**Charity number: 1180283** ## **Ashford Together CIO** **Report of the Trustees and Unaudited Financial Statements** **For the year ended 31 March 2021** **Ashford Together CIO Contents Page For the year ended 31 March 2021** |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 10| |Detailed Statement of Financial Activities|11| ## **Ashford Together CIO Report of the Trustees** ## **For the year ended 31 March 2021** The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The charity has overall objectives to: a) Offer greater access to harder to reach people. b) Supply of more spaces (venues) and volunteers). c) Create more meaningful relationships with the community. d) Facilitate bespoke projects and programmes that beenfit community members. The charity is committed to operating projects in four key areas: a) Job creation and employment. b) Young people's mental health. c) Mental health across the community. d) Homelessness. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **Volunteers** Ashford Together CIO is grateful to the individuals and organisations who have contributed to the overall income and success of projects undertaken. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** The charity has continued to run the Winter Night's Shelter, providing accommodation for rough sleepers over the coldest nights of the year. This has been run in collaboration with various churches across the Ashford Borough. In January 2021 the charity was awarded a significant grant from Homeless Link towards the Makerlife project. On this programme our members have access to life and work skills workshops including cookery skills; money management; personal wellbeing; IT skills; job searches and CV writing, as well as other creative skills. Members also have access to assessment tools that help to support their wellbeing and career development. The aim is to upskill and connect members with training, jobs and work experience opportunities. Looking ahead, a number of projects on collaborative living, working and producing are arising due to the success of Makerlife. ## **FINANCIAL REVIEW** ## **Reserves** The result for the period was a surplus of £37,085, compared to £31,345 in the previous year. Total income amounted to £70,400 and expenses were £33,315. This compares to the previous year's results of income of £74,398 and expenses of £43,593. Reserves at the end of the financial year amounted to £68,430, compared to £31,345 last year. The trustees aim for the charity to hold sufficient cash reserves to operate for six months with no income and this is estimated to be around £17,000. The trustees are satisfied that this level will be maintained for the following 12 months taking into account all foreseeable spending. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Ashford Together CIO is a registered charity, number 1180283, and is constituted under a trust deed. ## **Recruitment and appointment of trustees** There are no provisions within the constitution for selection of Trustees other than by existing trustees. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Ashford Together CIO **Charity registration number** 1180283 **Principal address** The Beacon Centre 28 Bank Street Ashford Kent 1 of 11 **Ashford Together CIO Report of the Trustees Continued For the year ended 31 March 2021** TN23 1BA ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Ian Patrick Fowkes Mark Stephen Hirst Richard Mark Lloyd Eason Richard Finlinson MBE Matthew John Eason Jeremy Worthen (Appointed: 05 September 2021) **Independent examiners** Swift Accountancy Limited Swift Farm, Sandy Lane Ashford Kent TN26 1JN Approved by the Board of Trustees and signed on its behalf by ............................................................................. 27 October 2021 Richard Mark Lloyd Eason 2 of 11 ## **Ashford Together CIO Statement of Financial Activities For the year ended 31 March 2021** ||**Notes**|**Unrestricted**|**Restricted**|**2021**|**2020**| |---|---|---|---|---|---| |||**funds**|**funds**||| |||**£**|**£**|**£**|**£**| |**Income and endowments from:**|||||| |Charitable activities|2|5,400|65,000|70,400|74,938| |**Total**||**5,400**|**65,000**|**70,400**|**74,938**| |**Expenditure on:**|||||| |Charitable activities|3/4|(5,087)|(28,228)|(33,315)|(43,593)| |**Total**||**(5,087)**|**(28,228)**|**(33,315)**|**(43,593)**| |**Net income**||**313**|**36,772**|**37,085**|**31,345**| |**Reconciliation of funds**|||||| |Total funds brought forward||31,345|-|31,345|-| |**Total funds carried forward**||**31,658**|**36,772**|**68,430**|**31,345**| 3 of 11 ## **Ashford Together CIO Statement of Financial Position As at 31 March 2021** |**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
10
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
11
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
Unrestricted income funds
12
**Total funds**|**£**
**2021**
23,653
**23,653**
1,093
44,910
**46,003**
(1,226)
**44,777**
**68,430**
**68,430**
36,772
31,658
**68,430**|**£**
**2020**
-
**-**
380
31,390| |---|---|---| |||**31,770**| |||(425)
**31,345**| |||**31,345**| |||| |||**31,345**| |||-
31,345| |||**31,345**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Richard Mark Lloyd Eason Trustee 27 October 2021 4 of 11 ## **Ashford Together CIO Notes to the Financial Statements** ## **For the year ended 31 March 2021** ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Ashford Together CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Land and Buildings 20% Straight line Computer Equipment 33% Straight line ## **2. Income from charitable activities** |**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
_Winter Night Shelter_
100
-
Individual donations
2,300
-
Corporate donations
-
-
Grants received
3,000
-
Ashford Borough Council
donations
**5,400**
**-**
_Makerlife_
-
65,000
Grants received
**65,000**
**5,400**||**2021**
**£**
100
2,300
-
3,000
**5,400**
65,000
**70,400**|**2020**
**£**
2,562
18,177
11,000
43,199| |---|---|---|---| ||||**74,938**
-| ||||**74,938**| 5 of 11 ## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2021** ## **3. Costs of charitable activities by fund type** ||**Unrestricted**|**Restricted**|**2021**|**2020**| |---|---|---|---|---| ||**funds**|**funds**||| ||**£**|**£**|**£**|**£**| |**Winter Night Shelter**||||| |Direct cost|261|-|261|10,167| |Staff costs - wages & salaries|-|-|-|27,294| |Depreciation - owned assets|800|-|800|-| |Storage fees|1,750|-|1,750|1,920| |Insurance|450|-|450|506| |Telephone and internet|149|-|149|119| |Training|40|-|40|861| |Travel expenses|-|-|-|1,912| |Room hire|-|-|-|30| |Subcontract|860|-|860|-| ||**4,310**|**-**|**4,310**|**42,809**| |**Makerlife**||||| |**Direct cost**||||| |Staff costs - wages & salaries|-|12,655|12,655|-| |Staff costs - pension|-|143|143|-| |contributions||||| |Depreciation - owned assets|-|5,568|5,568|-| |Payroll fees|-|90|90|-| |Travel expenses|-|20|20|-| |Subcontract|-|4,790|4,790|-| |Rent|-|1,500|1,500|-| |Training|-|325|325|-| |Cleaning|-|90|90|-| |Subscriptions|-|70|70|-| ||**-**|**25,251**|**25,251**|**-**| |**Support costs**||||| |**Makerlife**||||| |**Governance costs**||||| |Other office costs|-|2,977|2,977|-| |**General**||||| |**Governance costs**||||| |Accountancy fees|500|-|500|425| |Other office costs|277|-|277|359| ||**777**|**2,977**|**3,754**|**784**| ||**5,087**|**28,228**|**33,315**|**43,593**| 6 of 11 ## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2021** ## **4. Costs of charitable activities by activity type** |**Activities undertaken directly**
Winter Night Shelter
Makerlife
General
**5. Analysis of support costs**
Governance costs
**6. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees
Staff pension contributions
**7. Staff costs and emoluments**
Total staff costs for the year ended 31 March 2021 were:
Salaries and wages
Pension costs
Employees|**2021**
**£**
4,310
28,228
777
**33,315**
**2021**
**£**
3,754
**2021**
**£**
6,368
500
143
**2021**
**£**
12,655
143
**12,798**
**2021**
1
**1**|**2020**
**£**
42,809
-
784
**43,593**
**2020**
**£**
784
**2020**
**£**
-
425
-|**2020**
**£**
42,809
-
784
**43,593**
**2020**
**£**
784
**2020**
**£**
-
425
-| |---|---|---|---| ||||**2020**
**£**
27,294
-| ||||**27,294**| ||||**2020**
1| ||||**1**| 7 of 11 ## **Ashford Together CIO Notes to the Financial Statements Continued** ## **For the year ended 31 March 2021** ## **8. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. ## **9. Tangible fixed assets** |**Cost or valuation**
Additions
At 31 March 2021
**Depreciation**
Charge for year
At 31 March 2021
**Net book values**
At 31 March 2021
**Debtors**
**Amounts due within one year:**
Prepayments and accrued income
**Creditors: amounts falling due within one year**
Other creditors
Accruals and deferred income|**Computer**
**Equipment**
**Land and**
**Buildings**
**£**
**£**
2,801
27,220
**27,220**
**2,801**
924
5,444
**924**
**5,444**
**21,776**
**1,877**
**2021**
**£**
1,093
**1,093**
**2021**
**£**
726
500
**1,226**||**Total**
**£**
30,021|**Total**
**£**
30,021| |---|---|---|---|---| ||||**30,021**|| ||||6,368|| ||||**6,368**|| ||||**23,653**|| |||||**2020**
**£**
380| |||||**380**| |||||**2020**
**£**
-
425| |||||**425**| ## **10. Debtors** ## **11. Creditors: amounts falling due within one year** 8 of 11 ## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2021** ## **12. Movement in funds** ## **Unrestricted Funds** |**Balance at**
**01/04/2020**

**£**
_General_
31,345
General
**31,345**
**Unrestricted Funds - Previous year**
**Balance at**
**01/04/2019**

**£**
_General_
-
General
**-**|**Incoming**
**resources**

**£**
5,400
**5,400**
**Incoming**
**resources**

**£**
74,938
**74,938**|**Outgoing**
**resources**
**Balance at**
**31/03/2021**
**£**
**£**
(5,087)
31,658
**(5,087)**
**31,658**
**Outgoing**
**resources**
**Balance at**
**31/03/2020**
**£**
**£**
(43,593)
31,345
**(43,593)**
**31,345**| |---|---|---| ## **Purpose of unrestricted Funds** ## General General funds are unrestricted amounts received to fulfill the charity's aims. ## **Purpose of restricted funds** ## MakerLife MakerLife Ashford’s Co-Learning: Life and Work Skills programme launched in January 2021. On this programme our members have access to life and work skills workshops including cookery skills; money management; personal wellbeing; IT skills; job searches and CV writing, as well as other creative skills. Members also have access to assessment tools that help to support their wellbeing and career development. The aim is to upskill and connect members with training, jobs and work experience opportunities. 9 of 11 ## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2021** ## **13. Analysis of net assets between funds** ||**Tangible fixed**|**Net current**|**Net Assets**| |---|---|---|---| ||**assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|3,200|28,458|31,658| |**Restricted funds**|||| |MakerLife|20,453|16,319|36,772| ||**23,653**|**44,777**|**68,430**| |**Previous year**|||| ||**Tangible fixed**|**Net current**|**Net Assets**| ||**assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|-|31,345|31,345| |**Restricted funds**|||| ||**-**|**31,345**|**31,345**| 10 of 11 ## **Ashford Together CIO Detailed Statement of Financial Activities For the year ended 31 March 2021** |**INCOME AND ENDOWMENT**
**Charitable activities**
Individual donations (Winter Night Shelter)
Corporate donations (Winter Night Shelter)
Grants received (Winter Night Shelter)
Ashford Borough Council donations (Winter Night
Shelter)
Grants received (Makerlife)
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost of direct charitable activity (Winter Night
Shelter)
Staff costs - wages & salaries (Winter Night Shelter)
Depreciation - owned assets (Winter Night Shelter)
Storage fees (Winter Night Shelter)
Insurance (Winter Night Shelter)
Telephone and internet (Winter Night Shelter)
Training (Winter Night Shelter)
Travel expenses (Winter Night Shelter)
Room hire (Winter Night Shelter)
Subcontract (Winter Night Shelter)
Staff costs - wages & salaries (Makerlife)
Staff costs - pension contributions (Makerlife)
Depreciation - owned assets (Makerlife)
Payroll fees (Makerlife)
Travel expenses (Makerlife)
Subcontract (Makerlife)
Rent (Makerlife)
Training (Makerlife)
Cleaning (Makerlife)
Subscriptions (Makerlife)
**SUPPORT COSTS**
**Governance costs**
Other office costs (Makerlife)
Accountancy fees (General)
Other office costs (General)
**Total resources expended**
**Net Income**||**£**
**2021**
100
2,300
-
3,000
65,000
**70,400**
**70,400**
(261)
-
(800)
(1,750)
(450)
(149)
(40)
-
-
(860)
(12,655)
(143)
(5,568)
(90)
(20)
(4,790)
(1,500)
(325)
(90)
(70)
**(29,561)**
(2,977)
(500)
(277)
**(3,754)**
**(33,315)**
**37,085**||**£**
**2020**
2,562
18,177
11,000
43,199
-| |---|---|---|---|---| |||||**74,938**| |||||**74,938**
(10,167)
(27,294)
-
(1,920)
(506)
(119)
(861)
(1,912)
(30)
-
-
-
-
-
-
-
-
-
-
-| |||||**(42,809)**
-
(425)
(359)| |||||**(784)**| |||||**(43,593)**| |||||**31,345**| 11 of 11 This page does not form part of the statutory financial statements