ADVIZA PARTNERSHIP

Charity number: 1132201
Charity is insolvent

Charity overview

Activities - how the charity spends its money

ADVIZA AIMS TO IMPROVE THE LIVES OF YOUNG PEOPLE AND ADULTS WHO ARE SOCIALLY EXCLUDED BY ENABLING THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT MATURE & RESPONSIBLE INDIVIDUALS. THIS IS ACHIEVED BY GIVING ADVICE ON A RANGE OF SUBJECTS FROM CAREERS (INCLUDING ASSISTANCE WITH FINDING EMPLOYMENT) & EDUCATION TO DRUG ABUSE, HOMELESSNESS & TEENAGE PREGNANCY. ADVIZA ALSO SUPPORTS OTHER CHARITIES & NPOs.

Income and expenditure

Data for financial year ending 31 March 2023

Total income:
£4,232,000

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Donations and legacies £354.00k
Charitable activities £3.77m
Other trading activities £74.00k
Investments £36.00k
Other £0

Total expenditure:
£5,459,000

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Raising funds £0
Charitable activities £5.46m
Other £0

-£61,000 investments gains (losses)

Total income includes £3,768,000 from 5 government contract(s) and £351,000 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £5.46m

People

57 Employee(s)

7 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£80k to £90k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for being a trustee.

What, who, how, where

What the charity does:
  • Education/training
  • Disability
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 19 October 2009: Standard registration
  • 14 August 2013: Funds received from 1117577 CONNEXIONS BERKSHIRE
  • 02 October 2013: Funds received from 1132205 CONNEXIONS OXFORDSHIRE
  • 15 February 2020: Funds received from 1132204 CONNEXIONS BUCKINGHAMSHIRE
Organisation type:
Charitable company
Other names:
  • CONNEXIONS THAMES VALLEY (Previous name)
Company number:
06534168 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Prof Tristram John Hooley Chair 26 November 2020
None on record
Michael Julian King Trustee 17 November 2022
None on record
Sarah Louise GReen Trustee 14 July 2022
None on record
Anne Helen Delauzun Trustee 14 July 2022
None on record
Ayaan Ashraf Trustee 18 November 2021
None on record
Christoph Nehring Trustee 15 July 2021
None on record
Seth Allen Trustee 18 March 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £7.41m £7.03m £6.59m £6.48m £4.23m
Total expenditure £8.48m £8.31m £6.62m £6.96m £5.46m
Income from government contracts £4.02m £5.18m £4.57m £4.66m £3.77m
Income from government grants £1.36m £721.00k £1.09m £479.00k £351.00k
Income - Donations and legacies £166 £0 £0 £0 £354.00k
Income - Other trading activities £0 £0 £0 £0 £74.00k
Income - Charitable activities £7.37m £6.98m £5.86m £6.32m £3.77m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £40.03k £41.00k £42.00k £42.00k £36.00k
Income - Other £0 £0 £692.00k £111.00k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £8.48m £8.31m £6.62m £6.96m £5.46m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £29.88k £30.00k £17.00k £15.00k £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Own use assets £65.59k £50.00k £137.00k £96.00k £71.00k
Long-term investments £1.27m £1.22m £1.47m £1.59m £630.00k
Other assets £2.07m £1.13m £1.43m £4.19m £1.16m
Defined benefit pension scheme asset or liability -£13.50m -£9.56m -£11.27m -£8.99m -£97.00k
Total liabilities £1.14m £1.05m £1.14m £3.93m £706.00k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024
Accounts and TAR 31 March 2024
Annual return 31 March 2023
Accounts and TAR 31 March 2023
Annual return 31 March 2022
Accounts and TAR 31 March 2022
Annual return 31 March 2021
Accounts and TAR 31 March 2021
Annual return 31 March 2020 24 November 2020 On time
Accounts and TAR 31 March 2020 24 November 2020 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 13/03/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 24/07/2008 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 16/11/2010 AS REGISTERED AT COMPANIES HOUSE ON 09/12/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15/11/2011 AS REGISTERED AT COMPANIES HOUSE ON 12/01/2012 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 22/05/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/08/2012 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 15/01/2013 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 28 MAR 2017 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13 MAR 2018 as amended on 16 Dec 2019

Charitable objects

I) TO ADVANCE IN LIFE CHILDREN AND YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, EDUCATION, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS BY ALL CHARITABLE MEANS; AND II) TO PROMOTE SOCIAL INCLUSION IN THE UNITED KINGDOM BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED, AND ASSISTING THEM TO INTEGRATE INTO SOCIETY. III) THE RELIEF OF UNEMPLOYMENT IN THE UNITED KINGDOM IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT: AND IIII) TO PROMOTE THE EFFICIENT AND EFFECTIVE USE OF RESOURCES FOR CHARITABLE PURPOSES BY CHARITABLE AND NON-CHARITABLE BODIES FOR THE BENEFIT OF THE PUBLIC. FOR THE BENEFIT OF ARTICLE 4 'SOCIALLY EXCLUDED' MEANS BEING EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OR MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH OR OLD AGE; ILL HEALTH (PHYSICAL OR MENTAL); SUBSTANCE ABUSE OR DEPENDENCY INCLUDING ALCOHOL AND DRUGS; DISCRIMINATION ON THE GROUNDS OF SEX, RACE, DISABILITY, ETHNIC ORIGIN, RELIGION, BELIEF, CREED, SEXUAL ORIENTATION OR GENDER RE-ASSIGNMENT; POOR EDUCATIONAL OR SKILLS ATTAINMENT; RELATIONSHIP AND FAMILY BREAKDOWN; POOR HOUSING (THAT IS HOUSING THAT DOES NOT MEET BASIC HABITABLE STANDARDS); AND CRIME (EITHER AS A VICTIM OF CRIME OR AS AN OFFENDER REHABILITATING INTO SOCIETY).

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNITED KINGDOM

Contact information

Address:
F R P ADVISORY LLP
110 CANNON STREET
LONDON
EC4N 6EU
Phone:
01184027170
Email:
info@adviza.org.uk
Website:

www.adviza.org.uk Open in new window