Foundation The Abilities in Me Foundation Trustees. Annual Report and Financial Statements For the period 17th Febru¢wy 2022 - 6th April 2023
ID Foundation Table of Contents Legal and Administrative details Trustees, Report Statement of Financial Activities p.10 Balance Sheet p.11 Notes p.12-18
bf* Foundation UK R¢g"stv¢d LThthyty:1197965 Legal and Administrative C)etails Charity number: 1197965 Registered Address.. 251 Wisden Road, 5tevenage. Herts. 5615NR. Bank: Lloyds Bank PLC, 25 Gresham Street. London EC2V 7HN Trustees: Treasurer: Melanie Lusty (appointed 31/0512021) Secretary.. Emma Lusty (appointed 31/05/2021) Chairman: Max Keir (appointed 31/05/2021) Claire Bunyan (31105/2021- 31/10/2022) Chloe kose-Bradbury (04/04/2022 -31/08/2022) Nicholas Dunn (04104/2022 - 17/02/2023) Kerry Mitchell (04/04/2022 - 31/08/2022)
FOUatiOn VX Pe9iStved abJrity".119Pkn5 Trustees. keport For the period: 17th Febnjary 2022 - 6th Awil 2023 The Trustees have pleasure in presenting their Annual Report and Financial Statements f or the period ending April 6th 2023. Stnjcture, Governance and Management The Charity was formed on 17th February 2022 and is a Registered Charity. Number 1197965.The Charity is managed by the Trustees in accordance with its constitution. None of the Trustees receives remuneration f rom the Charity. Objectives and Activities The Abilities in Me Foundation aims to raise awareness of special educational needs and conditions that children may encounter. The objectives of our CIO are: l. Advancing education for the public benefit of children in all areas relatin9 to disobilities and inclusion through The abilities inclusive workshop training, and school visits,. 2. Relieving the needs of children with a disability and special educational needs by creatin9 an inclusive safe space. throLfvJh the provision of sensory items, equipment. sensory room makeovers to mainstream educational environments.
Fourdation 3. To promote and protect the physical and mental health of children with disabilities by providing support, education and practical advice to help them understand their condition or diagnosis and LtsSiStin9 families with support networks. 4. To odvdnce such charitable purposes (aGcordin9 to the law of England and Wales) as the trustees see fit from time to time, including roising funds, providin9 9rants, dOtIng books into hospital settings and providing specialist equipment and family fun days for families in need. Achievements and Performance The Abilities in Me Foundation is a Hertfordshire based charity and our goals F.rbe are to work with schools by providing inclusive workshops. to donate books to hospitals. and to support families who have children with needs by building an Abilities i&ities abdibes ab.tieS community throu9h activities and online events. The charity was formed following the success of The Abilities in Me Book Series and with the passion to SUPPOrt families with children of all abilities. Sa,7ti be5 ab&ittes &b,.es ybe
Foundation VK kngist•Yd ty..11979o5 The families we support have young children with a range of needs and conditions but we also welcome all families to attend our events where possible to help break down the barriers and keep building a positive message around inclusion. We also help to support f amilies around the globe by providing a much needed space for families to connect throu9h our online social media plarforms. In our f irst year of activity we have focussed on our family networking and educational objectives. In the f irst instance we supported a large number of local famil ies by off erin9 f ree to low-cost face-to-face activities and events. This helped to raise awareness of our name and our charity mission with the aim of being able to work towards delivering more of our aims and objectives in our second and following years.
IbilitieSA ID FIrKlatiOn As we had no f undin9 or donations at the very start of our charity journey we were lucky enough to be f inancially supported by the Abilities in Me Book Series team to enable us to host some major outdoor summer events.These included a Teddy Bears Picnic, a Royal Jubilee Party. and a Family Funday which helped us to engage over 600 benef iciaries in our local community. The family days all featured external vendors. bouncy castles. ice cream. soft play and craf ts. We were helped to make these events possible with the dedication of a strong team of local volunteers. who enthusiastically supported and assisted at each event. As a result. these events helped us to kickstart our own fundraising activity, raise awareness of our mission and also enabled us to host our f irst Christmas party for families. We are funded purely by donations f rom the kind public and or9anisations and through donations f rom sales of the The Abilities in Me Book Series. In addition, we were proudly selected by our local Tesco Store to receive over £2000 worth of toys to give as presents to the children f rom Santa Claus at the party.
Foundation VK Rw"st¢red CPmity:1197965 Later in the year the f oundation also decided to toke over the f inancial responsibility for the production of f uture books of the Abilities in Me Book series. Discounted book sales to educators and hospltal settings along With online prof its f rom the book series sales received during our f irst year meant we were able to allocate f unds for the development of two more Abilities in Me Books. At the Abilities in Me. we want all children, re9ardless of their barriers to feel accepted and understood. We want to encoura9e kindness. reduce bullying and empower all children to be included.
LD Foundation VK P4i5tv¢d L7*rfty:1197965 Trustees. Report for the period 17th February 2022 6th April 2023 continued Financial review The Financial results for the year are detailed in the f inancial statements. The Charity is trying to maintain reserves so we can extend the reach and Scope of the work that the charity does for its benef iciaries. Statement of Trustees Responsibilities The law applicable to charities in England & Wales requires the trustees to prepare f inancial statements for each f inancial year which give a true and fair view of the state of af foirs of the chority and of the incoming resources and application of resources of the charity for that period. In preparing these f inancial statements. the trustees are required to: a) Select suitable accounting policies and apply them consistently: b) Observe the methods and principles in the Charities SORP: c) Make jud9ements and accounting estimates that are reasonable and prudent:
d) State whether applicable UK accounting Standards have been followed. subject to any material departures disclosed and explained in the f inancial statements. e) Prepare the f inancial statements on the 90in9 concern basis unless it is inappropriate to presume that the CIO will continue in operation. The trustees are responsible for keeping proper accountin9 records that are suff icient to show and explain the CIO'S transactions dnd disclose with reasonable accuracy at any time the f inancial position of the CIO and enable them to ensure that the f inancial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for saf e9uarding the assets of Ihe CIO and hence f or takin9 reasonable steps for the prevention and detection of f raud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporation and f inancial information included on the CIO'S website. Legislation in the United Kingdom governing the preparation and dissemination of f inancial statements m(ry diff er f rom legislation in other jurisdictions. Approved by the Trustees and Signed on their behalf by: Emma Lusty- cretary Melanie Lusty - Treasurer Date: 30th JaNory 2024
ID lourKlation Statement of Financial Activities For the period of 17th FebNary 2022 - 6th April 2023 Unrutri¢ted RrIcted 2022123 total Note fr•m: DoTrsJtions und 9EYmts 1.733_73 1.733_73 TrodiThJ octivitics 21.092.19 21.092.19 Total i0 22.825.92 22.825.92 isin9 funds 2.886.14 2,886.14 Charitable actviities 5.578.84 5,578.84 RLmin9 tosts 5,162.61 5.162.84 13.627.59 13.627.59 Net income for the year 9.198.33 9,198.33 et movement in ftnds 9.198.33 9,198_33 R¢concilliation of fuTrvJs Total funds brought f¢Yward Total fi•th carried 9.198.33 9.198.33 All of the above rltS derived f rom continuin9 O¢tivities. There were no other gains or losses other than those strated above. Movements in f LWKIS (Ere disclosed in rle 14 to the f inancial stratements. The notes set out OFI PO9¢$ 15 to 19 form Fx)rt of these accotmts. 10
Foundation UK Rty"ster¢d ayty..1l97965 Balance Sheet - As at 6th April 2023 Feb 2022- Apr 2023 Total Note Fixed Assets Current Assets Cash at 1xOnd in hand 9.198.33 Debters Credstors.. amounts fallirg due within one year Net ctwrent asses 9198.33 Total assets less Current liabjlities Net assets 11 9.198.33 The fvnds of th¢ charity Resrt¢ted in¢ome fd$ Unrertpicted income funds 13 9,198.33 TOTAL FUNDS £9.198.33 The f imncial statements were approved and authorised by issue by the Board on 30th January 2024. Signed on beholf of the B¢)ard of the Trustees Emma Lusty Secretary Melanie Lusty Treasurer 11
jr* roL4rKlalion UK Rwstered ty.1197965 Notes to the Financiol Statements for the period ended 6th April 2023. l . Accounting Policies a) Basis of reparation The f inancial statements have been prepared in accordance with applicable United Kingdom accounting standards. The requirements of the Statement of Recommended Practice. 'accountin9 ¢rnd reporting by charities, (SORP 2015), in accordance with the f inancial reporting Standard applicable in the UK (FRS 102) applicable to smaller entities and the Charities Act 2011. The presentational currency of the f inancial statements is pound sterling (£). The charity is a Charitable Incorporation Or9anisation (CIO) registered with the Charity Commission. The re9lStered off ice address IS given in the charity inf ormation page. Assets, and liabilities are initially recognised at historical cost or transaction value. unless otherwise stated in the relevant accounting policy or note. b) Public Benef it Entity The CIO meets the def inition of a public entity under FRS 102. 12
Lf% pie Foundation c) 60ing Concern The trustees consider that there are no material uncertainties about the CIO'S ability to continue as a going concern. Further details are provided in the Trustees. report. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a si9nif icant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reportin9 period. d) Income rncome is received by way of donations and fundraising is also generated through trading activities. Income is included in f ull in the Statement of Financial Activities. recognised when the charity has entitlement to the f unds, any perf ormance conditions attached to the income have been met. it is probable that the income will be received, and that the amount can be measured reliably. e) Expenditure and allocation of support costs Resources expended are recognised in the period in which they are incurred resources. Expended include attributable VA T. which cannot be recovered. 13
Foundation VK R¢giStered Chority:1197965 Resources expended are allocated to the particular activity where the cost relates directly to the activity. However, the cost of overall direction and administration on each activity comprising general off ice costs and other overheads is apportioned on a basis, which is estimated based on the proportion of each activity to the total cost of all activities. f) Fund AccountirKJ Unrestricted f unds are donations and other incoming resources received or 9enerated f or the charitable purposes and are available for use at the discretion of the trustees in furtherance of the general objects of the Glo. In the f inancial period of 17th February 2022 to 6th April 2023, there have been no restricted f unds to report on. 9) Creditors Creditors and provision are reco9nised where the charity has a present obligation resulting f rom a past event that will probably result in the transf er of f unds to a third-party and the amount due to settle the obligation can be measured or estimated reliably. 14
jr rourthtion UK Rtyst¢rtd (Thavty:1197965 h) Financial Instruments The CIO has only basic f inancial assets and f inancial liabilities of a kind that qualify as basic f inancial instruments. Basic f inancial instruments are initially recognised at tmnsaction value and subsequently measured at their settlement value. 2. Income from donations UThYstricted R¢5tri¢t¢d 202212023 Totol tX>nation5 - and online 1.733.73 1,733.73 Total: £1,733.73 £1733_73 3. Income f rom trndin9 ¢Ktivities Unrestricted kestri¢ted 202212023 Total Amazon C>irect Book soles 19 108.82 19,108.82 School/Hospital Book Soles 1.610.76 1.610.76 Clyistmos party ticket stsl¢s 372.61 372.61 Total: £21.092.19 £2t.092.19 15
Foundation VK ftegist•d arity:1197965 4. Expenditure on raisiNJ funds Vnrestrict¢d R¢strKted 202212023 Total li¢v Msts for ev¢mts 906.07 906.07 Cost of books bought to be sold oThl doPted 1.980.07 1.980.07 Total.. £2,886.14 £2.886.14 5. Costs of charitable activity by type UmYstrict¢d kstricted 202212023 Totsl Provision of th¢ 1.640. 52 1640.52 Total.. £1,640.52 £1640.52 16
Foundation 6. Costs of charitable activity by type UNtricted Restrted 2022/2023 Totol Prokntion of Abilities Books 3,938.32 3,938.32 Total: £3.938.32 £3.938_32 7. Analysis of supwt costs UMTestric*ed Restricted 202Z/2023 Total 120_52 120.52 expenses Offlee expens¢s £3.464.86 3.436.26 96. 96.(K) Website 384.56 384_56 Storage 238.06 238.06 TrainiTrJ 555.92 555.92 Volunteers Thank y¢w Party 302.69 302.69 Total.. £5162.61 £5.162.61 17
fouTrlation UK keglstered Lknity'.119TX5 9. Fixed Assets Nothing purchased as a f ixed asset in year l. 10. Debtors - Nothing to report I l. Creditors falling due within one year Nothing to report 18
Foundation VX Reg¥tvtd Cknyty:1197965 12. Analysis of net assets Tofv3ible f ixed assets Net cwrent 202212023 Total Restricted fw V•r¢strirt¢d fithds 9.198.33 9.198.33 Totol 9.198.33 9,198.33 13. Movement in funds Bala¢ brwjht Exwdifvre 8alonce corried forword rtt xx April 2023 Restricted futr UN%stricted funds £22.825.92 (£13.627.59) £9.198.33 Total,. £22.825.92 (£13.627.59) £9.198.33 14. Related parties No Trustees received any remuneration during the period. l Trustee received expenses during the period. totalling £ 120.52 19