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2022-08-31-accounts

Contents ofthe Consolidated Financial Statements
For The Year Ended 31 Au
ust 2022
Page
Reference and Administrative
Details
Report ofthe Trustees 2 io 5
Report ofthe Independent Auditors 6 lo 7
Consolidated
Statement ofFinancial		 Activities 8 lo 9
Balance Sheet —Company and Consolidated 10
Consolidated
Cash Flow		 Statement
Notes to the Consolidated Statement ofCash Flows 12
Notes to the Consolidated Financial Statements 13 lo 26
TRUSTEES M J Gutowski
- Chairman		 M J Gutowski
- Chairman		 M J Gutowski
- Chairman
M W A Warde-Norbuiy
J Taylor (resigned 1.11.2022)
8 M Dumican
K F Rushbrooke (appointed 5.10.2021)
C Warde-Aldam
K E A Nicoll (appointed 12.5.2022)
CONIPANY SECRETARY P Carter
REGISTERED OFFICE Doncaster
Deaf Trust
Leger Way
Doncaster
South Yorkshire
DN2 6AY
REGISTERED CONIPANY NUMBER 04105045 (England and Wales)
REGISTERED CHARITY NUMBER 1088060
AUDITORS Kingswood
Allotts		 Limited, 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
P Carter - HR Manager

Unrestricted Designated Restricted
funds funds fund
Notes E000 E000 E'000
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 15
Charitable
activities
Charity's
educational
operations		 8,763 61
Other trading
activities		 12
Investment
income		 28
Other mcome 44
Total 8,850 76
EXPENDITURE ON
Charitable
activities
Chanty's
educational
operations		 9434
NET (EXPENDITURE)/INCOME BEFORE
PENSION COST AND
INVESTMENT GAINS/(LOSSES) (584) (64) (10)
FRS102 Pension cost (305)
Net (losses)/gains
on investments		 (96)
NET (EXPENDITURE)/INCOME (985) (64) (10)
Other recognised
gains
Actuanal
gains on defined benefit		 schemes 6,072
Nst movement
in funds		 5,087 (64) (10)
RECONCILIATION
OF FUNDS
Total funds
brought
forward		 (4,695) 3,485 314
TOTAL FUNDS CARRIED FORWARD 392 3,421 304

2022 2021
Endowment Total Total
fund funds funds
Notes F'000 E'000 E'000
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 18 72
Charitable
activities
Chanty's
educational
operations		 8,824 8,939
Other trading
activities		 12 14
Investment
income		 28 24
Other income 44 87
Tote I 8,926 9,136
EXPENDITURE ON
Charitable
activities
Chanty's
educational
operations		 3 9587 8 788
NET (EXPENDITURE)/INCOME BEFORE
PENSION COST AND
INVESTMENT GAINS/(LOSSES) (3) (661) 348
FRS102 Pension cost (305) (322)
Net (losses)/gains
on investments		 (96) 210
NET (EXPENDITURE)/INCOME (3) (1,062) 236
Other recognised
gains
Actuarial
gains on defined		 benefit schemes 6,072 1,523
Net movement
in funds		 (3) 5,010 1,759
RECONCILIATION
OF FUNDS
Total funds brought
forward		 587 (309) (2,068)
TOTAL FUNDS CARRIED FORWARD 584 4,701 (309)

~31 3
12322
Group Group Chaniy Chsnty
2022 2021 2022 2021
Notes E.'000 E'000 E'000 E'000
FIXEDASSETS
Tangible assets 15 2 936 2 743 2 352 2 156
CURRENT ASSETS
Debtors 16 293 618 293 618
Investments 17 1,350 1 461 1,350 1,461
Cash at bank and in hand 474 965 474 965
2,117 3,044 2,117 3,044
CREDITORS
Amounts
falling due within		 one year 18 (510) (487) (510) (487)
NET CURRENT ASSETS 1 607 2 557 1 607 2 557
TOTAL ASSETS LESSCURRENT LIABILITIES 4,543 5,300 3959 4,713
PENSION ASSET/(LIABILITY) 22 158 (5,609) 158 (5,609)
NET ASSETS/(LIABILITIES)
FUNDS 21
Unrestricted
funds		 3,813 (1 210) 3813 (1,210)
Restncted
funds		 304 314 304 314
Endowment
funds		 584 587
TOTAL FUNDS ~1Z ~6963

Donc Donc Donc aster Deaf T rust
Consolidated Statement ofCash Flows
For The Year Ended 31 Au uet 2022
2022 2021
Notes 5'000 5000
Cash flows from operating
activities
Cash generated
from operations		 1 ~259) 98
Net cash (used in)/provided by operating activities ~259)
Cash flows from investing activities
Purchase
oftangible
fixed assets		 (272)
Purchase
offixed asset investments		 (87) (296)
Sale of fixed asset investments 102 310
Interest received 28 24
Net cash (used in)/provided by investing activities ~229)
Cash flows from financing activities
Expenditure
attributable
to endowment
Net cash used
in financing		 activities
Change
in cash and cash		 equivalents in
the reporting
period		 (491) 133
Cash and cash equivalents at the
beginning
ofthe reporting		 period 965 832
Cash and cash equivalents at the end of
the reporting
period		 474 965

RECONCILIATION
OF NET
ACTIVITIES		 ( EXPENDITURE) /INCOME
TO NET		 CASH FLOW FROM OPERATI NG
2022 2021
F'000 f000
Net (expenditure)/income for the reporting period (as per the
Statement ofFinancial Activities) (1,062) 235
Adjustments
for:
Depreciation
charges		 79 65
Losses/(gain)
on investments		 96 (210)
Interest received (28) (24)
Expenditure
attnbutable
to endowment		 3 3
Decrease/(increase)
in debtors		 325 (222)
Increase/(decrease)
in creditors		 23 (72)
Difference between
pension		 charge and cash contributions 305 322
Net cash (used in)/provided by operations ~259)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.21 Cash flow At 31,8 22
f000 6'000 E'000
Net cash
Cash at bank and
in hand		 965
965 ~491) 474
Liquid resources
Deposits included
in cash
Current asset investments		 1,461 ~111) 1,350
1,461 1,350
Total 2 426 ~602) 1,824

Direct
Costs (see
note 9)
E'000
Charity's
educational		 operations 9,587
DIRECT COSTS OF CHARITABLE ACTIVITIES
2022 2021
E'000 E'000
Teaching
salaries
and		 related expenses 5,778 5,729
Books and apparatus 114 68
Food and allowances 266 274
Clothing
and laundry		 7 6
Transport
and travel expenses		 27 26
Training 77 41
Exam and tuition fees 20 18
Miscellaneous
teaching		 expenses 5 2
Other salaries
and related expenses		 1,874 1,385
Light, heat and power 553 245
Maintenance
and repairs		 128 156
Insurance 105 59
Printing,
postage and		 stationery 38 26
Furniture
and equipment		 19 49
Cleaning 26 30
Computer
running
costs		 59 72
Telephone 15 14
Legal and professional fees 241 222
Marketing
and advertising		 12 8
Miscellaneous
running		 expenses 112 223
Bad debts (1)
Governance
costs		 33 70
Depreciation 79 65
9,587 8 78&3
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
E.'000 E'000
Depreciation
- owned		 assets 79 65
Auditors'
remuneration		 9
Operating
leases		 50 43

STAFF COSTS
2022 2021
E'000 E000
Wages and salanes 6,264 5 848
Social security costs 543 509
Pension costs 845 813
7,652 7 170
The average
monthly		 number of employees during the year was as follows
2022 2021
Teaching
and care of		 students 205 195
Non educational 63 56
268 251
The number
ofemployees		 whose employee benefits (excluding employer pension costs) exceeded E60,000wa
2022 2021
E60001 —F70,000 2 3
E70,001 - F80,000 2 2
E90,001 - E100,000 1 1
5 6

personnel
for their services to the charity was F		 personnel
for their services to the charity was F		 215,043 (2021.F275,462) 215,043 (2021.F275,462)
COMPARATIVES
FOR THE STATEMENT OF		 FINANCIAL ACTIVITIES
Unrestricted Designated Restricted Endowment Total
funds funds fund fund funds
E'000 E'000 F000 E'000 E'000
INCOME AND
ENDOWMENTS
FROM
Donations
and legacies		 72
Charitable
activities
Charity's
educational
operations 8,854 85 8,939
Other trading
activities		 14 14
Investment
income		 24 24
Other income 87 87
Total 8,985 151 9,136
EXPENDITURE ON
Charitable
activities
Charity's
educational
operations 8,565 57 163 3 8,788
NET INCOME BEFORE
PENSION COST AND
INVESTMENT
GAINS/(LOSSES) 420 (57) (12) (3) 348
FRS Pension Cost (322) (322)


For The Year		 Ended 31 Au
ust 2022		 Ended 31 Au
ust 2022
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Designated Restricted Endowment Tots
I
funds funds fund fund funds
E'000 BOOO E.'000 E.'000 E'000
Net gains on investments 210 210
NET
INCOME/(EXPENDITURE) 308 (57) (12) (3) 236
Other recognised
gains/(losses)
Actuarial
gains on		 defmed
benefit schemes 1,523 1,523
Net movement
in		 funds 1,831 (57) (12) (3) 1,759
RECONCILIATION OF
FUNDS
Total funds brought forward (6,526) 3,542 326 590 (2,068)
TOTAL FUNDS CARRIED
FORWARD (4,695) 3,485 314
DEFINED BENEFIT CONTRIBUTION COSTS
2022 2021
E'000 E'000
Current service cost 599 598
Past service cost 2
Employer
contributions		 (393) (396)
Administration
expenses		 7
Net interest/return on assets 97 113
305 322
TANGIBLE FIXED ASSETS
Furniture,
Group Freehold Freehold plant and Motor
land buildings equipment vehicles Totals
E'000 E'000 E'000 E'000 E'000
COST
At 1 September 2021 800 2,060 1,143 53 4,056
Additions 96 162 14 272
At 31 August 2022 800 2,156 1,305 67 4 328
DEPRECIATION
At 1 September
2021		 356 905 52 1 313
Charge
for year		 21 58 79
At 31 August 2022 377 963 52 1 392
NET BOOK VALUE
At 31 August 2022 800 1,779 342 15 2,936
At 31 August 2021 800 1,704 238 1 2,743

For The For The For The Year Ended 31Au ust 2022
15. TANGIBLE FIXEDASSETS - continued
Charity Furniture,
Freehold Freehold plant and Motor Chanty
land buildings equipment vehicles total
E'000 E'000 F'000 E'000 E000
COST
At 1 September
2021		 600 1,610 1,143 53 3406
Additions 96 162 14 27?
At 31 August 2022 600 ~1706 1,305 67 3,678
DEPRECIATION
At 1 September 2021 293 905 52 1,250
Charge
for year		 18 58 76
At 31 August 2022 311 963 52 1 326
NET BOOK VALUE
At 31 August 2022 600 ~1395 342 15 2,352
At 31 August 2021 600 1,317 238 'I 2,156
18. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
Group Group Chanty Chanty
2022 2021 2022 2021
E.'000 E.'000 E'000 E'000
Other debtors 239 577 239 577
Prepayments 54 40 54 40
Accrued
income		 1 I
293 618 293 618
17. CURRENT ASSET INVESTMENTS
Group Group Charity Charity
2022 2021 2022 2021
E'000 E'000 E'000 E'000
Market value at 1 September 2021 1,461 1,265 1,461 1 265
Add
Acquisitions
at cost		 80 302 80 302
Less
Disposals at market value		 (108) (293) (108) (293)
Net (loss)/gain
on revaluation
Movement
in cash account		 at 31 August 2022 (89)
6		 194
~7)		 (89)
6		 194
~7)
1,350 1,461 1 350 1,461
Cost as at 31 August 2022 1,140 1,149 1,140 1,149
The gain on investment assets included in the
Statement
of Financial		 Actiwties compnses:-
Unrealised
(loss)/gain		 on revaluation (89) 194 (89) 194
(Loss)/profit
on disposai
value		 from previous market ~7) 16 ~7) 16
~96) ~96) 210

Market Market
value value
2022 2021
E000 r'000
CT Inv Funds (UK) Icvc CT UK Equity Income 70 74
Jupiter
UT Managers
UK Speoal		 Situations 65 64
Liontrust
Fund Par		 Special Situations Ins Inc 54 64
Allianz
Global investment		 Gilt 65 82
JP Morgan
Am UK		 Ltd UK Equity Core E Net inc 52 107
Vanguard
Funds Pic		 62 59
368 450
Investments
are represented		 by:
Listed UK Securities 565 681
Listed Overseas Securities 764 765
Cash held pending investment 21 15
1,350 1 461
These figures relate to the Group and Charity.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group Group Chanty Chanty
2022 2021 2022 2021
E'000 E'000 E'000 E'000
Trade creditors 244 223 244 223
Other taxes and social security 123 113 123 113
Accruais 124 119 124 119
Deferred
income		 19 32 19 32
510 487 510 487
Deferred income
Balance as at 1 September 2021 32 190 32 190
Fees received 8,465 8,615 8,465 8,615
Released to Statement
of Financial		 Activities (8,478) (8,773) (8,478) (8,773)
Balance as at 31 August 2022 19 32 19 32

Group Group Charity Chanty
2022 2021 2022 2021
F'000 E'000 E'000 E'000
Within one year 22 31 22 31
Between one and five years 32 21 32 21
54 52 54 52

The group's net assets belong to the vanous funds as follows:
Net current
Fixed assets/ Fund
assets (kabilities) balances
E'000 E'000 E000
Unrestncted funds 2,242 1,571 3,813
Restricted funds 110 194 304
Endowment funds 584 584
2,936 1,765 4 701
Net current
Fixed assets/ Fui1rl
assets (liabilities) balances
E'000 E'000 E000
Unrestricted funds 2,242 1,571 3.813
Restricted funds 110 194 304
2,352 ~1765 4 117

Unrestric ted funds: m ovement s
in year - Group		 and Compa ny
Balance at Transfers and Balance al
1 September investment 31 August
2021 Income Expended gains/(losses) 2022
E'000 F'000 E000 E'000 E'000
Designated funds:
Building and equipment fund 175 175
Tangible fixed asset fund 2,010 (64) 1 946
Charities and risk fund 1,300 1 300
3,485 (64) 3,421
Undesignated funds:
General reserve 481 8,850 (9,434) (103)
Revaluation reserve 433 (96) 33'7
Pension reserve ~5,609) (305) 6,072 158
~4695) 8,850 (9,739) 5,976 392
~1,210) 8,850 (9,803) 5,976 3,813

Balance at Transfers and Balance al
1 September investment 31 August
2021 Income Expended gains/(losses) 2022
E'000 E'000 E'000 E'000 E000
Nursery
Building		 Fund 107 (3) 104
Student Bursary Fund 71 15 (18) 68
Forest School Fund 1 3 (2) 2
New Care Home Fund 10 10
Technology
Fund		 2 2
Cycle Fund 9
ChapelFund 2 2
Youth Club Fund 13 13
Energy Fund 4 (4)
Community
Fund		 39 15 (24) 30
IT Equipment
Fund		 18 (5) 13
Bansta Fund 1 (2) 10
Blades for Our Heroes Fund 1 1
Residences
Fund		 18 (2) 16
Turkish
Pro/ect Fund		 7 20 (3) 24
Wellbeing
Fund
Gardening
for Disabled		 Fund 8
3		 12 (20)
~3)
314 ~86) 304

The am ounts recognised
in the Statement
of Financial
Activiti		 es are as follows
Defined benefit
pension plans
2022 2021
8'000 0000
Current service cost 599 598
Net interest from net defined benefit
asset/liability 361 338
Past service cost 2
962 936
Actual return on plan assets 321
Changes in the present value of the d efined
benefit obligation
are as fol		 lows:
Defined benefit
pension plans
2022 2021
0000 8000
Opening at 1 September 2021 21,210 20,054
Current service cost 599 598
Past service cost 2
Employee contributions 89 96
Interest cost 361 338
Actuanal gains 634
Benefits paid (551) (510)
Remeasurements
Actuarial (gains)/losses from changes in
financial assumptions (6,649)
Other experience 51
~15 112 21,210
Changes in the fair value ofscheme assets are as follows:
Defined benefit
pension plans
2022 202'
0000 E'000
Opening at 1 September 2021 15,601 13,244
Expected return
on assets		 264 225
Employer contnbutions 393 396
Employee contributions 89 96
Administration
expenses		 (7)
Actuarial (losses)/gains 2,157
Benefits paid (551) (510)
Return
on plan assets (excluding
income)		 interest ~526)
15,270 15,601

The am unts
reco		 gnis ed in other reco gnised
gains a		 nd losses are as follows
Defined benefit
pension plans
2022 2021
E'000 E000
Actuarial (gains)/losses from changes in
financial assumptions 6,649
Other experience (51)
Return on plan assets (excluding interest
income) (526)
Actuarial (losses)/gains 1 523
6,072 1 523
The ma)or categories of scheme assets as amounts oftotal scheme assets are as follows:
Defined benefit
pension plans
2022 2021
E'000 E'000
Equities 10,689 10,765
Bonds 3,054 3,276
Property 1,374 1,404
Cash 153 156
15,270 15,601
Principal actuarial assumptions
at		 the Balance Sheet date (expressed as weighted averages):
2022 2021
Discount rate for scheme habilities 4.25% 1 70%
Rate of salary increases 4 20% 395%
Inflation assumption (CPI) 3.20% 2 70%
The sensitivities regardmg the principal
assumptions		 used to measure the scheme the scheme habilities are set out below:
Approximate
monetary
Approximate increase to amount
(E'000)
Change
in assumptions
at		 31 August 2022 Defined Benefit Obligation
0.1%decrease in Real Discount Rate 2% 245
1 year increase in member life expectancy 4% 604
0.1%increase in the Salany Increase Rate 0% 28
0 1%Increase m the Pension Increase Rate (CPI) 1% 219
The curr
assumed		 ent
mortality
assumptions
include
sufficient
life expectations
on retirement
age 65 are:		 allowance
for future
improvements
in mortalit		 y
rates
T		 y
rates
T
2022 2021
Retiring today
Males 22.6 22 o
Females 25.4 25 3
Retiring in 20 years
Males 24.1 24 0
Females 27.3 27.2