COCHLEAR IMPLANTED CHILDREN'S SUPPORT GROUP (CIC'S GROUP)
The principal objectives and activities of the Charity include the relief of needs of children who are deaf or have hearing impairment, in particular those who have or are considering cochlear implants and their families by the provision of advice, support and sponsoring research projects and to provide facilities in the interests of social welfare.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £2,498 for the year, with unrestricted net assets totaling £189,596. The trustees note that the financial outcome was satisfactory despite economic challenges and increased costs, though they remain aware of the vulnerability associated with operating in difficult times. Reserves are held to cover approximately three years of annual expenditure.
What the accounts disclose
“The Trustees deem it prudent to have sufficient reserves to enable the charity to carry out its objectives for the foreseeable future, and have deemed this to be approximately three years' annual expenditure.” — page 13
“The Trustees remain acutely aware of the vulnerability oi the small Charity dealing with a low incidence disability operating in difficult times and competing with larger high-profile charities for funds.” — page 10
Trustees
- MRS TRICIA KEMPchair
- Angela O'Donovan
- Donna-Marie Tuffs
- Jeremy James Foster
- MARY CHIBUZO OGWO
- Monika Ursula Fines
- NEHA MEHTA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £133k | £130k |
| 31/12/2023 | £174k | £128k |
| 31/12/2022 | £95k | £100k |
| 31/12/2021 | £91k | £86k |
| 31/12/2020 | £40k | £45k |
Common questions
Is COCHLEAR IMPLANTED CHILDREN'S SUPPORT GROUP (CIC'S GROUP) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £2,498 for the year, with unrestricted net assets totaling £189,596. The trustees note that the financial outcome was satisfactory despite economic challenges and increased costs, though they remain aware of the vulnerability associated with operating in difficult times. Reserves are held to cover approximately three years of annual expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SANDRA CHARITABLE TRUST | 2 | £13k |
| ANSON CHARITABLE TRUST | 2 | £8k |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 2 | £5k |
| DRAGON CHRISTMAS CHARITY SALE | 2 | £2k |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | — |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £615k |
| THE PETS AT HOME FOUNDATION | 1 | £595k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £500k |
Charities like this
- BIRKDALE TRUST FOR HEARING IMPAIRED LTD
- CHILDREN WITH CANCER UK
- CANTO LEARNING LIMITED
- HEARING DOGS FOR DEAF PEOPLE
- SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS)
- SPECIAL PLAY AND LEISURE AFTER SCHOOL HOURS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COCHLEAR IMPLANTED CHILDREN'S SUPPORT GROUP (CIC'S GROUP) | £133k | — | 0 | unclear | — | noted |
| BIRKDALE TRUST FOR HEARING IMPAIRED LTD | £253k | — | 0 | above | — | no doubt |
| CHILDREN WITH CANCER UK | £17.8m | £130,001 - £140,000 | — | unclear | 20.0% | no doubt |
| CANTO LEARNING LIMITED | £2.2m | — | — | unclear | — | no doubt |
| HEARING DOGS FOR DEAF PEOPLE | £16.4m | — | — | within | — | no doubt |
| SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) | £325k | — | 0 | unclear | — | no doubt |