Annual Report & Financial Statement For the year that ended March 31st 20211 Règistèrèd Charity Number: 11195961 Company Number. 06056940 Ill I:, YX
Contents Strategic Report 2023-2024 3. Foreword, Colin Evans, Chair of Trustees 4. Q&A, Sue Stockman, LinkAble CEO 5. About us 6. Why we exist 7. Year in numbers 8. Year in pictures 9. Meet Charlotte 10. Play 11. Next Steps 12. No Limits 14. Team Link 15. Meet Tom 16. Fundraising 17. The future Financial review 19. Financial Review 20. Reference and administrative details 21. Structure, Governance and Management 22. Statement of Trustees, Responsibi lities 23. Independent examiner's report 24. Statement of financial activities 25. Balance sheet 26. Statement of cash flow 27- 36. Notes to the Financial Statements for the Year Ended 31 March 2024 LinkAble Annual Report April 2023 to March 2024
Foreword Colin Evans, Chair of Trustees The past year has seen significant changes for LinkAble, marking a major milestone in our journey. Looking back in a few years. I hope we'll see it as a pivotal time of growth and new beginnings. Behind the scenes, we're working on upgrading our IT systems and streamlining administrative processes to improve efficiency-we have a grant to kick-start this important project. In the last quarter of 20231211, our hours have increased by: • 300h for under-18 services • 110% for over-18 services Midway through the year, we said goodbye to long-seruing CEO Alison Keeley and we welcomed Sue Stockman as LinkAble's new CEO. The expansion of Saturday sessions, the Sunday'stay and Play, programme, and new adult weekday services, combined with strong Marketing and Communications, has driven this impressive growth. We're confident we can sustain and build on thi5 in the coming year by broadening children and young people weekend sessions and introducing afterschool clubs. Our vision for adults focuses on creating pathways to independent living and greater community involvement through projects and employment opportunities. In my three years as a Trustee, I've watched LinkAble navigate many challenge5 and emerge stronger each time. By adding trustees with legal and charity management expertise, we strengthened our board, enhancing our ability to provide both strategic guidance and hands-on support to the management team as needed. The trustees saw this leadership change and new expertise as an opportunity to reinvigorate LinkAble. Together we haue: • Revised our Uision, Mission. and Values Updated our 3-year Strategic Plan Aligned operations with future goals l am constantly inspired by the passion and dedication of our stsff who make LinkAble the thriving and supportive community it is today. Our primary objective is to expand LinkAble's services, offering more support hours for families in Woking and the surrounding area. This growth means securing additional funding and increasing our capacity. 99 LinkAble Annual Report April 2023 to March 2024
Q&A Sue Stockman, LinkAble CEO In October 2023, Sue Stockman joined as our new CEO. With fresh ideas and extensive experience, Sue is leading LinkAble to a successful future. How has the year been for LinkAble: The key word this year has been change! With a strong focu5 on enhancing our impa¢ we've upgraded our building, expanded our team and resources, and strengthened connections with Surrey's health and social care networks. These improvements ensure we can better support to those we serve. How has LinkAble supported families? We offer parents and carers a much needed break, helping them focus on themselves or other children, keeping families togethers, and enabling them to stay in work. The management team is ambitious and dedicated, embracing change, finding creative solutions to challenges. and positively communicating with the wider teams to embed our new ways of working. What is LinkAble's impart this yea The impart on the children and young people attending our sessions is huge; they become more independent, confidenL and happy while developing friendships and learning new skills. Our adults gain skills for greater independence, enabling them to make choices about their social lives, living arrangements, and activities. How will LinkAble enter 2024? In January 24, we drew on our collective experience of LinkAble and considered new ideas in line with learning disability best practice, to develop a new Vision, Mission and Values along with a three-year Strategic Plan. How has LinkAble supported people with a learning disability and autistic people? Our weekend, evening, and holiday playschemes have offered fun opportunities for children and young people to make friends and learn new skills. We've added new confidence building off-site activities like climbing, abseiling, and kayaking at Surrey Outdoor Learning Centre. For adults, we've expanded weekday services offering sessions focused on fitness, wellbeing, and hobbies. We've also increased support for those with complex needs by providing more 1-2-1 support. The team tell us that having a more planned approach with clear targets. budgets and progress reviews makes it easier to see the impact of their contribution. 99 LinkAble Annual Report April 2023 to March 2024
About Us Our Vision Our Mission A world where people with a learning disability. autistic people and their families are empowered and supported to live life to the f ull. We support people with a learning disability and autistic people to create the life they want to live by providing opportunities that develop skills, confidence, and lasting friendships. Our Services Play: 5- 12 Next steps: 13 - 17 No Limits: 18+ Link4bie Annual Report April 2023 to March 20
Why we exist We couldn't manage without Linkable. Parent Nearly 40% of children with SEND had an overall wellbeing rating indicating possible depression, twice as many as those without SEND. (Children's Commissioner, Nov 2022) Only 5.1% of adults with a learning disability known to their local authority in England are in paid work INHS Digital, 2021). 22Yo of teachers did not feel able to meet the needs of SEND pupils. (Mencap, 2020) 31% of people with a learning disability are more likely to live in poverty compared to 18¥0 for non- disabled people (LeDer, 2021) ER 7110 autistic students say that the biggest thing that would make school better is having a teacher who understands autism. (National Autistic Society, 2021) People with a learning disability are seven times more likely to be lonely than non-disabled people. (NIHR, 2022) LinkAble Annual Report April 2023 to March 2024
Vear in numbers of parents and carers said the person they care for feels less isolated because of LinkAble 72% 93% said the person they care for has developed new skills as a result of attending LinkAble said they were satisfied with LinkAble's seruices 703 2LI,76II 316 Sessions and days out Hours support delivered Families benefitted LinkAble Annual Report April 2023 to March 2024
A year in pictures ZUMBAT;HON. .Sunday 23rd Aprll rLIA ¥J lari to March 2024
Meet Charlotte Lucy. Mum to Charlotte. talks about how LinkAble impacts her whole family. My daughter Charlotte is 8 and is diagnosed with Tetrasomy Isochromosome 18p, a very rare chromosomal disorder. She has Global Development Delay and a mind age of around 3 years old. Charlotte has a brother named JacK who is 11 and transitioning from primary to secondary school. 66 Thankfully, because of LinkAble, Jack has a brilliant relationship with Charlotte, which is everything I could have hoped for. I can confidently say that LinkAble's support has been a major contributing factor. When Charlotte attends LinkAble's Saturday activities, it gives me quality time to spend with Jack. We enjoy activities like bike rides and board games which aren't possible with Charlotte due to her support needs. I can't imagine what life would be like for my family without support from LinkAble. I can't fully express the impact LinkAble has on our family. Jack truly benefits from the support just as much as Charlotte does. When we found out about Charlotte's diagnosis, my first worry was the impact on Jack. 66 How would it affect his wellbeing if I had to dedicate so much time to Charlotte? What would his relationship with his sister be like? This time is incredibly important for both Jack and l. It has resulted in a happy and fulfilled child, who loues spending time with his sister. è- LinkAble provides a reliable service, which is vital when you have a child with additional needs. Because of LinkAble's reliability, Jack knows that if Charlotte is going to LinkAble, he is guaranteed some one-on-one time. When you book with LinkAblei you know it's going to happen. LinkAble Annual Report April 2023 to March 2024
Pla Supportiue groups where children aged S - 11 can be themselues, learn new skills and make friends. In October 2022, we successfully reapplied for short breaks funding through Surrey County Council and began delivering services under our new contract in April 2023. Since then, we've been exploring ways to enhance our services to better meet the needs of all children and young people we support, and have made some positive changes. f parent and carers consider inkAble staff to be very nowledgeable 93% id their child enjoys LinkAble lay schemes 93% ate LinkAble's facilities and esources as ery good, 66 The provision literally saves our family during school holidays and weekends, thank you! Lucy, Mum 66 Our daughter loves LinkAble. She is always very excited to attend. She has made some reat f riends there and looks orward to seeing them. elen, Mum 99 One of our key improvements has been offering separate sessions for autistic children and children with complex need& These are smaller groups which create a calmer environment, focusing on sensory needs, behavioural needs, and communication. We provide 1.1 or 2.1 support during these sessions, ensuring that every child can fully engage with our activities. Our free Stay and Play sessions have been a huge succes& They are available to both LinkAble families and those on our waiting list. For many families on the lisl this is a good opportunity to access our service These sessions are not just about play, they provide valuable family time and an opportunity for parents and carers to connect with others who share similar experiences. We've received fantastic feedback on how meaningful this time is for everyone involved. LinkAble Annual Report April 2023 to March 2024 10
Next steps Supporting young people (12 - 18) on the journey to adulthood. We know that young people with a learning disability and autistic young people often miss out on the specialised support they need when attending mainstream service& In April 2023, we launched 'Link Up Saturday,, to support young people who need extra guidance as they enter adulthood. These sessions develop life skills including: Independent living skills, such as travelling, cooking and managing tasks Skills for employment and education, ensuring access to the right opportunities Building community connections, fostering friendships and a sense of belonging Making healthy choices, from exercise and diet to accessing adult health services IOO¥o )(>r of parents and carers say LinkAble groups and holiday schemes meet the needs of the person they care for 66 Our child loved the skills training with f ire safety and food prep. When they get home they love to tell us what they have done. Julia, Mum 86% said their child enjoys LinkAble day visits to community venues 93% We've had fantastic feedback from parents, carers and our young people who told us these sessions boost confidence, build friendships, and support their journey towards greater independence. This year we also introduced 'ASD Games Night,, a fun, welcoming youth group for autistic young people or those with ADHD. It's a place where teens can feel understood and comfortable while boosting their social skills. The group has grown steadily since its launch. and we're thrilled to see it's positive impacL are satisfied with LinkAble's Next Steps activities Whenever l ask my son if he wants to come to Linkable, he shouts - "Ves, of coursely Jenny, mum LinkAble Annual Report April 2023 to March 2024 11
No Limits 66 1 love my LinkAble Fitness. It's f un and it makes me happy. Charlotte A fun and welcoming environment where adults can learn new skills. increase their confidence and make lasting friendships. It's been an exciting year for LinkAble's adult services. Our attendees have been practising mindfulness, learning employability skills and improving their fitness with visits to Woking Leisure Centre and 'Wheels for All. accessible cycling, which has been a real hiL In November, our adult groups prepared for the much-loved LinkAble pantomime. Our daytime and 'Chill Out Wednesday, groups supported by making props, while our ActAbles and DanceAbles groups rehearsed weekly and performed twice to a packed auditorium of family and friendsl 99 In Januaryi we welcomed Rachel Hudspith as our new Adult Services Manager. With 11 years at LinkAble, Rachel's transition into the role was seamless for our attendees, families, and staff. Since taking on the role, Rachel has been planning a new and more diverse programme of daytime activities. In 24125 we intend to expand adult services, growing our groups and offering new opportunities within the local community, while supporting our adults in developing the skills that matter mostto them. 710/0 parent and carers say that ult they care for feels less lonely because of LinkAble groups 66 If LinkAble's groups didn't exist- my son would never see his f riends and go out in a group to have fun in safety. Jo, Mum 66 LinkAble is an invaluable local service that gives vulnerable people a safe place to go and a purpose. 79% say the adult they care for has developed new skills through attending LinkAble 99 LinkAble Annual Report April 2023 to March 2024 12
i? 66 Thank you, thank you, thank you! We are so blessed to have LinkAble in our lives. Parent 99 inkAble Annual Report April 2023 to March 2024 hT,'I.
Team Link We are incredibly proud of our dedicated and compassionate team. Our commitment to supporting people with a learning disability and autistic people is at the heart of everything we do. Every team member plays a crucial role in creating a welcoming, inclusive environment, helping people develop independence, build confidence, and form lasting friendship& Q and A with Rachel Anderson, LinkAble's new Adult Services Manager Why did you decide to apply for the Adult Services Manager role? LinkAble is a huge part of my life and feels like home. When the role was advertised, l jumped at the chance to continue my journey at LinkAble and to breathe new life into our adult services. What do you like most about the role? The people! I love welcoming new adults and families to LinkAble. It's also amazing to see families transition from children's services to adult services where they put the skills they have learnt into practice. What's in store for the future of LinkAble's adult services? Adult services have really grown this year! We're now running four weekdays. three evening groups, a drama group. and Mayhem. We plan to add more evening options, move to a five-day term-time schedule, and an Employment Pathway to help adults into the workforce. 60 facilitators deliverin sessions ehind th LinkAble Annual Report April 2023 to March 2024
Meet Tom Jan, Mum to Tom shares how LinkAble supports Tom's health and social wellbeing. My son Tom is 52 years old and joined LinkAble in January 2024. He has a learning disability and cerebellar ataxia, a condition which affects his coordination and balance. This requires Tom to have someone on hand when he is walkingi particularly on rough or uneven ground. Before joining LinkAble, Tom's physical health was in decline. His previous day centre had closed six months earlier, and without structured activities, his mobility and overall well-being had noticeably deteriorated. This was a concerning time for me as Tom's wellbeing is reliant on this structure and without it, he was feeling lost. Participating in LinkAble's artivities has greatly enhanced his mobility, he's also learned about making better food choices and is now a healthier weighL Tom's neurologist has highlighted the importance of regular physical and mental stimulation to slow the progression of his condition. and LinkAble has been instrumental in providing this essential support. Tom attends LinkAble's 'Fitness for All,, 'Wellbeing Wednesday,, and 'Hobby Club, groups. These offer a range of activities that promote physical and mental health. •• 66 Since joining LinkAble, I have seen significant improvements in Tom's health and wellbeing. Tom has gained a newfound confidence, a sense of accomplishmenl and a more positive outlook. Thanks to LinkAble's support, Tom has become healthier and happier. The groups have significantly improved his quality of life and helped him better manage his condition. He has become more independen( which is not only fantastic for him but also gives me great peace of mind. LinkAble Annual Report April 2023 to March 2024 15
Fundraising Our work would not be possible without the generous support of our donors and sponsors. We are incredibly thankful to the Charitable Trusts, Community Groups, donors, event attendees, and challenge participants who have helped fund our services this year. In particuLar, we would like to thank the Community Foundation for Surrey, The National Lottery Community Fund's Awards for All programme, our corporate partner The Fidelis Foundation, and Ottershaw Night Owls Wl for their generous support over the past two years. Corpora e suppo Our partnership with The Fidelis Foundation, which began in April 2023, has made a huge impact on LinkAble's service delivery. Thanks to a generous £20,000 grant from The Fidelis Foundation, we've been able to enhance our digital infrastructure and expand our service offerings, including the launch of our popular 'Fitness for All, daytime group. Investing in our IT systems has helped streamline operations including creating a custom app to manage our many bookings. We've also used the funding to upgrade our physical spaces, such as the kitchen, café, and outdoor areas including a new 'adults-only' outdoor space where participants can grow vegetables to use in our cooking sessions. Looking forward, our partnership is set for exciting growth. In 2024, we plan to host a Paralympics event to celebrate the 2024 Paralympic Games. With The Fidelis Foundation's support, this event will help us reach new audiences and bring inclusive sports to Woking. We are so grateful for this partnership which is making a lasting difference for the people who depend on our services. Ottershaw Night Owls Women's Institute Wl has been a remarkable supporter of LinkAble, choosing us as their charity of the year for two consecutive years. During this time, the Wl has offered tremendous help in both fundraising and hands-on support. A highlight of their efforts includes £2,000 which was doubled through LinkAble's Big Give Christmas appeal 2023, as well as a series of raffles at Christmas events and a Fundraising Fashion Show, raising thousands to support the delivery of our services. Beyond fundraising, the Wl has also rolled up their sleeves, transforming our outdoor space so that it's ready for fun summer activities. LinkAble is thankful for this ongoing suppo¢ which greatly helps our service delivery. 66 The incredible generosity of our supporters means that the families who need LinkAble can rely on our Vital supporL 99 Sue Stockman. CEO, LinkAble LinkAble Annual Report April 2023 to March 2024 16
The Future Looking ahead to 20211-2025, we have exciting plans to expand and offer new services. We're exploring the possibility of launching an afterschool club for children, an alternative education project for young people not attending schooL and a new employment support initiative to help adults move into paid work or volunteering. We also aim to grow beyond Woking, reaching into Elmbridge, Runnymede, and Spelthorne. This will allow us to connect with new families while freeing up space in Woking to reduce the waiting list. None of this would be possible without our amazing group leaders, sessional workers, and playworkers - we're so grateful for their hard work and dedication. To 5UPPOrt them, we're planning a new training programme including eLearning and face-to-face sessions, helping our staff build the skills and confidence they need to continue delivering safe, enjoyable, and effective services. 66 Our reputation for offering a diverse range of services for people with a learning disability and autistic people is steadily growing, and we're proud to be recognised as a key provider serving the local community. Sue Stockman, CEO LinkAble inkAbie ual Report Apwil 123
bl LinkAble "We're all Different BUT the same Because l Know I'm Not the only one... 99 A drawing and quote by Will, one of LinkAble's adult attendees.
( LinkAble Annual Report April 2023 to March 2024
Financial review The Statement of Financial Activities for the year ended 31st March 2024 shows a deficit of £406, consisting of £17,671 unrestricted surplus and (£18,077) restricted deficit. Income Total income increased by 16% during the year to £600,431 (£519,413). During 2023-24, LinkAble groups were finally able to return to service provision in line with pre covid levels, with increased attendance at groups and greater choice of activities throughout the year. I ncome from Charitable activities has increased by 29% to £388,754 (£301,661). Expenditure Total expenditure increased by 12% during the year to £600,837 (£534,734). As LinkAble has been able to operate normal service provision throughout the year. costs of running groups have increased accordingly. This increase in cost also reflects the increasing level of support required by many of the children and young people attending groups. Staff costs have risen by 10% to £465,090 (£442,560) which reflects the increase in minimum wage as well as changes to the structure of the management team enabling future growth. Reserves Reserves are held to ensure the continuity of service provision as well as enabling LinkAble to take advantage of opportunities when they arise.on 31st March 2024, LinkAble's reserves were £208,197 (£208,603) of which £182,697 (£165,026) was unrestricted. Of th is, £15,431 has been designated to the Fixed Asset Reserve. LinkAble's resenjes policy is to maintain free resenjes of between 3 to 6 months operating costs to allow for short term fluctuations in cash requirements. The current level of free reserves is £167,266 which represents approximately 3 months operating costs and is at the required Level set by the policy. The trustees review the reserves policy annually to ensure it is set at the appropriate level. LinkAble Annual Report April 2023 to March 2024 19
Reference and Administrative Details Legal Charity Name: LinkAble Woking Registered Charity Number Limited 1119596 Registered Company Number 06056940 Registered office: The Link, 2 Board School Road, Woking, Surrey, GU215HE Directors and Trustees Colin Evans (Chair) Charles DonaLdson Nigel Himsworth Neil Murrin Nneka Ochonogor Rachel Pearce Daniel Stephens-white Patrick Tonks (appointed 7.8.23) Alan Whitehall Stewart Wilkinson Richard Fitsherbert (resigned 24.5.23) Senior Leadership CEO (October, 2023 - present) Susan Stockman CEO (Prior to October, 2023) Alison Keeley Head of Services Jamie Evans Advisors Independent Examiner JS2 Limited, One Crown Square, Church Street East, Woking, Surrey, GU216HR Bankers HSBC Bank, 6 Commercial Way, Woking, Surrey, GU216EZ Aldermore Bank, 1st floor, Block B Western House, Lynch Wood, Peterborough, PE2 6FZ LinkAble Annual Report April 2023 to March 2024 20
structure, Governance and Management Governing Document LinkAble is a registered charity and a company limited by guarantee governed by its Memorandum and Articles of Association which establishes its objects. powers and governing rules. We are regulated by the Charity Commission and adhere to its guidance regarding effective governance. Governance Structure LinkAble has a Board of up to 15 Trustees, although we are currently operating with 10. The Trustee Board meets periodically through the year to set LinkAble's strategy and discuss the progress of previously approved projects. The Trustee Board delegates work to 7 committees - Finance. People, Property, Fundraising. Marketing, Risk & Governance and Programmes. The day-to-day management of the organisation is carried out by the CEO who is accountable to the Trustees. who carry ultimate legal responsibility for the Charity. Recruitment and Appointment of Trustees LinkAble has a formal recruitment policy and appointment process under which potential candidates are considered and selected. New Trustees are identified in a number of ways including advertising and targeted recruitment. The Trustee Board regularly reviews its collective skills and experience against the needs of the Charity's business to ensure that it has appropriate expertise to enable the Charity to deliver its objectives. Several Trustees have left, and several have joined this year resulting in 10 Trustees at the time of issue of this reporL Trustee Indurtion and Training LinkAble has a programme of induction and training for Trustees that is set out in the Trustee Recruitment and Appointment Policy. Risk Management The trustees take seriously their responsibility for ensuring the safe, secure and professional operation of the Charity. With the assistance of the management team, we maintain and regularly review a risk register, which identifies the key risks to which the charity is or could be exposed. The risk register is based on the Charity Commission's template and guidance. The trustees consider that the principal challenges faced by LinkAble and the associated risks are the need to: Continue to support adults and children with learning disabilities Operate within set budgets Generate sufficient income to support the cost of service delivery thus minimising the cost to service users Return to pre Covid 19 seplice delivery levels and beyond LinkAble has established measures to control and mitigate the likelihood and impact of risks identified in the risk register which is regularly reviewed by committees and the Board. Operational risks are managed through appropriate policies and training, and form part of a regular report to the Trustees from the CEO. Financial risk is managed through policies, budgeting. and reporting; in addition. the financial risks and implications of any proposal are carefully reviewed before a decision is reached. Although supported by the CEO and the Risk and Governance committee, final responsibility for the management of risk rests with the Trustee Board. LinkAble Annual Report April 2023 to March 2024 21
Statement of Trustees Responsibilities The Trustees (who are also the Directors of LinkAble Woking Limited for the purposes of company law) are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing those financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently, observe the methods and principles in the Charity Statement of Recommended Practice (SORP); make judgments and estimates that are reasonable and prudenL' prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of frauds and other irregularities. ON BEHALF OF THE BOARD OF TRUSTEES Date: 12.12.2024 Colin Evans Chair of the Board of Trustees of LinkAble LinkAble Annual Report April 2023 to March 2024 22
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LINKABLE WOKING LIMITED FOR THE VEAR ENDED 31 MARCH 20211 I report to the charity Trustees on my examination of the accounts of the Company for the Year Ended 31 March 2024 as set out on pages 24 - 36. Responsibilities and basis of report As the charitVs Trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act.). Having satlsfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitls accounts as carried out under section 145 of the Charities Act 20111.the 2011 Act.). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. This report is made solely to the charity's Trustees. as a body. My work has been undertaken so that I might state to the charity's Trustees those matters which l am required to state to them in an independent examiners report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to any party other than the charity and charity's Trustees as a body, for my examination, for this report, or for the statement I have given below. Independent examiner's statemeirt The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants in England and Wales. I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that". accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records; or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or the accounts have not been prepared in accordance with the Charities SORP {FRS102). 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. JOHN SPEED FCA FCIE IS2 Limited One Crown Square Woking Surrey GU216HR Date: 202 LinkAble Annual Report April 2023 to March 2024 23
LINKABIE WOKING LIMITED STATEMENT OF FINANCIAL ACTIUITIES FOR THE VEAR ENDED 31 MARCH 20211 Unrestrirted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 Note INCOME FROM Donations and legacies Charitable activities Other trad ing activities Fundraising events I nterest Other income 120,602 388,754 69,276 189,878 388,754 182,522 301,661 18,105 2,956 738 18,105 2,956 738 33,697 1,533 TOTAL INCOME 531,155 69,276 600.431 519,413 EXPENDITURE ON Raising funds Charitable activities 39,030 39,030 44,101 Adult services Child ren's services 164,663 311,920 47,519 37,705 212,182 349,625 172,356 318,277 TOTAL EXPENDITURE 515.613 85.224 600,837 534,734 NET INCOME 15.542 (15.948) (406) (15,321) Transfers between funds 10 2,129 (2,129) Net movement in funds 17,671 (18,077) (406) (15,321) Fund balances brought forward 165,026 43,577 208,603 223,924 Fund balances carried forward 182,697 25,500 208,197 208,603 The Charitable Company's income and expenditure all derive from continuing activities. The Charitable Company has no recognised gains or losses other than shown above. The accompanying notes form part of these financial statements. LinkAble Annual Report April 2023 to March 2024 24
Company number: 06056940 LINKABLE WOKING LIMITED BAIANCE SHEET AS AT 31 MARCH 20211 2024 2023 Note Fixed Assets Tangible assets Current Assets 15.431 16.202 Debtors Cash at bank and in hand 35306 191,625 226,931 35,400 176,548 211,948 Creditors: Amounts falling due within one year (34,165) (19,547) Net Current Assets 192,766 192,401 Total Assets less Current Liabilities 208.197 208,603 Net assets 208,197 208,603 Funds Unrestrirted Funds General funds Designated funds 10 10 167,266 15.431 148,824 16,202 Restricted Funds 10 25,500 43,577 208,197 208,603 For the year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. The accompanying notes form part of these financial statements. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. They were approved and authorised for issue by the directors on 12.12.2024 and signed on their behalf by Colin Evans, Chair of the Board of Trustees of LinkAble IzIIL/Lolf LinkAble Annual Report April 2023 to March 2024 25
IINKABIE WOKING LIMITED STATEMENT OF CASH FLOW FOR THE VEAR ENDED 31 MARCH 20211 2024 2023 CASH FLOWS FROM OPERATING AcfiviTIES Net income for the year Adjustments for. Depreciation charges I nterest received (Increase) l Decrease in debtors (Decrease) I Increase in creditors (406) (15,321) IT33 (2,956) 94 14.618 1,993 (1,533) (19,701) (6,525) NET CASH PROVIDED (FROM) I BY OPERATING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES Purchase of tangible assets I nterest received 15,083 (41,087) (2,962) (18,195) NET CASH PROVIDED BY INVESTING ACTMTIES (6) (16,662) Change in cash and cash equivalents in the year 15,077 (57,749) Cash and cash equivalents at the beginning of the year 176,548 234,297 Cash and cash equivalents at the end of the year 191,625 176,548 LinkAble Annual Report April 2023 to March 2024 26
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 ACCOUNTING POLICIES a) Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 lanuary 2015) - (Charities SORP FRS 102). the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Assets and liabi lities are in itially recogn ised at historical cost or transaction value u n less otherwise stated in the relevant accounting policy or note. The Trustees consider that there are no significant areas of estimation or judgement. b) Public benefit entity The charitable company meets the definition of a public benefit entity under FRS 102. c) Going concern At the balance sheet date of 31 March 2024, LinkAble made a deficit of £406 and had net assets of £208,197. The Trustees have assessed projected future income streams and expenditure over the period to December 31 2025. This has included consideration of anticipated service delivery, possible changes to local authority funding and challenges faced in securing fundraising income. The Trustees have considered plans along with internal processes and systems for managing financial and operational risks. The Trustees have concluded that the strength of the charity's reserves and liquidity of its assets, mean the charity has adequate resources to continue their activities for the foreseeable future, and that there are no material uncertainties about the charity's ability to continue as a going concern. d) Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably. Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met. e> Fund accounting Restricted funds are to be used for specific purposes as laid down by the donor within the objectives of the charity. Expenditure which meets these criteria is charged to the fund. Unrestricted funds are donations and other income received or generated for the charitable purposes Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure on charitable activities includes the costs of undertaken to further the purposes of the charity and their associated support costs. Allocation of support costs Expenditure is allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function. is apportioned on a basis consistent with the use of relevant resources. LinkAble Annual Report April 2023 to March 2024 27
Reference and Administrative Details h) Tangible fixed assets Fixed assets are stated at original historical cost less aggregate depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each a55et on a straight-line basis over its estimated useful life at the following rates Plant and machinery - 5 years Fixtures and fittings 5 years Computer equipment- 3 years Motorvehicles- 5 years i) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. j) Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments. Cash balances exclude any funds held on behalf of service users. k) Creditors and provisions Creditors and provision5 are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. The charity only has fi nancial assets and financial liabilities of a kind that qualify as basic fi nancial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. t) Pensions The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. LinkAble Annual Report April 2023 to March 2024 28
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 INCOME Unrestrirted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 INCOME FROM: Donation5 and legacies Donations Grants 51.352 69,250 120.602 2,129 67.147 69,276 53,481 136397 189.878 22,517 160,005 182,522 Charitable activities Charges for services - Adults Charges for services - Children SCC Grant for service provision Children 84,720 63,814 240,220 84,no 63,814 240220 63,677 50,320 187,664 388,754 388,754 301,661 509356 69,276 578,632 484,183 Restricted income for the prior year totalled £129,055, this comprised grants of £128,855 and donations of £200. All other income was unrestricted. EXPENDITURE Direct staff costs Direct non- staff costs Support costs Total 2024 Current year Cost of Raising Funds 31,499 7,531 39,030 Charitable Activities Adult Services Child ren's Services 143,910 258,198 44,719 60,130 23,553 31,297 212,182 349,625 433,607 112380 54,850 600,837 Direct staff costs Direct non- staff costs Support costs Total 2023 Prioryear Cost of Raising Funds 40.242 3,859 44,101 Charitable Activities Adult's Services Children's Services 113,405 235.286 36.317 53,871 22,634 29,121 172,936 318,278 388,933 94,047 51,755 534,735 LinkAble Annual Report April 2023 to March 2024 29
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 SUPPORT COSTS Charitable Activities Current year support costs comprise: Adult Services Children's Services Total 2024 Governance costs Staff Other costs 6,280 2,791 6,280 2,791 12,560 5,582 Other support Costs Staff costs other Staff costs Premises Costs Office Costs Sundries Promotional Cost 6,623 506 4,473 2.431 422 27 23,553 12.300 939 5,466 2,971 514 36 31,297 18,923 1,445 9,939 5,402 936 63 54,850 Charitable Activities Prior year support costs comprise: Adult Services Children's Services Total 2023 Governance costs Staff Other costs 8,746 1,687 8,746 1,687 17,492 3374 Other support costs Staff costs Other Staff costs Premises Costs Office Costs Sundries Promotional Cost 5,648 298 4,032 1,885 303 35 10,489 554 4,928 2,304 370 42 16,137 852 8,960 4,189 673 LinkAble Annual Report April 2023 to March 2024 30
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 STAFF COSTS Total 2024 Total 2023 Wages and salaries Social Security Pension Contributions 435,213 21,999 7,878 465,090 397,841 18,417 6,302 422,560 2024 Number 2023 Number The average headcount during the year was: 45 49 The Key Management personnel comprise the Trustees, the CEO, Head of services and department managers. The total employee benefits of the key management personnel of the Charity inclusive of employer pensions contributions and employers National Insurance contributions were £241,242 (2023: E201,886}. NO employees received emoluments in excess of £60,000 either exclusive nor inclusive of employer pensions contributions and National Insurance contributions (2023: none). TAXATION The com pany is a registered charity and no taxation liabilities arise from its charitable activitie5. TANGIBLE FIXED ASSETS Fixtures and Fittings Plant and machinery Motor Vehicles Computer Equipment Total Cost At 1 April 2023 Additions Disposals At 31 March 2024 8,877 30,977 2,129 29.827 10,306 833 10 306) 833 79,987 2,962 (4 867) 4,010 20,324 29,827 54,994 Depreciation At 1 April 2023 Charge forthe year Eliminated on Disposal At 31 March 2024 8,8TI 14,775 3,710 (12,782) 5,703 29,827 10,306 23 {10,306) 23 63,785 3,733 (27,955) 39,563 (4,867) 4,010 29,827 Net book value At 1 April 2023 At 31 March 2024 16,202 810 LinkAble Annual Report April 2023 to March 2024 31
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 DEBTORS 2024 2023 Due within one year Trade debtors 16,992 8,514 9,800 35,306 10,047 4,258 Prepayments Accrued income 35,400 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social security Other creditors Accrued expenses Deferred income 8,842 6,459 1.691 6,807 10,366 34,165 4,391 5,368 9,788 19,547 Analysis of deferred income Amounts brought forward Released to the Statement of Financial Activities Deferred in the current year Amounts carried forward 9,788 (2,774) 3,352 10366 20,283 (13,325) 2,830 9,788 LinkAble Annual Report April 2023 to March 2024 32
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 10 MOVEMENT IN FUNDS Balance at 1 April 2023 Income Expenditure Transfersl Bance at Release of 31 March Restrirtion 2024 Restrirted funds Community Foundation Surrey Edward Gostling Foundation Woking Borough Council The D'oyly Carte Charitable Trust The St James Place Foundation St Faiths Trust Tesco Community Grant The Douglas Arter Foundation Surrey Freemasons Woking Rotary Clothworkers Foundation Horsell Amateur Dramatics Society Greenoak Community Focus Asda Foundation Screwfix Foundation Bruce Wake Charitable Trust 018's Food Donation Playground Appeal St Peters RISF Total restrictedfvnds 8,025 15,000 18,025) (15,000) (36,427) (2,744) (1,000) 19,200) (350) (100) (2,958) (1,110) 12,871) (1,210) 36,427 2,744 1.000 6,700 350 400 6.458 10.000 7,500 300 3,500 1,110 10.000 1.510 300 800 5.000 2.000 240 1.889 (2,129) 5,000 300 300 800 5,000 2,000 1240) (1,089) 800 2,900 43,577 69,276 185,224) (2,129) 25,500 Unrestrirted fvnds Designated funds General fund 16,202 148,824 (3,733) (511,880) 2,962 (833) 15,431 167,266 531,155 Total funds as at 31 March 2024 208 603 600,431 (600,837) 208,197 LinkAble Annual Report April 2023 to March 2024 33
LINKABLE WOKING LIMITED Notes to the Financial Ststements for the Vear Ended 31 March 20211 10 MOVEMENT IN FUNDS (Contin ued ) Prior Year Balance at 1 April 2022 Transfersl Balance at Release of 31 March Restrirtion 2023 Income Expenditure Restricted funds Community Foundation Surrey Edward Gostling Foundation Woking Borough Council The Sheldon Trust Surrey Chambers of Commerce The D'oyly Carte Charitable Trust The Grant Foundation The William Openshaw Street Charitable Trust The Ladbrokes Corals Trust The Shanly Foundation The St James Place Foundation St Faiths Trust Tesco Community Grant The Douglas Arter Foundation Frimley Fuel Restricted Donation Surrey Freemasons St Peters RISF Sensory room donation Total restrirtedfvnds 18.000 25.000 34.200 10.000 3.181 4,694 19,975) (10.000) (34,200) (10,900) (3,181) (3,163) (2.500) 8,025 15,000 900 1,213 2.500 2,744 3,000 1.500 5.000 4.000 10,000 500 (3,000) (1.500) 15,000) (3,000) (3.300) (150) (100) {180) {200) (142) (100) (1,190) 191,781) 1,000 6,700 350 400 500 180 200 6,600 3,000 6,458 2,900 1,190 6,303 129,055 43,577 Unrestricted funds Designated funds General fund Total funds as at 31 March 2023 40,000 177,621 (1,993) 121,805) (440,960) 21,805 16,202 148,824 390,358 223,924 519,413 (534,734) 208,603 LinkAble Annual Report April 2023 to March 2024 34
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 10. MOVEMENT IN FUNDS (continued) Purpose of funds Community Foundation Surrey Funding towards general operating costs for LinkAble as well as additional funding for the weekly skills based group and the performing arts group. Edward Gostling Foundotion Funding towards ongoing core cosL Woking Borough Council Funding towards LinkAble's Head of Services role across three years. The D'oyly Carte Charitable Trust Funding to support the Stopgap dance group. St Jomes Place Foundation Funding to support transition groups for young adults with learning disabilities. St Foiths Trust Funding towards an additional member of staff to support a child on a 1.1 basis. Tesco Community Gront Funding towards support for the skills based adult group. The Douglos Arter Foundotion Towards the Sensory Room upgradÈ. Surrey Freemasons Funding towards the sensory room refurbishmenL Woking Rotory A grant for remote access registration equipment. Clothworkers Foundation A grant for the refurbishment of the meeting room (calm space) and kitchen areas. The transfer out from this fund represents fixed assets purchased through the fund. Horsell Amateur Dromotics Society Funding for the pantomime Show Day. Greenoak Community Focus A donation for sensory toys. Asda Foundotion A grant towards new calm room equipment. Screwfix Foundotion A grant towards the kitchen refurbishment. Bruce Wake Choritable Trust Funding for servicing and training. 018,5 Food Donotion A donation for food ingredients for 018 sessions. Hoyground Appeal Funding for the new equipment for the outside play area. st Peters Relief in Sickness Fund Funding towards the Sensory Room upgrade. Designated fund To allow for future depreciation of fixed assets. LinkAble Annual Report April 2023 to March 2024 35
LINKABLE WOKING LIMITED Notes to the Financial Statements for the Vear Ended 31 March 20211 11. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Funds Restricted Funds Total Funds Fund balances at 31 March 2024 are represented by.. Fixed Assets Net Current Assets 15.431 167,266 182,697 15,431 192,766 208,197 25,500 25,500 Unrestricted Funds Restricted Funds Total Funds Fund balances at 31 March 2023 are represented by.. Fixed Assets Net Current Assets 16,202 148, 824 165,026 16,202 192,401 208,603 43,577 43,577 12. TRUSTEES, REMUNERATION AND RELATED PARTY TRANSACTIONS No trustees received remuneration during the year (2023: None). No trustees were reimbursed for personal expenses during the year {2023: None). Where Trustees (or parties related to them) use the services of the charity, they are received on the same terms as other beneficiaries. The total donations received from all trustees during the year were £23,210. The donors did not attach any conditions which might alter the nature of the Charity s existing activities. There were no other related party transactions for the year ended 31 March 2024. LinkAble Annual Report April 2023 to March 2024 36
erIng • SUPWtirKJ. d1rj • C(r1]IJ LinkAble LinkAble_Woking LinkAble www.linkable.org.uk Reglstered wlth FR FUNDRAISING REGULATOR