**Charity registration number 1177031**
**ASPECT LIVING FOUNDATION (Charitable Incorporated Organisation)**
**TRUSTEES’ REPORT AND FINANCIAL STATEMENT**
**FOR THE YEAR ENDED 30 APRIL 2025**
SCB (Accountants) Limited 31 Sackville Street, Manchester, M1 3LZ
**ASPECT LIVING FOUNDATION**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
|**Charity number**|1177031|
|---|---|
|**Principal address**
|31 Pembroke Close|
||Ipswich|
||Suffolk|
||England|
||IP2 8PE|
|**Website**|www.aspectliving.org.uk|
|**Auditor**|SCB (Accountants) Limited|
||31 Sackville Street,|
||Manchester,|
||M1 3LZ|
|**Trustees**
|Miss TJ Arisrtodemou - (appointed on 01 May 2018)|
||Miss S Sharlott (appointed on 01 February 2018)|
||Miss S Renaut (appointed on 01 February 2018)|
||Miss L Kemp (appointed on 01 February 2018)|
||Mr L Taylor – Chairman (appointed on 01 February 2018)|
|**Key management personnel**
|Miss TJ Arisrtodemou - Chief Executive Officer|
**ASPECT LIVING FOUNDATION**
## **CONTENTS**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
||**Page**|
|---|---|
|**Trustee's report**|**1 - 7**|
|**Statement of trustees' responsibilities**|**7-8**|
|**Independent auditor's report**|**9 - 11**|
|**Statement of financial activities**|**12**|
|**Balance sheet**|
**13**|
|**Statement of cash flows**|
**14**|
|**Notes to the financial statement**|**15 - 26**|
**ASPECT LIVING FOUNDATION TRUSTEES’ REPORT**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
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 governing document, the Charities Act 2011 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)" (effective 1 January 2019).
## **Meals on Wheels - where it all started**
The description “Meals on Wheels” was first used in 1943. It was during the second World War. English towns and Cities were being bombed, and a group of women realised the service was needed to help those in need. Those Woman were the Woman’s Voluntary Service, later to become the Royal Voluntary Service (RVS). Aspect Living Foundation was formed to take over this service in Suffolk when RVS stopped offering it in May 2018.
## **What makes Aspect Living Foundation unique?**
- Our heritage can be traced back to the original Meals on Wheels, started in 1943.
- We Undertake a Health & Wellbeing check on every Customer.
- If required, we will plate up the meals, and ensure the recipient has a drink available.
- We are exempt from VAT, because of the Health & Wellbeing check.
- We are a vital part of Social Care in Suffolk, recognised by the NHS
- ALF delivers Meals 365 days-a-year
- All the ALF Team have Advanced DBS checks and are continually updating all required Safeguarding, Equality and Data Protection Training.
## **Aspect Living Foundation**
In ALF’s seventh year of trading we continued to build on our partnerships with D.I.S.T (Dementia Intense Support Team), The Red Cross, REACT (NHS Admission avoidance Team), INTs (Integrated Neighbourhood Team), SCC-ACC (Suffolk County Council Adult and Community workers), ESC (East Suffolk Council), Sue Ryder, Ipswich Hospital and West Suffolk Hospital, with whom we work together to support the health and well-being of all customers, with the aim of hospital admittance/readmittance avoidance and supported living independence in their own homes.
Once again in December the very generous Staff of the national BT Research Establishment at Martlesham on the outskirts of Ipswich Donated Gifts at their Giving Tree, these were delivered to all our customers who were alone and received Meals over the Christmas period.
## **Value Added Taxes and Other Taxes**
ALF is exempt from VAT because we are not just a hot meal service, we also provide a Health and Wellbeing check on every visit, which is very beneficial for Customers who do not have this extra expense. Suffolk is a very rural county which means there can be long distances between Customers, but nevertheless all pay the same subsidised price for their Meal. When our Driver/Support Worker calls they will ensure nothing is amiss. They will plate up the meal if necessary and ensure the customer has a drink available, before moving on. If they are unable to speak to the Customer, the Office will contact the next-of-kin or emergency services as required, until a satisfactory explanation is received.
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**ASPECT LIVING FOUNDATION TRUSTEES’ REPORT (CONTINUED)**
_**FOR THE YEAR ENDED 30 APRIL 2025**_
## **Objectives and activities**
The relief of those in need by reason of age in Suffolk and the surrounding area by the provision of a meals on wheels service to assist elderly people who are unable to prepare hot, nutritious meals themselves thereby helping them to live independently in their own homes.
The promotion and protection of good health among elderly people in Suffolk and the surrounding area by the provision of at home assistance to elderly people on discharge from hospital, working in collaboration with partners to help avoid hospital readmissions and to enable a return to independent living.
Aspect Living Foundation (ALF) carries out its charitable purposes principally via the provision of a Meals on Wheels service for the relief of those in need by reason of age. Access to the service will depend on the fulfilment of the criteria this covers the ability and need of the Service user i.e., Age, Dementia, cognitive function, mobility and if they are unable to prepare hot, nutritious meals themselves. This Service will also include a health and wellbeing check thereby helping them to live independently in their own homes.
We deliver hot meal service which operates 7 days per week, 365 days a year, and seeks to support elderly and vulnerable people to continue to live in their own homes and help keep them independent and reduce social isolation and malnutrition.
We have a wide and varied menu choice which can be completely personalised to suit most tastes, including vegetarian, gluten free, diabetic, or just favourites.
We can also provide a tea pack for the evening provision at the same time as delivering the hot meal, we can bring a sandwich, salad or wrap, along with a cake or cold dessert.
Our service is flexible and can be taken any number of days per week, as an on-going delivery option or just to help someone get over a recent hospital discharge or ill health, or even whilst regular carers are on holiday. There is no commitment and customers can stop/start at any time. Customers can normally start receiving our service within 24 hours of contacting us.
Each day starts at 7:30am for Office and Kitchen Staff. There are Meals to prepare, rounds to organise and New Customers to include. In a typical month we take on sixty new Customers, and this is very timeconsuming as we need a great deal of information to ensure we can cater for every one of our 550 Customer’s individual needs. In addition, Customers can update their requirements before 9.00am, to be effective that day, and as a result Rounds vary every day.
ALF now has a Fleet of twenty-one Vehicles for delivering Meals, and a pool of 65 Driver/Support Workers and Volunteers to call on. Meals are delivered to Customers between 11.30am and 2.15pm every day of the year. This is a complex logistical operation which usually runs very smoothly, unless, for example, the Orwell Bridge is closed because of high winds, when this impacts on every other road in the area.
At all ALF quarterly meetings, we keep in mind the Charity Commission’s guidance on public benefit.The Trustees confirm they have referred to the Charity Commission guidance on public benefit when planning the charity’s activities. Aspect Living Foundation’s principal activity — the provision of a Meals on Wheels and Health & Wellbeing check service — directly relieves elderly persons in Suffolk who cannot prepare meals and reduces hospital admissions by providing post-discharge support. These activities provide public benefit by promoting health, reducing social isolation and supporting independent living.
We employ 47 staff and 24 volunteers each one of them are dedicated, caring people all with the same objective to support the elderly and vulnerable to live independent.
The Organisation would not be able to offer such a vital service without the valuable contribution of time, care, and dedication from the ALF team.
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**ASPECT LIVING FOUNDATION TRUSTEES’ REPORT (CONTINUED)**
_**FOR THE YEAR ENDED 30 APRIL 2025**_
To establish the business ALF relied heavily on Personal Finance and Personal Guarantees, as well as very generous Grants from a number of organisations. A charity has no Directors, Shareholders or Owners; all earnings are reinvested in the business, and ALF is very grateful to the Private individuals who had faith in this undertaking and pledged their money to support us. In Year six ALF is sufficiently established and has no debts.
## **Principal risks and uncertainties**
The trustees maintain a risk register and the principal risks are: (a) Service continuity (fleet and drivers) — mitigated by fleet maintenance programme and pooled driver bank; (b) Safeguarding — mitigated by DBS checks and mandatory training; (c) Funding volatility — mitigated by diversified income and reserves; (d) Food safety — mitigated by HACCP and staff training; (e)Regulatory/compliance — mitigated by professional advice and external audit. The register is reviewed quarterly.
## **Significant activities**
There are several factors which prevent malnutrition, hospital admission/readmission and a nutritious meal ever day can help particularly when delivered with a smile.
Social isolation is one of the major contributors to limiting life expectancy and our friendly and approachable drivers/ Support Workers get to know our customers and spend a bit of time chatting to them as part of our service.
We find this encourages our customers to eat and helps us to recognise when any small change suggests we should alert next of kin or relevant health or social care professionals where we have concerns or if our customers ask us to.
Statistics show that 43% have dementia or other cognitive disease and would be unable to stay in their own homes without such services as Meals on Wheels. All of ALF’s Drivers/Support Workers are ‘Dementia Friends’.
We have found that we are not only supporting the receiver of the meals but the families as they now know that their loved one is receiving a hot main meal and a visit from someone else to check that they are safe and well.
Working in partnership with the different support groups we have been able to not only ensure the safety and well- being of the customer but also ‘signpost’ the relatives or family carers to different organisations that can offer support.
Due to Suffolk being very rural many elderly people will not have any human contact at all during the day therefore social isolation being one of the major problems resulting in depression and malnutrition. Relatives have commented that their loved one is not only healthier from the meals but also happier as they are seeing someone that they can talk to on a daily basis.
We have on numerous occasions, been to deliver a meal and found customers unwell and in need of medical help or on the floor as a result of a fall, being able to assist in getting them the support and help needed is not only a great help to themselves it is a relief to the relative’s/family that someone is going into them. We pride ourselves on not just bring a nutritious meal but being there for someone to talk to, an aide or any support we are able to provide.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
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**ASPECT LIVING FOUNDATION TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **Achievements and performance**
## **Financial review**
Our ‘Hospital to Home’ project is funded by local funders, we liaised with Suffolk Community Foundation, an “umbrella” charity which invites Donations from local individuals and businesses, and then directs these funds to worthwhile causes.
The H2H project is a 7-day care package consisting of a hot main and dessert lunchtime meal and tea pack for the evening provision. The driver also completes a health and wellbeing check to ensure that the customer has the support needed. This is free of charge to the customer and enables them to get back into independent living and back into the community. Discharge Teams from all hospitals in Suffolk who have patients that are ready to be discharged but have no support network, can refer them for the 7-day H2H project knowing that the customer will be supported, this in turn helps the NHS free up much needed beds for further patients. We have been able to evident that this has prevented readmissions in some customers which proves the Project is successful, therefore we are hoping to continue the project into year seven.
## **Reserve Policy**
Our operating reserve is intended to provide an internal source of funds for situations such as a sudden increase in expenses, one time unbudgeted expenses, unanticipated loss in funding, or uninsured losses.
The reserve may also be used for one-time, non recurring expenses that will build long-term capacity, as staff development, research and development, or investment in infrastructure.
Reserves are not intended to replace a permanent loss of funds or eliminate an ongoing budget gap. It is the intention of Aspect Living’s reserves to be used and replenished within a reasonably short period of time.
The reserve policy will be implemented in concert with our other governance and financial policies and is intended to support the goals and strategies contained in these related policies and in our strategic and operational plans.
Even though there is a charge for the meals provided to the customer this does not cover all cost due to the rurality of the Suffolk area and therefore a small subsidy must be made by ALF. We have been lucky enough to have had the support of some local grants, The Lottery Community Fund which has enabled us to reach out and support more elderly and vulnerable in the rural areas of Suffolk.
We have used any funding to promote awareness of our service with the aim to expand into more rural areas therefore making these areas more financially viable.
The trustees have established a reserves policy to ensure the charity can meet its ongoing obligations. The target level of free reserves is £350,000 (equivalent to approximately 3 months of operational costs), which provides sufficient cover in the event of reduced income or unexpected expenditure. Free reserves at 30 April 2025 were £413,697. The trustees review the level of reserves at least annually.
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## **ASPECT LIVING FOUNDATION**
**TRUSTEES’ REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **Start-up Finance**
In early 2018, when ALF was being conceived, the charity of course had no published accounts or credit history. Nevertheless, two benefactors came forward and offered open-ended, unsecured Loans to the charity totalling £55,000 from their personal savings.
Without this finance ALF would not have been able to take over the vital Meals on Wheels service.
By November 2021 ALFs finances had improved so dramatically that the charity was able to repay the remainder of these funds and is now “debt-free”. Aspect Living Foundation wishes to record its heartfelt thanks for the confidence shown in its ability to improve and diligently manage Meals on Wheels Suffolk successfully.
## **Year Seven**
Our ‘Hospital to Home’ project is funded by local funders, we liaised with Suffolk Community Foundation, an “umbrella” charity which invites Donations from local individuals and businesses and then directs these funds to worthwhile causes.
The H2H project is a 7-day care package consisting of a hot main and dessert lunchtime meal and tea pack for the evening provision. The driver also completes a health and wellbeing check to ensure that the customer has the support needed. This is free of charge to the customer and enables them to get back into independent living and back into the community. Discharge teams from all hospitals in Suffolk who have patients that are ready to be discharged but have no support network, can refer them for the 7-day H2H project knowing that the customer will be supported, this in turn helps the NHS free up much needed beds for further patients. We have been able to evident that this has prevented readmissions in some customers which proves the project is successful, therefore we are hoping to continue the project into year seven.
We are a strong organisation, and, like a lot of organisations, have been through a lot if the first six years of our life as a charity but on the plus side, we have achieved so much: -
## **From 22nd May 2018 – 9th April 2025**
## **Meals Delivered 908332**
## **People Supported 129762 (over 7 days meal delivery)**
## **Vehicles Owned 22**
This has all been made possible due to the ALF Team on the ground who do an amazing job supporting the lovely people that have our Service, the Trustees that offer a massive amount of support to me and the charity and keep me grounded, all the Organisations that have believed in us from day one and the Benefactors that loaned the ALF the money to start this vital and rewarding service.
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**ASPECT LIVING FOUNDATION TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **Plans for future periods**
## **Facing the Future with Confidence**
ALF finished this Seventh Financial Year in a strong financial position, and able to look forward to the future with confidence. The H2H project is continuing into year 6 and we are hoping for it to be indefinite as not only does it alleviate pressure on the NHS but really supports the elderly get back into the community and independent living.
ALF - Meals on Wheels Suffolk is so much more than a meal delivery service, so many elderly and vulnerable people would not be able stay independently in their own homes without it. As we all move into later life and we can't do the things we used to be able to, or God forbid we get Alzheimer's or Dementia, and we can't cook, go to the supermarket, use a laptop to order online and have no family members to help us! The next move is a nursing home, care home or hospital. I don't know about you but moving house at a 'fit' age is stressful enough, imagine, being elderly and having to give up all that's near and dear to you; memories from way back when and even a loving pet which has been your only company for the past few years, to move into one room in a place full of strangers and have your privacy ripped from beneath you.
## THAT'S how important Meals on Wheels is, keeping our elderly independent!
We are not JUST a meal service; we are a visit to someone during the day to check all is ok, a friendly face to chat to so they know they are not alone, a contact to the outside world however weird or wonderful it is, and in these times, the lucky ones who do have family, a reassurance for their loved ones and lastly a lovely hot meal and delicious dessert plated and placed in front of them with a drink to ensure they get the nutrition they need.
We are all looking forward to supporting many more elderly and vulnerable to stay happy, healthy, and independent in their own homes.
## **Structure, governance and management**
## **Governing document**
Aspect Living Foundation is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission (registration no. 1177031). The charity is controlled by its governing document and foundation model constitution.
There is a Data Protection and Safeguarding policies in place. DBS checks are carried out and reference checks prior to commencement of employment in line with the statutory requirements and all the Team are regularly reviewed and updated on all and any amendments.
Aspect Living Foundation (ALF) is partnered with D.I.S.T (Dementia Intense Support Team), The Red Cross, REACT (NHS Admission avoidance Team), INT’s (Integrated Neighbourhood Team), SCCACC (Suffolk County Council Adult and Community workers), ESC (East Suffolk Council), Sue Ryder, Ipswich Hospital and West Suffolk Hospital whom we work together to support the health and wellbeing of all customers with the aim of hospital avoidance and supported living independent in their own homes.
The Trustees have a quarterly meeting in which all matters in consideration of the wellbeing of the charity, customers, staff, and volunteers are met.
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## **ASPECT LIVING FOUNDATION**
## **TRUSTEES’ REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **Trustees**
The trustees who served during the year and up to the date of signature of the financial statements were: Miss TJ Arisrtodemou - Chief Executive Officer
Miss S Sharlott
Miss S Renaut Miss L Kemp Mr L Taylor - Chairman
Trustees are appointed or reappointed by the Board annually (depending on initial term). New trustees receive an induction pack and meet senior staff. The Board maintains a register of interests which is reviewed at each meeting; potential conflicts are recorded and managed in line with our Conflicts of Interest policy
## **Statement of Trustees’ responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales 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 resources and application of resources of the charity 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 estimates that are reasonable and prudent;
- state whether applicable 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 sufficient 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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 trustees are responsible for the maintenance and integrity of the charity and the financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
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**ASPECT LIVING FOUNDATION TRUSTEES’ REPORT (CONTINUED)**
**FOR THE YEAR ENDED** _**30 APRIL 2025**_
## **Statement of Disclosure to Auditor**
So far as the Trustees are aware, there is no relevant audit information of which the charity's auditors are unaware. Additionally, the Trustees have taken all the necessary steps that ought to have been taken as trustees in order to make themselves aware of any relevant audit information and to establish that the Charity's auditors are aware of that information.
The trustees’ report was approved by the Board of Trustees.
## **Auditors**
A resolution will be proposed and agreed at the Annual General Meeting that SCB (Accountants) Ltd. be reappointed as auditors of the Charity for the ensuing year.
## **Approval**
This report was approved by the Trustees on 19[th] December 2025 and signed on their behalf.
## **Miss TJ Arisrtodemou**
## **Trustee**
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## **INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF**
## **ASPECT LIVING FOUNDATION**
## **Opinion**
We have audited the financial statements of Aspect Living Foundation (the ‘charity’) for the year ended 30 April 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the charity's affairs as at 30 April 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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## **INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF**
## **ASPECT LIVING FOUNDATION**
## **Opinions on other matters prescribed by the Charities Act 2011**
- In our opinion, based on the work undertaken in the course of the audit:
- The information given in the trustees’ report for the financial year for which the financial statements are prepared is consistent with the financial statements: and
- The trustees’ report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and reports) Regulations 2008 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us;
- the financial statements are not in agreement with the accounting records and returns;
- certain disclosures of trustees’ remuneration specified by law are not made;
- we have not received all the information and explanations we require for our audit;
- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the Directors’ and Trustees’ Report.
## **Responsibilities of Trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operation, or have no realistic alternative but to do so.
## **Auditor’s responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:
We gained an understanding of the legal and regulatory framework that are applicable to the charity and considered the risk of acts by the charity that were contrary to applicable laws and regulations, including fraud. We discussed with the trustees the policies and procedures in place regarding compliance with laws and regulations. We discussed amongst the audit team the identified laws and regulations, and remained alert to any indications of non-compliance.
During the audit we focused on laws and regulations which could reasonably be expected to give rise to a material misstatement in the financial statements, including, but not limited to, Charity Act 2011 and SORP 2019. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management.
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## **INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF**
## **ASPECT LIVING FOUNDATION**
Our procedures in relation to fraud included but were not limited to: inquires of management whether they have any knowledge of any actual, suspected or alleged fraud, and discussions amongst the audit team regarding risk of fraud such as opportunities for fraudulent manipulation of financial statements. We determined that the principal risks related to posting manual journal entries to manipulate financial performance and management bias through judgements in accounting estimates. We also addressed the risk of management override of internal controls, including testing journals and appropriateness of other entries in the nominal ledger; reviewing transactions around the end of the reporting period; and evaluating whether there was evidence of bias by the trustees that represented a risk of material misstatement due to fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
## **Use of our report**
This report is made solely to the charity's members, as a body. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
## **Jeffrey Bor FCA (Senior Statutory Auditor)**
**For and on behalf of SCB (Accountants) Limited 31 Sackville Street, Manchester**
**M1 3LZ**
Date: 19 December 2025
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**ASPECT LIVING FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
**----- Start of picture text -----**
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds 2024
2025 2025 2025 2024 2024
Notes £ £ £ £ £ £
Income:
Donations and legacies 3 4,624 13,000 17,624 6,175 39,364 45,539
Charitable activities 4 1,375,064 - 1,375,064 1,209,560 14,261 1,223,821
Other income 5 2,618 - 2,618 5,156 - 5,156
Total income 1,382,306 13,000 1,395,306 1,220,891 53,625 1,274,516
Expenditure:
Charitable activities 6 1,318,579 11,293 1,329,872 1,174,387 54,285 1,228,672
Net incoming/(expenditure)
and net movement of funds
63,727 1,707 65,434 46,504 (660) 45,844
during the year
Reconciliation of funds
Total funds brought forward 498,744 2,864 501,608 452,240 3,524 455,764
Total funds carried forward 562,471 4,571 567,042 498,744 2,864 501,608
**----- End of picture text -----**
## **CONTINUING OPERATIONS**
None of the Charity’s activities were acquired or discontinued during the above two financial periods.
## **TOTAL RECOGNISED GAINS AND LOSSES**
The Charity has no recognised gains or losses other than the above movements in funds during the above two financial periods.
The notes on pages 15 to 26 form part of these financial statements.
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## **ASPECT LIVING FOUNDATION**
## **BALANCE SHEET**
## **AS** _**AT 30 APRIL 2025**_
|**Notes**
**Fixed assets**|**2025**
**£**|**£**|**2024**
**£**
**£**|
|---|---|---|---|
|Tangible assets
11||152,356|192,619|
|**Current assets**
Stocks
12|10,087||9,857|
|Debtors
13
Cash at bank and in hand|45,404
414,627||48,180
311,536|
|Total Current Assets
**Liabilities**
Creditors: amounts falling due within one year
14
Net current assets
**Net assets**
**Funds of the Charity**
Restricted funds
15
Unrestricted funds
15
**Total charity funds**|470,118
(55,432)|414,686
**567,042**
4,571
562,471
**567,042**|369,573
(60,584)
308,989
**501,608**
2,864
498,744
**501,608**|
The financial statements were approved by the Trustees on 19 December 2025.
Miss TJ Arisrtodemou **Trustee**
The notes on pages 15 to 26 form part of these financial statements.
```
13
```
**ASPECT LIVING FOUNDATION**
**STATEMENT OF CASH FLOWS**
## **FOR T** _**HE YEAR ENDED 30 APRIL 2025**_
|**Notes**
**Net cash generated from operating activities**
18
**Cash flows from investing activities**
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed assets
**Net cash used in investing activities**
**Net increase in cash and cash equivalent**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2025**
**£**
-
1,750|**2024**
**£**
**£**
**£**
101,342
83,551
(91,645)
33,490
1,750
(58,155)
103,092
25,396
311,536
286,140
414,627
311,536|
|---|---|---|
The cash flow statement has been prepared in accordance with FRS 102 and the Charities SORP (FRS 102).
```
14
```
**ASPECT LIVING FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1. Accounting policies**
## **Charity information**
Aspect Living Foundation is a Charitable incorporated organisation.
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## 1.1 **Basis of preparation of accounts**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 1 January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities(Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the 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 issued in October 2019 rather than the Accounting and Reporting by Charities Statement of Recommended Practice effective from April 2005 which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The trust constitutes a public benefit entity as defined by FRS 102.
## **1.2 Preparation of accounts on a going concern basis**
The Charity’s Financial Statements show net surplus for the year of £65,434 (2024 - £45,844) and free reserves of £413,697 (2024- £308,299).
The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. Trustees will continue to monitor and ensure spending to be done in line with income in order to maintain target level of reserves. The review of cashflow for 12 months from the date of approval of the financial statements, the associated assumptions that underpin it, secured new income and the steps that could be taken to reduce expenditure should this be necessary. We reviewed the reserve policy and available free reserves as well as modelled scenarios for actual and budgeted results to understand the impact of various income and expenditure.
```
15
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**ASPECT LIVING FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2025**_
Based on the information above, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future and will remain surplus in future periods. Therefore, the trustees have adopted the going concern basis in preparing these accounts.
## **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 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 recognition**
Income is recognised when the charity is legally entitled to it after any performance 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 Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised 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 legacy is treated as a contingent asset.
## **1.5 Expenditure recognition and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
```
16
```
## **ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **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 lives on the following bases:
**Asset category Annual Rate** Plant and Machinery 20% Reducing Balance Computer equipment 33% Straight Line Motor vehicles 20% Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
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. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Stocks**
Stocks consist of food, packaging and consumable supplies used in the provision of the charity’s meals-on-wheels service.
Stocks are stated at the lower of cost and net realisable value. Cost comprises purchase price and attributable delivery costs.
As stocks are not held for resale but for consumption in charitable activities, net realisable value represents the replacement cost..
## **1.9 Cash and cash equivalents**
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.
## **1.10 Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
```
17
```
**ASPECT LIVING FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1.11 Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **1.12 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.13 Employee benefits**
The cost of any unused holiday entitlement 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 committed to terminate the employment of an employee or to provide termination benefits.
## **1.14 Pension Costs**
The charity operates a contributory defined contribution pension scheme, the assets of which are held separately from those of the charity. Pension costs are charged to the SOFA in the period to which they relate.
## **1.15 Taxation**
ALF is a registered charity and is exempt within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
## **1.16 Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include audit and legal fees. These costs have been allocated to expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 7.
## **1.15 Taxation**
ALF is a registered charity and is exempt within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
```
18
```
## **ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1.16 Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include audit and legal fees. These costs have been allocated to expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 7.
## **1.17 Operating leases**
The charity classifies the lease of property as an operating lease. The rentals are charged to the Statement of Financial Activities on a straight-line basis over the lease duration. No assets are held under hire purchase agreements.
## **2 Judgement and key source of estimation uncertainity**
In the application of the charity’s accounting policies, the charity is required to make judgments, estimates 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 charity makes estimates and assumptions concerning the future. The resulting accounting estimates will, be definition, seldom equal the related actual results. The estimates and assumpt ions that have a significant risk of causing a material adjustment to the carrying a mounts of assets and liabilities within the next financial year are addressed below.
## (i) Useful economic lives of tangible assets
The annual depreciation charge for tangible assets are sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary. 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.
```
19
```
**ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **3 Donations and Legacies**
|Donations|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**£**|
|---|---|
||4,624 13,00017,624
6,175
39,364
45,539|
|||
## **4 Charitable Activities**
|**4**
**Charitable Activities**||
|---|---|
|Meals Delivered
Tea Packs
**Analysis by fund**
Unrestricted funds|**Charitable**
**Income**
**Charitable**
**Income**
**2025**
**2024**
**£**
**£**
1,283,020 1,110,089
104,044 113,732|
||**1,387,064 1,223,821**|
||1,375,064 1,209,560|
|Restricted funds|- 14,261|
||**1,375,064 1,223,821**|
|||
**5. Other Income**
|Bank interest earned
Net (loss)/gain on disposal of tangible fixed assets|**Unrestricted**
**funds**
**Unrestricted**
**funds**
**2025**
**2024**
**£**
**£**
2,656
(38)
5,156|
|---|---|
||**2,6185,156**|
|||
```
20
```
**ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **6 Charitable activities**
|Meals on wheels service
Staff costs
Depreciation and impairment
Office Expenses
Insurance
Light and Heat
Telephone
Postage and Stationery
Advertising
Motor expenses
Rates and Refuse Collection
Computer Costs
Repairs and Renewals
Premises Rent
Bank Charges
Bad debts
Travel expenses
Share of governance costs (see note 7)
**Analysis by fund**|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2025**
**2024**
**£**
**£**
464,653 448,944
597,745 531,741
38,475 41,332
6,314 9,296
53,349 43,313
29,152 30,326
4,517 3,302
2,790 3,340
3,695 2,437
28,345 33,259
4,850 4,342
10,243 10,637
3,979 5,287
50,805 43,336
8,843 7,021
629 2,030
223409|
|---|---|
||**1,308,604 1,220,352**
21,268 8,320|
||**1,329,872 1,228,672**|
|||
|Unrestricted funds|1,318,579 1,174,387|
|Restricted funds|11,293 54,285|
||**1,329,872 1,228,672**|
|||
## **7 Support Costs**
|**7**
**Support Costs**||
|---|---|
|Audit fees
Legal and professional
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**2025**
**2024**
**£**
**£**
**£**
**£**
- 8,520 8,520 8,160
- 12,74812,748160|
||**- 21,268 21,268 8,320**|
|||
||**- 21,268 21,268 8,320**|
|||
```
21
```
## **ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **8 Net Income / (Expenditure) for the year**
This is stated after charging:
|This is stated after charging:|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Depreciation of tangible fixed assets|38,475|41,332|
|Operating leases - rent|50,805|43,336|
|Auditors’ remuneration|8,520|8,160|
## **9 Employees**
|Salaries
National Insurance
Pension|**2025**
**2024**
**£**
**£**
571,806 512,625
22,118 15,890
3,8213,226|
|---|---|
||**597,745531,741**|
|||
The average monthly head count was 46 (2024 - 45) for the charity and the average monthly number of full time staff based on full time equivalents employed by the charity including part time and temporary staff employed on holiday schemes during the period was as follows:
|Staff
Volunteers
**Total**|**2025**
**2024**
46
45
16
16|
|---|---|
||**62**
**61**|
There were no employees whose annual remuneration was more than £60,000.
The key management personnel of the charity comprise of Chief Executive Officer.
No trustees received remuneration in the year except for the Chief Executive Officer, who is an employee of the charity and whose total employee benefits (including employer national insurance and employer pension) were £51,107 (2024: £59,110).
No trustee received reimbursed expenses during the year (2024: nil).
As mentioned in the Note 17, there were no other related party transactions.
## **10 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
```
22
```
## **ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **11 Tangible fixed assets**
|**Cost**
At 1 May 2024
Additions
Disposals
**At 30 April 2025**
**Depreciation and impairment**
At 1 May 2024
Depreciation charged in the year
Eliminated in respect of disposals
At 30 April 2025
**Carrying amount**
At 30 April 2025
At 30 April 2024|**Plant and**
**Machinery**
**Computer**
**equipment**
**Motor**
**vehicles**
**Total**
**£**
**£**
**£**
**£**
42,264 4,062 243,260 289,586
-
-
- -
-
-
(8,290)
(8,290)|
|---|---|
||**42,264 4,062**
**234,970**
**281,296**|
||14,974 4,061 77,932 96,967
5,458
-
33,017 38,475
-
-
(6,502)
(6,502)|
||20,432 4,061
**104,447**
**128,940**|
|||
||**21,832 **
**-**
**130,523**
**152,356**|
|||
||**27,290**
**-**
**165,328 192,619**|
|||
## **12 Stock**
|**12**
**Stock**||
|---|---|
|Stock
**13**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments
**14**
**Creditors: amounts falling due within one year**|**2025**
**2024**
**£**
**£**
**10,0879,857 **|
|||
||**2025**
**2024**
**£**
**£**
33,303 38,799
12,1019,381
**45,404 48,180**|
|||
|Taxation and social security|**2025**
**2024**
**£**
**£**
3,792 4,628|
|Trade creditors|36,702 45,803|
|Other creditors
Accruals and deferred income|6,418
(703)
8,52010,855|
||**55,43260,584 **|
|||
## **13 Debtors**
- **14 Creditors: amounts falling due within one year**
There are no creditors due after more than one year.
```
23
```
**ASPECT LIVING FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **15 Movement in funds**
|**15**
**Movement in funds**||
|---|---|
|**Restricted funds:**
Motor Vehicles
National Lottery Community Fund
Hospital to Home
Winter Hardship Fund|**Balance at 1**
**May 2023**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers Balance at 1**
**May 2024**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers Balance at 30**
**April 2025**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
2,717
-
(543)
-
2,174
-
(2,174)
-
-
-
24,280
(24,280)
-
-
-
-
-
-
807
15,084
(15,201)
-
690
1,000
(702)
-
989
-
14,261
(14,261)
-
-
12,000
(8,418)
-
3,582|
||3,524
53,625
(54,285)
-
2,864
13,000
(11,293)
-
4,571|
|**Unrestricted Funds**
**Total Funds**|452,240 1,220,891
(1,174,387)
-
498,744
1,382,306
(1,318,579)
-
562,471|
||**455,764 1,274,516**
**(1,228,672)**
**-501,608 1,395,306**
**(1,329,872)**
**-567,042**|
|||
There were no transfers between funds during the year **.**
## **Description, nature and purpose of restricted funds:**
**Motor Vehicle** is used for providing meals service
**National lottery community fund** is received for supporting rural customers with pre paid meals and running costs for those arears, petrol, staffing etc
**Hospital to Home** is received for pre paid meals expenditure
**Winter Hardship Fund** is received for pre paid meals expenditure
## **Description, nature and purpose of unrestricted funds:**
General fund represents funds available to spend at the discretion of the Trustees.
**16 Analysis of net assets between funds**
|Fund balances at 30 April are represented by:
Tangible assets
Current assets|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**£**
152,356
-
152,356 190,445 2,174 192,619
413,697989414,686 308,299 690 308,989|
|---|---|
||**566,053989567,042 498,744 2,864501,608**|
## **17 Related party transactions**
Trustees’ remuneration and expenses are stated in Note 9. No other related party transaction except stated in Note 9.
```
24
```
## **ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **18 Reconciliation of net movement in funds to bet cashflow from operating activities**
|Surplus for the year
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(lncrease) in stocks
(lncrease) in debtors
Increase in creditors
**Net cash used in operating activities**|**2025**
**2024**
**£**
**£**
65,434 45,844
38
(5,156)
38,475
41,332
(230)
(2,141)
2,777
(9,552)
(5,152)
13,224|
|---|---|
||**101,34283,551 **|
|||
## **19 Operating Lease Commitments**
|Within 1 year
Within 2-5 years|**2025**
**2025**
**2024**
**2024**
**£**
**£**
**£**
**£**
Rent
Service
charge
Rent
Service
charge
47,400
1,764
47,400
1,764
63,200
2,352
110,600
4,116|
|---|---|
||**110,600**
**4,116**
**158,000**
**5,880**|
|||
## **20 Pension Costs**
The pension cost charge represents contributions payable by the company to the fund and amounted to £3,821 (2024 - £3,226). Contributions totaling £Nil (2024 - £Nil) were payable to the fund at the year end and are included in creditors.
## **21 Financial Instruments**
Financial assets measured at amortised cost comprise cash of £414,627 (2024: £311,536) and debtors of £45,404(2024: £48,180).
Financial liabilities measured at amortised cost comprise creditors of £55,432 (2024: £60,584)
```
25
```
## **ASPECT LIVING FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **22 Commitments and Contingent Liabilities**
At the year end, the charity had no capital commitments contracted for but not provided in the financial statements.
At the year end, the trustees are not aware of any contingent liabilities requiring disclosure under FRS 102 (2024: £nil).
## **23 Events After the Reporting Date**
The trustees confirm that there were no events occurring between the balance sheet date of 30 April 2025 and the date of approval of these financial statements that require adjustment to, or disclosure in, the financial statements.
## **24 Ultimate Controlling Party**
For the whole of the year, the charity was under the control of the Trustees as shown on page 7.
```
26
```