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2021-03-31-accounts

Charity Registration No. 1040907 (England and Wales)

Charity Registration No. SC039897 (Scotland)

NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Rick Hulse John Byrne John Lysons Derek Durham Vic Hawkes Ross Lockett Simon Freedman Tina Slesser lan Taylor

Charity number (England and Wales) 1040907

Charity number (Scotland)

$C039897

Principal address

Unit 20, Bridgewater Centre The Bridgewater Centre Robson Avenue Urmston Manchester M41 7TE

Independent examiner

L Archer

Unit 32, Llys Edmund Prys St Asaph Business Park St Asaph Denbighshire LL17 OJA

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

CONTENTS

Page
Trustees' report 1-6
Independent examiner's report 7
Statement offinancial activities 8
Balance sheet 9
Notestothefinancialstatements 10-16

NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their report and financial statements for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in notes 1 to 12 and comply with the the Charities Act 2011, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “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)" (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

The Charity's objects are to promote the relief of disabled persons by the supply of information, advice, advocacy and practical assistance relating to motorcycling and in particular by awarding financial grants to help with the cost of special adaptations to motorcycles, motorcycle/sidecar combinations, trikes, and quadcycles to suit the needs of disabled riders.

Also to develop new methods of adapting motorcycles, motorcycle/sidecar combinations, trikes, and quadcycles and to remove any barriers to the freedom and independence of motorcycling for disabled people.

Public Benefit

The Charity's activities are all undertaken to further public benefit. The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

LEARNER/LOANER MOTORCYCLES:

The NABD owns nine 125cc motorcycles, which are each adapted to suit specific disabilities. These motorcycles are loaned to disabled people who wish to take professional motorcycle training and tests. There is no hire charge attached to this service but a £150.00 administration fee is charged to cover the cost of delivery and collection of the machines.

The Management Committee of the NABD made the decision in June 2020 to suspend the Learner/Loaner scheme until such time as it could be relaunched without risk of Coronavirus infection to either recipients or volunteers.

The Learner/Loaner scheme remained suspended for the rest of the 2020/21 fiscal period.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

FUNDRAISING EVENTS:

The largest annual NABD fundraising event, the You've Been Nabbed Rally held in May each year, had to be cancelled in 2020 for the protection of our volunteers and attendees and to comply with the prevailing government restrictions relating to the Coronavirus Pandemic.

A ‘virtual’ event, featuring voluntary live online performances by an array of musicians and stand-up comedians was hastily organised via a Facebook event page, to offer some consolation to those who would normally have been attending the You've Been Nabbed Rally and to hopefully generate some donations toward the core costs of the NABD.

Despite the technology being new to most of those involved the event enjoyed a measure of success and £2,519.66 was raised over the weekend.

Similarly, the annual Nabdonia Rally in July also had to be cancelled due to the pandemic and a somewhat better-organised virtual event took its place, which raised a very gratifying £5,604.89.

In September a third virtual online event took place, which raised £2,519.66.

Though these virtual events fell a long way short of replacing the expected profits of the You've Been Nabbed Rally, they raised much-needed funds and provided a great boost to moral within the ranks of the NABD.

In addition to causing the cancellation of the traditional NABD fundraising rallies, the prevailing Coronavirus restrictions caused the cancellation of many other events that traditionally donate some portion of their proceeds to the NABD. The cancellation of these events had a significant effect on the income of the NABD throughout the 2020/21, with some of that effect rolling over into the following financial year.

ADAPTATION GRANTS:

During the fiscal period April 2020 — March 2021, despite the privations of the Coronavirus pandemic, the NABD Management Committee approved 23 adaptation grants to help 23 more disabled people to have their vehicles adapted to suit their needs. This is a decrease of forty-one (41) approved grants compared with the previous fiscal year.

These grants totalled £18,481.75, which is a decrease of £24,647.22 compared to the total awarded in adaptation grants in the previous fiscal year.

The geographical breakdown of grants awarded by the NABD is as follows:

NB. This demographic simply reflects the geographical spread of grants applied for rather than any form of bias on the part of the NABD. Wales, Northern Ireland, Eire, The Isle of Man and the Channel Isles also fall within the bailiwick of the NABD adaptation grant system but no valid grant applications were received from these areas during the 2020/21 fiscal year. These grants helped to fund special adaptations to: * Solo motorcycles 19 * New motorcycle/trike conversions 1 ¢ Adaptations to existing trikes 1 * Motorcycle/Sidecar Combinations 1 * Quadricycle 1

The adaptations funded by these NABD grants included a broad range of equipment and an eclectic range of design and fabrication challenges, including: ¢ Kliktronic gear changers 12 * K-Lever2 twin lever units 8 * PFM twin lever units 2

NB. Many adaptations have also involved one-off specialist engineering such as, the fitting of reversing differentials, throttle adaptions, steering dampers, wheelchair racks, modified handlebars, trike conversions ete.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

USE OF DONATIONS:

General donations received in the year totalled just £18,481.75, which was a decrease of £25,593.62 on the previous financial year.

The Management Committee of the NABD made the decision to suspend the NABD Adaptation Grants System in June 2020 as one of the measures put in place to protect the NABD from the likely consequences of the Coronavirus pandemic. However, it was also agreed that, when/if possible, outstanding grant applications could be processed where this would not pose undue risk to the welfare of the Association.

On this basis, the grant applications were revisited sporadically and NABD Adaptation Grants awarded during the 2020/21 fiscal period totalled £15,300.26, which was a decrease of £27,828.71.

A further £10,933.85 was donated in sponsorship of specified aspects of the NABD's core costs.

Despite this unavoidable decrease in grants awarded, the NABD Trustees are rightly proud of the fact that all valid grant applications received in this period resulted in some level of grant being awarded.

NABD WEBSITE:

Activity on the main NABD Website has been fairly steady over the 2020/21 period. Content is updated as required and shows fairly healthy traffic for the type of site it is.

SOCIAL MEDIA:

The NABD social media pages have proven to be an invaluable way of members keeping in contact and enjoying social interaction online during a year when face-to-face social interaction has been very difficult for most and even dangerous for many.

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“+4 = THE NABD ON THE INTERNET
oo Membership, Merchandise, Adaptation Information, Social Networking,
ATTN Licensing Issues, Trike Legislation, Insurance Problems, Event Information,
7 /"@ . Adaptation Kits, VAT Exemptions, Vehicle Tax Exemptions, Learner/Loaner
4 * bikes, Event Tickets, Training & Test Advice, it’s all available online...
The NABD Website: www.nabd.org.uk
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Facebook page: www.facebook.com/TheNABD/
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Facebook page for Affiliated Clubs:
www.facebook.com/groups/212678039073921/
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Facebook page for NABD Supporters in Northern Ireland:
www.facebook.com/bikers4bikers/
Twitter page: witter.com/TherealINABD43
The NABD Online Shop: www.thenabd.co.uk/
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NATIONAL ASSOCIATION FOR BIKERS WITHA DISABILITY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

COVID-19 CORONAVIRUS:

The Covid-19 pandemic first hit the UK news in early February 2020 and by March 2020 it was already having very serious ramifications nationwide.

The Management Committee of the NABD decided to call a halt to almost all of the normal NABD activity involving volunteers and members due to the high percentage of volunteers and members who were in the highest risk groups where Covid-19 is concerned and to protect the financial security of the Association.

| believe it fair to say that these difficult decisions have proven their worth throughout the 2020/21 financial

year.

Financial review

The gross income of the Association has fallen in the 2020/21 fiscal year to £91,990.61, which is a decrease of £102,900.38 when compared to the gross income of the 2019/20 fiscal period. This massive decrease in income was wholly attributable to the restrictions and exigencies of the Covid-19 pandemic.

Thanks to the judicious measures put in place by the Trustees of the NABD very early in the Pandemic we were able to reduce the expenditure of the Association in the 2020/21 fiscal period to £74,561.15. This was a decrease of £141,839.27 from the previous year, primarily due to a freeze on all but essential expenditure.

Income from memberships has been around £40k for the past four years and did actually increase slightly to £43,771.50. We had increased the membership fees slightly at the start of the financial year, but saw a drop in business and club affiliations.

Office expenditure stayed steady, although staff costs were reduced as we furloughed staff when necessary and took advantage of the CJURS grant scheme.

Sadly, and with great regret, as the government furlough scheme came toa close in the Autumn of 2020, the Management Committee of the NABD had no choice but to offer redundancy to its paid Administrative Assistant (one of only two paid employees). The Administrative Assistant accepted the redundancy package offered by the Management Committee and the redundancy came into effect on 30th October 2020.

Income from Gift Aid claims was £8,483.85 during the 2020/21 financial year.

BRIEF STATEMENT OF THE CHARITY'S POLICY ON RESERVES:

Though the reserves are somewhat depleted at present it is our intention to build-up new reserves, when the financial situation allows, to act as a buffer to protect the association from the worst ravages of the wildly fluctuating British economy.

The Charity is an unincorporated charity.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

DETAILS OF TRUSTEES (including dates if appointed or retired during the year, along with details of any office held).

Rick Hulse, Chairman chairman@thenabd.org.uk

lan Taylor, Vice Chairman vicechair@thenabd.org.uk

John Byrne, Treasurer treasurer@thenabd.org.uk

Tina Slesser, Secretary secretary@thenabd.org.uk

John Lysons, Public Relations

Simon Freedman, Webmaster internet@thenabd.org.uk

Derek Durham, Research fesearch@thenabd.org.uk

Ross Lockett, Fundraising Coordinator fundraising@thenabd.org.uk

Vic Hawkes, Club Affiliations Coordinator lubliaison nabd.org.uk

TRUSTEE SELECTION METHODS:

The NABD constitution allows that trustees can be appointed by the National Committee until such time as their position can be ratified by the membership in the election of officers at the annual general meeting. However, where possible, incumbent trustees who are considering retirement are encouraged to remain in their post until an Annual General Meeting (AGM) of the NABD so that any change of post holder can be ratified by the members immediately.

NB. Those positions detailed above are the positions within the National Executive Committee that are filled by Trustees of this charity. Other positions within the National Executive Committee and the National NonExecutive Committee do not require the incumbents to accept the additional responsibilities of being Trustees of this charity. All members of both the National Executive Committee and the National Non-Executive Committee are members of the Management Committee of the NABD.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

SUMMARY

The 2020-2021 financial year was a very challenging year for the NABD with the Coronavirus pandemic posing an existential threat to the Association unlike anything we had experienced before.

The difficult, and sometimes painful, decisions made by the Management Committee have proven their veracity in bringing the NABD safely through the first year of the pandemic, if not unscathed, then certainly undaunted.

It is impossible to estimate with any certainty when the ill-effects of this pandemic may end but we are now confident that when that end does come, the NABD will be ready to get back to ‘business as usual’.

It has been a matter of great pride to the members of the Management Committee that the NABD has been able to continue helping people with disabilities to gain/regain access to the freedom and independence of motorcycling despite the restrictions, privations and exigencies of the Coronavirus pandemic throughout the 2020/21 financial year

RICK HULSE NABD CHAIRMAN

Rick Hulse Chairman Dated: 22 December 2021

John Byrne Treasurer Dated:22 December 2021

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

| report to the Trustees on my examination of the financial statements of National Association For Bikers With a Disability (the Charity) for the year ended 31 March 2021.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (the 2005 Act), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011 (the 2011 Act). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination.

| report in respect of my examination of the Charity’s financial statements carried out under section 44 (1) (c) of the 2005 Act and section 145 of the 2011 Act. In carrying out my examination | have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity has prepared its accounts on an accruals basis and is also registered in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). | confirm that | am qualified to undertake the examination because | am a member of ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

| understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| have no concerns 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 financial statements toL Archerbe reached. !/e fy‘ FCA ‘4 - Unit 32, Llys Edmund Prys St Asaph Business Park St Asaph

Denbighshire LL17 OJA

Dated: 22 December 2021 |) ee eee ee ee Ee -T

NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted Unrestricted Restricted Total
funds funds funds
2021 2020 2020 2020
Notes £ £ £ £
Income from:
Donations and legacies		 2 91,990 194,591 300 194,891
Othertrading activities 3 11,029 (8,063) : (8,063)
Coronavirusjob retention scheme grant 10,642 - - -
Total income 113,661 186,528 300 186,828
Expenditure
on:
Charitable activities		 4 74,561 216,718 300 217,018
Net income/(expenditure) forthe year/
Netmovement in funds 39,100 (30,190) . (30,190)
Fund balances at 1 April 2020 131,582 161,772 - 161,772
Fundbalancesat31March2021 170,682 131,582 - 131,582

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

BALANCE SHEET

AS AT 31 MARCH 2021

2021 2020
Notes £ £ £ £
Fixed assets
Tangible assets 8 5,480 5,987
Investments 9 53,419 42,390
58,899 48,377
Current assets
Stocks 1,500 1,500
Debtors 10 2,100 2,329
Cash at bank and in hand 112,148 96,143
115,748 99,972
Creditors: amounts falling duewithin
one year 11 (3,965) (16,767)
Net current assets 111,783 83,205
Total assets less current liabilities 170,682 131,582
Income funds
Unrestricted funds 170,682 131,582
170,682 131,582
The financial statementswereapproved by the Trustees on 22 December2021 2021
Rick Hulse John Byrne
Trustee Trustee

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1.1 Accounting convention

The financial statements have been prepared in accordance with the the Charities Act 2011, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “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)" (as amended for accounting periods commencing from 1 January 2016). The Charity is 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.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable. objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

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Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment 15% reducing balance Motor vehicles 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Donations and legacies

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |funds|funds|2021|2020| |£|£|£|£| |Donations|and|sundry|income|39,319|.|39,319|51,609| |Membership|subscriptions|43,772|-|43,772|38,924| |Income|from|fund|raising|and|regalia|8,899|-|8,899|104,358| |91,990|-|91,990|194,891| |For the year ended|31|March|2020|194,591|300|194,891|

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

3 Other trading activities

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Profit (loss) on investments 11,029 (8,063)

4 Charitable activities

2021 2020
£ &
Staff costs 38,711 42,190
Depreciation and impairment 1,320 1,417
Grantsawarded 19,230 41,428
59,261 85,035
Othercosts 15,300 131,983
74,561 217,018
5 Grants payable
2021 2020
£ £
Grants to institutions:
Grants towards the modification ofmotorcycles 15,300 41,428
15,300 131,983

6 Trustees

None of the Trustees (or any persons connected with them) received any remuneration during the year, but there were expenses reimbursed to 4 members for travel, phone, postage and stationery, totalling £480.34

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NATIONAL ASSOCIATION FOR BIKERS WITHA DISABILITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 __eaeg a gS

7 Employees

The average monthly number of employees during the year was:

2021 2020
Number Number
2 2
Employment costs 2021 2020
£ £
Wagesand salaries 37,998 41,044
Social security costs - 283
Otherpension costs 713 863
38,711 42,190

There are no employees who received employee benefits of more that £60,000

Fixtures,Motorvehicles Fixtures,Motorvehicles Total
fittings&
equipment
£ £ £
Cost
At 1 April 2020 27,352 55,780 83,132
Additions 813 - 813
At 31 March 2021 28,165 55,780 83,945
Depreciation and impairment
At 1 April 2020 24,368 52,776 77,144
Depreciation charged in the year 570 751 1,321
At 31 March 2021 24,938 53,527 78,465
Carrying amount
At 31 March 2021 3,227 2,253 5,480
At31March2020 2,984 3,003 5,987

9 Fixed asset investments

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NATIONAL ASSOCIATION FOR BIKERS WITH A DISABILITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

9 Fixed asset investments

(Continued)

Listed
investments
£
Cost or valuation
At 1 April 2020 42,390
Valuation changes 11,029
At 31 March 2021 53,419
Carrying amount
At 31 March 2021 53,419
At 31 March 2020 42,390
10 Debtors
2021 2020
Amounts falling due within one year: £ =
Trade debtors 2,100 2,329
11. Creditors: amounts falling due within one year
2021 2020
£ £
Othertaxation and social security 469 975
Trade creditors 1,636 13,751
Accruals and deferred income 1,860 2,041
3,965 16,767

12 Analysis of net assets between funds

Unrestricted Unrestricted Restricted Total
funds funds funds
2021 2020 2020 2020
£ £ £,
Fund balances at 31 March 2021 are
represented by:
Tangible assets 5,480 5,987 . 5,987
Investments
Current assets/(liabilities)		 53,419
111,783		 42,390
83,205		 -
-		 42,390
83,205
170,682 131,582 - 131,582

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NATIONAL ASSOCIATION FOR BIKERS WITHA DISABILITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

13 Related party transactions

There were no disclosable related party transactions during the year (2020 - none).