Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
Charity registration number: 1148402
## Lincolnshire Emergency Blood Bikes Service
Annual Report and Financial Statements for the Year Ended 31 March 2025
Forrester Boyd Waynflete House 139 Eastgate Louth Lincolnshire LN11 9QQ
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Statement of Trustees' Responsibilities|5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 16|
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
||**Reference and Administrative Details**|
|---|---|
|**Chairman**|N Wright|
|**Trustees**|P Male|
||R Brunswick|
||N Wright|
||K Pearson|
|**Charity Registration Number**|1148402|
|**Principal Office**|75 High Street|
||Harlaxton|
||Grantham|
||NG32 1JA|
|**Independent Examiner**|Forrester Boyd|
||Waynflete House|
||139 Eastgate|
||Louth|
||Lincolnshire|
||LN11 9QQ|
Page 1
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2025.
## **Trustees**
J Taylor, Treasurer (resigned 1 September 2024)
M Gardner (resigned 6 April 2025)
P Male R Brunswick N Wright K Pearson (appointed 16 June 2025)
## **Structure, governance and management**
## _**Nature of governing document**_
The Charity is governed by a constitution adopted on 2 February 2012 and amended on 8 October 2017. It is an unincorporated association with over 140 members, led by a management committee of trustees. Trustees are appointed or reappointed annually at the Annual General Meeting held annually.
To serve as an operational volunteer, riders and drivers must be over 25 years of age, or as specified by our insurers. Motorcycle riders must hold an advanced riding qualification, police certificate, RoSPA or IAM, and be checked or re-tested every three years. All operational volunteers must undergo a DBS check.
## **Objectives and activities**
## _**Objects and aims**_
The charitable object of LEBBS set out in our constitution is:
To relieve sickness and protect health by the provision of transport of urgently needed blood, drugs, human tissues and other medical requirements between hospitals and blood transfusion banks primarily but not exclusively in Lincolnshire.
## _**Objectives, strategies and activities**_
During the last financial year, we have continued to support the NHS in Greater Lincolnshire and beyond, by transporting blood products, pathology samples, essential drugs, medical supplies, and human breast milk. These courier duties are undertaken by our volunteer’s day and night during weekends and bank holidays throughout the year, as well as by specific request, and subject to availability at other times, effectively operating a 24 hour 7 days a week service In addition, we support the Lincolnshire and Nottinghamshire Air Ambulance by transporting blood supplies to the Air Ambulance base at Waddington from Lincoln County Hospital daily. In doing so, we have been working in partnership with Nottinghamshire Blood Bikes, whose volunteers transport blood plasma from the Queen's Medical Centre in Nottingham. This has reverted back to us collecting and delivering back to Lincoln County and Nottingham Blood Bikes are no longer used.
Our membership of the Nationwide Association of Blood Bikes (NABB) allows us to maintain partnerships with the other blood bike charities across the UK and join with them in relays to transport urgent supplies across the country when required.
Page 2
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Trustees' Report (continued)**
## _**Use of volunteers**_
LEBBS has no paid staff, nor does it have any premises. This ensures that our overheads are very low, and all charitable donations are used to fund our activity. Our volunteers are a vital part of everything we do and we are grateful for their continued loyalty and support, and for the many hours of unpaid work they undertake on the charity’s behalf.
## **Achievements and performance**
## _**Key non-financial performance indicators**_
Whilst there have been some committee changes this year we now have a stable committee totally committed to moving the charity forward. Although as with any committee of size there will inevitably be some changes as time progresses.
During the year, in addition to our regular activities, we have:
- Reviewed our IT provision, built a new website, which we continue to develop, and moved to Microsoft's 365 suite of programmes to benefit from their support for small charities and the additional security that this platform provides.
- Returned to holding Committee and trustees' meetings every month, by Teams and quarterly on a face to face basis. - Returned to face-to-face fundraising, with attendance at supermarkets, banks, and outdoor events, and giving talks to supporters.
- Joined the quarterly NABB Safety Forum, to ensure that we benefit from best practice in supporting the health and safety of our volunteers.
- Adopted new policies and procedures, including a Financial Policy
- Following a very successful year we now have a fleet of appropriate vehicles in good order allowing us to meet increasing NHS demand however it will remain important to review and update our fleet as appropriate it will be vital that we continue to approach major donors for funding to support this.
- Reviewed our training and induction processes. This will include induction courses every 3 months and now includes the use of an online module for a key aspect of our work.
## **Financial review**
Prudent financial management has enabled us to retain total unrestricted reserves of £172,459 comprising fixed assets, and held as cash at bank. LEBBS' Trustees consider this to be sufficient to cover 12 months' expenditure. Our Financial Policy specifies that we will retain a minimum cash balance of the previous financial year's expenditure, plus 5%. Against this, we will also ensure that the balance does not fall below £50,000, except in exceptional circumstances where such expenditure is essential in the short term to maintain the provision of operational services.The high fuel prices remain a cause for concern but regular monitoring of prices has lead to a change of the main supplier for fuel.
We are very grateful to local businesses, groups, charities, and individuals for their support and donations during the year and we are now back to attending fundraising events and carrying out charity talks.
Page 3
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Trustees' Report (continued)**
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
To enable us to continue to operate efficiently and effectively, we need to maintain a fleet of reliable and safe cars and motorcycles, as stated earlier our fleet is now in good order but remains under regular review. The fleet will inevitably require regular updates to meet increasing NHS demand and this will require us to seek significant donations from corporate donors and grant-giving bodies.
In line with a previous members vote we are still progressing with the change to Charitable Incorporated Organisation (CIO) status.
## **Financial instruments**
## _**Objectives and policies**_
The charity's activities expose it to several financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity's policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
21-Aug-2025 | 10:26 BST The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... N Wright Chairman and trustee
Page 4
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
21-Aug-2025 | 10:26 BST
Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... N Wright Chairman and trustee
Page 5
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Independent Examiner's Report to the trustees of Lincolnshire Emergency Blood Bikes Service**
I report to the trustees on my examination of the accounts of Lincolnshire Emergency Blood Bikes Service for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of Lincolnshire Emergency Blood Bikes Service you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Lincolnshire Emergency Blood Bikes Service's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of Lincolnshire Emergency Blood Bikes Service as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Adam Millson ACA ICAEW
Waynflete House 139 Eastgate Louth Lincolnshire LN11 9QQ
21-Aug-2025 | 11:46 BST Date:.............................
Page 6
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Statement of Financial Activities for the Year Ended 31 March 2025**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Other income
5
Total Income
**Expenditure on:**
Raising funds
6
Charitable activities
7
Total Expenditure
Net income
Gross transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
16
**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
Other income
Total Income
**Expenditure on:**
Charitable activities
7
Total Expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
16|**Unrestricted**
**£**
87,543
3,382
1,752
642
93,319
(246)
(69,185)
(69,431)
23,888
4,190
28,078
103,695
131,773
**Unrestricted**
**£**
44,307
3,496
1,846
527
50,176
(54,485)
(54,485)
(4,309)
108,004
103,695|**Restricted**
**£**
-
45,000
-
-
45,000
-
(4,314)
(4,314)
40,686
(4,190)
36,496
4,190
40,686
**Restricted**
**£**
-
-
-
-
-
(1,776)
(1,776)
(1,776)
5,966
4,190|**Total**
**2025**
**£**
87,543
48,382
1,752
642|
|---|---|---|---|
||||138,319|
||||(246)
(73,499)|
||||(73,745)|
||||64,574
-|
||||64,574
107,885|
||||172,459|
||||**Total**
**2024**
**£**
44,307
3,496
1,846
527|
||||50,176|
||||(56,261)|
||||(56,261)|
||||(6,085)
113,970|
||||107,885|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 16.
The notes on pages 9 to 16 form an integral part of these financial statements. Page 7
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **(Registration number: 1148402) Balance Sheet as at 31 March 2025**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
14
**Creditors: Amounts falling due within one year**
15
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
16
**Unrestricted income funds**
Unrestricted funds
**Total funds**
16|**2025**
**£**
75,250
21,773
76,236
98,009
(800)
97,209
172,459
40,686
131,773
172,459|**2024**
**£**
37,842
6,552
65,557|
|---|---|---|
|||72,109
(2,066)|
|||70,043|
|||107,885|
|||4,190
103,695|
|||107,885|
21-Aug-2025 | 10:26 BST The financial statements on pages 7 to 16 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... N Wright Chairman and trustee
The notes on pages 9 to 16 form an integral part of these financial statements. Page 8
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **1 Accounting policies**
## **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 October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Lincolnshire Emergency Blood Bikes Service meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements are prepared in Sterling which is the functional currency and have been expressed rounded to the nearest pound.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## _**Charitable activities**_
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.
Page 9
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **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.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including independent examination, strategic management and trustees’s meetings and reimbursed expenses.
## **Tangible fixed assets**
Individual fixed assets costing £250 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
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:
**Asset class** Motor vehicles
**Depreciation method and rate** 25% reducing balance
## **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.
## **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 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.
are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
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.
Page 10
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **2 Income from donations and legacies**
|Donations and legacies;
Collection
Donations
Gift aid reclaimed|**Unrestricted**
**General**
**£**
15,427
71,947
169
87,543|**Total**
**2025**
**£**
15,427
71,947
169
87,543|**Total**
**2024**
**£**
11,088
30,678
2,541|
|---|---|---|---|
||||44,307|
## **3 Income from charitable activities**
## **Unrestricted**
|Membership
Grants receivable
**4**
**Income from other trading activities**
Trading income;
Sales of goods and services
**5**
**Other income**
Bank interest receivable|**General**
**£**
3,382
-
3,382|**Restricted**
**£**
-
45,000
45,000
**Unrestricted**
**funds**
**General**
**£**
1,752
1,752
**Unrestricted**
**funds**
**General**
**£**
642|**Total**
**2025**
**£**
3,382
45,000
48,382
**Total**
**funds**
**£**
1,752
1,752
**Total**
**2025**
**£**
642|**Total**
**2024**
**£**
3,496
-|
|---|---|---|---|---|
|||||3,496|
|||||**Total**
**2024**
**£**
1,846|
|||||1,846|
|||||**Total**
**2024**
**£**
527|
Page 11
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **6 Expenditure on raising funds Costs of trading activities**
|**Note**
Local fundraising costs|**Unrestricted**
**General**
**£**
246
246|**Total**
**2025**
**£**
246|
|---|---|---|
|||246|
## **7 Expenditure on charitable activities**
## **Unrestricted**
|**Note**
Motor costs
DBS fees
Insurance
Morrisons grant bike repairs
Repairs
Just giving charges
Depreciation of tangible fixed assets
(Profit) / loss on sale of tangible fixed
assets
Telephone and fax
Computer software and maintenance
costs
Printing, postage, stationery and
telephone
Sundry
PayPal fees
Independent Examiner’s
remuneration|**General**
**£**
35,124
559
1,045
-
16,832
135
11,811
(2,545)
243
137
183
4,130
71
1,460
69,185|**Restricted**
**£**
-
-
-
-
-
-
4,314
-
-
-
-
-
-
-
4,314|**Total**
**2025**
**£**
35,124
559
1,045
-
16,832
135
16,125
(2,545)
243
137
183
4,130
71
1,460
73,499|**Total**
**2024**
**£**
29,854
605
1,074
780
10,231
180
11,426
(2,831)
189
1,248
291
2,467
57
690|
|---|---|---|---|---|
|||||56,261|
Page 12
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **8 Net incoming/outgoing resources**
Net incoming/(outgoing) resources for the year include:
|(Profit) / loss on disposal of tangible fixed asset
Depreciation of fixed assets|**2025**
**£**
(2,545)
16,125|**2024**
**£**
(2,831
11,426|
|---|---|---|
## **9 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **10 Staff costs**
There were no employees receiving remuneration during the year
## **11 Independent examiner's remuneration**
Examination of the financial statements
|**2025**
**£**
1,460|**2024**
**£**
690|
|---|---|
## **12 Tangible fixed assets**
|**Cost**
At 1 April 2024
Additions
Disposals
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
Eliminated on disposals
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024|**Motor**
**vehicles**
**£**
106,236
57,716
(33,527)
130,425
68,395
16,125
(27,822)
56,698
73,727
37,841|**Office**
**Equipment**
**£**
-
1,523
-
1,523
-
-
-
-
1,523
-|**Total**
**£**
106,236
59,239
(33,527)
131,948
68,395
16,125
(27,822)
56,698
75,250
37,841|
|---|---|---|---|
Page 13
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
|**13 Debtors**
Prepayments
VAT recoverable
**14 Cash and cash equivalents**
Cash at bank
**15 Creditors: amounts falling due within one year**
Trade creditors
Accruals
**16 Funds**
**Balance at 1**
**April 2024**
**£**
**Incoming**
**resources**
**£**
**Unrestricted funds**
**_General_**
Unrestricted funds
103,695
93,319
**Restricted funds**
Morrisons Grant
4,190
-
National Lottery Grant
-
20,000
Mark Mason Grant
-
25,000
**Total restricted funds**
4,190
45,000
**Total funds**
107,885
138,319|**Resources**
**expended**
**£**
(69,431)
-
(2,458)
(1,856)
(4,314)
(73,745)|**2025**
**£**
5,674
16,099
21,773
**2025**
**£**
76,236
**2025**
**£**
-
800
800
**Transfers**
**£**
4,190
(4,190)
-
-
(4,190)
-|**2024**
**£**
4,885
1,667|
|---|---|---|---|
||||6,552|
||||**2024**
**£**
65,557|
||||**2024**
**£**
1,376
690|
||||2,066|
||||**Balance at 31**
**March 2025**
**£**
131,773
-
17,542
23,144|
||||40,686|
||||172,459|
Page 14
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
|**Unrestricted funds**
**_General_**
Unrestricted funds
**Restricted**
Morrisons Grant
**Total funds**|**Balance at 1**
**April 2023**
**£**
108,004
5,966
113,970|**Incoming**
**resources**
**£**
50,176
-
50,176|**Resources**
**expended**
**£**
(54,485)
(1,776)
(56,261)|**Balance at 31**
**March 2024**
**£**
103,695
4,190|
|---|---|---|---|---|
|||||107,885|
The specific purposes for which the funds are to be applied are as follows:
The Morrisons grant of £14,700 was received in 2020 for the purchase of two new motor bikes. These were sold in 2024.
The expenditure in this restricted fund relates to the profit on the disposal of the motor bikes purchased using these restricted funds.
The National Lottery and Mark Mason grants were received in 2024 for the purchase of five new bikes.
The expenditure in this restricted fund relates to the depreciation of the motor bikes purchased with these funds.
Unrestricted income funds represent those resources which may be used towards meeting any of the charitable objectives at the discretion of the trustees.
## **17 Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
45,022
87,551
(800)
131,773
**Unrestricted**
**funds**
**General**
**£**
34,852
70,909
(2,066)
103,695|**Restricted**
**funds**
**£**
30,228
10,458
-
40,686
**Restricted**
**funds**
**£**
2,990
1,200
-
4,190|**Total funds**
**at 31 March**
**2025**
**£**
75,250
98,009
(800)|
|---|---|---|---|
||||172,459|
||||**Total funds**
**at 31 March**
**2024**
**£**
37,842
72,109
(2,066)|
||||107,885|
Page 15
Docusign Envelope ID: 5993AEA6-795B-4F1B-9CC5-43787D821E7A
## **Lincolnshire Emergency Blood Bikes Service**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **18 Related party transactions**
There were no related party transactions in the year.
Page 16