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2021-12-31-accounts

Trustees Mr Paul McLaughlin
Mr Samuel Brenton
Mrs Sandra Redman
Mrs Kay Sammon
Ms Rebecca Smith
Secretary Dr A Buckley
Charity number 1062823
Company number 03266266
Registered office 6 Underlay Business Centre
Kirkby
Lonsdale
Cumbria
LA6 2DY
England
LA6 2DY
Independent examiner Leonard Gold Chartered Accountants
24 Landport Terrace
Portsmouth
Hampshire
England
PO12RG
Bankers HSBC Bank pie
118Commercial Road
Portsmouth
Hampshire
PO11EP

Page
Chairman's statement 1
Trustees' report 2-5
Independent examiner's report 6
Statementoffinancial activities 7
Balance sheet 8
Notes to the financial statements 9 - 19

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
Notes
£
£ £
£
£ £
Income and endowments from:
Donations and legacies 2 32,109 32,109
75,601
75,601
Other trading activities 3 1,115 840 1,955
1,837
840 2,677
Other income 4 26,400 26,400
24,000
24,000
Total income 59,624 840 60,464
101,438
840 102,278
Exgenditure on:
Raising funds 5 222 222
223
223
Charitable activities 6 40,934 1,700 42,634
42,189
24,212 66,401
Total expenditure 41,156 1,700 42,856
42,412
24,212 66,624
Gross transfers between
funds 1,930 (1,930)
Net income/(expenditure) for
the year/
Net movementinfunds 18,468 (860) 17,608
60,956
(25,302) 35,654
Fund balances at 1 January
2021 187,843 33,550 221,393
126,887
58,852 185,739
Fund balances at31
December2021 206,311 32,690 239,001 187,843 33,550 221,393

2021 2020
Notes £ £ £ £
Fixed assets
Investments 12 100,000 100,000
Current assets
Debtors 13 148,954 133,013
Cash at bank andinhand 21,089 26,424
170,043 159,437
Creditors: amounts falling due within
one year 14 (31,042) (38,044)
Net current assets 139,001 121,393
Total assets less current liabilities 239,001 221,393
Income funds
Restricted funds 15 32,690 33,550
Unrestricted funds 206,311 187,843
239,001 221,393

1 Accounting policies (Continued)
1.6 Financial instruments
Debtors
Short term debtors are measured at transaction price (which is usually the retail or invoice price), less any
impairment losses for bad and doubtful debts.
Loans and other financial assets are initially recognised at transaction price including any transaction costs
and subsequently measured at amortised cost determined using the effective interest method, less any
impairment losses for bad or doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and
subsequently measured at amortised cost determined using the effective interest method.
1.7 Taxation
The charityisexempt from corporation tax on its charitable activites.
1.8 Foreign exchange
Transactions denominatedinforeign currencies are translated at the rate of exchange prevailing at the time of
the transaction. Foreign currency balances are translated at the rate of exchange prevailing at the balance
sheet date.
1.9 Social investments
Social investments are measured at cost less impairment.

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Donations and gifts 32,109 33,524
Legacies receivable 42,077
32,109 75,601
--

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
£ £ £ £ £ £
Fundraising events 1,115 840 1,955 1,837 840 2,677

Un restricted Unrestricted
funds funds
2021 2020
£ £
Rents received 26,400 24,000
5 Raising funds
Unrestricted Unrestricted
funds funds
2021 2020
£ £
Fundraising and publicity
Direct cost of events and appeals 222 223
222 223
--
6 Charitable activities
2021 2020
£ £
Rates and water 1,793 1,786
Property costs 28,332 28,332
Heat, telecoms and IT 2,968 1,466
Minor equipment and software licences 549 1,880
Consultants and advisors 1,700 24,000
35,342 57,464
Shareofsupport costs (see note 7) 2,634 3,669
Shareofgovernance costs (see note 7) 4,658 5,268
42,634 66,401
Analysisbyfund
Unrestricted funds 40,934 42,189
Restricted funds 1,700 24,212
42,634 66,401
--

Support costs
Support Governance 2021Support costs Governance 2020
costs costs costs
£ £ £ £ £ £
Exchange Losses/(gains) 60 60 (4) (4)
Insurance 1,994 1,994 1,983 1,983
Bank charges 269 269 486 486
Credit card charges 311 311 164 164
Bank interest paid 867 867
Sundries 173 173
Independent examiner
fees 4,260 4,260 4,560 4,560
General governance
costs 398 398 708 708
2,634 4,658 7,292 3,669 5,268 8,937
Analysed between
Charitable activities 2,634 4,658 7,292 3,669 5,268 8,937
-- --

10 Intangible fixed assets
Internet Research and Total
Domain Development
Names
£ £ £
Cost
At1 January 2021 and31December 2021 1,235 94 1,329
Amortisation and impairment
At1 January 2021 and31December 2021 1,235 94 1,329
Carrying amount
At31December 2021
At31December 2020
11 Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 January2021 5,315
At31December 2021 5,315
Depreciation and impairment
At 1 January2021 5,315
At31December 2021 5,315
12 Fixed asset investments
other
investments
Cost or valuation
At 1 January2021&31December2021 100,000
Carrying amount
At31December 2021 100,000
At31December 2020 100,000

2021 2020
Other investments comprise: Notes £ £
Investments in subsidiaries 18 100,000 100,000
13 Debtors
2021 2020
Amounts fallingduewithin one year: £ £
Amounts owed by subsidiary undertakings 142,327 125,627
Other debtors 1,458 2,217
Prepayments and accrued income 5,169 5,169
148,954 133,013
14 Creditors: amounts fallingduewithin oneyear
2021 2020
£ £
Trade creditors 2,354 1,344
Other creditors 21,898 31,900
Accruals and deferred income 6,790 4,800
31,042 38,044

Balance at
1 January 2020
Movementinfunds
Incoming
Resources
resources
expended
Movementinfunds
Incoming
Resources
resources
expended
Transfers
1
Balanceat
January2021
Movementinfunds
Incoming
Resources
resources
expended
Movementinfunds
Incoming
Resources
resources
expended
Balanceat
31December
2021
£ £ £ £ £ £ £ £
Sue Buckley Research Fund 5,676 840 (169) 6,347 840 (1,700) 5,487
Internet Dissemination and Services 61 - (212) 151
Video Production - Reading 23,750 (24,000) 250
Reading and language intervention Texas pilot
See and Learn materials
See and Learn numbers (Big Lottery Fund)
Research Fund - General
Speech and language intervention
2,162
50
10,215
166
16,772
-
---
(2,162)
---

50
10,215
166
16,772
---
--- -
-
-
50
10,215
166
16,772
---
58,852
---
840
(24,212) (1,930)
33,550
840 (1,700)
32,690
--- --- --- --- --- --- =