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2020-08-31-accounts

Page Page
Reference and Administrative
Details
Report ofthe Trustees 2 Io 5
Report ofthe Independent Auditors 6 to 7
Consolidated
Statement of Financial		 Activities 8 to 9
Balance Sheet —Company and Consolidated 10
Consolidated
Cash Flow Statement
Notes to the Consolidated Statement of Cash Flows 12
Notes to the Consolidated Financial Stateents 13 to 27

TRUSTEES A R Roberts MBE A R Roberts MBE JP - Chairman - Chairman (resigned (resigned (resigned 31352020)
R Hazell
C Mangle
M J Gutowski
- Chairman
(appointed		 1.08 2020)
M W A Warde-Norbury
J Taylor
Mrs S M Dumican		 (appointed 18,2.2020)
COMPANY SECRETARY J D Weston
REGISTERED OFFICE Doncaster Deaf Trust
Leger Way
Doncaster
DN2 6AY
REGISTERED COMPANY NUMBER 04105045 (England and Wales)
REGISTERED CHARITY NUMBER 1088060
AUDITORS Allotts Business Services Ltd, Statutory Auditor
Chartered
Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU
BANKERS HSBC
1 High Street
Doncaster
South Yorkshire
DN1 1EE
SOLICITORS Veale Wasbrough Vizards
Orchard
Court
Orchard
Lane
Bristol
BS15WS
SENIOR MANAGEMENT TEAM A L Johnson
-		 Executive Principal
Ms T Greaves - Chief Finance Officer
P Carter - HR Manager

For Th e Year Ended 31 Au
ust 2020
Unrestricted Designated Restricted
funds funds fund
Notes E'000 L'000 E'000
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 30 41
Charitable
activities
Charity's
educational		 operations 7,999 162
Other trading
activities		 106
Investment
income		 30
Other income 78
Total 8,243 203
EXPENDITURE ON
Charitable
activities
Charity's
educational
operations		 8,346 59 102
Net gains/(losses)
on		 investments ~39)
NET INCOME/(EXPENDITURE) (142) (59) 101
Other recognised
gains/(losses)
Actuarial
gains/(losses)		 on defined benefit
schemes (1,012)
Net movement
in funds		 (1,154) (59) 101
RECONCILIATION
OF FUNDS
Total funds brought forward (5,372) 3,601 225
TOTAL FUNDS CARRIED FORWARD ~6526) 3,542 326

Consolidated Consolidated Consolidated Statement of Financial of Financial Activities Activities
Incor oratln an Income and Ex enditure Account
For The Year Ended 31 Au ust 2020
2020 2019
Endowment Total Total
fund funds funds
Notes F'000 6'000 F'000
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 71 40
Charitable
activities
Chanty's
educational
operations		 8,161 8,117
Other trading
activities		 106 253
Investment
income		 30 31
Otherincome 78 319
Total 8,446 8,760
EXPENDI1URE ON
Charitable
activities
Charity's
educational
operations		 3 8,510 9,062
Net gains/(losses)
on		 investments ~39)
NET INCOME/(EXPENDITURE) (3) (103) (283)
Other recognised
gains/(losses)
Actuarial gains/(losses)
schemes		 on defined benefit (1,012) (2,361)
Net movement
In funds		 (3) (1,115) (2,644)
RECONCILIATION
OF FUNDS
Total funds brought forward 593 (953) 1,691
TOTAL FUNDS CARRIED FORWARD 590 (2,068) ~953)

Doncaster Deaf Tru Doncaster Deaf Tru st
Balance Sheet
~31 A 12223
Group Group Charity Charity
2020 2019 2020 2019
Notes 6'000 E'000 6'000 F'000
FIXEDASSETS
Tangible assets 15 2,808 2,839 2,218 2,246
CURRENT ASSETS
Debtors 16 396 249 396 249
Investments 17 1,265 1,318 1,265 1,318
Cash at bank and in hand 832 719 832 719
2,493 2,286 2,493 2,286
CREDITORS
Amounts
falling due within one year		 18 (559) (598) (559) (598)
NET CURRENT ASSETS 1 934 1 688 1 934 1 688
TOTAL ASSETS LESSCURRENT LIABILITIES 4,742 4,527 4,152 3,934
PENSION LIABILITY 22 (6,810) (5,480) (6,810) (5,480)
NET ASSETS/(LIABILITIES)
FUNDS 21
Unrestricted
funds		 (2,984) (1,771) (2,984) (1,771)
Restricted funds 326 225 326 225
Endowment
funds		 590 593

Consolidated Consolidated Consolidated Statement of Cash Flows
For The Year Ended 31 Au ust 2020
2020 2019
Notes 6'000 6'000
Cash flows from operating activities
Cash generated
from operations		 105 25
Net cash provided
by operating
activities		 105 25
Cash flows from investing activities
Purchase
of tangible
fixed assets
Purchase
offixed asset investments
Sale of tangible
fixed assets		 (36)
(170)		 (65)
(198)
131
Sale of fixed asset investments 184 212
Interest received 30 31
Net cash prowded
by investing
activities
Change
in cash and cash		 equivalents in
the reporting
period		 113 136
Cash and cash equivalents at the
beginning
ofthe reporting		 period 719 583
Cash and cash equivalents at the end of
the reporting
period		 832 719

2020 2019
F'000 D000
Net expenditure
for the reporting		 period (as per the Statement of
Financial Activities)
Adjustments
for:		 (103) (283)
Depreciation
charges		 67 76
Losses/(gain)
on investments
Profit on disposal offixed assets
Interest received
(Increase)/decrease
in debtors
Decrease
in creditors
Difference between
pension charge		 and cash contributions 39
(30)
(147)
(39)
318		 (20)
(91)
(31)
135
(79)
318
Net cash provided
by operations		 105 25
ANALYSIS OF CHANGES
IN NET		 FUNDS
At 1.9.19 Cash flow At 31.8.20
6'000 E'000 6'000
Net cash
Cash at bank and
in hand		 719 113 832
719 113 832
Liquid resources
Deposits included
in cash
Current asset investments		 ~1318 ~53) ~1265
1,318 ~53)
Total 2,037 60 2,097

2020 2019
E'000 E'000
Donations 71 27
Legacies 13
71 40
OTHER TRADING ACTIVITIES
2020 2019
F'000 E'000
Room hire 94 233
Sports hall hire 9 19
Car parking 3 1
106 253
INVESTMENT INCOME
2020 2019
E'000 E'000
interest on cash deposits 2 1
Listed investments 28 30
30 31
INCOME FROM CHARITABLE ACTIVITIES
2020 2019
Activity F'000 E'000
Fees and grants from funding
authorities Charity's educational operations 7,844 7,891
Training
for Work		 student
outcomes Chanty's educational operations 317 226
~8161 8,117
OTHER INCOME
2020 2019
F'000 E'000
Gain on sale of tangible fixed assets 91
Sundry income 107
Rentai income 121
Coronavirus support grants 71
78 319

Direct
Costs (see
note 9)
L'000
Charity's
educational
operations		 8,510
DIRECT COSTS OF CHARITABLE ACTIVITIES
2020 2019
6'000 6'000
Teaching salaries and related expenses 5,344 5,125
Books and apparatus 66 77
Food and allowances 213 326
Clothing
and laundry		 7 7
Transport
and travel expenses		 46 187
Traimng 32 60
Exam and tuition fees 89 166
Miscellaneous
teaching		 expenses 3 5
Other salaries
and related expenses		 1,419 1,392
Light, heat and power 197 273
Maintenance
and repairs		 124 447
Insurance 114 96
Printing,
postage and stationery		 18 23
Furniture
and equipment		 24 47
Cleaning 18 20
Computer
running
costs		 30 41
Telephone 11 13
Legal and professional fees 84 68
Marketing
and advertising		 21 51
Miscellaneous
running		 expenses 197 174
Defined benefit contribution costs 318 318
Governance
costs		 68 70
Depreciation 67 76
8,510 9,062
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2020 2019
6'000 f.'000
Depreciation
-owned assets		 67 76
Surplus on disposal of fixed assets (91)
Auditors'
remuneration		 8 8
Operating
leases		 40 42

STAFF COSTS
2020 2019
E'000 E'000
Wages and salaries 5,522 5,418
Social security costs 475 461
Pension costs 802 673
6,799 6,552
The average
monthly		 number of employees during the year was as follows
2020 2019
Teaching and care of students 186 179
Non educational 54 48
240 227
The num ber of employees
whose employee
benefits		 (excluding
employer
pension costs) exceeded		 E60,000
2020 2019
E60,001 - E70,000 2 3
E70,001 - E80,000 2 3
E90,001 - E100,000 1

Doncas Doncas Doncas ter Deaf ter Deaf Trust Trust
Notes to the Consolidated Financial Statements - continued
For The Year End 1 Au ust 2020
13. COMPARATIVES
FOR THE		 STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Designated Restricted Endowment Total
funds funds fund fund funds
6'000 6'000 6'000 6'000 6'000
INCOME AND
ENDOWMENTS
FROM
Donations
and legacies		 40 40
Charitable
activities
Charity's
educational
operations 7,991 126 8,117
Other trading
activities		 253 253
Investment
income		 31 31
Other income 319 319
Total 8,634 126 8,760
EXPENDITURE ON
Charitable
activities
Charity's
educational
operations 8,891 68 100 9,062
Net gains on investments 19 19
NET
INCOME/(EXPENDITURE) (238) (68) 26 (3) (283)
Transfers
between		 funds
Other recognised
gains/(losses)
Actuarial gains/(losses) on
defined
benefit schemes		 (2,361) (2,361)
Net movement
in funds		 (2,600) (68) 27 (3) (2,644)
RECONCILIATION
OF
FUNDS
Total funds brought
forward (2,772) 3,669 198 596 1,691
TOTAL FUNDS CARRIED
FORWARD (5,372) ~3601 225 593 ~953)
14. DEFINED BENEFIT CONTRIBUTION COSTS
2020 2019
6'000 6'000
Current service cost 599 459
Past service cost 11 167
Employer
contributions		 (395) (387)
Administration
expenses		 8 6
Net interest/return
on		 assets 95 73
318 318

TANGIBLE FIXEDAS SETS
Furniture,
Freehold Freehold plant and Motor
Group land buildings equipment vehicles Totals
F'000 8'000 6'000 L"000 f'000
COST
At 1 September 2019 800 2,060 1,107 53 4,020
Additions 36 36
At 31 August 2020 800 2 060 1,143 ' 53 4,056
DEPRECIATION
At 1 September 2019 316 816 49 1,181
Charge for year 20 45 2 67
At 31 August 2020 336 861 51 1,248
NET BOOK VALUE
At 31 August 2020 800 1,724 282 2,808
At 31 August 2019 800 ~1744 291 2,839
Charity Furniture,
Freehold Freehold plant and Motor Charity
land buildings equipment vehicles total
6'000 6'000 6'000 E'000 6'000
COST
At 1 September 2019 600 1,610 1,107 53 3,370
Additions 36 36
At 31 August 2020 600 1,610 1,143 53 3,406
DEPRECIATION
At 1 September 2019 259 816 49 1,124
Charge for year 17 45 2 64
At 31 August 2020 276 161 51 1,188
NET BOOK VALUE
At 31August 2020 600 1,334 282 2 ~2218
At 31 August 2019 600 1,351 291 4 2,246
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group Group Charity Charity
2020 2019 2020 2019
E'000 f.'000 6'000 6'000
Other debtors 393 133 393 133
Prepaymsnts 3 50 3 50
Accrued income 66 66
396 249 396 249

CURRENT ASSET INVESTMENTS
Group Group Charity Charity
2020 2019 2020 2019
f'000 f'000 E'000 f'000
Market value at 1 September 2019 1,318 1,312 1,318 1,312
Add: Acquisitions
at cost		 170 198 170 198
Less: Disposals at market
value
Net (loss)/gain
on revaluation
at 31 August 2020		 (196)
~27)		 (210)
18		 (196)
~27)		 (210)
18
1,265 1,318 1,265 ~1318
Cost as at 31 August 2020 ~1075 1,055 1,075 1,055
The gain on investment
assets included		 in the
Statement
of Financial
Activities comprises:-
Unrealised
(loss)/gain
on revaluation		 (27) 17 (27)
(Loss)/profit
on disposal
from previous
value		 market 2 ~12)
~39) 19 ~39) 19
August 20 19are:-
Market Market
value value
2020 2019
f'000 f'000
Threadneedle
Inv UK Equity		 Income 59 68
Jupiter UT Managers
UK Special Situations		 48 61
Artemis
Fund Managers
Ltd		 Income Inc 63
JP Morgan Funds
Ltd US		 Equity Inc K Net Inc 62 68
M&G Securities
Ltd Optimal		 Income J 63 64
Liontrust
Fund Par Special		 Situations Ins Inc 86
Altianz Global Investment Gilt 84 83
JP Morgan Am UK Ltd UK Equity Core E Net Inc 86 102
Vanguard Funds Pic 81 74
569 583
Investments are represented by:
Listed UK Securities 493 535
Listed Overseas Secunties 750 757
Cash held pending
investment		 22 26
1,265 1,318

Group Group Charity Charity
2020 2019 2020 2019
F'000 F'000 F.'000 F'000
Trade creditors 130 162 130 162
Other taxes and social security 110 125 110 125
Accruals 129 91 129 91
Deferred income 190 220 190 220
559 598 559 598
Deferred income
Balance as at 1 September 2019 220 217 220 217
Fees received 7,638 7,672 7,638 7,672
Released to Statement of Finanaal Activities ~7668) (7,669) (7,668) (7,669)
Balance as at 31 August 2020 190 220 190 220

Minimum
l		 ease payments
under non-cancella		 ble
operating
leases		 fall due as foll ows:
Group Group Charity Charity
2020 2019 2020 2019
6'000 6'000 L'000 F'000
Within one year 35 34 35 34
Between one and five years 51 68 51 68
86 102 86 102
NET ASSETS OF THE GROUP'6 FUNDS
The group's net assets belong to the various funds as follows:
Net current
Fixed assets/ Fund
assets (liabilities) balances
L'000 F.'000 F'000
Unrestricted funds 2,103 (5,087) (2,984)
Restricted funds 115 211 326
Endowment funds 590 590
2,808 (4,876) (2,068)
The charity' s
net assets belong to the various		 funds as follows
Net current
Fixed assets/ Fund
assets (liabilities) balances
F'000 6'000 6'000
Unrestricted funds 2,103 (5,087) (2,984)
Restricted funds 115 211 326
2,218 (4,876) (2,658)

Restric ted funds : movement in the year - Grou p and Comp any
Balance at Transfers and Balance at
1 September investment 31 August
2019 Income Expended gains/(losses) 2020
E'000 E'000 E'000 E'000 E'000
Nursery Building Fund 113 (3) 110
Student Bursary Fund 55 25 (16) 64
Smart Boards Fund 2 (1) 1
Forest School Fund 3 (1) 2
New Care Home Fund 9 10
Technology
Fund		 2 2
Cycle Fund 9 9
Chapel Fund 2 2
Youth Club Fund 13 13
Energy Fund 70 (66) 4
Community
Fund		 17 44 (4) 57
IT Equipment
Fund		 25 (11) 14
Barista Fund 5 5
Blades for Our Heroes Fund 1 1
Residences
Fund		 32 32
225 203 ~102) 326

Defined benefit
pension plans
2020 2019
E'000 E'000
Present value of funded obligations (20,054) (19,072)
Fair value of plan assets 13244 ~13 592
(6,810) (5,480)
Present value of unfunded obligations
Deficit ~6,810) ~5,480)
Net liabihty ~6,810) ~5,480)
The amounts recognised in the Statement of Financial Activities are as follows:
Defined benefit
pension plans
2020 2019
E'000 E.'000
Current service cost 599 459
Net interest from net defined
benefit
asset/liability 339 426
Past service cost 11 167
949 1,052
Actual return on plan assets ~23) 951
Changes
in the		 present value ofthe defined benefit obligation are as follows:
Defined benefit
pension plans
2020 2019
E.'000 E'000
Opening
at 1 september		 19,072 15,403
Current service cost 599 459
Past service cost 11 167
Employee
contributions		 101 104
Interest cost 339 426
Actuarial
gains
Benefits paid		 447
~515)		 2,959
~446)
20,054 19,072

Defined benefit
pension plans
2020 2019
L'000 6'000
Opening at 1 september 13,592 12,602
Expected return on assets 244 353
Employer contributions 395 387
Employee contributions 101 104
Administration expenses (8) (6)
Actuarial
(losses)/gains
Benefits paid		 (565)
~515)		 598
~446)
13,244 13592
The amounts recognised in other recognised gains and losses are as follows:
Defined benefit
pension plans
2020 2019
6'000 E'000
Actuarial (losses)/gains (1,012) ~2361)
~1,012) ~2,361)
The major categones of scheme assets as amounts oftotal scheme assets are as follows:
Defined benefit
pension plans
2020 2019
67000 6'000
Equities 6,278 7,108
Government Bonds 1,947 1,944
Other Bonds 1,165
'		 992
Other 2,265 1,930
Cash/liquidity 477 435
Property 1,112 1,183
13,244 13,592
Principal actuarial
assumptions		 at the Balance Sheet date (expressed as weighted averages):
2020 2019
Discount rate for scheme
liabilities		 1,70% 1 60'/
Rate of salary increases 3 65% 335%
Increase in pensions
in payment		 2 50% 2.20%
Inflation assumption
(CPI)		 2 40% 2.10%

Central Sensitivity 1 Sensitivity 2 Sensitivity 3 Sensitivity 4
+0.1%p.a. +0 1%p.a. +0.1%p.a. 1 year
increase
discount
rate		 inflation pay growth in life
E'000 E'000 E'000 E'000 expectancy
E'000
Liabilities 20,054 19,726 20,387 20,088 20,663
Assets (13,244) (13,244) (13,244) (13,244) (13,244)
Deficit 6,810 6,482 7,143 6,844 7,419
Prolected service cost for next year 625 610 640 625 645
Projected net interest cost for next
year 112 113 118 113 123
assumed life expectation s
on retireme		 nt
age 65are:
2020 2019
Retiring today
Males 224 23.1
Females 25.2 25 9
Retiring in 20 years
Males 23.9 253
Females 271 28 3
Amounts for the current and previous period are as follows:
2020 2019
E'000 E'000
Defined benefit pension plans
Present value of benefit obligations 20,054 19,072
Fair value of plan assets (13,244) (13,592)
Deficit 6,810 5,480