BOGNOR REGIS SHOPMOBILITY REPORT OF THE TRUSTEES AND FINANCIAL STATEMENT FOR THE YEAR ENDING 31ST MARCH 2021 Registered Charity Number 1063995 BOGNOR REGIS SHOPMOBILITY CONTENTS Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statement Detsiled Statement of Financial Activities BOGNOR REGIS SHOPMOBILITY- TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2021 The Trustees present their report with the financial slatements of the Chariiy for the year ended 31 St March 2021. The Trustees have adopted the provisions of the Statement of Recommended practi￿ (SORP 2005) Accounting and Reporting by Charities issued March 2005 (updated 2009) Reference & Adminlstrative Details - Registered Charity Number 1063995 Principal Address Old Fire Station, Town Hall, Belmont Street Car Park, Bognor Regis, West Sussex. P0211LD Trustees J Griffin, R Goldring, B Chadwick, P Dillon, S Newton. K Chambers Structure Governance and Management The Charity is controlled by its Goveming Document. a Deed of Trust and constitutes an unincorporated Charity. Organisation The Management Committee comprising not less than six nor more than twelve persons managing the Charity. Ha￿ of the Management Committee stands down each year by rotation and are eligible for immediate re-election or re-appointment at the AGM. Any casual vacancy on the Management Committee may be filled by that Committee. Decisions are made by majority vote of the Committee Members present and voting, with the Chairperson having a second or casting vote in the event of equalty. Related Parties - There were no related party transactions during the year. Risk Management The Trustees have a duty to identrfy and review the risks to which the Charty is exposed and to ensure appropriate controls are in pla￿ to provide reasonable assuran￿ against fraud and error. Objectives and Activities. Objectives and Aims When planning our acttvtties for the year. we have ￿nsidered The Commission's guidan￿ on the public benefit. We aim to give freedom of movement in the Bognor Regis and surrounding areas, to people restricted by lack of mobility and disabilty regardless of age. gender or ra￿ by the provision and maintenance of such equipment and other items and materials for the efficient running of the Charity. BOGNOR REGIS SHOPMOBILITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 202q Achievement and Perfonnance Charitable Activities The charity has continued to operate with the range of ServI￿S it offers. By increasing its available scooter and wheelchair range try to ensure all people restricted by lack of mobilty and disabled can enjoy the freedom of movement in Bognor Regis and the surrounding areas. FINANCIAL REVIEW Reserves Policy The Trustees will aim to maintain sufficient reserves to continue payment of rent. wages and utilities for a pericd of six months and necessary replacement of vehicles. The Trustees will consider and examine the level of reserves each year. The reserve policy will be reviewed at least every two years The amount to the sum of £40.000. Investment Policy Under the constitution, the Charity has the power to make any investment which the Management Committee see fit. STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees are responsible for preparing the financial statements in accordan￿ with application law and United Kingdom Generally AC￿pted Accounting Practi￿. Charity law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have b&n elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Practice (Unrted Kingdom Accounting Practice Stsndards and Applicable Law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus of deficit of the Charity for that period. In preparing those financial statements, the trustees are required to.. Setect suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent Prepare the financial statements on the going cOn￿M basis unless it is inappropriate to presume that the charty will continue in business The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy of any time the financial posttion of the Charity and to enable them to ensure that the financial statements comply wrth the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities. ON BEHALF OF THE BOARD: ..Chairnian ..Date BOGNOR REGIS SHOPM . Treasurer BILITY STATEMENT OF FINANCIAL ACTIVITIES AS AT 31ST MARCH 2021 2021 2020 INCOMING RESOURCES Incoming resourc8s from generdted funds Voluntary income 73 5221 Activities for generating funds Investment Income Incoming resources from charitable aclivities Shopmobility ser11￿s-Grants -Asset Sales Total incoming resources 15907 12 62682 47 5500 1282 22774 4620 225 72795 RESOUCES EXPENDED Charitable Activities Shopmobility expenses Governance costs Total Resources expended 39433 330 39763 81004 907 81911 NET INCOMINGIOUTGOING FUNDS {169891 (9116) RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD 60222 69338 TOTAL FUNDS CARRIED FORWARD 43233 60222 BOGNOR REGIS SHOPMOBILITY BALANCE SHEET AS AT 31ST MARCH 2021 2021 Total unrestricted funds 2020 Total unrestricted funds FIXED ASSETS Tangible assets 8270 14584 CURRENT ASSETS Debtors Cash at Bank and in hand Total 2992 32438 35430 6689 43427 50116 CREDITORS Amounts falling due within one year 467 4478 NET CURRENT ASSETS 45638 NET ASSETS 43233 60222 FUNDS Unrestricted Funds Restricted Funds-Resep4es TOTAL FUNDS 3233 40000 43233 15222 45000 60222 The financial Statements were The Board of Trustees on . by BOGNOR REGIS SHOPMOBILITY NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDING 31ST MARCH 2021 1) ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2007), the Charities Act 1993 and the requirements of the Statement of Recommended Practi￿, Accounting and Reporting by charities. INCOMING RESOURCES All incoming resources are included on the Statement of Financial Activities when the Charity is entttled to the income and the amount can be quantified with reasonable accuracy. RESOURCES EXPENDED Expenditure is accounted for on an accrued basis, and has been dassified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activiti'es on a basis consistent with the use of the reSoUr￿s. TANGIBLE AssErs Depreciation is provided at the following annual rates, in order to write each asset off over the period of its useful life. Vehicle and offi￿ Equipment, 250A on cost. TAXATION The Charity is exempt from the tax on its charitable activrties. FUND ACCOUNTING Unrestricted fvnds can be used in accordano with the charitable activities at the discretion of the Trustees. Restricted funds can only be used for particular restricted purposes within the objects of the Charty. Restrictions arise when the donor or funds are raised for particular restricted purposes. 2) VOLUNTARY INCOME 2021 2020 Donations Gifts in Kind 73 5221 73 5221 BOGNOR REGIS SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS Continued FOR THE YEAR ENDING 31ST MARCH 2021 3) Activities for Generating funds 2021 2020 Vehicle Hire- Bognor Vehicle Hire- Worthing Fundraising Commission 15421 49178 10724 2780 62682 15907 4) Investment Income 5> Income from Charftable Activities Grants - Total Asset Sale 12 47 5500 1282 4620 225 6) Trustees Remuneration & Benefits There were no Trustees expenses or remuneration paid for the year to 31st March 2021 7) Stsff Costs Wages & Salaries Pension Contributions 16863 2021 36771 1866 8) Fixed Assets Cost 1.4.2020 Additions 31.3.21 Van Scooters Equipment 13269 141141 7137 13269 141141 7137 Depreciation 01.04.2020 Annual charge 13269 126804 6205 133009 8132 6890 109 6999 138 13269 NBV BOGNOR REGIS SHOPMOBILITY STATEMENT OF FINANCIAL ACTIVITIES As at 31st MARCH 2021 Continued 2021 2020 9> Debtors 2992 6689 10)Creditors 4478 11)Movement in funds 01104120 31103121 Total Funds 60222 (16989) 43233 Unrestricted Funds Incoming Resources Spent Movement Resources General funds 22774 (39763) 116989) BOGNOR REGIS SHOPMOBILITY STATEMENT OF FINANCIAL ACTNITIES AS AT 31ST MARCH 2021 2021 2020 INCOMING RESOURCES Voluntary Income- donations Activities for generating funds Vehicle Hire- Bognor Vehicle Hire- Worthing Fundraising Commission on Sales 73 5221 15421 49178 10724 486 15907 2780 62682 Investment Income Deposit Account Income Grants Asset Sale 12 5500 1282 47 4620 225 Total Incoming Resources 22774 72795 RESOURCES EXPENDED Charltable Activltles Goods for resale Wages RenURateslLight & Heat Insurance Telephone Postage & Stationery Advertising Sundries Staff Training & Welfare Office equipment & Supplies Travel Expenseslinc van expen Scooter Maintenancelstorage Subscriptions LiCen￿S & Penntts Repairs & Renewals Bank charges Depreciation of tangible fixed assets 132 18884 2124 1599 1226 2292 38637 3139 2011 1602 795 336 494 30 7775 11452 223 127 117 3664 2094 20 607 1918 6314 39433 62 622 3131 8626 81004 BOGNOR REGIS SHOPMOBILITY STATEMEKf OF FINANCIAL ACTivrriES AS AT 31ST MARCH 2021 Continued 2021 2020 Brought FonNard 39433 81004 Govemance costs Professional servi￿8 330 907 330 907 Total Resources Expended 39763 81911 Net (expendituretincome) (16989) (9116)