CHARITY REGISTRATION NUMBER 1158103
ACCESS UK
Financial Statements For The Year Ended 30 April 2021
Raywin P-Cole & Co Ltd Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
ACCESS UK
Financial Statements For The Year Ended 30 April 2021
Contents
| Page | |
|---|---|
| Reference and administrative details | 1 |
| Trustees report | 2 - 3 |
| Chartered Accountants' report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the accounts | 7 - 8 |
ACCESS UK Reference and adminstrative details For the year ended 30 April 2021
Status The charity is constituted as an unincorporated body Governing document The charity is established under a model trust deed Charity registration 1158103 Principal address Enterprise Centre 639 High Road London N17 8AA Trustees Nana-Yaw Agyeman Isaac Prempeh Martin Samuda Rodney Grant MBE Chloe Horne Bankers CAF Bank Ltd 25 Kings Hill Avenue, Kings Hill West Malling, Kent ME19 4JQ Metro Bank One Southampton Row London WC1B 5HA Independent examiner Raywin P-Cole & Co Ltd Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road West Norwood London SE27 0EE
1
ACCESS UK
Trustees report for the year ended 30 April 2021
The Trustees present their report with the accounts for the year ended 30 April 2021 which are set out on the annexed pages.
Objectives and Policies
The Objectives of the Charity are to:
The objects of our charity are to address the high levels of youth unemployment within the BME community of London and also assist youths with convictions into employment or training; the advancement of health or the saving of lives; providing relief services to youths who are disadvantaged & experiencing financial hardship; with 1/2 youths from the BME community currently unemployed, the primary aim is to reverse this trend by providing counselling & relief services and also to tackle gang membership through the use of mediation and specifically designed educational workshops which are intended to deter youths from joining or participating in gang activity; the prevention or relief of poverty & the advancement of education by providing employment & career advice to unemployed youths between the ages of 16-24.
Trustees
The Trustees who served during the year and at the date of this report are:
Nana-Yaw Agyeman Isaac Prempeh Martin Samuda Rodney Grant MBE Chloe Horne
2
ACCESS UK
Trustees report for the year ended 30 April 2021
Review of past activities
-
Dramaric increase in the number of beneficiaries engaged and supported remotely, 5000 +
-
Transitioned into a fully functional virtual service due to the impact of the pandemic
-
Achieved over 70% service users conversion rate with our beneficiaries moving into Education, Employment and Enterprise
-
Marked increase in collaboration with external partners such as Mind(Mental Wellbeing)
-
Exponential increase in partnerships and donations from public dur to the emergence of Covid-19 and the murder of Gerogr Floyd in America
-
Collaborated with the nationwide charity Barnardos on the delivery of the SEE HEAR & RESPOND programme addressing the disporrionate impact of Covid-19 on BME youth and families.
-
Partnered with Accenture
-
Road Ceo entrepreneurial programmes for disadvantaged youth of Brent fully launched.
The innovative programme aims to divert vulnerable young people away from crime by introducing them to emerging markets like FOREX TRADING, CRYPTO CURRENCIES, NFTs, BLOCKCHAIN and so much more.
Future developments
-
Launch OBE (Operation Black Employment) fundraising campaign to scale our existing operations, increase headcount and address the exponential rise of black youth unemployment in the UK.
-
Recruit a minimum of 20 full time virtual careers advisers who will be tasked with providing culturally bespoke IAG services for young unemployed BME jobseekers across the country.
-
Expand Access UK's geographical reach by providing remote services outside of our usual focus of London.'s unemployed BME youth.
-
Secure central government contracts to address the 50% black youth national unemployment rate.
-
Identify further BME focused opportunities
-
Establish an international recruitment pipeline for the NHS and also support African diasoprans to settle and work in Africa.
-
Ecourage and looby the UK government to fund HGV driving license training programmes which will address the acute lack of qualified drivers in the UK, create job opportunities and simultaneously increase the representation of BME HGV drivers in the UK
Financial policies are in place to ensure the prevention and detection of fraud and other irregularities.
The board of trustees receive regular financial reports to enable them to monitor the charity's income and expenditure thus keeping them up to date with the Trust's financial position.
Nana-Yaw Agyeman Trustee 28 February 2022
3
ACCESS UK
Independent Examiner's Report to the Trustees and Members
We report on the accounts of the Trust for the year ended 30 April 2021 which are set out on the annexed pages.
Respective Responsibilities of the Trustees and Examiner
The Trustees of the Charity are responsible for the preparation of the accounts; and consider that the audit requirement of section 144(2) of the Charities Act 2011 does not apply and that an independent examination is needed. It is our responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures specified in general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act, and
-
to state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention:
-
1) Which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the 2011 Act;
-
and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met;
or
- 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Raywin P-Cole & Co Ltd
Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
28 February 2022
4
ACCESS UK Statement of Financial Activities for the year ended 30 April 2021
| Incoming Resources Donations Resources Expended Charitable activities Travel & Subsistence Personnel Cost Printing, stationery & postages Telephone & Fax Rent & Rates Insurance Publications/Advertising Development Programme Depreciation Governance costs Accountancy Total Resources Expended Net incoming resources Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Notes | Unrestricted Restricted Funds Funds 2021 £ £ £ 460,074 - 460,074 1,682 - 1,682 133,383 - 133,383 2,684 2,684 3,485 - 3,485 6,588 - 6,588 2,512 - 2,512 2,668 - 2,668 6,780 - 6,780 7,112 - 7,112 166,894 - 166,894 600 - 600 600 - 600 167,494 - 167,494 292,580 - 292,580 - - - 292,580 - 292,580 159,492 - 159,492 452,072 - 452,072 |
2020 £ 252,186 9,756 129,408 4,387 1,492 15,840 3,795 2,754 6,216 1,416 |
|---|---|---|---|
| 5 1 2 1 |
|||
| 175,064 | |||
| 500 | |||
| 500 | |||
| 175,564 | |||
| 76,622 - |
|||
| 76,622 82,870 |
|||
| 159,492 |
5
ACCESS UK Balance Sheet as at 30 April 2021
| Notes Fixed assets Tangible assets 2 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 3 Net current assets Net assets Funds of the charity Unrestricted funds Total funds |
2021 £ 28,448 424,223 (599) 423,624 452,072 452,072 452,072 |
2020 £ 5,662 154,779 (949) 153,830 159,492 159,492 159,492 |
2020 £ 5,662 154,779 (949) 153,830 159,492 159,492 159,492 |
|---|---|---|---|
| 159,492 | |||
| 159,492 | |||
| 159,492 |
These financial statements were approved by the Trustees on 28 February 2022 & signed on their behalf by:
Mr Nana Agyeman Trustee
6
ACCESS UK Notes to the Accounts for the year ended 30 April 2021
1 Accounting policies
Basis of preparation
The Financial Statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities and Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities".
Incoming resources
Unrestricted Income comprises donations and is recognised on receipt basis. Restricted Income relates to donations raised for specific purposes and is recognised on receipt basis. However, the donors have agreed that that once the primary purpose has been satisfied, any surplus funds remaining will be used for the running of the Charity's ordinary activities.
Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful lives based on reducing balance method.
Equipments 20%
Resources Expended
Charitable Activities
These comprise all expenditure directly relating to the objects of the Charity. Support costs are an integral part of the expenses incurred in carrying out those charitable activities, which the Charity was established to perform.
Governance Costs
Governance costs comprise the costs of running the charity, including strategic planning for its future development, also includes accountancy & legal fees and all costs relating to consnstitutional and statutory compliance.
Rent & Rates
Rent & rates is currently based on an operating lease agreement which is subject to annual renewal.
7
ACCESS UK Notes to the Accounts for the year ended 30 April 2021
2 Tangible fixed assets
| Cost At 1 May 2020 Additions At 30 April 2021 Depreciation At 1 May 2020 Charge for the year At 30 April 2021 Net book value At 30 April 2021 At 30 April 2020 3 Creditors: amounts falling due within one year Accountancy Other creditors 4 Analysis of net assets between funds Equipments Current assets Cash at bank and in hand Creditors: amounts falling due after one year At 30 April 2021 |
Unrestricted Funds £ 28,448 28,448 424,223 424,223 (599) 452,072 |
2021 £ 600 (1) 599 Restricted Funds £ - - - - - - |
Equipments £ 9,750 29,898 |
|---|---|---|---|
| 39,648 | |||
| 4,088 7,112 |
|||
| 11,200 | |||
| 28,448 | |||
| 5,662 | |||
| 2020 £ 950 (1) |
|||
| 949 | |||
| Total £ 28,448 |
|||
| 28,448 424,223 |
|||
| 424,223 (599) |
|||
| 452,072 |
5 Personnel costs
8
ACCESS UK Notes to the Accounts for the year ended 30 April 2021
Personnel cost represents allowances given to volunteers. Other than that, no remuneration was paid to any of the trustees and their expenses also not borne by the Trust.
9