Registered number: 03920466 Charity number.. 1088406 CUMBRIA DEAF ASSOCIATION (A company limited by guarantee UNAUDITED TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CUMBRIA DEAF ASSOCIATION (A company Ilmited by guarantee) CONTENTS Page Reference and administrative details of the Charity. its Trustees and advisers Trustees report Independent examinerfs report Statement of financial activites Balance Sheet Notes to the financlal statements 6-13 ## **CUMBRIA DEAF ASSOCIATION** **(A company limited by guarantee)** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024** ## **President** Mrs N Wilkinson, President, (appointed 9 September 2023) Mr R K Bingham, President, (retired 9 September 2023) ## **Vice President** Mr W Turner, Vice President, (appointed 9 September 2023) ## **Trustees** Mr E G Corrie, Treasurer Mr C Allgrove, Chair Mr P A Blacklock, Vice Chair Mr D Bean (co-opted 15 November 2023) Mrs D Howard (co-opted 15 November 2023) Mrs K Blacklock (co-opted 15 November 2023) Mr C Hughes (co-opted 15 November 2023) Mrs I Lucas (co-opted 15 November 2023) Mrs M Gray (co-opted 22 November 2023) Mrs E Rogers (co-opted 15 November 2023) Mr E A Martlew (retired 21 November 2023) ## **Company registered number** 03920466 ## **Charity registered number** 1088406 ## **Registered office** 5 Castle Street, Kendal, Cumbria, LA9 7AD ## **Accountants** TI Accountancy Ltd, 74 Duke Street, Barrow-in-Furness, Cumbria, LA14 1RX ## **Bankers** Barclays Bank Plc, 33 English Street, Carlisle, Cumbria, CA3 8JX ## **Solicitors** Burnetts Solicitors, Victoria House, Wavell Drive, Rosehill, Carlisle, Cumbria, CA1 2ST 1[6] CUMBRIA DEAF ASSOCIATION (A company limited by guarantee) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024 The last financial year has once again continued the recent upward journey that CDA has been building towards. We started the financial year with 10 staff, and end on 16, furthering our abilities to offer servi￿S to those in need in the county. The residual repair works from the previous yearfs criminal darnage and break ins was completed early in the financial year which ensured our buildings were back to full strength. This work 7Ma5, thankfvlly largely covered by insuran￿, so no further capital outlav was reauired. The biggest issue we unfortunately had to deal with was being de-banked by Barclays. This meant that they closed our bank accounts with almost no notice, at the beginning of October 2023. With no ability to pay suppliers, nor to a￿ept payments for outstanding invoices, we were essentially unable to trade. Loans to the business from the CEO and Chair of Trustees ensured that salaries could be paid, and carefvl negotiation with suppliers to delay or reduce payments allowed us to continue. Whilst accounts with alternative banks were sought, the week before Christmas Barclays reinststed our accounts which did allow us to trade and paid a somewhat derisory £41)0 as compensation- despite acknowledging the fault was theirs. We now have an alternative banking facility with the Cothoperative Bank, to which we will migrate in a controlled fashion over time, before closing the Barclays accounts on our temis. The review of our suppliers continued, in an effort to keep costs in check and to keep local to Cumbria where possible. Having chosen not to actively seek funding in the 22-23 year. wanting to ensure we V￿re able to largely eam core costs, in 24-25 year we have re-started grant applications now that the banking situation is resolved. As a￿aYs, the Truste8s would like to extend th8ir Ihanks to all the staff for their continued hard work in promoting the important work that CDA undertakes. CUMBRIA DEAF ASSOCIATION IA ¢omp•ny Ilmlted by 9uarant•o) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent exarnimol¥ reportto the Truste95 of Cumbria DealAssociatlon I rewtto th8 thaiiy Trustees on myexatnlnation dthe accounts ofthe Charityforthe ye¥endad 31 Math 2024. R•¥ponSibA6t[￿ artd ba8h of th8 ￿port As theTruslee$olthe Ch8fity18nd Its forthepwse$ of cony8rty Iw) you arB rFspon¥bk fwlhe yep8r8bon ofthe accounts in awordan￿￿l1hthE wrir8meni$of the Companles A¢t21Y)6. Havkng satisfied mysdflhal Ihe accounts ofthtr tharfty are nol required to bt 8udiied undei Part 16 oftr* 2006Act ￿ ¥e digiNe forthdepandent 0x8n￿nalon. I repcdli iespeGtof my ex8minalh)n of the C￿1￿$ fLwJnts carried wl under Se￿￿Tr 145 efthe ChorIt￿SAG12oll. In ¢aryWrvJ ￿lMyeXarnIn￿th I ha¥efdbw8d tho Directbns given the CharityCommB8k)n under8ection 14515Xbl of Iha 2011 Act. Independent oxaminerfs statement I havecomp￿d myex8rrinalon. I confirrn thai ntr matters kne come to my81ten1￿ In connerlion the examk￿￿OTr omng me réason￿8 ¢aus8 to bdiwe ihat in any maitiial re5￿CL 1. attounting record$werts ￿t kept in re5ped ofthe Charity88 re(wed tyeeEbon 386 ofthe 20D6 ALI". er 2. Iheaccounts th)not accord wilh those re¢ord$: or 3. the2erx)unts (kn not ￿t￿p￿￿1V) accounbng wulranÉnts of 8edh?n 396 ofthE 2C(k8 Act DthÉrth8n gny requir0￿entth￿ ITr￿ accoLnts gfve a Irue and whKh L8 Trx a matterCOr￿K1ered as part ￿an irKleperthnl exBmknation", or 4. theaccounts ha¥8 not been fxepwed inaccwdance wllh the rnethod$ tjnd wiMpl88 of ￿e Stalemeniof Reccfftm8TrJed pr￿ti￿ for a¢wJnlin9 r8POrtSw by th8Thtle¥ 18pWScqbk ¢0 tharth8S prep8thp ththrac)￿ts in ￿0rd￿ Ihe FI￿81 Repoffjry Stsndwd app1K￿8 li the UK Republc oflrdaTrJ IFRS 10211. I thalth&E¥￿ no othw mOtt￿t0**1ch YoUr8ttenU￿ shrAJd ba dra￿ 10 8nafAe a rKoper urtder8land*￿Qlthe arcwntsto be reacl*d. Luty Piechura WT Tl AcrA)untancy Ltd 74 Duke Street Barrw4n-Fum8SS Date.. 03109r2024 LA14 1RX CUMBRIA DEAF ASSOCIATION (A company limited by guarantee) Income and Expenditure Account For The Perlod Ending: 3110312024 Unrestricted Restricted funds funds 2024 2024 Unrestricted Restricted funds funds 2023 2023 Total 2024 Total 2023 Notes Income From Donations & legacies Charitable ackn'vib'es Investments Other Totsl 57640 149700 249 2002 209591 57640 149700 249 2002 209591 6,256 116,759 86 5857 128.958 21.360 27,616 116.759 5.857 21,360 150,318 Expendlture on Raising funds Charitable expenses Total 14580 283689 298268 14580 283689 298268 35,348 156,485 191,832 35,348 21,360 177,845 21,360 213,193 Net movement in funds before other recognised gains Other recognised gains: Actuarial gains on defined benefrt pension schemes Net movement in funds -88677 -88677 2,874 -62,874 20 8677 -88677 42,874 -62,874 Fund balances at 1 April 2023 Net movement In funds Fund balances at 31 March 2024 214,902 4.995 219.897 277.776 4,995 282,771 -88,677 -88,677 2,874 -62.874 126,225 4,995 131,220 214,902 4,995 219,897 CUMBRIA DEAF ASSOCIATION (A company limited by guarantee) Balance Sheet For The Period Ending: 3110312024 2024 2023 Notes Fixed Assets Tangible assets Total 13 161,545 161,545 175,321 175,321 Current Assets Debtors Cash in bank and in hand Total 15 6,801 7672 45,274 17112 52,075 Cred5tor8 Amounts falling in one year Total 16 47436 -7,499 47436 99 Net Current Assets Total assets less current liabilities Defined benefit pension scheme assevliability Total net assets -30324 44.576 131,220 219,897 20 131220 219 897 Funds of the charlty Restricted funds Unrestricted funds Total 17 17 4,995 126,225 4,995 214,902 131220 219897 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The membets have nol required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The trustees acknowledge their responsibililies for complying with the requirements of th8 Act with respect to accounling records and preparation of financial statements. The financial statements have been p￿pared in accordance with the provisions applicable to entities subject to the all companies regime. tements were approved and authorised for issue by the Trustees and signed on their alf Mr C Allgrove Chair Date: CUMBRIA DEAF ASSOCIATION IA Company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1. General Information Thè charity is a company limited by guarantee incorporated in England and Wales and a registered charity with charity number 1088406. The registered office address is 5 Castle Street, Kendal, Cumbria, LA9 7AD. The principal adivity of the charity is being the major specialist deaf charity operating throughout Cumbria for all county residents experiencing any degree of hearing or dual sensory loss. 2. Accountlng policies 2.1 Ba$1$ of preparation of financial ststsments The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019}, the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Cumbria Deaf Association meets the definrtion of a public benefil entity under FRS 102. Assets and liabilites are initially recognised at historical Cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Golng concern On 11th March 2020 the World Health Organisation announced that COVlD-19 was a global pandemic which led to enforced restrictions and business closures being introduced by the UK Govemment. Whilst the UK is now out of lockdown méasures, the ec￿nOMiC impact of the pandemic is still being felt. At the time of approving the financial slatements, the Trustees have Considered the ongoing influence on the operations and finances of the charity. New working methods have been sutcessfvlly implemented which have allowed all seNices to continue to be delivered to se￿1￿ users. The charity continues to undertake a cost reduction exercise to minimise costs and for this reason, the Trustees consider the going concem basis to be appropriate, with a full assessment included in the Trustees, Report. 2.3 Income All income is recognised once the Charity has entillement to the income. It is probable that the income will be re￿iVed and the amount of income receivable can be measured reliably. The recognition of in¢ome from legacies is dependènt on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has SLrfficient evidence that a gift has been left to them {through kn¢)wledge of the existence of a valid will and thè death of the benefactor) and the executor is satisfied thal the propety in question will nol be required to satisfy claims in the estatè. Re¢eipt of a legacy must be ret￿gnised when it is probable that it will be received and the fair value of Ihe amount receivable, which will generally be the expected cash amount to be distributed to the charity. can be reliably measured. Grants are included in the Stslement of Financial Adivities on a receivable basis. The balance of income received for specifi¢ purposes but not expended during the period is sh¢)wn in the relevant funds on the Balance Sheet. Where income is re￿ived in advance of entitlement of receipl, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Other income is recognisèd in the period in which it is receivable and to the extent the goods have been provided or on completion of the seNice. 2.4 Expendlture Expenditure is retognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classrfied by activity. The costs of each activty are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activty and support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expendsture on raising funds includes all expenditure incurred by Ihe charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditu￿ on chatitable activities is incurred on directly undertaking the activities which further the charitys objectives. as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Tangiblè fixed assets and depreciation Tangible fixed assets are initially recognised at wst. After recognition. under the cost model, tangible fixed assets are measured at cost less a¢cumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed assel into its intended working condition should be included in the measurement of cost. Depreciation 1$ charged so as to all¢)¢ate the cost of tangiblè fixed assets less their residual value over their estimated us8ful lives. Depreciation is provided on the following basis: Freehold Property 20/0 Straight line Fixtures & Fittings 150/0 Reducing balance Office Equipmenl 10a/a Straight line 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.8 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it musi provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the p￿sent value of those amounts, discounted at the pr&tax discount rale that reflects the risks spetrfic to the liability- The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. 2.9 Flnancial in8truments The charity only has financial assets and financi81 liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.10 Pensions The charity operate5 a defined contribution pension scheme and the pension charge represents the amounts payable by the Gharity to the fund in respect of the year. The charity also operates a defined benefits pension scheme and the pension charge is based on a full actuarial valuation dated 2 December 2018. 2.11 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtheran￿ of the general objectives of the Gharity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and adminislering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. 3. Income from donations and legacies Unrestrlcted funds 2024 Total funds 2024 Donations Legacies Grants 2991 46649 8000 57640 2991 46649 8000 57640 Unreslncted funds 2023 Total fvnds 2023 Donations Legacies Grants 6328 -270 198 6256 6328 -270 21558 27616 4. Incorne frorn charitable actFvities Unrestrlctsd funds 2024 Total fund8 2024 Income from charitable activities 149700 149700 149700 149700 Un￿stricted funds 2023 Total fvnds 2023 Income from charilable activities 116759 116759 116759 116759 S. Investment in¢omo Unrestricted funds 2024 Total funds 2024 Total funds 2023 Investment income 249 249 249 249 86 86 6. Other income resources Unrestricted funds 2024 Total funds 2024 Renlal income Other income 1742 260 2002 1742 260 2002 Unrestricted funds 2023 Total funds 2023 Rental income Other income 5779 78 5857 5779 78 5857 7. Expenditure on raising funds Unrestricted funds 2024 Total funds 2024 Costs of raising voluntsry income 14580 14580 14580 14580 Unrestricted fiinds 2023 Total funds 2023 Costs of raising voluntary income 35348 35348 35348 35348 8. Analysls of expenditure on charltsble actlvttles Summary by fund type Unrestricted funds 2024 Total funds 2024 Statutory services Training services 273908 9780 283689 273908 9780 283689 un￿stricted funds 2023 Total funds 2023 Statutory services Training services 150534 5951 156485 171894 5951 177845 9. Analysis of expenditure by acllvites Actlvltles undertaken Support directly 2024 costs 2024 Total funds 2024 Statutory services Training services 118554 155354 9780 165134 273908 9780 283689 118554 Activities undertaken Support costs Total fiinds d1￿cl1Y 2023 2023 2023 Statutory servi￿5 Training seNices 69299 102594 5951 108545 171894 5951 177845 69299 Analysis of direct costs Statutory service6 Totsl funds 2024 2024 Staff costs Stationery, postage, phone & sundries Consultancy fees 115220 2446 888 118554 115220 2446 888 118554 Statutory serrfices 2023 Total ftinds 2023 Staff costs stationery. postage, phone & sundries Consultancy fees 68356 839 105 69300 68356 839 105 69300 Analysls of support costs Statutory services 2024 Training Se￿1¢8$ 2024 Total funds 2024 Staff costs Depreciation Stationery, postage. phone & sundries Light & Heat Repairs & maintenance lllsurance ICT support Marketing Training and recruitment Other costs Governance costs 97297 14175 102 10260 1389 1783 18172 5674 97297 14175 102 10260 1389 1783 18172 5674 5135 1366 155354 9780 14915 1366 165134 9780 Statutory sernices 2023 Training seNices 2023 Totsl fvnds 2023 10 Staff costs Depreciation Stationery, postage, phone & sundries ght & Heat Repairs & maintenance Insuran ICT support Marketing Training and recruiiment Other costs Governan￿ Costs 52738 14338 22 3749 1176 2343 17020 4787 52738 14338 22 3749 1176 2343 17020 4787 5951 7994 4377 108545 4377 102594 5951 10. Independent exarninerf8 remuneration 2024 2023 Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts 1634 900 1634 900 11. Staff Costs 2024 2023 Wages and salaties Social security costs Contribution to defined contribution pension schemes Operating costs of defined benefit pension schemes 192189 6504 8802 600 208095 110476 1674 5712 600 118462 The average number of person5 employed by the Charity during the year was as follows: 2024 2023 Administrative staff 15 15 No employee received remuneration amounting to more than £60.OCNJ in eithèr year. During the year remuneration amounting to £36.027 (2023 - £35.387) was payable to 1 member of staff (2023- 1 member of staff) deemed to be key management. 12. Trustses. remuneration and expenses During the year. no Twstees received any remunderation or other benefits (2Q23- NIL). During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- NIL) . 13. Tangible fixed assets Freehold Flxtures & property Fittings Office Equlpment Cost or valuatlon Totsl At 1 April 2023 Additions At 31 March 2024 289,299 70670 24,994 399 25,393 384,963 399 385,362 289,299 70,670 Depreciation At 1 April 2023 Charge forthe year At 31 March 2024 150,682 5.786 156,468 42383 7067 49,450 16,577 1322 17,899 209,642 14,175 223,817 NBV at 31 March 2023 138,617 28,287 8,417 175,321 11 NBV at 31 March 2024 132.831 21.220 7,494 161.545 14. Fixed asset investments Unllsted investments Cost or valuatlon At 1 April 2023 Disposals At 31 March 2024 10000 -10000 Impalmient At 1 April 2023 Disposals Al 31 March 2024 10000 -10000 At the previous year end date, the Trustees Considered the valuation of the investment in Deaf UK Limited and believed that due to the dormant slatus of the companls operations the value of the investment was impaired 8nd held a more realistic value of £Nil. On 5th July 2022, the company was dissolved at Companies House. 15. Debtors 2024 2023 Trade debtors Other debtors 8749 691 9440 6110 691 6801 16. Creditors: Amounts falling due within one year 2024 2023 Trade creditors Other taxalion and social security Other creditors Accruals and deferred income -2367 3745 46057 1742 4026 830 900 7499 47436 17. Statement of funds Statement of funds - current year 8alan¢o at 1 April 2023 Balance at 31 March 2024 Unrestrlcted funds Income Expenditure Gains I {Losses) General Funds - all funds 214.902 214,902 209,591 209,591 -298268 -298,268 126.225 126,225 Restricted funds Smart Energy in Communities 4,995 4.995 4,995 4.995 Total Funds 219 897 209,591 -298,268 131220 Smart Energy in Communities - this funding was provided to allow the Charity to support seNi¢e users during the process of switching to smart energy meters. Statement of funds - prior year Balance at l Apnl 2022 Income Expenditu Gains / Balance 8t 31 (Losses) March 2023 12 Unrestricted funds General Funds - all funds 277, 776 277, 776 128,958 128,958 -191832 -791,832 214,902 274,902 Restricted funds Smarl Energy in Communities Community Conversations Project Carlisle Cost of Living Grant 4,995 4,995 18.600 2, 760 21.360 -18600 -2760 -21.360 4,995 4,995 Total Funds 282,777 150,318 -213,192 219,897 18. Summary offund8 Summary of funds - Current year Balance at 1 April 2023 Income Expenditure Gains I {Losses) Balance at 31 March 2024 General Funds - all funds Restricted Funds 214.902 4.995 219,897 209,591 -298,268 126,225 4.995 131,220 209,591 -298.268 Summary of funds- prior year Balan￿ at 1 Apnl 2022 Income Expenditure Gains/ (Lossgs) Balance at 31 Ma￿h 2023 General Funds- all funds Restricted Funds 277, 776 4,995 282, 771 128,958 21,360 150.318 -191,832 -21.360 -213,192 214,902 4,995 219,897 19. Analy818 of net assets between funds Analysis of net assets between funds - Current year Restrlctod Unrestslcted Funds Funds 2023 2023 Total Fund8 2023 Tangible fixed assets Cuffent assets Creditors due within one year 161.545 12,117 47,436 126,225 161,545 17.112 47,436 131,220 4995 4,995 Anatysis of net assets between funds - prior year Reshycted Funds 2023 Unmstrictad Funds 2023 Total Funds 2023 Tangible fixed assets Current assets Creditors due wilhin one year 175,321 47.080 -7,499 214,902 175,321 52.075 -7,499 219,897 4995 4,995 20. Related party transactions The charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the charity at 31 March 2024. 13