Together In Dementia Everyday - Charities report - 22.2
Together In Dementia Everyday - Charities report - 22.2
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 March 2023 |
| for |
| Together In Dementia Everyday |
| Together In Dementia Everyday |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2023 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 | to | 9 |
| Together In Dementia Everyday (Registered number: 11871144) |
| Report of the Trustees |
| for the Year Ended 31 March 2023 |
| Here at tide, we empower unpaid carers of people with dementia, helping them recognise that they are experts by experience. We believe that by working closely with carers, we can help them understand that, as experts, their voice matters, and can be used to bring about real change |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| Together In Dementia Everyday is for the public benefit, to relieve the needs of people with a diagnosis of dementia by: |
| 1. Working to strengthen the quality of care and support for such people including by |
| engaging lived experiences. |
| 2. Raising awareness with the general public of dementia and the care needs of |
| people with a diagnosis of dementia. |
| 3. Contributing to the evidence base on the value of using people's lived experiences |
| to inform commissioning, policy, research and the provision of meaningful care and |
| support for people in need and their carers. |
| 4. Assisting those providing care for such people by: |
| a)Support to enable carers to have the opportunity to live fulfilling and active |
| lives by remaining connected to the communities where they work and live |
| b) Building their knowledge, skills and confidence |
| c) Building networks of carers. |
| FINANCIAL REVIEW |
| During the year the charity raised £159,180 (2022 - £283,680) and spent on £335,042 (2022 - £91,510) on various activities and running costs. The remaining funds of £34,623 (2022 - £209,656) are £26,623 (2021 - £141,321) contained within a general fund to be used against future projects and £8,000 (2022 - £68,335) in a restricted fund used for specific wages and carer costs. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Company Secretary |
| Independent Examiner |
| Douglas Fairless Partnership |
| Seymour Chambers |
| 92 London Road |
| Liverpool |
| Merseyside |
| L3 5NW |
| Approved by order of the board of trustees on |
| Together In Dementia Everyday (Registered number: 11871144) |
| Report of the Trustees |
| for the Year Ended 31 March 2023 |
| Independent Examiner's Report to the Trustees of |
| Together In Dementia Everyday |
| Independent examiner's report to the trustees of Together In Dementia Everyday ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023. |
| Responsibilities and basis of report |
| As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
| Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
| Independent examiner's statement |
| I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
| 1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
| 2. | the accounts do not accord with those records; or |
| 3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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 |
| 4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic 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 understanding of the accounts to be reached. |
| Mr Gregory Newton FCCA |
| Douglas Fairless Partnership |
| Seymour Chambers |
| 92 London Road |
| Liverpool |
| Merseyside |
| L3 5NW |
| Date: ............................................. |
| Together In Dementia Everyday |
| Statement of Financial Activities |
| for the Year Ended 31 March 2023 |
| 31.3.23 | 31.3.22 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Investment income | 2 |
| Total |
| EXPENDITURE ON |
| Raising funds |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 209,656 |
| Together In Dementia Everyday (Registered number: 11871144) |
| Balance Sheet |
| 31 March 2023 |
| 31.3.23 | 31.3.22 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 8 |
| Unrestricted funds | 141,321 |
| Restricted funds | 68,335 |
| TOTAL FUNDS | 209,656 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. |
| The trustees acknowledge their responsibilities for |
| (a) | ensuring that the charitable company keeps accounting records that 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. |
| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
| The financial statements were approved by the Board of Trustees and authorised for issue on |
| Together In Dementia Everyday |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2023 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Income |
| All 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 received and the amount can be measured reliably. |
| Expenditure |
| Liabilities are recognised 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 benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings 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 resources. |
| Taxation |
| The charity is exempt from corporation tax on its 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 particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted 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 Statement of Financial Activities on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
| 2. | INVESTMENT INCOME |
| 31.3.23 | 31.3.22 |
| £ | £ |
| Deposit account interest |
| 3. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.3.23 | 31.3.22 |
| £ | £ |
| Hire of plant and machinery | 6,747 | - |
| Together In Dementia Everyday |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2023 |
| 4. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. |
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| fund | fund | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Investment income |
| Total |
| EXPENDITURE ON |
| Raising funds |
| Other |
| Total |
| NET INCOME |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 9,469 | 7,845 |
| TOTAL FUNDS CARRIED FORWARD | 141,321 | 68,335 | 209,656 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.23 | 31.3.22 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| Together In Dementia Everyday |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2023 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.23 | 31.3.22 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Other creditors |
| Accrued expenses |
| 8. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.4.22 | in funds | 31.3.23 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 141,321 | (114,698 | ) | 26,623 |
| Restricted funds |
| Restricted Funds | 68,335 | (60,335 | ) | 8,000 |
| TOTAL FUNDS | (175,033 | ) | 34,623 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 80,309 | (195,007 | ) | (114,698 | ) |
| Restricted funds |
| Restricted Funds | 79,700 | (140,035 | ) | (60,335 | ) |
| TOTAL FUNDS | ( |
) | (175,033 | ) |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.4.21 | in funds | 31.3.22 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 9,469 | 131,852 | 141,321 |
| Restricted funds |
| Restricted Funds | 7,845 | 60,490 | 68,335 |
| TOTAL FUNDS | 17,314 | 192,342 | 209,656 |
| Together In Dementia Everyday |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2023 |
| 8. | MOVEMENT IN FUNDS - continued |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 138,683 | (6,831 | ) | 131,852 |
| Restricted funds |
| Restricted Funds | 145,169 | (84,679 | ) | 60,490 |
| TOTAL FUNDS | 283,852 | (91,510 | ) | 192,342 |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.4.21 | in funds | 31.3.23 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 9,469 | 17,154 | 26,623 |
| Restricted funds |
| Restricted Funds | 7,845 | 155 | 8,000 |
| TOTAL FUNDS | 17,314 | 17,309 | 34,623 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 218,992 | (201,838 | ) | 17,154 |
| Restricted funds |
| Restricted Funds | 224,869 | (224,714 | ) | 155 |
| TOTAL FUNDS | 443,861 | (426,552 | ) | 17,309 |
| 9. | RELATED PARTY DISCLOSURES |