## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS**
## **FOR**
## **31 MARCH 2022**
**Company Registration Number 08793220 Charity Number 1155852**
## **DERBY COMMUNITY ACCOUNTANCY SERVICE**
Babington Lodge 128 Green Lane Derby
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
|**Contents**|**Page**|
|---|---|
|Members of the board and professional advisers|**1**|
|Trustees’ annual report|**2-4**|
|Independent Examiner’s report|**5**|
|Statement of financial activities|**6**|
|Balance sheet|**7**|
|Notes to the financial statements|**8-14**|
## **DERBY SHOPMOBILITY LTD**
## **COMPANY LIMITED BY GUARANTEE**
## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS**
## **The board of trustees**
Mr. N. Allen Rev. G. Maskery Mr. G. Fryer MBE (Resigned 31[st] May 2022) Ms. S. Sanghera Mrs. R. Parker Ms. T. Bonnici
**Company Secretary** Mr. N. Allen (Secretary)
**Registered office** 168 Stenson Road Derby DE23 1JG
## **Independent Examiner**
Mark Newey Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY
**- 1 -**
## **DERBY SHOPMOBILITY LTD**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES’ ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2022**
The trustees, some of whom are also Directors for the purposes of the Companies Act, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
## **OBJECTIVES AND ACTIVITIES**
The principal objective of the charity is to provide people within the catchment areas who have mobility difficulties whether permanent or temporary, with suitable means of personal transport that enables them to maintain as much freedom and independence as their condition allows. Thus enhancing their opportunities and enhancing their quality of life.
## **SUMMARY OF THE MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO THESE OBJECTS**
The activities of the charity focus on the wellbeing of the members by allowing them to maintain their independence and enjoy the amenities of Derby City centre. This also gives respite to carers whom would usually be relied upon to transport and assist members with activities within the city centre.
## **ACHIEVEMENTS AND PERFORMANCE**
We are very pleased that Mrs Ruth Parker and Ms Tracey Bonnici joined the charity as directors on 4[th] November 2021
Very sadly Walter Fryer resigned as a Director on 31[st] May 2022 due to ill health and very sadly has recently passed away.
We were very pleased to receive £2000 from Foundation Derbyshire (John Weston fund) which helped us to see through the first three months after reopening on 12[th] April 2022, following lockdown 3.
Usage picked up slowly to a point where the organization was almost financially stable, but usage only warranted opening on four days a week.
Gail Allen retired at the end of October but had not worked since August. So we now have only three employees.
Recently signs are that usage is picking up a little and we are now running at 60%+ of prepandemic numbers. We hope to open another day a week next year.
A recent grant from Arnold Clark community fund of £2000 has given us some working capital.
## **FINANCIAL REVIEW**
## **Reserves**
Trustees aim to have current assets roughly equal to 3 months expenditure. However, due to the pandemic we had to use some the reserve in order to run the organization. We hope as recovery
**- 2 -**
## **DERBY SHOPMOBILITY LTD**
## **COMPANY LIMITED BY GUARANTEE**
## **TRUSTEES’ ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2022**
starts, we will start to have some revenue as well as extra grants so we can build up the reserves again.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Derby Shopmobility Ltd operates from 31, Morledge, Derby, DE1 2AW. The company's registered office is 168 Stenson Road, Derby, DE23 1JG. Derby Shopmobility Ltd is a company limited by guarantee and not having a share capital (company registration No. 08793220) and Registered Charity (No. 1155852).
## **Recruitment and appointment of new trustees**
The directors of the company are also charity trustees/ The charity may by ordinary resolution appoint a person who is willing to act to be a director. No person, other than a director retiring by ordinary rotation, may be appointed a director at any annual general meeting unless:
- (1) He or she is recommended for re-election by the trustees directors.
- (2) Or not less than 14 nor more than thirty five clear days before the date of the meeting, the charity is given a notice that:
- (a) Is signed by a member entitled to vote.
- (b) States the member’s intention to propose the appointment of a person as a director.
- (c) Contains the detail that, if the person were to be appointed, the charity would have to file at Companies House
- (d) Is signed by the person who is to be proposed to show his or her willingness to be appointed.
## **Trustee selection methods and induction**
Each potential trustee is given a brief as to what their role, entails, and information as to their responsibilities as Trustee Director. They are also provided with a copy of the Articles of Association.
## **Risk management policy**
The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future.
## **Independent examiner**
Mark Newey of Derby Community Accountancy will continue in office as independent examiner for the ensuing year.
## **Small company provisions**
This report has been prepared in accordance with the special provisions for small companies under
**- 3 -**
## **DERBY SHOPMOBILITY LTD**
## **COMPANY LIMITED BY GUARANTEE**
**TRUSTEES’ ANNUAL REPORT**
**YEAR ENDED 31 MARCH 2022**
part 15 of the Companies Act 2006.
Registered office: 168 Stenson Road Derby DE23 1JG
Signed on behalf of the trustees N Allen Trustee
Approved by the trustees on
**- 4 -**
## **DERBY SHOPMOBILITY LTD**
## **COMPANY LIMITED BY GUARANTEE**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES**
## **YEAR ENDED 31 MARCH 2022**
## **Independent Examiner's Report to the Trustees of Derby Shopmobility Ltd**
I report on the accounts of the company for the year ended 31 March 2022 which are set out on pages 6 to 14 .
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- 1 Which gives me reasonable cause to believe that, in any material respect, the requirements :
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
- have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mark Newey ACMA Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby
**- 5 -**
## **DERBY SHOPMOBILITY LTD**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2022**
|||||**Total Funds**|Total Funds|
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Year to 31**|Year to 31|
|||**Funds**|**Funds**|**Mar 2022**|Mar 2021|
||**Note**|
**£**|**£**|£|£|
|**Income**||||||
|Donations|**3**|**3,910**|**-**|**3,910**|1,944|
|Investment income|**5**|**2**|**-**|**2**|50|
|Charitable activities|**4**|**19,013**|**3,270**|**22,283**|22,624|
|Other income||**-**
|**-**
|**-**
|35
|
|**Total incoming resources**||**22,925**
|**3,270**
|**26,195**
|24,653
|
|**Expenditure on**||||||
|Raising Funds||**582**|**-**|**582**|935|
|Charitable activities||**24,885**
|**3,270**
|**28,155**
|31,535
|
|**Total resources expended**|**6**|**25,467**
|**3,270**
|**28,737**
|32,470
|
|**Net incoming/(outgoing)**||||||
|**resources before transfers**||**(2,542)**|**-**|**(2,542)**|(7,817)|
|Transfer between funds||**-**
|**-**
|**-**
|-
|
|**Net movement in funds**||**(2,542)**|**-**|**(2,542)**|(7,817)|
|Funds brought forward||**11,462**
|**-**
|**11,462**
|19,279
|
|**Funds carried forward**||**8,920**
|**-**
|**8,920**
|11,462
|
The charity has no recognised gains or losses other than the results for the year as set out above.
All of the activities of the charity are classed as continuing.
**The notes on pages 8 to 14 form part of these financial statements.**
**- 6 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
|**Note**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**11**
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Funds**
Restricted
**12**
Unrestricted – general reserves
**12**
**TOTAL FUNDS**|**2022**
**£**
**6,308**
**6,308**
**(602)**
|**£**
**3,214**
**5,706**
**8,920**
**8,920**
**-**
**8,920**
**8,920**
|**2021**
**£**
8,261
8,261
(656)
|**£**
3,857
7,605
11,462
11,462
-
11,462
11,462
|
|---|---|---|---|---|
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- (i) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- (ii) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
These financial statements were approved and authorised for issue by the members of the committee on the and are signed on their behalf by:
N Allen Trustee
Company Registration Number: 08793220
**The notes on pages 8 to 14 form part of these financial statements.**
**- 7 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
## **1. Accounting policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **Company information**
Derby Shopmobility Ltd is a company limited by guarantee not having a share capital. The company’s registered office is, 168 Stenson Road, Derby, DE23 13G, the Memorandum and Articles of Association, had undertaken to contribute the sum not exceeding £1 in the event of a winding up of the company.
## **1.1 Accounting convention**
These accounts have been prepared in accordance with FRS 102, “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in Sterling which is the functional currency of the company Monetary amounts in these financial statements to the nearest £.
The accounts have been prepared on historical cost convention apart from freehold property that is carried at market value. The principal accounting policies adopted are set out below.
The accounts are prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2015.
## **1.2 Going concern**
At the time of approving the accounts, the Directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## **1.3 Charitable Funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
**- 8 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
## **1.4 Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acquired. No amounts are included in the financial statements for services donated by volunteers.
## **1.5 Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in the support of the charitable activities.
## **1.6 Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.7 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.8 Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **1.9 Financial instruments**
The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Taxation**
The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
**- 9 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
applied to its charitable objects.
## **1.12 Depreciation**
Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic as follows:-
|ollows:-||
|---|---|
|**Asset category**|**Annual rate**|
|Equipment (Straight Line)|12.5%|
|Fixtures and Fittings (Straight Line)|10%|
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimated and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
## **3 Donations**
|**Donations**|||||
|---|---|---|---|---|
||||**Total Funds**|Total Funds|
||**Unrestricted**|**Restricted**|**Year to 31**|Year to 31|
||**Funds**|**Funds**|**Mar 2022**|Mar 2021|
|**Donations**|**£**|**£**|**£**|£|
|Sundry donations|**3,910**
|**-**
|**3,910**
|1,944
|
||**3,910**
|**-**
|**3,910**
|1,944
|
## **4 Incoming resources from the charitable activities**
||||**Total Funds**|Total Funds|
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Year to 31**|Year to 31|
||**Funds**|**Funds**|**Mar 2022**|Mar 2021|
||**£**|**£**|**£**|£|
|**Grants**|||||
|HM Revenue and Customs|**-**|**3,270**|**3,270**|15,038|
|Foundation Derbyshire|**2,000**||**2,000**|-|
|Community Action Derby|**-**|**-**|**-**|500|
|**Other Charitable income**|||||
|Hire charges|**15,489**|**-**|**15,489**|6,536|
|New registrations|**1,090**|**-**|**1,090**|177|
|Profit on sales|**-**|**-**|**-**|300|
|Fund Raising|**434**
|**-**
|**434**
|73
|
||**19,013**
|**3,270**
|**22,283**
|22,624
|
**- 10 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
**YEAR ENDED 31 MARCH 2022**
## **5. Interest receivable**
|**Year to 31**
**Mar 2022**
**£**
Bank interest receivable (unrestricted)
**2**
**Total resources expended**
Wages
Rates
General Maintenance
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Volunteer expenses
Equipment maintenance
Depreciation
Accountancy and legal fees
Publicity
|Year to 31
Mar 2021
£
50
**Total Funds**
**Year to 31**
**Mar 2022**
Total Funds
Year to 31
Mar 2021
**£**
£
**19,942**
**23,461**
**-**
**-**
**277**
**650**
**1,581**
**1,581**
**-**
**446**
**832**
**773**
**-**
**233**
**193**
**234**
**1,370**
**570**
**2,184**
**1,204**
**642**
**1,048**
**1,134**
**1,335**
**582**
**935**
**28,737**
32,470
|Year to 31
Mar 2021
£
50
**Total Funds**
**Year to 31**
**Mar 2022**
Total Funds
Year to 31
Mar 2021
**£**
£
**19,942**
**23,461**
**-**
**-**
**277**
**650**
**1,581**
**1,581**
**-**
**446**
**832**
**773**
**-**
**233**
**193**
**234**
**1,370**
**570**
**2,184**
**1,204**
**642**
**1,048**
**1,134**
**1,335**
**582**
**935**
**28,737**
32,470
|
|---|---|---|
|||
|
||**28,737**
||
## **6. Total resources expended**
Expenditure on charitable activities was £28,155 (2021: £31,535) of which £3,270 was restricted (2021: £15,038).
## **7. Net (expenditure)/income**
Net (expenditure)/income for the year is stated after charging/(crediting):
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Independent Examiner’s Fees|**330**|650|
|Depreciation|**642**|1,048|
||===========================|**================================**|
**- 11 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
## **8. Directors and key management personnel**
During the year Trustees did not receive remuneration. The key management personnel of the charity are the Trustees.
## **9. Employees**
The average number of staff employed by the charity during the financial year amounted to:
|Direct Charitable Staff
Governance|**Year to**
**31 Mar**
**2022**
**No**
**4**
**-**
**4**
|Year to
31 Mar
2021
No
4
-
4
|
|---|---|---|
**The aggregate payroll costs were:**
|**aggregate payroll costs were:**||||
|---|---|---|---|
||**Year to 31**|Year to 31|Mar|
||**Mar 2022**|2021||
||**£**||£|
|Wages and salaries|**19,838**|23,380||
|Social security costs|**-**||25|
|Employer Pension costs|**104**
||56
|
||**19,942**
|23,461
||
No employee earned more than £60,000 per annum. No trustees were reimbursed for expenditure.
**- 12 -**
**DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
## **10. Tangible fixed assets**
|||Fixtures &||
|---|---|---|---|
||Equipment|Fittings|Total|
||£|£|£|
|**Cost**||||
|At 1 April 2021|9,055|550|9,605|
|Additions|-|-|-|
|Disposal
|-|-|-|
|**At 31 March 2022**|**9,055**|**550**|**9,605**|
|**Depreciation**||||
|At 1 April 2021|5,381|367|5,748|
|Disposal|-|-|-|
|Charge for year|459|183|642|
||**5,840**|**367 **|**6,390**|
|Net Book Value||||
|**At 31 March 2022**|**3,215**
|**-**|**3,215**|
|At 31 March 2021|3,674|183
|3,857|
|**. Creditors:** **Amounts falling due**|**within one year**|||
||**2022**||2021|
||**£**||£|
|Trade creditors|**602**||656|
||--------------------------------||--------------------------------|
||**602**||656|
||================================||================================|
## **11. Creditors: Amounts falling due within one year**
**- 13 -**
## **DERBY SHOPMOBILITY LTD COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2022**
## **12. Statement of funds**
|
**General reserve**
**Total unrestricted funds**
**Restricted Funds**
HM Revenue and Customs
**Total restricted funds**
**Total funds**|**At**
**1 April**
**2021 Incoming**
**Outgoing**
**Transfers**
**£**
**£**
**£**
**£**
**11,462**
**22,925**
**(25,467)**
**-**
**11,462**
**22,925**
**(25,467)**
**-**
**-**
**3,270**
**(3,270)**
**-**
**-**
**-**
**-**
**-**
**11,462**
**26,195**
**(28,737)**
**-**
|**At**
**31March**
**2022**
**£**
**8,920**
**8,920**
**-**
**-**
**8,920**
|
|---|---|---|
## **Restricted Funds**
HM Revenue and Customs Jobs Retention Scheme money was spent supporting salary costs.
## **13. Analysis of net assets**
|**Tangible**
**fixed assets**
**Other**
**net assets**
**Unrestricted funds**
**£**
**£**
General reserve
**3,214**
**5,706**
**Restricted funds**
**-**
**-**
**3,214**
**5,706**
|**Total**
**£**
**8,920**
**-**
**8,920**
|
|---|---|
## **14. Related party transactions**
The charity had no related party transactions that required disclosure.
**- 14 -**