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← Autoraise

2024-03-31-accounts

Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

Charity Registration Number 1170068 (England and Wales)

AUTORAISE

Annual Report and Accounts

For The Year Ended 31 March 2024

Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

CONTENTS

FOR THE YEAR ENDED 31 MARCH 2024

Page
Charity reference and administrative details 1
Chairman’s Report 2
Trustee’s Report 3
Independent Examiner’s Report to the Trustees of Autoraise 6
Statement of Financial Activites (incorporating the income and expenditure
account)		 7
Balance Sheet 8
Notes to the accounts 9

Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024

Senior Management Team
Chairman David Sargeant
Vice Chairman Steve Thompson
Treasurer Marc Holding
Trustee Board
Chair David Sargeant
Trustees Marc Holding
Michael Golding
Steve Thompson
Guy Williams
Christopher Weeks
Dean Lander
Charity Registration Number 1170068
Principal address Autoraise
Gillibrands Road
Skelmersdale
Lancashire
WN8 9TA
Independent examiner N Mason FCA, DChA
MHA
Richard House
9 Winckley Square
Preston
PR1 3HP

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

CHAIRMAN’S REPORT

AUTORAISE

FOR THE YEAR ENDED 31 MARCH 2024

On behalf of the Autoraise board of trustees, I am pleased to submit the annual report and examined financial statements for the 12-month period ending 31[st] March 2024.

This Financial year has seen the charity go from strength to strength, with the implementation of new plans and strategies built around adapting to the increasing pace of change in the automotive repair industry, and how Autoraise can ensure that it continues to lead the way in supporting repairers source apprentices.

The industry remains in a challenging position, with a long-term shortage of repair technicians, increasing complexities in repairs and financial pressures seeing continuing and notably high increases in pay and overheads.

The charity remains incredibly grateful and appreciative of the wide-ranging support it continues to receive from industry partners and stakeholders. There is a very real passion apparent within the industry to ensure that it is seen as a provider of strong, well paid careers and can meet the high expectations of customers.

I have been very pleased with the progress the charity has made this year and eager to unveil all of the exciting plans we have for the year ahead. As a charity and a Board of Trustees, we remain committed to promoting the importance of apprenticeships, and engaging positively and in partnership to ensure that the automotive repair industry can continue to meet the challenges ahead.

January 30, 2025

Approved by the Chairman and signed on behalf of the Board on ....................................

..........................

David Sargeant Chairman

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AUTORAISE

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 MARCH 2024

The trustees have pleasure in presenting their report together with the accounts for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) (effective October 2019) in preparing the annual report and financial statements of the charity. AutoRaise is a Charitable Incorporated Organisation, registered on 7 November 2016, governed by its Constitution of Charitable Organisation.

Purpose

To advance education and training within the automotive repair industry, raising awareness of it’s importance and helping to relieve unemployment, by such means as the trustees consider to be appropriate including, but not limited to, promoting and providing apprenticeship schemes in the automotive repair industry and providing employment advice, and liaising with, employers to encourage an increase in the number of apprenticeship schemes and places available to young people in the United Kingdom.

In essence, the mission of the Charity is to help ensure that there is a sustainable pipeline of talent for the long term security of the automotive repair industry.

Appointment of Trustees

The trustees as listed on page 1 served during the year.

Trustees must be appointed via a resolution passed at a properly convened meeting of the charity’s trustees. When selecting new appointments for the role of charity trustee, the charity must assess and ensure that the individuals involved have the skills, knowledge and experience needed for the effective administration of the CIO.

Public Benefit

That Charity’s Trustees have all complied with the duties outlined in the Charities Act 2011, to have due regard to Public Benefit guidance by the Charity Commission. All Trustees contribute their time voluntarily and have received no benefits from the Charity.

Charitable Activity

The charitable activities of the Charity in the year were split between the following four key areas of activity:

The primary activity and goal of the Charity is to support employers – automotive repair businesses – in addressing their own skills shortages and mitigate the risks of this to their companies. The industry has an aging technical workforce, nationally, and the importance and demand for ensuring that there are avenues for younger people to join the industry has become business critical for many employers.

Working closely with all Autoraise Affiliated Repairers, the Charity helps identify suitable candidates and supports in assessing and preparing them for employment in the industry as an apprentice.

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 MARCH 2024

The automotive repair sector remains relatively large and also largely unknown to the public. Pre-Covid, the sector had a market value in excess of £4.8bn and traded from over 3,000 locations across the UK. While the sector has faced many challenges; from Brexit and the impact on trading from Coronavirus restrictions, it remains one that provides a valuable service in which there are a growing number of career opportunities.

The key role of the charity is to showcase and promote these career opportunities, which have become increasingly viable with very competitive levels of remuneration. This is achieved by engaging with schools, colleges and other organisations, and supporting repairers in promoting themselves as employers of choice.

The charity also works to support employers in securing and maintaining strong and beneficial business relationships with training providers that have the relevant and necessary knowledge and facilities to deliver the best possible training requirements. Many of these training providers are also able to support on engaging and recruiting the right candidates.

In addition to supporting employers, the charity proactively engages with industry stakeholders across the supply chain. Primarily this involves highlighting the importance of ensuring that there is a sustainable and skilled workforce to repair vehicles and the vital role of apprenticeships in this. This includes working with relevant UK Government organisations and training resources to ensure that there are appropriate and professional training standards in the industry.

Fundraising and Marketing

The charity has been able to fully return to the scope of engagement enjoyed pre-Covid, with direct engagement with all stakeholders across the industry, educational establishments, and apprentices themselves.

The charity retains a strong presence on social media, which supports marketing campaigns to ensure that there remains a high level of awareness and focus on the importance of apprenticeships and the support that exists for businesses to engage with them.

The charity also enjoys notable support from trade organisations and publications, which play a very important role in the charity’s mission and promoting apprenticeships in general.

Financial Performance

The Charity’s total income for the year was £238,545 with a surplus of £39,873 for the period.

With a smaller rally taking place this year, income from this source dropped by just over £100,000.

The charity remains in a strong position to continue to deliver on its purpose.

Reserves Policy

The charity currently holds a high level of reserves that would cover an extended period if necessary in the event of the funding environment changing dramatically. Free reserves as at 31 March 2024 were £462,241.

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 MARCH 2024

Going Concern

The charity has been successful in retaining and expanding on income streams, despite a problematic economic environment that has seen many businesses look to reduce their expenditure in the face of inflationary pressures.

The charity enjoys a pivotal position within the sector regarding apprenticeships and has benefitted from committed and gratifying support from partners and stakeholders throughout the industry.

The trustees have a reasonable expectation that the charity will continue to maintain the necessary resources to ensure the continuance of its charitable operations for the foreseeable future.

Future Plans

With a new general manager successfully recruited and onboarded, the team have worked hard on developing an updated business plan for the coming years. This will be launched to the industry in February 2025 along with an updated fundraising plan.

The charity will continue to work with all stakeholders to attract young people to the industry and support them and their employers over the coming years

January 30, 2025

This report was approved by the board of trustees and authorised for issue on …….. and signed on its behalf by

………………… Marc Holding Trustee

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2024

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2024 set out on pages 7 to 17.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form 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 have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

………………………. Nicola Mason FCA, DChA Independent Examiner MHA Chartered Accountants Preston

January 31, 2025

Date ……………………….

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2024

Income from:
Donations
Other trading activities
2
Other income
3
Total Income
Expenditure on:
Raising funds
4
Charitable activities
5
Other Costs
6
Total Expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total Funds Brought Forward
Total Funds Carried Forward
15		 Unrestricted
funds
2024
£
10,810
129,321
98,414
238,545
48,087
99,984
50,601
198,672
39,873
-
39,873
422,368
462,241		 Unrestricted
funds
2023
£
18,288
140,092
208,938
367,318
71,643
37,779
4,605
114,027
253,291
-
253,291
169,077
422,368

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. There were no restricted funds held during the current or prior period.

All of the above amounts relate to continuing activities.

The notes on pages 9 to 17 form part of these financial statements.

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2024

Note 2024 2023
£ £ £ £
Fixed Assets
Tangible assets 11 113 340
Current Assets
Debtors 12 80,515 95,453
Inventory 17,000 -
Cash at bank 510,948 440,820
608,463 536,273
Creditors:
Amounts falling due within one year		 13 (146,335) (114,245)
Net current assets 462,128 422,028
Net Assets 462,241 422,368
Funds
Restricted income funds -
Unrestricted income funds 15 462,241 422,368
Total Funds 462,241 422,368

January 30, 2025

The financial statements were approved by the Trustees and authorised for issue on ……………….. and signed on behalf of the Board by:

……………………

Marc Holding Trustee

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

NOTES TO THE FINANCIAL STATEMENTS

AUTORAISE

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

AutoRaise is a charity registered in England and Wales. The principal office is situated at Gillibrands Road, Skelmersdale, Lancashire. WN8 9TA.

Accounting convention

The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)(October 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The accounts are prepared in sterling which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

The Trustees have considered the working capital of the charity and, at the time of approving the financial statements, have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Fund accounting

Unrestricted funds are funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity, and which have not been designated for other purposes.

Restricted funds are funds, which are used in accordance with specific restrictions imposed by donors. There were no restricted funds held during the period.

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Specifically for grant income, where receipt of a grant is conditional on performance of a specific project, income is accounted for once the Charity earns the right to consideration by its performance. Where no conditions are applied to incoming grants, income is accounted for on receipt.

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting Policies (continued)

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. Charitable activities includes all costs relating to activities where the primary aim is part of the objects of the Charity, along with an apportionment of support costs. Governance costs consist of the costs incurred in the management of the Charity and the costs of meeting its external reporting requirements.

Support costs consist of administration expenses incurred in the day to day management of the Charity, together with the cost of premises used for such activities. These costs are allocated across the categories of charitable expenditure, governance costs and costs of generating funds. Support costs are allocated on a labour basis, using the proportion of staff time allocated to certain activities, on the basis that this forms the fairest method of allocation of such costs.

Tangible Fixed Assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

IT Equipment 33% Straight Line

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks.

Creditors

Creditors 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 are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only 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. The charity has no bank loans or other more complex financial instruments that require measurement at amortised cost using the effective interest method.

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting Policies (continued)

Critical accounting estimates and judgements

In the application of the Charity's accounting policies, the trustees' 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 estimates and assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key assumptions, judgements and estimates

In the opinion of the Trustees’ there have been no significant judgements (apart from those involving estimates) made in the process of applying the above accounting policies.

There have been no key assumptions concerning future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

2 Incoming Resources from Other Trading Activities

Partner Income
Affiliated Repairer Income		 2024
Unrestricted
£
102,861
26,460
129,321		 2023
Unrestricted
£
116,592
23,500
140,092

3 Other income

Rally Income 2024
Unrestricted
£
98,414
98,414		 2023
Unrestricted
£
208,938
208,938

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

4 Expenditure on Raising Funds

Staff costs
Motor expenses
Travel
General expenses
Event costs
Office expenses		 2024
Unrestricted
£
-
-
-
-
48,087
-
48,087		 2023
Unrestricted
£
-
-
-
-
71,643
-
71,643

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

5 Expenditure on Charitable Activities

Marketing
Staff costs
Motor expenses
Travel
Consultancy services
Event costs
Office expenses		 Engaging
repairers
Raising public
awareness
Working with
training
providers
Developing
training
Total 2024
£
£
£
£
£
1,885
1,885
1,886
1,886
7,542
12,248
12,248
12,248
12,249
48,993
1,111
1,111
1,111
1,112
4,445
835
835
835
834
3,339
7,740
7,740
7,740
7,741
30,961
35
35
35
34
139
1,141
1,141
1,141
1,142
4,565
24,995
24,995
24,995
24,998
99,984

Prior year

Marketing
Staff costs
Motor expenses
Travel
Consultancy services
General expenses
Office expenses		 Engaging
repairers
Raising public
awareness
Working with
training
providers
Developing
training
Total 2023
£
£
£
£
£
1,050
1,050
1,050
1,050
4,200
5,867
5,867
5,867
5,868
23,469
277
277
277
277
1,108
900
900
900
900
3,600
12
12
12
13
49
1,338
1,338
1,338
1,339
5,353
9,444
9,444
9,444
9,447
37,779

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

6 Other Costs

Governance costs
Legal and professional
Bad debts
Subscriptions
Bank charges and interest
General expenses
Insurance
Depreciation
7
Governance costs
Statutory accounts and Independent examination fee
8
Net income for the year
Net income stated after charging:
Independent examiners remuneration:
-
Depreciation of tangible fixed assets
-
Independent examination fee		 2024
£
1,500
20,764
24,000
2,486
108
250
1,266
227
50,601
2024
£
1,500
1,500
2024
£
227
1,500
1,727		 2023
£
1,500
-
-
1,411
122
-
1,129
443
4,605
2023
£
1,500
1,500
2023
£
443
1,500
1,943

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

9 Staff Costs and Emoluments

9
Staff Costs and Emoluments
2024 2023
£ £
Wages and salaries 43,455 21,556
Social security costs 5,538 1,912
48,993 23,469
he average number of employees for the year was 1 (2023: 1).
o employees were paid in excess of £60,000.
10 Trustees' Remuneration and Expenses
he key management personnel of the Charity comprises the trustees and the Chief Executive Officer. The
otal employee benefits of the key management personnel of the Charity including National Insurance and
ension Contributions were £55,593 (2023: £1,912). No remuneration was paid or payable for the period,
irectly or indirectly, out of the funds of the Charity, to any Trustee or to any persons known to be connected
ith any of them, in their capacity as Trustee.
rustees have received no expenses in the period except for reimbursed charity expenditure.
11 Tangible Fixed Assets
IT Equipment
£
Cost
At 1 April 2023 2,190
Additions -
Disposals -
At 31 March 2024 2,190
Depreciation and impairment
At 1 April 2023 1,850
Depreciation charged in the year 227
Disposals -
At 31 March 2024 2,077
Carrying amount
At 31 March 2024 113
At 31 March 2023 340

The average number of employees for the year was 1 (2023: 1).

No employees were paid in excess of £60,000.

10 Trustees' Remuneration and Expenses

The key management personnel of the Charity comprises the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the Charity including National Insurance and Pension Contributions were £55,593 (2023: £1,912). No remuneration was paid or payable for the period, directly or indirectly, out of the funds of the Charity, to any Trustee or to any persons known to be connected with any of them, in their capacity as Trustee.

Trustees have received no expenses in the period except for reimbursed charity expenditure.

11 Tangible Fixed Assets

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

12 Debtors: Amounts falling due within one year

Trade debtors
Prepayments and accrued income
13 Creditors: Amounts falling due within one year
Trade creditors
Accruals and deferred income
Other taxation and social security
Other creditors		 2024
£
75,771
4,744
80,515
2024
£
32,303
73,330
20,722
20,000
146,355		 2023
£
86,280
9,173
95,453
2023
£
10,295
85,366
18,585
-
114,246

13 Creditors: Amounts falling due within one year

14 Restricted Income Funds

No restricted income was received during the current or previous period and no restricted funds were held at the year end.

15 Movement in funds

15 Movement in funds
Unrestricted Funds
Unrestricted Funds		 Balance at 1
April 2023
Incoming
resources
Outgoing
resources
Balance at 31
March 2024
£
£
£
£
422,368
238,545
198,672
462,241
422,368
238,545
198,672
462,241
Balance at 1
April 2021
Incoming
resources
Outgoing
resources
Balance at 31
March 2022
£
£
£
£
169,077
367,618
114,027
422,368
169,077
367,618
114,027
422,368

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Docusign Envelope ID: E2E46E81-E3D0-4ADE-BA25-26C7F83286BF

AUTORAISE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

16 Analysis of net assets between funds

2024 2024 2023 2023
Unrestricted Total Funds Unrestricted Total
Funds Funds Funds
£ £ £ £
Fund balances at 31 March are represented by:
Fixed assets 113 113 340 340
Current assets 608,463 608,463 536,273 536,273
Creditors: amounts falling due within one (146,335) (146,335) (114,245) (114,245)
year
462,241 462,241 422,368 422,368

17 Related Party Transactions

D Sargeant, Chairman and trustee of the charity, is a director and shareholder of Gemini Accident Repair Centres Limited. During the year donations of £nil (2023 £nil) were received from Gemini Accident Repair Centres Limited. The company was also invoiced by the charity for membership of £28,224 and rally entries of £17,753. These charges were on an arms length basis and the same as for other companies.

M Holding, Treasurer and trustee of the charity, is a director of Karl Vella Group Ltd. During the year the company was invoiced by the charity for membership of £6,600 and rally entries of £5,500. The company provides accounts and governance services to the charity and charges £300 a month. All charges were on an arms length basis and the same as for other companies.

18 Control

There was no ultimate controlling party during the current or prior period.

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