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2024-03-31-accounts

RSGB LIMITED

Charity No. 1153231

Company No. 08405185

Trustees' Report and Unaudited Accounts

31 March 2024

RSGB LIMITED Contents

Pages
Trustees' Annual Report 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6 to 6
Summary Income and Expenditure Account 7
Balance Sheet 8
Statement of Cash flows 9
Notes to the Accounts 10
Detailed Statement of Financial Activities 18 to 19

Page 1

RSGB LIMITED Trustees Annual Report

Road Safety GB

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 08405185

Charity No. 1153231

Registered Office

124 City Road London EC1V 2NX

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

S. Agbabiaka (Resigned 29 February 2024) W. Cubbin N.J. Foster R.C. HALL (Resigned 30 April 2023) J. HOWLETT

S.E. MERISON W. Smith

==> picture [198 x 39] intentionally omitted <==

Company Secretary

J. HOWLETT

Key Management Personnel

Chair

Vice Chair Executive Director Finance Manager Company Secretary

Sam Merison

Nicola Forster James Gibson Jacqueline Bratley June Howlett

Accountants

Barefoot Accounting Ltd Regent House Linlithgow West Lothian Scotland EH49 7HU

Bankers

NatWest Bank

Page 2

RSGB LIMITED Trustees Annual Report

Hoddesdon

43 High Street Hoddeson Herts

OBJECTIVES AND ACTIVITIES

• Seek research opportunities to better understand the most effective ways to reduce road casualties further

The Road Safety GB comms team continues to work closely with the THINK! team and there is a constructive and positive working relationship. The comms team regularly cascades information on behalf of the THINK! team, using the Road Safety GB databases. The THINK! team also regularly attends Road Safety GB Board meetings to provide an update of its campaign activity.

Agilysis have provided continuing support for the co-ordination and delivery of the Analyst Network and associated work. The principle behind the Network is to bring together regional ‘Champions’ who attend national strategy meetings and help to coordinate regional meetings each year, which will be attended by road safety professionals from different sectors with a focus on road safety evidence and analysis.

During the year a number of national consultations or calls for evidence have been submitted

Since the last Annual Report, the business has continued to take a measured but progressive, approach. The Academy Board has built on delivering courses online, this has continued to prove popular and removes the time and costs associated with travel. In person training has also been delivered on request for some organisations and this has been particularly useful when doing this for a team or region.

Membership levels remain strong, we will continue to have a specific focus in 2025 to grow and develop our ‘offer’ across all categories of membership.

Meetings have been in the main conducted online, this includes the regional representatives meeting that allows the wider sharing of information across the regions. We will continue to look to see how we can further develop the roles of the regional representatives and the area groups to further support the work of the organisation.

The Board has continued to act in support of the membership by providing training, communications and a host of activities that are set out further in the document.

ACHIEVEMENTS AND PERFORMANCE

2024 (to date) has been a stable year for the Road Safety GB website with the number of visits and visitors decreasing slightly year on year. 2023 however was a particularly successful year for the website, due to the introduction of a series of new initiatives, including members’ webinars, readers polls and some stories which brought a particularly high level of interest. During 2024 (to date) there were:

In 2024 to date, 20 news items relating to Road Safety GB were published on the newsfeed on the Road Safety GB website. These news items covered a range of topics, including the various events produced by Road Safety GB during 2024

Traffic to the RSKC has increased in 2024, by an average of about 30%. This continues the upward trend seen since the launch of the new RSKC website in 2020.

Traffic to the RSKC has increased in 2023, by an average of about 25%. This is pleasing to see after the launch of the new-look site in December 2020, which resulted in a downturn in traffic during 2021.

Page 3

RSGB LIMITED

Trustees Annual Report

Following on from the hugely successful Annual National Conferences since the end the pandemic restrictions at Harrogate and in the Cotswolds, we are this year, in Birmingham. Once again attendance numbers have been exceeded and conference this year attracting around 350 delegates. Thanks are due to Transport for the West Midlands for their generous sponsorship.

FINANCIAL REVIEW

The Charity’s financial year for 2023/24 was overall positive, membership numbers of local authorities are good and the new corporate plus membership has proven to be very popular with RSGB’s commercial members. The cautious approach has continued and helped to manage budgets effectively.

The RSGB finance team put together a lean budget for 2023/24, monitoring and reducing expenses and other spending as much as feasible to reflect the ongoing adaption we all continue to manage within our budget restraints.

We have receive additional DfT, Road Safety Trust and partnership grant funding to support RSGB and its members. Corporate membership continues to grow.

PLANS FOR FUTURE PERIODS

A review of business plans for the organisation took place in 2022 and resulted in three new documents being developed including a 5 Year Strategic Plan for 2022 to 2027

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

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board S.E. MERISON Trustee 06 November 2024 .

Page 4

RSGB LIMITED Independent Examiners Report

Independent Examiner's Report to the trustees of RSGB LIMITED

I report to the charity trustees on my examination of the financial statements of RSGB LIMITED for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of FMAAT, which is one of the listed bodies.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

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 financial statements to be reached.

Jonathon Norton FMAAT Barefoot Accounting Ltd Regent House Linlithgow West Lothian Scotland EH49 7HU 06 November 2024

Page 5

RSGB LIMITED Statement of Financial Activities

for the year ended 31 March 2024

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Investments
6
Total
Expenditure on:
Charitable activities
7
Other
8
Total
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2024
£
159,263
164,296
4,762		 Total funds
2024
£
159,263
164,296
4,762		 Total funds
2023
£
224,445
83,989
1,696
328,321
96,583
125,460		 328,321
96,583
125,460		 310,130
216,359
125,641
222,043
-		 222,043
-		 342,000
-
106,278
-		 106,278
-		 (31,870)
-
106,278 106,278 (31,870)
106,278
302,137		 106,278
302,137		 (31,870)
334,007
408,415 408,415 302,137

Page 6

RSGB LIMITED Summary Income and Expenditure Account

for the year ended 31 March 2024

Income
Interest and investment income
Gross income for the year
Expenditure
Total expenditure for the year
Net income/(expenditure) before tax
for the year
Net income /(expenditure )for the year		 2024
£
323,559
4,762
328,321
222,043
222,043
106,278
106,278		 2023
£
308,434
1,696
310,130
342,000
342,000
(31,870)
(31,870)

Page 7

RSGB LIMITED Balance Sheet

at 31 March 2024

at 31 March 2024
RSGB LIMITED
Balance Sheet
Company No.
08405185		 Notes 2024 2023
£ £
Fixed assets
Tangible assets 11 - -
Current assets
Debtors 12 21,753 17,039
Cash at bank and in hand 481,952 315,572
503,705 332,611
Creditors:Amount falling due within one year 13 (93,640) (3,874)
Net current assets 410,065 328,737
Total assets less current liabilities 410,065 328,737
Creditors:Amounts falling due after more than one year 14 (1,650) (26,600)
Net assets excluding pension asset or liability 408,415 302,137
Total net assets 408,415 302,137
The funds of the charity
Restricted funds 15
Unrestricted funds 15
General funds 408,415 302,137
408,415 302,137
Reserves 15
Total funds 408,415 302,137

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 06 November 2024

And signed on its behalf by:

S.E. MERISON Trustee 06 November 2024 i Page 8

RSGB LIMITED Statement of Cash flows

for the year ended 31 March 2024

Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities
Adjustments for:
Dividends, interest and rents from investments
Increase in trade and other receivables
Increase/(Decrease) in trade and other payables
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Dividends, interest and rents from investments
Net cash from investing activities
Net cash from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances		 2024
£
106,278
(4,762)
(4,714)
64,816
161,618
4,762
4,762
-
166,380
315,572
481,952
481,952
481,952		 2023
£
(31,870)
(1,696)
(2,576)
(21,625)
(57,767)
1,696
1,696
-
(56,071)
371,643
315,572
315,572
315,572

Page 9

RSGB LIMITED Notes to the Accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 10

RSGB LIMITED Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.

Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures, fittings and 50% Straightline

equipment

==> picture [204 x 32] intentionally omitted <==

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 11

RSGB LIMITED Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation 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 reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 12

RSGB LIMITED Notes to the Accounts

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

3
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Total
Expenditure on:
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
Donations
Grants
5
Income from charitable activities
Subscriptions
Fees		 Unrestricted
funds
2023
£
146,945
83,989
1,696
232,630
138,859
125,641
264,500
(31,870)
(31,870)
(31,870)
334,007
302,137
Unrestricted
£
13,263
146,000
159,263
Unrestricted
£
49,663
114,633
164,296		 Restricted
funds
2023
£
77,500
-
-
77,500
77,500
-
77,500
-
-
-
-
-
Total
2024
£
13,263
146,000
159,263
Total
2024
£
49,663
114,633
164,296		 Total funds
2023
£
224,445
83,989
1,696
310,130
216,359
125,641
342,000
(31,870)
(31,870)
(31,870)
334,007
302,137
Total
2023
£
-
224,445
224,445
Total
2023
£
38,873
45,116
83,989

Page 13

RSGB LIMITED Notes to the Accounts

6 Income from investments

Unrestricted
Total
2024
£
£
Deposit Account Interest
4,762
4,762
4,762
4,762
7
Expenditure on charitable activities
Unrestricted
Total
2024
£
£
Expenditure on charitable
activities
Projects
12,000
12,000
Subscriptions
8,956
8,956
Fees
22,378
22,378
Website Grant
53,249
53,249
Governance costs
96,583
96,583
8
Other expenditure
Unrestricted
Total
2024
£
£
Employee costs
110,987
110,987
Motor and travel costs
3,462
3,462
General administrative costs
6,211
6,211
Legal and professional costs
4,800
4,800
125,460
125,460
9
Trustee remuneration and expenses
One or more of the trustees has been paid expenses in the current or prior periods.
2024
Number
Number of trustees paid expenses
1
The nature of the reimbursed expenses
Travel Costs: rail fare and mileage
£
Total expenses reimbursed to trustees
341		 Total
2023
£
1,696
1,696
Total
2023
£
95,000
17,298
49,985
54,076
216,359
Total
2023
£
111,586
2,452
6,403
5,200
125,641
2023
Number
-
£
-

Page 14

RSGB LIMITED Notes to the Accounts

10 Staff costs
2024 2023
Salaries and wages 104,678 105,248
Pension costs 6,309 6,155
110,987 111,403
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2024 2023
Number Number
2 2
2 2
Pension Scheme: NEST
11 Tangible fixed assets
Fixtures,
fittings and Total
equipment
£ £
Cost or revaluation
At 1 April 2023 3,771 3,771
Disposals (3,297) (3,297)
At 31 March 2024 474 474
Depreciation and
impairment
At 1 April 2023 3,771 3,771
Disposals (3,297) (3,297)
At 31 March 2024 474 474
Net book values
At 31 March 2024 - -
At 31 March 2023 - -
12 Debtors
2024 2023
£ £
Trade debtors 10,992 14,904
Amounts owed by group undertakings 7,671 -
Other debtors 3,090 2,135
21,753 17,039

Page 15

RSGB LIMITED Notes to the Accounts

13 Creditors:

amounts falling due within one year

Trade creditors
Other taxes and social security
Other creditors
Deferred income
14 Creditors:
amounts falling due after more than one year
Deferred income
15 Movement in funds
At 1 April
2023
Restricted funds:
Unrestricted funds:
General funds
302,137
Total funds
302,137
16 Analysis of net assets between funds
Net current assets
Creditors due in more than one year and
provisions
17 Reconciliation of net debt
Cash and cash equivalents
Net debt		 2024
£
35,585
13,245
-
44,810
93,640
2024
£
1,650
1,650
Incoming
resources
(including
other
gains/losses
)
£
328,321
328,321
At 1 April
2023
£		 Resources
expended
£
(222,043)
(222,043)
Unrestricted
funds
£
410,065
(1,650)
408,415
Cash flows
£		 2023
£
5,320
(3,516)
670
1,400
3,874
2023
£
26,600
26,600
At 31
March
2024
£
408,415
408,415
Total
£
410,065
(1,650)
408,415
At 31
March
2024
£
315,572 166,380 481,952
315,572
315,572		 166,380
166,380		 481,952
481,952

Page 16

RSGB LIMITED Notes to the Accounts

18 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

Operating lease commitments
Annual commitments under non-cancellable operating leases		 are as follows:
2024
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the company
amounted to:
19 Related party disclosures
Controlling party		 2024
2023
Other
Land and
buildings
£
£
2024
£
6,309		 2023
Other
£
2023
£
6,155

Page 17

RSGB LIMITED Detailed Statement of Financial Activities

for the year ended 31 March 2024

Income and endowments from:
Donations and legacies
Donations
Grants
Charitable activities
Subscriptions
Fees
Investments
Deposit Account Interest
Total income and endowments
Expenditure on:
Charitable activities
Projects
Subscriptions
Fees
Website Grant
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Pension costs
Staff entertainment
Motor and travel costs
Travel and subsistence
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures, fittings
and equipment
Bank charges
General insurances
Information and publications
Stationery and printing		 Unrestricted
funds
2024
£
13,263
146,000
159,263
49,663
114,633
164,296
4,762
4,762
328,321
12,000
8,956
22,378
53,249
96,583
96,583
104,678
6,309
-
110,987
3,462
3,462
-
811
1,783
1,413
-		 Total funds
2024
£
13,263
146,000
159,263
49,663
114,633
164,296
4,762
4,762
328,321
12,000
8,956
22,378
53,249
96,583
96,583
104,678
6,309
-
110,987
3,462
3,462
-
811
1,783
1,413
-		 Total funds
2023
£
-
224,445
224,445
38,873
45,116
83,989
1,696
1,696
310,130
95,000
17,298
49,985
54,076
216,359
216,359
105,248
6,155
183
111,586
2,452
2,452
-
858
1,552
437
153

Page 18

RSGB LIMITED

Detailed Statement of Financial Activities

Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income/(expenditure)
Net income/(expenditure) before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 1,318
596
290
6,211
4,800
-
4,800
125,460
222,043
-
106,278
106,278
-
106,278
302,137
408,415		 1,318
596
290
6,211
4,800
-
4,800
125,460
222,043
-
106,278
106,278
-
106,278
302,137
408,415		 2,779
196
428
6,403
4,800
400
5,200
125,641
342,000
-
(31,870)
(31,870)
-
(31,870)
334,007
302,137

Page 19