##
##
##
##
|||||Page|
|---|---|---|---|---|
|Reference and administrative|details ofthe company,|its trustees|and advisers||
|Trustees'
report||||2-7|
|Independent
examiner's
report|||||
|Statement offinancial activities|||||
|Balance sheet||||10-11|
|Notes to the financial statements||||12-27|
##
##
|Trustees||Councillor
Edward Darke|
|---|---|---|
|||Nicholas
Kincaid, Chair|
|||Brenda Gildea|
|||Keith Felton|
|||Alan Turner|
|||Duncan
Campbell|
|||Paul Cook|
|Company|registered||
|number||03397247|
|Charity registered|||
|number||1064098|
|Registered|office|Hudson Street|
|||North Shields|
|||Tyne and Wear|
|||NE30 1DL|
|Patron||Lord Stevens of Kirkwhelpington|
|Vice Patron||John Squires OBE|
|Accountants||Ryecroft Glenton|
|||Chartered
Accountants|
|||32 Portland
Terrace|
|||Newcastle
upon Tyne|
|||NE2 1QP|
|Bankers||Natwest
Bank pic|
|||PO Box38|
|||North Shields|
|||Tyne and Wear|
|||NE29 6QB|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note||6|||
|Income from:||||||||
|Donations
and|legacies|||1,000|1,274|2,274|1,827|
|Charitable
activities|||||403,152|403,152|378,800|
|Investments|||||3|3|21|
|Other income|||||61,990|61,990|31,245|
|Total income||||1,000|466,419|467,419|411,893|
|Expenditure
on:||||||||
|Raising funds|||||26,065|26,065|25,983|
|Charitable
activities||||1,000|465,644|466,644|440,972|
|Total expenditure||||1,000|491,709|492,709|486,955|
|Net movement|in funds||||(25,290)|(25,290)|(55,062)|
|Reconciliation|offunds:|||||||
|Total funds brought||forward|||1,257,662|1,257,662|1,312,724|
|Net movement|in funds||||(25,290)|(25,290)|(55,062)|
|Total funds carried||forward|||1,232,372|1,232,372|1,257,862|
##
||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note||6|||
|Fixed assets||||||||
|Tangible assets|||12||1,310,135||1,346,931|
||||||1,310,135||1,346,931|
|Current assets||||||||
|Stocks|||13|3,500||3,500||
|Debtors|||14|34,519||22,296||
|Cash at bank and|in hand|||67,673||52,656||
|||||105,692||78,452||
|Creditors: amounts|falling|due within one||||||
|year|||15|(40,532)||(38,726)||
|Net current assets|||||65,160||39,726|
|Total assets less|current|liabilities|||1,375,295||1,386,657|
|Creditors: amounts|falling|due after more||||||
|than one year|||16||(142,923)||(128,995)|
|Net assets|||||1,232,372||1,257,662|
|Total net assets|||||1 232372||1,257,662|
|Charity funds||||||||
|Restricted funds|||18|||||
|Unrestricted
funds|||18||1,232,372||1,257,662|
|Total funds|||||1,232,372||'l,257,662|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Restricted|Unrestricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2021|
|||E|E|
|Donations|1,000|1,274|2,274|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2020
f|2020
5|2020f|
|Donations|1,500|327|1,827|
##
||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021
E|2021f|
|Income|from charitable|activities - Operation|of automobile|services and|||
|training|centre||||403,152|403,152|
||||||Unrestri cted|Total|
||||||funds|funds|
||||||2020|2020|
|Income|from charitable|activities - Operation|of automobile|services and|||
|training|centre||||378,800|378,800|
##
##
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|||E|E|
|Investment|income|||
|||Unrestricted|Total|
|||funds|funds|
|||2020|2020|
|||5||
|Investment|income|21|21|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|||6||
|Furlough|income|36,458|36,458|
|COVID|grants|25,532|25,532|
|||61,990|61,990|
|||Unrestricted|Total|
|||funds|funds|
|||2020f|2020f|
|Furlough|income|31,245|31,245|
##
##
##
##
|||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2021|
||||||6|6|
|Operation|ofautomobile|services and training|centre|1,000|465,644|466,644|
|||||Restricted|Unrestricted|Total|
|||||funds|funds|funds|
|||||2020|2020|2020f|
|Operation|of automobile|services and training|centre|1,500|439,472|440,972|
|Analysis|ofexpenditure|by activities|||||
|||||||Activities|||
|---|---|---|---|---|---|---|---|---|
|||||||undertaken|Support|Total|
|||||||directly|costs|funds|
|||||||2021|2021|2021|
||||||||6|6|
|Operation|ofautomobile|services|and|training|centre|318,116|148,528|466,644|
|||||||Activities|||
|||||||undertaken|Support|Total|
|||||||directly|costs|funds|
|||||||2020f|2020f|2020
5|
|Operation|ofautomobile|services|and|training|centre|300,706|140,266|440,972|
##
##
##
||Operation||
|---|---|---|
||of||
||automobile||
||services||
||and training|Total|
||centre|funds|
||2021|2021|
||6|F|
|Wages and salaries|193,278|193,278|
|Depreciation|36,796|36,796|
|Purchases
and activities costs|51,518|51,5'I8|
|Motor, travel and subsistence|6,346|6,346|
|Boots and clothing|1,175|1,175|
|Training costs and exam fees|29,003|29,003|
||318,116|318,116|
||Operation
ol||
||automobile||
||services and||
||training|Total|
||centre|funds|
||2020|2020|
|||5|
|Wages and salaries|183,589|183,589|
|Depreciation|36,850|36,850|
|Purchases
and activities costs|54,394|54,394|
|Motor, travel and subsistence|4,905|4,905|
|Boots and clothing|903|903|
|Training costs and exam fees|20,065|20,065|
||300,705|300,706|
##
##
##
|||||Operation||
|---|---|---|---|---|---|
|||||of||
|||||automobile||
|||||services||
|||||and training|Total|
|||||centre|funds|
|||||2021|2021|
||||||F|
|Wages and||salaries||86,709|86,709|
|Premises|expenses|||10,923|10,923|
|Professional||fees||9,502|9,502|
|Accountancy||||2,725|2,725|
|Sundries|and subscriptions|||2,309|2,309|
|Bank charges and loan|||interest|3,987|3,987|
|Telephone,||postage and|stationery|8,730|8,730|
|Insurance|and rental charges|||20,948|20,948|
|Independent||examiner's|fee - Governance|2,695|2,695|
|||||148,528|148,528|
##
##
##
|||||Operation
ot||
|---|---|---|---|---|---|
|||||automobile||
|||||services and||
|||||training|Total|
|||||centre|funds|
|||||2020f|2020|
|Wages and|salaries|||87,033|87,033|
|Depreciation||||1,079|1,079|
|Premises expenses||||8,425|8,425|
|Professional||fees||2,241|2,241|
|Accountancy||||2,785|2,785|
|Sundries
and||subscriptions||5,173|5,173|
|Bank charges||and loan|interest|3,893|3,893|
|Telephone,|postage and||stationery|6,389|6,389|
|Insurance
and rental charges||||20,553|20,553|
|Independent||examiner's|fee - Governance|2,695|2,695|
|||||140,266|140,266|
##
##
||||2021|2020|
|---|---|---|---|---|
|Wages|and|salaries|306,052|296,605|
||||306,052|296,605|
||||2021|2020|
|---|---|---|---|---|
||||No.|No.|
|Management|and|administration|5||
|Projects|||10||
||||15||
##
##
##
|||Long-term||||
|---|---|---|---|---|---|
|||leasehold|Plant and|Motor||
|||propertyf|machinery|vehicles|Total|
||Cost or valuation|||||
||At 1 August 2020|1,831,638|102,587|7,835|1,942,060|
||At 31 July 2021|1,831,638|102,587|7,835|1,942,060|
||Depreciation|||||
||At 1 August 2020|485,358|102,587|7,184|595,129|
||Charge for the year|36,633||163|36,796|
||At 31 July 2021|521,991|102,587|7,347|631,925|
||Net book value|||||
||At 31 July 2021|1,309,647||488|1,310,'I35|
||At 31July 2020|1,346,280||651|1,346,931|
|13.|Stocks|||||
|||||2021|2020|
||Finished goods and goods for resale|||3,500|3,500|
|14.|Debtors|||||
|||||2021|2020|
||Due within one year|||||
||Trade debtors|||29,448|19,957|
||Other debtors|||5,071|1,889|
||Prepayments
and accrued income||||450|
|||||34,519|22,296|
##
##
##
|||2021f|2020f|
|---|---|---|---|
|Bank overdrafts
Bank loans
Trade creditors||21,513
8,137|1,662
12,744
13,668|
|Other creditors
Accruals and deferred|income|5,132
5,750|4,702
5,950|
|||40,532|38,726|
##
||2021f|2020f|
|---|---|---|
|Bank loans|102,923|128,995|
|Otherloans|40,000||
||142,923|128,995|
||||2021f|2020f|
|---|---|---|---|---|
|Repayable|by|instalments|47,848|28,019|
||||47,848|28,019|
##
##
##
|||||||||||2021|2020f|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Financial|assets|||||||||||
|Financial|assets|measured|at|fair|value|through|income|and|expenditure|67,673|52,656|
|||Balance at 1|||Balance at|
|---|---|---|---|---|---|
|||August 2020|Income
f|Expenditure
f|31July 2021
f|
|Unrestricted
funds||||||
|General|Funds|1,257,662|466,419|(491,709)|1,232,372|
|Restricted funds||||||
|Holiday|schemes||1,000|(1,000)||
|Total of|funds|1,257,662|467,419|(492,709)|1,232,372|
|Stateme|nt offunds - prior year|||||
|---|---|---|---|---|---|
|||Balance et||||
|||1August|||Balance et|
|||2019f|Income
f|Expenditure
f|31Ju/y 2020
f|
|Unrestricted
funds||||||
|General|Funds|1,312,724|410,393|(455,455)|1,257,562|
|Restricted funds||||||
|Holiday|schemes||1,000|(1,000)||
|Trainee|incentives||500|(500)||
||||1,500|(1,500)||
|Total of|funds|1,312,724|411,893|(466,955)|'/,257,662|
##
##
##
|Summary|offunds - current year|||||
|---|---|---|---|---|---|
|||Balance at 1|||Balance at|
|||August 2020f|Income
6|Expenditure
f|31July 2021
f|
|General funds||1,257,662|466,419|(491,709)|1,232,372|
|Restricted|funds||1,000|(1,000)||
|||1,257,662|467,419|(492,709)|1,232,372|
|Summary|offunds - prior year|||||
|||Balance at||||
|||1August|||Balance at|
|||2019f|Income
f|Expenditure|31Ju/Ir 2020
f|
|General funds||1,312,724|410,393|(465,455)|1,257,662|
|Restricted|funds||1,500|(1,500)||
|||1,312,724|411,893|(466,955)|1,257,662|
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2021|2021|
|||||5|
|Tangible|fixed|assets|1,310,135|1,310,135|
|Current|assets||105,692|105,692|
|Creditors
Creditors|due
due|within one year
in more than one year|(40,532)
(142,923)|(40,532)
(142,923)|
|Total|||1,232,372|1,232,372|
||||Unrestricted|Torsi|
|---|---|---|---|---|
||||funds|funds|
||||2020f|2020f|
|Tangible|fixed|assets|1,346,931|1,346,931|
|Current|assets||78,452|78,452|
|Creditors
Creditors|due
due|within one year
in more than one year|(38,726)
(128,995)|(38,726)
(128,995)|
|Total|||1,257,662|1,257,662|
##
##
##