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2022-03-31-accounts

Page
Report ofthe Trustees 1 to 9
Report ofthe Independent Auditors 10 Io 12
Statement ofFinancial Activities 13
Balance Sheet 14
Cash Flow Statement 15
Notes to the Financial Statements 16 io 32

Our 2021/22 lans lans Our 2021/22 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
use best practice
in our teaching		 strategies all across the South of England
(either on-site or
and techniques via Teams and Zoom when covid restrictions
To build skills and knowledge across our were in place);
team so that we can consistently provide All children
receive termly
individual
education
accurate, quantitative and qualitative data to plans and parents are updated
regularly
with
evidence the impact ofour work achievements
and 'next-steps';
To involve and engage parents and past We had our regular Ofsted inspection
and once
service-users again received a rating of 'Outstanding';
To partner with professional organisations to We kept in touch with ail families
during
periods
ensure that families receive the highest level of lockdown,
and we offered tele-therapy,
parent
of support education
sessions and other services where
To strengthen our partnerships with key possible on Zoom. We provided
weekly activities
stakeholders who collate and publish and materials
for parents
to support
their child's
evidence ofthe needs ofchildren
with		 skill development
at home, and when restrictions
hearing loss, its long-term impact and the were eased, we resumed
our face-to-face
difference that early intervention can achieve services immediately;
To safeguard our beneficiaries and staff We completed
I Can Early Talk accreditation
and
through our embedded culture, processes, received the highest
level of 'Specialist'
protocols and reporting mechanisms accreditation
Support groups are well attended
both face-to-
face and through
virtual sessions,
and we have
received
positive reports of impact
Some conferences
with other sector
organisations
were cancelled
but others moved
online, and we attended
virtual sessions
Education
staff attended
training sessions on a
variety oftopics throughout
the year, with no cost
or minimal cost to the charity
We 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
and ensured
all staff, volunteers
and
trustees were aware ofthe updates;
we updated
our team First Aid training
and team Safeguarding
Training; we added two new First-aiders to our
team and two new Safeguarding
leads to the
team - all with the relevant
training;
and we
attended
specialist safeguarding
training
relevant
to the needs ofdeaf children.

Goal 2:Tosee k opportunities to widen our reach, reacting positively
and with flexibility tothe changing
needs ofour families
Our 2021/22 lans Our 2021/22 achievements
To increase the reach and scope ofservices Enrolment
increased
to 945compared
with 799		 at
so that we can support families remotely the same time last year, made up of631 families
through outreach programmes and 314professionals.
To continue to update and develop our We continued
with a professional
training
outreach services to meet the varied needs of programme
about LL&T, attending
virtual team
families meetings
with sensory
impairment
teams across
the UK; and we have sourced a new volunteer
to
begin to research sensory teams and Cl teams in
Scotland, Wales and Northern
Ireland so that we
can launch
an awareness
campaign
about the
resource
in those areas.
We developed
the toddler music programme,
due
to be launched
in summer 2022;
Sadly, the summer
programme
2021 had to be
cancelled due to covid, but we have marketed
and or anised a summer
ro ramme for 2022.
Goal 3:To diversify fundraising to deliver services and maintain
our facilities
Our 2021/22 lans Our 2021/22 achievements
Todevelop
and		 diversify The Elizabeth We welcomed
two new members
ofthe
Foundation's
portfolio		 of income in order to fundraising
team and initiated a robust training
deliver core services and maintain our and induction
programme
for them
facilities. Expert volunteers
have been recruited
to assist
We will identify the most appropriate and with administration,
virtual
and digital strategy and
timely channels to engage with our development
work, but the scope for event-based
supporters,
increasing		 awareness both locally volunteering
continues
to be constrained
by the
and nationally,
developing		 new sponsorship pandemic.
platforms and increasing our volunteer base. We held three very successful events - Rock the
We will develop professional networks which Foundation,
Murder Mystery and our annual
Golf
will increase corporate support and income, Day; we ran well-attended
Quiz nights throughout
identifying
potential
leads		 from beneficiary the year and held our annual
Christmas
fayre.
contacts as well as through our own The charity featured
on Comic Reliefs Charity
research. Challenge
on The One Show, gaining
national
Maintain &develop
key relationships		 with coverage ofour work
grant funders
to		 raise awareness ofour We kept up to date with latest fundraising
trends
services, contribute
to positive marketing		 through
Facebook fundraisers
Page, Third Sector
channels and secure income. publications,
Charity Commission
guidance
and
the Institute of Fundraising
We organised
and hosted a very successful
celebration
for our 40th Anniversary.
Relationship-building
initiatives
have included
regular updates
to donors across the fundraising
spectrum
and where safe/possible
meeting
with
supporters
face-to-face.
We planned
activities and tasks for volunteers
in
2021-22to maximise
their engagement
and
identify new volunteer
opportunities.
Many supporters
took up the challenge
of
individual
fundraisin
to
reat effect.

Our 2021/22 lans lans continued: continued: continued: Our 2021/22 achievements
continued
We participated
in virtual 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 and to completely
new audiences
via zoom and teams.
Face-to-face fundraising,
most community
engagement,
and much ofour work to develop
relationships
with corporate
partners
has been
impacted
by covid once again.
We fostered
relationships
with a number of
corporate partners
&their teams,
including
Lightning
Safety Systems, Lowes Financial
Management
and Engie
We were successful
again
in attracting
both ne
and renewed
support
from a range of reputable
grant funding
trusts and foundations
including
Comic Relief, Ovingdean
Hall Foundation,
Clearwater
Marine Foundation,
Hendy
Foundation,
HICWF, AT&T, Communication
Consortium
and Generation
Foundation,
to
name but a few.
Goal 4:To review corporate services to create resilience and build sustainable
income
Our 2021/22 lans Our 2021/22 achievements
To build up The Elizabeth Foundation's We kept up-to-date
with evolving covid-safe
resilience and sustainability by continuing to best practice to keep visitors and staff safe.
follow a long-term approach to financial We were pleased to deepen
our partnership
planning. with Queen Alexandra
Hospital
by making
To enhance our regular income streams by additional
facilities available to the audiology
developing the potential ofour existing team and forming a new long-term
arrangement
assets. with their ENT team.
To continue to keep pace with evolving We updated
the staff handbook
and staff
legislation &best practice concerning people contracts.
management, for both staff and volunteers. We started to assess the feasibility of several
To continue to maximise the efficiency, options to improve
our energy efficiency.
reliability, security and safety ofour corporate We were able to improve the quality and
services functions coverage ofour CCTV system
through
the
generosity ofour supporters
Lightning
Safety
S stems Ltd.

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes 8 F 8 8
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 517,599 194,782 712,381 714,114
Charitable
activities
Nursery
Programmes		 12,784 17,829 30,613 40,217
Outreach
and Other Services		 167,417 167,417 152,118
Other trading
activities		 117,962 117,962 84,454
Investment
income		 19,074 19,074 11,942
Total 834,836 212,611 1,047,447 1,002,845
EXPENDITURE ON
Raising funds 6 127,167 9,553 136,720 140,549
Charitable
activities		 7
Nursery
Programmes		 165,354 173,953 339,307 338,470
Family Support 12,210 5,720 17,930 8,852
Outreach
and Other Services		 185,943 59,676 245,619 264,587
Total 490,674 248,902 739,5?6 752,458
Net gains on investments 34,108 34,108 18,231
NET INCOME/(EXPENDITURE) 378,270 (36,291) 341,979 268,618
Transfers
between funds		 2D 5,296 ~5,296)
Net movement
in funds		 383,566 (41,587) 341,979 268,618
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,980,451 1,235,870 3,216,321 2,947,703
TOTAL FUNDS CARRIED FORWARD 2,364,017 1,194,283 3,558,300 3,216,321

2022 2021
Notes K 8
FIXEDASSETS
Tangible assets 14 2,303,116 2,390,799
Investments 15 814,192 350,084
3,117,308 2,740,883
CURRENT ASSETS
Stocks 16 4,856 4,689
Debtors 17 196,173 163,864
Cash at bank and in hand 310,078 436,313
511,107 604,866
CREDITORS
Amounts
falling due within one year		 18 (70,115) (129,428)
NET CURRENT ASSETS 440,992 475,438
TOTAL ASSETSLESSCURRENT
LIABILITIES 3,558,300 3,216,321
NET ASSE'TS 3,558,300 3,216,321
FUNDS 20
Unrestricted
funds		 2,364,017 1,980,451
Restricted funds 1,194,283 1,235,870
TOTAL FUNDS 3,558,300 3,216,321

2022 2021
Notes R E
Cash flows from operating activities
Cash generated
from operations
23		 297,293 290,388
Net cash provided by operating
activities		 297,293 290,388
Cash flows from investing activities
Purchase oftangible fixed assets (7,186) (23,653)
Purchase offixed asset investments (430,000) (235,000)
Interest received 2,395 2,116
Dividends
received		 11,263 3,413
Net cash used
in		 investing activities (423,552288) (253,124)
Change
in cash		 and cash equivalents
in the reporting period (126,235) 37,264
Cash and cash equivalents at the
beginning
ofthe		 reporting period 436,313 399,049
Cash and cash equivalents at the end
ofthe reporting period 310,078 436,313

2022 2021
E E
Comic Relief 50,815 75,815
Garfield Weston Foundation 25,000 25,000
Communication
Consortium		 25,000 25,000
BBCChildren
In Need		 22,183 47,255
The Ardeola Charitable
Trust		 15,000
The Sobell Foundation 15,000 15,000
Generation
Foundation		 13,800 11,400
Ovingdean
Hall Foundation		 11,261 17,100
Kusuma Trust UK 11,000
Clearwater
Marine Investments		 8,780
The Mikado Trust 5,000 6,000
The Weinstock
Fund		 5,000
The Bailey Thomas Charitable Fund 4,000
AT&T 3,553
Ecclesiastical
Insurance		 3,500 2,000
John Horniman's
Children's		 Trust 3,000
The Irving Memorial
Trust		 3,000
Coronavirus
Job Retention		 Scheme 2,901 51,566
Portsmouth
City Council		 2,?00
The Desmond
Foundation		 2,500
The Halbard
Charitable
Trust		 2,500
The Charlotte Bonham-Carter Charitable Trust 2,040
The Sir Bernard & Lady Schreier Foundation 2,000
Victorious
Festival		 1,500
Handy Foundation 1,200
Arnold Clark Community
Fund		 1,000
Sir Cliff Richard Charitable Trust 1,000
Emilienne
Charitable
Trust		 1,000 1,000
FBCoales No.4 Family Trust 1,000
The SirJames Roll Charitable Trust 1,000 1,000
Global Make Some Noise 19,000
Barbara Ward Children's
Foundation		 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
The Boltini Trust 6,000
Hampshire
&loW Community		 Foundation 5,263
The Webb Family Charitable Trust 5,000
The Edward Gostling Foundation 5,000
PF Charitable
Trust		 2,000
The Louis Ross Foundation 2,000
University
of Portsmouth		 1,600
The Fence Club Charity 1,500
David Solomon's
Charitable		 Trust 1,000
Other grants 2,050 2,300
6249,283 f376,299

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
E E E E
Fundraising events 62,732 62,732 29,474
Letting of charity property 55,230 55,230 54,980
117,962 117,962 84,454
INVESTMENT INCOME
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
f E E 5
Solar panels 5,416 5,416 6,413
Fixed asset investments 11,263 11,263 3,413
Deposit account interest 2,395 2,395 2,116
19,074 19,074 11,942
INCOME FROM CHARITABLE ACTIVITIES
Activity 2022
f		 2021
F
Session charges Nursery Programmes 30,613 40,217
Audiology Outreach and Other Services 167,228 152,358
Home learning
consultancy		 & Outreach and Other Services 189 ~240)
198,030 192,335

Raising don atio ns
and legacies
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
E E 5
Staff costs 71,256 71,256 88,322
Insurance 157 1,935 2,092 2,248
Premises
&		 utilities 2,333 492 2,825 2,604
Communications & IT 4,393 484 4,87? 4,303
Service consumables 344 2,933 3,277 3,527
Printing
& promotion		 3,327 489 3,816 4,360
Other costs 1,324 13 1,337 1,550
Hire charges & event costs 27,733 27,733 13,345
Recruitment,
subsistence		 ID checks, travel and 1,338 1,338 ~384)
Carried forward 112,205 6,346 118,551 119,875

Raising dona tio ns
and legacies - c		 ontinued
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
F F E 6
Brought forward 112,205 6,346 118,551 119,875
Depreciation 1,147 1,996 3,143 3,088
Support costs 13,815 1,211 15,026 17,586
127,167 9,553 136,720 140,549
CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8) note 9) Totals
E F
Nursery
Programmes		 294,177 45,130 339,307
Family Support 15,775 2,155 17,930
Outreach
and		 Other Services 220,359 25,260 245,619
530,311 72,545 602,856
DIRECT COSTS OF CHARITABLE ACTIVITIES
2022 2021
E
Staff costs 330,735 340,820
Insurance 11,040 10,077
Premises
& utilities		 66,893 61,645
Communications & IT 5,720 3,994
Service consumables 17,569 23,149
Printing
& promotion		 4,071 4,695
Other costs 10,936 13,915
Recruitment, ID checks, travel and subsistence 808 734
Depreciation 82,539 82,043
530,311 541,072

Other
f
Raising donations and legacies 15,026
Nursery Programmes 45,130
Family Support 2,155
Outreach and Other Services 25,260
87,571
Support costs , i nclude d in the above, are as follo ws:
Raising
donations
and Nursery Family
legacies
5		 Programmes
f		 Support
f
Wages 10,494 29,428 1,485
Premises
&utilities		 196 1,967 40
Communications & IT 1,135 3,184 161
Legal &professional fees 280 785 40
Auditor's
remuneration		 1,271 3,564 180
Bank charges (5) (14)
Recruitment, ID checks, travel and
subsistence 385 1,080 55
Depreciation of tangible fixed assets 1,270 5,136 194
15,026 45,130 2,155
2022 2021
Outreach
and Other Total Total
Services activities activities
E E E
Wages 17,793 59,200 57,645
Premises
&utilities		 229 2,432 2,241
Communications & IT 1,925 6,405 10,671
Legal & professional fees 475 1,580 748
Auditor's
remuneration		 2,155 7,170 6,831
Bank charges (8) (27) 2,086
Recruitment, ID checks, travel and
subsistence 653 2,173 226
Depreciation of tangible fixed assets 2,038 8,638 7,975
25,260 87,571 88,423

Net inco me/(e xpenditure)
is stated after charging/(credi		 ting):
2022 2021
6 f
Depreciation -owned assets 94,320 93,106
Auditors' remuneration 7,170 6,830

STAFF CO STS
2022 2021
6
Staffcosts:
Wages and salaries 405,267 417,592
Social security costs 20,709 30,455
Pension contributions 35,215 35,512
Termination payments 3,228
461,191 486,787
2022 2021
Raising funds 2 2
Charitable activities 16 16
Support 2 2
20 20
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 funds funds
6 E 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 436,844 277,270 714,114
Charitable
activities
Nursery
Programmes		 13,283 26,934 40,217
Outreach
and Other Services		 152,118 152,118
Other trading
activities		 84,454 84,454
Investment
income		 11,942 11,942
Total 698,641 304,204 1,002,845
EXPENDITURE ON
Raising funds 129,746 10,803 140,549
Charitable activities
Nursery
Programmes		 127,651 210,819 338,470
Family Support 5,740 3,112 8,852
Outreach
and Other Services		 151,687 112,900 264,587
Total 414,824 337,634 752,458
Net gains on investments 18,231 18,231
NET INCOME/(EXPENDITURE) 302,048 (33,430) 268,618
Transfers
between funds		 4D18 ~4.018)
Net movement
in funds		 306,066 (37,448) 268,618
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,674,385 1,273,318 2,947,703
TOTAL FUNDS CARRIED FORWARD 1,980,451 1,235,870 3,216,321

TANGIBLE FIXEDASS ETS
Leasehold
property School Fixtures,
Portsmouth and fittings
Resource medical &office Motor
Centres
F		 equipment
f		 equipment
8		 vehicles
8		 Totals
E
COST
At 1 April 2021 3,397,979 242,041 168,040 19,248 3,827,308
Additions
Disposals		 4,587
~9,892)		 ~3,070) 2,599
~4,584)		 7,186
~18,286)
At 31 March 2022 3,392,674 238,231 166,055 19,248 3,816,208
DEPRECIATION
At 1 April 2021 1,071,618 210,618 135,025 19,248 1,436,509
Charge for year
Eliminated
on disposal		 76,613
~9,343)		 11,775
~3,070)		 5,932
~4,504)		 94,320
~77,737)
At 31 March 2022 1,138,888 218,583 136,373 19,248 1,513,092
NET BOOK VALUE
At 31 March 2022 2,253,786 19,648 29,682 2,303,116
At 31 March 2021 2,326,361 31,423 33,015 2,390,799

FIXEDASSET INVESTMENTS
Unlisted
investments
MARKET VALUE
At 1 April 2021 350,084
Additions 430,000
Revaluations 34,108
At 31 March 2022 814,192
NET BOOK VALUE
At 31 March 2022 814,192
At 31 March 2021 350,084

STOCKS
2022
f		 2021
f
Goods for resale 3,706 2,257
Stationery
and office consumables		 1,150 2,432
4,856 4,689
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
f		 2021
F
Trade debtors 28,183 28,636
Prepayments and accrued income 167,990 135,228
196,173 163,864
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
f		 2021
Trade creditors 9,396 12,825
Social security and other taxes 10,573 34,031
Other creditors 840 850
Accruals 44,825 41,105
Deferred income 4,481 40,617
70,115 129,428

yet met the recogn ition
criteria.
Deferred income at 1 April 2021 40,617
Amounts released from deferred income (40,617)
Amounts deferred this year 4,481
Deferred income at 31 March 2022 4,481
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2022 2021
Unrestricted Restricted Total Total
funds
f		 funds
F		 funds
f		 funds
f
Fixed assets 1,130,655 1,172,461 2,303,116 2,390,799
Investments 814,192 814,192 350,084
Current
Current		 assets
liabilities		 489,285
~70,745)		 21,822 511,107
~70,775)		 604,866
~120,420)
2,364,017 1,194,283 3,558,300 3,216,321

MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.22
E 5
Unrestricted
funds
General fund 1,980,451 378,270 5,296 2,364,017
Restricted funds
National
Lottery Charities		 Board
Reserve 117,633 (4,611) 113,022
Grants &Fees Reserve 19,386 7,732 (5,296) 21,822
Ovingdean
Fixed Assets Reserve
Portsmouth
Resource Centres Reserve		 340,227
758,624		 (14,307)
~25,705)		 325,920
733,519
1,235,870 36,291 ~5,296 1,194,283
TOTAL FUNDS 3,216,321 341,979 3,558,300
Net moveme nt
in funds,
i		 ncluded
in the ab		 ove are as foll ows:
Incoming Resources Gains and Movement
resources expended losses in funds
5
Unrestricted funds
General
fund		 834,836 (490,674) 34,108 378,2?0
Restricted funds
National
Lottery Charities		 Board
Reserve (4,611) (4,611)
Grants &Fees Reserve 212,611 (204,879) 7,732
Ovingdean
Portsmouth		 Fixed Assets Reserve
Resource Centres Reserve		 (14,307)
~25,000)		 (14,307)
~25005)
212,611 ~248,902) ~36,290
TOTAL FUNDS 1,047,447 ~700,070) 34,108 341,979

Comparativ es
for move		 me nt
in fun		 ds
Net Transfers
movement between At
At 1.4.20 in funds funds 31.3.21
F 6 6 8
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
Portsmouth		 Fixed Assets Reserve
Resource Centres Reserve		 354,533
783,729		 (14,307)
~25,705)		 340,226
758,624
1273318 ~33430) ~4018) 1,235870
TOTAL FUNDS 2,947,703 268,618 3,216,321
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
6 8 6
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
Portsmouth		 Fixed Assets Reserve
Resource Centres Reserve		 (14,307)
~25.105)		 (14,307)
~25.705)
304,204 ~337.534) ~33.430)
TOTAL FUNDS 1.DD2,845 ~752,458) 18,231 268,618

le ases for office equipment
as follows:
2022 2021
E
In less than one year 271 271
In two to five years 1,836 1,898
In more than five years
2,107 2,169

ACTIVITIES
2022 2021
E
Net income for the reporting period (as per the Statement of
Financial Activities) 341,979 268,618
Adjustments
for:
Depreciation
charges		 94,320 93,106
Gain on investments (34,108) (18,231)
Loss on disposal offixed assets 549
Interest received (2,395) (2,116)
Dividends
received		 (11,263) (3,413)
Increase
in stocks		 (167) (1,163)
Increase
in debtors		 (32,309) (66,928)
(Decrease)/increase in creditors ~59,313 20,515
Net cash provided by operations 297,293 290,388

ANALYSIS OF C HANGES
IN NET FUND		 S
At 1.4.21 Cash flow At 31.3.22
F E E
Net cash
Cash at bank and in hand 436,313 126,235 310,078
436,313 {126,235) 310,078
Total 436,313 ~126,235 310,078