Shopmobility Watford Accounts for the year ended 31 March 2025. Extract from the Shopmobility Watford Constitution "The OBJECTof the Scheme is to relieve persons with disobility in Watford (and district) by providingfacilities in particulor wheelchoirs ond similar equipment with the object of improving their mobility and conditions of life."
Tho Management Committee presents Its rep(xt and accounts for the year ended 31 March %125. The ¢oUThts have been prepwed in accordanc8 With the accountirKJ r)1leS set in note 1 to the accounts and c(xnply wilh the CharitS goveming d(KUM applicable the requireme of the Stanert of ReComnded Prad1. 'AcGounting arKI Rep(xling by Charikn. issued in October 2000. Objects of the charay The chaTity was established by a chble trusl deed on 181h January 1993. The ChlS c¥ecas a to relieve persons wilh disa)ilty in IAÈtford {d distrNX} by providing faciliiie& in partKular wheelchairs and smilar equyment. with the ckniecl of ryroving their md)ilty and corKlilions of Sfe. The sChne is managed by a ccKnmittee of betwn ten and fifteen members •rludIr0 Ihe offi(Ms {Chair, Victrchaii. Seuetsry and Tre&8urer} all of wh(xn are eknted at the Annual General Meeting. It 15 the policy of tre ch that unrestTi(ed furK15 which have rK)t been designd ts a speci use should be maintained at a level equivalent to three month's expendiiure. The trustees consider that reserves at this level will ensure that. in the event of a significant drop in fUnd1J. they wfil be able to continue the chariils current &tivilies while )nsIderat 15 given to ways in which addrtional funds may be rased. This level of reseNes has been maintained thrgh(xrt the year. Risk FactorJ The Markqg8ment Conmniitee has assessed the npior risks to which the charity is exposed. will ensure that SenS pul in place to exposure to the major risks. On behalf of the Managfit CMmittee. -.Dated . if/.iJ. I Trev Lillingion (Chair) Charity No.1017812 Pri1paI Address: The Shopmobilty Offi. GrourKI Flo(x. cit1Pa Church Car Park, Waford, Herts. )18 OBU IndeperKlent Examiner. Zahir Mohanmed 1¥11/2f The accounts were apwoved by the Commiitee on ........................-.
SHOPMOBIUTYWATFORD STATEMEKf OF MANAGEMENT COIAMITfEE'S RESPONSIBIUTIES Law 4vIable to charities in England and Vk+ales requires the Management C(xnmittee to prepare counts for each financial year Mthich give a true and fair view of the ch*itys financial activlies durir¥J the year and of ts financial posiiK)n a the end of the (unless the charity is entil1 to prepare accounts on the altemative receipt and payment basis) In preparing a(zounts giving a true arKI fair view. Management Committee should foll best pra¢A1 and; select suttable accounting policies and then 4)ply them (x)nsistenlly: make judgments and estimates that are reasonable and pnjdert state whether 4)plicable accounling slandards and statements of rec(xnmended praclica have been followed. subj.ect to any departures disclosed and explaned in the accwnts. prepare the accounts the going conwn basis unless il is inapproprth to presume th the chlty wil continue in operation. The ManageTrE committ is responsl)le for keeping acc(nting records which disck)se with reasonab accurw the fina131 posilion of the charity and which ena>le t to ensure that the accA)unts comply with the applic2ble law. It is also responsible ts safeguardirvJ the assets of t charity and hen for taking f&qsonable steps for the prevention and ddection of frd and cther irregularilies.
SHopBIllTy WATFORD CHARrrY REGSTRATION NUMBER 101781Z Annual Report forthe year ended 31° March 2025 The Chaiity 15 administered by a management committee. compnsin& Chainnan Chairman Ice Chairman John Horsfield (stood down as thair resigned as Trustee 4"June 2024) Trevor Lillington (appointed 4 June 2024) Bradley Francis lappointed 4th June 2024) Kate Shall15 (stood down 31st May 2024 resigned a5 Trustee 19th July 2024) Glenda Seal (appointed 19th July 2024) Paul Thompson (stood down as Treasurer4th June 20241 John Cunnane (appointed 4th June 2024) Paul Thompson lappolnted Trustee and VI Treasurer 4 June 2024) Trevor Lillington Secretary Treasurer Treasurer v Treasurer Offir C(¥nmittee Members Kareen Hastrick I51gned April 2024) Chris Hughe5 Laurence Payne Barbara Shepherd Caroline Bagley Nicky Phelan Rick Colyer Trurtee Changes Under the Constituti on individuals appointed to the roles of Chair. Treasurer and Secretary are required to stsnd down On having served 4 year5 in offio. The Con¥nittee would like to pla on record the thanks and appreciation for the hard work and commitment of the team of employees and volunteers without vthom the charity could not operate. The Charity rnaIns dependent upon the support provided by Watford Borough Councll as without the quarterfy grants it would not be possible to continue to operate. The Charity is also able to operate thanks to the accommodation provided free of thar8e by CltiPark Wrthout the support of both these organisations Shopmobility Wafft•rd would be unable to Pride mobility impaired people with the freedom to shop. bank and lunch in Watford town centre. The Trustees are trulygrateful for thls klnd assistance. Shopmobility continues to provide a full servlce operating w days a week. trir the year the Charity received grants totsllire £44271 (£56(W)l in 2024). This income included lottery8rdnt of £6770 (£13540 in 2024). More detslled Infonnatlon Is set out in the notes to these accounts d below. Total income in the year was £134863 (£122055 in 2024.) Costs in the year were £118583 compared to £103869 in the wevious year. Total reser¥es at the I" Aprfl 2024 were £101054 and after a Su15 in the year of £16280 the total reserve at 31" March 2025 a £117334.
As previously reported the Trustees ¥e providing a six day per week Servi to the community suffering with either temporary or permanent mobility issue& H¢)wever the additional costs in providing a six day service are significant. The support provided by the lottery grdnt following the dosure due to Covid has been extremely helpful and very rnuch appreciated. Further details are set out in note 9 to these accounts. The team is committed in finding extra revenue Sour to meet these costs. The team is very focused in exploring further opportunities to raise grants and finanaal support particularty with local businesses. We are confident this will maintain revenue in the coming years. The Chairperson is currently carrying out a review aimed at streamlinin8 the operation. It is expected that on completion this will improve the effiaency of the Servi provided and is planned to dlwelop other income streams. We are however fully aware that our providers of grants are also looking to save money and cut costs. The Trustees are extremely grateful to Watford Borough Council who have indicated they will continue to provide support through grdnts {at a slightly lower level) for the next two years 2025126 and 2026127. The Trustees have produced a cash flow plan for the financial year 2025126 and based on this projection is confident that the will be sufficient reseNes to meet all liabilities as they fall due for a period of three montFts. Trevor Lillingt Chainnan Dated i¥1% Iz S
BAIANCE SHE FOR THE YEAR ENDED 31 MARCH 2025 2024 Tangible a55ets 21041 19773 aosing Stock C3sh at Bank Cash in Transit Cash In Hand Prepayments Net Cuent A55ets io 72 96738 717 99174 1575 84637 Totsl Assets 02 104410 Current Liabilities and Accruals 2881 Net Assets 117334 101054 In¢ome Fund Lottery Restricted Funds 1761 Unrestricted Funds 117334 99293 117334 101054 The accounts were appriNed by the Management Committee Signed Dated
SHOPMOBIiITY WATFORD SfATEMENT OF FINANaALAcnvmES FOR THE YEAR EfvD31 MARCH 2025 Unrestricted Restrirted Totsl 2025 2025 2025 Total 2024 Notes Income Generated in the Year Donations and Legacies Grants Sales/Fund Raising Events Scooter Sales Commission Bank Interest 86038 6770 44271 21(X) 750 58663 56001 37501 2100 750 1704 5214 923 1704 1254 Totsl Inc(wne Resources L2 128093 6770 134863 122055 Charitable Costs and Expenditure Management and Administration Notional Accommodation Costs Maintenance of Chairs Depreaation T¢Aal Charitsble Expenditure 52166 483(Kl 4136 5450 I152 8531 60697 53775 4136 5450 8531 118583 5897 5197 103869 L3 Net Movement in Funds Surplus in Year Transfer between Funds -1761 16280 -1761 16280 1761 101054 Fund Balance at l Aprl 2024 99293 Fund Balawe at 31 March 2025 117334 117334 101054
SHIMKIBILrtY WATFORD STATEMEKf OF FINANCIALACTivmES FOR THE YEAR ENDED 31 MARCH 2025 l Ac£ounting Pollcies 1.1 Basis of preparation The CoUnts are prepared under the historic costconvention The financlal ststements have been ppared in acconlance with the accounting polieiÉ% set out in notes to the accounts and comply with the Charity's governing documenL and "Accounting and Reportirg by Charities; Ststement of Recommended Practice" applicable to charities preparing thor accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by Update Bulletin I published on 2 February 2016). L2 Income Resour5 Income is accounted for in the perfod in vthlch it is reIVed 13 Owritable Expenditure Expenditu is in accordance with the charitable objectives and accounted for in the period to whith it rel3te5. 2025 2024 2 Donations and Legacles Donations and gifts Provision of accommodation 37738 19663 58663 The Management decided in 2(M)8 thatthe a(xounts be amended to reflett a commercial value for the accommodation/facilitie5 pr[de by Qti Park free of charge. This income is shown as a donation and the cost is reported in the accomnYMJation costs. In the finanaal year this has been assessed * a value of £483(2024 £3}. 3 Activities in furtherance of the Chwivs objectives. Unrestricted Restricted Total 2025 2025 2025 Totsl 2024 Grants reIved for charitable activities Lottery Grant reiVed in the year {note 9) 37501 37501 6770 6770 42461 37501 6770 44271 4 Depreciation Fixed assets are stated at cost less depreciation. Depreciation is provtded at rates calculated to write off the cost less an estimated residual value of each asset over rfs experted useful lffe as foll5. Plant and machinery res fittings and equipment 20% reducin8 balan 25% reduang balance
SHOPMOBIUTY WATFORD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted Total 2025 2025 2025 Totsl 2024 5 Managemert and AdminislratlobL Independent Examination Fees In5ufdnce Staff cost EER Nl dit Telephor*. Stalionery and Computer General Rates General Maintenan Trdvel Volunteers Stock Provision Bank Charges Sundries (inc Lottery Licence) 2118 41228 2118 8531 49759 2169 55037 -1(35 1123 1523 1523 2602 2252 812 645 812 645 2590 2590 2341 52166 8531 60697 53775 Totsl 2025 Total 2024 2025 2025 Number of employees in year Full time equivalent Employment costs Salaries and N.1. Nest Pension Scheme 48896 863 49759 977 55037 49759 There were no employees whose annual emoluments were £S0.IKX) or more workpla Pension Employers are required to provide a contributory pension stheme for all employees earni more than L833 pm. Employees earni below the threshold have the option to participate in the stheme. As the Charity does not operdte a pension scheme it may not opt-ouL The Management Committee has decided to set up a stherne with the government sponsored "NestworkpI Pension Scheme. The (harity will make a mmthly contribution of 3% of an employees pay. In orderto estsblish the Stheme it is necessary rf the member requests to back date the entry date to 2019
SHOPMOBILITY WATFORD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 7 Management Committee None of the members of the Managprnpnt Commlttee (or any person ronnected with them) recelved any remuneration during the year. 8 Axed Assets Scooters Equipment Totsl At l April 2024 Additions Di5posa15 At 31 March 25 87375 6718 -2Y34 91699 16546 103921 6718 16546 108245 Depreciation At l April 2024 Disposals Charge for the year At 31 Marth 2025 70657 -2394 13491 84148 763 14254 5450 87204 72950 NEt Bookvalue At 31 Marth 2025 At 31 March 2024 18749 167 2292 3055 21041 19773 9 LotteryGrant On the 7th November 2022 the Trustee of Shopmobility submitted an appllcatlon toThe National Lottery Community Fund for a grant. The award covered a iwo year projectso that the Charity could rebuild the service to the disabled community. The appllcation was successful and set below is the finanaal impxt on the accounts as at 31st Marth 2025. Received Spent in in theyear the year Final Grant received 6770 8531 The Stheme has now been dosed and there are no further grnnts to be reived. The purchase of barfatrlc scTr)ters are shown as a transfer from restricted to unrestricted funds because the purchase has released the restrictwjn and the assets are n(pw bein8 shown as general not restrirted (see page 6)
SHOPMOBILrrY WATFORD NOTES TO THE Accoupirs FOR THE YEAR ENDED 31 MARCH 2025 10 Stock £717 In 2023 the yearthe Charity was contacted by a Mobility retailer in the process of dosing down and wanted to ¢fispose of surplus equipmenL Following a rleW it was agreed to buy equipment at a cost of £2456. These have been offered forsale to users at Shopmobility Watford. As at the pThious year end £717 remained at cost pri. As there has been little movement of these items a further provision has been applied It is not the intention to become a retail trader. Stock Wdlue £717 £645 Stock at cost 1st Aoril 2024 Less: provision Net value at 31st Marth 2025 £72
Independent examinets report the accounts Ii,EdypTr4lwl Examiner's Report 31° 2025 1017812 fthe eIe 3f 2025. KIw8eclKffi 145 ofthp 2011 PdaThJ ITh ¢urywJ cwimy oxaminalh)n. I rSeCti 145(SXb) oflheh 141h W 2025. li
S¥rlioii B Digrlosure Only ojmplele il the examiner nJ5 lo htyltgm materrdt rnatte ol CLKKem