**Company Registration No. 07228424 (England and Wales)** # **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED UNAUDITED ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021** ## **PLANT & CO LIMITED** Chartered Accountants 17 Lichfield Street Stone Staffordshire ST15 8NA **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **COMPANY INFORMATION** ## **Directors** Mrs. D Sharp Mr. R Sharp Mr. D Godden Mr. M Creek Mr. D Degg ## **Company number** 07228424 **Registered office** 3 Hartwell Grove Stafford Staffordshire UK ST16 1RW ## **Accountants** Plant & Co Limited 17 Lichfield Street Stone Staffordshire ST15 8NA ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **CONTENTS** ||**Page**| |---|---| |Directors' report|1 - 2| |Accountants' report|3| |Statement of income and retained earnings|4| |Statement of financial position|5 - 6| |Notes to the financial statements|7 - 9| ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **DIRECTORS' REPORT** ## _**FOR THE YEAR ENDED 30 APRIL 2021**_ The directors present their annual report and financial statements for the year ended 30 April 2021. ## **Principal activities** MASE, Monthly Alzheimer's Support Evening, is an independent charity working to support people affected by Alzheimer's/Dementia and their Carers. The MASE has developed a service that is really popular, which is evidenced by the increasing numbers attending the four Groups. There are no paid personnel in the MASE; a loyal team of 35 Volunteers, which includes the 5 Trustees, run four MASE Groups. Stafford Group closed after the lockdown because we did not have enough volunteers to ensure we could run the group safely. Many of the Stafford Carers and their cared for have transferred to the Haughton Group. MASE also provides transport for Carers and their cared for to attend. We have four new volunteers from The Staffordshire University Academy in Hednesford. They have become part of our team at the Hednesford Group and have been a huge success with our Carers and their cared for. To ensure there were sufficient funds for the Groups to re-open when the time was right, Trustees continued to fundraise during Covid-19. The Charity does not receive any core-funding and is now heading into its thirteenth year; an achievement all Trustees/Volunteers are incredibly proud of. Trustees were delighted to learn that the Mid Counties Co-operative would be continuing to Partner the MASE until the end of 2022. The support from the Mid Counties Co-operative has been invaluable to the MASE Groups over the last few years and we send our sincere thanks to everyone at the stores and the offices who have been involved with MASE over the years. Links continue with professional agencies, such as Alzheimer’s Research, The Alzheimer’s Society, Dementia UK, and Age UK. As the popularity of the MASE increases Care Homes, Care Agencies, and Universities dealing with Health & Social Care invite us to make presentations to their new recruits, so that they too can promote the work we do. Our Carers are also willing to assist with questionnaires/surveys that Universities are undertaking. Visits from professional organisations to the Groups have become sparce. However we have a Legal Advisor present at each group and occasionally representation from The Alzheimer’s Society who attend to offer advice and support to Carers. St John’s/First Responders are always present at each of the Groups. During Lockdown MASE delivered over 5,000 ‘Meals on Wheels’ to our more vulnerable families. Sincere thanks go to our resident MASE Caterer and also Hindles Butcher in Stafford, who prepared the meals for delivery each Friday. These were collected and delivered by the Trustees in sealed packs of three meals per person, to Carers and their cared for in Cannock, Stafford, Hednesford and Rugeley. We were delighted to re-launch our four MASE Groups in July 2021. Anti-Virus equipment was purchased and all safeguarding measures put firmly in place before opening. The groups were received with great enthusiasm by Carers and their cared for. The isolation they have all faced during the Pandemic has been cruel and in some cases extremely difficult for Carers when trying to explain to their loved one with dementia that they could not go out, and that there could be no visitors to their homes. The Five Trustees of the MASE Group ensure the MASE Carers and their cared for are a priority and do all we can to keep the channels of communication open and ensure that we do all we can to keep our people safe. Since the MASE re-started the monthly Newsletter is handed out to Carers at each Group, which saves us an incredible amount on postage. However, there are a few people who have requested a MASE Newsletter by mail, if they are still unable to attend the groups. We have seen an increase in new Carers and their cared for since re-opening the MASE. Many people will phone initially to ask about the Groups. Most of them, then do come along to the groups. If people struggle to get into the MASE we will arrange for reputable taxi’s and other transport to bring them in and take them home safely. - 1 - ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **DIRECTORS' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2021**_ ## **Directors** The directors who held office during the year and up to the date of signature of the financial statements were as follows: Mrs. D Sharp Mr. R Sharp Mr. D Godden Mr. M Creek Mr. D Degg ## **Small companies exemption** This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. On behalf of the board Mrs. D Sharp Mr. R Sharp **Director Director** Mr. D Godden **Director** Mr. M Creek **Director** Mr. D Degg **Director** 23 February 2022 - 2 - ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED FOR THE YEAR ENDED 30 APRIL 2021** In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Monthly Alzheimer’s Support Evening Limited for the year ended 30 April 2021 which comprise the statement of income and retained earnings, the statement of financial position and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/ members/regulations-standards-and-guidance . This report is made solely to the Board of Directors of Monthly Alzheimer’s Support Evening Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Monthly Alzheimer’s Support Evening Limited and state those matters that we have agreed to state to the Board of Directors of Monthly Alzheimer’s Support Evening Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Monthly Alzheimer’s Support Evening Limited and its Board of Directors as a body, for our work or for this report. It is your duty to ensure that Monthly Alzheimer’s Support Evening Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of Monthly Alzheimer’s Support Evening Limited. You consider that Monthly Alzheimer’s Support Evening Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Monthly Alzheimer’s Support Evening Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. ## **Plant & Co Limited** 23 February 2022 ## **Chartered Accountants** 17 Lichfield Street Stone Staffordshire ST15 8NA - 3 - ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **STATEMENT OF INCOME AND RETAINED EARNINGS** ## _**FOR THE YEAR ENDED 30 APRIL 2021**_ ||**2021**|**2020**| |---|---|---| ||**£**|**£**| |**Gross surplus**|49,235|66,461| |Administrative expenses|(46,271)|(65,219)| |**Surplus before taxation**|2,964|1,242| |Tax on surplus|-|-| |**Surplus for the financial year**|2,964|1,242| |Retained earnings brought forward|57,525|56,283| |Retained earnings carried forward|60,489|57,525| - 4 - ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **STATEMENT OF FINANCIAL POSITION** ## _**AS AT 30 APRIL 2021**_ |**Notes**
**Fixed assets**
Tangible assets
**3**
**Current assets**
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**Net current assets**
**Net assets**
**Reserves**
Income and expenditure account
**Members' funds**|**2021**
**£**
99
56,453
56,552
(900)|**£**
4,837
55,652
60,489
60,489
60,489|**2020**
**£**
99
52,319
52,418
(900)|**£**
6,007
51,518
57,525
57,525
57,525| |---|---|---|---|---| In accordance with section 444 of the Companies Act 2006 all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (S.I. 2008/409)(b). For the financial year ended 30 April 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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. T he 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. - 5 - ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **STATEMENT OF FINANCIAL POSITION (CONTINUED)** _**AS AT 30 APRIL 2021**_ The financial statements were approved by the board of directors and authorised for issue on 23 February 2022 and are signed on its behalf by: Mrs. D Sharp Mr. R Sharp **Director Director** Mr. D Godden Mr. M Creek **Director Director** Mr. D Degg **Director Company Registration No. 07228424** - 6 - **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2021**_ ## **1 Accounting policies** ## **Company information** Monthly Alzheimer’s Support Evening Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 3 Hartwell Grove, Stafford, Staffordshire, UK, ST16 1RW. ## **1.1 Accounting convention** These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling , which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Income and expenditure** Income and expenses are included in the financial statements as they become receivable or due. Expenses include VAT where applicable as the company cannot reclaim it. ## **1.3 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: Equipment 15% reducing balance Motor vehicles 25% reducing balance 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 credited or charged to surplus or deficit . ## **1.4 Impairment of fixed assets** At each reporting period end date, the company 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). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. - 7 - **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2021**_ ## **1 Accounting policies** ## **(Continued)** Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase. ## **1.5 Cash and cash equivalents** Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.6 Financial instruments** The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Classification of financial liabilities**_ Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## **1.7 Taxation** The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit. - 8 - ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2021**_ ## **2 Employees** The average monthly number of persons (including directors) employed by the company during the year was: |||**2021**|**2020**| |---|---|---|---| |||**Number**|**Number**| ||Total|-|-| |**3**|**Tangible fixed assets**||| ||||**Total**| ||||**£**| ||**Cost**||| ||At 1 May 2020||11,277| ||Additions||280| ||At 30 April 2021||11,557| ||**Depreciation and impairment**||| ||At 1 May 2020||5,270| ||Depreciation charged in the year||1,450| ||At 30 April 2021||6,720| ||**Carrying amount**||| ||At 30 April 2021||4,837| ||At 30 April 2020||6,007| ## **4 Members' liability** The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1. ## **5 Related party transactions** No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102. - 9 - # **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** # **MANAGEMENT INFORMATION** **FOR THE YEAR ENDED 30 APRIL 2021** ## **MONTHLY ALZHEIMER’S SUPPORT EVENING LIMITED** ## **DETAILED TRADING AND INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 30 APRIL 2021**_ |**Income**
Donations
**Administrative expenses**
Catering
Travelling expenses
Administrative fees
Accountancy
Insurance and room hire
Printing and stationery
Advertising
Equipment and table consumables
Entertaining
Raffle prizes
Postage, telephone and training
Depreciation
**Operating surplus**|**2021**
**£**
**£**
49,235
23,079
2,979
4,800
1,002
361
2,105
1,424
718
-
349
8,004
1,450
(46,271)
2,964|**2020**
**£**
**£**
66,461
17,363
5,930
4,800
476
6,057
2,994
6,176
1,939
5,625
2,029
9,975
1,855
(65,219)
1,242| |---|---|---|