ASHTON COMMUNITY TRUST GROUP STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2026 Cuffont flnanclal year Unrastrlcted Ro8trlctad funds fund8 2025 2026 Total Total 2025 2024 Notss moando Donations and18gaci8S Income from charitable actlvities Other tradlng actlvlties Investm8nts other Income 88,952 4,490 93,442 2,414,010 3,565,872 5,979,882 6,025 6.025 89,701 89,701 28 9,040 19,974 4,762,258 8,187 61,333 54,347 9,012 Totsl Incomo 2.598.716 3,579,374 8,178,090 4,908,097 dlt Exp&nditure from charltable act5vltl8s 2,335,326 3,533,007 5,868,333 5,074,577 0th8r 13 128,540 128,540 134,433 Totsl expondlturn 2,463,888 3,533,007 5,996,873 5,209,010 Net Incomlngl(outgolng} re8ourcg3 boforo tran8fern 134,850 46,367 181,217 (302.913} Gross tran8f8r8 belween fund8 (34,980) 34,980 Net Incomollexpendltur•) for the yearl N•t movement In fund8 99,870 81,347 181,217 (302,913> Fund balances at 1 Aprll 2024 1,988,126 206,105 2.194,231 2,497,144 Fund balan¢g9 at 31 March 2025 2,087,996 287,452 2,375,448 2,194,231 The statement of financlal actNities Includes all gains and losses recognlsed in the year. The stat8ment of financlal activities includes all gains and losses recognised Sn the year. All income and expenditure derfv8 from continulng activities. The statement of financial actlvities also complles with the requlrem8nts for an Income and expenditure account und8r the Companies Act 2006. -24-
ASHTON COMMUNITY TRUST GROUP STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prlor financlal year Unrastrlctod Reslrfctad fund¥ fund8 2024 2024 Total 2024 Noto8 ncom8 and Donations and18gaci8S Income from charitable act5vities Other trading actlvltSes Investm8nts Other Income 8,955 11,019 19,974 2,081,447 2,880,809 4,782,258 8,187 8.187 81,333 81,333 9,281 54.347 45,086 Total Incomo 2,169,203 2,738,894 4,908,097 Expenditur8 from tharltab16 actlvltles 2,243,025 2,831,552 5,074,577 other 13 134,433 134,433 Totsl expendlturn 2.377,458 2,831,552 5,209,010 Nel Incomlngl(outgolng) r0gourc08 boforo tron8fern (208,255) (94,658) (302,913) Gross transfers belween fund8 (46,544) 46,544 Net In¢om91laxpondlturo) for tho yoarl Not movomont In funds {254,799) (48,114) (302,913) Fund balances at 1 April 2023 2,242,925 254,219 2,497,144 Fund balance• at 31 March 2024 1,988,126 206,105 2,194,231 -25-
ASlffON COMMUNrrY TRUST OROUP BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Not•• Flx•d a•wts Tanglbla a8s1ts 15 473,216 499.500 Cuvr•nl ••••(• Debtors Cash at bank and In hand 16 1.280,286 1,593,831 1.053.627 1,166.643 2.874,117 2,220,270 Credllor8: affl0 falllng du• wlthln ono y••r 17 (971,884) (398,082) Net currfjnl 4$8018 1,902,233 1,822,188 Total a•4et8 IM• ourrnnt Iiabllltl•• 2,370,448 2,321,688 PmvlBlon• for Il•bllltle8 (127.45n K•t 4¥••ts 2,375,448 2.194,231 Incom• lund• R061rkled funds 21 287,462 206,106 Do8lgnated ldI Goneral unre8trlcAed funds 22 1,244,843 843.153 1.270,194 717.932 2.087,996 1,988,126 2,378,448 2,194,231 Th8 financlal 8 temenl$ w8re approved by the Tfu$l•a$ on .. M Mullan Th18t•• ¢YHagan Company r•gl8iratlon number N1034590 .26.
ASHTON COMMUNITY TRUST CHARITY BALANCE SHEEr AS AT 31 MARCH 2025 2026 2024 Not01 Flxod a•wts Tanqlble 88set6 457,736 483,087 Curr•nt a•$•t• Debtors Cash al bank and In hand 1,270,571 1,442,349 1.038,582 1.081.154 2,712,920 2,119.738 Cr•dllor•: amounts f•tUng du• wllhln on• y•ar 17 (954.477) (382.709) Not ¢urrnnt a8¥ela 1,7S8,443 1,737,027 Total a•••l• l••• ¢uThent Ilabllltle8 2,218,179 2.220.114 Provl•Son• lor lknblllll•• (127,457) N•t a•••ts 2,218,179 2,092,857 Incomo fund• Ro$trkted fund8 21 188.148 144.225 D8slgn8ted fvrtds Genoral unr9¥trfel•d lundi 22 1,244,843 783,190 1.270,194 878,238 2,028,033 1,948,432 2,216,179 2,092,857 The finandal stalements were approved by Ihe Tru8tee$ on ......... Mr M Muiian TNstsa 'Hagan ru8t•o Company R•gl8lmtlon No. N1034595 -27-
ASHTON COMMUNITY TRUST CONSOLIDATED STATEMENT OF CASH FLOWS FOR THEYEAR ENDED 31 MARCH 2025 2026 2024 Nots8 Ca8h IIow8 from oporatlng acllvlllo$ Cash gen8rated from operallons 27 361,646 370,021 Invo8tlng actlvltle8 Purcha89 oftanglble fixed 88set8 Investment Incoma r8C85ved (24,159) 89,701 (25.504) 61.333 Net Co$h genorated from Invosllng acllvltles 65,542 36,829 Net ca•h u8•d In financlng actlvlll•8 Net In¢r•a80 In ca8h and ca8h equlvalgnts 427,188 405.850 Ca8h and cash equivalents at beglnnlng of year 1.186,643 760.793 Cash and ¢agh oqulval•nt8 at end of year 1.593,831 1,168,643 -28-
ASHTON COMMUNITY TRUST CHARITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2026 2025 2024 Note¥ Ca¥h fiows from oporating a1VItIeS Cash ganerated from op8rations 27 291,429 375,815 Invosllng actlvltle8 Purchase of tangibl8 fixed assets Investment incorne recelved (19,935) 89,701 (24,044) 81,333 Net cash neratsd from Investlng actlvltle8 69,786 37.289 Net cash ed In flnanclng acllvlllej Not In¢reu• In ca8h and cash •qulvahnts 361,195 413,104 Cash and cash equlvalents at beglnnlng of year 1,081.154 668,050 Ca8h and ca•h equlval•nts at end of year 1,442.349 1,081,154
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢countlng pollcles Charlty Infommllon Ashton Communlty Trust 53 a private company Ilmited by guarantee Incorporated In Northem Ireland. The registered office Is Ashton Centre, 5 Churchill Street. Belfast, BT15 2BP. 1.1 Accountlng convenllon Tho financial statements have been prepared In accordance wlth the Companles Act 2006 and "AccountSng and Reportlng by Chariti88: Statement of Recomm8nd8d Practice applicable to charities preparing Ihelr accounts in accordance with the Flnanolal Reporting Standard applicable In Ihe UK and Republlc of Ireland (FRS 102) (effectlve 1 January 2019)" The charity Is a Publlc Benefft Entlty as dafined by FRS 102. Tha financlal 81a18menls are prepared In sterllng, whlch Is th8 functlonal currency of th8 charfty. Monetary amounts In these financial statements are rounded to the nearest £. Th8 financlal slatements hav8 bèen prepared undar the hlstorlcal cost convention, modffied to Indude tha révaluatlon of c8rtaln financlal In8truments al falr value. The prlnclpal accounting pollcles adopted are sal out balow. The financlal statement8 consolldate the accounts of Ashton Communty Trust and If8 subsldlary undertaklngs {'subsSdlary'). The charlty has taken advantag8 of the exemptlon contalned wlthln section 408 of the Companies Act 2006 not to presenl Its own Incom8 and Expenditure Account. Tre Income and axpenditure account for the year dealt wlth In the accounts of the charlty was net Income of £123,522 (2024- net 6xp6ndlture £317,786). 1.2 Golng concern These financlal slatemenls have been pr8par8d on the going concern ba318. The tru8tees confim that, in their oplnlon, the organisallon Is a going concern. Th8 trustees are satlsfi8d that, should it be nec8S8ary, the organisalion can be duly right-slzed to enable il to conllnue In operatlonal existence for the foreseeable future. The group ha8 fund balancas at the balance sheet date of £2,375,448 and adequate re8ouroes to contlnue to rneet its obllgations for at lea81 the next 12 months. Taking all factors into con8lderation, al the time of approvlng the financial statements, the trustees have a reasonable expectatlon that the group has adequate re80urc88 to continue in operallonal exist8nce for the foreseeable future. Thus the trustees continue to adopt the golng concem bas18 of accounting in pr8parlng the finandal statem8nls. 1.3 Charltable fund3 Unreslrlctad funds are avallable for use at the discration of the trustees In fvrtherance of their charltable oblectivas. Designated funds comprlse funds which have been set aslde at the discretion of the trustees for speclfic purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. Restrlcted funds are subject to speclfic Conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds ar8 $8t out In the notes to the financial Statements. -30-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollclos Icontlnued) l A Incomlng ro8ourc88 Income Is recognised when the charlty Is legally entttled to It after any performance condltlons have been met. th8 amounts can be measured reliably, and It Is probable that Income wlll ba recelved. Cash donatlon5 are recognlsed on recelpt. Other donatlons are recognlsed once the charity has been notified of th8 donation. unless p8rformance conditions requlra d8f8rral of the amount. Income tsx recov8r8bla In relation lo donatlons r8c8lved under GSftAld or deeds of covenant Is recognis8d at the tlme of the donation. Lagacies are regnIS@d on recelpt or otherwls8 If th8 charlty has been notlfi8d of an Impendlng distrlbution, the amount is known, and recelpt Is exp8d8d. If the amount Is nol known, the legacy is treated as a contingent asset. 1.8 R8source• expended Expenditure Is recognSsad once there is a legal or constructlve obllgatlon to transfer economlc benetlt to Ihlrd party, It Ss probable that a transfar of e¢onomlc benefits wlll be requirad In 8ettlement, and tho amount of the obllgalion can be measured rellably. Expendlture Is classlfied by actlvlty. The costs of each actlvlty are made up of tha totsl of dlrect costs and shared costs. Including support costs Involved in undertaklng each actfvlty. Dir8Gt costs attrlbutable to a single actlvlty are allocated dlrectly to that activity. Shared costs whlch contrlbute to more than one activlty and support costs whlch are not attributable to a slngle actlvlty are apportloned belween those acllvltles on a basis conslstent with the use of r8sourcas. Central staff costs ar8 allocated on the basls of lime spent, and depreciation charges ar8 allocated on the portlon of the asset's use. Expenditur8 Is recognised once ther8 Is a legal or conslruct5v8 obllgallon to transfer economlc benefft to a third party, It is probable that a transfer of economlc benefits will be required In s8ttlem8nl and Ihe amount of th8 obllgation can be measured reliably. Expendlture is dassSfied by acllvlty. Th8 Costs of each activlty are rnade up of the total of dlrect costs and shared costs, Including support costs Involved In undertaklng each activity. Dlrect costs attrlbutable to a slngle activily are allocated dlrèctly to that activity. Shar8d costs whlch contrlbute to mor8 than one activlty and support costs whl¢h are not attribulable to a single activlly are apportioned bea@n those activities on a basis conslslent with the use of resources. C8nlral staff costs are allocaled on tho basls of tlme spent, and depreciaiion charges allocated on the portion of the asset's use. Support costs are those costs incurred dlrectly In support of expenditure on Ihe objects of the charity. Governance costs are those Incurred In connecllon with admlnistfalion of th8 charlly and compliance wlth conslilutional and ststutory requirements. Costs of generatlng funds are costs incurred In attracting voluntary Sncome. and th088 incurred in tradlng activi118S that raise funds. CharStable activltles and Governance costs are costs incurred on the charity's operations, Including support costs and costs relating to the governance of the charity apportioned to charitable activities. 1.6 Tanglble flxed assets Tangible fixed assets are initlally measured at cost and subsequentty measured at cost or valuation, net of depreciation and any impalrment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their US8ful lives on the followlng bases: Freehold land and buildings Fixtures and fittlngs Computers 20k straight line 150A-25Oh reducing balanc8 and 250h straight Ilna 25¥h reducing balance 31
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2025 A¢counttng pollclo8 Iconllnued) The gain or loss arfsing on the dlsposal of an ass8t 18 det8milned as th8 difference belween the sal8 proceeds and th8 carrying value of the asset, and is recognlsed In the stat8m8nt of financlal actlvities. 1.7 lrnpalnnent ol flxed ag88ts Al each r8POrting 8nd date. the charlty reviews tha carrylng amounts of its tanglble assets to d8termlne wh8lher there Is any indlcatlon that Ihose assets have suffered an impalmient loss. If any such Indicatlon exists, the recoverable amount of the asset Is estlmated In ord8r to detemilne the 8xient of tha Impalrment loss (if any). Ca•h and cash oqulvalent8 Cash and cash equiva18nts include cash In hand, d8poslts held at call wlth banks, other short-term Ilquld Investments wlth original maturitlas of three months or less, and bank overdrafts. Bank overdrafts are shown wllhin borrowlngs in current Ilablliti8S. 1.9 Flnanclal In•trumonts Th8 charlty has elected to apply th6 provlslons of Sectlon 11 '8aslc Flnanclal Instwmant8' and Secllon 12 'Olher Financlal Instrumentslssues, of FRS 102 to all of ils financlal Instruments. Flnandal instruments are recognlsed In the chatltys balance Sheet when the charty becomes Party to the conlractual provlsions of the Instrument. Flnancial assets and liabllitles are offset, wlth the net amounts presented In th8 financlal statements, when there Is a legally enforceable rSght to set off the recognlsed amounts and there Is an Intentlon to settle on net basis or to r8allse the asset and settle the IlabS11ty simulianeously. Ba$1¢ flnanclal assets Baslc financlal assets, which Include debtor8 and cash and bank balances, ara Inltlally measured at transaction prlce Including transaction costs and are subsequently carrSed at amortlsed cost using the effectlve Interest method unl8SS the arrangement constllules a finandng transactlon, wher8 the transactlon Is measured at the present value of the future recelpt5 discounted at a market rate of interest. Financlal assets dassifiad a8 recelvable wlthln one yoar are not amortised. Baslc flnanolal Ilabllltles Baslc financial Ilabllllles, Including credltors and bank loans are Inltlalty recognlsed at transactlon prtce un18SS the arrangement constitutes a financing transaction, where the debt Instwm8nt is measured at th8 present value of the future payments discounted at a market rate of interest. Flnancial Ilabllitie5 classlfied as payable w6thln one year are not amortised. Debt Instruments are subsequently carrled at amortlsed cost, uslng the effectlve Inter8St rate melhod. Trade credltors are obligations to pay for goods or services that have been acqulred In the ordlnary course of operations from suppliers. Amounts payab18 are classified as current liabilities if payment Is du8 Wlthln one year or less. If not, they are presented as n0n-cuent liabllllles. Trade creditors are recognis8d initially at transaction prlce and subsequently m8asured at amortlsed Cost using the effeclive Interest method. Derecognltlon of financlal Ilabllities Flnancial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. -32-
ASHTON COMMUNITY TRUST NOTE8 TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2026 A¢countlng pollclos (Contlnued) 1.10 Provl8lons Provisions are recognl88d when the charlty has alegal or Constructlve pr8s8nt obligatlon as a resuli of a past event, it Is probabl8 that the charlty wlll be requlred to settle that obllgallon and a reliable estlmate Can be made of th8 amount of the obllgation. The amount recognised as a provlslon Is the best e8timate of the consideration requlr8d to settle the pr8S8nt obllgatlon at the reporting end dat8. tsking Into account the risks and uncertalntles surroundlng th8 obligation. 8r8 the effect of the time value of money Is material, the amount exp8Ct8d to be required to settle the obligation Is recognlsed at present value. IMi8n a provisSon Is measur8d at present valu8, the umvlndlng of the dlscount 18 r8cognlsed as a financa cost In net Incomel(&xpenditure) In the perlod In which It arls8S. 1.11 Employee bonofi18 Th8 C08t of any unused holSday antitlement Is recognlsad In tha perlod In whlch tho employee's servlces are recèivad. Teminatlon benefits are recogn188d Immedlately as an expense when thè charlty18 domonstrably ¢ommlttad to terminate the employment of an employee or to provide tarmlnailon benefits. 1.12 R•tlroment boneflts Payments to defined contribution retlrement benefit schemes are charged as an expense as they fall due. crftlcal accountlng 08tlmato1 and Judg9ments In the application of the charlty's a¢¢ountlng policies, the trust888 are required to make judgements, estimates and assumptlon8 about the carrying amount of assets and Ilabllitias that are not readSly apparent from other sourc88. The estimatas and assoclated assumptions ar8 based on hlslorlcal experience and other factors that are conslderad to be relevant. Actual rosult8 may dlffer from those e811m8tes. Th8 88tlmates and underfying assumptlons arg revlewed on an ongoing basls. Revlslon8 to acaountlng estimates are recognised in the period In which the estimate Is r8vis8d where th8 revlsion affects onty that period. or In the period of the revlslon and future periods wh8re the revlslon affeds both current and future periods. Kèy sources of estlfflatlon uncertalnty Flxed A880t8 The annual depreclation charge on fixed assets depends primarily on the estlmated lives of each type of asset and estimates of residual valu8s. The directors regularly review these asset lives and change them as necessary to refled current thinking on remalning lives in light of prospeclive economic ulllisation and physlcal condition of the assets concerned. Changes in asset lives Can have a significant impact on depreciation and amortisation charges for the period. Detail of the useful lives Is Included In the accounting policies. Debtorn Short term debtors are measured at transaction price. less any Impairnent. Impairment of such d8btors involves some estlmation uncertalnty. Restrlcted and Unrestrlcted Funds Judgements are made in ielalion to allocation of income and expendire to restricted and unrestricted funds. Th8 alk)cation of funds is based on the Interpretation of grants and donations received. -33-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incoma from donatlons and legacle8 Unrn8trlcted Re8trlcted fund3 funds 2026 2025 Total Unrostrlctod Ro¥trlcted fund8 fund$ 2024 2024 Total 2025 2024 Donations and glfts 88.952 4,490 93,442 8,955 11,019 19,974 Incomg from other tradlng a¢llvltlo8 UnM8trlctad Unmtrlctad fund8 fund8 2023 2024 Tradlng actlvlty Income.. other 6,025 8,187 Incom8 from Invo8lments Unre8trl¢tod Unro8trlcted funds fund8 2025 2024 Interest racelvable and Investment Income Rental income 81,290 8,411 52,922 8,411 89,701 81,333 Other Income Unrestrlcted Rtcted funds fund8 Total Unrestrfcted Restrlcted fund8 funds Total 2025 2026 2025 2024 2024 2024 Other InMe 28 9,012 9,281 45,066 54,347
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENT8 (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2025 ¢om• from crIbI• •¢Nvltte• TAlffllni & & Youlh Coml0th¥1PrI l•n141H••tth efiwloyfflwt Flffjly D•v•lDpm•tyt P•¥•lopm•nt •¥pport Pr•ifvmfft•i pr0Mm4 Chwthbla gGtl¥lth• 1,713,222 1,187.aM 1.471.199 760.$14 294.786 582.717 5.979.882 4,762,266 An1¥ by fund 838,368 163,e01 1.283.825 1.078,854 1,014,043 207.374 82,820 8e7,494 ¥,353 291.433 274,043 2.414.010 308,874 3.685.872 2.C¢l,447 2,e80,809 Road furhth 1,713.222 1.187.844 1,471,189 760,3t4 294,788 682.717 5,979,8B2 4.762,268 P•rf0rn4nc• r•lat•d4Mnl• & suNIr &Thlc• Be118 H•allh & Soclgl ¢aroTwot DopJrtm•nllor Cortmunttloi D¢pertm•nl ¢orth• Eeonomy 1,128,311 589.911 1.128.311 798,434 857,010 658 81,212 1,Og4,141 273,921 127.301 109,020 109.020 473,697 2,051,374 204,152 119.774 558 2,800 1,004,141 7,371 191,141 712,664 198,903 558 108,302 1.Cfj7,119 287,742 183,608 196,044 1.34T,011 8,687 1,•è9 76.713 Chlk*4r• FM• EducHtlonAulhorfW BIgLoti¢ryFund TEO 273,921 127,201 1.129,638 90,074 336,408 19,fj61 1.713.222 1,187,044 1,471,199 750,314 294,788 582.717 5,D79,8B2 4.762,258
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENT8 (COMTINUEDI FOR ThE YEAR ENDED 31 MARCH 2020 Inrn• from ¢harlt•bh a¢ffvM•• Forlh• y•r •nd•d 31 Mqrnh 2024 CNlthr•& Y•Llh ¢•mni•WOth•rPr41•0 PAn1¥ Ow•lgpmwl D•¥•lopm•nt •upport Pr•llAmm•i M•nt41 Hutth ew1vyt 8•th• 8•rvl Chwlabha¢tMU 1,435,144 869,484 1.357.278 802,138 128,03 309,398 4.782.256 ANty¥l• by lund Uni••trf¢tid fund• R••trlthdlundi $80278 854,489 78.OC 1.189.240 693.484 188,038 94,109 768,029 1,867 128,888 159,955 2,OB1,447 149,441 2.660,809 1,436.144 e89,464 1,357,278 862.138 12P,830 309,388 4,7e2,250 P•rforn4rK• r•l•t•d grant• dins & Survknr• Sofvle Beffo asod Car•Tnwt Dop1thnI1TCOMnnllle1 Doplrtmèntforthg ErnY Cty¢ounc51 Chldcare F?9¥ EdutIvnAUth¢rty 819 LotteryFund TEO eeo,325 636,IS1 e60,325 712,564 198,903 668 108,382 1,ce7,119 287,742 183,608 198,044 309.396 1,347,011 178,413 113,188 31,353 18,987 35,396 81768 23.e24 1,C47,119 287.742 123,898 68.710 198,IM4 42.624 638,111 348,7n 10,107 1,435,144 089.484 1,357.278 882,138 128,838 309,398 4,782,268
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 20215 ExpindSJr• from ¢rflbT• a¢tlvlU•• Vl¢llm• & Tr•lnln9 & Chlld¢qr• & Ywth CommuNty M•nt•l H•4llh 2mploym•nt Fthlty D•vdopm•nt O•v•lopm•nl 8•r¥lc 8•rvlc•s 8upport Progrnmm•i Pro9r•mma• 2026 2020 2020 Olh•r 2020 staff coats e48,454 16.698 60,190 19,382 J45,987 5S,829 361,317 711.037 5,277 4,449 1.132.730 9,824 $5,887 31.010 442,76B 7,780 178,fj 12,844 487,1 3.484,Q65 50,445 3N,893 83,818 345.887 572,14e 997.201 3,144,422 53.080 135,885 119,568 89,120 459,179 1.073,303 1,870 1.626 Ront& H•rfl&hl& p0r Cown••lllng & th8r4p•uU¢iupeNhlon• Traknlng deknry¢oJl• Othor¢o 4e,182 17,841 2e8 70,741 153.ye8 71,S2B 72.76S 275,040 91,294 127.281 1,497,817 1.079,2Cé 1.321.82S 770,see 291,125 907.994 6,868.333 6,074,577 1,497,817 1,070.2Q6 1,321.626 770.688 291,125 907.904 6,8e8.333 5,074,577 Anaty•l• by ld Unrwtrlct¢d fund• R••trknt•dfvndB 41e,420 1,081,397 58,633 1,020,673 1,124,082 197.863 69,802 700,764 1,712 289,413 6e4,697 2,¥36.328 243,297 3,633.007 2,243,025 2,831,552 1.497.817 1,079,208 1.321,625 770,$66 291.126 907,994 5Ae8,393 S.074,677 .37-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMEiif8 (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2020 xp•ndlbJrn frMI ohidtsbl•4¢lfvlti Forth• y•4r •nd•d 41 M•r¢h 2024 Vktlm• & Tralnlng & Chlldurnth Youth CommunltyQth•r Pro¢1* M•nt•l H•th Pmploym•nt F•mlly D•v•lopm•nt D•v0PM•t 8•NIc•• 8•r¥l¢ 8upporf Progrnmm•• Pragr•mm 2024 s1collI DopMc14Uon Imp•lrmqnt 919,214 17,143 45,891 15,e51 89,120 69.819 548,391 698.192 5,518 18.614 8.3 1,228,814 17.078 B5.846 39,749 444.216 8,856 7,7a7 142.111 1.990 3,339 19,738 118.078 2,SryJ 4,SS6 8.391 3,144,422 53,080 13s,885 119,6e8 89,120 489.179 1,073,303 H, Ilghl & pmr Tralnh• IC0•t4 27,8Sg T8,382 128 101,W)S 289,338 133,872 82,037 I,165 1e.590 1,393.2 731,799 1,441.313 914,743 183,768 409,725 5,074.677 1,393,229 731.799 1,441,313 914,743 183,788 40e.725 $,074,577 An111• by lund Unr¢Jlrlctsd lund• Reatrmed lund¥ 480,854 ,376 144.330 587,489 1,248,811 192,702 150.476 764,288 18,590 ie7,178 198,185 213,seo 2,243,025 2,e31,662 1,303.229 731,799 1,441,313 914,743 183.7e8 409,725 S.074.677 -38-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEmErs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Ngt movement In lunds 2025 2024 The net movement In funds Is stated after charglngl(crediting}'. Fe8s payable for the audlt of the charlty's financlal statements Depreciation of owned tangible fixed assets Loss on disposal of tangible red assets 4.200 50,445 4.050 53,080 6,978 10 Tru•tO98 None of the truste8s (or any persons conn8Ct8d wlth them) recelved any remunerallon or benefits from th8 charlty during th8 year. 11 Audltorfj romunoratlon Fea• payabl• to th• charlty'8 audltor and ag8oclatO•: 2025 2024 Audlt of the charlty8 annual accounts 4,200 4,050 Oth•r 8ervlce• to tho group Audit of the charivs subsidlary 3,900 3,780 Total audlt fees 8,100 7,830 12 Employoo9 Th8 averag8 monthly number of employee8 durlng the year was.. 2026 Number 2024 Number 142 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 3,031,715 253,401 198,949 2,754,281 210,324 179,817 3,484,065 3,144,422 The number of employees whose annual remuneration was more than £60.000 is as follows: 2025 Numbgr 2024 Numbor £80.001 to £70.000 -39-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employfjes (Contlnued) Rgmunoratlon of key managemgnt porBonn61 Th8 r8muneratlon of key management personnel was as follows: 2025 2024 Aggregate compensation 258,426 254.100 13 othor oxpondlturn Unmtrlctad Unr•8trlct fund• fund8 2026 2024 Nat loss on dlsposal of tsngiblo fLxed assets Exceptlonal costs . 6,976 127,457 128.540 128,540 134,433 Exceptional costs relate to legal and professional f888 Incurred in the current and prior year that are not expected lo recur. 14 Taxallon The diarlty Is 8xempt from Incom8 tax and capital galn8 tax to the extent that its Income and galns are applled for charltable purposes. No tax charge has aiisen In the year.
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2025 15 Tanglblo fixed a•sets Froohold knd Flxturn8 Computorn and bulldlng8 Ilttlng¥ Group Cost Al 1 Aprll 2024 Additions 564,898 198,383 18,341 168.342 5.818 931.623 24.159 At 31 March 2025 564.898 218,724 174,160 955,782 D•pr•¢lallon and Impalmwnt At 1 April 2024 D•praclatlon charg8d In the year 252.494 11.298 86,375 20,121 93,253 19,028 432,122 50,445 At 31 March 2025 263,792 108,498 112,279 482,567 Carrylng amount At 31 March 2025 301,108 110.228 61,881 473,215 At 31 March 2024 312,404 112,007 75,089 499,500 Tanglblo fixed a880t• Frnghold land Flxtur•• and Comput•rn and bulldlng• flttlng• Tolal Charlty Cost Al 1 Aprll 2024 Addltlons 564,898 151,762 14,117 168.342 5,818 885,002 19,935 Al 31 March 2025 564,898 185,879 174,180 904,937 Dopreclallon and Impalmient Al 1 Aprll 2024 Depreciation charged in the year 252,494 11,298 56,167 14,963 93,253 19,026 401,914 45,287 Al 31 March 2025 263,792 71,130 112,279 447,201 Carrylng amount Al 31 March 2025 301,106 94,749 61,881 457,736 Al 31 March 2024 312,404 95,595 75,089 483,088 -41-
ASHTON COMMUNITYTRUST NOTES TO THE FINANCIAL STATEMEKrs (cOnNUED> FOR THE YEAR ENDED 31 MARCH 2025 16 Dgbtorn 2025 2024 Amountj falllng due wlthln ono year: Group Trade debtors other debtors Pr8payments and accrued Income 28.990 789.131 462.165 18,521 788,244 248,862 1,280,288 1.053,627 Charlty Trade debtors Other debtors Prepayments and accrued Income 28,990 797,447 444,134 16,522 788,244 233,816 1,270,571 1.038,582 17 Crndttor8'. amounts falllng duo wlthln one year 2026 2024 Group Other laxallon and 80cial 88curlty Deferred Income Trade credltor8 Other credStors Accfuals 58,391 273,240 203,265 36,519 400,469 51.193 78,244 130,565 42,187 95,893 18 971,884 398,082 Charlty Olher taxation and soclal security Deferred Income Trade creditors Other credltors Accruals 58,391 273,240 202,480 35,229 385,137 51,193 78,244 131,687 38,206 83,379 954,477 382,709 -42-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CoriNuED) FOR THE YEAR ENDED 31 MARCH 2025 18 Doferred Incomo 2025 2024 other deferred income 273,240 78,244 D8f8rred income Is Included In the financial statements as follows: 2026 2024 Def8rr8d Incom6 Is Induded withln: Current IlabS1itie8 273,240 78,244 Movements In th8 y8ar: Deferred income at 1 Aprll 2024 Released from prevlous periods R980urce8 deferred In the year 78,244 178,244) 273,240 163.436 {163,436) 78,244 Deferred Income at 31 March 2025 273,240 78,244 19 Provl•lon8 for Ilabllltle8 2026 2024 Clalm 127,457 At 1 Aprll 2024 Ulilisallon of provlslon 127,457 (127,457) At 31 March 2025 20 Retlroment benefit 8cheme$ 2026 2024 Deflngd contrlbullon 8cheme8 Charg8 to profit or loss In respect of deftned contributlon schemes 198,949 179,817 The charity operales a defined contrlbution penslon sch8me for all quallfylng employees. The assets of the scheme are held separately from those of the charity In an independently administered fund. -43-
ASHTON COMMUNITY TRU8T NOTES TO THE FIMANCIAL STATEMENT8 ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2028 21 RMtrict•d fund• Thér••tl¢l•d IwKl• oflh• thqrfty ••• lh• Un•xpw•d bql•)e41 of dandcl •ffid wwt• •ubJ•d to •p•chloe4ndttl)n• by doncn a lo Ihy MAY b• ed. Plov•m•nt In fund• kn¢4rnlng R•wurv•¥ r•••ur¢ •xpwd•d Mov•mMtln fund• Ino•rnlTrp B•l•n¢•t 1 Aprf12024 l Apdl2023 ¥1 Ilvqh Group ¢lkn¥ &Mental S•NI Trah-dNJ & Empbym¢nl Swvlcal Chldc•r•& Famlty Supwi Se¢•* Yothh Da¥&opm8nl Piogranfftè$ CommunNy D0wk)pml ProgrommB• 37.9 854,888 893,484 188,038 7e8,029 126,9e9 206.628 1808,3761 1587,4701 1192,7021 1784,2871 e8.690 1187.1791 174,445) 1213.5591 18S21 61,507 37,928 1.078,854 11,081.397) 5,994 1,014.043 11.020,6731 207,374 1197.5831 687,494 1700.7841 291,433 1289,4131 322,178 1243,29T) 12,281 636 46,e64 3,220 18.832 114,e55 81,489 9,811 e5,7DJ 11.470 1S4.807 BS,3B4 8,58e 9,460 3,127 71801 254,219 2,738,894 12,831.6S21 48,544 208.105 3.579,374 13,533.0ts7) 34,980 287.462 Charfty dlm &M8nlal Holth SorvI• &Enwbymonl S•rvk•s Chldwe & Famty Suppurt S•Trlc•• Yrxlh D•vdopm•nt PrOgM•$ CcrnnMY Dovobpment ProprAmm•• 37.926 854,888 593,484 108,038 632,612 126,989 205,526 (908.3751 1587.4701 1192.7021 1648,9571 1187,1791 1213,5591 S1.807 37.928 1.078,8S4 11,081,389) S.W 1.014,043 11,020.5731 207,374 1197.5631 481,669 14S1,342) 291.433 1289,4131 322,176 1318,2P7) 12281 45,e62 3,220 41,849 36,105 80,834 9.811 41.398 11,470 79,B07 27,504 6.105 è,480 3,127 71801 198,934 2.601.477 12.714,2421 58,OS6 144,225 9.373.549 13.3E8,5871 28,P5 188.148 8•9rf023 foroxplonatory nots•tothélundi. -44-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CoriNUED> FOR THE YEAR ENDED 31 MARCH 2025 22 Doslgnated fund$ - Charlty and Group The unrestrlct8d funds of the chaiity compris8 th8 unexpended balances of donatlons and grants whlch are not subject to specific condltlons by donors and grantors as to how they may be used. These include designated funds whlch have been set aside out of unr8strict8d funds by th8 trustees for speclfio purpose8. Bolanco at l Aprfl 2023 Tr*n•f•rn Balanc9 at l Aprll 2024 Tran8f•rn lanc• at 31 Mawh 2025 Flxed asset reserve Programme related investment 513,947 1,017,229 {30,860) (230.122) 483,087 787,107 (25,351) 467,738 787.107 1,531,178 (260,982) 1,270.194 (25,351) 1.244,843 Se8 note 23 for axplanatory notes to the fvnds. 23 Explanatory note8 to the fund8 ne sl These funds are avallable for use at the dlscretlon of the trusteas in furtherance of their charltab18 objectlves. si Fixed ass8t reserve is equSvalent to the net book value of the Ghaiity's fixed 8SS8ts that ara used In furtherance of Ihe charity's actmties. Programmo related Investment represent8 a loan to Ashton Contre D8v8lopmant Llmlted. Although thls Investment generat8s sorne financial return, tts prlmary motivatlon Is not financial but Ihe actual furtherance of the charlty's objects, glven the commonallty of many of the objectlves of bolh charllles. Re VKtirns & Mental Health Services r1ve fundlng from the Vlctims and Survivors seIce towards staff costs and delivering a wide range of activitles such as talklng theraples. complementary therapies and soclal SLfPPOrt. Tralnlng & Employm8nt Setvlces recelves fundlng from the Department for Communities to deliver an 'Essential Skills, (Engllsh, Maths, ICT) programme. Chlldcare & Family Support Services receives fundlng towards Kinderkids staffing froffl the Department for Communities and the Pathway Fund. New Lodge Youth Club recelves a number of grants from the Education Authority tackllng a range of socletal issues. Community Development recelves funding from the Community Relations Council and the Departm8nt for Communitios. Transfers During the year. there w8re transfers from unrestricted funds to restricted funds to cover overspènds in certaln prolects. -45-
ASHTON COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2025 24 Analys1* of net a880ts betwoon fund8 Unr08trfcted Re8trlctod funds fund8 2025 2025 Total Total 2025 2024 Group Fund balances at 31 March 2Q25 are representsd by: Tanglble a$s8ts Current assetsl(Ilabllltle8) Provisions 460.846 1,627,150 12,369 473.215 499,500 275,083 1,902,233 1,822,188 (127,457) 2,087,998 287,452 2,375,448 2,194.231 Charfty Fund balanc08 at 31 March 2025 are represented by: Tanglble ass8ts Current assetsl(Ilabllllle3) Provlslons 457,738 1,570,297 457,736 483,087 188,146 1,758.443 1,737,027 (127,457) 2,028,033 188,146 2,218,179 2,092,657 26 Flnanclal commltments¥ guarantse8 and contlnggnt Ilabllltlos As standard wlth grant Income. a portlon of grants recelved may become repayable rf the charitable company fails to comply with the temis of the letter of offer. 26 Rglated party tran8actlon8 The charlly was under the control of the Board of Directors throughout the current and prevlous perlod. There are no material related party transacllons or balances during eithèr year or at either year end such as are required to be disclosed.
ASHTON COMMUNITYTRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THEYEAR ENDED 31 MARCH 2025
27 Cash gengratsd from oporallons
2025
2024
Group
Surplus for tha year
181,217
(302,913)
Adjustments for:
Inveslm8nt Income recognlsad In statement of financial activltles
{Gain)lloss on disposal of tangible ffixed assets
Depr8datlon and Impalmient of tangible fed assets
(89,701)
(61,333)
6,976
53,080
50,445
Movements in worklng capltal:
{InCreaSe)Id88a8e In deblor8
Increase In creditors
Incre8sal{decrease) In provlslons
Increasel