OpenCharities

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

2025-03-31-accounts

Company registration number 2692718 (England and Wales)

Charity registration number 1015937 (England and Wales)

GLOUCESTERSHIRE DEAF ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

GLOUCESTERSHIRE DEAF ASSOCIATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

S Stocken W Stavert V Sheen P Hancox (Appointed 1 August 2025)

Senior management J Sleigh Cheif Country of incorporation United Kingdom 2692718 (England and Wales) Charity registration England and Wales 1015937 Registered office Colin Road Barnwood Gloucester Gloucestershire GL4 3JL

Cheif Executive Officer

Auditor Pitt Godden & Taylor LLP Unit 3 Ambrose House Meteor Court Barnett Way Barnwood Gloucester GL4 3GG

|

GLOUCESTERSHIRE DEAF ASSOCIATION

CONTENTS

Page
.
Trustees’ report 1-5
Statement oftrustees' responsibilities 6
Independent auditor's report 7-9
Statement of financial activities 10
Balance sheet 11
Statement of cash flows 12
Notestothefinancialstatements 13-26

GLOUCESTERSHIRE DEAF ASSOCIATION

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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).

Objectives and activities

Who we serve:

GDA was set up in 1919 with the Objects of the Charity being stated as to relieve the disability of deaf people primarily in and around the county of Gloucestershire by the provision of material, spiritual, educational, and social support.

GDA has been connecting deaf and hard of hearing people with services and community for over 100 years. We serve the needs of anyone affected by deafness and their families, from those with profound, moderate or mild deafness to those who use hearing aids, cochlear implants to those who choose not to wear listening tech.

Our Mission and Values:

GDA’s Trustees have given consideration to the Charity Commission’s general guidance on public benefit, ‘Charities and Public Benefit? and as a user-led registered charitable company, GDA is independent of the statutory sector and able to fully advocate for local needs.

Our mission is to provide practical and social support to enable deaf people in Gloucestershire and the surrounding areas to achieve equity, agency, independence and connection with community.

Our vision is of an inclusive society where communication barriers are removed and people with any level of hearing loss are well-resourced, self-actualised and live confident lives of meaningful participation.

How we serve:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake to provide public benefit.

Activities

GDA's main activities and areas of expertise are:

Communication Support

GDA is the only local organisation in Gloucestershire providing communication support between deaf and hearing people. GDA enjoys a unique relationship of trust both with the local deaf community and communication support professionals who work in and around Gloucestershire. This means we are well positioned to deliver a service that is cost effective, personal, and has all the flexibility and immediate accountability that comes with a local supplier. GDA continues to deliver BSL Interpreting services under contract with NHS and Local Authority bodies and on a bespoke basis to other people and organisations requiring our service.

Hearing Aid Maintenance and Listening Aid Equipment Provision

GDA is sub-contracted by Gloucestershire Hospitals Hearing Services Department (Audiology) to provide an outreach service of routine hearing aid maintenance.

GDA is sub-contracted by Gloucestershire County Council to provide a service of home visits to people with hearing loss in order to make assessments for and install listening aids and visual alerts that will help keep them safe and reduce social isolation.

Deaf Awareness Training and British Sign Language Training (BSL College} GDA works with local deaf BSL tutors to provide BSL courses. GDA also offers Deaf Awareness workshops (ranging from 1 hour to all day sessions) and ongoing Deaf Inclusion advice and workshops to various organisations and other groups throughout Gloucestershire, such as GP surgeries, councils or businesses.

-4-

GLOUCESTERSHIRE DEAF ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Wellbeing Support

A wide range of wellbeing events take place across the year aimed at bringing deaf people together to enjoy social support. These are a mix of creative and physical opportunities as well as social events and trips. We have hosted talks to give accessible information, seated exercise, crafting, trips to local attractions, afternoon tea and lipreading circles. People with all degrees of deafness and all ages are welcome to these events.

The wellbeing team also offers outreach, a befriending service and one to one support to deaf and hard of hearing community members in areas such as health and wellbeing, access to medical services, and end of life care. :

Children, Young People, and Family Support

Deaf children, their siblings and families are supported through our CYPF service. We have a 0 - 8 yrs service called ‘Dalmatians’ with monthly activity sessions and our ‘NXT-Gen’ sessions for 9-16 year olds also offer monihly activities. Families also benefit extends throughout families who receive support through our informal, impartial, information-advocacy service, accessible at events, by dropping into the centre or by email.

Community Centre Room Hire

GDA's site at Colin Road, Barnwood in Gloucester comprises our offices and our Community Centre. The Community Centre provides an important community space which is culturally accessible to the local deaf community and welcomes many deaf-related and non deaf-related voluntary, professional and recreational groups.

Social Media Outreach

Many Deaf and hard of hearing community members use social media to find out what is going on their local community and the wider deaf community. We use our social media accounts across Twitter, Facebook and Instagram to update our community on key news stories relating to the deaf community to highlight upcoming events, opportunities and news at GDA.

Our newsletter includes comprehensive information about GDAs work and the communities we represent and serve. The stories and features highlight the experience of deafness in Gloucestershire with the aim of bringing life to the facts and figures previously highlighted.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Communication support

3,484 interpreting assignments have been completed across, Health, Social Care, Education, Employment, the Justice service and other areas of life.

Hearing aid maintenance and listening aid equipment provision 546 Sensory Services Assessments have been undertaken.

474 Gloucestershire Hospitals Hearing Services hearing aid clinics have taken place, seeing a total of 3,299 clients to clean and retube hearing aids.

Deaf Awareness Training and British Sign Language training (BSL College)

38 students undertaking BSL Level 1

14 students undertaking BSL Level 2 26 Deaf Awareness Sessions delivered to a total of 484 participants

-2.

GLOUCESTERSHIRE DEAF ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Community Centre room hire

The community centre is booked by local organisations and individuals for a wide range of actlvities that are educational, recreational and social in nature.

Community and informal advocacy services

Each week the team at GDA support the deaf and hard of hearing community members to access services, find solutions to communication barriers and sign post them on to relevant support.

Children, Young People, and family support

We have 60+ families attending our Dalmatians events for deaf children and children of deaf adults aged 0-8yrs. Nxt Gen is a newer service is for deaf and hard of hearing children, their siblings and children of deaf adults aged 9-16 and currently reaches 20+ children.

Wellbeing support

723 Wellbeing interactions with clients and 130 wellbeing events have been held during 2024/25. |

Social Media Outreach

We have improved engagement on Social Media this year with 4.7k followers on Facebook, 1.5K followers on lnstagram and are growing our presence on Linked In with 796 followers currently.

Social Activities

We continue to support the Hard of Hearing Group and the Deaf Club sessions at the centre, organised and used by the local deaf community. These included pub qulzzes, bingo nights, social events and talks.

Financial review

Income: 2024/25 £1,238,456(2023/24: £1,143,511) 1

Expenditure: 2024/25 £1,206,394 (2023/24: £1,020,869)

Surplus/(Deficit): 2024/25 Surplus £32,152 (2023/24: Deficit £22,642)

Rese,ves policy

GDA believes that in order to provide security and stability to our organisation and staff, sufficient funds need to be held in reserves for unexpected situations, cash flow difficulties or to use as working capital to develop new areas of work.

GOA also needs to have enough money to carry out its legal obligations in the event of the organisation having to wind up. In particular, the organisation must ensure that it would be able to pay salaries, redundancy costs, and any obligations under any leases or other contracts.

The agreed Reserves Policy is to maintain a reserve level of working capital requirements for a period of the last three months. This equates to £47,913, which will cover one month salary including HMRC and pension liabilities. a2 - > This is in line with the previous Reserve Policy and links to best practice. The current unrestricted reserves as per balance sheet are £102,087 (excluding the building) which are in line with our policy.

r Working Capital has been calculated as Current Assets less Current Liability. -

Principal funding sources 1

1 A main source of GDA's of funding are the contracted programs of work we deliver on behalf of the NHS and Gloucestershire County Council.

This year GOA were thankful to receive some unrestricted funding in 2024/25. Collectively these grants from the Barnwood Trust, Forrester Family's Trust, Gloucestershire Disability Fund, the Inman Charity and the Lennox Hannay Charitable Trust have made a huge difference to enable GOA to continue to serve our community.

In addition, we are thankful to receive restricted funding for our Wellbeing, Children's, Young People and Families and Capital programs from The Pied Piper Appeal, Active Impact, National Lottery, Summerfield Charitable Trust, Ernest Cook, Mid-Counties Co-op, Happy Days and The Morrisons Foundation.

GLOUCESTERSHIRE DEAF ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Major risks

The Trustees meet regularly throughout the year. At Trustee meetings the Board discusses any potential risks which may affect the organisation and seek management information to demonstrate how these risks are mitigated. Reduction in funding from contracts and grants and increases in overheads are risks the Trustees are aware of and seeking to develop solutions.

Structure, governance and management

The charity is a company limited by guarantee.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

N Hastie (Resigned 8 April 2024) E Moon (Resigned 23 April 2024) S Stocken W Stavert V Sheen R Kean (Appointed 8 April 2024 and resigned 31 December 2024) L Taylor (Appointed 8 April 2024 and resigned 31 December 2024) A Warren (Appointed 8 April 2024 and resigned 31 December 2024) P Hancox (Appointed 1 August 2025)

Recruitment and appointment of trustees

GDA can have a Board of up to 12 Trustees. The Board strives to ensure that there is representation of lived experience, together with a range of the necessary business and financial skills required to oversee the effective running of the charity. New trustees are appointed on the basis of their skills, knowledge and experience.

Before taking up their appointment, prospective Trustees meet with the Chair of Trustees and/or the CEO. They also complete an application form which includes a skills analysis and a statement of why they wish to serve as a Trustee of GDA.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Organisational structure

Board of Trustees meets four times a year and have overall responsibility for the Charity’s strategic direction and policy.

Day to day management of the Charity is delegated by the Trustees to the Chief Executive Officer (CEO).

Auditor

In accordance with the company's articles, a resolution proposing that Pitt Godden & Taylor LLP be reappointed as auditor of the company will be put ata General Meeting.

-4-

GLOUCESTERSHIRE DEAF ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

W Stavert

Chair (Interim)

8 December 2025

-5-

GLOUCESTERSHIRE DEAF ASSOCIATION

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also the directors of Gloucestershire Deaf Association for the purpose of company law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

-6-

:

GLOUCESTERSHIRE DEAF ASSOCIATION

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GLOUCESTERSHIRE DEAF ASSOCIATION

Opinion

We have audited the financial statements of Gloucestershire Deaf Association (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concem basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

-7-

GLOUCESTERSHIRE DEAF ASSOCIATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF GLOUCESTERSHIRE DEAF ASSOCIATION

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

.

As explained more fully in the statement of trustees’ responsibilities, the trustees, who are also the directors of the charity for the purpose of company Jaw, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud, and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the charity’s financial statements to material misstatement, including obtaining an understanding of how fraud may occur, by:

-8-

GLOUCESTERSHIRE DEAF ASSOCIATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF GLOUCESTERSHIRE DEAF ASSOCIATION

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities is available on the Financial Reporting Council's website at: httos:// www.irc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

(Senior Statutory Auditor)

for and on behalf of Pitt Godden & Taylor LLP

8 December 2025

Chartered Accountants Statutory Auditor

Unit 3 Ambrose House

Meteor Court

Barnett Way Barnwood Gloucester GL4 3GG

-Q-

GLOUCESTERSHIRE DEAF ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
as restated as restated
Notes £ £ £ £ £ £
Income from:
Donations andlegacies 3 23,806 - 23,806 27,745 - 27,745
Charitable activities 4 1,086,188 123,840 1,210,028 1,003,671 100,995 1,104,666
Othertrading activities 5 4,712 - 4,712 11,100 - 11,100
Total income 1,114,706 123,840 1,238,546 1,042,516 100,995 1,143,511
Expenditure on:
Raising funds 6 3,535 - 3,535 7,011 - 7,011
Charitable activities 7 1,075,149 127,710 1,202,859 904,825 209,033 1,113,858
Total expenditure 1,078,684 127,710 1,206,394 911,836 209,033 1,120,869
Net income/(expenditure) and
movement in funds 36,022 (3,870) 32,152 130,680 (108,038) 22,642
Reconciliation offunds:
Fund balances at 1 April 2024
As originally reported 466,065 30,887 496,946 538,097 138,919 677,010
Prioryear adjustment - - - (101,353) - (101,353)
Fund balances at 31 March
2025 502,087 27,011 529,098 466,065 30,881 496,946

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

-10-

GLOUCESTERSHIRE DEAF ASSOCIATION

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 13 403,645 406,293
Current assets
Stocks 14 ~ 715
Debtors 15 162,340 107,775
Cash at bank and in hand 169,801 150,933
332,141 259,423
Creditors: amounts falling due within 17
one year (179,282) (135,926)
Net current assets 152,859 123,497
Total assets less current liabilities 556,504 529,790
Creditors: amounts falling due after
more than one year 18 (27,406) (32,844)
Net assets 529,098 496 946
The funds ofthe charity
Restricted income funds 21 27,011 30,881
Unrestricted funds 22 502,087 466,065
529,098 496,946

The financial statements were approved by the trustees on 8 December 2025

W Stavert Chair (Interim)

-1-

GLOUCESTERSHIRE DEAF ASSOCIATION

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |Notes|£|£|£|£| |Cash|flows|from|operating|activities| |Cash|generated|from|operations|25|24,186|79,915| |Investing|activities| |Proceeds|from|disposal|of tangible|fixed| |assets|-|7,200| |Net|cash|generated|from|investing|activities|-|7,200| |Financing|activities| |Repayment|of bank|loans|(5,318)|(5,184)| |Net cash|used|in|financing|activities|(5,318)|(5,184)| |Net|increase|in|cash|and|cash|equivalents|18,868|81,931| |Cash|and|cash|equivalents|at beginning|of year|150,933|69,002| |Cash|and|cash|equivalents|at|end|of year|169,801|150,933|

----- End of picture text -----

~12.

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Charity information

Gloucestershire Deaf Association is a private company limited by guarantee incorporated in England and Wales. The registered office is Colin Road, Barnwood, Gloucester, Gloucestershire, GL4 3JL.

1.1. Basis of preparation The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102’) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

,

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

14 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic beneitts will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

-13-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings nil Fixtures and fittings 10 - 25% straight line Computers 25% straight line

Computers

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

-14-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Donations and gifts 23,806 27,745

Donated goods and services

During the year under review Midcounties Co-op started provided donations in kind that totaled £200 as at the end of the year.

-15-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Income from charitable activities

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |funds|funds|funds|funds| |2025|2025|2025|2024|2024|2024| |£|£|£|£|£|£| |Charitable|activities| |Services|provided|under| |contract|821,357|123,840|945,197|665,870|100,995|766,865| |Sales|of|services|by| |beneficiaries|48,531|-|48|531|51,584|-|51,584| |Performance|related| |grants|123,250|-|423,250|204,935|-|204,935| |Ancillary|trading|income|37,950|-|37,950|42,515|-|42,515| |Charitable|rental|income|49,684|-|49,684|31,650|-|31,650| |Other|income|5,416|-|5,416|7,117|-|7,117| |1,086,188|123,840|1,210,028|1,003,671|100,995|1,104,666|

----- End of picture text -----

5 Income from other trading activities

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Fundraising|events|4,712|11,100| |6|Expenditure|on|raising|funds| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Fundraising|and|publicity| |Other fundraising|costs|3,535|7,011|

----- End of picture text -----

-16-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

7 Expenditure on charitable activities

Charitable
activities		 Charitable
activities
2025 2024
£ £
Direct costs
Staffcosts 408,207 360,156
Interprreter fees 586,601 475,321
Hearing aids 4,084 9,554
Room hire 12,643 1,359
Education & training 29,125 51,903
Volunteer expenses - 126
College fees 2,101 26,894
Wellbeing 13,001 9,540
Various club expenses 17,407 12,859
Car park expenses - 27
Internal recharges - 180
Staffwelfare/dbs checks 3,005 2,177
1,076,174 950,096
Share ofsupport and governance costs (see note 8)
Support 126,685 163,762
1,202,859 1,113,858
Analysis by fund
Unrestricted funds 1,075,149 904,825
Restricted funds 127,710 209,033
1,202,859 1,113,858

-17-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Support costs allocated to activities

8 Support costscosts allocated to activities
2025 2024
£ £
Depreciation 2,648 3,973
Training and finance expenses 2,814 6,329
Repairs and maintenance 21,870 21,612
Rates and insurance 6,346 6,123
Bank charges and interest 2,906 2,301
Heat and light 8,200 8,497
Postage, printing and stationery 6,128 6,397
Telephone and broadband 9,083 9,248
IT support and website 18,463 20,708
Professional fees 39,227 67,374
Audit and accountancy fees 9,000 11,200
126,685 163,762
Analysed between:
Charitable activities 126,685 163,762
9 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit ofthe charity's financial statements 9,000 9,000
Depreciation ofowned tangible fixed assets 2,648 3,306
Amortisationofintangibleassets - 667

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

  1. Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
17 16

-~ 18 -

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

11. Employees (Continued)
Employment costs 2025 2024
£ £
Wages and salaries 368,354 326,735
Social security costs 26,158 22,227
Other pension costs 13,695 11,194
408,207 360,156

There were no employees whose annual remuneration was more than £60,000.

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13

Tangible fixed assets

Tangible fixed assets
Freehold land
and buildings		 Fixtures and
fittings		 Computers Total
£ £ £ £
Cost or valuation
At 1 April 2024 400,000 23,482 31,839 455,321
At 34 March 2025 400,000 23,482 31,839 455,321
Depreciation and impairment
At 1 April 2024 - 22,607 26,421 49,028
Depreciation charged in the year - 134 2,514 2,648
At 31 March 2025 - 22,741 28,935 51,676
Carrying amount
At 31 March 2025 400,000 741 2,904 403,645
At31March2024 400,000 875 5,418 406,293

The carrying value of land included in land and buildings comprises:

Freehold

2025 2024
£ £
330,000 330,000

Land and buildings with a carrying amount of £330,000 were revalued in 2020 by Ash & Co Surveyors, independent valuers not connected with the charity on the basis of market value. The valuation conforms to International Valuation Standards and was based on recent market transactions on arm's length terms for similar properties.

-19-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

13 Tangible fixed assets

(Continued)

At 31 March 2025, had the revalued assets been carried at historic cost Jess accumulated depreciation and accumulated impairment losses, their carrying amount would have been approximately £330,000 (2024 - £330,000).

14 Stocks

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Finished|goods|and|goods|for|resale|-|715| |15|Debtors| |2025|2024| |Amounts|falling|due|within|one|year:|£|£| |Trade|debtors|159,136|105,228| |Prepayments|and|accrued|income|3,204|2,547| |162,340|107,775| |16|Loans|and|overdrafts| |2025|2024| |£|£| |Bank|loans|32,776|38,094| |Payable|within|one|year|5,370|5,250| |Payable|after one year|27,406|32,844|

----- End of picture text -----

During 2020 the charity took a Bounce Back Loan. This loan is Guaranteed by the UK Government.

17 Creditors: amounts falling due within one year

----- Start of picture text -----
|||||| |---|---|---|---|---| |2025|2024| |Notes|£|£| |Bank|loans|16|5,370|5,250| |Deferred|income|19|88,864|72,355| |Trade|creditors|67,724|41,609| |Other|creditors|1,643|2,014| |Accruals|15,681|14,698| |179,282|135,926|

----- End of picture text -----

-20-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

18 Creditors: amounts falling due after more than one year

----- Start of picture text -----
||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |Notes|£|£| |Bank|loans|16|27,406|32,844| |19|Deferred|income| |2025|2024| |,|£|£| |Other|deferred|income|88,864|72,355| |Deferred|income|is|included|in|the|financial|statements|as|follows:| |2025|2024| |£|£| |Deferred|income|is|included|within:| |Current|liabilities|88,864|72,355| |Movements|in|the|year:| |Deferred|income|at|1|April|2024|72,355|104,815| |Released|from|previous|periods|(72,355)|(104,815)| |Resources|deferred|in|the|year|88,864|72,355| |Deferred|income|at|31|March|2025|88,864|72,355| |20|Retirement|benefit|schemes| |2025|2024| |Defined|contribution|schemes|£|£| |Charge|to|profit|or|loss|in|respect|of defined|contribution|schemes|13,695|11,194|

----- End of picture text -----

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

-21-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21 ‘~Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April Incoming Resources At31 March
2024 resources expended 2025
£ £ £ £
Karl Gluck ~ 54,771 (54,771) -
Wellbeing - 19,320 (11,107) 8,213
Summerfield - 10,000 (8,697) 1,303
Active Impact - 6,404 (4,788) 1,616
Morrisons - 8,000 (738) 7,262
Other - 22,645 (22,373) 272
Barnwood Trust - Digital Inclusion 3,250 - (3,250) -
Wellbeing Activities 1,500 - (157) 1,343
Community Union Lunch Club - 1,500 - 1,500
National Lottery - Deaf in the CovidAftermath 2,100 - (1,655) 445
Lunch Club Transport - 500 - 500
Ernest Cook NextGen - 500 - 500
Designated funds 3,943 - (2,593) 1,350
Dalmations 1,000 - - 1,000
MCF Children andYoung Families 11,846 - (11,846) -
GCF Cost of Living 1,560 - (1,560) -
Birkdale Trust for Dalmations 2,165 - (2,165) -
Morrisons Lunch Club 3,517 - (2,010) 1,507
Other < £500 - 200 - 200
30,881 123,840 (127,710) 27,011

-22-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21. ~—«Restricted funds (Continued)
Previous year: At 1 April Incoming Resources At31 March
2023 resources expended 2024
£ £ £ £
Freemasons Transport Grant 1,249 - (1,249) -
Wellbeing Officer 55,856 - (55,856) -
Covid Tests for interpreters 291 - (291) -
Volunteer Coordinator 243 - (243) -
Dorothy Bolton Grant for Children 2,025 - (2,025) -
Barnwood Trust - Equipment Officer 8,622 - (8,622) -
Barnwood Trust - Digital Inclusion 16,530 - (13,280) 3,250
GCF - Wellbeing Activities 3,667 - (3,667) -
St Monica - Digital Inclusion 32,000 - (32,000) -
National Lottery - Deaf in the CovidAftermath 16,584 - (14,484) 2,100
Gloucester Community Investment Fund 190 - (190) -
GCC - Thriving Communties (833) - 833 -
Designated funds 2,495 4,729 (781) 6,443
Pied Piper Dalmations - 13,316 (13,316) -
MCF Children and Young Families - 19,945 (8,099) 11,846
GCF Cost ofLiving - 2,391 (831) 1,560
GCF WellbeingActivities - 666 (666) -
Birkdale Trust forDalmations - 2,700 (535) 2,165
Morrisons Lunch Club
Other		 -
-		 4,020
53,228		 (503)
(53,228)		 3,517
-
138,919 100,995 (209,033) 30,881

22 = Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April incoming Resources At31 March
2024 resources expended 2025
£ £ £ £
Revaluation reserve 70,000 - - 70,000
General funds 396,065 1,114,706 (1,078,684) 432,087
A66,065 1,114,706 (1,078,684) 502,087

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

22 ~ Unrestricted funds (Continued)
Previous year: At 1 April Incoming Resources At31 March
2023 resources expended 2024
£ £ £ £
Revaluation reserve 70,000 - - 70,000
General funds 366,738 1,042,516 (911,836) 497,418
436,738 1,042,516 (911,836) 567,418
Revaluation reserve - - - (101,353)
436,738 1,042,516 (911,836) 466,065
23 Analysis ofnet assets between funds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 March 2025:
Tangible assets 403,645 - 403,645
Current assets/(liabilities) 125,848 27,011 152,859
Long term liabilities (27,406) - (27,406)
502,087 27,011 529,098
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 March 2024:
Tangible assets 406,293 - 406,293
Current assets/(liabilities) 92,616 30,881 123,497
Long term liabilities (32,844) - (32,844)
466,065 30,881 496,946

24 Related party transactions

During the year under review the charity purchased BSL tutor services from one of its trustees, W. Stavert, under normal commercial terms. During the year purchases totaled £6,418 (2024 - £7,059) and as at the end of the year, the balance of £179 was outstanding (2024 - £413).

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

25 Cash generated from operations 2025 2024
£ £
Surplus forthe year 32,152 22,631
Adjustments for:
Amortisation and impairment of intangible assets - 667
Depreciation and impairment oftangible fixed assets 2,648 3,306
Movements in working capital:
Decrease in stocks 715 2,055
(Increase)/decrease in debtors (54,565) 103,644
Increase/(decrease) in creditors 26,727 (19,928)
Increase/(decrease) in deferred income 16,509 (32,460)
Cash generated from operations 24,186 79,915
26 ~=Analysis ofchanges in net funds
At 1 April 2024 Cash flowsAt 31 March 2025
£ £ £
Cash at bank and in hand 150,933 18,868 169,801
Loans falling due within one year (5,250) (120) (5,370)
Loans falling due after more thanone year (32,844) 5,438 (27,406)
112,839 24,186 137,025

-25-

GLOUCESTERSHIRE DEAF ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) AS AT 31 MARCH 2025

27 _~—=«~Prrior period adjustment
Changes to the balance sheet
At 31 March 2024
As previously Adjustment As restated
reported
£ £ £
Capital funds
Income funds
Restricted funds 30,881 - 30,881
Unrestricted funds 466 ,065 - 466,065
Total equity 496,946 - 496,946
Changes to the profit and loss account
Period ended 31 March 2024
As previously Adjustment As restated
reported
£ £ £
Income from:
Donations and legacies 27,745 - 27,745
Charitable activities 1,104,666 - 1,104,666
Other trading activities 11,100 - 11,100
1,143,511 - 1,143,511
Expenditure on:
Charitable activities 1,113,858 - 1,113,858
(1,120,869) - (1,120,869)
Netmovementinfunds 22642 - 22642

Due to the incorrect treatment of incoming funds/restricted funds in prior periods, a prior year adjustment has been made to correct the balances as at 31 March 2024.

-26-