THE VOICE THAT MAKES A DIFFERENCE
REPORT OF THE TRUSTEES AND CHARITY ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Charity Number 1151890
REID & CO CORPORATE SERVICES LIMITED
Artemis House 4a Bramley Road Mount Farm Milton Keynes MK1 1PT
THE VOICE THAT MAKES A DIFFERENCE
CONTENTS OF THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
| CONTENTS | PAGE |
|---|---|
| Trustees Annual Report | 1Error: |
| Reference source not found | |
| Statement of Financial Activities (incorporating the | |
| income and expenditure account) | 6 |
| Balance sheet | 7 |
| Notes to the fnancial statements | 10 |
THE VOICE THAT MAKES A DIFFERENCE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2022
The trustees, who are also directors for the purposes of company law, present their report and the unaudited financial statements of the company for the year ended 31 March 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name: The Voice That Makes a Difference
Charity registration number 1151890
Principal office 18 Saint Leonards Court Northampton NN4 8BL
The trustees
The trustees who served the company during the period were as follows:
Mr D Pedley Mrs P McGovern Ms R A O'Malley MBE
Accountants:
Reid & Co Corporate Services Limited 4a Bramley Road Mount Farm Milton Keynes MK1 1PT
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a ‘deed of trust’ and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have developed a risk management strategy that involves a regular review of key risks faced by the charity and the establishment of systems and procedures to address those potential risks and to minimise any impact on the charity if the risks materialize.
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THE VOICE THAT MAKES A DIFFERENCE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2022
COVID-19
We follow all the government guidelines and ensure that we have the right equipment to safeguard ourselves and the people we work with.
Data protection
We have always been well aware of our responsibilities with regard to personal data that we hold and will continue to do this. In light of the new General Data Protection Regulation (GDPR) we are updating our processes and procedures. The trustees continually monitor how information we store is kept and used.
OBJECTIVES AND ACTIVITIES
The charity is focused on children and young adults who are deaf or blind and those who may have other disabilities. Our aim is to eliminate the boundaries faced by deaf or blind children on a day to day basis. We provide screenings of the latest films at cinemas using total communication ie combining sign language, subtitles, sound and audio description. We run computer courses providing information in specialised formats to cater to specific impairments. We also run drama, animation music and education based workshops as well as providing counselling and mentoring to the young deaf or blind. We help the families of disabled children to obtain the support they are entitled to. We have set up a food parcel service for the families who need them.
ACHIEVEMENTS AND PERFORMANCE
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
Performance
It is important to mention that the financial support and encouragement from the National Lottery has been invaluable. We would not have been able to carry out the wide range of activities outlined in this report without their help.
This year we have run a lot of workshops with schools including the signing of films in schools and at youth groups. This has given the children the opportunity to talk about their mental health needs. We are discussing helping them set up a communication passport so that people have a better understanding their communication needs. These young disabled children often feel left out, both whilst watching films and when out with their families because they do not understand either the sense of humour in the film or when someone makes a joke in it. It is very difficult for them to understand what it means.
We are still having problems getting the children to go back into the cinema. We have been carrying out educational projects with the families, to enable them to see that the cinema is a safe place. We hope that in the future we will be able to convince families to come. We are constantly updating families about what is
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THE VOICE THAT MAKES A DIFFERENCE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2022
happening.
We are still running a number of workshops for children with disabilities to develop their personal life skills. These are very important because of the poor mental health these young people have. A lot of our children come from poorer backgrounds so poverty is familiar to them and often they suffer from depression and low self-esteem. We have run workshops for them so that they can see their own qualities and believe in themselves.
We have organised trips to a variety of attractions including:-
Legoland and the London Eye, Cadbury World, Skegness Nature Land Seal Sanctuary, Gulliver’s Land and Outdoor Splash, National Sea Life Centre, Birmingham.
The trips have been a major success with the children who found them very exciting and wanted to do more of these trips. They help to build up the children’s confidence and made all the families very happy.
The provision of a food bank is a very important part of what we are now doing. We work with families with very limited income. They are struggling all the time and are often at a crisis point. There have been major cutbacks in support for parents who have children with special needs. Having the food bank makes a lot of difference to these family’s lives.
Future plans
We aim to organise more trips as they have helped the children with their mental health needs.
By working with schools we hope that we can encourage more children to go to the cinema again.
We will be working with disabled children so that they can set up a communication passport, thus feeling more in control of what is happening to them.
We will work with social workers, carers, parents and families to support disabled children’s mental health. It is important that we help them.
We will run workshops that cover a variety of topics so that disabled children do not lose out.
We aim to run health and fitness workshops that will encourage children to think about the food they eat.
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THE VOICE THAT MAKES A DIFFERENCE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2022
We will aim to give disabled children a place where they feel safe.
FINANCIAL REVIEW
Equipment
We keep an up-to-date record of all forms of equipment so that this information can be used for forward planning and budgeting for all new equipment when there is a need for replacement. All the equipment is checked by professionals and reviewed to see whether it needs replacing or updating. We are looking for grants to update our computer equipment. Our equipment is well used and people are trained to use it.
Reserves
The Voice That Makes a Difference is aiming to build up a reserve of at least 5 to10 thousand pounds over the next five years. This will be done by fund raising. The trustees intend to invest the fund reserve in the most appropriate manner and will look to use an investment manager to invest in a mixture of equities, treasury bonds and cash. The investment objective would be to obtain long term capital growth. Raising reserves is very important because of the economic climate and it is harder to obtain grants and donations because more charities are competing for less resources. This situation has been exacerbated because of the Covid-19 crisis.
ACCOUNTANTS
Reid & Co are deemed to be re-appointed under section 487(2) of the Companies Act 2006.
Signed on behalf of the trustees
D Pedley Chair of Trustees
........................
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THE VOICE THAT MAKES A DIFFERENCE
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
YEAR ENDED 31 MARCH 2022
I report on the accounts for the year ended 31 March 2022 set out on pages 7 to 15.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
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examine the accounts under Section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the 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 you as 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 statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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To keep accounting records in accordance with Section 130 of the 2011 Act; and
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To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Reid & Co. Corporate Services Ltd 4a Bramley Road Mount Farm Milton Keynes
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THE VOICE THAT MAKES A DIFFERENCE
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES YEAR ENDED 31 MARCH 2022
MK1 1PT
Date: ........................................
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THE VOICE THAT MAKES A DIFFERENCE
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2022
| Unrestric | ||||||
|---|---|---|---|---|---|---|
| Restricte | ted and | |||||
| d Fixed | Total | Total | ||||
| Unrestric | Restricte | Asset | Funds | Funds | ||
| ted Funds | d Funds | Funds | 2022 | 2021 | ||
| Not | £ | £ | £ | £ | ||
| e | £ | |||||
| INCOMING | ||||||
| RESOURCES | ||||||
| Incoming resources | ||||||
| from generating funds: | ||||||
| Voluntary income | 2 | 32,941 | - | 32,941 | ||
| 2 | 50,574 | |||||
| ------------------------------- | ------------------------------- | ------------------------------- |
------------------------------- | ------------------------------- | ||
| TOTAL INCOMING RESOURCES |
32,941 | - | 32,941 | 50,574 | ||
| ------------------------------- | ------------------------------- | ------------------------------- |
------------------------------- | ------------------------------- | ||
| RESOURCES | ||||||
| EXPENDED | ||||||
| Charitable activities | ||||||
| Costs of charitable | 3 | 60,645 | 60,645 | |||
| events | 17,933 | |||||
| Other resources | 14,341 | - | 14,341 | |||
| expended | 12,724 | |||||
| ------------------------------ | ||||||
| ------------------------------- | ------------------------------- | ------------------------------- | - | ------------------------------- | ||
| TOTAL RESOURCES EXPENDED |
74,986 | - | - | 74.986 | 30,657 | |
| ------------------------------- | ------------------------------- | ------------------------------- |
------------------------------- | ------------------------------- | ||
| NET INCOMING RESOURCES |
(42,045) | - | - | (42,045) | 19,917 | |
| ------------------------------- | ------------------------------- | ------------------------------- |
------------------------------- | ------------------------------- | ||
| TOTAL FUNDS CARRIED FORWARD |
(42,045) | - | - | (42,045) | 19,917 | |
| ============== | ============== | ============== | ============== | ============== | ||
| ============== | ============== | ============== | ============== | ============== | ||
| === | === | === | === | === |
The notes on pages 8 to 14 form part of these charity accounts.
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THE VOICE THAT MAKES A DIFFERENCE
BALANCE SHEET
31 MARCH 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| FIXED ASSETS | ||||
| Tangible assets | 6 | 4,060 | 5,413 | |
| CURRENT ASSETS | ||||
| Cash at bank | 9,568 | 42,288 | ||
| Debtors | 7 | - | - | |
| -------------------------- | ---------------- | |||
| 9,568 | 42,288 | |||
| CREDITORS: Amounts falling due | ||||
| within one year | 8 | (9,172) | (1,200) | |
| -------------------------- | ---------------- | |||
| NET CURRENT ASSETS/(LIABILITIES) | 396 | 41,088 | ||
| -------------------------- | -------------------------- | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 4,456 | 46,501 | ||
| --------------------------4 | -------------------------- | |||
| NET ASSETS | 4,456 | 46,501 | ||
| ============== | ============== | |||
| ============ | ============ | |||
| FUNDS | ||||
| Unrestricted income funds | 9 | (17,684) | 24,361 | |
| Restricted funds | 9 | 17,340 | 17,340 | |
| Restricted fxed asset funds | 9 | 4,800 | 4,800 | |
| ------------------------------- | ------------------------------- | |||
| TOTAL FUNDS | 4,456 | 46,501 | ||
| ============== | ============== | |||
| ============== | ============== | |||
| === | === |
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Trustees' responsibilities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements were approved by the members of the committee and authorised for issue on the 23/01/2023 and are signed on their behalf by:
The notes on pages 8 to 14 form part of these financial statements.
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THE VOICE THAT MAKES A DIFFERENCE
BALANCE SHEET
31 MARCH 2022
Note
£
2021 £ £
Mr D Pedley Director
The notes on pages 8 to 14 form part of these financial statements.
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THE VOICE THAT MAKES A DIFFERENCE
NOTES TO THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ (effective 1 January 2015), the Charities Act 2011 and the requirement of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2015).
The accounts are presented in sterling, which is the functional currency of the charity.
The charity meets the definition of a public benefit entity under FRS 102.
Transition to FRS 102
The charity transitioned from previous UK GAAP to FRS 102 as at 1 April 2016. Details of how FRS 102 has affected the reported financial position and financial performance are given in note 13.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
The value of gifts in kind and donated goods provided to the charity are recognised at their open market value in the period to which they relate. An equivalent amount is included as expenditure under the relevant heading in the Statement of Financial Activities, except where the donated good is a fixed asset in which case the amount is included in the appropriate fixed asset category and depreciated over its useful economic life in accordance with the charity’s policies.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objectives of the charity.
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THE VOICE THAT MAKES A DIFFERENCE
NOTES TO THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Cash and cash equivalents
Cash and cash equivalents are short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
25% reducing balance
Financial Instruments
Financial assets and liabilities are recognised on the Balance Sheet when the charity has become a party to the contractual provisions of the instrument.
Going concern
These financial statements have been prepared on a going concern basis.
Accounting judgements and estimates
In the process of applying the accounting policies, the Trustees have made judgements, assumptions and estimates about the carrying amount of assets and liabilities.
Judgements
Assets are reviewed for impairment where there are indicators of impairment. The carrying amounts of tangible assets are reviewed and an impairment loss is recognised where the carrying amounts exceed the assets’ recoverable amount.
Estimates
Deprecation rates are reviewed at the end of each reporting period to ensure these remain appropriate.
2. VOLUNTARY INCOME
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THE VOICE THAT MAKES A DIFFERENCE
NOTES TO THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
| Unrestric | Restricte | Total | Total | |
|---|---|---|---|---|
| ted | d Funds | Funds | Funds | |
| Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | |
| Lottery grant | 27,941 | 27,941 | 35,374, 353 |
|
| Voluntary donations | 5,000 | 5,000 | 5,000 | |
| Gifts in kind | - | - | - | |
| ----------------------------- | ----------------------------- | ------------------------------- | ----------------------------- | |
| Total income resources | 32,941 | - | 32,941 | 50,574 |
| = | ||||
| ============== | ============== | ============== | ============== | |
| ============== | ============== | ============== | ============== | |
| === | == | === | === |
3. COSTS OF CHARITABLE EVENTS
| Unrestric | Restricte | Total | Total | |
|---|---|---|---|---|
| ted | d Funds | Funds | Funds | |
| Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | |
| Interpreting and workshop costs | 60,645 | - | 60,645 | 17,933 |
| ============== | ============== | ============== | ============= | |
| ============== | ============== | ============== | ============= | |
| === | === | === | ===== |
4. NET INCOMING RESOURCES
Net income for the year is stated after charging:
| Net income for the year is stated after charging: | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Accountants and Independent Examiners fees | 600 | 1,200 |
| Depreciation | 1,353 | 1,804 |
| ============== | ============== | |
| ============ | ============ |
5. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the period ended 31 March 2022 and no expenses were reimbursed (2021: £Nil).
6. TANGIBLE FIXED ASSETS
Equipment
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THE VOICE THAT MAKES A DIFFERENCE
NOTES TO THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
COST At 1 April 2021 21,674 ----------------------------- At 31 March 2022 21,674 =============================== DEPRECIATION At 1 April 2021 16,261 Charge for the year 1,353 ----------------------------- At 31 March 2022 17,614 =============================== NET BOOK VALUE At 31 March 2022 4,060 =============================== At 31 March 2021 5,413 ===============================
7. DEBTORS: Amounts falling due within one year
2022 2021 £ £ - - Prepayments ============== ============== ============ ============
8. CREDITORS: Amounts falling due within one year
2022 2021 £ £ Accruals 9,172 1,200 ----------------------------------------- 9,172 1,200 ============== ============== ============ ==
9. MOVEMENT IN FUNDS
Net movement in funds, are as follows:
| Balanc | Incomi | Resour | Balanc | |
|---|---|---|---|---|
| e b/fwd | ng | ces | e | |
| resour | expend | c/fwd | ||
| ces | ed | |||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 24,361 | 32,941 | (74,986) | (17,6 |
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THE VOICE THAT MAKES A DIFFERENCE
NOTES TO THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
| 84) | ||||
|---|---|---|---|---|
| Restricted funds | 17.340 | 17,3 | ||
| 40 | ||||
| Restricted fxed asset funds |
4,800 | 4,800 | ||
| ------------------------------ | ------------------------------ | ------------------------------ | ---------------------------- | |
| TOTAL FUNDS | 46,501 | 32.941 | (74,986) | 4,456 |
| =========== | =========== | =========== | ========== | |
| =========== | =========== | =========== | ========== | |
| ========= | ========= | ========= | ========== | |
| = |
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestric | Restricte | Total | Total | |
|---|---|---|---|---|
| ted | d Funds | Funds | Funds | |
| Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | |
| , | ||||
| Fixed assets | 460 | 3,600 | 4,060 | 5,413 |
| Current assets | 9,568 | 9,568 | 42,288 | |
| Current liabilities | (9,172) | (9,172) | (1,200) | |
| ----------------------------- | ----------------------------- | ------------------------------- | ----------------------------- | |
| Balance at 31 March 2021 | 856 | 3,600 | 4,456 | 46,501 |
| = | ||||
| ============== | ============== | ============== | =========== | |
| ============== | ============== | ============== | =========== | |
| === | == | === | ========= |
The restricted fund includes restricted fixed asset funds of £4,800 (2021: £4,800) relating to donated fixed assets.
11. ANALYSIS OF RESTRICTED FUNDS
| At 31 | ||||||
|---|---|---|---|---|---|---|
| At 1 | Marc | |||||
| April Incom |
Expendit | Transfe | h | |||
| 2021 | e | ure | rs | 2022 | ||
| £ | £ | £ | £ | £ | ||
| Enabling not Disabling | 17,340 | - | - | 17,340 | ||
| ----------------------------- | ----------------------------- | ----------------------------- | ----------------------------- ----------------------------- |
|||
| 17,340 | - | - | 17,340 | |||
| ========== | ========= | ========== ========= |
||||
| ========== | ========= | = | ========== ========= |
|||
| ========== | ========= =============== |
========== ========= |
||||
| == | =============== |
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THE VOICE THAT MAKES A DIFFERENCE
NOTES TO THE CHARITY ACCOUNTS
YEAR ENDED 31 MARCH 2022
12. RELATED PARTY TRANSACTIONS
There were no related party transactions during the current or prior year.
1 3. TRANSITION TO FRS 102
These are the first financial statements that comply with FRS 102. The charity transitioned to FRS 102 on 1 April 2016.
No transitional adjustments to the financial results were required.
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