Dementia (Nl)
Company Limited by Guarantee
statement of Financial Activities
(including income and expenditur8 account)
Year ended 31 March 2023
2023
Restricted
funds Total funds Total funds
2022
Unrestricted
funds
Income and endowment8
Donations and legacies
Investment income
406,992
121.789
528,781
472,739
200
Total Incom•
406,992
121,789
528,781
472,939
Expendlture
Expenditure on raislng funds..
Costs of raislng donations and
legacies
Expenditure on ch8rltable activities
Total expondlture
63,723
261,314
222
191,118
191,340
63.945
452,432
40.374
347,274
387,648
325,037
516,377
Net Income and net movement In funds
81,955
(69,551)
12,404
85,291
Reconclllation of funds
Total fund8 brought forward
Total funds Garriod forward
363,013
444,968
127,293
490,306
405,015
57,742
502,710
490.306
The statement of financial activities Includes all galns and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pag88 21 to 32 fomi part of these financial Statements.
18

Dementia (Nl)
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
2023
2022
Nots
Fixad assets
Tangible fixed assets
13
22,221
27,184
Current assets
Debtors
Cash at bank and in hand
14
24,546
472,220
496,766
17,025
463,224
480,249
Creditors: amounts falllng duo wlthln one yoar
Net curr•nt assets
16
16,277
17,127
480,489
463.122
Total assets l•ss current Ilabllltle8
502,710
502,710
490,306
Net assets
490,306
Funds of the charity
Restricted funds
Unrestricted funds
57,742
444,968
127,293
363,013
Total charity funds
17
502,710
490,306
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 4
October 2023, and are signed on behalf of the board by..
Ms A Faulkner
Trustee
Ms L Baker
Trustee
The notes on pages 21 to 32 form part of th88e flnancial statements.
19

Dementia (Nl)
Company Limlted by Guarantee
Statement of Cash Flows
Year ended 31 March 2023
2023
2022
Note
Cash flows from operating actlvltles
Net income
12,404
85,291
Adjustments for."
Depreciation of tangible fixed assets
Other interest receivable and similar income
7,463
4,131
(200)
Changes in..
Trade and other debtors
Trade and other creditors
(7,521)
20.001
(2,232)
106,991
Cash generated from operations
12,350
Interest recelved
200
Net cash from operatlng activities
12,350
107,191
Cash flows from Invostlng activitle3
Purchase of tangible assets
Net cash used in investing activities
(2,500>
(2,500)
(23,460)
(23,460)
Net increase in cash and cash equlvalents
Cash and cash equlvalants at beglnnlng of year
Cash and cash equivalents at end of year
9,850
461,511
471,361
83,731
377,780
461,511
15
The notes on pages 21 to 32 form part of these flnancial statements.
20-

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
General Information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland 2nd a registered charity in Northern Ireland. The address of the registered office
is NICVA Building, 61 Duncairn Gardens, Belfast. BT15 2GB.
Statemènt of compliance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting pollclas
Bas13 of preparatlon
The financial statements have been prepared on the historical cost basis, as modrfied by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key 8ource8 of •stlmation Un￿rtaintY
The preparatlon of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements ar8
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstsnces.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on Ihelr expenditure declared by the donor or through
the terms of an appeal, and fall into one of two sub-dasses: restricted income funds or endowment
funds.
21

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Accounting policios (contlnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there Is evidence of entitlement to the
gift, recelpt is probable and Its amount can be measured reliably.
legacy income is recognised when receipt is probable and entltlement is establlshed.
income from donated goods is measured at the fair value of the goods unless this is
impractlcal to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when re￿iVed if the value can be reliably measured. No amounts are included for the
contributlon of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent. In which case
It may be regarded as restricted.
Rosource8 expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
activities to which it relates..
expenditure on ralsing funds Includes the costs of all fundraising activities. events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activltles Includes all costs Incurred by a charty in undertaklng
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the govemance of the charlty apportioned to charitable
activities.
otherexpendlture includès all expenditure that is neither related to ralsing fundsfor the charity
nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost. and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
All fixed assets are initially recorded at cost.
22

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuod)
Year ended 31 March 2023
Accounting policies {contlnu•d)
Depraciatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value.
over the useful economic life of that asset as follows-
Office Equipment
20°/o Straight line
Impairment of flxed asse18
A review for indicators of impairment Is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
posslble reversal at each reporting date.
For the purposes of impairment testing, when It Is not possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inllows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combinatlon is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are Initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where it
is cognised at the present value of the future payments discounted at a market rate of interest for
a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other conslderation
expecled to be paid or received and not discounted.
Debt Instruments are subsequently measured at amortised cost.
Deflned contributlon plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent that
the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in the
period in which it arises.
23

Dementia (Nl)
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnuod)
Year ended 31 March 2023
Limited by guarantee
The company is limited by guarantee. the members being required to pay not more than £1 in the
event of a winding up.
Donations and legacle8
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Donations
In Memory Donations
Gift aid
179.243
192.966
13,213
179,243
192,966
13,213
Legacle8
Legacies
Glfts
Gifts
2,500
2.500
Grants
UK Deep Innovations
The National Lottery Community Fund
Dementia Short breaks
Mental Health Fund
LFT Charitable Trust
116,789
116,789
19,070
19,070
5,000
5,000
528,781
406.992
121,789
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Donations
In Memory Donations
Gift aid
135.811
131.415
4,512
135,811
131,415
4,512
Legacies
Legacies
19,709
19,709
Gffts
Grants
UK Deep Innovations
The National Lottery Community Fund
Dementia Short breaks
Mental Health Fund
LFT Charitable Trust
584
115,264
115,264
15.674
49.770
15,674
49,770
307,705
165,034
472.739
24

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest receivable
200
200
Costs of raising donatlons and legacle8
Unrestrlcted
Funds
Restricted Totsl Funds
Funds
2023
Fundraising
63,723
222
63,945
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Fundraising
40,374
40,374
Expendlturo on charltable act5vltles by fund typ6
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Charitable Activities
Support costs
253.474
7.840
191,118
444,592
7,840
261,314
191,118
452,432
Unrestricted
Funds
Restricted Totsl Funds
Funds
2022
Charitable Activities
Support costs
230.233
8.252
108,789
339,022
8,252
238,485
108,789
347,274
Net Income
Net income is stated after ChargIn￿(crediting).
2023
2022
Depreciation of tangible fixed assets
Fees payable for the audit of the financial statements
7,463
3,000
4.131
25

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
10. Independant examlnation fees
2023
2022
Fees payable to the independent examiner for:
Independent examination of the financial statements
2,400
11. Staff costs
The total staff costs and employee benefits for the reportlng period are analysed as follows:
2023
2022
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefits
297.499
21,299
19,416
1,619
214.472
14,781
8,627
629
339,833
238,509
Redundancy Payment8
Total payments made during the year in relation to redundancy pay were £Nil (2022: £6,792). The
accounting policy is to recognise termination payment liability on communication of intention to pay
and when quantifiable. Such payments are accounted for as staff costs.
The average head count of employees during the year was 12 (2022.. 8). The average number of
full-time equivalent employees during the ye8r is analysed as follows.
2023
2022
No.
Number of staff - Operatlonal
12
No employee received employee benefits of more than £60,000 during the year {2022: Nil).
Key Management Personnel
Key management personnel Include all persons as part of the senior management team and have
responsibility for plannlng, directing and controlling the actlvlties of the charity. The total
compensation paid to key management personnel for services provided to the charity was
£120,926 {2022', £80,092).
12. Trustee rgmun•ratlon and expgnses
No members of the Board of Trustee recerved any remuneration during the year. No trustee or
other person related to the Charity has any personal interest in any contract or transaction entered
into by the Charity during the year (2022 - Nil)
During the year reimbursements for expenses totalling £806 (2022 - £Nil) was made to 2 (2022 -
O) Trustees.
26-

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financlal Statements (Gontinued)
Year 8nded 31 March 2023
13. Tangible fixed assets
Equipment
Total
Cost
At 1 April 2022
Additions
40,285
2,500
40.285
2,500
42,785
At 31 March 2023
42,785
Deprèclatlon
At 1 April 2022
Charge for the year
At 31 March 2023
13,101
7,463
13,101
7,463
20,564
20.564
Carrylng amount
At 31 March 2023
22,221
22.221
At 31 March 2022
27,184
27,184
14. Debtors
2023
2022
Prepayments and accrued income
Other debtors
7,712
16,834
24,546
2,348
14,677
17,025
15. Cash and cash equivalents
Cash and cash equivalents comprlse the following..
2023
2022
Cash at bank and In hand
Bank overdrafts
472,220
(859>
471,361
463,224
(1,713)
461,511
16. Creditors: amounts falllng due withln one year
2023
2022
Bank loan5 and overdrafts
Trade creditors
Accruals and deferred income
Social security and other taxes
859
12,386
3,032
1,713
10,024
4,628
762
16,277
17,127
27

Dementia (Nl)
Company Llmited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
17. Analysis of charitable funds
Unrèstrlcted funds
At
31 March
2023
At
1 April 2022
Income Expenditure
General funds
People & Communities Programme
315,262
47,751
406,992
(325,037)
397.217
47,751
363,013
406,992
(325,037)
444.968
At
31 March
2022
At
1 April 2021
Income Expendlture
General funds
People & Communltles Programme
286,396
47,571
307,905
{278.859)
315,442
47,571
333,967
307,905
(278,859)
363,013
People and Cornmunltl•s Programme
As part of the Dementia Empower & Support Project created to engage with people living with
dementia. early stage post-diagnosis. Unrestricted funds have been designated in delivery of our
People and Communities Programme.
28

Dementia (Nl)
Company Limited by Guarantee
Notes to th8 Financial Statements (continued)
Year ended 31 March 2023
17. Analysls of charitabla funds (coneinu•d)
Restricted funds
At
31 March
2023
At
1 April 2022
Income Expenditure
UK DEEP Innovations in Dementia
Arts Council of Northern Ireland -
Lottery funding
John Moore's Foundation
The National Lottery Community Fund
Mental Health Fund
LFT Charitable Trust
770
770
1,992
4.023
72.718
47,790
(1,521)
(3.315)
(157.940)
(28,564)
471
708
31.567
19,226
5,000
57,742
116.789
5.000
127,293
121,789
{191,340)
At
31 March
2022
At
1 April 2021
Income Expenditure
UK DEEP Innovations in Dementia
Arts Council of Northern Ireland -
Lottery funding
John Moore's Foundatlon
The National Lottery Communty Fund
Mental Health Fund
LFT Charitab18 Trust
770
770
1.992
4,023
64.263
1,992
4,023
72,718
47.790
115,264
49.770
(106,809)
{1,980)
71,048
165,034
(108,789)
127,293
29-

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2023
17. Analysis of charltable funds (continued)
UK DEEP Innovations in Dementia
DEEP (Dementia Engagement and Empowerment Project) is working to create a UK wide network
of users involvement groups of people with dementia. This fund is to be used in the enhancement
of influencing Activities.
Arts Council of Northern Ireland - Lottery funding
Public funding to tackle loneliness in people with dementia In Northern Ireland. This pioneering
initiative aims to promote positive mental health and wellbeing among elderly people.
Hallfax Foundation Trust
The grant received is to support the creation of an online presence for Dementia (Nl).
Tho National Lottery Communlty Fund
The 4 year project will engage with 180-200 people living with dementia, early state post-diagnosls.
Participants will benefit from Ihe mutual support of others living with dementia to help come to
terms with the diagnose, manage the challenges they face, reconnect with their communities, use
and build on their own strengths. rebuild confidence, engage in proactive , meaning empowerment
activities, and avail of leadership opportunities.
John Moores Foundatlon
The grant has been received to support volunteer training, expenses and celebration, IT, Outreach
sessions.
Mental Health Fund Project
Dementia Diagnosis - a tailored approach to promoting positive mental health and living well with
dementia.
Provide tailor8d support for people dealing with the mental health impact of a dementia
diagnosis
Develop our In the Same Boat servlce to create a pathway for peer support for people livlng
with a dementia diagnosis
Build mental health resilience in more individuals followlng a dementia diagnosis
LFT Charltable Trust
Dementia should not stop a conversation. it should start one. Grant to fund development of video
and photography content and resources for Dementia Nl, aimed at both people living wlth dementia
and the general public throughout Northern Ireland.
30-

Dementia (Nl)
Company Llmitsd by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
18. Analy818 of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net a88•t8
22,221
436,816
(14.069)
444,968
22,221
496,766
(16,277)
502.710
59,950
(2,208)
57,742
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Not assets
27.184
351,311
(15,482)
363,013
27,184
480.249
(17.127)
490.306
128,938
(1 ,645)
127,293
19. Financlal instruments
The carrying amount for each category of financial instrument is as follows:
2023
2022
Flnancial assets mea8ur•d at falr value through Income and expendlturo
Financial assets measured at fair value through income and
expenditure
16,834
14,677
Flnanclal Ilabllltles measured at falr value through Income and axpendlture
Financial liabilities measured at fair value through income and
expenditure
16,277
16.365
20. Analysls of changes in net debt
At
At 1 Apr 2022 Cash flows 31 Mar 2023
Cash at bank and in hand
Bank overdrafts
463,224
(1,713)
461,511
8,996
854
472.220
{859)
471,361
9,850
21. P•nslon commitments
Defined contrlbutlon plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £19,416 (2022 £8,627). At the year end an amount of £Nil (2022- £1.928) was
outstanding.
31

Dementia (Nl)
Company Limited by Guarantee
Notes to the Financlal Statements (contlnued)
Year ended 31 March 2023
22. Ethical Standards
In common with many other businesses of our size and nature, we use our auditors to assist with
the preparation of the financial statements.
32