Merseyside and Cheshire Blood Bikes
Trustee report for the period, 1 st November 2021 to 31 st October 2022.
Statement of Trustees’ Responsibilities
Under Charity Law, the Trustees are responsible for the preparation of the Trustee report and the accounts for each financial year. This document, therefore, shows a true and fair analysis of the charity’s activities together with the income and expenditure consistently.
In preparing these financial statements the Trustees will
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●Select suitable accountancy policies and apply them consistently.
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●Make judgments, estimates, and development strategies when necessary.
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●Ensure financial statements comply with the
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Constitution, The Trust Charter and that all material departures are recorded within the financial statement.
During this period the charity generated donations of £30,424.00. Fleet expenditure and other general expenses totalling £42,999.00. Total funds held on the 31[st] of October 2022 are £201,050 for accountancy purposes.
Financial Statement
The independently examined accounts for the period 1[st] November 2021 to 31[st] October 2022 are attached herewith. The net income after expenditure was £12575.
Reserves
Net funds of £201,050 are sufficient to fulfill the future needs of the organisation, in addition, the purchase of
new motorcycles will significantly reduce overall running costs.
Monthly accounts are provided which enables reserves to be adjusted in accordance with the needs of the charity.
Governing Document
The organisation is a registered charity operated under the rules of its constitution dated 15[th] of October 2018. The management of the charity is the responsibility of the Trustees duly elected under the terms of a trustee’s charter dated 1[st] of January 2016 to which all Trustees are ascribed.
Method of appointment
The Trustees are appointed by means of individual selection based upon knowledge and expertise, dedication, reliability, and trust. All Trustees are nominated and elected by the governing board.
Charity objective
To provide a free-of-charge transport service to the NHS and other qualifying organisations. By carrying (but not limited to) routine, emergency, or critically required items such as blood, platelets, plasma donor breast milk, and patient notes. Any item which can fit, safely and securely on the vehicle will be carried when required. The service primarily operates within the Merseyside and Cheshire area but will travel outside these boundaries when required.
This report has been prepared in accordance with the requirements as set down by the SORP (FRSSE) 2015.
DATED 16[TH] AUGUST 2023
S.C.Dennett
For and on behalf of the Trustees
MERSEYSIDE AND CHESHIRE BLOOD BIKES CHARITY NUMBER 1168294
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022
MERSEYSIDE AND CHESHIRE BLOOD BIKES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2022
| 2021 £ 69,605 0 374 69,979 25,372 32,060 (1,434) 55,998 13,981 0 13,981 |
||||||
|---|---|---|---|---|---|---|
| Notes | Restricted Funds |
Unrestricted Funds |
TOTAL | 2021 | ||
| £ | £ | £ | £ | |||
| Income from: | ||||||
| Donations | 0 | 29,814 | 29,814 | 69,605 | ||
| Grant | 0 | 0 | 0 | 0 | ||
| Other | 0 | 610 | 610 | 374 | ||
| Total Incoming Resources | 2 | 0 | 30,424 | 30,424 | 69,979 | |
| Expenditure on: | ||||||
| Charitable Activities | 3 | 0 | 27,486 | 27,486 | 25,372 | |
| Depreciation | 0 | 26,572 | 26,572 | 32,060 | ||
| Net (Profit)/Loss on Asset Disposals | 0 | (11,059) | (11,059) | (1,434) | ||
| Total Resources Expended | 0 | 42,999 | 42,999 | 55,998 | ||
| Net Resources (Expended) /Received | 0 | (12,575) | (12,575) | 13,981 | ||
| Transfer Between Funds | 0 | 0 | 0 | 0 | ||
| Net Movement in Funds | 0 | (12,575) | (12,575) | 13,981 | ||
MERSEYSIOE AND OIÉSHIRE BLOOD BIKES BALANCE SHEEF ASAT31 OCTOBER 2022 Notes Restricted Fund5 Unrestrirted Funds Total 2021 FIMed A55ets Tan8ible Assets 49.229 49.229 S9,99J Curr•nt Assets Prepayments 2,346 151,947 Cash at Bank and in Hand 151.502 151.502 Debtors 623 623 1,190 Curr•nt Uabl1•S Creditors 2.352 2,352 1,848 N•t Curr•nt Amèts 151,831 151.821 153,635 Net Assets 201.050 201.050 213.625 The Funds ol the Chaffty Nèt Funds 201.050 201,050 213,625 TOTAI 20LOS0 201.050 213.625 Approved by ihe Board of tn15tees on" 0-1_ 2023 and si8ned on r<s bthalf ty. Slgnature Prlnt Name • Pbdj I1•¢5
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
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 charity’s objectives and are those directly associated with achieving the charity’s 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, organisational 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 and management team.
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 including Fixtures and Fittings 33% per annum straight line basis calculated on a monthly basis except computer upgrades at 50% per annum
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 2022
| ote 2 |
|||||
|---|---|---|---|---|---|
| Income | Restricted Funds |
Unrestricted Funds |
Total | 2021 | |
| £ | £ | £ | £ | ||
| MonetaryDonations | 0 | 29,214 | 29,214 | 69,605 | |
| Asset Donations | 0 | 600 | 600 | 0 | |
| Grant | 0 | 0 | 0 | 0 | |
| Other | 0 | 610 | 610 | 374 | |
| TOTAL | 0 | 30,424 | 30,424 | 69,979 | |
Note
| 3 | Expenditure on Charitable Activities |
Restricted Funds |
Unrestricted Funds |
Total | 2021 |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Motorcycle Expenses | 0 | 19,241 | 19,241 | 21,378 | |
| Rent and Admin Expenses | 0 | 6,010 | 6,010 | 3,247 | |
| Merchandise | 0 | 668 | 668 | 0 | |
| Independent Examiner fees | 0 | 300 | 300 | 300 | |
| Professional Fees & Training | 0 | 1,267 | 1,267 | 363 | |
| Miscellaneous | 0 | 0 | 0 | 84 | |
| TOTAL | 0 | 27,486 | 27,486 | 25,372 | |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
4
----- Start of picture text -----
Tangible Assets
£
Cost
As at 01 November 2021 121,661
Additions – Acquisitions 25,402
Additions – Donated assets 600
Disposals -43,320
As at 31 October 2022 104,343
Depreciation
As at 01 November 2021 61,671
Charge for the year 26,572
Eliminated on disposal -33,129
As at 31 October 2022 55,114
NET BOOK VALUE
As at 31 October 2022 49,229
As at 31 October 2021 59,990
----- End of picture text -----
Asset List: All Motorcycles are valued at cost less depreciation described in the Accounting Policies
| Net Book Value As At 31 Oct 2022 £ |
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|---|---|---|---|
| Motorcycles | |||
| V1 DE71KFT |
5,734 | ||
| V2 DG70RXP |
6,947 | ||
| V3 PE67BMU |
1,250 | ||
| V4 LG18TNJ (Fully written down) |
0 | ||
| V5 PF22DGE |
9,921 | ||
| V6 PF22DHG |
7,532 | ||
| V7 DK70YBE |
3,242 | ||
| V8 DG70RXU |
6,947 | ||
| Other Vehicles | 0 | ||
| V9 BJ12CFZ |
4,406 | ||
| ICT and Other equipment | 3,250 | ||
| TOTAL | 49,229 | ||
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
----- Start of picture text -----
5 Funds of the Charity Restricted Unrestricted Revaluation
Funds Funds Reserve Total
£ £ £ £
Net Funds Brought Forward 0 213,625 0 213,625
Net Resources Expended 0 (12,575) 0 (12,575)
Transfer between Funds 0 0 0 0
TOTAL 0 201,050 0 201,050
----- End of picture text -----
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 2022.
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:
David Townley
Date:
30 May 2023
David Townley ACA FMAAT Townley & Co Limited
Warrington Business Centre 67 Bewsey Street Warrington Cheshire WA2 7JQ
Independent examinerfs reportto the trustees of Merseyside and Cheshire Blood Blkes (Registered Charity Number 1168294) I report to the tYusteES on my exarnination of the accounts of the above tharity for the year ended 31st October 2022. Re5ponsibllitie5 and basls of report As the tharitvs trustee5. you are re5ponslble forthe preparat5on of the accounts in accordanee wbth the reouirements of the Charstes Art 20111.the Arfl. I report In respect of my examinatlon of the Charit5 accounts carrled out under stttlon 145 of the 2011 ACL In carrySng out myexamlnation. I have followed all applicable Dlfectlons given bythe Charfty Comrnission under section 145ISllbl irfthe Act. Independent examlnerfs statement I have completed my exarnin3tion. I confirm that no material matters have come to my attentlon In Dnnertion with the examination. I have no concerns and havè come across no Other matters In connè¢tlon wlth the examlnatltsn to whlch attention should be drzwn in this report In Order to enable a proper under5tandinB of the accounts to be reached. p..a r_.i. 30 May 2023 Si8ned: Dète: Dav5d Townley ACA FMAAT Townley & Co Limited Warrln8ttsn Business Centre 67 8ewsey street WaTrlngton Cheshire WA2 7JQ