REGISTERED COMPANY NUMBER: 03942462 (England and Wales) REGISTERED CHARITY NUMBER: 1082961 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE Harrison Beale & Owen LLmited Chartered Accountants Highdown House 11 Highdowll Road Leamington Spa WaLwAckshire CV31 iKt
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 f+Aarch 2024 Page Report of the Trustees. Independent Examlner's Report statement of Financial Activltles 10 Balance Sheet 11 Cash Flow Statement 13 Notes to the Cash Flow Statement 14 Notes to the Financial Statements Detalled Statement of Flnancial Attivities 30
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE REPORT OF THE TRUSTEES for the year ended 31 March 2024 The trustees who are also directors of the charlty for the purposes of the Companies Act 2006, present thelr report with the financial statements of the charlty for the year ended 31 March 2024. The trustees have adopted the provisions of Accountlng and Reporting by Charltles: Statement of Recommended Practlce applicable to charities preparing their accounts In accordance wlth the Financial Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102) (effectlve 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charliy 15 controlled by its governlng document, a deed of trust, and constitutes a Ilmited company, limited by guarantee, as deflned by the Companles Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 03942462 (England and Wales) Registered Charlty number 1082961 Reglstered office Avenue R Stonelelgh Park Kenilworth Warwickshire CV8 2LG Trustees Ms M Hanlon (resigned 22.5.2023) P N Parker (resigned 5.4.2023) Ms K K Bachada (appolnted 9.8.2023) (reslgned 10.6.2024} A Britton (resigned 12.6.2023) D Enifeni (appointed 10.6.2024) F Rahman (appointed 22.8.2023) (resigned 30.8.20241 O Sultanl (appointed 10.6.2024) R Taylor (resigned 31.5.2023) CDBain Independent Examiner Harrison Beale & Owen Limited Chartered Accountants Highdown House,11 Highdown Road Leamlngton Spa, Warwickshire CV31 1Kr Approved by order of the board of trustees on by: 10liil£oz* and signed on its behalf . C Baln - Trustee
Introduction The Trustees are pleased to present their annual report and accounts for the year ending 31 March 2024. These have been prepared to meet the requirements for a Directors, report and accounts for the purposes of the Companies Acts. The financial statements comply wlth the Charitles Act 2011, the Companies Att 2006, the Memorandum and Articles of Association, and 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). The Financial Reporting Standard came into effect from 1 January 2015. Our purposes The Objects of the Company are set out in its Memorandum of Association. The Objects for which the Company is established are to be effected within the United Kingdom ("The area of Benefit") and are to promote the relief of persons residing In the Area of Benefit being persons in need of such relief by reasons of age, illness, physical disability, sensory disability, mental distress, learning disabilities or other disadvantages by developing, supportlng, promoting and providing a variety of advocacy, representation, appointee and other services to such people to enable them to manage their affairs in a way which will improve their overall quality of life and to promote such other charitable purposes as may be beneficial to such persons. Detail is provided in this report on the ways in which the Charity has supported the achievement of its purposes through varied activities during the financial year. Having reviewed the level of public benefit and social impact provided by the Charity as identified in these Objects and Activities during the year the trustees are satisfied that the Charity meets the conditions set out in the guidance provided by the Charity Commission. Structure, governance and management of the organisation Warwickshire Independent Advocacy Alliance (the Company) is a company limited by guarantee, formed in March 2000, adopted by Special Resolution in January 2001 and by way of Written Resolution in June 2012. The Company is a registered charity, governed by its Memorandum and Articles of Association. The Board of Trustees administers the charity. The Board has been meeting monthly throughout the year whilst our trustee numbers have not been sufficient for the normal bi-monthly meetings and the normal work of subcommittee's covering Human Resources, and Finance and Audit which previously met bi-monthly has been handled at the board meetings. A Chief Executive was appointed by the Trustees to manage the day-to-day operations of the charity, but the post was made redundant in December 2022. On 16th October 2024 Mike Lee was appointed as Chief Executive having previously been the lead officer as Operations manager.
The Trustees report: The Trustees continue to support the charity's objects. The continued reductlon in funding has meant further focus on cost control and reduction. Highlights during the year include the following: Outputs and Outcomes During the year we directly supported over 500 people across Wanwickshire, Solihull and Coventry and indirectly over 1700 people, professionals and organisations. Our work and the ind ividual outcomes we achieve for people we work with cover Corporate Appointeeship, Statutory Advocacy, non statutory Advocacy, Parental Advocacy, Nearest Relative and Community Support in Bedworth and surrounding area. The Advocacy Hub There are many people whose individual circumstances preclude thern from being able to take part fully in important discussions that they themselves are the subject of. Disability and cognitive impairment in particular, present barriers to understanding and engaging with the often complicated processes that can result in life changing consequences. Our advocacy service aims to support each individual to exercise as much control over thelr lives as possible. We worked with around 250 people in our advocacy services during the year. Independent Advocacy is partnered with Sol ihull Action through Advocacy to deliver'solihull First Advocacy" from 2019 until 2024. We deliver the following Statutory Advocacy Services in Solihull: Stututory IMHA seNices under the Mental Health Act 2007. Community Peer Support. We provide mental well-being "peer support groups" These peer support groups will be assisting individuals with their own support planning (so they can go on to support others) and in building confidence and community inclusion. Care ActAdvoc(7cy contractfor Mental Health Seniice users. We provide assessment support and review referrals from Mental Health Social Workers as per the guidelines under the use of Independent Advocacy in the Care Act 2014. NHS Complaints Advocucy. Support for people to raise concerns they may have about their treatment, or that of a family member, through the NHS complaints procedure. The aim is for speedy local resolution. Assistance can be given in referring complaints to the Ombudsman. IMCA ~ Independent Mental Capacity Advocates work with client5 where a decision needs to be made around long term accommodation or serious medical treatment but a client lacks the capacity to do so. As well as our statutory work in Solihull we also deliver the following advocacy in both Solihull and further afield:
Relevant paid repre5entotive - These advocates work with clients who are in a care or nursing home. They visit the client and liaise with their care providers to ensure that thelr liberty is not being overly restricted. Parental (Child protection advocacy) - Advocates work with clients who are involved in the child protection process. They attend meetings with or on behalf of clients including court hearings. Our advocates also liaise with social workers to help clients express their wishes and feelings and understand their rights. This is funded by spot purchase and is not restricted to a geographlc area. Private advocacy- We occasionally get requests from individuals who cannot access advocacy from other sources to attend meetings or undertake work for them as spot purchase. This service is not limited to a geographic area. Nearest relative - The nearest relative is a person or organisation who has certain responsibilities and powers if you are detained in hospital under the Mental Health Act. These include the right to information and to dlscharge in some sltuations. The Money Hub The Money Hub provlded a Corporate Appolntee SeNice for people within Warwickshire, Solihull, Coventry, Northamptonshire, Leicester, Birmingham and Lincolnshire throughout the year. Corporate Appointee means that we are authorised by the Department for Work and Pensions to manage benef its on behalf of people who do not have the capacity to do so themselves. The service protects people's benefits and ensures that they are able to spend them as they wish within a set budget and also safeguards against financial abuse. During the year our Corporate Appointee service worked with over 200 clients, safeguarding their benefits and managing their finances. The Community Hub Bedworth Community Corner: The Bedworth Community Corner and Charity Shop offered good quality items at well below the normal retail prices and is stocked from donations from the surrounding community. The Corner also offers a meeting place for people to have a drink and chat. The community is also welcome to come in and discuss their problems with trained staff and find solutions to their issues or are signposted to a more relevant organisation. The Corner has hosted several events including a mental health self help group arts group. The Corner also engages volunteers to help in the shop and offers internships to pupils from a local special needs college. Due to the lack of sufficient income from the shop and community hub the shop and hub closed in June 2024 and the registered office is now based in Leamington Spa.
Governance Recruitment and appointment of Board of Trustees The Directors of the Company are also Charity Trustees for the purpose of Charity Law and under the CoMpanS Articles are also members of the Company. Under the requirements of the Memorandum and Articles of Association at each Annual General Meeting one third of directors stand down on a rotation basis after which they can be re-elected. Trustees are briefed by staff members on the work they do by briefings at Board meetlngs, which ensures that Trustees are kept up-to-date with the charitys work. Risk Management The Board of Trustees has undertaken a review of the major risks to which the charity is exposed. A Risk Register has been established and is formally reviewed by the Board annually or if there are material changes in the charitys operating environment. Where appropriate, systems or procedures have been established to mitigate the risks the Charity faces. Systems of internal control and delegated authority are in place with robust procedures for authorisation of all transactions. The organisation ensures that policies and procedures are in place and that training is delivered to ensure compliance with health and safety of staff. volunteers and clients. All procedures and policies are reviewed regularly to ensure they continue to reflect best practice and remain relevant. Quality Assurance In addition to using the QPM for quality in Advocacy Services, Service User feedback is a key part of our quality assurance and the Charity is further developing opportunities for service user engagement. Financial Review (These need to be the figures shown in the y/e accounts). The Charity made a deficit of £10,488 in the financial year- in comparison to lastyear's deficit of £15,102. Warwlckshire Independent Advocacy again showed a deficit in operations during this financial year due to difficulties in securing income. The board continues to monitor finances very closely and retain our designated reserves to a prudent level. Principal Funding Sources The principal funding sources are Solihull Metropolitan Borough Council, Solihull Action Through Advocacy, war[ckShire County Council, Coventry City Council. Some smaller grants came from Councillors in Warwickshire.
Reserves Policy The Reserves Policy has been set to ensure: Reserves are maintained at a level, which ensures our company core activity could continue du ring a period of unforeseen difficulty by retaining funds to cover our long-term Ilabilltles and enable six months operation at reduced run ning costs. Maintain a proportion of reserves in a readily realisable form to meet liabilities including redundancy payments and commitments to Staff, partners and creditors should the charity cease to operate. Investment Policy The Trustees have wide powers of investrnent. The investment policy of the Trustees is to protett all capital sums held by prudent investment. Consequently, surplus funds are normally held as short-term deposits in the money market with the Charity's bank or invested In term deposit accounts. Funds held on behalf of others Warwickshire Independent Advocacy Alliance has custody of £2,979,982 held on behalf of Appointeeship clients. These funds are held in a designated client account, and do not form part of the Charity's assets. Fundraising Policy Warwickshire I ndependent Advocacy Alliance actively fundraises for its work. We do not envisage substantially using third party suppliers but we are involving volunteers. Data Protection Warwickshire Independent Advocacy Alliance takes data protection very seriously. We have a clear Privacy Policy, Data Protection Policy, Confidentlality Policy and Data Processing Statement. We already use Charity Los a Cloud-based secure case management system for all our client records. Approved by the Board of Trustees and signed on its behalf by: Chris Bain- of the Board of Directors of Independent Advocacy Dated: 10111 |£ez*
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE Independent examlner's report to the trustees of Warwlckshlre Independent Advocacy Alllance ('the Company,). I report to the charlty trustees on my examlnation of the account5 of the Company for the year ended 31 March 2024. Responslbllltles and basls of report As the charity's trustees of the Company {and also Its directors for the purposes of company law) you are respons5ble for the preparatlon of the accounts In accordance wlth the requlrements of the Companies Act 2006 ('the 2006 Act,). Havlng satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examination. I report in respect of my examinatlon of your charlty's accounts as carried out under Section 14S of the Charltles Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charlty Commlsslon under Sectlon 145(5) {b) of the 2011 Act. Independent examiner'5 Statement Slnce your charitys gross income exceeded £250,000 your examiner must be a member of a listed body. I can conflrm that l am quallfled to undertake the examlnatlon because l am a member of the Instltute of Chartered Accountants In England and Wales, whichls one of the Ilsted bodles. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records vvere not kept in respect of the Company as requlred by Section 386 of the 2006 Act; or the accounts do not accord wlth those records", or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which 15 not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the statement of Recommended Practice for accounting and reportlng by charitles (applicable to charltles preparlng their accounts In accordance with the Financlal Reportlng Standard applicable In the UK and Republlc of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Greggolner MPhll BA {Hons) FCA Harrlson Beale & Owen Limited Chartered Accountants Hlghdown House 11 Highdown Road Leamlngton Spa Warwlckshlre CV31 1Kr Date: .............................................
WARWICI(SHIRE INDEPENDENT ADVOCACY ALLIANCE STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024 2024 Restricted 2023 Total Unrestrlcted Total funds fund funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacles 2,727 2.727 470 Charltable activities Community & learnlng hub Advocacy hub Money hub Fundraising 5,400 129,622 64,921 5,400 54,947 152,402 142.555 110.859 120,141 34,773 139 22.780 45,938 34,773 Investment Income 1,704 1,704 1.284 Total 107,922 199,943 307,865 319,536 EXPENDITURE ON Charitable actlvltles Community & learnlng hub Advocacy hub Money hub Governance hub 1,196 242,757 1,196 45,422 242,757 123,880 95,431 74,400 69,905 74.474 (74) Total 74,474 243 879 318,353 334,638 NET INCOMEI(EXPENDITURE) Transfers between funds 33,448 (43,9361 (43,936) 43,936 (10,488) (15,102) 12 Net movement in funds (10,4881 {10.4881 (15.1021 RECONCILIATION OF FUNDS Total fund5 brought forward 84,856 84,856 99,958 TOTAL FUNDS CARRIED FORWARD 74.368 74,368 84,856 CONTINUING OPERATIONS All income and expenditure has arisen from continulng activitles. io
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE BALANCE SHEET 31 March 2024 2024 Total funds 2023 Total funds Unrestricted Restricted funds fund Notes FIXED ASSETS Tangible asset5 2.648 CURRENT ASSETS Debtors Cash at bank 18,705 70,919 18,705 32,578 67,849 89,624 89,624 100,427 CREDITORS Amounts falllng due within one year 10 115,256) (15,256} (18,219) NET CURRENT ASSETS 74,368 74,368 82,208 TOTAL ASSETS LESS CURRENT LIABILITIES 74,368 74,368 84,856 NAsSET5 74,368 74.368 84,856 FUNDS Unrestricted funds 12 74,368 84,856 TOTAL FUNDS 74,368 84,856 The charitab5e company is entitled to exemption from audlt under Sectlon 477 of the Companles Act 2006 for the year ended 31 March 2024. The members have not required the company to obtaln an audlt of its financial statements for the year ended 31 March 2024 in accordance with Sectlon 476 of the Companies Act 2006. The trustees acknowledge their responsibilitie5 for la) ensurlng that the charltable company keeps accounting records that comply wlth Sectlons 386 and 387 of the Companies Act 2006 and Ib) preparlng flnancial statements whlch glve a true and falr view of the state of affalrs of the charitable company as at the end of each financial year and of its surplus or deficlt for each financial year in accordance wlth the requlrements of Sections 394 and 395 and whlch otherwise comply yvith the requirements of the Companies Act 2006 relatlng to flnanclal statements, so far as applicable to the charitable company. li
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE BALANCE SHEET. continued 31 March 2024 These financlal statements have been prepared in accordance wlth the provlslons appllcable to charltable companies subject to the small companies regime. clal statements were approved by the Board of Trustees and authorised for issue on ,%q,A,It................ and were slgned on Its behalf by: J.i. C Baln - Trustee 12
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE CASH FLOW STATEMENT for the year ended 31 March 2024 2024 2023 Notes Cash flows from operatlng actlvltles Cash generated from operatlons (321) (4,538) Net cash used In operatlng actlvltles (321) (4,538} Cash flows from Investlng actlvltles Purchase of tanglble fixed assets Sale of tangible fixed assets Interest received (1,4701 1,687 1,704 Net cash provlded byl{used in) investing activlties 3,391 186 Change in cash and cash equivalents in the reporting period 3,070 {4,724) Cash and cash equivalents at the beglnning of the reporting perlod 67,849 72,573 Cash and cash equivalents at the end of the reporting period 70,919 67.849 13
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE CASH FLOW STATEMENT for the year ended 31 March 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net expendlture for the reporting period (as per the Statement of Flnanclal Actlvltles) Adjustments for: Depreciation charges 961 Interest received {1,7041 (1,284) Decrease in debtors 13,873 15,272 Decrease In creditor5 12,963) {5,683) {10,488) {15,102) 2.259 Net cash used In operations (321 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank 67,849 3,070 70,919 67,849 3.070 70,919 Total 67,849 3,070 70,919 14
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 ACCOUNTING POLICIES Basls of preparlng the flnancial statements The financlal statements of the charltable company, which Is a publlc benefit entity under FRS 102, have been prepared in accordance wlth the Charities SORP (FRS 102)'Accountlng and Reporting by Charltles: Statement of Recommended Practlce appllcable to charities preparlng thelr account5 in accordance wlth the Financial Reportlng Standard appllcable In the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019),, Financlal Reportlng Standard 102 'The Flnanclal Reporting Standard applicable in the UK and Republlc of Ireland, and the Companles Act 2006. The flnanclal statements have been prepared under the historlcal cost conventlon. Income All income Is recognised in the Statement of Flnancial Actlvltles once the charity has entitlement to the funds, It Is probable that the income wlll be recelved and the amount can be measured rellably. Income Is deferred only when the charity has to fulfil conditions before becoming entltled to it or where the donor has specified that the Income is to be expended in a future period. Voluntary income is received by way of grants, donations and glfts and Is Included in full in the Statement of Financial Activities when receivable. Grants, where entltlement Is not conditional on the delivery of a specific performance by the charity. are recognlsed when the charlty becomes uncondltlonally entitled to the grant. Donated services and facllltles are included at the value to the charity where this can be quantified. The value of services provlded by volunteers has not been Included in these accounts. Investment income is included when received, Incoming resources from grants. where related to performance and speciffc deliverables, are accounted for as the charity earns the right to consideration by its performance. For legacie5, entitlement Is taken as the earlier of '. a ) the date on which the charity is aware that probate has been granted . b ) the estate has been flnallsed and nottfication ha5 been made by the executor(s) to the Trust that a dlstribution will be made., or c ) when a distribution Is recelved from the estate. Receipt of a legacy, in whole or In part, Is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's Intentlon to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criterla for income recognition have not been met, then the legacy is treated as a contlngent asset and disclosed if materlal. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committlng the charlty to that expendlture, it is probable that a transfer of economic benefits wlll be requlred in settlement and the amount of the obllgation can be measured reliably. Is
Expenditure is accounted for on an accruals basls and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to partlcular headlngs they have been allocated to actlvltles.on a basls conslstent wlth the use of resources. Premises and office costs have been allocated on a basis of usage. Costs of generatlng funds comprise the costs associated wlth attracting voluntary income. Charitable expenditure comprSses those costs incurred by the charlty In the delivery of Its activities and services for its beneflciaries. It Includes both costs that can be allocated dlrectly to such actlvltles and those costs of an Indlrect nature necessary to support them. Governance costs include those costs assoclated wlth meeting the con5titutlonal and statutory requirements of the charlty and include the audit fees and the costs linked to the strateglc management of the charity. L6
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL ATEmENTs - continued for the year ended 31 March 2024 ACCOUNTING POLICIES- continued Tangible fixed assets Tanglble flxed a55ets are stated at cost less depreclatlon. Items less than £500 are not capltalised. Depreciation is provlded at rates calculated on a straight line basls to wrlte off the cost less estimated residual value of each asset over Its expected useful life, a5 follows: Fixtures, flttings & equlpment - 4 years Taxatlon The charlty is exempt from corporatlon tax on Its charltable actlvltles. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectlves at the discretlon of the trustees. Restricted funds can only be used for particular restrlcted purposes within the objects of the charity. Restrictions arise when speclfled by the donor or when funds are raised for partlcular restrlcted purposes. Further explanatlon of the nature and purpose of each fund 15 included In the notes to the financial Statements. Pension costs and other post-retlrement beneflts The charitable company operates a deflned contributlon pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financlal Activities In the period to which they relate. Financlal Instruments Loans and borrowings are Inltlally recognlsed at the transaction price including transartlon costs. Subsequently, they are measured at amortlsed cost uslng the effective interest rate method, less impairment. Debtors and creditors with no stated interest rate and receivable or payable wlthin one year are recorded at tran5actlon price. Any losses arlslng from impairment are recognised in the Income statement. INVESTMENT INCOME 2024 2023 Deposlt account interest 1,704 1,284 NET INCOMEI(EXPENDITUREI Net incomel(expenditure) is stated after charglngl{credltlng): 2024 2023 17
Depreclation - ovvned assets 961 2.259 18
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- contlnued for the year ended 31 March 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS The average monthly number of employees during the year was as follows: 2024 2023 Office Charitable activities 10 No employees received emoluments In excess of £60,000. The key management personnel are considered to be the Operations Manager & Head of Flnance. The employee benefits tota51ed £57,515 (2023 - £83,477). During the prior year one position was made redundant and the charity made payments in Ileu of notlce and redundancytotalling £nll (2023- £9,327). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Total Restricted funds fund funds INCOME AND ENDOWMENTS FROM Donations and legacies 470 470 Charitable actlvlties Community & learning hub Advocacy hub Money hub Fundraising 25,847 2.178 48,869 139 29,100 140,377 71,272 54,947 142,555 120,141 139 Investment income 1,284 1,284 Total 78,787 240,749 319,536 19
EXPENDITURE ON Charitable activitles Communlty & learning hub Advocacy hub Money hub Governance hub 45,422 123,880 86.680 45,422 123,880 95,431 69,905 8,751 69,905 Total 78,656 255.982 334,638 NET INCOMEI(EXPENDITURE) Transfers between funds 131 {15,233) (15,2331 15,233 (15,102) 20
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- contlnued for the year ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestrlcted Total Restrlcted funds fund funds Net movernent in funds (15,102) (15,102) RECONCILIATION OF FUNDS Total funds brought forward 99,958- 99.958 TOTAL FUNDS CARRIED FORWARD 84,856 84.856 TANGIBLE FIXED ASSErs Fixtures and fittings cosr At 1 April 2023 Dlsposals 38.025 {30.091) At 31 March 2024 7,934 DEPRECIATION At 1 Aprll 2023 Charge for year Eliminated on disposal 35,377 961 (28,404) At 31 March 2024 7,934 NET BOOKVALUE At 31 March 2024 At 31 March 2023 2.648 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and accrued income 15,864 2,841 31,924 654 18.705 32.578 21
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS - contlnued for the year ended 31 March 2024 CASH ATBANK Warwickshire Independent Advocacy Alliance has custody of £2,979,982 (2023 - £2,917,834) belng held on behalf of Appolnteeship clients. These funds are held In a designated client account, and do not form part of the Charlty's assets. 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade credltors Soclal securlty and other taxes Other credltors Accruals and deferred Income 7,324 3,995 2.632 1.305 59 3,792 3.699 10,669 15,256 18.219 Included withln accruals and deferred Income are balances totalling £nil (2023 £5,470) relatlng to deferred income. Durlng the year £5,470 (2023 £5,288) was released to the statement of financial actlvltles. Deferred income relates to contract income received in advance of performlng the relevant services. 11. LEASING AGREEMENTS Minimum lease payments under non.cancellable operatlng leases fall due as follows: 2024 2023 Wlthln one year Between one and flve years 3,431 1,634 17,320 13,398 5,065 30,718 12. MOVEMENT IN FUNDS Net movement In funds Transfers between funds At 31.3.24 At 1.4.23 Unrestrlrted funds General fund Redundancy & office runnlng costs Disaster recovery 28,856 50,000 6,000 33,448 {43,936) 18,368 50,000 6.000 84,856 33,448 (43,936) 74,368 Restricted funds Restricted funds (43.936) 43,936- 22
TOTAL FUNDS 84,856 (10,488 74,368 23
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIAN.CE NOTES TO THE FINANCIAL 5TATEMENTS- continued for the year ended 31 March 2024 12. MOVEMENT IN FUNDS- continued Net movement in funds. included In the above are as follows: Incomlng resou rces Resource5 Movement expended In funds Unrestrlcted funds General fund 107,922 (74,4741 33,448 Restrlcted funds Restrlcted funds 199,943 (243.879) {43,936) TOTAL FUNDS 307,865 (318,353) [10,488) Comparatlves for movement in funds Net movement in funds Transfers between funds At 31.3.23 At 1.4.22 Unrestricted funds General fund Redundancy & office runnlng costs Dlsaster recovery 4,843 89,115 6.000 9,458 {9,327) 14,555 (29,7881 28.856 50,000 6.000 99,958 131 115,233) 84.856 Restrlcted funds Restritted funds 115,233) 15.233 TOTAL FUNDS 99,958 (15,1021 84,856 Compalatlve net movement In funds. included in the above are as follows.. Incomlng Resources Movement resources expended in funds Unrestrlcted funds General fund Redundancy & offlce running costs 78,787 (69,329) (9,327 9,458 78,787 (78,656) 131 Restrlcted funds 24
Restricted funds 240,749 (255,982) (15,2331 TOTAL FUNDS 319,536 (334,638 (15,102) 25
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2024 MOVEMENT IN FUNI)S- contlnued A current year 12 months and prior year 12 months combined p051tion is as follows: Net movement In funds Transfers between funds At 31.3.24 At 1.4.22 Unrestrlcted funds General fund Redundancy & offlce runnlng costs Disaster recovery 4,843 89,115 6,000 42.906 (9,327) (29,381) 129,788) 18,368 50,000 6,000 99,958 33,579 (59,169) 74,368 Restricted funds Restricted funds {59,169} 59,169 TOTAL FUNDS 99,958 (25,590) 74,368 A current year 12 months and prior year 12 months combined net movement in funds, Included in the above are as follows: Incoming resources Resources Movement expended in funds Unrestrlcted funds General fund Redundancy & offlce runnlng costs 186,709 (143,803) 19,327) 42,906 (9,327) 186,709 (153,130) Restricted funds Restricted funds 33,579 440,692 (499,8611 (59,169) TOTAL FUNDS 627,401 (652.991) (25,590) Restrlcted funds Incomlng resources Resources expended At 1.4.23 Transfers At 31.3.24 Solihu11 Flrst Advocacy WCC Appointee Heart of England 129.622 64,921 5.400 158,106 79,188 6,585 28,484 14,267 1,185 2G
199,943 243.879 43,936 Included withln the unrestrlcted funds 15 £56,000 vvhich has been deslgnated by the Trustees to meet any future redundancy costs and to cover any office runnlng costs. The Trustees consider that these are necessary in vlew of the uncertaln nature of the funding of the Charity. Deslgnated funds totalllng £56,000 {2023 . £56,000) are included wlthln net current assets, 27
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- contlnued for the year ended 31 March 2024 12. MOVEMENT IN FUNDS- continued Gerieral funds totalling £nil (2023- £2,648) are Included withln flxed assets and the remalnlng £18,368 (2023- £26,208) are included withln net current assets. Sollhull First Advocacy {Including a Volunteer coordination element run through our Community Innovation and Learning Hub) - an advocacy servlce for resldents In Sollhull In partnershlp wtth Solihull Action through Advocacy. Warwlckshlre County Councll Appolntee - a corporate appolntee servlce for Warwlckshlre residents. Heart of England - development of Communlty Clrcles In Bedworth. 13. EMPLOYEE BENEFIT OBLIGATIONS Contributlons payable of £6,365 for the year have been charged in the statement of financial actlvltles {2023 - £6,365). The amount outstanding at the year end was £2,632 (2023- £2,406) and is shown wlthln creditors. 14. RELATED PARTY DISCLOSURES There were no related party transactlons for the year ended 31 March 2024. 28
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE DEfAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024 2024 2023 INCOME AND ENDOWMENT5 Donatlons and legacies Donations 2,727 470 Investment Income Deposit account Interest 1,704 1,284 Charitable activities Communlty & learnlng hub Advocacy hub Money hub Fundraising 5,400 152.402 110,859 34,773 54,947 142,555 120,141 139 303.434 317,782 Total incoming resources 307,865 319,536 EXPENDITURE Charitable activltles Wages social security Penslons Travel, tralnlng & recruitment Volunteer expenses 212,268 12,270 5.674 13,169 498 231,784 14,248 6,365 12.472 243,879 265,309 Support costs Management Premises costs Office costs 46,200 18,853 29,777 23,546 65,053 53,323 Finance Bank charges 433 537 Governance costs Subscriptions Web site 64 1,076 587 336 29
Fundralsing costs Independent examination fees Legal & profe551onal fees 1,577 3,491 2,780 (700) 2,130 8,988 15,469 Total resources expended 318,353 334,638 Net expendlture (10488 {15 102 30