REGISTERED CHARITf NUMBER: 108695 Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 April 2024 for B Positive S.M. Vint & Company Chartered Ceriified Accountants 8 Newry Road Banbridge Co. Down BT32 3HN
B Positive Contents of the Financial Statements for the Year Ended 30 April 2024 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 12 Detailed Statement of Financial Activities 13 to 14
Positive Report of the Trustees for the Year Ended 30 April 2024 The trustees piesent their report with the financial statements of the chartty for the year ended 30 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document B Positive was established as a charity on 6th April 2022 and is governed by the terms as set out in its constitution. 1. The Executive Cotnmittee shall consist of a chairman- a secretary and a treasurer being elected from among the members at an annual general mting. The Execulive Committee shall hold office from the conclusion of that meeting. 2. The Executive Committ8a may in addrtion appoint additional members to the Executive Committee as they see fit. 3. All the members of the Executive Committee shall retire from office together at Ihe end of the annual general meeting next after the date on which they came into office, but they may be re-elected or re-appointed provided thal no honorary offIr shall hold office for more than 5 consecutive years. On expiry of such a period, l year musl elapse before any former honorary officer is eligible for re-election. 4. The proceedings of the Executive Committee shall not be invalidated by any vacancy 2mong their number or by any failure to appoint or any defect in the appointment or qualification of a member. 5. Nobody shall be appointed as a member of the Executive Committee who is aged under 18 or who would if appointed be disqualified under the provisions of the following clause. 6. No person shall be entitled to act as a member of the Executive Committee whether on a first or on any subsequent entry into office until after signing in the minute book of the Executive Committee a declaration of acceptance and of willingness to act in the tiusts of the Charity. Page 1
B Positive Report of the Trustees for the Year Ended 30 April 2024 STRUCTURE, GOVERNANCE AND MANAGEME[ Objectives and activities B Positive aims to help provide a more positive experience foi children diagnosed with cancer in Northern Ireland as well as helping their parents and supporling the staff on the Haematology and Oncology ward at the Royal Victoria Hospital for Sick Children (Belfast). As of February 2024, we have begun our rollout of suitcases. Each newly diagnosed child receives a large, branded suitcase. Within the case is a special baseball cap to give the child a level of Confiden through hair loss from Ihe intense chemotherapy, a branded wash bag which contains toiletries for the child and both parents. The suitcase also includes a blanket, bale of towels and a warrior backpack. We also leave various types of vouchers on the ward to be gwen out by the staff. These include Just Eat, Xbox: Play Station and Roblox. These vouchers have totalled ovei £2,500. During this financial period. we purchased a sensory unit worth almost £5.000 which we donated to CHU ward. On occasions we have also assisted patients and families with various treats throughout the year, as follows.. we paid £850 for a parent's flight to the USA where their child was reIving treatment, we paid for a parent and child to atlend a Man Utd match, including flights and hotel, in conjunction with Cancer Fund for Children, tolalling £1,160. we flew a relative to USA wth emergency medicine. flights cost £1,054, we helped fund a memory making trip to USA for a child. we covered their extensive travel insurance to a cost of £4.080. As a family who has lived the childhood cancer journey. we know all of the above will be of great assistance to the families as they enter the ward. Review of operations and future development As a charity, we have given out 26 suitcases to date. Wrth an estimated 70-80 new diagnoses every year in Northern Ireland, that's the minimum number of cases we wll require on an annual basis. We are also currently trying to reach those children already in the system. As a charity with "Itved experience" we have engaged vAth parents of newly diagnosed children with advice and support throughout the year. We also have future plans to help the medical and nursing staff on the CHU ward by offering a tiauma counselling service. Review of finances During this financial year, we generated incoming resources of £176.917. Outgoing resources totalled £117.419 leaving net incoming resources of £59,498. Having reviewed the accounts, believe B Positive to be in an extremely strong financial position moving forward and we are therefore confident we can tneet all of our charitable objectives for the foreseeable future. Page 2
B Positive Report of the Trustees for the Year Ended 30 April 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Public benefit statement The Trustees consider Ihey have complied with their tespective duties to have due regard to the guidance on public benefit as published by the Chaiity Commission for Northern Ireland. Statement of Trustee's responsibilities The Trustees are responsible for preparing the annual report and the financial statements in accordance with Ihe applicable law and United Kingdom accounting standards. Company Law requires the Trustees to prepare financial statements for each financial period to provide a true and fair view of the aftairs of the company for that period. In preparing the financial statements, the trustees are required to.. Make estimates that are reasonable and prudent Select mosl appropriate accounting policies and apply in a consistent fomiat Clarify that applicable accounting standards have been followed and further explained in the financlal siatemenls and have piepaied the financTal statements. The Trustees confirm that they have complied with the above requirements in preparing the financial statements. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the company and to enable Ihem to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Company and hence for taking ieasonable steps for the prevention and detection of fraud or other irregularities. Policies are also in place for such issues. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 108695 Principal address 27 Pinley Green Banbridge Co. Down BT32 3TY Trustees S Watson D Watson R Simmons N Dowds (appointed 5.2.24) M Fairbaim (appointed 5.2.24) M McAdam (appointed 5.2.24) E Adamson (appointed 5.2.24) A Watson (appointed 5.2.24) A Wills (appointed 5.2.24) S Magill (appointed 5.2.24) J McKnight-Lennon (appointed 5.2.24) P Greenfield (appointed 5.2.24) Page 3
B Positive Report of the Trustees for the Year Ended 30 April 2024 REFERENCE AND ADMINISTRATIVE DETAILS IndepÈndent Examiner S.M. Vint & Company Chartered Certified Accountants 8 Newry Road Banbridge Co. Down BT32 3HN Approved by order of the board of trustees on 14 January 2025 and signed on its behalf by.. D Watson - Trustee Page 4
Independent Examiner's Report to the Trustees of B Positive Independent exam iner's report to the Irustees of B Positive I report to the charity Irustees on my examination of the accounts of B Positive (the Trust) for the year ended 30 April 2024. Responsibilities and basis of report As the charity trustees of the Trust 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 Ihe Trust's accounts Carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent exam inerfs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. accounting records were not kept in respecl of the Trust as required by Section 130 of the Act, or the accounts do not accord wilh those records" 01 the accounls do not comply wth the applicable requirements concerning the form and content of accounls 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. <[ i/J Thomas Vinl FCCA S.M. Vint & Company Chartered Certified Accountants 8 Newry Road Banbridge Co. Down BT32 3HN 14 January 2025 Page 5
B Positive statement of Financial Activities for the Year Ended 30 April 2024 Period 6.4.22 to 30.4.23 Total funds Year Ended 30.4.24 Total funds Unrestricted Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 176.917 176.917 135.347 Other trading activities 7.345 Total 176,917 176,917 142.692 EXPENDITURE ON Raising funds 1.503 1,503 21.790 Charitable activities Gifts and Donations 99,733 99,733 1,013 Other 16.183 16,183 1,341 Total 117.419 117,419 24,144 NET INCOME 59,498 59,498 118,548 RECONCILIATION OF FUNDS Total funds brought foNard 118,548 118,548 TOTAL FUNDS CARRIED FORWARD 178.046 178,046 118,548 The notes form part of these financial statements Page 6
B Positive Balance Sheet 30 April 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund fund Notes CURRENT ASSETS Debtors Cash at bank 47 177,999 47 177,999 119,169 178,046 178,046 119,169 CREDITORS Amounts falling due within one year (621) NET CURRENT ASss 178.046 178,046 118,548 TOTAL ASSETS LESS CURRENT LIABILITIES 178.046 178,046 118,548 NET ASSETS 178,046 178,046 118,548 FUNDS Unrestricted funds 178,046 118.548 TOTAL FUNDS 178,046 118,548 The financial statements were approved by the Board of Trustees and authorised for issue on 14 January 2025 and were signed on Ils behalf by: S Watson - Trustee The notes form part of these financial statements Page 7
B Positive Note5 to the Financial Statements for the Year Ended 30 April 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance wilh Ihe Charities SORP (FRS 102) 'Accounting and Reporling by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been piepaied under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlernent to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounled for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Wheie costs cannot be directly attributed to particular headings they have been allated to activibes on a basis consistent wth the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the fi nancial statements. Page 8 continued...
B Positive Notes to the Financial Statements - continued for the Year Ended 30 April 2024 OTHER TRADING ACTIVITIES Period 6.4.22 to 30.4.23 Year Ended 30.4.24 Shop income 7,345 RAISING FUNDS Raising donations and legacies Period 6.4.22 to 30.4.23 Year Ended 30.4.24 Fundraising expenditure Support costs 1.503 777 240 1,503 1,017 TRUSTEES, REMUNERATION AND BENEFITS There were no Irustees. remuneration or other beneftts for the year ended 30 April 2024 nor for the period ended 30 April 2023. Trustees, expenses Period 6.4.22 to 30.4.23 Year Ended 30.4.24 Trustees, expenses 1.630 621 Page 9 continued...
B Positive Notes to the Financial Statements - continued for the Year Ended 30 April 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 135,347 135,347 Other trading activities 7,345 7,345 Total 142.692 142,692 EXPENDITURE ON Raising funds 21.790 21,790 Charitable activities Gifts and Donations 1.013 1,013 Other 1.341 1,341 Total 24,144 24,144 NET INCOME 118.548 118,548 TOTAL FUNDS CARRIED FORWARD 118.548 118548 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors 47 Page 10 continued.
B Positive Notes to the Financial Statements - continued for the Year Ended 30 April 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditois 621 MOVEMENT IN FUNDS Net movement in funds At 30.4.24 At 1.5.23 Unrestricted funds General fund 118.548 59.498 178,046 TOTAL FUNDS 118,548 59,498 178,046 Net movement in funds. included in the above are as follows" Incoming Resources Movement resources expended in funds Unrestricted funds General fund 176.917 (117,419) 59,498 TOTAL FUNDS 176,917 (117,419) 59,498 Comparatives for movement in funds Net movement in funds At 30.4.23 Unrestricted funds General fund 118,548 118,548 TOTAL FUNDS 118,548 118,548 Page 11 continued...
B Positive Notes to the Financial Ststements - continued for the Year Ended 30 April 2024 MOVEMENT IN FUNDS - continued Comparative net movement in funds. included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 142,692 (24,144) 118,548 TOTAL FUNDS 142.692 (24,144) 118,548 RELATED PARTh DISCLOSURES There were no related party transactions for the year ended 30 April 2024. Page 12
B Positive Detailed Statement of Financial Activities for the Year Ended 30 April 2024 Period 6.4.22 to 30.4.23 Year Ended 30.4.24 INCOME AND ENDOWMENTS Donations and legacies Donations 176,917 135,347 Other trading activities Shop incorne 7,345 Total in¢oming resources 176,917 142,692 EXPENDITURE Raising donations and legacies Fundraising expenditure 1,503 777 Other trading activities Puichases 20,773 Charitable activities Gifts and Donations 99,733 1,013 Support costs Management Trustees. expenses Administrative expenses 1,630 1,263 621 2,893 621 Finance Bank charges 678 349 Infomiation technology Repairs and renewals 240 Other Rates and water Insurance Light and heal Carried forward 1,518 160 104 1,782 This page does not form part of the statutory financial statements Page 13
B Positive Detailed Statement of Financial Activities for the Year Ended 30 April 2024 Period 6.4.22 to 30.4.23 Year Ended 30.4.24 Other Brought forward Telephone Postage and stationery Rent Repairs and maintenance Advertising 1,782 324 17 4,002 2,975 354 9,092 371 Governance costs Accountancy and legal fees 3,520 Total resources expended 117,419 24,144 Net income 59,498 118,548 This page does not form part of the statutory financial statements Page 14