## 

||Page|
|---|---|
|Report ofthe Trustees|2to 26|
|Report ofthe Independent<br>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|Number|1064646|||||
|---|---|---|---|---|---|---|---|---|
|Registered|Company||Number|3432423 (England<br>and|Wales)||||
|Patron||||HRH Princess Beatrice|||||
|Vice-Patron||||Susan Hampshire<br>CBE|||||
|Trustees (Directors)||||Michael-John<br>Albert BCom (Hons), CA(SA),|||CA|—Treasurer|
|||||Laura Anthony<br>BA (Hons), ATII - appointed|||25.10.21||
|||||Tom Arkell|||||
|||||Joanna Dunbar-Webb|BA (Hons), LLB,|Dip|Psych, MA, CIPD—||
|||||appointed<br>26.10.21|||||
|||||Tim Harrison|||||
|||||Gary Hay BA (Hons), MBA—Chair|||||
|||||Simon Hepher<br>MRICS|||||
|||||Jonathan<br>Hetherington|BA(Hons), MSc (Ed), QTS||||
|||||Geraldine<br>Price PhD, MA (Special Education),||||BA, RSA Dip. SpLD, RSA|
|||||Dip. TESL, AMBDA, SpLD APC|||||
|||||Alison Sutton —appointed<br>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<br>Accountants|and Statutory|Auditors|||
|||||Station House|||||
|||||Connaught<br>Road|||||
|||||Brookwood|||||
|||||Woking|||||
|||||Surrey|||||
|||||GU24 OER|||||
|Bankers||||Lloyds Bank, Farnham,|Surrey||||





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||||fo|r the<br>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<br>and|legacies||||118,372|136,750|255,122|171,634|
|Charitable<br>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<br>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<br>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<br>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<br>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<br>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<br>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<br>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<br>from operations||||||200,841|6,615|
|Interest<br>paid||||||(3,001)|(501)|
|Net cash provided<br>by operating<br>activities||||||197,840|6,114|
|Cash flows from investing|activities|||||||
|Purchase of intangible<br>fixed assets||||||(15,800)|(2,100)|
|Purchase oftangible<br>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<br>in year||||||(3,132)||
|Net cash (used in)/provided|by financing||activities|||(3,132)|94,000|
|Change<br>in cash and cash equivalents||in|the|||||
|reporting<br>period||||||167,837|91,211|
|Cash and cash equivalents|at the beginning|||||||
|ofthe reporting<br>period||||||309,892|218,681|
|Cash and cash equivalents|at the end|of||||||
|the reporting<br>period||||||477,729|309,892|





## 

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|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<br>for:|||||||||
||Depreciation<br>charges|||||||9,497|15,164|
||Interest received|||||||(27)|(73)|
||Interest<br>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|





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|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<br>f|2020<br>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|





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||||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|



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|Raising donations<br>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|





## 

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## 

|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<br>—owned assets|||||4,299|3213|
|Website|amortisation||||5,199|11,952|



## 

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## 

## 

|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|





## 

|12.|COMPARATIVES|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|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<br>and|legacies||||92,084|79,550||171,634|
||Charitable<br>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<br>income|||||73|||73|
||Total|||||1,101,756|92,175||1,193,931|
||EXPENDITURE|ON||||||||
||Raising funds|||||7,666|||7,666|
||Charitable<br>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<br>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<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|---|
||||Unrestricted|Restncted|Total|
||||funds|funds|funds|
||||f|f|f|
||Net movement<br>in funds||(56,016)|(3,985)|(60,001)|
||RECONCILIATION<br>OF FUNDS|||||
||Total funds brought<br>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<br>2020|||59,722|59,722|
||Additions||15,000|800|15,800|
||At 31August 2021||15,000|60,522|75,522|
||AMORTISATION|||||
||At 1September<br>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<br>f|Plant 5 machinery<br>f|Fixtures 5fittings<br>f|Total<br>f|
||COST|||||
||At 1September<br>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<br>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|





## 

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## 

|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<br>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<br>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<br>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<br>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|





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|||||||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<br>Educational|||Trust|25,790||(25,790)||
|Restricted<br>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<br>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. ..|





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## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.9.19|in funds|funds|31.8.20|
||||E|E|E|E|
|Unrestricted<br>funds|||||||
|General fund|||118,665|(67,962)|11,946|62,649|
|Restricted funds|||||||
|Downlands<br>Educational||Trust|40,478|(14,688)||25,790|
|Farnham<br>institute|Charity||630|(630)|||
|Restricted<br>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<br>funds||||||
|General fund|||1,101,756|(1,169,718)|(67,962)|
|Restricted funds||||||
|Downlands<br>Educational||Trust||(14,688)|(14,688)|
|Farnham<br>Institute|Charity|||(630)|(630)|
|Restricted<br>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<br>funds||||||||
|General<br>fund||||118,665|(97,070)|37,736|59,331|
|Restricted funds||||||||
|Downlands<br>Educational|||Trust|40,478|(14,688)|(25,790)||
|Farnham<br>Institute||Charity||630|(630)|||
|Restricted<br>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<br>funds||||||
|General<br>fund|||2,320,873|(2,417,943)|(97,070)|
|Restricted funds||||||
|Downlands<br>Educational||Trust||(14,688)|(14,688)|
|Farnham<br>Institute|Charity|||(630)|(630)|
|Restricted<br>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)|



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