Ch•rlty r•gl$tr•tlon number 1154167 {England and Wales) Company r•glstratlon number 08399795 THE TOGETHER PLAN LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
THE TOGETHER PLAN LIMITED LEGALAND ADMINISTRATIVE INFORMATION Trusleei G Rozenberg JNBaum A M Mihaleto R Eisen K Kizhner (Appointed 28 May 2024) (Appointed 27 November 2024) Charlty numb6r (England and Wales) 1154167 Company number 08399795 Independent exam5ner Glazers 843 Flnchley Road London NW118NA
THE TOGETHER PLAN LIMITED CONTENTS Page Trustees report Statement of trustees responsibilllies Independent examiner's r8POrt Statement of financial activities Balance sheet Notes to the financial statements 7-14
THE TOGETHER PLAN LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 28 FEBRUARY 2025 The trustees present their annual report and financial statements for th8 year ended 28 February 2025. The financial statements have been prepared in accordance wilh the accounting policies sel out In note 1 to the financial statements and comply with the charily'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} Objectives and activltles The charity's objects are to work with communities in Eastern Europe and the Former Soviet Union lo support community capacity building. Empowering communities and their members so that they are better equipped to help develop from within. Currenlly The Together Plan is focusing on working with comrnunities in Belarus. The Irustees have actively promoted the oblectives of the charity, and provided much needed funds and resources to boneficiaries. The trustees have paid du8 regard to guidance issued by the Charity Commisslon In d8ciding what activltles the harity should undertake. Achlevoments and performance The trustees hav8 continued the development of th8 charity both with regard to fund raising and application of the charilable funds to th8 beneficiaries. Financlal rèvlèw Total incoming resources amountéd to £299,150 (2024,. £221,661 } and tolal resources expended amounted to £314,23712024.' £208,668). The charily remains predominantly dependent upon donations to fund its activitles, and the trusteÉs much appreciate the support provided by rnany donors. 11 is the policy of the charity that unrestrictèd funds which have not béen designated for a speclfic use should be maintained at a level equivalent lo beeen thr66 and six month's expendilur8. Th8 trustees recognise that this has not been met al the year end but the trustees are focused on restoring unrestricted funds to the appropriate level in the current year. 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 remain5 dependent upon donations to fund its activities. and the trustees much appreciate the support provided by many donors. Structure. governance and management The charity was incorporated on 12 February 2013 as a company limited by guarantee and registered as a charity by the Charity Commission on 10 October 2013. The trustees who served during the year and up to the date of signaturo of the financial statements were- G Rozenberg JNBaum M Segall A M Mihalelo R Eisen K Kizhner (Resigned 19 January 2025) (Appointed 28 May 2024) (Appointed 27 November 2024)
THE TOGETHER PLAN LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 None of the trust88s has any beneficial interest in the company. All of the trust88s are members of thé company and guarant88 to contribute £10 in the event of a winding up. In accordance with the 9oveming document the Charity indemnifies trustees against any liability incurr8d in that capacity. The Memorandum and Articles of Association 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 Offi of the charity paid by salary or fees or receive any remuneration or other benefit in money or moneys 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 Elsen Truste8
THE TOGETHER PLAN LIMITED STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 28 FEBRUARY 2025 The truste8s, who are also the directors of The Together Plan Limited for the purpose of company law, are respor)sible for preparing the Trustees Report and the financial staternents in accordance with applicable 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 incotning resources and application of resources, including the income and expenditure. of the charitable company for that year. In preparing these financlal stalements, the trustees are required to: select suStable accounting policies and then apply them consistently., observe the melhods and principles in the Charities SORP., make judgements and eslimates thal ar8 reasonable and prudent., and prepare the financial slalements on the going concern basis unless it is Inappropriate to presum8 that the charity will continue in operation. The Iruslees are responsible for keeping adequate accounting records Ihat 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 othar irr6gularities. Company law requires the trustees to prepare financial statements for each financial year which glve a true and fair 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 thal year. In preparing these financial statemenls, the trustees are required to: select suitable accounting policies and then apply them consistently- observe the rnethods and principles in the Charitie5 SORP; make judgements and estimates that are reasonable and prudent- and prepare the financial slalements on the going concem basis unless it is inappropriate to presume Ihat the charity will continue in operation. The trustees are responsible for keeping adequate accounting record5 that disclose with reasonable accuracy at any time the financial position of the charity and enab18 th6m to ensure that thè financial statements comply with the Companles Act 2006. They are also responslblè for safeguarding the assets of th8 charity and h8nc8 for taking reasonab18 Steps for the prevention and d8tectlon of fraud and other irregularlties.
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 ststem8nts of The Together Plan Limited (the charity) for the year 8ndod 28 February 2025. Responslblllll•s and basls 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 ststements in accordance with the requiremenls 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 8xaminalion, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Direclions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Indepondent examlnor's statement Since the charily's gross income exceeded £250,000 your examin8r must be a member of a body listed in sèction 145 of the 2011 Act. I confim) that l am qualified to undertake the 6xaminalion because l am a m6mb8r of chart8rèd accountants, which is one of the listed bodies. I have Completed my examinatlon. I confirm that no matters have come lo my attention in connection with the examination giving me cause to b611eve that in any material respect.. accounling records were nol k8Pt in r8specl of the charity as requirèd by section 386 of the Companies Acl 2006. the financial statements do not accord wlth those r8cords' or th8 financlal slalements do not comply with the accounting requlrements of saction 396 of the Companies Act 2006 other than any requirement that the financial statem8nts give a true and falr view, which is not a matter considered as part of an independent examination.. or Ihe financial statements have not been prepared in accordance with the methods and principles of the stalemenl of Recommended Practice for accounlir)g and reporting by charities applicable to charities pparing their financial stslements in accordance with Ihe 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 connectian with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Phlllppg Herszaft Chartered Accountant 843 Finchley Road London NW118NA Date.. ..1 b .9L1o.Q.<¥
THE TOGETHER PLAN LIMITED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2025 Unrestrlcled Restrlcted fund5 funds 2025 2025 Total Unrestrlcted Restrlcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies 126,318 172,832 299.150 197.065 24,596 221,661 enditure on: Charitable activities 146,679 167.558 314.237 201.259 7,409 208,668 Net lexpandlture)Ilncomo for Imyrtmenl In funds 120.361) 5,274 (15,087) (4,194) 17,187 12,993 Fund balances at 29 February 2024 22.987 31.175 54.162 27.181 13,988 41.169 Fund balances at 28 February 2025 2.626 36.449 39,075 22,987 31,175 54,162 The statement of financial activlties includes all galns and losses recognlsed In the yèar. The statement of financial actlvitles includes all galns and losses recognlsed in the year. All Income and expenditure derive from contlnuing activities. The statement of financial activities also complies wilh the requirements for an income and expenditure account under the Companies Act 2006.
THE TOGETHER PLAN LIMITED BALANCE SHEET AS A T 28 FEBRUARY 2025 2025 2024 Notes Fixed assets Tangible assets 11 806 507 Current assets Debtors Cash at bank and in hand 12 511 43,244 3.811 52,483 43.755 56,294 Credltors: amounts falllng due wlthln one year 13 15,486) (2,639) Net current assets 38.269 53.655 Tolal assets less current Ilabllltles 39.075 54.162 Income funds Restricted funds - general Unrestricted funds 14 36.449 2.626 31.175 22.987 39.075 54,162 Th8 company is 8ntitled to the 6xemption from the audit requirement contslned in section 477 of the Companies Act 2006. for the yéar ended 28 February 2025. The directors acknowledge their responsibilities for complying wlth the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company lo obtain an audil of its financial slatements 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 were approved by the Trustees on 16 October 2025 R Eis6n Trustee Company reglstratlon number 08399795
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Accountlng pollcles Charlty Informatlon The Together Plan Limited is a private company limited by guarantee incorporated in England and Wales. The rogistered office is 1.1 Accounting conventlon 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 charilies preparing their accounts in accordance with the Financial Reporiing Standard applicable in the UK and Republic of Ireland (FRS 102)" (as 8mended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charily has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 nol to prepar8 a Statement of Cash Flows. The finan¢ial stalements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financlal stalemenls are rounded to the nearest £. The financial statements have been prepared under the historical Cost convention, [modified to include the revaluation of freehold propertiés and to include investment properties and certain financial instruments at fair valuel. The principal accounllng policies adoptéd are sel out below. 1.2 Going concern At the time of approving the financial stalements, Ihe Iruslees have a reasonab16 expeclation that the charity has adequate resources to continue in operational existence for thé foreseeable future. Thus the trustèas continu6 to adopt th8 going concern basis of accounting in preparing the financial ststements. 1.3 Charitabl8 funds Unrestri¢led funds are avallablè for use at the discretion of the trust88s in furtherance of thelr charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the 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 perfomiance conditlons have been met. th8 amounts Can b8 measured reliably. and it is probable Ihat income will be received. Cash donations are recognised on reIPt. Other donations are recognised once the charity has been notified of the donation, unless perfomianc8 conditions require deferral of the amount. Income tax r8¢overable in relation to donations received under Gift Aid or deeds of covenant is re¢ognised at the time of the donation. Legacies are re¢ognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known. the lega¢y is treated as a contingent asset.
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Accountlng pollcles (Continued) 1.5 Expenditure All expenditure is accourbted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs can not be directly attributed to particular headings they have been allocated to activities on 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 judgrnent as to whether such items are direct charitable expenditure or govemance costs. and the Trustees have applied what they consider to be reasonable judgment in apportioning such costs. 1.6 Tanglble fixed assets Tangible fixed assets are initially measured at cosl and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to wrlt8 off the cost or valuation of ass8ts less their residual values over th8ir useful lives on the followlng bas@s: Comput8rs 33V. Straight line basis The gairs or loss arlsing on the disposal of an asset is det8rmined as the diff8r8nce between the sale proceeds and the carrying value of the asset. and is recognised In the Stat8ment of financlal activities. 1.7 Impairmènt of flxed assats At each reporting end date, the charity reviews the Carrylng amounts of its langlble assets to determine whether there is any indication thal those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determin6 the extent of the impairment loss {if any). 1.8 Cash and cash equivalents Cash and Gash equivalents include cash in hand, deposits held at call with banks, other shorl-tem liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments 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 charivs balance sheet when the charity becomes party to the ontractual provisions of the instrument. Financial assets and liabilities are offset. with lh8 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 r8alls8 the asset and settle the liabillty simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amorlised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the futur6 receipts discounted at a market rate of inlerest. Financial assets classified as recelvable within one year ar8 not amortised.
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Accountlng pollcles (Contlnuod) Basic financial liabilities Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing Iransaclion. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effeclive interest rate method. Trade Greditors are obligations to pay for goods or services that have been acquired in the ordinary cours8 of operations from suppliers. Amounts payable are classified as current liabilities 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 thè effective interest method. Derecognltlon offfnan¢lal Ilabllltle$ Financial liabililies are derecognised when the charity'5 contractual obligations explre or are discharged or canlled. 1.10 Employee benefits The cost of any unused holiday entillemenl Is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably commltted to temiinate the employmenl of an employee or to provide termination benefits. Crltlcal accountlng esllmatos and Judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estlmat8S and assumplions 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 estirnates. Th8 estimates and underlying assumptions are reviewed on an ongolng basis. Revisions to aGcounting estimates are recognised in the period In which the 8Stimat8 is r8VIS8d where the revision affects only that P8riod, or in the period of the revision and futur6 périods wh8re the revision affects both current and future p8riods. Donations and legacles Unrestrlctod Restrlcted funds funds ggneral 2025 Total Unrestricted Restricted funds funds general 2024 Totsl 2025 2025 2024 2024 Donation5 and gifts 126.318 172,832 299,150 197,065 24,596 221,661
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Expenditure on charitable activities Charltable oxpendlture 2025 Charllable expendlture 2024 Direct costs staff costs Depreciation and impairmenl Projects Events 38,694 551 235,946 6,922 42,426 148,305 7,409 282.113 198,140 Share of support and governance costs (sèe nota 6) Support Govérnance 27,882 4.242 7.624 2,904 314,237 208,668 Analysis by fund Unrestricted funds Restricted fijnds 146,679 167,558 201,259 7,409 314,237 208,668 Descrlptlon of charltable activitlos Charitable ex endlture The charity's key activities are to work with communities in Eastem Europe and the former Sovlet Union to support community capacity building. empowering their members so that they ar8 better equipped to help dev81op from within. This has been primarlly with a focus on communities in Belarus. Th8 charity is reachlng its objectives Ihrough,. training and èducatlon, working with youth {in¢luding collaborative cross-bord8r education programming). developing programmès for all ages. and the building of a Jewish Cultural Herltage Route in Belarus. 10-
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2025 Support costs Support Governance costs costs 2025 2024 Travel Computer running costs Premises costs Other costs Rates 1,958 8,002 922 17,000 1,958 8,002 922 17.000 {535) 2.734 3.053 19,564 (17.192) Accountancy Bookkeeping 1,500 2.742 1.500 2.742 1,104 1,800 27,882 4.242 32,124 10,528 Analysed betsveen Charitable activilies 27,882 4.242 32.124 10,528 Governance costs includes payments to the Independent Examlner of £1,50012024 £1,104) in respect of their report on these financial statements. Net movement In funds 2025 2024 The net movement in funds is stated after chargingl(crediting)'. Fees payable for the independent examination of the charity's financial slalements Depreclatlon of owned tanglble flx6d ass61s 1,500 551 1,104 Trustees None of the trustees {or any persons connected with them) received any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was: 2025 Number 2024 Numbor 11
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Employees {Contlnued) Employment costs 2025 2024 Wages and salaries 38,694 42.426 There were no employees whose annual remuneration was more than £60,000. 10 Taxatlon The charity is exempt from taxatlon on its activitles because all Its income Is applled for charilable purposes. 11 Tanglble fixed assels Computor Cost At 29 February 2024 Additions 3,226 850 At 28 February 2025 4,076 Depreclatlon and Impalrmént At 29 February 2024 Depreciation charged in the year 2,719 551 At 28 February 2025 3.270 Carrylng amount At 28 February 2025 806 At 28 February 2024 507 12 Debtors 2025 2024 Amounts falling due wlthln ono yoar: Trade debtors Other debtors 260 251 3,811 511 3,811 12-
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2025 13 Creditors." amounts falling due within one year 2025 2024 Other taxation and social security Trade creditors Accruals and deferred income 2.024 144 3,318 966 592 1,081 5.486 2.639 14 Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on Irust subject to specifi¢ conditions by donors as to how they may be used. At29 February 2024 Incomlng Resources At28 resources expended February 2025 Restricted funds 31,175 172,832 (167,558) 36,449 Previous year: At28 February 2023 Incomlng rosources Rosources At28 expended February 2024 Restricted funds 13,988 24,596 17,409) 31,175 15 Unrestricted fund5 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 fullds by the trustees for specific purposes. At29 February 2024 Incomlng resourcas Resources At28 oxponded February 2025 General funds 22,987 126,318 (146,679) 2,626 Prevlous year: A128 February 2023 Incomlng Resources At28 r•$ources expended February 2024 General funds 27,181 197,065 {201,2591 22.987 13-
THE TOGETHER PLAN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 16 Analysls of net assets between funds Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestrlcted funds 2024 Restricted funds 2024 Total 2025 2024 Fund balances at 28 Febnjary 2025 are represented by.. Tangible assets Current as5elsl(liabilities) 806 806 507 507 1.820 36.449 38,269 53.655 53,655 2.626 36.449 39,075 54.162 54,162 17 Related party transaclions There were no disclosable related party transactions during the year (2024 - non8). 14-