2020-12-31-accounts - Ability North London

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Charity Number 1121171

ABILITY NORTH LONDON FINANCIAL STATEMENTS 31 DECEMBER 2020

ABILITY NORTH LONDON

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2020

CONTENTS	PAGE
Trustees and professional advisers	1
Trustees Annual Report	2
Statement of Trustees responsibilities	5
Independent examiner's report to the trustees	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9-11

ABILITY NORTH LONDON

TRUSTEES AND PROFESSIONAL ADVISERS

Registered charity name	ABILITY NORTH LONDON
Charity number	1121171
Principal office	24 Fountayne Road
	London
	N16 7DX
Trustees	A Schlesinger
	S Fischer
	J Stroh
Managing Director	ASchlesinger
Secretary	R Fischer
Independent examiner	JS&Co Accountants Ltd
	51 Craven Park Road
	London
	N15 6AH
Bankers	NAT WEST
	Stoke Newington Branch
	198 Stoke Newington High St
	London
	N16 7GA

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ABILITY NORTH LONDON

STATEMENT OF TRUSTEES' RESPONSIBILITIES

YEAR ENDED 31 DECEMBER 2020

The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 December 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Reference and administrative details are shown in the schedule of trustees and professional advisers on page 1 of the financial statements.

THE TRUSTEES

The trustees who served the company during the period were as follows:

A Schlesinger S Fischer J Stroh

There is no chief executive officer nor any other staff employed in the charity. The day to day affairs are undertaken by the charity’s founder, A Schlesinger on behalf of the trustees.

All major decisions are taken collectively by the trustees.

The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Ability North London is constituted under a deed dated 24 November 2004. It is a registered charity number 1121171 and was registered on 12 October 2007.

Recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.

RISK REVIEW

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.

OBJECTIVES AND ACTIVITIES

Ability North London was established by a group of parents of disabled young people and adults to support parents/carers of a disabled young person/adult. Our primary objectives are:

To provide crucial respite to the parent’s /carers and families of these challenged individuals.
To improve the lives of young people/adults with physical/mental disabilities by providing a variety of sport and leisure activities.
To support our users and their parents/carers to stay together as a family unit, thus reducing the risk of family break up and of users having to go into care.

We provide sport and leisure projects on Sundays, weekday evenings and school holidays. We have recruited a team of qualified and experienced youth workers whose positive attitude and targeted approach contribute to the good quality of the project.

The Merlin Pass enabled the users to visit popular theme parks on a regular basis at substantially reduced rates.

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ABILITY NORTH LONDON

STATEMENT OF TRUSTEES' RESPONSIBILITIES

YEAR ENDED 31 DECEMBER 2020

STRUCTURE AND MANAGEMENT

A Senior Carer manages the daily running of activities, reporting weekly to the Director of Services. The Director reports quarterly to the trustees on the general running of projects and more frequently where issues need to be addressed. The trustees are responsible for final decisions. Wherever possible, decisions are made in consultation with parents, users, carers and staff.

RISK MANAGEMENT

The trustees have put in place systems to identify risks and review the systems regularly.

A REVIEW OF OUR ACHIEVEMENTS AND PERFORMANCES

This year has been a very productive one for Ability North London.

We are delighted to welcome our new Project Manager, Rachel G is already doing an admirable job. which includes creating a fantastic programme and ensuring the smooth running of it. She has introduced achieving chefs cookery class and DIY- A Series of hands on courses designed to teach life skills and boost users independence..

Our users numbers are increasing at a 205 annual rate, reflecting our well rounded support service and great local reputation

Regarding the investment we purchased, while we enjoyed its immediate benefit we are developing it currently so that its value will appreciate enabling us to sell it at a profit and reinvest with the aim being to have enough capital to buy our own suitable premises. This

will give stability to the charity and financial sustainability as outlined in our financial strategy summit.

The charity received £182,085 in donations during the year and £65,509 through grants. There was a surplus of £45,934 for the year, however it has been part earmarked for projects extending to the following year.

Outcomes for beneficiaries and organisation by far exceeded our expectations. In a survey completed by users and stakeholders

100% of users shared that they enjoy the sessions and feel they are well run

95% Reported health and wellbeing improvements, particularly citing swimming and cycling

90% shared that they benefit socially and have made new friendships which extend out of club hours too

80% of young people reported that their Rosenberg Self Esteem scores improved and connected this progress to our club.

Our organization is so proud of each and every user. We celebrated achievements at a celebratory event and awarded certificates to users that recognised a special achievement for each disabled user.

Financially, we are confident with our reserves levels and are pleased with sustainable funding resources from our investment. We are extremely proud to receive continuous funding

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ABILITY NORTH LONDON

STATEMENT OF TRUSTEES' RESPONSIBILITIES

YEAR ENDED 31 DECEMBER 2020

from Community Partnerships of Hackney council and appreciate that they believe in us and the ABLE people we support.

Funding from St James Place Foundation also helped us fulfil our vision for these users. to say that financially we have managed to do well enough to pay for all our improvements.

QUOTES: "ANL is my safe place, i can just be myself and i am loved for who i am. Here my wheelchair feels like a throne and i feel honoured and respected. Mordy 17, user"

My son engaged in sport club very reticently, but now he loves it and has a great time. His physiotherapist and doctors cannot believe the global impact these activities has on his health.

RESERVES

The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure, and they feel fortunate in having been able to maintain that level of reserves.

PLANS FOR THE FUTURE

As part of our ongoing plans for the future, we are looking to carry on with our successful work and are constantly fundraising to cover our expenses.

As a long term goal, Ability North London is trying to increase its assets and is actively fundraising for a Day Centre. This will provide customised facilities to meet the needs of our users.

We are always seeking to fill the needs of our service users and we are hoping to incorporate some vital skills particularly in training and employment as part of our programme. This will enable the service users to better their future chances in life. We are seeking funds to cover this additional expense.

Signed on behalf of the trustees

Trustee

14 October 2021

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ABILITY NORTH LONDON

STATEMENT OF TRUSTEES' RESPONSIBILITIES

YEAR ENDED 31 DECEMBER 2020

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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ABILITY NORTH LONDON

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2020

I report on the accounts of the charity for the year ended 31 December 2020 set out on pages 7 to 10.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Act”) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Act;
to follow the procedures laid down in the general directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act); and
state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention:

a) which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with Section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

JS&Co Accountants Ltd 51 Craven Park Road London N15 6AH

14 October 2021

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ABILITY NORTH LONDON

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2020

Notes £ £ £ INCOMING RESOURCES Restricted funds Unrestricted funds Total 2020 Incoming resources from generated funds Public Sector Grants 0 Parental contribution 3 102,789 102,789 Other grants and donations 4 65,509 79,296 144,805 Total Incoming resources 65,509 182,085 247,594 RESOURCES EXPENDED 5 Cost of Generating funds Fundraising Costs 12,115 12,115 Costs of charitable activities Services running Cost 80,609 106,495 187,104 Governance costs 2,441 2,441 Total resources expended 80,609 121,051 201,660 NET INCOMING/(OUTGOING) -15,100 61,034 45,934 RESOURCES RECONCILIATION OF FUNDS Total funds brought forward 45,459 162,052 207,511 TOTAL FUNDS CARRIED FORWARD 30,359 223,086 253,445	Notes £ £ £ INCOMING RESOURCES Restricted funds Unrestricted funds Total 2020 Incoming resources from generated funds Public Sector Grants 0 Parental contribution 3 102,789 102,789 Other grants and donations 4 65,509 79,296 144,805 Total Incoming resources 65,509 182,085 247,594 RESOURCES EXPENDED 5 Cost of Generating funds Fundraising Costs 12,115 12,115 Costs of charitable activities Services running Cost 80,609 106,495 187,104 Governance costs 2,441 2,441 Total resources expended 80,609 121,051 201,660 NET INCOMING/(OUTGOING) -15,100 61,034 45,934 RESOURCES RECONCILIATION OF FUNDS Total funds brought forward 45,459 162,052 207,511 TOTAL FUNDS CARRIED FORWARD 30,359 223,086 253,445	£ Total 2019 0 50,810 103,781
	65,509 182,085 247,594 12,115 12,115 80,609 106,495 187,104 2,441 2,441 80,609 121,051 201,660 -15,100 61,034 45,934 45,459 162,052 207,511 30,359 223,086 253,445	154,591 30,283 84,919 15,402
		130,604 23,987 183,524
		207,511

The Notes form part of the financial statements

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ABILITY NORTH LONDON

2020 Notes £ £ FIXED ASSETS Investments 6 640,114 Fixtures & Fittings 7 51,099 691,213 CURRENT ASSETS: Other Debtors 69,459 Cash at bank and in hand 19,419 88,878 CREDITORS: amounts falling due within one year 8 -132,274 Net Current assets/(liabilities) 647,817 CREDITORS: amounts falling 9 -394,372 due after more than one year NET ASSETS: 253,445 FUNDS 10 Restricted funds 30,359 Unrestricted funds 223,086 TOTAL FUNDS 253,445 BALANCE SHEET 31-Dec-20	2019 £ £ 513,091 8,874 521,965 39,716 39,716 -6,485 555,196 -347,685 207,511 45,459 162,052 207,511	2019 £ £ 513,091 8,874 521,965 39,716 39,716 -6,485 555,196 -347,685 207,511 45,459 162,052 207,511

		-347,685 207,511
		45,459 162,052
		207,511

Approved by the board of Trustees on: 14 October 2021 And signed on their behalf by:

Trustee

The Notes form part of these financial statements

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ABILITY NORTH LONDON

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020

1 ACCOUNTING POLICIES

Accounting convention

These accounts have been prepared in accordance with the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015). In preparing the accounts, the charity follows best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) issued in March 2005. Where there is a conflict between the FRSSE and the SORP, the SORP has been adopted in accordance with paragraph 419ff of the SORP.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost residual value of each asset over its expected useful life, as follows:

Fixture and fittings - 20% reducing balance Van - 20% reducing balance

2 TRUSTEES REMUNERATION AND BENEFITS

There were no trustees remuneration or other benefits for the year ended 31 December 2020.

Trustees Expenses

There were no trustees expenses paid for the year ended 31 December 2020.

3 PARENTAL CONTRIBUTION

These are the funds that were received by parents from the Local Authority, and were forwarded to the Charity

4 OTHER GRANTS AND DONATIONS

A list of grants and donations received are available from the office upon request in writing.

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ABILITY NORTH LONDON

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2020

6 INVESTMENTS

INVESTMENTS 2020 2019 £ £ UK Investment Property 640,114 513,091

The fixed asset investment is held primarily to provide an investment return for the charity and is valued at historical cost.

7 FIXED ASSETS

Fixture and fittings £ 1,085	Van £ 34,448 55,000 89,448	Totals £ 35,533 55,000
1,085		90,533
818 53	25,841 12,721 38,562 50,886	26,659 12,775
871 214		39,434 51,099
267	8,607	8,874
At 1.01.20 £ 45,459 162,052	2020 £ 744 131,530 132,274 2020 £ 394,372 394,372 Net movement in funds £ -15,100 61,034 45,934	2019 £ 660 5,825
		6,485
		2019 £ 347,685
		347,685
		At 31.12.20 £ 30,359 223,086
207,511		253,445

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Net movement in funds, included in the above are as follows:

Restricted funds Grants Unrestricted funds General fund TOTAL FUNDS	Incoming Rescources resources expended £ £ 65,509 80,609 182,085 121,051 247,594 201,660	Movement in funds £ -15,100 61,034
		45,934

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ABILITY NORTH LONDON

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020

INCOMING RESOURCES

Incoming resources from generated funds Public Sector Grants Parental contribution 4 Other grants and donations Total incoming resources 5 RESOURCES EXPENDED Fundraising Costs Services running Cost Wages & Salaries Insurance Telephone Advertising Printing, Postage & Stationary Rent & Admin expenses Food & refreshments Office expenses Sport and leisure activities Repairs and Maintenance Transport Donations Depreciation Governance costs Accountancy Professional fees Property investment expenses Total resources expended NET INCOME FOR THE YEAR RECONCILIATION OF FUNDS NET INCOME FOR YEAR Total Funds Brought Forward Total Funds Carried Forward	Restricted Unrestricted £ £ 102,789 65,509 79,296 65,509 182,085 12,115 24,370 44,502 2,321 496 1,442 3,063 4,046 14,490 16,802 11,396 3,911 1,026 18,250 2,199 1,760 6,554 7,280 10,421 12,775 80,609 118,610 744 1,697 0 2,441 80,609 121,051 -15,100 61,034 -15,100 61,034 45,459 162,052 30,359 223,086	Total 2020 £ 0 102,789 144,805 247,594 12,115 68,872 2,321 496 1,442 7,109 31,292 15,307 1,026 20,449 8,314 17,701 0 12,775 199,219 744 1,697 0 2,441 201,660 45,934 45,934 207,511 253,445	Total 2019 £ 0 50,810 103,781
			154,591 30,283 55,920 835 28 0 1,601 5,645 7,293 0 4,902 0 5,959 517 2,219
			115,202 660 54 14,688
			15,402 130,604 23,987 23,987 183,524
			207,511

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