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2022-09-01-accounts

Charity number: 1188738

GLOBE TRUCKERS UK

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

GLOBE TRUCKERS UK

CONTENTS

Page
Reference and administrative details of the charity, its trustees and
advisers 1
Trustees' report 2
Statement of fnancial activities 3
Balance sheet 4
Notes to the fnancial statements 5 - 6

GLOBE TRUCKERS UK

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 AUGUST 2022

Trustees

Mark Colsell (appointed 2 January 2023) Donna Davies (appointed 2 January 2023) Stuart Hannah Megan Macer (resigned 2 January 2023) Sandra Mayes (resigned 2 January 2023) Jackie Tustian

Charity registered number

1188738

Principal office

13 Ruskin Walk Bicester OX26 4TE

Page 1

GLOBE TRUCKERS UK

TRUSTEES REPORT FOR THE PERIOD ENDED 31 AUGUST 2022

The Trustees present their annual report together with the financial statements of the charity for the year ended 31 August 2022. The previous period was a long period from 20 March 2020 to 31 August 2021.

Globe Truckers UK is a Charitable Incorporated Organisation registered with the Charity Commission under number 1188738.

Structure, governance and management

The principal object of the charity is the relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage.

Globe Truckers UK aims to achieve this by making grants to alleviate hardship for those employed in large vehicle road transport services, their partners and dependents, in the UK.

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution.

Objectives and Activities

Globe Truckers UK was formed as the severity of the Covid 19 pandemic became apparent. As such, activities have been limited to establishing the CIO and commencing fundraising activities.

This report was approved by the Trustees, on and signed on their behalf by:

……………………………………………… Jackie Tustian Trustee

Page 2

GLOBE TRUCKERS UK

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 AUGUST 2022

Total Funds
2022
£
INCOME FROM:
Donations and legacies
4,335
TOTAL INCOME
4,335
EXPENDITURE ON:
Raising funds
964
Charitable activities
1,376
TOTAL EXPENDITURE
2,340
NET MOVEMENT IN FUNDS
1,995
RECONCILIATION OF FUNDS:
Total funds brought forward
96
TOTAL FUNDS CARRIED FORWARD
2,091
Total
funds
2021
£
1,102
1,102
-
1,006
1,006
96
-
96

All income is unrestricted.

The notes on pages 5 and 6 form part of these financial statements.

Page 3

GLOBE TRUCKERS UK

BALANCE SHEET FOR THE PERIOD ENDED 31 AUGUST 2022

NOTE
CURRENT ASSETS
Cash at bank and in
hand
TOTAL CURRENT
ASSETS
NET ASSETS
CHARITY FUNDS
Unrestricted funds
TOTAL FUNDS
The fnancial statements were approved by the Trustees
signed on their behalf, by:
2022
202
1
£
£
2,091
96
2,091
96
2,091
96
2,091
96
2,091
96
and
202
1
£
96
96
96
96
96

................................................

Jackie Tustian

Chair

The notes on pages 5 and 6 form part of these financial statements.

Page 4

GLOBE TRUCKERS UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in 2019 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.

Globe Truckers UK constitutes a public benefit entity as defined by FRS 102.

1.2 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.

1.4 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Page 5

GLOBE TRUCKERS UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022

2. DONATIONS

Donations
2.
RAISING FUNDS
Events
3.
CHARITABLE ACTIVITIES
Charitable activities
Other support costs
Professional fees
Bank fees
Advertising and website
costs
Licences
2022
£
4,335
2022
£
963
2022
£
32
239
300
104
182
520
1,376
2021
£
1,102
2021
£
-
2021
£
-
-
-
-
492
514
1,006

4. NET INCOME/(EXPENDITURE)

During the period, no Trustees received any remuneration, benefits in kind or reimbursement of expenses.

5. RELATED PARTY TRANSACTIONS

No related party transactions took place in the period (2021: £Nil).

Page 6