Charity registration number.. 1185367 MEMORY MArrERS FOUNDATION TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BEVERSTON ACCOUNTANTS 3 Stoke Damerel Business Ctr 5 Church Street Plymouth Devon PL3 4DT
Memory Matters Foundatlon Contents Page Reference and Administrative Details Trustees, Report 2-5 Independent Examinels RèKK>rt ststemenl of Financial Activities statement of Financial Position Stslement of Cash Flows Not8S to the Statement of Cash Flows 10 Notes to the Financial Ststemenls The followlng pages do not fomi part of the ststutory ac¢ounls'. Detailed Slalemenl of Financial Aclivilie5 16
Memory Mattars Foundatlon Reference and Administrative Details ForThe Year Ended 31 March 202$ Trusteès H51ary Cragg- Ch81r Ashley Smith Graham Knapm8n Paul Kennelly Charity Number 1185367 Principal Address 69a New George Street Plymouth Devon PL1 1RJ Independent Examlner Martin Caruana FMAAT Beverslon Accounlanls Ltd 3 Stoke Damerel Business Clr 5 Chur¢h Street Plymouth Devon PL3 4DT Page 1
Memory Matters Foundation Trustse$' Report For The Year Ended 31 March 2025 The trustees present their report and the financial statements for the year ended 31 March 2025. Objectives and Activities Airns and Objectives The Mernory Matters Foundation was established with the alm of supporting those affected by Dementia and other long-lerm conditions. To provide relief to those affected by dernenlia and other long-term and chronic health conditions by the provision of advice. support and education and raising public awareness of such health conditions. All funds raised enable the ¢harity to support Ih05e issues as needed by those affected. The charity is supported by the team that runs Memory Mattgrs CIC and Moments Café in the southwest and was sel up lo enable a transparent fundraising path lo build on the community's needs. The charlty Is a separate entity from Memory Mattèrs CIC and Moments Cafe and is govemed by trustees under the guid8n¢e of the Charities Commission.. they do. however, work cooperatively together, albeit with separate roles and responsibilities. The Trustees ensure that all charitable activities adhere to the regulatory framework sel by the Charities Commission and that lunds are used excluswely lo fulfil the Foundation's charitable objectives. Achievements and Perforniance Main Achievernents Throughout 202412025, the Memory Matters Foundation has remained a trusted source of infomation, guidance, and practical support for people living with dementia and their families across Plymouth and Devon. From early intervention and peer support lo creative engagement and community inclusion, the Foundation's services have contlnued lo make a meaningful differance lo the lives of those affected by dementia. Advice and Support for People Affected by Dementia During 202412025, Memory Matters Foundatlon supported 479 individuals affected by dementia through the provision of personalised advice. emotional support, advocacy. information, and signposting to appropriate services. Memory Matters Foundation's seNi¢es aim lo enhance support for people awaiting a formal dementia diagnosis. Waiting lists for diagnosis in Plymouth rernain lengthy, leaving many individuals unable to access essential dementia-specific services. The Foundation's Dgmantia Hub plays a crucial role in addressing this gap by offering.. Referrals lo community organisations Access to Cognitive Stimulation Therapy ICST} and peer support groups Support with assessment planning Guidance and referrals to G.P. serViS when needed By providing this eady inlervenlion, the Hub helps prevent isolation. redu¢0 distress. and ensure farnilie5 Teceive the support they need al a ¢rili¢al stagè. Two weekly Memory Cafos wntinue to operate, welcoming 1,099 attendances over the year. These cafés offer safe and welcoming spaS for social interaction, connection. and wellb&ing. They remain fully self-funded. supported by community fundraising, including a summer fair, seasonal raffles. and small contribution5 from attendees. This financial independence has enabled additional activitses. including outings, tsrgeted workshops, and visits from external entertainers. ..CONTINUED Page 2
Memory Matters Foundation Trustees. Report Icontinuedl ForThe Year Ended 31 March 2025 Maln A¢hlevement$- Contlnued In June 2024, the Foundation received 8 generous donation of £50.000 from Memory Matters CIC. This significant contribution has ensured the continued provision of free-lo-acGess dementia information, advice, and ongoing support delivered through the D&menlia Hub. Volunteèrs and Communlty Engagement Volunteers continue lo be central to Ihg succgss of the Foundation's work. Over the past year, volunteers contributed 1,040 hours supporting Memory Cafés and assisting wilh community oulrea¢h activities. Their Invofvemenl ensures our services remain flexible, person-centred, and responsive lo community needs. The Foundation has strengthened its community presence through workshops, awareness events, dementia- friendly aclivilies, and collaborations with local groups and organisalions. These activities supptsrt the wider ambition of building a dementia-aware Community across Plymouth and Devon. Feedback from people living with dementia, their carers, and our partners is a key component of our development. This ongoing dialogue informs programme planning, ensures inclusivity, and helps us adapt services to meet emerging needs. Young Onsèt Dèmentia Group Our Young Onset Dementia Group continues lo meet monthly on Saturdays, offering a vital space for individuals diagnosed with dementia under the age of 65. On average. 12 participants attend each session. forming a close and supporbve peer wmmunity. What makgs this group particularly effective is its participant-led approach. Activities are chosen and shaped by group members, ensuring sessions align wllh their interests and abilities. Activities this year have included.. Creative atts sessions Gentle physical activity Cognitive games and memory challenges Peer discussions and problem.solving activities Informal social lime Thls flexible. person4irected model enhances engagement, autonomy, and psychological wellbeing. The impact extends to families and carers, who benefit from valuable respite and from knowing their loved one is supported in a meaningful, safe environm8nt. Carers consislenlly report reduced stress, improved confidence. and a greater sense of connection to others facing similar Challenges. Through shared experiences. mutual support, and individualty tailored activities. the Young Onset Dementla Group continues to play a key role in reducing isolation and promoting independence, empowermant, and wellbeing. Page 3
Memory Matters Foundation Trustees, Report l¢ontlnuodl For The Year Ended 31 March 2025 Financial Review Flnanclal Posltlon Memory Matters Foundation continues lo use the Services of Memory Matters CIC lo oversee the finance processes and payments. All transactions and accounts are processed through Xtrro a¢¢ounting SOare and have continued the setvicès of Beverslon Accounlanls lo oversee the period end and reconcile the accounts. The Foundation ulilised the reserve brought lorward and donations received lo cover the expenditure in the period. At the year end. an increased cash surplus of £74,420 was carri&d forward. and together with donations received post year end, significant funds are available to support the charity's objectives for the next year. Grants No grants were recelved durfng the peliod. Investment pollcy and obJe¢tlve$ Aside from retsining a prudenl amount in reserves each year, most of the charity's funds are spgnt in the short term, so few funds are available for long-lerm investment. InvgStm8nt may be an option in future years, bul the Iruslees believe the charitys money musl remain available and easily accessible should unforeseen expenses arise. Donation5 The charity continues to receive support from Memory Matters CIC and were paid a donation of £50.000 during the period. The donation from Memory Matters CIC has significantly enhanced the Foundab'on's financial sustsinabilily. This investment has supported core services, including.. The Young Onset DementSa Group Weekly Memory Cafés Demenb'a advice and information 5e5sions Peer support groups The Board will continue lo monitor financial Performan closety and identify opportunities for future growth, partnership development, and funding diversification to ensure long-term stability. Reserves Policy Generally, il is considered prudent lo maintain a level of usable reseryes sufficient lo cover unexpected and unplanned events so Ihal the Charity's primary objective is preserved. At the same lirne, the Trustees wish to ensure that it uses its funding lo benefit the community. Page 4
Memory Matters Foundation Trustees. Report (continued} For The Year Ended 31 March 2025 structure. Governance and Management Governing Document The charlty Ss governed by ils constitution, dated 18 September 2019. Trustee Sg1g¢tlon Mothod$ No new Iruslees were appoinld during this time. New Iru51ee5 Can be appointed by a resolution passed at a meeting of charity trustees. In selecting individuals for appointment as charity trustees, the charity Iruslees musl have regard lo the skills, knowledge and experience needed for the effective adminislralion of the CIO. New trustees are inducted into the workingg of the charity during meetings held on a rggular basis. Organisational structure The charty Is a Charitable Incorporatsd Organisation and overall responsibility for the management of the charity is vested in the Trustees. The Memory Mallers CIC finance team manages the charity. The charity holds Iruslee meetings Ihroughout the period, which are organised by the Trustees Its continue with the work necessary lo maintain the charity's objgctives. All Iruslees give their lime freely and no trustee remuneration was paid in the period. The charity has maintained Strong govemance throughout 202412025. The Trustees have ensured that all charitsble activities are compliant with statutory regulations and aligned with the Foundation's vision and objectives. Systems for financial management remain robust. with careful oversight of expenditure and a continued focus on maximising the impact of all donated funds. Post Balance Sheet Events In the next acconting period Madeleine Matthews and Philip Dawe were employed. Fundraining activies have increased and the charity is becoming more COgnised in the community. The trustees, report was approved by the board of trustees and signed on its behalf by: Hilary Cragg Trustee Dale 12 Jan 2026 Page 5
Memory Matters Foundation Independent Examinerfs Report to the Trustees of Memory Mattors Foundation For The Year Ended 31 March 2025 I report lo the Iruslees on my examination of the accounts of Memory Matters Foun(lalion {the Trust) for the year ended 31 March 2025. Responslbllltles and Ba$1$ of Report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requiremgnts of the Charities Act 20111 the Act l. I report in respect of rny examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Direction5 given by the Charity Comrnission under section 14515llbl of the Act. Independent Examlner's Statement I have completed my examination. I confirm Ih8t no material matters have come to my attention in connection with the examination giving rne cause to belleve 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 Ihg applicable requireentS conceming the form and ¢ontents of accounts sel out in th& Charits'es (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of an independent gxaminalion. I have no concerns and have come across no other matters in connection with the examination to whlch attenllon should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Martin Caruana FMAAT Dale 3 Stoke Damerel Business Ctr 5 Church Street Plymouth Devon PL3 ADT tLI.,IqoL Page 6
Memory Matters Foundatlon statement of Financial A¢tivities For The Year Ended 31 March 2025 2025 2024 Unrestrl¢t•d Unrestricted funds funds Noto$ INCOME AND ENDOWMENTS FROM: Donations and legacies 65.168 58,158 EXPENDITURE ON: Raising tunds ChaTilable acts'vilies- Main objective {2741 133,0921 133,3661 31,802 129.0411 129,0411 29.117 NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Totsl funds brought forward 31,802 29,117 48,685 19,568 TOTAL FUNDS CARRIED FORWARD 11 80,487 48,685 The notes on pages 10 10 15 fomi part of these financial slatemenls. Page 7
Memory Matt¥rs Foundation Statement of Flnancial Position A$ At 31 March 2025 2025 2024 Unr•strlcted Total funds funds Notes FIXED ASSETS Tangible Asse15 1,634 1.634 CURRENT ASSETS Debtors Cash at bank and in hand 6.840 74,420 49,775 81,260 49.775 Credltors: Amounts Falling Due Withln Ono Yoar 10 11.6801 12.7241 NET CURRENT ASSETS ILIABILITIESI 79.580 47.051 TOTAL ASSETS LESS CURRENT LIABILITIES 80,487 48.685 NET ASSETS 80,487 48,685 FUNDS OF THE CHARITY Unrestricted Funds 80.487 48.685 TOTAL FUNDS 11 80,487 48.685 On behaw of the board • (4nAY' Hilary Cragg Trustee Dale 12 Jan 2026 The notes on pages 10 10 15 form part of these financial stalemenls. Page 8
Memory Matters Foundatlon ststement of Cash Flows ForTho Year Ended 31 March 2025 2025 2024 Notes Cash flows from operatlng a¢tlvltles Net cash generated from operations Net Gash generated from operating activities 24,645 32,629 24,645 32,629 Increase in cash and cash equivalents Cash and cash equSvalents at beginning of year Cash and cash equivalents at end of year 24,645 49,775 32,629 74,420 32,629 Page 9
Memory Matters Foundation Notes to the Statement of Cash Flows For The Year Ended 31 March 2025 Reconciliation of income to cash generated from operatlons 2025 2024 Nel income Adjustments for.. Depreciation of tangible assets Movements in working c8Pltal.' Increase in trade and other debtors IDecreasellincrease in trade and othèr creditors Nel cash generated from op6ralions 31.802 29.117 727 788 16,840 } 11,Q441 2,724 24,645 32,629 Cash and cash equivalents Cash and cash equlvalenls, as stated Sn the Slalemenl of Cash Flows, relates trj the following items in the Balance Sheet.. 2025 2024 Cash at bank and in hand 74.420 49.775 Analysls of changes In net funds As at 1 April Ca$h Ilows 2024 Asat31 March 2025 Cash at bank and in hand 49.775 24.645 74.420 Page 10
Memory Matters Foundation Notes to the Financial Statements For The Year Ended 31 March 2025 General Informallon Memory Matters Foundation is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1185367. The principal address is 69a New GeoTgg Street, Plymouth. Devon, PL1 1RJ. Accountlng Pollclgs Basis of Preparation of Finan¢lal Statgmonts The financial slalements have been prepared In accordance with the Charities SORP IFRS 1021"AUnIlng and Repong by Charities.. Slalemenl of Recommended Practice appli¢able to charities preparing their accounts in accordance Mth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} leffeclive 1 January 20191" Financjal Reporting Standard 102'The Finanryal Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public 8enefil Entity as defined by FRS 102. 2.2. Fund Accounting Unrestricted funds can be used in accordance with the charitable objecllves al the discretion of the trustees. Designated funds comprise unTeslricled funds that have been set aside by th8 trustegs for a specrfic purpose. Restricted funds are to be used for specific purposes as laid down by the donor. Further explanation of the nature and purpose of each fund Is included in the notes lo the financial statements. 2.3. In¢omlng Resourc0$ All charity income is recognised in the Ststement of Financial Aclivilies. Once the charity has entitlement to the funds. il is probable that the income will be reIVed and the amount can be measured reliably. Incoming resOUS from grants related to performance and 5peGific deliverables are accounted for as the charity earns the right lo consideration for its performance. Other grants, where enlillement is not conditional on the charity's delivery of a specific performance, are recognised when the Charity becomes unconditionally entitled to the grant. Incoming resources from other charitable activities are accounted for when earned. 2.4. Resources Expended Expenditure is accounted for on an accrual b8sis and has been classified under headings that aggregate all costs related lo the category. Where costs cannot be directly atlribuled lo particular headings, they have been allocated to activities on a basis consistent with the use of resources. 2.5. Tanglble Flxod Assets and Depreciation 2Tangible fixed assets are measured at Gosl less a¢cumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets. less their estimated residual value, over their expected useful lives on the following bases.. Plant & Machinery 25% Straight line Page 11
Memory Matters Foundation Notes to the Financial Statements {continuedl For The Year Ended 31 March 2025 2.6. Cash and Cash Equlvalents Cash and cash equivalents are basic financial assets and Include cash in hand and detx)sits held at call with banks, other short-term highly liquid investments that Matu in no more than three months from the date of acquisition and are readily convertible lo a known amount of cash with insignificant risk of change in value, and bank overdrafts, 2.7. TatIOn The charity is exempl from tsx as all its incorne is charitable and applled for charitable purposes. Income from Donations and Legacies 2025 2024 Unrestricted Unrestricted funds funds Donations and gifts Grants 65.168 48.158 10.000 65,168 58.158 Net Incomel{Expenditurel The net income Is slated after chargSngll¢redilingl- 2025 2024 Depreciation of tangible fixed assets- owned 727 788 Analysis of Expenditure 2025 Activities Support undertaken Costs directly Isee note 61 Total Raising funds Main objective 274 12.097 274 20.995 33.092 20,995 12.371 33.366 2024 Activities Support undertaken costs directly Isee note 61 Total Main objective 18,026 11,015 29,041 Page 12
Mernory Matters Foundation Noles to the Financial Statements {continued) For The Year Ended 31 March 202S Support Costs 2025 Raising funds Main objective Total General administration: Fundraising eqLJipment Computer software costs Subscriptions Charitable donations Other offico Costs Sundry expenses Depre¢iation= Depreciation Governance costs.. Accountancy fees 274 274 454 216 2,979 6.641 60 454 216 2,979 6,641 60 727 727 1.020 1.020 274 12,097 12,371 2024 Main objective General administration.. Computer software costs Advertising and marketing costs Subscriptions Charitable donations Other office costs Depreciation.. Depreciation Govemance costs-. Accountancy fees 418 254 216 1,000 7,283 788 1,056 11,015 Average Numbèr of Employees Average number of employees during the year was.. NIL {2024= NIL) Page13
Memory Matters Foundation Notes to the Flnancial Statements (continued} For The Year Ended 31 Mar¢h 2025 Tanglble As$et$ Plant & Machinery Cosl As at 1 April 2024 3,210 As a131 March 2025 3,210 Depreciation As al 1 April 2024 Proviéed during the period As at 31 March 2025 1.576 727 2,303 Net Book Value As at 31 March 2025 907 As at 1 April 2024 1,634 Debtors 2025 2024 Due wlthln on¢ yèar Due from Memory Matters Cafe 6,840 10. Credltors: Amounts Falllng Due Within One Year 2025 2024 Accruals 1.680 2,724 11. Movement in Funds As at 1 April 2024 Asat31 Expendituro March 2025 Income Unrestrlctgd funds General.. General unreslricled fund 48,685 65,168 133.3661 80.487 Total funds 48,685 65.168 133,3661 80,487 Page 14
Memory Mattors Foundation Notes to the Financial Statements Icontinuedl For The Year Ended 31 March 2025 As at 1 April 2023 Asa131 Expenditure March 2024 Income Unrestrlcted funds General- General unrestrict8d fund 19,568 58,158 129,0411 48,685 Total funds 19,568 58,158 129,0411 48,e85 12. Transactions with Trustees None of the trustee5 received any remuneration or any other benefits from an employment with the charity or a related enlily during the current or previous year. No trustee expenses have been incurred. 13. Related Party Disclosure5 There have been no related party transactions in the reporting period that require disc105ure. Page 15
Memory Matters Foundation Detailed Statement of Financial A¢tTvities ForThe Year Ended 31 Mar¢h 2025 2025 2024 Total funds Total nds INCOME AND ENDOWMENTS FROM.. Donatlons and lagaclas Donations Grants 65,168 48.158 10.000 65,168 58,158 65,168 58.158 EXPENDITURE ON: Raising funds Fundraising equipment 12741 12741 Charltable A¢tlvltles: Main objective Room Hire Consultants and development workers Cornputer softwar8 costs Advert]sing and marketing costs Subscriptions Charitable donations Other Offi costs Sundry expenses Depreciation Accountancy fees 14,6561 116,3391 (4541 14,8961 113,1301 {4181 12541 12161 11,0001 17.2831 (2161 12,9791 16.6411 {601 {7271 11,0201 {33.0921 133,3661 17881 11,0561 129,0411 129,0411 NET INCOME 31.802 29,117 Page 16