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2021-12-31-accounts

DocuSign Envelope ID: F9140D77-EC91-4A42-BED4-F633DEB48B5A

Registered Charity No. 1190885

DEAF UNITY

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021

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DEAF UNITY FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 CONTENTS

Page
Charity information 1
Report of the Trustees 2 - 4
Independent Examiner's report 5
Receipts and Payments Account 6
Statement of Assets and Liabilities 7
Accounting policies 8
Notes to the financial statements 9 - 10

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DEAF UNITY

Page 1

FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 CHARITY INFORMATION

Head Office Office 75652
PO Box 6945
London
W1A 6US
Registered Charity Number 1190885
Trustees Alexandra Ruth Marchesi (appointed 8 September 2020)
Stephen William Spencer Norton (appointed 17 August 2020)
Paul Ntulila (appointed 17 August 2020)
Bankers HSBC
21 King's Mall
King Street
London
W6 0QE
Independent Examiner Griffin Stone Moscrop & Co
Chartered Accountants
21-27 Lamb's Conduit Street
London
WC1N 3GS

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DEAF UNITY FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 REPORT OF THE TRUSTEES

Page 2

The trustees present their Annual Report and the Financial Statements of the Charity for the period ended 31 December 2021.

1. Constitution

The constitution was adopted on 10 August 2020.

2. Objectives

  1. To develop the capacity and skills of the members of the socially disadvantaged community of dead and hard of hearing people across England and Wales in such a way they are better able to identify, and help meet, their needs and to participate more fully in society;

  2. The promotion of equality and diversity for the public benefit by working towards the elimination of discrimination on the grounds of disability and by fostering understanding between the deaf community and wider society; and

  3. The promotion of the social inclusion among deaf and hard of hearing people who are socially excluded from society, or parts of society, as a result of being deaf by:

a) providing education and information to support and enable deaf parents to maximise educational opportunities for their children and themselves;

b) raising public awareness of the issues affecting deaf parents and their children, both generally and in relation to their social exclusion;

c) providing other general support including access to translators and interpreters.

3. Organisational structure

The charity governing document stipulates that an executive committee of not less than three members who will meet twice a year with additional meetings when called.

4. Trustees

Those who served during the period were as follows: -

Alexandra Ruth Marchesi (appointed 8 September 2020) Stephen William Spencer Norton (appointed 17 August 2020) Paul Ntulila (appointed 17 August 2020)

Trustees are recruited by resolution passed at a properly convened meeting of the charity trustees. Trustees are provided with appropriate training to undertake the role.

5. Review of activities

The period of 2020-2021 has been fantastic for the charity, with a renewed focus on our core activities and an emphasis on co-production and stakeholder engagement. We successfully pivoted to online delivery of courses, which was our main income generator, as well as transitioning our job advert offering from a free service, to a paid one. This has resulted in some expenditure around strengthening our digital infrastructure to automate processes. We have taken on a development officer who is tasked with devising projects, supporting the charity to become funding ready and applying for funding. We have successfully won funding for a 24-month direct s ervice to increase confidence, skills and knowledge in the deaf people through meting for social time and themed presentations. This adds to our funding from the Churchill Fellow for a one year employability project. We plan to build on our IAG offering in the next period, with new funding applications and an expansion of the support we can give to the Community.

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FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 REPORT OF THE TRUSTEES

6. Public Benefit

The trustees believe that the objectives and activities set out above provide public benefit.

7. Reserve policy

Reserve: £10,850

This was calculated as funds required to maintain sufficient levels of reserves to enable normal operating activities to continue over a period of at least 6 months should a shortfall in income occur and to take account of potential risk and contingencies that may arise. This covers our financial commitments to infrastructure (licences and website hosting, etc), as well as core staffing (CEO and Development Officer).

8. Trustees' responsibilities statement

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales 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 incoming resources and application of resources of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They 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.

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DEAF UNITY FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 REPORT OF THE TRUSTEES

Page 4

9. Independent examiner

The firm appointed to carry out the independent examination was Griffin Stone Moscrop & Co.

Signed on behalf of the trustees

Stephen William Spencer Norton, Trustee

Date: 16 March 2022

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DEAF UNITY

Page 5

FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021

Independent Examiner's Report to the Trustees of Deaf Unity

I report to the charity trustees on my examination of the accounts of the charity for the period ended 31 December 2021 which are set out on pages 6 to 10.

Responsibilities and basis of report

As the charity’s trustees 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 charity’s accounts carried out under section 145 of the 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 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 charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

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.

Reema Mistry ACA

Griffin Stone Moscrop & Co 21-27 Lambs Conduit Street London WC1N 3GS

Date: 16 March 2022

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DEAF UNITY FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 RECEIPTS AND PAYMENTS ACCOUNT

Page 6

Period ended 31 December 2021

Funds
Receipts
Courses
Donations & Sponsorship (Note 2 (1))
Adverts
Interpreting
Total receipts
Payments
Staff costs
Tutors
Venue hire
Consultancy & professional fees
Website development
Exam board certification
Office expenses
Accounting & legal
Total payments
Asset purchases
Computer equipment
Net receipts / (payments) in the year
Cash funds brought forward
Cash funds this period end
Unrestricted
£
38,910
16,955
4,263
190
60,318
5,610
9,955
750
3,145
3,105
3,615
917
1,635
28,732
721
721
30,865
-
30,865
Restricted
£
-
16,050
-
-
16,050
8,000
-
-
1,957
-
-
-
-
9,957
-
-
6,093
-
6,093
Total
£
38,910
33,005
4,263
190
76,368
13,610
9,955
750
5,102
3,105
3,615
917
1,635
38,689
721
721
36,958
-
36,958

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FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 STATEMENT OF ASSETS AND LIABILITIES

31 August 2021
£
Monetary Assets
Cash funds
HSBC
36,958
Savings account
-
36,958
Assets retained for the charity’s own use
Fixed assets
Computer equipment (note 3)
540
540
Non Monetary Assets
Assets
Debtors (note 4)
1,020
1,020
Liabilities
Creditor (note 5)
750
Accruals (note 6)
1,610
2,360
31 August 2021
£
Monetary Assets
Cash funds
HSBC
36,958
Savings account
-
36,958
Assets retained for the charity’s own use
Fixed assets
Computer equipment (note 3)
540
540
Non Monetary Assets
Assets
Debtors (note 4)
1,020
1,020
Liabilities
Creditor (note 5)
750
Accruals (note 6)
1,610
2,360
36,958
540
540
1,020
1,020
750
1,610
2,360

Approved by the trustees on 16 March 2022 and signed on its behalf by:

Stephen William Spencer Norton, Trustee

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FOR THE PERIOD ENDED 31 AUGUST 2021 NOTES TO THE ACCOUNTS

1 Accounting policies

1.1 Basis of accounting

The Financial Statements have been prepared on a receipts and payments basis in accordance with Section 133 of the Charities Act 2011.

1.2 Incoming resources

Income is recognised when received by or on behalf of the charity.

1.3 Grants and donations

Grants and donations are only included in the Receipts and Payments account when the charity has received them.

1.4 Resources used

Expenditure is recognised in the period in which it is incurred and allocated to the appropriate category. Expenditure includes irrecoverable VAT.

1.5 Debtors

Debtors are recognised at the settlement amount.

1.6 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Provisions are measured at the best estimate of the amounts required to settle the obligation.

1.7 Funds

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

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FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 NOTES TO THE ACCOUNTS

2 Statement of funds

Unrestricted funds
Designated funds(5)
Projects
Staffing
Operations
General Funds (1)
Restricted funds
Somalia funding (1, 2)
The Deaf Futures (3)
The Churchill (4)
Total of funds
Balance at
17 August
2020
Income
Expenditure
Transfer
in/(out)
between
funds
£
£
£
16,470
8,910
2,000
- 60,318
(£29,453)
(£27,380)
Balance at
31 December
2021
£
16,470
8,910
2,000
£3,485



- 60,318 - 29,453 -
- 4,800 -
- 1,250
(£757)
- 10,000
(£9,200)
30,865
4,800
493
800
- 16,050
(£9,957) -
6,093
- 76,368 - 39,410 - 36,958

(1)

Deaf Unity registered as a charitable incorporated organisation (CIO) on 17 August 2020. All funds accumulated up until that date were donated to the CIO on incorporation (£16,610 unrestricted funds and £4,800 restricted funds).

(2)

In 2013, the Somali community in Shepherds bush fundraised £4,800. This is a reserved pot of money to be spent only on project(s) in Somalia for the benefit of deaf people.

(3)

The Deaf Futures fund represents funding received for the purpose of creating a digital series and paying speakers and access requirements.

(4)

The Churchill fund represents funding received for an employability project.

(5)

During the year the Trustees transferred £27,380 from unrestricted to designated funds to cover expenditure for the following areas:

Projects: funds set aside to cover projects relating to consultations, online courses, dictionary. Staffing: funds set aside to cover various staffing roles including Administrator, project manager, CEO, writers, development officer and interpreters.

Operations: funds set aside to cover costs of training.

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DEAF UNITY

FOR THE PERIOD 17 AUGUST 2020 - 31 DECEMBER 2021 NOTES TO THE ACCOUNTS

3
4
5
6
Fixed assets
Cost
Balance brought forward at 17 August 2020
Additions
Disposals
Balance carried forwatd at 31 December 2021
Depreciation
Balance brought forward at 17 August 2020
Charge for the year
Disposals
Balance carried forwatd at 31 December 2021
Net Book Value
As at 31 December 2021
Debtors
Course fees
Job adverts
Hall hire prepaid
Creditors
Trade creditors
Acruals
Accountancy fee
Consultancy fee
Computer
Equipment
-
721
-
721
-
181
-
181
540
2021
620
50
350
1,020
2021
750
750
2021
1,560
50
1,610
Total
-
721
-
721
-
181
-
181
540

7 Trustees

During the period, no trustees received any remuneration or other benefits.

During the period, no expenses were reimbursed or paid directly to trustees.