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2025-05-31-accounts

REGISTERED NUMBER: 03774011 (ENGLAND AND WALES)

REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 315" MAY 2025 FOR THE BIZZ (GLOUCESTER)

Page 1 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315" MAY 2025

CONTENTS OF THE FINANCIAL STATEMENTS

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||||||||| |---|---|---|---|---|---|---|---| |INDEPENDENT|EXAMINER’S|REPORT TO THE|DIRECTORS AND|TRUSTEES|OF THE|BIZZ|(GLOUCESTER).........cs:cssseseeeeeeee4| |3)|JANALYSIS:OF ASSETS AND|LIABILITIES: BETWEEN|FUNDS. ...:isssccisscoscecsoscsscescscsuaseosessvesevedectsvoetedoncssrseveseeedsbcccueaeLO|

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THE BIZZ (GLOUCESTER)

YEAR ENDED 315? MAY 2025

COMPANY INFORMATION

Directors and Trustees:

Secretary:

Registered Office:

Registered Number:

Bankers:

Mr R Dalton Mrs S Dalton Mrs N Ho

Mrs N Ho

38 Hucclecote Road Hucclecote Gloucester GL3 3RS

03774011 (England and Wales)

Natwest Bank plc 21 Eastgate Street Gloucester GL1 1NY

Page 3 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315" MAY 2025

INDEPENDENT EXAMINER’S REPORT TO THE DIRECTORS AND TRUSTEES OF THE BIZZ (GLOUCESTER)

| report on the accounts of the Company for the year ended 31st May 2025, which are set out in the annexed pages.

Respective responsibilities of trustees and examiner

As the company’s directors and trustees you are responsible for the preparation of the accounts; you consider that the audit requirements of section 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, 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 Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention;

have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Dk ioe

DN Riley FCA - Chartered Accountant Suite 4

10/12 The Grove

lIkley West Yorkshire

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31 SE
October Jor
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Date

Page 4 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315? MAY 2025

REPORT OF THE DIRECTORS

The directors present their report and the financial statements for the year ended 31%t May 2025. This report has been prepared in accordance with the special provisions relating to small companies subject to the Small Companies Regime of the Companies Act 2006 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (issued October 2019).

PRINCIPAL ACTIVITIES AND OBJECTIVES

The company is a registered charity as approved by the Charity Commissioners, Registration Number 1079707, under the Charities Act 2011.

The Bizz (Gloucester) provides mentoring support and education for young people, and emergency aid to those in crisis. It is also seeking ways to help young people to explore and foster their spiritual growth. The charity aims to empower young people who suffer from low self-esteem, low confidence and social or educational disadvantage to access opportunities for training, education, employment and personal development.

REVIEW OF BUSINESS AND FUTURE DEVELOPMENTS

The Statement of Financial Activities is set out on Page 5. The gross income of the charity for the year was £79,268 resulting in an overall surplus of £15,325. The directors are of the opinion that the financial position of the funds is satisfactory and anticipate no difficulty in meeting the obligations of the company.

The Bizz (Gloucester) is controlled and managed by the directors, who are also trustees for the purpose of the Charities Act 2011.

THE DIRECTORS AND THEIR INTERESTS IN THE COMPANY

The company is limited by guarantee and has no share capital. The directors may derive no benefit or income from, or capital interest in, the company’s affairs.

AUDITORS AND INDEPENDENT EXAMINERS

The company is taking advantage of the Companies Act 2006 (Audit Exemption) Regulations (sections 476 and 477 of the Companies Act 2006) and, as the company’s gross income is below £250,000 for the year ended 31 May 2025, is therefore exempt from the obligation to appoint auditors.

This report has been prepared in accordance with the provisions applicable to companies subject to the Small Companies Regime in accordance with the Companies Act 2006.

As the gross income of the charity for the year exceeded £25,000, the directors have appointed an independent examiner to examine the accounts, in line with their obligations.

ON BEHALF OF THE BOARD

R. Dalton — Chairman

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Date
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Page 5 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315’ MAY 2025

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31°" MAY 2025

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total|Funds| |Funds|Funds|Funds|2024| |£|£|£|£| |Income| |Donations|Received|2,380|Lys|2BO|4,851| |Charitable|Activities|-|76,386|sf|76,386|29,484| |Investments|502|-|£|502|441| |Total|Income|2,882|76,386|79,268|34,776| |Expenditure| |Direct|Charitable|Expenditure|847|46,402|r|47,249|23,099| |Management|and|Administration|of Charity|2|1,399|15,295|6|16,694|8,590| |Total|Expenditure|2,246|61,697|63,943|31,689| |Transfers|between|Funds|-|-|.|=|5| |VieWeaeo|ee|a| |Surplus/(Deficit)|636|14,689|15,325|3,087| |Total|funds|brought|forward|as|at|1st June|2024|16,039|24,628|40,667|37,580| |Total funds|carried|forward|as at 31st May 2025|16,675|39,317|55,992|40,667|

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Page 6 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315' MAY 2025

BALANCE SHEET

AS AT 315" MAY 2025

REGISTERED NUMBER: 03774011 (ENGLAND AND WALES)

2025 2024
£ £
Fixed Assets
Tangible Fixed Assets 3 445 321
445 321
Current Assets
Cash at bank and in hand 45,902 35,840
Trade Debtors 8,769 3,986
Prepayments 1,139 796
Other Debtors : =
55,810 40,622
Current Liabilities
Trade Creditors 23 36
Accruals 240 240
263 276
Net Current Assets 55,547 40,346
NetAssets 55,992 40,667
Reserves
Funds brought Forward 40,667 37,580
Surplus/(Deficit) 15,325 3,087
TotalReserves 55,992 40,667

For the year ended 31* May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of accounts.

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

ON BEHALF OF THE BOARD

Date

R. Dalton — Chairman

Page 7 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315’ MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

COMPLIANCE WITH RELEVANT ACCOUNTING STANDARDS AND STATEMENTS OF RECOMMENDED

PRACTICE

These financial statements have been prepared in accordance with FRS102 — The Financial Reporting Standard applicable in the UK and the Republic of Ireland (issued March 2018) and in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (issued October 2019).

ACCOUNTING CONVENTION

These financial statements have been prepared under the historical cost convention.

GOING CONCERN

As there are sufficient reserves and no material uncertainties about the Charity’s ability to continue for the foreseeable future, these accounts have been prepared on a going concern basis.

KEY SOURCES OF ESTIMATION UNCERTAINTY

The trustees are of the opinion that, other than those disclosed in the notes to these financial statements, no other key sources of estimation uncertainty existed during the reporting period.

PRESENTATION CURRENCY

The presentation currency of these financial statements is £ — Pound Sterling — GBP.

PUBLIC BENEFIT ENTITY

The trustees disclose that, as per the definition set out in FRS102 — The Financial Reporting Standard applicable in the UK and the Republic of Ireland, The Bizz (Gloucester) meets the criteria of a public benefit entity.

FUND ACCOUNTING

The charity currently has unrestricted general funds and other restricted funds. Income received for specific purposes is credited to these funds in the year to which it relates. Expenditure directly related to these specific purposes is deducted from the funds as it is recognised. Indirect expenditure is apportioned against these specific funds on the basis of hours of support time incurred. Unspent balances are carried forward to subsequent years within restricted funds.

TANGIBLE FIXED ASSETS

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

Equipment

=

33% on cost

Page 8 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315' MAY 2025

2 MANAGEMENT AND ADMINISTRATION OF CHARITY

Unrestricted Restricted Restricted Total Total Funds
Funds Funds Funds 2024
£ £ £ £
Insurance
Professional Fees
Computer Costs		 ¢
f		 252
483°"...
94”		 £0101
2010."?
365 ”		 @. 1,262
?
2,493
456		 904
240
219
Telephone : hb eee sy, 126
Printing, Postage& Stationery - shes - 38
Human Resources 118 476 é 594 990
Wages, Pension Costs&Taxation
Sundry Expenses		 ‘ ot
173		 an F899.
499 "		 47.839
672		 24
84
Depreciation - 345 ” 345 490
Training 282 2,639 5 2,921 270
Return ofGrant Funding : Pes : 5,205
1,399 15,295 16,694 8,590
TANGIBLE FIXED ASSETS
Equipment Total
£ £
Cost
At 31st May 2024
Additions		 471
469"		 21a7)
469
Disposals ae -
At 31st May 2025 1,940 1,940
Accumulated Depreciation
At 31st May 2024 1,150 1,150
Charge
Eliminated on disposal		 345”
Seo		 — 345
=
At 31st May 2025 1,495 1,495
Net Book Value
At 31st May2025 445
”		 445
At31stMay2024 321 321

3 TANGIBLE FIXED ASSETS

Page 9 of 11

THE BIZZ (GLOUCESTER)

YEAR ENDED 315’ MAY 2025

4 SHARE CAPITAL

The company does not have a share capital as it is limited by guarantee. Each member is a guarantor to the extent of £10 in the event of the company being wound up whilst they are a member, or within one year of them ceasing to be members in respect of debts and liabilities contracted before they ceased to be a member.

5 ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS

Unresricted Restricted Total
Funds Funds Funds
£ £ £
Cash at bankand in hand ©. 45,607-" 30,295." 45,902
Trade debtors
Prepayments		 :
1,139		 8,769"
eS		 8,769
We
Fixed Assets a 445” 445
Trade Creditors
Accruals		 (23)
aoe
(48)
(192)”
Foeoe VR oa
16,675
39,317		 (23)
(240)
eee
55,992

Page 10 of 11

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