Reglstsrod numbor. 02663660 Charity number 1008897 EAST ANGLIAN DRIVEABILITY LIMITED (A company Ilmlted by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
EAST ANGLIAN DRIVEABIUTY LIMITED (A company IlmSted by guarante•) CONTENTS Page Raren¢0 and admlnlstratlv• d•talls of the Company. Its Trust•ès and advlsers TrustO83' roport Independent examinerfs report S&itement of financlal actlvltles Balance sheet 10-11 Statement of cash 11 12 NotOS to tho financial $tat•ments 13-26
EAST ANGLIAN DRIVEABILITY LIMITED {A company Ilmit by guaranteo) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Mr C D Wright Mr H Bannister (appointed 6 November 2024) Mr J Griffrth (appointed 6 November 2024) Mr P Short (resigned 28 August 2024) Ms V Hull (resigned 28 August 2024) Ms K Paylor-Bent {resigned 6 November 2024) Mr S PeThy Company registered number 02863550 crity Mglstered number 1008897 R•g18tered office 2 Napier Place Thetford Norfolk IP24 3RL Company secretary Mr C D Wright Accountsnts Larking Gowen LLP Chartered Accountsnts 1st Floor Prospect House Rouen Road NOlCh NR11RE Bankers Bardays Bank Pk Bank Plain Norwich Norfolk NR2 4SF Page 1
EAST ANGLIAN DRIVEABILITY UMITED (A company limlt•d by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial statemenls of the Company for the 1 April 2024 to 31 March 2025. The Annual report seNes the purposes of both a Tnjstees. report and a directors, report under company law. The Trustees confim that the Annual report and financial ststements of the charitabl8 company comply with the current ststutory requirements. the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS102) (effective 1 January 2019). Since the Company qualifies as small urKJer section 382 of the Companies Act 2006, the SArategic report required of medium and large companies under the Companies Act 20{ (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectlves and actlvltlvJ a. Pollcles and Objectlves East Anglian DriveAbilty Is an independenl charity that specialises in enabling outdoor mobility. There are two main centres emd several outreaches whith ¢over East Anglia and our centres are fulty accredited by Driving Mobility. The Charitys objectiv aro to provide professional assessment. advice arKI remMendationS to disabled people regarding independent outdoor mobilty, irrespective of whether they are thildren, in mid4ife or elderly people. Whilst there is particular emphasis on driving, advice is also availabk on all other fomis of outdoor mobilty including electric mobilty vehicles. The TN8t18 oslablish. a) To relieve persons with disabililies in the Unlted Klngdom In particular by the provision of medical care facilities and equipment and b) For the preservation and proteclion of good health among persons in the UK c) To relieve and assist people with physical and cognitive impaimients, as well as those people with impaired mobilty, or those who may be vulnerable to such condltlons, by rwon of age or infimity in any way which shall for the lime being be charitable in law, and d) To promote the improvement of standards of driving and the advancement of road safety and travel. Through the achievement of these objectives the charity provides a public benef The Trustees confirm th4 in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefft published by the Charity Commission. Pago 2
EAST ANGUAN DRIVEABILITY LIMITED IA company 11m1t by guarantso) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlev•monts and perforniance a. Revlew of actlvltlos Department for Transport targets In 2024r25 were to conduct 1840 assessments. This was 171 higher than the previous year as referral and assessmant rates were increasing. The actual number of assessments conducted was 20/0 above tsrget and therefore there is no clawback of funding. Next yearfs targets have been capped the same rate by the Dff whllst a spending review is conducted. All outreach servi$ remain busy and waiting tlmes for asgessments are currently averaging 12 weeks as of August 2025. Outreach seNice8 have increased over the year with a new servlce ju8t outside Cambridge and an increase of assessments at Chelmsford and Campsea Ashe. Referral numbers are continulng to increase and this is predomlnantty down to the continuation of presontallons to health profes8ionals and collaborative working with all major referrers. EAD ha5 Continued to run several training sessions for retailers of puwered wheelchair8 arKI mobilty 8COOters whith is buSldlng good links for those who need clinical input when considaring whether a mobilty scooter is the ¢orrect and safe choice. Othor ragular training sessions are given to Essex Police to promote the attemalive to prosecution Fitness to Drive SGheme to ensure road safety of those that may have baen charged with driving without due care and attention. EAD has also supported Driving Mobilty by the CEO being a trustee, worf(Ing on the Operatronal Standards and Accreditalion of all mobilty centras UK wide. Other members of staff have been attending workin9 groups to improve Services. The assessrnents Mmprised this year of 87% dTiving assessments, 9% revith assessments. 3% passeryer assessment5 and 1 % scooter and wheelchalr assessments. This is proportionalty simir to last year. seN1 promotion remains a focus of EAD with presentations delivered both virtually and In per80n. The Regional Transport Hub has received minimal funding for the coming year (2025-26) and is continuin9 in a reduced capacity to those clients that are no longer able to continue to drive. b. Investment pollcy and porlomiance The Trustees again obtained financial athiice regarding the reinvesknent of surplus funds and decided to reinvest in similar FTSE 100 Kick-OLrt plans: a separate plan (èach Original £55,000) matures each Yr. Financial revlew Page 3
EAST ANGUAN DRIVEABILITY UMITED (A company limitgd by guarnntso TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 . Golng concern Driving remains an important part of social slructure and referrals are continuing to rise with targets being exceeded by 20A this year. The increasing number of referrals has meant a small amount of Ihe reserves have been spent to allow for additional staff to be trained but it is expected that this will be realised in the number of assessments conducted in coming years. The Hub is now a recognised gervice within EAD and the demand for the driving tuition savice 18 also nc growiThJ. ft has been necessary to employ addiiional staff to keep up with demand for both turtion and assessments. The trustees have Consider the financial position of the charity and the continued support from Dff and conclude that it is expected to meet this yeafs tsrgets and therefore have a reasonable expectation that the charity will have the resources to continue in operational existence for the foreseeable future. and at least ¥elve months from the date of signing these financial statements. They therefore continue to adopt the going concern basis of accounting in preparing these financial statements. b. RerY pollcy General funds of tha Chaty at 31 March 2025 amounted to £207,914 (2024: £253,495) thls Includes free funds (which excludes tangible fixed assets) of £119.588 (2024: £156,850). Thls Sum has arisen from prudenl investmenl of surpluses when these occurred. The reserves are held to smooth the flow of monies from one year to another, to provide resources for training needs, and as a means of financing the cost of adminigtration of the Charity. The Trustees feel that ti Is prudent for them to retain reserves sufficient to Cover three months of running costs and possible redundancy costs were the Charity ever to have to cease. The Trustees consider the Charity has adequate reserves. As at 31 March 2025 restricted funds amounted to £71,244 (2024: £55,024). Further details on the nature of the restrictions are explalned within note 14 of these financial statements. East Angllan Driveability are grateful for the continued support from the Department for Transport (Dff). General unrestricted funding of £689.112 {2024: £637,221) was recewed during the year from Dff. The Hubs Mobilty Advice Service was funded at a total annual income of £38,500 {2024.' £38,700). The Trustees are prepared to expend from the General reserve rf they feel that a good case has been made for doing so. The Trustees will review the policy annually. Structure. governanco and management a. Constitutlon The Company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 18th November 1991 and registered as a charity on 27th February 1992. b. Methods of appolntment or electlon of Truste The management of the Company is the responsibilty of the Trustees who are elected and co-opted under the tenns of the Memorandum of Association. Page 4
EAST ANGLIAN DRIVEABILITY LIMITED (A company lim11 by guarante•) TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure. governance and management (conlinuod) c. Organlsatlonal $tru¢turo and declslonwmaklng pollcles The Charity Tg controlled by its Trustees. Under the companls Artide of Associatlon. the TNStees are admitted In S¢d•nce with the rules made under Article 38, and must be approv by the Trustee8. The Trustees are appolnted by election on a plerIned rotational basis. The Trustees who served during Ihe year and up to th• date of this report are sel out on page 1. Additional and replacemenl Trustees are sort through advertisement and invitation by staff and existing Trustees to apply for the position. All w Truslees are votsd on during the AGM. Trustees are given an induction manual and oveNiew of the organisation. Induction Includes background to mobilty centres and tha work of our umbrella organisation Driving Mobilty, liabiliti88 of Trustees. guidance on the role of Trustees, model job descriptions for Chair. Company Sècretary and Treasurer, model job description for a Trustee of the Charity. model code of conduct for Trustees, Memorandum and Articles of Association for EAD and Poli¢y on Declaration of Interests. Trustees are invited to visit tha as8&8sment centre and either experience an as8essm8nt or sit in on an assessment with permi&8ion of the client. lembers of the charitabte company guarantee to contribute an amount not exceedlng £1 to the assets of the charitable company in the event of winding up. The total number of such guararrtees at 31 March 2025 was 4. d. Pay pollcy for ¥enior staff The ramuneration for senior stsff is detennined by the Board of TTUStees. Remuneration is subject to periodi¢ market reviews and independent evidence and advice is obtained to Inform the de¢ision-making procass, before any changes are made. Any proposed change8 will be recommended to the Board of Trustees for consideration and approval. In additron, the remuneration for sentor staff will be Subject to annual revlew as part of the organisation's evaluation of pay inflatlon and consequential recommendalions to the Board of Trustees to make a pay award, If any. The Trustees receNed no remunèration for their lime during the year. e. Rlsk Management The Trustees have as85ed the rnajor risks to which the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risk8. The principal risk is loss or reduction in our Departmenl for Transport (Dff) funding. However funding is secured for 2025126, our relationship with Drr is good, and there is no Indication this wlll not continue. Page 5
EAST ANGUAN DRIVEABILITY LIMITED IA company Ilmlted by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods Explore opening an outreach eentre in the Southend area to reduce travel time for clients, reduce waiting list and compty with Dff aims. To increase the number of powered wheelchair and mobilty scooter assessments that are undertaken. To consolidate the driving tuition Servi at main ntre8 and expand to include theory test support. To continue our digital marketing and the abilty to reach a wider range of clients. Slatement of Trusteos. responsibiliti05 The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Uniied Kingdom G•neralty Accepted Accounting Practice). Company law requires the Trustees to prepare financial statemenls for each financial . Und8r ¢ompany law, tha TnJst&s must not approve the financial statements unless they are satisfied that they glve a true and fair view of Ihe slate of affairs of the Company and of its incoming resour¢es and application of resources. including its income and expenditure, for that period. In preparing these financial Statements, the Trustees are required to: select suitable accounting policies and then apply them consi8tently; obseNe the methods and principles of the Charitie$ SORP (FRS 102); make judgments and accounting estimates that are reasonable and prudent,, state whether applicable UK Accounting Standards (FRS 102) have bn followed, 8ubject to any material departures discfosed and explained in the financial statements,. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to shw and explain the Company's transactions and disclose with reawnable accuracy at any time the financial posilion of Ihe Company and enable them to ensure that the financial statements compty with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps lor the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by: Mr J Grlffith (rrustee) Page 6
EAST ANGUAN DRIVEABILITY LIMrrED (A company Ilmlted by guaMnt•g) INDEPENDENT EXAPAINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Ind•pondent examlnerfs report to th• Trust•os of Ea8t Angllan Drlveablllty Limited ('the Company,) I report to tho tharity Trustees on my examinalion of the accounts of Ihe Company for the year ended 31 Mar¢h 2025. Re8ponglbllltte8 and bas18 of report As Ihe Trustee8 of the Company {and ils directors for the purposes of company law) you are responsible for the preparalion of the accounts in accordance with the requlrements of the Companies Act 2006 ('the 2006 Acr>. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I réport in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 (Ihe 2011 Acf). In carying oul my examinatlon I have followed the Directlons given by the Charity Commission under section 145(5){b) of the 2011 ACL IndOnd•Tht oxamlnerfs statement Since the Company's gross income exceeded £250,000 your axaminer must be a member of a body listed in section 145 of tha 2011 Act. I confimi that l am qualified to urKlertake the examination because l am a member of the Inslltuie of Chartered Accountants In England and Wales, whith is one of the listad bodie8. I have completed my examlnatlon. I confirm that no matters ha come to my attention in connection with thè examination giving me cause to believe: accounting records were not kept in respecl of the Company as raqulred by section 386 of the 2006 Act: the acmunts do not accord with those records: or the accounts do not comply with the accounting requirements of section 396 of the 2006 Ad other than any requlrement that the accounts give a 'tru• and fairf view which is not a mattar considered as part of an independent examination. or the accounts have not beén prepared in accordance with the methods and prlnciples of the Statement of Recommended Practice for accounting and reporting by charities [appli¢able to charities preparing their acc¢unts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in conn•ctlon with the examination to which attention should bo drawn in this report in order to enable a proper understanding Of the a¢¢ounts to be reached. Page 7
EAST ANGLIAN DRIVEABIUTY LIMITED (A company Ilmltad by guarante•) INDEPENDENT EXAMINER'S REPORT IcoMllNUED) FOR THE YEAR ENDED 31 MARCH 2025 This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charitles (Accounts and Reports) Regulations 2008. My worf( has been undertaken so that I might State to Ihe Company's Trustees those matters l am required to state to them in an Independent examinefs report and for no other purpose. To the fullest extent pemiitted by law, I do not accepl or assume responsibilty to anyone other than the Company and the C¢mpanWs Trustees as a body, for my work or for this report. lis Signed: Christopher Yeat•s FCA DChA Larking Gowen LLP Chartered Accountants 19 November 2025 Page 8
EAST ANGLIAN DRIVEABILITY LIMrrED (A Company limitad by guarantse) STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2026 Unrestrkted funds 2025 Restrfcted funds 2026 Total funds 2025 Total funds 2024 Income from: Donalion8 and legacies Charitable activitie5 Inveslments Other inccmne 689,262 236.586 289 727,762 236,586 674921 177,449 674 11,098 Total Income 926.137 9H637 865, 142 Expendituro on: Chariiabla aclivities 993.952 22,280 1.016,232 896,545 Total •xpondlture 993,962 22,280 1.016,232 896,545 Not1oxpendlture>nncomo bofore net gaing on investments Net gains on investrnents I8715) 22334 16.220 161,595) 22.234 (31,403) 2.112 Net movemont In funds (45.581) 16,220 (29.361) (29.291) conclllation of fund5: Total funds brought forward Net movement in funds 253.495 {45.681) 55,024 16,220 308,519 129.361) 337.810 (29.291) Totsl funds carrled forward 207,914 71,244 279.168 308,519 The Statement of financial activities includes all gans and losses recognised In the year. The notes on page5 13 to 26 fonn part of these financial statements. Page 9
EAST ANGLIAN DRIVEABIUTY LIMITED IA company Ilmlted by guarantee) REGISTERED NUPABER: 02663550 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Not• Flxed assets Tangible assets Investments 10 11 88.326 183,923 96,645 171,689 272,249 268,334 Curront assets Debtors 12 37.558 66,212 41,742 41,305 Cash at bank and in harKI 103.770 83,047 Current liabilitie¥ Cr•dllors". amounls falling due within one 13 (96,861) (42,862) Net current assets 6.909 40.185 Total net assets 279,158 308,519 Charity funds Restricted fvnds Unr8strict8d funds 14 14 71.244 207.914 55.024 253.495 Totsl funds 279.158 308,519 Page 10
EAST ANGUAN DRIVEABILITY LIMITED (A company limited by guaranteo) REGISTERED NUMBER: 02663550 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2026 The Company was entftled to exemption from audit under s•clion 477 of the Companies Act 2006. The members have not required the company to obtsin an audit for the year in question in accordance with section 476 of Companies Acl 2006. The Trustees acknowledge their responsibilities for comptying Mnth the requirements of the Act with wpect to a¢¢ounling records and preparatlon of financial statements. The financial statsments have been prepared in accordance with the provisions appllcable to entities subject to the small compani•9 regime. The finan¢ial statements were approved and authorised for i&sue by the Trustees and signed on their behalf by: MrJ Grlfflth (rruslee) The notes on pages 13 to 26 form part of these financial statements. Page 11
EAST ANGLIAN DRIVEABILITY LIMITED (A company Ilmlted by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2026 2024 Cash flows from operatlng actlvltles Net cash used in operating activities 20.533 (21.917) Cash flows from Investlng actlvltles Proceeds from the sale of langible fixed assets Purchase of tangible fixed assets Proceeds from sale of investments Purchase of Investments 9,525 (34012) 15,626) 104W) (94,840) Net cash provlded byl(used In) Investlng actlvltles 4.374 (28A87) Change in cash and cash equivalents An the year Cash and Cash equivalents at the beginning of the year 24907 41,305 (50.404) 91.709 Cash and cash equlvalents at the end of the year 66.212 41,305 The notes on pages 13 to 26 fomi part of Ihese finan¢ial ststements Page 12
EAST ANGUAN DRIVEABILITY UMITED IA company Ilmtted by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 G•neral Inforniation East Anglian Driveability is a charitable company limited by guarantee, Gharity number 1008897 and company number 02663550. The registered office is 2 Napier Place, Thetford, Norfolk, IP24 3RL. Accountlng pollcles 2.1 Bas18 of proparntion of flnanclal stat•m•nts The financlal statsments have been prepared in accordance wlth the Charities SORP (FRS 102) - Accounting and Reporting by Charitles: Statement of Recommènded Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. East Anglian Drlveabilty Limited meets the definition of a public bonefft entity under FRS 102. The financial statements have been prepared under the historical cost convention unless otheThvise specified within these 8cc¢unting policies. The financlal Statements are prepared in sterling which 1$ the functional currency of the Company rourKled to the nearest £. The Company is a company limitéd by guarantee. The mwnbers of the Company are the Truslees named on page 1. In the event of the Company being wound up, the liabilty in r•8pect of Ihe guarantee is limited to £1 per member of the Company. 2.2 Golng concern Driving remain8 an important part of goclal structure and referrals are continuing to rise with targets being exceeded by 20A this year. The increasing nurnr of referrals has meant a small amount of the reserves have been spent to allow for additional staff to be trained but rt is expected that this will be realised in the number of a&sessments Conducted in coming years. The Hub Is now a recognised 8ervi¢e within EAD and the domand for the driving tuitkjn Service is growlng. It has been necessary to employ additlonal staff to keep up with demand for both tuition and as8essments. The trustees have considered the financial position of the charity and the continued support from Dff and conclude that It is expected to meet this yearfs targets and therefore have a reasonabla expectation that the charity will have the resources to continue in operational existence for the foreseeable future, and at lea8t twelv• months from the date of signlng these financial statemenls. EAD ar• expected to meet this yearfs largets and therefore continue to adopt the going concern basis of accounting in preparing Ihese financial statements. Pag8 13
EAST ANGLIAN DRIVEABILITY UMrrED {A company limited by guarant•o) NOTES TO THE FINANCIAL STATEPAENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles (eontlnued) 23 Income All income is rognISed once the Company has entitlement to the income. it is probable that the income will be received and the amount of income receivable can be rneasured reliabty. Grants are included in the Statement of financial adivities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shchvn in the relevant funds on the Balance sheet. Where incorne is rettived in advance of entitlement of receipt. its recognition is deferred and included in ¢reditors as deferred income. Where entitlement occurs bafore Incom8 is r•ceived, the income 18 accrued. 2A Expendlture Expenditure is re¢ognwl once there is a legal or ¢onstw¢tive obligation to transfer economic ben•frt to a thlrd paty, it is probabk that a transfer of economic benefts will be required in settlement and the amount of the obligation can be measured reliabty. Expendlture is dassified by activty. The costs of each activty are made up of the total of direct ¢osts and shared costs, including support costs involved in undertaking each activty. Direct costs attributable lo a single activty are allocated direclly lo that activity. Shared costs which contrtbute to more than one actmty and support costs which are not attributable lo a single activty are apportioned beiween those activities on a basts consistent wilh the use of resources. Central staff costs are allocated on Ihe basis of time spert and depreciation charges allocated on the portion of the assevs use. Expenditure on charitable activibes is incurred on dirth undertaking the activities whith further the Company's objectives, as well as any associated support costs. Charitable activities and Governance costs are costs in¢uThed on the Company's operations including support costs and costs relating to the governance of the Company apportioned to charitable actNrties. All •xpenditure is inclusiv8 of irrecoverable VAT. 2 Interest recelvable Interest On funds held on deposit is included when receivable and the amount can be measured rellably by the Company; this is normally upon notification of the intsrest paid or payable by the institution with whom the fund3 are deposited. Page 14
EAST ANGLIAN DRIVEA8ILITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles (continuod) 2.6 Tanglble flxed assets and depreciation Tangible fixed assets are Carried at ¢0gt or valuation, net of depreciation and any provision for irnpaifment. Depreciation is not charged on freehold land. Depreciation is charged so as lo alk)cate the cost of tangible fixed assets less their idUal value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following bases: Freehold propety Motor vehicles Fi*(ures and fitting5 Computer equipment Improvements to property - no depreciation charged 10% or25% SL -25%SL -25%SL - 10% or250A SL Z7 Investments Fixed asset Investments are a form of financial instrument and are initially recognised at their transaclion cost and subsequently measured at falr value at the Balance sheet datè, unless the value cannot be measured reliably in which case tt is measured at cost less impainnent. Investment gain8 and10&8es, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on investments. in the Statement of financial actmties. 2A Debtorn Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade dlscounts du6. 2.9 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investrnents wilh a short maturity of three months or less from the date of acquisition or opening of the deposit or similar accounL 2.10 Llabilltles and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event. it is probable that a transfer of economic benefft will be required in settlement, arKI the amount of the settlement can be estimated reliabty. Liabilities are recognised at the amount that the Company anticipates l( will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre4ax discount rate that reflects the risks specific to the Itabilty. The unwinding of the discount is recognised in the Statement of financial activities as finance cost. Page 15
EAST ANGUAN DRIVEABILITY UMrrED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (contlnued) 2.11 Financlal Instruments The Company only has financial assets and financial liabilities of a kind that qualfy as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequentty measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.12 Pensions The Company operates a defined contribution pension 8cheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year. 2.13 Fund accounting General fund8 are unrestricted funds which are available for use al Ihe discrelion of the Trustees in furtherance of the general obj'eclives of the Company and which have not been designatod for other purposes. Restrlcted funds are funds which are to be used in accordanco with specific restrictions imposed by donors or whrch have been raised by Ihe Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restrl¢t¢d fund is set out in the notes to the financial statements. Investment income. gains and losses are allocated to the appropriate fund. Income from donations and grants Unrestricted Restrlcted funds funds 2025 2026 Totsl funds 2025 t)onations and kgacies Grants 150 689,112 160 727,612 38.500 689.262 38,500 727.762 Page 16
EAST ANGLIAN DRIVEABILITY UMITED (A company limlted by guarantse> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Incomo from donallons and grants (contlnu•d Unrestiicted Restn'cted runds funds 2024 2024 Tot81 funds 2024 Grants 637,221 38,700 675,921 Income from charltable actlvltles Unrestrlcted funds 2026 Total funds 2025 Assessment fees Other income 218,545 18,041 218.645 18,041 236,588 236,686 Unrestncted fvJJds )24 Tot81 funds 2024 Assessment Fees Other income 167, 726 9, 723 167. 726 9. 723 177,449 177.449 Page 17
EAST ANGUAN DRIVEABILITY UMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Investment Income Unrestricted funds 2025 Totsl funds 2025 Interest received 289 Unffjstiicted funds 2024 Tot81 funds 2024 Interest received 674 674 Anatysls of exp•ndfturn by actlvltl83 Actlvftles und•rlaken dlrectly 2025 Support Tolal funds 2025 2025 Assisting those with impaired mobilty and training 924.916 91.316 1.016.232 Actiwfies undertaken d1cUY 2024 Support costs 2024 Total fvnds 2024 Assisling those with impaired mobility and training 809,4t4 87,131 896,545 Page 18
EAST ANGLIAN DRIVEABILITY UMITED (A company Ilmlted by guarnntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Analysls of •xpendlture by activit188 (contlnued) Analy•is of direct costs Total funds 2026 Total funds 21Y24 Staff cost8 Driving Instruclors Rent & premises Postage, stalionery & advertising Motor & travelling Computer Expenses staff welfare & training 764,212 646,354 68.639 12.964 46N72 24,374 7.860 58,887 13,919 59,379 24,898 5.977 94916 809.414 Anatysls of support costs Total funds 2026 Total funds 2024 Light & heal Water rates Insurance Telephone Cleaning & hou8d(eeping Irrecoverable VAT Bank charges Deprecialion Sundry Accountancy Legal & professional fees 10,675 14,640 4.247 13.237 2.237 96 8.215 1,388 11,682 16,612 4.787 9.237 1.671 13,945 13,182 5,378 12,382 91.316 87.131 Page 19
EAST ANGLIAN DRIVEABIUTY LIMITED (A company Ilmlted by guarantso) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Ind•p•nd•nt •xamlnetr8 r•muneratlon Thè ind8pend8nt 8xaminefs rnmunèration amounts to an independent &Yaminer fee of £2.500 (2024 - £2,370). Staff costs 2026 2024 Wages and sajaries Social security costs Contribution to defined contribution pension schemes 695.701 50.598 17.913 583,27T 49,662 13.415 7H212 646,354 The average number of persons empbyed by Ihe Company during the year wa5 as follows: 2025 No. 2024 No. Management Assessors Administration Fleet & Maintenance 19 17 25 No employee recetved remuneration amounting to more than £60,000 in either year. The totsl employee benefrts of the key management personnel of the Charity were £161.184 (2024: £68,905). This increase is as a result of increasing the number of employed individuals classified as key management team to 3 employees (2024: 1). Trust•e8' remuneration and expenses During the year, no Trustees received any remuneration or other beneffts (2024- £NIL). During the year ended 31 March 2025. expenses totalling Q3 re reimbursed or paid directly to 1 Trustee (2024- no reimbursement) for travel to board meetings. Page 20
EAST ANGLIAN DRIVEABILITY UMITED {A company lim1t by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 10. T•nglbl• flxed assets Freehold Motor Fixtures and Computer Other rued property vehicles fftllngs equipment assets Tolal Cost or valuatlon At 1 April 2024 Additions 83A02 117.788 87N17 3,388 45.604 2.238 112.550 446.661 5.626 At 31 March 2025 83,302 117.788 90,805 47.842 112,660 452,287 Depreclallon At 1 April 2024 Charge for the year 20.008 94.147 8,930 85,952 1.577 46.216 754 104693 2.684 350.016 13.946 At 31 March 2025 20.008 103,077 87,529 45,970 107.3TI 363.961 N•t book valu• At 31 March 2025 63,294 14,711 3,276 1.872 5.1n 88.326 At 31 March 2024 63,294 23,641 1,465 388 7,857 96,645 Froahold property is not depreciated because the Trustees consider the estimated residu81 value of the asset is nol materially different from the canying value. Page 21
EAST ANGLIAN DRIVEABIUTY UMITED IA company limlted by guarantee) NOTES TO THE FINANCIAL STATEIIJENTS FOR THE YEAR ENDED 31 MARCH 2025 11. Flxed a880t Inv•stm•nt8 L18ted Investments Cost or valuatlon At 1 April 2024 Additions Disposals Revaluations 171,689 (104,840) At 31 March 2025 183,923 Net book value At 31 March 2025 183.923 At31 ma 2024 171.689 Fixed assel investments represent investments in SE 100 Kick•DUt deposit plans. 12. Debtors 2024 Due wlthln one year Trade debtors other debtors Pr•Pan&nts and aeLrued income 15,636 14,652 5,161 21,929 21 22 37,SS8 41,742 Page 22
EAST ANGLIAN DRIVEABILITY LIMITED IA company limited by guarantoè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Creditorn: Amounts falllng due wlthln one year 2025 2024 Trade Creditors Olher tsxalion and social s•curty Olher Creditors Accruals and deferred in¢om• 24,991 32.641 739 38N90 12.557 12,449 11,854 96061 42,862 14. Statem•nt of funds Statement of funds • curront y•ar Balance at 31 March 2026 Balance at 1 Aprll 2024 Galnsl (Lossos) Income Exp•ndltur• Unrostricted funds General Funds 926,137 (993.952) 22,234 207.914 Restrlcted funds Regional Transport Hub 55,024 38,500 121280) 71.244 Total of fund• 308.519 9H637 {1,016,232) 279,158 The Regional Transport Hub restricted fund repr888nts funding received to set up and run an advice and trarning seNice for those people within East Anglia who are no longer able to drive or those who will never be able to drive. It was also used to collate information on services currently available for transport and wilh a view to reducing social isolalion and loneliness. Money from this fund has been used to pay for stsff salaries and training, a vehicle with running costs, stationery, leafiets and marketin9 etc. Page 23
EAST ANGLIAN DRIVEABILITY LIMITED IA company Ilmlted by guarante•) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2025 14. Stat•m•nt of funds (contlnuedl Statement of funds - prfor year B818nce 8t 3tMa 2024 B818nce at l Ap 2023 Gain (Losses) Income Expenditurn Unrestricted funds Gener81 Funds 299,406 826.442 (874.465) 2,112 253,495 Restricted funds Regional Transport Hub 38.404 38.7LXI (22,080) 54024 Total of funds 337.810 864 142 (89¢545) 2,112 308,519 l& Analysis of net assets betvKen funds Analysls of not assets between fvnds - CUTrent year Unre8trlcted Restricted funds funds 2025 2025 Totsl funds 2025 Tangible fixed a88ets Fixed asset investments Current assets Creditors due within one year 88,326 183.923 32.526 (96,861) 88,326 183,923 103.770 (96,861) 71,244 Total 207,914 71,244 279,158 Page 24
EAST ANGLIAN DRIVEABIUTY LIMITED (A company limlted by guarantee) NOTES TO THE FINANCIAL sTATEMErs FOR THE YEAR ENDED 31 MARCH 2026 IS. Analysls of net assèts bthn funds (continued) Analy8h of n•t assets between funds . prlor year Unr88ts7Ct8d Reslricted funds funds 2024 224 Total funds 2ff24 Tangible fixed assets Fixed asset investments Current assets Creditors due within one year 96,645 171,689 24023 (4Z862) 96.645 171.689 83.047 (42.862) 55.024 Total 253,495 55.024 308,519 16. R•con¢lllatlon of net movement in funds to net cash flow from operating actlvltle8 2026 2024 Net expenditure for the year (as per Stslement of Financial Activities) (29,361) (29,291) Adjustments for: DepreGialion charge8 Gains on investments Decrease in debtors Increasel{decrease> in creditors 13,945 (22,234) 4.184 53.999 11,682 (2, It2) 10,981 (11177) Net cash provld•d byl{used In) operating activities 20.533 (21,917) 17. Anaty818 of Gash and cash equlval•nts 2025 2024 Cash in hand Nolice deposts (less than 3 months) 26,422 39,790 1.791 39.514 Total cash and cash equivalents 66.212 41,305 Page 25
EAST ANGLIAN DRIVEABILITY LIMITED IA company limltad by guarnnt••) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2025 18. Analysis of changas In not debt At l Aprll 2024 Cash flows At 31 March 2025 Cash at bank and in hand 41,306 24.907 66,212 41.306 24.907 66,212 19. P•nsion commltmants The Company operates a defined contributions scheme. The pension cost charge repr&8ents contributions payable by the Company to the fund and amounted to £17.913 (2024: £13,415). Opgraling lus• commltments Al 31 March 2025 the Company had commitmènts to make future minimum lease payments under non cancellable operating leases as follows: 2025 2024 Wrthin 1 year Between 1 and 5 year¥ 22,766 1.286 19.663 20.217 Total 24.041 21. Related party transactlons There were rK) related party transactions in either the current or preceding year. Page 26