2024-03-31-accounts - Advice Support Knowledge Information

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ADVICE SUPPORT KNOWLEDGE INFORMATION (A CHARITABLE COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS/TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

ADVICE SUPPORT KNOWLEDGE INFORMATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

	Page
Reference and Administrative Information	3
Chair’s Report	4
Acknowledgement	5
Directors’ / Charity Trustees’ Report	6-7
Independent Examiner’s Report	8
Statement of Financial Activities	9
Balance Sheet	10
Notes to the Financial Statements	11-16

ADVICE SUPPORT KNOWLEDGE INFORMATION

REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

COMPANY NAME: ADVICE SUPPORT KNOWLEDGE INFORMATION

OTHER WORKING NAME: ASKI COMPANY NUMBER: 08324877 CHARITY NUMBER: 1171343 DIRECTORS/TRUSTEES: MICHELLE FORD TAJEDA KELLY RIENNE CORBETT CHAIRMAN: M FORD CEO J JEFFERS REGISTERED OFFICE: 299 London Road Croydon CR0 3PA BANKERS: SANTANDER INDEPENDENT EXAMINER’S: Maroof Adeoye (MBA, DChA, FCIE, MInstF) Registered Charity Independent Examiner Community Benefit Action CIC 30 Union Road, Croydon CR0 2XU

ADVICE SUPPORT KNOWLEDGE INFORMATION CHAIR’S & CEO’S REPORT FOR THE YEAR ENDED 31 MARCH 2024

CHAIR’S REPORT

Dear Board of Trustees, Volunteers, and Funders,

I am pleased to present the annual Chairs Report on behalf of our non-profit organisation, which focuses on serving older people in our community. This report highlights our organisation's achievements, challenges, and plans as we strive to provide a wide range of services to older individuals.

Over the past year, our organisation has delivered a wide range of services to meet the needs of older people in our community. Our dedicated staff and volunteers have worked tirelessly to ensure that our services are accessible, inclusive, and of the highest quality. From providing health and wellness programs to offering social and recreational activities, we have significantly impacted the lives of the older people we serve, a testament to the meaningful work we do.

It is important to note that the demand for our services is increasing. As the population of older individuals continues to grow, so does the need for support and assistance. We have witnessed a steady rise in the number of individuals seeking our services, reinforcing our work's importance. This increased demand is a testament to the trust and confidence that the community has placed in our organisation.

Our dedicated team has been actively working on various fundraising initiatives to meet the growing demand for our services. We have organised successful fundraising events, contacted potential donors, and explored grant opportunities. While fundraising can be challenging, we remain committed to securing the necessary resources to continue delivering our vital services to the older people in our community.

I want to acknowledge and express our deepest gratitude to our Board of Trustees. Your guidance, expertise, and unwavering support have been instrumental in our organisation's growth and success. Your commitment to our mission and vision inspires us to reach new heights and make a lasting impact in the lives of older people.

I would also like to extend our heartfelt appreciation to our dedicated volunteers. Your selfless contributions of time, skills, and compassion have made a significant difference in the lives of the older individuals we serve. Your commitment and enthusiasm are invaluable; we genuinely appreciate all you do.

Lastly, I would like to express our sincere gratitude to our funders. Your generous support and belief in our mission have enabled us to continue providing vital services to older people in our community. We are grateful for your partnership and your trust in our organisation. Your contributions have made a lasting impact on the lives of many.

Looking ahead, we remain committed to serving older people with compassion, dignity, and respect. We will continue to adapt and innovate to meet the evolving needs of the older population and work diligently to secure the necessary resources to expand our services and reach even more individuals in need. We intend to extend our dance reach with The Place to create more opportunities for older people to engage in various dance classes and create dance works.

We intend to develop our business plan and fundraising strategy further to ensure we are well-placed to meet the growing challenges of service demand.

In conclusion, I would like to thank all of you for your dedication, support, and commitment to our organisation. Together, we have achieved remarkable milestones. Your support is integral to our success. I am confident that with our collective efforts, we will continue to make a positive difference in the lives of older people in our community.

Sincerely,

Michelle Ford Chair of the Board 26 June 2024

ACKNOWLEDGEMENT

The continuation of ASKI would not be possible without the generous help of our funders and everyone connected with us. ASKI would like to thank the following funders for their generosity and continued support over the past 12 months:

BBC Children In Need
City of London
Community Action Sutton
Crowdfunder UK
Croydon Council
Ealing and Hounslow CVS
Garfield Weston
Groundwork UK
Kickstart from SCC
LBS Creditors
Local Giving
London Community
London Learning Centre LLC
London Sport
London Youth
Mercers Trustee
People's Health
RUKBA/Independent Age
Sport Unites
The Church Urban
The Health Forum
The Kings Fund
Trust for London
Youth Isolation

ADVICE SUPPORT KNOWLEDGE INFORMATION DIRECTORS’/CHARITY TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Directors presents its report with the unaudited financial statements of the company for the year ended 31 March 2024.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 10 December 2012 and registered as a charity on 27 January 2017. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association with resolution of alteration on 5 December 2016. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Recruitment and Appointment of Directors

The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the charitable company may by ordinary resolution appoint a person who is willing to act to be a director; and determine the rotation in which any additional directors are to retire. All members of the Directors give their time voluntarily and received no benefits from the charitable company. Any expenses reclaimed from the charity are set out in note 12 to the accounts.

OBJECTIVES AND ACTIVITIES

Our charity’s purposes as set out in the objects contained in the company’s memorandum of association are:

a. To relieve poverty among people living in in Surrey and the surrounding areas by providing education, training, information, advice and support.

b. To promote social inclusion for the public benefit by preventing people from becoming socially excluded relieving the needs of those people who are socially excluded and assisting to integrate into society.

For this clause ‘socially excluded’ means being excluded from society, or part of society, as a result of being a member of a socially and economically deprived community.

Our main activities the provision of education, training, healthcare projects to relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage

ACHIEVEMENTS AND PERFORMANCE

Through our various activities as detailed above, ASKI was able to achieve the following:

resolving issues surrounding many disadvantages and difficulties arising from, or which cause, the
lack of financial or material resources;
provides solutions to problems that is giving rise to poverty and preventing it from happening, such as
poor health and nutrition, and low achievement in education and other areas of human development;
direct public benefits in the area of reduction in crime and anti-social behaviour due to reduction in
poverty;
enable individuals to generate a sustainable income, be self-sufficient and bring the quality of life of
the beneficiaries to a reasonable standard;
alleviating social conditions that can lead to, or can be caused by poverty

FINANCIAL REVIEWS

Against the backdrop of limited resources and insecurities over funding, the company, with the support of grant funders, donors, directors and volunteers, was able to minimize its net unrestricted funds to £73 surplus (2023: £1,501) and with its aid of sound financial management, the charitable company was able to cope without affecting its services and existence for the foreseeable future.

Policy on Reserves

The charity policy on reserves aims at building up free reserves to the level needed to cover up to three months operating expenditure by means of annual operating surpluses and supplemented by generalpurpose appeals from time to time. Any surplus funds which are not likely to be needed to pay for activities will be placed on deposit to earn interest. This Policy will be reviewed every other year, at minimum, or sooner if warranted by internal or external events or changes.

ACCOUNTING AND REPORTING RESPONSIBILITIES

The directors are responsible for preparing the directors Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice).

Company law requires the Directors to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of the incoming resources and application of resources, including the income and expenditure of the charitable company, for the financial period. In preparing these financial statements, the directors are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgments and estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in operation.

The Directors is responsible for:

• keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and which enable them to ensure that the financial statements comply with the Companies Act 2006 and

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions for small companies under Part XV of the Companies Act 2006.

This report was approved by the Directors on 26 June 2024, and signed on their behalf by:

Tajeda Kelly Director

ADVICE SUPPORT KNOWLEDGE INFORMATION INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MARCH 2024

To the trustees/directors of ADVICE SUPPORT KNOWLEDGE INFORMATION

I report to the charity trustees/directors on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 9 to 16.

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 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

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Charity Independent Examiners (ACIE).

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable 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 the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Maroof Adeoye MBA DChA FCIE MInstF Registered Charity Independent Examiner Accman & Co Accountants Maroof Suite, 30 Union Road Croydon, Surrey. CR0 2XU

Date: 26 June 2024

ADVICE SUPPORT KNOWLEDGE INFORMATION STATEMENT OF FINANCIAL ACTIVITIES (Including Income & Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted Funds Note £ Incoming resources from charitable activities Voluntary income 2 - Other incoming resources 3 19266 Total incoming resources 19266 Resources expended Costs of generating voluntary income - Charitable activities 4 17543 Governance 5 1650 Total resources expended 19193 Net incoming/(outgoing) resources 73 Total funds brought forward 13334 Total funds carried forward 11 13407	Restricted Funds £ 175188 92942 268130 0 268091 0 268091 39 1038 1077	*2024* Total Funds £ 175188 112208 287396 - 285634 1650 287284 112 14372 14484	*2023* Total Funds £ 219316 64891
			284207
			0 300965 1703
			302668
			(18461) 32833
			14372

All incoming resources are derived from continuing operations. The charitable company has no other gains or losses other than those recognised in the Statement of Financial Activities.

ADVICE SUPPORT KNOWLEDGE INFORMATION BALANCE SHEET AS AT 31 MARCH 2024

Note £ Fixed assets Tangible assets 6 6452 Investments (unlisted) 0 Current assets Debtors 7 4050 Cash at bank and in hand 8 9672 total current assets 13722 Current Liabilities Creditors: amounts falling due within one year 9 5690 Net current assets Total Net Assets The funds of the charity Unrestricted income funds 10 Restricted income funds 10 *Total funds* 11	*2024* £ 6452 8032 14484 13407 1077 14484	2023 £ 8603 0 8603 4050 4411
		8461 2692
		5769
		14372
		13334 1038
		14372

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities;

• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies’ subject to the small Companies regime.

This report was approved by the director on 26 June 2024, and signed on their behalf by:

Tajeda Kelly Director

ADVICE SUPPORT KNOWLEDGE INFORMATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. Principal accounting policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s financial statements.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with: Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005 – Second Edition May 2008) and Financial Reporting Standard for Smaller Entities (FRSSE) (Effective April 2008); the Charities Act 2011 and Charities (Accounts and Reports) Regulations 2008; the Companies Act 2006.

Incoming resources

All material incoming resources have been included in the Statement of Financial Activities when the company is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT that cannot be fully recovered, and is reported as part of the expenditure to which it relates:

Costs of generating funds comprise the costs associated with attracting voluntary income.
Fundraising trading costs comprise costs of trading activities which are specifically to raise income for the charity.
Charitable expenditure comprises those costs incurred by the company in the delivery of its activities for its
beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. • Governance costs include those costs associated with meeting the constitutional and statutory requirements of the company.

Taxation

The company is exempt from Corporation Tax on its charitable activities

Funds accounting

Incoming resources that may be applied for charity's purposes are treated as unrestricted' incoming resources and are credited to theunrestricted funds'. Where a donation or grant is required to be used for a specified purpose, the amount concerned is treated as a restricted' incoming resources and is credited to the appropriaterestricted fund'.

Fixed assets and depreciation

All tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition. Equipment is written down using reducing balance method of depreciation over their estimated useful economic lives.

2. Incoming resources from charitable activities – Voluntary income

Unrestricted Funds £ Arnold Clark Autom - BBC Children In Need - City of London - Clarion Futures Community Action Sutton - Crowdfunder UK - Main Grant - Croydon Council AP - Exercise Movement - GLA Build STG - Rocket Science UK - GLA Sport Unites - Groundwork UK - KFC Foundation L&Q Place Makers - Local Giving - London Community - London Learning Centre LLC - London Youth - Lottery Fund - Mercers Trustee - People's Health - PWC Foundation - The Health Forum - The Kings Fund - ThomasWall Grants - Trust for London - 0 3. Other Incoming Resources Unrestricted Funds £ Appeals and donation 7241 Fees and supplies - Training - Membership Fees 8302 Project/Events Income - Other income 3723 19266		*2024* Restricted Total Funds Funds £ £ - 19197 19197 - 2389 2389 - 46559 46559 11127 11127 1535 1535 - - - 100 100 2274 2274 - 26927 26927 1000 1000 9380 9380 8905 8905 20000 20000 5296 5296 20500 20500 - - - - -		*2023* Total Funds £ 1000 43027 9688 6500 5755 8748 2000 1404 6824 500 34499 20871 5500 8474 9786 7500 6140 2000 5000 34100
		175188 175188		219316
		*2024* Restricted Total Funds Funds £ £ 148 7389 9049 9049 - 8302 83745 83745 - 3723		*2023* Total Funds £ 7537 32063 8480 7176 11100 66356
		92942 112208

4. Resources Expended – Charitable Activities Resources Expended – Charitable Activities

Training Consultancy incl advertisements Professional Fees-Legal&Prof Telephone/Fax/WebDial Travel-Motor expenses Bank Charges Refreshment Admin costs Rent/Venue Hire Volunteers Expenses Employment Costs Project/Activities & Materials IT Costs Insurance Depreciation Other costs - Fundraising	Unrestricted Restricted Funds Funds £ £ 8360 20858 2193 0 2256 20477 0 90 15239 21378 9828 128259 47513 2311 0 2724 0 2151 0 1997 0 - 17543 268091	*2024* Total Funds £ 29218 2193 0 2256 20477 90 15239 21378 9828 128259 47513 2311 2724 2151 1997 0	*2023* Total Funds £ 0 8883 0 2889 0 109 128430 0 4450 86674 62643 0 4018 2868 0
		285634	300965

5. Resources Expended – Governance

Unrestricted Funds £ Accountancy 1650 Other professional fees 0 1650	*2024* Restricted Total Funds Funds £ £ 0 1650 0 -	*2023* Total Funds £ 1703 0
	0 1650	1703

6. Tangible Fixed Assets

Plant & Office Motor Machinery Equipment Vehicles Cost £ £ £ At 1 April 2023 - - 20,394 Additions - - - Disposals - - - Revaluations - - - Transfers - - - At 31 March 2024 - - 20,394 Depreciation At 1 April 2023 - - 11,791 Charge for year 2,151 Disposals - - - Other adjustments - - - At 31 March 2024 - - 13,942 11,791 Net book value At 31 March 2024 - - 6,452 At 31 July 2023 - - 8,603 7. Debtors Rent - Refundable Deposit Other debtors - Accruals 8. Cash at bank and in hand Santander account Cash in hand 9. Creditors Creditors - Funds Accrued Accountancy Other creditors - Accruals		*2024* Total £ 20,394 - - - - 20,394 11,791 2,151 - - 13,942 6,452 8,603 *2024* £ 4050 0 4050 *2024* £ 7172 2500 9672 *2024* £ 4040 1650 0 5690		*2023* Total £ 20,394 - - - - 20394 8,923 2,868 - - 11791 8603 11471 2023 £ 4050 0





				4050
				2023 £ 4411 0 4411 2023 £ 1167 1525 0
				2692

10. Movements in funds

Unrestricted funds Charity's fund *Total Unrestricted Funds* Restricted funds *Grants:* BBC Children In Need Clarion Futures Main Grant Croydon Council AP Exercise Movement KFC Foundation L&Q Place Makers London Community London Learning Centre LLC London Youth Lottery Fund Mercers Trustee People's Health PWC Foundation *Sundries* *Total Restricted Funds* TOTAL FUNDS	Opening balance £ 13,334 13,334 - - - - - - - - - - - - - - 1,038 1,038 14,372	Incoming resources £ 19,266 19,266 19,197 2,389 46,559 11,127 1,535 100 2,274 26,927 1,000 9,380 8,905 20,000 5,295 20,500 92,942 268,130 287,396	(Resources expended) £ 19,193 19,193 19,197 2,389 46,559 11,127 1,535 100 2,274 26,927 1,000 9,380 6,565 18,300 5,295 20,500 96,943 268,091 287,284	Transfers £ 2,963 - 2,963 - - - - - - - - - - - - - - - 2,963 2,963 -	Closing balance £ 10,444
					10,444
					- - - - - - - - - - 2,340 1,700 - - -
					4,040
					14,484

11. Analysis of net assets by fund

Cash at bank and in hand Other net assets (liabilities)	Unrestricted funds £ 0 8595 4812 13407	Restricted funds £ 0 1077 1077	2024 2023 Total Total funds funds £ £ 0 0 9672 4411 4812 9961 14484 14372

12. Trustee Remuneration & Related Party Transactions

No member of the directors received any remuneration during the year. No Trustee or other person related to the charity had any personal interest in any contract or transaction entered by the charity during the year.

13. Taxation

As a charity, Advice Support Knowledge Information (ASKI), is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

14. Control

The ultimate controlling parties are the directors as listed in the information and page.