REGISTERED CHARITY NUMBER: 1160215
Report of the Trustees and
Unaudited Financial Stalements for the Year Ended
31 Mareb 2024
ror
Wbeels 2 Work County Durham

Whee]$ 2 Work County Durham
Conlents of the Finan¢Ral Statements for the
Year Ended 31 March 2024
Page
Ito3
Report of the Trustees
IDdep¢nd¢nt Examinevs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Slat¢ments
7t012

Wheels 2 Work County Durham
Report of the Trustee5
for the Year Ended 31 Mareh 2024
The trustees present their report with the fll)ancial stat¢ments of the charity for the year ended 31 March 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effective l January 2015).
ORJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Charitable Incorporated Organisation (CIO) are the relief of unemployment for the benefjt ofresidents
in County Durham or in such other geographical areas as trustees Tnay decide. through the provision of modes of
transport and connected services such as training that will enable individuals lo take up new employment and skills.
ACH[EVE1V￿ NT AND PERFORMANCE
Charitable activities
This report of Wheels 2 Work County Durham covers the year ended 31 March 2024. The scheme provides non-electric
pedal bicycl¢s and loans scooters to people with job offers who would be unable to take them up without private
transporL This may be due to shift timin&TS or particular route issues that mean that public transport is not feasible.
The first rider joined the scheme in D￿ember 2016 and by the end of the fwst flljancial year seventeen riders had
benefited from Wheels 2 Work. DLwing 2017-18 41 riders participated in the scheme, with a fi]rther 45 people benefiting
during 2018-19, another 73 during 2019-20 and a further 54, despite the irnpact of the Covid-19 pandemic and
subsequent job losses, in 2020-21. A continuation of the effects of the Covid-19 pandcmic, and lOnger-te￿ loans,
resulted in 42 people usittg the service in 2021-22 taking the total number to 282.
From 1st April 2022 to 3 1st March 2023, the number of people supported into employment through scooter hire was 51
and 52 by bicycle. From l at April 2023 to 31st April 2024, the number of people supported into employment through
scooter hire was 43 and 82 by bicycle. This resulied in the overall number of people supported by bicycle or scooter
into employment since comrnencement of the sche]ne being 510. Demand continues to grow annually.
The trustees Collf￿ that they hav¢ r¢f¢Tred to the guidance contained in the Charity Con]missions' general guidance on
public benefit when reviewing the CIO'S aims and objectives and in planllitig future activities.
FINANCIAL REVIEW
Financial position
The attached fmancial statements show the state of the fmances and related transactions during the past year, which the
trusl¢es consider to be correct.
The year 2023-24 has seen the Scheme return to more expected levels of incotne generation in the receding wake of the
impact of the Covid pandemic. Incoming Resources have totalled £179,623 (2022-23 £211,398) whilst Resources
Expended were £202,531 (2022-23 £139,284). That resulted in a deficit of £22,908 (2022-23 excess of £72.114).
Closing Net Assets at 3 l March 2024 were £107.282 (2022-23 £130,190).
Investment policy and objectives
Funds are maintained in an instant access bank account giving 5¢curity and rapid acc¢ss.
Reserves polficy
The target of the reserving policy is to maintain a level of reserve5 which will enSUTe a continuation of operations for at
least six months without income. Reserves are defmed as undesignated CULTent assets. At 31 March 2024 the level of
reserves was £57,599.
The 2024 level of free reserves equates to operating costs for a period of 5.6 months without income at current
expenditure levels.
Page I

Wheels 2 Work County Durham
Report of the Trustees
for the Year End￿ 31 March 2024
Going concern
The trnstees have assessed whether the use of the going concern assumption is appropriate in preparing these financial
statements. The tsustees have made this assessment in respect to a period of one year from the date of approval of these
fmancial statements. The trustees of the charity have concluded that there are no material uncertainties related to the
events or conditions that may cast doubt on the ability of the charity to continue a5 a going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable inco￿orated organisation (CIO) registered on 29 January 2015. The organisation was
established under a constitution that established the objects powers and governance of the CIO.
Recruitment and appointment of new trustees
The charity trustees are members of the CIO. They are responsible for investing and expending funds of the charity in
such a manner &8 they shall consider most beneficial for the achievements of the objectives. They enter into contracts
on behalf of the charity. They are responsible for the proper management and administration of the CIO in accordance
with the constitution.
The trustees are subject to retirement after a maximum of 3 years unless they Tetire or are removed in accordance with
the constitution. Retiring trn5tees may be Teappointed for a ￿rther term. Appointmenls are made by members of the
CIO at its Annual General Meeting or at other times by ordinary resolution. Trnstees are recruited for their ability to
Enanage the charity in accordance with the provisions of the constitution and in furtherance of its objects. There must be
a minimum of 3 trustees.
The present trustees have a wiety of backgrounds and skills and the board seeks to n]aintain an appropriate range of
skills to match the tasks undertaken by the board. Trnstees must be familiar with the activitie8 of the charity and in
sympathy with them. Potential trustees id¢ntified by the existing trustees are, discussed with the other trustees then
approached to check their availability.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and ernr. The tNstees have assessed the major risks
to which the charity is exposed and where necessary have taken steps to minimise such risks.
Page 2

Wbeels 2 Work County Durham
Report of the Truslees
for the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity nutnber:
1160215
Principal address:
Bullion Hall, South Approach, Bullion Lane
Chester-Le-Street, County Durham. DH2 2DW
Bankers
CAF Bank Ltd
Trustees
Members who acted as tnjstees were as follows:
P J MacLellan
J Arnistrong (resigned 3 Apr 2023}
G Mitchinson
A J Allsop
L Roughley
M Purvis (appointed 03 Apr 2023)
Independent examiner
Mr P. Harnby ACA
ICAEW
Mitchell Grievson Ltd
Kensington House, 3 Kensington
Bishop Auckland
County Durham DL14 6HX
Approved by order of th¢ board of trustees on 3 Jan 2025 and signed on its behalf by:
P J MacLellan
Trustee
Page 3

Independent Examiner's Report to the Trnstees of
Whee15 2 Work County Durham
Independettl examiner's report to the truslees of Wheels 2 Work County Durham
I report to the Charity trustees on my examination of the accounts of Wheels 2 Work County Durham for the year ended
31 March 2024.
Responsibilities and basi5 of report
As the charity trusices of the Trust you are resFM)nsible for the preparation of the accounts in accordance with tbe
requirements of the Charities Act 2011 ('the Acl'}.
I report in respect of my examination of the Tn]sVs accounts carried out under section 145 of the Act and in carrying out
my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of
the Act.
Independent exvdminer'5 Statement
I have Completed my examination. I confm that DO material matters have come to my attention in connection with the
examination giving me rause to believe that in any malerial respect:
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable Tequirements concerning the fomi and content of accounts set out in
the Charities (Accounts and Reports) Regulations 2008 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.
I confTh that there are no other matters to which your attention should be drawn to enable a prop¢r understanding of the
accounts to be reached.
Mr P. Harnby
Mitchell Grievson Ltd
Kensington House
3 Kensington
Bishop Auckland
County Durham
DL14 6HX
30 January 2025
Page 4

Wheels 2 Work County Durham
ststement of Financial Activities
for the Year Ended 31 March 2024
Year Ended
31.03.24
Total
fimds
Year Ended
31.03.23
Total
funiL5
(All
Unrestricted)
Restricted Unrestrictrd
Notes
INCOME AND EIWOWMENTS FROM
Charltable aetivities
Wieels 2 Work County Durham scheme
43,250
136,373
179.623
211,398
Total Ineome
43,250
136J73
179,623
211J98
EXPENDITURE ON
Costs of Cenerating Funds
Governance, application and monitoring of grants
1,137
1,137
1,787
Charitable aetivities
Whe¢ls 2 Work County Dutham sch¢m¢
38,036
163,358
201,394
137,497
Total Expenditure
38,036
164,495
202,531
139284
NET INCOME AND NET MOVEMENT
lly FufsDS
5214
(28,122)
(22,908)
72,114
RECONCILIATION OF FUNDS
Funds brought forward
130,190
130,190
58,076
TOTAL FUNDS CARRIED FORWARD
5314
102,068
107,282
130,190
CONTINUING OPERATIONS
All iocome and expenditure h&$ arisen from continuing activities.
The notes forn] part of these financial statements
Page 5

Wheeb 2 Work County Durham
Balance Sheet
At 31 March 2024
2024
Total
funds
2023
Total
funds
(All
Unrestricted)
Restricted Unrestricted
Notes
FIXED ASSETS
Tangible &8sets
48,124
48,124
53,564
CURRENf ASSETS
Debtors
Cash at bank and in hand
27,129
37,370
64,499
27,129
42,584
69,713
8,444
93,153
101,598
5,214
5,214
CREDITORS
Amounts falling due
within one ye
10,555
10,555
24,972
NET CURRENT
ASSETS
5214
53,944
59,158
76,626
TOTAL ASSETS LESS
CURRENT
LIABILITIES
5,214
102,068
107,282
130,190
NET ASSETS
5,214
102,068
107,282
130,190
io&
FUNDS
Designated funds
Unrestricted general funds
20,000
102,068
5,214
110,190
Restricted funds
TOTAL FUNDS
107,282
130,190
The financial siatm¢nts were approved by the Board of Trust¢es on 3 Jan 2025 and were siglled on its
b¢half by:
Peter J MacLellan
Trustee
Page 6

Wheels 2 Work County Durham
Notes to the Ffinancial Statemellts
for the Year Ended 31 Mareh 2024
ACCOUNTING POLICIES
Basis of preparing the flnancial statements
Th¢ fmancial statements of the Charitable Incorporitted Organisation (the registered office of which can be found
at Page 2), which is a public benefit entity under FRS 102, have been pr¢pared in accordance with the Charities
SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recorntnended Practice applicable to
charities preparing their aLcount5 in accordance with the fiinancial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective l January 2015),, Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The fmancial
statements have been prepared UT)deT the historical cost convention.
The presentation currency of the fmancial statements is the Pound Sterling (£).
These financial statements have been prepared on the going concem basis. In using this basis the trustees have
taken account of the reserves of the charity at 31 March 2023 aud its prospects foT subsequent periods.
Tallgible Fixed Assets
Tangible f￿¢d assets are included at cost less depreciation and impairnent.
All assets Costing more than £500 are capitalised. Depreciation is calculated to write down the cost of tangible
fixed assets to their estimated residual value over their expected useful lives (a full year's charge is entered in the
year of acquisition; no cbarge is entered in the year of disposal) as follows:
Motor Scooters and Bikes
Plant & Equipment
Computer Equipment
- over 3 years
- over 3 years
- over 3 years
Financial Instruments
Basic fmancial instruments are recognised at amortised cost.
Income
lrtcome (including grants) is recognised in the period in which the charity has entitlementto the income, the amount
of income can be reliably measured and it is probable that the income will be Teceived.
Any rental incom¢ r¢ceived in advance of the rental period is deferred until that period.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive oblig¢ition committing the chaTity
to that expenditure, it 15 probable that a transfer of economic benefits will be Tequired in settlement and the amount
of the obligation can be measured reliably. Expenditure is accounted for on an accTuals basis and has been classified
under headings that aggregate all cosl related to the category. Where costs cannot be directly attributed to partiLular
headings they have been allocated to activities on a b&sis consistent with the use of resources.
Taxation
Th¢ charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restiictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated fi)nds are unrestiicted funds that have been earniarked for a particular pu￿05¢ by the trustees. They do
not forni part of the charities free reserves.
Further explanation of the nature and pU￿0$e of each fund is included in the notes to the financial statements.
The notes forni part of these financial staternents
Page 7

Wheels 2 Work County Durham
Notes to the Finanelal Statements
for the Year Ended 31 Mareh 2024
YCOME FROM CHARITABLE ACTIVITIES
Year
Ended
31.03.24
Ended
31.03.23
Activity
Scheme income
Wheels 2 Work County Dutham Scherne
Unrestricted Grant funding Ivheels 2 Work County Durham Scheme
Restricted Grant funding Wheels 2 Work County Durham Scheme
46,753
89,620
43,250
179,623
43,143
168,255
211.398
Thc charity acknowledge5 alld is grateful for th¢ following grants received during the period..
2024
2024
Capital
Funding
element
2023
2023
Capitsl
Fundillg
element
Total
Total
C Durharn Community Foundation
Durham County Council (DCC)
DCC Sustainable Transport Fund
DCC Climate Fund
Karbon Homes
James Knott Trust
Postcode Lottery
Believe Housing
Bernicta Foundation
Arnold Clark
Garfield Weston Foundation
Livin
Amazon
Coalfields Regeneration TTUSt
The National Lottery Community Fund
Tesco
Tot21 Grant Funding
56,350
io,000
50,000
10,000
25,000
950
6,482
22,823
36,000
10,000
1,000
10,000
10,000
10,000
25,000
32,000
8,000
15,000
1,000
1,000
5,000
43,520
1,000
132,870
15,000
14,532
39,532
168,255
£75,000
CHARITABLE ACTIVITIES COSTS
Year
Ended
31.03.24
Y¢ar
Ended
31.03,23
Governance
CIO Athninistration, Grant f]nding and Monitoring
Depreciation and (profit)1105ses on disposal
Net scheme operation costs (see note 4)
1,137
5,624
43,427
152,343
202,531
1,787
5,033
36,378
96,086
139,284
Page 8

Wheels 2 Work County Durham
Notes to the Financial Statements
for the Year Ended 31 March 2024
BREAKDOWN OF NET SCHEME OPERATION COSTS FOR THE YEAR ENDED 31 MARCH 2023
Year
Ended
31.03.23
Ended
31.03.24
Direct Scooter & Rider Costs
Bicycle Scheme Vouchers
Salaries and Staff Costs
OffRce Costs
Marketing
Total (included as part of Note 3)
58,647
38,036
46,345
4.807
4,508
152,343
48,946
40.970
4,328
1,842
96,086
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustses, remuneration or other benefits for the year ended 31 March 2024 nor for any earlier periiML
Trustees, expenses
There were no trustees, exp¢n5es paid for the year ended 31 March 2024 nor for any earlier period.
STAFF COSTS
Year
Year
Ended
Ended
31.03.24 31.03.23
Wages
Pensions
Total {includ¢d as part of Not¢ 3)
47,190
1,041
48,231
43,041
809
43,850
The average number of employees for the year ended 31 March 2024 was 2 (yle 31 March 2023 wa5 2).
The notes forni part of these fmancial statements
Page 9

Wheels 2 Work County Durham
Notes to the Financial Statements
for the Year Ended 31 March 2024
TANGIBLF FIXED ASSETS
Motor Scooters
Plant & Equipment
Totals
COST
At l April 2023
97,543
97,543
Athlitions
38,752
38,752
Disposals
10,359
10,359
At 31 March 2024
125,936
125,936
DEPRECIATION
At l April 2023
43,979
43,979
Charge for year
42,577
42,577
EIiLninated on disposal
8,744
8,744
At 31 March 2024
77,812
77,812
NET BOOK VALUE
At 3 l March 2024
48.124
48,124
At 31 March 2023
53,564
53,564
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade Debtors
Prepayments
Total
765
7,679
8,444
26,945
27,129
CREDITORS: AMOUNTS FALLING DUF WITHIN ONE YEAR
2024
2023
Grants to pay Client Loan Fees
Grants to pay Bicycle Scheme Fees
Trade Creditors
Accrned charges
8,128
21,025
1,772
32
540
1,855
10,555
540
1,635
24,972
Total
Page 10

Wheels 2 Work Collnty Durham
Notes to the Finaneial Stalements
for the Year Ended 31 March 2024
10. DESIGNATED FUNDS
The t￿SteeS have decided to designate funds according to the following schedule. This is to recognise the
planned timing of ¢xp¢nditure and the PUTpose or limited geographic area for which th¢ grants were made.
Fund
Purpose
31 Mar24
31 Mar23
Capital Funding
To expand and rnaintain the scooter fleet
(DCC Sustainable Transport fund)
£20,000
Tolal Designated
£20,000
11. MOVEMENT IN FUNDS
Net
Movement
in Funds
At
31.03.23
Al 31.03.24
Unrestricted Funds
Designated Funds (see note 10)
General Fund- Tangible Assets
General Fund- Current Assets
20,000
53,564
56,626
(20,000)
(5,440)
(2,682)
48.124
53,944
Restricted Funds:
Restricted Fund- Current Assets
5,214
5.214
TOT AL FUNDS
130,190
(22,908)
107,282
Net Movement in funds, included in the above are as follows:
Incoming Re50UTces
R¢sourc¢s Expended
Movement
in Funds
Transfers
Unrestricted Funds
Designated Funds (see note 10)
General Fund- Tangible Assets
General Fund- Cu￿ent Assets
(20,000)
39,532 (44,972)
96,841 (99,523)
(20,(K)O)
(5,440)
(2,682)
Restricted Funds:
Restricted Fund- Current Assets
43250 (38,036)
5,214
TOTAL FUNDS
179,623 (202,531)
(22,908)
Pagell

Wheels 2 Work County Durham
Comparatives
Net
Movement
in Funds
At
31.03.22
At 31.0323
Unrestricted Funds
Designated Funds (see note 10)
General Fund- Tangible Assets
General Fund- Cu￿ent A55ets
20,000
14,281
23,800
20,000
53,564
56,626
39,283
32,826
TOTAL FUNDS
58,081
72, 109
130,190
Net Movement in funds, included in the above are as follows:
Incoming Resources
Resources Expended
Movement
in Funds
Transfers
Unrestricted Funds
Designated Fund5 (see note l O)
General Fund- Tangible A55ets
General Fund- Current Assets
75,0(K) (35,717)
136,398 (103,567)
39.283
32,831
TOTAL FUIYDS
211,398 (139,284)
72,109
Page 12