TIBBS DEMEiYfIA FOUNDATION A company incorporated in England and Wales Number 94423?4 Registered Charity number 1166596 FINANCIALSTATEMENTSANDREPORI'S FOR THE YEAR ENDED 31. ' MARCH 2024 Registered Office 40 Kimbolton Road, Bedford MK40 2NR Adminisirative Office 5 Lansdowne Road Bedford MK40 2B Y Website: Hryw.tibbsdemeniia.co.uk
TIBBS DEMENTIA FOUNDATION TRUSTEF,S' (DIREcfoRS') REPORT AND FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS Re)rt of the Trnstres, (Directors, Pa& Ind¢p¥nd¢I ExaThinrr s Report Pag¢s Si&tement of Financial Acliyilics Page ShL*t Not¢s on the FInaclaI Stal¢M¢nts Pag¢s
TIBBS DEMENTIA FOUNDATION TRUSTEES, IDIRECTORS'I REPORT ST FOR THE YEAR ENDED 31 MARCH 2024 The Trusiees (who are a150 t)IrlOr5 ofihe cnmpany for th¢ ()fcumpany Law) prcsent their annuBI report with the lingncial siaiemenls Ivrihc eaTended 31. M#r¢h 2074 1-hL IinyllLial %l¥tLmLnt% compl> ihe rcqiiiremcnis of the C.QTnpanies Art IhL CharitiLs Aci •OI l. thL MLmor&itdum and Articles of thL Lompaiiv finallcial Reportin¥ Ssandard 102 and follo the reciiTntneDdaiion% in ALLvunlin¥ and RLPOrting by Lh&riiies. STRUCTURE. GOVERNANCF. AND MANAQiEMEN'r Tibbs tkmentia FnuiidAtion is a company liniiied by guarantee Icotnpany numbeT 9442724) alld registered as a charity {iharitv Triimber 11665901 OD 18, April 21116. Th¢ ¥i{)¥¢rningr instrunicnt of the chpthiable company is the Memornndum and Articles ot'AssociHlion. The rn¢tnber%hip ha8 th¢ Iv&al TV¥Pi)n¥ibilitit% tn th¢ gawem&nce of the cliBrity for electingthe directors ho are alsothe Iruslee5. Ils respon5ibiliii¢s a150 iTrcludc-. Ihc admi551{)n and Cl1]rication 0fmeinr5 of the compaiiy .'char5ty.' 8greeiii8 procedurc5 ai bT¢neral Meeting and m¢tirtbi% Of thL dircetors trn4tLL'Y.- fL¥LLivittg thL' annual rL'port and finaiicial statemLllts ot-llie direciors ini%lees apwinlin¥ thi indepcNdLnl CA#miner. Bein8 a company limiied b> guardniee. Ihere is also a iK)urd iTrf dir¢¢lvrs who a151? aci ifusi#es oFtht registered chariiy. The Dir¢ciors and tru51ecs nf the Fnundati<in durin¥ ihL' }.ar %%'LfL-. Nick Willis ICh8irni&nl HaoindLT Sirtgh (Jlis&I Si¢phrn l.yn¥ Richard W'ard IRe5isn¢d 28 Trcbruary 20241 Jennifer Tonilin%nn David Eale5 {APlted ?8 F¢bnw 20241 Th¢ irust¢¢s ma8¢ th¢ busin¢ss of the charit) and are reswnsible for ensuring that ihe charil) is solveni. well-rnn. and delivering the rharilablr oulLvm¥5 fi)r whirh li ha¥ been set llp. ensuring ihe chorily coniplics wilh charity law and with the r¢quireTneDis ()' th¢ Iharily Commission. th81 the eharitN dLs noi breach any of the reqU1mentS of lis 8overnin& docum¢ni and thai il Tty'tnains Irui. Ii? Ihcehariiable purwse set out there. aciing wilh inie¥rity and ovoidiD¥ anj p¢rsL)nal conllicl¥ Iil'inleTe%l yr mitsusL iTrf the Lharit)'% funds i)r assets. appi)inis and re8uIHiing ihe financial at7airs Ot-lhe charli%. Th¢ trUsL,5 ma} LntLf into eontraets. appoini and ¢p10 stall.. deterniine stsfl. r¢niun¢raiivD and The irusr¢es merf regularly ¢Juring the y¥ar 45 r¥yUld. MLeiing4 provide an opportuiiity for Tnisices chan¥es. When required formal irainin¥i or adviro linrn cnnsultants is received. DÈJ to Day management of the charity Is delcgatcd to th¢ Chief ÈAeL'uIIVL. OtTicer. Sarnh Russell.
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRF.CTORS') RF.PORT ST FOR THE YEAR F,NDF.D 31 MARCH 2024 OBJECTIVES AND ACTIVITIES (including Review of the yearl l-ihb% DL+nlLnt&a Fuundaii4)n Lsbjeci is io prowidL scrwices wliich proiiiote tlie iniproved health ot-people &ffe£ied by dement18 Bnd which provide relief, includingcare and support. io people with d¢m¢niia and those who care for ihem. 'ribb% i)cm¢nita l.tsundaiio)n h9% froin the I S April ?016 taken ower re4p)nsibi11ty for ihe projects p'v1{11 PA)vidL.d I'ibh% Ikmeniia 8erviLes C'IC aiid has coniinued gs ils principal acti1 io d¢v¢l¢)p th¢.4L' %efviL¢N til bL'nLfit PLopIL Witli demcnii& and thLir carers wiihin the Ial Bedtord immunily C¥Dirul U¢Jfi)rd5hirL. libbs 1)¥**¢rttia Fouttdaiioli pfi)Vides rtve core serviees.. 'Musie 4 MLmi)ty" a ere&iiwc musical space for carers and people with demeniia drdwinyi on the principle% i)l-mu.4ic iherJp) wilh i)PNrtuAIIiL% forpLrforni&iieL prow1ded throuyli regulargroup Se55ions. individual 'at hoDl¢' S¥11)n$. 4nd group SL'S¥ions in ¥&rc homLS. Challengers 4 Memorv which include reglar Sessions of a ran¥¢ of fun. wciablc. phv8icall siimulaiing ac11ltieS includin¥ re¥ular Sessil5 of Indwr bo15. walkinb rlball. a walkiD¥ ¥roup. well1¥ session. circuit training And aerobics. >oga. nnd working on allotsn¢nt. InfoFTDafiOn 5ession5 iifteriD¥i liprtY111e fiw famil) Lar¥r4 ynd people with a dihgnosis kn) dcvclop their iindersthnding ofdernentia and th¢ suPrt iiefwnrks aNailable. ial aclivili¢s Ihrou¥h OUTdrop in and I'ibbs4"lea5 oylinbs. Tibbs tkmeiiiia Foundaiioll eniplovs 17 fulvpart time employee5. 3 few contraacTrr5 who 5UPWrt 5pecifiL 4KIT¥ili¢s and ov¢r60 unpaid vvlunt¢¥rs wilhoul wh(ym li would Dot k able io prD¥idc tht rangcand qualit}. ofservices provid1. Intheye8rto 31° March 2024. it is estimated thai volunteers providedoyer IDi)D hours of ser¥iee to the charity. In April 2022 the Cbrit). havlrt¥ betn awarded a three year corttr&ci by Cen] Bedfordshire Counoil I'C'BC-I with comrntnsuraie grant fuijding provided CBC. stsrted its extend lis serviLes AL'ross Centrdl Dedfordshire. Since thcti Tibbs Ikmentia Found&tIL sicadily increased the numbttof services it provides acrossthe region rmviding a comprehensive service by the end of the financigl year.
TIBBS DEMENTIA FOUNDATION TRUSTEES, {DIRECTORS') REPORT FOR THE YEAR ENDED 31ST MARCH 2024 KISK REVIF.W Thc irustees reBularlN undertake a widc ran8in¥i Jppraisal in ordEr to identity major risks io which the charit> is exposed. Sti'p% are iaken with & Vie lo mitigating Ih¢si risks as tara% 1% regsonably 181ble. In4urnnLe. si8ft-Irainin¥ aiid CODSLiOusnes5 raisi is re8ard¢d Seriously and wlicies are in place &iid rcgpul&rl> reviewLd io Counter Ihe%e risks Theiru%ls 8regware Ihaicoiiiinued fin8ncial slabiliiy ofihecharily relieson grant fundingand 5orwice confra0 Iiigcther w'iih donaiions from the ILKal comtnunity. The truteL9 believe that the time tramL for which its grnni in¢()me is a8re¢d is reasonabl). a55ured aiid rhai eXndE¢llre. linked to granl% are also manabp¢d within similar tile fraTlleS_ l ibbs Demenli? koundglion is aare olihv implie81ions of the Disability l)iscriminali()n Act in all of li% aeti%'iiiey. 'l-ru4tees and Ibeir Staff ha%¢ EtLn Inade awaN i)f. and rLquired to implcmeni. dala protection prinLiples in lin¢ wlth GDPR.
TIBBS DEMENTIA FOUNDATION TRUSTEES, IDIRECTORS'I REPORT ST FOR THF. YEAR F,NDF.D 31 MARCH 2024 leontinued) PUBLIC BENEfiT In conipiltn¥ this repojt ihe'l'rusieLS havL ¥iVLn duL fL.¥rd ti) thL pDblic henL.Iii guidancL' a4 hv th¢ Charitv Commission. I'he trusiees consider thai the rnn#e of activliies detailed abDve fullill thLTrSe reqtsircment8 in ihai they nefIt %?ple with dcm¢ntiaand their carcr5 throushout th¢ brco¥Faphi¢al area i hich the charity operates. FINANCIAL REVIEW Th¢ resu115 forihe year. as 8iven in the Siosemeni ot'Fin2nciBI Aciivitie& Breconsided sotisflOry by the trusle¢s. In the yeu to 31° March 2024 the charity hgs been dependent utK)n grnnt fuiOiiig fft)rn BtdfDrd Bo)gh Council. C¢niral Jledfordshire Collneil, and the Harptsr Trust which YLVTesentd rollBhly 60•1& of th¢ ch3rit}'s ine¢)rn< With the oth¢r4(P/o orisiMatin¥ from cli¢nl do[110n5 and Ihird party fund-Risins. In the ye4r lo 31. March 7024 Tibb5 Dementia Foundaiton provided face to services and 8Ctiiitics whtlst contlnlling to provide ZiX)m mtetim&% Artd &L'livitiL4 li> ah1¢ to attend fatt to tn£¢ing5. siees lIkL thul wilh thc ILcl of ayailablc rL'SLYYES and care1 planiiing and financial Inanag¢m¢ni the c112riiJ .111 ablL its mLL all of re4uir¢tn¢nL4 ol'th¢ CBC wn1[¢ and coniinu¢ io expand lis servKes across Bedford and LLtr&I Bedfiwdshir¢ 45 ne¢J5 wuire. RF.SF.R VES POLICY It is the wlic> i)f th¢ truyt¢L¥% Iii ensu Ihal th¢ iharily has adequaie rcserves lo eaable it to meet th its ongy¢)IllgT ¢()tntnitmenls in re¥iard to 8eTreTal charitRble 8ciiNiiies alld ily future funding requirements. I'hc tnJ%iee% ideall) require as resLYves of a illiniinuni of bLtw'een thret. tsix miinihts LXPLndilur¢ in ord¢'r lo Tneei an) coniracsunl and wiiidiiig iipcosis. I'he trstee5 Ci)nsider IhL Il1 o)I'rL4LTrL%ats al.31' Marih ?024 thL len¥th of&lrL'&d) &grL'd grnni% and fundin&i r¢'1¥t5. b41 will ioniinug io r¢vi¢vtr Lhe overall posiiion aiid wlic) ai regular iki¢fvals. A5 at Jl. MaTLh 2024 the charity held reserves of 72,150.44.
TIBBS DEMENTIA FOUNDATION TRUSTEES, (DIRECTORS'} REPORT FOR THE YEAR ENDED 31ST MARCH 2024 {continued) ST14TF.MENT OF TRUSTEES RF.SPONSIBII.I"I'IF.S The trustees (who are a150 the di1¢15 i)f Tib tkineniia foundation lor the purposes of company lawl are responsible for preparin¥ th¢"ITy%iees' Annual Rewrt and ihe financial NiaiÈmenis in aecordance with applicable18w Bnd United Kinbdiitn A¢¥¢)unting Standards. Company law r¢4uires the Trustees to prepa finanrial tsiaiLTIILlli% for eAch fiiiancial year. whilh giVL 8 iTUe and tair vTr¢w ol'th¢ of affairs of she company and uf Ihv inc¢)ming resources aiid fhe applicaliun of those resource5. includinbT It% iniiime and expenditure lor the PEri(KI. In Preparin¥ those finaniial 4tslLmLnts the Trustees are rc9uircd lo." seleci suttable accountin¥ w)IiLlts and applv them consi51ently'. make judyments aiid estimate thai &rL' reasoiiable and priideDI'. ob%erwe ilie niethods and priniiplvs in lh¢ C.liaritie£ S()RP ?015 IFRS1021.' 5taiL' h¢hr appliL&bl. I IK Aicouniin¥ SiandarJs ha¥ Iw'vn follo%4ed subject to any material prepare the tinanci81 btai¢men15 th ¥uinB conceni basis unles5 il 15 iDUPPWPri&te to presume th&i the Lomp&ny will coniinue in opeTalion.
TIBBS DEMENTIA FOUNDATION TRIISTEES. (DIRECTORS.) REPORT ST FOR THE YEAR ENDED 31 MARCH 2024 leontinued) The Trusie¢s are resPODsibl¢ for k¢epinB prr accounting Tecnrd.% ihai disclose with rea4onablc accurac) At anl lime the finElncial posiiion ol'thc and lo ¢nahle Ih¢Tri to cn5urc th¥t thL fiNanLial.4talLTrmnts complw with the CoNpanies Aci 9006. The are also reswnsible for511feguardlDgihea81S nl'th¢£ompaDy and hence lor taking reasonable si¢ps tor ih¢ prcveniioD and dcTeCiiOn ol traud and ()ther trrL'giularitic4. Theirusiees are reswn5ible forihe mainl¢nan¢eand the int¢¥rilv ofihe ccirporalc4a finan¢ig1 infcirnialio ineludcd oil tlie eoiiip8ny WLbsite. l.egisl8iion in the United Kingdoni goYernin¥ ihe preparation and dissemination urrinancial stalLm¥ttiS may dtlTcr fniin IL8islation in other jurisdieiions. In so lar a5 ihe I'rusices are awarc.. Ihere is no relevAni inforrnaiion which the compnny's independevl ¢Yaminer 15 UDaWaTC nt'and the Trusteeb hgve taken all ihe sieps tliat they oughi io hBve takeii to niak¢ theniylves aware nt. an). relevant infomiaiioii and io L%iablish that ihe company's independeni eNIllier i5 aware ol. Ihe Thi% Tvrmirt h¢th p[wr in ¢ordatt¢¢ with Ihe swiyl priivigims of P8rt 15 of the Comp&nies Act ?Oi relatin¥ lo small componies. INDF.PF.NDENT EXAMINFR Andrew Upton FCCA ¢)f Colleii HulanL'e 40. Kiiiibolioii Ri)ad. Bedford MK40 ?NR was apwinted as lttdcpcndLnt Tr.xaminLr i)l-the Liimp#nv ai an txir8()rdinar> g)LnLr&l tnLiing and 2 resoluiion prokx)siii¥ his appoinlmelll WTII IK proposed al the next Annual General Meetin¥. Approved on hEhalt'nt'ih¢ IloaTd of t)1rwtorrrUst¢¢5 on t) 2024. Chairnian ofTru*eeDlreCI0r
TIBBS DEMENTIA FOUNDATION
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF
TIBBS DEMENTIA FOUNDATION
ST
YEAR ENDED 31 MARCH 2024
I rewrt oll tlie countS of the company for the yeor end¢d 31" Mfjh 2024.
RFSPECTIVE RF.SPONSIBILITIE% OF TRUSTEES AYD EXAMINER
h¥ iru51LY5 (who arl. al%() Ihi Jiri¥iof% ¢)1'l'ibb% Dciiieilti& l L)UltdatlOii for tlie purp04es of compen% 18wI
this)eAr und¢rseciion 144{2}ofihcChariii¢A Aci 2011 (the ?01 I ALI) and ihai Ind¢p¢Nil¢DI ¥xamitiOn
1.4 neLded.
Ha1¥ sat15fied my5¢1f that th¢ rotnpanN is nol Subj1 tts audii under tomp&n* law and is eligible for
inilependeDI ¢xarninalion. li is my T¢SpO51b11itY to-.
examine ihe accuunts under 5eciion 145 of the 2UI l Act..
t() f
TIBBS DEMEJ¥TIA FOUNDATION
COMPANY LIMITED BY GUARANTEE
INDF.PKNDENT EXAMINERS REPORT TO THE MEMBERS OF
TIBBS DEMEIYTIA FOUNDATION (continued)
ST
YEAR ENDED 31 MARCH 2024
INDEPENDENT EXAMIYF.R'S STATF.MFTr4T
In connection wilh my examination no maneT has lo My aii¢ntion'.
111 which 8ives me reasonable cause lo bEliev¢ thai in aJ>y mai¢rial r¢gP¢Ct the requiremellts..
to kttp attounting rtcords in gceordance with seciion 386 of ihe Conipanies ACT 20(kSand
lo Prepa ac¢ouni.% whi¢h arcoTd with ihL aLLuuniin¥ r¢LJrds. iLTrJnpl) with accoiiniing
requirements of seciion 396 of the C'ompaDio* Arl 2(M16 and 1th tht methods attd prinLiples
of the Staieiiieni of RecomTn¢llded Prnrlice.. Accounting RcpLirtin¥ by ChariiiL
have noi been mei.. or
121 to which in opiiiion aiteniioll should be drawn in orderto enubl¢ a proFYr understanding of th¢
&ec
TIBBS DEMENTIA FOUNDATION STATEMENT OF FIIYANCIAL ACTIVITIES (ineluding Income and Expenditure Account) ST FOR THE YEAR ENDED 31 MARCH 2024 2024 TotAI 2th23 Notes IIDr¢Atrid¢d RHtrict¢d Fud INC.'OMfr. frIiOM Donaiions & Granis Aciiviiies for CJener81 FuThdiRg Chgritable Actiiities Investme1 Income .368.833.11 361.X33.11 11.59Y.50 4_A.689.56 2.3W.00 320,451.84 43.689.56 1399.00 32.19? 93 842.07 TCITAL 426.421.17 426,q21.17 364,669.36 F.XPF.NDITURF ON 0.00 0.00 0.00 0.00 35Q.075.1fi 39,102.06 0.00 271.*16.0 20.145.67 350.075..36 39.10?.( Suppon Cosis TOTAL 389,177.42 0.00 389,177.42 293J62.47 NET INCOME 37.343.75 0.00 37,34.3.75 71.300.8Y OthL4r (J¥in% 0.00 NF.T MOVEMENT IN FUNDS 37J43.75 0.00 71Jlk6.89 RECONCILIATION OF FUNDS Funds brought forw9rd 234,806.69 .00 234.806.69 163,499.80 TOTAL FUNDS CARRIED FORWARD 272,150.44 272.150.44 234J06.69 All the aknve auiviiies repres¢ni on80in8 aCtiviti¢s. No is pByBble forthe year ended 31. March 2024 INil 20?31. 11 re¢i)bini%vd ¥aiD% and Ii?%y% 4rL fLnLeiLQ in iht 8t&tLmLni of F.'inancial Aetivtties and therefore s¢parat¢ SlalemeTrl ol'Tntal Re¥15 Gains attd Losses disclosed.
TIBBS DEMENTIA FOUNDATION BALANC.E SHEET ST AS AT 31 MARCH 2024 2024 20Z3 CURRENT ASSF.T Stock of bAdges. etr. Debiors Cash as Bank Cash tloat 333.75 25.969.34 262.90fy.55 0.00 6?8 61 49,8?6.66 211.145.29 289.209.fA 261,6.56 Less.. CURRENT LIABII.ITIF. Sundry Crediiors Grants received in advance Payments in Advance 1•.9¥0.45 I?.y2U.67 3.260.00 900.(XJ 17.059.20 26.7Y3.87 NF.T ASSF.TII 272.1.50.44 234,806.69 REPRESETrtTED BY.. Uttrtstrleied Funds 272,150.44 234.806.hg 272.1.50.44 234,806.69 Theqe finsncial sgalemenis hav¢ been ppar in &CLordancc with the special provisions for srnall eompanies under Pan 15 of ihe Ciimpunii's ALI ?UO6. The eompany is eniiiled io exempiion frnm audit udr 'LlIOn 477 of ihe Companies Aci 20(kS relatin¥ lo small conipanies for the vear ended 3 IY March ?0?4. I'he Iiieiiitr*rs liawe noi requiredtlie company an audil L)f 119 firtaneial stateinents lortheyear ended 31. MarLh 21124 In ¢1)rdn¢L. Wlth 8cLii(Jn 476 1)f the Companies Aci 201YJ. The Direcl(br5 Trustee% ackN{i1¢y1¥ ili¢ir responsibiliiies for.. ensuring that the company keep5 acrounting rtC¢7rd% ihai compl) wilh Seciions 386 and 387 of the Companies Aci ?006 and Ibl prl.parin IirtartLi&I siatLmenis which ¥tve a frue and fair view ofih¢ %iatc i)f affairs of the conipany as ai ihc ¢nd nt'caLh Iinancial Near and of its surplus or deticil tor finanLidl }ear in 8LLord&nLe -iih ihc rcquiromL'nts liftsLlitsn 394 and 395 and h1¢h otherwis¢ cytnpl) with the re4UIrem)iS of the Cumpanies Act 21HIfj rLlatirtg lu fiftaneial si8teiiienis so tar a5 15 dppli¢abl¢ li) ihL LI)ttIPail>. These finAncial statements w¢r¢ approv¢d hy thi. Iliiard Of'frnsS oil is its bEhaifb)-
<f y2024 and SiUTn¢d un Ch or rrUsteeoLrl0r
TtBBS DEMEiYfIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31. MARCH 2024 ACCOUNTING POLICIF8 lal Elasis uf PTeparaiion. The finAncial staternents have been prepared in accordance '&th Accounting and Rewrting by C'harities.. Statenient of ReL'Oinniended I¥&LtILi applicable io) Lharilie% preparirtg their aL'Liiunt% in aLL()tdart¢¢ with th¢ Pinancial R¢wrtinb %¥andard applicabl¢ to rhe Ulled Kinbdom {FRS 10?} as amended by SORP ? Tibbs Dementia Found&iion mects ihe definiti()n ()f a publi¢ b¢tt¢fii entlly uMd¢T FR$ 10? AsKI¥ &nd li&bilillLts are initi¥lly rCL()¥ni1L Èt hi%i¢Yical (Jrlrartsa¢tion valu¢ un1¢55 oihcrwi5C 5t&lcd i Ibl Goill8 Concern AIILr m2kingT enquiri¢s thc fru5t¢¢s has'c a aOnabl¢ eXptatIon that thc Charity has adeqiiale sourLes lo coniinue lis aciivities for the toreseeable tuiure. Accordinglv. thev continue to adopt the ¥ciing concern bRsis in preparing the financigl statements as Outlined in ihe Staiement of Trustee's rtsN)nsibilitlLg on pa&¢ 5. Icl LinIS receivable. donations and sub4cripiions Graiits recLTv8blL. donatiorts &rtd yubseripiTons are reLOgnized in the riNt when ihL Lharilv eniitleineni ill thL fund4. PLrfi)mi3nLL LC)ndiliOnts allJLh¢d io IhL' il¢tn tsf ifiicimL, has b¢¥n tnw. il 14 probable thai the iDcotne will be received the amount cRn be measured reliabl),. Idl Iniesimenl income. Investment income is reco8nisL'd on a reccipis b&giS. lel Resources exnded Lxpcndiiurc 1% frei)uynitsttd an aL¢fu& b#15 a5 a liabilily is iTrcurrEd. Expenditure includes any VAT which cannth fully recovered &nd is rtps)rted part ofthe expErtditure to which it rElates. Charit&hlL expLndilufLb L()mpri4L¥ ihtsv c()%t% inrurr¥'d by Ihc charity in the d¢liv¢ry ol'its aciil'iiies tor its beneficiaries. It inL'ludes buih LOSIS ihai cgn be alluL'aied dirLLily la tsULh ac111t1¥S Thus¥ e0515 ()f an irtdirLLt nature ttecL'Nr 111 sUprt them. Co515 are split bEtwrcn caicgorie5 based on %upp¢?rt costs are th05¢ fundions that J5515t the work of the chariiy bui do Doi direcrlj undertake Lharitable auivi11¢5 and includc th¢ ch4rity's go¥ernaTr£¢ rogt5. (rov¥¥Mac¢ ¢0515 Inrlud¢ thost w%lS a45()tiaiod with mL'L'tin¥ ihL' rthn%tituliortal and 51atulory qu1MenTS of the charity include coms relevant io ihe Strategic Tnanabrenient of ihe charity. 12
TIBBS DEMEIYTIA FOUNDA TION
NOTES TO THE FINANC.IAL STATF.MENTS
FOR THE YEAR ENDED 31 MARCH 2024
lfj Pension eosis.
lkne Lomp&ny hag reg)istered with NEST8nd patd contribu150ns of £4.329.47 in th¢ y*ar lo 31" March
2024 (20•3 £J.456.401.
181 Funds.
IlnrestrieiLQ funds are incomin8 resources rtteivable or g¢neraied for the object5 of the charity
wiih()ui furthLpf %5kLifiLd pufN)SL gtid grc availablc as a general tund. Resiricted fuiids are to be us¢d
for specilic purp05¢5 laid down by th¥ d¢JAcir. b.xpertditufL whiLh mtCl5 thesL criieri8 is ¢h8rgLd to
the fund. io¥dher with a lairollocalion of £0515.
Ihl Financial InMnim¢nis
iiistrumenis. Ihese being cash ai bank. debtors and CredirS. ljasic finanLial in¥irumcnis arL illiliully
rL4LJ%rtILed ai itansaLlitsn ¥'aluL and subsc4uentls measured at th
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31. MARCH 2024 Ilnr¢%lri¢tred FndS Restricted 2024 TtstAI PUdS 2023 Total FuDdy ACTIVITIE% GFNF.RAL FLINI) Sale5 Ot'Merchandi5e LLts for pA)jeLIS itt nursing homL¥ ¢te. 1.099.$0 0.00 1.099.5 I.IV7.52 10.5W.00 0.00 10.500.00 10.075.00 TOTAL -599.50 IA 499.50 1.182.52 VNVF.STMF.NT INC()MF 2.399.00 0.00 1399.(Kl 842.07 INC()MF FR()M CHARI'fABLE ACTIVITIF.S ContributlOll3 from f.11¢19 4Jffj89.56 43h89.56 J2.192.93 EXPENDITURE ON CHARITABLF ACTIVITIES Stafting Costs Faciliiator5 fees Rirn Hire Clicnt Transport & Mileage RL.frL'shmtnt Custs IXh¢'r priije¢t 11)%lS Equipment TraininB & Supervision NL & Now (noity 71 278.691.67 -75.776.17 •3.991.14 6.611.65 0.00 0.00 0.00 278.691.67 15.776.77 ?3.991.14 6.611.65 455.46 •OY.66? ?[ .I6.65R Q(J 18.(>19 36 3.301.07 0.00 0.00 3.484.07 3.484.117 1.065.iYJ ? 46y..36 758.5. 0.00 TOTAL 3qO,074.36 35O.O75.36 273,216.80
TIBBS DEMENTIA FOUNDATION NOTES TO THF. FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2024 Unreytricted Fundy Restrict 2024 Tuil Funds 2023 TolAI Fullds STAFFING CO%T. Salaries Lniployer's National Insurance Pensions 260.566.39 11.795.Xl 4.3?9.47 260.566.3 13.795.81 4.399.47 197.137.24 .06t¢.57 3.456.40 TnTAL ls *bDvel 278.691.67 278.691.67 209.662.21 eTnpl()y¢¢% r¢¢rivcd rcmuncration greater £60.(Y)O. The av¢rabT¢ of ¢mployees during ihe >eHT Vla5 12 12023 12). SiiPPORT COSTS Trusiees'lDireLiiifs Pe¢5 0.00 ?.Qfl3.3.3 -34.604.10 1.-186.7U 1,027.93 2.083..33 34,604.10 1.-786.70 1.027.93 (MhLY Adtiiinistraiive Cosis C'osi of ¥LTh)ds for resal¢ Elank eh8r8CS lJ()¥Lmment costs 2.101.59 805.05 0.00 TOTAL 39.102.D6 39,102.06 20.14.1.67 TRUSTEES. REMUNF.RATION. Ni> remllnLration is paid to the irustees. Trustees ran wceivr reimbiirsemeni ofexpenses of attending tneetiny whiLh amount¢d io £nil. 12Q23 £nil). EXAMINER-S REMUNERA TION. No fees orexn.%Cs have b¥en Paid itsihL Lxaminer in respert ot"Ih¢ VILW of the accounts. £360.W hos been paid durin¥ the year to Lvll¢ii trlvlartce im r£sKl of the payroll seTViL¢ ih¢y proYtd¢ to thL Lhariiy.
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2024 FIINDS BAla•ce Al Olm4nJ B*lAttte 311113124 RÈAOtyt¥ Unrestricted Fund (?eneral Fiind 234.806.69 426,521.17 389,177.4? 972.150.44 TOTAL FUNDS 234J06.69 426.-$21.17 389.177.42 272,19).44 Ilrtre¥lri¢i¢d fund5 are incomin¥i re50urc¢s receivable or generAted for the objeess of thc Lharity wiihout further sFcified purpose and are available as & ¥enernl fund. 10. ANAL YSIS OF NF.T ASSF.TS BVTWF.F.N FUTr4DS Unresiricted Reitrlttcd Flld T¢TrtRI 1024 Current 289.?09.64 117,059.?01 ?89.209.64 117.059.?01 Nel aSs 272.141).44 272.150.44 UTrrfstricied Funds Rtylrieicd Toial F¥nds 2023 UTTenl assms CuEreni liabiliiies 261.600.56 {26.793.871 2fi1.600.50 126.793.8D Net assets 234.¥06.69 234.806.69 10
TIBBS DEMENTIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YF,AR ENDED 31. MARCH 2024 TAK4TIOf4 I'ibbs Ikm¢ntia Puundation is a Te8151ered charity and 1% ¢()n%idLfLd to pa55 the lest5 scr out in ParabTraph l %L.hLdule 6 Finance Ad 2010 and Ih¢r¢lorL' li meets ihe definition of a ¢harilabl¢ unipany Icir IJK to)fKM)r8tion tax purpose5 Accordin&l). the Lh&rity is poienlially exempl fro laxaiioD in repct ineomL or capiral gains received within ¢aiL¥i>ries covered by Chi1pier 3 Part 11 Corporntioll Tax Aci ?QIO I)r Seetion ?56 of ihe'faxaiion of C'apiial (115 Act 1992. ro the extent Ih&i such income or are 11 pplicd L'xclusively to ch&rit&ble purposes. 12. CAPITAL COMMIrrMF.NTS TheTE were nv rapii#l ri)mmiiments ai ihe year end £O.(MJ (2023 £0.IJOJ