REGISTERED CHARITY NUMBER: 218341
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
TC Group The Old Carriage Works Moresk Road TRURO Cornwall TR1 1DG
CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 to | 8 | |
| Independent Examiner's Report | 9 | ||
| Statement of Financial Activities | 10 | ||
| Balance Sheet | 11 | ||
| Notes to the Financial Statements | 10 | to | 19 |
| Detailed Statement of Financial Activities | 20 | to | 21 |
WALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
CHAIRMAN’S FOREWARD
Chairman’s Report 2023
It is now almost one year since I was elected as Chairman for Hearing Loss Cornwall (HLC). My year as Chairman had flown so quickly and many things had happened.
Also, as I have been Chairman for a few organisations, HLC is different. Why? The other organisations I chaired were mostly Deaf committee members, whereas HLC have more Hearing committee members, but I have enjoyed the past year chairing HLC meetings.
I would like to thank Robert Fitzsimmons, who had served as Chairman for HLC for many years and did an excellent job. I am pleased that Robert is still on the Board of Trustees as Vice Chairman.
I must thank Clare Greenwood for her sterling work for HLC attending so many meetings over the past year, including regular meetings with ICB. We have a contract with the NHS for a minimum of 3 years which is excellent. An event was organised by NHS and HLC last January at Cornwall Deaf Community Centre which was well attended.
We need to keep pushing the NHS for better understanding of how much problems the deaf people can have while visiting the hospital as an in-patient as this is the biggest issue, of not booking a BSL interpreter. That barrier needs to be broken down.
It was good to see some grants have been received, including £2000 from the Duke of Cornwall Estate.
I would like to thank Paul for his good works on the financial side and we welcomed Helen Rule as a new staff member, taking over from Denise Chatfield who had retired. I do hope Helen will remain with HLC, for many years to come, as she had already done a lot of good work.
It was good to see a great attendance from our trustees and it was nice to see Sarah Wardle being able to join us.
And finally, I would like to thank all the Trustees for their support at the meetings and for attending events organised by Clare.
I hope to remain with Hearing Loss Cornwall for many years.
Terence Spivey – Chairman
December 2023
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
EXECUTIVE OFFICER’S REPORT
Executive Report 2023
Annual Report 2023
The new year launched with me signing up to do some training in IAG - Level 3, Information, Advice and Guidance. I managed to get a grant to cover this and the training has been very useful. I have, subsequently, updated our website and various policies. These were only small changes, but we did need to get some policies up on our website.
I have already finished Level 3 and I am currently working on completing “Level 5 Specialist Dual Sensory Needs assessor training”. The other headline being “Deafblindness, Duties and Compliance for Senior Leaders and Practitioners”. This is giving me an idea of what the council needs to provide and is valid training for me, in this subject. While our charity works with deafness, it seems that the council, and others, look to HLC for advice on dual sensory needs and do not contact IsightCornwall. Therefore, I felt it would be a good idea to have this knowledge. The course is paid for by a government grant.
This offer came about due to my assisting with delivery of deaf awareness to various teams across the council, while the provider of Dual Sensory Loss training, David Sutton from Hi-Vis delivered his specialist support. As his organisation is not local it became apparent that it would be good for our charity to understand the implications for d/Deaf people who may also struggle with their sight/vision.
This training has enabled me to upgrade my skills and knowledge around sensory loss, but, also to be able to know what the various laws are around sensory loss, what provision there should be, and establish good working relationships with various council teams. All of this information has been particularly helpful regarding the advocacy service that we are contracted to assist with, for all deaf people.
Meanwhile, it has become normal to establish good working relationships with team leads, only to find that they move on or retire! Our charity needs to keep in the cycle of the revolving wheel so that we are considered, whenever there is a valid chance to offer our service. On this matter, unfortunately Denise had decided to give in her notice, after many years of good service, and we also found ourselves in the position of needing to seek a replacement. Luckily, we found Helen. Paul has been an enormous support in training her into a varied role that offers some significant challenges.
Early in the year, we were invited to a run of events including a fundraiser by the Porthleven Christadelphians, a talk at the Gwennap WI, Cusgarne WI and Perranwell Health Hub and, also, staff and student training events at Bodmin College, as well as attending various stands at events around the Duchy.
Terry and Jane attended Penwith College and Richard and I attended Truro College for their “Equality, Diversity and Inclusivity” Fair, which all students are required to attend. I was really impressed with young people who showed a lot of interest, but I was concerned to discover how many of them explained that they already had hearing loss or thought they did. We talked about protecting their ears and our protective ear buds were well received. I also offered for HLC to host Deaf Awareness Trainings.
This year also saw us coming to the end of two sources of funding, one through the BSL counselling grant and the other, the GOALD, (Generating Older Active Lives Digitally) Project, which was the University of Plymouth’s research project into future AI (artificial intelligence) devices that would help future older generations. Jane and Rachel had represented us, as trustees, on this project, along with some other volunteers.
Regarding NHS services, I had been in conversation with the ICB and submitted various reports and feedback about the service we offer and pointed out the gaps. I, subsequently, met Lucy Tucson, their communications and PR team lead who arranged to meet up to establish what services we offered and how they were delivered. Following a huge range of complaints from across the sector, Lucy agreed to get RCHT to make a video recording made of myself going through this catalogue of challenges for d/Deaf people since the new ICB came into being. This video was to be shown to all board members, at their forthcoming meeting.
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
The emphasis of this new way of working with the NHS, Council and voluntary organisations working together, had been cited as being to promote well-being and prevent health and mental health decline. We were able to state that for d/Deaf people, the opposite is what has been happening. Lucy Tucson followed up, after the board meeting, by agreeing to support an event that we wanted to deliver with the Cornwall Deaf Community Centre, around accessibility and provision of services to d/Deaf people.
It was a very successful event at the Deaf Centre. The turnout was great, the audience participation was fantastic and people did not hold back in sharing their message and concerns. Also in attendance, were Healthwatch Cornwall, the patient liaison lead from RCHT, a lead member from NHS England, a member of The Advocacy People and representatives of the team who help us to keep our NHS Deaf Communication contracts.
I had, previously reported that we have been in regular meetings with what has been known to us as NHS England, and we feel reassured that this good relationship will continue. The colleague, who attended on behalf of Healthwatch Cornwall arranged that we should meet, once a month, so that we could feedback any concerns or good news stories and this has been very worthwhile in helping me to establish more relationships with the NHS and Cornwall Council teams.
Following some direct complaints, I attended a meeting with the local MP George Eustice for Camborne and Redruth, with Tracey Rail, BSL interpreter. He was amiable and listened, but he advised us that he would not be standing for re-election, which we felt was code for sorry, I can’t really help you!
Hearing Loss Cornwall have remained very involved with the Disability Alliance, and this continues to be a positive relationship. We have received more funding to support people who are struggling with their household payment bills and continue to work together on projects to help strengthen the Deaf Voice. I noted the challenges before, that the Voluntary Sector Forum receives the funds to support the voluntary sector, but that we do not have access to this funding stream. Through this alliance, this may be the only way that we can get some level of support.
Meanwhile, Jane Innis has continued to be involved with the RCHT Accessibility Forum, in discussions about the new build at RCHT. There does seem to be a commitment to get things right, but, as we know, getting the actions right can be hard work. This project will continue. It seems that this year, like last, has still been focused on parking but it is now obvious that much more work has been completed on the actual building!
Jane also joined me for a training to a “Deaf Awareness Training” to team leads at RCHT, which we believe was well received. As usual, the delivery of this service came with no budget attached. However, we still felt that getting the message across is the most important issue.
Hearing Loss Cornwall has always worked well with Action on Hearing Loss, which reverted back to its original title of the Royal National Institute for the Deaf (RNID). We agreed to let them use our space to hold Hearing Aid Clinics, every last Wednesday of the month, with volunteers to help and supplies provided by Audiology at RCHT. This service has been very successful and we have met new people who did not know about HLC services. We have found it beneficial to both charities to support this teamwork
Interpreter bookings remain low with no improvement on how the bookings are made. We believe that there has been a change of staff in the authorisation team at RCHT, as we have needed to remind them what to do. Hopefully, things will settle down. We still find team members who do not know how to book interpreters, but unfortunately, we can’t guide them through their internal intranet, although we know the information is there.
To support our communication service, we were finally able to launch “SignVideo”so that people can make direct contact with us. It is an expensive investment, but one that will make us more accessible, which is an essential requirement, considering our aims.
What we anticipated has been a reality, and we are finding that the moment the word d/Deaf is mentioned, everyone signposts to us. We then take the stress, frustration and anger of these people who have been misinformed and, sometimes, turned away from the people who should be helping them. Of course, we will try to help people, whenever we can and I would like to thank my team, Paul and Helen for their patience and efforts, and thank the trustees for continuing to support us to achieve our charitable aims.
Clare Greenwood Executive Officer
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
Structure, governance and management
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Hearing Loss Cornwall (HLC) is the face and voice of the Deaf and Hard of Hearing people of Cornwall and the Isles of Scilly. It is a unique, local Cornish charity set up in 1931, and remains at the forefront of helping people living with deafness, hearing loss and tinnitus to live fulfilling lives in a world geared to sound.
It aims to assist the Deaf and deafened community to take control of their lives, break down barriers and help them to acknowledge their hearing loss and be able to take action. HLC offer frontline delivery services to NHS and other health and welfare providers to ensure vital communication support, creating essential links for the hearing community.
Communication Support
On occasions we struggled to provide face to face appointments for the profoundly deaf community as there is shortage of qualified BSL Interpreters in Cornwall. Although we have been able to provide remote service in some instances.
NHS Cornwall & Isle of Scilly ICB have now taken over providing the service for doctors and other medical services with the exception of dental and optical services which are still provided by NHS England. We have also built on the relationship with interpreters in Devon thus seeing an increase in bookings for NHS Devon.
We have continued to engage with the NHS and Cornwall Council to ensure that d/Deaf people’s accessibility needs are taken care of and have worked hard with the business and voluntary sector to ensure that accessibility issues are addressed and needs met.
A total of 14 differing clients were serviced during the year. Eighty percent of the Communications Income was generated by five major clients namely NHS England, Royal Cornwall Hospital Trust, NHS Cornwall & Isle of Scilly ICB, Cornwall Partnership Foundation Trust and NHS Devon
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
Governance
Hearing Loss Cornwall has a small team which enables employees to work to their skills. Various new processes have been implemented over the previous years and these systems are now functioning well. Measures have been put in place to ensure that HLC follow guidance on GDPR.
Trustees are represented by Deaf, deafened, deaf, hard of hearing and hearing.
Our Team
The team remains the same at HLC and having worked together for a few years, they understand their separate roles but are encouraged to work in support of each other. There are regular team meetings with the Executive Officer who endeavours to ensure that the team are content and working effectively
Whilst HLC only employ three part-time members of staff, Hearing Loss Cornwall recognises that there may be times that we have to draw on outside resources to run the organisation effectively.
We will continue to streamline all of our processes so that our time can be most effectively spent on the charitable “cause”.
Volunteers and Membership
Whilst we don’t benefit from a large number of members. The Rotary and Lions Clubs also continue to be very supportive when we have needed assistance at events which are challenging for Deaf people to volunteer for. We have also enlisted the offer of support from several people who became aware of our charity through various outreach events. We hope to grow this voluntary team.
Cyber Risk
Our patient/client data is encrypted through our NHS email system and we generally address any user of our communication support service by their NHS number, not their name. This is a system adopted by our communication support workers for confidentiality reasons.
Data Protection
HLC abides by the data protection act and shreds printed data and has its own Data Protection Policy to ensure the appropriate use of any data.
We will ALWAYS respect our supporters and benefactors and never share their data with third parties. We only work with British Sign Language interpreters who operate under the strict terms of their professional bodies, (ASLI and NRCPD).
Confidentiality
We will continue to observe all measures in place to, only, share information when absolutely necessary, with the relevant parties, such as the interpreters and medical bodies. All emails to RCHT are sent through their secure system. We keep very little paperwork shredding as much as possible as we go along.
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
Risk and uncertainties
The charity sector is on the line - political, economic, social and technological challenge.
“Our findings indicate that clients reliant on public sector funding and/or fixed term contracts or grants, may be particularly vulnerable”
As noted in previous minutes and reports, we are now really noticing the significant changes in the voluntary sector, at Cornwall Council and throughout the NHS.
Whilst Trustees and staff continue to assess the major risks to which the charity is exposed, we are constantly trying to mitigate exposure to these risks, as a small organisation, we can only do so much to fight the new juggernaut of IT and removal of the “human touch” in the process.
If we lose contracts with the NHS and RCHT, then our ability to operate will be severely challenged. As such we will continue to keep a constant eye on what we can do to remain focussed on doing the best job we can in a very challenging climate of change and cuts in provision.
We shall continue to offer the services that we know are of benefit and are appreciated by our users, but we shall also look forward, in the world of modern technology, to addressing any future possibilities and look for opportunities that have not yet been explored. Innovation and creativity have opened up a whole new world to Deaf people, with technology, gadgets and apps in abundance. These are opportunities to explore, not ignore.
Risk Policy
The Charity Commission require us to have a risk policy. Set out in the table are the major risks facing the charity.
| Risk Description | Impact | Mitigation | Owner |
|---|---|---|---|
| Income – HLC relies on four major clients for 80% of income. |
Lack of income will have long term impact of the viability of the Charity. |
Continue to monitor developments within the Health Service. |
Chief Executive Officer |
| Lack of Cashflow. | Lack of funds to meet the Charity’s liabilities. |
Micro-manage the debtor’s ledger. |
Finance Officer |
| Cyber attacked on the Charity’s Information systems. |
Disclosure of information leading to scams and possible fraud. |
Anti-virus software and secure password management. |
Finance Officer |
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| FUNDS | 2023 | 2022 |
|---|---|---|
| Unrestricted funds: | £167,640 | £191,214 |
| Contingency Reserve | £80,000 | £80,000 |
| Restricted Funds | £9,192 | £14,002 |
| TOTAL FUNDS | £256,832 | £285,216 |
CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 12,512 Other trading activities 3 120,198 Investment income 4 9,731 Total 142,441 EXPENDITURE ON Charitable activities 5 Welfare and education 172,189 Net gains/(losses) on investments 2,834 NET INCOME/(EXPENDITURE) (26,914) Transfers between funds 16 3,340 Net movement in funds (23,574) RECONCILIATION OF FUNDS Total funds brought forward 271,214 TOTAL FUNDS CARRIED FORWARD 247,640 |
Restricted funds £ - - - - 1,470 - (1,470) (3,340) (4,810) 14,002 9,192 |
2023 Total funds £ 12,512 120,198 9,731 142,441 173,659 2,834 (28,384) - (28,384) 285,216 256,832 |
2022 Total funds £ 61,988 128,110 9,729 199,827 186,884 (33,853) (20,910) - (20,910) 306,126 285,216 |
|---|---|---|---|
The notes form part of these financial statements
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
BALANCE SHEET 31 DECEMBER 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 11 2,033 Investments 12 224,679 226,712 CURRENT ASSETS Debtors 13 23,608 Cash at bank and in hand 4,397 28,005 CREDITORS Amounts falling due within one year 14 (7,077) NET CURRENT ASSETS 20,928 TOTAL ASSETS LESS CURRENT LIABILITIES 247,640 NET ASSETS 247,640 FUNDS 16 Unrestricted funds: General fund Contingency reserve Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - 9,192 9,192 - 9,192 9,192 9,192 |
2023 Total funds £ 2,033 224,679 226,712 23,608 13,589 37,197 (7,077) 30,120 256,832 256,832 167,640 80,000 247,640 9,192 256,832 |
2022 Total funds £ 2,927 236,845 239,772 15,601 41,654 57,255 (11,811) 45,444 285,216 285,216 191,214 80,000 271,214 14,002 285,216 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. T Spivey - Trustee
The notes form part of these financial statements
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Legacies
Legacies are recognised on a case by case basis where the receipt of the legacy is considered probable and the amount can be measured reliably. A receipt will be probable if there has been a grant of probate: the executors have established that there are sufficient assets in the estate to pay is the legacy, after settling any liabilities; and any conditions attached to the legacy are either within the control of the charity or have been met. Where legacies have been notified to the Charity, or the Charity is aware of the granting of probate and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost Computer equipment - 25% on cost
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
2. DONATIONS AND LEGACIES
| Donations and fundraising Grants Grants received, included in the above, are as follows: Clare Milne Disability Cornwall 3. OTHER TRADING ACTIVITIES Fundraising events Deaf awareness training Communications support Speech to text 4. INVESTMENT INCOME Income from listed investments Deposit account interest |
2023 £ 12,512 - 12,512 2023 £ - - - |
2022 £ 24,172 37,816 |
2022 £ 24,172 37,816 |
|
|---|---|---|---|---|
| 61,988 | ||||
| 2022 £ 10,000 27,816 |
||||
| 37,816 | ||||
| 2023 £ 7,110 423 111,574 1,091 120,198 |
2022 £ 50 1,400 118,904 7,756 |
|||
| 128,110 | ||||
| 2023 £ 9,690 41 9,731 |
2022 £ 9,729 - 9,729 |
|||
| 9,729 |
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
5. CHARITABLE ACTIVITIES COSTS
| Welfare and education 6. DIRECT COSTS OF CHARITABLE ACTIVITIES Interpreter costs Speech to text Advocacy support Counselling GOALD 7. SUPPORT COSTS Management £ Welfare and education 83,595 |
Direct Support Costs (see costs (see note 6) note 7) £ £ 79,355 94,304 2023 £ 71,361 1,080 4,538 976 1,400 79,355 Governance Finance costs £ £ 106 10,603 |
Totals £ 173,659 2022 £ 78,879 5,488 7,097 6,114 750 |
|
|---|---|---|---|
| 98,328 | |||
| Totals £ 94,304 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
Trustees' expenses of £85 were paid for the year ended 31 December 2023 (2022: £110).
9. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2023 | 2022 | |
|---|---|---|
| Administration | 3 | 2 |
No employees received emoluments in excess of £60,000.
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
| 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 39,172 22,816 Other trading activities 128,110 - Investment income 9,729 - Total 177,011 22,816 EXPENDITURE ON Charitable activities Welfare and education 178,255 8,629 Net gains/(losses) on investments (33,853) - NET INCOME/(EXPENDITURE) (35,097) 14,187 Transfers between funds 12,566 (12,566) Net movement in funds (22,531) 1,621 RECONCILIATION OF FUNDS Total funds brought forward 293,745 12,381 TOTAL FUNDS CARRIED FORWARD 271,214 14,002 11. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment £ £ COST At 1 January 2023 and 31 December 2023 2,829 10,316 DEPRECIATION At 1 January 2023 1,848 8,370 Charge for year 175 719 At 31 December 2023 2,023 9,089 NET BOOK VALUE At 31 December 2023 806 1,227 At 31 December 2022 981 1,946 |
Total funds £ 61,988 128,110 9,729 199,827 186,884 (33,853) (20,910) - (20,910) 306,126 285,216 Totals £ 13,145 10,218 894 11,112 2,033 2,927 |
|---|---|
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
12. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| £ | |
| MARKET VALUE | |
| At 1 January 2023 | 236,845 |
| Disposals | (14,017) |
| Revaluations | 1,851 |
| At 31 December 2023 | 224,679 |
| NET BOOK VALUE | |
| At 31 December 2023 | 224,679 |
| At 31 December 2022 | 236,845 |
There were no investment assets outside the UK.
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Other debtors Prepayments and accrued income CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors |
2023 £ 14,621 5,000 3,987 23,608 |
2022 £ 6,748 5,000 3,853 |
|---|---|---|
| 15,601 | ||
| 2023 £ 4,256 548 2,273 7,077 |
2022 £ 9,454 215 2,142 |
|
| 11,811 |
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
15. MOVEMENT IN FUNDS
| Unrestricted funds General fund Contingency reserve Restricted funds Project costs TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General fund Restricted funds Project costs TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Contingency reserve Restricted funds Project costs TOTAL FUNDS |
At 1/1/23 £ 191,214 80,000 271,214 14,002 285,216 as follows: Incoming resources £ 142,441 - 142,441 At 1/1/22 £ 213,745 80,000 293,745 12,381 306,126 |
Net movement in funds £ (26,914) - (26,914) (1,470) (28,384) Resources expended £ (172,189) (1,470) (173,659) Net movement in funds £ (35,097) - (35,097) 14,187 (20,910) |
Transfers between At funds 31/12/23 £ £ 3,340 167,640 - 80,000 3,340 247,640 (3,340) 9,192 - 256,832 Gains and Movement losses in funds £ £ 2,834 (26,914) - (1,470) 2,834 (28,384) Transfers between At funds 31/12/22 £ £ 12,566 191,214 - 80,000 12,566 271,214 (12,566) 14,002 - 285,216 |
|---|---|---|---|
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Project costs TOTAL FUNDS |
Incoming resources £ 177,011 22,816 199,827 |
Resources expended £ (178,255) (8,629) (186,884) |
Gains and Movement losses in funds £ £ (33,853) (35,097) - 14,187 (33,853) (20,910) |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Contingency reserve Restricted funds Project costs TOTAL FUNDS |
At 1/1/22 £ 213,745 80,000 293,745 12,381 306,126 |
Net movement in funds £ (62,011) - (62,011) 12,717 (49,294) |
Transfers between funds £ 15,906 - 15,906 (15,906) - |
At 31/12/23 £ 167,640 80,000 247,640 9,192 256,832 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Project costs TOTAL FUNDS |
Incoming resources £ 319,451 22,817 342,268 |
Resources expended £ (350,443) (10,100) (360,543) |
Gains and Movement losses in funds £ £ (31,019) (62,011) - 12,717 (31,019) (49,294) |
|---|---|---|---|
The contingency reserve represents six months of running costs set aside to enable normal operating activities to continue in the event of a shortfall in income or other potential risks and contingencies that may arise from time to time.
The restricted reserve represents funds received for the improvement of the health and mental well being of deaf people, providing a technology platform for the profoundly deaf, counselling and advocacy costs.
continued...
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
17. RELATED PARTY DISCLOSURES
During the year the charity paid Trustees' expenses of £85 (2022: £110).
Page 19
CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| INCOME AND ENDOWMENTS Donations and legacies Donations and fundraising Grants Other trading activities Fundraising events Deaf awareness training Communications support Speech to text Investment income Income from listed investments Deposit account interest Total incoming resources EXPENDITURE Charitable activities Interpreter costs Speech to text Advocacy support Counselling GOALD Support costs Management Wages Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Carried forward |
2023 £ 12,512 - 12,512 7,110 423 111,574 1,091 120,198 9,690 41 9,731 142,441 71,361 1,080 4,538 976 1,400 79,355 60,560 1,297 387 1,343 190 2,085 1,140 301 67,303 |
2022 £ 24,172 37,816 |
|---|---|---|
| 61,988 50 1,400 118,904 7,756 |
||
| 128,110 9,729 - |
||
| 9,729 | ||
| 199,827 78,879 5,488 7,097 6,114 750 |
||
| 98,328 44,203 1,342 380 1,101 2,098 1,804 1,110 255 52,293 |
This page does not form part of the statutory financial statements
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CORNWALL ASSOCIATION FOR DEAF AND HARD OF HEARING PEOPLE TRADING AS HEARING LOSS CORNWALL
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Management Brought forward Sundries Staff training Rent Software support Fixtures and fittings Computer equipment Finance Bank charges Governance costs Independent examiner's fee Wages and officers' fees Total resources expended Net (expenditure)/income before gains and losses Realised recognised gains and losses Realised gains/(losses) on fixed asset investments Net (expenditure)/income |
2023 £ 67,303 2,001 - 12,642 754 176 719 83,595 106 2,774 7,829 10,603 173,659 (31,218) 2,834 (28,384) |
2022 £ 52,293 1,674 225 12,574 820 176 719 68,481 119 1,956 18,000 19,956 186,884 12,943 (1,028) 11,915 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 21