ODCS Treasurer Report to AGM
Year ending 31 March 2025
The Charity’s accounts for the year ending March 2025 have been prepared and independently examined by Wilkins & Co (Accountants) for the first time.
The committee volunteers have worked extremely hard to put on a wide range of wonderful events, which have helped the charity to spend broadly in line with our long-term spending plans this year, a very welcome development after several years where spending has been below plan. We are all very grateful for the hard work put in by these volunteers. It has remained surprisingly difficult to attract appropriate requests for grants, but we are pleased to see that efforts to spread the word that the charity is able to make grants to individuals and organisations have resulted in some successful applications.
Spending for the year increased from £16,490 to 20,040. Spending on Children’s Events - including wonderful Summer and Christmas parties - accounted for the largest share and we also provided a varied range of Theatre Visits and workshops. Costs associated with running the charity, including admin support and the costs of running online and in-person meetings, increased (and will be higher in the current year, with both the costs of our administrators and the costs of accountancy services taken into account). We are very grateful to our administrators for the greater efficiency and effectiveness that has been brought to our volunteer committee.
Income from the year was substantially higher than last year, at £39,705 (up from £17,182). However, this figure is distorted by a large one-off sum, as ODCS received a small share of the proceeds from the sale of the Oxford Deaf Centre. Excluding that one-off, the vast majority of income was again received from dividends and interest on the charity’s investments, which underpin our future spending.
The Charity’s assets stand at over £590k at the year end, up from £571k the prior year, benefiting from the capital receipt of the proceeds of the Deaf Centre sale. The capital value of the investment portfolio saw a modest unrealised loss, when measured from March 2024 to March 2025, partly accounted for by dividends being paid into our cash accounts (capital values in the current year, as at the end of August, show a meaningful advance from March 2025, as global stock markets have recovered and made further gains). The charity’s investment portfolio is invested with the aim of delivering long-term growth above inflation to support ODCS’ long-term spending intentions, through well-diversified allocations to three different Charity investment funds with contrasting investment approaches.
Cash resources, mostly held in a diversified series of short- and medium-term deposits to obtain better interest rates than instant access accounts, rose from £142,848 to £168,504 over the year. These cash deposits solidly underpin the charity’s expected spending needs for the next five years or more, allowing the investment portfolio to develop to support longterm spending without reliance on fund-raising.
ODCS remains in an extremely strong financial position, able to support an increase in spending on events and grants from current levels, and actively seeking applications for funding.
Alex Scott Treasurer ODCS 30 Nov 2025
OXFORDSHIRE CHILDRENS DEAF SOCIETY INDEPENDENT EXAMINER:S REPORT TO THE TRUSTEES OF OXFORDSHIRE DEAF CHILDREN'S SOCIETY Ch1 No 297689 We r¢p)rt to the trnstees on our examination of the accounts of Oxfordshire Deaf Children's Society for the Ye ended 31° MCh 2025 onsibilities and basis of As the charity trustees, of the Society, you are responsibl¢ for the preparation of the accounts in accordan¢¢ with the requirements to the Charities Act 2011 ('the Act,). We report in respect of our examinatlOD of the Society's accounts carried out urlder section 145 of the 2011 Act and in carying out our examination we have followed all the applicable directions given by the Charity Comn]ission under section 145(5Xb) of the 2011 Act. Ind ndent examiner's statement We have Complet our examination. We CODfitm that no material matters bave come to OUT attention in connection with the examinatson giving us cause to believe that in any material l) Accounting records were not kept in reStt of the Society as required by section 130 of the ACL or 2) Th¢ accounts do tkot accord with those records. or 3) Th¢ accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matt¢T considered as part of an independent examination. We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper urlderstanding of the accounts to reached. Wilkins & Co Ltd Accountants 25A Market Square, Bicester, Oxon. OX26 6AD 2025.
Oxfordshire Deaf Children's Society Registered Charity No 297689 Flnandal Statemert for the year ended 31 Manth 2025 Balance Sheet 2024 Quilter (former Old Mutuall RuFFer Sarasin Blackrock 97.678.65 225,918.92 98.207.49 96.996.09 229.366.68 102.113.1 421.06 428A75.83 Current Assets GIF Current CAF Deposlt Flagstone Deposlt 3,543.94 8.214.35 156.746.07 7.148.15 55.12 135.645.60 168W.36 142W Cnt Llabllltles Uncleared Cheques 590,309.42 571324.70 Represented By Working Capital CIF Excess of Income over Expenditure Unrealised Gains BIF Unrealised Gains in Year CapTtal Invested 115.W.34 114.773.46 19.664.02 L134.88 25.416.36 11,842.41 679.30 13,573.95 430,CiM).(KI 430,0.&) 590309.42 571324.70
Oxfordshire Deaf Children's Society Registered Charity No 297689 Hnand81 Staternent ftvihe yearended 31 Manth2025 Re¢ei ts&p ments Iniuest & Imffjrtment IrKome Old Mutual Sarasin Ruffer BlathrcKk Fla85tune CAF CuThent CAF Gold Paypal Giving Russell Cooke-LLP 957.51 6.15L52 2,445.40 3.313.1 4.24 6.169.68 3.057.44 1,773.18 9.32 3L91 27.616.75 38.648 I7.73 Sub5CTiPtiuns Donations Aléermore Interest Interest reIable 20.1)) 250. 169.76 IAB5.75 Totsl R•c• 39.704.71 17,18238 Pawne ststionery & P05t Meetlng & 5oclety Chlk4rÈn's Events Thieve'sVi5tt Socrdl Events Sundries Contribution to LEA AsStstse forthe Deaf FYD Weware Fees Speech & Lan8uageTherapy OthÈr Bank Char8es Travel 33726 14.687.07 4219.77 331.76 8,62353 3.373.O) 526.99 376.91 L269.20 Totsl Payment 20.IMO.69 16J147.10 L135.18