2023-08-31-accounts

PHAB NOTTINGHAM

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

Charity No: 1153383

PHAB NOTTINGHAM

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

CONTENTS

	Page
Legal and administrative information	1
Trustees Annual Report	2 - 3
Independent Examiner’s Report	4
Receipts and Payments Account	5
Statement of Assets and liabilities	6
Notes to the Accounts	7 - 8

PHAB NOTTINGHAM

LEGAL AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2023

Status

The organisation is a Charitable Incorporated Organisation (CIO) with charitable objects. The CIO was established under a Constitution dated 7 June 2013. Registration as a Charity was confirmed on 14 August 2013 no.1153383.

Trustees	Mr Benjamin Berelowitz (Chairman)
	Mr Bradley Singh Badhan (Treasurer)
	Mrs Danielle Avital Feingold
	Miss Miriam Sanderson
	Miss Louise Alison Parker
	Mr Navalakshan Rajamohan
	Miss Katy Conlon
	Mr Steven Pattison (appointed 3 October 2022)
	Miss Alice Rose Yates (appointed 1 January 2023)
	Mr Nicholas Feingold resigned as a Trustee and Chairman on 18 January
	2023
	Mrs Danielle Avital Feingold resigned as a Trustee and Treasurer on 31
	March 2023
Principal Office Address	82 Wandsworth Bridge Road
	London
	SW6 2TF
Bankers	Barclays Bank plc
	Leicester
	LE87 2BB
	Santander UK plc
	Triton Square
	Regent's Place
	London
	NW1 3AN
Independent Examiner	Steven Davies FCA
	McKelvie & Co LLP
	Chartered Accountants
	82 Wandsworth Bridge Road
	London
	SW6 2TF

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PHAB NOTTINGHAM

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

ANNUAL REPORT OF THE TRUSTEES

The Trustees present their Annual Report and Accounts for the year ended 31 August 2023.

Principal Activities and review of the period

Objectives

The objectives of the Charity are as follows:

1. To promote and encourage opportunities for people with disabilities (whether physical, developmental or other) - our members, and our volunteers, to share experiences on a genuinely equal basis, thereby contributing towards a fully inclusive society.

2. To provide respite to the parents/carers of children and young adults with disabilities.

3. To give these children and young adults opportunities to have experiences that they may not otherwise have the chance to do (whether that be for financial, logistical or other reasons).

4. To provide them with care and companionship and ensure they have a great time.

5. To support them in their transition to adulthood.

6. To increase awareness of disabilities (particularly among the student community) and equip people with the knowledge and skills to support those who have disabilities.

Activities

We have worked towards these objectives through our programme of activities that has focussed on improving our members’ confidence, heightening their social skills and increasing their integration into wider society. Feedback we received from parents and carers highlighted how our activities provided them with invaluable respite and crucially provided our members with much needed social interaction after so many experienced isolation during the pandemic. We have strived to ensure our members are thoroughly enriched throughout all of our events and we are incredibly proud of our Committee for running our first full year of in-person events since the start of the Covid-19 Pandemic. Details of all events held are listed below:

Date	Event
7th October 2022	Committee Training
23rd October 2022	Conkers
20th November 2022	Thinktank and Creation Climbing
11th December 2022	Cadbury World
12th February 2023	Animal Disco
12th March 2023	White Post Farm
23rd March 2023	Sycamore Adventure
11th May 2023	Lea Green
11th June 2023	Alton Towers

Public Benefit

The Trustees have paid close attention to the advice published by the Charity Commission concerning public benefit, and therefore consider that they have fulfilled their obligations under s.17(53), Charities Act 2011. The Trustees believe that this Trust provides a demonstrable benefit to a sufficient section of the public in accordance with existing case law concerning trusts with similar objects, and is consistent with the aforementioned act.

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PHAB NOTTINGHAM

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

Future Developments

Phab Nottingham will continue to grow and develop its programme of activities including expanding its activities to those that are more educational and those that are focused on improving its members’ mental health.

Financial Review

During the year the Charity received grants, donations and other receipts of £6,619. Its expenditure was £12,991 leaving a cash balance at the year end of £30,324 (made up of entirely Unrestricted funds).

The Trustees have a policy of keeping non-front line expenditure to an absolute minimum and pride themselves on the fact that the Charity has no fixed assets or significant overheads – all its staff give of their time voluntarily. The Trustees are pleased to note that non-front line costs were kept to a minimum and seek to continue this in the next financial year. The Trustees are generally pleased with the Charity’s progress and they will continue to grow its unrestricted funds to meet its reserve policy, detailed below.

Reserves Policy

The main factors that are taken into account in the Charity’s reserves policy are the needs to cover fluctuations in income and unplanned expenditure. The Charity continues with its aim to build up an unrestricted reserve fund to a level that will enable the running of activities for twelve months should this be necessary. The Charity defines this as the annual average of actual spend over the previous two financial years. For this purpose, the Trustees have adopted the policy of retaining 15% of unrestricted receipts in-year to achieve the reserves policy objective. As at 31 August 2023 we had exceeded our target for reserves and therefore had paused grant applications for FY23. We have resumed grant applications in FY24 following the utilisation of the reserves.

Governance and Risk Management

The Trustees have conducted a review of the operational, financial and management issues affecting the Charity and have prepared documentation giving guidance in this area, which is regularly reviewed. The Trustees agree that the process is appropriate and thorough, such that they can be confident that systems are in place to mitigate foreseeable risks.

Trustees

The Trustees of the Charity who served at any time during the financial period are as listed on page 1.

Management

The Board delegates the day-to-day activities of the Charity, specifically the running of the regular events programme and the recruitment of new volunteers and members to a Management Committee. The responsibilities and accountabilities of the Management Committee and its relationship with the Board are defined by a Governance Document.

This report was approved by the Trustees on 15 June 2024 and signed on their behalf by:

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-----------------------B S Badhan - Trustee

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PHAB NOTTINGHAM

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PHAB NOTTINGHAM

I report to the trustees on my examination of the accounts of PHAB Nottingham (the Charity) for the year ended 31 August 2023, which are set out on pages 6 to 9.

Responsibilities and basis of report

As the charity trustees of the Trust 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 giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records.

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

Steven Davies FCA

McKelvie & Co LLP Chartered Accountants 82 Wandsworth Bridge Road London SW6 2TF

27 June 2024

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PHAB NOTTINGHAM

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 AUGUST 2023

A1 Receipts Grants and donations Fundraising events Gift Aid receipts Other miscellaneous receipts A2 Asset and investment sales, etc. Total Receipts A3 Payments Events – regular Events – residential weekend Grants Training Insurance Administration A4 Asset and Investment purchases, etc. Total Payments Net receipts/(payments) A5 Transfers Between Funds A6 Cash funds last period Cash funds this year	2023 2022 Unrestricted Funds Restricte d Funds Total Funds Total Funds £ £ £ £ 5,383 - 5,383 7,571 1,236 - 1,236 1,041 - - - 1,157 - - - -
	6,619 - 6,619 9,769 - - - -
	6,619 - 6,619 9,769
	10,227 - 10,227 10,787 118 - 118 14,274 - - - - 400 - 400 535 336 - 336 260 1,910 - 1,910 1,430
	12,991 - 12,991 27,286 - - - -
	12,991 - 12,991 27,286
	(6,372) - (6,372) (17,517) - - - - 36,696 - 36,696 54,213
	30,324 - 30,324 36,696

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PHAB NOTTINGHAM

STATEMENT OF ASSETS AND LIABILITIES

AS AT 31 AUGUST 2023

Categories	Details	Unrestricte	Restricted	Endowment
		d Funds	Funds	Funds
		£	£	£
B1 Cash funds	Cash at Bank	30,324	-	-
	Total cash funds	30,324	-	-
B2 Other monetary assets	Gift aid claim	505	-	-
	Prepaid expenses	-	-	-
	Total other monetary	505	-	-
	assets
		Fund	Cost	Current
				value
			£	£
B3 Investment assets		None	Nil	Nil
B4 Assets retained for the
Charity’s own use		None	Nil	Nil
B5 Liabilities		None	Nil	Nil

Approved on behalf of the Trustees on 15 June 2024

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.......................................................................

B S Badhan - Trustee

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PHAB NOTTINGHAM

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

1. Accounting Policies

• (a) The Accounts have been prepared on the receipts and payments basis in accordance with Charity Commission’s guidance.

• (b) Short term deposits include cash held on deposit at the bank.

• (c) Funds are analysed and reported on in a variety of classes, the principal distinction being between Unrestricted Funds and Restricted Funds. “Restricted funds” consist of money earmarked by the donor or by the terms of an appeal for particular purposes. “Unrestricted Funds” are those not subject to such limitations. Unrestricted Funds may include Designated funds, which are funds set aside by the Board to be used for particular purposes in the future and the Board has the power to reallocate such funds unless and until expended.

2. Unqualified statement

No committee member or person connected with the Charity has been paid remuneration or other benefit from the organisation’s funds.

3. Independent Examiners fees

Independent Examiners fees for the year amounted to £nil.

4. Funds

Funds
Restricted Funds - Unrestricted Funds Reserve fund General Purposes Total funds	Balance 1 September 2022 Receipts Payments Transfers Balance 31 August 2023 £ £ £ £ £ - - - - -
	- - - - - 14,525 - - 505 15,030 22,171 6,619 (12,991) (505) 15,294
	36,696 6,619 (12,991) - 30,324
	36,696 6,619 (12,991) - 30,324

The reserve fund is a fund designated by the Trustees as detailed in the Trustees Report. All restricted funding had been previously utilised. 5 . Nottingham University Students’ Union

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PHAB NOTTINGHAM

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2023

The Charity works closely with Nottingham University Students’ Union which runs ‘Phab Society’. However, the society is independent of the Charity and accounts for its own funds, which are controlled by the Students’ Union. As such the receipts and payments of Phab Society are excluded from these accounts.

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