ACTION DISABILITY ISINGToN & CHEISEA TRUSTEES REPORT AND IPIDEPENDKNTLY EXAMINED ACCOUNTS FOR THE YEAR ENDED 2024
AcfIoN DISABILITY KENSINGTON & CHEISFA COMPANY INFORMATION AS AT 31 MARCH 2024 CORPORATKD as a Company Limitsd by (hwant¢e in A1] 1996 NUMBER 3040329 DIREcfoRS David Webb (Vice Adian Beffilllox Stq)hanie Vaz San(bp Sodha Deborah GTavas Jean Veronica Davis June Martiti SECRETARY Jamie Renton REGISTERED ADDRESS ADKC Centre Ivhitstable Howe Silclmter Road London WIO 6SB HSBC 152 Portobello Road Notting Hill IL)ndon Wl12DZ CAF Bank Ltd 25 Kings Hill Avenue Kings Hill Kent ME19 4JQ The Accounting Equation First Floor Fmnt Office 1>14 Mat*et Place Penzan¢e TR18 2JB
TRUSTEES REPORT Year ended 31 March 2024 The Trustees. who are also the directors of the chaitable company. present their report and the audited financial statements for th¢ year ended 31 March 2024. The Trustees confinn that the annual report and financial statements comply with cuttent statutory requIrents, the requirements of the Charity's governing document and the Provisions of the Statement of RecomnThded Practice (SORP) 'Accounting and Reporting by Charities. issued in 21)05. REFEREPICE AND ADLlflNISTRATIVE DETAILS OF THE CHARITY li Action Disability Kensington and Chelsea (ADKQ, whose principal office is Th¢ ADKC Centr¢, Whitstable House, Silchest¢r Rorf Lo10 WIO 6SB, is a R¢8lStered Charity numbered 1045769 and is also a Company Limited by Guarantse numbered 3040329. The charitsble company is limited by guarantse and the members are only liable in the event of the charitable compaDy winding up to payment of £1. The directors of the charitabIe company for the financial y¢ar are listed on pa8e l of the fAnancial statements. The Cbief Executive of the organisation is Jamie Renton who is responsible for the day to day management of the Charity. sTRUuRE AND GOVERNANCE Constithtfion and orgAnlsatlonal strueture Th¢ Charity is governed by its ArtAcles aThl morandurn of Association. The Mattagement Cornmittee, comprising the Charity's trnstees, consists of the Chair, the Vice Chair, the Treasurer and up to 12 individual Committee members. The Conmiittee agrees the policy of the charity and is responsible for its finances and assets and for employing staff to cany out its work. The Committee meets at least four times a year. It appoints a FinaJJce and Resources sub-committ¢¢, consisting of at le&st 2 trustses ad 2 members of stsff to regularly review financial and staff rnatts. It meets approximatety 2 times a yeat and r¢ports to the Management Committ¢e. Th¢ Chief Executive manages the day-ttFday affairs of the charity and reports regularly to the Chair and to the Management Cornmittee. RecruitJneDt and appointment of Trustees One third of the existing trustees are nominated and elected from the Action Disability Kensington and Chelsea m¢mbership at the AGM. Subsequently, the Management Committee co-opts up to a further six trustees for the year. C(FOPted menthers are An(bdUal members or representatives of organisations. who have been nominated alld selected for the ¢omplementary skills they are able to off¢r. Tn]stees are invited to attend an induction session on appoilltment and are infornied of ongoin8 training opportunities as they arise both within the organisation and externally.
Rbk management The Intsts have as8es8¢d the maior risks to which the charity is exposed The major risk identified is iDsufficieDt notice of withdrawal of funding. If this were tt) occur the tn would have to Gut bad( the aciivities of Action Disabilty Kensin and Chelsea The trustees expect that sufficient fimds will be forthco8 to enabl¢ Action Disability KeingtOn and Chelsea to continue its existing activities during 2024125. Risk mltlgation Action Disability Kensington aThl Chelsea has undertaken an assessment of majiir'risks.." These are Tegularly reviewed. Comrnittee at least each quarter. The Cbief Executive reports on funding and staffing matters to a Finance and Resources Sub Committ¢e at least 2 times a year- warnings of any poteDtial.issues and recomnKndations for action aT¢ included. Insurance policies are reviewed annually. The principal activity of the ¢harAtable ¢ompaDy is that of enhancing opportunities for disabled peopl¢ (with physical, sensory or invisAble impairnients) ]iving or working iti:thè Royal Borough of Kensington and Chelsea. Action Disability keThsingtim and Chelsea is a user led Organisation and provides its members various Services. These inchth: . An Advi¢e and Inf0mtiOn Project A Specialist Legal Advice Project An Independent Iaves Peer Support Project A Disability Conneth Project A Volunteer Project A 'Voice of Experience, Project A Counselling Service A Youth Peer Support Project Access Group 'Positive Rights Actton. Advocacy Gro A Trnuma Support group tn addition to the seTvices list&1 abov¢. th¢r¢ are more Practical services such as a Passport Photograph SCh¢n, Wheelchair Hire Scheme and Wheelchair AcCsIble Weighing Scales. The organisation acts as a sigDWSting service to where more aad additional infornMtio and help may be 8ougbL As a user led organisatioJ4 we CODsuIt with our manbm regdIllg th¢ services they wect and would like from ADKC. During the Financial Year 2023.24, we Urthrtk a review
development. Action Disability Kensington & Chelsea receiv¢d income for the y¢ar totalling £349276. The largest single fimder was the Royal Borough of Kensington & Chelsea whose various depaEtsnents provided £129240: . A number of other fith directed their assistance to specific projects and these have beffl &epara¢¢ly identified in the accounts. Where wific fimding received was insuffi¢i¢nt to meet the expdItuTeS of the funds of Actton Disability KeDsill8ton & Chelsea to eliminate the resulting defi¢its in the specificalty funded activities at the eiid of the financial year. The main expendith]tt of Action Disability Kensington & Chelsea is on staff saknies and on suppothig office facilities. Costs have beern allocated to activities on the basis of estimates prepared by th¢ sts RESERVES POLICY This policy ba8 been adopted by th¢ Action Disability Kensin8ton & Cbels¢a Executive Conllnittee in orts to ensure that the orgatiisation has Teserve funds to enable it to d with unfor¢seen events and Contingencies. Additionally. the Artion Disability KeDsington & Chelsea ExctiVe Conmjittee aim to accumutsts funds to fflsure futur¢ maintsnance of the ADKC Centre to its current high staDdrf rylacement of fijrniture and office equipment with a limited life and as a safety net when resourcing projects in rettipt of target based fijnding. The Reserve Funds l. Unretheted Contln , Reserve This rese¢ is intended to enable ADKC to cope with unforeseen events, honour its Contr obligations and r¢tain sufficient to cope with a sudd¢n cessation of funding. This fimd is also set up to deal with possible funding of short-t¢rni"staff positions {&g. illnes& maternity. issues. stsff bonuses and pay rises) and p)8sft>le redundancy sitiiations. As well as to cover th¢ costs of the additional access needs of our memlwship of disabled people (BSL Int¢eters. producing infomation in alternative fomats etc) Two years ago the Executive Conmiittee a1 that they should work towards six lo eight months, funding to ad)ieve this objective. Representing an in¢r¢ase on the tsrget of tbree-to-six llnths set in previous years. This change is (kne to learning from the COVID czisis for the need to keep higher rcs¢rves in order to meet unexpected i&8ues and the CUTrent.delay/uncertsinty regarding our Iong terni local authority Contract (the organisation's single large8t source of Incon}. FurthernoTe. as a DAsabled People'5 organisatio we can costs which other orgatiisations of a similar size do not (e.g. purth&8e of access equipment and hmng BSL interpretsrn). This figu may need to be reviewed but in the present Cir tbis seems a realistic target to aim for.
- Unrestrlcted Bulldln Reserve To enable ADKC to embark on a programme of redeLxntion to the Centre, deal with any emergency works and r¢pla furniture and office ¢qwpm¢nt when deemed
- Unrestra Develo ment Reserve To enable ADKC to update its computing fAlitieS as arml when required It 18 envisag that computers become out of date and obsolete after about 3 years and it is imperative that we develop our systems in tandem with oth¥Y external contacts. Wbilst funding is 8OUEht for new projects it is realiscd that there may be other extraneous start UP Costs and theSe"fid$ are Set up to facilitate this. To provide funding to undertak¢ injr * conltatIon with our mcmkn, which cumtly tske4 placa evoy yeK.": , . Maln objethes for the coming year.. Our objectives this year. as in all years, are to conso]idate our funding base and look for new and diverse sources of funding. We WAll continue to develop the BoTough de Ind¢pen Lives Group, Positive Rights Action Grou Positive Empowenn¢nt Group and Acces8 Group. Wewill endeavourto maintain OUrltI0 at the forefront oflocal developmentsTegar<bng the revolution in social care. We vlill d¢velop our Legal AdvA¢e Project We will develop our Voice of ExperAence Prnject We WAII dev¢lop our CounseIling Service We will launch our new Youth Peer Support Project We wilI Continue to develop our WO co-producing services and inforniation with RBKC Adult Social CaTr. We will SpOrt our membership vf. local disabl people out of isolation and into the community followitig the r¢c¢nt health crisis. We will promote ourservices via a range oftalks, outreach stalls and promotional matsrials. This year we tk a.lead role in d¢v¢lopin8 ¢wroduction WO with the local authority. We continue to develop our lead consultative role regarding local disability-related issues. representing the views of disabl people at numew meetiny and fonm. All of our projects, without exception. far ex¢eeded the nwnitoring targets Set for them by fundern. PUBLIC BENEFIT The Tnjstees confm that they have r¢ferred to the guidance contained in the Charity Commi&8ion's general guidance on public benefit when reviewing our objectives and activities and in plannillg future activitie& It is theiudg¢ment of the Trustees that actAVities in pursuit of the above ObjeiveS fiffly meet the public benefit t&s¢ whicb they have kot in mind in planning programll for the Chlty. DIRECTORS, RESPONSIBILITIES The direc,. who are also the trustees, are responsible forpreparing the Direckn, Report and the financial statements in aCrdanCe with applicable law and regulations.
The Companies Act requires the directors to prepare financial statemettts for each financial year. Under the law, the directors bave elected to prepare the financial statement in accordance with United Kingdom G¢n¢ral Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under the relevant laws. the directors must not approve the financiaI statements unless they are satisfi¢d that they give a trne and fair view of the state of affairs of the charitabl¢ company and of the income and expenditure account of the charitable company for that period. In Preparing these financial statements the directors are required to: Select suitsble accounting policies and then apply them consistently Make judgements and Accounting estimates that are reasonable and prudent Prepare the flnancial slatements on the going concern basis. unless it is inappropriate to presume that the charitabl¢ compaDy will continue to operate The directors committee is respons]le for keeping adquate a0ting T¢cords that are sufficient to show and explain the clwitable company's transactxons alld disclose with reasonable accwacy at any time the financial position of the charAtable company and enable than to ensure that the financial statemtys comply with th¢ Companies Act. They are also resp)nsible for safeguarding the assets of the clwltsble company and hence for taking r¢a8othle steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the charitable and financial infornjation included on the charitable company's website. Legislation in the United. Kingdom governing the preparation and disscmination of fmancial statcments may differ from legislation in other jurisdictions. This report has been prepared in accordance with the Statement of Rcconunended Practice". Accounting & Reporting by Charities (issued January 2015) and in aordanCe with the provisions of the Companies Act 2006 BY ORDER OF THE AR Jan)i¢ Renton Compaay secretary
AcnoN DISABILif¢ KENSINGTON & CHELSEA
srATEMENT OF FINANaAL AcrivmES
FOR TrIE YFAR ENDK) 31ff MARCH 2024
Totsl Funds Tot Funds
2024
Notes
Inwme
3b
Charitable acllvHle5
Donatlons
2,422
316.740
141.975
343.182
1.702
1.702
T
T¢)141 Funds Cash at a1 kn h1 11.932 8516 2(&767 275283 10 (35.16B 13S.168) (3&122J 229J68 239.163 129.168 239.165 13&14 ReJt¥lcted FuJ5 $6.497 41.752 511773 14&640 239.165 124.592 229.168 aCWrdaDkn1Ib sedknn 476 ofthe Ad 2L)J& Svaz
NOTES TO THE Accoutrirs FOR THE YEAR ENDK) 31 IRCH 2024 8451$ of prepamtion rfn8 their accounts in aryae with the FinJTKial Rwing Stsndard applicable In the UK and RepubNc cf Ireland IFRS 102) (effecK¥t l Janvary 2019)- (Charftles SORP IF 102)). WKI Companies Ad 2006 The thorJty nwets the dthTriliLm ofa pubtk trfft • w¥Jer FLf 102. Assets and Ilth%ties ore Tnitiauy rEcognised at hlrtorful cort ¢x IransKkn value unless othepEs• b) Fund a(aJunlln8 UreskW fimds are walloble tr use •t of the Tntstees In filthewi of by dimors whlth have ben raised ty the thanly ft>r p&rtiaknr purpcw The aifft and of eath YeS¢rf nd1% set ¢xft In the notss to the fin•rKhl st•t•mffits. All Irmmlrg reM)urus are Irxluded In the Stst•ment of FIn)la7 Adlvks vthen th dwrlty b leg4lly enlttled lo the iwjme Ind the •mount be qu•ntllled wlth All eypwdlbjre Is Krod for on an •¢¢ruats basts and has bem Indud¢d under expernes catqorles that J4rqate all $ts for allocatSm to actlvltl& Whe¥e staff are wholly eryaged on dlrett tharltloble or other work thelr salarles ar wodthd ¢oJts ave allocated dlr•dly to the allocatd to the dSfferent 8ThJ •cUvldes on a basts ot e5dmths prepwed by the staff. FuThlraisin8 are those in0ed In connpthon tradSr¥ iTthIi Tawble ftxed assels dIvIdl flxed assds cosiky£JCO) or more are capitalised * ¢ort and are dredted not yet been t<Kht into Leashold prerntses <knthe terni of the knse.. 21 years Over 3 yew5 Rentsl apphcable to operath)g le•se5 whwe subrtwttlalty ofthe bentffts ar rt5ks of ownerthlp rnmtan wlth the leSr aye th•ryEd t¢ the SOFA as in(re& ThE thadty ¢Frnte5 a defiwj ntriLtkffi penskn s¢herne ar the pension tharyE prnents tht Invnts Fwable the tharfty to the lund ln ofthe year. VAT The tharfty Is T1 reostfftd hrVAT. ITr c4)rMfftoTh wlih nNy ottrr slmllar drI¢S ADKC expavs are [Thdjed VAT. whkh cwot be remws.
2 14al Status of tho The Charity Is a company limlted by guararrtee and has no share capital. In the event of thÈ Charity being wound up. the liabiltty In respect of the guarantee is limited to per member of the charlty. 2024 Total 2023 Total Unrestricted Restrirted Royal 8orou8h of Kensiwon & Chelsea Core funding Advice & Tnfomiation Disability Connect Access to Work lSaIarie5) Lloyd5 Bank Foundation 53.320 49.140 26.780 53.320 49.140 26.780 9280 7.945 52.OlXJ 47.738 26.0(h) 926 7.945 National Lottery In¢lusion Bèmet Access to work Ctty Brfdge Trust Kensington & Chelsea Trust for LorKlon 12415 28704 5782 31300 65790 52576 201207 12.415 28.704 5.782 31.3LK) 65.940 52.576 343.182 26.056 1,392 61.7CK) 63.576 37.352 316.740 150 141.975 In 2023 total Income of £316.740 comprise of £190.076 of restricted income and Q26.664 of unrestrcited income. 2024 2023 Unrestricted Rertrctted Total Total Training & wnwltancy her 940 1.462 565 1857 2.402 2.402 2.422 4 Costs olgenvatlng voluntary Income Unrestricted 1.424 250 Restr(Ited Totjl Total Wages & Salaries Support Costs 1.424 276 1,495 242 7.674 1.700 1.737 5 Charltsble ad1 Wages & salae$ Accounting Servi5 Newsletter & publicity Travel & Volunteers expenses Subscrlptions & publication Activities Meetings. forums & Training Equlpment Insurance Other Premises corts offi Services Amortization & Depreciatlon 113.793 8.010 1.503 12 584 4.175 350 2.694 1.942 26 8.717 9,312 108,783 10.783 222,576 78.793 1,503 213.163 18.257 1,722 78 724 48,705 4.842 5.782 3.564 1.292 20.496 18.378 727 42.931 8.672 44,530 4,492 5.782 1.622 1.266 11.779 9.066 3.592 200 11,351 22.425 151.118 7.653 198,321 507 346,745 8.204 Goveman(e (see note 6) 323.449 6.752 158.771 198.828 354.949 330.201 10
Wages & Salarie5 Accounting Service5 Independent examlner's fee Annual report & AGM Support corts 1,424 2.217 .424 2,217 1.495 2.026 2.277 373 639 7.653 507 880 683 8.204 553 6.752 507 2024 Salaries and wages Social security costs Pension costs 206.794 11.442 7.189 195.545 11.791 6.877 225.425 214.153 Charitable activities Gener8ttng funds GOVerrrKe 222.577 1,424 1.424 211.163 1,495 1.495 The averase number5 of employees was 11 P023 - 101. No employee earned more than £60.OCQ p.a. BldIng Rtsource Furn1re & Equlwmrt TOTAL Cost: As at l Ap1 2023 Additions As at 31 March 2024 388.992 69.436 458.428 388.992 69,436 458.428 Depreaation.. Asat l April 2023 Charge for the year As at 31 March 2024 388,991 69.435 458.426 388.991 69.435 458,426 Net book value As at l April 2023 As at 31 March 2024 The charitable Company has a 21 year lease on the ground and mezzanine floor5 of Whitstable House. London. WIO 6SB at a peppeKorn rent but paylng servidng costs. At the end ot the 21 year term. 31.03.17 the lease can be reviewed by the landlord. but the lease does rnt contain a renewal clause. The landlord has Indicated that currently no action need5 to be acNoned. The dlrectors do not cpnllder that there is any matertal element of donated facilities. 2024 Sundry debtors Grants recelvable Prepayments 9.892 6,269 2.040 11.932 2.248 8.517
Grants In athjance Pwoll IlabltieS AccNaIs 29.585 28.065 5.582 35.168 8.056 36.122 None of the trustees were rernunertaed directly or indirettly. tkning the year expenses for travellin8 were paid to the trustees. (2022 - Nil). There were no transadions wlth parties related to the trustees or Senior marwgement. Some tTUStees use the servlces of the charlty. This is in Ilne with the thalrvs stated obJe¢live that service users should be represented on the management committee. In the opinion of the board of directors at 31.0324 there were no COntinnt liabilities and no (ctraCtUal commitment5 (2023 - Nil). The funds of the charty include5 amounts which have en designated from unrF5tricted fijnds by the tnJ5tees for the following pufFX)ses: Movement in Balance hJnd5 01.04.2023 Transfers Balan 31.03.24 Bullth)g In year Premises replament Equ5pment replacement Redecoration fund 16,088 76.088 16.088 16.088 Staff fund Fundin8 Contin8ency 14.335 10.350 24.685 14.335 10.350 24.685 Technology updates fund New projert rtart.up costs 2,694 2.306 5.000 7.306 To,( 2.694 Total Desi8nated Funds 50.773 (2.694) 48,079 Genernl Unrestrrcted Funds 156.251 112,3641 The De5tgated Funding contingency was used to fund the Volunteerin8 project. 19,295) 124.592 The income funds of the tharity include restrict fund5 comprlsin8 the following unexpended balance5 of donatlons and grants held for Sled purposes Balance Movement in funds 01.04.2023 Incomlng Expeniure Balan 31.03.24 Transfers Bulldlng reserve Access to work Trust for London & KC Le8al Advlce City Brty Trurt Kenslngton & Chelsea Foundatlon Re the Young People's Manle5to for Kenslngton & Chelsea Natlonal Lottery Kensington & Chelsea Foundat1( Self Care Service Indusion BarnÈt Volunteerin8 10.423 68.426 31.300 10.423 48,705 40.408 18.971 10.207 38.692 1.099 8,470 8,082 3B8 6,000 6.574 12.415 23.975 4.986 41.469 28.704 41.430 18.427 7.378 198.828 39 10.277 7378 12.364 41.753 201.207 56.496 12
Idlng reswve fd 1£ the fiuKllng rncdved to Kqulre the Iw• an the Rwour¢¢ C•ntre. The Acce55 to Work rlesents the fimdlng recelved for Person asdstsnes hows K & C Sodal Coundl nd thE SeH Cave nwsaB2 proiert for okkr The Kes11)gl & Chelsea FoundaHon ffCF) have Prove grants to APPOrt the pIk1[On of pkwrt the devetopment of a Y<)ung Dlsabled Lea¢kn P to supwtthe de4¢lopment of Jeaderthlp thlls of local &ts8bled p•aplL The Cty Brklge Tnot ts ftths thE s81th and related overheads for the Ind•putht LIng wolttL 15 Ar•lysis of net J%sets by fund Totsl Fixd knsets Net A55ets 172.671 172672 56,497 56498 229168 229170 13
INDEPEND
NERS REPORT
EMBERS OF AcnoN D
ILfiY KENSINGTON &
I report to the thlty Iiitste¢s on my exaffAnatlon of the accounts of the tharlty for the year end 31
March 2024 whkh are set ¢xt on p•8es 7 to13.
Resp51b111eS and basls of report
As the Charlty"s trurtees (and also Its dlrertors for the pUw1 of company law) you are rwnthle
for the preparat5on of the accounts In accordarKe wlth wulrewthts of the Companles Art 2006.
Having tIsfied myself that the accounts of the compary are not requlred to be audSted under Part 16
of the 2(M)6 Ad and are erIble for indeptht examlnation. I report tTr respe(t of my examination of
the company's accounts