## ~~$$~~ **The Wheels Project Annual meeting of Trustees and Committee.** **Venue…. Unit 4 Prince Consort Ind Est Date…… 18th November 2024 Trustees in attendance....... Mr Alan Rice Mr Christopher Bushell Mr Richard Sawyer Mr Glenn Merton Mrs Julie Beerling Mr Danny Richardson Committee members in…. Mrs Susan Rice Attendance Mrs June Merton Mr Lewis Ridley Mr John Welsh ………………….. Agenda… End of year accounts Staffing/ Volunteers AQA Units New working relationships Voices and conclusions** Page **1** of **4** The Wheels Project ## **End of year accounts** **An outstanding and productive 2023/2024, rising once again from the previous year.** **Mrs Susan Rice printed and distributed end of year accounts, along with the aid of Mr Alan Rice and Mrs Julie Beerling. All committee members now have in their possession a copy of the 2023/2024 accounts. All members are aware of the outstanding progress The Wheels Project has made as discussed very positively in quarterly meetings.** **All members are in agreement and very positive with the outstanding results on review of the 2023/2024 accounts. The Wheels Project is thriving and going from strength to strength.** ## **Staffing/ Volunteers** **We welcomed a new member of staff towards the end of the financial year 2023/2024. Micheal brought a lot of skills and knowledge which was very beneficial in both mechanics and construction areas.** **Micheal Oughton was appointed and has settled into the team very nicely and has quickly become a valued and popular member of staff.** **We as trustees and committee have met regularly with staff and are pleased to report that all staff continue to have a healthy DBS check and everything and everyone are progressing very well. A very strong team!** Page **2** of **4** The Wheels Project ## **AQA Unit Award Scheme** **We are pleased to report that AQA certifications have once again gone from strength to strength! This year we have been in a position to help 160+ students gain an impressive 1000+ 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 pleasing Quality Assurance Report from AQA thanking us for the hard work we do.** ## **New Working Relationships** **Along with our new member of staff, we would like to thank, The High Sherriff, The Mayor of South Tyneside and Carr Ellison Foundation for their very kind donations during this financial year.** **At Christmas we worked with Age Concern, making Christmas table decorations which were distributed to the elderly and people in need at Christmas within our local community.** **We would also like to thank Greggs for their continued support in supplying food every day for the students.** Page **3** of **4** The Wheels Project ## **Voices and Conclusions** **Another outstanding, very productive year is the all-round consensus. It has been another very strong year where the numbers have risen once again.** **Mr Alan Rice and Mrs Julie Beerling voiced their praise and thanks to all involved and who continue to work closely dedicating their time to The Wheels Project. We are all in agreement that this will continue to allow the Wheels Project to grow further to enable us to help more vulnerable and disadvantaged students, whilst continuing to find it very rewarding. We look forward to what another productive and prosperous year, next year brings!** **Signed………** _A.Rice………18.11.24_ **Chairman. Signed…………** _J.Beerling……18.11.24_ **Director** . Page **4** of **4** The Wheels Project The Wheels Project (South Tyneside) Charity No. 1084227 Company No. 06668676 Financial Statements for the Year Ended 3tst March 2024 Content 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 Wheels Pro l and Adrnbnistratbve Inforniation The Wheels Project is a re8iStered charity, governed by its Trust Deed. The Charity re8iStration number is 1084227. The Wheels Project is also a company limited by guarantee; company registratlon number 06668676. Management Commlttee Mr Alan Al￿ (Chairman) Mr Richard Sawyer (Vice Chairman) Mr Chris Bushell IT￿aSurer) Mrs Susan Rice Isecretaryl Mr5 Julie Beerling (Director) Mrsjune Merton MrGlenn Merton Mr Lewis Ridley Mrs Carol Bushell Mr John Welsh Mr Alan Rice Mr Richard Savryer Mr Christopher Bushell Mr Glen Merton Mrs Julie Beerlin8 Mf Danny Richardson Mr Danny Richardson Reglstered Address nkers Unlt 4 Prince Consort Industrial Estate Hebburn Tyne & Wear NE31 IEH Barclay5 Bank plc Tyne Dock South Shlelds NE33 INH Independent Examlner Optimal AC￿Untan¢¥ Lirnited 301a Sunderland Road South Shields Tyne & Wear NE34 6RB The Wheels Pro rtoftheTru The trustees have pleasure in presenting their report arbd the un-audited financial statements of the company charity for the year ended 31° March 2024. . The financial statements have been prepared on the basis of the accountlng pollcies ￿ out in note one to the financial statements, and comply with company charitVs Trust Deed, the Charities Art 21J)6. the Companies Act 1985 and the Statement of Recommended Practice, 'Accountin8 and Reporting by Charlties. (SORP 2￿6} issued in March 2iJ)6. To advance the education and trainin8 primarily of persons a8ed between eight and twenty-five years I"youn8 people"}, who are resident in South Tyneside. in motor mechanics. workshop skills and motor sport. To promote the benefit of such youn8 people through the provision of educational. recreational and traini￿ opportunities. To all the schools and referral units we work with we offer free vffjrk experience via Connexlons for a week or two weeks at a time. A full review of the activities is shown in the charit(s annual report, attached to the financial statement. ent and intrTWIt of the Mana The recrultment and appointment to the chariV5 management committee and tfustees is carried out vla norninatlng each year prlor to the Annual Ger￿al Meetin's. These posltlons are then filled at the business meetin8 of the mana8ement commtttee immediately followin8 the Annual General Meeting. The charity has a fund's polfcy to build up sufficient fvnds to cover unrestricted funds for a minimum of thirteen weeks, whilst tryin8 to achieve a surplus to provmle improvements to the existin8 facilitles and allow new and extended actNFties when required. 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 Accountsncy Llmlted 3Ola 5underland Road. Swth Shielts, NE33 4EB Ineon* S nt aNI lanu Sheet rt to the Directors of". istered Company Number: On Accounts for the Year Ended: Set out on Pages: The Wheels Pro. 06668676 31.03.2024 . The comparfs Dlrectors a￿ responsible for the preparation of the account& The compan(s Directors conslder that an audlt Is not required for this year, and that an Independent Examination is needed. It ts my responsibility to= Examlne the accounts; Follow the procedures.laid down in the General Direcilons gNen by Companles House: and State whe￿r particular rnatte￿ have come to my attention. Basls In(kpend•nt Examlrwe5 Statement My examination was carried out in accordance with the General Directions given by CompanEs House. An examination indudes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seekin8 explanations from the Directors concernin8 ary such matters. The procedures undertaken do not provide all the evidence that would be required in an a￿lit, and cOnSeq￿ntIV I do not express an audit opinion on the accounts. Ind•p•nd•nt Exarnln•es Staten*nt In connection with my examination, no matter ha5 come to my attention: (l) Which 8ives me reasonable cause to belleve that in any material respect the requirements: To keep accountin8 records in accordance with Companles Act: and To prepare accounts which accord with the accountln8 records and compty wlth the accounting requlrements of the Act. Have not been TneL' or {21 To which. in my opinion. attention should be in orderto enable a proper urKlefstsnding of the accounts to be reached. s.li ! ].?.*..,.-.... Name ..... QL 6. LJ64irr l March 2024 Funds Fur•th 2024 2023 Incoml IncomlnB re%￿r¢e$ ienerated funds: Voluntary income Artlvltles for 8eneratln8 funds 2,2(K) 2,2Q) Charltsble xtlvitles: 185.245 185.245 128,675 Total Incomlni resources 131975 47,242 47.242 37,964 122,957 122.957 91.7Erf) Total resources •xpended 14et mry••ment ln funds Total fvnds brou8ht lorwArd Total fvnds carrled forward 67 Balance Sheet for the Year E￿d 31" Marth 2024 2023 Flxed Assets Tan8ible assets 113 Cash at bank 66.942 49,675 Cr•dftm: •rnouiits.￿l1ry du• Wlthln on• year Net current assets 66.942 49,675 Total assets less total liabillties Unr•rtrkt•d lunds 49.788 47,538 Restrfcted funds The dirertors consider that the company 15 entitled to exemption from the requi￿rnent to have an audit urHler the Pfovislons of Sectlon 477 of the Companies Act 2(￿. Members have not required the company under Sectlon 476 of the Companies Act 2(￿. to obtain an audit for the year ended 31st March 2024. The dirertors acknowled8e their responsibilities for ensur1￿ that the company keep5 accountinB records which compty with the Companies Act 2CK>6. and for preparin8 accounts which give a tn* and fair view of the state of affairs of the company as at 31 March 2024 and of its profrt or loss for the y.ear then ended in accordance with the requirements, and which otherwise comply with the requirements of the Act relatin8 to the accounts so far as applicable to the companv. ThÈ financial ststements which have been prepared in accordance with the special provisions of the Companies Art 21X)6 applicable to small companies were approved by the board of directors and trustees 011.....................................and signed on its behalf. Si8ned........... Print Name:........... 4.L4fv>.. 1?t C e Director...... .... Date of AppfovaI....¥.j.i.i.l..%..￿................ Whee Not•s to th• ac￿￿nts for the ar ended 31" March 21n4 l. *xcourtln( thicies Basls of accountl The flnancial statements have been prepared under the historical cost convention and in accordance with Statement of Recommended Practice "Accountin8 and Reportin8 by Charitie5° ISORP 21X)61 published in March 2Crf)6 and the Charities Act 2(￿. Voluntary IrKome received by way of donations afKI gifts to the tharity Is ind￿led in full in the Statement of Financial Activities when received. Intsn8ible income is not included unles5 it repre5ent$ goods or services which would have otherwise been purchased. Gifts in kind are valued and brou8ht in as income and the appropriate Èxpenditure is brou8ht in as expenditure. expended All expend6ture Is accounted for on an accrual basis. The charity Is rM>t VAT registered therefore all expenditure 15 accounted for gross. Charitable activitie5 tnclude all resources applied by the charity In undertaking work to rneet its charitable objectives. Governance costs incltsde the general running cost5 of the charity as OPP05ed to generatin8 funds. service delivery and project work. This indudes the costs associated with the indepe1￿ent examination of account& Funds (al Restrirted funds are to be used for specific purposes as laid down by the donor. Expenditure whkh rneets th￿e criterla Is Identif*d to the fund, together with a falr allocation of overhead and support costs. Ib) Unrestricted funds are donation5 and other incomir¥ resour￿5 received or 8enerated for the purposes of the charity. Tan8lbl• Flx•d Ass•ts and Depredatlon Tangible fixed assets costin8 more than £5LKI are capitali5ed and included at cost. Depreciation Is calculated so as to write off the cost of an asset. tess its estimated ￿sIdUal value, over the useful ecOr￿Mk Ilfe to that asset as follows: Furnlture arKI equlpment 25% reduclng balan The Wheels Pro" nts for the r ended 31 2. Voluntary In¢ome Total 2024 T(Aal 2023 Sundry Donations Donatlons for Africa 2,2(X) 2fy3 2LMI ' 2. Actlvftits for yneratlry fv Totsl 2024 Funds Total 2023 Funds Tea Machlne Sale of scrap 3. IrKomlry resOU￿e from charttable a¢tlvltles Totsl 2024 Funds Total 2023 Fund5 Schoots Gfants Aw•vds for all CAF Grant Hljh Sh•rlff Award otes to t for the 4. Other Incom5n8 resouftes Total 2024 Funds Totsl 2023 Funds Tax Rebate Gas Refund Electric Refund Photocopier RefurKI Telephone Refund Water Refund 5. Charltabl• •ctip Total 2024 Fund5 Total 2023 Fur Tralnl 833 833 Telephone and Fax Heal Utht and Watrr Cateri Rent Inwranc• Caprtal Travel, Fuel. Food Workshop Mat•rlals 2,338 3.878 2,338 3A78 2,216 2,715 23,026 3.434 23,026 3,434 17,070 6,657 6.143 6.143 4,173 7,589 47 7,589 The Wheeb Pro esto rts for °Marth2 Totsl 2024 Funds Total 2023 Funds Staff Costs Office Costs Staff Training Professlonal Fees Depreciation 120,556 577 120,556 577 90,330 93 1.796 28 1,796 28 38 761 7. Flxed •ssets Furnltur• and Equlpmert ix at 3111 M Four post Ramp Tools Power T¢)ols Hair Salon Equipment Bench Power Tools Benches *6 Valu•d at cost Depreclatlon Charge for year 28 Net b1￿k value as at 31" March 2023 113 Net book value as at 31# March 2024 io ar ended 3111 March Tot•l 2024 Funds Total 2023 Ful Fund balances at 31" March 2024 are repfesented by: Flxed asset Current assets Current Ilabilities 85 66.942 113 49,675 66.942 li Dear Julie Thank you for providing the evidence to support your recent UAS submission. I have completed the assessment and found all documents to be well organised and presented. As we have now completed our annual assessment, you do not need to provide any summary sheets/student work for the remainder of the academic year (unless we request a spot check). Your certificates will now be sent out from our Manchester office. Certificates will be addressed to 'UAS Coordinator' so please make the recipient of your centre's post aware that you are the UAS Coordinator. Thanks again for all your efforts in producing this assessment and please do not hesitate to contact UAS if you have any queries. Kind regards, Jo Stancombe Delivery Administrator – Unit Award Scheme (UAS) T: 01423 534 235 **AQA**