Charity Number 1015491
THE BABY BLUES APPEAL
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2021
CONTENTS
| Page | |
|---|---|
| Charity Information | 2 |
| Trustees’ Report |
3 - 4 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements |
8 - 11 |
1
THE BABY BLUES APPEAL
CHARITY INFORMATION
| Trustees | |
|---|---|
| (during the year ended | Fiona Langford |
| 31stAugust 2021 and to date) | Samantha Potter |
| Janine Lee | |
| Chairman | Fiona Langford |
| Charity Number | 1015491 |
| Charity Office | 43 Victoria Street |
| Wolverhampton | |
| West Midlands | |
| WV1 3PJ | |
| Independent Examiners | Ian Richmond Limited |
| Church Cottage | |
| Church Road | |
| Tettenhall | |
| Wolverhampton | |
| WV6 9AJ | |
| Bankers | Co-Operative Bank |
| PO Box 250 | |
| Delf House | |
| Southway | |
| Skelmersdale | |
| WN8 6WT |
2
THE BABY BLUES APPEAL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31ST AUGUST 2021
The trustees present their report and financial statements for the year ended 31st August 2021. These accounts are prepared in accordance with its governing document, and the Statement of Recommended Practice, ”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) (effective 1 January 2019).
The legal and administrative information set out on page 2 forms part of this report. The governing document detailing how the charity is constituted can be obtained from the registered office. Trustees are appointed who can demonstrate that they are dedicated to the well-being of premature babies.
Objects of the charity, principal activities and organisation of our work
The main objective of the charity is to provide specialist equipment for neo-natal units at our local hospitals. Funds are generated from fundraising and from goods donated and sold in our charity shop. The day-to-day running of the shop is the responsibility of the one manager, whilst the three trustees are responsible for the overall control of the funds and the decision making.
Development, activities and achievements this year
We have had a mixed year, it started with moderate sales and then suffered greatly with the global pandemic which forced us to close our doors again from December 2020 to 12[th] April 2021. Our Loyal staff came in voluntarily to help us remove the Christmas stock, assisted us with stringent Covid cleaning and restocked for the 12[th] April opening. We are proud of our achievements and striving to keep morale at its highest for staff and loyal volunteers alike.
The three trustees; S Potter, J Lee and F Langford, are continuing to work well and remain steadfast in their support.
Future developments
We are positive about the future, although we are taking things day to day as we are unsure what will happen but remain optimistic and continue to plan ways to increase our sales, ensuring the continuation of donations to the hospitals.
Reserves
We have a policy whereby unrestricted funds not otherwise committed or invested in fixed assets should be equal to approximately 12 month’s management and administration expenses so that in the event of us being unable to trade we would have time to make alternative arrangements.
3
THE BABY BLUES APPEAL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31ST AUGUST 2021
Transactions and financial position
The statement of Financial Activities shows gross income for the year of £54,939 and reserves standing at £20,701 in total.
Trustees
All of the trustees named served during the year. Trustees are appointed annually at the Annual General Meeting. The Board has power to appoint trustees if it considers it necessary to do so.
Statement of trustees’ responsibilities
The trustees are required under the Charities Act 2011 to prepare financial statements for each year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and to enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Risk Management
The trustees have examined the major strategic, business and operational risks, which the charity faces and confirm that systems have been established that mitigate these risks.
By order of the board
…………………………………..
Fiona Langford, Chairman
14[th] March 2022
4
THE BABY BLUES APPEAL
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE BABY BLUES APPEAL
I report on the accounts of The Baby Blues Appeal for the year ended 31st August 2021 set out on pages 6 to 11.
Respective responsibilities of trustees and examiner
The charity’s trustees you are responsible for the preparation of the accounts: The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
Examine the accounts under section 145 of the Charity Act,
To follow the basis procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the Charity Act, and
To state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statements below..
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
to comply with the accounting requirements of the Act,
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
………………………………….
Ian Richmond Chartered Accountant
14[th] March 2022
Ian Richmond Limited Church Cottage Church Road Tettenhall Wolverhampton WV6 9AJ
5
THE BABY BLUES APPEAL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST AUGUST 2021
| Restricted Funds Unrestricted Funds 2021 2021 Notes £ £ INCOMING RESOURCES Donations received - 2,255 Activities for generating funds Grants received 2 - - 31,363 21,321 _ _ Total incoming resources - 54,939 _ _ RESOURCES EXPENDED Costs of generating funds 3 - 42,829 Direct charitable expenditure 4 - 5,000 Management and administration 5 - 2,187 _ _ Total resources expended - 50,016 _ _ Net incoming/(outgoing) resources for the year - 4,923 _ _ MOVEMENT OF FUNDS Net incoming/(outgoing) resources for the year - 4,923 Funds brought forward as at 1st September 2020 - 15,778 _ _ Funds carried forward as at 31st August 2021 - 20,701 |
Total Funds 2021 £ 2,255 31,363 21,321 _ 54,939 _ 42,829 5,000 2,187 _ 50,016 _ 4,923 _ 4,923 15,778 _ 20,701 |
Total Funds 2020 £ 4,769 45,354 15,825 _ 65,948 _ 43,735 10,000 2,220 _ 55,955 _ 9,993 _ 9,993 5,785 _ 15,778 |
|---|---|---|
The notes on pages 8 to 11 form part of these accounts.
6
THE BABY BLUES APPEAL
BALANCE SHEET
AS AT 31ST AUGUST 2021
| 2021 Notes £ Assets Fixed assets Tangible assets 7 Current assets Debtors 8 2,605 Cash at bank and in hand 23,300 _ 25,905 Creditors: amounts falling due within one year 9 (5,706 ) _ Net current assets Net assets Funds Unrestricted funds 20,701 Restricted funds - __ |
2020 £ £ £ 502 592 2,258 23,959 _ 26,217 (11,031 ) _ 20,199 15,186 _ _ 20,701 15,778 _ _ 15,778 - 20,701 _ 15,778 _ __ |
|---|---|
The financial statements were approved by the Board on 14[th] March 2022
…………………………..
Fiona Langford Trustee
The notes on pages 8 to 11 form part of these accounts.
7
THE BABY BLUES APPEAL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2021
1 Accounting policies
1.1 Accounting convention
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
1.2 Income
Activities for generating funds (i.e. trading in the shop) and donations are accounted for when received by the charity.
1.3 Costs of generating funds
These are the expenses incurred in running the shop and are accounted for as they are incurred.
1.4 Direct charitable expenditure
Direct charitable expenditure is the amount to be donated to the neo-natal units at the hospitals for equipment.
1.5 Management and administration expenditure
Management and administration expenses are the costs associated with the administration of the charity and they are accounted for as they are incurred.
1.6 V.A.T.
Value added tax is recoverable by the charity, and as such is not included in the relevant costs in the Statement of Financial Activities.
1.7 Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
| Office Equipment 25% p.a. reducing balance basis 2 Activities for generating funds Restricted Funds 2021 £ Unrestricted Funds 2021 £ Total Funds 2021 £ Shop takings - 30,001 30,001 Fund raising - 1,362 1,362 Interest received - - - _ _ __ - 31,363 31,363 |
Total Funds 2020 £ 43,752 1,602 - __ 45,354 |
|---|---|
8
THE BABY BLUES APPEAL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2021
| 3 Costs of generating funds Restricted Funds 2021 £ Unrestricted Funds 2021 £ Shop salaries - 25,000 Shop rent, rates and service charge - 14,378 Van collection costs - - Insurance - 579 Heat and light - 707 Cleaning costs - 145 Telephone - 362 Repairs and decorating - 693 Stationery and postage - 163 Card machine fees - 371 Incidental expenses - 341 Depreciation/Loss on disposal - 90 _ _ - 42,829 _ _ 4 Direct charitable expenditure Donations to Neo-natal units 5 Management and administration expenditure Parking and travel expenses Accountancy - Audit Other services Bank charges Legal and professional charges |
Total Funds 2021 £ 25,000 14,378 - 579 707 145 362 693 163 371 341 90 _ 42,829 _ 2021 £ 5,000 _ 2021 £ 867 - 1,320 - - _ 2,187 |
Total Funds 2020 £ 26,933 8,749 4,673 578 1,049 108 322 539 82 416 165 121 _ 43,735 _ 2020 £ 10,000 _ 2020 £ 900 - 1,320 - - _ 2,220 |
|---|---|---|
9
THE BABY BLUES APPEAL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2021
| 6 Employees The average number of employees during the year was: The total emoluments (including monetary and non-monetary benefits-in-kind) of employees during the year were: Gross salaries and wages Employers National Insurance No employees earned more than £50,000 p.a. |
2021 1 _ £ 25,000 - _ |
2020 2 |
|---|---|---|
| __ £ 26,933 - |
||
| __ |
None of the trustees received any remuneration in respect of their services or any reimbursement of any expenses.
| 7 | Tangible fixed assets | As at | As at | ||
|---|---|---|---|---|---|
| 1st September | 31st August | ||||
| Cost | 2020 | Additions | Disposals | 2021 | |
| £ | £ | £ | £ | ||
| Office equipment | 4,421 __ |
- __ |
- __ |
4,421 __ |
|
| Depreciation | As at | As at | |||
| 1st September | Charge for | Disposal | 31st August | ||
| 2020 | the year | adjustment | 2021 | ||
| £ | £ | £ | £ | ||
| Office equipment | 3,829 __ |
90 __ |
- __ |
3,919 __ |
|
| Net book values | £ | ||||
| At 31st August 2021 | 502 __ |
||||
| At 31st August 2020 | 592 __ |
||||
| 8 | Debtors: amounts falling due within | 2021 |
2020 | ||
| one year | £ |
£ | |||
| Trade debtors | - | - | |||
| Other taxes | 886 | 876 | |||
| Prepayments and accrued income | 1,169 | 1,382 | |||
| Other debtors | 550 | - | |||
| __ | __ | ||||
| 2,605 __ |
2,258 __ |
10
THE BABY BLUES APPEAL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2021
| 9 Creditors: amounts falling due within one year Trade creditors Other taxes and social security Accruals Other creditors |
2021 £ 93 - 613 5,000 __ 5,706 |
2020 £ 432 - 599 10,000 __ 11,031 |
|---|---|---|
11