The National Lottery has supported the staff costs of our community co-ordinators, with the operational funding for group activities being sourced through district fLJnders and smaller grant providers. Our portfolio of community activities has developed over the last twelve months, based on community consultation and co- production with our Service users and includes.. CommuniTEA Chirlwags - monthly social and friendship groups for people aged 60+ - offering entertainment, crafts, boccia, games, alongside refreshments, information and support You're Welcome - weekly/fortnightly/monthly social wellbeing groLJPS for anyone aged 18+ - games, puzzles, boccia, refreshments, information and support Active Groups- forlnightly Otago and Boccia sessions in Ipswich and Eye, using NHS property buildngs as hub5, supporting individuals to build strength, confidence and friendships Dementia Cafes - in partnership with Ipswich Dementia Action Alliance IIDAAI, we deliver two weekly dementia café groups in Ipswich, as well as supporting a monthly café al Ipswich Town Football Club. These groups SUPPOrt both the carer and cared for and offer vital support and information, friendship and comfort as they travel through their dementia journey. CommunlTEA Digital Workshops- as parl of a broader project funded by Suffolk County Council Public Health, we deliver a series of monthly digital upskilling workshops to support people to learn, build and develop their digital skills lo help support their own health and wellbeing - through keeping in touch with loved ones, making medical appointments, form filling and generally keeping the brain active and engaged. Family Carer Support We were successful in a grant application through Suffolk Community Foundation, to develop a new programme for people transitioning from or have previously been a family carer. Through our work in supporting carers we identified that there is a gap in provision for those who had been Ljnderlaking a caring role, but for whatever reason were no longer doing this. We created a programme ol support for people, in a group setting to build lifeskills and confidence, urderstanding Iranslerrable skills, and looking at volunteering and employment opporlunilies, This was delivered in three setlirYJs acros5 Suffolk lor 8 weeks per location. We continue to refer carers to MTCIC in Bury St Edmunds for counselling support related to the caring role. A Local Listening Ear Since the refocus of charitable objectives after the COVID19 pandemic, reacting lo the need of our communities to address exacerbated loneliness and social isolation, il became apparent that our services are beneficial to a wider demographic- as such during 23/24 we renamed "Later Life Community Connect" to "Community Connect" the same single point ol access, 365 day a year telephone support service, but open lo all adult ages, not just those in later life. Over the year, we received 1348 calls and made 2566 calls, with 399 new clients registering with us through the year. Alongside Community Connect sils BeAFriend our person cenlred befriending service, offering telephone, face to face, digital and penpal friendships on a regular (usually weekly) basis. This service has continued lo grow both in demand and need, and with onboarded befriendees. During 2023/24, we facilitated 55 befriending matches. Ment3lHe31th runs through a// we do We have invested some lime and resource5 into supporting our own team's mental health needs this year, including some team members undertaking Mental Health First Aid training and Your Needs Mel training through Suffolk MIN D, Supporting people s mental health through our services and support is key, and with our core aim to reduce loneliness and social isolation, we continue to do this through daily activities and service dÈlivÈry. The C'Art Ptoject in Sudbury continued this year Ljnder the CTEA umbrella with an aim lo become self-sustaining by the end of 2023/24 which was achieved. Collaboration, Partnership & CoProduction We have developed strong, trusted relationship5 With a number of Suffolk based, regional and national charities to ensure robust and sustainable relationships and referral routes continue for our beneficiaries. Wo h3vÈ al￿ been engaged with health ènd social care services on wider issues and concerns and conlinLJe to èdvocate for the beneft of the VCFSE sector in supporting individual s health and wellbeing. We are partners of Healthwatch Suffolk and continue to work closely with Ipswich Dementia Action Alliance on joint projects. COMMUNITIES TOGETHER EAST ANGLIA LTD TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEt)I FOR IHE YEAR ENDED 37 MARCH2024 Public Benefit The Board of Trustees are aware of their duty to ensure the activities of CTEA further ils charitable objectives and that activities are for the purpose f public benefit. As part of our ongoing sustainability and review process, we recognise the importance of this, and are keen to develop this further with work around analysis of our Social Value positioning ourselves to dÈmonstrate to statutory bodies, the benefit ofthe work that CTEA delivers to the PLJblic. Volunteers Throughout 2023/24 we continued to expand our volunteer nebNork, introducing new roles to support our project and service delivery as required. We also focused on raising awareness of the benefits of volLJnteering and launched our first Volunteer Campaign- 2023 for 2023- encouraging the public cumulatively volunteer 2023 volunteer hours to CTEA during the year - this target was smashed significantly and heralded the commitment and dedication ol our kolLJnteers, many ol whom also volunteer for other organisations. At the end of 2023/24 we had 91 volunteers across a variety of roles including Community Car drivers, Befrienders, Event SLJpport, Rickshaw Pilots and Digital Champions. CTEA'S Trustee Board 18 made up of five volunteers which are included in the total nLJmber. Achievements and performance Staff All staff carrying out the work for CTEA are employed by Aspire Together CIC IATCICI who are wholfy commissioned to CTEA on a service level agreement. The Directors of ATCIC are made up of CTEA trustees and the Chief Executive Officer. This reporting year, the ATCIC staff and management team have ensured that the services provided by CTEA have been of high quality, reliable and affordable to the service users. The staff team have been reliable, prof&sional and hardworking which has ensured the best possible delivery and outcomes for our beneficiaries. The management structure has continued lo change over the last twelve months to meet changes in service demand and management need. Change can be an unsettling lime for many, and the staff should be commended for their commitment lo their clients, passion for the organisalion and resilience in what can be a challenging sector to work within. Financial Review Total revenues for the year were £887,488 compared with £664,795 in the previous year, reflecting the continued challenges of the last twelve month5 now that the legacy of the pandemic has settled. This has affected the voluntary sector with funding opporlunilies, Total resources expended were £968,316 compared with £925,056 reflecting a continued commitment by the board and management team to create a robust, effective and sustainable organisalonal structure in line with the organisalion's strategic aims. As is common place in the voluntary sector, the continued challenge of full cost recovery and acknowledgement of such from commissioners and funding bodies puls pressure on continuation of vital services and support. Investment Policy Communities Together East Anglia has no investments so can access to all its funds al short notice. The Trustees have implemented a policy ol retaining sufficient funds in the current bank accoLJnts lo cover expected monthly expenditure and place remaining funds in COIF deposit accounts until required to make paymerlts. Reserves Policy The Trustee Board has a policy to hold an amount equivalent to three months funds to enable the organisalion to wind up in an orderly way should this become necessary. Our Future Plans Communitie5 Together East Anglia has continued to expand and develop services over the last bNelve months, acknowledging key strengths and focusing on areas of demand and need. The plan for the year ahead is lo continuè to consolidate key services and raise awareness of our organisation and objectives, working towards commissioned funding for vital seNices to support health and wellbeing. COMMUNITIES TOGETHER EAST ANGLIA LTD TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEt)I FOR IHE YEAR ENDED 37 MARCH2024 Structure, governance and management Governing Document Communities Together (Easl Anglial Limited is a charitable company limited by guarantee, incorporated on 8th August1991 and registered as a Charity on 23rd September1991. The company was established under a Memorandum ofAssociation which establishes the objects and powers ofthÈ Charitable Company and is governed under ils Articles of Association. In the event ol the company being wound up members are required to contribute an amount not exceedirlg £1. The Directors of the company are Charity trustees for the purpose of charity law and under the company s Articles are known as members ofthe trustee board. Under the requirements ofthe Memorandum and Articles of Association the members of the trustee board are elected lo serve for a period ol three years after which they mLJSt be rèelected al the next Annual General Meeting. Darryl Chapman retired by rotation and, being, eligible, offered himself for reelection at the Annual General Meeting, Organisational Structure Communities Together (Easl Anglial Limited has a trustee board who meet regularly four limes per year, and hold extra- ordinary meetings as and when required. They are responsible for the strategic direction and policy of the Charity. The trustees have a scheme of delegation for decision making outside of trustee meetings. The Chief Executive Officer is responsible for ensuring that the charity delivers the services Specified ènd the key performance indicators are mel. Members of staff are employed by Aspire Together CIC, a wholly owned subsidiary of CTEA. Staff are encouraged and supported to take up formal and informal training and developrrent opportunities for their personal and professional development and to further the high quality services the orgarnisation provides. Training requirements and wishes are monitored through regular supervision meetings between the employee and line manager, and reviewed at annual apprèisèl meetings. Donor5 We are extremely grateful for personal donations received in this reporting year from Mr Matthew Fullerton, The following organisations have contributed financially to support our work through both grants and donations.. Armed Forces Covenant Babergh & Mid Suffolk District Council Suffolk County Council- Community Transport Suffolk County Council- Public Health East Sllffolk Council Funding from Suffolk Community Foundation through REND SNEE Funding from Suffolk Community Foundation through the Suffolk Carers Fund Funding from Suffolk Community Foundation through the Port Community Fund Funding from Suffolk Community Foundation through the Pargiter Trust Fund Funding from Suffolk Community Foundation through the David &lill Simpson Fund Rushmere Parish Council Sport England The National Lottery- Reaching Communities The majority of our funding is awarded as reslricled income- specifically for particular projects or pieces of work. Core funding for overhead and management costs for the rLJnning of the organisation continues to be challenging lo source. Related Parties Aspire Together CIC, the trading arm of Communities Together East Anglia Limited ICTEAI has CTEA as it5 only shareholder. All profits become assets of CTEA as the single shareholder, to be employed in furthering charitable activities. CTEA continues to commission Aspire Together to provide staff and sÈrvices. The profits for Aspire Together for the current year amount lo £33912023- £6281. COMMUNITIES TOGETHER EAST ANGLIA LTD TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEt)I FOR IHE YEAR ENDED 37 MARCH2024 Reference & Administrative Details Trustees Nicola Bradford IChairmanl- appointed 14/03/2022 Darryl Chapman (Vice Chairmanl- appoinled14/0312022 Susanlay MBE- appointed 30/01/2002 Samantha Parnell - appointed17/05/2023 Hilary Horton- appointed17/05/2023 Elizabeth Mapplebeck- appointed 17/05/2023 Company registered number.. 02636217 Charity Registration Number.. 1004198 Registered Office.. Red Gables, Ipswich Road, Stowmarkel, Suffolk IP141 BE Company Secretary.. joanne Reeder Independent Examiner.. Gascoynes Chartered Accountants, Gascoyne House, Moseleys Farm Business Centre, Fornham All Saint5, Bury St Edmunds, Suffolk, IP28 6IY Bankers,, CAF Bank Ltd, 25 Kings Hill Avenue, West Malling, Kent MEI 9 4IQ The Trustees report was approved by the Board ofTrustees, Mrs N Bradford Trustee Dated.. 22 November 2024 Mr D Chapman Trustee Dated..22 November 2024 COMMUNITIES TOGETHER EAST ANGLIA LTD INDEPENt)ENT EXAMINER'S REPORT TO THE TRUSTEES OF COMMUNITIES TOGETHER EAST ANGLIA LTD We report to the trustees on our examination of the financial statements of Communities Together East Anglia Ltd Ilhe charity) for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the charity land a150 its directors for the purposes of company lawl you are rgponsible for the preparation of the financial statements in 3ccordance with thÈ requirements of the Companies Act 20ffi (the 2006 Actl. Having satisfied ourselves that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of the charity's financial statements carried out under section145 of the Charities Act 2011 Ithe 2011 Act). In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 1451511bl of the 2011 Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 01 the 2011 Act. We confirm that we are qualified lo undertake the examination because we are a member of ICAEW, which is one of the listed bodies. We have completed our examination. We confirm that no matters have come lo our attention in connection with the examination giving us cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records., or the financial statements 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 lair viev¢ which is not a matter considered as part of an independent examination, or the financial statements have not been prepared in accordance with the methods and princides of the Statement ol Recommended Practice for accounting and reporting by charities applicable to charities preparing th8r accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. We have no concern5 and have come across no other rnatlers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached. Gascoynes Chartered Accountants Gascoyne House Moseleys Farm Business Centre Fornham All Saints Bury St Edmunds SLJffolk IP28 61Y Dated.. 22 November 2024 COMMUNITIES TOGETHER EAST ANGLIA LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AN[) EXPENDITURE ACCOUNT FOR IHE YEAR ENDED 37 MARCH2024 Unrestricted funds 2024 Reslricled funds 2024 Total Total 2024 2023 Notes Income from.. Donations and legacies Charitable activities 9,326 60,000 9,326 878,162 59,180 605,615 818,162 Total income 69,326 818,162 887,488 664,795 Expenditure on.. Charitable activitie5 92,330 875,986 968,316 925,056 Nel expenditure for the year/ Nel movement in funds 123,0041 157,8241 180,8281 1260,2611 Fund balances at l April 2023 104,162 64,829 168,991 429,252 Fund balances at 31 March 2024 81,158 7,005 88,163 168,991 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirerrents for an incorre and expenditure account under the Companies Act 2006. COMMUNITIES TOGETHER EAST ANGLIA LTD BALANCE SHEET ASA131MARCH2024 2024 2023 Notes Fixed assets Tangible assets Investments 729 100 911 100 829 Current assets Debtors Cash at bank and in hand 120,241 111,066 177,644 147,818 231,307 1143,9731 325,462 1157,4821 Creditors.. amounts falling due within one year Nel current assets 87,334 167,980 Total assets less current liabilities 88,163 168,991 Income funds Reslricled funds Unrestricted funds 7,005 81,158 64,829 104,162 88,163 168,991 The company is enliiled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirements of the Comparies Act 2006 with respect to accounting records and the preparation of financial slalemenl5. The members have not required the company lo obtain an audit of its financial statements for the )ear in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies regime. The financial statement5 were approved by the Trustees on 22 November 2024 Mrs N Bradford Trustee Company Registration No. 02636217 COMMUNITIES TOGETHER EAST ANGLIA LTD NOTES TO THE FINANCIAL STATEMENTS FOR IHE YEAR ENDED 37 MARCH2024 Accounting policies Charity information Communities Together East Anglia Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is Red Gables, Ipswich Road, Stowmarket, IPI 41 BE. l.l Accounting convention The financial statements have been prepared in accordance with the charity's financial policy, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021" las amended for accounting periods commencing from I january 20191. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 UpdaÈ Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amount5 in these financial statements are rounded to the nearest £, The financial statements have been prepared under the historical cost convention, Imodilied lo indude the revaluation ol freehold properties and lo include investment properties and certain financial instruments al fair valuel. The principal accounting policies adopted are sel out below. 1.2 Going concern At the lime of approving the financial stalemenls, the Iruslees have a reasonable expectation that the charity has adequate resources lo continue in operational existence lor the foreseeable future. Thus the truste￿ continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unreslricled funds are available for use al the discretion of the trustees in furtherance ol their charitable objectives. Restricted funds are subject lo specific conditions by donors as lo how they may be used. The purposes and uses of the restricted funds are set out in the notes lo the financial statements. Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the charity. 1.4 Incoming resources All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the funds, it is probable that the income will be received and the amount can be measured reliably. 1.5 Resources expended Liabilities are recognised as expendilLJre as soon as there is a legal or constructive obligation committing the charity lo that expendilLJre, it is probably that a transfer of economic benefits will be required in settlement and the amount of the obligation can be reliably measured. 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 allributed to particular headings they have been allocated lo the adivitie5 on a bas15 cons1Stent with the use of resource5, Software 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 5 years straight line Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following ba5es'. Plant and equipment 20% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activitie5. COMMUNITIES TOGETHER EAST ANGLIA LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR IHE YEAR ENDED 37 MARCH2024 Accounting policies (Continued) 1.7 Fixed asset investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are SLibsequently measured at fair value at each reporting date. Changes in fair value are recognised in nel income/lexpenditurel for the year. Transaction costs are expensed as incurred. 1.8 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whÈiher there is any indication that those assets have suffered an impairment 105s. If any such Ind￿ation exists, the recoverable amount of the asset is estimated in order lo determine the extent of the impairment loss lif any). 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other shorl-term liquid investments with original maturities of three months or les5, and bank overdrafts. Bank overdraft5 are shown within borrowings in current 1.10 Financial instruments The charity has elected lo apply the provisions of Section I I 'Basic Financial InslrLJmenls' and Section 12 '0ther Financial Instruments Issues, of FRS102 to all of its financial inslrumenls. Financial instruments are recognised in the charity's balance sheet when the charity become5 party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention lo settle on a net bass or lo realise the asset and settle the liability 5imullaneously, 5asic financi8/assets Basic financial assets, which include debtors and cash and bank balances, are initially measured a transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured al the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financialliabilities Basic financial liabilities, including creditor5 and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured al the present value ol the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rale method, Trade creditors are obligations to pay for goods or sorvices that have boen acquired in tho ordinay courso of operations from suppliers. Amounts payable ère classified as current liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured al amorlised cost using the effective interest method. DereGognition offinonciJlliabi/ities Financial liabilities are derecognised when the charity 5 contractual obligations expire or are discharged or cancelled. COMMUNITIES TOGETHER EAST ANGLIA LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR IHE YEAR ENDED 37 MARCH2024 Donations and legacies Unrestricted funds 2024 Restricted funds 2024 Total Unrestricted funds 2023 2024 Fundraising donation5 9,326 9,326 59,180 Trustees There is no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the 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. Intangible fixed assets Software Cost At l April 2023 and 31 March 2024 3,275 Amorlisation and impairment At l April 2023 and 31 March 2024 3,275 Carrying amount At 31 March 2024 At 31 March 2023 Tangible fixed assets Plant and equipment Cost At l April 2023 18,664 At 31 March 2024 18,664 Depreciation and impairment At l April 2023 Depreciation charged in the year 17,753 182 At 31 March 2024 17,935 Carrying amount At 31 March 2024 729 At 31 March 2023 911 COMMUNITIES TOGETHER EAST ANGLIA LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR IHE YEAR ENDED 37 MARCH2024 Tangible fixed assets (Continued) Fixed èsset investment5 Unlisted investments Cost or valuatior) At l April 2023 and 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 Debtors 2024 2023 Amounts falling due within one year.. Trade debtors Other debtors Prepayments and accrued income 44,877 4,455 70,909 141,178 5,872 30,594 120,241 177,644 Creditors.. amounts falling due within one year 2024 2023 Trade creditors Amounts owed to subsidiary undertakings Accruals and deferred income 135,767 6,031 2,175 13,773 16,486 127,223 143,973 157,482 J ID cn N Ln ¢ co P4 OtX)ON in¢niDM￿O NNM U) CL In U Z COMMUNITIES TOGETHER EAST ANGLIA LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR IHE YEAR ENDED 37 MARCH2024 10 Arnalysis of net 3ssets between funds Tot31 2024 Total 2023 Fund balances at 31 March 2024 are represented by.. Tangible assets Investments Current assets/lliabililiesl 729 100 87,334 911 167,980 88,163 168,991 14- COMMUNITIES TOGETHER EAST ANGLIA LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR IHE YEAR ENDED 37 MARCH2024 Related party transactions Transactions with related parties During the year management charges amounting to £714,71112023 - £634,862) were made by Aspire Together CIC. There was a liability owing disclosed within Trade creditors for unpaid invoices amounting to £119,59812023 - £nill. At the balance sheet date £6,03112023 - £16,108) was included within other creditors ès owing lo Aspire Together CIC, relating to costs paid on behalf of the company. Aspire Together CIC ha5 allotted I￿ ordinary Shares of £1 each to Communities Together East Anglia. These shares represent the tol31 number of shares in iSSLJe and 3rÈ currently unpaid. Any profits generated by Asrire Together CIC will be paid as dividends to Communities Together East Anglia for the use of charitable purposes.