Company Registration No: 05164768 (England and Wales)
Registered Charity Number: 1106085
THE AYLESBURY YOUTH MOTOR PROJECT LTD
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025

THE AYLESBURY YOUTH MOTOR PROJECT LTD
Trustees Report for Year Endlng 31st March 2025
Reference and admlnlstratlve Infomiatlon
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present
their report and financial statements of the charity for the year ending 31st March 2025. The trustees have
adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by
Charities, issued in March 2005. This report follows the requirements of smaller charities not subject to a
statutory audit.
The Charity and company registration numbers are as follows:
Charity- 1106085
Company- 5164768 (England and Wales)
The Board of trustees and directors who have held office since 31st March 2024 to date are Stuart Forbes,
John James (Chaimian),Colin Watson (appointed 19th November 2024),Richard Howe (appointed 19th
November 2024), Geoffrey Sherley (resigned 19th November 2024), Graham Parker (resigned 19th
November 2024). Board meetings have also been attended by the Project Manager.
Reqistered Office
Units 48-50 Edison Road, Rabans Lane Industrial Estate, Aylesbury, Buckinghamshire, HP19 8TE
Accountants
D A Fane, 6 Ridge Close, Aylesbury, Bucks, HP219AH
Structure and Governance
The charity is a registered company limited by guarantee with a written constitution, memorandum and
article. The trustees meet regularly on agreed dates throughout the year. Meetings are minuted and subject
to approval at the following meeting. New trustees would be subject to unanimous approval and invitation
from the existing trustees and subject to interview and appropriate references.
Objectives and Activities
The objectives of the charity are to provide training that enables young people to leam automotive skills that
will enable them to enter the world of work or continue in education. The charity largely works with 14 - 19
year-olds and very much caters for young people who find the academic environment in schools unsuitable,
and those with leaming and behavioural difficulties.
Achievements and Perfomiance
The year ending 31st March 2025 showed change for The Project with a move to a new location doubling
the size of the premises in order to support our continuing expansion. The need for this move was
recognised over recent years. Programme sales expanded from £239,422 to £319,901 an increase of some
33 % , with additional customers mainly from the special needs sector. Commercial work dedined slightly.
Grants totalled £44,522 against £10,670 the previous year. We continue to be grateful to all our generous
supporters induding The Rothschild Foundation, Thames Valley Police, Heart of Bucks, Betty TV,
Motoserve,Aylesbury Vale D.C. , Clare Foundation, King Collimore, Lords Foundation and the public.
Expenses showed a large increase to £426,057 from £259,031. This was largely due to the high
refurbishment costs of the new premises including re-wiring, security, alarms, offices etc. Total cost
including capital equipment was approx. £100,000. The other high cost increase was in staff where two
additional employees were taken on to support additional training needs and provide capacity for the future.
Whilst rent doubled the effect of this will be noticed during 2025126 year as the new lease was not effective
until February 2025.
Page 1

THE AYLESBURY YOUTH MOTOR PROJECT LTD
Risk
By order the Board
John Jame•-
Dated .

THE AYLESBURY Yoimi MOTOR PROJECT LTD
DAF
AyWury
Bucks
FF219AH
Page 3

THE AYLESBURY YOUTH MOTOR PROJECT LTD
PROFIT & LOSS ACCOUNT
YEAR ENDED 31 MARCH 2025
2025
2024
Unrestricted Restricted
Total
Totsl
Funds
Funds
Funds
Funds
Notes
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
Activities for generating funds
Profft on sale of assets
44,522
44,522
10,670
413,032
413,032
338,408
Investment income
Total incoming resources
457,554
457,554
349,078
RESOURCES EXPENDED
Charitable activities
Project and workshop
Govemance costs
426,057
426,057
259,031
925
925
350
Total resources expended
426,982
426,982
259,381
NET INCOMING RESOURCES
30,572
30,572
89,697
RECONCILIATION OF FUNDS
Total funds brought forward
Release restricted funds
174,314
174,314
94,617
(10,000)
TOTAL FUNDS CARRIED FORWARD
204,886
204,886
174,314
Page 4

THE AYLESBURY YOUTH MOTOR PROJECT LTD
BALANCE SHEET
AS AT 31 MARCH 2025
2025
Totsl
2024
Total
Funds
Funds
Funds
Funds
Notes
FIXED ASSETS
Tangible Assets
28,335
28,335
8,288
CURRENT ASSETS
Stocks
2,000
30,897
170,828
203,725
2,000
30,897
170,828
203.725
2,000
11,505
163,373
176,878
Debtors
Cash at Bank
CREDrroRS
Amounts falling due within one year
27,174
27,174
10,852
NET CURRENT ASSETS/(LIABILrriES)
176,551
176,551
166,026
NET ASSETSI(LIABILrriES)
204,886
204,886
174.314
FUNDS
Funds
10 204,886
204,886
174,314
204,886
174,314
Page 5

THE AYLESBURY YOUTH MOTOR PROJECT LTD
BALANCE SHEET- CONTINUED
AS AT 31 MARCH 2025
These accounts have been prepared in accordance with the special provisions relating to small companles within Part 15 of the
Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008)
For the financial year ended 31 March 2025 the charitable company was entitled to exemption from audrt under section 477
(small company exemption) Companies Act 2006; and no notice has been deposited under section 476 (member or members
requesting an audit).
The directors acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which
comply with s. 386 [ofthe act] and for preparing accounts which give a true and fair view of the state of affairs of the company as
at the end of the financial year and of its profft or loss for the financial year in accordan￿ with the requirements of sections 394
and 395 and which othe￿iSe comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable
to the company.
The financial statements were approved by the Board of Trustees on ..
behalf by.
John James- Chairman
Page 6

THE AYLESBURY YOUTH MOTOR PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS
UNAUDITED FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the
Finanaal Reporting Standards for Smaller Entities (effective January 2007), the Companies Act 2006 and the
requirements of the Statement of Recommended Practice. Accounting and Reporting by Charities.
Incoming Resources
All incoming resources are induded on the Statement of Financial Activities when the charity is legalty entitled
to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all
cost related to the category. Where costs cannot be directty attributed to particular headings that have been
allocated to activities on a basis consistent with the use of resources.
Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its useful life:
Plant and machinery etc
- Straight line over 3 years and 4 yeaTS
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowances for obsolete
and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable adivibes.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restiictions arise when specified by the donor or when funds are Ta￿ed for particular restricted purposes.
Further explanations of the nature and purpose of each fund is included in the notes to the financial statements.
2 ACTIVITIES FOR GENERATING FUNDS
The tumover and profft/(loss) before taxation are attributable to the one principal ac*vity of the company.
The profftl(loss) on ordinary activrties is stated after
2025
2024
Programme sales
Wheels to Work
Other income
Room hire
319,901
239,422
93,131
98,986
413,032
338,408
Page 7

THE AYLESBURY YOUTH MOTOR PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS
UNAUDITED FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
3 INVESTMENT INCOME
2025
2024
Deposit account interest
4 NET INCOMINGI(OUTGOING) RESOURCES
Net resources are stated after chargin￿(CredItIng)
2025
2024
Depreclation - owned assets
10,738
4000
5 TRUSTEE'S REMUNERATION AND BENEFITS
There were no trustee's remuneration or other beneffts for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustee's Expenses
There were no trustee￿ expenses for the year ended 31 March 2025 nor for the year ended 31 March 2024.
6 STAFF COSTS
2025
2024
Wages and salaries
193,861
135,515
7 TANGIBLE FIXED ASSETS
Plant and
Machinery
COST
At 1 April 2024
additions
disposals
At 31 March 2025
16,256
30,784
4,588
42,452
DEPRECIATION
At 1 April 2024
charge for year
disposals
At 31 March 2025
7,968
10,738
4,588
14,118
NET BOOKVALUE
At 31 March 2025
Page 8

THE AYLESBURY YOUTH MOTOR PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS
UNAUDtTED FINANCIAL STATEMENTS
YEAR ENDED 31 PaARCH 2025
8 DEBTORS
2025
2024
Trade do￿0￿
A(xrued Income
PrepaYr￿nts
21.089
7,420
30,897
11 S05
9 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
Bank overdraft
Trade creditors
Deferred income
Taxation and social security
Loans
A(uuals
Other creditors
21,819
6,382
4,955
4,070
400
400
27 174
10 852
10 MOVEMENT IN FUNDS
At 31J.24
movement
At 31.3.25
Unrestricted funds
General fund
174,314
30.572
204.886
Restricted funds
Student funding
Overhead contribution
Total funds
Net movement in funds, included in the atK)ve are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fvnd
Restricted fund
457,554
426,982
30,572
Total funds
457,554
426,982
30,572
Page 9