**Registered company number - 13232156 Registered charity number - 1154270**
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT) (A COMPANY LIMITED BY GUARANTEE)**
## **TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2024**
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
## **CONTENTS**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Report of the Trustees|2 - 4|
|Independent Examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 15|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 1
**REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **Trustees/Directors**
The trustees/directors who served during the period from 1 October 2023 to the date of this report were:
**Name Dates acted as a trustee (if not for the whole period)** A.Godden (Chair) A.Green MSc, FIMBS M.Johnson J. Pieterse T. Sayer G Sheppard G. Wareham J Stewart C Taylor D.Ratcliffe (appointed 28.10.23)
## **Registered Office**
The Old Police Post M2 Medway Services Rainham Kent ME8 8PG **Charity number** 1195148
**Registered Company number** 13232156
## **Independent Examiner**
S J Wren FCCA, Accountancy Matters (Kent) Limited The Marlowe Innovation Centre Marlowe Way Ramsgate Kent CT12 6FA
**Bankers**
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 2
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024**
The trustees present their report together with the financial statements of Service by Emergency Response Volunteers SERV (Kent) for the year ended 30 September 2024 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Structure, governance and management**
- a) _Constitution_
- The charity was originally formed as an unincorporated body by a constitution on 18 September 2013. On 1 October 2022, the charity's activities, assets, liabilities and funds were transferred to this company, a company by limited by guarantee, (registered in England & Wales 13232156) Registered Charity, No. 1195148.
The reference and administration information is set out on page 1 of the financial statements.
- b) _Method of appointment or election of trustees_ The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the Articles of Association.
- c) _Policies adopted for the induction and training of trustees_ New trustees are on appointment supplied with copies of all documents necessary and relevant guidance in order for them to understand their role. Trustees are elected from members at the AGM with a view of their providing the charity with a range of skills expedient to setting up, development and management of the running of the charity.
- d) _Organisation structure and decision making_
- The charity has a Board of trustees that meets quarterly to review the charity's operations and to authorise any necessary expenditure or other action. Between Board meetings, necessary decisions taken and actions are delegated to the Management Committee.
- e) _Risk assessment_
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charitable company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Objectives and activities**
The objectives of the charity are the relief of sickness and protection of health through the provision of a courier service to transport blood, samples and other items used for the medical and surgical treatment of patients, for doctors, hospitals and laboratories and to co-operate with the emergency services.
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 3
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **Achievements and performance**
It has continued to be a financially tough climate but with added pressures from a war in Ukraine and the expected further squeeze of incomes, costs of living and in particular fuel and energy costs.
We remain in awe of the many individuals and organisations who continue to support us both financially and with their time, without which we would not be able to operate, and for which we are massively grateful.
The strains of continuing to operate 24/7 have been huge and although we have managed to maintain service the situation remains under review and although it is hoped that we will be able to continue it is possible that we may have to revert to the previous model of out of hours operation.
We have also been able to maintain all other current commitments covering NHS Blood and Blood Products, Samples for Testing, Home Dialysis and Transplant support. Along with our Charitable partners Air Ambulance Kent, Surrey & Sussex, Demelza & Ellenor Hospices and the Human Milk Foundation.
During the year the Charity has responded to 6,713 total journeys, covered 469,805 miles and dedicated 20,773 direct volunteering hours, along with many, many more hours dedicated by our Trustees and Management Committee.
Mainly due to the number of miles covered increasing by over 16% since last year, mileage claims are also higher for the current year, versus previous year.
The Management Committee continues to monitor the mileage claims, and although hope to continue to pay claims, it is subject to review.
During the year, out of necessity, we have made many improvements at HQ. Although this building is leased, it is our responsibility to maintain it.
Works to cut back and remove greenery from behind and alongside the building, partly to make ground safer but to also help alleviate the pest infiltration. From that, work continued in the kitchen and the water heater was replaced.
There has been a general clear out of old and dumped equipment from the garage and the flooring has been replaced. We purchased and had the flooring installed as this gives us a ten-year guarantee. This now provides us with a safe and comfortable space for meetings and training sessions.
The “Transfer App’” is now fully operational and showing huge potential to revolutionise the way that we operate in a paperless environment with many additional features for both tracking and traceability. The work by Chris Taylor in achieving this has been massive and tireless,
## **Future developments**
We are continuing to explore funding, vehicle replacement, enhanced equipment, and training in order to provide the best service possible for our partners.
## **Financial activities**
These are set out in the attached accounts. These show a deficit for the year of £6,442 (2023 - £8,815). As at 30 September 2024, the charity has total reserves of £76,402 to carry forward.
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 4
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **Reserves**
It is the policy of the charity to maintain reserves of six months running expenses as set out in these financial statements.
These reserves have been maintained along with a financial contingency to ensure continuity of premises at £40,000.
It is hoped to be able to increase both contingencies over the coming year in order to match inflationary pressures.
## **Public benefit**
When considering the SERV's activities, the trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.
## **Going concern**
The charity has sufficient funds to enable it to operate for at least 12 months from the date these accounts are approved and hence the accounts are prepared on a going concern basis.
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity Law 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 of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the Board of Trustees on 21 January 2025 and signed on their behalf by:
A. Godden - Chair
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 5
## **INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEEES ON THE UNAUDITED ACCOUNTS OF SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 September 2024 which are set out on pages 6 to 15.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its 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 ('the 2006 Act')
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 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.
## **Independent examiner's statement**
I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is 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 which give me cause to believe that in, any material respect:
- 1 accounting records were not kept inrespect of the Company as required by section 386 of the 2006 Act; or
- 2 the accounts do not accord with the accounting records; or
- 3 the accounts do not comply with the accounting requirements of section 386 of the 2006 Act other than any requirements that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102).
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.
## **S J Wren FCCA**
Accountancy Matters (Kent) Limited The Marlowe Innovation Centre Marlowe Way Ramsgate Kent CT12 6FA
Date : 17 February 2025
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 6
## **STATEMENT OF FINANCIAL ACTIVITIES (incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Notes Unrestricted Designated **
**Fund**
**Fund**
**£**
**£**
**INCOME**
**Income from charitable activities:**
Sale of equipment to members and
other Groups
903
-
**Voluntary income:**
Grant income
2
-
-
Donations
2
80,718
-
**Income from other trading activities**:
Car park hire
3,000
-
Other fundraising income
1,828
-
**Investment income**
3
1,201
-
Funds transferred from unincorporated charity
-
-
**TOTAL INCOME**
87,650
-
**EXPENDITURE**
**Cost of raising funds:**
Fund raising costs
408
-
**Charitable activities:**
Cost of operations
4
89,149
-
Support costs
5
17,911
-
Governance costs
6
1,003
-
**TOTAL EXPENDITURE**
108,471
-
**NET INCOME/(EXPENDITURE) FOR**
(20,821)
-
**THE PERIOD BEFORE TRANSFERS**
Transfers between funds
13
14,754
-
**Total Funds as at 1 October 2023**
38,730
40,000
**TOTAL FUNDS AS AT 30 SEPTEMBER 2024**
32,663
40,000|**Restricted**
**Fund**
**£**
-
-
15,954
-
-
-
-
15,954
-
1,575
-
-
1,575
14,379
(14,754)
4,114
3,739|**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
903
722
-
-
96,672
79,693
3,000
3,000
1,828
4,602
1,201
711
-
91,659
103,604
180,387
408
-
90,724
81,796
17,911
13,862
1,003
1,885
110,046
97,543
(6,442)
82,844
-
-
82,844
-
76,402
82,844|
|---|---|---|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 7
## **BALANCE SHEET AS AT 30 SEPTEMBER 2024**
|**Notes**
**Fixed assets**
Tangible assets
8
**Current assets**
Stocks
Debtors
9
Cash at bank
**Creditors: amounts falling due within**
**one year**
10
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more**
**than one year**
11
**Net assets**
12
**Represented by:**
**Restricted funds**
13
**Unrestricted funds**
General fund
13
Designated fund
13
**Total funds**|**2024**
**£**
18,349
3,331
4,450
55,274
63,055
5,002
58,053
76,402
-
76,402
3,739
32,663
40,000
76,402|**2023**
**£**
26,208
3,687
12,845
43,960|
|---|---|---|
|||60,492|
|||3,856|
|||56,636|
|||82,844
-|
|||82,844|
|||4,114
38,730
40,000|
|||82,844|
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under s.477 Companies Act 2006 and no members have deposited a notice under s.476 requiring an audit.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s.386 of the Act for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the 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 accounts, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Charities SORP FRS 102.
These financial statements were approved for issue by the trustees on 21 January 2025. and signed on their behalf by:
Arthur Godden Chairman **Company registration number- 13232156**
Janet Stewart Treasurer
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 8
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 1 **Accounting policies**
## a) _Basis of preparation of financial statements_
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## b) _Charity structure_
Service By Emergency Response Volunteers SERV (Kent) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## c) _Going concern_
The charity has sufficient funds to enable it to operate for at least 12 months from the date these accounts are approved and hence the accounts are prepared on a going concern basis.
## d) _Fund accounting_
**Unrestricted funds** are available for use at the discretion of the trustees in furtherance of the general objectives of the charitable company and which have not been designated for other **Designated fund** comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of the designated fund is set out in the notes to the financial statements.
**Restricted funds** are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charitable company for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## e) _Income_
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy and its receipt is probable.
Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.
Grants receivable are recognised when there is reasonable assurance of their receipt and where appropriate in the year to which they relate.
Investment income, gains and losses are allocated to the appropriate fund.
Gifts in kind in respect of services donated by volunteers are not recognised in the financial statements, however mileage claims by way of Members using their personal vehicles for the charity's work is being recognised where the Member makes a claim.
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 9
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 1 **Accounting policies (continued)**
## f) _Expenditure_
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. All expenditure excludes attributable VAT is recoverable under S33 of the VAT Act 1994. Where costs cannot be directly attributed to particular activities, they have been allocated on a basis consistent with the use of the resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## g) _Tangible fixed assets and depreciation_
Tangible fixed assets (costing over £500) are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives as follows:
Vehicles 20% straight line Furniture, fittings and equipment 20% straight line
Depreciation is charged once the equipment purchased has been fully received and is operational.
## h) _Stock_
Stock of volunteer clothing and blood boxes is included on the balance sheet and is stated at the lower of cost and net realisable value.
|2
**Voluntary income**
**Unrestricted**
**funds**
**£**
Grants
-
Donations (including Gift Aid)
80,718
80,718|**Restricted**
**funds**
**£**
-
15,954
15,954|**Total**
**Total**
**funds**
**funds**
**2024**
**2023**
**£**
**£**
-
-
96,672
79,693
96,672
79,693|
|---|---|---|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 10
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|3
**Investment income**
**Unrestricted**
**funds**
**£**
Interest receivable
1,201
4
**Costs of running the charity's operations**
Fuel
4,375
Vehicle maintenance
10,088
Vehicle insurance
11,961
Vehicle tracking
550
Vehicle tax
-
Vehicle lease
-
Mileage claims from Members
48,544
Badges
18
Personal protective
equipment (adjusted for stock)
356
Telephone
1,635
Training
215
Depreciation
11,407
Profit on disposal of fixed assets
-
89,149|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
1,575
-
-
-
-
-
-
1,575|**Total**
**funds**
**2024**
**£**
1,201
4,375
10,088
11,961
550
-
-
50,119
18
356
1,635
215
11,407
-
90,724|**Total**
**funds**
**2023**
**£**
711|
|---|---|---|---|
||||3,170
8,451
10,346
367
-
3,042
41,869
19
1,111
1,954
-
11,467
-|
||||81,796|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 11
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|5
**Support costs**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**£**
**£**
**£**
Rent
6,185
-
6,185
Insurance
1,284
-
1,284
Building maintenance
6,332
-
6,332
Waste
410
-
410
Equipment repairs and renewals
199
-
199
Postage
71
-
71
Professional fees
1,304
-
1,304
Subscriptions
62
-
62
Software
267
-
267
Bank charges
127
-
127
Sundry
58
-
58
Depreciation
1,612
-
1,612
Loss on disposal of fixed assets
-
-
-
17,911
-
17,911
6
**Governance costs**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**£**
**£**
**£**
Independent examination
990
-
990
Legal and professional fees
13
-
13
1,003
-
1,003
7
**Trustees remuneration and expenses**
8
**Net income**
**Total**
**funds**
**2024**
**£**
This is stated after charging:
Independent Examiner's remuneration :
Independent Examination fee
990
Preparation of 2022 company accounts
-
No trustee received any remuneration or expenses during the period (2023 : Nil).|**Total**
**funds**
**2023**
**£**
6,500
1,210
2,734
481
583
68
35
512
250
55
385
758
291|
|---|---|
||13,862|
||**Total**
**funds**
**2023**
**£**
950
935|
||1,885|
||**Total**
**funds**
**2023**
**£**
950
400|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 12
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|8
**Tangible Fixed Assets**
**Cost**
As at 1 October 2023
Additions
Disposals
As at 30 September 2024
**Depreciation**
As at 1 October 2023
Charge for the period
Disposals
As at 30 September 2024
**Net book value**
As at 30 September 2024
As at 30 September 2023
9
**Debtors**
Sundry debtors
Prepayments
10
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals|**Vehicles**
**£**
149,026
893
-
149,919
125,555
11,407
-
136,962
12,957
23,471|**Equipment**
**£**
16,769
4,267
(300)
20,736
14,032
1,612
(300)
15,344
5,392
2,737
**2024**
**£**
1,203
3,247
4,450
**2024**
**£**
874
3,138
990
5,002|**Total**
**£**
165,795
5,160
(300)|
|---|---|---|---|
||||170,655|
||||139,587
13,019
(300)|
||||152,306|
||||18,349|
||||26,208|
||||**2023**
**£**
9,739
3,106|
||||12,845|
||||**2023**
**£**
1,051
1,855
950|
||||3,856|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 13
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|11
**Creditors: amounts falling due after more**
**than one year**
Creditors
12
**Analysis of net assets between funds**
**General Designated**
**Funds**
**funds**
**£**
**£**
Tangible fixed assets
18,349
-
Current assets
19,316
40,000
Current liabilities
(5,002)
-
Net assets as at 30 September 2024
32,663
40,000
**Analysis of net assets between funds - Prior year**
**General Designated**
**Funds**
**funds**
**£**
**£**
Tangible fixed assets
26,208
-
Current assets
16,378
40,000
Current liabilities
(3,856)
-
Net assets as at 30 September 2023
38,730
40,000
13
**Movement in funds**
**Balance**
**Incoming**
**Expenses**
**1.10.23**
**resources**
**£**
**£**
**£**
_Restricted funds:_
a Co-op Training
1,132
-
-
b Member Sponsorship
2,982
1,200
(1,575)
c Vehicle purchase
-
11,450
-
d Defibrillators
-
3,304
-
4,114
15,954
(1,575)
_Designated funds_
Headquarters Fund
40,000
-
-
Unrestricted general funds
38,730
87,650
(108,471)
Total funds
82,844
103,604
(110,046)|**2024**
£
-
**Restricted**
**funds**
**£**
-
3,739
-
3,739
**Restricted**
**funds**
**£**
-
4,114
-
4,114
**Transfers**
**£**
-
-
(11,450)
(3,304)
(14,754)
-
14,754
-|**2023**
£
-|
|---|---|---|
|||**Total**
**£**
18,349
63,055
(5,002)|
|||76,402|
|||**Total**
**£**
26,208
60,492
(3,856)|
|||82,844|
|||**Balance at**
**30.9.24**
**£**
1,132
2,607
-
-|
|||3,739
40,000
32,663|
|||76,402|
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 14
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## 13 **Movement in funds Cont'd Restricted funds**
a Co-op Training Fund
This is to finance the training of Volunteers. During the period, training was provided free of charge by qualified members, so the balance of this fund is carried forward to be spent in a future year.
## b Member Sponsorship
This fund represents donations received from organisations to cover the fuels costs for certain individuals/vehicles of the charity.
## c Vehicle purchase
As mentioned in last year's accounts fundraising continued for a vehicle which was purchased in the last financial year . The Medway League of Friends made a donation of £11,450 which covered the remainder of the cost for which funds were not raised last year and the balance was used towards the running costs of vehicles operated by the charity during the year. The transfer of £11,450 relates to a contribution towards the vehicle cost of £5,866 and £5,584 towards the vehicle running costs.
## d Defibrillators
A donation from West Kent Masons to purchase 3 defibrillators. As these have been purchased and treated as fixed assets, the fund balance has been shown as a transfer to unrestricted funds.
## **Designated Fund**
## _**Headquarters Fund**_
The Trustees recognise the importance of the Old Police Post as central to it's operations. The premises are currently occupied under a license granted to them by Moto Hospitality.
The Trustees consider it prudent to earmark some of the charity's reserves to cover any future need to secure premises by way of freehold or leasehold.
## **Movement in funds - prior year**
|_Restricted funds:_
a Co-op Training
b Member Sponsorship
c Vehicle purchase
_Designated funds_
Headquarters Fund
Unrestricted general funds
Total funds|**Funds**
**Introduced**
**£**
1,132
3,199
-
4,331
40,000
47,328
91,659|**Incoming**
**resources**
**£**
-
1,200
3,676
4,876
-
83,852
88,728|**Expenses**
**£**
-
(1,417)
-
(1,417)
-
(96,126)
(97,543)|**Transfers**
**Balance at**
**30.9.23**
**£**
**£**
-
1,132
-
2,982
(3,676)
-
(3,676)
4,114
-
40,000
3,676
38,730
-
82,844|
|---|---|---|---|---|
The funds introduced are the total funds from the unincorporated charity with the same name but with a charity number of 1154270.
**SERVICE BY EMERGENCY RESPONSE VOLUNTEERS SERV (KENT)**
Page 15
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **Movement in funds - prior year**
## **Restricted funds**
## a Co-op Training Fund
This is to finance the training of Volunteers. During the period, training was provided free of charge by qualified members, so the balance of this fund is carried forward to be spent in a future year.
## b Member Sponsorship
This fund represents donations received from organisations to cover the fuels costs for certain individuals/vehicles of the charity.
## c Vehicle purchase
For the last 3 years the charity have had use of a liveried vehicle, a Vauxhall Grandland, the lease of which was kindly paid for by The Surtees Foundation. But, unfortunately, they are no longer able to support this, so as the charity did not wish to lose this valuable resource, known affectionately to the charity as Micmac, the trustees decided to fundraise and purchase the vehicle. The transfer of £3,676 relates to fundraising income received in the year as a contribution towards the vehicle cost of £9,542. Fundraising is ongoing at this point, but the charity are now the proud owners.
## **Designated Fund**
## _**Headquarters Fund**_
The Trustees recognise the importance of the Old Police Post as central to it's operations. The premises are currently occupied under a license granted to them by Moto Hospitality.
The Trustees consider it prudent to earmark some of the charity's reserves to cover any future need to secure premises by way of freehold or leasehold.
## 14 **Members liability**
The company is a company limited by guarantee. Every member of the Charity undertakes to contribute such amount as may be required, not exceeding £10, to the Charity's assets if it should be wound up while they are a member or within one year after they ceased to be a member, for the costs of winding up and for the adjustment of the rights of persons who have contributed to the Charity's assets.
## 15 **Corporation tax**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## 16 **Related party transactions**
During the year under review, there were no related party transactions that need to be reported.