ACTION DISABILrrY KENSINGTOIY & CHELSEA FINAI¥4CIAL STATEMENrs FOR THE YEAR £14DED 31 MARCH 2022 BRITh & KEEHAN CHARTERED ACCOUNTA￿[S 33 GRIMWADE AVENUE CROYDON CRO 5DJ ACTIOS DIS.4BILITh' KENSINGTOJ & CHELSEA CO%IP.4NI" INTOILIL4TtON- 31 NL411CH 2022 tNCORPORATED 8s a Comp2llK" Limited bN" Guarantre in April 1996 NUMBER 3040J?9 DIREcfoRS Margaret DonnellN" nair Dal-id 11-.ebb "ice-chait Bello Abubakar Treasurer Deborah Gra￿eS (resigned li l O.?O?l } Adrian Berrill-cox Stephanie V2z Maribel Jones-Fombella Sandtp S¢)dha Yamina Sari Nick WimtK)rne (resigned ?7.4 ?0??) Maria Pace SECRETARY Jamie Renton REGISTERED OFFICE ADKC Centre Whitstable Ho Silchester Road IL)ndon WIO 6SB BANKERS HSBC 15? Port01￿110 Road Notting Hill tAindi)n Wl 12DZ CAF Bank Ltd 25 Kings Hill Avenue Klngs Hill West Malling Kent ME19 4JQ INDEPENDE￿[ EXAMINER Britt & Keehan 33 Grimwade Avenue Croydon CRO 5DJ ACTION DISABILITY KENsif*GTOI & CHELSEA TRUSTEES REPORT Yvar ended 31 March 2022 The Trustees, who are also the directors of the charitable companN". present their report and the financiaI statements for the year ended 31 March 202? The Trustees confirm that tbe annual report and fmancial statements comply with current statutory Tequirements: the requirements of the Chariti s ooi"erning document and the provisions of the Statement of Recommended P￿Ctice {SORP} 'Accounting atkd Reporting by Charities, tssued in ?019. REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHAIUTY Action Disability Kensington and Chelsea (ADKC). whose principaI office is The ADKC Centre, Whitstable House. Silchester Road, London. Wl 0 6SB, is a Registered Charity numbered 1045769 and is also a Company Limited by Guarantee numbered 30403?9. The charitable company is limited by guarantee and the members are only liable in the event of the clwitable company winding up to payment of £1. The diTectors of the charitable company for the financial year a￿ list&1 on page l of the financial statements. The Chief Executive of the organisatioll is Jxmie Renton wbo is responsible for the day to day management of the Charity. STRUCTURE AND GOVERNANCE Constitution and orgaDisational structsre The CFJaTity is governed by its Artieles 2nd Memornndum of Aswiatio The Management Committee. comprising the Charity's ttustees. consists of the Chair. the Vice Chair, the Treasurer and up to 12 individual committee members. The Committee agrees the wlicy of the charity and is responsible for its fmances and assets 2nd for emplo)Ing stsff to carry out its worL The Committee meets at le￿ four times a year. It appoints a Finance and ResouTces sub committee. consisting of at le&st 2 trustees and ? members of staff to ￿gularlY wiew financial and staff matters. It meets approximately 2 times a year and reports to the Management Committee. The Chief Executive manages the day-tfrday affairs of the clwity and reports regularly to the Chair and to the Management Committ*. Recruitment and appointment of Trnstees One third of the existing trustees are nominated and elected from the Action Disability Kensington and Chelsea membership at the AGM. Subsequently, the Management Committee c(￿Opts up to a further six trustees for tbe Near. CIFopted meEnbers are individual members or representatives of organisation4 who have been nominthd and selected for the complementary skills they are able to offer. Trustees aTr invited to attend an induction session on appointment and are infolmed of ongoing training Opportl￿1tieS as they arise both within the orgdnisation and externally. ACTION DISABILITY KENSI)GTOI & CHELSEA TRUSTEES REPORT (eont) Year ended 31 March 2022 Risk management The trustees have assessed the major risks to ii'hich the charitN" is e.Ipose(L The Enajor risk identified is insufflcient notice of withdrawal of fundiniy If this ii'ere to occur the trustees M"ould hai'e to cut back the activities of Action Disability KensAngton and Chels¢a accordinolN". The trustees expect that sufficient funds will be forth¢orning to ellable .4ction Disability" Kensin?ton and Chelsea to continue its existing activities during ?O?J? ?? Risk mitigation Action Disability Kenstngton and Chelsea has undertaken an assessment of major risks. These are regularly reviewed. Systems in place to minimise risks include: Written Financial Procedures. Management accounts overseen by the Treasurer and presentul to the Management Comrnitfre at I￿t each quarter. The Chief Executive reports on fimding and staffing rnatte￿ to a Finance and Resources Sub Committee at least ? times a year- warnings of any potential issues and recommendatiolls for action are included. tnsurance policies are reviewed annually. OBJECTIVES AND ACTIVITIES The principaI activity of the Ch￿il8b1e company is that of enhancing opportunities for disabled people (￿ryth physical. sensory or hidden impairments) living or working in the Royal Borough of Kensington and Chelse& Action Disability Kensington and Chelsea is a user led organisation and provides its members with various services. These include: _ An Advice and Information Project A SpeciaIist Legal Advice Project An Independent Lives Peer Support Project A Lifelong Learning Project A Disability Connect Project A Volunteer project Access Group 'Positive RiJts Action. Advocacy Group 'Positive Empowernient. Peer Support and Counselling Group A Trauma Support group Westrninster "'Positive Empowernlent, Peer Support and CouDselling Group In addition to the seTr'ice5 listed above. the￿ are more prdctical services such as a Passport Photograph Scheme: Ivheelchair Hire Scheme, Whelchair Wel￿1ng Scales and an Internet Cafe drop in. The organi&2tion acts as a SI￿pOSt1n8 service to Wh￿ more and additional Inforn￿tion and help may be sought. As a user led organisation. we consult with our members regarding the seTvices they expect and would like from ADKC. Durintr the FinanciaI Year 20?0-? l. we undert(K)k a review of seryices with our membership to deterjnine the direction of our organisational developmenL ACTION DISABILITY KENSll*GTON & CHELSEA TRUSTEES REPORT(cont) Year ended 31 Mareh 2022 FINANCIAL REVIEW Action Disability Kensington & Chelsea received income for the l.ear totallinu L*98.881. The laroest single funder was the RoyaI Borough of Kensington & Chelsea iithose 1"2rious departments proi'ided £133:313. A number of other funders directed their assistance to SE)ecific projects and these hai'e been separately identified in the accounts. Where specific funding received was insufficient to meet the expenditures of the specificallN' funded activities additional funds have been transferred from the unreskncted fimds of Action Disabilits" Kensington & Chelsea to eliminate the resulting deficits in the specifically funded actilities at the end of the fllwiciaI The main expenditu￿ of Action Disability Kensingion & Chelw is on staff salaries and on supporting office facilitie& Costs have been allocated to activities on the basis of estimates prepared bj the staff. RESERVES POLICY This ￿)llCY has been adopted by the Action Disability Kensington & Chelse2 Executive Committee in order to ensure that the orgallisation h&s r¢serve funds to enable it to deal with unforeseen ei'ents and contingencies. Additionally, the Action Disability Kensington & Chelsea Executive Committee aim to accumulate fimds to ensure future maintenance of the ADKC Centre to its current hiJ(p standard 8nd replacement of fimiture and office equipment with a limited life and as a safety net Nvhen resourcing projects in receipt of target based funding. The Reserve Funds l. Unrestricted Contin Reserve This reserve is intended to enable ADKC to cope with unforeseen evenE honour its contractuaI obligations and ￿taIn Sufficient fun(Ls to cope with a sudden cessation of funding. Thts fimd is also set up to deal with possible funding of short terni statTwsitions (e.g- illne5& maternity issues: 5¢aff bonuses and pay rises) and possible redundancy situations. As well as to cover the costs of the additional access needs of our membership of disabled people (BSL interpreter& producing infonnation in alternative forniats etc.) Last year the Executive Committee agreed that they should work towards six to eight months, funding to achieve this objective. This represents an increase on the tsrget of three-to-six months set in previous years. This change is due to learning from the COVID Crisis for the need to keep higher reserves in order to meet unexpected issues and the current delayluncertainty regarding our lonts term local authority contract (the organisation's single largest source of income). Furthemiore, as a Disabled People's Organisation, we can Incur costs which other organisations of a similar size do not (e.g. purchw of access equipment and hiring BSL interpreters). This figure may need to be reviewed but in the present circumstances this seems a realistic target to aim for. 2. Unrestricted Buildin Reserve To enable ADKC to embark on a programme of redecoration to the Centre. deal with any emergency ".orks and replace fuTlltture and office equipment when deemed necessary. ACTION DISABILITY KEliSINGTOlI & CHELSEA TRUSTEES REPORT{cont) Year ended 31 March 2022 3. Unro8trieled Develo ment Reserve To enable ADKC to update its wmputing facilities as and ll'hen required. It is envisaged that computers become out of date and obsolete after about 3 l'ears and it is imperative that we develop our systems in tandem with other external contacts. Whilst fimding is sought for new projects it is realised that there may be other extraneous start up costs and these funds are set up to facilitate this. To provide funding to undertake our reguIar consultation with our mem1￿￿. which currently takes place every three years. FUTURE PLANS Main Objectiv￿ for the eomlng vear Our objectives this year, as in all year& are to consolidate our funding base and look for new and diverse sources of funding. We will develop our Lifelong Learnin- . Project to incorporate training opportunities. We will continue to develop the Borough i%ide Independent Lii'es User Group, Positive Rights Action Group, Positive EM￿)wernlent Group and Access GTOUP. We will endeavour to maintsin our position at the forefront of local developments regardino the Tevolution in social care. We will develop our Legal Advi￿ Pn)ject We will launch our new Voice of Experience project We will launch our new Counselling ServÈce We will continue to develop our work crting by charities applicable to charities preparing their accounts in accordance with the FinanciaI Re￿￿tIng Standard applicable in the UK and Republic of Irelalld (FRS I O?). I have no concerns and have come across no otber matters in comiection with the exam1r￿tIOn to which attention should be drawn in this rep)rt in order to enable a proper understanding of the accounts to be reached. Jill Brid Keehan Chartered Accountants 33 Grimii"ade Avenue Cro}'don CRO 5DJ ee Date.. I g 2£)2>