Trustee annual report AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st ] MARCH 2023
CHARITY REGISTRATION No. 1191265
Contents
Rapaid Emergency Bandages is a registered charity in England and Wales (1191265)
Page 1-19 Report of the Trustees Page 20 Statement of Financial Activities Page 21 Balance Sheet Pages 22 to 29 Notes to the Financial Statements
Who are we
LEGAL AND ADMINISTRATIVE INFORMATION
Charity Number (1191265)
Period of account
6[th ] April 2022 to 31[st ] March 2023
Trustees that served during the period to 31[st ] March 2023
Mr. Alex Chivers (Resigned November 2022) Mr. Paul Baker (Resigned February 2023) Mr. Gary Timothy Madden Mr Karl Baker (appointed 14[th ] November 2022)
Registered address
Brewers Barn, Fernham Road, Uffington, SN7 7RD
Charity structure
Charitable Incorporated Organisation (CIO), registered 14 SEPT 2020
Bankers
Santander Bank, Santander House, Oxford OX1 1HB
Charitable Purpose
The provision of services for the advancement of health/saving of lives, for the general public, throughout England and Wales
Governing Document
To preserve and protect health and the saving of lives of the public in the UK by providing establishments, public transport, and infrastructure, with visible and accessible emergency bandages (not normally provided by the statutory authorities) which in the event of a major incident or serious accident can be utilised for treating victims by passers-by, and/or the emergency services attending the scene.
Our Patron
“I have experienced first-hand those initial moments after an attack, bystanders were desperately trying to stem bleeding using clothing and what ever they could find. Having Rapaid emergency bandages in the public domain is a fantastic life saving initiate”
Travis Frain is a Patron for Rapaid. Travis was caught up in the Westminster terror attack in March 2017
Why are we
Knife crime, stabbings by terrorists, and vehicle ramming attacks are at their highest level in 10 years. There were 46,000 recorded knife crimes in 2019/20.
Between 2010 and 2020 there have been 742 terrorist attacks in the UK resulting in 63 fatalities and 457 casualties .
A further 16 plots have been thwarted since 2017. The threat of a terrorist attack is currently SUBSTANTIAL.
In its 2018 counter-terrorist strategy, the UK government noted that most future terrorist plots in the UK will employ simple ‘low-tech’ methods that can be developed with ease and at speed.
As we have seen in London, Manchester, Paris and Nice, these ‘low-tech’ attacks can occur on any high street, in any public space, at any time. Any one of us, our families or friends, could become a casualty. Typically these attacks result in trauma injuries that lead to massive and fatal blood loss. It only takes 5 minutes for a trauma casualty to bleed to death.
Although Police and First Responders may reach the scene quickly, they are not equipped to treat multiple trauma casualties spread along a high street, a seafront, across a bridge, through a market, or dispersed across different levels of a sports stadium or arena, on public transport, in shopping centers and in other public spaces.
3
What we want
Our mission is to save lives by prepositioning easy-to-find, life-saving bandages across the public space, enabling members of the public to stop blood-loss in the crucial minutes after knife crime, terrorist attack, or remote work accidents.
Our vision is to make life-saving emergency bandages as commonplace and as accessible as fire extinguishers and defibrillators right across the UK.
4
How we do it
We Preposition life-saving emergency bandages into venues within the public space, just seconds away from likely scenes of crime, terrorist attack or remote work accident . Rapaid emergency bandages are easy to find and quickly deployed and simple to use.
Whilst waiting for Police and First Responders to arrive, Rapaid enables ordinary members of the public to take fast, simple and effective steps to stop fatal blood-loss.
Rapaid life-saving emergency bandages do not require any special training. Each bag contains gloves and 4 x military grade bandages with simple color picture instructions. The bandages can be deployed in seconds, and immediately stem the bleeding until help arrives.
By prepositioning this capability in the public space, Rapaid turns shopkeepers, taxi drivers, pub landlords, hairdressers, commuters and passers-by into life-savers.
Look out for the Rapaid window sticker and find Emergency bandages that stops bleeding fast. Saving time, saving lives.
5
What we have done
200 x Bags into Manchester Black cabs
Carried with the driver ready for the public or emergency services to flag down and utalise 24/7
70 x Bags into Black cabs in Oxford
Carried with the driver ready for the public or emergency services to flag down and utalise 24/7
20 x Bags into The British Museum, London
Prepositioned in all guard boxes, search bay and entrances (7 million visitors per year).
20x Bags into South Wales Trunk Road Agency
Carried on the M4 corridor by the fleet of safety vehicles.
2 x Bags into Jewish Places of worship
As part of their crisis response kit.
5 x Bags into Secondary Schools
Prepositioned emergency kits also used to assist in knife awareness education.
40 x Bags into Oxford University
Prepositioned in the college gate houses and porters lodges throughout Oxford City.
100 x Bags into Manchester, Oxford, Hereford.
Distributed into independant cafes, restaurants bars, shops and clubs across these city centers.
50 x Bags into Swindon taxi cabs
Carried with the driver ready for the public or emergency services to flag down and utilise 24/7
60 x Bags into Exeter Red and Black cabs
Carried with the driver ready for the public or emergency services to flag down and utilise 24/7
6
What we have done
5 x Bags into Council community centres and libraires Available for the visitors, the public and staff.
2 x Bag into MOD military base
Located in the social/ dining area of large gatherings.
4 x Bags into village halls
Located in village halls and alongside the Defibs in the community.
4 x Bags into local league football club Located in club house and stadium.
30 x Bags into The great Northern warehouse shopping centre
Strategically located across the whole of the shopping centre and brand partners.
30 x Bags into The Nottinghamshire NHS Trust
Strategically located across the whole of the NHS estate.
7
IAPAID Distribution to Manchester black cab Taxis EMERGENCY BANDAGES IAPAID QUICK. SIMPLE. LIFE SAVING. Jiii Flnd RAPAID Emwaw 8•nd•gM t*h•r•vw ••• th• RAPAIO 1090.
“ This is a great initiative from Rapaid that GMP supports across the whole of Greater Manchester. Anything that increases public safety and helps to prevent fatalities is a good thing. Even though I hope these will not be needed, if injuries do occur, the bandages have the potential to stop serious bleeding until an ambulance arrives”
Superintendent Chris Hill, City of Manchester Division.
9
IAPAID Distribution to Oxford black cab Taxis EMERGENCY BANDAGES Th, 11 1.1 Alexander Chlvers Rapald Emergency Bind•g•s laEIIJ SOUTH TODAY 10
“I hope we never need to use these bandages, but if we do, then stopping a massive loss of blood could make the difference between saving a life of not. Alex Chivers has managed to bring together organisations across the city, to get bandages into many locations. Let’s get the message out so that everyone knows they are never far from these lifesaving devises. This is a great initiative, thank you Rapaid!”
Cllr Louise Upton, Oxford City Council’s Cabinet Member for Safety
11
IAPAID Distribution to Swindon Taxis EMERGENCY BANDAGES IAPAID QUICK. SIMPLE. LIFE SAVING. K)N STAIIO Flnd RAPAID Emwaw 8•nd•gM t*h•r•vw ••• th• RAPAIO 1090. Alex Chlver• Foundtf, Rap•ld 12
IAPAID Distribution to Exeter Taxis EMERGENCY BANDAGES Jp Iw*l 13
“The distribution of emergency bandages to taxis across the borough of Swindon could be the difference in saving someone’s life and we are pleased that the work of Rapaid could make a huge difference in communities. “This is such a fantastic initiative by Alex Chivers the founder of Rapaid and Wiltshire Police are fully supportive of their work in our communities”.
Superintendent Phil Stayning Wiltshire Police
14
Looking ahead
Objectives
Continue to recruit core board members Execute our year 3 fundraising strategy Expand our media/social media/communications strategy Execute planned campaigns. Collect and collate impact data Identify and engage champions and funder communities
15
How it adds up
Financial Review
Income for the year is representative of the launch of the finished emergency bags for distribution into the community. There are no immediate year on year comparators for the performance of RAPAID income and expenditure. This initial donation period has enabled a sustainable platform for future growth.
The principal sources of funding have come from unrestricted donations. RAPAID is anticipating ongoing philanthropic donations from it’s principal donor Baker Family Foundation to support the increase in the charity’s presence and distribution base.
The following key financial events have impacted our income and expenditure during the year
-
Income of £363,260 also included a small number of direct purchases of the emergency bandage bags as well as the major source of donations.
-
The greatest increase in expenditure can be seen as a result of the initial purchases of stock for distribution and the commencement of a salaried CEO role for Alexander Chivers (founder). Total expenditure of £39,827 (seven months £5,989 2021/22).
Restricted Income
No income received has been restricted.
Unrestricted funds
Unrestricted funds stands at £323,780 (2021/22: £347).
This level of reserves as of 31[st] March 2023 is deemed adequate to meet current and ongoing reserves policy, providing almost three years of operations cover.
16
How it adds up
Reserves Policy
The trustees have considered the level of reserves they wish to retain, appropriate to the charity’s size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavor not to set aside funds unnecessarily.
The aim will be to hold at least 3 to 6 months’ equivalent support costs of which would be sufficient to support the ongoing activities and development of RAPAID Emergency Bandages.
Risk Management
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions.
The directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate significant risks.
Investment Policy
Considering the Charity’s size of operations all income received is required as working capital and to fulfill the reserves policy. As such RAPAID have no cash invested in short- or long-term deposits.
Working capital and reserve requirements continue to be monitored and reviewed on a quarterly and annual basis by the board.
17
How it adds up
Going Concern
In order to assess the appropriateness of the going concern assumption basis, the Trustees have considered the charity’s financial position, reserves and forecasts for the foreseeable future.
They have considered the assumptions underlying those forecasts and the impact of the potential risks affecting them. Having made those enquiries, the Trustees have a reasonable expectation that the organisation will be able to continue in operation and meet its liabilities as they fall due for at least twelve months from the date of signing this report.
For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Structure, governance & management
The organisation is a charitable incorporated organisation registered 14 SEPT 2020.
The Board of Trustees are set out at the start of this document.
The Board meets at least three times a year. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 10 to the accounts.
Any person who is willing to act as a trustee, and is permitted by law to do so, may be appointed to be a trustee by a decision of the trustees. No person who is not a member shall in any circumstances be eligible to hold office as a trustee.
During the twelve months to 31[st] March 2023 the trustees delegated day to day management of the charity to its founder and CEO Alexander Chivers.
18
Statement of responsibilities of the trustees
The Charities Act and law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including net income or expenditure of the charity for the year. In preparing those statements the trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Observe the methods and principles of the charities SORP
-
Make judgments and accounting estimates that are reasonable and prudent
-
State weather applicable accounting standards and statements have been followed, subject to any material departures disclosed and explained in the financial statements.
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Charity’s act 2011, the charity (accounts and reports) regulations 2008 and the provisions of the constitution.
The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps in the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate financial Information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Members of the charity have no liability to contribute to the assets of the charity and no personal responsibility for settling its debts and liabilities in the event of winding up. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
Approved by the trustees on 21[st] June 2023: Alex Chivers and signed on their behalf by Alex Chivers CEO:
19
| CharityName RAPAID | CharityName RAPAID | CharityName RAPAID | CharityName RAPAID | CharityNo | 119265 |
|---|---|---|---|---|---|
| Annual accounts for theperiod | |||||
| Period start date | 06/04/2022 | To | Period end date | 31/03/2023 |
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2023
| Notes Incoming resources 3 Income from: Donations and legacies Charitable activities Other trading activities Separate material item of income Other Total Resourcesexpended 4 Expenditure on: Raising funds Charitable activities Total Net income/(expenditure) Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds Restricted income funds £ £ |
Unrestricted funds Restricted income funds £ £ |
Total funds Last year £ £ |
Total funds Last year £ £ |
|---|---|---|---|---|
| 366,295 | - | 366,295 | 4,094 | |
| (3,035) | - | (3,035) | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| 363,260 | - | 363,260 | 4,094 | |
| 2,608 | - | 2,608 | 692 | |
| 37,219 | - | 37,219 | 5,297 | |
| 39,827 | - | 39,827 | 5,989 | |
| 323,433 | - | 323,433 | (1,895) | |
| 347 | - | 347 | 2,242 | |
| 323,780 | - | 323,780 | 347 |
The notes on pages 22 to 29 form part of these financial statements
20
BALANCE SHEET AS AT 31 MARCH 2023
| Notes Current assets Stocks 6 Debtors 7 Cash at bank and in hand 8 Total current assets Creditors:amounts falling due within one year 9 Net current assets/(liabilities) Total assets less current liabilities Total net assets or liabilities Funds of the Charity Endowment funds Restricted income funds Unrestricted funds Revaluation reserve Total funds |
Unrestricted funds £ |
Restricted income funds £ |
Total this year £ |
Total last year £ |
|---|---|---|---|---|
| 18,408 | - | 18,408 | ||
| 40,830 | - | 40,830 | ||
| 265,246 | - | 265,246 | 347 | |
| 324,484 | - | 324,484 | 347 | |
| 705 | - | - | ||
| 705 | ||||
| 323,780 | - | 323,780 | 347 | |
| 323,780 | - | 323,780 | 347 | |
| 323,780 | - | 323,780 | 347 | |
| - | - | |||
| - | - | - | ||
| 323,780 | 323,780 | 347 | ||
| - | ||||
| 323,780 | - | 323,780 | 347 |
Approved and authorised for issue on behalf of the trustees by:
| Signature | Print Name | Date of approval dd/mm/yyyy |
|---|---|---|
| Alex Chivers | Alex CHIVERS (CEO) | 21stJune 2023 |
The notes on pages 22 to 29 form part of these financial statements
21
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2023
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
These accounts 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 October 2019 and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
1.2 Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. As set out in more detail in the Trustees' annual report. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for th eforeseeable future. The trustees therefore continue to adopt going concern basis of accounting in preparing the accounts.
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in the following notes on pages 3 to 5.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
22
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
| Note 2 | Accounting | policies |
|---|---|---|
| 2.1INCOME | ||
| Recognition of income | These are included in the Statement of Financial Activities (SoFA) when: | |
| • the charity becomes entitled to the resources; |
||
| · it is more likely than not that the trustees will receive the resources; and |
||
| • the monetary value can be measured with sufficient reliability. |
||
| There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by | ||
| Offsetting | the FRS 102 SORP or FRS 102. | |
| Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to | ||
| Grants and donations | 5.12 FRS102 SORP). | |
| In the case of performance related grants, income must only be recognised to the extent that the charity has | ||
| provided the specified goods or services as entitlement to the grant only occurs when the performance related | ||
| conditions are met (5.16 FRS 102 SORP). | ||
| Legacies | Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the | |
| executors have established that there are sufficient assets in the estate and any conditions attached to the | ||
| legacy are either within the control of the charity or have been met. | ||
| Government grants | The charity has not received government grants in the reporting period | |
| Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount | ||
| Tax reclaims on donations and gifts | recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the | |
| initial donation unless the donor or the terms of the appeal have specified otherwise. | ||
| This is only included in the SoFA once the charity has provided the related goods or services or met the | ||
| Contractual income and performance | performance related conditions. | |
| related grants | ||
| Donated goods | Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. |
|
| The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those | ||
| gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are | ||
| distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. | ||
| Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from | ||
| sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the | ||
| corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income | ||
| from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading | ||
| activities'. | ||
| Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA | ||
| as incoming resources when receivable. | ||
| Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. | ||
| Donated services and facilities | Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. |
|
| Donated services and facilities that are consumed immediately are recognised as income with an equivalent | ||
| amount recognised as an expense under the appropriate heading in the SOFA. | ||
| Support costs | The charity has incurred expenditure on support costs. | |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
|
| Income from interest, royalties and dividends |
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. | |
| Income from membership subscriptions |
Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. | |
| Membership subscriptions which gives a member the right to buy services or other benefits are recognised as | ||
| income earned from the provision of goods and services as income from charitable activities. | ||
| Settlement of insurance claims | Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. |
|
| Investment gains and losses | This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting | |
| from revaluing investments to market value at the end of the year. |
23
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
Note 2 Accounting policies
2.2 EXPENDITURE AND LIABILITIES
| Liability recognition | Liabilities are recognised where it is more likely than not that there is a legal or constructive |
|---|---|
| obligation committing the charity to pay out resources and the amount of the obligation can | |
| be measured with reasonable certainty. | |
| Governance and support costs |
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. |
| Support costs include central functions and have been allocated to activity cost categories | |
| on a basis consistent with the use of resources, eg allocating property costs by floor areas, | |
| or per capita, staff costs by the time spent and other costs by their usage. | |
| Grants with performance conditions |
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. |
| Grants payable without performance conditions |
Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. |
| Redundancy cost | The charity made no redundancy payments during the reporting period. |
| Deferred income | No material item of deferred income has been included in the accounts. |
| Creditors | The charity has creditors which are measured at settlement amounts less any trade discounts |
| Provisions for liabilities | A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date |
| The charity accounts for basic financial instruments on initial recognition as per paragraph | |
| Basic financial instruments | 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, |
| FRS102 SORP. |
24
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
| Note 3 Analysis of income Analysis Donations and legacies: Charitable activities: TOTAL INCOME Donations and gifts Total Bag Sales Cost of sales and donated goods Total |
Analysis of income Analysis |
Unrestricted funds |
Restricted income funds |
Total funds £ |
Last year £ |
|---|---|---|---|---|---|
| Donations and gifts | 366,295 | - | 366,295 | 4,094 | |
| Total | 366,295 |
- | 366,295 | 4,094 | |
| Bag Sales | 2,250 | - | 2,250 | - | |
| Cost of sales and donated goods | (5,285) | - |
(5,285) | - | |
(3,035) |
- | (3,035) | - | ||
| 363,260 | - | 363,260 | 4,094 | ||
25
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
Note 4 Analysis of expenditure
| Note 4 Analysis of expenditure |
||||
|---|---|---|---|---|
| Analysis Expenditure on raising funds: |
Unrestricted funds |
This year Restricted income funds |
Total funds £ |
Last year Total funds £ |
| Advertising,marketing,direct mail andpublicity | 2,608 | - | 2,608 | 692 |
| Total expenditure on raising funds | ||||
| 2,608 | - | 2,608 | 692 | |
| Expenditure on charitable activities: | ||||
| Furthering Charitable Activities: | ||||
| Computer costs | 933 | - | 933 | 732 |
| Entertinaingandgifts | 262 | - | 262 | - |
| Health and safety | 37 | - | 37 | - |
| Insurances | - | - | - | 138 |
| Materials | 64 | - | 64 | 80 |
| Phone costs | 729 | - | 729 | 420 |
| Printing, postage and stationery | 643 | - | 643 | 413 |
| Travel expenses | 1,353 | - | 1,353 | 969 |
| Utilities | - | - | - | 117 |
| Vehicle and motoringcosts | 271 | - | 271 | 1,458 |
| Wages | 26,667 | - | 26,667 | - |
| Support and Governance: | ||||
| Audit and accounting | 2,786 | - | 2,786 | - |
| Office/general administrative expenses | 2,393 | - | 2,393 | 944 |
| Professional Services | - | - | - | 27 |
| Governance | 1,081 | - | - | |
| 1,081 | ||||
| Total expenditure on charitable activities | 37,219 | - | 37,219 | 5,297 |
| TOTAL EXPENDITURE | ||||
| 39,827 | - | 39,827 | 5,989 |
26
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
Note 5 Paid employees
5.1 Staff Costs
| Salaries and wages Social security costs Employers allowance claimed Pension costs (defined contribution scheme) Other employee benefits Total staff costs |
This year £ |
Last year £ |
|---|---|---|
| 26,667 | - | |
| 2,552 | - | |
| (2,552) | - | |
| - | - | |
| - | - | |
| 26,667 | - |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. Alexander Chivers the charity CEO is salaried at £80,000 per annum, commencing 1st January 2023.
| Band £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90,000 to £99,999 £100,000 to £109,999 Total amount paid to key management personnel (CEO) for their services to the charity. |
Number of | employees |
|---|---|---|
| Thisyear | Lastyear | |
| - | - | |
| - | - | |
| 1 | - | |
| - | - | |
| - | - | |
| Thisyear | Lastyear | |
| £ | £ | |
| 26,667 | - |
5.2 Average head count in the year
The parts of the charity in which the employees work
| This year Number |
Last year Number |
|
|---|---|---|
| Fundraising | - | - |
| Charitable Activities | - | - |
| Governance | - | - |
| CEO | 1 | - |
| Total | 1 |
- |
27
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
| Note 6 Stocks Charitable activities: Opening Added in period Expensed in period Impaired Closing Total this year Note 7 Debtors and prepayments 7.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total Note 8 Cash at bank and in hand Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Petty Cash Total |
Stock | Stock |
|---|---|---|
| For distribution and resale | ||
| This year £ |
Last year £ |
|
| - | - | |
| 23,207 | - | |
| (4,799) | - |
|
| - | - | |
| 18,408 | - | |
| 18,408 | - | |
| This year £ |
Last year £ |
|
| 82 | - | |
| 40,748 | - | |
| - | - | |
| 40,830 | - | |
| This year £ |
Last year £ |
|
| - | - | |
| - | - | |
| 264,726 | 26 | |
| 520 | 320 | |
| 265,246 | 347 |
Note 9 Creditors and accruals
| 9.1 Analysis of creditors Trade creditors Accrued independent examination fee Total |
||||
|---|---|---|---|---|
| Amounts falling due within one year |
Amounts falling due after more than one year |
|||
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| 30 | - | - | - | |
| 675 | - | - | - | |
705 |
- | - | - |
28
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023
Note 10 Transactions with trustees and related parties
10.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
10.2 Trustees' expenses
No trustee expenses have been incurred
10.3 Transaction(s) with related parties
There have been no related party transactions in the reporting period.
29
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF RAPAID EMERGENCY BANDAGES (the ‘Charity’)
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the ACCA and ACIE, both of which are one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement 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.
Jason Foxwell FCCA FCIE independent-examiner.net 39 Enfield Road Poole BH15 3LJ
Date: 11 July 2023
30