Company No: 06814962 Registered Charity Number: 1133484
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
COUNCIL OF MANAGEMENT AND TRUSTEES REPORT AND ACCOUNTS
For the Year ended 30th June 2025
·,
Et Voila Accountancy Services Limited Accountants and Charity Independent Examiners Isis House, Smith Road, Wednesbury West Midlands, WS10 0PB
Company No: 06814962
| BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL | |
|---|---|
| (BUDS) | |
| ANNUAL REPORT AND ACCOUNTS | |
| For the year ended 30th June 2025 | |
| Contents | |
| Page | |
| Annual Report of Management Board | 1 |
| Independent Examiners Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes forming part of the financial statement | 8 to 12 |
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
REPORT OF THE TRUSTEES For the Year Ended 30 June 2025
Chair of Trustees’ Report
It is my pleasure to present the Chair’s Report on behalf of the Board of Trustees for the year ended 30[th] June 2025.
Purpose and Activities
RRRRRRRR The charity’s objects are to:
Support for persons diagnosed with dementia living in the area of benefit and their carers to enable them to remain living in their own homes, including but not limited to: The provision of advice and information for carers and the general public. The provision of relevant support services and training for the person diagnosed with Dementia, their carers and medical, and other staff who help them.
The area of benefit is the West Midlands particularly the borough of Sandwell. In line with these, our principal activities during the year were:
Referrals to Better Understanding of Dementia for Sandwell (BUDS) are regular and with collaboration with others such as the Community Dementia Service people with Dementia their families, and their carers are navigated by a Dementia Navigator accordingly to the correct service provider in accordance with the persons with Dementia needs and journey. This has been a beneficial collaboration to clients, their families, and their carers.
Staff continue to promote BUDS and ensure that BUDS are involved with every opportunity available in Sandwell. This has involved collaborating with other organisations and working on various other projects together.
BUDS has delivered activity sessions for persons with Dementia in this financial reporting period from Barlow Community Hall in Sandwell. The activity sessions that are provided are well received by clients with fantastic feedback from families and carers.
The trustees confirm they have had due regard to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
Achievements and Performance
This reporting years BUDS has seen a steady stream of referrals. The activity sessions have been successful in that they continue to provide activities and support to those persons diagnosed with dementia.
All staff work extremely well and are a fantastic team, each dedicated to the clients and their work with them. Each activity session is tailored around the client’s needs. Throughout each session clients are continually encouraged to participate mentally and physically. BUDS will continue to collaborate with other organisations to provide Dementia services and will continue to promote Dementia services throughout Sandwell.
Governance and Management
The charity is governed by a memorandum and articles of association. The Board of Trustees has overall responsibility for strategic direction, compliance, and financial oversight. Day-today management is delegated to Sharon Crowley and Claire Mahmood under trustee supervision.
Trustees have reviewed key policies during the year, including safeguarding, health and
safety, and financial controls. The Board has met seven times during the reporting year.
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BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
REPORT OF THE TRUSTEES For the Year Ended 30 June 2025
The Year Ahead
BUDS will continue to fundraise and promote its services.
BUDS will slowly continue to grow its services and groups to meet the needs of demand. The Trustees are positive that BUDS will be recognised as a friendly worthwhile organisation.
BUDS have many events planned for the coming year.
Acknowledgements
The Trustees can count on the staff to provide an outstanding service. Thank you for your ongoing hard work and dedication to the services.
Donald Payne and Claire Mahmood have worked together to achieve funding to help BUDS provide activities and events throughout this financial year and the Trustees thank them for your remarkable achievements.
Sharon Crowley and Claire Mahmood continue to promote BUDS and ensure that the service runs smoothly. Their hard work and dedication do not go unnoticed, and the Trustees thank you for all that you both do.
The Trustees wish to thank the staff, volunteers, funders, and supporters whose commitment and contributions have enabled the charity to continue its work.
I would like to thank the Trustees for their continued time, support, and assistance to me and to BUDS services. Your regular attendance at our Trustees Meetings and contact with me and managers via email is appreciated. I am grateful for everything that you do, and the time that you donate to BUDS.
Kay Shilton Chairperson —_
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BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
REPORT OF THE TRUSTEES For the Year Ended 30 June 2025
DONATIONS AND GRANTS
The following companies and trusts gave grants to BUDS during the financial year 2024/2025:-
Lloyds Bank Foundation £500 Cole Trust £2,500 The Eveson Trust £25,000 Anonymous £5,000 Harborne Parish Lands Charity £7,107.00 Heart of England Birmingham and Black Country Community Fund £3,000 George Henry Collins Trust Souter Charity Trust £2,000 Skipton building Society Charitable Foundation £1,388.00 SVCO Vision 2030 Healthy Lifestyles Grant £5,000 SCVO Vision 2030 The Big Lunch £500 Roger Douglas Trust SC & ME Moreland Charitable Trust £500 Shakespeare Martineau Tipton and Coseley Charitable Foundation £700 Anonymous £3,000 The Lillie C Johnson Trust £500 The Sir John Sumners Trust £250 W A Cadbury Trust £2,000 Grimmitt Trust £3,000 W.E.D Trust £1,000 The Co-op Community Fund £500 Metal Closures Welfare Fund £16,500.00 George and Thomas Henry Salter Trust £750.00 Charles Hayward Foundation £5,000 Birmingham District Nursing Fund (Shakespeare Martin) £3,000 Masonic Charitable Foundation Trust £5,000 Sandwell Metropolitan Borough Council £2,500 The McCarthy Stone Foundation £7,107.00 The Harry Payne Fund £2,000 The Roger and Dounglas Turner Charitable Trust £5,000
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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
I report on the accounts for the year ended 30 June 2025 set out on pages seven to twelve
Respective responsibilities of trustees and examiner
The charity's trustees (who are the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income exceed £250,000 and I am qualified to undertake the examination by being a qualified member of CIMA
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act) and
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to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below.
Independent Examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006 and
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to prepare the accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principals of the statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sally J Wainwright ACMA
ET Voila Accountancy Services Ltd, Isis Business Centre, Smith Road, Wednesbury, WS10 0PB
12th August 2025
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Voluntary Income Activities for generating funds Investment Income Incoming Resources from charitable activities Income Directly Allocated to Activities Total incoming resources RESOURCES EXPENDED Charitable Activities Costs Directly Allocated to Activities NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 £ Unrestricted Funds 124,612 20,186 107,557 252,355 227,585 27,927 169,657 197,584 |
2024 £ Unrestricted Funds 103,189 3,019 4,252 85,338 195,798 256,627 60,829 ) ( 230,486 169,657 |
|---|---|---|
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
| Tangible Assets Debtors Cash at bank and in hand Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted funds TOTAL FUNDS CREDITORS BALANCE SHEET AT 30 JUNE 2025 FIXED ASSETS CURRENT ASSETS |
2025 £ 81,028 4,282 140,657 144,939 28,383 ) 116,556 197,584 - 197,584 197,584 |
2024 £ 15,647 684 158,061 |
|
|---|---|---|---|
| ( | 158,745 4,735 ) ( |
||
| 154,010 | |||
| 169,657 | |||
| 169,657 | |||
| 169,657 |
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
BALANCE SHEET AT 30 JUNE 2025
The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for:-
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board of Trustees on 12th August 2025 and were signed on its behalf by:-
Chair Kay Shilton
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
1 ACCOUNTING POLICIES
Accounting Convention
The financial Statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities
Incoming resources
All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
25% Reducing Balance
Taxation
The charity is exempt from corporation tax on it's charitable activities
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees
Restricted funds can only be used for particular restricted purposes within the object of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
2 ACTIVITIES FOR GENERATING FUNDS
| Fundraising Income Other Income 3 NET INCOMING / (OUTGOING) RESOURCES Net resources are stated after charging/(crediting): Depreciation - owned assets |
2025 £ 20,186 20,186 2025 £ 5,000 5,000 |
2024 £ 3,019 |
|---|---|---|
| 3,019 | ||
| 2024 £ 9,272 |
||
| 9,272 |
Also note there was £51,053 written back of Depreciation due to the unexpected high proceeds from disposal of previous mini buses
4 TRUSTEES REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024
Trustee's expenses
Nil for year end 30 June 2024 or June 2025
| 2025 £ STAFF COSTS Wages and salaries 194,590 The average monthly number of employees during the year was as follows: 2025 No employees received emoluments in excess of £40,000 10 |
2024 £ |
|---|---|
| 174,185 | |
| 2024 10 |
5 STAFF COSTS
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
Plant and machinery etc. £
| £ | |
|---|---|
| 6 TANGIBLE FIXED ASSETS COST At 1 July 2024 Disposals Depreciation on Disposals Additions DEPRECIATION At 1 July 2024 Depreciation on Disposals Charge for year As at 30 June 2025 NET BOOK VALUE At 30 June 2024 At 30 June 2025 7 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Fees owing 4,282 4,282 8 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ PAYE 3,049 Pensions 873 Accruals 24,461 28,383 9 MOVEMENT IN FUNDS Net Movement At 1.7.24 in funds Unrestricted Funds £ £ |
107,940 66,700 ) ( 41,240 ) ( 86,028 |
| 86,028 92,293 92,293 ) ( 5,000 ) ( |
|
| - | |
| 15,647 | |
| 81,028 | |
| 2024 £ 684 |
|
| 684 | |
| 2024 £ 3,071 1,203 461 |
|
| 4,735 | |
| At 30.6.25 £ |
Unrestricted Funds
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Compa ny No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| FOR THE | YEAR ENDED 30 JUNE 2025 | |
|---|---|---|
| General Funds TOTAL FUNDS |
169,657 27,927 169,657 27,927 |
197,584 |
| 197,584 |
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Company No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
INCOMING RESOURCES
| Voluntary Income Sandwell MBC Trust/ Company Donations Minibus donations Voluntary Income Legacy/ Funeral Donations Activities for generating funds Fundraising Income Other Income Investment Income Interest Received Incoming Resources from Charitable Activities Buds Clubs Total Incoming Resources |
2025 2024 £ £ 7,500 15,000 107,638 70,353 4,109 10,945 3,415 6,166 1,950 725 124,612 103,189 20,186 3,019 20,186 3,019 3,157 4,252 107,557 85,338 255,512 195,798 |
|---|---|
RESOURCES EXPENDED
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Company No: 06814962
BETTER UNDERSTANDING OF DEMENTIA FOR SANDWELL (BUDS)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| Charitable Activities Wages and Salaries Administration 0 Befriending Costs Sundries Rent and Room Hire Club Meals Profit on Disposal of Mini Buses after Depreciation Club Transport Support Costs Management Wages Other Premises Costs Marketing Staffing & Volunteer Costs Legal & Professional Fees Fund Raising Costs Total resources expended Net Income / (defecit) |
2025 £ 135,921 14,974 40 2,012 8,722 51,053 ) ( 16,721 127,337 58,669 33,332 283 1,399 4,992 1,573 41,579 227,585 27,927 |
2024 £ 116,446 19,652 330 5,377 1,135 16,038 11,865 |
|---|---|---|
| 170,843 57,739 19,983 185 650 4,490 2,737 |
||
| 28,045 | ||
| 256,627 | ||
| 60,829 ) ( |
Transport costs are high due to depreciation of £5,000 (2025) and £5,216 (2024) of 2 mini buses
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