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← Advonet

2025-03-31-accounts

Registered number: 04229975 Charity number: 1126132

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the charity, its Trustees and advisers 1 - 2
Trustees' report 3 - 9
Independent auditors' report on the financial statements 10 - 13
Consolidated statement of financial activities 14
Consolidated balance sheet 15 - 16
Charity balance sheet 17 - 18
Consolidated statement of cash flows 19
Notes to the financial statements 20 - 44

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees R Beck
S Burke
W Case(resigned 30 August 2024)
J Champaneria(appointed 3 July2024)
M Ghosh(appointed 3 July2024,resigned 5 June 2025)
S Gill(resigned 19 June 2024)
P J Gruen
K M Kirwin(appointed 24 September 2025)
E Long (resigned 25 July2024)
Dr N Nicholson(appointed 23 July2025)
Dr I Nip
Dr M Roberts(appointed 3 July2024,resigned 26 June 2025)
R Porter
N Stone(appointed 23 July2025)
K Tandel
E V Williams
M M Yip (resigned 30 August 2025)
Company registered
number
04229975
Charity registered number
1126132
Registered office
Unity Business Centre
26 Roundhay Road
Leeds
LS7 1AB
Company secretary
R S Whitmore (appointed 3 July 2024)
P S Bramson (resigned 3 July 2024)
Independent auditors
BHP LLP
Albert Works
Sidney Street
Sheffield
S1 4RG
Bankers
Unity Trust Bank plc
Four Brindleyplace
Birmingham
B1 2JB

Page 1

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Key management personnel P Bramson - Chief Executive (resigned July 2024)

C Watson - Finance Director (appointed January 2025) W Cork - Development Director and Deputy Chief Executive Officer N Hussain - Advocacy Director (resigned December 2023) A Ellis - CEO (appointed September 2024) L Kelly - Finance Director (resigned May 2023)

Page 2

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report together with the audited financial statements of the charity for the 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the group and the charity qualify as small under section 383 of the Companies Act 2006, the Group strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Introduction to the Trustee's Report

a. Chair's Introduction

As Chair of Trustees, I am proud to present this year’s annual report for Advonet. Whilst like many others in the sector, it has been a year of challenges, many of these out of our control. We have still achieved much that has helped local people to have a voice and achieve greater control. Our commitment to empowering adults across Yorkshire has never been stronger. We have re-designed our core values and these have shone through in our work; there is kindness, inclusivity, accountability, diversity, and empowerment in everything we do.

We have supported thousands of individuals through advocacy and self-advocacy, expanded our reach to new communities, and strengthened our partnerships with local organisations. These achievements are a testament to the dedication of our staff, volunteers, and fellow trustees, whose tireless efforts make our mission possible.

This year marked a significant transition for Advonet, with Angela Ellis appointed as CEO in September 2024, succeeding Philip Bramsom after 12 years of dedicated leadership. We thank Philip for his invaluable contribution and welcome Angela as she leads us into a new chapter.

Looking ahead, we remain focused on innovation, co-production, and ensuring that every voice is heard. Thank you to everyone who has contributed to our journey this year. Together, we continue to make meaningful differences.

Peter Gruen, Chair of The Advonet Group

b. Context of the Report

This report was prepared by the Board of Trustees. It contextualises the consolidated financial statements of the charity and its subsidiary, Leep1 CIC, for the year ending 31 March 2025. The financial statements are prepared to meet the requirements of a directors’ report and accounts for Companies Act purposes.

They comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

This report provides a detailed overview of The Advonet Group, a Leeds-based provider of advocacy-related services.

Page 3

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The Advonet Group

The Advonet Group's Aims and Objectives

The objectives of The Advonet Group are to relieve poverty and sickness and preserve and protect the health of the public irrespective of race, culture, gender, sexual orientation, religious beliefs, age or disability. In particular, the organisation’s aims include:

The Trustees review the aims and objectives of the organisation each year and in the current year, they did this as part of their Board Awayday. The Trustees have referred to the guidance issued by the Charity Commission on public benefit when reviewing our aims and objectives.

This review encompasses what we achieved and the outcomes of our work over the year ended 31 March 2025.

The Advonet Group's Mission, Vision and Values

Advonet exists to empower people to have their voices heard and take greater control over their lives. Our work is rooted in our values.

We provide independent advocacy services, support self-advocacy groups, and collaborate with local partners to ensure people’s rights are upheld and their voices heard.

We are proud to be a Disability Confident employer. 40% of colleagues have a disability, many of whom are autistic or have a learning disability.

The Advonet Group's Group Achievements in 24-25

Public Benefit

The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Our services are free, accessible, and targeted at those who face barriers due to disability, mental health, or social exclusion.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The Advonet Group's Group Achievements in 24-25 (continued)

a. Overall Achievements of The Advonet Group

During the year, we:

Feedback from service users highlighted increased confidence, better understanding of rights, and improved access to services.

“It's so nice to finally talk to someone who I can relate to and can relate to me. I was hoping this is what would happen when I got diagnosed … it's the most helpful and reassuring thing that I can imagine. Thank you so much for doing this" (AIM Post- Diagnosis Client)

“The advocate did really well and didn't need to do anything differently. I was grateful and happy to have someone who actually listened” (Health Complaints advocacy client)

“Thank you for all you are doing. I genuinely do not know where I would be without you and your support, knowledge and understanding” (Care Act advocacy client)

“General thank you for the organisation and a personal thank you for listening” (person making an enquiry through the First Contact Team)

“Your workshop plans look fantastic! It's a really perfect example of embedding digital into your project and not segregating it into it's own siloed bit. You're using digital tools and resources as an enabler to the wider aims of the project” (feedback from 100% Digital Leeds)

The Future

At the Board awayday in January 2025, trustees were joined by members of the Advonet Senior Leadership Team and the following priorities were agreed for the 2025/26 Business Plan:

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Structure Governance and Management

Advonet is a charitable company limited by guarantee, governed by its Articles of Association. The board of trustees meets quarterly and oversees strategic direction, risk management, and compliance.

Details of the registered number and office are given on Page 1.

Recruitment and appointment of Trustees

New trustees are recruited through open calls and engagement with local umbrella and trade bodies. Trustees receive induction training and one of the trustees is the named safeguarding lead who attends regular training. In addition, all trustees have been offered sexual harassment training since the legislative changes in October 2024.

Trustee Recruitment and Development Process

Potential trustees first meet with the CEO to learn about the role. Following this meeting, they are encouraged to attend board meetings as observers. If they remain interested, they are interviewed by the Chair and another trustee. Upon joining the Board, new trustees are immediately offered an induction to familiarize themselves with the organisation’s policies, procedures, and structures. All trustees attend a formal induction session with the Chair and the Chief Executive. Trustees undergo an annual performance review with the Chair. They also have access to the organisation’s online training programme. Additional training is provided to trustees individually or as a group, based on emerging training needs.

Annual audits capture Trustees’ skills and key characteristics in order to facilitate targeted recruitment when a vacancy occurs.

Board and Leadership Structure

The Board meets at least four times a year and is responsible for the strategic direction and governance of the organisation, as well as determining its policies. Throughout the financial year, the Resources, Quality & Operations and Development sub-groups also meet quarterly.

Sub-Groups:

Resources Sub-Group: Focuses on finance, health and safety, and data protection. Quality & Operations Sub-Group: Concentrates on service delivery, the quality regime, policies and procedures, service quality, and HR.

Development Sub-Group: Deals with communications, horizon scanning, and business development strategy. The sub-groups delve into greater detail about the organisation’s activities and plans.

The Board delegates the operational running of the organisation to the Senior Leadership Team (SLT), headed by the Chief Executive, who is appointed by the Board to manage day-to-day operations.

Key management remuneration

During the financial year ending 31 March 2025, the Senior Leadership Team, listed above made up the organisation’s key personnel.

The key management's pay award is set by the Board following a benchmarking exercise which compared the salaries of similar roles in comparable organisations. No employee earned more than £60,000 per annum in the current or previous financial year.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Risk and Opportunity Management

The charity trustees have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks.

The Board Development Subgroup conducts a quarterly review of the risks and opportunities facing the organisation. The full Board completes a comprehensive review during its Annual Awayday. These findings are documented in the Risk Register, which considers Governance, Operational, Financial, and Environmental/Social/Political factors.

The register assesses the potential impact and likelihood of each risk, the existing controls and additional measures that could mitigate these risks. The Senior Leadership Team maintains this process, with oversight from the Development Subgroup.

At the last review, the principal risks and uncertainties identified were the loss of funding, the impact of inflation on contracts and staff retention and changes in health and social care policy. These risks are managed by developing strong strategic partnerships with funders and other stakeholders, implementing an organisation-wide efficiencies programme and diversifying funding sources.

Financial Review

Advonet ended the year with a balanced budget. Total income was £2,097,069 (2024: £2,248,215), primarily from local authority contracts and grants. Expenditure was £2,258,959 (2024: £2,337,634) with reserves maintained in line with our policy to cover three months of core costs.

Reserves totalled £397,757 (2024: £559,647) of which £313,905 (2024: £418,111) were unrestricted and £83,852 (2024: £141,536) were restricted.

In early 2025, the Board of Trustees made the difficult decision to close Café Leep and begin insolvency proceedings for Leep1. This was due to sustained financial pressures, including rising wage and operational costs, which had led to ongoing deficits. To protect Advonet’s reserves, the café and training offer, which faced the greatest financial strain, was not viable to continue and ceased operating in February 2025. Other services and funded projects were transferred into Advonet, along with the staff delivering them after securing additional funding.

No significant uncertainties or ongoing concern issues were identified.

The Advonet Group's Reserves Policy

The trustees have established a reserves policy to ensure the charity can continue to meet its objectives in the event of unforeseen financial difficulties. At the end of the financial year, the charity held £167,586 (2024: £271,792) in free reserves.

Principal Risks and Uncertainties

Mitigation strategies are in place for each of these risks, including regular reviews, trustee oversight and robust income generation plans.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Funds Held as Custodian Trustee

Advonet did not hold any funds as a custodian trustee on behalf of other charities during the financial year.

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and the charity and of their incoming resources and application of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Group and the charity's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:

Auditors

The auditors, BHP LLP, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Approved by order of the members of the board of Trustees and signed on their behalf by:

Signer ID: CHAKOIO4SH...

E V Williams

Date: 17/12/2025 GMT

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ADVONET

We have audited the financial statements of Advonet (the ‘parent charitable company’) and its subsidiary (the 'group') for the year ended 31 March 2025, which comprise the consolidated statement of financial activities, the consolidated balance sheet, the company balance sheet, the consolidated statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees' report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ADVONET (CONTINUED)

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ADVONET (CONTINUED)

decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We assessed the susceptibility of the charitable group’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by;

To address the risks of fraud through management bias and override controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the FRC's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ADVONET (CONTINUED)

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Signer ID: WKOLTHN6RI... Rachel Heath (Senior statutory auditor)

for and on behalf of

BHP LLP

Chartered Accountants Albert Works Sidney Street Sheffield S1 4RG

Date: 18/12/2025 GMT

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2025

Note
Income from:
Donations and legacies
4
Charitable activities
5
Investments
6
Other income
7
Total income
Expenditure on:
Charitable activities
9
Total expenditure
Net income/(expenditure) before taxation
Taxation
Net income/(expenditure) after taxation
Transfers between funds
18
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
4,980
890,000
5,613
1,590
902,183
691,802
691,802
210,381
-
210,381
(314,587)
(104,206)
418,111
(104,206)
313,905		 Restricted
funds
2025
£
-
1,194,886
-
-
1,194,886
1,567,157
1,567,157
(372,271)
-
(372,271)
314,587
(57,684)
141,536
(57,684)
83,852		 Total
funds
2025
£
4,980
2,084,886
5,613
1,590
2,097,069
2,258,959
2,258,959
(161,890)
-
(161,890)
-
(161,890)
559,647
(161,890)
397,757		 Total
funds
2024
£
6,082
2,234,566
5,417
2,150
2,248,215
2,337,634
2,337,634
(89,419)
1,603
(87,816)
-
(87,816)
647,463
(87,816)
559,647

The Consolidated statement of financial activities complies with the requirements for an income and expenditure account under the Companies Act 2006 and includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

REGISTERED NUMBER: 04229975

CONSOLIDATED BALANCE SHEET

AS AT 31 MARCH 2025

Note
Fixed assets
Tangible assets
13
Current assets
Stocks
15
Debtors
16
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one year
17
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
18
Unrestricted funds
18
Total funds		 5,789
448,315
345,765
799,869
(406,906)		 2025
£
4,794
4,794
392,963
397,757
397,757
83,852
313,905
397,757		 9,504
520,098
381,045
910,647
(364,699)		 2024
£
13,699
13,699
545,948
559,647
559,647
141,536
418,111
559,647

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee) REGISTERED NUMBER: 04229975

CONSOLIDATED BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Signer ID: CHAKOIO4SH...

E V Williams

Date: 17/12/2025 GMT

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

REGISTERED NUMBER: 04229975

CHARITY BALANCE SHEET

AS AT 31 MARCH 2025

Note
Fixed assets
Tangible assets
13
Investments
14
Current assets
Stocks
15
Debtors
16
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one year
17
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
18
Unrestricted funds
18
Total funds		 5,789
323,334
325,480
654,603
(245,948)		 2025
£
4,504
-
4,504
408,655
413,159
413,159
56,399
356,760
413,159		 8,989
485,689
370,302
864,980
(329,690)		 2024
£
13,300
10
13,310
535,290
548,600
548,600
141,536
407,064
548,600

The charity's net movement in funds for the year was £(135,441) (2024 - £(78,351)).

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

REGISTERED NUMBER: 04229975

CHARITY BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Signer ID: CHAKOIO4SH...

E V Williams

Date: 17/12/2025 GMT

The notes on pages 20 to 44 form part of these financial statements.

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Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

Note
Cash flows from operating activities
Net cash used in operating activities
21
Cash flows from investing activities
Interest received
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Net cash provided by investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
22		 2025
£
(40,514)
5,613
-
(379)
5,234
(35,280)
381,045
345,765		 2024
£
(308,589)
5,417
110
(3,636)
1,891
(306,698)
687,743
381,045

Page 19

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. General information

The charitable company is limited by guarantee, with the liability of members limited to £1 per member. The charitable company is registered in England and Wales with the Charity Commission. The registered office is Unity Business Centre, 26 Roundhay Road, Leeds, LS7 1AB.

If upon winding up or dissolution of the charitable company there remain any assets, after satisfying all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having objectives similar to the Charity.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Advonet meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Consolidated statement of financial activities (SOFA) and Consolidated balance sheet consolidate the financial statements of the charity and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis.

The charity has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of financial activities in these financial statements.

2.2 Going concern

As outlined in note 27, on 29 August 2025, the charity's trading subsidiary LEEP1 CIC entered a process of voluntary liquidation. The Trustees consider that this development does not have a material impact on the overall going concern status of the group.

The trustees believe that Advonet, as a standalone entity, maintains adequate reserves and has reliable forecasts of income and expenditure to continue as a going concern.

2.3 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Page 20

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.3 Income (continued)

Grants are included in the Consolidated statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Donated services: The value of the services provided by volunteers has not been included. Further details of the contribution made by volunteers can be found in the annual report.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Group; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 21

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.7 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives .

Depreciation is provided on the following basis:

Fixtures, fittings and office - 33% straight line equipment Computer equipment - 33% straight line

2.8 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Consolidated statement of financial activities.

Investments in subsidiaries are valued at cost less provision for impairment.

2.9 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.10 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.11 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 22

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.12 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated statement of financial activities as a finance cost.

2.13 Financial instruments

The Group only has financial assets and financial liabilities of a kind that qualify as basic financial 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.

2.14 Employee benefits

The costs of short term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period.

Employee severance and redundancy pay is recognised within the accounts, on an accruals basis in the year in which the employee either left, or agreed to leave, the organisation.

2.15 Pensions

The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fund in respect of the year.

2.16 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 23

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

3. Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

The Trustees consider that there are no critical accounting estimates and judgements that have a material impact on these financial statements.

4. Income from donations and legacies

Donations
Total 2024		 Unrestricted
funds
2025
£
4,980
6,082		 Total
funds
2025
£
4,980
6,082		 Total
funds
2024
£
6,082

Page 24

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5. Income from charitable activities

Local authority contracts
Other contracts
Other service income
Other grants
Cafe income
Other Leep1 income
Total 2024		 Unrestricted
funds
2025
£
606,398
-
79,158
19,399
63,610
121,435
890,000
965,066		 Restricted
funds
2025
£
675,000
-
(12)
519,898
-
-
1,194,886
1,269,500		 Total
funds
2025
£
1,281,398
-
79,146
539,297
63,610
121,435
2,084,886
2,234,566		 Total
funds
2024
£
1,263,264
72,020
75,116
636,925
62,344
124,897
2,234,566

6. Investment income

Interest received
Total 2024		 Unrestricted
funds
2025
£
5,613
5,417		 Total
funds
2025
£
5,613
5,417		 Total
funds
2024
£
5,417

Page 25

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7. Other income

Other income
Total 2024		 Unrestricted
funds
2025
£
1,590
2,150		 Total
funds
2025
£
1,590
2,150		 Total
funds
2024
£
2,150

8. Analysis of grants

Grants paid
Total 2024		 Grants to
Institutions
2025
£
18,556
14,050		 Total
funds
2025
£
18,556
14,050		 Total
funds
2024
£
14,050

During the year the charity paid grants to the following institutions:

Current year Prior year DAMASQ DAMASQ Trans Leeds Leeds Refugee Forum SLATE Lippy People MEMAC MEMAC

Page 26

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

9. Analysis of expenditure on charitable activities

Summary by fund type

Direct costs
Support costs
Governance costs
Grants paid (note 8)
Total 2024		 Unrestricted
funds
2025
£
527,463
125,956
19,827
18,556
691,802
924,639		 Restricted
funds
2025
£
1,147,547
419,610
-
-
1,567,157
1,412,995		 Total
2025
£
1,675,010
545,566
19,827
18,556
2,258,959
2,337,634		 Total
2024
£
1,627,306
679,424
16,854
14,050
2,337,634

Page 27

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds		 Restricted
funds		 Total
funds		 Total
funds
Direct costs 2025 2025 2025 2024
£ £ £ £
Salaries,social securityandpension 398,588 1,022,579 1,421,167 1,433,134
Age UK Leeds - 56,000 56,000 56,000
Touchstone - 27,129 27,129 25,429
Other subcontractors 13,391 6,559 19,950 22,609
Volunteer expenses 3,102 1,847 4,949 4,441
Project evaluation - 9,140 9,140 11,501
Training 16,753 - 16,753 7,860
Recruitment 3,029 60 3,089 8,025
Travel 5,185 13,702 18,887 19,307
Subscriptions 3,847 1,277 5,124 3,408
Insurance 9,066 - 9,066 7,880
Activitycosts 6,511 9,254 15,765 17,677
Cafeprovision 9,863 - 9,863 10,035
Exceptional item- Irrecoverable VAT 58,128 - 58,128 -
Total 2025 527,463 1,147,547 1,675,010 1,627,306
Total 2024 583,126 1,044,180 1,627,306

The exceptional item: Irrecoverable VAT expense in 2025 is in relation to the retrospective VAT registration of LEEP1 CIC.

Page 28

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds		 Restricted
funds		 Total
funds		 Total
funds
Support costs 2025 2025 2025 2024
£ £ £ £
Salaries,social securityandpension 293,417 - 293,417 327,102
Computer costs 70,057 1,358 71,415 63,217
Premises costs 30,778 1,265 32,043 95,658
Communications 16,279 9,719 25,998 34,266
Printing, postage and stationary 5,560 2,605 8,165 10,220
Repairs and maintenance 54,198 80 54,278 53,754
Legal andprofessional 20,649 1,469 22,118 29,288
Bad debts (343) - (343) (1,293)
Depreciation 9,284 - 9,284 16,866
Irrecoverable VAT 3,876 - 3,876 31,617
Other 23,495 870 24,365 17,670
Bank charges 950 - 950 1,059
Allocation of shared resources (402,244) 402,244 - -
Total 2025 125,956 419,610 545,566 679,424
Total 2024 310,609 368,815 679,424
Unrestricted
funds		 Total
funds		 Total
funds
Governance costs 2025 2025 2024
£ £ £
Trustee and management meetings 216 216 -
Auditor's remuneration 19,611 19,611 16,854
Total 2025 19,827 19,827 16,854
Total 2024 16,854 16,854

Page 29

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

10. Net income/(expenditure)

This is stated after charging:

2025 2024
£ £
Depreciation of tangible fixed assets:
- owned bythe charity 8,796 16,866
Operatinglease charges 88,830 46,955
Auditor's remuneration - audit 12,075 11,500
Auditor's remuneration - other services 5,585 5,320

11. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension
schemes		 Group
2025
£
1,527,226
114,273
73,085
1,714,584		 Group
2024
£
1,565,634
120,672
73,930
1,760,236		 Charity
2025
£
1,394,471
110,969
67,219
1,572,659		 Charity
2024
£
1,435,594
112,385
68,082
1,616,061

The above figures include redundancy and settlement costs of £20,670 (2024: £10,241) and ex-gratia payments of £nil made to 6 employees (2024: £3,401, to one employee).

The average number of persons employed by the charity during the year was as follows:

Group Group
2025 2024
No. No.
Administration and advocacy (excluding volunteers) 78 82

No employee received remuneration amounting to more than £60,000 in either year.

The total amount of employee benefits, including employer's pension contributions and employers' national insurance, received by the key management team is £121,538 (2024: £164,714). The charity's key management personnel are detailed on page 1.

Page 30

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

12. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024: £nil).

During the year ended 31 March 2025, no Trustees expenses were reimbursed or paid directly (2024: £510 paid to 1 Trustee relating to travel and refreshments for meetings).

13. Tangible fixed assets

Group

Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Plant and
machinery
£
23,273
379
23,652
22,874
488
23,362
290
399		 Fixtures and
fittings
£
2,384
-
2,384
2,384
-
2,384
-
-		 Computer
equipment
£
73,792
-
73,792
60,492
8,796
69,288
4,504
13,300		 Total
£
99,449
379
99,828
85,750
9,284
95,034
4,794
13,699

Page 31

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

13. Tangible fixed assets (continued)

Charity

Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Fixtures and
fittings
£
2,022
2,022
2,022
-
2,022
-
-		 Computer
equipment
£
67,717
67,717
54,417
8,796
63,213
4,504
13,300		 Total
£
69,739
69,739
56,439
8,796
65,235
4,504
13,300

Page 32

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

14.
Fixed asset investments
Charity
Cost or valuation
At 1 April 2024
At 31 March 2025
Impairment
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Investments in
subsidiary
companies
£
10
10
10
10
-
10

The consolidated financial statements include the results of Leep1 CIC, a company limited by guarantee (incorporated in England and Wales, registered number 07252221), its sole member being Advonet. The liability of the charity in the event of Leep1 CIC being wound up is limited by a sum not exceeding £1.

The principal activity of Leep1 CIC is that of providing independent advocacy and related/connected services.

Investment in the wholly owned subsidiary is carried at £nil (2024: £10) in the balance sheet of the charity as the investment has been impaired as the subsidary has been liquidated post year end.

Income earned and expenditure incurred by Leep1 CIC have been recognised within the charitable activities of Advonet's consolidated accounts on the basis that these activities are deemed to have charitable intentions and purposes.

Page 33

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

15. Stocks

Finished goods
Debtors
Trade debtors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income		 Group
2025
£
5,789
Group
2025
£
391,825
-
6,480
50,010
448,315		 Group
2024
£
9,504
Group
2024
£
424,749
-
6,180
89,169
520,098		 Charity
2025
£
5,789
Charity
2025
£
269,101
-
5,680
48,553
323,334		 Charity
2024
£
8,989
Charity
2024
£
384,969
11,583
5,380
83,757
485,689

16. Debtors

17. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 Group
2025
£
21,621
166,860
3,068
215,357
406,906		 Group
2024
£
60,478
39,190
3,321
261,710
364,699		 Charity
2025
£
21,621
36,875
3,322
184,130
245,948		 Charity
2024
£
59,661
39,094
2,429
228,506
329,690

Page 34

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Deferred income at 1 April
Resources deferred during the year
Amounts released from previous periods		 Group
2025
£
159,620
98,229
(159,620)
98,229		 Group
2024
£
272,875
159,620
(272,875)
159,620		 Charity
2025
£
146,034
111,511
(146,034)
111,511		 Charity
2024
£
261,906
146,034
(261,906)
146,034

Deferred income relates to funding received in advance of the period to which the funding relates.

18. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
RRP waiting list reduction
Easy Read & Training
Finance Officer and Business
Development role
Advocacy development
General funds
Charity core activities
Total Unrestricted funds		 Balance at 1
April 2024
£
29,620
25,000
33,000
45,000
132,620
285,491
418,111		 Income
£
-
-
-
-
-
902,183
902,183		 Expenditure
£
-
-
-
-
-
(691,802)
(691,802)		 Transfers
in/out
£
-
-
-
-
-
(314,587)
(314,587)		 Balance at 31
March 2025
£
29,620
25,000
33,000
45,000
132,620
181,285
313,905

Page 35

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

18. Statement of funds (continued)

Restricted funds
Leeds Independent Health
Complaints Advocacy
Leeds Independent Mental
Capacity Advocacy
Leeds Independent Mental Health
Advocacy
Leeds Care Act Advocacy
Autism North
Asking You!
LGBTQ+
Changemakers
Autism - AIM Mentoring & Peer
Support
Employ Me
Bradford Craven Mentoring
Transforming Mental Health
Access
Other restricted funds
Total of funds		 Balance at 1
April 2024
£
45,383
2,197
26,773
-
4,692
28,680
23,547
4,556
(1)
-
-
-
5,709
141,536
559,647		 Income
£
204,000
245,988
200,000
25,000
66,607
64,602
-
167,622
69,090
43,683
53,568
49,819
4,907
1,194,886
2,097,069		 Expenditure
£
(213,063)
(490,177)
(212,058)
(94,119)
(69,594)
(83,700)
(15,970)
(172,178)
(79,556)
(43,753)
(33,161)
(49,819)
(10,009)
(1,567,157)
(2,258,959)		 Transfers
in/out
£
-
241,992
-
69,119
-
-
(7,577)
-
10,467
70
-
-
516
314,587
-		 Balance at 31
March 2025
£
36,320
-
14,715
-
1,705
9,582
-
-
-
-
20,407
-
1,123
83,852
397,757

Page 36

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

18. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
RRP waiting list reduction
Easy Read & Training
Finance Officer and Business
Development role
Advocacy development
General funds
Charity core activities
Total Unrestricted funds		 Balance at
1 April 2023
£
29,620
25,000
33,000
45,000
132,620
420,767
553,387		 Income
£
-
-
-
-
-
978,715
978,715		 Expenditure
£
-
-
-
-
-
(923,036)
(923,036)		 Transfers
in/out
£
-
-
-
-
-
(190,955)
(190,955)		 Balance at
31 March
2024
£
29,620
25,000
33,000
45,000
132,620
285,491
418,111

Page 37

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

18. Statement of funds (continued)

Restricted funds
Leeds Independent Health
Complaints Advocacy
Leeds Independent Mental
Capacity Advocacy
Leeds Independent Mental Health
Advocacy
Leeds Care Act Advocacy
Autism North
Asking You!
Health Inequalities
LGBTQ+
Changemakers
Respite Review
Autism - AIM Mentoring & Peer
Support
Respect Project
Heritage Project
ICS Health Navigator
Employ Me
BDCT Sensory Inpatient
Bradford Craven Mentoring
WY Ambassador
Other restricted funds
Total of funds		 Balance at
1 April 2023
£
47,389
-
9,099
-
(2,215)
31,156
-
3,807
4,531
-
-
(124)
-
-
-
-
-
-
433
94,076
647,463		 Income
£
204,000
246,000
200,000
25,000
68,101
64,602
50,270
89,089
85,602
26,340
36,149
23,212
14,567
57,558
27,900
24,359
15,065
5,657
6,029
1,269,500
2,248,215		 Expenditure
£
(206,006)
(422,065)
(182,326)
(65,096)
(61,885)
(66,628)
(50,270)
(67,699)
(85,602)
(20,364)
(44,912)
(7,230)
(11,927)
(56,334)
(27,881)
(24,460)
(4,636)
(3,460)
(4,214)
(1,412,995)
(2,336,031)		 Transfers
in/out
£
-
178,262
-
40,096
691
(450)
-
(1,650)
25
(4,950)
8,762
(15,983)
(2,700)
-
-
101
(10,429)
-
(820)
190,955
-		 Balance at
31 March
2024
£
45,383
2,197
26,773
-
4,692
28,680
-
23,547
4,556
1,026
(1)
(125)
(60)
1,224
19
-
-
2,197
1,428
141,536
559,647

Page 38

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

18. Statement of funds (continued)

Designated Fund

ASC Community Funding from Leeds City Council: ASC received in respect of community advocacy designated to 2022/2023 spend as not utilised in full in the current financial year.

The other designated funds have been approved by the Board to enhance existing provision, develop our commercial offer (easy read and training) and strengthen external partnerships.

Restricted Funds

All restricted funds are income which has been given for a specific purpose. The funds are not available for use for anything other than the specific project the funding was issued for.

Leeds Independent Health Complaints Advocacy: This is independent health complaints advocacy which is required to commissioned by local authorities. This advocacy support is aimed at empowering anyone in the Leeds area to resolve a complaint about healthcare commissioned or provided by the NHS in England.

Independent Mental Capacity Advocacy: instructed and non-instructed advocacy support in accordance with the Mental Capacity Act.

Independent Mental Health Advocacy: provision of instructed advocacy support in accordance with the Mental Health Act 1983. Including provision of instructed advocacy support for people with learning disabilities who qualify for IMHA as required by the Mental Health Act (amendment 2007).

Care Act Advocacy: provision of instructed advocacy support in accordance with the Care Act 2014.

Autism North - core offer provided by CCG/ICB (initially non recurrent)- information, advocacy and peer support for autistic people to increase access to services: drop in hubs, groups, signposting, resources etc.

Asking You!: This is funding provided by Leeds City Council. This funding is used for a project to get people with learning disabilities involved in the services they use. This is through engagement in People's Parliament and also by being involved in the new strengths-based approach by Adult Social Care.

LGBT+ – Outspoken Project: funded by the National Lottery Community Fund, providing self- advocacy, peer support for LGBTQ+ people who are autistic or have a learning disability and training to health professionals.

Changemakers Fund: improving mental health support for autistic people- to provide local and regional development of direct ongoing consultation routes with autistic people on mental health with health services, autism specific peer support groups and autism support for generic peer support with Leeds Mind, training to advocacy and social prescribing services and self-advocacy resources (Yorkshire AIM)

Respite Project: £30k Asking You to undertake consultation together with people with lived experience on local Respite services (Asking You)

Autism AIM - Funded by the National lottery 3 years from Jan 2022: to expand autism mentoring and one to one peer support provision locally and peer support groups (Leeds AIM) Extended to March 2025.

Page 39

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

18. Statement of funds (continued)

Respect Project: Funded by NIHR in partnership with Warwick University – as subcontractors from 01 April 2022: social care research partnership - easy read resources (and consultation) on End of Life/ future planning to support Respect aims (CHANGE)

Heritage Project: Funded by Leeds Community Foundation from 01 April 2022 to produce a project celebrating the history and strengths of people with learning disabilities.

AIM ICS Health Navigator: £58K pilot work WY ICS – health navigator roles at pilot hubs as below- until March 24.

Employ Me- The LIFE project is funded by the National Lottery Community Fund for £198k for 3 years Feb 2024February 2027. The project was initially based in Leep1and a formal transfer was agreed to Advonet as Leep1 were in the liquidation process, in June 2025. The project activities and outcomes are not expected to change. The project supports local adults with learning disabilities to maintain employment. It provides self-advocacy in employment workshops co developed and co-delivered by trained staff with learning disabilities, supporting accessible resources and training for employers.

AIM BDCT Sensory – Bradford 23/24 – extending the sensory inpatient pilot work from last year in partnership with BDCT- AIM providing sensory checker audits. Bradford District Care Trust.

Bradford Craven Mentoring - To provide information, signposting, navigation and peer support to autistic adults in Bradford, with a focus on increasing health and mental health access (linking to other streams).

AIM West Yorkshire Ambassador – Initially 1 year April 2023 – March 2024. Payment for one member of staff to be an ambassador on 4 hours a week.

Transforming Mental Health Access - 1 year funding via Leeds Community Foundation to support autism access to wider services in the new transforming mental health offer.

Health Inequalities: AIM: pilot work supporting a Local Care Partnership (The Light Surgery and Leeds Student Medical Practice) to increase access to healthcare for autistic people: training to health professionals and peer support. This was initially applied for through WYHHCP and taken up by Leeds CCG/ ICB.

Transfers

During the year, a transfer of £314,587 was made from unrestricted funds to restricted funds. This transfer was due to the unrestricted fund supporting the spend on the Leeds contracts and the finishing of various projects during the year.

Page 40

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

ADVONET

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

19. Summary of funds Summary of funds - current year

Designated funds
General funds
Restricted funds
Summary of funds - prior year
Designated funds
General funds
Restricted funds		 Balance at 1
April 2024
£
132,620
285,491
141,536
559,647
Balance at
1 April 2023
£
132,620
420,767
94,076
647,463		 Income
£
-
902,183
1,194,886
2,097,069
Income
£
-
978,715
1,269,500
2,248,215		 Expenditure
£
-
(691,802)
(1,567,157)
(2,258,959)
Expenditure
£
-
(923,036)
(1,412,995)
(2,336,031)		 Transfers
in/out
£
-
(314,587)
314,587
-
Transfers
in/out
£
-
(190,955)
190,955
-		 Balance at 31
March 2025
£
132,620
181,285
83,852
397,757
Balance at
31 March
2024
£
132,620
285,491
141,536
559,647

20. Analysis of net assets between funds Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2025
£
4,794
595,796
(286,685)
313,905		 Restricted
funds
2025
£
-
204,073
(120,221)
83,852		 Total
funds
2025
£
4,794
799,869
(406,906)
397,757

Page 41

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

20. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
13,699
611,424
(207,012)
418,111		 Restricted
funds
2024
£
-
299,223
(157,687)
141,536		 Total
funds
2024
£
13,699
910,647
(364,699)
559,647

21. Reconciliation of net movement in funds to net cash flow from operating activities

Net expenditure for the year (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Investment income
Profit on the sale of fixed assets
Decrease in stocks
Decrease/(increase) in debtors
Increase in creditors
(Decrease) in deferred income
Net cash used in operating activities		 Group
2025
£
(161,890)
9,284
(5,613)
-
3,715
71,783
103,590
(61,383)
(40,514)		 Group
2024
£
(87,816)
16,866
(5,417)
(110)
6,073
(178,511)
50,448
(110,122)
(308,589)

Page 42

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

22. Analysis of cash and cash equivalents

Cash in hand
Total cash and cash equivalents		 Group
2025
£
345,765
345,765		 Group
2024
£
381,045
381,045

23. Analysis of changes in net debt

Cash at bank and in hand At 1 April
2024
£
381,045
381,045		 Cash flows
£
(35,280)
(35,280)		 At 31 March
2025
£
345,765
345,765

24. Pension commitments

The group participates in a defined contribution scheme. The charge to the statement of financial activities in respect of the scheme was £73,065 (2024: £73,930). Amounts owed at year end were £nil (2024: £nil) which are held within creditors.

25. Operating lease commitments

At 31 March 2025 the Group and the charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years		 Group
2025
£
98,398
52,170
150,568		 Group
2024
£
83,635
74,277
157,912		 Charity
2025
£
89,710
52,170
141,880		 Charity
2024
£
75,361
74,277
149,638

Page 43

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed

(A company limited by guarantee)

ADVONET

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

26. Related party transactions

During the year Advonet subcontracted to Age UK Leeds and Touchstone (2024: Age UK Leeds, Touchstone and Sign Health). Note 9 includes details of amounts paid to these parties for subcontracted advocacy work. Touchstone is a charity which had a director/trustee in common until their resignation March 2023..

In October 2018, Advonet also entered into partnership with Touchstone in delivering advocacy work for the Kirklees Advocacy Hub. Total income received from Touchstone as part of this partnership was £nil (2024: £68,700).

During the year, in addition to the recharge of expenses, Advonet charged Leep1 CIC (a subsidiary) management charges amounting to £19,951 (2024: £22,944). At the year end, Leep1 CIC owed Advonet £nil (2024: £11,583) after providing against the full balance of £66,334 as the subsidiary company has entered liquidation post year end and the rest is not recoverable.

27. Post balance sheet events

On 29 August 2025, the charity’s trading subsidiary, Leep1 CIC, entered into vountary liquidation. Advonet's investment in LEEP1 and balance due from LEEP1 have been fully impaired in 2025. It is considered unlikely that any assets will be recovered from LEEP1 following the conclusion of the liquidation process.

Page 44

Document ID: 803f0daafe38770788f84a1b181ee030ed786ae0178bb1a14b3c82301c5037ed