REGISTERED COMPANY NUMBER: CE009728 (England and Wales) REGISTERED CHARtrY NUMBER: 1172242 Report of the Trustees and Unaudited Financial Ststements for the Year Ended 30 June 2024 Dementia First (A Company Limited by Guarantee) Deeks Evans Audit servIs Limited Chartered Accountants First Floor, West Barn North Frith Farm, Ashes Lane Hadlow Tonbridge Kent TNII 9QU
Dementia First Contents of the Financial Statements for the Year Ended 30 June 2024 Page Report of the Trustees Independent Examiner's Report Statsmant of Financial Activitie8 Balance Sheet Notes to the Financial Statements 5 to 9 Detailed Statement of Financial Activities io to 11
Dementia First Report of the Trustees for the Year Ended 30 June 2024 The trustees who are also dirertor5 of the charty for thc purp05cs of the Companic5 Art 2006, present thcir report with the financlal statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporting by Charitles: Ststement of Recommended Pract1 appllcable to charities preparin9 thelr accounts in accoidaiiie WILI) Ilié FiiiaiiLidl Repurliiiy Sldiiddid dvyIiLdble iii Llie UK diid Republic of Iieldll(i {FRS 102) (effethve i January 2019). OBJEcfIvES AND AcrivrrIES It's been anotlier stable year financially mainly due to large grant we reiVed during the year, and an increase In donations this enabled us to renew the flooring in the premises and update the office computers. Our thanks to all of thnsp whn donated to us thitr year and to the and volunteery for all their hard work during the year. srRucfuRE, GOVERNANCE AND MANAGEMENT Governing document Thc charity controlled by its governing document, a deed of trust, 8nd con5titute5 a limited company• limited by guarantee, as defirled by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Company nUMr CE009728 (England and Wales) Registered Charity number 1172242 Registered office The Byre Pendell Road Bletchingley Redhlll Surrey RHI 4QH Tru$tee¥ B M Murdoch Mrs C Robertson Mts L R Watson Mrs P M Hext Mis J s fraiikliii Mrs E Lord M J Wagstaff (appointed 23.3.24) C O'connor (aprolnted 14.5.24) Independent Examln•r Dep.ks Fvans Aijdit SpNices Limited Chartered Accountants First Floor, Wesl Barii Nurtli Frith Farm, Ashes iAne Hadlow Tonbridge Kent TNII 9QU Approvcd by order of the board of trustees on . 1 .8./iJ./.10 l.Lt.... and slgned on Its behalf by.. B M Murdoch - Trustee Page I
Independent Examiner's Report to the Trustees of Dementia First Independent examlner's report to the trustees of Dementia First ('the Company,) I rewrt to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024. Responsibilities and basis of report As thp rharity'q triistpps nf thp C.nmr)any (and alsn its dirertors for the purposes of company law) you are reswnsible for the preparation of the accounts in accordance With the requlrements of the Companies Att 2006 ('the 2006 Act,). Having satisfied myself that the accounts ot the Lompany are not required to be audited under part 16 of the 2006 Act and are eligible for independent examination, I report in respett of my examination of your charity's accounts as carried out under Scction 145 of the Charities Act 2011 ('the 2011 Art). In carrying out my examinatlon I have followed the DireLtions given by the Charlty Commlsslon under Sectlon 145(5) (b) of the 2011 Act. Ind•pondgnt gx•Minor's gtatamant Since your charity's gross income exeded £250,0(Kl your examiner must be a member of a listed tK)dy. I can confirm that I am qualified to undertake the examination because J am a member of the Institute of Chartered Accountants in England and Wales, which 15 one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examlnatlon glvlng me cause to believe: accountinq rccords were not kept in respect of the Company as required by Section 386 of the 2006 Att; or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Att 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. or the accounts have not been prepared in accordance with the methods and principles of the Ststement of Recommended Prattl for accounting and reporting by charities (applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102)). 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 underthnding of the accounts to be reached. .Richard Yourig ACA t)eeks Evans Audit Services Limited Chartered Accountants First FIr, West Barn North Frith Farm, Leher Lane Hddlow Tonbridge Kent TNII gQU Page 2
Dementla Flrst statement ol Flnanclal Actlvltles for the Year Ended 30 June 2024 2024 Total funds 2023 Total funds Unrestricted fund Restrictcd fund Notes INCOME AND ENDOWMENTS FROM L)onations and legacies 22,615 l>J,22b 40,841 31,534 Charltable actlvltles Carfng and support actlvltles 238,694 17,000 255,694 216,421 other tradinq activitic Investment income 2,089 819 330 335 2,419 1,154 4,743 291 Total 264,217 35,WJi 3UU,iU 251J,Y8Y EXPENDrnIRE ON Charitsble activities Caring and support activities 240,126 36,712 276,838 247,186 NEf INCOMEI(EXPENDrnIRE) Transfe between funds 24,091 606 (821) (606) 23,270 11,803 12 Net movement in fvnd$ 24,697 (1.427) 23,270 11,803 RECONCILIATION OF FUNDS Total funds brought fOard 96,443 50,057 146,500 134,697 TOTAL FUNDS CARRIED FORWARD 121,140 413,63U IbY,//U 146,5W The notes form part of these financial statements Page 3
Dementia First Balance Sheet 30 June 2024 2024 Total funds 2023 Total funds Unrestricted fijnd Restricted fund Notes FIXED ASSETS Tanglble assets 21,YJ/ 21,937 CURRENT ASSETS Debtors Cash at bank and in hand io 20,321 106,159 248 26,444 20,569 132,603 21,199 101,178 126,480 26,692 153,172 122,377 CREDrroRS AmounL falling due within onc year li (J,J40) (5,339) (5,127) NEf CURRENT ASSErs 121,140 26,693 147,833 117,250 TOTAL ASSEfs LESS CURRENT UABILrrIES 121,140 48.630 169,770 146,500 NEf ASSETS 121,140 48,630 169,770 146,500 FUNDS Unrestricted funds Restricted funds 12 121,140 48,630 96,443 50,057 TOTAL FUNDS 169,770 146,500 Tlie cl)ariiabie cott)pai)y1s entllled to exeniptloi) from audlt undei. Sectlon 477 of the Companbes Act 2006 for the year ended 30 June 2024. The inellibers lidve riut require(J tlie conipai)y Lo obiaii) an audit of its fiiiancial statements for the year ended 30 June 2024 In accordan with Section 476 of the Companies Act 2006. The trustees acknowledge their resp)nsibilities for (a) ensuring that the charitable company keeps accounti records that comply with Sections 386 and 387 of the Companies Art 2006 and preparing financial statements which give a true and fair view of the stste of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial yp.hr in aernrdanep. with the requirements of Sectio5 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the tharitsble company. (b) Theso financial statements havc boen prepared in accordance with thc provlJon• appllcable to charitsble compani&r subject to the small companies regime. The financ 31 statements were approv by the Board of Trustees and authorised for issue .rJ.&,.4.............. and INere signed on its behalf by: on son - Trustee JoLI-t The notes form part of these financial statements Page 4
Dementia First Notes to the Flnanclal Statements for the Year Ended 30 June 2024 ACCOUNTING POLICIES Basis of preparing the financlal statements The financial statements of the charitsble company, which is a public benefit entity under FRS 102, have been prepared in accordan wlth the Charltles SORP (FRS 102) 'Accounting diid RewrLiiiy by Cliai iliés: SLe1)le1]L ur Recommended Practice applicable to charities preparing their accounts In accordan wrth the Financial Reporting standard applicablc in thc UK and Rcpublic of Ireland (FRS 102) (effertive I laniiary ?n19)', Financ.ial Reporting Standard 102 'The Financial Reporting Standard applicable.in the UK and Fiepublic of Iland, and the Companies Att 2006. The finanaal statements have been prepared under the hlstorlcal cost convention. Income All income is recognised in the Ststement of Financial Activities ontr the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendilu Liabilities are recogni%d 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 tnefits will be required in settlement aiid the amount of the obligation can be measured reliably. EXtnditUre is accounted for on an accruals basis and has been classified under heading5 that aggregate all cost rclatcd to the category. Where costs cannot be directly ttn"buted to particular headings they have been allocated to activities on a basis consistent with the use of resource5. Tangible fixed assets Depreciation is provided at the following annual rates in order to write oft each asset over its estimated u5efiJl life. Motor vehicles Computer equipment 250/0 on reduclng balance 33Wo on cost Taxation Thp charity is exempt from corporatlon tax on its charitable artivities. Fund accountlng Unrestricte(I funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restrlcted funds can only be used for particular restricted puryuses wiU)iii tlie objects of the charity. Restridions arise when specified by the donor or when funds are raised for particular restritted purposes. 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 Ststement of Financial Activities on a straight line basis ovcr thc pcriod of thc lea . Pension costs and other post-retirement benefits The charitable company operates a defined contribution penslon scheme. Contribution5 paydble tu tlie Lli£]ritdble company's pension scheme are charged to the utstemcnt of Financial ActivitieJP In the period to which they relate. DONATIONS AND LEGACIES 2024 2023 Donations Gill ald 40,527 314 36,793 741 40,841 37,534 Page 5 continued..
Dementia First Notes to the Flnandal Ststements - continued for the Year Ended 30 june 2024 OTHER TRADING AcrivrrIES 2024 2023 Fundraising events 2,419 4,743 INVESTMENT INCOME 2024 2023 Deposit account interest 1,154 291 NET INCOME/(EXPENDrruRE) Net income/(expenditure) jr ttated after chargingl(crediting)', 2024 2023 Depreciation - owneij a Hire of plant and machinery Other operating lea5e5 7,313 1,555 37,638 9,839 1,571 34,242 TRUStEES' REMUNERATION AND BENEFtrs There were no trustees, remuneration or other benefits for the year Ended 30 June 2024 nor for the year ended 30 June 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 30 June 2024 nor tor the year ended 30 June 2U23. STAFF cosrs The average monthly numIr of employees during the year was as follows: 2024 2023 Management and AJn)Inistraibn Care staff DrSvers No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrivrrIES Unrestricted fund Restrlcted fund Total fund5 INCOME AND ENDOWMENTS FROM Donabons and legacies 11,749 25,785 37,534 Charitable activities Caring and 5UPPOrt activities 216,421 216,421 other trading activities Investment income 4,143 217 4,743 291 74 Toial 233,130 2 Jfo,989 EXPENDrruRE ON Page 6 continued...
Dementia Flrst Notes to Ihe Fliiaiicial Stateiiients - contlnued for the Year Ended 30 June 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvrrIES - continued Unre5trirted Restricted fund fijnd Totsl fvnds Charltable activities caring and Support athviues 225,392 21,794 247,186 NEf INCOME Transfers between funds 7,738 1,982 4,065 (1,982) 11,803 Net movement in funds 9,720 2,083 ii,uuJ RECONCILIATION OF FUNDS Totol fund- brought fotward 86,723 47,974 l B4,fi97 TOTAL FUNDS CARRIED FORWARD 96,443 50,057 146,500 TANGIBLE FIXED ASSErs Motor vehicles Computer equipment Totals COST At l July 2023 and 30 June 2024 ?,nnr) 4CNJ 52,400 DEPRECIATION At l July 2023 Charge for year 22,750 7,313 400 23,150 7,313 At 30 June 2024 30,063 400 30,463 NEf BOOK VALVE At 30 June 2024 21,937 21,937 At 30 June 2023 29,250 29,250 io. DEBTORS:'AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Trade debtors C)thp.r dp.htnr4 Prepayments 1?,11?. 5,100 5,100 2,868 20, Jf69 21,199 Page 7 continued...
Dementla First Noles to Ihe Flnaiiclal Staiemeiits - coiitinued for the Year ended 30 June 2024 11. CREDrroRS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Trade creditors Accrued expenses 139 169 4,9 Jf8 5,127 12. MOVEMENT IN FUNDS Transfers btheen tunds movement In tunds At 3U.6.24 At 1.7.23 Unrostrictcd funds General fund 96,+13 24,091 606 121,140 Restricted funds Restriction fund 50,057 (821) (606) 48,630 TOTAL FUNDS 146,500 23,270 169,770 Net movement In funds, included in the ab)ve are as follows: Incoming resour5 Resources expended Movement in fvnds Unrestricted funds General fund 264,217 (240,126) 24,091 Regtricted funds Restrlction fund 35,891 (36,712) (821) TOTAL FUNDS 300,108 (276,838) 23,270 Comparatives for movement in funds Net movement in fLinds Transfers between fiindq At 1.7.22 Unr•StriCt funds Gcneral fund 86,723 7.738 1,982 96,fjd3 Restricted funds Re5biLtion fund 47,974 4,065 (1,982) 50,057 TOTAL FUNDS 134,697 11,803 146,500 Page 8 continued...
Dementia First Notes to the Financial Statements - continued for the Year Ended 30 june 2024 12. MOVEMENT IN FUNDS- continued Comparatlve net movement in funds, induded in the above are as follows: Incoming resources Rcsour expended Mtsvp.me.nt in funds Unrestricted funds General fund 233,130 (225,392) 7,738 Restricted funds Rertriction tund 25,859 (21,794) 4,065 TOTAL FUNDS 258,989 (247,186) 11,803 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds Transfers ben funds At 30.6.24 At 1.7.22 Unrestricted funds General fund 86,723 31,829 2,588 121,140 Restricted funds Restriction fund 47,974 3,244 (2,588) 48,630 TOTAL FUNDS 134,697 35,073 169,770 A current year 12 month5 and prior year 12 months combined net movement in funds, induded in the above are as follows: Incoming Resour5 pxrRndpd Movement in funds Unrestricted funds General fund 497,347 (465,518) 31,829 Restricted funds Restrittion fund 61,750 (58,506) 3,244 TOTAL FUNDS 559,097 (524,024) 35,073 13. RELATED PARTY DISCLOSURES No tru&eer have family membewJ who arc 5clf fundcr5 of se15 at thc chaiity'5 prcmi5C5. Page 9
Dementia First Detalled Statement of Financial Actlvltles for the Year Ended 30 June 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid 40,527 314 36,793 741 40,841 37,534 Other trading attlvltla8 Fundralslng events 2,419 4.743 Investnient Income Deposit account intsrest 1,154 291 Charitable activities Sales servi Grants 238,694 17,000 216,421 255,694 216,421 Totsl Incoming resources 300,108 258,989 EXPENDrruRE Charitsble activities Wages Social securlty Penslons Other operatlng leases InJurancc Light and heat Sundrles Motor expenses Cleaning Fnnd Activitles Training 129,726 I,iii 2,257 37,638 560 5,494 4,656 5,022 649 10,148 3,168 264 117,360 926 34,242 603 4,691 4,065 5,834 546 8,887 4,171 1,124 200,693 184,493 Support costs Man•gement Wagcs Sorlal qe.c.IAIIIy Pensions Hire of plant and machinery Telepliune Postage and stationery A(fvertlslng Rep8irs & renewals Motor vehide depreciation Computer equipment 44,644 1,066 1,766 1,555 40,975 11611 1,615 1.571 662 611 442 1,316 9,750 89 161 13,697 7,313 15 71,448 51,lJ99 This page does not form part of the ststutory finanoal statements Page 10
Dementia First Detaile.d Stat&•.m•.nt nf Finanr.ial Artivitie. for the Year Ended 30 June 2024 2024 2023 Management Other Bank Interest 249 308 Governan costs Accountancy fees Legal and professioiial fees 4,160 288 3,980 506 4,448 4,486 Total reJOUI-CCJ CXPLndL)d 276,838 247,18G Net income 23,270 ii,ooJ This page does not form part of the statutory financial statements Page 11