Company giStratIon number: 02636217 Charity registration number: 1004198 COMMUNITIES TOGETHER EAST ANGLIA LTD TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Communities Together East Anglia Ltd Contents Trustees. Report Independent ExamIneS Report Statement of Flnanclal Attivities (induding Income and Expenditure Account) Comparative statement of Finall(ial Activitie5 (including Income and Expendlture Account) Balance Sheet Notss to the Financial Statements 10-14 The followlng pages do not fomi part of the statutory accounts.. Detalled Ststement of Financl81 Athvities (including Income and Expenditure Account) 15
Communities Together East Anglla Ltd Company No. 02636217 Trustees, Report For The Year Ended 31 March 2025 The trustees present thelr report and the financial ststements fcr the year ended 31 Marth 2025. ObJectlve• •nd A¢tlvltl• Alm• and Objectlv Communlues Together East Anglia's objectives a to prornote and undertake charltable attivltles in Suffolk and the whole of East Anglla. The charlty 1mleMentS Its charltable objettlves through community transport. mental health and well-being artivities, communlty activlty and frtend5hip groups and carer support opportunities. vdlth a core alm to reduce loneliness and so¢lal isolation. SlgnMcAnt Actlvltl C•mmunlty Tr•n•p¢Jrt Conn•rtlng Communltle• Contracts (Mld Suffolk) Suffolk County Councll's perslstent funding challenge5 have contlnued to Ilmlt the capaclty of rurnl transport servlces. A dellvery model matching the avallable budget was adopted for the year, and although procurement for a new contratt was planned for September wlth a start In Aprjl 2024, delays led to an extenslon of the exlstlng contract untll September 2025. To address on90ing pressures on mlnlbuses and prlorltlse medlcal appolntments. the servlce successfully recrulted new Community Car volunteers. Reduclng Vehlcle Pressure: Increaslng the number of Communlty Car drlveT5 has shlfted certèln Journeys away from mlnlbuses, reduclng wear and reservlng these vehlcles for larger group trlps. Boostlng Capaclty and Flexlblllty.. More volunteers have enabled the servlce to take on addltlonal one-off booklngs for medical appolntments, wlthout needlng to expand or reallocate the maln fleet. Lowerlng Operatlng Costs: Volunteer drlvers cover trlps that would otherwlse requlre pald staff or hlred vehldes, maxlmlsing lirnlted budgets and keeplng operatlons wlthln fundlng Ilmlts. stNgthenIng Reslllence.. A laryer wol of volunteers helps absorb absences, Illness, or sudden Increèses In demand, ensurlng rural communltlès rémaln connected and appolntments are not mlssed. Improvlng Communlty Reach: Locally based volunteers can Identlfy unmet transport needs In thelr areas, enhanclng soclal connettlons and addresslng gaps before they become crltiul. A well-developed volunteer programme also fosters advocacy through word-of.mouth, supports volunteer retentlon, and bullds goodwlll that strengthens grant appllcatlons and local partnershlps. Rur•l Conn•rt Fundlng was recelved from Mld Suffolk Dlstrfct Councll's Rural Transport Grant Scheme to support communlty transport servlces In the north of Mld Suffolk, connectlng resldents In outlylng villages wlth the local towns. Startlng on 4th November 2024, the 2 year Rural connect Initlatlve was launched to better connect local communlJes and reduce emlsslons. The fleet now Include5 It5 flrst elettrlc vehlcle (EV) Trxl operatlng as a demand- respon51ve pre-bookable door-to-door servlce. Thls grant-funded serylce alms to secure vltal transport routes, reduce road traffic, and lower the reglons carbon footgrlnt. Communlty Eng8gem•nt County-wlde communlty engagement was extended In 2024125, dellverlng events and actlvltles that support health and wellbelng. Staff c05ts were partly covered by the second year of a Reachlng Communitles grant from The Natlonal Lotteryi wlth further operatlonal fundln9 provlded by dlstrirt funders, smaller grants, and the charlty's reserves. Programmes were built on community consultatlon and co-produrtlon, featurlng: CommunlTEA Chlnwags: Monthly soclal groups for people aged 60+. wlth entertalnment, crafts, boccla, games, refreshments, Infomiatlon, and support. You're Welcome.. Regular sodal wellbeing gmups for adults 18+, offertng attivltles, refreshments, and support. Artlve GrDUPS: Fortnlghtly Otago and boccia sesslons in Ipswlch and Eye, dellvered In NHS facilitles to promote strength, confldence, and friendships. Dementia Cafés.. Two weekly cafés in Ipswlch and a monthly sesslon In partner5hlp wlth IDAA, supporting people with dementla and thelr Cars. CommuniTEA Digltal Workshops.. Monthly digitsl 5k1115 5esslons, funded by Suffolk Public Health, ttelplng people Stay connected and manage everyday tasks onllne. P&mlly C•rer Support A Suffolk Communlty Foundatlon grnnt enabled the launch of an eight-week group programme at three Suffolk locaU¢ns for people who have recently ended carlng roles. These sesslons focused on developing life skills, confidence, Identifying trnn5ferable ski115. and exploring volunteerlng or employment. Referrals for counselling continue through MTCIC In Bury St Edmund5. Communlty Conn•rt ..CONTINUED Page I
Communltles Together East Anglla Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Slgnlflcant Actlvltles- contlnued Renamed from "Later Life Community Connect," this 365-day telephone support line Is now open to all adults, handling substantial monthly call volume. The serv1 provides advlce, signpostlng and companlonshlpi although its fundlng ended In March 2025. AFrl¢nd Befrlendlng Servlce Thls Initlative offers per50nentred frtend5hips through telephone, In-person visits, digitsl communication. or pen pal exchanges. In 2024125, a slgnlficant number of matche5 were made. At the end of March 2025, 27 volunteers were Supporting 29 individuals. With fundlng ended, the charity's reserves are supporting ongoing matches, and effort5 are underway to secure new funding for the servi. Collaboratlon, Partnershlp & ¢o-Produrtlon We have developed strongi trusted relationships with a number of Suffolk based regional and nab.onal charities to ensure robust and sustainable relat5onships and referral routes continue for our beneficlaries. We have 3150 been engaged with health and social care SeICe5 on wider issues and concerns and continue to advocate for the benefit of the VCFSE sector In supporting individual's health and wellbeing. We are partners of Healthwatch Suffolk and contlnue to work closely with Ipswlch Dementia Actlon Alliance on jolnt projects. Publlc Benefit The Board of Trustees are aware of their duty to ensure the artivities of CTEA further its charitabfe objertive5 and that artivitles are for the purFK)se of public benefit. Trustees reaffirmed their commitment to advancing the charity's public benefSt objectives. Initiatives are in place to analyse and evidence CtEA's social value for statutory bodies. Volunteers Volunteer roles were expanded acr055 driving, befriending, event support, and digital championing. By year-end, volunteer numbers reached a record high, with over 70 indlviduals dedicating significant time to the charity. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due gard to the Charity Commission's guidance on public benefit. A¢hlevements and Performance M•ln A¢hlevemeDt• During 2024125 acmss our transport Servi$, we carried out 6648 journeys for 7187 passengers wTrth 350 new registrations. Over the 12 months CTEA rdn 279 Community Groups in 34 separate locatlons - weekly, fortnightly, and monthly providing support and friendshlp for over 3,271attendees, helping to meet our objective of reducing lonellness and i501ation in the community. Stsff All cfEA stsff are employed by Aspire Together CIC IATCIC), which is commissioned to deliver CTEA servlces. The tsam con515tently provldes high-quality, reliable, and affordable support to beneflciaries. Due to funding ending for a number of inltlatives during the financial year a staff restrurture was implemented in January 2025. Desplte ongoing changes to management StrUttu, stsff have remained resllient, professlonal, and tommitted to tK)th dlents and the organlsation. Flnanclal Revlew Flnanclal Po$ltlon Financlal data demonstrates that SelveS have been used to maintaln key servIs, while addltional funding Sources were sought. Despite these efft)rts, sufficlent fundlng was not secured. As reported last year, the voluntsry settor remalns under significant flnancial pressu In the aftermath of the pandemic. Total revenues for the year were £740.779 compared with £887,488 in the previous year, refletting the continued hallenges of the last e1ve months in securlng grant fundlng in a flnancially challenglng dimate. This has affected the voluntary sector with funding opportunltles. Totsl resources expended were £737,348, compared wlth £968,316 In the previous year, reflerting the continued commitment from the board and management team to create a robust, effectlve, and sustalnable oryanisatlonal structure, while reducing costs, in line with the organisatlon's strateglc aims. As Is commonplace In the voluntary sertor, the Continued challenge of full cost recovery and acknowledgement of such from commissioners and funding bodies puts pressu on continuation of vital services and support. Page 2
Communities Together East Anglla Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 R•serves Pollcy The Trustee Board has a pollcy to hold an amount equivalent to three months funds to enable the organisatlon to wlnd up in an orderly way should thls become nessary. Due to tho tharlty'5 reserves SUPPOrting mults'ple service5 in the latter part of the year and the Inability to secure arnertt fundlng, trustees-initiated consultations on redundancies In January 2025 to safeguard the charity's fvture and prevent closure. As a result, 10 stsff members, including rnembers of senlor management, left the organlsation. Trustee5 have SIn taken responslbillty for line management, supported by the Tran5POrt Manager and FInan Officer. Although th15 was a s(gnificant thange, it ha5 tted a more sustainable futu for the charity with the potentr'al for regrowth as soon as fundlng allows. Str•teglc Commitment The t¢ard and remainlng management continue to focus on bullding a sustainable organisational stnjttU that aligns with strategic priorltles, despite ongolng challenges around full cost recovery and funding constraints. Invertment Poll¢y The Charfty has no Investments $0 can a¢SS all funds at short notice. structure, Governance and Management 6overnln9 Document Communities Together East Anglia Limited is a charitable company limited by guarantee. Incorwrated on 8th August 1991, and registered as a charity on 23rd September 1991. The company was established under è Memorandum of Association which estsb115he5 the objects and powers of the Charitable Cornpany and Is governed under Its Articles of Assodaty"on. In the event of the company belng wound up members are required to contribute an amount not exceeding £1. The Directors of the company are charity tru5tee5 for the purpose5 of charity law and under the company's Articles are known as members of the trustee board. Under the requirements of the Memorandum and Articles of Associatlon the members of the tnjstee board a elected to serve for a period of the yeats after which they must be re-eletted at the next Annual General Meeting, &4ppolntment of Trugtee• Nlcola 8radfond reb'red by rotatlon and being eligible, offered herself for re-elertion at the Annual General Meeting. Ory•nlMtlon•l Strurtur• crEA has a trustee board who meet four time5 per year 05 a minirnum and hold extraordinary meeting5 as and when required. They are responsible for the strategic direction and policy of the Chalrty. The trustee5 have a stheme of delegation for decislon making outside of trustee meetings. The Chief Executive Offlcer is responsible for ensuring that the charity dellvers the SeICe5 specified and the key performan indlcators are met. Members of staff are ernployed by Aspire Together CIC IATCIC), a wholly owned subsldiary of cfEA. Staff are encouraged and supported to take up formal and informal tralning and development opportunities for their personal and professional development and to further the hlgh-quality services the organi5ation provides. Trdining requlrements and wishe5 are monitored through regular supervision meetings between the employee and line manager and reviewed at annual appraisal meetings. Rel•r•n •nd Admlnl•tratlv• D•tail$ Trurtee* Mr Daryl Chapman Mrs Susan Kay MBE Ms HTrlary Horton {reslgned 2610912024) Lizzie Mapplebrfk (resigned 3011112024) Ms Julle Goss (appointed 2210712025) Charlty Number 1004198 Page 3
Communlties Together East Anglla Ltd Trustees, Report (continued) For The Year Ended 31 March 2025 Company Number 02636217 Reglstsred Offlce Red Gable5 Ipswlch Road Stowmarket Suffolk IP14 IBE Ind•p¢ndent Examlner Gascoynes Gascoyne House M¢)seleys Fam Business Centre Fomham All Saints, Bury St Edmunds Suffolk IP28 6JY Bankers CAF Bank Ltd 25 Kings Hill Avenue West Mallhng Kent. ME19 4JQ Page 4
Communltles Together East Anglia Ltd Trustees, Report (continued) For The Year Ended 31 March 2025 Other Informatlon Futur• Plans CTEA has continued to exnd and develop servlces over the last twelve months, acknowledglng key strengths and focusing on areas of demand and need. The plan for the year ahead is to contlnue to consolidate key services and raise awareness of our organisatlon and objectives, working towards commissioned funding for vitsl services to support health and wellbeing. Charltles Prfndple Source of Fundg We a extremely grateful for personal donatlons ceiVed in this portIng year from Mr Matthew Fullerton. The following organisations have contributed flnancially to support our work through both grants and donatlons: Babergh & Mid Suffolk Distrirt Council Sufft)Ik County Council - Comrnunity Transport Suffolk County CouncS1- Publlc Health East Suffolk Council Thurston Council Funding from Suffolk Community Foundation through REND SNEE Funding from Sufft)Ik Community Foundation through the Suffolk Carers Fund Fundlng from Sufftilk Community Foundation through the Port Community Fijnd FundSng from Suffolk Community Foundation through the Pargiter Trust Fund Fundlng from Suffolk Communlty Foundation through the Suffolk Grantmaking Program Rushmere Parish Coundl Most of our fundlng is awarded as restricted Income - specifically for projects gr pieces of work. Core funding for overhead and management costs for the running of the organi5ab.on continue to be challenging to source. Related Parties Aspire Together CIC, the trading arm of Communities Together East Anglia has cfEA as its only shareholder. All profits in ATCIC become assets of cfEA as the single shareholder, to be employed in furtherlng charltable attlvities. CTEA continues to commission ATCJC to provide staff and services. Asp1 Together CIC suffered a loss for the financial year 2024125 amounting to £5.101 but held net assets of £33.871. Sm•ll Company Rules This report ha5 been prepared in accordance with the special provision5 relating to companie5 subject to the small companies reglme wlthln Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and slgned on its behalf by: F¥4Y M6C Tnjstee 1811112025 Page 5
Communities Together East Anglia Ltd Independent Examiner's Report to the Trustees of Communities Together East Anglla Ltd For The Year Ended 31 March 2025 We repDrt to the charity trustees on our examlnation of the accounts of the Company for the year ended 31 March 2025. Responslbllltles and Basls of Report As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requlrements of the Companies Act 2006 ("the 2006 Art"). Having satysfied ourselves that the accounts of the Company are not reqUId to be audited under Part 16 of the 2006 Act and ?re eligible for independent examination. we report in respect of our examination of your charity's accounts as carried out under settion 145 of the Charitles Act 2011 fthe 2011 Act'}. In carrying out our examlnation we have followed the DirectiOll5 given by the Charity Commlssion under section 145{5) (b) of the 2011 Act, Independent Examlmr's Statement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body Ilsted in section 145 of the 2011 Act. We confitTn that we are qualifled to undertake the examination because we are a member of The Institute of Chartered Accountants In England and Wales, whlch is one of the listed bodles. We have completed our examinatlon. We conflmi that no matters have come to our attention In connectlon wlth the examlnatSon glvln9 us cause to believe.. l. accountlng records were not kept in respert of the Cornpany as requlred by section 386 of the 2006 Att; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requlrements of sertion 396 of the 2006 Att other than any requirpment that the accounts give a 'true and fair vlew, which is not ¥ matter consldered as part of an independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities appllcable to charities preparing thelr accounts in accordance with the Financlal Reporting Standard applicable In the UK and Republic of Ireland {FRS 102). We have no concerns and have come across no other matters In connection with the examination to whlch attention should be drdwn in this report in order to enable a proper understanding of the accounts to be aChed. Gascoynes 1811112025 Ga5coyne House Moseleys Farm Buslness Cent Fomham All Salnts, Bury St Edmunds Suffolk IP28 6JY Page 6
Communities Together East Anglia Ltd Statement of Flnancial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Unrestrlcted Restrlcted funds funds Total funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legades Charitable activities: Charltsble acttvlty 8,753 8.753 9,326 13,438 718,588 732.026 878,162 22,191 718,588 740,779 887,488 EXPENDrruRE ON: Raising funds Charitsble artivitles.. (21,957) 1715,390) {737,347) (968,316) NET INCOME/(EXPENDITURE) 234 3,198 3,432 (80,828) NeT MOVEMEiif IN FUNDS RecoNCILIATION OF FUNDS: Total funds brought forn¥ard 234 3,198 3,432 (80,828) 81,158 7,005 88,163 168,991 TOTAL FUNDS CARIUED FORWARD 12 81,392 10,203 91,595 88.163 The notes on pages 10 to 14 form part of these financial Statements. Page 7
Communities Together East Anglla Ltd Comparative Ststement of Flnancial Actlvltles (Including Income and Expendlture Account) For The Year Ended 31 March 2025 2024 Unrestrlrted ReJtrlrt•d funds funds Total funds Noteg INCOMe AND ENDOWMENTS FROM: Donations and legacies Charitsble activities: Charitsble artivity 9.326 9,326 60.000 818,162 878,162 69,326 818,162 887.488 EXPENDITURE ON: Raising fund5 Charltable a¢tivitses: {92.330) (675,986) (968,316) NEf EXPENDrruRE (23,004) (57.824) (80,828) NET MOVEMENT XN FUt4DS RECONCIUATION OF FUNDS: Total funds brought forward (23,004) (57.824} (80,828) 104.162 64,829 168,991 TOTAL FUNDS CARRIED FORWARD 12 81,158 7,005 88,163 The notes on geS 10 to 14 forni part of these financial statements. Page 8
Communities Together East Anglla Ltd Balance Sheet As At 31 March 2025 2025 2024 Unrestrlcted Restricted funds funds Totsl fund# Totsl fund$ Note$ FIXED ASSErs Tanglble Assets 583 583 729 583 583 729 CURRENT ASSETS Debtors Investments Cash at bank and in hand 119.433 loo 119,433 loo 20,581 120,242 loo 111.066 io 10.378 10,203 129,911 10,203 140,114 231,408 Credltors: Amounts Falllng Due Wlthln On• Year li (49,102) (49,102) (143,974) NET CURRENT ASSETS ILIABILrrxES) 80,809 10,203 91,012 87,434 TOTAL ASSETS LESS CURRENT LIABILITIES 81,392 10,203 91,595 88,163 NEf ASSETS 81,392 10,203 91.595 88,163 FUNDS OF THE CHARITY Restricted Funds Unrestrirted Funds 10.203 81.392 7.005 81,158 TOTAL FUNDS 12 91,595 88,163 For the year ending 31 March 2025 the charftable company wa5 entitled to exemption from audit under settlon 477 of the Companies Att 2006 relating to small cornpanies. The members have not qUired the chadtsble company to obtain an audit in accordance with section 476 of the Companie5 Att 2006. The trustees acknowledge thelr responsibllltles for complylng with the requlrements of the Act wlth respect to accountlng record5 and the preparation of accounts. These accounts have been prepared in acrdanCe wlth the provlsions appllcable to companles subject to the small companles regime. On behatf of the trard Trustee 1811112025 The notes on pages 10 to 14 form part of these financial statements. Page 9
Communities Together East Anglla Ltd Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Informatlon Communities Together East Anglia Ltd is a private company limited by guarantee, incorporated in England & Walesi registered number 02636217 and registered charity number 1004198. The registered office is Red Gables, Epswich Road, Stowmarket, Suffolk, IP14 IBE. 2. Accountlnq Poll¢les 2.1. Basls of PreparJtlon of Flnancial Ststements The Tinoncial statements have been prepared In accordance with the Charities SORP IFRS 102) "Accountlng and Reporting by Charitie5'. Statement of Recommended Prattice applicable to charities preparin9 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effertive I January 20191. Financial Reporting Standard 102 "The Financlal Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitsble company Is a Publlc Beneflt Entity as defined by FRS 102. 2.2. Golng Concern Dlscloiure At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resour to contlnue in operational existence for the foreseeable future. Thus the trustees contlnue to adopt the golng concern basis of accounting in preparfng the financial statements. 2.3. Fund A¢¢ountlng Unrestr(tted funds can be use&J in acctsrdance with the charitable objectives at the dlscretion of the trustee5. Restrirted funds are subject to specific conditions by donors as to how they may be used.The purposes of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donots that the capital must be maintained by the charity. 2.4. Incomlng Resources All income is recognlsed in the Statement of Financial Activities once the charity ttas entitlernent to the funds, it is probable that the income will be received and the amount can be measured reliably. 2.5. Resources Expended Uabllltles are r&ognised as eKpendlture as soon as there is a legal or construtttve obligatlon committ4ng the charity to that expenditure, it is probably that a transfer of economic benefits will be required in settlement and the amount of the obligatlon can be reliably measured. Expenditure is accounted for on an accruals basis and has been classified under headings that a99gate all cost related to the category, Where costs cannot be directly attributed lo particul¥r headlngs they have been allocated to the activities on a basis consistent wlth the use of resources. 2.6. Tanglble Flxed Assets ¥nd Depreclatlon Tanglble fixed assets are rneasud at cost less accumulated depreciation and any accLtmulated Impairment losses. Depreclation is provlded at rate5 ¢al¢ulated to write off the c05t of the fixed 3$5ets, less their estlmated residual value, over their experted useful lives on the followlng bases.. Plant & Machlnery Computer Equipment 20% reduclng balance 4 years stralght Ilne Impalrment of flxed assets At each reporting end date, the charity revlews the carrying amounts of its tèn9ible and Intsngbble assets to detennlne whether there is any indication that those assets have suffered an impaiment loss. If any sltch indication exists, the overable amount of the asset is estlmated in order to determine the extent of the impalrment loss (if any). 2.7. Investments Flxed asset investments are initially MeasUd at transaction prlte excludlng trdnsathon costs. and a subsequentty measured at fair value at each reportlng date. Change5 in fair value a recognised in net incomel(expenditure} for the year. Transartlon costs a expensed as incurred. 2.8. Cash and Cash equlvalents Cash and cash equlvalents are basic financial assets and include cash in hand and deposits hdd at call with banks, other short~term highly liquid investments that mature in no MO than three months from the date of acquisits'on and are readlly convertible to a known amount of cash wlth insignificant risk of change in value, and bank overdrafts. Page 10
Communities Together East Anglia Ltd Notes to the Financlal Statements (contlnued) For The Year Ended 31 March 2025 2.9. Flnancl•l Instrum•nts The charlty has elected to apply the provlslons of Sertion I I 'Baslc Flnanclal Instruments, and sectlon 12 '0ther Financial Instruments 15sues' of FRS 102 to all of its financial Instruments. Financial instruments are recognised In the charity's balan sheet when the charity becomes party to the contrattual provision5 of the instrument. Flnancial assets and liabllltle5 are offset, wlth the net amounts presentsd In the financial statements, when there Is a legally enforceable rlght to set off the recognlsed amounts and there Is an intentlon to settle on a net basls or to reallse the asset and settle the Ilablllty slmultsneously. 2.10. Baslc flnanclal •uets Basic flnanclal assets, whlch Include debtors and cosh and bank balance5, are Initlally measured at transactlon prlce Includlng transartlon costs and are subsequently carried at amortised cost using the effectlve Interest method unless the arrangement constitutes a financing transaction, where the transactlon Is measured at the present value of the future recelpts dlscounted at a market rnte of Inte5t, Flnan¢lal a$set5 classlfled as recelvable withln one year are not èmortlsed, 2.11. Ba*1¢ flnan¢lal Ilabllltl Baslc flnanclal Ilabblltles, Includlng credltors and bank loans are Initlally recogni5ed at transactlon prlce unless the arrangement constitutes a flnanclng transaction, where the debt Instrument is measured at the prèsent value of the future payments dlscounted èt a market rate of Interest. Flnanclal Ilabllltles classifled as payable wlthin one year are not amortlsed. Debt Instruments are subsequently carded at amortlsed cost, uslng the effectlve Interest rate method. Trade Credltors are obll9ations to pay for goods or servbces that have been acqulred In the ordlnary course of operations from suppllers. Amounts payable are classlfled as current Iiabllltles If payment Is due wlthln one year or less. If not, they are presented as non-currènt Ilabllltles.Trade creditors are recognised InIallY at trnnsactlon pr and subsequently measured at amortlsed cost uslng the effectlve Interest method. D•recognltlon of Iln•nd•l Ilabllltle• Financial liabilltles a derecognlsed when the chadty's cantrattual obllgatlons explre or are dlscharyed or cancelled. 3, Incom• from Donatlons and L•gacI•• 202S 2024 Unr••trlct•d Unr••trlct•d fund• fund• Donatlons and 91fts 8,753 9,326 4. N•t Zncom•l(Expendlturn) The net Incomellexpendlture) 15 stated after charglngl(credltlngl.' 202S 2024 8ad debts Depreclatlon of tanglble flxed assets- owned 605 146 182 Page 11
Communities Together East An91ia Ltd Notes to the Flnanclal Statements {contlnued) For The Year Ended 31 March 2025 5. Analygls of Exp¢ndlturn 2025 Actlvities undertaken dlrectly Support {see note 6) Tot•1 Raislng funds 646,743 90.604 737,347 2024 Actlvltles undrtak•n dlrectly Ralslng funds 968,316 6. Support Cost• 2025 Ralsln9 funds Employee costs Premises expenses General adminlstration 41,116 19.043 30,445 90,604 7. Averng• Number of Employee Average nurnber of employees durlng the year was.. 29 12024.. 50) 8. Tanglble Ats Plant & Machlnery Computer Equlpment Totsl As at l April 2024 18,664 3.275 21.939 As at 31 March 2025 18,664 3.275 21,939 Depreclatlon As at l April 2024 Provided during the perlod 17,935 146 3,275 21,210 146 As at 31 March 2025 18.081 3,275 21.356 Nrt 8ook V•lu• As at 31 March 2025 583 583 As at l Aprll 2024 729 729 Page 12
Communities Together East Anglia Ltd Notes to the Financlal Statements (¢ontlnued) For The Year Ended 31 March 2025 9. Debtors 2025 2024 Due wlthln one year Trade debtors Amounts owed by group undertakings other debtors 49,778 39,285 30,370 44,878 75,364 119,433 120.242 10. Current Ass•t Inve•tsn¢nts 2025 2024 Unllsted Investments loo loo 11. Credltar•: Amounts F•llln9 Due Wlthln One Year 2025 2024 Trade creditors Amounts owed to group undertakings Accruals and deferred Income 46,509 135,768 6.031 2.175 2,593 49,102 143,974 12. Movement In Funds As at l Aprll 2024 AsJt31 Expendlture March 2025 Incom• Unrestrlct•d fund• Generdl: Generdl unre5tr1rted fund Re•trlcted funds Later Llfe Communlty & Communlty Connect Passenger Transport Specialist Projects Communlty Engagement Natlonal Lottery Communty Engagement 81,158 22,191 121,957) 81,392 531 1,112 2,716 79 2,567 8,816 560,988 49,361 99,423 1109,232) (356,463) {64,515) (185,180) (99,885) 205,637 (12,438) (85,678) 2,567 Total rertrlrted funds 7,005 718,588 {715,390) 10,203 Total fund• 88,163 740,779 {737.347) 91,595 As at l Aprll 2023 Asat31 ExPendIre Narch 2024 Zncome Unrnjtrlcted funds General.. General unrestricted fund Restrlcted funds 104,162 69.326 (92.330) 81,158 ..CONTINUED Page 13
Communities Together East Anglia Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 Later Life Community & Community Connect Suffolk Carers Matter Passenger Transport Specialist Proje Cornmunity Engagement National Lottery Communty Engagement 20,766 12,304 72.640 {47,1981 3,750 2,567 51.192 19,891 432,146 106,492 208,441 (71,427) (32,195) {503,674) 156,57B) {212.112) 531 1,112 2,716 79 2,567 Total regtrfcted funds 64,829 818,162 1875,986) 7,005 Totsl furMIs 168.991 887.488 (968,316) 88,163 13. TrJnsKtlons wlth Truste None of the trustees received any MuneratIon or ony other benefits from an employment with the charity or a related entity during the current or previous year. No trustee expenses have been incurred. 14. Related Party DIKlosures During the year management charges amounting to £594,537 {2024 £714,711) were made by Aspire Together CIC. There was a liability owing disclosed wlthit) Trade creditors for unpaid invoices amounting to £34,266 (2024 - £119,598). At the balance Sheet date £nil (2024 - £6.0311 was included within other creditors as owing to Aspire Together CIC, relating to costs paid on behalf of the company. Aspire Together CIC has allotted 100 ordinary shares of £1 each to Communities Together East Anglia. These shares represent the total number of shares in Issue and are currently unpaid. Any profits generated by ASre Together CIC will be paid as dividends to Communities Together East Anglia for the use of charitable purposes 15. Company Ilmlted by guarantse The company Is Ilmited by guarantee and has no share capital. Every member of the company undertakes to contribyte to the assets of the company. in the event of a wtndlng up. such an amount as may be required not exceeding £1. Page 14
Communities Together East Anglla Ltd Detailed Statement of Flnanclal Actlvltles (including Income and Expendlture Account) For The Year Ended 31 March 2025 2025 2024 Total funds Totsl funds INCOME AND ENDOWMENTS FROM: Don•tlon$ and l•ga¢ies Donatlons and gifts 8,753 9,326 8,753 9,326 Charltsbl• Actlvftlej: Charltable actlvlty Community transport and actlvities 732.026 878.162 732.026 878,162 740,779 887,488 EXPENDITURE ON: Ralslng funds Purchases Community transport and attivlties costs RF CAI - Charitable expenditure 2 Hire and leasing of rwtor vehides Hire and leasing of other assets Management fees Vehicle inSUrdn costs Computer software, consumables and maintenance Repairs, renewals and maintenance Insurance Subscriptlons Depreciation of plant and machinery other interest payable Recruitment costs Staff welfare Staff entertainlng Travel expenses Rent Hire and leasing of other assets Pr4nting, postage and staty"onery Advertising and marketing costs Accountancy fees Professlonal fees Bank charges 8ad debts wrStten off Entertaining Sundry expenses (4,511) {92,148) {875,986) (26,142) 11,447) (594,537) {7.451) {533) 1830) {433) 19,871) 1146) 1842) (506) {254) {8) (40,348} (19,043) (7,484) (8,499) (5,208) (175) (2,083) (1,428) (605) {3,095) {1,868) (737,3471 {182) (968,316) (737.347) (968,316) NET INCOME/{EXPENDrruRe) 3,432 {80.828) Page 15