EAST MIDLANDS BLOOD BIKES LTD Charity Number. 1187017 EAST MIDLANDS BLOOD BIKES LTD UNAUDITED TrUSTEES' REPORT AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31JULY 2025
EAsf MIDLANDS BLOOD BIKES LTD CONTENTS Reference and admlnistrative detalls of the charity. its Trustees and advisors Trustees, report Statement of financial activities Balance sheet Notes to the financlal statements Independent Examlnerfs Report
EAsf MIDLANDS BLOOD BIKES LTD REFERENCE AND ADMINISTRATIVE DrfAILS OF ThE CHARITY, ITS TRUSTEES AND ADVISORS FOR THEYEAR ENDED 31 JULY 2025 Trustees: Mr Neil Musgrove Mrs Samantha Dakkn FCCA Mr Darren Turn Charity reglstered number: 1187017 Registered office: The Old Pollce Stan Whamcliffe Road Ilkeston Derbyshire DE7 5GF Accountants: Nebula Accountsnts & Registered Auditors 31 Crownway Chellaston De DE73 SNU
EAST MIDLANDS BLOOD 81KES LTD TRUSfEES REPORT FOR THE PERIOD ENDED 31 JULY2025 The trustees present thelr report tO8ether with the financlal statements of the charity for the year ended 31 July 2025. The Trustees confinn that ts Amual Report and Flnancial Statements have been prepared in accordance with applicable law regulations, the requirements of the charit(s governin8 document, and the Charities Statement of Recommended Practice {SORP), applicable to charitles preparing thelr accounts In accordan wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). Objectlves and actlvltles Polkles and objertlves The objettives of the charlty are: 1.1 The object of the charity is to lIeve sthe5s and protect health by the provlslon of free Item transport services for National Health Service patients or providers in situatlons where they would otherwlse have no free alternative, or where the timescale for such altematlves would be detrfmental to operational requirements or to patient care. 1.2 This service is primarily almed at se[be provlslons with the East Midlands, but this may entail collection from. or delNerles t kKations elsewhere. The objectlves are delivered by our volunteer thork. In setting objectives and plannin8 for actNitie& the Trustees have 8iven due conslderatlon to general 8uidance published by the Charity Conwnission relatin8 to public benefit, including the guidance 'Public Benefit: running a charlty (PB2r. strateglc report Revlew of actfvttles The Trustees Mr Nell Musgrove Nell Is the co-founder of the Charlty and hls detemiinatlon and perseverance have delivered the Charlty to its present status. A former flreman. Nell thrives under pressure vthlch has helped the charity succeed In onty a short period of time. Mrs Samantha Dakln FCCA Samantha Is also a co-founder of the charity•xI has worked alon8slde Nell tlrelessly to 8et the charity off the 8round. Samantha has a background In accountsncy arnl will writing and runs a number of successful buslne55es in the local area.
EAST MIDLANDS BLOOD BIKES LTD strate8k report (contlnued} Mr Darren Turner Darren has been a volunteer with the charlty sirKe 2019. Darren ha5 worked In numerous industries the year, tO8ether with running his own successful garage. Darren brin8s a wealth of busSness knowledge and motor mechanics skills to help the charity move forward. The Charlty The charlty was formed In July 2019. gaining charitable status in December 2019. It becarne apparent that there was an opening for a daythne running of the servlce which other local similar charltles did not cover. The service relles heavily on our motorbike and van drivers. commonly referred to as Blood Bikes. This invaluable team 8Ne up theytime for free to transport breast milk. samples and other ad hoc items. as required. compknty free of char8e to the NHS. Volunteers also have use of the four wheeled lknt, for bigger items. when weather conditions are not favourable for use of a bike, or rf the tsthteer only holds a car licence. Achlevernents and performance The Charity has now been in existence for 6 years. The services it provldes has rernained consistent with the prior year, with a growth in volunteer numbers. The Service Level Agreement (SLA) with an NHS Milk Processing Centre, for hosting a dedicated milk hub continued to be a masslve success. We collect milk from the East Midlands, Yorkshire and as far as the East Coast for storage at our milk hub. The milk is then bulk transferred to the processing slte in Chester, helping with the charities carbon reduction aim. We moved over 2,31J) litres of milk during the year. These SLA'S, have meant that more women arE able to donate thelr preclous mllk to bables In need. For some bereaved rnoihers, thls provkies comfon at an extremely dffficuft rime. The bables In need ran8e from babies in Neo Natsl departments across the country or where thelr mothers are unable to breastfeed due to medKatK>n or prior illness/treatmen¢ for example mastectomy. The GP Surgery service we provlde not only l to save lives through quicker diagnosis but also provldes a cost savln8 which can be made avadable to emergency front line services. This service opens up more GP appointments, where it is likety a sample is required. Plans for the future We are continually lookln8 to expand our tean of volunteers, In particularty recruitlng for specific skill sets to help wtth the growth of tt charity.
EAsf MIDLANDS BLOOD BIKES LTD We are also looking for new ways to ralse awareness arml money for the future of the charity- Flnanclal review Going concern Although the Impact of Covid 19 is still felt by charity in tenns of the lack of cash in society. the charlty Is meeting its financial obligations as they become due and therefore a 80in8 COnM pollcy has been adopted. b. Reserves pollcy It Is the alm of the charity to achieve reserves of at le3St £IO.(XX) to provide us wlth the financlal securlty to continue in the event of any unforeseen circumstarKes. Structure, governance and management Constltutlon East Midlands Blood Bikes (forrnerty East mm11$ Freewheelers) Is a registered charity, number 1187017 and is constltuted under a Tntst dee(L b. Methods of appointiiient or electlon of Tntstees The mana8ement of the Charity is the respornath of the Trustees who are elerted under the terms of the Trust deed. East Midlands Blood Bikes abide fy their own aStItution in the appolntment of trustee5. The relevant inforniation is as follows: Current charity trustees arKI appointed tern Mr N Musgrove Mrs Samantha Dakin FCCA Mr Darren Turner voluntary voluntary voluntary (3 years) Appolntment of charlty truste•s Apart from the first charity trustees. every tnL4ee must be appointed for a temi of three years by resolution passed at a property (J)nvened of the charity trustees and approved by the Chairman or Chalrperson. In selectln8 Individuals for appointment as dwity trustees. the charlty trustees must have rega rd to the skills, knowledge and exper1eft needed for effective administration of East Midlands Blood Bikes. Infom)atlon for new charlty trustees The charity trustees will make avallable to eath charity trustee. on or before his or her appolntment: (a) A copy of the current vetslon of the conslknrtK)n
EAsf MIDLANDS BLOOD BIKES LTD ¢. Orzanlsatlonal structure and declslon•makln8 polkle5 The Charfty has full control of the appolntment of trustees and Is not influenced by any external body or or8anisation. Each trustee Is assessed for their sk* and expertise in the operational needs of the charlty. ststement of Trustee Re5ponslbllltles The Trustees are responsible for preparing the Trustees. rep)rt and the financlal ststements in accordance with applicable law and Unlted Kingdom Accounting Standards {United Klngdom Generally Accepted Accounting Prartice). The law applicable to charities In England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fairvlew of the state of affalrs of the charfty and its incomlng resources and application of resources. indudin8 its income and expenditure. for that perlod. In preparlng these financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently Observe the methods and principles of the Charities SORP (FRS102) Make judgements and accountin8 estimates that are reasonable and prudent State whether applicable UK Accountin8 Standards (FRS102) have been followed, subject to any material departures disclosed and explained In the financial statements Prepare the financial statements on the 8oin8 concern basis unless it Ss Inappropriate to presume that the chartty will continue in business. The Trustees are responslble for keeplng adequate accounting records that are sufficient to show and explain the charivs transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply wlth the Charities Act 2011, the Charity (Accounts and Rets) Regulation5 2(X)8 and the provision5 of tl Trust deed. They are responslble for safeguard0 the assets of the charity and hence for takln8 reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 2P April 2026 and signed on thelr behalf by: Mrs Samantha Dakin FCCA Chlef Executlve
EASf MIDLANDS BLOOD BIKES LTD STATEMENT OF FINANaAL ACTivmES FOR THE YEAR ENDED 31 JULY 2025 Unrestrfrted R•stricted Totsl funds funds funds 2025 2025 20Z5 Totsl funds 2024 Note Donations and legacies Charitable actNities 13,939 2,201 26,817 40,756 24,027 2,201 2,188 Totsl Income 16,140 26,817 42,957 26.215 Expendlture on: Charitsble arttvlties 26,147 6,335 32.482 25.222 Totsl expendlture 26,147 6,335 32,482 25,222 Net movement In funds (10,CX)7) 20,482 10,475 993 Total fund brought forward 13,179 6,881 20,060 19,067 Total funds carrfed forward 3,172 27,363 30,535 20,060 The Ststement of Financlal ActNities includes all galns and losses recognised in the year. The notes on pages 8 to form part of these financial statement&
EAST MIDLANDS BLOOD BIKES LTD BALANCE SHEEf FOR THE PERIOD ENDED 31 JULY 2025 2025 2024 Flxed Assets Tangible assets 29,932 18,225 Current assets Debtors Cash at bank and In hand 1,081 1.553 3,252 627 2,634 3,879 Creditors: amounts falling due wlthin one year (2,031) (2.044) Net current assets 603 1,835 Totsl assets less current Ilabllltles 30,535 20,060 Totsl net assets 30,535 20.060 Charfty funds Restricted funds Unrestricted fvnds 10 10 27,363 3,172 6,881 13.179 Totsl fvnds 30.535 20.060 The flnancSal statements were approved and authorlsed for Issue by the Trustees on 29 Aprll 2026 and sl8ned on thelr behalf by: Mrs Samantha Dakin FCCA Chlef Executtve The notes on pages 8 to forni part of these finandal statements.
EAST MIDLANDS BLOOD BIKES LTD NOTES TO THE FINANCIAL sfATEMENTS FOR THE PERIOD ENDED 31 JULY 2025 l. General Information East Midlands Blood Bikes (forrnerly East Midlands Freewheelers) is a Charitable Incorporated Organisation reglstered In England & Wales. Its registered Offi address is The Old Police Statlon, Wharncllffe Road, Ilkeston, Derbyshire DE7 5GF. 2. Accountlng pollcles 2.1 B3s1s of preparatlon of finandal ststements The financlal statements have been prepared in accordance wlth Accounting and Reportin8 by Charitles: Statement of Recommended prartI applicable to charlties preparlng their accounts In accordance with the Financlal Reporting stsndard appllcable In the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102), the Charitie5 Act 2011, and UK Generally Accepted Accounting Practlce. The financial statements have been prepared on the going concern basis and under the hSstorical cost convention, unless otherwise stated in the relevant accountln8 policies. The charity is a public benefit entity as defined by FRS 102. 2.2 Income All income is recognised once the charity has entitlement to the income. It is probable that the Income wlll be received, and the amount of incorne recelvable can be measured rellably. Grants are Included in the Statement of flnanclal actNities on a iecelvable basls. The balance of the income received for specific purposes but not extended d1 the period is shown in the relevant funds on the balance sheet. Where income is reiVed in advance of entitlement of recelpt, Its recognition is deferred and included in creditors as deferred Income. Where entitlement occurs before income Is recelved, the Income is aC(nd. 2.3 Expendlture Expendlture Is reco8nised once there is a legal or construrtive obligation to transfer economlc benefit to a third party, it is probable that a transfer of economic benefit wlll be required in settlement and the amount of the obll8ation can be measured relIab. Expenditure Is classified by actlvlty. The costs of each actlvlty are made up of the total of dlrect cost5 and shared cos, Sncludln8 SUPPOrt costs involved in undertaklng each activity- Dirert costs are attrfbutable to single activity and are allocated directly to that actNity. Shared costs which contribute to more than one actNity and support costs which are not attributable to a single actNity are apportloned between those actlvitles on a basis conslstent with the use of resources. Central staff costs are allocated on the basis of tlme spent. and depreciatM?n charges allocated on the portlon of the asset's use. Expenditure on charitsble activitiesls incurred directty on urnlertaking the actlvFtSes whlch further the charitrfs objectives. as well as any associated support costs. All expenditure is excluslve of VAT.
EAsf MIDLANDS BLOOD BIKES LTD 2.4 Tanglble fixed assets and depreclatlon Tangible fixed assets COStin8 £250 or more are capita15sed and recognised when future economic benefits are probable and the cost or value of tl asset can be measured reliably. Tangible fixed assets are initially reco8nised at cost. After recognitlon. under the cost model. tangible fixed assets are measured at C05t les5 accumulated depreciation and any accurnulated Impalrment losses. All costs are Incurred to a tangible fixed asset into its intended worklng condltlon should be included In the MeaSurent of cost. Depreciation is charged so as to allocate the of tangible fixed assets less their residual value over their estlmated useful lives. using the rekning balance method. Depreciation is provided on the following basi Motorvehlcles 25% Equipment 25% Milk hub 15% 25 Debtors Trade and other debtors are reco8nlsed at the settlement amount after any trade dlscount offered. Prepayments are valued at the prepaid net of any trade discounts due. 2.6 Cash at bank and In hand Cash at bank and in hand Includes cash and slmxt tem hlghly liquld Investments with a short maturtty of three months or less from the date of acquisilion or openlng of the deposit or simllar account. 2.7 Liabilities and provisions Liabilities are recognised when there is an obtyion at the Balance sheet date as a result of a past event, it is probable that a transfer of eCMiC benefft will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilitles are recognised at the amount that charlty antkopates it will pay to settle the debt or the amount it has recew as advanced payntS for 8oods or services it must provide. Provlslons are measured at the best estimate of the amounts required to settle the obli8ation. Where the effert of the tlme value of money is material. the provision is based on the present value of those amounts, discounted at the iTrtax discount rate that reflects the risks specific to 2.0 Accountlnz polkles (contlnued) 2.7 Liabllltles and provlslons the Ilablllty. The unwindin8 of the discount i5fECO8nised in the Statement of financlal actNlties as a finance cost. 2.8 Fund accountlng General funds are unrestricted funds whlch avallable for u at the dlscret6on of the Trustees In furtherance of the general objectlves of the dwrity and whlch have not been desl8nated for other purposes.
EAST MIDLANDS BLOOD BIKES LTD Restrlcted funds are funds which are to be used In accordance with speclfic restrictlons imposed by donors or whlch have been raised by the charity for particular purposes. The c05t5 of ralslng and admlnisterln8 such funds are charged against the specific fund. The aim and use of each restricted fund Is set out In the note5 to the financial statements. 3. Income from donatlons and legacles Unr•strlrted Restrfrted Total funits funds funds 2025 2025 2025 Donatlons Grants 13,939 13,939 26,817 26.817 13,939 26.817 40,756 4. Income from charltable artlvltle5 Unrestrfrted unrestrfcted fvnds 2025 fvnds 2024 VAT refund Cost recovery 1,964 237 2,201 2,188 2.188 5. Analy5b of expendlture by actlvlll Anatysls of dlrect costs Transport 2025 Transport 2024 Equlpment hlre Motor expenses 68 17,206 17,274 18,904 18,904 10
EAST MIDLANDS BLOOD BIKES LTD 5. Analysls of expendlture by actlvltles (continued) Anaty5is of support Costs Support Support 2025 2024 Volunteer costs Events equipment Rent and rates Repalrs and renewals Bank charges Computer costs Accountancy and l)ook keeping fees Insurance Printin& postage and statlonery Telephone Membership Sundry expenses Depreciation (Profit)/loss on dlsposal of fixed assets 471 3CKI 127 101 57 544 559 128 70 186 47 10,323 566 109 87 57 31J) 702 75 198 16 4,741 13,579 7,949 6. Independent examlnerfs remuneration 2025 2024 Fees payable to the charlVs Independent Examiner for the Independent examlnatlon of the charlrfs annual accounts 3(N) 300 11
EAST MIDLANDS BLOOD BIKES LTD 7. Tangible flxed assets Motor vehldes Equlpmerrt Mllk Hub Total Cost or valuatlon Brought forward at l August 2024 Additions Dlsposals 29,375 23.295 {3,(MJ)> 7,197 6,525 43,098 23.295 (3.IXrf)) Carried forward at 31 July 2025 49,670 7.197 6,525 63,393 Depreclatlon Brought forward at l Au8USt 2024 Charge for the year Elimlnated on disposals 18.551 8,213 11.734) 3,203 3,119 24,873 1,598 511 10.322 (1,734) Carried forward at 31 July 2025 25,030 4,801 3.630 33.461 Net book value At 31 July 2025 At 31 Juty 2024 24.640 10,824 2,396 2,895 29.932 3,995 3,406 18225 8. Debtors 2025 2024 Due withln one year Prepayrnents VAT recoverable Other debtors 2.373 853 1,080 3,251 9. Credltors: Amounts fallln8 due wlthln one y 2025 2024 Trade creditors Other credltors Accruals 755 676 285 1,058 71X) 2.031 2,043 12
EAST MIDLANDS BLOOD BIKES LTD io ststsment of funds Balance Income Expendlture Balance at 31 July 2025 2024 Unrestrlcted fvnds General funds 13,179 16.140 (26,147) 3,172 Restrlcted funds The Mark Mason Benevolent Fund National Lottery 26.817 (5,824) (5111 20.993 6.370 6.881 6,881 26.817 (6,335 27363 Total of funds 20,060 42,957 (32,482) 30.535 Natlonal Lottery- thls restricted fvnd represents income received from The Natlonal Lottery to be spent on the costs to convert a room into a medical Milk Hub and the purchase of the equlpment required to run the hub. The Mark Mason Benevolent Fund- this restritted fund represents income receNed from the The Mark Mason Benevolent Fund to be used to purthase vehlcles and accessories required to run the tharity. 11. Analysis of net assets between funds Unrestrfrted Restrlcted Totsl funds funds funds 2025 2025 2025 20.366 29,932 2,634 (2.031) Tanglble fixed a55ets Current assets Creditors due within one year 9.566 2,634 12.031) 10.169 20,366 30,535 12. Related party transartions The following related party transactions occurred during the year. Trustee, Mr N Mus8rove loaned money to the Charlty to get ft started. The maxlmum amount outstandln8 durln8 the period was £1,058 (2024 £1,058). The balan outstandin8 at the perlod end was £67612024 £1,058) . No interest is thar8ed on the loan. Durlng the year bookkeepin8 expenses of £244 (2024: nil) where pald to Dakin & Co Accountancy Services Ltd, a company owned by Trustee, Mrs Samantha Dakln All transaction were undertaken at ami's len8th and serviced by a member of stsff of Dakln & Co. 13
EAST MIDLANDS BLOOD BIKES LTD INlependent Examinees Report to the Trustees of East Mldlands Freewheelers Ltd I report to the charfty trustees on my examination of the accounts of the company for the year ended 31 July 2025 which are set out on pages 7 to 13. R•sponslbllltles and basls of report As the charlty trustees of the company (and also its dlrectors for purposes of company law) you are responsible for the preparation of accounts In accordance with the requirements of the Companies Act 26 {'the 2LX)6 ACY). Having satisfied myself that the accounts of the company are not requlred to be audlted under Part 16 of the 2LK16 Art and are ell8ible for Independent examinatv)n. I report in respect of my examlnation of your compans accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 ACV). In carrylng out my examination I have followed the Directlons given by the Charity Commission under sectlon 145(5){b) of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attentlon in connection with the examlnation 8iving rne cause to believe that In any material respect: accounting records were not kept in respect of the company as required by secrion 386 of the 2CK)6 Att,. or the accounts do not accord with those records: or 3. the accounts do not compty with the accountln8 requlrements of section 396 of the 21JJ6 Act other than any requirement that the accounts 8ive a 'tnJe and fair vlthrf which Is not a matter considered as part of an Independent examlnation; or 4. the accounts have not been prepared in accordance with the methods and prlnciples of the ststement of Recommended Practice for accountin8 and reportln8 by charities applicable to charltles preparln8 theSr accounts in accordance with the TranCial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters In connertion with the examination to which attention should be drawn in this report in order to enabk a proper understanding of the accounts to be reached. ned: Name: Chrlstlan Cloherty,CTA, FCCA Address= 31 Crown way, Chellaston. Derby, DE73 5NU Date: 14
EAsf MIDLANDS BLOOD BIKES LTD Independent Examln•es Repwt to the Trustees of East Mldl¥th Freewheelers Ltd I report to the charity trustees on my examinatw)n of the accounts of the company for the year ended 31 July 2025 which are set out on pa8es 7 to 14. Responslbllltles and basls of report A5 the charity trustees of the company (and also its dwectors for wposes of company law) you are responsible for the preparatlon of the aCcOts in accon1ae with requirements of the Companles Act 2(X)6 {'the 2(KJ6 Acf). Having Satisf myself that the accounts of the cwny are not required to be audited under Part 16 of the 2(X)6 Act and are eligible for independert examinam I reyt in respect of my examination of your companWs acco a5 carrd out under Se(tk 145 of the Charitie5 Att 2011 I'the 2011 Arf). In carrying Out rny examlnation I have followed the lknctions given by the Charity Commlsslon under section 14515Mb) of the 2011 ACL Independent examlnerfs statement I have completed my examinatKXL I confirni that matters have COTh to my attention in connectlon wlth the examinatTh eivily me cause ID believe that in any material respect: ccountin8 records were not kept in respect of the cofflpany as required by sectlon 386 of the 26 Art: or 2. the Kcounts do not accofd with t1 re(wds; or 3. the accounts do not cqxnpty wilh the acc(xmting requirernents of sectlon 396 of the 2( Act other than any requ¢rement that the accounts 8ive a 'true arKI fair viev/ which is not a matter considered as part of an independent examination: or 4. the accounts have not been prepared In aca>rdance with the methods and principles of the Statement of Recommended Practice for COuntIng and reporting by charities lapplicable to charities preparin8 ther accounts in accordance with the Financial Reportin8 Standard applicable in the UK arml Republic of Ireland IFRS 102)1. I have no concems and have C[ across no oilw matters in connection wfth examination to which attentlon should be drawn in this reDOrt in order to enablp a pmppr iinA•rstarM41n8 of th• accounts to be reached. Igned: Name: Christlan Cloherty ACCA Address: 31 Crown way. Chellatho I¢by. DE13 SMI Date: 30 - 0£ -20*6