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2023-09-01-accounts

Charity number: 1188738

GLOBE TRUCKERS UK

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

GLOBE TRUCKERS UK

CONTENTS

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

GLOBE TRUCKERS UK

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 AUGUST 2023

Trustees

Mark Colsell (appointed 4 January 2023) Donna Davies (appointed 4 January 2023) Stuart Hannah Megan Macer (resigned 2 January 2023) Sandra Mayes (resigned 2 January 2023) Jackie Tustian

Charity registered number

1188738

Principal office

14 Newcombe Close Milcombe Banbury Oxfordshire OX15 4RN

Page 1

GLOBE TRUCKERS UK

TRUSTEES REPORT FOR THE PERIOD ENDED 31 AUGUST 2023

The Trustees present their annual report together with the financial statements of the charity for the year ended 31 August 2023.

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 has undertaken limited activities in the year.

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 2023

Total Funds
2023
£
INCOME FROM:
Donations and legacies
5,210
TOTALINCOME
5,210
EXPENDITURE ON:
Raising funds
-
Charitable activities
3,071
TOTALEXPENDITURE
3,071
NET MOVEMENT IN FUNDS
2,139
RECONCILIATION OF FUNDS:
Total funds brought forward
2,091
TOTAL FUNDS CARRIED FORWARD
4,230
Total
funds
2022
£
4,335
Total
funds
2022
£
4,335
4,335
964
1,376
2,340
1,995
96
2,091

All income is unrestricted.

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

Page 3

GLOBE TRUCKERS UK

BALANCE SHEET AS AT 31 AUGUST 2023

NOTE
CURRENT ASSETS
Cash at bank and in
hand
TOTALCURRENT
ASSETS
NETASSETS
CHARITYFUNDS
Unrestricted funds
TOTALFUNDS
The financial statements were approved by the Trustees
signed on their behalf, by:
................................................
Jackie Tustian
Chair
2023
2022
£
£
4,230
2,091
4,230
2,091
4,230
2,091
4,230
2,091
4,230
2,091
and
2022
£
2,091
2,091
2,091
2,091
2,091

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 2023

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 2023

2. DONATIONS

Donations
2. RAISING FUNDS
Events
3. CHARITABLE ACTIVITIES
Charitable activities
Other support costs
Professional fees
Bank fees
Advertising and website costs
Licences

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 (2022: £Nil).

Page 6