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 2023 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## CONTENTS ||Pages| |---|---| |Legal and administratve details|1| |Trustees’ report|2| |Independent examiner’s report|4| |Statement of fnancial actvites|5| |Balance sheet|6| |Notes to the fnancial 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 2023. 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 2011 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). ## Objectves and actvites 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 £5,828 on charitable activities, of which £5,373 was spent on medical equipment for the unit (2021/22: £44,784), £273 supporting parents (2021/22: £4,298) and £182 on training nursing staff (2021/22: £499). The Charity invested in a range of equipment, including ophthalmoscopes, photography, a new Resusci Baby and cool bags. 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 While income continued to remain lower than pre-Covid, the Charity has again seen improvement in its fundraising this year, including through the production of a cookbook, supported by submission of recipes from parents and staff, to celebrate the Queen’s Platinum Jubilee in 2022, which has raised nearly £2,000. Other income was received in the form of a legacy of over £30,000, which was kindly received. A grant of £2,600 was also received from St James’s Place. We have continued to receive some excellent support from local businesses and organisations throughout the year including Tewkesbury Borough Council. We would also like to thank the many individuals who have fundraised for and donated to Scoo-B-Doo. 2 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## TRUSTEES’ REPORT (contnued) Income for the year from fundraising activities, donations, legacies and grants was £67,653 (2021/22: £58,574). The Charity produced an unrestricted surplus of £63,418 this year (2021/22: £6,398), leaving unrestricted funds of £342,036 at 28 February 2023 (2021/22: £278,618), which is in cash and fixed term deposits at year end. The restricted fund in relation to the SHED (Support and Help for Every Dad) group had a balance of £3,257 at the end of the year (2021/22: £3,257). ## 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. Reserves held at the end of the year amounted to £342,293 of unrestricted cash (see Note 11). ## Risk factors and other maters 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 beneft 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 15 January 2024 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 2023. ## Responsibilites 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 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. Kirsty Stratford 39 Severn Avenue Swindon SN25 3LL 15 January 2024 4 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 28[TH] FEBRUARY 2023 ||||2022/23||2021/22| |---|---|---|---|---|---| |||Unrestricted
Funds|Restricted
Funds|Total|Total| ||Notes|£|£|£|£| |Incoming resources from|||||| |generated funds|||||| |Donatons, grants and legacies|2|67,653|-|67,653|58,574| |Other trading actvites|3|2,107|-|2,107|-| |Investments|4|1,566|-|1,566|94| |Total incoming resources||71,326|-|71,326|58,668| |Resources expended|||||| |Raising funds|6|(2,080)|-|(2,080)|(1,439)| |Charitable actvites|7|(5,828)|-|(5,828)|(49,581)| |Total resources expended||(7,908)|-|(7,908)|(51,020)| |Net income/(expenditure) for|||||| |the year|||||| |Net movement in funds||63,418|-|63,418|7,648| |Fund balances at 1 March||278,618|3,257|281,875|274,227| |Fund balances at 28 Feb|11,12|342,036|3,257|345,293|281,875| All income and expenditure derive from continuing activities. 5 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## BALANCE SHEET AS AT 28[TH] FEBRUARY 2023 |||2023|2022| |---|---|---|---| ||Notes|£|£| |Current assets|||| |Debtors|8|609|317| |Current asset investments|9|100,000|-| |Cash at bank and in hand||245,550|282,223| |Current liabilites|||| |Creditors|10|(866)|(666)| |Net current assets||345,293|281,875| |Income funds|||| |Unrestricted funds|11|342,036|278,618| |Restricted funds|11,12|3,257|3,257| |Total funds||345,293|281,875| The accounts set out on pages 7 to 13 for the financial year ended 28[th] February 2023 were approved and authorised for issue by the Trustees on 15 January 2024 and are signed on its behalf by: Dr Miles Wagstaff 15 January 2024 6 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28[TH] FEBRUARY 2023 ## 1 – Accountng Policies ## a) Basis of preparation - The financial statements have been prepared in accordance with the Charity’s governing document, the Charities Act 2011 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 2023 (contnued) ## 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 2023 (contnued) ## 2 – Donatons, Grants and Legacies |Donatons and Gifs
Grants
Legacies
Gif Aid
Donatons and Gifs
Gif Aid|2022/23
Unrestricted Funds
Restricted Funds
Total
£
£
£
31,787
-
31,787
2,600
-
2,600
31,020
-
31,020
2,246
-
2,246| |---|---| ||67,653
-
67,653
2021/22
Unrestricted Funds
Restricted
Funds
Total
£
£
£
53,445
1,250
54,695
3,875
-
3,875
57,320
1,250
58,570| ## 3 – Other trading actvites |Jubilee
Cookbook
Other actvites|2022/23
Unrestricted Funds
Restricted Funds
Total
£
£
£
1,997
-
1,997
110
-
110| |---|---| ||2,107
-
2,107| There was no income classified as “Other trading activities” in the prior year. 9 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023 (contnued) ## 4 – Investments |||2022/23|||2021/22|| |---|---|---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds||Total|Total|| ||£|£||£|£|| |Interest receivable|1,566||-|1,566||94| All balances in the prior year related to unrestricted funds. ## 5 – Apportonment of Support Costs Total support costs of £1,402 incurred in the year (2021/22: £373) have been apportioned as shown in the table below. These costs relate to website development and logo design (£864, 2021/22, £nil), insurance (£336, 2021/22: £314) and website hosting charges (£75, 2021/22: £nil). |2022/23
Unrestricted funds
Raising Funds
Charitable Actvites
ere were no support
2021/22
Unrestricted funds
Raising Funds
Charitable Actvites|Fundraising
fees
Staging
fundraising
events
Purchase
of medical
equipment
Training
of
nursing
staf
Supportng
parents
Total
£
£
£
£
£
£
183
186
-
-
-
369
953
32
48
1,033| |---|---| ||183
186
953
32
48
1,402
costs in respect of restricted funds.
Fundraising
fees
Staging
fundraising
events
Purchase of
medical
equipment
Training
of
nursing
staf
Supportng
parents
Total
£
£
£
£
£
£
10
-
-
-
-
10
-
-
328
4
31
363| ||10
-
328
4
31
373| There were no support costs in respect of restricted funds. There were no support costs in respect of restricted funds. 10 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023 (contnued) ## 6 – Raising Funds |Fundraising fees
Staging fundraising
events
Support costs
Fundraising fees
Staging fundraising events
Support costs|2022/23
Direct costs
Allocaton of support costs
Total
£
£
£
850
183
1,033
861
186
1,047
369
(369)
-| |---|---| ||2,080
-
2,080
2021/22
Direct costs
Allocaton of support costs
Total
£
£
£
1,413
10
1,423
16
-
16
10
(10)
-
1,439
-
1,439| There was no expenditure on restricted funds during the year (2021/22: £nil). ## 7 – Charitable Actvites |Purchase of medical equipment
Training of nursing staf
Supportng parents
Support costs|2022/23
Direct costs
Allocaton of support costs
Total
£
£
£
4,420
953
5,373
150
32
182
225
48
273
1,033
(1,033)
-| |---|---| ||5,828
-
5,828| 11 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023 (contnued) ## 7 – Charitable Actvites (contnued) |Purchase of medical
equipment
Training of nursing staf
Supportng parents
Support costs|2021/22
Direct costs
Allocaton of support costs
Total
£
£
£
44,456
328
44,784
495
4
499
4,267
31
4,298
363
(363)
-| |---|---| ||49,581
-
49,581| There was no expenditure on restricted funds during the year (2021/22: £nil). ## 8 – Debtors |Trade debtors
Accrued income|2023
2022
£
£
80
-
529
317| |---|---| ||609
317| ## 9 – Current asset investments £100,000 (2021: £nil) of the charity’s funds were invested with Lloyd’s Bank on a 367-day fixed deposit accounting, maturing on 6 November 2023. This related solely to unrestricted funds. ## 10 – Creditors |Trade creditors
Accruals|2023
2022
£
£
866
66
-
600| |---|---| ||866
666| 12 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 13 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023 (contnued) ## 11 – Reconciliaton of funds 2022/23 |Debtors
Current asset
investments
Creditors
Cash at bank and in hand|Unrestricted Funds
Restricted Funds
Total
£
£
£
609
-
609
100,000
-
100,000
(866)
-
(866)
242,293
3,257
245,550| |---|---| ||342,036
3,257
345,293| ## 2021/22 |Debtors
Creditors
Cash at bank and in
hand|Unrestricted Funds
Restricted Funds
Total
£
£
£
317
-
317
(666)
-
(666)
278,967
3,257
282,224| |---|---| ||278,618
3,257
281,875| ## 12– Restricted funds The restricted funds relate solely to amounts raised for and expended on SHED (Support and Help for Every Dad). ## 13 –Remuneraton 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. ## 14 – Related partes Matt Ulyatt donated £360 to the charity during the year (2021/22: £360). ## 15 – Events afer the end of the reportng period There are no adjusting or non-adjusting events to report. 14