Chaiyty registration number 1158640 IEn8land and Walesl
Company registration number 09044373
SAGE HOUSE TANGMERE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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SAGE HOUSE TANGMERE
LEGAL AND ADMINisfRATIVE INFORMATION
Trustees
Mrs C T Bogoje
Mr R A Broadribb
Mrs M K Matthews
Ms P Nesbit
Dr A Childs
Mrs T M Y Mccall
Mr C Thornhill
Mrs C M Cannon
Ms M Litchfield
MrA H Faure
Ms D L Day Lafferty
(Appointed 22 August 20241
Charity number
1158640
Company number
09044373
Registered office
Sage House
City Fields Way
Tangmere
West Sussex
England
P020 2FP
Auditor
Robert Sadler & Company Limited
30b Southgate
Chichester
West Sussex
P019 IDP
Bankers
Nation31 Westminster Bank PIC
Chichester Branch
5 East Street
Chichester
West Sussex
P019 IHH
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SAGE HOUSE TANGMERE
CONTENTS
Page
Trustees, report
i-ii
ststement of trustees, responsibilities
12
Independent audttor's report
13-14
Statement of financial activities
15
Balance sheet
16
Statement of cash flows
17
Notes to the financial statements
18-30
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Art 2006, present their report with the
financial statements of the charity for the year ended 31 March 2025.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities p￿parIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 (effective l January 20151. The charity's name was changed at Companies House and Charitv
Commi55ion for England and Wale5 on 19th February 2025 from Dementia Support to Sage House Tangmere. This enables the
name Dementia Support to be used for an independent charity focussed on the National Ambitions Plan.
Objectives and Activities
The charity (then named Chichester Dementia Support Group) was started in 2014 by a group of local people who had been
personally touched by dementia.
Dementia is an umbrella term for a range of conditions affecting physical, cognitive. communication and memory abilities. It is
a terminal disease developing into the complete inabiltty to lead an independent life and brings substsntial worry and
responsibilities for loved ones who care for them. Dementia is the leading cause of death in the UK and there is no cure. Loved
ones close to someone with dementia find themselves recast in the role of carer- trying their best to look after someone dear
to them, whi15t at the same time witnessing their decline. The impact on c3rer5 cannot be understated, and they require
significant support themselves.
It Is estimated that there are 982,000 people wwth dementia in the UK and this continues to grow. The total c05t of care for
people with dementia in the UK is £34.7billion. This is set to grow sharply over the next two decades, to £94.Ibillion by 2040
as prevalence grows. This is despite the huge efforts of unpaid carers, without whom the system would not be able to cope. It
is estimated that l in 2 people will be affected by dementia in their lifetime, either by developing the disease or caring for a
loved one.
Across West Sussex. we estimate that there is over 18.(M)O people living with dementia Iwest Sussex Joint Dementia Strategy,
2020-231 and this is expected to increase by 36% by 2030. as the population ages- age 15 the greatest risk factor in developing
dementia. Chichester District has the 9th highest prevalence of dementia in the UK- 35% higher than the national average
(Alzheimer's Statistics Hubl.
The high prevalence of dementia in our Courity is not surprising given we already have an older age profile than m05t with
25% of the population Cur￿ntlY 65 years old and over. The need for dementia care and support in Chichester is only going to
increase.
The last Government announced that a new 10-year plan to ts¢kle dementia which was due to be published late in 2022, yet
no specific plan for the condition has been released.
In january 2023, dementia appeared in the pvblishment of the Major Conditions Strategy, along with a h05t of other
conditions and although the new government made commitments in their manifesto to improve the NHS in England, we a
yet to hear what plans will be put in pla￿ to ensure people living with dementia have access to consistent, reliable services
and support.
The charity's 2014 feasibilty study revealed that navigating the complex journey of dementia care was extremely difficult.
Interviews at local support groups highlighted the need for a collaborative service and a clear desire among those affected to
keep active and remain at home. This research a150 revealed that the provision of service5 locally was fragmented. It was
agreed that significant benefits could be derived from offering a dedicated, purpose-built facility that would allow all aspects
of care to be provided and coordinated from a central location- which became Sage House. In addition, people expressed the
wish for a "buddy" system that could help them navigate the journey. A concept which led to the creation of our Wayfinder
Service.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
From the beginning. Sage House has been built upon and embraces a culture of collaboration. We invite other services to
work closely with us to join up provision locally. Our aim to provide excellent dementia support across West Sussex- including
Chichester, Bognor Regis, Se15ey and the Witterings to the South, Em5WOrth up to Midhur5t in the West, Petworth,
Billingshurst. Littlehampton and Rustington. in the east.
Dementia 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.
Sage House is a first of rts kind dementia hub. helping those with dementia to navigate the services they need, live
independently for longer an(J to make the best of each (Jay through a holistic range of services. We provide personalised,
practical. and emotional support at every stage of the dementia journey. from pre4iagnosis to end of life care and support
following a105S- SUPPOrt not available anywhere else.
Since 2018 Sage House has offered a full range of dementia-specific services. The building has been specially designed to meet
the needs of people with dementia. with colour-coded zones for the different services we ofler. Services include our
Wayfinding advice service, well-being activities, Day Breaks respite care, well-being course for carer5, personal care such as
assisted bathing or dementia friendly hairdresser. Smart Zone technology area for independent living and a dementia-friendlv
community cafe.
Most customers first interaction is through our Wayfinding service, often soon after receiving a dementia diagnosis when
families need both practical advice and emotional support to make sense of the journey ahead. It also acts as a central setvice
that almost all customers use and is one of the key pillars of Sage House and Dementia Support.
Our services wrap around the needs of the person living with dementia and their carers to ensure they are supported in the
best way possible. Each person experiences dementia differently, leaving each person needing individualised support. Our
seamless. holistic care now ensures over 2.800 people a year. an increase of 70% since 2020. can make the best of each day.
Connect with the services they need, cope with new challenges, minimise the chance of crises, delay the decline in the person
with dementia, reduce social isolation and loneliness. The results from our academic evaluation, carried out by University of
Chichester are testament to the work of the charity. demonstrating that our model is more cost effective and provides better
outcomes for the people affected than the usual care provided.
Achievements and performance
Day Breaks
This year has seen a rapid expansion of our Day Breaks service in response to the need of our customers. As our waiting list
grew, we knew we could not leave people waiting for respite care. Previously we have welcomed 15 people each day but have
now grown to have 26 people on three days. and 16 on two days each week in our Day Breaks. This means we offer a total of
110 places each week.
Our Day Breaks is designed to be a sociable and stimulating environment- packed with meaningful activities that engage
people and keep them active. We provide excellent care with a 1=3 ratio meaning we can accommodate people's needs
including personal care, medication and supporting those with mobility difficulties.
Day Breaks provides carers with vital respite from the responsibilities of caring for a loved one with dementia. It enables
people to take a break and look after themselve5 or in some instances continue working. This enables families to keep their
loved one living at home for as long as possible.
151 people attended Day Break sessions in the past 12 months. meaning over 151 carers benefitted from some respite and
we have provided 4.459 days of respite care.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Wellbeing Activities
Our activity program. offered free of charge. aims to engage people living with dementia in meaningful activities designed to
promote cognitive stimulation. With arh evolving programme, and new activities to keep life connected, purposeful and joyful.
Over the past year we have introduced bowlin& gardening. quizzes and games. These are in addition to existing well-loved
activities such as Singing for the Soul. Bingo. Painting for Fun and more. The program has been designed to provide a
combination of physical activity and cognitive stimulation.
The expansion of Day Breaks into the activity room. has changed the way we deliver our activities utilising the Smart Zone and
Cafe to continue providing a high-quality program.
Since November 2022 we have provided the service free of charge. with an optional voluntary donation from attendees to
ensure accessibility to all. This aligns to our community warm space initiative ensuring people have a warm, welcoming and
engaging space to use during the day.
Our total attendance increased at our activities in 2024125. with 6,286 attendances. Including our Chatter Tables we provided
699 se55ions.
Cognitive Stimulation Therapy ICSTI
Cognitive Stimulation Therapy ICSTI is an evidence-based intervention that aims to help people living with dementia to
improve their recall and thinking skills. Our CST groups have shown clear improvements in concentration, remembering
people, clarity of thoughts, decision making and confidence.
Each group participates in a six-week block of activities, following a set program. Using techniques such as guided
reminiscence, facilitated (Jiscussions and funttional attivities we support people to be more independent and increase their
confidence in daily tasks.
All participants go through a Careful suitability process to ensure it is the right intervention for them and we continuously
evaluate participants to measure their progress. Topics covered include sound & vision, early years, digital familiarisation,
currency and money, travel and holidays and current affairs. The person living with dementia attends without a carer or loved
one to help increase their confidence and independence.
Supporting Carers- Empowering Carers
Empowering Carers is our series of education workshops for carers that aim to provide information on a range of topics that
are important for carer5 to understand when caring for a loved one with dementia.
Led by our Wayfinders, we deliver these concurrently with our Cognitive Stimulation Therapy sessions enabling the carer to
take part whi15t their loved one is engaged in the beneficial CST sessions. Each course run5 over 4 week5 With 4 different 2-
hour sessions. Sessions cover the following topics=
Advice and support for carers who are familY/friends
A chance to enhance knowledge of dementia
Practical tips and strategies for managing dementia
An insight into what it is like for people living with dementia symptoms
An opportunity for discussion about being a dementia carer
Exploring different ways of getting dementia support and maintaining health and wellbeing
A chance to meet the dementia support professionals and ask questions
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support groups and training
As the need for Wayfinding support has grown. we have needed to find new ways to support everyone who needs our help.
Through the group 5ession5 we provide people with an increased understanding of different aspect5 of dementia- dependent
on their needs.
We also aim to unlock the power of peer support by creating new connection5 and bringir)g people together through shared
experiences and challenges. This has created ongoing friendships and support networks to be formed, which last long beyond
our facilitation, meaning people have others to call on when they need it for support. Our first Grief Cafe group from 2022
continue to meet regularly to support each other.
The total attendance is 340. with people joining groups including:
Carers Support
Empowering people living with dementia
Couples, conversations- learning and living with dementia
Bereavement support
Wayfinding
At the heart of our approach is our unique Wayfinding service that aims to change the way people with dementia, their
families, and carers are sUPPOrted. Each family has a named Wayfinder providing 1=1 ongoing advice and emotional sUPPOrt.
Crucially, the same WayFinder supports the family through the enti￿ dementia journey, meaning those in need can always
speak to someone who understands their story and can help guide them through all the challenges that dementia brings. We
support people face to face at Sage House or in the community. on the phone. by email. or as part of our Support Groups.
Vitally, the service provides emotional 5UPPOrt, alongside practical advice, ensuring people have acce55 to a listening ear who
can help them cope with the emotional challenges they face.
The service is provided completely free of charge at every stage of the dementia journey. Support 15 available pre-diagnosis.
meaning people are helped earlier and through to end of life, with the family supported through the grieving process. There
are no formal referral requirements lother than being afferted by memory lossl so people are never left without support- this
was particularly important whilst the NHS paused their assessments.
"It is very reossuring to know thot I now hove o reol person out there who knows whots goirtg on ond con give me odvice ond
contort informotion. l om hugely groteful ond relieved. I hovefvlt quite olone with the dpmentio problem. ond I nowfvel I have
support to help me"
Over the past 12 months. the Wayfinding team increased to 8 members and supported 3,198 people affected by dementia.
Currently they are supporting over 1,200 families.
Personal Care
Within Sage House we have specially designed therapy, hairdressing and bathing rooms which assist people living with
dementia with daily personal care activities that often become a challenge. Supported by volunteers and specialists from local
5ervice5, we are able to offer chiropody, massage and hairdressing.
Crucially, we also have an adapted bathroom with a hoisted chair for those with limited mobility. Our stsff offer assisted baths.
helping families to maintain personal hygiene for their loved whilst preserving dignity for all.
In the past year we have provided 855 personal care appointments, an increase on previous year
Outreach- Sage Communities
Our Community Outreach venues bring our dementia services to local communities across West Sussex. We aim to ￿ach mo
people and make dementia support more accessible by delivering artivities and group support sessions, with Wayfinders on
hand to provide advice and emotional support.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Each sessions include beneficial activities and a WayFinder is on hand to provide free advice, guidance and emotional support.
Typically. we will have a facilitated group discussion which could be guided reminiscence. educating attendees about dementia
or just di5CU55ing current affair5. We are currently exploring opportunitie5 to reach more communitie5 to provide 5UPPOrt,
bring people together and enable peer support.
Over the course of this year, we have been expanding our community provision.
We run regular sessions in Felpham, Parklands, Southbourne, Yapton, Rustington and Wittering's.
In the last 12 months. providing 225 sessions wwth a total attendance of 4.367.
Daisy's Community Café
Daisy's café is a integral part of the Sage House approach. It provides a warm welcome to everyone and is a focal point of our
hub. Daisy's Cafe is open to all and is a community café that aims to break down the barriers and reduce the stigma of
dementia. Often, it can be a way for families to bring their loved one to Sage House. for tea and cake. without "labelling"
them. It provides a source of income for the Charity but supports our mission of creating 3 welcoming environment that is
fully accessible to people living with dementia.
In 2024125 we have been able to estsblish a regular calendar of events and entertainment within the cafe. Often offered as an
afternoon tea, with entertainment kindly funded by Boxgrove Arts Society, we have had singers a Harpist, and impressionist.
Every event is fully booked within days of being advertised and helps generate income, whilst providing our customers with a
unique and special experience.
Throughout winter 2024125, Daisy's Cafe acted as a warm space for the local community for those in need. We offered soup
and a roll for £1, continued to stock "Daisy's Larder" lour small food bank) and offer a "Pay It Forward" scheme, where people
can pay for a meal which can be redeemed by someone else who needs it.
Dementia Supporter Programme
In order to support the growth of our Dementia Supporter program, we employed an Education and Learning Coordinator who
took post in May 2023.
We recognise that alongside support received within Sage House and through our Wayfinding and Outreach services, there
are still many areas of everyday life where people living with dementia feel uncomfortable, unwelcome or find daily task5 too
challenging. This reduces independence, increases isolation and has a negative impact on their quality of life and wellbeing. As
part of our vision "a society where dementia is wholly understood and accepted. enabling people living with dementia to be
fully supported throughout the whole of their journey~ we wanted to help people in the wider community feel accepted and
supported.
We created Dementia Supporter training to address this need. If we want dementia to be wholly understood and accepted in
Society, it is vital that we educate the local community and the public about dementia. Through thi5 program we aim to
increase understanding, reduce stigma, and help people to make changes that will see our community be truly welcoming and
accessible for people living with dementia.
Each session lasts for 45 minutes and provides an overview of dementia, as well as practical learnings that will make a
meaningful difference to the experience of those affected. We offer the training to local businesses, as well as statutory
services. This has led to closer partnerships with Sussex Police. Fire & Rescue and many GP surgeries in our local area.
We have now expanded our offer to include our Dementia Distinction programme, which aims to support professional carers
working in the social care sertor to have a better understanding of how to support customers living with dementia.
Centre of Excellence
Sage House prides itself on the range and quality of seNices provided within the local community.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Dementia is at the forefront of what we do, providing a person-centred approach which includes both the person living with
dementia. their carers, and families.
Sage House is unique in its approach, people tell their story once and know that there is someone there to support them
through their journey for as long as they need it. We work closely in partnership with other charities and organisations to
ensure a warm handover smooths the way for those accessing support outside of Sage House.
Our role is to fill gaps locally and not duplicate where others have the expertise and for this reason many charities are co-
located within Sage House.
We have a high staff retention rate as we operate a Values Based Recruitment philosophy- the vast majority of our team have
lived experience and share our passion to provide excellent services for those efferted by dementia.
You do not need to have a diagnosis to access any of the services provided by Sage House, there is no eligibility criteria.
National Ambitions Programme- Dementia Support
Given the impact of Sage House on the local service provision for people living dementia, October 2021, saw the initiation of
the National Ambitions Programme with the vision to identify a way in which the Sage House Model of integrated Dementia
Support could be replicated elsewhere. The charity recruited programme support to aid the CEO with this undertaking.
The interim results of the academic evaluation being undertaken by the University of Chichester deliVe￿d its interim findings
in January 2024. The full evaluation results. including the much-awaited comparative study, were released in May 2024.
The evaluation comprised an 18-month study of the 5ervice5 delivered by Sage House to identify the efficacy of the service,
the benefit to customers in terms of mental health, quality of life and also identify the tsngible savings to the health and social
care economy, local economy and community impact in terms of reducing stigma and increasing knowledge of dementia.
The final results of the academic evaluation were launched in the Houses of Parliament at an event in May 2024 and thev
identified.
The Sage House Model is more c05t effective than the "u5ual- care comparator. Across the 3-month compardtive study.
people with dementia who used Sage House saved the local NHS and social Ca￿ an average of £430.50- a saving of £1.722
per person per year.
In addition..
People living with dementia who have access to Sage House experience 20% greater life satisfaction- their quality of
life and wellbeing is also statistically significantly higher that the comparator group
Care partners with access to Sage House demonstrate better acce55 to information and support which leads to
significantly greater quality of life.
74% agreed that this also has positively impacted their mental health
Replicators
Work continued with supporting the West Ber￿hire replication model throughout the year alongside onboarding two new
geographical areas- Guildford and West Midlands.
Following advice an application was made to the Charity Commission to set up a new charity, with an independent
Governance and Reporting Structure. Charity number 1211304 was formed in December 2024 with a view to separating the
work of Sage House and Dementia Support as independent from one another. The separation of the charities was completed
on I. April 2025.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Fundraising Activities
In March 2023 the Board of Trustees approved a ref￿shed three-year fundraising strategy with a focus on generating
sustainable income sources for the Charity. Fundraising makes up 80% of our annual income and we receive less than 2% of
our funds from statutory sources to run Sage House. As a young charity. we cannot rely on historical legacies or large
investments.
We continue to grow our fundraising across all streams including grants from charitable trusts, individual donations and
regular giving. local businesse5. and community fundraising initiatives. Highlights in the past financial year have included our
Charity Partnership with Goodwood Estate, in-aid of events including a Clay Shoot and Winter Ball, and the launch of our first
Sportive cycling event.
Grants and donation5 from charitable trusts continue to be an imwrtant source of funding for the charity. Whilst the external
environment has become increasingly challenging, we ￿main InC￿diblY grateful for the partnerships we have developed with
our charitable trLJSt funders, many of whom are named below- thank you. We also wish to thank our supporters who wish to
remain anonymous.
ge Sentinel Trust
rnold Clark Community Fund
rthur Williams Charitiable Trust
B & Q Foundation
Ba55iI Shippam and Alsford Trust
Bernadette Charitable Trust
Boltini Trust
Bothwell Charitable Trust
hapman Charitable Trust
MS Foundation
o-op Local Community Fund
Dyer5 Company
Edgar E Lawley Foundation
EF and MG Hall Charitable Trust
Eleanor Grace Foundation
Elise Pilkington Charitable Trust
Ernest Kleinwort Charitable Trust
F Glenister Woodger Trust
February Foundation
Francis Winham Foundation
Friarsgate Trust
Friends of Midhurst Community Hospital and Riverban
Medical Centre
allus Trust
arfield Weston Foundation
erald Micklem Charitsble Trust
Homity Trust
lan Askew Charitable Trust
ectus Charitable Foundation
Kathleen And Sidney Linkins Memorial Trust
Lord Barnby's Foundation
Lord Faringdon Charitable Trust
Marsh Charitable Trust
Masonic Charitable Foundation
McLay Dementia Trust
Michael & Anna Wix Charitable Trust
North Mundham Parish Council
ptiGene Foundation
Pagham Pram Race
Patricia Routledge Foundation
Peacock Charitable Trust
Rest-Harrow Trust
RuSting￿n Parish Council
elsey Town Council
ir Jules Thorn Charitable Trust
kipton Building Society Charitsble Foundation
outer Charitable Trust
outhbourne Parish Council
t lame5'5 Place Charitable Foundation
tagecoach Giving for Good Community Fund
tella Symons Charitable Trust
ussex Community Foundation
ussex Ma50nic Charities
hree Oaks Trust
LM Foundation
ulcan Settlement
arburtons Community Fund
est Sussex Travel Society
illiam Allen Young Charitsble Trust
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Trustees, Staffing & Volunteers
Sage House Tangmere started the year with a staff team of 46 128 Part time. 18 fulltimel as of 31° March 2025 this has
remained the same with the addition of 3 bank member5 of Staff.
The charity's operational affairs continue to be managed by Chief Executive. Sally Tabbner and Chief Operating Officer Emma
Radley.
Our volunteers are very important to the work that we do, and our volunteer base has grown in the last financial year and we
now have 118 volunteers providing support to the Charity.
Volunteers carry out a wide variety of roles within the charity including administration, leading or supporting artivities, serving
in Daisy's Cafe and fundraising. During 2024 our volunteers supported our afternoon events in Daisy's café. Outreach sessions
and fundraising events such as the Arundel festival and at village fair5.
Volunteers are essential to the operation of Sage House, and we could not provide the services we do, nor fundraise what we
need to continue. without them. The Trustees would like to formally record their sincere thanks and appreciation for the vast
contribution that our volunteer5 make.
Financial review
Principal funding sources
The charity relies heavily on donations for it's income, of which in the year 85% were unrestricted voluntary donations and
15Yo were restricted grants from trusts and foundations.
In 2024125 donations from Corporate and Community activities was above budget, reflecting the strong business and
community ties in our area of operation.
The balance of the income is raised from our charitable activities and trading. Maintaining our affordability and open access to
our services is critical to our mission. Our cafe support5 our ethos by providing hearty meals to our daybreaks Customers as
well as a warm and vibrant environment for the wider community of volunteers, neighbours and carers.
All areas of income showed an improvement over the prior year. reflecting the target expenditure we knew we needed to
5UPPOrt demand for our services and effective delivery of those services.
Expenditure
Expenditure was largely within budget constraints. although our direct costs suffered from inflationary impacts around food
costs and event Costs. Our administration cost base is mostly fixed and 83% of our c05t base relates to staff c05ts- critical to
maintaining the level of service and our 3=1 customer to staff ratio.
Investment policy and objectives
The trustees have considered the most appropriate policy for investing surplus funds. is by depositing some of its ￿serveS into
two investment accounts.
The trustees have considered the future funding needs and commitments of the charity and deem it prudent to aim to hold
general unrestrirted reserves equivalent to 6 months overheads at any time.
Fund artivity
At the end of the year the charity had closing funds of £940,071 12024=£1,082,6841 of which £884,504 12024= £1,050,048)
were unrestricted general funds and £55,56712024: £32,636) were restricted towards the staffing of the Dementia Hub.
Reserve5 polioi
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 time.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Major risks
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to
mitigate exposure to the major risks.
Future Plans
Sage House
The charity continues to be focused on the development of Sage House as a centre of excellent, providing exceptional services
both within the main hub and the local community. Future plans for 2025126 include-
Further growth of our Day Breaks service, to include a shorter breaks setvice to run alongside Day Breaks offering 2 hour
flexible bookable sessions for respite support.
Continue to innovate in our activity programme - providing both regular and one-off artivities that engage and stimulate our
customers.
Develop our'Talk to a Wayfinder, signposting and information platform enabling greater access to trusted dementia advise.
Expand the number of people reached with energy advice through our partnership with SGN.
Launch our Wayfinding Bus to 5UPPOrt those living in hard-t0-￿ach rural communities and to support our Outreach services
with Wayfinding and energy advice.
Increase the number of Outreach venues by two. launching a new weekly session in the Aldwick and fortnightly session in
Emsworth.
Future Plans- National Ambitions & Dementia Support
The replication of the Sage House Model now sits with Charity number 1211304 and separate filing arrangements and
reporting are in place.
Structurei governance and management
The charity is a limited company, limited by guarantee. as defined by the Companies Act 2006. It is controlled and governed bv
its Memorandum and Articles of Association.
The charity was incorporated on 16 May 2014 and ￿giStered as a charity on 23 September 2014. In the event of the companv
being wound up. members are required to contribute an amount not exceeding £1.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the dirertors for the purpose of company law. and who served during the year and up to the date
of signature of the financial statements were=
Mrs C T Bogoje
Mr RA Broadribb
Mrs M K Matthews
Ms P Nesbit
Dr A Childs
MrsT M Ymccall
Mr C Thornhill
Mr5C M Cannon
Ms M Litchfield
MrA H Faure
M5 D L Day Lafferty
IAppointed 22 August 20241
No trustee had any beneficial interest in the company.
Recruitment and appointment of trustees
The directors of the charity are also charity trustees for the purposes of charity law. Under the requirements of the
Memorandum and Articles of Association, a thir(J of all di￿ttOr$ must retire from office each year. They may be re-elected,
and the directors may also appoint new directors pursuant to the provisions of the Articles of Association.
The work of the charity is almost entirely devoted to those effected by dementia. As a result, the board of trustees seek to
ensure that representatives from this group and from those who assist them, are members of the board. In addition, everv
effort is made to include a wide skill set including those with business and general medical and social care skills on the board.
Organisational strurture
The charity's Memorandum and Articles of Association stipulate that there should be no less than three trustee directors but
does not restrict to a maximum.
The day to day running of the charttable company is overseen by the Chief Executive Officer who reports to the board of
trustees.
Induction and training of trustees
Any individual wishing to be a trustee director must complete and sign a declaration of their willingne55 to be appointed, must
be over the age of 18 years, an(J not be disqualtfied from being a director or trustee.
Potential trustee directors are invited to attend a regular board meeting and are welcome to ask questions about any aspect of
the charity's work. They are invited to make a short presentation on the skills they would bring to the Board and how they
would contribute to its deliberations and decision making. They are also provided with copies of the Charity's published
literature and a copy of the Memorandum and Articles of Association.
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SAGE HOUSE TANGMERE
TRUSTEES. REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Risk management
The Board of Trustee5 are responsible for overseeing the charity's risk management activities, but these are identified,
reviewed and monito￿d by our committees. 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 Committee and Board of Trustee meeting.
Strategic Risks are identified by commtttees to ￿vIeW mitigations and consider new risks which include those of external
influence. These are the high-level risks that could prevent Dementia Support from meeting its overall objectives. Each risk is
described, giving the scenario under which. it may occur and assessed in terms of the impact it would have on the
organisation and the likelihood of it occurring, given the current controls and mitigation plans in place. Actions required to
further mitigate the risk a￿ identrfie(J.
All risks and actions are assigned to a committee. The 'risk appetite, of the charity is described by the rating attributed risks
with an Impact-Likelihood score above the th￿ShOld a￿ priority risks and require immediate attion and close monitoring at
both committee and Board of Trustee level. Risks sitting below the th￿ShOld are of lower priority but continue to be
monitored and assessed throughout the year by the committee.
Review of public benefrt
In setting out our objectives and planning our activities. the trustees have given careful consideration to the Charity
Commission's general guidance on public benefit and in particular to its supplementsry public benefit guidance on fee
charging.
Auditor
The auditors, Robert Sadler and Company Ltd. will be proposed for ￿-appointment at the forthcoming Annual General
Meeting.
The trustees, report was approved by the Board of Trustees.
Ms P Nesbit
Chair of Trustees
Date..
1711212025
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SAGE HOUSE TANGMERE
STATEMENT OF TRusfEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors of Sage House Tangmere 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
Standard5 Iunited 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 an(J application of resources, including the income and
expenditure, of the charitable company for that year.
In preparing these financial statements, the tnjstees are ￿quired to=
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charitie5 SORP-
make judgements and estimates that are ￿3$Onable and prudent-
state whether applicable UK Accounting 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
continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the
financial position of the charity and enable them to ensu￿ that the financial ststements 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.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditor5 are unaware- and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
information and to establish that the auditors are aware of that information.
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SAGE HOUSE TANGMERE
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SAGE HOUSE TANGMERE
Opinion
We have audited the financial statements of Sage House Tangmere for the year ended 31 March 2025 which comprise the
Statement of financial activitie5. the balance sheet. the Statement of cash flows and notes to the financial statements.
including significant accounting polities. The financial ￿porting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Fffjnonciol Reporting
Stondord applicable in the UKcnd Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practicel.
In our opinion, the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming
resources and application of re50ur£es. for the year then ended-
have been properly p￿pared in accor(Jance with United Kingdom Generally Accepted Accounting Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI (ISA5 IUKII and applicable law. Our
responsibilitie5 under those standard5 are further described in the Auditor s responsibilitie5 for the oudit of the financial
stotements section of our report. We are independent of the charity in accordance with the ethical ￿quirements that a
relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtsined is
sufficient and appropriate to provide a basis for our opirhion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the tru5tees' use of the going concern basi5 of accounting in the
preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or conditions that,
individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at
least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees wwth respect to going concern are described in the relevant
sections of this report.
Other information
The other information comprises the information included in the annual ￿pOrt other than the financial statements and our
auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our
opinion on the financial statements does not cover the other information and we do not express any form of assurance
conclusion thereon. Our responsibility is to read the other information and, in doing $0, consider whether the other
information 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 identify such material inconsistencies or apparent material misstatements.
we are required to determine whether this give5 rise to a material misstatement in the financial Statements themselve5. If,
based on the work we have performed, we conclude that the￿ is a material misststement of this other information, we a
required to report that fact.
We have nothing to ￿port in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you if. in our opinion=
the information given in the financial statements is inconslstent in any material respect with the trustees, report- or
sufficient accounting records have not been kept: or
the financial statements are not in agreement with the accounting records. or
we have not received all the information and explanations we ￿qUIre for our audit.
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SAGE HOUSE TANGMERE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF SAGE HOUSE TANGMERE
Responsibilities of twstees
As explained more fully in the statement of trustees. responsibilities, the trustees, who are also the dirertors of the charity for
the purpose of company law. are responsible for the preparation of the financial Statements and for being Satisfied that they
give a true and fair view, and for such internal control as the trustees (letermine is necessary to enable the preparation 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 continue as a going concern. disclosing, as
applicable, matters related to going concern and using the going concern basis of accounting unle55 the trustee5 either intend
to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under settion 144 of the Charities Att 2011 and report in accordance with the Act and
relevant regulations made or having effert thereunder.
Our objectives 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 opinior). Reasonable assurance
is a high level of assurance but 15 not 3 guarantee that an audit condurted in accordance with IS￿ IUKI will alway5 detect a
material misstatement when it exists. Misstatements can arise from fraud or error and a￿ 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 description of otjr responsibilities is available on the Financial Reporting Council's website at.. https.'l/
www.frc.org.uklauditorsrespon5ibilitie5. This description forms part of our auditor's report.
Use of our report
Thi5 report Is made solely to the charity'5 trustees. a5 a body. in accordance with Part 4 of the Charitie5 (Account5 and Reportsl
Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are
required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted 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 opinion5 we have formed.
Robert Ali5tair Sadler FCA {Senior Statutory Auditor)
for and on behalf of Robert Sadler & Company Limited
1711212025
Chartered Accountants
ststutory Auditor
30b Southgate
Chichester
West Sussex
P019 IDP
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 section 1212 of the Companies Act 2006.
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SAGE HOUSE TANGMERE
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrirted
funds
2025
Restrirted
funds
2025
Totsl
Vnrestrirted
funds
2024
Restrirted
funds
2024
Total
2025
2024
Notes
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
977.362
251,157
108,959
12.931
175.105
1,152.467
251,157
108,959
12.931
920.202
229,556
82,878
11.415
95,626
1,015,828
229,556
82,878
11,415
Total income
1,350,409
175,105
1,525,514
1,244,051
95,626
1,339,677
Expenditure on:
Raising funds
Charitable activities
308,472
1.207.481
308,472
1.359.655
282,223
1.117.397
282,223
1,215,381
152.174
97.984
Total expenditure
1,515,953
152,174
1,668,127
1,399,620
97,984
1,497,604
Net incomellexpenditure)
1165.544
22,931
1142,6131
1155.5691
12,3581
1157,9271
Transfers between funds
19331
933
Net movement in funds
io
1165,5441
22,931
1142,6131
1156,5021
11,4251
1157,9271
Reconciliation of fvnds:
Fund balances at l April 2024
1,050,048
32,636
1,082,684
1,206,550
34,061
1,240,611
Fund balances at 31 March 2025
884,504
55,567
940,071
1,050,048
32,636
1,082,684
The statement of financial activities includes all gains and losses ￿COgnised in the year. All income and expenditure derive
from continuing activities.
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SAGE HOUSE TANGMERE
BALANCE SHE
AS AT31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
14
596,265
627,057
Current assets
Debtors
Cash at bank and in hand
15
135.210
372.053
205,690
429,983
507.263
1163,4571
635,673
1180,0461
Creditors: amounts falling due within one year
16
Net current assets
343,806
455,627
Total assets less current liabilities
940,071
1,082,684
The funds of the charity
Restricted income funds
Unrestricted funds
19
20
55,567
884.504
32,636
1,050,048
940,071
1,082,684
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Art 2006, for
the year ended 31 March 2025.
The directors acknowledge their responsibilitie5 for complying with the requirements of the Companies Act 2006 with respect
to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statement5 under the requirements of the
Companies Act 2(x)6, for the year in question in accordance with sertion 476.
These financial Statements have been prepared in accordarhce wtth the provision5 applicable to companies subject to the Small
companies regime.
The financial statements We￿ approve(J by the trustees on .
1711212025
Ms P Nesbit
Chair of Trustees
Company registration number 09044373 IEngland and Wales)
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SAGE HOUSE TANGMERE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash absorbed by operations
26
150,1371
1232,5541
Investing activities
Purchase of tangible fixed assets
Investment income received
120.7241
12,931
119,8511
11,415
Net cash used in investing activities
17,7931
18,4361
Net cash generated from financing arti¥ities
Net decrease in cash and cash equivalents
157,9301
1240,9901
Cash and cash equivalents at beginning of year
429,983
670,973
Cash and Cash equivalents at end of year
372.053
429,983
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity information
Sage House T3ngrne￿ is a private company limited by guarantee incorporated in England and Wales. The registered
office is Sage House, City Fields Way, Tangmere, West Sussex. P020 2FP, England.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Articles of Association. 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 IFRS 1021 (effective l January 20191" The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterlin& which is the functional currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest £.
The financial statements have been prepa￿d 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 resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt
the going concern basis of accounting in preparing the financial ststemerts.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objertives.
Designated funds are unrestricted. but deemed to have a specific purpose by the trustee5 and therefore kept 5eperate
from the general unrestricted funds. The charity identifies it's capital reserve as being as being funds held by the charity
which were acquired from unrestrirted donations and that are invested in fixed assets Ithat is improvements to
property, fixtures and fittings 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 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 statement5.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the
amounts can be measured reliably, and it 15 probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation. unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is ￿cOgnised at the time of the donation.
Donations in kind are accounted for at a reasonable estimate of their value to the charity or the artual amount actually
reali5ed. Donations in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by
the charity. Donations in kin(J for use by the charity are included in the Ststement of Financial Activities as incoming
resources when receivable.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the
amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
Investment income is recognised when re￿•vable.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to
that expenditure. 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 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 attributed to particular headings
they have been allocated to activities on a basis consistent with the use of resources.
Expenditure on charitable activities includes all expenditure directly relating to the objects of the charity. Expenditure
on the raising of funds represents expenditure incurred in generating income to finance the charity's activities and
governance.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation
and any impairment losses.
Depreciation 15 recogni5ed 50 a5 to wrwte off the cost or valuation of assets le55 their residual values over their useful
lives on the following bases-.
Leasehold improvements
Fixtures and fittings
Computers
In line with the lease term (see belowl
5 years straight line
3 year5 Straight line
The gain or1055 arising on the disposal of an asset 15 determined as the difference between the Sale proceed5 and the
carrying value of the asset, and is ￿COgnISed in the ststement of financial activities.
All computer software purchased by the charitable company is treated as ￿venue 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 lease(J 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 additional parking at
Sage House commenced from 8th December 2022 and has a term that runs concurrer)tly with that of Sage House.
It is the charitable company's policy to capitalise assets with initial costs in excess of £250 only.
1.7 Impairment of fixed assets
At each reporting end date, the chartty revrews the carrying amounts of Its tangible a55ets to determine whether there
is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments
with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in
current liabilities.
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.9 Financial instruments
The charity has elected to apply the provisions of Settion 11 'Basic Financial Instruments, and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recogni5ed in the charity'5 balance sheet when the charity becomes party to the contractual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements. when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to ￿311$e
the asset and settle the liability simultaneously.
Basicfinancial assets
Basic financial assets. which include debtors and cash and bank balances. are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unle55
the arrangement constitutes a financing transartion, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Bosicfinoncial liabilities
Basic financial liabilitie5, including creditors and bank loans are initially recognised at transaction price unle55 the
arrangement constitutes a financing transartion. Whe￿ the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditors are obligation5 to pay for goods or 5ervice5 that have been acquired in the ordinary course of operations
from suppliers. Amounts payable are classified as CUr￿nt liabilities if payment is due within one year or less. If not, they
are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequentlv
measured at amortised cost using the effective interest method.
Derecognition oflinancial liabilities
Financial liabilities are derecognised when the charrt￿5 contractual obligations expire or are discharged or cancelled.
1.10 Taxation
The charity is exempt from corporation tax on its charitable activities.
1.11 Employee benefits
The cost of any unused holiday entitlement is ￿cOgnised in the period in which the employee's services are ￿Ceived.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
1.12 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Critical accounting estimates and judgements
In the application of the charity'5 accounting policie5, the trustees are required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not ￿adIlY apparent from other sources. The
estimates and associated assumptions are based on historical experience and other fartors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates a
recognised in the period in which the estimate is revised where the revision afferts only that period, or in the period of
the revision and future periods where the revision affects l)oth current and future periods.
Income from donations and legacies
Vnrestrirted
funds
2025
Restricted
funds
2025
Totsl
Vnrestrirted
funds
2024
Restricted
funds
2024
Total
2025
2024
Donations and gifts
Legacies
976,362
1.000
175,105
1,151,467
1.000
918,202
2.000
95,626
1,013,828
2,000
977,362
175,105
1,152,467
920,202
95,626
1,015,828
Income from charitable activities
Unrestricted
funds
2025
Unrestricted
funds
2024
Charitable activitie5
Provision of services
251,157
229,556
Income from other trading artivities
Unrestricted
funds
2025
Unrestricted
funds
2024
Trading income
108.959
82,878
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from investments
Unrestricted
funds
2025
Unrestricted
funds
2024
Rental income
Interest receivable
1,875
11,056
3,750
7,665
12,931
11,415
Expenditure on raising funds
Unrestricted
funds
2025
Unrestricted
funds
2024
Fundraising and publicity
Advertising
Other fundraising costs
stsff costs
6,037
30,710
186,243
8,607
32,310
160,236
222,990
201,153
Trading costs
Trading operational costs
Staff costs
25,022
60,460
31,651
49,419
85,482
81,070
Totsl costs
308,472
282,223
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitsble artivities
Charitable
artNities
2025
Charitable
activities
2024
Dirert costs
Staff costs
Activites. workshops and materials
566,506
21.463
624,323
23,810
587,969
648,133
sha￿ of support and governance costs (see note 91
Support
Governance
767,247
4,439
563,915
3,333
1,359,655
1,215,381
Analysis by fund
Unrestricted funds
Restricted funds
1,207,481
152,174
1,117,397
97,984
1,359,655
1,215,381
Support costs allocated io activities
2025
2024
Staff costs
450.611
51,516
111,554
23.143
13,697
42,976
11.420
37.319
7,030
7.602
10.379
4,439
266,508
51,511
110,216
22,625
12,961
39,075
7,129
34,981
5,170
4,440
9,299
3,333
Depreciation
Operating lease charges
Insurance
Office costs
Advertising
Repairs and maintenance
Travel and subsistence
Subscriptions
Bank charges
Governance costs
771,686
567,248
Analy5ed between:
Charitsble activities
771,686
567,248
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
io
Net movement in funds
2025
2024
The net movement in funds 15 Stated after chargingllcredwtingl.
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
Operating lease charges
3.225
51,516
111,554
3,333
51,511
110,216
li
Trustees
None of the trustees lor any persons connected with them) ￿ceiVed any remuneration or benefits from the charity
during the year.
12
Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Care, activities and outreach
Finance and administration
Fundraising
Catering
Wayfinding
15
14
Totsl
45
41
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
1,122,527
91,774
22,086
999,652
80,476
19,821
1,236,387
1,099,949
The number of employees whose annual remuneration was more than £60.000 is as
follows..
2025
2024
Number
Number
£60,000 to £70.000
£70,000 to £80,000
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13
Taxation
The charity is exempt from tsxation on its activities because all its income is applied for charitable purposes.
14
Tangible fixed assets
iea5ehold
irnprovernents
Firture5 ond
frttin85
Computer5
Total
Cost
At l April 2024
Additions
871,400
86,678
10,141
63,842
10,583
1,021,920
20,724
At 31 March 2025
871,400
96,819
74,425
1,042,644
Depreciation and impairnient
At l April 2024
Depreciation charged in the year
267,514
35,136
71,263
9,182
56,086
7,198
394,863
51,516
At 31 March 2025
302,650
80,445
63,284
446,379
Carrying amount
At 31 March 2025
568,750
16,374
11,141
596,265
At 31 March 2024
603,886
15,415
7,756
627,057
15
Debtors
2025
2024
Amounts falling due within one year.
Trade debtors
Other debtor5
Prepayments and accrued income
47,871
41,829
45,510
45.066
109,349
51,275
135,210
205,690
16 Creditors: amounts falling due within one year
2025
2024
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
21,080
69,935
45,801
7.544
19,097
20,452
117.458
19,338
6,858
15,940
17
163,457
180,046
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17
Defer￿d income
2025
2024
Other deferred income
69,935
117,458
Deferred income is included in the financial statements as follows=
2025
2024
Deferred income is included within..
Current liabilities
69.935
117,458
Movements in the year..
Deferred income at l April 2024
Released from previous periods
Resources deferred in the year
117.458
1123,1831
75,660
157,968
1157,9681
117,458
Deferred income at 31 March 2025
69.935
117,458
18
Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or1055 in respect of defined contribution schemes
22,086
19,821
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are
held separately from those of the charity in an independently administered fund.
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19
Restricted funds
The restritted 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.
At l April 2024
Incoming
resources
Resources
expended
Transfers
At 31 March
2025
The Friarsgate Trust
Masonic Charitable Foundation
University of Oxford
The Gerald Micklam Charitable
Trust
8,333
3,803
10.000
23.275
17.543
19,1661
127.0781
117,5431
9,167
11,250
30,000
27.771
122.0831
127,7711
19,167
Carer's Trust East Midlands IWSCCI
Community Hospital and
Riverbank Medical Centre
Amounts received under £10,000
10,000
56.516
iio,0001
138,5331
9,250
27,233
32,636
175,105
{152,1741
55,567
Previous year:
At l April 2023
Incorning
resources
Resources
expended
TransFers
At 31 March
2024
The Friarsgate Trust
Masonic Charitsble Foundation
The Gerald Micklam Charitable
Trust
10.000
22.819
11.6671
119,0161
8,333
3,803
15.000
112.7501
15,9291
14,6821
153.9401
11,250
Francis Winham Foundation
Crawley Borough Council
Amounts received under £lO.000
5,929
4,682
14.450
47.807
933
9.250
34,061
95,626
197,9841
933
32,636
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestricted funds
The unrestritted funds of the charity comprise the unexpende(I balances of (lonations and grants which are not subjert
to specific conditions by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the trustees for specific purposes.
At l April 2024
In¢omin8
resources
Resources
expended
Transfers
At 31 March
2025
Capital reserve
General fund5
627,057
422.991
20,724
1.329.685
151.5161
11,464,437)
596,265
288,239
1,050.048
1.350.409
11.515.9531
884.504
Previous year:
At l April 2023
Incorning
resources
Resources
expended
Transfers
At 31 March
2024
Capital reserve
General funds
658,716
547.834
19,852
1,224.199
151.5111
11,348,109)
627,057
422,991
19331
1,206,550
1,244.051
11,399,6201
19331
1,050,048
Capital reserve
These are funds held by the charity which were aCqUi￿d from unrestrirted donations and that are invested in fixed
assets Ithat is improvements to property, fixtures and fittings and computer equipment) and are thus not funds that are
available to meet the general running costs of the charity.
21
Analysis of net assets between funds
Unrestricted
funds
Restrirted
funds
Totsl
2025
2025
2025
At 31 March 2025:
Tangible assets
Current assets/lliabilitiesl
592,617
291.887
3,648
51,919
596,265
343.806
884,504
55,567
940,071
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21
Analysis of net assets between funds
(Continued)
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assets/lliabilities1
627.057
422,991
627,057
455,627
32.636
1.050.048
32.636
1.082,684
22
Operating 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 conditions and appropriate notice being given) on 31st Mav
2026 and 315t May 2031. The remaining lease term a5 at 31st March 2025 15 16 year5 and two months. At the reporting
end date the charity had outstanding commitments for future minimum lease payments under non-cancellable
operating leases. which fall due as follows=
2025
2024
Land and buildings
Within one year
Between two and five years
In over five years
111,554
446.217
1,245,689
111,554
446.217
1,357,243
1.803.460
1,915,014
2025
2024
Vehicle leasing costs
Within one year
Between two and five years
3.639
606
4.245
23
Related party transactions
There were no disc105able related party transartion5 during the year12024- none).
24
Ultimate controlling party
The charitable company is under the control of its members. No one member has sufficient voting rights to control the
charitable company.
-29-
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SAGE HOUSE TANGMERE
NOTES TO THE FINANCIAL SfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
25 Legal status
The charity is incorporated as a company limited by guarantee having no share capitsl and, in accordance with the
Memorandum of Association every member is liable to contribute £1 in the event of the company being wound up.
26
Cash absorbed by operations
2025
2024
Deficit for the year
1142,6131
1157,9271
Adjustments for=
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
112,9311
51,516
111,4151
51,511
Movements in working capital:
Decreasellincreasel in debtors
Increase in creditors
(Decrease) in deferred income
70.480
30,934
147,5231
1102,6711
28,458
140,5101
Cash absorbed by operations
150.1371
1232,5541
27
Analysis of changes in net funds
The charity had no debt during the year.
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