Company re8lstratlon nurnber '. 06820425 Charity rew5tratlon number.. 1129038 Richardson&Co Chtrt¢red Cermed Aecountonts Essex Dementia Care (a company limited by guarantee) Annual Report and Financial Statements 5t For the Year Ended 31 March 2024 Essex Dementla Care Contents Legal and Administrative Information Strategic Report 2to4 Trustees Report 5t07 Independent Examiner's Report Statement of Financial Activities Balance Sheet io Notes to the Flnancial Statements Ilto17 Essex Dementla Care Legal and Adrninlstrative Informatlon Chalrman Christopher Jullin85 Trustees Aprll Lawlor Mlke Clements Christopher Jullln8S Julie Chanel Jennifer Hyde lappointed 01/111231 Kate Gauden Iresi8ned 291081231 Charlty Reglstratlon Number Company Reglstratlon Number 1129038 06820425 The tharity is Incorporated In England Dorking & Orpington Suite House 3 Lynderswood Farm Black Notley Essex CM77 8JT Reglstered Office Prlnciple Office Dorklng & Orplngton Sulte. House 3 Lynderswood Farm Black Notley Essex CM77 8JT Independent Examlner Rlchardson & Co Accountants Limited Cornish & Sussex Suite, House 3 Lynderswood Business Park Black Notley Essex CM77 8JT Bankers Santander Bootle, Merseyside L30 4GB Virgin Monev Newcastle Upon Tyne. NE3 4PL Nationwide Northampton, NN3 6NW Redwood Bank Letchworth Garden Clty, SG6 3TA Metrobank London WCIB SHA Page I Essex Dementla Care Strategic Report for the Year Ended 31° March 2024 Achlevoments and Performan The experlence of dementia Ss Yery individual and the provision of one to one opportunltles for per50nalised activities is much needed. So too, for many if not all, are the opportunrties for these activitles to take place In a soclal context where the Indlvldual Is understood not only by the staff but also by other members of the group. Cllent and family reviews and evaluations Indlcate a hlgh level of satisfaction with the servite5 recelved. Activity Centre leaders are experienced activity provlders who prepare sessions wlth ima8inatlon and sensitivity, Their leader5hlp demonstrates to staff and volunteers our high standards of dementla care and therapeutic support, Some clients are happy to take advantage of both types of service and many attend more than one Actlvlty Day Centre per week. Whlchever 5ervlce they have, a wide variety of activities will be arranged. both outdoor and indoors, dependlng on Interests and abllfties. Where possible One2one Practitioners are linked to clients Wlth similar Interests. Activity Centre clients are assessed for their mobllity and skill levels and offered the most appropriate session. At the end of the financial year 2022123 Essex Dementla Care recelved £IOOk following the liquldotion of Age Concern Essex (Trading as Age UK Essex). The Essex Dementia Care Trustees have been exploring opportunitles In Chelmsford, Colchester and Maldon to put this bequest to good use for the beneflt of families in Essex who are Ilvln8 wlth dementla. This has led to the expansion of our activity centre base during the financial year, wlth the opening of Sprln8field In May 2023, and wrfttle in January 2024. Average activlty centre occupanry for the year increased to 66% of our maximum occupancy level [62% 2022123) with an average of 10.9 cllents at each session110.4 202V231. Over 19,OCKs client hours115,000 2022123) were delivered during the year at our day centres at 356 daily session5. Each daily session is for 4.5- 5 hour5 and Includes a freshly cooked midday meal. The One20ne servlce contlnues to be well used and much appreciated. However, client One20ne hours delivered fell during the financial year to S,10015,30Q 20221231 at an average of 431 hours per month 1445 202V231. The charity is very Brateful to the dedicated volunteers who a5SiSt the Activity Centre staff and help to provide empathy and encouragement to the clients. They make It posslble for the Centres to be run to a good standard of care and at an affordable fee. Internal and external factors A revlew of any antlcipated change in either law, licensin8 requirements, relevant financial factors and soclal change includlng staffing that may affect the operatlon of the charity is considered at each Board meetings. Procedures were completed early in the reportin8 period to ensure compliance with the General Data Protection Regulations Introduced in 2018. Page 2 Essex Dementia Care st Strateglc Report for the Year Ended 31 March 2024 Financlal revlew Pollcy on reserves The Trustees policy on reserves is to cover a minimum of 9 months operational costs. At 31 March 2024, the trustees have estimated 9 month5 of operational cost5 to equate to £378,000 whlch are covered by reserves held In Santander, Nationwide Building Society, Redwood bank, Metro bank and Vlrgln Money PIC bank accounts. The Trustees are extremely grateful to the Edward Gostling Foundation, who gifted Essex Dementia Care £130,OCXJ In FebrLéary 2024 foi the establishment of an endowment fund, which Is referred to as 'Yhe Edward G05tlin8 Fund" For a period of 5 years this fund may be used to prevent the reserves of Essex Dementla Care fallln8 beneath 9 months operatin8 Costs by transferrin8 sufficlent funds from the endowment fund into reserves. On the fifth anniversary, any remalnln8 endowment funds may be used for any purpose that further the charitable objects of Essex Dementia Care. Prlnclpqlfvndlng 50ur¢es Income 15 chiefly generated by the services provided. However, the Charlty aims to keep the fees at an affordable level and on-going fundraislng Is nece55ary both to maintain a secure financial position and have resources to plan for future development. Local Authorlty Grants made the development of services possible initially and further funding ha5 enabled us to develop our much needed dementla services with confidence. Graftts, Significant donations from local businesses and individual donation5 from famllies and other supporters have played an important part in financingthe servi￿S. The Trustees are 8rateful to the many grant awardlng bodies, and local organi5ations and Individuals who have provided much needed funding during the financial year. Pay pollcy for senior staff is based on the balance between recognising the commitment made and responslblllties they hold with the Ilmited financial posltion of the charity. COMPANY STATU5 E55ex Dementia Care is a company lirnited by guarantee and there Is therefore no share capital. Smoll company provlslons This report has been prepared in accordance wlth the small compan￿5 regime underthe Companles Act 2006 Page 3 Essex Dementia Care Strategic Report for the Year Ended 31. March 2024 Plans for future periods Alms and key 0bjertivesforAutu￿ perlods Our client numbers. and therefore our income streams, are constantly fluctuatlng and It 15 crucffial to see the long term picture for sustainablllty, There is the need, therefore, to Constantly monltor the cost effectlveness of the services offered There Is a comprehenslve 2024-26 Essex Dementia Care (EDC} Strateglc plan which Inft)rms decision- makin8 re8ardin8 development and sustainability. EDC has invested quite considerably In marketing its 5ervlces during 23124 and this will continue to be a priority focus in 24125 and beyond. Artlvltles planned to achleve alms The Senior Manager and the Care Manager attend events and 'support groups, or 'cafes' to raise awareness and maintaln Ilnk5 wlth other professlonals and the Essex County Councll Commlsslonin8 Servlce. The EDC website has been completely refreshed to maximise marketing impart and to promote increased referrals. To maintain a high quality of service the Senior Manager re8ularly seeks opportunitles for staff trainin8 over and above the mandatory certificate5 especially those for person-centred dementia care. Seeking speclfic fundln8 for thls ha5 been successful and enables the training to be maintalned to a high level. Staff pay reviews are carried out annually. The Trustees recognise a need to acknowledge the commitment given by staff members and continue to ensure that pay rates are attractive and remaln competitive in the market. Staff turnover remains extremely low. There are very produttlve working relationships within EDC and in the extemal market. Rlsk monogement The risk re8i5ter is regularly presented at Board meetings. PaBe 4 Essex Dementla Care Trustees Report The Trustees, who are also directors of the charity for the purposes of the Companles Act 2006, present thelr report with the financlal statement5 of the charity for the year ended 31 March 2024. The Trustee5 have adopted the provlslons of the Statement of Recommended Prartice ISORPI 'Accounting and reporting by Chartties, IEffective from l January 20191. Essex Dementla Care is a charlty estab115hed a5 a response to the expressed occupation31 needs of people wlth dementia in Essex. There is a wealth of internatlonal academlc evldence for the essentlal role of meaningful artivity in creating and maintainin8 8ood health and well-bein8 for everyone. It Is Essex Dementia Care'5 chief purpose to provide this for familie5 where dementia Is present in an environment where the provlsion of personallzed, therapeutic occupation from other source5 is limited. OBJEcfivES AND AcllviTIE5 Alms The aim of Essex Dementia Care 15 to contrlbute to the health and well-being of families in Esse¥ who are livln8 wlth dementlè and to contrlbute to the wlder communlty Involvement in the dementia agenda. Our 80al is to help as many people as possible. Oblectlwes 5trotegles and actlvltles Oblectlves These aims are achieved throu8h.. l. The provision of therapeutic artivitie5 to people wlth dementia and such dirett care as is deemed to be a relevant part of those artivities 2. The provlsion of respite, support and information to family and Informal carers. 3. Worklng wlth other Independent, prlvale and voluntary groups to promote the access and availability of speclalist services that support people living with dementla as well as their famllles and carers. 4. Raising public awarene55 of the nature of dementia and of quality dementia care. How thls is achleved The Care Manager responds to ￿qUestS for services by maklng a home visit and assesslng the clients, occupational profiles and care needs. A personal care program is developed and monitored over time. Our carefully recruited and trained Practitloners facilitate activities that wlll reflert the individual's choice and interests within their current capabllities. Self-esteem is enhanced and an interest In Ilving, within the Ilmltatlons resulting from dementia, generated. The Prartltioner becomes the friend who enables these activltles to take place. To help maintain this confidence considerable effort is made to reduce to an absolute mlnimum the changes in those Practitloners allocated to attend any one client. Page 5 Essex Dementla Care Trustees Report The cllent's family plays an active role in the Care Planning process and their needs for support; Information and respite are recognized In the decision making. Links with other professional bodies, voluntary sector groups or other interested organisations provide opportunities for ralslng awarene55 of both the need and opportunities for good dementia care in the community and also become the springboard for fundraisin8 events, Publlc benefit The Trustees can conflrm that they have pald due regard to the guidance of the Charity Commlsslon in relation to public benefit. Strutture, governance and mana8ement Nature of qovernlng d¢Kument The governing document is the organisatlon's Memorandum and Artlcles of Assoclatlon dated 9 February 2009. as arnended by speclal resolution dated 26 March 2009. Recrultment ond oppolntmentof Trustees The appointment of Trustees is by having regard to the job description and person speclflcation and bv intervlew of Interested partles. Inductlon and tralnlnq of trustees When interest in be¢omin8 a Trustee is shown there will be a perlod of observing at meetings before further commltment on either side is made. Orqanlsadonolstructure The organ153tion is governed by a Board of Trustees. The day to day runnln8 and strateglc Input Is provided by the Senior Manager, Kelly Bleasdale, who is supported by the Care Manager, a service coordinator and a part-time Marketin8 Assistant to asslst pushing our marketing strategy. Related Partles There are no related or connected charitles. Rlsks nnd monagementof those rfsks Investment activity will not be undertaken by the Charity at the present time. Page 6 Essex Dementla Care Trustees Report Statement of Trustees Responslbllltles The Trustees (who are also dirertors of Essex Dementia Care for the purpose5 of company lawl are responsible for preparing the trustee5' report and the financial statements in accordance wlth the United Kingdom Accounting Standards Iunlted Kingdom Generally Accepted Accountln8 Practice) and appllcable law and regulations. Company law requlre5 the trustees to prepare financial statements for each financlal year. Under company law the trustees must not approve the financial statements unless they are satlsfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and appllcatlon of resources. includlng Its Income and expendlture, for that period. In preparin8 these flnanclal statements, the trustees are required to: Select 5Ultable accounting policies ènd apply them consistently* Observe the methods and principles in the Charlties SORP,. Make jud8ements and estimates that are reasonable and prudent,. State whether appllcable UK Ac¢ountin8 Standards have been followed, Subject to any material departures disclosed and explained In the financlal statements,, and Prepare the financial statements on the golng concern basls unless Ft Is inapproprlate to presume that the chifitable company will continue in buslness. The trustees are responslble for keepin8 adequate accountin8 records that are sufflclent to show and explain the charitable company's, transaction5 and disclose with reasonable accuracy at any tlme the financial position of the charrtable company and enable them to ensure that the financial statements comply wtth the Companies Att 2006. They are also responsible for safeguardin8 the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularitles. The annual report was approved by the trustees of the charlty on Ilth September 2024 and si8ned on its behalf by-. ci•* Christopher Jullings Chairman and Trustee Pa8e 7 Essex Dementla Care Independent Examiner's Report to the trustees of Essex Dementla Care ('the Cornpan￿) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responslbllltles and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Art 20061.the 2006 Act'l. Havin8 satisfied myself that the accounts of the Company 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 your charity's accounts as carried out Ltnder section 145 of the Charities Art 20111'the 2011 Att'l. In carrying out my examination I have followed the Directions 8iven by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlnerfs statement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connettion with the examination giving me cause to believe: l. accounting records were not kept in respert of Essex Dementia Care as required by settion 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the actounts do not comply with the accounting requirements of section 396 of the 2006 Art 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 accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prartice for accounting and reporting by charities (applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matter5 in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Maria Richardson FCCA Independent Examiner Cornlsh & Sussex Suite, House 3 Lynderswood Business Park Black Notley Essex CM77 8JT th 10 July 2024 Page 8 Essex Dementia Care Statement of Flnanclal ArtITthles for the Year Ended 3tst March 2024 {Includln8 Incomè and Expendlture Account and Ststement ot Total Rtcognlsed Galns and Losse5} Unrestflcted fvrM15 At￿rkled funds fndowment Funds Total 2024 Total 2023 14ote In¢ome and Endowrn¢nt5 from.. Donations and le8acles Charhable attivitles Investment income Other incorning resources Total income 21,9S6 417,704 6.612 21,956 417.704 6,612 130,000 576,273 123.597 361.747 L692 130,000 J30,000 446,273 487,036 Expendlture on: Aaislngfunds Charftable artivitie5 Total expenditufe 19.6161 1501,tW4 1511.0201 19,6161 114.7891 1504.1891 1423,7661 1513,8051 1438.5551 12.7851 12,785 Gross transfèrs betweerl fund5 47,COJ 147,0001 Net incorne/leXp￿dlturé] Net movlmeryt In funds 117,7471 117,7471 12,7851 12.7851 83.000 83.000 62,468 62.468 48,481 48A81 Reconclllatlon of lunds Total funds browht forward Total fund5 carrled forward 359,970 342.223 13,563 10,778 373,533 436,001 325,052 373,533 15 83,OLY> All ofthe ch8riVs activitie5 derive erom conilnuln8 operatlons durSng the above two period5. The fund5 breakdown for 2024 is shown In note 15. Page 9 Essex Dementia Care (Registratlon number: 068204251 88lance Sheet as at 81st March 2024 Note 2024 2023 Current assets Debtors Cash at bank and in hand li 41,079 466.974 508.052 139,929 326.569 466,498 12 Creditors.. within one ye3T Net 855ets 13 172,0511 436,001 192.9641 Funds of the charity: Unrestrlrted income funds Unrestricted lund5 15 342.223 359,970 Restri£ted Income lund5 Re5trlcted funds 15 10,778 13.563 Endowment Funds Endowment Funds 15 83.000 Total fund5 15 436,001 373,533 For the financial v@6r onded 31st Marth 2024 the charity was entitleo to exemption fom audit under settion 471 t)f the Companies Att 2006 relating to small companie5. Directors. respon5bilities-. The members have not required the charity ot obtain an audit Df its account5 for the vear In quèstion in accoradance with section 476,. and The directtsr5 acknowledge ihelr responsibilities for complyln8 wlih thg requirements ol the AIÈ with respect to accounti￿￿ record5 ancfi the prepèratlon of 3ccounts. The financial statpmen15 OTr pages 9 to 17 viere appTcved by the trusrees. and èuth0ri5ed for 155ue on Ilth September 2024 and signed on their behalf by.. ILL April Lawlor Trustee ChristopherJullin8S Chairman and 7rustee Page 10 Essex Dementla Care Notes to the Flnanclal Statements for the Year Ended 31 March 2024 l. Charlty status The address of its registered office is: Dorking & Orpington Suite, House 3 Lynderswood Farm Black Notley Essex CM77 8JT These financial statement5 were authori5ed for issue by the trustees on Ilth September 2024. 2. Accountlng pollcles Summary of sl8nlflcant accountln8 pollcles and key ac¢ountlng estlmates The principal accounting pollcies applied in the preparation of these financlal statement5 are set out below. These policies hove been consistently applled to all the years presented, unless otherwlse stated. Statement of compllance The ftnanclal statements have been prepared in ac¢ordan¢e with Accounting and Reportln8 by Charltles: Statement of Recommended Prattlce (appllcable to charlties preparln8 their accounts in accordance with the Financial Reportlngstandard applicable In the UK and Republic of Ireland IFRS 102}I lissued in October 20191- Icharities SORP (FR5 10211, the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. 8asls of preparatlon Essex Dementia Care meets the definltion of a public benefit entity under FRS 102. Assets and liabilrties are initially recognlsed at historical c05t or transaction value unle55 Otherwise stated In the relevant accountin8 policy notes. Golng concern The trustees consider that there are no material uncertainties about the charlty's ability to continue a5 a 8oln8 concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Incorne and endowments All income is recognlsed once the Charrty has entitlement to the income. it is probable that the Inwme will be received and the amount of the Incorne receivable can be measured rellably. Donatlons and legacles Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation 15 subject to condltions that require a level of perfomiance by the Chority before the charity Is entitled to the funds, the income is deferred and not recognlsed untll either those conditions are fully met, or the fulfilment of those conditions Is wholly within the control of the charity and it is probable that these conditions will be fulfllled in the reporting period. Page 11 Essex Dementla Care Notes to the Flnancial Statements for the Year Ended 31 March 2024 Deferred Income Deferred income repre5ent5 amounts recelved for future perlods and is released to incomin8 resources in the period for which, It has been received. Such Income is only deferred when: The donor specifies that the grant or donation must only be used In fijture accounting periods; or The donor has Imposed conditions which must be met before the charity has uncondltional entitlement. Expet7dlture All expenditure Is reco8nised once there Is a legal or constructlve obligation to that expenditure, it Is probable settlement Is requlred and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be dlrectly attributed to particular headings they have been allocated on a basis conslstent wlth the use of resources, with central staff costs allocated on the basis of tlme spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Ralsln8 funds These are costs Incurred in attractlng voluntary income. the management of investments and those incurred in tradln8 activitles that raise funds. Charltable artlvlties Charitable expendlture comprises those costs incurred by the charlty In the dellvery of Its attivitles and servlce5 for Its beneflclaries. It includes both costs that can be allocated direttly to such artlvities and those costs of an indirect nature necessary to support them. Support costs Support costs include central functlons and have been allocated to activlty cost categories on a basis conslstent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff cost5 by the tlme spent and other costs by their usage. Governance ¢0st5 These include the costs attrlbutable to the charltvs compliance wlth constitutional and statutory requirements. including audit, strategic managefflent and trustees meetings and reimbursed expenses. Taxation The charlty Is considered to pass the tests set out in Para8raph I Schedule 6 of the Flnance Act 2010 and therefore it meets the definition of a charltable company for UK corporation tax purposes. Accordingly, the tharity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or galns are applied excluslvely to charitable purposes. Pa8e 12 Essex Dementia Care Trade debtors Trade debtor5 are amounts due from customers for merchandise 501d or Services performed in the ordinary course of business. Trade debtors are recognised inltlally at the transaction price. They are subsequently measured at amortised cost usin8 the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evldence that the charity will not be able to collect all amounts due according to the origlnal terms of the receivables. Cash and ¢a5h equlvalents Cash and cash equivalents comprise cash on hand and call dep051ts, and other 5hort-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade credltors Trade creditors are obligations to pay forgoods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reportin8 date. they are presented as non-current liabilitie5. Trade creditors are recognised initially at the transaction price and subsequently measured at amorti5ed cost using the effective interest method. Fund strurture Unrestrirted income funds are general funds that are available for use at the trustees discretlon in furtherance of the objertive5 of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restrlcted to that area or purpose. Page 13 Essex Dementla Care Notes to tho Flnandal Statements for the Year Ended 3tst March 2024 3 Incomè from dortatloni l•gKI•s Unr•strkt¢d Funds #¢slikt•d funds Elldow￿nt Fymd5 Totsl 2023 Don4￿0￿$and le8ècles.' Oonètionsand Gifts 21,956 21.956 123.597 Total for 2024 21,956 21,956 123,597 4 thwme trom tal Z023 lunrfs kI1v￿ ¢ethtre SuppDrt 5orvlces Actiwtle5 to 8enerate funds Grants 192,220 129.803 47,350 48,332 192,220 129.803 47.3 48,332 153,707 129.421 46,951 31,668 417,704 417,704 361.747 5 Irb¥esthient Income Vnre5trknod Funds Restrltled funds Endowment Thds Tot 21)24 Tothl 2023 Inte¥ertr*ievBble and slmllar knc¢me.' Interest recd¥able on bank dÈpo51t5 Endowment fu¢)ds 6.612 6.612 130.(X)O 1.692 130,OUO 6,612 130,000 136,612 1,692 Page 14 Essex Dementla Care Notes ta the FI￿￿tIO1 Statements for the Year Ended 31$1 Ma￿h 2024 Unr•rt¥kred R*Slvktyd End¢sV4m•nl Fundi Tgt•l 2023 Z4 Othei DiieaCeMrec05ts RenLAates & Room Hlre Repalrs & Maintenance OflkÈ Expe*ses Println8 & 5ta¢lontry Allotment Le801 & Prof155lonal Stsff Travél &TialnlnÈ 34,959 41,594 94,959 41594 350 23,771 5.844 1,785 24,672 35,545 Z3,771 23,4Z3 S,054 3,355 2,182 41,295 1,920 285,459 777 2,785 46,509 6Y) 341,292 3,987 46.509 Staf1¢05ts Athertl¥n8&Web$￿e 341,292 3.9B7 501,404 2,785 )4,189 413,766 Notrustres, nor anypewDs ¢onneLted whh them. haverecelvedany ￿M￿neral￿n fromthe rh3rtydurln8the yoar. 8 Emgl•¥ees The a8ye6ate P•YToII c¢sts ¥rtre asl¢Ucw5.' 1014 20 St•ff to5bduF￿thOveaTthV•.' WagÈs and yl*es pensknn CD5ts otherstaff￿Sts 319,664 4,485 46392 370.S41 2YO,674 3,785 40,866 315J25 morthly avera6E n￿mber01 personaklkncludl￿a senlor m8•a8emenrl kadeT5th1ptsRThl ernphiyed bythe thaFityduriD8theyÈaTexpre55Esa5 Vull tirne equ1¥a￿ntS were as folb*s'. 2024 24 2023 20 A¥*rnÈe number0femplo￿S 110 thnployee51etew¢d emolumeTrtsolmoreth¥>£60,CIXldurfhgthÈ year. Jiinstheyearthe ¢harNy madethefollMnBtAnsartK>nswf(h key Ma￿8•1￿nI personnel,. KoyM4na8Uii¢ntPersOhTh*l The Key Manaqement Personnelrerew rernunerauon of£70.30212023,-£6S,7101 Page 15 Essex Dementia Care Notes to th• Frnancbal Statement$ for the Year Ended 31# March 2024 9 A￿Ountants remumratlon 2024 202a Acc￿￿￿n(w fte5 890 1,920 10 Taxalloft The charlry Is a reglstertd tharlty ènd therefore exemptfromt•xatlDn. 2024 2013 11 Debtors Trade debt¢r5 Preptyments Other debtors 35,174 2,420 3,485 41,079 34,129 2,240 103,5eQ 139.929 1014 2023 12 Cash and ¢ash *qulvalents C•sh on hand Cash atbank 1.290 465,683 466,974 672 325.897 326.569 Z024 202> 13 Cr¢dltw. amount5 fall￿d￿eWttht￿ oneygar Trade creditor5 othertaxation Ind 50r*il securlty Othercreditors PenS￿n scheme credltor A£¢ru•ls Deferred Income 4,628 26.956 861 4,106 35,500 72.051 5.831 25,731 995 9.075 51,332 92,964 Page 16 Essex Dementla Care Notes to the Flnandal Statements tor the Year Ettded 31st March 2024 14 Fln¥ncl•l #uaranteo iontracts The charlty Is a private company limsted by 8uarantee tonsequentlythes fiot hève share cèpltal. Each of the rnernbers is liable to contrfbvte an amount towardsthe assets of the charhy in the event of Ilquldatlon. The arnount of the financlal guarèntee contrart Is £ NIL IS Funds Bthttce at 1° Aprll 2023 Resour expendtd alan¢e It alance tt 31. Mar