**Registered number: 04873541 Charity number: 1099931** 

## **KICKSTART NORFOLK** 

**(A company limited by guarantee)** 

## **UNAUDITED** 

**TRUSTEES' REPORT AND FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 MARCH 2024** 



KICKSTART NORFOLK
{A Company limited by guarantge
CONTENTS
Page
Reference and administrative details of the Company. Its Membprs of the Council of
Managgment and advisers
Trustees. report
Independent examiner's r8POrt
ststement of flnanclal activities
2-12
13-14
15
Balanc8 sheet
16-17
Statement of Cash flows
18
Notes to the flnancial statements
19-37

KICKSTART NORFOLK
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS MEMBERS OF THE COUNCIL OF
MANAGEMENT AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
The following are the members of the Council of Management who acted as trustees of the company and seNed
throughout the year unlèss staled otherwise.
Members ofthe Council of Management
Ms R Ditchrran, Trustee and Company Secretary {Resigned 5 Juty 20231
Ms J Jeffery, Trustee
A R Jones, Tnjslee, Treasurer. Chairman
Ms C A While, Tnjstee
B L Gaskins, Trustee
Ms Y Hendry, Trustee and Company Secretary
M Torpey, Trustee
A Davey, Trustee
Senior management team
D Curtis
M Page
Ms H Tollady
Project Manager
Partnership Officer
Finance Officer
Company registered number
04873541
Charity registered number
1099931
Registered office
8 Royson Way, Hum Road, Dereham, Norfolk. NR19 1WD
Accountants
MA Partners Audit LLP, 7 The Close, No￿lch, Norfolk. NR14DJ
Bankers
Na￿est plc, 45 London Street, Norwich, Norfolk, NR2 1HX
Lloyds TSB plc, 38 Market Pla￿, Dereham, Norfolk, NR19 2AT
Scottish Widows Bank plc, 67 Momson Street. Edinburgh, EH3 8YJ
virgin Monèy plc, Jubilee House, Gosforth: Newcastle-upon-Tyne, NE3 4PL
United Trust Bank. 1 Ropemaker Street, London, EC2Y 9AW
Page I

KICKSTART NORFOLK
IA eompany limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together wth the financial statenpnls ol the Company for the year 1
April 2023 to 31 Mareh 2024. The annual report serves the puToses of both a Trustees, report and a directors,
report under company law. The Trustees confinn that the annual report and financial statements of the charitable
company compty with the current statutory requirements, the requirements of the charTlable company's
governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to
charits'es preparing their accounts in acLordance with the Financial Reporbng Stsndard applicable in the UK and
Republic of Ireland {FRS102} (effective 1 January 20191.
sin￿ the Company qualifies as small under sects'on 382 of the Companies Act 2006. the strategic report
required of medium and large Companies under the Companies Act 2006 (Strategic Report and Directors.
Report) has been omitted.
Structure, govgmance and management
. Constitutlon
Kickslart Norfolk I'Kickstarfi was incorporated as a private company limited by guarantee and not havlng share
capital on 21 August 2003 Icompany number 4873541> and registered as a charity on 9 October 2003 Ino
10999311. The charitable company was established under a Memorandum of Association whi¢h established the
objects and power5 of the challtable company and is governed under ils Articles of Association. In the event of
the charitable company being wound up members are required to contribute an amount not exceeding £1.
b. Methods of appointment or election of Trustees
Under thè requirements of the Memorandum and Articles of Association one third of the members of Ihe Council
shall retire from office at each Annual Council meeiing and, If appropriate, oyer themselves for re-election. Bèn
Gaskins and Rosemary Ditchman retired by rolaiion on 5 Juty 2023 and, being eligib￿, Ben Gaskins offeied
himself for rtrelection, and was duly re-elecied. Rosemary D-:tchman expressed her wish to retire from the
Charity as a Trustee and Director. which was approved by the remaining Trustees. Srye remains a Member of the
Charity
Due lo the nature of the charitable companls worl with its focus on unemployed people and partnership
working with stalulory agencies and local aulhortb"es. the CoJncil seeks to ensure that the needs of unemployed
people are appropriately reflected in the professional skills of the Trustees. ID. the event o.: particular skills being
lost due lo relirerrjents, individuals With similar skills are approached lo offer themselves for election lo the
Council. The Council is still seeking potential Trustees.
Page 2

KICKSTART NORFOLK
(A tompany limitod by guarantee)
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
structure, governance and managemenl {conlinuedl
c. Oryanlsatlonal struclure and decislonrymaking policios
The Dirèetors of the company are also charity Trustees for the purpose of charity law and under the charitable
company's Articles are known as members of the Council of Management {'the Coun¢il'},
The Dire¢lor5 and Trustees of Kickstart Norfolk are responsible for the strategic direction, financial affairs 8nd
overall management of Kickstart Norfolk. This Includes their duties undèr oharity law and heavch and safety
legislation.
The Kickstart Council, which normalty meets quarterly. currentty comprises 7 Tfustees from a variety of
professional backgrounds relevant to the work of the charitable Company.
Council members met in person andlor virtually five limes during 2023-2024. receiving reports and papers lo
enable them to give direction. In addition to Council meetings, regular meetings were held with the Chair and
Tressurer and Kickstart Manager lo provide addib'onal oversight of operats.onal strategy and financial rnatters.
A scheme of delegation is in place and day-to-day responsibility for the provision of the services rest with the
Kickstart Manager, Dale Curtis, who is respoftsible for ensuring that the charitable company delivers the servi¢es
specified and that key performance indicators are met. The managerial structure below the Kickstart Manager is
at one level with all other staff members re5)orting direct to the lthckstart Manager_
d. Pollcles adopted for the induction andtraining of Trustees
l existing Trustees are familiar with the practical work of the charitable c£)mpany. Trustees have opportunity to
consider governance and training issues as part Oi the rewew of the risk register and during the Trustees, only
Parts ?f Council meetings. New Trustees attend a short training session lo farniliarise themselve5 with the
Charitable company and the context wf(hin which tt opera-es. These sessions are normally jointly led by the
Chair of the Council of the charitable company and the Efjckstart Manager and cover.
the obligations of CoLJnciI members.,
the main documents which set out the operational fr8rTEwork for the charitable cotnpany. including the
Memorandum and Artides..
resourcing and the current financial FX)sibon shown in quartefiy budget reports,.
future plans and objectives.
Copies of the Memorandum and Attscles 2nd the latest financial statements are issued lo all new Trustees.
Page 3

KICKSTART NORFOLK
(A company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
structure. governance and management Icontlnuedl
e. Pay policy for key management personnel
The Trustees are not remunerated for their roles, unless this is for specific tasks which a￿ agreed by all
Trustees as a required development need for Kickstsrt and voted on at a Council meeting. There wa8 no
remunerstion for Trustees in this finan￿al year.
Trustees use the NJC pay scales for Kickslart staff wtth jobs graded in accordan￿ with Norfolk County Coun¢ll's
job evaluation scheme and, where relevanL extemal market benchmarks such as local rates of pay for motor
mech8nics. Each staff member has a personal developtnent plan which set priorities and objects'ves to be met
throughout the year." this is the benchmark used for the Trustees to agree the next point pay scale rise for each
member of staff.
All staff are automalicalty enrolled into the Royal London Company pension scheme on appointment unless they
choose to opt out.
f. Rolated party relationships
Therè were no related party transactions during the period.
g. Risk management
The Council has conducted a review of the risks to wh￿h the ch2ftt8ble company is exposed. A detailed risk
register, based on Charity Commission good practice, is reviewed by Trusttses on a regular basis. It is updated
by the Kickslart Manager and progress reported lo Trustees. The risk register ensuies that risks covering
governance, operational, financial, exlemal, heafth and safety lincluéing fire risks) and compliance with law and
revaluations are identifieil, assessed and mthgated. The risk register details the systems and procedures in
place and any new action required lo msbgate the risks the charity faces. During 2023124 priority ac;ion was
taken lo:
review of the pricing strategy.
monitoring thè financial cost of running the MOT testing bay.
rur,ning the Breckland Mobile Food Store on behalf of Nourishing Norfolk and Breckland District Council.
seeking one-off grants to support specific service U￿rs.
continuing the conversitsn of the petrol fleet to electric mopeds.
continuing fleet renewal of the petrol fleeL
We minimise intemal financial contrd risks through the implementation of prccedures for authorisalion of
financial trarsaclior.s. Documented internal finan￿al controls. which follow Charity Commission good practicè
guidance, were reviewed in 2a23124 by the Treasurer and the Kickstart Manager. prior to formal adoption by the
Council al ils meeting in April 2024_
Page 4

KICKSTART NORFOLK
(A company Ilmlted by guarantee
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Structure, govomance and management {contlnuedl
h. Health and Safety
A health and safety managemeRt syslern signed off by the Chair of the Council Iput together with an internal
competènt person and audited bi•annually by an exiernal registered body. last extemal audit 5 JLtly 2022, next
audit 28 June 2024) ensures compliance with hea￿h and safety regulats'ons. These procedures are periodically
lesled and reviewed to ensure that they continue to meet the needs of the Charitable cornpany.
We had th￿ accidents recorded in the Kickstart Norfolk acadenl book during the year. These were all minor
inadents requiring cleaning and dressingslplasters applied only, no further action was required.
Plans for futur8 periods
During 2024125 our aims will be..
To monitor and, as necessary, revisit the 2024-25 budgel rf required.
Continue the fleet renewal programme, wth a view to..
Selling the 4-6-year-old 1., Dcc moped fleet and purchasing new replacements.
MOT our 318-year-old 50cc fleet as these mopeds are not showing many signs of major mechanical
problems. Where funds allow replace this fleet Wlih electric equivalents.
Purchase more fleet bikes rf the demand for our service rises and where funds allow it.
Look at new models of mopeds to replace the lleet with an emplasis on electric mopedslscoolers.
To continue to monrtor the costs and beneffts from our MOT lesling fa￿lity.
To extend our moped loan coverage across all parts of the counties of Norfolk, Suffolk, Cambndgeshire,
Rudand and South Lincolnshire.
To grow our partnership wotking, creating new and maintaining existing relationships wth our current
partners and extending our sevices to new parfiners.
To offer an affordable and compelitive seTV1￿.
To deliver better customer Servi￿ and maintain effectrve credf( control ty.
ensuring regular contact wth customers.
asking our customers to infonn us of any improvements we can make.
ensuring all customers sel up direct debits for payments and discJJssing payTnent plans for indwiduals
that may fjave arrears.
To secure new fijnding streams across the counties of Norfolk, SuffolK Cambridgeshire, Rulland and further
to assist, where possible, our beneficiaries to a(￿esS our service at reduced rates.
To monitor the progress of launching a new Wheels 2 Work scheme in Lincolnshire Galled Kickslart
Lincolnshire, managed by IfjcKStart Norfolk and based in Lin￿1n. Lincolnshire County Council has accepted
that there is a need for a scheme which n(Iw awaTts the allocation of the funds ne￿$Sary to enable il lo be
launched.
To sustain and improve moped issues by".
continuing Dur strategic working tElatiollship wilh Norfolk County Council which incl¢Jdes a focus on
education and the leaving care teams".
conlinding our work with Job Cenlte Plus to get the unemployed into work,.
growing our area of coverage across Cambridgeshire, Pelethrough, Suffolk, Rulland and futher afield,.
supporting national wheels to Work ew2WUKI-
eclucating our riders on the benefits of electric mopedlscooter use.
Page 5

KICKSTART NORFOLK
IA company limited by guarantee)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future periods Icontinuedl
We will also continue to improve the way we worL This will involve, amongst other things..
maintaining our policy of reducing the number of riders who default on their payments.,
nurturing our staff to ensure we are furthenng their careers and growing experieneed employees fDr
Kickslart.,
improving our operational management data to better aid our decision maknng.
The charity maintained a steady level of rider numbers throughout the 2023-24 year de5Plte the challenges
facing riders because of the national (x)stryof-INing situation.
The Charity's reputation is strong, our charges to tiders are competitive and our business model is robust and
geared lo delivellng a service that meets the needs of our customers. Over the years schemes like ours have
been established in other parts of the country but have not lasted. TrQckstart continues to thrive, and this has not
gone unnoticed within the Department for Transport IDFf), Motorcycle Industry Association {MCIAI, National
Wheel$ 2 Work UKand beyontj.
Objectives and a¢tivlties
Policies and objectives
The charitable company's objectives during the year covered by this report were..
The prevenbon or relief of poverty by Ihe provision of grants. items, equipment and services to individuals in
need andlor to charitt.es or other organisations working lo prevent or relieve poverty.
The relief of unemployment for the public benefft of persons who are unernployed or are in low paid work
and who are reslricled by transport limitsbons Prin￿pallY by the provision of mopeds or other iwo-wheeled
vehicles on such ter￿1$ as the Council may deude to facilitate access lo and the use of WO￿ opportunities or
alterrialive work opportunib'es andlor training which is like￿ to to work opportunities or alternative work
opportunib"es.
To promote social inclusion for the public benefft by prevents.ng people from becoming socially excluded,
relieving the needs of people who are socially exduded. and assisting them to Integrate into so¢iely
principally, but not exclusively, by relieving people who are socially exclJded through low or no income and
who have responsibilities for the care of a famity member by providing mopeds or other tW0￿heeled
vehicles to facilitate access to education andlor training and to social exchange to develop OPFK)rtunrties for
inlegrab'on into sooety andlor work
The main activities for the per.'od continued to focus upon the hire of mopeds lo unemployed people moving into
employment, individuals in low paid work, 16-1￿Year-oldS axendino further eaucalion, persons making the
transition from leaving care to independent living and the ¢onvetsion of the petrol 50cc fleet to electric.
Other acts'vilies included the Infomialion Advi￿ & Guidan￿ support work to individuals furthest from the labour
marKet under the Brecrtlsnd Mobile Food StOTe scheme, the delivery of fresh, affordable and free food lo those
members ol the Breckland Mobile Food store.
b. Public Benefit
In setting objectives and planning for ath"vilies. the Directors have given due consideration to general guidan
published by the Charity Commission relating lo public benefit. induding the guidan￿ 'Public benefit.. running a
charity (PB21.
Page 6

KICKSTART NORFOLK
A company Ilmited by guarantee)
TRUSTEES. REPORT {coKfiNUED}
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and perforn)ance
a. Review of actlvities
2023-24 continued to be a challenging year for Kickstart as we and our clients were hil with the CDStryof4iving
crisis, due lo the continuing rise in ￿e1 prices and household bills. The number of riders on average on the
scheme increased slightly throughout the year. The number of bikes on the road during the year ranged from
255 - 286 Icl 202213: 236 - 2881. The number of bikes on the road at the end of the 202>24 financial year was
266 {ct 260 al the end of 2022131.
lfjckstart continued lo benefit from the fiexbility, c04)peration and loyalty of our staff in facilitating the effective
operation of the eharty.
During 2023124 we started 262 new moped hires, compared to 319 in 2022-23, a decrease of 57117.80A). We
have also seen 59 repeat reluming riders in addibon to the 262 making a total of 321 riders assisted in 2023-24
Icf 363 in 2022131
Applications to access the scheme in 2023-24 were 546 compared to 475 in 2022-23
an increase of 71
114.9 101. The conversion rate of applications lo hires decreased from 67.160/£ in 2022-23 10 47.99Q/o in 2023-24.
We have re￿1Ve￿ more applications this year Compared to las:. year. however some of the applicants have not
been ready lo start the scheme due lo being unemployed and with no job offer. Our Partnership Officer has been
able lo allend more Job Fairs arranged by the Job Centre Plus which has seen the applications increase.
sin￿ 2001, Kickslart has helped over 10,062 people with transport to enable them to access employment,
search for emoloyment: attènd training or education. Sli9htty over 14 % of our applicants in 20234 were fetnale.
This is a similar percentage to 2022-23 bul bwer than 14 some previous years. We w511 continue to monitor and
promote our serviTrs to female applicants. 110h of applicants are from ethnic minorities, which is also a similar
per￿ntage lo that in 2022-3. We wll continue to monitor and promote our services to ethnic minoritie5 10
encourage more users to the scheme.
Kickslart Norfolk continues to operate some grant support (see the Financial Review secb'onl. The Council
seeks to keep hire charges as low as p05sible_ The nire fees for the period 1 April 2023 10 31 August 2023 were
£37.50 per week for a 50cc moped and £47.50 per week':or a 11 moped. Fees rose from 1 September 2023
to £39.50 perweekfor 8 50cc moped and £49.50 for 110ec mopeds.
Due lo continuing rises in overhead and fleet costs, we had to increase these fees again as of 1 April 2024 to
£42 per week for the 50cc moped and £52 per week for the 110cc model. lo enable us to cover 2024-5 budgeted
operati'ng Costs and continue a modest fleet renewal programme. We were ab￿ to continue until January 2024
our reduced hi.'e for the electric mopeds at £22.50 per weeK for the first Ihree-monlh period and then steadily
increase the fee over the following three rnonths to the nom)al cost of £39.50. This eoncession was possible
because the electric bikes had been pirchased from grants received in January 2022.
With the funding from Norfolk County Council secured al the end of Financial Year 2020-21 fDr 3 years the
Trustees agreed ID continue the SLJbsidised scheme for Apprenb"ces in the 2023-24 Financial Year.
Page 7

KICKSTART NORFOLK
IA company limitgd by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Achlevements and performance (eontInu￿)
Kickslart continued to run an MOT lesling ststion for Class 1 and 2 vehicles. During the year we completed 375
MOTS, against 606 from the previous year: a 38 % dec￿aSe. The main reason for the large decrease in MOTS
conducted was the loss of business from SCOOTS Hire Ltd. Of the 375 MOTS Conducted in 20234, 203 were
Kickslart's own bikes and 172 from the publie. The MOT test'ng station continues to be a costeffective initiative
and we will continue to promote the serviTr to maintain, and potentially increase, the number of tests in the
fubjre.
Our insurance claims and rider accident rates ￿ntinUed at a k)w ￿ve1. and al renewal of our insuranTr in
November 2023 we had a slight decrease in the premium as we went out to the market and secured a better
deal. We continue to work with motorcycle trainets and our clients to improve the riding training ol our riders, with
regular updates from Kickstart throughout the year about safe riding and riding in adverse tsonditions.
The achievements and perfomance described above accord with ffjckslart's current and fvture objectives.
Kickslart achieved self-sustainabilty in 2013 and this continued throughout the 202>24 reporting peiiod.
b. Success with partners
The Norfolk County Council leaving care scheme continued in 2023-24, resulting in us supporting 43 individuals
in securing and maintaining employment attending frraining and education. and improving their social skills.
Norfolk County Council POST-16 education scheme also enabled us to support 2 individuals lo allend further
edurAtion.
Kickslart ¢onlir)ued running the Breckland Mobile Food Store in 2023-24, delivering the advits and guidance
work carried ou'i under the former Tripstart scheme. whilst also visiting villages lo supply fresh affordable, and
some free, foDd lo the members joining the scheme. The scheme, which was funded in 2022-3 by Norfolk
County Council, Bre¢kland District Council. POULTEC and Norfolk Community Foundation. proved very popular
and had over 580 members across 16 parish locabons. Sadly, due to funding constraints, il came to an end on
31 March 2024. Thanks go to Norfolk Community Foundation and BreGWand District Council for continuing to
finance the scheme lo 31 March 2024.
The Food Store scheme has supported 1,041 adults and 1.003 dependents under the age of 18. 611 of the
adults were female and 430 male, 1,031 Brilish and 10 non-British. 242 of the adults were registered disabled,
131 single, 247 Married and the remainder spread across civil partne￿hlp. divorced, separated or widowed. The
employment slalus varied across the household members with 214 retired. 157 employed, 33 self-employed and
176 unemployed. We have E)een able to give infom￿170n. advi￿ and guidan￿ over 1.600 lime5, referring 681
persons lo rnulti agencies. We issued 55 crisis packs, 139 household support funds and 80 utility support funds.
Over £19,500 in free fruit, vegetables and stock was distributed to Support member5 of the schetne plu5 £7,000
from the Norfolk Household Support fund and £20,000 in utility support grants. The service has provided vital
help and support throughout this 20234 year and it was a shame that it had lo come to an end.
Kickslarvs electric moped fleet numbers are 19 and an average of 16 have been out on loan over the year.
Concessionary fee rates have been agreed to encourage tsk*up of the electric bikes which do reauire riders lo
plan their jOUTneys with greater care due to range limitstions and to factOT in charging lime. The transition lo
electric mopeds is something we a.: e commitied lo. We will conb.nue to promote their use and, over time, replace
more of the petrol fleet with electrtc models
Page 8

KICKSTART NORFOLK
(A cornpany limited by guaranleel
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and perforniance Icontinuedl
c. OUT impact on rlders. lives
It is important for readers of this rèport lo appreciate the wider benefits reSu￿1[￿g from our work. An independent
research study condu'cted by ERS Researth and Consultancy shows schemes like ours bring many benefits and
provide good value for money. The study shows that every £1 subsidy Invested in a Wheels 2 Work scheme
creates £6.39 of e￿noMiC benefit
We do this by reducing both unemployment benefits and housing support and by helping people access work.
We help improve riders, lour beneficiaries) self*steem, confidence, well-being and social inclusion, road safety
and wark skn'lls,. and we help them acTrss better work OPFMlrtunities. Our work helps bolster thè sustainability of
rural communities by redLEcing the pressure on people to move away lo get lo work. By slaying in the local area,
our beneficiaries support the local economy and help counter the demographic changes 8sso¢ialed with an
ageing rural population. They also help businesses have a wder pool of local people to draw on for their
wotlfforce,
d. National success
Kickslart Norfolk remains the largest Wheels 2 Work charity in the county and is self-suslainable. The Kickstart
Manager (Dalè Curtis) continues as a Director of National Wheel$ 2 Work UK. He also continues to give
guidance lo other schemes within the Wheels 2 Work network who are slrwing lo become sustainable and to
other interested parties wanb.ng to set up Wheels 2 Work sthemes.
Financial review
a. Golng concem
After making 2ppropriate enquiries, the Tnjstees have a reasonable expectation that Kickslart Norfolk has
adequate resour￿9 to cor.tinue in operational existen￿ for the foreseeable future. For thig reason, they
continue to adopt the going concem basis in preparing the finanual statements.
b. Rgserves policy
Kickstart has total funds of £453,242 all of wb.ich are unrestricted funds. Included within unrestricted funds are
designated funds tolalling £308,206 12023.. £316:9091. Free reserves. defined as general unrtsstricled funds
amounted lo £145,03612023.' £106. 785).
The Council has examined the charitable CoMpan￿S requirements for reserves in light of the main risks to the
organisation. the continued recovery from COVID-19 situats.on aio the cosl-of4iving crisis. The Council has
established a reserves policy whiGh 15 to retain 8 cash sum of al least £100,OQO tsf un¢ommitted and unrestricted
funds in savings accounts.
The Council has agreed lo consider the extent to which activities should be curtailed lo accord with thè rèseNes
policy as and when the issues arise. but ils guiding princ#ple will be in favour of protecting activities that promote
self-suslainability of the charity and its objects.
The Council has a high-level contingency plan should the need for significant downsizing or closure arise- it also
has a mechanism in place to trigger the ne￿&Sary discussior.s shoJld we need to use the £100,DOO reserve
fund.
Page 9

KICKSTART NORFOLK
IA company limitod by guarantee}
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
c. Materlal in¥estrnents policy
Aside from retaining a prudent amount in reserves, m05t of the charptable companls funds are expended each
year. Having considered the options available. the Coun￿1 has decided to spread risk by deposrting the cash that
it has avai18ble in..
One immediate access cu￿ent accourkts yielding 0.1 % interest.
One immediate access deposit account welding 1.5SO/o from Scottish Windows.
One 95-day Nob'ce ac¢ounl yielding 4.25¢k. from NATWEST.
One 1 Year Charity Bond account yielding 5.230A from United Trust Ban
As general interest rates on saMngs accounls have increased during the latter part of 2023-24 the Council will
review (cs investments lo secure good rates of retum consistent Wtih the protection of its capital bjnds.
d. The past year
We continue as a self-sustaining model of operation. We continue to review what we are trying to do, what is the
best way to do it and what sustainable income streams are ne￿Ssary.
Working relationships with work pr(￿raMme piovidets continued, induding the grants and contracts noted above
in the section 's￿￿ess with Partners. ie
The Norfolk County Council Travel and Transport grant secured until March 2024 land subsequently
renewed to 20271.
The Breckland Mobile Food Store which started on 1 Apnl 2022 was fvnded through until 31 March 2024.
The Kicks12rt Electric Moped conversion.
The initial budget for 2023-24 projected a very small sU￿lUS of £1,316. This budget had a provision for
renewal of the fleet bikes every other month, however, wtri cash flow throughout the year better than
expected, we were able to purchase more mopeds than budgeted lo help with the fleet renewal. The actual
surplus on the year was £25,548.
Page 10

KICKSTART NORFOLK
{A company limited by guaranleel
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
e. The year ahead
Our budget plan foT 2024-25 is for a de￿ease in our reserves of £9 932 after provision for some fleet renewal.
The budget will be monitored throughout the year and revisited if required. It is planned thal we will strive to
achieve slightly more rider numbers this year which Should then help lo push towards pr&£OVID rider numbers
at a point in the year. By 31 March 2025 we expect our reserves lo be lower than in some previous years bul
nevertheless at an acceptable level gwen the purposes for which reserves are held and the proven robustness of
our business model.
Grants and contracts in the year ahead..
Only one general grant remains for 2024-25 wth local councils.. that is for £17,226 with Norfolk County
Council Passer,ger Transport Group (secured through until 20271
Service level agreements to provide support for FK>St-16 education and leaving care with Norfolk County
Council remain, hopefully, realising about £63,515 in 202￿25.
We still have an agreement with Job Centre Plus to help fvnd the upfront costs of getting the unemployed
onto a moped,. ￿ndIng around £419 per individual.
We will continue lo seek grants for one-off purchase inib'ab'ves for which we require fvndiig, such as moped
purchases and new user group projects etc.
We have the proposal with Lincolnshire County Council for a 100 bike Kickstart scheme which has been
accepted as a requ:.remenl in the county. However. the fundina needs lo be secured by them for this to be
launched. We are hopeful that this will start wthin the 2024-5 finanaal year.
We intend to seek more fvnding from previous and new funders to conts'nue wrth the electric fleet renewal
programme,
Statement of Trustees. responsibilities
The Trustees {who are also the directors of the Company for the purFX)ses of company lawl are responsible for
preparing the Trustees, report and the financial staternents in accordance with applicable law and United
Kingdom Accounting Standards (Unrted ￿"ngdoM Generally A￿pted Accounting Practice)
CoTllpany law requires the Trustees to prepare finanaal statements for each financial . Under company law, the
Trustees must not approve the financial statements unless they ale satisfied that they give a true and fair view of
the state of affairs of the Company and of tis incom.-ng resources and application of resources, including its
income and expenaiture, for that period. In preparing these financial slalements. the Trustees arè required to..
select suitable accounting policies and then apply them consi5tenlly,'
observe the methods and prip.Thples of the C￿arItieS SORP {FRS 1021".
make judgments and accounting eslimates thai are reasonable and. prudent",
slate whether applicable UK Accounting S:.andards IFRS 102) have been followed, subjeol to any material
departures disclosed and explained in tiie fir.ancial statements",
prepare the financial sialemenls on the going concem basis unless it 15 inappropriate to presume that the
Gompany will continue in business.
Page11

KICKSTART NORFOLK
(A company Ilmlted by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
ststement of Trustèes. responslbllitles {CONTINUED)
Th8 Trustees are responsible ftsr keeping adequate accounting re¢oTds that are sufficient to show and explain
the Company's transactions and disdose with reasonable accuracy at any lime the finan￿31 position of the
Company and enable them lo ensure that the finanual statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the Company and h.ence for taking reasonable steps for the
prevention and delecb.on of fraud and other Irregularitses.
Approved by order of the members of the board of Trustees and signed on their behalf by..
A R Jones
Chairman and Treasurer
Date: 15 Juty 2024
Page12

KICKSTART NORFOLK
{A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent ExamIn•￿$ Report to the Trustees of Kickstart Norfolk Ilhe Company'l
I report to the charity Tnjslees on my examination of the acwunts of the Company for the year ended 31 March
2024.
Responsibillties and Basis of Report
As the Trustees of the Company {and ils directors for the purposes of company lawl you are responsible for the
preparation of th& accounts in accordance wth the requirements of the Companies Act 20061.the 20D6 Acl'l.
Having satisfied myself that the a¢count5 of the Company are not required lo be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of the Company's
accounts ￿rrIed out under section 145 of the Chaities Act 2011 I'the 2011 Act'l. In carying out my examination
I have followed the Direcb'ons given by the Charity Commission under section 14515llb} of the 2011 Act.
Independent Examinerfs Stalement
sin￿ the Company's gross income exceeded £250.000 your examiner must be a member tsf a body listed in
se¢lion 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination I confimi that no matters have come to my attenb'on in connection with the
examination giving me cause lo believe..
accounb.ng records were not kept in respect of the Company 8s required by section 386 of the 2006 Act,,
or
the accounts do not accord with those records", or
the accounts do not comply w(th the ac(x)unling requirements of section 396 of the 200e Act other than
any requirement that the accounts gNe a 'lrue ar,d fair, view which is not a matter considered as part of
an independent examination," or
the accounis have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practi￿ for accounting and reporting by charrties applicable lo charities preparing their
accounts in accordance wlh the Financial RepoTb"ng Standard applicable in the UK {FRS 1021.
I have no concems and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the awounts to be reached.
Page 13

KICKSTART NORFOLK
IA company limited by guaranleel
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
This report is made solely lo the Company's Trustees, as a body, In accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stale lo the Company's
Trustees those niallers l am required to slate to them in an independent examiner's report and lor no other
purpose. To the lullesl exlenl permilled by law, I do not accept or assume responsibility lo anyone other than the
Company and the Company's Trustees as a body, for my work or lor this report.
Signed.
Frank Shippam Bsc FCA DChA
MA Partners Audit LLP
Chartered Accounlanls
7 The Close
Norwich
Norfolk
NR14DJ
Dated. 15 July 2024
Page 14

KICKSTART NORFOLK
IA company limlted by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPEND￿uRE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Income from:
Donations ané legacies
Charitable activib'es
Other trading activities
Investments
19.187.
$89.522
63,304
1.018
96,187
589.522
63,304
1,018
118,892
552,399
43, 629
280
Total income
77,000
673,031
750,031
715,200
Expenditure on:
Raising funds
Charitable activities
40.519
602,964
40,519
683.964
26,553
733, 639
81,000
Total expendlture
81,000
643,483
724,483
760, 792
Net movemgnt In funds
(4,0001
29,548
25,548
(44,992)
R￿on¢ll1at10n of funds:
Total fvnds brought forward
Net movement in funds
4.000
{4,000}
423.694
29,548
427.694
25,$48
472, 686
(44,992)
Total funds carried forward
453.242
453,242
427,694
The Statement of Financial Athities indudes all gains and losses rewgnised in the year.
The notes on pages 19 10 37 fomi part of She5e financial statements.
Page 15

KICKSTART NORFOLK
(A company limited by guarantee)
REGISTERED NUMBER: 04873541
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Ftxed assgts
Tangible assets
14
269.235
261,703
269,235
261,703
Current assets
Stocks
Debtors
Investrnents
Cash at bank and in hand
15
16
17
69,293
30.850
25.000
106,774
44,649
66,079
131.480
231.917
242,208
Creditors.. amounts falling due within one
year
18
147,9101
(72,537)
N8t current assets
184.007
169,611
Total assots less current liabiliiles
453,242
431,374
Creditors.. amounts falling due after more
than one year
19
(3,680)
Total nel assets
453.242
427,694
Charity funds
Restricted funds
Unreslricled fvnds
21
4,000
423,694
21
453,242
Total funds
453,242
427,694
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying wrth the requirements of the Act with respect to
accounting records and preparation of financial slalernents.
Page 16

KICKSTART NORFOLK
(A ¢ompany limited by guarantee)
REGISTERED NUMBER: 04873541
BALANCE SHEEf ICONTINUEDI
AS AT 31 MARCH 2024
The financial statements have been prepared in accordance wrth the provisions applicable to entities subje¢l to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
A R Jones
Chairman and Treasurer
Dale.. 15 July 2024
The notes on pages 19 to 37 fomi part of these finanaal statements.
P8ge 17

KICKSTART NORFOLK
IA company Ilmlted by guarnntee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flov￿ from operating activities
Nel cash used in operating activities
66,072
25,392
Cash flows from investing aetivlties
Dividends. interests and rents from investments
Proceeds from the Sa￿ of tangible fixed assets
Purchase of tangible fixed assets
Purchase of investrnents
1.018
280
17,774
28,919
173,529) (705,297)
(25,000)
Net cash used in inv8sting activitles
{79,7371
(76,098}
Cash flows from financlng activities
New finance leases
Repayments of finance leases
22,082
(7,361)
111,0411
Net Cash lused In)Iprovided by linancing activities
111,0411
14,721
Change in cash and cash equlvalents in the year
Cash and cash equivalents at the teginning of the year
124,7061
131,480
{35,9851
167,465
Cash and cash gquivalents at the end ofthe year
106.774
131,480
The notes on pages 19 10 37 form pari of these financial statements
Page 18

KICKSTART NORFOLK
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General Infomiation
Kickslart Norfolk is a company limtted by guarantee and registered in England and Wales. The Members
of the company are the Trustees named on paae 1. In the event of the company being wound up, the
liabilty in respect of the guarantee is limited to £1 per Member of the company.
Accounting policies
2.1 8a$ls of preparatlon of financial stalements
The financial statements have been prepared in accordance wrth the Charities SORP IFRS 1021
Accounting and Reporbng by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wth the Financial Reporlino Standard applicable in the UK
IFRS 1021 (effective 1 JanLJary 2019), the Financial Reporting Stsndard applicable in the UK IFRS
102} and the Companies Act 2006.
ckslart Norfolk meets the def,nition of a public benefft entity under FRS 102. Assets and liabilities
are initially recognised al historical cost or transaction value unless otherwise stated in the relevant
acwunting policy.
2.2 Going concèrn
In assessing the appropriateness of the going concem assurnption, the Trustees have reviewed
budgets and assessed the level of funds expected to be held in the 12 months from approving these
financial slatemenls. The Trustees are satisfi'ed that the company will be able lo meet its liabilities as
they fall due and have therebfft concluded that il is appropriate for the finan￿al statements to be
prepared on the going concem basis.
2.3 Income
A]1 income is recognised once the Company ￿.85 enlitlemenl to the income, tt is probable that the
income will be re￿1Ve￿ and ihe amount of income rece'.vable can be measured reliably.
Grants are included in the statement of financial ath"vtiTes on a r￿1Vable basis. The balance of
income received for specific purposes bul not expended durin.g the period is shown in the relevant
funds on the balan￿ sheet. Where income is re￿IVed in advan￿ of enlitlemenl of re￿ipl, ils
recognit'on Is deferred and included in credrtors as deferred income. Where ents'tiemenl occurs
before income is received. the income is accrued.
2.4 Expenditurg
Expenditure is recognised once there is a legal or constpJctTve obligation to transfer economic benefit
lo a third paty, il is probable that a transier of economic benefits will be required in selllemenl and
the amount of the obligation can be measured reliably.
Expenditure on charitable activities is incurred on directty undertaking the acb"vilies which fvjrther the
Companls objectives. as well as any associated support costs.
l expenditure is inclusNe of iThecoverable VAT.
Page 19

KICKSTART NORFOLK
IA company limited ty guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollclos (continu￿>
2￿ Interest rgcetvabl•
Interest on funds held on deposit is inctuded when receivable and the amount can be Tneasured
reliabty by the Company.. this is norrv.ally upon nolith"cation of the inleresl paid or payable by the
insts.lulion with whom the funds are depostted.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets are initialty recognised at cost After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accLJmulated impairment
losses. All costs incurred to bring a tsngible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as lo allocate the cost of tangible fixed assets les5 their residual value
ovèr their est'maled useful lives, using the straight-line method.
Depreciation is provided on the following bases..
Plant and machinery
Motor vehicles
Fixtures and fittings
S years StraIg￿.t line
5 years straight line
3 years straight line
2.7 stocks
Stod(s are valued at the lower of cost and nel realisable value after making due allowance for
obsolete and slow-moving stocks. Cost inclJdes all direct costs and an appropriate proportion ol fixed
and vallabEe overheads.
2J Debtors
Trade and other debtors are recognised al the se￿ement amount after any trade discDunl offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-tem highly liquid irivestments with a short maturity
of triree rnonlhs or less from the dale of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabililies are recognised when there is an obligob'on at the balance sheet d8te as a result of a past
event, it Is probable that a transfer of econorr,ic beneft will be required in settlement, and the amount
of l.ie settlement can be eslimaied reliabty.
Liabilities are recognised at the amount that the Company anticipates il will pay to settle the debt or
the amount it has received as advanced payments for the goods or services il must provide.
Page 20

KICKSTART NORFOLK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.11 Financial instruments
The Company only has financial assets and finanaal liabilities of a kind that qualify as basic financial
instruments. Basic finanaal instruments a'.e initially recognised al transaction value and subsequently
measured at their settlement value wth the eX￿PIlon of bank loans which are subsequently
measured at amorb'sed cost using the effective interest method.
2.12 Financo leases and hlre purchase
Assets obtained under hire purchase contscts and finance leases are capitalised as tangible fixed
assets. Assets acquired by finance le85e are depreciated over the shorter of the lease term and their
useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases
arè those where subslants.ally all of the benefits and risks of ownership are assumed by the
Company. Obligations under such agreements are inctuded in creditors, nel of the finance charge
allocated lo future periods. The finance element of the rental paymenl is charged lo the statement of
rinancial activities so as to produce a conS.￿nt periodic rate of charge on the nel obligation
outstanding in each period.
2.13 Pensions
The Company opeffjtes a defined cor7tr"bution pension scheme and the pension charge represents
the amounts payable by the Company lo the ttlnd in respect of the year.
2.14 Fund accounting
General funds afft unrestricted funds wh￿h are available for use al the discretion of the Trustees in
furtheran￿ of the general objectives of the Company and which have not been designated for other
purposes.
Designated funds compnse unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is sel out in the notes to the financial
stalemenls.
Restricted ￿ndS are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged agaipst the speThfic fvnd. The aim and use of each restricted
fund is sel out in the notes to the financial sl*ements.
Page 21

KICKSTART NORFOLK
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CrltScal accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and othèr
factors, including expectations of future events that are believed to b8 ￿asOnable under the
cinumslances.
Critical accounting estimates and assumptions..
The Company makes estsmales and assumptions conceming the fvture. The resulting accounting
estimates and assumpttons will, by definitron, seldom equal the related actual results. The estimates and
assumptions that have a significan: risk of causing a material adjuslmenl lo the carrwng amounts of
assets and liabilities within the next financial year are discussed below.
Critical areas of judgment.
1} Useful economic lives of tangible fixed assets
The Trustees set depreciation rales for depreryable assets based on an estimation of their useful lives and
residual value.
2) Bad debt provlslon
The Trustees have made a provision for trade debtors which are not deemed lo be recoverable. The
851imation is based on a review of amounts which were overdue for payment at the balance sheet date.
Income from subsidis8d and other funding
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Grant$
NCF Food Bus
75.000
75,000
2,000
18,662
68, 792
28,285
17,226
NCF Other
2,000
NCC PTS
18.662
BDC Green Community
Tripstart
other
525
525
4,569
Total 2024
77,000
19,187
96.187
118,892
Total 2023
101.392
#7,500
118,892
Page 22

KICKSTART NORFOLK
{A company limited by guardntgel
NOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitable actlvlties
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Rider contributions
Moped insurance claims and repairs
Service Level Agreernent income
Miscellaneous
Food bus
499,674
28,946
35,632
582
499,674
28.946
3S,632
582
24.688
475,837
13,311
34, 702
5,151
23,398
24,688
Total 2024
589,522
589,522
552.399
rotal 2023
552,399
552,399
Income from other trading aclivitie8
Income from non charitable trading a¢tivities
Unrestricted
funds
2024
Total
fLEnds
2024
Total
funds
2023
Sale of safety equipment and rnoped parts
MOT income
59,787
3,517
59.787
3,517
36,014
7.615
Total 2024
63,304
63,304
43,629
Total 2023
43,629
43,629
Page 23

KICKSTART NORFOLK
(A company Ilmited by guarantoel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Investment income
Unrestricted
funds
2024
Total
lunds
2024
Total
funds
2023
Bank interest receivable
1,018
1,018
280
Total 2023
280
280
Expenditure on raising funds
other trading expenses
Unrestricted
funds
2024
Total
funds
2024
Total
f(Jnds
2023
Costs of safety equipment and moped parts
40,519
40,519
26, 553
Total 2023
26,553
26.553
Analysis of expenditure on charltable aetlvlties
Summary by fund type
Restricted Unrestricted
funds
fvnds
2024
2024
Total
2024
Total
2023
Charitable act5vilies
81,000
602,964
683,964
733,639
Tot812023
106,842
626,797
733, 639
Page 24

KICKSTART NORFOLK
(A company limited by guaranleel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
l O. Anolysis of expenditure by actlvities
Activities
undertaken
directty
2024
Support
costs
2024
Total
funds
2024
Total
funds
2023
Charitable act￿l￿'e5
558,620
125,344
683.964
733,639
Tolal 2023
623,716
109.923
733,639
Analy$is of direct costs
Total
funds
2024
Total
funds
2023
Staff costs
Vehide insurance
283,659
142.230
55,366
41,981
33,076
9,527
77
285,336
134,658
60, 824
71, 623
52,174
9,322
3,846
500
5,433
Depre¢ialion
Repai￿ and seNicing to vehicles
Food bus
Vehicle licences
IProfll l Loss on disposal of assets
Recruitment and lfftining
Loss on disposal of assets
17,296)
558,620
623, 716
Page 25

KICKSTART NORFOLK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. Anatysi5 of expenditure by activities (continued)
Analysis of support costs
Total
funds
2024
Total
funds
2023
Bad debts
Rent and insurance
Office, slalionery and IT
Bank charges
Travel
47.325
20,IM4
10,676
10.887
7,682
35,453
76,722
14,448
7f,789
3,081
F il
Light and heat
Governan￿ costs
Telephone and postage
Publicity
Repairs snd renewals
Sundry
Subscriptions
Depreciabon
Professional fees
7,386
5.904
4,635
4,074
3,208
1,761
1,480
153
149
6,510
9,243
4,889
4,994
3,733
125
(1,217)
153
125,344
109,923
11.
Independent examinerfs remuneration
2024
2023
Fees payable to the Companys independent examiner ftir the independent
examination of the Company's annual accounts
3,300
6,000
Page 26

KICKSTART NORFOLK
{A company Ilrnlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12. Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
248,672
20,036
14.951
248,640
21,095
15, 601
283,659
285,336
The 8verage number of persons employed by the Company during the year was as follows..
2024
2023
No.
Employees
10
No employee weived remuneration amounting lo [￿re than £60,000 in either year.
The Company's key management personnel comprise the Trustees and the Project Manager. The total
employment benefits of key managernent personnel were £50,76312023.' £48.871 }.
13. Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other beneffts (2023- £NIL)-
During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- £NILJ.
Page 27

KICKSTART NORFOLK
{A company limited by guarantee)
NOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14.
Tangible fixed assets
Plant and
machinery
Motor Fixtures and
vehicles
fittings
Total
Cost or valuation
Al 1 April 2023
Additions
Disposals
456.920
73,529
140.508)
49.817
27,274
534,011
73,529
140,508)
Al 31 March 2024
489.941
49.817
27.274
567,032
Dgpreciation
Al 1 April 2023
Charge for the year
On disposals
227,800
49.699
(30,030)
17,476
5,667
27,032
153
272,308
55.519
130,0301
Al 31 March 2024
247.469
23,143
27,185
297,797
Net book value
Al 31 March 2024
242.472
26,674
89
269,235
At 31 ma￿ 2023
229, 120
32.341
242
261, 703
stocks
2024
2023
Safety equipment and moped parts
69.293
44.649
Page 28

KICKSTART NORFOLK
IA company limiled by guarantse}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Debtors
2024
2023
Due within one year
Trade debtors
Prepayments and accrued income
23,355
7,495
57,073
9,006
30,850
66,079
17.
Current asset Investments
2024
2023
Term deposit
25,000
Current asset investments comprises a 1 year fixed temi bank bond redeemable after more than 3
months ènd therefore not meeting the definition of cash and cash equivalents.
18.
Creditors- Amounts falling due within one year
2024
2023
Trade creditors
other taxation and social secunty
Obligations under finance lease and hire purchase contracts
Pension fund loan payable
other creditors
2,276
34,238
3,680
2,304
180
5,232
15,057
35,611
11,041
2,299
180
8,349
A￿rual5 and deferred inwme
47,910
72,537
19.
Creditors: Amounts falling due after more than one year
2024
2023
Net obligations under finance lease and hire purchase contracts
3,680
Page 29

KICKSTART NORFOLK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
20.
Financlal instruments
2024
2023
Financial as$9ts
Finanaal assets measured at fair value through income and expenditure
131.774
131,480
Financial assets measured at fair value through income and expenditure comprise cash and cash
equivalents.
Page 30

KICKSTART NORFOLK
{A company Ilmited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
21. Statomènt ol lunds
statoment of funds - Current ygar
Balance at
31 Mar¢h
2024
Balance at 1
April 2023
Transfers
Inloul
In¢omfj Expgnditure
Unrestricted funds
Designated funds
Lease cornmilments
Capital
55,206
261,703
116,2351
63,051
38,971
269.235
155,519
316,909
1SS.519}
46,816
308,206
General funds
General Funds
106.785
673.031
{587,9641
(46,8161
145.036
Total Unrestricted funds
423.694
673,031
1643A831
453,242
Restricted funds
Bre¢kland Mobile Food Store
NCF Norfolk Household
Support
NCF Nourishing Norfolk
141)001
2.000
75,01)0
(2,0001
175.0001
4.000
77,000
{81,0001
Total of funds
427,694
750.031
(724.4831
453.242
Page 31

KICKSTART NORFOLK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
21. Statement of funds (continued}
Statement of fund8 - prior year
Balance al
31 March
2023
Balance at
l Apn"12022
TTrnsferJ
in/out
Income Expendilure
Unrestrlcted funds
Designated funds
Lease commitments
45,083
251,735
10,123
70,945
55.206
Capital
(60,977)
261,703
296,818
(60,977)
81,068
376,909
Goneral funds
General Funds
171.918
613,808
(592.373)
(86,568)
106, 785
Total Unrestricted funds
468, 736
613.808
(653.350)
(5,500)
423,694
Page 32

KICKSTART NORFOLK
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
21. Statement of funds Icontlnued)
Balance 8t
31 March
2023
Balance at
l Apnl 2022
rransf9rs
in/oul
Income Expenditure
Rostricted funds
Brèckland Mobile Food Store
Building Beller Opportunities
NCF Norfolk Household
Support
Tripslart
NCF Surviving the Covid
Winter
NCF Nourishing Norfolk
Pathways 50+
Sainsburys helping everyone
eat better
68,792
7.365
(64. T92)
(7.365)
4,000
3.950
21, 100
(5,500)
(25,050)
(1,000)
(6, 185)
(1,950)
6,185
1,950
500
(500J
3.950
101,392
(106,842)
5,500
4,000
Total of funds
472,686
715.200
(760. 192)
427,694
Page 33

KICKSTART NORFOLK
IA ¢ompany Ilmlted by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
21. Statement of funds (contlnuedl
Reslricled funds for capital expenditure are gtven for the purpose of acquiring capital assets. On
acquired, the resth"ction has been fiJlfi"Iled and the iesulb.ng asset is transferod lo the capital designated
fund unless there is a directive from the donor to the contrary.
The Breckland Mobile Food Store IBMFSI is a fiK)d bus sel to visrt 14 parishes within the B￿Ckla￿d
District Council area to offer a mobile food store with both free and reduced cost of food to those parishes
that are restricted in access lo shops, to support families on low income and further lo this support grow
additional services such as other lnfornats.on Advice and Guidance support.
The Better Building OpportUn￿e5 fund relates to grants received to assist the lead partner, The
Consultancy Home Counties, over a three-year period to move individuals that are furthest away from the
labour market along the path towards and into employment This fund has been extended to March 2023.
The NCF Norfolk Household Support fvnd is a fund which will enable the charity lo help individu31s that
are accessing thè BMFS and enable them to have up lo a £50 voucher per household lo use on the
BMFS which will ao some way to assist with rising tood costs.
Breckland Tripstart Minibus Scheme IYripstarY'I is a scheme funded by the New Anglia Local Enterprise
Partnersnip, Breckland District Counctl, The Department for Work and Pensions and Kickstart. It is
designed to worf( in the Breckland District Council are? of Norfolk wth individuals that are frjrthesl from
the labour market and that require infomiats"on, advice and guidan￿ lo assist in their move Closer lo the
labour tnarkel.
NCF Sutviving the Covid Winter is a fvnd that was secured via Norfolk Comrnunity Foundation and
formed part of the Norfolk Household Support fund to help with facilitating the Norfolk Household Support
Fund which was to asslst any of our membets of the B[ec￿and Mobile Food Store with assistance over
the winter period with utilty bills and f(xid assistan￿.
NCF Nourishing Norfolk was secured via Norfolk Community Foundation to a55iSt with staff costing for
the Breckland Mobile Food Store, as the mernbership of the scheme was growing and the workload
', èquired to run the Breckland Mobile Food Store built up, a third person to asslst in adminislrab.ng the
stheme was required: the fund was sort and secured and funded a part lime administrator lo assist in the
smooth runnirg of the scheme.
Pathways 50+ supports employing staff from across all age groups and this fund w2S Sort from Pathways
50+ lo assist in staffing costs for the employment of a staff member over the age of 50, who continues to
be employed by lfjckstart via the Breckland Mobile Food Store to date.
Sainsburys helping everyone eat better was sought lo assist in the purchase of fruit and vegetables lo be
given away free of charge on the Breckland Mobile Food Store and assisted in bringing the weekly shop
of its members down for a period on 2 months.
Page 34

KICKSTART NORFOLK
IA company limited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Summary offunds
Summary of funds- current year
Balance at
31 March
2024
8alance at 1
April 2023
Transfers
Inlout
Income Expenditure
Designated funds
General funds
Reslricled funds
316.909
106.785
155,519)
1587,964)
181.0(KJ)
46.816
146,816)
308,206
145,036
673,031
77.000
427.694
750,031
{724.483)
453,242
Summary of funds- prior year
B8lanGe at
31 March
2023
8alanc8 at
l Apnl 2022
Tr8nsfe
it￿Out
Incomg Expenditure
Designated funds
General funds
296.818
171,918
3,950
(60,977)
(592,373)
(106,842)
81,068
(86,568)
5, 500
316,909
106, 785
4,000
673,808
101.392
Restricted funds
472,686
715,200
(760. 792)
427,694
23.
Analysi$ of net assets between funds
Analysis of net assets between funds - curient perfod
Unrestricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due within one year
269,235
231,917
147,9101
269,235
231.917
147.9101
Total
453,242
453,242
Page 36

KICKSTART NORFOLK
IA company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
23. AnalysÈs of net assets be￿een funds {continuedl
Analysls of net assets betwèen fvnds - prior period
RestriGted un￿StriGted
funds
funds
2023
2023
Total
funds
2023
Taigible fixed assets
Current assets
Creditors due within one year
Creditors due in mofft than one year
261, 703
238,208
(72,537)
(3,680)
261,703
242,208
fT2,537)
(3,680)
4,000
Total
4,000
423, 694
427,694
24. Reconclllation of net movement Sn fvnds to net cash flow from operatlng actlvltlès
2024
2023
Nel incomelexpenditure for the period (as per Slatement of Financial
Aclivitiesl
25,548
(44,992)
Adjustments for:
Depreciation charges
Interest received
LossllProfitl on the sale of fNed assets
Increase in stocks
55,519
(1,0181
7,2961
(24,6441
35,229
117,266)
60,977
(280)
5,433
(5,015)
(10,581)
19,850
Increase in debtors
Increaselldecreasel in credf(ors
Net eash provided by operating activitie5
66,072
25,392
25. Analysls of cash and Cash equlvalents
2024
2023
Cash in hand
106,774
131,480
Total cash and cash oquivalents
106,774
131.480
Page 36

KICKSTART NORFOLK
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
26. Anatysls of changes In nel debt
At 1 April
2023 Cash flows
At 31 March
2024
Cash al bank and in hand
Debt due within 1 year
Finance leases
Liquid investments
131,480
(2,2991
114,7211
(24.706}
106.774
(2,3041
13,6801
25,000
11,041
25,000
114,460
11,330
125,790
27.
Pension commitm•nts
The Company operates a defined contributr.ons pension scheme. The assets of the scheme are held
separately from those of the Company in an independendy administered fijnd. The pension CDSI charge
represènis contributions payable by the Company lo the fv.Id and amounted to £14,951 12023.. £15.6011.
Conlributiot)s tolalling £2,30412023." £2,299) were payable to the ￿nd at the balance sheet date and are
included in creditots.
28.
Operating lease commitments
At 31 March 2024 the Company had Commitments to make future minimum lease paymènts under non-
cancellable operating leases as follows."
2024
2023
Not iater than 1 year
Later than 1 year and not later than 5 years
L2leT than 5 years
16,234
20,445
2,292
16,234
33,242
5, 730
38,971
55,206
£16,23512023.. £13,083} has been recognised as an expense in the statement of finanual activities.
29.
Related party transaction5
The Company has not entered into any related party transaction during the year, nor are there any
oulslanding balances owng between related parb.es and the Company at 31 March 2024.
Page 37