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2021-06-30-accounts
|
Page |
| Reference and administrative details of the company, its Trustees and advisers |
1 |
| Trustees report |
2−10 |
| Independent auditors' report on the financial statements |
11−14 |
| Statement of financial activities |
15 |
| Balance sheet |
16−17 |
| Statement of cash flows |
18 |
| Notes to the financial statements |
19−38 |
| Trustees |
Mr R Hewitt, Chair |
|
Mr M Clark, Treasurer |
|
Mrs A Rees, Trustee |
|
Mr E Skyrme, Trustee |
|
Mr J Taylor, Trustee |
| Company registered |
|
| number |
06205458 |
| Charity registered |
|
| number |
1122579 |
| Registered office |
22 Sussex Road |
|
Haywards Heath |
|
West Sussex |
|
RH16 4EA |
| Chief executive officer |
Jane Shaw |
| Auditor |
Crowe U.K. LLP |
|
Statutory Auditor |
|
Riverside House |
|
40−46 High Street |
|
Maidstone |
|
Kent |
|
ME14 1JH |
| Bankers |
CAF Bank Limited |
|
25 Kings Hill Avenue |
|
Kings Hill |
|
West Mailing |
|
Kent |
|
ME19 4JQ |
| Accountants |
Brian Cook Associates |
|
Marine House |
|
151 Western Road |
|
Haywards Heath |
|
West Sussex |
|
RH16 3LH |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
| Income from: |
|
|
|
|
| Donations and legacies |
4 |
131,762 |
131,762 |
106,728 |
| Charitable activities |
5 |
1,368,504 |
1,368,504 |
1,245,848 |
| Other trading activities |
6 |
7 |
7 |
2,353 |
| Investments |
7 |
54 |
54 |
441 |
| Other income |
8 |
45,619 |
45,619 |
62,368 |
| Total income |
|
1,545,946 |
1,545,946 |
1,417,738 |
| Expenditure on: |
|
|
|
|
| Raising funds |
9 |
300 |
300 |
206 |
| Charitable activities |
10 |
1,356,361 |
1,356,361 |
1,488,454 |
| Total expenditure |
|
1,356,661 |
1,356,661 |
1,488,660 |
|
|
189,285 |
189,285 |
(70,922) |
| Net movement in funds |
|
|
|
|
| Reconciliation of funds: |
|
|
|
|
| Total funds brought forward |
|
820,674 |
820,674 |
891,596 |
| Net movement in funds |
|
189,285 |
189,285 |
(70,922) |
|
|
1,009,959 |
1,009,959 |
820,674 |
| Total funds carried forward |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
16 |
|
221,103 |
|
281,215 |
|
|
|
221,103 |
|
281,215 |
| Current assets |
|
|
|
|
|
| Stocks |
17 |
41,064 |
|
44,477 |
|
| Debtors |
18 |
232,844 |
|
71,403 |
|
| Cash at bank and in hand |
|
560,765 |
|
461,957 |
|
|
|
834,673 |
|
577,837 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
19 |
(45,816) |
|
(38,378) |
|
| Net current assets |
|
|
788,857 |
|
539,459 |
| Total assets less current liabilities |
|
|
1,009,960 |
|
820,674 |
| Total net assets |
|
|
1,009,960 |
|
820,674 |
| Charity funds |
|
|
|
|
|
| Unrestricted funds |
21 |
|
1,009,960 |
|
820,674 |
| Total funds |
|
|
1,009,960 |
|
820,674 |
|
2021 |
2020 |
|
£ |
£ |
| Cash flows from operating activities |
|
|
| Net cash used in operating activities |
98,808 |
117,000 |
| Cash flows from investing activities |
|
|
| Purchase of tangible fixed assets |
|
(236) |
| Net cash provided by/(used in) investing activities |
|
(236) |
| Change in cash and cash equivalents in the year |
98,808 |
116,764 |
| Cash and cash equivalents at the beginning of the year |
461,957 |
345,193 |
| Cash and cash equivalents at the end of the year |
560,765 |
461,957 |
| The notes on pages 19 to 38 form part of these financial statements |
|
|
| Short−term leasehold property |
−11% straight−line method over the term of the |
|
lease |
| Fixtures and fittings |
−25% reducing balance |
| Office equipment |
−25% reducing balance |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
r |
| Grants |
|
|
|
| NHS Covid 19 relief grant |
95,637 |
95,637 |
|
| Mid Sussex District Council |
|
|
25,000 |
| Mid Sussex District Council Covid 19 grant |
6,000 |
6,000 |
|
| Worthing Borough Council |
|
|
25,000 |
| Worthing Borough Council additional restrictions grant |
15,000 |
15,000 |
|
| HMRC JRS grant |
5,837 |
5,837 |
39,932 |
| Subtotal detailed disclosure |
122,474 |
122,474 |
89,932 |
| Donations |
9,124 |
9,124 |
14,404 |
| Legacies |
|
− |
1,884 |
| Similar incoming resources |
164 |
164 |
508 |
| Subtotal |
9,288 |
9,288 |
16,796 |
| Total 2021 |
131,762 |
131,762 |
106,728 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
r |
| Audiology fees received |
1,368,184 |
1,368,184 |
1,184,276 |
| Resource centre sales |
|
|
19,659 |
| Deaf services |
|
|
8,138 |
| Microsuction fees |
320 |
320 |
33,775 |
| Total 2021 |
1,368,504 |
1,368,504 |
1,245,848 |
| Unrestricted |
Total |
Total |
| funds |
funds |
funds |
| 2021 |
2021 |
2020 |
| £ |
£ |
£ |
| 7 |
7 |
2,353 |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2020 |
|
|
£ |
£ |
r |
| Interest |
received |
54 |
54 |
441 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Other incoming resources |
(623) |
(623) |
9,422 |
| Lost hearing aids |
46,242 |
46,242 |
52,946 |
| Total 2021 |
45,619 |
45,619 |
62,368 |
| Unrestricted |
Total |
Total |
| funds |
funds |
funds |
| 2021 |
2021 |
2020 |
| £ |
£ |
£ |
| 300 |
300 |
206 |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2020 |
|
|
£ |
£ |
£ |
| Deaf |
services |
1,356,361 |
1,356,361 |
1,488,454 |
|
|
Activities |
|
|
|
|
|
undertaken |
Support |
Total |
Total |
|
|
directly |
costs |
funds |
funds |
|
|
2021 |
2021 |
2021 |
2020 |
|
|
£ |
£ |
£ |
r |
| Deaf |
services |
1,168,754 |
187,607 |
1,356,361 |
1,488,454 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
c |
r |
| Staff costs |
421,517 |
421,517 |
554,842 |
| Audiology consumables |
559,259 |
559,259 |
439,571 |
| Purchases for Resource Centre |
|
|
29,754 |
| Miscellaneous purchases |
|
|
2,769 |
| PPE costs |
7,462 |
7,462 |
|
| Stock adjustment |
3,413 |
3,413 |
(10,405) |
| Rent, rates and utilities |
110,514 |
110,514 |
168,547 |
| Travel and entertaining |
199 |
199 |
11,809 |
| Printing and stationery |
3,620 |
3,620 |
4,498 |
| Postage and carriage |
19,505 |
19,505 |
11,252 |
| Telephone |
19,234 |
19,234 |
17,646 |
| Committee expenses |
165 |
165 |
616 |
| Staff training costs |
870 |
870 |
1,652 |
| Non recoverable input VAT |
17,649 |
17,649 |
17,058 |
| Agency staff costs |
4,394 |
4,394 |
7,494 |
| Equipment storage |
953 |
953 |
|
| Total 2021 |
1,168,754 |
1,168,754 |
1,257,103 |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2020 |
|
|
£ |
£ |
£ |
|
Depreciation |
60,111 |
60,111 |
75,618 |
|
Advertising |
1,436 |
1,436 |
Z843 |
|
Computer costs |
37,125 |
37,125 |
39,083 |
|
Sundry expenses |
22,452 |
22,452 |
24,851 |
|
Repairs and maintenance |
19,910 |
19,910 |
28,125 |
|
Subscriptions |
132 |
132 |
294 |
|
Insurance |
9,207 |
9,207 |
8,845 |
|
Interest payable |
488 |
488 |
488 |
|
Equipment hire |
1,192 |
1,192 |
3,323 |
|
Accountancy |
14,088 |
14,088 |
13,113 |
|
Auditors' remuneration |
5,900 |
5,900 |
5,400 |
|
Legal and professional fees |
11,569 |
11,569 |
6,064 |
|
Loss on disposal of fixed assets |
|
|
17,869 |
|
Trustees expenses reimbursed |
|
|
263 |
|
Provision for specific bad debt |
(100) |
(100) |
415 |
|
Bank charges |
4,097 |
4,097 |
4,757 |
|
Total 2021 |
187,607 |
187,607 |
231,351 |
| 12. |
Auditors' remuneration |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
|
Auditors' remuneration |
|
5,900 |
5,400 |
|
2021 |
2020 |
| Wages and salaries |
364,151 |
482,091 |
| Social security costs |
33,780 |
46,197 |
| Contribution to defined contribution pension schemes |
16,911 |
21,533 |
| Other employee benefits |
6,675 |
5,021 |
|
421,517 |
554,842 |
|
2021 |
2020 |
|
No. |
No. |
| Management |
2 |
3 |
| Clinical |
7 |
8 |
| Services |
|
2 |
| Administrative |
2 |
2 |
|
11 |
15 |
|
|
2021 |
2020 |
|
|
£ |
r |
| Salaries |
|
106,792 |
187,598 |
| National |
insurance |
12,311 |
19,909 |
| Pension |
costs |
6,999 |
10,195 |
| Total |
|
126,102 |
217,702 |
|
Short−term |
|
|
|
|
leasehold |
Fixtures and |
Office |
|
|
property |
fittings |
equipment |
Total |
|
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
| At 1 July 2020 |
122,309 |
582,813 |
125,375 |
830,497 |
| At 30 June 2021 |
122,309 |
582,813 |
125,375 |
830,497 |
| Depreciation |
|
|
|
|
| At 1 July 2020 |
27,180 |
428,804 |
93,299 |
549,283 |
| Charge for the year |
13,590 |
38,502 |
8,019 |
60,111 |
| At 30 June 2021 |
40,770 |
467,306 |
101,318 |
609,394 |
| Net book value |
|
|
|
|
| At 30 June 2021 |
81,539 |
115,507 |
24,057 |
221,103 |
| At 30 June 2020 |
95,129 |
154,010 |
32,076 |
281,215 |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
|
|
|
|
£ |
£ |
| Hearing |
aids, |
hearing |
aid |
accessories |
and |
assistive |
listening |
|
|
| devices |
|
|
|
|
|
|
|
41,064 |
44,477 |
|
2021 |
2020 |
| Due within one year |
|
|
| Trade debtors |
183,271 |
31,678 |
| Other debtors |
6,382 |
36 |
| Prepayments and accrued income |
43,191 |
39,689 |
|
232,844 |
71,403 |
|
2021 |
2020 |
| Trade creditors |
22,799 |
17,762 |
| Other taxation and social security |
9,705 |
5,272 |
| Obligations under finance lease and hire purchase contracts |
|
2,974 |
| Other creditors |
2,749 |
3,195 |
| Accruals and deferred income |
10,563 |
9,175 |
|
45,816 |
38,378 |
|
2021 |
2020 |
| Financial assets |
|
|
| Financial assets measured at amortised cost |
744,600 |
493,635 |
|
2021 |
2020 |
| Financial liabilities |
|
|
| Financial liabilities measured at amortised cost |
(33,362) |
(29,911) |
| Statement of funds −curren |
t year |
|
|
|
|
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
30 June |
|
July 2020 |
Income |
Expenditure |
in/out |
2021 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Fixed assets reserve |
281,214 |
|
|
(60,111) |
221,103 |
| General funds |
|
|
|
|
|
| General fund |
539,460 |
1,545,947 |
(1,356,661) |
60,111 |
788,857 |
| Total Unrestricted funds |
820,674 |
1,545,947 |
(1,356,661) |
|
1,009,960 |
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
30 June |
|
1 July 2019 |
Income |
Expenditure |
in/out |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Fixed assets reserve |
374,465 |
− |
|
(93,251) |
281,214 |
| General funds |
|
|
|
|
|
| General fund |
517,132 |
1,417,738 |
(1,488,661) |
93,251 |
539,460 |
| Total Unrestricted funds |
891,597 |
1,417,738 |
(1,488,661) |
|
820,674 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
30 June |
|
July 2020 |
Income |
Expenditure |
in/out |
2021 |
| Designated funds |
281,214 |
|
|
(60,111) |
221,103 |
| General funds |
539,460 |
1,545,947 |
(1,356,661) |
60,111 |
788,857 |
|
820,674 |
1,545,947 |
(1,356,661) |
|
1,009,960 |
| Summary of funds −prior year |
|
|
|
|
|
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
30 June |
|
1 July 2019 |
Income |
Expenditure |
in/out |
2020 |
|
£ |
r |
£ |
£ |
r |
| Designated funds |
374,465 |
− |
|
(93,251) |
281,214 |
| General funds |
517,132 |
1,417,738 |
(1,488,661) |
93,251 |
539,460 |
|
891,597 |
1,417,738 |
(1,488,661) |
|
820,674 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
£ |
| Tangible fixed assets |
221,103 |
221,103 |
| Current assets |
834,673 |
834,673 |
| Creditors due within one year |
(45,816) |
(45,816) |
| Total |
1,009,960 |
1,009,960 |
| Analysis of net assets between funds −prior year |
|
|
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
|
£ |
£ |
| Tangible fixed assets |
281,215 |
281,215 |
| Current assets |
577,837 |
577,837 |
| Creditors due within one year |
(38,378) |
(38,378) |
| Ttl |
820,674 |
820,674 |
| 24. |
**Reconciliation of net movement in funds to net cash flow from operating ** |
activities |
|
|
|
2021 |
2020 |
|
Net income/(expenditure) for the year (as per Statement of Financial |
|
|
|
Activities) |
189,285 |
(70,922) |
|
Adjustments for: |
|
|
|
Depreciation charges |
60,111 |
75,618 |
|
Loss on the sale of fixed assets |
|
17,869 |
|
Decrease/(increase) in stocks |
3,413 |
(10,405) |
|
(Increase)/decrease in debtors |
(161,439) |
200,860 |
|
Increase/(decrease) in creditors |
7,438 |
(96,020) |
|
Net cash provided by operating activities |
98,808 |
117,000 |
| 25. |
Analysis of cash and cash equivalents |
|
|
|
|
2021 |
2020 |
|
Cash in hand |
58 |
58 |
|
Notice deposits (less than 3 months) |
560,707 |
461,899 |
|
Total cash and cash equivalents |
560,765 |
461,957 |
|
|
|
Other non− |
|
|
At 1 July |
|
cash |
At 30 June |
|
2020 |
Cash flows |
changes |
2021 |
| Cash at bank and in hand |
461,957 |
98,808 |
|
560,765 |
| Finance leases |
(2,974) |
5,229 |
(2,255) |
|
|
458,983 |
104,037 |
(2,255) |
560,765 |
At 30 June 2021 the company had commitments to make fut
cancellable operating leases as follows: |
ure minimum lease payments |
under non |
|
2021 |
2020 |
| Not later than 1 year |
99,000 |
99,000 |
| Later than 1 year and not later than 5 years |
37,000 |
136,000 |
| Total |
136,000 |
235,000 |