Ascension Community Trust Charity Reg number 1091887 Company registered in England and Wales Company Number 04184090
## ASCENSION COMMUNITY TRUST
Directors Report and Financial Statements
for the Year Ended 31 March 2024
Ascension Community Trust Charity No. 1091887 Contents of the Financial Statements for the year ended 31 March 2024
||Page|
|---|---|
|General Information|2|
|Trustees report|3-7|
|Independent Examiners Report to the Trustees|8|
|Statement of Financial Activities|9|
|Statement of Financial Position|10|
|Notes to the Financial Statements|11-15|
page 1
||Ascension Community Trust|
|---|---|
||Charity No. 1091887|
||Companies House Reg Number 04184090|
||General Information|
||for the year ended 31 March 2024|
|Principal Address|Ascension Community Trust|
||Ascension Church Centre|
||Baxter Road|
||Custom House|
||London|
||E16 3HJ|
|Director/Trustees.||
||Rev'd D Chesney|
||N J Copsey|
||C G Crombie|
||A MacDonald|
||F Johnson|
||MGJ Yeatts|
|Secretary|P H Beaufrere|
|Independent Examiners|Brian Dexter ACMA|
||A Thousand Hills Limited|
||172 Sandford Road|
||East Ham|
||LONDON|
||E6 3PX|
page 2
for the year ended 31 March 2024
## Ascension Community Trust Charity No. 1091887 Trustees Report
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and financial statements of the charitable company for the year ended 31 March 2024. The Trustees have adopted and followed the provisions of "Accounting and Reporting for 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" (FRS102, effective 1 January 2019).
This last financial year has been a one of new opportunities alongside challenges. Having moved fully out of the unpredictability and disruption caused by the Covid pandemic we were able to build on the hard work that was achieved in response. One of the major challenges for this financial year was the transition to a new CEO as we said farewell to Hannah Tulloch. After 15 years with the organisation (5 years as CEO), Hannah decided it was the right time to move on and for a new person to lead the next stage of the organisation. We had a very successful recruitment campaign and our new CEO was appointed in May 2023.
## **Structure and Governance**
Ascension Community Trust is governed under the terms of its trust deed signed on 21 December 1997 and amended on 25th July 2003. Its trustees meet a minimum of six times a year to manage the activities of the trust.
## **Charitable Objectives**
## **Five Year Objectives (Set in January 2018)**
- 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.
With the appointment of a new CEO, our aim was to set a new 5 year vision for ACT. However, this has yet to be undertaken, so for 2023/24, the above objectives remain core to our commitment in serving the community of Custom House.
## **Aims and Objectives**
In our last report we set two main objectives:
- establishing an organisational structure that was fit for purpose and to improve sustainability.
- To improve sustainability through an increase of individual donors to the charity
## **• Make the organisation structure better fit for purpose**
As per our previous report, over the past two years the organisation has gone through a significant structural change. Our staff and volunteer team has grown and our focus has been towards the infrastructure of the organisation, including administration, marketing and fundraising. This was previously all done by the CEO. The establishment of a Senior Leadership Team has provided that additional layer of management which allowed the CEO to devote more time to the strategic direction of the organisation. These staff are now more involved in the decision making of the organisation at a strategic level and has contributed to supporting the new CEO as he establishes new ways of working.
## **• To improve sustainability through an increase of individual donors to the charity**
There have been excellent developments with this. For the year ended March 2020 our donations were £2,995 in total, which increased to £21,986 in 2023/24. This has helped maintain our free reserves around our target level, keeping the organisation in a more stable financial position and given us more flexibility as an organisation.
…continued
page 3
Ascension Community Trust Charity No. 1091887 Trustees Report
for the year ended 31 March 2024
## **Public Benefit Statement**
Ascension Community Trust is achieving public benefit through the delivery of services to those in need in the London Borough of Newham. Services include provision of food, activities, advice and training for some of the most vulnerable in Newham.
## **Achievements and Performance**
## **Children’s Work (including Ascension Football Academy)**
## - Young Adventurers After School Club
Following community consultation our after school club was set up in 2020 to provide high quality childcare at affordable prices. ‘Young Adventurers’ has operates as an Ofsted registered affordable after school club. The name reflects our hope that young people will not just be cared for, but through our provision continue to grow a sense of curiosity and adventure through their personal, social and emotional development.
**Young Adventurers** operates with a child-centred approach, respecting the individual needs of each child. With the aim of providing a relaxed, safe and secure environment the club offers a range of activities to reflect the interests of the children in our care. We provide nutritious food and holistic support to each child. For all attending the club we offer a service that promotes equality, inclusion and values diversity. Children and their parents/carers are be encouraged to participate in the decision making. All our staff and volunteers are suitably qualified and experienced in various aspects of childcare and play, with ongoing training. Through building trusting relationships with local schools and parents, partnerships have grown over the last two years as has attendance. In 2022 our nearest primary school closed extended school provision immediately impacting afterschool care available to parents. Through networking with the school a coffee morning was arranged where parents could find out about Young Adventurers and ask questions specific to their child’s needs. After signing up to our afterschool care many parents expressed their gratitude concerning the clubs work and commented ‘I don’t know what I would’ve done without you.’
## - Football Academy
Our football academy provides Football Association qualified coaching for children and young people, as well as professional development opportunities and training in life skills. We are open to children in years one to nine, both male and female, and typically coach fifteen to twenty young people per session (up to fifty unique attendees a year). The academy takes place throughout the school year at Royal Docks Community School, Custom House, on Saturday mornings between 9:00 - 10:30 am and typically usually costs £4.00, with free places being offered to low-income families. This project has utilised football as a means of mentoring young people, providing positive adult role models. It has also fostered a passion for sport in our area which faces high rates for child obesity amongst other health outcomes.
## - Summer Scheme
ACT Summer Scheme operates for three weeks during summer holidays offering affordable, fun and meaningful activities. This includes trips out in central London, team games and arts and crafts.
Our engaging activities have provided new opportunities for personal growth and the broadening of horizons for local children. For example during our trips to local parks and nature reserves a number of attendees commented that they had not been too these sites before, despite being local to them. Ascension Community Trust’s Track Record. The scheme complements the aforementioned projects, delivered by staff from our afterschool club and football academy to continue a sense of familiarity and consolidate relationships. One week of summer scheme is facilitated alongside a specialist football coaching organisation with the aim of both introducing a wider range of children to our football academy as well as providing intensive development and social activities for existing members.
…continued
page 4
Charity No. 1091887 Trustees Report for the year ended 31 March 2024
## **Foodbank**
Ascension Community Trust currently oversees Newham District Foodbank, and important partnership with Bonny Downs Community Association (BDCA) and Royal Docks Learning and Activity Centre (RDLAC). Newham District Foodbank was created to do more than just provide food for those in emergency need. The Trussell Trust referral system and emergency food means that we are meeting and supporting those in the greatest need. We then use this opportunity to connect with people and support them out of their crisis. From it’s beginning as an emergency response during Covid-19 lockdowns, our food banks became officially associated with Trussell Trust in June 2021. At ACT we were able to get funding for a container and porta-cabin which operate as a warehouse and preparation area for all food bank sites for the making up of food parcels. Taken as a whole ACT, BDCA and RDLAC provide emergency food four days a week across the year.
We know that crisis can strike anyone and we also understand how difficult it can be to think about walking through a foodbank door. That’s why our foodbank volunteers aim to welcome everyone who comes to the foodbank with compassion, kindness and a listening ear. At ACT a free meal is provided each week along with the chance to sit and chat with a volunteer should anyone attending choose to. We have benefitted from a wonderful group of volunteers including residents, visitors from churches as well as corporate volunteers.
## **Advice Service**
Our Advice programme has grown from a small set-up into a flourishing project, operating in partnership with other local charities. The service provides easy access to advice on benefits, housing, employment and food poverty amongst other key issues; whilst acting as an advocate for the user and signposting to other services if necessary. Before the service started, we had hundreds of users a year who would require some sort of advice or advocacy and when our charity was unable to help, it became increasingly difficult to find services to signpost people to, particularly in regards to benefits and housing. The service has expanded from initial delivery in Custom House to also having a presence in East Ham and North Woolwich.
Support can range from small but important issues such as securing a free bus pass, through to issues such as threat of eviction. This support is provided as ‘advice in a community setting’, a model which has been identified as particularly effective. Feedback from volunteers and staff at the foodbanks demonstrated that the best way to engage with service users was for the advice provided to initially take place in the setting where that person already attends. Of equal importance to the success of this service is not just the programme offered, but the manner in which support is presented. Staff provide an excellent, person centred approach which is accessible and inclusive to a wide range of service users. We hope that not only are positive outcomes are achieved both those seeking help, but also that they leave feeling seen and listened to.
## **Complex Needs**
## - Supported Volunteering
Our Supported Volunteering provides opportunities for adults with support needs to learn kitchen and hospitality skills on placement. The scheme involves agreeing training goals with each person on and implementing a support plan which incrementally increases responsibility and independence over time. Through this model, those on placement are empowered to participate and contribute as much as is possible, with the underpinning of support which ensures a sense of security and dignity in how they work. Through this work the team contributes to serving those attending Food Bank and Community Meal. External trips are also part of the placement and have included visits to a Christmas lights events, a community farm, learning about different types of café projects as well as a professional Italian pizza making experience This has helped build social skills, a sense of team amongst all involved.
## - Inclusive Arts and Crafts
Our Arts and Crafts Group delivers weekly accessible workshops providing a range of activities which offer a therapeutic engagement with arts and crafts. Delivered through partnership work with Newham Council, this group grown. Through visiting another established learning disability art group, they are now integrating more choice and ownership over the artistic projects developed with the aim of helping the most keen attendees of seeing themselves as artists in their own right. Throughout the year events are held celebrating the work created.
…continued
page 5
Trustees Report for the year ended 31 March 2024
## Ascension Community Trust
## Charity No. 1091887
## **Complex Needs continued**
## - Gardening
Our gardening project has provided therapeutic and engaging opportunities to learn gardening skills and be amongst nature. This has paired young people with learning disabilities with support workers. Across he year the group learns a number of skills including composting, planting, and bed maintenance amongst others. This helps build self-confidence throughout the year tasks completed collected by the referring school to log progress. Over the year this has slowly led to an improvement of the garden space as a result of their work, often a source of praise from those visiting it.
## - Community Meal
Community Meal launched as part of Newham Council’s Warm Havens and Community Meals initiatives. It is open to all members of the community but has a particular focus on welcoming anyone with support needs, facing poor mental health or those from refugee/asylum seeker backgrounds. Each week our hall is decorated to create a warm, bright and welcoming environment with games and activities alongside a steady supply of tea and coffee. A range of local residents attend, including those from local care homes.
## **Impact**
Impact is more than just numbers, it is about the journey individuals and groups go on and the transformation along the way. Whether it is residents receiving support through particular services or volunteers gaining new skills and contributing, the personal stories are as important as numerical ways of measuring outcomes. We hope that these numbers and statistics both demonstrate the reach of ACT’s work in Custom House and beyond and that behind each figure is a meaningful experience.
## Children and Families
**39** people taking part with Ascension Football Academy
**25** children attending Young Adventurers Afterschool Club
**150** children taking part with Summer Scheme over three weeks.
## Foodbank and Advice Service
**1,642** food vouchers issued
**6,000** people supported with food parcels
**95** people directly supported by ACT Advice Service
**70%** of completed Advice Service casework resulted in a financial outcome for service user.
## Complex Needs
**8** young people attending gardening
**15** adults participating with Inclusive Arts.
**8** adults taking part with long term supported volunteering placements and going on **6** trips.
**32** weeks of Community Meals delivered, **70+** people attending
…continued
page 6
Ascension Community Trust Charity No. 1091887 Trustees Report
for the year ended 31 March 2024
We want to take this opportunity to thank of all of the people who have volunteered their time to make the work of Ascension Community Trust possible. We also want to thank the organisations that have funded our work over the past year.
They are:
*�London Borough of Newham- Warm Haven *�Felsted School Mission *�Essex Community Foundation *�Newham Health Collaboration Ltd *�Greggs Foundation *�London over The border *�City Bridge Trust *�Charles French Charitable Trust *�The Percy Bilton Charity *�East End Community Foundation *�Helene Hogg *�Catch 22 Charity *�Henry Smith Charity *�Trussell Trust *�Royal Docks Trust *�Jack Petchey Foundation *�National Lottery *�The Archer Trust *�TrustHouse *�The London Community Foundation
## **Risk, Reserves and Financial review**
Income for the year was £331,141 (2023: £508,450) of which £81,637 (2023: £90,178) was unrestricted. Expenditure for the year was £400,952 (2023: £428,122) of which £76,690 (2023: £87,321) was from unrestricted funds. In the year unrestricted funds of £2.980 were used to cover deficits in restricted funds. Childrens £2,768 and seniors £212.
Ascension Community Trust’s reserves policy is that between £18,000 and £25,000 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, over three months, including redundancy payments, and to mitigate any financial risks. This figure is monitored and reviewed by the board of trustees on an annual basis.
At 31 March 2024 Ascension Community trust had funds of £87,962 (2023: £157,773). Of these £64,478 (2023: £136,255) was restricted funds. The total amount of free reserves held is therefore £23,485 (2023: £21,518) .
This level is within our reserves policy target range, therefore the trustees are satisfied with this reserves level.
Signed on behalf of the charity's trustees
Dave Chesney Dated
page 7
## Ascension Community Trust
## Charity No. 1091887
Independent Examiners Report to the Trustees. for the year ended 31 March 2024
To the Trustees.
I report on the Financial Statements of the Charitable company for the year ended 31st March 2023 which are set out in the following pages.
## **Respective responsibilities of trustees and examiner**
The trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts.
The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011, “the 2011 A ct”, and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examinatio n, it is my responsibility to:
Examine the accounts under section 145 of the 2011 Act;
To follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2 011 Act; and
To state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination incl udes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also i ncludes consideration of any unusual items or disclosures in the accounts, and seeking explanation s from you the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opi nion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the sta tement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that in any material respect the requirements:
To keep accounting records in accordance with section 386 of the companies Act 2006; and
To prepare accounts which accord with the accounting records, comply with the Charities Act 2011 and the SORP (FRS102) "Accounting and Reporting by Charities" issued in March 2015.
have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Brian Dexter ACMA
A Thousand Hills Limited 172 Sandford Road East Ham London E6 3PX Dated.......... .
page 8
## Ascension Community Trust Charity No. 1091887
## **Statement of Financial Activities (including Income and Expenditure Account)**
for the year ended 31 March 2024
|**Income and Endowments From**
Donations and Legacies
Charitable Activities
Other Trading Activities
Total Incoming Resources
**Expenditure on:**
Raising Funds
Charitable Activities
Total Resources Expended
Net Expenditure for the Year
net surplus/(deficit)
Transfer between funds
Fund Balances 1 April 2023
Fund Balances 31 March 2024|**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
43,801
248,303
292,104
37,345
1,202
38,547
490
-
490
-
-
-
81,637
249,505
331,141
-
-
-
76,690
324,262
400,952
76,690
324,262
400,952
4,947
(74,757)
(69,810)
4,947
(74,757)
(69,810)
(2,980)
2,980
-
21,518
136,255
157,773
23,485
64,478
87,962|**2023**
**£**
row
455,480
281
51,852
289
1,118
295
-
508,450
-
301
299
428,122
313
£4,000
428,122
80,328
Fx
80,328
-
77,445
236 237
157,773|
|---|---|---|
page 9
## Ascension Community Trust Charity No. 1091887 **Statement of Financial Position**
as at 31st March 2024
|**Fixed Assets**
Tangible Fixed Assets
**Current Assets**
Debtors
Cash at bank and in hand
**Total Current Assets**
Net Current Assets
**Net Assets**
**Funds**
Unrestricted Funds
Restricted Funds
**Total Funds**
Creditors due after more than one
**Creditors: Amounts due within**|**Unrestricted**
**Restricted**
**2024**
**Funds**
**Funds**
**Total**
2,533
10,450
12,983
5,008
32,447
37,455
21,593
29,081
50,674
26,601
61,528
88,128
5,648
7,500
13,148
20,953
54,028
74,980
-
-
-
23,486
64,478
87,963
23,485
23,485
64,478
64,478
23,485
64,478
87,963
|**2023**
**Total**
17,308
398
5,607
403
163,046
TB
168,653
fx
52,188
TB
116,465
fx
-
133,773
21,518
208
136,255
157,773|
|---|---|---|
For the year ended 31 March 2024 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, and there is no mandatory audit requirement in the charity's governing documents.
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 company regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by Dave Chesney.
_______________________________ Title date
page 10
Ascension Community Trust Charity No. 1091887
## **Notes to the financial statements for the year ended 31 March 2024**
## **1. Accounting Policies**
## **Basis of Accounting**
The financial statements have been prepared underr the historic cost convention, except for investments which are included at market value and the revaluation of certain fixed assets in accordance with the Charities SORP Accounting and Reporting for Charities: Statement of Recomended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland" (FRS102, effective 1 January 2019).
ASCENSION COMMUNITY TRUST meets the definition of a public benefit entity under FRS102.
## **Statement of cash flows**
The Trustees have taken advantage of the exemption in FRS102 from including a statement of cash flows in the financial statements on the grounds that the charitable company qualifies as a small company.
## **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. Gift Aid is recognised when the donation to which it relates is received. Gifts in Kind and pro-bono services are included in income as donations at a sum equal to their market value or the value to the charity. An equivalent sum is added to resources expenditure under the appropriate category.
## **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 charged over the lifetime of the asset at rates calculated to write off the cost or valuation of the fixed asset over their expected useful lives.
The following specific rates apply:
Land and Buildings (Leasehold) Straight line over the life of the lease Plant and machinery: 25% Reducing balance
## **Irrecoverable VAT**
VAT , to the extent that it cannot be recovered, is included in the Statement of Financial Activities as part of the expenditure to which it relates.
page 11
## Ascension Community Trust Charity No. 1091887
Notes to the financial statements for the year ended 31 March 2024
|**2. Income from Donations and Legacies**
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
Donations received
8,774
13,212
21,986
Grants received
30,027
235,091
265,118
HMRC Employers allowance
5,000
-
5,000
Gifts In Kind
-
-
-
43,801
248,303
292,104
**3. Income from charitable activities**
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
Ascension Football Academy
-
1,192
1,192
Seniors activities
-
10
10
Café income
4,566
-
4,566
Children and family activities
32,779
-
32,779
37,345
1,202
38,547
**4. Income from other activities**
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
Catering
-
-
-
Other activities for generating fund
490
-
490
490
-
490
**5. Expenditure on generating funds**
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
Support Costs
-
-
-
Shop costs
-
-
-
-
-
-
**6. Cost of charitable activities**
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
Seniors Project
-
11,221
11,221
Community Work
-
-
-
Café
18,147
25,313
43,460
Complex Needs
-
37,452
37,452
Children and Families
24,162
35,546
59,708
Football Academy
-
8,253
8,253
Food Bank
-
72,721
72,721
Advice service
-
53,216
53,216
Admin and CEO
34,381
80,540
114,921
Admin
37,077
24,323
61,400
Total
76,690
324,262
400,952
**7. Analysis of support costs**
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
Management
-
Human Resources
-
Governance
-
-
-
-
Note. The costs above include the value of gifts in kind used by the charity in the period:|**2023**
**£**
30,307
386,653
5,000
33,500|
|---|---|
||455,460|
||**2023**
**£**
7,311
405
20,719
23,417|
||51,852|
||**2023**
**£**
576
542|
||1,118|
||**2023**
**£**
-
-|
||-|
||**2023**
**£**
21,903
21,960
93,654
53,216
6,087
63,131
87,843
80,328|
||61,400|
||428,122|
||**2023**
**£**
-
-
-
-
-
-
-|
||-|
page 12
## Ascension Community Trust
## Charity No. 1091887
Notes to the financial statements for the year ended 31 March 2024
## **8. Net income/expenditure for the year**
This is stated after charging/(crediting)
|Depreciation of Fixed Assets
Accountancy Fees
Staff Pension Contributions|**2024**
**£**
4,325
900
3,839|**2023**
**£**
5,770
800
1,810|
|---|---|---|
## **9. Staff costs**
**Total staff costs for the year ended 31 March 2024 were**
|Salaries and Wages
Social security costs
Pension Costs
The number of staff employed during the year was:
Programme Staff
Support Staff|**2024**
**£**
222,754
14,575
3,281
240,611
13
3|**2023**
**£**
207,172
11,940
1,810|
|---|---|---|
|||220,922
12
3|
## **10. Comparative Statement of financial activities**
|**Income and Endowments From**
Donations and Legacies
Charitable Activities
Other Trading Activities
Total Incoming Resources
**Expenditure on:**
Raising Funds
Charitable Activities
Total Resources Expended
Net Expenditure for the Year
net movement in funds
Fund Balances 1 April 2022
Fund Balances 31 March 2023|Unrestricted
Restricted
**£**
**£**
44,692
410,788
44,541
7,311
945
173|2023
**£**
455,480
51,852
1,118
508,450
-
428,122
428,122
80,328
80,328
77,445
157,773|2022
**£**
213,542
27,703
1,822|
|---|---|---|---|
||90,178
418,272
87,321
340,801||243,067
-
242,579|
||87,321
340,801
2,857
77,471||242,579
488|
||2,857
77,471||488|
||18,661
58,784||76,957|
||21,518
136,255||77,445|
## **11. Fixed Assets**
|**COST or VALUATION**
At 1 April 2023
Additions
Disposals
At 31 March 2024
**DEPRECIATION**
At 1 April 2022
Charge for year
On Disposals
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2022|£
£
Land and
Buildings
Fixtures and
Fittings|Total
£
94,921
-
-
94,921
TB
77,613
4,325
-
81,938
TB
12,983
~~17,308~~|
|---|---|---|
||44,688
50,232||
||-||
||44,688
50,232||
||44,688
32,924
4,325||
||44,688
37,249||
||-
12,983||
||~~-~~
~~17,308~~||
page 13
## Ascension Community Trust Charity No. 1091887
Notes to the financial statements for the year ended 31 March 2024
## **12. Debtors**
## **13. Creditors**
|Amounts due within one year
Other debtors
Other creditors
Accruals
Defered restricted income|**2024**
**£**
37,455
**2024**
**£**
3,334
2,314
7,500
13,148|**2023**
**£**
5,608
**2023**
**£**
25,134
TB
3,054
TB
24,000
52,188|
|---|---|---|
Defered Income relates to restricted funds received to cover future admin staff costs.
## **14. Restricted Fund Movements**
|Advice Service
Admin and CEO
Children and Families
Football Academy
Seniors
Poverty Response/Foodbank
Complex Needs
Garden Café|**01/04/2023**
**Income**
**Expenditure**
**Transfers**
**31/03/2024**
**£**
**£**
**£**
**£**
**£**
35,579
24,329
53,216
6,692
73
89,250
80,540
8,783
-
21,643
21,546
97
= Amand
1,243
4,242
8,253
2,768
1
4,859
6,150
11,221
212
0
67,023
30,092
72,721
24,393
-
37,650
37,452
198
27,478
36,150
39,313
24,315
136,255
249,505
324,262
2,980
64,478|
|---|---|
## **- prior year**
|Advice Service
Admin and CEO
Children and Families
Football Academy
Seniors
Poverty Response/Foodbank
Community Work
Garden Café|01/04/2022
Income
Expenditure
Transfers
£
£
£
£
20,876
102,546
87,843
20,000
25,600
45,527
0
27,428
27,429
-
7,331
6,087
7,388
18,982
21,511
5,211
124,943
63,131
2,897
19,063
21,960
2,412
92,379
67,313
58,784
418,272
340,801|31/03/2023
£
35,579
73
-
1,243
4,859
67,023
-
27,478|
|---|---|---|
|||136,255|
**Advice service** : **CEO** :
Funds to provide practical advice to parishoners Grant to cover employment costs of CEO
**Children and Families** : To provide activities and services for children and their families in the community. **Seniors** : To provide activities and services for older members of the community **Foodbank:** To provide food for members of the community in urgent need **Football academy:** To provide training in football for children and young people in the community **Complex Needs:** To provide services to nuture members of the community with complex needs. **Administration:** To support the general running of the organisation **Garden Café:** To provide a community café facility within the community **Transfers:** were made from General funds to support the activities in the Football academy and the Seniors project
page 14
## Ascension Community Trust Charity No. 1091887
Notes to the financial statements for the year ended 31 March 2024
## **15 Unrestricted fund movements**
|**15 Unrestricted fund movements**||
|---|---|
|General funds
Garden Café
Children and families
Seniors
General
-Prior Year
Garden Café
Children and families
Seniors
General|**01/04/2023**
**Income**
**Expenditure**
**Transfers**
**31/03/2024**
**£**
**£**
**£**
**£**
-
4,191
4,147
-
44
-
33,052
38,162
5,110
-
329
212
-
117
21,189
44,394
34,381
(7,878)
23,325|
||21,518
81,637
76,690
2,980
-
23,486|
||01/04/2022
Income
Expenditure
Transfers
31/03/2023
£
£
£
£
-
26,341
26,341
-
-
-
23,416
25,787
2,370
-
316
405
392
329
18,345
40,015
34,801
(2,370)
21,189|
||18,661
90,178
87,321
-
21,518|
**Garden Café:** To provide finance for activities within the Garden Café **Children and Families** : To provide activities and services for children and their families in the community. **Seniors** : To provide activities and services for older members of the community **General** : Free reserves for the charities overall objectives.
**Transfers** : In 23/24 transfers were made from Unrestricted General funds to support the Footbal academy
## **16. Analysis of net assets between funds as at 31 March 2024**
|-Current year
Unrestricted
Designated
Restricted
- Prior year
Unrestricted
Designated
Restricted|**Fixed**
**Current Assets**
**Creditors**
**Net Assets**
**£**
**£**
**£**
**£**
2,533
26,601
5,648
23,486
219
-
-
-
-
10,450
54,028
-
64,478
12,983
80,628
5,648
87,963
Fixed
Current Assets
Creditors
Net Assets
6,858
18,848
4,188
21,518
-
-
-
-
10,450
125,805
-
136,255
17,308
144,653
4,188
157,773|
|---|---|
## **17. Company limited by guarantee**
ASCENSION COMMUNITY TRUST is a company limited by guarantee and accordingly does not have a share capital. The liability of each member on the winding up of the company is limited to £1.
page 15
## **18. Detailed Fund Schedules**
|||Opening balance|Income|Expenditure|Transfers|Closing
balance|Defered Income|Accrued
Income|
|---|---|---|---|---|---|---|---|---|
|**Fund**|||||||||
|ADVICE|||||||||
|Fasttrack Funding||10,860|-|8,170||2,689.90|||
|Financial Inclusion Grant||4,601|8,222|33,814|20,991|-||8222|
|GLA Grant||2,566|11,704|11,129||3,141.02|||
|Restricted||17,552|4,403|103|(20,991)|860.37|||
|Unrestricted||-|-|-|-|-|||
|||35,578|24,329|53,216|-|6,691.29|||
|ADMIN and CEO|||||||||
|Restricted||-|7,350|7,350||0.47|||
|Garfield Weston Grant||38|12,600|12,638||-|0||
|Henry Smith Grant||35|58,000|53,095||4,939.63|0||
|National lottery||-|11,300|7,457||3,843.20||11300|
|Unrestricted||21,189|44,394|34,381|(7,878)|23,324.18||1575|
|||21,262|133,644|114,920|(7,878)|47,864.10|-||
|CHILDREN AND FAMILIES|||||||||
|Awards for All Children||750|-|750||-|||
|Trusthouse Grant||1,762|10,000|9,161||2,601.22|||
|Charles ffrench|||4,000|3,992||7.53|||
|Restricted||-|7,643|7,643||-|||
|Unrestricted||-|33,052|38,162|5,110|-|||
|||2,512|54,695|59,709|5,110|2,608.30|||
|FOOTBALL ACADEMY|||||||||
|Football||1,243|4,242|8,253|2,768|-|||
|||1,243|4,242|8,253|2,768|(5,535.33)|||
|SENIORS|||||||||
|London Community Foundation||4,859|-|4,859||-|||
|Warm Haven Grant Community Meal||-|6,040|6,309|269|(0.04)|||
|Restricted||-|110|52|(57)|-|||
|Unrestricted||329|-|-|(212)|117.00|||
|||5,188|6,150|11,221|-|116.96|||
|POVERTY RESPONSE||-||||-|||
|Container & Storage Grants||35,299|-|35,299||-|||
|East End Foundation|||1,000|1,000|||||
|Essex Community Foundation||6,396|2,500|8,896||-|||
|Julia and Hans Rausing Grant||3,989|-|3,916||72.96|||
|Strategic Resources Grant||9,942|12,960|12,762||10,139.97|||
|Restricted|Donations and Gifts in|9,502|13,632|10,849||12,284.69|||
|||65,127|30,092|72,721|-|22,497.62|||
|COMMUNITY WORK|||||||||
|Community Assemblies Gardening (22/23)||-|-|-||-|||
|Community Assemblies Youth Cafe (21/22)||-|-|-||-|||
|Restricted||-|-|-||-|||
|||-|-|-|-|-|||
|COMPLEX NEEDS|||||||||
|Supported Volunteering||13,842|-|10,988||2,853.86|||
|Restricted||||-||-|||
|City Bridge Trust|||35,750|26,465||9,285.35||10750|
|Joseph RANK|||||||7500||
|LBN Warm Havens|||1,900|-||1,900.00|||
|||13,842|37,650|37,452|-|14,039|||
|GARDEN CAFÉ|||||||||
|Awards for All Youth Cafe||3,539|-|3,539||-|||
|Fight for Peace Grant|Youth Cafe|-|-|-||-|||
|Royal Docks Trust Cafe||9,481|25,000|24,623||9,857.97|||
|Supported Volunteering||-|-|-||-|||
|Felsted School Mission (The Youth)|||4,000|4,000||-|||
|Jack Petchey Found (The Youth)|||900|900||-|||
|London Over The Border(The Youth)|||5,000|5,000||-|||
|Restricted||-|1,250|1,250||-|||
|Unrestricted||-|4,191|4,147||43.51|||
|||13,020|40,341|43,460|-|9,901.48|||
|TOTAL||157,773|331,141|400,951|(0)|84,144.42|7500|31847|
|TOTAL Unrestricted||21,518|81,637|76,690|(2,980)|23,484.69||1575|
|TOTAL Restricted||136,255|249,505|324,261|2,980|60,659.73|7500|30272|
page 16