2023-09-01-accounts - The Accessful Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From Period start date: 2[nd] September 2022 To Period end date: 1[st] September 2023

Charity name: The Accessful Foundation Charity registration number: 1191925

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	‘The prevention or relief of poverty or financial hardship of disabled people living in the United Kingdom, in particular but not exclusively by providing grants, information and advice to provide them with an opportunity to build capacity by establishing and growing a business, becoming self-employed or improving their professional opportunities to relieve their needs and help them to integrate into society.’
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The Accessful Foundation represents disabled people from all backgrounds. This is an extremely diverse group of people and the largest minority group in the world. We continue to understand the shared routes into seeking support our beneficiaries or potential beneficiaries share (inaccessible employment, change of professional or personal circumstances, exiting education etc), we are profoundly aware our charity, and our activities, need to be designed and carried out in a manner that is appropriately considerate of the levels of support required. Beneficiaries may require support from very light (e.g. webinar attendance) to high (e.g. mentoring). We remain committed to providing these vital services as a growing micro charity that works nationally despite limited resources. Although our activities are dynamic and wide-ranging, they are considered with our purpose and public benefit in mind. We remain focused on growing our unique charitywhich is able toprovide:

		- Support and networking (providing signposting, general information/advice, including webinars) - A mentoring programme - A grant giving programme to support the realisation of projects or part projects as a means of supporting disabled entrepreneurs by providing funding for equipment, services, training or other to individual beneficiaries via an application process (this is still an area under development which we plan to commence in the coming financial year). Building on our first few years as a charity we appreciate the importance of sustainable growth so in the coming years we will be continuing to roll out our programmes further and in more detail and developing them to be the most beneficial they can be. Alongside these main activities, we have our overarching aim of promoting disabled entrepreneurialism itself as a concept and route via education, the media, community relevant opportunities, industry promotion and other routes. In support of this overarching aim over the period this report covers, we have spoken and run workshops in schools and colleges to raise the profile of disabled entrepreneurialism and the work of the charity alongside engaging with public speaking events and ongoing advocacy for disabled entrepreneurialism and disabled entrepreneurs.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees of The Accessful Foundation have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38

Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	This year has been another year of growth and foundation setting. We have successfully secured our first grant award, which will allow us to digitalise much of our offer, through the provision of a new website, streamline user journeys to match mentors and mentees, and BSL support for our webinar programme. This project is underway, and we’re excited about the enhanced potential this will provide us. We’ve also begun to deliver workshops in schools and colleges to raise to the profile of disabled entrepreneurialism and the work of the charity. Our initial pilots have been encouraging in their feedback, with further interest in this from schools. Relationships have been built with other charities with similar missions to us, which helps with our endeavours to influence policy, and ensure disable entrepreneurs can access the right advice, at the right time.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against objectives set	Para 1.41
	Para 1.41


	Performance of fundraising
	activities against objectives
	set
	Investment performance	Para 1.41
	against objectives
	Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is in a financially stable position, with income this year of £10,417 and expenditure of £1,324. A proportion of the income relates to planned digitalisation of our services through a National Lottery grant award, with the rest supporting charity core costs. However, as a charity we have minimal expenditure on core costs and have sufficient reserves to cover any ongoing costs.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We look to hold a minimum of six months operating costs within the charity.
Amount of reserves held	Para 1.22	£837
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	We have no current uncertainties about the charity as a going concern

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO governing document
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO – Foundation
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	As our constitution states: ‘There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.’ Currently the charity operates with 6 trustees, with no resignations since the previous report. We decided, upon formation, to operate with the minimum number of trustees to allow us space to make external appointments of persons unknown to the founding trustees, to promote transparency, accountability and to welcome key skills and experiences. All trustees have remained in post since the previous report (including founding trustees). All trustees continue to gain experience individually and as a group on how to best serve the purpose of the charity and our beneficiaries, with significant work on the charity’s strategy (short, medium and long term) being achieved over the year. The maximum number of trustees is 12. Apart from the founding charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. This has been adhered to. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. This has been adhered to.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees

The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	The Accessful Foundation
Other name the charity uses
Registered charity number	1191925
Charity’s principal address	608 Green Lane Ilford Essex England IG3 9SQ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year Nam e of pers on (or bod y) entit led to app oint trust ee (if any)
	Ben Nicholson	Chair
	Olivia Bamber
	Daniel Bulmer
	Chloe Plummer
	KittyMay-Rose
	David Victor

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address




Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) B Nicholson

Full name(s) Ben Nicholson

Position (eg Secretary, Chair Chair, etc)

Date 29.06.24

Charity Name

No (if any)

Recei ts and a ments accounts p p y

CC16a

For the period Period start date Period end date To from

Section A Receipts and payments

to the nearest £ - - - - - - - - - - - - - Restricted funds	to the nearest £ - - - - - - - - - - - - - Endowment funds	Total funds to the nearest £ 9,600 16 568 250 - - - - 10,434 - - - 10,434	Last year to the nearest £
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-	-	10,434	-

A3 Payments Insurance 441 Bankingfees 60 Professional fees 436 Website 389	A3 Payments Insurance 441 Bankingfees 60 Professional fees 436 Website 389	- - - -	- - - -	441 60 436 389
Insurance	441	-	-	441	-
Bankingfees	60	-	-	60	-
Professional fees	436	-	-	436	-
Website	389	-	-	389	-

06/29/2024

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*	1,325	-	-	1,325	-

A4 Asset and investment
purchases, (see table)
	-		-		-	-
	-		-		-	-
**Sub total **	-		-		-	-		-

**Total payments **	1,325		-		-	1,325		-

**Net of receipts/(payments) **	9,108	-		-		9,108	-
A5 Transfers between funds	-	-		-		-	-
A6 Cash funds last year end	1,322	-		-		1,322	-
**Cash funds this year end **	10,430	-		-		10,430	-

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds	Details Cash in bank *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ 10,430 - - 10,430 OK Unrestricted funds Unrestricted funds	to nearest £ - - - - OK Restricted funds Restricted funds	to nearest £ Endowment funds
				-
				-
				-
				-
				OK
				Endowment funds

06/29/2024

B2 Other monetary assets

B3 Investment assets

B4 Assets retained for the charity’s own use

Details Details	to nearest £ - - - - - - Fund to which asset belongs	to nearest £ - - - - - - Cost (optional) - - - - -	to nearest £
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			Current value (optional)
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Details	Fund to which asset belongs	Cost (optional) - - - - - - - - -	Current value (optional)
		-	-
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06/29/2024

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details Signature	- - - - - Print Name Ben Nicholson Fund to which liability relates Amount due (optional)	When due (optional)





		Date of approval
		29.06.24

06/29/2024

Date	Opening balance	Debit/Credit	Amount	Transaction detail
01.09.22	£1,321.69
		Debit	£44.10	Insurance(DD ANS
		Debit	£5	Account fee
		Credit	£0.46	Interest
		Credit	£9,600	BACSpayment(gra

01.10.22	£10,873.05
		Debit	£44.10	Insurance
		Debit	£5	Account fee
		Credit	£567.50	Chloe tri challenge

01.11.22	£11,391.51
		Debit	£44.10	Insurance
		Debit	£5	Account fee

01.12.22	£11,342.47
		Debit	£44.10	Insurance
		Debit	£5	Account fee
		Credit	£5.39	Interest

01.01.23	£11,298.82
		Debit	£388.80	POS Wix.com
		Debit	£44.04	Insurance
		Debit	£5	Account fee

01.02.23	£10,860.98
		Debit	£44.04	Insurance
		Debit	£5	Account fee

01.03.23	£10,811.94
		Debit	£44.04	Insurance
		Debit	£5	Account fee
		Credit	£5.36	Interest

01.04.23	£10,768.26
		Debit	£44.04	Insurance
		Debit	£5	Account fee

01.05.23	£10,719.22
		Debit	£44.04	Insurance
		Debit	£5	Account fee

01.06.23	£10,670.18
		Debit	£44.04	Insurance

		Debit	£5	Account fee
		Debit	£72	Accountant
		Debit	£364	Accountant
		Credit	£5.36	Interest

01.07.23	£10,190.50
		Debit	£5	Account fee

01.08.23	£10,185.50
		Debit	£5	Account fee
		Credit	£250	BACS Birkbeck Col

01.09.23	£10,430.50

JK SCE 23612181