Ch•rfty numb•r'. 116577fj ACCESS ACCOUNTANCY UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 ACCESS ACCOUNTANCY CONTENTS P9g8 R•l•r•nc• •nd •dmlnl$trntlv• d•t•ll• ot th• charlty. Its Tru•t••• and advl80rn Tru•ts•i' roport Indgp•ndgnt oMmlnorf• r•port St•t•m•nt of financl41 actlvltl B*lanc• •ho•t Not•• to lh• flnanclal •t•t•m•nts 10-15 ACCE58 AccouKfANCY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2023 Truste S Scott. Chair (appointed 14 June 20231 H Garv8y, Forrn8r Chair Ir8signed 30 Junè 20231 K E Mathars Irestqn8d 7 October 20231 M A Gomersall Ireslgned 30 Novembor 20231 E Thowood R Argyle Ir881gned 19 December 20221 S H L•squ•rr• Iréslgn•d 1 October 2023) C Clough18ppolnled 3 March 2023 J Barnett lappointod 1 MBich 20241 M Ramli lappolnled 2 February 20241 J 8rown {r•8lgnod 28 July 20231 J B¥il&y B Patel IreBfjgn8d 14 May 20241 J Cosgrove Ireslgnod 15 September 20221 D BrfY)kès18ppolntod 21 F8bru8ry 20241 J BrookB loppolnted 28 February 20241 W Cl¥m&ngon1gppointod 22 M8y 20241 C Malon lappolnled 21 May 20241 Charlty f•glJJttrr•d numb•r 1165776 Prln¢lpal offl¢• clo ICAEW Chartered Accountants Ho11 Moorg8le Plaee London EC2R 6EA Indèp•nd•nt •xamln•r Par88h Radla FCA RDP Nèwmans LLP Lynwood House 37M75 Station Road Harrow Middlesex HA12AW Page 1 ACCESS ACCOUNTANCY TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2023 The trustees pvesent their annual roport tOg8ther with the financial J181grnents ol the Acc83s Accountancy for the year from 1 Sgplember 2022 to 31 August 2023. The trustees conflrm that th8 annual report and IlnAncial stat&m¢nts comply ￿th tho relevant statutory requlrements, tho requlramènls of th& charills 9overnin9 document and the prov181on3 of the Statement of R8commènd8d Practicè ISORPI, 8ppIiB8bl8 to charities preparing thelr accounts in accordance wllh the Financlal Reporting Standard applicable in Ihe UK Bnd Republlc of Ireland IFRS 1021 leffecuve 1 January 20191. The Trustees have compllgd with the duly in section 17151 of the 2011 Charities Act In giving du8 conslderallon lo the Charity Comml3sion'8 guidance on Public Ben6fil. Detalls ol the current trustees of tha chgrily. and those WI￿ 8eryen8. Eath membvrorgan15atlon giv•5 an annual donation and the svi• ol thls annu￿ donalion varies depending on lh& s￿e ol the orgmnisolipn. Subgffjuent. to the year•rwJ, the truslee8 ha￿ held discu38iona exWng $tr¥le* lnrtlg￿ts includlng r•W•J lo Ihe fuiur• funding model of th• ¢h•ity, Whilst no ¢hong•s hm bttn mad• at this 8l•J¢ thtr trusla•s conllnue to explore lundlng slratvglu to •d8pt •nd Bnx¥ th• ch¥Fty •ustaln￿y. Tlwi for Ih8w fvnd8 hav• moinly be•n us•d to". Pay fty th* •trJte9k 18crelario1 ?uppcrt by ICAEW during th• yeAr. ￿ th• Charity has r employees, third-party support b needed lo lak• on the exten$Ne ltcMtarl81 M$p0naibilil￿5 Ihat allrw Ihe v•rb)ui grt4lP$ and 81gn•lorias ￿l¥￿¥¢d in the charity 10 Itay kn ¢ommunlc8tlon vAlh another. . Hire Th• 8rido• Grtyjp ai an exlern81 evaluator to onsure iigorous. hvjh qu•lily ev￿￿￿tIon ol th• prograrNneB n by the charlty'l ilgnalory OTganliatkns and 8UPPOrt wfth data analy￿8 qnd benchm•rklng act￿11￿. Enga9¢ wlh RMP Enterpri$0 lo craft and deliver a b￿p9k¥ ¢•mpwgn lo r¢och iludents •nd improve •worena88 of ¢¥portunilwJ$ lorw)rk •Xpor￿n¢9 ind ¢•roor8 In t￿ *¢ctsunl8ncy 1octc*. othor O•nllAI futurn ui•• ol knd• ￿14 be to the ongolng devdopmenl of tho c￿rty. knc*Jdlng •clSvttK•8 lo prtynot• •nd r•h• ww•r•nu$ of lh• ch•r*y. •nd m•k* progr••• Ag•ln8t it• cèj•Gtiv•¥. StN¢tur•i qov•rnanc• •nd rnan•g•m•nt 4. Con•tltutlon Ac¢•As A¢￿￿1￿ncY kn 8 rtyl•ter•d charty, nurnber 1185776, ArKI l• Incowirnled aB • Ch•rlt•bl• Inwor•l•d Organlsotth. Its gov•mlng doe￿￿0n1 l• th• ¢on8lttulbn as •dcpt¢d on 26 F•fnwry 2016 and •rn•nded on 29 Juty 2019. b. M•thod• ol•ppolntm•nt Or •I￿tIon of tru•ts The ¢h8flty InJ8teea jhall Con￿81 of up to five Nomtrwted TrusleeB.' o mlrthum tsf four l￿d m•xlmum d five Appdntsd Trul1￿8, ral• ￿MmItted lo on APA org#ni$•lion; on• Sc¢lal MobSMty Tru8100 on• Prolei$tswl Bojy Tru￿￿. Member oryni8atk)n• Dek￿tte, EY. KPMG. And th• N40 may •pKh aPP￿nt om Nomin*d TN•l••, f¢X such a lirn• 01 Ih•y •r• m•mb•r• of the th•rfy. Apwinl•d Tru81••8 musl bo appoJnl•d frorn amorrfJsl c4ndld8tes pul forymrd by chariil8 rn*M￿r org8nl•8tlon8. by a r•wlution of t￿ charity IruJte•s, A Soclal Mobllrty Trust￿ and PTohHbnal Body T¥￿te0 mu8t be apOni•d by a i•8olutlon ofthe chority tiuste•s. Th• ow?in9 tru¥te•8 be resP￿sIble for th• I￿uCtIOn of new tru8tee8, *thtch wwofve6 wn ww•ren•$i ol trust••'s f•8ponslbllllks, the term$ of the conslilulK>n, ¥nd •dM￿￿t￿81iVt, gov•rnonc• •nd proc•dur81. Th• tru6t¢¢s wll b6 advl8ed ol th• (•l8v￿t Chgfrfy Commi88kM guidanc8 in connoctKJn wilh th￿r rokn M Irusl•e8. Pag0 5 ACCESS ACCOUNTAMGY TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2013 8tru¢wM. fPV•m4n¢• and m•n•g•m•n¢ l¢¢•rtlnu•dl Oryunl8atlonal ￿￿¢tUr0 and d•cl¥lon4n•klng poll¢l•ffj The org•nl881(ond #lru¢iur• of th• a• lollm". Patron Grnup: Th1$ group l& rnade up of lh• charfty Iruthm 4nd 41•c¢kntM. Th• group m••li •pproxkn4t• ¥tx time¥ prA year •nd h•* Iwo k•y purpoM8'. Providrng slrat•g* dlreLiM and over81ght, •r . Le•Jinq on •n9•qer￿nt wtth • v•r*ty ol stak•hoklw• wlth 8 vl•w lo prorncrtlng wort of lh• L*•rfty. St••rln9 ar0￿P.. ThL• gfOUP Is m*Je up ￿ 1h8 knt41(Ing groups chalr, Accas8 Af%c4Jnt•rKy Treaiur•r and Acc8ss AccountarKy Secfelariat. ThSB group meot8 approx¥na¢dy ￿￿1¥0 Iirn•s • y8•f and 18 dlr•ct 4￿u￿*¥bIg for ov•rn88ing 8lx ¥%thlna groups on develcpm•nt defNery of all ch•rhabl• activltle¥, u well anwrlng that ¥lgnoiorkn8 •r• *d￿U8181Y consult•d and inform•d d•cl•bn• •ffKllrtg th• InltWIv•, All rn•mber8 d P•tran Grw, St••rlng Group l•xcW tho S•crethrt•ll •nd •ll workhg grou￿ are ¥0￿￿te*￿. T￿ wklng 9roup ar• 8•t oth In nKX• de￿1 OTr 3. 8t•l•m•nt ol tr￿10￿, v••pon•lbllltb•• Th• Iw$l•e$ •r• r•i￿ni￿￿ lor prepariTra the Tw•t••$' repcrt and lh• li￿nC￿l •tat•rn•nt¥ In K¢or￿n¢* wth *pplkabl• law •nd Untt•d KlnpJc¥n ACc￿nI￿r￿J sI￿￿8rd$ IUnll•d Klny*im G•ner81￿ ￿￿>tOd Acc￿ni1 The law •pplicti)l• lo In England 8 W408 th• trul1•￿ lo pr•p•r• 1knort1*l •tat•ment• lor each finond•l vhlch gN• • tru• falr th ol lh¢ Stab rf •11oiri ol th• ch•fjly •nd of In¢C￿￿9 mour¢es •nd aFplic*lion of I•￿￿G•S, Includir￿ its incom• •xp*￿rtur•, for th•1 p•rknd. In pry￿Trg thes• finwlclal •t4tThnt8, th• Irwlw• •f• r•gulr•d lo.. •d•ct 8uWl• 1¢￿JU￿11n9 polk4•s and Ih•n wly thwn con8lstenlly'. ¢+J8ewve the method$ and pri￿1p￿S ol ih• Chorlth•s SORP {FRS 1021.. rnak• judgmgnts and accountlng e81in•te$1tt41 re¢wn•blo •nd prud8nt; stale Wh￿¢her •pplrJbl? UK Accountln9 Slondath IFRS 1021 h•v• t￿rt lolow•d, Subj￿t to any rn•t¢rlal departure8 dS•ckJged explAined in tho fin•n¢lal 818temont6', Propafe the flnancl•l $t4l¢rn•nt8 on tho gdng c¢rtém unh•• il li wi•pprwii•l• to pr•itTh• IhAI lh• ¢hadty cantinu8 In bu￿ne61. The Iru$lee¥ are Tespon8iblo for k¢•phg •d•qu•t• •¢¢ounllng rewds thot ￿ $uffKtent to show and eyplaln Ihg chJrill• lran6actKY￿ and disck)sè ￿th rn8sonabl• OCCUfOCy at Qny tirne the lknandal positic￿ of th8 tharfly and •Tr￿• thorn to •ngure th•t th? f￿9￿ClI ￿￿tem￿nI8 compty with th• chorit￿ Act 2011. th• Chartty IAccounl• Ar￿ Reporlsl R¢gul•tiono 2008 and lh• prov181ons ol the Chwty Constitut￿ffl. Th•y ar• rwpJn51ble for s•fegyJrdM19 Ihg 98s01g of th• ch•rily l•king mgonatla lteps for the pfov•nt•)n gnd fraud ar￿ othw Irragularitw. Apprmd ty crfderofth¢ memb8rn d th• dtru*e•8 and jigned on thelr bsh•W by.. 8 Scott Chair )-6-zoL Page 6 ACCESS ACCOUNTANCY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2023 Indep•nd•nt examln•rf8 rnport to tho tru•tO0¥5 of Aee•s• Accouortancy Iyhtr ¢harlty} I report to th8 charlty trustoes on my expminathon of lh$ occounts of the charity for th• year ended 31 Augugt 2023. Respon•lbllltle4 •nd b?sl¥ of r•port AS the trustees ol the charfly you arè r8$pon51bla for the preparallon of the accounts In accordan¢• w5th tho requirernanis of the Charities Act 20111'lhe 2011 Acl'l. I reporl in resp8Ct of my examination of the charitl5 account$ ￿rrI￿d out under section 145 of the 2011 Act and in carrylng out my axaminotion I have followed the appllcable Direction8 glvan by the Charity Commlsslon undar secllon 14SISllbl of tha 2011 Aci. Ind•p•nd•nt •xamln•rf8 8tat•rn•nt I have completed my examlnetlon. I conflm that no mallèr8 have ¢ome lo my attenllon In conne¢llon ¥￿th th• examinatSon 9lvln9 ma caus8 to b&l+ava that In any material respect.. accountin9 records wer8 not kepl In respect of the charity aB required by Sgction 130 of the 2011 A¢1: or the accounls do not accord wllh Ihose records,. or tho accounts do not comply with tha applicable r8quir8ments concernlng the lom ond content of a¢counl8 801 out in the Charlties IAc¢ounls and Report81 R8gulallon8 2008 other than any requlrgmenl that th8 accounts glve a 1rue and falr. vlew whlch Is not a mattgf ￿nsIdered as part ol an Indopendonl examSnaUon. I have no concerns and have come acroB8 no other matter8 Sn conngdon wlth tho exominafjon lo whlch aliantlon should bo drawn In thls report In order to enable a proper underslandlng of tho occounts to be reached. ThSs roport Is mad8 sol&ly to th8 charflys truste8s, Bs a body, In accordancè wlth 88Ctlon 145 ol the Charllles Act 2011. My work ha$ been undertak¢n so that I mlght stale to the charftys Iru81ees Ihoge m8tter81 am requlfed to 18le to them In thls report and for no other purpo39. To th¥ lullost axlenl pemiltted by law. I do not 9¢¢8pt or assurne re5ponslblllty lo anyone otrer than thè ch8rlly ènd the ¢h8rity's tw$1￿8 As a body. for my work, for Ihl$ report, or for the opinions I have lomied. Signed.. Par•$h Radla FCA RDP NewmaD$ LLP Lynwood House 373-375 Stadon Road Harrow Middlesex HA1 2AW Page 7 ACCESS ACCOUNTANCY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENOED 31 AUGUST 2023 Unr•8trlct•d funds 2023 Totsl funds 2023 Total funds 2022 Not• lo)come from: Charit8bl8 ￿tIvitI￿S 117.521 117,521 114,625 Total Incom• 117.521 117,521 114,625 Exp•ndltur• on: Charftablo acllvltlas 120,491 120,491 90,115 Total •xp•ndltur• 120,491 120,491 90,115 N•t •xp•ndltur• 12,9701 12,9701 24,510 Net mov•mont In lund• 12,9701 12,9701 24,510 R•¢on¢lll•tlon ol fund•: Total funds brought forward N•1 movthmant In funds 59,811 12,9701 59,611 12,9701 3S,101 24,510 Totsl lund• ¢arr￿d forw•rd 56,041 S6,841 59,011 There are no re81rfctèd lund8 for either the curr•nl or prfor yeor. Th• not•s on pag8$ 10 to 15 form part of the80 finand81 $latgmgnl8. Page 8 ACCESS ACCOUNTAMCY BALANCE SHEET AS AT 31 AUOUST 2023 2023 2022 Curr•nt •¥••ts Cath at bjnk •nd in h•nd 136,412 I25,￿1 13&4W2 123,￿1 CfedAorn: •rTrJunt• fillng du• wlthln on& y•ar 1718411 ie6,29)1 N•l ¢urr•nl a•s•l• 68.641 S9.811 Totsl n•1 a•••i• 58.841 59.611 Ch•rlty fvnd• R•8trlct•d fundb Un¢•￿rIet•d luThJ• 59,611 Tot•1 lund• 69,811 Th• fln•nd•l tht•m•nt• w•r• oppiov•d •NI •JthovlMd lor IMu• by th• trv•l••• •nd •lgrk•d on thdr beh4fby'. S Scott Ch•lr )-6-Zoz Th• n¢tss on pag•• 10 to 15 lorn p•rt ol Ih•M fln•rKl•l •t*Thnth. Po4e 9 ACCESS ACCOUNTANCY NOTES TO THE FIMANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 G•n•rnl Intormatlon Acc￿& Acc￿nI*[beY i¥ a Charttabkn In￿￿ted Organ￿1)n gov•rn•d ty COn￿t￿lYJn •1 •dcf4•d on 26 F8bru8ry 2018. Ae¢ounilng poll¢l 2.1 8••1• ol Pr*￿￿tIon olflnanel•l •ut•m•nts The nnanclal •talemeThts ha6* bean pr•par•d In 8Kcordanc• ￿th Chariti•s SORP IFRS 1021 . A¢eounling and Reprytir4J by Ch•ritle•.' St•tement ol Recrynmended PrBCtlce appl￿3￿1• lo CharIt￿9 preparing their accoun1• In accordance with th• Roportln9 Standard 4ppllcAbh kn the UK d Rep￿)￿.¢ ol Ir•l¥)d IFRS 1021 {ell•clw• 1 Januory 20191, th• Fln•ncl•l Reporting Stsnd•rd Jplkabl8 in tho UK and RepublSc ol Ird•nd IFRS 102) •nd th• Ch•rlll•8 Act 2011. A¢c•81 Account4n¢y ¢cffl8lltul•• • pubHc b•n•lll antlty al d•lkn•d by FRS102. A8oat• •nd lknbllltbi Aro Inltlalty mc4onlMd al h1$￿¢ coat or v￿u8 unle81 othern1￿ •t•l•d. charty hai tak￿ *Yv￿1&ga of the prow81on8 In th• SORP Upd￿e 8uH•tln 1 not to • Slat•m•nl ol Cash Flows. The WA>unt8 w• prepAr•d In •1•rlkng. whbch i• tho lunctkjnal cwrwKy of th• tharty. MM¢t•ry •mount• In Ih88• Ilnan¢W 9tal￿•￿I aro found•d tr) t￿ n•are8t pound (£1. 2.2 Qolng ¢on¢•fn After miklng 4pproprJDte •Dqu¥*, Ihe trustea8 a rea80nabl? expectotbn Ihal th• chwlly hb8 •dequat8 r880lJfc￿ lo ccrtlnue In op•r*llon* •xi•t•nc• for th• lor•81•abla futur•. b•lng a ot knasl 12 month8 from th• dat• of apprsJv81 ol lh• IlnancLg1 81ataments. For th59 reason Ih•y ccffllhu• to adopt th• golng concem ￿11* h pwiwing Ihe fin•nci•l •thiements. 13 Incom• IrK¢m i• roc•N•d 8• donatp3n8 from m•M￿r er9antsatlona IwArd$ chpr**l• ac11￿1￿ and 2orvlceB provthd to m•mber orqonl8atbrn. Incorn from theae ￿rviCeS 15 r•cognls•d In th p•r In whlch the se￿CeS ar• pro¥id•d. 2A Fund aeeountl*)g All lund8 are un￿trICt•d •rd ar• •v•l•bh lor LO• •1 lh• d1•cr•I￿￿ of th• tru818•• In fLAlh•M¢e ol th• 9•n•r•l ollhe rharNy 4TrJ hw• fi¢A been dwbntthl lor other purpou8. 2.6 Exp•ndlluv• EXpendIu￿1$ rKognised orKe t￿re Is a or conslructi¥r obligation lo transler xcfflomlc b•n•fil to a thlf4 paffji, tt Its probabl• th•t • trwtyfer of e¢onc¥))i¢ bentsfts wll bè f¥quired in getlK8meni and th• •mount ol the oblwpjn rAn b8 m•8$urgd mllably. Al expenditure 1$ Ac¢cunt•d for M •n a¢uu•ls baois. and 1$ •lb¢*d lo th• •pplk8blè •xp•ndtture 8dlng•. P¥90 10 ACCESS ACCOUNTANCY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Aecountlng pollcl•• {contlnued) 2.5 Exp•ndlturo Icontlnu•dl Reseorch. charitable activlties and Support Costs arè those c08t8 Incurrgd directly in support of the objects ol the charfty. Gov8rnanc8 costs are those incurred in connection with compllancs wlth constitutional and statutory requiiern&nl$. 1 gxpenditure 1$ Sncluslve 01 irrecov8rabl8 VAT whor* oppllcoble. 2.6 Ca8h al bank and In hand Cash 8t bonk and In hand Indudes C&Bh and ghort-tèm hlghly Ilquld In￿StMant& vAth a short maturfly of thr88 fflonths orlgss from the dale of acquisition or opgnin9 of the depc*3il tsr slmllar account. 2.7 Llabllltl•• and provl$lon• Llabilttle3 and provlslon$ gre rgcognlged when there Is 8n obllgatlon at the BBl8ncg 8hget date as a result of a past event, it probabl• that a transfer of economic b&nofit will b8 requireil Sn $8ttlement, and thè amount ol the sewement be measured or esbmaled TeliaNy. Liablllues and provI81on$ are rK*miglly rg¢0gnised At their setllernenl amount after allowlng for any dSscounl8 dug. 2.8 Flnanclal In*trum•nt• Th8 eharlty has o18clgd to apply Sectlon8 118nd 12 01 FRS 102 In respect of finan¢l81 Instruments. Flnanclal a8sels and flnancl81 IlablllUe8 are recognlsed when thè charity becomes party to the contradual provlsions of the inslrumenl. Flnanclal118bllilio$ and oquSty Sn8trument8 are cLgssilied a¢¢ordlng io the subBlanc8 of the contractual arrangements entered into. An equlty In$trum8nt Is any contract that aVldèn￿5 a res)du81 Inlwg$1 In thè 8s881s of the charlly after de¢Juctlno all of it# Ilablllties. The chBrlly'3 pollcleB for its major cla889$ of financial a8Bel3 and financlal11obilitl8s are sèl oul b¥low. FlnAn¢lal ••••ts fSnancl81 a¥8et5. Including cash and bank bal8ncg8. 8r8 Inltlally recognlsed at Iransactlon prlce, unles8 the arrangemtrnl consUlule8 8 financing transaction, where th8 transaction is mea8ured al the presenl value of the lulure receipts discounled #t a market rale of interest for a sirnilai debt Instrument. Financlng transacllons are those In which payment Is deferred beyond normal busln65S terms or is financed al a r81è of intere* th8t is not B market rate. Such 8ss&tS are subsequently carrled at amortlBed co$¢ uslng th& effective inleresl melmd. kns any Impalm6nl. P39È 11 ACCESS ACCOUNTANCY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Accountlng ptsllclo¥ l¢ontinuodl Fln•nclal Instruments {contlnuedl Flnanelal Ilabllltl•• Basic financlal Ilablllll88, Includlng trade and othor uedltors. ara Inltlamy racognSs8d 8t transa¢tlon pric8, unless the arrangement conslltutes a financln9 transacllon. where the debt In$trumenl 18 m8asured al the present valu& ol thg lutur& payments di8counled al a markol ral& of interest for slmilar dobl In$trumenl. Fln8n¢Sng Ir8n88¢llons are those In whl¢h payrnenl Is deferred beyond normal bu31ne35 lems or 18 financed al a rale of interest that 15 not 8 market rate. Dobt in8lnJmants ar8 8ubs8qu&nUy ¢8rrf8d al amcdsed cost, using th& effective Inler&$l rale method. Impalrm•nt ol flnancl41 •*••t# Fln8nclBI 8$￿13 m08svred al cost and amortlsed c05t ale asse8sed at the end ol each reportlng p?riod lor oblecllvg evidence of impalrmenl. If oblectlve evldence of lrnpalrment 18 found. an irnp8irmenl loss Is ￿¢09n￿sed in the profil and loss account. FOT flnanclal a8so18 m•asur8d at cost 1988 Impalrmonl, th8 Impalrm•nl 1088 18 mea8ured 88 the dlfferen¢o boNveon the 888?I's carying arnounl arKI the be318311Tnale of th8 amount the compony would recelve for the asset Sf It were lo be 80hJ at the reportlng dale. For financial assols measured ot amorti$ed cost, th$ impoirm&nl lo$$ 1$ mo88ured 8$ the difference b¢lw?en the 8s861'$ ¢8rrying amount and the pre3enl value of e8tirnaled cash flows dlscounted al the asset's original effectwe interest rat¥. 11 th• linanclal 8SS8t has a variBbl8 Snler8St ralè, tha dlscount rat• for measurlng any Impairmènt loss Is th¥ Current gffo¢llv& Inleiesl ralo delerminod tsnder the ¢ontr8Ct. If there18 a decrease in the Impalrment loss orSslng from an w8nt occurrfng aftar thè Impalmiant w88 recognSs8d. tha lrnpalrmanl Is r&versed. Th& revorsal 18 such that the current Carrylng amount does not &XCOgd what th& ¢arryng amount would have been had the Impalrrnenl not prevlously been recognS3ed. The impalrmenl reversal Is r8cognised In profft or loss. D•r•eognltlon of ffinan¢l•l a••ots and Iln•ncl•l Il•bllltl•¥ Flnanclal assets aro d&rgcognls80 when 181 th8 contractual rf9hl8 10 the c88h flows from the asset expir8 or 58tdgd. or Ibl sub31anlially all the risks and rewards of the ownership of the asse¢ aro transferred to anolhor party 01 Icl de8plle havlng relalned some signlllcant rf8ks and rewards of ownership, control of the asset has been transferred to anothor paty who hag the practical ablllty to unil8lerally Sell the asset lo an unrèlatèd third party wlthout Imposlng additional rastrictions. Financial liabilities are derecognised when the liability is exlinguished, that Is when tha eontroctuthl obligation 15 dlscharged, cancelled or 8xplr8S. Offsettlng of flnanclal 0$80ts and financial Ilabllltle• Financial assets and liabiliti•s arg offsgt and thg ngt 8mount reported in the balan¢9 ¥he8t when there Is an enforceable rlght to sel off the re¢tsJnlsed amounts and there is an intention tts settle on n&t basis or lo r¢ali$o the as8el and settle the IlabS1ity simultaneously. Page 12 ACCESS ACCOUNTANCY NOTES TO THE FINAMCIAL STATEMENTS FOR THE YEAR ENOEO 31 AUGUST 2023 Incom• from charltabh •ctlvltl•s Unrestricted lunds 2023 Total fvndty 2023 TotBI funds 2022 R8cglpts from marn￿r organlsatlon8 117,521 117,521 114.825 Analy•ls ol •xp•ndltur• by •ctlvltl•• A¢tlvltl•s Support and und8rtaken gov•mane• dlr•ctly 2023 Total fund8 2023 2023 Research Into 50clal moblllly Campalgns to ralse awargn888 Secrètarial support Op8ralional and other ¢0518 Indepond&nl oxamlnatlort fe& 26,622 45,000 26,622 45,000 30,000 16,789 2,10Q 30.000 18,769 2.100 71,822 48.8e9 120,491 Activllles Support and undertakan govoman dlrectly osts 2022 2022 Total funds 2022 Research Into ¥ocl81 moblllty Campoigns to ralse awaranas$ S8cretarSal support Other Independonl examlnatlon f&0 26.622 32,000 26,622 32,000 30,000 113 1,380 30,000 113 1.380 5e,622 31.493 90,115 Page 13 ACCES5 ACCOUNTANCY NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 AUGUST 2023 Indop•ndgnt •x4fftlnorf¥ r•muneratlon Th8 indep8nd&nt examinerfs remunaratbn amounts to an indgpendenl examiner fee of £2,10012Q22 - £1.3801. Tru•tM•' rnmun•ratlon and •xp•n••• Thgre wgre no employees during the year or the prevlous year. No Iruslee rec8lved any remunerallon 12022.. £NIL) for their services and no trustee was reimbursed lor expenses incurr8d on b8half of th charity. Crgdltori: Amounts f4lllng duo wlthln one y•ar 2023 2022 Trade creditor5 Aecruals and deferred in¢om• 1.560 Tl.281 66,290 78,841 66,2S￿l St•t•mtnt ol fund• Stat•m•nt of funds . eurr•n¢ y••r Balane• At 1 S•ptembor 2022 8alance at 31 Augusl 2023 In¢om• Exp•nditur• Unr•strlct•d funds Reserye 59.811 117,521 {120.4911 56,641 Stat•m•Tht of fund• - prlor y•ar Balance al 1 Septèmb•r 2021 Balance al 31 August 2022 Income Expendltur¢ unr•strIct￿ funds R93erve3 35,101 114,625 190,1151 59,611 Page 14 ACCESS ACCOUNTANCY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Analysls of net asg•t8 b•tw••n funds Analys1• of net ¥s$•t$ b•tw•en fund8 - current year Unrestrl¢tod lunds 2023 Total fund 2023 Current assets Creditors due within one year 135,482 178.8411 135,482 (78.8411 Totsl 56,641 56,641 An•ly•l• of n•t ••••t$ b•tw••n fund•. prlor y•ar Unrestrfcted lund$ 2022 To181 lunds 2022 Currant asset8 Credllors dug WithSn ona yeai 125,901 166,2901 125.901 166.2901 Tot•1 59.611 59,611 10. R•latad party tr8ns&etlons None of our tru81885 rec61v8 remunerallon or other beneflt lor Ihelr work ￿th the chorfty. DonBtiong from m&mbgr or98n188￿on8. whom th¥ tw8t808 have a COn￿Gi10n, are feceived withoul ondillonB attached. Slnce l Octobèr 2020 th8 ch8rity h88 re¢elved 8&cr8t8rlAt support from ICAEW. a member org8n1$8110n. In connection with these seryices an expense of E30,00012022.. £30,000) h8¥ been ehorged in the ye8r lo 31 August 2023, with £27,500 outstondlng at the year-end 12022: £27,500> and Included ￿thin accruals and defarred Incomg Ipr¢sgnled in note 71. Pago 15