RIDE26NE ao FINANaALSTATEMEPll5 FOR THE PERIOD20 FEBRUARY2020TO >)JUNE 2021 PAGE Trustees Report 24 Statement of FinarKial ArtMtse5 Balance Sheet IndÈperKlent Examinerfs Report to the Trustees of Ride2Give CIO CHAIR= SPWood TRUSTEES.. S P Wotxl lapwrnted 12 Febwary 20201 J H Tudor (appointed 12 Febnjary 20201 S W Martin lapTx>inted 12 Febwary 20201 PRINCIPAL OFFICE= 154 Church Green Road Bletchley Mikon Keynes MK36DD REGIStERED CHARtIY NUMBER: 1187914 INDEPENDENT EXAMINER Jean-marc Hodgkin, FCA 353 Sandy Road Willington MK44 3QS BANKERS.. Metro Bank Babbage Gate. Oakgrove Mitton Keynes Buckinghamshire MK109SU FUDE261VE 00 FINANaAL￿ATEmENTS FOR7HE PE￿(￿ 20 ￿BRl1ARy 2020TO J)JUNE 2021 TRU￿Es ANNUAL REFYJRT TheTrustees present their annual Teport for Ride2Give ao for the period 20 February 2020 10 31Y June 2021. which comply with the CIIY5 (xjnstitution and applicable law and accounting requirements. ructure overnance and mana ement Ride2Give CIO (the charity) is an inco¥pordted entity governed undera constitution of a Chafjtable Incorporaied Organriation. The Twstees are re5p)nsible for theoverall management BrKI control of Ride2Give CIO and hold regular meeting5. All Trustee5 give their time free￿ and no remuneral￿n wa5 paKJ during the year. anisation and A ointment of Trustee5 The current Trustees are the First Trustees on i¥￿0rporatIon on 12 feb￿ary 2020. Their terms of office expire a year apart tn orderto retain Board cover. The Charlty is able to have as many as nine Tfustees. The First Trustees have discussed appointing addttional Trustees to support the Charity meet it5 strateeic and charitable aims. Ob ecrive5 and Acttvities The Trustees ale aware of the Chartty CommissM)n guidance on Publ¢c Benefft and their operation of the Chartty reflects this. The T￿Stee$ believe that the Chanty satis￿$ its public benefit obligation and has acted within tts approved obJ"ects. The object5 of the CIO a￿.. The relief of financial hardship, eithergeneralty or indNidually, of people lsving in England & Wales through the prO￿510n of grants. goods or serviw. To relieve the needs of indtwduals li￿n& wsth disabilr(*S Of severe illness and theif famity and carer5 in particular but not exclusively bythe prow5ion of grants. goods or services. To assist in the treatment and care of persons suffering from mental or phy5ic31 illnes5 of ally description or in need of rehabilitatKJn 35 a resutt of such illne55 of people living in England & Wale5 through the provsion of grants. goods orseNces.' Financial Review and Reserves The financial results forthe first accovnting period from 2￿ Febmary 2020 to 30th June 2021 show an overall surplus on unrestricted ie5etves of £1.284 Risk Mana ement The Trusree5 are ￿pOnsIble for over5eeinE the risks faced by the charity. Rsks are identified. assessed and controL% established throughout the ￿ar. These are maintsined on a Risk Regtster and d￿cUSSed and rnanaged at Board Meetings. TheTrustees believe they have mttigated against any tnajor rtsk5 to the char￿Y. Resefves Pofi The Trustees have agreed a Reselves Policy to ensure that SuffiC￿ntfUndS are hekl at all titnes to cover such items as Work1r￿ capital, unforeseen unavoidable expendtlure oran unexpetted cessation of income. The Trustee5 have agreed that £l.(XM) is sufficient for this purpose. At 31"June 2021, the sum of £1,284 was hekl in cash orat bank. Remew of Artivttes The Charrtvs first period to 3￿)Une 2021 wa5 set to be an exciting period for Ride2GNe wtth various events planned in the space of chatFty brand promtion and fvndr3isinE inclLtdin8 large 75 VE Dav Celebrations and events to raise fuwmls to deliver the Charivs objectives. The Covid-19 p3rMlemic dÈsrupted these plars along with other inttiatives including promotin8 the prO￿510n o* grants. services and gcK)ds to qualrfying aPpI￿ants. As a result. the Trustees focus for the ￿m31nder of the year shrfted to two core areas.. Strategic planning lor post Covid-19 reopeningwith sufficient investment in PPE and COVKI- Safety measures to be able to continue to fundrarse and deliver charitable service5 safely. c￿atIng strategic partnerships with ILKal motorcycle enthuslasts and promoting the Chariws purpose and activitie5. The Charity have been encouraged tn tts first year by the donations made. Restrirtions have made tt very difficutt to organise fund raiser5 so Èn petiod we have relied on patronage from supporter5 of the Charity- These are primarFty local MotOFcyde Hartey group Nene Valley HOG Chapter. btE5ine55es Cash & Carry Carpets and Funeral Supplies Ltd. The general reaction and support we have received from the general public. followingthe social media publKtygenerated around the Charitys activiiie5 has been encouraging. Covid restr￿￿on5 have impacted ihe abilityto provtde the support planned, but some limited actNity wa5 undertaken. The intent of the Charty is to deliver smiles and 5en5e of occasion as well as servi￿$ & support. so the primary delivery method ts a visit to the person with a group of motorrycles being the method of delFvery. Children have been the main recipients of support in th￿ period. w*th event5 around Christmas. Easter and birthday5 being the p￿ferred intetim approach. These retTrpients have i￿luded those with Learnin8 difficulties. aLrtism and complex behaviDural challenge5. We have supported one irMIMdual who is a Nwn Syndrorne sufferer. which causes phy5ic31 ￿sUeS. other5 are related to learning and beha￿￿￿￿3nd who's mhl-tern7 health diagn0515 15 not positive. A SIn￿e mother with five child￿n who had recently been r&hou5ed and financial insecure. due to domesti£ abuse. In the nextyearour sin￿re hope ￿ that the lifting of Covid-19 restrictK)ns will enable the Chartty to drive MO￿ fund-ratsirsg events and increase the sca¢e of the grant m3king and support prowded. Re5 nsibilities of theTwst TheTrustees are required to prepare fina￿131 statements thatgNe a irue and fairvEw of the CIIYS financial artivrtÈ5 and of its financial w)sttK)n at the end of each finanaal year. They a￿ required to manage the CIO In accordan￿ with its constitution and to maintain suitablÈ accounting records in order to comply wtth the Charities Att 20JI_ They are akn re5p)nsible for safeguarding the assets of the CIO and hence for taking reasonable stepsfor the prevention aNI detection of fraud and other irregularities. Approved by theTnJstee5 and SI￿ on their beh3tfby: SPWood Chairman RIDE26WE ao FI￿4￿cIALsTATemENTS FOR THE PERIIJD 20 FEBRUARY 2020T030JUNE 2021 Note." No comparator as first yearof tradir Period Ended 30JuTre 2021 Unrestrictsy Funds Restritted Funds Income £1.379 Total Income Expenditure £ 95 Total Expenditure £ 95 MovemerÈts in Funds £1,284 Fund Balan￿5 Brought Forwards £0 Fund Bala¥Ke5 carr￿ Forwards £1.284 RIoE2GP￿ ao LAN￿SHE￿ ASAT*IJUNE 2021 @ 3(P June 2021 No Comparator Current Jlssets Cash At Bank 1,264 Debtors Current knabilities Net Assets £1.264 FUNDS Reserves Fund £i.o Unrestricted Income Fund £ 264 Restricted Funds Notes to the FinancÉal Statements a. The Financial State1nentsknete￿ t￿rE￿ Ina(XDrdan￿￿ryththe$tat￿ent0f Reu>mM0nd￿d PraEbce SORP IFRS1021 urthrthechayilheskt 201L Tr￿n￿1n a￿1)unti￿p0k$e5￿e." 2. Ewendtiure i5reco8nl5￿Wheft ￿￿rred. 4. NOT￿￿ee expensedany pwrolcostse&trkn%4thring thÈ permid Approved bytheTrustees a￿1 S￿ned on their behalf ty. SPWood Chairman Date:... RIDE2GWE ao HPIWALSfATEMEP￿S FOR THE PERICQ 20 FEBRUARY 2020TO 30JUNE 2021 INDEPENDENTEXAMINEWS REPORTToTHETRu￿ES OF AIDE2GfvE CIO I have examined the Financial Ststements of Ride2Give CIO for the ￿trOd from 2￿ February 2020 to 30th June 2021 and confirm that they have beeft {Orrect￿ prepared in accordance with the books and records. Jean-marc Hodgkin FCA Date= 28th February 2022