Reglstered Company Number: 02811046 (England and Wales) Reglstsred Charity Number: 1020670 Report of the Trustees and Unaudited Flnanclal Statements For the Year Ended 31 March 2024 For Sensory Trust TC Group The Old Cattiage Works Moresk Road TRURO Cornwall TRI IDG
Sensory Trust Contents of the Financial Statements For the Year Ended 31 March 2024 Page Report of the Trustees 1 to 15 Independent Examiner's Report 16 Statement of Flnanclal Actlvltles 17 Balance Sheet 18 to 19 Cash Flow Statement 20 Notes to the Cash Flow Statement 21 Notes to the Flnanclal Statements 22 to 31 Detslled Ststement of Flnanclal Activitles 32 to 33
Sensory Trust Report of the Trustees For the Year ended 31 March 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 March 2024. The truslees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounls in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Objectives and Actlvltles Our aim Is to rnake the outdoors accessible and engaging for all people, regardless of age, ability or social circumstance. Our work benefits young and okler people living with disabllity and health issues, together with their families and carers. We work throughout the UK and share our approaches internationally with a wide network of organisations and Individuals. The Trust has a reputation for its positive, creative approach. Our team includes landscape, resource and information designers, writers. trainers, and community engagement specialists. We work with design practices, local authorities, greenspace organisations, health. education and care professionals and disengaged communities to change the way thal plaS are designed, built and managed. We bring nature-based experiences into the lives of people who need them most. We work directly with individuals and community groups using nature-based activities to improve their health and wellbeing. Our work spans urban parks, healthcare and residential environments, schools and education centres, heritsge sites, visitor destinations. wildlrfe sites and the countryside. Our priorities for the year ending 31st March 2024 are uslng the outdoors and nature- based activilies to". make places accesslble, raising awareness and skills so the health and social benefits of engaglng wlth nature can be shared by everyone. foster Incluslve communities, increasing nature-based Ix>mmunity opportunities for socially isolated people to engage with. encourage and enable sensory engagement. creating and sharing nature-based resources to encourage people to engage with nature and the outdoors. Achievements and activities during 2023124 Key achievements during the year therefore include: 991 people benefited from meaningful connections with nature through direct Page I
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 involvement in our project activities. This group includes children and adulls with physical, leaming and sensory disabilities, people livlng with dementia as well as their carers and family members. Our professlonal advlce and expertlse were sought by national professlonal bodies, design practices, care homes and visitor destinations. Advice ranged from outdoor access and garden design to inclusive infomiatlon and communlty engagement. Thls Includes training 698 people. Over the last 12 months our guidance has been viawod over 160,000 tlmes and our blog has recelved circa 234,000 vlews. Our YouTube films have had over 19,000 views and we connect with 11,997 people through our social media channels. Trading has contSnued as an Important activlty to fund our development work. This has resulted in a donation to the charity of £28,179 from our trading subsidiary. Orange Splral Llmlted. Publlc Beneflt In shaping our objectives for Ihe year and plannlng our actlvitles, the trustees have considered the Charity Commlssion's guidance on public benefit. Participants In grant funded projects can engage In our activities free of charga, or in the case of training and professional development activitles, for a charge whlch covers the cost of provldlng that Iralning or development. We have also developed a telephone advisory service, as an effective way of supportlng smaller projects. We balance providing services for some of the most vulnerable members of society. with making relevant products avallable to a wlder audience who could benefit but are not able to participate direcuy In projects either through their geographical location or level of disposable income. This has been welcomed by individuals and organisations who have responded positively. Our webslte and social media are our primary means of disseminating our ethos, techniques and resources as widely as possible. For example, In the past year, we had over 26,000 views of our guldance on Inclusive play, 14,500 vlews of our guldance on sensory garden design and over 234,000 views of our blog pages (a 200Qh increase). Page 2
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 We have seen a 470h increase in online web enquiries compared to 2022123. This is testsment to our growing web presence. popular blog and numerous articles in national magazines and joumals. Many of these enquiries have led to some form of consultancy or project work and we expect to see these numbers continue to rise into 2024125. Monitoring and evaluation a essential for us to gauge how our work is impacting people. We therefore build it into all our programmes of activity and have developed inclusive techniques to ensure people with communication challenges can participate independenlly rather than relying on someone else. This is strenglhened by our close working relationships with University of Exeter, European Centre for Environment and Human Health and evaluation specialists such as Artswell and Connect the Dots. Achlevements and Perfomiance Sensory Trust is based in Cornwall, with much of our research and pllot work grounded in the county. However, we are a national organisation bringing the results of our work to the whole of Ihe UK and intemationally through our website, consultancy and training. Our approach is lo pilot new work in the South West, leveraging our well-establlshed netrNorks of individuals and sites. This enables us to create and test new ideas which we then share nationally, often through collaboration with other organisations. By doing so we create tools and resources based on the real rather than assumed needs of the people we are aiming to benefit. Our work is themed under three headings. Make places accesslble This area of work responds to the reality that barriers to access prevent many people living with disability and health issues from using and engaging with the outdoors. Our work Includes Improving the accessibility of outdoor destinations, heritsge venues and nature sites. All aspects of accessibility are covered, from physical access and site design. through infonnalion and InterptatiOn, to education and policy issues. Sensory Trust Is now seen as a leading source of expertise in this area with much of our advice freely available through our website. We are also regularly commissioned by major environmental bodies. design practices, healthcare and educalion settings, and visitor destinations in the UK. 1.1 Deliver advice on access and Inclusive design Our work helps practitioners and communities improve accessibility of their sites. through tools, guidance and advice. We are skilled in identifying barriers to access in all types of greenspace, finding effective solutions and working with organisations to take on inclusive practice5. P#g¢ 3
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 In 2023 we launched the new national Outdoor Accesslblllty Guldance commlssloned by Paths for All In Scotland at two Outdoor Recreation Network conferences. This new gulde reflects the wider application of the Equality Act 2010 and is the key reference for managers and owners wanting to make greenspace inclusive to the widest range of people. We were also commissioned by Natural Resources Wales and Natural England to updale the By All Reasonable Means guidance. This brings the two natlon's guldes together into one document and aligns it with the new Outdoor ACssIbl11ty Guidance. New access-focused tralnlng packages were delivered to Natural Resources Wales, Natural England, London Wildlife Trust and Barnwood Trust. This training increased skills for environmental managers, policy advisors and visitor managers, including leamlng how to undertake access reviews of public rights of way. Several commisslons have sought advlce on Incluslve deslgn. In West Hendon we were commSssSoned by a design consortlum led by Arup and Includlng Tate and Co archltects lo advise on Barnet Council's urban regeneration project. Our role as part of the deslgn team is advising on Inclusive approaches to community engagement and design. Cledry Meadow In Cornwall commissioned an outllne deslgn to support a small communlty meadow developrnent. In Scotland, North East Flfe Community Hub in St Andrews commissioned us lo develop an oulline design strategy for a community nature space. Other commlsslons have focussed on access advlce. Thls has Included access revlews for Huntingdon District Council, Comwall Heritage Trust and Newquay Orchard; encompasslng urban parks, heritage sltes and community gardens. 1.2 Develop sensory4lch Interpretatlon to connect people wlth natural herltage This work opens heritsge to the widest audience, ensuring that people wlth disabilities can engage In meaningful and memorable ways. We concluded two signlficanl projects during the year, both funded by National Lottery Heritage Fund. The first, More Than Words. has opened natural heritage to new and wider audiences enabling everyone to engage regardless of age or ability. We have collaborated wilh 165 people with disabilities and long-temi health conditions, leading to the creation of 17 new pleces of sensory-rlch Interpretation and slx new pleces of acSsible infonmation for induslrial heritsge sites across Comwall. This has included sensory stories, sensory tralls and pre-vislt Infonmation In acSSible fomiats. Feedback includes: Page 4
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 'Really good to see those large print guldes, really really useful, Sight impaired visitor. '1 think it's really nice that theve thought about famllles like us, that there's information and the video and that, all the different ways of communicating about it, so it makes you feel welcome, Parent of son with additional needs. The project has been nationally recognised by the sector, with a commendation within the Engaglng People Awards from the Association of Herltage Interpretation, and highly commended for collaboratlon In the 2024 Comwall Heritage Awards. The second National Lottery Heritage Funded project, Language of Nature, has focused on brallle, Makaton, Widgit, British Sign Language (BSL) and Easy Read and the communities who use them, particularly people who are Dldeaf and hard of hearing, bllnd and partially sighled people and people with learning disabilities. Together, we explored the communlcallon barriers that typlcally Ilmlt opportunities to engage with nature and developed and tested new resources and techniques to create richer and more personally meanlngful experlences. Working with language specialists from the Unlverslty of Edinburgh and Widgit, led to the creation of 30 new nature-focused BSL signs and 139 biodiversity Widgit symbols. Expanding these vocabularies is key to enrlchlng people's connections with the environment. 207 Dldeaf, disabled and neurodivergent people partlclpated In workshops that opened up new experiences In natura, from plannlng and sowlng wlldflowers to plantlng trees. They worked wlth us to develop and test 101 new resources, ensurlng the best uptake when we shared them more widely. Examples Include tactile materials developed with blind and partially sighted children In Llvarpool; brallle tree trail guides lested with bllnd and partially sighted adults, and wildflower Widgit guides made with children with leaming disabllitles. We have also concluded our partnershlp as part of a three year Eu-funded project called PANCAKE, led by Friends of the Earth Malta. Slgn languages In many countries lack official signs for plants and nature-related words. Flngerspelling of scientific names can be long and laborious and result in many people ultlmately belng left out of Important discusslons. The PANCAKE project has been created to produce new sign language symbols for nature. Our work with the Deaf4ed Scottish Sensory Unit at Ihe University of Edinburgh has sat alongslde slmllar Inltiatlves In Malta, Italy and Spain. 1.3 Develop tools and guldance for practltloners We are experts in developing guidance and SOurCeS on inclusNe approaches to support the work of practitioners and help marginalised people engage more closely with nature and the outdoors. Page S
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 The development of tools such as the Access Chaln, and guidance such as By All Reasonable Means, are Important ways of sharlng our approach and encouraging more inclusive praCtIS in environmentsl design and management. Your Park Brlstol and Bath is a small young charlty focused on connecting communities with their local parks. In a pilot project funded by Natural England, we were commissioned lo advise on creating a community assessment tool which involved local people in reviewing their local parks. Following this successful pik)t we have been further commissioned to undertake more work and build on this relationship. We have written new natlonal guidance 'An Introduction to maklng sensory.rfch vlsltor experlences, targeted at those working in the heritage sector. The guidance details lools. lechniques and case studies of how to engage visitors in heritage sites and stories. We also delivered training to 219 people working and volunteering in heritage about making Incluslve and engaglng vlsltor experlences. This has Included Etruria Industrial Museum In Stoke, SS Great Brftsln In Bristol, The Box in Plymouth, Cornwall Heritsge Trust, Cornwall Museums Partnershlp, Natlonal Trust, Wildworks Theatre and Comwall's National Maritime Museum. Independent evaluation has demonstrated its susS in ralslng the skllls and confidence of people in welcoming a wider range of people to heritage sltes. 'It was just right for m& and has been a great help to getting me feeling inspired and energised to try my own sensory rich stories, both wlth the PMLD (profound and multiple learning disabilities) children l am working with next week, and with our visitors living with dementia. l am also inspired to run a sensory mapplng session with my colleagues to identify places around the gallery that we can indicate a sensory experience with markers., SS Great Britsin participant 'I've been deslgning and facllitatlng tralning and participalory workshops for decades and am often critical of myself and others, but this was one of Ihe best I've experienced well designed. well pltched and excellently delivered between Ihe two facllltstors., Partrcipant from the Potteries, Stoke We have also shared our expertise with practitloners Ihrough presentations and online advice sessions. Recipienls include the Landscape Institute. Wye Valley National Landscape, Strawberry Hill House and the Tower of London. These have varied from focus on inclusive greenspace design to welcoming visits from people livlng with dementia. Foster Incluslve communltles Sensory Trust has a strong reputation for its Incluslve and creative approach to working with communities and reconnecting marginalised disabled and older people with their local places and communities. Inclusive techniques make the process more engaging and Pag¢ 6
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 productive for all aUdIenS. 2.1 Increase particlpatlon of young pèople wlth dlsabllltles In nature4)ased Interests and activities This work focuses on young people with disabilities and health Issues, their parents. siblings and carers. The wellbeing benefits th8t children and young people gain from spending tlme outdoors can be partlcularly Important for chIldn wlth dlsabllities, but they typlcally have the least opportunities to engage. Feedback from families and teachers shows they need mor8 opportunities for their children. Many realise the irnportan of the outdoors but don't know how to facilitate thls. Children may have access to occasional outings to outdoor destinations but lack day-to-day opportunities to bring sustained health and developmental galns. We are working with special schools and young people who use Makaton, Wldglt, BSL and brallle through our Language of Nature project. Interactive sessions with Trees for Cities, London Involve exploring trees and woodlands wlth young Dldeaf people and young people with learning disabilities. Language of Nature is bringlng wildflower prepardtlon and plantlng Into two speclal schools in Comwall and one In Liverpool. We are creallng Widgit resources to support the practical processes of ground preparation and seed sowing. Each school now has a new wildflower area that they can use for monitoring and seed collection. 2.2 Increase partlclpatlon of older people wlth dèmentla In nature-based Interests and actlvltles Thls work focuses on engaging people living with dementia, Ihelr famllles and carers wlth nature and the outdoors, bringing significant health and soclal benefits. Thls reflects our ambition of building on our work that shows the effectiveness of our nature-based approach In helplng people develop coplng strategies and enhance their wellbeing. Our Creatlve Spaces programme has been supporting people living with dementia, families and carers, for over 15 years and is now widely known for its innovatlve, nalure- based approach to dementia care. It demonstrates how connectlons wlth nature and the outdoors can enhance the wellbeing and coping mechanisms of people living with d8mentla by Insplrlng new Interests and soclal connections and reducing Isolatlon and dependency. Provldlng on-the-ground support for people Ilving with dementia in their own homes continues to be a major focus. We have secured four years of support from the National Lottery Community Fund to continue our nine outdoor activity clubs. These meet regularly across Cornwall, inspiring socially isolated people livlng with dementia lo become more Page 7
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 active, meet others and take on new social activities as part of their daily lives. The groups ft)ster new Interests and build on partnershlps with artists. community groups and organisations, such as Tate St Ives, Leach Pottery, Falmouth University and Brickfield cic. 'This is feeding my soul. and dad's, 'The approach of the team at Sensory Trust is a stark contrasl to the medlcal teams that tend to dwell on loss of capabllities and future decline. The Sensory Trust allows J and I lo escape sadness and loss, and laugh. We have fun a precious gift at this limell, The groups are supported by a dedicated group of 32 volunteers. Supporting our volunteers wlth relevant tralnlng ensures they are skllled and confident lo support the groups and ensure we can conllnue to welcome new members. We concluded our role as co-Inv&stlgator In a major dementia-related research study led by Unlverslty of Exeler and funded by the Economlc and Social Research Councll. ENLniEN (extending active life for older people with cognitive impairment through Innovations In the visitor economy of the natural environment) Is a three year project lo Investigate what can be done to make outdoor places easler for older people Ilvlng wlth cognitive Impalmient (Including people with young-onset dementla) and Ihelr famSly members of all ages. Our contribution included advising on plans, activities and interview questions and providing links to our activSty groups. 2.3 Increase Intergeneratlonal opportunltles through nature4)ased Interests and actlvltles This area of work nurtures the skills and interests of older people in nature; whilst empowering young people to lake community action to support the environment. It forges relationshSps between Iwo generations who are often stigmatised and perceived to not understand each other. We have threaded intergeneratlonal actSvlty Into our Creative Spas groups, wlth one, In particular, linking a care home in Comwall with its three local schools. Other groups are partnering with local primary schools. The Box In Plymouth, Newlyn Art Gallery and Tamara Landscape Partnershlp lo explore themes such as what cllmate change means for coastal communities and restoring natu. Encourage and enable sensory engagement Sensory Trust works to ensure that people of all ages and abilities can acc8SS the health and social benefits that come from engaging with nalure and the outdoors. We use techniques such as sensory mapping and sensory-rich experiences to create engaglng, meaningful and memorable connections with nature and the outdoors. Page 8
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 3.1 Inspire nature engagernent and actlon for health and environmental benefits This reflects a growing team interest in 'completing the circle., not just connecting to nature but benefiting nature. This has been implicit in previous work but is now coming into focus with significant development during the year on a new inclusive cllmate action initiative. This has secured funding from the National Lottery Community Fund's Climate Action Fund and will launch in 2024125. Dlg Deeper is using nature exploration and discovery to support adults living with anxiety and depression. It is immersing people in the micro and hidden worlds of natu, for example by using digital microscopes to explore soil and water. Partlclpants gain tools and confidence to develop nature-based coping mechanisms and embed this into regular routines. This helps them regain self-esteem. form supportive networks and galn the Confiden to participate in community lrfe. '1 think I've become happier with people, where before the anxiety would take over and I'd go. I'm not doing that., To further prove the impact of this approach we have partnered with the University of Exeter on their application to the National Institute for Heamh and Care Research (NIHR) to undertake a Randomised Control Trial on nature-based social prescribing to support mental ill health. Work on this will begin in 2025 to provide more robust eviden on changes in mental health. loneliness and wellbeing. 3.2 Develop and share nature.based resourcesi guldance and tools This work involves developing, promoting and sharing new nature-based resources. Some a free and some for sale through our trading subsidiary, Orange Spiral Limited. Some are tsrgeted at specific audiences, while others are of broad appeal. All are designed to encourage people to engage with nature and the outdoors. Our resources put our philosophy Into practlce and Increase our reach, both in terms of beneficiaries and geography. They include the gofindit scavenger hunt card game, Sensory Trail Markers, and dementia-specific resources. New sensory resources developed during the year include tactile guides to trees and wildflowers, wildflower learning materials in Widgit, and nature-based curriculum malerials for Deaf children. We have also developed a tree trail uslng QR codes to Ilnk to films of trees. The films have BSL, audio, captions and images to make them as wide-reaching as possible. These have been tested in three site locations and we are exploring options for further development. Page 9
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 Selling resources generates unrestricted income, supporting our plans to diversify incom&. Our trading subsidiary, Orange Splral Limited (OSL), has now completed its seventh year of operation with an average turnover of £286k during this time. It is reaching markets across the UK, America, Europe and Australia. 3.3 Develop and dellver sensory deslgns Thls capStallses on our skills and experlence through the expanslon of our consultancy services. We deliver advlce and deslgns for green space and occaslonal bulldlng projects, ranging from cara homes to large capltal building projects. This includes our contlnued Involvement wlth The Hypatia Trust on the design of a new outdoor sensory space. This is part of the renovation of a heritage building and its botanlc garden into offices and communlty resource In Morrab Gardens, Cornwall. It Is funded by Heritsge Lottery and funds have been secured to support the construction phase and our own ongoing deslgn Input. Other new Sensory deslgn work has also been secured from Wildheart, a community landscape on the Isle of Wight, where we advised on community engagement and concept design. Towednack Parish Councll, Cornwall commlssloned us to undertake community engagement and concept deslgn for a communlty greenspace. We advised Malvern Hills Council on the development a sensory garden within thelr town park. SS Great Brltaln and the Royal West of Engl8nd.Academy, both Sn Brlstol, commlssloned us for the design and installation of sensory tralls with markers and accompanying booklets. We also advised National Trust on the potential of sensory tralls for sensory engagement around the wlder estate of Godolphin House In Cornwall. 'The trall gave a sense of purpose4rllllantl' Feedback from SSGB vlsltor Flnance revlew We continue to prloritise a sustsinable, financially robust business model, This includes hamesslng support from a dlverse range of funders and comblnlng multl-year agreements with funders such as the Natlonal Lottery alongslde shorter-tenn commltments for smaller- scale initiatives. We continue to minimise our overheads by maintaining effici8nt administrative systems. As with many voluntary organisations, our biggest challenge Is resourcing our core costs which relate to actlvltles such as promotion, advocacy and dissemination but, we have made excellent progress by applying full-cost recovery to our fundraising and building income through consultancy and trading. Page 10
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 Overall, our total income was £464.205 and our total expenditure £526,655 which resulted in a deficit of £62,450. This reflects the planned spend of designated funds, as detailed below. The trading subsidiary resilience designated fund protects the charity as it has a growing reliance on the trading income from Orange Spiral Limited, which is subject to variations in market trends and reliance on extemal sales routes (such as Amazon). This has reduced to £20k, which includes £21k spent In the current year to offset reduced trading Income and a transfer of £30k into the development deslgnated fund to reflect the expected level of tradlng Income for future years. The asset replacement designated fund has reduced by £3,058 during the year leaving £5,261 to provide for planned, future core investments. This includes small scale purchases such as computer upgrades and improvements to our office space. This fund will remain in place as d&preciation reduces the remaining amount over the next few years. The development designated fund has now been fully spent, as planned. to support the development of new projects and funding proposals. This has been critical during the year and enabled us to secure two new multi-year funding agreements focused on inclusive climate action. We have designated an additional £30k into this fund in recognition of the continued importance of this fund in planning for the future sustainability of Sensory Trust's work. Our dosing position of £409,435 includes unrestricted reserves of £405.438 alongside reslricted funds of £3,977. £350,177 remains as general fe reserves, which represents 9 months of our core operational costs. This meets our reserves policy to build and maintain reserrfes bebNeen 9 and 12 months of core operational costs. Thls allows a realistic timeframe for the charity to adapt to change and respond to crlses, particularfy important as we respond to increased demand for Ser41S, increased competition for funds and Increased costs of delivery. Plans for future periods Our strategic plan enables us to prioritlse and plan future work and development. This includes the following priorities for 2024125: 1. Make plaS acSsible Disseminate national guidance on improving access to public greenSpa and natural heritage. Promote new training packages to support service delivery. Develop new resources to support disabled people to engage with natural environment P8g¢ 11
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 2. Foster inclusive communtties Build on our intergenerational activity. Mainlain a focus on our regular outdoor activity groups to support people with dementia and carers. Engage young people with leaming disabilities and neurodivergen in making improvements lo their school grounds and demonstrate how they can take climate action. 3. Encourage and enable sensory engagement Launch our new focus on climate action especially working alongside Dldeaf and hard of hearing, blind and partially sighted and neurodivergent people. Build eviden on the role of nature in supporting people's mental health. Expand our range of nature-based resources for schools and famllies, including ones which are free and which generate income. We have also prioritised the following strategic enablers to help us strengthen the organisation: A. Communications Refresh our team tralnlng programme, Including building skllls Sn BSL, communlcatlons and climate change science. Strengthen our social media reach and impact to reach relevant sectors and beneficiaries. B. Monltoring and evaluation Build on our inclusive approach to evaluation by working in partnership wilh disability led evaluators. Share our inclusive approach to support the professional practi of others. Develop evaluation techniques to demonslrate the effectiveness of our new climate action programme. C. Financial sustainability Sustain a diverse income profile, securing new longer term funding and avoiding relian on single income streams. Maintain reserves to protect the organisation and allow growth. D. Devek)p trading, consultancy and training Grow unrestricted income and increase our reach through trading. Promote consultancy packages for sensory landscape design and inclusive visitor experien utilising team skills. Page 12
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 Develop new training packages utilising team expertise and building on sessions previously delivered through project activity. E. Ways of working Encourage staff to develop skills through training and networking. Facilitato development time to identify new trends and respond to identified needs. Structure, governance and management Governlng document The Sensory Trust is a registered charity (No. 1020670) and a Company Limited by Guarantee (No. 02811046). Recrultment and appolntment of new trustees Sensory Trust is governed by a board of trustees who are also directors of the company. New trustees are recruited and appointed by targeting a wide range of organisations and networks to maximise the chanS of recruiting people from a diverse range of abilities, backgrounds, age5 and circumstances. It is a baseline requirement for trustees to have personal or professional awareness of diversity issues. Induction and tralning of new trustees Induction training is provided for new trustees and further support and guidance is provided by existing trustees and staff members, parbcularly the director, company secretary and chair. Risk management The major risks to which the charity is exposed have been identified and a reviewed through a comprehensive risk assessment undertaken by staff and reported to trustees every four months. This covers governance, operations, legal, financial and &xtemal risks. We consistently monitor our own performanc& and keep abreast of best practice in the wider sector in order to ensure the organisation is identifying and addressing all risks. Remuneration of key management personnel remuneration working group is a sub-committee of the board comprising the chair, treasurer and up to two other trustees. Members of the senior management team attend in an advisory capacity. The worklng group make recommendations to the board regarding the remuneration of the director. They also undertake an annual review of pay scales, informed by benchmarking information and recommendations from the senior management team. Page 13
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 In the last year a 3 % cost of living IncaSe was implemented after consideration of inflation (as measurecl by the current retail prices index and the consumer prices index including owner-occupiers, housing costs), Unison recommendations and average increases in other similar charities. The pay ratio between the median salary and the most senior salary is 1:1.8 Reference and Adminltrative Details Registered Company number 02811046 (England and Wales) Registered Charlty number 1020670 Reglstered office ESAM 7 Carluddon Technology Park Carluddon ST AUSTELL Cornwall PL26 8WE Trustees Dr G Mantle Mr M Beck Mr M Page Ms K Mitchell Dr K E Braithwaite - Chair Mr C Phillips - Treasurer Prof R Garside Company Secretary Mrs V K G Hutchinson Independent Examlner James Pearce FCA TC Group The Old Carriage Works Moresk Road TRURO Cornwall TR1 1DG Page 14
Sensory Trust Report of the Trustees For the Year ended 31 March 2024 Approved by order of the board of trustees on its behalf by: . and slgned on Dr K E Bralthwaite - Trustee fabTe 15
Independent Examlnees Report to tho Trustèes of Sensory Trust I report to the trustees on my examlnation of the flnanclal statements Sensory Trust (Ihe charlty) for the year Énded 31Bt March 2024. Responslbllities and basis of report As the trustees of the charity (and also Its directors for the purposes of company law) you are responslble for the preparation of the financial statements In 8ccord8nce wilh the requlrements of th• Companles Act 2006 (the 2006 Act). Havlng sallsfied myself that the financlal statements of the charity are not reqUId lo ba audlted under Part 16 of the 2006 Act and are eligible for Independent ex8minalron. I report In respect of my examination of the charSty's financial slaterrEnts carrfed out under sectlon 145 of the Charllies Act 2011 (the 2011 Act). In carrying oul my examlnallon I have lollowed 811 the appllcabie Dlrectlons glven by the Ch8rlty Commlssion under secllon 145(5){b) of the 2011 ACL Independent exarnlnerfs statement I have CoMpted my examlnation. I confimi that no matters have come to my attention In connectlon wlth the examlnallon giving me cause to belleve that In any material respect: accounting records were not kept In respèct of the charlty as requlred by secllon 386 of the 2006 Act; or the financlal statements do nol accord wlth those records: or the financlal statements do not compty wlth the accounting requlrernents of Sectlon 396 of the 2006 Act other than any requlremènl that the 8ecounts glv8 a true and falr vlew whlch Is not a matter con$ldered as part of an Independent examlnation., or the financlal slatements have Th)1 b88n prepBred In accordance wlth the methods and prlnclples of the Statement of Recommended practi for accountlng and reportlng by charltl88 appllcable to charllles preparlng thelr accounts In accordance wlth the Fln8nclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no ¢oncems and hava come across no olher matters In c%)nnectlon wlth the examlnath)n to whlch attention should be drawn In thls report In order to enable a proper und6r81andlng of the flnanclal statements to be reached. Jam&s Pearce FCA TC Group The Old Carrlage Works Moresk Road TRURO Cornwall TR11DG Date.. Page 16
Sensory Trust Slatement of Flnanclal Actmtles For the Year Ended 31 March 2024 2024 Total funds 2023 Totsl funds unStrICted Restricted funds funds Notes Income and Endowments from Donations and legacies 30.461 30.461 29.916 Charltable actlvltles Advancement of education 77,188 292.291 389,479 383,980 Other tradlng acllvltles Investment Incorne 57.857 57,857 6.408 76,899 Total 171914 492 282 Expendlture on Charltabl8 actlvltlè• Advancement of educatlon 178 505 526 655 503 994 Net Incomel{Expendlture) Transfers bètwaen fund$ 16,591) 60 468) (55,859) (62.450) (11.712) 18 N•1 movèmont In fund8 (67,059) 4,609 (62,450) (11,712) Reconclllatlon ol Funds Totsl funds brought foThvard 472,497 (612> 471,885 483.597 Total Funds C•rrfed Fornard 405 438 409 435 471.885 The notes forni part of these finanri41 sta¢¢menl$ Page 17
Sensory Trust Balance Shèet 31 March 2024 2024 Total funds 2023 Total fvnds Unrestrlcted Restricted funds funds Notes Flxed Assets Intangible assets Tangible assets Investments 13 14 15 482 5.232 1.383 12 1.395 1,384 12 1,396 5,715 Current A888ts Debtors Cash at bank 16 50.353 359.812 68,419 53,413) 118,772 306 399 100,538 392 248 410.165 15,006 425.171 492,786 Credltors Amounts falllng due wlthln one year 17 (6,111) (11,021) (17,132) (26,616) Nat Current Asset81(Llabllltles) 408 039 Total Asset8 Less Current Llabllltles 405,438 3.997 409,435 471,885 Net A88•t• 409 435 471885 Funds Unrestrlcted funds Reslrlcted funds 18 405,438 472,497 Total Fund• 409 435 471885 The charftable company Is enlltled to exemption Irom audlt under Section 477 of the Companle3 Act 2006 for Ihe year ended 31 March 2024. The members have not requlred the company to obtaln an audlt of Its fjnancEal 8tstsm8nts for the year ended 31 March 2024 In accordance wlth Section 476 ot the Companies Act 2006. The trustees acknowledge thelr responslblliilès for (o) 8nsurlng that the ch8Atabl& company kéeps 8ccounting records Ihat comply wlth Sectlons 386 and 387 of the Companles Act 2006 and (b) preparlng financial statèments whl¢h glvé a true and falr v16w of the stats of aff81rs of the charitabl8 company as al the end of each financlal year and of ils surplus or deficlt for each financial year In accordance wlth the fvqulrements of Secllons 394 and 395 and which olherwis8 comply wlth thg requirements of the Companles Act 2006 reEaling lo financial statements, so far as applicable to the charitable company. The notes forni part of these financial ststements Page 18 continued..
Sensory Trust Balanco Sheet- contlnued 31 March 2024 These financial statements have been prepared in accordance wth the provisions 8ppIic2ble to charitable companies subject lo the Small companies regime. The financial statements were approved by Ihe Board of Trustees and aulhorised for issue on and were signed on ils behalf by= Cir K E Braithwai18- Trustee TliL Iioic'% fi)rin pafl of IhLSC finli niial stsiemeiiis
Sen80ry Trust Cash Flow Statement For the Year ended 31 March 2024 2024 2023 Nolés Cash flow8 from operatlng actlvltlés Cash generated from operations g2.258) 50,120 Net cash (used in)Iprovlded by op&rating actfvities Cash flow8 from Investlng actlvltlo8 Purchas8 of tsngible fixed assets Interest rec9ived (2,975) Net cash provided byl(used In} Snvestlng activitles Change In ¢ash and cash equlvalent8 In the reportlng perlod Cash and Cosh aqulvalents at thè boglnnlng of the reportlng perlod (85,850) 48,e33 392 249 Cash and eagh equlvalonl8 at the end of the reportlng perlod 306 400 392 248 The notes forni part of these financi¥41 statements Page 20
Sansory Trust Notes to the Cash Flow Statsmont For the Year Ended 31 March 2024 Reconclllatlon of Not Exp6nditure to Net cash Flow from Oporatlng Actlvltles 2024 2023 Net èxpèndlture for Ihe reportlng rItsd (as per the Statement of Flnanclal Aetlvltlos) Adjustments for". Depreclalion charges Interest receivèd (IncaSe)1deerea$e In debtors Oecre8s8 In credllors (62.4501 (11.712) 4,318 (6.408) (18,235) 9,223 (1.487) 59,323 Net ¢agh (u80d In)Iprovlded by operatlons Analysls of Change• In Nét Fund8 At 114123 Cash flow Al 3113124 N&t ¢a•h Cash at bank 392.249 306 400 392 249 306 400 Total 392 249 306 400 The note$ form of thes¢ financial st4t¢menl$ Page 21
Sensory Trust Notes to the Flnanclal Stalements For the Year Ended 31 March 2024 Accountlng Pollcles Basls of preparfng the flnanelal statements The flnanclal ststernents of the charllable company. vthlch is a public b6nefit entlty under FRS 102, have been prepsred In accordance wlth Ihe Charltles SORP (FRS 102) 'Accounting and R8POrtlng by Charities: Statemenl of Recommended Praclice appllcablo to charities preparfng théir accounts In a¢¢ordance with the Financlal Reportlng Standard 8pplicabl8 in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)., Flnancial Reporting Standard 102 The Financial Reporting Standard applicable In the UK 8nd Republic of Ireland, and the Compantes Act 2006. The financlal statements have been prepared under the historical cost convention. wllh the exception of Investments whlch are InCILed at market value. Income All income Is recognised In th6 Statèment of Flnanclal Actfvitles once the charfty has entitlement to the fuftds,11 Is probable that the Income will be recelved and the amount can be m8asured rellabty. Expendltur• Llabllllies are renIsed as expenditum as Soon 85 there Is a legal or constructive oblkJation commlltlng the charlty to that expendllure. It Is probable that a transfer of economlc benefits wlll be requlred In settlement and the 8mount of the obllgatlon can be measured rellably. ExpendSture Is accounted for on an accruals basis and has been classlfied under headlngs that aggregate all cost relaled to the category. Where costs cannot be directly attributed to particular heading3 they have been allocated to activllies on a basls conslstent wllh the use of resources. Wobslte doveloprngnt cost8 Th8 Cost of developlng the charlty's webslts Is recognlsed as an Intsnglble asset gnd the expendlture Is released to the Ststement of Flnanclal Actlvltles evenly over a perlod of four years. Tonglble flxed assets Deprecl8llon Is provlded 81 the followlng annual rates In order to write off each asset over Its estimated useful life. Flxlures and fittings Computer equlpmenl 200A on cost 330h on co8t Taxallon The charlty Is exempt from wrporatlon lax on118 charftable actlvltles. Fund accounllng Unrestrlcled funds can be used In accordance wllh the ¢haflt8ble objectfves at the dlscretlon of the twstees. Restrlcted funds can only be used for parlcular reslrfcted purposes wlthln Ihe objects of the charlty. R6slrlctlons arlse when spectfied ty the donor or when funds are ralsed for partlcular restrlcted purposes. Further explanatlon of the nature and purpose ol each fund Is Included In th8 notes to the flnanclal stalemenls. Penslon costs and other pOStetIreMent benefits The charitable company operates a defined contributlon penslon scheme. Contributions payable to the charltsble company's penspjn scheme are charged to tho Statsment of Flnanclal Actlvltles In the perlod to which they relate. Page 22 Continued...
86nsory Trust Notes to tho Flnanclal Slatemonts - eontlnued For the Year Ended 31 March 2024 Donatlons and Legacles 2024 2023 Donations Donations from related company 2.282 28.179 4.284 Other Tradlng Actlvltles 2024 2023 Consultancy Other Income 55.857 74.899 2.000 Investment Incomg 2024 2023 Deposlt account Inlere$t 1.487 In¢omo from Charltable A¢tlvltl•$ 2024 2023 A¢tlvty Grants Advancement of education Conference$ and tralnlro Advancement of education 349.706 374.525 369 479 383 980 Grants recelved. Included In the above. are as follows: 2024 2023 Bally Thomas Charitable Fund Comwall Cornmunlty Foundailon D'oyly Carte Charltable Trust Duke of Cornwaifs Benavolent Fund Carew Pole Ch8rilable Trust BCH 1971 Charitable Trust Elmgrant Trust The Natlonal Lottery Heritage Fund Thè Nineveh Charitable Twst Asda Foundatlon ERASMUS Dunhlll mlc8[ Trust EcormIC and Soclal Research Councll Postcode LcKal Tmst Nalional Lottery Communlty Fund- Reachlng Communltles Tesco Communlty Fund Actlve Comwall Norman Family Charitable Trust 5.000 17.500 5,000 2.000 1,000 1.000 500 181.685 197,452 4,000 592 10,065 17,225 6.367 10,000 17.5S6 49,772 1.000 2.298 6,972 62,609 1.600 Carrled forward 285,190 317,903 Page 23 continue(L..
Sensory Trust Notss to the Flnanclal Statements - contlnued For the Year Ended 31 March 2024 Income from Charltable Actlvltles - conllnued 2024 2023 Brought for&vard Clare Milne Trust Artswell Awards For All Heeln Foundation Comwafi Voluntsry Sector Forum McLay Dementia Trust Garfield Weston Foundatlon 285.190 317.903 12.206 2.000 10.000 30.516 1,900 30.516 1.900 9,000 349.706 374.525 Charltsble Actlvltlos Costs Direct Costs (see noté 7) Support costs (see note 8) Totsls Advancement of education 486,487 40.168 526.655 Dlreet Costs of Charftable Acttvltles 2024 2023 Staff costs Promotion and dissemination staff travel Project materials and events Training staff private medical expenses Recruitment Evaluatlon Beneficiary expenses 390,364 3,605 12.918 61.458 1.003 2.589 330 T.907 6.313 381.030 5,717 16.714 38.008 2.846 4.171 914 3,000 486,487 459,616 Support Costs Governance costs Finance Other Totsls Advancement of oducation 613 29,991 9,564 40.188 Pag¢ 24 continued..
Sensory Trust Notes to tho Flnanclal Slatements - contlnued For the Year Ended 31 March 2024 Support Costs - contlnued Support costs, included Sn Ihe above, are 88 follows: 2024 Advancèment 2023 Total activities education Bank charge8 Insurance Postage. statlonery and phone Rent Amortisation of Inlangible fixed assets Depreciation of tanglble fixed assets Accountancy and 18gal fees Bookkeeplng leos 613 3,505 14,665 7.503 482 3,836 3.483 605 3,385 15.713 7.030 3,537 5,686 3.168 Net Incomel(Expondltur•) Nel Incomel(expendlture)18 8tated after charglngl(credltlng): 2024 2023 Depreclatlon - owned asset8 Website amortls8llon 3.837 482 5,687 10. Trustee8' Remunoratlon and Benollls There were no trustees, remuneradon or other benefits for the year ended 31 March 2024 nor for the year end8d 31 March 2023. Trugleo5' oxpensos There have beèn tr8vel expenses of £899 pald to the trustees throughout the year (2023: £2.191). 11. Slaff Co•t• 2024 2023 Wages and 8alarles Social security costs Other penslon costs 333.695 27.268 335.859 28.900 390 364 381 030 The overage monlhly number of employees during the year vms as follows.. 2Q24 12 2023 13 Staff No employees received emoluments In excess of £60,000. Pag¢ 25 continued...
Sensory Trnsl Noteg to the Flnanelal Statement8 - contlnu For the Year Ended 31 March 2024 12. Comparatlves wlth 2022r23 Unrestricted Restricted funds funds Tolal funds Income and Endowments from Donations and legacies 29.916 29,916 Charltable actlvltles Advanment of educatron 41.872 342.108 383,980 Other trading activities Investment income 76,899 1,4B7 76,899 1,487 Total 150,174 342.108 492.282 Expèndlturè on Charitable actlvltles Advancement of educatlon 175,875 328 119 503,994 Net Incomel(Expendlture) (25,701) 13.989 (11.712) Recon¢lllatlon of Funds Total funds brought fOard 498.198 (14,601) 483.597 Total Funds Carried Forward 472 497 471885 13. Intanglblo Fixed Assets Wèbsite Cost At 1 April 2023 and 31 March 2024 Amortlsatlon At 1 April 2023 Charge for year 13,665 482 At 31 March 2024 Not Book Value At 31 March 2024 At 31 March 2023 482 Page 26 continued...
Sensory Trust Notes to the Flnanclal Statements - contlnuod For the Year Ended 31 March 2024 14. Tanglble Flxed Assots Flxlures and fittings Computer equlpmenl Totals Cost At 1 Aprll 2023 and 31 March 2024 22,318 Doproelatlon At 1 April 2023 Charge for year 930 310 18,156 3,527 17.086 3.837 At 31 March 2024 1,240 19.683 Net Book Value At 31 March 2024 310 1.085 1.395 At 31 March 2023 820 15. Flxgd A8JOt8 Inv08tmont8 Shares In group undertaklngs Market Value At 1 Aprll 2023 and 31 March 2024 Net Book Value At 31 March 2024 At 31 March 2023 There were no Investment assets outslde the UK. The ¢ompany'8 Investments at the balance 8heet date In the 8hare c8pltal of companles Include the followlng: Orange Spiral Llmlted was Incorporated on the 16th February 2017 wlth the obJect of expandlng trading activllie8 of the Trust, wlth effect from the 1 Aprll 2017. 16. Debtor8: Amounts Falllng Duo wlthln One Year 2024 2023 Trade deblors Other debtors Prepaym8nt$ and 8rKrued Irwm8 91,379 26,762 631 73.769 24.211 118772 100 538 P48e 27 continued...
Sensory Trust Notss to the Flnanclal Statements - contlnued For the Year Ended 31 March 2024 17. Credltors: Amounts Falllng Due wlthln One Year 2024 2023 Trade creditors Social securlty and other taxes Accruats and incorne in advance 5.558 7.881 3.693 10,342 7.416 8.858 26.616 Movement In Funds Net movement In funds Trdnsfe between funds At 3113124 Al 114123 Unrestricted funds General fund Trading subsrdiary resifience fund Asset replacement fund Devebpment Fund 359,500 71.000 8.319 (3.533) (5.790) (51.000) 350.177 20.000 5.261 (3.058) 472,497 (6,591) (60,468) 405,438 Restrlcted funds Creative Spaces More Than Words Language of Nature PANCAKE Dig Deeper (593) (10.352) 2.804 (3,111) (5,424) (13.611) (15.142) {859) 6.017 23.963 12.338 3.970 612 TOTAL FUNDS 471.885 62,450) 409,435 Net movemènt in funds. included in the atjove are as follows: Incomlng resources Resources expended Movement In furKIs Unreslrlcted funds General fund Asset replacement fund Devetopment Fund 170,014 (173,547) (3.058) (3,533) (3,058) 171.914 (178.505) (6.591) Restricted tunds Crealive Spaces More Than Words Language of Nature PANGAKE Dig Deeper 84.867 57.700 139,752 5,972 4.000 (90291) (71.311) (154.894} (6.831) 24.823) (5.424) (13,611) (15.142) (859) 20,823) 292 291 55.859 TOTAL FUNDS 464.205. (526,655) 62.450) Pag¢ 28 ontinued..
Sensory Tru81 Notes to the Flnanelal Ststement8 - ¢ontlnu•d For the Year Ended 31 March 2024 18. Movements In Funds- ¢ontlnued Comparatlves for movement In funds Net movèment In funds Transfers between lunds At 3113123 At 114122 Unra8lrlcted funds General fund Trading 8ubsldiary reslllenc6 fund Asset replacement fund Developmenl Fund 370.433 71.000 11,375 (22,6451 11,712 359.500 71,000 8.319 (3.056) 11 712) 498,198 (25.701) 472.497 Roglrlctgd funds Creative Spaces More Than Words Lenguage of Nature PANCAKE Dig Deeper 12,348 13,928) (16,801) (6.420) {12,941) (6.424) 19,405 3,309 (593) (10,352) 2.804 (3,111) 10.640 Total Fund8 483 597 11712) 471,885 Compar8tNe net movement In funds. Sncluded Sn the above are as follows: Incomlng resources Rèsources expended Movement In funds Unrnstrlctod funds General fund Asset replacement fund Oevelopment Fund 148,274 (170,919) 13.056) (22,645) (3,058) 150,174 (175.875> (25,701) Restrl¢ted funds Creatlve Spaces More Than Words Language of Nature PANCAKE Dlg Deeper 78,935 75,037 131.354 17,225 (91.876) (81,461) (111,949) (13,9161 28 917) (12,941) (6.424) 19,405 3,309 (328 119 TOTAL FUNDS 492 282 (503,994) 11.712) Page 29 continued...
Sensory Trusl Notes to thè Flnanclal Slatements - contlnued For the Year Ended 31 March 2024 18. Movement In Funds - conllnued A current year and prlor year ¢omblned posltlon is as follows: Net movement In funds Transfers between lunds At 31r3124 At 114122 Unre8trlcted funds General fund Trading subsldlary re5111ence fund Asset replacement lund Development Fund 370.433 71.000 11.375 (26.178) 5,922 (51,000) 350.177 20,000 5.261 (6.114) 498.198 (32,292) (60,468) 405.438 Restrlcled funds Creallve Spaces More Than Words Language of Nalure PANCAKE Dlg Dèéper 12,348 (3,928) {16,601) (6,420) (18.385) (20,035) 4,263 2.450 10 183) 6,017 23.963 12.338 3.970 Total Funds 483,597 74 162) 409 435 A current year and prlor year comblned net movement In funds, Included In the above are as follows: Incomlng resources Resources expended Movement In funds Unrostrfctod funds General fund Asset replacement fund Development Fund 318,288 {344,466) (6.114) (26,178) (6.114) 322,088 (354.380) (32.292) Restrlcted funds Creallve Spaces Moro Than Words LÉngu8ge of Nature PANCAKE Dlg Deeper 163.802 132.737 271.106 23,197 (182,167) (152,772) (266,843) (20.747) 53 740) (18,365) (20,035) 4263 2,450 10 183) 634.399 (6T6.266 Total Fund8 956.487 (1.030 649) 74 162) Pag¢ 30 ntinued...
sénsory Trust Notes to the Flnanclal Statements - conllnued For the Year Ended 31 March 2024 19. Related Party Dlsclosures During the year the charty recharged an amount of £2,000 (2023: £2,000) to Its whol* owned tradlng subsidiary Orange Splral Limited In respect of overheads incurred on Its behalf. The subsidiary made a gift ald donation of £28,179 (2023: £25.632) to the charity. An amount of £26,762 (2023: £24.215) was included in Debtors at the year end. 20. Purpose of Restrlcted Funds Creatlvo Spa¢es: Creating opportunities for older people with dementia and their rerS to improve thelr environments. Strengthen thelr communities and play a more active part in society. Mor¢ Than Words: Making heritage awsible through c4)4esigned, sensory-rlch. Sn¢luslve Inlerpretation. Language of Nature: Creating new language-based resources uslng Makaton, bra1118, Wldgit, Brlttsh Slgn Language and Easy English to connect a wider range of people with nature. PANCAKE: Working wlth Dldeaf communities to develop slgn language supportlng greater engagement with n21ure. Dig Deeper.. T8klng a deep dlve Into nature to support people livlng with anxiety and depression. Page31
Sensory Tru81 Detallèd Statement of Flnanclal Actfvltles For the Year Ended 31 March 2024 2024 2023 Income and Endowments Donation5 and legacle3 Donations Donation5 from related company 2.282 28.179 4.284 25,632 30,461 29,916 Other tradlng activltles Consultancy Other inrne 55,857 2,000 74,899 57,857 76,899 Investment Income Deposit account interest 6,408 1,487 Charitablo activltlès Grants Conferences and trainlng 349,706 19.773 374,525 9,455 369 479 383.980 Total Incomlng re3oureeg 464.205 492,282 Expondlturo Charltable actlvltleg Wages Soclal securtty Pensions Promotion and disseminatlon Staff travel Project materials and evenls Training Staff prNate medical expenses Recruitment Evaluation Beneficiary expènses 333,695 27,268 29.401 3,604 19,231 61.458 1,003 2.589 330 7.908 335,859 28,900 16,271 5.717 16,714 38,008 2.846 4,171 914 3.000 7.216 486,487 459,616 Support costs Flnance Bank charges 613 605 Other Insurance Carried forward 3.505 3.505 3.385 3.385 Thi5 page does not forni part of the statutory financial statements Page 32
Sensory Trust Detalled Statement of Flnan¢lal Actlvltlts For the Year Ended 31 March 2024 2024 2023 other Brought fojward Postage, stationery and phone Rent Amortisation of website costs Depreciation of fixtures and fittings Depreciation of computer equlpment 3,505 14,665 7,503 482 310 3.526 3,385 15,713 7.030 3,537 310 29.991 35.351 GovernanGe costs Accountancy and legal fees Bookkeeping fees 3.483 6,081 3,168 5,254 9.564 Total resources expended 526,655 503,994 Net expendlture 62,450) 11,712) This page doe$ not forn part of the Slatutory financial 5¢atements Page 33