## **REDHILL SHOPMOBILITY** **(REGISTERED CHARITY NO: 1165439)** ## **FINANCIAL ACCOUNTS** **FOR THE YEAR ENDING 31[ST] MARCH 2025** ## **REDHILL SHOPMOBILITY** ## **FINANCIAL ACCOUNTS** **FOR THE YEAR ENDING 31[ST] MARCH 2025** ## **INDEX** **Page 1 Trustees Report** **Page 2 Statement of Financial Position Page 3 Balance Sheet Page 4 Notes to the Accounts Page 6 Independent Report** REDHILL SHOPMOBILrrY FOR THE YEAR ENDING ￿$1 MARCH 2025 The Trustees present thelr report torth¢ tw•l¥¢ months •nd•d 31" March 2025 Thg Tn￿tee$ of Redhlll Shopmoblllty ar•: Ggrdonjennlngs Ighn Saberi Michael Forrune Heaiher Panter arl Grouse oavld Vl8ar linda Thomas Kamila Latacz Chalrni SecTetsry Treasurer Redhill Shoprnobility was established by the Tnjst dated 2￿June 1997, tTan5ferred to and incorporated ent I"Aprll 2017 and 55 re61stered wlth the chtyrity comMis￿n no. 1165439. It1s8o¥erned by its constituuon. ObJertlves The objertive of the or8anisatlon ts to promote the relief to disabltd P•fsons. and tts)se with limited moblllty. by Improvlrt8thelr mobllKy and accw and by provlsbn ofwhtèlthalrs and othw e4ulpmertt. Results The chaAty recorded the decrease in revenue ￿ £40.420 to £230.128 forthe year compared ¥￿th the prewou5 year. We are corrtlnulng to 5011r¢e InvÈstment o[y￿UnI1¥ 801n8 forwafd. Chalrs Rew¢ The contlnued succe55 of Redhlll Shopmc*FIIty Is due to the commr¢rnertand hard work of a dedicated group of Tnsstees. a srn411 team ol staff. ond valued kKal volurteers. Their collectNe efforts ensure that e5sentsal services remain avallabletothose who rety on them. Reseries Poll¢v The reserves pollry Is to bulld up a 8eneral reserve egual to 12 months expenditure thu5 Securi￿ the lon8- term operations ofthe scheme shovld the charity experiwKe and short-tem flnandal drfficultle& Redhlll ShopmobS1￿contIThues to 8row and devekjp. thie of the aims for thecoming year 15 to secure 3 source of long-tefm fundlng and support from businesses, sothe tharftycan contlnue w support hs 8rowth W￿thOut financial conslraints. Thank you again to the many people who make the stheme possible. GLYdon JennlnRS On Behalf of the Trustees ## **REDHILL SHOPMOBILITY** ## **STATEMENT OF FINANCIAL POSITION** **FOR THE YEAR ENDING 31[ST] MARCH 2025** ||**Notes**|**2025**|**2024**| |---|---|---|---| |||**£**|**£**| |**Incoming Resources**|||| |Fees and subscriptions||4,592|6,854| |Donations|||18| |Sales of mobility goods||208,130|187,740| |Sales of mobility goods – recycling|||60,451| |Equipment hire||17,397|15,485| |Total Incoming Resources||230,128|270,548| |Resources expended|||| |Direct Charity Expenditure|||| |Cost of goods sold||144,144|189,374| |Equipment Additions||-|-| |Wages and salaries|**2**|53,790|57,548| |Maintenance||1,794|145| |Postage and stationery||120|585| |Insurance||1,862|3,152| |Advertising||1,581|192| |Bank and card merchant fees||8,283|1,244| |Subscriptions||50|365| |Sundries||967|908| |Accountancy||1,222|809| |Bookkeeping||3,840|960| |Computer Costs||67|67| |Donations||-|-| |Rent||6,219|7,649| |Electricity costs||6,133|8,041| |Total Resources Expended||230,071|271,038| |Net Resources (Outgoing)||57|(491)| |**Fund Balance**||**89,945**|**90,436**| |**Fund Balance carried forward**||**90,002**|**89,945**| ## **REDHILL SHOPMOBILITY** ## **BALANCE SHEET** ||**AS AT 31ST MARCH 2025**||| |---|---|---|---| |||**2025**|**2024**| |||**£**|**£**| |**Current Assets**|||| |**Stock**||**13,768**|**13,768**| |**Bank and Cash Balance**||**23,871**|**28,951**| |**Other**||**52,363**|**47,226**| |**Net Current Assets**||**90,002**|**89,945**| |**Restricted Fund**||**-**|**-**| |**General Fund**||**90,002**|**89,945 **| ## **REDHILL SHOPMOBILITY** ## **Notes to the Accounts** **FOR THE YEAR ENDING 31[ST] MARCH 2025** ## **1. Statement of Principal Accounting Policies** ## **a. Accounting Convention** The financial statements have been prepared under the historical cost convention and in accordance with the Charities Statement of Recommended Practice (SORP) and applicable UK accounting standards. ## **b. Voluntary Income** Cash donations and gifts are included in the income and expenditure accounts when received. ## **c. Taxation** Redhill Shopmobility is a registered charity and as such, exemption applies to income arising and expended on its charitable activities. ## **2. Employee Remuneration** No remuneration or benefits were paid to Trustees during the year other than reimbursement of legitimate expenses. ||**2025**|**2024**| |---|---|---| ||**£**|**£**| |**Gross Wages and Salaries**|**53,790**|**57,548**| |**Average Number of Employees**|**5**|**5**| REDHILL SHOPMOBIUTY INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF REDHILL SHOPMOBILITY FOR THE YEAR ENDING 31sf MARCH 2025 I report on the acwunts of the charity for year ènded 31° March 2025 whlch are set out In this document. Res￿￿￿1ve responslblllty ofthe Tn￿ and Examlner. As thè trustees you are resp