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2024-06-30-accounts

DUDI, Dannu aJD Donnu fjGT BUSU! ,+++i Annual Report January 2023- June 2024 oUDlliGS Registered Charlty number: 1201565 nthg Kl uslness

Every child deserves the chance to experience the joys of a healthy, wholesome childhood.

At Busy Buddies, we believe that in a supportive environment, every individual can grow, achieve greatness, and become a giver.

This belief lies at the heart of everything we do.

Busy Buddies was founded by parents within our community who recognised the barriers holding children and families back from reaching their potential. In response, we created a safe, supportive environment where young people can build skills, resilience, and friendships — and where families can find practical support and encouragement.

In our first year, we have made a real, measurable impact with:

73 children from 58 families

Over 200 one-to-one therapy sessions 22 parent support groups More than 500 hours of group activities

These numbers represent hundreds of moments of growth, belonging, and hope.

To reflect the spirit of our work, much of this report is presented in a playful, comic-style format, following the characters of Dudi, Danny, and Donny — each representing real challenges and triumphs experienced by the children we serve.

We extend heartfelt thanks to our dedicated volunteers, generous donors, and loyal supporters, whose time, resources, and belief in our mission have made these achievements possible.

Looking ahead, we aim to expand our team, train additional volunteers, and grow our range of activities and therapies in direct response to the needs and aspirations of our children and families.

Thank you for being part of the Busy Buddies journey.

E. Grinfeld

Welcome! We're exclted to share Busy Buddles, very flrst year In actlon. Take a peek. sense the transformatlon, and feel the Impact. You might Just flnd yourself smlllng along the way. because really. who doesn't love watchlng chlldren thrlve? We certalnly do! E. Grlnf eld Chalr of Trustees every 9retht @)EoE80(AJ PfiA& Is! TO Keeping chlldren busy Isn't Just about f Illlng tlme. It's about sparklng young mlnds and hearts wlth actlvltles that bulld frlendshlps. grow confldence. and make klds feel good about themselvesl Whether you've landed here as a volunteer. communlty member. or generous supporter. thl story Is yours! Pat yourself on the back and take prlde In our young buddles, progress- In Incluslon. frlendshlp. and confldence. They feel It. because you feel for them. Kudos to you!

Meet Dudi. Donny and Danny Fictitlous characters Real challenges I love my big family! There's always someone to play wlth. but sometlmes. l Just wlsh I had space to develop my hobbles. VA My mum works so hard, and I try to help But sometlmes. I wlsh there was tlme Just to be a kld 04wp4Y Maklng frlends Isn't easy I get nervous and never know what to say l Just want to flt In Some chlldren. Jusr.Feel.Stuck. Day-to-day life Is okay.'Ish. They manage. somewhat. They get by. somehow. They can survlve. But how wlll they t￿￿1ve?

Chlldren can survlve In all klnds of places. But thrlvlng? That takes Intentlon. It begins In a space designed not Just for safety. but for connectlon where chlldren feel seen. valued. and free to grow In ways that honour who they are and where they come from. That's why Busy Buddles was founded by the people who understood what was mlsslng Parents from the communlty who Imagined somethlng better - bullt It wlth care Then they spread the word. so the children who needed It most would know they belonged. Mum always helps me. Maybe thls place could support us both?! Hey.. school notlced me. And they found a place to help This looks Ilke the klnd of place wlth room for my Ideas And my messl ODIOS vislon,, A Joyful chfidhood that builds confidence, connection. and the Inner strength Ildren need to thrlve Referr￿ form Pupll- Dthnny Could beneflt from- speech therapy and social groups Referred by- ny's school safe spoces to conneci Ernpovi bththng sklls and confOence ortwe pr8cticol and ernorioDalhelp 1rtnsforniotl¥¢ sff)dl ch8ntJes. bIg￿P￿ct Our values are reflected In everythlng we do.. Responslblllty- every 'buddy' has somethlng to give Incluslon- no 'buddy' gets left out Growth- every 'buddy' can learn and thrlve

As more famllles found thelr way In. the work began to take shape slowly sortlng Itself Into three klnds of support. each one meetlng a dlfferent klnd of need. Group Actlvltes What you try ths week? lin bvin9 the Tx*>lk speakkng d I show¢d the other btsys to do cool stuff with the ovdntbTU5hesl There's hjn. and I get to try loads of new Buddy Bullders Is where chlldren make frlends. try new thlngs. and dlscover what they're good at together. Welcome to C￿￿,$ Pt%nt Sl￿WI Idth't ietAtse how much I neede talk Parent Support I fed ¥tAldoted ond I've ￿0M¢d some sreot tpsl Buddy Power Is where parents connect. share. and get the support they need to bulld calmer. stronger homes. Individual therapy/support TNsfedsdltteient Irom school I don'i toNde W￿lIf￿)d Td Buddy end Soul Is where chlldren get one-to-one help therapy. and learnlng support- to grow Into thelr best selves.

The best Ideas come from the knslde. Thls Is what our klds and famllles had to say. What worked , 8¥ for you What would make It even better? FAIIWV I￿￿r01￿ I10T14￿$ 14&qs g, taSLt4 k￿9 We're the characters In the story You are the ones behlnd Itl Thank YOU. ,+++i Yesterday. today. and tomorrow: all made posslble by the generoslty of people Ilke you. At Busy Buddles. every blt of support creates real change for chlldren Ike Dudl. Donny. and Danny ond for the famllles who count on us. Together. we've made somethlng speclal... and wlth your help. we can me&e It even better.

BUSY BUDDIES

TRUSTEES' ANNUAL REPORT

Period from 12 January 2023 to 30 June 2024

The trustees present their report and the unaudited financial statements of the charity for the period ended 30 June 2024.

Reference and administrative details

Registered charity name Busy Buddies Charity registration number 1201565 Principal office 36 Tetlow Lane Salford M7 4BR

The trustees

E B Grinfeld

M F Meyerowitz I Fried M Bard

(Appointed 12 January 2023) (Served from 23 November 2023 to 1 November 2024) (Appointed 12 January 2023) (Appointed 1 November 2024)

Independent examiner

Mr Howard Schwalbe ACA 2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

STRUCTURE, GOVERNANCE AND MANAGEMENT

Busy Buddies is a CIO and is governed by its constitution. It was registered as a charity on 12 January 2023 with a charity number being 1201565.

Recruitment and appointment of new trustees would be in line with the constitution and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.

TRUSTEE INDUCTION AND TRAINING

New trustees undergo an orientation day to brief them on their legal obligations under the Charities Act, the committee, decision-making processes, the business plan and the recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

ORGANISATIONAL MANAGEMENT

The trustees of the charity are legally responsible for the overall management and control of the charity and meet regularly. The day-to-day affairs are managed by the trustees, who oversee the governance and management of the charity.

RISK REVIEW

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.

The major risks are financial, and the trustees plan to manage these risks by having appropriate

insurances, as well as ensuring regular income from grant-making authorities, as well as donations from the public at large.

OBJECTIVES AND ACTIVITIES

The objects of the charity are:

To act as a resource for young people up to the age of 16 living in Manchester by providing advice and Assistance and organising programmes of physical, educational and other activities as a means of: advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; advancing education; providing recreational and leisure time activities in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

PUBLIC BENEFIT

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit, and in particular, to its supplementary public benefit guidance on advancing education when reviewing the charity's aims and objectives, and in planning future activities and setting grant-making policy for the year.

The application of the funds is usually by way of direct activities in line with the objects of the charity.

The trustees consider the shorter-term aims to be similar to the longer-term aims and assess the achievement of the charity in the same way.

ACHIEVEMENTS AND PERFORMANCE

The charity received £31,436 in donations during the period.

The charity paid out £29,984 on direct charitable activities and support costs.

The trustees consider that the above expenditure is in line with the objects of the charity.

The charity has governance costs that comprise professional fees.

The trustees wish to express their appreciation to the donors whose donations made these activities possible.

There were no charitable grants paid out in the period.

There were no material fundraising costs in the period.

The split between restricted and unrestricted funds is as disclosed on the face of the SOFA.

There was an overall net income and net movement in funds for the year amounting to £1,461, of which £1,171 relates to the unrestricted fund, and £290 relates to the restricted fund.

FINANCIAL REVIEW

RESERVES POLICY

In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.

The trustees are satisfied that the balance of the fund is an acceptable level of reserves given the nature of revenue receipts against grants payable.

The free reserves, represented by the net current assets of the charity, stand at £1,461. £1,171 relates to the unrestricted fund and £290 relates to the restricted fund.

The trustees' annual report was approved on 25 April 2025 and signed on behalf of the board of trustees by:

E B Grinfeld

Trustee

BUSY BUDDIES

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUSY BUDDIES

Period from 12 January 2023 to 30 June 2024

I report to the trustees on my examination of the financial statements of Busy Buddies ('the charity') for the period ended 30 June 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 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

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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements 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.

Mr Howard Schwalbe ACA

Independent Examiner

2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

25 April 2025

STATEMENT OF FINANCIAL ACTIVITIES

Period from 12 January 2023 to 30 June 2024

Period from 12 Jan 23 to 30 Jun 24 12 Jan 23 to 30 Jun 24
Unrestricted Restricted
funds fundsTotal funds
Note £ £ £
Income and endowments
Donations and legacies
Investment income
4
5
28,436
9
3,000
31,436
9
Total income -----------------
28,445
--------------
3,000
-----------------
31,445
========= ======== =========
Expenditure
Expenditure on charitable activities 6,7 27,274 2,710 29,984
----------------- --------------- ------------------
Total expenditure 27,274
=========
2,710
=========
29,984
=========
-------------- ---------------- -------------------
Net income and net movement in funds 1,171
=========
290
=========
1,461
=========
Reconciliation of funds
Total funds brought forward
Total funds carried forward --------------
1,171
----------------
290
1,461
--------------
========= ========= =========

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 7 to 12 form part of these financial statements.

BUSY BUDDIES

STATEMENT OF FINANCIAL POSITION

30 June 2024

30 Jun 24
Note £
Current assets
Stocks 12 261
Debtors 13 1,297
Cash at bank and in hand 1,268
--------------
2,826
Creditors: amounts falling due within one year 14 1,365
--------------
Net current assets 1,461
--------------
Total assets less current liabilities 1,461
--------------
Net assets 1,461
========
Funds of the charity
Restricted funds 290
Unrestricted funds 1,171
--------------
Total charity funds 15 ========
1,461

These financial statements were approved by the board of trustees and authorised for issue on 25 April 2025, and are signed on behalf of the board by:

E B Grinfeld Trustee

The notes on pages 7 to 12 form part of these financial statements.

BUSY BUDDIES

NOTES TO THE FINANCIAL STATEMENTS

Period from 12 January 2023 to 30 June 2024

1. GENERAL INFORMATION

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 36 Tetlow Lane, Salford, M7 4BR.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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 (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates and assumptions that affect the amounts reported.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

BUSY BUDDIES

NOTES TO THE FINANCIAL STATEMENTS

3. ACCOUNTING POLICIES (CONTINUED)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

BUSY BUDDIES

NOTES TO THE FINANCIAL STATEMENTS

3. ACCOUNTING POLICIES (CONTINUED)

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

DONATIONS AND LEGACIES

4.

Unrestricted Restricted Total Funds
Funds Funds 2024
Donations £ £ £
Donations 28,436 3,000 31,436
===== ==== =====

BUSY BUDDIES NOTES TO THE FINANCIAL STATEMENTS

5. INVESTMENT INCOME

5. INVESTMENT INCOME
Unrestricted Total Funds
Funds 2024
£ £
Bank interest receivable 9 9
=== ===
6. EXPENDITURE ON CHARITABLE
ACTIVITIES BY FUND TYPE Unrestricted Restricted Total Funds
Funds
£
Funds
£
2024
£
Charitable activities 25,978 2,710 28,688
Support costs 1,296 1,296
--------- -------- ----------
27,274 2,710 29,984
===== ==== =====
7. EXPENDITURE ON CHARITABLE
ACTIVITIES BY ACTIVITY TYPE Activities
undertaken Support Total
directly
£
costs
£
funds 2024
£
Charitable activities 28,688 576 29,264
Governance costs 720 720
----------
--------
--------
28,688 1,296 29,984
===== ==== =====
8. ANALYSIS OF SUPPORT COSTS
Analysis of
support costs Total 2024
=
£
£
General office 576 576
Governance costs 720 720
--------
-------
1,296 1,296
===== =====
9. INDEPENDENT EXAMINATION FEES
Period from
=
12 Jan 23 to
30 Jun 24
Fees payable to the independent examiner for: £
Independent examination of the financial statements 720

10. STAFF COSTS

The average head count of employees during the period was Nil.

BUSY BUDDIES

NOTES TO THE FINANCIAL STATEMENTS

10. STAFF COSTS (CONTINUED)

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

11. TRUSTEE REMUNERATION AND EXPENSES

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.


received by the trustees.
12. STOCKS 30 Jun 24
£
Stationery and craft supplies 261
===
13. DEBTORS
30 Jun 24
Other debtors £
1,297
====
14. CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR 30 Jun 24
£
Trade creditors 645
Accruals and deferred income 720
------------
--
15. ANALYSIS OF CHARITABLE FUNDS 1,365
======
Unrestricted funds At
12 January
2023
Income Expenditure At
30 June
2024
General funds £
£
28,445
£
(27,274)
£
1,171
=== ===== ===== ====
Restricted funds At At
12 January 30 June
2023 Income Expenditure 2024
£ £ £ £
Restricted Fund 3,000 (2,710) 290
=== ===== ===== ====

16.

BUSY BUDDIES

NOTES TO THE FINANCIAL STATEMENTS

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Current assets 2,536 290 2,826
=
Creditors less than 1 year (1,365) (1,365)
---------- ------ ----------
Net assets 1,171 290 1,461
===== === =====

18. RELATED PARTIES

There were no related party transactions during the period.

19. TAXATION

Busy Buddies is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.