REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2024 |
FOR |
BEACON DEMENTIA AND WELLBEING |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
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 |
Registered Charity number |
Registered office |
BEACON DEMENTIA AND WELLBEING (REGISTERED NUMBER: 10625900) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31ST MARCH 2024 |
Trustees |
Independent Examiner |
Mark Sunter FCA |
Ainsworths Limited |
Charter House |
Stansfield Street |
Nelson |
Lancashire |
BB9 9XY |
Approved by order of the board of trustees on |
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 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Charitable activities | 4 |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 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 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 11 |
Unrestricted funds | 7,063 |
Restricted funds | 57,368 |
TOTAL FUNDS | 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 |
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 | - |
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 |
Grants |
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 |
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 |
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 |
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 |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 8,567 | 2,000 |
TOTAL FUNDS CARRIED FORWARD | 7,063 | 57,368 | 64,431 |
9. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1st April 2023 |
Additions |
At 31st March 2024 |
DEPRECIATION |
At 1st April 2023 |
Charge for year |
At 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
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 |
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 | 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 | ( |
) | 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 |