Charity wislralion number.. 1175054 Centre for Deaf and Hard of Hearing People Annual Re[1 and Financial slements for the Year Ended 31 March 2024 GWJones&Co Office 1 The Coach House 24-26 Slalion Road Shirehampton Bristol BS119TX
Centre for Deaf and Hard of Hearing People Contents (continued) Reference and Administrative Details Trustees, Report 2107 Independent Examinerfs Report Slalemenl of Financial Activities Balance Sheet Notes lo the Financial Slalemenls 11 1021
Centre for Deaf and Hard of Hearing People Reference and Administrative Details Trustees F Stewart- appointed 22.03.2018 C Wickham - appointed 09.10.2017 A Grant, Acting Treasurer- appointed 09.10.2017 G Behenna - appointed 09.10.2017 F Evason - appointed 28.09.2022 P Welton - appointed 02.05.23, resigned 09.01.2024 Charlty Registratlon NuMr 1175054 Prlnclpal Offica The Vassall Centre Gill Avenue Fishponds Bristol BS16 2QQ Indepondont Examiner GWJones&Co Office 1 The Coach House 24-26 Station Road Shirehamplon Bristol BS119TX Bankers HSBC
Centre for Deaf and Hard of Hearing People Trustees. Report The Iruslees psent the annual report together with the financial statements of the charity for the year ended 31 March 2024. Objectives and activlties Objects and aims The object of Ihe charity is the relief of those people who are Deaf and Hard of Hearing in Bristol and its surrounding areas. Objectives. strategie$ and activities Our mission is to create fa%r a¢$ and Improve the quality of lrfe for all people with hearing loss and provide emotional and practical support for all affected by hearing loss. This is based on OUT vision of.. A world where hearing loss does not equal isolation. - A wodd where Deaf and hearing communities Integrale into ¢Me society. A Bristol and South Gloueeslershire where communication is no longer a barrier for Ih05e who use BSL or have an acquired hearing loss and where everyone can feel part of the vibrant community that they live in loday. We do Ihis by". - Offering evenls and services that inform the wider eommunty about the needs of Deaf people. Arranging events lo strengthen the Deaf and Hard of Hearing communities and help lo alleviate isolation. - Running an effective equipment servtr so barriws lo communication can be overcome. Making sure there is an open flow of communication, Ihrough regular cor)sullation, with the Deaf and Hard of Hearing communities, the Wer community, relevant partners and stakeholders. Public benefit In Shaping Ihe objectives for the year and planning 8clivilies. the InJslee$ have considered the Charity Commission'5 guidance on public benefrt. including the guidance "Public Benefit.'running a charity IPB21" The Irustees 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.
Centre for Deaf and Hard of Hearing People Trustees. Report (continued) Achievernents and perfonnance The year from April 2023 to March 2024 was a very successful year for CfD as our new CEO, Justin Smith led the staff team through a busy and exciting year when CfD Offe more events an¢J opportunities lo Deaf and hard of hearing people Ihroughwl Brist. In May 2023 Paul Welton joined the Board. Paul made ex(lent contributions al the Board meetings but, unfortunately, he had lo resign in January 2024. The Trustees rèvised the Safeguarding Policy and are now revising policies around Lone Working and Health and Safety lo make sure that all staff have safe working conditions. The Iruslees have also been working on what accessible deaf-th"endly 9)Vernan would Iwk like and how CID can involve 811 Deaf people in our planning and decision-making. Mark Gill continued as the CfD Community Development Olcer. In September 2023, Joanna Stevens joined us as Project Assistant lo support Mark. Piers Kittell was offered an exciting new role outSKle of CfD aThJ so left in May 2023. In his short lime as the Equipment Service Operations and Marketing Manager. Piers worked lo Improve our use of the Charity Log database for keeping clienl records. Gemma Maggs joined Cfo In September as an Equipment Iyicer. Filling Ihe role of Equipment Service Manager was more challenging. We had lo advertise three limes before we could fill the vacancy. Claire Muscat started in February 2024. Oaisy Williams was appointed as Charity Secretary, to provide support to the Board and Committees. Rebekah Allen reduced her hours so she could focus on becoming a Sn Language Inlerpreler. Rebekah and Daisy now work logelher as the CfD administrative team. The expanding team meant that CfD outgrew our existing off1ce space. So the trustees agreed that we should move lo a larger sel of offices bul still in the Vassall Centre. The move was eompleled by April 2024 and the Iruslees are looking forward to seeing the CID team expand further. The Community Development Office, Mark Gill and the CEO, Justin Smith, have continued lo develop our social media presence - primari5y through Facebook and Inslagram, with information In BSL and Englssh. Our next iask Is to add more BSL lo the CfD website Thanks lo the excellent work of Mark Gill, CID featured in a video pro(Juced by Bristol City Council lo celebfale Iheir Welcome Spaces project. See https".Ilodo.uk14WhZF. The Community Development Project meant that CfD could offer more events lo Deaf and hard of hearing people. In 202>24 CfD ran 20 events attended by a total of 423 people. The trustees are delighted that CID is reaching out to Deaf and hard of hearing people. In May 2023 we held the first ever CfD Information Day. Over 1 $0 Deaf and hard of hearing people attended this event and enjoyed meeting represenlalives from 33 organisalions_ In June 2023 sludenls from Elmfield School for Deaf Children had a work placement al CID. We hope this will be the start of a closer relationship with Elmfield. The Trustees were also very pleased with the new grants that CfD attracted in 2023-24. These were.. Feeding 8ristol. £13.574 to run workshops on healthy eating. Bristol City Council Community Hubs £50,000 over two years lo ¢J8velop our capacity as a community hub.
Centre for Deaf and Hard of Hearing People Trustees. Report (continued) Wesleyan Foundation £9,829 to provide workshops and supwrt for people to understand more about their heanng loss. South Gloueeslershire £28.500 to develop support for Deaf people in South Gloueeslershire, with focus of Wellbeing. This the result of many months of the CEO negotiating with South Gloucestershire Council. The CfD CEO contrilxjles lo the 8ri$lol Deaf Health Partnership and chairs meetings on a rotating basis. The purpose of the group is for healthcare kyoviders lo share service improvements and lo gain Insight into the experiences of Deaf people when they access health services. Justin also supports work on the Accessible Information Standards with involvement in steering groups al NHS Trusts, Sirona Care and Health. and with the Inlegraled Care Board. CfD is now a member of the BSL Alliance that works lo monitor the progress of the BSL Advisory Board which advises the government on key issues impacting BSL users and the Deaf community. The Alliance lists over SS member Ofganisalions across the UK and also promote partnership working lo collecl data on key areas such as BSL interpreters, and BSL leaching. The CfD CEO attends these meelings as CID representslive. The Trustees have had due regard lo the Charity Commissions Guidance on Public Benefit. The summary of achievements and perfom)ance below explains hoe CfD demonstrates ils Public Benefit. Projects and services for the benefrt of Deaf and hard of hearing people.. 1 Equipment Service The Equipment Service mel all the largels sel by Bristol City Council except for the number of referrals. But even though we had no manager for 8 months, our referra15 were 950h of the target. The Injstees want lo see as many deaf people as possible benefitting from the assistive technology that the Equipment Service can provide. During 2022-23, the Equipment Service received a smaller number of referrals. The Equipmenl serv Manager, Piers Kittell, therefore launched an Outreach Project. Piers worked on devdoping a stronger network of referrers and sel up presenlalions lo a number of organisalions. Induding those who provide housing for older people. These efforts resulted in a dramalic increase in the number of new ClnIS. Fortunately, vh*n Piers left, Steve Mullins, the Equipment Officer. volunteered lo lake on the addilional responsibility of making presenlalions. Sieve was supported by Daisy Williams who followed up ema11s and phone calls lo organise Sieve's visits. These were very effedive and so despite the fact that the Equipment Service had no manager in place fof much of 2023-24. the number of clients began to increase in the second half of the year and we reached 95¥0 of the 8ristol City Council largel. 2. Projects.. Bristol Impact Fund". Our Community Development Officer. Mark Gill. had a hhty productive year. Mark supported by his Project Assistant. Jo, conlintjed lo develop greater engagement with deaf people and support groups led by deaf people. The weekly Coffee Mornings for Deaf and Hard of Hearing people continued lo be well attended, with up to 39 people enjoying the opportunrty for a chal and coffee.
Centre for Deaf and Hard of Hearing People Trustees, Report (continued) Highlights included Infom)alion Sessions on topics such as Woter ID Changes- and "Mental Wellbeing and Self-care Idelivered by Sign Health.} Starting adv1sory groups, on fof Deaf and one for heaTirKJ people. These advisory groups will be a way for Deaf people lo influence CfD's strategy and for Deaf people lo let the Trustees know what you would like lo see CfD doing. The Deaf Advisory group met tmice In 2023-24 and the Hard of Heanng Group will start in July 2024. Increasing the number of Coffee Mornings fof hard of hearing people. An average of 6 people attended these session5, enjoying the opportunty lo chal in a quile space. One big success of the BIF 2 project, has been the CfD small grants scheme for group organised by local Deaf or hard of hearing people. We made grants lo'_ Sign and Sew Walking F(K)Iball 5-a-side Foolabll Deaf Netball The Bristol Deaf 50+ Grixjp Deaf Dementia Support BSL Board Games 11-a-side Football IBrislol Deaf Football Club) The Wofk of the BIF2 project has had a positive impact on CfD's profile as a small mmunIty-1ed organisalion. As well as an increase in positive engagement with deaf people and also with other partners such as community centres and organisations of disabled people. CfD's relationships with Bristol City Council and with South Gloucestershire Council have become more positive. For example, the Mayor inviteé Mark Gill lo give a presentation al the Mayorfs -Convers8tions with Community Workers and One City Partners." Feeding Bristol This short project was very successful. Deaf and hard of hearing people enjoyed 10 workshops, induding sessions by celebrity chef Yvonne Cobb and the Ywo Deaf Chef5" CfD was able lo reach out lo new deaf people of all ages. Deaf In The Covid Aftermath CfD is working In partnership with Gloucester Deaf Ass¢xiation and the Deaf Studies Trust to sel up this new project, funded by the National Lottery. Absences al the lead organisalion, GDA has meant progress is slow but interviews will start in 2024. Deaf Heritage Project CID is supporting the Deaf Studies TTUSt to catalogue the archive of material covering the history of the original Centre for Deaf People. As this project develops, CfD volunteers will be involved. CfD is a member of the newly-fomed Bristol Disability Equality Commission. The CEO attends the meetings and Is taking a lead on employment issues for disabled people. 3 Bristol Deaf Health Partnership Board". This group works lo make sure NHS and other services provide acce5s1ble services for Deaf and hard of hearing people. CfD works alOngse Ihe Sensory Impairment Team to take the lead in pushing for bellef access. 4. The on-line shop conlFnues in partnership with Sarabec.
Centre for Deaf and Hard of Hearing People Trustees. Report (continued) Financial revlew CfD's fInar¢S are healthy. During the year 202&24, all seNices and wojects ran lo budget. The Charity'5 free reserves are represented by the unreslricled fvnds. At the year end the charity's free reserves were £166.367. Restricted reseNes can be used to cover certain charitable activities as agreed with the donors of Ihe funds. At the year end the charity's restricted reserves were £191,792. The Trustees believe that we should have sufficient reserves to be able lo maintain core activities for a minimum of 18 rnonlhs and are developing a new reserves p)licy. Structure, govemance and managgment Nature of governlng documenl CFD Icenlre for the Deaf and Hard of Hearing People} is a registered Charitable Incorporated Organisalion governed by ils Conslitulion. The Charity was established in 2017. All assets and liabilities held by the Charity Icenlre for Deaf People Bristol, Registered Charity Number. 2127831 were transferred lo the Charity with an effective date of 4th December 2017 as agreed upon in the Charity's EGM. The board of Trustees comwises of a minimum of 5 and up to 12 people who are elected annually al the AGM or appointed by co-option by the elected trustees. Officers are elected al the first meeting after the AGM. A majority of the Iruslees at any tirne musl be Deaf or Hard of Hearing and musl include at least 2 people from the BSL using Deaf community. When recnjiting new trustees. the board looks for individuals wrth skills and experience that are likely lo be of value lo the organisation. If there is likely lo be support for an applicant. initial contact will be made with the individual to find oul suitability and their interest in a vacancy. after which. there is an application process. The Trustees have a duty to identrfy and review the r¢sks to whth the charity Is exposed and lo ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. Financial instruments Objéctives andpolicies The Trustees have examined the major risks lo which the charity Is exposed. and systems have been sel LJP to mitigate these r1sks. These prLKedures 11 be reviewed perboéically to make sure that they still meet the needs of the charity
Centre for Deaf and Hard of Hearing People Trustees. Report {continued) Statement of Trustoes, Rèsponslbilities The Irustees are responsible for preparing the trustees, report and the financ1 slalements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations_ The law applicable lo chaf11ies requires the Iruslees lo prepaTr financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the Incoming resources and application of resources of the charity for that period. In preparing these financial slatemenls. the Iruslees are required lo". select suiiable accounting polic$ aThJ then apply them eonsistenUy,' observe the methods and principles in the Charrties SORP". make judgements and estimates that are reasonable and prudent,. stale whether applicable accounting standard5 have been followed, subj1 lo any material departures disclosed and explained in Ihe financial slalements". and prepare Ihe financial stslemenls on the going concern basis unless il is inappropnale lo presume that the charity will continue In business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them lo ensure Ihal the financial slalemenls comply with the Charities A 2011. the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The Iruslees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Iruslees are responsible for the maintenanee and integrity of the corporate and financial information induded on the charTtable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation In other jurisdictions. The annual report was approved by the Iruslees of the Chanty on 10 January 2025 and signed on rts behaK by.. C Wickham Trustee Trustee
Centre for Deaf and Hard of Hearing People Independent Examinerfs Report to the trustees of Centre for Deaf and Hard of Hearing People I report lo the trustees on my examination of the accounts of Centre for Deaf and Hard of Hearing People for the year ended 31 March 2024. Rosponsibilities and basis of report As the charity Iruslees of Centre for Deaf and Hard of Hearing People you are responsible for the preparation of the accounts in accordance with the requ1mentS of the Charities Act 2011 I'lhe Acl'l. I report in respect of my examination of the Centre for Deaf and Hard of Hearing People's accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under seetion 1451Sllbl of the Act. Independent examiner's $tatwngnt Sinee Centre for Deaf and Hard of Hearing People's gross ineome exceeded £250.000 your examiner musl be a member of a body listed In section 145 of the 2011 Act. I confirm Ihal l am qualified to undertake the exarnination because l am a member of Association of Chartered Certrfied Accountants, which is one of the lisled I have completed my examination. I CnfIrM that no material matters have come lo my attention in connection with the examination giving me cause lo believe that In any material respect.. 1. accounting records were not kept in pect of Centre for Oeaf and Hard of Hearing People as required by section 130 of the Act. or 2. the accounts do not accofd with those records.. or 3. the accounts do not comply wth the 8eeounting requirements conceming the forni and conlenl ol accounts sel out In the Charities (Accounts and Reports) Regulations 2008 other Ihan any requirement that the accounts give a 'true and fair view which is not a matter considefed as part of an independent examination. I have no concerns and have come across no other matters in eonneclK)n with the examination lo which attention should be drawn in this retxyi in order to enable a proper understanding of the accounts lo be reached. A W Jones FCCA Association of Cha ed Certrfied Accounlanls Office 1 The Coach House 24-26 Station Road Shirehamplon 8rislol 8S11 9TX Dale.. 10 January 2025
Centre for Deaf and Hard of Hearing People Statement of Financial Activities for the Year Ended 31 March 2024 Unr•strlcted funds Restricted funds Total 2024 Nota Income and Endowments from: Donations and legactes Charitable activities Investment income 25.212 3.229 252.453 7,376 277,665 10,605 4,488 Total income 32,929 259,829 292.758 Expenditure on: Charitable activities 76.181 138.162 214.343 Total expenditure 76,181 138,162 214.343 Nel lexpendilurellincome Gross transfers befv4een funds 143.2521 14.742 121.667 14.742 78,415 Nel movement in funds (28,510} 106,925 78,415 Reconclliatlon of funds Total funds brought forward 194,877 84,867 279,744 Totsl funds carried forward 17 166.367 Unrostrict funds 191.792 Restricted funds 358,159 Total 2023 Noto InGomg and Endowmgnts frorn: DonalDns and legacies Charitable activities Investment income 41,122 121,014 6,124 162.136 7.092 1.141 1.141 Total Income 43,231 127.138 170,369 Expenditure on- Charitable acliv1ties (64.371J.- {131.8661_ (196.237) Total expenditure {64,371J.. .. (131.866) (196.237) Nel expenditure 21.140 4.728 Net movernent ln funds 121,140) 14.728) 125,8681 Reconeiliation of funds Total funds brought forward 216.017 89,594 305,611 Total funds carried forward 17 194.877 84,866 279,743 All of the charity's activities denve from continuing operations during the above W periods. The funds breakdown for 2023 is shown in note 17.
Centre for Deaf and Hard of Hearing People (Registration number: 1175054) Balance Sheet as at 31 March 2024 2024 2023 Noto Flxod assets Tangible assets Investments 5,393 7.158 12.551 5,398 5,829 11,227 12 Current assets Stocks Debtors Cash al bank and in hand 13 14 12.446 5.497 337,486 355,429 8.642 8.196 260.458 277,296 Crltors- Amounts falling duo within one year 16 9.821 Ngt current assets 345,608 268,516 Net assets 358,159 279.743 Funds of the charity: Rostrlcted incorno funds Reslricleé funds 191,792 84,867 unrestrict income funds Unreslricled funds 166,367 194,876 Total funds 17 358,159 279,743 The financial slalemenls on pages 9 to 21 were approved by the Iruslees, armfj authorised for issue on 10 January 2025 and signed on their behaff by". C Wickham Trustee Trustee io
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 1 Accounting polici Statemont of compliance The financial statements have been pad in accordance with the seCor edition of the Charities Statement of Recomrnended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kin9Jom and Republic of Ireland {FRS 1021 and the Charities Act 2011. Basis of pr•paratlon Centre for Deaf and Hard of Hearing People meets the definition of a public benefit entity under FRS 102. The accounts (financial slalemenlsl have been prepared under the historical cost convenlion with items recognised al cost or Iransaclioii value unless olhewise staled in the relevant notels110 these accounts. Going concem The Iruslees consider that there are no material uncertainties about the charity's ability lo wntinue as a wing concem. Income and endowm•nts Voluntary income including dOnatn$, gffts, legaaes and grants Ihal provide core funding or are of a general nalure is recognised when the charity has enlrtlernent lo the income, il is probable that the income will be received and the amount can be measured with sufficient reliability. Grants recelvable Grants are recognised when the eharty has an entrtlemenl lo the fijnds and any conditions linked lo the grants have been met Where performance conditions are attached lo the grant and are yel lo be mel, the income is recognised as a liability and included on the balance sheet as deferred income lo be released Investment Income Dividends are recognised once the dividend has been declared and nolrficalion has been received of the dividend due. Expendilure All expenditure is wognised once there is a legal or constructTve olgation to that expenditure, il is probable selllemenl is required and Ihe amount can be measured reliably. All costs are allocated lo the applicable expenditure heading that aggregate similar costs to that eategory. Where costs cannot be direclly attributed lo particular headings they have been allocated on a basis consislenl with Ihe use of resources, with central staff costs allocated on the basis of lime 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. Charltable actlvltles Charitable expenditure comprises those costs incurred by the charity in the ¢Jelivery of ils activities and services for its beneficiaries. 11 Includes both costs that can be allocated directly lo sueh activities and those costs of an Indirect nature necessary lo supwrt them. li
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 {continued) Grnnt pmvisions Provisions for grants are made when the intention to make a grant has been communicated lo the recipient but there is uncertainty atrf)ul either the tsming of the grant or the amount of grant payable. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consislent with the use of resources. for example. allocaling propety costs by fl¢xJr areas, or per capila, staff costs by the time spent and other costs by their usage. Govornancè costs These include the costs attn"bulable lo the chartty's compliance with conslitulional and stalulory requirements, including audit. strategic management and InJslees meetings and reimbursed expenses. Gov•mm¢nt grants Government granls are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are dassified as relating either lo revenue or lo assets. Grants relating lo revenue are recognised In inrne over the period in which the related costs are recognised. Granls relating to assets are recognised over the expected useful lrfe of the asset. Where part of a grant relating lo an assel Is deferred, Il is recc*3nised as deferred income. Taxation The charity is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and Iherefore il meets the definition of a eharrtable company for UK corporation lax purposes. Accordingly. the charity is potentially exempt from taxaln in respect of Income or capital gains received within categories covered by Chapter 3 Part 11 of Ihe Corporation Tax Act 2010 or Section 256 of the Taxalion of Chargeable Gains Act 1992. to the extent that such Income or gains are applied exclusively to charitable wrposes. Tangiblg fixed asset$ Individual fixed assets costing £0.00 or more are initially recorded al cost. less any subsequent accumulated depreciation and subsequent accumulated impaimienl losses. Depreciation and amortisation Depreciation is provided on langitAe fixed assets so as lo wnte off the cost or valuation, less any eslimaled residual value. over Iheir expected useful econom lrfe as follows.. Fixed assel investments Fixed asset investments. other than yogr8mme related investments, are included al market value al the balance sheel dale. Realised gains and losses on investments are calculated as the difference beeen sales proceeds and their markel value al the start of the year. or their subsequent cost. and are charged or credited to Ihe Statement of Financial Activities in the period of disposal. Unrealised gains and losses represent the movement in market values during the year and are credited or charged lo the Statement of Financial Activities based on the rnarket value at the year end. 12
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 {continued) Stock Stock Is valued al the lower of cost and eslimaled selling price less costs lo complete and sell, after due regard for obsolete and slow moving stocks. Cost is delemiined using the firsl-in, firsl-out IFIFOI. Trade debtors Trade debtors are amounts due from customers merchandise sold or services wrformed in the ordinary eourse of business. Trade debtors are recognised Ini118lly at the transaction pnee. They are subsequently measured al amortised cost using the effective inlefesl method. less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Charity will not be able to collect all amounts due aecording lo the original terms of the receivables_ Cash and cash equivalonts Cash and cash eq4Jivalenls comprise cash on hand arKI call deFK)sits, and other short-lerm highly liquid investments that are readily conVertie to a known amount of cash and are subject lo an insignificant risk of change in value. Tradg creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classrfied as current liabilrties if the does nol have an unconditional right, al the end of the reporting per, lo defer sewemenl of the creditor for al least elve months after the reporting dale. If there is an unconditional right lo defer setfjemenl for al least elve months after the reporting dale. they are presented as non<urrenl liabilities. are recogni$ed initially al the IransaclK)n price and subsequenlly measured at amortised cost using Ihe effective interest method. Borrowings Interesl-bearing borrowings are inilially recorded al fair value. nel of transaelion costs. Interest- bearing borrowings are subsequently carried at amortised cost. with the difference between the priKeeds, nel of transaction costs. and the amount due on redemption being recognised as a charge lo the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and Is included in interest payable and similar charges. Borrowings are dassified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for al least e1ve months after the reporting date. Fund structure Unreslricled income funds are general funds that are aVailae for use al the Iruslees discretion in furtherance of the objectives of the charity. DeSnated furKls are unreslricled funds sel aside for specrfic purposes al the discretion of the Iruslees. 13
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) Reslricled income funds are those donated for use in a particular area or for specrfic purposes, the use of which is restricted to that area or purpose. 2 Income from donations and legacies Unrestricted funds General Restricted funds Total funds Grants, induding capitsl grants- Government grants Grants from other charTties Regular giving and capilal donations 227,403 25,000 227.403 48.404 1,858 23.404 1.808 Total for 2024 25.212 252,453 277,665 Totsl for 2023 41,122 121,014 162,136 3 Income from charltabl• activities Unr•strict•d funds General Rostrided funds Total 2024 Total 2023 Equipment sales Training Courses 3,229 7,376 10,605 4,092 3,000 7,092 3,229 7.376 10,605 4 Invostrnont income Unrostricted funds G•nefal Total funds Interest receivable and similar income.. Interest receivable on bank deposits Other Investment Income 42 4,446 42 4,446 Total for 2024 4,488 4,488 Total for 2023 1,141 1,141 14
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 5 Expendlture on charilable activities Unrgstrict•d funds Ganaral Restricted funds Total 2024 Not• Grant funding of activities Staff costs Allocated suPrt costs Governance ¢osl$ 9.081 50.121 15.908 1,071 76.181 473 92.902 43.716 1,071 138,162 9.554 143.023 59,624 2.142 214,343 Unrestrictgd funds General Restricted funds Total 2023 Noto Staff costs Allocated support costs Governance costs 47,096 16,765 510 64,371 92,683 37.653 1.530 131.866 139,779 54.418 2.040 196.237 15
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 6 Analysis of govornan¢• and support costs Charitable activilies expenditurg Unrestricted funds General Restrictod funds Total 2024 Assistive technology for dienls Office expenses Gainlloss on investment value 9.156 9.156 51,797 17.237 1,329 15.908 43,716 59,624 Unrestrictgd funds Ggngral Restricted funds Total 2023 Assistive technology for clients Office expenses Gainlloss on investment value 17,042 20,612 17.042 37,796 (419) 54.419 17.184 {419) 16.765 37,654 Unrestricted funds Goneral Governanco Costs Rgstrirtgd funds Total 2024 Independent examiner fees Examination of the financial slalemenls 1,071 1.071 1,071 1.071 2,142 2,142 Unrestricted funds General Restrict funds Total 2023 Independenl examiner lees Examination of the financial slalemenls 510 510 1530 1530 2040 2040 16
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 7 TrustO0$ remuneration and expenses During the year the charity made the follong transactions With tnjstees.. C Wickham During the year. C Wiekham received consultancy fees of £Nil 12023 £8401 In respect of her Tole as the charity's inlerim CEO together with expenses reimbursed of £Nil12023 £1271. No trustees have received any other benefrts from the chanty during the year. 8 Staff costs The aggregate payroll costs were as follows.. 2024 2023 Staff costs durlng the year wer•- Wages and salaries 143.023 139,779 The monthly average number of persons {ilUding senior management I leadership leaml employed by the charity during the year expressed as lull lime equwalents was as follows.. 2024 No 2023 Employee No employee receNed emoluments of more than £60.0(Kl during the year 9 Independent examinerfs remuneration 2024 2023 Examination of the financial statements 2,142 2,040 17
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) l O Taxation The charity 15 a registered charity and is therefore exempl from taxation. 11 Tangibl• fixod assets Furniture and •quipment Total Cost Al 1 April 2023 Additions 16,936 1,993 16,936 1,993 Al 31 March 2024 18.929 18,929 Deprgciation Ai 1 April 2023 Charge for the year 11.538 1,998 11,538 1,998 Al 31 March 2024 13,536 13,536 Net b¢)ok valu8 Al 31 March 2024 5.393 5,393 Al 31 March 2023 5,398 5,398 12 Fix•d asset invgstrnents 2024 2023 Other investments 7,158 5,829 18
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued> Othor invgstmonts Llsted investments Tolal Cost or Valuation At 1 April 2023 Revaluation 5.829 1,329 5,829 1,329 Al 31 March 2024 7,158 7,1S8 Net book value At 31 March 2024 7,158 7,158 Al 31 March 2023 5,829 5,829 13 StoGk 2024 2023 Stocks 12.446 8.642 14 Debtors 2024 2023 Trade debtors Other debtors 1.347 4.150 5,497 2.134 6.062 8,196 15 Cash and cash equivalents 2024 2023 Cash al bank 337,486 260,458 16 Creditors: amounts falllng due withln one year 2024 2023 Trade creditors Other laxalion and social security Other creditors Accruals 4,245 2.612 123 1,800 8.780 3.258 75 1.800 9.821 19
Centre for Deaf and Hard of Hearing People Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 17 Funds 8alance at 1 Incoming Resources April 2023 resourcgs expended 8alance at 31 March 2024 Transfers Unr•strict8d funds General General fund 181.091 32.930 176.180) 14,741 152,582 Designated Redundancy fund Capital equipment 10.000 3.785 13.785 10,000 3,785 13,785 Total unrestricted funds 194,876 32,930 76.180 14,741 166,367 Re8trlcted funds 8rislol City Courril UWE Deaf Signing Voice & Influenee Bristol Join up Covid 19 Response DPO Covid BIF2 Deaf Quiz Ukraine Warm Welcome Space Coffee Morning Community Hub Connecting Communities Deaf Arts Group Aerobic Swimming 28,289 2,995 6,892 10.403 8.075 12.6991 26.266 145 4,501 115,$ 570 {77.4851 66.394 3,56S 16,8921 110,4031 5,180 1231 13,232 2,699 63.438 157,CQ8) 32,696 11451 18351 I6)) 16901 25,000 50.000 {1,2041 1867) 25.0 11.2541 (867) Total restricted funds 84.867 259,828 {138,162 14,741 191,792 Total funds 279 743 Balance at 1 April 2022 292,758 214,342 Incoming Resources resources expended 358,159 Balance at 31 March 2023 Unrestrictod funds General General fund 202,232 43,231 164.372} 181,091 20
Centre for Deaf and Hard of Hearing People Notes to the Financial SLitements for the Year Ended 31 March 2024 (continued) Balance at 1 April 2022 Incoming re30urc•s Resources expended Balance at 31 March 2023 Designated Redundancy fund Capital equipment 10.000 3,785 13.785 10,000 3,785 13,785 Total unrestricted funds 216.017 43,231 (64,3721 194,876 Restrleted Bristol City Council UWE Deaf Signing Voice & Influence Bristol Join up Covid 19 Response DPO Covid BIF2 Deaf Quiz Ukraine Warm Welcome Space 47,088 70,663 3,000 {89,4621 151 28,289 2,995 6,892 10,403 8.07S 12.699 26.266 145 4,501 6,892 10.403 8.133 {2.4681 19,546 1581 12311 141,1901 14251 -£4951 47.910 570 4.996 Total r•stri¢tod funds 89.594 127,139 (131.866 84,867 Total funds 305.611 170,370 196.238 279.743 18 Analysis of not assets betrw•en funds Unr8strictod funds General Total funds at 31 March 2024 Restricted funds Tangible fixed assets Fixed asset investments Current assets Current liabilities 1,780 7.158 161.579 (4.150 3,613 5.393 7.158 355.429 193.850 £5,671}_ 191,792 Total nel assets 166.367 Unrestricted funds General 358.159 Total funds at 31 March 2023 Rostrictod funds TarwJible fixed assets Fixed asset investments Current assets CurTenl liabilities 2.475 5.829 19J,167 13.595L.- 2.924 5.399 5.829 277,294 -18.779) 87,127 Total nel assets 194,876 84,867 279.743 21