## ## ## ## ||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_| |---|---| |**No.**|_No._| |1|| ## ## ## |||**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_| ## |**2021**|_2020_| |---|---| |**99,000**|_99,000_|