Charity regi5tratlon number.. 1141261 The Blue Ribbon Foundation Annual Report and Ftnanclal Statements for the Year Ended 31 December 2023 Field Sullivan Llmlted 9 Ware & Billet Blackheath SE3 ORB
The Blue Ribbon Foundatlon Contents Icontlnuedl Reference and Admlnlstratlve Detalls Tru5tee5' Report 2to4 lfidependent Examlnerfs Report Statement of Flnanclal Activitie5 Balance Sheet Notes to the Flnancial Statements 8t016
The Blue Rlbbon Foundatlon Reference and Admlnlstiative Detalls Trustees Angela Brignell Ellzabeth Mac8ean Jonathan PrSnce Chaiity Reglstratlon Number 1141261 Princlpal Offl Crofton House S Morley Close Orpin8ron Kent BR6 8JR Indèpendent Examlner Field Sulllvan Limited 9 Hare & 8illet 8lackheath SE3 ORB Bankers Nat West Bank plc 143 Hlgh Street Bromley BRI IYZ Page I
The Blue Ribbon Foundatlon Tru5tee5' Report The trustees present the annual report together with the flnanclal statements of the charlty for the year ended 31 December 2023. Introdu¢tlon Nationally. men's health Is a growing issue partlcularty wlth diabete5, prostate cancer, heart di5ea5e. strokes, obesity and many others and our goal 15 to continue our messages to men that with some lifestyle changes, often 'small' changes they can Ilve longer and healthier, We do not want to deliver fearful messages rather messages that connect with men dellvered In an appropriate manner. Income came from varlous source5 but mainly from the generosity of the UK public and the delivering of men's health and wellbelng talks lor comrnercial organisatlons. During 2023, we continue to develop our understanding of men's health and how men In vèrious ag@ bands, ethnicities. and educ8tion approach it. We still lack scale, unlSke the bigger charltles such as Prostate UK and have made decisions that support our sile and minimise rlsk. We wlll continue to pilot ideas our locus in 2023 has been around the growing number of enquiries we got to hold rnen's health and wellbeing talks and the Income we receive as a result and that has allowed u5 have a new webslte deslgned and to contlnue to develop our soclal media. Oblectlves and Actbvltle5 01 the Charlty A summary of the objects of the charity as set out In Its Bovefning document. The Charity is reg5sted in the name of the Blue Rlbbon Foundatlon. It Is an educatlonal trust and its misslon Is to educate men and thelr partner5 to the beneflts of livlng a 'healthy' life, looklng alter themselves and also where P05$1ble to fund projects that brln8 Dur me55aBes directly to men. Publ1¢ beneNt that15 provlded by the th8rlty The charity has been established to inform men of the dangers to their health and wellbein8. We consider our work to be for the publlc benefit as defined by the Charity Commisslon, and for the benefit of society. Nationallyj men's health Is a growing concem as It Is often said 'men don't do health, well at least 'm8ny mend don't do health,. Our g081 is to help to change this, not only for the benefit of the men themselves but also for thelr partners and family. We want men to Ilve to thesr old age in a healthy and happy mannerl Achlevement$ and performance The growrh in our rnen's health and wellbelng talks durlng November saw u5 dellver 12 talks alone. We have continued our SUPPDrt of the Downham Men's Group project COllS1Sting of a weekly men's 8roup and a men's over 50's walking football group. The foundation contlnues to manage St5 flnances prudentty with admlnlstratlon costs being kept to an absolute minimum. During the year the charity's actlvltles have been solid with little real growth but it doe5 not apply for grants as many charitles do, thus we contlnue to hold reserved over the 5ugge5ted limit5 of the Charities Cornmission. Pa8e 2
The Blue Rlbbon Foundatlon Trustees, Report leontinued) The trustees are satisfled wlth the performance of the charity during the year and the positson at 31 December 2023 and conslder that the charity Is in a strong position to continue its acrlvities during the coming year, and that the charity's assets are adequate to fulfil it5 obligation5. Structure, Governance and Management A Deed of Trust dated 16 December 2010 and amended on 22 March 2011 constitutes the charlty. The charlty was re8lStered with the Charity Commission on 8 April 2011. The objects ol the charlty are shown above. The members of the 8oard of Trustees of the Charity at the date the report and accounts were approved were.. Mr Jonathan Printe Mrs Elizabeth MacBean Mrs Angela Brlgnell The methods adopted lorthe récruliment ond oppolntment of new trustees After dlscussion. the trustees have agreed not to actively look to appoint further trustees unle5S the opportunity occurs. F5nanclal Revlew The Blue Ribbon Foundatlon's flnances, for the slze ol the charlty, are currently good. We have total funds of É70,13512022.. £65,9631. The fund5 are broken down a5 follows.. Desi8nated Funds £13.50012022.. £24.5501 Restricted Funds £2.15012022.. £10.2921 Unre5tri£ted Funds,. £54,48512022- £31.1211 Reserves Poll<y The Trustees alm io maintaln free fe5erve5 ITh unrestricted funds at a level which equates six month5 unrestricted charltable expenditure. The Tnjstees consider that this will give sufficient funds to cover any unforeseen day-to-day operatlonal costs and any unforeseen emergency or other unexpected need for funds. The reserves held at 31 Oecember 20Z3 were E54,249 12022.. E30,6491 compared to a target of £6,571 12022: £2,481). Page 3
The Blue Rlbbon Foundatlon Trustees, Report (contlnuedl The Ilnanclal statements are set out on pages 6 to 14. These have been prepared In accordance with Accountlng and Reportlng by Charlties: Statement of Recommended Practice applicable to charitie5 preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of1reland (FR5 1021 (effective l January 20191 Icharltles SORP IFRS 1021 Second edition October 20191, the Financial Reporting standard applicable In the UK and Republic of Ireland IFRS 1021. As srated in the introduction to thi5 report, the trustees consider the financial performance by the chariry durSng the year to have been 5atlslactory. Slatement ol Trustees. Responslbllltle5 The trustee5 are responsible for preparing the trustee5' report and the flnancbal staternents in accordance wlth the United Kin8dom Accountlng Standards Iunited Kingdom Generally Accepted Accounting Practice) and applScable law and regulations. The law appllcable to charltles requlre5 the trustees to prepare flnanclal statements for each flnancial year whlch glve a true and falr vlew of the state of affairs ol the charlty and of the Incomlng resources and applicatlon of resources of the charlty for that perlod. In preparin8 these flnanclal statement5, the trustee5 are requlred to.. select suliable accounting policies and then apply them £onsistently', obsekve the methods and princlples In the Charftles SORP,. make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any malerlal departures disclosed and explained in the financial statements,. and prepare the linanclal statements on the golng concern basls unless It Is Inappropriate to presume that the charity wlll contlnue in buslnes5. The trustee5 are responsible lor keepng Proper accountln8 record5 that disclose with reasonable accuracy at anv tlme the flnancial posltion of the charity and enable them to ensure that the financial statements comply with the CharSties Act 2011, the Charities (Accounts and Report51 Re8ulatlon$ 2008, and the provisions of the constitution. The trustees are a150 responsible for safeguarding the assets of the charity and hence for takln8 reasonable steps for the prevention and detection ol fraud and other Irregularities. The trustees are responsible for the maintenance and Integrlty of the corporate and linanclal informatlon included on the charitable company'5 website. Leglslatlon governlng the preparation and dlssemlnarlon of financi31 statement5 may dlffer from legislatlon in otherlurlsdlctlons. Thea ual Teport was approved by the trustees of the charsty on 12 February 2024 and slgned on Its behalf by.. Jonatha Trustee Page 4
The Blue Rlbbon Foundatlon Independent Examiner's Report to the trustees of The Blue Ribbon Foundation I report to the charity trustee5 on rny examination ol the accounts ol the charity lor the year ended 31 December 2023 which cornpri5e the Staternent of Financial Activitles. the 8alance Sheet and related notes. This report is made solely to the chaTlt¢s trustees, as a bodyj In accordance with section 145 of the Charitie5 Act 2011. My work has been undertaken so that I mi8ht state to the charity's trustee5 those matters l am requlred to state to them in this report and for no other purpose. To the fullest extent permitted by law. I do not accept or a55ume responsibi15ty to anyone other than the charlty and the charll¥'S trustees as a body, for my work, lor this report, or forthe oplnlons I have formed. Responslbllltles and basls of report A5 the charity trustees of The Blue Rlbbon Foundation you afe responsible for the preparation ol the accounts Sn accordance wlth the requirements ol the Chariiles Act 20111'rhe ACVI. I repoft In respett of my examSnation of the The Blue Ribbon Foundation's account5 carried out under section 14S of the 2011 Act and In c8rrylng out my examination I have followed all the applicable Directions given by the Charity Commlsslon under $tIOn 14515llbl of the Act. An Independent examination does not involve gatherir*g all the evidence that would be required in an audit and consequently does not cover all the matter5 that an auditor considers in giving their opinion on the financial statements. The plannlng and conduct of an audit goes beyond the limited assuran that an independent examinatlon £an provide. Consequently l expre55 no opinion a5 tc whether the financlal statements preseni a 'true and falrf vlew and my report is limited to those specific matters set out in the independent examlnerfs stètemellt. Independent ex8mlnerfs statemont I have completed my examination. I conflmi that no material marters have come to my attentlon in connection with the examlnatlon 8lvln8 me cause to belleve that In any material respect.. l. accountlng records were not kept in respect of The Blue Ribbon Foundation as required by section 130 01 the Act,. or 2. the flnancial statements do not accord wlth those records,. or 3. the financial statements do not comply with the accountinB requirements concerning the form and content of accounts set out In the Ch)rities (Accounts and Report51 Regulations 2008 other than any requirernerEt that the accounts 8lve a 'true and fair view, which is not a rnatter considered as part ol an independent examinatlon. I have no concerns and have come across no other matters in connection wlth the examlnatlon to whlch attentlon should be drawn In thls ort in order to enable a proper understandin8 of the accounts to be reached. Tim Sullivars FCA Field Sullivan Limited 9 Hare & Billet Blackheath SE3 OR8 Date.. Page 5
The Blue Rlbbon Foundatlon St•tement of Flnaficlal Actlvitle5foT the YeDr Ended 31 December 2023 Totsl 2015 Tot¥1 2022 Unwestritted Restrkied UNestYl¢ted Restrfcttd IIDte Incorn•and Endowment5fron OoDatims leg4cles Chariiable aclIeS 22.187 3,16S 4.708 26.895 3,266 6,lQ3 3,386 J6,875 22,978 1,386 Total Income 25,453 4.708 30,161 9,4U9 11,875 26,364 Ch4rltèble 12.765 12A50 25.615 4,962 15,379 20J41 Total expendlture 13.139 12.850 25.989 4.962 IS.379 20.341 Netmo¥emÈntlfi funds 12,314 4,172 4527 1,496 6,023 Rocwclllatlonolfvnd5 Ttstal tunds bKhtforIVard 55.671 10.292 65.963 51.144 8,796 59.940 Totallunds calrlpd lurward Is 67,985 2.150 70,135 55,671 10,292 65,963 All of the thailtvs athvEuÈider1YÈfrom con16 aper4t10tsdrlngip lboye two perlod& The funds brEakdowfi lur 20221s shown In nllte IS. Thenr>tèsonpa8es8tO l6foim anlnteiral wiof theseflrtaNJa ststèmèits. Page6
The Blue Rlbbon Foundatlon (Reglstration number: 11412611 Balance Sheet as at 31 December 2023 2023 2022 Note Fl¥ed assets Tangible assets io 236 472 Current asset5 Debtor5 li 1,767 70,420 353 Cash at bank and In hand 12 65.900 72,187 66,253 Crèdltors- Amounts falllng due wlthln one year 13 12,2881 17621 Net current assets 69,899 65,491 Net asset5 70,135 65,963 Fund5 of the charlty.. Reslrlcted Incomè lunds Restricted funds 2,150 10,292 Uniestii¢ted In¢ome funds Oesignated fund5 General funds 13,500 54,48S 24,550 31,121 Total unrestrlcted funds 67,985 55.671 Total fvnds 15 70,135 65,963 The fi 2024 clal statements on pages 6 to 16 were approved by the trSleeS, and authorlsed for Sssue on 12 February Igned on thelr behalf by.. Jonathan Trustee illce The notes on page5 8 to 16 form an integral part of these financial statement5. Page 7
The Blue Ribbon Foundatlon Notes to the Flnanclal Statements for the Year Ended 31 December 2023 I Charlty status The charlty is domiciled in En8land and Wales. The address of it5 registered office 15: Crofton House S Morley C105e BR6 8JR These hnanclal statements were authorlsed for issue by the trustees on 12 Feb¥uary 2024, 2 A<¢ountln8 poll<le$ statement of compllan¢e The flnanclal statements have been prepared In accordance wlth Accounting and Reporting by Charitle5'. Statement of Recommended Practice applicable to charitSes preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191 Ichariiies SORP (FR5 1021- Second edition October 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFR5 1021. They also comply with the Companies Act 2006 and Charitle5 Act 2011. Basls of preparatlon The Slue Rlbbon Foundatlon meets the deflnltlon of a publlc beneflt entlty under FRS 102. The accounts Ifin3ncial statements) have been prepared under the hlstorlcal cost convenrlon with items recoEnlsed at cost or tiansaction value unless otherwlse stated In the relevant notelsl to these account5. Golng concern The trustees consider that there a no material uncertaintie5 about the charky's ablllty to continue as a going concern. Judgements and key source5 of estlm8tlon uncertaSnty In the application of the charitV'5 accounting policle5. the trustees are requlred to make judgements, estSmates and assumptions about the carrying amount of assets and liabilitle5 that are not ieadlly apparent from orher sources. The estimates and associated as5umptlon5 are based on historical experience and other factors that are consldered to be relevant. Actual results may dlffer Irom these estlmates. The estimates and underlying a55umption5 are revlewed on an ongolng basls. Revlsions to accounting estimates are ie¢08nlsed the periods in which the estlmate Is revlsed where revisions affects only that period. or in the period of the revlslon and future perlods where the revlslons affects both current and future periods, Pa8e 8
The Blue Ribbon Foundation Notes to the Financlal Statements for the Year Ended 31 December 20231contlnuedl Income and endowments Volulltary Income includin8 donations. gifts, legacies and grants that provide core fundlng or are Df a general nature 15 reco8nised when the charlty ha5 entitlement to the Income, Ir Is probable that the Income wlll be received and the amount can be measured with sufficient reliability. Donotlons and leuucles Donation5 and legacies are recognised on a recelvable basls when recelpt is probable and the amount can be rellably measured. Grunts recelvtsble Grants are recognised when the charity has an entitlernent to the funds and any conditions linked to the Èrants have been met. Where performance condStSons are attached to the grant and are yet to be met, thÈ income Is recognised as a liability and included on the balance sheet as deferred income to be released. Expendlture All expenditure ts recognised once therè is a legal or constructive obligation to that expendlture, it Is probable settlement is required and the amount con be measured rellably. All costs are allocated to the applicable expenditure headlng that aggregate simllar costs to that category. Where costs cannot be directly attributed to partlcular headings they have been allocated on a ba515 conslstent wlth the use of resources, wlth central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portlon of the asset's use. Other support cost5 are allocated based on the spread of staff costs. Rtslslng Junds These are costs Incurred In attractlng voluntary income, the management of investments and those incurred in trading activities that raise funds. Chorltable #¢tlvltles Charltable expenditure comprlses those eogts ificurd by the charity in the delivery of its 3Ctiv¢ties and services for its benelicSaries. It includes both costs that ean be allocated d¢rectly to such activities and those costs of an indirect nature necessary to support them. SuppDrt co$ts Support costs Include central functlon5 and have been allocated to activity cost categories on a basis conslstent with the use ol resources, lor example. allocatlng property costs by floor areas. or per capita, staff costs by the tlme spent and other costs by their usage. Page 9
The Blue Rlbbon Foundatlon Notes to the Financial Statement5 for the Year Ended 31 December 2023 (contSnuedl Taxatlon The charity Is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meet5 the definltion of a charStable company for UK corporation tax purpose5. Accordingly. the charlty Is potentially exempt from taxation In respect of income or capital galns reeelved wlthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxatlon of Chargeable Gains Act 1992, to the extent that such Income or galns are applied exclusively to charitable purpose5. T4n8lble fixed ¥ssel$ IndlvSdual Ilxed asset5 COStSn8 £IOD or more are InItlal recorded at cost, less any subsequent accufflulated depreclatlon and 5ub5equent accumulated Impairment10sses. Depreclatlon and amortlsatlon Depreciation is provlded on tan6ible fixed assets so as to write off the £05t or valuation, les5 any estimated resldual value. over their expected useful economic life as follow5.. Asset cla55 Office equlpment Deprètlatlon method and rate 3 year straight line Trade debtors Trade debtor5 are amounts due from cu5torners for merchandlse sold or servlces performed In the ordlnary course of buslness. Trade debtors are reeognlsed inltially at the transactlon prlce. They are subsequently measured at amortised cost usln8 the effectlve interest method. less provlslon for impaSrment. A provlslon for the Impalrment ol trade debtors is established when there Is oblectlve evidence that rhe charlty wlll not be able to collect ill amount5 due accordln8 to the orl8lnal terms of the recelvables. Cash and cash eqtslvaltnts Cash and cash equivalellts comprise cash on hand and call deposits, and other short-term highly liquid inve5tment5 that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade credltor5 Trade credltors are recognised inltlally at the transactlon price and subsequently measured at amortlsed cost uslng the effective Interest method. Short term trade creditors are measured at the transactSon prlce. Other flnanclal IlabllStles, inclucllng bank loans, are measured Inltlally at fair value, net of transaction costs, and are measured subsequently at amortlsed cost uslng the effectlve Interest method. Page 10
The Blue Rlbbon Foundatlon Notes to the Flnanclal Statements for the Year Ended 310ecember 2023 (continued) Fund structure Llnrestricred incorne fund5 are general funds that are available fDr use at the trusrees discretion in furtherance of the oblectlves of the charity. Designated funds are 4Jnrestricted funds set aslde for specifSc purpose5 at the dlscretlon of the trustees. Restricted income funds are those donated for use In a particular aiea or for speclfic purposes. the use of whlch Is restricted to that alea or purpose, 3 Income from donatlons and legacles Unre5trlcted Total 2023 Total 2022 General Restrl¢tgd Donations and legacles,. Appeals and donations Grant5, including capital grants; Giants other agencies Merchant Taylors Groundwork UK 21,887 21,887 5,503 300 300 12,300 500 London Catalyst Smart I 3.000 250 South London & Maudsley NHS Belllngham Community Shepherds Friendlv Plnk Ribbon Foundalion 800 275 loo 250 The Lee Charlty of Willlam Haicliffe 4,708 4,708 22,187 4.708 26,895 22.978 4 Income from charlt8ble a¢tlvities Unrestricted Total 2023 Total 2022 General Fundrai51ll8 3.266 3,266 3,386 Page 11
The Blue Rlbbon Foundation Note5 to the Flnanclal Statements for the Year Ended 31 December 2023 {contlnued) S Expendlture on ralslng funds al Costs of generatlng donatlons and lega¢les Total 2023 Other fundraising costs 374 6 Expenditure on tharltable 8ctlvltles Yotal 2023 Total 2022 Freelar5cers 12,951 275 12,365 Charitable donations PrornotinE awareness Support costs 10,055 2,334 5.935 2,041 25.615 20,341 7 An8lysls of support costs Total 2023 Total 2022 Depreclatlon, amortSsatlon and orher slmllar cost5 Insurance 236 236 114 63 Telephone and fax Prlntlng, postage and statiorsery Subscrlptlons Sundries 72 72 95 372 346 407 562 Travel and subsistence 246 Independent exarniner 792 762 2,334 2,041 Pa8e 12
The Blue Rlbbon Foundation Notes to the Flnan¢lal statements for the Year Ended 310ecember 2023 (continued) Trustees remuneratlon and expenses During the year the charity made the followlng transactlons with trustees.. Jonathan Prlnce £45712022.. £Nill of expenses were reimbursed to Jonathan Prince during the year. No trustees, nor any persons connected with them, have received any remuneration from the charity durlng the vear. No trustees havè receSved any other benefhs from the chartty during the year. 9 Taxatlctn The charity Is a reglstered charSty and is therefore exempt from taxation. 10 Tanglble fljtod as$et$ Furnlture and èqulpment Total Cost At l January 2023 708 708 At 31 December 2023 708 708 Dtpyetlatlon At l January 2023 Charge for the year 236 236 236 236 At 31 December 2023 472 472 Net bookvalue At 31 December 2023 236 236 At 31 December 2022 472 472 11 Oebtors 2023 2022 Prepayments 1.767 353 Page 13
The Blue Ribbon Foundatlon Notes to the Flnan¢lal Statements for the Year Ended 31 December 2023 (continued) 12 Cash and cash equlvalènts 2023 2022 Cash at bar*k 70,420 65,900 13 Credllors.. Bmount5 falling due wlthln one year 2023 2022 Trade creditors 1.296 992 Acciuals 762 2,288 762 14 Rel8ted party transartlons There were no related party iransactlons In the year. IS Funds Current yeor Balanre at 31 Balance at I January 2023 In¢omlng resour£es Resources expended December Transfers 2023 Unrestilcied Generol General Funds 31,121 25,453 17391 11,3501 54.485 Desl9nryted Contingency Fund 24,550 112,400 1,350 13,500 Total unre5tri£ted 55,671 25,453 113,1391 67,985 Re5trlcted Downham Men's Group 10,292 4,708 112,8501 2,150 Total funds 65.963 30,161 125,9891 70.135 Page 14
The Blue Rlbbon Foundatlon Notes to the FSnanclal Statements for the Year Ended 31 December 2023 Icontlnuedl Prevlou5 year 8alance at 31 Balance at I January 2022 Incomlng resourfes Resources expended December Transfers 2022 Unrestrlcted Geneml General Funds 51,144 9,489 14,9621 124,5501 31,121 Deslgnated ContinEency Fund 24,550 24,550 Total unrestrlcted 151,1441 19,4891 4,962 ISS,6711 Restrlcted Downham Men's Group 8,796 16,875 115.3791 10.292 Total funds 59,940 26,364 120,3411 65,963 The specifie purposes for which the funds are to be applled are a5 follows: Funds received from Groundwork, Merchant Taylors. SLAM NHS Trust, Belllngham, London C3taly5t and The Lee Charlry ol William Hatcliffe to support the Downham Men's Grtsup project. Deslgnated funds to cover what is expected to be spent on projects and general maintenance over the next twelve months. 16 Analysls of net as$et$ between funds Curient ye8r Total lund5 at 31 December 2013 Unrestrlcted fvnds General De51gnated Restrlctèd lunds Tangible fixed a55ets Current assets 236 236 56,537 2,2881 13.500 2,150 72,187 12,2881 Current liabilitles Total net assets 54,485 13,500 2.150 70,135 Page 15
The Blue Rlbbon Foundatlon Notes to the Flnancial Statements for the Year Ended 31 December 2023 {contlnued) Prevlous year Total lund5 at 31 December 2022 Unrestrl¢d fund5 General Deslgnatsd Restrl¢ted funds Tangible fixed as5et5 Current assets 472 472 31,411 17621 24,550 10,292 66.253 17621 Tot81 net assets 31,121 24,550 10.292 65,963 Page 16