THIS IS DEMENTIA CIC

Company limited by guarantee

Company Registration Number:
12358025 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

THIS IS DEMENTIA CIC

Contents of the Financial Statements

for the Period Ended 31 December 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THIS IS DEMENTIA CIC

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 2,043 4,227
Cost of sales: ( 5,344 )
Gross profit(or loss): 2,043 (1,117)
Administrative expenses: ( 1,937 ) ( 2,553 )
Operating profit(or loss): 106 (3,670)
Profit(or loss) before tax: 106 (3,670)
Profit(or loss) for the financial year: 106 (3,670)

THIS IS DEMENTIA CIC

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 259 386
Total fixed assets: 259 386
Current assets
Cash at bank and in hand: 1,700 2,347
Total current assets: 1,700 2,347
Creditors: amounts falling due within one year: 4 ( 3,511 ) ( 4,416 )
Net current assets (liabilities): (1,811) (2,069)
Total assets less current liabilities: (1,552) ( 1,683)
Accruals and deferred income: ( 438 ) ( 413 )
Total net assets (liabilities): (1,990) (2,096)
Members' funds
Profit and loss account: (1,990) ( 2,096)
Total members' funds: ( 1,990) (2,096)

The notes form part of these financial statements

THIS IS DEMENTIA CIC

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 September 2023
and signed on behalf of the board by:

Name: R L Sumnall
Status: Director

The notes form part of these financial statements

THIS IS DEMENTIA CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THIS IS DEMENTIA CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

THIS IS DEMENTIA CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 860 860
Additions
Disposals
Revaluations
Transfers
At 31 December 2022 860 860
Depreciation
At 1 January 2022 474 474
Charge for year 127 127
On disposals
Other adjustments
At 31 December 2022 601 601
Net book value
At 31 December 2022 259 259
At 31 December 2021 386 386

THIS IS DEMENTIA CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 1,000
Other creditors 2,511 4,416
Total 3,511 4,416

COMMUNITY INTEREST ANNUAL REPORT

THIS IS DEMENTIA CIC

Company Number: 12358025 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

This is Dementia CIC is a social enterprise raising awareness of dementia throughsustainable product sales and providing informative content. The premise of This is DementiaCIC is to promote education, inclusion initiatives and a sense of awareness through its sale ofethically sourced and sustainable t-shirts and home lifestyle products, as well as through itssocial media presence and director profile. This is Dementia has launched this year a monthlynewsletter interviewing professionals within the dementia environment as well as peoplepersonally affected by dementia. The two components This is Dementia measure to provide aview of the company activities impact are its net proceeds to its partners, and the awarenessraised through wider activities.Raising awareness measured through:- Social media influence and growth - 3,037 followers at time of report- Messages and support channels- Customers and fans that have experienced or have been impacted by a lovedone with Dementia, Elizabeth is continuing to be available to console andprovide support.- Website creation and store front- Operational since April 20th 2020.- Products designed, developed and sold to customers- 6 different t-shirt designs, ranging across 6 different sizes- 2 drinking mug designs- 2 tote bag designs- 1 card design- Some variations of the above are sold out- Press- Elizabeth has been interviewed for articles in various pieces of press such asthe South China Morning Post and Sustainably Infuenced.- Newsletter and contact list development- 10% average open rate- Approximately 319 readers per send- Waste prevention- T-shirt sales- Over 400kg of fabric prevented from going to landfill and repurposed throught-shirt sales from launch- Home lifestyle products- Over 50 mugs saved from going to landfill and repurposed through sales fromlaunch- Partnerships created and supported- This is Dementia CIC has curated one partnership with associated contract,Dementia UK. This has been capped at one as This is Dementia CIC wants toensure all of its net proceeds go towards supporting Dementia UK’s AdmiralNurses. Elizabeth also offers additional guidance and support to Dementia UKthrough advisory panel participation and consulting on various initiatives fromthe charityDonation amount within operation year 3:- c.£1,000 in net proceeds have gone to Dementia UK, to support their admiral nursesfrom Jan 2023 to date.

Consultation with stakeholders

This is Dementia CIC’s stakeholders range between Partners, Customers and Suppliers.Within each of these stakeholders groups, This is Dementia CIC has requested ongoingconsultation in order to streamline and improve operations to the function of the business.Detailed below is stakeholder group specifics, across the consultation types and follow-upactions.Partners (those who receive proceeds from This is Dementia CIC) - Dementia UKThis is Dementia’s partnership with Dementia UK is very strong. This is Dementia continues todonate all net proceeds to the charity, as well as consult on various initiatives the charity areworking on in partnership with us such as the Sun Still Shines pin badge which has been verysuccessful. Elizabeth has also agreed to be an advisor on their lived experience panel whichwill commence September 2023.Customers (those who purchase products from the store) - Shopify Store customersWe continue to engage our customers through our social media channels, newsletters andwebsite. We run promotions which help attract customers to the site and feel connected to thebrand. We are providing detailed and digestible information regarding dementia and building astrong network of customers.Suppliers (those who support with general logistics, product development and productdelivery) - no such consultation action was required or given to suppliers.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
19 September 2023

And signed on behalf of the board by:
Name: R L Sumnall
Status: Director