**REGISTERED CHARITY NUMBER: 1171003** **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 March 2023** **for** **Dementia Friendly Keighley** Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS **Dementia Friendly Keighley** ## **Contents of the Financial Statements for the Year Ended 31 March 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|11| |**Detailed Statement of Financial Activities**||12|| ## **Dementia Friendly Keighley** ## **Report of the Trustees for the Year Ended 31 March 2023** The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The advancement of health (including the relief of sickness) for the public benefit, in particular, but not limited to: i) providing support to persons living with dementia, their families and carers, including by providing advice and support; ii) making the views and experiences of persons living with dementia known to health and social care providers; iii) providing information about dementia and other related problems arising from ageing, illness or disease. ## **Public benefit** In settling our objectives and planning our activities our trustees have given serious consideration to the Charity Commission's general guidance on public benefit and in particular the advancement of health. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** During the 2022/2023 year the charity has carried out some of the below objects among other things: - Providing activities for people with dementia. - Cooperating with other voluntary organisations and statutory bodies in the provision of services for those suffering from dementia, their families and carers. - Encouraged local businesses and organisations to be aware of the needs of, and to make their services as friendly as possible for, those with dementia. - Seeking to ensure that services in the area of dementia are known by and accessible to people in the BAME community. - Working with local doctors to make the process of contact and diagnosis as smooth as possible. ## **FINANCIAL REVIEW** ## **Financial review** The net receipts for the year were £-36,209, including net receipts of £10,281 on unrestricted funds and net receipts of £-46,490 on restricted funds after transfers. ## **Reserves policy** The charity's free reserves, excluding fixed assets, at the year end were £84,344. It is our aim to maintain a reserve of sufficient funds to enable DFK to exist for a period not less than three months and no more than 6 months (between £29,500 and £59,000 based on budgeted 2022/2023 expenditure), to enable the development of alternative funding streams. The treasurer will report to the Board of Trustees if any time that he considers the level of reserves needs to be adjusted to meet this policy. ## **Rationale** The policy is designed to meet the following objectives: -To provide continuity of activities in the event of a large variation in income (e.g. a large funder pulling out unexpectedly). -To deal with emergencies (e.g. a major unexpected repair). - -To deal with short-term fluctuations in cash-flow (e.g. a funder who pays in arrears). - -To be able to develop new projects and grasp new opportunities as they arise. - -To enable the charity to close down in an orderly manner if this should prove necessary. Page 1 ## **Dementia Friendly Keighley** ## **Report of the Trustees for the Year Ended 31 March 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Structure, governance and management** The charity is a Charitable Incorporated Organisation (CIO) formed on 5 January 2017 and governed according to its constitution. ## **Recruitment and appointment of new trustees** The trustees of the charity are appointed by a resolution passed at a properly convened meeting of the charity trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1171003 **Principal address** 6 College Walk Airedale Shopping Centre Keighley West Yorkshire BD21 3PH ## **Trustees** P J Waddington Mrs C M Highley A H Barker H Bradley (appointed 16.5.23) L Maunsel (appointed 13.4.22) (resigned 19.11.22) A Briggs (resigned 11.5.23) ## **Independent Examiner** Helen Louise Barritt FMAAT Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS Approved by order of the board of trustees on 13 October 2023 and signed on its behalf by: Mrs C M Highley - Trustee Page 2 ## **Independent Examiner's Report to the Trustees of Dementia Friendly Keighley** ## **Independent examiner's report to the trustees of Dementia Friendly Keighley** I report to the charity trustees on my examination of the accounts of Dementia Friendly Keighley (the Trust) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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 no concerns and 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. Helen Louise Barritt FMAAT Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS 13 October 2023 Page 3 ## **Dementia Friendly Keighley** ## **Statement of Financial Activities for the Year Ended 31 March 2023** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
45,181
Other trading activities
2
577
**Total**
45,758
**EXPENDITURE ON**
Raising funds
3
29,712
**Charitable activities**
Other
7,959
**Total**
37,671
**NET INCOME/(EXPENDITURE)**
8,087
**Transfers between funds**
6
2,194
**Net movement in funds**
10,281
**RECONCILIATION OF FUNDS**
Total funds brought forward
74,063
**TOTAL FUNDS CARRIED FORWARD**
84,344|Restricted
funds
£
29,848
-
29,848
64,878
9,266
74,144
(44,296)
(2,194)
(46,490)
66,583
20,093|31.3.23
Total
funds
£
75,029
577
75,606
94,590
17,225
111,815
(36,209)
-
(36,209)
140,646
104,437|31.3.22
Total
funds
£
153,159
1,696| |---|---|---|---| ||||154,855| ||||96,985
34,343| ||||131,328| ||||23,527
-| ||||23,527
117,119| ||||140,646| The notes form part of these financial statements Page 4 ## **Dementia Friendly Keighley** ## **Balance Sheet 31 March 2023** |Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank and in hand
84,345
**NET CURRENT ASSETS**
84,345
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
84,345
**NET ASSETS**
84,345
**FUNDS**
6
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
20,092
20,092
20,092
20,092|31.3.23
Total
funds
£
104,437
104,437
104,437
104,437
84,345
20,092
104,437|31.3.22
Total
funds
£
140,646| |---|---|---|---| ||||140,646| ||||140,646| ||||140,646| ||||74,063
66,583| ||||140,646| The financial statements were approved by the Board of Trustees and authorised for issue on 13 October 2023 and were signed on its behalf by: C M Highley - Trustee The notes form part of these financial statements Page 5 ## **Dementia Friendly Keighley** ## **Notes to the Financial Statements for the Year Ended 31 March 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The trustees have taken advantage of section 133 of The Charities Act 2011 and have prepared the accounts on a receipts and payments basis. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2. OTHER TRADING ACTIVITIES** ||31.3.23|31.3.22| |---|---|---| ||£|£| |Fundraising events|577|1,696| Page 6 continued... ## **Dementia Friendly Keighley** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **3. RAISING FUNDS** ## **Investment management costs** ||31.3.23|31.3.22| |---|---|---| ||£|£| |Administrative expenses|2,640|3,647| |Property repairs|15,013|3,976| ||17,653|7,623| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
80,333
Other trading activities
1,696
**Total**
82,029
**EXPENDITURE ON**
Raising funds
32,539
**Charitable activities**
Other
8,743
**Total**
41,282
**NET INCOME/(EXPENDITURE)**
40,747
**Transfers between funds**
(3,392)
**Net movement in funds**
37,355
**RECONCILIATION OF FUNDS**
Total funds brought forward
36,708
**TOTAL FUNDS CARRIED FORWARD**
74,063|Restricted
funds
£
72,826
-
72,826
64,446
25,600
90,046
(17,220)
3,392
(13,828)
80,411
66,583|Total
funds
£
153,159
1,696| |---|---|---| |||154,855| |||96,985
34,343| |||131,328| |||23,527
-| |||23,527
117,119| |||140,646| continued... Page 7 ## **Dementia Friendly Keighley** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **6. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
BAME Project
BDCT Winter Relief
BDMC Covid Relief
BDMC Video
Coop
Sir George Martin Trust
Health and Inequilities
BDMC Community Chest
BDMC Business Support Grant
W.G. Edwards Foundation
Diagnostic Pathway Support
NLCF Changing Space
Bradford Community Buildings
**TOTAL FUNDS**|At 1.4.22
£
74,063
1,857
1,196
6,943
100
1,846
350
23,800
480
10,920
1,408
8,000
9,683
-
66,583
140,646|Net
movement
in funds
£
8,088
-
(900)
(6,943)
-
-
-
(6,393)
(283)
(10,880)
(1,408)
(8,000)
(9,683)
193
(44,297)
(36,209)|Transfers
between
funds
£
2,194
(1,857)
-
-
(100)
-
-
-
(197)
(40)
-
-
-
-
(2,194)
-|At
31.3.23
£
84,345
-
296
-
-
1,846
350
17,407
-
-
-
-
-
193| |---|---|---|---|---| |||||20,092| |||||104,437| continued... Page 8 ## **Dementia Friendly Keighley** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **6. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
BDCT Winter Relief
BDMC Covid Relief
Health and Inequilities
BDMC Community Chest
BDMC Business Support Grant
W.G. Edwards Foundation
Diagnostic Pathway Support
NLCF Changing Space
Warm Places
Jubilee BDMC
Bradford Community Buildings
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
General restricted fund
**TOTAL FUNDS**|At 1.4.21
£
36,708
80,411
117,119|Incoming
resources
£
45,758
-
-
24,998
-
-
-
-
-
1,000
250
3,600
29,848
75,606
Net
movement
in funds
£
40,747
(17,220)
23,527|Resources
Movement
expended
in funds
£
£
(37,670)
8,088
(900)
(900)
(6,943)
(6,943)
(31,391)
(6,393)
(283)
(283)
(10,880)
(10,880)
(1,408)
(1,408)
(8,000)
(8,000)
(9,683)
(9,683)
(1,000)
-
(250)
-
(3,407)
193
(74,145)
(44,297)
(111,815)
(36,209)
Transfers
between
At
funds
31.3.22
£
£
(3,392)
74,063
3,392
66,583
-
140,646| |---|---|---|---| continued... Page 9 ## **Dementia Friendly Keighley** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **6. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
General restricted fund
**TOTAL FUNDS**|Incoming
resources
£
82,029
72,826
154,855|Resources
Movement
expended
in funds
£
£
(41,282)
40,747
(90,046)
(17,220)
(131,328)
23,527| |---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
General restricted fund
BAME Project
BDCT Winter Relief
BDMC Covid Relief
BDMC Video
Health and Inequilities
BDMC Community Chest
BDMC Business Support Grant
W.G. Edwards Foundation
Diagnostic Pathway Support
NLCF Changing Space
Bradford Community Buildings
**TOTAL FUNDS**|At 1.4.21
£
36,708
80,411
-
-
-
-
-
-
-
-
-
-
-
80,411
117,119|Net
movement
in funds
£
48,835
(17,220)
-
(900)
(6,943)
-
(6,393)
(283)
(10,880)
(1,408)
(8,000)
(9,683)
193
(61,517)
(12,682)|Transfers
between
funds
£
(1,198)
3,392
(1,857)
-
-
(100)
-
(197)
(40)
-
-
-
-
1,198
-|At
31.3.23
£
84,345
66,583
(1,857)
(900)
(6,943)
(100)
(6,393)
(480)
(10,920)
(1,408)
(8,000)
(9,683)
193
20,092
104,437| |---|---|---|---|---| continued... Page 10 ## **Dementia Friendly Keighley** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **6. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
General restricted fund
BDCT Winter Relief
BDMC Covid Relief
Health and Inequilities
BDMC Community Chest
BDMC Business Support Grant
W.G. Edwards Foundation
Diagnostic Pathway Support
NLCF Changing Space
Warm Places
Jubilee BDMC
Bradford Community Buildings
**TOTAL FUNDS**|Incoming
resources
£
127,787
72,826
-
-
24,998
-
-
-
-
-
1,000
250
3,600
102,674
230,461|Resources
Movement
expended
in funds
£
£
(78,952)
48,835
(90,046)
(17,220)
(900)
(900)
(6,943)
(6,943)
(31,391)
(6,393)
(283)
(283)
(10,880)
(10,880)
(1,408)
(1,408)
(8,000)
(8,000)
(9,683)
(9,683)
(1,000)
-
(250)
-
(3,407)
193
(164,191)
(61,517)
(243,143)
(12,682)| |---|---|---| ## **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 11 ## **Dementia Friendly Keighley** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2023** ||31.3.23|31.3.22| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|52,561|105,962| |Contracts and commissions|22,468|45,581| |Other income|-|1,616| ||75,029|153,159| |**Other trading activities**||| |Fundraising events|577|1,696| |**Total incoming resources**|75,606|154,855| |**EXPENDITURE**||| |**Other trading activities**||| |Running costs|571|121| |Wages|76,366|89,241| ||76,937|89,362| |**Investment management costs**||| |Administrative expenses|2,640|3,647| |Property repairs|15,013|3,976| ||17,653|7,623| |**Charitable activities**||| |Rent and venue hire|9,649|3,464| |Rates and water|1,274|4,490| |Insurance|841|665| |Telephone|2,231|1,035| |Freelance fees|-|19,384| |Advertising|1,838|422| |Sundries|552|4,883| ||16,385|34,343| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|840|-| |Total resources expended|111,815|131,328| |**Net (expenditure)/income**|(36,209)|23,527| This page does not form part of the statutory financial statements Page 12