SUCCESS AFTER STROKE
(Registered charity no 1115016)
TRUSTEE ANNUAL REPORT
The receipts and payments accounts for the year ended 31 December 2024 have been reviewed and approved by the Trustees at their mee�ng on 7 March 2025 and approved by the Independent Examiner, Ms Tracy Mar�n of T-A Accounts Limited.
REVIEW OF THE YEAR
We are very pleased that our two major fundraising events in 2024 were so successful. These were the Brushstrokes Art Sale in Sudbury Arts Centre and the Carol Service held in Long Melford Church. These fund raising events are very necessary for us as demand for our services con�nues to grow and the cost of providing them grows ever higher. We have a wai�ng list of stroke survivors who want and need to join us but we just do not have the physical space at the Stevenson Centre or the therapist and other resources to provide the services they so desperately need.
stroke as possible. We do this through speech and language therapy sessions, through physiotherapy sessions, through socialisa�on sessions (also known as coffee mornings, ou�ngs and similar) so members can share experiences, well being counselling so members and their carers can work through the mental trauma of a stroke, plus singing and art classes. The art classes in par�cular reveal just how talented our members (and in fact all of us) are, members come to relearn old skills and some come to discover skills they never knew they had.
In 2024 we increased the amount of speech and language sessions and physiotherapy sessions available to our members and we are now looking for addi�onal funding for this so we can con�nue to provide these much needed services throughout 2025 and for the foreseeable future.
FINANCIAL COMMENTARY
A summary of the results are below. Our two major fundraising events, generated surpluses of over £21,000 from Brushstrokes and over £26,000 from the Carol Service which are record amounts and our volunteers did incredibly well to make this happen. Dona�ons in 2024 were in line with expecta�ons and again we remain very grateful to all the families and friends of our members who do such sterling efforts in raising funds for the charity. On the payment side we increased our therapist spend by nearly £7,000 to slightly over £47,000.
the charity plus sponsorship of our fundraising events from James Buckle, the Witheren Founda�on and the D S Smith Charitable Founda�on. We are very grateful to all of them and to the many other groups and individuals who have contributed to the charity.
In addi�on to grants and dona�ons, Gi� Aid remained steady at just over £3,000 compared to £3,800 in 2023 which mainly reflected the recovery of gi� aid on the 2022 Carol Service dona�ons. Interest income grew slightly from £6,031 to £7,518 due to a combina�on of increased cash balances and higher interest rates.
Page 1
Summary of Income & Expenditure Account 2024 and 2023
| 2024 | 2023 | Change | |
|---|---|---|---|
| Receipts | 146,745 | 114,038 | 29% |
| Payments (excluding investment) | 133,582 | 90,486 | 48% |
| Surplus / (Deficit) before investment |
13,163 | 23,552 | -44% |
| Cash invested | 20,000 | - | +20,000 |
| investment | (6.837) | 23,552 | -44% |
| Cash Balance | 179,293 | 186,130 | -4% |
| Cash Balance including cost of investments |
209,293 | 196,130 | 7% |
The total expenses paid (excluding investments purchased) increased in the year from £90,486 to £133,582 and the main contributors to this £43,000 increase in expenditure resulted from:
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Fund raising costs in 2024 increased by over £36,000 to £38,000 compared to less than £3,000 in 2023 as a result of the two major fundraising events in the year.
Fund to add to the £10,000 invested in 2022. Investment performance to 31 December 2024 has been steady with the units worth £32,494 at year end.
Conversion to CIO
is changing apart from the bank account, it is only the legal form in which we carry out our current
Trustee Changes
for the charity. In the interim Hilary Spivey has agreed to act as chairman.
Approved by the Trustees on 7 March 2025
Hilary Spivey - Chairman
Page 2
Success Afterstroke Recelpts and Payments kc¢bUrtforthe Yearended 31 DecembeT2024 Fund5 Fwmls Total Total ReIpts Fundraising DoTrati{s 8&743 84.743 36297 9,420 7,518 1,705 92,All 9,010 6,IX31 Subscripiions Interest thcome 9A20 7222 Grants GrftAJd Recovered Sundry IrKorne Members outings Totsl recelpts 21 &021 297 297 141.129 616 146,74S 114,lJ28 ThefaPi5t Costs FundraingC0S Members Sutwrtcosts Rent AdrnlnlstraITrsaIarteS Insurance ano Mlministrawon Members outings Equipment Pwchased SkTrPWt Prlniing and Postage Art and Pottery Allocation oigeneral (wheads Purchase ol CCLAlrwesunem fvno Total payThems 436 37.416 20.103 242 47.273 37.416 20.1 11242 19.294 11,044 5.851 517 5.851 4.532 2,579 2,405 201 201 1.311 111631 1.163 20.(KNJ 14582 146.533 1SAO¢I 16.837) 23W2 Mov•mort of Fund• {C•¥h) Balance ljanuary Surplu51 (Deticitl tortheyear Balance at31 Decefflber I78.2 15.4041 173.398 186.130 6,837 179.293 162.578 23,552 186.130 11,4&31 R•pr•••ntod Cash ai Bank 26.757 152.536 179W3 21.112 165.018 186.130 In additiontothe atve bank acc(wntsthe chaiftyhclds1174esimts inthe CCLACharrties tsNeslmerrt Fund. These investrnents are General FuTrl assets. 2024 Mktvalue E30.CQO 2023 Mkt Value Accumulkn"on Unttsln CCLACh¥llles 1ThsentF ElO.000 £10 Value SlyKd on b•h•01th7nryt. ILarySpl¥TylC
Independent examiner’s report to the trustees of Success After Stroke, Charity number 1115016
I report to the trustees on my examination of the accounts of Success After Stroke for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Association you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charities accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
Signed:
Name: Tracy Martin
Relevant professional qualification or membership of professional bodies: FMAAT
Address: 15 Gainsborough Street, Sudbury, Suffolk, CO10 2EU
Date 29.04.2025