**SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **SCOO‐B‐DOO SOCIETY FOR BABY CARE** **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28[TH] FEBRUARY 2021** **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **CONTENTS** ||**Pages**| |---|---| |Legal and administrative details|1| |Trustees’ report|2| |Independent examiner’s report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7| **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **LEGAL AND ADMINISTRATIVE DETAILS** ## Legal Status The Charity is governed by a Trust Deed dated 10[th] March 1983. ## Trustees Dr Miles Wagstaff Chair Dr Jennifer Holman Danny Sparkes Karen Tomasino Matt Ulyatt ## Principal Address Neonatal Unit Gloucestershire Royal Hospital Great Western Road Gloucester GL1 3NN ## Bankers Lloyds Bank plc 19 Eastgate Street Gloucester GL1 1NU 1 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **TRUSTEES’ REPORT** The Trustees of Scoo‐B‐Doo Society for Benefit of the Special Babycare Unit of the Gloucester Royal Hospital (known as Scoo‐B‐Doo Society for Baby Care and referred to hereinafter as “the Charity”) present their report and the financial statements for the year ended 28 February 2021. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the financial statements and comply with the Charity’s governing document, the Charities Act 2016 and “Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). ## Objectives and activities The Society operates on a voluntary basis to raise funds to help finance the provision of specialist equipment and promoting the welfare of staff and patients at the Neonatal Unit at Gloucestershire Royal Hospital, Great Western Road, Gloucester, GL1 3NN. During the year, the Charity has spent £136,093 on charitable activities, of which £127,117 was spent on medical equipment for the unit (2019/20: £43,015), £8,846 supporting parents (2019/20: £12,536) and £130 on training nursing staff (2019/20: £4,132). The Charity invested in new ventilators and a neonatal ultrasound for use on the unit, as well as further enhancing facilities in the breast‐feeding room. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. The Charity has not employed any professional fundraisers or collaborated with any commercial partners during the year. No complaints have been received by the Charity in relation to fundraising activities. ## Financial review The 2020/21 financial year was obviously significantly affected by Covid‐19, with the ability to fundraise using traditional routes considerably curtailed. The Trustees would like to extend our thanks to all those who did raise funds for the Charity through an exceptionally difficult year. In addition, we were especially pleased to be able to continue to provide new equipment to the unit in the year. Income for the year from fundraising activities and donations was £47,326 (2019/20: £83,524). The Charity produced an unrestricted deficit of £90,091 this year (2019/20: surplus of £20,181), leaving unrestricted funds of £272,220 at 28 February 2021 (2019/20: £362,311), which is largely held in cash. The restricted fund in relation to the SHED (Support and Help for Every Dad) group had a balance of £2,007 at the end of the year (2019/20: £2,007). 2 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **TRUSTEES’ REPORT (continued)** ## Reserves policies It is the policy of the Charity that unrestricted funds which have not been designated should be maintained at a level equivalent to between three and six months’ expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year, while we encountered a drop of 43% in fundraised income as a result of Covid‐19. Reserves held at the end of the year amounted to £276,009 of unrestricted cash (see Note 9). ## Risk factors and other matters The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. New Trustees are sought where a need is identified (e.g. if a particular desired skill is required which existing Trustees do not possess, such as legal or financial expertise) or where existing Trustees wish to stand down. ## Public benefit statement The Trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities for the year. The Trustees’ Report was approved by the Board of Trustees. Dr Miles Wagstaff 13 September 2021 3 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SCOO‐B‐DOO SOCIETY FOR BABY CARE** I report to the Trustees on my examination of the financial statements of Scoo‐B‐Doo Society for Baby Care (“the Charity”) for the year ended 28 February 2021. ## **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 Trust’s accounts 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 which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts did not accord with the accounting records; or - the accounts did 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. Neil Anyon ACA 17 Longfellow Close Swindon SN25 4GS 13 September 2021 4 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 28[TH] FEBRUARY 2021** ||||**2020/21**||2019/20| |---|---|---|---|---|---| |||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**|Total| ||**Notes**|**£**|**£**|**£**|£| |**Incoming resources from**|||||| |**generated funds**|||||| |Donations and legacies|2|47,326|‐|47,326|83,524| |Investments|3|194|‐|194|622| |**Total incoming resources**||**47,520**|**‐**|**47,520**|84,146| |**Resources expended**|||||| |Raising funds|5|(1,518)|‐|(1,518)|(2,275)| |Charitable activities|6|(136,093)|‐|(136,093)|(59,683)| |**Total resources expended**||**(137,611)**|**‐**|**(137,611)**|(61,958)| |**_Net income for the year_**|||||| |**Net movement in funds**||**(90,091)**|**‐**|**(90,091)**|22,188| |Fund balances at 1 March||362,311|2,007|364,318|342,130| |**Fund balances at 28/29 Feb**|9,10|**272,220**|**2,007**|**274,227**|364,318| All income and expenditure derive from continuing activities. 5 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **BALANCE SHEET AS AT 28[TH] FEBRUARY 2021** |||**2021**|**2020**| |---|---|---|---| ||**Notes**|**£**|**£**| |**Current assets**|||| |Debtors|7|527|1,672| |Cash at bank and in hand||278,016|362,646| |**Current liabilities**|||| |Creditors|8|(4,316)|‐| |**Net current assets**||**274,227**|**364,318**| |**Income funds**|||| |Unrestricted funds|9|272,220|362,311| |Restricted funds|9,10|2,007|2,007| |**Total funds**||**274,227**|**364,318**| The accounts set out on pages 7 to 13 for the financial year ended 28[th] February 2021 were approved and authorised for issue by the Trustees on 13 September 2021 and are signed on its behalf by: Dr Miles Wagstaff 13 September 2021 6 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28[TH] FEBRUARY 2021** ## **1 – Accounting Policies** ## a) Basis of preparation The financial statements have been prepared in accordance with the Charity’s governing document, the Charities Act 2016 and “Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provision in the SORP for charities applying FRS 102 Update Bulletin 1, not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. ## b) Going concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for at least the following twelve months. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## c) Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are donations (plus any related gift aid) or grants which the donor has specified are to be solely used for particular purposes and/or at particular times. Costs charged to restricted funds relate to activities undertaken to further the specific charitable purposes the fund was established to support. These costs include both direct and support costs associated with the activities undertaken by the restricted fund. Support costs which can be so associated have been apportioned as set out in note 1f). 7 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2021 (continued)** ## d) Incoming resources Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably and it is probable that income will be received. Cash donations are recognised on receipt. Donations through a third‐party platform are recognised at the date of the donation. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Gift Aid in relation to donations received is recognised at the time of the donation if a donor declaration has been appropriately completed. Legacies are recognised on receipt or, if the Charity has been notified of an impending distribution, the amount is known and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## e) Resources expended Expenditure is accounted for on accruals basis and has been classified under headings that aggregate all costs related to each category of expense shown in the Statement of Financial Activities. The charity is not registered for VAT as non‐exempt income received is below the registration threshold. As a result, all expenditure is inclusive of input VAT incurred. ## f) Allocation of support costs Support costs have been apportioned between activities on the basis of level of expenditure in each activity. ## g) Debtors Debtors are recognised at the settlement amount due after any trade discount. ## h) Cash at bank and in hand Cash at bank and in hand includes cash in hand, deposits held at call with banks, other short‐term liquid investments with original maturities of three months or less. ## i) Creditors Creditors are recognised where the Charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. ## j) Financial instruments The Charity only holds basic financial instruments that are valued at amortised cost. ## k) Critical accounting estimates and judgements There are no critical estimates or judgements affecting these financial statements. 8 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28[TH] FEBRUARY 2021 (continued)** ## **2 – Donations and Legacies** |Donations and Gifts
Gift Aid
Donations and Gifts
Gift Aid|**2020/21**
**Unrestricted Funds Restricted Funds**
**Total**
**£**
**£**
**£**
45,596
‐
**45,596**
1,730
‐
**1,730**| |---|---| ||**47,326**
**‐**
**47,326**
2019/20
Unrestricted Funds Restricted Funds
Total
£
£
£
74,465
2,434 76,899
6,318
307
6,625
80,783
2,741 83,524| ## **3 – Investments** |||**2020/21**||2019/20| |---|---|---|---|---| ||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**|Total| ||**£**|**£**|**£**|£| |Interest receivable|194|‐|**194**|622| All balances in the prior year related to unrestricted funds. 9 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **4 – Apportionment of Support Costs** Total support costs of £349 incurred in the year (2019/20: £293) have been apportioned as shown in the table below. These costs relate to insurance (£294, 2019/20: £250) and website hosting charges. |**2020/21**
**Unrestricted funds**
Raising Funds
Charitable Activities
**Restricted funds**
Raising Funds
Charitable Activities
2019/20
**Unrestricted funds**
Raising Funds
Charitable Activities
**Restricted funds**
Raising Funds
Charitable Activities|**Fundraising**
**fees**
**Staging**
**fundraising**
**events**
**Purchase**
**of medical**
**equipment**
**Training**
**of**
**nursing**
**staff**
**Supporting**
**parents**
**Total**
**£**
**£**
**£**
£
£
£
3
1
‐
‐
‐
**4**
‐
‐
323
‐
22
**345**
‐
‐
‐
‐
‐
**‐**
‐
‐
‐
‐
‐
**‐**| |---|---| ||**3**
**1**
**323**
**‐**
**22**
**349**
Fundraising
fees
Staging
fundraising
events
Purchase of
medical
equipment
Training
of
nursing
staff
Supporting
parents
Total
**£**
**£**
**£**
£
£
£
9
1
‐
‐
‐
10
‐
‐
204
17
59
280
‐
1
‐
‐
‐
1
‐
‐
‐
2
‐
2| ||9
2
204
19
59
293| 10 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **5 – Raising Funds** ## **2020/21** ||**2020/21**| |---|---| |Fundraising fees
Staging fundraising events
Fundraising fees
Staging fundraising events|**Unrestricted Funds Restricted Funds**
**Total**
**£**
**£**
**£**
1,056
‐
**1,056**
462
‐
**462**| ||**1,518**
**‐**
**1,518**
2019/20
Unrestricted Funds Restricted Funds
Total
£
£
£
1,936
‐ 1,936
115
224
339
2,051
224 2,275| ## **6 – Charitable Activities** |Purchase of medical equipment
Training of nursing staff
Supporting parents|**2020/21**
**Unrestricted Funds Restricted Funds**
**Total**
**£**
**£**
**£**
127,117
‐
**127,117**
130
‐
**130**
8,846
‐
**8,846**| |---|---| ||**136,093**
**‐**
**136,093**| |Purchase of medical equipment
Training of nursing staff
Supporting parents|2019/20
Unrestricted Funds Restricted Funds
Total
£
£
£
43,015
‐ 43,015
3,622
510
4,132
12,536
‐ 12,536| |---|---| ||59,173
510 59,683| 11 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **7 – Debtors** **2021** **Unrestricted Funds Restricted Funds Total £ £ £** Accrued income 527 ‐ **527** 2020 Unrestricted Funds Restricted Funds Total £ £ £ Accrued income 1,547 125 1,672 ## **8 – Creditors** |Trade creditors
Accruals|**2021**
**Unrestricted Funds Restricted Funds**
**Total**
**£**
**£**
**£**
116
‐
**116**
4,200
‐**4,200**| |---|---| ||**4,316**
**‐ 4,316**| There were no creditors in the prior year. 12 **SCOO‐B‐DOO SOCIETY FOR BABY CARE** 286167 ## **9 – Reconciliation of funds** |Debtors
Creditors
Cash at bank and in hand
Debtors
Cash at bank and in hand|**2020/21**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**£**
**£**
**£**
527
‐
527
(4,316)
‐
(4,316)
276,009
2,007
278,016| |---|---| ||**272,220**
**2,007**
**274,227**
2019/20
Unrestricted
Funds
Restricted
Funds
Total
£
£
£
1,547
125
1,672
360,764
1,882
362,646| ||362,311
2,007
364,318| ## **10 – Restricted funds** The restricted funds relate solely to amounts raised for and expended on SHED (Support and Help for Every Dad). ## **11 –Remuneration and expenses** None of the Trustees have been paid any remuneration or received any other benefits from employment with the Charity or any other related entity. No Trustee expenses have been incurred and the Charity has no employees. ## **12 – Related parties** There are no related party transactions in the year. ## **13 – Events after the end of the reporting period** There are no adjusting or non‐adjusting events to report. 13