**Charity number: 1180283**
## **Ashford Together CIO**
**Report of the Trustees and Unaudited Financial Statements**
**For the year ended 31 March 2022**
**Ashford Together CIO Contents Page For the year ended 31 March 2022**
|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 11|
|Detailed Statement of Financial Activities|12 to 13|
## **Ashford Together CIO Report of the Trustees For the year ended 31 March 2022**
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2022. 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**
Ashford Together is a charitable incorporated organisation (CIO) set up by Churches Together in Ashford to establish a co-operative partnership between local statutory services, the faith community and the Ashford voluntary sector.
The charity's objects are to facilitate or run projects and programmes which address a variety of pressing social and welfare needs in the Ashford community, including:
- the relief of poverty
- the relief of unemployment
- the advancement and preservation of health
To achieve these objects, Ashford Together aims to act as a single point of contact, with churches as the principal locality agents, to offer the following:
a) 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 benefit community members.
As a CIO we seek to raise funding for churches social action and to employ staff to support this.
## **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**
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, several projects on collaborative living, working and producing are arising due to the success of Makerlife.
As an extension of this the Makerlife project, the Family Food and Fun project was initiated. The primary aim is to feed and entertain children during school holiday, and also acts as a magnet for the Makerlife project.
## **FINANCIAL REVIEW**
## **Reserves**
The result for the period was a deficit of £27,818, compared to a surplus £37,805 in the previous year. This was in line with expectations as projects were funded last year and their lifespan continued into the current year. Total income amounted to £43,336 and expenses were £71,154. This compares to the previous year's results of income of £70,400 and expenses of £33,315. Reserves at the end of the financial year amounted to £40,612, compared to £68,430 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. Total cash held at 31 March 2022 amounted to £23,665, compared to £44,910 in the previous year.
## **Going concern**
Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.
1 of 13
**Ashford Together CIO Report of the Trustees Continued For the year ended 31 March 2022**
## **Funds in deficit**
No funds were in deficit during the year. The trustees use their discretion to make transfers from unrestricted funds to support projects that are ringfenced in their own restricted fund.
## **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 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
............................................................................. 20 August 2022 Richard Mark Lloyd Eason
2 of 13
## **Ashford Together CIO Independent Examiners Report to the Trustees For the year ended 31 March 2022**
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adam Clegg FCCA BSc (Hons)
Swift Accountancy Limited Swift Farm, Sandy Lane Ashford Kent TN26 1JN
19 August 2022
3 of 13
## **Ashford Together CIO Statement of Financial Activities For the year ended 31 March 2022**
|**Notes**
**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
**Income and endowments from:**
Charitable activities
-
1,836
General activities
36,700
-
Makerlife
4,800
-
Family food and fun
**Total**
**41,500**
**1,836**
**Expenditure on:**
Charitable activities
-
(8,750)
General activities
(60,428)
-
Makerlife
(1,976)
-
Family food and fun
**Total**
**(62,404)**
**(8,750)**
**Transfers between funds**
3
6,000
(6,000)
**Net movement in funds**
**(14,904)**
**(12,914)**
**Reconciliation of funds**
Total funds brought forward
36,930
31,500
**Total funds carried forward**
**18,586**
**22,026**|**2022**
**£**
1,836
36,700
4,800
**43,336**
(8,750)
(60,428)
(1,976)
**(71,154)**
-
**(27,818)**
68,430
**40,612**|**2021**
**£**
5,400
65,000
-|
|---|---|---|
|||**70,400**|
|||(5,177)
(28,138)
-|
|||**(33,315)**|
|||-|
|||**37,085**|
|||31,345|
|||**68,430**|
4 of 13
## **Ashford Together CIO Statement of Financial Position As at 31 March 2022**
|**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
8
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
9
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
10
Unrestricted income funds
10
**Total funds**|**£**
**2022**
17,285
**17,285**
705
23,665
**24,370**
(1,043)
**23,327**
**40,612**
**40,612**
22,026
18,586
**40,612**|**£**
**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**|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Richard Mark Lloyd Eason Trustee 20 August 2022
5 of 13
**Ashford Together CIO Notes to the Financial Statements For the year ended 31 March 2022**
## **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**
Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.
## **Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes
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.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
## **Resources expended**
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **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
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
6 of 13
## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2022**
## **2. Income from donations and legacies**
## **Analysis of grants received**
|Ashford Borough Council
Brakes
Homless Link
National Lottery
Repton Community Trust|**2022**
**£**
-
500
-
36,700
4,300
**41,500**|**2021**
**£**
3,000
-
65,000
-
-|
|---|---|---|
|||**68,000**|
## **3. Transfers between funds**
Transfers are periodically made from unrestricted funds to restricted funds to support ongoing projects.
## **4. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
|Depreciation of owned fixed assets
Accountancy fees
Staff pension contributions
**taff costs and emoluments**
Total staff costs for the year ended 31 March 2022 were:
Salaries and wages
Pension costs
Employees||**2022**
**£**
6,368
550
272
**2022**
**£**
19,481
272
**19,753**
**2022**
1
**1**||**2021**
**£**
6,368
500
143|
|---|---|---|---|---|
|||||**2021**
**£**
12,655
143|
|||||**12,798**|
|||||**2021**
1|
|||||**1**|
## **5. Staff costs and emoluments**
7 of 13
## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2022**
## **6. Comparative for the Statement of Financial Activities**
|**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
**Income and endowments from:**
Charitable activities
65,000
5,400
**Total**
**65,000**
**5,400**
**Expenditure on:**
Charitable activities
(5,087)
(28,228)
**Total**
**(28,228)**
**(5,087)**
**36,772**
**313**
**Net income**
**Reconciliation of funds**
Total funds brought forward
-
31,345
**Total funds carried forward**
**31,658**
**36,772**
**7. Tangible fixed assets**
**Computer**
**Equipment**
**Land and**
**Buildings**
**Cost or valuation**
**£**
**£**
2,801
27,220
At 01 April 2021
At 31 March 2022
**27,220**
**2,801**
**Depreciation**
924
5,444
At 01 April 2021
Charge for year
924
5,444
**1,848**
**10,888**
At 31 March 2022
**Net book values**
At 31 March 2022
At 31 March 2021
**16,332**
**21,776**
**953**
**1,877**
**8. Debtors**
**2022**
**£**
**Amounts due within one year:**
Prepayments and accrued income
705
**705**|**2021**
**£**
70,400|
|---|---|
||**70,400**|
||(33,315)|
||**(33,315)**|
||**37,085**
31,345|
||**68,430**|
||**Total**
**£**
30,021|
||**30,021**|
||6,368
6,368|
||**12,736**|
||**17,285**|
||**23,653**|
||**2021**
**£**
1,093
**1,093**|
8 of 13
## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2022**
## **9. Creditors: amounts falling due within one year**
|Trade creditors
Other creditors
Accruals and deferred income|**2022**
**£**
15
478
550
**1,043**|**2021**
**£**
-
726
500|
|---|---|---|
|||**1,226**|
## **10. Movement in funds**
## **Unrestricted Funds**
|**Unrestricted Funds**||||||
|---|---|---|---|---|---|
||**Balance at**|**Incoming**|**Outgoing**|**Transfers**|**Balance at**|
||**01/04/2021**|**resources**|**resources**||**31/03/2022**|
||**£**|**£**|**£**|**£**|**£**|
|_General_||||||
|General|31,500|1,836|(8,750)|(6,000)|18,586|
||**31,500**|**1,836**|**(8,750)**|**(6,000)**|**18,586**|
|**Unrestricted Funds - Previous year**||||||
||**Balance at**|**Incoming**|**Outgoing**|**Transfers**|**Balance at**|
||**01/04/2020**|**resources**|**resources**||**31/03/2021**|
||**£**|**£**|**£**|**£**|**£**|
|_General_||||||
|General|31,345|5,400|(5,087)|-|31,658|
||**31,345**|**5,400**|**(5,087)**|**-**|**31,658**|
## **Purpose of unrestricted Funds**
## General
General funds are unrestricted amounts received to fulfill the charity's aims.
## **Restricted Funds**
||**Balance at**|**Incoming**|**Outgoing**|**Transfers**|**Balance at**|
|---|---|---|---|---|---|
||**01/04/2021**|**resources**|**resources**||**31/03/2022**|
||**£**|**£**|**£**|**£**|**£**|
|Family food and fun|-|4,800|(1,976)|-|2,824|
|MakerLife|36,930|36,700|(60,428)|6,000|19,202|
||**36,930**|**41,500**|**(62,404)**|**6,000**|**22,026**|
9 of 13
## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2022**
## **Restricted Funds - Previous year**
|**Balance at**
**01/04/2020**
**r**
**£**
MakerLife
-
**-**|**Incoming**
**esources**
**r**
**£**
65,000
**65,000**|**Outgoing**
**esources**
**Transfers**
**Balance at**
**31/03/2021**
**£**
**£**
**£**
36,772
(28,228)
-
**(28,228)**
**-**
**36,772**|**Outgoing**
**esources**
**Transfers**
**Balance at**
**31/03/2021**
**£**
**£**
**£**
36,772
(28,228)
-
**(28,228)**
**-**
**36,772**|
|---|---|---|---|
||||**36,772**|
## **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.
## Family food and fun
Family Food & Fun is a holiday club for families with primary school aged children (5-11), where the whole family can come and enjoy food, crafts and a whole lot of fun. The objective is to create a safe and fun environment to meet that need for the families in Ashford.
## **11. Analysis of net assets between funds**
||**Tangible**|**Net current**|**Net Assets**|
|---|---|---|---|
||**fixed assets**|**assets /**||
|||**(liabilities)**||
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|_General_||||
|General|2,400|16,186|18,586|
|**Restricted funds**||||
|Family food and fun|-|2,824|2,824|
|MakerLife|14,885|4,317|19,202|
||**17,285**|**23,327**|**40,612**|
10 of 13
## **Ashford Together CIO Notes to the Financial Statements Continued For the year ended 31 March 2022**
|**Previous year**||||
|---|---|---|---|
||**Tangible**|**Net current**|**Net Assets**|
||**fixed 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**|
11 of 13
## **Ashford Together CIO Detailed Statement of Financial Activities For the year ended 31 March 2022**
|**INCOME AND ENDOWMENT**
**Charitable activities**
Donations Received (General Activities)
Grants Received (General Activities)
Grants Received (Makerlife)
Grants Received (Family Food And Fun)
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost Of Direct Charitable Activity (General
Activities)
Depreciation - Owned Assets (General Activities)
Storage Fees (General Activities)
Insurance (General Activities)
Telephone And Internet (General Activities)
Training (General Activities)
It And Computer Costs (General Activities)
Post And Stationery (General Activities)
Subscriptions (General Activities)
Subcontract (General Activities)
Website (General Activities)
Payroll Fees (General Activities)
Rent (General Activities)
Staff Costs - Wages & Salaries (Makerlife)
Staff Costs - Pension Contributions (Makerlife)
Depreciation - Owned Assets (Makerlife)
Makerlife Project Resources (Makerlife)
Travel Expenses (Makerlife)
Subcontract (Makerlife)
Rent (Makerlife)
Training (Makerlife)
Cleaning (Makerlife)
Subscriptions (Makerlife)
Equipment And Repairs (Makerlife)
Staff Costs - Wages & Salaries (Family Food
And Fun)
Staff Costs - Pension Contributions (Family Food
And Fun)
**SUPPORT COSTS**
**Governance costs**
Accountancy Fees (General Activities)
Other Office Costs (Makerlife)
**Total resources expended**||**£**
**2022**
1,836
-
36,700
4,800
**43,336**
**43,336**
-
(800)
(1,530)
(832)
(601)
-
(620)
(123)
(325)
-
(1,829)
(40)
(1,500)
(17,533)
(244)
(5,568)
(3,045)
-
(28,154)
(4,500)
(87)
(270)
-
(484)
(1,948)
(28)
**(70,061)**
(550)
(543)
**(1,093)**
**(71,154)**||**£**
**2021**
2,400
3,000
65,000
-|
|---|---|---|---|---|
|||||**70,400**|
|||||**70,400**
(538)
(800)
(1,750)
(450)
(149)
(40)
-
-
-
(860)
-
(90)
-
(12,655)
(143)
(5,568)
-
(20)
(4,790)
(1,500)
(325)
(90)
(70)
-
-
-|
|||||**(29,838)**
(500)
(2,977)|
|||||**(3,477)**|
|||||**(33,315)**|
12 of 13
This page does not form part of the statutory financial statements
**Ashford Together CIO Detailed Statement of Financial Activities Continued For the year ended 31 March 2022**
**(27,818)**
**37,085**
**Net Expenditure**
13 of 13
This page does not form part of the statutory financial statements