Company registration number.. 05307806 Charity registration number: 1107981 BURYSHOPMOBILITY (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS 31 MARCH 2024
BURYSHOPMOBILITY CONTENTS Reference and Administrative Details Trustees Report 2to3 Statement of Trustees, Responsibilities Independent Examiner's Report 5t06 Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9t017
BURY SHOPMOBILITY REFERENCE AND ADMINISTRATIVE DETAILS Chairman Mr DE Reeve Trustees Mr DE Reeve Ms M Jones Miss E Housley Mrs P A Cortman MrA Murphy Ms C Houlker MSJ Williams Secretary Miss E Housley Charity Registration Number 1107981 Company Registration Number 05307806 The charity is incorporated in England and Wales. 34 Minden Parade Bury Lancashire BL9 OQG Regbstered Office Independent Examiner Horsfield & Smith Tower House 269 Walmersley Road Bury Lancashire BL9 6NX
BURY SHOPMOBILITY TRUSTEES REPORT The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors, report of the charitable company for the year ended 31 March 2024. Chairman's Report The year saw a Strong performance in m05t areas. Although booking5 and memberships were slightly down on expectations a sterling fundraisirsg effort more than compensated for it. 2 grants were secured totalling £4,600. These funded a replacement front fence and a ccrv system which was deemed necessary following a burglary. Tombolas and revenue from surplus equipment were buoyant. The fundraising team deserve praise fortheir efforts. Higher HSBC deposit rates became available and these resulted in a higher income stream. Total income was £8,727 higher than budget, a remarkable result. General overheads were £722 below budget, there was an unused lease cost provision of £1,000. The overspend in building repairs was due to the Cm and fence replacement. The loss for the year was £5,121 Ibudget loss £9,970). This was an improvement on the prior year loss of £8,497. Staff report A faithful band of 7 volunteers, 2 staff and 7 trustees oversaw the operation. They turn up in all weathers and are key to our survival. As usual I must thank all our staff, volunteers and many supporters for supporting Bury Shopmobility. PlansfvrAuture periods A loss making budget for 2024/25 of £5,800 was approved at Board level. Achieving this result will protett our cash reserves and prolong our existence for a substantial period of tim Don Reeve Chairman Structure. governance and management Legal Status Bury Shopmobility was registered as a Charity (Registered number ." 1013629} on 13th August 1992 under a constitution adopted on 31st July 1992. On the 8th December 2004 Bury Shopmobility incorporated and re-registered with the Charity commission on the 7th February 2005 (Registration number: 11079811.
BURY SHOPMOBILITY TRUSTEES REPORT Objectives and activities Public benefit The objectives of the Charity are to improve the mobility and conditions of life of disabled persons in Bury by providing facilities, in particular wheelchairs, both battery drtven and manual driven scooters and other similar equipment for use in the town centre of Bury. This service shall be offered with regard to the user's individual needs and in pursuit of equal opportunities. The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The annual report was approved by the trustees of the charity on behalf by: and signed on its Miss E Hou51ey Company secretary and trustee Trustees and offlcers The trustees and officers serving during the year and Since the year end were as follows: Trustees: Mr DE Reeve Ms M Jones Miss E Housley Mrs P Acortman MrA Murphy Ms C Houlker M5 J Williams Chairman: Mr DE Reeve Secretary: Miss E Housley Disc105ure of information to auditor Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
BURY SHOPMOBILITY STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Bury Shopmobility for the purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statement5 for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, including its income and expenditure, of the charitable company forthat period. In preparing these financial statements, the trustees are required to: select Suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irreBU larities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial 5tatement5 may differ from legislation in other Jurisdictions. Approved bythe trustees of the charity on and signed on its behalf by: Mi55 E Housley Company secretary and trustee
BURY SHOPMOBILITY INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF BURY SHOPMOBILITY ('THE COMPANY,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company {and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitVs accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5){b) of the 2011 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited 35surance that an independent examination can provide. Consequently l express no opinion as to whether the accounts present a 'true and fairf view and my report is limited to those specific matters set out in the independent examinerfs statement. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe". l. accounting records were not kept in respect of Bury Shopmobility as required by section 386 of the 2006 Act. or 2. the account5 do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination," or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)]. 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 accounts to be reached.
BURY SHOPMOBILITY INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF BURY SHOPMOBILITY ('THE COMPANY,) 7J Peter Nicol Bsc FCA Tower House 269 Walmersley Road Bury Lancashire BL9 6NX
BURY SHOPMOBILITY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES) Total 2024 Total 2023 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Other trading activities Investment income 26,820 6,227 2,580 4,600 31,420 6.227 2,580 26,350 5,065 220 Total Income 35,627 4,600 40,227 31,635 Expenditure on: Charitable activities 140,7481 {4,6001 (45,348} {40,132) Total Expenditure 140,7481 {4,6001 (45,3481 {40,132} Net expenditure {5,121} {5,121) {8,497} Net movement in funds {5,121} (5,121) {8,497) Reconcillation of funds Total funds brought forward 94,725 94,725 103,222 Total funds carried forward 15 89,604 89,604 94,725 All of the charity's activities derive from continuing operatlons during the above two periods. The funds breakdown for 2023 is shown in note 15.
BURYSHOPMOBILITY BALANCE SHEET AS AT 31 MARCH 2024 (REGISTRATION NUMBER: 05307806) 2024 2023 Note Fixed assets Tangible assets li 789 1,809 Current assets Debtors 12 4,105 86,340 1,528 93,313 Cash at bank and in hand 13 90,445 94,841 Creditors: Amounts falling due within one year 14 (1,6301 11,925) Net current assets 88,815 92,916 Net assets 89,604 94,725 Funds of the charity: Unrestricted income funds Unrestricted funds 89,604 94,725 Total funds 15 89,604 94,725 For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dirertors, responsibilities: The members have not required the charity to obtaln an audit of its accounts for the year in question in accordance with section 476,. and The directors acknowledge their responsibilitie5 for complying wtth the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 7 to 17 were approved by the trustees, and authorised for issue on. i.l.jQ.2fand signed on their behalf by: Mr DE Reeve Chairman and Trustee
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 I Charity status The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is: 34 Minden Parade Bury Lancashire BL9 OQG 2 Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated, Statement of compliance and basis of preparation The financial statements have been prepared in accordance with Accounting 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 (FRS 1021 {effective l January 2015) - Icharities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011. Bury Shopmobility meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going concern The trustees consider that there are no material u ncertainties about the charity's ability to continue as a going concern nor any signtficant areas of uncertainty that affect the carrying value of a55ets held by the charity. Income and endowments Voluntary income represents amounts received and recorded at offices and projects during the year. No costs of fundraising have been netted against voluntary income. Fundraising expenditure represents the direct costs of fundraising. Publicity costs directly related to fundraising are included in the fundraising costs.
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Donations and legacies This comprises amounts received during the year. Gronts receivable These comprise amounts recetvable during the year. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the a55et's use. Other support costs are allocated based on the spread of staff costs. Charitable artivities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and seNices for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audtt, strategic management and trustees meetings and reimbursed expenses. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusNely to charitable purposes. Tangible fixed assets Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. io
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Leasehold properties Furniture, fixtures & fittings Office and computer equipment Wheelchairs and scooters Depreciation method and rate 10% straight line per annum 33 1/3% straight line per annum 33 113% straight line per annum 33 113% straight line per annum Cash and cash equivalents Cash and cash equivalent5 comprise cash on hand and call deposits, and other short-term hlghly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Fund accounting Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Financial instruments Clossification Financial assets and financial liabilities are recognised when the charity becomes a party to the contrattual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contrattual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. li
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 3 Income from donation5 and legaties Unrestrlcted funds General Restricted funds Total funds Donations and legacies; Usage contributions Friends of Shopmobility Grants, including capital grants; Grants from companies Regular giving and capital donations 12,296 860 12,296 860 4,600 4,600 13,664 13,664 Total for 2024 26,820 4,600 31,420 Total for 2023 26,350 26,350 4 Income from other trading activities Unrestricted funds General Total funds Local fundraising and street collection income Membership subscrlptions 5,267 960 5,267 960 Totsl for 2024 6,227 6,227 Total for 2023 5,065 5,065 5 Investment income Unrestricted funds General Total fvnds Interest receivable and similar income; Interest receivable on bank deposits 2,580 2,580 Totsl for 2024 2,580 2,580 Total for 2023 220 220 12
BURYSHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 6 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 Allocated support costs Governance costs 38,741 2,007 4,600 43,341 2,007 38,210 1,922 40,748 4,600 45,348 40,132 In addition to the expenditure analysed above, there are also governance costs of £2,00712023 £1,922) which relate directly to charitable activities. See note 7 for further details. 7 Analysis of governance and support costs Governance costs Unrestricted funds General Total funds Independent examiner fees Examination of the financial statements 1,032 423 552 1,032 423 552 Other fees paid to examiners Other govemance costs Total for 2024 2,007 2,007 Total for 2023 1,922 1,922 8 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. 13
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 9 Independent examiner's remuneration 2024 2023 Examination of the financial statement5 1,032 930 Other fees to examiners Payroll administration fees 423 330 10 Taxation The charity is a registered charity and is therefore exempt from taxation. 14
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11 Tangible fixed assets Land and bulldings Furniture and equipment Motor vehicles Total Cost At l April 2023 62,383 3,230 28,732 94,345 At 31 March 2024 62,383 3,230 28,732 94,345 Depreciation At l April 2023 Charge for the year 62,383 3,230 26,923 1,020 92,536 1,020 At 31 March 2024 62,383 3,230 27,943 93,556 Net book value At 31 March 2024 789 789 At 31 March 2023 1,809 1,809 12 Debtors 2024 2023 Prepayments 4,105 1,528 13 Cash and cash equivalents 2024 2023 Cash on hand 183 281 Cash at bank 86,157 93,032 86,340 93,313 14 Creditors: amounts falling due within one year 2024 2023 Accruals 1,630 1,925 15
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15 Funds Balance at I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestrirted Unrestricted generalfunds General Funds 12,725 35,627 {40,748} Unrestricted designatedfvnds Designated Funds 82,000 82,000 Total unrestricted 94,725 35,627 140,7481 89,604 Restricted {4,600) 4,600 Total funds 94,725 40,227 (45,348} 89,604 Balance at I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unrestricted Unrestrirted generalfunds General Funds 21,222 31,635 (40,132} 12,725 Unrestrirted designutedfunds Designated Funds 82,000 82,000 Total funds 103,222 31,635 {40,132) 94,725 16
BURY SHOPMOBILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16 Analysi5 of net assets between funds Unrestricted funds General Total funds at 31 March 2024 Tangible fixed assets Current assets 789 789 90,445 (1,6301 90,445 (1,630) Current liabilities Total net asset5 89,604 89,604 Unrestrirted Total funds at funds 31 March General 2023 Tangible fixed assets Current asset5 Current liabilities 1,809 94,841 11,925) 1,809 94,841 {1,925} Total net assets 94,725 94,725 17