REGISTERED CHARITY NUMBER: 1168674 

Report of the Trustees and ————Unaudited iFinancial ratement Statement forror thethe yearyear endedended 3131 August 2023August 2023 

for 

Dyslexia Sparks 

Fisher & Company Limited Chartered Certified Accountants Kingfisher House 65 Market Place Market Weighton York YO43 3AN 



## Dyslexia Sparks 

Contents of the Financial Statements for the year ended 31 August 2023 


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|Page|
|Report|of the Trustees|
|3to5|
|Independent Examiner's Report|6|
|Statement|of|Financial|Activities|
|7|
|Balance|Sheet|
|8|
|Notes|to|the|Financial|Statements|
|9|to|13|
|Detailed Statement of Financial Activities|14|

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Report of the Trustees 

## Dyslexia Sparks 

for the year ended 31 August 2023 

The trustees present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of 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). 

## OBJECTIVES AND ACTIVITIES 

## Objectives and aims: 

To advance the education of individuals with specific learning difficulties and related concerns, including, but not limited to: Dyslexia, Dyscalculia, Dyspraxia, ADHD and ASD. 

## Significant activities: 

- providing information and guidance to individuals, organisations and other bodies; 

- providing detailed information regarding specific needs and recommended support via the use of relevant assessment tools; 

- providing tutoring and guidance to individuals in need of specialist support; 

- obtaining, collecting and receiving monies and funds by way of contributions, donations, legacies, grants and any other lawful method. 

The trustees confirm that they have received guidance issued by the Chartity Commission on public benefit. 

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Report of the Trustees for the year ended 31 August 2023 

## Dyslexia Sparks 

## ACHIEVEMENT AND PERFORMANCE 

## Charitable activities 

The charity has had a very positive year, which sees demand for services continue to grow. In particular, demand for dyslexia assessments is at its highest since the charity founded — reflecting the ongoing need for specialist support in the area. Assessment services are now being more widely offered, with the introduction of online assessments for adults, and supporting the relationships built up with local organisations. 

Support for schools has also seen an increase, with more schools opting to receive dyslexia assessments for their learners, as well asa higher number of schools receiving teacher training —to support the charity’s objectives of improving teacher’s knowledge and skills in Supporting dyslexic learners in the classroom. 

Delivery of specialist tuition continues to be a key service offered by the charity, and will see the charity taking on more specialist staff to support the demand for this. 

The charity’s free monthly online support group for parents and teachers is growing in popularity, and has seen a range of specialist topics covered, both by the charity’s own specialists, as well as by external experts. 

The charity’s focus on Assistive Technology has grown this year, with the allocation of a Lead for Assistive Tech — guidancethis has allowedinto local us toschools. develop this provision for clients of the charity, as well as extend this support and 

Fundraising events throughout the year have Supported the charity, but also have allowed individuals to come together, to celebrate dyslexia and explore ways to make positive contributions. 

The charity has ended the financial year with a surplus. Income in most areas has increased, due to demand of services. There has been some rising costs in terms of salaries, rent, travel expenses, and sundries. Reserve funds are related to funding received for specific projects/resources, which are left unspent at the end of the year. These funds are reserved to be used for the purpose for which they were originally planned. 

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ae 



## Dyslexia Sparks 

Report of the Trustees for the year ended 31 August 2023 

## FINANCIAL REVIEW 

## Reserve policy 

The charity does not currently have a reserve policy in place, however the board of trustees is working towards developing a policy. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

Governing document 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

## REFERENCE AND ADMINISTRATIVE DETAILS 

Registered Charity Number 1168674 

Principal address Dunston House Livingstone Road Hessle East Yorkshire HU13 OEG 

Trustees 

Mrs L Edwards Mrs B Holbrook Mr D Warner 

## Independent Examiner 

Fisher & Company Limited (Chartered Certified Accountants} Kingfisher House 65 Market Place 

Market Weighton East Yorkshire YO43 3AN 

m Approved by order of the board of trustees on ASSate 1026, nd signed on its behalf by: 

Mrs L Edwards - Trustee 

, . 

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Independent Examiner's Report to the Trustees of Dyslexia Sparks 

## Independent Examiner's Report to the Trustees of Dyslexia Sparks 

| report to the charity trustees on my examination of the accounts of Dyslexia Sparks (the Trust) for the year ended 31 August 2023. 

## Responsibilities and basis of report 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act'). 

| report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination | have followed all applicable directions given by the Charities Commission under section 145(5)(b) of the Act. 

## Independent examiner's statement 

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2) the accounts do not accord with those records; or 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as apart of an independent examination. 

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. 


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Paul D. Watson FCCA Fisher & Company Limited Kingfisher House 65 Market Place Market Weighton York YO43 3AN 

Date: U1 Jue 204 

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## Dyslexia Sparks 

Statement of Financial Activities for the year ended 31 August 2023 

|||||31-Aug-23|31-Aug-22|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|INCOMEAND ENDOWMENTS FROM|Notes|£|£|£|£|
|Donationsand legacies||227,333|2,073|229,406|220,715|
|EXPENDITURE ON||||||
|Raisingfunds|2|208,413|4,480|212,893|201,693|
|NETINCOME||eee<br>18,920<br>(<br>2,407)<br>16,513<br>19,022||||
|RECONCILIATION OFFUNDS||||||
|Totalfundsbrought forward||76,945|16,671|93,616|74,594|
|TOTALFUNDSCARRIEDFORWARD||eee<br>95,865<br>14,264<br>110,129<br>93,616<br>aeeee||||



The notes form part of these financial statements 

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Balance Sheet 31 August 2023 

. 

## Dyslexia Sparks 


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|||||||||
|---|---|---|---|---|---|---|---|
|31-Aug-23|31-Aug-22|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|FIXED|ASSETS|Notes|£|£|£|£|
|Tangible assets|6|2,868|-|2,868|2,089|
|CURRENT ASSETS|
|Debtors|7|18,706|-|18,706|13,828|
|Cash at bank and|in hand|97,206|14,264|111,470|95,287|
|eT|
|CREDITORS|115,912|14,264|130,176|109,115|
|Amounts falling due within one year|8|(|22,913)|-|(22,913)|(|17,588)|
|ee|
|TOTAL ASSETS|LESS|CURRENT|ee92,999|14,264|107,263|91,527E|
|LIABILITIES|95,867|14,264|110,131|93,616|
|NET ASSETS|eee95,867|14,264|110,131|93,616|
|————|
|FUNDS|9|
|Unrestricted|funds|
|Restricted|funds|95,867|76,945|
|14,264|16,671|
|in|
|110,131|ns93,616I|
|eeeUNO|
|andThe|financial statements were approved by the Board ofTrustees and authorised for issue on IS’tu Sune ZZ.|
|were signed|on|its|behalf by:|

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Mrs L Edwards - Trustee 

The notes form part of these financial statements 


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Notes to the Financial Statements for the year ended 31 August 2023 

## Dyslexia Sparks 

1) ACCOUNTING POLICIES 

## Basis of preparing the financial statements 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland! and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## Expenditure 

Liabilities are recognised as expenditure as soon as there is a legal on constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefit will be required in settlement and the amount of the obligation can be measured reliably. 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. 

Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - Straight line over 3 years Taxation The charity is exempt from tax as 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 the particular restricted purpose within the objects of the charity. 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. 

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Dyslexia Sparks 

Notes to the Financial Statements for the year ended 31 August 2023 

2) 

4) 

Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's relate.pension scheme are charged to the Statement of Financial Activities in the period to which they 

## RAISING FUNDS 


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|||||
|---|---|---|---|
|Raising|donations|and|legacies|
|31-Aug-23|31-Aug-22|
|Support|£|£|
|costs|184,807|169,467|
|>|—{—{—£— ——|EE|

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3) 

TRUSTEES’ REMUNERATION AND BENEFITS 

There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022. 

## Trustees' expenses 

There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022. 

## STAFF COSTS 

The average monthly number of employees during the year was as follows: 

5) 


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|||||||
|---|---|---|---|---|---|
|Tutor|salaries|31-Aug-23|31-Aug-22|
|Admin|4|4|
|salaries|3|3|
|nce|
|7|7|
|—————————|EEE|
|No employees|received|emoluments|in|excess|of £60,000.|
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|
|Unrestricted|Restricted|Total|
|funds|funds|funds|
|INCOME AND|ENDOWMENTS|FROM|£|£|£|
|Donations and|legacies|205,105|15,610|220,715|
|EXPENDITURE|ON|
|NETRaising|funds|ee198,065|3,628IVEP|SUED201,693|
|INCOME|7,040|11,982|19,022|
|RECONCILIATION|OF|FUNDS|
|Total|funds brought forward|57,923|16,671|74,594|
|TOTAL FUNDS CARRIED FORWARD|ee64,963|28,653|93,616|
|===|

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## Dyslexia Sparks 

## Notes to the Financial Statements for the year ended 31 August 2023 

## 6) TANGIBLE FIXED ASSETS 

|||Fixtures|
|---|---|---|
|||and fittings|
|COST||£|
|At 1September2022<br>Additions<br>Disposals||12,795<br>2,257<br>-|
|At31August2023<br>DEPRECIATION||15,052|
|At 1September2022<br>Chargeforyear<br>On disposal||10,706<br>1,478<br>-|
|At31August2023<br>NET BOOKVALUE||12,184|
|At31August2023<br>At31 August2022||2,868<br>2,089|
|DEBTORS:AMOUNTS FALLINGDUEWITHINONEYEAR|||
||31-Aug-23|31-Aug-22|
|Trade<br>**debtors**<br>Other|£<br>18,202<br>-|£<br>12,693<br>-|
|Prepayments and accrued income|504|1,135|
||18,706|13,828|
||ne||
|CREDITORS:AMOUNTS FALLING DUEWITHINONEYEAR|||
||31-Aug-23|31-Aug-22|
|Trade<br>creditors<br>Social<br>securityand othertaxes<br>Accrualsanddeferred income|£<br>1,075<br>3,477<br>18,361|£<br>1,837<br>2,501<br>13,250|
||22,913|17,588|



## 7) DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 

## 8) CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 

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## Dyslexia Sparks 

Notes to the Financial Statements for the year ended 31 August 2023 

9) MOVEMENT IN FUNDS 

||Bfwd|||Net||Cfwd|
|---|---|---|---|---|---|---|
||At|||movement||At|
||01-Sep-22|||infunds||31-Aug-23|
|Unrestricted funds|£|||£||£|
|General fund<br>Restricted funds|76,945|||18,922||95,867|
|Restrictedfund<br>TOTALFUNDS|16,671<br>(<br>2,407)<br>14,264<br>93,616<br>16,515<br>110,131<br>aee nD||||||
|Netmovement in funds, included in theaboveare asfollows:|||||||
||Incoming|||Resources||Movement|
||resources|||expended||in funds|
|Unrestricted funds|£|||£||£|
|Generalfund<br>Restricted funds|227,333||(|208,413)||18,920|
|Restricted fund<br>TOTALFUNDS|2,073<br>(<br>4,480) (<br>2,407)<br>___229,406<br>( 212,893) 16,513<br>a<br>er||||||
|Comparatives for movement in funds:|||||||
||Bfwd|||Net||Cfwd|
||At||movement|||At|
||01-Sep-21|||infunds||31-Aug-22|
|Unrestricted funds|£|||£||£|
|General fund<br>Restricted funds|69,905|||7,040||76,945|
|Restrictedfund<br>TOTALFUNDS|4,689<br>11,982<br>16,671<br>74,594<br>19,022<br>93,616<br>Se||||||
|Comparative netmovement infunds, included intheabove areasfollows:|||||||
||Incoming||Resources||Movement||
||resources||expended|||in funds|
|Unrestricted funds|£|||£||£|
|General fund<br>Restricted funds|205,105||(|198,065)||7,040|
|Restrictedfund<br>TOTALFUNDS|15,610<br>(<br>3,628)<br>11,982<br>220,715<br>(<br>201,693)<br>19,022<br>a||||||



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## Dyslexia Sparks 

## Notes to the Financial Statements 

for the year ended 31 August 2023 

A current year 12 months and prior year 12 months combined position is as follows: 

||Bfwd|Net|Cfwd|
|---|---|---|---|
||At|movement|At|
||01-Sep-21|infunds|31-Aug-23|
|Unrestricted funds|£|2|£|
|General fund<br>Restricted funds|69,905|25,960|95,865|
|Restrictedfund<br>TOTALFUNDS|4,689<br>9.575<br>14,264<br>74,594<br>35,535<br>110,129<br>ee|||



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming||Resources|Movement|
|---|---|---|---|---|
||resources||expended|in funds|
|Unrestricted funds|£||£|£|
|Generalfund<br>Restricted funds|432,438|(|406,478)|25,960|
|Restrictedfund<br>TOTALFUNDS|17,683<br>(<br>8,108)<br>9,575<br>450,121<br>(<br>414,586)<br>35,535<br>a||||



## 10) RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 31 August 2023. 

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## Dyslexia Sparks 

Detailed Statement of Financial Activities for the year ended 31 August 2023 

||31-Aug-23|31-Aug-22|
|---|---|---|
|INCOMEAND ENDOWMENTS|£|£|
|Donationsand legacies|||
|Donations|||
|Assessments and reports|9,109|6,498|
|Tuition|74,289|58,241|
|Bursary income|105,700|120,317|
|Other income|21,522|23,223|
|Government grants|17,112|4,504|
|Total incoming resources|1,674|7,932|
||229,406<br>220,715<br>—SN||
|EXPENDITURE|||
|Othertrading activities|||
|Bursary support provided|||
|Educational materials|23,027|25,140|
|Training|577|579|
|Psychologist fees|747|467|
|Bad debts|2,990|6,040|
||745|-|
|Support costs|28,086|32,226|
|Wages|||
|Social security|144,729|134,785|
|Pensions|6,999|6,180|
|Repairs and renewals|3,114|2,805|
|Insurance|4,589|1,025|
|Rent and room hire|794|694|
|Telephone|14,7495|15,412|
|Postage and stationery|539|889|
|Advertising|1,052|1,293|
|Sundries|938|-|
|Motor<br>andtravelling|2,416<br>542|1,758<br>1,285|
|Finance|180,461|166,126|
|Bank charges|||
|Depreciation oftangible fixed assets|903|1,075|
||1,478|973|
|Governance costs|2,381|2,048|
|Accountancy and legalcosts|1,965|1,293|
|Total resources expended|||
||212,893|201,693|
|Net income|||
||16,513<br>19,022<br>—<br>ee||



This page does not form part of the statutory financial statements 

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