(Company number: 4779914) (Charity number: 1099164)
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
REPORT OF THE TRUSTEES AND
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
(Company number: 4779914) (Charity number: 1099164)
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
CONTENTS
| PAGE | |
|---|---|
| Trust Information | 1 |
| Report of the Trustees | 2 - 4 |
| Independent Examiners' Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 - 14 |
| Detailed Income and Expenditure Account | 15 |
(Company number: 4779914) (Charity number: 1099164)
1
ASHRAM COMMUNITY TRUST (a charitable company limited by guarantee and not having a share capital)
TRUST INFORMATION
| DIRECTORS/TRUSTEES | David Dale |
|---|---|
| Helen Davies | |
| Lorraine Jones | |
| Linda Marshall | |
| Ian Parker | |
| COMPANY SECRETARY | Linda Marshall |
| REGISTERED OFFICE | 31 Budebury Road |
| Staines | |
| Middlesex | |
| TW18 2AZ | |
| REGISTERED COMPANY NUMBER | 4779914 |
| REGISTERED CHARITY NUMBER | 1099164 |
| BANKERS | Lloyds Bank plc |
| Co-operative Bank plc | |
| Triodos Bank | |
| Nationwide Building Society | |
| Kings Park Road | |
| Northampton | |
| NN3 6NW | |
| INDEPENDENT EXAMINER | Natalie Bracey |
| Hart Shaw | |
| Europa Link | |
| Sheffield Business Park | |
| Sheffield | |
| S9 1XU |
(Company number: 4779914)
2
(Charity number: 1099164)
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
REPORT OF THE TRUSTEES
The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 published in October 2019.
STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the net income or expenditure for the year. In preparing those financial statements, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going-concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity's governing documents are the memorandum and articles of association incorporated 29 May 2003.
Trustees are selected from the members of at least two years standing. A potential new trustee will be approached by one of the existing trustees, on the basis of the skills and experience they have to offer, and if prepared to serve their name will be put to the AGM of all members for their approval.
OBJECTIVES AND ACTIVITIES
The Charity's objectives are the promotion of any charitable purposes for the benefit of the community of Sheffield and in such other areas as the Charity may from time to time determine; and in particular the advancement of the Christian religion, the advancement of education, the promotion of religious and educational study and research and the publication of the results of all such study and research; and the relief of poverty, sickness, affliction and distress.
In furtherance of the above objectives, but not otherwise, the Charity may exercise the following powers: (i-viii are the standard powers of a charitable company)
(ix) provide facilities for religious fellowship and training.
(x) procure to be written and print, publish, issue and circulate gratuitously or otherwise any reports or periodicals, books, pamphlets, leaflets or any other documents,
(xi) arrange and provide for, or join in arranging and providing for the holding of exhibitions, meetings, lectures and classes, (xii) establish residential communities for persons directly engaged in the furtherance of the purpose of the aforesaid, (xiii) promote, encourage or undertake experimental work.
(Company number: 4779914)
3
(Charity number: 1099164)
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
REPORT OF THE TRUSTEES (continued)
REVIEW OF THE ACTIVITIES OF THE CHARITABLE COMPANY
The trustees have had regard to the Charity Commission’s guidance on public benefit. During the entire year covered by this report, restrictions related to the COVID-19 pandemic prevented the charity operating in its accustomed fashion. Some activities were able to continue in a modified form.
Providing facilities for religious fellowship: The charity held its four national gatherings as usual, while local branches in London, Nottingham, Manchester and Sheffield continued to meet regularly. Most of these meetings were attended by associates and non‐members, thus providing a public benefit.
Providing facilities for religious fellowship: The weekend in May was by video conference, but the relaxation of Covid-19 restrictions enabled an in-person weekend meeting to take place in October. Day meetings in July and February were replaced by video conferences. The branches in London and North-West England continued to meet with approximately the same degree of regularity as previously, also by video conference. Fortnightly gatherings online also take place, open to allcomers. This way of operating was disadvantageous to members who were unable to join in, or could only participate via their telephone; conversely members prevented by their geographical location from participating in face-to-face branch meetings were able to take part. Efforts were made to keep in contact by post and telephone with those members that were unable to participate in video conferencing or receive emails. Most of these ‘meetings’ were attended by associates and non-members, thus providing a public benefit.
Publications : ‘ACT Together’, containing articles by Community members and friends, was published in May and October. ‘Jesus the Baker’ was also published during the year.
Meetings, lectures and classes : The Multi-faith Chapel and Library in Burngreave, Sheffield was unable to operate, but a few people were able to participate in the Urban Theology Union Certificate in Theology, Discipleship and Mission funded by scholarships financed by the Charity.
Residential communities : One of the Community’s houses in Rock Street, and one in Andover Street, Sheffield continued to be occupied for this purpose. Work continued on the refurbishment of accommodation within the Burngreave complex. The premises at Glossop Road, Sheffield, which formerly housed the 'New Roots' wholefood shop, a community flat and meeting place, were sold by auction.
Relief of poverty etc. : All members were asked to give a day’s income to the annual appeal, which this year funded donations to the Conflict Minerals Campaign in the Democratic Republic of Congo. These also created a public benefit. No grants were made from the Wider Service Fund and the Community Projects Fund for other charitable purposes outside of the Community, but members continued to contribute to these funds.
(Company number: 4779914) (Charity number: 1099164)
4
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
REPORT OF THE TRUSTEES (continued)
FINANCIAL REVIEW
For the period under review the trust had a surplus of Income over Expenditure of £221,270, which relates to a deficit of restricted funds amounting to £589, and a surplus of unrestricted funds of £221,859. At the year end the trust had unrestricted funds of £627,825 (2021: £405,966) and restricted funds of £3,890 (2021: £4,479).
The Charity’s policy is to maintain a sufficient level of reserves in order to meet the expected annual running costs.
This report has been prepared taking advantage of the small companies exemption in the Companies Act 2006.
The trustees' report was approved by the Board of Trustees
Linda Marshall
Trustee 13 July 2022
(Company number: 4779914)
5
(Charity number: 1099164)
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
INDEPENDENT EXAMINERS' REPORT
I report to the charity trustees on my examination of the accounts of Ashram Community Trust for the year ended 31st March 2022, which are set out on pages 5 to 14.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the 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 company’s accounts as 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 examiner's 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:
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accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
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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.
Natalie Bracey, ACA
22 August 2022
Hart Shaw LLP Europa Link Sheffield Business Park Sheffield S9 1XU
(Company number: 4779914) (Charity number: 1099164)
6
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR TO 31ST MARCH 2022
| Note INCOME AND EXPENDITURE INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities Other trading activities Investments TOTAL INCOME 2 EXPENDITURE ON Charitable activities Profit on disposal of Glossop road building Other TOTAL EXPENDITURE 3 NET INCOME/ (EXPENDITURE) Transfers between funds NET MOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD AT 1ST APRIL 2021 TOTAL FUNDS CARRIED FORWARD AT 31ST MARCH 2022 |
Unrestricted Funds £ 6,187 2,443 63 31,517 40,210 48,323 (231,051) 1,079 (181,649) 221,859 - 221,859 405,966 627,825 £ |
Restricted Funds (Houses & Projects) £ 500 1,622 - - 2,122 2,711 - - 2,711 (589) - (589) 4,479 3,890 £ |
Total Funds 2022 £ 6,687 4,065 63 31,517 42,332 51,034 (231,051) 1,079 (178,938) 221,270 - 221,270 410,445 631,715 £ |
Unrestricted Restricted Funds Funds (Houses & Projects) £ £ 4,285 - 671 2,217 - - 26,550 0 31,506 2,217 31,444 2,233 1,189 - 32,633 2,233 (1,127) (16) - - (1,127) (16) 407,093 4,495 405,966 £ 4,479 £ |
Total Funds 2021 £ 4,285 2,888 - 26,550 33,723 33,677 1,189 34,866 (1,143) - (1,143) 411,588 410,445 £ |
|---|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with requirements for an income and expenditure account under the Companies Act 2006.
(Company number: 4779914) (Charity number: 1099164)
7
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
BALANCE SHEET AS AT 31ST MARCH 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ £ |
£ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 5 | 338,596 | 373,596 | ||
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 6 | 293,889 | 37,689 | ||
| Debtors | 7 | 70 | - | ||
| Total Current Assets | 293,959 | 37,689 | |||
| LIABILITIES | |||||
| Amounts falling due within one year | 8 | 840 | 840 | ||
| NET CURRENT ASSETS | 293,119 | 36,849 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | TOTAL ASSETS LESS CURRENT LIABILITIES | 631,715 £ |
410,445 £ |
||
| THE FUNDS OF THE CHARITY | |||||
| Unrestricted income funds | 10 | 627,825 | 405,966 | ||
| Restricted income funds | 9 | 3,890 | 4,479 | ||
| 631,715 £ |
410,445 £ |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees' responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The accounts were approved by the Trustees on 13 July 2022.
Linda Marshall Trustee
(Company number: 4779914) (Charity number: 1099164)
8
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
1. ACCOUNTING POLICIES
Charity Information
Ashram Community Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is 31 Budebury Road, Staines, Middlesex, TW18 2AZ.
Accounting convention
The accounts have been prepared in accordance with the charity's memorandum and articles of association, the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) and “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)” (as amended for accounting periods commencing from 1 October 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared on the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.
Unrestricted Funds
These are funds that are not restricted or endowment funds. There is one unrestricted fund which is the General Fund, as donors give money to the charity on the understanding that it will be used at the discretion of the Trustees to further the work of the charity.
Restricted Funds
These funds are restricted by the donor(s) for expenditure for different, explicit purposes.
Grants receivable
Grants are recognised in full in the Statement of Financial Activities in the period in which they are receivable.
Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably on an accrual basis, and it is probable that income will be received.
(Company number: 4779914) (Charity number: 1099164)
9
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31ST MARCH 2022
Deferred income
Income received in the year which relates to future performance of an activity or event is considered deferred income, and carried forward to the following year.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Tangible fixed assets and depreciation
Tangible fixed assets over £500 are capitalised. All assets held by the charity are land and buildings, the trustees feel depreciating these assets would not give a true and fair view of their value, therefore no depreciation is charged. This is not in line with the Companies Act 2006.
Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with the charity's bank.
Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
(Company number: 4779914) (Charity number: 1099164)
10
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31ST MARCH 2022 (Continued)
2 INCOME FROM:
| DONATIONS & LEGACIES Grants & donations Members & associates CHARITABLE ACTIVITIES Ashram Press Week-ends Wider service fund Community projects fund Days income Activities Sundry income OTHER TRADING ACTIVITIED Other trading activities INCOME FROM INVESTMENT Rents & room hire received Investment income TOTAL INCOME |
Unrestricted Funds £ 2,750 3,437 6,187 - 2,329 - - - - 114 2,443 63 63 31,401 116 31,517 40,210 |
Restricted Funds £ 500 - 500 - - 327 503 792 - 1,622 - - - 2,122 |
Total Funds 2022 £ 3,250 3,437 6,687 - 2,329 327 503 792 - 114 4,065 63 63 31,401 116 31,517 42,332 |
Unrestricted Funds 2021 £ 559 3,726 4,285 124 547 - - - - - 671 - - 26,541 9 26,550 31,506 |
Restricted Funds 2021 £ - - - - - 216 637 1,364 - - 2,217 - - - - - 2,217 |
Total Funds 2020 £ 559 3,726 4,285 124 547 216 637 1,364 - - 2,888 - - 26,541 9 26,550 33,723 |
|---|---|---|---|---|---|---|
(Company number: 4779914) (Charity number: 1099164)
11
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31ST MARCH 2022 (Continued)
3 EXPENDITURE ON:
| CHARITABLE ACTIVITIES Week-ends Wider Service Fund Community Projects Fund Days income Premises alterations & equipment Publications, publicity & printing Rent Rates & water rates Utilities Insurance Telephone Interfaith Activities Sundry expenses OTHER Independent examiner's fee Administration Printing, postage & stationery TOTAL EXPENDITURE |
Unrestricted Funds 2022 £ 3,090 - - - 8,497 242 - 12,381 16,021 6,381 - - 303 1,408 48,323 840 23 216 1,079 49,402 |
Restricted Funds 2022 £ - - - 242 - - 300 - - - - 2,169 - - 2,711 - - - - 2,711 |
Total Funds 2022 £ 3,090 - - 242 8,497 242 300 12,381 16,021 6,381 - 2,169 303 1,408 51,034 840 23 216 1,079 52,113 |
Unrestricted Funds 2021 £ 255 - - - 5,544 214 - 10,673 7,060 6,376 - 302 1,020 31,444 864 16 309 1,189 32,633 |
Restricted Funds 2021 £ - - - 1,933 - - 300 - - - - - - 2,233 - - - - 2,233 |
Total Funds 2021 £ 255 - - 1,933 5,544 214 300 10,673 7,060 6,376 - 302 1,020 - 33,677 864 16 309 1,189 34,866 |
|---|---|---|---|---|---|---|
(Company number: 4779914) (Charity number: 1099164)
12
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31ST MARCH 2022 (Continued)
4 STAFF AND TRUSTEES
The average number of staff in the year, who were all trustees was 5 (2021: 5).
No trustees received any wages, salaries or payments for expenses in the year to 31 March 2022 (2021: £nil).
5 TANGIBLE FIXED ASSETS
| COST At 1st April 2021 Addition Disposals At 31st March 2022 DEPRECIATION At 1st April 2021 and 31st March 2022 NET BOOK VALUE At 31st March 2022 At 31st March 2021 Property: 82 and 84 Spital Hill 347 Glossop Road 80 & 86 Spital Hill 77 Rock Street 79 Rock Street 6 Andover Street 6 CASH AT BANK AND IN HAND ACT Lloyds Accounts ACT Co-op Accounts ACT Triodos Account ACT Nationwider Building Society ACT Triodos Fixed Term Ashram Centre, Sheffield - Current Ashram Centre, Sheffield - Deposit Ashram Press Account Burngreave Ashram - Current Burngreave Ashram - Deposit Rock Street - Current Rock Street - Deposit Andover Street |
Land & Buildings 373,596 - (35,000) 338,596 - 338,596 373,596 2022 £ 80,536 - 76,671 20,000 84,397 76,992 338,596 2022 £ 19,276 21,738 389 100,107 100,000 - - 1,775 11,350 31,357 3,541 - 4,356 293,889 |
Total 373,596 - (35,000) 338,596 - 338,596 373,596 2021 £ 80,536 35,000 76,671 20,000 84,397 76,992 373,596 2021 £ 14,562 4,356 389 1,594 264 2,046 5,022 4,606 1,670 - 3,180 37,689 |
|---|---|---|
(Company number: 4779914) (Charity number: 1099164)
13
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31ST MARCH 2022 (Continued)
| 7 DEBTORS Prepayments and accrued income 8 CURRENT LIABILITIES Amounts falling due within one year Accruals 9 RESTRICTED FUNDS - 2022 Community Funds Days Income Community Projects Fund Wider Service Fund Burngreave Multifaith Interfaith |
Balance 1st April 2021 £ 10 836 1,064 400 2,169 4,479 £ |
2022 £ 70 70 £ 2022 £ 840 840 £ Movement in Resources Incoming Outgoing £ £ 792 242 503 - 327 - 500 300 - 2,169 2,122 £ 2,711 £ |
2021 £ - - £ 2021 £ 840 840 £ Balance 31st March 2022 £ 560 1,339 1,391 600 - 3,890 £ |
|---|---|---|---|
Days Income - Members contribute annually a Day's income towards a project, normally overseas, as decided by the Community Meeting, where an amount of up to £1,000 would make a difference.
Community Projects Fund - Funded through membership giving, donations are given to local community projects or initiatives that members are involved with, as agreed by the Community Meeting.
Wider Service Fund - The members who contribute to this fund decide on the recipients. It supports people, inside and outside of the Community, who are in situations that are in need of financial help.
Burngreave Multifaith - Money generated by the Burngreave Multi-faith project is used for local Sheffield
Interfaith - Members can apply to this fund to support Interfaith projects with which they are involved.
(Company number: 4779914) (Charity number: 1099164)
14
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31ST MARCH 2022 (Continued)
9(a) RESTRICTED FUNDS - 2021
| Days Income Community Projects Fund Wider Service Fund Burngreave Multifaith Interfaith 10 NET ASSETS BETWEEN FUNDS - Tangible fixed assets Net current assets 10(a) NET ASSETS BETWEEN FUNDS - Tangible fixed assets Net current assets |
Balance 1st April 2020 £ 579 199 847 700 2,170 4,495 £ 2022 2021 |
Movement in Resources Incoming Outgoing £ £ 1,364 1,933 637 - 216 - - 300 - - 2,217 £ 2,233 £ Unrestricted Restricted Funds Funds £ £ 338,596 - 289,229 3,890 627,825 3,890 Unrestricted Restricted Funds Funds £ £ 373,596 - 32,370 4,479 405,966 4,479 |
Balance 31st March 2021 £ 10 836 1,063 400 2,170 4,479 £ Total £ 338,596 293,119 631,715 Total £ 373,596 36,849 410,445 |
|---|---|---|---|
There were no disclosable related party transactions during the year (2021: none).
11 RELATED PARTY TRANSACTIONS
(Company number: 4779914) (Charity number: 1099164)
15
ASHRAM COMMUNITY TRUST
(a charitable company limited by guarantee and not having a share capital)
DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31ST MARCH 2022
| INCOMING RESOURCES Rents & room hire received Donations & grants Members & Associates Investment income Gift aid Ashram Press Week-ends Wider Service Fund Community Projects Fund Days income Activities Sundry income Funds transfer between branches Funds transfer from current accounts Funds transfer from deposit accounts TOTAL INCOMING RESOURCES CHARITABLE ACTIVITIES Week-ends Wider Service Fund Community Projects Fund Days income Premises alterations & equipment Publications, publicity & printing Rent Rates & water rates Utilities Insurance Telephone Interfaith Activities Sundry expenses Sundry expenses (Property sale) Funds transfer between branches Funds transfer to current accounts Funds transfer to deposit account GOVERNANCE COSTS Independent examiners fee OTHER RESOURCES EXPENDED Administration Printing, postage & stationery TOTAL EXPENDITURE EXCESS OF INCOME OVER EXPENDITURE FOR THE YEAR Brought forward 1 April 2021 Movement in prepayments Movement in accruals Balance at 31 March 2022 |
COMMUNI Ashram Community Trust Unrestricted £ - 2,750 3,437 114 - - 2,329 - - - - 272,000 280,630 5,398 567,301 201,000 1,054,329 3,090 - - - - 147 - - - 1,344 - - 144 764 5,949 11,438 51,750 367,301 400,000 830,489 540 23 216 239 831,268 223,061 15,228 (70) - 238,219 |
TY FUNDS Ashram Community Trust Restricted £ - - - - - - - 327 503 792 - - 1,622 - 2,169 - 3,791 - - - 242 - - - - - - - 2,169 - - - 2,411 - 2,169.00 - 4,580 - - - - 4,580 (789) 4,079 - - 3,290 |
Ashram Centre Sheffield £ - - - - - - - - - - - 414 414 4,000 - 264 4,678 - - - - 175 - - 1,197 - 1,227 - - - - - 2,599 3,598.00 264 - 6,461 75 - - - 6,536 (1,858) 1,858 - - - |
Rock Street Sheffield £ 2,516 500 - - - - - - - - - - 3,016 6,750 - 9,766 - - - - 579 - - 3,416 1,115 909 - - - - - 6,019 - 1,800 - 7,819 75 - - - 7,894 1,872 1,670 - - 3,542 HOU |
Andover Street Sheffield £ 5,415 - - - - - - - - - - - 5,415 - - - 5,415 - - - - 2,019 - - 1,364 - 376 - - - 480 - 4,239 - - - 4,239 - - - - 4,239 1,176 3,180 - - 4,356 SES |
Burngreave Ashram Sheffield £ 22,670 - - 2 - - - - - - - - 22,672 - 70,000 3,250 95,922 - - - - 5,724 - - 6,404 14,906 2,525 - - 159 - - 29,718 - 3,250 30,000 62,968 75 - - - 63,043 32,879 9,228 - - 42,107 |
Burngreave Multifaith Restricted £ - 500 - - - - - - - - - - 500 - - - 500 - - - - - - 300 - - - - - - - - 300 - - - 300 - - - - 300 200 400 - - 600 PRO |
Ashram Press £ - - - - - 63 - - - - - - 63 - - - 63 - - - - - 95 - - - - - - - 164 - 259 - - - 259 75 - - - 334 (271) 2,046 - - 1,775 JECTS |
2022 Total £ 30,601 3,750 3,437 116 - 63 2,329 327 503 792 - 272,414 314,332 9,398 646,220 204,514 1,174,464 3,090 - - 242 8,497 242 300 12,381 16,021 6,381 - 2,169 303 1,408 5,949 56,983 55,348 374,784 430,000 917,115 840 - - 23 216 239 918,194 256,270 37,689 (70) - 293,889 |
|---|---|---|---|---|---|---|---|---|---|