2022-09-30-accounts - Merseyside Society For Deaf People

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Chairman's	statement		1-2
Trustees'	report		3-10
Statement	oftrustees'	responsibilities
Independent auditor's		report	12 - 14
Statement	offinancial	activities	15 - 16
Balance sheet			17
Statement	of cash flows		18
Notes to the financial		statements	19-33

			Unrestricted	Restricted	Total	Total
			funds	funds
		Notes	2022	2022	2022	2021f
hmgmafmm;
Donations and	legacies		53,472	10,000	63,472	37,815
Charitable activities			788,251	151,990	940,241	840,617
Investments			68,379		68,379	55,170
Other income			3,212		3,212	6,957
Total income			913,314	161,990	1,075,304	940,559
x n I
Charitable activities			793,302	175,409	968,711	829,829
Total expenditure			793,302	175,409	968,711	829,829
Net movement	in funds		120,012	(13,419)	106,593	110,730
Reconciliation	offunds
Fund balances	at 1 October 2021		1,272,663	31,219	1,303,882	1,193,152
Fund balances	at 30September 2022		1,392,675	17,800	1,410,475	1,303,882

Prior financial	year
			Unrestricted	Restricted	Total
			funds	funds
			2021	2021	2021
		Notes	R		R
hg~mf~rm:
Donations and	legacies		28,665	9,150	37,815
Charitable activities			770,942	69,675	840,617
Investments			55,170		55,170
Other income			6,957		6,957
Total income			861,734	78,825	940,559
Ex endl ure
Charitable activities			782,223	47,606	829,829
Total expenditure			782,223	47,606	829,829
Net movement	in funds		79,511	31,219	110,730
Reconciliation	offunds
Fund balances	at 1 October 2020		1,193,152		1,193,152
Fund balances	at 30September 2021		1,272,663	31,219	1,303,882

				2022		2021
			Notes
Fixed assets
Tangible assets			12		1,148,228		1,180,130
Current assets
Debtors			14	147,365		133,329
Cash at bank and in		hand		776,011		566,042
				923,376		699,371
Creditors:	amounts	falling due within
one year			15	(205,157)		(79,491)
Net current	assets				718,219		619,880
Total assets less current liabilities					1,866,447		1,800,010
Creditors:	amounts	falling due after
more than	one year		17		(455,972)		(496,128)
Net assets					1,410,475		1,303,882
Income funds
Restricted '	funds		21		17,800		31,219
U	d funds
Designated	funds		22	52,500		52,500
General unrestricted		funds		1,316,184		1,196,172
Revaluation	reserve			23,991		23,991
					1,392,675		1,272,663
					1,410,475		1,303,882

				2022		2021
			Notes
Cash flows from operating	activities
Net cash provided by (used	in) operating		26
activities					191,384		146,170
Cash flows from investing	activities
Purchase oftangible fixed assets				(10,000)
Proceeds on disposal oftangible		fixed
assets						5,000
Investment income				68,379		55,170
Net cash provided by (used In)		financing
activities					58,379		60,170
Financing activities
Repayment ofbank loans				(39,794)		(16,981)
Net cash used in financing	activities				(39,794)		(16,981)
Net increase in cash and cash		equivalents			209,969		189,359
Cash and cash equivalents	at beginning		ofyear		566,042		376,683
Cash and cash equivalents	at end of		year		776,011		566,042

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2022	2022	2022	2021	2021	2021
				E	F
Donations	and gifts	5,045		5,045	2,079	9,150	11,229
Legacies	receivable	48,427		48,427	13,000		13,000
Grants receivable			10,000	10,000	13,586		13,586
		53,472	10,000	63,472	28,665	9,150	37,815

			2022	2021
				F
Education, welfare and support
Income from charitable		activities	288,174	347,522
Services provided	under	contract	501,827	423,420
Performance related grants			150,240	69,675
			940,241	840,617
Analysis by fund
Unrestricted funds			788,251
Restricted funds			151,990
			940,241
For the year ended 30		September 2021
Unrestricted funds				770,942
Restricted funds				69,675
				840,617

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
Rental	income	68,120	54,880
Interest	receivable	259	290
		68,379	55,170

		Unrestricted	Unrestricted
		funds	funds
		2022f	2021 f.
Net gain on disposal oftangible	fixed assets		5,000
Other income		3,212	1,957
		3,212	6,957

		2022	2021
Education, welfare	and support
Staff costs		569,719	504,060
Exam fees		6,491	11,237
Other costs		43,652	15,244
		619,862	530,541
Share ofsupport costs (see note 8)		308,757	264,848
Share ofgovernance	costs (see note 8)	40,092	34,440
		968,711	829,829
Analysis by fund
Unrestricted funds		793,302	782,223
Restricted funds		175,409	47,606
		968,711	829,829

Support	costs
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
		R	R
Staff costs		66,744		66,744	68,528		68,528
Depreciation		41,902		41,902	41,322		41,322
Premises	costs	50,388		50,388	50,341		50,341
Office costs		63,581		63,581	61,561		61,561
Other costs		86,142		86,142	43,096		43,096
Audit fees			7,000	7,000		6,400	6,400
Accountancy			4,732	4,732		7,527	7,527
Legal and	professional		28,360	28,360		20,513	20,513
		308,757	40,092	348,849	264,848	34,440	299,288
Analysed	between
Charitable	activities	308,757	40,092	348,849	264,848	34,440	299,288

The analysis ofauditoVs remuneration
Fees payable to the charity's auditor	2022	2021f
Audit ofthe charity's annual accounts	7,000	6,400
Nonwudit services
All other non-audit services	4,732	7,527

The averag	e	monthly number ofemployees during the	year was:
			2022	2021
			Number	Number
Charitable	activity		25	22
Management		and support	4	3
			29	25
Employment		costs	2022	2921
			E
Wages and		salaries	587,389	528,716
Social security costs			34,986	31,228
Other pension costs			14,088	12,644
			636,463	572,588

Tangible fix	ed a	sset	s
				Freehold land	Fixtures,	Computers	Total
				and bulldlngs	flttlngs and
					equIpment
					R
Cost
At 1 October	2021			1,268,170	98,180	1,549	1,367,899
Additions						10,000	10,000
At 30September		2022		1,268,170	98,180	11,549	1,377,899
Depreciation	and impairment
At 1 October	2021			123,780	63,059	930	187,769
Depreciation	charged		in the year	24,756	14,836	2,310	41,902
At 30September		2022		148,536	77,895	3,240	229,671
Carrying amount
At 30September		2022		1,119,634	20,285	8,309	1,148,228
At 30September		2021		1,144,390	35,121	619	1,180,130

	reliably w	ithout undue costs	ithout undue costs	to	the charity.
13	Financial	instruments				2022	2021
							f.
	Carrying	amount	offinancial		assets
	Debt instruments		measured	at	cost	885,156	657,232
	Carrying	amount	offinancial		liabilities
	Measured	at cost				533,138	560,919

14	Debtors
								2022	2021
	Amounts falling		due within one year:
	Trade debtors							109,145	91,189
	Prepayments	and	accrued income					3,920	3,920
								113,065	95,109
								2022	2021
	Amounts falling		due after	more than one year:					R
	Prepayments	and	accrued income					34,300	36,220
	Total debtors							147,365	133,329
15	Creditors: amounts falling			due within one year
								2022	2021
							Notes	R
	Bank loans						16	39,794	39,432
	Deferred income						16	127,991	14,700
	Trade creditors							24,648	15,400
	Other creditors							2,584	1,919
	Accruals							10,140	8,040
								205,157	79,491
16	Deferred income
								2022	2021
									E
	Other deferred	income						127,991	14,700
	Deferred income		is induded	in the financial	statements	as follows:
								2022	2021
								R
	Total deferred	income at 1 October 2021						14,700	14,700
	Amounts received		in year					127,991
	Amounts credited		to statement offinancial		activities			(14,700)
	Total deferred	income at 30September 2022						127,991	14,700

Credi	tors: amounts falling due atter	more than one year
			2022	2021
		Notes	f.
Bank	loans	18	455,972	496,128

Loans
		2022f	2021
Bank loans		495,766	535,560
Payable	within one year	39,794	39,432
Payable	after one year	455,972	496,128
Amounts	included above which fall due atter five years:
Payable	by instalments	289,041	332,940

	2022	2021
		6
Within one year	475	8,889
Between two and five years		475
	475	9,364

	2022	2021
		R
Within one year	58,800	61,717
Between two and five years	235,200	235,200
In over five years	264,600	323,400
	558,600	620,317

				th		~ Cs4 SD4 O Q Etsc C sh C w —CL	~ Cs4 SD4 O Q Etsc C sh C w —CL							O 0 CO	O 0 OO					CI 00
				m
				Ch			Cl
				PL O Is=	N	I Vl			00 Csl0	LA 0 IA	0 CA 0	h. 09 O ts)	O 0 O IA		O %8 Cp O		CA 'sh' Pl	O ~		0) CI IA
				O0I CL	C 8	ID N									CD		CLI
				hl	C	Ll
				0	C			I	S		O	'	'	'	Is	O		O		0
				Ch2 C0'0	0I 0	QQ				CO					CA O V	O v-	CA CD	IA		CD CI Cl
				Yl
				N Ol '0 C CD MC0 COC0'o	N	C 5 Q C hl I05 Cl	CV O Csl s SD ~Q0	LA CLI Csl	00 CD 0 'Ct W CII IA	s0' Csl c- FP CA 00 IA CLI	O Csc Csl 00 O CIII	h 0D 0 Cs) O 0 Cl	O 0 0 IA	O 0 CA					00	CD Cst Cs) CA0 Cl
				0
				hl
				C CD		Cl E		IA IA CA C9c-		0 h	O	ls	O O	O O						IA Csl CA
				C0 C)0		QC		Cssl Csl	CD	IA			IA							00
				m
				C
				m0. lt mC		5 Q C	O Cst s-
				Ol C		Ch Ch CI	hl CI O ~ Q0
				0
	CI			Cl
				OI
Z J I-Z p 0 LLI4 LLlg LI LLl I- pl-Z LIZ+ 0)R		C 4l		Ch 'C0. E0 O Vl C CD O Ch m Cl				'0 C C			hlCo CL E
				c3				'N			O	m O	'0 C
												mC	LL
		0		NC O				o& 0'0 c			E 0 O		C E			C LL
P ~~Z 40 —u. 0Jz g y I- yZO		Q C	'6 C Cl O 'C Ch LLI	'6 0 hl C I~ Cl E 8 m I-				C0 (g Ch O D .0I C c~&:= 00 I2 C gO 0 c O N Ol p S m LLI cmm& OZQ&				m 0 0 CA C0 m CO C0 O	E0 O m0 CL 0 M	C LL OI C CO	Ol C'0 C 5	C sp 0S p Ch O C.0 0~ QO oc ch ~ c E c o 0 p II s e-E g h&oo
LLlPO Xva		O	Csc

							Movement
							in funds
				Balance at	Transfers	Balance at	Incoming	Balance at
			1	October 2020		1October 2021	resources	30September
								2022
Future	property	fund			52,500	52,500		52,500
					52,500	52,500		52,500

Analysis o	f net assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		2022	2022	2022	2021	2021	2021
				R	F
Fund balances at
30September
2022 are
represented	by:
Tangible assets		1,148,228		1,148,228	1,180,130		1,180,130
Current assets/(liabilities)		700,419	17,800	718,219	588,661	31,219	619,880
Long term	liabilities	(455,972)	-	(455,972)	(496,128)	-	(496,128)
		1,392,675	17,800	1,410,475	1,272,663	31,219	1,303,882

Cash generated from	Cash generated from	operations				2022 K	2021f
Net income/(expenditure)		for the year (as per the statement			offinancial
activities)						106,593	110,730
Adjustments for:
Investment income	recognised in statement		offinancial	activities		(68,379)	(55,170)
Gain on disposal of	tangible fixed assets						(5,000)
Depreciation and impairment oftangible fixed assets						41,902	41,322
Movements in working		capital:
(Increase)/decrease	in	debtors				(14,036)	60,822
Increase/(decrease)	in	creditors				12,013	(6,534)
Increase in deferred	income					113,291
Net cash provided	by	(used in) operating	activities			191,384	146,170