C.L. INITIATIVES LTD (A COMPANY LIMITED BY GUARANTEE) INCORPORATED 15TH FEBRUARY 2011 TH CHARITABLE REGISTRATION 5 APRIL 2011 Company registratlon no. 7530680 IEngland and Wales) Charity Reglstratlon no 1141176 ANNUAL FINANCIAL STATEMENTS (UNAUDITED ACCOUNTS) FOR THE YEAR ENDED 315T MARCH 2024
Cornpany reglstratlon no. 7530680 (En8land and Wales) Charlty Registration no 1141176 C.L. INITIATIVES LTD (A COMPANY LIMITED BY GUARANTEE) CONTENTS Pages Cornpany directors and parties 314 Trustees, report Statement of Financial artivltles io BalaTh Sheet li
Company regi5tratlon no. 7530680 (England and Wales) Charlty Registratlon no 1141176 C.L. INITIATIVES LTD (A COMPANY LIMITED BY GUARANTEE) Company Directors and Charity Trustees: Jo Adshead - Chalr David Naden Susan Pemberton Jo Clare Duncan Mltthel Sean Kelly Charlty number: Company number: 1141176 7530680 Registered offlce: Clo Link-Ablllty Conway House Ackhuist Business Park Foxhole Road PR7 INY Independenl Accountsnt Revllo Solutions Ltd 261, The Green Eccleston PR7 5TF Bankers: HSBC, 26, Market St, CHORLEY. LANCASHIRE PR7 2RX Insurance Brokers: Ansvar Insurance Ansvar House St Leonards Road Eastbourne East Sussex BN213UR
Company reglstratlon no. 7530680 (England and Wales) Charity Registratlon no 1141176 Insurance Company Ansvar Insurance combined liability Names of the charlty trustees who manage the charlty and who served durlng the year Tiustee name Office (if any) Dates acted If not for whole year Name of person lor body) entitled to appoint trustee (if any) Board Directors Jo Adshead Chair David Naden Susan Pemberton Sean Kelly Duncan Mltchel Jo Clare Structure, governance and management C. L. Initiative5 Ltd is constituted as a Company Llmlted by Guarantee so that the Board Directors are also the Charitrf5 trustees. The governing document is the Memorandum and Articles of Association. Appointed by the Board Directors to secure a Board equipped to mana8e the charity. Directors are chosen for essential skills are financial, management. learning disabilities social care sector and journalistic experience. In the absence of desirable ski115 of IT. marketing and communications skills and experience, and fund-raising, the Board have invited to meetings relevant professionals and networked to bring those ski115 to governance declsions and have sought volunteer expert SUPPOrt. The structure of the organisation delegates the day-to-day management to the current Chalr. The Board manages the business through its board meetings and an annual meeting to agree its annual business plan and review its risk management. The chair and editor communicate regularly by phone and email with a more prolonged meeting additionally a couple of times a year. Relationships wlth related partles: The main relationships are with the Community Living magazine editorial board members and sponsor5 of the magazine and charity. All of them are charitable organisations working In the field of learning disabilities, with good reputations for their service dellvery and contributions to the sector. and strong values base in their
Company registration no. 7530680 (England and Wales) Charlty Re8iStratlon no 1141176 practice in line with the Charit5. They contribute to the charitythrough thelr partnership activity, contributions to the editorial board and the magazine. Integrate (Preston and Chorleyl Itd, Link-Abi1Sty, LDN London, Thera Trust. LLDC, Choice Support, The Elfida Society, Avenues, Beyond Limits, Certitude London, United Response Aurora Nexus and Imagine Act and Succeed are the sponsors of the magazine. There is a wider network of more informal relationshlps with organisations and local groups which support the delivery of the charitable objects. Trustees, conslderation of major risk5 and the system and procedures to manage them. The main risks are managed by the high level of knowledge, expertise, and connertivity wlth the learnin8 disabilities sector amongst the Board members of the learning disabilities field and the magazine's editorial board, ensuring any possible editorial risks are managed. A qualrfied journalistleditor works with the commissioning editor also a qualified, professional and award winning journalist. This has proved extremely Successful ensuring competence in managing any potential risks, backed by the expert edltorial board. The Board recognized the need to professlonalise roles within the organisation and as such have funded a business adminlstrator and accountant. The financial risks of the organisation are closely monitored and have some back-up from private donatlons and the chairfs administration of the activity as a volunteer. Cash flow is managed by the pre-payments in subscriptions and sponsors, contributions. The charity has insurance to cover any potential liability from employed orvolunteer staff. C. L. Initiatives trustee dirertors believe they have taken all reasonable Steps to identify and manage any risks associated with the Charit¢s activities, any beneficiaries, and its work products and reputation. Prlncipal buslness actlvltles: To promote the equality of citizenship and the inclusion of people with learnlng disabilitles in every aspect of society through raising awareness and knowledge of current issues, research. and good practi, and to promote their inclusion and contrlbutions for the public benefit through the following actlvitie5: Publishing a magazlne and dissemlnating it to the social care Sector, service users, families and carers, educational and employment establishrnents. and any other interested people in the wider community, including through the website and social media. Developin8 such a magazine or other by-products which encourages all contrfbutlons, provides articles commissioned on the topics of the day, challenges those issues which hamper people from achieving their aspirations, publicises radical ideas being put into practice and encourages people to work together to produce their own solutions. Stimulatlng and enabling research. seminars, training events and networking events and disseminating information and learnlng Seeking to promote the inclusion of the vol5 of service users and others involved including through sponsorship, training events and support Sumrnary of the main actlvities undertaken for the public benefit In relation to these objects Publishing the Community Living magazine quarterly, containing good practice examples, current policy comment and updates, useful books and resources, and good updated information on welfare rights and community care law. bl dl
Company reglstratlon no. 7530680 (England and Wales) Charlty Registratlon no 1141176 Disseminating additional brief information and news through an electronically distributed free to view articles and through Facebook and Twitter, and on the webslte; we also respond to subscribers. enquiries as a source of information and advice and to such on social media. The website continues to offer subscribers a digital magazine edition and access to past articles. We have the potential to extend the coverage through additional article5 and adverts. It also continues to assist the administrative burden through an initial automatic prompt for renewal and the facility to pay using credit cards. This also continues to add the connertivity of Twitter feed and Facebook. Networking and encouraging constituents to share practice and raise issues to share more wldely- both wtth face-to-face vi51ts and through email and phone contarts- which has resulted in the development of connections with several family carers and social media links to closed networks. Investigative writing to research and inform including interviews. Members of the editorial and trustees board include links spetiflcally to local self-advocacy groups and family members with learnin8 disabilities Publlc Benefit Statement The trustee5 believe that the artivities listed above satisfy the requirement of the Charity to show that it meets public benef it requirements in accordance with sertion 4 of the Charities Act 2006 Contrlbutlons rnade by volunteers and others The charity depends on the major voluntary contributlons of the trustees in assisting its operations. Sponsors contribute their knowledge and expertise to the editorial board and in wider contributions, as well as the financial support to the magazine supporting Joint charitable objectives, and their engagement with and support of the magazine and the other actlvitles. Some private sponsorship asslsts also, which includes direct donations. Thls support means that income raised can be wholly put to the pursuit of its objects and towards subsidizin8 Costs for service users and carers to try to maximize the number who benef it. Summary of the maln achlevements of the charlty durlng the year al The magazine has published quarterly across the yearwlth some continued in its spon50r5hip base and active marketing. Trustee and editorial board member Jo Clare has a8ain generously given time and resource towards successfully securing new sponsors for the magazine. Thi5 has enabled the completion of the planned strategic move towards an all sponsorship model for the magazine. bl The charity continues to make connections with carers through social media. cl A previous decision to provide more f ree to view articles has proved not to be detrimental to sponsorship numbers. It has been m05t pleasing to note the encouraging trend towards much hi8her levels of interest in articles published online. This has continued to improve over the year. dl Several visit5 to projects continue to lead to articles directly informed by seNice users and more reflective of their voices and the continued involvement of a woman with learnin8 disabilitles as one of the regular column contributors as well as the reEular cartoon contribution from a man with learning disabilities. e} The Facebook page and Twitter accounts have continued to develop an increased readership and promote the values and concerns of the charity which widens the awareness of the charity's work.
Company reglstratlon no. 7530680 {England and Wales) Charity Re8iStratlon no 1141176 Financial review The budget is set wlth the Board and financial performance is monitored to this plan at Board meetings and is managed by the chair operationally supported by one of the Directors. Two Directors who live in the North- West are signatories for the bank accounts and it was agreed that the chair wlll manage the day-to-day operations uslng internet banking which Is reported to the Board meetings. It has been well recognized by the Board that the profe55ionalisation of the magazine is required in order to secure its growth into the future. Agreement was made in the yearfor business administration and accountancy to become paid roles. This year the gap in funding on the magazine production and receipts was managed by the absence of printing costs as well as malntaining the majority of existing learning disability charity sponsors and securing new ones along with careful expenditure management within the budget. Details of any funds materlally In deflclt The Directors feel that although conditions remain difficult, the financial plan going forward remalns viable. Currently the magazine activities cost more than the sponsorship income. The Directors plans to increase sponsorship have proved largely successful which will in turn has reduced the need to time consuming and le5S. lucrative individual subscriptions while having and the aspiration to make the magazine completely free will enable the work of the charity as a 'campaign' to continue. The overall out-turn for this year was thus a deficit of £9037. This is a slightty dlsappointing result. It is evident that we rely on voluntary support from directors and the charities who support the Charity. We seek to ensure that moving forwards under the continuance of the new model of sponsorship the publication becomes viable and sustainable and that current unpaid roles are fulfilled by professionals who are skilled in the areas the charity most needs. The ¢harftVs policy on reserves The charity does not have any significant reserves but manages its cash flow and overall buslness activity to manage its requirements. Any significant surplus or donated funds would be used to develop the reach of the charity through marketing activities. A small reserve of around 3 months, turnover would help the charity to direct more efforts on Investment and development and increased magazine income would enable a wider commissioning of articles, Looklng forward The charity ntend5 to continue to develop its reach and networks to develop the readership of the magazine/publication in all its forms and its longer-term viability,. to extend the coverage withln the magazine to include more on the wider UK practice; to develop our Service user engagement through Its members: to develop more fund-ralslng through sponsorship. The move towards a sponsorship model and professionalization of the roles currently provided by volunteers is well UndeaY and it is hoped that this 15 further developed durlng the coming year. Much continues to be down to an enthusiastic committed Board and the significant voluntary contributions made by the Dirertors in support of the objects and activities.
Company reglstration no. 7530680 (England and Wales) Charity Registration no 1141176 Declaralion: The Trustee Dlrectors declare that they have approved the Trustee report above Slgned on behalf of the charlts trustees: Signature: Name: fos &etr4 1 KIÉ Atsj fvj L AoSt4 ÉhD Posltlon: Date: li I iiioZ* CHAIAOG rRusr££s PLIsHL C.L.INITIATIVES LTD {A COMPANY LIMITED BY GUARANTEE) UNAUDITED ACCOUNTS STATEMENT OF FINANCIAL AcfiviTIES sr FOR THE YEAR ENDING 31 MARCH2024 2023124 2022123 Incomln resources from enerated funds Income from charitable activities Donations Bank interest 27,636 14 27,650 77.247 77,250 Resources Ex ended in charitable actlvlties Magazine production and dissemination Direct Seminar costs Governance costs Depreciation Total Resources expended Net resources and fund balances as at 3113124 36,687 37,106 36,687 19,0371 37,106 40,144
Company registratlon no. 7530680 (England and Wales) Charlty Registration no 1141176 SUMMARYINCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31STMARCH Income Total expenditure from income funds Net1055 for the year 27,650 36,687 19,0371 77,250 37,106 40,144 STATEMENT OF GAINS AND LOSSES Net income for the year 19,0371 40.144 BALANCE SHEET- AS AT 31ST MARCH 2024 2023124 2022123 Flxed A55ets Tangible assets Investments Total Current Assets Debtors and prepayments Cash at bank and in hand Total Current Assets 43,221 43.221 52,219 52.219 Credltors 1,048 l.fX19 Net Current Assets 42,173 51,210 funded by: Reserves surplus/lDeficitl 51,210 19,037} 42.173 11.066 40.144 51.210 See note 12 for informatlon on a Ilablllty not speclfied as of no materlallty. Audit Exemption Statement
Company registratlon no. 7530680 (England and Wales) Charity Registratlon no 1141176 For the yeor endlng 31.3.2024 the compony wa5 entitled to exemptionlrom oudlt under sectson 477of the Companles Art 2006 relating to smoll companies. Directors, responsibilities." the members have not required the company to obtain an audlt of Its accounts for the year in question in accordance with section 476, the directors ad(nowledge thelr responslbllltles for complying wlth the requirements of the Art wilh respert to accounting records and the preparation of accounts these accounts have been prepared In accordance wlth the provlslon5 applicable to companles subject to the small cornpanies, reglme. oFrAUST£ DPu6LisHÉ (Director) Le1 14NJ £ H&A C> Slgned J)JJa Date: 11111120&* io