Company reglstration number: 03941946
Charity registratlon number. 1Q82345
The Dyslexia Association
(A company Ilmited by guarantee)
Annual Report and Financial Stalements
for the Year Ended 31 December 2024
Page Kirk LLP
Chartered accountants and chartered tax advlsers
Sherwood House
7 Gregory BoulevaTd
Nottingham
NG7 6LB

The Dyslexia Association
Contents
Reference and Admlnlstratlve Detalls
Trustees, Report
2to11
Independent Examinetrs Report
12
statement of Financial Activities
131014
Balance Sheet
15to16
Notes to the Flnancial Statements
17to28

The Dyslexia Association
Reference and Administrative Details
Charity Reglstratlon Number
1082345
Company Reglstratlon Number 03941946
Trustees
D Caunt
T W Hiles
D Morley
N J Purcell
D Smith
Secretary
K E Carter
Reglstered Office
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB
James HayNood ACA
Page Kirk LLP
Chartered accountants and chartered tax advisers
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB
Barclays Bank PIC
Nottingham Group
PO Box 18
High Street
Nottingham
NG16FF
Independent Examlner
Bankers
Page 1

The Dyslexia Association
Trustees. Report
The trustees, who are dlrectors for the purposes of company law. pre58nt the annual report together
with the financial statements and auditors. report of the charitable company for the year ended 31
December 2024.
Reference and Admlnlstratlve Detalls
Charlty Registratlon Number.
Company Registration Number 03941946
The charfty Is incorporated in England and Wales.
SheN)od House
7 Gregory Boulevard
Notlingham
NG7 6LB
1082345
Registered Office:
Trustees and offlcers
The trustees who served the charity as directors of the company during the reporting period were as
follows:
Trustees:
D Caunt
A J Kays {reslgned 7 August 2024)
T W Hiles
J Mcmurray {resigned 7 August 2024)
D Morley
N J Purcell
D Smith (appointed 7 August 2024)
Secretary:
K E Carter
Page 2

The Dyslexia Associatlon
Trustees, Report
Chalrman's Introductlon for the year endlng 3111212024
The annual trustee report is a chance to acknowledge Ihe achievements of the year, celebrale
successes, and look towards the challenges and opportunities of the future.
The Dyslexla Association continues to meet Its core aims of supporting people of all ages with
dyslexia. as well as their fam1lieslca￿rs, educators. employers, and the wtder community. In 2024 the
charitrfs remit contlnued to include those with overlapping neurodlvergent differences and introduced
a new dyscalculla screening and assessment service. The charity also introduced a new
neurodlversity profiling tool, from DO-￿ Profiler, ak)ngside the Quickscreen real-time dyslexla test
using our new onllne shop.
The charity bad a solid fiscal year In 2023, finishing in profit and therefore confidently set a
ch811englng budget for 2024. This budget Included funding a new formal pay structure for employees
which had been identified by Trustees as Integral to ensurlng the ongoing success and commercial
stablllty of the organi5ation. Although the increased overheads resulted in a small loss for 2024, the
actlons were long overdue. As a direct consequence we have enhanced the worklng environment as
well as addressing several other key objectives In the strategic plan.
Our free Helpline and advice servlce remains a core activity of Ihe charity. The Helpllne is funded fiom
other income streams (chargeable services) and general fundraising activities. We remain commilted
to supporting this activity together wilh promoting the website as a means of informing and conductlng
a dialogue with individuals, parents, educators. employers, and Ihe publlc. The website serves as the
'shop windovd for the Association and is often the first point of contact with future clients. The way in
which we deliver these services changed in 2024 promulgated by the retirement of our deslgnated
Helpllne Advisor. We have reluGtanUy mothballed the dedicated telephone line and launched an onlina
contact form where indivlduals can request a call back This has aSlowed us £0 respond with outbound
scheduled helpllne calls at a more convenient time and avolds the need to Servi￿ ad hoc Inbound
telephone calls.
Our three-year strateglc plan. thich was agreed in 2023 and implemented at the beglnnlng of 2024,
Identifies four key focus areas, specifically delivering more charitable aclivity, bulldlng capacity.
renewing our strengths. and innovating for Ihe future. The plan also identifies measurable success
indicators whlch are monitored quarterly by trustees. Thus far, we have successfully completed and
delivered on over half of the activilles mandated in the 2024 - 2027 plan.
Page 3

The Dyslexia Association
Trustees. Report
Structure, Governance and Management
The Dyslexla Association (known throughout thls report as TDA or the Association) Is a company
Ilmlted by guarantee within the meaning of Ihe Companies Act 2006 and a registered charity governed
by the rules set out In our Memorandum and Articles of the company {last updated 1810712007). The
Association satisfies the requirement under Section 60 of the Companles Act 2006 to omit the word
°Limited° from its name. The Association has a board of trustees whlch Is empowered to make
decisions on behalf of the Association and does so at its regular meetlngs.
The board of trustees are responsible for the govemance of the charity and have the discretion under
the Companies Act to manage the chartty how it sees fit. provlding thls is In-line with the Articles of
Association and Charities Board guidance and rules of engagemenL
The board of trustees meets every quarter to review the performance and strategic plans and
objeclives of the Assoclatjon V¥ilh a quorum of no less than 3 trustees.
The board of trustees, delegates financial considerations lo their financial committee which meets
every quarter and reports direcuy to the board of trustees for all financial decisions.
Page 4

The Dyslexia Association
Trustees. Report
Recruitment and appointment of trustees
The TDA Board of Trustees is appointed In accordance with the Articles of Association of the
Company and the agreed terms of reference.
The company shall have a board of trustses comprfslng no less than five and no more than len
members, as follows: .
The Chairperson Is nominated by the board of trustees as a person who possesses the necessary
skills to lead the board of trustees and is officially appointed following an AGM (Annual General
Meeting) or at a general meeting if the post Is vacant.
The board of Irustee's shall comprise of a maxhnum of ten (10) trustees and a mlnimum of five (5)
who shall be members of the Association.
Proposed trustees shall be offlcially voted in and elected to the board as trustees at an Annual
General Meeting (AGM).
New trustees are interviewed In person by a minimum of 3 existlng members of the board of
trustees.
If the number of trustees falls below ten {10), then a maximum of four (4) tnjstees may be c04)pted
to fill the vacancies. The latter may or may not be members of the Association and will retire at Ihe
next AGM whereupon they may stand for re-eleclion.
Electlons shall be conducted in accordance with suth pmcedures as found within Ihe current
Artlcles of Association at that time.
Members elected to the board of Irustees shall serve for a perfod of three years.
All trustee posltions are advertised through Ihe charits/s network of members and supporters.
If a trustee elects to retire, Ihe trustee will be retired from the TDA Board of Dlrectors at Ihe next
general meeting following their written confinnaflon and notification of retlrement.
Retiring trustees shall be eliglble for re-eleclion in line with the Articles of Assoclation.
The TDA Board of Trustees may appoSnt a new temporary trustee to fill a casual vacancy on the
board in line Mrilh the Articles of Assoclatlon.
Prcspective trustees wi51 be Snvited to meet the current board of trustees and Association staff. The
declslon on whether to Invlte and subsequently co-opt the individual onto the board of trustees wlll
be determined by the skill sets on offer and whether these match and would benefit the
requirements of the Association. Where a can(fidate is considered suitable, the bo8rd of Iruste8
wlll take a vote on whether Éo appoint the person. Where the board signifies Its approval, th8
candidate will be appolnted to the board of trustees.
TDA accepted two twstee reslgnatlons in 2024 and coopted one new member on 0710812024. So, we
conunue with five trustees. however, we always welcome suitable candldates with appropriate skllls
and experience to join the board. At present, the board is of the opinion that it can function effeclively
with the minlmum number of trustees due to thelr experlence and approach and will continue to do so
pendlng the appointment of additional members.
Trustee Inductlon and Tralnlng
New trustees wll undergo an Induction process, Including an oveNiew of the Asscciatlon and its
strategic plans. It will also includ8 appropriate published guidance from the Charity Commission on
the roles and responslbilities of trustees and The Dyslexia Association temis of reference fcr trustees.
Page 5

The Dyslexia Association
Trustees, Report
Management of the Charlty
The trustees have delegated the day-to-day management of the charfty to their pemianent Chief
Execulive O￿le&r Kay Carter.
The board of trustees meet with the CEO quarterly at a pre-arranged date and time to discuss
business affalrs and conduct a review of the financial standlng of the Assoclation. Ad-hoc interim
meetlngs are also called to address speclfio projects or toplcs as required.
Corporate Governance
Internal controls over all fomis of commerclal commltment and expenditure continue to be refinod to
Improve efficlency. Processes are In place to ensure that perforni8nce Is monitored, and that
approprlate management Informatlon Is prepared and reviewed regularly by the CEO, the board of
trustees, and Ihe flnance committee.
The systems of intemal control are designed to provlde reasonable, but not absolute, assurancè
against maierial misstatement or loss. They include:
a strateglc plan and 8n annual budget approved by the trustees:
regular consideration by Ihe finance committee of financial results. variances from budgets,
performance indicators and non-financial perfomiance indicators;
delegatlon of day-to-day management authority and segregation of duties;
Identification and management of risks; wilh a nominated lead trustee.
Rlsk Management
New buslness contlnulty plan
Each trustee has a lead responsibility lor specific risks. Where appropriate, systems and procedures
have been establlshed to mitigate the risks the charity faces.
The trustees deterniined that a new buslness continuity plan incorporating risk management, and
Impact assessments was required and to be prepared and implemented during 2D24 to ensure all
current risks can be mitigated. Thls has been completed and is now subject to testing to the
satlsfaction of the trustees.
Objects. strateglc objectlves, and principal activlties of the charity
The trustees are keen to ensure Ihat the work of the charity Meets the publlc benefit requlrement
ouuined in Ihe guldance published by the Charity Commission
"Publlc Benefit: the publlc benefit
requirement. (published September 2013). To this end the trustees and management team make
certain that the overall purposes of the Association:
(a) remaln beneficlal in character; and
(b) that they benefit the public in general or a sufficient section of Ihe publiG; and
(c) in pursulng Its objectives. the Association continues to have regard to Charities Commission
guldance when exerclslng their powers and duties.
The objects and princlpal activities of the Associallon remain the provision of high qualily. professlonal
services for all neurodivergent Indlviduals and not just Ihose who are dyslexic. The principal objective
that underpins our work Ss to enrich the lives of all people with dyslexia by educating and infomiing the
public about the characteristics and where possible assisitng children and adulis with dyslexia to
reach thelr full potential.
Page 6

The Dyslexia Association
Trustees, Report
Actlvltles to complete TDA goals
The Association offers a range of services summarised briefly below.
A free, confidentlal service Ihat acts as the first point of contact
for many cllents initiated through a website enquiry. The service
provides information, advice, and guidance on all aspeGts of
dyslexia and other associated specific learning difficultles, as
well as Information about Ihe paid-for services avallable which
are provided by the Assoclatlon. The servlce also offers a
call-back funGtion for access to 8n advisor.
The Adult Network: Neurodiversity and Dyslexla Is a non-profit
coalition of dedicated organi5ations from across the UK
supporting adults within our community. The network hosts
monthly discussions. which are streamed vla a range of sites, to
bring Information. advice and guidance to all individuals who
identify as neurodivergent or dyslexic and features as part of our
charilable work.
Provided free of charge lo dyslexic clients and famllles as a
service to de-brfef diagnostic assessments and to provide
Assistive Technology advice or by way of a pre-tuitlon intervi8W.
A voluntary donation towards the cost of the advlce sessions is
appreciated but Is not a mandatory requirement.
This service Is avallable for both adults and chlldren to Identify
Indicators of dyslexia or dyscalculia.
1. Diagnoslic assessments of dyslexla for all ages admlnlstered
by a qualif18d professional.
2. Holistic assessments for a range of SpLDlneurodivergent
differences (Induding dyslexia) for adults.
3. Diagnostic assessments of dyscalculia for all ages up to
Iwenty-one.
Thls assessment Is for sludents and pupils who require written
evidence and recommendations for their exams, Ihis Is known as
Exams Access Arrangements.
Assessmenls admlnistered by a qualified & experienced dyslexla
specialisL Recommendations are made for bespoke reasonable
adjuslments in the Workpla￿ as part of the duty of the Equality
Act 2010.
Indivldual 1.1 workplace trainlng and coaching relating to speciflc
assistive technology software. and coping strategies.
For children and adults, tuitlon coverfng literacy. numeracy, study
skius. and attention to other areas of difficulty.
Helpline
ANND Network
Advlce Sesslons
Screenlng
Dlagnostlc Assessments
Exam Access Assessments
Workplace Needs Assessments
Workplace Support and Tralnlng
One-to-one Tultlon Servlces
Page 7

The Dyslexia Assoclation
Trustees. Report
With the exceptlons of the Helpllne, and ANND, our services are chargeable, and they provide the
charfty with an Income. We endeavour to keep our charges at reasonable and affordable levels, but
they are necessary to allow us to remain operational and make investments into the organisation to
cover operallonal overheads such as competitNe salaries, upgrades to hardware, staff CPD
(Continuous Professional Development) and the development of new programmes. Prices for the
different services are set and reviewed by the senior management team and overseen by th8 finance
committee. They are published on our website.
The Association's offices are located a mile from Nottingham city centre. The offices are In a shared
bulldlng that 18 owned by a local firm of accountsnts. We rent several 2dmlnlstrative and service
delivery rooms withln the building at a competitive rate given the squ8re footage and Ils locallon.
There is a large car park to the front of the bullding and disabled parklng to the rear to facllltate
access. The location of the office is well served by public transport havlng bus and tram stops nearby.
The office has good facilities to host disabled clients.
The crlterla and measures used to assess success In the reportlng perlod
Success is monltored by outcome data measured agalnst financlal budgets. The CEO also provldes a
written report to the board of trustees quarterly. Outcome data 55 quantified for each area of activity.
Real-time budget Information Is available to all trustees through the intemal (and secure) TDA
webpages. A KPI data set was agreed by trustees in 2024, and thls is monltored through the finance
committee every quarter.
Publlc Beneflt
Current research suggests that between 10-15% of the general populatlon experiences some level of
dyslexia. Within the East Midlands, this means that there are an estimated 5,500,000 (population 5.5
million) individuals who may have indicators of, and lived experience of, dyslexia. The Association's
charitable activities focus on the provision of services to these citizens, intending to provide Ihe
dlagnosis. training, and support necessary to help them PToductively manage their differences as well
as supporting parents. educators and employers and educating the wider community to raise
awareness of the conditlon.
Dyslexia is recognlsed as a neurodivergent difference, alongside ADHD (Attention Deficit Hyperactive
Disorder), dyspraxla. dyscalculia, and autism. To Ihis end TDA has begun to work across the wider
neurodivergent spectrum
The trustees agreed that from January 2020. 10% of any profit made would be added to the
Association's bursary funds each financial quarter. The funds will be used to support more cllents on
low incomes who would benefit from accessing our servlces. In 2024 the charity has supported twelve
individuals, and a local primary school. to access diagnostic assessments, screenings, speclalist
tuition, and advice on specialist teaching.
Due to th8 lack of profit made in 2024. trustees agreed not to make any contr5butlon to the bursary
fundlng poL This will mean that fundraising activities may be required in 2025 to help bolster charity
funding for Indlvlduals.
Fundraislng
The Association ralses funds through volunteers taklng part in challenge events and voluntary
donations from supporters. The charily adheres to the fundralslng regulations, and no cold calling
takes place.
Page 8

The Dyslexia Association
Trustees, Report
Achlevements, Flnanclal Perfornlance and Future Plans
Reserves Pollcy
The charity requI￿S reserves to allow TDA to functlon in the short term. The minimum level of
reserves to be malntained must also satisfy all TDA'S legal obligations should TDA cease to be a
going concem, enabling proper notice to be glven to staff and beneficlarles and for due payments to
be made to staff (statutory redundancy) and to other organisations wilh whom we do business.
The Injstees have considered the reserves currenuy held by the Association as of 31st December
2024 and have concluded that these meet corporate responsiblllties and are sufficient lo ensure that
the Assoclation continues to operate as a going concem In the future, The trustees have also
reviewed the requlrements and the rfsks faced by the As50clation In both tha short and medlum-term
and have a clear plans to execute In the event of a significant change in its financial posilion.
D8slgnated Dlssolutlon Fund
The unrestrtcted funds Include a designated dissolutlon fund of £43,987. Should Ihe charity cease to
be a golng concern at any stage. Ihis sum is required to satisfy all its legal and fiscal obligations. This
amount is reviewed annually to ensure the reserves remain appropriate to the circumstances of the
staff and the charity at the Ume Ihey are revlewed.
Bursary Fund
The bursary fund on 31st December 2024 was £8,091. During 2024 the charity fund provided financial
support for twelve indlvlduals and a local primary school. The charity funded a range of services
includlng diagnostic assessments. screenlngs, and specialist tultion and training.
General Fund
As of 31st December 2024. Ihe general fund was £231,030.
Future Plans
The accounts show a balance of unrestrtcted funds at the yearond of £283,108. After the deduction
of the designated dissolution and bursary funds, it leaves £231,030 equating to Just under nine
months runnlng costs.
Trustees have therefore committed to malnlaln the charivs long terni reserve account and to
re-assess the risks to which the organlsation Is exposed as it grows, relracts. or takes on new
commitments. The Association currently banks with three financlal OTganisallons, with the bulk of the
funds in one bank. This allows it to benefit from the prolection of the Financlal Conduct Authority
rules; the trustee5 have decided that funds should be spread across enough Independent financlal
organisations to keep each under the £85,000 limit.
At th8 year-end £106,649 was held within two Barclays bank accounts, and £175,092 was held wilhin
two charity savings accounts. Trustees opted to Invest in saving5 accounts with The Charity Bank,
and COIFF.
Page 9

The Dyslexia Assoclation
Trustees. Report
Accountlng Pollcies
The trustees conslder that there are no materfal un￿rtaIntieS about th8 Association's ability to
continue as a golng concern.
ApprecTatlon of Support
The trustees wish to express their gratitude to all those who have supported the charity durfng the
year, and particularly those supporters who have raised funds through personal sponsored challenges
and pa￿011 giving.
During 2024 the TDA receNed total donatlons of £21,441 from:
individuals directly
individuals via fundraising platforms (such as JustGivlng)
individuals via payroll giving
- corporate fundraising and other charitsble trust givlng
Unsolicited legacy glving
Movlng forward
TDA will continue to work towards ralsing awaren8ss of dyslexla and oiher forms of neurodiverslty
and the impact it can have on individuals. W8 wtll continue our aim of providlng high-quality servlces
lo meet the needs of people of all ages with dyslexia. as well as supporling their familleslcarers,
educators, and employers.
Page 10

The Dyslexia Association
Trustees. Report
statement of trustees. responslbllltles
The trustees (who are also the directors of The Dyslexia Assoclation for the purposes of company
law) are responsible for preparing Ihe trustees. report and the financial statements in accordance wlth
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted
Accounting Practlce). includlng FRS 102 'The Financial Reporting Standard appllcable in the UK and
Republic of Ireland..
Company law requires th8 trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financlal slatemenls unless they are satlsfied that
they glve a true and fair vlew of Ihe state of affairs of the charitable company and of the Incomlng
resources and application of resources. including its Income and expenditure, of the charitable
company for that period. In preparing these financial statements, Ihe trustees are required to:
select sultsble accounting policies and apply them consistent￿.
observe the methods and principles in the Charities SORP;
make Judgements and estlmates that are reasonable and PTudent:
stale whether appllcable accounting standards. comprising FRS 102 have been followed. subject
to any material departures disclosed and explained in the financi81 slatements: and
prepare Ihe financial statements on the going concem basis unless it is Inapproprfate to presume
that the charilable company will continue in buslness.
The Irustees are responsible for keeping proper accounting records that can disclose with reasonab18
accuracy at any ttme the financlal position of the charitable company and enable them to ensure that
the financial statements comply with the Companles Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the mairbtenance and Integrity of the corporate and financial
informatlon included on Ihe charitable CoMpan￿S websile. Legislation governlng the preparation and
dissemlnation of financial statements may differ from legislatlon In other Jurisdlctions.
Disclosure of Informatlon to audltor
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves
aware of any relevant audlt information and to establish that the charity's auditor is aware of that
information. The trustees confirm Ihat therels no Televant Informatlon Ihat Ihey know of and of which
they know the audStor is unawa
Trustee
Page 11

The Dyslexia Associatlon
Independent Examiner's Report to the trustees of The Dyslexia Association
('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2024.
Responslbllltles and basls of report
As Ihe charity's trustees of the Company (and also its dlrectors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companles Act 2006 <'lhe 2006 Act,).
Havlng sattsfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are ellglble for Independent examination, I report in respect of my examination
of your charity's aocounts as carried out under section 145 of the Charities Act 2011 {'thg 2011 Act,).
In carrylng out my examlnation I have followed the Directions given by the Charity Commission under
section 145{5)(b) of the 2011 ACL
Independent examlnels statement
Since Ihe Companls gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 ACL I confirm Ihat l am qualified to undertake th8 &X8mination
because l am a member of the ICAEW. which is one of the listed bodies.
I have completed my examlnatlon. I confimi that no matters have come to my atlentlon In connecllon
with the examinatlon giving me cause to believe:
accountlng records were not kept in respect of The Dyslexia Association as required by seGlion
386 of the 2006 Act: or
2. the accounts do not accord with those records; or
3. Ihe accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act
other than any requlrement that the accounts give a 'true and falr Vie￿ whlch Is not a matter
considered as part of an Independent examinatlon; or
4. the accounts have not been prepared in accordance with the methods and principles of the
statement of Recommended Practice for accounting and reporting by charities [applicable to
charities preparing their accounts In accordance with the Financlal Reportlng Standard
applicable in the UK and Republic of Ireland (FRS 102)].
I have no concems and have come across no other matters in connection with the examination to
whlch atlentlon should be drawn in this report In order to enable a proper understandlng of the
accounts to be reached.
s Fiawod ACA
Page Klrk LLP
Chartered accountants and chartered tax advisers
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB
8 September 2D25
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The Dyslexia Association
statement of Financial Activities for the Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Galns and Losses)
Unrestrlcted
funds
Total
2024
Note
Income and Endowments from:
Donatlons and grants
Charitable activities
Investment income
Other incomlng resources
21.441
465,098
8,968
1,849
21,441
465,098
8,968
1,849
Total Income
497,356
497,356
Expendlture on:
Raising funds
Charitable activities
other expenditure
Total expenditure
Net expendlture
Net movement in funds
Reconclllatlon of funds
{216)
(514.096)
5.261)
(216)
<514,096)
5.261
(519.573
519.573)
22.217)
{22.217
{22.217)
{22,217)
Tolal funds brought forward
Total funds carrfed foDNard
305,325
305,325
20
283,108
283,108
The notss on pages 17 to 28 fomi an 5ntegral part of these financial statements.
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The Dyslexia Association
statement of Financial Activities for the Year Ended 31 December 2024
(Includlng Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestrloted
funds
Total
2023
Note
Income and Endowments from:
Donatlons and grants
Charitable activities
Investment income
Olher Incomlng resources
Total Income
5.053
478,349
4,614
611
5,053
478,349
4,614
611
488,627
488,627
Expendlture on:
Ralslng funds
Charitable aGtivities
Other exp8nditure
Totsl expendlture
Net income
(216)
(445,455)
(4,299
{216)
(445,455)
{4,299)
(449.970
{44g,g70)
38,657
38,657
Net movement In funds
38.657
38,657
Reconclllatlon of funds
Total funds brought forward
Total fijnds carrled foNard
266.668
266.668
305,325
305.325
All of Ihe charitvs activities derive from contlnuing operations during the above two periods.
The notes on pages 17 to 28 form an integral part of these financlal statemenls.
Page 14

The Dyslexia Association
(Registration number: 03941946)
Balance Sheet as at 31 December 2024
2024
2023
Note
Flxed assets
Tangible assets
Current assets
Debtors
Cash at bank and In hand
14
3,794
6,300
15
16
18,224
281,741
299,965
27,188
304,639
331,827
(32,802)
299.025
Credltors: Amounts falllng due wFthln one year
Net current assets
17
20,651)
279.314
Net assets
283,108
305.325
Funds of the charlty:
Unrestrlcted funds
283.108
305,325
Total funds
283,108
305,325
The notes on pages 17 to 28 fomi an Integral part of these financial stalements.
Page 15

The Dyslexia Association
(Registration number: 03941946)
Balance Sheet as at 31 December 2024
For the financial year endlng 31 December 2024 the charity was entitled to exemption from audit
under section 477 of the Companies Act 2006 relating to small companles.
Directors, responslbilities:
The members have not requlred the charity to obtain an audit of its accounts for the year in
questlon In accord8nce With section 476; and
The directors acknowl8dge their responsibilities for complyiro with the requlremen18 of the Act wlth
respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small compani8s iegime within Part 15 of the Cornpanies Act 2006.
Tru5te8
The notes on pages 17 to 28 form an integral part of these financSal statements.
Page 16

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
1 Charlty status
The charity Is limited by guarantee. incorporated in England and Wales, and consequently does not
have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards
the assets of the charity In Ihe event of liquidation.
The address of its registered office Is:
SheNood House
7 Gregory Boulevard
Nottingham
NG7 6LB
These financial statements were authorised for issue by Ihe trustees on 8 September 2025.
2 Accountlng pollcles
Summary of slgniflcant accountlng pollcles and key accounting estlmates
The principal accounting policies applied in the preparatton of Ihese financial stslements are set out
below. These policles have been consistently applied to all the years presented, unless otherwlse
stated.
Basls of preparatlon
The financlal statements have been prepared in accordance with Accounting and Reportlng by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Slandard applicable In the UK and Republlc of Ireland (FRS
102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Flnanclal RepDrtlng Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Dyslexia Association meets the definltion of a publlc benefit entity under FRS 102. Assets and
Ilabllities are initially recognised at historical cost or transaction value unless otherwise stated In the
relevant accounting pollcy notes.
Golng concern
The trustees conslder that there are no materfal uncertainties about the charitys abillty to continue as
a golng conGem nor any slgnificant areas of uncertainty that affect the carrying value of assels held by
the charity.
Exemptlon from preparlng a cash flow statement
The charity opted to early adopt Bulletln 1 published on 2 February 2016 and have therefore not
Included a cash flow statement in these financial stalements.
Page 17

The Dyslexla Association
Notes to the Financial Statements for the Year Ended 31 December2024
Key sources of estlmaflon uncertalnty
Preparation of the financi81 statements requires management to make signlficant Judgements and
estimates. During the preparation of these financial statements there have been no significant or
mat8rial Judgements and estimates that require disdosure. The carrying amount is £- (2023 -£-).
Fund structure
Unrestrlcted inccme funds are general funds that are available for use at the truste85 discretion In
furtherance of the objectives of Ihe charity.
Designated funds are unrestricted funds set aslde for specific purposes at the dlscretlon of the
trustees.
Incomo and endowments
All income is recognised On￿ the charity has entiuement to the Income, It Is probable that the income
will be received and the amount of the Income recelvable can be measured reliably.
Donatlons and gr8nts are recognlsed where there Is entitlement, certalnty of receipt and the amount
can be measured wtth sufficlent reliability. Such income Is only deferred when the donor specifies that
Ihe grant or donatlon must be used in fvture accountlng periods.
Income from charitable actNities, being income from Servi￿ delivery and dyslexia publlcatlons, Is
recognised on a receivable basis. Income from seNtce users is included on Ihe basis of sessions
Invoiced or work done in accordance with any contract tenns.
Income from fundraising events is classified as olher tradlng activities and is recognised on a
rec8ivable basis.
Income from inveslments is recognised on a receivable basis.
Govemment grants are accounted for using the accrual model.
Expendlture
All expenses are accounted for on an accruals basis.
Expendlture on ralslng funds are those costs incurred n attracting voluntary income.
Charltable aclivltles Include direct expenditure associated with servlce delivery belng dyslexla
assessment, screening, tuitlon. teaching and tutor training. A second charitable activity is dyslexla
publications and includes direct expendilure associated wilh the sale of books and resources,
newsletter subscriptions and library subscriptions.
Expenditure on other items include those incurred In the governance of the charlty and Ils assets and
are primarily associated with statutory requirements.
Page 18

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
Flxed assets
Fixed assets are initially recorded at cost.
Support costs
Support costs include central functlons and have been allocated to activity cost categories an a basis
consistent with the use of resources, for example, allocating property costs by floor areas, or per
capiia, staff costs by the time spent and other costs by their usage.
Governance costs
These Include the costs attributable to the charitys compliance with constitutional and statutory
requlrements, Including audit, strategic management and trustees meetings and reimbursed
expenses.
Taxatlon
The charily Is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Flnance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from tsxation in respect of income or capllal gains
rec21ved wlthln categories covered by Chapter 3 Part 11 of the Corporaiton Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1991 to the extent that such Income or gains are
applied exclusively to charilable purposes.
Depreclatlon and amortlsatlon
Depreciatlon is provided on tanglble r￿ed assets so as to write off Ihe Gost or valuation, less any
eslimated residual value, over thelr expected useful economlc fife as follows:
Asset class
Depreclatlon method and rate
Office equ5pment
25Q/o or 33.33% stralght line basis
Fixtures and fittings
250/0 straight Ilne basls
other tangible asset
33.33Yo stralght lin8 basis
Trade debtors
Trade debtors are amounts due from customers for merchandlse sold or services perfonned In the
ordlnary course of business.
Trade debtors are recognised initially at Ihe transaction prtce. They are subsequently measured at
amortised Gost uslng the effective interest method, less provision for ImpairmenL A provision for the
impairment of trade debtors is established when there is objectlve evldence that the charity wlll not be
able to collect all amounts due according to the original terms of the receivables.
Cash and cash equlvalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-temi hlghly
liquid investrnents that are readlly convertible to a known amount of cash and are subject to an
insignificant risk of change In value.
Page 19

The Dyslexia Assoclation
Notes to the Financial Statements for the Year Ended 31 December 2024
Trade credltors
Trade creditors are obligations to pay for goods or servlces that have been acqulred In the ordinary
course of business from suppliers. Accounts payable are classified as current liabilities if the charity
does not have an unconditional right. at the end of the reporting pericd, to defer setuement of the
creditor for at least twelve months afler the reporting date. If Ihere is an unconditional right to defer
seltlement for at least twelve months after the reporting date. they are presented as non-current
liabilitles.
Trade creditors are recognlsed Initially at Ihe transaction price and subsequently measured at
amortlsed cost using the effeciive interest method.
Pensfons and other post-retlrement obllgatlons
The charity operates a defined contribution pension scheme. Contributlons are charged in the
statement of financial activities as they become payable in accordance wilh the rules of the scheme.
Page 20

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
3 Income from donatlons and grants
Unrestrlcted
Funds
Restricted
funds
Total
2024
Total
2023
Dcnations and granÉs
21,441
21,441
5,053
4 Income from charltable actlvltles
Unrestrl¢ted
Funds
Restrlcted
funds
Total
2024
Total
2023
Screenlngi assessment &
tultlon
Serv(Ge delivery
465.098
465.098
478,349
S Income from Investments
Unrestricted
Funds
Restricted
fund5
Total
2024
Total
2023
Bank Interest receivable
8.968
8,968
4,614
6 Othor Income
UnrestrlGted
funds
Restrlcted
funds
Total
2024
Total
2023
Fees and supplies
1.849
1.849
611
7 Expendlture on charitable actlvltles
Unrestrlcted funds
Deslgnated
Generdl
Total
2024
Total
2023
Note
Stsff costs
Screenlng,
assessment &
tuition
Governance costs
290,745
290,745
262,831
2,666
217.205
3.480
511.430
219.871
3.480
514,096
179,504
3,120
2.666
445,455
Page 21

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
8 Other expendlture
Unrestrlcted
Funds
Total
2024
Total
2023
Other flnanclal costs
5.261
5.261
5,261
4,299
4,299
5,261
g Analysls of governance and support costs
Governance costs
Unrestrlcted
funds
Total
2024
Total
2023
Ind8pend8nt examiner fees
3.480
3.480
3,480
3.480
3,120
3,120
10 Trustees remuneratlon and expenses
During the year Ihe charity made the following transactions with trustees:
D Caunt
D Caunt recelved remuneraflon of £745 {2023: £2,188) during the year.
For servlces provlded lo the charfty.
No trust86s have recaived any reimbursed expenses or any other b8nefits from the charity during the
year.
Page 22

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December2024
11 staff costs
The aggregate payroll costs were as follows:
2024
2023
staff costs durlng the year were:
Wages and salarles
Social security cosls
Pension costs
266,521
17.311
6.913
290,745
241,913
15.200
5,718
262,831
The monthly average number of p8rsons (including senior management I leadership team) employed
by Ihe charfty during the year was as follows:
2024
2023
No
No
General
15
15
No employee received emoluments of more than £60.000 during Ihe year.
The tolal employee benefits of the key management personnel of the charity were £46.267 (2023
£47.253).
12 Independent examlnets remunerdtlon
2024
2023
Examlnalion of the financial stalements
3.480
3.120
13 Taxatlon
The charity is a reglstered charity and Is Iherefore exempt from taxatlon.
Pag8 23

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
14 Tanglble fjxed assets
other
tanglble
asset
Offlce
equlpment
Flxtures and
fittlngs
Total
Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
16,176
140
(4.132
12,184
611
4.739
21,526
140
(4.743)
611
4.739
16,923
Depreclatlon
At 1 January 2024
Charge for the year
Eliminated on disposals
At 81 December 2024
14,352
1,066
4.132)
611
263
1.580
15,226
2.646
4.743)
611
11.286
1.843
13.129
Net book value
At 31 Decemb8r 2024
898
2,896
3,794
At 31 December 2023
1,824
4,476
6.300
15 Debtors
2024
2023
Trade debtors
Olher debtors
18,032
192
26,996
192
18,224
27,188
16 Cash and cash equlvalents
2024
2023
C8sh at bank
281.741
304,639
Page 24

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
17 Credltors: amounts falllng due within one year
2024
2023
Trade creditors
Other taxation and social seGurity
other creditors
Accruals
1,183
4,933
11,956
2,579
4,513
3.909
3,603
20.r17
32,802
20,651
At the balance sheet date, deferred income amounled to £2,579 (2023 - £20,777) with £20,777
released lo income from charitable activities (2023 - £5,372). Deferred Income relates to lessons pald
for in advance or for a period that spanned the period end.
18 Obllgatlons under leases and hlre purchase Gontracts
Operatlng lease commltments
Tolal future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
Land and buildlngs
Withln one year
6.350
6.350
Other
Within one year
Between one and five years
570
2.281
2.851
1,411
4,116
5,527
19 Penslon and other s¢hemes
Deflned contrlbutlon penslon scheme
The charity operates a defined contrlbution pension scheme. The pension cost charge for the year
represents contributions payable by the charity to Ihe scheme and amounted to £6.913 {2023
£5,718).
Contributlons totalling £2,120 (2023 - £2,234) We￿ payable to the scheme at the end of the year and
are included In creditors.
Page 25

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
20 Funds
Balance at
31
December
2024
Balanoe at
1 January
2024
Incomlng Resources
resources
expended
Transfers
Unrestrlcted funds
General
General funds
247,624
497,356
(516,907)
2,957
231.030
Deslgnated
Dissolution fund
Bursary fund
46.944
10.757
57.701
(2,957)
43,987
8,091
52,078
{2,666)
{2,666)
(2,957
Total funds
305.325
497.356
519.573
283,108
Balance at
31
December
2023
Balance at
1 January
2023
Incoming
resources
Resources
expended
Transfers
Unrestrlcted funds
General
General funds
216.405
483.176
{445.256)
(6.701)
247,624
Designated
Dlssolution fund
Bursary fund
40,243
10.020
50.263
6.701
46,944
10,757
57.701
5,451
5.451
(4.714)
(4,714
6.701
Total funds
266,668
488,627
449,970
305.325
Page 26

The Dyslexia Association
Notes to the Financial Statements for the Year Ended 31 December 2024
The specifio purposes for whlch the funds are to be applied are as follows:
Designated funds:
Di5501ution Fund - Thls fund represents the expected cost, should the charity cease to be a going
concem. of satlsfylng all its legal obligations enabllng proper notice to be given to Ihe staff and
beneficiaries and for all due pa￿nentS to be made to staff and other organlsatlons.
Bursary Fund - Thls fund Is designated by the Trustees to award bursarles for dyslexia assessment.
tuition 2nd skills development to those people who are assessed as belng in need but low of income.
100/0 of 8ny surplus for each financial quarter Is transferred from general reserves to the Bursary fund.
21 Analysls of net assets between funds
Total funds
at31
December
2024
Unrestrlcted
funds
Tanglble fixed assets
Current assets
Current liab115ties
3,794
299,965
20,651)
283,108
3,794
299,965
(20,651)
283.108
Tctal net assets
Total funds
at31
December
2023
Unrestrlcted
funds
Tangible fixed assets
Current assets
Current liabilities
6.300
331,827
32,802
6,300
331,827
32,802
305.325
Total net assets
305,325
Page 27

The Dyslexia Assoclation
Notes to the Financial Statements for the Year Ended 31 December 2024
22 Analysls of net funds
At31
December
2024
At 1 January
2024
Flnanclng
cash flows
Cash at bank and in hand
304,639
{22,898)
(22,898
281,741
Net debt
304,639
281,741
At31
December
2023
At 1 January
2023
Flnancing
cash flows
Cash at bank and in hand
255,348
49.291
304,639
Net debt
255,348
49,291
304,639
Page 28