Charlty retraL'l0n number., 1140165 Cornwall Blood Bikes Annual Report and Flnanclal Statements fvr the Year Ended 31 December 2022
Cornwall Blood Bikes Contents (continued) Re.ference and Admlnlstrallve Detalls Trustees, Repoit 2to5 statement of frustees, Responsibllltles Inderendent Examlner's Rewrt Sialtment of Flnanclal Acllvltles (includlng Income and Expendllure Account) Balan Sheet Notes lo the Flnanclal Statements iotol8
Cornwall Blood Bikes Reference and Administrative Details Chalr Clalre Jayn@ Peiilerld¢ Trustee5 Clalre Jayne Penlerlck Chris Polawskl Paul Thomas Andrew Bellamy laines Hlnd John Penlerlck Sylvla Cookn7an, Treasurer lan Butler stephen Mason Brandan Hale TIM Cookman lan Prout Cl)arlty Reglstratlon Number 1140165 Principal Offl¢a Gwend¥ Newbrldge Penzance Cornwall TR2Q 8PH Independent Examlner Crane & Johnston C&) Ltd Chariered Certifled Accountant 11 Alverton Terrace Penzance Cornwall TR18 4JH Page I
Cornwall Blood Bikes Trustees, Report The trustees present the dnnual report togeil)er wlth the financlal statements of the Lharlty for the year ended 31 December 2022, ObJ8¢tlve$ and actlvitlos ObJetts8ndalms The organlsauon Is estab115hed for the follovAng Objects prlTnarlly but not excluslveEy In Cornwall, Devon and Somerset, 11 To relieve sickness and prolett health by the provislon of transport of urgently needed blood, drugs, hLJman tlssues and otlier medlcal requlrements between hospltals, tlinlcg, laboraLDrles, doctors, or other such pla$ as the trustees deem flt, 2) To advance the publlc's educatlon iii Is5wes I'elatlng to molDrode safety. The pur2 of Cornwall Blood Blkes Ig to provlde an out of hour5 dellvery Se1 to transport Items of a medlcal nature to locatlons In the operatlonal area as deflned from tlme tts Ilme by the Execuuve Committee. In addlllon, the charity alms to 8ncoui.age safe rldlng prartlces LK)Ih wlthln and wltliout the Charlty and lo proThote a pusltlve inwge OF moturLycliiiy lo the yenÈral publlc, Page 2
Cornwall Blood Blkes Trustees, Report (continued) Objectlveffj strHtegles andHctivltles Cornwall Blo(A Bikes continue lo provlde a free dellvery Serv1 by mutual agreement durinu Cornwall Blood Blke's normal operatlng hours t'o our NHS partners. The purpose of the seNlce wlll be to transport huinan blood and pathology sainples, any 'Polnt of Care To5Ung' IPOCT) such as pathology samples, swabs, mÈdlcatlon, equlpment, medl[21 record5, bi'east Inllk and consumables and any other agreed medlcal Items betweon CAAT slLes and any other agreed sltes wlthln Cornwall and beyond the county by arraement (such as to Royal Cornwall Hospltal, to Derrlford H05pltal, to Cornwall All Ambulance Trust and Q)mwall14osplce Care 51tes), Thls asslsts In patlent treatment and Sdves thc NHS tnoney that WOLld olhorwlse be spent on prlvate courlers. &ncc 2020 and the onset of tlie Covid-lg pandemlc we have seen Many challenges for the Chai'ity as our Serv1 grew and we took 01) new projects, but the challenges have rtaInlY carrled over Inl'o our future years a5 the deniand and need foi. our servlce has grown, Cornwall Blood Blkes cai'rled out 6,790 operatlonal Jobs and covered 185,371 operational mlles In 2022. A much larger Increase from 2019 prlor to the Covid-19 pandemlc whlch saw 100,229 orxrallonal mlles rldden and 3,397 operatl(%)al jobs completed, I'herefore, wlth an Increase In jobs and mlles rldden, our fleet of FIMW mut()rblkes had to Increase to help wlth that glgnlflcant workload and to share the mlleage more evenly. . The COVID-19 cYSsls saw all oui. fundraldng cancelkd and all efforts foi. publlc fundralslng restrlct Ov. a Lwo.year perfod. 2022 saw a gratefvl return to sonie OF these fundralsing events but In a Ilmlted capadty. On tlie 1st December 2020 we saw the launch of the 'Biood on Board, projert worklng In partnershlp wlth Cornkwall AmIlatr and the Royal Cornwall Hospllal Trust. We are now over two years Ii)to Lhls vltal partnorshlpi and It Is stlll provlng to be an Immense SUC55 whore 14 btood Iransfuslons were admlnlstered on Sne In 2022. All the voluntee1% aL' Cornwall Blcxid Blke% are Immensely proud to be supplying blood on 8oaifj tts Coynwall Alr Ambulance arkd to be part of Ihls project whlch wlll a551st th beLter paknent outcomes for the people of Cornwall arml the Isles of Sdlty. The onset of the Covld-19 pandemlc meant thit all our Ilves changed slgnlflcanilyi the seasons have thanged and we now head DiiE thp rJthE slde Into the'new noi'mal, tliroughout It all Cornwall Blood Blkes have conllnued to prov5de an outslandlng profcsslonal and dedlcated selv1 to our NHS Partners rldlng In all wlnds and weathers, day and nlght. The wbllc of Cornwall ha5 been be51de us for every mlle of our journLJ Cornwall Blood Blkes Is run enl'irely by vdunteers for the benefit of anyone who needs us. The rlders ylve thelr tlme freety, as do oui. cooi'dlnators, trustees and commlttee members. Apart rrom two shlpplng contalners Used for storage we have no preinlseg nor do we have pald staff or fundralsers, All th¢ mnpy raised goes Into provldlng the Serv1 and kcoplng our fleeL' on the road. Wlthout the selfles5 dedlcallon of these volunl'eers, and the outstandlng hublIng support from the people of Cornwall, we wlId rK)t be as successful as we are. Page 3
Cornwall Blood Blkes Trustees, Report (continued) Publlcbeiief/t In plannlro and carrylng out oui. actlvltie5 for the year we kept In mlnd the Charlty Commlsslon'5 guldance on publlc beneflt at our Trustee and Executlve meellngs. The trusLEes connrni that they have complled wllh the requlremeiit5 of. sectlon 17 of the Charllles Act 2011 to have due re(Jard LD the public benefit guld8n published by the Charity Comm155lon for Eiigland and W?le5, Flnanclal revlew Total Income for 2022 amounted to £120,524 {£94,301 - 2021}, an Increase In £26,223. The total expendltiire for 2022 was £ 115,313 ( £ 113,226 - 2021) an Increase In E2,087 whlch relates to the contlnued IKrease In Ihe fleet acuvlty, Overall, the charlly had a surplus of £5,211 (£18,925 deflcll.. 2021) for the year endlng 311)ecember 2022. Pollcy oil reserves Tl)e tru5tee5 have examlned tl)e charity's requlrements for reseryes In Ilght of the maln dsks lo the organlsauon. It has establishd a pollcy whereby the unre5trlcted fund5 not commlttÈd oi. Invested In langlble flxed assets held by the charlty should be at least Its lolal annual runnlng cost5. The reseives a needed to meet. the worklng capltal reqiilremenEs of the chaTity and l.he tru5ted5 are confldent that at thls level they would be able to coi)tinue the current acllvlttes of I'he ¢harSty In 11)e event of signiflcant drop In fundln9. Plan& for futiire periods Almsandkeyobjé¢tiV8s forfuture perlods Our 5UPPOrt 8mongst the CoFnish Communlty remalns strong, alt'racltng ndIng to enable us lo tonllnue our aCvItIes. We wlll continue lo.seek opportunilles lu rdlse tlie proflle of L.he charlty and lo hold suffrient reseNes to allow us to survlve In L'he medlum term. Llkewlse, we wlll contlnue lo rec¥ull volunteers lo malntaln and Increase the number of blke Aders we requlre. Structurei governance and management Naiure ofgoverning docuniant Cornwall 00d Nkes Is a member of the Nailonal Assodatlon of Blood Blkes, an organlsallon set up Lo ensure that standai'ds across groups are malntalned, The charlty Is governed by Its cons1ltu0n, as amended on 23 January 2019. R8crultniBnfandappoltttmentof truste8s Wh1 recrultlng for new Trustees, the Board revlew skllls and expert15e and Idenllfy any gaps wliich may need to be fllled by new Tru51ees ?rKI advertlse attordlngly. Page 4
Cornwall Blood Bikes Trustees, Report (contlnued) Indiictloji aiidtraliilng of bustees ProspeCte tNstee5 are requlred L'o read and comply wlth all requlrements1è1d down by the Charfty CommlsdDn Indudlng undersLaridlng the Essenijal RequlremenLs of TrugLEes, our conslltutlon and bu51ness plaiis. Tlie annual report was approved by the trles of the chaty on i&l0l.I,Iw aiid slgned on Its behalf by., Clalre Jayne Penledck Cliali'iiidn and trtee Page 5
Cornwall Blood Blkes statement of Trustees, Responsibilitles The trustees are responsible for prepai'lng the L'rustees, ieport aiml the flnancl31 sl'aLements In accordan wlLh the UrbiLEd Kiiigdom Accountlng Slaiidards Iunlled Wngdon) Generally Accepted Accountlng Practi) and applICab law and regulallons, The law applkable to charlttes requlres the trustees to prepare flnanclal 5Latements for each flnanclal year which glve a true and falr vlew of the state of affalrs of Ihe char5ty and of the Incomlng re5oul5 and appllcatlov> of iesources of the charlty for that perlod. In preparlng these flnantlal statements, the trustees are requlred to.. select sullable acwntlng pollcles and then appty them conslstenllyj observe the methods and prlnclples In the Ch8dtles SORP,, rnake Judgen)ehls and estlmates that are reasonable and prudent; state whether appllcable accountlno standards have been followed, subject to any material etureS dlsclosed and explalned IN the fillantlal stalemeiits; and prepaiE the finandal statements on the golng Conrn basls unle55 It Is Inapproprlate to presume that the charity wlll contlnue In buslness. The trustees are responslble for keeplng proper accuunllng rec(Jrds that dlsclose wllh reasonable accuracy at any tlme ihe flnanclal posltion of the charity and enable thein tg ensure. that the flnaiKlal slatemenls comply with the Charllles Act 2011, the Charltles (AccoLints and Reports) Reglilations 2008, and the pmvlsions of the conslltutlon, The trustees are alsa responslble for safeguardlng the ssets of the charlty and hence for taklng rea5onablo steps for the preventlon and detectlon of fraud aiid other Irregularftles. The trustees are IEsponglble ft)r the maIntenaN and Integrlty ol the corwrate and flnandal Informat]on Included on the charllable Company's webslto. Loglslatttsn govornlng the preparatlon and dlssemlnatlon of tlnanclal statenionts n)ay dlffei from leglslatlon In other lurlsdlcuons. Page 6
Cornwall Blood Blkes Independent Examlner's Report to the trustees of Cornwall Blood Bikes I report lo Ihe trustees on Iny examlnatlon of the accounts of Cornwall Blood 81kes for the year ended 31 DÈceniber 2022. Responslbllltles and basls of report As thc charlty IIu51¢es of Cornwall Blood Blkes you are responslbFe for the preparallon of Ihe accouiits In accordan wlth the Yequ1remenLs of the Charllles Act 2011 Cthe Act), I report In respect of my examlnatlon of the Comwall Blood Blkes's accounts carrled out under sectlon 145 of the 2011 Act and In Cdrrylny out Imy examlnallon I have followed all Ihe appllcable Dlrectlons glveii by the CharlLy Q)miMlsslon uiider sectlon 145(5)(b) of th¢ Act. Xiidepeiident axamlner's statement I have complete.d My examlnatk)i). I coiifirm that iio niatei'lal rnattrS havo come to my attentlon In coiinection vjilh Ilie examination glvlng me cause lo belleve that In any Inaterlal resped.: l. aocounlliig records were not kept In regpect of Cornwall Blood Blkes as requlred by secUr)n 130 of the Act,. or 2. tho accounts do not accord wlth those records; or 3. the accounts do not compty wlth the accoui)tlng I'equlremenls concernlng the form and content of aecounts set out ii) the Char(tles (AccuunL¥ and Repots) Regulatlons 2008 other than any rVIrement that the accounts glve a 'true and falr ew, whld) 15 not a m8iter conslderÈd as part of an Independent examlnatlon, I have no COnrn5 and have come across oiher matters In connectlon wlth the examlnatlon to wFiich attEntion should be drawn In ihls report In order to enabk a proper understaiidlThJ of the accounts to be reached. Nell Hallam FCCA Chattered Certlfled Accountant Crane & Jd)nston 11 Alveiton Tei'race Pen7.ai)ee Cornwall TR18 4JH 2 October 2023 Page 7
Cornwall Blood Bilces Statement of Fiiianclal Activlties (includlng Income and Expenditure Account) for the Year Elided 31 December 2022 Total 2022 rotal 2021 Unrestricted Not8 Iiicoine and Eiidowinents from: Donatlons and legacles Investment Income Ollier Income 120,495 29 120,495 29 94,240 li 50 Total Income 120 524 120 524 Expendlture on: Ralsliig funds Charltable fvItI {4t5} 1415) 114 898 {1,873) 111353 Total expejiditure 115 313 115 313 113 226 Net Inoveinent. In funds 5,211 5,211 118,925) Reconclllatloii of funds Total fuiids brought rorward 170 775 170 775 189 700 Total funds carrled forward 17 175 986 170 775 All of the charlty's aCtItIeS derlve from contlnulng operatlons durlng the above tsvo perlods, Tl)e notes on pages 10 to 18 form an Integral part of these flnanelal statemea)ts. Page 8
Cornwall Blood Blkes (Reglstration number. 1140165) Balance Sheet as at 31 Deceinber 2022 2022 2021 Not Flxed Hssots Tanglble assets li 15,705 14,589 Curreiit assets Debtors Cash at baiik 8nd In hand 12 13 8,.579 163 421 172,000 11,885 153 87.2 165,707 Creditors. Amouiits falling du8 wlthln one yèar Not current assets 14 160 281 lJf6 186 Net ¢15S¥ 175 986 170 775 Fuiids of the cliarity: Unrestrleted Iiiconie fuiids Unre5trlcted fuiids 170 77J Total funds 17 The flnandal ststenienks on pages 8 to 18 were approved by the ttustees. and aul'hoi'lsed for tssue on -? and 51yt on L"hel¥ belililf by: clalre. Jhyne Penlorlck Chalrman and irustee OILfyl. Siitvla Cookinan Twstee The notes on pages 10 to 18 form an Intsgral part of these flnandal statements. Pdge 9
Cornwall Blood Bikes Notes to the Financial Statements for the Year Ended 31 December 2022 l Accountlng policl8s statement of compllance The financial statements have been pi'epared accordance wlth the second edllkin of the Charltles staLement of Recommended Pracilce Issued in Ociober 2019, tt)e Flnandal Repoftlng Standai'd applkable In l.he Unlted Klngdom and Ropubll¢ of Ireland (FRS 102) and the Charltle5 Act 2011. Basls c>f preparatlon Cornwall BIDtxi Bikes meets Ihe deflnStlon of a pub51c bEneflt enL'ity under FRS 102, The accounts (firiiliilliil st4teriieniE) have been prepared under Ihe Iilsiorltal lost convention wlth Items recognised at cost or transadlon value unless oiherwlse slated In the relevant notels) to these accounts. Golng concer The twslees Co[der that there are no materlal nrtaIntleS about the charltys ablllty to contlnue as a going conce¥n, Incoine and endowments Voluntary Income Includlng donatijnsi glftg, legacles and grants that provldè core lundlng or are of a ggnoral nabjre Is recognised Wh tho charlty has entltlement to the Incomo, It 15 probable that the Incoine wlll be reIVed and the amount can be measured wlth sufflclent rdiability. Donatlonsaridlegacles Donatlons and legacles ere recognised on a re[Vable basls when recelpt. Is pi'obBble end the amount tan be relkjbly measured, Grantsrecelvable Grants are recogn15ed when the charlty has an enuileineiit to the funds and any condlllons Ilnked lo the grants have beeii met. Where perf0rrnan condillons are attached to the grant and are yet ta be met, the Intome Is recogniged as a liablllty and Induded on t.he balance sheat as deferred income lo be released. liiyestmeiitliicome Dlvldends are recogntsed once the dlvldend has been dedared and Rotlflcatlon has beei) recelved of the divldend due, Expenditure All expendlture Is recognised once there Is 4 legal or constructlve obllgatlon to that expendlture, It Is probable setyement Is reqLElied and the amount can be measured iellably. All costs are allocated to the appllcable expendllure headlng that aggregate slmllai. costs to that categnry. Where costs cannot be dliectly attwlLwted to partlcular headlngs they have been allocdted on a basls conslstent wlth the u* of resources, wlth central staff costs allocdted on the ba51s of tlme spetil, and depreciatlon charges allocated on the portlon of the asseL's use, Other supporL' costs are allocated based on the spread of staff costs. Page 10
Cornwall Blood Blkes Notes to the Financial Statements for the Year Ended 31 December 2022 (continued) Ralsliig funds These are costs Incurred In aitracting voluntsry Income, the markagement of Investtnents and those ncurred In tradlnu acilvltle5 that ralse funds. eharltable actlvltles Cliarftable expendltUlLJ comprlses those eoslg Incurred by the charlty In the dellvery OF Ils aet114eS aiid seN1th5 for Ils beneflclarles. It Includes both cnsts that can be allocated directly to such acliviues those costs of an Indlrect nature nece55ary to support ihem. Siipport COgt8 Support costs Include cential fLtncllons and l)ave been allocated to actlvlty cost categorle5 on a basls conslstent wlth Ihe use of I'esource5, for example, allttaling property Costs by floor areas, or per t4plla, %Laff r.¢xst5 by the lime spent and other costs by theli. usage. Governai)ce costs These lIKILe the costs attrlbuiable to the chBrlfy's compllance wlth conslltutlonal and statulc>ry requlrements, Indudlng thE Costs of the preparallon and examlnallon of the Statutory accounts, strateglc management and truslee's meellngs and relmbursed expenses. Depreclatlon and amortlsatlun Deprecl8tlon Is prOded tanglble flxed assets so as to wrlte off the cost or valuatlon, less any estlmated r&sldual valiie, c)ver their expected useful economlc life as follows. Asset class Motor Vehlcles Offlte equlpment Depr¢clotion method and rate 25% 1. annum stralght Ilne basls 33Yo rer alln sLraight Ilne bas15 Cash and cash eqylvalents Lash and cash equlvalents comprfse cash on hand and call deposS1s, and other short-terin hlghly Ilquid Investments that are readlly converllble to a known amount of cash and are subject to an Inslgnlficant rlsk of change In value, Fund structure UnrLJsti'lcted Income funds are general funds that are avallable for use at the trustees, dlscretlon In furtherènce of the objectives of the charlty. Flnandal IngtNments Classlflcatloip Flnandal assets and flnanclal Ilabllltles are recognlsed when the charlty becomes a party t() the contractual provlslons of the Instrument. Financial liabilltles and equlty Instruments ale classlfied accordlng lo the wbslar)ce of the contlaclual ari"aiigements entered Into. An equity1n51rument Is any contrart that eviden$ a resldual Interest Sn the assets of L.he charlty after deducting Df Its Ilabllllles. Page 11
Cornwall Blood Bikes Notes to the Flnancial Statements for the Year Ended 31 December 2022 (continued) Recognltlon andmeasl1Meftt All financial assets and Ilablliiies are Inlllally measured at Iransactlon prlce (Includlng tranSiicbon costs), expt for those flnanclal assets classlfled as at falr value through proflt or loss, whlch are Inltlally mea%Lired at falr value (whlch Ss normally the transacllon prlce excludlng transattion costs), unless the arrangement conslilutes a flnandng transaclloii. If an arrangement constitutes a flnanclng transaction, tlie flnandal asseL' or financial liablllw 15 measured Bt the pi'esent value of the future payments dlscovnted at a market rale of InteiEst foi. 4 slmilar debt Insi'rument, Flnanc181 assets and Ilabllltleg al'e On offset In the statement of flnanclal posltion when, and only when there exists a legally enforceab5e rlght to set off tlie I'ecognlsed amounts ar the charlty lTrtend5 ellher to settle on a net basls, or Lo reallse the asset 3nd settle the Ilablllty slmulianeoiislv. Flnancial assets are derecognlsed wheFb and only when al tho contracbjal rlghts to Ihc cash A()WS fi'om 11)e financlal a$5et explre or are settw, b) the charlty transftrs to anotlier party substaiillally all of the rlsks and rewards of ownershlp of the flnandal asset, or c) the charlty, desplLe havlng retalned 50tne, but not all, slgnlflcanl rlsks and reward5 of ownershSp, has Irènsferred o)ntrol of the asset to aholher party. Flnandal Ilabllllles are derec0gn1d only wlien the obllgation spedfkd In the contracl, Is dlscharged, Canlled or explres. Page 12
Cornwall Blood Blkes Notes to the Fiiianclal Statements for the Year Ended 31 December 2022 (continued) 2 Imcome from donatlon5 and leuacles Unrestricted runds Geiiei'al Total 2022 Total 2021 Donatlons and legacles; Donati{S . includlng Street & Superinarket eolleclloiis Graiits, incEIng capltsl grants. Grants from other charltles 120,495 120,495 84,240 120 495 120 495 3 Investment Inconie Unrestrlcted fuiids General Total 2022 Total 2021 Interest re1vable and slmllar Incoma, Interest re1vable on bank deposlls 29 29 li 4 Expendlture on ralslng funds a) Costs of genératlng donations aiid lega¢les Unrestrlcted fui?Ils General Total 2022 Total 2021 AllIKated support o)sls 415 415 Page 13
Cornwall Blood Bilces Notes t¢ the Financlal Stateinents for the Year Ended 31 December 2022 (continued) 5 EKpendlture on charltable ?cts"vitles Unrestricled fui?ds Gertaral Total 2022 Total 2021 Vehicle Related Equlpment Vehide Related Equlpmenl Repolys and malntenance Ir & Communlcailon5 Prlnllng, p051age and sl'atlonery Motor expenges Cleanli)g aNI Consumables Depreclatlon of Inotor vehlcks (Proflt)Iloss on sale ol tangible flxed asset5 held for tharltV5 own use Governance costs 3,591 3,591 232 8,647 119 1.00 1,096 3,617 89,852 149 13,968 loo 1,096 3,617 89,852 149 13,968 2,280 72,895 228 22,062 (2,750) (2,7501 (1,400) 114 898 114 898 111353 6 Analysis of governai?ce and support costs Governan costs Unrestricted runds General Total 2022 Total 2021 Independent examlner fees Examinauon of the financlal st4tements other fees pald to examlners Depreclatlon, èmorllsatlon and other slmllar costs other goveriiance costs 1,325 2,400 284 1,325 2,400 284 1,260 2,300 457 Page 14
Cornwall Blood Bikes Notes to the Flnanclal Statements foy the Year Ended 31 December 2022 (continued) 7 Net incoiniiigloutgolng resourceg Net Incomingl(outgolng) resource5 for tlie year In¢.lude'. 2022 2021 DeprÉciation of fixed a5£èts 8 Trustees ramuneration and expenses No triEStee5, nor any persons connected wlih them, have re1Ve any remunerallon flom the charlty durlng the year. Trustees were relmbursed mlleage costs durlng the year totalllng É766.00. No trustees have recelved any other benellts from tlie charlty durlng the year. 9 Xndepèndettt examlner'8 reMUeratlon 2022 2021 Examlnallon of the flnandal statements Other fees to exaniliiers All other servlces IOTaxatlon The charlty Is a reglstered charlty and Is thwefore exempt from taxation. Page 15
Cornwall Blood Bikes Notes to the Financial Statements for the Year Elided 31 December 2022 (contlnued) IITynglbl8 flxed a$sets Furnltuya and equipmont Mtstor vehlcl8S Total Cost At l January 2022 Addltions Dlsposals 1,785 108,800 15,368 110,565 15,368 At 31 December 2022 129 893 131678 D6preelatlon At l January 2022 Charge for the year Ellmlnated oli d15posals 1,217 94,779 13,968 95,996 14,252 At 31 December 2022 114472 115 973 Net bool( value At 31 Decen)ber 2022 284 At 31 DeIllber 2021 568 12 Debtors 2022 2021 Prepayments Other debtors 4,479 4,941 13 Cash and cash equivalents 2022 2021 Casl) at bank 163 42J 153 822 Page 16
Cornwall Blood Bikes Notes to the Flnancial Statements for the Year Ei)ded 31 December 2022 (continued) 14Credltors: ainounts falllng due wltl)li) oiie year 2022 2021 other credltors Accruals 8,922 6,482 15 Related pxrty transactions There were no related party transactlons In tl)e year. 16Controlling entity The trustees of the Charlty have day to day coiitrol over actlvltles. However, they are subject to the declsk)ns taken by members at general meetings. There are CLtrrellLly 61 volvnlÈer Mebers. 17Funds alance at 31 Deceinb8r 2022 balance at i January 2022 Incomlng reBourco5 Resourcss expended UnstrICted funds General i?0 775 120 524 115 313 175 986 18Nembers' Ilabllity The organlsatlon Is an uii1ncorpated assodallon and as such Its members cali be held Ilable for any of tho assodatlon's obllgailons and debts on closure, A118blllty Insuran has been taken out to cover Its members, Page 17
Cornwall Blood Bikes Notes to the Flnanclal Statements for the Year Ended 31 December 2022 (continued) 19 Analysls of net assets betw¢en funds Total funds at3L December 2022 Unrestrlcted furtds General Taiigible fixed assets Current asse.ts Current liabillttes 15,705 172,000 15,705 172,000 Total net ?5sets 175 986 17J 986 Page 18