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2023-03-31-accounts

Charity registra�on number 1158640

Company registra�on number 09044373 (England and Wales)

DEMENTIA SUPPORT

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

DEMENTIA SUPPORT

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs C T Bogoje
Mr R A Broadribb
Mrs M K Ma�hews
Ms P Nesbit
Dr A Childs
Mrs T M Y Kelly
Mr K A Watson
Mr C Thornhill
Mrs C M Cannon (Appointed 17 February 2023)
Ms M Litchfeld (Appointed 21 April 2022)
Charity number 1158640
Company number 09044373
Registered ofce Sage House
City Fields Way
Tangmere
West Sussex
England
PO20 2FP
Auditor Robert Sadler & Company Limited
30b Southgate
Chichester
West Sussex
PO19 1DP

DEMENTIA SUPPORT

CONTENTS

Page
Trustees' report 1 ­ 10
Statement of trustees' responsibili�es 11
Independent auditor's report 12 ­ 13
Statement of fnancial ac�vi�es 14
Balance sheet 15
Statement of cash fows 16
Notes to the fnancial statements 17 ­ 28

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023.

The trustees have adopted the provisions of Accoun�ng and Repor�ng by Chari�es: Statement of Recommended Prac�ce applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard in the UK and Republic or Ireland (FRS 102) (effec�ve 1 January 2015).

Objec�ves and ac�vi�es

The charity (then named Chichester Demen�a Support Group) was started in 2014 by a group of local people who had been personally touched by demen�a.

Demen�a is one of the main causes of disability later in life, ahead of cancer, cardiovascular disease, and stroke. As a country we spend much less on demen�a than on these other condi�ons. One million people in the UK will have demen�a by 2025 and this will increase to 1.6 million by 2040. 1 in 3 people born this year will develop demen�a in their life�me. Demen�a has a devasta�ng impact, o�en causing difficul�es comple�ng simple tasks or maintaining rela�onships. The whole family is impacted as they watch their loved one decline and lose their independence. As demen�a progresses, families need to access a full range of support. The health and social care system can be fragmented, complex and challenging to navigate. The charity exists to ensure people get the help and support they need at one of the most challenging �mes in their lives.

According to the Department of Health there are 940,000 people with demen�a in the UK.

At the heart of the Government’s Na�onal Demen�a Strategy from 2014 was a drive to raise awareness of the disease, deliver early diagnosis and provide support to individuals and collabora�on with a wide range of organisa�ons. The Government announced that a new 10­year plan to tackle demen�a would be published in late 2022 however at the �me of wri�ng no specific plan for the condi�on has been forthcoming. Demen�a has however appeared in the recent publishment of the Major Condi�ons Strategy along with a host of other condi�ons although no real shi� has been seen in priority areas iden�fied in 2014 or funding which might support the agenda, despite the growing need.

The results of the Charity’s feasibility study in 2014 into the provision of Demen�a Care Services in the local area revealed that people living with demen�a, their carers, and families felt that naviga�ng the complex journey created by the early stages of demen�a care was extremely difficult. Interviews at local support groups highlighted the need for acollabora�ve service and a clear desire among those affected to keep ac�ve and remain at home, close to their families, for as long as possible. This research also revealed that the provision of demen�a services locally was fragmented. Following a consulta�on process, it was agreed that significant benefits could be derived from offering a dedicated, purpose­built facility that would allow all aspects of demen�a care to be provided and coordinated from a central loca�on. The concept of Sage House was created.

The aim was, and remains, to work alongside exis�ng organisa�ons to bring together and enrich their offering and the services they provide and to ul�mately provide excep�onal demen�a care in the West Sussex area including Chichester, Bognor Regis, Selsey and the Wi�erings to the South, Emsworth up to Midhurst in the West, Petworth, Billingshurst, Li�lehampton and Rus�ngton.

Our goal was to develop a defini�ve integrated model in con�nuing care for people with demen�a as well as provide full support for families and carers.

Demen�a Support entered into a fundraising campaign in early 2016 to renovate an old call centre in Tangmere near Chichester in West Sussex with a target of raising £1.74 million and Sage House, was officially opened by HRH The Countess of Wessex on the 8th of May 2018.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Sage House has transformed the way that people living with demen�a are supported locally. We are pioneering a new form of demen�a support providing a full range of demen�a services in one welcoming, accessible, and inclusive community hub. Uniquely, our model brings the NHS Demen�a Assessment Service and other partners into the same building as well our own full range of services. Together, we provide seamless support from pre­diagnosis throughout the en�re demen�a journey suppor�ng people with every aspect of their lives:

Given each person experiences demen�a differently depending on which part of the brain is affected, our support is as individual as each person’s demen�a. Over 2,000 people a year have the help they need to live life with demen�a as independently and as well as possible. Support which helps people stay connected with family, friends and community; stay ac�ve; keep learning; stay engaged with the world around them – all essen�al to wellbeing and quality of life.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what ac�vi�es the charity should undertake.

Achievements and performance Day Breaks

Our Day Breaks service provides specialist day care for people living with demen�a. People enjoy sociable, crea�ve, and musical ac�vi�es helping to reduce isola�on and improve wellbeing. The service not only benefits the individual with demen�a but provides a much­needed break for carers and families. Long term, our breaks help ensure people remain living in the familiarity of their own home for as long as possible. We do this by reducing cogni�ve decline through ac�vi�es and social interac�on, whilst reducing the load on families and carers.

Over the last year, we have increased the capacity in our Day Breaks service. We now support 15 people each day, (75 each week). The need for this service has grown substan�ally throughout 2022/2023 and a wai�ng list for available placements has sadly started to form with the current number of 5 people at year end and another 13 people wan�ng addi�onal placements. The charity is exploring opportuni�es to increase capacity to help manage this as it is limited by floorspace as to the capacity.

In the past 12 months, 148 individuals have a�ended a session, meaning these carers have been able to access some respite. We have provided 3,660 placements. This will increase in the next 12 months as plans to grow the service will come to frui�on to accommodate the growing need.

The cost for a whole day is £18 ­ £62 (which includes a 2­course home cooked meal and refreshments throughout the day) – the charge levied is dependent upon an individual’s financial ability to pay with the balance subsidised by the charity. We provide a range of personal care services such as assisted bathing, feeding and medica�on administra�on and ensure our staffing ra�os are maintained at one member of staff for three customers, although for those with more intensive needs a higher ra�o is o�en needed.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Wellbeing Ac�vi�es

Our free ac�vity programme has something for everyone including music and singing, gentle exercise, pain�ng workshops, reminiscence, mindfulness sessions and ‘cha�er tables’ ­ helping keep minds ac�ve, reducing anxiety and offering opportuni�es for fun and socialising.

At its Trustee Strategy Day in October 2022, and in response to the cost­of­living crisis in 2022, the decision was taken to offer ac�vi�es for free (with dona�ons welcomed towards them) so as to ensure they were accessible to all, and that people had somewhere they could come which was warm as the colder period hit.

Our total ac�vity a�endance last year was 3,162 people, across 433 sessions. This does not include the less formal social groups such as our Daily Cha�er Tables, Sport Talks and Reading Friends groups which are all well a�ended.

Cogni�ve S�mula�on Therapy (CST)

Cogni�ve S�mula�on Therapy (CST) has been shown in studies to help with recall, memory, and thinking skills for people living with demen�a. Run as six­week blocks, and led by our ac�vi�es team, we use guided reminiscence through facilitated discussions about past memories. We evaluate par�cipants pre and post a�endance asking for self­assessment on whether they feel cheerful, anxious, confident, sad and lonely. We also monitor concentra�on, remembering people, clarity of thoughts and decision making. We have seen significant improvements in all a�endees across these areas.

Suppor�ng Carers- Empowering Carers

We have held a series of free Empowering Carers workshops on a range of topics that affect carers of people living with demen�a. These ran at the same �me as our Cogni�ve S�mula�on Therapy so that both the person with demen�a and their carer could benefit from meaningful ac�vi�es. We offer a four­week informa�onal demen�a carers course (2hrs per week) covering advice and support for carers who are family/friends; enhanced knowledge of demen�a; prac�cal �ps and strategies for managing demen�a; an insight into what it is like for people living with demen�a symptoms; exploring different ways of ge�ng demen�a support and maintaining health and wellbeing.

Support groups and training

We launched a range of new support groups to help people with shared experiences of demen�a come together and get support. This includes educa�onal workshops as well as facilita�ng peer support. Groups include male carers, newly diagnosed demen�a, young onset demen�a, grief, and living grief (an�cipatory grief felt before someone passes away). These groups enable people to have a be�er understanding of demen�a and access specific support for issues theymay be facing. The peer support aspect o�en leads to the forma�on of friendships which con�nue without the facilita�on of our services providing individuals with social ongoing connec�on.

Wayfinding

Our free of charge Wayfinding service provides both prac�cal advice and emo�onal support to make sense of the journey ahead. Appointments are offered in­person, or over the phone, and families speak to the same Wayfinder every �me ­ providing a familiar voice from someone who understands their specific needs.

The Wayfinding Service has con�nued to grow through 2022/2023. Numbers of new individuals approaching for support ranged from 34 in one month (December) to 107 in August and these have included some highly complex cases, including cases classified as an immediate crisis such as violent and aggressive behaviour, missing persons and suicide threats.

We have responded to this increasing need by expanding our Wayfinding team from 4 Wayfinders in March 2022 to 5 at the end of the financial year. This means that we can con�nue to support more people each month with the advice, guidance and support that they need to live well with demen�a.

In the past 12 months, 1,766 individuals with a diagnosis have accessed Wayfinding support (which does not include the many family members and carers), with 6,646 contacts – an increase of over 70% on the previous year. This included 843 new customers who had not previously accessed our service.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Personal Care

Sage House hosts a range of Wellbeing and personal care services for people living with demen�a. This includes assisted bathing, demen�a friendly hairdressing, and therapies such as massage and chiropody. These are a vital service in improving the mental and emo�onal wellbeing of our beneficiaries and helps them to maintain self­esteem.

In the past year we have provided 170 baths, 403 haircuts and 129 therapy appointments.

Outreach – Sage Communi�es

Since 2021 we have been working to expand our services to reach those in the community unable to access services at Sage House. Community brings our demen�a services into the community, reducing isola�on, widening access to services, and removing barriers to support.

We have successfully launched Community by Sage House in 3 areas across West Sussex­ Rus�ngton, Southbourne and Wi�erings. At each venue we offer demen�a friendly ac�vi�es including arts, singing, and physical ac�vi�es, with a Wayfinder on hand to provide free, personalised advice throughout their journey.

Daisy’s Community Café

Daisy’s café is at the heart of Sage House and we have worked hard to create a community café that helps to break down the barriers associated with demen�a. As well as providing a source of income genera�on for the charity, the café is important in achieving our aim of crea�ng a demen�a friendly community.

Demen�a Supporter Programme

We believe that the support we provide to the community and local businesses is vital for them to breakdown the s�gma of the condi�on and to support people living with demen�a in the community. The Demen�a Supporter programme was transformed in early 2023 and is offered to local businesses and community groups.

Centre of Excellence

The culmina�on of each ac�vity has led to a posi�on where Sage House is now locally known and respected for it’s;

This has led to feedback from our customers that the services have led to an improvement in personal health, a reduc�on in loneliness and increased resilience and social connectedness. Carers have reported that they feel more able to cope, reducing the risk of crisis and families are able to be�er plan for the future.

In addi�on, the increased wellbeing felt is leading to longer term independence and reduced interven�on from primary and statutory care providers.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Na�onal Ambi�ons Programme

Given the impact of Sage House on the local service provision for people living demen�a, October 2021, saw the ini�a�on of the Na�onal Ambi�ons Programme with the vision to iden�fy a way in which the Sage House Model of integrated Demen�a Support could be replicated elsewhere. The charity recruited a programme manager to support the CEO with this undertaking.

An academic evalua�on is now underway which is being undertaken by the University of Chichester which involves an 18 month study of the services delivered by Sage House to iden�fy the efficacy of the service, the benefit to customers in terms of mental health, quality of life and quality added life years, and also iden�fy the tangible savings to the health and social care economy, local economy and community impact in terms of reducing s�gma and increasing knowledge of demen�a.

Alongside the evalua�on, the programme scoped throughout the year the blueprint of the model and developed the toolkits needed to support others with replica�ng the Sage House model elsewhere from both a service delivery, marke�ng, and sustainability perspec�ve.

Work commenced with an organisa�on in West Berkshire to pilot the replica�on process.

Pro­bono legal support has been sourced who are advising around what future structures of governance would be best placed to achieve the replica�on of the Sage House model. Agreement has been reached by trustees that this should be undertaken under a Social Franchise license agreement between Demen�a Support and future replicators. In order to safeguard the local Sage House provision a new charity is being considered to take forward this wider na�onal approach as the ar�cles of associa�on will need to address wider na�onal strategic aims.

The trustees con�nue to ensure that records of ac�vity and financial resource are clearly defined and transparent in terms of the expenditure rela�ng to the Na�onal Ambi�ons Programme and that of Sage House running.

Fundraising Ac�vi�es

We have a three­year fundraising strategy in place that is reviewed and adapted on an annual basis to accommodate the macro environment as it changes. We fundraise from a wide range of sources including grants from charitable trusts, individual dona�ons and regular giving, local businesses, events and community fundraising ini�a�ves.

We would like to acknowledge all the hard work done by volunteers giving freely of their �me in organising or hos�ng a myriad of events in aid of the charity, their hard work, much of which is unseen, is greatly appreciated.

Support from individuals dona�ng to the Charity in memory, in response to direct marke�ng appeals or through our monthly regular giving programme are fundamental to achieving income growth. This is a growing area of Charity’s fundraising strategy where more focus will be given in the coming year.

Timothy Roe Fine Jewellery Ltd of Chichester have very kindly made and donated a bespoke jewelled pomander and gold casket for the charity, this will be auc�oned to raise funds in February 2024. The making of this can be viewed on Timothy Roe’s website under “special commissions” it is quite something!

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Dona�ons from charitable trusts con�nue to be an important source of funding for the charity and securing these has become more challenging given the environment within which the Voluntary Sector finds itself. We highly value the partnerships we have developed with our charitable trust funders and would like to thank;

We also extend our thanks to those Charitable Trusts who have requested to stay anonymous, we are very grateful for their support.

The Charity, through the fundraising team and Senior Management will con�nue to priori�se the excellent donor and supporter stewardship programme that it has developed which includes personalised donor journeys to maximise the reten�on of its supporters into the future.

Risk Assessments, health and safety and legal regula�ons for fundraising events undertaken by the charity are overseen and implemented by the Fundraising Team, and where community fundraising ac�vity is carried out “in aid of the charity”, where the charity is no�fied of such, the team are able to support with guidance on safety, legal and risk measures to ensure compliant fundraising.

The Charity is a member of the Fundraising Regulator which means that the Fundraising Code of Prac�ce is followed, and high standards of fundraising are maintained at all �mes.

The aim of the Charity is to ensure that each of our supporters have a good experience and that each of them is treated fairly including those who may be more vulnerable. Each of the fundraising team has received training in regard to demen�a awareness and safeguarding.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Trustees, Staffing & Volunteers

Demen�a Support started the year with a staff team of 33 (29 Full Time Equivalent) as at 1��April which increased to 35 (14 Full Time Equivalent) as at 31��March.

The charity's opera�onal affairs con�nue to be managed by Chief Execu�ve, Sally Tabbner who was joined by Chief Opera�ng Officer Emma Radley, August, 2022.

Our volunteers are very important to the work that we do, and our volunteer base has grown significantly in the last financial year from 39 to 73 ac�ve volunteers providing support to the Charity.

Volunteers con�nue as we write this to do so much for the charity and have a thorough induc�on and training programme, a full suite of policies and a volunteer handbook.

The Trustees would like to record their genuine apprecia�on and thanks for the vast contribu�on made by the volunteers that are registered with Sage House. Volunteers provide support throughout Sage House in the café, recep�on & administra�on roles, by offering support and advice in Wayfinding as well as leading or suppor�ng various ac�vi�es, a�ending Commi�ees or Board Mee�ngs. The charity cannot emphasise enough that without our volunteers’ efforts, the charity would not be able to provide the range and quality of the services that it does.

Financial review

Principal funding sources

The charity's funding is dependent on the dona�ons received as a result of its fundraising ac�vi�es. The charity has appointed a small fundraising team to help achieve its funding goals and seek out par�es willing to make dona�ons towards the charity's objec�ves and ac�vi�es.

Investment policy and objec�ves

The trustees have considered the most appropriate policy for inves�ng surplus funds and has decided that bank deposits are the most appropriate for the charity's current needs at this �me.

Reserves policy

The trustees have considered the future funding needs and commitments of the charity and deem it prudent to hold general unrestricted reserves equivalent to 6 months overheads at any �me.

Fund ac�vity

At the end of the year the charity had closing funds of £1,240,611 (2022: £1,428,806) of which £1,206,550 (2022: £1,356,234) were unrestricted general funds and £34,061 (2022: £72,572) were restricted towards the staffing of the Demen�a Hub.

The trustees have assessed the major risks to which the charity is exposed, and are sa�sfied that systems are in place to mi�gate exposure to the major risks.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Plans for future periods

Future Plans – Sage House

The charity’s aim was to make a posi�ve difference and improve outcomes for people living with demen�a which it is successfully achieving at Sage House in West Sussex. Future plans for 2023/2024 will include how we grow the Day Breaks service to accommodate the growing need and address the wai�ng list, which will include a pilot of opening at Weekends and a full audit of space usage throughout the year to accommodate the growth of the Day Breaks service.

As service uptake has now se�led following the Coronavirus Pandemic, a strategic review and development plan can be established u�lising the stable data and informa�on now available. Given the increase in uptake of the Wayfinder Service, ac�vity is already underway to recruit a further 2 team members to support the growing need for informa�on, advice and emo�onal support.

The Community Outreach Programme, which was successfully launched during 2022, will con�nue to grow as emerging local areas of need are iden�fied. Billingshurst, Yapton and Petworth have already been iden�fied as areas where there is a service lacking for people living with demen�a and a new outreach service will be commencing during 2023/2024 in at least these three areas.

Future Plans – Na�onal Ambi�ons Programme

Work to support the pilot of the West Berkshire replica�on model will con�nue throughout the year and a Memorandum of Understanding has been entered into with Age Concern Newbury & District . The output from this work will be u�lised to finalise the Opera�ons, Fundraising and Marke�ng toolkits for use with further replicators elsewhere in the Country.

Alongside the toolkits, quality standards will be developed to ensure any further replicators are fully conversant and able to ensure that the Sage House Model replica�on is undertaken with the culture and notable high standards of care and support offered by the Centre of Excellence in Tangmere.

Legal advice will con�nue into the year and detailed plan regarding changes in structure and governance, affec�ng both Sage House and the wider programme of work na�onally will be agreed and implemented.

The interim results of the academic evalua�on will be published in early Summer and the full results will be available at the beginning of 2024.

Structure, governance and management

The charity is a limited company, limited by guarantee, as defined by the Companies Act 2006. It is controlled and governed by its Memorandum and Ar�cles of Associa�on.

The charity was incorporated on 16 May 2014 and registered as a charity on 23 September 2014. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

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 K A Coppard (Resigned 20 April 2023)
Mr A J Wickins (Resigned 20 April 2023)
Mrs C T Bogoje
Mr R A Broadribb
Mrs M K Ma�hews
Ms P Nesbit
Mrs S M Ahern (Resigned 21 April 2022)
Dr A Childs
Mr M E Harris (Resigned 20 April 2023)
Dr S Kelly (Resigned 16 June 2022)
Mrs T M Y Kelly
Mr K A Watson
Mr C Thornhill
Mrs C M Cannon (Appointed 17 February 2023)
Ms M Litchfeld (Appointed 21 April 2022)

The directors of the charity are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Ar�cles of Associa�on, a third of all directors must re�re from office each year. They may be re­elected, and the directors may also appoint new directors pursuant to the provisions of the Ar�cles of Associa�on.

The work of the charity is almost en�rely devoted to those effected by demen�a. As a result, the board of trustees seek to ensure that representa�ves from this group and from those who assist them, are members of the board. In addi�on, every effort is made to include a wide skill set including those with business and general medical and social care skills on the board.

No trustee has any beneficial interest in the company.

The charity's Memorandum and Ar�cles of Associa�on s�pulate that there should be no less than three trustee directors but does not restrict to a maximum.

The day to day running of the charitable company is overseen by the Chief Execu�ve Officer who reports to the board of trustees.

Any individual wishing to be a trustee director must complete and sign a declara�on of their willingness to be appointed, must be over the age of 18 years, and not be disqualified from being a director or trustee.

Poten�al trustee directors are invited to a�end a regular board mee�ng and are welcome to ask ques�ons about any aspect of the charity's work. They are invited to make a short presenta�on on the skills they would bring to the Board and how they would contribute to its delibera�ons and decision making. They are also provided with copies of the Charity's published literature and a copy of the Memorandum and Ar�cles of Associa�on.

DEMENTIA SUPPORT

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Risk management

The Board of Trustees are responsible for overseeing the charity's risk management ac�vi�es, but these are iden�fied, reviewed and monitored by our commi�ees. The Board manages the process through a Strategic Risk Register which is updated on an ongoing basis by the CEO and COO and reviewed at each Commi�ee and Board of Trustee mee�ng.

Strategic Risks are iden�fied by commi�ees to review mi�ga�ons and consider new risks which include those of external influence. These are the high­level risks that could prevent Demen�a Support from mee�ng its overall objec�ves. Each risk is described, giving the scenario under which, it may occur and assessed in terms of the impact it would have on the organisa�on and the likelihood of it occurring, given the current controls and mi�ga�on plans in place. Ac�ons required to further mi�gate the risk are iden�fied.

All risks and ac�ons are assigned to a commi�ee. The 'risk appe�te' of the charity is described by the ra�ng a�ributed ­ risks with an Impact­Likelihood score above the threshold are priority risks and require immediate ac�on and close monitoring at both commi�ee and Board of Trustee level. Risks si�ng below the threshold are of lower priority but con�nue to be monitored and assessed throughout the year by the commi�ee.

Review of public benefit

In se�ng out our objec�ves and planning our ac�vi�es, the trustees have given careful considera�on to the Charity Commission's general guidance on public benefit and in par�cular to its supplementary public benefit guidance on fee charging.

Auditor

The auditors, Robert Sadler and Company Ltd, will be proposed for re­appointment at the forthcoming Annual General Mee�ng.

The trustees' report was approved by the Board of Trustees.

Ms P Nesbit

Chair of Trustees

21 December 2023

DEMENTIA SUPPORT

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2023

The trustees, who are also the directors of Demen�a 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 Accoun�ng Standards (United Kingdom Generally Accepted Accoun�ng Prac�ce).

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 applica�on of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

­ select suitable accoun�ng policies and then apply them consistently;

­ observe the methods and principles in the Chari�es SORP;

­ make judgements and es�mates that are reasonable and prudent;

­ state whether applicable UK Accoun�ng Standards have been followed, subject to any material departures disclosed 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 con�nue in opera�on.

The trustees are responsible for keeping adequate accoun�ng records that disclose with reasonable accuracy at any �me the financial posi�on 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 preven�on and detec�on of fraud and other irregulari�es.

In so far as the trustees are aware:

DEMENTIA SUPPORT

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF DEMENTIA SUPPORT

Opinion

We have audited the financial statements of Demen�a Support for the year ended 31 March 2023 which comprise the statement of financial ac�vi�es, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accoun�ng policies. The financial repor�ng framework that has been applied in their prepara�on is applicable law and United Kingdom Accoun�ng Standards, including Financial Repor�ng Standard 102 The Financial Repor�ng Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accoun�ng Prac�ce).

Basis for opinion

We conducted our audit in accordance with Interna�onal Standards on Audi�ng (UK) (ISAs (UK)) and applicable law. Our responsibili�es under those standards are further described in the Auditor's responsibili�es for the audit of the financial statements sec�on of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibili�es in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions rela�ng to going concern

In audi�ng the financial statements, we have concluded that the trustees' use of the going concern basis of accoun�ng in the prepara�on of the financial statements is appropriate.

Based on the work we have performed, we have not iden�fied any material uncertain�es rela�ng to events or condi�ons that, individually or collec�vely, may cast significant doubt on the charity’s ability to con�nue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibili�es and the responsibili�es of the trustees with respect to going concern are described in the relevant sec�ons of this report.

Other informa�on

The other informa�on comprises the informa�on included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other informa�on contained within the annual report. Our opinion on the financial statements does not cover the other informa�on and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other informa�on and, in doing so, consider whether the other informa�on is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we iden�fy such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other informa�on, we are required to report that fact.

We have nothing to report in this regard.

Ma�ers on which we are required to report by excep�on

We have nothing to report in respect of the following ma�ers in rela�on to which the Chari�es (Accounts and Reports) Regula�ons 2008 require us to report to you if, in our opinion:

DEMENTIA SUPPORT

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF DEMENTIA SUPPORT

Responsibili�es of trustees

As explained more fully in the statement of trustees' responsibili�es, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the prepara�on of the financial statements and for being sa�sfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the prepara�on of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to con�nue as a going concern, disclosing, as applicable, ma�ers related to going concern and using the going concern basis of accoun�ng unless the trustees either intend to liquidate the charitable company or to cease opera�ons, or have no realis�c alterna�ve but to do so.

Auditor's responsibili�es for the audit of the financial statements

We have been appointed as auditor under sec�on 144 of the Chari�es Act 2011 and report in accordance with the Act and relevant regula�ons made or having effect thereunder.

Our objec�ves are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further descrip�on of our responsibili�es is available on the Financial Repor�ng Council’s website at: h�ps:// www.frc.org.uk/auditorsresponsibili�es. This descrip�on forms part of our auditor's report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Chari�es (Accounts and Reports) Regula�ons 2008. Our audit work has been undertaken so that we might state to the charity's trustees those ma�ers we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permi�ed by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Robert Alistair Sadler FCA (Senior Statutory Auditor)

for and on behalf of Robert Sadler & Company Limited 21 December 2023 Chartered Accountants Statutory Auditor 30b Southgate Chichester West Sussex PO19 1DP

Robert Sadler & Company Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under sec�on 1212 of the Companies Act 2006.

DEMENTIA SUPPORT

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
funds
2023
Notes
£
Income and endowments from:
Dona�ons and legacies
3
729,234
Charitable ac�vi�es
4
188,696
Other trading ac�vi�es
5
68,640
Investments
6
6,884
Government grants
7
­
Total income
993,454
Expenditure on:
Raising funds
8
215,693
Charitable ac�vi�es
9
927,445
Total expenditure
1,143,138
Gross transfers
between funds
­
Net expenditure for the year/
Net movement in funds
(149,684)
Fund balances at 1 April 2022
1,356,234
Fund balances at 31 March
2023
1,206,550		 Restricted
funds
2023
£
90,970
26,854
­
­
­
117,824
­
156,335
156,335
­
(38,511)
72,572
34,061		 Total
Unrestricted
funds
2023
2022
£
£
820,204
670,667
215,550
119,163
68,640
41,479
6,884
3,816
­
847
1,111,278
835,972
215,693
234,270
1,083,780
700,231
1,299,473
934,501
­
126,261
(188,195)
27,732
1,428,806
1,328,502
1,240,611
1,356,234		 Restricted
funds
2022
£
87,348
37,092
­
­
­
124,440
­
119,792
119,792
(126,261)
(121,613)
194,185
72,572		 Total
2022
£
758,015
156,255
41,479
3,816
847
960,412
234,270
820,023
1,054,293
­
(93,881)
1,522,687
1,428,806

The statement of financial ac�vi�es includes all gains and losses recognised in the year.

All income and expenditure derive from con�nuing ac�vi�es.

The statement of financial ac�vi�es also complies with the requirements for an income and expenditure account under the Companies Act 2006.

DEMENTIA SUPPORT

BALANCE SHEET

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
14
Current assets
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within one
year
16
Net current assets
Total assets less current liabili�es
Income funds
Restricted funds
18
Unrestricted funds
Designated funds
19
General unrestricted funds		 2023
£
103,020
670,973
773,993
(192,098)
658,716
547,834		 £
658,716
581,895
1,240,611
34,061
1,206,550
1,240,611		 2022
£
99,680
724,993
824,673
(97,130)
701,263
654,971		 £
701,263
727,543
1,428,806
72,572
1,356,234
1,428,806

The company is en�tled to the exemp�on from the audit requirement contained in sec�on 477 of the Companies Act 2006, for the year ended 31 March 2023, although an audit has been carried out under sec�on 144 of the Chari�es Act 2011.

The directors acknowledge their responsibili�es for complying with the requirements of the Companies Act 2006 with respect to accoun�ng records and the prepara�on of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in ques�on in accordance with sec�on 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 21 December 2023

Ms P Nesbit

Trustee

Company registra�on number 09044373

DEMENTIA SUPPORT

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2023

Notes
Cash fows from opera�ng ac�vi�es
Cash absorbed by opera�ons
25
Inves�ng ac�vi�es
Purchase of tangible fxed assets
Investment income received
Net cash used in inves�ng ac�vi�es
Net cash used in fnancing ac�vi�es
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2023
£
(10,527)
6,884		 £
(50,377)
(3,643)
­
(54,020)
724,993
670,973		 2022
£
(9,721)
3,816		 £
(46,940)
(5,905)
­
(52,845)
777,838
724,993

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accoun�ng policies

Charity informa�on

Demen�a Support is a private company limited by guarantee incorporated in England and Wales. The registered office is Sage House, City Fields Way, Tangmere, West Sussex, PO20 2FP, England.

1.1 Accoun�ng conven�on

The financial statements have been prepared in accordance with the charity's Ar�cles of Associa�on, the Companies Act 2006 and "Accoun�ng and Repor�ng by Chari�es: Statement of Recommended Prac�ce applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland (FRS 102) (effec�ve 1 January 2019)". The charity is a Public Benefit En�ty as defined by FRS 102.

The financial statements are prepared in sterling, which is the func�onal currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost conven�on. The principal accoun�ng policies adopted are set out below.

1.2 Going concern

At the �me of approving the financial statements, the trustees have a reasonable expecta�on that the charity has adequate resources to con�nue in opera�onal existence for the foreseeable future. Thus the trustees con�nue to adopt the going concern basis of accoun�ng in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discre�on of the trustees in furtherance of their charitable objec�ves.

Designated funds are unrestricted, but deemed to have a specific purpose by the trustees and therefore kept seperate from the general unrestricted funds. The charity iden�fies it's capital reserve as being as being funds held by the charity which were acquired from unrestricted dona�ons and that are invested in fixed assets (that is improvements to property, fixtures and fi�ngs and computer equipment) and are thus not funds that are available to meet the general running costs of the charity.

Restricted funds are subject to specific condi�ons by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific condi�ons by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally en�tled to it a�er any performance condi�ons have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash dona�ons are recognised on receipt. Other dona�ons are recognised once the charity has been no�fied of the dona�on, unless performance condi�ons require deferral of the amount. Income tax recoverable in rela�on to dona�ons received under Gi� Aid or deeds of covenant is recognised at the �me of the dona�on.

Dona�ons in kind are accounted for at a reasonable es�mate of their value to the charity or the actual amount actually realised. Dona�ons in kind for sale or distribu�on are included in the accounts as gi�s only when sold or distributed by the charity. Dona�ons in kind for use by the charity are included in the Statement of Financial Ac�vi�es as incoming resources when receivable.

Legacies are recognised on receipt or otherwise if the charity has been no�fied of an impending distribu�on, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a con�ngent asset.

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

1 Accoun�ng policies

(Con�nued)

Investment income is recognised when receivable.

1.5 Expenditure

Liabili�es are recognised as expenditure as soon as there is a legal or construc�ve obliga�on commi�ng the charity to that expenditure, it is probable that a transfer of economic benefits will be required in se�lement and the amount of the obliga�on can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly a�ributed to par�cular headings they have been allocated to ac�vi�es on a basis consistent with the use of resources.

Expenditure on charitable ac�vi�es includes all expenditure directly rela�ng to the objects of the charity. Expenditure on the raising of funds represents expenditure incurred in genera�ng income to finance the charity's ac�vi�es and governance.

1.6 Tangible fixed assets

Tangible fixed assets are ini�ally measured at cost and subsequently measured at cost or valua�on, net of deprecia�on and any impairment losses.

Deprecia�on is recognised so as to write off the cost or valua�on of assets less their residual values over their useful lives on the following bases:

Leasehold improvements In line with the lease term (see below) Fixtures and fi�ngs 5 years straight line Computers 3 years straight line

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 recognised in the statement of financial ac�vi�es.

All computer so�ware purchased by the charitable company is treated as revenue expenditure in the period in which it is incurred given that it is deemed to have no redeemable future value.

The improvements to the property leased by the charitable company are depreciated in line with the remaining lease term. The lease for Sage House started in June 2016 and has a term of 25 years. The lease for the addi�onal parking at Sage House commenced from 8th December 2022 and has a term that runs concurrently with that of Sage House.

It is the charitable company's policy to capitalise assets with ini�al costs in excess of £250 only.

1.7 Impairment of fixed assets

At each repor�ng end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indica�on that those assets have suffered an impairment loss. If any such indica�on exists, the recoverable amount of the asset is es�mated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short­term liquid investments with original maturi�es of three months or less, and bank overdra�s. Bank overdra�s are shown within borrowings in current liabili�es.

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

1 Accoun�ng policies

(Con�nued)

1.9 Financial instruments

The charity has elected to apply the provisions of Sec�on 11 ‘Basic Financial Instruments’ and Sec�on 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabili�es 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 inten�on to se�le on a net basis or to realise the asset and se�le the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are ini�ally measured at transac�on price including transac�on costs and are subsequently carried at amor�sed cost using the effec�ve interest method unless the arrangement cons�tutes a financing transac�on, where the transac�on 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 amor�sed.

Basic financial liabili�es

Basic financial liabili�es, including creditors and bank loans are ini�ally recognised at transac�on price unless the arrangement cons�tutes a financing transac�on, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabili�es classified as payable within one year are not amor�sed.

Debt instruments are subsequently carried at amor�sed cost, using the effec�ve interest rate method.

Trade creditors are obliga�ons to pay for goods or services that have been acquired in the ordinary course of opera�ons from suppliers. Amounts payable are classified as current liabili�es if payment is due within one year or less. If not, they are presented as non­current liabili�es. Trade creditors are recognised ini�ally at transac�on price and subsequently measured at amor�sed cost using the effec�ve interest method.

Derecogni�on of financial liabili�es

Financial liabili�es are derecognised when the charity’s contractual obliga�ons expire or are discharged or cancelled.

1.10 Taxa�on

The charity is exempt from corpora�on tax on its charitable ac�vi�es.

1.11 Employee benefits

The cost of any unused holiday en�tlement is recognised in the period in which the employee’s services are received.

Termina�on benefits are recognised immediately as an expense when the charity is demonstrably commi�ed to terminate the employment of an employee or to provide termina�on benefits.

1.12

Payments to defined contribu�on re�rement benefit schemes are charged as an expense as they falldue.

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

2 Cri�cal accoun�ng es�mates and judgements

In the applica�on of the charity’s accoun�ng policies, the trustees are required to make judgements, es�mates and assump�ons about the carrying amount of assets and liabili�es that are not readily apparent from other sources. The es�mates and associated assump�ons are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these es�mates.

The es�mates and underlying assump�ons are reviewed on an ongoing basis. Revisions to accoun�ng es�mates are recognised in the period in which the es�mate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Dona�ons and legacies

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Dona�ons and gi�s
622,638
90,970
Legacies receivable
106,596
­
729,234
90,970		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
713,608
669,126
87,348
106,596
1,541
­
820,204
670,667
87,348		 Total
2022
£
756,474
1,541
758,015

4 Charitable ac�vi�es

Demen�a
support
service
Demen�a
support
service
2023
2022
£
£
Sales within charitable ac�vi�es
230,311
125,843
Performance related grants
(14,761)
30,412
215,550
156,255
Analysis by fund
Unrestricted funds
188,696
119,163
Restricted funds
26,854
37,092
215,550
156,255		 Demen�a
support
service
Demen�a
support
service
2023
2022
£
£
Sales within charitable ac�vi�es
230,311
125,843
Performance related grants
(14,761)
30,412
215,550
156,255
Analysis by fund
Unrestricted funds
188,696
119,163
Restricted funds
26,854
37,092
215,550
156,255		 Demen�a
support
service
Demen�a
support
service
2023
2022
£
£
Sales within charitable ac�vi�es
230,311
125,843
Performance related grants
(14,761)
30,412
215,550
156,255
Analysis by fund
Unrestricted funds
188,696
119,163
Restricted funds
26,854
37,092
215,550
156,255
2023
£
230,311
(14,761)
215,550
188,696
26,854
215,550		 2022
£
125,843
30,412
156,255
119,163
37,092
156,255

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

5 Other trading ac�vi�es

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Café, shop, hairdressers and facili�es hire 68,640 41,379
Other income ­ 100
Other trading ac�vi�es 68,640 41,479

6 Investments

Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Rental income
3,750
3,750
Interest receivable
3,134
66
6,884
3,816
7
Government grants
Total
Unrestricted
funds
2023
2022
£
£
Coronavirus Job Reten�on Scheme
­
847		 Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Rental income
3,750
3,750
Interest receivable
3,134
66
6,884
3,816
7
Government grants
Total
Unrestricted
funds
2023
2022
£
£
Coronavirus Job Reten�on Scheme
­
847		 Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Rental income
3,750
3,750
Interest receivable
3,134
66
6,884
3,816
7
Government grants
Total
Unrestricted
funds
2023
2022
£
£
Coronavirus Job Reten�on Scheme
­
847
3,816
Total
Unrestricted
funds
2023
2022
£
£
­
847

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

8 Raising funds

Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Fundraising and publicity
Adver�sing
33,220
801
Other fundraising costs
2,946
38,507
Staf costs
122,354
160,977
Fundraising and publicity
158,520
200,285
Trading costs
Café supplies
22,909
10,145
Staf costs
34,264
23,840
Trading costs
57,173
33,985
215,693
234,270
Charitable ac�vi�es
Demen�a
support
service
Demen�a
support
service
2023
2022
£
£
Staf costs
381,341
293,997
Day care, therapy sessions and workshops
10,371
19,948
391,712
313,945
Share of support costs (see note 10)
678,143
494,600
Share of governance costs (see note 10)
13,925
11,478
1,083,780
820,023
Analysis by fund
Unrestricted funds
927,445
700,231
Restricted funds
156,335
119,792
1,083,780
820,023		 Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Fundraising and publicity
Adver�sing
33,220
801
Other fundraising costs
2,946
38,507
Staf costs
122,354
160,977
Fundraising and publicity
158,520
200,285
Trading costs
Café supplies
22,909
10,145
Staf costs
34,264
23,840
Trading costs
57,173
33,985
215,693
234,270
Charitable ac�vi�es
Demen�a
support
service
Demen�a
support
service
2023
2022
£
£
Staf costs
381,341
293,997
Day care, therapy sessions and workshops
10,371
19,948
391,712
313,945
Share of support costs (see note 10)
678,143
494,600
Share of governance costs (see note 10)
13,925
11,478
1,083,780
820,023
Analysis by fund
Unrestricted funds
927,445
700,231
Restricted funds
156,335
119,792
1,083,780
820,023		 Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Fundraising and publicity
Adver�sing
33,220
801
Other fundraising costs
2,946
38,507
Staf costs
122,354
160,977
Fundraising and publicity
158,520
200,285
Trading costs
Café supplies
22,909
10,145
Staf costs
34,264
23,840
Trading costs
57,173
33,985
215,693
234,270
Charitable ac�vi�es
Demen�a
support
service
Demen�a
support
service
2023
2022
£
£
Staf costs
381,341
293,997
Day care, therapy sessions and workshops
10,371
19,948
391,712
313,945
Share of support costs (see note 10)
678,143
494,600
Share of governance costs (see note 10)
13,925
11,478
1,083,780
820,023
Analysis by fund
Unrestricted funds
927,445
700,231
Restricted funds
156,335
119,792
1,083,780
820,023
200,285
10,145
23,840
33,985
234,270
Demen�a
support
service		 Demen�a
support
service
2023
£
381,341
10,371
391,712
678,143
13,925
1,083,780
927,445
156,335
1,083,780		 2022
£
293,997
19,948
313,945
494,600
11,478
820,023
700,231
119,792
820,023

9 Charitable ac�vi�es

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

10 Support costs

Support costs
Governance
costs
£
£
Staf costs
400,837
­
Deprecia�on
53,074
­
Opera�ng lease charges
98,513
­
U�li�es
24,881
­
Insurance
9,982
­
Ofce costs
34,858
­
Adver�sing
8,367
­
Repairs and maintenance
27,485
­
Travel and subsistence
1,787
­
Subscrip�ons
3,703
­
Bank charges
4,539
­
VAT unreclaimable
10,117
­
Audit fees
­
2,500
Legal and professional
­
9,011
Recruitment
­
2,414
678,143
13,925
Analysed between
Charitable ac�vi�es
678,143
13,925		 2023 Support costs
Governance
costs
£
£
£
400,837
282,015
­
53,074
62,732
­
98,513
63,438
­
24,881
16,271
­
9,982
6,692
­
34,858
27,308
­
8,367
6,134
­
27,485
23,055
­
1,787
275
­
3,703
5,180
­
4,539
2,986
­
10,117
(1,486)
­
2,500
­
2,500
9,011
­
3,273
2,414
­
5,705
692,068
494,600
11,478
692,068
494,600
11,478		 2022
£
282,015
62,732
63,438
16,271
6,692
27,308
6,134
23,055
275
5,180
2,986
(1,486)
2,500
3,273
5,705
506,078
506,078

11 Trustees

None of the trustees (or any persons connected with them) received any remunera�on or benefits from the charity during the year.

12 Employees

The average monthly number of employees during the year was:

Care, ac�vi�es and outreach
Finance and administra�on
Fundraising
Catering
Wayfnding
Total		 2023
Number
11
8
8
3
6
36		 2022
Number
12
6
6
2
3
29

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

12
Employees
Employment costs
Wages and salaries
Social security costs
Other pension costs		 (Con�nued)
2023
2022
£
£
825,173
688,732
66,725
56,618
15,099
13,032
906,997
758,382		 (Con�nued)
2023
2022
£
£
825,173
688,732
66,725
56,618
15,099
13,032
906,997
758,382
758,382

The number of employees whose annual remunera�on was more than £60,000 is as follows:

follows:
2023 2022
Number Number
£60,000 to £70,000 1 ­

13 Taxa�on

The charity is exempt from tax on income and gains falling within sec�on 505 of the Taxes Act 1988 or sec�on 252 of the Taxa�onof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

14 Tangible fixed assets

Leasehold
improvements
£
Cost
At 1 April 2022
871,400
Addi�ons
­
At 31 March 2023
871,400
Deprecia�on and impairment
At 1 April 2022
189,434
Deprecia�on charged in the year
39,859
At 31 March 2023
229,293
Carrying amount
At 31 March 2023
642,107
At 31 March 2022
681,966		 Fixtures and
f�ngs
£
68,590
2,295
70,885
63,947
3,101
67,048
3,837
4,643		 Computers
£
51,551
8,232
59,783
36,897
10,114
47,011
12,772
14,654		 Total
£
991,541
10,527
1,002,068
290,278
53,074
343,352
658,716
701,263

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

15
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 2023
£
21,071
40,887
41,062
103,020		 2022
£
47,251
25,239
27,190
99,680

16 Creditors: amounts falling due within one year

Notes
Other taxa�on and social security
Deferred income
17
Trade creditors
Other creditors
Accruals and deferred income		 2023
£
­
157,968
9,617
9,041
15,472
192,098		 2022
£
16,384
38,750
29,736
4,078
8,182
97,130

17 Deferred income

Other deferred income 2023
£
157,968		 2022
£
38,750
Deferred income is included in the fnancial statements as follows:
Deferred income is included within:
Current liabili�es
Movements in the year:
Deferred income at 1 April 2022
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2023		 2023
£
157,968
38,750
(38,750)
157,968
157,968		 2022
£
38,750
­
­
38,750
38,750

(n ri ¢AI ui ui o %fi Ln O Ln t mm tn c<i ¢n o 000 000 0￿)00 000 88 888 ovoo TT 000 E E

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

19 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Capital reserve Balance at
1 April 2021
£
754,274
754,274		 Movement in
Incoming
resources
£
9,721
9,721		 funds
Resources
expended
£
(62,732)
(62,732)		 Balance at
1 April 2022
£
701,263
701,263		 Movement in
Incoming
resources
£
10,527
10,527		 funds
Resources
expended
Balance at
31 March 2023
£
£
(53,074)
658,716
(53,074)
658,716		 funds
Resources
expended
Balance at
31 March 2023
£
£
(53,074)
658,716
(53,074)
658,716
658,716

Capital reserve

These are funds held by the charity which were acquired from unrestricted dona�ons and that are invested in fixed assets (that is improvements to property, fixtures and fi�ngs and computer equipment) and are thus not funds that are available to meet the general running costs of the charity.

20 Analysis of net assets between funds

Unrestricted
funds
2023
£
Fund balances at 31
March 2023 are
represented by:
Tangible assets
658,716
Current assets/(liabili�es)
547,834
1,206,550		 Restricted
funds
2023
£
­
34,061
34,061		 Total
Unrestricted
funds
2023
2022
£
£
658,716
701,263
581,895
618,843
1,240,611
1,320,106		 Restricted
funds
2022
£
­
108,700
108,700		 Total
2022
£
701,263
727,543
1,428,806

21 Opera�ng lease commitments

The charity leases its premises and the associated parking under separate leases that both end on 31st May 2041, the leases have break clauses that may be exercised (subject to condi�ons and appropriate no�ce being given) on 31st May 2026 and 31st May 2031. The remaining lease term as at 31st March 2023 is 18 years and two months. The proper�es were leased from a related party, Friday Estates Ltd (see note 22) , this ceased on 13th January 2023 when the property was sold to an unrelated party. At the repor�ng end date the charity had outstanding commitments for future minimum lease payments under non­cancellable opera�ng leases, which fall due as follows:

Between two and fve years
In over fve years		 2023
£
­
107,140
107,140		 2022
£
3,750
60,000
63,750

DEMENTIA SUPPORT

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

22 Related party transac�ons

Friday Estates Ltd is a company under the control of the trustee, Mr A J Wickins (who resigned as a trustee on 20th April 2023). Friday Estates Ltd was, up to 13th January 2023, the freehold owner of Sage House and the car park, which are the premises from which the charity operates. The charity paid Friday Estates Ltd rent of £84,538 in the period up to the date that the property was sold to an unrelated third party, this was an appor�onment of the open market rent payable for the year.

23 Ul�mate controlling party

The charitable company is under the control of its members. No one member has sufficient vo�ng rights to control the charitable company.

24 Legal status

The charity is incorporated as a company limited by guarantee having no share capital and, in accordance with the Memorandum of Associa�on every member is liable to contribute £1 in the event of the company being wound up.

25
Cash generated from opera�ons
Defcit for the year
Adjustments for:
Investment income recognised in statement of fnancial ac�vi�es
Deprecia�on and impairment of tangible fxed assets
Movements in working capital:
(Increase) in debtors
(Decrease) in creditors
Increase in deferred income
Cash absorbed by opera�ons
26
Analysis of changes in net funds		 2023
£
(188,195)
(6,884)
53,074
(3,340)
(24,250)
119,218
(50,377)		 2022
£
(93,881)
(3,816)
62,732
(44,039)
(6,686)
38,750
(46,940)

The charity had no debt during the year.