THE HULL BUILDING SAFETY GROUP LIMITED
R•port ot th• Truat••% and
Financial Stat•rn•nt
tor th• Y•ar End•d 28 F•bruary 2022
THE HULL BUILDING SAFETY GROUP LIMITED
Contents of the Financial Statements
for the Year Ended 28 February 2022
|
Page |
Reference and Administrative Details |
1 |
Report of the Trustees |
2 to 3 |
Independent Examiner's Report |
4 |
Statement of Financial Activities |
5 |
Balance Sheet |
6 to 7 |
Notes to the Financial Statements |
8 to 12 |
Detailed Statement of Financial Activities |
13 to 14 |
THE HULL BUILDING SAFETY GROUP LIMITED
Reference and Administrative Details
for the Year Ended 28 February 2022
TRUSTEES |
David Malcolm Blades |
|
Mark Steven Dobson |
|
Martin Charles Sheridan Hall |
|
Nicholas John Sangwin |
|
Glenn Smurthwaite |
|
Keith Eames |
|
Sean Hunter (resigned 1/6/2021) |
|
David Spurgeon |
|
Andrew Mark Kingston (appointed 12/7/2021) |
COMPANY SECRETARY |
David Spurgeon |
REGISTERED OFFICE |
42 Ferry Lane |
|
Woodmansey |
|
BEVERLEY |
|
East Yorkshire |
|
HU17 0SE |
REGISTERED COMPANY |
01075068 (England and Wales) |
NUMBER |
|
REGISTERED CHARITY |
0502158 |
NUMBER |
|
INDEPENDENT EXAMINER |
G & C Professionals Limited |
|
trading as Graham & Company |
|
Chartered Certified Accountants |
|
& Business Advisers |
|
Cleveland House |
|
1-10 Sitwell Street |
|
KINGSTON UPON HULL |
|
East Yorkshire |
|
HU8 7BE |
Page 1
THE HULL BUILDING SAFETY GROUP LIMITED
Report of the Trustees for the Year Ended 28 February 2022
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended28February2022.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Theprincipalactivityofthecompanyintheyearunderreviewwasthatoforganisingandco-ordinating the
provision of facilities for the awareness of safety in the building and construction industry.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Theresultsfortheyearandfinancialpositionofthecompanyareasshownintheannexed financial
statements.Thedirectorsreportthatthecompanyhasachievedasurplusfortheyearof£18,744(2021 -
£15,403).
FINANCIAL REVIEW
Principal funding sources
Thecharitablecompanyreceivesitsprincipalfundingfromfeesandchargesforservicesdeliveredby the
charitable company.
Reserves policy
TheTrusteescontinuetoworktowardmaintainingreservesofunrestrictedfundstoprovideaminimum of
three months outgoing resources to allow for exit costs on a cessation of activity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Thecharitablecompanyseekstoattracttrusteeswithskillsandexperiencewhichwillcomplimentthose of
theexistingboardandaddstabilitytoitsfuturemanagement.Allnewtrusteesareofferedan education
programme highlighting the charitable company's history, objectives and the role of its trustees
Organisational structure
ThedirectorsoftheCompanyformanexecutivecommitteewhomeetonaregularbasis.Appointment of
directorsisconfirmedattheAnnualGeneralMeeting.Directorsreceivenoremunerationfortheirduties, in
accordancewiththeprovisionsofbothitsMemorandumandArticlesofAssociationandtheCharitiesAct, but
are reimbursed the costs of attending meetings.
Related parties
Thecharitablecompany'sactivitieshavenotrequiredworkingrelationshipswithanyotherpartiesduring this
year.
TRUSTEES' RESPONSIBILITY STATEMENT
Thetrustees(whoarealsothedirectorsofTHEHULLBUILDINGSAFETYGROUPLIMITEDforthe purposes
ofcompanylaw)areresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatements in
accordancewithapplicablelawandUnitedKingdomAccountingStandards(UnitedKingdom Generally
Accepted Accounting Practice).
Page 2
THE HULL BUILDING SAFETY GROUP LIMITED
Report of the Trustees
for the Year Ended 28 February 2022
TRUSTEES' RESPONSIBILITY STATEMENT - continued
Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgivea true
andfairviewofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesand application
ofresources,includingtheincomeandexpenditure,ofthecharitablecompanyforthatperiod.In preparing
those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonable accuracy
atanytimethefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthe financial
statementscomplywiththeCompaniesAct2006.Theyarealsoresponsibleforsafeguardingtheassets of
thecharitablecompanyandhencefortakingreasonablestepsforthepreventionanddetectionoffraud and
other irregularities.
ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act
2006 relating to small companies.
Approved by order of the board of trustees on 5 April 2022 and signed on its behalf by:
David Spurgeon - Secretary
Page 3
Independent Examiner's Report to the Trustees of THE HULL BUILDING SAFETY GROUP LIMITED
Independent examiner's report to the trustees of THE HULL BUILDING SAFETY GROUP LIMITED ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
28 February 2022.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the
2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act').Incarrying out
myexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionundersection145(5)(b) of
the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with
the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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 Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Samantha Atkinson FCCA
G & C Professionals Limited
trading as Graham & Company
Chartered Certified Accountants
KINGSTON UPON HULL
HU8 7BE
6 April 2022
Page 4
THE HULL BUILDING SAFETY GROUP LIMITED
Statement of Financial Activities for the Year Ended 28 February 2022
2022
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Voluntary income
2
134,116
Charitable activities
Other income
4,000
Investment income
3
1
Other income
-
Total
138,117
EXPENDITURE ON
Charitable activities
Staff costs
83,795
Other support costs
24,324
Management and administration
10,659
Depreciation
595
Total
119,373
NET INCOME
18,744
RECONCILIATION OF FUNDS
Total funds brought forward
81,692
TOTAL FUNDS CARRIED FORWARD
100,436 |
2021
Total
funds
£
122,204
4,000
4
330 |
|
126,538
70,401
23,019
17,266
449 |
|
111,135 |
|
15,403
66,289 |
|
81,692 |
The notes form part of these financial statements
Page 5
THE HULL BUILDING SAFETY GROUP LIMITED
Balance Sheet 28 February 2022
2022
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
645
CURRENT ASSETS
Debtors
9
16,482
Cash at bank
115,992
132,474
CREDITORS
Amounts falling due within one year
10
(32,683)
NET CURRENT ASSETS
99,791
TOTAL ASSETS LESS CURRENT
LIABILITIES
100,436
NET ASSETS
100,436
FUNDS
Unrestricted funds
100,436
TOTAL FUNDS
100,436 |
2021
Total
funds
£
874
16,577
92,110
108,687
(27,869)
80,818
81,692
81,692
81,692
81,692 |
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006 for
the year ended 28 February 2022.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
THE HULL BUILDING SAFETY GROUP LIMITED
Balance Sheet - continued 28 February 2022
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon5April 2022
and were signed on its behalf by:
David Spurgeon - Trustee
The notes form part of these financial statements
Page 7
THE HULL BUILDING SAFETY GROUP LIMITED
Notes to the Financial Statements
for the Year Ended 28 February 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Fixtures and fittings- 15% on reducing balance
Computer equipment- 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayable to
thecharitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesin the
period to which they relate.
continued...
Page 8
THE HULL BUILDING SAFETY GROUP LIMITED
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
2. VOLUNTARY INCOME
VOLUNTARY INCOME |
|
|
Levies
Site visits
Accident investigation and consultancy work |
2022
£
86,041
47,146
929
134,116 |
2021
£
79,831
41,536
837 |
|
|
122,204 |
3. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
2022
£
Deposit account interest
1
SUPPORT COSTS
Governance
Management
costs
£
£
Staff costs
8,113
-
Management and administration
9,000
1,659
Depreciation
595
-
17,708
1,659 |
2021
£
4
Totals
£
8,113
10,659
595 |
2021
£
4 |
|
19,367 |
|
4. SUPPORT COSTS
Managementfeesarepaidtoatrustee,DavidSpurgeon,formanagement,companysecretarial and
financial services. A total of £9,000 (2021 - £9,000) was paid during this year.
Support costs, included in the above, are as follows:
Office salaries
Social security
Management fees
Depreciation : computer
equipment
Accountancy fees
Legal fees
Bank charges |
Management
Staff
and
costs
administration
Depreciation
£
£
£
8,090
-
-
23
-
-
-
9,000
-
-
-
595
-
1,500
-
-
13
-
-
146
-
8,113
10,659
595 |
2022
Total
activities
£
8,090
23
9,000
595
1,500
13
146
19,367 |
2021
Total
activities
£
6,640
-
9,000
449
1,500
-
126 |
|
|
|
17,715 |
continued...
Page 9
THE HULL BUILDING SAFETY GROUP LIMITED
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2022 |
2021 |
|
£ |
£ |
Depreciation - owned assets |
595 |
449 |
6. TRUSTEES' REMUNERATION AND BENEFITS
The following trustees are employed by the charity on a salaried basis to carry out the role described :
Trustee |
Role |
|
2020 |
2021 |
|
|
|
£ |
£ |
Mark Dobson |
Safety officer |
Salary |
62,883 |
58,232 |
|
|
|
====== |
====== |
Variationintermsofemployment,includingsalarypayments,areagreedbythemajorityof the
Trustees at meetings were the trustee named above is not present.
Trustees' pensions and expenses paid relate solely to Mark Dobson.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended28February2022norfortheyear ended
28 February 2021.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
Safety officers
Management and administration |
2022
1
1
2 |
2021
1
1 |
|
|
2 |
Thenumberofemployeeswhoseemployeebenefits(excludingemployerpensioncosts) exceeded
£60,000 was:
|
|
2022 |
2021 |
£60,001 |
- £70,000 |
1 |
- |
continued...
Page 10
THE HULL BUILDING SAFETY GROUP LIMITED
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
8. TANGIBLE FIXED ASSETS
Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 March 2021
170
1,392
Additions
-
366
At 28 February 2022
170
1,758
DEPRECIATION
At 1 March 2021
96
592
Charge for year
25
570
At 28 February 2022
121
1,162
NET BOOK VALUE
At 28 February 2022
49
596
At 28 February 2021
74
800
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Operating debtors
13,745
Other debtors
419
Prepayments
2,318
16,482
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Operating creditors
623
Social security and other taxes
1,774
VAT
5,099
Other creditors
781
Accrued expenses
24,406
32,683 |
Totals
£
1,562
366
1,928
688
595
1,283
645
874
2021
£
12,381
1,771
2,425 |
Totals
£
1,562
366 |
|
|
1,928 |
|
|
688
595 |
|
|
1,283 |
|
|
645 |
|
|
874 |
|
16,577 |
|
|
2021
£
594
1,380
4,680
865
20,350 |
|
|
27,869 |
|
continued...
Page 11
THE HULL BUILDING SAFETY GROUP LIMITED
Notes to the Financial Statements - continued
for the Year Ended 28 February 2022
11. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
|
2022 |
2021 |
|
£ |
£ |
Within one year |
10,534 |
10,533 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 28 February 2022.
Page 12
THE HULL BUILDING SAFETY GROUP LIMITED
Detailed Statement of Financial Activities
for the Year Ended 28 February 2022
INCOME AND ENDOWMENTS
Voluntary income
Levies
Site visits
Accident investigation and consultancy work
Investment income
Deposit account interest
Charitable activities
Employment allowance
Other income
Sponsorship and other income
Total incoming resources
EXPENDITURE
Charitable activities
Trustees' salaries
Trustees' social security
Trustees' pension contributions
Telephone
Postage and stationery
Advertising
Sundries
Motor and travelling
Car leasing and hire charges
Site inspection expenses
Subscriptions
Repairs and renewals
Office and computer costs
Insurance
Clerical fees
Bad debts
Donation
Support costs
Management
Office salaries
Social security
Carried forward |
2022
£
86,041
47,146
929
134,116
1
4,000
-
138,117
62,883
9,299
3,500
691
76
90
-
8,113
11,843
80
563
-
1,839
1,119
-
(90)
-
100,006
8,090
23
8,113 |
2021
£
79,831
41,536
837 |
|
|
122,204
4
4,000
330 |
|
|
126,538
58,232
8,849
3,320
924
102
-
400
5,126
8,869
1,158
265
93
1,871
2,652
396
913
250 |
|
|
93,420
6,640
-
6,640 |
This page does not form part of the statutory financial statements
Page 13
THE HULL BUILDING SAFETY GROUP LIMITED
Detailed Statement of Financial Activities
for the Year Ended 28 February 2022
Management
Brought forward
Management fees
Depreciation : computer equipment
Governance costs
Accountancy fees
Legal fees
Bank charges
Total resources expended
Net income |
2022
£
8,113
9,000
595
17,708
1,500
13
146
1,659
119,373
18,744 |
2021
£
6,640
9,000
449 |
|
|
16,089
1,500
-
126 |
|
|
1,626 |
|
|
111,135 |
|
|
15,403 |
This page does not form part of the statutory financial statements
Page 14