Company rewstratlon number: 06B20425 Charlty regtstratkn number: 1129038 R&Co Richardson&Co Ch(Ylwed CertlAed A¢¢¢vnlonts Essex Dementia Care {a company limited by guarantee) Annual Report and Financial Ststements st For the Year Ended 31 March 2025 Essex Dementia Care Contents Legal and Administrative Informatlon Strategic Report 2to4 Trustees Report 5t07 Independent Examinerfs Report Statement of Financial Actlvltles Balance Sheet io Notes to the Flnancial Statements Ilto17 Essex Dementia Care Legal and Administrative Informatlon Chalmwn Chrlstopherjulllngs Trustees Aprll Lawlor Mlke Clements Christopher Jullin8S Julie Chanel Jennifer Hyde Charlty Reglstratlon Number Company Registration Number 1129038 06820425 The charlty Is Incorporated In En8land A￿￿ered Office Dorklng & Orplngton Sulte House 3 Lynderswood Farm Black Notley Essex CM77 8JT Prlndple Office Dorklng & Orpln8ton Sulte, House 3 Lynderswood Farni Block Notley E55ex CM77 8JT Indepe•)dent Examlner Rlchardson & Co Accountants Limlted Cornish & Sussex Sulte, House 3 Lynderswood Busine55 Park Black Notley Essex CM77 8 Banker5 Santander. Bootle, Mer58yside, L30 4GB Virgin Money, Newcastle Upon Tyne, NE3 4PL Natlonwlde, Northampton, NN3 6NW Radwocml Bank, Letchworth Garden Clty. SG6 3TA Metrobank, London, WC18 SHA Shawbrook Bank, Br8ntwood, CM13 3BE Cambrldge & Countles Bank. LeFcester. LE16TE Page I Essex Dementia Care Stratezlc Report for the Year Ended 31° March 2025 Achlovoments and Porfornmnce The experience of dementia is very Indivldual and the provislon of one to 0￿ opportunities forpersonalised activibes Is much needed. So too, for many if not 811. are the cwortunities for these activities to tske place In a soclal context wh8re th8 individual is Unde￿I(￿)d not On￿ ty the staff but also by other m6mb&rs of the group. Client and farn1￿ reviews aThJ evaluations Indicate a hlgh level of satisfactlon wth the sepllces receiv8d. ACt￿lty Centre leaders are experienced activity provKlers WI￿ prepare sessions wlh imaginallon and senslbwty. Their leadershlp d￿Monstrate8 to stsff and volunteers our hlgh standards of dementla CA and tsrapeutlc support. Some dlents are happy to take aévantage of both types ofservi¢e and many attend more than one ActivEty Day Centre per week. Whichevgr sep11￿ they hav&, a wide vart8ty of actlvities wlll be arranged, both outdoor and indoors, d8P8nding on interests and abllilies. Where pos81ble memory compantons, who provide a One2one service. 8r6 linked to dients V￿th slmilar Interests. Acliwty Centr8 dients are assessad for thelr mobilty aThl sklll18v8ls and offered the most appropriate Session. Durlng 2023124 Essex Dementia Care was grfted £130k from the Edward GO￿ing Foundation for the estaNshmenl of an endowment fund, %thich is referred to as'The Edward Gostling Fun(r. For a period of 5 years thls fund may be used to prev8nt the resow of E58ex Dementia Care f811ing beneath 9 month8 operating ¢￿￿ts by transferring strfi¢ienl funds from th8 8ndowment furKI Into reserves. On the fifth anniversary. any remalnlng endowment funds m&y b8 u86d for 8ny purpos6 that fWI￿r d￿ritable objects of Essex Dementia Caro. Average a¢tsvity txntre oc¢upan¢y for the year Incr8as8d to 71% of our maxlm(Th occupancy 18vel for Every Day counts session8 wlth an average attendance of 11.3 clients. 08sls sesslons occupancy avèraged 370A wlth an average attendanc£ of 6.6 dlents. A total of 19.980 client hours (19,200 2023124) were delfvered during ts yaar at our day centros al 401 daily sessions. E8ch dally session is for 4.5 - 5 hours and includes a freshly cooked mldday meal. Th8 One20ne s6rvk* (x>nllnues to be well used and much appredated. Cllent One20ne hours dellvered rose slighty during tho financial year to 5.295 (5.1712023124) at an avèrage of 441 hours per month (431 2023124). Th8 charlty is very grateful to th8 dedlcatsd volunl8ers who assist tho Activity Centre staff and help lo pmwde empathy arKI encouragement to the dl8nls. They make It posslb16 for the CentreF to be run to a good standard of care and at an affordable fee. Inlemal and external factorn A review of any anllclpated chang8 In either law, licensing requirements, relevant financial fadors and sodal Ghange including staffing that rnay affect the operation of th8 charfty is considered al each Board maellngs. Procedures were completed early in the reporting poriod to ensure compfiance with the Gengral Data ProleGion Regulation5 introduced in 2018. Page 2 Essex Dementla Care Strateglc Report for the Year Ended 31K March 2025 Flnandal revlew Th• Tntstees gèner81 policy on resep488 is to a mlnlmum of g months operatlonal e08ts. At 31 M8rGh 2025. cash al bank of £392k (2024 £466k) held vmh Santander. Nationwide Building Sod8ty. Redwood bank, Metro bank. Virgin Money Plc, Shawbrook bank and Cambridge & Counties bank. Thi5 total represents only 8.3 months (2024 11.1 month6) of opgr8tlonal Ix)8ts. Mor8 specifically, It Is esllmated that £300k would be required in the event of closure of the charEty. Thls amourrt Is. therefore. .rirKj-fen￿d. to cover meetY¥ redundancy cost8, hlfe agreemonts ond assodated legal and accountancy expenses. The Yree. reseThes at 31 March 2025 are, therefore. less than £1Cllk. The budget for 2025126 ffinancial year is for grants and donations to be £97k18s8 Ihan Net inc0me1èxpendltu￿. whlch will undoubledty put further pressure on our resenrfes. Trustses aré éxtrèm6ty gr8téfiJl to the Edward Gostllng Foundatton. vtho gffied E88ex Den￿nI10 Care £130k in February 2024 ft)r the establishment of an endowment fund, vthich Is referred to as'The Ethward Gostling FurKI'. Thi5 fund runs for a period of 5 year5 and may be used to prevent the reserves Of Essex Dementia Care falling beneath 9 months operating Costs by transfening sufficient funds from the endowmènt fund Into reserves. At 31 March 2024 £83k of the £130k remalned in The Edward Go8tling Fund. Glven that cash rns8rv8s have dropp8d below 9 months operation81 costs at 31 March 2025, the rem8inirs £83k has been transféffed Into reserves. incipal fundlng 50urGes Inwme is chiefy gen8rated by the servicas F)rovided. However, the Charlty alms to keep the fees at an affordable level and on*oing fundraising is necessary both to malntsin a 88cure financA81 posftion and have resour¢o5 to plan for future dèvèlopmenL Local Authortty Gr8nts made the development of servlces possible inttialty and lurth6r fundlng has 6nabW us to develop our mLth needed dementia sgNC8s with confK19n¢e. Grants. signtficant donations from local bu￿neSseS and individu81 donalK)ns from f&nili8s 8nd other supporters have played an Important part in financirvJ the satvices. The Trustees are ￿ateful to the many grant awardirrtJ t>odiBS. and loGal organisalloM and indMdual8 have provided much needed funding during the financlal y8ar. Pay policy for senior staff is based on the b8lance beiween re￿gnISIng the commitsnent mado and respDnsibilitie5 they hold wtih the limited financial position of Ihe charity. COMPANY STATUS . Essex Dementia Care is a o)mpany limited by guwitee And there is Iherefore no share capltal. Small ¢ompanypro￿sIonS Thls report has been prepared in accordance *iih the small company's reglmè under the Companles Act 2006 Pa8e 3 Essex Dementia Care Strategic Report for the Year Ended 31 March 2025 Plan• for future poriods Aims and key obJ•ctlv•s for futUrn￿rtods Our clt8nt numbers, and th¢refrye our Iru)m• stréams. arè conÈtanty fl￿aling and11 15 ¢ru¢kl lo See the long twm picbjre for 8ustsinabdty. There Is the need, thwoftye, to ￿nstantlY monllor the cost of lh8 servkes offer&J 18 a comprehenslve 202&27 Essgx Dorn8ntia Care IEDC) Stralegk ￿an thlch irrfom15 d8GisioTrmakrng regardlng development and sustsinabilty. EDC has again invested qulle oJnsider8biy in m&kotlro éts serknes durir 24125 and this will curtinue to ￿ a priority focus In 25126 and bey￿. Actlvhlos Plann￿ to achlwo alms The SonioT Martager and the Care Manager attend events and 'sUp￿rt group5. or'(afes' to ralse awarer*ss and maintain links with other professi¢)nals and the Essex County Council Comm15sioning Servke. The EDC websit8 h88 b¢en ￿)rn￿et￿JY refreshed to maximise n*rketing impact and to womote In¢reased referrab. To m81ntaln 8 high qualty of servlce the Sentor Manager regulaty seeks 0PWrtuni￿e8 for staff tralnlTrJ over arKI above th8 mandatory certlficat6s ospeclally Ihosg for persOn￿Rntr9d demenJa caw. Seeking spectfKfunding forth15 has been Su￿8981uI ￿able9 thg traknlng to be malnlainod to a hlgh knvel. Staff pay reviews are carrled out ennualty. The Tw5teBs recogni5e a noed ID 8Cknth￿edg8 the commltment given by staff members and ffffllinue to eThsure that pay rates pre attractive and remaln compathlve In the market. Staff lurM¥er rem8ln$ extremety km. are very productlve wothng relatl0ngh1￿ withln EDG and In the external markeL Risk management The risk reglster18 rekwlaty presente(18t Bowd meetings. Pa8e 4 Essex Dementla Care Trustees Report Th8 Trustees, WI￿ are a150 directors of the charity for the purposes of the Comp8nies Act 2006. present their report with the financial statements of the d>8rity for the year ended 31* March 2025. The TNste68 have adopted the provisions of the Statement of Recommended Practi￿ (SORP) 'AccountlrKJ and eporting by Charitie8' (Effective from 1 January 2019). Essex Dementia Care is a ¢harfty establishèd as a response to the expressed OCCU￿b)nal néeds of peop18 with dementia in Essex. There is 8 wealth of intemational academlc evldence for the essential rolè of Meanin￿Ul actlvlty in Greating and malntalning good heath and w811-being for everyonè. It is Essex Demerrtia Care's chief wrpose to provide th1$ tor families where dementia is present in an environment wher8 the provlslon of ￿rSOnalised. therapeutbc occupation from other source618 limlled. OBJECTIVES AND ACTMTIES Alms The aim of Essex Damentia Care 18 to contribuie to the health and well-belng off8mllles In Essex who are Ilving with dementia and to contrlbule lo the vAder communty Involvement In thè dementia agenda. Our goal is to help as many peopl8 as possible. Objeetlm, •lrntsgMs •nd acdvlll•s Objectlves These aim8 are athieved through: 1. The provision of therapeutic actlvltles to people wfth dem8ntla and such direct care as is deemgj to b• relevant part of tlw acttvities 2. The provision of r8$pite, support and infomation to family and Infomal carers. 3, Working with other independenl, privats and voluntsry groups Io Ffomot8 thé access and availabilty ol specialisf servlces that support pwle IMrKJ Ivlth d8mentFa as well as their families arKI caror5. 4. R8i5iNJ public awareness of the nature of dementia and gf quality dementia care. How th18 is achieved The Care Manager re8wnds lo requests for services by making a home visit and assessing tha dients, o¢cupational profil8s and c*re needs. A person81 care program Is dgv8loped and monitor&4 over Ime. Our carefijlly recrutted and trained Practition￿5 lacilitats a¢tMtles that *fjll ￿flec* the Indivldual's d)oice and interests within their ¢JJrrent cap8bifities. Se￿￿tee￿ Is enhanced and an interest in living. within the Ilmltations resulting from dernentia, generated. Th8 Practitioner becornes the friend who enables th8se 8ctiviti8s to take pi8ce. To h8lp m8lntain thls o)nfidence considerable effort is made to reduce to an 8b801ute mlnimum in thos8 Practitioners allocated to attend any orn dlent The clienf8 famlty pkys an active roh In the Care Planning PrO￿8S and their needs for 8(V[￿rt. Informa￿n and respits are recognlsed In the declsion maklng. Link£ with other professlonal bodies. voluntary $8Ctor groups or other Interested organisats'ons provide opportunrties for rai51ng awareness of both the need and opportunitre8 for good dement&q care in the o)mmunity arKI a180 beGome th8 Spri￿board for fundraising events. Page S Essex Dementia Care Trustees Report Publlc bendlt The Trustees can confffrn that have pakl (kte regard to the guiden(% of Chadty Commlsslon Trn relation to publlc benefit. Structure, gov•manc• and management Naturn ofgoverning documenl The govemiro document 18 the organisation's Memorandum and ￿￿CleS ofAssociation dated 9 February 21)09. 8s amended by spe081 resolutions dated 26 M8rd12009 and 30 October 2024. Recruilment and apwntfftent of Trustees The 8ppoinlment of Trustees Is by havlng regard to the job descriptk)n ar￿ p8r8on Specifiration and by interwew of interestsd parties. Indu¢tlon and tralnlng of truste•s Vvhen intèrést In be¢omlng a Trustee is shown there will be a perl￿ of obsetving at rn88ting8 b8fore further comrnitment on either srde is made. Organisatlonal strudure The organisation is govem8d by 8 Board of Trustees. Thè day to day running and strategic Input Is provided by the Senlor Manager, Kelly Bleasdale, who ts supported by the Care Manager, a 58MC* coordinator and a part-tim8 Marketing Assistsnt to a5SlSt pushing our marketing strategy. Related Parths There are no related or connectsd charities. Rlsks and man•genwnl ofthoso risk8 Inveslment activlty VAII not b8 undertaken by the Charity at the present time. Page 6 E55ex Dementla Care Trustees Report staten￿nt ￿ Trustees Responslbllltl•s The Trustees (who are also directors of Essex Dementia Care for the purposes of company law) are responsib￿ for preparing the trustees, report and th8 financial ststements in accordance wlth the United Kingdom Accounting Stsndards (United Kingdom Generally Accepted A