Page 7
DEAF CONNECT
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
| FOR THE YEAR ENDED 31st MARCH 2023 | DRAFT DRAFT DRAFT |
|---|---|
| Notes Income from: Donations and legacies 1 Investment income Charitable activities 2 Other Total Income Expenditure on: Raising Funds Charitable activities 3 Other Total Expenditure Net income/(expenditure) Transfer between funds Other recognised gains/(losses): Gains/(losses) on revaluation of fixed assets Net Gains/(losses) on investments Net Movement in funds Reconciliation of funds Total funds brought forward 1st April 2022 Total funds carried forward 31 March 2023 |
Unrestricted Restricted Total UnrestrictedRestricted 2023 2023 2023 2022 2022 £ £ £ £ £ 13,991 725 14,716 3,609 7,681 6,724 - 6,724 57,488 - 184,799 77,990 262,789 185,839 66,813 - - - - - |
| 205,514 78,715 284,229 246,936 74,494 | |
| - - - - - 250,029 68,532 318,561 249,010 65,758 - - - - - |
|
| 250,029 68,532 318,561 249,010 65,758 | |
| (44,515) 10,183 (34,332) (2,074) 8,736 10,675 (10,675) - (2,750) 2,750 - - - - - (8,373) - (8,373) (24,852) - (42,213) (492) (42,705) (29,676) 11,486 |
|
| 273,278 75,327 348,605 302,954 63,841 | |
| 231,065 74,835 305,900273,278 75,327 |
All income and expenditure derived from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.
DEAF CONNECT
Page 8
(A Company Limited by Guarantee)
| BALANCE SHEET AS AT 31st March 2023 | DRAFT DRAFT Company Number: 05396874 |
|---|---|
| Notes Fixed Assets Tangible assets 5 Investments 6 Current Assets Debtors 7 Cash at bank and in hand Creditors Amounts falling due within one year 8 Net Current Assets Net assets/(liabilities) Charity Funds Unrestricted funds 9 Restricted 10 |
Unrestricted Restricted Total UnrestrictedRestricted 2023 2023 2023 2022 2022 £ £ £ £ £ 5,562 - 5,562 261 - 239,268 - 239,268 247,641 - |
| 37,652 - 37,652 88,958 - (47,721) 77,184 29,463 (56,634) 75,327 |
|
| (10,069) 77,184 67,115 32,324 75,327 (3,696) (2,349) (6,045) (6,948) - |
|
| (3,696) (2,349) (6,045) (6,948) - |
|
| (13,765) 74,835 61,070 25,376 75,327 |
|
| 231,065 74,835 305,900273,278 75,327 |
|
| Unrestricted Restricted Total Unrestricte Restricted 231,065 - 231,065 273,278 - 74,835 74,835 . 75,327 |
|
| 231,065 74,835 305,900 273,278 75,327 |
For the year ending 31st March 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(i) the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
(ii) the directors acknowledge their responsibilities for complying with the requirements of
-
the Act with respect to accounting records and the preparation of accounts.
-
(iii) these accounts have been prepared in accordance with the provisions applicable to
-
companies subject to the small companies' regime.
The accounts have been prepared in accordance with the special provisions relating to small companies within the Companies Act 2006.
Approved by the trustees at a committee meeting held on 14th November 2023 and signed on their behalf by:
Claire Gogerty Chair
The notes on Pages 9 to Page 14 form part of these financial statements.
DEAF CONNECT
(A Company Limited by Guarantee)
Page 9
PRINCIPAL ACCOUNTING POLICIES
FOR THE YEAR ENDED 31st March 2023
Accounting Policies
The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" and SORP (FRS 102) issued in January 2019, and applicable UK Accounting Standards and the Charities Act 2011
Format
The company has taken advantage of the provisions of the Companies Act 2006 and presented an income and expenditure account in the form of a Statement of Financial Activities on the grounds that it enables the financial statements to show a true and fair view of the result for the year.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated funds is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the charity for particular purposes.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Grants are brought into account on a receivable basis.
Deferred income represents amounts received for future periods and is released to incoming resources in the period for which it has been received.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is stated inclusive of value added tax.
Tangible fixed assets and depreciation
All assets over £500 are capitalised. The cost less the estimated residual value of furniture and equipment is written off on a straight line basis.
Intangible income
Intangible income, in the form of donated facilities and voluntary help etc., is not included in the financial statements since it is not considered practicable to quantify such income.
Reserves
The current reserve policy is to maintain sufficient cash flow for known commitments, and the replacement of certain assets. Not all grants/course income are received at the beginning of the financial others are received in arrears.
Risk
The directors/trustees do not believe the organisation is subject to any substantial risk beyond those disclosed in the Annual Report and Accounts.
The organisation has employer and public liability insurance to protect it in the case of a claim.
DEAF CONNECT
Page 10
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
| 1 Donations and Legacies General Donations Legacies 2 Charitable Activities Grants: Children in Need NNC Prevention Grant ESF Job Club 50+ NNC COVID Relief Big Lottery HOH NNC - Discretionary Grant Councillor Community Fund Magic Little Grant HMRC Furlough Northamptonshire Sport NCF - Compton Fund NCF - Winter Wellbeing Fund Hans Rausing The Percy Bilton Charity NCF - Queens Institute Relief Fund NCF - Cecil Pettit Fund NCF - Nptonshire Federation of Disability Sport Other: Interpreting Fees Training Course Fees PA Support SD Room Hire Voiceability Fundraising Other Income |
2023 2023 2023 2022 2022 Unrestricted Restricted Total Unrestricted Restricted Funds Funds Funds Funds £ £ £ £ £ 13,991 725 14,716 3,609 7,681 - - - - - |
|---|---|
| 13,991 725 14,7163,609 7,681 | |
| - 4,138 4,138 - - 37,800 - 37,800 37,800 - - - - - 888 520 - 520 370 - - - - 4,000 - - 58,342 58,342 - 39,862 4,880 - 4,880 - - - 2,112 2,112 - - - 500 500 - - - - - 100 - - 1,600 1,600 - 1,600 - - - - 4,950 - - - - 5,000 - - - - 14,513 - 4,298 4,298 - - - 5,000 5,000 - - - 1,000 1,000 - - - 1,000 1,000 - - 72,571 - 72,571 90,452 - 10,062 - 10,062 - 23,859 - 23,859 20,900 - 28,023 - 28,023 18,444 - - - - 7,479 - 2,122 - 2,122 2,081 - 4,962 - 4,962 4,213 - |
|
| 184,799 77,990 262,789 185,839 66,813 |
Page 11
DEAF CONNECT
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
| 3 Charitable activities Employment costs 4 DBS Checks Adult Servics Adult trading, BSL & Interpreters Group Childrens Services Fundraising Publicity/Advertising Depreciation Motor and travel expenses Printing, postage and stationery Telephone Premises costs Training Accounting and Professional Fees Insurance Independent Examination Interpreter Fees Office Costs Other Costs |
2023 2023 2023 2022 2022 Unrestricted Restricted Total Unrestricted Restricted Funds Funds Funds Funds £ £ £ £ £ 140,642 30,420 171,062 120,084 47,454 404 - 404 94 - 1,760 6,564 8,324 439 2,261 1,385 -1,385 8,427 - 544 6,335 6,879 - 5,502 1,189 - 1,189 181 - 65 1,513 1,578 1,002 107 3,040 - 3,040 2,382 - 1,498 20 1,518 769 593 1,288 280 1,568 1,240 64 12,952 - 12,952 5,228 - 16,980 12,635 29,615 8,867 920 1,120 500 1,620 1,520 1,767 4,983 - 4,983 9,593 - 3,305 - 3,305 3,099 - 1,316 - 1,316 1,283 - 42,190 10,250 52,440 67,978 6,687 13,050 15 13,065 15,050 400 2,318 - 2,318 1,774 3 |
|---|---|
| 250,029 68,532 318,561 249,010 65,758 |
| 4 Trustees and Employment costs Gross salaries Employer N I Employer pension Recruitment expenses |
2023 2023 2023 2022 2022 Unrestricted Restricted Total Unrestricted Restricted Funds Funds Funds Funds £ £ £ £ £ 133,830 29,088 162,918 113,507 45,860 4,358 953 5,311 4,490 1,228 2,454 379 2,833 2,087 366 - - - - - |
|---|---|
| 140,642 30,420 171,062120,084 47,454 |
There is no employee being paid in excess of £60,000 per annum.
The average number of employees during the year was: 13 (2022: 13)
During the year trustee received £nil in remuneration. (2021:£nil) The total expenditure reimbursed to trustees amounted to £nil. (2022:£nil)
Remuneration paid to Key Management Personnel in the year £41,390
DEAF CONNECT
Page 12
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
Total Total 2023 2022 5 Fixed Assets Furniture Furniture & Equip & Equip Cost 16,314 16,314 Add: additions during the year 8,341 - 24,655 16,314 Depreciation At 1 April 2021 16,053 13,671 Charge in year 3,040 2,382 At 31 March 2022 19,093 16,053 Net Book Value At 31 March 2023 5,562 At 31 March 2022 261
| 6 Fixed Asset Investments Market Value as at 1 April 2022 Disposals Net loss/gain on revaluation Market value as at 31 March 2023 |
Quoted Quoted Total Unrestricted Restricted 2023 £ £ £ 247,641 - 247,641 - - - (8,373) - (8,373) - |
|---|---|
| 239,268 - 239,268 |
| 2023 | 2023 | 2023 | 2022 | 2022 |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | UnrestrictedRestricted | |
| £ | £ | £ | £ | £ |
7 Debtors
| Trade Debtors Other Debtors Pre-paid |
36,317 - 36,317 87,798 - 175 - 175 - - 1,160 - 1,160 1,160 - |
|---|---|
| 37,652 - 37,652 88,958 - |
| 8 Creditors Amounts falling due within one year Trade Creditors Others Accruals and deferred income Social security and other taxation |
2023 2023 2023 2022 2022 Unrestricted Restricted Total UnrestrictedRestricted £ £ £ £ £ (2,442) - (2,442) (5,213) (254) (2,349) (2,603) (360) - (1,000) - (1,000) (1,375) - - - - - - |
|---|---|
| (3,696) (2,349) (6,045) (6,948) - |
DEAF CONNECT
Page 13
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
9 Pensions and other post-retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,833 (2022:£2,453)
| 10 Unrestricted Reserves Unrestricted General Reserves Designated - Development Fund Designated - IT 11 Restricted Funds Children in Need NCF - Queens Institute Relief Fund NCF - Wellbeing 50+ Big Lottery Arnold Clark Awards 4 All - 50+ NCF - Npton Federation of Disability Councillor Community Fund Magic Little Grant NCF - Compton Fund Northamptonshire Sport NCF - Cecil Pettit Fund The Percy Bilton Charity J.A.M Helping Out |
Opening Movement Movement Transfer Closing Balance In Out Between Balance 2022 Funds 2023 £ £ £ £ £ 120,635 205,514 (255,759) 10,675 81,065 150,000 - - - 150,000 2,643 - (2,643) - - |
|---|---|
| 273,278 205,514 (258,402) 10,675 231,065 |
|
| Opening Movement Movement Transfer Closing Balance In Out Between Balance 2022 Funds 2023 £ £ £ £ £ - 4,138 (3,114) - 1,024 - 5,000 (5,000) - - 5,730 - (5,730) - - 58,677 58,342 (32,024) (11,184) 73,811 - 1,000 (1,000) - - 1,346 - (1,855) 509 - - 1,000 (1,000) - - - 2,112 (2,112) - - - 500 (500) - - 3,350 - (3,350) - - 1,224 1,600 (2,824) - - 5,000 - (5,000) - - - 4,298 (4,298) - - - 725 (725) - - |
78,715 (68,532) (10,675) 74,835
75,327
Children in Need - Funds are provided towards providing support to children and families NCF - Queens Institute Relief Fund - To provide support for deaf and hard of hearing people who use BSL as their main communication
NCF - Wellbeing - To provide wellbeing support to 50+ British Sign Language Group
Big Lottery - Towards Hard of Hearing Support Services
Arnold Clark - Towards Interpreter fees
Awards 4 All 50+ - Towards activities for the 50+ Group
NCF - Npton Federation of Disability - Toward the deaf and hard of hearing support group Councillor Community Fund - Towards the cost of Kitchen Refurbishment
Magic Little Grant - Towards the cost of Kitchen Refurbishment Neighbourly - Purchase of a fridge to support the community food table and café.
NCF - Compton Fund - Childrens Theatre Project
Northamptonshire Sport - To support the establishment of a new sports club
NCF - Cecil Pettit Fund - Towards the cost of a new kitchen for the centre
The Percy Bilton Charity - Towards the cost of Kitchen Refurbishment J.A.M Helping Out - Towards the cost of new blinds
DEAF CONNECT
Page 14
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
| 12 Comparative Funds: Comparative Unrestricted Reserves Unrestricted General Reserves Designated - Development Fund Designated - IT |
Opening Movement Movement Transfer Closing Balance In Out Between Balance 2021 Funds 2022 £ £ £ £ £ 150,311 246,936 (273,862) (2,750) 120,635 150,000 - - - 150,000 2,643 - - - 2,643 |
|---|---|
| 302,954 246,936 (273,862) (2,750) 273,278 |
| Opening | Movement | **Movement ** | Transfer | Closing | |
|---|---|---|---|---|---|
| Comparative Restricted Funds | Balance | In | Out | Between | Balance |
| 2021 | Funds | 2022 | |||
| £ | £ | £ | £ | £ | |
| Children in Need | 3,135 | - | (4,891) | 1,756 | - |
| ESF Job Club | - | 889 | (889) | - | - |
| NCF - Wellbeing 50+ | 12,528 | - | (6,798) | - | 5,730 |
| Big Lottery | 45,919 | 39,862 | (27,104) | - | 58,677 |
| NCF - Winter Wellbeing Fund | - | 5,000 | (5,000) | - | - |
| Awards 4 All - 50+ | 1,759 | - | (413) | - | 1,346 |
| Hagerty | 500 | - | (500) | - | - |
| Hans Rausing | - | 14,513 | (15,507) | 994 | - |
| Neighbourly | - | 400 | (400) | - | - |
| NCF - Compton Fund | - | 4,950 | (1,600) | - | 3,350 |
| Northamptonshire Sport | - | 1,600 | (376) | - | 1,224 |
| NCF - Cecil Pettit Fund | - | 5,000 | - | - | 5,000 |
| Happy Days Childrens Charity | - | 1,131 | (1,131) | - | - |
Berkdale Trust
| - | 1,150 | (1,150) | - | - |
|---|---|---|---|---|
| 63,841 | 74,495 | (65,759) | 2,750 | 75,327 |
Children in Need - Funds are provided towards providing support to children and families ESF Job Club - To provide support to unemployed or economically inactive particitpants to overcome barriers to move into, or closer to, paid employment.
NCF - Wellbeing - To provide wellbeing support to 50+ British Sign Language Group Big Lottery - Towards Hard of Hearing Support Services
NCF - Winter Wellbeing Fund - Towards reducing social isolation and improve mental health & wellbeing Awards 4 All 50+ - Towards activities for the 50+ Group
Hagerty - Towards Painting & Decorating the centre
Lottery Community Fund - Towards supporting the organisations core costs during the COVID 19 Pandemic Hans Rausing - Towards the cost of Childrens services and interpreters during COVID 19 Neighbourly - Purchase of a fridge to support the community food table and café. NCF - Compton Fund - Childrens Theatre Project
Northamptonshire Sport - To support the establishment of a new sports club NCF - Cecil Pettit Fund - Towards the cost of a new kitchen for the centre
Happy Days Childrens Charity - Day trip to Alton Towers for youth service users Berkdale Trust - Towards the cost of teaching families of deaf chldren BSL
DEAF CONNECT
Page 15
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
13 Operating lease commitments
Financial commitments under no-cancellable operating leases will result in the following payments falling due in the next financial year.
| in the next financial year. | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Land and buildings: | ||
| Not later than 1 year | 240 | 240 |
| Later than 1 year and not later than 5 years | 960 | 960 |
| Later than 5 years | 4,320 | 4,320 |
14 Ultimate Controlling Party
The charitable company is under the ultimate control of its trustees, who are also the directors, and whose names are shown at the front of the financial statements.