2022-12-31-accounts - Aspire Ryde

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	Page
Report ofthe Trustees	1to13
Report ofthe Independent Auditors	14to16
Statement of Financial Activities	17
Balance Sheet	18to19
Cash Flow Statement	20
Notes tothe Cash Flow Statement	21
Notes tothe Financial Statements	22to30

Mr Robert (Bob)White - Chair	Mr Robert (Bob)White - Chair
Mr Nicholas England —Vice	Chair
Mr Andrew Gardner —Treasurer		(resigned 7th November	2022)
Mrs Lara Sussman
Mrs Beverley Jessop
Mr lan Pratt (resigned 4th February 2022)
Mr Nick Mulhern
Mr Mike Drinkwater
Rev Peter Leonard (resigned	10th January 2022)

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						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
INCOME AND	ENDOWMENTS	FROM	Notes			5
Donations and legacies				190,105	101,511	291,616	339.536
Charitable activities
Living Well and Other Chadnable	Early Help Services Activities			537,093 82,127		537,093 82,127	54,162
Other trading activities			3	67,594		67,594	48,851
Total				876,919	101,511	978,430	442,549
EXPENDITURE	ON
Raising funds				14,397		14,397	8,831
Charitable activities
Living Well and Early Help Services				419,369		419,369	184,683
Chadtable Activities funded by Grants				7,316	89,285	96,601	200,279
Other Charitable	Activities			422,738		422,738
Total				863,820	89,285	953,105	393,793
NET INCOME				13,099	12,226	25,325	48,756
IIECPNCJLIATIOti PF FUNDS
				242,915		242,915	194,159
TOTAL FUNDS	CARRIED FORWARD			256,014	12,226	268,240	242,915

						2022	2021
				Unrestricted	Restricted	Total	Total
FIXEDASSETS			Notes	funds f	funds f	funds f	fundsf
Intangible assets				10,492		10,492	?0,984
Tangible assets			13	414,504		414,504	115,248
				424,996	~	424,996	136,232
CURRENT ASSETS
Debtors			14	156,452		156,452	23,753
Cash at bank and	in hand			118,454	~12226	130,680	152,500
				274,906	12,226	287,132	176,253
CREDITORS
Amounts falling due	within	one year	15	(163,751)		(163,751)	(68,487)
NET CURRENT ASSETS				111,155	12,226	123,381	107,766
TOTAL ASSETS LIABILmES	LESS	CURRENT		536.151	12,226	548,377	243,998
CREDITORS
Amounts falling due	after more than one year		16	(280,137)		(280,'137)	(1.083)
NETASSETS				256,014	12,226	268,240	242.915
FUNDS			18
Unrestricted funds						256,014	242,915
Restricted funds						12,226
TDTALFUNDS						268,240	242,915

	Notes	2022	2021
		E
Cash flows from operating activities
Cash generated from operations		9,283	12,091.
Net cash provided by operating activities		9,283	12,091
Cash flows from investing activities
Purchase ofintangible fixed assets Purchase oftangible fixed assets		~310603)	(31,476) ~(12738)
Net cash used in investing activities		(310,603)	(44,214)
Cash flows from finandng activities
New loans in year		~279500
Net cash provided by financing activities		~279500
Change in cash and cash equivalents	in
the reporting period Cash and cash equivalents atthe beginning ofthe reporting period		(21,820) 152,500	(32,123) 184,623
Cash and cash equivalents atthe end	of
the reporting period		130,680	152,500

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM	OPERATING
	ACflVITIES
	Net income for the reporting Financial Activities) Adjustments for.	period (as per the Statement	of	2022f 25,325	2021 E 48,756
	Depreciation charges			21,838	22,152
	Increase in debtors Increase/(decrease) in creditors			(132,69$ 94,819	(22,166) (36,651)
	Net cash provided by operations			9,283	12,091
2.	ANALYSIS OF CHANGES IN NET	FUNDS/(DEBT)
	Net cash	At1.1.22 f		Cash flow E	At31.12.22 f
	Cash at bank and in hand	152,500		(21,820)	130,680
		152,500		(21,820)	130,680
	Debt
	Debts falling due within 1 year Debts falling due after 1year			(445) (279,054)	(445) (279,054)
				(279,499)	(279,499)
	Total	152,500		(301,319)	(148,819)

			2022	2021
			E	E
Donations			52,464	34,706
GIRaid			2,361	1,979
Grants			236,791	300,798
CJRSgrants				2,054
			265,545	339.537
Grants received, included	in the	above, are as follows:
			2022	2021
			E	E
Other grants			236,791	300,798
			2022	2021
			E	E
Architectural Heritage fund				20,860
Community Action IW Daisie Rich Good Exchange Hampshire County Council HIWCF Isle OfWight County Council Isle ofWight Foundation National Lottery NHS Isle ofWight Office ofthe PCCfor Hampshire Ryde Town Council Southampton City Council Sovereign Housing Association Other Grants		&loW	9,417 5,679 40,528 3,588 96.698 13,333 2,777 31,559 8,087 28,124	16,508 4,000 5,511 15,894 98,523 3,230 26,666 6,666 7,785 71,775 9,247 2,500 11,633
			236.791	300,798

3.	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
						2022f	2021f
	Trading sales					42,053	41,595
	Hire rooms					25,S41	7,256
						67,594	48,851
4.	INCOME FROM CHARITABLE ACTIVITIES
			Activity			2022f	2021f
	Chadtable Activities	In«ome	Living Well and	Early Help	Services	537,093
	Charitable Activities Income		Other Charitable	Activities		82,127	54,162
						619~0	54,162
5.	RAISING FUNDS
	Raising donations and legacies
						2022f	2021
	Staffcosts Costs ofraising funds					12,266 2,131	8,592 239
						14,397	8,831
6.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costsf	note 7jf	Totalsf
	Living Well and Early	Help Services Other Charitable			419,369		419,369
	Activities Charitable Activities funded Other Charitable Services		by Grants		96,601 339,887	82,851	85/40 422,738
					855,857	82,851	938,708

SUPPORT COSTS
			Information
		Managementf	technology 6	Marketing E
Other Charitable Act(vlties		42,664	8,607	866
			Governance
		Other	costs	Totals
Other Charitable Act(vltles		E 2~3974	E ~6740	E 8~2851
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated alter charging/(crediting):
			2022	2021
				E
Depreciation - owned assets Development costs amortisation Auditors/Independent examiner		remuneration	11,346 10892 4,600	'I1,661 10,492 750

		2022	2021
			6
Wages salaries security Other	and Social costs pension	551,915 26,105 7,908	210,634 5,698 1,966
costs		585,928	218,298

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fundsf	fundsf	fundsf
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			139,258	200379	339,537
	Charitable activities
	Other Charitable ActMties			54,162
	Other trading activities			~48851		~48851
	Total			242,270	200,279	~442 549
	EXPENDITURE ON
	Raising funds			8,831		8,831
	Charitable activities
	Charitable Activities	funded	by		200,279	200,279
	Grants Other Charitable	Activities		184,063		184,063
	Total			193,514	200,279	393,793
	NET INCOME			48,756		48,756
	RECONCILIATION OF FUNDS
	Total funds brought forward			194,159		194,159
	TOTAL FUNDS CARRIED FORWARD			242,915		242,915
12.	INTANGIBLE FIXEDASSETS
					Development
						costsf
	COST
	At 1stJanuary 2022 and
	31stDecember 2022					31,476
	AMORTISATION
	At 1stJanuary 2022					10,492
	Charge for year
	At 31stDecember 2022					20,984
	NET BOOKVALUE At 31st December 2022					'I0,492
	At31st December 2021					20,984

TANGIBLE FIXEDA	SSETS
				Fixtures
		Freehold property	Long leasehold	and Ettings
		E
COST At 1stJanuary 2022 Additions		90,000	280,376	43,722 11,603
At 31st December 2022		90,000	280,376	55,325
DEPRECIATION At 1stJanuary 2022 Chargeforyear				19,166 10,040
At 31stDecember 2022				29,206
NET BOOK VALUE At 31st December	2022	90,000	280,376	26,119
At 31st December 2021		90,000		24,556
		Motor	Computer
		vehicles	equipment	Totals
		E	E	E
COST At 1stJanuary 2022		8,500	6,081	148,303
Additions		16,195	2,429	310,603
At31st December 2022		24,695	8,510	458,906
DEPRECIATION
At 1stJanuary 2022 Charge foryear		8,500 IL10	5,390 ~46	33,056 ~11
At 31st December 2022		9,310	5,886	44,402
NET BOOK VALUE At 31st December	2022	15,385	2,624	414,504
At 31st December 2021			691	115,247

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			2022	2021
				E
Trade debtors			110,021	4,515
Other debtors			30,092	9,957
Prepayments and accrued		income	16,339	9,281
			156,452	23,753
CREDITORS; AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2022	2021
			6	E
Bank loans and overdralts		(see note 1/)	445
Trade creditors			4,511	5,572
Social security and other	taxes		10,494	6,399
VAT			33,531
Other creditors			3,611	460
Accruals and deferred income			126,069	56,056
			178,661	68,487
CREDITORS:AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
			2022	2021
			E
Bank loans (see note 17)			279,054
Other creditors			1,083	1,083
			280,137	1,083

		2022f
Amounts falling due within	one year on demand:
Bankloans
Amounts falling between one Bank loans - 1-2years	and two years:	4,537
Amounts falling due between Bank loans - 2-5years	two and five years:	15,857
Amounts falling due in more than five years:
Repayable by Instalments:
Bank loans more 5yr by instal		258,660

			Net	Transfers
Unrestricted funds		At 1.1.22 E	movement in funds E	between funds E	At 31.12.22
General fund		158,179	13,099	(60,761)	110,517
Revaluation reserve Fixed Assets Designated	Reserves	84,736			84,736
		242,915	13,099		256,014
Restricted funds
Wave 105Cash for Kids-			1,702		1,702
Help with Heating Fund- Hewland Trust-			5,994 ~45 0		5,994 4530
			12,226		12'
TOTAL FUNDS		242,915	25,325		268,240
Net movement in funds,	included	in the above are as
follows:			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted funds
General fund			876,919	(863,820)	13,099
Restricted funds
Restricted Grants			85,440	(85,440)
Wave 105Cash for Kids			2,402	(700)	1,702
Help with Heating Fund Hewland Trust			8,000 5,669	(2.006) (1,'139)	5,994 4.530
			101,511	(89,285)	12,226
TOTAL FUNDS			978,430	(953,105	25,325

Comparatlv		s for move	ment in funds
					Net
					movement	At
				At1.1.21 f	in funds 5	31.12.2 1f
Unrestricted General fund		funds		109,423	48,756	158,179
Revaluation	reserve			84,736		84,736
				1.94,159	48,756	242,915
TOTAL FUNDS				194,159	48,756	242,915
Comparative		net movement	in funds, included	in the above are as
follows:				incoming	Resources	Movement
				resources E	expended E	in funds f
Unrestricted General fund		funds			(193,514)	48,756
Restricted funds
Restricted Grants				200,279	(200,279)
TOTAL FUNDS				442,549	(393,793)	48,756