OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Note Unrestricted Restricted Total Total
Funds Funds 2023 2022
f f f f
Income
Donations
and Grants		 467,382 1,366,326 1,833,708 1,914,070
Charitable
Activities		 542,698 112,749 655,447 406,604
Trading Activities 159,837 159,837 536,025
Other Income 22,845 22,845 10,281
Total Income 1,192,762 1,479,075 2,671,837 2,866,980
Expenditure
Raising Funds 96,793 96,793 152,154
Charitable
Activities		 722,521 1,817,925 2,540,446 2,057,689
Trading Activities 159,470 159,470 561,652
Total Expenditure 978,784 1,817,925 2,796,709 2,771,495
Net income/(expenditure) 213,978 (338,850) (124,872) 95,485
before transfers
Transfers between
funds		 20 (62,173) 62,173
Net Surplus Before Taxation 151,805 (276,677) (124,872) 95,485
Taxation 3,286 3,286 (1,698)
Net Surplus After Taxation 155,091 (276,677) (121,586) 93,787
Funds Brought Forward 409,234 543,717 952,951 859,164
Funds Carried Forward 20 564,325 267,040 831,365 952,951

2023 2023 2022 2022
Note f f f f
Fixed Assets
Tangible Assets 12 17,751 65,854
Current Assets
Debtors 14 168,544 167,213
Cash at bank and in hand 817,188 990,922
985,732 1,158,135
Current
Liabilities
Creditors falling due within one year 15 (172,118) (218,405)
Net Current Assets 813,614 939,730
Total Assets Less Current Liabilities 831,365 1,005,584
Creditors falling due after more than one year 16 (52,633)
Total Net Assets 831,365 952,951
Funds:
Restricted
Funds		 20 267,040 543,717
Unrestricted
Funds		 20 564,325 409,234
Total Funds 831,365 952,951

2023 2023 2022 2022
Notes E f E f
Fixed Assets
Tangible Assets 12 17,751 65,854
Investments 13 2 2
Current Assets
Debtors 14 168,544 119,550
Cash at bank and in hand 817,188 957,515
985,732 1,077,065
Current
Liabilities
Creditors
falling due within		 one year 15 (172,120) (127,554)
Net Current Assets 813,612 949,511
Total Assets Less Current Liabilities 831,365 1,015,367
Creditors falling due after more than one year 16 (52,633)
Total Net Assets 831,365 962,734
Funds:
Restricted
Funds		 20 267,040 543,717
Unrestricted
Funds		 20 564,325 419,017
Total Funds 831,365 962,734

2023 2022
Note f
Cash flows from operating activities
Cash (absorbed) / generated
by operations		 17 (128,231) 244,802
Cash flows from investing activities
Purchase oftangible
fixed		 assets 12 (14,548) (2,100)
Proceeds from sale oftangible
fixed		 assets 1,489 5,502
Interest income 9,104 56
Net cash used in investing activities (3,955) 3,458
Cash flows from financing activities
(Repayment)/increase
ofborrowing		 (41,548) 509
Net cash used in financing activities (41,548) 509
Change
in cash and cash equivalents		 in the year (173,734) 248,769
Cash and cash equivalents at the beginning ofthe year 990,922 742,153
Cash and cash equivalents at the end ofthe year 817,188 990,922

Basis ofallocation
Finance and Human Resources Staff hours and headcount
Governance Income and expenditure
Premises Floor or desk space and staff hours
Strategy and management Income and expenditure
Technology and office support Headcount

e from Donations
and Gran		 ts
2023 2023 2023 2022
Unrestricted Restricted Total Total
Donations 381,893 600 382,493 259,105
Grants for core activities 85,489 1,365,726 1,451,215 1,654,383
Grants for trading 582
Total 467,382 1,366,326 1,833,708 1,914,070

2023 2023 2023 2022
Unrestricted Restricted Total Total
Community Transport 15,585 15,585 36,514
Housing 518,824 12,253 531,077 360,657
Education 5 Training 80,200 80,200
Other 8,289 20,296 28,585 9,433
Total 542,698 112,749 655,447 406,604

2023 2022
Gardening and Property Maintenance 7,398 365,085
Recruitment Agency Activity 111,057 135,612
Other Trading Activities 41,382 35,328
159,837 536,025

Income Received
2023 2022
Interest
in'come		 9,104 56
Proceeds from the sale ofassets 1,489 5,502
Sundry income 12,252 4,723
Total 22,845 10,281

f Raising Funds
2023 2022
Fundraising Events 5,106
Fundraising Costs 51,972 73,848
Allocated Support Costs 44,821 73,200
96,793 152,154

2023 2023 2023 2023 2023 2023 2022
Staff Costs Depreciation Activities Activity Support Total* Total
undertaken through Costs
directly partners (note 8)
f f f f f f
Community Transport 25,125 909 9,914 10,023 45,971 73,320
Education and Training 470,937 105,123 88,664 177,599 842,323 674,013
Housing Provision 278,406 56,377 340,243 88,285 763,312 564,385
Housing Support 431,006 1,599 186,344 146,698 765,647 486,947
Other 86,624 17,177 19,393 123,194 259,024
Total 1,292,098 58,885 658,801 88,664 441,998 2,540,446 2,057,689
*2023 Total by individual amount and overall total is different
byr1 due to rounding
come/
(expenditure)
for the period
is after char		 ging:
2023 2022
Depreciation 60,822 79,123
Operating
Lease Expenses		 105,762 29,907
Fees Payable to Auditor for:
Audit 8,413 7,470
Other Services 1,375 1,400

Community Education Housing Housing Other Total
Transport and Provision Support Charitable
Training' Activity
f f f f
Finance and Human Resources 3,345 58,282 7,817 48,766 118,210
Governance 168 4,079 3,438 3,460 11,145
Premises 2,117 22,725 3,035 24,587 17,616 70,080
Strategy and management 2,986 72,632 61,224 61,623 198,465
Technology and office support 1,407 21,658 2,971 18,062 44,098
*Education and Training by individual amount 10,023
and overall totalis		 179,377
different
by E1due		 78,485
to roundrng		 156,498 17,616 441,998

2023 2022
Administrative support 15,665
Auditors' remuneration 8,413 7,470
Tax advice and fees 1,375 1,400
Lega Ifees
Other 26 26
25,479 8,896

ff costs during the pe riod were:
2023 2022
Wages and Salaries 1,531,050 1,773,873
Social Security Costs 145,847 155,961
Defined Contribution Pension Costs 62,292 36,441
1,739,189 1,966,275
Headcount Headcount FTE FTE
2023 2022 2023 2022
Charitable Activities 54 60 47.5 52.6
Trading Activities 13 4.2 11.9
59 73 51.7 64.5

. Tangible Fixed Assets
Group and Charity
Housing
Properties		 Plant &
Machinery		 Office
Equipment		 Recycling
Bins		 IT
Equipment		 Motor
Vehicles		 Total
Cost f E E E
At 31March 2022 118,906 6,783 3,834 26,350 1,134 30,772 187,779
Additions 5,046 9,502 14,548
Disposa Is (6,783) (24,025) (9,995) (40,803)
At 31March 2023 123,952 - 13,336 2,325 1,134 20,777 161,524
Depreciation
At 31March 2022 67,946 6,572 2,684 26,350 486 17,887 121,925
Charges
in period		 52,617 1,559 378 6,268 60,822
Eliminated
on disposal		 (6,572) (24,025) (8,377) (38,974)
At 31March 2023 120,563 4,243 2,325 864 15,778 143,773
Net Book Value
At 31March 2022 50,960 211 1,150 648 12,885 65,854
At 31March 2023 3,389 - 9,093 270 4,999 17,751

Group Group Charity Charity
2023 2022 2023 2022
f f f f
Trade Debtors 30,825 145,704 30,825 78,350
Amounts owed by Group Undertakings 20,051
Prepayments 21,160 9,591 21,160 9,591
Accrued Income 90,049 5,758 90,049 5,758
Other Debtors 26,510 6,160 26,510 5,800
168,544 167,213 168,544 119,550

. Creditor s falling due within one year
Group Group Charity Charity
2023 2022 2023 2022
f f E E
Trade Creditors 59,706 25,808 59,706 23,779
Amounts owed to Group Undertakings 2
Taxation and Social Security 43,151 72,517 43,151 72,517
Accruals 39,611 19,289 39,611 15,014
Deferred Income 84,547
Social Investment Loan 11,085 11,085
Other Creditors 18,565 16,244 18,565 16,244
172,118 218,405 172,120 127,554

Credit ors falling due after more than one year
2023 2022
Social Investment Loan 52,633
17. Reconciliatio n
ofn		 et inc ome / (expenditure) to cash flow fr om operatin g
activities
2023 2022
f
(Deficit) / Surplus for the year (121,586) 93,787
Adjustments for:
Depreciation oftangible fixed assets 60,822 79,123
Interest income (9,104) (56)
Loss on disposal of fixed assets 340 329
(Increase) / Decrease
in		 debtors (1,328) 52,486
Increase / (Decrease) in creditors (57,375) 19,133
(128,231) 244,802
18. Analysis ofchanges in net debt
At start of Cash Reclass- At end of
year flows ification year
f
Cash 990,922 (173,734) 817,188
Loans falling due within one year (11,085) (11,085)
Loans falling due after more than one year (52,633) 41,548 11,085
938,289 (132,186) 806,103

group had minimum
lease payments
under non-cancella		 ble
operating
leases as set		 out below:
2023 2022
Not later than 1year 141,582 48,555
Later than 1year and not later than 5years 119,937
Later than 5years
261,519 48,555

. Funds
a) Restricted
Funds
Brought Carried
Forward 1 Forward 31
April 2022 Income Expenditure Transfers March 2023
f
Restricted
Fixed Asset		 Reserve 42,029 (42,573) 2,501 1,957
Building Better Opportunities 1 155,228 (175,136) (19,907)
Community
Transport		 8,000 (8,000)
Digital Libra ry 78,036 54,940 (110,587) 22,389
Employment,
Training		 and Education (429) 77,623 (74,703) 2,491
Enterprise
Development		 Programme 22,857 5,900 (30,684) 1,927
Environmental
Impact		 &
Sustainability 9,900 (21,772) 11,872
Homelessness
Prevention		 91,551 79,347 (133,088) 37,810
Housing
First (Alliance)		 49,282 193,850 (182,321) 60,811
Housing
First (Cotswolds)		 13,576 24,250 (40,293) 2,467
Housing
Innovation		 94,820 63,987 (129,808) 5,000 33,999
Housing Schemes 2,192 125,253 (113,847) 13,598
LandSec 79 15,000 (15,079)
Lived Experience
Advisory		 Forum 13,234 2,533 (11,231) 4,536
No Limits 62,668 (42,769) 19,899
Our House (362) 60,000 (73,579) 3,941 (10,000)
Personalisation
Support		 8,488 69,778 (71,021) 7,245
Refugee Projects 6,512 34,010 (22,143) 18,379
Social Prescribing 35,599 26,050 (54,141) 7,508
Strategic Developments 1,000 1,000
Team Oxford 16,728 44,191 (72,881) 11,962
The Old Court House (Witney) 42,289 90,065 (105,038) 27,316
Through
the Gate		 6,667 167,802 (160,308) 16,481 30,642
Turning
Point		 5,341 80,200 (82,118) 3,423
Weekly Women's
Hub		 1,720 7,500 (10,815) 1,595
Young People's Supported
Accommodation 13,507 20,000 (33,990) 4,427 3,944
543,717 1,479,075 (1,817,925) 62,173 267,040

b) Unrestricted Funds Funds Brought Carried
Forward 1 Forward 31
April 2022 Income Expenditure Transfers March 2023*
E
General Reserve 384,927 1,043,008 (811,120) (74,220) 542,595
Fixed Asset Reserve 28,027 (152) (24,069) 12,047 15,853
Aspire Oxfordshire Community
Enterprise
Ltd		 412,954 1,042,856 (835,189) (62,173) 558,448
Aspire Enterprise Services Limited (3,720) 149,906 (140,309) 5,877
409,234 1,192,762 (975,498) (63,173) 564,325

)Purpose of principal of principal restric ted
funds
Restricted Fixed Asset A capital expenditure
fund to support the ongoing
Reserve depreciation
costs where restricted
funds are invested
in
tangible
fixed assets. The restricted
fund is charged
with		 the
initial capital outlay via transfer to this fund.
The
depreciation
is charged to this fund over the relevant
period,
for example, the remaining
term of a property
lease.
Building Better Aspire was awarded
multi-year
funds from the Big Lottery
Opportunities and European
Social Fund, to support young people
in
Oxfordshire
aged 17-25 who have been Not in Education,
Employment
or Training
(NEET) for 6 months or more, to
move towards and into employment.
Digital Library Aspire's,
in partnership
with SOFEA, digital devices library,
including
the refurbishment
and onward
distribution
ofsurplus
digital devices to people
in need
in Oxfordshire.
Employment, Training and Aspire supports
adults
in Oxford city's homeless
pathway,		 or
Education (ETE) adults who are vulnerable
to homelessness,
to access
employment,
training
and education
(ETE)opportunities
including
work experience
with Aspire and external employers.
Enterprise Development Aspire's self-employment
and enterprise
development
Programme programme.
Environmental Environmental Impact & Aspire is working
in partnership
with Bioregional to offer an
Sustainability inclusive
programme
in environmental
sustainability
training to
support the Voluntary
and Community
Sector in Oxfordshire,
including to appoint community-based
Champions.
Homelessness Prevention Aspire has appointed
Community
Navigators
to provide
homelessness
prevention
advice and assistance to adults
in
Oxfordshire
in precarious
housing.
Housing First (Alliance) Aspire works within the Oxfordshire
Homelessness
Alliance to
support
Housing
First clients who are provided
with housing
opportunity
by Soha Housing
in South Oxfordshire,
Cottsway
Housing
in West Oxfordshire
and a variety of housing
providers
in Cherwell
District Council.
Housing First (Cotswolds) Aspire supports
Housing
First clients who are provided
with
housing opportunity
by Bromford
Housing
in the Cotswold
District Council area, with additional
funds provided
by the
National
Benevolent
Charity.
Housing Innovation Aspire has developed
and is enhancing
innovations
to provide
emergency
housing
and homelessness
prevention
responses,
including
piloting
a lettings service known as "HOME" (housing
occupation
made easy).
Housing Schemes Aspire supports
adults experiencing
homelessness
to access
housing-led
accommodation
in central Oxford, including
a
project for women
only and winter pressures
response.
LandSec Aspire received
a grant award to support
its social recruitment
activity,
including
for Westgate Centre employers.
No Limits Aspire,
in partnership
with SOFEA Didcot, engages clients
in the
community
and through
education,
training
and employment
development,
supports
them towards
and into sustained,
paid
employment,
including
through
the provision of digital devices
with Aspire's
digital
library hub role in Getting Oxfordshire
Online.
Our House Aspire has been appointed
as the support
delivery partner
by
West Oxfordshire
District Council, to support
young adults
experiencing
homelessness
into, and to sustain, their housing		 in
Cottsway
Housing properties.
Personalisation Support Aspire engages funders,
including
Greater Change crowd-
funding
platform
and Make It Happen, to raise emergency
funds to help meet clients' homelessness
prevention
needs,
such as clearing housing arrears.
Refugee Projects Aspire has developed
and delivered
work-based
English to
Speakers of Foreign Languages
(ESOL) courses
in construction
skills, self-employment
and customer services and expanded
this offering to include
Ukrainian
and other refugees.
Socia I Prescribing Aspire organises group
physical
activity and provides access to
sports qualifications
and training, to promote social inclusion
and to improve clients' wellbeing
with Active Reach,
Oxfordshire
Community
Foundation
and Blenheim
Palace
Heritage Foundation.
Strategic Developments To support
Aspire with the implementation
of its current
strategic programme,
including
the promotion
ofa Trauma-
Informed
("TIC")and Psychologically
Informed
Environment
("PIE").
Team Oxford A multi-partner
project for which Aspire
is the lead
organisation,
to realise greater employee
volunteering
and
social action outcomes for the voluntary
sector in Oxford City.
The Old Court House Aspire is commissioned
by West Oxfordshire
District Council to
(Witney) mobilise and operate
a 15-person supported
'move-on'
housing
project in Witney.
Through the Gate Aspire engages with offenders
in custody
in the local prisons,
as well as ex-offenders
in the community,
working
alongside
the Thames Valley Probation
Services. This includes
supporting
participants
to join Aspire's trainee programme
and to be supported
into external employment,
training,
education or volunteering
and to help meet their housing
need.
Turning Point Aspire delivers the 'Get Connected'
contract
in Turning
Point's
drug and alcohol recovery service for Oxfordshire.
We support
Turning
Point clients across their four recovery hubs in
Oxfordshire
with social inclusion
and employment
coaching
interventions,
to help overcome their addiction
including
by
starting
work experience,
education,
volunteering
or
employment.
Weekly Women's Hub Aspire delivered
a weekly women's
drop-in
hub service, in
partnership
with The Gatehouse
and funded
by Oxford City
Council.
Operated
from community
venues,
it provided
a safe,
inclusive space for women to benefit from access to peer
support,
professional
advice and guidance
and to hear about
useful gender informed
service offers.

Transfers To/(From)
Fund Classes		 Unrestricted Restricted
Funds Funds
f f
Closing deficit Enterprise
Development		 Programme (1,927) 1,927
Closing deficit Environmental
Impact		 8c Sustainability (11,872) 11,872
Closing deficit Housing
First (Cotswolds)		 (2,467) 2,467
Closing deficit Our House (3,941) 3,941
Closing deficit Team Oxford (11,962) 11,962
Closing deficit Through the Gate (7,967) 7,967
Closing deficit Weekly Women's
Hub		 (1,595) 1,595
Closing deficit Young People's Supported Accommodation (4,427) 4,427
Maintain
Through
the Gate project between		 funding (8,514) 8,514
Matched
funding for Housing
Innovation		 (7,501) 7,501
Net Transfers (62,173) 62,173

Unrestricted Restricted
Funds Funds Total Funds
f f f
Tangible Fixed Assets 15,794 1,957 17,751
Current Assets 688,588 297,144 985,732
Current Liabilities (140,057) (32,061) (172,118)
Non-Current
Liabilities
Total Net Assets 564,325 267,040 831,365

Trading Adjusted on Total Total
Charity Company Consolidation
2023 2023 2023 2023 2022
f f f f f
Income 2,521,988 166,394 (16,545) 2,671,837 2,866,980
Expenditure (2,653,352) (159,902) 16,545 (2,796,709) (2,771,495)
Net Surplus Before Taxation (131,364) 6,492 (124,872) 95,485
Taxation 3,286 3,286 (1,698)
Net Surplus After Taxation (131,364) 9,778 (121,586) 93,787
Capital and Reserves
Brought Forward 962,729 (9,778) 952,951 859,164
Gift Aid Distribution
Carried Forward 831,365 831,365 952,951

Page
Reference and Administrative
Details
Trustees'
Annual
Report (including		 Directors' Report)
Statement ofTrustees'
Responsibilities		 14
Independent
Auditor's
Report		 15
Consolidated
Statement ofFinancial		 Activities 20
Consolidated
Balance Sheet		 21
Charitable
Company
Balance Sheet		 22
Consolidated
Statement ofCash Flows		 23
Notes to the Consolidated
Financial		 Statements 24
Aspire Oxfordshire
Community
Enterprise		 Aspire Oxfordshire
Community
Enterprise		 Aspire Oxfordshire
Community
Enterprise		 Aspire Oxfordshire
Community
Enterprise		 Ltd
Reference and Administrative Details
ofthe charity, its trustees and advisers
Charity Name: Aspire Oxfordshire
Community		 Enterprise Ltd
Charity Registration Number: 1117726
Company Registration Number: 04270053
Registered office address: StThomas's
School
Osney Lane
Oxford
OX1 1NJ
Trustees and Directors: Dr Carol E.Sweetenham —Chair
Dr Sophie C. Barnett (appointed 19August 2022)
Dr Michael E.Blowfield
Mr Charles R.Dick-Vice-Chair
Mr Gareth M. Nixon (resigned 9August 2023)
Mrs Lesley M. Pollock (resigned 25 January 2023)
Mrs Emma
L. Radley (resigned		 2 November 2022)
Mr Hugh F.Richardson
Mrs Rose J.Rolle-Rowan
Mr William
H. Powlett		 Smith
Ms Laura M. Brown (appointed 5 February 2023)
Ms Catherine
W. Rowe		 (appointed 2 February 2023)
Mr Christopher
R. Blackburn		 (appointed 2 February 2023)
Mr Paul A.V.Staines
Chief Executive Officer: Mr Paul M. Roberts
Independent Auditor: Critchleys Audit
LLP
Beaver House
23-38 Hythe Bridge Street
Oxford
OX12EP
Bankers: National
Westminster		 Bank Plc
43 Cornmarket
Street
Oxford
OX13HA