## **STOCKTON SHOPMOBILITY LIMITED** # **ANNUAL REPORT 2024-2025** ## **Contents** 1. Contents Page 1 2. Mission Statement Page 2 3. Report of the Trustees Page 3 - 5 4. Reference and Administrative Information Page 6 5. Statistical Information Page 7 - 13 6. Financial Summary Page 14 ## 7. Acknowledgements Page 15 1 ## **STOCKTON** ## **SHOPMOBILITY LIMITED** ## **MISSION STATEMENT** "Our mission is to help people of all ages with mobility problems achieve a better level of independence. This could be shopping, participating in leisure pursuits or meeting with friends. As part of this mission, we provide mobility scooters, wheelchairs and walking aids, daily living aids maintained to the highest standard." ## **Stockton Shopmobility Ltd are core funded by** **2** ## **Stockton Shopmobility Limited 3 Report of the Trustees for the Year Ended 31 March 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Principle objectives, activities and achievements for the public benefit** The principal activity of the business continues to remain the hiring of disability equipment and the selling of disability aids and equipment. We strive to supply an extensive range of items, from small items like walking sticks and shower stools to larger items, such as scooters, riser recliner chairs and profiling beds . Profits from Shopmobility retail are, as always, ploughed back into improving our services and updating our fleet of hire equipment. Shopmobility also offers driver training through our Scoot Safe Campaign, as well as servicing and repair of vehicles. Looking after customers is very important to Stockton Shopmobility Ltd and we aim to find the right product to meet the individual needs of the customer. Our aim is to provide quality services at reasonable prices. Stockton Borough Council hosts several major events in and around the High Street throughout the year and mobility hire equipment is available for these events wherever possible. The main achievements of the charity have been the increased independence for our clients using the hired mobility equipment. It enables clients to shop, meet friends for coffee or lunch, or to simply enjoy being out the house for a while. Enabling people to get out and about brings revenue to businesses in the town centre. We are gaining a reputation for fair prices for our retail equipment, meaning that customers have a better chance of affording their own equipment. The Trustees have had due regard to guidance published by the Charity Commission on public benefit. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The Trustees of the Company continue to be optimistic with the overall results achieved for the year. Even in challenging retail conditions sales are still displaying an encouraging trend and retail sales projected growth is very much the basis of our business plan and strategy for revitalising the business. Hires and rental numbers have improved somewhat in conjunction with the move to Wellington Square and a marketing and publicity plan is now in place to concentrate on developing new hires with such strategies as a discount hire scheme. This trend is viewed positively by the Trustees especially in the context of the Covid 19 pandemic effect on consumer shopping habits, and, secondly, challenging economic cost of living conditions. The Trustees remain confident that our premises move will have a positive and significant impact upon hires, and we are envisaging an increase in rental/hire activity and proportionate upturn in income from hires. ## **FINANCIAL REVIEW** ## **Reserves policy** The Trustees believe that the Charity should hold financial reserves because it has no endowment funding and is entirely dependent upon donor funding from year to year which is inevitably subject to fluctuation and it needs to ensure that it can meet its contractual liabilities as they fall due. In light of the above, the Trustees have established a policy whereby the unrestricted reserves should be no less than three months of unrestricted expenditure. This would equate to unrestricted reserves of approximately £63,000 currently unrestricted reserves stand at £156,120 Reserve income will be held in a bank account considered to pay the most favourable interest rates and will be reviewed annually. 4 ## **Stockton Shopmobility Limited** ## **Report of the Trustees for the Year Ended 31 March 2025** ## **FUTURE PLANS** The move to Wellington Square, Stockton, has been at the centre of our company strategy. Our business plan is based around an official re-launch of the service supported by publicity and advertising. The Company has experienced encouraging retail sales since the move and, again, in the context of consumer cost of living challenges, the company sees this as a positive trend in which retail sales continue to grow. The staff of Stockton Shopmobility have worked hard to maintain a good reputation which is reflected in the satisfaction and loyalty of clients. Both Trustees and staff are positive about the move to new premises and feel that the company is in a good commercial position to develop retail sales. Since the move there has been a significant increase in general footfall and enquiries. Comment must be made about a general increase in running costs but this is in the context of general increased prices and the cost of living challenge which is affecting all retail businesses. Our long-term aim remains the same, to be self-sustaining and provide a quality service in both our retail outlet and the Shopmobility scheme. Safety of both our clients and the general public remains a priority with us. We will endeavour to take our Scoot Safe Campaign out into the community, so continuing to educate both mobility scooter users and the general public. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. A board of trustee directors govern the charity, and the Manager carries out the day to day running of the service and manages the strategic development of the organisation. In addition, there are co-opted, non-voting members, who attend board meetings in an advisory capacity, who represent some of our partners such as Stockton Borough Council. ## **Induction and training of new trustees** All trustees receive a full induction pack, which outlines their duties and responsibilities. This includes information about the Charity Commission rules and regulations, company policies and procedures, and good practice in governance. Mr Michael Womphrey has a professional background in law and human resource management and provides training for all trustees of the company and employment law and good governance. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. In deciding what constitutes a risk, the trustees considered the following headings:- - Governance and Management - Operational risk - Financial risk - Environmental/External Factors - Compliance Risk (Law and regulation) Within each heading the trustees identified the potential risk to the charity, the appropriate control measures needed to manage the identified risk and an assessment of the risk level when those control measures have been applied. The trustees have given particular consideration to the financial risks to the charity and have prepared a Reserves policy to ensure that its contractual obligations can always be met. The trustees will review the Risk Management Strategy annually. 5 ## **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Company number** 03061335 (England and Wales) **Registered Charity number** 1048199 ## **Registered office** 16 Wellington Street Stockton on Tees TS18 1NA ## **Trustees** M Womphrey (Chair) L Osborne (Vice Chair) J Nimmo Councillor A McCoy A Osborne **Board Members Company Secretary** D P Barwick ## **Independent examiner** Anderson Barrowcliff LLP Chartered Accountants 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX ## **Bankers** HSBC Bank plc 136 High Street Stockton on Tees TS18 1LR This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 6 ## **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **MANUEL WHEELCHAIRS HIRE STATISTICS** ||||| |---|---|---|---| |**APRIL**|**20**17**-20**18
22
23|**TOTAL EACH MONTH**|1
2| ||||| |**APRIL**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|10
2| ||||| |**MAY**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|7
1| ||||| |**MAY**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|12
3| ||||| |**JUNE**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|5
4| ||||| |**JUNE**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|13
2| ||||| |**JULY**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|15
1| ||||| |**JULY**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|4
1| ||||| |**AUGUST**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|10
3| ||||| |**AUGUST **|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|8
5| ||||| |**SEPTEMBER**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|6
3| ||||| |**SEPTEMBER**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|**5**| ||||| |**OCTOBER**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|7
5| ||||| |**OCTOBER**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|6
4| ||||| |**NOVEMBER**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|4
2| ||||| |**NOVEMBER**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|11
4| ||||| |**DECEMBER**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|6
2| ||||| |**DECEMBER**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|8
5| ||||| |**JANUARY**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|1
0| ||||| |**JANUARY**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|9
2| ||||| |**FEBRUARY**|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|4
6| ||||| |**FEBRUARY**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|8
5| ||||| |**MARCH **|**20**17**-20**18
23
24|**TOTAL EACH MONTH**|15
3| ||||| |**MARCH**|**20**18**-20**19
24
25|**TOTAL EACH MONTH**|8
5| ||||| ||||| |WHEELCHAIR HIRE OVERALL|2017-2018|81|| |
|
|
|| |~~WHEELCHAIR HIRE OVERALL~~|~~2023-2024~~|~~32~~|| |WHEELCHAIR HIRE OVERALL|20182019|102|| |
|-
|
|| |~~WHEELCHAIR HIREOVERALL~~|~~2024-2025~~|~~43~~|| **7** ## **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **POWERCHAIRS HIRE STATISTICS** |||||| |---|---|---|---|---| ||APRIL|2023-2024|TOTAL EACH MONTH|0| |||||| ||APRIL|2024-2025|TOTAL EACH MONTH|1| |||||| ||MAY|2023-2024|TOTAL EACH MONTH|0| |||||| ||MAY|2024-2025|TOTAL EACH MONTH|2| |||||| ||JUNE|2023-2024|TOTAL EACH MONTH|4| |||||| ||JUNE|2024-2025|TOTAL EACH MONTH|2| |||||| ||JULY|2023-2024|TOTAL EACH MONTH|0| |||||| ||JULY|2024-2025|TOTAL EACH MONTH|1| |||||| ||AUGUST|2023-2024|TOTAL EACH MONTH|2| |||||| ||AUGUST|2024-2025|TOTAL EACH MONTH|2| |||||| ||SEPTEMBER|2023-2024|TOTAL EACH MONTH|2| |||||| ||SEPTEMBER|2024-2025|TOTAL EACH MONTH|2| |||||| ||OCTOBER|2023-2024|TOTAL EACH MONTH|4| |||||| ||OCTOBER|2024-2025|TOTAL EACH MONTH|2| |||||| ||NOVEMBER|2023-2024|TOTAL EACH MONTH|4| |||||| ||NOVEMBER|2024-2025|TOTAL EACH MONTH|2| |||||| ||DECEMBER|2023-2024|TOTAL EACH MONTH|2| |||||| ||DECEMBER|2024-2025|TOTAL EACH MONTH|1| |||||| ||JANUARY|2023-2024|TOTAL EACH MONTH|0| |||||| ||JANUARY|2024-2025|TOTAL EACH MONTH|1| |||||| ||FEBRUARY|2023-2024|TOTAL EACH MONTH|2| |||||| ||FEBRUARY|2024-2025|TOTAL EACH MONTH|2| |||||| ||MARCH|2023-2024|TOTAL EACH MONTH|3| |||||| ||MARCH|2024-2025|TOTAL EACH MONTH|2| |||||| |||||| ||**POWERCHAIRS HIRE OVERALL**|2023-2024|23|| |||||| ||**POWERCHAIRS HIRE OVERALL**|2024-2025|20|| **8** ## **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **SCOOTER HIRE STATISTICS** ||||| |---|---|---|---| |APRIL|2023-2024|TOTAL EACH MONTH|44| ||||| |APRIL|2024-2025|TOTAL EACH MONTH|46| ||||| |MAY|2023-2024|TOTAL EACH MONTH|82| ||||| |MAY|2024-2025|TOTAL EACH MONTH|79| ||||| |JUNE|2023-2024|TOTAL EACH MONTH|60| ||||| |JUNE|2024-2025|TOTAL EACH MONTH|64| ||||| |JULY|2023-2024|TOTAL EACH MONTH|74| ||||| |JULY|2024-2025|TOTAL EACH MONTH|78| ||||| |AUGUST|2023-2024|TOTAL EACH MONTH|52| ||||| |AUGUST|2024-2025|TOTAL EACH MONTH|61| ||||| |SEPTEMBER|2023-2024|TOTAL EACH MONTH|75| ||||| |SEPTEMBER|2024-2025|TOTAL EACH MONTH|77| ||||| |OCTOBER|2023-2024|TOTAL EACH MONTH|66| ||||| |OCTOBER|2024-2025|TOTAL EACH MONTH|74| ||||| |NOVEMBER|2023-2024|TOTAL EACH MONTH|70| ||||| |NOVEMBER|2024-2025|TOTAL EACH MONTH|87| ||||| |DECEMBER|2023-2024|TOTAL EACH MONTH|42| ||||| |DECEMBER|2024-2025|TOTAL EACH MONTH|42| ||||| |JANUARY|2023-2024|TOTAL EACH MONTH|28| ||||| |JANUARY|2024-2025|TOTAL EACH MONTH|66| ||||| |FEBRUARY|2023-2024|TOTAL EACH MONTH|80| ||||| |FEBRUARY|2024-2025|TOTAL EACH MONTH|32| ||||| |MARCH|2023-2024|TOTAL EACH MONTH|69| ||||| |MARCH|2024-2025|TOTAL EACH MONTH|43| ||||| ||||| |SCOOTER HIREOVERALL|2023-2024|742|| ||||| |SCOOTER HIRE OVERALL|2024-2025|749|| **9** ## **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **TOTAL OF ALL SERVICES STATISTICS** |||||| |---|---|---|---|---| ||APRIL|2023-2024|TOTAL EACH MONTH|46| |||||| ||APRIL|2024-2025|TOTAL EACH MONTH|49| |||||| ||MAY|2023-2024|TOTAL EACH MONTH|83| |||||| ||MAY|2024-2025|TOTAL EACH MONTH|84| |||||| ||JUNE|2023-2024|TOTAL EACH MONTH|68| |||||| ||JUNE|2024-2025|TOTAL EACH MONTH|68| |||||| ||JULY|2023-2024|TOTAL EACH MONTH|75| |||||| ||JULY|2024-2025|TOTAL EACH MONTH|80| |||||| ||AUGUST|2023-2024|TOTAL EACH MONTH|57| |||||| ||AUGUST|2024-2025|TOTAL EACH MONTH|68| |||||| ||SEPTEMBER|2023-2024|TOTAL EACH MONTH|80| |||||| ||SEPTEMBER|2024-2025|TOTAL EACH MONTH|84| |||||| ||OCTOBER|2023-2024|TOTAL EACH MONTH|75| |||||| ||OCTOBER|2024-2025|TOTAL EACH MONTH|80| |||||| ||NOVEMBER|2023-2024|TOTAL EACH MONTH|76| |||||| ||NOVEMBER|2024-2025|TOTAL EACH MONTH|93| |||||| ||DECEMBER|2023-2024|TOTAL EACH MONTH|46| |||||| ||DECEMBER|2024-2025|TOTAL EACH MONTH|48| |||||| ||JANUARY|2023-2024|TOTAL EACH MONTH|28| |||||| ||JANUARY|2024-2025|TOTAL EACH MONTH|69| |||||| ||FEBRUARY|2023-2024|TOTAL EACH MONTH|88| |||||| ||FEBRUARY|2024-2025|TOTAL EACH MONTH|39| |||||| ||MARCH|2023-2024|TOTAL EACH MONTH|75| |||||| ||MARCH|2024-2025|TOTAL EACH MONTH|50| |||||| |||||| ||**TOTAL OF ALL SERVICES**|2023-2024|797|| |||||| ||**TOTAL OF ALL SERVICES**|2024-2025|812|| _**10**_ ## **Long Term Hire April 2023 - March 2024 Statistics** |**2023/2024**|**Manuel**
**Chair**|**Scooter**|**Powerchair**|**Total**| |---|---|---|---|---| |**APRIL**|0|2|0|**2**| |**MAY**|2|0|0|**2**| |**JUNE**|1|3|0|**4**| |**JULY**|2|3|0|**5**| |**AUGUST**|3|2|0|**5**| |**SEPTEMBER**|0|4|0|**4**| |**OCTOBER**|0|4|0|**4**| |**NOVEMBER**|3|1|0|**4**| |**DECEMBER**|3|2|0|**5**| |**JANUARY**|0|0|0|**0**| |**FEBRUARY**|2|4|0|**6**| |**MARCH**|4|0|0|**4**| |**TOTALS**|**20**|**25**|**0**|**45**| ## **Long Term Hire April 2024 - March 2025 Statistics** |**2024/2025**|**Manuel**
**Chair**|**Scooter**|**Powerchair**|**Total**| |---|---|---|---|---| |**APRIL**|0|0|0|**0**| |**MAY**|1|3|0|**4**| |**JUNE**|1|5|0|**6**| |**JULY**|3|2|0|**5**| |**AUGUST**|3|3|0|**6**| |**SEPTEMBER**|2|2|0|**4**| |**OCTOBER**|4|0|0|**4**| |**NOVEMBER**|1|0|0|**1**| |**DECEMBER**|0|2|0|**2**| |**JANUARY**|3|1|0|**4**| |**FEBRUARY**|3|1|0|**4**| |**MARCH**|4|3|0|**7**| |**TOTALS**|**25**|**22**|**0**|**47**| **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** **11** ## **New Registrations April 2023 - March 2024 Statistics** |**2023/2024**|**No of local registrations**|**Registrations non**
**Stockton residents**|**Total**| |---|---|---|---| |**APRIL**|4|5|**9**| |**MAY**|4|6|**10**| |**JUNE**|5|6|**11**| |**JULY**|5|6|**11**| |**AUGUST**|5|5|**10**| |**SEPTEMBER**|7|6|**13**| |**OCTOBER**|6|5|**11**| |**NOVEMBER**|4|4|**8**| |**DECEMBER**|5|2|**7**| |**JANUARY**|5|7|**12**| |**FEBRUARY**|4|4|**8**| |**MARCH**|4|1|**5**| |**TOTALS**|**58**|**57**|**115**| ## **New Registrations April 2024 - March 2025 Statistics** |**2024/2025**|**No of local registrations**|**Registrations non**
**Stockton residents**|**Total**| |---|---|---|---| |**APRIL**|5|4|**9**| |**MAY**|6|6|**12**| |**JUNE**|6|5|**11**| |**JULY**|6|7|**13**| |**AUGUST**|7|5|**12**| |**SEPTEMBER**|5|7|**12**| |**OCTOBER**|6|5|**11**| |**NOVEMBER**|5|5|**10**| |**DECEMBER**|4|4|**8**| |**JANUARY**|5|5|**10**| |**FEBRUARY**|5|3|**8**| |**MARCH**|2|2|**4**| |**TOTALS**|**62**|**58**|**120**| **Stockton Shopmobility Limited** **Report of the Trustees for the Year Ended 31 March 2025** **12** ## **Information Requests April 2023 - March 2024 Statistics** |**2023/2024**|**RETAIL**|**EQUIPMENT HIRE**|**Total**| |---|---|---|---| |**APRIL**|74|46|**120**| |**MAY**|77|83|**160**| |**JUNE**|105|68|**173**| |**JULY**|125|75|**200**| |**AUGUST**|85|57|**142**| |**SEPTEMBER**|99|80|**179**| |**OCTOBER**|75|75|**150**| |**NOVEMBER**|95|76|**171**| |**DECEMBER**|68|46|**114**| |**JANUARY**|87|28|**115**| |**FEBRUARY**|78|88|**166**| |**MARCH**|87|75|**162**| |**TOTALS**|**1055**|**797**|**1852**| ## **Information Requests April 2024 - March 2025 Statistics** |**2024/2025**|**RETAIL**|**EQUIPMENT HIRE**|**Total**| |---|---|---|---| |**APRIL**|70|49|**119**| |**MAY**|74|84|**158**| |**JUNE**|125|68|**193**| |**JULY**|120|80|**200**| |**AUGUST**|83|68|**151**| |**SEPTEMBER**|96|84|**180**| |**OCTOBER**|115|80|**195**| |**NOVEMBER**|91|93|**184**| |**DECEMBER**|65|48|**113**| |**JANUARY**|85|69|**154**| |**FEBRUARY**|90|39|**129**| |**MARCH**|95|50|**145**| |**TOTALS**|**1109**|**812**|**1921**| **13** ## **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **Income Generation** Retail income has increased this year. £268,933 was generated over the year compared to £250,407 last year. Hire fees have increased this year and generated £7,305 comprised of in comparison with last year's £7,115 in 2023/24 Grants received, Grants - Stockton Borough Council £6,000 Other trading activities £0.00 Investment Income £1,718 Total income this year was increased from £280,956 compared to £262,062 on last year’s figure. ## **Expenditure** Total expenditure this year was £250,282 compared to £263,181 in the previous year. **14** **Stockton Shopmobility Limited Report of the Trustees for the Year Ended 31 March 2025** ## **Acknowledgements** Stockton Shopmobility Ltd wishes to thank the following individuals and organisations for their support and contributions over the last year: Acorn Stairlifts Anderson Barrowcliff (Chartered Accountants) Wellington Square Management (Matt Boxhall) Drive Medical (Retail Supplier) Freerider (Retail Supplier) Kozee Komforts (Retail Supplier) Mark Bates (Scooter & Wheelchair Insurance) One Rehab (Retail Supplier) Roma Medical (Retail Supplier) Scooterpac (Retail Supplier) Stockton Borough Council (Funding) SBC Support Team (Marc Bould, Karen Shaw) Tom Franks (Engineering ) Van Os Medical / Excel Mobility (Retail Supplier) **15** Stockton Shopmobility Limited Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 "Charity Commissioners Copy" Registered Charity Number: 1048199 ANDERSON BARROWCLIFF LIMITED Chartered Accountants Stockton Shopmobility Limited Contents of the Financial Statements for the Year Ended 31 March 2025 Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Page 1 to 3 4 5 6 7 to 12 Stockton Shopmobility Limited (Registered number: 03061335) Report of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Principle objectives, activities and achievements for the public benefit The principal activity of the business continues to remain the hiring of disability equipment and the selling of disability aids and equipment. We strive to supply an extensive range of items, from small items like walking sticks and shower stools to larger items, such as scooters, riser recliner chairs and profiling beds. Profits from Shopmobility retail are, as always, ploughed back into improving our services and updating our fleet of hire equipment. Shopmobility also offer: driver training through our Scoot Sate Campaign, as well as servicing and repair of vehicles. Looking after customers is very important to Stockton Shopmobility Ltd and we aim to find the right product to meet the individual needs of the customer. Our aim is to provide quality services at reasonable prices. Stockton Borough Council hosts several major events in and around the High Street throughout the year and mobility hire equipment is available for these events wherever possible. The main achievements of the charity have been the increased independence for our clients using the hired mobility equipment. It enables clients to shop, meet friends for coffee or lunch, or to simply enjoy being out the house for a while. Enabling people to get out and about brings revenue to businesses in the town centre. We are gaining a reputation for fair prices for our retail equipment, meaning that customers have a better chance of affording their own equipment. The Trustees have had due regard to guidance published by the Charity Commission on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable activities The Trustees of the Company continue to be optimistic with the overall results achieved for the year. Even in challenging retail conditions sales are still displaying an encouraging trend and retail sales projected growth is very much the basis of our business plan and strategy for revitalising the business. Hires and rental numbers have improved somewhat in conjunction with the move to Wellington Square and a marketing and publicity plan is now in place to concentrate on developing new hires with such strategies as a discount hire scheme. This trend is viewed positively by the Trustees especially in the context of challenging economic cost of living conditions. The Trustees remain confident that our premises move will have a positive and significant impact upon hires and we are envisaging an increase in rental/hire activity and proportionate upturn in income from hires. FINANCIAL REVIEW Reserves policy The Trustees believe that the Charity should hold financial reserves because it has no endowment funding and is entirely dependent upon retail trading which is inevitably subject to fluctuation and it needs to ensure that it can meet its contractual liabilities as they fall due. Ine or the do un is red explain earlie douple ate to the erie red resort eye M currently unrestricted reserves stand at £158,990 Reserve income will be heid in a bank account considered to pay the most favourable interest rates and will be reviewed annually. Page 1 Stockton Shopmobility Limited (Registered number: 03061335) Report of the Trustees for the Year Ended 31 March 2025 FUTURE PLANS The Company has experienced encouraging retail sales since the move to Wellington Square, Stockton and, again, in the context of consumer cost of living challenges, the company sees this as a positive trend in which retail sales continue to grow. The staff of Stockton Shopmobility have worked hard to maintain a good reputation which is reflected in the satisfaction nd loyalty of clients. Both Trustees and staff are positive and feel that the company is in a good commercial position velop retail sales. Since the move there has been a sianificant increase in aeneral footfall and enquirie Comment must be made about a general increase in running costs but this is in the context of general increased prices and the cost of living challenge which is affecting all retail businesses. Our long-term aim remains the same, to be self-sustaining and provide a quality service in both our retail outlet and the Shopmobility scheme. Safety of both our clients and the general public remains a priority with us. We will endeavour to take our Scoot Safe Campaign out into the community, so continuing to educate both mobility scooter users and the general public. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. In the event of the charity being wound up, the liability in respect of the guarantee is limited to f1 per member of the charity. A board of trustee directors govern the charity, and the Manager carries out the day to day running of the service and manages the strategic development of the organisation. In addition, there are co-opted, non-voting members, who attend board meetings in an advisory capacity, who represent some of our partners such as Stockton Borough Council. Induction and training of new trustees All trustees receive a full induction pack, which outlines their duties and responsibilities. This includes information about the Charity Commission rules and regulations, company policies and procedures, and good practice in governance. M Michael Womphrey has a professional background in law and human resource management and provides training for all trustees of the company and employment law and good governance. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. In deciding what constitutes a risk, the trustees considered the following headings:- - Governance and Management - Operational risk - Financial risk - Environmental/External Factors - Compliance Risk (Law and regulation) Within each heading the trustees identified the potential risk to the charity, the appropriate control measures needed to manage the identified risk and an assessment of the risk level when those control measures have been applied. The trustees have given particular consideration to the financial risks to the charity and have prepared a Reserves policy to ensure that its contractual obligations can always be met. The trustees will review the Risk Management Strategy annually. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03061335 (England and Wales) Registered Charity number 1048199 Page 2 Stockton Shopmobility Limited (Registered number: 03061335) Report of the Trustees for the Year Ended 31 March 2025 Registered office 16 Wellington Street Stockton on Tees TS18 1NA Trustees L Osborne (Vice Chair) M Womphrey (Chair) Councillor A McCoy A Osborne J Nimmo Manager D P Barwick Company Secretary D P Barwick Independent Examiner Anderson Barrowcliff Limited Chartered Accountants 3 Kingfisher Court Bowesfield Park tockton on Tee Bankers HSBC Bank plo 136 High Street Stockton on Tees TS18 1LR This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 16 JuLy 2025 .... and signed on its behalf by: M Womphrey (Chairman) - Trustee Page 3 Independent Examiner's Report to the Trustees of Stockton Shopmobility Limited Independent examiner's report to the trustees of Stockton Shopmobility Limited (the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charty's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act"). 22222 Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. 2. 3. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting ] and reporting by charities (applicable to charities preparing their accounts 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 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. Aach bill James Dale FCCA Anderson Barrowcliff Limited Chartered Accountants 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX Date: . U1715 Page 4 Restricted fund 2025 Total funds INCOME AND ENDOWMENTS FROM Charitable activities Grants - Stockton Borough Council Retail Income Hire Income Investment income Total EXPENDITURE ON Charitable activities Retail and hire NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD Stockton Shopmobility Limited Statement of Financial Activities for the Year Ended 31 March 2025 Notes 3 Unrestricted Funds 3,000 268,933 7,305 1,718 280,956 : - 3,000 268,933 7,305 1,718 280,956 4 250,282 30,674 - 250,282 30,674 128,316 158,990 - 128,316 158,990 The notes form part of these financial statements Page 5 2024 Total funds 6,000 250,407 4,115 1,540 262,062 263,181 (1,119) 129,435 128,316 Stockton Shopmobility Limited (Registered number: 03061335) Balance Sheet 31 March 2025 FIXED ASSETS Tangible assets CURRENT ASSETS Stocks Debtors Cash at bank and in hand Notes 9 Unrestricted funds Restricted fund 2025 Total funds 2024 Total funds 247 247 297 10 11 10,766 11,865 139,297 161,928 : - - 10,766 11,865 139,297 161,928 8,293 11,484 111,272 131,049 CREDITORS Amounts falling due within one year (3,185) - (3,185) (3,030) NET CURRENT ASSETS 158,743 - 158,743 128,019 TOTAL ASSETS LESS CURRENT LIABILITIES 158,990 158,990 128,316 NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS 158,990 - 158,990 128,316 14 158,990 158,990 128,316 128,316 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company a at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for ....and were signed on its behalf by: M Womphrey (Chairman) - Trustee The notes form part of these financial statements Page 6 Stockton Shopmobility Limited Notes to the Financial Statements for the Year Ended 31 March 2025 1. 2. STATUTORY INFORMATION Stockton Shopmobility Limited is a private charitable company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found in the Trustees' Report. The financial statements are presented in sterling which is the functional currency of the charitable company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019 - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland Stockton Shopmobility Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. Income Items of income are recognised and included int he accounts when all the following criteria are met: - The charity have entitlement to the funds. - Any performance conditions attached to the items) of income have been met or are fully within the control of the charity. - There is sufficient certainty that receipt of the income is considered probable; and - The amount can be measured reliably. Deferred income represents amounts received for future periods and is released to incoming resources in the period to which it relates. Such income is only deferred when: - The donor specifies that the donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the charity has unconditional entitlement. Investment income is recognised on a receivable basis. Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. There is no netting off within the accounts. Expenditure Liabilities are recognised as soon as there is a legal or constructive obligation committing the company to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings tha aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the company in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by usage. Governance costs include those incurred in the governance of the charity which are associated with the constitutional and statutory requirements. Tangible fixed assets Fixed assets are stated at cost less accumulated depreciation. Assets purchased from restricted funds are capitalised in the Balance Sheet and the funds then transferred to unrestricted funds as they have been expended in the year. Page 7 continued... 2. Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Scooters, Chairs etc - 20% straight line omputer equipment - 20% straight lin urniture and equipment - 15% reducing balan Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation The charity is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and is considered to pas the ests pat our u arporaton tax purpose Finance Act 2010 and therefore it meets the definition of i Fund accounting Unrestricted income funds are general funds which are available for use at the trustees' discretion in furtherance of the objectives of the company. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Operating leases Rental payments under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term. Debtors Trade and other debtors are recognised at the settlement amount due. Cash at bank Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors Creditors and provisions are recognised where the charity has a present obligation resulting form a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. INVESTMENT INCOME Deposit account interest 2025 1,718 2024 1,540 Page 8 continued... 4. 5. 7. Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 CHARITABLE ACTIVITIES COSTS Direct Costs Costs of goods sold Support Costs Insurance Premises costs Bank charges Wages & salaries Pensions Depreciation Repairs & renewals Telephone Printing, postage and stationery Advertising Sundry expenses Governance Costs Wages & salaries Accountancy and professional fees 2025 176,991 2,279 21,084 4,985 22,428 677 50 303 886 705 964 1,860 12,616 4,454 250,282 2024 193,600 1,829 19,644 4,972 21,062 620 168 323 551 1,126 417 3,182 11,847 3,840 263,181 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2025 € 50 2024 168 Depreciation - owned assets TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ende 31 March 2024 Trustees' expenses There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS Wages and salaries Other pension costs 2025 35,044 677 35,721 2024 32,909 620 33,529 The average monthly number of employees during the year was as follows: Retail and administrative 2025 2 2024 2 No employees received emoluments in excess of £60,000. The total amount of employee remuneration benefits received by key management personnel is £24,336 (2024 - E23,400). Page 9 continued... Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 LEGAL STATUS OF THE COMPANY The charity is a company limited by guarantee. The members of the company are the trustees listed on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of 9. TANGIBLE FIXED ASSETS Plant and machinery COST At 1 April 2024 and 31 March 2025 8,551 DEPRECIATION At 1 April 2024 Charge for year 8,534 At 31 March 2025 8,534 NET BOOK VALUE At 31 March 2025 At 31 March 2024 17 17 10. STOCKS Stocks 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR VAT Prepayments and accrued income Fixtures and fittings 3,855 3,575 50 3,625 230 280 2025 10,766 2025 8,407 3,458 11,865 2025 3,185 Totals 12,406 12,109 50 12,159 247 297 2024 8,293 2024 8,166 3,318 11,484 2024 3,030 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals 13. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year Between one and five years 2025 9,000 9,000 2024 17,500 9,000 26,500 Page 10 continued... 14. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 At 1.4.24 € 128,316 128,316 Incoming resources 280,956 280,956 Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: At 1.4.23 129,435 129,435 Incoming resources 262,062 262,062 15. Unrestricted funds General fund TOTAL FUNDS RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 11 Net movement in funds 30,674 30,674 At 31.3.25 158,990 158,990 Resources expended (250,282) (250,282) Movement infunds 30,674 30,674 Net movement in funds (1,119) (1,119) Resources expended E (263,181) (263,181) At 31.3.24 128,316 128,316 Movement in funds (1,119) (1,119) continued... Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 16. CONTROL RELATIONSHIPS The Charity is under the control of the Board of Trustees as noted on page 3. Page 12 Stockton Shopmobility Limited Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 "Charity Commissioners Copy" Registered Charity Number: 1048199 ANDERSON BARROWCLIFF LIMITED Chartered Accountants Stockton Shopmobility Limited Contents of the Financial Statements for the Year Ended 31 March 2025 Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Page 1 to 3 4 5 6 7 to 12 Stockton Shopmobility Limited (Registered number: 03061335) Report of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Principle objectives, activities and achievements for the public benefit The principal activity of the business continues to remain the hiring of disability equipment and the selling of disability aids and equipment. We strive to supply an extensive range of items, from small items like walking sticks and shower stools to larger items, such as scooters, riser recliner chairs and profiling beds. Profits from Shopmobility retail are, as always, ploughed back into improving our services and updating our fleet of hire equipment. Shopmobility also offer: driver training through our Scoot Sate Campaign, as well as servicing and repair of vehicles. Looking after customers is very important to Stockton Shopmobility Ltd and we aim to find the right product to meet the individual needs of the customer. Our aim is to provide quality services at reasonable prices. Stockton Borough Council hosts several major events in and around the High Street throughout the year and mobility hire equipment is available for these events wherever possible. The main achievements of the charity have been the increased independence for our clients using the hired mobility equipment. It enables clients to shop, meet friends for coffee or lunch, or to simply enjoy being out the house for a while. Enabling people to get out and about brings revenue to businesses in the town centre. We are gaining a reputation for fair prices for our retail equipment, meaning that customers have a better chance of affording their own equipment. The Trustees have had due regard to guidance published by the Charity Commission on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable activities The Trustees of the Company continue to be optimistic with the overall results achieved for the year. Even in challenging retail conditions sales are still displaying an encouraging trend and retail sales projected growth is very much the basis of our business plan and strategy for revitalising the business. Hires and rental numbers have improved somewhat in conjunction with the move to Wellington Square and a marketing and publicity plan is now in place to concentrate on developing new hires with such strategies as a discount hire scheme. This trend is viewed positively by the Trustees especially in the context of challenging economic cost of living conditions. The Trustees remain confident that our premises move will have a positive and significant impact upon hires and we are envisaging an increase in rental/hire activity and proportionate upturn in income from hires. FINANCIAL REVIEW Reserves policy The Trustees believe that the Charity should hold financial reserves because it has no endowment funding and is entirely dependent upon retail trading which is inevitably subject to fluctuation and it needs to ensure that it can meet its contractual liabilities as they fall due. Ine or the do un is red explain earlie douple ate to the erie red resort eye M currently unrestricted reserves stand at £158,990 Reserve income will be heid in a bank account considered to pay the most favourable interest rates and will be reviewed annually. Page 1 Stockton Shopmobility Limited (Registered number: 03061335) Report of the Trustees for the Year Ended 31 March 2025 FUTURE PLANS The Company has experienced encouraging retail sales since the move to Wellington Square, Stockton and, again, in the context of consumer cost of living challenges, the company sees this as a positive trend in which retail sales continue to grow. The staff of Stockton Shopmobility have worked hard to maintain a good reputation which is reflected in the satisfaction nd loyalty of clients. Both Trustees and staff are positive and feel that the company is in a good commercial position velop retail sales. Since the move there has been a sianificant increase in aeneral footfall and enquirie Comment must be made about a general increase in running costs but this is in the context of general increased prices and the cost of living challenge which is affecting all retail businesses. Our long-term aim remains the same, to be self-sustaining and provide a quality service in both our retail outlet and the Shopmobility scheme. Safety of both our clients and the general public remains a priority with us. We will endeavour to take our Scoot Safe Campaign out into the community, so continuing to educate both mobility scooter users and the general public. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. In the event of the charity being wound up, the liability in respect of the guarantee is limited to f1 per member of the charity. A board of trustee directors govern the charity, and the Manager carries out the day to day running of the service and manages the strategic development of the organisation. In addition, there are co-opted, non-voting members, who attend board meetings in an advisory capacity, who represent some of our partners such as Stockton Borough Council. Induction and training of new trustees All trustees receive a full induction pack, which outlines their duties and responsibilities. This includes information about the Charity Commission rules and regulations, company policies and procedures, and good practice in governance. M Michael Womphrey has a professional background in law and human resource management and provides training for all trustees of the company and employment law and good governance. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. In deciding what constitutes a risk, the trustees considered the following headings:- - Governance and Management - Operational risk - Financial risk - Environmental/External Factors - Compliance Risk (Law and regulation) Within each heading the trustees identified the potential risk to the charity, the appropriate control measures needed to manage the identified risk and an assessment of the risk level when those control measures have been applied. The trustees have given particular consideration to the financial risks to the charity and have prepared a Reserves policy to ensure that its contractual obligations can always be met. The trustees will review the Risk Management Strategy annually. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03061335 (England and Wales) Registered Charity number 1048199 Page 2 Stockton Shopmobility Limited (Registered number: 03061335) Report of the Trustees for the Year Ended 31 March 2025 Registered office 16 Wellington Street Stockton on Tees TS18 1NA Trustees L Osborne (Vice Chair) M Womphrey (Chair) Councillor A McCoy A Osborne J Nimmo Manager D P Barwick Company Secretary D P Barwick Independent Examiner Anderson Barrowcliff Limited Chartered Accountants 3 Kingfisher Court Bowesfield Park tockton on Tee Bankers HSBC Bank plo 136 High Street Stockton on Tees TS18 1LR This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 16 JuLy 2025 .... and signed on its behalf by: M Womphrey (Chairman) - Trustee Page 3 Independent Examiner's Report to the Trustees of Stockton Shopmobility Limited Independent examiner's report to the trustees of Stockton Shopmobility Limited (the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charty's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act"). 22222 Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. 2. 3. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting ] and reporting by charities (applicable to charities preparing their accounts 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 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. Aach bill James Dale FCCA Anderson Barrowcliff Limited Chartered Accountants 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX Date: . U1715 Page 4 Restricted fund 2025 Total funds INCOME AND ENDOWMENTS FROM Charitable activities Grants - Stockton Borough Council Retail Income Hire Income Investment income Total EXPENDITURE ON Charitable activities Retail and hire NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD Stockton Shopmobility Limited Statement of Financial Activities for the Year Ended 31 March 2025 Notes 3 Unrestricted Funds 3,000 268,933 7,305 1,718 280,956 : - 3,000 268,933 7,305 1,718 280,956 4 250,282 30,674 - 250,282 30,674 128,316 158,990 - 128,316 158,990 The notes form part of these financial statements Page 5 2024 Total funds 6,000 250,407 4,115 1,540 262,062 263,181 (1,119) 129,435 128,316 Stockton Shopmobility Limited (Registered number: 03061335) Balance Sheet 31 March 2025 FIXED ASSETS Tangible assets CURRENT ASSETS Stocks Debtors Cash at bank and in hand Notes 9 Unrestricted funds Restricted fund 2025 Total funds 2024 Total funds 247 247 297 10 11 10,766 11,865 139,297 161,928 : - - 10,766 11,865 139,297 161,928 8,293 11,484 111,272 131,049 CREDITORS Amounts falling due within one year (3,185) - (3,185) (3,030) NET CURRENT ASSETS 158,743 - 158,743 128,019 TOTAL ASSETS LESS CURRENT LIABILITIES 158,990 158,990 128,316 NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS 158,990 - 158,990 128,316 14 158,990 158,990 128,316 128,316 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company a at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for ....and were signed on its behalf by: M Womphrey (Chairman) - Trustee The notes form part of these financial statements Page 6 Stockton Shopmobility Limited Notes to the Financial Statements for the Year Ended 31 March 2025 1. 2. STATUTORY INFORMATION Stockton Shopmobility Limited is a private charitable company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found in the Trustees' Report. The financial statements are presented in sterling which is the functional currency of the charitable company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019 - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland Stockton Shopmobility Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. Income Items of income are recognised and included int he accounts when all the following criteria are met: - The charity have entitlement to the funds. - Any performance conditions attached to the items) of income have been met or are fully within the control of the charity. - There is sufficient certainty that receipt of the income is considered probable; and - The amount can be measured reliably. Deferred income represents amounts received for future periods and is released to incoming resources in the period to which it relates. Such income is only deferred when: - The donor specifies that the donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the charity has unconditional entitlement. Investment income is recognised on a receivable basis. Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. There is no netting off within the accounts. Expenditure Liabilities are recognised as soon as there is a legal or constructive obligation committing the company to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings tha aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the company in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by usage. Governance costs include those incurred in the governance of the charity which are associated with the constitutional and statutory requirements. Tangible fixed assets Fixed assets are stated at cost less accumulated depreciation. Assets purchased from restricted funds are capitalised in the Balance Sheet and the funds then transferred to unrestricted funds as they have been expended in the year. Page 7 continued... 2. Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Scooters, Chairs etc - 20% straight line omputer equipment - 20% straight lin urniture and equipment - 15% reducing balan Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation The charity is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and is considered to pas the ests pat our u arporaton tax purpose Finance Act 2010 and therefore it meets the definition of i Fund accounting Unrestricted income funds are general funds which are available for use at the trustees' discretion in furtherance of the objectives of the company. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Operating leases Rental payments under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term. Debtors Trade and other debtors are recognised at the settlement amount due. Cash at bank Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors Creditors and provisions are recognised where the charity has a present obligation resulting form a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. INVESTMENT INCOME Deposit account interest 2025 1,718 2024 1,540 Page 8 continued... 4. 5. 7. Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 CHARITABLE ACTIVITIES COSTS Direct Costs Costs of goods sold Support Costs Insurance Premises costs Bank charges Wages & salaries Pensions Depreciation Repairs & renewals Telephone Printing, postage and stationery Advertising Sundry expenses Governance Costs Wages & salaries Accountancy and professional fees 2025 176,991 2,279 21,084 4,985 22,428 677 50 303 886 705 964 1,860 12,616 4,454 250,282 2024 193,600 1,829 19,644 4,972 21,062 620 168 323 551 1,126 417 3,182 11,847 3,840 263,181 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2025 € 50 2024 168 Depreciation - owned assets TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ende 31 March 2024 Trustees' expenses There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS Wages and salaries Other pension costs 2025 35,044 677 35,721 2024 32,909 620 33,529 The average monthly number of employees during the year was as follows: Retail and administrative 2025 2 2024 2 No employees received emoluments in excess of £60,000. The total amount of employee remuneration benefits received by key management personnel is £24,336 (2024 - E23,400). Page 9 continued... Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 LEGAL STATUS OF THE COMPANY The charity is a company limited by guarantee. The members of the company are the trustees listed on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of 9. TANGIBLE FIXED ASSETS Plant and machinery COST At 1 April 2024 and 31 March 2025 8,551 DEPRECIATION At 1 April 2024 Charge for year 8,534 At 31 March 2025 8,534 NET BOOK VALUE At 31 March 2025 At 31 March 2024 17 17 10. STOCKS Stocks 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR VAT Prepayments and accrued income Fixtures and fittings 3,855 3,575 50 3,625 230 280 2025 10,766 2025 8,407 3,458 11,865 2025 3,185 Totals 12,406 12,109 50 12,159 247 297 2024 8,293 2024 8,166 3,318 11,484 2024 3,030 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals 13. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year Between one and five years 2025 9,000 9,000 2024 17,500 9,000 26,500 Page 10 continued... 14. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 At 1.4.24 € 128,316 128,316 Incoming resources 280,956 280,956 Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: At 1.4.23 129,435 129,435 Incoming resources 262,062 262,062 15. Unrestricted funds General fund TOTAL FUNDS RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 11 Net movement in funds 30,674 30,674 At 31.3.25 158,990 158,990 Resources expended (250,282) (250,282) Movement infunds 30,674 30,674 Net movement in funds (1,119) (1,119) Resources expended E (263,181) (263,181) At 31.3.24 128,316 128,316 Movement in funds (1,119) (1,119) continued... Stockton Shopmobility Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2025 16. CONTROL RELATIONSHIPS The Charity is under the control of the Board of Trustees as noted on page 3. Page 12