CHARITY REGISTRATION NUMBER 1158103
ACCESS UK
Financial Statements For The Year Ended 30 April 2023
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 2023
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 2023
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 Isaac Prempeh Martin Samuda Rodney Grant MBE Dame Claudine Duberry 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
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ACCESS UK
Trustees report for the year ended 30 April 2023
The Trustees present their report with the accounts for the year ended 30 April 2023 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:
Isaac Prempeh Martin Samuda Rodney Grant MBE Dame Claudine Duberry
1 September 2024
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ACCESS UK
Trustees report for the year ended 30 April 2023
Review of past activities
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Engaged and supported over 500 beneficiaries, across all programmes and contracts.
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Maintained our benefuciary conversion rates of 70% + of those service users moving into a trackable and measurable outcome within Education Employment, Enterprise & Training (E.E.T).
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Continued our fundraising campaigns for the resourcing and scaling of the O.B.E pan-London careers solutions programme.
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Continued dialogue with the Met to (a) improve diverse recruitment practices (b) address institutional racism within the Met (c) improve community engagement & (d) address the scourge of knife crime within the capital.
5.Estanlish partnership with Hays recruitment to support more minoritised beneficiaries into apprenticeships & paid employment.
6.Rising Green youth hub, Wood-Green, opened for business with Access UK as a prime delivery partner.
7.Access UK consult & support the successful delivery of Step-Up BME youth focused programme in the Royal Borough of Greenwich.
- 8.Established a pipeline to supply the NHS with qualified international health workers including doctors & nurses.
Future developments
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Continue fundraising to scale the OBE programme and cover all 32 London boroughs.
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Increase staff headcount to facilitate the scaling and expansion of the OBE programme.
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Review various CRM systems to complement the expansion of the OBE digital platform.
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Hire a full-time bid writer.
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Establish a marketing and advertising partnership with three renowned and reputable firms.
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Expand the use and deployment of undergraduate and graduate interns/volunteers.
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Annual D & I careers conference/fair.
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Greater focus on building relationships with charitable foundations.
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Establish an international branch of Access UK.
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Restructuring the management committee of Access 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.
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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 2023 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:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures specified in general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act, and
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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:
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1) Which gives us reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act;
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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
1 September 2024
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ACCESS UK
Statement of Financial Activities for the year ended 30 April 2023
| Incoming Resources Donations Grants Trading Contracts Total Incoming Resources Resources Expended Charitable activities Travel & Subsistence Personnel Cost Printing, stationery & postages Telephone & Fax Rent & Rates Insurance Publications/Advertising Depreciation Governance costs Accountancy Total Resources Expended Net (outgoing)/incoming resources Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Notes | Unrestricted Restricted Funds Funds 2023 £ £ £ 7,647 - 7,647 47,458 - 47,458 37,898 - 37,898 93,003 - 93,003 8,809 - 8,809 132,204 - 132,204 6,628 6,628 435 - 435 2,695 - 2,695 1,052 - 1,052 2,031 - 2,031 4,551 - 4,551 158,405 - 158,405 800 - 800 800 - 800 159,205 - 159,205 (66,202) - (66,202) - - - (66,202) - (66,202) 575,679 - 575,679 509,477 - 509,477 |
2022 £ 77,143 171,092 95,686 |
|---|---|---|---|
| 1 5 1 2 1 |
|||
| 343,921 | |||
| 2,078 182,468 8,255 4,883 13,371 1,599 1,220 5,690 |
|||
| 219,564 | |||
| 750 | |||
| 750 | |||
| 220,314 | |||
| 123,607 - |
|||
| 123,607 452,072 |
|||
| 575,679 |
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ACCESS UK Balance Sheet as at 30 April 2023
| 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 |
2023 £ 18,207 492,070 (800) 491,270 509,477 509,477 509,477 |
2022 £ 22,759 554,270 (1,350) 552,920 575,679 575,679 575,679 |
2022 £ 22,759 554,270 (1,350) 552,920 575,679 575,679 575,679 |
|---|---|---|---|
| 575,679 | |||
| 575,679 | |||
| 575,679 |
These financial statements were approved by the Trustees on 1 September 2024 & signed on their behalf by:
Mr Nana Agyeman Managing Director
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ACCESS UK Notes to the Accounts for the year ended 30 April 2023
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.
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ACCESS UK Notes to the Accounts for the year ended 30 April 2023
2 Tangible fixed assets
| Cost At 1 May 2022 At 30 April 2023 Depreciation At 1 May 2022 Charge for the year At 30 April 2023 Net book value At 30 April 2023 At 30 April 2022 3 Creditors: amounts falling due within one year 2023 £ Accountancy 800 |
Equipments £ 39,648 |
|---|---|
| 39,648 | |
| 16,889 4,552 |
|
| 21,441 | |
| 18,207 | |
| 22,759 | |
| 2022 £ 1,350 |
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 2023 |
Unrestricted Funds £ 18,207 18,207 492,070 492,070 (800) 509,477 |
Restricted Funds £ - - - - - - |
Total £ 18,207 |
|---|---|---|---|
| 18,207 492,070 |
|||
| 492,070 (800) |
|||
| 509,477 |
5 Personnel costs
Personnel cost represent payments to Advisors, Interns Freelancers, Admin & Consultants under contract for services provided to the charity. Other than that, no remuneration was paid to any of the trustees and their expenses also not borne by the Trust.
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