Charlty r•glstr•tlon numb•r 1154167 (Ingland and Wal•$) Company reglstratlon number 08399795 THE TOGETHER PLAN LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024
THE TOGETHER PLAN LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees G Rozenberg JNBaum M Segall A M Mihaleto (Appointed 20 November 2023) (Appointed 28 May 2024) R Eisen Charity numb•r (England and Wal•s) 1154167 Company numb•r 08399795 Ind•pendent examiner Glazers 843 Finchley Road London NW118NA
THE TOGETHER PLAN LIMITED CONTENTS P•g• Trustees report statement of trustees responsibilitie8 Independent examinerfs report Statement of financlal aclivllies Balance Sheet Notes to the financial ststements 7-14
THE TOGETHER PLAN LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 28 FEBRUARY2024 The trustees present their annual report and financial statements for the year ended 28 February 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "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)" {as amended for accounting periods commencing from 1 January 2016) Objectlves and activities The charity's objects are to work with communitie5 in Eastem Europe and the Former Soviet Union to support community capacity building. Empowering communities and their members so that they are better equipped to help develop from within. Currently The Together Plan is focusing on working with communities in Belarus. The trustees have actively promoted the objectives of the charity, and provided much needed frjnds and resources to beneficiaries. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achlevoments and p•rform•nce The trustees have continued the development of the charity both with regard to fund raising and application of the charitable funds to the beneficiaries. Flnanclal r•vl•w Total incoming resources amounted to £221,662 (2023.. £200,003) and total resources expended amounted to £211,244 (2023: £196,915). The charity remains predominantly dependent upon donations to fund its activities, and the trustees much appreciate the support provided by many donors. The charity received approximately 60¥0 of its income from grants. It is the policy of the charity that unrestricted funds which have not been designated for a specrfic use should be maintained at a level equivalent to beeen three and six month's expenditure. The trustees recognise that this has not been met at the prior year end but have increased the total such that there is nowjust overthree months, expenditure held (excluding clothes collection costs). As the charity expands It will continue to focus on addressing this ratio. The trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. The charity remains dependent upon donations to fund its activities, and the trustees much appreciate the support provided by many donors. structurei govornance and management The charity was incorporated on 12 February 2013 as a company limited by guarantee and regISted as a charity by the Charity Commission on 10 October 2013. The trustees who served during the year and up to the date of signature of the financial statements were.. G Rozenberg JNBaum M Segall A M Mihaleto R Eisen (Appointed 20 November 2023) (Appointed 28 May 2024)
THE TOGETHER PLAN LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up. In accordance with the governing document the Charity indemnifies trustees against any liability incurred in that capacity. The Memorandum and Articles ofAssociation specify that the income of the charity shall be applied solely towards the promotion of the objects as set forth therein and no part of this income may be paid or transferred to the trustees. No trustee may be appointed to any office of the charity paid by salary or fees or receive any remuneration or other benefit in money or money's worth from the charity. The charity may make payment to trustees for reasonable out of pocket expenses and also professional charges for business done by a trustee who is a solicitor, accountant or other person when instructed by the charity to act in a professional capacity on its behalf. The trustees report was approved by the Board of Trustees. R Els•n Trustee Dated: 7 November 2024
THE TOGETHER PLAN LIMITED STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 28 FEBRUARY 2024 The trustees, who are also the directors of The Together Plan Limited for the purpose of company law, are responsible for preparing the Trustees Report and the financial statements in accordance with appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resourGes and application of reSoUrs, including the income and expenditure, of the charitable company for that year. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently- obsep4e the method5 and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounling Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial stalements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Company law requires the trustees to prepare financial ststements for each financial year which glve a true and falr view of the state of affairs of the charity and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP., make judgements and eslimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that di5c105e with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statemen ts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
THE TOGETHER PLAN LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TOGETHER PLAN LIMITED I report to the trustees on my examination of the financial statements of The Together Plan Limited (the charlty) for the year ended 28 February 2024. Responsibllltles and basis of report As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity's financial ststements carried out under section 145 of the Charities Act 2011. In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent examln•r's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as qUIred by section 386 of the Companies Act 2006. the financial statements do not accord with those records; or the financial Statements do not comply with the accounting requirements of Section 396 of the Companie¥ AGt 2006 other than any requirement that the financial statements give a true and falr view, which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and prlnclple5 of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concems and have come across no other matters In connection with the examination to whlch attention should be dravm in this report in order to enable a proper understandlng of the financial statements to be reached. Phlllppe H•rsz•ft Chartered Accountant 843 Finchley Road London NW118NA 7 November 2024
THE TOGETHER PLAN LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EIVDED 28 FEBRUARY 2024 Unrostrlcted R•strlcted funds funds 2024 2024 Total Unre8trlct•d Restrlct•d funds funds 2023 2023 Total 2024 2023 Notes Income from: Donations and legacies 197,065 24,598 221,661 181,280 18,723 200,003 enditure Charitable activities 201,259 7,409 208,668 176,521 20,394 196,915 Net (exp•nditure)I Income for the yearl Net movement In funds (4,194) 17,187 12,993 4,759 11,671) 3,088 Fund balances at 1 March 2023 27,181 13,988 41,169 22,422 15,659 38.081 Fund balances at 28 February 2024 22.987 31,175 54,162 27.181 13,988 41,169 The statement of financial activities includes all gains and losses recognised in the year. The statement of financlal a¢tlvitie8 includes all gains and losses recognised in the year. All income and expenditure derive from Continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
THE TOGETHER PLAN LIMITED BALANCE SHEET AS Af28 FEBRUARY2024 2024 2023 Notes Flxed assets Tangible assets 507 Current assets Debtors Cash at bank and in hand 12 3,811 52.483 2,905 41,388 56,294 44,293 Creditors: amounts falllng due within one year 13 (2.639) (3,124) Net current assets 53,655 41,169 Total assets 1955 current liabllities 54,162 41.169 In¢om• funds Restricted funds - general Unrestricted fvnds 14 31,175 22,987 13,988 27,181 54,162 41,169 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 28 February 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not requlred the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements Wre approved by the Trustees on 7 November 2024 R Eisen Trustee Company registration numb•r 08399795
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUAR Y 2024 Accountlng pollcles Charity Informatlon The Together Plan Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is . 1.1 Accountlng convontlon The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in aGGordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity a5 defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charty. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the hlstorical cost convention, Imodified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to Continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses ofthe restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any perfomance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies are re¢ogni5ed on ceipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and reIpt is expected. If the amount is not known, the legacy is treated as a contingent asset.
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 Accounting polScl•s (Contlnued) 1.5 Expendlture All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost5 related to the category. Where costs can not be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Govemance costs include all expenditure not directly related to charitable activity. In respect of certain items of expenditure it is a matter of judgment as to whether such items are direGt Gharitable expenditure or governance costs, and the Trustees have applied what they consider to be reasonable judgment in apportioning such costs. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful live5 on the following bases: Computers 330k Stralght line basis The gain or loss arising on the disposal of an asset is determined as the difference bebNeen the sale proceeds and the carying value of the asset. and is recognised in the statement of financial activities. 1.7 Impalrm•nt of fixed aM•ts At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. Sf any such indEation exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impairment loss (if any). 1.8 Cash and cash •qulv•l•nts Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instrumonts The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity become5 party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneou51y. Basic financlal assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transaction Gosts and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 Accounting pollcies (Contlnu•d) Basic financlal Ilabilltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of inte$t. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as Current liabilits-es if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employ•• b•n•fits The cost of any unused hollday entitlement is recognised in the period in which the employee's services are received. Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Critical accountlng estlmates and Judgem•nts In the application of the charity's accountlng policies, the trustees are required to make judgements, estlmates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. Donatlons and legacies Unrestricted Restricted funds funds general 2024 Total Unrestricted Restricted funds nds general 2023 Total 2024 2024 2023 2023 Donations and gifts 197.065 24,596 221,661 181.280 18,723 200,003
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2024 Expendlture on charitable activities Charltable Charitabl• •xpenditur expenditur 2024 2023 Direct costs staff costs Projects Events 42.426 148,305 7,409 35,437 104,405 24,636 198.140 164,478 Share of support and governanc• costs (see note 6) Support Governance 7,624 2,904 29,150 3,287 208,668 196,915 Analysls by fund Unrestricted funds Restricted funds 201,259 7,409 176,521 20,394 208,668 196,915 Description of charltabl• a¢tlvltl•$ Ch itur The charity's key activities are to work with communities in Eastern Europe and the former Soviet Union to support community capacity building, empowering their members so that they are better equipped to help develop from within. This has been primarily with a focus on communities in Belarus. The charity is reaching its objectives through. training and education, working with youth (inGluding collaborative cross-border education programming), developing programmes for all ages, and the building of a Jewish Cultural Heritage Route in Belarus. 10-
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2024 Support costs Support Govornanc• costs costs 2024 2023 Travel Computer running costs Premises costs Other Costs Rates (535) 2.734 3,053 19,564 (17,192) (535) 2.734 3,053 19,564 {17,192) 1,273 4,379 3,025 20,640 {167) AGGountancy Bookkeeping 1,104 1.800 1,104 1,800 1.487 1,800 7,624 2,904 10.528 32,437 Analysed between Charitable activities 7,824 2,904 10,528 32,437 Governance costs includes payments to the Independent Examiner of £1,080 (2023- £1,056) in respect of their report on these financial statements. Net movem•nt in funds 2024 2023 The net movement In funds is stated after charglngl(crediting)'. Fees payable for the independent examination of the charity's financlal statements 1.104 1,487 Trust••s None of the trustees (or any persons connected with them) received any remuneratlon or benefits from the charity during the year. Employees The average monthly number of employees during the year was.. 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries 42,426 35,437 There were no employees whose annual remuneration was more than £80,000. 11
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2024 10 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes, 11 Tanglble flxed assets Compul•rs Cost At 1 March 2023 Additions 2,719 507 At 28 February 2024 3,226 Depreclatlon and impairment At 1 March 2023 2,719 At 28 February 2024 2,719 Carrylng amount At 28 February 2024 507 At 28 February 2023 12 Debtors 2024 2023 Amounts falllng due wlthln one year: Trade debtors 3,811 2,905 13 Creditors: amounts falling due within ono year 2024 2023 Other taxation and social security Trade creditors Accruals and deferred income 966 592 1,081 915 1.153 1,056 2.639 3,124 12-
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 14 Rostrlctad funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 March 2023 Incomlng Resources resourc•s exponded At28 February 2024 Restricted funds 13.988 24,596 (7.409) 31.175 Pr•vlous year: At 1 March Incomlng Resources 2022 r•$ources exp•nded At28 February 2023 Restricted funds 15,659 18,723 (20,394) 13.988 15 Unre$trlct•d funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These Include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 March 2023 lfteoming R••ourc•• resources •xpended At28 February 2024 General funds 27,181 197,065 (201,259) 22,987 Prevlous yoar: At l March 2022 Incomlng Resourc•s r•soure•s expend•d At28 February 2023 General funds 22,422 181,280 (176,521) 27,181 13-
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2024 16 Analysls of n•t assets b•tw•en funds Unrestricted Restrlct•d funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Fund balances at 28 February 2024 are represented by: Tangible assets Current assetsl {liabilities) 507 507 53,655 53,655 27,921 13,248 41,169 54,162 54,162 27.921 13,248 41,169 17 Related party transactlons There were no dlsclosable related party transactions during the year (2023 - none). 14-