Charfty registration number 1143867 Company registration number 07687060 (England and Wales) ALZHEIMERS DEMENTIA SUPPORT {A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr D D P Jannetta Mr J P MacFarlane Mr D M Coppinger Mr F Knowles Secretary Mr D D P Jannetta Charity number 1143867 Company number 07687C60 Prlncipal address 38 Queen Street MAIDENHEAD SL61HZ Reglstsred office clo Craufurd Hale Group Ground Floor, Arena Court Crown Lane MAIDENHEAD SL6 8QZ
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Trustees, report Independent examiner's report Statement of financial activities Balan sheet Notes to the financial statements 9-21
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their report and financial statements for the year ended 31 August 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 of the financial ststements and comply with the 'ADS' governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finanual Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Custodlan Thistee 'ADS' does not act as custodian, and it does not own any land or buildings. Publlc benefit ststement The trustees consider that the objectives of 'ADS' meet the tests for the public benefft. In exercising their powers and duties, the trustees have complied with their duty to have due regard to the relevant guidance, published by the charity commission. ObJectlv•s and activities 'ADS' objectives are: To support, inform and comfort people living with Dementia, their carers and families in the local community, Raise sufficient Income to support activities, including - operating a retail shop, collection tins in many locations and at social events, targeted fundraising events, raffles, seeking grants from NGOS and other public bodies, charitsble donations, legacies and bequests. 'ADS' volunteers (including all Trustees) support the charity and we continue to seek and encourage more to join us. We provide respect and gratitude for their service and, by only utilising the time they freely offer us, we hope to retain them. Voluntary work offered by the community continually reinfOrS our ethical message and builds confidence in our work. 'ADS' strictly applies safe working practices, mindful of all current legislation. As a charty, consistently consult our membership to ensure th8t our seNices remain appropriate to their needs. 'ADS' offers vitsl guidance, infomation, assistance, support, companionship, advocacy, signposting, physical and psychological stimulation, entertainment, enjoyment, and close friendships in relaxed surroundings. Our extensive range of services include 'singing for pleasure,, 'seated exercises,, 'moves and grooves,, 'multi-lingual services,, 'out and about,, 'mates with plates,, 'connection cafes,, 'lun¢h Clubs,, 'virtual services,, a 'Dementia information hub,, weekends away and a range of ad-hoc social events. Our 'ADS' Annual Santa Fun Run remains a popular and joyful event which helps to raise much needed funds. Additional services included in this financial year.. An online Salesforce digital plafform project, to facilitate improved data capture and security and ease use of our 'ADS' website. (Completed). Training packages created - to increase awareness of Dementia to more sections of the community (available to hire). Our partnership with Berkshire College of Agriculture (BCA) continues to develop and has proved to be very successful. The number of serVIS being delivered there have increased and they are all well attended. We are striving to re-introduce Singing sessions to assist people with Dementia residing in local hospitals (subject to funding confirmation). The well attended Dementia Information Hub, introduced last year, is now held in Maidenhead, montNy. Guest speakers and health specialists inform and discuss the subject of Dementia in an engaging way with a reptIVe audience.
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 actively communicate and reach potential new members in need of our support through", our website, newsletters, social media, leaflets in GP surgeries. pharmacies, dinics, and public places to ensure our message remains visible. We consult our members when introducing new services and activities to ensure their needs are appropriately met. The trustees pay due regard to guidance issued by the Charity Commission in formulating and deciding those activities 'ADS' should undertake. Achievements and financial review 2023124 has seen the UK continue to be affected by an increase in funding pressures as a response to the more generalised financial crisis. However, our priority remains to provide a wide range of 'group' services delivering vital support for our members. Unfortunately. our 'ADS' shop returned a reduced year-on-year performance due to difficult retail trading conditions. Collections from tins also remains difficult, as fewer people use cash nowadays. Our inability to raise money via normal processes and the added challenge of receiving no financial support from Local Authorities, means we continued to rely on reserves to remain fully operational. Vlfithout these reserves 'ADS' would have teen unable to deliver its services or develop new ones during these difficult times. Fortunately 'ADS' has consistently adhered to an ethos of prudence, however increasing income is critical to ensure longevity. Our strictly applied policies permitted us to maintain our staff salary levels at market values for the year 2023124. This would have been impossible were it not for our careful financial Controls over the years, testifying to the Importan of continuing this practice. Our total incorne was £290,171 compared to £241,030 for the year ended 31 August 2023, which although improved over 2023, is still below the income achieved in 2022 of £323,779. We have introduced a greater tightening of costs and benefftted from an income of £8,813 coming from a maturing term investment contributing to the increase. However, reduced income from grants and legacies refiects the financial challenges imposed upon us. Our fund balance sheet, as of 31st August 2024, identrfies cash 'at bank, of £102,873 (2022123: £179,956) which allowed 'ADS' to meet its aims and objectives. Our reserves of £233,434 (2022123: £342,074) refiect the challenges faced. We will continue our strenuous work to reverse this negative trend ensuring a retum to sustsinability during the year ahead. Vve are extremely grateful for those contributions received from our many donors. which we utilise in full to provide the service5 we deliver. We will continue to actively seek grants and donations to assist us to fund expenditure. Future developments Those financial pressures levied on our Charity required us to rethink our approach. necessitating a restructure to incorporate a Director of Funding, however this adaptation has taken time to achieve. There are many challenges to overcome, with fundraising being an absolute priority as access to funds permits the continuation of premium quality services delivered to our members. In addition, we will be required to absorb the financial burdens being placed upon the charity. These include a rise in Nl contributions and an increase to the minimum wage which comes into effect during the forthcoming year. Our aims and objectives remain firm that we will use every opportunty to gain access to sufficient funds through grants, events, raffles, social media etc.. to properly protect and deliver our range of services to the membership in the year(s) ahead. Idve have increased trading from our 'ADS' Charity shop from 6- 7 days per week, which we anticipate will improve income and more than cover the increased cost.
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Our 'ADS' 2023 Annual Santa Fun Run was very successful, and we will deliver this fun day again in November 2024. This event has been a vital lifeline as it provides members with a rare opportunity to enjoy a much needed 'Fun' day out. We will consider holding additional 'ADS' events at different times of the year. resources permitting. We continue to broaden our appeal to more sections of the community, increasing the number of peoFle we support. We are always exploring and devising new ways to assist our members, utlising all platforms available to us,. building on lessons leamt. Partner agencies continue to support our charity, knowing that we respond appropriately and deliver the highest standards of service. We will continue to foster these relationships. Buslnèss Rlsk Policy Our risk assessment policy is robust and recognises the need to protect 'ADS' and its members. The trustees consider all known risks which might affect the business and take appropriate steps and actions to mitigate them. Internal controls are in place to reduce the likelihood of loss through fraud or misuse of funds. Management accounts, book-keeping, payroll and pension processing are outsourced to Craufurd Hale LLP. We believe our operational structure, headed up by Nysa Harris, provides stability. We are working towards achieving an effective succession planning program. We have an efficient system of back-up controls in place to mitigate exposure to ISIITIAI risks. Reserves Policy 'ADS' operates responsibly retaining sufficient funds to provide sustainability ensuring outgoings reflect income. Providing confidence in the community that we will fully utilise our resources to deliver the highest possible standards of seNice. structurei governance and management The Charity is a company limited by guarantee in accordance with its memorandum and articles of association. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. Mr D D P Jannetta Mr J P MacFarfane Mr P T Cooper Mr D M Coppinger Mr F Knowles (Resigned 30 June 2024) The articles of association require that there are at least three Members at all times. Potential Members are appointed by Trustees on the basis of their application form and their experience and the Trustees have absolLrte discretion in whether or not to accept and application for Membership. Natural persons must be 16 or over to become Members. There is no restriction to the length of the Trustee appointment, assuming they conbnue to fulfil their specified areas of responsibility in accordan with the Charity's, constitution. None of the Members have any beneficial interest in the Company. All of the Trustees are Members of the Company and guarantee to contribute £1 in the event of a winding up. Each such Member remains liable for their guarantee for one year after they 8$e to be a Member, for liabilities incurred while they were a Member. The Charity is managed by its Board of Trustees, who meet regularly and who decide on policy. Da*to-day operational matters are managed by David Jannetta under delegated authority from the Trustees.
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Induction training is provided for all new Trustees. Ongoing training is available as required. Trustees are encouraged to attend appropriate external training events, seminars, workshops and be briefed on and discuss topical matters to assist them in the understanding and perfomance of their role. Statement of trustees, re$ponslbllltles The Trustees, who are also the directors of Alzheimers Dementia Support for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial ststements, the Trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Stsndards have been followed, subject to any material departures disdosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping sdequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees. r asap roved by t e Board of Trustee5. Mr D D P Jannett Trustee
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALZHEIMERS DEMENTIA SUPPORT I report to the Trustees on my examination of the financial statements of Alzheimers Dementia SupFort (the Charity) for the year ended 31 August 2024. Responslbllltles and basls 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 Charitls 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 examlner's ststement Since the Charity's gross income exceeded £250,000 your examiner must be a mernber of a body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am 8 member of ICAEW, which is one of the listed bodies. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act,. or the financial statements do not accord with those records,. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other th8n any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination- or the financial statements have not been prepared in accordan with the methods and principles of the statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in Sccordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems 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 rea hed. P8uI Fagan FCCA for Craufurd Hale Audit Services Limited CIO Craufurd Hale Group Ground Floor, Arena Court Crown Lane MAIDENHEAD SL6 8QZ Dated. Q.?/.IRJ.7VW
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted Restricted funds funds Total 2024 Total 2023 Notes Income from: Donations and legacies Other trading activities Investments 63,913 198.667 8,813 18,778 82.691 198,667 8,813 75,124 165,905 Total Income 271,393 18,778 290,171 241,029 Raising funds Charitable activities 136,041 244,324 136,041 262,770 90,407 311,343 18,448 Total resources expended 380.365 18,446 398.811 401.750 Net lexpenditurevincome for the yearl Net movement in funds (108.972) 332 (108,640) (160,721) Fund balances at 1 September 2023 308,160 33,914 342,074 502,795 Fund balances at 31 August 2024 199,188 34,246 233,434 342,074 The statement of financial activities includes all gains and losses recognised in the year. The ststement 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.
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAT31 AUGUST2024 2024 2023 Not8s Fix8d assets Intangible assets Tangible assets Investments 15 16 17 3,332 155 13,328 467 150,000 3,487 163,795 Current assets Debtors Investments Cash at bank and in hand 18 19 13,553 125,196 102,873 12,752 179,956 241,622 192,708 Credltors: amounts falling due within one year 20 (11,675) (14,429) Net current assets 229,947 178,279 Total assets less current liabilities 233,434 342,074 The funds of the Charlty Restricted income funds Unrestricted funds 21 34,246 199,188 33,914 308,160 233,434 342,074 The notes on pages 9 to 21 form part of these financial statements.
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET (CONTINUED) ASAT31 AUGUST2024 The company is entitled to the exemption from the audit requirement contsined in section 477 of the Companies Act 2006, for the year ended 31 August 2024. The Trustees acknovAedge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otheise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordan with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small comp nies regime. The financia tat ents ro by the Trustees on ..... rDDPJ Trustee etta Company registration number 07687060 (England and V*lales)
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting pollcles Charity infomiation Alzheimers Dementia Support is a private company limited by guarantee and has no share capital. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per Member of the Charity. The Charty is registered in England and Wales. The registered Offi is clo Craufurd Hale Group. Ground Floor, Arena Court. Crown Lane, MAIDENHEAD, SL6 8QZ. The accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year. 1.1 Accountlng convention The financial statements have been prepared in accordance with the Charty's goveming document, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetsry amounts in these financial statements are rounded to the nearest £. Alzheimers Dementia Support meets the definition of a public benefit entty under FRS 102. 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 resour$ to continue in operational existence for the next 12 months from the date of signing these financial ststements. Thus the Trustees continue to adopt the going concem 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 ststements. 1.4 Incomlng resources Income is recognised when the Charty is legally entitled to rt after any performance conditions hade been met, the amounts can be measured reliably, and it is probable that income will be Ceived. Cash donations are recogni5ed on reipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax reVerable in relation to donations reiVed under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or othepwise if the Charity has been notified of an impending distribution. the amount is known, and receipt is expected. If the amount is unknown the details of the legacy are disclosed and it is treated as a contingent asset until the criteria for income recognition are met.
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting pollcies (Continued) The charity receives assistance in the form of donated goods and services. Donated goods are not recognised as income as disclosed in note 1.8. The Charity also beneffts from the services of a number of volunteers who give their time freely. In accordance with the Charities SORP FRS 102. general volunteer time is not recognised. Other trading activities and other income are measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the nomial course ol business. 1.5 Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be measured reliably. Expenditure is classified by activty. The costs of each adivity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent viith the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on th8 Portion of the asset's use. Expenditure is classified under the following headings: Costs of raising funds comprise the cost5 of fundraising, training and other sundry income and their associated costs. Charitable expenditure comprises those costs incurred by the charity in the delivery of its charitable activities. It includes both costs that can be allocated directly to such activities and those costs of an indire¢t nature necessary to support them. All costs are allocated between the expenditure categories of the Statement of Financial Adivities on a basis designed to reflect the use of the resource. Costs relating to a specific activity are allocated directly. Governance cost includes those costs associated with meeting the constitutional and statutory requirements of the Charity and include all independent examiners fees and costs linked to the strategic management of the Charity. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. Support Gosts Support costs are those functions that assist the work of the Charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel. payroll and governance costs which support the charity's charitable activities. These costs have been allocated behveen cost of raising funds and charitable activities. The basis on which the support costs have been apportioned on an appropriate basis are set out in the note 8. 1.6 Intangible fixed assets other than goodwlll Intangible assets aGquired separately from a business are reGognised at cost and are subsequently measured at cosl less accumulated amortisation. Intangible assets acquired on business combinations are cOgnised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably,. the intsngible asset arises from contractual or other legal rights,. and the intangible ass8t is separable from the entity. 10-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcies (Continued) Amortisation 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.. Website 33.3% straight line 1.7 Tanglble fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation. Depreciation is recognised so as to write off the cost of assets less over their usefvl lives on Ihe following bases: Computers 33.30% straight line The gain or loss arising on the disposal of an asset is detemined as the differen between the sale proceeds and the CaIng value of the asset. and is recognised in the statement of financial activities. 1.8 Fixed asset Investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net incomel(expenditure) for the year. Transaction costs are expensed as incurred. 1.9 Impairnient of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its tangible and intsngible assets to determine whether there is any indication that those 8ssets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaiment loss (if any). 1.10 Stocks The Charity does not buy items for resale. Items donated for sale in the shop are not valued as they are generally small and of low value, and to value them formally would incur undue expense in the opinion of the Trustees. 1.11 Cash and cash equlvalents Cash and cash equivalents represents cash in hand, deposits held at call with banks. 1.12 Financial instruments The Charity 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 Chariws balance sheet when the Charity becomes paty to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include debtors and cash and bank balan8, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised. Basic financlal Ilabilities Basic financial liabilities, including creditors are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. 11
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting pollcies (Continued) 1.13 Taxatlon Alzheimers Dementia Support as a Charity is not liable for assessment to tax on its income and gains to the extent that they are applied to its chartsble objectives. 1.14 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terrninate the employment of an employee or to provide temiination benefits. Donatlons and legacles Unrestrfcted Restricted funds funds Total 2024 Total 2023 Donations and gifts Legacies receivable Grants receivable 47,372 14,868 3,910 62,240 3.910 16,541 73,532 1,592 16,541 63,913 18,778 82,691 75,124 Other trading activitles 2024 2023 Fundraising events Shcp income 104,143 94,524 51,912 113,993 198,667 165,905 Income from investments Unrestricted Unrestricted funds funds 2024 2023 Interest receivable 8.813 12-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2024 Raising funds 2024 2023 Training Santa run Shop costs Travel and out of pocket expenses Fundraising 1,395 3,168 79,098 232 52,148 7,608 3,605 74,585 84 4,525 136,041 90.407 As part of the restructuring pro85, as discussed in the Trustees Report, the decision was taken to include a director of fundraising which was funded by reducing salary costs in other areas. This accounts f(r the increase in the fundraising costs detailed above. 13-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Charltable activities Alzheimers Dementia support Resplte and Careers holidays Out and RBWM Youth about Project Totsl 2024 Total 2023 Depreciation Arnortisation Accountancy fees Advertising and marketing Bank charges Computer costs Consulting Salaries Employers Nl Pension costs General expenses Independent Examination fee (incl VAT) Insurance Legal 8nd professional fees Outsourced bookkeeping fees Payroll processing Postage etc Printing and ststionery Stsff Iraining Subscriptions Telephone and intemet Travel and parking Singing for pleasure Other property costs and hall hire Travel and out of pocket expenses Refreshments and other costs Holiday fund for careers 311 9,996 1,839 311 9,996 1,934 311 9,996 1,979 95 77 3.493 4,166 1.025 133,554 176,550 7,141 10.350 2,785 3,916 1,902 1.925 3,616 4.239 247 158 3,863 4,397 117,342 6,471 2,486 1,872 16,212 670 299 30 1,825 1.323 1,825 1,323 1,100 1,272 3,123 53 3,176 97 2,016 927 2,819 3,841 325 718 3,256 477 15,722 1,440 152 3,456 1,079 2,619 3,851 325 718 3,766 477 15,722 3,024 1,096 2,741 4,384 10 742 2,469 362 17,441 510 15,798 15,798 14,687 4.315 313 4,628 5,343 8,866 14,722 23,588 14.536 28,649 14,148 14,536 213,323 34,911 14,536 262,770 311,343 Analysis by fund Unrestricted funds Restricted funds 213,323 31,001 3,910 244,324 298,627 18,446 12,716 14,536 213,323 34,911 14,536 262,770 311,343 14-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Support costs Ralslng funds Charftsble activities Basls 2023 of alloca tlon 2024 Accountancy fees Advertising and marketing Bank charges Computer costs Consulting Depreciation expense Amortisation Salaries (note 12) Employers Nl (note 12) Pension costs (note 12) General expenses Independent examination fees (incl VAD Insurance Legal and professional fees Light, heat and power Outsourced bookkeeping fees Payroll processing Postage etc Printing and stationery Staff training Subscriptions Telephone and intemet Travel and p8rking Rent and rates Propety repair costs Travel and out of pocket expenses 435 1,934 2,369 2,106 Direct 77 Direct 6,514 Direct 4,310 Dire 1,025 Direct Direct 2,905 144 3.883 4,397 6,768 4,541 311 9,996 133,554 7,141 2,785 1,902 311 9,996 218,764 10,068 3,775 3,907 311 9,998 Direct 222,107 As per 11,686 pl8Ver 4,135 fjer 2,299 FJp8ct Direct 85,210 2,927 990 2,005 1,825 1,323 3,176 1,825 2,834 3,220 1,409 5,376 1,946 2,634 3,868 325 1,100 2,736 Direct 97 Direct 931 Direct 4,704 Apport 1,578 Pr 2,763 E&t 4,731 Direct Direct 742 Direct 3,351 Direct 448 Direct 34,795 Direct 1,111 Direct 5,515 As per staff 1,511 44 1,409 1,920 867 3,456 1,079 2,619 3,851 325 718 3,766 477 7,849 1,103 4,628 17 266 900 289 29,C60 695 1,233 4,666 766 36.909 1,798 5.861 132,842 202,078 334,920 329,166 Other non-support costs 3,199 60,692 63,891 72,584 Total costs 138,041 262,770 398,811 401,750 Net movement In funds 2024 2023 The net movement in funds is ststed after chargingl(crediting)'. Fees payable to the charity's independent examiner: for the independent examination of the charity's financial statements - for other assurance services Depreciation of owned tangible fixed assets Amortisation of intangible assets 1,825 9,689 311 9,996 8,368 311 9.996 15-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 10 Independent examln8r's remuneration The analysis of independent examiners, remuneration is as follows.. Fees payable to the charity's Independent examlner and assoclates: 2024 2023 Independent examination of the annual accounts {incl VAT) 1,825 1,100 Non-lndependent examlnation services All other non-independent examination services (incl VAT) 9,689 8,368 11 Trustees None of the Tru5teÈs (or any persons connected with them) received any remuneration or benefits from the Charity during the year. Included within charitable activities and raising funds are expenses tolalling £574 (2023- £454) paid to the trustees to reimburse them for expenses incurred on behalf of the charity. 12 Employees Number of employees The average monthly number of employees during the yearwas: 2024 Number 2023 Number 23 25 Employment costs 2024 2023 V41ages and salaries Social security costs Other pension costs 218,764 10,068 3,775 222,106 11,686 4,135 232,607 237.927 There were no employees who had a salary, including employee benefits, in excess of £60.000. 16-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 13 Shop contributlon 2024 2023 Shop income (including gift aid) Shop costs 94,524 (79,098) 113,993 (74,585) 15,426 39,408 14 Taxatlon The company is a registered charity and is not considered to be liable to taxation on its charitsble activities. 15 Intanglble flxed assets Website Cost At 1 September 2023 and 31 August 2024 29,988 Amortlsation and Impairnient At 1 September 2023 Amortisation charged for the year 16,860 9,996 At 31 August 2024 26,656 Carrylng amount At 31 August 2024 3,332 At 31 August 2023 13,328 17-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 16 Tangible fixed assets Computsrs Cost At 1 September 2023 4,855 At 31 August 2024 4,855 Depr8ciation and Impalrment At 1 September 2023 Depreciation charged in the year 4,388 311 At 31 August 2024 4,700 Carrying amount At 31 August 2024 155 At 31 August 2023 467 17 Fixed asset investments Investments Cost or valuation At 1 September 2023 Transfer to current asset investment 150,000 {150,000) At 31 August 2024 Carrylng amount At 31 August 2024 At 31 August 2023 150,000 18 Debtors 2024 2023 Amounts falling due within one year: Other debtors Prepayments and accrued income 1,738 11.815 1,703 11,049 13,553 12,752 18-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 19 Current asset Investments 2024 2023 Unlisted investments 125,196 20 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Trade creditors Other creditors Accruals 3,442 2.521 2.573 3,139 4,256 3,754 3,654 2,765 11,675 14,429 21 Restrlcted 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. Movement in funds Incoming Resources resources expended Balance at 1 Septembgr 2023 Balance at 31 August 2024 Datchet United Charities- Datchet Donations - Holiday Fund for Carers- for respite holidays NHS Berkshire East Respite Grant- for respite holidays Louis Baylis Trust- for droTrin services RBIAIM Grants - Youth project Berkshire Community Foundation Grants - Home IAsits Mates with plates Out and about 460 460 4,616 14,868 (14.536) 4,948 1,280 1,342 17,545 8,451 220 1,280 1,342 17,545 8,451 220 3,910 (3,910) 33,914 18,778 (18,446) 34,246 19-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 22 Analysls of net assets between funds Unrestricted Restrlctod 2024 2024 Total Unrestricted Restricted 2024 2023 2023 Total 2023 Fund balances at 31 August 2024 are represented by.. Intangible fixed assets Tangible assets Investrnents Cuent assetsl{liabilities) 3,332 155 3.332 155 13.328 467 150.000 144.365 13,328 467 150,000 178,279 195,701 34,246 229,947 33,914 199,188 34,246 233,434 308,160 33,914 342,074 -20-
ALZHEIMERS DEMENTIA SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 23 Operating lease commltments At the reporting end date the Charity had outslanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2024 2023 VthIn one year Beeen and five years In over five years 27,500 110,000 55,382 27,500 110,000 82,882 192,882 220,382 24 Related party transactions There were no disclosable related paty transactions during the year (2023 - none). Remuneration of key management personnel The remuneration of key management personnel was as follows: 2024 2023 Aggregate compensation 23,888 47,848 -21