Blg Red Bus Club (INCORPORATED)
(Llmlted by guarantee)
rrustees, Report and Flnanclal Sratements
Period Ende
31 July 2024
Company Number 08132170
England ar￿ Wales Charity Number 1170704

Big Red Bus Club
IINCORPORATEDI Limhed by guaran1••
Pa
eNo
Legal and adminlstrative Infomiatlon
Trustees. Annual Report
10
Statement of Trustees. Responslbilities
11
Independent Exarniner's Report
12
Statement of Financial Actlvities
13
Balance Sheet
14
Notes formlng part of the Flnanclal Statefftents
Page 2 of 12

Blg Red Bus Club
(INCORPORATED) Llmited by guarantee
Legal and administrative Informatlon
Board of Trustee51Direclors
Maryann O'connor {Chairl IApp)inted 17 October 20251
Tetiana 8ohomazova (Appointed 17 October 2025
Rebecca Monro-5abatle
Claudia O'Brien
Ai$ha kott IRe518ned 17 ¢ktober 20251
Helen Warner
Resistered Offlc•
Clockhouse Cornmunity Centre, Defiance Walk,
London, SE18 SQL
Company number
12570232
England and Wal•s charlty number
1189215
Independent Examlner
Aplus Accountancy Llmlted
Bankers
HSBC plc
Pige J of 22

Big Red 8us Club
<INCORPORATED) Limited by guarantao
Trustees. Annual Report for the perlod ended 31 July 2024
Purpose
The objects of the charfty are to enhancc Ihc we1lb￿.ng, development and education of chlldrcn, thelr farnilles
and caiers by encouragin8 parents to understand and provlde for the needs of thelr children through communlty
groups and by:
(I I PfovidSng a range of appropriate play. educalion, recreation and training servlces, thai address and support
the needs of rhildren, their lamilles and their carers with a specific reference to parents and carers to became
involved in the activities of such groups, ensuring that such sroups olfer opportunitie5 for all children whatever
race, cuiiure, religion, sexuality, sender, means or ability. arml
(21 To provide a range of Inlorrnatlon, advlce, support and guidance services that encourages the study of the
needs of children and their families and promoting public interest in and recognition of such needs.
Constltutlon
Big Red Bu5 Club a charitable company limited by guaiantee, Incorporated on the 7 July 2012, and a registered
charily. The cofflpany was established under a memorandum of a550ciation which esiabllshed the objects and
power5 of the charitable company and Is governed under It5 Articles of A55(Kiation. In the event of company
being wound up each member of the Board is reqthred to contribute an amount not exceeding 110.
The Charlty memter and artlcles of a550dation were amended In 2020 and the Charity Is governed by Its
Management Committee elected annually by Charity members at Its Annual General Meeting. The Management
Committee should be no less than six members and the Mana9ement Commlttee has the rlght to co.opt
members, to be ratified at the next available Annual General Meetlng.
At the termly Management Commlttee meetlngs, Commlttee members agree Ihe bfoad sirategy and areas for
activity, including innovativc and creative ways to coproduce cornmunlty based hollstlc programme5 in the
furtherance of the Charitie5 aims and objectives.
The Management Cornmlltee ha5 a terfflly Finance subcomrnlttee whlch scwtlnlses in depth the finance,
prernise5 and human resources lunctions of the organisation and provides SUPPOrt and guidance to the wider
commitiee on these areas of the charity s activities. T￿ day.to.day activities of the Big Red Bus Club are
delegated to the Chlef Executlve Offlcer.
On appointment to the Management Committee trustee5 sign a model tnJstee declaration, which includes a
conflict-of.Interest detlaratlon and are provided with trainin8 and support ol Safeguardin8 and the Roles and
Rryionsibilitles of bein8 a twstee.
ALI Management Committee Members give Iheir time freely and no Committee Members were paid
remuneration In the year. Detalls of any Trustees, expenses are disc105ed In the note5 to the accounts.
Management Committee Members are required to disclo￿ èll releyanl interests and register them with the
Chief Executive and in accordance with Big Red Bus Club Management Committee Conflicts of interest policy.
Prlnclpal actlvltle5
The Board of Trustees presents its Annual Report and independently examined Finan(ial Statements for the
perfod ended 31 July 2024 which are also prepared to meet the requirements for a Directors. Report and
Accounts for Companies Act purposes.
The financial statenRnts comply wlth the Charities Act 2011, the Compartfes Act 2006, the hlemorandum and
Articles of Association, and Accounilng and Reporiin8 by Charltles: Statement of Recommended Pracllce
applicable to charities preparfnq thelr accounts In accordance wlth the Financlal Reporting standards
applicable in the UK and Republic of Ireland (FRS 1021 eflective from 1 January 2015.
P•sp 4 ol 22

Big Red Bus Club
IINCORPORATED) Llmrted by guaranta•
Trustees. Annual Report for the perlod ended 31 July 20Z41continuedJ
Revlew of the perlod and future actlvitie5
Stay and Play . Volunteér pro8rafflme
The pu(pose and core servile of the 618 Red Bus Club Is to dellver Our free, volunteer run. daily, term tlme
stay and play sessions for children under five and thelr families. Our speclally trained team of volunteers
provide a range of ed￿atIonaL and play activltles daily and provlde a chance for families to rneet and socialise.
The Big Red Bus Club could Trjt stay open w(thcwt Ihe support of our incredlble volunteers so we offer a wide.
compreheThsive and Iran5ferable training package whlch underpins all of the work we do at The Big Red Bus
Club.
The Bi8 Red Bus Club Tb¥as able to move into 202312024 with a Strong team on volunteers, who were able to
take ownefShlp of running wr daily stay and play sesslons. High volunteer relentlon meant that we were able
to offer additlonal Iraining, including 7 VolunteetS taking the opportunlty to extend their Makaton training and
undertakc Levcl 2, whlch has bcen a real a55et to 618 Red Bu5 Club famllles, partlcularly for those wlth
communicatlon challen8e5.
50% of our uscrs state that they use our 5ervlce due to It belns free, somethin8 that would noi be p05s1ble to
offer without our irKredible volunteer tearn.
176 Stay and Play sesSIIXIS
Over 7CK) Volunteer hours
1 I stay and play volunteers reLiined or recnjlted and tralned
Se55lon5 were attended by famllles Irom over 35 countrtes of 0rf8ln
Over 65% of users attended to help iheir chlldren make friends
4 Volunteers moved into efflploymenl or Jelf.employment
Speak Up ESOL Serylce
Speak up, our under flves playgroup for famTlles with English as an additlonal lanquage, 6s funded by Clty Bddge
Foundatlon. The alm of the group Is to provlde support to ihose who face barriers accesslng fomial ESOL
provisloti where children are welcome alonqside their adults. A tralned ESOL tutor alon8slde a play vffjrker are
In each session to support the family as a whole and provide opportunilie5 to practice conYer5ational Enqllsh.
We continue to see a slgniflcant number of Ukraln7an members uslng this seryice.
Ukralnlan Stay and Play
Our weekly Ukralnian stay and Play sesslons provlde a welcomin8. Ukralnlan lan8Ua8e stay and play sesslons.
Without further funding, The Big Red Bus Club has partnered vfith New Arrivals Support CIC to ensure that sye
are able to main(ain a Ukrainlan Speaking Play Worker in all sessions. We thank Ihem for their incredibly
erous SUPPOrt.
We have been able to run 36 term time weekly sessions, wlh addilional sessions runn5ng in school holSdays,
Including Christmas and Easter celebralions.
A highllght of the service was being wsited by Ihe Japan Local Government Centre and dclcgates of CLAIR
Icouncils of Local AULtr￿n[leS for IniÈrnaiional RelaiicthsTr io discuss co.pmduction workins and doveloping
services that users need.
Paqe 5 of 22

Big Red Bus Club
(INCORPORATED) Llmltod by guarantee
Trustees, Annual Report for the perlod ended 31 July 2024 {contlnued)
Revlew of the perlod and future actlyllles
Play Plus
Play Plus, funded by BBC Chlldren in Need, is our weekly sesslon for any children, under 5, needing supporl
with Iheii development. Our Play Plus provislon is a wlnt of referral from other local children centres. Our
lknkaton traIr￿ session staff have particular stren8ths in supporting Speech and Language development and
supportSng challenging kehaviour. l)ur session leader is a Makati)n tutor and Is able to make appropriate
referrals lo I￿aL S￿ch and Language serwces.
Over the past year, sessions have been attended by 27 lamilles, of WI￿1 90% of chfldren had started or made
slgnlflcani progfe55 acfOSS the year across the followlng outcomes:
Increase the number of social contacts and Interactions With under five SEND peers & Support the
child's wellbeing and fflental health through a range Df lun activitiÉs.
Improve child development rhrough increased exposure to educational SEND actlvltles
Strengihen child transition to fulure seltings through development opportunilies aThd exposure to a
range of Comm￿1(atIon activities
ND Power
As we ended 202212023. we secured funding from Royal Borough of Greenwich to implernent a service for
neurodiverse gTris. The Se￿ice has been set up with the support of a Steering Group of older teens aged 16.
18, havc been able to have a Say at)oul what serwces rhey would have liked to see. They have t¢en
involved in every scep of Ihe programme desi8n. including collaborating with how new Siaff should te
interviewed for the role.
The Service opened at The Clockhouse Communlty Centre. and has seen of attendees attend
more than 5 sessions.
Group users and the steering gfoup attended a Christmas trip ￿ The Queens House Ice Skating rink.
We would like to thank The Clockhou5e Communily Centre for their kind (h)nation of room hlre.
Moving into 2024125
The Big Red Bus Club will cont?nue to build on its values and principles:
I I Capaciry bulldlng and empowerlng of volunteer5
21 SupkK)rting volunteets to identify and innovate around the barrfers to their wellbeing
3) Scaffold volunteers to deliver and lead on their solutions
Although li ¢ontinues to be a difficult fundralsln8 envlronment, which our funding pipeline reflects, The 6ig
Red Bus Club has secured funding from Awards for All to coniinue to develop our Yolunteer programme and
offer additlonal training.
Page 6 of 22

Big Red Bus Club
(INCORPORATED) Llmitèd by guarantee
Tf Ustees. Annual Report for the perlod ended 30 July 2024 (continued)
Revlew of the perfod and future artlvltles (contlnued)
Public benefrt
The Tmstees ol Ihe Club, havfng iaken due regard of Ihe guida￿e issued by Ihe Charlly Commission on public
benefit, are satislied that the work of the Club fulfiLs its charilable aims. which are for the wider public
benefit.
Internal Control: Board of Tru5tee5
The Board is ultimately responsible for the Club's system of Internal control and for reviewing its effectiveness.
Hoyiever, the knrd recogntses that any such system can only manage and r￿t eliminate the risk of failure to
achieve bL￿InesS objectives. Also, it can only provide reasonable and not absolute a55urance against any
material misstatement or 105s. This system of internal control Is based on an ongoing pr￿e$S designed to
Identify and priorit15e any risks ro Ihe aChievery￿￿t of Club policies. aims and objectives and aspirations and
to eyaluaie the likellhood and Impacl of such risks being realised. The Board then seek5 to manage these
efficiently. effectively and econornicolly. These cc￿trOl$ are designed to give reasonable assurance with
respect to..
the reliabllity of flnancial inforfflatlon used by the Club or for p&)lication;
the malntenance of proper accounting records; and
the 5afeguardlng of a55et5 against unauth0ri5ed use or disposition.
The Board considers that Ihe Chief Executive is rhe key management personnel of the charity. The Chief
Execut?ve is in charge of directin8 and controlllng, njnninq and operating the Club on a day to day ba51S.
Risk Management
The 8oard has a register and a ty)licy statement which includes specific detailing of the Board's
fesponslbllltles. Thls Includes an outllne of key risks and a schedule and actlon plan for carrylng oul of thal
re5pon5ibility. The policy and the workings of the register are formally reviewed by the Board each period.
The 8oard recogni5es that risk can never be eliminated entirely, however, in its financial dealings and its
profflotion of its aims, the Club continues to manage any inevitable risk robustly and effectively.
Consequently, the Board ol Trustees Is of the view that there is a formal ongoin8 proce55 in place for
identifying, evaluating and rnanaging the Cltsb's significant nsks. This process has been in place and operational
throughout ihe period. Ouring the past perlod. rhe Trustees rewewed the Risk Register in respect of
contingency planning and to managing the risks related to any pjtential loss of capital assets. The key risks
have been assessed and identified as:
I l Recrullmeiii and retenlion of voluiileers
2) Small stall team results in people undertaking varied roles
The above risks have been identlfled and revlewed.
The Chief Executive reports back to the Board of Trustees and the minutes of these n￿etings are made
available to all Trustee5.
Pase 7 0122

Big Red Bus Club
(INCORPORATED) Llmtted by guaranteo
Trustees. Annual R•port for the perlod •nd•d 30 July 2024 (contlnued)
Internal control: Executive Committee
The Board of Trustees has delegated day to day responsibility for reviewlng the adequacles of intemal controls
and for maklng any appropriate afflendfflents to the Chief Executive. They are thereby restKJnsible for reporting
to the Board any material weakness or breakthwn in internal control which may arise.
The Chlef Executive and Trustees ackTh)wledges reS￿nsIbilitY for ensuring that an effeclive sysieffl of intemal
control is maintained, operated and recorded by the Club. The 5￿tern provide5 reasonable assurance that
assets are safeguarded, transactlons authorfsed, properly recorded and materlal errors or irregularltles are
either prevented or would be detected within a timely period. This is based on a framework of regular
anagement infomlation, administrative prtxedures and a clear system of delegation and accountabillty. In
partlcular, this system ensures that:
formal pAlcles are In place, I￿lUding rule5 relating to the delegatFon of authorities, which allow the
nltorlnR of contfols and rescrict ttre unauthorised use of the Club's a55ets'
experienced and suitably qualified staff take responsibility for Importani funcfions..
forecasts and budgets are prepared which allow the Boaid and management to monlror business risks
and flnarKlal objectlves, and progress towards plan5 set for the period and medium terfft;
all signlficanl new Inltlatlves, major iommitment5 and investment projects are subject to fom7al
authorisation pr¢xedure5, through format relevant sub.committees comprising Board Member5 and
others;
financial and other perfoimances are mt)nftored re8uiarly w1lhln tIKb conlexl of the Club's Slrate8iC
plannlng Includes attention to ensuring replacerrent funding as indlvidual pr¢jects approach thelr
complet5on; and
formal project management dlsciplines are adopted where appropdate.
The Board has no reason to doubt that the financial informatfon presented to them is accurate and timely•
taking into account all known factors.
Fundraising statement
5eciion 162a of the Charltles Acl 2011 requlres charStles to make a Statement regardlng furKlralsing activities.
Although we do not Lmdertake wtde5pread fundraising frorn the general publK. the leglslatlon deflnes fund
raising a5 "soliciting or otherw15e procuring money or other properly for chadtable purp05e5.' Such amounts
receivable, are presented In our account5 as "voluntary Income" and 5ncludes legacies and grants.
In relatfon to the above we conflrm that all solldtations are managed Internally, wfthout Involvement of
commerclal partlclpator5 or prole5sional fund-raiser5, or third parties. The day to day management of all
income generation is delegated io the Executive Commiltee, who are accountable lo Ihe Trustees.
The charity is not boLM)d by any undertaking to be tK)und by any requlatory scheme and the charity does not
consider it necessary to comply with any voluntary code of practice. We have received no complaints in relation
to fundraising actiwties. eur term5 of employfflent require staff to behave rea5Dnably at all limes., as we do
not approadi Indlvidua15 funds we do not have to particularise this to fundrèlsin8 actlvitie5 nor do we
consider it necessary to design specif1¢ procedu￿$ to monitor gjch activities.
Page 8 of 22

Big Red Bus Club
{INCORPORATED) Llmltod by guarantee
Tru5tees' Annual Report for the perlod ended 30 July 2024 {contlnued)
Flnancial Revlew
Overall. the Board of Trustee5 15 satisfied that these accounts reflect the financial P￿illOn of the Clth durln8
the pertod.
Income for the period totalled £83,641 12023: £89.5561. There was a decrease In trading activSti¢s and
smaller decrease in other income, and a small decrease in grants.
Expenditure for the perlod decreased by C51,758, malftly due to decreases of £40,888 staff costs, £5,289
support costs, C4,334 project expenses and £1 ,140 volunteer expenses.
Overall for the perlod Ehe Club made a proflt of £18,140 (2023: proflt of £18,923I.
Reserves pollcy
The Club contlnues to alm to operate a pollcy of malntalnlng re5Cfves at a level to cover slx weeks operatlng
ct5v7tie5 Costs which is assessed to be £7,17712023: C13.133). The General Fund balance carrSed forward ol
£19,632 represents 16.4 weeks of costs12023.. 1.8 weeks).
In Ilght of thls the Trustees belleve the Club'5 reseThes 4Y)sition to be satlsfactory and sufflcienl.
Golnq concern
The Club continues to appralse Its finaftcial sltU)IlM and to adapt Its buslness model accordlnqly.
The Truslees have sct guldance that the Club should bisdget to Ineel all cominllmenls and obllgation5 to Its
players and other stakeholders. They have prepared these ac¢ouniS on a goin8 concern basls and are ￿liSfIed
that there a￿ sufflclent cash re5erve5 lo cover operatlons.
Trustee5' Respon51bflitles
Each of the Trustees Idireciorsl has confirffjed Ihar so far as they are aware. there Is no relevant Informailon
ol whlch the company's Independent &aminer is unaware, and that they have takcn all tho steps that they
QU8ht to have taken as a director in ordef lo become aware of any relevant information and to establish that
the companys Indep￿dent Examlner Is aware of that infom)ation.
y order of the Board
Cha1r of Board of Trustees - Maryann O'connor
Date: 4 March 2026
Paqe 9 0122

Big Red Bus Club
(INCORPORATEDI Llmited by guarant•o
Staternent of Trustees. responslbllltle5 for the period ended 31 July 2024
The Trv5tees are responsible for preparing the Truslees. Annual Report and the Flnancial Statements In
accordance with applicable law and Unlted KSng(h)m Accountins Standards Iunited Kingdom Generally
Accepted Accounting Practl<ei.
Company and charlly law require the Trustees to prepare financlal statement5 for each financlal perlod. Under
company law the Trustees must not approve the financial statements unless are satisfled that they give
a twe and falr view of the state ol affair5 of the charity and of the incomiw resources and applicatlon of
resources. including Ils Income and expenditure, of the chariiy for the period. In preparing those Ilnancial
statements the Trustees are requlred to:
select sultable accountln8 polkles and then apply them conslstently;
observe the method5 and princlple5 in the Charities 50RP:
make 3￿MentS and accovnling esrlmates that are reasonable and prudent; and
prepare the financlal statements on the going concern basis unless It is inappropriate to presume that the
charity will contlnue In bu5ine55.
The Trustees are responsible for keeping adequate and proper accounting record5 that are 5uffic5ent to show
and explain the chanty's transactions and disdose with reasonable accuracy at any time the financial p051tion
of the charity and enable them to ensure that Ihe financial statements cornply wilh the requirements of the
Companle5 Act 2006. They are also respon51ble for safeguarding the assets of the char5ty and hence fur taking
reasonable slep5 for the prevention and detectlon of fraud and other Irre8ularitie5.
gt 100121

Big Red Bus Club
IINCORPORATED) Limitod by guarantee
Independent Examlner's report to the member5 and Trustees of Bl8 Red Bus Club
I rep)rt on my examination of the accounts of Big Red Bl￿ Club for the period ended 31 July 2024.
Responslbllltle5 and basis of report
The Trustee5 are responsible for the prepafation of the accounts In accordance wfth the requlrements of the
Charities Act 2011 {'the Act, i.
I report In respect of my examination of the accounts carried out under sectlon 145 of the 2011 Act and In
carrying my examinatlon I have followed all the appllcable Direclions given by the Charity Commlssion
under section 14515)Ibl of the Kt.
Independent examlner's ststernent
I have completed my examination. I conflrm that no materlal matter5 have come to my attentlon In connectlon
wflh the examination qivin8 me cause io bell¢ve Ihal In any matenal respecl:
accountlng records were not kepi as requlred by sectfon 130 of the Act: or
the accounts do not accord with Ih05e records; or
the accounts do nol comply with the applicable requirements concernln8 the fomi and content of
accounts set out in the Charities (Accounts and Reports) Regulation$ 2008 other than any requirernent
that the account5 Slve a 'true and falr vleN' whlch15 not a matter considered as part ol an Independent
examinaiion.
I have no concerns and have come across no other matters In connectlon with the examinatlon to whlch
attentlon should be drawn in this repori in order w enable a proper understandlnq of thc accounts to be
reached,
Date:
4 hlarch 2016
Name: Adrfan Greenway. Aplus A(countancy Llmlted
Relevani professlonal quallflcatlon or membershlp ol professlonal bodle$: WT. AIT MIP
Address: 13 Tldford Road. Welllng, Kent. DA16 3JR
Pa8e11 of 21

Big Red Bus Club
(INCORPORATED) Llmitéd by guarant•a
Statement of Ffnanclal Actlvftle5 for the perlod ended 31 July 2024
(Includln8 summary Income and expendlture accounti
Unrestricied Restricted
funds
funds
2024
Total
2023
Total
Mot•
Income and endowments
from:
Donallon and legacie5
Other tradlng actlvlties
Investment income
4,509
3,710
51
72,975
77,484
3,710
51
79,288
6.719
Other Income
2,396
2,396
3,485
Total income and
erKlowments
10,666
7Z,975
83.641
89,556
£xpendfture on:
Charltable activities
5,674
56,695
62.369
114.127
Total expendlture
5,674
56.695
114 127
Net income /(expendfiture)
Gross transfers between flu￿5
4,992
16,280
21.272
124,5711
10,673
(10,673
Net movfrment In funds
15,665
3.967
21,272
(24,5711
49,954
Total funds brought forward
Total funds carrled forward
The annexed rM)re5 fomi part of these financlal Statements.
All income derSYes from continuing actlvtlles.
Page 12 Df 11

8ig Red Bus Club
(INCORPORATEOI Limited by guarante•
Balance Sheet as at 31 July 2024
(Company number 08132170)
Notq
2024
2023
Flxed Assets
Tangible assets
Current Assets
DebtOf5
Cash at bank and In hand
10
4,552
45,930
4,255
23,143
50.482
27,398
Credltors
Creditors: Arnounlsfalllngduewithln
one peflod
3,827
2,015
Net current assets
46,655
25.383
Total assets les5 current Ilabllltles
46,655
25,383
Total net a$5ets
46,655
25.383
Represented by
Unrestrlcted lunds
19,632
27,023
3,967
21,416
Restricted funds
12
Total funds
46.655
25.383
For the financlal year in questlon the company wa5 enlitled to exemptlon under 5ectlon 477 of the Companle5
Act 2thJ6 relatin8 to small companies.
No members have required the company to obtain an audlt of Its accounts for the year In questlon fn
accordance with secilon 476 01 the Companies Act 2CXI6.
The directors acknowledge thelr rc5p)n5ibllity for complyFn8 With the rcqulrements of the Act with respect
to accounling recards and loi the preparation of accounts.
The accounis have been prepa¥ed In accordance wlih ihe provlslons appllcable to companle5 subject to the
small companies reglme.
Approved nd authorised for i$5ue by the Board of Trustee5 on the 4 March 2026.
Chair of thè Board of Trustees - Maryanrb O'connor
Page 13of12

Big Red Bus Club
(INCORPORATED) Llmlled by guaranteo
Notes to the Financial Statements for the pertod ended 31 July 2024
1. Accounting pollcles
Theprinclpalaccountln8policiesadopted in the preparation of the financlalstatementsafe asfollows:
Basls of preparation
The f5nancial Statements have been prepared undÈr the Chadtle5 Act 2011, the Charities. Statement of
Recommended Practice ICharltle5 SORP IFRS 1021 as amended by Update Bulletin 21 and Financial Reporting
Standard 102 appilcable In the UK atMI Republlc of Ireland {FRS 102). and the Compènles Att 2006.
The Club consillule5 a Fxjbllc benefit eiiiliy as defined by FRS102. Asset5 and Ilabllltle5 are initially recognlsed
at hisiorfcal cost or transactSon value unless othenwise slated In the relevant accounting p)Ilcy notes.
Going concern
The Trustees have prepared these accouftts on a going concern basis. They have reviewed the budgets and
ltrecasts forming the charity'5 buslness plan for a period In exce55 of twelve months beyond the date of
signlng of the account. The Trustee5 consider iherefore that they have reasonable aswrance that the charity
will continue io oFerate.
Funds
General funds represent the funds of the Company that are not sUbJ￿t to any restrictlon regarding their use
and are avallable for use at the discretion of the Trustees in furthÈraThce of the objectives of the chantable
company.
Deslgnated funds are lunds set aside at the discretlon of the Trustee5 for a particular pts￿￿se and cary no
restrictions. Restricted funds consist of grants and txjrsaries which are subject to restrictions on thelr
expenditure by the donor.
Income
All income Is Included in the statement of financial activitles v4hen the charitable companyas entitled to the
irKome, it is probable that the income will be feceived, and the amount can be measured rellably.
Grants and donatlons received as Resirlcted Funds, defined as those which carry an obligatlon io repay any
Sums not acrually spent, are broughl into the SOFA in the Fer5od of recelpt and carrled forbyard wiihin
Restricted Funds until either spent or refunded.
Deferred income
Where unconditional entitlement to grants recelvable and fees pald In aifvance 15 dependent upon fulfilment
of conditions within the Club'5 control, the incoming resources are recognised when there Is sufficient
evldence that conditions have been met. Where there 15 uncertainty as lo wheiher the Club has met 5vch
conditions. or the Iwder clearly states that Ihe fundSni 15 for the next Ilnanclal period, then the incwiing
resource is dcferred.
Expenditure
Expenditure is includèd in the accounts on an accruals basis.
Choritable activities
All costs are allocated between categorle5 of the 50FA on a bas15 designed to reflect the use of the resource.
Cost5 relating to a particijlar actlvlty are allocated dlrectly or app)rtiored on an appropriate basls.
14 of 22

Blg Red Bus Club
(INCORPORATED) Llmlt•d by guarantee
Notes to the Flnanclal Statements for the p•rlod •nded 31 July 2024
1. Accountfn8 polscies Icontinuedl
Tangible lixed asset5
All capital expenditure below £250 Is wrltten off as and when It Is Incurred.
Depreclatlon is provlded on all tangible flxed a55ets other than free￿)Id land and t￿IldIngs. at rates calculated
to write off the cost, less estimated residual Value. of each asset evenly over its expected useful Ilfe, as
follows:
Fi(tln8s and educatlon equlpmenl .
Debtors
Trade and other debtors are reco8filsed al the settlemen¢ amount due after any trade dlscount oflered.
Prepayments are valued al the amount prepald net of any trade discounts due,
Creditors and provisions
Credltorsandprovlsionsare reco8nlsed where thecharity hasa present obligatlon resulting from a past event that
will probably result in the transfer of funds to a third party attd the amount ckne to settle the obllgatlon can t
measured ore5timated reliably. Creditor5andprovi51onsarenormallyrecognlsedal thelrseifiement amount after
allowlng for any trade dis(ounts due.
Pensions
The charlty operate5 a contritrwtlon pensicn scheme. ContritMJtions payable to the charitable company's
pension Scheme are included in the accounts in the pertod lo whlch Ihey relaie.
Tdxotion
The Club Is a re8iStefed charity withln the meanlng of paragraph 1 of schedule 6 of the Finance Act 2010.
Accordlngly 11 Is exempt from laxatlon ih respecl of income or capital galn5 wllhln categorle5 covered by
chapler 3 of Part 11 of the Corwration Tax Act 2010 or Section 256 of the Taxation of Chargeable Galns Act
1992: 10 the extent Ihat such Income or gains are applied exclusively to charitable wrposes. No tax charge
arose In Ihe perlod.
Judgements In opplying occounting policies and *ey sources of eStIn￿tiOn uncertalnty
25% straighl Ilne depreciatlon
In the applI￿rion of the companys accountlng pollcles, the dlrectors are requlred to make Judgernernrs,
estirnates and assufflptions about the carrying amount of assets and Ilabilitles that are not readily apparent
from other Sources. The e5timate5 and a5soclate(i assumptions afe th75ed on hlstorical experlence and other
factors that are considered to be relevant. Aciual results may dlffer from these esiimates.
The e5timate5 and underlylng assumptlon5 are reviewed on an origoing basis. Rev151ons to accounllng estlmates
are recognlsed Sn the period in which the estlmate is revised where the revision aflects only Ihat ￿rIod, or
in the period of the revlsion and future periods where the revi51on affects both current and future perlod5.
In preparing t1￿ flnanclal statements, the key judgements and est(males have been made In respect of the
follO￿n8.
Going concern: In light of current econofflic circumstances and the impacl on the Club's busfness the
Trustees, have paid particular attention to this matter,
Pag2 150112

Big Red Bus Club
(INCORPORATED) Llmited by guarantee
Notes to the Flnanclal Statements for the perlod ended 31 July 2024
2. Charltable actlvltles
2024
2023
Donatlons and legacles
Appeals and donations
Grants
4,509
533
The Hilden Charitable Fund
Greater London Autlwjrlty
BLG IIJND
8,579
4,530
4,530
7.823
1,910
RBG IRoyal Borough of Greenwichl VCS
South East London lfttegrated Care System
RBG Scheme
13,038
10,0(X)
35,1
Chlldren in Need
Tudor Trust
City Brldge
10,C
36,667
12,045
77,484
79.288
Income from tradlng actlvltles
Z024
2023
Hire of facilities
3,710
6,719
Investment Income
20Z4
2023
Interest receivable
51
5. Other Income
2024
2023
Fees and supplles
Other income
876
2,155
1,330
1,520
2,396
3.485
Page 16of IZ

Big Red Bus Club
(INCORPORATED) Llmlted by guaranlge
14ot•s to the Financial Statements for the perlod ènded 31 July 2024
6. Expendlture on charltable actlvities
2024
2023
Staff costs
43.075
83,963
11,893
14,489
2,553
149
Support costs
Pmject expenses
Volunteer expenses
Prlnting, postage and stationery
5undrles
6.604
10,155
1,413
46
770
hlarkelln8 and publlclty
1,076
310
62,369
114,127
7. Staff C05tS
2024
2023
Wages and Salarle5
Soclal security costs
Penslon costs
41,723
79,852
(1.022)
2,430
Z,703
562
Other staff costs
790
43,075
83,963
The head count of persons employed by the durlng the year was:
2024
2023
No employee earned more than £60,000 during the year.
Key management personnel includes the Chaef Executlye. The total employee beneflts of the key
management personr¢l were £21.970.
Pw 17of22

Big Red Bus Club
{INCORPORATED) Llmlted by guarante¢
Notes to the Financial Statements for th• peflod eTrd￿ 31 July Z024
8. Support Costs
2024
2023
Legal and profe55Tonat
Depreciation
Premises c05tS
423
448
383
1.303
687
729
Rent
2,474
534
Insurance
General maintenance
370
2,120
1,726
158
Telephone and Intemet
Office expenses
Payroll cost5
Independent examination and
accouniancy
Bank charges
423
190
1,050
936
1,970
1,746
639
6,604
11,893
Page 189122

Big Red Bus Club
(INCORPORATED) Limltad by guarant••
Notes to the Flnanclal Statements for the period ended 31 July 2024
9. Fixed Assets
Equipment
Total
Cost
At l July
Addltlons
3,653
3,653
Dlsposals
At 31 July
3.653
3,653
Deprecfatlon
At l July
Charge for the year
Released on disposal
At 31 July
3,653
3,653
3.653
3.653
Net Book Valu•
At 31 July 2023
At 31 July 2024
10. Debtors
2024
2023
Other debtors
4.552
4,255
4.552
4.255
11. Credltors.. amounts fallln8 dve wlthln one year
2024
2023
Other credltor5
269
Accruals
3,716
1,746
3,827
2,015
PaF 19 0122

Blg Red Bus Club
IINCORPORATED) Limiitd by guarante
Notes to the Flnan¢lal Statements for the pedod ended 31 July 2024
12. Funds
Balance blf
1 August 2023
Incomlnl
resources
Re50urces
Transfers
expended between funds
Balance clf
31 July 2024
Unrestricted
General Fund
3,967
10,666
5,674
10,673
19.632
Restrlcted
Tudor Trust
36,667
17,442
19,225
Sport5 En8land
Greenwich CT
{638
638
220
{2201
Children in Need
3.711
10,(KIO
7,568
6,143
City Brldge
R8G Inriovalion Fund
12,045
12,386
14051
1,541
1,541
Asda Foundation
14
1141
Foyle Foundation
GL Authority
1501)
501
2,578
2,801
3,967
223
BLG MIND
562
4,530
(1,1251
(1,1561
Hllden Charftable
1,750
594
RBG Immunisation
1,910
508
1,402
RBG VCS
(497>
13,038
7,823
10,816
2,607
(883)
RBG scheme
113,0381
Other funds
(298)
613
911
Total re5trlcted
21.416
72.975
56,695
{10,6731
27,023
Total Funds
Income is due (ha5 been received, or is expected to be received) after the year eThJ for the two funds
that have a negalive balance at the year end.
Pale 10 0122

Big Red Bus Club
<INCORPORATED) Llmited by guarantea
Note5 to the Financlal Statements for the period ended 31 July 2024
12 Fund
contlnued
Fund transfers:
Expense5 In general fund5 from prevSous year not allocated correctly to fund: Asda Foundatlon. BLG
Mind, Greenwtch Charitable Trust, Hilden Charitable Fund
General funds allocateil to cover overspend In prevfous year: Foyle Foundation, Greater London
Aulhority, Sports ETh8land, Other funds
I￿orne allocated to correct fund Incorrectly allocated In Pfevious year:
£2,608 transferred to RBG VC5 from RBG scheme (all(<atlon to wron% fundl
£10,430 IransfeThed to Gefieral from RBG scheme (Incorrectly recorded as restricted)
Restrlcted fund5:
Tudor Trust: Funds CEO post together with the offlce costs and costs not covered by projects
Sports En8land: Funds 'Larqe and Legging it, runnlng group
Gr•enwich cr (Greenwich Charltable Trust): Funds 'Baby Blues Cholr, sessions for mums wlth
P05tr)atal depression
Chlldren In Need: Funds 'Play plu5 Group, for chlldren with addltional needs
Tru• Colours: Funds towards salaries and core costs
London Fund•r3: Funds towards saLaries and core costs
Clty Brld8e: Fundin8 for the 'Speak Up, project as well as the ' ESOL, project
RBG (Royal Borough of Greenwlch) Innovatlon fund: Fui)ds for the 'Communlly Innovatlon.
programme
Asda Foundatlon: To cover costs for the Jubilee Party
co.op: Donations Benerated by 1% of own brand purchases made by co.op members selecilng to SUPPOrt
local projects.
Foyle Foundatlon: Funds towards 'stay and play. sesslons for under Ilves
GL Authorfty (Greater London Authorityl: Fund5 towards the 'Bulldln8 Stron8 Communllles
Supporting Volunteers, Supporting Familie5, project
BLG Mlnd: Funds for the 'Equality Fund, programrne
Hildèn Charltable Fund; Towards the salary and activtty costs of the Ukrainlan play8roup
Soulh East London Integrated Care System: funds io increase awareness of vaccines and thelr
benefits.
RBG VCS: Funds from Royal Borough of Greenwlch Councll to provlde support to chlidren and youn8
people with ASD afid ADHD and the5r families
RBG scheme: Unrestrlcted funds from the Royal Borouqh of Greenwlch which were Incorrectly shown
as restrlcte
Page 210121

Blg Red Bus Club
(INCORPORATED) Llmfted by guarantee
Notes to the Financlal Statements for the perlod ended 31 July 2024
12. Funds IcontSnuedl
Balance blf
1 Auqu5t 2022
Incomln
resources
Resources
Transfers
Balance clf
expended between funds 31 July 2023
Unrèstrlct•d
General Fund
8,710
49,947
54,415
1275)
3,967
Restricted
Tudor Trust
16,407
16,407
Sports England
Greenwlch CT
11.305)
667
1638)
220
220
Children In Need
4,165
5,854
6,308
3,711
True Colours
1554)
554
London Funder5
1178)
10,984
178
Clty BrTdge
R8G Innovation Fund
11,048
(64)
5,385
294
3,844
1,541
Asda Foundatlon
280
14
Co-op
Foyle Foundation
GL Authorlty
BLG MIND
1,124
(1,124
5,501
{501)
2,578
8,579
6,001
4.530
3,968
562
Hllden Charltable
3,250
3,105
1,750
RBG VCS
{4971
RBG scheme
13.038
13,038
Other funds
1298)
12981
21.416
Total restcicted
41.244
39,609
59,712
275
Total Funds
49.954
114.127
13. Related partles and transactlons
There were no related party transacllons, and trustees were reimbursed for expenses incurred in the
Course of their dutles.
Pale 12 0122