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2024-07-31-accounts

Trustees’ Annual Report for the period

From: 1[st] August 2023 Period start date To: 31[st] July 2024 Period end date

Charity name: Change Ahead Non-Profit Charity

Charity registration number: 1199619

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 Change Ahead exists to empower individuals
facing disadvantage—including those who are
homeless, refugees, ex-offenders, young people,
and those with learning disabilities—by
improving access to education, employment,
training, and secure housing. The charity aims to
promote independence, well-being, and
financial stability through innovative,
community-driven solutions.
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		 In 2023–24, Change Ahead delivered housing
support services, employment and training
workshops, financial literacy education,
wellbeing programmes, and technology-based
solutions. These activities included urban
farming, Generative AI education, yoga/self-
defence classes, and online platforms
connecting vulnerable individuals with
resources. All initiatives were designed to create
long-term public benefit by promoting stability,
independence,and inclusion.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit.		 Para 1.18 The trustees confirm they have had due regard
to the Charity Commission’s guidance on public
benefit when reviewing the charity’s aims and
objectives and in planning future activities.

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

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SORP reference
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Achievements and Performance Achievements and Performance 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 In the reporting period, Change Ahead
supported 953 individuals with housing and
employment. It reduced average time in
temporary accommodation by 50%, saving over
£418,000 in public costs. The charity engaged 75
university students, 48 corporate volunteers,
and 13 partner organisations in delivering
impactful, community-led projects. Innovations
in AI and sustainable food solutions extended
the charity’s reach and created systemic benefits
for individuals and communities.

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

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

Other

Financial Review

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Review of the charity’s Para 1.21 The charity maintained a stable financial
financial position at the end position, with sufficient income to support key
of the period programmes and operational activities. The
majority of funding came from grants, corporate
sponsors, and individual donors. Change Ahead
continues to allocate resources strategically to
maximise impact while ensuring sustainability
across all project areas.
Statement explaining the Para 1.22
policy for holding reserves
stating why they are held
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22 The charity holds zero reserves, it is due to a
reserves strategy of allocating all available funds directly
toward programme delivery and service users.
The charity prioritises using funds for immediate
community impact while continuing to pursue
new income streams and funders to support
long-term resilience.
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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Additional information (optional) You may choose to include further statements where relevant about:

Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 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 Constitution of a Charitable Incorporated
Organisation
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Charitable Incorporated Organisation (CIO)
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 Trustees are appointed by the existing board
based on relevant skills and experience aligned
with the charity’s objectives. All appointments
follow the procedures set out in our
constitution. Trustees are not elected by
members, and no external body holds the right
to appoint trustees.

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

Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
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

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-
Charity name Change Ahead Non Profit Charity
Other name the charity uses Change Ahead
Registered charity number 1199619
Charity’s principal address Office 2E
Argyle House
Joel St
Northwood
HA6 1LL
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Bhavin Shah
2 Philippa Hallam
3 Alex Luketa
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– 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
held in this capacity		 N/a
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 N/a
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets		 N/a

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

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) Full name(s) Bhavin Shah Position (eg Secretary, Trustee Chair, etc) Date 7 April 2025

REGISTERED CHARITY NUMBER: 1199619

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2024

for

Contents of the Financial Statements for the Year Ended 31 July 2024

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5 to 6
Notes to the Financial Statements 7 to 10
Detailed Statement of Financial Activities 11

Report of the Trustees

for the Year Ended 31 July 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2024. 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).

About Us

We empower individuals at risk of homelessness to transform their lives. By working with trusted partners and leveraging technology for good, we connect people to housing, education, and employment-building pathways toward long-term stability and wellbeing.

Our mission

Our mission is to empower individuals through education, training, and employment, while leading the way in innovative, technology-driven solutions to overcome the challenges of housing, food scarcity, and economic hardship.

OBJECTIVES AND ACTIVITIES

Change Ahead Framework

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as a Charity Incorporated Organisation and is registered with the Charity Commission for England and Wales with the registration number 1199619. It is controlled by its governing document.

Page 1

Report of the Trustees

for the Year Ended 31 July 2024

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1199619

Registered office

Office 2E Argyle House Joel St Northwood HA6 1LL

Trustees

Alexander Simon Luketa Trustee Philippa Hallam Trustee Bhavin Shah Trustee

Approved by order of the board of trustees on 10 March 2025 and signed on its behalf by:

………………………………….. Bhavin Shah - Trustee

Page 2

Independent Examiner's Report to the Trustees of - Change Ahead Non Profit Charity

Independent examiner's report to the trustees of Change Ahead Non-Profit Charity ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

…………………………………….

Sajjad Jaffer FCCA Harris Accountancy Services Ltd Cobalt Square, 83 Hagley Road Birmingham B16 8QG

11 March 2025

Page 3

Statement of Financial Activities for the Year Ended 31 July 2024

Period
11.7.22
Year Ended
to
31.7.24 31.7.23
Unrestricted
Total
fund funds
as restated
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 4,268 2,577
Other trading activities 2 2,090 -
Total 6,358 2,577
EXPENDITURE ON
Raising funds 469 -
Other 4,550 3,834
Total 5,019 3,834
NET INCOME/(EXPENDITURE) 1,339 (1,257)
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported 22,743 -
Prior year adjustment 5 (24,000) -
As restated (1,257) -
TOTAL FUNDS CARRIED FORWARD 82 (1,257)

The notes form part of these financial statements

Page 4

Balance Sheet

31 July 2024

31.7.24
31.7.23
Unrestricted
Total
fund funds
as restated
Notes £ £
CURRENT ASSETS
Cash at bank and in hand 862 523
CREDITORS
Amounts falling due within one year 6 (780) (1,780)
NET CURRENT ASSETS/(LIABILITIES) 82 (1,257)
TOTAL ASSETS LESS CURRENT
LIABILITIES 82 (1,257)
NET ASSETS/(LIABILITIES) 82 (1,257)
FUNDS 7
Unrestricted funds 82 (1,257)
TOTAL FUNDS 82 (1,257)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 5

continued...

Balance Sheet - continued

31 July 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 10 March 2025 and were signed on its behalf by:

………………………………… Bhavin Shah - Trustee

The notes form part of these financial statements

Page 6

Notes to the Financial Statements for the Year Ended 31 July 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 7

continued...

Notes to the Financial Statements - continued for the Year Ended 31 July 2024

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
Period
11.7.22
Year Ended to
31.7.24 31.7.23
as
restated
£ £
Services 2,090 -

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2024 nor for the period ended 31 July 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2024 nor for the period ended 31 July 2023.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
as restated
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,577
EXPENDITURE ON
Other 3,834
NET INCOME/(EXPENDITURE) (1,257)
TOTAL FUNDS CARRIED
FORWARD (1,257)

Page 8

continued...

Notes to the Financial Statements - continued for the Year Ended 31 July 2024

5. PRIOR YEAR ADJUSTMENT

The prior year adjustments relates to an outstanding invoice for a Service Level Agreement contract which was cancelled..

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24
31.7.23
as
restated
£ £
Accrued expenses 780 1,780

7. MOVEMENT IN FUNDS

Unrestricted funds
General fund
TOTAL FUNDS		 Prior
Net
year
movement
At 1.8.23
adjustment
in funds
£
£
£
22,743
(24,000)
1,339
22,743
(24,000)
1,339		 At
31.7.24
£
82
82

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 6,358 (5,019) 1,339
TOTAL FUNDS 6,358 (5,019) 1,339

Comparatives for movement in funds

Net
movement At
in funds 31.7.23
£ £
Unrestricted funds
General fund (1,257) (1,257)
TOTAL FUNDS (1,257) (1,257)

Page 9

continued...

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

7. 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 2,577 (3,834) (1,257)
TOTAL FUNDS 2,577 (3,834) (1,257)

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2024.

Page 10

Detailed Statement of Financial Activities for the Year Ended 31 July 2024

Detailed Statement of Financial Activities
for the Year Ended 31 July 2024
Period
11.7.22
Year Ended
to
31.7.24
31.7.23
as restated
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 4,268 2,577
Other trading activities
Services 2,090 -
Total incoming resources 6,358 2,577
EXPENDITURE
Raising donations and legacies
Sundries 469 -
Support costs
Management
Rent 2,000 3,000
Insurance 164 -
Advertising 1,088 -
3,252 3,000
Information technology
Subscriptions 35 54
Website costs 268 -
303 54
Other
Telephone 34 -
Governance costs
Accountancy fees 780 780
Legal fees 181 -
961 780
Total resources expended 5,019 3,834
Net income/(expenditure) 1,339 (1,257)

This page does not form part of the statutory financial statements

Page 11

Issuer

Harris Accountancy Services Ltd

Document generated Mon, 10th Mar 2025 16:41:51 GMT

Document fingerprint 223dcb7803726f932d905b14864389ed

Parties involved with this document

Document processed

Party + Fingerprint

Tue, 11th Mar 2025 9:31:38 GMT Tue, 11th Mar 2025 11:47:50 GMT

Mr Bhavin Shah - Signer (c2183f60331c81a567ae542af90ca362) Sajjad Jaffer - Signer (82a62d4d8c24297cff6b783fb288670c)

Audit history log

Date

Action

Mon, 10th Mar 2025 16:41:51 GMT Mon, 10th Mar 2025 16:41:51 GMT

Mon, 10th Mar 2025 16:41:51 GMT Mon, 10th Mar 2025 16:41:51 GMT Mon, 10th Mar 2025 16:41:51 GMT

Mon, 10th Mar 2025 16:41:57 GMT Mon, 10th Mar 2025 16:41:57 GMT Mon, 10th Mar 2025 16:41:57 GMT Tue, 11th Mar 2025 9:30:00 GMT Tue, 11th Mar 2025 9:31:38 GMT Tue, 11th Mar 2025 9:31:38 GMT Tue, 11th Mar 2025 9:31:39 GMT Tue, 11th Mar 2025 9:31:39 GMT Tue, 11th Mar 2025 9:39:33 GMT Tue, 11th Mar 2025 11:46:54 GMT Tue, 11th Mar 2025 11:47:51 GMT Tue, 11th Mar 2025 11:47:51 GMT Tue, 11th Mar 2025 11:47:51 GMT

Envelope generated with fingerprint e7c5a88391508c6990d979139e69e3e335.176.231.177 Document generated with fingerprint 223dcb7803726f932d905b14864389ed.35.176.231.177 Mr Bhavin Shah has been assigned to this envelope.35.176.231.177 Sajjad Jaffer has been assigned to this envelope.35.176.231.177 Envelope has been set to automatically remind the active signer every 7 day(s).35.176.231.177

Envelope generated Sent the envelope to Mr Bhavin Shah for signing Document emailed to party email13.40.54.239 Mr Bhavin Shah viewed the envelope86.18.152.142 Mr Bhavin Shah signed the envelope86.18.152.142 Sent the envelope to Sajjad Jaffer for signing86.18.152.142 Mr Bhavin Shah viewed the envelope86.18.152.142 Document emailed to party email18.169.186.5 Mr Bhavin Shah viewed the envelope213.104.143.68 Sajjad Jaffer viewed the envelope149.40.126.16 Sajjad Jaffer signed the envelope149.40.126.16 This envelope has been signed by all parties149.40.126.16 Sajjad Jaffer viewed the envelope149.40.126.16