MERSEYSIDE & CHESHIRE BLOOD BIKES
TRUSTEE REPORT FOR THE PERIOD
1 NOVEMBER 2019 TO 31 OCTOBER 201920
Statement of Trustees Responsibilities
Under Charity Law, the Trustees are responsible for the preparation of the Trustee report and financial statement for each financial year. As the previous period commenced on the date the charity was awarded charity status (1 NOVEMBER 2019) it has been possible to amend the end period to 31 October 2020, the financial statement therefore shows a true and fair view of the of the Charities activities together with the income and expenditure for the period identified.
In preparing these financial statements, it is generally accepted that accounting practices entails that the trustees will: -
-
Select suitable accountancy policies and apply them consistently
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Make judgements and estimates which are reasonable and prudent
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State whether the recommendation of the statement of recommendations have been followed, subject to any material departures, disclosed and explained in the financial statement.
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State whether the financial statements comply with the constitution and Trust Charter, and where there has been any material departure, it has been explained in the financial statement.
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue its activities.
The Trustees are required to act in accordance with the Trustees Charter and to also act within the framework of the law. They are required to keep proper accountancy records enough to disclose at any time and with reasonable accuracy, the financial position of the charity at that time and to enable the Trustees to ensure that where any statement of accounts is prepared by them under section 132(1) of the Charities Act 2011, those statements of account comply with the requirements of the regulations under that provision. They have general responsibility for taking such steps as they are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
Financial Statement
The independently examined accounts for the period 1 November 2019 to 31 October 2020 are attached herewith. The net income after expenditure was -£7,841..
Reserves
The Trustees believe that the net Current Assets ~~o~~ f £126,658 is enough to meet the future needs of the organisation, more so having secured donations for newer motorcycles which will reduce the overall running costs of the fleet for the year ahead.
However, with monthly accounts being provided to the Trustees, this will enable them to monitor the reserves as required and will allow them to be adjusted accordingly. The Trustees present herewith their annual report and financial statement for the accountancy period 1 November 2019 to 31 October 2020.
Governing Document
The organisation is a registered Charity operated under the rules of its governing Constitution dated 1 January 2016 as amended on 15 October 2018. The Management of the Charity is the responsibility of the Trustees who are elected under the terms of a Trustee Charter dated 1 January 2016 to which all Trustees are ascribed.
Principle Activities and Objectives of the Charity
To provide a free of charge, transport service to the NHS Hospitals and certain other organisations by carrying routine, emergency or critically urgent items, such as blood, blood samples, platelets, donor breast milk, patient notes and other equipment as required from time to time by the groups many clients. The group can transport anything which will securely and safely fit onto one if its motorcycles between Hospitals where that is required. We provide our service in the areas of Merseyside & Cheshire but can be called upon to transport to other hospitals outside this demographical area to which our group controls.
Review of Activities since 1 November 2019 - 31 October 2020
The Charity recorded the number of runs completed between 1 NOVEMBER 2019 and 31 October 2020 was 6027. These runs were completed by volunteer riders for the group to which we had at this time 70 in number, servicing 10 NHS Hospitals and clinics, plus The Marie Curie Cancer Care Hospice in Liverpool and The Wirral Mothers Milk Bank, both being registered charities, making 12 in total.
This report has been prepared in accordance with the requirements as laid down by the SORP (FRSSE) 2015
Dated this 2[nd] July 2021
Norman Corke (Trustee)
MERSEYSIDE AND CHESHIRE BLOOD BIKES
CHARITY NUMBER 1168294
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020
MERSEYSIDE AND CHESHIRE BLOOD BIKES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2020
| Notes | Restricted Funds |
Unrestricted Funds |
TOTAL | 2019 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Income from: | |||||
| Donations | 0 | 51,267 | 51,267 | 82,058 | |
| Grant | 2,000 | 0 | 2,000 | 45,436 | |
| Other | 0 | 217 | 217 | 1,867 | |
| Total Incoming Resources | 2 | 2,000 | 51,484 | 53,484 | 129,361 |
| Expenditure on: | |||||
| Charitable Activities | 3 | 2,000 | 30,269 | 32,269 | 29,578 |
| Depreciation | 0 | 32,872 | 32,872 | 17,553 | |
| (Profit)/Loss on Asset Disposals | 0 | (3,816) | (3,816) | 3,826 | |
| Total Resources Expended | 2,000 | 59,325 | 61,325 | 50,957 | |
| Net Resources Received (Expended) | 0 | (7,841) | (7,841) | 78,404 | |
| Transfer Between Funds | 0 | 0 | 0 | 0 | |
| Net Movement in Funds | 0 | (7,841) | (7,841) | 78,404 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
BALANCE SHEET
AS AT 31 OCTOBER 2020
| Notes | Restricted Funds |
Unrestricted Funds |
Total | 2019 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets | 4 | 0 | 78,275 | 78,275 | 80,827 |
| Current Assets | |||||
| Prepayments | 0 | 2,464 | 2,464 | 3,897 | |
| Cash at Bank and in Hand | 0 | 109,678 | 109,678 | 117,595 | |
| Debtors | 0 | 10,281 | 10,281 | 6,578 | |
| Current Liabilities | |||||
| Creditors | 0 | 1,054 | 1,054 | 1,412 | |
| Net Current Assets | 0 | 121,369 | 121,369 | 126,658 | |
| Net Assets | 0 | 199,644 | 199,644 | 207,485 | |
| The Funds of the Charity | |||||
| Net Funds | 5 | 0 | 199,644 | 199,644 | 207,485 |
| TOTAL | 0 | 199,644 | 199,644 | 207,485 |
Approved by the Board of trustees on 23/05/2021 and signed on its behalf by:
Signature
Print Name N. J. Corke
FOR THE YEAR ENDED 31 OCTOBER 2020
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
Basis of Preparation
The financial statements are prepared under the historical cost convention on an accruals basis and in accordance with the Charities SORP Financial Reporting Standard 102.
Income
Income from donations include all income or assets received by the charity in the period that is, in substance, a gift made to it on a voluntary basis.
Expenditure
Expenditure on charitable activities include costs in furtherance of the charities objectives and are those directly associated with achieving the charities goals:
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 THE MERSEYSIDE & CHESHIRE REGIONS.
There are no Governance costs incurred in connection with the management of assets, organizational administration and compliance with constitutional and statutory requirements.
Funds
Unrestricted Funds are funds which can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds are funds which must be used for a particular purpose as described by the donor.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less any estimated residual value, over their expected useful lives on the following bases:
All Vehicles 25% per annum straight line balance basis calculated on a monthly basis.
Equipment 33% per annum straight line basis calculated on a monthly basis.
A review of estimated motorcycle life was undertaken which resulted in an additional charge of £4,826 during the year.
Where assets have been acquired by donation, then the cost recognised in the accounts is the actual cost of the asset incurred by the donor.
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2020
Note
2
| Income | Restricted Funds |
Unrestricted Funds |
Total | 2019 |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| MonetaryDonations | 0 | 51,267 | 51,267 | 72,058 |
| Asset Donations | 0 | 0 | 0 | 10,000 |
| Grant | 2,000 | 0 | 2,000 | 45,436 |
| Other | 0 | 217 | 217 | 1,867 |
| TOTAL | 2,000 | 51,484 | 53,484 | 129,361 |
| 3 | Expenditure on Charitable Activities |
Restricted Funds |
Unrestricted Funds |
Total | 2019 |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Motorcycle Expenses | 2,000 | 23,231 | 25,231 | 19,958 | |
| Rent and Admin Expenses | 0 | 3,575 | 3,575 | 3,778 | |
| Merchandise | 0 | 873 | 873 | 3,807 | |
| Independent Examiner fees | 0 | 300 | 300 | 300 | |
| Professional Fees & Training | 0 | 1,983 | 1,983 | 0 | |
| Miscellaneous | 0 | 307 | 307 | 1,735 | |
| TOTAL | 2,000 | 30,269 | 32,269 | 29,578 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2020
4
| Tangible Assets | |
|---|---|
| £ | |
| Cost/Valuation | |
| As at 01 November 2019 | 106,085 |
| Additions – Acquisitions | 34,997 |
| Additions – Donated assets | 0 |
| Disposals | -20,500 |
| As at 31 October 2020 | 120,582 |
| Depreciation | |
| As at 01 November 2019 | 25,258 |
| Depreciation Review adjustment | 4,826 |
| Charge for theyear | 28,046 |
| Eliminated on disposal | -15,823 |
| As at 31 October 2020 | 42,307 |
| NET BOOK VALUE | |
| As at 31 October 2020 | 78,275 |
| As at 31 October 2019 | 80,827 |
Asset List: All Motorcycles are valued at cost less depreciation described in the Accounting Policies
| Net Book Value As At 31 Oct 2020 £ |
||
|---|---|---|
| Motorcycles | ||
| V1 | DF19RTO | 6,471 |
| V2 | DG70RXP | 14,197 |
| V3 | PE67BMU | 6,250 |
| V4 | LG18TNJ | 4,833 |
| V5 | LG18TGX | 4,833 |
| V6 | DG68UAU | 2,804 |
| V7 | DG68UAV | 2,952 |
| V8 | DG70RXU | 14,196 |
| Other Vehicles | 0 | |
| V9 | MJ17HVD | 17,476 |
| ICT and Other equipment | 4,263 | |
| TOTAL | 78,275 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2020
| 5 | Funds of the Charity | Restricted Funds |
Unrestricted Funds |
Revaluation Reserve |
Total |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Net Funds Brought Forward | 0 | 207,485 | 0 | 207,485 | |
| Net Resources Expended | 0 | (7,841) | 0 | (7,841) | |
| Transfer between Funds | 0 | 0 | 0 | 0 | |
| TOTAL | 0 | 199,644 | 0 | 199,644 |
6 Related party transactions
The charity has three trustees, none of which received any remuneration nor any reimbursements for expenses incurred.
Independent examiner’s report to the trustees of Merseyside and Cheshire Blood Bikes (Registered Charity Number 1168294)
I report to the trustees on my examination of the accounts of the above charity for the year ended 31st October 2020.
Responsibilities and basis of report
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charites Act 2011 (“the Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination, I have followed all 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.
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.
Signed:
Date: 24/05/2021
David Townley ACA FMAAT Townley & Co Limited
67 Bewsey Street
Warrington Cheshire WA2 7JQ
MERSEYSIDE AND CHESHIRE BLOOD BIKES
CHARITY NUMBER 1168294
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020
MERSEYSIDE AND CHESHIRE BLOOD BIKES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2020
| Notes | Restricted Funds |
Unrestricted Funds |
TOTAL | 2019 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Income from: | |||||
| Donations | 0 | 51,267 | 51,267 | 82,058 | |
| Grant | 2,000 | 0 | 2,000 | 45,436 | |
| Other | 0 | 217 | 217 | 1,867 | |
| Total Incoming Resources | 2 | 2,000 | 51,484 | 53,484 | 129,361 |
| Expenditure on: | |||||
| Charitable Activities | 3 | 2,000 | 30,269 | 32,269 | 29,578 |
| Depreciation | 0 | 32,872 | 32,872 | 17,553 | |
| (Profit)/Loss on Asset Disposals | 0 | (3,816) | (3,816) | 3,826 | |
| Total Resources Expended | 2,000 | 59,325 | 61,325 | 50,957 | |
| Net Resources Received (Expended) | 0 | (7,841) | (7,841) | 78,404 | |
| Transfer Between Funds | 0 | 0 | 0 | 0 | |
| Net Movement in Funds | 0 | (7,841) | (7,841) | 78,404 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
BALANCE SHEET
AS AT 31 OCTOBER 2020
| Notes | Restricted Funds |
Unrestricted Funds |
Total | 2019 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets | 4 | 0 | 78,275 | 78,275 | 80,827 |
| Current Assets | |||||
| Prepayments | 0 | 2,464 | 2,464 | 3,897 | |
| Cash at Bank and in Hand | 0 | 109,678 | 109,678 | 117,595 | |
| Debtors | 0 | 10,281 | 10,281 | 6,578 | |
| Current Liabilities | |||||
| Creditors | 0 | 1,054 | 1,054 | 1,412 | |
| Net Current Assets | 0 | 121,369 | 121,369 | 126,658 | |
| Net Assets | 0 | 199,644 | 199,644 | 207,485 | |
| The Funds of the Charity | |||||
| Net Funds | 5 | 0 | 199,644 | 199,644 | 207,485 |
| TOTAL | 0 | 199,644 | 199,644 | 207,485 |
Approved by the Board of trustees on 23/05/2021 and signed on its behalf by:
Signature
Print Name N. J. Corke
FOR THE YEAR ENDED 31 OCTOBER 2020
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
Basis of Preparation
The financial statements are prepared under the historical cost convention on an accruals basis and in accordance with the Charities SORP Financial Reporting Standard 102.
Income
Income from donations include all income or assets received by the charity in the period that is, in substance, a gift made to it on a voluntary basis.
Expenditure
Expenditure on charitable activities include costs in furtherance of the charities objectives and are those directly associated with achieving the charities goals:
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 THE MERSEYSIDE & CHESHIRE REGIONS.
There are no Governance costs incurred in connection with the management of assets, organizational administration and compliance with constitutional and statutory requirements.
Funds
Unrestricted Funds are funds which can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds are funds which must be used for a particular purpose as described by the donor.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less any estimated residual value, over their expected useful lives on the following bases:
All Vehicles 25% per annum straight line balance basis calculated on a monthly basis.
Equipment 33% per annum straight line basis calculated on a monthly basis.
A review of estimated motorcycle life was undertaken which resulted in an additional charge of £4,826 during the year.
Where assets have been acquired by donation, then the cost recognised in the accounts is the actual cost of the asset incurred by the donor.
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2020
Note
2
| Income | Restricted Funds |
Unrestricted Funds |
Total | 2019 |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| MonetaryDonations | 0 | 51,267 | 51,267 | 72,058 |
| Asset Donations | 0 | 0 | 0 | 10,000 |
| Grant | 2,000 | 0 | 2,000 | 45,436 |
| Other | 0 | 217 | 217 | 1,867 |
| TOTAL | 2,000 | 51,484 | 53,484 | 129,361 |
| 3 | Expenditure on Charitable Activities |
Restricted Funds |
Unrestricted Funds |
Total | 2019 |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Motorcycle Expenses | 2,000 | 23,231 | 25,231 | 19,958 | |
| Rent and Admin Expenses | 0 | 3,575 | 3,575 | 3,778 | |
| Merchandise | 0 | 873 | 873 | 3,807 | |
| Independent Examiner fees | 0 | 300 | 300 | 300 | |
| Professional Fees & Training | 0 | 1,983 | 1,983 | 0 | |
| Miscellaneous | 0 | 307 | 307 | 1,735 | |
| TOTAL | 2,000 | 30,269 | 32,269 | 29,578 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2020
4
| Tangible Assets | |
|---|---|
| £ | |
| Cost/Valuation | |
| As at 01 November 2019 | 106,085 |
| Additions – Acquisitions | 34,997 |
| Additions – Donated assets | 0 |
| Disposals | -20,500 |
| As at 31 October 2020 | 120,582 |
| Depreciation | |
| As at 01 November 2019 | 25,258 |
| Depreciation Review adjustment | 4,826 |
| Charge for theyear | 28,046 |
| Eliminated on disposal | -15,823 |
| As at 31 October 2020 | 42,307 |
| NET BOOK VALUE | |
| As at 31 October 2020 | 78,275 |
| As at 31 October 2019 | 80,827 |
Asset List: All Motorcycles are valued at cost less depreciation described in the Accounting Policies
| Net Book Value As At 31 Oct 2020 £ |
||
|---|---|---|
| Motorcycles | ||
| V1 | DF19RTO | 6,471 |
| V2 | DG70RXP | 14,197 |
| V3 | PE67BMU | 6,250 |
| V4 | LG18TNJ | 4,833 |
| V5 | LG18TGX | 4,833 |
| V6 | DG68UAU | 2,804 |
| V7 | DG68UAV | 2,952 |
| V8 | DG70RXU | 14,196 |
| Other Vehicles | 0 | |
| V9 | MJ17HVD | 17,476 |
| ICT and Other equipment | 4,263 | |
| TOTAL | 78,275 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2020
| 5 | Funds of the Charity | Restricted Funds |
Unrestricted Funds |
Revaluation Reserve |
Total |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Net Funds Brought Forward | 0 | 207,485 | 0 | 207,485 | |
| Net Resources Expended | 0 | (7,841) | 0 | (7,841) | |
| Transfer between Funds | 0 | 0 | 0 | 0 | |
| TOTAL | 0 | 199,644 | 0 | 199,644 |
6 Related party transactions
The charity has three trustees, none of which received any remuneration nor any reimbursements for expenses incurred.
Independent examiner’s report to the trustees of Merseyside and Cheshire Blood Bikes (Registered Charity Number 1168294)
I report to the trustees on my examination of the accounts of the above charity for the year ended 31st October 2020.
Responsibilities and basis of report
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charites Act 2011 (“the Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination, I have followed all 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.
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.
Signed:
Date: 24/05/2021
David Townley ACA FMAAT Townley & Co Limited
67 Bewsey Street
Warrington Cheshire WA2 7JQ