## **The Wheels Project** ## **Annual meeting of Trustees and Committee.** **Venue…. Unit 4 Prince Consort Ind Est Date…… 8th December 2022 Trustees in attendance....... Mr Alan Rice Mr Christopher Bushell Mr Richard Sawyer** **Mr Glenn Merton Mr Danny Richardson Committee members in…. Mrs Susan Rice** **Attendance Mrs June Merton** **Mr Lewis Ridley Mrs Julie Beerling** **………………….. Agenda…** **End of year accounts** **Staffing/ Volunteers AQA Units New working relationships Voices and conclusions** Page **1** of **3** The Wheels Project ## **End of year accounts** **A very pleasing and productive 2021/2022.** **Mr Alan Rice printed and distributed end of year accounts, along with the aid of Mrs Julie Beerling and Mrs Susan Rice. All committee members now have in their possession a copy of the accounts. All members are aware of the progress The Wheels project has made as discussed in quarterly meetings.** **All members are united and positive with the very pleasing results on review of the 2021/2022 accounts.** ## **Staffing/ Volunteers** **Due to our high demand we have extended the working week in one of our areas from three days to five days. Mr Rice, Mr Merton and Mrs Beerling have advertised and conducted interviews to find a suitable candidate and they are pleased to welcome Mr Gavin Robinson onto the team. Gavin will be working every Wednesday and Friday in the construction area.** **We as trustees and committee have met and are pleased to report that all staff have a healthy DBS check and things are progressing very well.** ## **AQA Unit Award Scheme** **Due to our expansion of the working week and the opportunity to work and help more students, AQA has gone from strength to strength where this year we have been in a position to help 96 students gain an impressive 500+ qualifications to take with them as they continue on their journey in life. Well done to each and every one. This covered three areas, Hair and Beauty, Mechanics and Construction. We also received a very healthy and positive Report from AQA thanking us for the hard work we do.** Page **2** of **3** The Wheels Project ## **New Working Relationships** **Along with our new member of staff, We are also very proud that we represented Ringtons as their Charity of the year! Ringtons very generously donated a staggering £8,860! Which will help immensely. Alan Rice, Julie Beerling, Susan Rice and members of staff and students received the cheque.** ## **Voices and Conclusions** **An overwhelming, productive year is the all-round consensus. It has been a very strong year where the numbers have risen once again and staff positions have grown.** **Mr Alan Rice voices his praise and thanks to all involved and wishes that we can all continue to work closely, continuing to dedicate our time for the wheels project and what is best for the wheels project. We are all in agreement that this will continue to allow the wheels project to flourish and grow and find it very rewarding and prosperous. What will next year bring!** **Signed………** _A.Rice………8.12.22_ **Chairman. Signed** ………… _J.Beerling……8.12.22_ **Secretary** . Page **3** of **3** The Wheels Project The Wheels Projert (South Tynesldel Charity No. 1084227 Company No. 06668676 Flnanclal Statement5 for the Year Ended 3tst March 2022 Content Pa Legal and Administrative Information Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes forming part of the financial statements 7-11 Optimal Accountancy Limited 301a Sunderland Road South Shields Tyne & Wear NE34 6RB The Wheels Pro ert South T neslde Le al and Admlnistratlve Informatlon The Wheels Project is a registered charity, governed by it Trust Deed. The Charity registration number is 1084227. The Wheels Project Is also a company limited by guarantee,. company registration number 06668676. Management Commlttee Trustees Mr Alan Rite (Chairmanl Mr Richard Sawyer (Vice Chairman) Mr Chris Bushell (Treasurerl Mrs Susan Rice1Secretaryl Mrs Julie Beerling (Secretary) Mrsjune Merton Mr Glenn Merton Mr Lewis Ridley Mrs Carol Bushell Mrjohn Welsh Mr Alan Rice Mr Richard Sawyer Mr Christopher BL¢shell Mr Glen Merton Mrs Julie Beerling Mr Danny Richardson Wheels Project Solicltor Mr Danny Richardson Registered Addre55 Bankers Unit 4 Prince Consort Industrial Estate HebbLJrn Tyne & Wear NE31 IEH Barclays Bank plc Tyne Dock South Shields NE33 INH Independent Examiner Optimal Accountancy Limited 301a Sunderland Road South Shields Tyne & Wear NE34 6RB The Wheels Pro"ect South T neside Re ort of the Trustees The trustees have pleasure in presenting their report and the un-audited financial statements of the company charity for the year ended 31" March 2022. The financial statements have been prepared on the basis of the accounting policies set out in note one to the financial statements, and comply with the company chariws Trust Deed, the Charities Act 2006, the Companies Act 1985 and the Statement of Recommended Practice, 'Accounting and Reporting by Charities, ISORP 20061 issued in March 2006. Ob ectives of the Chari To advance the education and training primarily of persong aged between eight and twenty-five years I"young people"), who are resident in South Tyneside, in motor mechanics, workshop skills and motor sport. To promote the benefit of such young people through the provision of educational, recreational and trainSng opportunities. Revlew of Activiiles and Achievements To all the schools and referral units we work with we offer free work experience via Connexions for week or two weeks at a time. A full review of the activities Is shown in the chariWs annual report, attached to the financial statement. Recrultment and A olntment of the Mana ement Commlttee and Trustees The retruitment and appointment to the chariVs management committee and trustees is carried out via nominating each year prior to the Annual General Meeting. These p051tions are then filled at the business meeting of the management committee immediately following the Annual General Meeting. Reserves Poll The charity has a fund's policy to build up sufficient funds to cover unrestricted funds for a minimum of thirteen weeks, whilst trying to achieve a surplus to provide improvements to the existing facilitie5 and allow new and extended activities when required. Rlsk Mana ement Major risks, to which the charity is exposed, as identified by the trustees, have been reviewed and systems have been established to mitigate these risks. Optlmal Accountancy Llmited 301a Sunderland Road, South Shields, NE33 4EB Independent Examlners Report on the Accounts Income Statement and Balante Sheet Report to the Director5 of.. Registered Company Number: On Accounts for the Year Ended.. Set out on Pages.. The Wheels Project 06668676 31.03.2022 Respectlve responslbllitle5 of the Dlrectors and Examiner The company's Directors are responsible for the preparation of the accounts. The company's Directors consider that an audit Is not required for this year, and that an Independent Examination 15 needed. It is my responsibility to.. Examine the accounts,. Follow the procedures laid down in the General Directions given by Companies House.. and State whether particular matters have come to my attention. Basls of Independent Examinerfs Ststement My examination was carried out in accordance with the General Directions given by Companies House. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. Independent Examlnerfs Statement In connection with my examination. no matter has come to my attention.. 111 Which Bives me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with the Companies Act.. and To prepare accounts which accord with the accounting retords and comply with the accounting requirements of the Act. Have not been met,. or 121 To which, in my opinion, attention should be irb order to enable a proper understanding of the accounts to be reached. Signed Date Name The Wheels Pro ect South T eside Statement of Flnancial Activities for the Year ended 31 March 2022 Unrèstrlcted Restrirted Total Funds Funds Funds 2022 Total Funds 2021 Notes In¢omln resources Incomlng resources from generated funds.. Voluntary income Activities for generating funds 10,120 10,120 23,078 Incomlng resources from Charitable activftle5: 128.484 128,484 99,550 Other Incomln8 resources: 500 Total Incomlng resources Resource5 ex nded Charitable actlvlties: 33,411 33,411 27,576 Governance costs: 91,033 91,033 69,469 Total resources expendèd Gross transfeys between fvnds Net movement in funds Tot•1 fvnd5 brought forward Totsl funds carrled fonvard The Wheels Pro South T neslde Balance Sheet for the Year Ended 31 March 2022 2022 2021 Notes Flxed Assets Tangible assets 150 200 Current Assets Cash at bank 47,388 33,178 Credltors: amounts falllng due Wlthln one year Net current assets 47,388 33,178 Total assets less total liabilities Funds Unrestrlrted funds 47,538 33.378 Restrirted funds The dirertors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of Sertion 477 of the Companies Act 2006. Members have not required the company under Section 476 of the Companies Act 2006, to obtain an audit for the year ended 31st March 2022. The directors acknowledge their responsibilities for ensuring that the tompany keeps accounting records which comply with the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of affairs of the company as at 31, March 2021 and of its profit or Ios5 for the year then ended in accordance with the requirements, and which otherwise omply with the requirements of the Art relating to the accounts so far as applicable to the company. The finantial statements which have been prepared in accordance with the special provision5 of the Companies Act 2 06ap trustees on ...3.. licable to small companies were approved by the board of directors and .and signed on its behalf. Signed........................... Print Name-..... Director.......A.o.A.N.... Date of Approval..... The Wheels Pro South T neslde Note5 to the accounts for the ear ended 31" March 2022 l. Accountlng policie5 Basls of accountlng The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" ISORP 20061 published in March 2006 and the Charities Act 2006. Voluntary Income Voluntary income received by way of donations and gift5 to the charity is included in full in the Statement of Financial Activities when received. Intangible income Is not included unless It represents goods or services which would have otherwise been purchased. Gifts in kind are valued and brought in as income and the appropriate expenditure is brought in as expenditure. Resources expended All expenditure is accounted for on an accrual basis. The charity Is not VAT registered therefore all expenditure is accounted for gross. Charitable activities include all resources applied by the charity in undertaking work to meet its charitable objectives. Governance cost5 include the general running costs of the charity as opposed to generating funds, service delivery and project work. This includes the costs associated with the independent examination of accounts. Funds lal Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets those criteria is identified to the fund. together with a fair allocation of overhead and support costs. Ibl Unrestricted funds are donations and other incoming resources received or generated for the purposes of the charitv. Tanglble Flxed Assets and Depreclation Tangible fixed assets Costing more than £500 are capitalised and included at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economit life to that asset as follows: Furniture and equipment 25% reducing balance The Wheels Pro ert South T neside Notes to the accounts for the ear ended 31 March 2022 2. Voluntary Income Total 2022 Totsl 2021 Unrestrfrted Restrlcted Sundry Donations Donation5 for Africa 10,120 10,120 23,078 2. Activities for generating funds Totsl 2022 Fund5 Total 2021 Funds Unrestrlrted Restrlcted Tea Machine Sale of scrap 3. Incoming resource from charltable actlvities Total 2022 Funds Total 2021 Funds Unrestrlcted Restricted Schools Grants Awards for all CAF Grant High Sherlff Award The Wheels Pro ert South T neslde Notes to the accounts for the ear ended 31" March 2022 4. Other Incoming resources Total 2022 Fund5 Total 2021 Funds Unrestrirted Restrlrted Tax Rebate Gas Refund Electric Refund Photocopier Refund Telephone Refund Water Refund 5. Charitable activities Total 2022 Funds Total 2021 Funds Unrestricted Restricted Training Photocopler Telephone and Fax Heat. Llght and Water Caterln Rent Insurance Capital Travel and Fuel Workshop MaterSals Other 545 1,958.18 3.573.71 786 2,093 786 2,093 16,278.98 3,611 14,520 3,961 14,250 3,961 2,873 1,850 1,850 5,116 3,821 3,821 The Wheels Pro South T neslde Notes to the accounts for the ear ended 31 March 2022 6. Governance Costs Total 2022 Funds Total 2021 Funds Unrestri¢ted Restricted Staff Costs Office Cost5 Staff Training Professional Fees Depreciation 87,6CI) 221 1,180 1,982 50 87,600 221 1,180 1,982 50 65,493 109 3,306 494 67 7. Flxed assets Furniture and Equlpment Flxed assets as at 31 March 2022 Four post Ramp Tools Power Tools Hair Salon Equipment Bench Power Tools Benches .6 1,500 2,000 500 500 1,000 1,000 Valued at cost Depreciation Charge for year 50 Net book value as at 31" March 2021 200 Net book value as at 31" March 2022 150 io The Wheels Pro South T neside Note5 to the accounts for the ar ended 31 March 2022 8. Analysis of net asset5 between fund5 Total 2022 Funds Total 2021 Fund5 Unrestrlrted Restrlcted Fund balances at 31" March 2022 are represented by.. Fixed asset Current assets Current liabilities 150 47.388 150 47,388 200 33,178 li The Wheels Projert (South Tynesldel Charity No. 1084227 Company No. 06668676 Flnanclal Statement5 for the Year Ended 3tst March 2022 Content Pa Legal and Administrative Information Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes forming part of the financial statements 7-11 Optimal Accountancy Limited 301a Sunderland Road South Shields Tyne & Wear NE34 6RB The Wheels Pro ert South T neslde Le al and Admlnistratlve Informatlon The Wheels Project is a registered charity, governed by it Trust Deed. The Charity registration number is 1084227. The Wheels Project Is also a company limited by guarantee,. company registration number 06668676. Management Commlttee Trustees Mr Alan Rite (Chairmanl Mr Richard Sawyer (Vice Chairman) Mr Chris Bushell (Treasurerl Mrs Susan Rice1Secretaryl Mrs Julie Beerling (Secretary) Mrsjune Merton Mr Glenn Merton Mr Lewis Ridley Mrs Carol Bushell Mrjohn Welsh Mr Alan Rice Mr Richard Sawyer Mr Christopher BL¢shell Mr Glen Merton Mrs Julie Beerling Mr Danny Richardson Wheels Project Solicltor Mr Danny Richardson Registered Addre55 Bankers Unit 4 Prince Consort Industrial Estate HebbLJrn Tyne & Wear NE31 IEH Barclays Bank plc Tyne Dock South Shields NE33 INH Independent Examiner Optimal Accountancy Limited 301a Sunderland Road South Shields Tyne & Wear NE34 6RB The Wheels Pro"ect South T neside Re ort of the Trustees The trustees have pleasure in presenting their report and the un-audited financial statements of the company charity for the year ended 31" March 2022. The financial statements have been prepared on the basis of the accounting policies set out in note one to the financial statements, and comply with the company chariws Trust Deed, the Charities Act 2006, the Companies Act 1985 and the Statement of Recommended Practice, 'Accounting and Reporting by Charities, ISORP 20061 issued in March 2006. Ob ectives of the Chari To advance the education and training primarily of persong aged between eight and twenty-five years I"young people"), who are resident in South Tyneside, in motor mechanics, workshop skills and motor sport. To promote the benefit of such young people through the provision of educational, recreational and trainSng opportunities. Revlew of Activiiles and Achievements To all the schools and referral units we work with we offer free work experience via Connexions for week or two weeks at a time. A full review of the activities Is shown in the chariWs annual report, attached to the financial statement. Recrultment and A olntment of the Mana ement Commlttee and Trustees The retruitment and appointment to the chariVs management committee and trustees is carried out via nominating each year prior to the Annual General Meeting. These p051tions are then filled at the business meeting of the management committee immediately following the Annual General Meeting. Reserves Poll The charity has a fund's policy to build up sufficient funds to cover unrestricted funds for a minimum of thirteen weeks, whilst trying to achieve a surplus to provide improvements to the existing facilitie5 and allow new and extended activities when required. Rlsk Mana ement Major risks, to which the charity is exposed, as identified by the trustees, have been reviewed and systems have been established to mitigate these risks. Optlmal Accountancy Llmited 301a Sunderland Road, South Shields, NE33 4EB Independent Examlners Report on the Accounts Income Statement and Balante Sheet Report to the Director5 of.. Registered Company Number: On Accounts for the Year Ended.. Set out on Pages.. The Wheels Project 06668676 31.03.2022 Respectlve responslbllitle5 of the Dlrectors and Examiner The company's Directors are responsible for the preparation of the accounts. The company's Directors consider that an audit Is not required for this year, and that an Independent Examination 15 needed. It is my responsibility to.. Examine the accounts,. Follow the procedures laid down in the General Directions given by Companies House.. and State whether particular matters have come to my attention. Basls of Independent Examinerfs Ststement My examination was carried out in accordance with the General Directions given by Companies House. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. Independent Examlnerfs Statement In connection with my examination. no matter has come to my attention.. 111 Which Bives me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with the Companies Act.. and To prepare accounts which accord with the accounting retords and comply with the accounting requirements of the Act. Have not been met,. or 121 To which, in my opinion, attention should be irb order to enable a proper understanding of the accounts to be reached. Signed Date Name The Wheels Pro ect South T eside Statement of Flnancial Activities for the Year ended 31 March 2022 Unrèstrlcted Restrirted Total Funds Funds Funds 2022 Total Funds 2021 Notes In¢omln resources Incomlng resources from generated funds.. Voluntary income Activities for generating funds 10,120 10,120 23,078 Incomlng resources from Charitable activftle5: 128.484 128,484 99,550 Other Incomln8 resources: 500 Total Incomlng resources Resource5 ex nded Charitable actlvlties: 33,411 33,411 27,576 Governance costs: 91,033 91,033 69,469 Total resources expendèd Gross transfeys between fvnds Net movement in funds Tot•1 fvnd5 brought forward Totsl funds carrled fonvard The Wheels Pro South T neslde Balance Sheet for the Year Ended 31 March 2022 2022 2021 Notes Flxed Assets Tangible assets 150 200 Current Assets Cash at bank 47,388 33,178 Credltors: amounts falllng due Wlthln one year Net current assets 47,388 33,178 Total assets less total liabilities Funds Unrestrlrted funds 47,538 33.378 Restrirted funds The dirertors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of Sertion 477 of the Companies Act 2006. Members have not required the company under Section 476 of the Companies Act 2006, to obtain an audit for the year ended 31st March 2022. The directors acknowledge their responsibilities for ensuring that the tompany keeps accounting records which comply with the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of affairs of the company as at 31, March 2021 and of its profit or Ios5 for the year then ended in accordance with the requirements, and which otherwise omply with the requirements of the Art relating to the accounts so far as applicable to the company. The finantial statements which have been prepared in accordance with the special provision5 of the Companies Act 2 06ap trustees on ...3.. licable to small companies were approved by the board of directors and .and signed on its behalf. Signed........................... Print Name-..... Director.......A.o.A.N.... Date of Approval..... The Wheels Pro South T neslde Note5 to the accounts for the ear ended 31" March 2022 l. Accountlng policie5 Basls of accountlng The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" ISORP 20061 published in March 2006 and the Charities Act 2006. Voluntary Income Voluntary income received by way of donations and gift5 to the charity is included in full in the Statement of Financial Activities when received. Intangible income Is not included unless It represents goods or services which would have otherwise been purchased. Gifts in kind are valued and brought in as income and the appropriate expenditure is brought in as expenditure. Resources expended All expenditure is accounted for on an accrual basis. The charity Is not VAT registered therefore all expenditure is accounted for gross. Charitable activities include all resources applied by the charity in undertaking work to meet its charitable objectives. Governance cost5 include the general running costs of the charity as opposed to generating funds, service delivery and project work. This includes the costs associated with the independent examination of accounts. Funds lal Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets those criteria is identified to the fund. together with a fair allocation of overhead and support costs. Ibl Unrestricted funds are donations and other incoming resources received or generated for the purposes of the charitv. Tanglble Flxed Assets and Depreclation Tangible fixed assets Costing more than £500 are capitalised and included at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economit life to that asset as follows: Furniture and equipment 25% reducing balance The Wheels Pro ert South T neside Notes to the accounts for the ear ended 31 March 2022 2. Voluntary Income Total 2022 Totsl 2021 Unrestrfrted Restrlcted Sundry Donations Donation5 for Africa 10,120 10,120 23,078 2. Activities for generating funds Totsl 2022 Fund5 Total 2021 Funds Unrestrlrted Restrlcted Tea Machine Sale of scrap 3. Incoming resource from charltable actlvities Total 2022 Funds Total 2021 Funds Unrestrlcted Restricted Schools Grants Awards for all CAF Grant High Sherlff Award The Wheels Pro ert South T neslde Notes to the accounts for the ear ended 31" March 2022 4. Other Incoming resources Total 2022 Fund5 Total 2021 Funds Unrestrirted Restrlrted Tax Rebate Gas Refund Electric Refund Photocopier Refund Telephone Refund Water Refund 5. Charitable activities Total 2022 Funds Total 2021 Funds Unrestricted Restricted Training Photocopler Telephone and Fax Heat. Llght and Water Caterln Rent Insurance Capital Travel and Fuel Workshop MaterSals Other 545 1,958.18 3.573.71 786 2,093 786 2,093 16,278.98 3,611 14,520 3,961 14,250 3,961 2,873 1,850 1,850 5,116 3,821 3,821 The Wheels Pro South T neslde Notes to the accounts for the ear ended 31 March 2022 6. Governance Costs Total 2022 Funds Total 2021 Funds Unrestri¢ted Restricted Staff Costs Office Cost5 Staff Training Professional Fees Depreciation 87,6CI) 221 1,180 1,982 50 87,600 221 1,180 1,982 50 65,493 109 3,306 494 67 7. Flxed assets Furniture and Equlpment Flxed assets as at 31 March 2022 Four post Ramp Tools Power Tools Hair Salon Equipment Bench Power Tools Benches .6 1,500 2,000 500 500 1,000 1,000 Valued at cost Depreciation Charge for year 50 Net book value as at 31" March 2021 200 Net book value as at 31" March 2022 150 io The Wheels Pro South T neside Note5 to the accounts for the ar ended 31 March 2022 8. Analysis of net asset5 between fund5 Total 2022 Funds Total 2021 Fund5 Unrestrlrted Restrlcted Fund balances at 31" March 2022 are represented by.. Fixed asset Current assets Current liabilities 150 47.388 150 47,388 200 33,178 li