Charity registration number.. 11612i7 Wheely Tots Annual Report and Financial Statements for the Year Ended 30 April 2023 Cojnmunity Accounting Plus Units l & 2 North West 41 Talbot Street Nottin¥hatn NGI 5GL
Wheely Tots Contents (¢ontinu¢d) Reference and Administrative Details Trustees, Report 2to6 Siatement of Trustees, Responsibilities Independent Examiner'5 Report Statement of Financial Activities 9tolO Balance Sheet Notes to the Financial Statements 12 to 19
Wheely Tots Refer¢n¢¢ and Administrative D¢t#ils Tru5t¢es Gloria Obilana, Chair David Fumess Merna Daabis Eleanor Mitchell Senior Management Team David Pitcher, CEO Charity Registration Number 1161237 Prillcipal Office The Trampery 639 High Road Totiei)hain Londtsn N178AA Independent Examiner Johll O'Brien, employee of Communits. Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
Wheely Tots Trust¢¢s' Report The trL15tee5 present the aniiual report together M'ith the financial ststeTneJits of the charity for the year ended JO April 2023. As a commiinity. led charitable social enterprise Wheely Tots are focussed on creating healthy, confident, resilient Communities. This year we have focused our activities in and around Broadwater Farm Estsie in Tottenham and developed our age friendl). offering 10 reach more of Ihe commiinity. It has been wonderful to see our ongoing lottery funded Connecting Well projeci and ne Moselle Community Project create an offer for the commuiiity in Broadwater Farm and beyond. We are graieful for all our funders, staff. sessilin leaders. volunteers and everyone ihat attended a session or borrowed a bike for making this another successful year. Thanks a150 to.. The Haringey Regeneration team for their ongoing support and belief in us 10 deliver as the anchor organisation for Broadwater Farm Estate The Broadwater Farni Stakeholders Group, for introductiot15 to local residents and use of comtnunity spaces The residents of Broadwater Fami for supporting the Moselle Community Project and making it their own The National Lottery Community Flind for siipporting our ag¢ friendly activities and enabling us to embed community-led approaches across the organisation Loidship Coinmunity Hub for the use of the community space to store items and for ii)viting us to siipport their events Berkeley Homes and Estates Management team at Woodberry Down who allow us to store bikes and equipment at our family cycling showroom Finsbury Park Cafe and the Friends of Fiiisbury Park who support activities it] Finsbury Park Oui brilliai)t team of local Session Leaders for sharing their skills, co-developing and rui)ning sessions that participanis enjo}. attending The volunteers 'hO have given their time and skills to help our small ieam to achieve even more. In the year ahead. Wheely rots will continue io deliver activities in and around Broadwaier Farni Estate and will seek grant fundiiig w support this. We plaii io work io increase earned income from our bike borrowing scheme and donations from session attendees to reduce our reliance on grant funding as a long tem) goal. Governance Whe¢ly Tots is a registered charity and Charitabl¢ Incorporated Association (CIO). The goveming document is the CIO Constitution. The Constitution was updated in January 2023. Safeguarding & Policies All individuals responsible for deliverin£ Wheely Tot5 sessions have Enhanced DBS checks, either completed 'ithiii the last two years or registered with the update service. Other policies in place are.. equality, diver5it)' and inclusion,. 5afegiiaTding' volunteer: privacy,. online safety and financial procedures. these are reviewed annually. Purpose and aetivities Wheely Tots is a successful community-led charitable social enterprise based in Haringey, North London. Page 2
Wheely Tots Trustees, Report (¢ontinu¢d) Oiir prograrnmes & activities proniote Iiealthy. confjdent, resilient cominuiiities through iinprovingj connections to each other and the outdoor5. Walkin& cycliiig and bushcraft are what we have evolved to be expert in. The Charity's principal activity is helping families, adults and children cycle more as a means of promoting greater social inclusion. In praciice we achieve our objective by raking a 'whole family" approach to helping families grow: raking a lead on social inclusion and community development. and referring participanis to other healthy activities and services. Activities The year from May 2022 to April 2023 has seen lls focus our activities in and around the Broad'attr Farm Estate in Tottcnham. In September 2022, 'e became the anchor organisation for the estate through our Council-commissioned Moselle Commuiiity Project. Poreni &- Tc)ddlei- Faniily Bike Club Our flagship Pareiit & Toddler balance bike sessions continue weekly 01) Friday and Saturday momings in Lordship Recreation Ground. Oli Saturday morning the sessioi) is followed by Family Bike c.lub for older Lhildren to attend with their families. We coi)tinue to support family Lycling activities in and around W(iodberry Dowi) and Fii)sbury Park. We have seen attendance grow at these sessions through the year with 261 attendees in total. H'oppten & Girls Cycling Two of our female session leaders are local parents with teenage daughters. They now lead a bike ride for Women & Girls only on Saturday afternoons as they saw this as an opportiinity to engage more women in cycling. These rides welcomed 34 local WOTnen and girls. Bike buildinx al Projeci 2029 In August 2022 we ran bike building session5 for young people at Project 20?0. a youth provider in Northumberland Park a5 a Summer holiday activity. Bike Borrowig Our bike borrowing scheme continues to grow and we have developed our svstems and processes to make this more etTicient. This year we have lent 150 bikes .The unresiricied income frlim this aciiviiy helps our plan to become less reliant on grant funding. BhCraft Our CEO 15 now a qualified Bushcraft in5tnJctor. We have started to offer Bushcraft sessions alongside our existing activities and have had positive feedback. coe¢llg Well Our Loitery funded Connectints Well Project continued this year. led by our Commuiiiiy Engagement Manager. The Fridaj, Walks from Lordship Recreation Ground have continued io progress and a second slow walk and birdw'aich has been added following feedback from participants. The walks now regularly reach 20 participants each week. Adult Learn to Ride cycling sessions are also well received and have regular attendance. Page 3
Wheely Tots Trustees, Report (¢ontinu¢d) loselle Ctsmmunity Project Based in Broadwaier Farni Community Centre on Fridays and Saturdays, Moselle Community Project offers a programme of activities to build positive relationships between residents, increase a sense of connection and rediice isolation. We regularly reach 150 people per week. FOodbak Our weekly foodbank continues as part of Moselle Community Project and supports 60 households each week. Summary of ihe maiii oulputs during theperiodlrom Wheely Tols records Ai u glonce numb¢r$ 2022-23 upnher cycling & wrtlkiRg se.SSEon.¥ delivered -.I'umber ofpeopl¢ ulleiiding sesslons Voluiiteeri who huve kindty dunuiediime perI1&t ,I'umber uf volunleer hourj ,umber uf bikei bought/borrow£dfrom Kit Librury ,umber ufhouJehulds' uttendiii&'fvvd bunkper week 370 735 59 614 150 90 Ou¢£ome5 We use shared outcomes for all our activiiies. Enable people to feel more connected Through shared activities and experiences. Through meeting new people and discovering new places. ThrougFh feeling part of a group. 'When you come here you meet llice people, they talk to you and you can talk to them. Even if you don't talk to them you feel alright. Greatl This is Ihe United Kingdom, where we are all united. When you come here you feel like you belong to everybody., '1 am so glad Ihis place is here. it is important to get out and socialise, '1 love it, I love itl I want more riders, more people ridii)g bikes. 'It's good to meet friends, go for a walk, talking. It helps me a lot. Improve physical and mental health Through taking part in exercise and social interacrions. 'Being part of this comtnunity ha5 pulled tne out of that dark room., 'Last week it was a fear of my arthritic knee paining me and then my confid¢n¢¢ just wasn't there. I'v¢ got a 5UPPOrt on this week and that's helped. This week was gTreat, I cycledl I need to leaTll to turn nowl l am pleased 'ith myself. It's about confidence but it's also the support froin the instructor5. 'When you are a carer it is really importani to secure yourself the time to do these kind of things. Help the commut]ity to realise their own assets Through challenging themselves and leaming new skills. Page 4
Wheely Tots Trustees, Report (¢ontinu¢d) Through sharing knowledge. '1 learned so much, about all the plants and how you Call use some to make teas and things. 'My main goal for the eyclii)g is to be able to ride, to go from A to B. To be able to ride within Iny community, visiting friends around my area, head up to Edmonton maybe., 'It's great, everyone knom's lots of different things and we can keep sharing what we know., 'It's great because it gives you confidence in everything else as well. Projeets Additional project5 we have delivered this year.. Hapingey GP Federolion.. Child M/eighi ,tyl&nOgemel.serviCe We supported families that were referred to us through the Haringey GP Federation to take part in our family walking and cycling sessions. WCGL.. Winter Rides We ran cycle rides during the winter moiiths to encourage people to get outside and be active in spite of the colder weather. Clarion Fuliir¥s We ran bike buildin¥ sessions for youn¥ people at Project 2020. Bikeohility Tpwyl.. wideKig P¢Jvli¢ipotion Bikeahiliry Proje¢l We delivered activiiies to reach those less likely to cycle thrL)ugh a project delivered with JoyRiders. Haringo Council.. People Need Par We received funding to support our activities in Lordship Recreation Ground to encourage use of the park. Our partners and supporters This year, we have worked with the followii)g organisatioi)s'. Carers First Haringey. Park Lane Children's Centre. Broadwater Farm Children's Centre: The Willows,. Projcct ?020: Lordship Sports & Activity Consortium {LSAC)', Active Change Haringey IACH): JoyRiders,' Lordship Commlliiity Hub,. Broadwater Fatyn Residents Association; The Trove Market; Woodbert), Down Estate Mana¥etnent. Our Team The charity is organised so that the Trustees meet quarterly to manage its affairs. The staff team and sessilin leaders Climprises members from a variery of backgrounds, local knowledge and professional qualifications. The Wheely Tots team is local with all members living in or near the London Borough of Haringey. All team members work part time. Duiing 2022-23 we recruited a local Project Manager ai)d Project Coordinator for the Moselle Community Project,. a FL)odbank Coordinator: a Team Administrator and two new Session Leaders. Page 5
Wheely Tots Trustees, Report (¢ontinu¢d) The CEO, Fiiiance MaiiagFer. Project Manager, Development Manager, Delivery Manager and Cominuiiity EngagFement Mai)a¥Fer continued in post. Volunteering at Wheely Tots Moselle Community Project. the Foodbank and Connecting Well have a team of regular Vlilunteers from the local community. We benefited from volunteers from Sage Foundation in December 20?2 M'ho made reindeer cones which M'ere ¥ifted tts those attendin¥ activitie5 at the Coinniunity Centre. In January 2023, Steve I liire. Sa¥e CEO: vi5lted Broadwater Fam) to see our activities and offered to support our WOTk by mentoring our CEO. Fundraising We have accounts wilh Don't Send Me A Card, Nectar Donate, Easyfundraising and Give As You Live which provide additional income sireams. We are set up to receive donations through Facebolik, PayPal Giving Fund. Crowdfvnder and Givey. Public henefil The trustees confiTm that they have complied with the requirements of sectioii 17 of the Charities Act 2011 to have due re¥ard to the public benefit guidance piiblished bj. the Charity Commission for EngFland and Wales. Page 6
Wheely Tots Statement of Trust¢¢s' Respon$ibilitie$ The tnjstees are responsible for preparing the trustees, report aiid the financial statements iii accordance with the United KingFdoin Accoiiiiting Standards (United Kiiiudom Generall), Accepted Accounting Practice) and applicable law and regulations. The lam, applicable to charities requires the trustees to prepare financial staiements flir each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state 'hether applicable accountin£ st[dardS have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial Staments on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accliunting records thai disclose '1th reasonable accuracy at any time the fiiiancial positioii of the charity and enable them to ensure that the financial statements comply with th¢ Charities Act 2011, the Charities {Accounts and Reports) Regulations 2008, and the provisions of th¢ constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and dctectioii of fraud and other irregularities. The trustees are responsible for the n)aintenance and integrity of the corporate and financial infomiation included on the charitable con)pany's website. Legislatioi) goveming the preparation and dissemination of rinancial statements may difter from legislaiion ii) other jurisdictions. Approved by the trnstees of the charity 011 26 Febrnary 2024 and signed on its behalf by= TTUStee Page 7
Wheely Tots Independent Examiner's Report to the tru$tee$ of Wheely Tot$ Independent examiner's report to the tru5tee5 of Wheely Tots I report to the trustees on iny examiiiation of the accounts of Wheely Tots {the Charity) for the year elided JO April 2023. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respeci of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5Xb) of the Act. Independent examiner's 51atement Since the Cliarity s gross incon)e exceeded £250,000 your examiner must be a member of a body listed in 5eLtion 145 of the 201 I ALt. I coiifinn that l ain qualified to uiidertake the examinatioii because l am a member nd Fellow of the Associdtioii of Charity Indepeiideiit Examiner5, wl)iLh is oiie of the listed bodies. I l)ave Lompleted my examination. I confiTm that no matters l)ave come to iny attention in coiinection with the examiiiation giving me cause to believe that in any inaterial respect.. l. accounting records were not kept in respect of the Charity as required by section 130 of the Acr,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accouiiting requirements conceming the forni and content of accounts set out in the Charities {Accounts and Reports) Regulatioi)s 2008 other than any requirement that the accounts give a 'true and fail view which is not a Inatter considered as part of ali independent examination. I have no concerns and have come across no other rnatters in connection with the examination to which attentiL)n should be dra1 in this report in order to ¢nahle a prapcr iinderstaiiding of the accounts to be reached. JuTO"Bri Ig.. FAIA. FCC.A. FCIE. employee of Cominui)ity Accounting Plus Fellow of the Association of Charity Ii)dependent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 26 February 2024 Page 8
Wheely Tots Statement of Fin#n¢i#l A¢tivitie$ for the Y¢#r Ended 30 April 2023 Total 2023 Total 2022 Unrestricted Restricted Note Income and Endowments fro. Donations and legacies Charitable activities 31,386 31,386 231,885 50,739 220,5i3 231,885 Total Income 31,386 231.885 263,271 271,272 Expenditure on.. Charitable activities (50,175) (220.7801 (?70.9551 (257.991 } Total Expenditure (50,175) (2?0.7801 (270.9551 (2i7.991 } Net (expenditureyincome Gr05S transfers between funds (18,789) 16,835 (7,684} 13,281 (16,835) Net movement in funds 11,954} (5.730) (7,684} 13,281 Reeoneiliation of funds Total lldS brought forward 53,052 57.432 110,484 97,20i Total ndS catTied fonvard 14 51,098 51,702 102,800 110,484 All of the charity's activities derive from continuing operations diiring the above two periods. The funds breakdown for the period is shown in iiote 14. The notes on pages 12 to 19 form an integral part of these financial statements. Page 9
Wheely Tots Statement of Finan¢ial Activiti¢s for th¢ Year Ended 30 April 2023 {¢ontinued) These are the figur¢5 for the previou5 accounting period and are included for Comparative purposes Total 2022 Unrestricted Restricted Note Income and Endowments from: Donatioiis and legacies Charitable activities 50,739 220,533 220,533 Total Income 50,739 220,533 271,272 Expenditure on: Charitable activities (47,747) (210,2441 (257,991 } Total Expenditure (47,747) (210,2441 {257,991} Net movement in funds 2,992 10,289 13,281 Reconciliation of funds Total funds brought fonward 50.060 47,143 97,203 Total funds carried forward 14 53.052 110,484 The notes on pages 12 to 19 form an integral part of these financial statements. Page 10
Wheely Tots (Re2istration number: 1161237} Balance Sheet as at 30 April 2023 2023 2022 Note Fixed assets Tangible assets 10 12,952 1,720 Current assets Debtors Cash at bank and in hand 7,249 88,128 35,559 77,074 95,377 112,633 Creditors: Amounts falling due within one year 13 15,5?9) li,869} Net current assets 89,848 108,764 Net assets 102,800 110,484 Funds of the charity: Restrieted income funds Restricied funds 14 51,702 57,432 Unrestrietcd ineome funds Unrestricted funds 51,098 53,052 Total funds 14 102,800 110,484 The financial stateineiits oil pages 9 to 19 were approved by the trllstees, and authorised for issue on 26 February 2024 and signed oji their behalf by.. Gloria Obilana, Chair The notes on pages 12 to 19 form an integral part of these financial statements. Page 11
Wheely Tots Notes to the Finan¢ial Statements for th¢ Year Ended 30 April 2023 Aeeounting polieies Statement of compliance The financial siatements have been prepared in accL)rdance w'ith the second editilin of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2011. Basis of preparation Wheely Tots meets the definition of a public benefit entity under FRS 102. Assets and liabilities are iiiitially recognised at historical cost or transaction value unless otherwise stated in the Televant accounting policy notes. Exemption from preparing a eagh t70 statement The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow statement in these fingncial statements. Going coneern The financial statemejits have been prepared on a going concem basis. The trustees assess whether the use of going concem 15 appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significaiit doubt on the ability of the charity to continue as a goit]g concern. The trustees Inake this assessment in respect of a period of one year frojn the date of approval of the financial statements. Income and endowments Voluntary. income inLludiii¥ doi)ations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the Lharity has entitleinent to the income, it is probable that the income will be ieLtived and tl)e amouiit Lan be nieasured witl) 5ufficieiit reliability. Donlllions and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Grunts receivftble GrtS are recognised when the charity has an entitlen)ent to the funds and any conditions linked tts the grdi)ts have beeli met. Where ptrfotmanLe Londitions dre attached to the grdnt and are yet to be met, the income is ieLo¥ni5ed as a liability and included on the biilance Sheet as deferred inLome to be released. Expenditure All expenditure is recognised once ihere is a legal or constructive obligation to that expenditure. ir is probable setilemeiit is required and the amount can be measured reliably. All costs are allocated io the applicable expendiiure heading that aggregates similar costs to that category. Where costs cannot be directly aitributed to particular headings they have been allocated on a basis consistent with the use of resources, w'ith central staff costs a]locad on ihe basis of time spent, and depreciation charges a]locad on the portion of the asset's use. Other support costs are allocated based on the spread of statTcosts. Page 12
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) Churituble aLlivilies Charitable expenditure comprises those costs incuTred bj. the charity in the delivery of its activitie5 and Seice5 for its btneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to siipport thein. Government grants Government grants are recognised based on the accrual Inodel and are measured at the fair value of the asset received or receivable. Grants are classilied as relatii)g either to revenue or to assets. Grants relating to revenue are recognised iii inctsme over the period in which the related cogts are recognised. Grants relating to assets are recognised over the expeLted useful life of the asset. Where part of a grant relating to an asset is deterred. it is rectsgnised as deferred income. Taxation The charity is CL)nsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the defiiiition of a charitable company for UK corporation tax purposes. Accordingly, the chariry is poientially exempt from taxation in respect of income L)r capital gains received within categories covered by Chapter i Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxatilin of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. DepreeiAtion and amortisation Depreciation is provided on tangible fixed assets so as to }TIte off the cost or valuation, less any estimated residual value, over their experted usefvl economic life as follows.. Asset elass Bicycles IT Equipment Depreeiation method and rate 20 /0 Straight line 33 % Straight line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary Course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impaimient. A provision for the impairment of debtors is established M'hen there is objective evidence that the charity will not be able to collect all amounts due according to Ihe original ierms of the receivables. Cash eash eqllivalents Cash and cash eqllivalents comprise cash on hand and call deposlts, and other short-terni highly liquid investinents that are readily convertible to a knoll amount of cash and are subject to an insignificaiit risk of change in value. Page 13
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) Trade ereditors '[ rade creditnrs are obligations to pay for goods or services that have been acquired in the ordinary ¢ourse of hu%illess from suppliers. Accounts pa}'able are cla8%ified as ciirrent liabilities if the ¢harity does not have an uncanditional right, at the end of the reporting perii)d, to defer settl¢ment of the creditor for at least M'elve months after the reporting date. If there is an iinconditional right to defer %ettlement for at leasi '¢Ive mi)iiths after the reporting date, they are presented as non-current liabilities. Trade creditors are recogni5ed iiiitially at the transaction price and 5ub5equently measured at amortised cost usijig the effective interest method. Fund structure Unrestricted incotne funds are general ndS that are available for use at the trustees, discretion in furtherance of the objectives of the charity- Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to thai area or purpose. PenSLOllS and other post retirement obligation5 The chariry operates a defined contribuiioii pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepa>'ment. 2 Income from donations and legacies Unrestricted fund5 General Total 2023 Total 2022 Donations and legacies; Donations from individuals Grants. including capithl grants., Govemment grants Grants froni other charities Grants from companies 25,322 25,322 25,658 24,081 2,564 3.500 2,564 3,iOO 1,000 31.386 31,386 50,7)9 3 Incorne from charitable activities Restricted funds Total 2023 Total 2022 Grants receivable 2J1,885 231,885 220,5Ji Page 14
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) 4 Grants and donations Unrestricted Restricted fund5 Total funds The Bikeability Trust Londoi) Borough of Haringey National Lottery Community Fund Groundwork 37,367 85,825 100,000 2,000 5,000 37,367 i 00,000 2,000 5,000 3,iOO 1,564 1,000 27,015 Clarion Futures Arnold Clark 3,500 1,564 I,(K)o 25,322 Sage Orr Mack Foundation Other grants & donations 1,69i 31,386 231,885 263 ?71 5 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2023 Total 2022 AccouJitai)cy Costs AdvertisingTrromotional Computer Cost Equipment Insurance Office Expenses Payroll costs Postage and Delivery Rent Subscripiion Telephone Training Travel Volunteer expenses Bank charge5 Fees Sundry purchases Uniforms Contractors Depreciation 2.388 201 13 713 226 586 276 1,025 2,614 787 289 1,738 202 12,504 108 27.032 212 1.189 135,076 1,297 162.108 221 5,521 1,824 JOI 5,996 5,521 857 461 6,4i5 967 40 2,761 2,087 6,97i 2,761 2,298 5,250 574 7.745 1,760 188 188 102 102 2,054 8,386 5.800 2,054 70,765 5,800 62,379 217,220 2.065 50,175 220,780 270,9)5 257,991 Page 15
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) 6 Net incomingloutgoing resources Net (out¥oiiigliincoming resources for the year include.. 2023 2022 Depreciatioi) of fixed assets 5,800 2,065 7 Staff costs The a¥gregate paj'roll costs were as follows.. 2023 Staff costs during the year were: Wa¥es and Salaries Social security costs Pension costs 150,615 8,67i 2,820 162,108 The inoiithly average number of persons (including senior Tnanagemet]t team) employed by the charity during the year was as follows.. 2023 2022 Siaff 712022- 6) of ihe above employees participated in the Defined Contribution Pensilin Schemes. Contributions to the employee pension schemes fL)r the year totalled £2,820 (2022 £Nil}. The total employee benefits of the key management personnel of the cl)arity were £76,544. 8 Independent examiner's fees Duiing the peiiod, the fees payable (excludii)g VAD to the charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Indepei)dei)t examiiiation 790 790 Page 16
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) 9 Taxation The charity is a registered chgrity and is therefore exempt from taxgtion. 10 Tangible fixed assets Computer equipment Bicycles Total Cost At l May 2022 Additions 8.260 I1,0?3 8,?60 17,03? 6,009 At 30 April 2023 6,009 19,283 25.299 Depreciation At l May 2022 Charge for the year At JO April 202i 6,540 6,540 5.800 2.003 2.003 10,3i7 12,340 Net book value At 30 April 2023 4,006 8.946 1?,952 At JO April 2022 1.720 1,720 I l Debtors 2023 2022 Trade debtors Prepayments Other debtors 5,660 12i 1.466 35,559 7,249 35,559 12 Cash and eash equivalents 2023 2022 Cash on hand Cash at bai)k 87,957 77,074 77,074 Page 17
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) 13 Creditors: amounts falling due Ivithin one year 2023 2022 Trade creditors Other creditors 4,581 948 3,869 5,529 3,869 14 Funds Balance at 30 April 2023 Balance at I May 2022 IncomiThg resources Re50urce5 expended Tran5fer5 Unrestricted funds Generol General 53,052 31,386 150,1751 16,8i5 51,098 Restricted funds NLCF BWP YBP Yoiir Bike Projeci Clarion Futures CYF Clarion Futures CCI SHF Other restricted funds HHH 8,624 8.581 16,680 5,000 4,000 3,000 11,547 100,000 37,367 192,363) 140.628) 116,680) 110,000) (4,000) (3,000) 111.547) 140,437) (125) (2,000) {6.li51 {5,3201 10,126 5.000 86,853 665 ?.000 {5.3801 41,036 540 HPN WRR Total restrieted funds 57,432 231,885 (220,780) 116,8351 51,702 Total funds 110,484 26i,271 (?70,955 10? 800 Page 18
Wheely Tots Not¢s to the Financial St#tem¢nt$ for the Year Ended 30 April 2023 (¢ontinu¢d) The specific purposes for which the funds are to be applied are as fLIIIows'. NLCF Connecting Well. Developing community based aciiviiies around walking cycling and food provision. B WP - Bikeability Trust Partnership with Jo}'Riders - 8-month programme of outreach + cycling provision, targeting families + young M'omen iii Haringey + Waltham Forest. YBP Your Bik'e Project a Ihree-year program of cycle trainInma1n[enanCe at Broadwater Fami and Northumberland Estates. Clarion Futures CYF- 10 week bike building project with yp in Tottenham. Clarion Futures CCI Social Action Youth Connector supporting Haben Gebrehiwet + Alexandrn Okandzi fees. SHF - Providing Sage employees '1th skills based and traditiongl volunteering opporruniiies. HHH - Developing Moselle COTnmunity food project and associated activities. HPN - 10 weeks sessions in Lordship Rec. WRR- Four family rides per winter in and around Lordship Rec + Broadwater Fann. The analysis of restricted funds for the prior period is not available. The transfer from the restricted funds to the General fund represents the ner book value of fixed assets. the use of which is noi subject to any resiriciion. 15 Analysis of nel assels between funds Unrestrieted 2023 Total funds General Restricted Tangible fixed assets Current assets 12,952 43,675 12,952 95,377 15,5?9} 51,702 Current liabilities Total net assets 51,098 51,702 102,800 Unrestricted 2022 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 1,720 53.051 1,720 112,6i3 li.869} 59,58? lJ.869} Total net assets 54,771 55,713 110,484 16 Trustees remuneration and expenses No trustees. nor any persons connected with theTn, have received any remuneration froin the charity during the year. No trustees have received any reimbursed expenses or any L)ther benefits frlim the charity during the year. Page 19