2021-08-31-accounts - Helen Arkell Dyslexia Charity

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	Page
Report ofthe Trustees	2to 26
Report ofthe Independent Auditors	27to 28
Statement of Financial Activities	29to 30
Balance Sheet	31
Cash Flow Statement	32
Notes to the Cash Flow Statement	33
Notes to the Financial Statements	34to 44

Registered	Charity	Number	1064646
Registered	Company	Number	3432423 (England and	Wales)
Patron			HRH Princess Beatrice
Vice-Patron			Susan Hampshire CBE
Trustees (Directors)			Michael-John Albert BCom (Hons), CA(SA),			CA	—Treasurer
			Laura Anthony BA (Hons), ATII - appointed			25.10.21
			Tom Arkell
			Joanna Dunbar-Webb	BA (Hons), LLB,	Dip	Psych, MA, CIPD—
			appointed 26.10.21
			Tim Harrison
			Gary Hay BA (Hons), MBA—Chair
			Simon Hepher MRICS
			Jonathan Hetherington	BA(Hons), MSc (Ed), QTS
			Geraldine Price PhD, MA (Special Education),				BA, RSA Dip. SpLD, RSA
			Dip. TESL, AMBDA, SpLD APC
			Alison Sutton —appointed 25.10.21
			Pete Watson BSc(Hons)
Chief Executive			Andy Cook MA (Cantab)
Registered	Office		Helen Arkell Dyslexia Charity
			24, West Street
			Farnham
			Surrey
			GU9 7DR
Web site			www. helena rkell.org.	uk
Auditors			HPCA Ltd
			Chartered Accountants	and Statutory	Auditors
			Station House
			Connaught Road
			Brookwood
			Woking
			Surrey
			GU24 OER
Bankers			Lloyds Bank, Farnham,	Surrey

			fo	r the ear en	ded 31Au ust	2021
							2021	2020
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes	f	f	f	f
INCOME AND	ENDOWMENTS		FROM
Donations and	legacies				118,372	136,750	255,122	171,634
Charitable activities
Bookshop					48,085		48,085	42,901
Tuition					130,545		130,545	142,712
Assessments					564,999		564,999	556,444
Courses					334,219		334,219	253,572
Other					3,120		3,120	2,527
Central staff					13,690		13,690	5,990
Shared overheads					2,510		2,510	501
Other trading	activities				3,550		3,550	17,577
Investment income					27		27	73
Total					1,219,117	136,750	1,355,867	1,193,931
EXPENDITURE	ON
Raising funds					3,448		3,448	7,666
Charitable activities
Bookshop					31,642		31,642	34,332
Tuition					179,651	6,265	185,916	121,410
Assessments					487,347	82,547	569,894	526,465
Courses					255,616	11,370	266,986	263,582
Other								459
Central staff					146,677		146,677	147,841
Shared overheads					143,844		143,844	152,177
Total					1,248,225	100,182	1,348,407	1,253,932
NET INCOME/(EXPENDITURE)					(29,108)	36,568	7,460	(60,001)
Transfers between		funds		21	25,790	(25,790)

		f	or the ear e	nded 31Au ust	2021
						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	f	f	E	f
Net movement	in funds			(3,318)	10,778	7,460	(60,001)
RECONCILIATION	OF	FUNDS
Total funds brought		forward		62,649	51,668	114,317	174,318
TOTAL FUNDS CARRIED FORWARD				59,331	62,446	121,777	114,317

	31A	u ust 2021
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f	f	f	f
FIXEDASSETS
Intangible assets	13	19,757		19,757	9,156
Tangible assets	14	16,432		16,432	9,633
		36,189		36,189	18,789
CURRENT ASSETS
Stocks	15	32,228		32,228	30,520
Debtors	16	140,161		140,161	93,194
Cash at bank and in hand		152,783	324,946	477,729	309,892
		325,172	324,946	650,118	433,606
CREDITORS
Amounts falling due within one year	17	(229,963)	(150,000)	(379,963)	(247,211)
NET CURRENT ASSETS		95,209	174,946	270,155	186,395
TOTAL ASSETS LESS CURRENT LIABILITIES
		131,398	174,946	306,344	205,184
CREDITORS
Amounts falling due after more than one year	18	(72,067)	(112,500)	(184,567)	(90,867)
NET ASSETS		59,331	62,446	121,777	114,317
FUNDS	21
Unrestricted funds				59,331	62,649
Restricted funds				62,446	51,668
TOTAL FUNDS				121,777	114,317

				CASH FLOW STATEMENT	CASH FLOW STATEMENT
			for	the	ear ended 31Au ust	2021
						2021	2020
				Notes		f	E
Cash flows from operating	activities
Cash generated from operations						200,841	6,615
Interest paid						(3,001)	(501)
Net cash provided by operating activities						197,840	6,114
Cash flows from investing	activities
Purchase of intangible fixed assets						(15,800)	(2,100)
Purchase oftangible fixed	assets					(11,098)	(6,876)
Interest received						27	73
Net cash used in investing	activities					(26,871)	(8,903)
Cash flows from financing	activities
New loans in year							94,000
Loan repayments in year						(3,132)
Net cash (used in)/provided	by financing		activities			(3,132)	94,000
Change in cash and cash equivalents		in	the
reporting period						167,837	91,211
Cash and cash equivalents	at the beginning
ofthe reporting period						309,892	218,681
Cash and cash equivalents	at the end	of
the reporting period						477,729	309,892


1.	RECONCILIATION	OF NET INCOME/(EXPENDITURE)				TO NET CASH	FLOW FROM	OPERATING ACTIVITIES
								2021	2020
								E	E
	Net income/(expenditure)			for the reporting	period	(as per the
	Statement of Financial Activities)							7,460	(60,001)
	Adjustments for:
	Depreciation charges							9,497	15,164
	Interest received							(27)	(73)
	Interest paid							3,001	501
	(Increase)/decrease		in stocks					(1,708)	3,530
	(Increase)/decrease		in debtors					(46,967)	99,673
	Increase/(decrease)		in creditors					229,585	(52,179)
	Net cash provided	by operations						200,841	6,615
2.	ANALYSIS OF CHANGES			IN NET FUNDS
							At 1.9.20	Cash flow	At 31.8.21
							E	f	E
	Net cash
	Cash at bank and	in	hand				309,892	167,837	477,729
							309,892	167,837	477,729
	Debt
	Debts falling due within			1year			(3,133)	(15,667)	(18,800)
	Debts falling due after 1			year			(90,867)	18,800	(72,067)
							(94,000)	3,133	(90,867)
	Total						215,892	170,970	386,862

DONATIONS	AND LEGACIES
			2021	2020
			f	f
Donations			255,122	166,634
Legacies				5,000
			255,122	171,634
OTHER TRADING ACTIVITIES
			2021	2020
			f	f
Fundraising	events		3,550	17,577
INVESTMENT INCOME
			2021	2020
			f	f
Deposit account interest			27	73
INCOME FROM CHARITABLE		ACTIVITIES
		Activity	2021 f	2020 f
Income		Bookshop	45,482	39,171
CJRS Income		Bookshop	2,603	3,730
Income		Tuition	123,155	137,966
QRS Income		Tuition	7,390	4,746
Income		Assessments	530,941	519,114
QRS Income		Assessments	34,058	37,330
Income		Courses	08,983	214,471
QRS Income		Courses	25,236	39,101
Carried forward			1,077,848	995,629

			2021	2020
			f	f
Brought forward			1,077,848	995,629
Income	Other		3,120	2,527
QRS Income	Centra	I staff	13,690	5,990
CBILincome	Shared	overheads	2,510	501
			1,097,168	1,004,647

Raising donations and legacies
		2021	2020
		f	f
Fun draising		3,448	7,666
CHARITABLE ACTIVITIES COSTS
		Support
	Direct	costs (see
	Costs	note 8)	Total
	f	f	f
Bookshop	31,642		31,642
Tuition	185,916		185,916
Assessments	569,894		569,894
Courses	266,986		266,986
Central staff	146,677		146,677
Shared overheads		143,844	143,844
	1,201,115	143,844	1,344,959

SUPPOR	T COSTS
					Governance
			Management	Finance	costs	Total
			f	E	f	E
Shared overheads			135,293	3,001	5,550	143,844
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated	after charging/(crediting):
					2021	2020
					E	E
Auditors'	remuneration				5,550	5,500
Depreciation —owned assets					4,299	3213
Website	amortisation				5,199	11,952

STAFF	COSTS
		2021	2020
		E	E
Wages	and salaries	671,266	641,362
Social	security costs	63,021	50,570
Other	pension costs	12,375	12,134
		746,662	704,066

		2021	2020
Charitable	activities	43	46
Fundraising	8 Communications	3	2
Support Services		2	2
		48	50

COMPARATIVES	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted		Total
				funds	funds		funds
				f	E		f
INCOME AND	ENDOWMENTS		FROM
Donations and	legacies			92,084	79,550		171,634
Charitable activities
Bookshop				42,901			42,901
Tuition				142,712			142,712
Assessments				556,444			556,444
Courses				253,572			253,572
Other				2,527			2,527
Central staff				5,990			5,990
Shared overheads				501			501
Other trading	activities			4,952	12,625		17,577
Investment income				73			73
Total				1,101,756	92,175		1,193,931
EXPENDITURE	ON
Raising funds				7,666			7,666
Charitable activities
Bookshop				34,332			34,332
Tuition				112,204	9,206		121,410
Assessments				452,087	74,378		526,465
Courses				263,582			263,582
Other				459			459
Centra I staff				147,841			147,841
Shared overheads				151,547		630	152,177
Total				1,169,718	84,214		1,253,932
NET INCOME/(EXPENDITURE)				(67,962)	7,961		(60,001)
Transfers between		funds		11,946	(11,946)

12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restncted	Total
			funds	funds	funds
			f	f	f
	Net movement in funds		(56,016)	(3,985)	(60,001)
	RECONCILIATION OF FUNDS
	Total funds brought forward		118,665	55,653	174,318
	TOTAL FUNDS CARRIED FORWARD		62,649	51,668	114,317
13.	INTANGIBLE FIXEDASSETS
			Software	Website	Total
			f	f	f
	COST
	At 1September 2020			59,722	59,722
	Additions		15,000	800	15,800
	At 31August 2021		15,000	60,522	75,522
	AMORTISATION
	At 1September 2020			50,566	50,566
	Charge for year			5,199	5,199
	At 31August 2021			55,765	55,765
	NET BOOK VALUE
	At 31August 2021		15,000	4,757	19,757
	At 31August 2020			9,156	9,156
14.	TANGIBLE FIXEDASSETS
	Improvements	to property f	Plant 5 machinery f	Fixtures 5fittings f	Total f
	COST
	At 1September 2020	80,670	83,527	15,161	179,358
	Additions	4,685	6,413		11,098
	At 31August 2021	85,355	89,940	15,161	190,456
	DEPRECIATION
	At 1September 2020	78,556	77,825	13,344	169,725
	Charge for year		3,242	1,057	4,299
	At 31August 2021	78,556	81,067	14,401	174,024
	NET BOOK VALUE
	At 31August 2021	6,799	8,873	760	16,432
	At 31August 2020	2,114	5,702	1,817	9,633

STOCKS
									2021	2020
									f	f
Stocks									32,228	30,520
DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
									2021	2020
									f	f
Trade debtors									135,002	85,336
VAT									337
Prepayments and		accrued		income					4,822	7,858
									140,161	93,194
Within Trade debtors			isf133,903		(2020:	f85,246 )ofsales invoices which have been raised in the year				but rela
to services which		will	be	provided	in the	following year.	Accordingly	this income	will be recognised	in the ye
ended 31st August		2022 and is included				within deferred	income at the balance sheet date.
CREDITORS: AMOUNTS FALLING					DUE WITHIN ONE YEAR
									2021	2020
									f	f
Bank loans and overdrafts				(see note 19)					18,800	3,133
Trade creditors									6,883	4,096
Social security and other				taxes					19,283	13,976
VAT										139
Accruals and deferred			income						169,385	114,355
Accrued expenses									15,612	38,162
Deferred income		-19/20		Courses						73,350
Aegis Charitable	Trust		21/22 Income						150,000
									379,963	247,211

CRED	ITORS: AM	OUNTS FALLING DUE AFTER MORE THAN O	NE YEAR
			2021	2020
			f	f
Bank	loans (see	note 19)	72,067	90,867
Aegis	Charitable	Trust 22/23 Income	112,500
			184,567	90,867

						2021	2020
						f	f
Within one year						17,116	17,949
Between one	and five years					5,674	9,457
						22,790	27,406
MOVEMENT	IN	FUNDS
					Net	Transfers
					movement	between	At
				At 1.9.20	in funds	funds	31.8.21
				f	f	f	f
Unrestricted	funds
General fund				62,649	(29,108)	25,790	59,331
Restricted funds
Downlands Educational			Trust	25,790		(25,790)
Restricted Bursaries				23,733	8,364		32,097
FAST Projects				2,145	(2,145)
Aegis Charitable		Trust			30,349		30,349
				51,668	36,568	(25,790)	62,446
TOTAL FUNDS				114,317	7,460		121,777
Net movement		in funds,	included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					f	f	f
Unrestricted	funds
General fund					1,219,117	(1,248,225)	(29,108)
Restricted funds
Restricted Bursaries					99,250	(90,886)	8,364
FAST Projects						(2,145)	(2,145)
Aegis Charitable		Trust			37,500	(7,151)	30,349
					136,750	(100,182)	36,568
TOTAL FUNDS					1,355,867	(1,348,407)	7,460
							continued. ..

				Net	Transfers
				movement	between	At
			At 1.9.19	in funds	funds	31.8.20
			E	E	E	E
Unrestricted funds
General fund			118,665	(67,962)	11,946	62,649
Restricted funds
Downlands Educational		Trust	40,478	(14,688)		25,790
Farnham institute	Charity		630	(630)
Restricted Bursaries			5,155	30,524	(11,946)	23,733
FAST Projects			9,390	(7,245)		2,145
			55,653	7,961	(11,946)	51,668
TOTAL FUNDS			174,318	(60,001)		114,317

			Incoming	Resources	Movement
			resources	expended	in funds
			f	E	E
Unrestricted funds
General fund			1,101,756	(1,169,718)	(67,962)
Restricted funds
Downlands Educational		Trust		(14,688)	(14,688)
Farnham Institute	Charity			(630)	(630)
Restricted Bursaries			92,175	(61,651)	30,524
FAST Projects				(7,245)	(7,245)
			92,175	(84,214)	7,961
TOTAL FUNDS			1,193,931	(1,253,932)	(60,001)

					Net	Transfers
					movement	between	At
				At 1.9.19	in funds	funds	31.8.21
				f	f	f	f
Unrestricted funds
General fund				118,665	(97,070)	37,736	59,331
Restricted funds
Downlands Educational			Trust	40,478	(14,688)	(25,790)
Farnham Institute		Charity		630	(630)
Restricted Bursaries				5,155	38,888	(11,946)	32,097
FAST Projects				9,390	(9,390)
Aegis Charitable	Trust				30,349		30,349
				55,653	44,529	(37,736)	62,446
TOTAL FUNDS				174,318	(52,541)		121,777

			incoming	Resources	Movement
			resources	expended	in funds
			f	f	f
Unrestricted funds
General fund			2,320,873	(2,417,943)	(97,070)
Restricted funds
Downlands Educational		Trust		(14,688)	(14,688)
Farnham Institute	Charity			(630)	(630)
Restricted Bursaries			191,425	(152,537)	38,888
FAST Projects				(9,390)	(9,390)
Aegis Charitable	Trust		37,500	(7,151)	30,349
			228,925	(184,396)	44,529
TOTAL FUNDS			2,549,798	(2,602,339)	(52,541)