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2023-08-31-accounts

Charity Number 1015491

THE BABY BLUES APPEAL

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

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 2023 and to date) Samantha Potter
Janine Lee
Chairman Fiona Langford
Charity Number 1015491
Charity Office 9a Cleveland Street
Wolverhampton
West Midlands
WV1 3HH
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 2023

The trustees present their report and financial statements for the year ended 31st August 2023. 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 our first year at Cleveland Street and overall the sales have been moderate, as there were some improvements being made outside our shop door by the council which did affect us. Things are still improving and 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 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 2023

Transactions and financial position

The statement of Financial Activities shows gross income for the year of £48,335 and reserves standing at £11,670 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:

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

10[th] June 2024

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 2023 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:

to comply with the accounting requirements of the Act,

………………………………….

Ian Richmond Chartered Accountant

10[th] June 2024

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 2023

Restricted
Funds
Unrestricted
Funds
2023
2023
Notes
£
£
INCOMING RESOURCES
Donations received
-
1,181
Activities for generating funds
Grants received
2
-
-
47,154
-
_
_
Total incoming resources
-
48,335
_
_
RESOURCES EXPENDED
Costs of generating funds
3
-
40,925
Direct charitable expenditure
4
-
5,000
Management and administration
5
-
2,179
_
_
Total resources expended
-
48,104
_
_
Net incoming/(outgoing) resources
for the year
-
231

_
_
MOVEMENT OF FUNDS
Net incoming/(outgoing) resources
for the year
-
231
Funds brought forward as at
1st September 2022
-
11,439
_
_
Funds carried forward as at
31st August 2023
-
11,670

 Total
Funds
2023
£
1,181
47,154
-
_
48,335
_
40,925
5,000
2,179
_
48,104
_
231

_
231
11,439
_
11,670
 Total
Funds
2022
£
4,781
39,247
550
_
44,578
_
41,776
10,000
2,064
_
53,840
_
(9,262
)
_
(9,262
)
20,701
_
11,439

The notes on pages 8 to 11 form part of these accounts.

6

THE BABY BLUES APPEAL

BALANCE SHEET

AS AT 31ST AUGUST 2023

2023
Notes £

Assets
Fixed assets
Tangible assets
7
Current assets
Debtors
8
2,482
Cash at bank and in hand
15,003
_
17,485
Creditors: amounts falling due
within one year
9
(7,461
)
_
Net current assets
Net assets
Funds
Unrestricted funds
11,670
Restricted funds
-
__		 2022
£
£
£
1,646
2,095
4,086
17,941
_
22,027
(12,683
)
_
10,024
9,344
_
_
11,670
11,439
_
_
11,439
-
11,670
_
11,439
_
__

The financial statements were approved by the Board on 10[th] June 2024

…………………………..

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 2023

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
2023
£
Unrestricted
Funds
2023
£
Total
Funds
2023
£

Shop takings
-
44,858
44,858
Fund raising
-
2,296
2,296
Interest received
-
-
-
_
_
__
-
47,154
47,154


 Total
Funds
2022
£
36,724
2,523
-
__
39,247

8

THE BABY BLUES APPEAL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

3
Costs of generating funds
Restricted
Funds
2023
£
Unrestricted
Funds
2023
£

Shop salaries
-
25,000
Shop rent, rates and service charge
-
10,370
Van collection costs
-
-
Insurance
-
1,156
Heat and light
-
2,051
Cleaning costs
-
93
Telephone
-
390
Repairs and decorating
-
294
Stationery and postage
-
76
Card machine fees
-
551
Incidental expenses
-
395
Depreciation/Loss on disposal
-
549
_
_
-
40,925
_
_
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
2023
£

25,000
10,370
-
1,156
2,051
93
390
294
76
551
395
549
_
40,925
_
2023
£

5,000
_
2023
£

814
-
1,365
-
-
_
2,179
 Total
Funds
2022
£
25,000
8,643
-
879
1,924
86
257
2,985
99
492
497
914
_
41,776
_
2022
£
10,000
_
2022
£
714
-
1,350
-
-
_
2,064

9

THE BABY BLUES APPEAL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

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.		 2023

1
_
£

25,000
-
_		 2022
1
__
£
25,000
-
__

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 2022 Additions Disposals 2023
£ £ £ £
Office equipment 3,636
__		 100
__		 -
__		 3,736
__
Depreciation As at As at
1st September Charge for Disposal 31st August
2022 the year adjustment 2023
£ £ £ £
Office equipment 1,541
__		 549
__		 -
__		 2,090
__
Net book values £
At 31st August 2023 1,646
__
At 31st August 2022 2,095
__
8
Debtors: amounts falling due within
one year


Trade debtors
Other taxes
Prepayments and accrued income
Other debtors		 2023
£


-
1,142
1,280
60
__
2,482
 2022
£
-
1,365
1,171
1,550
__
4,086

10

THE BABY BLUES APPEAL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

9
Creditors: amounts falling due within
one year


Trade creditors
Other taxes and social security
Accruals
Other creditors
 2023
£


411
361
755
5,934
__
12,683

 2022
£
698
361
660
10,964
__
12,683

11