Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Company registration number: 05045034 Charity registration number: 1103725
Adults Supporting Adults (ASA Shared Lives)
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Forrester Boyd Robson Limited Waynflete House 139 Eastgate Louth Lincolnshire LN11 9QQ
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Strategic Report | 4 |
| Independent Auditors' Report | 5 to 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Statement of Cash Flows | 10 |
| Notes to the Financial Statements | 11 to 18 |
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
| Adults Supporting Adults (ASA Shared Lives) | Adults Supporting Adults (ASA Shared Lives) |
|---|---|
| Reference and Administrative Details | |
| Trustees | H J Sanders |
| N J L Horner | |
| N Armstrong | |
| E Wheelwright | |
| K Phillips | |
| O Armstrong | |
| Charity Registration Number | 1103725 |
| Company Registration Number | 05045034 |
| Registered Office | 18 Northgate |
| Sleaford | |
| Lincolnshire | |
| NG34 7BJ | |
| Auditor | Forrester Boyd Robson Limited |
| Waynflete House | |
| 139 Eastgate | |
| Louth | |
| Lincolnshire | |
| LN11 9QQ | |
| Bankers | Handelsbanken |
| Lincoln | |
| 1st Floor | |
| 5 Henley Way | |
| Doddington Road | |
| Lincoln | |
| LN6 3QR |
Page 1
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2025.
Objectives and activities
Objects and aims
The objectives of the Company are to support the needs of adults in Lincolnshire and other counties who are vulnerable as a result of disability, mental health difficulties or age, and to provide for them as appropriate to achieve an independent and socially inclusive lifestyle as possible.
At present, ASA achieves its aims and objectives by providing the following services, which are provided to individual people based on a person centred plan which keeps the focus on positive outcomes for the client:
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Day time provision
-
Sit2Gether
-
Shop2Gether voluntary services
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Brokerage services (a resource supporting the administration of personal budgets in partnership with Penderels Trust on behalf of Lincolnshire County Council, managed funds do not form part of these accounts)
ASA's primary contract is with Lincolnshire County Council together with supporting clients in receipts of personal budgets and direct payments.
The further growth of Day Time Provision is likely to be the main focus of expected developments during the forthcoming year.
Public benefit
To benefit the public by providing information of the needs of vulnerable adults
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structure, governance and management
Nature of governing document
The organisation is a charitable company limited by guarantee, incorporated on 16 February 2004 and registered as a charity on 12 May 2004. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.
Induction and training of trustees
Potential trustees are already familiar with the practical work of the charity having met with both the Chief Executive and Chair and attended a Trustees meeting as a guest.
Additionally, potential trustees are invited to attend operational visits / staff shadowing and receive the following documents and information:
-
Induction pack including a history of the organisation and summary of services and structure
-
Board member profiles
-
Strategy documents and business plan
-
Governance handbook
-
List of policies and procedures
Existing trustees meet staff regularly and attend a minimum of one training away day per year.
Arrangements for setting key management personnel remuneration
All personal remuneration is discussed by the HR committee and a decision regarding any remuneration proposals are put to the board for authorisation.
Page 2
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Trustees' Report
Organisational structure
1) Non-executive Board of Directors 2) Managing Director 3) Operations Manager
The Operations Manager is in charge of the Area Supervisors who manage geographical areas of Lincolnshire.
Funds held as custodian trustee on behalf of others
Adults Supporting Adults manage Lincolnshire County Council funds which are not part of these accounts.
Statement of trustees' responsibilities
The trustees (who are also the directors of Adults Supporting Adults (ASA Shared Lives) for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 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 charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Disclosure of information to auditor
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 29 September 2025 and signed on its behalf by:
Signed by: [bil ......................................... 756FCA77160C4C7...Phillips K Phillips Trustee
Page 3
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Strategic Report for the Year Ended 31 March 2025
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 March 2025, in compliance with s414C of the Companies Act 2006.
Financial review
Policy on reserves
It is the policy of ASA that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The directors consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue ASA's current activities whilst consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year
Principal funding sources
ASA's principal funding sources are direct payments funded by Lincolnshire County Council, Lincolnshire Partnership Foundation NHS Trust and NHS together with funds received direct from clients.
Investment policy and objectives
ASA directors and senior management team will exercise a general duty of care when carrying out investment activities.They will consider the suitability for their charity of any investment. They will consider the need for diversification to reduce the risk of losses resulting from concentrating on particular investment, or type of investment.
Investments will be reviewed at least on an annual basis, or at such time that an investment term is complete, if sooner.
To reduce risks the directors and senior management team will consider the following when investing surplus funds:
- to invest in markets where financial services are closely regulated, and compensation schemes are in place - to have suitably diversified investment portfolio; and - to be particularly wary of making speculative forms of investment.
The strategic report was approved by the trustees of the charity on 29 September 2025 and signed on its behalf by:
Signed by: [bil ......................................... 756FCA77160C4C7...Phillips K Phillips Trustee
Page 4
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Independent Auditor's Report to the Members of Adults Supporting Adults (ASA Shared Lives)
Opinion
We have audited the financial statements of Adults Supporting Adults (ASA Shared Lives) (the 'charity') for the year ended 31 March 2025, which comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Page 5
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Independent Auditor's Report to the Members of Adults Supporting Adults (ASA Shared Lives)
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the Strategic Report and Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
-
the Strategic Report and Trustees' Report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Trustees' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
-
adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
-
certain disclosures of trustees remuneration specified by law are not made; or
-
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of trustees' responsibilities (set out on page 3), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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Discussions with management, including consideration of known or suspected instances of non-compliance held.
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Challenging assumptions and judgements made within significant accounting estimates and judgements such as depreciation and payroll accruals.
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Testing of income, bank, purchases and payroll, systems and controls and providing conclusions on the regularity of samples chosen.
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Identification of key laws and regulations central to the operations and review of compliance with such laws and correspondence with solicitors to identify any on-going litigation.
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Testing of journal entries and potential override of systems.
Page 6
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Independent Auditor's Report to the Members of Adults Supporting Adults (ASA Shared Lives)
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statement or non-compliance with regulations. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment forgery, collusion, omission or misrepresentation.
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
...................................... 6F058BDA3524485... Adam Millson (Senior Statutory Auditor) For and on behalf of Forrester Boyd Robson Limited, Statutory Auditor
Waynflete House 139 Eastgate Louth Lincolnshire LN11 9QQ
6 October 2025
Page 7
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Charitable activities 3 Investment income 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 Income and Endowments from: Charitable activities Investment income Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 1,163,442 20,112 1,183,554 (1,133,954) (1,133,954) 49,600 49,600 371,195 420,795 Note 3 4 5 16 |
Total 2025 £ 1,163,442 20,112 1,183,554 (1,133,954) (1,133,954) 49,600 49,600 371,195 420,795 Unrestricted funds £ 991,862 7,654 999,516 (978,929) (978,929) 20,587 20,587 350,608 371,195 |
Total 2024 £ 991,862 7,654 |
|---|---|---|---|
| 999,516 | |||
| (978,929) | |||
| (978,929) | |||
| 20,587 | |||
| 20,587 350,608 |
|||
| 371,195 | |||
| Total 2024 £ 991,862 7,654 |
|||
| 999,516 | |||
| (978,929) | |||
| (978,929) | |||
| 20,587 | |||
| 20,587 350,608 |
|||
| 371,195 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 16.
The notes on pages 11 to 18 form an integral part of these financial statements. Page 8
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
(Registration number: 05045034) Balance Sheet as at 31 March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Intangible assets | 10 | 6,858 | 12,846 |
| Tangible assets | 11 | 2,775 | 3,778 |
| 9,633 | 16,624 | ||
| Current assets | |||
| Debtors | 12 | 250,646 | 185,486 |
| Cash at bank and in hand | 13 | 285,228 | 278,976 |
| 535,874 | 464,462 | ||
| Creditors: Amounts falling due within one year | 14 | (124,712) | (109,891) |
| Net current assets | 411,162 | 354,571 | |
| Net assets | 420,795 | 371,195 | |
| Funds of the charity: | |||
| Unrestricted income funds | |||
| Designated funds | 81,018 | 68,697 | |
| General Funds | 339,777 | 302,498 | |
| Total unrestricted funds | 420,795 | 371,195 | |
| Total funds | 16 | 420,795 | 371,195 |
The financial statements on pages 8 to 18 were approved by the trustees, and authorised for issue on 29 September 2025 and signed on their behalf by:
Signed by: [bil ......................................... 756FCA77160C4C7...Phillips K Phillips Trustee
The notes on pages 11 to 18 form an integral part of these financial statements. Page 9
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Statement of Cash Flows for the Year Ended 31 March 2025
| Note Cash flows from operating activities Net cash income Adjustments to cash flows from non-cash items Depreciation Amortisation Investment income 4 Working capital adjustments Increase in debtors 12 Increase in creditors 14 Net cash flows from operating activities Cash flows from investing activities Interest receivable and similar income 4 Purchase of intangible fixed assets 10 Purchase of tangible fixed assets 11 Net cash flows from investing activities Net increase in cash and cash equivalents Cash and cash equivalents at 1 April Cash and cash equivalents at 31 March |
2025 £ 49,600 2,802 5,988 (20,112) 38,278 (65,160) 14,821 (12,061) 20,112 - (1,799) 18,313 6,252 278,976 285,228 |
2024 £ 20,587 2,283 2,739 (7,654) |
|---|---|---|
| 17,955 (9,463) 14,946 |
||
| 23,438 | ||
| 7,654 (14,280) (1,741) |
||
| (8,367) | ||
| 15,071 263,905 |
||
| 278,976 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 11 to 18 form an integral part of these financial statements. Page 10
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 18 Northgate Sleaford Lincolnshire NG34 7BJ
These financial statements cover the individual entity, Adults Supporting Adults (ASA Shared Lives).
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Adults Supporting Adults (ASA Shared Lives) 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 notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.Trade debtors are recognised at the transaction price, less provision for impairment
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.Trade creditors are recognised at the transaction price
Page 11
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class
Computer software
Amortisation method and rate 33% straight line
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Office equipment 33% straight line Fixtures and fittings 20% straight line
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3 Income from charitable activities
| Direct payments/private provison Donations Other income Training and Consultancy Lincolnshire County Council Service Contract |
Unrestricted funds General £ 991,404 55 22,801 44,590 104,592 1,163,442 |
Total 2025 £ 991,404 55 22,801 44,590 104,592 1,163,442 |
Total 2024 £ 854,247 837 23,998 40,640 72,140 |
|---|---|---|---|
| 991,862 |
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Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
4 Investment income
| Interest receivable on bank deposits 5 Expenditure on charitable activities Note Staff costs 8 Allocated support costs Other staff costs Insurance Light and heat Telephone Postage and stationery Sundries Bad debts Rent Motor expenses Repairs and renewals Training and consultancy Trustees' indemnity insurance Computer expenses Subscriptions Bank charges Amortisation of intangible fixed assets Depreciation of tangible fixed assets Accountancy and legal fees |
Unrestricted funds General £ 20,112 Unrestricted funds Designated £ General £ 1,932 1,038,233 3,797 89,992 5,729 1,128,225 Unrestricted funds Designated £ General £ 1,120 3,098 - 5,101 - - - 18,231 - 3,486 - 1,707 - 16,876 - 3,381 - 1,294 - 1,551 2,677 84 - - - 10,544 - 100 - 2,217 - 2,079 - 6,711 - 13,532 3,797 89,992 |
Total 2025 £ 20,112 Total 2025 £ 1,040,165 93,789 1,133,954 Total 2025 £ 4,218 5,101 - 18,231 3,486 1,707 16,876 3,381 1,294 1,551 2,761 - 10,544 100 2,217 2,079 6,711 13,532 93,789 |
Total 2024 £ 7,654 |
|---|---|---|---|
| Total 2024 £ 906,459 72,470 |
|||
| 978,929 | |||
| Total 2024 £ 1,693 2,320 2,016 16,884 4,602 1,877 - 7,362 818 2,847 4,525 1,089 9,967 606 2,135 2,739 2,283 8,707 |
|||
| 72,470 |
Page 13
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
6 Net incoming/outgoing resources
Net incoming resources for the year include:
| Audit fees Depreciation of fixed assets Amortisation of intangible assets |
2025 £ 8,000 2,802 5,987 |
2024 £ - 2,283 2,739 |
|---|---|---|
7 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses from the charity during the year.
8 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2025 £ 977,535 38,405 24,225 1,040,165 |
2024 £ 855,825 30,375 20,259 |
|---|---|---|
| 906,459 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as the head count was as follows:
| Average number of employees | 2025 No 79 |
2024 No 76 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £131,918 (2024 - £104,052).
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Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
9 Taxation
The charity is a registered charity and is therefore exempt from taxation.
10 Intangible fixed assets
| Cost At 1 April 2024 At 31 March 2025 Amortisation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 11 Tangible fixed assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 |
Fixtures and fittings £ 3,905 - 3,905 3,638 102 3,740 165 267 |
Computer software £ 30,180 30,180 17,334 5,988 23,322 6,858 12,846 Office equipment £ 39,688 1,799 41,487 36,177 2,700 38,877 2,610 3,511 |
Total £ 30,180 |
|---|---|---|---|
| 30,180 | |||
| 17,334 5,988 |
|||
| 23,322 | |||
| 6,858 | |||
| 12,846 | |||
| Total £ 43,593 1,799 |
|||
| 45,392 | |||
| 39,815 2,802 |
|||
| 42,617 | |||
| 2,775 | |||
| 3,778 |
Page 15
Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
| 12 Debtors Trade debtors Prepayments Accrued income Other debtors 13 Cash and cash equivalents Cash on hand Cash at bank Short-term deposits 14 Creditors: amounts falling due within one year Trade creditors Other taxation and social security Other creditors Pension scheme creditor Accruals |
2025 £ 243,926 1,752 4,468 500 250,646 2025 £ - 122,994 162,234 285,228 2025 £ 8,265 9,669 1,414 3,332 102,032 124,712 |
2024 £ 179,573 2,413 - 3,500 |
|---|---|---|
| 185,486 | ||
| 2024 £ 69 218,109 60,798 |
||
| 278,976 | ||
| 2024 £ 2,403 19,574 (832) 4,875 83,871 |
||
| 109,891 |
15 Obligations under leases and hire purchase contracts
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| Land and buildings Within one year |
2025 £ 350 |
2024 £ 3,960 |
|---|---|---|
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Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
16 Funds
Unrestricted funds
| Unrestricted funds General General Funds Designated Redundancy Reserve Pension Reserve Expansion Reserve Bridge the Gap Reserve Total funds Unrestricted funds General General Funds Designated Redundancy Reserve Pension Reserve Expansion Reserve Total funds |
Balance at 1 April 2024 £ 302,498 27,877 35,678 5,142 - 68,697 371,195 Balance at 1 April 2023 £ 282,474 27,877 35,678 4,579 68,134 350,608 |
Incoming resources £ 1,183,554 - - - - - 1,183,554 Incoming resources £ 999,516 - - - - 999,516 |
Resources expended £ (1,128,225) - - (5,729) - (5,729) (1,133,954) Resources expended £ (966,851) - - (12,078) (12,078) (978,929) |
Transfers £ (18,050) - - 14,050 4,000 18,050 - Transfers £ (12,641) - - 12,641 12,641 - |
Balance at 31 March 2025 £ 339,777 27,877 35,678 13,463 4,000 |
|---|---|---|---|---|---|
| 81,018 | |||||
| 420,795 | |||||
| Balance at 31 March 2024 £ 302,498 27,877 35,678 5,142 |
|||||
| 68,697 | |||||
| 371,195 |
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Docusign Envelope ID: 7752A331-2B24-40EE-89B8-175E82A4A1F9
Adults Supporting Adults (ASA Shared Lives)
Notes to the Financial Statements for the Year Ended 31 March 2025
The specific purposes for which the funds are to be applied are as follows:
Unrestricted funds
Pension Reserve
This fund was set up in case there was a shortfall in the local government pension scheme.
Redundancy Reserve
The fund was established to cover redundancies in the event that the charity had a significant drop in funding.
Expansion Reserve
The fund covers future training, recruitment and advertising to help grow the charity.
Bridge the Gap Reserve
This is a new fund which has been set up to cover the additional cost of hours and mileage of Day Time Providers. The cost will be incurred if the clients regular worker is not available or theres a threat to the client's mental health therefore requiring further provision.
17 Analysis of net assets between funds
| 17 Analysis of net assets between funds | ||
|---|---|---|
| Intangible fixed assets Tangible fixed assets Current assets Current liabilities Total net assets Intangible fixed assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ Designated £ 6,858 - 2,775 - 454,856 81,018 (124,712) - 339,777 81,018 Unrestricted funds General £ Designated £ 12,846 - 3,778 - 395,765 68,697 (109,891) - 302,498 68,697 |
Total funds at 31 March 2025 £ 6,858 2,775 535,874 (124,712) |
| 420,795 | ||
| Total funds at 31 March 2024 £ 12,846 3,778 464,462 (109,891) |
||
| 371,195 |
18 Related party transactions
During the year the charity made the following related party transactions:
Duncan & Toplis
K Phillips is a Trustee of Adults Supporting Adults (ASA Shared Lives), Director of Duncan & Toplis Trustees Limited and Business Services Director at Duncan & Toplis. Payroll and secretary services amounted to £4,931 (2024: £3,801). At the balance sheet date the amount due to Duncan & Toplis was £817 (2024 - £776).
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