Charity No: 1164348 Action or ementia hep us care for others REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS For the year ended 31st Mareb 2025 Ainsworth5 Limited Charter Hous¢ Stansfi¢ld Street Nelstsn Lancashire BB9 9XY
ACTION FOR DEMENTIA CONTF,NTS OF THE FINANCIAL STATEMENTS For the year ended 31, Mareh 2025 R¢port of the tnistees Ao¢ountants' report to the trustees of Action for Dementia Statement of financial activitie5 Balance sheet Notes to the financial statements 8-12
ACTION FOR DEMENTIA REPORT OF THE TRusfEES For the yegr ended 31, March 2025 The trustees present their annual report and the unaudited financial 5tatctn¢nt5 of the charity for the year ended J I, March 2025. The financial stateinents comply with the Chariiies Act 2011 and Reporting by Charities.. Statement of Recommended Practitt applic&bl¢ to charities prepariiig their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and R¢public of ]land IFRS 102) {effective I" January 20191 (Cliarities SORP (FRS 102)). LEGAL AND ADMINISTRATIVE DETAILS Registered charity number 1164348 Registered addre55 Action for Dementia Technology Centre Bridgc Strect Church LanchITe BB5 4HU Trustee5 and key management personnel The trustees who served during th¢ ycar were as follow5- Dr C S¢htnitg¢n (Chair) (resigned I" of July 2024) J G Cotton (Chair) L Hogan (resigned I, of November 20241 Mrs J Tregartha BA Hon5-PGCE (resigned 27 of April 2024) Mr J J Ashworth (appointed 1st of May 2024) Mrs J Smith (appoiiited 30 of October 2024) Aecountants Ainsworths Limited Chart¢r House Stansfield Street Nelson Lancashire BB9 9XY
ACTION FOR DEMENTIA REPORT OF THE TRU.STF.ES {CONTINUED} For tlie year ended 31, March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Organtsational status Action for Deinentia was registered as a charitable incorporaied organisation (CIO) on I l Nov¢inbci' 2015 under th¢ pi'ovi5ions of the Charities Act {Charity number.. 11643481 and 15 govern¢d by a trust deed dated 3rd July 2014. Organisational structure Tlic Board ciirrently consists of three trustees and is responsible for key policy decisions and the effective governance of the organisation overall. The day to day running of the charity is undertaken by the trustee, J G Cotton. The Board tneets three times a year lo discuss the direction and progTe5sion of the charity, especially projccts and how they are benefilting the community. All projects and events are organised and taken into the community by voluntecrs who report back lo J G Cotton as the trustee running the operation on a regular b1$. Reeruitment and appointment of new board rnembers Trustees are appointed to r¢flc¢t th¢ skills required to siipport the Board and its range of a¢tivities. The trustees theinselves appoint new trustees to the Board either through volunt¢¢rs or people they have met while working in the community. Such recruittnent is bgsed on their individual skills and empathy for the subjcct the Board provid¢s appointee5 Wlth a full orientation on the services provided, the decisioll-making proc¢5ses of the eharity and the roles and responsibilities of a trustee. including their legal obligations under applicable laws. Risk n]anagement The trustees have examilled the major stratcgi¢, business and operational risks which the charity fa¢c5 and confirm that Systems have bcen established to ensure that regular reports are produced and that ncccssary step5 can be taken lo address any issues arising. 0ECTIVEs AND ACTIVITIES The principal activities of the charity arc.. to Tai5e awareness of the impact of dementia on affected patient5 aiid thcir families and carers. to improve the care 2nd quality of life for people living with dementia and thos¢ who care for them. to facilitate improved care through enabling better and illorc 5tKcialis¢d Irdining for carers working with dementia. to work alongside other charities and organisation5 to support the improvemenl of existing services or projects aiid to dcvelop ncw sustainable services and projects. to 5UPPOrt search into dementia related care and development of treatmentlcarc 5tsndards. These services are offered on a ¢haritable basis by ihe provision of grdnts. money items or scrviccs. Publit benefit In setting out the charity'5 objectives and planning of &¢liviti¢s the trustees have given careful consideration to thc Charity Commission's general guidance and section 17(5) of the Charities Act 2011. The triistees are Confdent that the charity offers services of real and practical use to th¢ local popiilation and therefore complies with the responsibility placed on all charities under th¢ Ch2rities Act 201 I to demonstrate a public benefit.
ACTION FOR DEMENTIA REPORTOF THE TRUSTEES (CONTINUED) For the yegr ended 31, March 2024 ACHIEVEMENTS AND PERFORMANCE Since its founding in November 2015 the charity's aim has kcn to rai5¢ awar¢ll¢s5 of d¢m¢ntia and surrounding issues and to build trust and credibility within the community. The charity was very pro-active in these aÉtns and provided inforimation on the 5ervice5, organisations, groups and projects availableto those suffering from all stages of the condition. The charity became donnant for a tiTne a5 the board of trustees ¢hang¢d but now has reforined and is committed to having a positive impact on those affected by dementia. FUTURE PLANS The charity intends to become active again following a period of domiancy to positively influenc¢ those affected by deTnelltia. FINANCIAL REVIEW Thc attachcd statcinent of financial activities shows how fund5 were raised and applied during the year. During the year ended 31. March 2025 incoming resources were £2,604 {2024.. £nil). Resources expended amounted to £1,257 (2024.. £840). The llet result for the year a surplus of £1,347 {2024= deficit of £840). Reserves policy It is the policy of the eharity to maintain unrestrict¢d funds, which arc free rc5erves of the charity. at levels which equate to an excess of its projected needs for the forthcoming year, thereby providing siifficient fund5 to cov¢r management, adininistration and support costs and enable the ongoing development of projects. The trustees believe the nel asset position is sutTicient to satisfy such reqli1mcntS althtsiigh th¢s¢ Icvcls of frcc Teservc5 are reviewed on a regular basis. Risk assessment The trustees reviewthe major risks faced by the charity during their regular meetings and confirn) there are systems in place to mitigFat¢ th¢Tll. Internal risks ar¢ minimiKd by the segregation ofduties and procedures for authorisation of all transactions. Acknowledgements The trustees would like to express thanks to all the charity's Voluntee who have provided invaluable resources during this pcriod of activity.
ACTION FOR DEMENTIA REPORT OF THE TRUSTEES (CONTINUED) For the year ended 31, March 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES Under charity law, the triislees are responsible for preparing the Report of the Trustces and th¢ financial statements for each financial ycar which Show a true and fair vicw of the state of affairs of the charity and of the excess of income over expcnditurc for that p¢Nod. In preparing these financial statement5, generally acc¢pt¢d accounting practice entails that the trustees.. sele¢t suitable aecounting policies and then apply them consistently- observe the methods and principles in the Charitie5 SORP,. make jiidgements and estimates that are reasonable and prudent. state whether the recommendations of the Statement of Re¢onimended Practice have been followed, subject to any mat¢rial departures dise105ed and explained in the financial statement5- state whether the financial statements comply with the trkLSt deed. subjeci to any material departures dis¢losed and explained in the financial statements. and prepare the financial statements on the going concern basi5 unless it Is inappropriate to presume that the charity will continuc its activities. The trustees are required to act in accordance ivith the tr115t d¢¢d of the charity, M'iihin the framework of trust law. They are rcspon5ible for keeping proper accounting records, sufficient to disclose at any time, with rcasonabl¢ accuracy, the financial position of the charity at that time, and to enable them to ensure that, where any statements of accounts are prepared by theill ulldcr the Chariti¢s Act 201 l and the applicable Charity (Accounts and Reports) Regulations, those statements of accoiints comply with the requirements of regulations under t1105e provisions. The trustees a150 have 2 general responsibility for taking such steps are reasonably open to them to saf¢guard th¢ ass¢t5 of the charity and io prevent and detect fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial infonnation includ¢d on the charity's website. Charity requirements This report has been prepared in accordance with requirements set down by the Charities SORP {FRS 102). Signature.. Nam¢'. Justin Cotton Date.. 3010112026
REPORT OF THE ACCOUNTANTS, TO THE TRUSTEES OF ACTION FOR DF.MENTIA For the year ended 31, Mareh 2025 In accordance with ourtemis of engagement ive have prepared for yourapproval the fInancial statements of Action for Dementia for the year ended 31. March 2025 on pages 6 to 12 from the accounting records and from infonnation and ¢xplanations you have given us. As a practising member finn of the Institute of Chartered Accountants in England and Wales {ICAEW), we ar¢ subje¢t to its ethical and other professional requireinents which are detailed at icaew.com/membershandbook. This report is made solely to you, as trustees, in accordancc with our tem)s of ¢ngagemenl. Our work has been undertaken 501ely lo prepare for your approval the financial Statements of Action for Dementia and state those matters that we have agreed to stal¢ to you in this report in accordanc¢ with ICAEW Technical Releasc TECH08116 AAF. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than yourselvc5 for our work or for this report. Yoii have approved the financial stat¢ments for the year ended 31, March 2024 and have acknowledged your responsibility for them, for the appropriateness of the financial reporting frainework adopted and for providing all information and explanations necessary for th¢ir compilation. We have not verified the accuracy or completeness of the accounting record5 or inftsnnation and explanations YOU have given us and we do not, thereforc, express any opinion on the financial stat¢ments. Ainsworths Limil¢d Chartered Accountants Charter Hous¢ Stansfield Street Nelson BB9 9XY Dated.. 3010112026
ACTION FOR DEMENTIA STATEMENT OF FIIYANCIAL ACTIVITIES For the >'ear ended 31. March 2025 Unrestricted funds Restricted funds Notes 2025 2024 Income frorn: Donatioiis Charitable activities Trading activities Tot81 intoming resouTces 2,604 2.604 2,604 2,604 Expenditure on: Raising funds Charitable activities ,257 ,257 840 Total expenditure ,257 840 Net incorningl(outgoing) resources before other recognised gainsl{losses) lJ47 1,347 (840} Other recognised gainslllosscs) Net movernent in fund5 1,347 lJ47 {840) Total fund5 brought forward 3J99 99 Total fund5 carried forward 2,052 2,052 All transactions relate to continiiing operations. There are llo other recogni5ed gains or losses for th¢ year other than in the Statement of Financial Activities.
ACTION FOR DEMENTIA BALANCE SHEET As llt 31. March 2025 Notes 2025 2024 Fixed assets Tangible assets Current a55ets Stocks Dcbtors Cash at bank and in hand Current liabilities Creditors.. Amounts falling due within one year 2,177 3,399 Current assets less current liabilities 2,171 Net assets 2,052 Funds Restricted Unr¢stricted 2,052 2,052 3010112026 These financial statements wer¢ approved by the Board of Trustee5 on beh£iifby.' and signed on its Signature.. NaTne'. Justin Cotton
ACTION FOR DEMENTIA NOTES TO THE FINANCIAL STATEMENTS For the year ended 31. Mgrcli 2025 ACCOUNTING POLICIES Statutory information Action for Dementia is a eharitable incorporated organisation ICIO} registcred with the Charity Commission in England. The registcred charity number and addres5 can b¢ found in the Report of the Trustees on pag¢ l. Basis of preparation Thc financial staleinents have been prepar¢d in aeeordance with the Statement of RecoTnmended Prdctice.. Accounting and Reporting by Charities preparing their accounts in accordanc¢ with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102) issued on 16, July 2014 and the Fiiiancial R¢porting Standard applicable in th¢ United Kingdom and Republic of Ircland {FRS 102) and the Charities Act 201 l and United Kingdom Generally Accepted Practice as it applies from I" January 2019. The financial statements hav¢ been prepared to give a 'true and fair view, and have departed froin thc Charitie5 (Accounts and Reports) Regulations 2008 only to the extent required to provid¢ a 'trlle and fair view.. This departure has involved following Accounting and Reporting by Charities preparing their financial statements in aceordance with the Financial R¢porting Standard applicable in the unit KTnLdom and Rcpiiblic of Ireland IFRS 1021 issued on 16, July 2014 rather than the Accounting and Reporting by Charities: Statement of Rc¢omineRded Practice effective froir I" April 2005 which since b¢en withdrawn. Action for Dementia Tn¢ets the definition of a public bcncfit ¢ntity under FRS 102. Assets alld liabilities are initially reeognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notels). Cash flow The charity is exempt from the requirement to prepare a cash flow 5tat¢ment as it qualifies as a small entity. Incoming resources All incoming resourccs arc inelllded on the Statement of Financial Activities when the charity is l¢gally entitl¢d lo the income and the amount can k qutntified with reasonable accuracy. Income from donations, l¢gacies, fundraising and similar incoming resources are included in the period in whi¢h they are receivable. Any income received for specific purpose is accoullted for as restricted funds when receivabl¢.
ACTION FOR DEMENTIA NOTES TO THF, FINANCIAL STATEMENTS {CONTINUED) For the year eNded 31. March 2025 ACCOUNTING POLICIES (Continued) Expenditure Expenditure is aecouiited for on an accruals basis (inclusive of attributable value added tax which cannot be recovered) and has been classified under the principal categories related to the cost. Costs allocated to activities in Ilie fiirtherance of the charity's object5 are those directly associal¢d with achievin&J the charity's goals. Support costs are those inciirred in connection with the maTragement of the cotnpany's a55ets, organisational adTninistration and compliance with constitutional and statutory requir¢iiients. Where costs cannot be directly attributed to particular he2dings they havc been allocated to activities on a basis consistent with the use of resOu¢s. Fund accounting Unrestricted fuiids are available for use at the discretion of the trustees in the furtherance of the general activities of the ch2rity. Surplus funds can be allocated to restricted projects if the Iruslces believe thcy are required. Restrict¢d funds are funds siibject10 specific restriction imposed by the donor5 forthe purpose of any appeal in which th¢ funds are Tai5ed and can only be used for particular purpose within the objeets of the charity. Fixed 255ets Depreciation is provided at the following rates in ord¢r to write off ¢ach asset OVeT its estimated useful life= Website Coinputer equipm¢nt Fixtures, fittings and office equipment 200/0 on c05t 3) /0 on cost 20Q/o on cost Taxation The coinpany is a registered charity and is therefore exempt from Incom¢ Tax and Corporation TLX under the provisions of Section 505(1) of the Income and Corporation Taxes Act 1988.
ACTION FOR DEMF,NTIA NOTF.S TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31, Mareh 202$ INCOME FROM DONATIONS 2025 2024 Donations Legacies 829 1,775 2,604 EXPENDITURE ON CHARITABLE ACTIVITIES Unrestricted Restricted 2025 2024 Donations Events and festival expenses Proinotional expenses Premises expcnses and rent Telephone Travelling expcns¢s Postage, Printing and Stationery Repair5 and renewa15 Training costs Accountancy Professional fees Sundry expenses D¢preciation Interest J20 320 360 468 49 60 360 468 49 60 840 1257 1257 840 ST AFF COSTS The charity has no employees and the truste¢5 have received neith¢r remuneration nor reimbursement of exp¢nses during th¢ y¢ar. 10
ACTION FOR DEMENTIA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year elided 31. March 2V25 TANGIBLE FIXED ASSETS Computer equipment Fixtures and rittings Website Total Cost: At ISI April 2024 Additions At 31 * March 2025 987 828 1,815 179 179 179 987 828 Depreciation: At I, April 2024 ChargFe for the year At 31" March 2025 987 828 1,815 60 1,875 60 60 987 828 Net book value: At ) 1° March 2025 119 119 At 31, MaTch 2024 DEBTORS 2025 2024 Loan to J Cotton, trustcc CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank overdraft Trade creditors Loan from J Cotton, trustee Loan from Dr C Schmitgen, truste¢ Accruals 1,822 191 1,386 191 1,386 600 2.177
ACTION FOR DEMENTIA NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI For the Y'ear elided 31, March 2025 SUMMARY OF FUNDS Analysis of asset5 and liabilitlcs bctwcen funds.. Unrestrieted funds 2025 Restricted funds 2025 Total funds 2025 Fixed asscts Current 2ssels Current liabilities 119 (2,177) (2,177) 2,052 2,052 Movement in funds Total funds 2025 Unrestricted funds Restricted fund5 Balance brought forward Net incoiningloutgoingl resourc¢5 (3,399) 1,347 (3,399) lJ47 Balance carried forward 2,052 RELATED PARTY TRANSACTIONS There wcrc no Tclated party transactions during the current nor pr¢vious reporting period. 12