MOBILITYTRUST i() ()(I () ()111 MOBILITY TRUST Flnanclal Stalem8nt8 for the year ended 31. March 2024 Rgglstered Charlty Numbér: 1070975
Moblllty Trust Contents Page Legal and Admlnlslrative Details Trustees, Report Indepèndent Examlners Sialèmanl Slalem6nl ol Flnanclal Acllvilies Balanco sheet Nolos lo the Fln8nclal Slalemenlg 7-11
Moblllty Trusl Legal and Adrnlnlstratlve Detalls Rogl8t?red Charlty No: 1070975 Tru¥t•O8: Thomas Loyd . Chalrman Angela Simp50n Grogg Burgess-sallsbury Larry Burgesg Vlce Pr•ild•nts: Jana Ashef David Barnett Roger Jefcoale CBE. DL Chl•f Executlv•: Denlse Valenllng Prlnclpl? Offlce PO Box 7044 Tadley HampshSre RG24 4PL Accountant•: LJ Smllh Aceounlanls Ltd Orwell House 50 High Sireet HLtngerford Borkshlra RG17 ONE Banker8'. CAFCASH Lld Klngs Hill Wesl M811ing Kent ME19 4TA
Mobility Trust Report of the Trustees Th8 Trustees submit Ihelr annual report, together with the financial slatemenls of the Trust. for the year endèd 31st March 2024. Tho financial slalements have been prepared in accordance wSth the accounllng pollcles set out on page 7 and comply with the trust deed and appllcable law. PRINCIPAL OBJECTIVES . Th8 governlng Inslrum8nl ol th6 Trust Is a Trust Deed executed on the 14th July 1998. The objecllves of th& Trust are lo promote and Improve the ma18rial, mental and spbrflual welfare of persons wilhln tha Unlled Kingdom of England, Scotland and Wales including Ihe Isle of Man and the Channel Islands whose moblllty has been Impalred by accldent or illness. Details of thè Trust are set out hereunder.. POLICIES ADOPTED BY THE TRUST We are nol a grant glvlng charity bul provld9 as51slance to beneficlarles by supplying mobility equlpment that has been assessed by Independent specialisls. That may Include an Independent Physiolherapisl, Occupallonal Theraplsl or Speciallgl Englneer. Thls ensures that th6 equlpmenl provided best meels Ihe needs of the benellciary and Is based upon clinical neod. We work wilh selecled suppliers across the country and recelve special & very genèrous dis¢ounls award9d lo us lo ensurg W8 purchas8 8qulpmenl al the best p05sibl8 value to Oplimise our charitable funds. In addition lo the ass85smenl and tha lundlng of thg equlpmenl we feel It Is essenllal that an efflclenl aller-sales servlc8 Ss Included to mainlaln thè equiprn8nl. Thereforé Insurance cover & servlce cos16 are also provlded lor Ihe mobllily equlpmenl. The wheelchalrs that we provlde can vary In cost (rom £3.000 to £10.000. dcpending on the clinlcal need of each p&rson, as prescrlbed in the healthcar& pro1855ional's a55essmenl report. The work involv8d with each individual case can be lusl as time consumlng regardless of equipment cost. 11 Is vllal Ihal we consider the lollowlng for each case: Accèsslblllty: whether or not they need ramps, whether there Is suitable access Into and around Iholr homo; any problems wlth narrow passages and turning polnls Into rooms and whether Iherg is sullable storage and power for charging balleries. Cllnlcal con31deratlons: does the appllcant have postural problems, skln trauma, complèx medical Condillons? Do they have the cognillve 8bllily to operate the equipment - If unable lo operate such equipmenl Independenlly they may be consldered for a duallaltendant controlled wheelchalr. We do not want lo deprive anybody Ihe chance of moblllty bul our duly Is also lo the general publSc wh8n tho beneflclary15 operallng equlpmenl out in Ihe public domaln. W8 ¢onsld8r our duly of care to be pararnounl In ev8ry aspecl of the provislon of mobility equlpmenl. REVIEW OF THE PERIOD: Thls year we havè conllnued lo malntaln and bulld on the number of appllcatlons that have been processed through Ihe charlty and resulted In Commllled cases. The trust have continued lo use our own funds to prime funding appea15 thus r8duclng the amount ol donallons recelved Inlo the trust. As well 8$ providing assessment. fundralsing and provlslon of equlpmenl we have also provlded a high level of support to appllcanls. Dlscussing routes lo access mobility equlpmenl, slgn posting 10 811emallve servlceslcharllies and provldlng guldance lo meet access and storage requlremenls. We have extended our neiwork of suppliers and seating professionals working wilh th? Charity across Ihe UK lo enable us lo provlde furiher compelilivg price of equipment and maximise the use of charity funds. Somelhlng we are working to ¢onlinue over the coming year lo build on this further lo increase on the number of completed cases for the corning year.
Moblllty Trust Rgport of Ihg Trusloes RESERVES POLICY: Tho Irusloos are con5CIOU5 Ihal wo ensure that our reservos continue to be equivalont lo one and a hall year's running costs as well as covoring all ongtyng cornmilmenls lo all cjur bènÈficiarie5. In addition lo oijr ¢ash r05ervas our inveslmenis are managed with M&G. who provide some ol Iho tsesl perfoimlng Invfjslmonl funds for Charill8S. ADMINISTRATION COSTS.. Wo feel Il Is Imporlanl to point out Ihai the adminlsircltlon cosls within Iho financial 51aiémcnls not only Cover fundralsing bul also all areas connected wlh the processing and complal'on ol applicalions into tho charily. bnlh thosè that arè surceq$ful and lin4iic¢t$slul. We boliovè our charity PFJrforms a unlqiie role lo our beiieficlarl¥s with up lo 50°/0 ol our lirno spent on a5sisilng applicants wllh Iheir hppllcallons Into Ihe charlty and providing support lo thom 10 ensure Ihul Ihoy rocoivts: adequat• $¢Jpport Bt hom exploring all opliong fgr aiiy slalulory lundod oqulprnonl glving emotlonal support to those wlih no activo Ilnk$ w5th supportlng comrnunlly servlce$ onsurlng thai they tiro In rtscoipl ol IhG corrocl bonolils availablo lo Ihem Oncej an applicallon has heen made, oiir admin5slralive servictss also include Ihe organi$alion uf Ilie medScal 55055rnonl, equlprnénl purehaso, Insuran¢8 cover and we ondoavour 10 solvè any problorns Ihai may o¢cur after dollvory 8nd in Iho 3 y¢afS Ortor Initial provision whilst a valid Sn9uranco poliey covors tho equipmonl. Al evgry slaoe we 1Salso wilh the beneflciary, Ihelr carers and anyono olso dlroclly Involved, Tho omolionill Aspects ol a porson's dlsabilily aro ol tho ulm051 lrnportanc8 in Bll ¢asos Bnd nèod spocial allgnllon. Tho Ilmo taken In carrylng out this work can vary c01151dfr)rHbly bul w8 have a responsibillly In all our 1>8ntificiarie8 anil lo the people and nrganisallons who help (Js lo hel¥J them. An unsalislaclory wliLielLhBir can result In serlous mu5cular-sk#lelhl delormllies and tissue trauma which can profoundly allecl dignlly, spII.ima9e and produclivlly. We boll8ve that tho equipment we providc should not only bo right when pres¢nbed tyul a150 account lor luluro changes In Iheir condilion whero able. Every member ol stall wllhln Ihe charity is acllvely Involvod In Ihesa a5p8cls and the c0510l Ihls work hag 10 come from our core or unroslrlclod lund5. TRUSTEES, RESPONS181LITIES IN RELATION TO THE FINANCIAL STATEMENTS: Law applicAblo I r.hArilis In Fnolnnd I Wnlos r)oiJlfe% Ihg IriJ%loos lu prnpir ru finniiciul slt)1011igiils lur ijiieli firiiirnLi21 yOAr which givo a Iriio and lilr vlow ol tho eharlly s financilil activillos during thè yèar and ol ils fin#n¢lii I poslllon nl tha end ol the yoar. In proparlng Ihosti financlal slalomonl4 tho Iruslpes aro roqulrod lo.. select sullable aeeounling policles and then apply them e¢n$l$lenlly'. slalo wh#lher appli¢able aecounling slundard5 and slalernonls ol recommgndod pra¢li¢g have been followed subj¢l lo any rnalorlal dtrparturos disclosed and explained In thè financial slaiemenls., and propafe the financial slalemenls on lh• golng concern ba51$ unles5 11 Is Inappropriate lo presume Ihal Ihe charily will conlinuv in opeialion. Thg lrvsleop aTQ rosponsiblo lor keeping occounling rocord8, whlch dlselose wlh feason8blo 8ccuracy al any lime th linan¢ial posilion ¢1 tho ¢harily and lo enablo them lo en51Jre Ihal Ihe financial sltilemenls comply with tho Charities Acl 2011. They are also re8ponsiblo for safoguarding Ihe cJ5sel8 ol tho cliarity and honce lor taking roasonablo slops lor Iho provonlion and doloclion ol Ir8ud and olhgr irregularilios. Tlio Trusloo$ may invgst any rnonies roquiring Invèslmenl in or upon any invoslmonls lor Ihe limo being aulhorisod by l<lW lor lh¢ invéslmonl ol Trvsl lunds. INDEPENDENT EXAMINER.. The trustees Intend lo ask thè &xisling accounlanls lo undertake thé Independent examlnalSon of Ihe trust In the lollowSng year. Approved by the Iru51tres and slgned on Ihelr behalf by". Thomas Loyd- Chalrman Dated.. 30th January 202S
Independent Examlners Statement to the Trustees of Moblllty Trust We report on ihe accounts of tho Trust for Ihe year ended 31 March 2024 as sel out on pages 5 10 11. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Charlty's Iruslees are responslblo lor the preparation ol the accounls. The chorills Iruslees consider that on audit Is not requlred for Ihls year under secllon 144 of Ihe Charities Act 2011 Ilhe Charities Acl} and Ihat an Indopendenl &xarnlnallon Is needed. 11 1$ our responslbllity lo.. examlne thè accounts und6r section 145 of the Charllles Act.. lo follow Iha procedures lald down In the Gen8ral Directions given by the Charity Commission under section 14515llb} of the Charities Act,. and lo siale whelher particular mallers havo come lo our attenilon. BASIS OF INDEPENDANT EXAMINER'S STATEMENT Our examination was carrled out In accordanca wllh the General Dlrecllons givon by the Charlty Commlssioners. examlnatSon Includas the revlew of Ihe accounllng records kept by (he charlty and a comparlson ol tho accounts presented wilh those rerds.11 also In¢lude$ e¢nsld8ralSon of any unusual items ol disclosures In tho accounts, and seeklng explanations from you as liusl885 concernlng any such mallers. The pro¢odure$ undertaken do not provld¢ 811 the 8vidence that would be requlred in an audil, and ¢onsequenlly no oplnlon15 giv¢n a5 to whelher Ihe accoun15 present a 'lruo and falr Yl•w' and tho report Is Ilmllod to those matters sol out In tho slalomonl bolow. INDEPENDANT EXAMINERS STATEMENT In connection wilh my examlnalion, no maller has come lo our allenlion.. 11 which glve3 us reasonable cause lo b8118va that In any maledal r6spect th8 r8qulremenl$ lo keep accounllng f¢cord$ In ac¢ordan¢o with se¢llon 130 of the charlt$ A¢l.' and lo pr¢par8 a¢¢ounl$ whlch ac¢ord with the accounting re¢ord5 and comply wllh Ihe accounting requiremen19 of the Charllles Act. havè not bèon mol; or 21 to whlch. In my oplnlon. allgnllon should bo drawn In order lo enable a propor underslar4dlng of the accounts lo be reached. Gavln Row011 LJ Smlth Accoun14nt$ Ltd Ind•pfrndont Examlnor Dated: 301h January 2025
Moblllty Trust statomènt of Flnanclal Activitle5 For the year ended 31 March 2024 2024 2023 Not8J co resour Incomlng resources from genorated lund$ Donations Other Income Re¢alved 134,929 143,301 13,052 Total Incomlng resourc85 147,292 1 S6,353 urce Dlroct charllablo oxpondlture BeneficSarle5' equlpmenl Support costs 79,942 111,569 19.595 131,164 102,042 Olher •xpondlluro Publlcily & fund ralslng Admln15trallon S1,288 41.272 35,787 77.059 91,492 Tolal R950urces expended 193 534 208 223 Ng1 Ineomlng resources {46.241} 151,8701 Other rocognlsed galnsllo8J•8 Decrease In value ol investments ProfiVILoss) on salè ol Investments 10 13,8551 113,7381 3,855 13,738 Net Idecreaseinncroasa In funds lor thè yoar {50,0961 {65,6081 Recon¢lllatlon of Funds Balance ol fund5 brought forward 306,468 372,076 Balance ot funds carrled forward 256 372 306 468 The notes on pages 7 10 1 I form part ol these accounls.
Mobllity Trust Balance sheet As at 31 March 2024 2024 2023 Nol•s Flxed ass•l$ Tangible assets Investments 321 207 209 486 211064 10 207,530 211,550 Curr•nt a$¥ot8 Bank ac¢ounl 53,163 98,579 CREDITORS: Amounts falllng due wlthln ono year 12 Net curr•nt a$$ot$ 48,842 94,919 256 372 306 468 Funds Unreslrlcled lunds Restricted lunds 178,980 77.412 193,257 113,211 13 256,372 06,468 Appfovgd 30th January 2025, on behalf ol the Trustees by.. Thomas Loyd Chalrman Angela Slmp$ Trust00 The notes on pages 7 to 11 form part of these accounts.
Mobillty Trust Note$ to lh8 ac¢ount$ For tho year endgd 31 March 2024 1 ACCOUNTING POLICIES The lollowing aro Ihe maln accounting polici05 adoplod by the charity. al Accountlng ¢onventlon & Ba$lJ ol proparallon ot th8 account$ The financial slalemenls havg bgen propared as a golng con¢grn under tha hlslori¢81 cost convgnllon as modillod by tho Inclusion ol inveslmonl$ al mark81 value and In occordance wilh Ihe Flnan¢ial Reporiing Slondard for Smaller Enlilles {eifeclive April 20081, the Slalemenl ol Recommend Pfaclicg for Accounling and Roportln9 Issued by Ihfr Charity Comm15sloners for England & Wales, effacllve Aprll 2012, and th$ provisions of Ihe Charities Acl. b) Flx•d a*sèt Invèstmènts Investments are slated al value al the balanca sheèt dale. Thè stalèmenl of financlal alfaSrs includes the nel gains and10s$95 arislng on revalualion durlng tho year. Tho incomo from inveslmonl8 1$ Included wilhln thè income and expendiluro account on a receivabl8 bas1$. ¢) Donatlon5 Thg charity d8rlvgs the malorlty of11'8 Sncome from voluntary conlrlbullons. These 8ro a¢counlod lor on recelvable bag15. The charity does recelve don81ion3 wherè the donor ypeclfiès or limlij the type or loGalily of ihe beneflclary, These ar8 called Roslrlcted Fund donallons. These can bo iecelved In advanco ol the SP8cifi'c expondilure or projeel and are Iherefore carrled forward, separately wilhln Ihe charllles funds. lo be malchgd lo tlie corrospondlng expendilure. Reslrlcled donauons also Includes mon188 recelved lor spociflc indlviduals, iecelvlng the Same accounllng Irealmenl, dl Dopreclatlon Depr¢¢iallon 15 calculalod al falgs lo wrllg off the costs ol the fixed assets over Ihglr esllmaled usoful lives. Offlce Equipmenl is depreclaled al 33 113•/o on a raduclng balance ba$ls and Moblllly Equlpmenl 25Yo slr8lghl ling ba519, el Allo¢atlon of ¢ost$ Support costs.. These comprise a proportion of all sorvicas supplied centrally In support af Ihg charity's project work or othèr dlrecl charilable expenditure. Includlng overhead costs. Publlclty and Fund Ral$lng.' These Include an approprlale apportionment of expendllure relating lo salaries, postage, slalionary, telephon& and travelling expènsos. Adrnlnlstratlon costs." These represent the overhead expendllure In conneclion wlh Ihe admlnistralion of tho charity.
Moblllty Trusl Not¢$ to the accounts For the year ended 31 March 2024 2 TAXATION Thg trust is a reglslorèd charity and accordingly Is exernpt from laxalion on115 income and galns where they arg applied for charitable purposes. 3 INVESTMENT INCOME 2024 2023 Income from1Ssled Inveslmonts Commlsslons recèlv8d Bank Inlaresl r8¢elved 12,238 11,882 1,071 99 125 13,052 4 STAFF COSTS 2024 2023 Salarlos Soclal security Ponslon 94,B66 4,331 2.279 78.606 2.425 1.789 101,476 82.820 On average Ihere wero 3 12023., 31 employees. Penslon relates lo ccnlrlbulions payable under Auto gnfolmenl pension scheme regulation5. S SUPPORT COSTS 2024 2023 Offlco salarios and NIC Telephone, legal, postage, $lalk)nery and Iravglling Offlce 8ccommodallon costs IT cos1$ Depreciallon 18,698 752 1,172 1,396 82 14,947 671 2.12S 1.534 318 6 PUBLICI AND FUND RAISING COSTS 2024 2023 Olfiee salafte$ and NIC IT Costs Telephono, legal. postage. slalionory 8nd Iravelling 47,717 2,792 780 37.455 3,068 749
Moblllty Trust Notes to the accounts For the year ended 31 March 2024 7 ADMINISTRATION COSTS 2024 2023 Office salarles and NIC Tel&phone,18gal, postage. Slalion&ry and Irav&lling Office accommodauon costs O¥precSalion Audit & a¢counlancy f••$ IT Costs Bank charges 35.061 752 1,172 82 1,680 1,396 fjo 30,418 671 2,125 318 648 1,534 72 8 ANALYSIS OF RESOURCES USEO Staff C0818 Other Expon$o8 Deprec'n Total Y¢hr Endod 31, March 2024 Dlrecl chariiablo oxp¢ndllura', Beneflclarleg equlpment Supporl costs 79,942 79.942 82 82 18,698 83,262 102.042 Olher expendllure.. Publicity and fund r8lslng Admlnlslrallon 47.717 3S,061 3,572 5,060 51.289 40.203 82 Total 101476 165 193 534 ANALYSIS OF RESOURCES USED Ictdl staff Cos1$ Othor Exponses Deproc'n Tolal Year Ended 31. March 2023 Olre¢l ¢harllable oxpendilure,. Benèficlarios equipment Supporl costs 111,S69 111.569 14.947 14.947 318 318 115,899 131.164 Othèr expendllur•'. Publicity and fund ralslng Admlnistrallon 37.455 30,418 3.817 5,050 41,272 35,787 318 Total 124 766 636 208 223
Mobllity Trust Notes to the accounts For the year ended 31 March 2024 9 TANGIBLE FIXED ASSETS Equlpment Total Cost 8rouahl lorward al 1" April 2023 Addillons Carrled forward al 31 March 2024 17,910 17,910 17,910 17,910 Deproclatlon Broughl forward a11s1 April 2023 Charge for the yèar Carried forward al 31st March 2024 17,424 165 16.788 636 Not Book Valuo at 31. March 2024 321 486 Nel Book Value 8t 31. March 2023 486 1.122 The ngt book value at 31 March 2024 r•pre88nts tanAlblo flxod •88ots. usèd for Dlrocl charflablo purposos - Support Cosls Other purposes- AdmlnlslralSon Costs 10 INVESTMENTS Unbl Trusts 2024 2023 Bioughi FoThvard Addillonal Inveslrnents made In year Incroa$elldecr¢asol In value in th6 year 211.064 224,802 13,855} (13,7381 Valuation as at 31. March 207 209 211064 10
Moblllty Trust Notes to the accounts For the year ended 31 March 2024 12 CREDITORS: Amounts falllng due wlthln one year 2024 2023 So¢l¥l securlly & other taxes Accruals 2,601 1,720 1,940 1,720 4.321 3,660 13 RESTRICTEO FUND Tho Restrt¢led Fund relates lo donallons recelved. and subsequent funds held, for specific PLtrposes or $peGifi¢ indlvSduals as slated by Ihe donoi. Namod Beneficiary Sour¢8S and Re$lrl¢led Funds 2024 2023 8roughl forward Reslrlcled donallons rèc8lved In year Ulllised In year 113.211 74,252 (110,0511 106.760 104.463 198.012) Reslrlcled fund ¢arrfed forward a5 al 31 March 77.412 113,211