REGISTERED CHARITY NUMBER: 1195127
Report of the Trustees and Financial Statements for the Year Ended 30 September 2022
for
Braille IT CIO
Bennett Kirkhope Smith Chartered Certified Accountants Suites 5 & 6 The Printworks Hey Road Barrow Clitheroe Lancashire BB7 9WB
Braille IT CIO
Contents of the Financial Statements for the Year Ended 30 September 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Receipts and Payments Account | 5 |
| Statement of Assets and Liabilities | 6 |
| Notes to the Financial Statements | 7 to 10 |
| Detailed Receipts and Payments Account | 11 |
Braille IT CIO
Report of the Trustees for the Year Ended 30 September 2022
The trustees present their report with the financial statements of the charity for the year ended 30 September 2022. 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
The objects and aims of the charity are:
To advance the education of members of the visually impaired community, their families, carers and others interested in the understanding of visual impairment through:
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The provision of educational and training facilities for adults.
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The area covered by the Association shall be in East Lancashire and surrounding area.
Public benefit
In setting our objectives and reviewing our activities to ensure they continue to reflect the charities aims we have given careful consideration to the Charity Commission's public benefit guidance.
Our objectives and aims benefit the public and local community by enhancing the lives of anyone affected by visual impairments. This is done by providing education and equipment to group attendees at four centres in East Lancashire, which promote leaning, support and engagement with others to assist their general health and mental wellbeing.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Resuming of classes after Covid 19 has been slow but steady, interrupted several times due to restrictions and lockdowns. We had a temporary move to Padiham Town Hall, this worked well and new learners were attending, these learners have now transferred to Burnley Library.
We have been successful with funding from numerous organisations to support the purchase of new equipment, a visual assistant, stationary, accreditation, insurance, DBS, distance learning materials, additional home office equipment and recently a grant for a successful theatre trip to Bradford.
Burnley Lions had a VISION DAY - Braille IT joined many groups for the day. Letting visitors know what the group had to offer. Braille IT have made good links with ELVIN, CVS (Burnley), welfare rights, safeguarding, children's services, RVVIG, sliding doors, Blackburn Mill Hill Community Centre and Guide Dogs.
We are being promoted on the Clitheroe's Library website at and Accrington Blind Society website.
FINANCIAL REVIEW
Principal funding sources
The organisation's main source of funding is from the application for grants from local councils and various charitable funds. In the year a total of £59,280 was received, including £34,572 in grants, £24,264 from the previous charity Braille IT and £444 in donations from individuals.
In accordance with the charitable objectives of the organisation, £6,597 of new equipment has been purchased for use in classes and for lending to our learners, and a theatre trip was organised costing £797. Costs for session workers, travel and session expenses totalled £22,128, with general governance and support costs of £1,587.
Income and costs have lead to a surplus of £28,171 for the year, which are held in reserves for future expenditure.
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Braille IT CIO
Report of the Trustees for the Year Ended 30 September 2022
FINANCIAL REVIEW
Reserves policy
The trustees have reviewed the reserves of the charity. Their policy is to hold sufficient funds to meet at least twelve months operating costs, as well as to accumulate reserves for future expenditure within the aims and objectives of the charity.
Total funds of £28,891 are held in the organisation's bank account at the year end. This is made up of £3,047 unrestricted funds and £25,844 in restricted funds provided from grant income.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Braille IT is a Charitable Incorporated Organisation, registered charity; No. 1195127 (England & Wales).
The organisation is governed by a Constitution of a Charitable Incorporated Organisation with voting members other than its charity trustees, dated 21st January 2021.
Recruitment and appointment of new trustees
There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.
The maximum number of charity trustees is twelve. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.
Appointment of charity trustees
(1) At the first annual general meeting of the members of the CIO all the charity trustees shall retire from office.
(2) At every [subsequent] annual general meeting of the members of the CIO, one-third of the charity trustees shall retire from office. If the number of charity trustees is not three or a multiple of three, then the number nearest to one third shall retire from office, but if there is only one charity trustee, he or she shall retire;
(3) The charity trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment. If any trustees were last appointed or reappointed on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot;
(4) The vacancies so arising may be filled by the decision of the members at the annual general meeting; any vacancies not filled at the annual general meeting may be filled as provided in sub-clause (5) of this clause;
(5) The members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed in accordance with clause [15] (Retirement and removal of charity trustees), or as an additional charity trustee, provided that the limit specified in clause [12(3)] on the number of charity trustees would not as a result be exceeded;
(6) A person so appointed by the members of the CIO shall retire in accordance with the provisions of sub-clauses (2) and (3) of this clause. A person so appointed by the charity trustees shall retire at the conclusion of the next annual general meeting after the date of his or her appointment, and shall not be counted for the purpose of determining which of the charity trustees is to retire by rotation at that meeting.
Reappointment of charity trustees
Any person who retires as a charity trustee by rotation or by giving notice to the CIO is eligible for reappointment. A charity trustee who has served for three consecutive terms may not be reappointed for a fourth consecutive term but may be reappointed after an interval of at least three years.
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Braille IT CIO
Report of the Trustees for the Year Ended 30 September 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure
Any charity trustee may call a meeting of the charity trustees.
Subject to that, the charity trustees shall decide how their meetings are to be called, and what notice is required.
No decision shall be taken at a meeting unless a quorum is present at the time when the decision is taken. Questions arising at a meeting shall be decided by a majority of those eligible to vote. In the case of an equality of votes, the chair shall have a second or casting vote.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1195127
Principal address
30 Cringle Way Clitheroe Lancashire BB7 2ES
Trustees
M J Kilmister D Buller C Tattersall
Independent Examiner
Bennett Kirkhope Smith Chartered Certified Accountants Suites 5 & 6 The Printworks Hey Road Barrow Clitheroe Lancashire BB7 9WB
Approved by order of the board of trustees on 27[th] July 2023 and signed on its behalf by:
................................................................. C Tattersall - Trustee
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Independent Examiner's Report to the Trustees of Braille IT CIO
Independent examiner's report to the trustees of Braille IT CIO
I report to the charity trustees on my examination of the accounts of Braille IT CIO (the Trust) for the year ended 30 September 2022.
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 Act and in carrying out my examination I have followed all 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:
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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.
Mrs A M Smith FCCA
The Association of Chartered Certified Accountants
Bennett Kirkhope Smith Chartered Certified Accountants Suites 5 & 6 The Printworks Hey Road Barrow Clitheroe Lancashire BB7 9WB
Date: 27[th] July 2023
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Braille IT CIO
Receipts and Payments Account for the Year Ended 30 September 2022
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 3,200 56,080 EXPENDITURE ON Raising funds 2 153 37 Charitable activities Advance the education of members of the visually impaired community - 29,521 Other - 678 Total 153 30,236 NET INCOME 3,047 25,844 TOTAL FUNDS CARRIED FORWARD 3,047 25,844 |
Total funds £ 59,280 190 29,521 678 30,389 28,891 28,891 |
|---|---|
The notes form part of these financial statements
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Braille IT CIO
Statement of Assets and Liabilities 30 September 2022
| CASH FUNDS Cash at bank LIABILITIES Accruals ASSETS Retained for own use - equipment |
Total Funds £ 28,891 (720) 6,597 34,768 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 27[th] July 2023 and were signed on its behalf by:
............................................. C Tattersall - Trustee
............................................. D Buller - Trustee
The notes form part of these financial statements
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Braille IT CIO
Notes to the Financial Statements for the Year Ended 30 September 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity are prepared on a receipts and payments basis.
Braille IT charity number 1195127 was registered on 9th July 2021 and received the entire funds of Braille IT charity number 1117214 on 31st May 2022.
In accordance with guidance from the Charities Commission, receipts and payments reported in this period include all those for the period covering 1st October 2021 to 30th September 2022.
Income
Income is recognised when it is received.
Expenditure
Expenditure is recognised when it is paid.
Taxation
The charity is exempt from tax on 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 particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. RAISING FUNDS
Raising donations and legacies
Support costs
£ 190
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2022.
Trustees' expenses
The charity reimbursed Chris Tattersall a total of £464.45 for telephone expenses incurred while performing services on behalf of the organisation.
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continued...
Braille IT CIO
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
4. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| in funds | 30.9.22 | ||
| £ | £ | ||
| Unrestricted funds | |||
| General fund | 3,047 | 3,047 | |
| Restricted funds | |||
| Restricted | 25,844 | 25,844 | |
| TOTAL FUNDS | 28,891 | 28,891 | |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 3,200 | (153) | 3,047 |
| Restricted funds | |||
| Restricted | 56,080 | (30,236) | 25,844 |
| TOTAL FUNDS | 59,280 | (30,389) | 28,891 |
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continued...
Braille IT CIO
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
4. MOVEMENT IN FUNDS - continued
| Restricted Funds INCOME Donations: Braille IT Grants Total restricted income EXPENDITURE Insurance Repairs Theatre Trip Printing, Postage & Stationary Electrical / Computer Equipment Volunteer Travel & Expenses Sessional Workers Venue Hire Consumables/ PPE Bank Charges Total restricted expenditure Restricted funds carried forward Restricted funds carried forwards are split between the following funders- PB Hedley Foundation Ulverston Trust Garfield Weston Persimmion RVBC - Voluntary Organisation Grant Leathersellers Albert Hunt Trust Co-op Barchester Arnold Clark Red Rose Fund LCC Community Foundation Tesco Groundworks Aviva Restricted funds carried forward |
2022 £ 21,508 34,572 56,080 96 306 797 263 6,597 2,644 18,755 728 13 37 30,236 25,844 1 3,594 698 5,945 274 3,597 1,000 2,000 256 203 1,000 5,000 58 500 1,718 25,844 |
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continued...
Braille IT CIO
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2022.
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Braille IT CIO
Detailed Receipts and Payments Account for the Year Ended 30 September 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations: Braille IT Donations Grants Total incoming resources EXPENDITURE Charitable activities Electrical/ computer equip Volunteer travel & expenses Session Workers Venue Hire Excursions Support costs Management AGM Insurance Furniture Printing, postage & stationary Consumables/ PPE Finance Bank charges Total resources expended Net income |
£ 24,264 444 34,572 59,280 59,280 6,597 2,644 18,755 728 797 29,521 109 96 306 263 13 787 81 30,389 28,891 |
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This page does not form part of the statutory financial statements
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