CHARITY REGISTRATION NUMBER: 1189169
ACHORD
Trustees Annual Report
5 April 2025
ACHORD
Trustees Annual Report
Year ended 5 April 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
ACHORD
Trustees' Annual Report
Year ended 5 April 2025
The trustees present their report and the financial statements of the charity for the year ended 5 April 2025.
Reference and administrative details
Registered charity name ACHORD Charity registration number 1189169 Principal office Kingfisher House Hurstwood Grange Hurstwood Lane Haywards Heath West Sussex RH17 7QX The trustees Jeremy G Lindley (Chair) Andrea M Taylor-Cummings Jonathan E Taylor-Cummings Wendy J Grafton Gary R Hamilton
Objects of the charity and review of the principal activities
The charity was incorporated on 23 April 2020 with a CIO registration and is therefore governed by its CIO constitution. The principal activities of the charity are TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF BUILDING STRONG, HEALTHY RELATIONSHIPS IN GENERAL AND MARRIAGES, CIVIL PARTNERSHIPS AND OTHER LONG-TERM COMMITTED PARTNERSHIPS IN PARTICULAR.
Policy and operating decisions of the charity rest with the Trustees
The Trustees met on several occasions to set policies, agree the strategic direction of the charity, agree budgets, discuss operational activity and to monitor the financial position. All activities of the charity this year have been led and undertaken by volunteers, with the exception of a small amount of marketing and technical support which was contracted out.
Vision and Mission
Achord (formerly Soulmates Academy Foundation) has a vision to see everyone equipped to do relationships well. We believe that all relationships face a common set of fundamental hurdles, but that people can be proactively equipped to overcome these and build quality relationships. By helping people do relationships well, especially at home, we hope to rebuild health and resilience in individuals and couples, families and society at large, resulting in improved emotional and mental health statistics and reduced family breakdown and divorce rates.
Our ten-year goal is to help equip 1,000,000 people with the skills to build stronger relationships. We seek to do that by equipping individuals with the fundamentals of relationship skills so that they turn up better to relationships, have better conversations and achieve better outcomes.
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ACHORD
Trustees' Annual Report
Year ended 5 April 2025
Our current mission is to deliver practical, accessible and relevant content for Individuals and Couples, working through Churches and Community Organisations. We plan to expand our reach to Schools and Colleges, once our current programmes are established.
Review of the year’s key activities
Rebranding
- Following the board decision taken on 23[rd] November 2023, in the period, the charity completed its rebrand to Achord (from Soulmates Academy Foundation), updating its name across all stakeholder touchpoints (including the Charities Commission, HMRC, Banks, Social Media, etc.)
Funding and Expenditure
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This year, the majority of our funding continued to come from regular donors, contributing a combined approximately £500 per month (before gift aid claim).
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All regular donors are registered for gift aid.
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Expenditure focused on program development and platform setup.
Resource Development
During this period, significant progress was made in developing our proposed resource for small groups.
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We launched the beta test (pilot) of our offering for the Church community – Achord for Churches. Designed specifically for use in small groups, the course gives churches the practical tools to grow in relational maturity and become places where love is not just taught, but truly lived. Feedback has been positive with no critical concerns raised – one participant commented “I wish I had learned this earlier in my life – I might still be married!”
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Estimated pilot completion and rollout set for Autumn 2025.
Policy Development
In line with Charity Commission guidelines the Directors monitor the following policies: Volunteer Policy, Paying Staff Policy, Lone Workers Policy, Expenses Policy, Complaints Policy, Conflict of Interest Policy, Safeguarding Policy (Vulnerable Adults), Health & Safety, Investment Policy, Equal Opportunities, Data Protection.
Risks
The charity continues to assess risks and prioritise the principal ones, each of which are allocated to a Trustee for mitigation and monitoring. The principal risks were assessed to be related to human resources with the extended unavailability of key resources hampering the charity’s ability to deliver on its key objectives. We continue to explore opportunities to bring in specialists on specific projects.
Board Development
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Trustees agreed on the need to expand board expertise, especially in fundraising, tech (e.g. gamification), and church networking.
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Plans underway to recruit new trustees from within existing networks.
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ACHORD
Trustees' Annual Report
Year ended 5 April 2025
Financial Review
The financial statements set out on pages 4-9 show an income of £7,031 and expenses of £8,211. The balance at year end was £24,817.
Reporting Accountants
PRB Accountants have agreed to review and prepare the Charity’s accounts, as part of their pro bono services.
The trustees' annual report was approved on 2026 and signed on behalf of the board of trustees by:
J G Lindley
Chair of Trustees
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ACHORD
Statement of Financial Activities
Year ended 5 April 2025
| 2025 | 2025 | 2024 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 4 | 7,031 | 7,031 | 9,396 |
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total income | 7,031 | 7,031 | 9,396 | |
| ============================ | ============================ | ============================ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 5,6 | 8,211 | 8,211 | 12,535 |
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total expenditure | 8,211 | 8,211 | 12,535 | |
| ============================ | ============================ | ============================ | ||
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| Net income and net movement in funds | (1,180) | (1,180) | (3,139) | |
| ============================ | ============================ | ============================ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 25,997 | 25,997 | 29,136 | |
| ------------------------ | ---------------------------- | ---------------------------- | ||
| Total funds carried forward | 24,817 | 24,817 | 25,997 | |
| ======================== | ============================ | ============================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 8 form part of these financial statements.
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ACHORD
Statement of Financial Position
5 April 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Cash at bank and in hand | 24,817 | 25,997 | |
| ---------------------------- | ------------------------ | ||
| 24,817 | 25,997 | ||
| ---------------------------- | ------------------------ | ||
| Net current assets | 24,817 | 25,997 | |
| ---------------------------- | ------------------------ | ||
| Total assets less current liabilities | 24,817 | 25,997 | |
| ============================ | ======================== | ||
| Funds of the charity | |||
| Unrestricted funds | 24,817 | 25,997 | |
| ------------------------ | ------------------------ | ||
| Total charity funds | 9 | 24,817 ======================== |
25,997 ======================== |
These financial statements were approved by the board of trustees and authorised for issue on 22 January 2026, and are signed on behalf of the board by:
J G Lindley Chair of Trustees
The notes on pages 6 to 8 form part of these financial statements.
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ACHORD
Notes to the Financial Statements
Year ended 5 April 2025
1. General information
The charity is a public benefit entity and a registered charity and a CIO in England and Wales.
The address of the principal office is Kingfisher House, Hurstwood Grange, Hurstwood Lane, Haywards Heath, West Sussex, RH17 7QX.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
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ACHORD
Notes to the Financial Statements (continued)
Year ended 5 April 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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ACHORD
Notes to the Financial Statements (continued)
Year ended 5 April 2025
4. Donations and legacies
| Total Funds | Total Funds | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Donations | ||||
| Donations | 5,900 | 7,358 | ||
| Gifts | ||||
| Gift aid | 1,131 | 2,038 | ||
| ---------------------------- | ---------------------------- | |||
| 7,031 | 9,396 | |||
| ============================ | ============================ | |||
| 5. | Expenditure on charitable activities by fund type | |||
| Total Funds | Total Funds | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Unrestricted funds | 8,211 | 12,535 | ||
| ============================ | ============================ | |||
| 6. | Expenditure on charitable activities by activity type | |||
| Activities | ||||
| undertaken | Total Funds | Total Funds | ||
| directly | 2025 | 2024 | ||
| £ | £ | £ | ||
| Support costs | 8,211 | 8,211 | 12,535 | |
| ======================== | ======================== | ======================== |
7. Staff costs
There were no staff costs during the period.
The average head count of employees during the year was Nil.
8. Trustee remuneration and expenses
No remuneration of or expenses were paid to trustees during the period.
9. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||
|---|---|---|
| At | ||
| 5 | April 2025 | |
| £ | ||
| General funds | 24,817 | |
| ======================== | ||
| At | ||
| 5 | April 2024 | |
| £ | ||
| General funds | 25,997 | |
| ======================= |
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