Company registration number: 06255696 Charity registration number: 1129228
Dyslexia Association of Staffordshire Ltd
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
Daryl Denson ACMA VAST The Dudson Centre Hope Street Hanley Stoke-on-Trent ST4 7QU
Dyslexia Association of Staffordshire Ltd
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report (incorporating the Directors' report) | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 19 |
| Dyslexia Association of Staffordshire Ltd | Dyslexia Association of Staffordshire Ltd |
|---|---|
| Reference and Administrative Details | |
| Trustees | D Kirby |
| P Hayes | |
| K Kirby | |
| A Bailey | |
| C Shepherd | |
| Secretary | L Davies |
| Charity Registration Number | 1129228 |
| Company Registration Number | 06255696 |
| The charity is incorporated in England. | |
| Registered Office | Studio 9 |
| St James House | |
| Webberley Lane | |
| Stoke-on-Trent | |
| Staffordshire | |
| ST3 1RJ | |
| Independent Examiner | Daryl Denson ACMA |
| VAST | |
| The Dudson Centre | |
| Hope Street | |
| Hanley | |
| Stoke-on-Trent | |
| ST4 7QU |
Page 1
Dyslexia Association of Staffordshire Ltd
Trustees' Report (incorporating the Directors' report)
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2024.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: D Kirby P Hayes K Kirby A Bailey C Shepherd
Structure, governance and management
Nature of governing document
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 23rd May 2007 and most recently amended 4th November 2009. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
Recruitment and appointment of trustees
Potential trustees attend three consecutive Board meetings (after first signing a confidentiality agreement), if they are still willing to become Board members at the third meeting, a current Board member proposes they join the Board, a second Board member seconds the proposal and then a vote is taken and recorded in the minutes of the meeting.
Induction and training of trustees
Trustees are informed of their role and the relevant legislation and given a copy of the Memorandum and Articles of Association. Each new trustee is asked to sign a declaration that they have read the conditions that would disqualify a person from standing as a trustee and they affirm that they are not so disqualified. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Organisational structure
The Committee of Management, which comprises all the directors and can have up to fifteen members, manages the business of the charity. The committee meets monthly. To facilitate operations, the charity employs a General Manager to manage day to day operations of the charity. The Manager must attend committee meetings to present regular reports on various aspects of the charity’s activities.
Objectives and activities
Objects and aims
Objectives The charity’s objects are without distinction of gender, sexual orientation, race or other opinions.
-
To benefit persons affected by dyslexia by providing education in an effort to improve social inclusion.
-
To promote and encourage research into dyslexia and disseminate the results thereof.
-
To advance education by procuring and providing information to the public concerning dyslexia.
-
To promote such other charitable purposes, as may, from time to time, be determined.
Page 2
Dyslexia Association of Staffordshire Ltd
Trustees' Report (incorporating the Directors' report)
Objectives, strategies and activities
It was an extremely busy year for DAS which saw a further increase in service user numbers. Community outreach activities and networking connected new beneficiaries and organisations to the charity; several projects were completed during the year; and short courses delivery continued in both face to face and on-line formats. With a strong demand for diagnostic testing measures were taken to reduce waiting list times with staff training continuing to meet expected future needs. Adult learning tutors developed a 3rd course to our offer focusing on well-being needs associated with specific learning difficulties and the Multiply Maths Programme continued with delivery to a wide range of beneficiaries at community settings.
Grant funding continued to be challenging but showed signs of improving with the securing of several short term grants which included contributions towards core costs. Changes to the local adult learning commissioning provided DAS the opportunity to apply as a delivery partner on the new framework which was achieved, and will run for the next 4 years.
Multiply Maths Programme
This was the 2nd year of delivery of the Government Multiply Maths Programme. A successful first year saw continued provision into year 2 reaching those who wish to upskill basic maths for a variety of purposes. Much of the work during the year was done with unemployed adults or parents seeking to upskill to support a child and covered many different areas in the county. A lot of work was done by the tutors to encourage participation and flexibility to fit with beneficiaries commitments.
Community Learning Trust Responsiveness fund (ACL)
3 Literacy courses, 3 Numeracy courses and 1 Wellbeing were delivered in the last financial year for a total of 75 learners. These short courses attracted parents and others with supporting roles through a mix of delivery via on-line and at community locations which will now continue through the new framework.
Staffordshire ACL Framework
DAS completed a competitive process and was accepted as a provider onto the Staffordshire ACL Framework from September 2023. This system takes over from the old yearly ACL application process with DAS commissioned to deliver 3 specialist courses across selected parts of Staffordshire. September to March 3 courses have been delivered with 35 learners. DAS tutors continue to gain excellent feedback from observations by the funder. Beneficiaries seeking information, advice and guidance are routinely made aware of courses which encourages uptake as well as enhancing service user support.
Awards For All
This 10 month project was completed focusing on short term enhanced support within a close radius of the charity. This bridged the Staffordshire/SOT postcode areas making it open to all and was particularly useful as it allowed more time to focus on individual difficulties impacting adults with dyslexia as well as some outreach activities.
SOT Make It Happen
DAS were pleased to deliver 2 runs of our new Well-being course as a pilot, plus 1:1 support and advice sessions funded through this Stoke on Trent City Council initiative. This was focused on the Blurton/Longton area and the project allowed new links to be made in the community with Blurton Hub hosting some sessions.
VAST Community Health Champions Programme
DAS continued with the CHC programme with 3 staff promoting physical and mental health messaging through services and social media, attending community events and training opportunities. Networking also took place with other community groups.
Page 3
Dyslexia Association of Staffordshire Ltd
Trustees' Report (incorporating the Directors' report)
TESCO
DAS received £1,000 as a result of a TESCO instore customer vote. The donation supported IAG to the public including at a local GP surgery and community stands. Links were established with TESCO’s own community champions supporting further community work locally.
CO-OP Stores
Once again DAS were pleased to receive support for our work with parents to help children with special educational needs experiencing difficulties and to spread good practice to schools. This provided bespoke advice and our own children’s information booklets.
Other donations and support
Throughout the year DAS gratefully received donations, support and promotion of the charity from individuals, organisations and businesses. The Charity was supported through the promotion of the organisation in print, through sharing on-line and through recommendations. DAS welcomed the support of volunteers whose hard work was much appreciated. ‘Micro-volunteering’ was also encouraged for those who wished to support the Charity on an ad-hoc basis or from home. Funds were raised through collection at an information stand at the local TESCO, through Potto Lotto, Ebay sales, Easyfundraising and through the setting up of a charity page with JustGiving allowing future fundraising campaigns to take donations via this platform.
Achievements and performance
Over 1350 interaction with beneficiaries including information, advice and guidance. 3 dyscalculia and 3 literacy courses delivered 1 Well-being courses delivered Multiply courses delivered 5
Over 82 full diagnostic assessments carried out and 30 screenings 18 organisation/school awareness sessions/courses including Girlguiding groups Advice and information packs to schools.
DAS staff and volunteers completing a number of training and CPD sessions.
DAS held information stands at a major special educational needs information event at Stafford County Showground.
The Charity were invited guests at Keele University’s employment and specific learning difficulties engagement event.
A staff member took part in the dyslexia focused Public Policy Exchange event with a former Government minister and experts in dyslexia research.
Charity networking took place through VAST, Support Staffordshire, Keele University, visiting local charities and attending support groups.
The charity supported beneficiary involvement in research through links to Keele University and Support Staffordshire.
Community events and stands enhanced engagement with those not receiving support through outside organisations including stands at GP Surgeries, libraries, supermarkets, jobcentres, community hubs.
Page 4
Dyslexia Association of Staffordshire Ltd
Trustees' Report (incorporating the Directors' report)
Public benefit
Dylexia Assoociation of Staffordshire (DAS) provides information and advice for Staffordshire and the surrounding areas, while diagnostic testing and tuition tend to be more focused on Stoke and the surrounding North Staffordshire area due to the size of Staffordshire as a county. There are many opportunities to take our services out into the community and also sign post to other service providers throughout the county.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
The financial results for the year are shown on pages 8-19 of this report.
Policy on reserves
Our policy is to aim to hold the equivalent of 3 months running costs (£32,905) in free reserves in anticipation of an emergency or in the event of having to wind down the charity. The level of free reserves at the year end is £30,523 (2023: 83,297).
Use of volunteers
Voluntary hours have constituted approximately 500 hours of support given by DAS staff for which the charity and the trustees are profoundly grateful.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on ..10/12/2024........ and signed on its behalf by:
......................................... P Hayes Trustee
Page 5
Dyslexia Association of Staffordshire Ltd
Independent Examiner's Report to the trustees of Dyslexia Association of Staffordshire Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors 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 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
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of Dyslexia Association of Staffordshire Ltd as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
...................................... Daryl Denson ACMA
VAST The Dudson Centre Hope Street Hanley Stoke-on-Trent ST4 7QU
10/12/2024 Date:.............................
Page 6
Dyslexia Association of Staffordshire Ltd
Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Charitable activities 4 Other income Total income Expenditure on: Charitable activities 6 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 Note Income and Endowments from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Total income Expenditure on: Charitable activities 6 Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 20,010 54,516 250 74,776 (127,550) (127,550) (52,774) (52,774) 83,297 30,523 Unrestricted funds £ 1,193 39,021 36 40,250 (22,704) (22,704) 17,546 17,546 65,751 83,297 |
Restricted funds £ 3,866 - - 3,866 (10,595) (10,595) (6,729) (6,729) 6,729 - Restricted funds £ 38,862 - - 38,862 (108,503) (108,503) (69,641) (69,641) 76,370 6,729 |
Total 2024 £ 23,876 54,516 250 |
|---|---|---|---|
| 78,642 | |||
| (138,145) | |||
| (138,145) | |||
| (59,503) | |||
| (59,503) 90,026 |
|||
| 30,523 | |||
| Total 2023 £ 40,055 39,021 36 |
|||
| 79,112 | |||
| (131,207) | |||
| (131,207) | |||
| (52,095) | |||
| (52,095) 142,121 |
|||
| 90,026 |
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 9 to 19 form an integral part of these financial statements. Page 7
Dyslexia Association of Staffordshire Ltd
(Registration number: 06255696) Balance Sheet as at 31 March 2024
| Note Current assets Cash at bank and in hand 11 Creditors: Amounts falling due within one year 12 Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 13 |
2024 £ 35,676 (5,153) 30,523 - 30,523 30,523 |
2023 £ 91,226 (1,200) |
|---|---|---|
| 90,026 | ||
| 6,729 83,297 |
||
| 90,026 |
For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 7 to 19 were approved by the trustees, and authorised for issue on .....10/12/2024..... and signed on their behalf by:
.........................................
P Hayes Trustee
The notes on pages 9 to 19 form an integral part of these financial statements. Page 8
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Charity status
The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
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 Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Dyslexia Association of Staffordshire Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 9
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Items of a capital nature with a value of less than £100 are not capitalised.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Computer equipment
Depreciation method and rate 25% reducing balance
Page 10
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
3 Income from donations and legacies
| Donations and legacies; Donations from individuals Grants, including capital grants; Government grants Donations and legacies; Donations from individuals Grants, including capital grants; Government grants Grants from other charities |
Unrestricted funds General £ 1,274 18,736 20,010 Unrestricted funds General £ 1,193 - - 1,193 |
Restricted funds £ - 3,866 3,866 Restricted funds £ - 29,019 9,843 38,862 |
Total 2024 £ 1,274 22,602 |
|---|---|---|---|
| 23,876 | |||
| Total 2023 £ 1,193 29,019 9,843 |
|||
| 40,055 |
Page 11
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
4 Income from charitable activities
| Adult Tuition Full diagnostic assesments Adult Tuition Full diagnostic assesments |
Unrestricted funds General £ 4,455 50,061 54,516 Unrestricted funds General £ 5,577 33,444 39,021 |
Total 2024 £ 4,455 50,061 |
|---|---|---|
| 54,516 | ||
| Total 2023 £ 5,577 33,444 |
||
| 39,021 |
- 5 Income from other trading activities
| Events income; Fundraising income |
Unrestricted funds General £ 36 36 |
Total 2024 £ - |
|---|---|---|
| Total 2023 £ 36 |
||
| 36 |
Page 12
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
6 Expenditure on charitable activities
| 6 Expenditure on charitable activities |
|||
|---|---|---|---|
| Advertising Bank Charges Full diagnostic assesment cost Insurance Internet/IT Office expenses Printing and stationery Professional and accountancy fees Rent Salaries Utilities Training Travel Expenses |
Direct Activities £ 538 129 13,180 1,290 644 413 616 3,771 5,845 100,580 204 294 46 127,550 |
Restricted funds £ - - - 126 - - - - - 10,469 - - - 10,595 |
Total 2024 £ 538 129 13,180 1,416 644 413 616 3,771 5,845 111,049 204 294 46 |
| 138,145 |
Page 13
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
| Bank Charges Event costs Full diagnostic assesment cost Insurance Internet/IT Membership and subscriptions Office expenses Printing and stationery Professional and accountancy fees Rent Resources Salaries Employers NI Utilities Training Travel Expenses |
Direct Activities £ 61 912 637 1,271 3,668 445 485 693 4,868 5,822 1,418 111,829 2,373 585 235 20 135,322 |
Total 2023 £ 61 912 637 1,271 3,668 445 485 693 4,868 5,822 1,418 111,829 2,373 585 235 20 |
|---|---|---|
| 135,322 |
£127,550 (2023 - £135,322) of the above expenditure was attributable to unrestricted funds and £10,595 (2023 - £Nil) to restricted funds.
Page 14
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
7 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Independent examiner fees Examination of the financial statements |
Unrestricted funds General £ 960 960 Unrestricted funds General £ 1,200 1,200 |
Total 2024 £ 960 |
|---|---|---|
| 960 | ||
| Total 2023 £ 1,200 |
||
| 1,200 |
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
9 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs |
2024 £ 109,118 1,931 111,049 |
2023 £ 107,714 2,373 |
|---|---|---|
| 110,087 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Employees | 2024 No 11 |
2023 No 10 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year.
Page 15
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
11 Cash and cash equivalents
| 11 Cash and cash equivalents | ||
|---|---|---|
| Cash on hand Cash at bank 12 Creditors: amounts falling due within one year Other taxation and social security Accruals |
2024 £ 81 35,595 35,676 2024 £ 2,213 2,940 5,153 |
2023 £ 458 90,768 |
| 91,226 | ||
| 2023 £ - 1,200 |
||
| 1,200 |
Page 16
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
| 13 Funds Unrestricted funds General General fund Restricted funds Awards for All Leek Building Society Stoke on Trent City Council Total restricted funds Total funds |
Balance at 1 April 2023 £ 83,297 6,603 126 - 6,729 90,026 |
Incoming resources £ 74,776 - - 3,866 3,866 78,642 |
Resources expended £ (127,550) (6,603) (126) (3,866) (10,595) (138,145) |
Balance at 31 March 2024 £ 30,523 - - - |
|---|---|---|---|---|
| - | ||||
| 30,523 |
Page 17
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
| Unrestricted funds General General fund Restricted Awards for All Staffordshire County Council Big Lottery Coalfields Community Foundation of Staffordshire European Social Fund CHC Funding Community Learning Trust Community Health Champions Edward Gosling Leek Building Society Total restricted funds Total funds |
Balance at 1 April 2022 £ 65,751 - - 51,844 8,378 11,889 (6,171) 3,750 6,680 - - - 76,370 142,121 |
Incoming resources £ 40,250 9,985 2,598 16,436 - - - - - 2,500 5,000 2,343 38,862 79,112 |
Resources expended £ (22,704) (3,382) (2,598) (68,280) (8,378) (11,889) 6,171 (3,750) (6,680) (2,500) (5,000) (2,217) (108,503) (131,207) |
Balance at 31 March 2023 £ 83,297 6,603 - - - - - - - - - 126 |
|---|---|---|---|---|
| 6,729 | ||||
| 90,026 |
The specific purposes for which the funds are to be applied are as follows:
Big Lottery Fund Family Learning Initiative: to run training courses for parents and carers to allow them to support their dyslexic child. It also aims to link with statutory organisations to promote the project and to attend community events to recruit volunteers to assist with meeting project outcomes.
Awards for All: to provide a advice and short intervention programme for adult dyslexics in Stoke-on-Trent and North Staffordshire.
Edward Gostling: to be used for core running costs i.e. premises and salaries.
Leek United: to purchase assessment and educational resources.
VAST Community Health Champion: to pay office staff costs
Coalfilelds - To provide salaries and overheads
Community Foundation of Staffordshire - to supports capacity the Transformation and Growth project
European Social Fund - To support the women with hidden disabilities
Stoke on Trent City Council funds towards staff costs.
Page 18
Dyslexia Association of Staffordshire Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
14 Analysis of net assets between funds
| 14 Analysis of net assets between funds | |||
|---|---|---|---|
| Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 84,909 (1,612) 83,297 |
Unrestricted funds General £ 35,676 (5,153) 30,523 Restricted funds £ 6,729 - 6,729 |
Total funds at 31 March 2024 £ 35,676 (5,153) |
| 30,523 | |||
| Total funds at 31 March 2023 £ 91,638 (1,612) |
|||
| 90,026 |
15 Related party transactions
There were no related party transactions in the year.
Page 19