OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

SILVERLINE MEMORIES CIO

REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2021

Charity Number 1163582

SILVERLINE MEMORIES CIO

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 December 2021

Contents Page
Trustees annual report 1 to 6
Independent examiners report 7
Statement of Financial Activities (including 8
income and expenditure account)
Balance sheet 9
Notes to the financial statements 10 to 19

Silverline Memories CIO TRUSTEES ANNUAL REPORT For the year ended 31 December 2021

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 December 2021.

The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)

1. Objectives and Activities

Our charity's purposes as set out in the constitution are to relieve persons who have been diagnosed with dementia and their families and carers in the North East of England by the provision of social and leisure activities and to support to people living with the effects of dementia and the effects of caring for dementia survivors.

Objectives, strategies and activities for the year

The ongoing impact of the Covid-19 Pandemic continued to push our members further from vital connection, stimulation & human contact. The impact this has had on their mental health, escalating the symptoms of their dementia with the real possibility of long-lasting effects, has been heart breaking. At a time when social isolation, loneliness & confusion is heightened, we have worked to ensure that our members have been able to access our support and maintain as much of a connection to each other as possible.

We took the decision to continue with our Digital by Default approach, continuing to grow and develop the online provision of groups and activities, including our Dementia Café and Carers Support Group, Friday quiz, Singing for the Brain, Art Clubs, Early Onset Peer Support Group and Life Story working groups. We also continued to provide targeted individual support including Bereavement Support, Welfare and Benefits, Moving into Care and Financial guidance. We introduced a Telephone Befriending Service for those unable to use Digital Technology. We were shortlisted for the Digital Leader of the Year award for our work on Digital Inclusion for People with Dementia, and our CEO wrote blogs on our work in this area. Our CEO also wrote a blog for the British Institute of Human Rights about why the Human Rights Act is so important for people living with Dementia.

We continued to deliver Gift Boxes to boost service user’s spirits and let them know that we were still there for them despite the challenges of Covid. This was complemented with a shopping and prescription delivery service.

There was also need of support for families as they experienced bereavement or planned/unplanned moves into long term care facilities during this time.

1

Silverline Memories CIO TRUSTEES ANNUAL REPORT For the year ended 31 December 2021

2. Public Benefit Statement

Silverline Memories was founded in December 2013 in order to provide “places to go and things to do” for people living with Dementia. In normal operating times, we facilitate an average of twenty social opportunities each month. We firmly believe that life should not stop following a diagnosis of dementia and that despite the media portrayal there is still much joy to be found and a fully and active life to be lived. We recognise that is it not just the person with the diagnosis who is “living with dementia” but everyone who loves and cares for that person, and we therefore welcome everyone who is affected by a diagnosis. We provide specialist support to Carers of people with dementia, as their needs are just as important. Silverline Memories is open to anyone requiring our support regarding of where they live.

3. Policy on Grant Making

We do not provide grants

4. Contribution by Volunteers

As in 2020, Volunteers of Silverline Memories contribute on average 80 hours per calendar month to the running of our activities. This has remained unchanged despite the Pandemic, but the activities of volunteers has adapted to meet the needs of the people using our service.

5. Achievements and Performance

Evaluation and outputs

We saw a 37% increase in demand during the past year. We are now supporting 80 individuals.

We have provided:

203 hours of online group activities Delivered 186 welfare packs including morale-boosting items. Delivered 7 bags of shopping Made 650 befriending telephone calls Provided bereavement support to four families

Worked alongside other organisations to provide collaborative support, including AgeUK, Alzheimer’s Society, Newcastle Carers and the British Institute of Human Rights. We also contribute to several cross sector working groups to improve services for people with Dementia.

We published our Life Story Book and Quiz Book, both available to buy on Amazon to provide an additional income stream.

2

Silverline Memories CIO TRUSTEES ANNUAL REPORT For the year ended 31 December 2021

6. Fundraising

Five people undertook the Great North Run for Silverline Memories in 2021, but no other fundraising activities were possible. Our income has been grant funding and individual donations.

7. Investments

None

8. Financial review

Review of the year

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £57,005 (2020: £63,334) of which £20,090 was restricted (2020: £53,910) and expenditure of £67,440 (2020: £68,807) of which £34,306 was restricted (2020: £50,254). There was an operating deficit of £10,435 (2020: surplus £4,527) of which a deficit of £14,216 was restricted (2020: surplus £3,656).

At 31 December 2021 the Charity had net assets of £40,945 (2020: £51,380) of which £29,400 was restricted (2020: £43,616).

Reserves policy/Going concern

The Trustees consider the level of reserves, £11,021 (2020: deficit £227), prudent for the Charity at this time taking into account potential liabilities in the event that the charity ceased. Our Reserves Policy is reviewed annually.

9. Risk Management

The Trustees have conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and beneficiaries. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

3

Silverline Memories CIO TRUSTEES ANNUAL REPORT For the year ended 31 December 2021

10. Plans for future periods

We plan to resume face-to-face activities in 2022, assuming it is safe to do so.

Several new income generation initiatives are also planned for 2022. These include:

Moving to a central base from which all activities can be delivered, saving on rent. Opening a Charity Retail Shop including an EBay sister shop. Registering with CQC to provide a paid for, enhanced, service to our users. Divesting of the Charity mini bus which has not benefited the charity during the Pandemic but remains a financial liability.

Additional Fundraising Initiatives are also underway including a Virtual Journey, Head Shave by a Staff Member and a better support Great North Run.

11. Reference and administrative details of the charity, its trustees and advisors

Registered charity name Silverline Memories CIO Charity number 1163582 Registered office The Dene Centre Castles Farm Road Newcastle upon Tyne NE3 1PH

T rustees and Members of the Board Andrea Cheek (resigned 01.06.2021) Jane McKeough Stephanie Edwards (resigned 01.09.2021) Prof. Sue Carr Beverley Horton - Chair Ian Moses (appointed 09.08.2021) David Coulter – Treasurer (appointed 27.07.2021)

Independent Examiner

Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne. NE1 8AF.

Bankers

Santander

Solicitor Andrew Simpson

4

Silverline Memories CIO TRUSTEES ANNUAL REPORT For the year ended 31 December 2021

12. Structure, governance and management

Governing Document

The organisation is a Charitable Company Limited by Guarantee. The Company was established under a Memorandum of Association, which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of a winding up any member (who is a director) undertakes to contribute to the payment of liabilities, such amount as may be required not exceeding the total of £1.

Recruitment and Appointment of the Board

The Directors of the Company are also Trustees for the purposes of charity law and under the company's Articles are its members. Under the requirements of the Memorandum and Articles of Association, at the Annual General Meeting one-third of the Directors, who are subject to retirement by rotation, shall retire. Retiring Directors can be re-appointed at the Annual General Meeting.

Trustees are selected on the basis of specialist skills and commitment to the objectives and aims of the organisation.

Board Induction and Training

New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:

13. Related parties

The CEO is now married to the Treasurer. There is a policy within the constitution, Conflict of interest and conflict of loyalty, ensure the safe and correct governance and to manage the conflict of interest. The CEO is also related to one volunteer. Funders have been made aware and are comfortable with the safeguards in place.

5

Silverline Memories CIO TRUSTEES ANNUAL REPORT For the year ended 31 December 2021

14. Statement of Trustee Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity SORP 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 incoming resources and application of resources, including the receipts and payments of the charity for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. 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.

Approved by the Trustees on 22.06.2022 and signed on their behalf by:

B Horton Chair

6

SILVERLINE MEMORIES CIO

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 December 2021

I report on the financial statements of Silverline Memories CIO for the year ended 31 December 2021, which are set out on pages 8 to 19.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 22.06.2022

7

SILVERLINE MEMORIES CIO

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 December 2021

6
7
Other trading activities
8
Expenditure on:
9
10
Total funds carried forward
Reconciliation of funds
Total funds brought forward
Notes
Total income
Donations and legacies
Income from:
Charitable activities
Grants and contracts
Raising funds
Operation of the charity
Total expenditure
Net income/(expenditure) and net
movement of funds
Charitable activities		 Unrestricted
Funds
£
10,319
26,160
436
36,915
902
32,232
33,134
3,781
7,764
11,545		 Restricted
Funds
£
-
19,590
500
20,090
-
34,306
34,306
( 14,216 )
43,616
29,400		 Total
2021
£
10,319
45,750
936
57,005
902
66,538
67,440
( 10,435 )
51,380
40,945		 Total
2020
£
4,711
55,889
2,734
63,334
250
58,557
58,807
4,527
46,853
51,380

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 10 to 19 form an integral part of these accounts.

8

Charity Number 1163582

SILVERLINE MEMORIES CIO

BALANCE SHEET

As at 31 December 2021

Fixed assets
Tangible assets
17
Total fixed assets
Current assets
Debtors
18
Cash at bank and in hand
19
Total current assets
Creditors:amounts falling due within
one year
20
Net current assets
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes		 £
-
44,535
44,535
( 4,114 )		 Total
2021
£
524
524
40,421
40,945
11,545
29,400
40,945		 £
1,600
44,011
45,611
( 2,222 )		 Total
2020
£
7,991
7,991
43,389
51,380
7,764
43,616
51,380

The notes on pages 10 to 19 form an integral part of these accounts.

These financial statements were approved by the Board on: 22.06.2022

and are signed on its behalf by: B Horton Chair

9

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Silverline Memories CIO meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £11,545 and the reseves are under review.

Due to the COVID-19 pandemic, it has put pressure on all businesses in 2021. It should be noted that the debtors will be received and the creditors will be paid when the payments are falling due. No other significant events affecting the Charity since the year end.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

10

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

3.5 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed assets:

Office equipment Straight line at 15% New office equipment from 2020 Straight line at 33% Fixtures and fittings Straight line at 20% Vehicle Straight line at 20%

11

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Analysis of income

6
7
8		 Donations and legacies
Charitable activities
Income from grants
Neighbourhood Community
Fund
ASDA - Coming back together
event
Covid-19 Response Fund
Other trading activities
Other income
R W Mann
Allan Lane Foundation
Community Foundation
Tyneside Rotary Charity Fund
Alpkit Foundation
Community Foundation
Community Foundation - Gateshead Café
Trips
The Ashley Scriven
Edward Gosling - CEO Salary
Sir James Knott
Rothley Trust
DWF Charitable Foundation
The neighbourly B&Q Foundation
National Lottery A4A
Lottery Fund
Connected Voice - Citylife
Community Foundation - PPE
Ballinger
Donations and gifts
Community Foundation - Day trips		 Unrestricted
Funds
£
10,319
10,319
-
-
-
-
-
-
-
-
-
-
-
5,000
-
-
-
-
20,000
-
-
-
-
1,160
26,160
310
126
436		 Restricted
Funds
£
-
-
10,000
-
-
-
-
-
-
-
-
-
-
-
590
750
-
-
-
3,000
5,000
250
-
-
19,590
-
500
500		 Total
2021
£
10,319
10,319
10,000
-
-
-
-
-
-
-
-
-
-
5,000
590
750
-
-
20,000
3,000
5,000
250
-
1,160
45,750
310
626
936		 Total
2020
£
4,711
4,711
9,768
1,920
500
2,500
400
3,000
1,000
6,000
1,484
250
245
-
-
-
2,500
5,322
20,000
-
-
-
1,000
-
55,889
740
1,994
2,734

Income was £57,005 (2020: £63,334) of which £36,915 was unrestricted or designated (2020: £9,424) and £20,090 was restricted (2020: £53,910)

12

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Analysis of expenditure on charitable activities

9
10		 Raising funds
Charitable activities
Direct costs
Support costs
Governance costs
Dementia cafes
Rent
Events and trips
Bank charges
Community Foundation Grant refund
Stationery
Wages
Pension costs
Independent examiner's fees for reporting on
the accounts
Staging fundraising events
Carers support group
Memory bus
Advertising
Volunteers
Staff expenses
CEO salary
Telephone
Insurance
IT
Other expenses
Depreciation
Office
Equipment and resources
Payroll fees		 Unrestricted
Funds
£
902
902
743
-
1,960
-
244
19,156
-
-
355
1,143
-
1,882
149
756
98
583
736
-
1,340
191
129
2,071
31,536
Unrestricted
Funds
£
696
696		 Restricted
Funds
£
-
-
100
8,380
-
25
-
10,371
1,727
940
1,298
-
2,361
201
-
6,711
-
-
-
-
2,175
-
-
17
34,306
Restricted
Funds
£
-
-		 Total
2021
£
902
902
843
8,380
1,960
25
244
29,527
1,727
940
1,653
1,143
2,361
2,083
149
7,467
98
583
736
-
3,515
191
129
2,088
65,842
Total
2021
£
696
696		 Total
2020
£
250
250
2,827
2,744
1,749
19
-
23,475
1,366
530
938
-
3,080
3,556
301
7,532
893
270
1,387
555
3,537
299
147
2,341
57,861
Total
2020
£
696
696

Expenditure on charitable activities was £67,440 (2020: £58,807) of which £33,134 was unrestricted or designated (2020: £8,553) and £34,306 was restricted (2020: £50,254)

13

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

11 Fees for examination of the accounts

ees for examination of the accounts
Independent examiner's fees for reporting on the accounts 2021
£
696
696		 2020
£
696
696

12 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Pension costs (defined contribution pension plan)		 2021
£
37,907
1,960
39,867		 2020
£
26,219
1,749
27,968

No employee received remuneration above £60,000 (2020: nil)

The key management personnel of the charity, comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £31,487 (2020: £27,968).

13 Staff numbers

The average monthly head count was 6 staff (2020: 6 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

Charitable activities
The parts of the charity in which the employee's work
Governance		 2021
Number
0.5
1.0
1.5		 2020
Number
0.5
1.0
1.5

14 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

CEO of Silverline Memories CIO is on the board of Voluntary Organisations Network North East (VONNE).

David Coulter, Treasurer of silver;ine Memories CIO is married to the CEO of Silverline memories CIO. There is a policy within the constitution, Conflict of interest and conflict of loyalty, to ensure the safe and correct governance and, to follow this policy. The CEO is also related to one volunteer.

14

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

15 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £1,960 (2020: £1,749). There was £0 outstanding as at 31 December 2021 (2020: £0)

16 Corporation Taxation

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

17 Tangible fixed assets
Cost
Balance brought forward
Additions
Disposals
Balance carried forward
Depreciation
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
Balance carried forward
Net book value
Brought forward
Carried forward		 Office
equipment
£
2,756
-
-
2,756
SL
15%
1,713
554
-
2,267
1,043
489		 Fixtures
and
fittings
£
1,339
-
-
1,339
SL
20%
1,103
201
-
1,304
236
35		 Vehicle
£
33,568
-
-
33,568
SL
20%
26,856
6,712
-
33,568
6,712
-		 Total
£
37,663
-
-
37,663
29,672
7,467
-
37,139
7,991
524

18 Debtors and prepayments (receivable within 1 year)

19
Cash at bank
Cash in hand
Cash at bank and in hand
Other debtors		 2021
£
-
-
2021
£
44,445
90
44,535		 2020
£
1,600
1,600
2020
£
43,921
90
44,011

15

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

20 Creditors and accruals (payable within 1 year)

reditors and accruals (payable within 1 year)
Other accruals
Independent examination of accounts
Accruals		 2021
£
1,392
2,722
4,114		 2020
£
696
1,526
2,222

21 Events after the end of the reporting period

Due to the COVID-19 pandemic, it has put pressure on all businesses in 2021. It should be noted that the debtors will be received and the creditors will be paid when the payments are falling due. No other significant events affecting the Charity since the year end.

22 Analysis of charitable funds

Analysis of movements in unrestricted funds For the year ended 31 December 2021

Analysis of movements in unrestricted funds
For the year ended 31 December 2021
Fund
balances
brought
forward
Unrestricted funds
£
General unrestricted fund
7,764
Totals
7,764
For the year ended 31 December 2020
Fund
balances
brought
forward
Unrestricted funds
£
General unrestricted fund
2,105
Totals
2,105		 Incoming
resources
£
36,915
36,915
Incoming
resources
£
9,424
9,424		 Resources
expended
£
( 33,134 )
(33,134)
Resources
expended
£
( 8,553 )
(8,553)		 Transfers
£
-
-
Transfers
£
4,788
4,788		 Fund
balances
carried
forward
£
11,545
11,545
Fund
balances
carried
forward
£
7,764
7,764

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' of the charity

16

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

Analysis of movement in restricted funds For the year ended 31 December 2021

Restricted funds
Community Foundation - Day
trips
Lottery Fund
Connected Voice - Citylife
Community Foundation - PPE
Covid-19 Response Fund
Allen Lane Foundation
R W Mann
Neighbourhood Community Fund
Memory bus
Memory bus - fixed asset
Ballinger
Dementia cafes
National Lottery A4A
Hub
ASDA - Coming back together
events
DWF Charitable Foundation
Local Giving - Doodle Art
Rothely Trust
Totals		 Fund
balances
brought
forward
£
963
1,920
462
250
3,684
6,000
1,000
400
1,298
6,711
6,101
1,839
5,476
7,512
-
-
-
-
43,616		 Incoming
resources
£
-
-
-
-
-
-
-
-
-
-
-
-
10,000
5,250
590
3,000
500
750
20,090		 Resources
expended
£
( 963 )
( 100 )
( 462 )
( 11 )
( 2,162 )
( 6,000 )
( 1,000 )
( 187 )
( 1,298 )
( 6,711 )
( 6,101 )
( 1,627 )
( 4,846 )
( 1,788 )
( 300 )
-
-
( 750 )
(34,306)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
-
1,820
-
239
1,522
-
-
213
-
-
-
212
10,630
10,974
290
3,000
500
-
29,400
For the year ended 31 December 2020
Fund
balances
brought
forward
Restricted funds
£
Community Foundation - Day
trips
-
Lottery Fund
-
Connected Voice - Citylife
-
Community Foundation - PPE
-
Covid-19 Response Fund
-
Allen Lane Foundation
-
R W Mann
-
Neighbourhood Community Fund
-
Crisis
799
Memory bus
3,994
Memory bus - fixed asset
13,425
CEO Salary
150
Ballinger
6,713
Dementia cafes
1,659
Balances carried forward
26,740		 Incoming
resources
£
3,000
1,920
500
2,500
5,322
6,000
1,000
400
-
-
-
2,500
20,000
1,000
44,142		 Resources
expended
£
( 2,037 )
-
( 38 )
( 2,250 )
( 1,638 )
-
-
-
-
( 2,696 )
( 6,714 )
( 2,650 )
( 20,612 )
(820)
(39,455)		 Transfers
£
-
-
-
-
-
-
-
-
( 799 )
-
-
-
-
-
(799)		 Fund
balances
carried
forward
£
963
1,920
462
250
3,684
6,000
1,000
400
-
1,298
6,711
-
6,101
1,839
30,628

17

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

For the year ended 31 December 2020 (continued)
Fund
balances
brought
Incoming
forward
resources
Restricted funds
£
£
Balances brought forward
26,740
44,142
Tea dance
846
-
Awards for all - Carers
1,139
9,768
Gateshead Thrive Fund
2,000
-
Hub
12,880
-
Respite
1,143
-
Totals
44,748
53,910		 Resources
expended
£
( 39,455 )
-
( 5,431 )
-
( 5,368 )
-
(50,254)		 Transfers
£
( 799 )
( 846 )
-
( 2,000 )
-
( 1,143 )
(4,788)		 Fund
balances
carried
forward
£
30,628
-
5,476
-
7,512
-
43,616

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Community Foundation - Day Day Trips - Digital Inclusion (Website rebuild) COVID trips Lottery Fund Seated exercise groups Connected Voice - Citylife Forum/Covid-19 Costs Community Foundation - PPE Funds to supply Covid-19 PPE equipment. Covid-19 Response Fund Funds to help with Covid-19 effects. Allen Lane Foundation Contribution to CEO salary. R W Mann Office support/operational support. Neighbourhood Community Fund Funds to help with Covid-19 effects. Crisis Fund to support service users during periods of crisis. Memory bus Funds to purchase and set up a bus for trips. CEO Salary Contribution to CEO Salary. Ballinger Office costs and operational manager salary. Operational support Funding towards operational support costs. Dementia cafes Contribution to delivery of weekly dementia cafes. Tea dances Contribution to delivery of twice monthly tea dance. Awards for all - Carers Funds for the support and costs of carers. Gateshead Thrive Fund Provision for a new café in Gateshead. Hub Funds for a new drop in centre. ASDA - Coming back together Coming back together events. events Big Lottery - Awards for all To cover costs of salaries and related costs. DWF Charitable Foundation Seated exercise groups. Local Giving - Doodle Art Doodle Art. Rothely Trust Purchase of I-Pad. Respite To provide a residential weekend respite for carers and those whom they care for.

23 Capital commitments

As at 31 December 2021, the charity had no capital commitments (2020 -£nil)

18

SILVERLINE MEMORIES CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2021

24 Analysis of net assets between funds

nalysis of net assets between funds
Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets		 Unrestricted
Funds
£
( 6,188 )
15,135
( 4,114 )
4,833		 Restricted
Funds
£
6,712
29,400
-
36,112		 Total
2021
£
524
44,535
( 4,114 )
40,945		 Total
2020
£
7,991
44,010
( 622 )
51,379

25 Guarantee

There have been no guarantees given by the charity at 31 December 2021.

26 Debt

There is no debt outstanding which is owed by the charity and which is secured by an excess charge on any of the assets of the charity at 31 December 2021.

28 Governing document

The organisation is a Charitable Incorporated Organisation - Foundation registered on 16 December 2016 as a body corporate under part 11 of the Charities Act 2011.

19