Charity Number: 1168454 The Weekend Day Centre for Dementia Care Annual Report and Unaudited Financial Statements for the financial year ended 31 July 2024 The weekend DAYcentre
The Weekend Day Centre for Dementia Care CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet 10 Notes to the Financial Stalements
The Weekend Day Centre for Dementia Care REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Linda Greaves Rebecca Cabrejas Helen Hinks Emma Clay Judith Quinn (Appointed 19 October 2023) Charity Number in England and Wales 1168454 PrSncipal Address Ada Kay House 2A Annable Road Bredbury Stockport SK6 20E Independent Examlnor Steven Nixon Bsc (Hons) FCCA Langers MN Limited Chartered Certified Accountants and Registered Auditors 8-10 Galley Road Cheadle Cheshire SK8 1PY GB PrSnclpal Bankers The ClperatiVe Bank PLC PO Box 250 Skelmersdale WN86 Sollcltors SAS Daniels 30 Greek Street Stockport SK3 8AD
The Weekend Day Centre for Dementia Care TRUSTEES. REPORT for the financial year ended 31 July 2024 The trustees present their Trustees. Report and the unaudited financial statements for the financial year ended 31 July 2024. The financial statements are prepared in accordance with the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies.. Statement of Recommended Practs'ce applicable to charities preparing their financial stalemenls in accA)rdanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Truslees. Report contains the infomation reqUId to be provided in the Trustees, Annual Report under the Statement of Recommended Practice (SORPI guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of The Weekend Day Centre for Dementia Care present a summary of its purpose. govemance, activities, achievements and finances for ihe financial year 31 July 2024. Mlsslon, Objectlves and Strategy Objectlves To promote the relief of those people suffering from Dementia and the carers of such people, by the provision of weekend, weekday and bank holiday care facilities. To provide facilities for recreation and leisure time occupation with the objective of improving the conditions of life for such people, in the interests of life social welfare, having need of such facilities by reason of their infirmity, disablement or social and economic circumstsnces. Structure, Governanco and Managemont Structure The charity is conslituled as a Charitable Incorporated Organisation {CIO) in England & Wales. The governing document of the charity is the conststutson of the CIO as approved by the Charity Commission in England & Wales {CCEW) . The goveming document is dated 31 July 2016. There are no restrictions in the goveming documents on the operation of the Charity or on its investm8ni powers other than those imposed by Charity Law. The methods used to recruit and appoint new charity trustees. Vacancies so arising may be filled by the decision of the members at the annual general meeting., any vacancies not fi118d al the annual general meeting may be filled as below.. The members or the charity trustees may at any lime decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed, or as an additsonal charity trustee, provided that Ihe limit on the number of charity trustees would not as a result be exceeded. Revlew of Actlvltles, Achlevements and Perforniance The charity provided relief for the carers of those suffering from Dementia and raised awareness to the public. The charity provides food, entertainment and other activities to those with Dementia. The charity also raised funds from events as detailed below.. Raffles, Sponsored evenls and a Summer fayre. Through fundraising events the charity has raised awareness to those indtviduals suffering from Dementia. Money received from billed services will allow the charity to purchase a building of its own thal will increase the aCSsIbIlitY of care and make the building available to the public for other uses. The trustees have had regard to the Charity Commission's guidance on public benefit in managing the aclivities of the charity. The charity raised funds of £5,946, (2023- £5,002) during Ihe year by way of fundraising activities and donations. Annual General Meeting 2024
The Weekend Day Centre for Dementia Care TRUSTEES. REPORT for the financial year ended 31 July 2024 Manager's Report Welcome. To date we are rocking our 5 days ofopening our Servi to ourfabulous clients, whether they attend 5 days a week or less we ensu they have a day full of support, activities, care and laughter. Our team of support workers still go above and beyond with their idea's their compassion, humour and amazing care. Their support to me as manager is endless. We have welcomed a couple of new team members in the last year who totally fit in with the rest of the team. We get amazing feedback from our carer's & families weekly on how much support & care we give to their loved ones and how happy they are with the care we provide. My personal thanks to Our Deputy Rebecca who lakes everything in her stride and steps up at a moment's noti, and the seniors Charlotte, Louisa & Ella who organise the days activities come what may and see them through. To Zena our team finance lady who helps in every direction possible, thank yl. The Gardens are looking amazing all thanks to AT Garden maintenance. we hope to be able to sil out in the warmer weather, when we have a completely fenced garden, lo safely sil everyone outside. Compliance safety checks are all up to date and we have currently no outstanding risks. all passed with flying colours. Myself. our deputy. and two senior5 have passed the advanced first aid certificate with St John's Ambulance Service, whilst the remainder of the team have yearly emergency first aid training. We also have E leaming on all relevant yearly training for everyone which is all up to date. We have had some amazing donations this year in memory of passed clients which we are always truly grateful for. Some fabulous raffles have laken place through the year, and we held a summer fayre and, on the day, raised almost a £1000 so one of our lovely carers made it up lo round it off for us. The fayre was a lovely day, we provided a buffet for everyone and had some fabulous entertainment. The Asda foundation came to have a look at us with their charity team, they were very impressed with how lively and happy our clients were. we had asked for a smart television for the dining room to use for our clients. We were presented wth a cheque for £1,400.00. Wilh this fabulous amount they requested we use some for an event for families and clients, so we provided the buffet for everyone al the fayre for all, the remainder into the funds. To our committee for the past year all the team, carers and clients of the centre would like to thank you for your free time you have given. your knowledge and all your help to make us the amazing day centre that we are. To Rebecc8 our Chair thank you for all that you have given lo us this year. all your help, and time helping us be who we are. The Best Dementia Centre in Stockport, I know l am biasedl Here's to another amazing year everyone. Jo Davies Manager Annual General Meeting 2024 ChaiOMan'S Report Reflecting on the past year compared to previous years it has almost been a bit "boring.. With all the systems and processes we have put in place over the last few years things have been running smoothly and I don't think we have had any surprises or dramas to sort out. Everything is going as it should be, and that is extremely satisfying. Operationally we are full every day and have a waiting list of new clients which unfortunately have to wait for a place to become available. Jo. Becky and Ihe team continue to deliver an outstsnding service to all our clients and I know that all of our carers very much value them and all they do. Thar)ks To Emma, our Treasurer, financially we continue to navigate our way through and are in a fairfy secure position. We are of course mindful of the increases lo Employer Nl contributions and the minimum wage increase next year and so are carefully planning those into our budgets. l am continuing my quest with the council to secure Ada Kay House as a permanent home for us beyond our lease and whilst progress is very slow, it will happen. And Ihen Ihe work starts againl The heating system is old and inefficient and does what it wants so needs completely replacing. The kitchen needs ripping out and replacing wilh one fit for purpose. All of this work needs planning and budgeting for, and whilst there are some grants available we need to "own. the building in order to access them. As a committee we are waiting to get going with these projects....fingers crossed we can make some headway soon. My thanks to everyone who continues to attend, suprM)rt and fundraise for the Weekend Day Centre,. and to the Committee for their time and support.
The Weekend Day Centre for Dementia Care TRUSTEES, REPORT for the financial year ended 31 July 2024 To all the team - thank you for continuously giving your best lo make sure that everyone who attends has an amazing day,. I can see the joy in everyone's faces when I go to the centre. And my final thanks, as always. go to Jo Davies. The Weekend Day Centre can't thank you enough for all that you do. Rebecca Cabrejas Chairwoman If you have any comments or questions. or wish to find out more about. or offer support. then please contact me at rebeccacabrejas@weekenddaycentre.com Financlal Review The trustees consider the financial Performan by the charity during the year to have been satisfactory. Income from unrestricted funds tolalled £361,228 Ihe major part being billed care seNices which were £174,192 from individuals and £137.682 from Stockport council. Total unrestricted expenditure amounted to £346,148. the major part being staff gross salaries £246,179 and catering of £23,894. Therefore the result for the period was an unreslricled surplus of £15,080 {£57.869- 2023). Results Al the end of the financial year the charity has assets of £406,686 (2023 - £388.903) and liabilities of £30,024 {2023 - £27,462). The net assets of the charity have increased by £15.221. Reserves Posltlon and Pollcy The trustees have the power to deposit or invest funds. employ a professional fvnd-manager. and arrange for the investments or other propety of the charity to be held in the name of a nominee, in the sam8 manner and subject to the same conditions as the Irustees of a trust are pemiitted to do by the Trustee Act 2000. Compliance with Soctor-wide Legislation and Standards The charity engages pro-actively with legislation. standards and Codes which are developed for the sector. The Week8nd Day Centre for Dementia Care subscribes to and is compliant with the following.. The Charities SORP IFRS 102) 1510512025 Approved by the Board of Trustees on and signed on its behalf by: Rebecca Cabrejas Trustee
The Weekend Day Centre for Dementia Care STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 July 2024 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as al the financial year end date and of the surplus or deficit of the charity and otherwise comply wilh the Charities Act 2011. In preparing these financial statements, the trustees are required to= select suitable accounting policies and apply them consistently; make judgements and accounting estimates Ihal are reasonable and pnjdent. state whether the financial statements have been prepared in accordan with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards,. and prepare the financial slalemenls on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confimi that they have complied with the above requirements in preparing the financial st8lements. The truslees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acl 2011. 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 Board of Trustees on 1510512025 and signed on its behalf by: Rebecca Cabrejas Trustee
The Weekend Day Centre for Dementia Care INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF THE WEEKEND DAY CENTRE FOR DEMENTIA CARE I have examined the financial statements of the charity for the financial year ended 31 July 2024. which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. This rep¥Jrt is made solely to the charity's members. as a body. in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might compile the financial statements that I have been engaged lo compile, report to the Board of Trustees that I have done so. and state those matters that I have agreed lo slate to them in this report and for no other purpose. To the fullest extent permitted by law, I do nol accept or assume responsibility to anyone other than the charity and the charity's members, as a tM)dy. for my work, or for this report. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act 2011. The charity's trustees consider that an audit is nol required for this financial year under Section 145 of the Charities Act 2011 and that an independent examination is required. It is my responsibility to= examine the financial stalements under section 145 of the Act; follow the procedures laid down by the general Directions given by the Charity Commission under section 145151 of the Charities Act 2011., and state whether particular matters have come to my attention. Basis of Independent examlner's report Since the Charity's gross income exceeded £250.IJ)O your examiner must be a member of a b¢)Jy listed in section 145 of the 2011 Act. I confim that l am qualified lo undertake the examination because l am a member of The Association of Chartered Certified Accountsnts, which is one ol the listed bodies. My examination was carried out in accordance with the 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 financial statèments presented with those rècords. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the Iruslees concerning any such mallers. The procedures undertaken do not providé all the evidence that would be required in an audit and consequently no opinion is given as to whethér the accounts present a 'true and fair, view and the report is limited to those matters sel out in the statement below. Independent examlner's slatement In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect.. accounting records were not kept in accordan with section 130 of the Charities Act 2011 the financial statements do not accord with those accounting records the financial stslemenls do nol comply with the accounting requirements of the Charities Act the financial statements have not been prepared in accordance with the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) there is further information needed for a proper understanding of the accounts to be reached. I have no concems and have come across no other matters in connection wilh the examination to which attention should be drawn in this report in order lo enable a proper understanding of the financial slatemenls to be reached. Steven Nixon Bsc {Honsl FCA LANGERS MN LIMITED Chartered Certified Accountants and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY GB 15 May 2025
The Weekend Day Centre for Dementia Care STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 July 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unrestricted Funds Funds 2024 2023 Total Funds 2023 Notes Income Donations and legacies Charitable activities Day centre for dementia care Investments Other income 4.546 1.400 5.946 5,002 5,002 348.618 1,504 6.560 348.618 1,504 6,560 347,912 1,500 5,648 347,912 1.500 5,648 Total income 361.228 1.400 362.628 360,062 360,062 Expenditure Raising funds Charitable activities 216 345.932 216 347,191 216 301.977 216 301,977 1,259 Total ExpendSture 346,148 1,259 347,407 302.193 302,193 Net incomellexpenditurel 15,080 15,221 57.869 57,869 Transfers behveen funds Net movoment in funds for the financlal year 15,080 141 15,221 57,869 57,869 Reconclllatlon of funds: Total funds gInnIng of the year 15 361,441 361,441 303,572 303,572 Total funds at the end of the year 376.521 376,662 361,441 361,441 The Statement of Financial Activilies includes all gains and losses recognised in the financial year. All income and expenditure relate lo continuing activities. The notes on pages 11 to 18 form part of Ihe financial statements
The Weekend Day Centre for Dementia Care BALANCE SHEET as al 31 July 2024 2024 2023 Notes Fixed Assets Tangible assets 153,815 164,131 Current Assets Debtors Cash at bank and in hand 10 52.827 200,044 43,025 181,747 252,871 224,772 Creditors: Amounts falling due within one year 11 (30,0241 127.462) Net Current Assets 222,847 197,310 Total Assets less Current Llabilities 376.662 361,441 Funds Restricted trust funds General fund (unrestricted) 141 376,521 361,441 Total funds 15 376,662 361,441 The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime and in a¢¢ordance with FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland. applying Section 1A of that Standard. 1510512025 Approved by the Board of Trustees and authorlsed for Issue on behalf by and slgned on Its Rebecca Cabrejas Trustee The notes on pages 11 to 18 form part of Ihe financial statements 10
The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 GENERAL INFORMATION The Weekend Day Centre for Dementia Care is a charity incorporated in England. The re9lStered office of the charity is Ada Kay House, 2a Annable Road, Bredbury, Stockport, SK6 2DE, which is also the principal pla of business of the charity. The financial statements have been presented in Pound (£1 which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting pvjlicies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. Stslement of compllance The financial statements of the charity for the financial year ended 31 July 2024 have been prepared on the going concern basis and in accordance with the Statement ofRecommended Practice ISORP)"Accounling and Reporting by Charities preparing their accounts in accordan with the Financial Reporting Standard applicable in th8 UK and Republic of Ireland FRS 102., applying Section 1A of that Standard. Fund aecountlng The following are the categories of funds maintained: Restrlcted funds Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purpos8s are within the overall objèctives of the charity. Unreslricted funds Unreslricled funds consist of General funds. General funds represent amounts which are expendable al the discretion of the board, in furtherance of the objectives of the charity. Income Income is recognised by inclusion in the Slalemenl of Financial Activities only when the charity is legally entitled to the income, perfomiance conditions attached lo the item{sl of income have been mel, the amounts involved can be measured with sufficient reliability and it is probable that the income will be ceiVed by the charity. Legacles Income frorn legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is sabsfied thal Ihe propety in question will not be required lo satisfy claims in the estste, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached lo the legacy are either within the cntrol of the charity or have been met. Where a payment is received from an estate or is notified as receivable by the executors after the reporting dale and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period. then the amount Conrned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable. Where Ihe charity has eslablished entitlemenl lo a legacy but there is uncertainty as to the amount of Ihe payment, details of the legacy are disclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant. If it is doubttul that full settlement of a legacy deblor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activilies Income from charltable activlties 11
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 Income is received by the charity for services supplied under contract or where entirfement is subject lo fulfilling perfomance related conditions. The income the charity 1VeS is approximately equal in value lo the goods or servi$ supplied by the charity to the customer. Expandilure Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity. Tangible fixed assets and deprèciation Tangible fixed assets are slated at cost or at valuation. less accumulated depreciation. The charge to deprecialion is calculated to wrile off the original cost or valualion of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows.. Short leasehold property Fixtures, fittings and equipment 4°A Straight line 25% Straight line Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid netof any trade discounts due. Income recognised by the charityfrom government agencies and other co-funders, but not yet reiVed al financial year end, is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. Taxatlon and deferred taxatlon The Trustees consider that the charity satisfies the tests set oul in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation lax purposes. Accordingly, the Charity is polenlially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of ihe Taxation of Chargeable Gains Act 1992, lo the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the chanty, and is therefore included in the relevant costs in the Statement of Financial Activities. Penslons The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Annual contributions payable to the charity's pension scheme are charged to the profit and loss accounl in the period to which they late INCOME DONATIONS AND LEGACIES Unrestrlcted Restrlcted Funds Funds 2024 2023 Small donations individually less than £1,IxIO Grants from non government entities 4,046 soo 4,046 1,900 5,002 1,400 4,546 1,400 5,946 5,002 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Day centre for dementla care: SMBC fees Billed services Billed lunches Day trips 137,682 174.192 35,721 1.023 137,682 174.192 35,721 1,023 112,478 199,657 35,777 348,618 348,618 347,912 12
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 INVESTMENTS Unrestricted Restricted Funds Funds 2024 2023 Bank interest 1.504 1,504 1.500 OTHER INCOME Unrestrlcted Restrictod Funds Funds 2024 2023 Energy tariff rebate 6.560 6,560 5,648 EXPENDITURE RAISING FUNDS Dlrect Costs Olher Costs Support Costs 2024 2023 Just giving fees 216 216 216 CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2024 2023 Gross wages and salaries Employers Nl Defined contribution pension costs Marketing and advertising of charitable activities Staff training Rates and water charges Light, heat and power Cleaning and waste management Premises repairs, renewals and maintenance Telephone and internet Entertaining for attendees Stationery and printing Presents and gifts Calering Skjbscriplions Equipment expenses Hire of equipment Computer and other software. licen$ and expenses Insurance Sundry expenses Simply auto enrolment Creative pensions U Check Bad debts Storage Crafts Day trips Bank charges Depreciation Disposal of assets Staff uniforms Health and safety Staff travel Govemance Costs (Nole 4.3) 246,179 11,508 4,231 246,179 11,508 4,231 205,512 4,753 3,026 435 3,733 3,733 2,929 5,836 3,253 9,486 1,741 2,921 4,052 2,961 12,097 2,929 5,836 3.253 9,486 1,061 5,665 1.264 626 24.546 166 3.136 1,061 5,665 1.264 626 24,546 166 3.136 1,125 4,380 1,120 554 31,386 98 2,608 186 2.199 2.590 2.590 2,115 2,115 2.427 504 331 464 504 331 464 504 324 254 64 30 122 1.302 122 1.302 351 13 10,316 427 999 10.316 10.316 217 436 11 5.162 217 436 11 5.162 5,114 265.651 81.540 347.191 301.977 13
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 Restricted expendilure,. Premises repairs, renewals and Maintenan £144- Catering £652., Equipment expenses £435., Computer and other SOare. licences and expenses £28. GOVERNANCE COSTS Direct Costs ¢Xher Costs Support Costs 2024 2023 Independent examination fee Other independent examiner's fees Consultants fees 1.056 1.106 3,000 1.056 1,106 3,000 1,032 1.082 3,000 5.162 5,162 5,114 SUPPORT COSTS Cost of Charitable Goveman¢e Raising Activities Costs Funds 2024 2023 Support 216 76,378 5.162 81,756 87,161 ANALYSIS OF SUPPORT COSTS 2024 2023 Support 81,756 87,161 NET INCOME 2024 2023 Net Income is stated after charyingl(crediting): Depreciation of tangible assets ISurplus)Ideficit on disposal of tangible fixed assets Independent Examiner's remuneration- independent examinalion services - tsx advisory serVIS 10,316 10,316 427 1,056 1,106 1,032 1,082 INVESTMENT AND OTHER INCOME 2024 2023 Energy tariff rebate Bank interest 6,560 1,504 5,648 1,500 8,064 7,148 14
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed {including executive trustees) during the financial year was as follows.. 2024 Number 2023 Number Charitable activities 16 16 The staff costs comprise: 2024 2023 Wages and salaries Social security costs Pension costs 246,179 11,508 4,231 205,512 4,753 3,026 261.918 213,291 No employees received emoluments (excluding pension costs) in excess of £60,000 per annum. TANGIBLE FIXED ASSETS Short Fixtures, leasehold flttings and property equipment Total Cost At 31 July 2024 169,653 15,574 185,227 Depreclatlon At 1 Augusl 2023 Charge for the financial year 13,363 6,786 7,733 3,530 21,096 10,316 At 31 July 2024 20,149 11,263 31,412 Net book value At 31 July 2024 149,504 4,311 153,815 At 31 July 2023 156,290 7,841 164,131 10. DEBTORS 2024 2023 Trade debtors Prepayments and accrue(l income 26,745 26,082 21.073 21,952 52,827 43,025 15
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 11. CREDITORS Amounts falling due within one year 2024 2023 Trade creditors Taxation and social security costs (Note 12) Other creditors Accruals and deferred income: Pension accrual Other accruals 36 7,374 19.678 1,206 5.512 18,026 1.070 1,866 1,772 30,024 27,462 12. TAXATION AND SOCIAL SECURITY 2024 2023 Creditors: PAYE I NI 7.374 5,512 13. PENSION COSTS - DEFINED CONTRIBUTION The charity operates a defined wntribution pension scheme. The assets of the scheme are held separately from those of the charity in an ind8pend8nlly administered fund. Pension costs amounted lo £4,231 12023 - £3,026). 14. RESERVES 2024 2023 At the beginning of the year Surplus for the financial year 361,441 15,221 303,572 57,869 At the end of the year 376,662 361,441 15. FUNDS 15.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted RestrScted Funds Funds Total Funds At 1 Augusl 2022 Movement during the financial year 303,572 57,869 303,572 57,869 At 31 July 2023 Movement during the financial year 361,441 15,080 361,441 15.221 141 At 31 July 2024 376,521 376.662 16
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 15.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 August 2023 Income Expenditure Transfers between funds Balance 31 July 2024 Restrlcted funds Asda Grant Unrestrlcted funds Unrestricted General 1.400 1,259 141 361.441 361.228 346.148 376,521 Total funds 361,441 362,628 347,407 376,662 Unreslricted Revenue Funds These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation. are free from all restrictions on their use. Restricted Funds Asda Grant. Funds received for purchase, installation and licensing of a new TV. Surplus funds spent on catering for the Summer Fayre. 15.3 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charity use Current assets Currenl Ilabllltles Total Restricted trust funds 141 141 Unreslricled general funds 153.815 252,730 130,024) 376,521 153,815 252,871 130,024) 376,662 16. OPERATING LEASE COMMITMENTS The Centre obtained a 57 month lease from St¢xkport Metropolitan Borough Council on the 1st October 2020 for the Ada Kay Cenle, Bredbury, Stockport. The temis of the lease are sel out below. The Landlord and the Tenant enter inlo an Option Subject to the temis of the Option the Landlord shall sell the Premises to the Tenant for a purchase price of £263,800 the satisfaction of the purchase price shall be the Service Saving made to the Landlord by the Tenant for the Target Sum by the Target Date. Al the full Service Saving amwnting lo the Target Sum being achieved or Bl A seNice saving of at least 85 /0 of the target sum to be achieved with a cash payment amounting to the difference between the service saving achieved and the target sum so that the combined value of the Service Saving and the cash payment shall amount to 100°/o of the Target Sum (C) the provisions of {bl shall nol operate to allow the Tenant to achieve less than 85% of the Service Saving Rent Stockport Metropolitan Borough Council has agreed to grant Ihe Centre a peppercorn rent for the full temi of the lease, to allow the Centre to demonstrate to the Council that it is able to provide the Service Saving amounting io the Targel Sum. 17. RELATED PARTY TRANSACTIONS No Irustees or persons connected with them received any remuneration or expenses from the charity, or any related entily. 18. POST4ALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year*nd. 17
continued The Weekend Day Centre for Dementia Care NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2024 19. WINDING UP OR DISSOLUTION OF THE CHARITY If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be Iransferred lo some other charitable body or bodies having similar objects to the charity. 20. SIGNIFICANCE OF FINANCIAL INSTRUMENTS TO THE CHARITWS POSITION There are no significant financial instruments. 18