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2021-01-31-accounts

CHARITY COMMISSION

BEEP Doctors (BASICS Cumbria) Ltd

known as BEEP Fund Limited previously

(A company limited by guarantee)

Annual Report and Financial Statements

31 January 2021

Company registration number: 05319318 Charity registration number: 1113396

BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Contents

Reference and Administrative Details 1
Trustees’ report 3
Trustees’ responsibilities in relation tothe financial statements 7
Independentexaminer's report 8
Statement offinancial activities 9
Balance sheet 10
Notestothefinancialstatements 11

BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Reference and Administrative Details

Charity name BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Doctors (BASICS Cumbria) Ltd known as
BEEP Fund Limited previously
Charity registration number 1113396
Company registration number 05319318
Principal office Thorpe Stable Barn
Sockbridge
PENRITH
CA10 2LL
Registered office Thorpe Stable Barn
Sockbridge
PENRITH
CA10 2LL
Trustees C J Maughan
DrA Reed
Dr TWeston
Dr P Hodkin
JM Irving
D Horn (Resigned 10 March 2021)
M House
V J Romano
R O'Connor (Appointed 23 March 2021)
Dr D Davies (Appointed 23 March 2021)
DrC Moss (Appointed 23 March 2021)
DrP Spencer (Appointed 23 March 2021)
DrA Paik (Appointed 23 March 2021)
DrA Mitchell (Appointed 23 March 2021)
Bankers HSBC
1 Market Square
PENRITH
CA11 7SN
Accountant Dodd & Co Limited
FIFTEEN Rosehill
MontgomeryWay Way
Rosehill Estate
CARLISLE
CA12RW Page1

BEEP Doctors IBASICS Cumbria) Ltd known as BEEP Fund Limlted prevlously Referencg and Administrative Details Page 2

BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously Trustees’ Report for the Year Ended 31 January 2021

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

BEEP Doctors (BASICS Cumbria) Ltd is a company limited by guarantee. It is registered as a charity with the Charity Commission and the charity obtained charitable status on 22nd March 2006. The liability of each member is restricted to £1 in the event of the charity winding up. The company's registered number is 5319318 and it's charity's registration number is 1113396.

The name of the charity was changed from BEEP Fund Limited to BEEP Doctors (BASICS Cumbria) Ltd on 25 March 2021.

Recruitment, Induction and Training of trustees

The trustees are appointed by election at the Annual General Meeting of the charity.

Only full members of the charity, whether individual or representative, are eligible to serve as members of the board of trustees.

Nominations of trustees must be made by full members of the charity in writing and must be in the hands of the general secretary at least 7 days before the Annual General Meeting.

New trustees are made aware of their obligations and duties as trustees, are immediately appointed to the council and attend the next meeting. They are introduced to the decision-making process at that meeting. All trustees are encouraged to take up any training that may be available that will enable them to perform their duties in a better manner.

Membership

The charity does not have any employees and therefore all activities are undertaken by members on a voluntary basis. The trustees are very grateful to the members for freely giving their time in this way. The charity has taken on the services of a fundraising team from Together We Can Fundraising from January 2021 and pays Lisa Jackson from Acorn Marketing for marketing work.

an individual aged 18 years and over who is involved with, and who promotes the work of the association on a regular basis;

a professional health care person who is actively providing pre-hospital care on a regular basis, not being a trustee of BEEP Doctors (BASICS Cumbria) Ltd.

A list of members will be kept (and published) by the secretary and will be reviewed on an annual basis (at the Annual General Meeting).

OBJECTIVES AND ACTIVITIES

The objectives of the charity are to relieve sickness of persons in the Penrith and North Cumbria area by the provision of an immediate response medical care system to persons in need thereof and to assist and promote the efficiency of the ambulance service.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Trustees’ Report for the Year Ended 31 January 2021

To purchase emergency medical equipment to assist in the treatment of seriously ill or injured members of the public. This includes the provision of a vehicle or vehicles as well as Doctors’ own personal vehicles to act as "immediate response vehicles" to transport the doctor and the equipment to the casualty speedily and safely. These vehicles will be equipped with blue lights and sirens and carry appropriate reflective markings.

The volunteer doctors, who live within Cumbria, are alerted by the Ambulance Service using a dedicated pager when skilled medical assistance is required following a 999 call. There is a protocol for calling the doctor. The majority of incidents are road traffic collisions (RTC's). Dr Weston and the other Doctors keep details of the incidents. In determining these objectives, the trustees have paid due regard to Charity Commission guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

The work of the BEEP Doctors, as in previous years, continues to provide an invaluable added resource in the provision of extra medical skills at the roadside in treating seriously ill or injured patients. Thankfully, the financial support from the local community continues in the same way as in previous years so that we are able to continue to fund this work. Our area of coverage has increased to all of Cumbria, extending from the West coast to the Scottish Borders to Alston/the Pennines in the East and down to Kendal/Barrow in the South. We now have 15 Doctors operating for the Scheme. This has all been part of a new direction and rebranding of the Charity which started 18 months ago with the development of a new logo and a huge amount of publicity on social media and other sources. This is continuing to be spearheaded by Lisa Jackson from Acorn Marketing and we are extremely grateful for all her hard work in making this process possible. The Charity has now also started proactively fundraising by taking on the services of the West Cumbria based Together We Can Fundraising organisation. As part of this renewed publicity, we have also decided to attend more public events so that we can make more people aware of who we are, what we bring to pre-hospital emergency care and what the new changes to the Fund entail. However, at the time of writing, sadly the Coronavirus is still on us and virtually all of the public fundraising initiatives have been stopped.

The Committee has also taken a serious look at its organisational structure and, due to the increase in numbers of Doctors, has completely reorganized how it operates so that now most of the doctors are involved in one of four subgroups (Clinical, Personnel, Equipment & Finance). Each of these subgroups refers to the Executive Committee which is also made up of the Trustees. There is now a much more robust system in place which governs the way money is spent and who is accountable.

Thorpe Stable Barn in Tirril still provides an incredibly useful base to both store our equipment and also act as a venue for meetings and training. However, the Committee has decided to move the Headquarters to a more central location in the middle of Penrith so that it is more easily accessible by the members and also it is a warmer/better heated office, allowing for the feasibility of undertaking more regular administration work there. The move is due to take place by the end of May 2021.

At the start of last year, the BEEP Car was sold as it was being used less and less because most of the time, we seem to be attending emergencies in our own vehicles and the BEEP car remainsa lot of the time in the car park at the Health Centre. The car was eventually sold by Braithwaites garage on our behalf and we are extremely grateful to them for all their support and help over the years.

The Doctors are continuing to use the Charity to pay for the entire cost of approved courses plus paying for a locum to cover their work while away from their usual place of work. This is so vitally important in order that we are able to maintain and improve our skills in immediate medical care. The web site at www.beepfund.org.uk, is constantly being updated by Lisa Jackson from Acorn Marketing & this ensures, along with our social media presence, that we have an up-to-date information presence to members of the public.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously Trustees’ Report for the Year Ended 31 January 2021

The Charity has been as busy as ever this year attending to mainly road traffic accidents (RTC’s) but also other emergencies, including some farming accidents. From figures collected in the Penrith area, the total numbers of call-outs has been similar compared to previous years at around 150. The proportions which were due to RTC’s was again much the same as last year at 75%, with only 7% being due to medical reasons and 18% due to accidents (such as farming/leisure). These figures are pretty much identical to the last few years.

There are still strong links with our overriding confederation, BASICS NW, and a number of the BEEP Doctors are also NWAS employed MERIT Doctors, ready to respond to Major Incidents if they should arise in this area.

Finally, my most sincere thanks go to all the BEEP Doctors, to the members of the BEEP Committee and especially to all the local members of the public who have supported the BEEP Doctors either financially or in other ways over the last year.

FINANCIAL REVIEW

Reserves policy

The trustees have a requirement to ensure that the equipment is efficient and up-to-date and that the volunteer doctors are trained to such a level that their professional skills are developed and maintained in order that they can attend accident, emergency and major incident situations. The trustees have decided that the minimum level of reserves that should be kept are £35,000 in order for the charity to continue its operations for 12 months.

Free reserves, including investments, were £92,621 at the year end which exceeds the current reserves policy. Trustees are aware that current reserves are higher than one years running costs. These reserves have come through legacy donations in the last 2 - 4 years, the Trustees have invested these monies to help support the running of the Charity, while these funds can be spent over a longer period.

Risk management

The major risks to which the charity is exposed, as identified by the trustees, have been subject to detailed consideration and systems have been established to mitigate those risks.

Risks

The main risks of the charity are:-

  1. Governance

Operational

The charity relies on its trustees to control and guide the charity. The availability of suitable trustees is a continuing concern. The charity has 8 trustees at present which is a sufficient number to provide governance of the charity but the trustees are aware of the need to seek suitable trustees as and when available.

The charity relies on the availability of doctors who are willing to give up their own time and volunteer to respond to calls for assistance. The lack of such qualified volunteers would mean the cessation of the charity as the cost of employing doctors would be prohibitive.

IMPACT OF COVID-19

This year has been a real struggle in terms of face to face contact and this aspect of fundraising due to the restrictions of the pandemic. However, during the full lockdown periods, the numbers of jobs that the doctors were called to has been generally much less as there were less people out & about. The Doctors have not specifically been involved in treating sick people infected by the virus but the challenge has been trying to keep safe while responding to jobs, including the use of PPE which has made administering to people so much more difficult.

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously Trustees’ Report for the Year Ended 31 January 2021

Approved by the Board and signed on its behalf by:

Dr T Weston Trusteepete YELM

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Trustees’ Responsibilities in relation to the Financial Statements

The trustees (who are also directors of BEEP Doctors (BASICS Cumbria) Ltd for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and the Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 7

Independent Examiner's Report to the Trustees of

BEEP Doctors (BASICS Cumbria) Ltd

| report on the accounts of the company for the year ended 31 January 2021, which are set out on pages9 to 22.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

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 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 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 statement below.

Independent examiner's statement

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

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FIFTEEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA1 2RW

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Statement of Financial Activities (including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) for the Year Ended 31 January 2021

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
Note £ £ £ £
Income and endowments from:
Donations and legacies 2 11,917 27,256 39,173 14,766
Investments 3 2,709 - 2,709 3,640
Charitable activities 4 8,653 - 8,653 -
Total income and endowments 23,279 27,256 50,535 18,406
Expenditure on:
Raising funds 1,200 - 1,200 1,200
Charitable activities 36,619 - 36,619 41,076
Total expenditure 37,819 - 37,819 42,276
Net income/(expenditure) before transfers (14,540) 27,256 12,716 (23,870)
Transfers
Transfers between funds 16,108 (16,108) - -
Net income/(expenditure) beforeother
recognised gains and losses 1,568 11,148 12,716 (23,870)
Other recognised gains/losses
Gains on investment assets 285 - 285 7,427
Net movements in funds 1,853 11,148 13,001 (16,443)
Reconciliation offunds
Total funds broughtforward 151,235 3,200 154,435 170,878
Totalfundscarriedforward 153,088 14,348 167,436 154,435

All of the Charity's activities derive from continuing operations during the above periods.

The notes on pages 11 to 22 form an integral part of these financial statements. Page 9

BEEP Doctors (BASICS Cumbria) Ltd trading as BEEP Fund Limited previously

Company registration number: 05319318

Balance Sheet as at 31 January 2021

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2021 2020
Note £ £ £ £
Fixed assets
Tangible assets fc) 60,467 43,296
Investments 10 86,425 97,353
146,892 140,649
Current assets
Debtors 11 394 1,459
Cash at bank and in hand 22,132 13,601
22,526 15,060
Creditors: Amounts falling due within
one year 12 (1,982) (1,274)
Net current assets 20,544 13,786
Net assets __187,436 __154,435
The funds of the charity:
Restricted funds 14,348 3,200
Unrestricted funds
Unrestricted income funds 153,088 151,235
Total charity funds ee seme e
For the financial year ended 31 January 2021, the charity was entitled to exemption from audit under section 477
of the Companies Act 2006.
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The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act.

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

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

Approved by the Board on wf tfer. and signed on its behalf by:

Dr T Weston Trustee

The notes on pages 11 to 22 form an integral part of these financial statements. Page 10

BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously Notes to the Financial Statements for the Year Ended 31 January 2021

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

These financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Fund accounting policy

Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Further details of each fund are disclosed in note 15.

Income and endowments

Donations are recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the Charity before the Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the Charity and it is probable that these conditions will be fulfilled in the reporting period.

Legacy gifts are recognised on a case by case basis following the grant of probate when the administor/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measured with a degree of reasonable accuracy and the title to the asset having been transferred to the Charity.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

veces, Continued Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Incoming resources from tax reclaims are included in the statement of financial activities at the same time as the gift to which they relate.

Investment income is recognised on a receivable basis.

Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.

Expenditure Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Costs of raising funds are investment management fees.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Fixed assets Individual fixed assets costing £100 or more are initially recorded at cost.

Depreciation Depreciation is provided on tangible fixed assets So as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Plant and machinery 3 years straight line Motor vehicles 25% reducing balance Fixtures, fittings and equipment 15% reducing balance

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

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Investments

Fixed asset investments are included at market value at the balance sheet date.

Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the statement of the financial activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the statement of financial activities based on the market value at the year end.

Trade Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and Cash Equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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BEEP Doctors (BASICS Cumbria) Ltd known as

BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

sesseeee, CONtiNUEA

Financial instruments

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Charity after deducting all of its liabilities. All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the Charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

2 Donations and legacies

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
£ £ £ £
Donations and legacies
Appealsanddonations
GiftAidtaxreclaimed		 11,756
161		 -
-		 11,756
161		 10,977
589
Grants
CumbriaCommunity Foundation
HELPAppeal		 -
-
-		 -
27,256
27,256		 -
27,256
27,256		 3,200
-
3,200
11,917
27,256
39,173
—=—=——oS		 14,766
———

Of the donations and legacies income in 2020, £3,200 related to restricted funds and £11,566 related to unrestricted funds.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

seseeeeee CONtiNUed

3 Investments

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Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
£ £ £ £
Income from listed investments 2,709 - 2,709 3,639
Interest on cash deposits = s a 1
2,709 - 2,709 3,640
----- End of picture text -----

Of the investments income in 2020, all related to unrestricted funds.

4 Charitable activities

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
£ £ £ £
(Profit)/loss on sale oftangible fixed assets held
forcharity'sownuse		 8.653
a		 7 8.653 .

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

wees. Continued

5 Expenditure

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|||||||| |---|---|---|---|---|---|---| |Investment|Charitable|Total|Total| |income|activities|2021|2020| |£|£|£|£| |Direct|costs| |Fundraising|costs|-|425|425|-| |Drugs and equipment|-|2,771|2,771|1,125| |Training course|fees and expenses|-|3,650|3,650|1,462| |Administration|of investments|1,200|-|1,200|1,200| |Rent and|rates|-|4,066|4,066|4,061| |Light,|heat and power|-|1,513|41,513|1,322| |Insurance|-|3,231|3,231|3,685| |Repairs and maintenance|-|581|581|2,412| |Paging|costs|-|634|634|634| |Printing,|postage and|stationery|-|95|95|39| |Sundry expenses|-|238|238|148| |Motor expenses|-|1,090|1,090|4,046| |Motor|insurance|-|-|-|1,496| |Travel|and|subsistence|-|1,989|1,989|266| |Advertising|-|6,070|6,070|9,926| |Subscriptions|-|1,871|1,871|1,915| |Depreciation|of fixtures and|fittings|-|7,134|7,134|6,689| |Depreciation|of motor vehicles|-|-|-|604| |1,200|35,358|36,558|41,030| |Support|costs| |Accountancy|fees|-|541|541|526| |Bookkeeping|fees|-|720|720|720| |-|1,261|1,261|1,246| |1,200|36,619|37,819|42,276| |—— =O——|

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Of the expenditure in 2020, all related to unrestricted funds.

6 Governance costs

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Accountancy fees
Bookkeeping fees
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2021 2020
£ £
541 526
720 720
ee
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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

verse, CONtiNUed

7 Trustees' remuneration and expenses

No trustee received expenses for training, travel and subsistence (2020 - £522). No trustees received any remuneration during the year.

8 Net income/(expenditure)

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

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2021 2020
£ £
Profit on disposal of tangible fixed assets (8,653) -
Depreciation of tangible fixed assets 7,134 7,293
Accountancy fees 541 526
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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

vee. Continued

9 Tangible fixed assets

Plant and
machinery
Fixtures,
including motor __ fittings and
vehicles
equipment
£
£		 Total
£
Cost
Asat 1 February 2020
Additions
Disposals
As at 31 January 2021		 43,335
-
(43,335)
=		 131,864
27,647
(3,922)
155,589		 175,199
27,647
(47,257)
155,589
Depreciation
Asat 1 February2020
Eliminatedondisposals
Charge for the year
As at 31 January 2021		 40,918
(40,918)
<
-		 90,381
(2,393)
7,134
95,122		 131,299
(43,311)
7,134
95,122
Net book value
Asat31 January2021
Asat31January2020		 a
at		 60,467
41,483		 60,467
43,900

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

wisseee.. CONtiNUed

10 Investments held as fixed assets

Listed
investments
£
Market value
As at 1 February 2020 97,352
Revaluation 285
Additions 242
Disposals (11,454)
As at 31 January 2021 86,425
Net book value
As at31 January 2021
As at31 January2020		 —__86,425
—__97,352
AllinvestmentassetswereheldintheUK.

Listed investments

Investments having a net book value of £86,425 (2020 - £97,353) are listed on a recognised stock exchange and had a market value of £86,425 at the end of the year (2020 - £97,353).

11 Debtors

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2021 2020
£ £
Other debtors 161 766
Prepayments and accrued income 233 693
394 1,459
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12 Creditors: Amounts falling due within one year

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2021 2020
£ £
Trade creditors 962 679
Accruals and deferred income 1,020 595
1,982 1,274
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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously Notes to the Financial Statements for the Year Ended 31 January 2021

vee. CONtiNUed

13 Members' liability

The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

14 Related parties

Controlling entity

The charity is controlled by the trustees who are all directors of the company.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

veseeee. CONtiINUed

15 Analysis of funds

At 1
February
2020		 Incoming
resources		 Resources
expended		 Transfers Other
recognised
gains/losses		 Other
recognised
gains/losses		 At 31
January
2021
£ £ £ £ £ a
General Funds
Unrestricted
income fund 151,235 23,279 (37,819) 16,108 285 153,088
Restricted Funds
Cumbria
Community
Foundation		 3,200 S = (3,200) = ~
HELP Appeal - 27,256 - (12,908) - 14,348
3,200 27,256 - (16,108) - 14,348
154,435 50,535 (37,819) - 285 167,436

Cumbria Community Foundation - funding received for the purchase of two new scanners. HELP Appeal - funding received for blue lights and sirens for vehicles, along with helmets for the doctors.

16 Transfers

The transfers of £3,200 from the Cumbria Community Foundation fund to Unrestricted funds and £12,908 from the HELP appeal fund to Unrestricted funds represent restricted funds received to purchase fixed assets. Once the assets were purchased the original restriction on the funds was met and the assets are therefore transferred to unrestricted funds, to reflect the fact that they are unrestricted in use.

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BEEP Doctors (BASICS Cumbria) Ltd known as BEEP Fund Limited previously

Notes to the Financial Statements for the Year Ended 31 January 2021

veueee- CONtinNUed

Prior period

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|||||||| |---|---|---|---|---|---|---| |At|Incoming|Resources|Santer|At 31| |February|recognised| |2019|resources|expanded|gains/losses|January 2020| |£|£|£|£|£| |General|Funds| |Unrestricted income fund|170,878|15,206|(42,276)|(7,427)|151,235| |Restricted|Funds| |Cumbria|Community|.|3,200|.|.|3,200| |Foundation|170,878|18,406|(42,276)|_|(7,427)aN|154,435|

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17 Netassets by fund

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|||||||| |---|---|---|---|---|---|---| |Unrestricted|Restricted|Total Funds|Total|Funds| |Funds|Funds|2021|2020| |£|£|£|£| |Tangible assets|60,467|-|60,467|43,296| |Investments|86,425|-|86,425|97,353| |Current assets|8,178|14,348|22,526|15,060| |withinCreditors: one yearAmounts|falling|due|(1,982)|-|(1,982)|(1,274)| |Net assets|153,088|14,348|167,436|154,435| |Prior|period| |Unrestricted|Restricted|Total Funds|Total|Funds| |Funds|Funds|2020|2019| |£|£|£|£| |Tangible assets|43,296|-|43,296|43,431| |Investments|97,353|-|97,353|114,892| |Current assets|11,860|3,200|15,060|13,743| |Creditors:|Amounts|falling due|(1,274)|.|(1,274)|(1,188)| |within|one|year| |Net assets|451,235|3,200|154,435|170,878|

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