## **ADDVENTURE IN LEARNING**
**Registered Charity Number 1124953 FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023**
## **ADDVENTURE IN LEARNING**
## **INDEX**
|**Page**||
|---|---|
|1 – 3|Report of the Trustees|
|4|Independent Examiner’s Report|
|5|Receipts and Payments Account|
|6|Statement of Assets and Liabilities|
|7|Notes to the Financial Statements|
1
## **ADDVENTURE IN LEARNING**
## **Report of the Trustees - year ended 31 December 2023**
The trustees present their report together with the Financial Statements of the Charity for the year ended 31 December 2023.
## **Charity Registration Number: 1124953**
## **The trustees who served during the year were: -**
Mrs Janet Whapples Mr Paul Cripwell Ms Mary Goodlad Ms Judy James
Mrs Roslyn Oliver Mrs Isobell Phillips Mrs Barbara Rickitt Mr David Killick
## **Bankers**
Lloyds Bank plc. Bristol Branch Corn Street Bristol BS99 7LE
## **Independent Examiner**
## **Administrator**
Alan James Bevan FCA 19a Fulmer Drive Gerrards Cross SL9 7HH
Mrs Isobel Phillips 2 Holly Drive Penyffordd Chester CH4 0NE
## **Governing Instrument**
The Charity is governed by a Declaration of Trust dated 9 April 2008, as amended by the Constitution adopted at the AGM in May 2015 and subsequently amended by AGMs in August 2017, October 2021, and November 2023.
2
## **ADDVENTURE IN LEARNING**
## **Report of the Trustees (continued) - year ended 31 December 2023**
## **Aim and Object of the Charity**
The object of the charity is to make advancement of education for adults with a visual impairment in particular, but not exclusively by:
- Developing, delivering, and evaluating accessible learning opportunities.
- • Developing resources
In planning our activities for the year, we kept in mind the Charity Commission’s guidance on public benefit. The focus of our activities remains in providing courses and outings to the visually impaired person which would give access to lifelong learning. Any surplus funds which are not likely to be needed to pay for activities are placed on deposits to earn interest.
## **Accounting Policies**
The Accounting Policies adopted by the trustees are detailed in Note 1 to the Financial Statements.
## **Chairman’s Report on the year’s activities**
During the year, the trustees have continued to promote the objectives of the charity and secured a further £31,131(2022 £25,208) in course fees and donations. At our AGM in August 2018, we took the decision to continue to waive the membership fee for the forthcoming year and we will keep this decision under review for the future.
In 2023 we were delighted to be able to hold three courses during the year (2022 three courses), that gave access to lifelong learning to visually impaired members.
Expenditure on courses during 2023 amounted to £26,544 (2022 £28,350). The courses took place in Torquay, Leicester and Circencester. These courses included visits to museums, art galleries, exhibitions, and places of worship, as well as guided touch tours and talks and lectures by experts on related subjects.
## **Reserves Policy**
The trustees wish to maintain a programme of course fees and donations to serve its members. No significant overheads are incurred at present, but it is envisaged that some additional administration costs may be incurred in the future. Excluding any committed unrestricted funds, the trustees believe that a minimum reserve of £10,000 is sufficient to mitigate expenses and contingencies at present, and the trustees are therefore comfortable with the current reserves.
3
## **ADDVENTURE IN LEARNING**
## **Report of the Trustees (continued) - year ended 31 December 2023**
## **Income and Expenditure**
The main source of funds has been payments received for courses which took place in 2023 Expenses were incurred by the issue of a quarterly newsletter, administration, and website costs.
## **Administration and Accounts**
The trustees hold regular meetings during the year at which details of courses and costs are reviewed Management reports summarising the current financial position are also prepared, allowing the trustees to ascertain the level of funds available for courses.
The trustees are required 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 results of that Charity for that period.
In preparing those financial Statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the Financial Statements on a 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 which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial Statements comply with the Charities Act 2011. They 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.
Approved by the Board of Trustees on ……..
and signed on its behalf by:
## **Mr David Killick**
4
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ADDVENTURE IN LEARNING**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2023.
## **Responsibilities and basis of report**
As the charity's trustees, 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 Trust’s 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 which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- 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.
Alan James Bevan 19a Fulmer Drive Gerrards Cross SL9 7HH
signed A.J. Bevan FCA
Date
5
## **ADDVENTURE IN LEARNING**
## **RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 December 2023**
|**RECEIPTS**
**Income**
Course Fees
Membership Fees
Donations
Gift Aid Receipts
**Other Receipts**
Bank Interest
**Total Receipts**
**PAYMENTS**
**Payments for Generating Funds**
Course Fees (2)
Coach Transport (2)
Board, Lodgings and Meals (2)
**Management and Administration Costs**
Management and Administration (3)
**Total Payments**
**Net Receipts / Payments**
Cash Funds at 1 January 2023
**Cash Funds at 31 December 2023**|Income
fund
2023
£
31,131
-
-
-
31,131
292
31,423
1,806
2,980
21,758
26,544
591
27,135
4,288
29,863
34,151|Income
Fund
2022
£
23,183
-
2,025
-|
|---|---|---|
|||25,208
10|
|||25,218|
|||1,652
1,014
25,684|
|||28,350
450|
|||28,800|
|||(3,582)
33,445|
|||29.863|
6
## **ADDVENTURE IN LEARNING**
## **STATEMENT OF ASSETS AND LIABILITIES At 31 December 2023**
|**Cash Funds**
Treasurer’s Account
Deposit Account
**Total**|Income
Fund
2023
£
15,675
18,476
34.151|Income
Fund
2022
£
11,678
18,185|
|---|---|---|
|||29,863|
## **Mr David Killick**
7
## **ADDVENTURE IN LEARNING**
**Notes to the Financial Statements For the year ended 31 December 2023**
## (1) **Accounting Policies**
## **Basis of Accounting**
These financial statements have been prepared on a receipts and payments basis and in accordance with the relevant provisions of the Statement of Recommended Practice 2005 ‘Accounting and reporting by charities’.
## (2) **Course receipts and payments**
||2024|A Christie|Leicester|Circencester|2022|2023|2022|
|---|---|---|---|---|---|---|---|
||Courses|Course|Course|Course|Courses|Total|Total|
|Receipts|836|10,930|10,670|
8,695|-|31,131|23,183|
|Payments|-|9,545|8,988|8,011|-|26,544|28,350|
||836|1,385|1,682|684|-|4,587|(5,167)|
## (3) **Management and Administration Expenses**
2023 £ Newsletter - Website 300 Insurance 187 Sundry 104 TOTAL 591