DEAFCONNECT DEAFCONNECT (A {A company company limited limited by by guarantee) guarantee) 

> REPORT AND REPORT AND[FINANCIAL] FINANCIAL STATEMENTS STATEMENTS FOR FOR THE YEAR THE YEAR ENDED ENDED[31] 31 MARCH MARCH 2025 2025 

> Company Company No: No: 06423466 06423466 Charity Charity No: No: 1124196 1124196 



## DEAFCONNECT DEAFCONNECT (A {A company company limited limited by by guarantee) guarantee) 

|Contents<br>Contents|Page<br>Page|
|---|---|
|Legal and administrative information<br>Legal and administrative information|1<br>1|
|Report of the Directors and Trustees<br>Report ofthe Directorsand Trustees|2-4<br>2-4|
|Independent Examiners Report<br>Independent Examiners Report|5<br>5|
|Statement of Financial Activities (Including Income and Expense Account)<br>Statement of Financial Activities (Including Income and Expense Account)|6<br>6|
|Statement of financial position<br>Statement offinancial position|7<br>7|
|Notes to the financial statements<br>Notestothefinancialstatements|8- 13<br>8-13|





> DEAFCONNECT DEAFCONNECT 

> (A (A company company limited limited by by guarantee) guarantee) 

## LEGAL LEGAL AND AND ADMINISTRATIVE ADMINISTRATIVE[DETAILS] DETAILS 

Charity Charity Name Name Deafconnect Deafconnect 

> Charity Charity Registration Registration Number Number 1124196 1124196 

Company Company Registration Registration Number Number 06423466 06423466 

Registered Registered Office[Office] Spencer Spencer Dallington Dallington Community Community[Centre] Centre Tintern Tintern Avenue Avenue Northampton Northampton NN5 NN5 7BZ 7BZ 

## Board Board of of Trustees Trustees 

The The directors[directors] who who served served during during the[the] year year and[and] up up[to] to[the] the[date] date of[of] this this report were report were as as follows: follows: Rhiannon Rhiannon Beswick[Beswick][(Chair] (Chair[-] - appointed[appointed][9] 9 May May[2025)] 2025) Claire Claire Gogerty Gogerty (Resigned (Resigned 9 9 May May 2025) 2025) Mark Mark Symmonds Symmonds[(Deputy] (Deputy Chair Chair - - appointed appointed 9 9 May May 2025) 2025) Anthony Anthony Williams Williams Christine Christine Gallagher Gallagher Jack Jack Knowles Knowles (Resigned (Resigned 22 22 February February 2025) 2025) 

Chief Chief Executive Executive Officer[Officer] Jenni Jenni Dawkins Dawkins 

> Independent independent Examiner Examiner 

> Lorraine Lorraine Scullion Scullion MAAT MAAT 

> 17 17 Peregrine Peregrine Place Place 

> East East Hunsbury Hunsbury Northampton Northampton NN4 NN4 OSL[OSL] 

Bankers Bankers National National Westminster Westminster[Bank] Bank[plc] plc The The Drapery Drapery Branch, Branch, 41 41 The The Drapery Drapery Northampton, Northampton, NNI NNi 2EY 2EY 

1 1 



## DEAFCONNECT DEAFCONNECT (A (A company company limited limited by by guarantee) guarantee) 

## REPORT REPORT OF OF THE THE DIRECTORS DIRECTORS AND AND TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH[MARCH][2025] 2025 

> The The directors, directors, who who are are[also] also trustees[trustees] for[for] the[the] purposes purposes[of] of charitable[charitable][law,] law, present[present] their[their] report[report] along[along][with] with[the] the financial financial statements statements for for the[the ] year year ended ended[31] 31[March] March 2025 2025 

## STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT 

## Governing Governing document document 

> Deafconnect Deafconnect is is registered registered with with the the Charity Charity Commission Commission under under number number 1124196. 1124196. The The charity charity was was 

> incorporated incorporated as as a a company company limited limited[by] by guarantee guarantee on on[9] 9 November[November] 2007.[2007.] The[The] charitable[charitable] company company is[is] governed[ governed] by by its its Memorandum Memorandum and and Articles Articles of[of] Association.[Association.] 

## Appointment, Appointment, induction[induction][and] and[training] training of[of] new new trustees[trustees] 

> The The board board of[of] Deafconnect Deafconnect comprises[comprises] not not[less] less than[than] four[four] and[and][not] not more more than[than] ten[ten][directors.] directors. At each[At][each] AGM[AGM] one one third third[of] of the[ the] trustees[trustees] (or (or[if] if there there is[is] not not a a[multiple] multiple of[of][ three] three[the] the number[number] nearest[nearest][ to] to one one third)[third)][retire] retire[by] by 

> rotation. rotation. At At this this year's year’s AGM, AGM,[Christine] Christine Freeman Freeman[and] and[Mark] Mark Symmonds Symmonds[will] will retire[retire] and[and] offer[offer] themselves[ themselves][for] for 

> reappointment. reappointment.[Directors] Directors are are appointed[appointed][to] to the[the] board board on on the[the][basis] basis of[ of] an an[assessment] assessment[of] of skills skills[required] required[to] to provide provide the the strategic strategic[direction] direction of[of the] the[charitable] charitable company. company. As[As] well[well] as a[as][a] general[general] induction[induction] to[to] the[the] charitable[charitable] 

> company, company,[newly] newly appointed[appointed][directors] directors[receive] receive[an] an[induction] induction[in] in[line] line[with] with their[their] individual[individual][requirements.] requirements. 

## Organisational Organisational structure structure 

> The The directors[directors] delegate delegate[operational] operational[responsibility for] responsibility for the[the][ organisation] organisation[to] to the[the] Chief Executive[Chief][ Executive] Officer[Officer] through[through] an an[agreed] agreed[work] work plan.[plan.] 

## Risk Risk management management review review 

The The[Directors] Directors monitor monitor[risks] risks to[to] which which the[the][ organisation] organisation is[is] exposed,[exposed,][and] and mitigation[mitigation][is] is[part] part[ofthe] of the[organisation's] organisation’s work work plan. plan. 

## OBJECTIVES OBJECTIVES AND AND[ACTIVITIES] ACTIVITIES 

> In In shaping shaping the the charitable charitable company's company’s objectives objectives for for the the period period and and planning planning its its activities activities the the Directors[Directors] have have 

> considered considered the the Charity Charity Commission’s Commission's[guidance] guidance on on public public benefit.[benefit.] 

> The The object object of[of][ the] the charity[charity][is] is to to support support and[and] empower empower Deaf[Deaf] and[ and] hearing-impaired[hearing-impaired] persons persons together[together] with[with] 

> their their carers, carers, dependents dependents and and families, families, located located[in] in the the counties counties[of] of England. England. We We have have[referred] referred[to] to the[the] guidance[guidance][contained] contained[in] in the[the][ Charity] Charity Commission's[Commission's] general[general] guidance[guidance] on[on] public[public][benefit] benefit when when reviewing reviewing our our aims aims and[and] objectives objectives[and] and[in] in[planning] planning our our[future] future activities.[activities.][In] In particular,[particular,][ the] the directors[directors] 

> consider consider how how planned planned activities activities will will contribute contribute to to the[the] aims[aims] and[and] objectives[objectives][they] they have have set.[set.] 

> 2 Z 



DEAFCONNECT DEAFCONNECT (A (A company company limited[limited] by by guarantee) guarantee) 

REPORT REPORT OF OF THE THE DIRECTORS DIRECTORS AND AND TRUSTEES TRUSTEES (continued)[(continued)] FOR FOR THE THE YEAR YEAR ENDED ENDED 31[ 31] MARCH[MARCH] 2025[2025] 

## ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE[PERFORMANCE] 

Deafconnect’s Deafconnect's services[services] continue continue to[to] be[be] stretched[stretched] beyond beyond capacity[capacity] most most of[of] the[the] time.[time.] The[The] financial[financial] accounts[accounts] for for the year the year ended ended 31[31] March March 2025 2025 however however show[show] less[less][ funds] funds held[held] in[in] reserve as reserve[as] overheads[overheads continue] continue to[to] increase[increase] yet yet a a number number of[of] grants are grants are coming coming to to an an end, end, and[and] the[the] availability availability of[of] new new grant grant funds has[funds][has] reduced[reduced] as a[as][a] result[result] of of the the ongoing ongoing financial financial situation situation affecting affecting the[the] country country as as a a whole.[whole.] 

North North Northamptonshire Northamptonshire Council Council have have awarded awarded us us a a 2 year[2] year contract contract to[to] March[March] 2026 2026 with with the[the] possibility[possibility] of[of] a[ a] further further 2[2] year’s year's extension extension to[to][deliver] deliver Adult Adult Services.[Services.] 

The The Trustees remain Trustees remain committed committed to[to] providing[providing] services[services] to[to][Deaf] Deaf and[ and] hard[hard] of hearing[of][hearing] people[people] and[and] recognise[recognise] the[the] need need to[to] balance balance sensible sensible investment investment in in order order to to allow allow the the organisation organisation to to function function efficiently, efficiently, whilst[whilst] preserving preserving sufficient sufficient funds[funds] to[to] allow[allow] the[the] charity[charity to] to meets meets its[its] charitable[charitable] aims[aims] in[in] the[the] future.[future.] 

The The strategy strategy of of self-sustainability self-sustainability remains, remains, with with the the organisation organisation seeking seeking appropriate appropriate development development opportunities, opportunities, which which will will time[time] take to take[to] implement.[implement.] 

## Principal Principal funding funding sources sources for for the year[the] year 

North North Northamptonshire Northamptonshire Council Council Lloyds Lloyds Foundation Foundation Ovingdean Ovingdean Hall[Hall] The The Queens Queens institute institute Children Children in[in] need need The The Big[Big] Lo Lotte 



DEAFCONNECT DEAFCONNECT (A (A company company limited limited by by guarantee) guarantee) 

## REPORT REPORT OF[OF] THE THE DIRECTORS DIRECTORS AND AND TRUSTEES TRUSTEES (continued) (continued) FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH[2025] 2025 

## PLANS PLANS FOR FUTURE FOR FUTURE[PERIODS] PERIODS 

The The strategy strategy of[of] self-sustainability self-sustainability continues continues and and income income from from interpreting, interpreting, room room hire hire at at Spencer Spencer Dallington Dallington Community Centre, Community Centre, BSL BSL classes classes and[and] Deaf Awareness Deaf Awareness Training[Training] continues continues to to support support our our services.[services.] The[The] charity charity continues continues[to] to seek seek grant grant funding funding for for specific specific[projects] projects and[and] to[to] assist[assist] with with general general overheads. overheads. The[The][current] current economic economicclimate[climate][is] is however however challenging, challenging, especially especially forcharities for charities and[and] the the trustees trustees continue continue to to seek seek different different and and innovative innovative ways ways to to acquire acquire funding funding and and to to ensure ensure costs costs and overheads and overheads are are maintained maintained at at a a management management and and cost-efficient cost-efficient level. level. 

- Company Company special[special] provision provision The The report report of of the the Directors Directors has has been been prepared prepared[in] in accordance accordance with with the the special special provisions provisions[of] of the the Companies Companies Act Act 2006 2006 relating relating to to small small companies. companies. Company Company law[law] requires[requires] the[the] members members of[of][ the] the Board[Board][of] of Directors Directors[to] to prepare prepare financial financial statements statements for for each[each] financial financial year, year, which[which] give[give] a a true[true][and] and fair view fair view[of] of[ the] the[state] state[of] of[ the] the affairs affairs of[of][ the] the Company Company and[and][of] of the[the] income income and and expenditure expenditure[of ] of the the Company Company for for that[that] period.[period.] In[In] preparing preparing these these financial financial statements statements the the members members of[of] the the board board are are required required[to:] to: • e Select Select suitable suitable accounting accounting policies policies and and then then apply them apply them consistently consistently e • Make Make adjustments adjustments[and] and estimates estimates that[that] are are reasonable reasonable and[and] prudent prudent • e Prepare Prepare[the] the financial financial statements statements on on[the] the going going concern concern[basis] basis unless[unless] it[it][is] is inappropriate inappropriate[to] to presume presume that that the the Company Company will will continue continue its its activities activities 

> The The members members of of the the board board are are responsible responsible[for] for maintaining maintaining proper proper accounting accounting records records that[that] disclose disclose with with reasonable reasonable accuracy accuracy at[at] any any time time the[the] financial financial position position[of] of the[the] company company and[and][to] to enable[enable] them them[to] to ensure ensure[that] that 

> the the financial financial statements statements comply comply with with the the Companies Companies Act Act 2W6. 2006. They They have have a a general general responsibility responsibility for taking for taking such such steps steps as as are are reasonably reasonably open open to to them them to to safeguard safeguard the[the] assets assets[of] of the the Company Company and and to to prevent prevent and and detect detect fraud fraud[and] and other other[irregularities.] irregularities. 

> The The Report Report was was approved approved on on 5th 5" August August 2025 by 2025 by the the Board Board[of] of Directors Directors (and (and Trustees) Trustees) and and signed signed on on their their behalf. behalf. PRL Rhiannon Rhiannon[Beswick] Beswick Chair Chair 

> 4 4 



> Independent Independent Examiner's Examiner’s Report Report to to the[the] Trustees Trustees of:[of:] 

Page Page[5] 5 

> DEAFCONNECT DEAFCONNECT 

Registered Registered Charity Charity Number: Number: 1124196 1124196 I | report report on on the the accounts of the accounts of the Company Company for for the the year year ended ended 31st 31% March March 2025 2025 which which are are set set out out on on the the attached attached pages pages 6[6] to to 13 13 

Respective Respective responsibilities responsibilities of of trustees trustees and and examiner examiner The The trustees trustees (who (who are are[also] also the[the][directors] directors[of the] of the company company[for] for[ the] the purposes purposes of[of] company company[law)] law) are are responsible responsible for for the the preparation preparation[of ] of the the accounts. accounts.[The] The trustees consider trustees consider that[that] an an audit audit[is] is not not required required for for this this year year under under section[section] 144 144 (2)[(2)][of] of the[ the][Charities] Charities Act Act 2011 2011[and] and that that an an independent independent examination examination is[is] needed. needed. 

> Having Having satisfied satisfied myself myself that[that] the the[charity] charity[is] is not not subject subject to to an an audit audit under under company company law law and and[is] is eligible eligible 

> for for independent independent examination, examination, it it[is] is my my responsibility responsibility[to:] to: 

- Examine Examine the[the] accounts accounts under under section section[145] 145[of the] of the 2011 2011 Act: Act: 

- Follow Follow the the procedures procedures[laid] laid down down in in[the] the general general Directions given Directions given by by the the Charity Charity Commission Commission (under (under section section[145(5)(b)] 145(5)(b) of the of the 2011 2011 Act. Act. 

- >» State State whether whether particular particular matters matters have have come come[to] to my my attention.[attention.] 

## Basis Basis of of independent independent examiner's examiner’s statement statement 

> My My examination[examination] was was[carried] carried out out[in] in accordance[accordance] with with general general[directions] directions given given by[by] the[the] Charity Charity 

> Commission. Commission. An An examination examination includes includes a a review review[of] of the the accounting accounting records records kept kept[by] by the the[charity] charity anda[ and] a 

> comparison comparison of[of][ the] the accounts accounts[presented] presented with with[those] those[records.] records.[It] It[also] also includes[includes] consideration consideration[of] of any any 

> unusual unusual items items or or disclosures[disclosures] of the of the accounts, accounts, and and seeking seeking explanations explanations from from you you as as trustees trustees 

> concerning concerning any any such such matters. matters. The The procedures procedures undertaken undertaken do do not not provide provide all all the the evidence evidence that that would would 

> be be required required[in] in an an audit audit[and] and consequently consequently no no opinion opinion[is] is given given as as to to whether whether the the accounts accounts present present a a 

> "true “true and and fair fair view' view” and and the[the] report report is[is][limited] limited to to those those matters matters set set out out in in the the statement statement below. below. 

> Independent independent Examiner’s Examiner's Statement Statement In In connection connection with with my my examination, examination, no no matter matter has has come come to to my my attention: attention: 

1. 1. Which Which[gives] gives me me reasonable cause reasonable cause to to believe[believe] that[that] in[in] any any material[material] respect, respect, the[the] requirements: requirements: > To To keep keep[accounting] accounting records records[in] in[accordance] accordance[with] with[section] section 386 386[of the] of the Companies[Companies][ Act] Act 2006; 2006; and and 

- To To prepare prepare accounts accounts which which accord accord with with[the] the accounting accounting[records,] records, comply comply with with[the] the accounting accounting requirements requirements of of section section 396 396 of[of] the the Companies Companies Act Act 2006 2006 and and with with the the methods methods and and principles principles of[of] the the Statement Statement of[of] Recommended Recommended Practice: Practice: Accounting Accounting[and] and Reporting Reporting[by] by Charities. Charities. 

   - have have not not been been met; met; or or 

2. 2. To To which, which,[in] in my my opinion,[opinion,] attention attention should should be[be] drawn drawn[in] in order[order] to[ to][enable] enable a a proper proper understanding understanding[of ] of the the accounts accounts[to] to be[be] reached. reached. 

(SCcecrernr Lorraine Lorraine Scullion Scullion MAAT MAAT 29th 29th August August 2025 2025 



> Page Page[6] 6 

## DEAF DEAF CONNECT CONNECT 

> (A (A Company Company Limited Limited by by Guarantee) Guarantee) 

## STATEMENT OF STATEMENT OF FINANCIAL[FINANCIAL] ACTIVITIES[ACTIVITIES] 

FOR FOR THE THE YEAR[YEAR] ENDED ENDED 31st 31st MARCH[MARCH] 2025[2025] 


**----- Start of picture text -----**<br>
|||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Notes|Notes|Unrestricted Restricted|Unrestricted Restricted|Total|Total|'JnrestrictecRestricted|JnrestrictecRestricted|
|2025|2025|2025|2025|2025|2025|2024|2024|2024|2024|
|Income|Income from:|[from:]|£|£|£|E|£|
|Donations|Donations|and|and legacies|legacies|1|1|3,922|3,922|-|3,922|3,922|1,613|1,613|-|
|Investment|Investment income|income|54,044|54,044|-|54,044|54,044|106,722|106,722|-|
|Charitable|Chanittable|activities|activities|2|2|280,698|280,698|14,880|14,880|295,578|295,578|211,297|211,297|141,860|141,860|
|Other|Other|~|-|-|-|-|
|Total|Total Income|Income|338,664|338,664|14,880|14,880|353,544|353,544|319,632|319,632|141,860|141,860|
|Expenditure|Expenditure|on:|on:|
|Raising|Raising Funds|Funds|-|-|-|-|-|
|Charitable|Charitable activities|activities|3|3|286,|286,185|[185]|120,347|120,347|406,532|406,532|284,033|284,033|74,|74,137|137|
|Other|Other|-|-|-|-|-|
|Total|Total Expenditure|Expenditure|286,185|286,185|120,347|120,347|406,532|406,532|284,033|284,033|74,137|74,|[137]|
|Net|Net|income/(expenditure)|income/(expenditure)|52,479|52,479|(105,467)|(105,467)|(52,988)|(52,988)|35,599|35,599|67,723|67,723|
|Transfer|Transfer between|between|[funds]|funds|11,780|11,780|(11,780)|(11,780)|-|13,850|13,850|(13,850)|(13,850)|
|Other|Other recognised|recognised|gains/(losses):|gains/(losses):|
|Gains/(losses)|Gains/(losses)|on|on|revaluation|[revaluation]|of|[of]|fixed|fixed|assets|assets|-|-|-|-|-|
|Net|Net Gains/(losses)|Gains/(losses)|on|on investments|[investments]|(60,620)|(60,620)|-|(60,620)|(60,620)|(79,826)|(79,826)|.|
|Net|Net Movement|Movement in|[in]|funds|funds|3,639|3,639|(117,247)|(117,247)|(113,608)|(113,608)|_|(30,377)|(30,377)|53,873|53,873|
|Reconciliation|Reconciliation|of|of|funds|funds|
|Total|Total funds|funds|brought|brought forward|forward|1st|1st|April|April 2024|2024|200,688|200,688|128,708|128,708|329,396|329,396|231,065|231,065|74,835|74,835|
|Total|Total funds|funds|carried|carried|forward|forward|31|31|March|March|2025|2025|204,327|204,327|11,461|11,461|215,788|215,788|200,688|200,688|128,|128,708|708|

**----- End of picture text -----**<br>


All All income income and and expenditure expenditure[derived] derived from[from] continuing continuing[activities.] activities. The The statement statement[of] of financial financial activities activities includes includes[all] all gains[gains] and[and][losses] losses recognised[recognised][dunng] during the[the] year.[year.] 



Page Page 7[7] 

> DEAF DEAF CONNECT CONNECT 

> (A (A Company Company Limited Limited by by Guarantee) Guarantee) 


**----- Start of picture text -----**<br>
BALANCE BALANCE SHEET [SHEET]  AS AS AT  AT  31st  31st March [March] 2025 2025 Company Company  Number: Number: 05396874 05396874<br>Notes Notes Unrestrictea Unrestrictea Restricted Restricted Total Total JnrestrictecRestricted JnrestrictecRestricted<br>2025 2025 2025 2025 2025 2025 2024 2024 2024 2024<br>£ £ £ £ £<br>Fixed Assets Fixed Assets<br>Tangible Tangible assets assets 5 5 - - - 2,782 2,782 -<br>Investments Investments 6 6 98,822 98,822 - 98,822 98,822 159,442 159,442 -<br>Current Current  Assets [Assets]<br>Debtors Debtors 7 7 92,066 92,066 - 92,066 92,066 63,256 63,256 -<br>Cash Cash [at] at bank bank  and and [in] in hand hand 21,082 21,082 11,461 11,461 32,543 32,543 (20,622) (20,622) 128,708 128, 708<br>113,148 113,148 11,461 11,461 124,609 124,609 42,634 42,634 128,708 128,708<br>Creditors Creditors<br>Amounts Amounts falling falling due due<br>within within one one  year  year 8 8 (7,643) (7,643) - (7,643) (7,643) (4, (4,170) 170) -<br>(7,643) (7,643) - (7,643) (7,643) (4,170) (4, 170) -<br>Net Net Current Current Assets Assets 105,505 105,505 11,461 11,461 116,966 116,966 38,464 38,464 128, 128,708 708<br>Net Net  assets/(liabilities) assets/(liabilities) 204,327 204,327 11,461 11,461 215,788 215,788 200,688 200,688 128,708 128,708<br>Charity Funds Charity Funds Unrestrictea Restricted Unrestrictea Restricted Total Total Unrestricte Unrestricte  Restricted Restricted<br>Unrestricted Unrestricted [funds] funds 9 9 204,327 204,327 - 204,327 204,327 200, 200,688  688<br>Restricted Restricted 10 10 - 11,461 11,461 11,461 11,461 . 128,708 128,708<br>204,327 204,327 11,461 11,461 215,788 215,788 200, 200,688  688 128,708 128,708<br>For For the [the]  year year ending  ending [31st] 31st March March 2025, [2025,] [the] the company company was  was [entitled] entitled to [to]  exemption [exemption] [from] from audit [audit] [under] under<br>section section 477 477 [of the] of the Companies Companies Act Act [2006.] 2006.<br>The The directors directors acknowledge acknowledge their their responsibilities responsibilities for: [for:]<br>(i) (i) the the  members members  have have not not  required required  the the  company  company  to [to] [obtain] obtain an an audit audit of [of]  its its accounts accounts [for] for the [the]<br>in question in accordance with section 476.<br>_____ year year in question in accordance with section 476.<br>**----- End of picture text -----**<br>


> (ii) (ii) the the directors directors acknowledge acknowledge their their responsibilities responsibilitiesforcomplying for complying with with the[the] requirements requirements of of the the Act Act with with respect respect to[to] accounting accounting records records and and the preparation[the][preparation][of accounts.] of accounts. 

> (iii) (iii) these these accounts accounts have have been been prepared prepared[in] in accordance accordance[with] with the provisions[the provisions] applicable[applicable][to] to companies companies subject[subject] to[to] the[the] small[small] companies’ companies' regime.[regime.] The The accounts accounts have have been been prepared prepared[in] in accordance accordance with with[the] the[special provisions] special provisions[relating] relating to[to][small] small 

> companies companies within within[the] the Companies Companies Act Act 2006.[2006.] Approved Approved by by the[the] trustees trustees[at] at a a committee committee meeting meeting held[held] on on Sth[5th] August August 2025[ 2025] and and signed[signed] on on[their] their behalf behalf by: by: 

Rhiannon Rhiannon Besw Besw Chair Chair 

The The notes notes on on Pages Pages[9] 9 to[to] Page Page[14] 14[form] form part part of[of these] these[financial] financial statements. statements. 



> Page Page 8[8] 

DEAF DEAF CONNECT CONNECT (A (A Company Company Limited Limited by by Guarantee) Guarantee) 

## PRINCIPAL PRINCIPAL[ACCOUNTING] ACCOUNTING[POLICIES] POLICIES 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31st 31st[March] March 2025 2025 

## Accounting Accounting Policies Policies 

> The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention. convention. 

> The The financial financial statements statements have have been been prepared prepared in[in] accordance accordance[with] with the the Statement Statement of of Recommended Recommended Practice Practice "Accounting "Accounting and and Reporting Reporting by by Charities"[Charities"] and and SORP SORP(FRS (FRS 102) 102) issued issued in in January January 2019, 2019, and and applicable applicable UK UK Accounting Accounting Standards Standards and and the[the] Charities[Chanties ] Act Act 2011 2011 

Format Format The The company company has has taken taken advantage advantage of of the[the] provisions provisions of of the[the] Companies Companies Act Act 2006 2006 and and presented presented an an income income and and expenditure expenditure account account[in] in the[the] fom form of a of a Statement Statement of of Financial Financial Activities Activities on on the[the] grounds grounds that that it it enables enables the the financial financial statements statements to to show showa a true true and and fair fair view view of of the the result result for for the the year. year. 

Fund Fund accounting accounting General General funds funds are are unrestricted unrestricted funds[funds] which which are are available available[for] for use use[at] at the[the][discretion] discretion of of the[the] trustees trustees in in furtherance furtherance of of the the general general objectives objectives of of the the charity charity which which have have not not been been designated designated for for other other purposes. purposes. Designated Designated funds funds comprise comprise unrestricted unrestricted funds funds that[that] have have been been set set aside aside by by the the trustees trustees for[forparticular] particular purposes. purposes. The The aim aim and and use use of of each each designated designated funds funds is is setout set out in in the the notes notes to to the financial the financial statements. statements. Restricted Restricted[funds] funds are are[funds] funds which which are are[to] to be be used used in[in] accordance accordance with[with][specific] specific restnctions restrictions imposed imposed by by the the donors[donors] or or which which have have been been raised raised by by[the] the charity[charity] for[forparticular] particular purposes. purposes. 

Incoming Incoming resources resources All All incoming incoming resources resources are are included included[in] in the[the] SOFA SOFA when when the[the] chanty charity is is legally legally entitled entitled[to] to the income the income and and the[the] amount amount can can be[be] quantified quantified with[with] reasonable reasonable accuracy. accuracy.[Grants] Grants are are brought brought into into account account on on a a receivable receivable[basis.] basis. Deferred Defened income income represents represents amounts amounts received received for[for future] future periods periods and and is is released released to[to] incoming incoming resources resources[in] in[the] the period period for[for] which which[it] it has has been been received.[received.] Resources Resources expended expended All All expenditure expenditure is is accounted accounted[for] for on on an an accruals accruals basis basis and and has has been been classified classified under under headings headings that that aggregate aggregate all[all] costs costs related related[to] to[the] the category.[category.] Expenditure Expenditure[is] is stated stated[inclusive] inclusive of of value value added added[tax.] tax. Tangible Tangible fixed fixed assets assets and and depreciation depreciation All All assets assets over over 2500 £500 are are capitalised. capitalised. The The cost cost less[less] the the estimated estimated residual residual value of value of fumiture fumiture and and equipment equipment is is[written off] written off on on a a[straight] straight line line basis. basis. 

> Intangible Intangible income income 

> Intangible Intangible income, income, in in the the form form of of donated donated facilities facilities and and voluntary voluntary help help etc., etc., is is not not included included in in the the financial financial statements statements since since it it is is not not considered considered practicable practicable[to] to quantify quantify such such income. income. 

Reserves Reserves The The current current reserve reserve policy[policy][is] is[to] to maintain maintain sufficient sufficient cash cash flow flow for[for] known known commitments, commitments, and and the the replacement replacement of of certain[certain] assets.[assets.] Not Not[all] all grants/course grants/course income income are are received received at[at] the[the] beginning beginning of of the[the] financial financial others are others are received received[in] in amears. arrears. 

Risk Risk The The[directors/trustees] directors/trustees do do not not believe believe[the] the organisation organisation is is subject subject to[to] any any substantial substantial risk risk beyond beyond those those disclosed disclosed in[in][the] the Annual Annual Report Report and and Accounts. Accounts. The The organisation has organisation has employer employer and and public[public] liability liability insurance insurance[to] to protect protect[it] it in[in] the the case case of a of a claim. claim. 



> DEAF DEAF CONNECT CONNECT 

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## NOTES NOTES TO[TO] THE THE ACCOUNTS ACCOUNTS 

|||2025<br>2025|2025<br>2025|2025<br>2025|2024<br>2024|2024<br>2024|
|---|---|---|---|---|---|---|
|||Unrestricted<br>Unrestricted|Restricted<br> Restricted|Total<br>Total|'Jnrestricted <br>Jnrestricted|Restricted<br> Restricted|
|||Funds<br>Funds|Funds<br>Funds||Funds<br>Funds|Funds<br>Funds|
|||£|£|£|£|=|
|1<br>1|Donations and Legacies<br>DonationsandLegacies||||||
||General Donations<br>General Donations|3,922<br>3,922|-|3,922<br>3,922|1,613<br>1,613|-|
||Legacies<br>Legacies|3 922<br>-<br>3,922|-<br>-|3,922<br>-<br>3,922|1,613<br>-<br>1,613|-<br>-|
|2<br>2|CharitableActivities<br>Charitable Activities||||||
||Grants:<br>Grants:||||||
||Children in Need<br>Children in Need|-|-|-|-|37,242<br>37,242|
||NNC Prevention Grant<br>NNC Prevention Grant|31,815<br>31,815|-|31,815<br>31,815|37,800<br>37,800|-|
||Lloyds Foundation<br>Lloyds Foundation|25,000<br>25,000|-|25,000<br>25,000|-|-|
||Ovingdean Hall Foundation<br>50+<br>Ovingdean HallFoundation|2,465<br>2,465<br>-|9,900<br>-<br>9,900|2,465<br>9,900<br>2,465<br>9,900|1,597<br>1,597<br>-|-<br>-|
||BigLottery HOH<br>BigLotteryHOH|-|-|-|-|103,918<br>103,918|
||NCF<br>- Queens Institute Fund<br>NCF - Queens Institute Fund|-|4,980<br>4,980|4,980<br>4,980|-|-|
||Councillor Community Fund<br>CouncillorCommunityFund|-|-|-|-|700<br>700|
||Other:<br>Other:||||||
||Interpreting Fees<br>InterpretingFees|98,993<br>98,993|-|98,993<br>98,993|79,183<br>79,183|-|
||Training Course Fees<br>Training Course Fees|28,634<br>28,634|.|28,634<br>28,634|8, 744<br>8,744|-|
||PA Support<br>PA Support|50,226<br>50,226|-|50,226<br>50,226|49,570<br>49,570|-|
||SD Room Hire<br>SDRoom Hire|29,889<br>29,889|-|29,889<br>29,889|27,233<br>27,233|.|
||Voiceability<br>Fundraising<br>Other Income<br>Voiceability<br>Fundraising<br>OtherIncome|25<br>2,287<br>11,364<br>25<br>2,287<br>11,364|-<br>-<br>-|25<br>2,287<br>11,364<br>25<br>2,287<br>11,364|I,644<br>5,526<br>-<br>1,644<br>5,526|-<br>-<br>-|
|||280 698<br>280,698|14 880<br>14,880|295,578<br>295,578|211,297<br>211,297|141 860<br>141,860|





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## NOTES NOTES[TO] TO THE THE ACCOUNTS ACCOUNTS 

|3<br>3|Charitable activities<br>Charitableactivities||2025<br>Unrestricted<br>2025<br>Unrestricted|2025<br>Restricted<br>2025<br> Restricted|2025<br>Total<br>2025<br>Total|2024<br>'Jnrestricted<br>2024<br>Unrestricted|2024<br>Restricted<br>2024<br> Restricted|
|---|---|---|---|---|---|---|---|
||||Funds<br>Funds|Funds<br>Funds||Funds<br>Funds|Funds<br>Funds|
||||£|e|£|£|£|
||Employmentcosts<br>Employmentcosts|4<br>4|119,578<br>119,578|112,516<br>112,516|232,094<br>232,094|160,019<br>160,019|63,095<br>63,095|
||DBS Checks<br>DBS Checks||175<br>175|-|175<br>175|303<br>303|-|
||AdultServics<br>Adult Servics||2,629<br>2,629|114<br>114|2,743<br>2,743|2,393<br>2,393|1,648<br>1,648|
||Adulttrading, BSL & Interpreters Group<br>Adult trading, BSL & Interpreters Group||5,439<br>5,439||5,439<br>5,439|2,817<br>2,817|-|
||Childrens Services<br>Childrens Services||6,137<br>6,137|2,542<br>2,542|8,679<br>8,679|2,569<br>2,569|1,747<br>1,747|
||Fundraising<br>Publicity/Advertising<br>Depreciation<br>Fundraising<br>Publicity/Advertising<br>Depreciation||1,383<br>2,588<br>2, 782<br>1,383<br>2,588<br>2,782|-<br>-<br>-|1,383<br>2,588<br>2,782<br>1,383<br>2,588<br>2,782|385<br>313<br>2,781<br>385<br>313<br>2,781|737<br>~<br>737<br>-|
||Motor and travelexpenses<br>Motorand travelexpenses||1,811<br>1,811|125<br>125|1,936<br>1,936|1,859<br>1,859|32<br>32|
||Printing, postage and stationery<br>Telephone<br>Printing, postage andstationery<br>Telephone||2,002<br>10,883<br>2,002<br>10,883|~<br>-|2,002<br>10,883<br>2,002<br>10,883|250<br>12,443<br>250<br>12,443|2,000<br>2,000<br>-|
||Premises costs<br>Premises costs||16,960<br>16,960|-|16,960<br>16,960|10,824<br>10,824|700<br>700|
||Training<br>Accounting andProfessional <br>Training<br>AccountingandProfessionalFees|Fees<br>Fees|943<br>5,895<br>943<br>5,895|-<br>-|943<br>5,895<br>943<br>5,895|465<br>5,449<br>465<br>5,449|204<br>204<br>-|
||Insurance<br>Insurance||4,165<br>4,165|-|4,165<br>4,165|3,568<br>3,568|-|
||Independent Examination<br>IndependentExamination||1,150<br>1,150|-|1,150<br>1,150|1,150<br>1,150|~|
||InterpreterFees<br>InterpreterFees||86,708<br>86,708|5,050<br>5,050|91,758<br>91,758|63,731<br>63,731|2,951<br>2,951|
||Office Costs<br>Office Costs||12,473<br>12,473|.|12,473<br>12,473|10,896<br>10,896|15<br>15|
||OtherCosts<br>OtherCosts||2,484<br>2,484|-|2,484<br>2,484|1,818<br>1,818|1,008<br>1,008|
||||286 185<br>286,185|120 347<br>120,347|406 532<br>406,532|284,033<br>284,033|74,137<br>74,137|
||||2025<br>2025|2025<br>2025|2025<br>2025|2024<br>2024|2024<br>2024|
|4<br>4|TrusteesandEmploymentcosts<br>TrusteesandEmploymentcosts|costs<br>costs|Unrestricted<br>Unrestricted|Restricted<br> Restricted|Total<br>Total<br>§|'Jnrestricted<br> Jnrestricted|Restricted<br> Restricted|
||||Funds<br>Funds|Funds<br>Funds||Funds<br>Funds|Funds<br>Funds|
||||£|£|£|£|£|
||Gross salaries<br>Gross salaries||112,808<br>112,808|111,189<br>111,189|223,997<br>223,997|150,483<br>150,483|60,997<br>60,997|
||EmployerN I<br>EmployerN |||9,495<br>9,495|1,112<br>1,112|10,607<br>10,607|7,279<br>7,279|1,631<br>1,631|
||Employerpension<br>Employerpension||4,053<br>4,053|215<br>215|4,268<br>4,268|3,300<br>3,300|467<br>467|
||SMP Recovered<br>SMPRecovered||(6, 778)<br>119 578<br>(6,778)<br>119,578|112,516<br>-<br>112,516|(6,778)<br>232 094<br>(6,778)<br>232,094|(1,043)<br>160,019<br>(1,043)<br>160,019|63,095<br>-<br>63,095|



> There There[is] is no no employee employee being paid being paid in[in] excess excess of of[E60,OOO] £60,000 per annum. per annum. 

> The The average average number number of of employees employees during during the the year year was: was:[13] 13 (2024:[(2024:13)] 13) 

> During During the the year year trustee trustee received received Enil Enil in[in] remuneration. remuneration. (2024:Enil) (2024:£nil) 

> The The total total expenditure expenditure reimbursed reimbursed to[to] trustees trustees amounted amounted to[to][Enil.] Enil. (2024:Enil) (2024:£nil) 

> Remuneration Remuneration paid paid to[to] Key Management Key Management Personnel Personnel[in] in the the year £46,064 year 246, 064 



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## NOTES NOTES ro TO THE ACCOUNTS THE ACCOUNTS 

||||Total<br>Total|Total<br>Total|||
|---|---|---|---|---|---|---|
||||2025<br>2025|2024<br>2024|||
|5<br>5|FixedAssets<br>FixedAssets||Fumiture<br>Furniture|Fumiture<br>Furniture|||
||||& Equip<br>& Equip|& Equip<br>& Equip|||
||Cost<br>Add: additions during the year<br>Cost<br>Add: additions during theyear||24,655<br>24,655<br>24,655<br>-<br>24,655|24,655<br>24,655<br>24,655<br>-<br>24,655|||
||Depreciation<br>Depreciation||||||
||At 1 April 2024<br>At 1 April2024||21,873<br>21,873|19,093<br>19,093|||
||Charge in year<br>At 31 March 2025<br>Charge inyear<br>At31 March 2025||2,782<br>24,655<br>2,782<br>24,655|2,780<br>21 873<br>2,780<br>21,873|||
||NetBook Value<br>NetBook Value||||||
||At 31 March 2025<br>At31 March 2025||-||||
||At 31 March 2024<br>At31 March 2024|||2,782<br>2,782|||
|6<br>6|FixedAssetInvestments<br>FixedAssetInvestments||Quoted<br>Quoted|Quoted<br>Quoted|Total<br>Total||
|||Unrestricted<br>Unrestricted||Restricted<br>Restricted|2025<br>2025||
||||£|£|£||
||Market Value as at<br>April 2024<br>Market Value asat 1 April2024||159,442<br>159,442|-|159,442<br>159,442||
||Disposals<br>Disposals||(57,302)<br>(57,302)|-|(57,302)<br>(57,302)||
||Net loss/gain on revaluation<br>Netloss/gainon revaluation||(3,318)<br>(3,318)|-|(3,318)<br>(3,318)||
||Marketvalue as at31 March 2025<br>Marketvalueasat31 March 2025||98 822<br>98,822|-|98 822<br>98,822||
|||2025<br>2025|2025<br>2025|2025<br>2025|2024<br>2024<br>2024<br>2024||
|||Unrestricted <br>Unrestricted Restricted|Restricted<br>Unrestricted Restricted|Total<br>Total|JnrestrictecRestricted<br>JnrestrictecRestricted||
|7<br>7|Debtors<br>Debtors|£|£|£|£<br>£||
||TradeDebtors<br>Trade Debtors|89,577<br>89,577|-|89,577<br>89,577|61,558<br>61,558|-|
||Other Debtors<br>OtherDebtors|496<br>496|-|496<br>496|-|-|
||Pre-paid<br>Pre-paid|1,993<br>1,993|-|1,993<br>1,993|1,698<br>1,698|=|
|||92 066<br>92,066|-|92,066<br>92,066|63,256<br>63,256|-|
|||2025<br>2025|2025<br>2025|2025<br>2025|2024<br>2024<br>2024<br>2024||
|||Unrestricted <br>Unrestricted Restricted|Restricted<br>Unrestricted Restricted|Total<br>Total|'JnrestrictecRestricted<br>JnrestrictecRestricted||
|8<br>8|Creditors<br>Amounts falling due within oneyear<br>Trade Creditors<br>Creditors<br>Amounts falling due within oneyear<br>Trade Creditors|(5727)<br>£<br>(5,727)|£<br>.|(5,727)<br>£<br>(5,727)|(2,689)<br>,<br>£<br>(2,689)||
||Others<br>Accruals and deferred income<br>Others<br>Accruals anddeferredincome|(150)<br>(1,766)<br>(150)<br>(1,766)|-<br>-|(150)<br>(1,766)<br>(150)<br>(1,766)|(99)<br>(1,382)<br>(99)<br>(1,382)|-<br>-|
||Social securityand othertaxation<br>Social securityandothertaxation|-|-|-|-|-|
|||(7,643)|-|(7,643)|4,170<br>(4,170)|~|



> 5 5 Fixed Fixed Assets Assets Cost Cost Add: Add: additions additions during during[the] the year year Depreciation Depreciation 

> At At[1] 1 April April 2024 2024 

> Charge Charge in[in] year year 

> At At 31[31] March March 2025 2025 



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## DEAF DEAF CONNECT CONNECT 

## NOTES NOTES[TO] TO THE ACCOUNTS THE ACCOUNTS 

|9<br>9|Pensions andother post-retirementbenefits<br>Pensionsandotherpost-retirementbenefits|Pensions andother post-retirementbenefits<br>Pensionsandotherpost-retirementbenefits|||||
|---|---|---|---|---|---|---|
||Defined contribution plans<br>Definedcontributionplans||||||
||The amountrecognised in income orexpenditureasanexpense <br>The amountrecognisedinincome orexpenditure as an expense||in relation to <br> in relation to|defined contribution plans was<br> defined contribution plans was|||
||E4,268(2024±3, 767)<br>£4,268 (2024:£3,767)||||||
|||Opening<br>Opening|Movement<br>Movement|Movement<br> Movement|Transfer<br> Transfer|Closing<br>Closing|
|10<br>10|UnrestrictedReserves<br>UnrestrictedReserves|Balance<br>Balance|In<br>In|Out<br>Out|Between<br>Between|Balance<br>Balance|
|||2024<br>2024|||Funds<br>Funds|2025<br>2025|
|||£|£|£|£|£|
||Unrestricted General Reserves<br>UnrestrictedGeneralReserves|50,688<br>50,688|338,664<br>338,664|(346,805)<br>(346,805)|11,780<br>11,780|54,327<br>54,327|
||Designated<br>- DevelopmentFund<br>Designated -DevelopmentFund|150,000<br>150,000|-|-|-|150,000<br>150,000|
||Designated<br>- IT<br>Designated - IT|-|-|-|.|-|
|||200,688<br>200,688|338 664<br>338,664|346 805<br>(346,805)|11 780<br>11,780|204 327<br>204,327|
|||Opening<br>Opening|Movement<br>Movement|Movement<br> Movement|Transfer<br> Transfer|Closing<br>Closing|
|11<br>11|Restricted Funds<br>RestrictedFunds|Balance<br>Balance|In<br>In|Out<br>Out|Between<br>Between|Balance<br>Balance|
|||2024<br>2024|||Funds<br>Funds|2025<br>2025|
||Children in Need<br>Children in Need|4,200<br>£<br>4,200|E<br>-|(4,200)<br>ie<br>(4,200)|£<br>-|£<br>-|
||Big Lottery<br>Big Lottery|124,508<br>124,508|-|(112,728)<br>(112,728)|(11,780)<br>(11,780)|-|
||Ovingdean Hall Foundation<br>Ovingdean HallFoundation|-|9,900<br>9,900|(200)<br>(200)|-|9,700<br>9,700|
||NCF<br>- Queens Institute Fund<br>NCF-Queens InstituteFund|128,708<br>-<br>128,708|4,980<br>14,880<br>4,980<br>14,880|(3,219)<br>120 347<br>(3,219)<br>(120,347)|11 780<br>-<br>(1 1,780)|1,761<br>11,461<br>1,761<br>11,461|
||Children in Need<br>- Funds areprovided towards <br>Children inNeed -Funds areprovidedtowardsproviding|providing support <br>providing support|to children and families<br> fo children and families||||
||Big Lottery - TowardsHard of Hearing SupportServices<br>BigLottery - Towards HardofHearing Support|Services<br> Services|||||
||Ovingdean Hall Foundation<br>- Towardsa fortnightly youth supportgroup.<br>NCF<br>- Queens Institute Fund<br>- Towards trips fordeaf/hardof hearingadults.<br>Ovingdean HallFoundation - Towardsa fortnightlyyouthsupportgroup.<br>NCF - Queens InstituteFund - Towards trips fordeaffhard ofhearing adults.||||||
|12<br>12|Comparative Funds:<br>Comparative Funds:||||||
|||Opening<br>Opening|Movement<br>Movement|Movement<br> Movement|Transfer<br> Transfer|Closing<br>Closing|
||Comparative Unrestricted Reserves<br>Comparative UnrestrictedReserves|Balance<br>2023<br>Balance<br>2023|In<br>In|Out<br>Out|Between<br>Funds<br>Between<br>Funds|Balance<br>2024<br>Balance<br>2024|
||Unrestricted General Reserves<br>Unrestricted GeneralReserves|81,065<br>£<br>81,065|319,632<br>f<br>319,632|(363,859)<br>&<br>(363,859)|13,850<br>bs<br>13,850|50,688<br>£<br>50,688|
||Designated<br>- DevelopmentFund<br>Designated -DevelopmentFund|150,000<br>150,000|-|-|-|150,000<br>150,000|
||Designated<br>- IT<br>Designated - IT|-|-|-|-|-|
|||231 065<br>231,065|319 632<br>319,632|363,859<br>(363,859)|13,850<br>13,850|200 688<br>200,688|





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## DEAF DEAF CONNECT CONNECT 

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||Opening<br>Opening|Movement<br>Movement|Movement<br> Movement|Transfer<br> Transfer|Closing<br>Closing|
|---|---|---|---|---|---|
|Comparative Restricted Funds<br>Comparative RestrictedFunds|Balance<br>Balance|In<br>In|Out<br>Out|Between<br>Between|Balance<br>Balance|
||2023<br>2023|||Funds<br>Funds|2024<br>2024|
|Children in Need<br>Children inNeed|1,024<br>£<br>1,024|37,242<br>£<br>37,242|(31,996)<br>£E<br>(31,996)|(2,070)<br>=<br>(2,070)|4,200<br>£<br>4,200|
|Big Lottery<br>Big Lottery|73,811<br>73,811|103,918<br>103,918|(41,441)<br>(41,441)|(11,780)<br>(11,780)|124,508<br>124,508|
|Councillor Community Fund<br>CouncillorCommunityFund|74,835<br>-<br>74,835|700<br>141,860<br>700<br>141,860|(700)<br>(700)<br>(74,137)|13,850<br>-<br>_(13,850)|128,708<br>-<br>128,708|



> Children Children[in] in Need Need[-] - Funds Funds are provided are provided towards towards providing providing support support to[to] children children and and families families 

> Big Big Lottery Lottery - - Towards Towards Hard Hard of of Hearing Hearing Support Support Services Services Councillor Councillor Community Community Fund Fund[-] - Towards Towards the cost the cost of of lighting lighting[in] in the Kitchen the Kitchen 

> 13 13 Operating Operating lease[lease] commitments commitments Financial Financial commitments commitments under under no-cancellable no-cancellable operating operating leases[leases] will will result result[in] in the[the] following payments following payments falling falling due due 

> in in the the next next financial financial year. year. 

|in the nextfinancial year.<br>Financial commitmentscommitmentsunderno-cancellable operating leasesleases<br>in the next financial year.year.|operating leasesleases will result in the following payments|following paymentspayments|
|---|---|---|
||2025<br>2025|2024<br>2024|
||£|£|
|Land and buildings:<br>Landandbuildings:|||
|Notlater than 1 year<br>Laterthan 1 yearand not laterthan 5 years<br>Later than 5years<br>Notlaterthan 1year<br>Later than 1 yearandnotlaterthan 5years<br>Laterthan 5years|240<br>960<br>4,320<br>240<br>960<br>4,320|240<br>960<br>4,320<br>240<br>960<br>4,320|



> 14 14 Ultimate Ultimate Controlling Controlling Party Party The The chantable[charitable] company company is is under under the the[ultimate] ultimate control control of of its its trustees, trustees, who who are are also also the the directors, directors, and and whose whose names names are are shown[shown] at[at] the[the] front front of[of] the[ the][financial] financial statements. statements. 

