## **SILVERLINE MEMORIES CIO**
**REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2022**
**Charity Number 1163582**
**SILVERLINE MEMORIES CIO**
**ANNUAL REPORT AND FINANCIAL STATEMENTS** For the year ended 31 December 2022
|**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 2022
The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 December 2022.
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**
Our objectives for 2022 were to return to face to face activities following the Pandemic in as safe a way as possible, to introduce Income Generating activities and to secure long term funding.
We continued with our online/remote delivery of services for the first six months of the year while seeking our own premises. Our motivations for this included being able to provide a Covid Safe environment. While we had confidence in the measures taken by other venues, we felt that multi-use buildings posed a risk higher than we were prepared to take with our older and much older beneficiaries. After carrying our due diligence on more than one potential venue, we settled on a doubled fronted unit in a busy shopping centre in Kenton, Newcastle upon Tyne. We were able to secure funding for the project and using this and some reserves we renovated the building, dividing into two halves. One became the North East’s (and possibly the UK’s) first dedicated Dementia Activity Centre, and the second we fitted out as a charity shop to provide an income stream. We also extended the toilet and kitchen area for accessibility.
Since opening the Dementia Activity Centre we have seen a 63% increase in demand, 38% of which is coming from statutory referrals. We had planned to sell our minibus as it had not been used during the Pandemic, however it has proven invaluable since opening the Activity Centre and every seat is now filled for almost every activity, daily.
We had intended to register for CQC but given the increase in demand we felt it was better to do what we do, and do it well, rather than risk quality for quantity of services. This may be something we revisit in the future but unlikely in the coming year.
At the end of 2022 we introduced a new CRM tool to cope with the increase recording requirements. As well as recording all beneficiary and enquirer contacts, it also allows us to track attendances at our activities and to generate accurate output reporting for the first time.
1
We had a number of changes to the Board during 2022 which led to some challenges with communication with the CEO. This has been addressed and there are plans to recruit to the Board in early 2023.
## **2. Public Benefit Statement**
Silverline Memories provides “places to go and things to do” for people with a diagnosis of Dementia and their families. We believe that people with Dementia should be supported to live as full and active a life as possible, for as long as possible. We provide the opportunities, help and support, to do so. We work with families for as long as they need us.
## **3. Policy on Grant Making**
We do not provide grants.
## **4. Contribution by Volunteers**
Our volunteer number have increased significantly during 2022. This was intentional in order to resource the Dementia Activity Centre and Shop. Volunteering hours have increased accordingly to 300 per month. Volunteers provide essential support during the delivery of groups and activities, welcoming beneficiaries, providing refreshments, encouraging engagement and providing emotional and practical support. They support our Befriending programme. We also have three volunteer drivers for the minibus.
## **5. Achievements and Performance**
## **Evaluation and outputs**
Our number of beneficiaries increased significantly over 2022. From 80 people in 2021, by the end of 2022 we were supporting 130 individuals.
We opened a Dementia Activity Centre and Charity Shop.
We introduced a matched Befriending Service to encourage people to get back out in the community following the Pandemic.
We doubled our volunteer numbers and employed three new members of staff.
## **6. Fundraising**
Our income is made up of grants, the sale of donated items, and individual donations.
2
## **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 £108,021 (2021: £57,005) of which £53,878 was restricted (2021: £53,910) and expenditure of £112,598 (2021: £67,440) of which £52,025 was restricted (2021: £34,306). There was an operating deficit of £4,577 (2021: deficit £10,435) of which a surplus of £1,853 was restricted (2021: deficit £14,216).
At 31 December 2022 the Charity had net assets of £36,368 (2021: £40,945) of which £20,905 was restricted (2021: £29,400).
## **Reserves policy/Going concern**
The Trustees consider the level of reserves, £15,463 (2021: surplus £11,545), prudent for the Charity at this time taking into account the change in activities of the CIO from a drop in hub to shop and training facility. Our Reserves Policy is reviewed annually.
We plan to meet the deficit through fundraising activities during 2023 through the sale of donated items in our charity shop, income from the Dementia Activity Centre and individual donations.
## **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.
## **10. Plans for future periods**
Our priority for 2023 is to consolidate the current provision and to balance demand with capacity. Our Board of Trustees have a Strategic Planning Away Day booked in May 2023 at which time plans will be made to either manage, or embrace, the growth.
3
**11. Reference and administrative details of the charity, its trustees and advisors Registered charity name** Silverline Memories CIO **Charity number** 1163582 **Registered office** 177b Kirkwood Drive Kenton Retail Newcastle upon Tyne NE3 3BE
**Trustees and Members of the Board** Gill Dowey (resigned 17/01/23) Dr..Susan Carr Beverley Horton (resigned 17/01/23) Ian Moses David Coulter Lee Briton (appointed 10/10/22) Marion Kimberley-Ryan (appointed 17/1/22) Maria Flanagan (appointed 03/04/23) Colin Kellett (appointed 03/04/23) Susan Elizabeth Lee Thexton (appointed 03/04/23) Debbie Ellor (appointed 03/04/23) Kevin Hall (appointed 03/04/23) John Thexton (appointed 03/04/23)
**Independent Examiner** Lilian Hetherington Connected Voice Business Services Ltd One Strawberry Lane Newcastle upon Tyne. NE1 4BX. **Bankers** Santander **Solicitor** Andrew Simpson
## **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.
4
## **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:
- A briefing by the Chair or Chief Executive
- An explanation of roles and responsibilities as a Board Member
- Copies of the main charity documents including the Memorandum and Articles of Association and the Financial Statements
- Copy of the business plan and most recent evaluation report
- Copies of recent board papers including budgets and management accounts
- A copy of the Charity Commission publication "How to be an Effective Trustee"
- A copy of the governance structure.
## **13. Related parties**
The CEO is married to a Trustee. 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
## **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:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- 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 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 29.05.2023 and signed on their behalf by:
Maria Flanagan Chair
6
## **SILVERLINE MEMORIES CIO**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 December 2022
I report on the financial statements of Silverline Memories CIO for the year ended 31 December 2022, 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:
- h examine the accounts under section 145 of the Charities Act,
- h to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- h to state whether particular matters have come to my attention.
## **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:
- h the accounting records were not kept in accordance with section 130 of the Charities Act; or
- h the accounts did not accord with the accounting records; or
- h the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair" view which is not a matter considered as part of an independent examination.
I�have�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.
Lilian Hetherington Connected Voice Business Services Ltd One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 12.07.2023
7
## **SILVERLINE MEMORIES CIO STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 December 2022
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
Income from:
Donations and legacies 6 5,671 1,637 7,308 10,319
Charitable activities
Grants and contracts 7 29,016 51,026 80,042 45,750
Other trading activities 8 19,456 1,215 20,671 936
Total income 54,143 53,878 108,021 57,005
Expenditure on:
Raising funds 9 600 843 1,443 902
Charitable activities
Operation of the charity 10 59,973 51,182 111,155 66,538
Total expenditure 60,573 52,025 112,598 67,440
Net income/(expenditure) before ( 6,431 ) 1,853 ( 4,578 ) ( 10,435 )
investment gains/(losses)
Transfers between funds 10,348 ( 10,348 ) - -
Net movement of funds 3,918 ( 8,495 ) ( 4,578 ) ( 10,435 )
Reconciliation of funds
Total funds brought forward 11,545 29,400 40,945 51,380
Total funds carried forward 15,463 20,905 36,368 40,945
Notes
**----- End of picture text -----**
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 2022
|**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|**£**
46
22,080
**22,126**
**( 2,027 )**|**Total**
**2022**
**£**
16,269
**16,269**
**20,099**
**36,368**
15,463
20,905
**36,368**|**£**
-
44,535
**44,535**
**( 4,114 )**|**Total**
**2021**
**£**
524
**524**
**40,421**
**40,945**
11,545
29,400
**40,945**|
|---|---|---|---|---|
The notes on pages 10 to 19 form an integral part of these accounts.
These financial statements were approved by the Board on: and are signed on its behalf by: Maria Flanagan Chair
29.05.2023
9
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 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 October 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 £15,463 and the reseves are under review.
The CIO during 2022 converted from a drop in hub to a shop and training facility which required a large amount of initial cost from reserves. The reserves are expected to recover during 2023.
## 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.
10
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 3.4 **Volunteer help**
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
## 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 New office equipment from 2020 Fixtures and fittings
Straight line at 15% Straight line at 33% Straight line at 20%
11
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
**----- Start of picture text -----**
Analysis of income
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
6 Donations and legacies
Donations and gifts 5,671 1,637 7,308 10,319
5,671 1,637 7,308 10,319
7 Charitable activities
Income from grants
-
Community Foundation 25,677 25,677 1,160
- -
Sport England 3,000 3,000
RW Mann Trust - 1,500 1,500 -
-
Big Lottery 4,016 7,334 11,350
-
Ballinger 15,000 15,000 20,000
- -
Newcastle City Council 5,000 5,000
Sir James Knott 5,000 - 5,000 5,000
Asda Foundation - 1,750 1,750 -
Local Giving - 500 500 -
- -
Persimmon Homes 1,000 1,000
Zurich - 10,000 10,000
Hadley Foundation - 265 265
ASDA - Coming back together event - - - 590
National Lottery A4A - - - 10,000
Rothley Trust - - - 750
DWF Charitable Foundation - - - 3,000
The neighbourly B&Q Foundation - - - 5,000
Alpkit Foundation - - - 250
29,016 51,026 80,042 45,750
8 Other trading activities
Trips 15,585 1,215 16,800 310
Other income 3,871 - 3,871 626
19,456 1,215 20,671 936
**----- End of picture text -----**
Income was £108,021 (2021: £57,005) of which £54,143 was unrestricted or designated (2021: £36,915) and £53,878 was restricted (2021: £20,090)
12
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## **Analysis of expenditure on charitable activities**
|9
10|**_Raising funds_**
**_Charitable activities_**
Direct costs
Support costs
Governance costs
Dementia cafes
Rent
Events and trips
Community Foundation Grant refund
Bank charges
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
£
600
600
**1,666**
**5,024**
**1,771**
**-**
**894**
**33,338**
**-**
**-**
**-**
**-**
**1,957**
**1,579**
**-**
**8,230**
**148**
**908**
**606**
**380**
**2,340**
**111**
**-**
**817**
59,769
Unrestricted
Funds
£
204
204|Restricted
Funds
£
843
843
**15,647**
**8,305**
**346**
**-**
**2,921**
**-**
**4,172**
**690**
**-**
**-**
**12,261**
**71**
**-**
**-**
**285**
**708**
**109**
**846**
**476**
**181**
**-**
**3,468**
50,486
Restricted
Funds
£
696
696|**Total**
**2022**
**£**
**1,443**
**1,443**
**17,313**
**13,329**
**2,117**
**-**
**3,815**
**33,338**
**4,172**
**690**
**-**
**-**
**14,218**
**1,650**
**-**
**8,230**
**433**
**1,616**
**715**
**1,226**
**2,816**
**292**
**-**
**4,285**
**110,255**
**Total**
**2022**
**£**
**900**
**900**|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|
|---|---|---|---|---|---|
13
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 11 **Fees for examination of the accounts**
|12
**Analysis of staff costs and the cost of key management personnel**
Independent examiner's fees for reporting on the accounts
There were no other fees paid to the examiner (2021: £nil)|**2022**
**£**
**900**
**900**|2021
£
696
696|
|---|---|---|
|Salaries and wages
Pension costs (defined contribution pension plan)|**2022**
**£**
**46,667**
**2,117**
**48,784**|2021
£
37,907
1,960
39,867|
|---|---|---|
No employee received remuneration above £60,000 (2021: 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 £34,245 (2021: £31,487).
## 13 **Staff numbers**
The average monthly head count was 6 staff (2021: 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 employees work
Governance|**2022**
**Number**
**0.5**
**1.0**
**1.5**|2021
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.
The CEO of Silverline Memories CIO is on the board of Voluntary Organisations Network North East (VONNE).
David Coulter, Treasurer of Silverline 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 2022
## 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 £2,117 (2021: £1,960). There was £0 outstanding as at 31 December 2022 (2021: £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**|**Premises**
**£**
-
23,975
-
23,975
SL
33%
-
7,912
-
7,912
-
16,063|**Office**
**equipment**
**£**
2,756
-
-
2,756
SL
33%
2,267
283
-
2,550
489
206|**Fixtures**
**and**
**fittings**
**£**
1,339
-
-
1,339
SL
20%
1,304
35
-
1,339
35
-|**Total**
**£**
**4,095**
**23,975**
**-**
**28,070**
**3,571**
**8,230**
**-**
**11,801**
**524**
**16,269**|
|---|---|---|---|---|
18 **Debtors and prepayments (receivable within 1 year)**
|Other debtors|**2022**
**£**
**46**
**46**|2021
£
-
-|
|---|---|---|
|19
Cash at bank
Cash in hand
**Cash at bank and in hand**|**2022**
**£**
**21,990**
**90**
**22,080**|2021
£
44,445
90
44,535|
|---|---|---|
15
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 20 **Creditors and accruals (payable within 1 year)**
**----- Start of picture text -----**
2022 2021
£ £
Accruals
Independent examination of accounts 900 1,392
Other accruals - 2,722
Other creditors 1,127 -
2,027 4,114
**----- End of picture text -----**
## 21 **Events after the end of the reporting period**
No events (requiring adjustment to the financial statements) have occurred after the end of the reporting period but before the financial statements were authorised for issue which relate to conditions that arose after the end of the reporting period.
## 22 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds For the year ended 31 December 2022**
|**Unrestricted funds**
General unrestricted fund
**_Totals_**
**For the year ended 31 December**
**Unrestricted funds**
General unrestricted fund
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
11,545
11,545
**2021**
**Fund**
**balances**
**brought**
**forward**
£
7,764
7,764|**Incoming**
**resources**
£
54,143
54,143
**Incoming**
**resources**
£
36,915
36,915|**Resources**
**expended**
£
( 60,573 )
( 60,573 )
**Resources**
**expended**
£
( 33,134 )
( 33,134 )|**Transfers**
£
10,348
10,348
**Transfers**
£
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**15,463**
**15,463**
**Fund**
**balances**
**carried**
**forward**
**£**
**11,545**
**11,545**|
|---|---|---|---|---|---|
## **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 2022
## **Analysis of movement in restricted funds**
## **For the year ended 31 December 2022**
|**Restricted funds**
Lottery Fund
Community Foundation - PPE
Covid-19 Response Fund
Neighbourhood Community Fund
Memory bus
Dementia cafes
National Lottery A4A
Hub
ASDA - Coming back together
events
DWF Charitable Foundation
Local Giving - Doodle Art
DAC
Choir
Great North Run
Welfare Support
Operational Support
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
1,820
239
1,522
213
-
212
10,630
10,974
290
3,000
500
-
-
-
-
-
29,400|**Incoming**
**resources**
£
-
-
-
-
4,420
1,037
-
8,357
-
-
-
22,387
3,810
1,287
11,080
1,500
53,878|**Resources**
**expended**
£
( 1,820 )
( 239 )
( 1,522 )
( 213 )
( 4,354 )
( 912 )
( 10,336 )
( 10,136 )
( 290 )
( 3,000 )
( 500 )
( 6,976 )
( 3,560 )
( 843 )
( 5,824 )
( 1,500 )
( 52,025 )|**Transfers**
£
-
-
-
-
1,410
( 197 )
( 294 )
( 9,195 )
-
-
-
( 1,018 )
( 250 )
( 444 )
( 360 )
-
( 10,348 )|**Fund**
**balances**
**carried**
**forward**
**£**
**-**
**-**
**-**
**-**
**1,476**
**140**
**-**
**-**
**-**
**-**
**-**
**14,393**
**-**
**-**
**4,896**
**-**
**20,905**|
|---|---|---|---|---|---|
## **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
Balances carried forward|**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
15,250|**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 )
( 33,256 )|**Transfers**
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**-**
**1,820**
**-**
**239**
**1,522**
**-**
**-**
**213**
**-**
**-**
**-**
**212**
**10,630**
**10,974**
**25,610**|
|---|---|---|---|---|---|
17
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## **For the year ended 31 December 2021 (continued)**
|**Restricted funds**
Balances brought forward
events
DWF Charitable Foundation
Local Giving - Doodle Art
Rothely Trust
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
43,616
-
-
43,616|**Incoming**
**resources**
£
15,250
590
3,000
500
750
20,090|**Resources**
**expended**
£
( 33,256 )
( 300 )
-
-
( 750 )
( 34,306 )|**Transfers**
£
-
-
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**25,610**
**290**
**3,000**
**500**
**-**
**29,400**|
|---|---|---|---|---|---|
## **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 trips Lottery Fund Connected Voice - Citylife Community Foundation - PPE Covid-19 Response Fund Allen Lane Foundation R W Mann Neighbourhood Community Fund Memory bus Ballinger Dementia cafes Big Lottery - Awards for all Hub ASDA - Coming back together events DWF Charitable Foundation Local Giving - Doodle Art Rothely Trust DAC Choir Great North Run Welfare Support Operational support
Day Trips - Digital Inclusion (Website rebuild) COVID
Seated exercise groups Forum/Covid-19 Costs Funds to supply Covid-19 PPE equipment. Funds to help with Covid-19 effects. Contribution to CEO salary. Office support/operational support. Funds to help with Covid-19 effects. Funds to purchase and set up a bus for trips. Office costs and operational manager salary. Contribution to delivery of weekly dementia cafes. To cover costs of salaries and related costs. Funds for a new drop in centre. Coming back together events.
Seated exercise groups. Doodle Art. Purchase of I-Pad. Dementia Activity Centre set up and running costs. set up and running costs of Dementia Choir. Fundraising donations (sponsorship) for Great North run participants. Running costs of Befriending Service and support groups. Funding towards operational support costs.
**Transfers between funds For the year ended 31 December 2022**
|Between unrestricted and
restricted funds
Between unrestricted and
restricted funds
Transfer of funds for set up costs at premises.
**Reason for transfer**
Funds reclassified as unrestricted/restricted.|**Amount**
**£**
**( 12,442 )**
**22,789**|
|---|---|
18
## **SILVERLINE MEMORIES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 23 **Capital commitments**
As at 31 December 2022, the charity had no capital commitments (2021 -£nil)
## 24 **Analysis of net assets between funds**
|Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets|Unrestricted
Funds
£
16,269
1,174
( 1,981 )
15,462|Restricted
Funds
£
-
20,906
-
20,906|**Total**
**2022**
**£**
**16,269**
**22,080**
**( 1,981 )**
**36,368**|Total
2021
£
524
44,535
( 4,114 )
40,945|
|---|---|---|---|---|
## 25 **Guarantee**
There have been no guarantees given by the charity at 31 December 2022.
## 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 2022.
## 27 **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