Company r¢gisti?tion number-. 03251512 Charity registraÉÉoTr number.. 1060789 Ashiana Community Project {A conipany limitsd by guarantee) Annual Report and Financial StatemeRts for the Yea¥ Ended 30 S¢ptember 2023
Ashiana Commuiiity Project Contents Trustees, Rcport tD7 IndependeEJt Exami1r,$ Report Statement of Fin&iicial Activities &lance Sheet 10 St&lenienl of Cash Flows Noles to the Fin)n¢ial Stal¢metL15 12to22
Ashiana Community Project Trustees, Report The truste¢s, who are diirclors fo¥ the purposes of company law, present the annual report tngEilicr with the financial StateM¢ts and &uditors' report of th¢ ih4ril8ble company for the ye&r ellded 30 Septcmber 2023. Objeetives Activities Objec15 EE]surc good relatlOll8 betweeij service provideis and our comiiiuttities PIDlliOte a cottimon vision of working togetl)ei' to cveate % sense of belongiiig for everyone Delivtr eustomised Infoiniation. Advice and 8uidance service tliat individuals meet indtvidual's needs. PtL)vide services includiiig iia&ntng that improves employability of indivsduals. Implve the basic.gkills and expertise ofilldividuals by colbiJi1g l¢(trning with social a¢tivities Help pcople to access seivice5 and opportunities within tlie comiiiunities wlieJE we operate Suppoit young people not in educatioD, employment or trainfng to impiDve their prospects Help individuals 8aiii aGces4 to all their riglitful social welfair provisioii. 4 Suppojt ivoiiien to access services th2t ijiiprove theii pei'sonal and family eiicui#st&i)ces. Provide f&calities at)d service5 tlIAt the wmmiitiity uses and values Proimote social in¢lLFsion using arts aiid pl)ysical activities. Suppon peoples iiielllal Healili Suppoil i[dIvidUalS tliiougli times of dffIcultY and b¢ a pai1 of tlieii. succes5¢S 'SLEPPOrting Comn)uniiy AspiratEon" Every project will Enshrine the prÈn¢iples of tlie charity artd aligll themati¢ areas of oiii. work by ¢n5uring b¢neficiaries reretve the most appropriate level of s¢rvi¢e 10 empower them to achieve positive outconie5. Reduce inequAlity by recOls1g diversity and celebraling differenc Imprtsve equality, dignily and resp¢ct within our local communities Support thos¢ in disadvantage lo become indcpeftdent and in control of their life choic¢s Empower individiials and th¢ii' families to achieve theii. potcnÉial Page I
Ashiana Community Project Trustees, Report Objeclivu, slrrtlegies uiirfl ocliviiles Missions ACP exists to Sti'ive lo iillpiDve the quality of life for people. Oiir mis5I011 IS to enable individuals, lo improve theii. qualÉty of life by working together, in crEalillg opporliiniti¢s for the coJi)Jiiiinity, iiidividiials &nd laMilie5 to iinprove their circiimstances aiid be the best they con possibly be. This rncludes creating a IEsour¢¢ful ¢nvironmei)t. built iipon a partiiership of tlle coinmunity, public and private Sectors tlial enables growth in an itlclusive and 5llPPOrtiYe ati))osphere tli&t can be Teplicaled and adapted where necessary. The ti"usle¢s a¥id slatT wal.k io provide an ¢lPViTonineiit that siipport8 and e&blIng gn)ivtl? And development of iiidividiials iti the cominunity, in a re5011rceful, inclusive and supportive alniosphere Keys to S¢¢ess Management, Staff and voluntecrs, siipportEd by trustees, woi.k to ti'aiislate activities into positive outcotnes for Thi5 has been realised by • Girater ii?volvenieiit of service users in Ilie desigiiiiig curiEnt aryd rtew seiwi¢es,' co-desigii. Establisl)iiig coiivtrsatioiis #lid con8ultati(Iii witli stakeholdeit and sei'vice iisers Gatlier local knowledg¢ and intellixence on the issiies foring conununiti¢s Mainiainino a cleai. aiid effective focus 011 iijeelitjg coi)IiMuÉ)ity asyiiatlOll5. Maintainiii8 and developi11 a skilled aiid coi)IiMiited woi'kfoi'ce MailitalillIg a cultut'e of coiiliiluous iiiiproveiiient ia the deltvery of all services including meeting qiialily as511rance stai)daTds and kit¢-ma¥ks aiid resJx)ndiiig to tlie parliciilar Treeds of clianging aiid evolving ¢oinmuiiities Aeliieving st15tainabiliLy Ilii'ougji seciii'ing a diversified J'ange of fiiiiding opportiinities to support exislitig sei'viees and to develop new ones Tlie ability to sectsiE aiid deltver liigl)ei' value coiiti'aGts. thi'oiigli parlnersliip aiid coiisoiiiiin) delivcjy Tlie ability to effectively Inarkct seivices Rnd ijasi aelii¢veiiieiits to bolli clients and servsGe conimissioners Developing a Iiigh perfoi'iiiiiig Boai'd witli tli¢ iitcessai?, skills, ¢oniieclioi)s and iiiotivatioji Siipporl, iiui'luit aiid develop ni¢nibeiE of staff to1val5 COI)tIllU0115 pi.ofe5sioiial developii)ent. Ptt)vide siipi)orL to Etisiire staff Ineinbets art coinfojtablc iii ¢lieir woi'king practices + Pi'oii)ote a coiniiioi? visioii of woi'kiilg logeiliei. Io Crtale a seiise of beloiigiiig for everyoiie. Pyovide effective supei'vision and equalsty of oijportuiiili¢S. Ci¢atc aiid liphold a safegiiardiiig elhos. Resolve conceins plj7)Vtly. Page 2
Ashiana Community Project Trustees, Repoi't Perfoi'n)ance The demand foi. servi¢es has conlinll¢d to grow year by year and we ar¢ seeing an iticreasing number of clients. However, Iviih support of all stakeholders, voliinte¢rs, partners artd the commutiity, woi'king togethev, the results of tlie WO a presented b¢low' Women Wellbeing Hub This multi nded progi?mme lias enabled us to suppoil. encourage and ¢inpower women who are seeking to impiDve tlieir skills to become economically and socially mojt a¢iive. Thi5 year we have deliveied se]wi¢es to over 1200 women. We have in¢reas¢d our face to face health and mÈndfuliiess se5sionb bul still provide acce55 Using online and social media platfoTins. We have piDvided a numbei. of aTts sessions. Wt have also delivered a sp¢cEfic support prognymine for women in situations of abSe. As result of the supw)rt 216 women hav¢ b¢eii abl¢ to ftnd help and 154 have escaped potential lif¢ thrrating situations. W¢ ¢Olltinue 10 trairt menlors and voluThteer5 who subsequently lead and support &ctiviti¢s and evettts within our projects. We &i"e supportiijg employers lo Iielp and underslgnd m¢nopa115e attd related issues. As well providing advice and guidance to women looking lo have children or in eai'ly stages of pregnancy. ACP utilis¢ commiiiiity actor5 to gain greater reach and incr¢a$ed provision, thus be¢omi1 the foundatLOElS to pro1Ote key Inessag¢s into the iOTnmunity ACP Advice Our advice s¢rvice is an ii?tegral provision of the Gharity and contÈnues to be a service that has a very high demand from thc con]muiiity. Th¢ impact of welfare reforms ¢inE¢S, compounded by flie economi¢ and Iiealth impact of the Covid pandemic continues lo have a sEgJificaiit impact on elements of th¢ community we serve. This has had Art effect on the deniand for welfaiE benefits relaied advice, social care benefit IPIP) The advice servi¢e addr¢sses the needs of rlicnls with p¢rsonalised Information, advice guidance support to address COIE 155UES. Th¢ circumstances #ffe¢ting an individual often have repercussions for the whole family. OUT pvovision aims to pIDvid¢ a holistic I'esponse to ISSU¢5 presented that may involve a niitnber of in-house or exteimal sei'vic¢s. We tlierefore have a Yefei'ral Inecli2Mism foi. sign p051ing clients to speGialist agencies when necessary In this year, ACP has support¢d 1800+ new ¢lienrs as well as colltinlling to 5pport ovei. 2500 ¢xistin8 clients. Achieving 6000+ positive Outcole$ (averaging 1.4 per Gli¢nt> and gen¢roting over £12,419,161 of welfair siipport for aui. beneficiaries. A5 well as tl)e benefit support, we offered d¢bt managemeiit support to 712 people. this resLtlted in the debt burd¢ betll8 eased for the clients. Page 3
Ashiana Commullity Projeet Trustees, Report Cafers PiYijecl- ACP is commissioiied, as tlie lead organisation of a consortiuin with other coEnmunity PlDviders, by Forward Carers, to 5llPPOIt carer.% itTrprove Ilieii. cijciimslaiices, piDvidillg advice, giiidance arid lo oY¢i'¢oine barriers Iliey face or issiies Ihey have. ACP 5UPPOrted 602 Car¢rs, predominalltly f1M ilie BAME community. We liave idelltified many hidden carei's especially amojigst disadvantage individiials and familie5 and oiir work has addirssed many bari'iers aiid intliiencing policy lo effectively siippoi'l carer5 and their fainilies. We have eiiabled Care to access £130,OOQ of carers SUPPOrt giant Einployiment Training- Oliremployment and training piK>graniilles have provided a variety oftraining and siipport ses8ioiis et]abling people to acce%s QT iiiipIDve Ilieii. employineol. Workiiiv in with a variety of pttfttiers ive have delivered toiirses and siipport incliiding CV ivriiing and Job seaiEII Projeets within this progyafflrne are STEPPING UP- Is a progTRmme that assists and siipports people fartliesl away from tIE¢ laboiii. market piDvidiiig iiilervenlion ai)d support thali ejiables individuals to piDgr¢ss towards employment. Thi5 pIM)gra111111e has been winding down in thi5 fiiianeial year as we focus on Prospeioiis Fiilui'cs and X-cite proEran)mes. AEGIS- The programme has siippoi'led people who air iti employment to ifftprove and progiess their edii¢ational engagement aiid acliieveineni th115 tnliancit)g their c8reei' piyispects. A5 Wlth Stcpping lip this piDwamme is winding down atjd OLir siippo)rl or employed woi'kers will be provided throligh Prosperoiis Fiiiiires. PROSPEROUS FUTURES- A piy)grainin¢ to SilPPDrls pEopl¢, with low skills. in low paid employnient to 8cquifE skills tliat enhances their ciii'renl eniploymeiil or enables them lo piDgi¢ss tlieii. educalion aiid hence careei. piospects. We siipporl¢d ower 833 clienis in th¢ last 12 11)ot)ths. ACP as th¢ lead oi'ganisatioji for Pwsperous Futures X-CITE- Fociisiiig on yoiiiig people, 15 -29 not in educa¢ion, cmployment oi. traiiiing, INEETS) this progi'an)ii)e offer5 a vai'iety of suppoi'l,. CV wi'lling and updates, giiidan¢e and siipport to access t17ining or 'a¢cess lo ti'aii)ing' pIN)graniiiics, interviBW aiid ernploymeijt siipporl. We SElPPOlted ovei. 745 clients Èn this financial year Financial Review A511iana Cc>inmunity Projcct employs Oiiyx A¢¢outstants to carry out accountaiicy and busincss consiiltancy work. AIoi18 Wjtli prodiiGing Ilie aiiniial accouiits, there are montlily finance IManMg¢inent iiieetitigs that lake place to ensurc adeqiiate fIiiaiice control pi'o¢esses ale ernbedded aiid 0118oing i'eviews iegarding tl)e pei'foinianfj¢ of tli¢ oi-ganis&iion. For tlie yeai. elided Seiileiiiber ?Q23 the iÈJcoine surpassed tlie £1 iiiillioii i)i?I tk wlii¢h woiild oi'diiiHITly niean tliat an audit is ItquiiEd. Tlie cliarily IIAve dejnoiistrated tliat tl)is was a oiie-off occiii'reiice wlii¢li in tli¢ 2024 yeai. Iheiy is cvidence that tl)e ineotne will be 111idei' £1 iiiillioti co1C SepieiiibEr 2024. PagE 4
Ashialla Community Project Trusteesl Report Future Plan5 ACP has agreed a busiiie%8 plan for thc smooth exit from Ilje ESIF funding. We aim to ¢xplor¢ how we focus 011 our coi'¢ activity of supporlillg local people Wth inultipl¢ needs. This will in¢liide testing a comprehensive wellbeiii8 pro81?mme that addiEsses fllnd&niental elemejits of poverty aiid deprivation, finan¢tal issues, health &nd w¢llbeifjg suppoit, social cair suppoit and cultural developmeiit. Oui. WOTk will involve the support for our oldei. gene12tions and the engagement of ¢ommuEJity ill providing relevant and appropriAle care. We aim to build on our activity with peopl¢ with specifi¢ liealth ¢onditioE)s e.g. di&betes, coronary heart disease and respiratory illnesses lo investigate how simple h¢alih &nd wellbeing ineasui'es can reduce the risk of further d¢terioi?tion in healtli ¢specially amon£sl BAME cominuniti¢s. We acknowledge the changing landscape for commissioning and fundiiig and continually looking at a contract- based model and seekit]g exl6rnal as%i%tance and Spport to develop strojig business cases to provid¢ services tEnd¢ved by funders as we[ the requirei))ents of the community and th¢ users of the c¢nti'e. We arealso ¢onssdei'ing wider partnerships to replicate our woi'k wEth other charilies and currently Énvestiiig time in conversations discussions lo take this mod¢l fiirtl)¢r. Reserves Poli¢y Ashiatha Community Project rEcogni5es the important of continuation of its servÉces meeting ils chai'itable objeetive5. The tru.llee ha% taken steps to hold reserves lo protect the charity against ev¢ntualiti¢s or futureehanges that may place the oi"ganisation in finat)cial I'isk. Trustees considei. that iii the ciirrent un¢eitain ¢¢onomic climate for th¢ setloi., and with tlie need for continued diligence #nd r¢sti'u¢turing that the ACP Should aim to hold as free reserves a level equtvalent to three months out8OIM8 resourcts plus an estimate of the current lÈAbility for redundancy pay on existing st8ff without the Cuent service contract5 that we undertake. Tl)is ¢urreJitly equates to £150,000 to Cover 3 months of Emergen¢y operation c05t5 aiid I'edundan¢y res¢rve. We h&ve a¢hi¢ved this object. Trustees g1)d offieet The trustees and officers serving during the year and s1Ce the year ¢nd were as follows.. Trustees- Mr N Qureshi Mrs U P Patel Ms M Salinon Mr P Hussain Page 5
A5hiana Community Project Trustees, Report StructUlY> goveYi)anee aAd mallxgemeiit ACP eihployed oil avcragc 40 FTF. staff and pix>vided essential s£rvi¢es to Ilie most vuljierable membeis of our ¢omrniinity 5¢1vicing those mosi in iieed. We sustained ¢ollaboiative woi'king relationship with local Cornimunity oi'ganisations and cliai'ilies to inciE&se access to seivices. Tlii'ougliout the year, face to face provision has rokntinued to incirase, tlie onslaiight of food and fuel pi'i¢¢s, the cost-of-liviiig ¢risis has also led to ali increase in demand for oiii. seivi¢es. D¢mands foT 5uppoiI has also inciyased significantly. ACP contÉniies lo ir5ti'ucture provision to offer a wide of intervenlioiis 10 In¢et the demands. We cngaged with over 5,200 people using val'loi platforms including SOGial media. We continue hold oiij. Matrix and Investor in People accredilation. We contiiiue lo moniloi'attd assE55 best PTaclice in oiii. staff 11)ana4ellieiit and pyoject delivery piMGtice. Oiii. 8ei'vices fociis on 2 people'% wellbe(ng and pe.0#1 developittet)t. The trustets I'eceive pOrtS moniloringprovision 8iid cnsui'ing on goingqLiality of provision. Trustees have agired post ESIF fiindiiig stt'ucliire ACP, so that we cali sustain its servi¢es at)d continiie lo delivei. seamlr55 Pl-ovlsion that can illeet th¢ incirasTiig demand5 from the comn)uiiity in a safe and tllJSted enviJDnment. StAtement of trustee5' re5pDiisibllltios The Irtsstees Iwlio ale also tlie dii'e¢tors Df Asl]iai Coininutiity Project for Ilie purposes of co#ipany 14w) are respoiisible for prepariiig Ilje IrLislees' report and the fiiiaiieial stoieii)¢nt5 iii accoiYlat]ce with applicable law aiid United Kingdom Accounting Slaftdard5 Iuiiiled Kiii%dL)m Genei&lly Accepted Accoiintiiig PraGtscel, iiicluding FRS 102 'The Fiiiati¢i)l Reporting Staadard applicable in th¢ UK and Repiiblic of IIEland" ColpalY law requiirs ihe trustees to prepaie fatLaiici<il staÉeJnents for each finaii¢ial yeaT. Under coinpaiiy law the trustees m(Ist not appi'ove tlie finaiicial 5tatein¢nts iinless they aiy satisfied that Iliey give a true alid fair view of th¢ slatc of affails oftlie chai'ilable company aiid of tlie iticoming re50111re5 and applicatioii of resoiir¢¢5, includijig its income and expenditure, of ilie cliaritable compaiiy for that pei'iod. In pirparittg these finai)Gial 51atemenls, the ITU5tecs &re reqiiired to.. select suitable AceoiintÈng polici¢s and apply IhEllE consislently. ob5¢1ve the meihods and priii¢iples in Ilie Chai'ities SORP,. Itiake judgen)eiJts and estiniates that are lE50nable and prudent, state wlietliei. applicable accoiintiiig sldndards, coiiipi'ising FRS 102 have been followed. siibject lo aiiy ialei'ial departures disclosed and cxplained iii the fJiKiicial slaternents: and pirpare ihe financtal StateltlS oli tlie going coii¢em basis iinless it És tiiappi'opitate to presume that the cliaritable company will continue in biisines5. The tiiistees are iespollsible foj. keepin¥ pixJpei' a¢¢ountiiig Ircords tliat cali disclose witb IEasonable acciij'acy al Coinply witli the CotiitJ(iiiiBs Act 2006. They are also 1'espoJ15ible for safeguardiiiu Ilie assels of the charitable ¢IJIIIPclliy and htiice foj. taking reasonable slei)s foi. Ilie piEv¥nliun aiid detectioii of fraud aiid 0111¢r ii'regiilarilies. The ti'uslees ail 115poiisib5c foi. Ihe maiiileiiaiiee aiid integrity of tli¢ ¢oi'poi'&¢6 aiid fjnancial infoiination included on tlie c111¢ rilable coiilpanS website. Lcgislalion govei'nin¥ the prepai'ation aiid disseininatioii of financial statenieiirs Inay differ fiY)ni legislalioi) in olliei. jiirisdictions. Page 6
A5hialla Community Project Trustees, Report A¢lcrtowlcdRenients ACP has been able lo contlllue with the services due to our fundet% and partners. We the Trustees and stsff of ACP woiild lik¢ to say A BIG TFIANK YOU to.. Big Lottery- Helen Kelly Lloyds Foundation- Peter Cunnison Tudor Tiwst. Ni¢ky Lappin Forward Cai'ti's- Simtsn Fcnton Thc Depailment of Woi'k and Pensions - Shahzad Aziz Pohwer- Abdul Rahim Small Fltath Cominunity Forum- Zualfquar Hussaift Birmiiigham City Countil The Henyy Smith charity The Department for Health and Social Cair- Pauline Thotnas LoGalily The annual report was approved by th¢ trvste¢s of the charity on 25 June 2024 and skgned on its behalf by.. MY Na¢¢m Qui'eshi Trustee Page 7
Ashiana Community Project Iiidependent Examiner's Report to the trustees of Ashiaiia Comn)unity Project ('the Company,) I reportto tlie charity trustees on IY exainination of the a¢¢ounls of tlie Conipany for theyear ¢nded 30 September 2023, Respoll5ibilities gnd b#5is of report As the chai'ity's ts'ustee$ of the Coi)Ipaiiy (and also its diTectois foi. tlie purposes of conipany law) you 8re responsible for the pirparation of tlie accoiints iii ac¢ordanGe with tlie requiiritjents of the Coinpanies Act 2006 I'tlie 2006 Act,). Having $8tisfied myself that tlie a¢¢ount5 Of the Coinpany are nol ieqiiir¢d to bE aiidited under Part 16 of the 2006 A¢1 an¢J are eligible foi. independeiil exainination. I IEporl in iesi)ect of niy exaillinalioji otyoui. cliarity's accouiits as Larried out undei. sectioli 145 of tlie Cliai'ities Act 20 I l ('Ilie 2011 A¢t'l. In cariying out Iiiy exainiiiatioii I ljave followed the DEirctions givcn by the ClTrarity Comini5sion under s¢¢tion 14515Kb) of the 2011 Ac¢. Inilepeiident oxamineR' s stfiteiiiemt Since the Coinpany's giDs5 illGOmC exceeded £250,000 youiexaminer tiiiist be a niemberof a body listed in section 145 of Ilie 2011 Act. l ¢onfiiTh tliat l ani qiialified to undertake the examiiiation because l al a Tnemb¢i'of ACMA, whicl) is one of the listed bodies. I have coniplet¢d tny exaniit)ation. I confimi ihat no niatters hove ¢omE to my attention in contjection with Ili¢ exaliiiikatDn giviiig me cause to believe.. aecoti*tii?g records weiE JK)t kept in r¢spert of Ashian& Comniunity Project as irqiiiiEd by section 386 of the 2006 Act,. OF 2, the arcoiiiits do iiol accord with those records., oi. 3. the accounts do not coniply willi tlie ac¢oiiniing requirelentS of se¢tion 396 of tli¢ 2006 Act otlier tl)an any IwuireFn¢nl that the aceoutils give a 'true ai)d fair view. whicl) is not a Emattei. considei'¢d as part of 1¢ ll independent examinatioi); or 4. tlie accoiiiits hav¢ iioi been PlEpaiEd iii a¢cordance with tlie ineili(xls and principles of tlie Statciiieiil of ReeomJi)ended Practice foi. accounliii¥ aiid rEporlFng by chai'ities lappli¢&ble to cl)ai'ities prepai'iii¥ their ac¢ouiitS Ill HGCOTdanc¢ witli the Fii)aii¢ial R¢poilii?g Siaiidai'd applicable iii the UK and Repiiblic of Irel<iiid IFRS 10211. I liave no concerns aiid have coine across no oili¢r rnattei's in conjieclioii willi tl)e exaiiiinatioii to wliicl) ati¢iitioii shokild be drawii iii this report iii ol'der to eiiÉible a proi)er nde1'stlidig of Ili¢ u¢counts to be reached. Pair511 Bodliaiii ACMA 25 June 2024 Page 8
Ashiana Community Project Statement of Financial Activities for the Year Ended 30 September 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losse$> Unresti'icted fund5 Total 2023 Tothl 2D22 Retsti'icted fuiids Note Income And Endowments fi'om.. Chai'irable activitie5 Oth¢r trading activities 2,371,732 954,540 3,192 3,326.272 92.561 901,777 Total incon 2461.101 957,732 3418833 996 372 Expenditure on: Chai'itable activities (1474.812 1,344,715 (2.819,527 869,499 Totol expenditure 1474.812 1,344 715 2819527 869 499 Net income/(expenditiire) Ti'ansfcis between tiind5 986,289 59.834 1386,9851 59,834 599.306 126,873 Net tnovement In fund% 1,046,123 1446,8 17) 599,306 126.873 Re¢orieiligtion of fund5 Total fund5 brought forwai'd 948,134 315 468 1,263,602 1.136,729 Total fuE]ds caii'ied forward 14 1994.257 131 349 Uni'esti'icted funds 1.862 908 1,263,602 Total 2022 Resti'iet¢d fuiids Note In¢om¢ Aild Eiidowmtnts from: Charitable actrvilie5 Other tradÈng activities 208,108 45,876 693.669 48.719 901.777 Total illcome 253,984 742,388 [[ xpenditure on: Chai'itable actÈvities 338,680 530,819 (869 499 Total expendsture 338,680 530,819 869.499 Net lexp¢ndituirlltiitoJne Trallsfers between fiiiids {84,696} 199 113 211,569 199,113 126.873 Net movEinent in funds 12,456 126,873 Recoijciliation of fujids Total futids brought foi'ward 833.717 303 012 1 136 729 Total fuiids cai'ried foTWdrd 14 948.134 315,468 1,263 602 All of Ili¢ Charity's activities derive from ¢onlitlElit)g operations dui'iiig the above two peTiods. The futids breakdowii foi. 2022 is shown iii note 14. The not¢s oil pages 12 to 22 forjn an integral pa2t of these fincln¢i&l stateinents. Page 9
Ashiana Community Project (Registration iiumber: 03251512) Balgnce Sheet a5 at 30 Septembei. 2023 2023 2022 Not¢ Fixed a$srt5 Taii8ible &ssets 551,930 543,909 Curi'ent Rssets Debtoi% 74a.607 1,516.742 2.257.34CJ 387,318 462,245 849,563 Cash at bank and ii) hand 12 Creditoi's: Amouiit5 falliiig due withln one yeai. Net eui'rent assets 946,371 129,870 1310,978 719693 Net assets 1.862 908 1,263.602 Funds of the chai'ity: Re$ti'iettd iiicome fuiids Restricted funds 1131,3491 315,468 Urtre5ti'ieted illcome funds Unrestricted fillS 1,994.257 948,134 Tot#1 fllnds 14 1.862,908 1,263,602 For the finRnEial yeai. endin8 30 Sepieinb¢i' 2023 tlie charily was entitled to exeimption froni aiidit uiider secrioii 477 ofihe Conipanies Act 2006 relatiiig 10 5Enall coÈnpanies. Directors. r¢sp0115ibilities'. The Èmeinbers have not ieqiiired tlie cliai'ity to obtaiii ai) audit of its accoiijits foi. the yei11' in questioi) in accordaiice willi SECtion 476- and Tlie dire¢iors acknowl¢dgc tl)¢ir leSPOllsibilities foi. ¢oinplyin8 willi ihe reqiiiiEnienls of the Act wirli Irspett to a¢¢oElllting I'ecoJYls atid Ilbe prepltratioii of accounts. Tlie finaiicial stateiM¢nls oli pages 9 10 22 were approved by the Iriisie¢sJ 7¢ lid aLi¢liorised foi. issue on 25 June 2024 Mr Nic eem Qiireshi Tiiistee The notes 011 PkiBes 12 10 22 forn) an integral pait of these fiti3cial stateinet)ts. Page IQ
A$hi#na Community Projecl Statement of Cash Flows for the Year Ended 30 September 2023 2023 2022 Note Cash lloivs fiy>m operAting #ttivities Net ¢ash inconie 599,306 126.873 Adjustments to cash flows from nDll-eA8h itern8 D¢pF6¢iation 9,934 136,807 612.235 Woi'kitig cApital adjustments Increa5¢ in d¢btors Increaselldecrease) in creditor5 Net cash flows fi'om opei'ating a¢iivilies Cash flows fi'om investing aetivities Purchase of lartgihle fixcd assets 1353,289) 816 501 157,128) 48.927 13 1.075,M7 30.752 10 (20 950 Net ittClEAselldecrease) in caslTr and cash equivalents Casli and ¢asli equivalEnt5 at I Cktober Cash atjd casli equival¢nfs at 30 September 1,054,497 (70) 462,245 462.315 1,516,742 462,245 Tlie iioles o• pages 12 to 22 form ali iiilegral p*wl of these flnancial stateinents. Pagell
Ashiana Community Project Notes to the Financial Statements for the Year Ended 30 September 2023 I ClIAI'ity $tAtus The charity Ib liiiiited by guaiaiitee, iiicoi'poi'ated in England, and Consequently does not hove sliar¢ capital. Each of Ili¢ IiiistEes is lÈable to ¢ontribut¢ an ainount not exccedin8 £Nil towards the assels of the charity in thc eveiit TIK address of it5 Tegistered office is.. 21-25 Grantham Road Sparkbrook BinJinghain BII ILU These financÈal siaternents w¢ir aiithori5ed for issue by the tr115tees ofi 25 Jiine 2024. 2 AccoMiJting policie5 SummAiy of signÉfJcxnt accollilling polleies And key 4¢eouiiting estimAtes The priEILIPiil accounting policies c1pplied it] the preparation of tlicsc finantial stateffleiits al'e set oiil below. TIKse policies have been coilsistently applied its all the years prescnled, uiiless oilierwise stated. Stateinent of compli4nee Tlie finaiicial slateinents have b¢en pr¢partd iii accoi'dance willi Accouthting and Reportiiig by Chai'ilies.. Siatenietil of Re¢omin¢nded Practice (applicable lo chai'itics pirpai'ing tlieir a¢¢ounts in accordaiict with the Fiiiancik)l Reporting Staiidai'd applicable iii Ihe UK aijd Repiiblic of Ireland IFRS 1021) (issiied in October 20191 {Chariiies SORP {FRS 10211, (lie Finaficial Reporting Staiidafd applicable in ihe UK and Republio of Ireland IFRS 102) and the Conipanies Act 2006. B%sÉ5 of prei)818tioii AshEana Comiiiiii)ity Pioject JiieEts Ilie definition of a piiblic b¢nefil eiitily under fRS IQ2. As5el$ aiid liJbilitlC5 are iiiiiially Ircogiiised at histoi'i¢&l c05t oi. ti'ansactiots valiie iinless otlieiwise stlc ted iii Ilie relevaiil at¢ountiiig policy iioleg. Going coiicern T1 tnistees coiisider tlial tliere are m&teYEal iiiicei1asnlaes aboiir the cliarity's E)bility to conliniie as a going concei'ii nor any significaiit aieas of iincertainty that affect tlic cai'rying valiie of asseis lield by the cli&rily. Iiicoine eiidowinents Expeiiditure All expetidiliiiE is recDgiiised oJ)ce there 15 a legal or constriictive obligation lo ihal ¢Apeiidiliire, il Es pi'obable setileJi)ent 18 Irqiiii'ed ai)d tht ainoiinl can be IneasiiiTd i'cliably. All costs ale allocated to the applicable expendituir h¢adiiig Iliat aggregate Similar c051s to Ilial calegoi'y. Wliei'e ¢osts caniiot be dii'ecily 14 tlribiiled to pailiciilar headiIigs Iliey have been allocated oji a bis SIS COllSlStent witl? Ilic u%t ()f IE50iirces, witli eeiili'al staff costs allocaied oli tlie basis of linie s1)ent. aiid depiecialioii clr¢S &lloe8ted (kii tlie portioji of tlie as5¢1'5 Lt5¢. Otlier siipptrI# G0515 ai'¢ allocated based tht spread of Staff costs. Page 12
Aghiana Community Projeet Notes to the Financial Statements for the Year Ended 30 September 2023 Cliorlloble ocliwlies Charitable expenditure ¢omprists those cOS incurred by the charity in the delivery of its activities aF)d services foi. its beneficiaries. 11 includes both costs that ¢8n bE alloc&led directly to such &ctiviti¢s and those costs of an indiirct nature ne¢es9aiy to suppoit them. SuiTrport costs Support costs include ¢eiilral functions &nd hav¢ b¢en allrtated to activily cost categories on a basi5 COllSL5t¢nt with the use of soUrces, for ex&mple, allocating property costs by Iloor areas, or per capits, staff costs by the time Spent and othei. costs by their usage. Govei'nHJice eosts These iiiclude the costs &llributable to tlie ¢5iarity's ctsiMpliance with con51itutioiial and statutory 1ren?ents, iiicluding oudit, sliategic mathagement aijd tiustees tE]eetings and reimbursed Expenses. TaxAtÉon The chariiy is considered to pa$4 the tcsts sct oirt in Paragraph I Schedule 6 of the Finance Act 2010 dttd thereforc it inee15 the definition of a charitable company foi. UK ¢otyoratiotJ tax purpusrb. Accordingly, the charity is potcntially exempt from taxation in respe¢l of income or Gapilal gains received within ¢al¢¥ories covered by Chapter 3 Part I l of the Corpoi7tion Tax Act 2010 or Section 256 of the Twtion of CliaTgeable Gains Act 1992. to the ext¢ttt that such or 82ins are applied exclusively to chai'itable puYpose5. TAngiblt fixed a$sets Individual fixed assets costing £0.00 or more are initially recoixled ai cost, 1¢$$ any subsequtl a¢¢uniulated depreciation and subsequent a¢cuJnulated iEnpairment losses. Deprecifition And amoi'tisAtion Depi'eeialioi? is provided on tangible fixed assets so as to write off the costor valUatso, less any estimated residual value, ovei. tlieii. expecied useful ecot]ot]]ic life as follows.. TrAde debtoi% Trade debtoi's &re aEnoiints diie fiDm custoineis for mer¢handise sold oi. sErvi¢es perfoi'med Eli the wdinaiy COiLrse of busiD¢5S. Trade debtors are recognised initially at the traDsaclioii price. They are sub$equeJitly InEa5ured at amoiliscd Cosl using the effective inl¢re51 meiliod, less piK>vision foi. impaii'inenl. A provisioii for thc inipairment of trade debtors is e51ablislJed when there is objective evidence that the ¢hai'ily will iiot be able to collec( all aTnounts du¢ a¢cordiE]g 10 the oi'iginal terms of the IrG¢iv8bles. Cash and cAsh equivHlentts Cash and cash equivalents comprise cash on hand and call deposits, and oilier shorl-term highly liquid investmeiits tliat are r¢8dily coiivertible to a known amount of casli aiid al'e siibject to an insigi)ificRnt risk of ¢hange in Val¢. Page 13
Ashiana Community Project Note5 to the Fiii#ncial Statements for the Yeor Ended 30 September 2023 Borroivillg8 IntelE5t-beai'ing borrowings are inilially I'ecoTded ai fair value. net of Ir&iisactiOli C0515. Inlti'est-bearing boiTowings ale $iibseqiiently carried al amoitised cost, with tlir difference betweeii the piD¢eeds. net of traiis>clioz] C4)sls, and the ainoiiiit due on Irdempliott beillg recognised as a charge lo the Statenient of F2llancial Activities ovei. the pcriod of Ihe rclevanl borj'ckwing. Iiiterest expense is recognised on Ihe basis of the cffeclive inlcirst method and is includ¢d in inteir5t payable aiid sirnElai' chai'ges. the liability foi. at least twelve month5 after the repojtang date. Foi'eign exthAnge Traiisactions in foreign CLirrenci&8 r¢corded at the rate of exchange at the date of the traTisaclion. Monetai'y assets and liabilitlC5 d¢iioiiiiiialed in foreign ciirreiicies at thc bal£iice sheet date ait reported at tlie i?t¢s of exch8nge PTevailit]g at tlial dale. The T¢sulis of overseas opeiaiions aiE translated at the avei'age rates of exchaiige diiriiig the period and theii. balance sheets at the rates riiliiig al ihe b£il(tnLr 51ieet date. Exchange differences arisiiig on translation of thc opeiiing nel as%el8 aiid r¢siilts ofoverseas opei'ations aiE iepojted iii o)Ih¢r compreliensive iiiGomc and acciiiiiulated ifi equity {attributed to non-controlling int¢lE51s as appn)priatel. Othei" exchange diffeiEii¢es Ire recognised in the Staiement of Financial ActivitÉ¢5 In the period in whicli they aj'ise except foi.: l) exchange differen¢¢5 on traiisaclions et)tered inlo to liedge certaiii foreigii ciirrency I'isks {see above)., 2) exchange ditf¢rciices aristtig oil gains or losses on non-iiioipetaTy Items whicli aiE recogiitsed iii tsth¢i' coinpr¢li¢nsive income. ond 31 iii IIIE case of the cotisolidaied finaiicial slateinent5, exGhallge diffeiEiices oil IMot]elai'y iteims i'eceivable froin OT payable lo a foieign operation for which seitleiment is neiihei. planned nor likely lo oe¢iii' {tli¢refore forniing pail of tlit net invEslm¢nl iii the foirigii opei'alionl, wliiclj are Itcognised in otlier Mnipr¢hensive Encome and iepoited under equity. Fuiid 5tructuie Uni'esti'icted iiiLonie fiiiids ale 8eiieral fuiids tlial are available for use at tlie tnislee's discrelioii iii fiirtlieraiice of the objectives of tlie ¢hAI'ily. Resti'icted incoine fuaids are Ihose doiiated for use in a paiticiilai. aiEa or for si)ecific pui'wses, tlie use of whicli is re51rÉcted lo thal area or piiiy05C. FiiianciAI Itistrumeiits clu51]leIl0iI Financial assets and fiiiaiicial liabilities are i'eco8nts¢d wli¢n tlie cliarity beconies a paity to tl)e wiitra¢lual provi$ions of tl)e iiisti'uinent. Fiiiancial liabilities aiid eqiiity iiisti'uÈMenl8 ale classified according to ilie SLib5taiice of the coiiti'actijal iixiigeineiits enteted into. An CqEiity inslwii)¢nl rs any coiitixct Ilial evideiirc8 a restdual iJileiEst iii Ihe assets of the cliarily after deducting all of its liabilÉties, Pa8e 14
Ashiana Community Project Notes to the Financial Statement5 for the Year Ellded 30 Sept¢mber 2023 RecogiillitTril rtiidniellsiiremeiil All fEnancial assets and liabilities are initially measured at transAciion pri¢¢ (includin8 transaGtion wsls), except forthose fjnancial assets classified as at fail. value throu8h profit oi-10ss, which air initially measured a¢ fair value {whi¢h is noi'mally the trasarIl0 priG¢ excluding ti'ansactioii cos15). unless the aiTatigemenl cons(Ètutes a financsng ti'ansaclion. Ifan arrangemeTkt constitutes a fiiianciiig transactiot], the finanGial asset oi'financial liability is nieasured at the present value of the future p&ytncnt5 dis¢ounted 8t a market l'ate of interest foi. a similai. debt it)strument. FinaiKial assets 2nd liabilitie5 are only offset in tlie statement of fit]ancial p051tion wlien, and only wlieii tlie]e exists a legally eiifoi'ceable right to sel off tli¢ recogni5¢d amrtunt8 and th¢ charity intends either to settle on a net basis or lo realise the asset and sertl¢ th¢ liability siinultan¢ously. Fit)ancial assets are deiEcognised ivi)en and only when al th¢ ¢ontrdCtual righ15 to the rash flows fi'om the financial asset expFre or are settled. b) th¢ ¢haJ'ily transfer5 to anothev paty substantially all of the risks and rewai'ds of ownership of the financial asset, or e} the ch&i'ity, despite having taIned some, but not all, signifi¢attl risks and rewards of oiynersliip, has transfrrred ¢ontrol of the asset to anolhrr party. Financial liabilities &re dere¢ognised only whet) the obligation spe¢ified in thc contract is di5ch*rged, ¢aJicelled or expiiES. Page 15
Ashiana Community Project Notes to the Fiiiancial Statements for the Year Ended 30 Septeber 2023 Debl tiislriiiiiÉiiis Debt instrijtneiits Mthicli 11ieet the followiiig condilioJs are siibsequenily mea5uJEd at amortised cost using the effe¢rive interest inetliod.. {a) The eomtractyal r¢iurn to the liold¢i' is li) a fjxed amoiint. {ii) a p05jtive fixed rate or a sItiVe vai'iable rate. or (iii) a con)bincl1ion of a positive or a iiegalive fixed ratc and a positive vai'iable rate. (b) The coJitTacl fflay provide for repayments of the Principal or Ilie returii 10 the liolder (but not both) to b¢ lii)k¢d to a sii)gle I'elevant obseivable index of getEeral i)rice inflatEon of tlie currency in which the debt i1$rment ts denominated. PLx>vided sii¢h links #i"e not Icvcra8cd. {cl Tlie coiilract may provide foi. a determinabl¢ wdi'iation of the JEturn to the Iiolder diii'it]g the l(fe of the instrument, provided that li) the new iale sHtisfie5 coiiditioii (a) %LI)d tlie vai'iation is not coiilingeiil on future events other than (11 a chailge of a contracliial variable rate,. {21 to pi'otect tliE lioldti. against ci'edit delei'ioi?lion of tlic issuei.; {31 ¢h&nges in levies applied by 8 Gentiyl bank or ai'ising fiDii) Changes in i'el¢vaiJt taxation oi. law. oi. (li) the new J'ate is a inarktl rate of inleirst and sat15fies condition lal. Idl There is no wnlTactiial provision that coiild, by its tei'iiis, resLIIt tn the holdei. losÉng Ilk principal aniount or aÈJy interest attributable to tlie Current P¢l'iDd or PTior periods. (el Contiactual pix>visions tlial permit the i55uer to prepay a debt insli'iiment or permit t1 liold¢r to put li b&Gk to the issiier bcfore iiiaturily ire iial contiiigent on future eveiils, other tlian to protect tlie holder agaiiisi Ilie ¢irdit d¢teTioiattoii of the issuei. oi. a ¢hange ii) contix>l of Ilie i55uer, or to PlDlect the holder oi. issuer against Ghanges iii levies applied by o ¢£nttxl bank oi. arising fiM Changes in relevant laxalion oi. law. 11) ContrAcliial pix)Vi510I15 niay pei'mil Ihe extensioii of the terin of ihe debt instriiinei)l. provided that the return lo Ilie IiDldei' and any other contia¢tual provisions applicable dui'ing Ilie extended t¢i'ni satisfy the conditions of paigIph$ (a) to (c}. Debt instruinents rhal ar¢ Glas5ified as payable or IEceivable withiii ojie yearon initial recoxnition &nd wliich n)eel the above conditiuii% air ffieasuj'ed at tlie iindis¢oiiiiied aiiiouiit of (lie cagh or otlier ¢OnSid¢tion expected to be p&id oi. received, iiet of iinpairmeiit. With the exception of soiiie hedgiiig i11sti.iirnenls, othei. debt insli'un)¢tits iiol IDeeliog Iliese coi?dttiDiis are IM¢asiiird at ir valLie Ihrotigli pi-ofit or1055. Comniili*ent5 to niak¢ aiid IEceive loans whieli iiieet Ilie coiiditioiis meiilioned above are measiiTed at cost {Ivlii¢h JiivesliiieiiiJ' InvestnEeiils in iioii-conv¢Tlible preference sliaiE$ and noii-piitt4sble ordintlry oi. prefeirnce shales (wlieir 5haiES air publicly traded oi. Iheii. fair valiie is IEliably 11)ca5iii'ablc) are Ineasiired al fair value tlirou8h profit or loss. WheiE hii. value ¢annot be nieasured Irliably, iiivestim¢nib air iiieasiired al ¢osl less iiMp&ii'13ient. IlivestientS in subsidiaries and assoGlatES aiE Itastired al cost less impairm¢nt. Foi. ii?vesli)ietits it) subsidiar&es acquired foT considei?tioii iiicliidiiig the issue of 51iares qiialtfyii)g for IMergEI' i'elief, cost is measiii'ed by refer¢nGe lo the iiomit)al vallie of the shares issii¢d p1115 f&iJ' value of othej. consideralioii. Any prejiiiiiin is igiioird. Page 16
Ashiana Commullity Project Note5 to the Financial Statements for the Year Ended 30 September 2023 Derlswilveflmfiiielal iiisiriinieiils The ¢haTlty uses dei'ivative financial instruments lo I"edy¢e exposure to foreigm exchange Tisk and inter¢st rate Inovements. The eharity does not hold OT issue derivative financial instruments for speculative PUTP05¢S. Ikrivative5 are inTtially rtcognised at f&ir vale at the date a derivatEve contrn¢t is entei'ed into 2lld are subsequently iemeasuiEd to their fail. v&lue at each reportiiig date. The resiiltEJig gain or loss is Ir¢ognised in srotement of financial activities iminediately unless the dei'ivative is designated attd effective as a hedgin¥ Tnstrument, in which event the t11ing of the recognÉtion 5talEmEnl of finan¢ial activilies depends on the nature of the hedge reldlionsliip. Fulr vulile meqsiireniÉRiI The best evidence of fair value is a quoted price for an idenliGal a55¢l in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a si8Jiificant change En economic ¢ir¢umslaiices or a sigllifJGant lapse of titne sin¢e the Iransa¢tion took place. If the n)arket Es not active alld T¢cent IransA¢tions of an identical asset on their own are not a good estimate of fair Yalu¢, the fair value is estiniated by using a valualitsn lecljnique. J liicome from charitablt #etivltles Ullresti'ieteij funds Ge¢1 Restrleted fu5 Tot#1 2023 GTant Income Forward Carers Service Payments 2,371.732 929,550 24,990 954,540 3,301,282 24,990 3,326.272 2,371,732 ulreStrIcted funds Geiieral Resti'ieted funds Tot81 2022 Gi"ant Income Forwi)rd Cai'¢i's Service Payments 208,108 635,722 57,947 693.669 843,830 57,947 901,777 208,108 Page 17
Ashiana Community Project Note5 to the Fiiiancial Statements for the Year Ended 30 September 2023 4 Iiicome trom other ti'#diJ]g Activities Uiiiyslritted fuiids Total 2023 Total 2022 Restricted funds Olliei. rrrtdliig ftclivElie5 Rooni Hiir 6,300 42.002 {1,8641 4,606 {4.436) 46.608 9,029 22,998 7.555 55,006 Other Income ACP Cri¢kei L¢axiie Incoine Service Payments Bank InleJt5t 36,797 4,270 450 37.247 4,270 3,192 94,595 5 Expeiidituie on chaiitRble 8Ctivities Uni'esti'icted funds GciiÈrl Rc5tricted funds TotAI fund5 Note Govrrnalt costs 24.313 557,140 5£1,453 TotAI foi. 2022 31.618 7,318 38.936 In addition to Ilie expenditure analysed above, their air also governallce c05t5 ofL$81,45312022. £38,936) wliicli relate Ilibtctly to cliaritable a¢tivit1¢5, See Iwte 6 foT fuiiliei. details. 6 Analy515 of govei'iiaiice And suppo1 costs Uiirestricted runds Cenei'al Resti'ict¢d Tolal fun(Is Leg&1 fees Mai'ketitig and piiblicily Depre¢iaiioii. amorlisation and othci. siniilai. costs Oihei. gov¢riiai)ce costs Allo¢at¢d siippoil c0515 431 3.253 192 3,684 2,782 12,-27 475 561.585 2,590 12,927 475 7.890 553,695 Total foi. 2023 24,313 557,140 581.453 Tot¥)I foi. 2022 31,618 7.318 38,936 Pag¢ 18
Ashiana Community Project Notes to the Finxncial Statements for the Year Ended 30 September 2023 7 Ti'ust¢e$ remunei'ation expenses No trustees. nor any persons ¢onne¢ted with them. have reeeived any reMutteratio from ihe charity dui'iiig tli yeai.. No ti'uslees have r¢ceived any reimbursed expenses or any other benefits from the cllarity dl'ing the year. 8 Staff ¢0sts Tlie tllonthly average numberof persons (includiiig seniormanagemcntl leadership team) employed by the charÈty durin8 tlie yeai, expressed as full time equivalents was as follows.. 2023 2022 Staff H¢8d¢ount 42 The cmolumcnts of one niember of staff, are within the range of £6ri,000 to £69,999 during the ye&i' {2022- one in the range £6D.000 to £69.999). P)g¢ 19
A5hiana Commiinity Project Notes to the Financial Statement5 for the Year Ended 30 September 2023 9 Taxatio The charity is a re8jStered chaiily and is Iheirfoi'e exempt frol taxation. 10 TAI)gible fixed Jssets LRii(l Aiid buildtngs Fut'nitui'e Mil Otljei. tangfftble rixe(19sset Motor vel)i¢les Tothl Cost At l October 2022 Additions 500,000 111,268 18,603 950 25,730 2,347 637.948 20.950 At 30 Septeniber 2023 500 000 129,871 950 28,077 658.898 DepreciAtioi At l Or(obei' 2022 Ch&i'ge for the year 91,010 12.348 950 2.079 581 94,039 12,929 At 30 septe1ber 2023 103,358 950 2,660 106.968 Net booli value At 30 Seplember 2023 500.000 551 930 At 30 Septe¥nbei' 2022 20,258 23,651 543.909 Debtoi's 2023 2022 Trade debtor8 PTepayiiieJils Oilier debtoi 189,552 2,744 548 311 740,607 176.893 209.236 387,318 12 Casli aiid cfisli eqiEhvgleiit$ 2023 2022 Casli 01) hand Casli at baiik 830 1,515,912 1,5 16,742 S30 461.415 462,245 Page 20
Ashiana Community Projeet Notes to the Financial Statements for the Year Ei nded 30 September 2023 13 Creditors: Amounts falling due witliin tsne yeAr 2023 2022 Other taxation and social security Other creditors 30.144 18.610 A¢crnals 916.227 946,371 111,261 129.870 14 Funds B418noe at 30 Stptember 2023 B#lan¢e at I October 2022 Incoming resourtes Re50Utees expeiided Ti'finsfers Uiirestrlettll General 948,134 2,461,101 11,474,812) 59,834 1,994,257 Restrieted funds 315,468 957.732 ,344,7151 131,349 TotAI fund5 1263,602 3,418,833 2,819527 1862,908 Balance At 30 Septernber 2022 BolAnce at I Oetober 2021 Incoming resources Re80ur¢¢s expeiided TraiisfeTS Uni'estrieted fun(L8 Gener&] 833.717 253.984 {138,680) 199,113 948.134 Resti'icted funds 303 012 742.388 530.819 199,113 315,468 Total funds 1,136,729 996,372 869,499 L 263.602 15 Allalysis of net assets betw¢¢n funds Unre%ti'i¢t¢d funds Geiieral Total fund5 xt 30 Sepletnber 2023 Restrffteted Taiigible fixed aSSEts CurrEI?t asset5 Curirnl liabilities 551.930 2,095,056 350,144 551,930 2.257.349 946.371 162,293 1596 227 Total Iiet assets 2,296 842 433.934 1,862,908 Pa8e21
A5hiana Commllnity Project Notes to the Financial Statement5 for the Yeai. Ended 30 September 2023 Uiirestricte(I fund5 Geiier&l Totftl funds at 30 Septembei. Resti'ieted fun(ts 2022 TaRgiblE fixed assets Curreiit as5¢ts 543.909 635,577 157,182 543,909 849,563 129,870 213,986 72.688 Tolal nel assets 1 122,304 141,298 1.263.602 16 Related party ti'ansActions TlieEe were iits related party transactions in tlie year. Page 22
Ashiana Community ProJeet Statement of Financial Activities by fund for the Year Ellded 30 September 2023 Unrestricted Funds Totxl Total UnY¢5tYitted Unrestrieted riunds 2023 2022 Itjcome and Endowtnents from.. Chai'itable activities Other trading adiviti¢s 2,371.732 208.108 45,876 Total income 2461,101 253,984 Expeiidtture on., ChaTilable aGlivilj¢5 338 680 Total expenditure 1474,812 338,680 Net Éncoine/lexpenditur¢) Transfers belwten funds 986,289 59,834 (84,696) 199,113 Net moven?eJJt funds 1,046,123 114,417 Reconeilixtion of funds Total fvnds broyght forward 948 134 833,717 Total funds ean'icd forward 1,994,257 948.134 'rhis pa¥e doe5 llot forjn parl of the statutory fiiiancial sldteinei)ts. Pa8e 23
A5hiana Commuiiity Project Statemeiit of Financial Activities by fund for the Year Ended 30 September 2023 Restricted Funds TotAI Resti'tcted Fuiids 2023 Total Resti'ieled riund5 2022 Iiicoine gnd Endoivments from.. Chai'ilable activities 954.540 3.192 693.669 48.719 Otlier tr&ding acliviÈtes Total income 957.732 742.388 Exptndltuie on.. Cliaritable activities 1,344,715 530,819 Total expendatuve 1344715 530,819 Net lexpenditiireyiD¢ome Traiisfers bctween fi1jS (386.983) (59,834 211.569 199,113 N¢t Thov¢meiil in fiiiids 1446,817) 12,456 Reconciliation of fuiids Total fund5 bToiight forw&rd 3 15,468 303,012 Total fiijids caiTied forward 131349 315.468 This pAue does forin part of Ilie siaiEltory fÉiiancial stalenients. Page 24
Ashiana Community Projeet Detailed Statement of Financial A¢tivities for the Year Ended 30 September 2023 Total 21123 TotAI 2022 lllcome Endowments frorn- Charitable activities (analysed below) OtlEer IFRding activities lanaly5ed below) 3.326,272 92,561 901.777 Total inconie 3 418 833 996,372 Expendituit on: Charitable activities {attalysed below) 2 819 527 869 499 Trjtal expenditure 2.819 27 869.499 Net iiicom¢ 599.306 126,873 Net movement in funds 599,306 126,873 ReconcRIiAtÉon of fund5 Total findS brought forward 1263 602 1 136,729 Total funds cairi¢d forward 1.862.908 1,263,()02 'rhis page does iiol foi'in pail of tlie 5tatiitDry fiiiaijcial stateiyjents. l)a8e 25
Ashiana Community Project Detailed Statement of Fillancial Activitie5 for the Year E( nded 30 September 2023 Totfll Total Unreslricted GetJerAI Resti'i¢ted fuRds 2023 2022 Cltffi'ilNble ac'ljiiElies Giznt Inctsme 929,550 24,990 954.5£10 2,371,732 3,301,282 24,990 3,326.272 843.830 57,947 901,777 Forward Cairr5 Scivice Paymcnls 2.371,732 Oiliei. IrNtliiig A¢iiiillje.¥ R(K)rn Hiir Otlaer Iiicome ACP Cl'icker Leagiie Income Seivice Payments Baiik Inlci'est 6.300 42,002 11,864) 4.606 (4,4361 46,608 9,029 22,998 7.555 55,006 36.797 4,270 450 37,247 4,270 92,561 3,192 94,595 Choiliuble uclivilies X-cite Malei-ials ESF Pi'osperous Purcha5¢5 ESI." Posittve Fiilures D¢liv¢ry Siibcoiitract COSt {919,200} 1919,200) (7.965) 147,059) 113,174) 1430) {53.381) 13021 (4.800} (53,811) 13021 {4,800) (Profitllloss oll dis]x)sal of tangible fixed assets I 1,000) (26.8551 11.4021 14,8651 17,5001 1500) {3.3401 Reiil Rates {24,8461 (5,3711 (5,192) (2,0781 110,0161 134.8621 (5,3711 (5,2721 (2.0781 {801 RepaiiB and Iiiaintelianre Redundaiicy Premises expeiises Tel¢plioiie aiid fax Cornpiitei. software at)d n)aiiilei)anee costs (4,359) {10,338) 1791 {1031 (4.438) {10.441) 17,8851 13.604) 17.600} (7.902) {3,62J) {7,7931 {5.0341 (4,600) {2,045) Priiiting, postage and slationei'y TIMdr subscriptions Hii'e of pli£ nt and ma¢hii)ery {Operatiiig leases) Cleanii)g Healili & Safely MotOT expeiises Trav¢l and subsÈslence Ev¢iit5 & Activities (193) 13.2481 11,9791 {981 13,6641 14,7931 143,3971 {3,248) {1,979) 12181 (3,6641 15,5291 173,5961 (12821 11,052) 1120) 11,567) 14,213) 154.013} (736) {30,199) Tliis page does iiol form pail of tlie 5¢alutoi'y fEnancial statelentS. Page 26
Ashiana Community Project Detailed Statement of FinAllcial Activities for the Year Ended 30 September 2023 Cuslojiier entetlaining (disallowable fo tax) Admin C05ts Wages and salaries Staff NIC (Employers) Staff pensions {Defirted ¢onlribution)- pension schemc I Staff traEnin8 Light, heat and power Adver115iiig Coiisultancy fees Legal and professioiial fees Bank charges Depi'e¢iation of plant and machinery A¢¢oulltan¢y fe¢s 1850) (750) (565,922) {47,124) 1346,617) (25,618) (613,535) 149,083) {960.152) 174,701) {4,810) 1661) (24,711) (2,590) 13.986 {431) {475} {12,927} 115,272) 114,450) (4.810) (8,569) {3.713) {9,667) 124.711} (2.782) (539,709) (3,684) 14751 {12,9271 21,876 2,819.527 {192} (553,695} 13.253) {22,278) (527) (9.931) 1.474,812) ,344,715 869,4 Tliis page does Iiot form part of Ilie slaluloi'y finaiiri4tl stlteineiils. Page 26