Charity registration number 1101140 (England and Wales) Company registration number 04716514 EAST SUSSEX HEARING ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Caladine Chartered Certified Accountants
EAST SUSSEX HEARING LEGAL AND ADMINISTRATIVE INFORMATION Trustees D Bone G Morris Dr J Martyr S Thursfield A Carter Dr K Norwood Mr P Murden (Appointed 28 March 20251 Chief Executive-joint Chief Executive-joint M Dimmock G Chetcuti Secretary G Chetcuti Charity number 1101140 Company number 04716514 Independent examiner J Caladine FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastboume East Sussex BN21 1BF Bankers Metro Bank One Southampton Row London WC1B SHA
EAST SUSSEX HEARING CONTENTS Page Trustees, report Statement of Trustees, responsibilities Independent examinels report Statement of financial activities Statement of financial position Notes to the financial statements 9-22
EAST SUSSEX HEARING TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Associats'on, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019)" Objectives and activities The Charity's main objectives remain unchanged and that is to improve the quality of life for people with hearing loss and anyone with a dual sensory loss (deafblindl and to redu loneliness and isolation within the community. We provide a range of support servi$ for clients including= information & advice, equipment demonstrations and installations, lipreading and sign language classes, communication training, peer support groups, hearing health checks including initial hearing screening, and microsuction ear wax removal. In addition to the above-mentioned services, we also provide Deaf Awareness Training to family, friends, carers, health worker and businesses to enable them to communicate more effectively with someone who has a hearing loss. Public benefit The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Some of our key services include.. Information and Advice From our Centre in Eastbourne and throughout the county via our volunteer-led outreach service and Hearing Hopper outreach vehide. Hard of Hearing Groups - Support groups in Eastboume. Lewes. Uckfield, St Leonards-on-sea and Hastings. Deafblind Groups - Support group in Eastboume. Sign Language Classes- Our Eastboume Centre (4). other {3). Lipreading Classes - Eastboume and Seaford. Hearing Health Checks and Initial Hearing Screening - From our Centre in Eastboume and throughout the county via our Hearing Hopper outreach vehide and community-based pop-up-sessions. Ear wax removal is available from our Centre in Eastboume or at home. Equipment Installation and Repair We Install and maintsin hearing assistive equipment on behalf of East Sussex County Council's Sensory Impairment Team (SIRT). Hearing Assistive Equipment Demonstrations - From our Centre in Eastboume and throughout the county via our Hearing Hopper outreach vehicle. Volunteering - A range of voluntary opportunities are available in our Centre in Eastbourne and throughout the county.
EAST SUSSEX HEARING TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The future Our key goals for the next 12 months or so are: To generate increased funding to enable us to continue to run our existing services. To expand the reach of our 'Hearing Hopper. outreach vehicle to enable us to reach even more rural and isolated communities. Continue to run and expand our hearing health checks and initial hearing screening servi. To develop further our Deaf Awareness Training services with a focus on supporting businesses and organisations to become more hearing-loss fn"endly and indusive. We are a small charity a loyal and dedicated team of staff and volunteers and we pride ourselves on the level of service that we provide. However, we can only continue to provide this much needed service to the local hard of hearing community with the kind, generous support of nders- moving us closer to achieving our goal of an inclusive sociely where hard of hearing people can feel part of their l¢xal community and enjoy an independent life. Financial review There was a surplus for the year on general funds of £24,404 after transferring £88,815 from the designated property fund and after covering any deficits arising on restricted funds (2024.. deficit of £52,298). The charity seek to maintain at least 3 months operating expenditure as reserves calculated to be beeen £60.000 and £70,000. General fund carried fotward are £41,800 (2024.. £17,396) and the trustees are looking to raise income levels through grant making trusts and a variety of fundraising initiatives. The Charity still holds £229,420 on designated unrestricted fijnd for propety matters which can be utilised for General fund matters. The Trustees have assessed the major risks to vthich the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. Structure, governance and management The charity is a company limited by guarantee and was registered with the Charity Commission for England and Wales on 10 December 2003. The Charity changed its name to East Sussex Hearing on 5th June 2020. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were= D Bone G Morris Dr J Matyr S Thursfield A Carter Mr E Rayner Dr K Norwood Mr P Murden (Resigned 1 May 2024) (Appointed 28 March 2025) All of the Trustees are eligible for re*lection and wll be proposed for re-eledion at the next Annual General Meeting. New Twstees are appointed by majority vote of members in general meeting Following the retirement of Mr D Rowan the Charity is managed on a day to day basis by Mr M Dimmock and Mrs G Chetcuti as joint chief executs.ves together vrfith support staff. Trustees meet regularly to oversee the work of the charity.
EAST SUSSEX HEARING TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, report was approved by the Board of Trustees. D Bone Chainnan 14 November 2025
EAST SUSSEX HEARING STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, who are also the directors of East Sussex Hearing for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acpted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming reSoUrS and application of resources, induding the income and expenditure, of the charitsble company for that year. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounb'ng Standards have been followed, subject to any material departures disclosed and explained in the financial statements.. and prepare the financial statements on the going cOnM basis unless it is inappropriate to presume that the charity 11 continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
EAST SUSSEX HEARING INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EAST SUSSEX HEARING I report to the Trustees on my examination of the financial statements of East Sussex Hearing (the charity) for the year ended 31 March 2025. Responsibilities and basis of report As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independenl examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent examinerfs statement Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of ACCA, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statements do not accord wth those records" or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination- or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. J Caladine FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1 BF Dated: 14 November 2025
EAST SUSSEX HEARING STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current financial year Unrestricted Unrestricted Restricted funds funds funds general designated 2025 2025 Total Total 2025 2025 2024 Notes Income from: Voluntary Income Incoming resources from charitable activities Other income Investments 38,080 38,080 12,170 336.420 3.524 4.313 1,290 337,710 3,524 4,313 315,380 9.667 7.662 Total income 382.337 1,290 383,627 344.879 enditure on: Raising funds 1,125 Charitable Activities 433,394 16,547 449,941 379,103 Total resources expended 433.394 16,547 449,941 380,228 Net gainsl(losses) on investments 13 (7.326) (7,326) 13.051 Net outgoing resources before transfers (58,383) (15,257) (73,640) {22,298) Gross transfers beeen funds 21-23 82.787 (88,815) 6,028 Net movement in funds 24.404 (88,815) (9,229) (73,640) {22.298) Fund balances at 1 April 2024 17,396 318,235 31,842 367,473 389,771 Fund balances at 31 March 2025 41,800 229,420 22,613 293,833 367,473 The statement of financial activities indudes all gains and losses recognised in the year. The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
EAST SUSSEX HEARING STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prior financial year Unrestricted Unrestricted Restricted funds funds funds general designated 2024 2024 Total 2024 2024 Notes Income from: Voluntary Income Incoming resources from charitable activities Other income Investments 12,170 276,787 9,667 7,662 12,170 315,380 9,667 7,662 38,593 Total income 306,286 38,593 344,879 Ex enditure on: Raising funds 1,125 1.125 Charitsble Activities 361,851 17,252 379,103 Total resources expended 362,976 17,252 380,228 Net gainsl(losses) on investments 13 13,051 13,051 Net outgoing resources before transfers (43,639) 21,341 {22,298) Gross transfers beeen funds 21 (8,659) 8,659 Net 1ncomel(expenditu) for the yearl Net movement in funds (52,298) 30,000 {22,298) Fund balanS at 1 April 2023 69,694 318,235 1,842 389,771 Fund balances at 31 March 2024 17,396 318,235 31,842 367,473 The statement of financial activities indudes all gains and losses recognised in the year. The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
EAST SUSSEX HEARING STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Property. plant and equipment 15 28.804 42.793 Current assets Inventories Trade and other receivables Investments Cash at bank and in hand 16 17 18 16,216 19,827 149,902 92,390 22,000 16,235 157,229 137,769 278,335 (13.306) 333,233 {8,553) Current liabilities 19 Net current assets 265,029 324,680 Total assets less current liabilities 293,833 367.473 Income funds Restricted funds Unrestricted funds - designated Unrestricted funds - general 21 23 22,613 229,420 41,800 31,842 318,235 17,396 293,833 367,473 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying wth the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordan viith the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 14 November 2025 D Bone Chairman Company Registration No. 04716514
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Company information East Sussex Hearing is a prrvate company limrted by guarantee incorporated in England and Wales. The registered office is Chantry House, 22 Upperton Road, Eastboume, East Sussex, BN21 1 BF. 1.1 Basis of preparation The financial statements have been prepared in accordan with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling. vthich is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going Concem At the time of approving the financial statements, the Truslees have a reasonable expectation that the charity has adequate resources to continue in operational existen for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. The core activities of the charity East Sussex Hearing are overseen by the general fvnd which also incorporates Ihe Hearing Resour Centre and Induction Loop Installation work. The general fund provides support funding for the various other activib'es of the Trust to include sign writing, lip reading, outreach and prescription work all considered core activities of the Trust. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Expenditure which meets these Criteria is charged to the fund together with the appropriate management and support costs. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably, and it is probable that income will be reived. Cash donations are recognised on receipt. Other donations are recognised On the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwse if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) 1.5 Expenditure Expenditure is recognised On there is a legal or constwctive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocaled directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activty are apportioned beeen 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 are allocated on the portion of the asset's use. Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. 1.6 Property, plant and equipment Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis.. Fixtures, fittings and equipment Motor vehicles 250A on a reducing balan basis 200.250fi on a straight line basis The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. Fixed assets costing below £2,000 are not capitalised. 1.7 Impairment of non-current assets At each reporting end date, the charity reviews the carrying amounts of its tsngible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.8 Inventories Inventories are stated at the lower of cost and estimated selling pri less costs to complete and sell. Cost comprises direct materials and, vthere applicable. direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replament cost and cost. Net realisable value is the estimated selling pri less all estimated costs of Completion and costs to be incurred in marketing, selling and distribution. 1.9 Cash and cash equivalents Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 10-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) 1.10 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial inslruments are recognised in the charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and setue the liability simultsneously. Basic financial assets Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the fulure receipts discounted at a market rate of interest. Financial assets dassified as re1vable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction pri and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.11 Employee benefits The cost of any unused holiday entitlement is recognised in the perrod in which the employee's services are received. 1.12 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 1.13 Allocation and apportionment of costs Salaries are apportioned beleen the charitable activities based upon time allocated to each project. Direct costs of fundraising are allocated accordingly to the project that incurred the expense. 1.14 Current asset investments Current asset investments are initially measured at transaction price exduding transaction costs. and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net incomel(expenditure) for the year. Transaction costs are expensed as incurred. 11
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critical accounting estimates and judgements In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods vthere the revision affects both current and future periods. Income from donations and legacies Unrestricted funds 2025 Unrestricted funds 2024 Donations and gifts Legacies 14,452 23,628 12,170 38,080 12,170 Income from charitable activities Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Fees receivable Grants receivable 131,827 204,593 1,290 133,117 204,593 84,259 192,528 2,229 36,364 86,488 228,892 336,420 1,290 337,710 276,787 38,593 315,380 Income from other trading activities Unrestricted Unrestricted funds funds 2025 2024 Fundraising events 3,524 9,667 12-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments Unrestricted Unrestricted funds funds 2025 2024 Income from unlisted inveslments Interest receivable 4,276 37 4,192 3,470 4,313 7,662 Raising funds Total Unrestricted funds general 2024 2025 Fundraisin and ublici Contract ServIS {Fundraisers) 1,125 1,125 13-
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EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs Support Governance costs costs 2025 Support Governance costs costs 2024 Depreciation Rent and service charges Insurance Computer and intemet Office expenses Subscriptions Telephone 16,079 33,576 2,304 4,864 19,173 216 3,195 16,079 33,576 2,304 4,864 19,173 216 3,195 8,733 30,493 1,781 3,816 20,170 216 2,256 8,733 30,493 1,781 3,816 20,170 216 2,256 Independent Examination Professional fees Accountancy Payroll services Annual return fee 1.080 5.550 2.616 1.056 1.080 5.550 2.616 1.056 1,020 3,909 1,976 1,056 1.020 3.909 1.976 1.056 13 79,407 10,336 89,743 67,465 7,974 75,439 Anal sed beeen Charitable activities 79,407 10,336 89,743 67,465 7,974 75,439 10 Net movement in funds 2025 2024 The net movement in funds is stated after chargingl(crediting)'. Fees payable for the independent examination of tt)e charity's financial statements Depreciation of owned propety, plant and equipment 1,080 16,079 1,020 8,733 11 Trustees None of the Trustees (or any persons conneded with them) reiVed any remuneration or benefits from the charity during the year. 16-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Manager Administration Charitable activities Total 10 Employment costs 2025 2024 Wages and salaries Social security costs other pension costs 225,252 13,835 6,307 211.203 12.638 6,454 245,394 230,295 There were no employees whose annual remuneration VRS more than £60,000. Remuneration of key management personnel No employees are considered to be key management as recognised by the charity SORP. 13 Gains and losses on investments Unrestricted Unrestricted funds funds 2025 2024 Gainslllossesl arising on= Revaluation of investments (7,326) 13.051 14 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 17-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Property, plant and equipment Fixtures. frtting5 and equipment Motor vehicles Total Cost At 1 April 2024 Additions 32,292 2,090 61,930 94,222 2,090 At 31 March 2025 34,382 61,930 96.312 Depreciation and impaimient At 1 April 2024 Depreciation charged in the year 25,524 2,215 25,905 13,864 51.429 16,079 At 31 March 2025 27,739 39,769 67,508 Carrying amount At 31 March 2025 6,643 22,161 28,804 At 31 March 2024 6,768 36,025 42,793 16 Inventories 2025 2024 Finished goods and goods for resale 16,216 22,000 17 Trade and other receivables 2025 2024 Amounts falling due within one year: Trade receivables Other receivables Prepayments and accrued income 4.746 7.250 7.831 1.135 7.250 7.850 19,827 16,235 18 Current asset investments 2025 2024 At 1 April 2024 Unrealised loss in year 157,229 (7,327) 144,175 13.054 At 31 March 2025 149,902 157.229 18-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Current liabilities 2025 2024 Accruals and deferred income 13.306 8.553 20 Retirement benefit schemes 2025 2024 Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes 6,307 6,454 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 21 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2024 Incoming resources Resources expended Transfers At 31 March 2025 Be Smart IT workshops Outreach work Deaf Job Club Fund Lipreading Fund Hearing Hopper Fund 1,342 500 (1.342) (500) (797) (6.521) (7,387) 797 5.231 1.290 30,000 22,613 31,842 1,290 (16,547) 6,028 22,613 Previous year: At 1 April 2023 Incoming resources Resources expended Transfers At 31 March 2024 Be Smart IT workshops Outreach work Deaf Job Club Fund Lipreading Fund Hearing Hopper Fund Sundry Restricted Funds 1,342 500 1,342 500 (1,559) (9,329) 1,559 7,100 2,229 30,000 6,364 30,000 (6,364) 1,842 38.593 (17,252) 8,659 31,842 19-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Restricted funds {Continued) Be Smart - IT workshops - this fund is used to run free workshops on using IT equipment such as laptops, tablets and smartphones. Outreach work - grants reiVed to run outreach events in Eastboume. Deaf Job Club Fund - this fund is for a retum to work job dub. The deficit on this fund was covered by a transfer from the General fvnd. Lipreading Fund - this fvnd is for lipreading classes. The deficit on this fvnd was covered by a transfer from the General fund. Sussex Community Fund - this grant is for running training. workshops, support classes and hearing aid maintenance. Hearing Hopper Fund - A grant from Sussex Masonic Society for the purchase of a vehicle. The depreciation of the vehicle to be charged against the fvnd from 1 stApril 2024 over 4 years. Sundry Restricted Funds - incorporates small restricted grants for a portable audiometer, hearing aids and micro-suction work. These funds were expended in the year. 22 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources expended Transfers Gains and At 31 March losses 2025 General funds 17,396 382,337 (433,394) 82,787 (7,326) 41,800 Previous year: At 1 April 2023 Incoming resources Resources expended Transfers Gains and At 31 March losses 2024 General funds 69,694 306,286 (362.976) (8.659) 13.051 17.396 -20-
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 23 Unrestricted funds - designated These are unrestricted funds which are material to the charity's activities. Balance at Transfers Balance at Transfers 1 April 2023 1 April 2024 Balance at 31 March 2025 Capital fund (designated) 318,235 318,235 {88,815) 229,420 Notes The capital fund represents gifts and funds set aside for future refurbishment of existing buildings or purchase or lease of a new building. During the year 2024125 the sum of £88,815 was transfeed back to the General Fund to replenish reserves. 24 Analysis of net assets between funds Unrestricted Unrestricted funds funds general designated 2025 2025 Restricted funds Total 2025 2025 At 31 March 2025: Propety, plant and equipment Current assetsl(liabilities) 6.643 35.157 22.161 452 28.804 265.029 229.420 41,800 229,420 22,613 293,833 Unrestricted Unrestricted funds funds general designated 2024 2024 Restricted funds Total 2024 2024 At 31 March 2024: Propety, plant and equipment Current assetsl{liabilities) 12.793 4.603 30,000 1,842 42,793 324,680 318.235 17.396 318.235 31.842 367.473 21
EAST SUSSEX HEARING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Operating lease commitments Lessee The company had annual commitments under non-cancellable operating leases for rent and services. At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows= 2025 2024 Within one year Between two and five years 33.000 24.750 31.900 55.825 57,750 87,725 26 Related party transactions There were no other disclosable related paty transactions during the year (2024= none).