**REGISTERED CHARITY NUMBER: 1110373 COMPANY NUMBER: 5277257**
## **The Manchester Deaf Centre Limited**
**Report and Financial Statements for the Year ended 31 March 2023**
The Manchester Deaf Centre Limited
## **CONTENTS OF THE FINANCIAL STATEMENTS For the Year Ended 31[st] March 2023**
**Page** Reference and Administrative Details 1 Report of the Trustees 2 - 7 Independent Examiner’s Report 8 Statement of Financial Activities 9 Balance Sheet 10 Statement of Cash flows 11 Notes to the Financial Statements 12 - 29
The Manchester Deaf Centre Limited Reference and administrative information For the year ended 31 March 2023
|**Company number**|5277257|
|---|---|
|**Charity number**|1110373|
|**Registered ofce & operatonal address**|Crawford House, Booth Street East, Manchester, M13 9GH|
|**Trustees**|Trustees, who are also directors under company law, who served during the|
||year and up to the date of this report were as follows:|
||Alistair Wright|
||Pauline Roberts|
||Brian Kokoruwe|
||Shelley Lanchbury|
||Christne Wright|
||Claire Baldwin Vice-chair|
||John Wareham Chair|
||Michael Doyle Treasurer|
||Arbab Hussain (resigned 17 February 2023)|
|**Company Secretary**|Mark Woodall
Claire Holland|
|**Key management Personnel**|Mark Woodall Senior Manager
Claire Holland Senior Manager (appointed 21stFeb 2022)|
|**Bankers**|Co-operatve Bank|
||PO Box 250|
||Delf House|
||Southway|
||Skelmersdale|
||WN8 6WT|
|**Independent Examiner**|Leanne Nield ACA
Arc Accountancy Solutons Limited|
||51 Laverton Road|
||Lytham St. Annes|
||Lancashire|
||FY8 1EN|
1
The Manchester Deaf Centre Limited Trustees annual report For the year ended 31 March 2023
## **Chair’s Annual Report, 2022-2023**
Manchester Deaf Centre continued to create exceptional opportunities for all those that are part of and/or support the deaf/Deaf community in the last year!
Our employees and volunteers demonstrated their capacity to sustain our crucial support service delivery to some of the most vulnerable hard of hearing, Deaf, Deafblind, deafened and hearing citizens of Manchester and the surrounding areas, through various engagement provisions of information, advice and advocacy support for example; in the maintenance of wellbeing and skeleton employment, enterprise and youth services in small groups; and through carefully risk-managed home visits and community outreach work compliant with key worker guidelines.
We have supported the hearing community by delivering high quality Deaf Awareness and British Sign Language training so that they might be more inclusive and accessible, our BSL interpreter booking service, and our city centre-based room hire.
We continue to provide a range of activities for our beneficiaries and are encouraged by the much-needed opportunity to attend the centre again, where they can not only have their support needs met but also carry out activities and socialise with their peers.
Manchester Deaf Centre services are now fully back to operating face to face however, we still offer remote support for individuals who find this preferable.
I am proud of the many achievements that this report references, across each of our different services:
1. Wellbeing, Advocacy, IAG, Training, Enterprise and Employment (WAITE)
2. Children and Young People
3. Our Courses and Interpreter Services
All delivered in British Sign Language or with the assistance of qualified, experienced and NRCPD-registered Interpreters and communication professionals according to service-user communication needs and preferences, online or face to face.
Manchester Deaf Centre has recently addressed some very real challenges and without support from those that care about the activities we deliver; employees, volunteers, trustees and users of the Centre, we may not have been able to continue as an organisation.
There are many reasons to be encouraged, the Trustees have worked extremely hard to ensure the governance and leadership of the Centre are making a difference and supporting the many activities we deliver to improve people’s lives. Everyone at the Centre, and those that are delivering activities on our behalf, are doing their best to make sure no-one is left without someone or something to address their quality-of-life issues.
We will continue to work as hard as we can to ensure the Manchester Deaf Centre grows over the coming years.
John Wareham, Chair of Trustees, The Manchester Deaf Centre
2
## The Manchester Deaf Centre Limited Trustees annual report For the year ended 31 March 2023
The trustees present their report and the audited financial statements for the year ended 31[st ] March 2023. Included within the trustee’s report is the Director’s report as required by company law. Reference and administrative information are set out on page 1 which forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
## **Our History**
The Manchester Deaf Institute was established in 1846, becoming the Manchester Deaf Centre (MDC) in 1990. MDC is the leading provider of services for deaf, deafened, hard of hearing and partial hearing people in Manchester and beyond and for those visiting Manchester to access hospitals and other services. MDC also has long established connections with other deaf centres and providers throughout the region.
Our services for deaf people which include: an employment service, youth service, community bar & cafe, volunteering scheme, Social Club, tinnitus group, sign and play pre-school group, mental health & well-being group and interpreting service. We have fully trained and qualified staff, along with established systems and procedures for the management of funded services.
We have a long history and understanding of meeting the needs of deaf/Deaf people through a variety of tailored services and methodologies. We are well placed for the provision of professional communication support services incorporating BSL (British Sign Language), (SSE) Sign Spoken English, Deaf-blind interpreters, Lip-speakers, Electronic Note-takers and SSTRs (Speech to Text Reporter).
## **MDC Services**
Manchester Deaf Centre is at the heart of Greater Manchester’s D/deaf and hard of hearing community. We are a hub for inclusion, advocacy, accessibility, support, training and information. At MDC, we are proud to provide a range of services that support and empower the community of which we are part.
Our main service offerings are:
1. Wellbeing, Advocacy, IAG, Training, Enterprise and Employment (WAITE)
2. Children and Young People
3. Our Courses and Interpreter Services
We are also proud to provide qualified and NRCPD-registered BSL/English Interpreters as means of breaking down access barriers between D/deaf and hearing people and enabling D/deaf citizens of our city region to access presently exclusive organisations spanning the public, private and not-for-profit sectors, enjoy amenities and benefit from services on an equitable basis.
## _Courses for Public Benefit_
We delivered British Sign Language courses between April 2022 and March 2023.
Through the year, we delivered:
- (i) Deaf Awareness Training to organisations keen to extend their learning, begin to review and improve their operating procedures.
- (ii) Introduction to British Sign Language courses to organisations locally who were keen to extend their accessibility and reach; and
- (iii)Inclusive Employment and Access to Work were among the other courses we created from scratch and at the year end, work was on-going to promote these and secure take-up.
3
The Manchester Deaf Centre Limited Trustees annual report For the year ended 31 March 2023
## **Governance, People and Operations**
The trustees review the aims, objectives and activities of the charity each year.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.
## _Governing document_
Manchester Deaf Centre was established in 1846 as Adult Deaf and Dumb Institute. The original constitution was adopted in 1866. It changed its name in 1990 to Manchester Deaf Centre. The Deaf Centre moved from Grosvenor Street in 1975 to its present premises in Crawford House, Booth Street East. The Deaf Centre became an incorporated charity on 3 October 2005, having previously been an unincorporated charity no. 221247. The Deaf Centre is governed by Memorandum and Articles of Association.
We have reviewed our governing document and intend to become a Charitable Incorporated Organisation in 2023.
## _Company status_
The company is limited by guarantee and all members have agreed to contribute a sum not exceeding £10 in the event of a winding-up.
## _Governance_
Our organisation is proudly governed by a diverse Board of Trustees who are predominantly from the Deaf/deaf/deafened/hard of hearing community. Allied with the skills of deaf staff members with which we work, their experiences of work and life make for authentic, grounded direction respectful of and responsive to need across the hard of hearing, D/deaf and deaf blind communities of Manchester and the wider city region. Theirs is a shared job of leading organisational and service development within the bounds set by our charitable objectives.
## _Trustees_
Manchester Deaf Centre continues to be led by a Board of Trustees who are mainly Deaf/deaf/deafened /hard of hearing. The Trustees bring invaluable lived experience to their work and help with strategic direction-setting, service and operational oversight, financial management and the assurance of legal compliance. Around the table, we have expertise from a range of professionals to help galvanise the Board for the future challenges and opportunities to which the organisation must respond to the groups of interest and social identity we serve, right across Greater Manchester’s hard of hearing, D/deaf and deafened community, continue to plot a forward path to brighter futures.
## _Staffing_
Manchester Deaf Centre employed 24 staff this year, our BSL/CPD provision, specialist advocacy teams, and Children & Young People’s Service teams seeing particular growth.
Over the course of the year, we enjoyed a number of successes in grant applications as reflected elsewhere in these accounts. Bolstering our staff team also enabled our pursuit of new contracts to diversify the income streams with which Manchester Deaf Centre works.
4
The Manchester Deaf Centre Limited Trustees annual report For the year ended 31 March 2023
Our success has led to engaging additional staff and volunteers to ensure a safe and exciting delivery of activities.
The Chair of Trustees and Senior Managers continue to have opportunities of learning exchange, professional and personal support and ensure the organisation is well managed. This has been a fruitful process, with additional members of staff stepping up to leadership roles over the year, well done!
## _Volunteers_
We are especially grateful for the many volunteers sticking by and continuing to support our organisation when many faced very challenging situations of their own, uncertainty over employment, anxiety caused by restrictions on caring for family members and so on, we were and remain hugely grateful. This gave the Deaf Centres’ Board and management team great encouragement and provided reason for great pride. Here again we would like to reiterate our thanks!
A further positive that presented before the year was out, was Manchester City Council’s confirmation of OMVCS funding. The organisation and delivery of training and work plans; the administration of recognition and reward schemes; and the mapping-out of progression opportunities whenever the time to move on or need of moving on comes is truly supported by this well received grant funding.
We continue to provide support, through a volunteer co-ordinator, to quality assured experiences, increase MDC’s volunteer retention rates and the return realised on our investment of time and money in supervision and training.
We were awarded “Spirit of Manchester” award for involving service users. The awards are organised by MACC – Manchester’s local voluntary and community support organisation.
## _Partnership working_
Through the year, we took the opportunity of representing hard of hearing, D/deaf and deafened citizens of the city and surrounding areas on a number of public service and policy groups, hopeful of influencing and informing change to level things up for a cohort too often cut-out or forgotten hence the disproportionately poor outcomes too often realised in all areas of life outcomes such as education, employment, health and housing.
Ensuring that hard of hearing, D/deaf and deafened people have a voice in decision-making around the city. This is very important of course if we are to play our part in ensuring that hard of hearing, D/deaf and deafened people can move freely in and out of services and systems, enjoy good healthcare and leisure opportunities, access and interact with the public realm and local amenities on an equitable basis. However, the landscape-shaping to the detriment of organisational wellbeing and core service impact is a risk we have continued to guard against.
In partnership with others, we engaged in a D/deaf needs analysis, this has either confirmed what we already knew or identified new issues that require our support. This has led to the development of a new business plan for MDC to ensure we prioritise our actions on the most vulnerable in our society.
5
## The Manchester Deaf Centre Limited Trustees annual report For the year ended 31 March 2023
## **Financial review**
In the year reserves totals £537,436. This is broken down by the following:
- £188,418 restricted funds, required to be spent on restricted projects;
- £86,922 general unrestricted funds, available to be spent on any purpose the trustees deem necessary in order to further the charity’s aims and objectives;
- £262,123 is the value of the property enhancements from the 2010/11 property refurbishment, rather than funds available to spend. This reserves balance is being reduced over the remaining lease life by the depreciation charge.
## _Pensions_
Manchester Deaf Centre continues to work with Greater Manchester Pension Fund (as our Local Government Pension Scheme Guarantors), Manchester City Council and Ward Hadaway Solicitors towards agreement around clearing the membership cessation charge triggered on the leaving of a staff member from the organisation in Autumn 2019.
## _Grants_
MDC continues to apply for grant funding and to pursue additional contracts. We have revised our business plan and the Board and staff are unified on the importance of sustaining our service provision and forging ahead. We are hopeful that hard of hearing, D/deaf and deafened people can work with us to shape and execute our plans and a Needs Analysis, working in partnership with others, has been completed.
## _Reserves policy_
The Board of Trustees has established a policy whereby they seek to hold sufficient reserves to continue the current activities in the event of a drop in funding and earned income for 6 months (approximately £200,000 covering staff and general running costs). Work towards this target is on-going.
## _Risk management_
The charity trustees have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks.
## _In summary_
This year has been a very successful one for Manchester Deaf Centre, we found ways of doing things differently and assisting in people’s hour of need; we continued to provide a sustained service provision to as full an extent as possible and performed our utmost for those we are here to serve.
The hard of hearing, D/deaf and deafened communities we serve will need our organisation’s support more than ever to ensure that their needs are addressed, provide positive traction as the wider economy and bigger picture society strive to put their pieces together again.
We continue to be well-placed to help working age adults recover mental and physical health, financial stability, career and/or enterprise planning. We continue to ensure that we make our services at MDC accessible where we reach out creatively and with compassion. Our starting point for every encounter and intervention, no matter whether we are speaking with children and young people, long distanced from their friends or older people isolated, afraid and in poor health, is that we must adapt and innovate within the financial constraints that we have.
We will work and take inspiration from all those that have gone before us and worked so hard to develop a responsive organisation impacting so positively on the lives of so many!
6
## The Manchester Deaf Centre Limited Trustees annual report For the year ended 31 March 2023
Statement of responsibilities of the trustees
The trustees (who are also Directors of The Manchester Deaf Centre for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. 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 Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.
The trustees’ annual report has been approved by the trustees on …………………… and signed on their behalf by:
John Wareham
Chair
7
## Independent examiner’s report To the trustees of Manchester Deaf Centre
I report to the charity trustees on my examination of the accounts of The Manchester Deaf Centre Limited for the year ended 31[st ] March 2023 which are set out on pages 7 – 29.
## **Responsibilities and basis of report**
As the Charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England and Wales (ICAEW) which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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 accounts to be reached.
Leanne Nield ACA Arc Accountancy Solutions Limited 51 Laverton Road Lytham St. Annes Lancashire FY8 1EN
Date: ........................................
8
## The Manchester Deaf Centre Limited Statement of Financial Activities For the year ended 31 March 2023
|**Note**
**Income from:**
Donatons and legacies
3
Charitable actvites
4
Other trading actvites
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
7
Charitable actvites
8
**Total expenditure**
**Net income/(expenditure) before**
**net gains/(losses) on investments**
Net income/(expenditure) on
investments
Unrealised gains/(losses) on
investments
16
**Net income/(expenditure) for the**
**year**
Transfer between funds
**Net movement in funds for the**
**year**
**Reconciliaton of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
3,148
482,009
57,184
256
**542,597**
4,615
530,409
**535,024**
**7,573**
(6,299)
2,661
**3,935**
4,511
**8,446**
340,599
**349,045**|**Restricted**
**funds**
**£**
-
297,162
-
-
**297,162**
334
218,321
**218,655**
**78,507**
-
-
**78,507**
(4,511)
**73,996**
114,422
**188,418**|**Total funds**
**2023**
**£**
3,148
779,171
57,184
256
**839,759**
4,949
748,730
**753,679**
**86,080**
(6,299)
2,661
**82,442**
-
**82,442**
455,021
**537,463**|**Restated**
**Total**
**funds**
**2022***
**£**
11,445
619,735
46,312
1,986|
|---|---|---|---|---|
|||||679,478|
|||||8,764
916,597|
|||||925,361|
|||||(245,883)
4,600
1,099|
|||||(240,184)
-|
|||||(240,184)
695,205|
|||||455,021|
_* see note 2 for prior year adjustment details_
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
9
## The Manchester Deaf Centre Limited Balance Sheet
## as at 31 March 2023
|Note
**Fixed Assets**
Tangible assets
15
Investments
16
**Total fxed assets**
**Current assets**
Stock
Debtors
17
Cash at bank and in hand
**Total current assets**
**Liabilites**
Creditors: amounts falling due in
less than one year
18
**Net current assets**
**Total assets less current liabilites**
Creditors: amounts falling due afer
more than one year
19
**Net assets**
**The funds of the charity:**
Restricted income funds
20
Unrestricted income funds
General fund
21
Refurbishment General fund
21
**Total charity funds**|**2023**
£
**£**
333,247
-
**333,247**
396
137,412
206,511
**344,319**
(80,053)
**264,266**
597,513
(60,050)
**537,463**
188,418
86,922
262,123
**537,463**|**Restated 2022***
**£**
**£**
352,553
13,773
**366,326**
613
53,912
207,841
**262,366**
(72,911)
**189,455**
555,781
(100,760)
**455,021**
114,422
70,285
270,314
**455,021**|**Restated 2022***
**£**
**£**
352,553
13,773
**366,326**
613
53,912
207,841
**262,366**
(72,911)
**189,455**
555,781
(100,760)
**455,021**
114,422
70,285
270,314
**455,021**|
|---|---|---|---|
||||**366,326**
**189,455**|
||||555,781
(100,760)|
||||**455,021**|
||||114,422
70,285
270,314|
||||**455,021**|
_* see note 2 for prior year adjustment details_
For the year in question, the company was entitled to exemption from an audit under Section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes on pages 12 to 29 form part of these accounts.
Approved by the trustees on ……………………………….. and signed on their behalf by:
……………………………………………. Michael Doyle (Treasurer)
10
## The Manchester Deaf Centre Limited Statement of Cash Flows For the year ended 31 March 2023
|Not
e
Cash provided by/(used in) operatng actvites
24
_Cash fows from investng actvites:_
Dividends, interest and rents from investments
Purchase of tangible fxed assets
Proceeds from the sale of investments
**Cash provided by/(used in) investng actvites**
_Cash fows from fnancing actvites:_
Repayment of borrowing
Cash infows from new borrowing
**Cash provided by/(used in) fnancing actvites**
Increase/(decrease) in cash and cash equivalents in the
year
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**|**2023**
**£**
**20,826**
256
(2,159)
16,434
**14,531**
(36,687)
-
**(36,687)**
(1,330)
207,841
**206,511**|**2022**
**£**
**(178,138)**|
|---|---|---|
|||1,986
-
63,324|
|||**65,310**|
|||(22,857)
-|
|||**(22,857)**|
|||(135,685)
343,526|
|||**207,841**|
11
The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
## **1. Accounting policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **a Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Statement applicable in the UK and Republic of Ireland (FRS 102), second edition – October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.
## **b Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern. The trustees have made no key judgements which have a significant effect on the accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
## **c Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probably that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
## **d Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the tutees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
12
The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
## **1. Accounting policies (continued)**
## **e Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **f Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work of for specific projects being undertaken by the charity.
## **g Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Costs of raising funds comprise the costs of commercial trading and their associated support costs.
- Expenditure on charitable activities includes the costs undertaken to further the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **h Operating leases**
Operating leases are leases in which the title to the assets, and the substantial risks and rewards of ownership, remain with the lessor. Given the title of the Deaf Centre property, along with the substantial risks and rewards of ownership, remain with the Manchester University, this property lease is classified as an operating lease. Rental charges are charged on a straight-line basis over the term of the lease, at an annual rent of £nil. A service charge is payable to the university. A sum of £12,500 was paid in 1974 and expensed as a direct upfront cost. Given a £nil annual rent, no future minimum lease payments are to be disclosed.
## **i Tangible fixed assets**
Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
|**Asset Category**|**Annual rate**|
|---|---|
|Propertylease|Period of lease to 24.06.2074|
|Ofce furniture & equipment|5years|
|Computer equipment|3years|
|Website|5years|
|Propertyimprovements|Period of lease to 24.06.2074|
The trustees reviewed the estimated useful life of the property improvements in 2014 and were of the opinion that this should be over the period of the lease (60 years) rather than 10 years as previously estimated.
13
The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **1 Accounting policies (continued)**
## **j Fixed asset investments**
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
The Charity does not acquire put options, derivatives or other complex financial instruments. The main form of financial risk faced by the Charity is that of volatility in equity markets and investment markets due to wider economic conditions, the at ude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
## **k Stock**
Stock is included at the lower of cost or net realisable value. In general, cost is determined on a first in, first out basis. Net realisable value is the price at which stocks can be sold in the normal course of business after allowing for the costs of realisation. Provision is made where necessary for obsolete, slow moving, and defective stocks. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **l Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade deposit or similar account.
## **m Cash at bank and in hand**
Cash at bank and cash 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.
## **n Creditors and provision**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **o Financial instruments**
The charity only has financial assets and financial 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.
## **p Pensions**
Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme with NEST. The charity’s contribution to this scheme were £5,620 (2022: £5,620). There were £nil (2022: £nil) outstanding contributions at the year end.
14
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **1 Accounting policies (continued)**
MDC’s membership has ceased with the Greater Manchester Pension Fund and both share capital. In the event of the charity being wound up, the liabilities in respect of the guaranteed is limited to £1 per member of the charity. The registered office address is disclosed on page 1.
## **q Legal status of the charity**
The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The registered office address is disclosed on page 1.
## **2. Prior year adjustment (PYA) of 2021-22 figures**
## _**Prior year adjustment for the reclassification of OMCVS funding from restricted to unrestricted**_
Previous annual accounts have recorded the funding received from Our Manchester CVS (OMCVS) as restricted income, restricted to be spent on providing services to the adult deaf community. However, the grant applications in more recent years have clearly requested funds for general core services of the charity, rather than for a restricted purpose. Therefore, a prior year adjustment has been made to reallocate the OMCVS funds from restricted to unrestricted funds. The 2022 OMCVS fund had a 2021 brought forward reserves balance of £2,855, income of £40,000, expenditure of £25,530, with a closing 2022 fund balance of £17,325.
The table below summarises the effect of this prior year adjustment on the 2021-22 comparative figures:
|||**2021-22**
**unrestricted**
**as**
**previously**
**stated**|**2021-22**
**restricted**
**as**
**previously**
**stated**|**2021-22 PYA**
**Unrestricted**|**2021-22**
**PYA**
**Restricted**|**2021-22**
**unrestricte**
**d restated**|**2021-22**
**restricted**
**restated**|**2021-22**
**total as**
**restated**|
|---|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|**£**|**£**|
||**Statement of Financial Actvites**||||||||
||Donatons and legacies|11,445||||11,445||11,445|
||Charitable actvites|386,816|232,919|40,000|(40,000)|426,816|192,919|619,735|
||Other tradingactvites|46,312||||46,312||46,312|
||Investments|1,986||||1,986||1,986|
||**Total income**|**446,559**|**232,919**|**40,000**|**(40,000)**|**486,559**|**192,919**|**679,478**|
||Expenditure on:||||||||
||-
Raisingfunds|8,764||8,764||8,764||8,764|
||-
Charitable actvites|506,576|415,021|25,530|(25,530)|532,106|389,491|921,597|
||**Total expenditure**|**515,340**|**415,021**|**25,530**|**(25,530)**|**540,870**|**389,491**|**930,361**|
||**Net loss for theyear**|**(63,082)**|**(182,102)**|**14,470**|**(14,470)**|**(48,612)**|**(196,572)**|**(245,184)**|
||Total funds brought forward|641,844|313,361|2,855|(2,855)|644,699|310,506|966,205|
||**Total funds carried forward**|**578,274**|**131,747**|**17,325**|**(17,325)**|**595,599**|**114,422**|**710,021**|
15
The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
## **2 Prior year adjustment (PYA) of 2021-22 figures (continued)**
## _**Prior year adjustment for the reversal of the leasehold property revaluation**_
During the year, the trustees have determined that the property lease has been previously incorrectly accounted for. Historically this property lease has been accounted for as Property, Plant & Equipment using the revaluation model. In the year, the trustees have determined that the correct classification for the lease is an operating lease given the title of the Deaf Centre property, along with the substantial risks and rewards of ownership, remain with the Manchester University. Therefore, a prior year adjustment to tangible fixed assets, the revaluation reserve and the SOFA for the prior year depreciation charge is required.
In the 2022 accounts, the leasehold property had a revalued figure stated of £330,000, accumulated depreciation of £75,000 (NBV of £255,000), with £177,296 held in the revaluation reserve and £77,704 held in the unrestricted general fund. The annual depreciation charge on the revalued leasehold property was £5,000.
The table below summarises the effects of this prior year adjustment on the 2021-22 comparative figures:
|||**2021-22 as**
**previously**
**stated**|**Prior year**
**adjustment**
**(leasehold) to**
**unrestricted**
**funds**|**Prior year**
**adjustment**
**(OMCVS fund**
**reclassifcaton)**|**2021-22 as**
**restated**|
|---|---|---|---|---|---|
||**Statement of Financial Actvites**|**£**|**£**|**£**|**£**|
||**Total income**|**679,478**|||**679,478**|
||Expenditure on:|||||
||-
Raisingfunds|8,764|||8,764|
||-
Charitable actvites|921,597|(5,000)||916,597|
||**Total expenditure**|**930,361**|**(5,000)**||**925,361**|
||**Net loss for theyear**|**(245,184)**|**5,000**||**(240,184)**|
||Total funds brought forward|955,205|(260,000)||695,205|
||**Total funds carried forward**|**710,021**|**(255,000)**||**455,021**|
||**Balance Sheet**|**£**|**£**|**£**|**£**|
||**Tangible fxed asset**|607,553|(255,000)||352,553|
||**Investments**|13,773|||13,773|
||**Current assets**|262,366|||262,366|
||**Liabilites falling due less than one**
**year**|72,911|||72,911|
||**Liabilites falling due greater than**
**oneyear**|100,760|||100,760|
||**Net assets**|**710,021**|**(255,000)**||**455,021**|
||**Restricted income funds**|131,747||(17,325)|114,422|
||**Revaluaton reserve**|177,296|(177,296)||-|
||**Unrestricted funds**|||||
||**-**
**General fund**|130,664|(77,704)|17,325|70,285|
||**-**
**Refurbishment fund**|270,314|||270,314|
||**Total charity funds**|**710,021**|**(255,000)**|**-**|**455,021**|
16
The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
## **2 Prior year adjustment (PYA) of 2021-22 figures (continued)**
The effect of this prior year adjustment to the 2021-22 leasehold property class (note 15) is as follows:
|||**2021-22 as**
**previously**
**stated**|**Prior year**
**adjustment**|**2021-22 as**
**restated**|
|---|---|---|---|---|
|||**£**|**£**|**£**|
||**Leasehold property**||||
||Cost at 1 April 2021|924,223||924,223|
||**Cost at 31 March 2022**|**924,223**|**(330,000)**|**594,223**|
||||||
||Depreciaton at 1 April 2021|328,726|(70,000)|258,726|
||Charge in theyear|14,945|(5,000)|9,945|
||**Depreciaton at 31 March 2022**|**343,671**|**(75,000)**|**268,671**|
||||||
||**NBV at 31 March 2022**|**580,552**|**(255,000)**|**325,552***|
_* No leasehold property is now included in this NBV. This is entirely made up of the leasehold property improvements._
**3 Income from donations and legacies**
|Donatons
egacies
**Total**
All donatons and legacies income is unrestricted.|**2023**
**£**
3,148
-
3,148|**2022**
**£**
11,445
-|
|---|---|---|
|||11,445|
||||
## **4 Income from charitable activities**
## **Current reporting period:**
|Grants
Accredited and non-accredited courses
nterpreter services
Other charitable services
**Total**|**Unrestricted**
**£**
52,550
94,255
321,712
13,492
482,009|**Restricted**
**£**
297,024
(75)
213
-
297,162|**Total 2023**
**£**
349,574
94,180
321,925
13,492|
|---|---|---|---|
||||779,171|
17
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **4 Income from charitable activities (continued)**
## **Previous reporting period:**
|Grants
Course fees & other charitable income
Communicaton Support Services - Fees
**Total**|**Unrestricted***
**£**
49,268
90,457
287,091
**426,816**|**Restricted***
**£**
192,919
-
-
**192,919**|**Total 2022**
**£**
242,187
90,457
287,091|
|---|---|---|---|
||||**619,735**|
_* Prior reporting period has been restated by £40,000 between restricted and restricted funds. See note 2 for prior year adjustment details._
## **5 Income from other trading activities**
|Room Hire
Bar and Café Sales
**Total**|**2023**
**£**
53,450
3,734
57,184|**2022**
**£**
41,766
4,546|
|---|---|---|
|||46,312|
All income from other trading activities in the current and prior year is unrestricted.
## **6 Investment income**
|Income from bank deposits and dividends
**Total**|**2023**
**£**
256
256|**2022**
**£**
1,986|
|---|---|---|
|||1,986|
All investment income in the current and prior year is unrestricted.
## **7 Cost of raising funds**
|Administraton
Cost of goods sold
**Total**|**Unrestricted**
**2023**
**£**
3,228
1,387
4,615|**Restricted**
**2023**
**£**
334
-
334|**2023**
**£**
3,562
1,387
4,949|**2022**
**£**
7,483
1,281|
|---|---|---|---|---|
|||||8,764|
All expenditure on cost of raising funds in the prior year was unrestricted.
18
## The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
## **8 Analysis of expenditure on charitable activities**
## **Current reporting period:**
|Staf costs
Contractors
Premises
Administraton
Project costs
Depreciaton
Governance costs (see note 9)|**MDC Core**
**work**
**(including**
**core grants**
**and**
**courses)**
**£**
139,202
40,518
36,669
20,614
78
21,465
7,868
266,414|**Grant funded**
**projects**
**(previously**
**known as:**
**MDC**
**Projects)**
**£**
110,284
10,513
2,062
19,848
52,526
-
23,088
218,321|**Interpreter**
**Services**
**(previously**
**known as: CSS -**
**Communicaton**
**Support**
**Services)**
**£**
14,325
249,106
-
564
-
-
-
263,995|**Total 2023**
**£**
263,811
300,137
38,731
41,026
52,604
21,465
30,956|
|---|---|---|---|---|
|||||748,730|
## **Previous reporting period:**
|Staf costs
Contractors
Bad debt writen of/(back)
Premises
Administraton
Project costs
Depreciaton*
Governance costs (see note 9)
Restricted expenditure
Unrestricted expenditure|**MDC***
**£**
171,542
28,046
-
67,438
79,913
6,430
25,745
16,448
**395,562**|**MDC Projects**
**£**
195,071
27,366
-
10,342
27,346
42,507
-
-
**302,632**||**CSS**
**(Communica**
**ton Support**
**Services)**
**£**
7,976
215,113
-
-
314
-
-
-
**223,403**
**2023**
**£**
218,321
530,409
748,730|**Total 2022***
**£**
374,589
270,525
-
77,780
107,573
48,937
25,745
16,448|**Total 2022***
**£**
374,589
270,525
-
77,780
107,573
48,937
25,745
16,448|
|---|---|---|---|---|---|---|
|||||||**921,597**|
|||||||**2022***
**£**
389,491
527,106|
|||||||921,597|
- _Prior reporting period has been restated by £17,325 between restricted and restricted funds, along with a further £5,000 depreciation adjustment to unrestricted funds. See note 2 for prior year adjustment details._
19
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **9 Analysis of governance**
|Trustee and AGM expenses
Accountancy and independent examinaton
Legal and professional
**Total**|**Unrestricted**
**2023**
**£**
-
5,675
2,193
7,868|**Restricted**
**2023**
**£**
-
-
23,088
23,088|**2023**
**£**
-
5,676
25,280
30,956|**2022**
**£**
8,571
6,056
1,821|
|---|---|---|---|---|
|||||16,448|
## **10 Details of certain types of expenditure**
|Fees for|examinaton of the accounts:||**Restated**|
|---|---|---|---|
|||**2023**|**2022**|
|||**£**|**£**|
|Independent examiner’s fee||||
|-|Accountancy|2,510|1,575|
|-|Independent examinaton|1,600|1,050|
|-|Other|51|2,070|
## **11 Staff costs**
Staff costs during the year were as follows:
|Wages and salaries
Social security costs
Pension costs|**2023**
**£**
249,053
10,549
4,210
263,811|**2022**
**£**
350,245
18,723
5,621|
|---|---|---|
|||374,589|
No employee has employee benefits in excess of £60,000 (2022: NIL).
The average number of staff employed during the period was 18 (2022: 23).
The key management personnel of the charity comprise the Trustees and two Senior Managers (2022: the Trustees, Centre Manager and two Senior Managers).
The total employee benefits of the key management personnel of the charity were £56,813 (2022: £44,085).
20
For the year ended 31 March 2023
## The Manchester Deaf Centre Limited Notes to the accounts
## **12 Trustee remuneration and expenses, and related party transactions**
Neither the Board of Trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2022: NIL).
One member of the Board of Trustees received travel and subsistence expenses during the year of £39 (2022: £187).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: NIL).
## **13 Government grants**
The government grants recognised in the accounts received from statutory agencies were as follows:
|Manchester City Council
Salford CVS
Traford Council
GMMH|**2023**
**£**
184,556
2,750
15,000
2,949
205,255|**2022**
**£**
63,060
-
16,188
5,982|
|---|---|---|
|||79,248|
## **14 Corporation tax**
The charity is exempt from tax on income and gains failing within Chapter 3 of Part 11 of the Corporation Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
## **15 Fixed assets: tangible assets**
|**Fixed assets: tangible assets**||||||||||
|---|---|---|---|---|---|---|---|---|---|
||**Leasehold**
**improvements***||**Ofce**
**equipment**||**Fixtures**
**& ftngs**||**Websit**
**e**||**Total**|
|**Cost**|**£**||**£**||**£**||**£**||**£**|
|At 1 April 2022|594,223||48,538||40,312||54,000||737,072|
|Additons|-||2,159||-||-||2,159|
|At 31 March 2023|594,223||50,697||40,312||54,000||739,232|
|||||||||||
|**Depreciaton**||||||||||
|At 1 April 2022|268,671||48,538||40,311||27,000||384,520|
|Charge for theyear|9,945||720||-||10,800||21,465|
|At 31 March 2023|278,616||49,258||40,311||37,800||405,985|
|||||||||||
|**NBV at 31 March 2023**|315,607||1,439||1||16,200||333,247|
|NBV at 31 March 2022|325,552||-||1||27,000||352,552|
_* Brought forward cost and depreciation has been restated for leasehold property. See note 2 for prior year adjustment details._
21
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **16 Investments**
|Market value at the start of the year
Disposals at carrying value
Add net gain/(loss) on revaluaton
Investments at fair value comprised:
COIF Charites Investment Fund|**2023**
**£**
13,773
(16,434)
2,661
-
-
-|**2022**
**£**
71,398
(58,724)
1,099|
|---|---|---|
|||13,773|
|||13,773|
|||13,773|
Investments are all carried at fair value and are all traded in quoted public markets.
## **17 Debtors**
|Trade debtors
Prepayments and accrued income|**2023**
**£**
37,965
99,447
137,412|**2022**
**£**
23,341
30,571|
|---|---|---|
|||53,912|
## **18 Creditors: amounts falling due within one year**
|Loan
-
Futurebuilders
-
First Ark
-
Co-op
Trade creditors
Other creditors and accruals
Taxaton and social security costs|**2023**
**£**
12,967
9,999
9,942
26,292
15,571
5,282
80,053|**2022**
**£**
11,763
10,823
-
31,851
13,439
5,035|
|---|---|---|
|||72,911|
## **19 Creditors: amounts falling due after more than one year**
|Loan
-
Futurebuilders
-
First Ark
-
Co-op
Repayable afer more than 5 years by instalments|**2023**
**£**
31,524
5,310
23,216
60,050
-|**2022**
**£**
44,969
13,778
42,013|
|---|---|---|
|||100,760|
|||5,892|
22
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **19 Creditors: amounts falling due after more than one year (continued)**
The loan from Futurebuilders (Social Enterprise Investment Fund) is repayable over 15 years with interest charged at 6% for the first 3 years and no more than 5% over base for the remainder of the term. It is unsecured and does not attract early repayment penalties.
The loan from First Ark Social Investment is repayable over 5 years with interest charges at 7.5% APR. It is unsecured and does not attract early repayment penalties.
The loan from Co-op is repayable over 6 years with an interest charge of 2.5% per annum. No repayments were required for the first 12 months.
## **20 Analysis of movements in restricted funds**
## **Current reporting period**
|Trusted Charity Mark
Inclusion
Natonal Lotery
(Leaders with Lived Experience)
Cinderella Fund
CYPS
Youth Fund (Young
Manchester), Youth & Childrens
Work
Get On
BBC I Can Project
Young Manchester
DASA
Jubilee – Forever Manchester
Salford Innovaton
Salford Trusted Voices
Traford Council/Partnership
GMCVO Community
Cooperatve and Mutual
Solutons Limited
Eric Wright Fund
WAITE project|**Balance at 1**
**April 2022***
**£**
20,000
-
42,573
2,492
-
815
(2,942)
6,638
7,762
-
-
3,235
-
1,910
305
8,118
501
23,015
**114,422**|**Income**
**£**
20,000
3,000
-
-
66,453
3,711
-
39,780
-
30,000
10,000
-
2,500
15,000
-
214
-
106,504
**297,162**|**Expenditure**
**£**
(33,177)
-
(17,161)
-
(150)
-
-
(43,939)
-
(7,852)
(2,372)
(3,940)
-
(12,205)
(305)
(3,211)
(17)
(94,326)
**(218,655)**|**Transfers**
**£**
(3,187)
-
-
(2,492)
-
-
2,942
(2,479)
-
-
-
705
-
-
-
-
-
-
**(4,511)**|**Balance at**
**31 March**
**2023**
**£**
3,636
3,000
25,412
-
66,303
4,526
-
-
7,762
22,148
7,628
-
2,500
4,705
-
5,121
484
35,193|
|---|---|---|---|---|---|
||||||**188,418**|
_* Brought forward restricted funds has been restated. See note 2 for prior year adjustment details._
23
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **20 Analysis of movements in restricted funds (continued)**
## **Previous reporting period (restated)**
|Job Club
Youth Fund (Young
Manchester), Youth &
Childrens Work
Manchester Alliance Mental
Health
Postcode Lotery
Groundwork UK
Salford Innovaton Fund
Traford Council/Partnership
NHS CCG
50+
Natonal Lotery (Leaders with
Lived Experience)
Eric Wright Fund
Traford Council Digital
BBC I Can
WAITE project
Get On
Britsh Deaf History Society
Young Manchester
Trusted Charity Mark
First Ark
Cooperatve and Mutual
Solutons Limited
Lankelly Chase
We Love Manchester
GM Business Support Limited
Cinderella Fund
The Conversaton Volunteers
GMCVO Community Champions
Home Manchester|**Balance at 1**
**April 2021***
**£**
7,994
10,861
3,027
3,280
6,667
66,472
4,830
1,909
889
51,114
7,349
3,564
39,856
11,880
19,729
22,799
18,522
18,522
8,692
6,732
5,000
3,000
2,498
2,492
1,350
-
-
**310,506**|**Income***
**£**
-
-
-
-
-
6,205
16,188
-
-
3,795
-
-
-
20,856
-
16,285
-
20,000
-
4,750
-
-
-
-
-
3,495
1,345
**192,919**|**Expenditure**
*****
**£**
-
(10,046)
(3,027)
(3,280)
(6,667)
(83,652)
(19,108)
(1,909)
(797)
(12,336)
(6,848)
(3,564)
(33,218)
(109,721)
(22,671)
(33,448)
(10,760)
-
(8,692)
(3,364)
(5,000)
(3,000)
(2,498)
-
(1,350)
(3,190)
(1,345)
**(389,491)**|**Transfers**
**£**
(7,994)
-
-
-
-
14,210
-
-
(92)
-
-
-
-
-
-
(5,636)
-
-
-
-
-
-
-
-
-
-
-
**488**|**Balance at**
**31 March**
**2022***
**£**
-
815
-
-
-
3,235
1,910
-
-
42,573
501
-
6,638
23,015
(2,942)
-
7,762
20,000
-
8,118
-
-
-
2,492
-
305
-|
|---|---|---|---|---|---|
||||||**114,422**|
_* Comparative restricted funds have been restated. See note 2 for prior year adjustment details._
24
The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
## **20 Analysis of movements in restricted funds (continued)**
|**Name of restricted**
**fund**|**Descripton, nature andpurposes of the fund**|
|---|---|
|Job Club|Funding from Lloyds TSB Foundaton, the Big Lotery Fund – Reaching Communites
and Manchester CityCouncil,toprovide employment advice and support.|
|Youth Fund (Young
Manchester/DAVE),
Youth & Children|Funding for projects to enhance life skills, Youth Club and playschemes during
school holidays.|
|Manchester Alliance
Mental Health|Funding for the Wellbeing project.|
|Postcode Lotery &
Groundwork UK|Funding for wellbeing linked to gardening project|
|Salford Innovaton
Fund, Salford NHS CCG|Grant to cover the cost of developing a brand new service intended to (i) increase
the accessibility of and take-up health care services for hard of hearing and deaf
people in Salford with a view to countering health inequalites; (ii) open-up
opportunites of the deaf community’s partcipaton in contnuing service
development and improvement fora; and (iii) enable and promote self-advocacy and
self-help.|
|Traford
Council/Partnership|Advocacy support funding for hard of hearing and deaf residents of Traford seeking
to redress injustces in the system, beter their day-to-day experiences, broaden
horizons and improve their future life chances.|
|NHS CCG|Funding to add to the variety of the Wellbeing Group’s actvity programme in
promoton of wellbeing among hard of hearing, deaf, deafened and deaf blind
adults from Manchester and GM more widely.|
|50+/Pennington
Charitable Bequest|A grant to enable the 50 Plus Group’s Commitee to purchase a new Laptop
computer, statonery and training in frst aid, food hygiene, health & safety and
safeguarding with a view to increasing the efciency of their administratve practce
and communicatons, extending their reach and infuence on policy/amenity and
service development, and contnuing to ensure the safety of their near 100
benefciaries each week.|
|Natonal Lotery
(Leaders with Lived
Experience)|Covering a programme of professional development, governance and leadership
quality assurance work with the Board of Trustees, and the creaton of a new Youth
Board giving young hard of hearing, Deaf and deafened citzens of Manchester and
the surrounding areas (prospectve trustees of the future) a voice in strategic
directon-setngand decision making.|
|Eric Wright Fund|Funding from the Eric Wright Charitable Trust has enabled staf training in
safeguarding, frst aid and mental health frst aid; also in advocacy and volunteer
management. Manchester Deaf Centre volunteers have benefted from training in
food hygiene too and, post-lockdown/covid restrictons, we have more volunteer
training planned – inclusive community walk leadership and sports leadership;
impact assessment evaluaton and improvementplanningcompetencies.|
|Traford Council Digital
Skills Grant|Improving access to digital devices for HoH/D/deaf residents of Traford cut-of by
the pandemic and public/private sector transiton to exclusive telephone and online
services.|
|BBC I Can|Programmes of work growing aspiraton, employment and enterprise readiness
among HoH/D/deaf young people and building employers’ capacity for HoH/D/deaf
inclusion in parallel/a progression pathway. The former spans Manchester, Bolton,
Salford and Traford; the later is centred on Manchester and openly only to NEET
young people aged 16-24.|
25
The Manchester Deaf Centre Limited Notes to the accounts For the year ended 31 March 2023
**20 Analysis of movements in restricted funds (continued)**
|WAITE project|Funding given by the Natonal Lotery Community Fund’s Reaching Communites
Programme enables Manchester Deaf Centre’s delivery on wellbeing, advocacy, IAG,
training, employment and social services across Greater Manchester, each targeted
a hard of hearing, deaf and deafened people across the country – and provided in
Britsh Sign Language to ensure the Sign Language or with appropriate
communicatons support to ensure that theyare fullyaccessible and inclusive.|
|---|---|
|Get On|Given by the Future Workforce Fund, administrated by the Prince’s Trust, our Get
on grant is enabling Deaf Centre delivery on a targeted programme of work for NEET
(and hard of hearing, Deaf or deafened) young people from Bolton, Manchester,
Salford Stockport and Traford – building their social and cultural awareness,
confdence, skills for life and work; providing employment, further educaton and
training insights through supported placements; and encouraging
educaton/training providers and employers alike to grow their capacity for
equitable Deaf inclusion forprospectve employees of the future.|
|Britsh Deaf History
Society|Funds to cover the salary and on-costs of their Museum Archivist and Curator, plus
MDC’s provision of a HR functon. MDC now host their Museum which opened in
September 2021.|
|Young Manchester|Funds towards school holiday actvity programmes and universal youth service
providers’ capacity-building across the city with a view to opening up a range of
additonal opportunites for both informal and accredited learning, indoor and
outdoor recreaton,community partcipaton and social acton.|
|First Ark Social
Investment|Covering the cost of (i) cpd coaching for MDC’s Finance Ofcer and two courses:
Charity Finance for Trustees and Finance and non-Finance Directors; and (ii) the
creaton of a community fundraising toolkit and delivery of a 6-month actvaton
pilot.|
|Cooperatve and
Mutual Solutons
Limited|Funding to establish a support group for Deaf Ex-Ofenders.|
|Lankelly Chase|Helping set-up digital device libraries for HoH/D/deaf resident of Salford and
Manchester.|
|We Love Manchester|The Mayor’s Charity gifed MDC a grant to develop a digital devices library for
HoH/D/deafened people in digital poverty and without means of accessing public
services and amenites that transitoned their actvity to internet-only access during
the height of the Covid pandemic; people that were cut-of. With people beneftng
from this provision, a series of Covid-safe ICT skill-building workshops were worked
through.|
|GM Business Support
Limited|Our Covid-19 Recovery Grants primarily went towards (i) updatng tred external
branding of our building, ensuring that it carried up to date informaton and contact
details, and way-fnding arrows; and (ii) getng our Bar, events programme and
supportng volunteers back up and running to help start generatng unrestricted
funds again.|
|Cinderella Fund|The Cinderella Fund grant gifed by the Charity Service is towards a residental
weekend; an outdoor educaton programme for young people accessing our DAVE
(Deaf Actve VolunteeringExperience)Group.|
|The Conservaton
Volunteers|Our work with the The Conservaton Volunteers is around the enrichment of
children and young people’s learning on the environment and around biodiversity
more specifcallythrough outdoor arts and crafs.|
|GMCVO Community
Champions|Funding to help deliver improvement on breaking down communicatons barriers by
havingworkshops,creatngaccessibleposters and videos,and one to one support.|
26
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **20 Analysis of movements in restricted funds (continued)**
|Inclusion grant|Working with Bolton Deaf Society and Walthew House (Stockport’s
Centre for the Deaf and Blind). Forming a steering group of deaf
representatves from each organisaton, we will engage with deaf people
throughout Greater Manchester regarding barriers to access/inclusion in
mainstream services/setngs that support health and wellbeing,
reportng to/visitng stakeholders to advise on what improvements could
be made toprovide inclusive access.|
|---|---|
|CYPS|Grants received specifcally for providing services to the deaf community
of children andyoung people.|
|DASA|Liaising with local domestc abuse, homelessness and refuge services,
developing an efectve referral system that is accessible to deaf people,
collaboratng with other organisatons in improving their services to make
them more deaf aware by providing Deaf Awareness courses.
Strengthening the services we currently provide to the Wellbeing group
and enhancingawareness of DA,Hate Crime,safeguardingand Self Care.|
|Jubilee – Forever
Manchester|A project to create a visual Mural of the Queen’s Jubilee incorporatng
Britsh Sign Language, hold an event to celebrate the Queen’s Platnum
Jubilee andprovide arts skills workshops for our Wellbeing group.|
|Salford Trusted Voices|To promote access and inclusion for deaf people in wider society and
provide services to support deafpeople overcome dailybarriers.|
## **21 Analysis of movement in unrestricted funds**
## **Current reporting period**
|General fund
Refurbishment fund|**Balance at 1**
**April 2022***
**£**
70,285
270,314
340,599|**Income and**
**gains**
**£**
545,258
-
545,258|**Expenditure**
**and losses**
**£**
(533,132)
(8,191)
(541,323)|**Transfers**
**£**
4,511
-
4,511|**As at 31**
**March**
**2023**
**£**
86,922
262,123|
|---|---|---|---|---|---|
||||||349,045|
_* Comparative unrestricted funds have been restated. See note 2 for prior year adjustment details._
## **Prior reporting period**
|General fund
Refurbishment fund|**Balance at 1**
**April 2021**
**£**
106,194
278,505
384,699|**Income and**
**gains**
**£**
492,258
-
492,258|**Expenditure**
**and losses**
**£**
(527,679)
(8,191)
(535,870)|**Transfers**
**£**
(488)
-
(488)|**As at 31**
**March**
**2022***
**£**
70,285
270,314|
|---|---|---|---|---|---|
||||||340,599|
_* Comparative unrestricted funds have been restated. See note 2 for prior year adjustment details._
Refurbishment fund Fund to cover depreciation costs associated with refurbishing the building in 2010/11.
27
## The Manchester Deaf Centre Limited Notes to the accounts
For the year ended 31 March 2023
## **22 Analysis of net assets between funds**
## **Current reporting period**
|Tangible fxed assets
Investments
Net current
assets/(liabilites)
Creditors of more than one
year
Total|**General**
**fund***
**£**
71,124
-
74,152
(60,050)
85,226|**Designated**
**funds**
**£**
262,123
-
-
-
262,123|**Restricted**
**funds**
**£**
-
-
190,114
-
190,114|**Total**
**£**
333,247
-
264,266
(60,050)|
|---|---|---|---|---|
|||||537,463|
_* Comparative funds have been restated. See note 2 for prior year adjustment details._
## **Previous reporting period**
|Tangible fxed assets
Investments
Net current
assets/(liabilites)
Creditors of more than one
year
Total|**General**
**fund***
**£**
82,239
13,773
57,708
(100,760)
52,960|**Designated**
**funds**
**£**
270,314
-
270,314|**Restricted**
**funds**
**£**
-
131,747
131,747|**Total**
**£**
352,553
13,773
189,455
(100,760)|
|---|---|---|---|---|
|||||455,021|
_* Comparative funds have been restated. See note 2 for prior year adjustment details._
## **23 Financial instruments**
Financial instruments measured at amortised cost comprise the loan financing provided by the Social Enterprise Investment Fund, First Ark Social Investment and Co-op to the charity.
|Loan payable falling due within one year
Loan payable falling due in more than one year but in less than fve years
Loan payable falling due afer fve years|**2023**
**£**
32,908
60,050
-
92,958|**2022**
**£**
22,586
94,868
5,892|
|---|---|---|
|||123,346|
The loan from Futurebuilders (Social Enterprise Investment Fund) is repayable over 15 years with interest charged at 6% for the first 3 years and no more than 5% over base for the remainder of the term. It is unsecured and does not attract early repayment penalties.
The loan from First Ark Social Investment is repayable over 5 years with interest charged at 7.5% APR. It is unsecured and does not attract early repayment penalties.
The loan from Co-op is repayable over 6 years with an interest charged of 2.5% per annum. No repayments were required for the first 12 months.
28
**24 Reconciliation of net movement in funds to net cash flow from operating activities**
## The Manchester Deaf Centre Limited
## Notes to the accounts
For the year ended 31 March 2023
|**Net income/(expenditure) for the year**
Adjustments for:
Depreciaton charge
(Gains)/losses on investments
Loss/(proft) on sale of investments
Dividends, interest and rents from investments
Decrease/(increase) in stock
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operatng actvites**|**2023**
**£**
82,442
21,465
(2,661)
6,299
(256)
217
(83,500)
(3,180)
20,826|**2022***
**£**
(240,184)
20,745
(1,099)
(4,600)
(1,986)
(613)
61,704
(12,105)|
|---|---|---|
|||(178,138)|
_* Comparative figures have been restated. See note 2 for prior year adjustment details._
29