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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1176125

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

APHASIA RE-CONNECT

Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

APHASIA RE-CONNECT

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2025

Page
Reference and administrative details 1
Report of the trustees 2 to 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 to 13

APHASIA RE-CONNECT

REFERENCE AND ADMINISTRATIVE DETAILS for the year ended 31 March 2025

TRUSTEES J F Sayers Professor E K Hilari (resigned 29.4.25) P L Sayers Trustee S Horton Trustee Ms N Walia Trustee W D Noble Trustee (appointed 30.4.24) Dr F Bircanin Trustee (appointed 16.7.24) Professor R Soetendorp (appointed 29.4.25) PRINCIPAL ADDRESS C/O Dr Sally McVicker 17 Elm Road Beckenham Bromley Kent BR3 4JB REGISTERED CHARITY 1176125 NUMBER INDEPENDENT EXAMINER Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA BANKERS Natwest Bank 143 High Street Bromley Kent BR1 1JH

Page 1

APHASIA RE-CONNECT

REPORT OF THE TRUSTEES for the year ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The objectives of the charity are:

For the public benefit, to promote health and wellbeing for people with aphasia and others with acquired long term communication disability, living in particular, but not exclusively, in South East England, through

Our Vision

Our vision is to see a World where people with aphasia, and acquired communication disability, enjoy a life more ordinary, with opportunity, freedom of choice, responsibility, and a quality of life and wellbeing.

Public benefit

The objectives and activities, and achievement and performance sections of this report clearly set out the activities which the charity undertakes for the public benefit. The Trustees confirm that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission in determining the activities undertaken by the charity.

Review of the year

The year has seen the continued growth in the number of people joining us, now reaching over six hundred persons. Our groups are thriving, with eighteen groups in all, of which six meet face-to-face and twelve virtually. We have good administrative support. Our strong relationship with City, University of London continues to develop to the benefit of both parties. We have provided over 50 student placements which have been extremely positive and rewarding.

The Buddy and peer befriending schemes continue to flourish giving a gentle introduction to people who are referred to us. Thanks go to the many people, especially students and volunteers, with and without aphasia who assist us with the schemes.

During the past year we have had an active program of events within the groups, plus some larger sponsored walks and our Annual Carol Service that has enabled us to raise funds. We have also been fortunate in receiving funds from a small number of personal donors, trusts and foundations.

During the past year many people have contributed in time, advice, and money to our operations, and this has allowed us to create a solid and sound base on which to plan the future ~ to all these people Aphasia Re-Connect expresses sincere thanks.

FINANCIAL REVIEW

Financial position

Total income for the year was £54,895 (2024: £79,538). Total expenditure for the year was £86,904 (2024: £67,230). This resulted in a (deficit)/surplus for the year of £(30,042) (2024: £12,308).

The funds at 31 March 2025 were £71,539 (2024: £103,548), of which £1,000 (2024: £Nil) were restricted and £70,539. (2024: £103,548) were unrestricted.

Page 2

APHASIA RE-CONNECT

REPORT OF THE TRUSTEES for the year ended 31 March 2025

FINANCIAL REVIEW

Reserves policy

The balance of unrestricted funds at year end was £70,539 (2024: £103,548). The Trustees have agreed to the following Reserves Policy: The charity would work towards maintaining no more than 6 months of its annual budget as reserves. The rationale being able to cover 6 months Speech and Language Therapists' pay and 6 months ad-hoc non-pay. The charity will earmark £20k per annum for a 2-year rolling Recruitment & Retention project. Considering how Aphasia Re-Connect relies heavily on volunteers, this is in line with the core work and as such the long-term strategy.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Risk management

The Trustees have reviewed the major and financial risks that impact on the work of the charity. The systems that have been established enable the Trustees to review and take necessary steps to lessen these risks. The Trustees consider the following to be the principal risks that the charity faces:

Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by:

J F Sayers - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF APHASIA RE-CONNECT

Independent examiner's report to the trustees of Aphasia Re-Connect

I report to the charity trustees on my examination of the accounts of Aphasia Re-Connect (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all 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 Trust 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 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.

Paul Allan BSocSc FCA

Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

20 August 2025

Page 4

APHASIA RE-CONNECT

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025

Unrestricted
Designated
fund
funds
Notes
£
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
2
21,640
-
Charitable activities
4
Grants and Service delivery
contracts
7,000
-
Other trading activities
3
2,405
-
Total
31,045
-
EXPENDITURE ON
Raising funds
5
60
-
Charitable activities
6
Grants and Service delivery
contracts
55,715
-
Student Training
-
-
Support costs
8,279
-
Total
64,054
-
NET
INCOME/(EXPENDITURE)
(33,009)
-
RECONCILIATION OF
FUNDS
Total funds brought forward
93,548
10,000
TOTAL FUNDS CARRIED
FORWARD
60,539
10,000
Restricted
funds
£
-
23,850
-
23,850
-
12,850
-
10,000
22,850
1,000
-
1,000
2025
Total
funds
£
21,640
30,850
2,405
54,895
60
68,565
-
18,279
86,904
(32,009)
103,548
71,539
2024
Total
funds
£
39,413
39,461
664
79,538
140
51,150
-
15,940
67,230
12,308
91,240
103,548

The notes form part of these financial statements

Page 5

APHASIA RE-CONNECT

BALANCE SHEET 31 March 2025

Unrestricted
Designated
fund
funds
Notes
£
£
CURRENT ASSETS
Debtors
10
-
-
Cash at bank and in hand
63,098
10,000
63,098
10,000
CREDITORS
Amounts falling due within one
year
11
(2,559)
-
NET CURRENT ASSETS
60,539
10,000
TOTAL ASSETS LESS
CURRENT LIABILITIES
60,539
10,000
NET ASSETS
60,539
10,000
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
-
1,000
1,000
-
1,000
1,000
1,000
2025
Total
funds
£
-
74,098
74,098
(2,559)
71,539
71,539
71,539
70,539
1,000
71,539
2024
Total
funds
£
21,461
83,967
105,428
(1,880)
103,548
103,548
103,548
103,548
-
103,548

The financial statements were approved by the Board of Trustees and authorised for issue on 20 August 2025 and were signed on its behalf by:

J F Sayers - Trustee

The notes form part of these financial statements

Page 6

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Critical accounting judgements and key sources of estimation uncertainty

Accounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:

Bad debts

Debtors are regularly reviewed for recoverability, any debts which in the opinion of management are not recoverable are provided for as a specific bad debt.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Income

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Voluntary income including donations is included in full in the Statement of Financial Activities when receivable.

Charitable Activity Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

• Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs allocated directly to such activities and those costs of an indirect nature necessary to support them.

continued...

Page 7

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

1. ACCOUNTING POLICIES - continued

Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to expenditure on charitable activities on a basis consistent with use of the resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted general funds are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Restricted funds are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when donors specify the purpose for which income can be used.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Cash at bank and in hand

Cash at bank and in hand are short-term, highly liquid investments that are readily convertible to known amounts of cash that are subject to an insignificant risk of changes in value.

Going concern

The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2. DONATIONS AND LEGACIES

Donations - individuals
3.
OTHER TRADING ACTIVITIES
Fundraising events
2025
£
21,640
2025
£
2,405
2024
£
39,413
2024
£
664

continued...

Page 8

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Student training
Grants and Service delivery contracts
Grants
Grants and Service delivery contracts
Grants received, included in the above, are as follows:
M and C Trust
London Catalyst Fund
Main Grants
The City Bridge Trust
Shanley Foundation
The Hospital Saturday Fund
5.
RAISING FUNDS
Raising donations and legacies
Fundraising expenses
6.
CHARITABLE ACTIVITIES COSTS
Speech and language therapist
Other support costs
2025
£
12,350
18,500
30,850
2025
£
5,000
-
-
10,500
1,000
2,000
18,500
2025
£
60
2025
£
12,350
18,500
30,850
2025
£
5,000
-
-
10,500
1,000
2,000
18,500
2025
£
60
2024
£
21,461
18,000
39,461
2024
£
-
3,000
8,000
7,000
-
-
18,000
2024
£
140
2024
£
21,461
18,000
39,461
2024
£
-
3,000
8,000
7,000
-
-
18,000
2024
£
140
2025 2024
£ £
68,565 51,149
18,279 13,800
86,844 64,949

continued...

Page 9

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

7. SUPPORT COSTS

SUPPORT COSTS
Support costs Governance
costs
£
1,575
Other
2025 2024
£ £
Support Total
costs
activities
Post and Stationery 496
747
Subscriptions 133
124
Room hire 1,150
755
IT costs 10,000
10,000
Adverts 1,200 -
Other 3,725 2,174
16,704
13,800

Support costs, included in the above, are as follows:

Governance costs

Governance costs
2025 2024
Support Total
costs activities
£ £
Independent Examination 1,575 1,500
Legal & professional fees - 640
1,575 2,140

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

continued...

Page 10

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Designated
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
39,413
-
Charitable activities
Grants and Service delivery contracts
8,000
-
Other trading activities
664
-
Total
48,077
-
EXPENDITURE ON
Raising funds
140
-
Charitable activities
Grants and Service delivery contracts
29,689
-
Support costs
5,940
-
Total
35,769
-
NET INCOME
12,308
-
RECONCILIATION OF FUNDS
Total funds brought forward
81,240
10,000
TOTAL FUNDS CARRIED FORWARD
93,548
10,000
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Restricted
funds
£
-
31,461
-
31,461
-
21,461
10,000
31,461
-
-
-
2025
£
-
Total
funds
£
39,413
39,461
664
79,538
140
51,150
15,940
67,230
12,308
91,240
103,548
2024
£
21,461

continued...

Page 11

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors
12.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
IT Support fund
Restricted funds
Shanley Foundation
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
The City Bridge Trust
Shanley Foundation
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
IT Support fund
TOTAL FUNDS
At 1.4.24
£
93,548
10,000
103,548
-
103,548
Incoming
resources
£
31,045
22,850
1,000
23,850
54,895
At 1.4.23
£
81,240
10,000
91,240
91,240
2025
2024
£
£
2,559
1,880
Net
movement
At
in funds
31.3.25
£
£
(33,009)
60,539
-
10,000
(33,009)
70,539
1,000
1,000
(32,009)
71,539
Resources
Movement
expended
in funds
£
£
(64,054)
(33,009)
(22,850)
-
-
1,000
(22,850)
1,000
(86,904)
(32,009)
Net
movement
At
in funds
31.3.24
£
£
12,308
93,548
-
10,000
12,308
103,548
12,308
103,548

continued...

Page 12

APHASIA RE-CONNECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 48,077 (35,769) 12,308
Restricted funds
City University 21,461 (21,461) -
London Catalyst Fund 3,000 (3,000) -
The City Bridge Trust 7,000 (7,000) -
31,461 (31,461) -
TOTAL FUNDS 79,538 (67,230) 12,308

DESIGNATED FUNDS

IT Support

It is anticipated that IT support will be required in the coming years and £10,000 has been set aside in a designated fund.

RESTRICTED FUNDS

City University . This fund was granted for student training.

London Catalyst Fund . This grant was funded for an administrative support package.

The City Bridge Trust. This grant was funded for maintenance costs of a new administration system.

Shanley Foundation: This fund was for recruitment and training of local volunteers in Croydon.

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 13