Durham City Shopmobility Trustees Report
December 2021
Chairpersons Introduction
I am happy to present the Annual Report and Accounts of Durham City Shopmobility for 2021. We would like to express our thanks to Durham County Council once again for the grant of £25,000 towards the project. The Furlough Scheme has helped our organisation continue despite the lack of income from people using the Shopmobility Project the Bus
In terms of our financial position our total Income was £46,185 (down £13,579 on the previous year, for the reasons given above) and our Expenditure was £53,514 (also own by £6,269) so although we brought in less and spent less, we still finished the year with a deficit £7,329 disappointing but anticipated given our inability to attract people back to the service and the cessation of Government help. In the coming year we need to review income and expenditure, staffing and raising funds for 2022
Susan Vest
Chairperson
Durham City Shopmobility Trustees Annual Report 1[st] January to 31[st] December 2021
1 Introduction:
- 1.1 The Directors and Board are happy to present the Annual Report and Financial Accounts for the period 1st January to December 31st 2021.
2. Background Information:
- 2.1 Durham City Shopmobility is a charitable organisation formally constituted in February 1998. Becoming a company limited by guarantee in 2000. The objectives of the charity are outlined in the Memorandum of Association. ‘To empower disabled persons in Durham City, by providing them with electric and manual wheelchairs or scooters, to access shopping areas, places of interest, educational and leisure facilities, promoting independence, confidence, knowledge and self-esteem’
3 Governing Body
-
3.1 The Directors of the company are also Charity Trustees for the purpose of charity law and under the company’s Articles of Association are members of the Executive Committee. Each Trustee retires annually and all are eligible for re-election at the next Annual General Meeting.
-
3.2 The Memorandum and Articles of Association states that The Executive Committee shall consist of not less than 4 members nor more than 12. The majority of members of the Executive Committee shall consist of people having a disability.
4 Trustee Training and Induction
-
4.1 As members of the organisation Trustees are familiar with the practical work within the charity. All new trustees receive an induction pack outlining:
-
The roles and responsibilities of the Executive Committee.
-
The main documents relating to the organisation.
-
Budgets and current financial position.
-
Future plans.
-
4.2 The Board is required to hold four ordinary meetings per year. Special meetings may be called at any time by the Chair or by any two members of the Board upon not less than 4 days’ notice being given to other members of the Executive Committee.
-
4.3 The Sub-committee . A sub-committee comprising three or more members can be appointed by the Board for the purpose of making any inquiry or supervising or performing any function or duty which in the opinion of the other committee members would be more conveniently undertaken or carried out by a sub-committee.
-
4.4 Staffing: Shopmobility currently have two staff, The Manager who is responsible for the day to day management of the organisation and a driver who is responsible for the bus and the excursions.
-
4.5 Premises : Durham City Shopmobility was incorporated within the development of the Prince Bishops Shopping Centre, therefore was fully designed to be totally accessible. Since the project was established, the organisation has continued to pay peppercorn rent. In 2011 the organisation was relocated to a new purpose built building which is more visible and accessible to service users. Under the tenants agreement, all issues relating to the unit are the responsibility of Durham City Shopmobility.
5 Progress Report.
-
5.1 As the organisation, like many others, emerges from two of the most difficult years in its history It is only right and proper that we should consider the future. Working with some of the most vulnerable people within the city we are all too aware of the impacts of the pandemic and how this has affected many disabled people, their confidence and their activities. . Building confidence in the service is paramount.
-
5.2 The lack of customers has meant a significant dip in our income and our inability to operate the bus, which generates a lot of our income, means we have lost a large part of our customer base. This will take time to rebuild and yet despite this we still have many of the operating costs of repairs of the bus regular safety checks and maintenance despite the bus being garaged for the greater part of the year we have received bills running into thousands.
-
5.4 We know from our membership renewals how many clients we have lost due to death or ill health and this too will take time to rebuild.
-
6 Financial Review.
-
6.1 Our Chairperson in her opening comments has outlined the overall funding position and it is clear from this we may need to cut our cloth accordingly and this may mean increasing costs and charges, reducing operational hours developing new and additional services to attract new income streams.
-
5.2 It is at this time that we recognise the need to update equipment as repairs to wheelchairs and scooters increase because of age and wear and tear, As equipment stood idle during the pandemic battery life of scooters diminished and we noticed an increase in costs. This coupled with new lightweight more flexible equipment has made some of our stock almost obsolete
-
5.3 As an organisation we have been working on a number of funding applications to address these issues and although it may take time we hope to announce plans for the future in 2022 but we recognise that this is against a backdrop of a paucity of available funding locally and nationally.
6 Future Development’
- 6.1 As an organisation we recognise the need to develop our effectiveness and have been looking to expand and develop our Board. Several new Trustees have agreed, in principle to join the Board in 2022. People with a range of background and skills that will put us in a stronger position to move forward strategically and to tackle many of the issues we have outlined. We look forward to reporting on these initiatives next year
Board of Directors December 2021
REGISTERED COMPANY NUMBER: 04076663 (England and Wales) REGISTERED CHARITY NUMBER: 1089386
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
DURHAM CITY SHOPMOBILITY LTD
Ribchesters Chartered Accountants Finchale House Belmont Business Park Durham DH1 1TW
DURHAM CITY SHOPMOBILITY LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 |
DURHAM CITY SHOPMOBILITY LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Durham City Shopmobility is a charitable organisation formally constituted in February 1998. Becoming a company limited by guarantee in 2000. The objectives of the charity are outlined in the Memorandum of Association.
'To empower disabled persons in Durham City, by providing them with electric and manual wheelchairs or scooters, to access shopping areas, places of interest, educational and leisure facilities, promoting independence, confidence, knowledge and self-esteem'.
Chairpersons Introduction
I am happy to present the Annual Report and Accounts of Durham City Shopmobility for 2021. We would like to express our thanks to Durham County Council once again for the grant of £25,000 towards the project. The Furlough Scheme has helped our organisation continue despite the lack of income from people using the Shopmobility Project the Bus.
In terms of our financial position our total Income was £46,185 (down £13,598 on the previous year, for the reasons given above) and our Expenditure was £53,514 ( up by £6,032) so we brought in less and spent more, we finished the year with a deficit £7,329 disappointing but anticipated given our inability to attract people back to the service and the cessation of Government help. In the coming year we need to review income and expenditure, staffing and raising funds for 2022.
Susan Vest
Chairperson
1 Introduction:
-
1.1 The Directors and Board are happy to present the Annual Report and Financial Accounts for the period 1[st] January to December 31[st] 2021.
-
2 Background Information:
-
2.1 Durham City Shopmobility is a charitable organisation formally constituted in February 1998. Becoming a company
limited by guarantee in 2000. The objectives of the charity are outlined in the Memorandum of Association.
‘ To empower disabled persons in Durham City, by providing them with electric and manual wheelchairs or scooters, to access shopping areas, places of interest, educational and leisure facilities, promoting independence, confidence, knowledge and self-esteem’
3 Governing Body
-
3.1 The Directors of the company are also Charity Trustees for the purpose of charity law and under the company’s Articles of Association are members of the Executive Committee. Each Trustee retires annually and all are eligible for re-election at the next Annual General Meeting.
-
3.2 The Memorandum and Articles of Association states that The Executive Committee shall consist of not less than 4 members nor more than 12. The majority of members of the Executive Committee shall consist of people having a disability.
Page 1
DURHAM CITY SHOPMOBILITY LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
4 Trustee Training and Induction
-
4.1 As members of the organisation Trustees are familiar with the practical work within the charity. All new trustees receive an induction pack outlining:
-
The roles and responsibilities of the Executive Committee.
-
The main documents relating to the organisation.
-
Budgets and current financial position.
-
Future plans.
-
4.2 The Board is required to hold four ordinary meetings per year. Special meetings may be called at any time by the Chair or by any two members of the Board upon not less than 4 days’ notice being given to other members of the Executive Committee.
-
4.3 The Sub-committee. A sub-committee comprising three or more members can be appointed by the Board for the purpose of making any inquiry or supervising or performing any function or duty which in the opinion of the other committee members would be more conveniently undertaken or carried out by a sub-committee.
-
4.4 Staffing: Shopmobility currently have two staff, The Manager who is responsible for the day to day management of the organisation and a driver who is responsible for the bus and the excursions.
-
4.5 Premises: Durham City Shopmobility was incorporated within the development of the Prince Bishops Shopping Centre, therefore was fully designed to be totally accessible. Since the project was established, the organisation has continued to pay peppercorn rent. In 2011 the organisation was relocated to a new purpose built building which is more visible and accessible to service users. Under the tenants agreement, all issues relating to the unit are the responsibility of Durham City Shopmobility.
5 Progress Report.
-
5.1 As the organisation, like many others, emerges from two of the most difficult years in its history It is only right and proper that we should consider the future. Working with some of the most vulnerable people within the city we are all too aware of the impacts of the pandemic and how this has affected many disabled people, their confidence and their activities. . Building confidence in the service is paramount.
-
5.2 The lack of customers has meant a significant dip in our income and our inability to operate the bus, which generates a lot of our income, means we have lost a large part of our customer base. This will take time to rebuild and yet despite this we still have many of the operating costs of repairs of the bus regular safety checks and maintenance despite the bus being garaged for the greater part of the year we have received bills running into thousands.
-
5.4 We know from our membership renewals how many clients we have lost due to death or ill health and this too will take time to rebuild.
FINANCIAL REVIEW
Our Chairperson in her opening comments has outlined the overall funding position and it is clear from this we may need to cut our cloth accordingly and this may mean increasing costs and charges, reducing operational hours developing new and additional services to attract new income streams.
It is at this time that we recognise the need to update equipment as repairs to wheelchairs and scooters increase because of age and wear and tear, As equipment stood idle during the pandemic battery life of scooters diminished and we noticed an increase in costs. This coupled with new lightweight more flexible equipment has made some of our stock almost obsolete .
As an organisation we have been working on a number of funding applications to address these issues and although it may take time we hope to announce plans for the future in 2022 but we recognise that this is against a backdrop of a paucity of available funding locally and nationally.
Page 2
DURHAM CITY SHOPMOBILITY LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
FUTURE PLANS
As an organisation we recognise the need to develop our effectiveness and have been looking to expand and develop our Board. Several new Trustees have agreed, in principle to join the Board in 2022. People with a range of background and skills that will put us in a stronger position to move forward strategically and to tackle many of the issues we have outlined. We look forward to reporting on these initiatives next year
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
We have reviewed the major risks to which the charity is exposed throughout 2021. All procedures have been reviewed and where necessary new one established, reducing the risks the charity may face. Policies and procedures continue to be implemented internally. All safeguarding has been updated. Procedures are in place within Durham City Shopmobility to ensure the health and safety of staff, volunteers and members.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04076663 (England and Wales)
Registered Charity number 1089386
Registered office
Level One Car Park Prince Bishops Shopping Centre Durham DH1 3UJ
DIRECTOR / TRUSTEES
Mrs S Vest Chair Mrs J Lees Secretary Mrs P Baron Lesley Standley
COMPANY SECRETARY
Mrs J Lees
Independent Examiner
J D Holloway FCA DChA ICAEW Ribchesters Chartered Accountants Finchale House Belmont Business Park Durham DH1 1TW
Solicitors
Swinburne Maddison Old Bailey Durham Telephone: 0191 3842441
Approved by order of the board of trustees on 21 August 2022 and signed on its behalf by:
........................................................................ Mrs S Vest - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DURHAM CITY SHOPMOBILITY LTD
Independent examiner's report to the trustees of Durham City Shopmobility Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
J D Holloway FCA DChA ICAEW Ribchesters Chartered Accountants Finchale House Belmont Business Park Durham DH1 1TW
Date: .............................................
Page 4
DURHAM CITY SHOPMOBILITY LTD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 17,829 - Charitable activities Charitable activities 25,000 - Other trading activities 3 3,219 - Investment income 4 137 - Total 46,185 - EXPENDITURE ON Charitable activities Charitable activities 53,514 - NET INCOME/(EXPENDITURE) (7,329) - RECONCILIATION OF FUNDS Total funds brought forward 78,587 - TOTAL FUNDS CARRIED FORWARD 71,258 - |
2021 Total funds £ 17,829 25,000 3,219 137 46,185 53,514 (7,329) 78,587 71,258 |
2020 Total funds £ 22,435 35,000 2,347 1 59,783 47,482 12,301 66,286 78,587 |
|---|---|---|
The notes form part of these financial statements
Page 5
DURHAM CITY SHOPMOBILITY LTD
BALANCE SHEET 31 DECEMBER 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 17,932 CURRENT ASSETS Cash at bank and in hand 54,160 CREDITORS Amounts falling due within one year 10 (834) NET CURRENT ASSETS 53,326 TOTAL ASSETS LESS CURRENT LIABILITIES 71,258 NET ASSETS 71,258 FUNDS 11 Unrestricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - |
2021 Total funds £ 17,932 54,160 (834) 53,326 71,258 71,258 71,258 71,258 |
2020 Total funds £ 21,758 58,198 (1,369) 56,829 78,587 78,587 78,587 78,587 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 August 2022 and were signed on its behalf by:
............................................. S Vest - Trustee
The notes form part of these financial statements
Page 6
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include those costs associated with meeting with the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on cost Motor vehicles - 5-20% on reducing balance
Individual fixed assets bought using restricted funds are written off to the statement of financial activities in the year they are purchased, to show the restricted fund being spent.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. DONATIONS AND LEGACIES
| Grants Grants received, included in the above, are as follows: Coronavirus Job Retention Scheme Robert Hall 3. OTHER TRADING ACTIVITIES Bus income Membership and hires 4. INVESTMENT INCOME Bank interest receivable 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2021 £ 17,829 2021 £ 17,829 - 17,829 2021 £ 1,719 1,500 3,219 2021 £ 137 2021 £ 3,826 |
2020 £ 22,435 2020 £ 19,930 2,505 22,435 2020 £ 1,288 1,059 2,347 2020 £ 1 2020 £ 4,649 |
|---|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
continued...
Page 8
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Office staff No employees received emoluments in excess of £60,000. 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 22,435 Charitable activities Charitable activities 35,000 Other trading activities 2,347 Investment income 1 Total 59,783 EXPENDITURE ON Charitable activities Charitable activities 47,482 NET INCOME 12,301 RECONCILIATION OF FUNDS Total funds brought forward 66,286 TOTAL FUNDS CARRIED FORWARD 78,587 |
2021 £ 40,195 831 41,026 2021 2 Restricted funds £ - - - - - - - - - |
2020 £ 36,243 705 36,948 2020 2 Total funds £ 22,435 35,000 2,347 1 59,783 47,482 12,301 66,286 78,587 |
|---|---|---|
continued...
Page 9
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
9. TANGIBLE FIXED ASSETS
| 9. | TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Plant and | and | Motor | ||||
| machinery | fittings | vehicles | Totals | |||
| £ | £ | £ | £ | |||
| COST | ||||||
| At 1 January 2021 and 31 December 2021 | 4,400 | 1,344 | 51,222 | 56,966 | ||
| DEPRECIATION | ||||||
| At 1 January 2021 | 1,922 | 1,054 | 32,232 | 35,208 | ||
| Charge for year | 326 | 82 | 3,418 | 3,826 | ||
| At 31 December 2021 | 2,248 | 1,136 | 35,650 | 39,034 | ||
| NET BOOK VALUE | ||||||
| At 31 December 2021 | 2,152 | 208 | 15,572 | 17,932 | ||
| At 31 December 2020 | 2,478 | 290 | 18,990 | 21,758 | ||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Social security and other taxes | - | 464 | ||||
| Accrued expenses | 834 | 905 | ||||
| 834 | 1,369 | |||||
| 11. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.1.21 | in funds | 31.12.21 | |||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 78,587 | (7,329) | 71,258 | |||
| TOTAL FUNDS | 78,587 | (7,329) | 71,258 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 46,185 | (53,514) | (7,329) | |||
| TOTAL FUNDS | 46,185 | (53,514) | (7,329) |
continued...
Page 10
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.1.20 | in funds | 31.12.20 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 66,286 |
12,301 | 78,587 |
| TOTAL FUNDS 66,286 |
12,301 | 78,587 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 59,783 |
(47,482) | 12,301 |
| TOTAL FUNDS 59,783 |
(47,482) | 12,301 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.20 | in funds | 31.12.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 66,286 | 4,972 | 71,258 |
| TOTAL FUNDS | 66,286 | 4,972 | 71,258 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 105,968 | (100,996) | 4,972 |
| TOTAL FUNDS | 105,968 | (100,996) | 4,972 |
During the year a grant was received which was restricted in nature. The grant received from Henry Smith's Charity was to be used towards staff salaries and the full amount was spent during this year.
continued...
Page 11
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
Page 12
DURHAM CITY SHOPMOBILITY LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants | 17,829 | 22,435 |
| Other trading activities | ||
| Bus income | 1,719 | 1,288 |
| Membership and hires | 1,500 | 1,059 |
| 3,219 | 2,347 | |
| Investment income | ||
| Bank interest receivable | 137 | 1 |
| Charitable activities | ||
| Grants | 25,000 | 35,000 |
| Total incoming resources | 46,185 | 59,783 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 40,195 | 36,243 |
| Pensions | 831 | 705 |
| Bus running costs | 3,299 | 2,979 |
| Licences and fees | 20 | 20 |
| Administration expenses | 1,195 | 1,217 |
| Repairs and renewals | 2,873 | 257 |
| Depn of plant & machinery | 325 | 383 |
| Depn of fixtures & fittings | 82 | 96 |
| Depn of motor vehicles | 3,418 | 4,169 |
| 52,238 | 46,069 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 1,276 | 1,413 |
| Total resources expended | 53,514 | 47,482 |
| Net (expenditure)/income | (7,329) | 12,301 |
This page does not form part of the statutory financial statements
Page 13
REGISTERED COMPANY NUMBER: 04076663 (England and Wales) REGISTERED CHARITY NUMBER: 1089386
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
DURHAM CITY SHOPMOBILITY LTD
Ribchesters Chartered Accountants Finchale House Belmont Business Park Durham DH1 1TW
DURHAM CITY SHOPMOBILITY LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 |
DURHAM CITY SHOPMOBILITY LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Durham City Shopmobility is a charitable organisation formally constituted in February 1998. Becoming a company limited by guarantee in 2000. The objectives of the charity are outlined in the Memorandum of Association.
'To empower disabled persons in Durham City, by providing them with electric and manual wheelchairs or scooters, to access shopping areas, places of interest, educational and leisure facilities, promoting independence, confidence, knowledge and self-esteem'.
Chairpersons Introduction
I am happy to present the Annual Report and Accounts of Durham City Shopmobility for 2021. We would like to express our thanks to Durham County Council once again for the grant of £25,000 towards the project. The Furlough Scheme has helped our organisation continue despite the lack of income from people using the Shopmobility Project the Bus.
In terms of our financial position our total Income was £46,185 (down £13,598 on the previous year, for the reasons given above) and our Expenditure was £53,514 ( up by £6,032) so we brought in less and spent more, we finished the year with a deficit £7,329 disappointing but anticipated given our inability to attract people back to the service and the cessation of Government help. In the coming year we need to review income and expenditure, staffing and raising funds for 2022.
Susan Vest
Chairperson
1 Introduction:
-
1.1 The Directors and Board are happy to present the Annual Report and Financial Accounts for the period 1[st] January to December 31[st] 2021.
-
2 Background Information:
-
2.1 Durham City Shopmobility is a charitable organisation formally constituted in February 1998. Becoming a company
limited by guarantee in 2000. The objectives of the charity are outlined in the Memorandum of Association.
‘ To empower disabled persons in Durham City, by providing them with electric and manual wheelchairs or scooters, to access shopping areas, places of interest, educational and leisure facilities, promoting independence, confidence, knowledge and self-esteem’
3 Governing Body
-
3.1 The Directors of the company are also Charity Trustees for the purpose of charity law and under the company’s Articles of Association are members of the Executive Committee. Each Trustee retires annually and all are eligible for re-election at the next Annual General Meeting.
-
3.2 The Memorandum and Articles of Association states that The Executive Committee shall consist of not less than 4 members nor more than 12. The majority of members of the Executive Committee shall consist of people having a disability.
Page 1
DURHAM CITY SHOPMOBILITY LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
4 Trustee Training and Induction
-
4.1 As members of the organisation Trustees are familiar with the practical work within the charity. All new trustees receive an induction pack outlining:
-
The roles and responsibilities of the Executive Committee.
-
The main documents relating to the organisation.
-
Budgets and current financial position.
-
Future plans.
-
4.2 The Board is required to hold four ordinary meetings per year. Special meetings may be called at any time by the Chair or by any two members of the Board upon not less than 4 days’ notice being given to other members of the Executive Committee.
-
4.3 The Sub-committee. A sub-committee comprising three or more members can be appointed by the Board for the purpose of making any inquiry or supervising or performing any function or duty which in the opinion of the other committee members would be more conveniently undertaken or carried out by a sub-committee.
-
4.4 Staffing: Shopmobility currently have two staff, The Manager who is responsible for the day to day management of the organisation and a driver who is responsible for the bus and the excursions.
-
4.5 Premises: Durham City Shopmobility was incorporated within the development of the Prince Bishops Shopping Centre, therefore was fully designed to be totally accessible. Since the project was established, the organisation has continued to pay peppercorn rent. In 2011 the organisation was relocated to a new purpose built building which is more visible and accessible to service users. Under the tenants agreement, all issues relating to the unit are the responsibility of Durham City Shopmobility.
5 Progress Report.
-
5.1 As the organisation, like many others, emerges from two of the most difficult years in its history It is only right and proper that we should consider the future. Working with some of the most vulnerable people within the city we are all too aware of the impacts of the pandemic and how this has affected many disabled people, their confidence and their activities. . Building confidence in the service is paramount.
-
5.2 The lack of customers has meant a significant dip in our income and our inability to operate the bus, which generates a lot of our income, means we have lost a large part of our customer base. This will take time to rebuild and yet despite this we still have many of the operating costs of repairs of the bus regular safety checks and maintenance despite the bus being garaged for the greater part of the year we have received bills running into thousands.
-
5.4 We know from our membership renewals how many clients we have lost due to death or ill health and this too will take time to rebuild.
FINANCIAL REVIEW
Our Chairperson in her opening comments has outlined the overall funding position and it is clear from this we may need to cut our cloth accordingly and this may mean increasing costs and charges, reducing operational hours developing new and additional services to attract new income streams.
It is at this time that we recognise the need to update equipment as repairs to wheelchairs and scooters increase because of age and wear and tear, As equipment stood idle during the pandemic battery life of scooters diminished and we noticed an increase in costs. This coupled with new lightweight more flexible equipment has made some of our stock almost obsolete .
As an organisation we have been working on a number of funding applications to address these issues and although it may take time we hope to announce plans for the future in 2022 but we recognise that this is against a backdrop of a paucity of available funding locally and nationally.
Page 2
DURHAM CITY SHOPMOBILITY LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
FUTURE PLANS
As an organisation we recognise the need to develop our effectiveness and have been looking to expand and develop our Board. Several new Trustees have agreed, in principle to join the Board in 2022. People with a range of background and skills that will put us in a stronger position to move forward strategically and to tackle many of the issues we have outlined. We look forward to reporting on these initiatives next year
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
We have reviewed the major risks to which the charity is exposed throughout 2021. All procedures have been reviewed and where necessary new one established, reducing the risks the charity may face. Policies and procedures continue to be implemented internally. All safeguarding has been updated. Procedures are in place within Durham City Shopmobility to ensure the health and safety of staff, volunteers and members.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04076663 (England and Wales)
Registered Charity number 1089386
Registered office
Level One Car Park Prince Bishops Shopping Centre Durham DH1 3UJ
DIRECTOR / TRUSTEES
Mrs S Vest Chair Mrs J Lees Secretary Mrs P Baron Lesley Standley
COMPANY SECRETARY
Mrs J Lees
Independent Examiner
J D Holloway FCA DChA ICAEW Ribchesters Chartered Accountants Finchale House Belmont Business Park Durham DH1 1TW
Solicitors
Swinburne Maddison Old Bailey Durham Telephone: 0191 3842441
Approved by order of the board of trustees on 21 August 2022 and signed on its behalf by:
........................................................................ Mrs S Vest - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DURHAM CITY SHOPMOBILITY LTD
Independent examiner's report to the trustees of Durham City Shopmobility Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
J D Holloway FCA DChA ICAEW Ribchesters Chartered Accountants Finchale House Belmont Business Park Durham DH1 1TW
Date: .............................................
Page 4
DURHAM CITY SHOPMOBILITY LTD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 17,829 - Charitable activities Charitable activities 25,000 - Other trading activities 3 3,219 - Investment income 4 137 - Total 46,185 - EXPENDITURE ON Charitable activities Charitable activities 53,514 - NET INCOME/(EXPENDITURE) (7,329) - RECONCILIATION OF FUNDS Total funds brought forward 78,587 - TOTAL FUNDS CARRIED FORWARD 71,258 - |
2021 Total funds £ 17,829 25,000 3,219 137 46,185 53,514 (7,329) 78,587 71,258 |
2020 Total funds £ 22,435 35,000 2,347 1 59,783 47,482 12,301 66,286 78,587 |
|---|---|---|
The notes form part of these financial statements
Page 5
DURHAM CITY SHOPMOBILITY LTD
BALANCE SHEET 31 DECEMBER 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 17,932 CURRENT ASSETS Cash at bank and in hand 54,160 CREDITORS Amounts falling due within one year 10 (834) NET CURRENT ASSETS 53,326 TOTAL ASSETS LESS CURRENT LIABILITIES 71,258 NET ASSETS 71,258 FUNDS 11 Unrestricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - |
2021 Total funds £ 17,932 54,160 (834) 53,326 71,258 71,258 71,258 71,258 |
2020 Total funds £ 21,758 58,198 (1,369) 56,829 78,587 78,587 78,587 78,587 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 August 2022 and were signed on its behalf by:
............................................. S Vest - Trustee
The notes form part of these financial statements
Page 6
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include those costs associated with meeting with the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on cost Motor vehicles - 5-20% on reducing balance
Individual fixed assets bought using restricted funds are written off to the statement of financial activities in the year they are purchased, to show the restricted fund being spent.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. DONATIONS AND LEGACIES
| Grants Grants received, included in the above, are as follows: Coronavirus Job Retention Scheme Robert Hall 3. OTHER TRADING ACTIVITIES Bus income Membership and hires 4. INVESTMENT INCOME Bank interest receivable 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2021 £ 17,829 2021 £ 17,829 - 17,829 2021 £ 1,719 1,500 3,219 2021 £ 137 2021 £ 3,826 |
2020 £ 22,435 2020 £ 19,930 2,505 22,435 2020 £ 1,288 1,059 2,347 2020 £ 1 2020 £ 4,649 |
|---|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
continued...
Page 8
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Office staff No employees received emoluments in excess of £60,000. 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 22,435 Charitable activities Charitable activities 35,000 Other trading activities 2,347 Investment income 1 Total 59,783 EXPENDITURE ON Charitable activities Charitable activities 47,482 NET INCOME 12,301 RECONCILIATION OF FUNDS Total funds brought forward 66,286 TOTAL FUNDS CARRIED FORWARD 78,587 |
2021 £ 40,195 831 41,026 2021 2 Restricted funds £ - - - - - - - - - |
2020 £ 36,243 705 36,948 2020 2 Total funds £ 22,435 35,000 2,347 1 59,783 47,482 12,301 66,286 78,587 |
|---|---|---|
continued...
Page 9
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
9. TANGIBLE FIXED ASSETS
| 9. | TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Plant and | and | Motor | ||||
| machinery | fittings | vehicles | Totals | |||
| £ | £ | £ | £ | |||
| COST | ||||||
| At 1 January 2021 and 31 December 2021 | 4,400 | 1,344 | 51,222 | 56,966 | ||
| DEPRECIATION | ||||||
| At 1 January 2021 | 1,922 | 1,054 | 32,232 | 35,208 | ||
| Charge for year | 326 | 82 | 3,418 | 3,826 | ||
| At 31 December 2021 | 2,248 | 1,136 | 35,650 | 39,034 | ||
| NET BOOK VALUE | ||||||
| At 31 December 2021 | 2,152 | 208 | 15,572 | 17,932 | ||
| At 31 December 2020 | 2,478 | 290 | 18,990 | 21,758 | ||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Social security and other taxes | - | 464 | ||||
| Accrued expenses | 834 | 905 | ||||
| 834 | 1,369 | |||||
| 11. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.1.21 | in funds | 31.12.21 | |||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 78,587 | (7,329) | 71,258 | |||
| TOTAL FUNDS | 78,587 | (7,329) | 71,258 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 46,185 | (53,514) | (7,329) | |||
| TOTAL FUNDS | 46,185 | (53,514) | (7,329) |
continued...
Page 10
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.1.20 | in funds | 31.12.20 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 66,286 |
12,301 | 78,587 |
| TOTAL FUNDS 66,286 |
12,301 | 78,587 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 59,783 |
(47,482) | 12,301 |
| TOTAL FUNDS 59,783 |
(47,482) | 12,301 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.20 | in funds | 31.12.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 66,286 | 4,972 | 71,258 |
| TOTAL FUNDS | 66,286 | 4,972 | 71,258 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 105,968 | (100,996) | 4,972 |
| TOTAL FUNDS | 105,968 | (100,996) | 4,972 |
During the year a grant was received which was restricted in nature. The grant received from Henry Smith's Charity was to be used towards staff salaries and the full amount was spent during this year.
continued...
Page 11
DURHAM CITY SHOPMOBILITY LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
Page 12
DURHAM CITY SHOPMOBILITY LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants | 17,829 | 22,435 |
| Other trading activities | ||
| Bus income | 1,719 | 1,288 |
| Membership and hires | 1,500 | 1,059 |
| 3,219 | 2,347 | |
| Investment income | ||
| Bank interest receivable | 137 | 1 |
| Charitable activities | ||
| Grants | 25,000 | 35,000 |
| Total incoming resources | 46,185 | 59,783 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 40,195 | 36,243 |
| Pensions | 831 | 705 |
| Bus running costs | 3,299 | 2,979 |
| Licences and fees | 20 | 20 |
| Administration expenses | 1,195 | 1,217 |
| Repairs and renewals | 2,873 | 257 |
| Depn of plant & machinery | 325 | 383 |
| Depn of fixtures & fittings | 82 | 96 |
| Depn of motor vehicles | 3,418 | 4,169 |
| 52,238 | 46,069 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 1,276 | 1,413 |
| Total resources expended | 53,514 | 47,482 |
| Net (expenditure)/income | (7,329) | 12,301 |
This page does not form part of the statutory financial statements
Page 13