| pages | ||||
|---|---|---|---|---|
| Trustees' Annual Report |
2to5 | |||
| Independent Examiner's |
Report | |||
| Statement ofFinancial Activities | ||||
| Summary Income and Expenditure |
Account | |||
| Balance Sheet | ||||
| Statement ofCash flows | 10 | |||
| Notes tothe Accounts | 11to | 17 | ||
| Detailed Statement of Financial Activities | 18to | 19 |
| for the year | ended 31March | 2023 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Notes | f | f | ||||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 25,060 | 250 | 25,310 | 16,884 | |
| Investments | 85 | 85 | 2 | |||
| Other | 896 | 896 | ||||
| Total | 26,041 | 250 | 26,291 | 16,886 | ||
| Expenditure | on: | |||||
| Charitable | activities | 5,002 | 5,002 | 2,523 | ||
| Other | 16,420 | 250 | 16,670 | 15,901 | ||
| Total | 21,422 | 250 | 21,672 | 18,424 | ||
| Net gains on | investments | |||||
| Net income/(expenditure) | 4,619 | 4,619 | (1,538) | |||
| Transfers between funds |
||||||
| Net income/(expenditure) before other gains/(losses) |
4,619 | 4,619 | (1,538) | |||
| Other gains and losses | ||||||
| Net movement in funds |
4,619 | 4,619 | (1,538) | |||
| Reconciliation offunds: |
||||||
| Total funds brought forward | 12,795 | 12,795 | 14,333 | |||
| Total funds carried forward | 17,414 | 17,414 | 12,795 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Income | 26,206 | 16,884 | |||
| Interest and investment | income | 85 | |||
| Gross income for | the year | 26,291 | 16,886 | ||
| Expenditure | 21,672 | 18,424 | |||
| Total expenditure | for the | year | 21,672 | 18,424 | |
| Net income/(expenditure) | before tax | ||||
| for the year | 4,619 | (1,538) | |||
| Net income /(expenditure | )forthe year | 4,619 | (],,538) |
| at 31March 202 | 3 | 3 | 3 | |||
|---|---|---|---|---|---|---|
| Company No. |
06599043 | Notes | 2023 | 2022 | ||
| E | f | |||||
| Fixed assets | ||||||
| Tangible assets | ||||||
| Current assets | ||||||
| Stocks | 12 | 625 | 725 | |||
| Debtors | 13 | 140 | 720 | |||
| Cash at bank | and | in hand | 17,828 | 13,124 | ||
| 18,593 | 14,569 | |||||
| Creditors: Amount | falling due within one year | 14 | (1,179) | (1,774) | ||
| Net current assets | 17,414 | 12,795 | ||||
| Total assets less | current liabilities | 17,414 | 12,795 | |||
| Net assets excluding | pension asset or liability | 17,414 | 12,795 | |||
| Total net assets | 17,414 | 12,795 | ||||
| The funds ofthe | charity | |||||
| Restricted funds | 15 | |||||
| Unrestricted funds |
||||||
| General funds | 17,414 | 12,795 | ||||
| 17,414 | 12,795 | |||||
| Reserves | 15 | |||||
| Total funds | 17,414 | 12,795 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f | f | |||
| Cash flows from operating | activities | |||
| Net income/(expenditure) | per Statement | ofFinancial Activities | 4,619 | (1,538) |
| Adjustments for: |
||||
| Dividends, interest and |
rents from investments | (981) | (2) | |
| Decrease/(Increase) in stocks |
100 | (50) | ||
| Decrease in trade and other receivables | 580 | 267 | ||
| (Decrease)/Increase in trade and other |
payables | (595) | 161 | |
| Net cash provided by/(used |
in) operating | activities | 3,723 | (1,162) |
| Cash flows from investing | activities | |||
| Dividends, interest and |
rents from investments | 981 | ||
| Net cash from investing activities |
981 | |||
| Net cash from financing activities |
||||
| Net increase/(decrease) in |
cash and cash | equivalents | 4,704 | (1,160) |
| Cash and cash equivalents | at the beginning ofthe year |
13,124 | 14,284 | |
| Cash and cash equivalents | at the end ofthe year | 17,828 | 13,124 | |
| Components ofcash and cash equivalents |
||||
| Cash and bank balances | 17,828 | 13,124 | ||
| 17,828 | 13,124 |
| Republic o | f Ireland (FRS102)and the Companies Act 2006. |
f Ireland (FRS102)and the Companies Act 2006. |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Change in |
basis ofaccounting orto previous accounts | |||||||||
| There has | been no change to the accounting policies (valuation rules and method |
ofaccounting) | since | |||||||
| last year and no changes have been made to accounts for previous years. | ||||||||||
| Fund accounting | ||||||||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees | in furtherance | ofthe | |||||||
| general objects ofthe charity. | ||||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | ||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement ofinvestment assets at their market values. |
||||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor or | through | ||||||
| terms ofan appeal. | ||||||||||
| Income | ||||||||||
| Recognition of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | ||||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | |||||||
| the income can be measured with sufficient reliability. |
||||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | |||||||
| expenditure | reported gross in the SoFA. | |||||||||
| Donations | and | Voluntary income received by way of grants, donations |
and gifts is included | in | the | |||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||||
| entitlement to the income. |
||||||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFAat the |
same time as the | ||||||||
| donations | and gifts | gift/donation to which it relates. |
||||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||
| material. | ||||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in | the accounts. | ||||||
| investment | income | This is included in the accounts when receivable. |
||||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to |
market | value | |||||||
| revaluation | offixed | at the end ofthe year. | ||||||||
| assets | ||||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. |
|||||||||
| investment | assets |
| 3 Statement |
ofFinancial | Activities - prior year | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | |||
| 2022 | 2022 | |||
| Income and endowments | from: | |||
| Donations | and legacies | 16,884 | 16,884 | |
| Investments | 2 | 2 | ||
| Total | 16,886 | 16,886 | ||
| Expenditure on: |
||||
| Charitable | activities | 2,523 | 2,523 | |
| Other | 15,901 | 15,901 | ||
| Total | 18,424 | 18,424 | ||
| Net income | (1,538) | (1,538) | ||
| Net income before other gains/(losses) |
(1,538) | (1,538) | ||
| Other gains and losses: | ||||
| Net movement | in funds | (1,538) | (1,538) | |
| Reconciliation | offunds: | |||
| Total funds brought forward | 14,333 | 14,333 | ||
| Total funds carried forward | 12,795 | 12,795 |
| Income from donations and |
legacies | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| 2023 | 2022 | |||
| Donations | 13,510 | 13,510 | 6,603 | |
| Grants | 11,550 | 250 | 11,800 | 10,281 |
| 25,060 | 250 | 25,310 | 16,884 |
| 5 | Income from | investme | nts | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| Interest received | 85 | 85 | |||||
| 85 | |||||||
| 6 | Other income | ||||||
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| E | |||||||
| Other income | 896 | 896 | |||||
| 896 | 896 | ||||||
| 7 | Expenditure | on charitable activities | |||||
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| Governance costs |
|||||||
| Ascension Trust | |||||||
| Management | Fees | 3,972 | 3,972 | 2,573 | |||
| Footwear and | blankets | 787 | 787 | ||||
| Kit expenses | 243 | 243 | (50) | ||||
| 5,002 | 5,002 | 2,523 | |||||
| 8 | Other expenditure | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| 2023 | 2022 | ||||||
| Charitable donations |
807 | 807 | 650 | ||||
| Employee costs | 13,134 | 13,134 | 12,601 | ||||
| General administrative | costs | 966 | 250 | 1,216 | 1,137 | ||
| Legal and professional | costs | 1,513 | 1,513 | 1,513 | |||
| 16,420 | 250 | 16,670 | 15,901 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Number | Number | ||||||
| The nature ofthe reimbursed | expenses | There were no trustees' | expenses | paid for the year ended | |||
| 31March 2023. | |||||||
| 10 | Staff costs | ||||||
| 2023 | 2022 | ||||||
| Salaries and wages | 12,382 | 12,409 | |||||
| 12,382 | 12,409 | ||||||
| 11 | Tangible fixed assets | ||||||
| Plant and | Total | ||||||
| machinery | |||||||
| Cost or revaluation | |||||||
| At 1April 2022 | 815 | 815 | |||||
| At 31March 2023 | 815 | 815 | |||||
| Depreciation and |
|||||||
| impairment | |||||||
| At 1April 2022 | 815 | 815 | |||||
| At31March 2023 | 815 | 815 | |||||
| Net book values | |||||||
| At 31March 2023 | |||||||
| At 31March 2022 | |||||||
| 12 | Stocks | ||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Finished goods | 625 | 725 | |||||
| 625 | 725 | ||||||
| Carrying value analysed | by activities | 2023 | 2022 | ||||
| f | f | ||||||
| Footwear and blankets | 325 | 325 | |||||
| Uniform expenses | 300 | 400 | |||||
| 625 | 725 | ||||||
| 13 | Debtors | ||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Other debtors | 91 | 610 | |||||
| Prepayments and accrued income |
49 | 110 | |||||
| 140 | 720 |
| amounts | falling due within one year | falling due within one year | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| f | f | ||||||
| Other taxes | and social security | 148 | |||||
| Accruals | 1,179 | 1,626 | |||||
| 1,179 | 1,774 | ||||||
| 15 | Movement | in funds | |||||
| Incoming | |||||||
| resources | At 31 | ||||||
| (including | Resources | March | |||||
| other | expended | 2023 | |||||
| At 1April | gains/tosses | ||||||
| 2022 | ) | ||||||
| f | |||||||
| Restricted funds: | |||||||
| Restricted income funds: | |||||||
| The Social Change | 250 | (250) | |||||
| Total | 250 | (250) | |||||
| Unrestricted | funds: | ||||||
| General | funds | 12,795 | 26,041 | (21,422) | 17,414 | ||
| Total funds | 12,795 | 26,291 | (21,672) | 17,414 |
| 16 | Purposes and restrictions in relation to the fun Restricted funds: The Social Change Analysis ofnet assets between funds |
ds: | ||
|---|---|---|---|---|
| Unrestricted | ||||
| Total | ||||
| funds | ||||
| f | ||||
| Net current assets | 17,414 | 17,414 | ||
| 17,414 | 17,414 | |||
| 17 | Reconciliation ofnet debt | |||
| At 31 | ||||
| At 1April | March | |||
| 2022 | Cash flows | 2023 | ||
| f | f | |||
| Cash and cash equivalents | 13,124 | 4,704 | 17,828 | |
| 13,124 | 4,704 | 1'7,828 | ||
| Net debt | 13,124 | 4,704 | 17,828 |
| Unrestricted | Restricted | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||||
| 2023 | 2023 | 2023 | 2022 | |||||
| f | f | f | f | |||||
| Income and endowments | from: | |||||||
| Donations and legacies |
||||||||
| Donations | 13,510 | 13,510 | 6,603 | |||||
| Grants | 11,550 | 250 | 11,800 | 10,281 | ||||
| 25,060 | 250 | 25,310 | 16,884 | |||||
| Investments | ||||||||
| Interest received | 85 | |||||||
| 85 | 85 | |||||||
| Other | ||||||||
| Other income | 896 | 896 | ||||||
| 896 | 896 | |||||||
| Total income and endowments | 26,041 | 250 | 26,291 | 16,886 | ||||
| Expenditure on: |
||||||||
| Governance costs |
||||||||
| Ascension Trust Management | Fees | 3,972 | 3,972 | 2,573 | ||||
| Footwear and blankets | 787 | 787 | ||||||
| Kit expenses | 243 | 243 | (50) | |||||
| 5,002 | 5,002 | 2,523 | ||||||
| Total ofexpenditure activities |
on | charitable | 5,002 | 5,002 | 2,523 | |||
| Other expenditure | ||||||||
| Charitable donations |
807 | 807 | 650 | |||||
| 807 | 807 | 650 | ||||||
| Employee costs | ||||||||
| Salaries/wages | 12,382 | 12,382 | 12,409 | |||||
| Staff recruitment | 417 | 417 | 164 | |||||
| Staff training | 250 | 250 | ||||||
| Co-ordinators expenses |
85 | 85 | 28 | |||||
| 13,134 | 13,134 | 12,601 | ||||||
| General administrative | costs, | |||||||
| including depreciation |
and | |||||||
| amortisation | ||||||||
| Depreciation of Plant |
and | |||||||
| machinery | ||||||||
| Equipment repairs maintenance |
and | 450 | 250 | 700 | 106 | |||
| General insurances | 402 | 402 | 768 | |||||
| Stationery and printing |
18 | 18 | 167 | |||||
| Subscriptions | 96 | 96 | 96 |
| Detailed Statement ofF | inancial Activities | ||||
|---|---|---|---|---|---|
| 966 | 250 | 1,216 | 1,137 | ||
| Legal and professional | costs | ||||
| Accountancy and bookkeeping |
1,513 | 1,513 | 1,513 | ||
| 1,513 | 1,513 | 1,513 | |||
| Total ofexpenditure of |
other costs | 16,420 | 250 | 16,670 | 15,901 |
| Total expenditure | 21,422 | 250 | 21,672 | 18,424 | |
| Net gains on investments | |||||
| Net income/(expenditure) | 4,619 | 4,619 | (1,538) | ||
| Net income/(expenditure) other gains/(losses) |
before | 4,619 | 4,619 | (1,538) | |
| Other Gains | |||||
| Net movement in funds |
4,619 | 4,619 | (1,538) | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward | 12,795 | 12,795 | 14,333 | ||
| Total funds carried forward | 17,414 | 17,414 | 12,795 |