Charity registration number 1074788 Company registration number 3612476 (England and Wales) RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) LEGAL AND ADMINISTRATIVE INFORMATION Trustees V Roden CBWatts l Dara J Atkinson S McLeod C Newton I Samji D Merkel E Boamah A Craig P Hill C Tanswell (Resigned 30 April 2024} Charity number 1074788 Company number 3612476 Registered office Disabilrty Action & Advi￿ Centre 4 Waldegrave Road Teddington United Kingdom TW118HT Auditor David Howard 1 Park Road Hampton Wick Kingston Upon Thames lff14AS Bankers Unity Trust Bank Four Brindleypla Birmingham 812HB Cambridge and Counties Bank Chamwood Court 5B New Walk Leicester LE16TE Lloyds Bank 25 Gresham Street London EC2V 7HN The CAF Charity Deposit Platform Clareville House 26-27 Oxendon Street London SWIY 4EL RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) CONTENTS Page Trustees report Independent auditorfs report statement of finanaal activities 10- 11 Balance sheel 12 Slatement of cash flows 13 Notes to the financial slalements 14-29 RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial stalements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting polictes set out in note 01 to the financial statements and comply wtth the Charity's Memorandum & Articles, the Companies Act 2006 and "Accounling and Reporting by Charlties". Slatemenl of Recommended Practice applicable to charilies preparing Iheir accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" (effective 1 January 2019). Objectives and activities Pur oses and aims Our charity's objectives as sel out in Ihe company's Memorandum and Articles are to 'relieve disabled persons in the London Borough of Richmond and elsewhere,. Richmond Advice and Information on Disability (RAID) is a charity and exists to provide information and advice and services lo disabled persons, their families, fn"ends. carers and professionals within the London Borough of Richmond upon Thames ILBRUT) and Ihe surrounding areas, and to manage and maintain the Disability Action and Advice Centre at 4, Waldegrave Road, Teddington. Middlesex, TW118HT. Ensurin our work delivers our aims The trustees review our objectives and activilies on an annual basis, and ensure these meet the goals and priorities as Set out in the Business Plan. The CEO and managers submit report5 on projects for trustee meetings arid the business plan as a whole is reviewed annually. In carrying out thi5 review. and in planning future activities, the trustees have taken into accounl the Charity Commission's general guidance on public benefit. Our slrale oals Our Business Plan states that to achieve our vision of independence and choice for disabled people we will.. Work with disabled people to identify and remove barriers they are experiencing in accessing Services and support- Include disabled people in the planning of our semces and promote wider opportunities for engagement and inclusion., Ensure disabled people have a strong voice locally. Raise awareness aboul disabled people's needs and accessible servicE prowsion with service providers and employers. Increase employment, educalion. volunteering and leisure opportunities.. Provide high quality information and advice- Reduce povety and increase financial security of disabled people., and Understand, track and respond to changing needs. How our activities deliver ublic benefit Our main activities and who we help are described below. The Trustees believe that all of our charitable activities 5UPPOrt disabled people to have Ihe same opportunities as non-disabled people and lo lead fulfilling and independent lives. We estimate there are around 20,000 disabled people liwng in the London Borough of Richmond of Thames. We support over 3,500 clients each year. The majority of our clients and services are in the London Borough of Richmond upon Thames. During the year we have also delivered servi￿$ in the boroughs of Hounslow and Kingston. We work with disabled people and carers of all ages and across all disabilities including physical and sensory disability, learning disabilities and mental health. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our advice services have been extremely busy and our Information Navigation, Benefils Advi￿ and Money Advice services have all experienced continuing high demand from dients that need our support. In 2023 we started delivering two seNices commissioned by South Wesl London and St Georges ISWLSTG} mental health trust, a mental health peer support service and a benefits advice service across Richmond and Kingston. We have also started a project campaigning fof more accessible social housing. We are continuing lo adrninister the Household Support grant on behalf of the London Borough of Richmond upon Thames local authorily and crisis grants on behalf of Richmond Parish Lands charty and the Richmond Charities. Our Inclusion team have continued to deliver our Buddyup services which supports people aged 13 to 17 find a volunteer buddy to do fun social activities together in the communty- Spade continue5 to deliver gardening support to older and disabled people and our Connect to Tech project, which provides Ifaining and support in using mobile phones, ipads and other devices has expanded. In addition to our two weekly sessions, we have also started our IT Doctor sessions for one lo one support. Our popular Surplus.2.U food stall continues each Wednesday outside our building, giving out free surplus food that would otherwise go to landfill. Our peer group activilies now have a weekly session for people thal are neurop diverse as well a5 our Art Class, Walking Group and Green Teams. Our Iow-cost Counselling service continues to change and develop and we are now back to primarily delivering fa￿ to face session unless someone finds rt more accessible to meet online. Our services are based on needs identified by our dients or grants and commissioning opportunities. We receive a wide range of referrals from housing associations. So￿al care and other local authority services. mental health services, learning disability services, hospitals, GP practices, Job Centre Plus. Social Prescribing and other local voluntary sector services. Public banafit The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Financial review Main Sources of Fundin Our main sources of funding were the London Borough of Richmond upon Thames (LBRUT), Achieving for Children {AFC), Trust for London, Garfield Weston, Heathrow Community Trust, Richmond Mind and Tesco Community Grants and local grant giving organisalion5." Hampton Fund. Richmond Parish Lands Charity. and Barnes Fund. We have also received income from charges for our Spade gardening and our Coun5elling services as well as a management charge for our management of the Disability Action and Advice Cenlie. There was an increase in funding from £1,034.014 in 2023 10 £1,135,581 in 2024, and an increase in charitable expenditure from £1,003,981 in 2023 to £1,129,407 in 2024. Unrestricted general fltnds have increased to £354,681 {2023: £346,019), unrestricted funds related to contracts increased to £19,434 12023.. £17,710) and reslricled funds have decreasèd to £6,86812023= £11,080). Our services are delivered with a mix of face to face and online provision. Our Glients continue to be impaded by food and fuel povety which has meant that our advice services are still very busy. We continue to deal with complex casework on housing, benefits. health and social care and money and debt. We have increased our advice slaffing to cope with additional demand and are currently seeking additional funding to do this on a more long-tern basis. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Reserves Polic The objectives of the reserves policy are to= Saleguard the long-term financial sustainability of the Charity by maintaining a minimum level of general reserves to address specific risks., Set aside, and then release, resources to fund future plans,. and Ensure there are sufficient funds lo pay staff and any outstanding debts in the event of a temporary redLtction in the scale of our activities or closure. The trustees have conduded that they should relain resep4es to meet four to six months of total expenditure excluding the grants made to dients, which are directly funded, cU￿entlY a range from £302.156 to £453,235. A further £19,434 is allocaled for advice services in 2024-25. General unrestricted reserves at 31 st March 2024 were £354,681 (2023.. £346,019). We also believe this level of reserves is what our funders and commissioners expect from a charity delivering services on their behalf in order to provide assuran￿ of the viability of the organisalion over the course of a mulli- year contra Investment Activities Richmond Advi￿ and Information on Disabilty (RAID) does not have any long term investments. Our cash ieseNes are held in deposit accounts. Risk Polic The trustees follow the Charity Commission's recommended approach lo risk management and review the risks to which the charitable company is exposed. Each significanl risk has a definilion and a score and Is regularly reviewed by the trustees to ensure that systems have been established to mitigate against those risks. In particular, insurance is in place and firlan￿$ are dosely monilored, personnel checks are carried oul and safeguarding policies and procedures are implemented. Other risks that have been assessed Include loss of key personnel. both slaff and trustee5, and loss of access to our premises. The trustees are satisfied that systems are in Pla￿ lo manage risks that have been identified. Plans for future eriods The charity aspires to continue all of our existing services subject to satisfactory funding arrangements and lo develop new services based on need where funding can be sought. The Trustees have developed a Business Plan to cover the period 2022-26 with new Priorities and goals. We are continuing to develop ways of increasing the funded services we can deliver Including exploring contracl and grant opportunities in other London boroughs. Structure. govemance and management Governin Document The organisalion is a charitable company limited by guarantee, incorporated on 10th August 1998 and re-regislered as a charity on 23rd March 1999. The company was established under a Memorandum of Association, which established the objects and powers of the Charilable company and is govemed under its Articles of Association, as amended in March 2015. Trustees and members guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the evenl ofwinding up. The total number of such guarantees al 31 st March 2024 was 6712023= 62). The Trustees, who are also the directors for the purpose of company law, and who served during the year are included on Ihe legal and administrative page. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recruitment and A ointment of Trustees The existing trustees are responsible for the selection of new trustees. Under our governing documents 510/0 or more of the board must be disabled or a carer for a disabled person. In. selecting trustees we ensure we choose people who are passionale and knowledgeable about disability issues. often we will become aware of a potential trustee as they may have been a service user or volunteer. Potential trustees are invited to attend a number of meetings as observers and then if all agree are co-opted as members at the next meeting. This process allows due consideration for the person's skills, eligibility, personal competence and specialist knowledge to be taken into account and enables them to make a more informed decision. Under our Articles, one third of the trustees are required to stand down every Iwo years but are eligible for re-election. The following trustees slepped down arbd were re-elected at the m05t recent General Meeting,. Pauline Hill, Scotty McLeod and Claire Newton. anisational structure Trustees have full responsibility for decisions affeding the govemance and strategy of the organi5ation. Trustees give their lime freely and receive no remuneration or other financial benefits. Trustees meel around every six weeks and have a number of sub-committees Ihat meet lo cover various areas of governance Including finance. policies and procedures, human resources and qualty assurance. Trustees have overall responsibility for approving the budget. the yeady financial statements, salaries and expenses, and any transfers at the end of the year. Additional areas that trustees cover include= Reviewing the business plan and ensuring that the strategy agreed is being achieved., Reviewing and amending the Memorandum and Articles.. Overseeing ihe Risk Assessment of the organisation- Receiving reports on the performance of services- Ensuring that monitoring of Health and Safety is carried out". Checking that policies such as Data Protection Policy and Safeguarding are implemented. Operational matters concerning the management of projecls and the day lo day running of the Disability Action and Advice Centre building are deSegated to the Chief Executive who then decides what further delegation needs to be made lo the Managers. Board of Trustees Induction and Trainin The chair of trustees lakes responsibility for the induction of new trustees, all trustees are required lo go through induction Iraining that clearly sets out the responsibilitie5 and duties of the Board end also covers the activities and policies of the organisalion. A number of PLÈblications from the Charity Commission are also provided and include guidance on public benefil. This ensures Ihat trustees are aware of their responsibilities under Ihe Charities Acl. We also recommend that truslees attend Understanding Governan￿ training delivered by Richmond Counal for Voluntary Services. Funds held as custodian trustee Richmond AID has not acted as a custodian trustee but holds £3,650 (2023= £3,650) of funds on behalf of the Equality Slakeholderfs Scrutiny Group Payments from the fund are made at their request. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statement of trustees responsibilities The trustee5, who are also the direclors of Richmond Advice And Information On Disabilrty (RAIDI 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 Slandards (Uniled Kingdom Generally Accepted Accounting Practice}. Company Law requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the Charity and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for thai year. In preparing these ffinancial statements. Ihe trustees are required to= Selecl suitable accounting policies and then apply them consistently-, Obsetve the methods and principles IFI the Charities SORP., Make judgements and estimales that are reasonable and prudent.. and Prepare the financial statements on the going con￿rn basis unless tl is inappropriate to presume that the Charty will continue in operation. The trustees are responsible for keeping adequale 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 Acl 2006. 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. Auditor In accordance with the company's articles, a resolution proposing thal David Howard be reappointed as auditor of the company will be put at a General Meeting. Disclosure of infomiation to auditor Each of the Iruslees ha5 confirmed that there is no information of which they are aware which is relevant lo the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo identify such relevant information and to establish that the auditor is aware of such information. The trustees re ort was approved by the Board of Trustees. V Roden Date.. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF RICHMOND ADVICE AND INFORMATION ON DISABILITY {RAID) Opinion We have audited the financial statements of RiGhmond Advice And Infomialion On Disability IFiAID) (the 'Charity') for the year ended 31 March 2024 which comprise the statement of financial activities. the balance sheet, the statement of cash flows and notes to the finanual statements. including significant accounting policies. The financial reporting framework that has been applied in Iheir preparation is applicable law and United Kingdom Accounting Slandards. including Financial Reporting Standard 102 The Finanual Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounling 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 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year the ended., have been propedy prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance wtth the requirements of the Companies Acl 2006. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs ￿SpOnsibl/ltIeS for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirement5 that are relevant lo our audil of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with Ihese requirements. We believe that the audit evidence we have obtained is suffiaent and appropriate to prowde a basis for our opinion. Conclusions relating to going concem In auditing the financial stalements, we have concluded that the trustees use of Ihe going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, 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 Goncern for a period of at least Iwelve months from when the financial statements are authori5ed for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report. Other information The other infomiation comprises Ihe information included in the annual report other than Ihe financial statements and our auditor's report Ihereon. The trustees are responsible for Ihe other infomialion conlained within the annual report. Our opinion on the financial stalemenls does not cover the other information and, excepl lo the extenl olherwise explicitly stated in our report, we do not express any fomi of assurance conclusion Ihereon. Our responsibility is to read the other information and. in doing so. consider whether the other information is materially inconsistent with the financial statemen15 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 lo report that facl. We have nothing to report in this regard. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) 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 for the financial year for which the financial slalemenls are prepared, which includes Ihe directors, report prepared for the purposes of company law, is consistent with the financial statements., and the directors. report included within the trustees 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 uriderstanding of the Charity and its environrnenl obtained in the course of the audit. we have not identified material misstalemenls in the directors, report induded within the truslees report. We have nothing lo report in respect of the following matters in relation to whith the Companies Act 2006 requires us to report lo you if, in our opinion.. adequate accounting records have nol been kept, or retums adequate for our audil have not been received from branches not wsiled by us.. or the financial statements are not in agreement with the accounting records and returns- or ertain disclosures of trustees, rernuneration specffied by law are not made", or we have not received all the information and explanations we require for our audit., or the trustees were not entilled 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. Responsibilities of trustees As explained more fully in the statement of ttustees responsibilities. the trustees, who are also Ihe directors of the Charity for the purpose of company law, are responsible for the preparation of the financial slatemenls and for being satisfied that they give a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial stalements that are free from material misslatement, whether due to fraud or error. In preparing the financial stalements, the Iruslees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable. matters related to going concem and using the going oncem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operalions, or have no realistic altemative but to do so. Auditorfs responsibilities for the audit of the financial statements Our objective5 are to obtain reasonable assuran￿ about whether the finanual statements as a whole are free from material misstatement, whether due to fraud or error. and lo issue an auditorfs report thal includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audil conducled in accordance wilh ISAS (UK} will always delecl a material misstatement when it exists. Misstatemenls can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial stslement5. Irregularities, induding fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detecl material misstatemenls in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularilies, including fraud is detailed below.. RICHMOND ADVICE AND INFORMATION ON DISABILITY {RAID) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF RICHMOND ADVICE AND INFORMATION ON DISABILITY {RAID) Our approach to identifying and assessing the risks of material misstalement in respect of irregularities, including fraud and non-compliance with laws and regulation5. was as follows: the engagement partner ensured that the engagement team collectively had the appropriate competence. capabilities and skills to identify or recognise non-compliance wilh applicable laws and regulations.. we identified the laws and regulations applicable to the company through discussions wilh Irustees and other management, and from our commercial knowledge and experience of the charity seclor," we focused on specific laws and ￿gUlatIonS which we considered may have a direct material effect on the financial stalements or the operations of the company. including such as the Chariles Act 2011, taxation legislation, data proteclion, anti-bribery, and health and safety legislation., we assessed the extenl of Complian￿ with the laws and regulations identrfied above through making enquiries of management and inspecting legal Corresponden￿., and identified laws and fegulations were communicated within the audit team regularly and the team remained alert lo instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial stalemenls to material misstalement, including obtaining an understanding of how fraud might occur. by.. making enquiries of management as lo where they considered there was susceptibility lo fraud, their knowledge of adual, suspected and alleged fraud- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations., and To address Ihe risk of fraud through management bias and override of controls, we.. performed analytical procedures to identify any unusual or unexpected relationships; lested journal entries lo identify unusual transactions.. assessed whether judgemenls and assumplions made in delemiining the accounting eslimales set out in Note 2 were indicalive of potential bias; and investigated the rationale behind significant or unusual transadions In response lo the risk of irregularities and non-compliance with laws and regulalions. we designed procedures which included, but were not limited to.. agreeing financial statement disdosures to underfying supporting documentation., reading the minutes of meetings of those charged with governance., enquiring of trustees as to actual and potential litigation and claims; reviewing correspondence with relevant regulators There are inherent limitations in our audii procedures described above. The more removed that laws and regulations are from financial transactions, the less likely il is that we would become aware of non-complian￿. Auditing standards also limit the audit procedures required lo identify non-compliance with laws and regulations to enquiry of the directors and other management and Ihe inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to delect than those that arise from error as they may involve deliberate concealment or collusion. A fijrther description of our responsibilities is available on the Financial Reporting Council's website at.. https-.11 w.frc.org.ukJauditorsresponsibilitie5. This description fomis part of our auditorfs report. Use of our report This report is made solely to the charitable compan￿$ members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mighl state to the charitable company's members those matters we are required to slate lo them in an auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibilty to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for Ihis report, or for the opinions we have formed. RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) Philip Lane FCCA {Senior Ststutory Auditor) for and on behalf of David Howard Chartered Accountants statutory Auditor 1 Park Road Hampton Wick Kingston Upon Thame5 KT14AS RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Current financial year Unrestricted Unrestricted funds funds general contracts 2024 2024 Restricted funds Total Total As Restaled. 2024 2024 2023 Notes Income and endowments from: Grants and donations Charitable activilies Snveslments other income 137,559 41,379 453.300 440,776 26.264 619,714 479.564 8,574 27.729 623,087 383,932 4,986 22,009 8,574 22.052 5.677 Total income 168.185 494.679 472.717 1.135,581 1,034,014 Expenditure on: Charitable activities 22,051 511.297 596,059 1,129,407 1,003,981 Total expenditure 22,051 511.297 596.059 1,129,407 1.003,981 Net incomel{expenditurel 146.134 {16.618) (123.342) 6,174 30,033 Transfers be￿een funds {137,472) 18,342 119.130 Net movement in funds 8,662 1.724 (4.212) 6,174 30,033 Reconciliation of funds: Fund balances at 1 Apnl 2023 346.019 17.710 11.080 374,809 344,776 Fund balances at 31 March 2024 354,681 19,434 6.868 380,983 374,"809 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 'A5 detailed in note 24, the 2023 figures have been reslaled to reflect a reclassification of income so that il is presented in line with the requirements of the Charities SORP IFRS 102) and to be comparable with the current year. The notes on pages 14 to 29 form part of these financial slatemenls. 10- RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Prior financial year las reststed") Unrestricted Unrestricted funds funds general contracts 2023 2023 Restricted funds Total 2023 2023 Notes Income and endowments from: Grants and donations Charitable activities Investments Other income 103,412 16,415 363,362 503,260 20,570 623,087 383,932 4.986 22,009 4,986 17,616 4,393 Totsl income 126.014 379,777 528,223 1,034.014 Expenditure on: Charitable activities 7,671 383.972 612.338 1,003,981 Total expenditure 7,671 383,972 612,338 1,003,981 Net in¢omellexpenditure) 118,343 (4.1951 (84.115) 30,033 Transfers between funds (101.751) 6.556 95,195 Net movement in funds 16,592 2.361 11,080 30.033 Reconciliation of funds: Fund balances at 1 April 2022 329.427 15,349 344,776 Fund balanGes at 31 March 2023 346,019 17,710 11,080 374,809 11 RICHMOND ADVICE AND INFORMATION ON DISABILITY {RAID) BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 13 6,581 9,872 Current assets Debtors Cash at bank and in hand 14 145,344 434,491 59,949 505,744 579.835 565,693 Creditors: amounts falling due within one year 15 (205.433) (200,756) Net current assets 374,402 364,937 Totsl assets less current liabilities 380,983 374,809 The funds ofthe Charity Restricted income funds Unrestricted funds - general Unrestricted funds - contracts 17 6,868 354,681 19,434 11.080 346,019 17,710 18 380.983 374,809 The notes on pages 14 to 29 forni part of these financial slalemenls. The financial statements were approved by the trustees on . V Roden Company registration number 3612476 (England and Wales) 12 RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flovrfs from operating activities Cash absorbed by operations 22 179.827) (14,0841 Investing activities Investment income received 8.574 4,986 Net cash generated from investing activities 8.574 4,986 Net cash used in financing activities Net decrease in cash and cash equivalents (71.2531 19,098) Cash and cash equivalents at beginning of year 505.744 514,842 ash and cash equivalents at end of year 434,491 505,744 The notes on pages 14 to 29 fomi part of these financial statements. 13- RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢counting policies Charity info￿natIon Richmond Advice And Information On Disability (RAID) is a private company limited by guarantee incorporated in England and Wales. The regislered office is Disability Action & Adwce Cenlre, 4 Waldegrave Road, Teddington, TW118HT, Untted Kingdom. 1.1 Accounting convention The financial slatements have been prepared in accordance with the Charity's [governing documentl, Ihe Companies Acl 2006, FRS 102 "The Financial Reporting Slandard applicable in Ihe UK and Republic of Ireland" ( FRS 102.) and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effeclive 1 January 2019). The Charity is a Public Benefit Enlity as defined by FRS 102. The financial stalemenls are prepared in sterling. which is the fvnctional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting poliaes adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational exislence for the foreseeable future. Thus the truslees continue lo adopl the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted ftjnds are available for use al the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific condttions by donors or grantors as lo how they may be used. The purposes and uses of the restricted funds are set out in the notes to the finanryal statements. 1.4 Income Income is recognised when the Charity is legally entitled to rt after any perfomance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recogni5ed at the time of the donation. Donations of goods and Se￿￿5 'in kind, are induded in income to the extent that they represent goods and services that would have othetwise been purchased. The value of services provided by volunteers has not been included. Annual grants are induded in full in the Statement of Financial Activities for the penod to which they apply. In the case of the grants received in the year. any portion relating to future periods is carried fofward as deferred income. 14- RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.5 Expenditure Liabilities are recognised a5 expenditure as soon as there is a legal or constfuctive obligalion committing the charity to that expenditure, it is probable that a transfer of economic benefils will be required In settlement and the amount of the obligalion 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 calegory. Where costs cannot be directly attributed to particular headings Ihey have been allocated to activitie5 on a basis consistent with Ihe use of resources. Central support costs, comprising the salary and overhead costs of Ihe central function, are apportioned on the basis of staff lime and the amount attributed to each activity in accordance with the requirements of the SORP. Governance costs comprtse all costs relating to Ihe public accountability of the charitable company and its compliance with regulation and good practice. These cosls include costs relaling to the statutory audit. 1.6 Tangible fixed assets Fixed assets are only capitalised where the unit cost of the purthase pri￿ eX￿edS £1,000. Depreciation is calculated So as to write off the cost of an assel. less ils estimated residual value. over the useful economic life of that assel as follows.. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over Iheir useful lives on the following bases". Motor vehides 20DK per annum straight line The gain or loss arising on the disposal of an asset is determined as the drfference be￿een the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.7 Impainnent of fixed assets Al each reporting end dale, the Charity reviews Ihe carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of Ihe impairment loss {if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in harTd, deposits held al call wilh banks, other short-term liquid inve5tmenls with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instrumenls Issues, of FRS 102 to all of rts financial instruments. Financial inslruments are recognised in the Chanty's balancE sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on a net basis or to realise the asset and settle Ihe liability simullaneously. 15- RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) Basic financial assets Basic financial asse15. which include debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rale of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless Ihe arrangement constilules a financing transaclion, where the debt instrument is measured al the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amort15ed cost. using the effeclive interest rate method. Trade creditors are obligations lo pay for goods or ServI￿S that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction pnce and subsequenlly measured at amort15ed cost using the effective interest method. Dere¢ognition of financial liabilities Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. 1.10 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 lermination benefits. Critical accounting estimates and judgements In the application of the Charity's accounting policies, Ihe Irustees are required to make judgements, estimates and assumptions aboul the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimates and associated assumptions are based on historirAI experience and other faclors that are considered lo be relevant. Actual resutts may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revision5 lo accounting estimates are recognised in the period in which the estimate is revised where the revision affecls only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 16- 0000 O*fJJOOty(QOLnoTto) 0000 }rDOO￿l￿o 0000 o)¢oa)oo*c%o- o co wi ai rti fAi O O oi ffi Iri O Cri 0*¢Y)OOC￿0) 00￿ Oi 17) O O ￿ Oi ) ts) p> 000 000 000 OOLri 3cN 0￿co00￿0￿00￿O (oooroinrOOfQO in￿roO01n￿￿o￿)Mi￿ *LriO -OTrknOOCOO LnrOOffjO In O in ¢JJ iJ) trtsioc 00%7)0 OOa)O LC) O a) O LL LL S IU IJD C E E3 o£aLL C C£ Et Q) Qocf c£ (u< RICHMOND ADVICE AND INFORMATION ON DISABILITY (RAID) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activities Unrestricted Restricted funds funds contracts 2024 Total Unrestricted Restricted funds funds contracts 2023 Total 2024 2024 2023 2023 Contact Income Richmond Mind Mental Health SLWSTG Benefits Advice LBRUT Benefits LBR Welfare Benefils Achieving for Children (Afc) LBRUT CILS Information Navigation Age UK Richmond Upon Thames 37,748 41,667 89,687 87,398 37,748 41,667 89.687 87,398 84,610 88,700 84,610 88,700 56,000 56,000 56.000 56,000 139,760 139,760 133,292 133,292 1.040 1.040 760 760 Other Income Counselling Income 26,264 26,264 20.570 20,570 453,300 26.264 479.564 363.362 20.570 383,932 Income from inveslments Unrestricted Unrestrictsd funds funds 2024 2023 Interest receivable 8,574 4.986 Other income Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Service and building Charge income 22,052 5.677 27,729 17,616 4,393 22,009 19- {7)w)Nin￿r￿O*In￿0l r£)eINr￿¢DO *tD(fjf£Or ro o) Ln n ¢0 ff) fD * thl O In co Lr) o) CN Ln Ln Ln rr) ¢DO**￿(￿O80￿kn fOcJJn¢D￿O￿Tu)0tr eD in In ￿ to o ro In Lr) LY) r*) fo ti) ￿- ￿ (£1 (ry (D try O) Lr) n o CTJ ¢£1 o Ln IQ LY) (¥ q) c cn ol) (n C aJU)L)￿ULL{JI5￿uLL￿[9InQ)0(n￿ IYJ rDG>m O*¢y) rmo oDJo ro ro ¢D o c£* ri Ln tr) a)