**REGISTERED COMPANY NUMBER: 03201755 (England and Wales) REGISTERED CHARITY NUMBER: 1055692**
**DISABILITY ACTION IN ISLINGTON REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
Haines Watts Chartered Accountants Old Station House Station Approach Swindon Wiltshire SN1 3DU
**DISABILITY ACTION IN ISLINGTON**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Statement of Financial Position**|7|
|**Notes to the Financial Statements**|8 to 15|
## **DISABILITY ACTION IN ISLINGTON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Company's principal aim is to support and enable Deaf and disabled people in Islington to achieve their full potential and promote a more accessible and inclusive community and environment.
It sets out to fulfil this aim through the following objectives:
- To enable Deaf and disabled people to achieve and maintain choice, control and independence in their lives and access services, entitlements and opportunities.
- To enable Deaf and disabled people to meet together to share information, skills and support and tackle social isolation and exclusion.
- To promote more accessible and inclusive services and environment for Deaf and disabled people.
- • To effectively represent the views, needs and interests of Deaf and disabled people.
By disabled people Disability Action in Islington means people who have a physical, sensory, cognitive or hidden impairment or long term health condition, many of whom will experience disadvantage, exclusion and discrimination as a result of the physical, attitudinal and communication barriers operating in society.
The strategies and activities employed to meet the Company's key objectives focus on providing a range of services to individual Deaf and disabled people as well as playing an active part in the local community and partnership working with local statutory and voluntary organisations.
In setting its aims and objective the trustees confirm they have due regard to the guidance issued by the Charity Commission on public benefit.
Page 1
## **DISABILITY ACTION IN ISLINGTON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
## **Information & Advice Service**
Our Information & Advice (I&A) service remains a cornerstone of our work, offering crucial support to local Disabled residents. Delivered by a dedicated team of staff and volunteers, and enriched by placement students from Middlesex University, this service provides free advice and guidance on:
- Benefits (eligibility checks, application assistance, and challenging decisions)
- Access to local services
- Housing and utility issues
- Grant applications
In April 2022, we secured two significant three-year grants, enabling us to employ two Advice Workers and a Complex Needs Caseworker, while also ensuring operational and managerial support for the I&A Service. These grants have been instrumental in maintaining and expanding our services over the past year and will continue to support our work in the coming year.
## **Hate Crime**
DAII is now recognized as a third-party reporting service for hate crimes, a testament to our ongoing commitment to supporting D/deaf & disabled residents who experience such incidents. Our work in this area focuses on raising awareness, providing advice, and guiding individuals through the process of reporting a hate crime in a manner that supports them and their own pace.
## **Project Work**
## **Healthwatch Partnership**
Through our involvement in Healthwatch's Diverse Communities Health Voices initiative, we have collaborated on impactful research projects, including:
- Deaf Primary Care consultation
- A different approach to engagement
## **Greater London Authority (GLA) Democratic Participation Project**
Thanks to phase two funding from the GLA's Democratic Participation program, we expanded our partnership with Disability Action Haringey to deliver sessions aimed at raising awareness about the requirement for photo ID when voting. These sessions emphasized the importance of voting and encouraged greater involvement from D/deaf & Disabled residents in democratic processes.
## **Housing Disability Panel**
Our collaboration with Islington Housing Services continues to flourish through the co-facilitation of the Housing Disability Panel. This initiative addresses the challenges faced by Disabled social housing residents, providing actionable feedback to Islington Council to improve service delivery and accessibility.
## **Events**
## **Disability History Month**
We were honoured to participate in Islington Council's Disability History Month celebrations, delivering Social Model of Disability training to both community members and Islington Councillors. Our contribution was highly praised, reinforcing our leadership in promoting disability awareness and advocacy. International Day of Disabled Persons
In December, we joined forces once again with Disability Action Haringey to host an in-person event celebrating the International Day of Disabled Persons. This event provided an invaluable opportunity to showcase our commitment to the wider D/deaf and Disabled community across London, celebrate our shared achievements, and highlight DAII's ongoing work.
## **Closing Remarks**
This year's accomplishments would not have been possible without the dedication of our staff, volunteers, and
Page 2
## **DISABILITY ACTION IN ISLINGTON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
partners, as well as the generosity of our funders. As we look to the future, DAII remains steadfast in its mission to empower and support Disabled residents, ensuring their voices are heard, their rights upheld, and their needs met.
## **FINANCIAL REVIEW**
## **Financial position**
Results for the year are set out of page 6 with the position of the charity at the year-end set out on page 7.
## **Reserves policy**
Total reserves at the year-end amounted to £236,924 (2023 £200,585). Of these £137,679 were restricted funds (2023 £123,638)
DAI aims to ensure that the current reserve of unrestricted funds is maintained in the coming year to fulfil DAII's policy of keeping the equivalent of at least three months operating costs in reserve to mitigate unforeseen funding gaps and costs.
Free reserves at 31 March 2024 were £98,742 (2023 £75,969).
## **FUTURE PLANS**
DAI will focus in the coming year on developing funding applications for key personnel to increase the organisations capacity within challenging funding environment. This will ensure we are in a position to run a fully operational office and explore service and project development. DAI will also continue to offer and develop volunteering opportunities for local disabled residents.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Charity constitution**
The Company is constituted under a Memorandum of Association dated 3.4.09 and is a registered charity number 1055692. The Company is registered as a charitable Company limited by guarantee.
## **Recruitment and appointment of new trustees**
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. The management committee seeks to ensure that its membership accurately reflects the range and diversity of disabled people in Islington from an impairment, ethnicity, gender and sexuality perspective as well as ensuring the right mix of skills and experience required to manage a disability rights organisation.
## **Induction and training of new trustees**
Any potential disabled person who is a member of Disability Action in Islington and is interested in becoming a Trustee is invited to observe two Management Committee meetings and is offered a meeting with the Chair of the Committee to discuss the organisation and role of a Trustee.
Once formally elected at the Annual General Meeting or co-opted onto the Committee each new member receives an information pack containing all legal documentation relating to the organisation, a job description, a summary of roles and responsibilities, details of forthcoming Committee meetings and the level of support and training to be provided.
Induction of new Trustees includes: a series of meetings with Chair, Officers and Chief Executive to explain the structure of the Company, its aims and objectives, current and projected financial situation, future service development plans and current and future risks, challenges and opportunities the Company may face. New Trustees are also provided with all organisational policies and processes relating to areas of employment, finance and health & safety.
New Trustees are also allocated a 'Trustee buddy' who supports the member at initial Committee meetings.
Day to day management of the charity is delegated to the Manager Andy Greene.
Page 3
## **DISABILITY ACTION IN ISLINGTON**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 MARCH 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 03201755 (England and Wales)
**Registered Charity number** 1055692
**Registered office** Unit 3, Marquess Estate St Paul's Road Islington London N1 2SY
## **Trustees**
Phil Stevens Barbara Sidnell Louise Walton Amber Munir (resigned 11.5.23) Warrenl Stapley (appointed 7.7.23)
## **Independent Examiner**
Haines Watts Chartered Accountants Old Station House Station Approach Swindon Wiltshire SN1 3DU
26th November 2024 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. Phil Stevens - Trustee
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DISABILITY ACTION IN ISLINGTON**
## **Independent examiner's report to the trustees of Disability Action in Islington ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## SPoOcAde
Susan Plumb ACA
Haines Watts Chartered Accountants Old Station House Station Approach Swindon Wiltshire SN1 3DU
27 November 2024 Date: .............................................
Page 5
## **DISABILITY ACTION IN ISLINGTON**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
289
**Charitable activities**
4
VCS Infrastructure Fund
-
Housing Disability Panel
-
Other activities
16,364
Investment income
3
214
**Total**
16,867
**EXPENDITURE ON**
**Charitable activities**
5
VCS Infrastructure Fund
-
Housing Disability Panel
-
General
-
Reaching communities
-
Other activities
1,618
**Total**
1,618
**NET INCOME**
15,249
**Transfers between funds**
12
7,049
**Net movement in funds**
22,298
**RECONCILIATION OF FUNDS**
Total funds brought forward
76,947
**TOTAL FUNDS CARRIED FORWARD**
99,245|Restricted
funds
£
134,197
30,000
22,910
-
-
187,107
49,438
13,425
25,665
77,489
-
166,017
21,090
(7,049)
14,041
123,638
137,679|2024
Total
funds
£
134,486
30,000
22,910
16,364
214
203,974
49,438
13,425
25,665
77,489
1,618
167,635
36,339
-
36,339
200,585
236,924|2023
Total
funds
£
139,849
30,000
22,910
15,569
38|
|---|---|---|---|
||||208,366|
||||24,151
8,924
-
45,501
45,383|
||||123,959|
||||84,407
-|
||||84,407
116,178|
||||200,585|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 6
## **DISABILITY ACTION IN ISLINGTON**
## **STATEMENT OF FINANCIAL POSITION 31 MARCH 2024**
||||||2024|2023|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Total|
|||fund|funds|funds|funds|funds|
||Notes|£|£||£|£|
|**FIXED ASSETS**|||||||
|Tangible assets|9|503||-|503|978|
|**CURRENT ASSETS**|||||||
|Debtors|10|7,583||-|7,583|2,250|
|Cash at bank||117,379|137,679||255,058|208,668|
|||124,962|137,679||262,641|210,918|
|**CREDITORS**|||||||
|Amounts falling due within one year|11|(26,220)||-|(26,220)|(11,311)|
|**NET CURRENT ASSETS**||98,742|137,679||236,421|199,607|
|**TOTAL ASSETS LESS CURRENT**|||||||
|**LIABILITIES**||99,245|137,679||236,924|200,585|
|**NET ASSETS**||99,245|137,679||236,924|200,585|
|**FUNDS**|12||||||
|Unrestricted funds|||||99,245|76,947|
|Restricted funds|||||137,679|123,638|
|**TOTAL FUNDS**|||||236,924|200,585|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 26 November 2024 ............................................. and were signed on its behalf by:
.............................................
Phil Stevens - Trustee
The notes form part of these financial statements
Page 7
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the entity and is rounded to the nearest £.
## **Going Concern**
The charity is dependent on continued funding from a number of sources. The trustees have no reason to believe this will not continue. The accounts have therefore been prepared on a going concern basis.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 8
continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
## **2. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**||||
|---|---|---|---|
|Unrestricted
funds
£
Donations
289
Grants
-
289|Restricted
funds
£
-
134,197
134,197|2024
Total
funds
£
289
134,197
134,486|2023
Total
funds
£
5,299
134,550|
||||139,849|
Grants received, included in the above, are as follows:
|National Lottery Reaching Community
Merton CIL - Hate Crime Project
Cloudesley Fund|2024
£
93,322
-
40,875
134,197|2023
£
91,073
13,477
30,000|
|---|---|---|
|||134,550|
## **3. INVESTMENT INCOME**
|Unrestricted
Restricted
funds
funds
£
£
Deposit account interest
214
-|2024
Total
funds
£
214|2023
Total
funds
£
38|
|---|---|---|
Page 9
continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **4. INCOME FROM CHARITABLE ACTIVITIES**
|Activity
LB of Islington
VCS Infrastructure Fund
LB of Islington
Housing Disability Panel
Other
Other activities|2024
£
30,000
22,910
16,364
69,274|2023
£
30,000
22,910
15,569
68,479|
|---|---|---|
## **5. CHARITABLE ACTIVITIES COSTS**
|**Direct Costs**
Employment
costs
Other direct
costs
**Support**
**Costs**
Establishment
costs
Repairs &
maintenance
Office
expenses
Sundries
Service costs
Insurance
Accountancy
Legal &
professional
Depreciation||LBI
VCS
LBI
HDP
Lottey
RC
Fund
Cloud
esley
Fund
£
£
£
£
13,871 10,285 67,543 21,753
-
-
-
-
13,871 10,285 67,543 21,753
13,714
1,969
5,522
893
9,468
10
-
-
932
44
88
-
85
-
1,105
-
4,844
168
1,012 2,858
1,674
55
-
-
906
380
874
-
3,944
514
1,345
161
-
-
-
-
35,5673,140 9,946
3,912
49,438 13,425 77,489 25,665|LBI
VCS
LBI
HDP
Lottey
RC
Fund
Cloud
esley
Fund
£
£
£
£
13,871 10,285 67,543 21,753
-
-
-
-
13,871 10,285 67,543 21,753
13,714
1,969
5,522
893
9,468
10
-
-
932
44
88
-
85
-
1,105
-
4,844
168
1,012 2,858
1,674
55
-
-
906
380
874
-
3,944
514
1,345
161
-
-
-
-
35,5673,140 9,946
3,912
49,438 13,425 77,489 25,665|LBI
VCS
LBI
HDP
Lottey
RC
Fund
Cloud
esley
Fund
£
£
£
£
13,871 10,285 67,543 21,753
-
-
-
-
13,871 10,285 67,543 21,753
13,714
1,969
5,522
893
9,468
10
-
-
932
44
88
-
85
-
1,105
-
4,844
168
1,012 2,858
1,674
55
-
-
906
380
874
-
3,944
514
1,345
161
-
-
-
-
35,5673,140 9,946
3,912
49,438 13,425 77,489 25,665|General
2024
Total
£
£
(5,000)
108,452
-
-
(5,000)108,452
-
22,098
35
9,513
-
1,064
345
1,535
-
8,882
-
1,729
-
2,160
5,763
11,727
475
475
6,618
59,183
1,618 167,635|General
2024
Total
£
£
(5,000)
108,452
-
-
(5,000)108,452
-
22,098
35
9,513
-
1,064
345
1,535
-
8,882
-
1,729
-
2,160
5,763
11,727
475
475
6,618
59,183
1,618 167,635|
2024
Total
£
108,452
-|2023
Total
£
93,085
-
93,085
15,257
914
1,087
833
4,762
1,564
2,370
3,625
462
30,874
123,959|
|---|---|---|---|---|---|---|---|---|
|||13,871|10,285
1,969
10
44
-
168
55
380
514
-
3,140
13,425|21,753|(5,00
-
35
-
345
-
-
-
5,763
475
6,618
1,618||||
|||13,714
9,468
932
85
4,844
1,674
906
3,944
-||893
-
-
-
2,858
-
-
161
-
-|||||
|||35,567||3,912|||||
|||49,438||25,665|||||
Page 10
continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **6. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Independent Examiner's fee
Depreciation - owned assets|2024
£
2,280
475|2023
£
2,370
462|
|---|---|---|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
One trustee received remuneration of £273 for providing training services during the year ended 31 March 2024 (2023 £4,000 for consultancy services). No trustee received any remuneration during the year in their capacity as trustee (2023 same).
## **Trustees' expenses**
During the year 1 trustees received re-imbursed expenses totalling £77 (2 trustees £167) for travel and work related expenses.
## **8. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|2024
£
101,615
3,120
3,717
108,452|2023
£
89,058
1,057
2,970|
|---|---|---|
|||93,085|
## **Key Management Personnel Remuneration**
Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. Remuneration amounted to £nil for 2024 (2023: £nil).
The average monthly number of employees during the year was as follows:
|Charitable activities
Admin and management|2024
6
2
8|2023
4
2|
|---|---|---|
|||6|
No employees received emoluments in excess of £60,000.
Page 11
continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **9. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2023
Disposals
At 31 March 2024
**DEPRECIATION**
At 1 April 2023
Charge for year
Eliminated on disposal
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income|2024
£
5,333
2,250
7,583
2024
£
8,133
2,266
659
15,162
26,220|Fixtures
and
fittings
£
12,434
(10,994)
1,440
11,456
475
(10,994)
937
503
978
2023
£
-
2,250
2,250
2023
£
508
4,790
1,473
4,540
11,311|
|---|---|---|
Included in accruals and deferred income at the year end is £nil deferred grant income that relates to 2024/2025 (2023 £2,500 relating to 2023/2024).
Page 12
continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **12. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
VCS Infrastructure Fund
Housing Disability Panel
NLCF - COVID support
LBI Chest Fund
Cloudesley Fund
Lottery RC Fund
Merton CIL
**TOTAL FUNDS**|At 1/4/23
£
76,947
20,207
43,540
482
2,477
7,270
45,572
4,090
123,638
200,585|Net
movement
in funds
£
15,249
(19,438)
9,485
-
-
15,210
15,833
-
21,090
36,339|Transfers
between
funds
£
7,049
-
-
(482)
(2,477)
-
-
(4,090)
(7,049)
-|At
31/3/24
£
99,245
769
53,025
-
-
22,480
61,405
-
137,679
236,924|
|---|---|---|---|---|
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
VCS Infrastructure Fund
Housing Disability Panel
Cloudesley Fund
Lottery RC Fund
**TOTAL FUNDS**|Incoming
resources
£
16,867
30,000
22,910
40,875
93,322
187,107
203,974|Resources
Movement
expended
in funds
£
£
(1,618)
15,249
(49,438)
(19,438)
(13,425)
9,485
(25,665)
15,210
(77,489)
15,833
(166,017)
21,090
(167,635)
36,339|
|---|---|---|
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continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **12. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
VCS Infrastructure Fund
Housing Disability Panel
NLCF - COVID support
LBI Chest Fund
Cloudesley Fund
Lottery RC Fund
Merton CIL
**TOTAL FUNDS**|At 1/4/22
£
61,045
14,358
29,554
8,443
2,477
301
-
-
55,133
116,178|Net
movement
in funds
£
15,902
5,849
13,986
(7,961)
-
6,969
45,572
4,090
68,505
84,407|At
31/3/23
£
76,947
20,207
43,540
482
2,477
7,270
45,572
4,090
123,638
200,585|
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
VCS Infrastructure Fund
Housing Disability Panel
NLCF - COVID support
Cloudesley Fund
Lottery RC Fund
Merton CIL
**TOTAL FUNDS**|Incoming
resources
£
15,607
30,000
22,910
-
35,299
91,073
13,477
192,759
208,366|Resources
Movement
expended
in funds
£
£
295
15,902
(24,151)
5,849
(8,924)
13,986
(7,961)
(7,961)
(28,330)
6,969
(45,501)
45,572
(9,387)
4,090
(124,254)
68,505
(123,959)
84,407|
|---|---|---|
Restricted funds comprise the following: -
VCS Infrastructure Fund - L.B of Islington voluntary and community sector grant (£30,000) to improve local services and quality of life for all disabled residents in Islington.
Housing Disability Fund - Provision of Disability Panel with tenants and leaseholders to assess and comment on the impact to disabled residents on housing policies and procedures being implemented by LBI as a landlord (£22,910).
LBI Chest Fund - this grant was received to support claimants with note taking during their PIP medical assessment.
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continued...
## **DISABILITY ACTION IN ISLINGTON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **12. MOVEMENT IN FUNDS - continued**
Cloudesley Fund - This grant is made as part of Cloudesley's Charity Health and Welfare Grants Programme for individuals. Grants are distributed to individual applicants who are Islington residents and have an illness or disability with low income or no income. The maximum and amount an applicant can receive is not more than £500 in total over two years.
Lottery RC Fund -awarded Disability Action In Islington £280,533 over three years for Information and Advice Service to support deaf and disabled people who live and work in Islington borough. Support services include, access for benefit and grant entitlements, improved housing and employment prospects, reduce social isolation and improve social wellbeing.
Meron CIL -Funding was received from Merton CIL hate crime partnership during the prior year for pan London hate crime project.
## **13. EMPLOYEE BENEFIT OBLIGATIONS**
The charity operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the charity to the scheme and amounted to £3,717 (2023: £2,970).
There were outstanding contributions at the year end of £533 (2023 £1,204).
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024 or 31 March 2023 apart from that disclosed in note 7.
## **15. MEMBERS LIABILITY**
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
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