## **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**
1
## **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**|
2
## **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
3
## **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
4
## **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:
1. BBC Children In Need
2. City of London
3. Community Action Sutton
4. Crowdfunder UK
5. Croydon Council
6. Ealing and Hounslow CVS
7. Garfield Weston
8. Groundwork UK
9. Kickstart from SCC
10. LBS Creditors
11. Local Giving
12. London Community
13. London Learning Centre LLC
14. London Sport
15. London Youth
16. Mercers Trustee
17. People's Health
18. RUKBA/Independent Age
19. Sport Unites
20. The Church Urban
21. The Health Forum
22. The Kings Fund
23. Trust for London
24. Youth Isolation
5
## **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
6
## **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
7
## **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
8
## **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.
9
## **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
10
## **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 the `unrestricted 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 appropriate `restricted 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.
11
## **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**|||
12
## **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**|
13
## 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|
14
## **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**|
|---|---|---|---|
15
## **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.
16