2020-12-31-accounts - The Dyslexia Foundation

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	Page
Company information
Annual report o f the Committee o f Management	2 −3
Independent Examiner's Report to the Members	4
Statement o f financial activities	5
Balance sheet	6
Notes to the financial statements	7−12
The following schedule does not form part o f the statutory accounts
Detailed statement o f financial activities	Appendix 1

Incorporated	England and Wales −10 September 1999
Company Number	03839181
Charity Number	1080330
Chair	Eileen Fenerty Lyons
Directors and Council of Management	Brian Quinn
	Eileen Fenerty Lyons
	Jude Monk McGowan
	John Everett
Secretary	Brian Quinn
Principal Office	37 Colonnades
	Albert Dock
	Liverpool
	L3 4AA
Website	www.dyslexia−help.org
Registered Office	c/o McKenzie Philips
	22 Coronation Road
	Crosby
	Liverpool
	L23 5RQ
Bankers	Lloyds TSB plc
	Liverpool Law Courts
	309511 Branch
	P.O.Box 1000
	Liverpool
	BX1 1LT
Accountants and advisors	McKenzie Philips
	Tax Accountants
	22 Coronation Road
	Crosby
	Liverpool
	L23 5RQ
Reporting accountant	A P Bradshaw FFA FFTA
	22 Coronation Road
	Crosby
	Liverpool
	L23 5RQ

		Unrestricted	Restricted	Total funds	Total funds
	Note	funds	funds	2020	2019
		£	i	i	i
Income and expenditure
Incoming resources
Income arising from operating activities	3	529,222		529,222	486,610
Total incoming resources		529,222		529,222	499,990
Resources expended
Direct charitable expenditure
Charitable expenses	4	114,444		114,444	118,977
Support costs	5	369,767		369,767	334,243
		484,211		484,211	453,220
Other expenditure
Administration and management	6	39,289		39,289	49,297
		523,500		523,500	502,517
Net income/(expenditure) for the year		5,722		5,722	(2,527)
Reserves at 1 January 2020		190,737		190,737	193,264
Reserves at 31 December 2020	13	196,459		196,459	190,737

		2020		2019
	Note
Fixed assets
Intangible assets	8
Tangible assets	9		4,875		5,735
Current assets
Debtors	10	131,357		147,761
Cash at bank and in hand		62,944		40,304
		194,301		188,065
Creditors: amounts due within one year	11	2,717		3,063
Net current assets			191,584		185,002
Net assets			196,459		190,737
Represented by:
Reserves
Unrestricted funds	13		196,459		190,737
Restricted funds	13
Total reserves			196,459		190,737

3	Income arising from operating activities −	Unrestricted	Restricted	Total funds	Total funds
	activities in furtherance of the charity's objects	funds	funds	2020	2019
		£	£	£	£
	Assessments, training and DSA tutor costs	479,261		479,261	486,610
	Sundry income	49,962		49,962	−
		529,222		529,222	486,610
4	Charitable expenses	Unrestricted	Restricted	Total funds	Total funds
		funds	funds	2020	2019
	Dyslexia assessments and consultancy	16,825		16,825	61,250
	Salary costs and expenses −tutors	97,619		97,619	57,727
		114,444		114,444	118,977
5	Support costs	Unrestricted	Restricted	Total funds	Total funds
		funds	funds	2020	2019
		£	£	£	£
	Tutor costs	326,521		326,521	293,044
	Conference, training & exhibition expenses	43,246		43,246	40,504
	Depreciation −Computer equipment				695
		369,767		369,767	334,243

Administration and management	Unrestricted	Restricted	Total funds	Total funds
	funds	funds	2020	2019
	£	£	£	£
Rent and rates	16,493		16,493	27,702
Insurance	2,243		2,243	3,067
Stationery, post, advertising and books	2,675		2,675	1,633
Telephone and heat and light	5,124		5,124	5,290
Travelling expenses	1,747		1,747	2,444
Reporting accountant	1,020		1,020	1,020
Other accountancy and financial advice	1,882		1,882	1,869
Staff pension scheme	6,041		6,041	4,228
Payroll service	599		599	479
Bank charges	79		79	79
General office expenses	526	−	526	304
Depreciation −furniture and fittings	860	−	860	1,012
Professional subscriptions				170
	39,289		39,289	49,297

Staff costs and numbers	2020	2019
Salaries		65,024
Social Security costs		1,607
		66,632
No employee received remuneration amounting to more than £50,000 in either year.
No trustee received remuneration.
	2020	2019
The average number o f staff employed during the year was as follows:
Direct charitable work	2	2
Support, administration and management	3	3
	5	5

8	Intangible fixed assets			Software
				Development	Total
				Costs
	Cost
	A t 1 January 2020			31,250	31,250
	Additions
	Disposals
	A t 31 December 2020			31,250	31,250
	Depreciation
	A t 1 January 2020			31,250	31,250
	Charge for the year
	Disposals
	A t 31 December 2020			31,250	31,250
	Net book value
	A t 31 December 2020
	A t 31 December 2019
9	Tangible fixed assets	Motor Vehicle	Computers and video equipment	Furniture and fittings	Total
	Cost
	A t 1 January 2020		49,495	23,001	72,496
	Additions		−	_	−
	Disposals
	A t 31 December 2020		49,495	23,001	72,496
	Depreciation
	A t 1 January 2020		49,495	17,266	66,761
	Charge for the year			860	860
	Disposals
	A t 31 December 2020		49,495	18,126	67,621
	Net book value
	A t 31 December 2020			4,875	4,875
	A t 31 December 2019			5,735	5,735

10	Debtors	2020	2019
	Trade Debtors	126,359	138,860
	Other debtors	4,998	8,901
		131,357	147,761
11	Creditors: amounts due within one year	2020	2019
	Tax & social security	255	40
	Other creditors	2,462	3,023
		2,717	3,063

12	Analysis of net assets between funds		Unrestricted	Restricted	Total funds	Total funds
			funds	funds	2020	2019
	Intangible fixed assets		−			−
	Tangible fixed assets		4,875		4,875	5,735
	Net current assets		191,584		191,584	185,002
			196,459		196,459	190,737
13	Movements in funds	At I January	Incoming resources	Transfers between funds	Outgoing resources	At 31 December
		£	£		£	£
	Unrestricted funds
	Designated fund −chief	(109,304)				(109,304)
	executive payroll
	General fund	300,041	529,222		(523,500)	305,763
	Total unrestricted funds	190,737	529,222		(523,500)	196,459
	Total funds	190,737	529,222		(523,500)	196,459

	Unrestricted	Restricted	Total funds	Total funds
	funds	funds	2020	2019
Incoming resources
*Donations a n d grants*
Medicash				4,000
Awards for *all*				9,380
				13,380
*Income arising f r o m operating activities −*
*activities in furtherance o f the charity's objects*
Assessments, Training and DSA Tutors costs	479,261		479,261	486,610
Sundry income	49,962		49,962
	529,222		529,222	486,610
Total incoming resources	529,222		529,222	499,990

	Unrestricted	Restricted	Total funds	Total funds
	funds	funds	2020	2019
This schedule does not form part of the statutory accounts.
Resources expended
Direct charitable expenditure
*Charitable expenses*
Dyslexia assessments and consultancy	16,825		16,825	61,250
Salary costs and expenses −tutors	97,619		97,619	57,727
	114,444		114,444	118,977
*Support costs*
Tutor costs	326,521		326,521	293,044
Conference, training & exhibition expenses	43,246		43,246	40,504
Depreciation −Computers				695
	369,767		369,767	334,243
Other expenditure
*Administration and management*
Rent and rates	16,493		16,493	27,702
Insurance	2,243		2,243	3,067
Stationery, post, advertising and books	2,675	−	2,675	1,633
Telephone and heat and light	5,124		5,124	5,290
Travelling expenses	1,747		1,747	2,444
Reporting accountant	1,020		1,020	1,020
Accountancy and financial advice	1,882		1,882	1,869
Staff pension scheme	6,041		6,041	4,228
Payroll service	599		599	479
Bank charges	79		79	79
General office expenses	526		526	304
Depreciation −furniture and fittings	860	−	860	1,012
Professional subscriptions	−			170
	39,289		39,289	49,297
Total resources expended	523,500		523,500	502,517
Net income/(expenditure) for the year	5,722		5,722	(2,527)