2024-04-05-accounts

Report for the Year End 5[th] April 2024 Charity number 1151232

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The Aspiration Trust Annual Report for the Year End 5th April 2023

Charity Name:

The Aspiration Trust

Charity registration number:

1151232

Registered Office: The Spire, Breck Road, Wallasey, Wirral, CH44 3BD

Contact Details:

Phone: [phone] Email: [e-mail]

The objects of the CIO are:

1. To advance the Christian faith for the benefit of the public in the Wirral and such other parts of the UK or the world as the trustees may from time to time in their absolute discretion think fit in accordance with the statement of belief appearing in the Schedule

2. To further or benefit the residents of Wirral and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.

3. To use and hold the money and assets of the Trust for such general charitable purposes for the benefit of the public in the Wirral and such other parts of the United Kingdom or the world as the trustees may from time to time in their absolute discretion think fit.

Summary Report:

• Our primary work concerns the community use of The Spire, our building. The Spire was formally an Anglican church building that had fallen in to disrepair. It is now a vibrant community hub which includes office space for local charities, a community café, a community food store and rooms to hire.

• The redevelopment of the land surrounding the main building remains a primary objective and we are awaiting planning permission before the sale can complete.

• We have completed the purchase of the adjacent building which is a big step forward.

• We have taken on a member of staff to help manage the work and she is doing a great job.

• At board level we have been discussing how we might further our impact by investing in new and innovative charitable projects. We intend to set up a grant making project using the income from the sale of the land.

• Our Chair stepped down and a new chair was appointed.

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name The Aspiration Trust On accounts for the year 31[st] March 2024 Charity no 1151232 ended (if any) Set out on pages 5 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

• Please delete the words in the brackets if they do not apply.

Signed:		Date:13/01/2025 ~~a~~	Date:13/01/2025 ~~a~~
Name:	Ian Maith
Relevant professional	ACCA
qualification(s) or body
(if any):
Address:	64a St Andrews Road, South Church, Bishop Auckland, County Durham, DL14 6RY.

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Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

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Aspiration Trust Income and Expenditure Account

Year Ended 31st March 2024

Income Sales £27,539.62 Grants £20,123.00 Donations £426.05 Refunds £193.62 Total Income £48,282.29

Expenditure Staff £15,342.27 Utilities £15,184.02 Building Maintenance £8,224.54 Insurance £4,170.67 Sundries £782.19 Venue Hire £500.00 Bank Charges £436.20 Website £130.00 Total Expenditure £44,769.89

Net Op Surplus/Deficit

£3512.4

Fixed Assets Property Total Fixed Assets

£100,000.00 £100,000.00

Current Assets Bank and Cash Total Assets

£48,072.82 £48,072.82

Balance at 1.4.2023 Income Expenditure Balance at 31.3.2024

£44,560.42 £48,282.29 £44,769.89 £48,072.82

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