Roglstornd number: 01830587 Charlty numbèr: 289243 BRITISH DYSLEXIA ASSOCIATION (A cornpany Ilmlted by guarantee). TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
A ¢ompwy knil•d by gunI••). Page R•f•r•nc• and admlnlstratlve dthlls ol the Charity, Its Tn¥l••s and advls Chalrniants stat•m•nt Tru8t••' r•porL 4-16 Independent audltorf r•port ¢n th• fin•n¢tsl statsm•nt& 17-20 Consolld*d Statomt of flnanclal acdvltl•s. 21 Consolldatsd bzlance sheat ChaTIty balan sh••L Consolldated slatwt of Ilowj. 24 Not•s to th• Ilnancw Stat•m. 25-42
8RmsH DYSLEXIA ocIATION (AcoMnY &nltad by wir•ntw). REFERENCE AMD ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEE& AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023 TnMt•es. Michelle catten. Chair Suzanne Edm£(1 {re$igYd 8 March 2023) ColSn Gallick {r8sign8d 29 July 20221 Della Hazell Fauzia Jan Timothy Neale Dr Georgia Nth Enrico Riva Or Helen Ross Mark Shern (resigned 21 Noverrw 2022) Arran Snxth Barry Stanton (aFwinted 21 November 2022) Shoshana WhrOw {apwinted ZJ August 20231 Marcia Brissett-Bailey lappowitd 23 August 20231 Helen AShleyTaor (apFK4rrtod 23 Awust 20TJ) Nathan Dawes (appc*iled 21 November 2022) Conyany rnyis¢•r•d numb•r. 01830587 CharSty r•glst•rod nwnber. 289243 R•gl8t•r•d offic•. 1 Friar Street Rg•Jing RG11 1DA Indep•nd?nt audMoT. Jamès COwr Kr8$t Audit Ch¥iered Accounlants and Ststsjt Reading 89• Hous• George Street 8erk8hire RG18LS
BRMSH DYSLEXIA ASSOCIATION IA c4>fflpany Ilmlt¢d by guarnnt•8). REFERENCE AND ADMINISTrATIVE OEfAILS OF THE CHARiff. ITS TrUSTEES. AND ADVISERS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Bankorn. Bardays Bank p.l.c Reading 8ranth Mid Thames Group P.0. Box 27 R8adin9. RG12H0 Soll¢itors Hethngton CAmwkn81 Brennan House F8mborovgh Aerospac8 Centre BusrS Park Farnborough Hampshire GU14 6XR Executlve Offl¢•n: Chlef ExeruUv¢- Gillian Ashley lunbl 16 AvJust 2022), Chivonne Preslon (from fj Octoter 20221 PreSIdt. The Lord Adrfwton Vlce Pr•sld•nts: Sharon Hodgson MP Tom Hunt MP Professor Joel Tah))tt Sir Jackie Slw•ort OBE Henry Smith MP
BRMSH DYSLEXIAASSOCIATION (A eompny 11mll by guarnnts•l. CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 A waim welcome to our annual report- a chance to recognise Ihe a(nts ofthg past Jw, lebrate our successo$ and reflecl on the challenges that slil lie ahead. DurfrvJ Ihis e1Ve month we continued the [(s of WeStablIshIVJ OLYsefves folowng the drfficulties of pandemic years. It is t¢stsment lo the hard vKwk and deth"¢atiM of amazfng Irustees. staff and volunteers that we have been able to prowde servThs aTrJ throUoUt and l am enorrrK)usly waleful to all the individuals involved in woth for tsir commthnt and fortiiude. We have been delighted to wekome many new team member5 this yaar and l am IriThJ f(¥warf to c¢tinu Ing frrxn strength 10 5trenglh in the p&riod ahèad. This year. we mwked the th annivThry ofthe Biitish Dyslexia Associthn. have achieved a great d8al sinc8 our found8tion. th8re 15 a consK18rabl8 amoLmt s1il to dD lo cate a deXis4rTred1y society. Our national Helpline is busier than ever. We have seen a notable increase in enquiries. 6% growth frorn la81 year, and OLtr H8lplin8rs ha SUPPOrt•J 0¥8r s.4(1 PWF48 in total in trms p8rioJ. Our HelIne rèminds Ijs on a daily basis why we must keep fightirwJ f¢xthe lights of dy%lexi¢ pp10 in8fAr8s us to kèttp gcing so that w8 can support lThJwlduals and fanleS in our ccmmuThli8s. Visits to our website and audience figures across our chafw)ets have also increased. We hJ over S million web pa visits durlng thls riOd and now ha over 110.000 frAI¢w48ts across our sod81 mèdla platfomis. This18v81 of engagement is astoundin9 and demonstrales Ihe coninuing upJenl and growing need for our seTvi¢es and support. This grovAh has en enhatKd by wyxk undertook durfng thls celebratory year to launch new- look branding and fftvise(I visK)n, mission and vdues, created in o)11gtrA)Talon vriu) our stakehotdgrs. We expect the grovAh li audlence nLThbers io conlnue as ¥ provide infomiation and resources dearfy in demaThJ by membefS of the gera1 pJ1. Ong)ing and gaps In Fthskml We abo tragNWted by the flI¥JS of the Dyskxla Commlsslon whlch repNted thi5 year. We instwJaled this work to rdise awareness about dy51exi8 and other learning drfficulties an to supply g¢)vemment vAlh independent reCoMndatiOnS on h)w they can belter support Ihose who have dyslexia, regardless of age and PaI10n. Th5 (xlAleIed the onw)ing work we undertaktr lo advocate o behalf of our stakehobjers to pc4IcnakeIs and pcAifiaans in Westtninsler. This yeaT1he Al Party Parfiamentary Group fvr Dyslpxia arKI Other Speoffic Loarniry Diffvwjties has foSe1 on suppting adults with dysl¢xia, Induding adults Ihe biistice Srn. and considered the importance of intervention aNJ screening. We hovg cuntinued to wryk in pathersNp w6th ottrr5. such as Ihe Speaal Educational Consoitium. to lobby for lge. The strength ol our chanty has atrways come from its fr#wwJalion in thg comtrwnity WKI thg fact th81 we repr8sont individuals. famili8s. 18achers and other FKofessionals who all understand the greal need for (tyslexia-friend so¢ial eh8ngÈ. l know new CEO. Chivonnè Prèston. who wèlrThièd Octobw 2022. will put Ihis communty at the heart of our a11•eS in the ahead. We wll review the support and benefits we provhle to m•mr$. èxt8nd opwxtuniti•s trj engage benèfKk4ri•s arml 8nsurè that fh•ir ¥e•S arè central in advocacy and campaign5. We are espeoalty grateful to our voIle5. merr)e, fiJThJraisers, (k)nors and fun(Jas make it P05sble for us to contlwe thts work. Thank >U for being part Of(p)Urr UEr the past 50 JEars. Mid)elle Ca1kn80n Chalr P Zols Page 3
BRlSH DYSLEXIAASSOCIATION (A company Ilrnlt•d by guarantttl. TRUSTEES. REPORT FOR THE YEAR ENDED 31 MRCH 2023 The Trustees are plg88ed to wgsent tr1r arwl rep(xt Iobthr vith Ih? cons9lid8d fin8ncial statemerrts of the charity and ils subshliaryts the sEarendgJ 31 March 2023. are also prepared to meet the ulrèments for a dir8clors' r8wrt Accounts for Cwiani8s Act purposès. Th& financi ststam&nts have been prepar•J rn ac#)jfdao with the Charthes Act 2011. Ihe Comp185 Act 21NJ6, the Memorandffii AAlkaés of AssocAation. and Actn11rj and R8porting by Charities." Statement of Recommended Praclir. applicatle to charilies prepariro Iheir acrounts in accordance with the FinanThal Rèp<wting StarKlard. applible in fv UK and Rewblic of lthd IFRS 102}. Th8 Infom)atlon on paga 2 MI 3 Ims part ofthe Truste8s' R8wwL The Trustees confym that they have referred to the Charity Commission's gUIdar on public bert when reviewng the (aW$ aims and ob58ctives Yl ¥rtw) rA8ThIng fijturg OBJEMES W4D ACTMTIES The British Assodation (tr BDA". Ch¥iYI has ils nc objects ¢cffltaned wlhln the chlS memorandum and artwjes of assY110n. whKti are: lo advance the 9tion of dysle¢ pe(ybg of all 89gs in relati to all asp8cts of dysjexia arwj rglatsd conditions. and lo coThJJcl research the benefit 10 the wobbems of dyslexia and related conditions and to dlssemino1& Ihg re11$ of su¢h resear¢h.- Vlslon. Mlsslon and Valu•s Chjring the yp¥r Ihe charity ¢ffjatsd a rw n¥8$K arKJ v8hJes the ory8nlzatw. ch)s¢ o)labwalion Vilh stakeholders: Vlslon Our viskjn Is for a wortd wher• 0p1& ilh dXia can nliSh. Mlsslon Our mission is lo thangè so(xèty by rÈnM)viw barr that ev8rwmÈ with dyslèxia 12n reach thwfijll pot8nti81 in education. in em[doent aThJ in life. We ralse awareness We infomi and educate to en 1ndlOn and inspwe tharKJe. Wo pr(Th)ts LffjdgrstarrfllrKJ We base our expertise on eNidence and researc. settiThJ wofesShd staThJards and inffluenrAng policy. We empower pe(yle As th8 lead#w national dy31exia charity. w8 speak ¢Jrt cffl behall of the dyslexla commuthty lo champl¢ dysIèxk4-frie1lY wièty. Volu Exc8llèn¢& We work wilh cwjr CoMtyand eath 01her lo improve al thal we do aThJ the seN¢es we offer. Respect We are an Indwve orgaThsaticn vthere evW58 has a thich 15 Isten&J to and is valbjed for the unique skills they briry. Team work We wll8borate and SLVPQrt gath Lthgr In puNyt of QUT vth): we are slronw arxl most effedve vthgn we work together. Page 4
BRMSH DYSLEXIA A&8OCIATION
{A company Ilmlt•d by guaranl••).
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 IIARCH 2023
InnovatKJn
We embrace djfferent thinking and encthrng8 ev81j to Ing thtiir idèas and initiatN8s. rell8cbng the diversty
ofthe coMMLm we sup
ACHIEVWIENTS JID PERFORPAANCE
ThSs year 2022.2023 we rnark our 50th anThver5ary. Dewe advanc8mt and proaress made
slnce ourfwndation In 1982. there Is stHI so much to to remove the barriors proventing p8opl8 of all
age5 with dwexia reaoMng their wtsntial in e(lutron. kn empwient aThJ life.
The ng8d
y experfence at schoollg somelhlng that l ac11lY ty lo forget. UnfoAunal8ty. my stwggley throughoul
affected my confHlence. and the teathwig style thd not enat4e me lo beam effethety..
I wo8 placed kn lh• nawlty corn•r and thal pmwgd unta I was movgd lo a speual educatlon das8
lo sit on a tan bag for 5 hourn a day... I remembol bemig in London I was golng for an nazlng intervlew.
and I had to we a menu ty hand... I madè some excuse to go to the tol•t and I ran oul of that
bulklkng 80 fast. TNnklng IL) myself why do l èxIS I must bè stupkll l thlnk It was the Iow95t part of my Iwe.
At the traln stallon.15erlousty Ihw aboul jum9 In fionl of the traln."
Ihat makes lkngs worse Is It Is hard lo explakn to peopl8 why I have the Issues that I do and not make
sowd as tf l am making excu thstead ol exFA4thg why l arn ha¥kng a problem thlng someiNng and that
I may ne•d mor• tyne or thai I m#y need supporl."
"l... decfded to take my own after an Incondusk¥e c(ffiversallon I had wtth the leamkng support team.
Thèy dtdnt know haw lo ho m• clUS•. 8t Ihat polnt I was so fru5trqted by th• i5su•s dyslexla wa3
cau8ing me thal l thoughl there was no w•y to h8W-
MyDy$lexlaStory contrlbutOTS
We have. ncethelesS. ackneved a great deal over the past five decth. We have promoted aThJ dlssemknated
ctheal resaareh into dysl• and its ints. set profesSnal slandards for educal¢xs. 5har8d t51 praclice for
pedagogy and pKovhled practic 8UPFKJrt to individuaLs and familigs. Wg have lobbied for dyslexia-frien(ly
change acmss sou•ty. in p8rtioJlar with pc4iGynakers and iihin public institutions, arbd we to unitg,
ordinalÈ and lèad movttmènt ltr thè Indus and emF*)w8m)ent of our beneficiaries.
To ¢elebr8te rxjr 50th afinfvers hosted an event in the Hre of Lords which was well attended by
pclicymakers who ple(hJed lo 'speak up dplèxia,. Wè alsts markad Ihis not8 mIston• at our Anrvjal
Awards dinner in June 2022 where we recognised the athevements of winneTS ac¥ass a number ol categoiies..
Children's Avrard, Entrepreneur Awwd. 0rg8nis81l Award, Cadfyjan Award for Resilience. Adult Award and
Tea¢herffea¢hing Asslstant Award.
Donovan'5 Story
Durfng the pandemlc lockdown. Donovan wa5 schooled frorn home. TIMY 15 w his Murn first notic•d hè w•$
realty ngrvous gbNrt wriling and Ihal his h8n
(A Company Ilmltod by guarant••l. TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Our actMtl•s 2022-2023 1. RSIng awareness During the yew the BDA umlertook a nuntrr of activrtkns to raise awareness atKul dyslexia and othèr spec4fic leaming drfficullies to Ihe general W1C and to particular 0up$ of 8takeholder¥. Our impad in numbers OLFr online information p&3es h1 over 5 thIn Over 1.5 milln new users arzessed infomHtJn on (x1r1le Our social media channel aUdIer 111.821 fclk7wer5 4.500 ben¢fioaiie$ a¢cessed the inforn wetmnar nm (kning Dyslexia Aw8reness Week Dlgltal Outr•ach ()Jr website and lIa1 thannels are the first pc¥t ol ¢&1 forltrthè sèd(ing advk. support and guldance on dyslexia and tr8ffic cxjntinues to grry4¥ aLYOSS all of cw platf0m. These substantial visitor rMberS demon5tral the urgent need for our seryKes aThY SUPFAYI. During IhÈ yèar. wè havè (x>ntinu8d to d8velop our pr8sence on media wth reguLar, top1 posts promoting traff lo cJr website and the Other services and 5UPPDrt wg offer. We also began tryd¢king the number of Msitots lincjudry new users) to our web pages and fre$ below Indicato nservaVe estirnates based avalatAe rywlerfy inf¢mlK)n ftslk)wbng updatès to wab anatytics seryices. addition. we inlrcwjuced a nthty e-newsktter from Novemter 2022 in der to prMdè regular inf(mth)n and updates to a more I5ke audience of tnefIc& and Supp161$ 0.1¥j in. By the end of Ihe year c4Jr JjdIe were as folbws: 24.473 Foc41)ook 40.IW2 Tler 32242 Inslagram 19.506 Unkedln 19.991 Web page 5.061.640 1.584208 Dyslexla Aw¥enes8 Week In Oclober we hdd a successful DyslexFa Awarene55 Week on the Ihernp of'Breaklng Through Barriers. wlth high èngagémènt throLWoul the week. We shared Iwed expWIen storie5 of bIllieS and rnembers of the public prowded free webin8r8 whth were attgndeil INe by ov¢r 1,31)D delegates and which have sincA b8on vi8w8d over 3.200 tS on ow YwTub8 dwind. Brnd r•lmh In Septemberwe launthed refreshwl brand. ilh 8 n8w k*)k and fed lo modernize our visual idenlity. Thls Sncbjded a new low and icon. a new cc4our scheme a new font for our w8bsiiè. Wè now havè sets of mary and Second coloLY patt&S to enhance tyjr conynunicaticffls and will oJnt¥iue lo develop our use of these to maxlmise our iryact aThJ attract new Page 6
BRITISH DYSLEXIA ASSOCIATION
IA coftwny Ilmlt•d by gunt••).
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
"l am loving the new look ofthe website. more In479 and eader lo naYal•
Ellzabeth. BDA M9mbgr
Inerson events
We had stalLs al b)Ih the TES SEND SPThY in L0ndC and the DyslexJa Sh(yw In Birmlngham. both of whith wer8
well att9nded wilh lots of ¥i&kns seekiny infcmakn aThJ advice. At the DySlea Sh)wwe also delivered
8peclaist talk and parbupated in the opening pand dtsotssN)n.
Follong the in-persm reslri¢AKJlls of the parthnmq were defvjhted to host an in-person famity infonnation
day In Bra¢knell in September 2022. We WelCon over 1(MJ par, chldren aThJ teachers vtho partwipatod In
5 tree workshops.
Local Dyslexla A•soclati
The BDA WO alongside approximalety 40 afflialed Local Dy5xia Associations, 5epar8te (aryty, and
provide8 trning and support to thw'r vduntaars. DLYirwJ ttis wiod we provmjed sessions on themes induding..
safeguarding, optomety, and applyi for grants oWwlLM)thn9 CVJtunities.
Fundr$11$
W8 arè inu8d)ly grdtèful to 8varyrJnè supF r tyjt in ptlar lo cwr fiJndIarS who not onty
raise urgenty needed for us tt adrnnoss by $h8ring tsir thios ond r9asons for fundralsing
for us.
For many. Fwsonal exenCe with dythxia spurs them to support ts 8DK This ery of ¢)ur
njnnern In the Lond(Jn Marathon h8d a forrnnning f the BDA, they did an exceptlonal
job, raising an impressive £32,OCKI.
J•m••' Atory
.1 hav8 oWexSa, which was Crling and made school. espedally Eng$h dass O stll have
nhJhtmares t¢xlay} extremety chalenglng. I sltll ru9. and even wrlthig INS hths tsken mLdliKle attempts and
Ilmg Thankfulty tochnology has come on loaps and bounds tpthith is a game-chang•r when it com•s 10 5pfrlling.
Bu( lo thbs day, ther8 are times wh•n I can't Iwde behind technology and my dysl•xia hold5 mo bwck, especially
In a wolk envknnment Thankf rèamed to b8 braver In shartng wlth fdends and colleagues my ityslexla
but I know fw many others who slrnggle. they would rather l¥de kn kar of qmbarrassmenl than share ther
ityslexia.-
James cycled the Imprn$$lve 400 mlles from London to Amstrrdam, ralslng an amazlng total of £1,940
for our chartty. H8 was keen to shaw• hls expwlEnce5 Thlth dyslexla to holp overcome the stlgmè
that some people encountsr In sochty.
A big Ihank you to the remarka8 indNiduals of al •Jes have emtM8cd extra
(A company Ilmli•d by guvant••>.
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
'At Royal Wootton Bassett Academy. we strive tow¥ds IndusrAty and eryty, and we recognlse that slm, evèn
these aims In mind. that barrfers slim exist for many of our learne and colleagues. The Journèy Ihal we
have been on to gain the ttyslexia Friendty Schools Award has not been abo the award Itself, but through
inthvidual expeiience we havo soughi to becorne more equipped with ypecialisl knowkdgè and skik lo bridge
th8 gaps that and to help us overcomg sorne ol those banigrs.
11 has been an insighthil loumey and has tsught us to see the leamlng experfence through slextc eyes, and
this in turn ha5 Opened up new iIMnkww and approaches foi all students and cclgaguos."
AThh• Ellls. Headteacher. Royal Wootton Ba$$ett Ac•demy
2. Promotlng undwstandlng
Durkng the ar the BDA undertook a nunl)er ol ¥bleS to prr¥Mte furth8r wderstsndlng ab1 dysl8xla and
other specific leaming drfknjlt
r impact in numbers
We trained over 1,gC(I delegales at our fve trairmng events
Over 400 individuals surttssftlty o)mpfeted acc¥edited e4eamiThJ training courses
We acciethted 30 courses of study
Tralnlny
We prowde a broad range ol trainirvj to a wKJe adce 8rxos5 to prornotg undendin9 Oflexi
and other sp8ufic leaming drffiCuS. This indlths:
Information webinars to organisations suth as scknls and empknjws
Half and whole day Iraining modules. delive both onlne and in pe(). avalable lo Ihe general publlc or
on a baspokè basis to organi110$ of al typ8s
Accr8dit8d train1r lèadiTh3 to qualffjeAtions at L&v812. Lov8f 3. Lev814. Lovel S ond Levo17 which is
availablè 1)ur e-leaming plafforms Motsd and C045sÈmtAè. Thi% is usualty urKlèrt8kèn by prolèswn81
educaioT3 and those supthg indidual$ in SCI1$. fvjrther or hh3her edu¢Jkn and in •mph)ymènl.
Allson and Ro•. story
"In Awll 2022. after a surprfsingty challenging. bul Increthbty Informaltve COUT5e. we both galned accTedltation
alonde a slwlficant amount of kne{je1 Syiorfjng each other WOFklng In the sa settlng was Invaluable
online lutorfals and Itnks lo othors laknng the cOue via emal and Whalsapp also helped navlgate ihls
domandSng cour. Despit• havlng naaty 30 years teaching Oxperience each, we W8T8 finaly able to have a
d8ar Insighl Inlo the (lifficutiie5 eXFeVrenC by aMts d al ages dyslexla Hopefulty morè Eallng
Itath¢rs wll be Inspir to ¢Mbnuo ther own amI9 orbd undert&k• lh• L•vèl 5 cou& AJ well".
Alison and Ros complotsd the AccTedit•d Level 5 CertifKate In Dyshxla. Litoracy. Support and
Inlervenlion wlth the BOA and now provlde tralnlng courses to promote understandlng about dyslexla
among olhei te•Ghets fund1 by thelr local authttY h) the London Borough of Eallng.
Accrnthtstlon
We continued to accredil c)Jurse5 for specialist teachers lo study 8nd for ther crynpetee lo be renised
through our awards ofAMBOA. ATS. APS and ALSA IndN¥knls sUcSfUl CoMpleng Ihese courses of stu(ty
are eligtjle lo applYf indiwdLwI accyeditalion by the BDA. A5 part of Ihe rn8intenanco of professlonal
$tandards. we encourage pfofessh)naL8 to undertake reglar continuwo professional deVelopnI to stay up to
date with best PlIce in the field.
Thls work is Dv9rSe by the Awgthtsltrm Bowd. an indopgndent $ub
8Rrr15H DYSLEXIA ASSOCIATIOM {A Company Ilrnlt¢d by granO TRUSTEES. REPORT (CONTINUED) FOR THE YE1 ENDED 31 PAARCH 2023 5 lexIa. 1 Level 5 Lwalculka 1 Level 4 ttys18xia. Rosearch Dlwing the arwe saw the condusKffl crfthe DWexM@Work proieca frjnded by Erasmu& Th8 BDA worked alongside the European Oyxia Ass(Kiakn and A0(allone Italiana Dislessla of Italy. Dyslexia Assoclatlon of Ireland. Fédération Frane Des DYS of F. Malta leXia AssouatK)n and Universtta Dell'ln5ubrba of Italy lo identify dyslexia awareness prath"¢e amoNJst rewiters and employers to enable other organisalions lo enjlate trms pracaice. ResrceS devek)Fed thJrirnJ the pry)je¢A are now freely avwlable in thcee langua9es. The BOA will ccffltinue thi$ wc wth (woti)g development of ow Quality Mark lor the Aware that Ihere arg a nurnber of resp8ffjh woiects in develLyment our fitsld. dur¥)g this year launched new areas of our website lo enable researchers lo art us to their research so that we can share it rrK)re easily subject lo ¥PPfQPriOte due dilig8n¢e. We shar9d t¥lls for arth pgrtK¥pants from agew¢s such as HMRC and the Diiver & Vetrwde StarJwts Age and VAI ¢)Jnl¥w to support rewtsble research requests in the pariod ahead. Conf•renrns We were very pl8asad to lkn)sl ow ffirst tsce-Io-fa¢6 1¥enCe site thtr p8ndorri¢ in November 2022.11 was Vary Posittve to b8 to cOMe ddegates, in person. to Swndon lo hear eminent dyscalojlia and literacy spÈak•rs thÉ thèmè of,'Focus on lèxmèr Strènyths and Challèrys". Wè aL hald a vviual dyslèxia conference in March 2023. "Core Sklls and Creativrty. ErrfJagiThJ dyslexic beamers with lileracf, and were able to makè recordgS 8Vlabl& 8ftèrwBrds to laiifitAte Star ptlp8()n. Dehgat•JJ from our Novemb•w 2022 conference: Gro•1 day excellent sharing ol kn¢wl from domig thè reg•arch Thws was an excellent confefence: the keynote speakers kn particular gav¢ fasdnallng talks based on the academic resEarch. The speakw5 vrnTe ewperts kn thek subfvcts and th15 knpul15 hugely wekomed. Varled gnd knter8slng cont•nl and presenters- thank you. The speakers were more than excepiional. The event was nicety and wem organi5ed from the beginnlng lo the end. However, the besl part of the event was the people thal came, everyone was so helpf. and po9tsv codd be fell everywhwe. Dèlegates from our March 2023 confelen. The speakers and thdrwork ue tftfy ama21ng. Thls was such good value foi money. The fact I could buy tha recorthry and do N kn chunks rather than all In one day mqanl that as a mum of three and a teathef I w•5 able to gel the mo51 frlim il in the lime that 5uled mt. An frxcollert master In al thlng's Il•racy, teacl*ig. andlgarnhbg. An Infonnalv• aThay of topics pres•nted in a waThn and 8ngaging rnannei - rea54xbfy pric8d and 8asy lo acws. Wll book agaln! Thgnk you to am Ihg conlribuloTr and orga9[$ kn •n lTrspiiing. gxcibng and inforrnalpio W. Thank you everyone IN a reaty knlweslng day. hve 18amed so and have 50 many things lo tak away lo use!
BIIJTISH DYSLEXIA ASSOCIATION (Aeompww Ilmltad by wwants•). TRUSTEES. REPORT (CONnNUED} FOR THE YEAR ENDED 31 MARCH 2023 Membernhlp As a membership organisati(M) we wovle Informab arxl cp[unItS to ètt8nd events ¥d tr8inirtg to our members. We intUred e-newtter$ lo nbe1$. kwmshed 3 Issu8s of Coniact. our mombership magazine. 0$ well as a 50th anniversary ethtion of Jr Handbcrt c>JntaKin9 a nwnber of inhfful essays and rèsearch artides, whth was av8NaNe fty a fAnall fee. Ernpowerfng During the year the BDA u1t00k a numbor ofa¥ilies to eMthr InivalS directy as wdl as wthkirvJ me broadly society to reVe baThiers fac¥h3 ow benefioxarie5 in society. Chjr impact in numbers We respondgd l¢J 5.453 ¢Th]uiries vra our Help We provmjed lo ovgr 2,000 a$s9mnts We enabled 40 experts lo FThide Nprb81 tgStwrwyrylo pwli¥nwtsrlan$ and lcY makers during the course of the sar We run a nation Holpllnè wlNd) atM¥ers enqutri8s frun members of the general public wa telephone. email. our social media platforms and n L4e posL tX¥ing this pèrK%l. wè rèsw)rtded to 5.453 ènquiries received across all thannels as follows.. Tel&phone 3.136 Emam 1.872 Facebook 281 Inslagwam 159 Letter Total Our Helpline Is staffed by a team of 14 UnteerS are trald 8t sU88d by our H8lpllna M8nag8r. The lfve telephone helpline 15 oren for 10 h$ pèr wè to increas6 in Ihe cOmg year. Emails and dlrect messages via social metha are resped to t1h(rt the wothng wèèk, w4th mnlhty'lnstagr8m takeovers. where questions are imiited Instsgram. are onswered by Heijline and posted publicty. Helpline volunleers undergo a substantial traring PTogramme and are ¢kwtyto ènsurè Ihe ad¥Ace and information provided is a¢wate and ¢onsk8tent The iwrform3lwJn and adv we Fwovide also teneffts from input from specialisl vcthrntÈern serving on advlsory board committees. Duriry #M5 peiiod we wertr grateful lo reCee expert athce from the Music Committee, the Te¢hrK>logigs Committee •KI fv [tySClIa CcrfnrTyttee. Page 10
(A eonwny lknlted by guarant••). TRiISTEES' REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Helpllne Story A mum called the heline for Infomiakn and tyddance aboul hei son accesslng support for hls dyslexla at unfverslty. He's on a eoutse to become a PT teather and hos faled thè IAst two modulès and been told he w1 not b8 ablo to progress inlo th• third Ye of his dwee wAhout re5it1in9 the enlire secmd year. The helpline volunteer identified thal Ihe slvderrt had be8n roc8Mng any loThal support and had bèen grèbblng oc¢aslonal •dthiond timè wilh Ihe lutor aftèr kssor&. The helpllnor provkled Informallon and athke about how lo use the thagnostic weport to identify the help requiied. how to appty for Disablod Students Aitowance to obtsin 1."1 tuloring and spedaw software and lo work wlth thè unlvarsty 18amkng support team lo get suitsble adjustments and examination ac¢o88 •tyangemonts ijb pl9. The motherwiote t() the hllne aftgr the cal. Ilany Ilwiks ICK all yow Ilme exceNent sall51 advlce that YOU gave me thi5 moming. li be a help." Assossment s•r¥l¢4s Our assessm1 services. Cov1n9 EThJlaThJ aThJ Wales. ensure that iThlwiduals of all ages are signpostsd lo th& Very bÈ$t diagnostie And wkp1st assèssmènts approwiatè to their needs. We provide access lo assessors vtho meet the highest slandards of prnfesOn practice, ding active appropriale profgssional qualificaknons as wall as AMBDA accrèditations and AsS8ssMt Practsing Certfficales vthere required. During the period we promded infommlion and advi&ry atrthl awssments, 2,042 assèssmènts dirgcty via th8 BDA. Assessment 8iorfes: 'It Is a hug• r4118f that l know why I s1rngg wlth 18amlng and the assessmert not onty PTDwded evlden¢e of th18 but also very usebjl advl¢e lo help me cope whh thls. My teachers and sthoo15 falled me and had I known I was dyslèxlc gs a chlld, Ihal exlr8 bk of Ilme wodd have hebod m• Imn•fy. Rogardless. knowng thal l am dysle( wll h me WO IL" "I contacted the BDA as I idft'l know wrt• elsa to knNn. I had never considered that my gon was dy51exlc. but ¢nou9h ffiags were fykng to let us that he had dfficues partlcularfy wilh hls wiilkng. His spellin9 was excelknl {a mlgconcèwknn that sknpped bolh myself and teach•rs from seelng h15 Ifthcuttia51 The BDA re rèaly éffieiant And helpful. by r•sponthng and explainlng l¥)w W8 could got our son asSesd Our asse550r was brilllanL iesponthng knfom)allon abo tho tost and to more spedfic worries we had, befofe we allendèd. The Assèssor ga us realty Ihoiough fe•dback both on the day ol the t8St and itlng a few days latÈr. thkh WÈ cad Ihèn takè to h15 school. My son ig dyslex1c and h was Ilke alslbU had been switched on. and so many things became dear lor both our son and us. We Ihoughl Ihe sece from slart to finish from both the BDA and the assessN was eXcelnI. prof•sslonal and magslve reas3uiing and I wouhj recommend the BOA as • fwst port of lor •nybody who n¥ed$ Inlorm•llon obout. or asgessm8ni for Dyslexil." "I wa$ very Impressed WTth ow assessor ShÈ was r•sponslve and very helpful in lh• lead up lo our assessment and helped lo put ffly mMd at eaye as to how to expl8kn the process lo my son and make suré he did not feel aroUS abo IL On the day she was wonderftl. she conduded the assessment In such 8 calm way that my son thdnm even realse how long hè had eft focuslng on thè activllles. FoKowlng the assessment sh8 deliv8rod the Teport wAhin th& Spea lime and I was very sallsfied with the oulcomes èf the assessm1 and the d•taled recofflmendalions Ih•t shè m&d•." Pollcy advocacy The BDA works o)Ilabordlivelyto advocate on traaff bènèfiei**s. As a mèrrtbar of thè Sp8dal Educailon81 Cons(yilwn ISECI. 8 group crf 40 organisath)ns in Ihe SEND sector, we worf( V+ith govemrnerbt departments parliament8rian8 lo lthm devdowènt and comm8nt on implementation ar¥J issues arising. Furthemiore. dufftJ this year. the BDAined a codilion of 125 other org8niyations led by the Royal College of Speech ar5d Languag8 TlIStS to t11 for greater irN8Stmonl n th8 specAalist worklorce as P4811
8RmsH DYSLEXIAASSOCIAIION (A c¢mpny Ilmlted by guar¥nts•l. TRUSTEE¥ REPORT {CONTINUEO) FOR THE YER ENDED 31 MRCH 2023 part of the #SENDintheSpecHhsts carryal. As secretarlat for the APPG on Dyslexa arJ other SpLDs Ihe BDA SLpknd its Chair, Sharon Hodwm MP ruming meo11ngs thls year on Ihe foll(n9 Ihemes: Scho(As' WhSle Paper and SEND Green Paper-what dwng8s can we expect (June 2022} Adults, including the kntke SyElem (Dècemter 20221 The impK)rtan(% d Earty InleNenlon arxl SL¥eenlng hfm It cgn amp(er t8achars and the childran they teach (February 2023) In total, 12 5peakw5 shared seth)r gxpBrtsse aThJ to the APPGS. In 8¢JdtlvJn. during this )ar Ihg 8DA pwtwg1l ths IlIVE8 Curfa to tn9 tcoether govemment and civil society bOdS and industy lo consider waJ3 to ImpMent posilive IOT indNiduals wlh dYsXI8. T 'Dys18xia Commission. hèkl tèn qUry se(S over knJr days in 2022. heariThJ from 28 WitneS. aThJ Ihe resultant report wth reComMli0n3 was FKknh"5hed on 31 Marrh 2023. FINANCIAL REVIEW Thè COoI1d•td Ststèm•nt of FirwKlal Act18 fty th8 Or w¥Jgd 31st March 2023 shows a defiryl of £251.450 {2022: surplus of £100.71. Income In 2021-2022 the BDA recwed two rArtAAly thnaliorts which bclstered inrA)me lasi finanoal ar. This year. total income has decreased by 12.5% to £1.949k12022: £2,229k). mainly due to income from don8tions 8fK118g8th8s b8ing l£232k) I0r Ihan last year. Fundraising income. heVer. saw a small increase with the London Meffilhon taking place again in O¢tobw as a tssult of Cti r8strictions in priorydars. Wè were also able to rm our 51Xh anniversary armal awards dirThr in pwscffl thjring the whth raised srjme additional funds. Thi5 •r, Ihe BDA IN8$ seen fAIntNd gmw1h kn InfX)m& from tralnlng. across bolh wedited 8.l•arnin9 ojurses and bespoke live trag. Income from c(rfnmercyal trathj operan$ was kywer in 2023. to 8 dn98 In thè Incoma modèl. Expenditure Totsl eXpeIllure inueased by 3.4% ring the to £2.201k12022: £2.128k}. predomSnanfty due to Increases In wages and salaries costs. During this pericJ the management team wa5 restructu, new marketing and rnmunicatis posts wore crealed. a $1-of41¥7ng paymentwas made to employees in DerMr 2022 and the oulcome of a salary review tk effect from January 2023. Costs from ccrfnmercial tradwy opWalw are to a in the inLme m(MJo1. Balanc• sh••t Net ¢#Jrrent assets d8¢reased by£24Th to £g)A12022: £1.147k Toial r8serves decreased by £251k to £920k in the year12022'. £1,171). relng the operational defK¥l. Rwerves pollcy and golng conc•rn The TsleeS believe that in tern ol good govem•n( and to Ènsurè thè (xjnthnuty ofthè organSs8tkJn and thg fUlment of Its charitable aims. li is necessary lo mainiain an adequale level of reserves. Free reseryes are the part of BDA's unTeslri¢ted funds that is avallaNe to spwml on Any of Charitys purposes. This definition excludes restricled income funds. although holthrvJ suc fvnd5 may infftuerKe 8DA's re8erve3 poliw. Th& Trustees te a risk-bas&J apwo• to reserw WKI miew tr* r8seN8s polw annually. Th8 8oard has sot a reserves p(Aky whkh reqirrires.. Page 12
BRMSH DYSLEXIA SoCIATION (Aeomyny by guaAnt••l. TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 PIARCH 2023 R8sems to m81ntakn8d al a lèvd Ènsm thal BDA'S c)y• o)ntlnu8 thring a p•riod of foreseon dMfi¢ulty A 0%1)n of reserves lo be m8intsined in a r&Ity rea458ble fomi. The ¢alculaUon of the r4uired level of fr¢8 reserves takes 10 a¢oxJnt Risks 8$90¢ialed wlh eath stream of and exwmkn btyng rfrfferent frthn that budgeted Planned aclfvlty levd Organisational CnrtMents The gap betr the spending and reCeIng of wKome Retaining a level of funding that WAI aWcN4 IleXty and 41lty of ponSe to business grThvth and devolopmgnt opportuThllss 9rt4e ts organwtion to moet its stratei¢ c o'ective& On this basis. lh• TTrJst consider that tho bw81 offre8 r8sapMs at 31 March 2023 is £700.000 of vthich at least 20% 5Uld be held as h. Thi8 tsrget was #¢hieved 88 tyjr ur8Str rwrves ended th& •9 £738,978. R•lat•d pty Trnnsa¢tlon$ TransonS b•trn BDA and BDA (Inlualives) Lld. its subsJly tmdertaking. have baen disdosed and are iaude in these $olIdatell ac(yJunts. Other related pWtytr3rlCrn have beon (I8de68d li Ihe consolklated accounts. STRUCTURE. GOVERNANCE ANO IAJJIAGEIAEMT The Charity is a company Iwnited byguaranlee govemed by its Memorandum and Artth5 of A$sallOn d8led 5th Juty 1984 (last amended 15 November 20081. It galned fcrnl tharitable status frcth the Chatty ComMissn in England and Wales on 4th Febnjary 1985. The Board of Twslees has adopted Charyty (>)vernm Clxle assew$ 6ts r)lan¢e th the Cryje as part of its ongoing revi and stren1rj of govemvm. The Board of Twslees is o)JleclNety resp)nsth the governan arKI kntegic direction of the Charity together wth its finanoal atth. delivery of pubk benefil. probity of its actmknes and the development of the organisatil'S aim. 01¥ts¥e5 aFvJ go. Trustee sdectlon Thg Chority is commiitgÉ11o il has 8 baL8n(d ond dN8rs¢ B09rd. with members ¢)mMnded for thelr skills and expertise. Renewajs and the appointrnenl of ary aJdilHJnal Tnjstees are nformed by a Board Skills Revi8W 8nd lak8 inlo 8cuJunt anNal discUon$ b8trAwn Chair and each Trusiee. The Board of Truste8s is mafle up of nollgss than ten aThJ not nwjre than Iwrteen p8ople comprisiThJ: a Chaiman nomin8ted by the Board by reas( of p)ssew skrfL8 lsIder&I n8C8ssary and appointed in g8neral m8ètkng'. fow IndiwduaLs drawn from Ihe members of thg Lo¢al A88cthkns; three indryiduals dr8wn from the Indrth¢k Merrkns., Iwo Indimduas drawn from the rrombers ofthe ganIsatMIl Members: up to fow indivhknls co-opted by the Bowd by reason of possessing skills ccrft5idered necessary induthng a Treasurer and a legalty qualfied pe{s(. Trustees ar& apwnt¢d for 8 year F¢d. usually fcy a maxinwm of iwo tern. The Board of Trustees MlS four times a year. All Trustees slve Iheir time freety receNed no remuneralw)n was during th8 year, aside from 1MburSMenI of legitimate eXpse$. The Board delegates the exercise of Certa in connection V•ith the management and adminislralion of the dwrbty as set oul bdw. Trys is witrdbj ty wuirry r8gu rwllrvJ bath to the Board. so that all Pa98 13
BRMSH DYSLEXIAASSOCIATION (A eompany limlt•d by guarantèè). TRUSTEES. REPORT ICOIMNUEDI FOR THE YEAR ENDED 31 MARCH 2023 eci5ions made undw dthgaled can be ratified by ts 1 Board in due cojrse. Al minules are tatled at Board meetings. FInan Commlttee The Finance Committee meets once a quarter. and CnpriseS ts Honorwy Treasurer, Chair and Ctrmef Executive. The Head of Fh)ance aThJ Operations also attends. The Accreditation Board upholds the hrghest standwds for prrrfess)nals WOTking in gjucalion. 11 deveknps, defines arKI puNishes the teria for profeswnal omjtses ofstudy and for sndivKlual awards as an indepeTKlenl sub.committee to whom all accTeditalbJn matters have been dted bythe BDA Board. Members ol the AcdItatIon Board we volunteer5 t)o are derS and experts fTom the sector and the Chair is an aern of senior stanth"n9 With a rec of rese¥¢h and putlishiry in the field. The Acciedltan Board meets at least each Sear. Local Assoclation Board The Local AssocialKJn Board (LAB). made up of rewesenlatives of Local Assocaations. aimed lo meet regularly during the year but strkvJl to do so. Post the Board dissofved this SubMntte6 and wil instead seek altemale routes lo 93th#r th& voiw Vitr of kx81 tylea as¢1tic8. Ad¥l$ory Groups Th8re are a nurthr ofAdvlw Grow provkle the Truslees I1h •xp8rt infonnallon as w811 as asslsllng the Charity with tts work. This indudes raisvwJ awareness: SUPFK•rbng the BDA Helple wrth advie,' offering guidance on academic issues." as well as coniributiryJ to consLAlations and r81ated matters. Groups indude: New Tschnole1t8, Music, Dyse81th and Cutturd Perspadi. The TrS ar8 gr8t8lul for the va9b18 (xMrtrtAth and sp8dal&t skllL8 tmldèd by voluntèèrs Invdved In these groups. Chgrlty m•n•ymonl The Chief Executive 18 SFx)n$ibk daylo day marwyernent of the Chariws affaits and for implemBnling p0CS agreed by Ihe Board of Tnjstees. The Chief Exe(xrtive is assisted by the Senior Management Team. New CEO, Chivonne PTrston. took up her posl * the begSr¥¥J of Oct()er 2022 and new nIOr ty)sts Head of Funthaislng and Head of Fnance and Operations were akn created duting the year. Group StructUT• The charity has a owned rL)n(witable 8ubswJiwy. BDA IlThtiativesl LYrted. 11 carries out ThJn<*aritable trading actlvibes to rai$8 funds for the Charty. Corporat• Gov•rnanc• Inlernd controls over actual aThJ cx)mmitted exlIture are contmualy refined in order lo improve effIccy. Procèsses are in placÈ to ensure that p8rformanc8 is monitored. and that appropriatè managem8nt Information is prepared and vieWed regarfY by bclh ts Senior Management Tewn and 8oard ot TrLL8tees. Th8 systems of control are dwn•d to provKl8 reascrf)ai4e. txrt Njt absolule. assuranuj agalnst matsrf81 misststemenl or l¢XS. They indLth: 8 Strategic plan and annual Iwdg8t 8rwoveLI bythe Tru regular consideration by th8 Trustees of ffinanCI resulLs" valian frem budpts,. non-financMI large performance indicalors and benchmark reNieK" delegatknn ofday-lIaY ManagnI aultr1ty8nd seakn ofdulies" and Pagg 14
BRMSH DYSLEXIA0¢IATION (Aeomyny Ihnlt•d by ouarant•è). TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Idontificallm and mantyemont of kÈy rlsks. Rl$k Manag¢mont Res[50b11ty for risk management Iles Vilh Tntstees. The Charity has establrthed a risk Tegisler thal aims lo sèt out the key risks for the oryJanization indudwy: An assessment of inherent risk Existing rneasures in place to manage each risk An a$sment ¢rf residual risk. once mitigalng ITureS are taken into constderation,. and Futuro a¢ons thal may b8 lakon to redts the residual iisk frjrther. The dsk regl$ler is wiowed in by th& Boar<1 1gast anrAly. ri&ks explored In detail at each Board meeling. The major risks for the BDA have been identifi8(1 .. Developing the strategic planning. assessment arKJ review proces5 Diversir0 income. in particular increasirvJ fundrar&ThJ iTh>Jrne frorn tN)th irwJivKILTal and organizational donors D8v8loping producis Ser¥S so Ihal th8y are up to date. relwdnl aThJ abl8 to meet demand M8asuring and 1xmN1c8t1r•j our Inyd Staff weilbelng aNI key person risks Working dosely wlth the Tmstees. the CEO Iws attenth)n n Ihese areas to ensure that approFfflate risk management PTocedure5 are in pla0. Plans forth• futuro The Trustees a ¢ommllted to nI1)ualY ¥nwoving aTrJ developing acbwties at the BDA to mwmise impact for the putlic benefft. With the arriv of the new CEO. as wen as several new rnembers of the Senior Managèment Team duriNJ the year. the Board reccwise a period of transit is underway as this new leam gets esiablished. 2023-24 therekye hjoks set lo be a star and consdwJalMJn. In parttculw, the BDA11 ex8mine the 5eryices and support it pr9vId lo nwnbgrs and ertswe that memtsership benefts are appropriate and valued by members. BDA training will contiwe to be updated arKI devebped, and sth¢es such as a¢ue¢Jltatlon and assessment be r¢vi¢wgJ effiaery and effective. In additi)n. in the yaar ahèad the BOAill revieAf obsLth lo parttcipat•)n and seek to wnpro¥e Ihe reach ofour Serv85 8rKt ac11vis. This will In¢de the launth of trMJsarig5 to vridon a¢$ lo a$smentS and training. as wew as potential CA)11thatiOnS with other (ganIsationS in ¢xder to broa(Jen outreac. There will be an ongoiThJ foGU5 on inojre genati and deVelownl ordgrlo promde resOLw( to und8rtak8 mor8 eharlt8tA• work. Slatement of TnMtee8' responslbllltkn. The Trustees {who are a150 directors of The Biili5h DY8 Assc¢1811c l¢)r the purposes ol company18w} 8r8 rgsponslble for propamg the Trustees. Report and the financial slaiements in accudance with applicable law and United ngdorn Accounting St8ThJds (Urlted Klr¥J(kMn Gw8ltyA¢ceptsd Acciwnllng Pra1¢&1. Company law requires the Tntee5 lo prepare finan(ial statemenls for each finanoal ypar. Under company law the Trustees rnust nol apo¥e the statThnls unles5 Ihey are satisfied th81 they gwe a true and fair ew of th$ stste of affairs oflhe d)arftablg ¢LNnpany and the Group and of the coming resources and application of resources. induding Ihe incorne and expeNlitwe. of the charitable GiP for that period. In preparing these fingnryal stst9ments. thg Tnjstees arg required to.. SgIF¢t suit8bl8 ants"n9 FxAi¢ies arKI aOy them observe Ihe meth¢>Js 8nd pnncip in the Clw"b"g¥ SORP: make judgements and aUntir9 estimates thgt arwj prudgnL prepare Ihe ffinancial statements on the basis urfgss rt 15 inapproprsate to prgsume that Ihg charitab18 Grp wll conlinue in eratiOn. Page 15
BRMSH DYSLEXIA ASSOCIATION (Acompany Ilmlt•d by guxant••>. TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 PIARCH 2023 The Trustees a responsible for keepiw adequate accounling reo)rds Ihal are suffio.ent to show and explein tha charTrtabl& mpY and thè GroLfJ'S trar¥sactr)ns and dtsclose roasonable accuracy at any lime the finanaal positiorb of the tharitstAe Group and enable Ihem to ensure that the financial slalements comply wlh the Comp8nl8s Act 2006. They are also rosFthIe fcf saf8gLwding the assets of the tharilable company and the Grrmjp aThJ hence for tskwig r8•sc¥ steps INthe (Kov1)n dolothn of fraud and other irrogulariUo$. Dis¢It)l• of lnfornwl1 to audll¢r. Each ofth• parscm who ere Twstèas al th• lim• lthan tt¥$ TrUStS, Rert is approvad has cCfffid that: so far as Ihat Trustee 15 ae. the is no rele1 wjit yrf0m c4whic the tharitaLle Group'8 auditor is unawara. and that Trust88 has tsken 81 the stèps Ihat ought to ha¥0 b8en taken as a Tmsteo in order to be aware of any Infomi8titM nsedj bylh8 charits? Group's auditrx ¢xM)n8et w6th pr8parry its report and lo eslablish Ihal the charitable GrtWP'S &Klitor 1$ 8warn of Ih81 Audltors. The auditor. Jwnes C¢Yr lfreston has indi(ated its wi1ww to Thtinue in offie8. Thè D&sign8t8d Trustees 11 proFose a non re-Br4)Oknt1 the audric at a meeting of the Truslees. This wll be rats"rd al the AGM. Approved by order of the berS ( board ofTrustees siyned on thètr b8hBW ty. Michdle Catt•r¥on Chalr Dal8. E kJOJefvib¢J Cots Page16
IAcompany Ilmll•d by 9{lar1. INDEPENDENT AUDFroirs REPORTTO THE IAEMBERS OF BRITISH DYSLEXIA SoCIATION Oplnlon. We have audited the financial statements of British Dla Associal)n Ithe'parenl chtable cornpan/l it$ Sthsldiartes {th8'9roup'} for thè year and 31 March 2023 which comprisè the consoldated statement of firbanrAal aclmties, the consolhlaled balan¢% sheet, the carly b8larKè shÈÈt. tha Ix)nso]id8tad statemènt of ¢ash fl(MS aNI the related rY>tes. ind(tyJing a summary of significant acLounting pdicaes. The ffinancial repcling frdmework Ihal ha3 been applie(l in th8ir prèpatth is applicable18w and Unrted Kingdom Accounting Standards. IncludiThJ Financial Reporting Starard 102 The Financ1 Reporting Standard applKle the UK and Republi¢ of Ilan(r {UnOted Kingdom GenerAcC8pted Aco)untkng Pr3ctKe). In our opinJn the financial statsmenls: gi a truè and fw vièw of thè slats of lh8 l>w's aThl ofthe parent charl8 compaws affairs a3 at 31 March 2023 and ol the (knup's Inc(MrMng rèsCyJrS and 4)plicalion of msources. indu¢ng its Income expenditure for the then eThYed; have been pioperty prepared in ith Urited Genornly A(wtéd AecounlrvJ practi.. and have been prepared in accordan wilh the Tequwerwts ofthe Compw#es Act 2006 and the Charities Act2011. Basls for oplnlon. We conducted our audll In aecord8nce ith Iniemational Standards on Audiiing (UK) IISAS IUK)) and applicable law. Our resFJnsitheS under Ihose skndards 8fy fiJrthÈr (Jescribod Audiiorfs responsibilities for Ihe audit of the flnancial statements section ofow report. We are independent of the CTOLbP in 8co)rdance with the ethkal requirements that are relevant lo our 8uthI ol the financial statements in the United lQngdom. induding the Flnancial Reporting Cujncil's Ethical Standard, aThJ have fLAfjll•Y our other ethittal rÈsponsltMlitiÈs In rdance t1 reqUMents. We belle¥e that the a111 evJenc8 VE have obtained 15 suffici8nt and appropriate to prowde a basis lor (Njr cyinKn. Con¢lu$loM r¢latlng to golng con. In auditing the fInCkl stalwnents, V*È havè eA)ndudÈd that Tmsta8s' w ottha going COnM bgsis of accounting tn the preparation ofthe finan statements is approate. Based M the work we h8ve performèd, ha¥È not idèntiffi8d any materi81 unc8rtainties relatin9 to èvents or Conditior Ihat. indNwJualy or collectivety. may casl sigiMfKarrt dwbt on the Group's or Ihe parent charitaL4e compan1$ abiltyto continua a$ a gor conwn frx a ofat Ist tw8lve rTh)nths from wh8n finarla1 statements are authISed for isgje. Our responsibltIeS r•sp)nsibikti8s of ts Trnsl88s wilh resp8Ct to cCern ate desclthed in the relevant seclions of this re[rt. Pag8 17
BRrrisH DYSLEXIA A&SOCIATION (A CompY Ilmli•d by guarnnt••). INDEPENDENT AUDITOR8 REPORT TO THE MEM8ERS OF 8RrnSH DYSLEXIA A8SOCIATION (CONTINUED) Other Informatlon. Thè othèr infomiation comprises th• informatKffi induded in the 8nnual rwt otherth8n tho financial stAt8ments and our auditorf8 reprxt thereon. The Twslee5 we re5ponsknle for the other information contained within the annual report. Our opinion on the financial siatemenis do8s rM)t cover the other infom)ation and, except to th8 extent othérwisè Èxplifyuy stsled in our rèrth, I{ oxwèss any form of 888urancè candusion thèrèon. Our responsibility is to read the other infomMtw)n and. in dcing so. cLJnsider whether the other inf0Mlsn is malérlally Inttjnsisknt wth th8 financial slatts or CAJr kn(Ml8dgè obtslned in thè ttjutse of tha 8udli, or olherwse appear5 lo be malerkilly misstated. If hjentify such mateFial inconsistencie5 or apparent malerial misstatements. we arè required to detemiine whelher this gives rise to 8 material Mtatement in the finand81 slatements themselves. If, based on the work we have pIDd, we condude that there 1$ a material mlsstatement of thls other infomwtion. we are required to that fact We have nothing to rewt li thi8 regartj. Oplnlon on ath•r matt•rs pr•scrlb•d by tho Companl•s 2006. tyjr oplnion. b88ed cm Iho undert8ken ri Il ctsjrse of the the infomiation given in the Trustees. report fw the financial year lor which the finandal statements are prgpar8d is corristanl vlilh Ihe finarKial statemènts. Ihe Trustfjes. report has been w9parj in acc09n¢0 Mith 91¢bI$l0gal rwwiromonts. Matt•rs on whlch w• ar• r•quSr•d to r•port by •x¢•ptlon. In thg liyht Df our k and Lrtgf5tarKlvty ol tharitsble ryany arvJ ilsrwironm¢nt obtsingd in the cowse of the audit, have not identified material mrAtalements in the Twstees. let. We have Th)thlng lo rwl In reskvt offv folkn4Ang rrtters in rektkn lo whlch Companlès Act 2006 requl U5 to rew)rt to rf, opinion: the parent chaiitable company has rnt kept adewate and sufficknt accounting reC(dS. cf retums adequate for our audit have not received from branches not visited by us., or the p0nl Charitablg MpaOYf¥K)al ststements are not in agreetnenl Ihe xcwnting re[X$ retums", or certain disdosures of TnBlees' reThwneratsC speuhed bylaw are IVA made,. c we have not received all the infornia explanations V+E require for our audit.. OT th8 Truste WW& Tr)t entiued to wepara the nla1 siatem&nts in accLJrdancè vthh the small companios r8gim8 takè advaAt89È of thè small (Mpani8 èxamplions in prepariThJ th8 TrnSt. rert and from thè rawlr8menl lo prepè a Strateg reKMI R•sponslbllltl•s of trust••8. As explained more fuly In the tsustee8' responsi>rfrt statement. Ihe Ttee& (who are also the director8 01 the charitable company for the purposes of company law) are rnsponsible f th8 preparation of th6 financAal Statements and for being 88ti8fied that they gNe 3 true fair view, and fcK suth intgmal control a$ tho Tnjslees d8temiine is n8c8ssary to enable the pwaratM of fIn¢la1 statements that are free from mat8rial mlsstatsmènL wh8th8f due to fraud or wror. In weparing the fnarrial StaterrnIs. the Trustees are reSIble for assessing the Gro.8 the parent d)arit8bl• c*)mp8nrfs abty to as 8 9)irwJ tx>ncwn. ithscthng. as applicablè. r8lBt8d to going 0)nrn and L(sing the gOg concem basis of ac(ountirvJ wless the Trustees either tend lo bquidate the Group or th8 parent charitable company or to cèase cWMyis. or have no raalisbc 8ttemative but to do so. P•Je18
8RifisH DYSLEXIA ASSOCIATIOM (Aeoftyry Ilmll•d by gu•r•nts•). INDEPENDENT AUOITOR'S REPolT0 THE MEM8ERS OF BRMSH OYSL&XIA ASSOCIATION {CONTINUED) AudIt08 rnsponslbllltles forth• audlt of tho flnanclal stat8mMts. Our objÈclvès ¥e to rtJt•n reasonable 8ssurnn¢e abxrtwhether tha financial stslements 8$ a thole are free from material missiatement. whelher due io fraud or ermr. and to issue an auditorfs rep)rt that indudes our oplnlon. Rèasonable 8ssurancè ts a hi levol of 8ssuwce, but is not a gu8r8nte8 that an audit ndUCted in acc£1rdan with ISAS (UK) WH afrways detect a material Mitatement when it exists. Misstatements can arise from fraud or é¥ror and am corridered Mater . indNldually or In thè aggr8gate. th could reasonably b8 expected to influence the economic decision5 of users taken on Ihe basi5 of Ihese financial slalemenls. Because of thè inher8nt fimiiations of an auth'l. there is g risk th8t not detècl all irr8gularttias, including those leadirg to a material misstatement in the finan statements or nort-wmpliance with regulation. This risk increases the more that compliance wth a law cf regulation is remov&1 from the events and transaclions rèll6et8d in thè flnaneial xlatèments. as wè bè less likèly to become aware of in5tan¢es of non-c4)mpliance. The risk Is also greater regardin9 Irreguliles (K£uning due to fraud rather than error, a$ frwd involves inlentional cJ)ncealment, forgery, collusicffl. omissKn or rrtssrepresentabon. The speafic procedures for Ihis engagnI thatwe de5YJned and pthrmed to delect material misstatements respect of 1TregLarfeS. kxgudin9 fraud. as fdkA¥s'. Enquiry of management arKI those dwged I1h 9)vemCe arnd actual and potenlial lilvJation and claims- Erwuiry ol management arKI thjse tharged governm to hjentify any material irstances of rn. Compliar 1h laws and regulatvjns: Revin0 financial slalement dlsdosurgs arKI testing lo suppcrtwYJ doc¥monlatkn tr> assess ccwnF4ian¢g wrth applicat$ laws and rWguV)S'. PgrforrrMn9 audit wiyk lo the risk crf wregubr1tl dug lo management override of controls. inCdIrj testing oljoumal entries and other adNthts for appropriatenes5. evaluating the business rationale of SignifinI transactions outside the normal cwse of business and re¥n9 accounting e51iFnales for evidence ol tsas. A fvrther descriplion of our rgsponsiblitse5 ft¥the olthe finanrial stateMts is located on the Financial Reporting Council¥ website at" ww.frc. 'bliti8s. This desciytion fornis part ofour auElitoe$ [XYt. Page 19
BRtTISH DYSLEXiAA&SOCIATION IA conwry Ilmlt•d by gurarbt••). INOEPENDENT AUDrroffs REPORT TO THE MEMBERS OF BRMSH DYSLEXIA ASSOCIATION (CONTINUED) Us• ol our r•port. This report is made 501ely to the charitaile Mmpanys members. as a Ix)dy, In vhth Chapter 3 of Part 16 of the Companies Act 2006. and to the Charitab companys Irustees. a5 a tJdy. Part 4 of the Charities IA(wunts a1 RgPOrts1 RegulatK)ns 200B. (r audit Tth has be¢n undertaken so thal we might state to Ihe charitable companys members those matters are reqred to state lo them ir) an report and for rK) other purpose. To the ftdlesl 6xint pemwtted by kw. Th)t wpt or assume responsibtllty lo anyone other than the charitable comparby and lis membe. as a bjty, autht wo. for this report, or for the opinions we havg fomod. IOSL Pe Ahxander Peal B& (Hons) FCA DChA (SonloT Sta Audltw) for aThJ on behajfof Jarn Cowper Krvslon Audlt Charted Accountants and SialutY Ali Reading Bridge House George Street R8ading Berkshire RG1 Date: 20 November 2023
(A ¢onyry Ilmltad by guwants•l. CONSOLIDATED STATEMENT OF FINANCtAL ACTMTIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 IAARCH 2023 R•8trl¢t¢d Unr•strl¢tsd funds funds X123 2023 Total fvnds 2023 Total lurKI$ 2022 Income from: Donath?ns and legaues Chadlable acbwties= Rèsources from oov8rnmtt public aulhMlle8 PUbltIonS Conferonces and trainin9 Mgrnborship in¢ome Other tradi activrflès: Fundraising Trading a(aiwI$ olher trajlng aclfvths Invèstrm8nts 57.985 57.985 2.731 22.995 24,517 906,338 134,932 18254 1.194.137 141325 18,254 1.194M77 146.325 740 49.195 798.840 461.781 15 461 .781 15 192 Other in(x)me Total Income 740 1.948,600 1,949,340 2.229,240 Exyndltur• )n: Raisiro lurnjs.. Voluntary income fvThalshYJ costs 125.076 298.954 16.735 125.076 298.954 16.735 8S,230 368,198 46.958 Tr8dSng subsidAry ¢osts Other costs of tradlng Charitable aclivithes.. Membership, and informalKn Projects leducatton and wality mark) ferences and trairing Govemance rosts 376.023 28.352 1.303.478 23.891 376.023 56.633 1.303A78 23.891 400.552 153.382 1,[5,180 8.950 28.281 ToLIl •xp•ndlture 28281 1172.509 2.200,Tg0 2,128.450 Net lexpendlture)nncome 127.541) {223.909) {251A501 100,790 N•t mov•mont In funds. 127.541) {223.909) 1251AS01 100,Tr) R•corKillallon ot lund$.' Total lunits broh1 f(Kward Nel movern8nt in 208.276 127.5411 1.171.163 {251,4501 1.070.3n 100,790 {223.909) Totsl funds ¢arrF•d forward: 180.735 738.978 919,713 1,171.163 The rK*tes on pages 25 to 42 lomi part of these financ4al slatements. PaJe 21
(A eC•mpany Ilmlt•d by guarnnt••k REGISTERED MUIIBER: 01830587 CONSOLIDATED BALANCE SHEEr AS AT 31 MARCH 2023 2023 2022 Hx•d a8s•ts Tangibl8 assets 10 19.665 23,786 19,665 23,786 Current assets Debtors 12 148.823 1.609.307 143.290 1,751,184 Cash at bank and in hwKI 1.758.130 1.&J4.474 Creditots: amwnts fallYwJ duè w#Nn onè 13 1058.082) 1747.097) Net cuThent assets 1,147.377 Total assèts I$ cuTrnt1Sabllltles 919,713 1,171,163 Totsl n•t assets 919.713 1.171.163 Charfty funds Restrithd fvrs Unrestrtctèd funds 15 15 180.735 738.978 208,276 962,887 Total funds 919.713 1.171,163 The Trustees ad[Dedge their respMsltAUll8s for tmth the requir8m8nts of th8 Act wilh resp8ck lo accounting records and preparation of finaal staterwts. The ffir131aI slatements have teen a¢([rdae *ith the 8ppIIc8bl8 to èndtlès subl8¢t lo the small wwy¥nies regi. The dir15 have oiethd for fv finan¢AI slatennIS to be audrted in ar£ord wlh the Companies Act The fina1 slalements were approved ar¥J gutt¥yj kn issu9 byts Twstoos and slgned on Ihelr bohalf by. Mlch•lh Catt•rson Chair ale Trustee The notes on pages 25 to 42 lon part ofthe8e fina1 slatsm
IA company Ilm6t•d by guarant•• REGISTERED NUMBEK. 01830587 AS AT 31 MARCH 2023 2023 2022 Flx•d a8s•ts Tangible assets Investm 10 19,665 23.786 11 19.667 23.788 Curront assets Debtors Cash al bk ond in hand 12 310246 1.351.060 509,036 1.258.852 1.661.306 1.767,888 Credito. )ur5 faling due *ithin one 13 (761,258) IF20.5111 N•t curr•nt as••ts 1,147,377 Total assots h$$ ¢urrnnt Il•blll¢l•s 919.715 1.171.165 Total n•t ass•ts 919.715 1.171.165 Ch•rity ndS Restricted ftJnd8 15 110,735 208,276 962,889 Unrestrict8d tunds 15 Total fund¥ 919,715 1.171.165 The Tnjstees aCknlAadge thdr respLwblities for c4M¥45fjng wilh the requirements ol the Act Mlh respect lo ajnting records and preparatK)n off¥)an¢tyl ststomènts. The financial stalernents have been pwred in wilh lh8 wovtslons apNtrAbl8 to entities subi8Ct to the small Compa regime. The financia statemenis were approved and authori5ed kn issue by the Trustees and signed on their behalf by. W,LLQ C Ml¢hell• Catt6rnon Chair D8te- Tlmoth Trustee al• The notes on pago$ 25 trj 42 fm p•1 ofthese finaTrial slalements.
BRMSH DYSLEXIA ASSOCIATION IA compary Ilmlt•d by guarant••). CONSOLKIATED STATEMEKf OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 ash flo from op•ratlng a¢il¥ltkns Net cash used In operating actmthgs 18 1134.292) 96.374 Cash flt)ws from Inwstlng a¢tl Divldends. interests and nts knvesl*nts Pur ofl#ngitrA8 fixéd assets 2.459 {10.0441 192 (15,582) N•1 ¢a$h u8•d In Imivtlng a¢tlvllO•s 17.5851 {15.39Q} Change In cash and cash •qulvaknts In thè y•ar Cash and cash 8qUNalgnts at the beginn#vJ of thg 1141,877) 1,751,184 80,984 1.670.200 Ca8h and cash equlvalents at the end ofthe year 19 1.809.307 1.751,184 The notes on paS 25 to 42 fonrb Pwt otthe5e ffinwK4al StatetS Pagg 24
(Acompw Ilmlt•d by gurnnt••l. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 A¢untIng poll¢loS. 1.1 Basls of pro1•flOn olflnan¢ial •tatoments. The StaternS havg bw) prepared in acc¥)rdance wrfh the Charifjes SORP IFRS 1021- Acco19 and Reporting by Charities: Statement of Recommended Practice applicaNe to charities prepaving ther aCCoLts in accordance wAh the Fina31 Rgwtn9 Standard appk'Cab in thg UK arxl RepublK of Ireland (FRS 102) leffeclTve 1 Jarwary 20151, Ihe Finanrial ReporUrvJ Starmlard appliCae In Ihe UK Republic of treland (FRS 102) and the Companies Ad 2006. The Biiti5h Offtxia Associ1)n meets the defmthn ol a benefft entity under FRS 102. Assets and liabllts aro Inrflally recwMs8d al his1otK cost w trans8dion v4ug unless staleil i the rdevanl a(ZOLntirKJ polKy. The consotidated State1 of financaal act85 (SOFA) arnl cons(4idaled balance sheet consob'dats the finanaal statements of the Chaiity and its gjbsidiary undertaknng. The results of ihe subsidiary are (x)n8rJidaled on 8 lino by lino baw. The Charity has lakth of èx8nwtion xlkitd utsJ&r $8clKin 408 of CcAnpanl88 Act 2006 and has t wesented its ry•m slalemenl offinanoaf athitss in Ihese financial stalements. 1.2 Fund a¢¢ounti Genèral lunds arè untrthd lunds 4M¢h arè 8valatrAe for use at Ihe discreti tsf the Trustees in rlherance of the ot¥e(aives of the Grrmjp and whth have rw)t bean d8sign818d fv)r other rAwposes. Restricted funds arg fuNls ¥bh are to in 8cC(xd ilh sp8dfic r8str1c1n9 Impo$8d by d¢mrs or which have been rSed by the Group f( parIar purposes. The costs of Taising and atrninislering such funds are charged agairnst the spef fund. The and use of each restrkted fund Is set out in the notes to the finwxial stsIeftts. 1.3 Ba8ls of eonsolldatlon. The financlaj statnts rn$0 the aco)unts of Brllish Dyslexk4 ASlatIon and au of its subsidiary urKlertthrBJs {sub5wJiaries'l. The Ch*ity ha5 taken adVante of the exempti( contained 5ectK)n Section 408 of the Compantes Act 2006 not to wewt its (Nm Ir aThJ Expenditwe h£counL The irm aThJ expendfftjre account for the dealt with in ts accounts of the Charity was deficrt of £251.45012022: surplus of £1.7). Pag8 25
BRMSH DYSLEXIAA%SOCIATION (A company Ilmlt•d by guarants•l. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2023 eountlng polkl•s. (contInd 1.4 Incomlng mour Glft Ald. Th8 subdd18ry ¢knat8s al of Its taxablt wofits undw Grft Akl to th8 charlty. Thè statLrtory income expenditure acr%t kn the sub5idiwy 15 disthsed in the notes to the financial statements. Oonatlons and gran Donations and grants rnade available for ts ywal pU)seS of the Charity are (Jedited lo Income on a recAvable basis. L•gacy Incom•. Legacy income is accounted for on a recetved basis or. rf Tlpt bec$ reaxfflably certain and is measurlg wrfh suffi(ignl reabIty. a rpceivab18 bas1S. PlI¢•110n¥. Incom8 from publications is recogmsed on a r8c8ivatl8 basis in thg period in which a publcation Is l>sugd 8nd represents inc(Mne frorn Ihe Sa of educational and promotion811it8ratur8 8nd advertising Conf•r•ncos •nd tralnlng. lrtcomè from eAinfÉranrAs reMts recNed from the delivery of confn%$ #nd training courses. Costs are incjmd in the of these events. Income is accounted for (m a r8C8iV8bkq basls 8x(wt whÉrè incA)mÈ Èxpndilure do not in the same p8rKJd, wi which Case the ints)me t5 deferr•J rrtch expwwyilure. Momborshlp Income. Memt$hiP kKom¢ accounted for 8 receiwabk basis and represents rnemberslwp fees arKI subscrip11c inrne fmm members. 11 is le¥ at thfferent rates accordwo to the tevel of Involvement of Iho mwnber and Ihe amwnl of wfftJmwtK)n received. r•¥1 rl¥abl¢. Interest on ftmds held on de1 is ttn re(lv8ble and tha amount can bè mè8sur8d reli&)ty by Ihe Chlty,. this 15 norrnty notifKabon ofthe interest paid or payable bylhe Bank. Donat•d $•r¥I¢ •nd f•¢llttl• Donated or faclltl•s are In rosLxffeas thg bèrèfft to the tharlty Is reaablY quarbtifiable measurable. They are Valued by the trustees al thè *nount the charity wjId have be8n to pay for Iha s8r¥wx crf facihties on tha open markel.
BRMSH DYSLEXIAASSOCIATION (Acompany Ilmlt•d by guarant•• NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 IAARCH 2023 A¢¢ountitrvJ P0cl•s. (tIn 1A Incomlng r•sOUrc {contlnu•d) D•ferr•d in. Whèrè it is dear that thè dorTh inl8nd&d thÈ InM& or gt8nt to bè used ovèr 8 fixed p8riod of time on SP8ofic project and as a result Ihe Tnjslees have rK dis(¥etion as to when the funds YAI be èxpèndèd. these lunds wll treatad as défèrred Incom8 8nd r818ased to th• Statement of FinancAal Aththes to match the expendiiure. 1.5 Resources expended. Islng fvnd$. Fund raising and pulAiLaty evnd1lu retesents tho dlre¢l ¢osts of neralIn9 funds and Indudes the SaleS and other direct costs of the [W[als1r¥j staff as as an allocatson of premises arKI overhwl cosls. Charltabl• wp•ndltu Chaiitable expeTrditU has been alkated to match Ihe re¥erwJe eamed vtherever possible and indwles an allOcath of persiyK] wsts ov•lwd o)sts app15¢able. Charrtablo Hewlne. Helpline costs relale to the (yeralK7n of 8.DA. Heline. Thgy indude vrdges and sala$. trainlng. telephone. assocrdted wemises rsts aTrJ clher sundry items. Development. Deveh)prnent St5 CkId8 expeThYitwe incurred in SUPkM)rting Lo¢•1 Asswotions and othgr form$ membership. as wem as tho costs ofthe ethjcalion departmenL Support costs. Support costs represent overhe•ts. pr8mi8e5 e¢>sts artd w8g8s and Salariès of 8uprKJrt staff without W1h lh8 eth8nty not te able to achiwe ils 0tr4ectiv8s. The &)sts have b88n allocated on a proporth?nale ba Governance costs. These (xts relate to the experlditure in respect of personnel. premises and ovgrhoads whlch Can b8 Irectly attritrrt lo the management cllhe tharity. as opw5ed to ttThe irred in bjrtherance of its otsje(as. Irre¢ov•rable VAT. Irr9o)v¢rablg VAT is ag0wl the catw of resources experbjed for vthlch rt was irjIred. Comparatlv• amount Alkncaknns of salary. preffSes and rkwecmfion costs are eac year to en5we that these costs conlinue to 9ralY asswd by furthn. Pag8 27
BRMSH DYSLEXIA&0C1AT1OM {A company Ilnfft•d ty wrnnt••l. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2023 A¢¢ountlng poli¢ies. {¢onIlrKd) 1.5 R•sourc•s •xp•nd•d. Icontlnu•d) ExpeThlibJre on raNng fuTrts ludeS all expeThJtse incurred by the GrJP to raise ffijnds for it8 L8rit8blg purwsgs in¢kths ¢osls ofal fvndraigry actmlw evgnts arKJ nM-tharilai4e trathng. ExpditUre on ch8ritabt8 aebvili•s is on dnclly undertaking th8 ac11v•S 4thich further thè Group's ci)iecbve8, as as anyassoc4aled ¢>)sts. 1.6 T•milnatlon paym•nts. Tamilnatlon b8nèfils ¥e induded as an èxpènsè in thè Slatemènt of Flnwi81 Activthès and a Ilablllty is incurred when there is a forn1 Flan lo terminate the employrnent of an employee or group of 8mployees Wore nomial rellr8nnt data. Temiination paymènts arè measurèd at th8 b8st 8Stlmat8 of the expeThJrture that wouhj te requirgj io setue the otA3athJn al the reportiThJ date. 1.7 Tangible fixed aSts and depreciation. TarvJible fwed assets we carried al c05L net of depre¢iatw)n any prow3ion for impairnienL Depreciat)n is provbjed at rates caculated to lts off the cost of fL¥ assels. less their estimat&J resfthal value. overlhtr exk*ded useftA lsves. DeprecaatM)n is provhJed on the bases: Short Term Leasehold Property . Strawht lir Fixtures and fittings - 20% Straight I Computer g(pJipme - 33.3% Slravjht li
BRMSH DYSLEXIAASSOCIATION (Aeonyry Ilmlt•d by guarantéè). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MIRCH 2023 ¢ountiNJ Poll¢les. (¢ontlnwd) 1.8 Inv•stffl•nt& Investments in subsidiwi&s are vdued at ¢)Jst tess provision kn irnpairment. 1S Sti>cks. Slo¢k$ We valued ai the lo1 of cost ar nel realte yak after making the allowance for obsolete arbj Slow7n9 stocks. Cosl inckhles dwect costs and an appropriate proportion offixed and vadatAe overheads. 1.10 D•btors. Trade a1 ots dettrs are re¢L•Jnised at setllern amount after any trade discount offered. PrepayThents are valued al the rKnI nel ofany trade disc(ts due. 1.11 Cash at bank In hand. Cash * bank ond n hoThJ indth cash ond slwJt4em hwjhty rlId Investrnents th a SPrI m8turfty of ttrne ThnthS or less trn the date of acquith iy operiryj of the deposit or similar account. 1.12 crlt01$. Liabililias 8r8 rncognksed Ih8rn is an obli0n at thè Balan( Shèèt date as a resLAt of a past event. it is prObae Ihat a Irartsfer of economK benefii wll be required in settlement, and the arnount of the setuement Gqn estimated rdlaw. Llabilitr8s are reCnIsed at the amount that thè Ch8rlty anti¢ip8t•$ it will pay to setue the debt c the tnt it has re¢eNod 8$ advan¢od paymonts for the )ods or seNics il must ptovide. 1.13 FlnancSal Ingtrwnents. The Grcwp has assets aTrJ financi liablties of a kind that walify as basic fsnancral instruments. Basic finandal lnstnjwIts are InIallY CognIsed at transadon value and subsequently meaSUd al thelr setderr*nl value with the exception of ba{ h)ans vthi¢h are $ubsequ6nlly rneasured at amorbsed cost using the effective interest method. 1.14 Contrlbutlons to penslon fund The Charty operates a defined contri pensh)n scheme and the pension charge represents the amounts payable by thg Charity to the in respect of Ihe year. 1.15 Loaw. Rentas paid under op8rating l•as8s arè to th8 consokdated slatemanl of finanrial activitiès on a straight line basis ovèr thè lÈÈse temi.
{A COMpY Ilmlt•d by guaranta•l. NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2023 Judgments In apptyOThg aceountlno pollchs and k•y sources of estlmatlon uncertalnty. The preparatwjn ol the fman¢ial slatements reQre5 managemenl to make judgrnents, e$limal8s and assumpti(5 that affect the ounts rep)rtod for assets and liatrAlties as at the baance sheet date and the amc4Jnts ported lor revenues and expertses during tr yE8r. However, the natura ol è8tlmath)n rne5 that oulcom¢s 1 differ from those estimates. The following judgments {apart from thos invdwing estimalesl have had the most symficant effect on aMots rwnlsed In the flnancial trtents. Critical aGwnting estwnotes arHI assuiW•Jns: Bad dabts. UsirwJ inforynation 8vailA8 at Ihe TJ*¢. the Charity makes judgments based C expeTi8nce regarding the levd ol PTOV7sion reque to acc(MJnt f(K Fotsntially Colle(lIble debtors. In¢om• from donall¢n$ and 1•9a¢l•s. Unr•strl¢lod funds 2023 Totsl fund 2023 Total funds 2022 Donat•)n8 57,985 57,985 290.731 Total 2022 290.73I 29D.731 InvoStm•nt kn¢omè. Unrestrlcted fund5 2023 Totsl fvnd$ 2023 Total ftJnd$ 2022 Barth intsrest 2.459 2,459 192 Total 2022 192 192 Page 30
(Aconyary Ilmltsd by guavant••). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ComMercSal tradlng operattom. The Chanty has wholly owned tradiTrJ subsNlw, B.DA (kniliatsves) Lwnlted is reglstered In Ihe UK. Its purpose is to organise fvThJraisiry events and sdl thertisiThJ to raise revenue for the charity. Th mparry passes ils taxable Fthls lo the charity mler Grft Aid. 2023 2022 Profit and loss accounL Tumovér 461.781 798,820 1293,165) {536.923) Cost of sates Gross profft Other owating incomè Adminislratlve expenses 168.616 261,897 {S,790 12,256} OperatirwJ profft Interest payable and swnlar chanJes 162,826 261.141 Nel pmfil Glft aKI donations to the Biiush A%sociakn Trarfer to reserves 163,094 261,161 1163.0941 1261.1611 fncomel {expendlturnD. Thls Ss stst8d after charyiThJ: 2023 2022 Depwiatlon 01tl4e ed assets- ovm&J by Ihe tharitabl& gr{P 13.064 11,124 AUditS remuneration . audit services 13,760 9,280 Pagg 31
BRMSH DYSLEXIAA&8OCIATION (Aeompany Ilmlt•d by guaraTht••). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysls of total •xp•nthtuv•. Dlr•el Staff Support Oth•r DIT•Ct Total funds 2023 Totol funds 2022 2023 2023 2023 Ralslng funds Voluntary kncome a1 furnlraising Commercial tra(lin9 Other tradiNJ SIS 40.628 50,973 41.352 82.704 6,891 43.096 165.277 1206 125.076 298.954 1¢735 85.230 368.198 46.958 1.239 130.947 209.579 44D.765 s.386 Charitable activllies Membership. pohcy aTrJ inforMan projects Projects lethjcalion. qualty mark) Confewww and trair Governan Msts 135.687 127,502 112,834 374orJ 4,552 40.619 791.755 10,337 420.413 5.677 91.310 23.891 153,382 1.065,180 8,950 1,303,478 23.891 1.(8.3crf) 689.199 443.291 2.200.790 2,128,450 TO1 2022 1,130.030 413.536 ,884 2.128.450 Page 32
BRrrisH DYSLEXIA ASSOCIATION (A ¢onl>a Ilmlted by warnntsol. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MCH 2023 Support cos ma•ting & Management ¢ommunlcation$ Flnanc• & ov•rh•ad Total lunds 2023 Total funds 2022 2023 2023 2023 VolLmtary incomo fuTrJraiwrvJ Commercial tradw operatkms Other trading sts Membership, aNJ infomwtion 10.274 11.828 19250 41,352 20.332 23.656 1.971 38.500 3.208 82.704 6.891 1,712 11.202 31.678 36.470 127.SD2 95.554 Projects (educalK. qLralty mark) Confer8nc8s and training 2.957 120.252 4,812 195.709 10.337 420.413 32,344 254.104 104.452 171.232 197.134 320.833 689.199 413.536 Toial 2022 181.251 232.285 413,536 Trustees and •mploy•8& 2023 2022 Wages arKI sakdes Soc4al sety costs Ponslon cosls 1366,349 122,063 63.740 1.132277 59,821 1.451152 1.291.663 No Twuslee or any parly related lo thom rece any romuneraufm thJrfng Ihe perk)d. Out of pocket expenses tolalling £2.505 12022: £542) in respeLa of travelkng, sub5iStence and leleFIKJne tharges. &SSQLiated Ih? r1j of dwty We rdmbursed lo 6 TnBlee$12022.' 4 Trustoesl. 0 ompkJyFg rFceiYod rprrwrWatM in of £70.000 . £80.000 12022.1 been £70.000 - £80.000). Penwn pad behtof thi5 emkn totalknd £NI12022.' 3,fAK)). The average nLwnber of persons empk)JTrd by the (arrty dur•)g tho 8r was 47120ZZ.. 45 restated) of vthich 2012022." 19) were lime aThJ 27 (2022.. 261 re part twne. The full lime equivalent of the part b'me slaff 17 (2022.. 111. Tv+X) employee5 vRre made I191 Ihe Jpar (2022.. Nil) Page 33
8RmsH DYSLEXIA ASSOCIATION IA eompwry Ilmlt•d by guaranté•l. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 2022 Chief exetijlive Corrference and 8ve4 Funthaising Markethng & communicat*)ns Professrtywl prgcl¢e 41 45 Duriro the year rermernthm P8pJ to koy managemenl totalled £366.88112022.. £270.508). 10. Tanglbl• flxod ass•ts. Group and Charlty Flxturns and Compuhr rIngS •qulpmènt Total Cost or valuatlon At 1 Aprm 2022 Addllions Di%posal8 78.547 10.044 (2.994) 78.931 10,044 12.9941 At 31 March 2023 384 85.597 85.981 At 1 April 2022 Chargo f(Y the year On disposals 333 54.812 13.013 (1.8931 55.145 13.064 {1.893) At 31 Mawh 2023 932 66.316 Not Iwok v•lu• Al 31 Mard> 2023 19.665 19.665 Al 31 March 2022 51 23,T35 23,786
IA company Ilmlt•d by guarnnt•e}. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 11. Flx•d as••1 I0¥•$thnts. Inv•strnents In subgidiary companles Charlty Cost or ¥aluatioTh At 1 Aw'l 2022 At 31 Marth 2023 N•t book val At 31 Marth 2023 At 31 March 2022 Prlnclpal sub5kllarfes. The folloWg was a bSrary ¢¥Vyj ofthe Charty. Class of shares Holdlng Includ&d In ¢on$olldation B.OA (Initiatives) LiThMted The frla1 resdts d the subsclaryfor Ihe Jwwwe". Namg In¢om* EXpdtur0 ProflVILossl for the y N•t assots 8.D.A Ilrmliatives) Limited 461049 (298.955) 163.094 Pagg 35
BRITISH DYSLEXIAA&8OCIATION IA lIm6t by guarant••l. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 12. Dthorn. Group 2023 Group 2022 Charfty 2023 Charity 2022 Du• wllhln ene year Trade debtors Amounts (M8d bywp undértak¥ Other debto PrepasThents and aCcnd income 86.332 85.422 $8,$73 193,480 9,810 48.383 42,462 412,322 9.810 51681 57.868 54,252 148.823 143,290 310.246 509,036 13. Cr•dltors: knounts falllng due Tlthln om y. Group 2023 Group 2022 Charlty 2023 Charity 2022 Trade creditS Olher taxauon and gxlal secuiity Other creditor5 Accnt and dofwred incc 16.302 46.527 11.407 672,861 42.730 28.884 11.591 678.073 16,302 29,497 11,407 563,305 41.IM8 11.589 757.045 858.082 747.097 761.258 620.511 Page 36
IA ¢ompany 11ml1 by guarnnt••). NOTES TO THE FINANcL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 14. Certakn grant aThJ other Incne knduded vthh -Accruals and Deferred Income- In Note 13, is recognlsed when the Llejivery of a specrfic performance relatirvJ to the IncA)m8 has been a¢hleved. Movement on defeffed ir( balwThs dLNWYJ the yaar e set oui tetw. A¥atl April 2Q22 Rec•lved Tolal funds R•leased Train1 cc*Jrse5 Assessments 493.759 49.705 913 864.432 253.854 36,883 41,119 52,236 {786.933) (256,513) {24.749) (43,482} {49.8061 Sf12S8 47,046 13.047 53,186 26.665 Confèrènces OCN fees 24235 624.161 1.248.524 {1.161.4831 711.202 P4e 37
BRMSH DYSLEXIAASSOCIATION (Ae(Mnpany Ilmltad by guaranto01. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31141ARCH 2023 1& Stst•m•nt of fvnds. Stat•m•Tht of funds- curv•nt y•ar. Balanu at 1 Aprll 2022 Ine<MM Expandlr8 Tran$forn Balan¢• 8t 31 Inlout March 2023 General FLmds 961B87 1,948,fjQO 11171509) 736,978 Restr1¢1 fvnds ChildTh Will Shine Constable Education Trust othor dcfflations Hdplln Malp88 ¥S16 12S.327 21497 740 {4.9201 {22,6311 r1301 30,336 102,696 23,767 6,773 17.163 17,163 208276 740 128,281) 180,735 Total of lunds 1.171.163 1J49.340 (1200.7Y)) 919.713 Children Will Shirn - to after schcd oWg¥k wotshops for chSldren. led by spedallst teachws. cOrtable Education Twsl - lo onkne resour5 for parwts and rerS lo SUPPL¥t dyslFXi¢ lewner5 With literacy al h)me. H&lplin8- to SUFWrt our nalicffial h8tFline. pn)vkllng free advKe to wrnbers ofthe gera1 publc. Other - various donatKJns Io SUFPCfft chihen ith d6x in local areas. and to faalitate the diagnosis of dysléxia. mal- to dèvehp onlw* rurceS parents arnl Caro to support dysloxi¢19ornors vAth litora at home.
BRMSH DYSLEXIA ASSOCIATION (A ¢omp•ny Ilmlt•d ty guaMnt••). NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 PIARCH 2D23 15. Stat•m•nt ol lunds Icontlnu•d) Stat•m•nt of funds. prlor y•ar. 881ance at 31 March 2022 Baknc* at 1 2021 As restated Transfers Income Endbre inlout General Ful 636, 2,228.510 12.102,419) 962,887 Restrlcted funds Children Will Shine 37.250 143,354 22.738 13.072 17.163 730 (3.464} 118.027) (4.115} (4251 34.516 125.327 24.497 6.773 17,163 Constable Education Other datiOnS Hdpllne Molpas 5,874 15.874) 233.57T 126.0311 208,276 Total of funds 1.070.373 2,729.240 12.128.450) 1.171.163 16. Summary olfunds. Summ•ry offvnds • current yw. Balance at 1 Aprll 2022 8alance a¢ 31 Expendlturn March 2023 Incorn• General fvnds Restricted funds 962.887 1.948.6(h) {2,172,$091 208.276 740 128.2a1} 738,978 180.735 1.171.163 1.949,340 {2.200.7901 919,713 Page 39
BRMSH DYSLENASsoCTroN (A ¢¢mp•y Ilmlt•d by guwt••l. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 PAfvACH 2023 16. Surnrnary ol lunds Icontlnueql) Summary ollunds- PTiQf yoar. Balancè at 31 March 2022 Balan at 1 April 2021 As roslated Transfers IrKxJme Expenditure inloul General funds Restricted funds 836.7 233.571 2228.510 11102.419) 730 126.031) 962,887 208.276 1.070.373 2.229,240 12.128.450) 1,171.163 17. Analysls of not ass•ts betw• fund& Anatysls of not assots funds. ¢urT•nt wlod. R•8trktod Unrestrlcted fun(ls funds 2023 2023 ToLl funds 2023 Tar¥JltAe ILxed assets CuThent assets Cr&Jitors (Je within one s 19.665 19,665 1.577.395 1.758.130 1858,082) (858.0821 180.735 Totsl 180.735 738.978 919.713 Restrict Unreslrided fvnds funds 2022 2022 Total funds 2022 Tangle ftted assets Current assets Creditors due vthin one >par 23.786 23,786 1,686.198 1.894.474 1747.097) (747,097) 208.276 Total 208.276 962.887 1,171,163
(A¢ompany IlmSt•d by guarant•• NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 R•conelllatlon of n•t mt)v•m•nt In funds to n•t cash flow frnm op•ratlng actlvltt•s. Group 2023 Group 2022 Net incomelexperKJiture for thg las Per Slalemort of FlrArvSal AGtivities} (251AS0) 100,790 Adjustments for. Dèpre¢i8tion tharges Interest from investments 13.064 (2.4591 1,101 (5.5331 110.985 11.124 {192) Loss on the sa18 offix8d assets Decreasellln¢reasg1 In debtors Incre88ellde¢r8a8el in c¥editors 17,097 (32.445) Not ¢a$h yovld•d byl(us•d In) operattTrg aclml 11¥2921 %,374 19. Anilysh of •KI ¢•sh oqulv•lwts. Group 2023 Group 2022 Cesh In hand 1,609,307 1.751.184 Total ca$h •nd ¢•8h •qulvalents 1.609.307 1.751.184 Analysis of ¢hang•s In n•t dobL At1WI 2022 At31 March 2023 Cash flows Cash at bank and In hand 1,751,184 1141,8771 1,609,307 1.751.184 1141.8771 1.609.307 21. P•nsion ¢ommltm•n The charity contributes to th8 rsOnal p8nsKffi rAans ol (rtain of ils employ88s. whith are held in defined contribution schem&s. Contn"butiorts are tharged the finarKial statem8nts on an accruals basis and there were £9.516 {2022: £9.3341 of outsl8nding (x)ntrJutiLVts al balan¢e Sheet date. Penskffl wsts charged in the yeorvme £63.740 (2022.. £60.969). Page 41
BRMSH OYSLEXIAASSOCIATIOM (ACOMnY Ilfflltod by guw¥nt••k NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Op•ratlng le¢ commitm At 31 M8rch 2023 the Group arxl Clwty had ¢c¢))nNtiMts to make fure mlnimuffl le858 payinents Lnder nonwcancelIab operatg leases as folhxB: Group 2023 (knp Charlty 2022 21)23 Charbty 2022 Not later than 1 Later than l year not later 24916 29.041 28.730 24,916 29.041 28.730 ¥916 57.771 24,916 57,771 Related party transactlons. DurirvJ the year. there were Th) refaled partytrarts8¢tion$ otrwthan folowing". ReimtrseMont of exp8nses incjjrred by certain Twslees the furtheran of Iheir acbth as Twustee$1s8e rK)le 91. Donations from TnJst88S tolallrg £1.668. Page 42