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<br>TRUSTEES’ANNUAL REPORT<br>INDEPENDENT EXAMINER’S REPORT<br>STATEMENT OF FINANCIAL ACTIVITIES<br>BALANCE SHEET<br>NOTES TO THE FINANCIAL STATEMENTS|PAGE<br>1<br>2<br>3<br>4<br>5<br>6|
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|Principal Address:<br>Trustees:<br>Bankers:<br>Independent Examiners:|BRITISH COCHLEAR IMPLANT GROUP<br>Registered Charity Number 1182494<br>Yorkshire Auditory Implant Service<br>Listening for Life Centre<br>Bradford Royal Infirmary<br>Duckworth Lane<br>Bradford<br>BD9 6RJ<br>Katherine Wilson<br>Professor Dan Jiang<br>Una Martinez de Estibariz<br>Professor Iain Bruce<br>Professor Helen Elizabeth Cullington<br>Professor Manohar Bance<br>Helen Peebles<br>Dr Martin O’Driscoll<br>Lloyds Bank<br>Chelmsford Legg St Osc<br>1 Legg Street<br>Chelmsford<br>Essex<br>CM1 1JS<br>Foster & Co Ltd<br>Unit 16 Eastway Business Village<br>Olivers Place<br>Fulwood<br>Preston<br>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: 

- select suitable accounting policies and then apply them consistently. 

- make judgements and estimates that are reasonable and prudent. 

- state whether the policies are in accordance with applicable accounting standards. 

- 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. 


………………………………………. 

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: 

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 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 

|<br>Incoming Resources<br>Notes<br>2021<br>Income:-<br>2<br>Subscriptions<br>27220<br>Sponsorship Income<br>-<br>Advertising Income<br>150<br>Investment Income:-<br>Bank Interest<br>4<br>_____<br>Total Incoming Resources<br>27374<br>_____<br>Resources Expended<br>Direct Charitable Expenditure:-<br>Subscription to Professional Journal<br>14295<br>Travel Expenses<br>154<br>Telephone & Internet<br>-<br>Insurance<br>162<br>Website & IT Support Fees<br>1157<br>Paypal Fees<br>509<br>Legal Fees<br>-<br>Sundries<br>-<br>_____<br>16277<br>_____<br>Management and Administration of the Charity<br>Accountancy<br>330<br>_____<br>Total Resources Expended<br>16607<br>_____<br>Net Trading Resources<br>10767<br>Fund Balance Brought Forward<br>152659<br>_____<br>Fund Balance Carried Forward<br>163426<br>**_____**|Unrestricted<br>2020<br>£<br>26792<br>3000<br>150<br>7<br>_____<br>29949<br>_____<br>16109<br>724<br>135<br>44<br>505<br>497<br>1568<br>56<br>_____<br>19638<br>**_____**<br>312<br>_____<br>19950<br>**_____**<br>9999<br>142660<br>_____<br>152659<br>**______**|
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## BRITISH COCHLEAR IMPLANT GROUP 

## BALANCE SHEET AT 5 APRIL 2021 

|Current Assets<br>Cash at Bank<br>- Treasurers Account<br>- Business Account<br>- Paypal Account<br>Current Liabilities<br>Creditors<br>Net Current Assets and<br>Net Assets<br>Funds<br>Income Funds – Unrestricted|Note<br>£<br>146889<br>14545<br>2634<br>_______<br>164068<br>_______<br>3<br>642<br>_______|2021<br>£<br>£<br>135758<br>14456<br>2757<br>_______<br>152971<br>_______<br>312<br>_______<br>163426<br>**_______**<br>163426<br>**_______**|2020<br> <br> <br> <br> <br> <br> <br> <br>|£<br>152659<br>**______**<br>152659<br>**______**|
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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. 

|2.<br>3.<br>|INCOMING RESOURCES<br> <br>Subscriptions<br>Sponsorship Income<br>Advertising Income<br>CREDITORS:Amounts Falling Due Within One Year<br> <br>Accruals|<br>_<br>**_**|2021<br> <br>£<br>27220<br>-<br>150<br>_____<br>27370<br>**_____**<br>2021<br>£<br>642<br>_____<br>642<br>**_____**|2021<br> <br>£<br>27220<br>-<br>150<br>_____<br>27370<br>**_____**<br>2021<br>£<br>642<br>_____<br>642<br>**_____**|
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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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