||||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|