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 ```