Charity registration number 1123776
Company registration number 09857601 (England and Wales)
BOLTON DEMENTIA SUPPORT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
BOLTON DEMENTIA SUPPORT
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mrs S Crossley |
|---|---|
| Mrs L Rance | |
| Mr M W France | |
| Chief Officer | David Bevitt |
| Charity number | 1123776 |
| Company number | 09857601 |
| Registered office | Carers Resource |
| Thicketford Road | |
| Bolton | |
| Independent examiner | David Kay FCA |
| Barlow Andrews LLP | |
| Carlyle House | |
| 78 Chorley New Road | |
| Bolton |
BOLTON DEMENTIA SUPPORT
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 13 |
BOLTON DEMENTIA SUPPORT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 APRIL 2024
The Trustees present their annual report and financial statements for the year ended 30 April 2024.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
Objectives and activities
The objectives of the charity, as set out in its governing document, are to relieve the needs, promote and protect the good health of people suffering from dementia and their Carers, through such activities and support as the trustees deem fit.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
The main activities of the charity in normal circumstances
.
Day-to-day
We provide information, advice, face to face outreach support and telephone counselling for people living with dementia and those who support the charity.
Our Dementia Care Officer and BDS@Home worker will support the person living with dementia to remain in the community for as long as possible and ensure they have a happy, productive, and fulfilling life within the community.
The Dementia Care Officer will help the carers with social and emotional support, including initial triage of needs and signposting. The BDS@Home worker will support the person with dementia in activities designed to re-kindle past interests and add purpose to daily tasks, encouraging activity and delaying cognitive decline.
Weekly
We provide a Carers Equip programme for Carers of people living with dementia which involves outside agencies – including NHS staff, Admiral Nurses and expert speakers covering such topics as power of attorney and domiciliary care – offering advice and information. We also include a monthly well being session facilitated by our colleagues at Empowered Conversations, supplemented by a monthly Zoom session. This is a safe and supportive space for carers to share their problems and successes
These run alongside planned activity sessions for the person living with dementia, with activities to improve dexterity and memory skills, but mostly some fun.
The charity holds two Memory Cafes each week at Bar Lane Bowling Club and Blackrod Community Centre. These provide people with the opportunity to meet with others who have similar circumstances and share any ideas to stimulate and promote the wellbeing of everyone who attends. The usual format is a quiz, raffle, music, dancing, and refreshments.
A gardening group meets each Friday morning for three hours which involves people with dementia enjoying gardening, planning, sharing the fruits of their labours and having the chance to socialise.
- 1 -
BOLTON DEMENTIA SUPPORT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
Monthly
We take part in Dementia Awareness events and are an active part of Bolton Dementia Action Alliance. We ensure our member views and opinions are heard through consultation events with NHS Bolton Clinical Commissioning Group, other relevant organisations, and regular questionnaires. Training is provided for our members through a provision in connection with Bolton NHS Admiral Nurse covering physical, emotional, and practical topics. Examples of sessions are bladder & bowel issues, safety in the home, health aids, strength & balance improvement, and lasting power of attorney.
To ensure Bolton Dementia Support's aims and objectives comply with guidance on public benefit, our service is promoted and open to the whole community with no restrictions being placed on users of the service.
Most people for whom we provide care are aged over 65. Although dementia is a degenerative disease, we have demonstrated that with the right kind of support and a truly person-centred approach, the individual living with dementia experiences a far better quality of life, which, in turn, has a positive effect on those who care for them.
Achievements and performance
We continue to measure our success and performance by the demand on our service, which remains high, and the increased attendance at our various events. The high number of compliments, thank you cards and on-line messages that we received throughout the year underlines the value and importance of what we do.
The activities we put on each week are the main sources of support for our members and remain well attended and enjoyed. We continued to provide training to help carers to understand the needs of those affected by dementia and to offer them coping strategies to use in their daily lives.
The regular Memory Cafés and events that we put on during the year helped reduce the social isolation of individuals coping with dementia and carers find that they develop an increasing circle of friends who support and help them to continue caring.
The new website developed in the previous year has been successful, providing ongoing support and giving the public a portal where they can get in touch directly with us.
Financial review
The financial performance of the charity for the year under review is summarised in the Statement of Financial Activities on page 5. Unrestricted funds increased by £10,708 to £82,483. Restricted funds increased to £69,761 in the year (see note 13). The Trustees are satisfied with the financial position of the charity at the year end.
A significant amount of our funding continues to be received in the form of grants, primarily from Bolton CCG and
Bolton MBC.
The charity aims to hold sufficient free reserves to cover operating costs for at least 6 months and enable the charity a reasonable period of time to seek alternative funding should a key income source be significantly impacted for some reason. Free reserves of £80,206 at the financial year end meet this target.
Plans for Future Periods
We intend to continue to relieve the needs, promote and protect the good health of people suffering from dementia and their Carers in the future.
- 2 -
BOLTON DEMENTIA SUPPORT
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
Structure, governance and management
The charity is a company limited by guarantee, incorporated on 4 November 2015. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.
As set out in the Articles of Association, trustees are appointed by serving trustees and there is no limit on how many trustees the charity can have.
The trustees currently in office are listed on the Legal and Administrative Information page.
The Chief Officer is appointed by the trustees to manage the day-to-day operations of the charity. The Board of Trustees and Chief Officer generally meet on a quarterly basis.
The weekly email which was introduced during lockdown has continued. It is issued each Monday to members, volunteers, and trustees, detailing all the activities available for the week, together with the zoom access details (where appropriate). All our activities are detailed on social media and the website.
The trustees' report was approved by the Board of Trustees.
Mrs S Crossley
Trustee Dated: 22 January 2025
- 3 -
BOLTON DEMENTIA SUPPORT
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOLTON DEMENTIA SUPPORT
I report to the Trustees on my examination of the financial statements of Bolton Dementia Support (the charity) for the year ended 30 April 2024.
Responsibilities and basis of report
As the Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no 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 charity as required by section 386 of the 2006 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
David Kay FCA
Carlyle House 78 Chorley New Road Bolton
Dated: 22 January 2025
- 4 -
BOLTON DEMENTIA SUPPORT
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024
| Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income from: Donations, grants and legacies 2 31,052 132,048 Charitable activities income 3 8,018 - Total income 39,070 132,048 Expenditure on: Cost of raising funds 4 11,556 - Charitable activities 5 16,806 99,915 Total resources expended 28,362 99,915 Net income/(expenditure) for the year/ 10,708 32,133 Gross transfers between funds - - Net movement in funds 10,708 32,133 Fund balances at 1 May 2023 71,775 37,628 Fund balances at 30 April 2024 82,483 69,761 |
Total Unrestricted Restricted funds funds funds 2024 2023 2023 £ £ £ 163,100 11,920 80,786 8,018 10,547 - 171,118 22,467 80,786 11,556 13,060 - 116,721 15,764 91,452 128,277 28,824 91,452 42,841 (6,357) (10,666) - 4,330 (4,330) 42,841 (2,027) (14,996) 109,403 73,802 52,624 152,244 71,775 37,628 |
Total funds 2023 £ 92,706 10,547 103,253 13,060 107,216 120,276 (17,023) - (17,023) 126,426 109,403 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 5 -
BOLTON DEMENTIA SUPPORT
BALANCE SHEET
AS AT 30 APRIL 2024
| Notes Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Net assets excluding pension liability The funds of the charity Restricted income funds 13 Unrestricted funds |
2024 £ 155,697 (5,730) |
£ 2,277 149,967 152,244 152,244 69,761 82,483 152,244 |
2023 £ 110,973 (4,637) |
£ 3,067 106,336 |
|---|---|---|---|---|
| 109,403 | ||||
| 109,403 | ||||
| 37,628 71,775 |
||||
| 109,403 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 April 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 22 January 2025
Mrs S Crossley Trustee
Company registration number 09857601 (England and Wales)
- 6 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024
1 Accounting policies
Charity information
Bolton Dementia Support is a private company limited by guarantee incorporated in England and Wales. The registered office is Carers Resource, Thicketford Road, Bolton.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Transfers between funds arise when expenditure is incurred in one fund which can be funded, or part funded, by income of another fund. In addition, transfers may be made from unrestricted funds to clear excess expenditure over income arising in restricted funds.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Grant income is accrued where it is received post-year end in respect of expenditure incurred before year end. Shop income is recognised at point of sale.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be reliably measured. Expenditure is classified under the following activity headings:
-
Costs of raising funds, which are activities undertaken to generate income.
-
Expenditure on charitable activities, which are the costs incurred by the charity in the delivery of its activities and services to its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. by estimated usage.
- 7 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
1 Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers and office equipment
25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.
Basic financial assets
Basic financial assets, which include cash and bank balances, are initially measured at transaction price.
Basic financial liabilities
Basic financial liabilities, which include other creditors, are initially recognised at transaction price.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Donations, grants and legacies
| Unrestricted Restricted funds funds 2024 2024 £ £ Donations and gifts 31,052 - Grant income - 132,048 31,052 132,048 |
Total Unrestricted Restricted funds funds funds 2024 2023 2023 £ £ £ 31,052 11,920 - 132,048 - 80,786 163,100 11,920 80,786 |
Total funds 2023 £ 11,920 80,786 |
|---|---|---|
| 92,706 |
Grant income received in the year comprises £47,986 from Bolton NHS CCG and £84,062 via Bolton MBC Preventative fund.
- 8 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
3 Charitable activities income
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Income from Memory Cafe, trips and events | 8,018 | 10,547 |
4 Cost of raising funds
| Fundraising and publicity Advertising Trading costs Shop and similar purchases Property rents, rates, utility charges, repairs and maintenance Trading costs |
2024 £ 259 5,603 5,694 11,297 11,556 |
2023 £ 108 |
|---|---|---|
| 6,226 6,726 |
||
| 12,952 | ||
| 13,060 |
- 9 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
5 Charitable activities
| Staff costs Depreciation and impairment Legal and professional Telephone and internet Sundry costs Printing, stationery, IT and postage Insurance Other costs of Memory Cafe and events etc. Share of support costs (see note 6) Share of governance costs (see note 6) Analysis by fund Unrestricted funds Restricted funds |
2024 £ 84,117 2,143 1,901 2,814 2,411 4,614 502 13,162 111,664 1,438 3,619 116,721 16,806 99,915 116,721 |
2023 £ 74,832 2,160 3,183 120 946 4,631 769 15,996 |
|---|---|---|
| 102,637 1,039 3,540 |
||
| 107,216 | ||
| 15,764 91,452 |
||
| 107,216 |
6 Support and governance costs
| Support Governance 2023 total £ £ £ Professional fees 1,438 - 1,438 Examination fees - 3,619 3,619 1,438 3,619 5,057 Analysed between Charitable activities 1,438 3,619 5,057 7 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets |
Support Governance £ £ 1,039 - - 3,540 1,039 3,540 1,039 3,540 2024 £ 3,619 2,143 |
2022 total £ 1,039 3,540 4,579 4,579 2023 £ 3,540 2,160 |
|---|---|---|
- 10 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
8 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| 5 | 4 | |
| Employment costs | 2024 | 2023 |
| £ | £ | |
| Wages and salaries | 82,761 | 73,681 |
| Social security costs | 21 | - |
| Other pension costs | 1,335 | 1,151 |
| 84,117 | 74,832 |
No employees received remuneration of more than £60,000 during the year (2023: none). Remuneration of those considered to be key management personnel, amounted to £37,029 (2023: £35,578), including employer's pension contributions.
9 Tangible fixed assets
| Tangible fixed assets | |
|---|---|
| Computers | |
| and office | |
| equipment | |
| £ | |
| Cost | |
| At 1 May 2023 | 10,037 |
| Additions | 1,353 |
| At 30 April 2024 | 11,390 |
| Depreciation and impairment | |
| At 1 May 2023 | 6,970 |
| Depreciation charged in the year | 2,143 |
| At 30 April 2024 | 9,113 |
| Carrying amount | |
| At 30 April 2024 | 2,277 |
| At 30 April 2023 | 3,067 |
- 11 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
| 10 | Creditors: amounts falling due within one year | ||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| £ | £ | ||||
| Other taxation and social security | 1,227 | 347 | |||
| Other creditors | 333 | 278 | |||
| Accruals and deferred income | 4,170 | 4,012 | |||
| 5,730 | 4,637 | ||||
| 11 | Retirement benefit schemes | ||||
| 2024 | 2023 | ||||
| Defined contribution schemes | £ | £ | |||
| Charge to profit or loss in respect of defined contribution schemes | 1,335 | 1,151 | |||
| The charity operates a defined contribution pension scheme for all qualifying employees. The | assets of the | ||||
| scheme are held separately from those of the charity in an independently administered fund. | |||||
| 12 | Analysis of net assets between funds | ||||
| Unrestricted | Restricted | Total |
|||
| funds | funds | ||||
| £ | £ | £ | |||
| Fund balances at 30 April 2024 are represented by: | |||||
| Tangible assets | 2,277 | - | 2,277 | ||
| Current assets/(liabilities) | 80,206 | 69,761 | 149,967 | ||
| 82,483 | 69,761 | 152,244 | |||
| Fund balances at 30 April 2023 are represented by: | |||||
| Tangible assets | 2,726 | 341 | 3,067 | ||
| Current assets/(liabilities) | 68,708 | 37,628 | 106,336 | ||
| 71,434 | 37,969 | 109,403 |
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
- 12 -
BOLTON DEMENTIA SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
13 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| Current year: At 1 May 2023 Incoming resources Resources expended Transfers At £ £ £ £ Bolton NHS CCG - 47,986 (47,986) - Bolton CVS - Dementia at Home 22,468 - (14,737) - BMBC Preventative Fund 9,916 84,062 (31,948) - National Lottery Awards For All 5,244 - (5,244) - 37,628 132,048 (99,915) - Previous year: At 1 May 2022 Incoming resources Resources expended Transfers At £ £ £ £ Grant income 52,624 80,786 (91,452) (4,330) |
30 April 2024 £ - 7,731 62,030 - 69,761 30 April 2023 £ 37,628 |
|---|---|
14 Related party transactions
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year and there were no other related party transactions to report.
- 13 -