Golng for Bust
Annual Report and Consolldated Statements
For the year endln8 31 March 2024
Charlty number: 1151SIS
Company number: 08427804

Going for Bust
For the year endlng 31 March 2024
Contents
Pa8e
Trustees, report
Independent Auditors, Report
8.10
Consolidated Statement of Financial Activities
li
Consolidated Balance Sheet
12-13
Charity Balance Sheet
14
Consolidated Ca5hflow Statement and Notes
15-16
Notes to the Flnanclal Statements
17-29

Report of the Trustees for the Year Ended 31 March 2024
Golng for Bust
OBJECTIVES AND ACTIVITIES
Oblectlves and Alms
The purpose of the Charlty is to support those who are suffering from. or have suffered from Breast Cancer.
To financially support 8roups or individuals who are in remission or are recovering from treatment of
Breast Cancer and its effects.
The Charity aims to continue developing its seNices golng forward in order to helplsupport as many
individuals experiencing Breast Cancer as possible,
The Charity reviews It5 succe55 each year, and considers how any improvemenls, and successful expansion
may be obtalned within any flnancial constraints.
Grants to 8reast Cancer Hospital unitslsupport Groups are glven after full discusslons re8ardin8 how the
funds will be best used / which essential equipment is rnost needed.
Grants to individuals are only given afler full Investl8atlon of thelr situation with their D¢xtorlBreast Cancer
Nurselconsultant.
Trustees are issued a copy of the Charity Governance Code, with which they make thernselves familiar.
The charity has a trading subsidiary Golng for Bust Trading Limlted {company number 086732051, which
runs retail outlets throu8hout Dorset and West Hampshire. The profits generated within the tradlng
company are gifted io the charity for distribution within the charitable objectlves.
The focus of our work
Our main focus is to ensure each of our retail outlets achieve thelr targets, both Individually and collectively
with regard to providing a surpluslprof St. We do this through..
Well trained and motivated staff
Good ima8e and presentation
High levels of customer service
Each shop has suffitient stock
Stron8 and effective pricing structure
Ensurin8 Trading Standards and Health and Safety p)licies are obseried
Working closely with local Hospitals and support groups
New outlets are sourced and researched in target areas

Report of the Trustees for thè Year Ended 31 March 2024
Golng for Bust
Achlevements and Performance
Fiiiancial support was Eiven 2023-2024 to local Breast Cancer Units and local Support Group5, by way of
providing funds for specialised equipmentlserviceslwellbeing activities.
GOING FOR BUST SUPPORT CENTRE- Total cost of providing the following Services.
Givin8 advice to those who have lost hair due to Chemotherapy, and supplying them with a suitable wig.
Professionally measurin8/advising those who need a specialised Bra due to Surgery re8ardin8 their 8reast
Cancer, and then supplying them with the suitable Bra.
Emergency flnancial Aid Grants18iven following referral from the indtviduals
DoctorlConsultant/8reast U nit)
£ 4.931
Macmillan . To aid the runnin8 of their "Help at Home" service
£ 25,000
Yeovil Hospital 8reast Cancer Unit - Referb, patient waitlng area
£ 12.0(YJ
Southampton Hospltal Breast Cancer Unlt - Trainlng cost for nipple tattoo
£ 9,000
Lewis Manning Hospice Care - l.ymphoedema Deep Oscillation Therapy Machine
£ 3.500
Poole Hospital Breast Cancer Unit - Sanosite Ultrasound Machine
£ 15,000
Bournemouth Hospital Breast Cancer Unit - Sanosite Ultrasound Machine
£ 15.0
Forest Holme Hosplce Care- Complimentary Therapy Se55i0ns.
E 7,5tXI
Most of the Charities income comes from the profit produced by our 13 Charity Shops, which trade through
Goln8 for Bust Ltd, a 100% owned subsidiary of Going for Bust Charity.
Going for Bust traded very well and consistently throughout the year,

Report of the Trustees for the Year Ended 31 March 2024
Going for Bust
FINANCIAL REVIEW
Factors likely to affect f uture financial performancelposition, such as rising overheads,
Irent/rateslsalaries/utilities) are always someihin8 that needs to be borne in mind as we 80 forward.
These issues, particularly utilities, are likely to affect net profits, which leads to a potential drop in income
for the Charity.
Other than possible cutbacks, the m05t obvious way of miti8atln8 risin8 Costs. is to look into openlng further
shops, although findlng sultable shops, in suitable areas, for the right rent is becomin8 more difficult.
The Group has free reserves of £420,510 as at 31st March 202412023: £773,650).
Managernent and the Trustees consider level of reseNes to be suf ficient to deliver Charity objectives for
the next 12 month5.
Free Reserves are calculated by deducting fixed assets from the unrestricted and undesi8nated reserves
held at the year end.
Flnanclal Posltlon
Going for Bust Trading Ltd achieved a surplus after Taxatlon of £125,33912023'. £240,504)
Before 8iftin8 £129.077 12023.. £243,355) to Golng for Bust Charlty.
Prlnclpal fundln8 sources
In addltlon, there are occasSonal fundraisin8 events undertaken by members of the public, le8 Fashion
Shows Ètc) that provide further revenue and raise unrestricted funds for the Charity.
ReseThes Pollcy
The trustees monitor the reserves and try to make the best the best use of available charitable f und5.
During the year the charity has decided to deposit some of the charity funds into an Investment portfollo
and has set aside £4rx),000 to act as f uture security for Goin8 for Bust.
FUTURE PLANS
Going forward, Going for Bust 15 looking at ways of becomin8 more environmentally friendly where p055ible
and practical.
We have already moved from using plaslic bags. to paper bags lor goods sold in our shops.
We will a150 consider, 80in8 forward, whether it will be viable at some point, to consider replacing our vans
with electric models.
Our current thinkin8 IS that it isn't viable for us at the present time.
We also use only Card price ticket5 in our shops, and use recycled paper where possible at the office.

Report of the Trustee5 for the Year Ended 31 Mar¢h 2024
Golng for Bust
STRucfuRE, GOVERNANCE AND MANAGEMENT
Decislon making, with regard to the day to day running of the Charity and Trading Company are deferred to
the Senlor Management, Paul Martin and Robert Matthews. who between them have 30 years experience
in Charity Management.
However, any decision5 Other than day to day Management are dlscussed and agreed with the Trustees on
a weekly basis.
Remuneration of Key Personnel is agreed on the basls of a fair and reasonable rate, considerlng Ihe
experience and expertise of the individuals.
Any issues where it 15 thought there could be a possibllity of major risk within the structure, 15 Considered
and acted on where necessary, le situation monitoredlextra training or supervision given.
Governln8 Document
The Charlty Is controlled by Its Governlng Document, a Memorandum and Artlcles, and constitutes
Limited Company, limited by guarantee, as defined by the Companies act 2006.
Rettultment and appolntment of new trustees
The Directors of the Company are also Charity Trustees for the purpose of Charity law, and under the
Company's Articles, are known as mernbers of the Managemeni Committee.
Under the requirements of the Memorandum and Artides of Association, the members of ihe Management
Committee are elected to serve for a perlod of three years, after whlch they must be re elecled,
Directors can be appointed by ordinary resolution as descrlbed In the Governlng Document.
All the Trustees give their time voluntary, and receive no benefits f rom the Charity. Any expenses
reclaimed from the Charity are set out in note 10 of the accounts.
Organ15atlonal stru¢ture
A scheme of delegation is in place, and day to day responsibility for Company Management rests with the
Senior Mana8ement Team.
This team is responsible for ensurlng that the Individual Shop Managers and their teams are workin8 to the
levels expected.
Indu¢ti¢n and tralnlng of newtrustees
Trustees receive a copy of the Charity Commi55i0n Publication, The Essential Trustee,. what you need to
know. ICC31.

Report of the Trustees for the Year Ended 31 March 2024
Goin8 for Bust
STRUCTURE. GOVERNANCE AND MANAGEMENT {£ontlnuedl
Rlsk management
The management committee constantly reviews the risks associated with an operation such as ctyurs,
The main risk identified Is that the shops operation does not provlde enough income for the Charity to be
vlable.
This risk is reduced by way of careful bud8etingloutgoin8s. and ensuring that the organisation does not
borrow funds for any expansion, or runnin8 Costs. The Company does not rely on an overdraft, and cash
flow is monitored carefully daily.
Publlc Benefit
The Trustees have 8iven due regards to the requirements of the Charity Commission, with respect to Public
benef It, and are satisfied that the activities of the group meet the publlc benefit requirement.
Volunteers
The Charity 15 heavily reliant on the volunteers who perform many different tasks to assist with the
management, admlnistration and 8eneral operalion of the Charity Shops.
Fundraislng
Goln8 for Bust raises its Charity Funds by way ol profits from its 13 Charity Shops. It does not operate
separate fundraising activities at the moment, although we do receive donations from
indlvldualslorgani5ation5 who have raised funds to support those experiencin8 Breast Cancer, and then
sent the proceeds to our Charitv.

Report of the Trustees for the Year Ended 31 March 2024
Going lor Bust
REFERENCE AND ADM5NISTRAnvE DETAILS
Trustees
The Directors of the Charitable Company, are its Trustees for the purpose of Charity Law, and throughout
this report, are collectively referred to as Trustees. or The Board,
The Trustees during the year under review are;
Mr S F Jupe- Director and Trustee
Mr N C Slater- Director and Trustee
Ms H A Tointon - Director and Trustee
Key Management Per50nnel
General Manager
Head of Retail Operations
Accounts Manager/Company Official Signatory
Mana8er of Support CentrelFundralsin8
Shop5 Area Manager
Paul Martin
Robert Matthews
Gemma Fletcher
Michelle Ormston
Eleanor Hatcher
Re8i5tered Off ice
6B The Square
Wimborne
Dorset
BH21 IJA
Audllors
Ward Goodman Audit Services Ltd
4 Cedar Park, Cobham Rd
Ferndown Ind Estate
Wimborne
BH217SF
Bankers
Sollcltors
Barclays Bank PLC
I Churchill Place
London, E14 SHP
Jacobs and Reeves
153 Hi8h St
Poole, BH15 IAU

Report of the Trustees for the Year Ended 31 Mar¢h 2024
Going for Bust
Siatemont of the Trustee's responslbllltl•s
Company law requlres rhai rhe Trustees Pfepare financlal statements lor each financial year. whlch Bive a
falr and true view of the slate of affairs ol the Charltable group, and of the Incoming resource5 and
applicatlon of resource. includin8 the Income and expenditure of the Charlrable group for Ihat period The
Trustees are fequlred to-
select suitable accounting policies and thén apply them consistently*
observe the methods and prlnciples In the Charity SORP,.
make ludgements and estimates thal are reasonable and prudent,
prepare the financial statements on the going ¢on¢ern basis, unless It Is Inapproprlate to
presume that the ch3ritable company will continue In business.
The Tru51ees are responsible lor keepin8 proper accountin8 record5 which disclose wlth reasonable
ccuracy at any lime, the flnèncial position of the Charitable Group, and to enable them 1¢ ensure that the
financlal Statements comply wlth the Companies Act 2006.
They are a150 responsible for safe8uarding the assets of Ihe Charltable Group, and hence for Likin8
reasonable steps for the prevention and det￿tiOn of fraud, and other irre8ularities.
In so lar as the Trustees are aware..
There Is no relevant audit information ol whlch ihe groups audltors are unaware.
The Trustees have taken all the Steps that they ou8hi to have takèn, In order to make themselves
aware of any relevant audll snformation, and to establlsh that the auditors are aware of that
Informatlon.
Auditors
The AccountantslAudltors. Ward Goodman Audit 5ervlces Ltd wlll be re appointed for the coming years
accountin81auditin8 work.
This Trustee's Report under the Charities Act 2006 was appfoved by the Board of Trustees on
And is signed and authorlsed on Its behalf by,.
H A Tointon . Trustee

Report of the Independent Auditors to the Trustees of
Going for Bust
Oplnion
We have audited the consolidated financial statements of Going for Bust (the 'charitable parent company, and its
trading subsldlary, tO8ether 'the 8roup'l for the year ended 31 March 2024 whlch Lomprise the consolidated
statement of financial activities, the group and parent charitable company balance sheets and the consolidated
statement of cashllows and the notes to the financial statements. The financial reporting framework that has been
applled in their preparation is applicable law and United Kingdom Accountln8 Standards Iunitpd Kingdom
Generally Accepted Accountin8 Practice).
In our opinion the f inancial statements:
8lve a true and fair view of the state of rhe charitable grourfs and the parent charitable companrfs
affairs as at 31 March 2024 and of the 8roup's Incoming resources and appllcation of re50urces,
including its income and expenditure. for the year then ended,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice: and
have been prepared in accordance with the requirements of the Compariies Act 21)J6.
8a$ls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI {ISAs IUKI) and applicable
law. Our responsibilities undÈf those standards are further descrSbed in the Atjditors responsibilities for the audit
of the financial statement5 section of our report. We are independent of the group and the charitable company in
accordance with the ethlcal requiremenls that are relevant to our audit ot the financial statements in the UK,
including the FRCS Ethical Standard, and we have fulfilled our other ethical responsibillties in accordance with
these requlrements. We believe that the audit evSdence we have obtained is sufficlent and appropriate to provide
a basis for our opinion.
Concluslons relatlng to iolng ¢onceTn
We have nothing to report In respect of the followin8 matters in relation to which the ISAS IUKI require us to
report to you where,.
the trustees, use of the going concern basis of accountin8 in the preparation of the financial
Statements is not appropriate; or
the trustees have not disclosed In the f inancial statements any identified material uncertainties that
may cast significant doubt about the 8roup and parent charitable company's ability to continue to
adopt the going concern basis of accounting for a period of at least twelve months from the date when
the financial statements are authorised for issue.

Report of the Independent Audltors to the Trustees of
Going for Bust
Other Informatlon
The trustees and directors are responsible for the other information. The other information comprises the
information included in the annual reporL other than the financial statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not cover the other information and we do not express any form of
assurance conclusion thereon.
In connection with our audit of the financial statements. our resFK)nslbllity is to read the other Information and, in
doin8 so, consider whether the other information is materially inconsistent wlth the financial statements or our
knowled8e obtalned in the audit or otherwise appears to be materially mlsstated. If, based on the work we have
performed, we conclude that there 15 a material misstatement of this other information, we are required to report
that fact. We have nothing to report in this regard.
Matter$ on whlch we are requlred to report by exception
We have nothing to report in respect of the folowlng matters where the Charitle5 Act 2011 requires us to report to
you if, in our opinion:
the information given in the Report of the Trustees Is Inconsistent in any material respect with the
financial statements , or
the group and parent charltable company have not kept adequate accountin8 records,. or
the financial statements are not in agreement wlth the accounting records and return5,' or
we have not received all the information and explanatlons we require for our audit.
Responslbllltles of trustees
As explained more fully in the Statement of Trustees Responsibilities, the trustees (who are also the directors of
the charltable company for the purposes of company lawl are responsible for the preparation of the f inancial
statements and for being Satisf led that they give a true and fair view, and for such Internal control as the trustees
determlne Is necessary to enable the preparation of financial statements that are free f rom material misstatement,
whether due to fraud or error.
In preparlng the flnancial statements, the trustees are responsible for assessln8 the group and parent charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and
using the 8oin8 concern basis of accountin8 unless the trustee5 either intend to liquidate the group and parent
charitable company or to cease operations, or have no realistic alternative but to do $0.
Our responslbllltles for the audlt of the flnandal statements
Our oblectives are to obtain reasonable assurance about whether the financial statement5 as a whole are free from
material misstatement, whether due to fraud or error, and to Issue a Report of the Independent Auditors that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a gLJarantee that an audlt
conducted in accordance with ISAS {UKI will always detect a material misstatement when it exists. Misstatements
can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably
be expected to influence the econom￿ decisions of users taken on the basis of these financial statements.

Report of the Independent Audltors to the Trustees of
Golng for 8ust
The extent to which our pro¢edures are capable of detecting Irre8ularities, including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks applicable to the 8roup and the
sector in which they operate.
We obtained an understandin8 of how the group are complying with those legal and regulatory
frameworks by making enquires of mana8ement
We assessed the susceptibllity of the group's financial statements to material misstatement. including
how fraud might occur. Audlt procedures performed by the engagement team included..
Identifyin8 and assessin8 the desi8n effectiveness of controls management has in place to prevent and
detect fraud
Understanding how those charged with 8overnance considered and addressed the potential for
overrlde of controls or other inappropriate influence over the financial reportin8 process
Challen8lng assumptlons and ludgments made by management in its accounting estimates
Identifyin8 and testin8 journal entries, in particular any journal entries posted with unusual account
combinations: and
Assessin8 the extent of compliance with the relevant law and re8ulations.
Because of the Inherent Ilmltatlons of an audit, there is a risk that we will not detect all irre8ularitles. including
those leading to a material misstatement in the financial statements or non-compliance with re8ulation. This risk
increases the more that compliance with a law or regulatlon Is removed from the events and transactions reflected
in the financial statemenls. as we wlll be less likely to become aware of instances of non-compliance. The risk Is
also greater re8arding irregularlties occurrin8 due to fraud rather than error. as fraud involves intentional
concealment. forgery, collusion, omission or misrepresentation.
Use of our report
This report is made solely to the group and charitable company. Our audlt work has been undertaken 50 that we
might state lo the group and charitable company those matters we are requlred to state to them in an auditors,
report and for no other purpose. To the fullest extent permitted by law, we do not accept or a55ume responsibility
to anyone other than the 8roup and charitable company as a body. for our audit work, for this report, or for the
opinions we have formed.
l M Rodd BSC FCA FCCA {Senior Statutory Auditor)
For and on behalf of Ward Goodman Audit Services Ltd
Re8iStered Auditor
4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH2175F
Date..
kLy
io

Galng for Bust
Consolidatèd Ststement of Flnanclal Actlvltles
forthe Year Ended 31 Marth 2024
(Incorporatlng income and ejtpenditure account)
2024
2023
Unrestricted Restrlcted
funds
funds
Total funds
Total funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacles
47.240
47.240
32,940
Charltable activities
Going for Bust Trading income
Investment income
1,161,620
9,852
1,161,620
9,852
1,194,910
429
Total
1,218,712
1,218,712
1,228,279
Charltable actlvltles
Provision of help and support for
people diagnosed with breast cancer
138,458
138,458
124,011
Going for Bust Trading expenditure
1,037,037
1,037,037
955,266
Other expenditure
146
Total
1,175,495
1,175,495
1,079,423
Net galnslllo$se$) on Investments
8,364
8,364
NET INCOME
51,581
51,581
148.856
Tran5fer5 between funds
Tax on artlvlties
19
34
Net movement In funds
51,615
51,615
148,856
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
781,026
832 641
781,026
832,641
632,170
781,026
The notes on pages 17 to 29 form part of these flnancial statements
li

Goln8 for 8ust
Consolidated Balance Sheet
At 31 March 2024
Company number". 08427804
Charity nuinber; 11515 15
2024
2023
Notes
FIXED ASSETS
Tangible assets
Investments
13
14
3,767
408,364
412,131
7,376
7,376
CURRENT ASSETS
Debtors., amounts fallin8 due within one year
Debtors,. arnounts falling due after more than one year
Cash at bank and in hand
15
Is
76.975
1,792
383,438
462,205
87,596
1,792
726.559
815.947
CREDITORS
Amounts falling due within one year
16
141,6951
135,2541
NET CURRENT ASSETS
420,510
780,693
TOTAL AS5£T5 LE55 CURRENT LIABILITIES
832,641
788,069
CREDITORS
Amounts falling due after more than one year
17
17,0431
NET ASSETS
832,641
781,026
FUNDS
Unrestrl¢ted funds
Restricted funds
TOTAL FUNDS
19
19
832,641
781,026
832,641
781,026
The notes on pages 17 to 29 form part of these financial statements
12

continued...
Goin8 for Bust
Con5011dated Bala￿e Sheet Icontlnuedl
At 31 March 2014
Company Dumbef.. 08427804
Charity number 1151515
The trustees acknowledge thelr responslbilitle5 for
ensuring that the charitable group and company keeps accounting records that comply with Section$ 386 and
387 of the Companies Act 2006 and
Ibl
preparing flnancial siatements which give a true and fair view of ihe state of affairs of the chantable 8roup and
company as at the end of each financial year and of its surplus and deficit for each financial year in accocdance
with the requirements of Section5 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2(X)6 relating to financial statements, so lar as applicable to the chafitable group and company
These financial statements have been audited under the requirements of Section 144 of the Charlties Act 2011,
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relatin8 to charitable small companles.
These linanclal statement5 were approved by ihe Board of Trustee5 on
by:
and were $18ned on Its behalf
H A Tointon - Trustee
The noies on pages 17 to 29 form part of these financial statements
ij

Going for Bust Charity
Charity Balance Sheet
At 31 March 2024
Company nurriber. 08427804
Chailty number.. 11SIS15
2024
2023
N¢t•s
FIXED ASSETS
Tangible assets
Investments
13
14
408,365
408,365
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
126.924
127,476
254,4
243.280
364,128
607,408
CREDITORS
Amounts fallin8 due wlthln one year
16
NET CURRENT ASSET5
254,400
607,408
TOTAL ASSETS LESS CURRENT LIA8ILITIES
662,765
607,409
CREDITORS
Amounts failin8 due after more than one Year
17
NET ASSETS
662,765
607,409
FUNDS
Vnre5tricted funds
Aestricied funds
TOTAL FUNDS
19
19
662,765
607,409
662,765
607,409
These financlal Statements were approved by the Board of Trustees on .
behalf by.
and were signed on Its
s H A Toinlon . Trustee
The notes on pa8e$ 17 to 29 form part of these fSnancial 5tatement5
14

Goln8 for Bust
Consolidated Cashflow Statement
for the Year Ended 31 March 20Z4
2024
2023
Cash flows from operating actlvltles:
Cash gefterated from operations
Tax paid
Interest on hire purchase paid
Net cash provided by {used In) operatlng activlties
Notes
50,398
145.202
112,8971
19661
131.339
1746)
49,652
Cash flows from Inve5tin8 artlvltles:
Purchase of tangible fixed assets
Purchase of flxed asset investments
Interest reteived
19531
1400,0001
9,852
429
Net cash provlded by (used In) Investing a¢tlvltles
{390,1481
1524)
Cash flows from flnanclnl actlvltles:
Hire purchase repayments
12,6251
12,4051
Net cash provlded by (used In) financln8 activitie$
12,6251
12,4051
Chan8e In cash and cash equlvalents In the reporting perlod
1343,121)
128,410
Cash and cash equlvalents at the be8lnnln8 of the reportln8 perlod
726,559
598,149
Cash and cash equlvalents at the end of the reportln8 perlod
383,438
726,559
The notes on pages 17 to 29 form part of these financial statements
15

Going for Bust
Notes to the Consolldated Cash Flow Statement
for the Year Ended 31 March 2024
I. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
Net Income for the reportln8 perlod (as per the Statement of flnanclal
tlvftie51
Adjustments for..
Depreciation charge5
Firnan￿ c05t5
IGalnl/loss from investments
Interest recelved
51,581
148,856
3,609
746
18,3641
19,8521
3,668
966
14291
Cashflows before movement in worklng capital
37,720
153,061
Decrease I lincrease} In debtors
Increase / (decrease) in credltors
10,655
2,023
116.3891
8.530
Net cash provlded by (used In) operatln8 artlvltles
50,398
145,202
2. CASH AND CASH EQUIVALENTS
The amounts disclosed on the Cash Flow Statement in respect of cash and Cash equivalents are In respect of these
balance sheet amount5'.
2024
2023
Year ended 31 March 20Z4
Cash and cash equivalents
383,438
726,559
Year ended 31 Marth 2023
Cash and cash equivalents
726.559
598.149
3. ANALYSIS OF CHANGES IN NET FUNDS
At 01104123
Cash Flow
At 3 1103124
Net cash
Cash at bank and in hand
726,559
{343,1?. 11
383,438
Debt
Finance leases
19,6681
2,625
(7,0431
Total
716,891
1340,496
376,395
16

Going for Bust
Notesto the Flnancial Statements
For the Year Ended 31 March 2024
I. LEGAL FORM
Going for Bust. a public benefit company under FRS 102, is incorporated as a Company limited by guarantee,
registered in England and Wale5 Icompany number 084278041. The registered office address is on the company
information page of these accounts. The company is also a re8lStered charity in England {charity number 11515151.
Going for Bust Tradin8 Limited is incorporated as a Company limited by shares. re8iStered in England and Wales
(company number 086732051. The trading company is wholly owned by the Going for Bust charity.
2. ACCOUNTING POLICIES
Basls of preparlng the financlal Statements
The finantial statements of the charitable company, which Is a publlc beneflt entity under FRS 102, have been
prepared in accordance with the Charitles SORP IFRS 1021 'Accountin8 and Reporting by Charities,. Statement of
Recommended Practice applicable to charlties preparing thelr accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republlc of Ireland l FRS 1021 (effective l January 2015),, Financial Reportin8
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5
Act 2006. The financial statements have been prepared under the historical cost convention.
Bas15 of Consolldatlon
The group financial statements consolidate the financlal staternents of Going for Bust and its wholly owned tradin8
subsidiary Golng for 8ust Tradin8 as If they formed a sln8le entity. Intercompany transactions and balances have
therefore been eliminated in full. The Group has taken advantage of sectlon 408 of the Companies Act 2006 by not
providin8 a seperate statement of financial activities for the companv.
Income
All income Is recognised in the Statement of Financial Actlvities once the charlty has entitlement tD the funds, it Is
probable that the income will be received and the amount tan be measured reliably.
Donated 8oods are only recogni5ed when the amount can be measured reliably.
Government grants shall be recognised in profit or1055 on a systematic basis over the period5 In which the entity
recognises as expenses the related costs for which the grants are intended to compensate.
Expendlture
Liabilitles are reco8nised as expenditure as soon as there is a le8al or constructive obli8ation committing the
charity to that expenditure, it 15 probable that a transfer of economic benefits will be required in settlement and
the amount of the obllgatlon can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headin85 that a88regate all cost related to the category. Where costs cannot be directly
attributed to particular headin8S they have been allocated to actlvlt5es on a basis consistent with the use of
re5ource5.
Grants offered subject to conditions which have not been met at the year end date are noted a5 a commitment bul
not accrued as expenditure.
17

Golng for Bust
Notes to the Flnanclal Statements
For the Year Ended 31 March 2024
2. ACCOUNTING POLICIES. contlnued
Tangible fixed as5etS
Depreciation Is provided at the following annual rate5 in order to write. off each asset over its estimated useful life.
Fixtures and fittings (trading subsidiary)
25% on cost
Fixtures and fittings Icharityl
-depreciated over S year5 on a Straight line basls
Motor vehicles
- 20% on cost
Computer equipment
-depreciated over 3 years on a strai8ht line basis
Taxatlon
Taxation for the year comprises current and deferred tax. Tax Is recognised in the Income Statement, excèpt to the
extent that It relates to items recognised In other ¢omprehenslve income or directly in equity
Current or deferred taxation assets and liabilities are not discounted.
Current tax is reco8nised at the amount of tax payable usin8 the tax rates and laws that have been enacted or
su bstantively enacted by the balance sheet date.
Oeferred tax
Deferred tax is recognised in respect of all l+rnlng differences that have originated but not reversed at the balance
sheet date.
Timin8 differences arise from the inclusion of income and expenses in tax assessments In periods dilferent from
those in which they are recognised in f inanclal siatements. Deferred tax is measured u5in8 tam rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timin8 dlfference.
Unrelieved tax losses and other deferred tax a55ets are recognised only to the extent that it is probable that tkiey
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Fund accountln8
Unrestricted funds can be used in accordance with the Charitable objectives at the discretion of the trustees,
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular reslricted purposes.
Further explanation of the liaiure and purpose of each fund is Included in the notes to the financlal statement5.
Penslon cost5 and other post-retlrement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
18

Going fof 8ust
Notes to the Financial Statements
For the Year Ended 31 March 2024
2. ACCOUNTING POLICIES - continued
Debtors and prepayments
Debtors and prepayments are recognised at the transaction price where an entity has a present obligation
resulting from a past event that will probably result in the transfer of funds from a third party to the charity and
the amount due to settle the obligation can be measured or estimated reliably.
Credltors and prov151ons
Creditors and provlsions are recognised where the charity ha5 a present obligatlon resulting from a past event that
will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated rellably. Creditors and provisions are normally recognised at their transaction price after
allowing for any trade discounts due.
Hlre purchase and leaslni commltments
The company operates a defined contrlbutlon penslon scheme. Contributions payable to the company's
pensionscheme are charged to profit or loss in the perlod to which they relate.
Slgnlflcant Jud8ements and estlmates
The trustees believe there are no significant judgements in the flnanclal statements.
There are no areas that are considered to be key sources of estimatlon uncertainty.
stocks
The company holds stock of donated goods for resale throu8h the trading subsldlary on behalf of the parent
charity. Stock is valued at the lower of cost and net realisable value and accordingly no value is recorded in the
financial statements.
Flnanclal Assets
Basic financial assets, which include cash and bank balances, are Inltially measured at transaction price,
In￿StMentS
Investments a re recognised initially at fair value which is normally the transaction price excluding transaction costs.
Subsequently, they are measured at fair value with changes reco8nised in "net gains/llossesl on investments" in
the Statement of Financial Actlvlties if the share5 are publicly traded or their f air value can otherwise be rneasured
reliablv.
19

Going for Bust
Notes to the FSnanclal Statements
for the Year Ended 31 March 2024
DONATIONS ANO LEGACIES
2024
2023
Donations
47,240
32,940
47,240
32,940
4 OTHER TRADING AcfiviTIES
2024
2023
shop sales
Other Income
1.142.494
19,126
1,161,620
1,173,468
21,852
1.195,320
5 INVESTMENT INCOME
2024
2023
Deposit account Interest
9,852
9,852
429
429
20

Golng for Bust
Notes to the Financial Statements
for the Year Ended 31 March 2024
6 GRANTS PAYABLE
2024
2023
Provision of help and support for people diagnosed With breast cancer
91,931
84,697
Grants pald to Instltutlons
Dorsel County Hospital
Forest Holme Hospice Charity
Yeovil District Hospital
University Hospitals Dorset NHS
University Hospital Southampton
Salisbury District Hospital Charitable Fund
Lewis Mannin8 Hospice Care
Bourne Water Ora8ons
8,568
7,500
12,0(X]
S5,000
9,000
10,000
35,000
8,585
15,000
3,544
2,000
82,697
3,500
87,000
Grants pald to Indlvlduals
4,931
2,000
91,931
84,697
7 CHARITABLE ACTIVITIES COSTS
Dlrect
costs
Support
osts
Totals
Charitable actlvitles
138.218
240
138,458
Support costs Include bank charges of £240 In the year12023.. £177)
8 GOING FOR BUST TRADING EXPENDITURE
2014
2023
Administrative expenses
Interest payable
Tax payablellreceivablel
1,036,325
746
1341
1,037,037
954,300
966
955,266
21

Going for Bust
Notes to the Flnanclal Statemeftts
for the Year Ended 31 March 2024
NET INCOMEIIEXPENDITURE)
Net income/{expenditurel is stated after char8 81{creditingl'.
2024
2023
Oepreciation - owned assets
Auditors remuneration
3.609
7,600
3,668
7,200
10 TRUSTEES, REMUNERATION AND BENEFITS
Durin8 the year ended 31 March 2024, trustee remuneration was £nil12023: £nil).
Trustees, expenses
No trustees were reimbursed for expenses during the year ended 31 March 202412023.. £nill.
11 STAFF COSTS
2024
2023
Wages and salarles
Social security costs
Other pension costs
579.845
29,764
7,339
616,948
531,941
26.265
5,838
)64,044
The average number of employees durlng the year was as follows.,
2024
43
2023
41
Employees
Key Management Personnel
Key management personnel salaries for the year totalled E154,80412023.' £136,907). The trustees consider the key
mafiagement personnel during the year to be those detalled on pa8e 6.
No employees received remuneration above £60,000 in the year.
22

Golng for Bust
Notes to the FSnanclal Statements
for the Year Ended 31 March 2024
12 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIE5
Unrestrlcted funds
Restrlcted funds
Total funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
32,940
32,940
Charltable actlvltSes
Going for bust trading income
Investment income
Grant income
1,194,910
429
1.194,910
429
Total
1,228,279
1,228,279
EXPENDITURE ON
Charltable activities
Provision of help and Support for
people diagnosed with breast cancer
124,011
124,011
Going for Bust tradln8 expenditure
Other
955,266
146
955,266
146
Total
1,079,423
1.079,423
NET INCOME
148,856
148,856
Transfers between funds
Tax on artlvltles
Net movement In funds
148,856
148,856
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
632,170
781,026
632,170
781,026
23

GoinE for Bust
Notes to the Flnanclal Statements
for the Year Ended 31 March 2024
13 TANGIBLE FIXED ASSETS . Charlty and Subsidiary
Flxtures and
flttlngs
Motor
vehicles
Computer
equipment
Totals
COST
At l April 2023
Additions
Disposals
4,305
16.454
2.350
23.109
At 31 March 2024
4,305
16,454
2,350
23,109
DEPRECIATION
At l April 2023
Char8e for year
Elimlnated on disposal
4,305
9,872
3,291
1,556
318
15.733
3,609
At 31 March 2024
4,305
13,163
1,874
19,342
NET BOOK VALUE
At 31 March 2024
At l April 2023
3,291
6,582
476
3,767
7,376
794
TANGIBLE FIXED ASSETS- Charlty
Flxtures and
flttln8s
Totals
COST
At l April 2023
Additions
Oisposals
797
797
At 31 March 2024
797
797
DEPRECIATION
At l Aprll 2023
Char8e for year
Eliminated on disposal
797
797
At 31 March 2024
797
797
NET BOOK VALUE
At 31 March 2024
At l April 2023
24

Going for Bust
Notes to the Financlal Statements
forthe Year Ended 31 March 2024
14 FIXED ASSET INVESTMENTS- Charity and Subsldlary
Shares In
Eroup
Llsted
undertakings Investments
Totals
MARKET VALUE
At l April 2023
Additions
Revaluations
400.000
8.364
400,000
8.364
At 31 March 2024
408,364
408,364
NET BOOK VALUE
At 31 March 2024
At l April 2023
408.364
408,364
FIXED ASSET INVESTMENTS- Charlty
Shares In
group
Llsted
undertakln8s Investments
Totals
MARKET VALUE
At l April 2023
Addltlons
Revaluations
400,000
8,364
400.000
8,364
At 31 March 2024
408,364
408,365
NET BOOK VALUE
At 31 March 2024
At l April 2023
408,364
408,365
15 DeBTORS
Charlty subsldiary
2024
2023
Charlty
2024
2023
Amounts fallin8 due within one year:
Prepayments and accrued incorne
VAT
Amounts owed by group undertakings
Tax
71.899
5.042
81.494
6.102
3,827
3.977
123,097
239,303
34
76,975
87,596
126.924
243,280
Amounts falling due after more than one year..
Other debtors
1.792
1.792
Aggregate amounts
78,767
89,388
126,924
243,282
25

Golng for Bust
Notes to the Financial Statements
for the Year Ended 31 March 2024
16 CREDITORS: AMOUNTS FALUNG Duf WITHIN ONE YEAR
Charlty and subsidiary
2024
2023
Charity
2024
2023
Bank loans and overdraft
Trade Credltors
Other credltors
Social Security and other taxes
Hlre Purchase Contracts (see note 18)
Accruals and Deferred Income
77
15,871
1,373
6,628
7.043
10,703
15.874
1,672
6,678
2,625
8,405
35,254
17 CREDITORS.. AMOUNTS FAILING AFTER MORE THAN ONE YEAR
Charity and subsldlary
2024
2023
Charity
2024
2023
Hire Purchase Contracts Isee note 181
18 LEASING AGREEMENTS
Minimum lease payments fall due as follows:
Hlre purchase ccntracts
1024
2023
Gross obllgatlons repayable:
Within one year
Between one and five years
6,484
1,879
6,537
8,416
6,484
Flnance charges repayablg:
Within one year
Between one and five years
1559)
17461
15061
11,2521
15591
Net obllgatlons repayable:
Within one year
Between one and five years
7,043
2,625
7,043
9,668
7,043
Tangible fixed assets on hire purchase agreements have a net book value of £3,29112023: £6,582) as at the
31 March 2024.
26

Going for Bust
Notes to the Flnanclal Statements
forthe Year Ended 31 March 2024
18 LEASING AGREEMENTS. Contlnued
Non-cancellable operatin8
leases
2024
2023
Within one year
Between one and five years
In more than five years
229.250
588.333
134,667
952 250
189.750
348.000
55,000
592.750
19 MOVEMENT IN FUN05
Charlty and subsldiary
At 1.4.23
Incomln8 Resources
resources
expended
Galns and
1055e5
Transfers
At 31.3.24
Unrestricted funds
General fund
781,026
781,026
1,2 18,712 11,175,461)
1,218,712 11,175,461)
8,364
8,364
832,641
832,641
TOTAL FUNDS
781,026
1,218,712 11,175,461)
8,364
832,641
Charity
At 1.4.23
Incomln8 Resources
resources
expended
Gain$ and
losse5
Transfers
At 31.3.24
Unrestrlcted funds
General fund
607,410
607,410
185,449
185,449
1138,458)
(138,4581
8,364
8,364
662.765
662,765
TOTAL FUNDS
607,410
185,449
1138,4581
8.364
662,765
COMPARATIVES
Charity and sub$idlary
At 1.4.22
Incomln8 Resources
resource5
expended
Galn5 and
1055e5
Transfers
At 31.3.23
Unrestricted funds
General fund
632,170
632,170
1,228,279 {1,079,4231
1,228,279 {1,079,423
781,026
781,026
TOTAL FUNDS
632,170
1,228,279 11,079,423)
781,026
27

Golng for Bust
hlotes to the Flnanclal Statements
for the Year Ended 31 March 2024
19 MOVEMENT IN FUNDS- Contlnued
Galns and
losses
Charlty
At 1.4.22
Incomlng Resources
resources
expended
Transfers
At 31.3.23
Unrestrlcted funds
General fund
455,253
455,2S3
276.314
276,314
1124,1571
{124,1571
607.410
607,410
TOTAL FUNDS
455,253
276,314
(124,1571
607,410
20 RELATEO PARTY TRANSACTION5
Going For 8ust Trading Limited Is a 100% owned susidiary of Going for Bust.
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Flnancial
Reporting Standard applicable in the UK and Republic of Ireland,, not to disclose related party transactions with wholly
owned subsidiarie5 Wlthin Ihe 8roup.
Durin8 the year ended 31 March 2024, a trustee received payments for repair and maintenance works made
throuBh the subsidiary trading company. Transactions for the year ended 31 March 2024 totalled £1,312
12023. £ 1,2 501 of which £39712023.. £nil} remained payable at the year end,
DurSng the year ended 31 March 2024, a trustee donated a total of £15512023..£nill to the charity.
21 DEFINEO CONTRIBUTION PENSION
Employer contributlons to delined contribution penslon schemes in the Year totalled E7,33912023'. £5,838).
28

Golng for Bust
Nutes to the Financlal Statements
for the Year Ended 31 March 2024
23 PARENTISUBSIOIARY RELATIONSHIP
The Charity discharges part of its cha ritable objectlves throu8h its subsidiary, Goin8 for Bust Trading Limited, which Is
responsible for the day to day running of the charlty shop5 and undertakes the associated trading activities.
Going For Bust Trading Limited is a 100% owned susidiary of Going for Bust. Full entity level financial statements for
Going For Bust Trading Limited108673205} can be found ￿ Companies House.
An extracl from the Balance Sheet of Going for Bust Tradi[￿ Limited at 31 March 2024 Is as follows
1024
2023
Flxed assets
Current a55etS
Current liabilities
Total a5set5 less current liabilities
3.768
330,828
1164,7161
169,880
7.376
447,845
1274,5601
180,661
Creditors due in more than one year
7.043
173,618
169,880
Called up share capital {owned by charity)
Profit and1055 account
169.879
169.880
173,617
173.618
Gross income for the year ended 31 March 2024
Gross expenditure for the year ended 31 March 2024
Tax Iduellreceivable on profit
Surplus/ldeficitl for the year ended 31 March 2024
1,162.340
1,194,907
11, 166,1121 11,198,208>
34
13,738)
13,3011
29