Char5ty number: 1168487 BABIES IN BUSCOT SUPPORT UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
BABIES IN BUSCOT SUPPORT CONTENTS Page Raf•rgnrA and admlnlstratlve dotall8 of the Charlty. Its Trustees and advls8rs Trustees. report Ind8p8ndant examlnerfs iaport Statement of financial actlvltlos Balance sheet Notes to the flnanclal statements 9-16
BABIES IN BUSCOT SUPPORT REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2024 Trustgas Naomi Jones, Chair Sarnantha Harris, SoGretary David Jones, Treasurer Charlty Reglslèred Number 1168487 Prlnclpal Offlco Buscot Ward Royal B8rkshira Hospital Readlng Berkshire RG15AN Chlef Executlve Offl¢•r Sarah Critchley Accountants KBDR Ltd Chartered AcGountants The Old Tannery Hensinglon Road Woodstock Oxfordshlre OX20 1JL 8anker8 Cafcash Limited Kings Hill Wesl Malling Kent ME194TA Page 1
BABIES IN BUSCOT SUPPORT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2024 The Trusl8es pr8sent their annual report together with th8 financlal statements of the Babies in Buscot Support for tha 1 June 2023 to 31 May 2024. ObJectlve8 and actlvltles a. Pollclas and obJ8CtIvès The principal object of the Charity is to preserve and protect the mental and physical health of sick and premature babies Irealed on Buscot Ward (Neonatal Unlt) of the Royal Berkshire H05Pital, alongslde that of Iheir parents, guardians and famili88, by the provision of information and support. There have been no Ghanges since the last raport. In selling objecliv8s and plannlng for actlvllles, the Trustees have given due conslderation to general guldance publlshed by th8 Charlly Commlsslon relatlng to publlc benefll. Includlng the guldance 'Public benefil.. running a charlty (PB2)'. b. Strateg188 for achlevlng obJtctlve8 The Charlty undertakes fund ralslng and recelves donallons to a¢hleve our maln objective. Our core strategies revolve around four maln ara8s. whSch the Trustees call keeping Buscol famllles S.A.F.E. {Support, Awareness. Facilities and Equipment). . Actlvltles undertaken to achleve objectlves The Charity supports families by funding the work of a profession81 Fami Support Worker 8nd runnlng community sUPPOrt groups for famllles to acc8ss p88r 8UPPOrt PO8t-d18charg8. The Charlty also funds 8taff Iralnlng for nursing and medical staff. The Charity ralses awareness ol issues related Io 8icknès$ 2nd prematurity at birth and helping families adjust lo life on Buscol Ward. The Charity refurbishes and fflainlains ward f8cilities and provid8s medical and other equipment which is benaficial to the welfare of babies and their familles. The Charlty provldes glfts for bables, famllies and nursing and medlcal staff at Intery818 throughout the year lo help boost morale and well-being. Page 2
BABIES IN 8USCOT SUPPORT TRUSTEES, REPORT (CONTINUEO) FOR THE YEAR ENDED 31 MAY 2024 Objectives and actlvllles Iconllnued) d. Maln actlvltles undèrtakèn to furth8r thè Charlty's purposes for thè publlc benoflt In 2023124, the Charily Provided support for famllles through the woth of our Famlly Support Workèr. Throughout the year we provided 13 hours of family support per week, including holding two monlhly communily support groups In locatlons whllst ensurlng continuity of care beeen the ward and aomrllunily settings. In April 2024, our Family Support Worker left to pursue a career in matemity 5upporl, leading to an unavoldable break In the provision of 5ervi¢es whilsl we recruited and gained the n8cessary clearanc6s for a replacemént {comm8nclng September 2024). In addillon, thg Charity has continu8d our exponded Family Support servicos by lunding prfvata counselling and tharapy for parents of babigs discharged from the neonatal unil who suffer from menlal health conditions such as trauma, PTSD. separation anxiety, and who may struggle lo bond wlth their babie3. A review of this relatively new area of service provision for the charity, was r8sounding in its pralse and included the feedback that the post-disaharg6 therapy provlded w8s instrumental In prevenling the sui¢lde of one mothar. Wa also funded taxi transport from hom6 for a non-driving parent who had no access to public transport so th8t sh8 could b8 wlth her baby at Chrlslmas and beyond. The Charity contlnued to fund the Ilcence for vcreate SOfare a secure vldeo and photo dlary resource for families lo acc888, easing the slrain of separation baeen par8nls and babies. Awareness ralslng of Issues related lo prematurlty and sickness at birth conllnued via the Charity's soclal media pl8lforms, website and the $haring of printed publications alongsido the purchas8 of branded merchandise lo malnlaln visibility of the worfi of the charity. Thè Charity marked World Premalurlty Day in November 2023 with a special tea party hosted for currenl paren15 on the ward and an ewareness raising Stall In the foyer of the maln hospilal building. In the autumn of 2023 an Advanced Neonatal Nurs& Pr8¢1itioner was funded to altend UNICEF Baby Frlendly Conferenc8 In parson Includlng Iravèl and accommodation costs. The Charity funded Ihe purchase of: Two micro-preamie resuscitation simulation dolls at a cost of £1,260 Thr8e pairs of Occupational Therapist recomm8nd8d posltlonlng aids to asslst In physical and neurologlcal development of bables called'zaky Hands" cosling £440 A Tumbleform baby seat for babSes who have long stays on Buscot Ward and reach weanlng age, needing safe feeding positions OT benefit from face-to-face inleraclion with parents cosllng £518 A br8nd new SLE v8nlilator used to assist babies. br88thing at 8 cost of £33.955 Six more Ocura breaslfeeding chairs meanlng that every col and Incubator now has appropriate 8nd comfortable seating available for parents costing £10,130 Facllitles were Improved through Investing in a new leather sofa bed for th8 Parent's Lounge l Flat 3, plus Iwo much-needed new electric recllnlng leather sofas for the Famlly Room alongside replaGemenl roller blinds providing a calm home-from-home environment. In addition the Charity funded repalrs lo a dining table, new waterproof mattress covers, a restock of cot labels, and ten replacement pairs of over-8ar headphon@s for us8 during ward rounds allowlng some families to remaln wlth Ihelr bables whilst listening to muslc. whilst other families discuss their babS progress with medics. Gifts for famllies and bables were given Ihroughout the year Includlng Motherfs and Father's Day, Easter, Chilstmas, and World Prematurity Day. Small items w8r@ dlslrlbuted throughout the year often through Welcome Bags including muslin cloths, breastFeeding covers, 'Buscol Graduate, vests, Insulated lidded cups for cot side hol drinks, and cards and gift boxes including words of supporl lo help familie5 build resilience and galn comfort. The Breakfast Basket in the Family Room was kept well stocked throughout the year with cereals and breakfast bars and biscuils to onsure families had free access to sustenance avai18bl8 when needed. Gifts for up lo 70 ward staff were provided at Easter and Christmas.. Page 3
BABIES IN BUSCOT SUPPORT TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 A¢hlevements and performance a. Maln achl8vements of the Charlty The Trustees recognise the conlinuing challenges faced by the Charity in what remains a very diffi¢ull fundraising environment following the pandemic and cost of living crisis. In spSte of thls, the majority of funding needs for Buscol Ward outside of core NHS budg&t ware mel by the Charity, and charitable spend Increased in real terms year-on-year for the second consecutive year. Greater stability in hospital management positions and Ihe forward planning and partnership worklng of the ward mean that in future years this expenditure will conlinug lo rise alongside the continuous improv8menls in the family experience we wish to deliver. The Charity has provlded contlnuily of support, hglpad improv8 awar8n8ss and understanding of the experlence of slck and pr8malure babies and their familles. Improved key ward facilllles and purchased numerous items of equlpment and gifts which have greatly improved outcomes and experlences for families on Buswt Ward. Flnanclal revlew . Golng concern After making appropriale enqulries. the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operallonal èxistence for the foreseeable future. For thls reason, they continue to adopt the going concern basis In pr8paring the financial statements. Further delail$ rag8rding the adoption of the going concern basls can b8 found in the accounling policies. b. Reserves pollcy It 1$ the pollcy of the Charity lo maintain unrestricted fijnds, whlch ar8 th8 free r8S8rves of the Ch8rity, at a lev81 whiGh equates lo a mlnlmum of six months of commitled expenditure and lo a maxlmum of 18 months average ncome. based on planned slgnlflcant expenditure such as the investment in new ward equlpmenl. Reserv08 are once more comfortably within our policy rang8, reduced from lgvels seen in recent years. We anlicipale Ihal reserves will romaln wlthln pollcy, but contlnue to fall lo lower lev81s, due to several fundlng requests under conslderalion currently. structure, governance and management a. Constitutlon Babies in Buscol Support is a r8glstered charlty, numbgr 1168487, 8nd is conslituled under a Charlly Commission Sch8m8. b. Methods of appolntment or electlon of Trustees The manag@m8nl of Ihe Charity is the responsibility of the Trustees who ar8 818Cted and CopIed undgr lh8 terms of the Charity Commission Scheme. Page 4
8A8IES IN BUSCOT SUPPORT TRUSTEES. REPORT ICONTINUEOI FOR THE YEAR ENDED 31 MAY 2024 Struclurt. o0¥aMan 4nd man&gèmont Iconllnu¢d . Organi8allDnal structure and declslon-maklng polloles The manag•ment ol the Chartty 1$ over8een by a Board ol TTUSt8&s who aro elected annually al t AGM. In appointing the Chiel Executh've, Ihe Truste86 have passed delegated aLrthority for day.td8Y déclslon making and man8g8m8nl to th8 poxl-hddér of this posltion. Trusteès remain responsible for decisiS relating lo strategy, policy and fisk, 2nd thos• da¢islons whlch exceod th$ limEi$ sel (yjt under the lerTn$ of the agreed d8leu8t8d authority poII¢y. d. Flnanclal 118k manaoom•nt Tho Trusleeg have 85ge$86d th8 rnalor rlsks to which th6 Charity is exposèd, in partGul8r thoso rolated to Ihé op8rallons and Inan$ ol thé Charity, and are sallsfled Ihat $ystéms ond procedufe$ ala in place lo mltigats gxposure lo the major rS$ks. stat•m•nt of Tru•t•••' rn%pon8lblllll¢s The Truslo&s ai• r•sponsible for preparina th• Trusleos, roport and thé financlal statements Sn ae¢ordance with appllcablé l•N and Unil•d Kirydom Acry)unting Standards Iunltéd Kingdoffl G8n8rally Acc•pt•d Actounln9 Pr8cbc8). The I Bppliceble lo ¢harili08 In En918nd & Wklos raqulres the Trustee3 to prepar& financlal slalemenls lor each Ilnanclal N%thich giv6 a true and fair vithv ol th8 51810 ol affalrs ol tho Chofity and of its incoming resour¢o$ and application ol re8our¢g8, Includlng Its Incomg and 8xpenditure, for that poriod. In prepwlnq these finan¢lal statomonts. Iha Trusloes aré Mquif•d lo.. $o1¢¢l suitablg accounting pollei•S and thèn apply thom consislfjnlly, observe Iho Malld$ ond prfncjplfys of tho Chaiitie$ SORP {FRS 102>., mako judgmenis and accountlno estlmal•s that arè reasonable 4nd PNd•nt; st818 1th8lher appll¢ablé UK ArKounbn9 Standards (FRS 1021 have been lollThed, sublocl to any m*orial d•pArturas di$clos•d and •xplained In th8 flnanelal $latem8nls', prep8rè the financial 8talerneTrts on the golng ¢oncern basis unless 1118 inapproprlat8 to presume that tho CPiarfty wll continue in bu8lMss. The Tftr$tffi$ are re$ponsiblo for koéplng Sauate accounting f•¢ords that 4re sufficient lo and explaln the Chaiill$ Iransacllons and dscIo59 with rea80nable accuia¢y ai any tim8 thè financlal pojilion of the Charlty and enable thom to ensure thal the tiftancl81 Statements cornply Iha charleS Act 2011, tho Charity (Acc4Junts and Reports) R8gul8iion6 20U8 and the provi¥ions of the Charity Commission Scheme. Thèy art 4lso respon51ble for Aafeguarding Iho a55ets of tha Chadty and hence for tsking fftasonable steps for the prevention and doteclion ol fraud atxj olher lffe9ularStles, Approvod by order of the membèrs of tho board of Trust••$ and ilgned on thpir behalf by.. Naoml Jonai Divld Joftè$ Dato.. 27 November 2024 P8p5
BABIES IN BUSCOT SUPPORT INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2024 Independent examiner's report to Ihe Trustees of Bablos In Buscot Support ('the Charlty'l I repori to Ihe charity Trustees on my examination of the accounts of the Charity for the year ended 31 May 2024. Responslbllltles and basls of report As the Trustees of the Charity you ar8 r8sponsiblg for the preparation of the accounts in accordance with th8 raquir8m8nls ol the Charities Act 2011 ('Ihe 2011 Act,). I report in respert of my examinalion of the Charlvs accounts carrled out under sectlon 145 of the 2011 Acl and In Garrying oul my 8xaminalion I have followed the applicable Directions given by th& Charity Commission under section 145151(b) of tha 2011 Acl. Indepondent •xamlner'g statement Your attentlon Is drawn to Ihe fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal Reportlng Standard appllcablo in thè UK and Rapubllc of Ireland {FRS 102) In preference to the Accounlln9 and Reporting by Chariti&s.' Staternenl of R6commènd8d Practice 18sued on 1 Aprll 2005 whlch Is referred to In the extant regulations bul has been withdrawn. l und8rstand that Ihis has b88n don8 in ord8r for tha accounts to provide a true and falr vlew In accordance wlth th8 Generally Acc8Pt8d Accounllng Pracllc8 effectlve for reportlng perlods beginning on or 8fter 1 January 2015. I have completed my ex8mlnallon. I confirm Ih8t no matters have comè to my allenllon in connection with the examlnallon glvlng me causè to ball8ve that in any malerlal respect: accounting records were not kept In respect of the Charlty as required by $8clion 130 of the 2011 Act,. or the a¢¢ounls do not a¢¢ord with those records,. or th8 accounts do not comply wlth th8 8ppllcabl8 r8qulrem8nls concerning the form and contanl of accounts set out In the Charltles IA¢wunts and Reports) Regulallons 2008 olher than any requlremenl that the accounts give a 'lrue and fair, vi8w which is not a matter consldered as part of an indepondent examination. I have no conGerns and have come across no other matters in conneGlion wilh the examination to which attenllon should be drawn In Ihis report In order to enable a proper understanding of the accounts lo be ré8¢hed. Thls report Is made solely to the Charitys Trustees, as a body, In accordance with Part 4 of the Charitles (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slate to the Charilvs Trustees those matters l am requlred to stale to them In an Independent 8xaminerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other Ihan the Charity and the Charity's Trustees as a body, for my work or for this report. Signed.. Dated: 28 November 2024 Lorraine Bulle FCA The Old Tannery, Henslngton Road Woodstock OX20 1 JL Pag8 6
BABIES IN BUSCOT SUPPORT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024 Unrestrlcled funds 2024 Total funds 2024 Total funds 2023 Note Income from: Charitable activities Investmenls 98,266 1.697 98,266 1,697 81,261 1,113 Total In¢ome 99,963 99.963 82,374 Expendlturè on: Charitable aclivili88 130,267 130.267 111,278 Total expendlture 130,267 130,267 111,278 Not mov4mont In funds (30,304) 130,304) (28,904) Reconclllallon of funds: Total funds brought forward Net mov8m8nl in funds 125,201 130,304) 125,201 130,304) 154,105 {28,904) Total fund8 carrl•d forward 94.897 94,897 125,201 The Statement of linancial activities includes all gains and losses recognlsed in Ihe year. The notes on page5 9 lo 16 form part of these financial statements. Page 7
BABIES IN BUSCOT SUPPORT BALANCE SHEET AS AT 31 MAY 2024 2024 2023 Noto Flxed assats Curr•nt asaotj Oebtors Cash at bank and in hand 10 4,425 91,747 4,239 122,701 96,172 126, 940 Credltors.. amouThts fslllng du• thin one year 11 {1,275) (1, 739) Net current ai•ets 94,897 125,201 Total asset8 less current Ilabllltle8 94,897 124201 Net assets •x¢ludln9 p•n•lon as••t 94,897 125,201 Tolol net aggelg 94,897 125,201 Charfty fund• Unr•slri¢l•d funds 13 94,897 124201 Total lund• 94897 725,201 Tho financiAI statements wero approv•d Jnd authorised lor Issue by Iho Truslaes on 27 Nov8rnber 2024 and signed on their behalf by.. N40ml Jon•8 David Jon•* The notes w pag08 910 16 lom) part of theso finanaal siat•m8nts. Pege 8
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 General information Babies in Buscot Support is a Charitable Incorporated Organisalion (CIO), and is reglst6r8d wilh the Charily Commission for England and Wales (charity number 1168487). The Charity was registered with Ihe Charity Commlssion on 28 July 2016. Th& Charlty's prlnelpal office address is Buscol Ward, Royal 8erkshirè Hospital, Reading, Bérkshire, RG1 SAN. Formerly the Charity was an Unincorporaled Association registered with the Charity Commlssion (registered number 297821). Accountlng policlos 2.1 Basls of preparatlon of flnanclal statements The financlal Statements have been prepared In accordance wllh the Charltles SORP (FRS 102) - Accounting and Reportin9 by Charilies: Slatemenl of Recommended Practicè appllcabla to charilles preparing their accounts in accordance with the Financial Reportlng Standard applicable in th8 UK 8nd Republic ol Ireland (FRS 102) (effective l January 20191, the Financial Reportlng Standard applicable in the UK and Rèpublic of Iraland {FRS 102> and Ihe Charities Act 2011. The flnan¢lal statements have been prepared to give a 'true and falr, view and have d8parted from the Charities (Accounts and Reports) Regulalions 2008 only to Ihe extent required to provide a 'true and falr, vlew. This departure has involved following the Charitiès SORP (FRS 102) publlshed in October 2019 ralher than Ihe Accounting and Reporting by Charities., Statement of Recommended Praclice effectlve from 1 Aprll 2005 whlch has slnce been withdrawn, Babies in Buscot Support meels the deflnltlon of a publlc benefit entity under FRS 102. Assets and Ilabllllles are initially recognised at historical cost or transaction valu8 unless otheTWiSÉ Stalèd in the relevant accountlng pollcy. 2.2 Income All Incomé Is recognised once tha Charity has entlllement to the Income, il is probable that the income will be re¢elved and the amount of incom8 r8C8ivable can be measured reliably, Income tax re¢over8ble In relallon to Investment Income Is recognised at the tlme the investment Income Is recelvabla. 2.3 Expendlturo Expendltura Is recognlsed once th8r8 is a 18gal or conslructiva obllgalion lo transfer economic benefit lo a third party, it is probable that a transfer of economic benefits wlll be required In 5ett18ment and the amount of the obligation can be measured reliably. Expendlture Is classified by acllvity. The costs of each activity are made up of Ihe total of dlrect Costs and shared costs, including 5UPPOrt cosb involved in und8rtaking each activity. Direct cosls allribulable to a slngle activity are allocated directly lo that acllvlty, Shared costs whlch contribute lo more than on8 aclivlty and support costs which are not attributabl8 to a single activity are apportioned between those activities on a basis conslstent th the use of rgsources. Central staff costs are allocat8d on the basls of limg spent, and depreciation charges allocaled on the Portlon of the asset's uso. Expenditure on ¢harilable activitiès Is Incurred on directly undertaking the acllvltiès which further the Charivs objectives, as well as any asso¢ialed support cosls, All expenditure is inGlusive of irrecoverable VAT. Page 9
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Accounting pollcles (contlnued) 2.4 Interest recèivable Inlerest on funds held on deposit is included when receivable and the amount can be measurèd reliably by the Charlty,, Ihls is normally upon notification of the interest paid or payable by the institution wilh whom Ihe funds are deposited. 2.5 Debtors Trade and other debtors are rgcognls8d at the sett18menl amount after any trade discounl offer8d. Prepayments are valued at thg amount prapaid nel of any trade discounts due. 2.6 Cash at bank and In hand C8sh et bank and In hand includes cash 2nd short-lerm hlghly liquid investments with a short maturity of three months or less from th8 dala of 8C9uisilion or opening of the d8posiI or similar account. 2.7 Llabllltles and provlslons Liabili1188 are recognised when there 18 an obligation al the Balance sheet date as a result of a past event, 11 Is probable that a transfer of economic benefit will be requId In settlement. and the amount of Ihe s8tllem6nt C8n be astimaled reliably. Liabililies are recognised at the amount that the Charity anticlpates11 will pay lo sellle the debt or the amount il has recelved as advanced payments for the goods or sèrvices it must provid8. Provision5 are measured al th& best estimate of the amounls required lo settlo the obligation. Whera the offoct of the tlme value of money is material, the provlslon Is based on the present value of those amounts, discounted at Ihe pro-tax discount rate that reflects the risks spacific to the liability. The unwlndlng of the discount is recognSs8d In th8 Slat8menl of financlal aclivlt188 as 8 finance Cost. 2.8 Flnanclal Instrument8 Th8 Charity only has financial assets and finan¢lal Ilabllltles of a kind that qualify as basic financial Instruments, Baslc financlal Instruments are inltlally recognlsed at Iransactlon value and subsequently measured at their settlemgnt value with the excgption of bank loans which ar8 subsaquenlly measured at amortised cost uslng the effective inl8resl method, 2.9 Penslons The Charity operale5 a defined contribution pension scheme and the pension charge represents the amovnls payable bythe Charlty to the fund in respect of tho year. 2.10 Fund aceountlng G6n6ral funds are unrestricted funds which ara avallable for use at the discr8tion of th8 Truste8s in furtherance of the general oblectlves of Ihe Charity and which have not been deslgnated for other purpose5. Investment income. gains and losses aro allocated to the appropriate fund. Page 10
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Income from charltable aclivitles Unrestrlcted funds 2024 Total funds 2024 Total fjunds 2023 Fundraisin9 - Corporato & Foundalions fundraising and fundraising event Income 98,266 98,266 81,261 Invostmgnt Income Unrestrlcted funds 2024 Total funds 2024 Total lunds 2023 Interest receivable 1.697 1,697 1,113 Analysls of expendlturo on charftabla actlvltles Summary by fund typa Unrostrictèd funds 2024 Total 2024 Tot81 2023 Donations to Buscot ward and family support Fundralsing 71,847 58,420 71,847 58,420 62,518 48, 760 130.267 130,267 111,278 Page11
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Analysls of expendlture by aclivitlos Actlvltles undartakèn directly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Donatlons to Bus¢ot ward and family support Fundraislng 71,847 45,699 71,847 58,420 62,518 48,760 12,721 117,546 12,721 130,267 111.278 Analysls of dlract cost8 Total funds 2024 Total funds 2023 Donations Fundralslng 2024 2024 Staff costs Support Awareness Facililies Equlpmenl Glfts and other expenses 38.971 38,971 7.664 470 34,478 5,958 762 675 47.393 12,043 7,664 470 4.301 46,302 13.110 4.301 46,302 19,838 6.728 71,847 45,699 117,546 101,309 Total 2023 62,518 38,791 101,309 Page 12
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Analy815 of gxpenditur8 by actlvltles (contlnued) Analysls of support costs Total funds 2024 Total funds 2023 Fundralslng 2024 Staff costs Admlnistration, travel and storage Indepencjent ex8miner costs 6.011 6.122 588 6,011 6,122 588 5,713 3,672 584 12,721 12,721 9,969 Indapènd?nt examlner's remuneratlon 2024 2023 Fees payable to the Charlvs independent examln8r for th8 independent ex8mlnalion of th8 Charltys annual accounts 588 584 Staff cost8 2024 2023 Wagas and salarigs Contribution lo defined contribution pension scham68 42,840 2,142 38,329 1,862 44,982 40,191 The average number of persons employed by the Charlty during the year was a5 follows: 2024 2023 No employae racelved remuneration amounting to more than £60,000 in either year, Pag8 13
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Trustees. remuneration and expenses During the year. no Trustees received any remuneratlon or other benefits (2023 - £NIL). During the year ended 31 May 2024, no Trustee expenses have been incurr8d (2023- £NIL). 10. Debtors 2024 2023 Due wlthln ono year othèr debtors Prepayments and accrued income 945 759 3,480 3,480 4,425 4,239 11. Credltors.. Amounls falllng du• wlthln one year 2024 2023 Other t8X81ion 8nd social securlty Pension fund loan payabl8 Othar credilors Accruals and deferred Income 471 194 22 588 345 242 1,152 1,275 1, 739 12. Flnanclal Instruments 2024 2023 Flnanclal a$$•t$ Flnancial assets measured at falr value through incom8 and 8xpendltur8 91,747 122.701 Financlal assats measured al fair value through income and expenditure comprise of Cash at bank and in hand. Page 14
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 13. Statgmgnt of funds Statement of funds - current year Balance at 1 June 2023 Balance al Incomo Exponditurft 31 May 2024 Unreslri¢ted funds Ggneral Funds - all funds 125,201 99,963 {130.267) 94,897 statemènt of funds . prlor year BalanGe al l June 2022 BalanGe 81 InGom8 Expendlture 31 May 2023 Unrestrlcted funds General Funds all funds 154.lQ5 82,374 (111, 218) 125,201 14. Analysls of net assots betwgan funds Analysls of not assets between funds- current parlod Unrostrlcted fund$ 2024 Total funds 2024 Current assels Creditors du& within onè yèar 96,172 {1,275} 96,172 (1,2751 Total 94,897 94,897 Page 15
BABIES IN BUSCOT SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 14. Analysis of net assets between funds {conllnued) Analysls of net assets bètwo8n funds - prlor parlod Unreslricled funds 2023 Tot81 funds 2023 Current assets Creditors due wilhln one year 126,940 (1. 739) 126.940 (1, 739) Totsl 125,2Q1 125,201 15. Pen8lon commltm•nts The charity op8ralas a deflned contribution pension scheme. Th8 8ss8ts of the scheme ar8 held separaloly from those of the group in an independently administered fund. The pension cost charge represents contribution3 payabl8 by the group to the fund and amounted lo £194 (2023 £242) were payable to the fund al the balanca sheet datè and are included In creditors. Page 16