Charity No: 1164348 Action or ementia Lelp us core for others REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS For the year ended 31° March 2023 Ainsworth5 Limited Charter House Stansfield Street h'elson Lanca5hire BB9 9XY ACTION FOR DELIIEhTIA CONTETrITS OF THE FtNANCIAL STATEMENTS For the ye&r ended 31° M8rch 2023 R¢port of the tnJst¢es A¢countants' report to the ¢nJst¢es of Acti(yn for Dementia Ststement of fiTwicia] activities Balance sheet Notes to the f]naDcial statcments 8-12 ACTION FOR DEMENTIA REPORT OV THE TRUSTEES For the year ended 311tr March 2023 The InJsle¢s pr¢s¢nt their annual report and th¢ un&udited finarLCi81 statements of the charity for th¢ y¢ar ended 31" March 2023. The financial statements comply with dLC Charities Act 2011 and Reporting by Chariti&8: Statement of Recommended Practice appIl￿ble to ¢hariti¢s pr¢paTing their accounts in accordance with the Financial Reporting Standard applicable in th¢ United Kingdom and Republic of Ireland (FRS 102) (effecuve 1st JaTWary 2015) - (Charities SORP (FRS 102)). LEGAL AD,MTNtSTRATIVE DETAILS Regtstered chArity number 1164348 Registered #ddre88 A¢tion for Dementia Technology Centre Bridge Street Church Lancashire BB5 4HU Trustees and key manydgement personllel Thc trusttts who serv￿ during the year were &8 foll Dr C SchllJitg¢n (Chair) {resigns] 111 of July 2024) J G Cotton (Chair) L Hogan hfrs J Tregartha BA HollS-PGCE (r¢8ign¢d 27th of April 2024) Mr J J Ashworih was appoint¢d after the end of the financial ycarbeing reported on, but prior to the date of tlLese finan¢ial statanen Accountants Ainsworths Limited Charter Ho￿Se Stansfield Street Nelson tancasbire BB9 9XY Bankers Barclays BY￿k PIC 72n8 St. James Str Burnley Lan¢ashiTe BBII INH ACTION FOR DELVIENtIA REPORT OF THE TRusfEES (CONfiNUED) For the year ended 315t MArcb 2023 STRucfuRE, GOVERNANCE AM) MANAGEMENT Orgainisational status Action for D¢m¢ntsa was registered as a charitablc inc0￿rated organisation (CEO) on I Ilh November 2015 utxqer the provisiolls of the ￿aritieS Act (Charity nunTrber. 1164348) and 18 goN'emed by a trnst dccd dal¢d 3 July 2014. Organisatlonal structure The Board currently consists of four In]stees and 18 responsible for k¢y policy decAsions and the effective governance of the organisalion overaLL. Th¢ day to day running of tbc Ch￿7ty xs undertaken by the trustee, J G Cotton. The Board meets thrct titllcs a year to diSC￿S the direction arLd progression of the charity, especially proje£ts and how they are b¢nefitting the community. AJ] projects and events are OFgaThis¢d and lak¢n into th¢ community by voluntecrs who rcwrt back to J G Cotton as the trustee running the operation on a re￿laT basis. Reeruitment and appointment of new boArd members Trustees are appointed to r¢fl¢¢t the skills required to support thc Board 8nd its range of activities. The tr￿leeS themselves apwinl llew tnstces to the Board eitbu tknugb volunteers or p￿pIt they have met wbile working in the community. Suchrecruitment Is based on their individual skills and empathy for the subject the Board provideB appointees with a full orientation on the seryices provided. the decislon-n￿klng processes of the ch￿ltY and the ro1¢8 and res￿nsIbIlItieS of a trnstee. including tILeir legal obligatiolls under applicable law& Risk m￿agernent The truste¢$ h3v¢ examined the major stralegic, busincss and ¢)pcratiooal risks which the cl)arity faces and confjnn tbat syst¢mshave b￿￿ establishedto ensu￿ that regularrepons are produed and thatnecessary steps canbe taken to addre&s any issues arising. OBJvcfivES AND AcrtlqTIES Tbe principal activili¢s of the charity ar¢.. to raise awareness of tlLe inLpact of de￿entia on affected patients and their families and carers. to improve the care and gualiry of life foT peopl¢ living with dementia and thosc Thho carc for them. to facilitatc improved c￿¢ througb eoabling better and more specidised traitting for carers working with dementia. to Work alongside other charities and orgauisations to support the improvement of existing services or projects and w develop new sustainabl¢ ￿CeS and projects. to support re8¢arth into dementia related care and devclopmtnt of treatmenVGqre standards. These seryices 8re offered on a Ch￿Ilable bAsis by the provi8ion of gran14 mon¢y items or services. Publlc benefit In setting out the charity's objective5 alld planning of a¢tiviti¢s th¢ trwstees have givcn carcful consideration to the Chatily Commission's general guidance and section 17(5) of the Clwities Act 2011. The tr￿teeS are confident that the charity ofters servi￿ of real 8nd prncticat use io the local population and therefor¢ compliEs with th¢ responsibility pla¢ed on all ¢harities ulld￿ the Ciwitie5 Act 2011 ￿ demonstrnte a publi¢ benefit. ACTION FOR DEMENTIA REPORT OF THE TRusfEES (CONTThL'ED) For the year ended 31" March 21ll2 ACHIEVEMENfs AND PERFORMANCE Sinc¢ its founding in Nov¢mb¢r 2015 Lh¢ clwity's aiTn was to raise a￿elless of dementia and sum)unding issues and to build trusi and ¢redibility ￿thin the community. The ¢bariiy was verypro-active in tbese aims andprovided information on the services. orgatii5ation& ￿0up5 and projects available to those suffering from ail stsges of the condition. FUTURE PLANS It was the intelltion of the trustees to ¢lose th¢ ch8Tity due to a lack of funding but following a change in some of the ttust¢¢ board, the decision bas IKcn iTrithdrawn and the CI￿lty will now continue to operate. FINANCIAL RLVIEW The attached Stalemellt of financial activities sbows how fi]nds w(¥c raisa and applied during the y¢ar. During the YC￿ ended 3181March 2023 incomingresourcesamounted to £￿1 (2022: £1,552). Resources expend¢d amounted to £1208 (2022: £2.561). Thr Det result for the year w&s a deficit of £607 (2022: £1.009). ReserYe5 po]icy It is the policy of the charity to maintain unrestricted fimds. wbicb are fre¢ reserves of the charity, at levels which equate to atL excess of its projected nee are JEquir&l to act in accoDJance with the trnSt ¢ked of the charity, within the framewo& of trust law. They are responsible for keeping proper accounting r￿OrdS. sufficient to disclose at any time, with reosonable accurw, the f￿￿¢1&1 position of the charity at that lime. amd to enable them to e￿llre thaL wheTr any statements of ac¢ouuts are prepared by under the Charities Act 2011 the applieable CTr￿1ty (Accounts a￿dReportS) R¢gul&tions, those statements of accounts comply with the require4nents of regulatioos uoderthose provisions. The trustee6 also have a general ￿ponsibility for tsking such stq)s as are Te&8onably open to diem to sgfeguard the &ssets of th¢ charity and to Preve￿ d&ect fraud and iyth& irregularitie5. The trnstees are r¢sponsible forthe maiDtenfince and integlity of the clwity and financial information included on the charity's welKsit& Charity requirements This report h&8 been prepared in aw)nkn¢e with requi]Em￿ts set by th¢ CtJ8rities SORP (FRS 102). Si￿atU￿. Name: Justin Cotton Date: 17 REPORT OF THE ACCOUNTMTS, TO THE TRusfEES OF ACTtOll FOR DEMENTIA For the year ellded 311t March 2023 In awordan¢e with ourterms of cngagcmentwehave pr¢paredforyourapproval the financial statements of Aetion for Dementia for the y&qr ended 31M March 2023 on page5 6 to 12 from the accounting records and from infornmtion and explaaations you hav¢ given u& As a practising Me￿I￿r firtu of the Institute of C]wtered A￿u￿tants in Eugland and Wales (ICAEW). we aTe subject to ils and other professional requirement8 wbicb are detaileAI at icaew.com/membcrshandbook Thi8 report is made solely to you, as trustee4 in accordance with our tern)s of engagement. Our work h&8 been undertaken solely to prepare for your apwoval the financial statenents of Action for Demelltia aDd state those matters that we have agreedto st&teto you in th[5 rq)ortill accordance with ICABW TechDical RclcaseTECH08116 AAF. To the fullest cxknt p¢rmitted by law, w¢ do not accept OT assume responsibility ¢0 anyone other than yourselve8 for our work or for this rcporL You havc approved the financial statements for the year ended 315t Marcb 2023 and have acknowledged your responsibility for th￿ for the appropriaten&ss of the financial Twting framework adopted and for providing all inforn￿￿On and explanatiODè necessary for their colljpilation. We have noi verified the ac¢urn¢y or compld¢De&s of the accountingrewrds or inforniation and ¢xpfiattations you have given us and we do not, thercforc, cxpress any opillion on the fioarlcial statements. WOQThS LIMrf6D Ainsworths Liniited Chartered Accountants Charlcr House St8nsfi¢ld Str¢¢t Nelson BB9 9XY Datcd.. 21- ￿￿6(}51 202* ACTION FOR DEMENTIA SfATETrIEI%T OF FINANCIAL ACtIVlTIES For the year ended 31" March 21n3 Unrestricted Restricted funds fund 2023 2022 Income from". Donations Charitable activities Trading activities Total Incoming resoureey 601 601 1,552 601 601 1.552 Expenditure on: Raising fi￿d$ ch￿[table ￿tiviti(S 1208 IJ08 2,561 Totr41 expelldlture Net (outgoingvlncomlng resour¢e5 before other reeog])ised galnsloosses) (607) (1.009) OLher recognised gainsl(losses) Net movement in funds (607) {607) (1,009) Tothl funds brought forward 1.952 943 Tothl funds earrled fO￿Ard 59 59 All trdnsac110118 relate to continuing operations. There are no other r¢cognised gain5 or10sSC5 for thc year othcr than in the Statement of Financial Activities. ACTION FOR DEMENTIA BALANCI SHEET As at 31° March 2023 Not&8 2023 2022 Fsxed assets TaDgibl¢ a%8ets 54 Current 4sqets Stooks DebtOT5 Cash at bank and in hand 175 114 114 175 Current liabilitie Creditor5: Amounts falling due within one 673 2.181 Current *ssets lus eurrellt liabiliti 559 2,006 Net Jssets 1.952 Funds Restricted Unr¢stri¢ted 1559 $59 These ftnancial statern￿ts were appJDved by the Board of Trusteas on . b¢hatf by: ..n.Ic%81201* . and signed on its SigTkatuJE: Nam¢: Justin Cotton ACTION FOR DEMENTIA r40TES TO THE FINArqctAL STATEMETr￿s For the year ended 311t March 2023 ACCOUNTING POLICIES Statutory Inforn￿tioll Action for D¢￿entia 18 a clwilable incoryKprat¢d or8anisation (CIO) registered with the Ckwity Commis3LOll in England. Th¢ regist￿ed charity nunther and addr￿S call be fowjd in the Report of the Tru8tees oll page l. Basls of preparation The financial statements have been Prepar￿ in ￿[dall¢¢ wi¢b the Statem¢ut of li¢¢ommended Practice: Accounting and Rwrtingby Charities preparing th¢iraccounts in accordance ￿ryththc Financial Reportin8 Standard applicable ITh the Unilcd Kiugdojll and Republic of IrelAnd(FRS 102) Issued on 16th July 2014 and the Financial Reporting Standard applicable in theLnited Kingdom and Republic of IrelaDd (FRS 102) and the Cliatitics Act 2011 and Lnited Kingdom Generally Accepted Practice as it applie5 from 111 January 2015. The finan¢ial staments have Eten prepared to givc a 'ttu¢ and fair view, and hav¢ dyrted from the CILariÉies (Accounts and RqK)rts) Regulations 2008 only to the extent required to provide & 'true and fair view.. This departL￿e has itLvolved following Accounting and Reporting by Charities preparing their financial staten]ents in accordance with the Financial ReEx)rting S"tandard applicable in the Unitcd Kingdom and Republic of Ireland (FRS 102) issued OD 16 July 2014 rath¢r than th¢ A¢wuntirLg and Reporting by Cbariti¢s.' Stat¢nient of RWomme￿aed Practice effe£tive from 1° Awil 2005 which ]Ja8 since been withdrawn. Action for Dementia meets thedefinition of a public benefit elltityunder FRS 102. Asscts and liabiliti￿ ar¢ initially reco￿15￿ at bistorical cosi or traJ]saciion value unless otherwis¢ stalcd in the r¢l¢vant a¢wunting policy note(s). Ca6h Ilow The clwity is cxcmpt from the requirnent toprepare a eash flow statement &s itquaiifies as a small entity. Incoming resourees All incoming resources are included on the Statetnent of FinanciJJ Activities whcn the c]Jarity is legally entitled ts) the incottL¢ and the amount call k q4witifi¢d hryih reasonable accuracy. Income from dollatiolls, Icgacics, fulldraisitig aud 8iJJ)ilar iocoming resources aTe included in the period in which th¢y ar¢T¢ceivable. Any incorne received for specific purp(￿ is a(Younted for as restricted fullds wben re￿1Vable. ACTION FOR DEMENTIA NOTES TO THE FTNLYCIAL STATEMEhTS (coYfL1￿iD) For the year ended 31U March 2023 ACCOi]NTLNG POLICIES (Conthiue(r) Expenditure Bxp¢ndittr¢ is accounted for on an accruals basis (inclusive of attributable value added which cannot be r￿vered} and bas been eI￿lfied under the principal categoties related to the cost. Costs allocated w a¢tiv(ti¢s in th¢ furtberance of the charity"5 objects are those dirc¢tly associated with 8chieving the charity's goa15. Support Cobts are those in¢urred in connection the management of the couipany'5 a8sels, or8auisational administration and compliance with constitutional and slatutory requirements. WILcrc Costs cajjnot be directly ￿rIbu￿1 to particular headings they have been allocatcd to activities on a b&sis co￿lStent with the use of rGsourc&s. Fund aceollnting Unrestricted fl￿d5 are availablc for us¢ at the discretion of the trustees in thc furtheronce of the genernl a¢tiviti¢s of the charity. sU￿lUs funds call be all(￿tea to restricted projects rfthe trustees believe ttLey are required. Restrictedfimds are fijnds subject to SpecificrestrictionimE￿bY th¢ donors fortbepurp08e of any appeal in which the fullds are rais￿ aud can only k used for paTtiallar purpose within the obJ￿ts of the clwity. Flxed assets Depreciation is provided al the followingTates in ord¢r to write off eath awt ov¢r its e8timatedusefid life.. Website Fixttw¢s, fittings and office wipment 20 /0 on cosi 20•/0 on cost Taxatlon The CoMpa￿Y is a registered chariry and is therefore oxempt from Income T&x and Cotporation Tax under the wovisions of Section 505(1) of the lllcome and Coqwdtioll Taxcs Act 1988. ACTION FOR DEMENrIA NOTES TO THE FINLYCIAL STATEMENYS (co.YfLNUED) For the year ended 31 March 2011 INCO.ME FROM DONATIOINS 2D23 2022 DonatiODS Fundraising wllections 601 1,552 601 1,552 EXPEND￿uRE ON CHARITABLE AcfiviTtES Unrestricted Restricted 2023 2022 Donations Events and festiv&t expenses Promotional expenses Premises expenses and rent Telephon Trav¢lling expenses Postage, Printing alld Stationery Repairs and renewals Training costs Accountancy Prof¢ssional fees Sundry expens¢s Depreciation JThterest UnreceiptLul expellditur¢ (scc not¢ 4) 175 175 350 626 626 845 342 342 300 256 13 797 li li 1208 2,561 UNRECEIFTED EXPKDITURE Resources expended includ¢ an amount of £nil (2022: £797) spent as cash atLd bank Pay￿￿ts that could not be vouched to supporting do¢utllcntation i.e. invoices and receipts, and therefi)re could not be categoriscd nor verified as to what the expenditure Telates to. AFF COSTS The charity has no ¢mployxs and th¢ trus￿ have r￿e1ved neither rcmuneratiijll nor r¢imbwsem¢nt of expenses during tbe year. io ACTION FOR DEMErfflA NOTES TO THE FINATr4CIAL sfATEMETh (COhYINUED) For the ye4r ended 31" March 2023 TANGIBLE FIXED ASSETS Fiithres and fittlng5 Website Total Cost: Ai I" April 2022 and 31Gt March 2023 987 828 Depreciation: Ai I" April 2022 Charge for the year At 3151 March 2023 987 774 1,761 987 828 Net bookV￿ue. At 31° Mar¢h 2023 At 31* March 2022 54 54 DEBTORS 2023 2022 IA)au to J Cotton, tO￿te< CREDITORS: AMou￿rS FALLLWG DLE WtTlllN. ONE YLIR 2023 2022 Bank overdrnft Trade creditors from J Cotton, truste¢ Loan from Dr C SclulliÉgell, tr￿slee AF¢ru￿$ 21 740 20 500 900 191 1.500 2,673 li ACTION FOR DELVIENllA NOTES TO THE FINA￿"CIAL sfATEMEf4TS (COhYLNITD) For the year ended 3131 March 2023 SUMMARY OF FUNDS Analysis of assets and liabilities fimds.. Unrestricted fmnds Restricted fvnds Total funds 2023 2023 2023 Fixed assets c￿￿ellI assets Current liabilities 114 (2,673) 114 (1673) 59 Movement In funds Total funds 2022 Unrestrlcted funds Restricted funds Balance brought forward Net incoiningl(outgoing) r&sourc¢s (1,952) {607) (1,952) (607) Balance carried forward 59 59 RELATED PARTY TIL#lNS.4CTIONS There wett no related party transactions dun.ng thc wrcllt llor prcvious r¢portMig period.