2022-12-31-accounts - B.A.D. Foundation

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DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

Registered Charity No: SC048274

B.A.D. FOUNDATION

RECEIPTS AND PAYMENTS ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION

RECEIPTS AND PAYMENTS ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

CONTENTS	PAGE
Legal and Administrative information	1
Trustees’ Report	2 - 3
Report by the Independent Examiner	4
Receipt and Payments Account	5
Statement of Balances	6
Notes to the accounts	7 - 8

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Charity Name: B.A.D. Foundation Registered Office and Operational Address : 15 Craigendmuir Street Glasgow G33 1LG Charity Registration Number: SC048274

Trustees:

Independent Examiners: Wylie & Bisset LLP 168 Bath Street Glasgow G2 4TP Bankers: Santander Springburn Shopping Centre Springburn Way Glasgow G21 1TP

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees are pleased to present their report together with the receipts and payments accounts of the charity for the year ended 31 December 2022.

The legal and administrative information on page one forms part of this report.

Structure, Governance and Management

Governing Document- Constitution

The Battle Against Dementia (B.A.D.) Foundation is a Scottish charitable incorporated organisation (SCIO) established on the 5[th] April 2018. The charity is controlled solely by the board which is made up of charity trustees and as such the trustees are members of the charity.

Recruitment and Appointment of Trustees

Our constitution allows us to have between 3 and 5 trustees. The board may appoint charity trustees to fill any vacancies by way of a resolution passed by majority vote at a board meeting. Trustees are appointed in accordance with the constitution.

Objectives and Activities

B.A.D. Foundation is established for the following purposes:

To advance health and promote education by:
(a) supporting research into the causal mechanisms associated with dementia and/or similar or associated conditions and disseminating the results of such research and;
(b) promoting awareness and understanding among the general public of the symptoms, causes and treatment of dementia and/or similar or associated conditions;
To relieve the needs of people with dementia and/or similar or associated conditions, and their family members and/or other people caring for them, through supporting the provision of care, support, information and practical assistance.

This years activities have included meetings with Golf IT the new Royal and ancient golf facility at Hogganfield Loch, which is promoting golf to people who have never played golf before and one of which is to promote golf outings for local people suffering from dementia and linking in with the Golfing society. We are looking at a joint venture with CSS to provide bikes to those who are at the start of their dementia journey in the hope of encouraging those who are suffering from Dementia to participate in active groups linking with other outdoor activity groups.

We continue to link with Ceartas to provide support for those living with Dementia.

Achievements and performance

The fifth year of charity has seen the continued success in the form of growing the charity as a recognized charitable organisation and the donations that was received through third party organisations. Has allowed the charity to continue a working relationship with Ceartas Advocacy with the aim of supporting people with dementia.

The Billy McNeil Fund has been established to provide personal care/ respite for ex professional footballers suffering from dementia.

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2022

Achievements and performance (continued)

The Billy McNeil Fund has been established to provide personal care/ respite for ex professional footballers suffering from dementia.

The fifth year of the charity funds were raised through donations from individuals and proceeds from a golf event which was sponsored by Farmfoods, Ladies Lunch which was sponsored by ICE LTD.

There have been no further developments with the long-term plan of building of a purpose built centre for those suffering from dementia and their families to use.

The land at Balmore Golf Club has been given to the charity to use at a cost of £1 per year and the lease will be for 100 years.

As the development of the land will be dependent on the access from a neighbouring farmers land.

Financial Review

The charity aims to have three months of expenditure in reserves at all times, based on current expenditure levels this equates to £27,006. Currently, the organisation has cash reverses of £36,093 with £34,247 being unrestricted. Therefore, trustees believe that there are adequate reserves in place as at 31 December 2022.

The accounts have been approved by the trustees and signed on their behalf:

Date: 15 December 2023

tkcusw Erwek(e ID.. 3BB451-44EF-9s1ll3l21Zj7D INOEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BA.D. FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2022 I report on the accounts of the chaiity for the year erKled 31 December 2022, which are set ¢xrt on pa9es 5 to 8. Respective responsibilities of trustees and examiner The charity's trustees are responsibleforthe preparat)n ofthe accounts in accordancewth the lemis of the Charities and Tnjstee Investment Iscolandl 2005 Act and the Charities Accounts {scoand} Regulations 2006. The eharty trustees eonsider that the audit requirement of Regulation 10111 {dl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under seth'on 4411) Icl of the Aet and to stste whether paticular mattets have eome to my attention. Basis of independent examiner's sLitement My examinalMJn is earried out in aecordance wth Regulatitin 11 of the Charities Attounts {Scotland} Regulations 2006. An examination indudes a review of the aceounting reeords kept by the eharrty and comparison of the aeecmjnts presented with those records. It also indudes eonsideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees conceming any such matters. The pr¢xedures undertaken do not provKle all the eviden¢e that would be required in an audit and, ¢on$equenUy, I do not express an audit wnion M the a¢unts. Independent examiner'$ statemenl In the course of my examination, no matter has come to my attentic 1. which gives me reasonable cause to believe that in any materkal respect the requiremerts: to keep accounts'ng records n accordance with section 44(1Ma) ofthe 2005 Act and RegUlatn 4 of the 2006 Accounts Regulations, and lo prepare accounts which accord with the aceounting records and comply with RegUlatn 9 of the 2006 Accounts Regulations have nol been mel, c 2. to which, in my opinDn, attention should be drawn in wler to enable a proper understanding of the accounts lo be reached. Wylie & Bisset LLP 168 Bath Street Glasgow G2 4TP Date.. 18 December 2023

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION

STATEMENT OF RECEIPTS AND PAYMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Notes Receipts Donations Fundraising activities Total Receipts Payments Payments relating directly to charitable activities Governance costs Total Payments Surplus/(Deficit) for the year		Unrestricted £ 10,000 60,415 70,415 62,486 810 63,296 7,119		Restricted £ - 49,865 49,865 44,728 - 44,728 5,137	2022 £ 10,000 110,280 120,280 107,214 810 108,024 12,256		2021 £ - 43,722
							43,722
							49,861 750
							50,611

							(6,889)

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION

STATEMENT OF BALANCES

AS AT 31 DECEMBER 2022

Notes Cash funds Cash and bank at start of year Surplus/(Deficit) shown on statement of receipts and payments Cash and bank balance at end of year 1 Fixed Assets 2 Liabilities 3		Unrestricted £ 27,128 7,119 34,247	Restricted £ (3,291) 5,137 1,846	2022 £ 23,837 12,256 36,093 - 1,365	2021 £ 30,726 (6,889)
					23,837
					-
					2,250

Approved by the Trustees and signed on their behalf:

Date: 15 December 2023

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B.A.D. FOUNDATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1. Funds

2022 Unrestricted General Funds Total Unrestricted Funds Restricted Funds Billy McNeil Fund Total Restricted Funds TOTAL FUNDS	Opening Balance £ 27,128 27,128 (3,291) (3,291) 23,837	Receipts £ 70,415 70,415 49,865 49,865 120,280	Payments £ (63,296) (63,296) (44,728) (44,728) (108,024)	Transfers £ - - - - -	Closing balance £ 34,247
					34,247 1,846
					1,846
					36,093

a) The unrestricted funds are available to be spent for any purposes of the charity.
b) The Billy McNeil funding is to provide assistance to ex footballers and their families affected by dementia.

2. Fixed assets

Cost At 1 January 2022 Additions Disposals At 31 December 2022 Depreciation At 1 January 2022 Charge for the year Eliminated on disposals At 31 December 2022 Net book value At 31 December 2021 At 31 December 2022	Fixtures, fittings & equipment £ 274 - - 274 274 - - 274 - -	Total £ 274 - -
		274
		274 - -
		274
		-
		-

DocuSign Envelope ID: 3B50DB46-B451-44EF-951A-C8713121237D

B.A.D. FOUNDATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

3. Liabilities

Accruals Trade creditors	2022 2021 £ £ 1,365 930 - 1,320
	1,365 2,250

4. Related Party Transactions

No Trustee received any remuneration or was reimbursed any expenses during the year (2021: £Nil). No expenses were waived by trustees during the year (2021: £Nil).

No Trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity in the year (2021: none).