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|---|---|---|
|Trustees'
report||1-4|
|Independent
auditor's|report|5-7|
|Statement offinancial|activities||
|Balance sheet||9-to|
|Statement ofcash flows|||
|Notes to the financial|statements|12-22|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
|||Notes|6|8||6|6|8|
|Income from:|||||||||
|Donations
and|||||||||
|legacies||3|1,571||1,571|42,428||42,428|
|Income from|||||||||
|charitable
activities||4|1,618,973|141,699|1,760,672|1,622,695|34,380|1,657,075|
|Investment
income||5|914||914|58||58|
|Total income|||1,621,458|141,699|1,763,157|1,665,181|34,380|1,699,561|
|~Ex en Ltttf8gz|||||||||
|Charitable
activities||6|1,795,334|150,735|1,946,069|1,645,214|47,880|1,693,094|
|Net (expenditure)/income|||||||||
|for the yearl|||||||||
|Net movement|in funds||(173,876)|(9,036)|(182,912)|19,967|(13,500)|6,467|
|Fund balances at 1 April|||||||||
|2022|||1,220,330|12,661|1,232,991|1,200,363|26,161|1,226,524|
|Fund balances|at 31||||||||
|March 2023|||1,046,454|3,625|1,050,079|1,220,330|12,661|1,232,991|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|8||5||
|Fixed assets|||||||
|Tangible assets||||1,387,496||1,414,677|
|Current assets|||||||
|Debtors||12|107,558||129,549||
|Cash at bank and in|hand||644,052||785,161||
||||751,610||914,710||
|Creditors: amounts|falling due within||||||
|one year||14|(501,941)||(481,479)||
|Net current assets||||249,669||433,231|
|Total assets less current liabilities||||1,637,165||1,847,908|
|Creditors: amounts
more than one year|falling due after|15||(587,086)||(614,917)|
|Net assets||||1,050,079||1,232,991|
|Income funds|||||||
|Restricted funds||16||3,625||12,661|
|Unrestricted
funds||||1,046,454||1,220,330|
|||||1,050,079||1,232,991|
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|||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||6||
|Cash flows from operating|||activities|||||||
|Cash (absorbed
by)/generated|||from||20|||||
|operations|||||||(90,736)||243,870|
|Investing|activities|||||||||
|Purchase|oftangible fixed assets|||||(13,563)||(30,291)||
|Proceeds|from disposal oftangible|||fixed||||||
|assets||||||||1,944||
|Investment|income received|||||914||58||
|Net cash|used in investing||activities||||(12,649)||(28,289)|
|Financing|activities|||||||||
|Repayment|of bank loans|||||(37,724)||168,701||
|Net cash (used in)/generated|||from|||||||
|financing|activities||||||(37,724)||168,701|
|Net (decrease)/increase
in
equivalents||cash and cash|||||(141,109)||384,282|
|Cash and|cash equivalents|at beginning|||ofyear||785,161||400,879|
|Cash and|cash equivalents||at end of||year||644,052||785,161|
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|||2023f|2022|
|---|---|---|---|
||Grants and contracts|1,557,699|1,438,484|
||Assessments
and courses|175,577|209,147|
||Driving lessons|27,396|9,444|
|||1,760,672|1,657,075|
||Analysis
by fund|||
||Unrestricted
funds|1,618,973|1,622,695|
||Restricted funds|141,699|34,380|
|||1,760,672|1,657,075|
|5|Investment
income|||
|||2023|2022|
||Interest receivable|914|58|
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|Charitable
a|ctivities||||
|---|---|---|---|---|
||||2023
6|2022f|
|Staffcosts|||1,285,600|1,106,093|
|Vehide costs|||124,168|153,731|
|Related costs|||30,619|20,926|
|Training|||18,402|8,050|
|Loss on disposal ofmotor vehicles||||1,944|
|Bad debts|||450||
|Insurance|||40,639|35,690|
|Irrecoverable|VAT||25,402|3,558|
|Occupational|therapy|||16,457|
||||1,525,280|1,346,449|
|Share ofsupport costs (see note 7)|||407,384|325,249|
|Share ofgovernance||costs (see note 7)|13,405|21,396|
||||1,946,069|1,693,094|
|Analysis
by|fund||||
|Unrestricted|funds||1,795,334|1,645,214|
|Restricted
funds|||150,735|47,880|
||||1,946,069|1,693,094|
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|7|Support costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2023|Support|Governance|2022|
|||costs
8|costs
6||costs
8|costs
f||
||Depreciation|40,744||40,744|46,499||46,499|
||Property costs|162,880||162,880|150,005||150,005|
||Room hire||||(100)||(100)|
||Telephone,
postage and
stationery|46,407||46,407|38,964||38,964|
||ITcosts and equipment|||||||
||rental|69,171||69,171|52,271||52,271|
||Repairs and renewals|22,192||22,192|8,072||8,072|
||Advertising|6,844||6,844|336||336|
||Sundry expenses|26,782||26,782|11,199||11,199|
||Bank charges|32,364||32,364|18,003||18,003|
||Accountancy
fees||7,545|7,545||15,740|15,740|
||Legal and professional
fees||5,860|5,860||4,456|4,456|
||HR support|||||1,200|1,200|
|||407,384|13,405|420,789|325,249|21,396|346,645|
||Analysed
between|||||||
||Charitable
activities|407,384|13,405|420,789|325,249|21,396|346,645|
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|9|Employees|||||(Continued)|
|---|---|---|---|---|---|---|
||Employment
costs||||2023|2022|
||||||8|5|
||Wages and salaries||||1,154,054|1,005,932|
||Social security costs||||105,943|82,925|
||Other pension costs||||25,603|17,236|
||||||1,285,600|1,106,093|
||The number ofemployees|whose annual|remuneration|was more than 860,000|||
||is as follows:||||||
||||||2023|2022|
||||||Number|Number|
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|Tangible fix|ed asset|s|||||
|---|---|---|---|---|---|---|
||||Leasshoid|Fixtures and Motor vehicles||Total|
||||properly|fittings|||
||||8|8|||
|Cost|||||||
|At 1 April 2022|||1,389,171|77,538|54,926|1,521,635|
|Additions||||6,475|7,088|13,563|
|At 31 March|2023||1,389,171|84,013|62,014|1,535,198|
|Depreciation|and impairment||||||
|At 1 April 2022|||28,064|44,226|34,668|106,958|
|Depreciation|charged|in the year|14,032|16,805|9,907|40,744|
|At 31 March|2023||42,096|61,031|44,575|147,702|
|Carrying
amount|||||||
|At 31 March|2023||1,347,075|22,982|17,439|1,387,496|
|At 31 March|2022||1,361,107|33,312|20,258|1,414,677|
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|12|Debtors||||
|---|---|---|---|---|
||Amounts
falling due within one year:||2023
6|2022f|
||Trade debtors||45,442|ee,914|
||Other debtors|||4,327|
||Prepayments|and accrued income|62,116|58,308|
||||107,558|129,549|
|13|Loans and overdrafts||||
||||2023|2022|
||||5|5|
||Bankloans||618,551|656,275|
||Payable within|one year|31,465|41,758|
||Payable after|one year|587,086|614,517|
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|14|Creditors: amounts|falling due within one year||||
|---|---|---|---|---|---|
|||||2023|2022|
||||Notes|8|8|
||Bank loans||13|31,465|41,758|
||Other taxation and social security|||33,221|27,911|
||Trade creditors|||56,104|32,541|
||Other creditors|||355,661|339,355|
||Accruals and deferred|income||25,490|39,914|
|||||501,941|481,479|
|15|Creditors: amounts|falling due after more than one year||||
|||||2023|2022|
||||Notes||5|
||Bankloans||13|587,086|614,517|
||Other creditors||||400|
|||||587,086|614,917|
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||||||Movement|Movement|in funds|in funds||||Movement|Movement|in funds|in funds|in funds||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Balance||at|Incoming||Resources||||Balance at||Incoming||Resources|||Balance at||
|||1April|2021
f||resources
f||expended
f|||1April 2022
f|||resources
f||expended
f||31|March 2023
f||
|Manchester||||||||||||||||||||
|Grant||26,181||||||(13,500)|||12,661|||||(9,036)|||3,625|
|DFTCentre||||||||||||||||||||
|Development||||||||||||||||||||
|Fund|||||||||||||60,320|||(60,320)||||
|DFT Hubs|||||10,380|||(10,380)|||||51,600|||(51,600)||||
|DM||||||||||||||||||||
|Educational||||||||||||||||||||
|Courses|||||24,000|||(24,000)|||||22,553|||(22,553)||||
|Grant draw||||||||||||||||||||
|down daims||||||||||||||||||||
|via Driving||||||||||||||||||||
|Mobility|||||||||||||7,226|||(7,226)||||
|||26,161|||34,380|||(47,880)|||12,661||141,699||(150,735)||||3,625|
|The Manchester||grant|funding||is to be|utilised||for the||provision
of training
new||||members
of staff|||||and the|
|acquisition
ofa||premises||and|new vehides. The staff||||and||training
costs||were expensed|||in previous|||periods|
|and the assets||purchased||were capitalised|||in|accordance|||with standard||accounting||policies and|||are being||
|depreciated.|The above|||expenditure
in||this financial|||year relates
to|||depreciation|||of those assets||||and the|
|restricted
fund carried forward|||||is the net|book value of|||those assets.|||||||||||
|Analysis of|net|assets|between funds|||||||||||||||||
|||||Unrestricted||Restricted|||||Total Unrestricted||||Restricted||||Total|
||||||funds|||funds|||||funds|||funds||||
||||||2023
f|||2023
f|||2023
f||2022
f|||2022
f|||2022
f|
|Fund balances at 31||||||||||||||||||||
|March 2023|are|||||||||||||||||||
|represented|by:|||||||||||||||||||
|Tangible assets|||||1,383,871|||3,625||1,387,498||1,402,016||||12,661||1,414,677||
|Current assets/(liabilities)|||||249,669||||||249,669||433,231||||||433,231|
|Long term liabilities|||||(587,086)||||||(587,086)||(614,917)||||||(614,917)|
||||||1,046,454|||3,625||1,050,079||1,220,330||||12,661||1,232,991||
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||2023
f|2022f|
|---|---|---|
|Within one year|95,316|84,140|
|Between two and five years|332,844|276,167|
|In over five years|1,292,096|1,229,831|
||1,720,256|1,590,138|
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|2023f|2022f|
|---|---|
|212,738|188,036|
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|20|Cash generated|from|operations|operations||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||8||
||(Deficit)/surpus
for the||year|||||(182,912)|6,467|
||Adjustments
for:|||||||||
||Investment
income recognised
in|||statement|offinancial|activities||(914)|(58)|
||Depreciation
and|impairment
oftangible fixed assets||||||40,744|46,499|
||Movements
in working||capital:|||||||
||Decrease
in debtors|||||||21,991|421,745|
||increase/(decrease)
in||creditors|||||30,355|(230,783)|
||Cash (absorbed|by)/generated||from operations||||(90,736)|243,870|
|21|Analysis ofchanges||in net funds|||||||
||||||||At 1 April 2022|Cash flowsAt 31 INarch 2023||
|||||||||8||
||Cash at bank and|in hand|||||785,161|(141,109)|644,052|
||Loans falling due|within|one year||||(41,758)|10,293|(31,465)|
||Loans falling due|after|more than|one year|||(614,517)|27,431|(587,086)|
||||||||128,886|(103,385)|25,501|