**REGISTERED CHARITY NUMBER: 1053528**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for CAMEO
Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
CAMEO
Contents of the Financial Statements for the Year Ended 31 March 2022
|||Page||
|---|---|---|---|
|Reference and Administrative Details||1||
|Report of the Trustees|2|to|4|
|Independent Examiner's Report||5||
|Statement of Financial Activities||6||
|Balance Sheet||7||
|Notes to the Financial Statements|8|to|12|
|Detailed Statement of Financial Activities|13|to|14|
CAMEO
Reference and Administrative Details for the Year Ended 31 March 2022
|**TRUSTEES**|A Ceruso (appointed 20.4.21)|
|---|---|
||B E Wilkinson Founder 1991 (resigned 31.8.21)|
||E Griffiths (appointed 20.4.21) (resigned 1.10.21)|
||D M Williams (resigned 6.7.22)|
||B Dow|
||S L Hannah|
||G Pointon Founder 1991 (resigned 31.8.21)|
||L D DiPetro (appointed 1.8.21)|
|**PRINCIPAL ADDRESS**|26 Harpesford Avenue|
||Virginia Water|
||Surrey|
||GU25 4RD|
|**REGISTERED CHARITY**|1053528|
|**NUMBER**||
|**INDEPENDENT EXAMINER**|Ark Accountancy|
||Chartered Certified Accountant|
||31 Cheam Road|
||Epsom|
||Surrey|
||KT17 1QX|
|**INTERNET ADDRESS**|www.cameodaycentres.org.uk|
|**BANKERS**|Metro Bank|
||Barclays Bank|
||NatWest Bank|
Page 1
CAMEO
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To promote the welfare of elderly persons suffering from senile dementia and other forms of memory loss by the provision of advice in the care of such elderly persons and by the provision of respite care in the Borough of Spelthorne and beyond. We operate 5 days a week from St. Mary's Parish Hall in Lower Sunbury.
## **Our Mission**
With our strong reputation and experienced team, CAMEO connects and cares for people as individuals. We provide stimulating activities for people impacted by dementia in a safe and engaging environment. We reduce social isolation and improve the wellbeing of families so people can live where they want to, for as long as they can.
We provide respite opportunities for primary carers to take care of their own mental and physical health.
## **Our Vision** :
People with dementia, their families and friends continue to live in harmony in their local communities
## **Our Goals** :
Accessible - CAMEO will be accessible to all, and always there when needed. Leading - CAMEO is seen as a leader in the service and support it provides. Influential - CAMEO is influential in driving improvements in dementia care
## **IMPACT OF COVID-19**
The pandemic and subsequent lockdown had a substantial impact in the running of CAMEO charitable activities. Those were interrupted from 18th March 2020 until 2nd of November 2020 and again from 18th December 2020 to 8th March 2021; this was to comply with the lockdown rules at that time.
We regret that we could not support the family and carer of people regularly visiting the centre and offer our services to new people in need. We were sad about CAMEO's more vulnerable friends, losing their life, and trying to be close to their family, offering some comfort remotely. It is known that social isolation and mental health issues have increased during the pandemic and CAMEO's services have been in highly demand to support struggling families.
For this reason, the trustees, manager, staff and volunteer have strived to make the return of CAMEO activities possible. A bold decision was made to look for an alternative premises (previously the GREENO - Shepperton, that has been closed for a substantial longer period)
The new premises for the centre then become St. Mary Parish Hall in Lower Sunbury, this has been assessed and further investments made to re-purpose the building to the new use, particularly to allow the daily delivery of fresh and warm lunches for the residents, previously provided in the GREENO facilities by third parties and paid for by the residents.
## **ACHIEVEMENT AND PERFORMANCE**
## **Internal and external factors**
## **IMPACT OF COVID-19**
The pandemic and subsequent lockdown had a substantial impact in the running of CAMEO charitable activities. For this reason, the trustees, manager, staff and volunteer have strived to make the return of CAMEO activities possible. A bold decision was made to look for an alternative premise (previously the GREENO - Shepperton, that has been closed for a substantial longer period)
The new premise for the centre then become St. Mary Parish Hall in Lower Sunbury, this has been assessed and further investments made to re-purpose the building to the new use, particularly to allow the daily delivery of fresh and warm lunches for the residents. Further premises work to be planned and design in the near future, depending upon external funding being available.
Page 2
CAMEO
Report of the Trustees for the Year Ended 31 March 2022
## **FINANCIAL REVIEW**
## **Financial position**
In the previous year the global pandemic substantially reduced the charities activities but this year they have been restored and the direct income increased by 729% from £19,274 to £140,422. However government grants reduced by 564 % from £80,241 to £14,219. Expenditure increased by 11% from £132,974 to £151,490, most of this increase being attributable to increased room hire costs. Overall the charity achieved a surplus of £7,361 (2021 deficit of £28,122).
## **Reserves policy**
The reserves policy is considered annually as the trustees review the work of the charity and its forward plans. The consensus of the trustees is for CAMEO to maintain sufficient financial reserves to protect the existing level of services and remain solvent is for a period of 12 months.
This to ensure sufficient funds are available in case of a prolonged period of the charity running with low capacity
## **Going concern**
The financial statements of the charitable company have been prepared on an ongoing basis as the trustees have assessed the going concern position and have no reason to believe that there are any material uncertainties that would affect the ability of the charitable company to continue as a going concern for the foreseeable future.
Clearly increase in costs of livings and inflation is a material uncertainty, resulting an increase in rent, salary and food preparation costs. However, the trustees do not find sufficient evidence to believe this will cause insolvency, also given the current level of CAMEO's reserve.
The trustees have carefully considered this, both in short and longer term, by running and review cashflow forecasts and putting in place a solid governance framework to approve any further investments or changes in the operational costs.
## **FUTURE PLANS**
CAMEO's future plans will focus in three areas:
1. Increasing the charity accessibility with greater diversity and inclusion, improved services and enhanced digital communication.
2. Strengthening the governance framework using independent advisors and a wide range of expertise from new trustees and volunteers.
3. Sustaining operational excellence through staff training and smarter way of working.
4. Improving facilities that the centre is operating with.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. CAMEO policy and procedures are assessed and reviewed on an annual basis to ensure alignment with emerging law and regulation framework.
Page 3
CAMEO
Report of the Trustees for the Year Ended 31 March 2022
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Policy for Trustee recruitment**
Cameo follows a formal recruitment process:
- Cameo always advertises Trustee vacancies on multiple external job boards
- Candidates are shortlisted based on relevant skills and experience
- In the interest of Diversity and Inclusion we promote this vacancy and encourage the application from
- underrepresented groups and advertise via the Young Trustee Movement.
- Short listed candidates will have a short screening call -" Any candidates that reach the final stage interview will be
- interviewed by 2 trustees and the Charity Manager.
- Any trustee appointment must be agreed by the board of Trustees.
- All trustees must attend Trustee training via a recognised and certified Trustee training provider
## **Trustees**
Barry Dow, Simon Hannan, Adriana Ceruso and Lauren Di Pietro.
## **Staff**
Annette Pointon (Manager), Julia (Fitzpatrick) Hayes (Deputy Manager), Cheryl Bruce (Deputy Manager), Julia Ash, Maria Santos Dieguez, Karen Cole, Natalie Wiltshire, Yolande Gauthier-Thornton, Janice Thornton, Sue Hewson, Diane Odysseos, Pat White
## **Volunteers**
Sylvia Pilgrim, David Richens, Shirley Constable, Diane MCNeil, Graham Bruce, Debbie Giles, Mark Hewson, Barbara Nunn
## **Risk management**
The trustees have examined the operational and business risks which the charity faces and confirm that they are satisfied that systems and controls are established to mitigate any significant risks.
However, CAMEO is planning to undergo a full review of the government framework in the following year to provide transparency to the new board of trustees and a baseline to reassess the charity risks.
Approved by order of the board of trustees on 15 December 2022 and signed on its behalf by:
B Dow - Trustee
Page 4
Independent Examiner's Report to the Trustees of CAMEO
## **Independent examiner's report to the trustees of CAMEO**
I report to the charity trustees on my examination of the accounts of CAMEO (the Trust) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form 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 matter considered as part of an independent examination.
I 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 understanding of the accounts to be reached.
Mary E Ryan FCCA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
15 December 2022
Page 5
CAMEO
## Statement of Financial Activities for the Year Ended 31 March 2022
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
10,399
**Charitable activities**
Care of people with dementia
140,422
Investment income
2
2
**Total**
150,823
**EXPENDITURE ON**
**Charitable activities**
Care of people with dementia
143,462
**NET INCOME/(EXPENDITURE)**
7,361
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
210,786
**TOTAL FUNDS CARRIED FORWARD**
218,147|Restricted
funds
£
8,028
-
-
8,028
8,028
-
-
-|31.3.22
Total
funds
£
18,427
140,422
2
158,851
151,490
7,361
210,786
218,147|31.3.21
Total
funds
£
85,361
19,274
117
104,752
132,874
(28,122)
238,908
210,786|
|---|---|---|---|
The notes form part of these financial statements
Page 6
CAMEO
## Balance Sheet 31 March 2022
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
6
5,957
**CURRENT ASSETS**
Debtors
7
17,185
Cash at bank and in hand
200,160
217,345
**CREDITORS**
Amounts falling due within one year
8
(5,155)
**NET CURRENT ASSETS**
212,190
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
218,147
**NET ASSETS**
218,147
**FUNDS**
9
Unrestricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
-
-
-
-
-
-|31.3.22
Total
funds
£
5,957
17,185
200,160
217,345
(5,155)
212,190
218,147
218,147
218,147
218,147|31.3.21
Total
funds
£
1,029
10,632
204,761
215,393
(5,636)
209,757
210,786
210,786
210,786
210,786|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 15 December 2022 and were signed on its behalf by:
B Dow - Trustee
The notes form part of these financial statements
Page 7
CAMEO
Notes to the Financial Statements for the Year Ended 31 March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant equipment - over 6 years straight line Computer equipment - over 4 years straight line
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
CAMEO
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|Deposit account interest|2|117|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
Expenses of £716 (2021 nil) were reimbursed to 3 trustees and trustee training of £437 (2021 nil) was paid on their behalf
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||31.3.22|31.3.21|
|---|---|---|
|Direct staff|4|6|
No employees received emoluments in excess of £60,000.
The charity has a defined contribution pension scheme, which all employees are entitled to join. In accordance with UK Government regulations, the company contributes 3% of salary and employees 5% of their salary. During the year ended 31 March 2022 the charity's total contributions amounted to £1,965 (2021 £1,458)
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
78,249
**Charitable activities**
Care of people with dementia
19,274
Investment income
117
**Total**
97,640
**EXPENDITURE ON**
**Charitable activities**
Care of people with dementia
125,762
**NET INCOME/(EXPENDITURE)**
(28,122)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
238,908
**TOTAL FUNDS CARRIED FORWARD**
210,786|Restricted
fund
£
7,112
-
-
7,112
7,112
-
-
-|Total
funds
£
85,361
19,274
117
104,752
132,874
(28,122)
238,908
210,786|
|---|---|---|
continued...
Page 9
CAMEO
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **6. TANGIBLE FIXED ASSETS**
|Plant and
machinery
£
**COST**
At 1 April 2021
4,191
Additions
1,198
Disposals
(3,567)
At 31 March 2022
1,822
**DEPRECIATION**
At 1 April 2021
4,141
Charge for year
353
Eliminated on disposal
(3,567)
At 31 March 2022
927
**NET BOOK VALUE**
At 31 March 2022
895
At 31 March 2021
50
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors
**9.**
**MOVEMENT IN FUNDS**
At 1.4.21
£
**Unrestricted funds**
General fund
210,786
**TOTAL FUNDS**
210,786|Computer
equipment
£
3,911
5,920
(2,740)
7,091
2,932
1,718
(2,621)
2,029
5,062
979
31.3.22
£
17,185
-
-
17,185
31.3.22
£
-
4,225
930
5,155
Net
movement
in funds
£
7,361
7,361|Totals
£
8,102
7,118
(6,307)
8,913
7,073
2,071
(6,188)
2,956
5,957
1,029
31.3.21
£
7,274
2,920
438
10,632
31.3.21
£
5,136
-
500
5,636
At
31.3.22
£
218,147
218,147|
|---|---|---|
continued...
Page 10
CAMEO
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **9. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
150,823
**Restricted funds**
CFS grant
6,000
Surrey County Council
1,564
ICF5 covid
303
RTF4 covid
161
8,028
**TOTAL FUNDS**
158,851
**Comparatives for movement in funds**
At 1.4.20
£
**Unrestricted funds**
General fund
238,908
**TOTAL FUNDS**
238,908
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
97,640
**Restricted funds**
CFS grant
7,112
**TOTAL FUNDS**
104,752|Resources
Movement
expended
in funds
£
£
(143,462)
7,361
(6,000)
-
(1,564)
-
(303)
-
(161)
-
(8,028)
-
(151,490)
7,361
Net
movement
At
in funds
31.3.21
£
£
(28,122)
210,786
(28,122)
210,786
Resources
Movement
expended
in funds
£
£
(125,762)
(28,122)
(7,112)
-
(132,874)
(28,122)|
|---|---|
continued...
Page 11
CAMEO
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **9. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.20
£
238,908
238,908|Net
movement
in funds
£
(20,761)
(20,761)|At
31.3.22
£
218,147|
|---|---|---|---|
||||218,147|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
CFS grant
Surrey County Council
ICF5 covid
RTF4 covid
**TOTAL FUNDS**|Incoming
resources
£
248,463
13,112
1,564
303
161
15,140
263,603|Resources
Movemen
expended
in funds
£
£
(269,224)
(20,761
(13,112)
-
(1,564)
-
(303)
-
(161)
-
(15,140)
-
(284,364)
(20,761|Resources
Movemen
expended
in funds
£
£
(269,224)
(20,761
(13,112)
-
(1,564)
-
(303)
-
(161)
-
(15,140)
-
(284,364)
(20,761|
|---|---|---|---|
||||-|
||||(20,761|
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 12
CAMEO
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|4,208|5,121|
|Grants|14,219|80,240|
||18,427|85,361|
|**Investment income**|||
|Deposit account interest|2|117|
|**Charitable activities**|||
|Direct income|125,527|16,850|
|Lunches/transport|14,895|2,424|
||140,422|19,274|
|**Total incoming resources**|158,851|104,752|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|104,777|116,071|
|Social security|2,033|751|
|Pensions|1,965|1,458|
|Sundries|272|-|
|Room hire|21,854|5,300|
|Activities|2,600|-|
|Craft materials|35|109|
|Refreshments|181|196|
|Lunches|5,090|1,396|
|Equipment|454|246|
||139,261|125,527|
|**Support costs**|||
|**Management**|||
|Insurance|300|382|
|Telephone|367|665|
|Postage and stationery|726|745|
|Advertising|56|-|
|Sundries|1,786|1,147|
|Training|108|36|
|Plant & machinery depreciation|392|364|
||3,735|3,339|
|**Information technology**|||
|Website & software|612|412|
|Carried forward|612|412|
This page does not form part of the statutory financial statements
Page 13
CAMEO
## Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**Information technology**|||
|Brought forward|612|412|
|Computer equipment|1,718|486|
||2,330|898|
|**Human resources**|||
|Health & safety|740|-|
|**Governance costs**|||
|Accountancy and legal fees|3,671|2,610|
|Independent examiner fee|600|500|
|Trustee training|437|-|
|Trustee travel|585|-|
|Trustee miscellaneous|131|-|
||5,424|3,110|
|Total resources expended|151,490|132,874|
|**Net income/(expenditure)**|7,361|(28,122)|
This page does not form part of the statutory financial statements
Page 14