Charity number: 1198042 Dementia ¥Support Hampshire & low DEMENTIA SUPPORT HAMPSHIRE & IOW REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY2024 Registered Charlty Number: 1198042 Registered Company Number: CE028436 DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 CONTENTS Page Report of the trustees Independent examiner's report Statement of financial activities Statement of financial position Notes to the financial statements 10-15 DEMENTIASUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity nurnber: 1198042 Page I REPORT OF THE TRUSTEES The Trustees present their report and the accounts of the Charity for the period ended 29 February 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectlve I January 20191. Dementia Support Hampshire & IOW is a Charitable Incorporated Organisation ICIOI. governed according to the Constitution dated 23 February 2022. REFERENCE AND ADMINISTRATIVE DAlLs FOR THE CHARITY, ITS TRUSTEES AND ADVISERS Charity name: The charity Is known by the name "Dementia Support Hampshire & low Charity Number- 1198042 The trustees at the date of approval of this report and those who served during the period were= Petina Leaver- Chair of Trustees Simon Elliott- Treasurer Claire Applin Cameron Pinn Helen Bodiam Karon Walton Dr Nicola Andfews (appointed on 6 February 20241 Registered address-. CIO One Communlty, 12 Romsey Road, Eastleigh, Hampshire, S050 9AL Independent Examiner.. Paul Underwood Morris Crocker Station House 50 North Street Havant P09 IQU DEMENnA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number.. 1198042 Page 2 REPORT OF THE TRUSTEES STATUS, GOVERNANCE AND MANAGEMENT Governlng document The charity is governed by its constitution dated 23 February 2022. Recruhment and appointment ol new trustees One new trustee was recruited durlng the period matching to skills audit bringing specialist dementia nursing experience and clinical expertise to the Board. New trustees Can be appointed by a resolution passed at a meeting of charity trustees. In selectlng individuals for appointment as charity trustees, the charity trustees must have regard to the skill5, knowledge and experience needed for the effective administration of the CIO. New trustees are inducted into the workings of the charity during meeting5 held on a regular basis. Organlsatlonal structure The charity is a Charitable Incorporated Organisation. Overall responsibility for the management of the charity is vested in the Trustees. The charity is managed on a day-to-day basis by the Chief Executive, Helen Hamblen. The charity holds trustee meetings throughout the period. these meetings are organised by the Trustees to continue with the work necessary to maintain the objects of the charity. All trustees give of their time freely and no trustee remuneration was paid in the period. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable a55urance against fraud and error. The trustees actively review the major risk5 faced by the Charity on a regular basis. All the challenges are addressed with a view to minimi5ing the impact on delivery of information, advice, and community services. The Board is confident that the Charity is in a fit State and able to move towards growth and continue to offer it5 5UPPOrt services over the upcoming years. OBJECTIVES AND AcnviTIES Dementia Support Hampshire & IOW is a small Independent charlty led by people with Ilved experience through caring for a loved one with the condition. Our ambition is a future where everyone affected by dementia has access to per50n-centred care and support that maximises their quality of life and enables them to live a5 independently as possible in their own homes Staying connected to their families, friends. and local community for as long as possible. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 Page 3 REPORT OF THE TRUSTEES Dementia Support Hampshire & IOW offersupportfrom the flrst slgns of memory loss, throughout the dementia journey, for anyone ar)d everyone impacted by dementia. Be it the person with dementia, their family, friends, or caregivers. Our focus is on emotional health and wellbeing, reducing isolation and loneliness, and practical support- making a lasting difference to people's lives. ACHIEVEMENT AND PERFORMANCE It has been another busy year for Dementia Support Hampshire & IOW in which we have seen substantial growth in the number of people that we support and the number of attendances at our peer support groups and via our helpline. In additlon to our weekly Support & Soclal Groups and monthly Muslcal Moments Groups. we have organised and facilitated a day trip to Milestone5 Museum, a day by the sea. three boat trips in partnership with Solent Dolphin. a theatre trip to see the first dementia friendly performance held at the Mayflower Theatre. a Tea Party to celebrate the Kings Coronation. a Christmas Party and three Christma5 Carols & Mince Pie events. We have sUPPOrted 549 people via 4420 interactions. 3789 attendance5 at our weekty Support & Social Groups 265 attendances at our monthly Musical Moments Groups 260 information services/helpline interactions 107 attendances at day trips/outing5 Supporting 280 people with a dementia diagnosi5 and 269 familylfriendslcarers Our support is provided in the heart of the community, reducing i501ation, widening access to service5, and removing barriers to 5UPPOrt. We are hugely grateful for the kindness and generosity of everyone that has supported us this year. To our amazing team of volunteers, who give their time to help at one of our peer support groups. fundraising events, help with IT support, artwork design, or administration tasks. We could not deliver our services without all this wonderful sUPPOrt. To everyone that has participated in one of our own fundraising events or taken on a challenge to fundraise on our behalf. To those that have donated in memory of a loved one, or because they appreciate the support that we provide. We thank you for your support. To all our wonderful corporate donors and grant funders. we thank you for enabling us to support people living with dementia across Hampshire and the Isle of Wight. Together, we make a difference. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charlty number: 1198042 Pa8e 4 REPORT OF THE TRUSTEES Communi rt Services Support & Soclal Groups Our Support & Social Groups are held weekly, as routine and consistency for people with dementia is immensely important. Regular contact enables people to develop new friendships and build support networks. The groups enable people with dementia and their family carers to meet others in the same situation. Being able to talk about and share your experiences with others can be highly therapeutic. During the sessions group members can participate in arts and crafts, cognitive stimulation game5, reminiscence, and conversation. All activities are designed to Stimulate the mind and provide social interaction. Group members can also request a l.'I with staff to talk about their worries or concerns, or to ask for help to claim financial benefits that they may be entitled to. or get guidance on Power of Attorney. respite. care at home, and residential care options. Outcomes for people Include reduced anxiety, less feellngs of isolation and loneliness. and improved support network5. all of which help to improve wellbeing. Musical Moments Groups Our Musical Moments Groups are held monthly, in the care home environment. and whilst are suitable for anyone living with memory loss or dementia, these groups are particularly beneficial for people with mid-late-stage dementia as it gives them the opportunity to socialise and reminisce through music. Hosting these groups in the care home environment also enables people to see what it is like to be inside a care home. Our group members tell u5 that this helps to reduce their fears for the future. Informatlon Servlces Helpline Our helpline is available Monday to Friday 8am-6pm lexclL¢ding bank holidays). People can call at a time to suit them, to ask for Infomiation or guldance, to be slgnposted to relevant servlces, or to enqulre about our Support & Social Groups, Musical Moments Groups, and activities and events taking place in the local community hosted by other organisations and voluntary Eroups. Informatlon Days We host infomiation days in local libraries and attend community events, to bring our servi5 to people close to where they live. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 Page 5 REPORT OF THE TRUSTEES Webslte Our website provides information about all aspects of living with dementia, including signs and symptoms, local care pathways and demer)tia services, benefits, activities, and events in the local community. The event calendar includes artivities and events hosted by us, and other organisatiOF15 and voluntary groups, offering a central point of reference to everyone living with dementia in Hampshire and the Isle of Wight. Having a single point of reference provides easy access to supwrt and seNices and offers choice,. enabling people to stay connected to their community. Household SupFK>rt Fund We continued to SUPPOrt households living with dementia durlng the cost-of-living crisis, by Issuing supermarket vouchers paid for with grant funding carried over from the previous fiscal year. FINANCIAL REVIEW During the period ending 29th February 2024, the charity employed 1.9 staff to manage all aspects of 5eNice delivery. fundraisin& marketing, and daily finance processes, and payments. All transactions and accounts are processed through QuickBooks a¢countlng software, and we have secured the services of Morris Crocker again this year. to examine the end of year accounts. An instarrt access savings account was opened to enable the Charity to earn a small amount of Inte$t on funds in the bank. The Charity is registered for Gift Aid. Fundraisin During this period, the Charity has hosted a sponsored walk Walk for Dementia, and a virtual fundraising campaign 'Bake a Difference, to raise funds, and members of the public have very kindly supported us to fundraise on our behalf. We are grateful for the support from corporate and community donors, Redwood Financial Ltd, iQlink Ltd, Whitesales Ltd, HSBC Business Banking, Chris Bryant. Parkside Bowling Club, SUP Theatre Group, Fairoak Masonic Lodge. B05wells Cafe. Needles Eye Cafe, CO OP West End, Tesco New Milton, and M&S Hedge End. Grants were gratefuSly received from Hampshire County Council, The National Lottery Fund, Tesco Community Grants, The Hendy Foundation, Abri Community Fund, The Kenwood Community Fund. The Albert Hunt Trust, Sunlife Financial of Canada, The Hobson Charity. The Linbury Trust, The Syder Foundation, Alice Ellen Cooper Dean Charitable Trust, The Shanley Foundation, Eli Lilly, The Hasluck Charitable Trust, The Foyle Foundation, Southampton Charitable Trust, The Ardwick Trust, The Culra Charitable Trust, James Wise Charitable Trust, Ladbrokes Coral Trust, Eastleigh Borough Council, SNG (Sovereign Network Group) Community Fund, Cllr Hiscock, Cllr Broomfield, and Cllr Bryant DEMEpifiA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 Page 6 REPORT OF THE TRUSTEES ReseNes poll¢v In general, it is considered prudent to maintain a level of useable reserves sufficient to cover unexpected and unplanned events, so that the Charity's primary objectNe is preserved. At the same time the Trustees wish to ensure ihat it uses its funding to benefit the community. Investment pollcy and objectives Aside from retaining a prudent amount in reserve5 each year, most of the Charity's fund5 are spent in the short-term. so there are few funds available for long-term investment. Investment may be an option in future years, but at present, the trustees believe the Charity's money needs to remain available and be easily accessible should unforeseen expenses arise. It is our alm to have a mlnlmum of 6 months unrestrlcted reserves in the bank to ensu our sustalnabillty. FUTURE DEVELOPMENTS 2024125 will be a period of grovAh for the charity as due to a 3-year grant from the National Lottery that commences i# March 2024, we will be able to employ more staff. enabling us to set up mo peer support groups across Hampshire to provide support for more people living with dementia and their family carers. Approved by order of the board of trustees on 04 November 2024 and signed on its behalf by: Petina Leaver Chair of Trustees DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Page 7 Charity number: 1198042 INDEPENDENT EXAMINER'5 REPORTTO THETRU5TEES OF DEMENTIA SUPPORT HAMPSHIRE & IOW Independent examiner's report to the trustees of Dementla Support Hampshlre & low I report to the charity trustees on my examination of the accounts of Dementia Support Hampshire & low (the Charity) for the year ended 29 February 2024. Responsibilitie5 and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Charity's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all appllcable Dlrections given by the Charlty Commi55ion under Section 14515llbl of the Act. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to rny attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required by Settion 130 of the Act: or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements conceming the form and content of account5 set out in the Charities (Accounts and Reports) Regulations 2(X)8 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. P J Underwood, FCCA Morris Crocker Chartered Accountants Station House North Street Havant Hampshire P09 IQU Date..
Charity number: 1198042 Page 8 srATEMENT OF FINANCIAL A1VITIEs Unrestrlcted Funds Restricted Total Total 2023 2022 Funds 24 23 Notes Income and ex nditure Total Incomin8 resources 28,893 82386 111,279 129,943 Expendlture on: Project Costs Dirert Charitable Costs Raising Funds Support Costs Governance Total expenditure 2,7(M) 59,086 3,865 22,971 900 89,522 2,7 59,086 3,865 22,971 900 89,522 1.800 41,461 5,289 7,042 9tK) 56N92 Net Income/{expendlture) 28,893 {7,136) 21,757 73,451 Re¢on¢iliation of funds Balance at 28 February 2023 Balance at 29 February 2024 6.106 34,999 67,345 60,209 73.451 95,208 73,451 The Statement of Financial Activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The notes on pages 10-15 form part of these financial statements. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY Z024
Charity number: 1198042 Page 9 STATEMENT OF FINANCIAL POSITION 2023124 2022123 Notes Fixed assets Intangible assets Tangible assets 2.772 1.347 4,119 3,696 3,696 Current assets Debtors Cash at bank 2,000 76,526 78,526 93,651 93,651 liabllltle5 Creditors.. Amounts falling due within one year Net current assets Totsl assets less current Ilabllltles 2,562 91,089 95,208 8,771 69,755 73,451 Funds Unrestricted funds Restricted Funds 34,999 60,209 6,106 67,345 73A51 The charitable company 15 entitled to exemption from audit under Sertion 477 of the Companies Act 2CI)6 for the year ended 29 February 2024. The members have not required the company to obtain an audit of its financial Statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for.. ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and, b. preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 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 Charitable company. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number= 1198042 Page 10 Approved by the Board of Trustee5 on 4 November 2024 and signed on its behalf by: Petina Leaver Chair of Trustees NOTES TO THE FINANCIAL STATEMENTS Note l- ACCOUNTING POLICIES Accounting convention The financial ststements of the CIO, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling 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 IFRS 1021 (effective l January 20151,, Financial Reporting Standard FRS 102 'The Financial Reportir)g Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Incoming resources All charity 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 reived, and the amount can be measured reliably. Incoming resources f rom grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Other grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionalty entitled to the grant. Incoming resources from other charitable attivities are accounted for when earned. Resources expended Expenditure 15 accounted for on an accruals ba515 and has been classified under heading5 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 re50urce5. Taxation The charity is exempt from tax on it5 charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the charity. Restrirtions arise when specified by the donor or when funds are raised for restricted purposes. Going concern The trustees have determined that there are no material uncertainties in relation to going concern. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 Page 11 NOTES TO THE FINANCIAL STATEMENTS Fixed Assets Intangible fixed assets are being amortised over a useful economic life of 5 years. Note 2-ANALYSIS OF INCOME Unrestrlcted Funds Restrlrted Funds Total Total 2023 24 2022 Charitable attivitie5 3C 300 550 Donations 25.364 25,364 10,429 FundraisinB Events 2,679 2,679 3,067 Grants 550 82,386 82,936 115.106 Sponsorship 792 Totsl expendlture 28.893 82,386 111,279 129,943 Note 3- ANALYSIS OF EXPENDITURE Pro ect costs Unrestricted Funds Restrlrted Totsl 2023 Funds 24 Totsl 2022 Household support fund 2,700 2,700 1,800 Total 2,700 2,700 Dirert Charitsble Costs Unrestricted Funds Restrirted Total Totsl 2022 Funds 23 Support Groups & Information Services 15,098 15,098 6,249 Staff Costs 43,988 43,988 35,212 Total 59,086 59,086 41,461 DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL sfATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 Page 12 NOTES TO THE FINANCIAL STATEMENTS Raisin Funds ritte Fund5 Res rirte Fund Total 2023 Tota 2022 Event Costs 775 775 1.355 staff Costs 3,090 3,090 3,934 Total 3,865 3,865 5.289 ort C05t5 Unrestricted Funds Restricted Totsl Total 2023 202 Funds 24 23 Office support 1,375 1,375 staff C05t5 21,596 21.596 5.733 Total 22,971 22,971 Note 4- GOVERNAN COSTS Governance Costs Unrestrirted Funds Restrlrted Total Total 2023 2022 Funds 24 23 Independent Examiners Fee 9(X) 9(K) 900 Totsl 900 9(K) 900 DEMENnASUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number: 1198042 Page 13 NOTES TO THE FINANCIAL STATEMENTS Note 5- STAFF COSTS Total 2023 Total 2022 Wages and Salaries Social Security Costs Pension costs 52.510 12,511 4.350 69,371 43,932 940 44,872 The average monthly number of employees durlng the year as follows was: Total 2023 Total 2022 1.12 Key Management Personnel: The key management personnel of the Charity comprise of the Chief ExecutNe. No employee received remuneration of over £50,IXIO during the year. Note 6- TRUSTEES REMUNERATION AND EXPENSES The tru5tee5 neither received nor waived any emoluments or expense5 during the period. Nots 7-TRADE DEBTORS Unrestricted Funds Restrirted Total Total 2023 2022 Funds 24 23 Trade Debtors Total 2,IK)O DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCiAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity nurnber= 1198042 Page 14 NOTES TO THE FINANCIAL STATEMENT5 Note 8- CREDITORS DUE WITHIN ONE YEAR 2023124 Unrestrlcted Funds Restrlcted Funds Total 2023 Total 202 Trade Creditors 205 205 21 Accruals Net Wages PAYEINI Pensions 899 899 899 3,851 3,630 370 1,139 319 1,139 319 Totsl 2,562 2,562 8,771 NOIE 9. F) ASs NOIE EWpm•ht Tol 20%SL co brouyhl ltsrw¥d Adthdo lJ47 4420 5.967 AmortlMlloth9kn brpy9FI lowrd •rllHlloWn fory•¥ 924 921 924 N•t knkv4u••l 29102m24 1772 W7 thl look valu•& 280212023 U96 DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024
Charity number.. 1198042 Page 15 NOTES TO THE FINANCIAL STATEMEf+lTS Note 10- MOVEMENT IN FUNDS Balance Movement Balance Unrestricted funds General 6,106 28,893 34.999 Restrirted funds Peersupport Household Support Salarie5 Core Costs 49,833 5,220 12.oc 19,2241 {3,6661 {1,2371 7,282 2921 (7,137) 40,609 1,554 10,763 7,282 292 67,345 60,Z09 73,451 21,756 95,208 Note 11- RELATED PARTIES There were related party transactions of £184.32 in the period ended 29 February 2024 for the purchase of a software licence throLtgh a cornpany 50% owned by director Simon Elliott. DEMENTIA SUPPORT HAMPSHIRE & IOW FINANCIAL STATEMENTS FOR THE PERIOD ENDED 29 FEBRUARY 2024