Charity registration number 1122214 {England and Wales) Company registratlon number 05962393 REGIONAL DRIVING ASSESSMENT CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REGIONAL DRIVING ASSESSMENT CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Truslees Mr P Mccormick Mr M N Nelson-smith Mr G Russell MrA M Chishli Ms K B Forbes MrREHeap Dr M J Pearson Mrs D Roadnight Mr M Roadnight (Appointed 14 June 2025) (Apwinted 10 June 2025) Secrètary Ms C Brown Charity number {England and Walos) 1122214 Company number 05962393 Reglstered offlce Patrick Fam Bams Meriden Road Hamplon-In-Arden Solihull United Kingdom B92 OLT Audltor Orrnerod Rutter Limited The Oakley Kidderminster Road Dmitwich Worcestershire WR9 9AY
REGIONAL DRIVING ASSESSMENT CENTRE CONTENTS Page Trustees, report Independenl auditor's report Slalement of financial activities Balance sheet 10-11 Slalemenl of cash flows 12 Notes lo the financial slaternents 13-24
REGIONAL DRIVING ASSESSMENT CENTRE TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR EhlDED 31 MARCH 2025 The Trustees present their annual report and flnanclal statements for the year ended 31 Mah 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial stalements and comply with the charitS goveming document, the Companie5 Act 2006 and 'Accounting and Reporling by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnanclal Reporting Standard applicable in Ihe UK and Republlc of Ireland (FRS 102) {effective 1 January 2019).. The charity also trades und&r the name RDAC. Objectives and acthiltles Policies and objectives The charit5 activities and services are summarised in its Mission Statement. i.e. to empower people with accessibility needs by providing indlvldual mobllity solutions. supporting Independence and safety in theirJoumeys. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and pèrformance Revlew of activitiOS The Regional Driving Assessment Centre IRDAC) is one of the 20 Gentres across the UK accredited by Driving Mobility IDM) to help the elderly and disabled people achieve indeperjdent mobility- The charity was established in 2006 and started trading in 2007. Having originally been based in Birniingham. in March 2020, our Head Office facility moved to purpose-bulll accommodalion in Hampton in Arden. Solihull. We operate 2 a¢¢redited centres, Solihull and Manchester which support. 5 satellite cenlres which operate at leasl 4 days a week. and 2 outreach centres which operate 3 days a week. Achievemenls As with many organisations. the 2024-2025 year has continued to have its business challenges, with a number of financial pressures from the first budget of a new government and the global impacl on premises. utilities and consumables costs. The organisation conth'nued to benefit from the ongoing support of the Department for Transport and our involvement wilh the Driving Mobility ¢harity- Over the year. the hard work and dedicalion of RDAC staff has 6nabled Ihe chalknges ofworking in the sector to be met. There were changes to the sénior management team during the year, the Chlef Executive Officer left In April of 2024 after being al RDAC for almost 4 years. their responsibilities being allocated to other senior managers. A new Chlef Executive Officer. Clalre Brown came into post at the end of June 2024. bringing experience from the wider Ihird s8ctor and immediately working towards a sustainable organSsalion. The RDAC Driving School and paedialric clinics conlinued both al the Solihull and Manchester ntre5 in addition to specific theory test support to engage learners who were struggling lo get progress before practlcal lessons. Throughout th6 year. RDAG staff were involved in a nurnber of exhibitions and events across the region to promote and develop both RDAC and Driving Mobility servlces. During the year, a successful pre5enlalions to engage referral agencies. clienls. stsff from local NHS, Third sector and representative community organisations, ensured that RDAC continued to build partnerships èxtemally. RDAC stsff continued to sucsSJ71Y undertake their academic qualifications through Oxford Brooks University. A number of these face-to-face Iraining I teathing sessions were held at our cenlres. RDAC staff continued to provide expertise in several working gioups and the CEO was nominated lo join the board of Driving Mobility- RDAC also acted as host l trainers for the training of new drivlng assessment slaff. both from other cenlres in the UK and from overseas.
REGIONAL DRIVING ASSESSMENT CENTRE TRUSTEES. REPORT IINCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Specific aspects have included.. - Ongoing staff training and development wilh a specific fo¢us on impTovements in ¢uslomer service, busines5 improvements towards efficiency, diversity and inclusion and dealing with difficult Gonversations. Improvement of Accreditation Standards specffically on wailing times for clients, the customer joumey, report writing and improving the consistency of assessment processes. RDAC undertook a health and safely review and developed a corporate risk r8gister with linked operational rlsk procedures and a review of insurance cover for Ihe organisation. Staff were involved in developing 2 new sel of values and behaviors for the organisation, outlining the cullural standards RDAC wants lo promote for the benefil of staff and clients. The senior management leam developed a new 5-year strategy for the organisalion with clear goals in developing a sustainable person<entered fulure for RDAC. Regular Trustees meetings and Truste&s being involved in all colleague meetings, a new Finance an govemance subgroup and external DM evenls. Review of both internal and external targets. developing and implementing a new appraisal process which included value-based targets. Use of the RDAC facilities for both RDAC and DM activities. RDAC hosted 2 training sessions which other DM and Ihiid sector organisations were able to benefit from busine55 improvement training. Internal communicalion was reviewed and monthly staff all colleague meetings were instigated, further use of the online HR systems streamlined the roll out of online compliance training and regular polScy and process updates. Quarterly praclicg meelings were established for the OT and ADI professiona15 10 improve practice sharing and ensure informal training opportunities were in place. During November 2024. 1 trustee resigned. During June 2025. 2 new Iruslees were appoinled. Flnan¢lal revlèw RDAC undertook a full financlal review in 2024 due to financial pressures extemally and a lack of increased funding, the review led lo consolidallon of operational services reducing the number of smaller outreach centres by 5. In addition new flnance processes were develcped alongside a new aGcountant Jane Collins, whlle Debbie Barnett left the organisation a5 Ihe finance officer.
REGIONAL DRIVING ASSESSMENT CENTRE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reserves policy The trustees have considered the level of reserves they wish lo relain. appropriate to the chariws needs and ongoing obligations. In 2024. the year started with continued uncertainty over the VAT position of the charity. and il was deemed pnjdenl lo hold sufficient free reserves to cover any potenllal repayment which might occur In the future. The VAT position was resolved by the end of December 2024 but wlth a significant liability to Ihe charity of £429.124. This wmprises of 'overclalmed' VAT of £363,47S and a partial interest charge of £65.649. Amounts previousty provided for in Ihe financial stalèmenls were £335,875 meaning ther8 is unexpected expenditure added to the 2024-25 Stalemenl of Financial Posltion to account for the interest element and under provision of overclaimed VAT. The RDAC board are already seeking ministerial support lo question the high interesl charge. In the meantime RDAC have a payment agreement to ensure reserves for the maximum lime pertod while new funding opportunities are secured. The charity deregistered for VAT on 31 March 20205 and has a clearer position on any elements of the organisation which would need to be VAT registered if developed. Total funds held amount lo £920.117 (2024.. £970,427) of which £NII {2024.- £Nil) 15 reslricled. The charity has no designated reserves. The net book value of assels are £1,333,799 {2024: £1,357,524) which would be required to be disposed of to realise funds. Plans for fuluro periods At the end of March 2025. the RDAC Chief Executive and board agreed the 5 year strategy and plans were developed into a¢ttons quickty, ensuring the growing relationship with current funders like the Department For Transport. DVLA and the Motability Foundation continued. The plans for 2025-2030 include:_ Developing new services to support mature driver appraisals, more family taeing support. better access assessments. access lo a¢SSIble tlight support and a service aimed al widened support for young disabled drivers lo complete the whole process of leaming lo drive. Succession planning against an organisational structure which is fit for the luture. Developing operations lo reach 7,000 assessments but growing sustainably across the region. Improving our website and communications to ensure they are a¢¢e$sible and future fft for Al marketing. RDAC will Continue lo put people at the centre of what we do reeognising achievements, ensuring professional excellence and using innovation to continuously improve. Implement a fundraising strategy lo diversify sources and suslain the organisalion. Embed a values based culture which supports innovation and leadership. structure, govemance and management Govorning document The charlly is controlled by its governing document, a deed of trust, and conslitutes a limited company, limited by guarantee. as defined by the Companies Act 2006. Trustees The Trustees, who are also Ihe directors for the purpose of company law, and who served during the year were-. Mr P Mccomiick Mr M N Nelson-smith Mr G Russell Mr P Seedhouse MrA M Chishti Ms K B Forbes MrREHeap Dr M J Pearson Mrs D Roadnight Mr M Roadnight (Resigned 14 November 2024) {Appointed 14 June 2025) {Appoint8d 10 June 2025)
REGIONAL DRIVING ASSESSMENT CENTRE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Method of appointment or election of Trustees The Trustees are elected al the annual general meeting and subject to re*leGtion at each subsequent Annual General Meeting. The directors of the company are a150 the charity Iru5tees for the purposes of company law, and sèrve as members of the Managemenl Committee. Those who setved during the yeAr are shown in the legal and administrative details. All m8mbeTS of Ihe Managemenl Commirtee give their tim& voluntarily and receive no benefits from the charitable company apart from expenses reclaimed as disclosed in the notes to the accounls. We recruit through word-of-mouth, through voluntary agencies and by direct approach lo people who have skills that we require. In accordance with our Memorandum and Articles of Association members are nominated and elected al ourAnnual General Meeting. We can also co-opt members throughout the year. OrganisatiOTJal structure and decision making The organisalion is run by the Board of Trustees. The Chief Executive (Claire Brown), supported by the Senior Management Team, is responsible lo the Trustees. Policies adopted tor the induction and training of Trustees The Trustees in conjunction with the CEO have now produced an updated induclion and training policy which requires the Chair of the Trustees and the ROAC management team to 8nsure the induction process is carried out effectively. statement of Trustees. responslbillties The Trustees, who are also the directors of Regional Driving Assessment Centre for the purpose of company law. are responsible foi preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Praclicel. Company law reqLtires the Trustees lo prepare financlal statements for each financial year whlch give a ITue and fair view of the slate of affairs of the Gharity and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that year. In preparing these financial ststements, the Trustees are required lo: se18cI suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP: make judgements and eslimales that are reasonable and prudent- slate whether applicable UK Accounting Standards have been followed. subject lo any material departur8s disclosed and explained in the financial statements: and prepare the financial Statements on the going concem basis unless il is inappropriate lo presume that the charity will conllnue in operallon. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable a¢¢ura¢y al any lime the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguaiding the assets of Ihe ¢harily and hence for taking reasonable steps for the prevention and deleGlion of fraud and olher irregularities. Auditor In accordance with the company's articles, a resolution proposing that Ormerod Rutter Limited be reappointed as audilor of Ihe Company will be put at a General MeBting.
REGIONAL DRIVING ASSESSMENT CENTRE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 DisGlosuro of inforniation to auditor Each of the Trustees has confimied that there is no InfOallOn of whloh they are aware which is relevant lo the audit, but of which the auditor is unaware. They have further confirmed that Ihey have taken appropriate s18PS to identify such relevant infomiation and lo establish that the auditor is aware of such information. The Trustees.. rtwas approved by the Board of TTu$tee5. MrREHeap Trustee Dale: ..
REGIONAL DRIVING ASSESSMENT CENTRE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF REGIONAL DRIVING ASSESSMENT CENTRE Opinion We have audited the financial statement5 of Regional Driving Assessment Centre {Ihe 'charity') for the year ended 31 March 2025 which comprise the slalement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, inGluding a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. Including Flnancial Reporting Standard 102 The Financial Reporting Slandard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion. the financial stalernents- give a true and fair view of the stale of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended., have been properly prepared in accordance with United Kingdom Generally A¢¢epled Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for opinion We conducted our audit in accordance wilh International Standards on Auditing (UK) {ISAs IUK)) and applicable law. Our responsibilities under those standards are further described In the Auditors responsibilities lor fhg audit of Ihe financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our aLJdil of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibililies in accordance with these iequiremenls. We believe that the audil evidence we have obtained is sulTicient and appropriate lo provide a basis for our opinS0n. Conclusions relating to golng coneern In audiling the financial slalements. we have concluded that the Truslees. use of the going concern basis of accounting in the preparation of the financial ststements is appropriate. Based on the work we have performed, we have not idenlified any material uncertainties relating lo events or condition5 that, individually or collectively, may casl significant doubl on the charily s ability lo continue as a going concem for a period of at least iwelve rnonths from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. other information Tho Other inforrnation comprises the information included in Ihe annual report other than the financial slalements and our auditor's report thereon. The Trustees are responsible for the other information Gontained wilhin the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other informatiOT) and. in doing 50, consider whether the other informalion is materially inconsistent with the financial slalernents or our knowledge obtained in the course of the audit. or otherwise appears to be rnalerially misstated. If we idenlify such material incon51Sten¢ies or apparent material misslatemenls, we are required to detemiine whether this gives rise to a material misslatemenl in the financial statements Ihemselves. If. based on the work we have performed, we conclude that there is a material misstatement of this other informalion, we are required to report thal fa¢l. We have nothing to report in this regard. Matters on which wg are requlred to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require5 us lo report to you if, in our opinion: the information given in the financial slalements is inconsi5tenl in any material respect with thè Trustees, report" or sufficient accounting records have not been kept-, or the financial slatements are not in agment with the accounting records: or we have not received all the information and explanations we require for our audit.
REGIONAL DRIVING ASSESSMENT CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF REGIONAL DRIVING ASSESSMENT CENTRE Responsibilitles of Trustees As explained more fully In Ihe statement of Truslees, responsibilities, the Trustees. who are a150 the directors of the charity for the Purpose of company law. are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such intemal control as the Trustees detemiine is necessary to enable the preparation of financial statements that are free from malerial misstatement. whether due to fraud or emr. In preparing the financial statements. the Trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosiftg, as applicable, matters related to going concem and using the going concern basis of accounting unless the Truslees either intend to liquidate the charitable company or to cease operations, or have no realislic altemative but to do so. Auditorfs responsibilities for the audlt of the fjnancial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report Sn accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assuranc8 about whether the financial slalements as a whole are free from malerial misstatement, whelher due to fraud or error, and to issue an auditor's report thal includes our opinion. Reasonable assurance Is a high level of assurance bul is not a guarantee that an audit conducted in accordan with ISAS (UK) will alway5 delecl a materlal mlsstatemenl when il exists. Misstatements can arise from fraud or eor and are considered malerial rf, individually or in the aggregate. they could reasonably be expected lo influence the economic decisions of users taken on the basis of these flnancial statements. Irregularities, ineluding fraud. are instan¢es of nonthcompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, io detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, Including fraud, is detailed below. Based on our understsnding of the charitable ¢ompany. we identiffied the principal risks of non<ompliance with laws and regulations including those thal have a direct impact on the preparation ol the financial statements and the extent to which non-compliance mighl have a material effecl on Ihe financial slatemenls. Audit proodures performed included discussions with management, review of board meeting minules. lesting of journals. designing and performing audit procedures and challenging assumptlons and judgements made by management in relation lo accounting estimates. There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflecled in the financial statements. Aso. the risk of not detecting a tnaterial misslalemenl due to fraud is higher Ihan the risk of not detecting one resutting from error, as fraud may involve deliberate concealment by, for example, forgery or intenlional misrepresentations. or through Collusion. A further descrtption of our responsibililias is available on the Financial Reportlng Councll's webslte at.. https'.11 www.frc.org.ukJauditorsresponsibililies. This description forms part of our auditor's report. Use of our report This report 15 made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities {Accounls and Reports) Regulation5 2008. Our audit work has been undertaken $0 that we might state to the charity's trustees those matters we are required to State to thern In an auditor's report and for no other purpose. To the lullest extent permitted by law. we do not gG¢ept or assume responsibility to anyone other than the charlty and the charily s Iwstees as a body, for our audit work. for this report, or for the opinions we have formed.
REGIONAL DRIVING ASSESSMENT CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF REGIONAL DRIVING ASSESSMENT CENTRE Colm McGrory FCA (Senlor Statutory Auditor For and on behalf of Ormerod Rutter Lirniled, Statutory Auditor Chartered Accountants The Oakley Kidderminsler Road Droitwich Worceslershire WR9 9AY Date: .?.l.1.1120U.. Ormerod Rutter Limlled is eligible for appoinlment as auditor of the Charity by virtue of its eligibility for appoinlmenl as auditor of a company under seclion 1212 of the Companies Act 2006.
REGIONAL DRIVING ASSESSMENT CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrlcted funds funds 2025 2025 Total Unrestricted Restrictod funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Investments Other Income 185 1,836,038 9.795 11.419 185 114,608 1,950.646 9,795 11.419 50 94.600 1,838,681 7.270 5,470 1.744,081 7.270 5,470 Total incomo 1.857,437 114,608 1,972.045 1.756.871 94.600 1.851.471 ExndItUre on: Charitable activities Other expenditure 1.814.495 93.252 114,608 1,929.103 93.252 1.832,898 98,225 1,931,123 13 Total expendlture 1.907,747 114.608 2.022,355 1.832,898 98.225 1,931.123 Net expenditure and movemenl in funds 150,3101 (50.3101 176.0271 (3,625) 179,652) Reconciliatlon of funds: Fund balances al 1 April 2024 970,427 970.427 1.046,454 3,625 1,050,079 Fund balances at 31 March 2025 g20,117 920.117 970,427 970,427 The statement of financial activities in¢ludes all gains and losses recognised in the year. All income and expenditure derive from conlinuing artiviti"es. The statement of financial activities also complies with the requirements for an income and expenditure account under Ihe Companies Acl 2006.
REGIONAL DRIVING ASSESSMENT CENTRE BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed asset5 Tangible assets 15 1.333,799 1,357,524 Current a5$ets Debtots Cash at bank and in hand 16 113,140 455,274 82,227 651.371 568,414 733,598 Creditors: amounts falling due within one year 18 {446,948) {549,915) Net ¢urrent assets 121,466 183.683 Total assels less current Ilabilitles 1.455.265 1,541.207 Creditors: amounts f811ing due after more than one year 19 1515,1481 (550,780) Provision for other liabilTties 20 (20,000) 120,0001 Net assets 920,117 970,427 The funds of Ihe ¢harlty Unrestricted funds 26 920,117 970,427 920,117 970,427 10
REGIONAL DRIVING ASSESSMENT CENTRE BALANCE SHEET (CONTINUED) ASAT31 MARCH 2025 The company is entitled lo the exemption from the audit requiremenl wntained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. although an audit has been carried out under seGtion 144 of the Charities Act2011. The Trustees acknowledges their responsibilities for ensurfng that the charity keeps accounllng records which comply with section 386 of the Ael and for preparing financial statements which give a true and fair view of the slate of affairs of the company as al the end of Ihe financial year and of its incoming resources and application of resources. including ils income and expenditure, for the financlal year in ac¢ordance wilh the requ1mentS of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as appNcable to the company. The members have not required the company to obtain an audit of its ffin8ncial statements under the requirements oflhe Comp8nies Act 2006, for the year in question in a¢¢ordance with section 476. These financial statements have been prepared in accordance wilh the provisions applicable lo companies subjecl to the small companies reglme. The financial statements wère approved by the Trustees on Mr REHeap Trustee Company registration number 05962393 (England and Wales)
REGIONAL DRIVING ASSESSMENT CENTRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating actlvities Cash {absorbed by)Igenerated from operations 24 1181,3241 31,734 Investing a¢tlvities Purchase of tangible fixed assets Proceeds from disposal of tangible fixed assets Investment incom8 CeIved {4,195} (5,807) 14,994 9,795 6.971 7.270 Nel cash generated from investing activities 20,594 8,434 Flnanclng actlvltles Repayment of bank loans (35,367) (32.849) Net cash usod in finan¢lng a¢tivitios {35.3671 (32.849) Nel {decreasellincrease in cash and cash equlvalents 1196.0971 7,319 Cash and cash equivalents at beginning of year 651.371 644,052 Cash and cash equfvalents at end of year 455.274 651,371 12-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AGGounting policies Charity Information Regional Driving Assessment Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is Palrick Farm Bams. Meriden Road, Hamplon-In-Arden, Solihull, B92 OLT, United Kingdom. 1.1 Accountlng conventlon The financial statements have been prepared in accordance with Ihe charity's governing documenl, the Companies Act 2006 and "Accounting and Reporting by Charilies.- 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 leffeclive 1 January 2019>.. The charity is a Publi Benefit Entity as defined by FRS 102. The financial slalemenls are prèpared in sterling, which Is the functional currency of the charty. Monetary amounls in these financial slalemenls are rounded lo the neaTesl £. The financial statements have been prepared under the historical cost convention. The prin¢ipal accounllng policies adopted are set out below. 1.2 Golng conc•m At the Ilme ol approving the financial statements, the Trustees have a reasonable expeclalion that the Charity has adequate resources lo continuè in operational existence for Ihe foreseeable future. Thus the Trustees continue to adopt the going con¢em basis of accounting in preparing thg financlal statements. 1.3 Charltable funds Unreslricled funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Reslricled funds are subject to specific condillons by donors or grantors as lo how they may be used. The purposes and uses of the restricted funds are sel out in the notes to the financial slatemenls. 1.4 Incomlng resources In¢ome is recognised when the charity is legally enlilled lo it after any performance conditions have been met, the amounts ¢an b& measured reliably, and il 1$ probable that income will be received. Cash donations are recognised on receipl. Other donations are recognised once the charity has been notified of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations reGeived under Gift Aid or deeds of covenant is reGo9nised at the lime of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, Ihe amounl is known, and receipt is expected. 11 Ihe amount is not known. the legacy is Irealed as contingent ass81. Government grants are recognised at the lair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be recelved. A grant that 5pecrfies performance conditions is recognised in income when the perforrnance conditions are met. Where a grant does not specify pgrformance conditions it is recognised in incorne when the proceeds are reiVed or reeeivable. A grant received before the recognition criteria are salisfi8d is recogni5ed a5 a 13-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢countlng pollcies (Continued) 1.5 Resources expended Liabilities are recognised as expendlture as soon as there is a legal or conslruclive obligalion committing the charity to that expenditure, il is probably that a transfer of economi¢ benefits will be required In settlement and the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to Ihe category. Where costs cannot be directly attrlbuted lo particular headings, they have been allocated to activlties on a basis consistent with the use of resources. 1.6 Tanglbl• fixed assals Assets costing £1.000 or more are capitalised as tangible fixed assets and are cartied al cost or valuation, net of depreciation and any impalrment losses. Depreciation is recognlsed $0 as lo wrile off the cost or valuation of assets less Ihelr resldual values over their usefijl lives on Ihe following bases.. Leasehold property Fixtures and fittings Motor vehicles over the leasè tem 200/0 on cost 250/0 on cosl The gain or loss arising on the disposal of an asset is delemiined as the dtflerencg b&leen the Sale proceèds and thé carylng value of the asset. and 1$ re¢ognised in the statement of financial activities. 1.7 Impairment of fixed assets Al each reporting end date, the charity reviews the carrying amounts of its tangible assets lo determine whether there Is any Indication Ihal those assets have suffered an Impalmient loss. If any such indlcation exisls, the recoverable amount of the asset is estimated in order lo determine the exlent of the impairment loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents Include cash in hand. deposits held at call with banks, other short-tem) liquid investrnents wilh original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown wilhin borrowings in current liabilib'es. 1.9 Finan¢ial instruments The charity ha5 elected to apply the provisions of Section 11 'Baslc Financial Instruments, and Section 12 'Olher Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial Instruments are recognised in the charivs balance sheet when the ¢harity becomes party to the contractual provlsion5 of the instrurnent. Financial assets and liabilities are offset, wilh the nel amounls presented in the financial statements, when there is a legally enforceable righl to sel off the recognised amounts and there is an intention lo settle on a net basis or to r8ali5e the asset and settle the liability simultaneously. Basic financial a55els Basic financial assets. which include debtors and cash and bank balances, are initl8lly measured al transaction price including Iransaclion costs and are subsequenlly carrted at amorlised cost using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the future Teceipts discounted at a market rale of interest. Financial assets classified as receivable within one year are not amortised. 14-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies Icontlnuedl Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement conslilules a financing Iransaclion, where the debt instrument is measured al the present value of the lulure payments discounted at a markel rale of interest. Financial liabilities classified as payable within one year are not amortlsed. Debt Inslruments are subsequendy carried al amortised cost. using Ihe effective interest rale melhoé, Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-Gurrenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured al amortised cost using the effective interest method. 1.10 Provlslons Provisions are recognised when the charity has a legal or constructive Present obligation as a resull of a past evenl, it Is probable that the charity wlll be required to settle th81 obligation and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required lo settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expecled lo be required to settle the obligation 15 recognised al present value. When a provision is measured at present value. the unwinding of the discount is re¢ognised as a finance cost in net incomel{expendilure) in the period in which il arises. 1.11 Employee bènefits The cost of any unused holiday enlitlernent is recognised in the period in which the employee's seNt$ are received. 1.12 Ratirgmont benefits Payments lo defined contribution tIrement benefit schemes are charged as an expense as they fall dug. Critical accounting estlmates and judgements In the appllcallon of the charily's accounting policies. the Trustees ale required to make judgements, estimates and assumptions about the carrying amount ol assets and liabilities thal are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are ¢onsidered lo be relevant. Actual rèsults may differ from these esllmales. The estimates and underlying assumptions are revlewed on an ongoing basis. Revisions lo accounting estimales are recognised in the period in which the estimate is revised where the revision affects only that period. or in the peTiod of the revision and future periods where Ihe revision affects both current and future periods. Donatlons and legacles 2025 2024 Donations and gifts 185 50 15
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charltablg activities Unreslrlcted Restrlded funds funds 2025 202S Total Unrestri¢ted Restricted funds funds 2024 2024 Total 2025 2024 Grants and contra$ Assessments and courses Driving lessons 1.554.129 114.608 1,668,737 1.526,068 94,600 1.620,668 263.392 18.517 263.392 18,517 198,726 19,287 198,726 19,287 1.836.038 114,608 1.950,646 1.744.081 94,600 1.838,681 Invoslm8nt Income 2025 2024 Interest re¢elvable 9.795 7,270 Other income 2025 2024 Nel gain on disposal of lan9ible fixed assgls 11,419 5,470 16
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable aclivities 2025 2024 Staff costs Vehicle costs Related costs Training Bad debts Insurance Irrecoverable VAT 1.325.189 1.295,626 90,844 105,615 40,839 16,080 11.198 7.898 8,398 45,565 197 44.147 11.261 1,522,230 1,480,627 Share of support costs (see note 81 Share of governance costs (see note 81 366,316 40.557 436,520 13,976 1.929.103 1.931.123 Analysis by fund Unrestricted funds Restricted funds 1,814.495 1,832.898 114,608 98.225 1,929,103 1,931,123 17-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs Support Govemance Gosts costs 2025 Support costs Governancè costs 2024 Depreciation Property costs Telephone. postage and stationery IT costs and equipment rental Repairs and renewals Advertising Sundry expenses Bank charges 24,345 193,510 24.345 18,732 212.242 34.278 191,821 34.278 191,821 22,185 22,18S 46.219 46,219 77,462 77,462 58,461 22.888 6,669 28,215 47.969 58.461 22,888 6,669 28,215 47,969 1,168 2.596 45,050 1,168 2,596 45,050 Audit fee5 Ac¢ountancy fees Legal and professional fees 5,900 4,795 5,900 4,795 5,500 3,500 5,500 3,500 11,130 11.130 4.976 4,976 366,316 40,557 406,873 436,520 13,976 450,496 Analysed bemeen Charitable activities 366,316 40,557 406,873 436,520 13.976 450,496 All support costs are recharged lo the organisalions single charitable activity in recognition of the use of the support facllilies to the a¢tivlty. Governance costs includes payments lo Ihe auditors as deladed in nole 10. Net mov•mont In funds 2025 2024 The net movement in funds is ststed after chargingl(crediling): Fees payablo for the audit of the charivs financial statements Depreciation of owned tangible fixed assets Profit on disposal of tangible re assets 5.900 24,345 111,419) 5.500 34,278 (5,470) 10 AuditOT'5 remungrallon The analysis of audito¢s romuneration is as follows-. Fees payable to the audltors: 2025 2024 Audil of Ihe annual a¢¢ounls 5,900 5.500 18-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Trustees None of the Trustees lor any persons connected with them) received any remuneration during the year. but 1 of them was reiwnbursed a total 01 £76.93 for expenses12024 - none). 12 Employees The average monthly number of ernployees during the year was.. 2025 Number 2024 Number Staff 45 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 1,189.221 109,371 26,597 1.165,734 104,155 25,737 1,325,189 1.295.626 The numb8r of employees whose annual remuneration was more than £60,000 is as follows: 2025 Nurnber 2024 Number £60,000 - £70.000 Remuneratlon of key management personnel The remuneration of key management personnel {including employers natlonal insurance and employers pension wnlributions) is as follows.. 2025 2024 Tolal remuneration 184,222 265.735 13 Other expendllure Unrestrlcted Unrestricted funds funds 2025 2024 HMRC VAT interest and adjuslmenls 93,252 19
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Taxation The charity is exempt from lax on income and galns falling within sectlon 505 of the Taxes Act 1988 or section 252 01 the Taxalion of Chargeable Gains Act 1992 lo the extent that these are applied to its charitable objects. 15 Tangible fixed assets Leasehold Flxtures an¢J Motor Vehlcles property fittln9S Total Cost At 1 Aprll 2024 Additions Disposals 1,389,171 89,820 4,195 57.776 1,536,767 4,195 (34,900) 134,900) At 31 March 2025 1,389,171 94,015 22,876 1.506,062 Depreclatlon and Impalmient At 1 April 2024 Depreciation charged in the year Eliminated in respect of disposals 56,128 14,032 73.583 7.416 49,532 2,897 {31.325) 179,243 24,345 (31.325) At 31 March 2025 70,160 80.999 21,104 172,263 Carrylng amount At 31 March 2025 1,319.011 13,016 1.772 1,333,799 At 31 March 2024 1,333,043 16,237 8.244 1.357,524 16 Debtors 2025 2024 Amounts falling duo k¥lthln on? year". Trade debtors Other debtors Prepayments and accrued income 44,998 3.806 64,336 37.008 45,217 113,140 82,227 17 Loan5 and overdrafts 2025 2024 Bank bans 550.335 585,702 Payable within one year Payable after one year 35.187 515.148 34,922 550,780 -20-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Loans and overdrafts (Continued) The long-lerm loans are secUd by fixed charges over the land and buildings al Patrick Farm Barns, Meriden Road. Hampton-In-Arden, Solihull, England, B92 OLT. 18 Creditors: amounts falllng due wrthin one y•aT 2025 2024 Notes Bank loans Other taxation and SOGial security Trade creditors Other creditors Accruals and deferred InGome 17 35,187 28,620 56,414 308.217 18,510 34,922 36,024 60,228 400,131 18,610 446,948 549,915 19 Crèdltors: amounts falllng due after more than on• year 2025 2024 Notes Bank loans 17 515,148 550.780 20 Provisions for Ilabilities 2025 2024 Dilapidation provision 20,000 20.000 Movements on provisions: Dllapidatlon provision Al 1 April 2024 and 31 March 2025 20.000 The provision was made in accordance with the lease teTms which required r8instalement of the premises to the original condition al the end of the leas8. 21 Retirement beneflt schemes 2025 2024 Definod contrlbutlon schemes Charge to profit or loss in respeGI of defined contribution schemes 26,597 25,737 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of th6 scheme are held separalely Irom those of the charity in an independently administered fund. 21
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Operating IBa5e cornmitments At the reporting end date Ihe charity had outstanding commitsnents for future minimum lease payments under nonwcancellable operating leases, which fall due as follows.. 2025 2024 Within one year Belween Iwo and five years In over five years 87.352 243.552 1.199,402 92,021 290.286 1,240.020 1,530,306 1,622.327 23 Relaled party transactlons There were no disclosable r8lated party transartions during the year12024 - none). 24 Cash (absorbed byygenerated from operations 2025 2024 Deficit for the year (50,310) (79.652) Adjustrnents for. Investment income recognised in stalement of financial activities Gain on dlsposal of tangible fixed assets Depreciation and impairment of tangible fixed assets (9,795} (11.419) 24.345 (7,270) (5,470) 34,278 Movements in vmrking capital: (Increaseydecrease in debtors {Decrease}lincrease in creditors (Decrease} in provisions {30,913) (103,232) 25.331 44,517 20,000 Cash (absorbed by)1generated from operations {181,324) 31,734 25 Re5tri¢ted funds The restricted funds of the charity comprise the unexpended balances of donations and granls held on trust subject to specific conditions by donors as lo how they may b8 used. At 1 April 2024 In¢omlng Resources At 31 March resources expended 2025 DFT Centre Development Fund DFT Hubs 63,008 51.600 163.008) {51.600) 114.608 1114.608) 22-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Restrictèd funds (Continued) Prevlous year". At 1 April 2023 Incorning resources Resources At 31 MarGh expended 2024 Manchester Grant 3,625 94,600 {98.225) 26 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been Set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2024 Incornlng resources Resources At 31 Mareh expended 2025 General funds 970,427 1,857.437 {1,907.747) 920,117 Prevlous year: At 1 Aprll 2023 Incomlng Resources At 31 March r•sour¢es expended 2024 General funds 1.046.454 1,756,871 {1,832,898) 970.427 27 Analysis of net assets between funds Unrestri¢ted funds 2025 At 31 Mar¢h 2025: Tangible assets Current assetsl(liabilities} Long term liabilities Provisions 1,333,799 121,466 {515.1481 120.0001 920,117 23-
REGIONAL DRIVING ASSESSMENT CENTRE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 27 Analysj5 of net assets between funds (Continued) Unrestricted funds 2024 Al 31 March 2024: Tangible assets Currenl assetsllli8bilities} Long temi Ilabilities Promsions 1,357.524 183,683 {550,780) 120,000) 970,427 28 Analysls of changes in net debt At 1 Aprfl 2024 Cash IlowsAt 31 March 2025 Cash at bank and in hand 651,371 1196,097) 455,274 Loans falling due within one year Loans falling due after more than one year (34.922) {550.780) {265) 35,632 (35.187) 1515,148) 65.669 1160,7301 195,061 } -24-