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2024-03-31-accounts

Charity number: 1187329

TOGETHER ACTIVE

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

TOGETHER ACTIVE

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 11
Independent auditor's report on the financial statements 12 - 15
Statement of financial activities 16
Balance sheet 17
Statement of cash flows 18
Notes to the financial statements 19 - 34

TOGETHER ACTIVE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024

Trustees Paul Muir (Chair)
Kimiyo Rickett (Senior Independent Director)
Sharon Heath (Finance and Audit Committee Chair)
Julie Odams (Appointed 21 March 2024)
Claire Rowcliffe (Appointed 21 March 2024)
Pauline Walsh (Resigned 30 November 2023)
Tim Clegg (Resigned 31 August 2023)
Abi Dean (Resigned 31 January 2024)
Alistair Fisher (Resigned 30 April 2023)
Sarah Getley (Resigned 31 January 2024)
Derek Peters (Resigned 31 March 2024)
Catherine Jenkinson (Resigned 31 December 2023)
Jonathan Topham (Resigned 31 March 2024)
Darren Murinas (Appointed 13 June 2024)
Samuel Newell (Appointed 13 June 2024)
Louise Thompson (Appointed 13 June 2024)
Charity registered
number
1187329
Principal office
Mellor Building
2nd Floor IEZ Hatchery & Incubator
Staffordshire University
College Road
ST4 2DE
Independent auditor
Crowe U.K. LLP
Chartered Accountants
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG
Bankers
CAF Bank Ltd (Charities Aid Foundation)
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

Page 1

TOGETHER ACTIVE

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

1. Introduction

The Trustees present their annual report together with the financial statements of Together Active for the year ended 31 March 2024. 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 notes 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 United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.

2. Structure, Governance and Management

2.1 Legal Status and Date of Registration

Together Active is a Charitable Incorporated Organisation (CIO), entered on the Register of Charities on 13th January 2020. Our objects and powers are set out in our Constitution, which is reviewed annually.

2.2 Objects

The objects of the charity are:

2.3 Why we exist

We are an independent charity and the Active Partnership for Staffordshire and Stoke-on-Trent. As an active partnership we form one of 43 organisations across the UK funded by Sport England to work systemically across our region to address structural inequalities preventing people from living health, active lives.

We work to use physical activity as a tool to improve the lives of some of the most overlooked and unheard populations by working across three priority areas:

Our work focusses on population groups who experience one or more of the following:

We work in collaboration with partners from systems across Staffordshire and Stoke-on-Trent to work toward our vision.

2.4 Our Vision

Design out inactivity across Staffordshire and Stoke-on-Trent.

2.5 Governance

Together Active is governed by Board of Trustees who oversee the strategic direction of the charity. The day to day running is delegated to the Chief Executive supported by a senior leadership team and specialist staff.

The Chair is supported by a Vice Chair/Senior Independent Director who is elected by existing trustees. Trustee, Chair and Vice Chair positions have role profiles that outline their duties and expectations.

Page 2

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Recruiting and Appointing New Trustees

The Board comprises a minimum of three and not more than 12 Trustees. Trustees hold office for a term of three years. After three years Trustees who wish to continue their service can seek re-election via a Board decision, but can serve no more than three, three-year terms in total.

Trustees are appointed via an openly advertised recruitment process. We may utilise the expertise of a specialist agency to support with trustee recruitment and selection. The skills, knowledge and behaviours required are identified using the skills and behaviours matrix which is completed by existing trustees. Prospective trustees are assessed against specific criteria through an interview process.

It has been a key priority for Together Active in the last twelve months to ensure that our board is made up of people that reflect the communities we serve. We have actively sought to recruit those with lived experience of the issues we are seeking to address and who live locally in our communities. We have been delighted to appoint new trustees that have a range of backgrounds and experiences as well as relevant skills to govern the charity effectively.

Recruitment of board members is overseen by the Governance and Appointments Committee, acting as the Nomination Committee. All trustees sign a code of conduct, Declaration of Good Character and Declaration of Interest or Loyalty.

2.6 Induction and Training of Trustees

All new Trustees are provided with an induction pack and have access to a shared area of key resources through an online platform. We provide an induction session attend an induction session with the Senior Leadership Team. The Chair and Chief Executive discuss specific training needs with all new trustees individually to ensure they feel confident in performing the duties of their role.

All Trustees are encouraged to attend relevant training as needed. In addition, training for the whole Board briefings may be organised from time to time when a need is identified.

2.7 Decision Making

The Board of Trustees is responsible for agreeing the strategic direction of Together Active and delegates day to day running of the organisation to the Chief Executive and senior leadership team.

The Board meets a minimum of four times per year. Additional Board meetings may be required when circumstances dictate. The Board maintains a proper record of meetings and decisions, normally in the form of minutes.

Decisions can only be taken if a meeting is quorate. The quorum is three Trustees or the number nearest to one half of the total number of trustees, whichever is greater, or such larger number as the Trustees may decide from time to time.

Wherever possible decisions are reached by consensus. If this is not possible then a majority vote will decide the issue. In the event of a tied vote the Chair of the meeting has the casting vote.

The Board may establish Committees as required and delegate authority, responsibility and tasks, as appropriate. Any Committee established shall have clear terms of reference specifying the responsibilities and any powers delegated to the Committee, which shall be agreed by the Board. Any one-off delegations of authority will be agreed by the Board and appropriately documented.

Any Committee established shall maintain a proper record of meetings and decisions.

Page 3

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

2.8 Organisational Structure

In addition to our sub committees, we have trustee champions for safeguarding and whistleblowing.

2.9 Formal Board Committees

Governance and Appointments Committee – ensures the Board operates effectively. This committee also acts as a nominations committee as required.

Finance and Audit Committee - ensures the adequacy of the organisation’s financial reporting, risk management and internal controls.

2.10 Pay and Remuneration

Staff pay is determined in line with Together Active’s Remuneration Policy. All trustee roles are unremunerated, but trustees can claim reasonable expenses.

2.11 Governance Standards

As a recipient of Sport England funding, Together Active is required by Sport England to achieve and maintain Tier Three of A Code for Sports Governance. We continue to maintain compliance with the Code and have submitted all of the necessary documentation following the update of some criteria in 2023.

Together Active adopts the Charity Governance Code and ensures that board members have an understanding of their obligations under the Charities Act.

2.12 Related Parties

No related party transactions have taken place in this financial period.

Page 4

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

3. Objectives and Activities

During the year, Together Active has undertaken a significant review of its activities including its strategic approach. This has resulted in a new strategy and the development of an organisational Theory of Change.

We have refined our three core strategic aims which are:

We have comprehensively reviewed everything that we do to ensure there is a clear line of sight between our day to day and progress towards our vision through a series short, medium and long term outcomes.

Page 5

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

4. Achievements and Performance

Better Health Staffordshire

Better Health Staffordshire (BHS) is the strategic approach being taken to tackling the causes of excess weight and creating a healthy weight environment, whilst promoting active lifestyles and healthy diet. Together Active continue to be active members of both the strategic county-wide partnership and the local district and borough groups which lead the agenda at a more local level. Throughout the year Together Active helped to deliver BHS ‘whole systems’ workshops in South Staffordshire and Newcastle Under-Lyme as part of the expansion of the BHS approach to these areas.

Together Active have also provided expertise to local partnerships such as the Active Travel and Social Prescribing Pilot in Newcastle-under-Lyme; and in support of the development of green/active travel corridors, through the refurbishment of disused cycle paths and railway lines in South Staffordshire.

Cannock Chase Wayfinding Project – increasing access to green space

Together Active has played a key role in the overall project management of the Wayfinding project and liaison with Sport England. Over the last year the capital works have been procured and managed by Staffordshire County Council (SCC), while the community engagement and co-design elements have been managed and delivered by Inspiring Healthy Lifestyles (IHL).

Since securing the funds, the project has faced significant challenges. However, it continues to make progress, supported by the appointment of a new Site Manager for Cannock Chase. In December 2023, four people counters were installed, enabling the collection of quantitative data to complement the demographic data gathered via the Cannock Chase Can app and qualitative data from focus groups and co-design sessions.

IHL has led a series of consultations and focus groups to discuss improvements to the ‘Toc H’ trail and its viewing platform. Approximately 100 individuals from a wide range of local groups and organisations participated, ensuring comprehensive community representation. A summary report from these consultations was produced and shared with Sport England, informing the procurement brief for upcoming contracts.

The project has revisited community needs and identified new barriers to walking in a post-pandemic world. These barriers include low self-esteem, low confidence, lack of social support and networks (loneliness and isolation), and existing health conditions and fitness levels. Addressing these barriers will be a focus of the next project phase, which includes bespoke bench co-designs and the development of QR content.

Active My Way

We have continued to monitor the usage of our activity finder, and determined that due to the low uptake of Open Data by activity providers, it’s not providing good value to our users or to us as a charity. Therefore we have taken the decision to remove the activity finder from the website, and use the funding allocated to its upkeep to the further development of the site as a resource of high-quality information for both individuals and professionals. This took effect as of July 2024.

We have now developed new sections about physical activity at different life stages, the impact of a variety of hormones on motivation and how being active can support, and information for carers on being active. With the appointment of our new Comms Lead, we will be evaluating the site and identifying the next stage of development, working closely with our colleagues in Health and Staffordshire County Council to develop content relevant to their strategic priorities for population health. There will also be a renewed marketing push for AMW to encourage new site users and development work to improve accessibility.

Page 6

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Clinical Champions and Social Prescriber training

The Health and Wellbeing Development Lead has developed a close and productive working relationship with our PACC, contributing to delivery of 3 PACC training sessions and linking our PACC to NHS teams and pathways to increase training reach. This year we have delivered training to 474 healthcare colleagues, working across Nursing, CYP, and Mental Health, as well as GPs, Physiotherapists, Occupational Therapists, Social Prescribers, and Community Connectors. Our next session has 213 attendees registered so far. Together Active also contributed to the PACC national co-design workshops by providing high quality insight and data.

We have continued to build links with Social Prescribers and connect them into their local physical activity pathways. We have a physical activity training session planned for November 2024 which will be offered to all Social Prescribers and Health & Wellbeing Coaches across Staffordshire as part of their CPD programme for the first time.

Virtual Schools

Together Active, continued to receive funding from the West Midlands Virtual Schools Foundation and has been delivering a small programme of activities and education for young people in the foster care system to access additional opportunities for out-of-school learning and leisure.

In its second year of delivery, the programme included various events aimed at fostering teamwork, personal development, and social skills. In Summer 2023, eighteen young people participated in activities such as canoeing and bushcraft at the Stanley Head Outdoor Activity Centre, helping them build friendships, determination, and resilience.

In February 2024, twenty-two young people took part in indoor activities including dodgeball, martial arts, badminton, tennis, and boxing at Staffordshire University Academy, facilitated by local clubs.

In April, thirty-two young people took part in a mix of indoor and outdoor activities at Northwood Community Sports Centre, starting with a warm-up by Parkrun. The event featured an outdoor climbing wall by Kilnworx, a football refereeing and coaching taster session organized by Staffordshire FA, multi-sport games by Stoke City Community Trust, and boxing by Ten Count Boxing. Moving forward, we aim to build on these experiences to develop a sustainable pathway into regular activities, enhancing their skills and capacity for future career opportunities in the sport and physical activity sector.

Opening School Facilities

Together Active has continued to collaborate with The Hubb Foundation to deliver the Opening Schools Facilities Fund (OSF) programme throughout the year. This year the programme has significantly enhanced access to school facilities, enabling the delivery of 1,182 sessions. This initiative has benefited 2,371 individual children and young people (CYP), contributing to a total of 34,854 CYP taking part throughout the year. In addition to this, the fund has facilitated 5,126 community engagement opportunities involving 89 individuals from the local communities. With a total of £200,000 allocated, the fund has supported 19 schools, ensuring that these facilities are available for broader community use and fostering increased participation in various activities. In the forthcoming year, Together Active will continue to work with The Hubb Foundation on the delivery of OSF, ensuring that more schools and their local communities can benefit from the funding opportunity.

Page 7

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

5. Public Benefit Disclosures

Having reviewed the Objective and Activities, and the Achievements and Performance of the organisation, and having given due consideration to the Charity Commission’s published guidance eon the Public Benefit requirement under the Charities Act 2011, the Trustees are satisfied that Together Active’s has delivered significant public benefit during 2023-24.

6. Grant Making

During 2023-24, Together Active operated the following grants programmes on behalf of Sport England, overseeing distribution of the funds across Staffordshire and Stoke-on-Trent:

7. Safeguarding

Following the recommendations of The Whyte Review in 2023, Together Active successfully appointed a Sport Welfare Officer in January 2024. The Sport Welfare Officer works as part of a national Sport Welfare Officer Network supporting local clubs and organisations with developing and maintaining safer cultures.

As part of this year's safeguarding action plan, Together Active staff have undertaken additional safeguarding training including Domestic Abuse and Bystander Training. During the year Together Active also went through two safeguarding reviews, one with the Child Protection in Sport Unit and one with Ann Craft Trust of which Together Active respectively met and conditionally met the required standards. Feedback from the reviews have informed further improvements to the Safeguarding Action Plan for 2024-25 along with the appointment of a new Lead Safeguarding Officer to build further capacity.

Page 8

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

8. Financial Review

At 31.03.23 the total funds held were £933,888, and at 31.03.24 the total funds held were £855,464.

Funding Sources

Together Active has received £678,825 income during 2023-24. This consists of £618,890 of funding from Sport England during the period 01.04.23-31.03.24, along with £20,173 of funding from local partners (local authorities and universities), £38,033 of other restricted funding from a range of partners and £1,729 of bank interest.

Together Active recognises the risk of over-dependency on Sport England funding and long term aims to increase income generation and secure additional funding from other sources.

8.1 Reserves

At 31.03.24 total funds held were £855,464.

Together Active’s Reserves Policy outlines three types of funds which Together Active holds:

Restricted Funds

This is grant funding which has been received and is held for future delivery within the grant period or which is grant underspend where we have permission from the grant provider to carry it forward. It can only be spent on expenditure allowed within the terms of the grant agreement. At 31.03.24 this totals £338,597 and is detailed within the accounts.

Unrestricted Funds

This is the amount of funding which is not restricted and totals £516,867. The trustees have identified the amount of funding which needs to be held to manage the dissolution of the CIO should this be necessary, meeting all associated liabilities as outlined in the organisation’s Reserves Policy. As of 31.03.24 this figure was £59,544 and includes:

Unrestricted funds in excess of this policy are currently held. These funds can be invested back into the organisation and its delivery to support the organisation’s growth.

As of 31.03.24 this figure was £457,323.

8.2 Going Concern

Together Active has a long-term financial forecast (currently running to 31.03.27) which is kept up-to-date. Based on these figures the Trustees have no reason to believe that Together Active will not be able to continue as a going concern during this period and beyond.

Page 9

TOGETHER ACTIVE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

9. Risk Management

Together Active has an up-to-date Risk Management Policy and Risk Register. The Risk Register outlines the major risks faced by Together Active, and identifies existing and additional controls to mitigate them. This is reviewed on a quarterly basis by the Finance and Audit Group and reported to the Board, with the Board undertaking a full review of risk on an annual basis.

10. Plans for the Future

In 2024-25, we will be implementing the first year of our new strategy in earnest. This will include a clearer proportionate universalism approach to how our resources are applied. That means we expect to be doing more work in Stoke-on-Trent and other pockets of high deprivation across the wider Staffordshire area.

We will continue to embed our role in the region as stimulator for system change. We will identify opportunities to take localised learning and best practice and apply it more widely across a place.

We are wholly committed to addressing the structural inequalities preventing people from living healthy, active lives. We know we will only tackle these deeply entrenched issues by understanding and being visible in our communities. That means there’ll be more prototyping of new ways of working with a range of partners. We’re putting people’s real-life experiences front and centre and will be investing more in insight and policy to translate individual experiences into population wide change.

That will mean:

Page 10

TOGETHER ACTIVE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11. Sl•t•mont of Trustees, responslbilitl•8 Tnthes are responsible for p￿paring the Trustees, report and the financial statements in accordanee with Lth¥ and United Kingdom Acwunting Standards (United Kingdom Generally Accepted Accounting Tr I￿ applicable lo charities in England & Wales requires the Trustees tr> prepare financial slalements for e&h financial period which give a true and fair view of the slate of affairs of the Charity and of ils incoming sources and application ol resources, including ils income and expenditure. for that period. In preparing these fmawal slalemenls, the Trustees are required lo.. select suitable accounting policies anct then apply them consistently,. obseNe the methods and prin¢ipl8s ol the Charities SORP IFRS 1021., make judgments and accounting eslimales that ar8 reasonable and prudent., slate whether applicable UK Accounting Standard5 IFRS 1021 have been followed, subject to any matèrial departures disclosed and explained in the financial slalemenls.. prepare the financial slalemenls on the going concern basis unle88 f( 18 inapproprie lo pre$urne that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the CharilY$ transactions anrl disclose with reasonable 8ccuracy al any time the financial position of the Charty and enable them lo ensure that the financial statements compty with the Charities Act 2071, the Charty (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also rèsponsible lor safeguarding the as$et$ of the Charity and hence for taking reasonable 81eps for the prevention and detection of fraud and other irregularities. Dl8clo•ur8 ol Informatlon to audltors Each of the persons who are Trustees at the lime when this Trustees, report is approved has confimied Ih81'. so far as that Trustee is aware, there 13 no relevant audit inforynalion of which the charitable group, auditors are unaware, and that Trustee has taken all the steps that ought lo have been taken as a Trustee in order lo be aware of any relevant audit information and to establish that the charitable group'8 auditors are aware of that infomalion. Audltors Crry•￿ U.K. LLP, has indicated its. willingnos$ lo be re4ppoinlod 8$ statutory auditor, subject lo the approval of the Board of Trustees. roved by order of the members of the board of Trustees and signed on their behalf by.. Paul Mulr {Chalrl Klmlyo Rlckett (Senior Indepandont Dlrectorl Iz/q14 Page11

TOGETHER ACTIVE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOGETHER ACTIVE

Opinion

We have audited the financial statements of Together Active (the 'charity') for the year ended 31 March 2024 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of 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).

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In our opinion the financial statements:

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 Auditor's 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 United Kingdom, including the Financial Reporting Council'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.

Page 12

TOGETHER ACTIVE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOGETHER ACTIVE (CONTINUED)

Other information

The other information comprises the information included in the Annual report other than the financial statements and our Auditor's report thereon. The Trustees are responsible for the other information contained within the Annual report. 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. 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 course of 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.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees are responsible for the preparation of the financial statements which 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 liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 13

TOGETHER ACTIVE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOGETHER ACTIVE (CONTINUED)

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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 obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Charities Act 2011 together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The key laws and regulations we considered in this context were General Data Protection Regulation, health and safety legislation and employee legislation.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection of regulatory and legal correspondence, if any.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be in the following areas: timing of recognition of income; the override of controls by management, including posting of unusual journals; inappropriate treatment of non-routine transactions and areas of estimation uncertainty.

Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, review and discussion of non-routine transactions, sample testing on the posting of journals and income transactions, review of accounting estimates for biases and the review of minutes.

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 non-compliance. 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 Auditor's report.

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TOGETHER ACTIVE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOGETHER ACTIVE (CONTINUED)

Use of our report

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditor's 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 its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Crowe U.K. LLP

Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG

Date: 17October 2024

Crowe U.K. LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 15

TOGETHER ACTIVE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Note
Income from:
Grants
3
Other income
4
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
Restricted
funds
2024
£
662,173
-
662,173
659,116
659,116
3,057
335,540
3,057
338,597
Unrestricted
funds
2024
£
14,923
1,729
16,652
98,133
98,133
(81,481)
598,348
(81,481)
516,867
Total
funds
2024
£
677,096
1,729
678,825
757,249
757,249
(78,424)
933,888
(78,424)
855,464
Total
funds
2023
£
768,971
4,156
773,127
859,092
859,092
(85,965)
1,019,853
(85,965)
933,888

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 19 to 34 form part of these financial statements.

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TOGETHER ACTIVE

BALANCE SHEET AS AT 31 MARCH 2024

Note
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current assets
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds
157,986
763,614
921,600
(66,136)
2024
£
-
855,464
855,464
338,597
516,867
855,464
33,013
955,823
988,836
(55,615)
2023
£
667
933,221
933,888
335,540
598,348
933,888

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Paul Muir (Chair) (Chair of Trustees) Date:

Kimiyo Rickett (Senior Independent Director)

The notes on pages 19 to 34 form part of these financial statements.

12.09.2024

12.09.2024

Page 17

TOGETHER ACTIVE

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Note
Cash flows from operating activities
Net cash provided by/(used in) operating actvities
17
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
18
The notes on pages 19 to 34 form part of these financial statements
2024
£
(192,209)
(192,209)
955,823
763,614
2023
£
168,616
168,616
787,207
955,823

Page 18

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. General information

The organisation is a charitable incorporated organisation (CIO), incorporated and registered as a charity on 13 January 2020. The principal office is the Mellor Building, 2nd Floor IEZ Hatchery & Incubator, Staffordshire University, College Road, ST4 2DE. The charity's registered number is 1187329. The charity is registered in England & Wales.

Together Active is an independent charity and the Active Partnership for Staffordshire and Stoke-on-Trent. It aims to work in collaboration with communities and partner organisations to influence the systems that work around it to incorporate physical activity at all levels, so that physical activity is used as a tool to achieve positive outcomes across a range of circumstances.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared 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), the Financial Reporting Standard applicable in the UK 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 Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Together Active 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.

The financial statements are prepared in GBP, the functional currency, and rounded to the nearest GBP.

2.2 Going concern

The Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 19

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

2. Accounting policies (continued)

2.4 Expenditure

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 allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

2.5 Redundancy and Termination costs

Redundancy and termination costs only occur where absolutely necessary and are accounted for on an accruals basis when the commitment to terminate a post on the grounds of redundancy has been made.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £750 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer and office equipment - 33% straight line

Page 20

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

2. Accounting policies (continued)

2.7 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.

Cash and cash equivalents

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 21

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

3. Income from grants

Grants
Total 2023
Restricted
funds -
Sport
England
2024
Unrestricted
funds
2024
£
£
662,173
14,923
715,469
53,502
Total
funds
2024
£
677,096
768,971
Total
funds
2023
£
768,971

4. Other incoming resources

Other Income
Total 2023
Analysis of grants
Grants
Total 2023
Unrestricted
funds
2024
£
1,729
4,156
Grants to
Organisations
2024
£
77,912
299,652
Total
funds
2024
£
1,729
4,156
Total
funds
2024
£
77,912
299,652
Total
funds
2023
£
4,156
Total
funds
2023
£
299,652

5. Analysis of grants

Page 22

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

5. Analysis of grants (continued)

During 2023-24, Together Active operated the following grants programmes on behalf of Sport England, overseeing distribution of the funds across Staffordshire and Stoke-on-Trent:

• Together Fund – a national replacement for the Tackling Inequalities Fund, with a focus on supporting organisations to recover from the pandemic or to survive the cost of living crisis. These organisations target people from priority groups (those on low incomes, those with long-term health conditions or disabilities and those from ethnically-diverse communities). Maximum grants are normally £5,000 per organisation. Twenty organisations were supported during the financial year. The majority of organisations we have funded through this programme are registered charities, Community Interest Companies or local voluntary organisations.

• Satellite Clubs (national Sport England programme) – a programme to set up local sport and physical activity clubs that are designed around the needs of inactive young people age 14 – 19years. Maximum grants are normally £2,500 per organisation. We supported two organisations during the financial year. The majority of organisations we fund through this programme are voluntary sports clubs, Local Authorities and Leisure Trusts.

6. Analysis of expenditure on charitable activities

Summary by fund type

Costs of Running Charity
Total 2023
Restricted
funds
2024
Unrestricted
funds
2024
£
£
659,116
98,133
859,092
-
Total
2024
£
757,249
859,092
Total
2023
£
859,092

7. Analysis of expenditure by activities

Costs of Running Charity
Total 2023
Activities
undertaken
directly
2024
£
266,105
211,646
Grant
funding of
activities
2024
£
77,912
299,652
Support
costs
2024
£
413,232
347,794
Total
funds
2024
£
757,249
859,092
Total
funds
2023
£
859,092

Page 23

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

7. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Programmes
Professional fees
Travel
Telephone
Training
Computer costs
Insurance
Hire of equipment and facilities
Post and stationery
Office equipment & furniture
Marketing and promotions
Total 2023
Activities
2024
£
194,121
58,681
-
21
-
50
12,331
-
-
-
-
901
266,105
211,646
Total
funds
2024
£
194,121
58,681
-
21
-
50
12,331
-
-
-
-
901
266,105
211,646
Total
funds
2023
£
120,383
72,903
30
4,097
1,123
230
2,274
455
10,087
4
60
-
211,646

Page 24

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

7. Analysis of expenditure by activities (continued)

Analysis of support costs

Staff Costs - Support
Sundry
Professional fees
Telephone
Travel
Marketing
Hire of equipment and facilities
Training
Computer costs
Rent
Accountancy
Audit
Subscriptions
Insurance
Staff expenses
Recruitment costs
Post and stationery
Office equipment and furniture
Depreciation - office equipment
Total 2023
Activities
2024
£
281,254
840
36,055
4,281
5,856
-
-
8,787
11,329
13,536
1,696
7,364
3,704
2,552
3,668
30,642
674
328
666
413,232
347,794
Total
funds
2024
£
281,254
840
36,055
4,281
5,856
-
-
8,787
11,329
13,536
1,696
7,364
3,704
2,552
3,668
30,642
674
328
666
413,232
347,794
Total
funds
2023
£
275,019
2,552
9,942
2,345
4,279
12,750
198
2,028
8,821
12,782
1,201
5,400
4,366
3,833
-
-
1,047
565
666
347,794

Page 25

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

8. Auditor's remuneration

2024 2023
£ £
Fees payable to the Charity's auditor for the audit of the Charity's annual
accounts 7,560 5,400

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
2024
£
449,680
15,288
10,407
475,375
2023
£
328,950
30,106
36,346
395,402

During the year there were redundancy or termination payments recognised which amounted to £98,133 (2023 - £Nil) . There was £Nil (2023 - £Nil) outstanding at the year end.

The average number of persons employed by the Charity during the year was as follows:

2024 2023
No. No.
Average number of employees 9 10

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was 1 (2023 - £Nil) .

The key management personnel of the charity consists of the Chief Executive, Chief Operating Officer, Digital, Campaigns and Health Manager, Young people and Workforce Manager, Active Places Manager and the Insight, Evaluation and Engagement Manager. The total cost of key management personnel was £212,002 (2023 - £251,250) .

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 31 March 2024, expenses totalling £ 71 were reimbursed or paid directly to 1 Trustee (2023 - £356 to 1 Trustee) . This was for the reimbursement of travel and subsistence costs.

Page 26

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

11.
Tangible fixed assets
Cost or valuation
At 1 April 2023
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
12.
Debtors
Due within one year
Trade debtors
Prepayments and accrued income
2024
£
21,496
136,490
157,986
Computer
and office
equipment
£
1,999
1,999
1,332
667
1,999
-
667
2023
£
24,790
8,223
33,013

Page 27

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

13. Creditors: Amounts falling due within one year

Trade creditors
Other creditors
Accruals and deferred income
Deferred income at 1 April 2023
Resources deferred during the year
Amounts released from previous periods
2024
£
36,078
12,679
17,379
66,136
2024
£
3,583
1,042
(3,583)
1,042
2023
£
5,000
13,385
37,230
55,615
2023
£
19,156
3,583
(19,156)
3,583

Page 28

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

14. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds - all funds
Restricted funds - Sport England
System Partner Funding
Together & Tackling Inequalities Funds
Birmingham 2022 (B2022)
Satellite Clubs
Moving Communities
Active Partnerships - Opening School
Facilities
Staffordshire County Council - Open Data
Post
Black County Consortium - Gen 22
West Midlands Virtual Schools - Virtual
Schools
British Blind Society - See My Voice
Other Restricted Grants
Total of funds
Balance at 1
April 2023
£
598,348
223,134
82,367
557
4,622
-
-
10,073
5,274
45
5,000
4,468
335,540
933,888
Income
£
16,652
592,490
-
-
-
26,400
30,319
5,250
-
7,714
-
-
662,173
678,825
Expenditure
£
(98,133)
(491,568)
(82,367)
(557)
(4,622)
(26,400)
(30,319)
(5,250)
(5,274)
(7,759)
(5,000)
-
(659,116)
(757,249)
Balance at
31 March
2024
£
516,867
324,056
-
-
-
-
-
10,073
-
-
-
4,468
338,597
855,464

Page 29

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

14. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds - all funds
Restricted funds
System Partner Funding
Together & Tackling
Inequalities Funds
Children & Young People
Funding
Birmingham 2022 (B2022)
Satellite Clubs
Commonwealth Games Legacy
Other Sport England Funding
Active Partnerships - Opening
School Facilities
Staffordshire County Council -
Open Data Post
Black County Consortium - Gen
22
West Midlands Virtual Schools
- Virtual Schools
British Blind Society - See My
Voice
Other Restricted Grants
Total of funds
Balance at
1 April 2022
£
540,011
-
191,772
138,614
99,375
34,582
9,209
500
-
1,322
-
-
-
4,468
479,842
1,019,853
Income
£
57,658
559,898
75,000
-
-
-
4,792
1,200
30,319
16,032
15,000
7,728
5,000
500
715,469
773,127
Expenditure
£
-
(336,764)
(184,405)
(138,614)
(98,818)
(29,960)
(14,001)
(1,021)
(30,319)
(7,281)
(9,726)
(7,683)
-
(500)
(859,092)
(859,092)
Transfers
in/out
£
679
-
-
-
-
-
-
(679)
-
-
-
-
-
-
(679)
-
Balance at
31 March
2023
£
598,348
223,134
82,367
-
557
4,622
-
-
-
10,073
5,274
45
5,000
4,468
335,540
933,888

Page 30

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

14. Statement of funds (continued)

Together Active reports the breakdown of restricted funds, giving individual fund balances, rather than totals grouped by cost centre.

Sport England System Partner & Delivery Funding : In April 2022 Sport England adopted a new approach to partner funding which considered their future investment in existing partners to help deliver the Uniting the Movement Strategy. Key investment funding was awarded in April 2022 to run until 31st March 2027 and includes support for agreed systemic outcomes, and delivery funding in relation to children and young people.

Together & Tackling Inequalities Funds : These funds are grant programmes operated on behalf of Sport England, with the purpose of supporting organisations to recover from the pandemic, or to survive the cost-of-living crisis. Together Active oversees the distribution of these funds across Staffordshire and Stoke-on-Trent, targeting people from priority groups (those on low incomes, those with long-term health conditions or disabilities and those from ethnically-diverse communities).

Children & Young People Funding : Sport England funding awards carried over from 2022 to support working with children and young people via a variety of programmes.

Birmingham 2022 (B2022) : This is a Commonwealth Games Legacy programme rolled out across the West Midlands. Grants are given to organisations to support community activation of physical activity, focusing on three of the Games missions (Bringing people together; Improving health and wellbeing; Helping the region to grow and succeed).

Satellite Clubs : A programme to set up local sport and physical activity clubs that are designed around the needs of inactive young people age 14 – 19years.

Commonwealth Games Legacy Grants : A programme to provide delivery funding to each School Games Organiser’s Host School within Staffordshire and Stoke-on-Trent, to deliver sport and physical activity events linked to the Commonwealth Games.

Other Sport England Funding : Additional funding, including governance support.

See My Voice (British Blind Sport) : The See My Voice inclusive sports leadership programme was designed to recruit 15 young leaders, fund the membership of Sports Leaders UK and qualification fees for each learner. Together Active worked in partnership with Bee Active to deliver the project in Staffordshire and Stoke-on-Trent.

West Midlands Virtual Schools : Funding for a programme designed to be a support mechanism for children and young people in care, via multi-sports events for children and young people to access alternative activities to ‘give it a go’ and festival events.

Open Data (Staffordshire County Council) : funds designed to support the growth of our open data platform and work. Open data allows activity providers to share their sessions online, so that participants can find and book them easily. By uploading the details of an activity to one location, activity finders like ours can pull that information through and display it in multiple locations on the internet or within apps.

Gen 22 (Black Country Consortium) : This programme was designed to provide volunteering opportunities and to engage young people aged 16-24 into placement / training opportunities.

Opening School Facilities (Active Partnerships) : A programme designed to allocate funds to eligible schools with the aim of creating and increasing sport and physical activity opportunities via opening school facilities.

Page 31

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

14. Statement of funds (continued)

Other Restricted Grants: Other small restricted grants, including underspends from previous years.

Transfers In / Out

A transfer of £Nil (2023: £679) has been made into General Funds because whilst (2023 - £1,146) of expenditure was taken from unrestricted funds, a credit of (2023 - £1,843) was made to unrestricted funds due to a decrease in accrued leave costs compared to 2021-22, leaving a balance of (2023 - £697).

15. Summary of funds

Summary of funds - current year

General funds
Restricted funds
Balance at
1 April 2022
£
540,011
479,842
1,019,853
Balance at 1
April 2023
£
598,348
335,540
933,888
Income
£
57,658
715,469
773,127
Income
£
16,652
662,173
678,825
Expenditure
£
-
(859,092)
(859,092)
Expenditure
£
(98,133)
(659,116)
(757,249)
Transfers
in/out
£
679
(679)
-
Balance at
31 March
2024
£
516,867
338,597
855,464
Balance at
31 March
2023
£
598,348
335,540
Summary of funds - prior year
General funds
Restricted funds
933,888

Page 32

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

16. Analysis of net assets between funds

Analysis of net assets between funds - current period

Current assets
Creditors due within one year
Total
Restricted
funds
2024
Unrestricted
funds
2024
£
£
404,733
516,867
(66,136)
-
338,597
516,867
Total
funds
2024
£
921,600
(66,136)
855,464

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total
Restricted
funds
2023
£
-
391,155
(55,615)
335,540
Unrestricted
funds
2023
£
667
597,681
-
598,348
Total
funds
2023
£
667
988,836
(55,615)
933,888

17. Reconciliation of net movement in funds to net cash flow from operating activities

Net expenditure for the period (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
Increase in creditors
Net cash provided by/(used in) operating activities
2024
£
(78,424)
667
(124,973)
10,521
(192,209)
2023
£
(85,965)
666
246,075
7,840
168,616

Page 33

TOGETHER ACTIVE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

18. Analysis of cash and cash equivalents

Cash in hand
Total cash and cash equivalents
Analysis of changes in net debt
Cash at bank and in hand
At 1 April
2023
£
955,823
955,823
2024
£
763,614
763,614
Cash flows
£
(192,209)
(192,209)
2023
£
955,823
955,823
At 31 March
2024
£
763,614
763,614

19. Analysis of changes in net debt

20. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £3,062 (2023 - £3,616) were payable to the fund at the balance sheet date and are included in other creditors.

21. Related party transactions

During the year, Together Active did not receive any grants (2023 - £2,500) from Stafford Borough Council. Tim Clegg, a Trustee of Together Active, is also a Chief Executive at Stafford Borough Council. There were no balances outstanding at the year end.

Page 34