## ## ## |
needs ofour families|||||| |---|---|---|---|---|---| |Our 2020/21
lans||Our 2020/21 achievements|||| |To continue to review our models of||We continue
to provide
'Outstanding'
services||to|| |education
for all services to ensure that we||children
with hearing loss and their|families from all||| |use best practice in our teaching strategies||across the South of England
(either on-site or||via|| |and techniques||Teams and Zoom as covid restrictions
allowed);|||| |To build skills and knowledge
across|our|all children receive termly
individual|education|plans|| |team so that we can consistently
provide||and parents are updated
regularly|with achievements||| |accurate,
quantitative
and qualitative|data|and 'next-steps';
we are prepared|for our next|Ofsted|| |to evidence the impact of our work||visit for accreditation.|||| |To involve and engage parents and|past|We kept
in touch with all families|during the full||| |service-users||lockdown
periods, and we offered|tele-therapy,|parent|| |To partner
with professional
organisations||education
sessions and other services where||possible|| |to ensure
that families receive the highest||on Zoom.
We provided
weekly activities and||materials|| |level ofsupport||for parents to support
their child's|skill development||at| |||home|||| ## |Our|2020/21|lans|continued|continued||||Our 2020/21 achievements
continued| |---|---|---|---|---|---|---|---|---| ||To strengthen||our partnerships|||with key||We laid the groundwork
for successful
I CAN| ||stakeholders||who collate||and publish|||accreditation
early
in 2021/22| ||evidence|ofthe needs||of|children||with|Support groups are well attended
face-to-face| ||hearing|loss,|its long-term||impact||and the|and through
virtual sessions and have received| ||difference that early intervention||||||can achieve|positive report of impact| ||To safeguard||our beneficiaries|||and staff||Some conferences
with other sector| ||through|our embedded||culture,||processes,||organisations
were cancelled
but others moved| ||protocols|and|reporting|mechanisms||||online, and we attended
virtual sessions| |||||||||Education
staff attended
training session on a| |||||||||variety oftopics throughout
the year, with no| |||||||||cost or minimal cost to the charity. Staff| |||||||||attended
OU Early Years Courses| |||||||||We also gave presentations
at NDCS training| |||||||||days| |||||||||TEFtook part
in two research studies
during| |||||||||the year: we continued
to work with UCL on| |||||||||their language
and literacy project; and we| |||||||||attended
board meetings
ofthe parent-child| |||||||||interaction
study.| |||||||||We continue to work closely with National
Deaf| |||||||||Children's
Society, Ewing Foundation,| |||||||||Advanced
Bionics, Cochlear, and Auditory| |||||||||Verbal UK - likeminded
charities
and| |||||||||businesses
that are all working
towards
similar| |||||||||goals of supporting
families
with deaf children| |||||||||We reviewed
our Safeguarding
policy and| |||||||||procedure
through
two independent| |||||||||assessment
processes —Portsmouth
Compact| |||||||||and Comic Relief
olic
audit| ## ## ## |Goal|3:To div|ersify|ersify||fun|draisin|g||to de|li|ve|r|service|s and maintain
our facilities|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Our|2020/21|lans||||||||||||Our 2020/21 achievements|| ||To develop||and diversify||||The||Elizabeth|||||Expert volunteers
have been recruited
to assist|| ||Foundation's|||portfolio of|||income|||||||with administration,
virtual and digital strategy|| ||To raise awareness|||||ofThe||Elizabeth||||||and development
work, but the scope for event-|| ||Foundation||both locally and|||||nationally,||||||based volunteering
has been constrained
by|| ||developing||new sponsorship||||||plafforms||||and|the pandemic|| ||increasing||our||volunteer||base.|||||||We kept up to date with latest fundraising|| ||To build strong||||relationships||||with|past,||||trends through
Facebook fundraisers
Page,|| ||current and||new supporters|||||and grant||||making||Third Sector publications,
Charity Commission|| ||trusts
in order|||to maintain|||and widen|||||interest||guidance
and the Institute
of Fundraising|| ||and support||for our|||work.||||||||Preparations
for our fortieth anniversary
were|| ||To develop||professional||||networks|||and||||begun.|| ||corporate|engagement
to promote||||||||giving and||||Relationship-building
initiatives
have
included|| ||volunteering||by businesses|||||and individuals.||||||regular updates
to donors across the fundraising|| ||Develop community|||||engagement||||and||||spectrum
and where safe/possible
meeting. with|| ||awareness||in|order||to promote our|||||work to a|||supporters
in our outdoor
areas
(adhering|to| ||local audience,||||increase||donations||||and|||social distancing
guidelines)|| ||volunteering.|||||||||||||We planned
activities and tasks for volunteers|| ||Maintain|&|develop|||key relationships||||||with||in 2020-21 to maximise
their engagement
&|| ||grant funders|||to raise awareness||||||ofour||||efficiency and identify new volunteer|| ||services,
channels|contribute
to positive marketing
and secure income.||||||||||||opportunities.
In the absence oflarge-scale events,
many|| |||||||||||||||supporters
took up the challenge of individual|| |||||||||||||||fundraising
to great effect.|| |||||||||||||||We participated
in face toface community|| |||||||||||||||networks
through
the BNI and Linkedln Local—|| |||||||||||||||generating
awareness
and new fundraising|| |||||||||||||||partnerships.|| |||||||||||||||We have delivered
presentations
on our work|| |||||||||||||||across our supporter
base via zoom and teams.|| |||||||||||||||Face-to-face fundraising,
most community|| |||||||||||||||engagement,
and much ofour work to develop|| |||||||||||||||relationships
with corporate
partners
had to be|| |||||||||||||||put on hold due to covid. However,
a new video|| |||||||||||||||was produced
with corporate sponsors|| |||||||||||||||Lightning
Fire, who have generously
supported|| |||||||||||||||us in a number ofways. Meanwhile
some local|| |||||||||||||||networking
groups were suspended,
but others,|| |||||||||||||||like BNI, have moved on line.|| |||||||||||||||We developed
new events for our yearly|| |||||||||||||||calendar|| |||||||||||||||We fostered
relationships
with a number
of|| |||||||||||||||corporate
partners
&their teams,
including|| |||||||||||||||Lightning
and Fire and Engie|| |||||||||||||||We were successful
again
in attracting
both|| |||||||||||||||new and renewed
support from a range of|| |||||||||||||||reputable
grant awarding
trusts
including
The|| |||||||||||||||Edward
Gostiing
Foundation
&GJW Turner|| |||||||||||||||Trust, and
in this most disrupted
ofyears we|| |||||||||||||||are very grateful
also to have received|| |||||||||||||||emergency
funding
from Comic Relief, BBC|| |||||||||||||||Children
in Need, HIWCF, National
Lottery|| |||||||||||||||Covid Response
and the Ovingdean
Hall|| |||||||||||||||Foundation
amon
st others.|| ## ## |Goal|4:To re|vi|ew|ew|ew|corp|orat|e s|e|rvices t|o c|re|at|e r|esilience and build sustainable
income|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Our|2020/21||lans||||||||||||Our 2020/21 achievements|| ||To build|up||The Elizabeth|||||Foundation's||||||We reviewed
ever-changing
covid regulations|| ||resilience||and|||sustainability||||by continuing||||to|and kept up-to-date
with evolving
best practice|| ||follow a|long-term|||||approach
to financial||||||||to keep visitors and staff safe.|| ||planning.||||||||||||||We were fortunate
to be able to use income|| ||To increase||||the diversity||||and reliability|||of our|||received from legacies and from a charity that|| ||income|streams
by developing
the potential|||||||||||||had to cease operations
to add to the reserves|| ||ofour existing|||||assets.|||||||||we hold
in case offuture shocks like covid.|| ||To continue||||to keep pace||||with evolving||||||We identified
suitable
marketing
channels
to|| ||legislation||&||best||practice||concerning|||people|||reach potential
long-term
users|| ||management,|||||for|both|staff and volunteers.|||||||We reviewed
the volunteer
induction|| ||To continue||||to improve|||the||efficiency,|||||programme,
completed
compliance checks|| ||reliability,||security||||and|safety ofour|||corporate||||and sought feedback for the volunteer|| ||services|functions.|||||||||||||programme|| ||||||||||||||||We assessed the impact ofvolunteers-|| ||||||||||||||||supporting
entries
in the annual
accounts and|| ||||||||||||||||Listen magazine|| ||||||||||||||||We reviewed
and actioned any additional|| ||||||||||||||||resources
needed for the volunteer
programme|| ||||||||||||||||We installed
a new file server, bringing
the|| ||||||||||||||||reliability
and security ofour network
up-to-|| ||||||||||||||||date|| ||||||||||||||||As the pandemic
unfolded
we were glad to|be| ||||||||||||||||able to provide temporary
accommodation|for| ||||||||||||||||a team of Community
Midwives
and informal|| ||||||||||||||||overflow
parking for people using the|| ||||||||||||||||nei
hbourin
vaccine hub.|| |Goal|5:Toengage|||||a robust||marketing|||plan||both||for services and for funding|| |Our|2020/21|lans|||||||||||||Our 2020/21 achievements|| ||To implement|||||social media||||activities that|||||We put one story from each nursery
out each|| ||effectively||engage||||families,|||professionals,|||||week on social media and invited feedback|| ||funders|and|||the wider|||public to increase|||||||from families
& professionals|| ||awareness|||and funding.|||||||||||We ensured
all events/
fundraising
are present|| ||To review||the|||purpose||and||effectiveness|||of||on social media and that stakeholders
were|| ||the website.||||||||||||||kept up-to-date
with changing
information
due|| ||To create||video and photographic
materials||||||||||||to Covid 19|| ||to promote|||the||charity's||activities (separate||||||to|We published
articles/
good news stories to|| ||online Home||||Learning|||Programme).|||||||engage and fulfil multi-audience
requirements|| ||||||||||||||||across a broad range of social media sites|| ||||||||||||||||We were proud to announce
on our website|| ||||||||||||||||and on social media that England
rugby star|| ||||||||||||||||Jodie Ounsley
had agreed to become one of|| ||||||||||||||||our patrons|| ||||||||||||||||We assessed
opportunities
to diversify social|| ||||||||||||||||media activity including
professional
content|| ||||||||||||||||around
research studies,
& invested
in new|| ||||||||||||||||learning
for our team|| ||||||||||||||||We reviewed
analytics
of social media and|| ||||||||||||||||adjusted
our posts accordingly|| ||||||||||||||||A number of new case studies were developed|| ||||||||||||||||with parents
and made available
online.|| ||||||||||||||||We published
a Listen Magazine
and an Impact|| ||||||||||||||||Re ort durin
the financial
ear|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funcls|funds|funds|funds| |||Notes|E|E|6|E| |INCOME FROM||||||| |Donations
and legacies||2|436,844|277,270|714,114|432,429| |Charitable
activities||||||| |Nursery
Programmes|||13,283|26,934|40,217|41,572| |Outreach
and Other Services|||152,118||152,118|170,159| |Other trading
activities|||84,454||84,454|67,311| |Investment
income|||11,942||11,942|9,886| |Total|||698,641|304,204|1,002,845|721,357| |EXPENDITURE ON||||||| |Raising funds||6|129,746|10,803|140,549|159,162| |Charitable
activities||||||| |Nursery
Programmes|||127,651|210,819|338,470|343,322| |Family Support|||5,740|3,112|8,852|18,257| |Outreach
and Other Services|||151,687|112,900|264,587|237,319| |Total|||414„824|337,634|752,458|758,060| |Net gains/(losses)
on|investments||18,231||10,231|~6,836)| |NET INCOME/(EXPENDITURE)|||302,048|(33,430)|268,618|(43,539)| |Transfers
between funds||20|4,018|~4,010)||| |Net movement
in funds|||306,066|(37,448)|268,618|(43,539)| |RECONCILIATION
OF FUNDS||||||| |Total funds brought|forward||1,674,385|1,273,318|2,947,703|2,991,242| |TOTAL FUNDS CARRIED FORWARD|||1,980,451|1,235,870|3,216,321|2,947,703| ## |||2021|2020| |---|---|---|---| ||Notes|8|| |FIXEDASSETS|||| |Tangible assets|14|2,390,?99|2,460,252| |Investments|15|350,084|96,853| |||2,740,883|2,557,105| |CURRENT ASSETS|||| |Stocks|16|4,689|3,526| |Debtors|17|163,864|96,936| |Cash at bank and in hand||436,313|399,049| |||604,866|499,511| |CREDITORS|||| |Amounts
falling due within one year|18|(129,428)|(108,913)| |NET CURRENT ASSETS||475,438|390,598| |TOTAL ASSETS LESSCURRENT|||| |LIABILITIES||3,216,321|2,947,703| |NET ASSETS||3,216,321|2,947,703| |FUNDS|20||| |Unrestricted
funds||1,980,451|1,674,385| |Restricted funds||1,235,870|1,273,318| |TOTAL FUNDS||3,216,321|2,947,703| ## |||Notes|2021
f|2020
E| |---|---|---|---|---| |Cash flows from|operating|activities||| |Cash generated
from operations
23|||290,388|105,351| |Net cash provided|by operating
activities||290,388|105,351| |Cash flows from|investing|activities||| |Purchase
oftangible fixed assets|||(23,653)|(21,580)| |Purchase offixed|asset investments||(235,000)|(73,000)| |Interest received|||2,116|3,108| |Dividends
received|||3,413|1,027| |Net cash used
in|investing
activities||(253,124)|~90,445)| |Change
in cash|and cash|equivalents||| |in the reporting|period||37,264|14,906| |Cash and cash equivalents||at the||| |beginning
ofthe|reporting|period|399,049|384,143| |Cash and cash equivalents||at the end||| |ofthe reporting|period||436,313|399,049| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| |||||||E| |Comic Relief|||||75,815|| |Coronavirus
Job Retention|Scheme||||51,566|| |BBCChildren
ln Need|||||47,255|41,444| |Garfield Weston Foundation|||||25,000|| |Communication
Consortium|||||25,000|| |Global Make Some Noise|||||19,000|| |Ovingdean
Hall Foundation|||||17,100|9,100| |The Sobell Foundation|||||15,000|15,000| |Generation
Foundation|||||11,400|| |Barbara Ward Children's
Foundation|||||10,000|10,000| |GJW Turner Trust|||||10,000|| |Steel Charitable
Trust|||||10,000|| |The National
Lottery Covid|Response||||10,000|| |The Henry Smith Charity|||||7,500|7,500| |The Boltini Trust|||||6,000|| |Hampshire
& loW Community|||Foundation||5,263|| |The Webb Family Charitable||Trust|||5,000|| |The Edward
Gostling
Foundation|||||5,000|| |Ecclesiastical
Insurance|||||2,000|1,000| |PF Charitable
Trust|||||2,000|| |The Louis Ross Foundation|||||2,000|| |University
of Portsmouth|||||1,600|| |The Fence Club Charity|||||1,500|| |The SirJames Roll Charitable|||Trust||1,000|| |David Solomon's
Charitable||Trust|||1,000|| |Emilienne
Charitable
Trust|||||1,000|1,000| |Other grants|||||2,300|5,091| |The Leathersellers'
Company||||||15,000| |DM Thomas
Foundation
for||Young People||||10,084| |Morrison's
Foundation||||||10,000| |Awards for All||||||9,482| |Advanced
Bionics||||||7,500| |Didymus
CIO||||||5,000| |Santander
Foundation||||||5,000| |The Weinstock
Fund||||||5,000| |Clearwater
Marine Investments||||||2,500| |Hyperion
Foundation||||||2,500| |League of Friends ofSt Mary's|||Hospital|||2,353| |John Horniman's
Children's||Trust||||2,000| |The Irving Memorial
Trust||||||2,000| |Wave 105||||||1,928| |Lexis Nexis||||||1,607| |EG & MG Hall Charitable
Trust||||||1,000| |Lord Mayor of Portsmouth|Community|||Chest||1,000| |Persimmon
Homes||||||1,000| |Victorious
Festival||||||1,000| ||||||6376,299|f181,089| ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| |||||Unrestricted||Restricted|Total|Total| |||||funds||funds|funds|funds| ||||||6|f||E| |Fundraising
events||||29,474|||29,474|67,311| |Fees for use of|charity property|||54,980|||54,980|| |||||84,454|||84,454|67,311| |INVESTMENT|INCOME|||||||| ||||||||2021|2020| |||||Unrestricted||Restricted|Total|Total| |||||funds
E||funds
6|funds
f|funds
F| |Solar panels|||||6,413||6,413|5,751| |Fixed asset investments|||||3,413||3,413|1,027| |Deposit account interest|||||2,116||2,116|3,108| |||||11,942|||11,942|9,886| |INCOME FROM CHARITABLE ACTIVITIES||||||||| ||||||||2021|2020| ||||Activity||||E|E| |Session charges|||Nursery|Programmes|||40,217|41,572| |Audiology|||Outreach|and Other|Services||152,358|151,701| |Home learning|&|||||||| |consultancy|||Outreach|and Other|Services||(240)|10,358| |Other charitable|activities||Outreach|and Other|Services|||8,100| ||||||||192,335|211,731| |RAISING FUNDS||||||||| |Raising donations||and legacies||||||| ||||||||2021|2020| |||||Unrestricted||Restricted|Total|Total| |||||funds||funds|funds|funds| |||||||E|6|E| |Staff costs||||88,322|||88,322|93,700| |Insurance||||||2,248|2,248|2,294| |Premises
&utilities|||||2,088|516|2,604|2,871| |Communications|& IT||||3,637|666|4,303|933| |Service consumables|||||122|3,405|3,527|3,025| |Printing
& promotion|||||4,360||4,360|5,951| |Other costs|||||983|567|1,550|1,444| |Hire charges
&|event costs|||13,345|||13,345|22,281| |Carried forward||||112,857||7,402|120,259|132,499| ## ## ## ## |Raising dona|tio|ns
and legacies - c|ontinued|||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||Unrestricted|Restricted|Total|Total| ||||funds
f|funds
f|funds|funds
8| |Brought forward|||112,857|7,402|120,259|132,499| |Recruitment,|ID|checks, travel and||||| |subsistence|||(384)||(384)|2,947| |Depreciation|||1,092|1,996|3,088|3,122| |Supportcosts|||16,181|1,405|17,586|20,594| ||||129,746|10,803|140,549|159,162| |CHARI'TABLE ACTIVITIES COSTS||||||| |||||Direct|Support|| |||||Costs (see|costs (see|| |||||note 8)|note 9)|Totals| |||||E||5| |Nursery
Programmes||||294,904|43,566|338,470| |Family Support||||8,101|751|8,852| |Outreach
and|Other Services|||238,067|26,520|264,587| |||||541,072|70,837|611,909| |DIRECT COSTS OF CHARITABLE|||ACTIVITIES|||| ||||||2021|2020| ||||||E|5| |Staff costs|||||340,820|326,429| |Insurance|||||10,077|9,451| |Premises
&utilities|||||61,645|68,002| |Communications||& IT|||3,994|3,876| |Service consumables|||||23,149|15,084| |Printing
& promotion|||||4,695|5,552| |Other costs|||||13,915|11,819| |Recruitment,|ID|checks, travel and subsistence|||734|2,221| |Depreciation|||||82,043|81,393| ||||||541,072|523,827| ## ||||Other| |---|---|---|---| ||||E| |Raising|donations|and legacies|17,586| |Nursery|Programmes||43,566| |Family Support|||751| |Outreach|and Other Services||26,520| ||||88,423| |Support costs|, i|nclude|d|in the above, are as follo|ws:||| |---|---|---|---|---|---|---|---| ||||||Raising||| ||||||donations||| ||||||and|Nursery|Family| ||||||legacies|Programmes|Support| ||||||F|6|F| |Wages|||||11,864|27,333|463| |Premises
&utilities|||||181|1,812|37| |Communications||& IT|||2,196|5,060|86| |Legal & professional|||fees||154|355|6| |Auditor's
remuneration|||||1,406|3,239|55| |Bank charges|||||429|989|17| |Recruitment,|ID|checks,||travel and|||| |subsistence|||||47|108|| |Depreciation|of|tangible||fixed assets|1,309|4,670|87| ||||||17,586|43,566|751| |||||||2021|2020| ||||||Outreach||| ||||||and Other|Total|Total| ||||||Services|activities|activities| ||||||E|6|F| |Wages|||||17„985|57,645|56,588| |Premises
& utilities|||||211|2,241|2,518| |Communications||& IT|||3„329|10,671|16,766| |Legal & professional|||fees||233|748|3,076| |Auditor's
remuneration|||||2,131|6,831|6,630| |Bank charges|||||651|2,086|2,342| |Recruitment,|ID|checks,||travel and|||| |subsistence|||||71|226|2,562| |Depreciation|of|tangible||fixed assets|1,909|7,975|5,183| ||||||26,520|88,423|95,665| ## |Net inco|me/(e|xpenditure)
is stated after charging/(cred|iting):|| |---|---|---|---|---| ||||2021|2020| ||||6|F| |Depreciation||- owned assets|93,106|89,698| |Auditors'|remuneration||6,830|6,630| ## ## ## |STAFF CO|STS||| |---|---|---|---| |||2021|2020| |Staffcosts:|||| |Wages and|salaries|417,592|417,018| |Social security costs||30,455|25,487| |Pension
contributions||35,512|34,211| |Termination|payments|3,228|| |||486,787|476,716| |The avera|ge
monthly
number
ofemployees
durin|g the year was as follows:|| |---|---|---|---| |||2021|2020| |Raising funds||2|3| |Charitable|activities|16|16| |Support||2|2| |||20|21| ## |13.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| ||||funds
f|funds
f|funds
f| ||INCOME AND ENDOWMENTS|FROM|||| ||Donations
and legacies||280,584|151,845|432,429| ||Charitable
activities||||| ||Nursery
Programmes||21,927|19,645|41,572| ||Outreach
and Other Services||170,159||170,159| ||Other trading
activities||67,311||67,311| ||Investment
income||9,886||9,886| ||Total||549,867|171,490|721,357| ||EXPENDITURE ON||||| ||Raising funds||157,112|2,050|159,162| ||Charitable
activities||||| ||Nursery
Programmes||147,058|196,264|343,322| ||Family Support||16,931|1,326|18,257| ||Outreach
and Other Services||194,696|42,623|237,319| ||Total||515,797|242,263|758,060| ||Net gains/(losses)
on investments||~6,836)||~6.836)| ||NET INCOME/(EXPENDITURE)||27,234|(70,773)|(43,539)| ||Transfers
between funds||3,904|~3.904)|| ||Net movement
in funds||31,138|(74,677)|(43,539)| ||RECONCILIATION
OF FUNDS||||| ||Total funds brought
forward||1,643,247|1,347,995|2,991,242| ||TOTAL FUNDS CARRIED FORWARD||1,674,385|1,273,318|2,947,703| ## ## ## |TANGIBLE FIXEDASSE|TS||||| |---|---|---|---|---|---| ||Leasehold||||| ||property|School|Fixtures,||| ||Portsmouth|and|fittings||| ||Resource|medical|8 office|Motor|| ||Centres
6|equipment
f|equipment
6|vehicles|Totals
E| |COST|||||| |At 1 April 2020
Additions
Disposals|3,397,979|230,366
11,675|157,142
11,978
~0,000)|19,248|3,804,735
23,653
~),000)| |At 31 March 2021|3,397,979|242,041|168,040|19,248|3,827,308| |DEPRECIATION|||||| |At 1 April 2020|995,728|198,718|130,789|19,248|1,344,483| |Charge for year
Eliminated
on disposal|75,890|11,900|5,316
~0,000)||93,106
~),000)| |At 31 March 2021|1,071,618|210,618|135,025|19,248|1,436,509| |NET BOOK VALUE|||||| |At 31 March 2021|2,326,361|31,423|33,015||2,390,799| |At 31 March 2020|2,402,251|31,648|26,353||2,460,252| ## ## |FIXEDASSET INVESTMENTS|| |---|---| ||Unlisted| ||investments| ||6| |MARKET VALUE|| |At 1 April 2020|96,853| |Additions|235,000| |Revaluations|18,231| |At 31 March 2021|350,084| |NET BOOK VALUE|| |At 31 March 2021|350,084| |At 31 March 2020|96,853| ## |16.|STOCKS||||| |---|---|---|---|---|---| |||||2021|2020| ||||||F| ||Goods for resale|||2,257|1,457| ||Stationery
and office consumables|||2,432|2,069| |||||4,689|3,526| |17.|DEBTORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|||| |||||2021|2020| |||||6|5| |||||28,636|4,311| |||||135,228|92,625| |18.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||| |||||2021|2020| |||||6|f| ||Trade creditors|||12,825|8,080| ||Social security and other||taxes|34,031|10,718| ||Other creditors|||850|850| ||Accruals|||41,105|27,889| ||Deferred income|||40,617|61,376| |||||129,428|108,913| |yet met t|he recogn|ition
criteria.||| |---|---|---|---|---| |Deferred|income|at 1 April 2020||61,376| |Amounts|released|from deferred|income|(36,376)| |Amounts|deferred|this year||15,617| |Deferred|income|at 31 March 2021||40,617| ## |19.|ANALYSIS OF|NET AS|SETS BE|TWE|EN FUNDS|||| |---|---|---|---|---|---|---|---|---| ||||||||2021|2020| ||||||Unrestricted|Restricted|Total|Total| ||||||funds
f|funds
f|funds
f|funds
F| ||Fixed assets||||1,174,316|1,216,483|2,390,799|2,460,252| ||Investments||||350,084||350,084|96,853| ||Current assets
Current
liabilities||||585,479
~729,420)|19,387|604,866
~729,428)|499,511
~700.913)| ||||||1,980,451|1,235,870|3,216,321|2,947,703| |20.|MOVEMENT
IN FUNDS|||||||| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1.4.20|in funds|funds|31.3.21| ||||||f|||F| ||Unrestricted
funds|||||||| ||General
fund||||1,674,385|302,048|4,018|1,980,451| ||Restricted funds|||||||| ||National
Lottery|Charities|Board|||||| ||Reserve||||122,244|(4,611)||117,633| ||Grants
&Fees|Reserve|||12,812|10,593|(4,018)|19,387| ||Ovingdean
Fixed Assets Reserve
Portsmouth
Resource Centres Reserve||||354,533
783,729|(14,307)
~25705)||340,226
758,624| ||||||1,273,310|~33,430)|~4,070|1,235,070| ||TOTAL FUNDS||||2,947,703|268,618||3,216,321| ||Net movement|in funds,|included|in the|above are as follows:|||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources
f|expended
f|losses
f|in funds
f| ||Unrestricted
funds|||||||| ||General fund||||698,641|(414,824)|18,231|302,048| ||Restricted funds|||||||| ||National
Lottery|Charities|Board|||||| ||Reserve|||||(4,611)||(4,611)| ||Grants
&Fees|Reserve|||304,204|(293,611)||10,593| ||Ovingdean
Fixed Assets Reserve
Portsmouth
Resource Centres Reserve|||||(14,307)
~25,100)||(14,307)
~25,7 05)| ||||||304,204|~337,034)||~33,430)| ||TOTAL FUNDS||||1,002,845|~752,458)|18,231|268,618| ## ## |Comparatives
for move|me|nt
in fun|ds|||||| |---|---|---|---|---|---|---|---|---| |||||||Net|Transfers|| |||||||movement|between|At| |||||At 1.4.19
f||in funds|funds
f|31.3.20
f| |Unrestricted
funds||||||||| |General fund|||1,643,247|||27,234|3,904|1,674,385| |Restricted funds||||||||| |National
Lottery Charities|Board|||||||| |Reserve||||126,855||(4,611)||122,244| |Grants
&Fees Reserve||||42,796||(26,080)|(3,904)|12,812| |Ovingdean
Fixed Assets Reserve
Portsmouth
Resource Centres Reserve||||368,840
809,504|(14,307)
~25,775)|||354,533
783,729| ||||1,347,995||~70,773) ~3,904)|||1,273318| |TOTAL FUNDS|||2,991,242||~43,539)|||2,947,703| |Comparative
net movement||in funds,|included|in the above||are as follows:||| |||||Incoming||Resources|Gains and|Movement| |||||resources
f.||expended
f|losses
f|in funds
F| |Unrestricted
funds||||||||| |General
fund||||549,867||(515,797)|(6,836)|27,234| |Restricted funds||||||||| |National
Lottery Charities|Board|||||||| |Reserve||||||(4,611)||(4,611)| |Grants
&Fees Reserve||||171,490||(197,570)||(26,080)| |Ovingdean
Fixed Assets|Reserve|||||(14,307)||(14,307)| |Portsmouth
Resource Centres Reserve||||||~25,775)||~25,775)| |||||171,490||(242,263)||~70,773)| |TOTAL FUNDS||||721,357||(758,060)|~6,836)|$43,539)| ## ## ## ## ## ## ## ## |ye|ar and at 31 March 2021 the commitments
unde|r the lease are as follows:|| |---|---|---|---| |||2021|2020| |||6|E| |In|less than one year|9,000|8,000| |In|two to five years|42,000|40,500| |In|more than five years|629,125|639,625| |||680,125|688,125| |le|
ases for office equipment
as follows:||| |---|---|---|---| |||2021|2020| |||E|F| |In|less than one year|252|252| |In|two to five years|1,898|1,786| |In|more than five years||| |||2,150|2,038| ## ## |RECONCILIATION

ACTIVITIES|OF NE|T INCOME/(EXPE|NDITURE)
TO NET CAS|H FLOW FROM
O|PERATING| |---|---|---|---|---|---| |||||2021
f|2020
6| |Net income/(expenditure)||for the reporting|period (as per the||| |Statement of Financial Activities)||||268,618|(43,539)| |Adjustments
for:|||||| |Depreciation
charges||||93,106|89,698| |(Gain)/losses
on investments||||(18,231)|6,836| |Interest received||||(2,116)|(3,108)| |Dividends
received||||(3,413)|(1,027)| |(Increase)/decrease|in stocks|||(1,163)|1,488| |(Increase)/decrease|in debtors|||(66,928)|9,346| |Increase
in creditors||||20,515|45,657| |Net cash provided|by operations|||290,388|105,351| ## |Net cash|| |---|---| |Cash at bank and|in hand| ## |At 1.4.20|Cash flow|At 31.3.21| |---|---|---| |E|f|| |399,049|37,264|436,313| |399,049|37,264|436,313|