CENTRE OF SIGN-SIGHT-SOUND Y GANOLFAN ARWYDDO-GOLWG-SAIN Ic Trustee's Annual Report incorporating the Directorfs report and Financial Statements for the year ended 31 March 2024 Company Limited by Guarantee No.2959589 Registered Charity No. 1048017 Contents Legal and Administratlve Report Page 3 Structure, Governance and Management Page 4 Organisational Structure Page 5 Objettives and Attivities Page 6 Achievements and Performance Page 7 Finance Page 9 Independent Examiners Report Page 13 Balance Sheet Page 14 Statement of Financlal Activities Page 15 Statement of Cash Flov Page 16 Note5 to the Financial statements Pages 17-25 Legal and Administrative Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024 The Trustees, who are also dirertors of the charity forthe purposes of the Companies Act 2006, present their report with the financial statements of the charity forthe year ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice1SORPI 'Accounting and Reporting by Charitles,. Reference and Admlnlstratlve Information Registered Company number: 2959589 (England and Wales) Registered Charity number: 1048017 Registered Office 77 Conway Road Colwyn Bay .Conwy LL29 7LN Trustees/Directors lain de Wit (reslgned 23/02/2024} Christine Jones Elizabeth Steele Dawn Sommerlad (resigned 20/0312024) Ashleyjames {Appolnted 13/03/2024) Vittoria Parker {Appointed 0510412024) Company Secretary Mr. S G Shutler CEO Sarah Thomas Accountants Aston Hughes & Co Chartered Accountants and Statutory Auditors Selby Towers 20 Princes Drive Colwyn Bay, Conwy. LL29 8PE Bankers National Westminster Bank, 247 High Street, Bangor, Gwynedd. LL57 IRW Trustee Report incorporating Directorfs Report Structure, Governance and Management Governing Document The Association was incorporated on 17 August 1994 as a company Ilmited by guarantee, wlth a company registration number of 2959589 and has no share capital. The liability of each member in the event of winding up is limited to £1. The Association is registered with the Charity Commission. The registered charity number is 1048017.The governing document of the Association is the Memorandum and Articles of Association, thi5 was last amended at the Extraordinary General Meeting held on the 12 April 2024. The objects of the chority ore.. "The relief of people who are deaf, blind, suffer visual or hearing impairment or are disabled and have a physical or mental impairment that ha5 a long-term negative effect on their ability to do normal daily activities by the promotion, development and the provision of appropriate facilities, services and resources and in particular, but not exclusively, by promoting, developing and cause to be provided appropriate facilities, services and resources to improve the quality of life and equality of opportunities for people with visual impairment, hearing impairment, physical or mental disability." The vlsion, mission ond volues of the chority are.. Our vision: a world where Disability, sensory loss or risk does not limit, preclude or stigmatise people from achieving their fiJll potential. Our mission: work wtth our communities to improve the quality of life and equality of access for Deaf people, people with a sensory loss, Disabled people and people who are at risk. Ourvalues: We involve member5 in decision making. We are open and inclusive. We are proud to work wlth others. We work with integrity. We care about Community. We care about our team. Recruitment and Appointrnent of The Board of Directors, known in this document as he Board" The directors of the company are also charity trustees for the purposes of charity law and. under the companws Articles, are known as members of The Board. Under the requirements of the Memorandum and Articles of A550Ciation. the members of The Board are elected to serve for a period of three years after which they must be re-eletted at the next Annual General Meeting. The Centre of Slgn-sight-sound represents people with varying degrees of hearing loss and seeks to ensure that their needs are appropriately reflected through the diversity of the trustee body. The Association also recognises the importance of people with traditional business skills and individuals are approached to Stand for election to The Board when a skills gap appears. Trustee Induction and Training Most trustees are already farniliar with the practical work of the charity and are encouraged to take part in events that are run each year. Additionally, new trustees without previous experience on a management committee are encouraged to attend a Short training session with the Chair of the charity who covers". The obligations of Board members The Memorandum and Articles of Association Policies and Procedure5 The Business Plan for the year Including future plans and objectives The last Annual Report and Financial Statements New committee member5 are also encouraged to attend training provided by one of the local voluntary Servi￿ councils on Roles and Responslbilitles of Trustees and are handed a folder containing all of the above mentioned documents. The trustees conflrm that they have complied with the duty in Section 4 of the Charities Att 2(K16 to have due regard to the Charity Commission's general guidance on public benefit. Risk Management The Board has conducted a review of the major risks to which the charity is exposed. The Board have examined the major strategic, compliance, financial and operational rlsks whlch the charity faces and confirm that systems have been established to enable regular report5 to be produced so that the necessary steps can be taken to lessen the risks. Procedures are in place to ensure compliance with health and safety of staff, volunteers, cllents and visitors. Organisational Structure The Centre of Sign Sight sound has a Board of Director5 of not less than 3 and not more than 15 members, who meet on a regular basis and are responsible for the strategic direttion and policy of the charity. Current members are from a variety of backgrounds ￿leVant to the work of the charity. The day to day responsibility for the provision of the services rests with the Management Team who are responsible for ensuring that the charity delivers the services specified to a high standa rd. The Team is also responslble for the supervision of other staff, ensuring that they continue to develop their skills and working practices in line with good practice. Related Parties The Centre of Sign Sight Sound WDrks closely with a number of national organisations which complement the charity's obJettlves IncludlnE the Association of Sign Language Interpreters, RNID, Elite Supported Employment, Agoriad CYF, Merthyr Institute forthe Blind, British Society for Mental Health and Deafness, the six voluntary service councils coverlng the North Wales region as well as Wales Council for Voluntary Action. The Centre of Sign Sight Sound 15 also a member of the Consortium of Deaf Organisations in Wales. The charity also works closely wlth Clecs Medla Cyf whose two direttors are also members of the management team. Objectives and Activities The aims. objettive and principal activity of the company is the support of profoundly Deaf, deafened, deafblind. hard of hearing and Disabled people within North Wales. Imperative to this is the promotion, development and provision of appropriate facilities, service5 and resources with a purpose of public benefit for those affected by deafness. The Association does this by providing: Advice and Information Deaf awareness, communication training and BSL Awareness training for businesses and service providers Educational Services Equipment demonstrations and rehabilitationlhabilitation and enablement advi￿ for deaf people Community Information, Advice, Support and Advocacy Services Specialist employability services Media Production Lobbying for equal access to services and employment Achievements and Performance for the period 1st April 2023 to 31st March 2024 Accessible Health We have worked closely with colleagues from Betsi Cadwaladr University Health Board to ensure Deaf and Hard of Hearing people have equitable access to Health Services. BCUHB paid us £22,525 this year. this is used for wages, making health Information videos, administration and travel. Working on Accessible Health are Ffion, Sarah and they are supported by the admin team. Our stats for 202312024 Appointments made/cancelled - 412 Interactions with WITS- 135 Advice to Health Professionals - 317 Any other work associated with health - 164 Total Accessible Health Jobs in 202212023- 1028 Live Well with Hearing Los5 Our Live Well with Hearing Loss 2 project is funded by Welsh Government via their sustainable social services fund and 5UPPOrts people to remain as independent as possible in their own home5. This year is the first year we have been fully responsible for the project delivery. The income for this project 15 £213,273 and is used for wages, office space in Cardiff, demonstration equipment, travel and administration. The Live Well Team are Charis, Ellie, Helen, Bethan, Lauren, Kerry and Steph. In the 12 months covered by this report we supported 511 people and carried out 2378 interventions. Flintshire CSI Our Flintshire project ended on 31 March this year. We were part of a group of organisations supporting Social Service5 in Flintshire. COS was responsible for providing information to Disabled residents of the county about aids, equipment and technologies that suport them in their daily lives. The majority of the work was done online with specialist page5 on our website sharing how to vldeos, list5 of new equipment, links to providers etc. The pages were visited 36000 times in the last 12 month5 for informaiton. Fllnthsire's contract with us saw them pay £40,585 which covered wages, travel, equipment, the cost of part of the website and some lisenses. Working on the project were John, Sarah and Ffion. Information, Advice and Assistance (IAA) The Information, Advice and Advocacy service contlnues In Gwynedd and Denbighshire, and we work with Conwy Deaf Translation and Support Service, and the Deaf Club Conwy Coffee Morning to provide the service during some of their drop-in'5 and on an emergency basis forthose unable to attend the pre-booked se55ion5. Thi5 year a150 Saw u5 return to work in Ynys Mon. rERVICÉ The contracts bring in an income of £49,504 along wlth £48,669 from the National Lottery to provide information about the Cost of Living was used for wages and travel, the cost of making information vide05 and administration. The team behind IAA are Ffion, John and Sarah with support from the admin team. Jobsense Jobsense was an employment project that we deliver in partnership with Agoriad Cyf, Elite and Merthyr Institute for the Blind. We worked with people who find it difficult to get into employment because of their Sensory Loss who live in Conwy and Denbighshire. The project came to an end in August 2023 by which time we had supported 81 people to move closer to finding a job, some of them volunteered, some went into education, and some got paid jobs. In this year we were paid £126,156 that covered wages, trainlng for people on the project, travel and administration. We were also able to pay for essentia15 for some of our customers to buy clothes for inter4iews etc. -103SENSE The Jobsense team were Clare, Susan, Becky, Alyson, Sian and Owen. JOBSENSE Workingsense After Jobsense finished we applied forfunds from the Levelling Up/Shared Prosperity Fund. This was to offer the same services as Jobsense but to all disabled people in Conwy. Denbighshire and Flintshire. This project will run from I September 2023 to 31 December 2024. The income for the project in the year was £177.716 which covered the same costs as Jobsense but with additional staff to cover the larger area. WORKING SENSE The Workingsense team are Clare, Hana, Susan, Becky. Adele, Faith and Simon, who have supported 46 people in the first 6 months of the projert. Training This year has seen the introduction of a brand new course taklng BSL into primary schools in North Wales. The Abi Project offers UP to 10 sessions to schools, taking pupi15 through an introduction to BSL using a course of books created for us by Clecs Media CYF. The books follow the antics of Abi, a Deaf girl and her 5i5ter Catrin as they use play and imagination to lead the readerthrough learning the signs for number5. animals, colour5 and family, with titles such as '*here's a Dinosaur in the Garden" and Yrip to the Moon". Whilst we have had some funding for this {£21,5471, the majority has been funded by COS from restricted reserves and general reserves, coverlng wages, the books, travel and administration. The team are John, Angela, Debbie and Ffion with sUPPOrt from the administration team. Digital Media Our Digital Media Team continue to work on Cael Cymru, our lottery funded project to make places of hlstorical or tourism interest more accessible for all people with the introduction of signed videos and audio tracks of their written information and an online Sensory Loss Awareness Tralning course. This course will be accessible via BSL, English and Welsh. The team have also created media for the Acce55ible Health Team, IAA Team, Jobsense and BCUHB. Income has come from the National Lottery and BCUHB totalling £69,503 which covers wages, equipment, software licences and administration. The team are John, Sarah, Ffion and Steph. Finance Financial Review Funding 2023/24 We have re￿iVed funding from Denbighsh1￿, in partnership with Vision Support, Ynys Mon and Gwynedd County Councils for Information. Advice and Advocacy support. Our support contratt in Fllntshlre was extended for 18 months and finished on 31 March 2024. We continue to support Betsi Cadwaladr University Health Board for accessible health. These are service level agreements wlth signed contracts for agreed levels of servlce for a set level of funding. Funding for restricted projects has continued to be received from the National Lottery People & Places for the Cael Cymru prolect. We have also received support from National Lottery People & Places for a Cost of Living project which 15 producing ongoing videos to explain what this means, what is happening and where help can be found. In the past grant money was received from RNID for our share of the Live Well with Hearing Loss project. This year we have taken ownershlp of the project and now employ the RNID staff from South Wales also in delivering this programme directly. This has seen a significant increase in income for the year to £213,27312023: £55,371) to cover our expanded team and management of the project. Grant money w35 received from the Welsh Government and Welsh European Funding Office to support the Jobsense projects in Northeast and North West Wales. The Northeast project finished last year and the final payment for £21,445 was received in this year. The Northwest project finished this year with payments totalling £126,15612023: £249,522). This has now been superseded by the Workingsense project funded by the Welsh Government through the Levelling-up Fund with payments of £177,716. We have re￿iVed donations of £1,64412023- £5,338) in the year from private individuals and groups. Sales of interpreting services decreased as COS no longer employs interpreters. Access to Work support has remained steady this year as we continue to employ one person requiring communication support currently. We have received funding from Gwynt-y-mor and Clocaenog wind farm5 to help support our Education Officer teaching BSL in primary schoo15 across North Wales. This was also supported by our participation in the ITV People's Choice contest for funding where we recelved £10,000. The remaining funding to support the venture is being taken from our restricted legacy for the provision of services to children and general reserves. We have also invested £99,QIJO in the purchase of books to 5UPPOrt the teaching whlch are belng distrlbuted free to schools. The books support the in school course and are in English and Welsh. There are 10 books in each language supporting the course. Media services in general have fallen as more time was used in specific cost of living videos and work on the Cael Cymru projett. The new Workingsense project and management of the Live Well Projert have seen our income forthe year increase to £894,632 (2023: £681,572). This has also accounted forthe salaries increasing to £583,906 {2023: £396,139) and full-time equivalent headcount increasing to 1912023: 141. Offlce expendlture has increased In Ilne wlth the new projetts but also includes £65,667 to replace the heating system in the building. The remaining mortgage was repaid during the year. The organisatlon provides quarterly management accounts compared to budget that are discussed in the Trustee Board meetings. The management team is made up of 4 senior managers who work on the various aspects of the charity's delivery of services and administer the charity on a day-to-day basis. Reserves Policy The Board have reviewed its reserves policy and determined that the unrestricted general funds held by the charity should aim to be six months of Income re￿ived. This would provide sufficient funds for the charity to operate whi15t waiting payment of grants and to respond to emergency applications for grants and fund-raising initiatives which arise from time to time. The present level of unrestrlrted reserves available to the charity is £515,11312023: £420,014) which are readily available to meet the general activities of the charity. This is slightly higher than 6 months of income, but the Board has agreed to fund a Child Education Officer for a year from Ottober 2023 after being unsuccessful in the bid for the People's Choice recently. This will reduce the level of reserves back to the 6 month target. The Board has agreed have a designated property reserve of £324,336 {2023: £328,670) in line with Charity Commission guidance which represents the book value of the freehold property held by the charity. The Charity also has restricted resenies of £93,02912023: £70,428). This represents a restrlcted legacy for the provision of services to children with a hearing loss, and the advance from the National Lottery for the Cael Cymru and Cael Cymru projects. Plan for the Association for Future Periods The Association continually reviews and develops its strategic business plan, to drive and inform the organisations work in the coming years. The plan is reviewed annually to ensure its relevance and practicality. The Association's Board of Trustees are aware that the organisation is, currently and for the foreseeable future operational periods, facing a rapidly changing and challenging external commissioninglfunding and hence operational delivery environment. There is less local authority funding now. Consequently, to remain sustainable in the long term, the Association needs to adapt, develop and constantly review its business, financial, operational and growth strategies. The Association is now seeking funding from a much broader group of agencles to provide services to a greater range of disabled and sens0ry1055 users. The Association it looking to extend its partnerships with other similar organisations to deliver these services. io Public Benefit The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales, information is given above in the achievements and perfomiance section. Fundraising How we fundraise Our fundraising activities are delivered in house. We take a supporter-led approach to our fundraisin& which means we offer a variety of ways that the public can engage with our fundraising. It is important to us that supporters find a way to give to us that works for them. This includes, but is not limited to. making one-off or repeat donations, taking on a challenge, and asking their networks to support them, buying a lottery or raffle ticket, or leaving a gift to us in their will. Ensuring positive fundraising Our aim is to ensure that engaging with COS'S fundraising activities is a positive experience and that donor5 and the public are always treated with respect, fairness, honesty, and clarity. We regularly review our fundraising approach and work with other5 With the aim of promoting best prattice across the charity sector. Keeping our supporters, data safe We take the role of protecting and using supporter data in the right way very seriously. Our Chief Data Officer and Information Security team continually review how we securely and safely store, manage, and destroy personal and sensitive information. We maintain a strict adherence to the Data Protection Act 2018 and record supporters, preferred methods of communication. Fundraising through third parties We do not fundraise through 3rd parties. How we monitor fundraising All fundraising activity is subject to an approval process that is supported by our Board of Trustees. The perfomiance of fundraising campaigns is regularly reviewed. We are consistently looking to hear feedback from supporters and internal and external stakeholders to deliver a high standard of performance and compliance. Protecting the privacy and data of our supporters We remain committed to protecting and respecting the privacy of all our supporters. In 2023/2024 we received O complaints about our fundraising practices. We take all complaints seriously and respond to each one in line with our complaints policy. Protetting vulnerable people We adhere to the Chartered Institute of Fundraising's principles of: Being respectful- we are mindful of and sensitive to any particular need that a donor may have. We Strive to respect the wishes and preferences of the donor. Being responsive-we adapt out approach and are flexible to meet the needs of our donors. We will ask questions and take any necessary step5 to ensure our donors safety and integrity. 11 Being fair- we do not make decisions based solely on a particular characteristic such as a person's appearance, the way they talk, any medical condition, or disability. cos treats everyone as a unique individual. Being accountable - we take responsibility for their actions. We ensure that our work is carried out in line with the Code of Fund raising Practice. Statement of Trustees Responsibility The Trustees (who are also the directors of Centre of Sign-sight-sound for the purpose5 of company law) are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards {United Kingdom Generally accepted Accounting Practice) and applicable law and regulation. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unle55 they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistentlv; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent,, state whether applicable UK, Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements- and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. As the charity's trustees of the company {and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act,). The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small Companies Provision statement This report has been prepared in accordance with the special provisions relating to companies subject to the small companies, regime within part 15 of the Companies Act 2006. Trustee: Date: Il .0?. LE* Trustee: Date: 11. 05. 12 Independent examiner's report to the Trustees of Centre of Sign Sight Sound I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024, which are set out below. Responsibilities and basis of report As the charitys trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2CK)6 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitys accounts as carried out under section 145 of the Charitie5 Act 2011 (the '2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's report Since the companls gross income exceeded £250,CK)O your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ICAEW, which is one of the listed bodie5. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act: or 2. the accounts do not accord with those accounting records; or 3. the accounts do not comply wlth the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination" or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date: reth Lowe Bsc ACA for and on behalf of: Aston Hughes & Co Chartered Accountants and Statutory Auditor5 Selby Towers, 29 Princes Drive, Colwyn Bay North Wales, LL29 8PE 13 CENTRE OF SIGN-SIGHT-SOUND Y GANOLFAN ARWuDDo￿OLWG-SA1N REGISTRATION NUMBER 02959589 BALANCE SHEET AT 31 MARCH 2024 2024 2023 Note FIXED ASSErs Tangible Assets 349,651 367,187 CURRENT ASSETS Stocks Debtors Cash at bank and in hand io 89,177 10,198 501,362 li 76.702 494,790 600,737 571,492 CREDITORS DUE WITHIN I YEAR Due within one year 12 36.972 31,921 NET CURREiwfAssErs 13 563,765 539,571 MORTGAGE DUE MORE THAN I YEAR secured 87.646 TOTAL ASSETS LESS CURRE￿ LIABILMES 14 913,416 819,112 CAprrAL AND RESERVES Unrestricted Funds 16 502,882 324,336 86,198 420,014 328,670 70.428 Designated Funds Restricted Funds 16 16 913,416 819,112 For the financial year ended 31 March 2024, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relatin8 to small companies. The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting record and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions of Part IS of the Companies Act 2006 relating to small companies. The financial statements were approved bythe Board of Trustees on and were slgned on Its behalf by: Trustee LI Date: li. ofi. U( Trustee 14 CENTRE OF SIGN-SIGHT-SOUND Y GANOLFAN ARWUDDO-GOLWG-SAIN STATEMENT OF FINANCIAL A￿1VITIEs INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrkted Restrlcted Fund Fund Total Unrestrirted Restricted 2024 Fund Fund Total 2023 Note Income and Endowments From: Donations & Legacies Investment Income 1,890 8.237 1,890 8,237 5,628 3,702 5.628 3,702 Charltable actlvltles Activity based Grants & Contracts Trainin8 & Service Provision Rental Income Profit on sale of Fixed Assets Total Incoming resources 112,614 91,682 3,780 676.429 789.043 91,682 3.780 106,175 104,484 7.923 453,660 559.835 104,484 7,923 218,203 676A29 894,632 227,912 453,660 681,572 Resources expended Ralslng funds 13 13 Charitable artlvttles 169.882 630,446 800,328 101,937 408.748 510,685 Loss on dlsposal otfixed assets Total expendlture 169,882 630,446 8(KI.328 101,950 408,748 510.698 Net Income/lexpendlture) for the year 48.321 45,983 94,304 125.962 44.912 170,874 Transfer between Funds 30,213 130.2131 124,381 1124,3811 Net Movement In Funds for the Year 78,534 15,770 250,343 (79,4691 170.874 Re¢onclllatlon of funds Total fund5 brought forward 748,684 70,428 819.112 498.341 149.897 648,238 Total funds carrled fonvard 16 827,218 86,198 913.416 748,684 70,428 819,112 15 (ENTRE OF SIGN-SIGHT-SOUND Y GANOLFAN ARWUDDO-GOLWG-SAIN STATEMÉNT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 Total 2024 Total Note 2023 Cash flows from operating activitles Net cash income lexpenditurel Finance costs 94,304 3,427 97,731 170,874 5,763 176,638 Adjustment to cash flows from nonwcash items Depreciation 26,835 14,851 124.566 191,489 Workln8 Capltsl adjustments Decrease/llncreasel in debtors IncreasellDecrease) In cred itors li 66,504 5,051 3,916 14,4801 12 Net Cash flow from operating activities 196.121 190,925 Cash flows from investing activities Purchase of Book Stock Purchase of tanglble fixed assets Di5P0501 of tangible fixed assets io 189,1771 19,2991 114.0971 198.476) {14097) Cash flows from financin8 activitie5 Interest paid Loan repayments 13,4271 187,6461 15,7631 190.1781 12 191,073) (95.9421 Net increase/{decrea5e) in cash and cash equlvalents 15 6.572 80.886 Cash and cash equlvalents brought forward 494,790 413.904 Cash and cash equivalents carried foThvard 501,362 494,790 16 CENTRE OFSIGN-SIGHT-SIGHT-SOUND Y GANOLFAN ARWYDDO-GOLWG-SAIN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 I ACCOUNTING POLICIES . Charity Sta￿$ The charity 15 a charity limited by guarantee incorporated in England and Wales and consequently does not have share capital. Each of the tnjstees is liable to contribute an amount not exceedlng £1 towards the assets of the charity in the event of liquidation. The registered office address is provided on the company information poge. b. Accounting Convention The financial statements have been prepared under the historical cost convention {unless otherwlse stated) and in accordance with the Accountin8 and Reporting by charities.. Statement of Recommended Practlce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appllcable In the UK and Ireland IFRS 102 Charitie5 SORPI, the Companies Art 2006 and the Charities Act 2011. Centre of Sign Sight Sound meets the definition of a public benefit entity under FRS 102. Assets and liabilities are Initially recognlsed at historlcal cost or transaction value unless otherwise stated in the relevant accounting pollcy notes. c. GolngCon¢ern The trustees consider that there are no material uncertainties about the charity's ability to continue as a goln8 concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. d. Fixed Assets All Fixed Assets apart from those purchased by Specific fundraising projects are capltalised at cost. Assets below £500 are not capltalised. Depreciation has been calculated at o rate 5Ultable for writing off the assets of the company over their useful lives The rate applied ha5 been: Fixtures and fittin8S Computer equlpment Motor vehicles Bulldlngs 15% Straight line 25% Strai8ht line 25% Straight line 2% Straight line e. Donations Income from donations and grants, including capital grants, is included in incoming resources when these are recelvable. except as follows.. * When donors specify that donations and grants glven to the charity must be used in future accounting periods, the income is deferred until those periods. *When donors impose conditions that must be fulfilled before the charity becomes entitled to use such Income. the income 15 deferred and not included in incoming resources until the preGOLWG-SAIN NOTES TO THE ACCOUNTS Cont. FOR THE YEAR ENDED 31 MARCH 2024 Purpose of Restrirted Funds: Dr Celnwen Evans- Restricted legacy for the provision of service5 to children. The expenditure represents the salary of an Education Officer 8oin8 into primary xhools in North Wales to deliver a programme of sensory loss awareness and BSL lessons. The remainder of the project income and costs are included under the Education Offlcer. RNID Living Well with Hearlng Loss Project- Thls Is a 2-year projett to support people confronting hearing Ioss. deafness and tinnitus through Hearing Hubs ensurlng people with a hearing loss get the help they need. Jobsense West Wales and the Valleys (WWV) - This was a 2-year project through the Welsh Government and Welsh European Funding Office to help people over 25 with vision impalrment towards employment. The transfer to general reserves represents the share of overheads allocated to the prolect. Jobsense East Wales (EW) - This was a 3-year project through the Welsh Government and Welsh European Funding Office to help people over 25 with vision impairment towards employment. The transfer to general reserves represents the share of overheads allocated to the project. WorklngSense- This is a 15-month project through the Welsh Government and shared Prosperityfund to help people over 25 with a disability towards employment. The balance in the restricted fund represents the advance for April 2024. COVID-19 Grants- These were from the Steve Morgan Foundation, Coronavirus Resilience Fund. Gwynt-y-mor, Denbigh Church Fund, Charities Aid Foundation, Pocklington Trust, Tesco Bags Groundforce, Mantell Gwynedd and Medryn Mon toword providing information, advice and advocacythrough multi-media videos and other multi- media communication5 to explain COVID-19 to the sensory loss community in We15h and English. Natlonal Lottery Community Fund- People and Places Funding for Cael Cymru Project to produce 40 accessible vldeos for History Points of tourist attractions and an online learning platform for the tourist industry to teach deaf awareness. The transfers in represent fundin8 paid in advance over the first 3 years of the project. National Lottery Community Fund- People and Places Funding for develop a bespoke Information, Advlce and Assistance service to help people with a sensory loss understand the effect5 of the cost-of-living crisis where they can contsrt us in the language or method of their choice to access the type of information that goes beyond translation into explanation in an acce55ible format. Ynys Mon County Coun¢ll- Grant toward producing videos and to create an online awareness package for children and young people in relation to criminal exploitation. Chlldren's Edutation and Tralnln8Officer- Funding ha5 been received from Gwynty Mor Community Fund and Clocaenog Forest Wind Farm Fund to support the solary of the officer to deliver 10 sessions teachin8 BSL to both puplls and teachers in their community areas. Pufflns ProJert- a project to establish an early years provi5i0n to support families with deaf children so they have the best start to their school years following the lon8 period of reduced access due to COVID. General Funds These are the general funds of the charity and are held to meet the requirements and general activities of the charity. Deslgnated Funds The deslgnated property fund represents the value ofthe freehold propertyowned bythe charity (note 91. This fund was created as the value the property does not form part of the free reserve5 of the charity. It would take the trustees tlme to realise these funds and in so doing this would impact on the charit¢5 attivities. Previously the fund represented the value of the property less the associated mortgage. Transfer of fvnds- Transfers are when the conditions of the funding being provided have been satisfied and includes where permitted within the grant conditions an amount for full cost recovery. SufPKient resources are believed to be available to enable every fund to be used in accordance with any restriction imposed. 25