## **Aspire Ryde**
## **A Charitable Incorporated Organisation Number 1163336**
# **Annual Report and Financial Statements for the year ended 31st December 2020**
2
## Contents
Administrative Information ....................................................................................................... 3 Registered address and Administrative/Office address ......................................................... 3 Trustees .............................................................................................................................. 3 Bankers .............................................................................................................................. 3 Organisational Structure ......................................................................................................... 4 Constitution ......................................................................................................................... 4 Governance and management ............................................................................................. 4 Trustee selection ................................................................................................................. 4 Risk Management ............................................................................................................... 4 Purpose .............................................................................................................................. 4 Objectives ........................................................................................................................... 5 Message from Chair Person – Mr Will Sussman ...................................................................... 5 Message from Aspire Ryde CEO – Mr Trevor Nicholas ............................................................ 5 Our Community and Social Impact .......................................................................................... 6 Financial review ...................................................................................................................... 8 Reserves policy ................................................................................................................... 8 Investment policy................................................................................................................. 8 Main sources of income ....................................................................................................... 8 Expenditure supporting charitable objectives ........................................................................ 8 Looking ahead..................................................................................................................... 8 Independent Examiners Report……………………………………………………………………..9 Statement of Financial Activities ........................................................................................ 10 Balance Sheet ...................................................................................................................... 11 Analysis of Income……………………………………………………………………………………12 Analysis of Expenditure………………………………………………………………………………12 Accounting policies ............................................................................................................ 14 Support Staff Costs…………………………………………………………………………………..15 Movement in Charity Funds ............................................................................................... 16 Tangible fixed assets ......................................................................................................... 17 Our financial supporters ........................................................................................................ 18
3
**Annual Report 2020**
## **Administrative Information**
**Organisation full name** Aspire Ryde Charitable Incorporated Organisation
## **Registered Number** 1163336
## **Registered address and Administrative/Office address**
Aspire Ryde, Trinity Buildings, Dover Street, Ryde, Isle of Wight, PO33 2BN
## **Trustees**
Mr Will Sussman – Chairman Mr Andrew Gardner – Treasurer Mrs Lara Sussman Mr Nick Mulhern Mr Robert White – Vice Chairman Mr Ian Pratt Mr Mike Drinkwater Mrs Katrina Redpath – Resigned 16[th] November 2020 Mrs Beverley Jessop Mr Nicholas England – Joined 3[rd] February 2020 Rev Peter Leonard – Joined 3[rd] February 2020
## **Bankers**
The Cooperative Bank Po Box 250 Delf House Southway Skelmersdale WN8 6WT
Santander Bridle Road Bootle L30 4GB
## **Legal**
RJR Solicitors 18 Melville Street Ryde Isle of Wight PO33 2AP
## **Accounts independently examined**
by Mr Martin Samuel MBA FCCA The Helpful Bean Counter 6 Sydney Way Waterlooville PO7 5FG
4
**Annual Report 2020**
## **Organisational Structure**
## **Constitution**
Aspire Ryde is registered with the Charity Commission as a Charitable Incorporated Organisation and is governed by its Constitution
## **Governance and management**
The organisation has a board of trustees who operate in a voluntary capacity. They meet several times each year to govern the organisation. They ensure that full accountability and transparency are in place. They have appointed a Chief Executive Officer (CEO) with some delegated authority to undertake the day to day operation and further development of the project on their behalf. 2020 has seen two new trustees nominated by the Bishop of Portsmouth who bring considerable skill and experience to the Board of Trustees. Having come into post in late 2019, the CEO has restructured the senior management team to manage a multi-site organisation and ensure that the charity is structured sustainably and for future growth.
## **Trustee selection**
A skills’ based analysis is used to help identify what skills are required for the effective running of the organisation. This means recruitment can be specifically focused on recruiting trustees with the best skill base for the identified gaps. Trustees are also chosen to reflect the Christian ethos of the organisation. This leads to a robust board who are able to make good and well thought through decisions. The Bishop of Portsmouth also has the right to nominate two people to become trustees of Aspire Ryde.
## **Risk Management**
The trustees and CEO routinely examine the organisation, and its reputational and operational risks when preparing strategic plans and developing new projects. A corporate risk register has been introduced and is presented at each meeting ensuring that organisational risks are at the forefront of all decision making. Furthermore, regular reports of financial viability at trustee meetings and an annual independent examination of the accounts ensure financial risks are examined in detail. Aspire Ryde has developed a good range of policy documents to underpin how it operates so it is fair, consistent and can demonstrate good practice. Risk assessments are undertaken for each project and activity.
## **Purpose**
The Purposes of the organisation are:
_1 - ADVANCEMENT OF RELIGION “TO ADVANCE THE CHRISTIAN FAITH THROUGH MISSION & PARTNERING WITH OTHER CHRISTIAN CHURCHES FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE ANGLICAN STATEMENTS OF BELIEF “._
_2 - COMMUNITY FACILITIES & CENTRE ‘TO FURTHER OR BENEFIT THE RESIDENTS OF THE ISLE OF WIGHT & BEYOND IN ACCORDANCE TO OUR MISSION & VALUES BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, CHURCHES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER: TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTER AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS_
5
**Annual Report 2020**
## **Objectives**
The organisation is focussed upon providing facilities and services that improve place and people through the development of a strong community. Working in partnership with a wide range of stakeholders is our preferred way of working. This allows us to develop and deliver services to improve standards for Island residents, allowing them to participate more fully in society and improve themselves, their life chances and their surroundings. Working for the relief of poverty particularly in areas of high deprivation and encouraging regeneration through the redevelopment of redundant buildings is very important to us
## **Message from Chair Person – Mr Will Sussman**
2020 has been a year of service and survival for Aspire Ryde. As with many organisations both charitable and commercial, the impact of the pandemic has been hugely significant. As many of our services were required to close during lockdowns, so we were able to redirect our efforts into supporting our community through this time.
Our staff and volunteers worked tirelessly to support the town of Ryde and surrounding areas with food, prescriptions and social support to ensure that people could keep themselves safe and well during this unusual time.
We worked closely with partners and deepened working relationships in the process which will benefit our community as we emerge from the shadow of Covid-19. I am grateful to these partners and to the staff team at Aspire for stepping up to help when needed. Most of all, I am so very grateful to all of the volunteers who have given so much of themselves to support our community at this time.
## **Message from Aspire Ryde CEO – Mr Trevor Nicholas**
It would have been impossible to fully prepare for the events of 2020 and when the pandemic hit at the beginning of the year we knew our resources, our processes and our own resilience would most likely be tested to the limit. As an organisation we had to quickly decide whether to shut down and weather the storm, reliant on government support; or to step up and do what we could for our community, trusting that financial support would follow. We took the latter view and quickly partnered with Ryde town council to form a Ryde response. Setting up a helpline and recruiting volunteers to undertake shopping, prescription collections, emergency food supplies and other support to those having to quickly isolate. Over time we were able to do more, creating a phone befriending service to combat the isolation that many were feeling. We created Ryde Unite, a partnership of third sector organisations in the town to support each other and work together for the benefit of the community. Latterly in the year we began co-ordinating volunteers to assist the vaccination programme and were awarded a contract to continue this work into the next year.
We received financial support for the work we undertook and are grateful to both town and county councils, and to numerous grant funding bodies for the support they provided, enabling us to keep staff unfurloughed and maintaining vital services to the community.
I am particularly grateful to our amazing volunteers who stepped up to help in so many different ways, and to our staff team who have been supportive and flexible in undertaking unusual and unexpected roles as we’ve responded to the needs of our community. As we look to 2021, I am hopeful that we may return to a calmer and more familiar world, but huge challenges will remain for many years. We will continue to do our best to meet them.
6
**Annual Report 2020**
## **Importance of Volunteers**
We are lucky to have around 120 people who volunteer their services to us every week to support the organisation. This year, perhaps more than any other, we have been reliant on volunteers to support the most vulnerable members of our community. Alongside our amazing Aspire team we co-ordinated up to 200 other members of the community who offered their services when the pandemic first hit and have been shopping and helping individuals who are isolating or vulnerable.
We have had to find different ways of keeping in touch with our volunteers during lockdowns. This has included zoom coffee mornings, support groups and distanced walks to make sure we continue to look after each other. When we are able, we provide a daily lunch for our volunteers and foster a family atmosphere to support each other and build our community within the organisation as well as externally.
This year we held our annual volunteer event via zoom in the form of a Christmas party. Providing everyone with a small Christmas hamper we were able to play games and present awards for those who had made a real impact during the year. Our volunteer of the year award was also presented to Mr Dave Bull (pictured) for his ongoing work for aspire and particularly for his tireless work during the first lockdown.
## **Why we do what we do**
Aspire Ryde’s unique delivery model, focussing on inclusion, makes sure that everyone involved knows they are a valued and important part of our community.
We exist to share Christian love through service to our community in order to make that community stronger and to support each other through the challenges of life.
_**“I am becoming addicted to surfing instead of Cannabis**_ ” Participant in the waves of wellness suicide prevention programme
_**“I suffer from Anxiety and find it hard to get out. This has really helped me and my son”**_ Attendee at the food and fun school holiday project.
7
**Annual Report 2020**
## **Activities and Main Achievements of the year**
The Pandemic has been at the forefront of our activities during 2020. The table below sets out the work done by Aspire volunteers and those co-ordinated through our helpline.
||**1st Lockdown**
**March - June**|**2nd Lockdown**
**November -**
**December**|**2020 total**|
|---|---|---|---|
||**13 weeks**|**4 weeks**||
|Direct Aspire Volunteer Hours|2340|480|**2820**|
|Foodparcels|910|20|**930**|
|Chef time|390|40|**430**|
|Cooked mealsprepared|780|200|**980**|
|Phone and zoom welfare checks|5000|450|**5450**|
|Co-ordinated communityvolunteer hours|3380|560|**3940**|
|Individuals regularlysupported|155|90|**245**|
|Individual shoppingorprescriptions delivered|3965|420|**4385**|
|||||
|Total volunteer hours|6110|1080|**7190**|
|Total interactions over 17 weeks|10655|1090|**11745**|
During the 17 weeks spanning the two lockdowns, Aspire managed over 11,500 separate contacts with people, either in delivering food and medicine or in speaking to lonely and isolated people. Harder to measure is the impact this had, particularly on people’s health and wellbeing but anecdotal evidence suggests our approach not only improved mental health but also prevented loss through suicide.
## **Other Achievements**
Whilst much of the year has been spent functioning under covid regulations we have made significant progress in developing services and future income streams.
ARCH, our high street community hub, has continued to deliver recycling projects such as our bike repair and maintenance facility and paint recycling project. The retail element has been developed further, along with space for local crafts people to sell their own products.
Our softplay facility continues to grow and brings together local families to develop their relationships within our community.
Trustees have approved the development of an escape room facility in an under used area of the building which will go live in July 2021. This will provide an additional sustainable income stream for the organisation.
Our community offer outside of our buildings has grown and continues to develop in partnership with our community connector role. Providing outreach into local communities around activities this often provides an important engagement point for those who don’t regularly attend Aspire.
8
**Annual Report 2020**
## **Financial review**
## **Reserves policy**
In order to ensure the sustainability of the organisation and in line with good accountancy practices we aim to hold 6 months of operating costs in free reserves. These are held in shortterm interest-bearing or notice accounts so that we retain quick access to funds as we need them. Where funding is not available for at least 3 month’s on-going operations, the leader and trustees will give consideration to the need to scale back or cease operations.
## **Investment policy**
Where we hold excess funds over our projected expenses over a 3-month period, we invest the balance in short term interest-bearing call or notice accounts, so that we retain quick access funds as we need them.
## **Main sources of income**
Income during 2020 has been heavily grant based due to the impact of the pandemic on other sources of revenue.
Grant funding has been obtained from a number of sources that would not usually have been available. For example, government business grants and furlough funding. A number of local authority grants were obtained to cover some of the work undertaken during the pandemic. Other grant funders also offered charitable support for this work.
## **Expenditure supporting charitable objectives**
All our income has been used to support the organisation’s aims and objectives. The largest expense is wages for our small team of staff. In 2020 we initially furloughed nearly all staff but were able to quickly release a number to assist with the response. Expenditure on food was considerably higher than usual as we were grant funded to provide food parcels and support during lockdowns. Other expenditure was lower than usual as normal activities were unable to function at some points.
## **Looking ahead**
We expect 2020 to largely be a one off, although the impact of the pandemic will clearly continue into 2021. We do not anticipate that the level of grant funding will continue at the same rate, and that overall grant funding will be harder to obtain in coming years.
We have invested in revenue generating activities and expect our trading income to rise significantly in future years. We also anticipate additional organisational growth over time through partnerships with the public sector and statutory services.
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10
**Annual Report 2020**
## **Statement of Financial Activities for the year ended 31[st] December 2020**
|**INCOME**
Not
e
Donations
3
Grants
3
**Income from Charitable Activities**
3
**Income from other Trading Activities**
Fundraising
3
Other Income
3
**TOTAL INCOME**
3
**EXPENDITURE**
4
Cost of Raising Funds
4.1
Charitable Activities
4.2
Support Costs
4.3
Reconciliation
Depreciation
**TOTAL EXPENDITURE**
4
**Net Income (Expenditure)**
**Net Movement of Funds**
**RECONCILIATION OF FUNDS**
**Total Funds Brought Forward**
**Total Funds Carried Forward**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2020**
**2020**
35,468
2,800
129,353
43,807|**Total**
**Funds**
**2020**
38,268
173,159
211,428
49,912
0
14,910
276,249
11,409
97,129
105,828
0
9,223
223,588|**Total**
**Funds**
**2019**
24,874
112,543|
|---|---|---|---|
||164,821
46,607
49,912
0
0
14,910||137,417
84,919
10,071
404.93|
||229,642
46,607||232,812|
||11,409
0
50,522
46,607
105,828
0
0
0
9,223
0||10,678
34,116
139,108
-265
5,714|
||176,981
46,607||189,350|
|||||
||52,661
0|52,661|43,462|
|||||
||52,661
0|52,661|43,462|
|||56,762
109,423||
||56,762
0||13,300|
|||||
||109,423
0||56,762|
11
**Annual Report 2020**
## **Balance Sheet**
|||||**Unrestricted**
**funds**|||**Restricted**
**income**
**funds**||**Total this**
**year**
**2020**||**Total last**
**year**
**2019**|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||**£**|||**£**||**£**||**£**|
|**Fixed Assets**|||**5**|||||||||
|**Property**||||90,000|||0||90,000||90,000|
|**Fixtures and Fittings**||||20,562|||0||20,562||26,939|
|**Motor Vehicles**||||1,700|||0||1,700||3,400|
|**Office Equipment**||||1,908|||0||1,908||2,705|
|**_Total fixed assets_**||||114,169|||0||114,169||123,044|
|||||||||||||
|**Current Assets**|||9|||||||||
|**Debtors**||||4,919|||||4,919||10,769|
|**Prepayments**|||||||||0||0|
|**Bank& PayPal Accounts**||||95,578|||88,996||184,574||34,600|
|**Cash in hand**||||50|||||50||91|
|**_Total current assets_**||||**100,546**|||**88,996**||**189,542**||**45,461**|
|**Current Liabilities**|||7||||||0|||
|**Creditors: amounts falling due**
**within one year**||||16140|||88,996||105,136||23,037|
|||||||||||||
|||||||||||||
|**Other liabilities**||||0|||0||0||0|
|**Provisions**||||3,333|||0||3,333||1386|
|**_Total Current liabilities_**||||**19,473**|||**88,996**||**108,469**||**24,423**|
|**_Net current assets/(liabilities)_**||||81,073|||0||81,073||21,038|
|**_Total assets less current_**
**_liabilities_**||||**195,243**|||**0**||**195,243**||**144,082**|
|**Other Liabilities: falling due**
**after one year**|||8|||||||||
|Blanche Johnson Memorial Fund||||**1,083**|||0||1,083||**2,583**|
|**Total Net Assets**||||**194,159**|||**0**||**194,159**||**141,498**|
|||||||||||||
|**Funds of the Charity**||||||||||||
|**Restricted income funds**||||0|||0||0||0|
|**Unrestricted funds**||||109,423|||0||109,423||56,762|
|**Revaluation Reserve**||||84,736|||0||84,736||84736|
|**_Total funds_**|||10|**194,159**|||**0**||**194,159**||**141,498**|
|||||||||||||
||Signed byone or||two trustees on behalf of all the trustees|||||||||
||Signature||||||Print Name||||Date of
approval|
|……………………………………………………………||||||…|………………………………|||……………
…||
|……………………………………………………………||||||…|………………………………|||……………
…||
12
**Annual Report 2020**
|**Account**|**Restricted**
**Unrestricted**
**Total Funds**|**Prior Year 2019**|
|---|---|---|
|**Turnover**|||
|Donations|2,800.00
32,156.19
34,956.19|23,988.00|
|Gift Aid reclaimed|3,312.09
3,312.09|886.00|
|Fundraising|14,909.77
14,909.77|10,476.00|
|Sales|49,911.73
49,911.73|84,919.00|
|**Total Turnover**
**Cost of Sales**|**2,800.00**
**100,289.78**
**103,089.78**|**120,269.00**|
||||
||||
|Cost of Fundraising|11,408.58
11,408.58|10,678.00|
|**Total Cost of Sales**|**0.00**
**11,408.58**
**11,408.58**|**10,678.00**|
||||
|**Gross Profit**|**2,800.00**
**88,881.20**
**91,681.20**|**109,591.00**|
|**Charitable Activities**|||
||||
|Grant Funded Activites|43,306.68
34,302.21
77,608.89|10,990.00|
|Primary Activites core costs
**Total Charitable Activities**
**Support Costs**|3,300.00
25,442.99
28,742.99
**46,606.68**
**59,745.20**
**106,351.88**|23,125.00
**34,115.00**|
||||
||||
|Audit & Accountancy fees|0.00
0.00||
|Card charges|0.00
0.00|409.00|
|Charitable and Political Donations|0.00
0.00||
|Cleaning|395.82
395.82|351.00|
|Depreciation Expense|9,223.20
9,223.20|5,714.00|
|Donation Processing fees|0.00
0.00||
|Employers National Insurance|2,920.16
2,920.16||
|Entertainment-100% business|0.00
0.00||
|Equipment|599.44
599.44|2,016.00|
|General Expenses|485.36
485.36|5,265.00|
|Insurance|0.00
0.00|2,862.00|
|IT Software and Consumables|421.20
421.20|903.00|
|Legal Expenses|0.00
0.00||
|Light, Power, Heating|5,200.64
5,200.64|4,216.00|
13
|**Annual Report 2020**|||
|---|---|---|
|Motor Vehicle Expenses|0.00
0.00|2,467.00|
|Operating Lease Payments|0.00
0.00||
|Pensions Costs|1,192.00
1,192.00||
|Postage, Freight & Courier|0.00
0.00||
|Provision for Bad Debts|1,947.00
1,947.00||
|Printing & Stationery|134.35
134.35|1,257.00|
|Professional Fees|0.00
0.00|25,748.00|
|Provisions|195.63
195.63||
|Rates|116.71
116.71||
|Rent|2,400.00
2,400.00||
|Repairs & Maintenance|344.31
344.31|10,535.00|
|Salaries|79,757
79,757|80,935.00|
|Staff Training|0.00
0.00||
|Staff travel|0.00
0.00||
|Subscriptions|0.00
0.00||
|Telephone & Internet|473.22
473.22|747.00|
|Volunteer Travel|21.00
21.00|1,132.00|
|**Total Administrative Costs**|**0.00**
**105,828**
**105,828**|**144,557.00**|
|**Operating Profit**|**(43,806.68)**
**(76,692)**
**(120,498)**|**(69,081.00)**|
|**Other Income**|||
||||
|Grants|43,806.68
129,353
173,159|112,543.00|
|**Total Other Income**|**43,806.68**
**129,353**
**173,159**|**112,543.00**|
|**Profit on Ordinary Activities Before**
**Taxation**|**0.00**
**52,661.15**
**52,661.15**|**43,462.00**|
||||
|**Profit after Taxation**|**0.00**
**52,661.15**
**52,661.15**|**43,462.00**|
14
**Annual Report 2020**
## **1.1 Basis of accounting**
|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|
|---|---|---|---|---|
|
**1.1 Basis of accounting**|||||
|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to
these accounts.|||||
|The accounts have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the
Charities Act 2011.|||||
|**Accounting policies**|||||
|**2.2 INCOME**|||||
|**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:||||
||• the charity becomes entitled to the resources;||||
||• it is more likely than not that the trustees will receive the resources;||||
||• the monetary value can be measured with sufficient reliability.||||
||||||
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.||||
|**Gt d dti**|Gt d dti l ildd i th SFA h th l i iti iti t 510 t 512 FRS102 SORP||||
|**rans an onaons**|rans an onaons are ony ncue n e o wen e genera ncome recognon crera are me (. o . ).||||
|**Tax reclaims on**|Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is
||||
|
**donations and gifts**|considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal
have specified otherwise.||||
||
||||
|**Support costs**|The charity has incurred expenditure on support costs.||||
|**Vlt hl**|The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report and Social Impact||||
|**ouneer ep**|Calculation.||||
|**2.3 EXPENDITURE AND LIABILITIES**|||||
|**Libilit iti**|Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources
||||
|**ay recognon**|and the amount of the obligation can be measured with reasonable certainty.||||
|**Governance and**
|Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public
||||
|**support costs**|accountability of the charity and its compliance with regulation and good practice.||||
||Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g.
allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.||||
|**Grants with**
**performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only
recognised in the SoFA once the recipient of the grant has provided the specified service or output.||||
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade discounts.||||
|**2.4 ASSETS**|||||
|**Tangible fixed assets**
**for use by charity**|These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost. Assets have been depreciated
using the Straight Line method., over a period of five years.||||
|
**Dbt**|
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount||||
|**eors**|advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.||||
15
|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**||||||||
|---|---|---|---|---|---|---|---|---|---|
|
**Support Staff Costs**||||||||||
||||||**This year**||**This Year**||**Last year**|
|||||**Unrestricted**|||**Restricted**||**£**|
|Salaries and wages - Core Staff(Support Costs)|||||79,757||||34,587|
|Salaries and wages - Project Staff(Charitable Activities)|||||3,251||40,471||41,007|
|Employers NI|||||2,920||||4,416|
|Pension costs(defined contributionpensionplan)|||||1,192||||925|
|Total staff costs|||||87,120||40,471||80,935|
|No employees received anyemployee benefits(excludingemployerpension costs)for the reporting period.||||||||||
|Number of Employees|||||**This year**||**This Year**||**Last year**|
|||||**Unrestricted**||**Restricted**
**(Project Leads)**|||**Number**|
|Fundraising||||||||||
|Charitable Activities||||6||1|||3|
|Support & Governance||||3|||||5|
|||**Total**||9||1|||9|
|**Defined contribution pension scheme**||||||||||
|Aspire operate a Defined Pension Scheme,provided byNEST, £1,192 has been recognised as employer contributions within the SOFA as an expense.||||||||||
|**Trustee Remuneration**||||||||||
|**Trustee remuneration and benefits**||||||||||
|None of the trustees have beenpaid anyremuneration or received anyother benefits from an employment with the charityor a related entity.||||||||||
|**Trustees' expenses**||||||||||
|No Trustees have been reimbursed for out ofpocket expenses incurred.||||||||||
||||||||**This year**||**Last year**|
|Type of expenses reimbursed|||||||**£**||**£**|
|Travel||||||||||
|Subsistence||||||||||
|Accommodation||||||||||
|Conference||||||||||
|TOTAL|||||||0||0|
16
**Annual Report 2020**
## **Movement in Charity Funds**
Details of material funds held and movements during the current reporting period
|**Fund name**|**Type of Fund**|**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Fund**
**balances**
**carried**
**forward**|
|---|---|---|---|---|---|---|
||||**£**|**£**|**£**|**£**|
|General|Unrestricted|General Income &
Expenditure|56,762|229,642|176,981|109,422|
|Ryde Unite|Restricted|Ryde wide appeal|0|2,800|2,800|0|
|Institute of Physics - British Science Week|Restricted|Physics week -
planitarium|0|500|500|0|
|Artswork Ltd - Lets Create Packs Ryde/Pan|Restricted|Art packs for young
peple|0|1,000|1,000|0|
|High Sheriff Trust - FoggingMachine|Restricted|Fogging machine
for softplay|0|500|500|0|
|National Lottery- Communityconnector|Restricted|Half year funding
for community
connector|0|13,333|13,333|0|
|Ryde Town Council - Community Connector|Restricted|Half year funding
for community
connector|0|20,000|20,000|0|
|Independence at Home - Scooter|Restricted|Pass throughgrant|0|289|289|0|
|Isle Of Wight CountyCouncil - Supported a|cRestricted|Supported
volunteering|0|3,684|3,684|0|
|isle of Wight Council - Food Grant|Restricted|Christmas food
activites|0|4,500|4,500|0|
|**Total Funds as per SOFA and balance sheet**|||**56,762**|**276,248**|**223,588**|**109,422**|
17
**Annual Report 2020**
||**Tangible fixed assets**||||||
|---|---|---|---|---|---|---|
|||**Office Equipment**||**Motor**
**Vehicles**
**Fixtures,**
**fittings and**|**Property**|**Total**|
|||||**equipment**|||
|||**£**||**£**
**£**||**£**|
||Cost B/f||5,732|8,500 30,983|90,000|135,215|
||Additions||349|||349|
||As at 31st December 2020||6,081|8,500 30,983|90,000|135,564|
||**Depreciation**||||||
||**Depreciation is calculated on Straight Line Basis, over a period of 5 years for Motor Vehicles, fixtures and fittings and Computer**||||||
||**Server Equipment. Property is depreciated over 50**||**years.**||||
||**Depreciation Charge**|**Office Equipment**||**Motor**
**Vehicle**
**Fixtures and**
**Fittings **|**Property**|**Total**|
||Depreciation b/f||3,027|5,100 4,044|-|12,171|
||Charge inyear 2020||1,146|1,700 6,377|-|9,223|
|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|**Annual Report 2020**|
|---|---|---|---|---|---|---|---|
|
**Tangible fixed assets**||||||||
||**Office Equipment**|**Motor**
**Vehicles**||**Fixtures,**
**fittings and**
**equipment**||**Property**|**Total**|
||**£**|**£**||**£**|||**£**|
|Cost B/f|5,732|8,500||30,983||90,000|135,215|
|Additions|349||||||349|
|As at 31st December 2020|6,081|8,500||30,983||90,000|135,564|
|**Depreciation**||||||||
|**Depreciation is calculated on Straight Line Basis, over a period of 5 years for Motor Vehicles, fixtures and fittings and Computer**
**Server Equipment. Property is depreciated over 50 years.**||||||||
|**Depreciation Charge**|**Office Equipment**|**Motor**
**Vehicle**||**Fixtures and**
**Fittings **||**Property**|**Total**|
|Depreciation b/f|3,027|5,100||4,044||-|12,171|
|Charge inyear 2020|1,146|1,700||6,377||-|9,223|
|As at 31st December 2020|4,173|6,800||10,421||-|21,394|
|||||||||
|**Net book value**|**Office Equipment**|**Motor**
**Vehicle**||**Fixtures and**
**Fittings **||**Property**|**Total**|
|Net Book Value as 31st December 2019|2,705||3,400||26,939|90,000|123,044|
|Net Book Value as 31st December 2020|1,908||1,700||20,562|90,000|114,170|
|**Debtors and prepayments**||||||||
|**Analysis of debtors**|||**This year**||**Last year**|||
||||**£**||**£**|||
|**Trade debtors**|||4,918||10,769|||
|**Prepayments and accrued income**||||||||
|**Other debtors**||||||||
||**Total**||4,918||10,769|||
|**Creditors and Accruals**||||||||
|**Amounts falling due within one year**||||||||
|**Analysis of creditors**|||**This year**||**Last year**|||
||||**£**||**£**|||
|**Accruals and Deferred Income**|||98,814|||||
|**Trade creditors**|||4,425||22,870|||
|**Taxation – PAYE/NI**|||1745||15|||
|**Other creditors**|||152||129|||
||||105,136||23,014|||
|||||||||
||||**This year**||**Last year**|||
|**Analysis of Provisions**|||**£**||**£**|||
|Provision for bad debt|||3,333||1,386|||
|||||||||
|**Other Liabilities**||||||||
|Blanche Johnson Memorial Fund – Aspire are actingas Trustees for Grants to|||||be awarded to the Wight Diamonds Synchro Squad.|||
|||||||||
|**Cash at bank and in hand**||||||||
||||**This year**||**Last year**|||
||||**£**||**£**|||
|**Bank Accounts**|||184,574||34,438|||
|**Paypal**|||0||162|||
|**Petty Cash and Till float**|||50||91|||
|**Total**|||184,624||21,101|||
18
**Annual Report 2020**
## **Our financial supporters**
We would like to thank everyone who funds our work including regular donors, everyone who attends our groups, buys from our charity shop or café and who used our soft play facility.
We would particularly like to thank Jamie Winterbottom and Xander Huber for sailing around the Island and raising over £17,000 for Aspire in the process
We have also been fortunate to receive
funding this year from the following organisations:
|**Funder**|**£**|
|---|---|
|Ryde Town Council|40,000|
|The National Lottery|40,000|
|Isle Of Wight County Council-Business Support Grants|38,334|
|Isle of wight county council-covid services|37,701|
|Power to Change|20,000|
|Government Furlough Support|11,667|
|Community Action Isle of Wight-Coronavirus response|9,481|
|HIWCF|8,970|
|Police and Crime Commissioner|7,785|
|Sovereign Housing|7,511|
|Southampton City Council-Suicide Prevention Grant|7,343|
|Isle of Wight Foundation|6,730|
|CAF-Martin Lewis Corona Virus Fund|6,000|
|CAF-Coronavirus Emergency Fund|5,500|
|Isle Of Wight County Council-ACL Grant 2019-20 (2 of 2)|1,930|
|Artswork Ltd-Lets Create Packs Ryde/Pan|1,000|
|Community Action Isle of Wight-Support for Covid Resilience Worker|1,000|
|The Rank Foundation|750|
|BSA-Sewing Machine Grant|500|
|Institute of Physics-British Science Week|500|
|High Sheriff Trust|500|
|Neighbourly-Coronavirus Grant|400|
|Independence at Home-Scooter|289|
|**Total**|**253,890**|
We also receive lots of support from businesses in the local community who offer their services for free including this year from Biffa Waste Services, Island Fire Alarms and The Rod Father