## **A company limited by guarantee**
**REPORT AND FINANCIAL STATEMENTS For the year ended 30 Sept 2020**
**Charity number 1129358 Company number 06707963**
**DYSLEXIA NORTH EAST** (A company limited by guarantee)
## **TRUSTEES ANNUAL REPORT**
For the year ended 30 September 2020
The Trustees are pleased to present their Annual Directors’ report together with financial statements of the Charity for the year ended 30 September 2020, which are also prepared to meet the requirements for a Directors’ report and Accounts for the Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) (effective 1 January 201 9 ).
## **1. Reference and administrative details of the charity, its trustees and advisors**
Charity name: Dyslexia North East Working name: Dyslexia North East England Registered Charity No: 1129358 Registered in England and Wales Registered Company Limited by Guarantee No: 06707963 Registered in England and Wales Local Dyslexia Association affiliated to the British Dyslexia Association. Registered Office: C/O Connected Voice, Higham House, Higham Place, Newcastle, NE1 8AF
## **Trustees/Directors of Dyslexia North East 2019**
Mr. Roland Craig Honorary President Elected April 2017 Mehrban Sadiq Resigned September 2020 Karen Tait Vice Chair Dr Elizabeth Ferguson Resigned September 2020 Mrs Mary Kendall Treasurer Kathrine Richards Resigned May 2020 Lyn Brown Chair Patricia Custance Ronald Joyce Resigned July 2020 Rachel Tasker Appointed Mar 2020, Resigned Sept 2020
**Patron** Simon Donald (2011) (Comedy Entertainer and Cartoonist)
## **Members of the Finance Committee**
Lyn Brown Chair, Mary Kendall Treasurer, Patricia Custance, Karen Tait
## **Independent Examiner**
Michelle Wright MAAT Connected Voice Business Services Higham House, Higham Place, Newcastle upon Tyne NE1 8AF
## **Bank details**
Co-operative Bank, PO Box 250, Skelmersdale, Lancashire WN8 6WT.
1
**DYSLEXIA NORTH EAST** (A company limited by guarantee)
**TRUSTEES ANNUAL REPORT** For the year ended 30 September 2020
## **2. Structure, Governance and Management**
Dyslexia North East is a Company limited by guarantee, governed by its Memorandum and Articles of Association. The document was revised in 2019 to comply with new regulations. Currently there are 4 Trustees, with enquiries and advertisement for Trustees being made for the vacancies. There are 132 Members which includes 93 with Free Membership and 37 have joint shared Membership of the BDA and Dyslexia North East.
## **Appointment and Retirement of Trustees**
Trustees are elected at the AGM in January each year, and one third of the Trustees must retire in rotation at each AGM. A retiring Trustee can be re-elected. Other Trustees can be co-opted at a Trustees meeting according to the governing document. The maximum number of Trustees for the Board is ten. Potential Trustees are approached by personal recommendation together with CV and references. Trustees are sought by advertising for applicants among the Members, CV, Newcastle Volunteer Centre, VODA and other Organisations.
## **Organisation**
The Trustees Board meet every month to review activities and financial issues (in person or virtually). The Organisation of Trustee roles is regularly reviewed and updated. Extra Management meetings held as needed.
The Chief Executive takes responsibility for coordinating the outreach and promotion of Dyslexia North East, and giving leadership in various roles, in consultation with the Office Staff, Members and Trustees. Where possible, responsibilities are shared out among the different Trustees, according to their expertise and skills. Management of the Charity’s finances are all trustees’ responsibility.
**Public Benefit** In setting the objectives and activities of the Charity, the Trustees make sure that the guidelines of the GDPR and Charity Commission are followed, as defined in the Charities Act 2006, so that its purposes benefit members of the public, whatever their culture, background or ethnicity.
## **3. Objectives and Activities**
The Objects of the Charity are to promote the advancement of education, and to give support to those affected by specific learning difficulties, including related conditions, so as to assist them achieve their full potential.
2
**DYSLEXIA NORTH EAST** (A company limited by guarantee)
## **TRUSTEES ANNUAL REPORT**
For the year ended 30 September 2020
In happy memory of Maria Conaty on her first day working from home.
**Advice & Support** has remained open via phone or email throughout. It has been more important than ever as many people have experienced changes to work and education.
**Assessments** were put on hold for a few weeks but are now offered in a COVID safe way.
**Tutoring** has also been adapted to be delivered online. All tutors are experienced in teaching dyslexics. **Legacy fund** to support individuals gaining Professional Accreditation.
**Dyslexia Awareness workshops** were delivered & are available for workplaces, schools and colleges **Fundraising and support** Simon Donald hosted a Super Gig.
We were able to adapt over the last year thanks to volunteers and members raising money from charity runs and dips to coffee mornings. From March 2020 we haven’t been able to raise money if you are back swimming, running or cycling we would love your help.
3
**DYSLEXIA NORTH EAST** (A company limited by guarantee)
## **TRUSTEES ANNUAL REPORT**
For the year ended 30 September 2020
**Parent & child groups** continued at RGS Newcastle and Meadowell High Flyers up to March 2020. The last event workshop was March 13[th] 2020. From April we held zoom groups online and also trialed 1 to 1 sessions via zoom. We continued to answer questions by email or phone.
## **Thanks to our Sponsors and Funders**
Dyslexia North East is very grateful to all our funders and sponsors over the past year.
- Especially we wish to thank the Graham Wylie Foundation for their generous grant of £3,249 for 3 years for a Special Project Book to be done at Meadow well with High Flyers and the RGS Wed Group in Newcastle.
- Gateshead College
- Simon Donald for supporting
We were able to run art workshops and put on an exhibition.
We couldn’t have done it without the creative young dyslexics who produced artwork and shared their experiences.
Dyslexia North East 'This Is Me' Celebrating Difference 2019 - YouTube
## **The British Dyslexic Association links**
We have always been an affiliated group but in the last year we have been able to join in meetings to represent both dyslexics and those who work professionally nationally. 80% of dyslexics leave school without a diagnosis 10-15% of the population is dyslexic help us to ask DfE for better funding to ensure everybody reaches their potential.
www.bdadyslexia.org.uk
We already had planned a year of change; Dr Liz Ferguson was retiring after many years of service alongside other long term trustee Katherine Richards. At the start of 2020 Mehrban, Chair of Trustees had to step down due to family commitments. Along came a year of change for everybody. It has left us with a core group of Trustees, & professionals determined to show from primary schools to workplaces and onto retirement there are brilliant dyslexics out there. What are you doing holding them back? How can you tap into their potential to help your company, school, or community be brilliant too?
4
**DYSLEXIA NORTH EAST** (A company limited by guarantee)
## **TRUSTEES ANNUAL REPORT**
For the year ended 30 September 2020
## **Financial Report**
Income for Dyslexia North East has showed a decrease of 15% over the previous year with a total of £87,557 being recorded, compared with £102,859 at year end 2019.
The reserves continue to be strong, showing a total of £32,63 1 compared with £26,693 at the year-end 2019.
Cash and Bank balances have increased by £6,649 with creditors decreasing by £72, and assets decreasing by £782, explaining the movement around the balance sheet.
This gives the Trustees and Service users comfort that the much needed Services will be able to continue into the foreseeable future.
## Reserves Policy
The Board of Trustees recognises the need to maintain adequate unrestricted financial reserves to meet unforeseen contingencies. At 30 September 2020 the Reserves stood at £32,632. The Trustees maintain a rolling projection for at least 12 months ahead and will continue to ensure that funding is sought from as wide a variety of sources as possible.
The Trustees will take all necessary steps to ensure that at no time in the foreseeable future, would it be possible for the ending of an income stream to seriously jeopardize our future so that we could continue to provide an effective and sustainable service.
In reviewing fixed costs that would still be incurred should there be a significant reduction in income, our policy is to maintain unrestricted reserves at a level equivalent to at least 3 months core operating expenditure plus a variable sum to continue, promote and grow the charitable objectives pursued.
## **4. Plans for the Future of Dyslexia North East. Staff changes**
- Improving the Website so that useful information for enquirers will make it more professional and accessible is underway
- Recruit new trustees and volunteers
- Strengthen links with BDA
- Empower young dyslexics and their families
- Connect with local employers, educators and community groups
## **Working with our Volunteers**
Dyslexia North East is indebted to our Volunteers who give their time and talents to help the children in our care.
## **5. Statement of Trustee Responsibilities**
The Trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standard (UK Generally Accepted Accounting Practice.)
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources, including the income and expenditure of the charitable company for that year.
In preparing the financial statements the Trustees are required to: • Select suitable accounting policies and apply them consistently
5
## **DYSLEXIA NORTH EAST** (A company limited by guarantee)
## **TRUSTEES ANNUAL REPORT**
For the year ended 30 September 2020
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees and Directors of Dyslexia North East have read and approved this Annual Report, Signed by:
Lyn Brown Chairperson for Dyslexia North East
Signature: Date: 05/05/2021
6
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 30 September 2020
I report on the financial statements of Dyslexia North East for the year ended 30 September 2020, which are set out on pages 8 to 18.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- h examine the accounts under section 145 of the Charities Act,
- h to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- h to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- h accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- h the accounts do not accord with such records; or
- h the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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
- h the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I 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.
Michelle Wright MAAT Connected Voice Business Services Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 05/05/2021
7
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **STATEMENT OF FINANCIAL ACTIVITIES**
(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)
For the year ended 30 September 2020
|6
7
Other trading activities
8
9
**Expenditure on:**
10
Charitable activities
Notes
**_Total income_**
Donations and legacies
**Income from:**
Investments
Charitable activities
Grants and contracts
Operation of the charity
**_Total expenditure_**
**_Total funds carried forward_**
**Reconciliation of funds**
Total funds brought forward
**_Net income/(expenditure) and net_**
**_movement of funds_**|Unrestricted
Funds
£
30,217
3,953
50,138
-
84,308
69,675
69,675
14,633
14,547
29,180|Restricted
Funds
£
-
3,249
-
-
3,249
11,944
11,944
( 8,695 )
12,146
3,451|**Total**
**2020**
**£**
**30,217**
**7,202**
**50,138**
**-**
**87,557**
**81,619**
**81,619**
**5,938**
**26,693**
**32,631**|Total
2019
£|
|---|---|---|---|---|
|||||16,702
36,917
49,238
2|
|||||102,859|
|||||109,082|
|||||109,082|
|||||( 6,223 )
32,916|
|||||26,693|
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 10 to 18 form an integral part of these accounts.
8
Charity Number 1129358 Company Number 06707963
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **BALANCE SHEET**
As at 30 September 2020
|**Fixed assets**
Tangible assets
17
**_Total fixed assets_**
**Current assets**
Debtors
18
Cash at bank and in hand
19
**_Total current assets_**
**Creditors:**amounts falling due within
one year
20
**_Net current assets_**
**_Total assets less current liabilities_**
**_Total net assets or liabilities_**
**Funds of the charity**
Unrestricted income funds
Restricted income funds
**_Total funds_**
Notes|**£**
800
30,494
**31,294**
**( 617 )**|**Total**
**2020**
**£**
1,954
**1,954**
**30,677**
**32,631**
**32,631**
29,180
3,451
**32,631**|**£**
800
23,845
**24,645**
**( 688 )**|**Total**
**2019**
**£**|
|---|---|---|---|---|
|||||2,736|
|||||**2,736**
**23,957**|
|||||**26,693**|
|||||**26,693**|
|||||14,547
12,146|
|||||**26,693**|
The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
The notes on pages 10 to 18 form an integral part of these accounts.
These financial statements were approved by the Board on: 05/05/2021 and are signed on its behalf by: Lyn Brown Chair
9
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## 1 **Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## 2 **Basis of accounting**
## 2.1 **Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Dyslexia North East meets the definition of a public benefit entity under FRS 102.
## 2.2 **Preparation of the accounts on a going concern basis**
The charity reported total unrestricted funds at the year-end of £20,790 and has already secured a significant amount of funding for the current year. The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. In response to the COVID-19 pandemic, the trustees have revised their forecasts to take into account measures that they can take with the current resources available to mitigate the impact of the current adverse conditions. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.
## 3 **Income**
## 3.1 **Recognition of income**
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
## 3.2 **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
## 3.3 **Grants and donations**
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
10
(A company limited by guarantee)
## **DYSLEXIA NORTH EAST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## 3.4 **Donated goods and services**
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.
## 3.5 **Volunteer help**
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
## 3.6 **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## 3.7 **Income from membership subscriptions**
Membership subscriptions received in the nature of a gift are recognised in donations and legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
## 3.8 **Investment gains and losses**
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
## 3.9 **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## 4 **Expenditure and liabilities**
## 4.1 **Liability recognition**
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 4.2 **Charitable activities**
Expenditure on charitable activities includes the costs of assessments and other activities undertaken to further the purposes of the charity and their associated support costs.
11
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## 4.3 **Governance and support costs**
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## 4.4 **Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 4.5 **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 4.6 **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Office furniture Computer equipment
Straight line over four years Straight line over four years
12
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## **Analysis of income**
|6
7
8
9|**Activities for generating funds**
**Charitable activities**
Income resources-voluntary
income
Income from grants
**Other income**
Workshop fees
Assessment fees
**Income from investments**
Big Lottery - Awards for All
Graham Wylie Foundation
Other income
Bank interest
General donations
Gift aid
Community Foundation - Henry Smith NE
Community Foundation
St James' Place
Coffee
Membership fees
Fundraising
Tuition|Unrestricted
Funds
£
25
796
10,102
19,295
30,217
3,953
-
-
-
-
-
-
3,953
30
485
49,623
50,138
-
-|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
3,249
-
3,249
-
-
-
-
-
-|**Total**
**2020**
**£**
**25**
**796**
**10,102**
**19,295**
**30,217**
**3,953**
**-**
**-**
**-**
**-**
**3,249**
**-**
**7,202**
**30**
**485**
**49,623**
**50,138**
**-**
**-**|Total
2019
£|
|---|---|---|---|---|---|
||||||68
1,562
2,537
12,535|
||||||16,702|
||||||6,686
800
9,040
5,000
9,890
3,249
2,252|
||||||36,917|
||||||365
902
47,971|
||||||49,238|
||||||2|
||||||2|
Income was £87,557 (2019: £102,859) of which £84,308 was unrestricted or designated (2019: £73,428) and £3,249 was restricted (2019: £29,431)
13
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## **Analysis of expenditure on charitable activities**
|10|**_Charitable activities_**
Direct costs
Client Sponsorship
Support costs
Governance costs
Website
Sessional workers
Project activities
Workshop costs
Tuition costs
Room hire
Marketing and promotion
Fundraising Costs
Conference costs
Books and articles
Assessment fees
Licences / insurance
Office costs
Rent
Secretarial costs
Independent examiner's fees for reporting on
the accounts
Organisation Development Manager
Depreciation
Professional fees
Volunteer expenses
Staff Costs|Unrestricted
Funds
£
-
-
36,758
-
17,404
9,214
36
-
-
900
460
399
-
102
2,888
-
-
8
-
782
186
540
69,675|Restricted
Funds
£
-
-
-
1,682
-
-
10,010
-
-
-
-
-
-
-
-
252
-
-
-
-
-
-
11,944|**Total**
**2020**
**£**
**-**
**-**
**36,758**
**1,682**
**17,404**
**9,214**
**10,046**
**-**
**-**
**900**
**460**
**399**
**-**
**102**
**2,888**
**252**
**-**
**8**
**-**
**782**
**186**
**540**
**81,619**|Total
2019
£|
|---|---|---|---|---|---|
||||||158
713
40,955
337
12,802
18,460
2,038
576
608
-
150
446
4,066
2,968
5,500
6,590
10,105
-
322
958
814
516|
||||||109,082|
Expenditure on charitable activities was £81,619 (2019: £109,082) of which £69,675 was unrestricted or designated (2019: £90,218) and £11,944 was restricted (2019: £18,864)
## 11 **Fees for examination of the accounts**
|Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner|**2020**
**£**
**540**
**87**
**627**|2019
£|
|---|---|---|
|||516
177|
|||693|
14
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## 12 **Analysis of staff costs and the cost of key management personnel**
|Redundancy
Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)|**2020**
**£**
**-**
**-**
**-**
**-**
**-**|2019
£|
|---|---|---|
|||8,770
199
525
611|
|||10,105|
No employee received remuneration above £60,000 (2019: nil)
The key management personnel of the charity, comprise the trustees. The total employee benefits of the key management personnel of the charity were £0.
## 13 **Staff numbers**
The average monthly head count was 0 staff (2019: 1 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
|The parts of the charity in which the employee's work
Charitable activities|**2020**
**Number**
**0.0**
**0.0**|2019
Number|
|---|---|---|
|||0.5|
|||0.5|
## 14 **Transactions with trustees**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
## **Trustees' expenses**
No trustee expenses have been incurred in the year.
## **Transaction(s) with related parties**
There have been no related party transactions in the reporting period.
## 15 **Defined contribution pension scheme**
The charitable company contributes to individual private pension schemes. The employer's pension costs represent contributions payable by the charity.
## 16 **Corporation Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
15
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
|17 **Tangible fixed assets**
**Cost**
Balance brought forward
Additions
Disposals
**Balance carried forward**
**Depreciation**
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
**Balance carried forward**
**Net book value**
**Brought forward**
**Carried forward**|**Office**
**furniture**
**£**
1,025
-
-
1,025
SL
25%
1,025
-
-
1,025
-
-|**Computer**
**equipment**
**£**
4,578
-
-
4,578
SL
25%
1,843
782
-
2,624
2,736
1,954|**Total**
**£**|
|---|---|---|---|
||||**5,603**
**-**
**-**|
||||**5,603**|
||||**2,868**
**782**
**-**|
||||**3,649**|
|||||
||||**2,736**|
|||||
||||**1,954**|
18 **Debtors and prepayments (receivable within 1 year)**
|19
Cash at bank
Other debtors
**Cash at bank and in hand**|**2020**
**£**
**800**
**800**
**2020**
**£**
**30,494**
**30,494**|2019
£|
|---|---|---|
|||800|
|||800|
|||2019
£|
|||23,845|
|||23,845|
16
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## 20 **Creditors and accruals (payable within 1 year)**
|**reditors and accruals (payable within 1 year)**|||
|---|---|---|
|Pension
Other accruals
Independent examination of accounts
Accruals|**2020**
**£**
**77**
**540**
**-**
**617**|2019
£|
|||77
516
95|
|||688|
## 21 **Events after the end of the reporting period**
No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.
## 22 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds**
|**Unrestricted funds**
General unrestricted fund
Designated funds
Contingencies
Sponsorship
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
9,831
3,457
1,259
14,547|**Incoming**
**resources**
£
84,308
-
-
84,308|**Resources**
**expended**
£
( 68,775 )
-
( 900 )
(69,675)|**Transfers**
£
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**25,364**
**3,457**
**359**|
||||||**29,180**|
## **Purpose of unrestricted funds**
General unrestricted fund The 'free reserves' after allowing for designated funds Designated fund Contingencies This is to cover future rent and salary costs Sponsorship This is a separate fund for training or assessments
The 'free reserves' after allowing for designated funds
17
## **DYSLEXIA NORTH EAST**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2020
## 22 **Analysis of charitable funds continued Analysis of movement in restricted funds**
|**Restricted funds**
Big Lottery - Awards for All
Graham Wylie Foundation
St James' Place
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
9,178
201
2,766
12,146|**Incoming**
**resources**
£
-
3,249
-
3,249|**Resources**
**expended**
£
( 9,178 )
-
( 2,766 )
(11,944)|**Transfers**
£
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**-**
**3,450**
**-**|
||||||**3,450**|
## **Purpose of restricted funds**
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
> Big Lottery - Awards for All To fund the High Flyers project
> Graham Wylie Foundation To fund the High Flyers project
> St James' Place Grant To fund the High Flyers project
## 23 **Capital commitments**
As at 30 September 2020, the charity had no capital commitments (2019 -£nil)
## 24 **Analysis of net assets between funds**
|Cash at bank and in hand
Tangible fixed assets
Other net current assets/(liabilities)|Unrestricted
Funds
£
1,954
27,043
183
29,180|Restricted
Funds
£
-
3,451
-
3,451|**Total**
**2020**
**£**
**1,954**
**30,494**
**183**
**32,631**|Total
2019
£|
|---|---|---|---|---|
|||||2,735
23,845
113|
|||||26,693|
18
2021-05-05
## Dyslexia North East IE 2019-20
Final Audit Report
Created: 2021-05-05 By: Nigel Douglass (nigel.douglass@connectedvoice.org.uk) Status: Signed Transaction ID: CBJCHBCAABAAXAx2JUPn7sgYIls12_LE81eBSQU0m-Xd
## "Dyslexia North East IE 2019-20" History
Document created by Nigel Douglass (nigel.douglass@connectedvoice.org.uk)
2021-05-05 - 2:40:53 PM GMT- IP address: 62.31.22.146
## Document emailed to Lyn Brown (lyn@dne.org.uk) for signature
2021-05-05 - 2:42:23 PM GMT
## Email viewed by Lyn Brown (lyn@dne.org.uk)
2021-05-05 - 2:42:53 PM GMT- IP address: 81.110.237.97
## Document e-signed by Lyn Brown (lyn@dne.org.uk)
Signature Date: 2021-05-05 - 2:44:45 PM GMT - Time Source: server- IP address: 81.110.237.97
Document emailed to M Wright (michelle.wright@connectedvoice.org.uk) for signature 2021-05-05 - 2:44:47 PM GMT
Email viewed by M Wright (michelle.wright@connectedvoice.org.uk) 2021-05-05 - 3:46:34 PM GMT- IP address: 62.31.22.146
## Document e-signed by M Wright (michelle.wright@connectedvoice.org.uk)
Signature Date: 2021-05-05 - 4:20:56 PM GMT - Time Source: server- IP address: 62.31.22.146
## Agreement completed.
2021-05-05 - 4:20:56 PM GMT