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2023-12-31-accounts

Strategic Report 1to 3
Trustees' Report 4to 11
Independent
Examiner's Report
12
Statement ofFinancial Activities 13to 14
Balance Sheet 15to 16
Notes tothe Financial Statements 17to26

Charity Registration Number: Number: 1107582
Charity Name: Front Line Emergency Equipment Trust Limited - also known asFLEET
Company Registration Number: 05260864
The charity is incorporated in England and Wales.
Registered Office: Alexander 4 Co Schooners Business Park
Bess Park Road
Wadebridge
Cornwall
PL27 6HB
Principal Olnce: 37Tredour Road
Newquay
Cornwall
TR72EY
Accountants: Alexander k Co
Schooners Business Park
Bess Park Road
Wadeb ridge
Cornwall
PL27 6HB
Trustees and officers
The trustees and of5cers serving during the year and since the year end were as follows:
Trustees: Mr CA Martin
Mr D A Pettigrew
DrMS Stead
DrRG Taylor
Dr A MacDonald
Mr A GBrown
MsH APitts
Mr CABrown (resigned 24 January 2023)
MrKD Bignell (resigned 1February 2023)
Mr CEBuchanan
Chairm;m: DrM S Stead
Secretary: Mr CA Martin
Senior Management / Leadership Mr CA Brown (appointed 24 January 2023)
Team:

Unrestricted Restricted Total
funds funds 2023
Note
Income and Endowments from:
Donations and legacies 23,406 23,406
Charitable
activities
10,600 10,600
Interest income 2,884 2,884
Total income 36,890 36,890
Expenditure
on:
Charitable
activities
(54,420) (101,557)
Total expenditure (47,137) (54,420) (101,557)
Net expenditure (10,247) (54,420) (64,667)
Net movement
in funds
(10,247) (54,420) (64,667)
Reconciliation offunds
Total funds brought forward 69,966 281,327 351,293
Total funds carried forward 12 59,719 226,907 286,626
Unrestricted Restricted Total
funds funds 2022
Note
Income and Endowments from:
Donations and legacies 64,173 64,173
Charitable
activities
26,889 1,070,000 1,096,889
Investment
income
446 446
Total income 91,508 1,070,000' 1,161,508
Expenditure
on:
Charitable
activities
139,405) (788,673) (928,078)
Total expenditure (139,405 (788,673) (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 117,863 117,863
Total funds carried forward 12 69,966 281,327 351,293

2023 2022
Note
Fixed assets
Tangible assets 2,809 22,712
Current assets
Debtors 10 4,094 11,175
Cash atbank and in hand 295,450 347,039
299,544 358,214
Creditors: Amounts falling due within one year (15,727) (29,633)
Net current assets 283,817 328,581
Net assets 286,626 351,293
Funds ofthe charity:
Restricted income funds
Restricted funds 226,907 281,327
Unrestricted income funds
Unrestricted funds 59,719 69,966
Total funds 12 286 626 351,293

Unrestricted
funds Total
General 2023
Donations and legacies;
Donations from individuals 23,406 23,406
23,406 23 406
Unrestricted
funds Total
General 2022
Donations and legacies;
Donations from individuals 64,059 64,059
Gift aid reclaimed 114 114
64,173 64, 173
4 Income from charitable activities
Unrestricted
funds Total
General 2023
Charitable activities 10 600 10,600
Unrestricted
funds Restricted Total
General funds 2022
Charitable activities 26,889 26,889
Performance related grants 1,070,000 1,070,000
26 889 1070,000 1,096,889

Unrestricted
funds Restricted Total
General funds 2023
Equipment purchases 18,699 18,699
Tralnlllg courses 148 54,420 54,568
Rent and utilities 35 35
Fundraising activities 6,005 6,005
Repairs and maintenance 49 49
Administration
expenses
2,099 2,099

Unrestricted
funds Restricted Total
General funds 2023
f.
Charitable
donations
3,000 3,000
Sundry expenses 919 919
Motor expenses 4,265 4,265
Bank charges 154 154
Depreciation 936 936
Donation handling fees 983 983
(Profit)/loss on sale oftangible fixed assets held for
charity's own use 1,745 1,745
Governance costs (note 6) 8,100 8,100
47,137 54 420 101 557

Unrestricted
funds Restricted Total
General funds 2022
Equipment
purchases
37,000 773,917 810,917
Trammg 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 882 882
Governance
costs
(note 6) 21,846 21,846
139,405 788,673 928,078

Governance
costs
Unrestricted
funds Total
General 2023
Audit fees
Audit ofthe financial statements (Azets) 6,000 6,000
Accounts preparation fee 2,100 2,100
8,100 8,100

Unrestricted
funds Total
General 2022
Audit fees
Audit ofthe financial statements 20,700 20,700
Accounts preparation fee 1,146 1,146
21,846 21,846

9
Tangible fixed assets
Plant and Computer
machinery Motor vehicles equipment Total
Cost
At 1January 2023 2,436 57,241 80 59,757
Additions 479 479
Disposals (43,495) (43,495)
At 31December 2023 2,436 13,746 559 16,741
Depreciation
At 1January 2023 1,833 35,146 46 37,045
Charge for the year 151 663 123 937
Elimirutted
on disposals
24,050) (24,050)
At 31December 2023 1,984 11,759 189 13,932
Net book value
At 31December 2023 452 1,987 370 2,809
At 31December 2022 603 22,095 14 22,712

2023 2022
Trade debtors 3,579 627
Prepayments 308 5,999
Other debtors 207 4,549
4094 11175
11 Creditors: amounts falling due within one year
2023 2022
Accruals 15,727 29,633
12 Funds
Balance at31
Balance at 1 Incoming Resources December
January 2023 resources expended 2023
Unrestricted funds
General 69,966 36,890 (47,137) 59,719
Restricted funds 281,327 (54,420) 226,907
Total funds 351,293 36,890 101,557) 286,626
Balance at 31
Balance at 1 Incoming Resources December
January 2022 resources expended 2022
Unrestricted funds
General 117,863 91,508 (139,405) 69,966
Restricted funds 1,070,000 (788,673) 281,327
Total funds 117,863 1,161,508 (928,078 351,293

13Analysis ofnet assets between funds
Unrestricted Total funds at
funds Restricted 31December
General funds 2023
Tangible fixed assets 2,809 2,809
Current assets 72,637 226,907 299,544
Current liabilities (15,727) (15,727)
Total net assets 59,719 226 907 286,626
Unrestricted Total funds at
funds Restricted 31December
General funds 2022
Tangible fixed assets 22,712 22,712
hrent assets 76,752 281,462 358,214
Current liabilities 29,498) 135) (29,633)
Total net assets 69,966 281,327 351,293