The Sid Valley Memory Cafe
FINANCIAL STATEMENTS
for the year ended 31 March 2024
Twyford House
Coburg Road
Sidmouth
Devon
EXIO 8NF
Registered chority No 1154261

THE SID VALLEY MEMORY CAFE
REGISTERED CHARITY NUMBER: 1154261
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS:
Page 1-6
Trustees Report
Page 7
Independent Examiners Report
Page 8
Statement of Financial Activities
Page 9
Balance Sheet
Page 10- 13 Notes to the Financial Statements
Page 14- 15 Accounting Policies

THE SID VALLEY MEMORY CAFE
REGISTERED CHARITY NUMBER: 1154261
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Charitable Objectives
To relieve the needs, and to promote and protect the good health of persons suffering from
dementia and memory loss, their carers and family, in particular but not exclusively. by the
provision and development of a drop-in centre known as a Memory Café where they can meet
informally to take part in stimulating and enjoyable activities which make living with such
conditions easier.
Administrative Details
The principal address of the charity 15: Twyford House
Coburg Road
Sidmouth
Devon
EXIO 8NF
Charity Registration Number:
1154261
Charity Registration:
18 October 2013
Independent Examiner:
N Smy ACA
Westcotts ISW) LLP
Chartered Accountants
Queens House
Honiton
Devon
EX14 IBJ
Bankers:
Lloyds Bank
Blackheath
London
BXI ILT
Page I

THE SID VALLEY MEMORY CAFE
REGISTERED CHARITY NUMBER: 1154261
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Trustees who served durin
the
ear".
David Hodge CBE
Jean Bridgeman
Nicola Channon
Adrian Ford
Lynette Lloyd
Angela Thompson
(Resigned 3 November 2023)
(Resigned 3 November 20231
{Resigned 7 March 2024)
IAppointed 5 July 20241
John Hollick
Jenny Waller
Anita Denny
Kathie Linley
Sam Smith
Richard Thurlow
(Resigned 22 March 2024)
(Appointed 3 November 2023)
(Appointed 3 November 20231
(Appointed 3 November 20231
Mana
ement
Non-Trustees
Simon Freeman
Lois Swarbrook
Karen Wallbridge
Lynette Lloyd
{Secretary)
(Assistant secretary)
(Treasurer resigned 31 January 20241
(Treasurer appointed l February 20241
Structure and governance
Governin
Document
The Sid Valley Memory Cafe is registered as a charity with the charity commission and is a
Charitable Incorporated Organisation and governed by its constitution document.
Trustee A
ointment
Trustees are appointed after election by the Trustees. The Chairman of the Trustees is elected each
year by the Board of the Trustees.
Background Information
What's a Memo
Café?
Memory Cafes have been set up across the UK. The Sid Valley Memory Café was started in 2010 by
members of The Rotary Club of Sidmouth and The Rotary Club of Sid Vale for people in the local
area and was registered with the Charity Commission on 18 October 2013.
We provide an informal, social venue where you can go for advice and support if you or someone
you know is suffering the challenges of memory loss or is newly diagnosed with some sort of
dementia.
Studies have shown that by sharing information and knowledge carers are better able to
understand and support the person who is experiencing memory problems.
Page 2

THE SID VALLEY MEMORY CAFE
REGISTERED CHARITY NUMBER: 1154261
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Memory Café aims to provide a social space for people in this situation. It is run by a team of
volunteers, many of whom have been part of the team since the café was launched.
As it is a Sid Valley community project the café is supported by many associations in the town and
area. Our local Admiral Nurse calls into the meetings on a regular basis and is available for
confidential professional advice.
Between us our team have a wealth of experience and knowledge about memory problems and
dementia and the support available.
Most importantly, we all share the desire to offer a place where people can come and discuss their
concerns with others in a similar situation, and where people living with dementia can join in a
range of beneficial a nd enjoyable activities.
Who is it for?
The Sid Valley Memory Cafe is for:
l. Anyone who is experiencing memory problems, or who is newly diagnosed with dementia.
2. Their carers, relatives and friends who support them.
When and where we meet
During this current year we met every Wednesday from 1.45pm
3:45pm at Twyford House where
we are supported a number of trustees and volunteers who make a real difference for the
members attending.
Our address is:
Twyford House
Coburg Road
Sidmouth
Devon
EXIO 8NF
We also run a Befriending Support Group who meet on Tuesday mornings, providing a relaxing
session over coffee at Fort café on the esplanade. This also allows their carers time for themselves
to undertake personal activities.
In association with Rotary Club of Sidmouth another Befriending session is held on Friday mornings
at Anchor Inn, Fore St Sidmouth. The session plays a different but much-loved space where many
men and some ladies enjoy the dedicated support from local Rotary Club members. Whilst this
session is held, a separate session is also provided for the Carers of those members and this
encourages more members to venture out on a Friday morning.
Page 3

THE 51D VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER: 1154261
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Who runs the Memo
Cafe?
The Sid Valley Memory Café is run by a committed team of volunteers and trustees, many of whom
have specific experience and knowledge of caring for people with dementia.
We are kindly supported by many local organisations including the Churches, The Rotary Club of
Sidmouth, The Inner Wheel Club of Sidmouth, Sidmouth Golf Club, Sidmouth Hospice at Home and
Sid Valley Help.
We have benefitted from individuals, legacies providing a solid financial basis for our future for the
service.
Admiral Nurse
The Admiral Nurse continues to be a major support within the Sid Valley, although fully funded by
Dementia UK from l April 2023. The SVMC Trustees will continually review and agree a dedicated
amount each year to contribute towards the Admiral Nurse as a goodwill gesture as support for this
role is a major part of the Charity's objectives.
Activities Undertaken
In line with the charitable objectives above, the Charity endeavoured to support its members
through a number of activities described on page 3. The Charity reflected on how best it could
continue to support the community and raise more of an awareness of dementia in the Sid Valley.
At the beginning of March 2024, the Charity started a new initiative "Dementia Friendly Sidmouth"
IDFSI. The objective of DFS is that businesses in the Sid Valley can have a greater awarene55 of
Dementia and through on-line training, understand how they can give their customers, the best
service. This is initiative is very important to SVMC who will lead this project to what is hoped great
success in 2024. The Charity appointed a contracted project manager on a part time basis with
Sidmouth Hospice at Home, Sid Valley Help, and Sidmouth Town Council as a Steering Group. This
initiative will be launched in June 2024. This project is in its infancy and is being monitored,
managed and reviewed by the Trustee5.
Reserves Polic
The Trustees continue to believe that the Charity needs to have 2 years Memory Cafe running
expenses1£18,0001 available at all times and well secured. This has been achieved. Because of the
legacies received this year it was agreed that in 2024, £400K will be invested with Charles Stanley as
Discretionary Fund managers. Charles Stanley was selected as managers after a comprehensive
bidding and evaluation process by the Trustees of the Charity. The Trustees will have regular
updates on how the portfolio is performing from Charles Stanley.
As further legacies are received in 2024, short and fixed terms savings accounts with Lloyd's Bank
will be considered to achieve the best interest.
Page 4

THE SID VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER: 1154261
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Public Benefit
The trustees have paid due regard to the relevant Charity Commission guidance and consider that
the activities outlined in this report meet the public benefit requirements for charities.
Achievements and Performance
New blood by way of Helpers, Trustees and the Dementia Friendly Sidmouth initiative has ensured
the SVMC prospers and has brought new professionalism, knowledge and new dynamics to the
team.
The continued face to face meetings on Tuesday mornings, Wednesday afternoon Memory Cafe and
Friday mornings are proving very popular and our seen as a lifeline to many carers. Angela
Thompson who leads the SVMC, Jean Bridgeman with her Befriending role have maintained and
grown the service to our community with the help of all the volunteers.
Fund raising events with a street collection, attending the Sidmouth Classic Car Show, Christmas
Coffee Morning, have 311 helped maintain an awareness of the Charity within the town. Sidmouth
Golf Club has for the second year agreed to be our main sponsor from March 2024.
The Trustees are extremely grateful for all donations, volunteers and general support from everyone
involved during the year and hope that it will continue to thrive going into 2024.
Financial Review
A major factor in the contributions received in the year was as a direct result of legacies from a
number of long standing trustees/friends of the Memory Café who regrettably passed away during
the financial year.
The total income for the twelve months ended 31 March 2024 amounted to £369.492, compared to
£384,439 for the year ended 31 March 2023. The net reserves as at 31 March 2024 were therefore
£429,534 in unrestricted funds12023: £207,492) and £377,637 in restricted funds (2023- £261,916)
relating to the Admiral Nurse campaign.
The charity would not exist without the volunteering and financial support which it receives for
which we are all grateful.
Post Balance Sheet Event5
After the financial year end, the Charity was notified that it was listed as a beneficiary in two wills
and that it would be entitled to a share of the estate. At the date of signing the accounts the
Trustees believe this could result in a further legacies of approximately £188K. £44K of which, was
donated to the Admiral Nurse which will be transferred to Dementia UK.
Page 5

THE SID VALLEY MEMORY CAFE
REGISTERED CHARITY NUMBER: 1154261
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Trustees, Responsibilities in Relation to the Financial Statements
The trustees are responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards. The law applicable to
charities in England and Wales requires the trustees to prepare financial statement 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 of the charity for that period. In preparing these
financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently-
Observe the methods and principals of the Charities, SORP:
Make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards have been followed. subject to any departures
disclosed and explained in the financial statements- and-
Prepare the financial statement on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which 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 Charities Act 2011. The tru5tee5 are responsible for
safegu3rding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of f raud and other irregularities.
Signed on behalf of the Trustees:
Trustee
NJIQ gi,
Trustee
Date:
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SID VALLEY MEMORY CAFE
I report to the trustees on my examination of the financial statements of Sid Valley Memory Cafe I'the charity'l
for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity, you are responsible forthe preparation of the financial statements in accordance
with the requirements of the Charities Act 2011 ('the Act'l.
I report in respect of my examination of the charity's financial statements carried out under settion 145 of the
2011 Att and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145{5)Ibl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in a ny material respect:
Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
The financial statements do not accord with those records- or
The financial statements do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns 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 accounts to be
reached.
N Smy ACA
Westcotts (SW) LLP
Chartered Accountants
Queens House
Honiton
Devon
EX14 IBJ
ICAEW
CHARTERED
ACCOUNTANTS
Page 7

THE SIO VAILEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER.. 1154261
YEAR ENDED 31 MARCH 2024
STATEMENT OF FINANCIAL ACTIVITIES
Year Ended 31 March 2024
Unrestricted Restricted
Total
Funds
Funds
Funds
Year Ended ai Mar¢h 2023
Unrestricted Restricted
Total
Funds
Funds
Fund5
In¢ome and Endowments from
Donations and legacies
Fund raising
Charitable Activities
Investment Income
Total Income
Note3
226.712
131
12,454
127,056
271
353,768
402
12.454
2,868
369.492
179,155
863
199,890 379.Q45
4,522
5.385
2,868
130,19S
239,297
180,018
204,421 384,439
Ex
enditure
Raising Funds
Charitable activities
Other costs
Total Expendlture
Note 4
116,2711
19841
117.2551
114.4741 130,7451
19841
114.4741 131,7291
18.1101
19361
19.0461
18,1101
19361
19,0461
Note 6.1
Net Income
222.042
115,721
337.763
170,972
204.421 375.393
Reconcillation of Fund5
Total funds brought forward
Note 5
207.492
261,916
469,408
36,520
57,495
94.015
Total funds carried forward
429.534
377,637
807,171
207,492
261.916 469,408
All the charitie5 activities ¥elaie to tontinuing operations during the above two peiiods.
Page 8

THE SID VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER= 1154261
BALANCE SHEET AS AT 31 MARCH 2024
As ai 31.03.2024
As at 31.03.2023
Fixed Assets
Note 7
632
Current Assets
Debtors
Cash at Bank-current Account
Admiral Nurse Bank Account
Cash in Hand
Nore8
172,107
345,256
289.530
630
3.333
205,072
261.916
23
Totol current ossets
807,523
470,344
Liabilities
Note 9
Creditors.. Amoun15 falling due within one year
19841
19361
Net current osset5
806.539
469,408
Totol ossets le55 currtnt liobiljties
807,171
469,408
Total Net Assets
807,171
469,408
The Funds of The Charity
Restricted Income Funds IAdmiral Nurse Campaign)
Llnrestricied Reserve
Designated Reserve
Note5
377,637
403,462
26.072
261.916
206.492
1,000
807.171
469,408
Approvetl by the Board ol Trustees and silned on their behalf
Trustee
rJ,La, C
Trustee
Date..
Pa8e 9

SID VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER.. 115461
YEAR ENDED 31 MARCH 2024
NOTES TO THE ACCOUNTS
Note 3- Analysis of Income
Year Ended 31 March 2024
Unrestricted Restricted
Total
Funds
Funds
Funds
Year Ended 31 March 2023
Unrestricted Restricted
Total
Fund5
Funds
Funds
Donatlons and legacies
Voluntary Income and Donations Irom Individual
Grants and Donations from Organisations and Charitie¢
Gift Aid reclaim on Personal Donationc
223,021
3,691
117,839
9,217
340,860
I2,￿8
176,250
2,905
186,175 362,425
13,715
16,620
226,712
127,056
353,?68
179,155
199,890 379.045
Income from Charltable Activities
Befriending
Christmas party
FLtnd Raising
12,454
12,454
12.454
12,454
Investment Income
8ank Interest
2.868
2.868
2.868
2,868
Fund raising
Adrnifal Nurse Fundraisin
Street Collections and Tin5
Downton Abbev
Rock concert
Mary Knig talk
Quiz Night
Classic Car raffle
Chri5tma5 cards
Coffee and cake Christmas
Coffee mornin8
76
1,231
922
1,033
429
379
76
1,231
922
1,033
429
379
271
271
452
4.522
4S2
4,522
271
271
Sid Valle
Memof Café Fundraisin
Street Collection5 and Tins
Auction
Easy fundraising Iwebsite cashbackl
Outings
Members contributsons
589
589
131
131
131
131
274
863
274
863
TOTAL INCOME
239,Z97
130,195
369,492
180,018
204,421 384.439
Restricted Funds Relate to the Admiral Nurse campaign and can therefore only be used lor this purpose
Page 10

SID VALLEY MEMORY CAFE
REGISTERED CHARITY NUMBER: 115461
YEAR ENDED 31 MARCH 2024
NOTES TO THE ACCOUNTS
CONTINUED
Note 4- Analysis of Expendlture
Year Ended 31 March 2024
Unrestrietèd Restricted
Total
Funds
Funds
Funds
Year Ended 31 Mar¢h 2023
Unrestricted Restricted
Total
Fund5
Funds
Funds
Expenditure on Raislng Funds
Fundfaising Costs for Admiral Nurse (Restricted Funds)
Events expenses and deductions
Promotion and Advertising
Tot31 Expenditure on Raising Funds
Expendlture on Charitable Activlties
Sidmouth Memory Cufe Running Costs..
Rent
Office Supplie5
Catering
In51Jrance
Outgoings (excluding transport)
First Aid Training
Befriendifjg
Transport
Promotion & Advert15ing
Web Site Development
Christmas Lunchljubilee Party
Respite Care Funding
Project Manager Costs
Christmas Cards
Depreciation
Miscellaneous
2,374
598
341
479
2,957
2,374
598
341
479
2.957
1.128
1,177
244
265
2,578
475
323
560
109
432
277
1,128
1,177
244
265
2,578
475
323
560
109
432
277
1.061
564
184
852
269
1,061
564
184
852
269
3CK)
3,783
1.610
158
741
16,271
3.783
1,610
158
741
16.271
98
444
8.110
98
444
8,110
Admiral Nurse costs
Dementia UK- upfront Admiral Nurse Costs
Advert15ing
14.474
14,474
14,474
14,474
Total exper)diture on charitable activltles
16,271
14.474
30.745
8,110
8.110
Governance Costs
Independenl Examiners Fees laccruall
984
936
936
TOTAL EXPENDITURE
17.255
14,474
31.729
9,046
9,046
Page 11

SID VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER= 1154
YEAR ENOED 31 MARCH 2024
NOTESTO THE ACCOUNT5
CONnNUEO
Note S-Ch¥ri
funds.
F ￿d$ Brou
Forward
ht
Funds Carrled
Fund Name
endltur
Unrestykfed Reserves (general reser¥e51
These lund5 are unFe5tricted and used 8erteral purposes of the
charitya5 the trustees see fit.
206.492
239.297
128,8551
403.462
UMre5trirted Rese￿e% Idesr&nated re5eryesl
These funds ale unrestr￿ted btsi have been set aside by theTrustees
loi thepromoiion of Oementia FriendlySidTho¥th
1.000
13,7831
28,855
26,072
207,492
239,297
429.534
R¢#rfrted Reseryes
These Ivhds ielateto the campa￿￿ for an Admiral trursefor the
SKJ Valleyaiea. These ieserves are festitled only loi these purpose5.
261.916
130.195
114,4741
377,637
Tolal Fund5
469,408
369.d92
131.7291
807,171
Note S.1-
Perio
nd$ Brou
FO￿ard
ht
Fund Name
Tr
Forward
Unfesiritted ReseNtslEeneral re5eryesl
These funds ale unresErKted and used for 8eneial puiposes of the
36.520
180.018
19,0461
11,0001
206,492
Unrestricted Rese￿e$ Idesignated resÈrvesl
These fund5 ale unrestiicted b￿t have been setaside by the Tiustee5
for the pTomDtKin of Demehiia Friendly &dmout
1,000
i.ofy)
36,520
180,018
19,0461
207,492
Restrlcted Reserves
These funds It￿tet0 the campa¥n frrf Admiial nurse for ihe
valley area. These reseivÈ5 are rest¢Kted for these puip05e5.
57,495
204.421
261,916
Toi•l Fuhds
94,015
384,439
19.0461
469.40B
Ilote 6-6ovein3nce Costs
Due io the SlEe and naivieof t*e Gover￿aTr¢e cost5 these have been allotated en1hre￿ to uniestricied ieserves.
sfor the Examlnation olthe Acuun
Fees foi the examInat￿n oltheaccounts Ill Ihe yearwere as fol￿W$..
3.2023
Independent Examiners Fees
936
14otE 7-Tan
-ble fixed Assets
Cost
At 31 March 2023
Additions
At 31 Marth 2014
790
1,27
Depreo*tion
Al 31 Marih 2023
Chaigefoi year
At 31 Mawch 2024
16461
Net book val￿e
At 31 March 2024
632
Al 31 March 2023
P•Èe L2

SID VALLEY MEMOR Y CAFÉ
REGISTERED CHARITY NUMBER: 115461
YEAR ENDED 31 MARCH 2014
NOTES TO THE ACCOUNTS
copiriNUED
Note 8- DebtOfS
31.03.2024
Legacies
Other Debtors
172,107
3,333
172.107
3,333
Note 9- (￿dItO
.. Arnount$ Oue whhln One Year
31.03.2024
31.03.2023
Independent Examiners Fee5
Other Creditors
936
984
936
Note 10- Stafl Cosis
31.03.2024
31.03.2023
Staff costs durin8 the period were..
1,8
Avera8e headcount
No ernployee received emoluments of more than £60,000 during the ¥ear.
Note 11- Donèiion
Donations totallin8 £nil12023.. £nill were received Irom Trustees in the year.
Ilote 12- Related Pa
Transactlons
There were no related party transactions in the year requiring disclosure.
Note 13- Anal
is of ntt atsets be
ween funds
Unrestritted Restrlct
funds
funds
2024
funds Z024
FixedA$5e¢s
632
632
Current A55et5
429,886
377,637
807,523
19841
19841
429.534
377,637
807,171
Unrestftcted Restricted
funds
funds
Total
funds 2023
2023
Fixed Assets
Current Assets
208,428
261,916
470,344
19361
19361
207,492
261,916
469,408
Note I
-Yrustee e
enses
Expense5 01 £1,20612023 £2,063) were reimbursed to 9 Trustees12023 81 durin8 the year
Note14-P
At the year end the Trustees had ¢ommitted to donating £11,500 to Dementia UK durin8 the
year ended 31 MaFch 2025. This will be paid from the Admir31 Nurse Restricted fund.
Page 13

THE SID VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER: 1154261
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 MARCH 2024
Accounting Policies
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities- Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applica ble in the UK and Republic of I reland IFRS
1021 (effective l January 2015) (Charities SORP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Sid Valley Memory Cafe meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
The financial statements have been prepared under the historic cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant notes to these
accounts.
The Financial Statements are prepared in Sterling which is the currency of the entity.
Going Concern
The accounts have been prepared on a going concern basis. There are no material uncertainties
about the charity's ability to continue.
The charity is a Charity Incorporated Organisation. In the event of the CIO being wound up, the
members have no liability to contribute to its assets and no personal responsibility for settling its
debts and liabilities.
Cashflow Statement
The Charity ha5 taken advantage of the exemption in FRS102 from the requirement to produce a
cash flow statement because it is small.
Funds
Unrestricted Funds represents the funds of the charity that are not subject to any restrictions
regarding their use and are available for application to the general purposes of the charity.
Designated Funds represent the funds set aside by the Trustees for a particular purpose. These can
revert back to general unrestricted fund at the discretion of the Trustees at any time.
Restricted Funds relate to the Admiral Nurse campaign and can be expended only on that purpose.
Page 14

THE SID VALLEY MEMORY CAFÉ
REGISTERED CHARITY NUMBER: 1154261
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 MARCH 2024
Income and Endowments
Voluntary income and capital sources:
Donations are shown when the conditions for receipt and amounts are verifiable.
Income Tax recoverable on Gift Aid donations is recognised when the recovery is received
from HM Revenue and Customs. Grants and legacies to the charity are accounted for as
soon as the charity is notified of its legal entitlement, the amount due is quantifiable and its
ultimate receipt by the charity is reasonably certain.
Income from restricted reserves are expended in accordance to the restrictions. These
reserves.
Investment income is recognised when received.
Expenditure
The expenditure on the admiral nurse is accounted for when the expenditure has been passed over
to Dementia UK- registered charity number 1039404. Amounts expended for the admiral nurse are
paid upfront and in advance of the work of the admiral nurse being carried out. However, as the
amounts are non-refundable to Sid Memory Café, no adjustments have been made to prepay the
expenditure over an appl icable period. Full details of the restricted reserves held by Dementia U K in
regards to the donation from Sid Valley Memory Café can be found on their accounts, available from
the Charity Commission website.
Tangible fixed assets
Tangible fixed assets will be capitalised where expenditure is over £100, the life of the asset is
expected to be over I year and where the charity retains ownership.
Computer Equipment 20% straight line
Investments
The charity has no investments.
Charitable Status
The Charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010
and accordingly, the Charity is exempt from Income Tax and Capital Gains Tax. provided its income
and gains are applied for charitable purposes. The charity has no trade activities.
Page 15