**REGISTERED COMPANY NUMBER: CS004184 (Scotland) REGISTERED CHARITY NUMBER: SC049565** Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 April 2024 for Betblocker Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA Betblocker Contents of the Financial Statements for the Year Ended 30 April 2024 ||Page| |---|---| |Report of the Trustees|1 to 5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9 to 13| |Detailed Statement of Financial Activities|14| Betblocker ## Report of the Trustees ## for the Year Ended 30 April 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Charitable Purpose as described in the governing document is the prevention of poverty and relief of financial hardship of those experiencing gambling addiction via the distribution of a free app that blocks the user's internet capable devices from accessing online gambling websites and applications. ## **Significant activities** The BetBlocker web application enables users to restrict their device from accessing online gambling sites. BetBlocker is intended to help address the growing social issue of gambling addiction by providing a physical limitation on the user's ability to access gambling services. The application will be provided free of charge to users in all geographic locations, will not include any form of advertising and will not gather user data for any purposes beyond improving the tool and assisting users with technical issues. A secondary function of the tool will allow users to place 'Parental Controls' on a device to allow parents to restrict access to age sensitive materials (gambling, pornography, "freemium" apps and social media) on devices used by their juvenile dependents. this function is intended to provide concerned parents with greater control over the material that their children can access. ## **ACHIEVEMENT AND PERFORMANCE** ## **Targets achieved in year** BetBlocker achieved some targets set out in the 2023 Business Plan as indicated below: - Maintain and upgrade the application software as needed to ensure continued effective delivery of service inside the - confines dictated by each operating system [successfully completed] - Contact App Store via legal services to gain access to MDM services. [in progress] - Contact Play Store via legal services to gain reapproval for distribution of app via their service. [in progress] - Seek funding from GambleAware to expand and improve service [partially successful] - Cooperate with Yellow Scarf and GambleAware to translate the service into Polish, Ukrainian and Russian. - [successfully completed] - Develop closer relationships with GambleAware and other third sector organisations in the UK. [successfully - completed] - Raise the profile of BetBlocker by attending industry conferences. [successfully completed] - Raise profile of BetBlocker internationally by speaking to regulators and organisations outside of the UK. - [successfully completed] Page 1 Betblocker ## Report of the Trustees ## for the Year Ended 30 April 2024 ## **FINANCIAL REVIEW** ## **Financial position** This year we've managed to close with a substantial surplus, equating to a number of years running costs at the current level of the organisation, but with reduced donation volumes. This has meant that we could more appropriately deploy resources to support and develop the app. Over the course of this year, funds were spent as follows: Salaries : £38,160 Consultancy : £28,200 App maintenance and development/Computer costs : £35,569 Conferences & Travel: £2,858 Accounting : £2,824 Pension contributions : £937 Promotional Material : £1888 Professional Subscriptions : £1019 As can be seen from the above, once tax, consultancy and pensions are taken into consideration staffing is far and away our biggest overhead. After this, programming work to maintain and improve the app has been the biggest cost for the organisation. ## **Principal funding sources** The majority of BetBlocker's income this year was derived from donations from groups within the remote gambling industry. We also received over £100,000 from funding commissioner GambleAware in the UK to assist the project in sustaining consistent service during the migration from RET to levy systems in the UK The only other incoming transaction were from the Amazon Smile program, which brought in a total of £13.41. ## **Reserves policy** The charitable company pledges any reserves to the continued development of all activities and projects current and future. The charitable company also has a minimum reserves policy in place. ## **FUTURE PLANS** During 2024-25 the charitable company's targets are as follows:- - Maintain and upgrade the application software as needed to ensure continued effective delivery of service inside the - confines dictated by each operating system - Contact App Store via legal services to gain access to MDM services. - Contact Play Store via legal services to gain reapproval for distribution of app via their service. First try contact the - head of player protection we've spoken to on LinkedIn. - Seek funding from GambleAware to expand and improve service - Continue to roll out languages. - Continue to develop close working relationships with other stakeholders in the industry. - Raise the profile of BetBlocker by attending industry conferences. - Raise profile of BetBlocker internationally by speaking to regulators and organisations outside of the UK. - Upgrade Scheduler feature to allow for blocking by hour and weekly profiles. - Develop migratable profiles. - Develop and launch Timer feature. - Hire a COO to take over some of the work that has been doing voluntarily. - Open US division of BetBlocker. Page 2 Betblocker ## Report of the Trustees ## for the Year Ended 30 April 2024 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** BetBlocker is a Scottish Charitable Incorporated Organisation (SCIO) governed by its Constitution dated 23 August 2019. It is registered as a charity with the Scottish Charity Regulator. No one can be a member unless they are also a charity trustee of the organisation. The charity trustees of the organisation have no liability to pay any sums to help to meet the debts (or other liabilities) of the organisation if it is wound up; accordingly, if the organisation is unable to meet its debts, the charity trustees will not be held responsible. ## **Recruitment and appointment of new trustees** As set out in the Constitution the board may at any time appoint any person to be a charity trustee by way of a resolution passed by majority vote at a board meeting. ## **Organisational structure** The board of trustees, which can have up to 10 members, administers the charity. The board meets regularly to discuss the day to day operations of the charity. ## **Induction and training of new trustees** New trustees undergo an induction to brief them on: their legal obligations under charity law, the Scottish Charity Regulator's guidance on trustee duties, and inform them of the content of the Constitution, the board and decision-making process, the business plan and recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events where these facilitate the undertaking of their role. ## **Related parties** None of our trustees receive remuneration or other benefit from their work with the charity. Page 3 for the I.earF￿ 30 2024 STRICTURE. GOVERNANCE AND ￿L￿AGE.￿EN1 Risk mXDAgetTheDI The Ituslees hai'e a duty to identify and ru.le￿. the risks to Which tlle charity is exposed and to ellsure appT¢)piiate c¢)ntrols are in place to pro3i(k rea50tLable assurance against frawl and enDr. The In￿leeS hai"e a risk mallagemellt stralegy N4ll"ch coDumses: - an amiual Tei'iewof thewinciple nsks alld uncertainhe5 that the clwity fxe - the e51ab1isl￿)C[)t0fpo11CJes. systems andprocedutC5 lo mitigate those risk5 idenlified in the annual rniew - the iiiipleiiienlalion of procethues de5i8llcd to ￿l[li￿Se or any poltDlial iwacl on ihe chatity slwuld those risks matetialise. This year has defied ei'en the n)o$i wildly c¢)limisii¢ hcoes in iern)s of fill￿1n8. Managing to raise such a substanrial simpli￿ se¢utes tlie orwiisation for seN'eTrl yeavs io ¢on)e and funda￿thlly Changes the appioa¢h to Iwation ihai the service tske 8oin8 fonvatd%. Ttiis iiiwroK'eiii¢iii in forn￿¢$ appeats io be latgely the ¢onsequen¢e of ihe WOTk hai'e UT1dertak￿1 io raise ilie prof￿¢ of the organisaiioll by artelldin8 conferences aild li ill Linkedhi. We do need io hire a COO to lake oi'er soll￿ work froli1￿. ￿,hO been n)ana8in8 the project voluntsrily around his fiLII lime job and using his holiday$ io an¢iid iiiiilLieiiies on behalf of the orgallishiion. Wlulsr ihe BetBlo¢ker Board of TnLsie¢s is i'ery 8rn1¢fiil for the tu)i¢ 10$ 8ii.en io help the ¢lMiry. ￿￿tIl the ￿0WIll8 profile of the or8anisation in¢r¢asin8 ihe work is liai'iii,, 10 widenake. thi's is unsusraillable n)oiing fonvards. We should look to hai'e a COO in place fw the 8uuMn8 of 2025. Despi1¢ our suc¢e$s this year. it is Crucial thai the LY88J)i￿￿0Th takes a c￿￿￿'attl.e approach oNer the ¢omins years. Whilst this year has been i.ery POSilii"e in tern￿ of fi￿ding. the UK fiuth8 sysiem appears to be mol'in8 in a direction thai would be ho$tsle io BeiBlockel$ Posiiiofj. as an orwiisation thai accepts hu￿Ing from the wnblin8 inthstsy. We should approach operatson$ vith the &ssiiinption of UK fi￿diti8 ellthn8 ill 2026 and position ourseli'es a¢cordill81y. Gii'en the instsbdity ill. or likety den)xse of. the UK fimdxn8 SySteDL it is inyyatiie that the or8anisation looks to fundin8 options in other ¢ounln'¢$. Our ftrsi pnority should be the United Siaies. There a larse number of fiuidu18 options in the US. but they Can only be a¢¢ess¢d by chan'iies ￿￿￿tered in the US. As such M'e should look to ¢stab]ish a or8anisation in the US lo fa¢iliiale 8rant appli¢aiions. Another jurisdiction to watch Closely is Ireland The new Te8ulatOT is introthin8 a fiuth8 Sy$t¢m that appears lthely to r¢seiiibl¢ the UK'S. We hope it will hai"e a nM)re ba]anc¢d and infornKd &w)roach that will allow BetBlocker to $eek fundiii% there. Finally. tlie UK fiLndin8 System has not ¢lw18¢d yet and is unlikely to ¢han8e uniil Apnl 2026. or April 2025 at Ihe ¢arli¢sl. We ￿l0VId use this lime to capilalise on this system aud increase ow sury)Iws as far as possible u'iiljiii t]iis Reglstèred Comp*D!' CS004184 {Scotland) Reglstèred Ch*rAI) SC(H9565 Reglstered ollice BetBlocker.ors PO Box 2089 LiN'in8Ston EH54 OGF Page 4 Betblocker ## Report of the Trustees for the Year Ended 30 April 2024 ## **Trustees** Trustees are not disclosed due to safety purposes, providing this information could cause personal danger to those individuals. ## **Independent Examiner** Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. ## Jan 29, 2025 Approved by order of the board of trustees on ............................................... and signed on its behalf by: ## **Signature:** ............................... Trustee Page 5 Independent Examiner's Report to the Trustees of Betblocker I report on the accounts for the year ended 30 April 2024 set out on pages seven to thirteen. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention : - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and - to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Signature** Robert Pollock CA The Institute of Chartered Accountants of Scotland Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA Date: .[J] ..[a] ...[n] ...[2] ..[9] ..[,] ..[2] ..[0] ...[2] ..[5] ....................... Page 6 Betblocker ## Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 30 April 2024 |Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 30 April 2024|| |---|---| |**2024**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**443,252**
**EXPENDITURE ON**
Raising funds
**9**
**Charitable activities**
BetBlocker
**74,087**
Other
**38,160**
**Total**
**112,256**
**NET INCOME**
**330,996**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**26,436**
**TOTAL FUNDS CARRIED FORWARD**
**357,432**|2023
Total
funds
£
75,429| ||
3
31,083
37,144| ||
68,230| ||
7,199
19,237| ||26,436| The notes form part of these financial statements Page 7 Betblocker ## Balance Sheet ## 30 April 2024 |Notes
**2024**
**Unrestricted**
**fund**
**£**
**FIXED ASSETS**
Tangible assets
6
**2,424**
**CURRENT ASSETS**
Debtors
7
**8,891**
Cash at bank
**348,037**
**356,928**
**CREDITORS**
Amounts falling due within one year
8
**(1,920)**
**NET CURRENT ASSETS**
**355,008**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**357,432**
**NET ASSETS**
**357,432**
**FUNDS**
Unrestricted funds
9
**357,432**
**TOTAL FUNDS**
**357,432**|2023
Total
funds
£
4,134
7,257
17,982
25,239
(2,937)
22,302
26,436
26,436
26,436
26,436| |---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on Jan 29, 2025 . ............................................ and were signed on its behalf by: ## **Signature:** ............................................. Trustee The notes form part of these financial statements Page 8 Betblocker Notes to the Financial Statements for the Year Ended 30 April 2024 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The trustees consider that there are no material uncertainties affecting the Charity's ability to continue operating as a going concern. The presentation currency of the financial statements is the Pound Sterling (£). ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 20% on cost ## **Taxation** The charity is exempt from corporation 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 financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 9 Betblocker ## Notes to the Financial Statements - continued ## for the Year Ended 30 April 2024 ## **2. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||**2024**|2023| |---|---|---| ||**£**|£| |Depreciation - owned assets|**1,710**|1,711| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the year ended 30 April 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023. ## **4. STAFF COSTS** The average monthly number of employees during the year was as follows: ## **5.** |Employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
Raising funds
**Charitable activities**
BetBlocker
Other
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**2024**
2023
**1**
1
Unrestricted
fund
£
75,429
3
31,083
37,144
68,230
7,199
19,237
26,436| |---|---| continued... Page 10 Betblocker ## Notes to the Financial Statements - continued ## for the Year Ended 30 April 2024 ## **6. TANGIBLE FIXED ASSETS** |**COST**
At 1 May 2023 and 30 April 2024
**DEPRECIATION**
At 1 May 2023
Charge for year
At 30 April 2024
**NET BOOK VALUE**
At 30 April 2024
At 30 April 2023
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Accrued expenses
**9.**
**MOVEMENT IN FUNDS**
At 1.5.23
£
**Unrestricted funds**
General fund
**26,436**
**TOTAL FUNDS**
**26,436**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**443,252**
**TOTAL FUNDS**
**443,252**|Computer
equipment
£
**8,554**
**4,420**
**1,710**
**6,130**
**2,424**
4,134
**2024**
2023
**£**
**8,891**
£
7,257
**2024**
2023
**£**
£
**-**
994
**1,920**
1,943
**1,920**
2,937
Net
movement
At
in funds
30.4.24
£
£
**330,996**
**357,432**
**330,996**
**357,432**
Resources
Movement
expended
in funds
£
£
**(112,256)**
**330,996**
**(112,256)**
**330,996**| |---|---| continued... Page 11 Betblocker ## Notes to the Financial Statements - continued ## for the Year Ended 30 April 2024 ## **9. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |A 1.5.22
£
**Unrestricted funds**
General fund
19,237
**TOTAL FUNDS**
19,237|m
Net
ovement
At
in funds
£
30.4.23
£
7,199
26,436
7,199
26,436| |---|---| Comparative net movement in funds, included in the above are as follows: ||I|
ncoming|
ncoming|Resources|Movement| |---|---|---|---|---|---| ||r||
esources|expended|in funds| ||||£|£|£| |**Unrestricted funds**|||||| |General fund|||75,429|(68,230)|7,199| |**TOTAL FUNDS**|||75,429|(68,230)|7,199| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.5.22
£
19,237
19,237|Net
movement
in funds
£
338,195
338,195|At
30.4.24
£
357,432
357,432| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
518,681
518,681|Resources
expended
£
Movement
in funds
£
(180,486)
338,195
(180,486)
338,195| |---|---|---| continued... Page 12 Betblocker Notes to the Financial Statements - continued for the Year Ended 30 April 2024 ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 April 2024. Page 13 Betblocker |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Other interest and charges
**Charitable activities**
Consultant
Software costs
Sundries
**Other**
Wages
Social security
Pensions
**Support costs**
**Management**
Travelling
**Governance costs**
Accountancy and legal fees
Computer equipment
Total resources expended
**Net income**|Detailed Statement of Financial Activities
for the Year Ended 30 April 2024|2024
£
**443,252**
**443,252**
**9**
**28,200**
**35,569**
**2,925**
**66,694**
**37,223**
**-**
**937**
**38,160**
**2,858**
**2,824**
**1,711**
**4,535**
**112,256**
**330,996**|2023
£
75,429| |---|---|---|---| ||||| ||||
75,429
3
13,611
13,372
121| ||||27,104
35,942
309
893| ||||37,144
324
1,944
1,711| ||||3,655| ||||
68,230| ||||
7,199| This page does not form part of the statutory financial statements Page 14