| Patron; | Rt. Hon. Ann Widdecombe | Rt. Hon. Ann Widdecombe | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Honorary | President: | Nadra Ahmed OBEDL | |||||||
| Chief Operating | Officer: | Maxine Lucas | |||||||
| Trustees: | Clive Reddihough | (Chairman) | |||||||
| Caroline Elizabeth | Highwood | (Treasurer) | |||||||
| Patrick Todd | |||||||||
| Mary Shaw | |||||||||
| Derek Smyth —Deceased 03/10/2023 | |||||||||
| Alan West —Deoeased 25/05/2023 | |||||||||
| James Ransom | |||||||||
| Company | Registered | Number: | 03132542 | ||||||
| Charity Registered | Number: | 1052036 | |||||||
| Company | Secretary | Maxine Laces | |||||||
| Head Office and | Registered | Office: | 18Brewer Street | ||||||
| Maidstonc | |||||||||
| Kent | |||||||||
| ME14 1RU | |||||||||
| Independent | Auditors: | Charcroft Baker LLP | |||||||
| 5 West Court | |||||||||
| Enterprise Road |
|||||||||
| Maidstone | |||||||||
| Kent | |||||||||
| ME15 6JD | |||||||||
| Bankers: | CAF Bank Ltd | ||||||||
| 25 Kings Hill Avenue | |||||||||
| Kings Hil I |
|||||||||
| West Mailing | |||||||||
| Kent | |||||||||
| ME194JQ | |||||||||
| Solicitors: | Warne is | ||||||||
| Solicitors | |||||||||
| 180High Street | |||||||||
| Tonbridge | |||||||||
| Kent | |||||||||
| TN9 1BD |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestrictetl | Restricted | Total | Total | ||
| Funds | Funds | Fends | Fumls | ||
| Notes | |||||
| INCOMING RESOURCES | |||||
| Incoming resources from generated |
funds: | ||||
| Voluntary income: |
|||||
| Membership subscriptions |
2 | 120 | 120 | 150 | |
| Donations &fund raising | 2,3 | 67,205 | 67,205 | 63,645 | |
| Legacies | |||||
| Investments: | |||||
| Bank interest received | 821 | 821 | 478 | ||
| Bank investment bond movement |
4 | (1,477) | (1,477) | (1,113) | |
| Incoming resources from charitable |
|||||
| activities: | |||||
| Grants | 26,000 | 147,671 | 173,671 | 162,747 | |
| Contract income | 2 | 264,500 | 264,500 | 280,000 | |
| Sales & installation ofaids |
3 | 28,720 | 28,720 | 37,460 | |
| Deaf awareness & Sign |
|||||
| Language courses |
3 | 46,448 | 46,448 | 30,698 | |
| TOTAL INCOMING RESOURCES |
432,337 | 147,671 | 580,008 | 574,065 | |
| RESOURCES EXPENDED | |||||
| Costs ofgenerating funds: |
|||||
| Costs ofgenerating voluntary |
|||||
| income | 9,652 | 9,652 | 7,208 | ||
| Charitable activities |
456,459 | 149,686 | 606,145 | 588,793 | |
| Governance costs |
5,783 | 5,783 | 5,504 | ||
| TOTAL RESOURCES | |||||
| EXPENDED | 5 | 471,894 | 149,686 | 621,580 | 601,505 |
| NET MOVEIVIENT IN FUNDS | (39,557) | (2,015) | (41@72) | (27,440) | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
230.578 | 8,449 | 239.027 | 266,467 | |
| Total funds carried forward | 191.021 | 6.434 | 197455 | 239,027 |
| Notes | 2023 | 2022 | |||
|---|---|---|---|---|---|
| E | |||||
| FIXEDASSETS | |||||
| Tangible Assets | 24,159 | 26,434 | |||
| CURRENT ASSETS | |||||
| Stock | 13,667 | 15,019 | |||
| Debtors | 10 | 28,358 | 24,183 | ||
| Prepayments &accrued income |
10 | 19,924 | 40.149 | ||
| Cash at Bank Et in Hand | 171 156 | 186533 | |||
| 233,105 | 265,884 | ||||
| CREDITORS | |||||
| Creditors Accruals and deferred income |
11 (197516) 11~4400.229933 |
(26,785) ~2506 |
|||
| NET CURRENT ASSETS | 173,296 | 212,593 | |||
| NET ASSETS | 197.455 | 239 1127 | |||
| INCOME FUNDS | |||||
| Restricted funds | 16 | 6,434 | 87449 | ||
| Unrestricted funds |
16 | 21 | 230373 | ||
| 19743 | 239.027 |
| al KENT | PAGE 13 | |||||
|---|---|---|---|---|---|---|
| A Com an Limited b Guarantee |
||||||
| STATEMENT OF CASHFLOWS | ||||||
| FOR THE YEAR ENDED 31MARCH | 2 | 23 | ||||
| Statement ofCash flows: | ||||||
| 2023 | 7022 | |||||
| Cash floEvs from operating activities: |
~33023 | (48,406 | ||||
| Net cash provided by (used in) operating |
activities: | |||||
| Dividends, interest and rents from investments |
(65l5) | (635) | ||||
| Proceeds from the sale ofproperty, plant |
and equipment | 150 | ||||
| Purchase ofproperty, plant and equipment |
(1,699) | (1,779) | ||||
| Proceeds from sale ofinvestments | ||||||
| Purchase ofinvestments Net cash provided by (used in) investing |
activities | ~355 | ~2.2533 | |||
| Cash flows from financing activities: |
||||||
| Repayments ofborrowing |
||||||
| Cash inflows from new borrowing | ||||||
| Receipt ofendowment | ||||||
| Net cash provided (used in) financing |
activities | |||||
| Change in cash and cash equivalents |
in the | reporting | period | (15,378) | (50,670) | |
| Cash and cash equivalents at the beginning |
ofthe reporting | 186,533 | 237,203 | |||
| pertod | ||||||
| Change in cash and cash equivalents |
due | to | exchange | rate | ||
| movements | ||||||
| Cash and cash equivalents at the end |
ofthe | reporting | period | 171,155 | 186,533 | |
| Reconciliation ofnet income / ex emliture |
to net | cash flow | from o eratinN | aetiyitieS | ||
| 2023 | 2022 | |||||
| Net income /(expenditure) for the reporting |
period (as per | (41 572) | (27,440) | |||
| SOFA) | ||||||
| Adjustment for: |
||||||
| Depreciation charges |
3.974 | 7,188 | ||||
| Dividends, interest and rents from investments |
656 | 635 | ||||
| Loss /(Profit) on the sale offixed assets |
(7) | |||||
| (Increase) / decrease in stocks |
1,352 | 2,050 | ||||
| (Increase) / decrease in debtors |
16,050 | (38,028) | ||||
| Increase / (decrease) in creditors |
6.517 | 7,196 | ||||
| Net cash provided by (used in) operating |
activities | (13,023) | (48,406) | |||
| Anal sis ofchan es in Net Debt |
||||||
| at 01/04/22 | Cash Flow | at 31/03/23 | ||||
| Net Cash | ||||||
| Cash at bank and in hand | 186.533 | (15,378) | 171,153 | |||
| 1862533 | (13,378) | 171,155 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| f | ||||||
| Donations | 42,895 | 42,895 | 49,415 | |||
| Subscriptions | 120 | 120 | 150 | |||
| Legacies | ||||||
| Government | grants - Covid support | 20,324 | ||||
| Contract income | 264,500 | 264,500 | 280,000 | |||
| Grants | 26 0 | 147671 | 173671 | 142423 | ||
| Total donations, | legacies and contracts | 333515 | 147671 | 4SI 186 | 492 312 | |
| Total 2022 | 3555 9 | 136723 | 492 312 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Fundraising | 24,310 | 24,310 | l4,230 | |||
| Sales & installation | ofaids | 28,720 | 28,720 | 37,460 | ||
| Deaf awareness | & | Sign | ||||
| Language courses |
46448 | 46 448 | 30698 | |||
| Total Fund raising | Income | 9947S | 99478 | 82 388 | ||
| Total 2022 | 82388 | 82 388 | ||||
| 4. INVESTMENT INCOME |
||||||
| Unrestricted | Restricted | Total | Total | |||
| Funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| f. | ||||||
| Bank Interest received | 821 | 821 | 478 | |||
| Bank investment | bond movement | 1 477 | 1 477 | I il3 | ||
| Total Investment | Income | 656 | 656 | 635 | ||
| Total 2022 | 635 | 635 |
| 5. ANALY | S | IS OF EXPEND | ITURE ON CHARI | TABLE A | CTIVITE | S |
|---|---|---|---|---|---|---|
| ttnrestricted | Restricted | Total | Total | |||
| Funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Lip reading | support | 15,463 | 18,835 | 34,298 | 31,821 | |
| Sign language | support | 52,950 | - | 52,950 | 42,867 | |
| VVS clinics | 21,836 | 72,567 | 94,403 | 88,208 | ||
| Sale ofequipment | 375,862 | 58,284 | 434,146 | 433,105 | ||
| Governance | 5.783 | - | 5 783 | 5 504 | ||
| Total | 471 94 |
149686 | 62158 | 601505 |
| Sign | |||||||
|---|---|---|---|---|---|---|---|
| Lip | Reading | Language | VVS | Sale of | 2I023 | 2022 | |
| Support | Support | Clincs | Equipment | Governance | Total | Total | |
| f. | |||||||
| Direct Costs | |||||||
| Supplies tk Installation |
|||||||
| Ofaids | 24,381 | 24,381 | 28,155 | ||||
| Training costs | 10.716 | 28,782 | 39,498 | 36,747 | |||
| Staff costs | 2,175 | 16,849 | 109,552 | 128,576 | 117,437 | ||
| Office costs | 9339 | 9652 | 18991 | 12394 | |||
| Total Direct Costs | 12891 | 45631 | 9339 | 143585 | 211446 | 194733 | |
| Total Direct Costs 2022 | |||||||
| Support Costs | |||||||
| Staff cost | 18.430 | 73,870 | 206,490 | 1,000 | 299,790 | 294,260 | |
| Office costs | 1.108 | 7 77n | 4,167 | 26.127 | 34,127 | 45,260 | |
| Premises costs | 1,443 | 3,547 | 3,426 | 34,016 | 44,432 | 43,543 | |
| Deprecation ot lixed assets | 3,974 | 3,974 | 7.188 | ||||
| Bank charges | 135 | 206 | 1,295 | 1,691 | 1,868 | ||
| Travel cost | 371 | 912 | 1,395 | 8.744 | 11 421 | 10.149 | |
| Audit cost | 4.783 | 4,783 | 4,504 | ||||
| Fixed Asset Disposals | 9916 | 9916 | |||||
| Total Support Costs | 21 -107 | 7319 | 85064 | 290561 | 5783 | 410134 | 406772 |
| Total Support Costs | |||||||
| 2022 | 5 9 |
| TAFF COSTS AND NUMBERS | TAFF COSTS AND NUMBERS | ||
|---|---|---|---|
| Staffcosts were as follows: | |||
| 2023 f |
2022f | ||
| Salaries and wages | 392,882 | 374,384 | |
| Social security costs | 25,686 | 25,686 | |
| Pension costs | 8,276 | 8,521 | |
| Healthcare and reduced |
insurance | 1,522 | 3,106 |
| Total | 428,366 | 411,697 |
| 2023 | 2022 | ||
|---|---|---|---|
| Number | Number | ||
| Chief Executive | 1 | ||
| Project support | 13 | ||
| Administration | and management | ||
| Total | 21 |
| Computer | Other | Fixtures | Motor | |||
|---|---|---|---|---|---|---|
| Equipment | Equipment | & Fittings | Vehicles | Total | ||
| 8 | 8 | 8 | ||||
| COST | ||||||
| At 1 April 2022 |
33,910 | 12,920 | 20,419 | 37,006 | 104,255 | |
| Additions | 10,725 | 889 | - | — | 11,614 | |
| Disposals | (20,035) | (20,035) | ||||
| At 31 March 2023 | 24,600 | 13,809 | 20,419 | 37,006 | 95,834 | |
| DEPRECIATION | ||||||
| At 1 April 2022 |
18,179 | 9,872 | 19,715 | 30,055 | 77,821 | |
| Charge for the year | 1,308 | 788 | 141 | 1,737 | 3,974 | |
| Disposals | (10,120) | (10,120) | ||||
| At 31 March 2023 | 9,367 | 10,660 | 19,856 | 31,792 | 71,675 | |
| NET BOOK VALUE | ||||||
| At 31 March 2023 | 15,233 | 3,149 | 563 | 5,214 | 24,159 | |
| At 31 March 2022 | 15,731 | 3,048 | 704 | 6,951 | 26,434 | |
| 10. | DEBTORS | |||||
| 2023 | 2022 | |||||
| ft | ||||||
| Trade debtors | 26,023 | 21 423 | ||||
| Other debtors | 2,333 | 2,760 | ||||
| Prepay ments and accrued | income | 19,924 | 40.149 | |||
| 48,282 | 64.332 |
| EDITORS | |||
|---|---|---|---|
| 2023 | 2022 | ||
| Trade creditors | 10,404 | 18,060 | |
| Other taxes and social | security | 8,839 | 8,357 |
| Accruals and deferred | income | 40,293 | 26,506 |
| Other creditors | 273 | 368 | |
| 59,809 | 53,921 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Land and | Land and | |||||
| Buildings | Other | Buildings | Other | |||
| g | ||||||
| Operating leases which expire: |
||||||
| Within | one year | 31,500 | 31,500 | |||
| Between two and five years | 88,625 | 108,125 | ||||
| In over | five years | 33,000 | 34,900 | |||
| 153,125 | 176,525 |
| Statement offunds —current yea | r | ||||
|---|---|---|---|---|---|
| Movement | in Funds | ||||
| Balance | incoming | Balance | |||
| 1.04.2022f | Resources Fxpenditure f. |
31.03.2023 | |||
| Unrestricted funds |
|||||
| Unrestricted funds |
230,578 | 432,337 | (471,894) | 191,021 | |
| 230 578 | 432337 | 471 894 | 191021 | ||
| Restricted funds |
|||||
| Volunteer Visiting Scheme |
(East Kent) | 1,480 | 35,676 | (35,676) | 1,480 |
| Volunteer Visiting Scheme |
(North Kent— | ||||
| formerly West Kent) |
8,575 | (8,575) | |||
| Volunteer Visiting Scheme |
(West Kent— | ||||
| Formerly Mid Kent) |
5,840 | 26,577 | (28,316) | 4,101 | |
| Lip Reading —Fundraising | Inconte | 18,835 | (18,835) | ||
| Provincial Lodge —Van donation |
1,129 | (276) | |||
| KAB —COMF | 8333 | (8,333) | |||
| Kent Community Foundation— |
|||||
| Marketing Project |
6,000 | (6,000) | |||
| Technology Support Grants |
26,140 | (26,140) | |||
| Social Groups Grants | 12,885 | (12,885) | |||
| Equipment Grants |
3,251 | (3,251) | |||
| Involve Kent —Warm Space Grant |
699 | (699) | |||
| Tonbridge Lions Club —banners |
700 | (700) | |||
| 8449 | 147 671 | 149686 | 434 | ||
| Total offunds | 239.027 | 580,008 | (621,580) | 197.455 | |
| Restricted Funds Carried Forward |
| Statement offunds —prior year | |||||
|---|---|---|---|---|---|
| Movement | in Funds | ||||
| Balance | Incoming | Balance | |||
| 1.04.2021f | Resources Expendituref | 31.03.2022f | |||
| Unrestricted funds |
|||||
| Unrestricted ftmds |
242.546 | 437,342 | (449,310) | 230,578 | |
| 242 546 | 437 342 | 449 310 | 230 578 | ||
| Restricted funds |
|||||
| Volunteer Visiting Scheme (East Kent) |
1,480 | 35,676 | (35,676) | 1,480 | |
| Volunteer Visiting Scheme (North Kent— |
|||||
| formerly West Kent) |
10,624 | 13,020 | (23,644) | ||
| Volunteer Visiting Scheme (West Kent— |
|||||
| Formerly Mid Kent) |
6,412 | 28,316 | (28,888) | 5.840 | |
| Lip Reading —Fundraising | Income | 3,908 | 16,816 | (20,724) | |
| Provincial Lodge —Van donation |
1,497 | (368) | 1,129 | ||
| Awards for All —Hearing |
Aid project | 5,535 | (5 535) | ||
| KAB —COMF |
16,667 | (16,667) | |||
| KCC —Social Groups | 8,500 | (8500) | |||
| Other —Social Groups |
3,693 | (3,693) | |||
| Phillip Connie Foundation | —Social Groups | 8,500 | (8,500) | ||
| 23 921 | 136723 | I52 195 | 8 449 | ||
| Total offunds | 266,467 | 574,065 | (601,505) | 239,027 |
| ofnet | assets betwe | en funds —curre |
nt year | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2023 | 2023 | 2023 | |||
| E | |||||
| Tangible | fixed assets | 24,159 | 24,159 | ||
| Current | assets | 226,671 | 6,434 | 233,105 | |
| Creditors | due within | one year | (59,809) | (59,809) | |
| 191,02] | 6,434 | 197,455 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| fuads | funds | funds | |||
| 2022 K |
2022 | 2022f | |||
| Tangible | fixed assets | 26,434 | 26,434 | ||
| Current | assets | 257,435 | 8,449 | 265,884 | |
| Creditors | due within | one year | (53,291) | (53,291) | |
| 230,578 | 8,449 | 239,027 |