IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106259002023-03-31106259002024-03-31106259002023-04-012024-03-31106259002022-03-31106259002022-04-012023-03-31106259002023-03-3110625900ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3110625900ns15:PoundSterling2023-04-012024-03-3110625900ns11:FRS1022023-04-012024-03-3110625900ns11:IndependentExaminationCharity2023-04-012024-03-3110625900ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110625900ns11:FullAccounts2023-04-012024-03-3110625900ns11:CharitiesSORP2023-04-012024-03-3110625900ns16:EnglandWales2023-04-012024-03-3110625900ns11:RegisteredOffice2023-04-012024-03-3110625900ns0:Trustee12023-04-012024-03-3110625900ns0:Trustee22023-04-012024-03-3110625900ns0:Trustee32023-04-012024-03-3110625900ns0:Trustee42023-04-012024-03-3110625900ns0:TotalUnrestrictedFunds2023-04-012024-03-3110625900ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3110625900ns0:Activity82023-04-012024-03-3110625900ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-3110625900ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3110625900ns0:Activity82022-04-012023-03-3110625900ns0:TotalUnrestrictedFunds2023-03-3110625900ns0:TotalRestrictedIncomeFunds2023-03-3110625900ns0:TotalUnrestrictedFunds2024-03-3110625900ns0:TotalRestrictedIncomeFunds2024-03-3110625900ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-3110625900ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-3110625900ns10:WithinOneYear2024-03-3110625900ns10:WithinOneYear2023-03-3110625900ns10:FurnitureFittingsToolsEquipment2023-04-012024-03-311062590022023-04-012024-03-311062590012023-04-012024-03-311062590012022-04-012023-03-3110625900ns10:OwnedAssets2023-04-012024-03-3110625900ns10:OwnedAssets2022-04-012023-03-3110625900ns0:TotalUnrestrictedFunds2022-04-012023-03-3110625900ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3110625900ns0:TotalUnrestrictedFundsns0:Activity82022-04-012023-03-3110625900ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3110625900ns10:FurnitureFittings2023-03-3110625900ns10:FurnitureFittings2023-04-012024-03-3110625900ns10:FurnitureFittings2024-03-3110625900ns10:FurnitureFittings2023-03-31
REGISTERED COMPANY NUMBER: 10625900 (England and Wales)
REGISTERED CHARITY NUMBER: 1189109














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

BEACON DEMENTIA AND WELLBEING

BEACON DEMENTIA AND WELLBEING

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Report of the Trustees 1 to 8

Independent Examiner's Report 9

Statement of Financial Activities 10

Balance Sheet 11 to 12

Notes to the Financial Statements 13 to 18

BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives
Our aim is to support and empower people living with dementia, their carers and those who may feel lonely or isolated, enabling them to enrich their lives and enhance their wellbeing.

We do this through offering opportunities to connect with others and take part in activities, whilst creating a culture where everyone can contribute and is included.

We provide a service that wraps around the whole family, providing support and information when they need it.

We do this through:

• providing a welcoming and friendly environment where people can come to meet friends, make new friends, share skills, learn skills, have fun and have a meaningful purpose in supporting their local community;
• connecting younger and older people;
• reducing social isolation and loneliness;
• providing a sense of support and of belonging to community life for participants;
• supporting families affected by dementia with information and time for them to be themselves;
• providing opportunities for volunteering.

Additionally, we work to increase awareness of dementia and contribute to making Rossendale more dementia friendly.


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


OBJECTIVES AND ACTIVITIES
Review of activities
The Beacon Shed
We started the year making finishing touches to our long-awaited dementia-friendly community shed, ready for its opening in May 2023. Thanks to a kind donation from Mr John Malley and Mrs Yvonne Malley in the previous financial year, we were able to engage a contractor to run the Shed for two days a week, alongside volunteers. The 'Head Sheddie' project will enable this staffing for the first two years operation of the Beacon Shed, and our Head Sheddie joined us in April 2023 to assist in finishing the fit-out and planning activities for the Beacon Shed.

The opening day of the Beacon Shed was a joyful celebration, with the Mayor of Rossendale in attendance, together with our local community radio station Rossendale Radio; representatives from our hosts at The Whitaker; Rossendale Leisure Trust; Rossendale Borough Council; Rossendale NHS Social Prescribing Team; and representatives from the many charity and community partners we work with. Central to our celebrations was the ribbon cutting by one of our beneficiaries and a Carer, who officially opened this unique facility.

The Beacon Shed is the first dementia-friendly community shed in the UK, which enables people living with dementia to work alongside people without these challenges, pursuing their interests in a safe and welcoming environment. We work with participants to find out what they enjoy and help them to maintain a connection to things they love. Throughout the year, participants have been able to experience activities which mean something to them, without feeling judged or excluded, and to feel supported and valued. They have worked alongside our volunteers to create a wide range of items. Activities have included woodwork, painting, gardening, making and restoring items; music and singing; and a wide variety of craft projects. We have received lots of feedback from participants, including 'It's a lovely place to come, the people are so nice and make me feel really welcome'; 'Dad is loving the Shed and always says he's been laughing and smiling whilst he's there'; 'The Beacon Shed is the only worthwhile thing to happen to me since I've been on this memory loss journey'; 'Thank you - you've made such a difference to our and many other peoples' lives'.

Carers have also been supported at the Beacon Shed and have told us that the time they spend whilst their loved one is attending the Shed has enabled them to create friendships and socialise with other Carers, leaving them feeling less isolated. Feedback has included 'Those two hours when my husband is at the Shed are so precious to me, and he really enjoys his time there'.

We also hosted visits from the local MP, NHS organisations and another local group hosting day care sessions for people living with dementia. Feedback included 'A truly wonderful place, a credit to Rossendale' and 'You have the courage to do things here that other groups don't - this should happen more often!'

We have continued to work with our participants throughout the year to ensure they play a key part in directing the content of activities at the Beacon Shed and have adapted activities to enable participation.


Carers' Group
Our Dementia Carers' Group continued to run twice monthly, with both face-to-face meetings and virtual online meetings. This peer support group brings family Carers of people living with dementia together to meet others in a similar situation and enables them to access information and support each other.

The programme of speakers this year covered topics including financial considerations; coping strategies to avoid stress; navigating the benefits system; supporting our own wellbeing; and making decisions. Carers also came up with helpful tips, which have been shared through our newsletter.

The face-to-face meetings were held at the same time as the Beacon Activity group, enabling Carers to take some time out to create connections with others in a similar situation, whilst their loved ones were able to participate in social time and activities with others.






BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


OBJECTIVES AND ACTIVITIES
Carer Support
This year we secured funding from The NHS Lancashire and South Cumbria Integrated Care Board to help support our Dementia Carers' Group and to provide wellbeing boxes to Carers, with the aim of boosting their self-esteem and wellbeing and providing some small treats. We received nominations from all over Rossendale and distributed twenty wellbeing boxes to Carers, which were very much appreciated.

We received funding from the Community Foundation for Lancashire Red Rose Responding Fund which has enabled us to start to run some wellbeing sessions specifically for Carers. These will continue during the next financial year.

Dementia-Friendly Activity Group
We continued to run our monthly dementia-friendly activity group at The Whitaker throughout the year. The group provides a safe space for people living with dementia to take part in a range of activities and they can attend with a Carer or independently.

Activities this year have included celebrating the coronation of our new King; games; crafting; decorating Easter biscuits; a beetle drive and afternoon tea; painting; music and singing; watching a play; and gentle exercise to music. Activities have provided our beneficiaries with meaningful activity and opportunities to build new social connections.

Funding from the NHS Lancashire and South Cumbria Integrated Care Board enabled us to pilot a new dementia-friendly activity group in a different part of Rossendale to improve access for more beneficiaries. These sessions were well received, particularly as people living with dementia and their Carers were able to attend together. We provided a range of activities, which the beneficiaries helped to choose, including making wind chimes, pomanders and hedgehogs; planting seeds; decorating plant pots and watching a play. Feedback from beneficiaries included 'Thank you, it's been lovely to get out of the house and do something different and meet and talk to new people'.

We were fortunate to be invited to Northwood Farm in Higham by Sandra from the Forest of Bowland, for our first Beacon trip. Our beneficiaries and volunteers were treated to a wonderful afternoon filled with sensory activities, such as stroking sheep and donkeys and crafting with raw sheep's wool. We saw calves and tried the milking simulator and the lambing simulator. We had a wonderful time, and the visit really benefitted everyone's wellbeing. It was an afternoon filled with fun, laughter, fresh air, tea, cake, and great company, which helped to create some wonderful memories.


Wellbeing Group
Our regular wellbeing group 'Knits at Fitz' continued to run throughout the year. This weekly social group brings people together to knit and crochet in a friendly group, which positively benefits their mental health and wellbeing. The group have undertaken several projects within the year, including yarn bombing in a local park to celebrate the King's coronation and working with Rossendale Civic Pride to design and produce crocheted flower panels for their entry into Britain in Bloom.

The group also knitted teddy bears for foster children and continued to support knitted hats for newborns - knitted hats were made and sent to the Royal Oldham Hospital for use by families with premature newborns.

A second wellbeing crafting group was formed in year and this has met at the Beacon Shed, a coffee shop and in the community room at a local supermarket. The beneficiaries come together socially to craft and enjoy each other's company, with the impact being increased social connections and a greater feeling of wellbeing.

Beacon at Home
The family Carers we support told us that they struggle to get time to themselves and would like more support at home that was not 'care'. Thanks to funding from the NHS Lancashire and South Cumbria Integrated Care Board, we began to pilot a home-based service - Beacon at Home. This service aims to build a trusting relationship through providing a series of one-to-one sessions, delivered in the participant's home. These sessions are structured and tailored to each individual's interests and over time, aim to build rapport and increase wellbeing. Activities are tailored to each individual's preferences and needs. The service began in the final quarter of the year and will be evaluated early into the new financial year.


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


OBJECTIVES AND ACTIVITIES

Rossendale Dementia Information Event
Following the success of the first Rossendale Dementia Information Event in 2022 and assisted by a grant from the Rossendale Community Partnerships, we ran a second event in September 2023. Our beneficiaries repeatedly told us that when families suspect a loved one is living with dementia, or are newly diagnosed, they often find it difficult to easily obtain information and find out about statutory and community services to help them.

The event was designed to be a 'One Stop Shop' where people living with dementia and their Carers and families could access the information they needed in one place. We invited a range of statutory services, community groups and service providers to have information stalls at the event, and this enabled families to come to one place to obtain the information they needed.

Local businesses generously contributed prizes for a free raffle for visitors to the event. We also arranged wellbeing activities, such as hand massage, a Tai Chi taster session, crafting and singing so that families could attend together and take part in these activities together.

Feedback from visitors was positive, with several commenting that they had found out about new activities, or were now in touch with organisations who could help them.

Volunteering
We have increased our number of volunteers during the year and have partnered with The Whitaker to access their volunteer registration and rewards system. As a volunteer-lead charity, our volunteers are key to the successful development and sustainability of our charity. We are extremely grateful to all our volunteers for their consistent work for our beneficiaries.

Fundraising and Grants
Our main aim for grant funding and fundraising this year was to support the work at the Beacon Shed, maintain our existing services, and enhance these in line with the wishes of our beneficiaries.

Some of the grants received have been mentioned above, but we were also fortunate to receive funding from The Duchy of Lancaster to create a patio area at the side of the Beacon Shed, garden furniture and plants, seeds, and compost for gardening activities. Our wellbeing groups also received a donation to support materials for their yarnbombing to celebrate the King's coronation.

We were delighted to have been chosen as one of the Mayor of Rossendale's nominated charities for the 2023-24 Mayoral year and have taken part in several of the Mayor's fundraising events to support all the nominated charities.

A donation to support two further contractors for two years to help in the running of existing services and the development of services to support dementia Carers was received from Mr John and Mrs Yvonne Malley. The 'Malley Community Project' has enabled work to start within year and will progress throughout the next financial year.

Following a theft from our storage shed, we received several kind donations of gardening tools and money from supporters, local community groups and a local church. These were very gratefully received and enabled us to replace everything that was stolen.

Our Head Sheddie, Mr Phil Speddy, undertook a walking challenge around the front of The Whitaker Museum and Art Gallery to raise funds for an air conditioning unit for the Shed. Another supporter, Mr Elliott Crookes undertook a walk from his home in Cumbria to the Shed to raise funds for our charity. This involved wild camping, blisters, and a nasty horsefly bite, but his challenge was completed successfully. We very much appreciated these fundraising challenges and the funds they raised.

Mrs Jane Roberts collected for Beacon at her neighbourhood's Coronation Street Party, and our Trustee Mrs Janet O'Driscoll collected donations for Beacon in lieu of birthday presents. She also crocheted a beautiful blanket for us to raffle.


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


OBJECTIVES AND ACTIVITIES
We sadly lost two of our longstanding beneficiaries in year - Mr John Malley and Mr Wayne Cooper. Their families and friends donated to Beacon in memory of their loved ones. Our gratitude is extended to both families for their kind donations.

We have been fortunate to work with the Community Champions from both ASDA and Tesco stores in Rossendale. We are grateful for their donations of food and drink to support our Beacon Shed participants, raffle prizes, use of their community rooms and the opportunity to fundraise in store.

We received a range of other donations from local businesses, beneficiaries, and online platforms, all of which have helped us to raise funds to run our activities and to contribute to running the Beacon Shed. We and our beneficiaries are incredibly grateful for these.

Connections
We are firmly rooted within the Rossendale community and have continued to work with the Rossendale Connected movement, attending the monthly meetings to maintain the connections we have with statutory services and other groups in the VCFS sector.

We have strengthened connections with Rossendale Civic Pride, restoring planters for them and contributing to their entry into Britain in Bloom.

We have continued to work with The Whitaker Museum and Art Gallery, contributing to a new model of working with community space in an Arts venue. We have built and installed planters at the front of the museum to protect their forecourt and look forward to continuing this productive working relationship.

Our Rossendale Dementia Information Event enabled us to continue to build positive relationships with statutory services and VCFS organisations across East Lancashire to help to develop and co-ordinate services for dementia.

Public benefit
The trustees are confident that the charity offers services of real and practical use to the local population and therefore complies with the responsibility placed on all charities under the Charities Act 2011, to demonstrate a public benefit.


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


OBJECTIVES AND ACTIVITIES
Plans for the future
As we approach our first full year of running the Beacon Shed, we have no doubt of the positive impact of this innovative model of care to our beneficiaries and plan to continue to develop activities here, based on feedback from those who use our services, and to share good practice.

We plan to change the model for our dementia-friendly activity groups to increase accessibility for beneficiaries living with dementia in other parts of Rossendale.

We know from our engagement that Carers in particular struggle to find wellbeing activities to attend with the person they care for and that their wellbeing is often adversely affected by the demands of their caring responsibilities. We will continue to run our Dementia Carers Group online and increase the opportunities we provide for Carers to take time out for their own wellbeing, through dedicated activities.

We will develop our Beacon at Home Service to enable more beneficiaries to access the service, take part in home-based meaningful activity and to provide respite for their family Carers.

Our two weekly wellbeing groups will be maintained and will continue to take part in a range of projects which benefit others or contribute to community cohesion in Rossendale and enable social connection.

Families of people living with dementia have told us that they struggle to access information easily and in one place. We will deliver the fourth Rossendale Dementia Information Event, in response to the needs of our beneficiaries, and aim to reach additional people and families who are encountering the challenges dementia brings, through utilising a 'pop up' model.

We plan to continue to contribute actively to the Rossendale Connected movement and will also work with VCFS groups and statutory services to increase collaboration between those providing dementia services.

Our volunteers are at the heart of our organisation, and we will aim to recruit more volunteers to help deliver our services and support our beneficiaries. We will continue to enhance the support and training they receive to ensure they are equipped for and valued in their role.


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


OBJECTIVES AND ACTIVITIES
Acknowledgements
Beacon Dementia and Wellbeing is grateful for the support received from:

Volunteers from the Rossendale Community and beyond
Rossendale Borough Council Community Partnerships
Community Foundations for Lancashire
The Duchy of Lancaster
Goofus Theatre Company
The Mayor of Rossendale's Charity Fund
The Worshipful Mayor of Rossendale Councillor Anne Cheetham OBE JP
The Worshipful Mayor of Rossendale Councillor Andrew Walmsley
ASDA Rawtenstall Community Champion
Tesco Haslingden and Rawtenstall Community Champions
Lancashire and South Cumbria Integrated Care Board
Burnley, Pendle and Rossendale Council for Voluntary Services
Mr John Malley and Mrs Yvonne Malley
Mrs Jane Roberts
Mrs Janet O'Driscoll
Mr Phil Speddy
Mrs Janet North
Mr Elliott Crookes
Haslingden and Helmshore Civic Pride
St Peter's Church Haslingden Parochial Church Council
Irwell Medical Practice
Family and Friends of the late Mr John Malley
Family and Friends of the late Mr Wayne Cooper
Councillor Samara Barnes
The Whitaker Museum & Art Gallery
Rossendale Leisure Trust
Rossendale Radio
JJR Video Productions
Voluntary, Community and Faith Sector partners
Supporters from Rossendale and beyond.

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
10625900 (England and Wales)

Registered Charity number
1189109

Registered office
35 Dean Road
Haslingden
Rossendale
Lancashire
BB4 4DS


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


Trustees
Mrs E J Riley Trustee and director
Mrs R A Yates Hoyles Trustee and director
Mrs J O'Driscoll Trustee and director
Dr C G Page Trustee and director

Independent Examiner
Mark Sunter FCA
Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

Approved by order of the board of trustees on 15th November 2024 and signed on its behalf by:





Mrs E J Riley - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BEACON DEMENTIA AND WELLBEING


Independent examiner's report to the trustees of Beacon Dementia and Wellbeing ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2024.

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.








Mark Sunter FCA

Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

15th November 2024

BEACON DEMENTIA AND WELLBEING

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME FROM
Donations and grants 2 9,358 109,405 118,763 59,793

Investment income 3 2,074 - 2,074 149
Total 11,432 109,405 120,837 59,942

EXPENDITURE ON
Charitable activities 4
Charitable activities 2,079 65,841 67,920 6,078

NET INCOME 9,353 43,564 52,917 53,864


RECONCILIATION OF FUNDS
Total funds brought forward 7,063 57,368 64,431 10,567

TOTAL FUNDS CARRIED FORWARD 16,416 100,932 117,348 64,431

BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

BALANCE SHEET
31ST MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 288 7,765 8,053 8,923

CURRENT ASSETS
Cash at bank 16,493 93,167 109,660 55,873

CREDITORS
Amounts falling due within one year 10 (365 ) - (365 ) (365 )

NET CURRENT ASSETS 16,128 93,167 109,295 55,508

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,416

100,932

117,348

64,431

NET ASSETS 16,416 100,932 117,348 64,431
FUNDS 11
Unrestricted funds 16,416 7,063
Restricted funds 100,932 57,368
TOTAL FUNDS 117,348 64,431

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.


BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900)

BALANCE SHEET - continued
31ST MARCH 2024

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 15th November 2024 and were signed on its behalf by:





E J Riley - Trustee

BEACON DEMENTIA AND WELLBEING

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures and fittings - 15% on reducing balance

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.

2. DONATIONS AND GRANTS
31.3.24 31.3.23
£    £   
Donations 108,258 42,850
Grants 10,505 16,943
118,763 59,793


BEACON DEMENTIA AND WELLBEING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


3. INVESTMENT INCOME
31.3.24 31.3.23
£    £   
Deposit account interest 2,074 149

4. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs costs Totals
£    £    £   
Charitable activities 67,045 875 67,920

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.24 31.3.23
£    £   
Depreciation - owned assets 1,700 1,575

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.


7. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.24 31.3.23
Trustees 4 4

No employees received emoluments in excess of £60,000.


BEACON DEMENTIA AND WELLBEING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME FROM
Donations and grants 2,850 56,943 59,793

Investment income 149 - 149
Total 2,999 56,943 59,942

EXPENDITURE ON
Charitable activities
Charitable activities 4,503 1,575 6,078

NET INCOME/(EXPENDITURE) (1,504 ) 55,368 53,864


RECONCILIATION OF FUNDS
Total funds brought forward 8,567 2,000 10,567

TOTAL FUNDS CARRIED FORWARD 7,063 57,368 64,431

9. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st April 2023 10,498
Additions 830
At 31st March 2024 11,328
DEPRECIATION
At 1st April 2023 1,575
Charge for year 1,700
At 31st March 2024 3,275
NET BOOK VALUE
At 31st March 2024 8,053
At 31st March 2023 8,923


BEACON DEMENTIA AND WELLBEING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Accrued expenses 365 365

11. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 7,063 9,353 16,416

Restricted funds
Restricted fund 57,368 43,564 100,932

TOTAL FUNDS 64,431 52,917 117,348

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 11,432 (2,079 ) 9,353

Restricted funds
Restricted fund 109,405 (65,841 ) 43,564

TOTAL FUNDS 120,837 (67,920 ) 52,917


Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 8,567 (1,504 ) 7,063

Restricted funds
Restricted fund 2,000 55,368 57,368

TOTAL FUNDS 10,567 53,864 64,431

BEACON DEMENTIA AND WELLBEING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


11. 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 2,999 (4,503 ) (1,504 )

Restricted funds
Restricted fund 56,943 (1,575 ) 55,368

TOTAL FUNDS 59,942 (6,078 ) 53,864

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 8,567 7,849 16,416

Restricted funds
Restricted fund 2,000 98,932 100,932

TOTAL FUNDS 10,567 106,781 117,348

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 14,431 (6,582 ) 7,849

Restricted funds
Restricted fund 166,348 (67,416 ) 98,932

TOTAL FUNDS 180,779 (73,998 ) 106,781


BEACON DEMENTIA AND WELLBEING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2024.