2023-03-31-accounts - The Elizabeth Foundation

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ofo	ur families
Our	2022/23	lans:																		Our 2022/23 achievements
	To continue		to		review			our models of education											for	We continue to provide 'Outstanding' services to
	all services		to		ensure			that			we		use best practice						in	children with hearing loss and their families from
	our teaching		strategies						and techniques											all across the South of England (either on-site or
	To build skills				and		knowledge						across			our team			so	via Teams and Zoom when covid restrtictions were
	that we	can				consistently							provide				accurate,			in place);
	quantitative		and			qualitative						data		to	evidence			the		All children receive termly individual education
	impact ofour			work																plans and parents are updated regularly with
	To involve	and			engage				parents					and	past service-					achievements and 'next-steps';
	users																			Staff from TEF contributed evidence for EHCP
	To partner		with				professional							organisations					to	assessments forthose children who required this
	ensure that		families					receive				the highest					level		of	Support groups are well attended, and we have
	support																			received positive reports ofimpact- We created a
	To strengthen						our			partnerships						with		key		sensory room to support children attending our
	stakeholders			who collate						and			publish			evidence			of	services
	the needs	of		children					with		hearing				loss,		its	long-		New parent support resources were developed for
	term impact				and			the			difference					that		early		all groups- We developed new parent education
	intervention		can			achieve														videos for our website
	To safeguard				our		beneficiaries							and	staff through					We introduced a pilot BSLlevel 1 programme for
	our embedded				culture,				processes,						protocols			and		parents attending our programme- We gave
	reporting	mechanisms								(including						regular			1:1	presentations at NDCS national conference and
	appraisals		and			open-door						policy			for		staff	and		through online seminars
	volunteers	with			senior				managers)											TEF took 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 of the 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 wrote articles for
																				the CICS magazine
																				We hosted 4 professional days for people who
																				work in the field of deafness to learn more about
																				our services
																				We reviewed our Safeguarding policy and
																				procedure and ensured all staff, volunteers and
																				trustees were aware ofthe updates
																				We attended safeguarding training (bruising
																				protocol), Domestic abuse training, first-aid
																				training, fire safety training, safer food handling
																				training, allergy awareness training, defibrillator
																				use trainin, and safer recruitment trainin

2022/23	2022/23		lans	lans				Our 2022/23 achievements
To	increase			the reach	and scope of services so			Let's Listen 8, Talk enrolment increased	to 1113
that	we	can		support	families	remotely	through	compared with 945 at the same time last year,
outreach		programmes						made up of700 families and 413professionals.
To	continue			to update	and develop our		outreach	We welcomed, trained and mentored	a new
services		to	meet the varied needs offamilies					Programme Lead for the online programme
								We continued with a professional	training
								programme about LL&T, attending virtual team
								meetings with sensory impairment teams	across
								the UK; we attended the BCIG - a	national
								meeting forcochlear implant professionals	and we
								presented at the BATOD north conference
								We launched the toddler music programme
								We ran a very successful Summer	2022
								programme - with 6 families from Spain,	Ireland
								and En land

Goal 4:To rev	iew c	iew c	o	rpor	ate			se	rvic	es	to c	r	eat	e	re	sili	ence and build sustainable income
Our 2022/23	lans																Our 2022/23 achievements
To build up The			Elizabeth					Foundation's				resilienc					We developed a working group to analyse our
and sustainability				by	continuing					to	follow		a	long			investment strategy to ensure it remains robust
term approach		to		financial				planning.									and fit for purpose
To enhance		our		regular					income		streams				b		We continued with lease negotiations with
developing	the	potential				ofour existing assets.											Portsmouth City Council
To continue to		keep pace					with evolving legislation										We reviewed legislation about hybrid Board
&best practice			concerning					people			management,						meetings and updates to the charity SORP
for both staff and				volunteers.													We refreshed plans for IT and general
To continue to		maximise					the		efficiency,			reliability,					maintenance- We updated all MIDAS training.
security and		safety			of		our		corporate				service
functions.
Goal 5:To engage		a		robust			marketing				plan		both			for	services and for funding
Our 2022/23	lans																Our 2022/23 achievements
To implement				social				media		activities					that		We put one story from each nursery out each
effectively	engage			families,				professionals,					funders				week on social media and invited feedback from
and the wider		public			to	increase				awareness					and		families &professionals
funding.																	We ensured all events/ fundraising are present on
To review	the	purpose				and			effectiveness					of	the		social media
website.																	We published articles/ good news stories to
To create	video			and	photographic						materials					to	engage and fulfil multi-audience requirements
promote the charity's					activities (separate							to online					across a broad range ofsocial media sites
Home Learning			Programme).														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
																	Report during the financial year- E-news
																	continued to be sent to stakeholders to keep our
																	supporters informed of events and happenings,
																	while our articles have appeared in Cochlear
																	Implant Support Group magazine
																	We continue to promote our services and take
																	soundings at networking meetings forSpeech and
																	Language Therapists, Teachers of the Deaf,
																	Audiologists and Cochlear Implant Teams- New
																	music therapy session materials were added to
																	the website
																	We continued to develop new Speech and
																	Language Therapy and Education support videos
																	for parents
																	We took part in live radio broadcasts, promoting
																	our services.

Registered		Charity number	Charity number	Charity number	Charity number
293835
Registered		office
The Elizabeth			Foundation
Southwick	Hill		Road
Cosham
Portsmouth
Hampshire
PO6 3LL
Trustees
W Al-Safi
P Ardern
AJ Given
TC R Holloway			- Chair
SJ Hutchinson
I L Manual
M Waters (resigned 28.4.22)
SRWindridge			(appointed		8.5.22)
Auditors
Knox Cropper			LLP
Chartered	Accountants			and Statutory		Auditors
Office Suite		1
Haslemere	House
Lower Street
Haslemere
Surrey
GU27 2PE

					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E	E	6	6
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	312,010	133,758	445,768	712,381
Charitable activities
Nursery Programmes			18,844	12,622	31,466	30,613
Outreach and Other Services			186,576		186,576	167,417
Other trading activities			56,098		56,098	117,962
Investment income			31,997		31 991	19,074
Total			605,525	146,380	751,905	1,047,447
EXPENDITURE ON
Raising funds		6	137,601	7,338	144,939	136,720
Charitable activities		7
Nursery Programmes			243,797	109,393	353,190	339,307
Family Support			12,997	5,250	18,247	17,930
Outreach and Other Services			187,708	65,774	253,482	245,619
Total			582,103	187,755	769,858	739,576
Net gains/(losses) on investments			~23,040)		~23,940)	34,108
NET INCOME/(EXPENDITURE) Transfers between funds		20	(518) 5,000	(41,375) ~0,000)	(41,893)	341,979
Net movement in funds			4,482	(46,375)	(41,893)	341,979
RECONCILIATION OF FUNDS
Total funds brought forward			2,364,017	1,194,283	3,558,300	3,216,321
TOTAL FUNDS CARRIED FORWARD			2,368,499	1,147,908	3,516,407	3,558,300

		2023	2022
	Notes	F	F
FIXEDASSETS
Tangible assets	14	2,233,114	2,303,116
Investments	15	870,252	814,192
		3,103,366	3,117,308
CURRENT ASSETS
Stocks	16	5,044	4,856
Debtors	17	97,793	196,173
Cash at bank and in hand		409,537	310,078
		512,374	511,107
CREDITORS
Amounts falling due within one year	18	(99,333)	(70,115)
NET CURRENT ASSETS		413,041	440,992
TOTAL ASSETSLESSCURRENT
LIABILITIES		3,516,407	3,558,300
NET ASSETS		3,516,407	3,558,300
FUNDS	20
Unrestricted funds		2,368,499	2,364,017
Restricted funds		1,147,908	1,194,283
TOTAL FUNDS		3,516,407	3,558,300

					2023	2022
				Notes
Cash flows from	operating		activities
Cash generated from operations				23	180,704	297,293
Net cash provided	by operating activities				180,704	297,293
Cash flows from	investing		activities
Purchase oftangible fixed assets					(25,859)	(7,186)
Purchase offixed	asset investments				(80,000)	(430,000)
Interest received					3,337	2,395
Dividends received					21,277	11,263
Net cash used in	investing	activities			/81,245)	(423, 552288)
Change in cash	and cash		equivalents
in the reporting	period				99,459	(126,235)
Cash and cash equivalents			at the
beginning ofthe	reporting		period		310,078	436,313
Cash and cash equivalents			at the end
ofthe reporting	period				409,537	310,078

DONATIONS AND LEGAC	IES
			2023	2022
	Unrestricted	Restricted	Total	Total
	funds	funds f	funds 6	funds f
Donations	87,131		87,131	130,532
Legacies	196,564		196,564	332,566
Grants	28,315	133,758	162,073	249,283
	312,010	133,758	445,768	712,381

2023f	2022 6
162,073	249,283

Comic Relief					46,076	50,815
Communication Consortium					16,700	25,000
Generation Foundation					13,200	13,800
Steel Charitable Trust					10,000
Tesco Groundworks Golden	Award				10,000
Morrisons Foundation					8,794
The Brickability Group Foundation					5,000
The Mikado Trust					5,000	5,000
MJB Charitable Trust					5,000
Screwfix Foundation					5,000
The Webb Family Charitable		Trust			5,000
Barratt Developments Trust					3,000
Rathbone Investment Management					3,000
Abbvie Limited					2,000
John Horniman's Children's	Trust				2,000	3,000
Portsmouth Aviation Limited					1,865
AT&T					1,688	3,553
The SirJames Roll Charitable		Trust			1,250	1,000
Emilienne Charitable Trust					1,000	1,000
FBCoales No.4 Family Trust					1,000	1,000
The Nagle Family Foundation					1,000
The Neighbourly Foundation					1,000
Portsmouth City Council					1,000	2,700
Garfield Weston Foundation						25,000
BBCChildren In Need						22,183
The Ardeola Charitable Trust						15,000
The Sobell Foundation						15,000
Ovingdean Hall Foundation						11,261
Kusuma Trust UK						11,000
Clearwater Madne Investments						8,780
The Weinstock Fund						5,000
The Bailey Thomas Charitable		Fund				4,000
Ecclesiastical Insurance						3,500
The Irving Memorial Trust						3,000
Coronavirus Job Retention	Scheme					2,901
The Desmond Foundation						2,500
The Halberd Charitable Trust						2,500
The Charlotte Bonham-Carter		Chari	table Trust			2,040
The Sir Bernard &Lady Schreier Fo				undation		2,000
Victorious Festival						1,500
Hendy Foundation						1,200
Arnold Clark Community Fund						1,000
Sir Cliff Richard Charitable	Trust					1,000
Other grants					12,500	2,050
					f162,073	f249,283

							2023	2022
				Unrestricted		Restricted	Total	Total
					funds	funds	funds	funds
					8	F	6	6
Fundraising	events			49,618			49,618	62,732
Letting ofchadty property					6,480		6,480	55,230
				56,098			56,098	117,962
INVESTMENT		INCOME
							2023	2022
				Unrestricted		Restricted	Total	Total
					funds f	funds	funds 6	funds f
Solar panels					7,383		7,383	5,416
Fixed asset	investments			21,277			21 277	11,263
Deposit account interest					3,337		3,337	2,395
				31,997			31„997	19,074
INCOME FROM CHARITABLE ACTIVITIES
							2023	2022
			Activity				6	F
Session charges			Nursery	Programmes			31,466	30,613
Audiology			Outreach	and Other	Services		186,172	167,228
Home learning consultancy		&	Outreach	and Other	Services		404	189
							218,042	198,030

Raising dona	tio	ns and legacies
					2023	2022
			Unrestdcted	Restricted	Total	Total
			funds	funds	funds	funds
			f	f	f	f
Staff costs			83,099		83,099	71,256
Insurance			912	1,595	2,507	2,092
Premises &utilities			1,383	1,180	2,563	2,825
Communications		& IT	4,837	532	5,369	4,877
Service consumables			1,862	1,418	3,280	3,277
Printing &promotion			5,309	355	5,664	3,816
Other costs			1,533		1,533	1,337
Hire charges	&	event costs	18,999	262	19,261	27,733
Recruitment,	ID checks, travel and
subsistence			560		560	1,338
Depreciation			1,160	1,996	3,156	3,143
Support costs			17,947		17,947	15,026
			137,601	7,338	144,939	136,720
CHARITABLE ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 8)	note 9)	Totals
				E	F
Nursery Programmes				305,132	48,058	353,190
Family Support				15,956	2,291	18,247
Outreach and	Other Services			226,136	27,346	253,482
				547,224	77,695	624,919

DIRECT CO	STS	OF CHARITABLE ACTIVITIES
			2023 F	2022 f
Staff costs			346,431	330,735
Insurance			11,800	11,040
Premises &	utilities		60,690	66,893
Communications		& IT	4,922	5,720
Service consumables			16,962	17,569
Printing & promotion			5,007	4,071
Other costs			15,499	10,936
Recruitment,	ID	checks, travel and subsistence	2,524	808
Depreciation			83,389	82,539
			547,224	530,311

SUPPORT COSTS	SUPPORT COSTS
		Other f
Raising	donations and legacies	17,947
Nursery	Programmes	48,058
Family Support		2,291
Outreach	and Other Services	27,346
		95,642

Support	costs	, i	nclude	d	in the above, are as follow	s:
						Raising
						donations
						and	Nursery	Family
						legacies F	Programmes	Support f
Wages						11,579	29,080	1,458
Premises	&utilities					178	1,784	37
Communications			& IT			2,433	6,110	306
Legal &	professional			fees		303	762	38
Auditor's	remuneration					1,526	3,833	192
Bank charges						383	963	48
Recruitment,		ID	checks,		travel and
subsistence						55	138	T
Depreciation		of	tangible		fixed assets	1,490	5,388	205
						1T,947	48,058	2,291

					2023	2022
				Outreach
				and Other	Total	Total
				Services	activities	activities
				5	E
Wages				17,735	59,852	59,200
Premises & utilities				208	2,207	2,432
Communications & IT				3,726	12,575	6,405
Legal & professional		fees		464	1,567	1,580
Auditor's remuneration				2,339	7,890	7,170
Bank charges				587	1,981	(27)
Recruitment,	ID checks,		travel and
subsistence				84	284	2,173
Depreciation	oftangible		fixed assets	2,203	9,286	8,638
				27,346	95,642	87,571
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
					2023	2022
						5
Depreciation	- owned	assets			95,831	94,320
Auditors' remuneration					6,890	7,170

STAFF CO	STS
				2023 8	2022 f
Staffcosts:
Wages and	salaries			427,058	405,267
Social security costs				25,916	20,709
Pension contributions				36,408	35,315
Termination	payments
				489,382	461,191
The average	monthly	number ofemployees	during the year was as follows:
				2023	2022
Raising funds				3	2
Charitable activities				16	16
Support				2	2
				21	20

	The number of employees	whose	whose	benefits	(excluding employer	pension	exceeded
	660,000was:
						2023	2022
	F60,001 - 270,000					1	1
13.	COMPARATIVES FOR THE	STATEMENT OF		FINANCIAL	ACTIVITIES
					Unrestricted	Restricted	Total
					funds f	funds F	funds f
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				517,599	194,782	712,381
	Charitable activities
	Nursery Programmes				12,784	17,829	30,613
	Outreach and Other Services				167,417		167,417
	Other trading activities				117,962		117,962
	Investment income				19,074		19,074
	Total				834,836	212,611	1,047,447
	EXPENDITURE ON
	Raising funds				127,167	9,553	136,720
	Charitable activities
	Nursery Programmes				165,354	173,953	339,307

COMPARATIVES FOR THE	COMPARATIVES FOR THE	STATEMENT	OF FINANCIAL	ACTIVITIES -	continued
				Unrestricted	Restricted	Total
				funds	funds	funds
				f	f
Family Support				12,210	5,720	17,930
Outreach and Other	Services			185,943	59,676	245,619
Total				490,674	248,902	739,576
Net gains on investments				34,108		34,108
NET INCONIE/(EXPENDITURE) Transfers between funds				378,270 5,296	(36,291) ~5,295)	341,979
Net movement in funds				383,566	(41,587)	341,979
RECONCILIATION	OF FUNDS
Total funds brought	forward			1,980,451	1,235,870	3,216,321
TOTAL FUNDS CARRIED FORWARD				2,364,017	1,194,283	3,558,300
TANGIBLE FIXEDASSETS
		Leasehold
		property	School	Fixtures,
		Portsmouth	and	fittings
		Resource	medical	&office	Motor
		Centres	equipment f	equipment f	vehicles f	Totals f
COST
At 1 April 2022		3,392,674	238,231	166,055	19,248	3,816,208
Additions Disposals		21,902 ~35)	857 ~4,654)	3,100 ~7537),		25,859 ~5,721)
At 31 March 2023		3,414,546	234,434	168,118	19,248	3,836,346
DEPRECIATION
At 1 Apdil 2022		1,138,888	218,583	136,373	19,248	1,513,092
Charge for year Eliminated on disposal		77,878	11,386 ~4,654)	6,567 ~1,937)		95,831 ~5,691)
At 31 March 2023		1,216,766	225,315	141,903	19,248	1,603,232
NET BOOK VALUE
At 31 March 2023		2,197,780	9,119	26,215		2,233,114
At 31 March 2022		2,253,786	19,646	29,682		2,303,116

FIXEDASSET INVESTMENTS
	Unlisted
	investments
	6
MARKET VALUE
At 1 April 2022	814,192
Additions	80,000
Revaluations	$23,940)
At 31 March 2023	870,252
NET BOOK VALUE
At 31 March 2023	870,252
At 31 March 2022	814,192

16.	STOCKS
					2023 8	2022 f
	Goods for	resale			3,946	3,706
	Stationery	and office consumables			1,098	1,150
					5,044	4,856
17.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
					2023	2022
					6
	Trade debtors				4,051	28,183
	Other debtors				19
	VAT				4,014
	Prepayments		and accrued income		89,709	167,990
					97,793	196,173

CREDITORS: ANIOUNTS FALLING DUE WITHIN ONE	YEAR
	2023	2022
	6	6
Trade creditors	10,476	9,396
Social secudity and other taxes	8,351	10,573
Other creditors	890	840
Accruals	61,080	44,825
Deferred income	18,536	4,481
	99,333	70,115

Deferred	income	at 1 April 2022		4,481
Amounts	released	from deferred	income	(4,481)
Amounts	deferred	this year		18,536
Deferred	income	at 31 March 2023		18,536

ANALY	SIS OF NET ASSETS	BETWEEN FUNDS
				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		F	6	6	f
Fixed assets		1,104,675	1,128,439	2,233,114	2,303,116
Investments		870,252		870,252	814,192
Current Current	assets liabilities	492,905 ~99,333)	19,469	512,374 ~99,333)	511,107 ~)9,115)
		2,368,499	1,147,908	3,516,407	3,556,300

MOVEM	EN	T IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.4.22 f	in funds f	funds f	31.3.23 f
Unrestricted		funds
General	fund			2,364,017	(518)	5,000	2,368,499
Restricted		funds
National	Lottery Charities		Board Reserve	113,022	(4,611)		108,411
Grants	&Fees Reserve			21,822	2,647	(5,000)	19,469
Ovingdean Portsmouth		Fixed Assets Reserve Resource Centres Reserve		325,920 733,519	(14,306) ~35,100)		311,614 708,414
				1,194,283	41,375	5,000	1,147,908
TOTAL	FUNDS			3,058,300	~41,893)		3,516,407

Net mov	eme	nt in funds, i	ncluded in the abov	e are as follows	:
				Incoming	Resources	Gains and	Movement
				resources f	expended f	losses f	in funds f
Unrestricted		funds
General	fund			605,525	(582,103)	(23,940)	(518)
Restricted		funds
National	Lottery Charities		Board Reserve		(4,611)		(4,611)
Grants	&Fees Reserve			146,380	(143,733)		2,647
Ovingdean		Fixed Assets	Reserve		(14,306)		(14,306)
Portsmouth		Resource Centres Reserve			+25,105)		$25,105)
				146,380	187,755		$41,375)
TOTAL	FUNDS			751,905	~769,858)	$23,940)	/41,893)

Compar	ativ	es for move	ment in funds
					Net	Transfers
					movement	between	At
				At 1.4.21	in funds	funds	31.3.22
					F	8	F
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 Portsmouth		Fixed Assets Reserve Resource Centres Reserve		340,227 758,624	(14,307) ~25,105)		325,920 733,519
				1,235.870	~36,297)	~5,296	1.194.283
TOTAL	FUNDS			3,216,321	341,979		3,558,300

Compar	ative	net moveme	nt in funds, include	d in the above	are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
					F	6	6
Unrestricted		funds
General	fund			834,836	(490,674)	34,108	378,270
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, ) 05)		(14,307) ~25,705)
				212,611	~248,902)		36,291
TOTAL	FUNDS			1,047,447	~739,576)	34,108	341,979

an	d at 31 March 2023the commitments under the	lease are as follows:
		2023 8	2022 f
In	less than one year	10,500	10,500
In	two to five years	42,000	42,000
In	more than five years	608,125	618,625
		660,625	671,125

le	ases for office equipment as follows:
		2023	2022
		5	5
In	less than one year	307	271
In	two to five years	1,836	1,836
In	more than five years
		2,107	2,107

RECONCILIATION ACTIVITIES	OF NET (EXPENDITURE)	/INCOME TO NET CASH	FLOW FROM OPE	RATING
			2023 8	2022 f
Net (expenditure)/income for the reporting		period (as per the
Statement of Financial Activities)			(41,893)	341,979
Adjustments for:
Depreciation charges			95,831	94,320
Losses/(gain) on investments			23,940	(34,106)
Loss on disposal offixed assets			30	549
Interest received			(3,337)	(2,395)
Dividends received			(21,277)	(11,263)
Increase in stocks			(188)	(167)
Decrease/(increase)	in debtors		98,380	(32,309)
Increase/(decrease)	in creditors		29,218	$59,313)
Net cash provided	by operations		180,704	297,293

ANALYSIS OF CHANGES IN NET FUNDS
	At 1.4.22	Cash flow	At 31.3.23
	E	f	8
Net cash
Cash at bank and in hand	310,078	99,459	409,537
Total	310,078	99,459	409,537