Charity Registration No. 1067673 (England and Wales)
Charity Registration No. SC039866 (Scotland)
Company Registration No. 03469653 (England and Wales)
ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER 2023

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
A Brooks- Chairman
M Evason
K Kanodia
A Orsi
G Pedlingham
O Purcell
N Rumsey
D Silverstone
S Woodhams
IBM UK Ltd
The Information Technologists. Company
Patron
Martha Lane Fox. Baroness Lane-Fox of Soho CBE
President
David Livermore OBE
Vice President
Roger Jefcoate CBE DL
Chief Executive
Gary Moore
Secretary
Fiona Watson
Charity number
England and Wales
Scotland
1067673
SC039866
Company number
03469653
Principal address
Microsoft Campus
Thames Valley Park
Reading
RG6 1WG
Registered office
Acre House
11-15 William Road
London
NW13ER
United Kingdom

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Auditor
HW Fisher LLP
Acre House
11-15 William Road
London
NW13ER
United Kingdom
Bankers
Coutts & Co
440 The Strand
London
WC2R CK)S
CCLA Investment Management Limited
Senator House
85 Queen Victoria Street
London
EC4V 4ET
Nationwide Building s￿IetY
Kings Park Road
MOU￿On Park
Northampton
NN3 6NW

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Trustees. report
Statement of trUSt￿s. responsibilities
11
Independent auditorfs report
12-16
Statement of financial activities
17-18
Balance sheet
19
Statement of cash flows
20
Notes to the financial statements
21-36

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their report and financial statements for the year ended 31
December 2023. The Trustees report includes the directors, report required under
company law.
The financial statements have been prepared in accordan￿ with the accounting
policies set out in note 1 to the financial statements and comply with the charity's
Memorandum and Articles of Association. appli(xble law and United Kingdom
Accounting Standards including Statement of Recommended Practice (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)
Reference and administrative inforniation
The charity is a company limited by guarantee registered in England and Wales under
the number 03469653 at Companies House.
The charity is also registered with the Charity Commission in England and Wales
under number 1067673 and with the Office of the Scottish Charity Regulator under
number SC039866.
Trustees
The Trustees, who are also directors for the purpose of company law, who served
during the year and up to the date of signature of the financial statements, were:
A Brooks- Chairman
M Evason
K Kanodia
A Orsi
G Pedlingham
O Purcell
N Rumsey
D Silverstone
S Woodhams
IBM UK Ltd
The Information Technologists. Company
None of the Trustees has any beneficial interest in the company. All the Trustees are
members of the company and guarantee to contribute £1 in the event of a winding up.
Chief ExeGUtive who served during the year- G Moore

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
Related parties
There were no related party transacb.ons in year.
structure
overnance and mana
Governin
Document
The organisation is a charitable company limit￿ by guarantee. incorporated in the
UK, and registered as a charity in England and Wales as well as in Scouand. The
compa ny was establish￿ under a Memorandum of Associab"on. which created the
objects and powers of the charitable company and is governed by its Articles of
Association.
ement
Trustee recruibnen
ointmen
trainin
arKJ irKJucb"on
AbilityNet currently has ten Trust￿S. WFK) are also dIrect(￿S under company law, there
are two Corporate Ttustees being IBM (UK) Ltd and The Informab"on Technologists,
Company which each appoint a representab.ve to Board.
other Trustees are selected for a range of skn.lls to supp(rt the existing or emerg ing
needs ofAbilityNet. When a vacancy occurs. potenb.al candidates are interviewed by
a panel of Trustees.
Suitable individuals are briefed by the Chairman and Chief Executive before being
proposed for appointment to the Board of Trustees. New Tnjstees receive a full
briefing, including an induction pack Contain1r￿ the Memorandum and Articles, a copy
of relevant policies with a glo&sary of terms and copies of minutes of previous
meetings.
Mana
ement
Key management persA)nrEI comprise TrUst￿S and senior management team.
The Chief Executive Offi￿[ is restx)nsible for the chariws overall day to day
management repoih.ng to the Board. Key strategic decisions are taken to the Board
for approval and where apwopriate a sub-commttee is formed to consider anything
that requires additional input or that ne￿S resolub"on.
The Board of Trustees (Directors) is responsible for the overall strategic d irection a nd
sound financial p1acb￿S within the charity. The Trustees hold Board meetings on a
quarterly basts, they also re￿1ve a MontNy Busine&s Update trom the Chief Executive
which includes management acc(xJnts. a retx)rt on progress to date and any notable
events in the comiw ￿[1(X1.
The Chairman, as the representative of Board. also maintains regular contact with
the Chief Executtve and. wFEre rE￿Ssary. secures agreement trom the Board for
urgent action, unle&s already empower￿ by the Board to make the necessary
decision_
Senior Managers are invited to Board Mee￿.[￿S to provide briefings on different
aspects of the charity's work. The Ttustees provide advi￿ and support to senior

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
managers whenever apwopriate. so that tFEir experb.se arKJ insights can be used to
benefit the charity
The senior management team WFK) served during the year were"
G Moore (Chief Executive Officer)
M Comerford ( Human ReS(xjr￿s)
P Dalton (Sales)
D Henke-Reed (AC￿&s1b11lty)
A Low (Service Delivery)
J Muscroft- Retired 5 July 2023 (Finance)
F Watson - Appointed 23 May 2023 (Finance)
M Wal ker (Markebng & Portfdio)
Audit & Rem uneration Committees
AbilityNeYs governance structure indudes an Audit committ￿ which considers the
financial conduct of the O[gan￿a￿"0n arKJ related risks. The Committee meets at least
twice a year, one of which is with External Auditors to review and recommend
approval of the Annual report arKJ Iinancial statements.
In addition, current tAans and actions are dis(xJ&sed and considered, including
emerging and existing fina[￿la1. economic. and operational risks to the charity and the
evaluation of their impact arKJ likdiho(xJ. The Committ￿ decides if and how to include
these on the charity's Risk Register. Acb"ons are agreed where necessary and
progress monitored on a regular basis.
During 2023 the AbilItyNetAuditCommitt￿ was Chair￿ by O Pur￿11. The Committee
comprises four experien￿d TruSt￿S as members arKJ is attended by AbilityNeYs
Finance Director and Chief Exe(xJtive. It reports to Board of Trustees at the next
available Boaid M￿ting.
The Remu nerab.on Committee considers aS[￿ctS of AbilityNefs remuneration pol icy
and the reward package of the Chief Exe(xJbve. committee also agrees the
general pay strategy for charity to be follow￿ by senior management. This
committee is made up of f(xJr ex[￿rienC￿ Ttustees and during 2023 was chaired by
N Rumsey and met on￿. It reports to the Board of Trustees at the next available
Board meeting
Diversi
uali
AbilityNeYs desire and determinab.on is to provide an indusive environment to
encourage equal opportunib.es for its employees. We aim to deal with internal and
external stakeholders and members of the public tr￿ from bias in an open and
accessible way
To further this aim. AblityNet wovides training to its em￿oYeeS (mandatory) and
Trustees on Diversity and Equality to add to the (xjltural awarene￿ and understanding
of this subject throughout organisatK)n.

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
The Board of Ttustees agree context and strategic dI[￿￿"0n in this area, approving
policies which underpin this a￿0￿$ the charity. These are designed to inform and
educate employees in our d)ligab"ons under relevant legislabon (e.g Equal ity Act
2010) and to encourage an open and indusive (xjlture througFK)Ut the charity
Safe
uardin
AbilityNet is Committ￿ to enabl1r￿ a safe and rewarding environment for its
em ployees and volunteers. (Xjr Safeguarding tx)licy is desigrEd to ensure everyone
is treated fa irly and resp￿tru11Y. We also have a Whistle-blowing policy so that people
ca n raise a ny con￿rnS they have in confiden￿.
A number of our em[A0y￿S and VolUnt￿[S catry (xjt rdes that may mean they
encounter people who are considered to be vulnerable. We catry out regular criminal
record checks foi ttK)se employees and VolUnt￿[S engaged in such roles.
We review the informab.on in our safeguardIr￿ tx)licy every Iwo years to ensure it is
current and in line with best prac￿.￿. The aim is to wovide our staff and volunteers
with the most up-to date knowledge and understanding. using guidance from the
Government and Charity Commi&sion. adapti[￿ our approach accordingly
How our ob"ectives deliver
ublic benefit.
We have referred to the Charity Commission's general guidance on public benefit
when reviewing our aims and ￿)]￿￿VeS and in planning our future activities.
The Trustees have t￿)ught carefully about how tAanned acbvib.es will contribute to the
aims and objecttves they have set.
AbilityNeYs work benelits a wide range of (￿ganiSatIOns. I[￿luding the voluntary sector,
public and commercial ￿ganiSatIOns. and individuals across the United Kingdom and
elsewhere.
Our main obiectsves and acbvib.es arKJ WFK) we try to help are des(￿ibed in more detail
below.
Objectives and acttvities
AbilityNeYs purpose Is to enable a world of digital I[￿lUsion by supporbng disabled and
older people to achieve everything tFEy can at w(￿￿ in education ￿ at home.
Our ambition is to itnprove lives by recommending and demonstrating suitable
technology to act as an enabler for th￿e WFK) ne￿ help.
Ab il ityNet is krK>wn f(￿ the extent of its Servi￿S. deep expertise and insights, and for
supporting a wide range of individual n￿ds. Our staff and volunteers are experts who
care, although our prI[￿1paI fo(xJs is the UK. (xjr Influen￿ is gld)al.
As more services move onlirE. the tx)tenb"al f(￿ social arKJ ecommic disadvantage
increases for those stnjgg11r￿ to access or use technOl￿y. We remain the only UK

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
charity reaching (xjt to help this parkdisability group with (xjr strong motivation to
ensure the technolffjy they use. or wish to use. is ac￿ssible. usable, and inclusive.
How do we help?
We approach this In four ways"
we help people with disabilib"es. older t￿0￿￿e and others to use technology in
their homes, educab.onal establishments. workpla￿.
we help companies and organisab.ons adapt their digital ServI￿S and content,
so it is accessible and inclusive for everyone to use (mainly through our ' pa id-
for" services).
we provide SUPEX)rt to our VolUnt￿[S so can help disabled and older
people derive kne m￿t benelit from techrK)logy they use or to which they
have access"
we promote the availability and uptake of indusive and accessible technology
The main areas we aim to Influen￿ are"
encouraging adopb.on of best prac￿"￿ in the design of accessible websites,
mobile apps, systems. and content industry sectors by following and
promoong starKJards of Web Content AC￿ssibilIty Guidelines {'WCAG"),
engaging with major t￿hn￿￿Y companies to encourage them consistently to
adva nce inclusion strategies in all their techndogies and systems,
enabling disabled and dder p￿pIe to make effecbve use of digital technologies
at home, in woik and ￿UCatK)n.
stimulabng organisations to provide a leaming and enlightened environment for
their IT and web design profe&sK)nals to womote digital indusion in all of their
system development"
encouraging employers to adopt reasonable adjustments in their workplace
environments In which thei disabled employees can maximise their potential.
Achievements and rfomiance
Free Services
During 2023 we created impact thr(xJgh providing" tr￿ advice and information,
accessibility advi￿, deEkvering a&sessments. training and webinars, home support
visits, remote technical supp(rt and with our events arKJ webinar programmes
reaching many people US1r￿ orline plattorms. By Work1r￿ with partners, we were able
to leverage our capabilib.es to deliver greatest impacL
Advice and Infomiation
We provided telephone support VH (xjr help line arKJ informab.on through our website
which gives access to tree factSh￿ts. arb.cles and bI￿s.
Our su pport Servi￿ resolved 4.905 calls during 2023 versus 4.457 in the prior year.

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
Abili
Net VOlunt￿r
ro
ramme "IT Can hel
The "ITCanHel p piogramme direcuy helps disabled and older t￿ople by providing IT
support in theii homes or remotely. The service ra[￿eS from advice on installing
equipment to diagnosing arKJ fixing problems and providi￿ training In 2023 we
provided support on 3.533 (￿casIOnS to disabled and older t￿0￿e with their IT needs.
Demand for our volunteers grew. sUpportir￿ their communitEs directly as well as
working with community partrErs to supp(rt distribub.on of free devices to those in
need. Our 476 volunteers (at end of ￿)23) generated an In￿eaSe of over 30°/0 in
the hours spent with (xjr clients and community partrErs compared to 2022, either
face to fa￿ or remotely.
We successfully del1ver￿ another year of our events pr￿[aMMe covering a number
of free webinars arKI training sessions on digital acce&sibility and disability-related
topics.
Online services
We had 1 .7m unique VISIt(￿S to (xjr onlirE properb.es in 2023. (Xjr tr￿ factsheets were
downloaded 104,155 b"mes. which provide advi￿ and information about how
computers and other digital technologies can help p￿pIe with a range of conditions
and impairFnents to achieve their goals.
We recorded 1 .4m page views of MyComputerMyWay - our comprehensive, easy-to-
use guide to the a￿&$[bility opb.ons available for tree on computers, tablets and
mobiles.
Techshare Pro
We hosted another vw succe&sfiJl year of our T￿hshare Pro conference, bringing
back a substantial in-person comporEnt to the experien￿. Techshare Pro attracts
contributors and attendees trom around the world. addressing many topics at the
intersection of disability and technOl￿y.
The 7 AbilityNet Techshare Pro confere[￿e was a FwbrKJ (online and in-person)
event held over 3 days from 13th to 15th November 2023. TIE principal venue was
HSBC'S Canada Squaie FEadquarters in Canary Wharf.
In 2023, 78 speakers Joined us in 40 different se&sions indud1￿ business leaders,
marketers, accessibility leaders. disabl ity charities. influencers. UK and Europea n
Governments, and more. The event Includ￿ contribub.ons from companies such as
HSBC, Microsof¢ Google. Sony. HSBC. Intui( Crawford Technologies, Apple,
Channel 4, WPP, Purple Goat. P&G. EY. Hargreaves Lansdown, Grant Thornton, BP
and KPMG, and trom Ottr￿[ leading sector organisations such as Purple Space, BDF,
Valuable 500, RNIB and many otFErs.
Delegates and supporters rep(rt that they find the content in this conference very
valuable, offering a high-profile plattorm to engage (xjrrent and potential stakeholders
in the topic of digital a￿&￿ibIlity and related topi(s in the disability field.

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
Public Benefit
Our esbmate of public benefit value of all of our free serVi￿S ddivered in 2023
under our measure is £1.864k versus £1.598k in 2022 (16.￿/0 up year on year)
Our impact report for 2023 can be found using this link to our website". Abili
act Re
ort 2023
Net
Net
Accessibili
Services
Organisations from across public. private and third S￿t0[S sA)ught our advice and
recommendations to enable them to deliver their online content In ac￿Ssible and
inclusive ways to widest tx)ssible audien￿.
We provided a range of advi￿ and consultancy services covering strategy, audit, user
test and accreditation. not only for tradib.onal web serVi￿S but also for tablet and
mobile apps, iestKsfKling to market demarKJs from both dients and end users.
Economic uncertainty in UK duri[￿ 2023 depressed demand for these services,
with many companies reduC1r￿ budgets arKJ postponiru prqects. This significantly
impacted our income and caused us to adjust our reS(xjr￿s, leading to some
redundancies during the year. Nevertheless. AC￿ssibilIty contimes to rise up the
social and business agerKJas of many companies. inlluencing their approach and
budgeting for digital Servi￿S. TFEY observe the impact thr(xAgh the legislation
affecting Public Sectoi enb.ties in this regard" they also see otherjurisdictions such as
the US and Canada indud1r￿ the private sector within the scope of their Accessibility
legislation, as the Eu[0[￿an Commi&sion is also in pr(￿e&S otenacting
The work we urKlertake with companies to opb.mise the accessibility of their websites
and apps continues indiectly to FElp improve digital experience of substantial
numbers of users. It is difficult to quantify the impact this has arKJ so we do not
estimate it here.
Assessment SeNices
During 2023, whilst sbll engag￿ in the DSA programme. we delivered 338
assessments to students under scheme. mainly remotdy but also induding some
face-to-face assessments.
The Disabled Studenys Ajlowance (DSA) scheme was put (xjt to public tender by the
student Loans Company in late ￿)22. with the result an[K)un￿d in 2023. Despite our
innovative response to the tender. we were unsuccessfijl. We wound up our DSA
programme duritu 2023. including Maki[￿ some staff r￿UrKjant, which had a
significant impact on our income.
Separately, we also provided remote W(￿kplaCe assessments for those with a
disabil ity or impairment to get into w(￿k or stay in work This Se￿1￿ hel ps employers,
and their disabled staff identify end-to-erKJ sdub.ons for any reasonable adiustments
to their working environment as well as recommerKJab"ons in the use of equipment and
helpfrjl training

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
We hdped 2,867 employees in vari(xJs organisab.ons with advice and
recommendations to a&sist with their contirxjed emtAoyment in 2023.
Plans for the future
Our funding continues to be dominated by (xjr chargeable setvices in the areas of
Accessibility and Wo[k[￿ace arKJ we bdieve this will continue in 2024. We will
continue to deliver to oui exist1r￿ arKJ rEw clients a range of se￿￿eS for helping them
achieve on-l ine com ￿lan￿ and improv1r￿ the accessibility of ttrEirweb, mobile, tablet
and application Servi￿S.
We also intend to conb"rKJe growing our acbvities with fiJrKJed projects with sockgl goal s
consistent with our charitable d)Jectives. whether privately or publidy funded.
As technology evdves. so does best Wact￿e in the fidd of ac￿Ssibl11tY arKI we will
continue to invest in re(￿UItMent and development of skilled expertise and in
systems a nd wocesses to help our consultants effecbvely supw)rt clients.
Review of financial
ition
The Summary of the year erKJed 31 De￿mber 2023 is as follows"
I ncoming Resources am(xJnted to £4.554.827 (2022 £5.727,697)
Outgoing Resouices am(xJnted to £5.225.253 (2022 £5. 582,739)
A loss recorded of £670.426 (2022 surtAus recorded of £144,958) after
depreciation costs.
At the Balan￿ Sheet date Charity's total funds amount￿ to £1,633,662 (2022.
£2, 304,088) Fr￿ Reserves amounted to £1 .564.339 (2022. £2.209,902)
Fundraisin
Com
liance
AbilityNet recognises that the gerErosity of our donors and partrErs is a critical
constituent of our fundi[￿ which enables us to carry out our chantable activities. We
will continue to seek a diverse range of sources of I[￿oMe for our charitable activities.
Whilst our aim is to maximise (xjr income. we [￿￿nISe that on very rare occasions
we may consider iefusing a donab.on or other invdvement with a sponsor or a
particular actThiity. In such an Instan￿ we will actwith utmost integrity", we will respect
any matters of legitimate confidenb"ality and. in conducb.ng all discussions and
conveying the decision. will aim to respect the dignity of the prostEctwe dorK)r a ndlor
partner.
We had no occasions in ￿)23 to refijse any donab"ons.
We seek to adhere to the highest standards of fijndra1slr￿ practi￿. Our fijndraising
activities comply with standards in the C(xJe of Fundrais1r￿ PraCb"￿.

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
We have received no complaints about our fijndraising this year. We also pay close
attention to the changing regulatory environment to ensure that we remain compliant
with best pracbce and that any fiJrKJraising is transparen( hones( arKI non-intrusive.
We did not employ professional fijndra1slr￿ agencies. with the majority of fundraising
activibes planned and delwered in-house.
ReseNes
olic
The charity's ambitK)n in medium to longer term is to provKJe six months, cover of
the charity's day to day average running C￿ts.
Our free reserves (being unrestrict￿ Reserves excludiru FIX￿ Assets) as at 31
December 2023 stood at £1.564.339 versus £2.￿)9.902 prior year, providing 4.2
months, cover of an average of our last 3 month's operating costs. versus 5.2 months
from the year bef(Ke.
The Board remains Committ￿ to strengthening our reserves and working towards
attaining the obiecttve set in the policy.
Risk factors
The Trustees and Management k￿p the [￿kS to which the charity is exposed under
review a nd have establ ished monitoring w(￿esseS to urKJerstarKJ a nd mitigate those
risks. Strategic and shorter-term plans are reviewed on a regular basis.
The Trustees have identified thata key risk ￿ the COn￿ntra￿.On of commercial income,
that is contract backed. from a small number of sou[￿s. Working with the
Management team we contirxje to make wogre&s to diversrfy the customer base and
grow alternative soul￿S of income thr(xJgh developir￿ arKI ddivenng new services
into the accessibility arena_
Risk Management is an integral part of the management process and is underpinned
by timely reporting arKJ regular Senior Leadership meetings. Mibgation of risk is
actively monitored with regular rep(rting at Board arKJ FIna[￿e Committee meetings.
Goin
Concern
The Trustees are satislied that restructur1r￿ arKJ c￿t mib"gab"on actions enacted
since the Charity learrEd it was Unsuc￿&s[Ul in its collaborative bid to win the DSA
tender and changing matket condib"ons. have significantly reduced costs. This is kept
under regular review with Senior ManagemenL Addib"onally. the Trustees are satisfied
that the Charity's efforts to expand acbvities in its chargeable services, given the
anticipated impact of further (xjltural and regulatory changes for corporate customers
in the coming years. will in medium term. pla￿ the Charity on a firm financial
footing
Accord ingly, at the b.tne of apwoving fina[￿la1 statements. the Trustees are content
that the compa ny has adequate resources. to continue in operation for the foreseeable

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEE'S REPORT
FOR THEYEAR ENDED 31 DECEMBER 2023
future. Thus, the Tiustees conb.rxje to adopt the g01r￿ cOn￿M basis of accounbng in
preparing the financial statements.
Disclosure of infonnation to the auditor
Each of the Trustees ( Directors) has conlirmed that tFEre is rK) information of which
they are aware which is rdevantto the audi( but of which the auditor is unaware. They
have further confirmed that they have taken appropriate steps to idenbfy such rel evant
information and to establish that the auditors are aware of such infonnation.
Auditor
The Board Finance Committee has responsbility for monitoring the independence and
objectivity of the extetnal audttor and the effecbvene&s of the Audit process and fixing
its renumeration. audit(￿. HW FisFEr LLP. is deem￿ to be reappointed under
section 487(2} of Companies Act 2(X)6. Notwithstand1r￿ this in line with FRC
gu ida nce and good govemance the committee has resolved to undertake a review of
the current arrangements.
On behalf of the board of Ttustees
Owen Purcell
Trustee
24 Apr2024
Date.
10-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees, who are also the directors of AbilityNet for the purpose of company law, are
responsible for preparing the Trustees. Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company Law requires the Board to prepare financial statements for each financial year
which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources. including the income and expenditure, of the
charitable company for that year.
In preparing these financial statements. the Board are required to:
select suitable accounting policies and then apply them consistently:
- observe the methods and principles in the Charities SORP:
make judgements and estimates that are reasonable and prudent: and
prepare the financial statements on the going con￿rn basis unless it Is inappropriate to
presume that the charity will continue in operation.
The Board are responsible for keeping adequate accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to
ensure that the financial statements comply with the Companies Act 2006, the Charities
and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland)
Regulations 2006 (as amended). They are also responsible for safeguarding the assets of
the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
11

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS AND TRUSTEES OF ABILITYNET
Opinion
We have audited the financial statements of AbilityNet (the 'charity ) for the year ended 31
December 2023 which comprise the statement of financial activffties, the balance sheet, the
statement of cash flows and the notes to the financial statements, including significant
accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including FRS
102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (U n ited
Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31
December 2023 and of its incoming resources and application of resources, including
its income and expenditure. for the year then ended:
have been property prepared in accordance with United Kingdom Generally Accepted
Accounting Practice" and
have been prepared In accordan￿ with the requirements of the Companies Act 2006,
the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the
Charities Accounts (Scotland) Regulations 2CK)6 (as amended).
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Auditing (UK) (ISAS
(UK)) and applicable law. Our responsibilities under those standards are further described
i n the A uditor's responsibilities for the audit of the finanual statements section of ou r report.
We are independent of the charity in accordan￿ with the ethical requirements that are
relevant to our audit of the financial statements in the UK. including the FRC'S Ethical
Standard, and we have fulfilled our other ethi(xl responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements. we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties
relating to events or conditions that. individually or collectively. may cast significant doubt on
the charity's ability to continue as a going con￿rn for a peri￿￿ of at least twelve months
from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
12-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS AND TRUSTEES OF ABILITYNET
Other information
The other information comprises the information included in the annual report other than the
financial statements and our auditorfs report thereon. The Board are responsible for the
other information contained within the annual report. Our opinion on the financial
statements does not cover the other information and. eX￿pt to the extent otherwise
explicitly stated in our report. we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and. in doing so. consider whether the
other information is materially inconsistent with the financial statements or our knowledge
obtained in the course of the audit. or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we are required
to determine whether this gives rise to a material misstatement in the financial statements
themselves. If, based on the work we have performed. we conclude that there is a material
misstatement of this other information. we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the trustees. report. which includes the directors, report
prepared for the purposes of company law. for the financial year for which the financial
statements are prepared is consistent with the financial statements; and
the directors, report included within the trUSt￿s. report has been prepared in
accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained
in the course of the audtt. we have not identified material misstatements in the directors,
report included within the trustees. report.
We have nothing to report in respect of the following matters in relation to which the
Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as
amended) require us to reportto you if. in our opinion:
adequate and proper accounting records have not been kept, or returns adequate for
our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns;
or
certain disclosures of trustees. remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the Board were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies, exemptions in
preparing the trustees. report and from the requirement to prepare a strategic report.
13-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS AND TRUSTEES OF ABILITYNET
Responsibilities of trustees
As explained more fully in the statement of trustees. restx)nsibilities, the trustees, who are
also the directors of the charity for the purpose of company law, are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair
view, and for such internal control as the trustees determine Is necessary to enable the
preparation of financial statements that are free from material misstatement, whether due to
fraud or error. In preparing the financial statements. the trustees are responsible for
assessing the charity's ability to continue as a going COn￿rn. disclosing, as applicable,
matters related to going con￿rn and using the going con￿rn basis of accounting unless
the trustees either intend to liquidate the charitable company or to cease operations, or
have no realistic alternative bul to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee
Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in
accordance with the Acts and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance atx)ut whether the financial statements
as a whole are free from material misstatement. whether due to fraud or error, and to issue
an auditorfs report that includes our opinion. Reasonable assurance is a high level of
assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will
always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material rf. individually or in the aggregate, they could reasonably
be expected to influence the economic decisions of users taken on the basis of these
financial statements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations.
We design procedures in line with our responsibilities. outlined above, to detect material
misstatements in respect of irregularities. including fraud. The extent to which our
procedures are capable of detecting irregularities. including fraud. is detailed below.
14-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS AND TRUSTEES OF ABILITYNET
As part of our planning process"
We enquired of management the systems and controls the charity has in place, the
areas of the financial statements that are most susceptible to the risk of irregularities
and fraud, and whether there was any known. suspected or alleged fraud. The charity
did not inform us of any known. suspected or alleged fraud.
We obtained an understanding of the legal and regulatory frameworks applicable to the
company. We determined that the following were most relevant" the Charity SORP, FRS
102, Charities Act 2011. Companies Act 2CK)6. the Charib'es and Trustees (Scotland) Act
2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
We considered the incentives and opportunities that exist in the charity, including the
extent of management bias. which present a potential for Irregularities and fraud to be
perpetuated, and tailored our risk assessment accordingly.
Using our knowledge of the charity. together with the discussions held with the charity at
the planning stage, we formed a conclusion on the risk of misstatement due to
irregularities including fraud and tailored our Pro￿dureS according to this risk
assessment.
The key procedures we undert￿k to detect irregularities including fraud during the course
of the audit included:
Identifying and tesb'ng journal entries and the overall accounting records, in particular
those that were significant and unusual.
Reviewing the financial statement disclosures and determining whether accounting
policies have been appropriately applied.
Testing key revenue lines. in particular cut-off. for evidence of management bias.
Performing a physical verification of key assets items.
Assessing the extent of compliance. or lack of. with the relevant laws and regulations.
Assessing the validity of the classiFI(xtion of income. expenditure, assets and liabilities
between u n restricted and restricted funds.
Obtaining third-party confirmation of material bank balances.
Documenting and verifying all signiFI(xnt related party balan￿S and transactions.
Reviewing documentation such as the charity board minutes for discussions of
irregularities including fraud.
Owing to the inherent limrtations of an audit. there is an unavoidable risk that we may not
have detected some material misstatements in the financial statements even though we
have properly planned and performed our audit in accordance with auditing standards. The
primary responsibility for the prevention and detection of irregularities and fraud rests with
the trustees of the charity.
A further description of our responsibilities is available on the Financial Reporting Council's
website at: https:Ilwww.frc.org.uklauditorsresponsibilities. This description forms part of our
auditorfs report.
15-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS AND TRUSTEES OF ABILITYNET
Use of our report
This report is made solely to the charitable CoMpan￿S members, as a body, in accordance
with Chapter 3 of Part 16 of the Companies Act 2006 and to the regulation 10 of the
Charities Accounts (Scodand) Regulations 2006. Our audit work has been undertaken so
that we might state to the charitable CoMpan￿S members and trustees those matters we
are required to state to them in an auditorfs report and for no other purpose. To the fullest
extent permitted by law, we do not aC￿pt or assume restx)nsibilrty to anyone other than the
charitable company, the charitable company's members as a body, and the charitable
company s trustees as a body. for our audit work. for this report. or for the opinions we have
formed.
Carol Rudge (Senior Statutory Auditor)
for and on behalf of HW Fisher LLP
Chartered Accountants
Statutory Auditor
Acre House
11-15 William Road
London
NW13ER
United Kingdom
24 Apr 2024
16-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Current financial year
Unrestiicted Restricted
funds
funds
2023
2023
Tota
Total
2023
2022
Notes
Income from:
Voluntary income
Charitable activities
Investments
299.509
4 4.124.882
66.852
63.584 363,093 308,637
4,124,882 5,407,792
66,852
11,268
Total income
4.491.243
63.584 4,554,827 5,727,697
Charitable activities
IT solutions for disabled people
5.156.433
68.820 5,225,253 5,582,739
Total charitable expenditure
5.156.433
68,820 5,225,253 5,582,739
Net {expenditure)Iincome for the yearl
Net movement in funds
(665.190) (5.236) (670,426) 144,958
Fund balances at 1 January 2023
2.295.836
8.252 2,304,088 2,159,130
Fund balances at 31 December 2023
1.630.646
3.016 1 ,633,662 2,304,088
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendrture derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and
expenditure account under the Companies Act 2006.
17-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Prior financial year
Unrestiicted Restricted
funds
funds
2022
2022
Total
2022
Notes
Income from:
Voluntary income
Charitable activities
Investments
247.010
5.407.792
11.268
61,627 308,637
5,407,792
11,268
Total income
5.666.070
61,627 5,727,697
Charitable activities
IT solutions for disabled people
5.525.498
57,241 5,582,739
Total charitable expenditure
5.525.498
57,241 5,582,739
Net income for the yearl
Net movement in funds
140.572
4,386 144,958
Fund balances at 1 January 2022
2.155.264
3,866 2,159,130
Fund balances at 31 December 2022
2.295.836
8,252 2,304,088
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendrture derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and
expenditure account under the Companies Act 2006.
18-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
11
66.307
85,934
Current assets
Debtors
Cash at bank and in hand
12
388.637
2.798.291
687,666
2.893,041
3.186.928
3.580,707
Creditors: amounts falling due
within one year
13
(1.619.573)
(1.362,553)
Net current assets
1.567.355
2,218,154
Total assets less current liabilities
1.633.662
2,304,088
Income funds
Restricted funds
Unrestricted funds
16
3.016
1.630.646
8,252
2,295,836
1.633.662
2,304,088
24 Apr 2024
The financial statements were approved by the Board on .
Owen Purcell
Trustee
Company Registration No. 03469653
19-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows f rom operating activities
Cash (absorbed by)Igenerated
from operations
(127.544)
264,971
Investing activities
Purchase of tangible fixed assets
Proceeds on disposal of tangible
fixed assets
Investment income received
(29.452)
(100,961)
547
66.852
11,268
Net cash generated froml{used
in) investing activities
37.947
(89,693)
Financing activities
Payment of obligations under
finance leases
(5.153)
(22,736)
Net cash used in financing
activities
(5.153)
(22,736)
Net {decrease)lincrease in cash and
cash equivalents
(94.750)
152,542
Cash and cash equtvalents at beginning
of year
2.893.041
2,740,499
Cash and cash equivalents at end of
year
2.798.291
2,893,041
-20-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
Charity information
AbilityNet is a private company limited by guarantee incorporated In England and
Wales. The principal address is Microsoft Campus. Thames Valley Park, Reading,
RG6 1WG, United Kingdom.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ with the charity's
Memorandum and Arttcles of Association. the Companies Act 2006, the Charities and
Trustee Investment (Scotland) Act 2005. the Charities Accounts (Scotland) Regulations
2006 (as amended) and "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard appli(xble in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined
by FRS 102.
The financial statements are prepared in sterling. which is the functional currency of
the charity. Monetary amounts in these financial statements are rounded to the nearest
GB pound sterling.
Assets and liabilities are initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting tx)licy.
1.2 Going concern
The Trustees are satisfied that the restructuring and cost mitigation actions enacted
since the Charity learned it was unsuc￿Ssful in its collaborative bid to win the DSA
tender and changing market conditions. have signiFI(xntly reduced costs. This is kept
under regular review with Senior Management. Additionally. the Trustees are satisfied
that the Charity's efforts to expand activities in its chargeable services, given the
anticipated impact of further cultural and regulatory changes for corporate customers
in the coming years. will in the medium term. place the Charity on a firm financial
footing.
Accordingly, at the time of approving the financial statements. the Trustees are content
that the company has adequate reSoUr￿s. to continue in operation for the foreseeable
future. Thus, the Trustees continue to adopt the going con￿rn basis of accounting in
preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available to spend on activities that further any of the purposes
of the Charity.
-21

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
Restricted funds are donations which the donor has specified are to be solely used for
particular areas of the Charity's work or for specific projects being undertaken by the
Charity.
1.4 Incoming resources
All incoming resources are included in the statement of financial activities when the
Charity is entitled to the income and the amount can be quantified with reasonable
accuracy. The following specific tx)licies are applied to particular categories of income:
Voluntary resources are included in the statement of financial activities when the
Charity is entitled to the income and the amount can be quantified with reasonable
accuracy.
The value of ServI￿S provided by volunteers has not been included in these financial
statements.
Intangible income (such as rent-fr￿ accommodation) is included where a third party is
bearing the cost of supplying the resources and the resources can be valued with
reasonable accuracy.
Investment income is included when re￿1Vable.
Incoming resources from charitable trading activities are accounted for when earned.
Interest on funds held on deposit is included when receivable and the amount can be
measured reliably by the Charity: this is normally upon notification of the interest paid
or payable by the Bank.
1.5 Resources expended
Expenditure is recognised On￿ there is a legal or constructive obligation to make a
payment to a third party. it is probable that settlement will be required and the amount
of the obligation can be measured reliably.
Expenditure on charitable activities includes the costs of the delivery of its activities
and services for its beneficiaries.
All support costs are allocated to the one charitable activity of IT solutions for disabled
people.
-22-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at
rates calculated to write off the cost less estimated residual value of each asset over
its expected useful life. as below.
A full yearfs charge is not accounted for in the year of acquisition. Instead, the
depreciation charge is time apportioned based on the month of purchase of the
tangible fixed asset.
Assessment assets
On a straight line basis over their estimated life of
1-3 years.
On a straight line basis over their estimated life of
1-3 years
Office equipment
The gain or loss arFsing on the disposal of an asset is determined as the difference
between the sale pro￿edS and the (xrrying value of the asset. and is recognised in
net incomel(expenditure) for the year.
1.7 Cash and cash equivalents
Cash at bank and cash in hand includes (xsh and short term highly liquid investments
with a short maturity of three months or less from the date of acquisition or opening of
the deposit or similar account.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial
Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of
its financial instruments.
The Charity only has financial assets and financial liabilities of a kind that qualify as
basic financial instruments. These financial instruments are initially recognised at
transaction value and subsequently measured at their settlement value.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the
employee's services are received.
Termination benefits are recognised immediately as an expense when the charity is
demonstrably committed to terminate the employment of an employee or to provide
termination benefits.
-23-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
1.10Leases
Leases are classified as finan￿ leases whenever the terms of the lease transfer
substantially all the risks and rewards of ownership to the lessees. All other leases are
classified as operating leases.
Assets held under finan￿ leases are recognised as assets at the lower of the fair
value of the assets at the date of In￿PtIon and the present value of the minimum lease
payments. The related liability is included in the balance sheet as a finance lease
obligation. Lease payments are treated as consisting of capital and interest elements.
The interest is charged to net incomel(expenditure) for the year so as to produce a
constant periodic rate of interest on the remaining balance of the liability.
1.11 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered and provision for bad and doubfful debts.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.12Creditors and provisions
Creditors and provisions are r￿ognISed 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 and provisions are normally recognised at their settlement amount
after allowing for any trade discounts due.
1.13Foreign exchange
Transactions denominated in foreign currencies are recorded at the rate ruling at the
date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated into
sterling at the rates of exchange ruling at the balan￿ sheet date. All differences are
included in net incoming resources.
-24-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Critical accounting estimates and judgements
In the application of the charitys accounting policies. the Board are required to make
judgements, estimates and assumptions about the (xrrying amount of assets and
liabilities that are not readily apparent from other sources. The estimates and
associated assumptions are based on historical experien￿ and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.
Revisions to accounting estimates are recognised in the period in which the estimate is
revised where the revision affects only that period. or in the period of the revision and
future periods where the revision affects both current and future periods.
There were no critical accounting estimates.
Voluntary income
Unrestiicted Restiicted
funds
funds
Tota Unresthcted Restricted
nds
funds
Total
20Z3
2023
20Z3
2022
2022
2022
Donations and gifts
Intangible income
32.564
266.945
63.584
96.148
50,589
266.945 196.421
61,627 112,216
196,421
299.509
63.584 363.093 247.010
61,627 308,637
Intangible income comprises primarily free Offi￿ facilities. sofvare and services as
well as equipment.
Intangible income
Microsoft
Google Ads
Free software and
hardware
Techshare Pro
Venue & Catering
50.000
85.549
50.000
85.549
26,300
87.621
26,300
87,621
95.792
95.792
82.500
82,500
35.604
35.604
266.945
266.945 196.421
196,421
-25-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Charitable activities
IT solutions IT solubons
for disabled for disabled
people
people
2023
2022
Fees from services provided
Event income
3,968,656 5,275,861
156,226 131,931
4.124,882 5,407,792
Event income irTcludes Techshare Pro £156.226 (2022: £131.931).
Investments
Unrestricted Unrestricted
funds
fvnds
2023
2022
Interest receivable
66,852
11,268
-26-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Charitable activities
2023
2022
Staff and subcontractor costs
Depreciation and impairment
Equipment and direct project costs
Staff development and recruitment
Professional membership
Rent and rates
Telephone
Motor expenses
Travel and subsistence
Printing and postage
Office facilities and services
Connectivity costs
Miscellaneous expenses
Advertising and PR
Consultancy
Irrecoverable VAT
Event costs
3,459,925 3,731 ,682
27,783
27,451
140,430 147,148
11,553
35,204
4,117
4,341
176,631 237,005
4,064
5,582
31,987
20,362
27,999
19,433
6,123
2,839
73,690
52,776
65,350
62,259
12,046
11,176
132,654 161,087
74,788 108,289
2,441
4,119
128,029 113,157
4,379,610 4,743,910
Share of support costs (see note 7)
Share of governance costs (see note 7)
817,893 820,829
27,750
18,000
5,225,253 5,582,739
Analysis by fund
Unrestricted funds
Restricted funds
5,156,433 5,525,498
68,820
57,241
5,225,253 5,582,739
-27-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs
SupportGoVern￿ce
costs
2023
Support Governan
(x)sts
costs
2022
Staff and
subcontractor costs
Depreciation
Staff development
and recruitment
Insurance
Bank charges
Netsuite charges
Irrecoverable VAT
Legal and
professional fees
Connectivity costs
Other support costs
571.137
20.749
571.137 548,493
20.749
33.020
548,493
33,020
8.075
24.710
2.525
38.110
915
8.075
24.710
2.525
38.110
915
13,914
22,380
3,107
36,982
1.038
13,914
22,380
3,107
36,982
1,038
1.262
76.482
73.928
1.262
76.482
73.928
4,912
70,964
86.019
4,912
70,964
86,019
Audit and
accountancy
27.750
27.750
18,000
18,000
817.893
27.750 845.643 820.829
18,000 838,829
Analysed between
Charitable activities
817.893
27.750 845.643 820.829
18,000 838,829
The Charity identffies all costs associated with its support and governance functions
and allocates them entirely to the one charitable actrvity of IT solutions for disabled
people.
Audit and accountancy includes audit f￿S of £25.OCK) (2022: £15,500) and £2,750
(2022: £2,500) In respect of assistan￿ with the preparation of the financial statements.
In addition, fees were paid for the provision of payroll services of £5,894 (2022
£4,200).
Board
None of the Board (or any persons connected with them) re￿iVed any remuneration
during the year, and no trust￿ claimed expenses during the current or prior year.
-28-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Pension and other post-retirement benefit commitments
The Charity operates a defined contribution pension scheme. The assets of the
scheme are held separately from those of the Charity in an independently administered
fund. The pension o)st charge represents contributions payable by the charity to the
fund.
Contributions payable by the company for the year were £176,693 (2022: £160,516).
The expense has been allo(xted to unrestricted expenditure on the same basis as
wages and salaries.
10 Employees
The average monthly number of emploY￿S during the year was:
2023
Number
2022
Number
IT solutions for disabled people
Support staff
75
76
Total
83
84
Employment and subcontractor costs
2023
2022
Wages and salaries
Social security costs
Other pension costs
3,245,936 3,073,189
309,193
307,659
176,693
160,516
3,731,822 3,541,364
299,240
738,811
Subcontractor costs
4,031,062 4,280,175
-29-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Employees
(Continued)
The key management personnel of the Charity comprise the senior management
team as detailed in the trustees. annual report.
Subcontractor costs are shown separately in note 10.
The total employee benefts including pension contributions and employers National
Insurance costs of key management personnel was £647,646 (2022: £678,866). The
highest paid member of the senior management team re￿iVed benefits of £155,304
(2022: £145,456).
The number of employees whose annual remuneration was
£60,000 or more were:
2023
Number
2022
Number
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109.999
£120,000 to £129,999
£130,000 to £139,999
-30-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Tangible fixed assets
Assessment
Office
assets equipment
Total
Cost
At 1 January 2023
Additions
Disposals
Transfer between categories
191.553 201,947 393,500
29,452
29,452
(27.903) (107,334) (135,237)
(17.530) 17,530
At 31 December 2023
146.120 141,595 287,715
Depreciation and impairnient
At 1 January 2023
Depreciation charged in the year
Eliminated in respect of disposals
Transfer between categories
129,643 177,923 307,566
31.462
17,070
48,532
(31.112) (103,578) (134,690)
(14.231) 14,231
At 31 December 2023
115.762 105,646 221 ,408
Carrying amount
At 31 December 2023
30.358
35,949
66,307
At 31 December 2022
61.910 24,024
85,934
The net book value of fixed assets held under finance lease at the year end is £nil
(2022: £11,499).
12 Debtors
2023
2022
Amounts falling due within one year
Trade debtors
Other debtors
Prepayments and accrued income
178,371
38,051
172,215
325,904
49,428
312,334
388,637
687,666
31

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Creditors: amounts falling due within one year
2023
2022
Obligations under finan￿ leases
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
14
5,153
274,387
73,926
49,192
959,895
162,256
71,902
45,885
1.339,530
1,619,573 1,362,553
14 Finance lease commitments
Future minimum lease payments due under finan￿ leases:
2023
2022
Within one year
5,153
Finance lease payments represent payments made by the Charity for the acquisition
of tangible fixed assets. The term is for 36 months. Payments are made monthly with
an effective interest rate of 2.77 %
15 Deferred income
2023
2022
Balance as at 1 January 2023
Amount released to income
Amount deferred in the year
858,729 696,934
(1,103,210)(1,167,763)
1,507,711 1,329,558
Balance as at 31 De￿mber 2023
1 ,263,230 858,729
Deferred income consists of Servi￿ agreements invoiced in advance of the service
being provided. Deferred income forms part of accruals and deferred income in note 13
above.
-32-

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ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
17 Analysis of net assets betW￿n funds
Unrestricted Restiicted
funds
funds
20Z3
2023
Tota Unreskncted Restricted
fvnds
fvnds
2022
2022
Total
20Z3
2022
Fund balances at
31 December
2023 are
represented by".
Tangible assets
Current assetsl
(liabilities)
66.307
66.307
85.934
85,934
1.564.339
3.016 1.567.355 2.209.902
8,252 2,218,154
1.630.646
3.016 1.633.662 2.295.836
8,252 2,304,088
-34-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Operating lease commitments
At the reporting date the charity had outstanding commitments for future minimum
lease payments under nOn-(2n￿llab1e operating leases. which fall due as follows:
2023
2022
Within one year
Between two and ftve years
40,171
183,605
223,776
19 Related party transactions
There were no disclosable related party transactions during the year (2022 - none).
20 Cash generated from operations
2023
2022
(Deficit)Isurplus for the year
(670,426)
144,958
Adjustments for".
Investment income recognised in statement of financial
activities
Depreciation and impairment of tangible fixed assets
(66,852) (11 ,268)
48,532
60,471
Movements in working capttal:
Decreasel(increase) in debtors
Increase in creditors
299,029
262.173
(51,859)
122,669
Cash (absorbed by)Igenerated from operations
(127,544)
264,971
-35-

ABILITYNET
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
21 Analysis of changes in net funds
At1 January
2023
Cash flows At31 December
2023
Cash at bank and In hand
2.893.041
(94,750) 2,798,291
Obligations underrinan￿ leases
(5.153)
5,153
2.887.888
(89,597) 2,798,291
-36-