CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees HIGH WYCOMBE SHOPMOBILITY On accounts for the year ended 3110312024 Charity no (if any) 1040164 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Yhe Trusy,) for the year ended 31103 12024. Responsibilities and basis of report As the charity's trustees, 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 the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examinerfs statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charff(ies Act. or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems 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. Signed: Dats: 0511212024 Name: UMAIR MANIR ACA Relevant professional qualification<s) or body (If any): ICAEW Address: 18 LONGL4ND WAY HIGH WYCOMBE, BUCKINGHAMSHIRE HP12 3UN IER Oct 2018
Section B Disclosure Only complete if the examiner needs to highlight material matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. NIA IER Oct 2018
HIGH WYCOMBE SHOPMOBILITY STATElhENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrg¥tricted Funds Restrfcted FL¢nds Total Funds YIE 3110312024 Tofal Funds YIE 3110312023 Note Ineome and Exp0nditur6 Incoming Resources Grants Collecting Box8S Fund Raising Activbtias Donations Interest & Gtft Aid Hir8 Charges Profit on Sale of Fixed Assets Total Incoming Rosources 6,000 2,919 6,777 42,313 2,005 6,136 910 6,910 2.919 6.777 42.313 2,005 6,136 11,500 4,385 8,329 41,058 1,391 7,024 106 73,794 66,150 910 67.060 Resou¢$ Expgnded Co-ordinators, & Assistsnts S818ries Staff Expenses (MI3ge, phone, ètel Volunteer Expenses Training Expenses Building Repairs. Maintgnance & Cleaning Equipment Pur¢hase Equipment Repairs & M&intènanee Printing Stationery Postage Telephone Insurance Legal Fees WDC Rates Electricity (New since Decemb8r 20231 Publicity Subscriptions Provision for Depreciation Loss on Sale of Fixed Assèts T?tal Rosourcts Expènded 58,321 618 58,321 618 55,685 1,431 395 2.057 353 3,154 1,387 239 2,103 1.387 988 2,103 749 436 24 1.251 1.868 3,077 436 24 1,251 1,868 3,8g2 55 1,070 1,795 815 1,567 1.567 43 230 4.749 43 230 4.749 286 230 7,684 74,345 3,131 77,476 74,195 Net Incominlotgolngl R•sourc befor8 Transfer5 4,195 .2,221 -10,416 402 Transfers Purchase ol Vehicks with Ro3tricted Funds Net Incomlnglloutgolngl Resoureès for the Year ,195 -2,221 -10,416 402 BalanS brought forward at 1 April 2023 148,127 2,221 150,348 150.750 Balances ¢arrfed fOard at 31 March 2024 139,932 139.932 150,348 The notes on pages ..3.. to ..6.. fomi part of these aOUnt$
BALANCE SHE AS AT 31 MARCH 2024 Note 2024 2023 Fixed Assets Tangible Fixed A8s6Is 5.545 10.294 Current Assots Cash al Bank Prepayments 135,954 140,054 Current Llabllltlgs Sundry Creditor 1.567 Not Current Asséts 134,387 140,054 Total Assets less Current Llabllltlgs 139,932 150.348 Net Assets 139 932 150 348 Funds Unrestricted R6slricted 10 139,932 148,127 2,221 139 932 150 348 The Charities Act requires the Trustees lo prepare financial slalements for each financial year which give a true and fair view of tho siale of affairs of the charity al the year end and of the surplus or deficit for the year Ihen ended. In preparing these financial ststemenls, the Trustees are required lo select suitable accounting Policies and then apply them on a consistent basis, making judgements and eslimales Ihal are prudent and reasonable. The Trustees musl also prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity wll continue in business. Approved by Ihg Board of Trustees on....... .. and signed on its behalf by........... Chaimian SIMP4 Dc.fM<R The notes on pages ..3.. to ..6.. form part of these accounts
HIGH WYCOMBE SHOPMOBILITY NOTES TO THE ACCOUNTS 202312024 STATEMENT OF ACCOUNTING POLICIES Basis of accountin These accounts have been prepared under the historical Cost convention with items recognised at cost or transaction value unless othemise stated in the relevant notels) to these accounts. The financial statements have been prepared under the historical cost convention and are in accordance the Statement of Recommended Practice.. A¢¢ounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued on 16 July 2014 and with the Charities Act 2011. The financial statements have been prepared on the assumption that High Wy¢ombe Shopmobility are a going concern and will continue their operations in the foreseeable future - please see Trustee Report for further details. The charity constitutes a public benefit entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 update Bulletin 1 not to prepare a Statement of Cash Flows. Reco nition of incomin resources These are included in the Statement of Financial Activities when: the charity becomes entitled to the resources- it is more likely than not that the trustees will re1ve the resources., the monetary value can be measured with sufficient reliability. enditure Expenditure is included in the Statement of Financial Activities on an accruals basis inclusive of VAT. Liabili reco nition Liabilities are recognised where it is more likely than not that there is a legal or Constructive obligation committing the charity to pay out resource5 and the amount of the obligation can be measured wrth reasonable certainty. Fixed Assets Fixed assets used by the Charity have been capitalised {if valued at more than £500) on the basis of their historical cost. Fixed assets are depreciated over the following periods.. Vehicles 4 years Office Equipment 4 years Computers 3 years HIGH WfCOMBE SHOPMOBILITY STATUS High Wycombe Shopmobility has been operating as a charity throughout the whole of this accounting period. GRANTS This year High Wcombe Shopmobility received a grant of £6,000 from Buckinghamshire Lotto, and £910 from the High Wycombe Community Board towards the purchase of more economical heaters.
COLLECTING BOXES This income is raised through Collecting boxes placed in and around High Wycombe, and by volunteers when out and about in High Wycombe. The boxes are emptied and banked weekly. FUND RAISING This relates to income received as a result of fund-raising activities. In the year to 31 March 2024 money was raised from the following activities- Unrestricted.. 2024 2023 Table-Top Sales Easterlsummerlxmas Draw Fund Raising Events Wycombe Lotto 2,877 903 2,674 323 5,041 782 2.042 565 8,329 DONATIONS 2024 2023 Unrestricted.. Anonymous & Assorted Eden M Hibbert Haggle Pictures P Buckland Hydrotec Instron Belle Vie Care KGB Cleaning DA AC Ltd D Biscoe Spring Hill Lettings FOHWS 5,695 32,000 50 2,991 36,200 90 500 90 50 500 3.000 250 100 500 78 1,277 Restricted: 42.313 41,058
INTEREST & GIFT AID 2024 2023 Nationwide Building Society Gift Aid 45 2,005 1,340 2,005 1,391 PAID EMPLOYEES This year Last year Salaries and wages 59,348 52,581 Social security costs 2,698 2,482 Pension costs (defined contribution pension plan) 2,221 1,685 Other employee benefits Totsl staff costs 64,267 56,748 Average head count in the year This year Number Last year Number The parts of the charity in which the employees work 1.25 Charitsble Activities tsovernan¢• Total 6.25
FIXED ASSETS V8hicles Office Equipment Total Cost at 1 April 2023 Additions Disposals 42,939 3,512 46,451 -2,550 -2.550 at 31 March 2024 40,389 3,512 43,901 Accumulated Depreciation at 1 April 2023 Charge for year Disposals 33,757 4,287 -2,550 2,400 461 36,157 4,749 -2,550 at 31 March 2024 35,495 2,861 38,356 Net Book Values at 31 March 2024 at 31 March 2023 4.894 9,182 651 5,545 10,294 10. FUNDS The Designated Fund relates to the Reserves Policy which is reviewed at the quarterly management meetings, and equates to approximately one year of running costs of the Charity. Opening Balancè April 2023 Closing Balanc8 March 2024 Incoming Outgoing Restricted Unrestricted - Designated Unrestricted - General 2.221 910 -3,131 70,000 5,000 75,000 78,127 66,150 -79,345 62,932 150,348 72,061 2.476 139,932 11. RELATED PARTIES None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related ent'ty.
Annual Summary 2023 - 2024 Trustees, Annual Report Year ended 31 March 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Legal and Administrative Information Registered Charity Number: 1040164 Chairperson: Simon Dormer Vice Chairperson: Kathy Dix Treasurer: Sarah Fismistr Secretary: Peter Stockwell Trustees: Claire Mcmackin, David Griffin, Jane White, Jennie Le Fevre, Cllr Lesley Clarke OBE, FRSA, Roger Hagon Registered Office: 2 Newlands Meadow, High Wycombe, Buckinghamshire, HPII 2BZ Independent Examiner: Umair Manir ACA Bankers: Lloyds. 27-31 White Hart Street, High Wycombe, Buckinghamshire, HPII 2HL Structure, governance and management- High Wycombe Shopmobility is a registered charity who is th governed by a constitution; the constitution was adopted 18 April 1994, amended 7th June 1999, th th amended 30 July 2001, amended 16 June 2015, amended 25th June 2020.The Charity is managed by 3 board The Executive Committee which consist of not less than eight members and not more than twelve members, following the rules as set out in the constitution. They meet five times a year. The Charity is run by the trustees who all act in an honorary capacity. A new trustee would receive copies of the previous years, Annual Report and Accounts and advised to read the Charity Commission's leaflet 'The Essential Trustee: What you need to know,. Reserves Policy- High Wycombe Shopmobility h35 a reserves policy which is reviewed at the quarterly management meetings, its wording is: We the Trustees of High Wycombe Shopmobility intend to keep in designated reserves the sum of £75,000 which equates to approximately one years running costs of the charity. This money is to enable financial liabilities to be met should there be a shortfall of income in any financial year. It may also be used to meet any unplanned expenditure or special projects as agreed by the Trustees. The money will be used to meet the costs of closing the charity should it become necessary. This policy will be reviewed quarterly at the scheduled meeting of the Trustees and amended as required.
Manager's reports- The manager presents a quarterly report to the Executive Committees quarterly meetings and an Operation Report to their AGM and attends their meetings to discuss any concerns raised. The most recent report is below;_ Our Mission Statement- Shopmobility is an independent registered charity offering the free daily loan of mobility scooters, manual and powered wheelchairs to access High Wycombe Town Centre. We aim to promote independence and enhance daily living for anyone with limited mobility whether temporary or permanent. Our opening hours are Monday to Saturday 9.30am to 16.45pm and on Bank Holidays 12.00 to 15.45pm. We are closed on Sundays. High Wycombe Shopmobility opened in April 1994 and became an independent registered charity on 24th October 1994 and we celebrated our 25th Anniversary in June 2019. The Management Committee meets five times a year and consists of a Chairperson, Vice Chairperson, Treasurer and Secretary and up to nine additional committee members; these are to include a representative of Eden Management, The Buckinghamshire Council and two members who use the service. Elections are held at the Shopmobility AGM in June/July. A dedicated team of five part-time staff and six volunteers manage and run the service. Going concern - Our main sponsor has announced the gradual withdrawal of their financial backing of the Charity over a 10 year period. This will have a negative effect on our funding of £39,050 for 22/23, to 23124 down £7,000, 24/25 down £5,500 25/26 down £3,000 down to zero funding by 203212033. To negate the impact that this will have on the charity we have employed a grant and funding officer who will be responsible for seeking new revenue sources. This will include: corporate sponsorship, corporate and none corporate donations, core running cost grants and other forms of income. We will also increase our focus on both internal and external fund raising events and ask our sponsors to participate. We also made the difficult decision to start introducing both membership fees and daily hire charges from the 1st April 2024 (expected to raise £14,000). We will also be increasing the overnight hire fee from £3 to £5 per night and remove the reduced rate for weekly hire. This is assumed to raise an additional £1,000 per year. It is believed that the introduction of daily hire fees, the raising of the overnight hire fees and membership should generate a minimum of £15,500 per year. The opening of a small shop, selling mobility aids could also bring in more revenue estimated at £800 - £1,000 per year in year l and we assume this wi15 increase with awareness and a better targeted stock holding. We have aSso identified that our Social Media presence needs a boost, allowing us to let people know who we are and the brilliant services we offer people. A detailed cashflow has been performed for the next 8 years and as a result of the above initiative5 and our reserves policy, we are assuming a breakeven net cash position in the year 24/25 as well as sustainable net cash positions in the future years. The trustees have concluded that Shopmobility will be able to continue to operate and pay its obligations in the foreseeable future. Therefore, the financial statements are prepared on the assumption that Shopmobility is a going concern. Operations- 23124- Income generated Grants- £6,910 Collection boxes- £2,919 Donations- £42,313 Interest & Gift Aid - £2,005 Fundraising activities -£6,777 Hire charges- £6,136 Total- £67,060
Total usage was down 3Yo on 2022 but our customers average spend increased. We had 353 new members sign up to use our services, which is very encouraging. 2023 2022 2021 2020 2019 Total usage 5709 5880 3497 3001 6369 Average users per week Total spend Average spend New members iio 113.1 93.6 71.5 123 £540,491 £539,814 £314,456 £270,498 £660,801 £94.67 £92 £95 £91 £104 353 378 245 140 334 We would particularly like to thank our Management Committee led by our Chairperson Simon Dormer, for their support over the last year and to our Treasurer Sarah Fismistr for all her support and hard work managing our accounts. Terry Aris Manager- High Wycombe Shopmobility