**SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **SCOO-B-DOO SOCIETY FOR BABY CARE** **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29[TH] FEBRUARY 2024** **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 29 February 2024. 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 2019). ## 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. This year represented the 40[th] year since the formation of Scoo-B-Doo, and a number of activities took place during the year, including partnering with a number of local organisations who have provided financial support to the Charity during the course of the year. The support we have received during this year, and the preceding 39 years, has enabled us to invest a considerable sum this year in equipment to support the work of the Neonatal Unit. We have spent £74,719 on charitable activities (2022/23: £5,828), of which £68,398 was spent on medical equipment for the unit (2022/23: £5,373), £5,740 supporting parents (2022/23: £273) and £581 on training nursing staff (2022/23: £182). The equipment we purchased this year included incubators, resuscitaires and oxygen blenders all of which is critical in the work of the Unit. 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 It has been an exciting year of activity in celebrating the 40[th] anniversary of the Charity and we have seen several fundraising events take place around the county, which has supplemented our donations and gifts, which have remained relatively stable from the prior year. We have again received excellent support from local businesses and organisations as well as many individuals, families and friends who have fundraised for and donated to Scoo-B-Doo. 2 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **TRUSTEES’ REPORT (continued)** Income for the year from fundraising activities, donations, legacies and grants was £33,469 (2022/23: £67,653). The Charity produced an unrestricted deficit of £30,774 this year (2022/23: surplus of £63,418), leaving unrestricted funds of £311,262 at 29 February 2024 (2022/23: £342,036), which is in cash and fixed term deposits at year end. The restricted funds in relation to the SHED (Support and Help for Every Dad) and HOPE groups had a balance of £3,397 at the end of the year (2022/23: £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 £314,153 of unrestricted cash and current asset investments (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 04 March 2025 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 29 February 2024. ## **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 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. Peter Robinson, FCPFA, MBA 2 Tamarisk Mews Quedgeley Gloucester GL2 4GE 23 February 2025 4 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 29[TH] FEBRUARY 2024** ||||**2023/24**||2022/23| |---|---|---|---|---|---| |||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**|Total| ||**Notes**|**£**|**£**|**£**|£| |**Incoming resources from**|||||| |**generated funds**|||||| |Donatons, grants and legacies|2|33,469|140|33,609|67,653| |Other trading actvites|3|3,858|-|3,858|2,107| |Investments|4|8,195|-|8,195|1,566| |**Total incoming resources**||**45,522**|**140**|**45,662**|71,326| |**Resources expended**|||||| |Raising funds|6|(1,577)|-|(1,577)|(2,080)| |Charitable actvites|7|(74,719)|-|(74,719)|(5,828)| |**Total resources expended**||**(76,296)**|**-**|**(76,296**
**)**|(7,908)| |**_Net income/(expenditure) for_**|||||| |**_the year_**|||||| |**Net movement in funds**||**(30,774)**|**140**|**(30,634**
**)**|63,418| |Fund balances at 1 March||342,036|3,257|345,293|281,875| |**Fund balances at 28/29 Feb**|11,12|**311,262**|**3,397**|**314,659**|345,293| All income and expenditure derive from continuing activities. 5 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **BALANCE SHEET AS AT 29[TH] FEBRUARY 2024** |||**2024**|**2023**| |---|---|---|---| ||**Note**||| ||**s**|**£**|**£**| |**Current assets**|||| |Debtors|8|1,576|609| |Current asset investments|9|100,607|100,000| |Cash at bank and in hand||216,943|245,550| |**Current liabilites**|||| |Creditors|10|(4,467)|(866)| |**Net current assets**||**314,659**|345,293| |**Income funds**|||| |Unrestricted funds|11|311,262|342,036| |Restricted funds|11,12|3,397|3,257| |**Total funds**||**314,659**|345,293| The accounts set out on pages 7 to 13 for the financial year ended 29[th] February 2024 were approved and authorised for issue by the Trustees on 04 March 2025 and are signed on its behalf by: Dr Miles Wagstaff 04 March 2025 6 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29[TH] FEBRUARY 2024** ## **1 – Accounting 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 2019). 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 29TH FEBRUARY 2024 (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 29[TH] FEBRUARY 2024 (continued)** ## **2 – Donations, Grants and Legacies** |Donatons and Gifs
Grants
Legacies
Gif Aid
Donatons and Gifs
Grants
Legacies
Gif Aid|**2023/24**
**Unrestricted**
**Funds**
**Restricted Funds**
**Total**
**£**
**£**
**£**
30,124
140
**30,264**
1,000
-
**1,000**
14
-**14**
2,331
-
**2,331**| |---|---| ||**33,469**
**140**
**33,609**
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| ## **3 – Other trading activities** |Sales
Other actvites
Sales|**2023/24**
**Unrestricted Funds**
**Restricted Funds**
**Total**
**£**
**£**
**£**
2,417
-**2,417**
1,441
-**1,441**| |---|---| ||**3,858**
**- 3,858**
2022/23
Unrestricted Funds
Restricted
Funds
Total
£
£
£
1,997
-
1,997| 9 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 Other activities 110 - 110 - 2,107 2,107 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024 (continued)** ## **4 – Investments** |||**2023/24**|||2022/23| |---|---|---|---|---|---| ||**Unrestricted**
**Funds**|**Restricted**
**Funds**||**Total**|Total| ||**£**|**£**||**£**|£| |Interest receivable|8,195||-|**8,195**|1,566| All balances in the prior year related to unrestricted funds. ## **5 – Apportionment of Support Costs** Total support costs of £734 incurred in the year (2022/23: £1,402) have been apportioned as shown in the table below. These costs relate to website development and logo design (£nil, 2022/23, £864), insurance (£384, 2022/23: £336) and website hosting charges (£300, 2022/23: £75). |**2023/24**
**Unrestricted funds**
Raising Funds
Charitable Actvites|**Fundraising**
**fees**
**Staging**
**fundraising**
**events**
**Purchase**
**of medical**
**equipment**
**Training**
**of**
**nursing**
**staf**
**Supportng**
**parents**
**Total**
**£**
**£**
**£**
£
£
£
10
5
-
-
-
**15**
-
-
658
6
55
**719**| |---|---| ||**10**
**5**
**658**
**6**
**55**
**734**| There were no support costs in respect of restricted funds. |2022/23
**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| 10 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 There were no support costs in respect of restricted funds. 11 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024 (continued)** ## **6 – Raising Funds** |Fundraising fees
Staging fundraising events
Support costs
Fundraising fees
Staging fundraising events
Support costs|**2023/24**
**Direct costs**
**Allocaton of support costs**
**Total**
**£**
**£**
**£**
1,084
10**1,094**
478
5
**483**
15
(15)
**-**| |---|---| ||**1,577**
**-**
**1,577**
2022/23
Direct costs
Allocaton of support costs
Total
£
£
£
850
183
1,033
861
186
1,047
369
(369)
-
2,080
-
2,080| There was no expenditure on restricted funds during the year (2022/23: £nil). ## **7 – Charitable Activities** |Purchase of medical equipment
Training of nursing staf
Supportng parents
Support costs|**2023/24**
**Direct costs**
**Allocaton of support costs**
**Total**
**£**
**£**
**£**
67,740
658**68,398**
575
6
**581**
5,685
55
**5,740**
719
(719)
**-**| |---|---| ||**74,719**
**- 74,719**| 12 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024 (continued)** ## **7 – Charitable Activities (continued)** |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| There was no expenditure on restricted funds during the year (2022/23: £nil). ## **8 – Debtors** |Trade debtors
Accrued
income|**2024**
**2023**
**£**
**£**
265
80
1,311
529| |---|---| ||**1,576**
**609**| ## **9 – Current asset investments** £100,607 (2023: £100,000) of the charity’s funds were invested with Lloyd’s Bank on a 32day notice account. This related solely to unrestricted funds. ## **10 – Creditors** |Trade creditors
Accruals|**2024**
**2023**
**£**
**£**
4,446
866
21
-| |---|---| ||**4,467**
**866**| 13 SCOO-B-DOO SOCIETY FOR BABY CARE 286167 14 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024 (continued)** ## **11 – Reconciliation of funds** |Debtors
Current asset
investments
Creditors
Cash at bank and in hand
Debtors
Current asset
investments
Creditors
Cash at bank and in hand|**2023/24**
**Unrestricted**
**Funds**
**Restricted Funds**
**Total**
**£**
**£**
**£**
1,576
-
1,576
100,607
- 100,607
(4,467)
-
(4,467)
213,546
3,397 216,943| |---|---| ||**311,262**
**3,397 314,659**
2022/23
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| ## **12– Restricted funds** The restricted funds relate solely to amounts raised for and expended on SHED (Support and Help for Every Dad). ## **13 –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. ## **14 – Related parties** Matt Ulyatt donated £360 to the charity during the year (2022/23: £360). ## **15 – Events after the end of the reporting period** 15 **SCOO-B-DOO SOCIETY FOR BABY CARE** 286167 There are no adjusting or non-adjusting events to report. 16