OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Charity Number 1162976

ACCESS ADVENTURES

Report and financial statement For the year ended 31 March 2024

Charity number 1162976
Country of registration (England & Wales)
Operational address Edge Adaptive Sports Centre
Heron Lake Road
Staines
TW19 6HW
Trustees Gordon Bloor (1 April 2020 – present)
Stephanie Kaye* (1 April 2020 – present)
Becky Newham* (1 Feb 2021 – present)
Chris Nicoll (1 Feb 2021 – present)
Melissa Swinkels* (1 April 2018 – present)
Duncan White* (1 April 2020 – present)
*has a disability

Access Adventures aims to have a minimum 50% representation on the board from people with a disability.

Chief Executive Officer Jane Sowerby*
Senior Management Team Clare Williams
Tim Farr*
Independent Examiners Colin Wilks & Co Limited
Suite 2, Douglas House
32-34 Simpson Road
Fenny Stratford
Milton Keynes
MK1 1BA

ACCESS ADVENTURES

Trustees’ annual report

For the year ended 31 March 2024

The Trustees present their report and the independently examined financial statements for the period ended 31 March 2024.

Objectives and activities

Purposes and aims

We aim to deliver life-changing adaptive adventure sports. Our services are designed to challenge expectations and build self-confidence for people with disabilities. We provide such people with opportunities to participate in adventure sports that promote physical health and fitness and improve their conditions of life.

Public Benefit

The trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Our vision:

A world where people with disabilities have access to the benefits of adventure sports.

Our mission:

To deliver life-changing adaptive adventure sports.

Our values/ objectives:

Main Achievements

Access Adventures supported over 400 unique users in this financial period, offering the opportunity to participate in a variety of adaptive adventure sports including waterskiing, wakeboarding, alpine skiing, land kiting, kayaking, paddleboarding and biking.

Adaptive waterskiing and wakeboarding remained our key sports, an increased number of opportunities at Edge Adaptive Sports Centre allowed more people to participate and progress over spring/ summer 2023.

Access Adventures also supported the British team competing at the 2023 World Disabled Championships in Sacramento, California. 4 athletes brought home 11 medals including 7 golds and Team Bronze!

Individuals and groups benefitted from the newly refurbished facilities at the centre. The transformed accommodation and clubhouse spaces contributed to the positive impact services had on beneficiaries. Utilising the improved accommodation block enabled us to reach more people living in different locations across the UK.

Our winter programme included two successful adaptive alpine ski camps (one for beginners in Colorado, USA and one for intermediate/ advanced skiers in Val Thorens, France).

Beneficiaries reported increased self-esteem and confidence after taking part in our sports. 100% of respondents completing feedback indicated that their overall experience of our services was extremely positive.

Access Adventures continued to provide excellent training opportunities for volunteers, focusing on the skills needed to support adaptive waterskiers and wakeboarders. We recognise that engaging new as well as motivating existing volunteers is essential to deliver high quality services that have a positive impact on participants. Further collaboration with British Waterski & Wakeboard enabled us to increase awareness of the sport and assist other clubs to become more inclusive.

Providing regular social events at the centre alongside active and inspirational social media platforms helped us maintain strong community for a long-lasting impact on beneficiaries.

We are very grateful for support during this financial period from Together Fund, Bernard Sunley Foundation, Bruce Wake Charity, Groundworks UK, Shanly Foundation, Anton Jurgens, Green Hall Foundation, Sport England, National Lottery, Boost, Douglas Bader Foundation, Geoff & Fiona Squire, Enterprise, Garfield Weston, Percy Bilton, Wheelwrights Foundation, VMware and Teleflex. Thanks also to our community fundraisers and regular givers.

Main challenges

Finances remained a challenge following the major capital investment in the facilities. Trustees agreed that the refurbishment was essential due to the positive impact on service delivery. The fundraising strategy moving forwards will prioritise bringing the reserves back on target.

Finding enough reliable and skilled staff and volunteers remains a challenge; it dictates how many and what populations we can support. Increasing training opportunities and targeting specific people to create effective support is essential.

External factors beyond our control can affect service delivery. Affinity Water own the site where Edge Adaptive Sports Centre is located which makes the charity slightly vulnerable. The low water level of the lake had a negative impact on service delivery as access was challenging. Developing services in other locations needs to remain a focus.

Plans for the future

Beneficiaries will continue to benefit from the major refurbishment of the centre. We plan to increase the number of residential camps available to individuals and groups. The improved accommodation facilities on offer expands the reach the charity has across the UK and allows us to work on continued participation and progression.

Increasing the number of staff and volunteers with the relevant training is essential to allow growth of our service delivery.

Expanding of the different experiences we offer remains a priority, with development in new adaptive sports, other locations and services for specific groups.

Access Adventures plans to continue working with British Waterski & Wakeboard, the National Governing Body, as one of their key delivery partners. This is to help other waterski clubs be more inclusive and increase opportunities for more people with disabilities.

The fundraising strategy is vital in the success of our development. Access Adventures will continue to work with grant & trust providers, plus build and strengthen corporate partnerships.

Reserves Policy

The trustees recognise the need to hold reserves to allow protection of the charity's activities and to promote balanced, long-term strategic planning. However, trustees exclude from the free reserves all designated funds. The trustees’ policy is that the unrestricted reserves held by Access Adventures should be between 6 and 9 months of operating costs to ensure charitable activities can be funded without interruption should there be a sudden decline in income.

This ensures that commitments made, for example, in the form of contractual commitments to staff, suppliers and funding partners, can be met with confidence. In addition, the trustees have

established that a contingency should be held to meet any unexpected costs associated with the infrastructure required to provide services, including buildings, boats, and other equipment. In total and in line with this policy, the trustees target for reserves is between £102,000 and £145,000.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACCESS ADVENTURES

CHARITABLE INCORPORATED ORGANISATION For The Year Ended 31 March 2024

Independent examiner's report to the trustees of Access Adventures

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st March 2024.

Responsibilities and basis of report

As the charity's trustees 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 charity's accounts carried out under section 145 of the 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 charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the ap[plicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with this examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Colin Thomas Wilks FCMA FCCA Colin Wilks & Co Limited Suite 2, Douglas House 32-34 Simpson Road Fenny Stratford Milton Keynes MK1 1BA

Date: 28th August 2024

ACCESS ADVENTURES CHARITABLE INCORPORATED ORGANISATION

REPORT OF THE TRUSTEES For The Year Ended 31 March 2024

Notes
INCOME AND ENDOWMENTS FROM
Accomodation rental
Activity provision
Membership Fees
Sales / hire of equipment & merchandise
Catering sales & Bar Income
Private Hire
Swim Heron
Government grants
Donations and legacies
2
Total
EXPENDITURE ON
Raising Funds
3
Charitable activities
3
Other
3
Total
NET INCOME / (EXPENDITURE)
Transfers between Funds
Net Movement in Funds
RECONCILIATION OF FUNDS
Funds transferred from Yorkshire & Central
Funds transferred from BDWWA
Restricted Funds utilised & transferred
Total Funds brought forward
TOTAL FUNDS CARRIED FORWARD
2024
2023
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
3,795
3,795
769
37,708
37,708
47,510
2,076
2,076
1,214
816
816
563
6,128
6,128
2,637
14,427
14,427
6,180
9,847
9,847
10,530
0
120
90,005
80,913
170,918
122,035
164,802
80,913
245,715
191,558
4,307
4,307
2,015
24,473
23,250
47,723
37,811
218,941
51,871
270,812
347,773
247,721
75,121
322,842
387,599
(82,919)
5,792
(77,127)
(196,041)
(82,919)
5,792
(77,127)
(196,041)
0
0
0
0
0
0
0
0
0
0
0
0
579,182
0
579,182
775,223
496,263
5,792
502,055
775,223

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities of Access Adventures.

ACCESS ADVENTURES CHARITABLE INCORPORATED ORGANISATION BALANCE SHEET At 31 March 2024

Notes
FIXED ASSETS
Tangible Assets
6
CURRENT ASSETS
Cash at bank
Debtors
CREDITORS
Amounts falling due within one year
7
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
Unrestricted Funds
8
Restricted Funds
8
TOTAL FUNDS
2024
2023
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
430,934
430,934
480,412
66,712
5,792
72,504
105,576
4,450
4,450
290
5,833
5,833
7,096
65,329
5,792
71,121
98,770
496,263
5,792
502,055
579,182
496,263
5,792
502,055
579,182
496,263
579,182
5,792
0
502,055
579,182

The financial statements were approved by the Board of Trustees on and were signed on its behalf by:

Gordon Bloor Trustee Date:

ACCESS ADVENTURES CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2024

1 ACCOUNTING POLICIES

Basis of preparation

These accounts have been prepared under the historic cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.The financial statements of the charity have been prepard in accordance with the Charities SORP (FRS102) 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 (FRS102) (effective 1 January 2015), Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", and the Charities Act 2011.

Income

All income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources, and the monetary value can be measured with sufficient reliability.

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102

Grants and donations are only included in the SoFA when the general income recognition criteria are met.

The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.

Expenditure and Liabilities

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost relating to the category.

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

The charity made no redundancy payments during the reporting period. No material item of deferred income has been included in the accounts.

The charity has debtors and creditors which are measured at settlement amounts.

Taxation

The charity is exempt from corporation tax on its charitable activities.

ACCESS ADVENTURES CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For The Year Ended 31 March 2024

Tangible Fixed Assets

These are capitalised if they can be used for more than one year and costs at least £1000. They are valued at cost less accumulated depreciation. The depreciation rates and methods used are disclosed in Note 6.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2 INCOMING RESOURCES

Income in the current period is from donations, accomodation rental,and waterski & wakeboard activities previously carried out by the British Disabled Water Ski & Wakeboard Association. All income is entirely attributable to the Charity's principal activities and objectives.

There was no restricted income brought forward from earlier years. During the year there were restricted income receuipts totalling £80,913 of which £75,121 was spent during the year leaving £5,792 of those restricted funds carried forward.

ACCESS ADVENTURES

CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For The Year Ended 31 March 2024

3 ANALYSIS OF EXPENDITURE

ANALYSIS OF EXPENDITURE
2024 2023
Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ £ £ £
Expenditure on raising funds:
Incurred seeking donations 730 730 1,131
Branded merchandise 1,567 1,567 373
Advertising, marketing, direct
mail and publicity 2,010 2,010 511
Total 4,307 4,307 2,015
Expenditure on charitable activities:
Camp Activity costs 24,473 23,250 47,723 37,811
Total 24,473 23,250 47,723 37,811
Other
Depreciation of equipment 49,478 49,478 59,166
Heron site costs 9,690 51,871 61,561 138,630
Staff Costs 149,002 149,002 140,322
Administration costs 9,211 9,211 8,191
Accounting and legal fees 1,560 1,560 1,464
Total 218,941 51,871 270,812 347,773
TOTAL EXPENDITURE 247,721 75,121 322,842 292,971
Within the unrestricted expenditure on Camp Activity costs, the following items are material:
£ £
Catering 4,530 3,637
Bar 2,555 0
Activity provision 0 44,725
France ski trip 1,967 0
Colorado ski trip 5,548 0

The Accounting and legal fees shown above include the Independent examiner's fees of £1560 for the examination of the accounts.

4 TRUSTEES' REMUNERATION AND STAFF COSTS

There was no trustees' remuneration or other benefits for either the current period or previous year. However, there were staff costs as follows:

Salaries and wages
Pension costs
Social security costs
Total
2024
2023
£
£
137,013
129,003
2,812
2,128
9,177
9,191
149,002
140,322

The employees were engaged in Fundraising activities and Activity provision.

5 TRUSTEES' EXPENSES

There were no trustees' expenses paid for either the current year or the previous year.

6 TANGIBLE FIXED ASSETS

Cost or valuation
At the beginning of the period
Additions
Revaluations
Disposals
At the end of the period
Depreciation and impairments
At the beginning of the period
Disposals
Depreciation charge for the period
At the end of the period
Net Book Value
At the beginning of the period
At the end of the period
Cableway
Fixtures,
and
Fittings
Buildings
Equipment
Total
£
£
£
£
203,089
416,532
6,129
625,750
0
0
0
0
203,089
416,532
6,129
625,750
£
£
£
£
96,122
44,783
4,433
145,338
26,742
22,393
343
49,478
122,864
67,176
4,776
194,816
106,967
371,749
1,696
480,412
80,225
349,356
1,353
430,934
Activity
Equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Heron Lake buildings - 5% on cost Cableway - 10% on cost Boats & Other activity equipment - 25% reducing balance Fixtures, fittings and equipment - 20% on cost

ACCESS ADVENTURES CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For The Year Ended 31 March 2024

7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Taxation and social security
Other creditors
2024
2023
£
£
2,982
3,723
2,851
3,373
5,833
7,096

8 MOVEMENTS IN FUNDS

Restricted Funds:
Service delivery
Site improvements
Safety equipment
World Champs
Unrestricted Funds:
General
Total
At 1 April
Incoming
Outgoing
At 31 March
2023
Resources
Resources
Transfers
2024
(Inc gains)
£
£
£
£
£
0
17500
17500
0
0
49048
49048
0
0
8615
2823
5792
0
5750
5750
0
0
80,913
75,121
0
5792
579,182
164,802
247,721
0
496,263
579,182
164,802
247,721
0
496,263

9 RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2024.