MERSEYSIDE AND CHESHIRE BLOOD BIKES CHARITY NUMBER 1168294 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ocfoBER 2024
MERSEYSIDE AND CHESHIRE BLOOD BIKES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 ocfoBER 2024 Notes Restricted Funds Unrestricted Funds TOTAL 2023 Income from: Donations 65,792 65,792 62,094 Grant 16,150 16,150 Other 894 894 931 Total Incoming Resources 16.150 66.686 82.836 63.025 Expenditure on: Charitable Activities 31,301 31,301 30,194 Depreciation 24,382 24,382 20,772 Net IProfitl/Loss on Asset Disposals (3,484) (3.484) { 6661 Total Resources Expended 52,199 52,199 50,300 Net Resources Received (Expended) 16,150 14,487 30,637 12,725 Transfer Between Funds {16,1501 16,150 Net Movement in Funds 30.637 30.637 12,725
MERSEYSIDE AND CHESHIRE BLOOD BIKES BALANCE SHEEr AS AT 31 ocfoBER 2024 Notes Restricted Funds Unrestricted Funds Total 2023 Flxed Assets Tangible Assets 50,534 50,S34 38,196 Current Assets Prepayments Cash at Bank and in Hand 3,939 3,939 2,522 186,121 186,121 174,491 Debtors 5,121 5,121 1.604 Current Liabilities Creditors 1.303 1,303 3,038 Net Current Assets 193,878 193,878 175.579 Net Assets 244,412 244.412 213,775 The Funds of the Charity Net Funds 244.412 244,412 213,775 TOTAL 244,412 244,412 213,775 Approved by the Board of trustees on - - 2025 and signed on its behalf by: Signature Print Name
MERSEYSIDE AND CHESHIRE BLOOD BIKES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ocfoBER 2024 Accounting policies Basis of Preparation The financial statement5 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 Eift 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 BYTHE 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 and management team. Restricted fund5 are funds which must be used for a particular purpose a5 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 ocfoBER 2024 Note Income Restricted Funds Unrestricted Funds Total 2023 Monetary Donations Asset Donations Grant Other 65,792 65,792 61,444 350 16,150 16,150 894 894 1,231 TOTAL 16.150 66.686 82.836 63.025 Expenditure on Charitable Activities Restricted Funds Unrestricted Funds Total 2023 Motorcycle Expenses Rent and Admin Expenses Merchandise Independent Examiner fees Professional Fees & Training Miscellaneous 23,212 6,106 1.083 300 600 23,212 6,106 1,083 300 600 25,031 4,354 970 300 400 TOTAL 31,301 31,301 28,392
MERSEYSIDE AND CHESHIRE BLOOD BIKES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 ocfoBER 2024 Tangible Assets Cost/Valuation As at 01 November 2023 Additions - Acquisitions Additions- Donated assets Disposals As at 31 October 2024 110,191 40,486 -32,716 117,961 Depreciation As at 01 November 2023 Charge forthe year Eliminated on disposal As at 31 October 2024 71,996 24,382 -28,950 67,428 BOOK VALUE As at 31 October 2024 As at 31 October 2023 50,533 38,195 Asset List.. All Motorcycles are valued at cost less depreciation described in the Accounting Policies Net Book Value As At 31 Oct 2024 Motorcycles vi DE71KFT 1,686 V2 DG70RXP {Fully written downl DE24VVK V3 11,811 ii,iii 4,509 7,989 6,885 V4 DF74NWD V5 PF22DGE V6 DG74PLO V7 PE23KNX V8 DG70RXU(Fully written down) Other Vehicles V9 BJ12CFZ 2,156 4,386 50,533 Icr and Other equipment TOTAL
MERSEYSIDE AND CHESHIRE BLOOD BIKES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 ocfoBER 2024 Funds of the Charity Restricted Funds Unrestricted Funds Revaluation Reserve Total Net Funds Brought Forward Net Resources Received Transfer between Funds 213,775 14,487 16,150 213,775 30,637 16,150 {16,1501 TOTAL 244,412 244,412 6 Related party transactions The charity has four trustees. none of which received any remuneration nor any reimbursements for expenses incurred.
Independent examinerfs 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 2024. 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 ACY'I. 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(51{bl of the Act. Independent examinerfs 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: 18 Jun 2025 David Townley ACA FMAAT Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington Cheshire WA2 7JQ
ri Al Under Charity Law. the Trustees are responsible forthe preparation of the Trustee report and the 8ccounts for each financial ye8r. This document. therefore. shows 8 true and fair analysis of the charity's activities together with the income and expenditure consistently. In preparing these financial statements the Trustees will • Select suitable accountancy policies and applythem consistently. • Make judgments. estimates. and development strategies when necessary. Ensure financi81 statements comply th the Constitution, The Trust Charter 8nd that aLI material departures are recorded within the financial statement. During this period the charity generated donations of £82,836. Fleet expenditure and other general expenses totalling £52,199. Total funds held on the 31 st of October 2024 are £244,412 for accountancy purposes. Financial Statement The independently examined accounts forthe period 1 st November 2023 to 31 st October 2024 are attached herewith. The net income after expenditure was £30,637. Reserves Net funds of £244,412. are sufficient to fulfil 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 15th of October 2018. The management of the charity is the responsibility of theTrustees duly elected under the terms of a trustee's charter dated 1 st of January 2016 to which allTrustees are ascribed. Method of appointment The Trustees are appointed by means of individual selection based upon knowledge 8nd expertise. dedication, reliability. and trust. All Trustees are nominated and elected by the goveming board. Charity objective to provide a free-of-ch8rge transport service to the NHS and other qu8lifying organisations. By carrying (but not limited tol routine. emergency. or critically required items 8uch 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 8re8 but will travel outside these boundaries when required. This report has been prepared in accordance with the requirements as set down by the SORP IFRSSE) 2015. M.J.Holmes For and on behalf of the Trustees DATED 6" June 2025