| Page | |
|---|---|
| Company information | 1 |
| 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 o f Management | Eileen Fenerty Lyons |
| Jude Monk McGowan | |
| John Everett | |
| Caz Davies | |
| Terry Rotheram | |
| Principal Office | 37 Colonnades |
| Albert Dock | |
| Liverpool | |
| L3 4AA | |
| Website | www.dyslexiafoundation.co.uk |
| Registered Office | d 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 | 2022 | 2021 | |
| £ | £ | £ | f | ||
| Income and expenditure | |||||
| Incoming resources | |||||
| Donations and grants | 2 | 78,403 | 24,950 | 103,353 | 13,169 |
| Incorrid arising from operating activities | 3 | 335,530 | 335,530 | 451,845 | |
| Total incoming resources | 413,933 | 24,950 | 438,883 | 465,014 | |
| Resources expended | |||||
| Direct charitable expenditure | |||||
| Charitable expenses | 4 | 80,031 | 80,031 | 83,787 | |
| Support costs | 5 | 269,483 | 269,483 | 330,435 | |
| 349,514 | 349,514 | 414,222 | |||
| Other expenditure | |||||
| Administration and management | 6 | 176,848 | 176,848 | 51,295 | |
| 526,362 | 526,362 | 465,517 | |||
| Net income/(expenditure) for the year | (112,429) | 24,950 | (87,479) | (503) | |
| Reserves at 1 January 2022 | 195,956 | 195,956 | 196,459 | ||
| Reserves at 31 December 2022 | 13 | 83,527 | 24,950 | 108,477 | 195,956 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed assets | |||||
| Intangible assets | 8 | ||||
| Tangible assets | 9 | 3,522 | 4,144 | ||
| Current assets | |||||
| Debtors | 10 | 57,050 | 185,022 | ||
| Cash at bank and in hand | 70,964 | 22,815 | |||
| 128,014 | 207,837 | ||||
| Creditors: amounts due within one year | 11 | 23,059 | 16,025 | ||
| Net current assets | 104,955 | 191,812 | |||
| Net assets | 108,477 | 195,956 | |||
| Represented by: | |||||
| Reserves | |||||
| Unrestricted funds | 13 | 83,527 | 195,956 | ||
| Restricted funds | 13 | 24,00 | |||
| Total reserves | 108,477 | 195,956 |
| 2 | Donations and grants | Unrestricted | Restricted | Total funds | Total funds |
|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Grant −Workers education | − | 15,000 | 15,000 | ||
| Support forDyslexia Adults (Lottery) | − | 9,950 | 9,950 | − | |
| Estate o f Gillan Heather Mason | 73,594 | 73,594 | |||
| Ecumenical Resources | − | 13,169 | |||
| Employment subsidy | 4,809 | 4,809 | |||
| 78,403 | 24,950 | 103,353 | 13,169 | ||
| 3 | Income arising from operating activities − | Unrestricted | Restricted | Total funds | Total funds |
| activities in furtherance of the charity's objects | funds | funds | 2022 | 2021 | |
| £ | £ | £ | £ | ||
| Assessments, training and DSA tutor costs | 335,530 | 335,530 | 419,534 | ||
| Sundry income | − | 32,311 | |||
| 335,530 | 335,530 | 451,845 | |||
| 4 | Charitable expenses | Unrestricted | Restricted | Total funds | Total funds |
| funds | funds | 2022 | 2021 | ||
| Dyslexia assessments and consultancy | 36,769 | 36,769 | 40,696 | ||
| Salary costs and expenses −tutors | 43,262 | 43,262 | 43,091 | ||
| 80,031 | 80,031 | 83,787 | |||
| 5 | Support costs | Unrestricted | Restricted | Total funds | Total funds |
| funds | funds | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Tutor costs | 220,971 | 220,971 | 301,810 | ||
| Conference, training & exhibition expenses | 48,512 | 48,512 | 28,625 | ||
| Depreciation −Computer equipment | − | − | |||
| 269,483 | 269,483 | 330,435 |
| 6 | Administration and management | Unrestricted | Restricted | Total funds | Total funds |
|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Rent and rates | 22,497 | 22,497 | 29,366 | ||
| Insurance | 1,838 | 1,838 | 2,457 | ||
| Stationery, post, advertising and books | 4,497 | 4,497 | 2,981 | ||
| Telephone and heat and light | 3,755 | 3,755 | 4,219 | ||
| Travelling expenses | 373 | 373 | 1,621 | ||
| Reporting accountant | 1,020 | 1,020 | 1,020 | ||
| Other accountancy and financial advice | 1,882 | 1,882 | 1,882 | ||
| Staff pension scheme | 6,533 | 6,533 | 6,335 | ||
| Payroll service | 479 | 479 | 599 | ||
| Subscription | 432 | 432 | − | ||
| Bank charges | 84 | 84 | 84 | ||
| Bad debts | 127,466 | 127,466 | |||
| Vehicle leasing | 5,370 | 5,370 | − | ||
| Depreciation −furniture and fittings | 622 | 622 | 731 | ||
| 176,848 | 176,848 | 51,295 | |||
| 7 | Staff costs and numbers | 2022 | 2021 | ||
| The average number of 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 | |||||
| At 1 January 2022 | 31,250 | 31,250 | |||
| Additions | |||||
| Disposals | |||||
| At 31 December 2022 | 31,250 | 31,250 | |||
| Depreciation | |||||
| At 1 January 2022 | 31,250 | 31,250 | |||
| Charge for the year | |||||
| Disposals | |||||
| −^ | |||||
| At 31 December 2022 | 31,250 | 31,250 | |||
| Net book value | |||||
| At 31 _December_2022 | |||||
| At 31 December 2021 | |||||
| 9 | Tangible fixed assets | Motor Vehicle |
Computers and video equipment |
Furniture and fittings |
Total |
| Cost | |||||
| At 1January 2022 | 49,495 | 23,001 | 72,496 | ||
| Additions | |||||
| Disposals | |||||
| At 31 _December_2022 | 49,495 | 23,001 | 72,496 | ||
| Depreciation | |||||
| At 1 January 2022 | 49,495 | 18,857 | 68,352 | ||
| Charge for the year | 622 | 622 | |||
| Disposals | |||||
| At 31 December 2022 | 49,495 | 19,479 | 68,974 | ||
| Net book value | |||||
| At 31 December 2022 | 3,522 | 3,522 | |||
| At 31 December 2021 | 4,144 | 4,144 |
| **10 ** | Debtors | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Trade Debtors | 52,950 | 180,416 | |||||
| Other debtors | 4,100 | 4,606 | |||||
| 57,050 | 185,022 | ||||||
| 11 | Creditors: amounts due within one year | 2022 | 2021 | ||||
| Tax & social security | 16,742 | 257 | |||||
| Other creditors | 6,317 | 15,768 | |||||
| 23,059 | 16,025 | ||||||
| 12 | Analysis of net assets between funds | Unrestricted | Restricted | Total funds | Total funds | ||
| funds | funds | 2022 | 2021 | ||||
| Intangible fixed assets | − | − | |||||
| Tangible fixed assets | 3,522 | 3,522 | 4,144 | ||||
| Net current assets | 104,955 | 104,955 | 191,812 | ||||
| • | 108,477 | −108,477 | 195,956 | ||||
| 13 | Movements in funds At |
1 January | Incoming resources |
Transfers between funds |
Outgoing resources |
At 31 December |
|
| £ | £ | £ | £ | ||||
| Restricted funds | |||||||
| Grant −Workers education | 15,000 | 15,000 | |||||
| Support for Dyslexia Adults (Lottery) | 9,950 | 9,950 | |||||
| Total restricted funds | 24,950 | 24,950 | |||||
| Unrestricted funds | |||||||
| Designated fund −chief | (109,304) | (109,304) | |||||
| executive payroll | |||||||
| General fund | 305,260 | 413,933 | (526,362) | 192,831 | |||
| Total unrestricted funds | 195,956 | 413,933 | (526,362) | 83,527 | |||
| Total funds | 195,956 | 438,883 | (526,362) | 108,477 |