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2023-06-30-accounts

Page
Chairman's
Report		 1 to 3
Report ofthe Trustees to 12
Independent
Examiner's
Report		 13
Statement
of Financial Activities		 14
Statement of Financial
Position
Statement ofCash Flows 16
Notes to the Statement ofCash Flows 17
Notes to the Financial Statements 18 to 26
Detailed Statement of Financial Activities 27 to 28

FINANCIAL FINANCIAL REVIEW REVIEW
principal risks and uncertainties
The trustees consider and assess the risks to which the charity is potentially exposed
and have established
systems		 and
procedures to review and manage those risks. The Finance and Risk sub-committee review and assess all risks and put in
place suitable and sufficient measures
to		 mitigate the risk. This information is then
recorded
on the Risk Register		 and
reported to Trustee at quarterly board meetings
for discussion
and agreement.
The main risks
facing the charity
are considered to be: Description Management
Risk
Operational:
Key individual		 reliance In a small team, there is a high degree of - Engagement
and wellbeing		 of
reliance on individuals which means that employees
is a key priority ofsenior
disengagement
of		 key staff could have a management.
disruptive impact on the planned projects.
—High level of communication to
ensure any risks are identified and
mitigated
early.
- Regular communication
between
the Chair ofTrustees,
Director		 and
employed
staff.
Operational:
Failure to attract and It could be difficult to attract new - Good benchmarking
to industry		 to
hire new staff employees, particularly considering the ensure compensation
is appropriate
current job market. for the role.
- To date the charity has not
experienced
any issue with		 hiring
and typically
receives a high		 number
of applications
for each role
advertised.
Financial:
Failure to identify
long		 The charity aims to apply for funding for a - Ongoing
funding
requirements
term funding streams range of projects to be delivered by identified at start ofprojects.
partners.
Funding		 for this needs to be
identified.
- Prudent
reserves
policy to		 ensure
no service provision
halted		 in an
unplanned
manner.
- Feasibility of different options
being explored.
—The position ofa grant writer at
the Autism
Research Centre		 (ARC)
within the University
of Cambridge
has been in place since August 2022
to ensure adequate
funding
applications.
-Active pipeline
management		 and
discussions
around
donation
streams
happens
regularly.
-Development
of detailed
fundraising
plans.

Risk
Financial:
Failure to identify / Competition from other charities may - Our project development
process
construct projects to be make it more difficult for funding
to		 be includes extensive engagement with
funded. received. the autistic community
and other
stakeholders
to ensure the most
impactful
projects are funded.
- Regular
planning
meetings
and
monitoring
ofstrategic direction		 to
ensure we are funding
the most
promising
projects which meet
people's needs.
External:
Poor financial health of Both the NHS and Local authorities are - Early recognition
ofthis position
local statutory services reporting annual deficits which limits their and planning
for alternative
ability to give financial
support		 to new funding.
projects.
This issue will be exacerbated by the
increased cost of living within the UK, - Positioning
of offer to give clear
caused partly by the high levels of benefit to local services so that
inflation. funding
is prioritised.
- Development
of evidence of local
and national
economic benefit.
- Develop methodology
to calculate
ACE impact and value for all
projects.
- Capitalise on other sources of
income including
funding.
External:
Loss ofsupport from Significantly elapsed time from - Regular senior leadership
team
the autistic community incorporation ofthe charity to projects meetings.
and wider stakeholders starting risks losing engagement and
support from:
- Project development
process
Donors, stakeholders,
trustees		 and the agreed
with clear timeframes
for
autistic community. delivery.
- Regular engagement
from
established
sub-committees,
such as
the Finance and Risk Committee
- Director of Workstreams
has been
in post since May 2022 to oversee
the implementation
ofagreed
charity priorities.
- Regular engagement
with the
Steering Group and Community
Advisory
panel.

FINANCIAL REVIEW REVIEW REVIEW
The main risks
facing the charity
are considered to		 be: Description Management
Risk
External:
Loss of reputation Failure to adequately
engage
with autistic		 —Creation ofa Steering Group and
people and their families / representatives Community Advisory panel.
in the co-design and co-production ofACE
projects risks not meeting
people's		 need,
and reputational damage to ACE, amongst
the community we are seeking to support.
-The charity will continue to seek
the views of autistic people and
their families as we aim to
co-design ACE projects.
—Community Engagement Manager
has been in post since May 2023 to
oversee the charity's relationships.
Compliance:
Failure to recognise all As the projects start ACE may be subject - Seek expert advice as required on
compliance to greater regulatory
framework		 or compliance requirements.
requirements as the compliance
requirements.
multiple
projects
develop.
Failure to comply with this will lead to - Regular reports to Finance and
reputational
issues and		 enforcement Risk committee.
processes.
FUTURE PLANS
The Autism Centre of Excellence at Cambridge has been established as a science-led
campaigning		 charity working closely
with
Cambridge		 University's Autism
Research		 Centre. Our aim is to remove barriers
and stigma		 for autistic people. We
commission breakthrough science, campaigns
and partnerships		 to scale interventions,
tools		 and adaptations to:

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes I 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 741,427 114,081 855,508 897,735
Other trading
activities		 30,619 30,619 13,440
Total 772,046 114,081 886,127 911,175
EXPENDITURE ON
Raising funds
Charitable
activities
Support and improve
Health and Wellbeing		 the lives of autistic people 450,497
10,475		 333333 783,830
10,475		 579,512
Employment 15,000 15,000
Total 476,419 333,333 809,752 579,512
NET INCOME/(EXPENDITURE) 295,627 (219,252) 76,375 331,663
RECONCILIATION OF FUNDS
Total funds brought forward 1,697,021 666,667 2,363,688 2,032/025
TOTAL FUNDS CARRIED FORWARD 1,992,648 447,415 2,440,063 2,363,688

2023 2022
Notes I 6
Cash flows from operating
activities
Cash generated
from operations		 94,399 610,265
Net cash provided
by operating
activities		 94,399 610,265
Cash flows from investing
activities
Purchase of intangible
fixed assets		 (1,360)
Purchase oftangible
fixed assets		 (1,444) (1,256)
Net cash used
in investing
activities		 (1,444) (2,616)
Change
in cash and cash equivalents
the reporting
period		 in 92,955 607,649
Cash and cash equivalents
at the
beginning
ofthe reporting
period		 2,368,165 1,760,516
Cash and cash equivalents
at the end
the reporting
period		 of 2,461,120 2,368,165
RECONCILIATION OF NET INCOME TO NET CASH OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2023 2022
E E
Net income for the reporting
Financial Activities)		 period (as per the Statement of 76,375 331,663
Adjustments
for:
Depreciation
and amortisation
(Increase)/decrease
in debtors		 2,980
(12,530)		 2,524
279,373
Increase/(decrease) in creditors 27,574 (3,295)
Net cash provided by operations 94,399 610,265
2. ANALYSIS OF CHANGES IN NET FUNDS
At' 1/7/22 Cash flow At' 30/6/23
E E E
Net cash
Cash at bank 2,368,165 92,955 2,461,120
2,368,165 92,955 2,461,120
Total 2,368,165 92,955 2,461,120

DONATIONS
AND LEGACIES
2023 2022
E
Donations 855,508 897,735

2023
E		 2022f
Sales - services 3,000 13,440
Website sales 27,619
30,619 13,440
RAISING FUNDS
Raising donations and legacies
2023 2022
E E
Fundraising
expenses		 447
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 7) note 8) Totals
E E E E
Support
people		 and improve the lives of autistic 385,439 398,391 783,830
Health and Wellbeing 10,475 10,475
Employment 15,000 15,000
25,475 385,439 398,391 809,305
GRANTS PAYABLE
2023f 2022
E
Support and improve the lives of autistic people 385,439 333,333

SUPPORT COSTS
Governance
Management
I		 Finance
I		 costs
I		 Totals
I
Support and
people		 improve the lives of autistic 391,099 658 6,634 398,391
NET INCOME/(EXPENDITURE)
Net income/(expenditure)
is stated after		 charging/(crediting):
2023I 2022I
Depreciation
Patents
and		 - owned assets
licences amortisation		 2,060
398		 1,664
338
Development costs amortisation 522 522

STAFF COSTS
2023I 2022I
Wages and salaries
Social security costs
Pension costs		 226,883
20,358
13,170		 125,422
10,736
9,391
Compensation
for loss		 of office 18,000
278,411 145,549
The average
monthly		 number of employees during the year was as follows:
2023 2022
Management
and Administration		 5 3
The number
ofemployees		 whose employee benefits (excluding employer pension costs) exceeded 160,000 was:
2023 2022
670,001 - 680,000
I150,001 - 6160,000		 1

12. COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restdicted Total
fund funds funds
E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 897,735 897,735
Other trading
activities		 13,440 13,440
Total 911,175 911,175
EXPENDITURE ON
Charitable
activities
Support and improve the lives of
people		 autistic 246,179 333,333 579,512
NET INCOME/(EXPENDITURE) 664,996 (333,333) 331,663
RECONCILIATION
OF		 FUNDS
Total funds brought
forward		 1,032,025 1,000,000 2,032,025
TOTAL FUNDS CARRIED FORWARD 1,697,021 666,667 2,363,688
13. INDEPENDENT
EXAMINATION
The independent
examiner's
fee consisted of:
2023 2022
E. E
Independent
examination
Preparation
ofstatutory		 financial statements 1,000
1,000		 1,000
1,000
2,000 2,000
14. INTANGIBLE FIXEDASSETS
Patents
and Development
licences costs Totals
E E E
COST
At 1July 2022 and 30June 2023 2,621 2,133 4,754
AMORTISATION
At 1July 2022 348 565 913
Charge for year 398 522 920
At 30June 2023 746 1,087 1,833
NET BOOK VALUE
At 30June 2023 1,875 1,046 2,921
At 30June 2022 2,273 1,568 3,841

TANGIBLE FI XED A SS ET S
Computer
equipment
E
COST
At 13uly 2022 5,108
Additions 1,444
At 30june 2023 6,552
DEPRECIATION
At 1july 2022 1,796
Charge for year 2,060
At 30june 2023 3,856
NET BOOK VALUE
At 30june 2023 2,696
At 30june 2022 3312
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
E E
Trade debtors 427
Other debtors 11,813
Prepayments 1,712 1,422
13,952 1,422
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
E E
Trade creditors 4,661 4,275
Social security
Other creditors		 and other taxes 29,075
2,090		 3,648
509
Accruals and deferred income 4,800 4,620
40,626 13,052
MOVEMENT IN FUNDS
Net
movement At
At 1/7/22 in funds 30/6/23
E E E
Unrestricted funds
General
fund		 1,697,021 295,627 1,992,648
Restricted funds
The 3ohn Lambton Trust - Research Project 666,667 (219,252) 447,415
TOTAL FUNDS 2,363,688 76,375 2,440,063

Net movement
in funds,		 included included in the above in the above are as follows:
Incoming Resources Movement
resources
f		 expended
E		 in funds
f
Unrestricted
funds
General
fund		 772,046 (476,419) 295,627
Restricted funds
The 3ohn Lambton Trust - Research Project 114,081 (333,333) (219,252)
TOTAL FUNDS 886,127 (809,752) 76,375
Comparatives
for movement		 in funds
Net
movement At
At 1/7/21
E		 in funds
f		 30/6/22
f
Unrestricted
funds
General
fund		 1,032,025 664,996 1,697,021
Restricted funds
The 3ohn Lambton Trust - Research Project 1,000,000 (333,333) 666,667
TOTALFUNDS 2,032,025 331,663 2,363,688
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
General
fund		 911,175 (246,179) 664,996
Restricted funds
The 3ohn Lambton Trust - Research Project (333,333) (333,333)
TOTAL FUNDS 911,175 (579,512) 331,663