Trustees’ Annual Report for the period April 1, 2024 - March 31, 2025 Charity name: Dementia Studio (formerly Imagine Artsdem Broxtowe) CIO Charity registration number: 1199448
Objectives
The objectives of the charity are to conduct activities which benefit the community and in particular (without limitation) to:
-
work with individuals with dementia and their carers to develop a place where people with dementia feel welcome and at ease;
-
support carers in the ways that best meet their needs;
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apply research and practice knowledge about dementia and the arts to benefit people with dementia and their carers;
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be a resource for the local community; and
-
be a centre of excellence in dementia care and support.
Activities and achievements
In the year to 1 April 2025 we delivered services to at least 50 people affected by dementia and their close carers. We signposted dozens more people who came to us for advice or information. We provided more than 2,000 individual sessions of support to people affected by dementia, including:
495 Day Care sessions for people with dementia supported by experienced staff and led by
skilled artists
500 Support sessions for couples where one person has dementia led by volunteers
350 Sporting Memories sessions for couples where one person has dementia led by
volunteers
600 Carers Corner sessions led by volunteers
10 Singing sessions led by volunteers in a neighbouring care home where some of our
former guests now reside, involving 12-15 residents each time
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We initiated:
-
Going Solo sessions for bereaved carers, attended by up to 15 people monthly.
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Walk & Talk sessions for all our guests at local beauty spots.
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Physiotherapist-led, dementia-friendly exercise courses (5 courses x 5 sessions each for 7 couples) funded by the National Lottery/Sport England in 2024-25
We also held a summer picnic at Wollaton Park for 60 people, supported by Beeston Rotary.
We hosted a Christmas party at the Royal British Legion, Beeston, with 100 invitees, supported by voluntary donations.
We also published a Broxtowe Dementia Directory online and distributed 40 paper copies to referring agencies, with support from Broxtowe District Council.
All of the above activities fulfilled our purpose of public benefit.
Additional information
None of our activities could have been accomplished without the commitment and dedication of volunteers who bring relevant skills and experience to the different activities they provide or support.
We changed our name to ‘Dementia Studio’ in February 2025 to make our purpose clearer. We have also taken a decision to recruit a paid Co-ordinator in 2025-26. This is possible thanks to grants awarded by the McClay Trust and the Allen Lane Foundation.
Reserves Policy
Our policy on reserves is to retain four months’ operating costs in unrestricted reserves.
Summary accounts for 2024-5
Full accounts can be downloaded from the Charity Commission website or from www.dementiastudio.org
Financial Review
A positive independent review of the charity’s accounts was given by John Harrison on 12[th] August 2025.
Structure, Governance and Management
The charity is constituted as a CIO. Trustees serve for 3-year terms. They are recruited with a view to the skills of existing trustees and the needs of the charity.
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Unrestricted Income & Expenditure 2024-5 compared to 2023-4
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Unrestricted Income 2024 & 2025
Interest
Sales
Room hire
Gift Aid
Just Giving
Donations
Grants
0 5000 10000 15000 20000 25000
24 25
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Unrestricted Expenditure 2024 & 2025
Depreciation
Sundry expenses
Equipment & phone
Computer
Insurance
Rent and room hire
Studio supplies
Catering
Salaries, fees, oncosts
0 5000 10000 15000 20000 25000
24 25
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Note: Grants are categorised as restricted income. Since grant income varies widely from year to year, it is best to compare income and expenditure on unrestricted funds.
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Reference and Administrative details
| Charity name | Dementia Studio CIO |
|---|---|
| Other name the charity uses | Formerly Imagine Artsdem Broxtowe CIO |
| Registered charity number | 1199448 |
| Charity’s principal address | 19 Cedar Avenue Beeston Nottingham NG9 2HA |
| Trustee name | Date of appointment | End date of service | |
|---|---|---|---|
| 1 | Justine Schneider | 15 June 2024(2ndterm) | 21 June 2027 |
| 2 | Charlotte Atkinson | 1 March 2024 | 28 Feb 2027 |
| 3 | John Berry | 1 August 2023 | 31 July2026 |
| 4 | Deborah Kitson | 14 July2023 | 13 July2027 |
| 5 | Aretha Donkoh | 15 June 2022 | 17 April 2025(resigned) |
| 6 | Paul Goddard | 15 June 2022 | 13 March 2025(resigned) |
| 7 | Primo Sule | 15 June 2022 | 14 June 2025 |
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
JM Schneider | |
|---|---|---|
| Justine Mary Schneider | ||
Chair |
||
| August 26th2025 | ||
| August 26th2025 |
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DEMENTIA STUDIO CIO
Formerly Imagine Artsdem Broxtowe CIO
19 Cedar Avenue
Charity Number 1199448
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2025
Version 6/5/25
Dementia Studio CIO
BALANCE SHEET AT 31[ST] MARCH 2025
| Note Fixed Assets 4 Current Assets Debtors 2 Cash at bank and in hand Total current assets Liabilities Creditors: Amounts falling due within one year 3 Net Current Assets Net Assets The funds of the charity Unrestricted income funds Restricted income funds Total funds |
2024 2887 2250 43670 45920 (11201) 34719 £37606 37017 589 £37606 |
2025 2566 2669 59011 61680 (121) 61559 £64125 51928 12197 £64125 |
|---|---|---|
Approved and agreed for publication by the Management Committee
______
CHAIR
______
DATE
Page 2 of 8
Dementia Studio CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Incoming Resources | Unrestricted | Restricted | Total 2025 | Total 2024 |
|---|---|---|---|---|
| Grants | 12099 | 20360 | 32459 | 19024 |
| Donations | 7186 | -- | 7186 | 7390 |
| Just Giving | 614 | -- | 614 | 1417 |
| Gift Aid | 1508 | -- | 1508 | 513 |
| Room hire | 3050 | -- | 3050 | 2400 |
| Sales | 22031 | -- | 22031 | 17926 |
| Interest | 739 | -- | 739 | 295 |
| Total incoming resources | 47227 | 20360 | 67587 | 48965 |
| Resources expended | ||||
| Salaries, presenters’ fees, NI, & pension | 18290 | 7547 | 25837 | 17792 |
| Catering | 821 | 589 | 1410 | 1215 |
| Studio supplies | 984 | -- | 984 | 570 |
| Professional and legal costs | -- | -- | -- | 851 |
| Rent and room hire | 9071 | 498 | 9569 | 7250 |
| Materials and excursions | -- | -- | -- | 4804 |
| Training | 350 | -- | 350 | -- |
| Utilities | 120 | -- | 120 | -- |
| Insurance | 235 | -- | 235 | 214 |
| Computer software, web design and stationery | 627 | -- | 627 | 337 |
| Equipment repairs less disposals | -48 | -- | -48 | 665 |
| Sundry expenses | 1545 | 118 | 1663 | 1076 |
| Depreciation | 321 | -- | 321 | 321 |
| Total resources expended | 32316 | 8752 | 41068 | 35095 |
| Net incoming resources | 14911 |
11608 | 26519 | 13870 |
| Funds brought forward | 37017 |
589 | 37606 | 23736 |
| Total funds carried forward | 51928 | 12197 | 64125 | 37606 |
Page 3 of 8
DEMENTIA STUDIO CIO
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] MARCH 2025
1. ACCOUNTING POLICIES
Basis of the preparation of the accounts
The accounts have been prepared in accordance with the charity’s constitution, the Charities Act 2011 and “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 (FRS102)” (as amended for accounting periods commencing from lst January 2016).
This is a Public Benefit Entity as defined by FRS102.
Incoming resources
All material incoming resources have been included on a receivable basis – ie they are included if the date receivable falls within the period covered by these accounts
Resources expended
These have been analysed using a natural classification
Page 4 of 8
DEMENTIA STUDIO CIO
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] MARCH 2025
2. Debtors
| 2024 | 2025 | |
|---|---|---|
| Insurance prepaid | 100 | 134 |
| Room hire | 1250 | 875 |
| Rent prepaid | 300 | 300 |
| Day care | 600 | 1360 |
| £2250 | £2669 |
3. Creditors
| Salary Presenters fees Independent examination Room hire Marketing Grants 4. Fixed Assets Brought forward Purchased in period Depreciation @ 10% cost |
2024 2025 360 -- 252 -- -- -- -- 62 -- 59 10589 -- £11201 £121 2024 2025 3208 2887 -- -- (321) (321) £2887 £2566 |
|---|---|
Page 5 of 8
DEMENTIA STUDIO CIO
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] MARCH 2025
5. Movement in Resources
| Incoming | Outgoing | Total 2025 | Total 2024 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted funds | 47227 | (32316) | 14911 | 13281 |
| Restricted funds | 20360 | (8752) | 11608 | 589 |
| 67587 | (41068) | 26519 | 13870 | |
| Total Resources | Unrestricted | Restricted | 2025 | 2024 |
| Current year | 14911 | 11608 | 26519 | 13870 |
| Balances brought forward | 37017 | 589 | 37606 | 23736 |
| Total funds | £51928 | £12197 | £64125 | £37606 |
Page 6 of 8
DEMENTIA STUDIO CIO
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] MARCH 2025
6. Analysis of Net Assets by Fund
| Net current Assets |
Unrestricted £51928 |
Restricted £12197 |
Total 2025 £64125 |
Total 2024 £37606 |
|---|---|---|---|---|
7. Staff Costs and numbers
| Year ended 31 March | Year ended 31 March | |
|---|---|---|
| 2024 | 2025 | |
| £ | £ | |
| Salaries and presenters’ fees | 17010 | 24973 |
| Employer National Insurance | 32 | -- |
| Payroll Administration | 750 | 864 |
| 17792 | 25837 |
No employee received emoluments of more than £60 000 in the year
The average weekly equivalent number of full-time employees during the year was one (2024 - one)
8. Trustees’ remuneration, benefits and expenses
No expenses, remuneration or benefits were paid to Trustees during the year
9. Independent examination and accountancy services
During the period, the cost of an independent examination was £NIL
Page 7 of 8
DEMENTIA STUDIO CIO
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] MARCH 2025
10. Reserves Policy
10.1 The charity aims to build up and retain an amount representing four months of its running costs, to ensure continuity and the ability to meet commitments during periods of uncertainty in funding.
10.2 Of the unrestricted reserves, £9,000 has been earmarked for the costs of employing a co-ordinator.
11. Objects of the charity
The objects of the Dementia Studio charity shall be to adhere to all laws and
regulations with regards to the employment of disabled persons.
The charity currently offers employment and voluntary work to people irrespective of disabilities.
The principal activities of the charity are social work activities related to individuals with dementia and their carers.
The charity is non-political and is an equal opportunities organisation with regards to membership and employment.
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INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF DEMENTIA STUDIO CIO I report on the Financial Statement5 of the Charity for the year ended 31 March 2025 in respect of my eKamination carried out in accordance with the Charities Act5. Responsibilltles and basi5 of report A5 the chèrity's trustees you are responsible for the preparation of the financial statements in accordance the Charitie5 Act 20111"the Act~l. I report in respect of my exatnination of the Trusys accounts carried out undertectSon145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission 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 which gives tne cause to believe that in. 3ny materi31 respect,. a. The accounting records were riot kept l accordance with section 130 of the Charities Act-, or b. The account5 did not accord with the accouriting records,. or c. The accounts did not comply with the applicable requirernents concerning the form and content of accounts Set out in the Charities (Accourits and Reports) Regulations 2008 other than any requirement that the account5 give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have corne acFOSS no other matter5 in connection with the exarnination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. John P Hafrison FCA Chartered Accountant 8 Farnham House LoughborouÈh Road Quom LOughb0ugh LE12 8XH 12 August 2025