**REGISTERED COMPANY NUMBER: CE024124 (England and Wales) REGISTERED CHARITY NUMBER: 1191721**
**Report of the Trustees and Unaudited Financial Statements for the Period 1 July 2019 to 31 October 2021 for**
## **Black Beetle Health CIO**
Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR
**Black Beetle Health CIO**
**Contents of the Financial Statements for the Period 1 July 2019 to 31 October 2021**
||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4 to 5|
|Notes to the Financial Statements|6 to 8|
|Detailed Statement of Financial Activities|9|
**Black Beetle Health CIO**
## **Report of the Trustees**
## **for the Period 1 July 2019 to 31 October 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 July 2019 to 31 October 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **INCORPORATION**
The charitable company was incorporated on 1 July 2019.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
CE024124 (England and Wales)
## **Registered Charity number**
1191721
## **Registered office**
2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR
## **Trustees**
D Pritchard Trustee - appointed 12.10.2020 Ms E Kinaka Banadzem Trustee - appointed 13.10.2020 D Kennedy-Pitt Trustee - appointed 13.10.2020
## **Independent examiner**
Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. Trustee
Page 1
## **Independent Examiner's Report to the Trustees of Black Beetle Health CIO**
I report on the accounts of the company for the period 1 July 2019 to 31 October 2021, which are set out on pages three to eight.
## **Responsibilities and basis of report**
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. that accounting records were not kept as required by section 386 of the Companies Act 2006; or
2. that the accounts do not accord with those records; or
3. that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; or
4. that there is further information needed for a proper understanding of the accounts.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Mir Seyed Mokhtassi BSc (Hons) FCA CTA Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR
Date: .............................................
Page 2
**Black Beetle Health CIO**
## **Statement of Financial Activities**
## **for the Period 1 July 2019 to 31 October 2021**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
2,911
98,259
**RESOURCES EXPENDED**
**Costs of generating funds**
Costs of generating voluntary income
-
67,144
Fundraising trading: cost of goods sold and other
costs
-
1,001
Investment management costs
2
-
1,450
**Other resources expended**
-
5,786
**Total resources expended**
-
75,381
**NET INCOMING RESOURCES**
2,911
22,878
**TOTAL FUNDS CARRIED FORWARD**
2,911
22,878|Total
funds
£
101,170
67,144
1,001
1,450
5,786|
|---|---|
||75,381|
||25,789|
||25,789|
The notes form part of these financial statements
Page 3
**Black Beetle Health CIO**
## **Balance Sheet**
## **At 31 October 2021**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**FIXED ASSETS**
Tangible assets
6
-
749
**CURRENT ASSETS**
Debtors
7
523
-
Cash at bank
2,388
23,429
2,911
23,429
**CREDITORS**
Amounts falling due within one year
8
-
(1,300)
**NET CURRENT ASSETS**
2,911
22,129
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
2,911
22,878
**NET ASSETS**
2,911
22,878
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Total
funds
£
749
523
25,817
26,340
(1,300)
25,040
25,789
25,789
2,911
22,878
25,789|
|---|---|
The notes form part of these financial statements
continued...
Page 4
**Black Beetle Health CIO**
## **Balance Sheet - continued**
## **At 31 October 2021**
The charitable company is entitled to exemption from audit under Section 479A of the Companies Act 2006 relating to subsidiary charitable companies for the period ended 31 October 2021.
The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
.............................................
Trustee
The notes form part of these financial statements
Page 5
**Black Beetle Health CIO**
## **Notes to the Financial Statements for the Period 1 July 2019 to 31 October 2021**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT MANAGEMENT COSTS**
||£|
|---|---|
|Support costs|1,450|
## **3. NET INCOMING/(OUTGOING) RESOURCES**
Net resources are stated after charging/(crediting):
||£||
|---|---|---|
|Depreciation - owned assets||250|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the period ended 31 October 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the period ended 31 October 2021.
Page 6
**Black Beetle Health CIO**
## **Notes to the Financial Statements - continued**
**for the Period 1 July 2019 to 31 October 2021**
## **5. STAFF COSTS**
|||£||
|---|---|---|---|
||Wages and salaries|48,989||
||The average monthly number of employees during the period was as follows:|||
||Trustees||3|
||Sub-contractors||6|
||||9|
||No employees received emoluments in excess of £60,000.|||
|**6.**|**TANGIBLE FIXED ASSETS**|||
|||Computer||
|||equipment||
|||£||
||**COST**|||
||Additions||999|
||**DEPRECIATION**|||
||Charge for year||250|
||**NET BOOK VALUE**|||
||At 31 October 2021||749|
|**7.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||£||
||Trade debtors||523|
|**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||£||
||Other creditors||100|
||Accrued expenses|1,200||
|||1,300||
Page 7
**Black Beetle Health CIO**
## **Notes to the Financial Statements - continued**
**for the Period 1 July 2019 to 31 October 2021**
## **9. MOVEMENT IN FUNDS**
|||Net movement||
|---|---|---|---|
|||in funds|At 31.10.21|
|||£|£|
|**Unrestricted funds**||||
|General fund||2,911|2,911|
|**Restricted funds**||||
|Restricted||22,878|22,878|
|**TOTAL FUNDS**||25,789|25,789|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement in|
||resources|expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|2,911|-|2,911|
|**Restricted funds**||||
|Restricted|98,259|(75,381)|22,878|
|**TOTAL FUNDS**|101,170|(75,381)|25,789|
Page 8
**Black Beetle Health CIO**
## **Detailed Statement of Financial Activities**
## **for the Period 1 July 2019 to 31 October 2021**
|**INCOMING RESOURCES**
**Voluntary income**
Gifts
Donations
Grants
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating voluntary income**
Wages
Postage and stationery
Sundries
Travel
**Fundraising trading: cost of goods sold and other costs**
Purchases
**Support costs**
**Management**
Insurance
Advertising
Accountancy
Computer equipment
**Finance**
Bank charges
**Total resources expended**
**Net income**|£
2,827
83
98,260|
|---|---|
||101,170|
||101,170
48,989
2,561
572
15,022|
||67,144
1,001
199
3,075
3,699
250|
||7,223
13|
||75,381|
||25,789|
This page does not form part of the statutory financial statements
Page 9