MERSEYSIDE AND CHESHIRE BLOOD BIKES
CHARITY NUMBER 1168294
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
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MERSEYSIDE AND CHESHIRE BLOOD BIKES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2023
| 2022 £ 29,814 610 30,424 27,486 26,572 (11,059) 42,999 (12,575) 0 (12,575) |
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|---|---|---|---|---|---|---|
| Notes | Restricted Funds |
Unrestricted Funds |
TOTAL | 2022 | ||
| £ | £ | £ | £ | |||
| Income from: | ||||||
| Donations | 0 | 62,094 | 62,094 | 29,814 | ||
| Other | 0 | 931 | 931 | 610 | ||
| Total Incoming Resources | 2 | 0 | 63,025 | 63,025 | 30,424 | |
| Expenditure on: | ||||||
| Charitable Activities | 3 | 0 | 30,194 | 30,194 | 27,486 | |
| Depreciation | 0 | 20,772 | 20,772 | 26,572 | ||
| Net Profit on Asset Disposals | 0 | ( 666) | ( 666) | (11,059) | ||
| Total Resources Expended | 0 | 50,300 | 50,300 | 42,999 | ||
| Net Resources Received (Expended) | 0 | 12,725 | 12,725 | (12,575) | ||
| Transfer Between Funds | 0 | 0 | 0 | 0 | ||
| Net Movement in Funds | 0 | 12,725 | 12,725 | (12,575) | ||
ASAT JI OCTC•ER Illll X196 49.2tg DeNofS i.&)41 l522 U22 sh at 8an& •nd In 174.491 174.491 ISL5 l352 175J79 Its.775 iU.775 l*rf Fund> 201.050 TOTAL 2X17Y5
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
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.
The only governance cost incurred in connection with the management of assets, organisational administration and compliance with constitutional and statutory requirements, was the independent examiner’s fee of £300.
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 2023
| ote 2 |
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|---|---|---|---|---|---|
| Income Restricted Funds Unrestricted Funds Total 2022 |
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| £ £ £ £ |
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| MonetaryDonations 0 61,744 61,744 29,214 |
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| Asset Donations 0 350 350 600 |
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| Grant 0 0 0 0 |
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| Other 0 931 931 610 |
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| TOTAL | 0 | 63,025 | 63,025 | 30,424 | |
Note
| 3 | Expenditure on Charitable Activities Restricted Funds Unrestricted Funds Total 2022 |
Expenditure on Charitable Activities Restricted Funds Unrestricted Funds Total 2022 |
Expenditure on Charitable Activities Restricted Funds Unrestricted Funds Total 2022 |
Expenditure on Charitable Activities Restricted Funds Unrestricted Funds Total 2022 |
Expenditure on Charitable Activities Restricted Funds Unrestricted Funds Total 2022 |
|---|---|---|---|---|---|
| £ £ £ £ |
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| Motorcycle Expenses 0 20,471 20,471 19,241 |
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| Rent and Admin Expenses 0 7,971 7,971 6,010 |
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| Merchandise 0 970 970 668 |
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| Independent Examiner fees 0 300 300 300 |
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| Professional Fees & Training 0 400 400 1,267 |
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| Miscellaneous 0 82 82 0 |
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| TOTAL | 0 | 30,194 | 30,194 | 27,486 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
4
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Tangible Assets
£
Cost/Valuation
As at 01 November 2022 104,343
Additions – Acquisitions 11,723
Additions – Donated assets 350
Disposals -6,225
As at 31 October 2023 110,191
Depreciation
As at 01 November 2022 55,114
Charge for the year 20,772
Eliminated on disposal -3,891
As at 31 October 2023 71,995
NET BOOK VALUE
As at 31 October 2023 38,196
As at 31 October 2022 49,229
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Asset List: All Motorcycles are valued at cost less depreciation as described in the Accounting Policies
| Net Book Value As At 31 Oct 2023 £ |
Net Book Value As At 31 Oct 2023 £ |
Net Book Value As At 31 Oct 2023 £ |
|
|---|---|---|---|
| Motorcycles | |||
| V1 DE71KFT 3,710 |
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| V2 DG70RXP 3,323 |
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| V3 PE67BMU (Fully written down) 0 |
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| V4 LG18TNJ (Fully written down) 0 |
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| V5 PF22DGE 7,215 |
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| V6 PF22DHG 5,478 |
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| V7 PE23KNX 9,734 |
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| V8 DG70RXU 3,323 |
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| Other Vehicles 0 |
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| V9 BJ12CFZ 3,281 |
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| ICT and Other equipment 2,132 |
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| TOTAL | 38,196 |
MERSEYSIDE AND CHESHIRE BLOOD BIKES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
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5 Funds of the Charity Restricted Unrestricted Revaluation
Funds Funds Reserve Total
£ £ £ £
Net Funds Brought Forward 0 201,050 0 201,050
Net Resources Received 0 12,725 0 12,725
Transfer between Funds 0 0 0 0
TOTAL 0 213,775 0 213,775
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6 Related party transactions
The charity has five trustees, none of which received any remuneration nor any reimbursements for expenses incurred.
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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 2023.
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:
29 Jul 2024
David Townley ACA FMAAT Townley & Co Limited
Warrington Business Centre
67 Bewsey Street Warrington Cheshire WA2 7JQ
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