Charity registration number 1082961 (England and Wales) Company registration number 03942462 WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE LEGAL AND ADMINisfRATIVE INFORMATION Trustees D Enifeni (Chairl O Sultani {Appointed 10 June 20241 (Appointed 10 June 20241 CDBain M Roberts-owen (Appointed 10 June 20251 Charity number (England and Wales) 1082961 Company number 03942462 Registered office 4-6 Clemens Street Leamington Spa CV312DL Independent examiner Burgis & Bullock 23-25 Waterloo Place Leamington Spa Warwickshire CV32 SLA
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE CONTENTS Page Trustees, report Independent examiner's report Statement of financial artivities Balance sheet Notes to the financial statements 7-20
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 Introduction The Trustees are pleased to present their annual report and accounts for the year ending 31 March 2025. 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 with the Charities Att 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 IFRS 102). Objertives and activities 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'l and are to promote the relief of persons residing in the Area of Benefit being persons in need of such relief by reason of age, illness, physical disability, sensory disability, mental distress, learning disabilities or other disadvantages by developing, supporting. 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. Public benefit The Trustees have reviewed the public benefit provided by the Charity and are satisfied that it continues to meet the requirements of the Charity Commission. Achievements and performance Highlights and Key Developments The Trustees continue to support the charity's objectives, focusing on sustainability, quality of service, and financial stability. During the year, over 500 people were directly supported across Warwick5hire. Solihull, and Coventry, and over 1500 people indirectly benefited. The Advocacy Hub The Advocacy Hub continued to deliver statutory and non-statutory advocacy. Around 250 people received direct advocacy support. The partnership with Solihull Action through Advocacy 15AtAI concluded in September 2025. During the partnership, the organisation delivered IMHA. IMCA, Care Act, NHS Complaints, and Community Peer Support advocacy across Solihull. Additional services included Relevant Paid Representative. Parental Advocacy, Private Advocacy, and Nearest Relative advocacy.
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Money Hub The Money Hub continued to manage Corporate Appointeeship services across multiple regions, supporting 323 clients and safeguarding approximately £2.9 million in client funds. The charity successf ully secured the Solihull Money Management Contract worth approximately £84.000 per annum, running until June 2027 with an option for a four-year extension. The Warwickshire County Council Appointee Contract. worth approximately £60.000 was extended until March 2028. The Community Hub The Bedworth Community Corner and Charity Shop closed in June 2024 due to insufficient income generation. The organisation relocated to new serviced offices in Leamington Spa, reducing overheads and providing modern. flexible workspaces. Fundraising and Data Protection The charity fundraises primarily through internal and volunteer efforts, not using third-party agencies. Robust data protection policies are maintained. and all client records are securely managed using Charity Log. Financial review The charity made a surplus of £36,483 for the year. compared with a deficit of £10,488 in 2023/24. The move to new premises and the award of new contracts have strengthened financial resilience. Reserves policy Reserves are maintained at a level sufFicient to enable six months of operation during unforeseen difficulties and to meet long-term liabilities. As at the year end, the charity's reserves have fallen below the reserves policy. The shortfall in reserves will be generated through cost-saving measures across operating expenses, combined with a new fundraising campaign concentrating on increasing donations. Monthly financial monitoring and immediate designation of these funds will ensure the policy requirement is met quickly and efficiently. Principalfunding sources Principal funding sources include Warwickshire County Council. Coventry City Council, and the new Solihull Money Management Contratt. The SAtA partnership ended in September 2025. Investment policy The Trustees can invest surplus funds in short-term. low-risk deposits to protett capital value.
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, governance and management Warwickshire Independent Advocacy Alliance (the Company) is a company limited by guarantee, formed in March 2000 and adopted by Special Resolution in January 2001, and by 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 and continues to meet monthly throughout the year. Matters that would normally be handled by subcommittees were initially managed directly at the Board level. In the following year, subcommittees for HR & Operations and Finance were established. Mike Lee was appointed Chief Executive on 16 October 2024. having previously been Operations Manager. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: D Enifeni (Chairl O Sultani CDBain F Rahman M Roberts-owen (Appointed 10 June 2024) (Appointed 10 June 2024) (Resigned 30 August 20241 (Appointed 10 June 2025) Recruitment ond oppointment of trustees The Directors of the Company are also Charity Trustees under Charity Law. One third retire by rotation each year and may Stand for re-election. Trustees are regularly briefed on the charity's operations at Board meetings Risk Monagement The Board reviews key risks annually via a Risk Register. Key risks include contract renewal uncertainty, operational resilience. and data protection. Mitigations include robust internal controls, delegated authority, and policy reviews. Funds held as custodian trustee At 31 March 2025, £4,776,539 was held on behalf of Appointeeship clients in designated client accounts. These funds are safeguarded and not part of the charity's assets. The Trustees, report was approved by the Board of Trustees. ris CDBain Trustee 25 November 2025
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE I report to the Trustees on my examination of the financial statements of Warwickshire Independent Advocacy Alliance {the Charity) for the year ended 31 March 2025. Responsibilities and basis of report As the Trustees of the Charity land also its direttors for the purposes of company lawl, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination. I report in respect of my examination of the Charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the Charities Act 2011. Independent examiner's statement Since the Charity's gross income exceeded £250,CKK), the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales which is one of the listed bodies. 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 that in any material respect: accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. 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 financial statements to be reached. FCCA Burgis & Bullock 23-25 Waterloo Place Leamington Spa Warwickshire CV32 SLA 25th November 2025 Date:
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Totsl Unrestricted Restricted funds funds 2024 2024 2024 as restated as restated as restated Totsl 2025 Notes Income from: Donations and legacies Charitable attivities Fundraising Investment income 1.280 1.280 300.479 5,634 1.726 2.727 2,727 268,661 34,773 1,704 300,479 268,661 5,634 1.726 34,773 1.704 Total income 8,640 300,479 309,119 39,204 268,661 307,865 Expenditure on: Raising funds Charitable activities 37,177 37.177 235,459 43,412 43,412 274,941 235,459 274,941 Total expenditure 37.177 235.459 272.636 43.412 274.941 318,353 Net income/{expenditure) {28,5371 65,020 36,483 {4,2081 {6,2801 (10,4881 Transfers between funds {6,2801 6,280 Net movement in funds (28,5371 65,020 36,483 {10,4881 (10,4881 Reconciliation of funds: Fund balances at l April 2024 74,368 74,368 84,856 84,856 Fund balance5 at 31 March 2025 45,831 65,020 110.851 74,368 74,368 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE BALANCE SHEET ASAT31 MARCH2025 2025 2024 Notes Current assets Debtors Cash at bank and in hand 14 74,056 48,680 18,705 70,919 122,736 89,624 Creditors: amounts falling due within one year 15 111,8851 115,2561 Net current assets 110,851 74,368 The funds of the Charity Restricted income funds Unrestricted funds 17 65,020 45.831 18 74,368 110,851 74,368 The company is entitled to the exemption from the audit requirement contained in settion 477 of the Companies Art 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 25 November 2025 ri5 p4 CDBain Trustee Company registration number 03942462 {England and Wales)
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Warwickshire Independent Advocacy Alliance is a private company limited by guarantee incorporated in England and Wales. The registered office is 4-6 Clemens Street, Leamington Spa, CV312DL. 1.1 Basis of preparation The financial statements have been prepared in accordance with the Charity's governing document, the Companies Att 2006, FR5 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities 50RP "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 1021" The Charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterlin& which is the functional 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. The principal accounting policies adopted are set out below. 1.2 Going concern As set out in more detail in the financial review of the trustee's report, the charity's reserves have fallen below the reserves policy and a key contract of the charity ended in September 2025. The trustee's have considered budgets and forecasts for the next 12 months to consider the financial viability of the charity and at the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restrirted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the Charity 15 legally entitled to it after any performance 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 performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by artivity- The costs of each attivity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each attivity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial attivities. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The Charity has eletted 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. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contrattual 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 set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) Basicfinonciol 055ets Basic financial assets, which include debtors and cash and bank balances, are initially measured at 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 rate of interest. Financial assets classified as receivable within one year are not amortised. Bosicfinanciol liobilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt instrument is measured at 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 amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified 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 price and subsequently me35ured at amortised cost using the effective interest method. Derecognition offinancial liabilities Financial liabilities are derecognised when the Charitys contractual obligations expire or are discharged or cancelled. 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. 1.10 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critical accounting estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience 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 15 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. Key sources of estimation uncertainty Allocation of expenditure ocross octivities Direct and support costs are allocated based on the estimation of staff time spent of each activity. Income from donations and legacies Unrestricted funds Unrestricted funds 2025 2024 Donations and gifts 1,280 2.727 10-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Restrirted funds 2025 Restricted funds 2024 as restated Community & learning hub Grants and contracts 5,400 Advocacy hub Grants and contracts 128.951 152,402 Money hub Grants and contracts 171,528 110,859 300.479 268,661 Charitable trading income Total restricted income includes £280.179 of government grant and contract income. Income from fundraising Unrestricted Unrestricted funds funds 2025 2024 Fundraising events 5,634 34,773 Income from investment income Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 1,726 1,704 11
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on raising funds Unrestricted Unrestricted funds funds 2025 2024 as restated Fundraising and publicity Other fundraising cost5 Staff costs Support costs 1.755 29,618 5,804 1,853 31,403 10,156 37.177 43,412 12-
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WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support Costs allocated to activities 2025 2024 Premises costs 17,477 14,430 4,052 6.607 46,200 18,853 3,150 6.271 Office costs Other costs Governance costs 42,566 74,474 Analysed between: Fundraising Advocacy hub Money hub 5,804 18,865 17.897 10,156 33,005 31,313 42,566 74,474 2025 2024 Governance costs comprise: Independent examination fees Legal and professional 6.400 207 3.491 2,780 6,607 6,271 Independent examination fees includes a £3,500 accrual relating to the 2025 financial year whilst the remainder relates to prior periods. 10 Trustees None of the Trustees lor any persons connected with them) received any remuneration or benefits from the Charity during the year. 14-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees The average monthly number of employees during the year was- 2025 Number 2024 Number Office Charitable activities Total io Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 194,419 15,475 7,306 212,342 12,270 5,674 217,200 230,286 There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel was as follows. 2025 2024 Aggregate compensation 59,314 57,515 The key management personnel is comprised of the finance officer and CEO. 12 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 15-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tangible fixed assets FIre5 and littings Cost At l April 2024 7,934 At 31 March 2025 7,934 Depreciation and impairment At l April 2024 7,934 At 31 March 2025 7,934 Carrying amount At 31 March 2025 At 31 March 2024 14 Debtors 2025 2024 Amounts falling due within one year: Debtors Other debtors Prepayments and accrued income 37,294 20,091 16,671 15,864 2,841 74,056 18,705 15 Creditors: amount5 falling due within one year 2025 2024 Other taxation and social security Creditors Other creditors Accruals and deferred income 4,034 206 3,995 7,324 2,632 1,305 7,645 11,885 15,256 16-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Retirement benefit schemes 2025 2024 Defined contribution schemes Charge to profit or loss in respett of defined contribution schemes 7,306 5,674 The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund. 17 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At l April 2024 Incoming resources Resources expended Transfers At 31 March 2025 Solihull First Advocacy WCC Appointee Solihull Money Management Private Appointee Other appointee Other advocacy 118.865 73,275 71,753 20.300 6,200 10,086 (93.1441 (57,4191 (56,2271 (15.9071 (4,8581 (7,9041 25,721 15,856 15,526 4.393 1,342 2,182 300.479 {235.4591 65,020 Previous year: At l April 2023 Incoming resources Resources expended as restated Transfers At 31 March 2024 as restated as restated Solihull First Advocacy WCC Appointee Heart of England Other appointee Other advocacy 129.622 64,921 5,400 31.671 37,047 {129.6221 (64,9211 (5,4001 (37.9511 (37,0471 6.280 268.661 (274.9411 6.280 17-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subjett to specific condition5 by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestritted funds by the trustees for specific purposes. At l April 2024 Incoming resources Resources expended Transfers At 31 March 2025 Redundancy and office costs Disaster recovery General funds 50.000 6.000 18,368 {3.3001 46,700 6,000 16,8691 8,640 (33,8771 74.368 8.640 (37.1771 45,831 Previous year: At l April 2023 Incoming resources Resources expended as restated Transfers At 31 March 2024 as restated as restated Redundancy and office costs Disaster recovery General funds 50.000 6,000 28,856 50,000 6,000 18,368 39,204 (43,4121 16,2801 84,856 39.204 (43,4121 16,2801 74,368 19 Analysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Totsl 2025 At 31 March 2025: Current assets/lliabilitiesl 45,831 65,020 110,851 45.831 65,020 110,851 18-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Analysis of net assets between funds {Continued) Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Current assetsllliabilitiesl 74,368 74,368 74,368 74,368 20 Financial commitments. guarantees and contingent liabilities The Royal Bank of Scotland hold a fixed charge which contains a negative pledge over £20.000 which is held in other debtors. 21 Operating lease commitments Lessee At the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases. which fall due 35 follows: 2025 2024 Within one year Between two and five years 844 1,040 3,431 1,634 1.884 5.065 22 Events after the reporting date Included within accruals at the year end is £3,300 in relation to anticipated dilapidation costs. After the year end, dilapidation costs of £10,000 were agreed with the landlord. These costs will be funded by the 'redundancy and office costs, designated fund. which is included within unrestricted funds. 23 Related party transactions There were no disclosable related party transactions during the year {2024- none). 19-
WARWICKSHIRE INDEPENDENT ADVOCACY ALLIANCE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 24 Prior year adjustment The prior year allocation of expenditure did not fully reflect the actual utilisation of resources across the activities and funds. The revised methodology provides a more accurate representation of expenditure by charitable activity and fund type. Total expenditure in the prior period remains unchanged. -20-