##
##
|Strategic Report||I to 3|
|---|---|---|
|Trustees' Report||4 to 11|
|Independent
Auditors'|Report|12to 15|
|Statement ofFinancial|Activities|16to 17|
|Balance Sheet||18|
|Statement ofCash Flows||19|
|Notes to the Financial|Statements|20to 30|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Charity Registration|Charity Registration|Charity Registration|Number:|Number:|1107582|||||
|---|---|---|---|---|---|---|---|---|---|
|Charity Name:|||||Front Line Emergency|Equipment||Trust Limited - also known as FLEET||
|Company|Registration|||Number:|05260864|||||
||||||The charity is incorporated||in England||and Wales.|
|Registered||Office:|||Alexander
ttt Co Schooners Business||||Park|
||||||BessPark Road|||||
||||||Wadebridge|||||
||||||Comwall|||||
||||||PL27 6HB|||||
|Principal|Office:||||37Tredour Road|||||
||||||Newquay|||||
||||||Comwall|||||
||||||TR72EY|||||
|Auditor:|||||Azets Audit Services|||||
||||||Woodlands
Court|||||
||||||Truro Business Park|||||
||||||Intro|||||
||||||Comwall|||||
||||||TR4 9NH|||||
|Trustees|and a(Beers|||||||||
|The trustees||and officers serving|||during the year and since the|year end||were|as follows:|
|Trustees:|||||Mr CA Martin|||||
||||||Mr DA Pettigrew|||||
||||||Dr M SStead|||||
||||||Dr RGTaylor|||||
||||||Dr A MacDonald|||||
||||||Mr A GBrown|||||
||||||Ms H A Pitts|||||
||||||Mr CA Brown (resigned 24 January 2023)|||||
||||||Mr KDBignell (resigned||1 February||2023)|
||||||Mr CEBuchanan|||||
|Chairman:|||||Dr M SStead|||||
|Secretary:|||||Mr C A Martin|||||
|Senior Management|||/|Leadership|Mr N Trebilcock (resigned||31 December 2022)|||
|Tealll:|||||Mr CA Brown (appointed||24 January||2023)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||nnd Lo|sses)|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2022|
||||Note|8|||
|Income and Endowments||from:|||||
|Donations
and legacies||||64,173||64,173|
|Charitable
activities||||26,889|1,070,000|1,096,889|
|Interest income||||446||446|
|Total income||||91,508|1,070,000|1,161,508|
|Expenditure
on:|||||||
|Charitable
activities|||5|~4339,405|788,673)|(928,07$)|
|Total expenditure||||~339,405|788673|(928,078)|
|Net (expenditure)/income||||47,897|281 327|233 430|
|Net movement
in funds||||(47,897)|281,327|233,430|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||117,$63||117,863|
|Total funds carried|forward||12|69,966|281,327|351293|
||||||Unrestricted|Total|
||||||funds|2021|
||||||Unaudited|Unaudited
and|
||||||and restated|restated|
|||||Note|||
|Income and Endowments||from:|||||
|Donations
and legacies|||||122,341|122,341|
|Charitable
activities|||||2,917|2,917|
|Total income|||||125,258|125,258|
|Expenditure
on:
Charitable
activities||||5|~120674|~320 6747|
|Total expenditure|||||120674|120674|
|Net income|||||4584|4584|
|Net movement
in funds|||||4,584|4,584|
|Reconciliation offunds|||||||
|Total funds brought|forward||||113,279|113,279|
|Total funds carried|forward|||12|117,863|117863|
##
##
##
|||Balanc|e Sheet as at3|i December 20|22||
|---|---|---|---|---|---|---|
|||||||2021|
||||||2022|Unaudited
and|
|||||||restated|
|||||Note|||
|Fixed assets|||||||
|Tangible assets|||||22,712|34,108|
|Current
assets|||||||
|Debtors||||10|11,175|7,008|
|Cash at bank|and in hand||||347,039|80,020|
|Creditors: Amounts||falling due within|one year||358,214
(29,633)|87,028
~3,273|
|Net current|assets||||328,581|83,755|
|Net assets|||||351,293|117,863|
|Funds ofthe|charity:||||||
|Restricted income funds|||||||
|Restricted funds|||||281,327||
|Unrestricted|income|funds|||||
|Unrestricted|funds||||69,966|117,863|
|Total funds||||12|351,293|117,863|
##
##
|||||||2021|
|---|---|---|---|---|---|---|
||||||2022|I/naudited
and|
|||||||restated|
|||||Note|||
|Cash flows from operating|activities||||||
|Surplus/(deficit)
for the year|||||233,430|4,584|
|Adjustments
to cash flows from non-cash items|||||||
|Depreciation|||||11,397|6,965|
|Interest income|||||(446)|(6)|
|Loss on disposal oftangible fixed assets||||||602|
||||||244,381|12,145|
|Working capital adjustments|||||||
|Increase in debtors||||10|(4,167)|(4,757)|
|Increase in creditors||||11|26,359|556|
|Net cash flows from operating||activities|||266,673|7944|
|Cash flows from investing
activities|||||||
|Interest received
Acquisitions
oftangible assets
Net cash flows from investing||activities|||446
446|6
~37696
~36.994|
|Net increase/(decrease)
in cash||and cash equivalents|||267,019|(9,050)|
|Cash and cash equivalents
at|I|January|||80,020|89„070|
|Cash and cash equivalents
at|31 December||||347,039|80,020|
|All ofthe cash flows are derived from continuing|||operations.||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|
|||||||funds|Total||
|||||||General|2022||
|||||||g|||
|Donations|and legacies;||||||||
|Donations||from|individuals|||64,059|64,059||
|GiA aid|reclaimed|||||114||114|
|||||||64.173|64|173|
|||||||Unrestricted|||
|||||||funds|Total||
|||||||General|2021||
|||||||Unaudited
and|Unaudited|and|
|||||||restated|restated||
|Donations|and legacies;||||||||
|Donations||from|individuals|||116,365|116,365||
|GiA aid|reclaimed|||||570||570|
|Grants, including|||capital grants;||||||
|Government||grants||||5,400|5,400||
|Other income||from donations||and legacies||6||6|
|||||||122,341|122,341||
||||||Page 23||||
##
##
##
|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
|||||funds|Restricted|Total||
|||||General|funds|2022||
|Charitable|activities|||26,$$9||26,889||
|Performance||related|grants||1,070,000|1,070,000||
|||||26,889|1,070,000|1,096,889||
||||||Unrestricted|||
||||||funds|Total||
||||||General|2021||
||||||Unaudited
and|Unaudited|and|
||||||restated|restated
f||
|Charitable|activities||||2,917|2,917||
##
|||Unrestricted|||
|---|---|---|---|---|
|||funds|Restricted|Total|
|||General|funds|2022|
|||8|||
|Equipment
purchases||37,000|773,917|810,917|
|Training
courses||14,571|12,640|27,211|
|Rent and utilities||6,420|900|7,320|
|Fundraising
activities||7,460||7,460|
|Repairs and maintenance||2,019||2,019|
|Administration
expenses||7,492||7,492|
|Charitable
donations||25,000||25,000|
|Sundry expenses||1,321|1,066|2,387|
|Motor expenses||3,709||3,709|
|Bank charges||288|150|438|
|Depreciation||11,397||11,397|
|Donation
handling|fees|8$2||882|
|Governance
costs|(note 6)|21,846||21,846|
|||139,405|788,673|928,078|
##
##
||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total||
||||General|2021||
||||Unaudited
and|Unaudited|and|
||||restated|restated||
|Equipment
purchases|||87,852|87,852||
|Training
courses|||5,871||5,871|
|Rent and utilities|||6,370||6,370|
|Fundraising
activities|||2,262||2,262|
|Repairs and maintenance|||5,202||5,202|
|Administration
expenses|||1,621||1,621|
|Sundry
expenses|||549||549|
|Motor expenses|||706||706|
|Bank charges|||281||281|
|Depreciation|||6,964|6,964||
|Donation
handling|fees||1,728||1,728|
|(Profit)/loss
on sale oftangible fixed assets held for charity's||own use|26||26|
|Governance
costs (note 6)|||1,242||1,242|
||||120,674|120,674||
##
##
||||||Unrestricted||
|---|---|---|---|---|---|---|
||||||funds|Total|
||||||General|2022|
||||||f||
|Audit fees|||||||
|Audit ofthe financial|||statements|(Azets)|20,700|20,700|
|Accounts|preparation|fee|||1,146|1,146|
||||||21,846|21,846|
||||||Unrestricted||
||||||funds|Total|
||||||General|2021|
||||||Unaudited|Unaudited|
||||||f.|f|
|Accounts|preparation|fee|||1,242|1,242|
||||||1,242|1 242|
##
##
##
##
##
|9
Tangible fixed assets|||||||||
|---|---|---|---|---|---|---|---|---|
||||Plant|and||Computer|||
||||machinery
f||Motor vehicles|equipment||Totalf|
|Cost|||||||||
|At
1 January 2022 (Unaudited|and||||||||
|restated)||||2,436|57,241||80|59,757|
|At 31December 2022||||2,436|57,241||80|59,757|
|Depreciation|||||||||
|At 1 January 2022 (Unaudited|and||||||||
|restated)||||1,633|23,955||61|25,649|
|Charge for the year||||200|11,191||5|11,396|
|At 31December 2022||||1,833|35,146||66|37,045|
|)tet book value|||||||||
|At 31December 2022||||603|22 095||14|22,712|
|At 31December 2021 (Unaudited||and|||||||
|restated)||||803|33 286||19|34,10&|
##
##
##
##
|10 Debtors|||||
|---|---|---|---|---|
|||||202]|
||||2022|Unaudited
and|
|||||restated|
|Trade debtors|||627|1,077|
|Prepayments|||5,999|1,145|
|Other debtors|||4,549|4,786|
||||11,175|7,008|
|11Creditors: amounts|falling due within|one year|||
|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||||||Unaudited|
|||||||||f|
|Accruals||||||29,633||3,273|
|12 Funds|||||||||
|||Balance at I|||||||
|||January2022||||||Balance at 31|
|||Unaudited|and|Incomiug||Resources||December|
|||restated||resources||expended||2022|
|||||||||8|
|Unrestricted|funds||||||||
|General||117,863||91,508||(139,405)||69,966|
|Restricted funds||||1,070,000||(788,673)||281,327|
|Total funds||117,863||1,161,3II||~928,978||351,293|
|||||||||Balance at 31|
|||Balance at I||Incoming||Resources||December|
|||January2021||resources||expended||2021|
|||Unaudited|and|Unaudited|and|Unaudited|and|Unaudited
and|
|||restated||restated||restated||restated|
|||||8|||||
|Unrestricted|funds||||||||
|General||113,279||125,258||(120,674)||117,863|
##
##
##
|||Unrestricted||Total funds at|
|---|---|---|---|---|
|||funds|Restricted|31December|
|||General|fundsf|2022|
|Tangible|fixed assets|22,712||22,712|
|Current|assets|76,752|281,462|358,214|
|Current|liabilities|(29,498)|(135)|(29,633)|
|Total net assets||69966|281327|351293|
||||Unrestricted|Total funds at|
||||funds|31December|
||||General|2021|
||||Unaudited
and|Unaudited
and|
||||restated|restated
f|
|Tangible|fixed assets||34,108|34,108|
|Current
Current|assets
liabilities||87,028
~3273|87,028
~3273|
|Total uet assets|||117,863|117863|
##
##
##
##
##
##
##
##
##
##
##
##
##