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|Trustees'
annual
report (incorporating
the|Trustees'
annual
report (incorporating
the|directors'|report)||Page
3|
|---|---|---|---|---|---|
|Independent
auditor's|report to the members||||10|
|Statement offinancial|activities (including|income and expenditure||account)||
|Statement offinancial|position|||||
|Notes to the financial|statements||||17|
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|Reference|and administrative|and administrative|details|||
|---|---|---|---|---|---|
|Registered|charity name||The Wheels Project Limited|||
|Charity registration||number|1081236|||
|Company|registration|number|02745215|||
|Principal office and registered|||31-32|||
|office|||Bonville Road|||
||||Brislington|||
||||Bristol|||
||||BS45QH|||
|The trustees||||||
||||Mr N JAdams|||
||||Mr D V Smithen|||
||||Ms RWheatley|||
||||Ms SCrew|||
||||Mr K Rundle|||
||||J Schofield|||
||||D Cousins|||
|Company|secretary||Mr D VSmithen|||
|Auditor|||Elliott Bunker Limited|||
||||Chartered
accountants|&statutory|auditor|
||||61 Macrae Road|||
||||Ham Green|||
||||Bristol|||
||||8620 ODD|||
|Bankers|||HSBC Bank pic|||
||||817Bath Road|||
||||Brislington|||
||||Bristol|||
||||BS45PF|||
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|E|E|E|E|
|Income and endowments|||||||||
|Donations
and legacies|||5||184,984|19,000|203,984|262,295|
|Charitable
activities|||6||64,995||64,995|28,130|
|Investment
income|||7||17||17|200|
|Total income|||||249,996|19,000|268,996|290,625|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs of raising donations||and|||||||
|legacies|||8||13,377||13,377|19,714|
|Expenditure
on charitable|activities||9||254,205|3,000|257,205|250,595|
|Total expenditure|||||267,582|3,000|270,582|270,309|
|Net (expenditure)/income|and|net movement|||||||
|in funds|||||(17,586)|16,000|(1,586)|20,316|
|Reconciliation
offunds|||||||||
|Total funds brought
forward|||||176,984||176,984|156,668|
|Total funds carried forward|||||159,398|16,000|175,398|176,984|
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||||2022|2021|
|---|---|---|---|---|
|||Note|E|E|
|Fixed assets|||||
|Tangible fixed assets||14|4,658|4,723|
|Current assets|||||
|Debtors
Cash at bank and in|hand||20,839
171,286|74,747
113,732|
||||192,125|188,479|
|Creditors: amounts|falling due within one year|16|21,285|16,218|
|Net current assets|||170,840|172,261|
|Total assets less current liabilities|||175,398|176,984|
|Net assets|||175,398|176,984|
|Funds ofthe charity|||||
|Restricted funds|||16,000||
|Unrestricted
funds|||159,398|176,984|
|Total charity funds||19|175,398|176,984|
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|||||Unrestricted|Restdcted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|
|Donations|||||||
|Donations||||124,305||124,305|
|Grants|||||||
|Gosling Foundation|||||||
|The Stone|Family Foundation|||40,000|16,000|58,000|
|The Portishead||Nautical|Trust||3,000|3,000|
|Government|grant income|||20,679||20,879|
|Youth COVID||grant|||||
|||||184,984|19,000|203,984|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
f|Funds
5|2021|
|Donations|||||||
|Donations||||112,356||112,356|
|Grants|||||||
|Gosling Foundation|||||8,000|8,000|
|The Stone|Family Foundation|||25,000||25,000|
|The Portishead||Nautical|Trust||3,000|3,000|
|Government|grant income|||55,545||55,545|
|Youth COVID||grant||58,394||58,394|
|||||251,295|11,000|262,295|
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|Other grants and donations|received|include the following of51,000 or over:||
|---|---|---|---|
|The John James Bristol Foundation|||815,000|
|The Sinks Trust|||E5,000|
|The Spielman
Charitable
Trust|||515,000|
|The Burden Trust|||210,000|
|Avon &Somerset Police Community||Trust|510,000|
|Mary and John Prior|||f5,000|
|Garfield Weston Foundation|||225,000|
|Masonic Charitable
Foundation|||54,200|
|Denman
Charitable
Trust|||510,000|
|Trusthouse
Charitable
Trust|||59,700|
|Medlock Charitable
Trust|||55,000|
|The Notgrove
Trust|||55,000|
|The Mary Homfray
Charitable|Trust||E3,000|
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|Chantab|le
activities|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||Funds||2022|Funds||2021|
||||||||E|
|Course|fees|64,995||64,695|28,130||28,130|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|2022|Funds|2021|
|||||E|8|||
|Bank|interest receivable|||17|17|200|200|
|Coats|ofraising donations||and legacies|||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
|||||||F||
|Costs|ofraising donations|and legacies-||||||
|Grants|receivable|||13,377|13,377|19,714|19,714|
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|9.|Expenditure|on charitabl|e
activities
by fund type||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||6|8||
||Course costs|||250,317|3,000|253,317|
||Support costs|||3,888||3,888|
|||||254,205|3,000|257,205|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
||||||6|5|
||Course costs|||232,935|11,000|243,935|
||Supportcosts|||6,660||6,660|
|||||239,595|11,000|250,595|
|10.|Analysis of|support costs|||||
|||||Activities|||
|||||undertaken|||
|||||directly|Total 2022|Total 2021|
|||||5|5|5|
||Governance|costs||3,888|3,888|6,660|
|11.|Net (expenditure)/income||||||
||Net (expenditure)/income||is stated after charging/(crediting):||||
||||||2022|2021|
||||||6|6|
||Depreciation|oftangible fixed assets|||1,521|1,573|
||Fees payable|for the audit ofthe financial statements|||3.733|4,503|
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|equivalent
employees
during the year is analys|
ed as follows:||
|---|---|---|
||2022|2021|
||No.|No.|
|Admin|2|2|
|Operational|2|2|
||4|4|
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|ended 31 March 2|022|||||
|---|---|---|---|---|---|
|The total staff costs and|employee|benefits forthe reporting|period are|analysed as follows:||
|||||2022|2021|
|||||5||
|Wages and salaries||||142,067|139,111|
|Social security costs||||10,717|11,351|
|Employer contributions|to pension|plans||7,101|6,709|
|||||159,885|157,171|
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|||Fixtures and||||
|---|---|---|---|---|---|
|||fittings|Motor vehicles|Equipment|Total|
|||E||E|5|
|Cost||||||
|At 1 Apr 2021||82,444|27,846|142,785|253,075|
|Additions||||1,356|1,356|
|At 31 Mar 2022||82,444|27,846|144,141|254,431|
|Depreciation||||||
|At 1Apr2021||81,184|27,172|139,996|248,352|
|Charge for the year||315|169|1,037|1,521|
|At 31 Mar 2022||81,499|27,341|141,033|249,873|
|Carrying
amount||||||
|At 31 Mar 2022||945|505|3,108|4,556|
|At 31 Mar 2021||1,260|674|2,789|4,723|
|Debtors||||||
|||||2022|2021|
|Trade debtors||||8,875|2,380|
|Prepayments|and accrued income|||11,964|72,367|
|||||20,839|74,747|
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|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2822|2021|
|||F||
|Trade creditors||6,234|1,425|
|Accruals and deferred|income|6,084|9,443|
|Social security and other taxes||3,738|3,621|
|Other creditors||5,228|1,729|
|||21,285|16,218|
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|The amounts|recognise|d
in the financi|al statements|for government
grants|are as follows:||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E||
|Recognised|in income|from donations|and legacies:||||
|Government|grants
income||||20,679|55,545|
|Analysis of|charitable|funds|||||
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|||||||At|
|---|---|---|---|---|---|---|
||||At 1 Apr 2021
f|Income
f|Expenditure
f|31 Mar 2022
E|
|General funds|||176,984|249,996|(267,582)|169,398|
|||||||At|
||||At 1 Apr 2020|Income|Expenditure
f|31 Mar 2021
f|
|General funds|||156,668|279,625|(259,309)|176,984|
|Restricted|funds||||||
|||||||At|
||||At 1 Apr 2021
f|Income
f|Expendituref|31 Mar 2022
f|
|Stone Family Foundation||||16,000||18,000|
|Gosling Foundation|||||||
|Portishead|Nautical|Trust||3,000|(3,000)||
|||||19,000|(3,000)|18,000|
|||||||At|
||||At 1 Apr 2020
f|Income
f|Expendituref|31 Mar 2021|
|Stone Family Foundation|||||||
|Gosling Foundation||||8,000|(8,000)||
|Portishead|Nautical|Trust||3,000|(3,000)||
|||||11,000|(11,000)||
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|Analysis ofnet as|sets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
||||5|F|
|Tangible fixed assets||4,558||4,558|
|Current assets||176,125|16,000|192,125|
|Creditors less than|1 year|(21,285)||(21,285)|
|Net assets||159,398|16,000|175,388|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||6||6|
|Tangible fixed assets||4,723||4,723|
|Current assets||180,954||180,954|
|Creditors less than|1 year|(16,218)||(16,218)|
|Net assets||169,459||169,459|
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|Operating|lease commit|lease commit|ments||||
|---|---|---|---|---|---|---|
|The total|future minimum||lease payments|under non-cancellable|operating leases are as follows:||
||||||2022|2021|
||||||6|F|
|Not later than||1 year|||31,250|31,250|
|Later than|1 year and not||later than 5years|||31,250|
||||||31,250|62,500|
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