COMPANY NO. CE016840
BRITISH COCHLEAR IMPLANT GROUP CIO
STATEMENT OF ACCOUNTS
FOR THE PERIOD YEAR ENDED 5 APRIL 2021
CHARITY NO 1182494
FOSTER & CO LTD CHARTERED ACCOUNTANTS PRESTON
BRITISH COCHLEAR IMPLANT GROUP
CONTENTS
| TRUSTEES AND ADVISERS TRUSTEES’ANNUAL REPORT INDEPENDENT EXAMINER’S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS |
PAGE 1 2 3 4 5 6 |
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| Principal Address: Trustees: Bankers: Independent Examiners: |
BRITISH COCHLEAR IMPLANT GROUP Registered Charity Number 1182494 Yorkshire Auditory Implant Service Listening for Life Centre Bradford Royal Infirmary Duckworth Lane Bradford BD9 6RJ Katherine Wilson Professor Dan Jiang Una Martinez de Estibariz Professor Iain Bruce Professor Helen Elizabeth Cullington Professor Manohar Bance Helen Peebles Dr Martin O’Driscoll Lloyds Bank Chelmsford Legg St Osc 1 Legg Street Chelmsford Essex CM1 1JS Foster & Co Ltd Unit 16 Eastway Business Village Olivers Place Fulwood Preston PR2 9WT |
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BRITISH COCHLEAR IMPLANT GROUP
TRUSTEES’ ANNUAL REPORT
The Trustees present their Report and the Financial Statements for the period ended 5 April 2021.
Trustees & Advisers
These are shown on page 1.
Charitable Objects
For the public benefit to advance knowledge, best practice and awareness in the field of hearing implantation, in particular through the dissemination of cochlear implant research to health professionals and information to the public in order to improve hearing, communication and quality of life of hearing-impaired people and their families.
Summary of Results
The results for the year are shown on page 4.
The Trustees are satisfied with the state of the Trust’s affairs.
Presentation of the Accounts
The Trustees have adopted the requirements of the Statement of Recommended Practice Accounting by Charities for the current year.
Statement of Trustees’ Responsibilities
Charity 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 Charity and of the statement of financial activities for that period. In preparing those Financial Statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently.
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make judgements and estimates that are reasonable and prudent.
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state whether the policies are in accordance with applicable accounting standards.
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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 proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial Statements comply with the Charities Act 2011. They are also responsible for safeguarding the asset of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Professor Dan Jiang - Treasurer
27 January 2022
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BRITISH COCHLEAR IMPLANT GROUP
I report to the trustees on my examination of the accounts of British Cochlear Implant Group for the period ended 5 April 2021.
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’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I can 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:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the 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 part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Neil W Atkin FCA Foster & Co Ltd Unit 16 Eastway Business Village Olivers Place Fulwood Preston PR2 9WT
27 January 2022
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BRITISH COCHLEAR IMPLANT GROUP
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 5 APRIL 2021
Incoming Resources Notes 2021 Income:- 2 Subscriptions 27220 Sponsorship Income - Advertising Income 150 Investment Income:- Bank Interest 4 _ Total Incoming Resources 27374 Resources Expended Direct Charitable Expenditure:- Subscription to Professional Journal 14295 Travel Expenses 154 Telephone & Internet - Insurance 162 Website & IT Support Fees 1157 Paypal Fees 509 Legal Fees - Sundries - 16277 _ Management and Administration of the Charity Accountancy 330 Total Resources Expended 16607 Net Trading Resources 10767 Fund Balance Brought Forward 152659 _____ Fund Balance Carried Forward 163426 _____ |
Unrestricted 2020 £ 26792 3000 150 7 _ 29949 16109 724 135 44 505 497 1568 56 __ 19638 _____ 312 _ 19950 _____ 9999 142660 ___ 152659 ______ |
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BRITISH COCHLEAR IMPLANT GROUP
BALANCE SHEET AT 5 APRIL 2021
| Current Assets Cash at Bank - Treasurers Account - Business Account - Paypal Account Current Liabilities Creditors Net Current Assets and Net Assets Funds Income Funds – Unrestricted |
Note £ 146889 14545 2634 _ 164068 _ 3 642 _ |
2021 £ £ 135758 14456 2757 _ 152971 _ 312 _ 163426 _ 163426 _ |
2020 |
£ 152659 ______ 152659 ______ |
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Approved on behalf of the Trustees
……………………………………………. PROFESSOR DAN JIANG Date 27 January 2022
The notes on page 6 form part of the accounts.
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BRITISH COCHLEAR IMPLANT GROUP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
1. ACCOUNTING POLICIES
(a) Basis of Accounting
- These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005), Accounting Standards and with the Charities Act.
The following accounting policies have been applied consistently throughout the year.
(b) Income
- Income is accounted for on an accruals basis.
(c) Expenditure
- Expenditure is recognised on an accruals basis.
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INCOMING RESOURCES Subscriptions Sponsorship Income Advertising Income CREDITORS:Amounts Falling Due Within One Year Accruals |
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2021 £ 27220 - 150 _ 27370 _____ 2021 £ 642 ___ 642 _____ |
2021 £ 27220 - 150 _ 27370 _____ 2021 £ 642 ___ 642 _____ |
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4. TRUSTEES’ REMUNERATION
No remuneration directly or indirectly out of the funds of the Charity was paid or payable for the year to any Trustee or to any person or persons known to be connected with any of them.
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