Company Reglstratlon Number.. 03029077
Charity Re8istration Number: 1049002
Disability Initiative
la Company Ilm*ed by8uaranteel
Annual Report and Financial Statements
for the year ended 31 December 2023
*ADOH3P43*
1210912024
COMPANIES HOUSE
#167

Disability Initiative
year ended 31 December 2023
Contents..
Reference and Admlnistratlve Detsils
Chairmans Report
Trustees Report
Statement of Trustee's Respon51bllltles
Independent Auditorfs Report
Consolidated Statement of Financial Activities
Con501idated 8alante Sheet
Balance Sheet
Notes to the Flnancial Statements
io
13
14
15
16

Disability Initiative
year ended 31 December 2023
Reference and Adminlstrative Detsils
Chairman
Slr A V Morrls
Chief Exècutlve Offlcer
Lucy Brown
Trustees
Mr G Bianell
Mrs M Calder
Mrj Scott
Mr5 E Kennedv
Sir A V Morrls
Mr R N fti¢ketts CBE
Mr D Whittle
Mr T Torrington- Resigned li December 2023
Mr A Cochrane-Appointed 18 March 2024
Principal Offlce and Re8lStered Offlce
Re50urce Centre
Knoll Road
Camberley
Surrey
GU15 35Y
Company Re8lStraiion Number
03029077
Charlty Re8lstratlon Number
1049002
Auditor
Branston Adams
Sulte 2
Victoria House
South Street
Farnham
Surrey
GU9 7QU
Bankers
Lloyds Bank PLC
19-23 Obelisk Wav
Camberley
Surrey
GUIS 35E
Handlesbanken Bank PLC
Buildine 4.3
Frimley Business Park
Frimley
Surrey
GU16 7SG

Disability Initiative
year ended 31 December 2023
Chaiman's Report
Dear Shareholders, Stakeholders and Supporters
It brlngs me immense pleasure to present to you my Chalman's Statement for the 2023 Annual Report. This
year has been marked by exceptional progress and notable achievements in our ongoing commitment to
empowering individuals wlth dlsabllltles and fosterlng a more inclusive 50ciety.
Flrst and foremost, l am thrllled to announce the successful completlon of our inaugural year of DI Adept. a
transformative initiative made possible through the generous funding from The National Lottery Community
Fund. DI Adept has not only expanded our reach but has also allowed us to develop tailored programs and
services that cater to the diverse needs of indlviduals with disabilities. empowering them to lead fvlfilling lives.
Throughout the year, we undertook significant organisational improvements to enhance ou¢ effltlency and
effectlveness. Thls Included the update of our Job Classification process, ensurln8 that roles within our
or8anlzatlon are accurately deflned and aligned with our ml551on. Additionallyi we restructured our Fleet
servlce to optlmlse resources and improve accesslblllty for our cllents.
A key hi8hlight of the year was the comprehen51ve overhaul of our finance department's s￿terns, procedures,
and structures. Thls Initiative ha5 strengthened our flnancial manasement practices, ensurlng transparency,
accountability, and compliance with regulatory Standards. This Teflert5 our commitment to sound 8overnance
practlces.
Furthermofe. we have made substantlal investments in sustaSn•billty Inltlatlves, Includln8 the installatlon of
solar pane15 at Ouf Camberley and Fleet locations. Not only have these Inltlatlves reduced our carbon footprlnt
and energy bills. but they have also Increased our operatlonal efflclency, contrlbutlng to our broader
commltment to envlronmental Stewardshlp.
In response to the evolvlng threat landscape, we prlorltlsed cybersecurlty measures and investing in trainin8
and implementing robust protocols. We have also fortified our defences agalnst cyber threats. safe8uardin8
our operatlons and sensitive data.
Our dedication to enhanclng the quallty of life for individuals wlth disabllitlesls reflerted in the myriad of
partnerships and initiatlves we have forged throughout the year. The generous legacy received from a former
volunteer and funds ralsed from events Ilke the Swinley Golf Day have allowed u5 to Invest in essentlal projects
and Infrastructure enhancements, ensurlni that our facllltles are accesslble and Inclu51ve for •ll.
Moreover, our commltment to f05terln8 communlty en8a8ement and support remalns unwavering. Inltlatlves
such as the Carer5 Gatherln8 Grant, generously provlded by the Leo Llon Foundation. have enabled us to
provide vital support and resources to ureii¥ers, ensurln8 they receive the assistance they need to fvlfill their
Invaluable role.
l am partlcularly proud of the si8nificant impact we have made on the lives of our cllents. Through our
pro8rams and services, we have provided over 10,000 breakfa5t5 to indNlduals In need, thank5 to our
partner5hlp wlth the Warburtons Foundatlon. Addltlonally, Initiatives like the Davlncl Foundation wheelchalr
purchase and Avians mentorlng for management have empowered our dients and staff alike. enablin8 them to
achleve thelr goals and reach thelr full potentlal.
One heartwarming example of ovr Clients, resilience and determlnatlon is the story of two sons who walked
the three peaks and raised £3.000 for DI. Their remarkable efforts ser¥e as a testament to the transformative
impact of our programs and the unwavering support of our community.
As we reflect on the past year. we are deeply grateful for the dedication and hard work of our staff, trustees,
partners and supporters. whose unwaverlng commitment has been instrumental in Our success. Together, we
have achieved remarkable progre55 In advancin8 our mission of inclusivity, accesslblllty, and empowerment.

Disability Initiative
year ended 31 December 2023
We bld a fond farewell to Trevor Torrington. who has emigrated. We would like to Say a huge thank you for his
expertise and dedication to 01 durln8 his time as a Trustee.
Looking ahead, we remain steadfast In our commitment to serving individuals wlth dlsabllltles and
championing their rights. With your continued support, we are confident that we will contlnue to make
significant strides towards a more Inclusive and equitable society.
Thank you for your ongoin8 SUPPOrt and commltment to our shared vision
Slr A V Morrls
Chalrman

Disability Initiative
year ended 31 December 2023
Trustees Report
Introductlon
Disability Inltiative {Dll is proud to present its Annual Report for the year 2023. Throughout this year. we have
remained steadfast In our commitment to empowering indlvlduals Wlth dlsabilitie5. fostering inclusivity and
advocating for a more accessible soclety.
The responsibility of Trustees at Disability Initiative extends beyond oversighi to artively reviewing the
organlsatlon's strategy, standards, and risks. Trustees play a crucial role In ensuring thal the executive team
has clear guidance and robust support to rnaintain an outstandlng level of service. 8y regularly evaluating
strategic plans and operatlonal standards, Trustees help align Dl's objectSves wrth its mlssion. They also assess
potential rlsks and analyse mitigation strategies to safeguard the charity's resources and reputation. This
comprehenslve overslght ensures that the charlty operates efficientty. ethlcally, and sustainably. ultlmately
enhanclni Its ability to deliver e¥tèptlonal services to indlvldu•ls wlth dlsabilities.
The Fleet DI Satellite service in the heart of Fleet Town centre, celebrates its S anniversary thls year. It
currently provides Services to 32 clients over three day5 a week, whlch has reduced from five days a week crlsls
SUPPOrt durlng the COVID period. We aim to Increase the nurnber of days and client base over the next 2 years
and wlll contlnue to develop the locatlon as a locally based resource for the community of Fleet.
Having been based In our Camberley premises for 25 years, we have been addressing the natural wear antl
tear of the buildln8 and equlpment for the past decade. We had sei aside a reserve of £140,000 to handle anv
dllapidatlon Issuts, and over the past 18 months, we have used £99.￿0 of thls fund to Install a new Ibft. boller
and windows. The Trustees regularly assess the chartty's future needs and potential asset replacements and
recommend the transfer additional funds to the Buildlng Malntenance Fund as requlred,
Additionally, we continuously seek funding through donatlons to Invest In therapy and IT equlpment for our
clients, enhanclng their learning environment and wellbeing.
tPro
ect..
The Adept Prole¢t, launched in September 2022, h•$ $18nlflcantly shaped our approach to supportln8
individuals with disabilltles. Thls projert utilises a range of local external tutors, experts, small buslnesses and
sole ira(iers, who work alongside Ol's Keyworkers wlthin our Resource Centre or in the community. Together.
they have delivered dlverse actlvlties deslBned to support Ol's clients In malntalnln8 Independence and livln8
well in thelr communltles.
The Adept Projert has forged stron& positive relationships between people fmm varlous back8rounds, sharing
Ilved experlence5 and fosterin8 soclal cohe51on, This initiatlve has been especially cruclal glven the profound
Impacts of Covld. the cost of Ilvlng erlsls and the challenge5 wlthln the NHS and Soclal Cire.
Many of our cllents face poverty. Increased hardshlp and food insecurity, whlle those with newly acquired
dlsabllltle5 or braln Injuries often experlence long dela￿ in a¢cessln8 services.
To addre5$ these challenges, the Adept Project focuses on early Interventlon and preventlon, offerln8
program5 in..
Mobility and fitness
Life, social and independent livlng skills
Health and wellbeing
- Creative arts
Cognitive. speech and language ski115

Disability I nitiative
year ended 31 December 2023
Trustees Report
Educatlonal and prevocational tralnlng
Throughout the yèar, 20 independent tutors delivered 1,150 sessions under the DI Adept project, Impartin
skills and knowledge whlle learning about the impart of disabilities. This tollaboratlon has promoted equal
opportunltles for learnin& prevented isolation and sUPPOrted local etonomies.
In 2023. 86% of clients achieved or exceeded their goals, wlth notsble success in Creative Arts. where of
participants met thelr goa15 Ind 60% exceeded them.
Tutor Feedback Example: Pfactlcal Skllls Sesslon
Practical Skills Sesslon Tutor. Darron, shared his experlence:
utorin8 this group has raised my awareness of disabllltles and how It can affect the clients and society. It has
caused me to thlnk about how people with limb functlonlloss could use hand and power tools In a safe
manner, how to orianlze pieces of work so that they are easily accesslble for wheelchair users, and how to
prepare the workstation for the cllent5 to produce pleces In a safe workln8 envlronment..
rd n Pro ect.. Cultivatin
Incluslon
Funds raised from the Swinley Charlty Golf Day enabled DI to launch the Garden Prolect in 2023. The funds
ralsed from th15 event enabled us to refurbish the Camberley Resource Centre Garden. creating a beauliful and
accessible outside Space for our community. With the 8enerous support of Kebur Landscape Company, whlch
provlded essentlal landscaplng servlces, and Squlres Garden Cenlre, that donated a Vibrant èrray of plants, we
have transformed the iarden into a welcoming haven for iherapeutlc hortlculture artivities and communlty
8atherin8s. Thls InltlatSve f05ters a sense of eommunity and well.bein8 among partlclpants, hlghll8hting the
importance of inclusive outdoor spaces.
Dona
lon from the
We are grateful for the sUPPQrt rereived from the Warburtons Foundatlon, who 8enerously donated weekly
products to DI In 2023 for many of the DI Clients who are In food poverty. Thls ensured breakfast was available
to all every day, cllents could take products home and DI would donate any rernalnin8 products to the local
Homeless Hub. Thls contribution has significantly benefited our Clients provldln8 over 120CX) breakfasts durlni
the year,
Carers Evenln
Fundin
Enhantin
ort for Informal Carer
Cuts in publlc spending and budget constralnts have led to reduced fundin8 for support sep41ces for physlcallv
dlsabled indivlduals, affertln8 at¢ess to esstntlal setvlces such as personal care, healthcare, rehabllltation and
specia115ed equipment. Families are bearin8 the burden of provldini addltlonal care. which Is both emotlonally,
physically and financially challen8lng.
Over the past few year5. DI ha5 Wltnessed the incfeaslnE neElect of informal carers, needs and well-being as
they prioritise their loved one5. This 155ue has been exacerbated by the Covid-19 pandemlc, leadlng to feelings
of i501ation, depre55ion. stress and burnout amon8 carers.
According to Carers.or& informal carers save the UK £162 bllllon pef year {Petrlllo and Bennett, 20231.
Recogn151ng the crltical role carers play* DI has been runnln8 Carers Evenln8s for several years. providlng
significant benefits. However. these evenings were funded through small donatlons and the goodwill of many
kind people, making it difficult to sustain regular sesslons.
To address this, DI applied to the Community Foundation for Surrey for two years of fundin8 for the Caiers
Group and was thrilled to be awarded fundlng for 2022123. Thls secured the continuation of the Carers

Disability Initiative
year ended 31 December 2023
Trustees Report
Evenlngs, which invest in carers to enhance their abllity to manage caregiving responslbllltles with confidence
and resilience. ultimately reduclng the strain on the healthcare system and social servlces.
While the Carer5 Evenln85 are always enjoyable, each session is deslgned to provide..
l. Support and advice
2. Tralnlnl and guidance
3. Resplte servlces
4. Peer 5UPPOrtlcommunity networks
S. Advocacy and access to resources
6. Transferable ski115
During the period, on average. 20 carers attended each of the bl-monthly se55ions, wlth feedback bein8 100%
positive.
Further fundlng applications are being pursued for 2024125126 to contlnue these vital Carers Evenln8S.
Investln8 In carer5 not only 5UPPOrts thelr well.belng but also ensures they can provlde the best care for theli
loved ones, fosterin8 a healthier and more resilient communlty.
We contlnued to prlorltlse support for carers through our dedicated Carers Group5. These group5 provlde •
¥ltal network for Indlvlduals caring for loved ones with dlsablllties, offerln8 a platform for mutual support,
informatlon exchange. and respite opportunlties. The fundln8 allocated to these 8roups has been Instrumental
in enhan¢lng the well-belng of both carers and those they care for.
Collabor
n with Surre
and Ham
shlre:
U Services
Dl's Patron, HRH The Duchess of Edlnburgh, hosted a round table Think Tank at her home in July. Attendees
Included leJder5 of Health and Soclal Care from Across Surreyi Hampshlre and Befkshlre and held a robust
discusslon •l>out how we Can all evolve and collaborate across every sector and reach more Individuals and
focus on early intervention and prevention sep41ces across these countles. Through strate8ic partnershlps and
community engagement, DI is committed to expanding access to our programs. advocating for pollcy changes.
and fostering a more inclu5bve soclety for Individuals With disabilltles.
Conclu51on
A5 we reflect on the achievements of 2023, Disability Initiative remains dedicated to its mission of empowerlng
Ilves and enabling opportunities for indlvlduals with disabilities. We extend our heartfelt gratitude to our
supporters, partners, volunteers, and the entlre DI communlty for thelr unwaverin8 commltment and
collaboratlon. Tolether. we wlll contlnue to strlve for a more Inclusive and acce551ble future for all.
Charlty Financial Position
rhe charity reports a ¢onsolidaied surplus of £43,864 for 202312022 - É52.8181. This Is lar8ely due to a
8enerous le8acy from a former volunteer of £80,000. Therefore, our underlyin8 ser41ces to clients have noi
been sufflclent to cover our costs for the past 2 years. Our key almls to establlsh full cost recovery from the
Local Author￿leS over the next financial year. Management has also taken a number of steps to contain
spendlng and increase the client base for 2024.
Whilst it Is acceptable practlce for a charity to rely on grants and donatlons to fund Its sep4lces. the current
oeonomlc backdrop contlnues to be a challenge.

Disability Initiative
year ended 31 December 2023
Trustees Report
Reserves
The charivs reserves stand at just over £1,000,000 as of 3111 December 2023, wlth cash reserves at E330,000.
With £750.LKJO of the reSen￿S being unrestrlcted, this is sufficient to malntaln the quality of seryices at the
current standard to our existing client base for the foreseeable future. Our cash reserves are invested on a
prudent basis. where we seek to achieve the maximum return for the mlnimal risk by usln8 high interest shorL
medium and lon8-term deposlt accounts.
Principle Risks & Goln8 Concern
Our management and trustees continually monitor the potential micro and macro risks to the charity. The
estab115hment of a finance committee during the year has allowed the trustees greater transparency over the
finances and understandlng of the dlrectlon of the Orlanlsatlon. In addltlon to the quarterly flnance
commlttee and trustees, board meetln8s. the management and trustees meet every Sprlng through a strate
meeting to reflect on the previous yearfs results and plan ahead. The ¢hariWs on8oin8 strategic plan is
updated annually.
The charitye5 rlsk re81ster. which covers an assessment of key rlsks, causes. conseguen¢es. Ilkellhoods and
sl8nlficance, Is re8ularl¥ monltored by management and contlnually referred to at board level.
The charlty b1115 local 8overnment for it5 5erylce contrarts, as well as indivlduals, ènd is therefore ultimatelv
dependent on the flnanclal stablllty of the local 8overnment. In addition. the charity Is rellant on government
and other charllable or8anlsatlon5 and initiatives, as well a5 donatlons from local companle5 and indlvlduals, to
meet public beneflt. The current economi¢ uncertainty In our sector and across the country as whole is
factored Into the Trustees dellberatlons and the strategic plannlng.

Disability Initiative
year ended 31 December 2023
Statement of Trustee's Responsibilities
The trustees Iwho are also the directors of Dlsability Initiative for the purposes of company lawl are
responsible for preparlng the trustees, report ènd the financlal statements in accordance with the United
Klngdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Practlcel and appllcable law
and regulations.
Company law requires the trustees to prepare financial ststements for each financial year. Under company
law the trustees must only approve the financlal statements when they are sat15fied that they give a true and
fair view of the state of affairs of the charitable company, of its incomin8 and application of resources.
includin8 its income and expenditure. In preparln8 these financial statements. the tru5tee5 are required to.,
select sultable a¢¢ountin8 pollcles and apply them conslstently;
obserrfe the methods and prin¢lples in the Charltles SORP;
make judgements and estlmates that are reasonable and prudent,-
slate whether applicable UK Accounting Standards have been followed. subject to any material
departures di5c105ed and explained in the financial statements. and
prepare the financial statements on the going concem basls unless it is Inappropriate to presume that
the charitable company wlll contlnue In business.
The trustees are re5ponslble for keepln8 odequate accountlng records that are Sufflclent to show and emplaln
the charitable company's tfansartions and dlsclose with reasonable accuracy at any time the financial posltlon
of the charltable company and enable them to ensure that the fSnanclal statements comply wlth the
Companles Act 2006. They are also responslble for safegyardlng the assets of the charltable company and
hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities.
Auditor
Each of the person5 who Is a trustee at the date of approval of thls report conflrms that:
$0 far as they are aware, there Is no relevant audlt Informatlon of whlch the ¢harlty's audltor Is
unaware; and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of any
relevant audit information and to establish that the charity's audltor is aware of that information.
The audltor Is deemed to have been appolnted In accordance wlth 5e¢tion 487 of the Companles Act 2006.
The trustees are responslble for the malntenance and integrity of the corporate and flnanclal Informatlon
Included on the charltable company's websSte. Le81slatlon in the Unlted Kln8dom 8overnln8 the preparation
and di55emination of financial statement5 ma
differ from le8lslatlon In other jurisdictions.
Approved by the trustees of the tharlty on
.and $18ned on its behalf by:
Slr A V Morrls
Chalrman

Disability Initiative
year ended 31 December 2023
Independent Auditorfs Report to the Members of Disability Initiative
inlon
We ha¥È audited the financial statements of Disability Initiative (the 'charitable parent company'l and its
subsidiaries {the'group'l for the year ended 31 December 2023, which comprise the Consolidated Statement
of Financial Activltles, Consolidated Balance Sheet. Balance Sheet, Consolidated Ststement of Cash Flows and
Notes to the Financial Statements, includln8 a summary of significant accounting policles. The financial
reporting framework that has been applled in their preparation is Uniled Kingdom Atcountln8 Standards,
comprisin8 Charitles SORP . FRS 102'The Flnanclal Reporting Standard applicable In the UK and Republlc of
Ireland, and appllcable law (United Klngdom Generally Accepted Accountin8 Practlcel.
In our oplnion the flnancial statements:
give a true and falr vlew of the state of the group's and parent charity's affalrs as at 31 December
2023 and of the group's results for the year then ended;
have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Accountln8
Practlce: Ind
have been prepared In accordance wlth the requirements of the Companles Act 2006 and Charltles
Act 2011
Basls for o
inion
We conducted our audit In accordance with International Standards on Auditini IUKI IISAS IUKII and applicable
law. Our responslbllllle5 under those standards are further descrlbed In the Audltor's re5ponslbllltles for the
audit of the financlal 5taternenls sectlon of our report. We are Independent of the group In accordance wlth
the eihlcal requlrements that are relevant to our audit ol the financlal st•iements In the UK, Includlng the
FRC'S Ethlcal Standard, and we have fulfilled our other ethical responsibilities In accordance wlth these
requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
nclusions rel
We have nothln8 to report In respect Of the tollowln8 matters In relatlon to whlch the JSAs IUKI requlre us to
report to you where:
the trustees use of the goini concern basis of accounting in the preparation of the financial
statements is not appropriate,. or
the trustees have not dlsclosed In the financial statements any identified materlal uncertaintles that
may fast Sl8nlflcant doubt about the group's ability to contlnue to adopt the 8olng concern basls of
accountln8 for a period of at least twelve months trom the date when the flnanclal statements are
author15ed for155ue.
Other information
The trustees are responsible for the other Information. The other information comprises the Informatlon
included in the annual report, other than the financial statements and our auditor's report thereon. Our
opinion on the financial statements does not cover ihe other Informatlon ènd, except to the extent othenvlse
expllcltly stated In our report. we do not express •ny torrn of assurance concluslon thereon.
In connection wlth our audlt of the financial statements. our responsibility is to read the other Information
and, in doing 50, consider whether the other infomiation is materially incon5iStent with the financlal
statements or our knowledge obtained in the audlt or otherwise appears to be materially misstated . If we
identify such material incon515tencie5 Or apparent materlal mlsstatements. we are required to determine
whether there is a material misstatement In the financial statements or a material misstatement of the other
io

Disability Initiative
year ended 31 December 2023
information. If, based on the work we have performed. we conclude that there 15 a material mi55tatement of
this Other information. we are required to report that fact.
Independent Audltorfs Report to the Members of Dlsablllty Initlative
We have nothing to feport In thi5 regard.
inion on other matters
rescribed b the Com
anies Act 2006
In our opinion. based on the work undertaken in the course of the audlt.,
the information given in the Strategic Report and Trustees, Report for the financial year for which the
financial 5taiements are prepared is conslstent wlth the financial statements,. and
the Strateglc Report and Trustees. Report have been prepared in ac¢ordance wlth applicable le8al
requirements.
Mèttefs on which we are re
uired i
re
ortb
exce
tion
In the li8ht of our knowledie and understandlni of the iroup and the parent charltable company and Its
environment obtained In the course of the audlt. we have not Identlfled materlal m155tatements In the
Strategi¢ Report and the Trustees, Report.
We have nothln8 to report In respect of the followin8 matters where the Companies Att 2006 requlres us to
report to you If, In our oplnlon,.
adequate accounting records have not been kept by the parent charitable company. or returns
adequate for our audlt ha¥e not been recelved from bran¢hes not vlsited by us; or
the parent charitable company fin•nclal statements are not In agreement wlth the accountlnl
records and returns; Gr
certaln disc105ures of trustees, remuneratlon specified by law are not made: or
we have not recelved all the informatlon and explanations we requlre for Ouf audlt.
Iltle5 of trust
As explained more fully in the Statement of Trustees, Respon5ibilltle515et out on page 111. the trustees a
responslble for the preparation of the flnanclal statements and for being sallsfled that they glve a true and falr
vlew, and for such Internal control as the truslee5 determlne Is necessary to enable the preparatlon af
financlal statement5 that are free from materlal mlsstatement. whether due to fraud or error.
In preparin8 the flnancial statements, the trustees are responsible for assessing the 8roup's and the parent
charitable Company's abllity to continue as a going concern. disc105in8, as appllcable. matter5 related tQ 80ing
concern and uslng the golng concern ba515 of accountln8 unless the trustees eliher intend to Ilquldate the
8roup or the parent charltable company or to cease operatlons. or have no realistlc alternative but to do so.
Auditor's res
onsibilitle
audi
Of
fin
ncial
tem
nt
Our objectlves are to obtaln reasonable assurance about whether the financlal statements as a whole are free
from materlal mlsstatement, whether due to fraud or error. and tolssue an audltor's report that include5 our
opinion. Reasonable assurance Is a high level of assurance, butls not a guarantee that an audlt condurted in
accordance with JSAS IUKI will always detect a material mi55tatement when It exists. Misstatement5 can arise
from fraud or error and are considered materlal If. Indlvldually or in the ag8re8ate. they could reasonably be
experted to influence the economic declslons of users taken on the basls of these financial ststements.
As part of an audlt In accordance with ISAS IUK). we exercise profe55ional ludiement and maintain
prole55ional scepticism throu8hout the audlt. We a150:
Identify and asse55 the risk5 of materbal misstatement of the flnancial statements. whether due to
fraud or error. design and perform audit procedures responsive to those risks. and obtain audit
li

Disability I nitiative
year ended 31 December 2023
evidence that Is sufficient and approprlate to provlde a basis for our opinion. The risk of not detectlng
material misstatement resulting from fraud is higher than for one resulting from error. as fraud may
Independent Auditorfs Report to the Members of Oisability Inr¢iatlve
involve collusion. forgery. intentional omissions. misrepresentations, or the override of internal
control.
Obtain an understandin8 of internal control relevant to the audit in order to design audit procedures
that are appropriate In the clrcumstance5, but not for the purpose of expressin8 an opinion on the
effertlvene55 of the group's Internal control.
Evaluate the appropriateness ot accountin8 polities used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustee5 use of the 8olng concern basis of accountSn8 and,
based on the audlt evldence obtained. whether a material uncertalnty exists felated to events or
conditlons that may cast slgnificant doubt on the group's or the parent charitable company'5 ability
lo continue as a 8oln8 concern. If we conclude that a material uncertainty exists, we are required to
draw attention In our auditor's report to the related disclosures in the financial statements or, If Such
disclosure5 are inadequate, to rnodify our opinion. Our conclusions are based on the audit evidence
obtalned up to the date of our audltor's report. However, future events or condltlons may cause the
8roup or the parent Charitable company to cease to contlnue as a going concern.
Evaluate the overall presentatlon. structure and content of the financial statements, including the
d15closures. and whether the flnanclal statements represent the underlyin8 transactlons and events in
a manner thal achieve5 falr presentatlon.
Obtaln sufflclent appropriate audlt evldence reiardlng the flnanclal Informatlon of the entltles or
buslness actNities wlthin the 8roup to express an oplnion on the flnancial statements. We are
responsible for the dlrectlon, superrfision and performance of the group audit. We remain solely
responslble for our audit opinlon.
We communlcate wlth those charged wlth governance re8ardln8, among other matters, the planned scope
and tlmln8 of the audlt and slgnlflcant audit flndlngs. including any 51gnlflcant deficiencies In Internal control
that we identlfy during our audit.
This report is made solely to the charitable parent company's trustees, as a bodyi In accordance with Chapter 3
of Part 16 of the Companies Act 2006. Ouf audit work has been undertaken 50 that we
might state to the 8roup's tru5tee5 those matters we are required to state to them in an audltor's report and
for no other purpose. To the fullest extent permltted by law, we do not accept or assume re5pon5iblllty to
anyone other than the charltable parent company and Its trustees as a body. for our audit work. for this
report. or for the opinions we have formed.
Mr Paul Adam5
10 S. LOL4
Statutory Audltor
Date
For and on behalf of Branston Adam5,
Sulte 2
Victoria House
South Street
Famham
Surrev
GU9 7QU
12

Disability Initiative
year ended 31 December 2023
Consolidated Statement of Financlal Activities
Year ended 31 December 2023
Note
Unrestrirted Re5trirted
Funds
Funds
Total
Incoffle and Endowments from:
Donations and legacies
Charitable artivities
93.221
654.734
20.708
76,756
169,977
654,734
20,708
Other income
Total income
768.663
76,756
845,419
EMp•ndllyr¢ on:
Ra151n8 funds
Charitable artlvltles
{115,2531
(628,2941
{743.5471
13,2861 1118,5391
154,7221 1683,0161
158.0081 1801,5551
Total expenditure
Net expendlture
N•t mtw¢ment In lunds
25.117
18.748
18,748
43,864
43.864
25,117
Reconclllatlon ol funds:
Total funds brought forward
Totsl funds carried forward
855.770
884.270
115,779
131,143
971.549
1.015.413
25
Year ended 31 December 2022
Note
Unrestrlcted Restricted
Funds
Funds
Total
Income and Endowments from:
Donations and legacies
Charitable actlvlties
Other income
Total income
6.945
601.752
28,539
637.236
58.292
65.237
601.752
28,539
695,528
58,292
Expendllure on:
Raisin8 funds
Charitable actlvltles
Total expenditure
172,6311
636.1321
1708.7631
136,9811 1109,6121
(636,1321
36,9811 {745,7441
Nel expenditure
Net m•)vement In funds
171.5271
171,527
21.311
21.311
150,216)
150.2161
RecoThdllatlon ol funds:
Total funds brou8ht forward
Total fund5 carried forward
927,297
855.770
94,468 1.021.765
115,779
971,549
25
All of the iroup's actlvltles derive from continuin8 operniions durln8 the above two perlods.
The funds breakdown Is shown in note 24.
13

Disability Initiative
year ended 31 December 2023
Con501idated Balance Sheet
2023
2022
Note
Fixed Assets
Tan8ible assets
Intangible assets
Heritage assets
14
13
15
644.940
5,307
4,600
654,848
579.093
7.077
4,6CrtI
590,770
Current Assets
Stocks
Debtors
Cash at bank and in hand
18
19
20
loo
116,213
331,S54
447,867
100
92.205
380,404
472,709
Credltors.. Amounts fallin8 due wlthln one year
21
187.301) 191.9301
Net Current Assets
360.566
380,779
Net Assets
1.015,413
971.549
Funds of the Group
Restrlrted funds
Unrestrlcted funds
Total Funds
132.976
882,437
1.015,413
115.778
855,771
971,549
24
The fina
clal statements on pa8es 10 to 27 were approved by ihe trustees and authorised lor Issue
£Y.and $18ned on thelr behalf bv..
Sir A V Morrls
Chairman
Date:
1111L4
14

Disabil ity Initiative
year ended 31 December 2023
Balance Sheet- Registration number 03029077
2023
2022
Note
Fixed Assets
Tangible assets
Heritage assets
Investments
15
629,467
4.6LN]
100
535,043
4,600
Ic
16
634,167
539.743
Current Assets
Debtors
Cash at bank and In hand
20
209,253
288.860
498,113
218.113
318,069
536,182
21
Creditors: Amounts fallin8 due within one year
22
33,305 140.4281
Net Current Assets
464,808
495,754
Net Asseis
1.098.975 1.035.497
Funds of the Group
Restfl¢ted funds
Unrestrlrted funds
132.977
115,778
965,998
919,719
1,098,975 1,035.497
Total Fund5
25
The Charity made a Galn for the flnanclal year of £63.47812022 Loss . £8,423).
The flnandal statements on pages 10 to 27 were approved by the trustees. and authorlsed for155ue on
,and sl8ned on thelr behalf by..
Slr A V Morrls
Choirrnan
15

Disability Initiative
year ended 31 December 2023
Notes to the Flnanclal Statements
l. General Infoimatlon
The charity is a private company limited by guarantee wlthout share capitsl, registered in England and
Wales and a registered charity in England and Wales. The address of the reglstered office Is The
Resource Centre, Knoll Road, Camberley. Surrey. GU15 3SY.
The charlty Is a company limited by guarantee and has no share capital. In the event of the company
being wound up, every member at that date and any member who has ceased to bè a mèmber In the
previou5 twelve months wlll be liable to meet the net debts and liablllties Icontrarted before he or
She ce•se5 to be a member) up to a maximum contribulion of £1,
2. Actountln
Pollcles
Summary of slgnlflcant account policies and key accoynting estirn¥tes
The prlntlpal accountln8 pollcies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented. unless othenvise
stated.
St•i•m•nt of ¢ompllance
The financlal statements have been prepared In accordance with A¢countln8 and Reportln8 by
Charities.. Statement of Recommended Practice, appllcable to charltles preparlng thelr accounts In
accordance with the Flnanclal Reportin8 Standard applicable in the UK and Republlc of Ireland IFRS
102 effectlve l January 2015- Charltie5 SORPI, the Companles Art 2006 and the Charlties Act 2011.
The charlty constitute5 a public benefit entity as defined by FRSIO2.
of pr•p•ratl*Jn
Assets and Ilabllltles are Inltlally recoBnlsed at hlstorlcal cost or transartlon value unle55 Otherw15e
stated In the relevant accounting pollcy notes.
The finan¢lal statements are prepared In sterlln& whlch Is the functlonal currency of the entlty,
Basls of consolldatlon
The financlal statements consolldate the results and posltion of the subsldlary undertaklng on a Ilne
by line basis in both the Statement of Financlal Actlvltles {including income and expenditure account)
and the Balance Sheet. A separate Statement of Financial ActlvStle5 and Slatement of Cash Flows for
the charlty has not been presented because the 8roup has taken advantage of the exemption
afforded by sectlon 408 of the Companles Act 2006.
Golnl Concern
The trustee5 con51der that there are no materlal uncertainties about the charlty's ablllty to contlnue
as a going concern nor any significant area5 of uncertainty that affect the carryln8 value of assets held
by the charity.
Income and endowments
All incoming resources are Included In the statement of financial artivities when entitlement has
passed to the charlty,. It Is probable that the economlc benefits assoclated wlth the transartlon will
flow to the charity and the amounl can be rellably measured. The followin8 specific policies are
applied to partlcular cate8ories of income..
Income from donations or grants is recognised when there is evidence of entitlement to the gift,
recelpt is probable and Its amount can be measured reliably.
Legacy income is recogni5ed when receipt 15 probable and entitlement is established.
16

Disability Initiative
year ended 31 December 2023
Note5 to the Flnanclal Statements
Income from donated goods Is measured at the fair value of the goods unless thls Is Impractlcal to
measure reliably* In which case the value is derived from the cost to the donor or the estimated resale
value. Donated facilities and serlices are recognised in the accounts when received if the value can be
reliably measured. No amounts are included for the contrlbution of general volunteers.
Income from contracts for the supply of services15 recognised with the delivery of the contrarted
service. Thls is classified a5 unrestricted funds unle55 there is a contractual requlrement for it to be
spent on a partltular purpose and returned if unspenl in which case it May be regarded as restrltted.
The arnounts shown in the accounts are net ofVAT.
Interest Income Is reco8nlsed on a recelvable basls.
Expenditure
Expenditure Is recognised on an accruals basis as a liabillty is Incurred. Expendlture incltsdes any VAT
which cannot be fully recovered, and is tlasslfled under headlnls of the statement of financlal
artivities to whlch it relates:
Expendltvre on ralsine funds Includes the costs of all fundrai5in8 actlvitle5, events, non-¢haritable
tradin8 artivities, and the sale of donated goods. They do not include the c05ts of disseminatin8
public￿¥ and Information about the charity's day-to4ay dlsablllty serrfi¢es. These fundralslni costs
are-
always charged to Resources Expended as Incurred even If some costs are •ttrlbutable to
projects for whlch grants or donations are promlsed In futu￿ accounting perlods.
allocated agalnst funds received based on estimates of the tlme or resources spent on each
fundralsini projert, Unattributable c05t5 and 8eneral Costs are char8ed to unrestrlcted funds.
Expendlture on chafltable artlvltles Includes all costs Incurred by a charity In undertokin8 artlvltles
that further Its charltable alms for the beneflt of Its benefi¢iaries, includin8 those support Costs and
costs relatlng to the 8o¥ernance of the ¢harity apporti¢)ned to charltable activities.
Oiher expendlture Includes all expenditure that Is nelther related to ralsing funds for the charity nor
part ot Its expendlture on charltable actlvltles.
Most expendlture for the Group relates to charitable actlvltles and conslsts of dlrect and Indlrert
expenses of running services for the disabled clients at the Resource Centre in Surrey.
Support ¢08ts
Certaln expendlture Is dlrectly attributable to specific actlvitles and has been reported in those
expendlture cateeorles. Other support costs which are not attributable to any one activity are
apportioned across expenditure categorles on an appropriate ba515. Staff costs are allocated on the
basis of time estimates, property costs are allocated on the floor area utilised and other costs are
allocated on estimates of usage.
Governance costs
These include the costs attrlbutable to the chariV5 cornpliance with the constitutlonal and statutory
requirements, including audit, strategic rnana8ement and trustee'5 meetings and reimbursed
expenses.
Tan8lble fixed assets
All assets costin8 over £250 are considered for capitali5ation subjert to tonslderatlons as to the likelv
useful life of each item.
17

Disability Initiative
year ended 31 December 2023
Notes to the Flnancial Statements
Tangible assets are initially recorded at cost. and subsequently stated at cost less any accumulated
depreciation and Impairment losses.
H•Ilts￿ assets
Herita8e assets are measured under the revaluatlon model •nd are revalued at each repartlng date.
The very long expected lives of heritage a55ets. due to their natures, value and need to be protected
and preserved means that depreciation is not material and is. therefore, not provlded.
Depredation and •mortlsatlon
Depreciation Is provlded on tanglble fimed assets so as to wrlte off ihe cost or valuatlon. less any
estlmated residual value, over thelr expected useful economlc Ilfe as follows:
Asset cla55
Therapy, office and IT equipment
Building fixtures and equipment
Leasehold building
Depreciation method and rate
25% reducin8 balance
Between 4% and IO% feducln8 balance
Straight line over the period of the lease
Tr4d• ¢r•dltors
Creditors are recoinlsed where the charlty has a contrartual obllgatlon resultln8 from a past event
that will probably result in the transfer of funds to a thlrd party and the amount due to settle the
obli8ation can be measure or e5tlmated reliably. Credltors are normally recognised at thelr
contractual amount after allowin8 for any trade dlscounts due.
Fund 5trurture
Unrestrlcted funds are avallable for use at the dlscretlon of the trustees to further any of the charltfs
purposes.
Designated funds are unrestrlcted funds set aslde by the tru51ee5 for a particular purpose. The alms
and uses of each deslgnated fund are set out In the detalled notes to these financial statements.
Restrirted funds are funds which are to be used In accordance with specific restrirtions imposed by
donors or whlch have been raised by the charlty for a partlculaf purpose. Expendlture that meets
these criteria Is charged to each fund. together with the direct costs of raisin8 such funds. as
explalned In the resources expended pollcy. The alms and uses of each sl8nlficant restrlrted fund are
set out in the detalled note5 to these flnanclal statements.
Penslons and other post r•tlrnment obllgatlons
A defined contribution plan 15 a pension plan under whlch fixed Contributions are paid into a penslon
fund and the company has no legal or contractual obll8ation lo pay further contributlons even if the
fund does not hold sufficient assets to pay all employees the benefits relatlng to employee serrfi¢e in
the current and prior perlod$.
Contributions to defined contrlbution plans are reco8ni5ed as employee benefit expenses when they
are due. If contribution payments exceed the contribution due for a Service. the excess is recognised
a5 a prepayment.
Flnandal Instruments
Recognltlon and me05urement
A financial a55et of flnanclal liability is recognised only when the charlty becomes a party to the
contractual provision of the instrument.
18

Disability Initiative
year ended 31 December 2023
Note5 to the Financlal Statement5
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
Instruments. Basic financial instruments are inilially reco8ni5ed at the amount receivable or payable
including any related transaction costs.
Debt instruments are subsequently measured at amortlsed cost.
Financial a55etS that are measured at cost or amortised cost are revlewed for objertive evidence of
impairment at the end of each reportlng date. If there15 Qbjertive evldence of impolrrnent, an
impalrment Ioss is recognised undef the appropriate heading In the statement of flnanclal actlvltles In
whith the Inltial gain was retO8nlsed.
Any reversals of impairment are recognised immediately. to the extent that the reversal does nol
result In a carrying amount of the flnanclal asset that exceeds what thè earrylne amount would have
been had the Impalrment not previously been recognlsed.
Impoirment
A review for Indicators of Impaiment Is carrled out at each reportln8 date, wlth the recoverable
amount belni estlmatÈd where such Indlcators exlst. Where the carrylng value exceeds the
recoverable amount, the asset is impaired accordln8ly. Prior impairments are also reviewed for
POS5ible reversal at each reporting date.
natlo
Unrestrlrted
General
Restrlcted
Fund5
Total
2023
Total 2022
Donatlons Irom companles, trusts and slmllar
Pfoceeds
93.221
76,756
169.977
65,237
4. Income from charltable actlvltles
Unrestrlcted Total 2023
Funds
Total 202Z
Provision of di54bility Services
654,734
654.734
601,755
•r Income
Unrestricted
Funds
Total 2023
Total 2022
Investment Income
Interest receivable and similar income
Other Incom
Government Grants
Rental Income
3,802
3.802
2,551
16,906
20,708
16.906
20,708
25.988
28,539
19

Disabil ity Initiative
year ended 31 December 2023
Notes to the Financlal Statements
endfture on ralsln funds
Costs of generating donatlons and legacles
Note Unrestricted
Funds
Restrirted
Funds
Total 2023 Total 2022
Other direct Costs of generating
voluntary income
Ilaisin8 Funds
115,253
115,253
3,286
3.286
118,539
118.539
109.579
109.579
ndlture on charftable aclivltles
Note Unrestflcted
Funds
Restricted
Funds
Total 2023 Total 2022
Prov151on of dlsability servlces
Allocated support ¢osts
Governance costs
391,493
327.652
24,402
731,579
50,000
8,008
441,493
335,660
24,402
801,555
467.746
266.912
11.086
745.744
69,976
Ilaislng Funds
Servites to Cllents
115,253
628,294
743.547
3,286
54,722
58,008
118.539
683,016
801,555
109.612
636,132
745.744
£731,57912022: £708.7631 of the above expenditure was attrlbutable to unrestrlrted funds and
£69.976 {2022.' £36.9811 to restricted funds.
8. Anal sls ol
Support costs allocation
ndsu
ortco
Ralslng
Funds
Servlces to
Cllents
Total 2023
Total 2022
Staff tosts
Legal and professional
Premlses and equipment maintenance
Other
Oepreclatlon Jnd disposals
Outln85 and caterlng
8ad debt provi51on
64.256
13.623
7,700
4,194
15,852
263
96,384
20.434
53,901
29.357
22.779
160,640
34,056
61,601
33,551
38,631
263
6,917
335,660
24,402
97.431
20,6
54,641
43,966
40,413
7,221
2,640
266,912
11.086
6,917
229.773
11,750
105,887
12,652
Governan¢e costs
Governance costs
Unrestrlrted
Funds
2023
Total 2022
Audit & Accountancy of the financial statements
Governance expenses
23.500
902
24.402
23,500
902
24.402
10,591
495
11,086
20

Disability Initiative
year ended 31 December 2023
Notes to the Financial Statements
Trustees expense5 consists of £49512022: £495 for trustees. meetin8 expenses)
Net In¢omln
oln
resources
Net outgoin8 rèsources for the year Include..
2023
2022
Amortlsatlon of fixed assets
Depreclatlon Of flxed assets
1,769
36,862
2,359
38,054
9. Tiu
mun•rat
No remuneratlon was paid to the trustees in either year and nor were any travel expenses reimbursed
to any trustees. Expenses relating to trustee's meetings and trustee training costs are shown under
8overnance costs. See note 8.
ff Costs
The aigre8ate payroll c05t5 were as follows.,
2023
2022
Wages and salaTles
Social Security Costs
Penslon costs
Staff tralnln8 and fecruitment
441.526
37,877
25,225
6,497
511,125
425.309
26.696
18.717
4,216
474,938
Employee costs, includin8 pension costs, are split between actlvities based on the number of sesslons
provided to cllents.
The monthly avera8e number of persons lincludln8 5enlor management team) employed by the 8roup
durin8 the year expressed as full-tlme equlvalents were as follows..
2023
2022
Disability services
Management and administration
14
15
17
19
The total employee beneflts of the key management personnel of the group were £115.82312021:
£102,239).
11. Audltovs remuneratlon
Group
Charlty
2022
2023
2022
2023
Autllt of the financial statements
9,000
9.000
4.500
4,500
12. Taxation
The 8roup 15 a registered charity and is therefore exempt from taxation.
21

Disability Initiative
year ended 31 December 2023
Notes to the Financial Ststements
Group
Software
Total
Cost
At l January 2023
Additions
Transfers
At 31 De¢¢mber 2023
16,776
16.776
16.776
16.776
Depreciatlon
At l January 2023
Charge for the year
At 31 December 2023
9,699
1.769
11,468
9.699
1.769
11,468
Net book value at 31 Oecember 2023
Net book value at 31 December 2022
5,308
7.077
5,308
7,077
Charity
Software
Total
Cost
At l January 2023
Additions
Transfers
At 310ecernber 2023
Depreciation
At l January 2023
Char8e for the year
At 310ecember 2023
Net book value at 31 December 2023
Net book value at 31 December 2022
22

Disability I nitiative
year ended 31 December 2023
Notes to the Financial Statements
Ible fl
Land and
Buildings
Furniture and
Equipment
Group
Equipment
Total
Cost
At I january 2023
Additlons
Dlsposals
Transfers
At 31 December 2023
526.729
12.500
475,410
80.671
250,155 1,252.294
9,535
102,706
45,524
601.606
45,5241
214,165 1.355,000
539.229
Depreciatlon
At l January 2023
Char8e for the year
Eliminatlon on Dlsposal
Transfer
At 310ecember 2023
107.932
5.392
380.102
20,159
185,167
11,308
673,201
36,859
19.917
420.177
19,917)
176,558
113.324
710,060
Net book value at 31 December 2023
Net book value at 31 December 2022
425.905
418,797
181.428
95,308
37.608
64,988
644,940
579.093
Charlty
Land and
Buildin8$
Furnlture and
Equlpment
Equlpment
Total
C05t
At l January 2023
Additlons
Oisposa15
Transfers
At 31 December 2023
526,729
12,500
475,41a
80.671
133,114 1,135,253
7,348
100,519
45.524
601.606
45,524
140,462 1.281,296
539,229
Oepreclatlon
At l January 2023
Charge for the year
Ellmlnatlon on Dlsposal
Transfer
At 31 December 2023
107,932
5,392
380,102
20.159
112,174
6,153
600,208
31,704
19.917
420.177
19.917
651,829
113.324
118,328
Net book value at 31 December 2023
Net book value at 310ecember 2022
425.905
418.797
181.428
95,306
22,134
20,940
629,467
535,043
Included within the net book value of land and bulldln8s above is £425,90512022: £418,797) in respect
of lea5ehold5.
The leasehold buildlng Is the Resource Centre in Camberley* whlch Is stated at hlstorical costs less
depreclatlon. The lease of the land for the Centre is for a perlod of 99 years. explrlng on 26 January
2099, The annual 8round rent amounts to £3,500.
23

Disability Initiative
year ended 31 December 2023
Notes to the Financial Statements
15. Herlts
Group and Charlty
Jewellery
Total
Valuatlon
At l January 2023
At 31 December 2023
4,600
4,600
4,600
4,600
Depre¢iatlon
Net book value at 31 December 2023
4,600
The asset was professionally valued on donatlon and the trustee5 ￿leW thls at each year end. There
have been no additions or disposals of heritage assets in the last S years.
16.
kln
Dlsablllt Inltlatlve Ser¥ke$ Lt
The charltys wholly owned tradln8 sub5idlary. Disablllty Inltljtlve Servlces Ltd IDISI, Is a companv
incorporated in England wlth the company number 02915444. The re8lStered offlce Is Resource
Centre. Knoll Road. Camberley, Surreyi GU15 3SY. The share capltal. comprising of 100 Ordinary £1
5hare5 wa5 purchased at a cost of £100 and was held by the charity throughout the year. The shares
are Shown at ¢0St value in the accounts.
DIS provldes servlces to dlsabled people In the Resource Centre in Camberley, Surrey. It funds Its
artivitie5 by selllng se551on5 to soclal servlces, health organlsatlons and private Individua15. When DIS
eams any profit above è bas1¢ mlnlmum threshold requlred for the continued malntenance of its
workin8 Capital and operations, it pays the profit to the charity by gift aid. OIS a150 operates some
services includin8 payroll on behalf of DI and these are rechar8ed to DI by Ols.
DIS has been Included on the consolidated account5 and a summary of its indlvldual trading results is
shown below:
2023
2022
Turnover from provision of Disability Serrfices
Other Income
Operational and administrative expenses
Operatlng profit I Ilossl
Retalned In the subsldlary
496,160
122
1515,8961
119,6141
119,6141
461,567
205,919
1709,2801
41.794
141,794
Fimed 055et5
Current a55ets
Current Ilabilities
Net assets
20,783
184.003
288.2471
83.461
51,128
139.130
1254.7211
64,463
A88re8ate share capital and reserves
83,461
164.4631
24

Disability Initiative
year ended 31 December 2023
Notes to the Financial Statements
17. Results
the
arent undertakin
The gro55 income and result of the parent charity excludlng those of its subsidiary were as follows:
2023
2022
Total income
Net movement in funds
390.986
63,478
235.922
18.4231
l& Stock
Group
Charity
2023
2022
2023
2022
Stock
loo
100
19. Debto
Group
Charity
2023
2022
2023
2022
Trade debtors
Due from 8roup undertakln8S
Prepayments
Other debiors
88,818
77.942
22.691
234.250
250
15,174
202,604
335
27,396
14.263
116,214
92.205
257,191
218,113
20. Cash and cash e
ulvalent$
Group
Charity
2023
2022
2023
2022
Cash in hand
Cash at bank
1,311
330,243
331,SS4
1,485
378,919
380,404
602.08
877
28B,259
288,861
317,192
318,069
21. Credlta
wlthln one
Group
Ch•rity
2023
2022
2023
2022
Trade creditors
Other taxation and social se¢urity
Other credltors
Accrua15 & deferred income
10,079
32,188
13
45,021
87,301
11.594
25.267
3.331
51.738
91.930
18
133
40,276
40,427
32.704
33,304
Notes to the Financial Statements
25

Disability Initiative
year ended 31 December 2023
22. Pension and other sthemes
The group operates a defined contribution pension scheme. The pension cost charge for the year
represents contrlbutions payable by the group to the scheme and amounted to £25,22512022:
£22.4791.
13. Cornmltments
Ch¢7rity
The charlty had total commitments under non-cancellable operatlng leases for the Resoufce Centre as
set out below:
2023
2022
No later than one year
Later than one year and no later than five year5
Later than flve years
3.$00
14.lJOO
259.IXX)
3.500
14.000
259,000
The ground rent is currently funded by an annual grant for the same amount from the landlord,
Surrey Heath Borough Council.
Notes to the Financial Statements
26

Disability Initiative
year ended 31 December 2023
24. Funds
Group
Balan¢e at
ljanuary
2023
Balance at
Resource5
31
Expended December
2023
Incomlng
Resour¢es
Unrestrl
General
Designated
Total unrestrlcted funds
715.771
140,0
855,771
771.382
1735,8711
127.5931
1763,4641
7SI,282
112.407
863,689
771,382
Restrirted Funds
8uildin85
Rehabllltation projert- communlty fund
Motomeds
Solar Panels
COVID
TNLCF Restricted Fund
CFS Grant- Carers Evenin8S
Garden
Intergrated Pathwav
Hampshire Workforce
SCC Omicron Fund
Power Chalr
Other projects and equipment
Total restricted funds
76.626
8,983
1,420
14.430
12.646}
17,775)
19291
11.120}
88,410
1,208
2,789
10,080
2.298
11,200
8,333
50,000
12.500
150,0001
14.2921
11891
8,333
8,208
20,053
20.242
7,348
8.111
105,887
19191
12,0711
169,9401
6,430
6,213
151,724
173
115.778
Total lunds
971,549
853,628
1810,3791 1.014,797
Group
Balance at
l January
2022
Incomlng
Resources
Resources
Expended
alance at
31
December
2022
Unrestrlcted Funds
General
Oesi8nated
Total unrestrlcted funds
787,297
140,000
927,297
636,201
1707,727)
715.771
140,0(hJ
855.771
636,201
707,727
Restrlrted Funds
8uildines
Rehabilitatlon proiert- communlty fund
Motomeds
covio
TNLCF Re5trlcted Fund
Garden
Inte8rated Pathwav
Hampshlre Workforce
SCC Omicron Fund
Other projert5 and equipment
Total restricted funds
79.460
9,132
1,956
12.8341
11491
15361
15,9921
116,6671
17,0581
124.0001
14201
16171
3,7461
162,0201
76.626
8,983
1,420
5.992
25,0(kl
27,3
24,000
420
617
8.333
20,242
3,919
94,468
173
115.778
83.330
Total funds
1,021.765
119￿31
769.747)
971.549
Notes to the Financial Statements
27

Disability Initiative
year ended 31 December 2023
Charity
Balance at
l January
2023
Balance at
Resource5
Ji
Expended De¢ember
2023
Incomlng
Resources
Unrestrirted Funds
General
Designated
Total unrestrlrted funds
779,719
140,000
919,719
285,099
1229.9741
127,5931
1257.5671
834.844
112.407
947,251
285,099
Restrlcted Funds
Buildings
Rehabilitatlon project- community fund
Moiomeds.
Solar Panels
COVID
TNLCF Restricted Fund
CFS Grant. Carers Evenin8$
Garden
Intergrated Pathway
Hampshire Workforce
SCC Omicron Fund
Power Chalr
Other projerts and equlpment
Total restrlrted funds
76.626
8,983
1,420
14.430
12,6461
17.7751
19291
11,1201
88.410
1,208
2.789
10,080
2,298
11.2¢XI
8.333
50.OLNJ
12,5CKI
150,0001
14,2921
11891
8.333
8.208
20.053
20.242
7.348
8,111
105,887
19191
12.0711
169,9401
6.430
6,213
151,724
173
115.778
Tot•1 lunds
1,035,497
367,345
303,8671 1,098,975
Charlty
Balance at
l January
2022
Incomin8
Re50urce5
Resources
Expended
Balance at
31
December
2022
•strlcled Fun
General
Designated
Total unrestricted funds
809,4S2
140,000
949.452
179,142
1208.87SI
779,719
140,000
919,719
179,142
{208,8751
trlct
Buildin65
Rehabilitalion project- communlty fund
Motomeds
COVID
TNLCF Restflcted Fund
Garden
Integrated Pathway
Hampshire Workforce
SCC Omicron Fund
Other projerts and equipment
Total restrlcted funds
79.460
9,132
1,956
12.8341
11491
15361
15,9921
116,6671
17,0581
{24.0001
14201
16171
13,7461
162,019)
76.626
8.983
1,420
5.992
25,000
27,300
24.000
420
617
8.333
20.242
3.919
94,468
173
115,778
83,329
Total funds
1,043,920
262A71
1270A94) 1,035,497
Notes to the Financial Statements
28

Disability Initiative
year ended 31 December 2023
The specific purposes for which the funds are to be applied are as follow5..
Re5trirted Funds
al 8ulldin8S'.
All other restrlcted 8rants and donatlons relatin8 to the orlglnal constructlons cosi of the
Resource Centre are held withln this fund. These appeals are now closed. All out8oin8s relate
entirely to depreclatlon.
bl Rehabllitation Project- Community Fund:
In 2001, the Charity embarked upon a project for the establishment of a Specialist Rehabilitatlon
servlce. Project fundln8 tame to an end in February 2004. Slnce, sorne of the fundlng was spent
on capltal equipment, depreciation charges wlll continue to be made against the fund until the
fund is fully utilised.
cl Motomeds:
Durln8 2015 the Charlty recelved fund for the purchase of 3 Molomed devlces and related
a¢cessories. These fund5 are to be held In a separate restrlrted fund untll the equipment has
been fully depreclated or disposed of.
dl Other projects and equlpment:
As part of its continuing work. the charity seeks support from both the general public and other
donors in the financini of Its activlties and Its speclalist equipment. When fvnds are recelved In
response to specific requests, they are held in separate restrlrted funds untll they have been
spent or. if a fixed a55et 15 purchased, until that asset has been fully depreciated.
Unrestrirted Funds
Wlthln the unrestrlcted fvnds, In vlew of the expected malntenance needs of the Resource Centre over the
short to medium term, the trustees have elected to maintain a designated fund to represent the cash set aslde
to meet these future costs as they arise.
Group
Unrestrlrted funds
Restrlcted funds
Total funds
Tangible fixed assets
Inton8ible fixed assets
Herltaie assets
Investments
Current assets
Current liabilitles
Total net assets
516,860
5,307
4.600
128.081
644,940
5,307
4.600
447,867
111,5851
863 049
447,867
87.301
1.015.413
24,284
152.365
Charity
Unrestrlcted fund5
Re5trlrted funds
Total funds
Tanglble fixed assets
Heritage assets
Investments
Current assets
Current liabilitles
Total net assets
501.384
4,600
loo
498,114
57,5881
946,610
128.081
629.465
100
498.114
{33,304}
1,098,975
24,284
152,365
Notes to the Financial Statements
29

Disabi l ity Initiative
year ended 31 December 2023
26. Detalled Pft)fft and Loss- Charl
onl
2023
2022
Donatlons and Grants
Provision of Disability Servlces
Rental Income
169.855
158.574
26.906
57,883
142.060
35,979
355,335
235,922
Dlrect Salaries
Activity Expenses
Event Costs
51.359
53,549
263
38.812
46,710
7.286
Other Fundralslng and Publicity Costs
105.170
250,164
92,808
143,114
Gross Profit
Repairs to property
Rates and Water
Llght and Heat
Insurance
4,687
225
159
180
4.750
1,299
4,529
1,729
4,246
872
3.054
5,153
1,084
1,284
99,853
438
31,705
Equipment Hlre
Other Office Costs
Computer C05tS
Cleanlng
Travelling & Subslstence
Telephone & Internet
Wages
Bank Fees
Depre¢iation
Lo55 on Disposal of Asset
Accountancy Fees
AudSt Fees
Legal and Professlonal Fees
Donatlons
Entertainment
Bad Debts
Sundry
Trustees Expenses
5,329
98,979
419
23,371
1,6CM)
912
4,500
11,000
3,744
4,500
19,947
25
250
1,167
2.263
902
235
190,488
59,676
3.802
63,478
154,088
110,974)
2,551
{8.423)
Operatln8 Loss
Bank Interest ReceNed
Net GainllLossl
30