REGISTERED COPIPANY NUMBER: 03660759 (England and Wales) REGISTERED CHARifY NUMBER: 1075826 REPORT QF THE TRUSTEES AND FINANGiAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR DENTAID LIMftED
DEKfAID UMifED coKrEl+rrs OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Pag Report of the Trustees 1 to S Report of the Indepondent Audltors 6 to 9 ststement of Financlal Actlvltlas 10 Balance Sheet 11 Cash Flow Statem8nt 12 Notes to the Cash Flow Statement 13 Notes to the Flnanclal Statements 14 to 26
DENTAID UMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also dlrectors of the charity for lh8 pUOSe8 of Ihe Companies Act 2006, present Ihèlr report wilh Ihe financi81 stalements of th8 charty for Ihe year eThJed 31 March 2024. The twstees have adopted lh6 prov1s1o% of Acwjnllng and Reporting by Charities: Statemenl of Rsxommended Practlce appThc9le to charrties preparing their accounts in ac£ord8nce wlth the Financlal Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102) (effecth 1 January 2019). OBJECTIVES AND ACTMTIES As Chairman of Dentald the Dental Charfty, l am dellghEed to presant another strong set of accounts and our annu81 revlÈw. In il we se8 Dentald posung anolher year of gr and developmenL ¢onlinulng on its trend of the past few years posllowd pandemlc. It Is an exctthg time for the (a)artty, whith Is enabled by Ihe hard work from our CEO and staff leam. combined with th6 tremendous support of volunteers, rPate partners, funding partn6r8 and the wlder dental Industry. Dentald's 2024 financa8ls saw slgnific8nt growth to lotal Incts)m8 of £1.653m. whlch 18 nearty a 500A increase on 2023. Wè note that very little of this is dLte lo tha new ICB (NHS Inteed re board> contraci vthlch will have ah increased ¢ontrSbullon in Ihe forthcomlng year. A surplus of £97k has been generated, thlch represents a posillve boost to our reserves. We are growing the team In support of our increase n actThiitles and are proud of how the team remalns commlited to the Importanl work we deliver In the UK and around the world. With our UK work. we have expand8d delEvery capadty to 11 moblle dental units and are able to now see th8 numb8r of clinlcs growing lo over 500 Gharity clinlcs a year and even greater numbers delwered Ihrcmjgh the Hampshlre ICB conlr8cI, W6 are equalty excited lo contlnue our roll out of BrightBites with thousands of chlldren wAfving oral h8alth educallon in 2024. Wilhin the UK, we bell6ve that success will com8 through developing local deltvery hubs. The first of these has been 8nabled vt8 P3rtnershlp with Septodont to eslabjlsh a Kent hub where w8 mainlain member8 of staff and a dedicaled moblle dentat unlt. This saw us nominated as finallsts in the Thlrd Sector Awards for medium slzed chaHty corporate partnership. Wa WIN explore slmilar a1 other modals for crealing local delfvery opportun18$. We 11 wntinue to evolve and 8valuate funding streams. Worklng in parlnership with NHS Hampshlre and 18le of Wight integrated care board trust IS 5ignificanl In its scale of funding for the charity 8nd its ambltion to reaGh the dlsadvantsged within soclety. We conlinu8 to see and evaknat8 Interest from other slatutory fundlng sources. Alongside the growth in our UK work, whith is now the [n,8 share of the charilaa actlvltl&s, Denlaid romains committed to our eslabllshed oversea8 partners through volunteering and equipm8nl provlslon. The Impact of our long-term partner model Is Illustreled through the first students from the Maldenl project having graduated afler using tho equlpment we sent out in 2019 wllh the Ihkd tranche ofeqillpment rthv on Its way. The grovth belng experienced by the charity necessitates devdopment of our corpordt8 pvernanc8. A8 2 b)ard of Iruslees ar senior management team. w8 are upltiting our approach lo: risk rnanagemenl, financlal m8nag8menl. governance and slralegy & planning. Thls will sea a grovrth in Ihe board in Iha forthcomlng year, wilh my Ihanks both to dapartlng trustees and to the next incoming cadr8. As a tK)ard and nIOr management team. w6 eonthiu6 to èvahjate our slrat8glc an8, remalnSng committed lo our oL4eGIIve of reaching Iha most vulnerablo and disadvantaged communifles In the UK and overseas. We ojnllnue to se8 a clear need arvj wa now have in pkce a sustainable deltvery model: Remalnlng focused on the peopl8 W8 serve and seok lo reach, we $88 jots more opportunltles fcr the continued growth and development of the Gharity. Page 1
DENTAID LIMITED REOORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRATEGIC REPORT Flnancial position and key Items from year A surplus of £97,507 has been reported and total r6sery8s are £872,159. Cash fky¥V has been LnsLstent durlng the year wlth a Ggsh balance of£402,419 reported at the year ènd. The charity has seen IncJ)me grth¥ to £1,653.251 from £1.131.254, driven by the Inttease In UK aciivlty. In supwjrt of this growlh In charitable adivittes. the dwrity expanded Its team in th nnbel¥ and capabiliti88, tt also had to cope wlth wage infftation to ensure It kept its key [sonnel In line with the wld8r kjcal employment m8rk8t. Thls resLrfled In a 25% increase In staff wage costs, proportronat8 io the 5ncrease In income. Wilh Increased aclSvltles, th8 charity also saw s(ktional (Kjsls assodat6d with Iravel wlthh Ihe UK and rent assoclated with Ihe storag8 of our mobile derital unlts. Management contlnue to pay close atlenlion to costs and manage Ihese senslbty and prudentty. As a rèsult, the charity has debvered another surplus and moves the charity onio firmer fNancial footing. Prlnclpal fundln9 sources The prinGipal funcling Sour are from statutory fuThJing arKf donations. The charity also recelves signiftcant grant income. The varlèly of funding sources Is Impor&t as (xn be seen in 2024 where Dentalds Project Income incre8S6 b £653,113 from £194,054 In 2023 and grant funding redu(xd to £299.926 from £419.566 In 2023. This shift w88 drlven by on84)ff fundlng requests assodated th new moblb d urdts In 21Y23 whth enabled proje income lo increas8 in 2024. As Dentaid requlres funding Ihat TS approprFate to grant sources. wè conshger that we are well placed wllh a good repu181ion lo further tncreese grant funding in luture years. We afso exped to be able to Inease projèct income in fulure years as our r8PUtation continues to grow. Dentald's fundraLsirvJ & events Income is f(xuse(i around our industy & suppJrt8r Connections which Is ttruclal to develop and maintain and are considered a8 imFMYtant as the funding stream itself. Dentsld maintains a dedicated grants and fun(traiswvJ team withln lis OpJanIsatKal slructure. In February 2024. Denlaid 8ignad a b)n*term o)nlract wilh HarryJshTo ICB. Whilst thFs ha$ mlrmmal impact on the 2024 Itnancial posftlon, itwll drlv8 8n Increase In the 2025 accounts. Reserves policy At the 31 March 2024 the organisation has selVeS of £872.159 of iCkn £710.835 Vre unrestricted reseNes. The reseNes Include donated g(x)ds stock of £189,780 whFch ts dlsblbuled to benefidartes and fixed assets of £379.730. Cash al bank and in hand grew from £239,082 in 2023 to £402.419 In 2024. The Trustees consid8r malnlainlng frea reseNes equal to three monlhs payroll and support o)sts £300,000 to be a sensFble pollcy. Thls pollcy will oJnlinu8 to ba revlewgd as the thartiy grows. This albws the Chan'ty the ftnancaal headroom to seek n8w fundlng opwrtunlties and make ()st sangS In Ihe event of the loss of current Income stream. Golng Goncern Dentald Is now In the pos61ion to hav8 kng term c¥ntracts fcr Ihe pr<Nlsion of dentlsty to a number of bls. Tho Board and manag8menl tsam confim) Ihal these are 1K0dIng tha chTty vAth a stabte platfomi fn from 1¢h to operate and ojntinue Its provtsbn over going forward. Page 2
DENTAID LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRATEGIC REPOltr Prlnclpal rlsks and unc8rtalnties Dentaid is now in Ihe posilion to have long term contracls for Ihe provlslon of dentisty lo a number of bod. The Board and managem8nt team rx)nfiTm that Ih&8e are providing the tharfty wlth a stsble pLaffonn from whFth io op6tate and continue ils provision going forward. Denlaid regulaAy reviews its risks and prbrtty areas as a sentor maDagemenl team and as a board of tnjstees. The following areas are considered by Ihe managem8nt and Iwstees to be the key areas of for whlth a number of mitigations 8Te noted: - Development and mairtenance of a sustalnable growth model. We do not assurne that the ICB contract wlll be maintained. although15 expected to renew. We are also aware of Ihe thange as wo move to a medlum sized charfty wl mean that some tW815 and grants are now avaflable for c£fjnsid8ration and others Bre dosed. This requires tha s8nior management team to £onskJer the rnitigatnS requlred from dl fferent s¢%narios. Pwdent flnancial management. We h8vB Strengthened our financo functlon th a part-time FD and bookk8ep8r. whbth kg 8eelng an improvement in fin8ncSal management and reporting. We are seelng an increase in reseNes and further to this, we are working to strenglhen th8 balance sheel and contlnue to bk1 reseNes in 8 suslain2bl8 way, wllhln these accounts we have r eviewed fed assel values. particularfy the MDU fleel. - Fleet maintenanca and rgplanlshment programme for MDUS. Maintaining and replacing our vehides ov8r flme 55 a necessity, wlth corresponding malntanance and servlclng programmes for the axisling 1188t. We wlll look for older vehlcl88 lo b8 locally based to reducè wear and tear. . Rlsk r8vl@w and management. We are Increasingly nScIOUS of the impact that operallona and reputalonal rfsk has on our growing organisation. We have undertaken a thorough risk review and mitigations proposed by senior management. Al this time Ét has not stopped any actNitie5. we have pul new controls wi place for ¢ertaln hlgh8r risk aCtivitS. - Charlty Governance. Review of policies and procedures is undertaken on a perfodlc basts in order to keep pace wlh changiNJ regulations, but also the changing requlremenls of the growing charity. We have engaged a 3rd paty consultant lo provide independent as$e$8ment and suptKJrt to the board & CEO In the d)artys devel¢)pmenl of gov8rnance. - Successlon plannlng for key personnel. Denlaid's gr(AVth has been buHt upon a L¥Jre leam thal has expanded wtsely vmh the addillon of necessary sknlb arvj experti88 to lake the Gharity foward to the next ve1. We have been worklng thls year to develop a Yer of management arKI throuth thls have o)ped wlth the departure of one long-stsnding member of the senior mana gemenl team. Sustsinablllty, We understand th81 sustainabla d81tvery Is an tmportant crfletfa for fijnders and supporters. To thls end. we have worked on solutions for our moblle dtal unlts and we have our fitst sobr powered unil - moviro towards lowering our ¢arbon emls8ions. We also eXPt local d81wery hubs to reduc the number ol miles our MDUS trav81 per dini¢. This has to feed into our Strategrc pfanniruJ for the futuré of the charity. Fundra181ng and corporate partnershlps. The lifeblood of any chaiity is Its 8blUty lo fundraise effect1ve frorn a vaiiety of sources, In addillon to fees-for-servlts. In rec8nt years Dentold has been fortunate lo have a number of slrong corporale partners, alongskle ITUSts & grants. plus WKler Industryllndmdual furndralsing. Denlaid wlll continue to develop Ks16am lo access thls range of fundirrtJ. - Board development. As the charity develops its govemance we will axpand the nUMS of trust8ey. In (he coming year wo anlictpale Ihat 8ub<ommittees of tha board wlll be estsbIhed lo report lo the board on flnancè, rfsk and cllnical govemance. STRUCTURE, GOVERNANCE AND MANAGEMETrrr Governlng document The charity controlted by Its govwnlw document. a deed of tnjst. and constilutes a limiied comp8ny, limited by guaranle8. as defined by the Companles Act 2006. Page 3
DENTAID UMrrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Board dévelopment and governanco No new trustee6 have been ap]Inted In 2024. Recognislng the need fDr more, new trustees will be r8(Wtted arKI onboard6d in 2025. A full revr8w of pollcles and procedures is vlertak by managem8nt on an annual bas. Thks k% re&Wed and ad¢tyt8d by fhé board. The board undertakes annual performancA revkn vAth the CEO and agree targets In linè wllh 2025 budget. Key m8nag8ment remuneration Key management are remunerated in Ilne wmi aJTrent market rate remunerauon p8¢kages to ensure a good staff retentR)n rate and mlnlmL£e dSsrupllon caused by the ioss of key Indivlduals. Key Management PeOnnel The key management personnel of the tharltable company rmpseS of the Chief Executlve offr. Tha lotal consideration pald and employee remunerallon. Lwt6ffts and tax of the key management personnel of Ihe chÉrfty was £55A57 (2023: £55.740). Risk managoment The ITUSt8es have a duty to hjentify and r8vlew the rFsks to Mthich c*arity is 8XPOS8d and to ensure approprfate conlrols 8r8 In pla¢8 to provide re280nable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Reglster¢d Company numb6r 03660759 (Engnd and Wales) Reglstered Charlty number 1075826 Registered office 116 Commerclal Road Totton Soulhamplon Hanls S040 3AD Trustee# Mrs F Euwoi R P Guyver M Inman C Keanlo M188 J L Lglean (reSned 22.10.2024> Miss S K Readlng AJ REvans Chlof Executlve AJREvans Company secretary J Elklns Pag8 4
DENTAID UMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Audltors Morris Crocker Umlted Chartered Accountants statutory Audilors stalion House North Street Havanl Hampshlre P09 1QU STATEMENT OF TRUSTEES, RESPONSIBILITIES The tNsleos (wl)o ar8 also the directors Of Dontaid Umited for the purwses of c¥Trmpany law) are ponsIble for prep8rlng th8 Report of Ihe Trustees and the financial statements In accordance wrth appllGgble law and Unlfed Ingdom Accounllng Standards (Untted KIn10M GeneraltyAGcepted ArLnng Practice). Company law requlres the tnjstees lo prepare financial statemenls for each financL31 year which gw8 a Inje and fair vlew of the state of affa1 of the ch8riiable company and of Iho In¢(Knlng resources and appli¢alion of resourc98. Indudir the Incom8 and expandllure, of Ihe chadfable wmpany for Ihal perlod. In preparfng those financial statements, the Iruslees are requlred to select suitable aceounllng polldes and then apply th8m conslstenlly. obseNe Ihe methods and prindples in the Charity SORP. make judgemenls and estimates Ihal are reasonable and prudenl," stste whether appli(zble ac£ounllng standards have been folkjwed. subject to any m8terlal departure8 dlsclosed and expL8lned in the fin8nclal statements", prepare the fina181 statements on the golng ncern basls unless it Is inappYoprFate to wesume that th8 eharltable )mpany Mrtll conlinue in businass. The Iruslees are responsible for keeplng proper ac¢ounling reo)rds whlch diSe with reasonable accuracy at any lime the financaal posllion of the ch8rltable company and to enabkn them lo ensure that the financlal statements comply wilh th8 Companles Act 2006. They are also responsible for safe9uarding the assels of the charitsble company and h8nce for taklrtrJ reasonable 81eps for the prevention and detecti(m of fraud and other Itregularlttes. In 80 faras tha Irustees are aware: there Is no ralevanl audit infomalk)n ofwhlch Ihe ch8riiable ccThpanls audltors are unaware,. Bnd the Irust6es have taken all slep8 that they ought lo have thn to make themskn awara of any relevant audit Informalk)n and to establish that the audltors are aware of that Infomialion. AUDITORS The audllors. MoTrts Crocker Llrrited, wll b8 woposed for re-appointment at the forthcoming Annual G6n8ral Meeting. Report of the I t dIreor9, on ..... Ilng a tstrataglc report. approved by order of lh8 board of trustees. as tha company . and signed on Ihe boar(fs behalfby.. C Keanie Trustee Paga 5
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF DENTAID LIMtrED Oplnlon W8 have audited the financial stalements of Dentaid LThntted (the 'charitable company) for the year erKled 31 March 2024 which compTi58 the Ststem8nl of Flnanc4al Acfivlles, the Balance SheeL the Cash Flow Statement and nol8S to the flnarKial statements, including a summary of slgnlffcant attounting poikle¥. The financi81 reporting framèwork that has been applred in thelr preparatkjn Is appllcable law and United Ktngdom Accountlng Standards (Unltéd Kingdom General Accepted AccL)untlng Pradice). In Dur oplnlon the financial stalem8nts'. giv8 a true and falr vlew of the slate of the charitsb16 comp8nYs affair8 as at 31 March 2024 and of Its Incomlhg resources and applkabon of resourc8s, UdIng ts Income and expendlbjre, for thé year Ihen ended; have been property prepared in accordance with Untted Kingdom Generally Accepted AcLountlng Practlce; and have bean prepared Sn accordance lIh the requirements of tha Companies Ad 2006. Basls for oplnlon We Gonducted ow audit In accordarKe wllh InternaOnal Stsndards on Audlllng (UK) OSAS (UK)) and applicable law. Our resFrfJnsibl1eS under those standards are further des¢Iled In Ihe Audilors. resp()nslbllM6s for the audit of tha financlal $18lements secllon of our rert. We are Independent of Ihe charFtatAe company In accnrdance vllh the ethlcal requirements that 8re relavanl to our audit of the financlal slatements In the UK, including th8 FRC'S Elhlcal Standard and we have fulfilled ouy 0th8r ethical responsibifiiies in ac(xJrdance wlth these requlrem6nt8. W& believe that the audti evklence we have obtalned Es suffK4ent and approprfate lo provide a basls lor our q)inhJn. Conclusions relatlng to golng concern In auditing the finandal stalements, we have nClUded that Ihe trustees, US8 of th8 golng concem basls of acojunting in Ihe prepamllon of the financial statements is appropriate. Based on the work we have perforned. we have not idenlined any material uncertalnti8s relatlng to events or conditlons that, indmdually or collectwely, may cast signmnt doubi on the charflable companvs ablllty to continue as a golr concem for a p6rfod of at least twefve months fmm when the financial stalemenls are authorised for Lssue. Our responslbillllas and the respcKJsibllltres of the Iruslees wth respect to going consxm ar6 descrlbed In the relevant sections of this report. Other Informadon The Iwstees are responsible for the olher Informaln. The other knfoFrnalton (L)mprises the Infoimation Induded In the Annual Report, other than th8 finandal ststements and our Rewt of the Independent Auditors thereon. Our opinion on the financlal slatements does Th)I cover the olher Infomwtton arml, exL¥Pt to the extenl otheThse eX1cl11Y stated In our report we do not express any fotm of assuran conduslon thereon. In conne¢tlon wth our audit of th8 financial statemenls, our responslblbty Is to read Ihe othar infomialron and. In dolng so, consider whether the olh8r Inlom)at&)n is malerially inwnsislenl th the financial statements or our knowtedge oblain8d In the audit or otheis6 appears lo be malerfaNy misslaled. If we Idantlfy suth materrdl Inconsislenci6s or apparent material misstatements, we a requlred to detemine thether this rlse to a material misstatement In Ihe financlal statemgnls Ihemselves. If. based on Ihe work We have perfomed. we eAJnclude Ihat there is a malerfal mlsstatement of thi8 olher infoTmallon. we are rewlr8d to repjrt that l¥1. We have nolhlng to report in thK8 regard. othermatter We have audited the financial 8tat&ments of Dentald Lrted for the year ended 31 l+A8rch 2024. The finala1 stalemen15 Indude wmparatlve infom7ation lor the year ended 31 Marth 2023 that was not athIed by us. kcordlwty, we do not express an opihion on those comparative figures. Pag8 6
REPORT OF THE INDEPENDEKf AUDITORS TO THE MEMBERS OF DEMfAID UMifED Aqatters on whlch we are requlred to report by exceptlon In the Ighl of Ihé knowbdge understandlng of the charllable company and Its environment oblalhed In th8 co(Jr8e of the audi{ wo have not Idenllfied matérial misstatements in the {strategtcReport} and the Report of the Trustees. We have nolhlng to report kn respe of th8 folhJthrfrvJ matters where lh6 Companles Act 26 requires us to report to you If, in our optn40n: adequate accounting records hav6 not béèn képt or returns adeqle for our audlt have not been receiv8d from branthes not visited by us., or the financi81 sl8téments 8re not In agreement wRh th8 8cc<Junting records and retum5; or certaln disdosures of trus18e8' remuneralion spedfied by18w are not made: or we have not [eGe1v 811 Ihe information and explanatton& we raquire fj)r our aLMIIt. Responslbllltles of trusts8s As explained more fully in Ihe Statement of Tru8lee8' ResF#)nslbllttle8, the Iwslees (0 are also the directors of the charilable company for the purposes of company law) are r6sponslblB for the preparallon of Ihe finandal 3talernents and for being sallsfied thal they giv8 a Itue and falr ew. and for such intem81 CDntrol as the Injstees detemiine 15 necessary to enable the prepardti)n of financial statements that ar6 frea from matari81 misstalement. whekhor due to fraud or error. In preparlng the fina181 8tatemenls. the trustees ere responsible for ass85sirvJ ihe tharftable companys ablThly to o)nttnue as a gjiw cOnM, disdoslng, as applicable, matters related to golng ¢onc8m and uslng the golng conttem basls of acwunling unless the trustees either intend to Iquidate the tharltaN6 company or lo cease operatlon5, or have no reaustio altemalive but to do 80, Page 7
REPORT OF THE INDEPENDEKf AUDrroRS TO THE MEMBERS OF DENTAID LIMrrED Our responsibilltles forthe audlt of the financlal stst2ments Our obleckns are to obtaln reasonable assurance atx)ut whether the ffnand81 statements as a whole are free fmm malerlal misstatement. wh81h8r due to fraud or error. and to Issue a Report of the Independent Audllors that Induda8 our opinlon. Reasonab18 assurance Is a hlgh level of BssuranrA. but ts nol 8 guarantee Ihat an audit Conducted in accordance with ISAS (UK) wll atways detect a m8terfal ml8Statement exlsts. Mlsstatem8nts can arlse from fraud or error and are considered malerial tf, individually or In the aggregate, Ihey could reasonably be 6xpected to influekTr the ec0nom1cdSlons of erS taken on the b8sls of thes6 fknancAal slatements. The extént to whkh our proce(hJres are capae of detecting irregularili89. Induding fraud is detsiled b81ow, From discAJssion wlth management and those charged with govemance Infom*tion aboth the enty is documanted to assegs lh8 aclwity wllhin the organlsation. We dlsajss m8nagemenVs assessment of rfsk In respecl of irregularllles, fraud and golrvJ rKOm. Based on thes8 discusslons and our own assessments we detennlned th81 the kay rfsk arèas vRre Income recognlllon in respect of cut off issues and management override eX)nmIJ the slzo of Ihe org8nisatlon. We set fin8FlCI@18talement materiallty level based on Ih&18vel of In¢ome. As a not for profil organtsatlon raislng incom8 Is Its primary focus whlch Ls why Income was used to dètemiine Ihe level of materialtty. Our overall assessment of rlsk was used lo detem)in8 perfomance materfality at an 8PPfOPt7ate level. Subst8nlwe audit tssts We desIgrd after Bssesslng and perfofft)ing walkthrough lesls. The w8lkthrough testlng conllrmod docum8nted systems whfch have teen deslgnad lo act as a preventalive m8asure agalnst fraud and 8rror whlch appear lo be operatlng as documented. Substan6 testing tested a Samp of lh6 popuLalh)n. rapresentative of Ihe population, lo idenlify errors. The testlF¥J dKI not identify any materfal mlsst8tements In veas t8Sted. Audit substantive tssts conthded no material errors over Ihe key rlsk areas of Inme reLX)gnition and management ovenld The audlt ¢onsider5 the ory8nisallon is nol exposed to materfal IK8k of error as a resjlt of assesslng kw8 and regulallons Ihat are 8pproprlate lo the organbsalion. Management assessed there is no going c£)nc6m risk. A furiher descrlption of our responsibilllies for audit of the finandal statemènts is located on the Financlal Reporilng Council's webslte at Mmhv.frc.org.uklaudJtorsresponslbllMes. ThF5 d8scrty)tion for parl of our Report of the Independent Audltors. Page 8
REPORT OF THE INDEpENDEr AUDITORS TO THE MEMBERS OF DENTAID LIMtrED Usfj of our rnport Thls r8POrt Is made 80lety to Ihe charitable wmpanys members. as a body, ih accordance with Chapler 3 of Part 16 of Ihe Companl8s Act 2006. Our audlt work has been urxlertak8n so Ihat we mighl stale to the charitable companvs mgmbers those matters we are requlred to state to them in an auditors, report and for no other purFK)$8. To the fullest exlenl pemillted by law. we do not accept or assume responsibllity to anyone other than Ihe charitable company and the chari18b18 companVs member5 as a body* for our audll work. for thls report, or forthe opinlons we have formed. P Undejwood (Senior Stafutory Audltor) for and on behalf of Morris Crocker MIted Chartered Accountants Staluiory Audllots Stalon House North Slreet Havant Hampshlré P09 1QU Date: ..l.I Pago 9
DENTAID LIMITED STATEMENT OF FINANCIAL ACTJVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Total fvnds Unrestrtcted fijnds 2023 Total funds Re$lrfcted Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 383.430 220.571 604,001 356,954 Charitable activities Charitable acuvities 426,890 52Q149 953,039 639296 Other Iradlng activitie8 Investment income 29.384 1.715 65,112 94,496 1,715 134,273 731 Total 841,419 811.&32 1,653.251 1.131.254 EXPENDITURE ON Charltable activitles Chatttable activilles 753,762 762,927 1,516,689 1,067.459 other 39,055 39,055 Total 792,817 762,927 1,555,744 1,067.459 NEf INCOME 48,602 48.905 97,507 63.795 RECONCILIATION OF FUND8 Totsl funth brought foFward 662233 112,419 774,652 710.857 TOTAL FUNDS CARRIED FORWARD 710,835 161.324 872.159 774,652 The notes k>rm part of these finarthl statements Page 10
DENTAID LNITED BALANCE SHEEr 31 MARCH 2024 2024 2023 Notes FIXED ASSET8 Intanglble ass6ts Tanglble 8sse15 13 14 4,509 375,221 6,012 384,857 379,730 390,869 CURRENT ASSErs Stocks D8btor5 Cash at b2nk and In hand 15 16 189,780 387,115 402,419 265,047 68,246 239,082 979,314 572.375 CREDITORS Amounls fallng due within one year 17 (460.751) (188,592) NEf CURREKf ASSErs 518,563 383,783 TOTAL AssEfs LESS CURRENT LIABIUTIES 898.293 774,652 PROVISIONS FOR LIABILITIES 19 (26,134) NET ASSEf3 872,159 774.652 FUNDS Unreslrl¢t8d funds Reslrlcted ftjnds 21 710,835 161,324 662,233 112.419 TOTAL FUNDS 872,159 774.652 Th8 ftnan ial statements were approved by the Bowd of TnJst88s and aulhorised for issue a1 were 8bJned on Its behalf by. on CK8a - Trustea The noles f) part of these financial ststernents Page 11
DENTAID UMITED CASH FLOW STATEMEKr FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash Ilows from operating acuvllles C8sh g6nerated from csperations 29).475 241,074 Nel cash provtded by operdlhg actlvities 290,475 241,074 Cash fft)ws from Investlng actlvltles Pur&ias8 of Intanglble fixed assets Purchase ofIanglb flxed 86sets Interest recaed (128.853) 1.715 (7,515) (240,510} 731 Net (sh used In Investlng aoflvilies {127,138) <247294) Change in cash and cash equivalents lry the rèportlng perfod Cash and cash equlvalent$ 8t the beglnnlng of Ihe reportlng p•rlod 163.337 (6,220) 239,082 245.302 Cash and cash equlvalents at thg end of the reportlng perlod 402,419 239,082 Th8 notes forn part of these flnancaal statements Pag6 12
DEKfAID LIMrrED NOTES TO THE CASH FLOW STATEMEKr FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET INCOME TO NET CA8H FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Income for the raportlng perlod (as pertho Statwnont of Flnanclal Activltles) Adjustments for. Depreclallon charges Interest réceiv Amortlsatlon Prowsions - note 19 Impaimient k)ss DÈcreas61(Increas8} in slod(s (Increas6Vderxe8se In debiors Increase in creditors 97,507 63.795 78,607 (1.715> 37.533 <731) 1,503 26.134 59,918 75,267 (318,869) 272,123 (50,047) 16,124 In,897 Net ca8h provldad by operatlons 280,475 241,074 ANALYSIS OF CHANGES IN NET FUNDS At 1.423 Cash flow At 31.3.24 Net Cash Cash at bank and In hand 239.(*2 163,337 402,419 239.082 163,337 402,419 Totsl 239.082 163,337 402,419 The notes fomi part of Ihes8 financial statements Page 13
DEfrTfAID LIMrrED NOTES TO THE FINANCIAL STATEMEKrs FOR THEYEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basls of preparlng th8 Ilnanclal statèments The finandal statements ol the charftable comp8ry. thlch is a pubnG benefit enttty under FRS 102, have been prepared in aCrdance wlth Ihe Ch8ritt8s SORP (FRS 102) 'Accounling and R8porting by Charllles. Statement of Recommended Practth applicable to chaiities prapadng their accounts In eccordance wlth the Flnancial Rewtlng Standard appIable in the UK and Republlc of Ireland (FRS 102> (effecllve 1 January 20191,, Flnancial Reportlng Slandard 102 The FInaal Reporting Standard appIlble In the UK and Republrc of Ireland. 8nd the Companles Act 2006. The financial Ststennts have bean propared under the historlcal cost conventlon. Golng concem The dlrectors are of the opinion that Ihe Charitable Company can continue lo meet rts obligations for at least fvJelv8 months after the slgnlro of Ihe accounts and that Ihe Charitable Company wlll conllnu8 in operatlonal 8x[Sten forthe for8seeable future. Therefore the directors conlinu8 to adopt the golng concem basts in praparfng the Annual Report and financjal statem8nts. Chang&s In accountlng method There has been a change In the depreciation ffEthod for tanglble fixed assets. Category Mobilé Dental Units Previous Polioy A on rx)st New Policy 15% o)st ThL8 change In melhcKI has been implement1 to b6tter reflect Ihe usage and ecoTh)mic b8nefit derfved from Iheso assets. The revtsed depreclallon rate Is Intended to provlde a more accuraie allocatlon of Ihe cost of langlbl8 fixéd assets over thelr useful lives and hav6 been applled prospectivety. Income All Income is rec4Jgnlsed kn the S12tamant of Financlal Acfvlles once the charity has entitlement lo Ihe funds, it Is probable that Ihe [rOMe will LE received and th8 amount Can b6 measured rellable. Grant Income Grant Income is reccgnized in the Statement of Faal AGtMties vhwi Ihe charity has enlIament to the funds, 11 Is probable the funds will be recelved, and the amowt can be measured rellabty, Grants recelved spedfic purposes are treated as reslricled funds and are used In accordance wilh the grant terms. Expendlture Llabllllles are recogThsed as expendture as S¢Jon as there 15 a legal or constructhrn obllgalloh commlttlng Ihe tharity to that expenditure, Ts probable that a Iransfer of en0m beneflts will b8 requlred In settlement arKI Ihg amount of the obtigalion Gan be Measur rellably. Expendllure is accounted for on an accnjals basls and has been dasslfied under headings that aggregate all cost related lo the Galegory. Where cfjsts cannot be dlredy attribut8d to partlcular headli they have aUocAtad to acllvilie5 on a basis consistent vjfth the use of resources. Webslte Costs Website costs ar8 to be amortised over 5 years. In order to write off the assets over their eslim8t6d useful lifo, Tanglble flxed assets Oepredauon Is provtded at the following amual ratss kn order to wrfle off each 8ss6t ovér IL8 esllma18d useful Nf8. Improvements to property Plant and madilnery mobi Dentsl Units Computer 8qulpmenl 10% on st 20% on cDst 15% on cost 20% on cost In(fMdual fad assets £500 or more are caytalwj at ¢JJ5t. Page 14 continu...
DENTAID LIMrrED NOTES TO THE FINANCIAL STATEMEbifs - condnued FOR THE YEAR ENDED 31 AIARCH 2024 ACCOUNTING POLICIES- conlinued Stocks A slgnfficant proportloD of the stod( has been donated to Ihe charty and 18 Incuded at the value of the stock whan It was donated, Taxatlon The charity Is exempt fr(Kn corp)rallon lax on Its charltatrAe aclfvities. Fund accountlng Unrestricted funds can be used In acwrdance wth the charitable obJe¢kn at Ihe discretion of the Irustees. Reslrlrxed tunds can orrfy be US for partlcul8r restricted purposts withln th6 objects of the charity. R8strictlons arise en 5P8cified by Ihe donor or vthen fijnds are raised for particul8r reslrlcted purposes. Further explanallon of the halure and purpose of each fund is ttyed the notas to the finandal ststemehts. Penslon costs and oth8r postwretlrément beneflts The charitable company op8ratss a denned contrbult(m Pension schème. Conblbulk)ns p8yabla to the charitable companvs pension scheme ar8 thargod lo the Slat8ment of Financial Athillas In the perfod lo whlch they relale. DONATIONS AND LEGACIES 2024 2023 Donations and gift 8K 604,001 356,954 OTHER TRADING AcnvmES 2024 2023 Fundrablng events Other Income Sale of equlpment 49,011 856 44,629 125,839 2,660 5,774 94,496 134.273 INVESTMENT INCOME 2024 2023 Interest reGelvab18 1,715 731 All investment Income Is derlved from assets hekl in Ihe Unfted Klngdom. Page 15 txsnllnu8d...
DENTAID LIMITED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTMTIES 2024 Acllvlty Charkable aGlrrfitie¥ 2023 Project Income Contract Inco from l(tsl aulhoritles Grants recefvable 653,113 194,054 Charitable aclpiities Charitabl8 aclmlies 25,676 419,566 299,926 953.039 639296 Grants recetved, Included in Ihe above, ore as follovK.' 2024 2023 The Valentine Charitable Trust MJB Charitable Trust B6atrtce Loirg Famfly Trust Th8 SMB Charitable Tru8t Rotary Club of Romsey Albert Hunt Twsl Mar8h Christian Trust Slr Jules Thorn Charit8ble Trust Pat N9wman Memorlal Trust InAng Memorlal Trust Macmillan Cancer Supp¢Jrt Leéds Bulldlng Society Foundat BUPA Foundation Tha Isn Maldens Chadtable Trust Forest Hlll Charftable Trusl Simply Heatth Dental NU N8lwork Hospltal Saturday Fund Eleanor Rathboné Charitable tru8t lan Askew Charltable Trust Wesleyan Assurance SOaty Ken Nnlayson fundralsing Septodonl The Chl8r8 Foundation Locktcfi Companles LLP Royal GIOUSter Lodga of Fr88masons Sir George Martin Tnist The Homty Twst Hampshlre & low Green Hall Foundauon Ernest KleInrt Charitsble Trnst atrix Causès Fund Tha Grace Tntsl Th8 Suss8¥ Communty FouTrJ81ion T801 Villag8 TruBt Barker Miu Foundatlon Sir Ha1Y Slew3rt Trust The Roborl Gavron 15.001 5,000 5,OCYJ 3,CM)O 710 5,000 5,000 5(K) 500 2,000 12,000 1.000 6.1)JO 70,000 I,0 1,000 3,577 1,125 2,000 13.300 1,029 1,000 500 3.000 9.751 12Q,000 85,000 3,iJ)O 300 4,OOD 1,000 5,000 95,IXIO 3,IX)O 5,000 1,000 1,CiJo 5,000 5,000 6,000 4.500 1,CQO 12,225 2,500 24.450 carr forward 141.652 415,816 Page 16 contlnued...
DENTAID LIMITED NOTES TO THE FINANCIAL STATEMENTS . conunued FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTivrriES - conltnued 2024 2023 Brought forward Nomian Family Ch8ritsble Trust The Nancy Bateman Ttust Tabman Charftable Trust The Le Roux Trust WeynvJulh Town Council The &van Mountain TrLL8t Sylvta and Colln Shepherd Charltab16 Trust The Eveson Trust The Partner8hlp Foundalk)n The Rowlands Trust J & M Brltton Charttsble Trust Gallaghar Community Fund The15abel Blackman Foundatlon The Syder Foundatlon The Souter Charftable Trust The Belstead Ganzonl Charltable Trust Chariotte Bonham Cartor Charltable TrL18t The Rope Trust The Whit8head Monckton Charitabl8 FOundat1n Anne Duchess of Wesfmlnster Fokestone Municipal Charity Unum Communty and Social Juslice Fund The Brothers TnJ8t The Travers Smith FoundalK)n Van Nesle Foundatlon The Chartes & Elsie Sykes Trust Garfield Weston.Foundallon The R V Cotoman Tnjst Roger Da Haan Charitae Trust 141,652 415,816 3.750 10,000 5,000 15,000 2.500 4.000 7,500 7,500 1,500 3,000 1,000 5,000 2,000 2,000 4,000 10,096 1,622 10,OIXI 4,000 5,000 7,056 2,000 5,000 4.000 25,000 2.500 5.000 299,926 419,566 CHARITABLE ACTivrriE8 COSTS Support cx)sts (see nol8 7) Dlrect Costs Tolals Charltable aGlhilli8S 1.105,512 411.177 1,516,689 Pag8 17 ntlnued...
DENTAID UMrrED NOTES TO THE FINANCIAL STATEMETrrrs - contlnued FOR THE YEAR ENDED 31 MARCH 2024 SUPPORT COSTS Govemance costs Management TotalB Charitable actmties 395,537 15,640 411,177 Support Msts, included tn the aLwJVe. arB as follows: Managemént 2024 Charitable activitl8S 2023 Total a¢tw5Ues Wages Soci81 se(yJ Penstons Rates 8nd Wdter nsurance Llght and heat Telephone Postage and slalionery Adverttslng Sundrles Rent staff tralnlng Recrulknent Cleanlng Travel and subsisten Bank charges Compulerc(Bts Repairs and malntanance Trustee expenses Donations Vehlde slorage Amortisalion ol Intanble fixed assets Depr8ciation of langlble and herilago assets 177.043 16M) 3.802 2,154 6,608 6,659 11,941 6,229 19,644 7,545 39,000 141.645 11,550 3,606 1.804 4,633 3,678 11.887 23,315 1,571 22,000 1,682 6,424 1,548 5,405 1,680 14,546 3,432 380 6,510 2.904 44,624 2,729 13,371 12,248 40 31 12,000 1,503 30,311 1,503 14,497 395,537 311,898 Governance Go8ts 2024 Charitable activiiies 2023 Total acbvitlg¥ Accountancy fees Legal and professional fees 8ookkeepSng 13,775 13 1,852 2,872 13 1,850 15,640 4,535 Page 18 continued...
DENTAID LIMtrED NOTES TO THE FINANCIAL STATEmErs - conllnued FOR THE YEAR ENDED 31 MARCH 2024 NET INCOMEIIEXPENDrruRE) Net incomel(expenditure) is stated after charglngl(credting): 2024 2023 Oeprecration - Dwned ats Webslle amortisation 78,607 1.503 37,533 1,503 TRUSTEES. REMUNERATION AND BENEFrrs Dentalcfs oparallons in England are regulated by the Care Quaffty Gommlsslon (CQC). It Is a requirement under CQC r8gulalion that the RegLstered Manager Is a member of the board io ensur8 that they have significant inftuenc8 over board deNions on dinical governance matters. The ro18 of Reglslered Manager also needs to have ov6rslghl of the day lo day aCtilIes. The only person was able trj meel thls utt6rla was Andrew Evans - CEO who is the CQC Regislered ManBger and therefore was made a board member. The govemanc8 rules hav6 b&Èn amended to refiecl ihis. During th8 year, Andrew Evans received a gross salary of £48,OCKI, errptyrs NIC of £5.369 and employors pension of £2.088. Thls Is due to hwn belTrJ CEO. The d)arity had auihority to pay thls under their goveming document. Trustees. expenses Durlry the year one Irustee {2023'. thréa trustees) were reknbur8ed (yjt of pocknt expan8e5 totalling £39 (2023: £380). 10. STAFF COSTS 2024 2023 Wages and salaries Social securlty costs Other penslon costs 631.467 56.724 13,577 505.875 41.260 12,880 701.768 560,005 The aver8ge monthly number oferryl¢)yees during the year was a$ followE: 2024 26 Average number of employees 2023 23 No employees received emoluments kn aSS of £60,0(M). Pagè 19 continued,..
OEPtrAID LIMrrED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR TrIE YEAR ENDED 31 MARCH 2024 11. COMPARATIVES FOR THE STATEPAENT OF FINANCIAL ACTIVITIES Unre5trtcted fjJnd8 R8strlcted funds Total funds INCOME AND ENOOWMENTS FROM Donations and legacEes 273,600 356,954 Charftable actlvltles Charitable aclivities 269.281 370,015 639.296 Other tradiro activ1119S Investrnent income 101,133 731 33,140 134,273 731 Total 454,499 676,755 1,131,254 EXPENDITURE ON Charftabl8 actlvffitles Charitable acti)rities 240.24g 827,210 1.067,459 NET INCOMEI(EXPENDFfuRE) Transfers between funds 214.250 (214,654) (150,455) 214,654 63,795 Net movement in funds (404) 64.199 63,795 RECONCILIATION OF FUNDS Totai funds brought forward 662,638 48,219 710,857 TOTAL FUNDS CARRIED FORWARD 662.234 112,418 774,652 12. PRIOR YEAR ADJUSTIAENT Operatlng lease commltment In th8 prh)r yearfs financial slalements, the dlsclosure of an operating lease arrangement 8ntered Into on 4th March 2019 was Inadvertently omltted. Thrs lease, whlch has a tem) of 10 years, was a signlflcanl finanGial )mrnltment. The lease has been ¢orreclly dlsclosed th8 rrent year flnandal statements r8f8r lo note 18, Reclasslficatlon of depreGiatlon expon88 A prior period adjustment has been mde in Nole 6 to redassfy depTrdallon expenses from 8UPPOrt costs to dlrecl costs, reflecting the usage of langibte fixed assets diredfy In tho provlslon of charita0 activit$. The nMJbile dentsl unlts Incur depreclation as Ihey are 6ssential for defwerFry seNices trj the public by Irov8liing to V8riou8 locations to prode as$istancR. The impacl of this adJUstnnt on Ihe financial statements is as ft)Ilows: Re¢la8sificalion amount: £7,221 Effect on piioryearfs movem6nl In fijnts: £0 Adlusted movement in funds for prfor year. £63,795 Page 20 nttnued...
DEfriTAID LIMITED NOTES TO THE FINANCIAL STATEMENTS . conllnued FOR THE YEAR ENDED 31 l¥lARCH 2024 YTANGIBLE FIXED A8SET8 Webslt8 COST At 1 April 2023 and 31 2024 7,515 AMORTISATION At 1 ApAI 2023 Ch8rge# foryear 1,503 1.503 Al 31 March 2024 3.006 NET BOOK VALUE At 31 fvfarch 2024 409 Al 31 Marth 2023 6,012 14. TANGIBLE FIXED ASSETS Improverrtents IAob Dental Units Plant and machinery Compui8r quipment prop8rty Tot81s COST OR VALUATION At l Aprfl 2023 Additions R8c[asSifiti0n 70,650 4.874 116.238 4,825 (83,184) 361,032 107,340 63,673 547,920 128,853 11,814 19,511 At 31 March 2024 7&524 37,879 532.lJ45 31,325 676.773 DEPRÉCIATION Al 1 April 2023 Charge foryear Impalffnents Rec18ssifiGationnran5fer 51,548 3,169 7&519 7.051 32.960 64,110 59,918 63,673 163,027 78.607 59,918 4,277 (11.003) 7,330 At 31 Maruh 2024 54.717 14.567 220,661 11,607 301.552 NET BOOK VALUE At 31 March 2024 20.807 23,312 311.384 19,718 375,221 At 31 Marth 2023 19,102 37.719 328,072 384,893 Cost orvalu8Uon a131 March 2024 Is represented ty. Improvements Mobl18 Denlal Units Plant and machlnery Computer equlpment property Totals Valuation In 2022 116.160 415.885 116,160 560,613 7524 37.879 31,325 75.524 37.879 532,045 31,325 676,773 Page 21 continued,..
DENTAID UMwfED NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 31 MARCH 2024 15. STOCKS 2024 2023 Stocks 189,780 265,047 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments 325,979 53,029 15,217 16,587 387.115 88,246 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors soal se¢uiity and Oth taxes Olhef creditors Acuuals and deferred irmmy 45.864 17,423 7.596 389,868 9,459 12,530 9,103 157,500 480,751 188,592 Movement In DefeTred Incx)me 2024 2023 Brought forward Amount released to InmIr0 resour( Amount defer( In year 155,050 -155,050 375,541 155,050 Carried forward 375,541 155,050 18. LEASING AGREEMENTS Minimum lease payments under non-c8ncellable operatiw leases fall Ilje as follows: 2024 2023 Wilhln cne year Belween one and five years 27,000 108,000 27,000 135,Ci 135.LKJO 162,Ch)O PwJe 22 conlnuad..
DENTAID UMrrED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 19. PROV1810NS FOR UA8ILrriES 2024 2023 Prowsions 26,134 Golf Day Cancelled . Refunds Post Year-End: Subsequent to the year-end, a planned golf day was nCelled, resullirvJ In refurKls totalling £2,900, Thls 8vent Is constdered an adjusting event 8fter the reporting perfod. Morocco May 2024 Overs&8s Trlp Cancelled- Refunds Posf Year-End Folkwing the yaar4nd, an overseas trip to MorocrA) stheduled for May 2024 w&8 Cancelled. and reftjnds tOtsITrJ £2,634.54 war8 issued. Thls Is an adjusting event after thg repwjting p6ri0d. eBay Sale Refunded After y&aEnd After the ye8r-end. a refund of £599.68 was Issued for an eBay sale. This refuThl relates to an adjusttng event after the reporting perioLI. Dllapldatlon Provlslon.. A provisron of £20,000 has bn recognlzed for dlapvjauon, r8118ding th8 estinated cosl of r88toring leased pr8mtses upon thÈ explry of the lease tn four year8, Th1 line vmth the18ase agre8ment. 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Tolal fund8 Unrestricted funds Restrlcted furHJs Flxed assets Current a&8ets Current liabilities Provlsion for liabilities 379,730 817,9gJ (460.751) (26.134) 379.730 979,314 {460,7511 (26,134) 390,869 572,375 (188.592) 161,324 710,835 161,324 872,159 774,652 Pag& 23 conlinued...
DENTAID LIMITED NOTES TO THE FINANCIAL STATEmErs - conllnued FOR THE YEAR ENDED 31 MARCH 2024 21. MOVEMENT IN FUNDS Net mLwem6nt In funds Al 1.423 31.3.24 Unrestsloted funds General furKJ Oversea¥ Volunteer Tripks UK Capital UK Treatment Ovorseas Project 662,233 50,978 713,211 1,004 (53,585) 6,918 43287 (53.585) 6.918 43,287 48,602 Restrlcted funds Overseas Volunteer Tp$ ¢3v8rseas Projects UK Capital UK Treatrnent 710.835 15,482 32,378 23,647 (22,602) 15,482 60,797 23.647 61,398 28,419 84,0 112,419 48,905 161.324 TOTAL FUND8 774.652 97,507 872,159 Net movement in funds. Incwed in Ihe aiM)vé are as follows: Incoming resources Resourcès expendad Mov8menl I funds Unrèstrfcted lunds General fund Overseas Vobjnteer Trips UK Capltsi UK Treatrnenl Ov8mas PJect 381,832 (330,854) 1.004 (105,498) (356,465) (1,004) 50,978 1,004 (53.585) 8,918 43.287 51.913 363.383 44.291 841.419 Restrl¢ted funds Overseas Volunteer Trlis Overseas ProJeds UK Capilal UK Troatment 1792,817) 48,602 205,120 46,838 95,484 464.390 (189,838) (14,460) (71,837) (486,992) 15,482 32,378 23,647 {22,602) 811.832 1762,927) 48,905 TOTAL FUNDS 1.653251 (1.555,744) 97,507 Page 24 continued...
DENTAID uMrrED NOTES TO THE FINANCIAL STATEMENTS - conUnued FOR THE YEAR ENDED 31 MARCH 2024 21. MOVEMENT IN FUNDS - contlnued Comparatlves for movement In funds Transfers beeen funds mGv8menl funds At 31.3.23 At 1.4.22 Unrestrieted funds Gener81 fund 662,638 214,249 1214,654> 662,233 Restrlcted funds Overseas Voluntaer Trlps Qvers&as Projects UK Capltal UK Treatmenl {32,495) 22,919 (61,745) (79,133) 32,495 28A19 42,719 19.026 163.133 84.OCrf) 48,219 (150.4541 214.654 112,419 TOTAL FUNDS 710,857 63.795 774,652 C(xnparaliva net movement In fuThJs, ITluded in Ihe above are as foltows: Incomlng resour$ Resources expended Movement In funds Unrestrlcted funds General fund 454,499 (240,2501 214,249 Restrlcted fvnds Overseas Volunteer Trips Overseas Pr UK Capltal UK Treatrnent 178.&51 29.161 154.975 313,968 (211,146) (6242) (216,720} (393,1011 (32,495) 22,919 (61,745) (79,133) 676.755 (827.209) (150,454> TOTAL FUNDS 1.131,254 (1,067.459) 63,795 Overseas Volunteertrlps Qrganlsed volunteerlng tdps to prle oral heath and emeru6ncy treatrnent ID developlng countries. Overneas Proje¢ts Spe¢ifi¢ prolects In developing countrles Ihat have an provldad funds andk)r gJulpmenl to enable provlslon of oral health andlor ongolng dental treatment. UK Treatment Speclflc projects in the UK for provlslon of emergency dental trealment to those WIK) cannot gain access 10 denllsty. UK Capital Projects Prowslon of project Irrfrastnjoture surj) as bulkllng devdopment. Page 25 conllnuad...
DENTAID UMrrED NOTES TO THE FINANCIAL STATEMENTS - Gontinued FOR THE YEAR ENDED 31 MARCH 2024 22. EMPLOYEE BENEFrr OBLIGATIONS The charity op8ral88 a defined contributlon penshjn scheme, The penslon cost ch8rge for th8 year represents contrlbutlorns payable ty the charlty to the schem8 arKI amounted lo £1377 (2023- £12,880}. RELATED PARTY DISCLOSURES 23. There were no r61ated party transactions for the year ended 31 March 2024. 2& ULTIMATE CONTROLLING PARTY The chaiilable company ts not under the cttrOl of another entlty or any one Kndwidual. Pagè 26