Charity registration number 1180510
South West Blood Bikes
Annual Report and Unaudited Financial Accounts 30 November 2023
David A Summers Accountant 3 Sherford Crescent Elburton Plymouth PL9 8DU
South West Blood Bikes
Financial Statements Year Ended 30 November 2023
Contents
Legal and administrative information
Trustees’ annual report
Independent examiner’s report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial accounts
South West Blood Bikes
Legal and administrative information
Trustees Mr M Bentley Mrs D Bentley Mr I Hopkins Mr M Anstis Mr S Jones Charity number 1180510 Principal address Bounds House 3 Bounds Place Millbay Road Plymouth PL1 3LS Independent examiner David A Summers, Accountant 3 Sherford Crescent Elburton Plymouth PL9 8DU
South West Blood Bikes
Trustees’ Annual Report Year Ended 30 November 2023
The trustees present their report and unaudited financial statements for the year ended 30 November 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity’s governing document, the Charites Act 2011 and ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective January 2019’
Objectives and activities
Blood bikers are volunteers who use their advanced motorcycle skills in providing an out of hours service, supporting our NHS partners to transport essential urgent supplies such as whole blood, pathology samples, medication, medical equipment, medical notes and occasional donor breast milk to the NHS hospitals and hospices throughout Devon and beyond.
Structure, governance and management
The Charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.
The trustees who served during the year and up to the date of signature of the financial statements were:-
Mr M Bentley Mrs D Bentley Mr I Hopkins Mr M Anstis Mr S Jones
South West Blood Bikes
Trustees’ Annual Report Year Ended 30 November 2023 (continued)
Reference and administrative details
Charity registered number:1180510
Principal address
Bounds House 3 Bounds Place Millbay Road Plymouth PL1 3LS
Independent examiner
David A Summers, Accountant 3 Sherford Crescent Elburton Plymouth PL9 8DU
The trustees’ annual report was approved on 15 February 2024 and signed on behalf of the board of trustees by:
Mr M Bentley Trustee
South West Blood Bikes
Independent Examiner’s Report to the Trustees Year Ended 30 November 2023
I report to the trustees on my examination of the financial statements of South West Blood Bikes (‘the Charity’) for the year ended 30 November 2023.
Responsibilities and basis of report
As the trustees of the Charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (’the 2011 Act’).
I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent 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.
David A Summers, Accountant 3 Sherford Crescent Elburton Plymouth PL9 8DU
9 February 2024
South West Blood Bikes
Statement of Financial Activities (including Income and Expenditure Account) Year Ended 30 November 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| Notes | £ | £ | |
| Income | |||
| Donations and legacies | 3 | 108181 | 56898 |
| Expenditure | |||
| Charitable activities | 4 | 54712 | 23145 |
| ______ | ______ | ||
| Net income / (expenditure) | 53469 | 14750 | |
| ______ | ______ | ||
| Reconciliation of funds | |||
| Total funds brought forward | 61291 | 46541 | |
| Net income / expenditure | 53469 | 14750 | |
| ______ | ______ | ||
| Total funds carried forward | 114760 | 61291 | |
| ______ | ______ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
South West Blood Bikes
Statement of Financial Position Year Ended 30 November 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible fixed assets | 6 | 69228 | 33246 | ||
| Current assets | |||||
| Stock | 569 | 1124 | |||
| Debtors | 7 | 10865 | 12418 | ||
| Cash at bank and in hand | 35421 | 15488 | |||
| ______ | ______ | ||||
| 46855 | 29030 | ||||
| Current liabilities | |||||
| Creditors | 8 | 1323 | 985 | ||
| ______ | ______ | ||||
| Net current assets | 45532 | 28045 | |||
| ______ | ______ | ||||
| Total net assets | 114760 | 61291 | |||
| ______ | ______ | ||||
| Funds of the Charity | |||||
| Unrestricted funds | 114760 | 61291 | |||
| ______ | ______ |
These financial statements were approved on 15 February 2024, and are signed on behalf of the trustees by:
Mr M Bentley Trustee
South West Blood Bikes
Notes to the Financial Statements Year Ended 30 November 2023
1. Accounting policies
Basis of preparation
The financial statements of the Charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS102) and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the statement of financial activities once the Charity has entitlement to the funds; it is probable that income will be received and the amount can be recognised reliably
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure; it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings and current liabilities.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled.
Taxation
The Charity is exempt from tax on its charitable activities.
South West Blood Bikes
Notes to the Financial Statements Year Ended 30 November 2023 (continued)
Fund accounting
Unrestricted funds can be used in accordance with the charitable activity objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objectives of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. Related party disclosures
There were no trustees’ expenses paid for the year ended 30 November 2023 nor for the prior period.
South West Blood Bikes
Notes to the Financial Statements Year Ended 30 November 2023 (continued)
| 2023 | 2022 | |
|---|---|---|
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| 3. Donations and legacies | ||
| Donations and gifts | 108181 | 56898 |
| ______ | ______ | |
| 4. Charitable activities | ||
| Cost of sales | 35445 | 27518 |
| Advertising and marketing | 2185 | 1585 |
| Accountancy | 600 | 700 |
| Software costs | 255 | 14 |
| Postage and freight | 108 | 96 |
| Printing and stationery | 218 | 113 |
| Repairs and maintenance | 451 | 206 |
| Subscriptions | 153 | 318 |
| Merchant fees | 207 | 179 |
| Telephone | 144 | 126 |
| Travel | 28 | 2 |
| Insurance | - | (409) |
| Clothing | 2718 | 2522 |
| Depreciation | 13023 | 9178 |
| (Profit) on asset disposals | (823) | - |
| ______ | ______ | |
| 54712 | 42148 | |
| ______ | ______ |
5. Trustees
None of the trustees (or anyone connected with them) received any remuneration or benefits during the year.
South West Blood Bikes
Notes to the Financial Statements Year Ended 30 November 2023 (continued)
6. Tangible fixed assets – motor vehicles
| Cost | £ | |
|---|---|---|
| Brought forward | 54356 | |
| Additions | 61183 | |
| Disposals | (20900) | |
| ______ | ||
| 94639 | ||
| ______ | ||
| Depreciation | ||
| Brought forward | 21110 | |
| Written off on disposals | (8722) | |
| Charge for the year | 13023 | |
| ______ | ||
| 25411 | ||
| ______ | ||
| Net Book Value | ||
| 30 November 2023 | 69228 | |
| ______ | ||
| 30 November 2022 | 33246 | |
| ______ | ||
| 7. Debtors | 2023 | 2022 |
| £ | £ | |
| VAT | 4363 | 7008 |
| Prepayments | 6502 | 5410 |
| ______ | ______ | |
| 10865 | 12418 | |
| ______ | ______ |
South West Blood Bikes
Notes to the Financial Statements Year Ended 30 November 2023 (continued)
| 8. Creditors | 2023 | 2022 |
|---|---|---|
| £ | £ | |
| Trade creditors | 539 | 219 |
| Accruals | 784 | 766 |
| ______ | ______ | |
| 1323 | 985 | |
| ______ | ______ |