EXETER ROYAL ACADEMY FOR DEAF EDUCATION

Charity number: 1124523
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The operation of a School which educates students aged 5 to 16 years and a Further Education College providing post 16 education. Both the School and College offer residential and day placements to deaf young people. The Charity also operates a Children's Home for deaf young people.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£6,503,339

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Donations and legacies £258.89k
Charitable activities £6.11m
Other trading activities £42.07k
Investments £27.23k
Other £69.80k

Total expenditure:
£6,257,133

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Raising funds £0
Charitable activities £6.26m
Other £0

-£5,317 investments gains (losses)

Total income includes £5,976,857 from 32 government contract(s) and £112,653 from 7 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £6.26m
Retained for future use £246.21k

People

127 Employee(s)

10 Trustee(s)

11 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£80k to £90k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Disability
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Devon

Governance

Registration history:
  • 16 June 2008: Standard registration
  • 17 September 2021: Funds received from 256234 THE DEVON AND EXETER DEAF CHARITY
  • 26 September 2024: Funds received from 1067367 MUSIC IN MOTION
Organisation type:
Charitable company
Other names:
  • the Deaf Academy (Working name)
Company number:
06585703 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dame Angela Mary Pedder Chair 11 June 2020
None on record
Dr Madeleine Heather Collie Trustee 19 October 2023
BUDLEIGH MUSIC FESTIVAL
Received: On time
Jennifer Mary Stephens MBE Trustee 04 May 2023
None on record
Sara Jane Papworth Trustee 09 February 2023
DEVON WILDLIFE TRUST
Received: On time
DAVID BALFOUR ROBERTSON Trustee 05 November 2020
Valencia Communities Fund
Received: On time
Robert Harold Spencer Trustee 05 November 2020
None on record
Anthony David Collyer Trustee 03 July 2020
None on record
Anthony Kenneth Alexander Trustee 18 June 2018
None on record
Rhodri Giles Davey Trustee 05 October 2017
None on record
John Peter Alistair Dewhirst Trustee 12 December 2016
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £4.80m £5.36m £5.46m £5.83m £6.50m
Total expenditure £5.29m £4.90m £5.24m £5.46m £6.26m
Income from government contracts £3.09m £4.02m £4.82m £5.33m £5.98m
Income from government grants £68.08k £107.73k £169.72k £106.02k £112.65k
Income - Donations and legacies £15.22k £907.93k £388.31k £302.19k £258.89k
Income - Other trading activities £43.29k £36.26k £41.67k £38.34k £42.07k
Income - Charitable activities £4.74m £4.15m £5.00m £5.44m £6.11m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £34.35k £8.61k £2.68k £5.21k £27.23k
Income - Other £10.67k £258.48k £25.77k £38.88k £69.80k
Income - Legacies £659 £803 £232.52k £285.00k £137.97k
Expenditure - Charitable activities £5.12m £4.71m £5.24m £5.45m £6.26m
Expenditure - Raising funds £167.67k £189.67k £6.09k £6.09k £0
Expenditure - Governance £11.48k £26.33k £32.26k £39.46k £39.13k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £115 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £10.72m £17.60m £17.56m £17.09m £18.45m
Long-term investments £270.61k £52.26k £61.95k £64.09k £57.51k
Other assets £5.96m £1.31m £1.01m £2.21m £1.56m
Defined benefit pension scheme asset or liability -£8.43m -£9.31m -£9.75m -£1.37m £0
Total liabilities £2.23m £3.57m £2.78m £2.82m £3.23m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 19 February 2024 On Time
Accounts and TAR 31 August 2023 19 February 2024 On Time Download Open in new window
Annual return 31 August 2022 13 February 2023 On Time
Accounts and TAR 31 August 2022 13 February 2023 On Time Download Open in new window
Annual return 31 August 2021 03 March 2022 On Time
Accounts and TAR 31 August 2021 03 March 2022 On Time Download Open in new window
Annual return 31 August 2020 09 May 2021 On Time
Accounts and TAR 31 August 2020 09 May 2021 On Time Download Open in new window
Annual return 31 August 2019 28 June 2020 On Time
Accounts and TAR 31 August 2019 28 June 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 06/05/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 06/10/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/07/2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02 OCT 2017 as amended on 11 May 2018 as amended on 28 Aug 2018 as amended on 31 Jan 2020 as amended on 31 Mar 2022

Charitable objects

THE COMPANY'S OBJECTS ARE:- 3.1. TO PROVIDE EDUCATION, TRAINING, CARE, ACCOMMODATION, LEISURE OPPORTUNITIES, WELFARE AND OTHER SUPPORT SERVICES TO DEAF PEOPLE AND PEOPLE WHO ARE NOT DEAF BUT WHO, DUE TO SOME OTHER DISABILITY, WOULD BENEFIT FROM THE SAME (PRINCIPALLY THOUGH NOT EXCLUSIVELY FROM THE COUNTIES OF DEVON, CORNWALL, SOMERSET AND DORSET) WITH THE OBJECT OF DEVELOPING THEIR PERSONAL, MENTAL, PHYSICAL AND SPIRITUAL CAPACITIES SO THAT THEY MAY REALISE THEIR FULL POTENTIAL AS INDIVIDUALS AND MEMBERS OF THEIR COMMUNITIES AND SOCIETY AS A WHOLE AND SO THAT THEIR CONDITION OF LIFE MAY BE IMPROVED; AND 3.2. TO EDUCATE THE GENERAL PUBLIC IN THE NEEDS AND CAPABILITIES OF DEAF PEOPLE WITH A VIEW TO ACHIEVING GREATER INTEGRATION BETWEEN DEAF AND HEARING COMMUNITIES.

Area of benefit

The area the charity can operate in, as set out in its governing document.

THE COUNTIES OF DEVON, CORNWALL, SOMERSET AND DORSET

Contact information

Address:
The Deaf Academy
1 Douglas Avenue
EXMOUTH
EX8 2AU
Phone:
01395 203130
Email:
info@thedeafacademy.ac.uk
Website:

www.thedeafacademy.ac.uk Open in new window