## 

## 

||Page|
|---|---|
|Reference and Administrative<br>Details ofthe Charity, Its Trustees and Advisers||
|Trustees'<br>Report|2-4|
|Trustees' ResponsihllltIes<br>Statement||
|Independent<br>Auditors'<br>Report on the Financial Statements|6-9|
|Consolidated<br>Statement of Filnanclal Activities||
|Consolidated<br>Balance Sheet||
|Charity Balance Sheet|12|
|Consolidated<br>Statement ofCash Flows|13|
|Notes to the Financial Statements|14-29|





|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS OFTHE|DETAILS OFTHE|DETAILS OFTHE|CHARITY, ITSTRUSTEES AND|CHARITY, ITSTRUSTEES AND|ADVISERS|
|---|---|---|---|---|---|---|---|---|---|
|||FORTHE YEAR ENDED 31DECEMBER 2022||||||||
|Trustees||BAnderson&||||||||
|||J Spencer&||||||||
|||A Dairymplei||||||||
|||VV Lynesi||||||||
|||' Trustees holding<br>title to freehold<br>Road, Hindhead,<br>GU26 6SJ.|||||land and buildings|at Highcombe|Edge, Tllford|
|Charity registered||||||||||
|number||1077572||||||||
|Prfnclpal office||Somerville||||||||
|||8 Bridle Close||||||||
|||Grayshott||||||||
|||Hindhead||||||||
|||GU26 6EA||||||||
|Chief executive office||8Anderson||||||||
|Independent|auditors|Byrd Link Audit||8|Accountancy Services Limited|||||
|||Honeyboume|P!ace|||||||
|||Jessop Avenue||||||||
|||Cheltenham||||||||
|||GL50 3SH||||||||
|Bankers||Lloyds Bank||||||||
|||Business Banking||||||||
|||BX1 1LT||||||||





## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
|||Note||6||
|Income from||||||
|Donations<br>and legacies|||81,524|81,524|295,029|
|Charitable<br>acfivities|||7,633|7,633|10,700|
|Other trading|activifies - Zapp UK||2,058,787|2,058,787|686,032|
|Investments|||54|54|173|
|Other income|||20D,622|20D,622||
|Total Income|||2,348,620|2&348,620|1,191,934|
|Expenditure|on:|||||
|Other trading|acfivltles - Zapp UK||1,901,123|1,901,123|667,423|
|Charitable<br>activities||8|447,828|447,828|775.634|
|Total expenditure|||2,348,951|2,348,951|1,443,257|
|Net expenditure<br>before taxation|||(331)|(331)|(251,323)|
|Taxation||12|(39,519)|(39,519)||
|Net movement|In funds||(39,850)|(39,850)|(251,323)|
|Reconciliation|offunds:|||||
|Total funds brought forward|||5,919,842|5,919,642|6.171.165|
|Nst movement|in funds||(39,850)|(39,850)|(251,323)|
|Total funds carried forward|||5,879,992|5,879,992|5,919,642|





## 

## 

|||||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note||6|||6|
|Fixed assets||||||||||||
|Tangible assets||||||13||5,557,931|||5,526,728|
|||||||||5&557,931|||5,526.728|
|Currant assets||||||||||||
|Stocks||||||15|249,005|||247,437||
|Debtors||||||16|124,975|||62,125||
|Cash at bank and|in hand||||||247,697|||354,247||
||||||||621,677|||663,809||
|Creditors: amounts||falling due||within one||||||||
|year||||||17|(299,616)||(270,695)|||
|Net current assets||||||||322,061|||393,114|
|Total assets less current liabilities||||||||5,879,992|||5,919,842|
|Net assets excluding|||pension|asset||||5,879,992|||5,919,642|
|Total net assets||||||||5,879&992|||5,919,842|
|Charity funds||||||||||||
|Restricted funds||||||18||||||
|Unrestricted<br>funds||||||18||5,879,992|||5,919,642|
|Total funds||||||||5,879,992|||5,919,842|
|The<br>8nanclal|statements|||were|approved|and|authorised|for<br>issue|by|the|Trustees<br>on|
||||||||and signed on their behalf|||by.||






## 




## 

## 

||||||2022f|2021f|
|---|---|---|---|---|---|---|
|Cash flows from operating|activities||||||
|Net cash used in operating|activMes||||'I15,737|244,889|
|Cash flows from investing|activities||||||
|Interest received|||||54|173|
|Transfer on acquisition||||||(122,419)|
|Purchase oftangible fixed assets|||||(235,013)|(269,831)|
|Disposal offixed assets|||||13,472||
|Net cash used<br>In Investing|activities||||(222,207)|(392,077)|
|Cash flows from financing|activities||||||
|Cash infiows from new borrowing||||||150,369|
|Het cash provided<br>by financing<br>actlviges||||||150,369|
|Change<br>In cash and cash|equivalents|In|the year||(106,550)|3,101|
|Cash and cash equivalents|atthe beginning||ofthe year||354,247|351.066|
|Cash and rash equivalents|at the end of||the year||247,697|354,247|
|The notes on pages 14to 29 form part ofthese finandal||||statements|||





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 


## 


## 

## 

## 

## 



## 

## 

## 

## 

## 

||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022<br>5|2022<br>5|202ff|
|Oonatians|||81,524|81,524|9,779|
|Grants|||||f8,960|
|Zapp|UK Trading|Ltd|||266,290|
||||81,524|81,524|295,029|
|Taiel 2021|||295,029|295,029||





## 

## 

## 

||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2021|
||6|6||
|Rental income|7,633|7,633|10,700|
|Total 2021|10.700|10,700||





## 

## 

## 

## 

||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2622|2022|2021|
||||E|||
|Trading|income - Zspp UK Trading|Ltd|2,058,787|2,058,787|866,032|
|Total 2021|||866,032|686,032||



## 

|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022<br>E|2022<br>E|2021f|
|Bank|interest|||173|
|Total|2021|173|173||



## 

||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||E|E||
|Other|operating|income|200,622|200,622||





## 

## 

## 

## 

|||Unrestricted|||
|---|---|---|---|---|
|||funds|Total|Tolal|
|||2022|2022|2021|
||||8||
|Charitable|activities|447,828|447,828|775,834|
|Total 2021||775 834|775 634||



## 

|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Tolsl|
|||directly|costs|funds|funds|
|||2022<br>8|2922<br>8|2022f|2021f|
|Chaniable|activities|280,448|167.381|447,829|775,834|
|Total 2021||101,020|674,814|775,834||



## 

||Charitable|Total|Total|
|---|---|---|---|
||activities|funds|funds|
||2022|2022|2021|
||2|8|5|
|Donations|280,448|280,448|10'l,020|
|Tclal 2021|101,020|101,020||





## 

## 

## 

## 

|||Charitable|Total|Total|
|---|---|---|---|---|
|||activities|funds|funds|
|||2022|2022|2021|
|||8|8||
|Depreciation||139,302|139,302|658,505|
|Adminstrative|costs|||139|
|Premises cost||14,231|14,231|7,827|
|Governance|cost|7,050|7,050|5,423|
|Professional||6.798|6,798|2,920|
|||167,381|167,38t|674.814|
|Torsi 2021||674,814|674,814||



## 

## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||8|8|
|Fees payable|to the Charity's|auditor for audit services||||4525|5,000|
|Fess payable|to the Charity's|auditor and its associates||in connection|with|||
|the Charity's|pension scheme(s)||in respect of:|||||
|Non-audit<br>services||||||2,525|2,250|



## 



## 

## 

## 


## 

## 

## 

||Freehold|Motor|Fixtures and|Office||
|---|---|---|---|---|---|
||property|vehicles|fittings|equipment|Total|
||E|E|E|E|E|
|Coat orvaluation||||||
|At 1 January 2022|5,780&417|3O,757|618,244|54,912|6,484,330|
|Additions|230,776||4,207|830|235,813|
|Disposais|(13,472)||||(13,472)|
|At 31 December 2022|5(997721|30757|622)451|55742|6)706(671|
|Depreciation||||||
|At 1 January 2022|592,727|11,140|341,376|12,359|a57,6o2|
|Charge forthe year|113,728|4,9D4|59,039|13,467|191,138|
|At 31 December 2022|706,455|16,044|400,415|25,826|1,148,740|
|Net book value||||||
|At 31 December 2022|5,291,266|14,713|222,036|29,916|5,557,931|
|At 31December 2021|5,187,690|19,817|278,868|42,553|5,525,728|





## 

## 

||Freehold|Fixtures and||
|---|---|---|---|
||P«Party<br>6|fittings<br>6|Total<br>8|
|Cost or valuation||||
|At 1 January 2022|5,683,706|473,667|6,157,373|
|Additions|229,723||229,723|
|At 31 December 2022|5,913,429|473,667|6,307,096|
|Depreciation||||
|At 1 January 2022|592,727|247,099|839,826|
|Charge for the year|'I05,315|33(985|139)300|
|At 31 December 2022|698,042|281,084|979,128|
|Net book value||||
|At 31 December 2022|5,215,387|192,583|5,407,970|
|At31December 2021|5.090.979|226,568|5,3f7,547|





## 

## 

## 

||Investments|
|---|---|
||in|
||subsidiary|
||companies|
|Charity|6|
|Cost orvaluation||
|At1 January2022|266,294|
|At 31 December 2022|266,294|
|Net book value||
|At 31 December 2022|286,294|
|At31December 2021|266,204|



## 

|Name|||Company|Registered office or principal|Registered office or principal|Principal activtty|
|---|---|---|---|---|---|---|
||||number|place ofbusiness|||
|Zapp UK|Trading|Ltd|09432502|The Old Fire Station, Wheeler||Sale ofretail goods.|
|||||Lane, Witley, Goldalming,|Surrey,||
|||||GUB 5QU.|||
|Included|In||||||
|consotidatlon|||||||



## 

|he B|nsnc|iel resul|ts ofthe subsidiary<br>for|the year ware:|||
|---|---|---|---|---|---|---|
|Name||||Income|Profitl(Loss)|Net assets|
|||||6|ISurplus/|6|
||||||(Deficit) for||
||||||the year||
||||||6||
|Zapp|UK|Trading|Ltd|2,259,409|358,286|461,717|





## 

## 

|15.|Stocks||FOR THE YEAR ENDED|31 DECEMB|ER2022|||
|---|---|---|---|---|---|---|---|
|||||||Group|Gmup|
|||||||2022<br>6|2021f|
||Finished goods and goods for resale|||||249,065|247,437|
|16.|Debtors|||||||
|||||Group|Group|Charity|Charity|
|||||2022|2021|2022|2021|
|||||6||6||
||Dus within one year|||||||
||Trade debtom|||105,455|54,132|||
||Other debtors|||1,124|57|1,124|57|
||Prepayments|and aocrued income||18,396|7.936|||
|||||124,975|52,125|1,124|57|
|17.|Creditors: Amounts||falling due within ons year|||||
|||||Group|Group|Charity|Cherity|
|||||2D22<br>6|2021|2D22f|2021|
||Bankloans|||32,890|150,359|||
||Trade creditors|||83,114|53,871|7,547|(4,384)|
||Corporation<br>tax|||39,519||||
||Other taxation|and social security||16,684|8,072|||
||Other credltom|||17,615|17.508|||
||Accruels and deferred||income|109,794|41,075|9,880|9,884|
|||||299,616|270,695|17,427|5.480|





## 

## 

|Statement|offunds - c|urrent year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance st|
|||Balance at 1|||||31|
|||January|||||December|
|||2022f|tncome|Expenditure|Taxatl|onf|2022f|
|Unrestricted|funds|||||||
|General Funds||5,919,842|2,386,795|(2,333,237)|||5,973,400|
|Unallocated|amounts||(38,175)|(15,714)|(39,519)||(93,408)|
|||5,919,842|2,348,620|(2,348,951)|(39,519)||5,879,992|
|Statement offunds - prior year||||||||
||||||||Balance at|
||||Be/ance et||||31|
||||1January||||December|
||||2021f|income|Expendituref||2021f|
|Unrestricted|funds|||||||
|General Funds|||5,171,155|1,191,934|(1,443,257)||5,919,542|



||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||Balance at 1|||||31|
|||January|||||December|
|||2022f|Incoree<br>f|Expenditure|f|Taxationf|2022f|
|General|funds|5,919,842|2,348,620|(2,348,951)||(39519)|5)879)992|





## 

## 

## 

||||||Ba/ance sl|
|---|---|---|---|---|---|
|||Balance al|||31|
|||1Janusry|||December|
|||2021|Income|Expenditure|2021|
|||6||||
|General|funds|6,171,165|1,191,934|(1,443,257)|5,919,842|



|Analysis|of net assets between funds - current ye|ar||
|---|---|---|---|
|||Unrestdcted|Total|
|||funds|funds|
|||2022|2022|
|||6|6|
|Tangible|lixed assets|5,557,931|5,557,931|
|Current|assets|621,677|621,677|
|Creditors|due within one year|(299,616)|(299,616)|
|Total||5,879,992|5,879,992|



|Analysis|ofnet assets between funds - prior year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2021<br>6|2021f|
|Tangible|fixed assets|5,528,728|5,526,728|
|Current|assets|663,809|663.809|
|Creditors|due within one year|(270,695)|(270,695)|
|Tl||5,919,842|5,919,842|





## 

||||||||Group|Group|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||8||
||Net expenditure<br>for||the year (as per Statement of Financial Activities)||||(39,850)|(251,323)|
||Adjustments<br>for:||||||||
||Depreciation<br>charges||||||191,138|591.805|
||Interest received||||||(54)|(173)|
||increase in stocks||||||(1,568)|(247,437)|
||Increase in debtors||||||(62,850)|(82,125)|
||Increase in creditors||||||28,921|114,142|
||Net cash provided||by operating||acflvitles||'f15,737|244,889|
|22.|Analysis ofcash|and||cash equivalents|||||
||||||||Group|Group|
||||||||2022|2021f|
||Cash in hand||||||247,697|354,247|
||Total cash and cash|||equivalents|||247,697|354,247|
|23.|Analysis ofchanges|||in net debt|||||
||||||At 1||Other non-|At 31|
||||||January||cash|December|
||||||6<br>2022|Cashflows<br>8|changes<br>f|2022<br>6|
||Cash at bank and|in|hand||354,247|(106,556)||247,697|
||Debt due within<br>1 year||||(150,369)|(2,413)|119,892|(32,890)|
||||||203,878|(108,963)|119,892|214,807|





## 

## 

|payments|und|er non-cancellable<br>operating<br>leas|es as follows:||||
|---|---|---|---|---|---|---|
||||Group|Gnrup|Charity|Charity|
||||2022<br>5|2021<br>f|2022|2021|
|Not later than||1year|75,800||34,583||
|Later than|1 year and not later than 5years||18D,000||180,000||
|Later than|5years||108,750||153,750||
||||364,55D||368,333||



##