## **Friends of Oak Lodge School for Deaf Young People Limited Regisered No 02987270**
## **Directors Report and Unaudited Accounts**
**31st March 2022**
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**Friends of Oak Lodge School for Deaf Young People Limited Company Secretary** Ms Laura Graham **Registered Address** c/o Oak Lodge School 10 Nightingale Lane London SW12 8NA **Accountants** I K Sethia FCA 6 Arundel Road Sutton Surrey SM2 7AD
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## **FRIENDS OF OAK LODGE SCHOOL FOR DEAF YOUNG PEOPLE LIMITED**
Formerly known as: The Nightingale Gateway Limited)
(A Company Limited by Guarantee, Registration 02987270) Registered Address - 101 Nightingale Lane, London, SW12 8NA Directors - Desmond Jarrett, Kate Clanchy, Ben Lakey
## **REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The Directors and Trustees present their Report with Financial Statements of the Company for the year ended 31
## **OBJECTS OF THE CHARITY, PRINCIPAL ACTIVITIES, AND ORGANISATION OF OUR WORK**
The Charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and a
The company objectives are ‘to advance or assist in the advancement of education and training of deaf and heari the provision of facilities not normally provided from statutory funds and for such other charitable purpose as the tr
We execute the objectives by:
- supporting education, training, career development and assisting efforts to find employment of deaf and hearing
- supporting education, training, career development and assisting efforts to find employment of deaf and hearing
- enabling opportunities for professionals and volunteers to work with deaf/hearing-impaired people of all ages;
- providing funding to improve education facilities at Oak Lodge School and Deaf First;
- seeking ways for inclusion in the community through a range of events and activities.
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Individual Trustees take a close personal and active interest as required in various specific activities. Outside the w closely involved with those professionals providing services to deaf/hearing-impaired persons, so that they have fir and the Officers did not request or receive any reimbursement for personal expenses incurred, or any other form o
## **ACTIVITIES, ACHIEVEMENTS AND DEVELOPMENTS THIS YEAR**
After two years of disruption due to Covid, the Charity resumed several much needed improvements to the School
## **Residential Accommodation Refurbishment**
The Charity submitted an application to the Wolfson Foundation seeking funds for the refurbishment of a unused w successful and the Wolfson Foundation granted £25,000. The Charity donated £10,000 from its own reserves tow adding further bedrooms and new bathrooms, including an ensuite room able to be used by any student with limite
## **Gym Refurbishment**
The Charity is grateful to the Co-op Stores Local Charities initiative for the inclusion of the Charity in this worthwhile customers who link their spend to the Friends Charity. The money raised has helped to update equipment for the
## **Student Welfare Support**
The Trustees meet with the School leadership to seek ways in which the Charity could support the welfare and lea seeking help for students in the residential wing who needed financial support to ‘personalise’ their study bedroom disadvantaged students and donated £1,000 which will be earmarked for this purpose. Administration and allocat and school Welfare team.
Changes in Directors during the year are shown at the start of this report. The Charity continues to seek Trustees w
The Trustees consider that the performance of the Charity during the year has been satisfactory.
## **TRANSACTIONS AND FINANCIAL POSITION**
We consider that the financial position of the Charity is satisfactory. It is the policy of the Trustees that no expendit raised and paid into the Bank.
These financial statements have been prepared in accordance with the special provisions of Part XV of the Compa Financial Reporting Standards for Smaller Entities (effective April 2008).
## **ON BEHALF OF THE BOARD**
…………………………………… DESMOND JARRETT CHAIR OF TRUSTEES
09 DEC 2022
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Chartered Accountant's report to the board of directors on the preparation of the unaudited statutory accounts of Friends of Oak Lodge School for Deaf Young People Limited for the year end 31
In order to assist you to fulfil your duties under the Companies act 2006, I have prepared for your appro the accounts of The Friends of Oak Lodge School for Deaf Young People Limited for the period ended which comprise of Financial Activities, Balance Sheet and Notes to the Accounts, from the company’s a records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am the ethical and other professional requirements which are detailed at icaew.com/membershandbook.
My work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
Indra K. Sethia FCA Chartered Accountant 6 Arundel Road Cheam, Sutton Surrey SM2 7AD
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March 2022
oval 31 March 2022, ccounting subject to
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## **Friends of Oak Lodge School for Deaf Young People Limited**
## **Statement of Financial Activities for the Year Ended 31 March 2022**
|**for the Year Ended 31 March 2022**
**Statement of Financial Activities**
**Friends of Oak Lodge School for Deaf Young People Limited**|**for the Year Ended 31 March 2022**
**Statement of Financial Activities**
**Friends of Oak Lodge School for Deaf Young People Limited**|**for the Year Ended 31 March 2022**
**Statement of Financial Activities**
**Friends of Oak Lodge School for Deaf Young People Limited**|**for the Year Ended 31 March 2022**
**Statement of Financial Activities**
**Friends of Oak Lodge School for Deaf Young People Limited**|**for the Year Ended 31 March 2022**
**Statement of Financial Activities**
**Friends of Oak Lodge School for Deaf Young People Limited**|
|---|---|---|---|---|
|**Notes**
**INCOMING RESOURCES**
**Funds generated**
**Donations income**
**5**
**Fund Raising Activities**
**Investment income**
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Grants made**
**Governance costs**
**Other resources expended**
**Trustee Renumeration**
4
**NET (DEFICIT) INCOMING RESOURCES**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Funds**
£
26,667
5
26,672
37,486
313
4
0
37,802
(11,130)
49,529
38,399|**Restricted**
**Funds**
£
0
0
0
0|**31/03/2022**
**Total**
**Funds**
**£**
**26,667**
**0**
**5**
**26,672**
**37,486**
**313**
**4**
**0**
**37,802**
**(11,130)**
**49,529**
**38,399**|31/03/2021
Total
Funds
£
6,703
0
15|
|||||6,718
6,500
313
4
0|
|||||6,817
(99)
49,628|
|||||49,529|
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## **Friends of Oak Lodge School for Deaf Young People Limited**
**Balance Sheet as at 31 March 2022**
|||||**2022**|**2021**|
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|**Funds**|
||**Notes**|||**£**|**£**|
|**FIXED ASSETS**||||||
|Tangible Assets||0|0|0|0|
|**CURRENT ASSETS**||||||
|Cash at Bank||32,610|6,102|38,712|49,855|
|**LESS: CREDITORS**||||||
|Amounts falling due within one year|3|313|0|313|613|
|**NET CURRENT ASSETS**||**32,297**|**6,102**|38,399|**49,242**|
|**NET ASSETS**||**32,297**|**6,102**|38,399|**49,242**|
|**Representing**||||||
|Restricted funds||0|6,102|6,102|6,102|
|Unrestricted funds||32,297||32,297|43,140|
|||**32,297 **|**6,102 **|**38,399**|**49,242**|
These accounts have been prepared in accordance with the micro - entity provisions applicable to compan subject to the small companies regime of the Companies Act 2006
For the year ended 31st March 2022, the company was entitled to exemption under S477 of the Companie Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with S476 of the Companie Act 2006
The directors acknowledge their responsibilities for complying with the provisions of the Companies Act 200 with respect to accounting records and the preparation of accounts.
## Aproved by the Board on ……………09/12/2022
******************
DESMOND JARRETT CHAIR OF TRUSTEES
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## **Friends of Oak Lodge School for Deaf Young People Limited Detailed Profit and Loss Account For Year Ended 31st March 2022**
|**For Year Ended 31st March 2022**
**Detailed Profit and Loss Account**
**Friends of Oak Lodge School for Deaf Young People Limited**|**For Year Ended 31st March 2022**
**Detailed Profit and Loss Account**
**Friends of Oak Lodge School for Deaf Young People Limited**|**For Year Ended 31st March 2022**
**Detailed Profit and Loss Account**
**Friends of Oak Lodge School for Deaf Young People Limited**|**For Year Ended 31st March 2022**
**Detailed Profit and Loss Account**
**Friends of Oak Lodge School for Deaf Young People Limited**|**For Year Ended 31st March 2022**
**Detailed Profit and Loss Account**
**Friends of Oak Lodge School for Deaf Young People Limited**|
|---|---|---|---|---|
|**2022**
**Income**
£
Fund Raising Events And Donations
Bank Interest Received
**Total Funds Generated**
**Deduct: Expenditure**
**Grants Made**
37,486
Governance Costs
Accountancy Fees
300
Other Resources Expended
Bank Charges
4
Sundry Expenses
13
Depreciation of Tangible Fixed Assets
-
**Net surplus (deficit) for the Year**|**2022**|**(For Management Only)**
**2022**
**2021**
£
£
26,667
5
26,672
6,500
300
4
-
37,802
**(11,130)**|**2021**
£
6,403
15|**2021**|
||||6,418||
||||6,804||
||||**(386)**||
||||||
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## **Friends of Oak Lodge School for Deaf Young People Limited Notes to the Accounts - Year Ended 31st March 2022**
## 1 **Accounting Policies**
## **Accounting Conventions**
Tha accounts have been prepared under the historic cost convention and in accordance with FRS 105, The Financial Reporting Standard applicable in the UK, as applied to small entitiies by S1A of the stand
## **Tangible Fixed assets**
Depreciation is provided in order to write off each asset over its estimated useful lifeEquipment at 25%
## **Taxation**
The charity is exempt from Corporation Tax on its charitable activities
## **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretiom of the trustees
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes
|2 **Tangible Fixed Assets**
**Cost**at 1st April 2021
Additions in Year
**As at 31st March 2022**
**Depreciation**at 1st April 2021
Charge for Year
**As at 31st March 2022**
**Net Book Value**
**As at 31st March 2022**
As at 31st March 2021
**Depreciation is included under 'Other Resources Expended'**
3 **Creditors: Amounts falling due within One Year**
**Accrued Expenses b/fwd**
**Accounting fee 2020/21**
**Accounting fee 2021/22**
**Submission fee**
4 **Trustees Remuneration and Benefits**
5 **Donations Received**
**During the year the following donations were received:**
**The Wolfson Foundation**
25,000|**2022**
**2021**
10,541
10,541
0
0
10,541
10,541
10,541
10,385
0
156
10,541
10,541
0
0
**Equipment**|**2022**
**2021**
10,541
10,541
0
0
10,541
10,541
10,541
10,385
0
156
10,541
10,541
0
0
**Equipment**|**2022**
**2021**
10,541
10,541
0
0
10,541
10,541
10,541
10,385
0
156
10,541
10,541
0
0
**Equipment**|
|---|---|---|---|
|||0|0|
|||**2022**
300
13|**2021**|
||||313
300|
|||313
Nil|613
Nil|
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**Coop** 1,011 **Sundry** 656 **26,667**
**These were not restricted, and have been credited to general funds**
- 6 **Share Capital**
**The company is limited by guarantee**
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