Charity regi5tTation number 1105320 (England and Wales)
Company registration number 05049547
FIX IT (UK) LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

FIX IT (UK) LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Councillor K Cunliffe
Mrs HC Todd
Mr SJ Smith
Charity nurnber (England and Wales)
1105320
Company number
05049547
Prlnclpal address
Unit 617 Rosebridge Industrial Estste
Moss Street
Springview
Wigan
WN3 4TA
Re8lstered offlce
41 Bridgeman Terrace
Wigan
Lancashlre
United Kingdom
WNI ITT
Independent exarnlner
Hulljady
418ridgeman Terrace
Wigan
Lancashire
United Kingdom
WNII

FIX IT (UK) LTD
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of flnanclal actlvitles
io
Balance sheet
li
Notes to the financial statements
12-20

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 AUGUST2024
The trustees present their annual report and financial statements lor the year ended 31 August 2024.
The flnancial statements have been prepared in accordance with the accounting policies Set out in note I to the financial
statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by
Charities,. Staternent of Recommended Practice applicable to charitles prepar￿n￿ their account5 in accordance with the
FinancSal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,
Objectlves and activltles
The charity's objectives are to advance the education and trainin8 of the inhabitants of the Wigan Borough. Fix It IUKI Ltd
works with young people who face a variety of complex barriers to participation in malnstream education and training
including those with learning difficulties, those lacking p051tive role models, young offenders, those involved in antl-50cial
behavlour and young people who are not In educotion, employment or training INEETI or at risk of becoming NEET.
Alm5 ofthe charSty
Fix It IUKI Limited ralses the a5piratlons of young people from the borough and surroundlng areas to meet the opportunities
and responsibillties of society today, by offering them practical training in Motor Vehicle Studies and personal development
programmes that build confldence. motivation and personal, social and life skills. Our social purpose 15 to improve the life
chances. choices and opportunities of young people who are soclally and economlcally excluded by enabling them to engage
in learning, achieving, succeedin8 and progressing into further education, other trainin8 or employment. Fix It IUKI Ltd
provides opportunities for disadvanta8ed young people aged 14-16 and up to 24 if they are SEND, to develop their ski115, gain
qualifications and undertake practical work experience in motor vehicle maintenance and body-work skills. In addition, Fix It
IUKI Ltd offer5 young people the opportunity to engage in functional skills IMath5 and English), PSHE & C and life and work
Fix It IUKI Ltd uses the attraction of working with cars and other motor vehicles to engage and motivate young people on our
programmes. Our activities and programmes are designed specifically to engage those young people who are le5S
academically focused and benefit from learning acquired through practically based activities. The majority of our programmes
involve delivery of practical activities in our purpose-built workshop, which are supported by theoretical training sessions to
enable our staff to assess the level of knowledge gained by young people and award certification. Fix It IUKI Ltd delivers
nationally recognised accredited IMI Ilnstltute Of The Motor Indurtryl quallfications alongside a range of personal, social life
and employment skills training through OpenAwards. Fix It UK prides itself on mentoring to SUPPQrt each youn8 person's
transition into further training, edycatlon or employment.
Public benefit
The trustees have paid due regard to guidance Issued by the Charity Commission In decldlng what activities the charity should
undertake.

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Achievements and performance
Slgnificant activities and ochievements against objectives
INTRODucfioN
As can be determined from the previous annual report, 2022123 saw an exceptlonally successful turnaround In tPte fortunes of
the Charity. This turnaround ensured rhat a significant deficit at the start of 2022123 became a surplus at the end of that
financial year. This allowed the Charity to build on that success over 2023124 and take the Charity further forwards.
The year 2023124 was another very successful year and the Charity continues to grow and strengthen across the board.
Flnancial performance was particularly 800d over the year wlth a healthy surplus generated. This allowed the Charity to move
to a phase of substantial investment, firstly in the facilities for learners and then onto targeted specialised staff recruitment.
The Charity strengthened across all business operations. Key improvements were made in the Curriculum, the Built
Environment, Quality A55urance, Health & Safety, Key Stakeholder Relationshlps, expansion of catchment area5 and finally in
the staffing establishment.
CURRICULUM
The curriculum model continues to be developed through ongoin8 continuous improvement. The Post 16 offer is dellvered
through the Institute of the Motor Industry IIMII Qualifications and the Pre-16 offer Is delivered vla Open Awards
quallflcations.
Post 16 learners a￿ offered qualifications from entry level l up to level 2 in motor vehicle malntenance and repalr.
Additionally they study functional skllls maths and English from pre entry level up to Level 2, the pathway for post 16 15 now
realistlcally 3 maximum of three year5. Pre 16 learners generally have a two year pattiway where the Entry Level 3 award lyear
11 and certificate (year 21 are offered,
The Post 16 learner5 also undertake a significant pro8ramme of Social Emotional Mental Health and Personal Social Health
Economic & Citizenship curriculum to supplement their educational journey, this is now qualification based and is certificated
education.
It Is extremely pleasing to report that through both awarding body quality inspections In 2023124, IMI and Open Awards, the
entire provision has been rated as "low risk" and direct claim for all main qualifications has been awarded by both awarding
bodies.

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Educatlonal Achlevement & Key Performance Indicators {KPls)
Fix It UK Ltd recorded another successful year to date in terms of achievements, exam p355 rates were good. A total of 73
individual qualifications were awarded across the centre. The overall achievements are tabulated below,.
Academic Year 2023124 Centre Qualifitatlons
ohort
Pre 16
ualification
kills for Further Learning and Employment (Moto
ehlclel
kills for Further Learning and Employment (Moto
ehicle}
Skills for Further Learning and Employment (Moto
ehlclel
uaiification Level
chleved
Entry Level 3 Award
Pre 16
Entry Level 3 Certificate
Pre 16
Level I Certif icate
otal
ualificatlon Level
Entry Level 3 Award
ohort
Post 16
ualSficatlon
kills for Further Learnin8 and Employment ILIt
hleved
Post 16
kills for Further Learning and Ernployment Iwork
Ifel
kills for Further Learning and Employmen
(Employabllltyl
Level I Certificate
Post 16
Level I Certificate
ohort
Post 16
Post 16
uallfl¢atlon
Functional Skills . English
Functional Ski115
ommunlcation
uallficatlon Level
Entry Level 3
Entry Level 3
chleved
Speaking Listening
Post 16
Functional Skills - English
Functional Ski115
ommunication
Level I
Level I
Post 16
Speaking Listening
Post 16
Post 16
Functional Skills - Mathematics
Functional
Skills
Speaking
ommunication
IMI Personal Social DevelL7prnent
IMI Award in Automotive Maintenance and Repair
l Ml Certificate in Automotive Maintenance and Repair
IMI Dlploma in Automotive Malntenance ar¢d Repair
IMI Certificate in Vehicle Component Fitting
Entry Level 3
Level 2
Listenin8
P05t 16
Level I
Entry Level 3
Level I
Level I
Level 2
otal
Post 16
Post 16
P05t 16
Post 16
verall Total

FIX IT {UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
KEY PERFORMANCE INDICATORS
Pre 16 Provision
Pre 16 Open Awards Skills for Further Learnin8 & Employment (Introductlon to Motor Vehicle) Results Analysis
Number of Learners Registered
31
loo%
Number of Learners, who attained full qualification 28
90%
Pre-16 Overall Success Rate
2023124 Pre 16 Retention- 90%
Retention is difficult to measure within the Pre 16 area, given that the learner is the legal responsibility of the school and
although some learners were removed by schools, only 3 learners were tempororily excluded by Fix It and the school chose
not to reintroduce those learners.
2023124 Pre 16 Attendance- 71%
Although true benchmarks are difficult to find due to the very diverse nature of Alternative Provision the best comparator is
the 'Absence rates in state-funded alternative provision autumn and Spring term combined, in England between 2018119
Autumn and spring term and 2022123 Autumn and spring term which provides a benchmark attendance flgure of 59.3%.
Post 16 Provlslon
Post-16 Success by Quallflcatlon Results (All Quallflcatlonsl
Number of Qualiflcatlons Registered
105
Number of Learners, who attained full qualification 73
Post.16 Overall Success Rate
,69.52%
2023124 P05t 16 Retentlon- 88.5%
loo%
69.52%
This was another solid performance and although the three learners that left provision were excluded, every single sUPPOrt
mechanism had been put in place in an attempt to retain these individual learners. Furthermore. Fix It worked with the Local
Authority to ensure that a successful transition to an approPr￿ate setting was made for all three excluded learners.
2023124 Post 16 Attendance- 82%
Although there is some work to do in this area, it is important to recognise the type cf young person that accesses Alternative
Provislon (API. Very often, the young people are very low malnstream school attenders, non engager5, non attender5 / school
refusers, they also often present with diagnosed conditions and have Significant social or emotional difficulties. Therefore
achievin8 over 80% as an overall attendance figure with numerou5 learners attaining 100% attendance is a good achievement.
DfE publishes absence figures for both Pupil Referral Units IPRUs} and Alternative Provision IAPS) combined. The latest
attendance data for these settings Is the autumn 2021 term which showed that 76% of enrolments were persistently absent,
meaning that they missed IO% or more sessions and 31°h were severely absent. meaning that they missed 50% or more
sessions.

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
EsfATES & FACILITIES
The Built Environment
The main building continues to suffer from significant internal backlo8 maintenance due to previous lack of investment and
the poor standard of building work and finish on historical works. However, due to improved learner numbers and financial
performance the man38ement were able to set aside a capital sum for improvements. These improvements are outlined later
in this Section of the report.
The lease was 'held-over" up until September 2023, however. negotiatlons were arranged for a 51gnificant extension and a
new lease 15 now In place, this lease is fixed for 10 years with an extension, in the Charity'5 favour, of 5 further years to 2038.
Capltal Investments - Caterlng I P05t 16.
The charity was able to make some much needed and lon8 overdue capital investments due to the success over the last two
year5.
Si8nificant investment occurred in the caterin8 area in the Summer period of 2024 where £IOOk of investment was made.
Catering was historically In-house, however, thls was costly and was a drain on the other key areas of the charity. Hospitallty &
Caterln8 is now a new vocatlonal area for the Charity and initSally 3 students were recrulted along wlth a member of teachlng
staff.
A new commercial kitchen wa5 Installed, a new refectory area along wlth modern new teachlng facilities. The design also
allowed for a large flexible space to be utillsed for full student events, guest speaker5, staff training or full staff meetin8S.
The kitchen now operates as the functioning commercial kitchen for the provision of food to all learners, whilst training up to
five Post16 learners in the vocational area of catering. This area is seen as a real potential area of growth, real employment
opportunities exist across the Hospitality and Caterin8 industry. The Charity is lookin8 to Strengthen links with local Hospitality
& Catering employers through it5 arrangement with Aspiring Futures (Wigan Council)
Additional investrnent occurred in the Motor Vehicle areas. The rear workshop in Unit 5 was fully refurbished to include a
mezzanine classroom and larger workshop space. Investment has also been rnade in machinery, tooling and general MV
resource5 includin8 more up to date vehicles.
Finally, targeted investment occurred In learner facilities. so along with the aforementioned refectory / restaurant area,
outside seating and social spaces for both pre 16 and p05t 16 learners were installed.
Energy Markets
The Head of Centre atted proactively in 2024 due to the ongoln8 conflict In Ukraine and also the instabillty in the Middle East.
a further three year contract has been agreed with a new supplier at what are seen as very competitive market rates. Thi5
arran8ement was entered into early when the market experienced a dip in wholesale costs. Energy markets continue to be
extremely volatile and it was prudent to act early to protect the charity. This will 8ive bud8et certainty in respect to future
energy expenditure over the next 3 years.
Insurance Covers
A si8nificant reduction in premium was achieved back in 2021-22, where it was reco8nised that the charity's insuranee Cover
was not fit for purpose and significant over-insurance was occurring in areas that the charity did not operate in leg.comrnercial
& vehicle fleet). This reduction was sustained through 2022123 with a very comparable premium achieved for the correct level
of cover5. This continued again in 2023/24 and the insurance costs are now fully in-line with sector norms.

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
HEALTH AND SAFETY
The Health & Safety Pollcy is reviewed annually and signed off by the Chair of Trustees. Significant work has been undertaken
to ensure that Fix It UK Ltd Health and Safety policies, procedures and general standards meet the required standards
expected by local authorities and school partners.
Quallty Assurance Assessments {QAAI & Health & Safety
The Charity has been subject to significant and Increased audit from our partners, SLT welcome this increased rigour in respect
to Health & Safety standards. The following organisations have all performed H&5 a55urance and audit vlslts,.
Acorns School ISI
Cambian Tyldesley ISI
Fred Longworth High School IMI
Lowton High School IMI.
Newbridge Learning Community ISI Oakfield High School and College ISI
Shaftesbury High School IPRUI
Shevington High School IMI
The Westleigh School IMI.
Waterloo Lodge ISI
Bedford Hi8h School IMI
Deanery High School IMI
Moorbrook School ISI
Wigan Councll
ILA)
St Helen5 Council
Lancashire County Council
1S1- Special School IMI Malnstream School IPRUI Pupil Referral Unlt ILA) - Local Authority
¥ Denotes a school that Fix It were contacted or visited by Ofsted during their full inspection
Outstanding feedback has been received from all the above schools and the local authority where no significant actions or
areas for improvement were noted. This was particularly pleasin8 and demonstrates continuous improvement.
AccSdent Statlstlcs 2023124
There were 28 recorded accident5 in the year, all of which were minor In nature. None of these were tlassified a5 reportable
accidents, Sncidents, injuries or diseases las defined by RIDDOR,)
The lead cause of accidents was tools & equipment. This is the expected lead category given the age and inexperience of our
youn8 people in what is often 3 new environment to them.
Qualty Assurance l Local Authority Inspertions I SEN Reviews
Our own local authority ILA) launched a new engagement visit Inspection regime during 2022123. Thls was adopted by two
further LA'S the charity works with, namely Lancashire and St Helens.
All three Local Authoritles vislted to conduct a full QAA visit and to review the Special Educational Needs ISENI arrangements.
The en838ement visits looked at all areas of the whole provision, this included Inot an exhaustive list}
Recruitment- Pre16 Referral process / Post 16 VIO application for funding process and learner intervlew process
Relationships
Safeguarding and Health & Safety
Curriculum Pathways / Quality of Provision I Schools W Process
Attendance both monitoring and reportin8 pre and post 16
Individual Learning Plans / Interventions with individual learners
Emotional & Social Support / Behaviour
Learner Servlces
Destinations
The council agreed fully with Fix It's assessment of afea5 of development and none of these were considered to be inadequate
or requiring significant improvement. The vislt overall was very posltive.
The SEN vislt also went without any areas of concern, areas of good practice were identified around safeguarding and SEMH
support.

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Flnanclal revlew
The charity's gross income rose from £723K to £962K in 2023124, an increase of 33%. There was an increase in costs of 27%,
from £588K to £747k. mostly as a result of increased staff numbers and associated costs. Overall there was a surplus of
£214,313 for the year to 31 August 2024 (compared to a surplus in 2023 of £135,1741.
An arran8ement made with HMRC in 2022 to repay overdue PAYE continued as agreed and repayments were made according
to that schedule. The arrangement has since finished with all overdue PAYE now settled.
The charity has drawn up reallstic budgets and cash flows projections which demonstrate that if activities continue as
expected, the charity will be able to continue to operate for the forseeable future.
In summary, Fix It IUKI Ltd was in a financially strong posltion at 31 August 2024, with net a55ets of £280,768, which has
enabled the charity to invest in improved facllities and curriculum artivities. Indlcations are that with continued careful
management of resources, the charlty will continue to positively Impact the lives of a number of the rn05t disadvantaged
voun8 people In the Borough of Wigan and beyond.
Reserves policy
It Is the policy of this charlty to hold In reserves, If p05s1ble, the equlvalent of two months, 8eneral runnln8 Costs and an
additional one month's salary costs. This amounts to approximately £135,000. It is also our policy to hold an amount for any
necessary building works. This policy is reviewed annually.
At 31 August 2024, thè charity had cash reserves of £127,79712023 - £67,234) and net current assets of £108,60812023
£5,799), a significant increase from the prior year, when cash reserves were £30,249.
The trustees have assessed the major risks to whlch the eharity Is exposed. and are satlsfled that systems are In place to
mitl8ate exposure to those risks.
Structure, governance and management
The charity Is a company limited by guarantee and is governed by its governing document, the Mernorandum and articles of
assoclation. The company wa5 incorporated in February 2004.
The trvstees, who are also the directors for the purpose of company law, and who served during the year and up to the date
of signature of the financial statements were=
Councillor K Cunliffe
Mr KR Rimmer
Mr5 HC Todd
Mr M Keeffe
Mr SJ Smith
(Resigned 21 October 20241
IResigned 4 November 20241
Recruitment and oppointment of trustees
Trustee5 have been selected for thelr commltment to our charltable cause5 and for any particular skills they might have to
support the charity's work. The charity attively seeks and welcome5 new applicatlons from interested people.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
8uarantee to contribute £1 in the event of a winding up.

FIX IT (UK) LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Orgonlsotionol strurture
Organisational strurture
Although the charity is controlled by the board of trustee5 who are ultimately responsible for the operation of the charity, on a
day to day basis, responslbility for the running of the charity is delegated to two directly employed managers. Lee Walls and
Diane Stone, who, together wlth a small specialist team. ensure the charitable objectives are carried out. The managers
re8ularly report to, and are monito￿d by the trustees.
The trustees, report was approved by the 8oard of Trustees.
Councillor K Cunliffe
Trustee
Mrs HCTodd
Trustee
27 Febrtsary 2025

FIX IT (UK) LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF FIX IT (UK) LTD
I report to the trustees on my examlnation of the financial statements of Fix IT IUKI Ltd (the charity) for the year ended 31
August 2024.
Responsibilities and basis of report
A5 the trustees of the charity land also Its directors for the purposes of company lawl, you are responslble for the preparation
of the financial statements in accordance with the requirements of the Companies Act 2006.
Having $3ti5fied myself that the financial ststements of the charity are not required to be audited under Part 16 of the
Companies Act 2006 and a￿ ellglble for independent examination, I report In respect of my examination of the charity's
fInanc￿al statements carried out vnder section 145 of the Charities Act 2011. In carryin8 Out my examirb3tion I have followed
the Directions given by the Charity Commission under section 14515llbl of the Charities Act 2011.
Independent examlner's statement
Since the charlty's gross Income exceeded £250.000. the independent examiner must be a member of a body listed In section
145 of the Charities Act 2011. 1 conflrm that l am qualified to undertake the examination because l am a member of ICAEW,
which is one of the listed bodies.
I have completed my examination. I conflrm that no matters have come to my attention in connection with the examlnatlon
Ivlng me cause to belleve that Sn any material respect-
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
the financial 5t3tements do not accord with those records,. or
the financial statements do not comply with the accountin8 requlrements of section 396 of the Companies Act 2006
other than any requirement that the flnancial statement5 give a true and fair vlew, which is not a matter considered as
part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the Statement of
Recommended Proctice for accounting and reporting by charities applicable to charities preparing their financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021-
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 financial statements to be reached.
Clare Jady FCA of
Hulljady
418rid8eman Terrace
Wigan
Lancashire
WNII
United Kingdom
27 February 2025

FIX IT (UK) LTD
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2024
Unrestrlcted
funds
2024
Unrestrlcted
funds
2023
Notes
Income fforn:
Donations and legacies
Charitable activities
Other trading activities
Investments
1,900
955,953
721,851
116
1,394
3,959
Total Sncome
961,812
723,361
Expendlture on:
Charitable activities
747,499
588,187
Total expendlture
747,499
588,187
Net Income and movement In funds
214,313
135,174
Reconclllatlon of funds..
Fund balances at I September 2023
66,455
168,7191
Fund balances at 31 August 2024
280,768
66,455
10-

FIX IT (UK) LTD
BALANCE SHEET
AS AT31 AUGUST2024
2024
2023
Notes
Fixed assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
14
180,085
72,544
15
16
500
500
145,404
67,234
168,355
127,797
296,652
213,138
Creditors: amounts falling due within one
year
18
1188,0441
1207,3391
Net current asset5
108,608
5,799
Total assets less current liabllltles
288,693
78,343
Creditors: amounts fallin8 due after more
than one year
19
17,9251
{11.8881
Net assets
280,768
66,455
Income funds
Unre5tricied funds
280,768
66,455
280,768
66,455
The company is entitled to the exemptlon from the audit requirement contained in section 477 of the Companies Act 2006,
for the year ended 31 August 2024.
The dlrector5 acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect
to accounting records and the preparatlon of flnancial statements.
The members have not reqvired the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the
small companies regime.
The financial statements were approved by the Trustees on 27 February 2025
Councillor K Cunliffe
Trustee
Mrsj
Trustee
ith
Company Reglstratlon P40. 05049547

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2024
Accounting policies
Charlty Information
Fix IT IUKI Ltd is a prlvate company limited by guarantee incorporated in England and Wales. The reElStered office is 41
Brid8eman Terrace, Wigan, Lancashire, WN I ITT, United Kingdom.
1.1 Accountlng conventlon
The financial statements have been p￿Pared in accordance with the charity's Boverning document. the Companies Act
2006 and 'Accountin8 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 IFRS 1021 (effective l January 20191" The charity is a Public Benefit Entity as defined by FRS 102.
The charlty has taken advantage of the provisions in the SORP for charities applylng FRS 102 Update Bulletin I not to
prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest f.
The flnanclal statements have been prepared under the hlstorical cost convention, Imodified to Include the revaluation
of freehold properties and to include investment propertles and certain financial Instruments at fair valuel. The
prlncipal accountin8 pollcSes adopted are set out below.
1.2 Golng eoncern
At the time of approving the flnancial statements, the trustees have 3 reasonable expertation that the charity has
adequate resources to continue In operatlonal existence for the foreseeable future. Thus the trustees continue to adopt
the going concern ba515 of accountin8 in preparlng the financial statements.
1.3 Charltable funds
All funds of the charity are available for use at the discretion of the trustees in furtherance of their charitable objectives
and are therefore unrestricted.
1.4 Income
Income is ￿cOgnised when the charity is le8ally entitled to it after any performance conditions have been met, the
amounts can be measured reliably, and it is probable that income will be received.
Cash donatlons are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expendlture
Expenditure is reeognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it
is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be
rneasured reliably.
Expenditure Is classSfied by activlty. The costs of each actlvity are made up of the total of direct costs and sha￿d costs,
including support costs involved in undertaking each activity. Direct Costs attributable to a Single activity are allocated
directly to that activity. Shared costs which contribute to more than one activity and support ¢osts which are not
attributable to a single activity are apportioned between those activities on a ba515 consistent with the use of resources.
Central staff costs are allocated oti the basis of time spent, and depreciation charges are allocated on the portion of the
aS5et's use.
Expenditure is recogni5ed when the charity has a legal obligation to pay and 15 accounted for on an accruals basis.
12-

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Accounting policies
(Contlnuedl
1.6 Tangible fixed assets
Tangible fixed assets are Initially measured at Cost and subsequently measured at cost or valuation, net of depreciation
and any impairment losse5.
Depreciation is recognised so as to write off the cost or valuation of assets less their resldual values over their useful
lives on the following bases:
Plant and equipment
Fixtures and littings
Computers
Motor vehicles
20% of cost
20% reducing balance
20#A reducing balance
33)/¢ reducing b813nce
The gain or loss arisin8 on the disposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the asset, and is reco8nised in the statement of financial activities.
1.7 Impalrment of fixed assets
At each reporting end date, the eharity reviews the carrying amounts of its tangible assets to determine whether there
is any indication that those assets have suffered an impairment 1055. If any such indication exists, the recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss lif any).
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling prlce less costs to complete and sell. Cost comprlses dlrect
materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks
to their present location and condition. Items held for distribution at no or nominal consideration are measured the
lower of replacement cost and cost.
Net realisable value 15 the estimated selllng price less all estimated costs of completion and costs to be incurred in
marketing, 5ellin8 and disrribution.
1.9 Cash and cash equlvalents
Cash and cash equivalents Snclude cash in hand, dep051ts held at call wlth banks, other short-term liquid Investments
with original maturities of three months or less, and bank overdrafts. 8ank overdrafts are shown within borrowin85 in
current liabilities.
1.10 Flnanclal Instruments
The charity hos elected to apply the provlsions of Section 11 '8asic Financial Instruments, and Section 12 '0ther
Financial Instruments Issues. of FRS 102 to all of its financlal instruments.
Flnancial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual
provislons of the Instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amosjnts and there is an intention to settle on a net basis or to realise
th* asset and settle the liability simtsltaneously.
13-

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Accounting poli¢4es
(Continued)
Basicjlnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Buslcflnonclol Ilubllltles
Basic financial liabilities. including creditors and bank loans are initially reeognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt irnstrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.
Debt Instruments are Subsequently carried at amortised cost, usin8 the effective interest rate method.
Trade creditors are obligations to pay for 8oods or services that have been acquired in the ordinary course of operations
from suppliers. Amounts payable are classified as current113blliEles if payment is due within one year or less. If not, they
are presented as non-current liabilities. Trade creditors are recogni5ed initially at tranSaCt￿On price and subsequently
measured at amortised cost using the effective interest method.
Derecoqnltlon offinonclol liabilities
Flnancial liabllStles are dereco8nised when the ¢haritrfs contractual obligatlons expire or are dlscharged or cancelled.
1.11 Employee beneflts
The cost of any unused holiday entitlement 15 recognised In the period in which the employee's services are recelved.
Termination benefits are recognised immediately as an expense when the charity Is demonstrably committed to
terminate the employment of an employee or to provlde termination benefits,
1.12 Retlrement beneflts
Payments to defined contribution fetirement benefSt Schemes are charged as an expense as they fall due.
1.13 Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risk5 and rewards of
ownership to the lessees. All other leases are classified as operating leases.
A55ets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception
and the present value of the minimum lease payments. The related liability is included In the balance Sheet as a finance
lease obligation. Lease payrnents are treated as con515ting of capital and interest element5. The interest is charged to
net incomellexpenditurel for the year so as to produce a constant periodic rate of interest on the remaining balance of
the liability.
14

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Cfitlcal ac¢ountln8 e5tirnates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not ￿adIlY apparent from other source5. The
estimates and 3550ciated assumptions are based on historlcal experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates arbd underlying assumptlons are reviewed on an ongoing basis, Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or In the period of
the revision and future perlod5 where the revision affects both current and future periods.
The statement of financlal activltie5 includes all gaSns and1055es recognised in the year.
Unrestricted
funds
Total
2024
2023
Donations and gifts
Sale of donated assets
600
1.300
Income Irom eharltable activltles
Unrestrirted
funds
2024
Unrestrlrted
funds
2023
Charltable artivlties
Services provided under contract
955,953
721,851
Other tradln8 artivities
Totsl Unrestrirted
funds
2024
2023
Meals from canteen
116
15

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Income from Investments
Unrestrirted
funds
2024
Unrestrirted
funds
2023
Interest receivable
3,959
1.394
Expenditure on charitable activitie5
Charltable
artivities
2024
Charltable
activitie$
2023
Dlrert costs
Staff costs
Depreciation and impairment
Teaching expenses
Accreditation fees
Consultancy costs
Learner rewards
Staff unlform
Cleanin8 and laundry
Student bursaries
Staff training
511,515
19,604
19,464
9,531
2,04Q
1,767
1,334
3,179
27,048
2,933
401,799
11.916
12,647
6,230
980
2,256
1,390
2,991
19.167
3,264
598,415
462,640
Share of support and governance costs (see note 9)
Support
Governance
138,383
10,701
114,953
10,594
747,499
588,187
Analysls by fund
Unrestricted funds
747,499
588,187
DescrlptSon of charitable activitle5
Charitable activiti
The charity's principal activity is to work with young people who fate a variety of Complex challen8es and to assist them
in improving their life chances. The charity uses the attraction of workin8 With motor vehicles to engage and motivate
young people and to give them the opportunity to engage in functional maths and English. STEM technolo8ies and life
ènd work ski115, Wlth the aim of assisting them to move into further training, education or employment
16

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Support costs
Support costs Governance
costs
2024 support costs Governance
costs
2023
Rent. rates and premises
expenses
Insurance
Telephone
Light and heat
Postage, printing and
stationery
IT and computer ¢ostS
Interest on loans
Bank charges
Sundry expenses
48,110
7,644
12,456
9,284
48.110
41,751
7,985
11,562
10,783
41,751
7.985
11,562
10,783
12,456
9.284
2,029
8,453
2,029
8,453
1,636
3,151
84
554
37,447
1,636
3,151
84
554
37,447
678
678
49,729
49,729
Independent examlnation
Accountancy and payroll
Governance services
1,000
7,089
2,612
1,000
7,089
2,612
1,000
7.805
1.789
1,000
7,805
1,789
138,383
10.701
149,084
114,953
10,594
125,547
Analy5ed between
Charitable activltles
138,383
10,701
149,084
114,953
10,594
125,547
io
Nèt movement In funds
2024
2023
The net movement in funds is stated after ch3rging/lcreditingl:
Fees payable for the independent examination of the charity's financial statements
Depreciation of owned tangible fixed asset5
1,000
19.604
1,000
11,916
11 Trustees
None of the trustees lor any persons connected wlth them) recelved any remuneration or benefits from the charity
during the year, except a5 below..
Matthew Keeffe, who was a trustee until his resignation on 4 November 2024, carried out consultancy work for the
charity during the year to 31 August 2023, vla a limited company of which he is the sole share holder and director.
The amounts involved are:
Matthew Keeffe. £1,74012023- £9801
17-

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
12
Employees
The avera8e monthly number of employee5 during the year wa5:
2024
2023
Number
Number
Total staff numbers
18
15
Employment costs
2024
2023
Wages and Salaries
Other pension costs
502,351
9,164
394,525
7,274
511,515
401,799
There were no employees whose annval remuneratlon was more than £60,000,
Remuneratlon of key management personnel
The charity $5 managed on a day-to-day basis by a manager and deputy manager who
are each paid in the salary bracket £40,001- £50,000 per annum.
13
Taxatlon
The charlty Ss exempt from taxatlon on its actlvltles because all Its Income Is applied for charltable purposes.
14 Tangible flxed assets
Pl•nt ind
equlpmènt
Flxtures #nd
Ilttln85
Computers Motor vehl¢1•5
Total
Cost
At I September 2023
Additions
5,214
3,168
118,225
115,343
14.338
6,335
1,000
2,300
138.777
127,146
At 31 August 2024
8,382
233,568
20.673
3,300
265,923
Depreciatlon and irnpalrment
At I September 2023
Depreciation charged in the year
87
1,025
58,164
15,842
7,430
2,205
553
532
66,234
19,604
At 31 August 2024
1,112
74,006
9,635
1,085
85,838
Carrying amount
At 31 August 2024
7,270
159.562
11,038
2,215
180,085
At 31 August 2023
5,127
60,061
6,909
447
72,544
18-

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
15
Stocks
2024
2023
Raw materials and consumables
500
500
16
Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued Income
166.083
2,272
144,797
607
168,355
145,404
17
Flnance lease obllgatlons
It is the company's policy to lease certain equipment under finance leases. The averagè lease term is S years. All leasÈs
are on a fixed repayment basis and no arrangements have been entered into for contingent rent31 payments
18 Credltors: amounts fallin8 due within one year
2024
2023
Notes
Obligations under finance leases
Other taxation and social security
Trade creditors
Accruals and deferred Income
17
3.962
10,825
7,171
166,086
3,962
48,039
7,615
147,723
188,044
207,339
19 Creditors: amounts fallSn8 due after more than one year
2024
2023
Notes
Obligations under finance leases
17
7,925
11,888
20
Retirement benefit schemes
2024
2023
Defined contribution schemes
Char8e to proflt or loss in respect of defined contribution schemes
9,164
7,274
19

FIX IT (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
20
Retirement benefit schemes
Icontlnued)
The charlty operates a defined contrlbutlon penslon scheme for all qualifylng employees. The assets of the scheme are
held separately from those of the charity in an independently administered fund.
21 Unre5trlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and 8rant5 which are not subjert
to speclfic conditions by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestrlcted funds by the trustees for specific purposes.
At I September
2023
Ineomln8
resources
Resources
expended
At 31 August
2024
General funds
66,455
961,812
1747.4991
280,768
Pr¢vSous year:
At I Septernber
2022
In¢omln8
resources
Resource5
expended
At 31 August
2023
General funds
168,7191
723,361
1588,1871
66,455
22 Operatlng lease commltments
Lessee
The operatin8 leases represent rentals due on the charity's premises to third partles. The lease wa5 negotlated over
terms of 10 years. The lease includes a provislon for upward rent reviews according to prevailin8 market conditions.
There are option5 in place for the charlty to extend the lease terms for a further five years to 2038.
At the reporting end date the charity had outstanding commitments ftjr future minimum lease payments under non-
cancellable operating leases, which fall due as follows..
2024
2023
Within one year
Between two and five years
In over five years
47,235
190,184
190,184
3,884
427,603
3,884
23
Related party transartions
Other than the transactions disclosed in note 11, there were no disclosable related party transactions during the year
12023 - none).
-20-