Charity number: 1091887 Company number: 04184090 (England and Wales)
ASCENSION COMMUNITY TRUST
Directors' Report and Financial Statements
For the year ended 31 March 2021
ASCENSION COMMUNITY TRUST Contents Page For the year ended 31 March 2021
Report of the Trustees 1 to 6
Independent Examiner's Report to the Trustees 7
Statement of Financial Activities 8
Statement of Financial Position 9
Notes to the Financial Statements 10 to 17
Detailed Statement of Financial Activities 18 to 19
ASCENSION COMMUNITY TRUST Report of the Trustees For the year ended 31 March 2021
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives
and aims
Five Years Objectives (Set in January 2018) To reduce isolation and loneliness amongst the elderly. To improve the health and wellbeing of the local community, with a focus on mental health. To reduce the vulnerability of struggling families. To integrate the community through community spaces, social activities and volunteering. To improve the education of local young people through the provision of activities, including sport. To improve individual's own ability to address their issues by providing advice and support for money, benefits and employment.
Aims for 2021/2022
We have identified these aims for the coming year:
·Provide family support for those attending the Food Bank and Advice Service. ·Ensure the long-term sustainability of the Food Bank through regular donations. ·Improve the selfsustainability of the Café through various methods.
·To increase representation from BAME backgrounds across all aspects of the organisation so that we are more reflective of the local community.
These aims have been continued from last year:
·To improve sustainability through an increase of individual donors to the charity. ·To increase the number of elderly people we are engaging with on a regular basis.
·To provide additional support for children with special educational needs through holiday play schemes. ·To secure long term funding for the advice service on the basis of demand for the currently running project.
We thank God for the opportunities we have had this last year to work within our community empowering local people and enabling them to be the best version of themselves.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
lof19
ASCENSION COMMUNITY TRUST Report of the Trustees Continued For the year ended 31 March 2021
ACHIEVEMENTS AND PERFORMANCE Significant activities
As with other charities, COVID-19 has had a huge impact on the organisation. We have, however, been able to take pride in how quickly we were able to adapt to support the needs of the community. Additionally, the strong financial position of the charity has enabled us to continue our work in the community throughout lockdown. As well as our regular activities we have now opened a Food Bank for the local community.
Project Updates
Ascension Seniors (aka Elders)
Face-to-face Seniors activities was very limited due to government guidelines and the health conditions of those attending. During the lockdowns we made weekly phone calls to the attendees, supported them with shopping and delivered a few cooked meals. The Seniors project manager was involved in the delivery of the foodbank project which supported many of the seniors during this time.
We ran an in-person event in September 2020, where we got feedback from the Seniors about what activities they would like and what support they needed at that time. They were very keen at the time for in person activities to re-start and we attempted to relaunch the chair exercise class but were prevented from continuing due to government lockdowns. Instead, we secured funding to purchase computer tablets, create a guide on how to use zoom and delivered the tablets to the Seniors houses who had no access to a device. The chair-based Pilates classes then ran on zoom for several months, until the Seniors felt safe to come back on site following the last lockdown.
Garden Café
The café also faced many forced closures. During this financial year the café was only open from September to December 2020. Whilst we were closed, we made regular phone calls to vulnerable regular users of the café, ran a weekly online quiz night and made improvements to the café décor and furnishings. The café staff also provided a cooked meal as part of the children's summer scheme based at Ascension Church Centre for 5 weeks of the summer holidays, specifically to support families struggling to feed their children during the long summer holidays.
Children's Work including Ascension Football Academy
Our afterschool club, Young Adventurers, was forced to close for most of the financial year, only opening from September to December 2020. Despite this, the numbers attending have grown and we hope the club will soon become self-sustainable. The after school club project was very successful in supporting parents with training and employability skills. Our first volunteer secured a job directly because of the volunteering and training she had been doing with us.
Ascension Football Academy was closed for most of the financial year, bar one session in October 2020 with the plan to re-launch which was prevented due to the November 2020 lockdown. As part of the 2020 summer scheme we were able to run a football camp in partnership with Ambassadors Football.
The summer scheme 2020 was one of the highlights of the year, with 5 weeks of activities for children. Following months spent indoors with little to do, the scheme provided local children with engaging activities, time outdoors and opportunities to play with friends. Activity packs were provided to SEN children and we were able to run an Easter fun
day completely outside, adhering to government regulations.
Foodbank
In March 2020 we opened a foodbank in response to need in the local community following the Covid-19 outbreak. At the height of lockdown the foodbank was open 6 days a week, which included an emergency weekend and bank holiday delivery service in partnership with Newham Council. In February 2021 we agreed to become part of the Trussell Trust national network of foodbanks and we became the Newham District Foodbank. In this financial year we gave out a total of 1,291 food parcels to people in need.
ASCENSION COMMUNITY TRUST Report of the Trustees Continued For the year ended 31 March 2021
Advice Service
The Advice Service continued throughout the pandemic, with staff working remotely and providing advice appointments over the phone. The Advice Service team provided an excellent service during a very challenging time for a lot of people. Many new issues around housing and benefits arose during the pandemic and the Advice Service was able to respond to these needs. The team worked remotely for the whole of the financial year.
FINANCIAL
REVIEW Significant events
Principle Funding Sources
We would like to take this opportunity to recognise and thank our many volunteers, donors and funders for their continued support of Ascension Community Trust. Funders during this period include: Ascension Church Centre Charles S French Charitable Trust Diocese of Chelmsford East End Community Foundation Felsted School Mission Council London Borough of Newham London City Airport National Lottery Community Fund Royal Docks Trust Tesco The Archer Trust The Invesco Cares Foundation The London Community Foundation Tove Valley Baptist Fellowship Trussell Trust Trusthouse Charitable Trust Tudor Trust
Reserves
Reserves Policy 2021 Ascension Community Trust's reserves policy is that £14,000 will be held in free reserves. This amount is based on a detailed calculation of the amount needed in the eventuality of unexpected events requiring a smooth closure of the charity and to mitigate any financial risks. This figure is monitored and reviewed by the board of trustees on an annual basis. At 31 March 2021 Ascension Community trust had funds of £76,957. Of these £60,066 was restricted and £5,745 was held in fixed assets (all of which are restricted funds). The total amount of free reserves held is £16,891. This level is in line with the reserves policy.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity ASCENSION COMMUNITY Charity registration number TRUST Company registration 04184090 Principal address Ascension Church Centre Baxter Road Custom House Londo n E16 3HJ
3 of 19
ASCENSION COMMUNITY TRUST Report of the Trustees Continued For the year ended 31 March 2021
Trustees
The trustees and officers serving during the year and since the year end were as follows:
| end were as follows: | |
|---|---|
| Rev'd D | |
| Chesney Dr. | |
| N J Copsey | |
| C G Crombie | |
| W J B Lake | |
| A MacDonald | |
| F Johnson | |
| (Appointed: 08 September | |
| 2020) | |
| MGJ Yeatts | |
| (Appointed: 14 July | |
| 2020) | |
| Secretary | P H Beaufrere |
| Independent | Willis Burnell Ltd. |
| examiners | Unit 3 The |
| Courtyard | |
| Faversha | |
| m Kent | |
| ME13 | |
| 0ET |
Approved by the Board of Trustees and signed on its behalf by
17 December 2021
4of19
ASCENSION COMMUNITY TRUST Independent Examiners Report to the Trustees For the year ended 31 March 2021
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not
a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Willis Burnell Ltd.
Unit 3 The Courtyard Parsonage Stocks Road Faversham
Kent ME13 0ET
17 December 2021
5of19
ASCENSION COMMUNITY TRUST Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2021
| 202 | ||||||
|---|---|---|---|---|---|---|
| Notes | Unrestric | Restric | 2021 | 0 | ||
| ted | ted | |||||
| funds £ | funds | £ | £ | |||
| Income and | ||||||
| endowments from: | 2 | 19,759 | 172,497 | 192,256 | 185,5 | |
| Donations and | 3 | 2,796 | - | 2,796 | 9,91 | |
| legacies | 4 | 2,478 | 30 | 2,508 | 27,785 | |
| Charitable | 25,033 | 172,527 | 197,560 | 223,2 | ||
| activities | ||||||
| Other trading activites Total |
5/ 6 7/ |
(16,57 (16,57 7) - |
(180,7 (463 ) (180,328) |
(197,3 (17,04 0) (180,328) |
(172,9 (64,80 4) (108,132) |
|
| Expenditure on: Raising funds Charitable |
8 | 7) 8,456 |
91) (8,264) |
68) | 19 | 36) 50,306 |
| activities | 8,435 | 68,330 | 2 | 76,765 | 26,459 | |
| Total | 16,891 | 60,066 | 76,957 | 76,7 |
Net
income/expenditur e Reconciliation
of funds
Total funds brought forward
Total funds carried forward
6of ig
76,7676,76 8,435 76,95 55 7 69,10 7
Registered Number : ASCENSION COMMUNITY 041840 TRUST Statement of 90 Financial Position
As at 31 March 2021
| 202 | 202 | 202 | |||
|---|---|---|---|---|---|
| Notes | 1 | 0 | £ | ||
| £ | |||||
| Fixed assets | 13 | 5,745 | |||
| Tangible assets | 7,658 | ||||
| 5,745 | |||||
| Current assets | 14 | 107 7,658 |
10 | ||
| Debtors | 73,579 | 71,469 | |||
| Cash at bank and in hand | 73,686 | 71,57 | |||
| 6 | |||||
| Creditors: amounts falling due | 15 | (2,474) | (2,46 | ||
| within one year Net current assets | 71,212 | 9) | |||
| Total assets less current liabilities | 76,957 | ||||
| Net assets | 76,957 | ||||
| The funds of the charity | |||||
| Restricted income funds | 16 | 60,066 | 68,33 | ||
| Unrestricted income funds | 16 | 16,891 | |||
| Total funds |
For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
-
The members have not required the company to obtain an audit of its accounts for
-
the year in question in accordance with section 476,
-
The trustees acknowledge their responsibilities for complying with the requirements of
-
the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Rev'd D Chesney Trustee 17 December 2021
7of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements For the year ended 31 March 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
ASCENSION COMMUNITY TRUST meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charitable company is small.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Land and | Over the life | of the lease | ||
|---|---|---|---|---|
| buildings | Straight line | 25% Reducing | ||
| Plant and | balance | |||
| machinery Irrecoverable VAT is included in the Statement |
of Financial | Activities, and is reported Restric ted 202 1 |
202 0 |
|
| as part of the expenditure to which it relates. | £ | £ fun |
£ | £ |
| 1,30 | 6,29 ds |
7,60 | 2,99 | |
| 9 | 3 | 2 | 5 | |
| 2. Income from donations and legacies | 18,45 | 166,09 | 184,54 | 182,54 |
| 0 | 7 | 7 | 3 | |
| Unrestric | ||||
| ted - |
107 | 107 | - | |
| fun | ||||
| ds |
Donations received
Grants received Subscriptions received
19,759 172,497 192,256 185,538
8 of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
3. Income from charitable activities
| Incomefromcharitableactivities | |||||
|---|---|---|---|---|---|
| 202 | |||||
| 2021 0 |
|||||
| ££ | |||||
| Unrestricted funds | |||||
| Ascension Football Academy | - | 6,54 | |||
| Income from | 9 | ||||
| charitable | |||||
| activities | 4 | ||||
| Elders Activities | 2 | 3,37 | |||
| Income from | 0 | ||||
| charitable | |||||
| activities | 2,75 | ||||
| Children and Families | 4 | - | |||
| Income from | |||||
| charitable | |||||
| activities | |||||
| 2,796 | |||||
| Restric ted |
9,919 202 1 |
202 0 |
|||
| £ | £ fun |
£ | £ | ||
| 2,36 | ds | - | 2,36 | 26,98 | |
| Income earned from other activities | 1 | 30 | 1 | 0 | |
| Unrestric 117 |
147 | 805 | |||
| ted | |||||
| fun | |||||
| ds | |||||
| Shop income | |||||
| Other activities for | Unrestric | Restric | 202 | 202 | |
| generating funds | ted | ted | 1 | 0 | |
| 2,478 funds £ - |
30 funds £ |
2,508 £ |
£ | ||
| 27,785 12,56 |
- | - | 1,72 | ||
| 4 | 463 | 13,02 | 0 | ||
| 7 | 34,00 | ||||
| 9 |
4. Income earned from other activities
5. Expenditure on generating donations and legacies
Donations Support costs
12,564 463 13,027
35,729
9of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
| 6. Expenditure on other trading activities | 202 | 202 |
|---|---|---|
| 1 | 0 | |
| £ | £ | |
| Unrestricted funds | ||
| Shop costs | 4,01 | 29,07 |
| 4,013 3 |
5 | |
| 29,075 | ||
| 202 | 202 | |
| 7. Costs of charitable activities by fund type | 1 | 0 |
| £ | £ | |
| Restricted funds | - | 5,74 |
| Ascension Football | 18,18 | 3 |
| Academy Elders | 9 | 18,77 |
| Activities | 65,37 | 2 |
| Community Work Art Recovery |
9 - |
53,06 1 |
| Children and Families Food Bank Advice Service |
57,17 4 24,69 1 |
1,61 2 28,94 4 |
| 180,328 14,89 |
- | |
| 108,132 202 5 |
202 - |
|
| 1 | 0 | |
| £ | £ | |
| 8. Costs of charitable activities by activity type | ||
| - | 5,74 | |
| 18,18 | 3 | |
| Activities undertaken directly Ascension Football |
9 65,37 9 |
18,77 2 53,06 |
| Academy Elders | - | 1 |
| Activities Community Work |
57,17 4 |
1,61 2 |
| Art Recovery | 24,69 | 28,94 |
| Children and Families | 1 | 4 |
| Food Bank | 14,89 | - |
| Advice Service | 5 | - |
| 180,328 | ||
| 108,132 |
Ioof 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
9. Analysis of support costs
| 9Aliftt | ||
|---|---|---|
| . nayss o suppor coss | 2021 | 2020 |
| £ | £ | |
| 1,93 | 27,51 | |
| Management | 2 | 7 |
| Human | 3,31 | 33 |
| Resources | 2 | 5 |
| Governance | 7,78 | 6,15 |
| costs | 3 | 7 |
| 13,027 | ||
| 34,009 | ||
| 202 | 202 | |
| 1 | 0 | |
| 10. Net income/(expenditure) for the year | £ | £ |
| This is stated after charging/(crediting): | 1,91 | 2,55 |
| 5 | 3 | |
| 1,70 | 1,75 | |
| Depreciation of owned | 4 | 4 |
| fxed assetsAccountancy fees |
937 | 62 7 |
| Staf pension contributions | ||
| 202 | 202 | |
| 1 | 0 | |
| £ | £ | |
| 11. Staf costs | 123,11 | 98,07 |
| Total staf costs for the year ended 31 March 2021 were: | 3 | 2 |
| 1,38 | 1,84 | |
| 9 | 6 | |
| Salaries and | 937 | 627 |
| wages Social | 202 | 202 |
| security costs | 1 | 0 |
| Pension costs | 6 | 5 5 |
| 125,439 | ||
| 100,545 |
Support staff
6
Ilof 19
27,785495
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
12. Comparative for the Statement of Financial Activities
| **. omparatve or te ** | tatement o nanca ctvtes | Restric | 202 | ||||
|---|---|---|---|---|---|---|---|
| Unrestric | ted | 0 | |||||
| ted | fun | ||||||
| fun | ds | ||||||
| ds | |||||||
| £ | £ | £ | |||||
| Income and endowments from: | |||||||
| Donations and legacies | 11,453 | 174,085 | 185,5 | ||||
| Charitable activities | - | 9,919 | 9,91 | ||||
| Other trading activites Total |
5) | 27,290 38,743 (33,83 |
2) | 184,499 (24,81 |
7) | 223,2 (58,64 |
|
| Expenditure on: | (33,8 - |
(132,9 (108,132) |
(166,7 (108,132) |
||||
| Raising funds Charitable |
35) | 44) | 79) | ||||
| activities | 4,90 | 51,555 | 56,463 | ||||
| Total | 8 | 9,055 | 17,404 | 26,459 | |||
| Net income | 13,963 | 68,959 | 82,9 | ||||
| Reconciliation of | |||||||
| funds | |||||||
| Total funds brought forward | |||||||
| Total funds carried forward | |||||||
| Land | Fixtures | ||||||
| and | and | Tot | |||||
| buildin | fttings | a | |||||
| 13. Tangible fxed assets At 01 April |
gs £ | £ | l | ||||
| 2020 | - | 4,888 | 4,888 | ||||
| Cost or valuation Additions At 31 March |
8 | 44,68 | 30,614 | 2 | 75,30 | ||
| At 01 April 2021 |
44,688 | 22,954 | 67,64 | ||||
| 2020 | - | 1,915 | 1,915 | ||||
| Charge for | 44,688 | 24,86 | 69,55 | ||||
| Depreciation year At 31 March 2021 |
- | 9 | 7 5,745 |
||||
| 5,745 | |||||||
| - | 2,772 | ||||||
| Net book values | 2,772 | ||||||
| At 31 March 2021 | |||||||
| At 31 March 2020 |
12of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
14. Debtors
| . etors | 202 | ||||||
|---|---|---|---|---|---|---|---|
| 202 | 0 | ||||||
| 1 | £ | ||||||
| £ 107 |
107 | ||||||
| Amounts due within one year: | |||||||
| Other debtors | |||||||
| 107 | |||||||
| 107 | |||||||
| 202 | 202 | ||||||
| 1 | 0 | ||||||
| **15. Creditors: amounts falling due within ** | **one ** | year | £ | £ | |||
| 974 | 969 | ||||||
| 1,50 | 1,50 | ||||||
| Other creditors | 0 | 0 | |||||
| Accruals and deferred income | |||||||
| 2,474 | |||||||
| 2,469 | |||||||
| Incomi | Outgoi | Transfe | Balance | ||||
| ng | ng | rs | at | ||||
| 16. Movement in | £ resour |
£ resour |
£ | £ 31/03/2 |
|||
| funds | ces | ces | 021 | ||||
| Unrestricted | 5,00 | - | - | (5,00 | - | ||
| Funds | 0 | 0) | |||||
| Balance | 2,47 | (4,01 | (2,834 | ||||
| at | (1,29 | 8 | 3) | - | ) | ||
| 01/04/2 9) |
22,55 | (12,56 | 5,00 | 19,72 | |||
| 020 | 4,73 | 5 | 4) | 0 | 5 | ||
| 4 | £ | ||||||
| Designated | |||||||
| General Reserve | |||||||
| General | |||||||
| Garden Cafe | |||||||
| General | |||||||
| 8,435 | 25,033 | (16,577) | - | ||||
| 16,891 |
13of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
| Unrestricted Funds - Previous year | Unrestricted Funds - Previous year | Incomi | Outgoi | Transfe | Balanc |
|---|---|---|---|---|---|
| Balance | ng | ng | rs | e at | |
| at | £ resour |
£ resour |
£ | £ 31/03/2 |
|
| 01/04/2 | ces | ces | 020 | ||
| 019 | |||||
| £ 5,00 |
- | - | - | 5,00 | |
| 0 | 0 | ||||
| Designated | |||||
| General Reserve | 27,52 | (29,07 | - | ||
| General | 25 3 |
3 11,22 |
5) (10,28 |
- | (1,29 9) |
| Garden Cafe | 3,80 | 0 | 8) | 4,73 | |
| General | 2 | 4 | |||
| 9,055 | 38,743 | (39,363) | - | ||
| 8,435 |
Purpose of unrestricted Funds
Garden Cafe To provide finance for activities within the Garden Cafe. General Reserve To provide working capital General To fulfill the charity's general objectives.
| Incomi | Outgoi | Transfe | Balance | |||
|---|---|---|---|---|---|---|
| ng | ng | rs | at | |||
| £ | £ resour |
£ resour |
£ | £ 31/03/2 |
||
| Restricted Funds | - | 18,77 ces |
(12,81 ces |
- | 5,95 021 |
|
| Balance 20,60 |
4 | 8) | - | 6 | ||
| at | 7 | 29,15 | (26,43 | 3,12 | 23,32 | |
| 01/04/2 17,96 |
0 | 0) | 1 | 7 | ||
| 020 | 2 | 38,07 | (47,51 | - | 11,65 | |
| 8,38 | 9 | 0) | - | 2 | ||
| Advice Service CEO Children and familiesElders Activities Foodbank |
2 - 3,17 8 18,20 1 |
17,46 0 27,43 5 1,29 7 40,33 |
(15,59 3) (21,05 5) (1,354) (56,03 |
(3,12 1 ) - |
10,24 9 6,38 0 - 2,50 2 |
|
| Football | 2 | 1) | ||||
| Academy | ||||||
| Garden Cafe |
68,330 172,527 (180,791)
-
60,066 14of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
| Restricted Funds - Previous year | Incomi | Outgoi | Transfe | Balanc | |
|---|---|---|---|---|---|
| Balance | ng | ng | rs | e at | |
| at | £ | £ resour |
£ resour |
£ | £ 31/03/2 |
| 01/04/2 (1,21 |
47,26 ces |
(25,44 ces |
- | 20,60 020 |
|
| 019 | 9) 21 | 7 | 1) | - | 7 |
| 1,099 | 46,88 | (28,94 | - | 17,96 | |
| CEO | 2,062 | 5 | 4) | - | 2 |
| Children and | 15,44 | 26,05 | (18,77 | - | 8,38 |
| familiesElders | 1 | 5 | 2) | 2 | |
| Activities Football Academy Garden Cafe |
6,85 9 57,43 3 |
(5,743) (54,67 3) |
3,17 8 18,20 1 |
||
| 17,404 | 184,499 | (133,573) | - | ||
| 68,330 |
Purpose of restricted funds
Football Academy
To provide equipment and training resources for the
Football Academy. Garden Cafe Refurbishments
To finance refurbishments to the
Garden Cafe. Elders Activities
To finance a range of activities focused on older members
of the community. Ascension Arts
To promote the arts within the
community. Garden Cafe
To provide staffing for the
Garden Cafe CEO
Provision of employment costs
for CEO. Children and families
Provide facilities for families with children in
the community. Advice Service
To provide practical advice to
parishoners. Foodbank
To provide food for people in urgent need.
15of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
17. Analysis of net assets between funds
| y u | Net | Net | ||
|---|---|---|---|---|
| current | Tangible Assets |
|||
| fxed | assets / | |||
| assets | £ | (liabiliti es)£ |
£ | |
| Unrestricted funds | ||||
| General | - | (2,834 | (2,834 | |
| Garden Cafe | 5,74 | ) | ) | |
| General | 5 | 13,98 | 19,72 | |
| 0 | 5 | |||
| Designated | ||||
| Restricted funds | ||||
| Advice Service | - | |||
| CEO | - | 5,95 | 5,95 | |
| Children and | - | 6 | 6 | |
| familiesElders | - | 23,32 | 23,32 | |
| Activities | - | 7 | 7 | |
| Foodbank | - | 11,65 | 11,65 | |
| Garden Cafe | 5,74 5 |
71,21 2 2 10,24 |
76,95 7 2 10,24 |
|
| 9 | 9 | |||
| Net 6,38 |
Net 6,38 |
|||
| Previous year | current 0 |
Assets 0 |
||
| fxed | assets / (liabiliti es)£ 2,50 2 |
Tangible £ 2,50 2 |
||
| assets | £ | |||
| Unrestricted funds | - | (1,29 | (1,29 | |
| General | 2,77 | 9) | 9) | |
| Garden Cafe | 2 | 1,96 | 4,73 | |
| General | 2 | 4 | ||
| Designated | - | |||
| General Reserve | 5,00 | 5,00 | ||
| - | 0 | 0 | ||
| Restricted funds | ||||
| - | ||||
| CEO | ||||
| Children and | - | 20,60 7 |
20,60 7 |
|
| familiesElders Activities Football |
- 4,88 6 |
17,96 2 8,38 69,10 7 |
17,96 2 8,38 76,76 5 |
|
| Academy | 2 | 2 | ||
| Garden Cafe | 3,17 | 3,17 | ||
| 8 | 8 | |||
| 7,658 | 13,31 | 18,20 | ||
| 5 | 1 |
16of 19
ASCENSION COMMUNITY TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021
18. Company limited by guarantee
ASCENSION COMMUNITY TRUST is a company limited by guarantee and accordingly does not have a share capital.
17 of 19
ASCENSION COMMUNITY TRUST Detailed Statement of Financial Activities For the year ended 31 March 2021
| 202 | 202 | |
|---|---|---|
| 1 £ |
0 £ |
|
| INCOME AND | ||
| ENDOWMENT | 7,60 | 2,99 |
| Donations and legacies | 2 | 5 |
| Donations | 184,54 | 182,54 |
| Grants | 7 | 3 |
| receivable | 192,2 107 |
185,5 - |
| Subscriptions | 56 | 38 |
| - | 6,54 | |
| Charitable activities | 9 | |
| Income from charitable activities | 4 | |
| (Ascension Football Academy) | 2 | 3,37 |
| Income from charitable activities | 0 | |
| (Elders Activities) Income from charitable activities (Children and Families) |
2,7 96 2,75 4 |
9,91 9 - |
| 2,36 | 26,98 | |
| Other trading activities | 1 | 0 |
| Shop income Income from Other activities for generating funds |
14 7 197,5 60 2,50 8 |
80 5 (1,72 223,2 42 27,7 85 |
| 0) | ||
| Total incoming resources EXPENDITURE |
- (4,01 - |
(29,07 5) (1,72 0) |
| Raising donations and legacies | 3) | (29,0 |
| Donations | (4,01 | 75) |
| 3) | (5,74 | |
| Other trading activities | ||
| Shop costs | - | 3) |
| (18,18 | (18,77 | |
| Charitable activities Cost of direct charitable activity |
9) | 2) |
| (Ascension Football Academy) Cost of direct charitable activity |
(65,37 | (53,06 |
| (Elders Activities) |
9) - | 1) |
| Cost of direct charitable activity | ||
| (Community Work) | (57,17 | (1,612) |
| Cost of direct charitable activity (Art Recovery) |
4) | (28,94 |
| Cost of direct charitable activity (Children and Families) Cost of direct charitable activity (Food Bank)Cost of direct charitable activity (Advice |
(24,69 1) (14,89 5) |
(108,13 2) 4) - - |
Service)
(180,328)
This page does not form part of the statutory financial statements
ASCENSION COMMUNITY TRUST Detailed Statement of Financial Activities Continued For the year ended 31 March 2021
| SUPPORT COSTS | ||
|---|---|---|
| Management | (1,93 | (27,51 |
| Management | 2) | 7) |
| (1,93 | (27,51 | |
| Human Resources | 2) | 7) |
| Human Resources | ||
| (3,31 | (335 | |
| Governance costs | 2) | ) |
| Governance costs | (3,31 | (33 |
| 2) | 5) | |
| Total resources | (7,78 | (6,15 |
| expended Net | 3) | 7) |
| Income | (7,7 | (6,15 |
| 83) | 7) | |
| (197,3 | (172,9 | |
| 68) | 36) | |
| 192 | 50,306 |
19 of 19
This page does not form part of the statutory financial statements