**Charity Number 1121171**
## **ABILITY NORTH LONDON FINANCIAL STATEMENTS 31 DECEMBER 2021**
## **ABILITY NORTH LONDON**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 DECEMBER 2021**
|**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**|J Masteran|
|**Secretary**|R Fischer|
|**Independent examiner**|JS&Co Accountants Ltd|
||26 Theydon Road|
||London E5 9NA|
|**Bankers**|NAT WEST|
||Stoke Newington Branch|
||198 Stoke Newington High St|
||London|
||N16 7GA|
**- 1 -**
## **ABILITY NORTH LONDON**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 DECEMBER 2021**
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 December 2021.
## **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 with J Masteran in charge of the activities.
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.
**- 2 -**
## **ABILITY NORTH LONDON**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 DECEMBER 2021**
## **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 happy to report that our day centre is now open Sunday – Friday from 9am until 4pm and our after school club from 4pm – 7pm Sunday – Thursday.
Our users numbers keep on increasing reflecting our well rounded support service and great local reputation
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 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.
**- 3 -**
## **ABILITY NORTH LONDON**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 DECEMBER 2021**
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.
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**
19 October 2022
**- 4 -**
## **ABILITY NORTH LONDON**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 DECEMBER 2021**
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.
**- 5 -**
## **ABILITY NORTH LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 DECEMBER 2021**
I report on the accounts of the charity for the year ended 31 December 2021 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.
Balazs Nezmi FCCA JS&Co Accountants Ltd 26 Theydon Road London E5 9NA
19 October 2022
**- 6 -**
## **ABILITY NORTH LONDON**
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2021
|Notes
£
£
£
**INCOMING RESOURCES**
Restricted
funds
Unrestricted
funds
Total 2021
**Incoming resources from generated funds**
Social Services
83,543
83,543
Parental contribution
3
76,978
76,978
Grants and donations
4
43,379
182,918
226,297
**Total Incoming resources**
43,379
343,439
386,818
**RESOURCES EXPENDED**
5
**Cost of Generating funds**
Fundraising Costs
35,744
35,744
**Costs of charitable activities**
Services running Cost
50,968
246,466
297,434
**Governance costs**
7,091
7,091
**Total resources expended**
50,968
289,301
340,269
**NET INCOMING/(OUTGOING)**
-7,589
54,138
46,549
**RESOURCES**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
30,359
223,086
253,445
**TOTAL FUNDS CARRIED FORWARD**
**22,770**
**277,224**
**299,994**|Notes
£
£
£
**INCOMING RESOURCES**
Restricted
funds
Unrestricted
funds
Total 2021
**Incoming resources from generated funds**
Social Services
83,543
83,543
Parental contribution
3
76,978
76,978
Grants and donations
4
43,379
182,918
226,297
**Total Incoming resources**
43,379
343,439
386,818
**RESOURCES EXPENDED**
5
**Cost of Generating funds**
Fundraising Costs
35,744
35,744
**Costs of charitable activities**
Services running Cost
50,968
246,466
297,434
**Governance costs**
7,091
7,091
**Total resources expended**
50,968
289,301
340,269
**NET INCOMING/(OUTGOING)**
-7,589
54,138
46,549
**RESOURCES**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
30,359
223,086
253,445
**TOTAL FUNDS CARRIED FORWARD**
**22,770**
**277,224**
**299,994**|£
Total 2020
0
102,789
144,805|
|---|---|---|
||43,379
343,439
386,818
35,744
35,744
50,968
246,466
297,434
7,091
7,091
50,968
289,301
340,269
-7,589
54,138
46,549
30,359
223,086
253,445
**22,770**
**277,224**
**299,994**|247,594
12,115
187,104
2,441|
|||201,660
45,934
207,511|
|||**253,445**|
The Notes form part of the financial statements
**-7-**
## **ABILITY NORTH LONDON**
|2021
Notes
£
£
**FIXED ASSETS**
Investments
6
613,538
Fixtures & Fittings
7
40,880
654,418
**CURRENT ASSETS:**
Other Debtors
3,196
Cash at bank and in hand
40,241
43,437
**CREDITORS: amounts falling**
**due within one year**
8
-3,489
**Net Current assets/(liabilities)**
694,366
**CREDITORS: amounts falling**
9
-394,372
**due after more than one year**
**NET ASSETS:**
299,994
**FUNDS**
10
Restricted funds
22,770
Unrestricted funds
277,224
**TOTAL FUNDS**
299,994
BALANCE SHEET
31-Dec-21|2020
£
£
640,114
51,099
691,213
69,459
19,419
88,878
-132,274
647,817
-394,372
253,445
30,359
223,086
253,445|2020
£
£
640,114
51,099
691,213
69,459
19,419
88,878
-132,274
647,817
-394,372
253,445
30,359
223,086
253,445|
|---|---|---|
||||
|||-394,372
253,445|
|||30,359
223,086|
|||253,445|
Approved by the board of Trustees on: 19 October 2022 And signed on their behalf by:
Trustee
The Notes form part of these financial statements
**-8-**
## **ABILITY NORTH LONDON**
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2021
## 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 2021.
## **Trustees Expenses**
There were no trustees expenses paid for the year ended 31 December 2021.
## 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.
**-9-**
## **ABILITY NORTH LONDON**
## NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2021
## 6 **INVESTMENTS**
**INVESTMENTS** 2021 2020 £ £ UK Investment Property 613,538 640,114
The fixed asset investment is held primarily to provide an investment return for the charity and is valued at historical cost.
7 **FIXED ASSETS**
|**COST:**
At 1 January 2021
Additions
At 31 December 2021
**DEPRECIATION:**
At 1 January 2021
Charge for year
At 31 December 2021
**NET BOOK VALUE:**
At 31 December 2021
At 31 December 2020
8
**CREDITORS**
**DUE WITHIN ONE YEAR**
Accruals
other creditors
9
**CREDITORS**
**DUE AFTER ONE YEAR**
Bank loans and overdrafts
**Restricted funds**
Grants
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Fixture and
fittings
£
1,085|Van
£
89,448
89,448|Totals
£
90,533
0|
|---|---|---|---|
||1,085||90,533|
||871
43|38,562
10,177
48,739
40,709|39,433
10,220|
||914
171||49,653
40,880|
||214|50,886|51,100|
||At 1.01.21
£
30,359
223,086|2021
£
996
2,493
3,489
2021
£
394,372
394,372
Net movement
in funds
£
-7,589
54,138
46,549|2020
£
744
131,530|
||||132,274|
||||2020
£
394,372|
||||394,372|
||||At 31.12.21
£
22,770
277,224|
||253,445||299,994|
**-11-**
Net movement in funds, included in the above are as follows:
|**Restricted funds**
Grants
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
Rescources
resources
expended
£
£
43,379
50,968
343,439
289,301
386,818
340,269|Movement in
funds
£
-7,589
54,138|
|---|---|---|
|||46,549|
**-11-**
## **ABILITY NORTH LONDON**
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2021
## **INCOMING RESOURCES**
|**Incoming resources from generated funds**
Social Services
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
Clothing
Office expenses
Sport and leisure activities
Repairs and Maintenance
Cleaning
Transport
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
£
£
83,543
76,978
43,379
182,918
43,379
343,439
35,744
25,008
82,323
6,484
3,413
7,332
9,239
23,608
17,930
3,495
2,172
21,500
45,995
3,236
2,165
4,460
28,854
10,220
50,968
282,210
996
6,095
0
7,091
50,968
289,301
-7,589
**54,138**
-7,589
54,138
30,359
223,086
22,770
277,224|Total 2021
£
83,543
76,978
226,297
386,818
35,744
107,331
6,484
3,413
7,332
9,239
23,608
17,930
3,495
2,172
67,495
3,236
2,165
33,314
10,220
333,178
996
6,095
0
7,091
340,269
**46,549**
46,549
253,445
299,994|Total 2020
£
0
102,789
144,805|
|---|---|---|---|
||||247,594
12,115
68,872
2,321
496
1,442
7,109
31,292
15,307
0
1,026
20,449
8,314
0
17,701
12,775|
||||199,219
744
1,697
0|
||||2,441
201,660
**45,934**
45,934
207,511|
||||253,445|
**-10-**